Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-08-28
TAX RATE IS
GUT DOWN
TO $3.50
OWING TO INCREASE IN PROP
ERTY A REDUCTION WAS
MADE TUESDAY BY GAMBLER
AND WRIGHT.

Property holders in Georgia will pay
tax at the rate of $3.50 on the $1,000 this
year. The rate was fixed Tuesday by
Governor Gambler and Comptroller GEN
eral Wright. The Journal told more than
a week ago that the rate would be the
one agreed on at that time
After going over the figures of Comp
troller General Wright that morning II
was decided that IA cents on the thousand
could be taken from the rate of last year,
making the rate for this year $780, The
reduction was much lower than was ex-
pected even by the officials who fixed the
rate The new rate is based on the in
crease in property values of $40, 79O,5lO over
last year.
The following is the order issued to-
day which declares what the tax rate
should be:
EXECUTIVE DEPARTMENT.
ATLANTA, Ca. Aug. 20, 1902.
Pursuant to section l of the tax act OF
the general assembly. approved December
p. 1900. which requires the governor. with
the assistance Of the comptroller general,
to levy a percentage on the taxable prop
erty of this state sufficient to meet the
requirements thereof, not to exceed
certain per cent named therein, and after
approximating as nearly as pracucaDie
the amount of all taxable property in this
state as shown by the digest and other re-
turns. II is
Ordered. That 97-lOO mills be assessed
and collected upon the amounts or the
taxable property returned by or assessed
against each tax payer and upon the
value of all property in the state supJect
to taxation ad valorem, for general pur-
noses. and in addition to the 97-100 mills,
an extra percent OF PHO mills be assessed
andconected lin conformity with said act
providing for the support OF the COM
mon schools) upon the amount or taXaple
property returned by, or assessed agalnss
each tax payer, and upon the value Oh al
property in the state, subject to taXatloh
ad valorem. 1t is further 40 ,oo
.'Ordered, That in addition to the 29i-loO
mills and theN two and one-tenth mills
above ordered, an extra per cent or twen-
tv-three one liundredths OF one INIT
(S3-1O0) be assessed and collected TOT d
sinking fund, in conformity with the act
approved December -, 1900, TO retire ma
turing bonds of the state upon the
amount of the taxable property returned
bv or assessed against each taxpayer, and
upon the value of all property in the
state subject to taxation ad valorem.
The whole state tax hereby levied max
ing five and three-tenths mills for all
purposes for the year 1902.
ga D. GAMBLER, Governor.
"Wm A. WRIGHT, Comptroller Gen.
The total value of all the property In
Georgia as returned to the Office of Comp
trolier General Wright is S4S7,S45. 407. Last
year the total value of all property was
ss56 554, S97. At the rate of S5.44 on the $1,000
the revenue of the state from taxes last
year amounted TO $2.4S365S. At the rate of
$3.50 on the thousand this year, the reve-
nue. from taxes VIII be $2,476,9S0, or a
decrease. in revenue of $5727. Il
The amount. however viii be enough to
pay all the expenses of the state accord
ing to statements by Governor Gambler
and Comptroller General Wright.
When Governor Gambler went into office
four years ago the rate was 1921 on the
$1,000. 1t was the governors pledge when
he entered office that he would reduce the
tax rate, and within four years time with
a million more dollars to pay to public
schools and pensions than any other adj
ministration, the rate has been cut almost
one dollar on the thousand