Thank you for visiting SNEWPapers!
Sign up free
The Watchman And Southron
Sumter, Sumter County, South Carolina
What is this article about?
On May 14, 1921, in Columbia, South Carolina, Comptroller General Walker E. Duncan announced the 1921 state tax levy at 11.5 mills plus 0.5 mills for the Citadel, totaling 12 mills, matching 2020. Calculations show it raises about $5.5 million from estimated taxable property of $478 million.
Clipping
OCR Quality
Full Text
Rates to Be 11 1/2 Mills and One-Half Mill For Citadel—Over
Six Million Needed
Columbia May 14.—The tax levy for 1921 as determined by Walker E. Duncan comptroller general and announced this afternoon, is 11 1/2 mills, to which is added the one-half mill for the Citadel, the military college of South Carolina, provided in the acts of 1920, making a total for State purposes of twelve mills, the same as the levy for 1920. The general appropriation provided a twelve mill levy and an additional levy of a half mill for the Citadel. The Comptroller General reduced the levy a half mill. The Comptroller General, in determining the levy for the current year, has found it necessary to fix this as the maximum provided in the general appropriation bill and gives the following figures as the basis of his calculation.
Total amount approved for 1921, $6,584,925.82. Less revenue from sources other than taxes 1921 (estimated), $1,035,000. Amount to be raised by taxation, $5,199,925.82. Total taxable property 1920, $448,222,786. Estimated increase over 1920, $30,000,000. Total taxable property 1921, $478,222,786. Levy of eleven and one-half mills amount to be raised, $5,135,562.03.
"As will be seen by these figures," said Mr. Duncan, "even the maximum levy will fall short by a few dollars of producing the total amount it will be necessary to raise by taxation, assuming that the revenues from sources and increase in taxable property for the present year will be as large as I have estimated."
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Domestic News Details
Primary Location
Columbia
Event Date
May 14
Key Persons
Outcome
levy set at 11.5 mills plus 0.5 mill for citadel, totaling 12 mills; raises $5,135,562.03, short of $5,199,925.82 needed.
Event Details
Comptroller General Walker E. Duncan determined and announced the 1921 tax levy at 11.5 mills for state purposes plus 0.5 mill for the Citadel as per 1920 acts, totaling 12 mills same as 2020. Based on approved amount of $6,584,925.82 minus estimated non-tax revenue of $1,035,000, needing $5,199,925.82 from taxes on estimated $478,222,786 taxable property.