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I I I I I I I I I I I I I I I I I I I I I I 0,J0849 B - ASSESSED VALUAT!ON The assessed valuation of the Ute District and particu- larly the rate of increase as compared to the overall County or Grand Junction rate followS the same signifioant pattern shown by population studies. Assessed valuations, as taken from Mesa County Rocords by the Mesa County Planning Office, are shown in Table B-I. Certain areas and districts in the Grand Valley have been studied from the standpoint of assessed valuation, water con- sumption and typo of area. The areas, their assessed valuation, approximate number of owners and average value are shown in Table B-II. This information is valuable only for a portion of the Ute District because such important areas as No. I, No. II, No. V and the general farm and ranch areas are not represented. It should be noted that the comparison of the City of Grand Junction and the Ute District for the year 1960 ShoWS the Ute District in the poorest light. During that year the City acquired some substantial areas by annexation while the Ute District made none. The year 1959 shows the most reasonable comparison, there being no significant annexations to either, nor was there unusually large construction programs during that year. The rate growth of the ute District as compared to the City was 130% greater for 1960 and 190% greater for 1959. Based on the lowest rate of increase in assessed valua- tion so far recorded by the ute District, the valuations have been projected into the future at the rate of seven percent increase per year until the rate of increase reached 3.5 mil_ lion per year after which a uniform rate of increase was used. The projected district assessed valuation for the period 1962 to 1982 is shown in the following table: - 17 - l __ ,i, ii,,~ ~_';;"'l;~-~