Report of An Investigaion of the Municipal Revenues of Chicago

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$22,61,8000 1,801,832 $24,419,832 $1,422,348 $1,500,000 4,034,200* i5.5 8 9.5°o* 676,019 842,012 1, r 30,000 4,531,000 425,000 429,814 S5 I .204,53 2 1,302,600 $3,795,193 Debt less sinking funds.
1,901,932 * Pro-rated.
bodies within Chicago, it is important that such a consolidated and classified schedule should appear at the outset of a discussion of local finances. In making up these tables, 92 per cent, of the revenue and expenditure of Cook County is included under "County," as 92 per cent,
... of the assessed valuation of the County lies within the City limits, and, on the same basis, 95 per cent, of the "Sanitary District." No account is taken either of revenue from temporary loans or repayments of such loans.
SECTION I. TAXES By far the largest item in the revenues of Chicago is that of taxa- tion. From this source, in the year 1904, $21,469,607, or 56 per cent, of the whole amount, was realized and apportioned to the various financial authorities. The basis of taxation is the real and personal property of the community.


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