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(Continued from Page 1) proposed changes and tax vehicles at their finance value, the lowest of the three standardized scales, a car with a finance value of $5,000 will bring in $140 under the new system as opposed to $55 under the county’s current tax program. She explained that the finance value of a vehicle is the worth set by a bank or other lending institution. Mrs. Scoggin noted that other counties use retail or wholesale (trade-in), much higher values than finance, in assessing taxes on a vehicle.
‘‘We’ve got 4,000 vehicles to get $175,000." remarked H. B. Wood.
“That might not seem too much to pick up if you drop off farm machinery and household goods now...but once you eliminate farm related vehicles (from the tax rolls) right many of those 4.300 licensed vehicles are
77.1%