The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1912-10-04
GOPHER STATE TAX GUT
THREE-TENTHs Of MILL

St. Paul, September 26.-Minne-
sofas state tax levy this year will
be three-tenths of a mill less than
last year, owing to the increase of
taxable valuat lions from $1,212,000,-
900 in 1911 to $1,362,000,0O0 this
year, an increase of $150,000,000.
State Auditor Iverson today GER
titled to the various county audi
tors the new state levy of two and
thirty-fve one hundredths mills as
against two and sixty-five one hun
dredths mills last year. This re-
duced levy will produce about ST.
100000 for the revenue fund, the
same as last year.
Some Reductions Made.
The reductions are made in the
general revenue fund.-, the univer-
sity campus fund and the prison
building fund. The levy, as com.
pared with last year, is apportioned
as follows:
Revenue fund ....... .OO19 .O017
Soldiers relief fund. .O001 .0001
Roads and bridges. .OOO25 .OO025
University campus :. .00015 .0O01
When Earnings Tax Is Due.
Auditor Iverson said:
The increases in the railroad
gross earnings tax from 4 to 5 per
cent, il ratified at the general cleo.
ton, will become operative January
1, 1913, but the first money from
such increased taxation will not be
paid into the state treasury until
September 1, 1913, which will cover
the earnings for the six months
ending June 80, 1913. Under the
proposed law railroad companies
will pay taxes to the state twice
year This will do away with
the annual borrowing to cover lean
periods in the state revenue fund.
The increase in rate of railroad
taxes will add nearly $1,O0O,OO0
year to the revenue fund and will
enable the legislature to materially
reduce the tax levy in the future
for revenue purposes.
The Other Levies.
1.-THE soldiers relief fund levy,
one-tenth of a mill, will produce
about $135.OOO; the road and bridge
levy of 25-10O of a mill will pro-
duce $33O,00O. At the coming cleo
ton the people will vote on a
proposition to increase the road and
bridge tax to one mill. If adopted,
it will hereafter produce an annual
fund of over $1,350,0O0. The uni
versity campus fund levy of one
tenth of a mill will produce about
$135, 900, and is the last levy to
raise the $1,O5O,OOO fund provided
hxr iclo
prison building fund levy of two
tenths of mill will produce about
$27O,O00, which is to care for $225,-
900 of the certificates outstanding
and the interest thereon. This levy
will continue for eight years more
under an act of the 1911 legisla.
ture.
"The total amount levied for
1913 for all these purposes is ap-
proximately 100000 less than for
1912. In addition to these amounts
the law requires an annual tax
levy of one mill for public schools.
which this year will produce about
$1,35O,00O and ,23-100 of a mill for
state university support, which will
produce about $4,000"
st. Paul, September 26.-The
three state insane hospitals and two
insane asylums spent $1,119,245.83
in the year ended July 81, accord
ing to figures being prepared by
Walter J. Smith, state treasurer, for
his annual report. The appropria-
tions for the five institutions were
81, 349,35853. The balance available
for the five places is $3.50, 11270.
The five normal colleges of the
state have spent $45S,534.53 for up
keep in the fiscal year ended July
81, the state treasurer's report will
show further. Appropriations for
the schools amounted to $552,688.03.
The balance, or funds yet at hand,
not including appropriations in
force August 1, is $94,153.50.
The itemized report for the five
normal schools shows appropria
lions and disbursements in respec-
tive order as follows: st. Cloud,
$173, 11O.26, $114,12O.39; Winona, 1884,
923.S8, $75,253.50; Mankato, $125,-
6S5.4O, $114,6SO.3S; Moorhead, $1O1.-
372,64, $92, 1929; Duluth, $67,595.S5,
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