Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1860-07-28
(CoMnunicA5rp.l

caiieo upon on tuesday next to decid
whether Or not they will exempt the i'm
provements in the city, in order to enabl
the City Council to levy tax Of one pc
cent. upon the real estate, for the yea
1861 propose to submit the following
that the electors may fully understand III
true position in, which the financial affair
OF our city viii be placed, in the event Z
an affirmative or negative result Of tn
vote.
The total valuation Of property il
Sioux City. according to the
Assessment Of 1861 was .xses so.
| " Aovo, ..... .25l ,296
1859 over 1850, nj 6
Revenue under assessment Of 1885, was 81 aos
oflSG0, is.........e2s 2
OF 1908 over ls6o, ."......"......--.-.s7s0 s
| Should the Improvements he exem pied
then we have:
Total assessment for 1850, so51 oe6 a
Less improvements exempted, a. 1856
Taxable property Tor 1860, ...... 81 "a. Gus 4
" this amt the personal propty ANTS ss.s72 ,saG~
Total value Of real esta.s..... 81; 70 y" ~
Al per ct. will yield revenue Of. lsI oS
s7's' a. personal property, at ~ -
Total revenue for 1890. '."..-rrr'' sl'S2' 81
From the above il, MI be seen that,
when the improver,nts are exempted, the
revenue for lsse~il exceed hat of 1859
only slls 81 I will not occupy your
space wit, figures upon the proposition Of
a taxof one and onehalf per cent, only
to lay that, from an examination, / find
that such a tax would give revenue O.
s.. 200 38-more, think, than is needed.
1t is argued by those opposed to both
propositions, that s62s 2! is sufficient to
carry on the city government, and, if not,
the government had better be discontin
ued As to the amount being sufficient,
it is absurd to suppose that Maso,S
| twelve Aldermen, Marshal. ~" f"''' GNU
,o,aor and II. -.n.ing, books, stationery,
.nu other necessaries, furnished for any
such sum.
1t will do for croakers to argue thus,
but before the end of six months, they will
be surprised to find city warrants depreci-
ated to forty or fifty cents on dollar, and
the city in debt over one thousand dollars
Then, | doubt not, they would ask to have
the city vote to repud.a,e its indebted
ness.
1t must be apparent to every candid
mind, that, to do away with the city gov
ernment at this time, would be a most So.
icidal measure. Oar streets are ia de.
plorable condition, and there are many
other Improvements essentially necessary
to the health and prosperity of our city,
which we cannot have if the government
is abandoned. | notice, as is usually the
case, that the persons who talk the loud
est against the propositions, are those who
petition to the Council for improvements,
more than any ono else.
Could there be anything that would
injure Sioux City more than to have i. go
abroad that we are unable to supper. a city
government, at cost of 1900 Year,
| should infer, from what have heard
insinuated By some members Of the COM,
ell, tEat, unless the citizens allow them to
levy tax sufficient for the necessary ex-
penses, it will be difficult to get a quorum
hereafter Were member of the City
Council, | should most assuredly do my
utmost against continuing the government
without revenue.
1t is also stated that the present City
Council went into power with surplus in
Inc Treasury Of about 5000. That this
is an unwarrauted assertion, propose to
prove BY figures.
The following statement Of the condi-
ton Of the current fund, was publish he'd in
the Register, of 9th May last On MAY
lst, 1860, there was still due,
On delinquent tax of ls5s................ s,o3 IS
Due on assessment Of 1859, ...-........... sis 10
Total resources Of curfent funa,... Sl2ol Il
Amount of warrants on current fund still
outstanding and uncsneelied........... sG2s %
Resources of current fund over liabilities,
May LIST, 1860, ............. s64l os
OF course this amount must be collect
ed before it is available, and probably it
will not all be collected this year. Since
May lst, 1860, there has been issued on
current fund about s6l4 90, which taken
from S64l Oh, leaves resources Of current
fund, at this time, S27 G3.
EXEMPTION.
ASS~ -
from the Clev Gland Plaindealsr.l
The American Party in Chic Boiling