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Show 5. L. Tax Hike Traced to Debt . ; CITY'S PROPERTY LEVY FOR 1937 IS FIXED AT $4 PER $1000 HIGHER Bond Retirement and Interest Payment Loom Large in Requirements; Debit Is Twice State's That patient gentleman, Mr. John Property Owner, Salt Lake City, will find he if asked to pay about $41 per $1000 of assessed valuation when he gets his 1937 tax notice. , .about ' ft more man in iwjo. Ami ef tha approximately $41. etxaotly SS win he for a "ms heree ... debts of Salt Lake Otya . Alt levies which will be a 1 against the Salt Lake City property owner had been fixed Friday, with the exception of that for ths county i government, which is not expected ' to be boosted over ths i.Tf mills of . last ysar. Assuming the county levy, to be fixed by August t, remains ths same, the total 1837 levy against Salt Lake City property for all purposes . . . state, elty, city schools, county, metropolitan met-ropolitan water district and mosquito mos-quito abatement district, will be 4L17 mills. Figure Set That would be 141.174 per $1001 valuation. Last year's total levy In Salt Lake City was 37.5 mills, or IJ7-M per 11000. The total mlllage levy la expected to shape up this way: Purpose 1ST ltM Salt Lake City. 15 14 a L. C. schools 1 75 11 M Btats M Salt Lake county x8 7 7 Water district M .3 Mosquito abate, diet .. .1 .1 Totals 41 174 IT 6 xAssumsd. Highest part of ths property owner's own-er's tax bill will be for city government. govern-ment. If his property Is assesssd at 11000, 15 of ths $41-174 wiU be for the city. Bonds Are Factor And one-third of that 15 will be for bond retirement and Interest psyment. Ths city, with a population of about 146,000, has a nst debt mora than twice that of the state, with a population of approximately SOO.OOO. The city's net debt stood Friday at 7 4J,000 and the state's at (3,- 230.2SO. Howsver, the city has a financing problem that does not confront the stats. The city must depend largely upon property taxes, received In a lump in November, while the state, by ita numerous special taxes, baa (OeaUaoeS ee Pan reatteea) Column One) DEBTS BLAMED FOR TAX BOOST (Continued from Pes One) constant flow of cash Income throughout the year. Division Itemised The tax bill for support of city government will be divided this way: I i ? B r i . Mi if; Contlntnit fund 1. t" S l " Auditor . .. Ill .MS lS.Sel.Sl Public Horary. . a .Ml Public aalty 4.SSS t.tSi SJo,S7 JJ Park! and pubite propartr 1 1 1.10 144.00.S4 Sir' ana aid. walaa 2.1 1 30 Ml.0ei.SS Bendt anS bond inuraat .... a.. S 00 SS4. S4S.se Total is. sis, si,as.eT.T The city commission late Thursday Thurs-day afternoon boosted its 1937 levy to 18 mills from the It-mill rate of ItSd upon recommendation of City Anriltftr RmiimI V Nifhnlla The levy will be applied against a valuation of tl30.9O.S5a, a decrease of 111,101,004 from last year's valuation. val-uation. Lew Citrd "This appears to be too great a loss for the city to absorb In Its operations." Mr. Nicholls told the commission. "Therefore, we must use the rats f 16 mills to provide sufficient revenue rev-enue to maintain service for 193T. It is significant, 'however, to note that, even with the one-mill Increase, In-crease, we are asking (34.JO4.10 leas than we levied In 1934." Mr. Nicholls urged all departments depart-ments to cut budgets by at least 130.000. Although the new levy Is designed to yield ll.9U.MTT, allowance of 10 per cent for delinquencies would reduce the net return to S1.767.2U. Income from taxes owed for prior years is expected to return 1300-000. 1300-000. This, added to other miscellaneous miscel-laneous city revenue, expected to be IUMOO0. would make a total revenue of (3,223 281, Including the property tax. "That la not aufflclent to balance the budget," Mr. Nicholls said. i ii . |