The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-09-17
TAX LEVY FOR 1914
COUNTY, CITY, SCHOOL
COUNTY LEVY LOWER THAN
LAST YEAR, CITY AND SCHOOL
HIGHER THE REASONS.

of property In Shoshone county over
the year 1918 Of $1,750,272. combined
with decrease of 1881 or approxi-
mately 80 per cent In the amount of
state taxes resulted In the board of
county commissioners fixing the tax
levy for 1914 at $1.24 per 800 valua-
ton as against levy Of $1.40 for last
year. The total taxes under last years
levy amounted to $255,871 while under
the levy made yesterday. which is is
mills on the dollar less than the pre-
cedlng year, they amount to $248,332 or
1883 less than In 1918. This decrease
In the total taxes levied amounts to
less than one-half Of the decrease In
state taxes for the year. Shoshone
county's valuation for the year Is $780,
026,814 as against $18,276,542 last year
The levy for state purposes was fixed
at 20 mills on the dollar as against IS
mills last year or a decrease of Is
mills. The total levy for county pur-
poses amounts to $1.04 as against $1.05
last year, or a decrease Of only l cent
on the hundred. The county levy is
divided as follows: Current expense
IS mills as against IS mills last year;
school % mills, a decrease Of 2 mills;
road 90 mills, decrease Of mills; in
terest and sinking 20 mills, an increase
of mills.
The estimated current expenses for
the year are placed at $119.059 as
against $12l,755 last year, while the
estimated receipts applicable to this
fund are placed at $43.6l9, leaving
balance of $75.439 to be raised from
taxation. The estimated road expenses
are $66,500 as against $56000 last year
and the estimated receipts are $29.67S
leaving S35,S21 to be raised from taxes
Interest and sinking fund expenses are
placed at sS0.6s5, while the estimated
receipts are placed at $35,496. There
are $451SSof an original issue of $751;
900 court house and Jail bonds out
standing and which become optionally
payable next July. The county has al
ready redeemed and hold $31,5 of the
issue. The outstanding warrants
amount to $42.415 as against $33.96S
last year. Cash on hand is reported at
SAIL as against 1864 last year.
The City Levy.
The city council at Its regular session
last night fixed the tax levy for the city
at IA mills on the dollar as against IL
mil Ia OF hn oft 1t,a
based on last years totals was approx
mated at s2.40O,000. The principal
items entering into the increase of 2
mills over last year was the added ex-
pense of paving street intersections
and the completion of the concrete re-
tanning wall along the South Fork from
the library to Placer creek. The total
cost of the retaining wall as reported !
by Street Commissioner Strope was
s445O, or approximately $3.50 per lineal
foot. 1t required TIA barrels of cement
ind cost In labor $2423, lumber $50.
$3.50 and new concrete
mixer 1887
The School Levy.
The board of trustees OF the local
school district No. 8, fixed
he levy for school purposes last night
It mills as against mills last year,
he Increase in the levy being princi-
,ally due to the installation of furni-
ure and fixtures In the new high school
md gymnasium building. The valua-
ion Of property in the district last year
amounted to $2,794.422, which will pro-
,ably be increased to 100000 this
'ear owing to an approximate increase
# 10 per cent In the county's valua
ion. This would raise approximately
q 900 for the local district
Total Levy.
With levy of 1874 mills for state
nd county purposes. IA mills for city
nrposes, and 8 mills for the local
chool district. Wallace property own
rs will be required to pay total of I
"a mills on each dollar Of their valua-
ion and the total amount of taxes to
e raised for these purposes will APP
roximate 100000. The combined II,
,vies for 1913 were 80 mills upon c
'hich a total of $299,215 in taxes was
objected and making the aggregate y
mount of taxes levied for the present
ear $11, 900 greater than last.