Show ST STATE A NOW FACES DEFICIT William Bailey I secretary c of the state t i aUg b board of equalization and assessment SI reports that there will be a deficiency of ot about in state revenues all taxes ar are collected ted under the tho assessed I valuation of property for 1920 The total estimated valuation this year eal ear according I t to secretary e Bailey is between tolli tOd od and f o. o To raise the amount required 1 to carry I the general fund fOnd over It is hi stated would require an assessed valuation In in- inthe the state I about 5 50 per cent higher I r than the amount m I r which the assessment s s will reach t this year A blanket raise of 50 Oo per cent dent raise on all property in the state t being f l ei out of the question Mr Bailey says ys the of figures the h S situation rno given illustrate Il which e eth th the the state seriousness I i is facing fading fad fac ing |