Heckman v. Custer County

As employed herein, “assessed value” means the value fixed upon taxable property by the county assessor and equalized by the county and state boards of equalization. “Taxable value” means that percentage of the assessed value which is made the basis of computation of taxes by sections 1999 and 2000, Revised Codes of 1921.

In round numbers the assessed value of all property in Custer county is $28,000,000, the taxable value thereof is $9,250,-000, and the outstanding bonded indebtedness of the county is $615,000.

■This action was instituted by a resident taxpayer of the county to restrain the…