OCR Text |
Show Wednesday, May 11, 1977 UTAH FOUNDATION Fed. Govt. Spent Over $8 Million In County Federal spending totaled $8,229,000 in Summit County last year. Federal outlays in Summit County during the 1976 fiscal ye?- totaled $8,229,000, or about $1,247 per capita. These expenditures also were equal to about 22.7 percent of total personal income in the county during the preceding calendar year. These were some of the facts reported by Utah Foundation, the private tax research organization, in their annual study of Federal outlays in Utah. A breakdown break-down of Federal spending in Summit County shows that $25,000 of the 1976 Federal outlays were made by the Department of Defense, $2,637,000 by the Department of Health, Education, and Welfare, $2,456,000 by the Department of Transportation, Transporta-tion, $450,000 by the Treasury Trea-sury Department, $319,000 by the Veterans Administration, Administra-tion, and $2,341,000 by other Federal agencies. Federal outlays throughout the state of Utah during the 1976 fiscal year totaled $1,946,686,000. This sum includes in-cludes all Federal expenditures expendi-tures made in the state for salaries. Federal purchases and contracts, grants-in-aid to state and local governments, govern-ments, along with other Federal payments to individuals indivi-duals and institutions within the state. According to the Foundation Founda-tion report, the proportion of total Federal spending made within the state has been declining despite the fact that residents of the state are paying proportionately more in taxes to finance such Federal programs. Between 1970 and 1976, Federal out-lavs out-lavs sjius )Utah; rose 6y .69 , perceflt,-but outlays-through- k out the nation increased by 89 percent. As a result, Utah's share of total Federal spending declined from 0.61 percent in 1970 to 0.54 percent in 1976. During this same period, Utah's share of the total tax burden climbed from an estimated 0.38 percent in 1970 to 0.44 percent in 1976. Foundation analysts attribute attri-bute this shift in Federal spending to the strong effort that has been made during recent years to divert Federal Feder-al expenditures away from the South and the West and into the more populous Northeast and Midwestern states. Many of the programs pro-grams enacted by Congress during the past decade have placed greater emphasis on spending in the large metropolitan metro-politan cities. Because of this policy, Utah's . share of overall Federal spending has been declining, federal outlays made throughout the United States last year amounted to $358.9 billion. The foundation report re-port indicates that Utah's share of the taxes needed to pay for this Federal spending spend-ing program totaled, $1,570,000,000. Since Federal outlays made in the state last year were $1,947,000,000 Utah currently receives back about $1.24 for every $1.00 taken in Federal taxes for the enumerated distributions The Foundation hastens to point out, however, that the individuals paying the taxes are not necessarily the same ones benefiting from the Federal activity. Moreover, there also is some question regarding the desirability of some of the Federal programs pro-grams since many of them may be designed to limrt-or restrict) statec local or ntv 'vate activities -Finally? fenfe study indicates that expendi ture priorities may have been different if the spending decisions had been made locally rather than by Federal Feder-al officials in Washington. Utah actually suffers a loss when Federal expenditures are financed through borrowing. bor-rowing. According to the Foundation report, Utahns pay out twice as much in Federal taxes to meet interest inter-est costs on the national debt as individuals and institutions institu-tions in the state receive back in Federal interest payments. During 1976, for example, only $50.0 million in Federal interest was paid to individuals and institutions institu-tions in Utah, while the state's share of the taxes required to meet total interest inter-est payments on the national debt amounted to $119.6 million. In other words, servicing the national debt resulted in a drain of nearly $70 million from Utah last year. Similarly, Federal budget deficits and increases in the national debt tend to raise interest obligations and take additional money out of the state. In fiscal 1976, the Federal government incurred incur-red an operating deficit of $65.6 billion. The net effect of this deficit was an increased annual drain of about $11.7 million from individuals and business firms in Utah. The Foundation study