Show TATE BOARD LEVY LEVI ITO io 0 96 MILLS i ii i General Property Tax for 1933 Is Increased by byN Mills 14 N Tax Yx ridden Tuesday Tu day faced the he he gloomy prospects of digging morer more r d deeply d ply Into their pocketbooks when dIe tax commission boosted the U Ie ie e state general property tax levy mills t to U 96 mills for 1933 Translated into dollars and cents that Utah homeowner homeowner home home- the fe levy means every owner corner farmer or other real property owner will turn over to the state UI J 60 for every 1000 of assessed Uon on The levy for 1932 was Bills 1933 1833 levy y fixed for the sup sup- support port rt of state government and state a school schooT hoob was based o on a total assessed Valuation of taxable property pr perty in Utah of O. O including approximately approximately in anticipated future fu fu- tire hire increases in property values in inthe inthe he the ensuing year i The commission also explained it expected delinquencies to be offset considerably because of tax relief reller measure enact enacted d by the legislature during the regular lowering Interest rates and penalties es on redemptions redemptions re and the payment of premiums pre pre- I Mums on prompt remittances I DIVISION OF LEVY for 1933 divided i Ibe e levy y was as follows General fund 23 mills one one- tenth of a mill less than the maximum maxi maxi- mum hum allowed by law high schools 2 nUli mill mm a statutory levy y district schools mills milli and school equalization doubled d by law this year 56 mill I I j The The 8 null mill mill 6 Ie levy for tor 1932 was di di- V as follows General fund 23 mills milia high schools 2 r mill nt I schools 57 5 1 mills and equalization 26 milL Th The commission n disregarded the ther r states state's actual a accessed essed valuation o of in fixing axing the levy and chose the higher figure of it was explained in the hope Utah's tax history will repeat itself Commissioner R. R E. E Hammond pointed out that in past years addi- addi assessments have been report reported ed by counties after the books were closed raising g the total assessed valuation valuation atlon of the state by more than 2 2 Additional assessments consist con consist consist con con- of livestock moving into the state merchandise purchased after first reports reports' re re- reports ports ports' were made and new buildings not previously reported II CA CAUSES USES OF INCREASE Major factors for the increased levy this his year it was pointed out were the he decreased assessed valuation n oi of the he state which fell approximately during the year and the statutory requirement which doubled the he school equalization levy this year ear The 1931 statutes provided for levy ing ng a tax to raise 1 per capita of school chool population in 1932 2 per capita capita cap- cap ita ta in 1933 3 per capita in 1934 4 in m 1935 1935 5 in 1936 and each year jear there after Doubling the 1932 levy for this pur pur- purpose purpose pose ose resulted in m a 52 mill mill tax for 1933 but the lowered valuation of the state tale forced the commission to add dd an additional 4 mill to raise the required 2 2 for each school child in the state Decrease in the states state's valuation also Iso is reflected in the higher 1933 levy for district sch school ol purposes The school chool tax was WM also enacted in 1931 and nd requires the commission to levy levyn an n annual tax sufficient to raise 25 per er capita of the states state's school lation Total increase of 1101 mills in the 1933 levy is represented by the mill 3 increase in the equalization levy and the increase of 8 84 1 mill mm in the district school chool tax INCOME TAX HELPS Had it not been for revenue from the he state income tax commissioners rs explained the levy would have been within a few hundredths of a mill of ofle the le l mIll 10 estimate ma made unofficially some ome time ago and based on an estimated est esti mated 8 assessed essed valuation of ot The income tax netted the state slate approximately ap ap- proximately y from which the general jeneral fund received and the district school fund result result- result result-I In ng in M a mUl mill cut cul in the tax for this his state function Notice of the fixing of the 1933 state levy evy was mailed to auditors of all Utah counties Tuesday with the reminder reminder reminder re re- re- re minder that the taxes will become delinquent November 30 On showIng show show- ing ng of ot good cause the county commissioners commis commis- loners have the power to extend the delinquent date three weeks J |