Show TAX INCREASE INCREASE I UNNECESSARY LEADERS HOLD HOLDI I More Cash Available for City County and Schools I j Because each will have bave more sat stata t tax funds than last Jast year Salt Lak Lake City Salt Lake county and Salt Sait SaIt Lake City chool school district will have bave have no n need ed to increase th their lr tax levIes levies unless they increase their budgets It was vas announced Thursday after a conference at the capitol of t representatives representatives representatives of ot four tour branches of state government Attending the conference were IrwIn ArnovItz chairman of ot the tho state tax commission Tax Commissioners Commis- Commis J J. J Will Vill Knight and J. J Easton 1 i Deputy Attorneys General GeneralS S. S D. D Huff Huffaker ker and Grover A. A Giles T. T J. J MIdgley assistant state budget oll officer er and Roydon Weight chief accountant In the state auditors auditor's auditors auditor's auditors auditor's audi- audi tors tor's office Funds Funs are Studied The meeting was called to study stUdy funds that will be available for tor a 0 reduction in the state levy evy and other factors factora Influencing this v lem More than offsetting the the Salt Lake City school district will lose through the re reduction reduction re re- re In val valuation of or property Improvements Improvements improvements im Im- Im- Im throughout the state will be bo the 1 increase per school capita in th the state equalization fund and additional additions income through re redemption redemption re- re emption of delinquent property it was reported at the conference With unexpended during the last school year which should be available for this year and an estimated estimated estimated esti esti- mated increase In the equalization equalization equalization fund the school district was expected to have more available avail able this year than last More lore for County About more this year than 1 last should be available to the i county largely through a increase in valuation The city was expected to have havo more available this year than last Although the city will lose through the reduction i in Improvements valuation revenue revenue- 1 collected last year was over the budget budge it was reported The g figures were wera based on the assumption V tion that receipts for tor the ensuing V year would equal collections this year Answer Chamber Answering the chamber of ot coni com commerce commerce merce suggestion that with a 3 c 3 treasury surplus the levy for 3 state and state stale school purposes could be cut 5 or 6 mills instead of ot the tho promised 2 mills the conferees agreed that a surplus was was' available but the r pointed out that amount of at the reduction was undetermined because because because be- be cause of uncertainties in the tax situation including the tied up in supreme court litigation brought by the Ogden and Provo school districts over the property redemption receipts They stressed however that every dollar available for tax reduction was being taken into c consideration and that there was no need for concern concern concern con con- cern as the law prescribed the ac action action action ac- ac tion the tax commissioners must take and that the tax levy was determined de t by mathematical formula |