Salt Lake Telegram | 1936-03-02 | Page 6 | Sale Tax Yield Hits $4,500,000

SAtE SALE TAX YIELD HITS 0 4 Sales tax poured four tour and nd one half million dollars into Utah's utis relief expenditures In the one half period end- end r tow and year 1935 December 31 According t to a report Monday from the state department of at public welfare expenditures out of ot sales eales tax ax revenues totaled irom from June 1 1933 to December 31 1935 O Of that amount was was allocated to the 2 counties to tov tod d v JI match federal funds for direct re re- re lief for tor Building The The state building program re received received re- re the next largest allo allotment ent- ent plus for tor inter interest st on bonds Federal funds added to this sum brought the total to Relief expenditures s during the three calendar years in which sales tax money moncy has been available were 1933 1934 ind 1935 Revenue from other sources notably notably nota nota- bly bI the tho beer production tax accounted accounted accounted ac ac- ac- ac counted for far last years year's expenditures exceeding allowed by law Beer Taxes Mount v The sales tax law w provides provide that the first collected during the fiscal year shall be used for tor re relie relief xe- xe lie lief purposes Amounts in excess of ot the and collection costs shall then be used to make makeup makeup makeup up school funds deficiencies reduce property tax ax levies and the tho balance accrue to the governor as a reserve for balancing the state general fund budget Th There Thero re was wu no excess excess excess-at at the tho end of the thO 1933 34 fiscal year but the cl dose close se o of 35 1934 fiscal year saw an aness excess ess allotted as follows to the governor for tor the general fund budget get toward a deficiency deficiency deficiency In the state stat school equalization tion fund and to the district dietrict district dis die school fund for reduction of the property properly tax levy