. City of Houston . CITY GOVERNMENT AND TAX VALUATIONS AND DEBT. USINESS-LIKE ad-ministration of itsmunicipal affairs, byits officials, has con-tributed greatly tothe advancement ofHouston during theperiod it has progressed most, namely,the last decade. Its tax rate has beenreduced as its tax valuations enhanced byits growth, and the increasing expendi-tures consequent upon its developmenthave been met without augmenting itsdebt rate appreciably. Its tax rate in 1880, when its total valu-ations were but $5,352,314, was $ per$100; its tax rate now, with $14,000,000of valuatio
. City of Houston . CITY GOVERNMENT AND TAX VALUATIONS AND DEBT. USINESS-LIKE ad-ministration of itsmunicipal affairs, byits officials, has con-tributed greatly tothe advancement ofHouston during theperiod it has progressed most, namely,the last decade. Its tax rate has beenreduced as its tax valuations enhanced byits growth, and the increasing expendi-tures consequent upon its developmenthave been met without augmenting itsdebt rate appreciably. Its tax rate in 1880, when its total valu-ations were but $5,352,314, was $ per$100; its tax rate now, with $14,000,000of valuations (the assessment for i89i),isbut $ per $100. The debt of thecity in 1880 was $1,501,592, or $ capita of population; now it is only $I>739>835> or $63-43 Per capita. In1880 it was nearly a fifth of the amountthe property of the city was assessed for;now it is barely an eighth; and it is lessthan 2^ per cent of the real equivalentin cash of the property of the citizens,some $70,000,000 at least, all told—ashowing, clearly, of e
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Keywords: ., bookcentury1800, bookdecade1890, bookidcityofhousto, bookyear1890
