Salt Lake Telegram | 1937-05-01 | Page 3 | Special Taxes Nearing Records

SPECIAL.TAXES NEARINGRECORD Utah's special tea bill waa soaring soar-ing upward Saturday, as collections for the first 10 months of the current cur-rent fiscal year Beared the 18.000.000 mak and gave Indication that a new high of 110.000 000 or more will bava been set by the end of June. At close of business Fridey, the state had collected M.M7.148 71 since the fiscal year began Iaat July 1. The figure compares with 7.tlt,-237.M 7.tlt,-237.M in ths first 10 months af the preceding fiscal period. Ths greatest Increase In collections collec-tions waa In the individual Income and corporation franchise taxes, which have yielded 1.X).12S so fer this fiscal year, against t2.-lti.0t t2.-lti.0t in the same period of the preceding year. Gasoline taxes Increased from 12.-40t.21t.t7 12.-40t.21t.t7 to I2.tal.0c0.12 and the sales tax Jumped from 2Ji,27M7 ta 12.7M.702.&. Special tax collections In April, with April, IBM, flguree In parentheses, paren-theses, were: Income and corporation corpora-tion franchise, tM.Tll.t0 M2.1M 421 gasoline, 24.02S.tO lt221.Xi0.24): ales, 1301.7)1 29 (127132.11) total, J737.111 4 1.M)1M1S). Roydsn E. Weight chief accountant account-ant In Ihe stats sudltor's office, said a surplus of !43,5a2.fT exists In Ihe state district school fund. This sum will go to the state gea-oral gea-oral fund for reduction ef the property prop-erty tax levy, since tha full 126 per capita of school population already has been paid the state's CO die-trials die-trials from ths district school fund.