Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-07-25
COUNTY ESTIMATE
AUGURS LOW TAX
Financial Statement Shows 1t
Will Take Very Little More
to Run County This Year.
CITY VALUATION SKYROCKETS
Only Figures From State Are
Lacking Before County Ex-
else Board Can Meet.
CITY VALUATION SKYROCKETS

That taxes in Tulsa county will be
lower than last year was virtually as
sured yesterday by the completion of
the yearly financial statement. which
shows only a slightly increased budget
as compared with much larger valu-
ttion.
Estimates of the various depart
ments of the county indicate that
$1,799,395 SO will be asked to run the
county next year, which is very little
more than the 1861 budget. on
the other hand, the assessors unoffi
cial report promises boost of almost
so per cent in the county valuation.
Report of the county assessor is vir-
tually completed there being only a
slight lack of balance, which prevents
the final publication of the Tulsa
county valuation The city of Tulsa,
however. is definitely valued at $35.-
726.2OO, gain of sl5,OO0,000 over
last years assessment.
For school district No. %. of which
the city of Tulsa is part, the valua-
ton for real estate is s2S,90l ,0s5 ard
for personal property is $l1,925,731.
Enormous Increases.
BY the announcement of these fig
ures 1t is readily seen where Tulsa
county's increase in valuation comes.
Personal property in the city of Tulsa
is valued at ss,340S90, five million
more than last year, while the real
estate shows a jump of approximately
ten million, being now placed at $780,
775,310.
The city valuation. as we'll as the
county assessment. Is exclusive of that
which comes under the jurisdiction of
the state by reason of the gross pro-
ducton tax. These figures must be
prepared by the state and probably
will approximate $3,OOO,O00.
II is probable that Assistant County
Assessor l.. p. Quinn will complete
his official report today. showing the
count assessment to be approximately
$4,000. 900. exclusive Of the gross pro-
duction valuation. The report, to-
gether with the financial statement,
will be turned over to the county ex-
else board. which meets Saturday, to
make allowances to the various de-
partments of the county for next year
and to decide the tax levy
Who Is OH Board.
The board is composed OF the
county treasurer, county clerk, county
attorney. county superintendent Of
schools county Judge county assessor
and chairman Of the board Of county
commissioners 1t has authority to
make a tax levy to cover the budgets
which 1t may allow.
During the coming year the county
expects to spend $446,00O for road
and bridges and will ask the excise
board to place that sum at its dis
pOsal in that fund. OF this amount,
$685. 900 will be expended on perma-
nent road work. including hard roads.
according to present plans.
The only larger fund than this will
be that for schools, which amounts
to $69O.2S3. OF this amount, $47l.-
$50 is for maintenance of schools in
the city of Tulsa, which comes under
'he direction of the county because
We money Is collected by school dis
lets.
Estimates for the other funds are
as follows: Colored schools $5D,-
1880; courts. s62,1O0; contingent,
$4,000 poor and insane, $500;
agriculture, s2S,50O; sundry, s17,-
800: city and township accounts,
$4,000.
The total estimate is thus sL7s9.-
395.50. as compared with s1,722,0O0
for last year.
On Cash Basis.
or secondary importance in the fl
nancial statement as prepared yes
terday is the fact that the county Is
opening the fiscal year on a cash
basis BY this 1t Is meant that there
Is money In every fund collected from
unexpected sources during the year.
which was not spent because it was
not in the annual budget.
On July 2, the date for making of
the financial statement, there was
SS56,ss667 cash on hand Part of
this Is laid aside for the sinking fund.
leaving S119.124.7l available for the
various funds. The cash is distributed
az follows: Salary fund, $l4.744.44;
courts, $3S,255.65; road and bridge,
se,545.27; supply. $6.l6S.97; contin-
gent. s12.471.26.
The financial statement also shows
Just how the money was spent last
year one OF the most interesting
items is that of the road and bridge
building fund.
The total budget for the past year
was s2S5.000. $4,000 of which was
set aside for permanent improve
nents, such as hardsurface roads
and bridges.
Thirty steel bridges We're built
at a cost Of $4,000. One hundred
and thirty small concrete culverts
were established, costing total of
$4,000. Almost four miles OF paved
road. the only paved road in the state,
completed the permanent improve
ments at cost Of $4,000.
All OF this work was done by the
old board OF commissioners, who also
left $4,000 in the road and bridge
fund at the time Of their retirement
January /.
Rock Island Wages Boosted.
CHICAGO. July 24.-Unorganized