The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1919-03-15
BUDGET ALONE
Is MORE THAN
\ $7,000,000)!.00
State Auditor kositzky's Statis-
tics Show Probable $lO,-
e., 100000 Total
TAX LEVY OF Az MILLS
In Spite of Tremendously In
creased Valuation, Rate
. Must Be Boosted
TAX LEVY OF Az MILLS

North Dakota's budget for the en-
suing two years will be- $7,07O,92G if
nll appropriation bill are signed by
the governor, State Auditor kositzky
announces today.
Two ye;xs ago the budget for the en-
suing biennum was $4,1OO.OOO.
The total of $7,O7O926 for the next
two years does not include the appro-
priation to the state highway commits
sion. which is repaid from motor We
llicle registration fees; nor apprOpriu-
tiOns Of S2OOOOO for Il memorial build
ing AMI $4,000 for the extension Of
the capitol street railway, both of
which come out of the $75O,OOO which
has accumulated in the capitol building
fund. requiring no tax levy.
Nor does this total include apprOXi-
mutely 100000 which will be levied
this year under the half-mill tax for
soldiers relief.
If the state issues $17,ONOU0O in
bonds this year, as provided for by
the league program, there must be
levied, under the constitution. one
thirtieth Of the principal. Or $5GG. .666,
tp insure retirement Of these bonds in
20 years.
There must also be spread in the tax
rolls an amount sufficient to insure
the payment of the first years inter
est on these bonds, which will be ST.
orc. 1000. providing the bonds are sold
at six percent
The state also has falling due this
year $176,O 900 in rrilu.ir al on bonds, and
S'S. in interest on old bond issues.
which must be provided for in the tax
levy.
"If all the state bonds are sold i'm
mediatc,y," said Mr.. Kositzky today.
I'VE must provide by direct levy this
year the sum of $500 500. exclusive OF
N estimated revenue of 5000, 1000 from
mis- elluneous collections IN ililt ritnnce
taxes, Insurance fees. oil taxes, etc.
The st lte will derive nothing this ve"r
from its Inheritance tav law. nn,;er
which the first returns are not made
until tie close Of the present fiscal
!c:r. On a valuation of 1929. .650.-
S51, created by the reclassification of
Lloperty, this will necessitate IL
r Ill levy for state purposes. In 1918
we maj. /: 43 mill levy on an assessed
valuation Of $4O3, 400 25s.. 2a" .''
'The two-mill school levy will also
apply on this increased valuation, pro-
ducing $2,471,3 ,3O1 for school purposes
The cities will he the principal bene
ficiaries from this vastly increased rev.
enue for school purposes. The law
provides that these funds shall be dis
tributel on Il basis Of school population
among the various districts. III Bur
leigh county. for instance. Bismarck,
with 1857 school children. will receive
about 40 percent Of all the money
raised III the county for school pur
poses. The school population Of the
county is 4,OS2, and considerably less
than 80 percent Of this population ia
in the country districts which. unde :
the 100 percent classification Of lands.
will produce by far the greater part
of the levenue.
"Last year the average assessed val
uation Of land in North Dakota was
$J.4S per acre. That was on a 30 per
c, mt classification. On 1O0-percent
classification the average assessed val
uation this year will be $1S.24 per acre
BARNES county may be selected MS
Il typical example. A quarter of land
in Barnes county last year was assess
"a at $127O and on 4.3 mill state
levy it paid $5.46 in taxes, This year
the same quarter will be assessed at
$423:3 and will pay so in hail tax. or
u total Of S23.S4. as compared with
So 46 las. year. an increase Of $1S.3S
The schro' tax on this quarter will be
increased S5.92. making 4 total gain
for state "nd school purposes of S24 80!
In Cass and Trail counties. where land
W. lucs are much higher. the increase
will be relatively greater"