Evening journal., 1905-05-26
TAX RATE WAS
FIXED At $3.50
amount Appropriated to Meet
Expenses Of the City Gov
ernment Is S775,55Ls5
PROPERTY ASSESSMENT Sll,986l287

City Council last night hxed the tax
rate for the ensuing year at $3.50 upon
each 800 OF assessment. 1t was expected
that this rate would be decided upon and
councils action came as no surprise
The expenses OF the city government FOR
the ensuing year were fixed at S25,55lS5
and this amount was appropriated. The
itemized amounts allotted for different
purposes win be found IN the expense
budget OF the report OF the finance COM
ihittee
The report Of the Board OF Revision,
Assessment and Appeals Of the assess
ment Of real estate for 1905 follows.
Total assessment for city pur-
poses. fun rate. .-... ............Si4,3S17 727
Al halt rate. s2.Els2s; fun rate. l28lisl
Total. ..... a.. ..............,....Si5, s9l
Total assessment for school pur-
poses q. ....,... .... ...4.,...... .SlS daa, l63
Half rate. sa.i7ls2s fun rate. l2slisa
rotai. .... %. o.. .sia9ss, ,2o7
In hxins the tax rate at $3.50 upon each
500 Of assessment the finance committee
in a supplemental report said
10 tho president and members OF Council;
ivntieme': Tic finance committee womd
respectfully call TO the attention OF the
i,ntcn The ntm OF si551la5 IN The cs-
rmated receipts for the ensuing nseal
ytar included ia which Is upwards of
$1,000 OF outstanding taxes. which are
due 10 business revorses. and great
amount OF which Is in process Of settle
mcnt m the courts, and which will un-
doubtedly be paid within a month. There
IS upwards OF 100000 due as outstanding
taxes. and IA view Of this amount and Of
the enorts now being put forth 70 collect
the same. we feel that we are thoroughly
justified IA recommending tho setting Of
the tax rate OF $3.50 upon each siOO OF as
ssssment
FULL REPORT or COMMITTEE.
The fun report OF the finance committee
follows;
We find the appropriations. IN the ag-
grcgate TO be seven hundred and twenty
i've thousand. i've hundred and nfty-one
dollars and thlrty-nve cents. 0725.55t S5) f;
the revenues from All sources other than
taxation upon real estate. 10 be seventy
four thousand, six hundredGn twenty
dollars and ninety-nve cents O462095D
leaving six handred and nfty thousand.
mine hundred and thirty dollars and forty
cents lse5oe0l lol. TO be raised by taxa
ton.
The total assessment for city purposes
Is forty-hve millions. six hundred and
twenty-four thousand eight hundred ana
ninety-one doilnrs 9i5 .e2i sei) The tax
rate iixtd on this amount az one dollar
Ci.o0 upon each one hundred dollars OF
assessment would yield four hundred and
ffty-si& thousand two hundred and forty
eight dollars and nnety-one cents (s56 e
2soi) nor
Tho total assessment for school pur-
poses Is forty-four millions. nine hundred
and thirfy-six thousand. two hundred and
nincty-seven dollars l4i.oS6 295) The tax
rate fixed on this assessment at fifty
cents ,5lc) upon each one hundred dollars
OF assessment would yield two hundred
and twenty-four thousand. six hundred
and eishty-one dollars and forty-nine
cents. G22Aea.do)
Amount realized from assess
ment for city purposes .... .si5s' is.al
Amount realized from assess
ment for school purposes ....... 22t6si.ia
Estimated receipts from other
sources ,.-,., ,...............,... Ne2os5