| Show I Increased Pro Property pert yO Values Allow Allow n i vl fin i I City to Chop Three Mills From Levy I The Moab City Council Tuesday Tuesday Tuesday Tues Tues- day night passed a n resolution reducing the city's mill levy on assessed property from the 1960 figure of 2375 mills to 2075 mills for 1961 1901 Total revenues received from the reduced levy however will willbe willbe be almost as much as ns was raised last year with the higher levy due to an Increase In value of city property The unanimous council vote came after a n lengthy dIscussion discussion discus dIscus- sion slon of changes in assessed property valuations and future budget plans According to figures received ed by the city from the office of the Grand County Assessor Assess r the assessed valuation for 1961 1001 within the City of Moab has increased over 1960 1000 The Increased figure represents a Increase In Income to the tho city for or each mill levied The total assessed valuation valuation valuation tion for 1961 1001 Is which represents per mill levied on a per cent basis However a 90 per cent basis or is used to adjust for a normal amount of losses due to Inability of col col- lection On a per cent basis a total of should be brought Int othe city funds lunds by bythe bythe bythe the 2075 levy for 1901 19 At a alevy alevy alevy levy of 2375 In 1960 1900 a sum of was brought Into the city if figured on a per percent percent r cent basis Therefore there will only oe DC a 97 revenue decrease between between be be- tween 1960 and 1901 1961 even oven though thou the the- mill levy will be bo reduced re- re reduced reduced re re- by three mills According to City Administrator Administrator Darrell Reardon certain certaIn certain tain portions of the levy are arc pointed pin-pointed for special uses One of the mills Is directed Into the Special Guarantee Fund This fund is used only to guarantee city payments on special Improvement district costs I Three quarters of one mill is set aside nade for recreation uses The remaining levy Income is deposited In the city's gen genn general general eral crab fund The levy Income amounts to 30 per cent of the I Cf total general genera fund income which this year Is Js The Income is 20 per r cent of ot the overall O thousand city budget Figures from the fhe County Assessor Assessor Assessor As As- sessor and the State Tax Commission Commission Com Com- mission show that the valuation valuation tion increases come from two areas The state reports an in increased Increased Increased In- In creased valuation of thousand in Utilities and the county reports an Increase of thousand In personal and real property in the city Other than the Income from from the property levy the city gains the great majority of ot its Income from the state collected collect collect- ed city sales tax which amounts amounts amounts am am- to one half per cent of sales in the city of Moab and from the one-half one of one percent per percent percent cent Moab gross license tax collected by the city Future Water Plans Consulting City Engineer Davis Davis Da Da- Da vis C. C Holder presented to the city council Tuesday the preliminary pre pro plans for the development development development devel devel- of Somerville number three The plan Included the erection erection tion of a million gallon storage storage storage stor stor- age tank and transmission lines to bring the water the present city system Also In Included Included tn In- were plans for upgrading ing parts of the present water system to handle a greater water load The upgrading would entail the replacement of some of the tile 10 Inch water mains with 16 inch lines The plans were accepted by bythe bythe bythe the city but no further action was taken Although costs for the prelimInary preliminary preliminary pre pre- planning will be paid by the Federal Housing and Home Finance Administration the planning costs will hove tobe to toy be repaid to if it the city I decides to complete the project project pro pro- and gains approval of ot the the- do so o 0 The council did not decide decIde- whether it Is in favor of completing completing com com- the project However if a favorable decision is forthcoming forth forth- forthcoming coming it will be centered around a water bond Issue which will be necessary to support support sup sup- port the project The has not approved ed the plans but it is expected that the plans will be accepted accept accept- ed without trouble The council discussed extensively extensively ex ex- with Mr Yr Holder all aU possibilities of future water projects but no immediate efforts efforts ef ef- ef forts were decided upon New Inspector The city council in Tuesdays Tuesday's Tues d days day's ys y's meeting meeting- approved the hiring of Charles Cunningham of Moab as new building and sanitation Inspector for the city and count Mr Cunningham who has bas served previously In this capacity capacity cap cap- replaces Vernon Vemon McGowan McGow McGow- an who left the post July 6 6 |
