Salt Lake Telegram | 1936-08-01 | Page 1 | Tax Reduction Promise Made Inboard Meet

AX REDUCTION ROMISE MADE JIN BOARD INBOARD MEET c Cut May Hit Hiti i v Between 35 and andI I 4 Mills With a de definite f. f promise 0 of f a of at least 2 mills flit t indications that the acal ac- ac f al t slash would total between L 15 5 and nd 4 mills the state tax mr convened at the thep p itoI ol Saturday afternoon to toc toi c i the 1936 property levy for fori forte i fate t te and state school purIO pur pur- poses IO est es s. s t Elimination of the general fund 1 lery in its entirety together with ith liable cut cutin in the district school leVy iy admittedly was a under consideration con con- by the commission Irwin Arnovitz commission chair chair- nin said that the levy may not note e announced ed until Monday Goal of the commission was re retorted re- re to be a state tax of oC 6 mills if jle leas leas' for this year as against 95 sills mills for 1935 This would mean a reduction of ot eo 50 M or mor-e mor more per 1000 of ot assessed to the Utah property own- own r ra bill for state and state school I Factors Studied i S Several veral j factors however however- were beare beere beere be- be ere are the commission fo for decision y ria-y to the setU setting g of OC the ivy vy and the extent of the relief to toi i accorded cord d to the Utah property this ye year r awaits their dee de- de e These factors it lt was explained Deluded th the proposed use of all or ort art t of the in revenue an- an from the the states state's liquor during the ensuing year This would be used as an offset to toie toie It ie general fund levy and together ith actual and estimated revenues this fund permit the elimination together of the property tax for forlis forlis 11 lis purpose l May la Use Ue Sales Tax Also AIso under consideration was the use by Governor Henry H. H load loDd of all or or a part of ot ted to him out of surplus des iles tax collections during the past o 0 years ears to reduce the levy for school purposes Should the commission decide to tomp limp mp the anticipated liquor revenue Lt ito the tax pot and the governor ree to use surplus surplus' sales tax col- col for benefit of the schools it as 55 pointed out the commission uld safely order a slash slain of 35 ills or more On the other hand if deemed best at It t to obligate liquor revenue beIre bere bere be- be re Ire it is collected and to reserve Le ie governors governor's' sales tax fund for forcIal iclal cIal se security and relief as a safe safe- Jard during the coming winter the auction ducton may be limited to 25 Ill ms ill with the offsetting factors beIg beg beig be- be ig g the surpluses no r no on hand InIe in ine inie ie e general fund and special tax nd As M the commission faced its task had before It the 1935 tax pic- pic ire based on an assessed on of ot taxable property in the state C r as compared this year ith and its l last t years year's vy of 95 mills split as follows 2 Z mills for the general fund 5 96 ills for lor or district school fund lund ilL nils for tor the school equalization md and 2 2 mill for high schools It t found general fund require require- i tents lenta after alter offsetting with a surplus made up of ot surpluses in 1 it district school fund last year II f d revenue from the income and levies to be I Counting upon in liquor I venue and approximately i I anticipated delinquent tax pay pay- tents during the ensuing year plus plu her er venue the commission und j that there would be a sizable In the general fund at the no d of ot June 30 1937 1931 and no need r f a general fund und property levy Tur Turning ing to the schools the com corn com lulon found it would be required raise rabe only for tor the dis- dis let by a Pr property Perty tax due the uie fact act that more than i t sales taxes in come and corporation franchise e and approximately In nd Interest and rentals were n le to offset the original re re- re of The he commission also found it to raise from a ool equalization levy This is 15 M d on the con constitutional provision LyIng th the school districts 5 5 this r t for r every school student from tram e property tax n The be last requirement the com com- if laced faced was WM a levying of a M t fixed by law for lor high y t