Show M VER m OLD lD DEBT G R DEAl DEALe ore e Rev Revenue nue P Prom From rom romi i rater ater Expected US RED REDUCED Valuation income Stands frAIL AIL OF CITY TAX LEVY 1924 1925 I l i fund 43 40 SUJ sup and g ter 3 2 3 12 tS and 30 30 on bonds and king fund 20 17 Urs arid and drains 1 10 0 1 10 0 r ry 3 1 04 IS U increasing creasing the estimated rev- rev J from water wlter rates tes and to carry carryon on the city kit kitU j 3 U revenue received gin tn erroneous assessment the Utah Idaho Sugar come cornie com corn i ie e city commission was able abley y morning to fix the tho tax for jr Salt Lake City for 1925 the same as 1924 resolution fixing the thenie thethis nie 1 this figure with some someI some someI I I gi b changes change's in the distribution r assessment asses ment as shown in ine e a comparative table was i by t the te city law depart- depart d by unanimous I passed vote ote I I FIGURES INCREASE ity auditor figuring avail avail- e venue on Information fur- fur be It bebY 11 the various departments J a tax rate based ra revenue of m water meter rates for the bis amount having laving been esA esthe es- es A J. J by the water assessors assessor's derment de- de and allowing for a write- write f OOOO of the erroneous as as- isme against the s sugar siga ar corn corn- com com- ny ear the city books of ot this fictitious alu valuation if the city has sp spent nt It mount of money la in the past he lie figured that a a. a 1 mills would h have have- to m to provide revenue to care bUdget ap appropriations and ande e l-l l for emergency purr pur pur- IS r 1 Jn assurance of Mayor or C. C Q QI 0 I head leni head of the water depart depart- 1 hat the revenue from water e curates ates would be at least flke e commission decided to set th this figure as the estimated re- re m niter meter ter rates Then It was r to defer paying off oft the d of the erroneous against the sugar com com- l hu hus reducing the item o of ex ex- ires by this amount k an apparent Increase in Jn reve revenue Oooo it was found that by do- do the levy could be made the theIs thes elSs s last year and would pro- pro Is total revenue from taxes departmental sources of 3 against total budget aes ales al- al es of thus mak- mak surplus for emergency pur- pur of hen in the budget was adopted commission agreed that a a r s lr- lr at least 00 should be Sp but p.-but bat to avoid raising the is agre agreement ment was abrogated gt was decided to try to get g a less amount Of the 43 surplus provided about already been eaten up in addi- addi which have 1 l by the commission he e budget was adopted the proposed write write- of ot the sugar company assessment means that my y simply defers to some fume fune fu- fu ne me the repayment of Itself of ot amount Jou of ot th the tM which ha harl pent against valuation and which did not exist the theMe thee t. t Me e court having decided that Assessment se against the sugar PL l. l was erroneous 1 of the M f c the assessment this year t the levy for contingent expenses was reduced by fal hile shile the the- tax levy for fot water water- was increased from 11 to 12 mills This Increase rare of the cost of the t lm n. n to the Mountain h Dell Deli re re- res r r dam darn and interest on the thea wa- wa ls outstanding The rate for forI forand I t and sinking funds on bonds ICed from 20 mills to 17 mills 1 to the fact that that the water rest was taken out of this nd transferred to the water cater The levy for the pub- pub is raised from 3 1 mill I mill to give that institution it g t Increase In revenue |