| Show I SLOT MACHINE LICENSING URGED URGED PLAN TO GET CASH FOR CITY IS ADVOCATED Is s Put Forward at Meeting of f Taxpayers on S. S L. L Fi Finance Fl Fi nance Dilemma ANSWERS MAYORS MAYOR'S QUERY Needed to Balance Money I Municipal Budget Indorsing The Telegrams Telegram's proposal to o license slot machines Blair Biair Richardson Rich ardson president of the tho Salt Lake Real Estate board Monday urged u the city Ity commission to provide for such taxes axes immediately as a means of ot balancing bal bat the Mr Richardsons Richardson's proposal was offered offered of ered Mayor Marcus during a a ameet meeting meeting meet meet- ing rig with representative taxpayers taxpayer on on oa the he city's financial condition in an answer answer anwer an- an to the mayors mayor's appeal for a sol solution tion ion to the dilemma Shall we raise raise the levy Mayor Marcus MarcU asked at the opening of the session or shall we assume we will will- have ave per cent tax collection 1 and nd I carry arry the deficit over until collected Mr Richardson replied with a ade de demand denand de I mand nand for immediate imm diate of slot machines s and so o called marble games to provide th the the city with needed revenue He frequently frequently- referred tc to and indorsed the licensing proposal o of The Telegram It lit may be political suicide for orthe forthe the members of the commission to try try-to license slot machines and punch boards Mr Richardson said butI but I urge that it be d done ne T FIGURE TOO roo LOW He referred to The Telegrams Telegram's esti estimate esti mate nate that could be poured into the Ithe city's coffers from slot machines and nd characterized the figure as too low DW He advocated immediate taxing tax of all 11 punch boards with a stamp tax of Jl 1 1 per board in addition to levying licenses ceases on slot machines and marble boards cards This licensing will determine once and nd for all the legality of ot this type of f racket he declared It will putI put I the ie burden of proving their legality upon pon the operators of the machines I whereas such burden now rests with tie the city Mr Richardson advocated the slot machine and punch board licenses immediately immediately im inn- mediately after Mayor Marcus had e C lamed the city's financial condition The he realtor vigorously opposed any ani increase in the general property t tax x levy evy vy WOULD BE DE SUICIDAL Such an increase would be sui- sui suicidal idal for the city at this time be he said aid The people cannot now get the noney money with which to pay their taxes md rid to raise the levy would mean less actual revenue than we are now get gel ting ing If there ever was a time to carryover carry vex over a deficit now is the time The city ity should look for more income and ceasing slot machines punch boards md and rid marble games is the way to do it Mayor Marcus said the city is faced with a possible deficit of ot atthe at athe he the ne end endo of this year If It tax collections are about 80 SO per cent nt as estimated the deficit will be beabout about out he said and if colle ions on are only 75 per cent the deficit v will vill ill be at least The city budget calls for expend expendi f- f tures ires f but additional money noney for the tho police and street de de- will bring total expenditures expendi- expendi tures ures ires to approximately the mayor nayor said while an 80 per cent tax collection would produce only 2652 2652 00 WOULD TAKE Mr Richardson pointed out that coordination co- co ordination of city and c county governments govern- govern ments would resl result t in considerable economy onomy but that this coordination could uld not be brought about until the passed the necessary necessary laws Upshot of the discussion was an as- as from Mayor Marcus tha that the city ity Ly tax levy will not be raised this year ear ar Following this the group au au- the appointment of ot a committee com com- o of five representative taxpayers ers rs S to confer with the city commis commis- ion sian in on suggested su sources of other venue revenue The resolution calling for the an anointment ape ap- ointment of the committee was adopted adopt adopt- ed d unanimously and was considered to 3 mean that The Telegrams Telegram's ion fl for for taxing slot machines and other ther wr devices devIces' will be followed The committee ommittee also will be asked to demine de de- mine termine ways was of obtaining money for fory city ity y streets state road corn com If there is any criticism of ot this thU procedure Mayor Marcus said in an an- the city's tax rate will not note be e raised we will ask you to standy standby stand by y it il S The rhe mayor maor then broached the ques- ques con Continued on an Pa Pace PLAN TO GET CASH FOR CITY IS ADVOCATED Continued From Prom Page Pace One tion of obtaining federal funds lunds for public works projects and for tor matching matching match match- matching ing this money with funds raised railed locally He pointed I out that thai 70 per cent of or funds obtained from the federal government government gov gay must be repaid If we borrow he explained ex cx we must provide for repayment repay repay- ment meat of on at least a 34 4 per percent percent cent basis During the discussion of the city's financial condition and proposals for obtaining revenue from new sources Mayor Marcus also proposed a 1 1 per percent percent percent cent city sal in addition to the state sales t tax x of or 2 per cent which is before the legislature The mayor expressed the opinion that thai the who attended the meeting were probably able to lo comment on p the sales tax lax proposal than were vere The suggestion however brought no response j a |
