Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-05
HIGHER ST ate
TAX LEVY { FOR
COMING YEAR
But Officials Are Delaying
Action Until After the
Election.
BIG INCREASE IN
GENERAL FUND LEVY
Interest on Bonds VIII
Probably Require a
Further Boost.
(Herald Special serNce.)

, .
T Bismarck. N. D.. Oct. 5.-The stats
tax levy for the next year in North
Dakota will be considerably higher
than last year but it proha bly, will not
be fixed until after election.
While it is required by The law that
the tax levy be fixed by a certain data
officials do not regard the provision IA
mandatory, and there appeared to-
day little likelihood of there being u
meeting of the state board of equaii-
zation before election s& I;
Governor Frazier, Attorney Cen
eral Lemke and Commissioners of
Agriculture Hagan. three Of the mem
bers of the board, are booked Nto
speak almost every day until the elec-
ton. The other two members are,
Treasurer Steen and Commissioner Of
Insurance Olsness.
May Double Levy.
Although officials have been seek
ing means by which the tax levy can
be kept as low, as last year. 1t appears
!, that the levy for the general fund
may be twice as high because OF in
creased expenditures and a somewhat
decreased valuation. The entire levy
also will be increased by an increase
of one-fourth mill in the soldiers
bonus levy.
The total valuation Of state proper
ty on which the levy will be made is
| s1.376.71o.77s. The total OF the BIZ,
ennial budget general fund expendi
lures is set at $7,9S4.411.Ss, or about.
$4.600,000 to be raised by taxation in
| the next year. The total amount
levied for the general fund last syearf
was $1,5s6-555. The. amount 10 be
raised by. direct taxation Will br DO
| creased By @indireet NJ axea ssnd cellscTs
l'deductions.
! Min Levy.
I It has been figured that the net
! amount to be raised for the general
| fund by taxation will be $2,S3l.8ce.
This would require a mill levy of II
for the general fund. This estimate,
/! however. is held low by some officials.
4 who believe that not less than two
mills should be levied for the general
! fund to take care of all expenditures
1, Miscellaneous receipts. derived from
/ sale Of licenses. etc. are estimated at
| $1,36S,172 for the next year. and
treasury Of about ssoo.o0Q. This
! amount is deducted from the $4,000
! 900, or about ore-haif the biAnniai
budget. to get the estimate Of the
probable amount to be levied.
| BONO l0tGsfCSI.
(. A total Of $1.376,710, would be rails
ed for the soldiers bonus fund under
the one-mill levy on the new valua-
ton, as compared to $1,125,0o0 on a
three-quarters OF a mill levy last
year. In addition it may be necessary
for the state board to levy some tax
for the state bond and state bond in :
terest funds. The general fund levy.
the soldiers bonus levy and other pos
sible levies are expected to be abcu:
! 3 mills for the new tax year.
Under law enacted by the last
legislature the taxing power OF vari-
Gus political subdivisions was limit
ed to one-third of the amount raised
during the years 1918, 1919 and 1920.
A test of the constitutionality OF the
law now is pending in the supreme
court. The state, which was not lin
tied by the law. will in its new levy,
it Is believed. find Ct necessary to ex-
ceed such a Airnitation.