OCR Text |
Show tion of the local property tax goes to the state treasury where it is allocated among the school districts dis-tricts under the school equalization provisions. Sizeable contributions are received from the federal government, gov-ernment, usually to be expended for specific purposes, such as assisting as-sisting the welfare program; for road construction, public health or for education. Profits from the , liquor control commission, fishing and hunting licenses, fees received , at colleges or other public institutions, institu-tions, retirement contributions and the like also total large amounts. The tax commission's collections are about one-half the total true revenue reaching the state treasury. treas-ury. The unrestricted revenue to the general fund mentioned above is allocated by the legislature to many functions of state government. govern-ment. The junior & senior colleges and university depend heavily on appropriations from the general fund, which are supplemented by students' fees and aid from the federal government and other sources. One Tax Dollar In Every Six Goes To General Fund About one dollar in every six collected by the Utah State Tax Commission in the last fiscal year, or about $5.7 million, went to the state general fund, it was developed devel-oped in a study made by the commission com-mission in preparing data for its tenth biennial report. The remainder remaind-er of the $35.5 million collected went for roads, welfare and health, education, building construction, or was earmarked for various smaller smal-ler state funds, such as firemen's pensions, the motor vehicle anti-theft anti-theft laws, drivers' license administration, adminis-tration, and the like. The report will be printed this coming faU. The state has many sources of revenue in addition to the collection collec-tion of the tax commission. A por- |