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Show 1 12 Brigham City, Urah BOX ELDER JOURNAL, Thursday, June 16, 1977 mk Howell community will hold reunion 18. HURRY TO HAMILTON DRUG a.m. to 6 p.m. to bring their own are asked Participants to and lunch picnic please inform family and a spokesman from the Box Elder friends, The hours will be !ss i Z Residents and former residents of Howell are invited to meet for a reunion at Snow Park in Brigham City for a day of fun together on Saturday, June g GIVING SERVICETSINC 10 AND DUY DAD A GIFT HE CAN USE county community said. Snow park is located on Main street at Fifth North. SPECIALS GOOD THRU JUNE 18TII Utah foundation says Utah financial state excellent Utahs financial condition is considered excellent despite the fact that state expenditures were slightly in excess of revenues last year. This evaluation was presented by Utah foundation, the private tax research organization, in an analysis of state revenue and expenditures for the 1976 fiscal year. According to the foundation report, Utah state revenue last year totaled $695,958,012, compared with general expenditures of $908,857,460. Excluded from these totals are revenues and expenditures from restricted grants for research and other purposes at Utah s colleges and universities and operating funds of the University of Utah hospital. The excess of state spending over state revenue in fiscal 1976 is accounted for mainly by the unusually large outlay for unemployment compensation payments. Unemployment benefit payments last year exceeded unemployment benefit revenue (employer taxes, federal contributions, and reserve fund earnings) by $16.4 million. Drew on Balances This deficiency was met by drawing on balances in the un- employment reserve fund which was established to guar- antee benefit payments during periods of high unemployment. Unemployment tax rate schedules have now been adjusted upward to preserve the adequacy of the unemployment reserve fund. Total state revenue rose by $162 million, or 22 percent last year. The foundation study points out that increased federal aid and higher tax yields resulting from continued inflation and economic growth were the major elements in this strong revenue growth. In addition, 1976 receipts were pushed up by the individual income tax hike authorized by the 1975 Utah legislature and by the recording of receipts charged during the previous year but not actually collected until after the start of the 1975-7- 6 fiscal year. More Than Half Taxes accounted for $505 million, or 56 percent of total revenue receipts last year. Federal aid (including federal revenue sharing funds) amounted to $304 million, or 34 percent of the state revenue total. The remaining $87 million resulted from tuition fees, charges for services, interest earnings, and other miscellaneous earnings. Except for fededral aid, the sales tax is the most productive revenue source for state government in Utah. Foundation analysts observe that last year it produced $195 million, or 22 percent of total state receipts. An additional $42 million was collected for local units of government, making the total state and local sales tax receipts in Utah equal to $237 million during the 1976 fiscal year. By comparison, total property taxes charged for local units of government in Utah amounted to $208 million. No property tax was imposed for state purposes. Educations Share report The foundation obser- ves that education accounted for $403 million, or 44 percent of all state spending in Utah. Included in this total was $144 million for higher education, $233 million for state aid to local schools, and $25 million for other educational purposes. In addition to these state expenditures for education, substantial amounts from locally-raise- d funds are spent on education. When all state and local spending for education in Utah amounted to $590 million last year. Because of the recent recession, total expenditures for unemployment benefits and employment security administration rose by nearly $24 million to $84 million during fiscal 1976. As noted, this unusually large outlay was met by drawing on reserve fund balances accumulated from taxes on employers for that purpose. Other major areas of state spending in Utah last year, as indicated by the foundation re$137 port, include highways $104 million; public welfare million; health and hospitals million, and natural re- million. It was emphasized that these expenditures are for state operations only and do not include disbursements by local units of government. sources quality chamois from Hamilton. are included, expenditures $34 49 Keep your car spotless Kith $32 RAC COMPLETE 'y f ROLLER VACUUM JACK! SERVICE owerful, compact, 0 3jSs Xl nAAA TUNE UP & g TEST KIT Compression tester, 4neH tach, timing Xlght, vacuum ipomp tester, leg. 31.95 Coffee Substitutes Black and green teas, hot chocolate, bouillon, consomme and several commercial hot breakfast drinks mostly made of grain roasts are becoming economically popular when compared to coffee Big spenders have another option: ginseng tea. a favorite of upper-clas- s Asians, sells for about $150 a pound. pwjywM iipiNVWwag PRSPg iC STAR BRITE CAR CAMPERVAN POLISH EXTENT10N AIR FILTERS most S 38 i If You Are Between and 21 . . . . . . BRUSH MICRO GUARD g99 1" ctotri iMg ntotfe to $7" 16 Ret 7.0$ out of work out of school OF OPTIONS Your AT YOUR 249 FILTERS Cleans shines protects. 16 oi. Reg. 3.49 V A .42 YOURE NOT OUT See Oil & JOB CORPS Screener NEAREST JOB SERVICE OFFICE Learn a Skill Earn a High School Diploma CREEPER Easier car MWtlMNC rtk JOB y SERVICE i cCZ UlMUIPMTMXTn LMtVJYMLM SICURIIY Dm cnfr. Rtf. 9.09 Is! I |