Show Ohio University Told About Utah Road Money Ohio State university Is making the tho study of ot highway financing through its department of ot economics econom econom- ics and has requested information from the state road commission as asto asto asto to how the money is raised in Utah to finance Improved roads Replying to the tho request the commission commission com corn mission says MyS State road bonds to the tho amount of have beep been Issued and expended The interest and sinking funds on these bonds prior to 1923 was paid from the motor motor motor mo mo- tor vehicle tax Beginning with May of this yea a cent 2 gasoline tax was put into effect and the motor vehicle tax reduced 60 per cent The funds from these two sources will now be used to pay off ott the state road bonds the unexpended balance to be used for maintenance Further as the state road bond issues havo have been expended there re remains remains re- re mains at present only two sources of funds for matching federal aid in construction and maintenance that thatis is the state road tax and county bonds the first named tax being levied by county commissioners varying from 2 to 2 to 3 mills the latter latter latter lat lat- lat lat- ter the maximum and this fund aggregates aggregates aggregates ag ag- ag- ag approximately per year From the bond issues by counties the funds are used for both county and state road construction this expenditure being about per year a as estimated |