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32{
<br />
<br />September 27, 1927
<br />
<br /> ly,~and each city, county, or town is hereby authorized to make a separate classification
<br /> for all such machinery and tools and to fix the rate of levy thereon, but such rate shall
<br /> not be higher than the rate imposed upon tangible personal property in such. locality.,
<br />
<br /> Mr. G..H. Morrisette, States'Tax Oommissione~, in an address to the Oommissioners
<br />of the Revenue delzvered in 1926 at various places in Vz~ginia, and available in printed form,
<br />in referrinE to the above amendment states: "The work 'hereafter, excludes from the operation
<br />of this clause until the next general re-assessment of lands all machinery assessed as real
<br />estate at the quinquennial re~ssessment of lands in 1925. It was real estate-then a~ must
<br />continue to be real estate unvil by the operation of the ciause quoted it becomes machinery.
<br />The present effect of the change therefor-is~'to the machinery and tools hereto
<br />assessable as machinery and tools constituting one of the items of capital.,
<br />
<br /> I am, therefore, of the opinion that the assessment of machinery upon the iaad books
<br />as real estate at the $2.70 tax rate iS a legal assessment.
<br />
<br /> Should the Council pass the ordina~uce amending the ~%x levy as' prepared by
<br />Crocker who represents the petitioners in this matter, the Commissioner of the Revenue, if he
<br />should carry out the wishes of the Council, would either have to figure his rate of taxation
<br />upon ~he m~hinery separately from taxation of other real estate and make up his land book
<br />accordingly, or remove the machinery from the land book entirely and place it on the machinery
<br />list. In doi~ the first he would ~e using two rates for property assessed as lands, and in
<br />doing the second he would be reducing the land assessments in the city. The machinery assessed
<br />~en the land books of 1927 amounts to $2~,~00.00. That assessed at the 205 rate amounts to
<br /> 7,£62. Just what amoumt of machinery is assessed to public service corporations I am unable
<br />to say as the 1927 returns have not as yet been certified to the City. I do not believe the
<br />Commissioner of the Revenue would have the right to apply to different rates to property assessed
<br />on the land books.
<br />
<br />Yours very ~ruly,
<br />
<br /> R. C. BARCLAY, City Attorney.,
<br /> Dr. Dunford moved to concur-in the ooinion of the City Attorney.
<br /> Mr. Maupin was excused from voting, ~e!ng interested in the matter.
<br /> On motion of Mr. White, the privilege of the floor was extended to.any one interested.
<br /> Mr. Frank L. G=ocker, attorney, spoke for the petitioners,
<br /> Mr. J. R. Stewart moved that the matter be laid on the table until the next regular
<br />meeting of Council. The motion was-adopted.
<br />
<br /> The following report was received from the Superintendent of the Norfolk County Ferries
<br />of the operation of the Ferries for the month of August, 1927:
<br />
<br />Council of the City of Portsmouth, and
<br />Board of Supervisors of Norfolk County,
<br />Portsmouth, Virginia.
<br />
<br />"Portsmouth, Va.,
<br />
<br />Septembert$, 1~27.
<br />
<br />Gentlemen:-
<br />
<br /> Herewith is submitted a report of the operation of the Ferries for the Month of
<br />August, i927.
<br />
<br />~TRAFFIC l~2~,The followingalso for July,tabulation192y~ showsand August,the passeng?r1926, and vehicular traffic for the month of
<br />
<br /> july 1927
<br />
<br />Vehicular Revenue $52,1~5.~
<br />Passenger Revenue
<br />
<br /> SY7,S57.ss
<br />Increase for August, 1~7, over last year- $5,7~7.33.
<br />
<br /> The following tabulation shows
<br />compared with the same months last year:
<br />
<br /> AUgUSt 1927
<br />
<br />$
<br />
<br />$ 75,7oo.
<br />
<br />the accumulated receipts
<br />
<br /> August 1926
<br />
<br /> l l. §6
<br /> 2 ,771.
<br />$69~9i3.31
<br />
<br />since the first of the year,
<br />
<br />Vehicular Revenue
<br />Passenger Revenue
<br />
<br />Jan. 1 - Aug. 3l ,27
<br />
<br /> $316, S36.22
<br /> 210, i~8.20
<br />
<br /> It will be noted that there
<br />yea= over August last year of $5,7S7.33.
<br />only a little over $2,000. OO less
<br />have ever ez-perienoed.
<br />
<br />jan. 1 - Aug. 31 .'26
<br />
<br />Increase
<br />
<br /> s57.6i
<br />.. 196,317.$5
<br /> $4 0,175.06
<br />
<br />$32,978.61
<br />13,870.75
<br />$g6,8~9.36
<br />
<br /> is an increase in the total business of August this
<br /> Traffic for the month of August was very heavy, being
<br />than July, which month shows the largest business the Ferries
<br />
<br />.FERRy SERVIOE The service given was fairly satisfactory, it was necessary on many days during
<br />the month to operate all of the floating equipment. :At times, however, we were not quite able
<br />to take c~re of ~he service satisfactorily. From about seven Ac I~ to seven p. M. during the
<br />month a shhedute of six minutes was maintained, excepting during rush periods when the fifth
<br />boat was used, at which time the schea~ule was more frequent.
<br />
<br />MAINTENANCE The usual ~Intenance was carried on during the month of August. The items
<br />worthy of mention are as foliows~ The ~teamev "N~w vn~, ~ ~o ~ ~o~,~ ~ .~
<br />
<br />
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