Salt Lake Telegram | 1906-07-27 | Page 4 | Tax Rate One Mill Higher

TAX RATE ONE MILL HIGHER Addition Necessary to Pro vide for Interest on Hit-lion-Dollar Water and Sewer Bond Issue. A tax rate of 13 mills for eity purposes wss determined upon by the Finance Committee Com-mittee of the Oty Council last night. This is a rsias of 1 mill ever ths tax rate of the present fiscal year, the raise being necessitated necessi-tated by the requirement of 140,000 to pay interest en the million dollars ef water snd ewer bonds. The levy as recommended by the committee, and which will probably be sdopted by the City Council next Monday, eonaists of the following items: Water fund 1V4 mills Sewer fund t.: H mills library fund la mills Contingent fund mills Street Fund mills Totals 1 ""'lis The levy ia based on an assessed vernation of property for 19pS of 141.189.628, aa reported re-ported by the County Auditor.