Evening star., 1928-06-16
Commissioners viii Meet on
Monday to Decide Levy
Effective July |.
YIELD Is ESTIMATED
TO TOTAL S21,4O3,3o0
district Auditor Submits Figures
on Various Items of Re7e-
nue. Expected.

Continuation Of the existing tax rate
Of Sl.70 on 500 Of assessed valuation
through the new fiscal year beginning
July /, was recommended to the Com
missioners today by Daniel j. Donovan,
District auditor and budget officer. The
Commissioners are planning TO meet
Monday to fix the levy.
The $40 rate, Donovan figured, will
yield an estimated revenue of s2I.4O3,-
300, as against the required sum OF
s21,2l2.343 to be raised on taxable real
estate and tangible personal property.
Donovan based his Recommendation
on the estimated revenue of the District
for the coming fiscal year. using ST.
l53,000.000 as the assessed value OF
taxable real estate and sl06,0O0,000 for
tangible personal property. making a
total estimated valuation OF sI.259,O0O,-
600. The other estimated revenues are
as follows:
U. s. 10 Pay $4,000, 900.
Contribution Of the United States.
100000; tax on intangible personal
property. $500. 900; tax on earnings of
public service corporations, banks. build
ing associations, etc, $2.15O.O0o: mis-
cellanecus collections, including special
assessments. licenses. fees, etc, So. .Sc0.-
600. These several items total Sl6,4j0-
600. leaving s2l.2l2.343 TO be raised by
the application Of a tax rate on the
iull assessed value of taxable real es-
tate and tangible personal property.
Donovans recommendation Is con-
tanned IN report which explained that
tne total amount appropriated for The
District for the 1929 fiscal wear il
S37 .625 .203. from which deductions are
made for appropriations chargeable to
the water fund amounting to Sl.53I,7iG
ana appropriations chargeable 10 the
gasoline tax fund amounting TO Sl.S02.-
9OO, leaving the amount TO be paid
from the revenues of the District. in
Guiding the contribution OF $4,000 .OO1
ry the Federal Government, s3z. .293. .5o8.
Other Items Pointed Out.
To this amount. the auditor pointed
out. must be added one-haIf Of the
S414,500 appropriated for the Freed
mems Hospital BY the Interior Depart
mert appropriation act for 1929. OF
S237. $50: estimated expenditures for re-
funding enormously paid taxes, S6O. .000
estimated expenditures under cordem.
nation proceedings for the extension OF
streets IN accordance with the plan foi
the permanent system of highways.
S5O0.0OO: estimated expenditures from
revenues Of the District to suppiv
deficits IN the payment OF pensions 10
retired members of the Police and Fire
Departments. s525. 900: estimated de-
hciencies in salary appropriations for
the fiscal year 1929 arising from the
operation Of the so-called welch bill
100000: estimated proportionate part
xso&s
the Governments accrued liability 10
the employees retirement fund. sl50O0O
and estimated supplemental appropri-
ations for 1929. deficiencies in appropr;-
ition and estimated appropriations basef.
on probability of new legislation
81 500 900.
The several amounts indicated make
the total definite and estimated appro-
pria ion charges against the revenuos
OF the District for the fiscal wear end
ing June so. 1929. s37662.S.s.
Increase for Streets.
"A large increase appears in the estI-
mated expenditures for the extension
OF streets and roads over previous
years. said Donnovans report. AT
the present time condemnation pro-
ceedineS are pending in court for the
extension OF Fourth street and other
StreetS TO the southern boundary of
the Walter Reed Hospital grounds and
Tor The widening of Conduit road Good
Hope road. Benning road. Reseryoir
road and other streets
Verdicts in the several cases. n is
nenevcd. VIII be handed down durlp7
the fiscal wear 1929. and II is estimatsd
mat the cost 10 the District of Col,,n,-
oia VIII be about 81 600 600 OF rhiS
sum at least s50O.0a0 will very Ikelv he
expended during the fiscal wear ie9a
ana thls amount only has been Va.
that year" 'NE