Salt Lake Telegram | 1927-07-08 | Page 2 | Gasoline Tax Nets Utah $4,054,912 in Four Years

GASOLINE TAX NETS UTAH vr AH IN FOUR YEARS The gasoline tax netted the state in the four years year and five months ending May 31 1927 according to a report submitted submitted submitted sub sub- Friday The two and one half cent tax on a gallon of gaso guo- line was imposed in 1923 and was later Increased to three and one one- half cents a gallon The largest collection in taxes was in 1926 when flowed into the state treasury The figures by years since the imposition of the tax follow 1923 1924 1925 1926 To May 31 of this year the collection amounted to After the deduction for interest and sinking fund on bonds issued for state highways the combined tax collections and fees from motor vehicle registration are used for road purposes