Evening star., 1925-06-30
DISTRICT TAX RATE
OF $1.7O LIKELY TO
Be SET TOMORROW
Commissioners to Fix Lew
on Basis of Figures for
Present Year.
$22,00O,0OO COLLECTED.
EARLY FIGURES SHOW
City Must Raise $24,067,577 in
Next II Months-Wealth Is
$se5,o 100000.

The tax rate to be applied to real
estate and tangible personal property
ior the new fiscal year will be fixed by
the District Commissioners at board
meeting tomorrow morning.
Although Maj. Daniel J. Donovan. n.
auditor, has roughly estimated that
the present rate of S1.40 will have to
be raised to S1.70 to meet the cfty's
ooilsations for the next II months,
Maj. Donovan cannot determine the
ne" rate exactly until tomorrow, since
he must wait TO see what balance. IL
any, remains from the operations of
the fiscal year which ends this after
noon.
$4,000, 900 Collected.
A report to be made 10 the Com.
mlssloners this afternoon by Collector
e. NJ. Towers is expected to show that
the District of Columbia collected
more than S22 900 of revenue from
all sources during the fiscal year
which closes today. At noon today
Mr. Towers had not quite completed
his balance sheet.
This report will show an increase
of approximately S4.O00,0 900 over col
lections for the fiscal year 1924, which
aggregated s1S,857,403 In that year,
however, the tax rate was S1.20, as
compared with a rate of S140 for the
year just ended
The estimated total of more than
S22.000,000 does not represent entire
ly real estate and personal tax collec-
tions, but includes all sources of in
come to the city.
The figures of Collector Towers will
be used by Maj. Donovan in determin-
ing what the tax rate should be for
the coming year.
Will Keep Even Figures.
1t is understood the Commissioners
have decided to adhere TO the policy
of not splitting a nickel in fixing the
tax rate, because of the bookkeeping
complication which results from an
odd number of cents. For example, if
1t is found upon studying the balance
sheets this evening that more or less
than $1.70 will be needed, indications
are that the Commissioners will go a
full cents up or down as required.
The total of all appropriations
chargeable to the District for the Il
months beginning tomorrow in $685.
109 ,497. From this total Maj. Dono.
van will deduct the Water Depart
ment appropriation of 81 1,229, $50. which
comes wholly from water rents, and
the gasoline tax street paving fund
of $S12 900. which is met by a direct
tax on automobilists. There will then
remain S33.067,5 SIT, of which the Fed
eral Governments share is $1,000 900
This leaves the District to raise from
all sources of revenue $24,067,577.
Intangibles Are Problem.
Maj. Donovan's first step will be TO
estimate as nearly as possible what
the city will collect during the coming
year from the tax on intangible prop
erty and from various miscellaneous
licenses and fees. Whatever amount
is still needed after allowing for these
sources of revenue will be met through
the tax rate on real estate and tangi
BILE personal property.
The total estimated assessed value
of real estate for the coming fiscal
year is $3.50. 900 and the estimated
assessed value of tangible personal
property is s1O5, 100000. These two
figures will form the basis on which
Maj. Donovan will determine exactly
what rate per 500 of assessment
should be recommended to the Com
miSSionerS.