Show UTAH SALES TAX REVENUE SOARS TO TWO MILLION Increase Seen as Sign of Better Trade Conditions 1 By OTTIS orrIS PETERSON Speed of turnover of oC money in Utah through sale of articles taxable tax tax- able able ble under the state sales tax law has as swung into high a report by bythe bythe the he state tax lax commission that sales saes tax ta revenue has exceeded indicated Thursday Total collections since July 1 1934 have been the tax ax commission reported Total collection collection col col- col lection during the 1933 34 period was Revenue from the sales tax during dur dun ing the first 17 days of April was the report said Total collections during the 30 days of ot April 1934 were 55 Total Pre Predicted Tax commission members predicted pre pre- pre pre- that the total revenue from the sales saes tax for the month 12 period ending June 30 1935 would be With the mark already passed in sales tax collections Utah's work of underwriting Its Us share of oC the federal emergency re rejet relief relief re- re lief jet program has been completed The revenue now may be used di directly directly directly di- di for the relief of oC persons who contribute to the states state's district school fund There remains but to be collected before the administrative administrative admin admin- fund for tor the sales tax is completed Then all aU remaining revenue revenue reve reve- nue will be diverted to the state district school fund Law Lan Changed Such diversion until the 25 school fund payment per pupil registered registered reg reg- in Utah schools is completed competed ed was provided for by the twenty- twenty first Utah legislature Formerly the excess above the re reHe relief relief re- re He lief requirement was given to the state to relieve the burden of property property prop prop- property erty taxpayers Since instituted bv by the state leg herr several years years ago tho the school fund paid to the districts has never amounted to the authorized authorized author author- 25 per pupil Payments during during dur dur- ing the current year have hav totaled about 22 and with the forthcoming ing r rev revenue v n e from the sales tax it is expected that payment this year will equal the designated amount More ore Spending Seen The report on sales tax receipts indicates that business has bas assumed a faster taster pace in Utah As the taxis tax taxis taxis is levied on almost all types of purchases purchases purchases pur pur- pur- pur chases interpreters of the report declared that are arc receiving greater individual incomes and spending ding a good portion of oC them Although the diversion of oC the excess of revenue above the relief requirement will not go for genera general proper property y tax relief as originally planned when the law was written ta taxpayers payers will receive relief It was pointed out The payment of almost the full 25 apportionment into the state district school fund will vill provide many districts with the means to cut their operating deficit for the current school year and thus re remove re- re remove move a liability from the district tax taC contributors |