OCR Text |
Show Total property levy here raises .39 mills The total property tax levy in Springville is 85.85 mills ($85.85 per $1000 assessed valuation) val-uation) this year, according to an analysis prepared by Utah Foundation, the private tax research re-search organization. The 1966 levy represents an increase of 0.30 mills from the 1965 levy of 85.85 mills. Accord Ac-cord to the study, the overall property tax levy in Springville has risen 11.9 since 1960, 22.7 since 1955, 59.4 since 1950, and 93.5 since 1940. The following shows the total levy in Springville since 1940. The year of 1940, mill levy was 44.36; 1950, 53.87; 1955, 69.95; 1960, 76.72; 1965, 85.55; 1966, 85.85. Approximately 62.7 of the total property tax levy in Springville for 1966 has been imposed for school purposes (state and local). The Utah Foundation analysis shows that 2.91 of the 1966 levy was for municipal purposes, 7.7 for county purposes, and 0.5 for special district purposes. The report indicates that the overall property tax levy in the 63 largest Utah municipalities this year averaged 85.72 mills ($85.72 per $1,000 assessed valuation). val-uation). Approximately 19.58 mills of this overall average levy was for municipal purposes, pur-poses, 51.72 mills for school purposes (including state school levy), 11.93 mills for county purposes, and 2.49 mills for special district purposes. |