Evening star., 1933-03-22

referred to above were arrived at. Here
is how the general fund account of the
District would be affected, as District
officials see it, If Congress appropriates
for next year only the amount con-
templated by the conference agreement
on the old bill, in the light Of new
economies expected to result from the
additional pay cut:
The conferees' total on expenditures
chargeable to the general fund (Which
took into consideration the old pay cut
Of 8h per cent?, would be $32 1861 ,247.
To this would be added certain other
requirements, estimates as follows:
Half of the item for Freedmen's Hos
pital in the Interior bill. $685. ,ol5; ior
refunding erroneous taxes, $40 900:
awards for extension of streets, $780,
O0O transfer of funds to the police
mems and firemen's relief fund, $710,-
600, and estimated deficiencies and
supplemental needs later in the year,
100000. These give a total OF $685.
799, ,262 chargeable to the general reve-
nue. fund. (The general fund ex-
cludes gasoline tax street work, which
Is paid for directly by motorists. and
Water Department upkeep and develop
ment, which Is paid for direct by water
uSerS)
Collections Estimated.
To meet these general revenue
charges, local officials estimate the fol-
lowing general revenue collections next
year: Real estate tax, $40, ,400, 900; tan
gible personal tax, $l,l00,000; motor
vehicle personal tax. $4,000; intangi-
public utilities, banks, ETC., $2,150,000,
and miscellaneous, s4,100,000. These
general revenues would aggregate $29,-
765, 900. If it be assumed that Con-
gress will not cut the Federal contri-
button lower than the current figure
of $7,775000, this sum added to the
anticipated local revenues would total
37,540, 900.
Deducting the total general fund
charges of $33, 799 ,26Z from this revenue
total leaves $3,740,738. But in this cal
culation allowance has not yet been
made for the further saving of 81, 800 900
on salaries that will result If the Presi-
dent raises the pay cut to Is per cent
under the new law. Adding this, would
leave balance of $5,540,738.
At this point it is important to go
back and recall how the estimated needs
of the District were cut down, however,
from the time they left the District
Building last Fall until the old bill
emerged from conference. The Com
mates that the city needed SAL 1922, ,730
for the fiscal year beginning July /
of this year. When the conferees got
through adjusting the differences be-
tween the House and Senate a few
weeks ago, the total had been reduced
to $36, ,291 ,647. It will be seen that the
amount cut from the original estimates
was $5,631 ,083, or almost exactly the
amount of the unexpended balance that
appears likely to exist at the end OF
next year if the new bill contains no
more than the one which died in con-
ference. And Of that balance, nearly
all, or $4,OO0,0O0. will come from the
employees pay cut, assuming it is made
Is per cent.
The foregoing calculation assumed
continuation of the present lump sum-
The conferees, in their compromise, had
taken $175,000 of the present contri-
button, and even If the new Congress
followed that course it would still be
possible to allow nearly all of the neces-
sary items which went to make up the
original estimates of the Commissioners
More Work Possible.
The condition of the gasoline tax
fund and of the Water Department
fund are such that Congress also could
authorize more work under both Of
these headings than was carried in the
conferees' agreement. And in both of
these cases the projects added would
create jobs for some Of the city's un-
employed.
The estimated cash in the gas tax
fund for 1884 is placed by local officials
at $3,O43, ,041, while the street and high
way work carried in the conferees'
agreement on the old bill was only
$2,277,850.
The estimated cash available in the
water fund for 1884 is 81, ,689, 900, while
the appropriations contemplated in the
bill that failed amounted to 81 ,652, $50.