Evening star., 1935-10-20

and park improvements. The allot-
ments for both purposes totaled
sl,908,150. OF the allotment for
sewers $25o.0o0, not needed for that
work, was returned to the Treasury.
This left $l,658,l50 as the principal
sum to be used in determining the
Districts 70 per cent liability TO the
Treasury. In this manner. the s5,7o0.-
900 was reduced to a net Federal pay
ment of s4,539,295.
S3,425,921.7S for Balance.
Mai. Donovan's financial statement
for the fiscal year 1886 shows that
the District began the year with an
estimated revenue surplus. brought
over from the fiscal year 1885, Of
S5,148,34670, and that the total
estimated general fund revenue
availability for that year to be $40,-
883, ,348.70. The total estimated ap-
preparations and other charges
against the general revenue fund for
1886 is s37,457, 1862, thus leaving
revenue balance, available for trans
fer to the fiscal year 1887, Of
3,425 ,921.78.
Mai. Donovan presented estimates
Of revenues from various sources to
show that the Commissioners pro-
posed 1887 budget would balance.
He estimated gasoline tax revenues
at S2,593,280, water rents and other
water funds at s1,861, $40 and trust
funds at s1,3S0,000 making the Spe-
cial funds total S5,834,790, leaving
SAL ,647,97O of the budget total to be
met out of general revenues. To this
he added several items, including
estimates of deficiencies, supplemental
appropriations and judgments, to
bring the general fund requirements
to S42,
Estimates of General Revenues.
Against this sum he submitted the
following estimates of general rev.
enues and credits, together with the
balance:
Revenue balance from 1895 S3,425.s21.7s
Tax on real estate (estl-
mated assessment OF ST. ~
5000 ,UO0) 1S,16O, ,UUU.UU
Tax on tangible personal
sessment, gt s55.0oo,ooOj~- 1000. 600 90
Tax on Intangible personal
sssamsns sstnsSedo ss asoo 600 90
tons. etc. N--,--~-1~-- 2.OOo. 100000
Vehicles NN---~--1~~~- 55O.OOO.oO
Penalties and Interest on
ments as AHo -o-"NS----~e-~- e-. 9o-o $4,000 90
Ai license fees AeH"-N--N- 1880, 600 90
MisceIIaneous items 1900, 00O.0 90
Release Of revenue arising
balances H % Of appropriations 5oo.ooooo
Of Of policemen m and fremen 22O.O0 90
Federal payment S.317. 10000
Total estimate of revenue
missioners budget for
tnat year .1o3,4Z1Io
Total estimated general
fund revenue, fiscal year
1887 (S1 90 tax rate and
Federal obligation Of S.
s5srzss s:, ,sss fos ss.,, 1887 Sseh- 5oo7o 90
Revenue balance - s3.451.7s
Analysis Summary.
Maj. Donovan concluded his analysis
with the following:
1887 will commence with q revenue
surplus from 1886 of $3,425, ,92l.78. On
the basis of the present tax rate Of
$3.50 and a Federal payment of $S,-
317,500 the general fund revenue
availability for the fiscal year 1887 is
estimated at $42,163, ,421.7S, an amount
sufficient to meet the approval of the
full amount Of the Commissioners
budget.
"A tax rate of $3.50 with a Fed
eral payment of only $5,700,0o0 would
fall short by slightly over $2,600,000
| Of the sum which would have to be
raised should appropriations be au-
thorized for general fund items in ac-
cordance with the budget of the Com
missioners.
"The Commissioners gave extended
and careful consideration as to the
manner in which additional revenue
could most equitably be obtained IN
order to raise the additional sum Of
| $4,000, 900 to meet the payment OF the
general fund items as approved by
them. They decided that the exist
ing tax rate Of $1.50, considered with
the present assessed valuation of real
estate in the District of Columbia, rep
resented Q fair and Just tax on the
owners of such property.
Increase in Share Urged.
TN view of all the circumstances,
the Commissioners are Of the opinion
that the fair and en1litabIe collrSe to
follow to provide additional revenue
to meet absolutely necessary operat-
ing expenses, and urgently necessary
public improvements, particularly for
the purpose of sites and the erection
of new school buildings, Is to recon-
mend an increase In the amount OF
the Federal payment.
"It will be recalled that the Com
missioners, In submitting their budget
for the fiscal year, 1886, asked that the
Federal payment be increased from