The herald., 1912-10-10

| proceeds Oh this tax. there snail be
paIu 10y preference annually 10 the
! BOARD OF Liquidation OF the City Debt
| Tor Luc dement, OF the one Der cent lebI
LaN, "a sum equal to IuaL which salu
! IAN produced IN the year lglZ on IN,
! ScGTrGaTvG sources OF stat. r,N,nu. sill
! uaJyu WIIuIu the CITY limits. ana Inc
/ balance Oh the proceeds OF said sIN
mil tax shall 10 TO the almOuy fund
! OF the CitS.
! ). The TWO mill al valOrcm special
/ sewerage and water taN OF Luy civ
| OF New Orleans snail continue 10 be
| levied As lon. As required by law an
: the sources of state revenue. subject
! 10 an All vaIurcm taN
! .. In cas-" the referendum amend
mrHt submitted 20 the people at the
! same time iL!s amendment is submit
| ted pToyIdIu- "a way 10 relieve munI,i-
| paIiIIce from general PARISH taAss sub
! sccJ to an ubu-auon TO contribute tu
| certain funds. - adopted. then the DOW
| or 10 levy SIN mills OF 4d.litloual iaN.s
/ Is hereby granted 10 an p4rIsu,s ynftnp
! Tor such release to hy levied ON trnD-
! cTty outside OF the uuuI,IutIIfI,s 4nd
the bower to levy -lN mills nf .,Jji
/ JIuuaI IaNcs is hereby granted to each
! municipality SO rel,.is.d To- he LEVIED
| on the property wlruiu lis ,nrrnr.,fs
/ limits, tu, obllgatiou Of nm, Sfifa 80
| make CONDENSATION remaining ths
! same. Whether sand amrudtu.uI sb,I
/ be adopted OF not the poWtr TO levy
! the extra tax of siX mills Garshy
| granted to all muuiciualitics thai are
| now exempt from purish taN.s sb1lI
| remain undiSturbcd
! 10. And whether said amendment
! shall br adopted or moi a,inntad tGs
police Jurics OF the several marshes
ana the governing authorities Of cities
| ttnc Parish of orleans eNceptedD. and
! towns not subject to parish taxes shall
! levy and collect and turn over 10 us
! duly constituted school authorities nm
der the supervision and control OF the
! state Board of Education an amount
| equal To at least three-truths of the
| gross amount of adj valOrem taxes
which they levy and collect. provided
/ that such amount shall never be less
! in any parish or municipality than the
| greatest amount due from such parish
| or municipality to the school board
! from the constitutional three mill
| school al yaIorem tax collected for
! either the year 1911 or 1912 taking
! the year which yielded the highest
| amount Provided further. that cities
| and towns that are not exempt from
| the payment of parish taxes shall not
| be required to pay this ad valorem tax
| II il he already imposed by the parish
| authorities; provided further that this
| ad valoTem tax shall not be imposed
| to the maximum whenever the school
| board certiiies that Il smaller levy will
| meet the needs of the schools
IL. All property the taxation of
which is reserved to the State, except
| products of mines. of stone quarries, OF
gas wells. as we'll as ali other prop
empted from such taxation, shall con
| llnuG To De subject to SpeCtal
| now in force, and shall he liable to
| such special taxes as may be imposed
| by local, special districts and political
| subdivisions in the future in accord
ance with law; provided that no par
| Ish or Incorporated municipality shall
| levy "a special tax for the support OF
any purpose which IL is obligated to
| take care of out of its ordinary ALI
mony, until 1t shall nave first exhaust
ed its ordinary taxing power, upon an
| assessment of at least nifty per cent of
/
Ject to its taxing authority.
| II. Levee District taxes and forced
contributions shall continue TO be lev
led within each district on the
| sources OF State revenue situated in
each levee district, and all leyee taxes
and contributions shall be collected by
the shelf of each parish, under ex-
State tax collectors until June 30. 1916.
and thereafter by the collecting officer
OF the City of New Orleans
going sections s. ii ana ~. as TO IRON
| erty reserved for State revenue. shall
| be based on the assessment made by
the State Tax Commission for State
purposes, equaliZed annually by said
| Tax Commission in each parish or mu-
therein locally established.
Article TX.
|
| l. All revenues received by the State
| from ali sources snail 20 INTO fund
called the General Fund. and the Cen
| eral Assembly shall apportion said fund
| among all the public purposes for
which taxation is levied. Setting aside.
however, each year. the following:
A. For the General Public School
| Fund not less than one-hfth of the
gross revenues of the State from all
sources provided that such apportion-
ment shall never be less than One Mil
| lion and Thirty Thousand Dollars ($l,-
tJO.O0).
Il. For the General Engineer Fund
Dollars ($4OO. OOOOO).
less than the amount provided or to be
provided by the Constitution
ID. For the Good Roads Fund, not
less than One Hundred Fifty Thousand
proceeds of the States moiety of the
special automobile. taxicab and auto
r. For the Public Debt Fund not
Thousand Dollars S525,OOO.O0) or not
Iess than SIX hundred and Fifty Thou
Sah9 pollars tS65O,OOOO0), N the Pub
nc Dept amendment submitted 10 the
people at the same time this amend
heht Is submitted is adopted.
Article y.
All STATE taxes and licenses ex-
cept as hereinafter provided shall be
corrected by the state treasurer. The
neheraI Assembly shall, provide such
addl.lonaI clerical force in the Treas
urer 0ilce as may De necessary to
ha los