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Show SALT LAKE'S LEVY ABOUT TO BE SET SALT LAKE July 27 -A city tax of 114 or 11.6 mills will bt- paid by Salt Lakers. It became apparent Wednesday Wed-nesday afternoon with the adoption of the annual budget Inability of the c i t commissioners to agree upon the exact rate made it impossible to fix the levy Wednesday Another meeting is planned for today. to-day. If the 11 4 mill levy is adopted, the unappropriated surplus revenue Will amount to $17,772 23. The estimated esti-mated unappropriated surplus under a levy of 11.5 mills will be $36,-473. $36,-473. 23. Against a budget of $2,796,027 77. taj s derived from 11 1 mills rati will total $2,131,800. Miscellaneous revenue will bring this estimate to $2,931 800. but It is necessary' to deduct de-duct $1 IK, 000 in fixed charges These Include a $70,000 write-off because of Inability to collect taxes on the intangible in-tangible assets of the Utah-Idaho Sugar company, $3000 set aside as a bond reserve .and $40,000 in un-collertable un-collertable items and abatements. Lender Len-der the 11 1 mill rate the total available avail-able revenue Will hp $2. 813.800 compared com-pared with a budget Of $2,796,027.77. |