Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1912-12-03
TAXES IN JERSEY
OVER S5O,OOO,OOO
One-fourth of Ratable Increase
Is Credited TO Essex
County.
IFrom a stnn Correrpondent.l

N SAAA
TRENTON, Dec, 3.-The total
amount of taxes to be raised in New
Jersey will this year for the first time
pass the $50, OoO.O 900 mark. The exact
figures are $50, sS4. 1924
These figures are disclosed in the
report of the State Board of Equal
ization of Taxes filed with Acting
Governor Prince today and in the
previous reports of the State Board Of
Assessors. This total of upwards Of
$50, 900, 900 includes IS, 73S, 40S.7S that
will be paid by the railroads, and
also the 81, 2S3, 659.65 that the public
utility corporations of the State will
pay in franchise taxes on their gross
receipts, but does not include the
States revenue from miscellaneous
corporations, collateral inheritance
tax or from the fees that are collect
ed by the various State departments.
The report of the State Board of
Equalization of Taxes shows that the
total amount of taxes tina Will be
collected by the various municipali-
ties In New Jersey this year will be
s44, 915, 493.0S, as against $40, LOG, O99.3S
last year.. The figures in both in
stances include the taxes on second
class railroad property, approximate
ly $4,000, 900, which are paid by the
railroads at the local rates and which
while 1t is first paid into the State
treasury is afterwards turned over to
the municipalities in which this sec
ond class railroad property is To-
Gated.
Grand Total of 5000 ,493.46.
When there is added to this total
$44, 915, 493.0S, the amount of taxes
which the railroads will pay upon
their main stem property for 1912,
namely, 81 1926, 34O. 70. and the $~1,263,-
$685. which the public utility cor
porations will pay in the shape of a
franchise tax. we have the grand
total of $50, 1924, 493. 46.
OF the taxes that Wall be collected
this year, $5,S57, 847.93 is State school
tax, $40, las. 169.03 is county taxNand
$28, 912, 476.1 is local tax. The amount
for these various purposes last year
were: State school tax, IS, 523, 663 .05i
county tax. 1888, 316.10, and local tax,
$26, 1874, 120.2 %. 1t will be noted thai In
the county and State school taxes
there is an increase this year in each
case of approximately 10 per cent, as
compared with last year. The in
creased county and local budgets are
provided for in two ways. One is an
increase in the ratables of the State
and the other Is an increase in the
tax rate in many of the taxing dis
tricts. The report of the State Board
of Equalization of Taxes shows an
increase in ratables of the State this
year of $123, 034, 1852. The increase in
ratables alone, without any increase
In the local tax rates, would provide
only about two-thirds of the add.
tional taxes to be paid by property
owners of New Jersey this year. The
| other one-third will be provided
| through increased tax rates. The
average tax rate in New Jersey this
year on each one hundred dollars is
81, 1851, as compared with 81, 1896 last.
No Recommendations.
The State Board of Equalization of
Taxes in it's report this year refrains
from making recommendations, except
to reiterate the recommendations of a
year ago. The board calls attention
to the fact that the subject of tax
administration is being investigated
by a commission provided for by last
winters Legislature, and the hope is
expressed hat the recommendations
Of this commission will receive serious
consideration. This special commits
sion is composed of President Jess, of
the State Board of Equalization, with
Senator Pierce, of Union county; As
semblyman McAllister, of Cumber-
land; A. c.. Pleydell, of Somerset, and
Thomas B. Usher, of Hudson, as the
other members.
In the tabulation of the ratables Of
the State the State Board of Equali-
cation shows that one-fourth of the
entire increase is to be credited to
Essex county. The increase for Es-
sex is $31, 521, 1853, and of this amount
the city of Newark supplied about
twenty million.