Evening star., 1926-11-06
TAXABLE PROPERTY
HERE TOPS BILLION
For 1925, Washington's Levy
Reached $14,925,0 900, Gen.
sus Bureau Figures Show.

Washington was one Of IL cities In
1925 which had property subject to
general property taxes for city pur-
poses in that year assessed at more
than a billion dollars. Such prop
erty in the Capital last year was
assessed at $1,329.709 900, or a per
capita of $30.31, the Census Bureau
announced today, making public a
municipal finance bulletin for 247
cities Of more than 10000 population
throughout the United States.
Property subject to general prop
erty taxes for city purposes through
out the United States was valued at
500 ,584, ,524,863, while total levies on
the property in all the cities for the
governments of the cities, counties,
States, school districts and all other
governmental units for all purposes
amounted to $1,s36, ,343,361, or an
average for each person of $47.51.
The per capita levy throughout the
United States averaged $41.48, more
than $11 above the average in the
District of Columbia. Taxes assessed
here in 1925 aggregated $14,925,OOO.
The 1924 per capita tax levy IN the
Capital was $25.49 and $1S.02 in 1917.
Municipal Revenue Receipts.
Total municipal revenue receipts
for Washington, including earnings
Of general departments, public serv-
ice enterprises, licenses and all other
revenue for 1925, totaled $32,197,-
600, a per capita return of $65.39,
against $5686 in 1924. Total reve-
nue. receipts for the 247 cities were
placed by the Census Bureau at $2,-
5Os,924,366, or s570,755,502 more than
the total payments OF the year, ex-
elusive Of payments for permanent
improvements, but $403,066,594 less
than the total payments. including
those for permanent improvements.
Only "A cities raised sufficient reve-
nue. to meet all payments. Payments
in excess of revenue receipts were
met from proceeds of debt obliga-
tions.
Revenue receipts In Washington in
1925 exceeded total governmental
cost payments by $280,000. and ex-
ceeded payments for operation,
maintenance and interest by $780,
900. Washington had no net debt in
1925 and spent $8.051,0 in outlays
for permanent improvements.
OF the total cost Of the city govern
ment-$23, S67, ,000-the cost for opera
ton and maintenance OF general de-
partments in Washington was $685.
026,000; for operation and maintenance
Of public service enterprises, $776,000.
and for interest, $65,000.
Income From Taxes.
General property and special taxes
raised $14,312, 900 in Washington last
year; licenses raised $3,33S, 900; special
assessments and charges raised
S504, 900; subventions, donations and
pension assessments raised $40, TAG 600,
of which the Federal Government con-
tributed $10,235,0 900; general depart
ments earned $1,4O5,000. and public
service enterprises earned $1,214 900.
while all other revenues aggregated
$678,000.
Washington was the only one Of the
PAT cities without a net debt. In 1924
the net debt in the Capital was II
cents per capita and in 1917 was
$12.S7.
Gross Indebtedness of the PAT cities
outstanding at the close of the year
was $3.50, $50, 864 (per capita, $163.1O.
and net ndebtedneSs-funded OF" fixed
debt less sinking fund assets-$4, ,659,-
9,243 per capita, $1143S).
New York led all the cities in
assessed valuation on taxable prop
erty with $12,944 ,4S1 900, with a total
levy in general property taxes Of
$0ll ,1l0,UUU. Inc OIner cities ABOVE
the billion valuation mark were:
Philadelphia, valuation, $3.967,8 $780,
600; levy, $84,727 900; Detroit, $2.757,-
664, 900 and $50 1856, 900; Cleveland, $2,-
168.243.oOO and $5O,1Os, 900; Chicago,
1873 ,e22 900 and $152 ,054 ,0O0 Boston,
$1,862 10000 and 46,653 900; Balti-
more, $1,476.3S 900 and $26 ,644 900;
Los Angeles, $1,374,7 ISL 900 and $685.
$4,000; st. Louis, $1,194 ,663, 900 and
$26.744,000; Cincinnati, $1,018,498, 900
and $21, 1,297 900; Pittsburgh, $1,014,-
$4,000 and 36,722,00