Parowan Times | 1933-10-27 | Page 8 | Utah Taxpayer Gives Bonded Debt of State

UTAH TAXPAYER GIVES BONDED DEBT OF STATE f there are 1 7 counties les C G school districts and 37 eales and towns in utah aai that have no bonded debt according to the october issue of 0 the utah taxpayer official offIc JaI organ ol of the utah taxpayers association since 1931 the connly bonded debt has fallen alien to the school district bonded debt has fallen from fl 1 Z to to but the cities and towns have increased their bonded debt from to in salt lake city the bonded debt has gone up tip nearly due in a large part to the installation ot of an improved nater system tho the total bonded debt in tho the state has increased since once 1930 tor for all cities and towns counties arid and school districts or from to 1 in 1930 tho the ratio 0 of bonded debt to assessed valuation atlon was 11 per cent in 1913 1933 it was pt pe cent the publication alao alaio points out cut that the present bonded det delt of 0 abe loite government io 1033 i 00 to 10 tora IT tha aggregate bonded deot debt on fungible property at this state Is 1 per cent of 0 the present assessed valuation the Tax taxpayer pays tribute to th tha rr lilic officials Y vo ho have set about ti ri reduce the L arb and to tay within their means Lc ailed tabulations on oil the bond if d debt of all the taxing units in the state are given which males makes the issue one or of extreme interest at a time when public finances ti nanci has aas become such a scenus problem