The San Francisco call., 1905-06-25
CITY WILL GET
MORE REVENUE
Prospective Increase in As
sessment Roll May Net
Additional Sum of 100000
FIGURES NOT COMPLETE
Board Of Supervisors Will
Adopt Tax Rate of $1.16+
at It's Meeting To-Morrow

Assessor Dodge will turn over the
assessment roll for 1905 to the Board
OF Supervisors on Monday. July 3, and
expects to return an increased valua-
tion of nearly $50, 100000 above the as
sessment roll of last year. which to-
tailed the sum of $502, S92,4 The ex-
act amount of the assessed valuation
will not be known definitely until the
date named. Dodge will put his ex-
perts to work all day on the Sunday
! preceding the first Monday in July,
when he is required by law to submit
/ the roll to the Board of Supervisors,
which will then sit as Board OF
Equalization until the third Monday IN
July, when the roll will be approved,
after revision.
In compiling the assessment roll this
year Dodge was confronted with loss
of nearly S5,000,000 to begin with. Or
this amount S4,000,000 represents the
assessment on personal property hold
ings of 500 or less, which are exempt
ed, under a new law. from taxation.
The sum of approximately 100000 was
also lost in last years assessment on
national bank stock. which decision
of the Supreme Court exempts from
taxation. This Of itself reduces last
years figures to some S49S,o0O,O00.
IMPROVEMENT INCREASE ROLL.
The loss on small holdings will be
more than offset by new improvements,
the sum of nearly $20,000,00o having
been expended for new building opera
tions during 1904. Assessing these i'm
provements at so per cent or their
value would add S10,000,000 to the roll
on that item alone.
Last year showed an increase or a
/ O.
sessment OF 1903. Dodge. on July l.,
1904. returned an assessment roll OF
s511 .0o0,414, but after the Board Oh
EQUALIZATION revised the roll and some
| sc ,OOO, 900 was deducted, owing to clerl-
cal errors, the exact assessment was
placed at s502,S92,459. Deducting $5,-
100000 for small holdings and national
bank stocks, it is estimated that S2o,-
900 600 will be added to the roll of 1905,
/ including S1o,000.o0o on new improve
ments and about S10.000,00 on newly
discovered property and real estate in
/ creases. It is the opinion that after
the roll is revised by the Board OF
Equalization, which has the power to
cancel or reduce assessments. II Will
figure approximately s520.000.00O, and
may fall slightly below that amount.
taking the prospective delinquency into
consideration.
REVENUE Is LARGEH.
AS the municipal budget has. been
based on a total assessed valuation OF
S51O. 600. 600, the estimated $10,000.000
/ increase will give the city an additional
revenue of 100000 under the proposed
city tax rate of S1.164, of which 81 Is
for the running expenses of the city
including permanent improvements, ag-
gregating nearly s1,000,00O. II the
exact amount of the assessment roll
were known by next Monday, when the
charter requires the tax rate 10 DC
adopted, it would be possible TO reouce
the tax rate by nearly two cents, pre-
suming that the roll will figure S1O,-
0OO. 600 more than what the Supervisors
estimated municipal expenditures upon
The tax rate will be adopted at to-mor-
rows meeting of the Board OF super
visors after Dodge has given an esu-
mate of what the total roll VIII be.