Evening star., 1915-02-20
ASSESSED VALUATIONS
OVER us. ARE INCREASED
Public Indebtedness Also Has Gone
Upward, Bureau Of Cen
sus Shows.
Financial Situation in Entire Coun-
try for 1918 Is Revealed
by Bulletin. +,

of all property in the United States and
the District Of Columbia and increases
in the public indebtedness was shown
in 1913, compared with the figures of
1902. according to a bulletin on wealth,
debt and taxation in 1913, issued by the
bureau of the census today.
The assessed valuation of all prop
erty subject to ad valorem taxation in
1912 for the forty-eight states and the
District of Columbia is reported as
$50, ,452, 2,936.104. There was a constant
increase In assessed valuations from
1860 to 1912. except during the period
from 1860 to 1870. The most marked
increase was between 1902 and 1912, in
which period the assessed valuation of
all property increased S34,114,619,221,
or 96.5 per cent This increase was due
in part to changes in the bases of as
sessment In certain states, notably
Kansas and Ohio. The per capita as
sessed valuation of all property in
creased from s44s.33 in 1902 to s715.4S
in 1912, the increase being 59.S per
cent, while the average tax rate per
500 OF assessed valuation decreased
from s2.05 in 1902 to s1.94 in 1912, the
decrease being 5.4 per cent.
Ad Va1orem Tax Levies.
The total levies of ad valorem taxes
for all purposes in the United States as
whole for 1912 amounted to $685.
s41.o3s. and for 1902 to s724.736,53s. the
increase being s6.3 per cent.
The public indebtedness less sinking
fund assets and funds available for
payment of debt of the nation. the
states and all minor civil divisions of
to 81 shs qstsd s s
7o.9 per cent more than in 1902. Dur
ing the period from 1890 to 1902 the
total indebtedness increased APT per
cent The per capita Indebtedness in
creased 3s.S per cent and 1873 per cent,
mentioned.
The net indebtedness of the national
government increased 81 per cent from
1902 to 1913. and 1873 per cent from
in the population. the per capita net
debt increased 1873 per cent from 1902
to 1913, and 10.1 per cent from 1890 to
1902
State Debts Increase.
During the period 1902 to 1913 the
debt incurred by the forty-eight state
governments increased 44.5 per cent.
and the per capita debt increased 17.s
per cent From 1890 to 1902 the net in
debtedness of the states Increased 1873
creased 101 per cent.
The revenue receipts of the national
government in 1913 amounted TO $685.
596,637. OF this amount. sssS.220.519. or
93.1 per cent, was required for meeting
expenses and interest $64,3S0.33S, or 6.8
per cent, for outlays; leaving s995,7S0, or
0.1 per cent, for redemption of debt obli-
cations or increase of assets. Of the
total governmental cost payments, 629
per cent was for expenses of general de-
partments, 27.7 per cent for expenses of
public service enterprises, 81 per cent for
interest and 6.S per cent for outlays.
Revenue Receipts.
The revenue receipts of the forty-eight
state governments in 1913 amounted to
s367,5S5,331, showing per capita
amounting to $3.50. Taxes constituted
S1.7 per cent of such receipts, 56.4 per
cent being derived from property taxes,
0.S per cent from poll and occupation
taxes and 24.5 per cent from business and
non-business license taxes OF the total
revenue receipts, 909 per cent was re-
and 81 per cent was available for outlays
and other purposes. The governmental
cost payments amounted to S3S2,551 ,199,
which exceeded the revenue receipts by
s14.965,S6S, or 3.9 per cent. The per
capita governmental cost payments
amounted to 1895. OF the governmental
cost payments, S2.7 per cent was for ex-
penses of general departments, 0.9 per
cent for expenses of public service enter
per cent for outlays.