Show accountant reports on morgan power plant honorable mayor and city council morgan city utah gentlemen recently you requested us to advise you on the following two points 1 whether or not the operations of your municipal power plant had proven profitable to morgan city 2 how the tax levy of morgan city compares with other towns in utah in regard to the first subject the municipal power plant was built in 1 1933 the first two years the plant was operated at a loss for the years 1035 1935 until december 31 ina a profit was made each year at the end of 1945 the power plant which includes the distribution system shows a net value of 4 ai which the power department has earned except for taxes that were levied for the power department as follows IMS 1913 1944 and IMS 1945 making a total amount raised by taxation of a when this amount has been deducted from the which is the net value of the power department at december 31 it leaves i which is the amount the power department has earned for morgan city and should answer your question as to whether or not its operation has been profitable in regard to subject number twos two we listed the towns in utah having populations between go and 2000 according to the IWO census so that morgan cites levies might be compared with towns of approximately the same population we are submitting the list of 10 40 towns which fall within the classification mentioned with their respect vie levies for the years IMS 1945 and 1016 of this list of 10 0 one of which is morgan we find 24 that have levies greater than morgan city 2 that have the same bame levy and 13 that have a smaller levy we trust we have provided you with the information desired respectfully yours REEVES WOOD AND GARRETT by B F REEVES TAX LEVIES OF 1945 AND 1946 CITIES AND aind TOWNS population BETWEEN AND 2000 population 1940 levy levy census 1945 beaver blanding 1111 Cast castlegate legate ST 1 40 40 Co alville ma clearfield 1053 delta noite AS 1304 1301 duchesne iiii escalante nor fairview gaii 1314 farmington 1911 1211 fillmore 1785 fountain green oss garland Grants grantsville ville 1242 gunnison 1115 hiawatha 40 40 hoper 1300 80 80 hurricane 1524 1 huntington hyrum 1874 kanab I 1 2128 22 2 8 kaysville Kays ville 1211 lewiston 1804 1801 50 80 monroe 1292 morgan 1078 moroni 1359 milford I 1 1393 moab 1084 providence 1110 1120 panguitch itch 1079 1979 parowan carowan 1525 pleasant grove 1941 richmond 1131 roosevelt 1264 salina J baic sandy 1487 santaquin San 1297 spring city tremonton Tre monton 1443 1 7 ra wellsville 1402 14 |