County valuation released

The final 2020 Hot Springs County Valuation has recently been released by Hot Springs County Assessor, Dan Webber.

The locally assessed value, which is pending approval from the State Board of Equalization, came in at $52,413,612. Webber expects this number will be approved with little to no change.

Utilities, which are state assessed, are valued at $7,561,051. Railroads in the county are assessed at $4,214,839. Hard minerals for the county came in at $3,006,218.

The oil production assessment, based on 2019 production numbers, is valued at $88,964,418 and gas production came in at zero.

That gives us a total county valuation of $156,160,138 for 2020, compared to $152,593,199 for 2019, a 2.338% chance for the better.