The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1868-10-08
THE RAIL ROAD QUESTION.

CNCA OCCu W ChO NOoSAO Va SAAAH
village is to be voted upon on Thursday
the 22d day of October. Every person
is Immediately interested, and on this
account, if on no other, "a careful consider
alton of this subject, should be the aim
of every voter, so that he will be able to
cast an intelligent vote 1t is admitted
by all that our Village should have Rail
Road communication with the rest of the
world at as early a day as possible, and
all that is left for us to consider at this
time is whether the proposition submit
ted by the Rail Road Company is one
that should be accepted by our citizens.
In order to assist our readers in arriving
at conclusion we have prepared state
ment of the probable amount of taxes they
will be called upon to pay in case the
proposition is accepted Oh the day OF
election.
Our taxes, consist of state, county, vii
lage and school taxes. The assessed
valuation of our village the present year,
amounts to $1,575, 40. Of course this
valuation will increase from year to year.
but the state, county, village and school
tax will also be more, and for the sake OF
obtaining starting point to make an estl-
mate on, we will consider that our tax
payers will not obtain any relief-which
we think however will not be the case
on account of the increase of population.
From this stand point we will now make
our estimate of what taxes our citizens
will be called upon to pay this year, which,
we think, will be found as near correct as
possible in accordance with the assess
ment.
The State and County tax will amount
to So cents on every 500 Of the assess
ment.
The village tax will be about 33 cents
on every 500. We have estimated that
with an economical village government,
such as we are now having $4,000 IA year,
for the next ten years viii be sufficient to
carry on our local government. This year
however, this amount will not be sufficient,
as it is contemplated to pay the interest
on the Rail Road bonds that are now
outstanding.
The school tax for the first ward will
be $500 this year, which will amount to
about IS cents on every 800 of the as
sessment We consider that this amount
will be sufficient to sustain good school
for a number of years to come.
The I'd and 4th wards of the village
and portion Of the town of Manitowoc.
constitute a school district. The Board
has levied a tax of $500 for school pur-
poses, which will amount to about 80 cents
on every 500 of the assessment
The school tax for the Sd ward amounts
to $500 for this year. This amount we
consider not sufficient for the future and
hence we have taken $4,000 as the prob
able average tax that will be raised in
this ward, which will amount to sc cents
on every hundred dollars of the assess
ment.
In the above estimates for school pur-
poses any additional tax that may be
raised for building new school houses is
not taken into consideration. 1t is i'm
possible to figure up the probable amount
of street tax our people will be called upon
to pay, and so We omit that in our esti-
mate.
In case the rail road proposition is
accepted $4,000 in cash will have to be
raised. In order to obtain that amount
$l3, 500 will have to be levied, as
only about three quarters of the tax is
generally collected. To obtain this
amount about IS cents will be collected
OF every 500 of the assessment
From the above estimates it will be
seen that the tax on every 500 of the
assessment will be for the
FIRST WARD,
Sfato and County fay 90 *