| Show STATE MUST CUT GENERAL SCHOOL LEVIES THIS YEAR A total of has been turn inn ed over to state treasurer A N 3 christenson Chrls tonson by the state tax commission as tild the first drat apportionment of 0 income 1 tames to tho the state funds as provided by law of 0 this total 1 st 81 la 13 available tor for immediate expenditure while another goes into the general fund said and 34 98 is income and franchise tax receipts to be held until july 1 1 additional money is to bo be expected 1 from the two taxes some corporations have elected to pey their corporation tax in two installments about taxes paid under protest which may mean that some refunds will hayd to be made As a result or the income and corporation franchise taxes the states I 1 general fund tax levy which is ati ved by the state tax commission about august 1 must be reduced ehli reduction in the state general fund icay li vy will probably no liy amro re than C cents en cn the 1000 c rt t galation la Lation and the i ie e in ills district ly levy bout about a IF I 1 cents on each sto ars assessed essed A total ot of A 93 9 or three the amount apportioned to the lener generl gener 1 l al fund was turned over to the stats state i district school levy about r to the general fund Is isi front from the collection of tiling filing fees andi tha minimum corporation tax tor for which tile the law requires no redaction in the general fund tax levy deseret news |
