The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1891-11-10
RAILROADS And TAXES
Governor Abbett's Work
Bearing Excellent
Fruit.
GREATLY INCREASED REVENUES.
Local Districts Will Profit as Well
as the State-JerseY City
and Hudson In
terested.
GREATLY INCREASED REVENUES.

TRENTON. Nov. 10, 1S91.-The taxation
of the several railroad corporations hav-
ing their terminal in New Jersey keeps
apace with the growing demands OF the
State Government. The State Board of
Assessors have just prepared their re-
turns of assessment to the State Comp
troller, and they have raised the grand
total to 81, ,205. The State will get of
this grand total Sl.O50 234 for its own
use, the other $37s.9s0 goes to the
taxing district. The tax is levied
this year and collected next. 1t is
substantial raise over the
assessment of last year. The railroads
keep New Jersey from having a direct
tax. Last year they were assessed to pay
S1010,530 This was a trife less than the
81, 1888, 77S it cost to keep the State machin-
ery moving according TO the State Comp
troller's estimate. Political effect Will
have something to do with keeping the
estimate for 1892 to point within favor
able comparison with the $l,050. .224, that
the railroads will be asked to pay into the
States strong box.
The Pennsylvania Railroad has 706, $50
miles of railroad. Its aggregate valu-
alton last year, that is, assessed in 1890.
for taxes collected in 1891, was $50, 845, ,4OS.
This year that valuation is raised to
$62, ,4S9, 233. The increase in State tax is
from $304 ,227 last year to S312, ,446 this
year. The taxing districts get an increase
from $685. 1888 to $93,277. The total tax last
year was 1892, 800; this year it is 405, ,923
This increase is due to the new depot at
Jersey City.
The Central Railroad of New Jersey has
423, 374 miles of road. Its aggregate valu-
alton last year was $44, 118, ,453 and the in
crease this year Is not striking because of
few changes. The amount this year Is
$44, ,799. $40. The tax for State use was
$223, 500 against 1920, ,592 last year. For the
use of the taxing districts SIC, 433, against
SIS 031.
The total tax is fixed at $500. .432; an In
crease of less than five thousand dollars.
The Philadelphia and Reading system
has 1l6. S56 miles of road in the State, from
the Delaware bridge at Trenton to Bound
Brook Its aggregate valuation Is $7,373,-
159, which Is somewhat greater than it
was last year. The amount assessed in
the former report was Sc 3Sl, 1913. The
State gets of this amount $86, 1865 and in-
crease over S31 ,909 and the local taxing
districts So, $50, an increase over 2,254.
| The total lax is $39.6S6, compared with
| $34, 1854 last year.
The New York, Lake Erie and weste rn
Railroad system has only 80, 1888 miles in
the State which is taxable. II is, how
| ever very valuable compared with the
| terminals of other roads. Last year its
aggregate valuation, as fixed by the
| Board. was $14 100, 769; this year they
raise it to $15, 5,317, ,176. The total tax is
| s121,3l9 significant raise over $114 519
collected last year. The State gets $76,5S5
and the local taxing districts $44. 733, an
| increase of $4,000 for the State.
| The Delaware. Lackawanna and West
ern Railroad system is assessed this yea r
| with $50, ,265, ,553, and last year it was S3S.-
| no fnf ny 10 SOfQ TSO Qnn In
| 1890 it was $685. 482. The State gets $780,
327, against $194,902 last year. and the
| local taxing district gets $72,422, an in
crease over $43,915 Of last year.
The New York, Susquahanna and
Western Railroad system has Sc, 7S9. .O46
estate and personal property, slight in
crease over last year. The total tax is
| S29. .42O against SOS, ,S72 in 1890. The State
gets $38, ,695; local taxing district. S7S5.
This corporation has 127, ,230 miles of road
| In the State.
The Lehigh Valley Railroad hasI 1s7.-
037 miles, and It's aggregate assessment is
$17, lois, OBS The total tax Is Sl25, ,S41, an
increase over the Sill, 93S OF last year.
The State gets $S7 ,552 and the local tax
ing districts $38, ,2SS. The State gets an in
o rease of &c. 600.
The smaller unclassfied roads. whose
aggregate mileage reaches to 333,67S, are
assessed at $17, ,550374. There is a lai ge
increase noticed here. Last year they
were assessed at SIG. 1926 The total
tax is $l37,970. q jump from Sl05.ol9
of last year. The State will get
$S7, ,75l against $50. 545. and the tax
ing districts S50,218 against $24.474
In 1890. In 1890 the aggregate val
uations of all the railroads was 5000, 1906,
or tax for State uses, 1,0l0. $50; for tax
ing districts. $685., ,552;' total tax, Sl,349 0S2.
In 1891, collected in 1892, aggregate valua-
tions, S210, 044, ,945; tax for State uses,
$61, ,050, ,224 total tax. 81. 42y, ,205.