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Nevada laws provide that the county assessors shall assess at 100$ of the actual cash value of the property within the county. By custom and practice, assessments have been usually set at about £0$ of actual cash value. In 1953 a flat increase of 15$ on land and improvements was added in Clark County, but the basis is still far below the 100$ level. The following tabulation of property sales in November and December, 1953, will give an indication of current assess­ment levels: Sale Price 1953 Assessed Valuation Sale Price 1953 Assessed Valuation Sale Price 1953 Assessed Valuation $££,500 $1,£65 . $ 1,000 $ £0 $1£,000 $ 716 3,500 1£5 15,000 £,300 11,500 455 30,000 4,691 1£,500 1,150 159,000 19,1£3 3£,500 1,848 6,500 500 1,000 £3 60,000 . 150- 9,000 1,086 55,000 5,1£3 60,000 150 14,000 71 1,000 71 £,500 115 15,000 1,7£5 3,000 115 37,000 7,130 45,000 4,101 7,000 £59 1,500 ' 144 18,000 1,086 37,500 £,351 £,000 115 9,500 595 1£,000 1,086 1,500 £30 10,000 1,873 £,500 £88 4£,500 £,17£ • 39,000 6,909 10,000 60 6,000 150 40,000 1,651 1,500 115 35,000 1,967 - 5,000 131 1,000 1 5,000 770 40,000 781 15,000 3£6 1,500 58 1,500 46 5,000 1,000 1£,500 1,708 1,500 69 6,000 46 75,000 3,795- 45,000 3,5£7 ' 15,000 69 10,000 748 14,000 1,564 1,000 58 4,500 956 5,000 115 1,500 575 57,000. 8,7£1- 3,500 50 1,000 17 £ 1£,500 170 £8,000 960 1,000 173 3,000 £50 3,500 500 3,500 690 7,500 45 Before the 15$ increase of 1953, land was assessed generally at one-third of 1943 values, except for certain unimproved lands assessed at nominal figures by State law; improvements were assessed at one-third of 1943 values, minus depre­ciation. Personal property and the railroad-public utility roll were and continue to be assessed at 50$ of current values. Exemptions allowed are: Veterans, $1,000; Widows, $1,000; Blind, $3,000. 17