JACKSONVILLE PLANT MAKING LARGE PROFIT
JACKSONVILLE PLANT MAKING LARGE PROFIT Municipally-Owned Power Plant is Revenue Mill i For City Treasury JACKSONVILLE, Fla. — This city's municipally owned and operated electric plant was praised...
...King was told...
...King said when he saw the official reports showing that the electric plant had made a profit of $1,600,000 in 1929...
...Thompson asserted...
...According to the estimate of the city auditor, the plant will turn at least $900,000 into the city treasury during 1930 in addition to spending about $700,-000 for extensions and equipment...
...The income tax now yields in excess of $3,000,000 more than it did three years ago, Mr...
...State auditor, L. D. Thompson, has just announced...
...This city's municipally owned and operated electric plant was praised as "one of the most efficient public utilities in the nation" by Judson King, director of the National Popular Government League...
...Let Florida and the whole country study the figures, especially men interested in taxation," Mr...
...If we could quit floating bond Issues and not buy any more property for any purpose, the electric light plant would just about pay all the city's expenses," said Chairman Rogers of the council's budget committee...
...King is here to attend the Institute of Statesmanship at Rollins College...
...Practically the same record will be made during 1930, Mr...
...YIELD OFTAX ON INCOMES IS LARGE JEFFERSON CITY, Mo—State income taxes collected in Miscourt during 1929 amounted to $4,252,489, which is an increase of $554,885.92 over the 1928 figure...
...City officials are loud in their praise of the effect the municipal plant has had in lowering taxation...
Vol. 1 • February 1930 • No. 10
