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Show 'State Tax Costs Lowered for Year TVio o. "uicau ui tne census an-nounces an-nounces a summary of the financial statistics of the State of Utah for the I fiscal year ending June 30, 1932. The per capita figures for 1932 are based on an estimated population of 514,-000. 514,-000. These statistics were compiled by Mr. Chas. T. Prish i ' i Expenditures i The payments for operation and maintenance of the general depart-; depart-; ments of Utah amounted to $9,579 -279, or $18.64 per capita. This includes in-cludes $3,318,463, apportionments for education to the minor civil divisions divi-sions of the State. In 1931 the per capita for operation and maintenance mainten-ance of general departments was $19.53 and in 1917, $8.41. The interest in-terest on debt in 1932 amounW t.n $489,975 and outlays for permanent improvements, $3,730,285. The total payments, therefore, for operation and maintenance of general departments, depart-ments, interest, and outlays were $13,799,557. The totals include all payments for the year, whether made from current revenues or from the proceeds of bond issues. Of the governmental costs reported report-ed above, $5,324,772 was the highways, high-ways, $2,115,393 being for maintenance mainten-ance and $3,209,379 for construction. Revenues The total revenue receipts were $14,322,853, or $27.87 per capita. This was $4,253,581 more than- the total payments of the year, exclusive of the payments for permanent improvements, im-provements, and $523,296 more than the total payments including those for permanent improvements. This excess of revenue receipts is reflected reflect-ed in reduction of debt; also in purchase pur-chase of investments and increased cash balances, not shown in this summary. Property and special taxes represented 35.9 percent of the total revenue for 1932, 41.2 percent for 1931, and 59.5 percent for 1917. The incease in the amount of property prop-erty and special taxes collected was 108 percent from 1917 to 1932 but there was a decrease of 7.1 percent from 1931 to 1932. The per capita of property and special taxes collected col-lected was $10.01 in 1932, $10.84 in 1931, and $5.76 in 1917. Earnings of general departments, or compensation "for services rendered render-ed by State officials, renrespnt.prl R s percent of the total revenue for 1932 " 8.8 percent for 1931, and 7.5 percenl for 1917. Business and nonbusiness licenses j constituted 28.1 percent of the total revenue for 1932, 25.9 percent foi 1 1931, and 6.7 percent for 1917. 1 Receipts from business licenses r consist chiefly of taxes exacted from 7 j insurance and other incorporated c j companies, the cigarette tax and the 1 sales tax on gasoline, while those from nonbusiness licenses comprise ' chiefly taxes on motor vehicles and amounts paid for hunting and fish- ing privileges. The sales tax on gasoline gas-oline amounted to $2,552,954 in 1932 ' and $1,914,714 in 1931, an increase of 33.3 percent. Indebtedness The total funded or fixed debt outstanding out-standing June 30, 1932 was $10,525,-000. $10,525,-000. Of this amount $7,000,000 was for highways. The net indebtedness (funded or fixed debt less sinking fund assets) was $4,774,427, or $9.29 per capita. In 1931 the per capita net debt was $9.75 and in 1917, $6.32. Assessed Valuations and Tax Levies The assessed valuation of property in Utah subject to ad valorem taxation taxa-tion was $618,461,005; the amount of State taxes levied was $5,125,839; and the per capita levy, $9.97. In 1931 the per capita levy was $10.42 and in 1917, $6.98. |
