REAL ESTATE TAXES

Mr. CABELL. In your budget projection I believe you are contemplating a 30¢ increase in your real property taxes?

Mr. BACK. The Mayor recommended to the Council an increase in the property taxes of 30¢ on the hundred

Mr. CABELL. As I recall, the increase was requested two years ago, wasn't it? Nothing was done about it?

Mr. WASHINGTON. Yes, sir. Nothing was done in the last year, sir. I requested it again this year of the Council. I am very hopeful that we will be able to get the amount that we requested this year because of the dire needs that we have.

THE

MAJOR TAX LIABILITY AS A PERCENT OF INCOME IN
WASHINGTON COMPARED WITH THE AVERAGE IN THE
NATION'S 25 LARGEST CITIES 1970

Mr. CABELL. At this point, we will include a tabulation which you prepared for us in the last Congress, showing sources of revenue for the District, which we found helpful.

(The matter referred to follows:)

DISTRICT OF COLUMBIA TAX SOURCES, RATES AND ESTIMATED ANNUAL YIELD (FISCAL 1971)

Rates

Estimated yield (thousands)

Tax sources

GENERAL FUND

Property taxes:

Real estate..
Personal tangible.
Sales and gross receipts:
Alcoholic beverages.

Cigarette..
Insurance

Motor vehicle excise.

Public utilities, bank, etc..
Sales and use....

$3.10 per hundred assessed valuation.
$2.40 per hundred assessed valuation...

Beer-$2.25 per barrel of 31 gallons. Proportionate rate for greater or
lesser amounts.

Wine $0.15 per wine gallon containing 14% or less alcohol by volume;
$0.33 per wine gallon containing more than 14% alcohol by volume;
champagne, sparkling or artifically carbonated wine, $0.45 per wine
gallon.

Alcohol and Spirits-$2.00 per wine gallon. Proportionate rates for
greater or lesser amounts.

4e per pack...

2% on net premium receipts, membership fees, or considerations
received on preceding year's business in the District.

4% of fair market value of vehicles at time certificate of title is issued.
4% of gross receipts (2% gross receipts of Building Asso.).
Food for human consumption off the premises where sold, laundering,
dry cleaning, pressing, and nonprescription medicines and drugs are
all subject to tax at 2%. (Credit against income tax for taxes paid on
groceries for lower income persons.)

$118,700 15,600

14, 200

5,600

5,900

6,600

17,000

Source: Government of the District of Columbia, Executive Office, Budget & Management, Sept. 23, 1970.