Salt Lake Telegram | 1925-05-12 | Page 2 | Tentative Budget May Cause Heavier Rate of Tax Levy

NT BUDGET VIA WAY AY Y CAUSE HEAVIER L RATE OF TAX LEVY Surplus of Points to Possible Increase of 02 Mill on Assessed Valuation of Salt Lake Property in 1924 n tentatively adopting the Salt Lake Lale city budget for 1925 the commission Tuesday voted that a surplus between authorized res and revenues re of ot shall shaU be created even though ax X levy y has t to be increased two-tenths two of a mill when the levy tod ed in J July uly as s adopted based L gast ast years year's assessed valuation ast years year's tax levy of ot mills iB Purposes gives an appal plus of f only and valuation In the city earls r is the same as it was last r will be necessary to Ine in- in e he tax levy this year to It to set b-set set up the surplus 1 vas as agreed to by the comon corn corn- on Should the valuation in Lake Cake City this year show a i lent t. t increase then this I Inn inthe in- in n 3 n a the levy would not have made ade t I otal budget allowances ances for fort t departments including the theta theta ta tain n Dell dam work for this f 99 which is less he total for last year If the t tain lil Dell dam work is elim- elim i lp I. The total estimated reve- reve for or this year ear on a basis of ers e rs r's assessed valuation anc and andrs andr's mrs egr's rs r's tax rate is howing a surplus under these Tons n of to make provision against o of this small sur- sur h nat t the commission agreed to tol l the levy in July sufficient sufficient- a surplus of led leil the assessed valuation is isS S Jo io necessitate a change In I Ix x evy y to produce the required IS Ito Commissioners are hoping assessed valuation will vill be bet I t no change in the levy to provide the de- de surplus plus