points out there has been a Federal budget deficit incurred in 37 of the past 46 years. Federal expenditures in the U.S. last year were made through 1,300 separate programs pro-grams administered by 87 different Federal departments depart-ments and agencies. Utah participated in 528 of these Federal outlay programs involving 35 different departments depart-ments and agencies. Bids To Be Taken On Water Improvements Park City will begin advertising adver-tising this week for bids on its $600,000 water improvement improve-ment project. Project plans call for the replacement of deteriorated water mains and lines in the older section of town and the installation of water meters in homes and businesses. The improvements are being financed by the Farmers Home Administration. Construction bids .will be., opened at City Hall on June 14-i'ndlbeCity Couflcil.at its, June 16 meeting is expected to recommend the contract be awarded to the lowest bidder. The awarding of the con-stract con-stract is subject ot FHA approval and City Manager Wayne Matthews said he expects work to begin soon after that approval is received. re-ceived. Major road repairs also will be made in conjunction with the water improvement project. pro-ject. Streets torn up due to the replacement of 'water ; lilies ' are scheduled to be resurfaced.' "" Theodore Roosevelt Plenty of room for wide-open living, ivifh J.576 square (cef of relaxed, f(.'(;l-on-lie-cof(;e-labe spaciousness. Dining area, kitchen, living and family rooms. 3 bedrooms. 2V: balhs-plus a bonus room offering an additional 765 square feel, to be finished any way you want. T. H. would have heartily approved. , (' hd. live in the past-with every modern umenily- in the Theodore Roosevelt. Invest in Park City! SILVERTOWN CONDOMINIUMS - 2, 3, and 4 bedroom, 2 bath units, fireplace, completely furnished, swimming pool, saunas, Prices start at9.900- call 649-8530 LARGE BUILDING LOTS - 10 percent down, low monthly payments. VICTORIAN HOMES - modern living with three large bedrooms, 22 baths, 2 fireplaces, one in the master bedroom, large deck off master bedroom, all this for only $57,900. CONTEMPORARY HOMES - from $47,500 - 2 & 3 bedrooms, garage, fireplace, 1 & 2 baths, and more. COMMERCIAL LOTS AND ACREAGE - from $12,800 - in Prospector Square that begins construction Spring 1977 and includes ice skating, bowling alleys, restaurants, theaters, tennis courts, swimming, convention center, shops and educational institute. PARK WEST CONDOS - from $26,900 - fully furnished, right next to the ski run. Low Down Payment - Financing Available on all Properties Sold exclusively bv 649-93M Western Woo FOOT OF GONDOLA AT RESORT CENTER; dlandsj THESE PEOPLE URGE YOU TO VOTE IN FAVOR OF THE SEWER BONDS FOR THE REGIONAL SEWAGE TREATMENT PLANT. VOTE TUESDAY. MAY 17th Nan McPolin-When the first sewer bond election came before the people I was not in favor of it for several reasons. But since learning more about it, I have changed my mind. I urge everyone to vote in favor of the sewer bond. Violet Terry-I am in favor of the sewer bond and I hope that everyone votes in favor of it. Lloyd Stevens-I urge everyone to become informed on the issues regarding the sewer bond election, because only someone who is not informed would vote against the sewer bond. Donna Dearden-If the sewer bond does not pass we will be spending money on a facility that does not truly meet our needs. iJ"- lm low 1 Wt-J) nv U Jack Green-I support the Snyderville Sewer District project because the cost to the citizens of Park City would be lower if thev participate in the regional concept. Under the regional plan, the monthly sewage fee would be approximately $5.00. If the people of Park City have to upgrade the plant to E.P.A. and State Department of Health Standards, we can expect monthly charges to run from $8.00 to $10.00. Pat Epply-One large sewer plant for the Park City-Snyderville City-Snyderville area would be more desirable than a plant for every developement that is built. The cost of building and operating a large plant is much less expensive than several small ones. The growth of this area will continue and I think now is the time to look at the future needs of our city and county. Skip Schirf-The regional sewage treatment plant concept con-cept is better economically and environmentally. Besides there are a lot of us who want to continue working here which might not be possible if the bond does not pass. Park City-City Council-unanimously endorses the regional sewage treatment and asks you to vote in favor of the sewer bond. V |