The Tax Rate Is Lower Than It Was Last Year

City taxes in Ann Arbor this summer will be 37 cents on $1,000 valuation lower than last year. They would have been still lower, but for the deficit in city funds that it is necessary to make up. The city tax this year amounts to $72,050, this includes the amount raised to pay bonds. The tax rate this year is $7.20 on $1,000 assessment. Last year it was $7.57.

It is doubtful if there is any city of Ann Arbor's size in Michigan that has as low a tax rate. The Argus has noticed none less than $10 - Jackson's rate, for instance, is $11.

The total assessed valuation of Ann Arbor is $10,011,403. For the first time Ann Arbor passed the ten million mark. The assessed valuation of real estate is $7,243,970, an increase of $209,665 over last year, and of personal property $2,767,433, an increase of $92,356 over last year. the total valuation is $10,011,403 as against $9,709,382 last year, or an increase of $302,021.

The valuation for 1903 by wards is as follows:

                                        Real             Personal         Total

First ward ..................$1,943,750         $ 766,415    $ 2,710,165

Second ward.............      987,425            547,075       1,534,500

Third ward.................      956,920            269,490          926 ,410   

Fourth ward.............    1,064,550             692,003      1,756,553

Fifth ward................        147,525              87,750          785,273

Sixth ward...............    1,256,800             291,825        1,548,725

Seventh ward..........    1,187,000             162,775        1,349,775

                                    _________          ________    _________

Total.........................   $ 7,243,970       $2,767,433   $10,011,403