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The tax collection record of the city of Las Vegas, which will buy the major part of the water, is as follows: CITY OF LAS VEGAS Tax Year Taxes Charged to Tax Receiver Current Taxes Collected to 1st Mon. Aug. Current Taxes Uncollected 1st Mon. Aug. Per Cent Uncollected 1944 $ 468,216.46 $ 468,204.49 $ 11.97 0.003$ 1045 536,754.36 536,670.56 63.80 0.01 1946 801,896.05 800,947.01 949.04 0.12 1947 960,604.81 949,946.39 10,658.42 1.11 1948 1,113,869.57 1,093,013.55 20,856.02 1.87 1949 1,145,281.24 1,127,402.79 17,878.45 1.56 1950 1,238,552.51 1,228,073.60 10,478.91 0.85 1951 1,401,699.79 1,381,939.27 19,760.52 1.41 1952 1,592,281.75 1,572,094.02 20,187.73 1.27 Direct and Overlapping Debt: $ Debt Applicable January 2, 1954 Clark County 81.720$ $ 1,071,349 Educational District No. 2 89.460 2,065,631 Las Vegas Grammar School District No. 12 100. 2,597,000 Paradise School District 100. 492,000 City of Las Vegas 100. 1,879,000 City Special Assessment Bonds 100. 948,219 Loans: Clark County 81.720 89,892 Educational District No. 2 89.460 21,470 Grammar School Districts 100. 48,000 TOTAL OVERLAPPING DEBT $ 9,212,561 Las Vegas Valley Water District (to be sold) 8.700,000 TOTAL NET DIRECT AND OVERLAPPING DEBT $17,912,561 Ratios to assessed valuation (180.081.742): Per capita (estimated population 65,000): Overlapping Debt 11.50$ Assessed Valuation $1,232 Direct Debt 10.86$ Overlapping Debt $ 142 Total Direct & Overlapping Debt 22.37$ Direct i Debt $ 116 Total Direct & Overlapping Debt $ 276 Authorized and unsold bonds: L.V.V.W.D.»s share Education District #2 $2,500,000 $2,236,500 Las Vegas Grammar School District #12 1,750,000 1, 750,000 Henderson School District 560,000 560,000 City of North Las Vegas 260,000 260,000 21