Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
$1,766,162,0O0 Assessment
Represents Per Capita
Levy of $49.35.
ONLY MUNICIPALITY
WITHOUT DEBT BURDEN
Revenue of $S8.12 for Each Citi-
zen Ahead of Chicago and
Philadelphia Rates.
Washington, fourteenth in population

Washington, fourteenth in population
among the $50 cities having a popula-
ton of more than 10000, ranks ninth
in assessed valuation for general prop
erty taxes, according to statistics made
public today by the Census Bureau.
Whereas, 1853 of the cities ran into
debt and many paid heavy interest
charges on their Indebtedness, Wash
ington was the only city not burdened
with interest charges.
The other 249 cities paid a grand
total of 1865 691 900 in interest charges
contributing to the cost of government.
The Is cities with a population OF more
than 100000 paid toal of $2l3,04O, 900
in interest The other cities in
the same group with Washington, hav-
ing a population between 100000 and
500 600, paid 33.984,000. New York
paid Sos, 846,O00 and Philadelphia
$22 1000.
$49.35 Per Capita Levy.
Washington, with am as essed valu-
alton of $l,766, 1920 has per capita
levy of $49.35. IT alA4.4,u o heading
its group, WaShir ION also ia ks in the
assessment statistIr ahead OK Ave larger
citieS-St Louis, Pittsburgh. San Fran
cisco, Milwaukee ard i II, 10.
In the per capita levy 1t ranks ahead
of st. Louis with per capita of $40.05
and Baltimore with a levy Of $38.27, and
is only slightly under San Francisco
with $51.44 and Philadelphia with
$5156.
Washingtons per capita revenue is
$8812, ahead of Chicago with a per
capita of S3O.43 and Philadelphia with
S68 SO. The Capital in this respect also
outranks Cleveland, st. Louis, Balti-
more, Pittsburgh San Francisco, Mil
waukee and Buffalo.
On the assessed valuation in Wash
ington the levy increased per capita
from S1802 in 1917 to $49.55 in 1929.
The per capita revenue increased from
$43.64 in 1917 to S88.12 in 1929.
Revenues Are S23,76S,OOO
Washington's revenues from general
property, special and poll taxes III
1925 amounted TO S23. 900. Licenses
brought in S4,772,000, special assess
ments and charges, S785,000; su5ven-
tions, donations and pension assess
mentS, S9,565,0 900; earnings of general
departments, $1,464 900; earnings of
public service enterprises, $l,366,O00,
and all other revenues, $657,000.
For the $50 cities the assessed valu-
alton of property subject to general
property taxes for city purposes
amounted to S8O,4O2, 1852 or a per
capita assessed levy of $1,814.18 and
per capita levy of S49.84 for 1929.
Total property tax levies in the $50
cities for the financial benefit of cities,
counties, States, school districts and all
other governmental units, for all pur-
poses, amounted to So, 1872 1861 GAO. Thus
the group average for each person was
$56.25.
New York Valuation.
New York had an assessed property
valuation of S18,362, 062, 900 to lead the
cities, the total being greater than
those of Chicago, Philadelphia, Detroit,
Los Angeles, Cleveland and st. Louis
combined. The metropolis had per
capita property tax levy of $66.84. Total
revenues in New York were 1868, 406, 900,
or S9707 paid per person.
The total revenue receipts in 1929 of
the $50 cities were SPOTS, 234 1903, or a
per capita of 5000. In only 81 of the
cities was there sufficient revenue to
meet all payments during the year. The
payments in excess of revenue receipts
were met from the proceeds of debt
obligations.
The gross debt outstanding at the
close of the year amounted to $780,
973215, or a per capita of $202.22. OF
this total gross debt, S7,670020,862 was
issued by the city corporation, $704,-
291, 351 by school districts practically
coextensive with the city corporation,
and $587 ,66l ,002 by other Governmental
units.
The net indebtedness funded or fixed
debt less sinking fund assets of the
$50 cities amounted to S6.130,289, 576,
or $138.32 per capita, in 1929.