County valuation increases

by Cindy Glasson

The final numbers regarding the valuation for Hot Springs County have been released from the Hot Springs County Assessors Office, showing an 18.212 percent increase in value from 2017 to 2018.

An itemized list shows locally assessed values at just over $50.7 million, state assessed (utilities) valued at a little more than $7.3 million.

Railroads in the county have been assessed at $4.2 million and hard minerals come in at $2.8 million.

Oil production for 2017 was just over $78.5 million, while gas production was just $143,050.

The total valuation for Hot Springs County is $143,779,630 for 2018, compared to $121,628,379 for 2017.