Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1901-04-11
STATE REVENUE THIS YEAR
General Taxes Should Bring IN Over
Sl,4OO,OOO.

General Taxes should BRING IN over
SI,4OO,OOO.
Des Moines, April 5.-From the re-
turns certified to the auditor of state
by the county auditors it is computed
the amount of state tax authorized to
be raised for the general revenue
fund by the levy made In 1900 and
collectable this year is $1,4o4, s2S.37
This will be the proceeds from levy
of 80 mills on the total assessed Yalu'
alton of the counties. not considering
taxes that are delinquent.
In the enactment regarding the
general levy for state purposes, the
legislature in 1900 fixed the amount
to be raised for general state pur-
poses at $1,400,000. While the eNecu-
| tive council fixed on the levy neces-
sary to raise this sum, it was figured
out in the revenue department of the
auditors Office what the levy should
be. The reports from the auditor
show that the rate was determined
with unusual accuracy, a levy of 20
mills coming within but $4,s2s.37 of
raising the exact amount required.
While the total of the amount the
county treasurers are authorized by
the county auditors to collect is ST.
404. s2S.37, it is to be borne in mind
that not all of this will be collected
From experience it is learned the
| state gets on an average of over
ninety-eight per cent of the amount
of the levy, the delinquent list being
less than two per cent. On the other
hand, the unsolicited tax will be off.
set by the amount of the collections
| of the tax ferrets. Hence it is com.
puted the state will receive this year
almost an even $1.400,000.
| In addition to the amount to be
raised for general state purposes
there is a levy of one-tenth of mill
for the state university and one-tenth
of a mill for the agricultural college
These levies will raise $54,031.91 for
each institution.
| In short time the matter of com
putting the levy to be fixed by the ex.
ecutive council this year, the proceeds
from which will be collected in 1902
will be taken up. On or before the
third Monday in June the county au
ditors are required to transmit to the
state auditor, abstracts of the assess
ment in their respective counties. The
second Monday in July the executive
council will meet as a board ot
equalization and equalize the assess
ments between the counties. Before
the first Monday in August the re
suits will have TO be certified back tc
the county auditors. The executive
council can then fix the rate of the
levy. The amount to be levied fol
general state purposes this year and
collected in 1902 is Si,500,0o0, or 500,
900 more than the amount to be
raised by the tax collections of the
year 1901.
This year a real estate assessment
is required by law. 1t is expected
there will be large increase in the
valuation of real and other property
and although the state will levy 500,
600 more general revenue, yet it is
believed a rate of &c mills, the same
as the rule now in force, will be suf
fcient. In the revenue department
of Auditor Merriam's Office, it is cal
culated it will not be necessary &c
raise the levy from the present rate
in order to get $1,500,O00 on the in
creased valuation of property. In
1899 the rate of the levy was 30 mills