Salt Lake Telegram | 1931-07-27 | Page 9 | S. L. Tax Levy Estimated at 11.6-11.9 Mills

Sl TAX LEVY LEVYE E ESTIMATED AT MILLS Commission to Set Figures Tuesday Wednesday Valuations Valuations Val Vat Drop Salt Lake City's s tax levy this year year will be between mills and mills according to estimates being complied compiled Monday by City Auditor Samuel F F. F Nicholls The estimates will ill be presented to the cit city commission commis sion slon Tuesday or Wednesday when the tax levy is expected to be fixed by the commission The city levy y last year jear was mills In fixing the 1931 budget however the c commission realized It would probably bly face tace a decrease In ass assessed sed valuation this summer and based the budget on a levy of mills The decrease In valuation amounting to about Is even greater than anticipated When the loss of revenue caused by it Is considered with the natural loss In revenue from departmental fees ees It may become necessary to boost the theleY levy Y a half mill or a whole mill over the thc tentative rate for bud budget et making purposes Mr Nicholls said SA SAYING SAVING EXPECTED At a meeting of ot department heads last It was Indicated that savings can be effected on the re remaining remaining re- re portions of or this years year's bud bid get Mr Nicholls declared that if each department could save sa about 5 per cent of its remaining budget he was Vas confident it would not be necessary necessary necessary sary to increase this years year's levy above the estimated mills A saving of ot in the budget of ot the city legal department was In prospect when hen City Attorney Shirley P. P Jones told the commission that publication of ot the revised city ordinances ordinances ordinances nances could be delayed until next year and that 2300 saved already in hi Insurance premiums could cOUlet be re re- re funded Mayor John F. F Bowman said U. U t Continued on Page Sixteen S. S Sl L. L TAX lEVY LEW ESTIMATED AT 11 1119 1116 MillS Continued from Page Fate Nine Mine it might be possible to refund on oi the water department budget and Commissioner T. T T. T Burton l Indicated Indi md- that about could probably ably be saved on the street lighting budget Other savings were pointed out b by Finance Commissioner Charles N N. Fehr as follows 2600 in special auditors' auditors fees fec and in refunds from water main maln guarantee accounts ts FEES FALL SnORT SHOUT Decrease In departmental revenue estimates which were increased over Auditor Nicholls' Nicholls figures submitted when budgets were being made isone is isone isone one of oC the chief causes for the present present present pres pres- ent financial dilemma it was said In making the bud budgets ets it was estimated estimated estimated esti esti- mated that In revenue would accrue from departmental fees Cees Only has been collected thus far Mr Ml Nicholls said and it was be believed believed believed be- be the fees will wUl fall faU about short of oC the estimate by the end of ot the year eal S I