The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-11-05

AYE" except Councilman Navin. who be-
neved the levy should be two mills higher.
The council at once adjourned after the
passage OF the ordinances.
The hlet seven mills are to be raised on
property within the present city limits and
the additional two mills on property in the
Old limits. the latter, on account of the
Seattle water works and sewer bonds OF
lsW and the Seattle funding bonds Of 1891
and 1888. first series. the debt having been
contracted prior to the annexation OF the
territory embraced In the new city limits
The first seven mills will be- distributed as
follows:
For the general fund. 4 mills.
For the condemnation award bonds of
1s9s, interest fund, three-tenths of a mill
For the Judgment bonds Of 1892. interest
fund. four-tenths of mil.
For the general bonds OF 1892. interest
fund. three-tenths OF a mill.
For the sewer bonds OF 1892 interest fund,
three-tcnthE Of a mill.
For the water bonds Of 1892. interest fund.
three-tenths OF mill.
For the funding bonds OF 1888 second Sc
ries. interest fund. eight-tenths of a mill.
For the sewer tunnel bonds OF 1885, inter-
est fund. two-tenths of a mill.
For the sewer bonds Of 1880. interest
fund, four-tenths OF a mill
The additional two mills will be given
to thu following funds:
For the Seattle water works and sewer
bonds OF 1880 interest fund. 10 mills.
For the funding bonds of 1884, interest
fund, six-tenths of mill
For the funding bonds OF isa3 first series,
"a
The rate for general expenses, fixed at
Z mills. Is the lowest levy made for this
fund since the year 1891 In 1892 the levy
Tor general purposes was 9i-io mills on al,
assessed valuation Of ss3 ~i9. 7ls and pro-
duced the sum OF SOS. 500 II This levy OF
: mills. jus, made. upon an assessed vaiua-
In addition 10 this a levy OF mills is made
on thu Old limits and of 3 mills on the new
limits In order to raise the amour, required
to pay tho annual interest on the s.. asD. 90
bonded debt Of the CITY.
steady Reduction in Taxes.
The city administration points with nr,de
To the fact that In 1889 Il required a lew
OF KEN S4. = Tor the operating expenses OF
3ias. s. is found sufflcient for the same
purpose. In other words reduction OF
- from the figures OF 1892
me city comptroller and city council.
In estimating the levy. took into consider
alton the large de.nquen, tax collections
which have paced the funds OF the city
for several years. and determined To give
the tax payers the fun benefit Of this i'm
proved condition
The levy for King county has been re-
duced from II mits - 10 mills: the levy of
scaoo! district No. has been increased
from "a TO ga mills. the city levy ha.
been; decreased from II mills 10 9 mis-, the
total rate VIII therefore lie - 5-Io mills or
ss-5A or each sl.eo Of the assessed yalaa-
zion N that part u the city known as the
Cd limits and ~ $40 mills or s1so. on
new iimstA
Not n Political Tax
This Is no; a political tax levy" sals
Csty Comptroller Parry last evening '.ft i
straight business propcxss ION 20 levy INA.
sufficient revenue 10 carry on the affairs
% the cisy In progressive Vet economical
manner during the year lsse This sun, is
ample for al tho requirements of an e<~sao-
InfcAl administration and z yes the taxpay-
era The benefit of the improves. condition az
the treasury caused BY the more liberal
payment Of taxes ara the settlement OF a
Large amount of delinquent taxes
Tie TAX levy o. TIE city has been de-
crea ssd every year ssnca INA "a wfll Is $50,
BY the following figures
General Interest Total
Total levy FOR
Total levy for
is<s :. ,ss.ase1 @zsoaass - oyT. 50
Total levy Ter
lsss -. !. *s,scG iGrssa mxssG
Tcss. Levy for
1871. 81. .- iss.s70a i-ssAis - 10 y,
Total levy For
tS@ss -. .. d. -. aHS lSs ss3 70 asa!sls
4 have made a caref& study Of the re-
ports % neatly ssysxy city in TIE I-ritass
States and I know u 10 city OF the pops-
sAsion o. &xe Of seattle taAt has - low IN