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Show Reduction Made In Stale And County Property Tan Levies 1912 Levy Will Clear County Of Bonded Indebtedness The Board of Iron County Commissioners Com-missioners Monday set the tax levy on all Iron county property at 7 mills. 16 mills less than the levy of 1941. Tills, together with a 2 mill reduction In the state general tax levy and a 1 mill reduction In the school distrxt levy, reduces the property owner's tax bill this year by 4.6 mills over what he paid dur- ' 111? 1Q41 The reduction In the county levy was made passible by a reduction of the levy to pay Indebtedness from 3.0 mills last year to .8 of a mill this year, and .2 of a mill In the levy for public welfare. Tills U a reduction of 2.4 mills, but a .3 of mill Increase was made in the county Indigent fund levy, a .1 of a mill Increase in the interest and sinking fund levy, and the addition of .4 of a mill for noxious weed control. The county Is In a remarkably fine condition In so far as bonded httebtedness is concerned, with only $9,000 in bonds outstanding. The 1942 levy will wipe off this $9,000 and leave the county entirely entire-ly clear from bonded debts. The levy for the county general fund was placed at 2.0 mills the same as last year, the hospital levy was left at .5 of a mill, the library levy at 3 of a mill, and the airports air-ports levy also left the same as last year, .2 of a mill. The indigent fund levy was raised from .1 mill to .4, and the Interest and sinking fund was Increased" from .5 to .6 mills. jr innuc iui luau jjuj poses, since the money received from the license plate fund Is sufficient suf-ficient for this purpose. The levy is based on a 90 percent per-cent collection on the present assessed as-sessed valuation of county property of $9,723,301. A one mill levy applied ap-plied on this valuation will raise $9,723.30 if a 100 percent collection Is made. Based on a 90 percent collection col-lection one mill will raise $8,750.97. The state general tax levy was set Monday by the state tax commission com-mission at 4.7 mills, two mills less tlian the 1941 6.7-mlll levy. This is a reduction of 29 percent In the tax levy and will be collected on an assessed valuation 5.6 percent higher than the 1941 assessment. The total assessed valuation . of all property In the state for taxation taxa-tion purposes this year Is $603,429,-452. $603,429,-452. This Is $34,973,588 higher than the $568,455,864 assessment placed on property In 1941. The general fund levy was eliminated elim-inated entirely this year, making a n-oucuon or .7 or a mill, the a-mount a-mount levied last year. The state district school levy was fixed ut 3.3 mills, a decrease of 1.2 mills from the 4 5-mlll levy In 1941. The high school fund levy of .2 mill- was lost year's figure also. Levy for the state school equalization equal-ization fund was decreased slightly. slight-ly. This will be 1.2 mills this year .compared with 1.3 mills last year. The Iron County School District levy was placed at 13 mills tl-Ls year as compared with 14 mills "last year, and the Cedar City levy remains re-mains at 25 mills, the same as last year. Thus the total tax levy on all property in Cedar City will be 49.7 mills this year ns compurel with 54 3 mills In 1941. The comparative figures r.re as follows: 1942 1941 State 4 7 mills 6 7 mills County 7.0 mills 8.6 mills School Dis 13 0 mills 14.0 mills Crdai- City 25.0 mills 25.0 mills Total 40.7 mills 54 J mills |
