The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1900-07-24
NEWARK'S TAX RATE.
City Figure Fixed at 1924
After County's was Given
as .6783

Especial to 1.-THE Jersey City News."l
NEWARK, July "a, 1900.-The County
Board of Assessors met in the Freeholders'
room at the court house yesterday to hear
the returns of assessable property rs
found throughout Essex county, and also
to determine the county tax rate for 1900.
The opening session was not characterized
by the usual squabbles and acrimonious
debates, SO little time was lost in the
preliminary matters
The board was a little late in starting,
and after the calling of the returns was
finished recess was taken, and the FIX
ing of the tax rate was put off until the
afternoon.
During recess the work of figuring out
the tax rate was done, and immed.ateiv
upon the board reeonvening in the after
noon it was reported that the rate upon
the face of the returns made was .67S3 on
every s100 of returned valuation for coun-
ty purposes. Without any further discus
sion the rate was fixed at that amount,
making an increase of .0117 over last year,
when the amount was .66O6.
The city Tax Commissioners met i'm
mediately after at the City Hall and fixed
the city rate at 1924, an increase of twelve
points over last year. The figures were
arrived at by deducting $4,000, received
from the return of polls, from the tax
levy of s2,367OOO. The actual tax rate for
city purposes was sl.56l7, which with the
county rate of .67S3 added, made the $2.24.
When the meeting of the County Board
was called to order Commissioner Philip
Lowy, of this city, was elected chairman,
and Assessor Frank O'Connor, of West
nv.o,,
then proceeded with the calling of the re-
turns.
When the returns of Bloomfield were
called for it was announced that the as
SCISSORS were not ready to make a report
1t was explained that when that munich
pality became a town an entire new
board of assessors was appointed.
The board at once began to make a new
assessment of all the real and personal
property in the town, it was stated, and
although it had worked day and night the
report was not completed in time for yes
terday One of Bloomfield's representa-
tives suggested that a committee be ap-
pointed to decide upon a reasonable in
crease.
ID. c. Whitman, Jr. of East Orange de-
clared that the board had had similar
situations to contend with before, and
he was not in favor of the suggestion
made. II move,'' he added, that Bloom
field assessments be increased $l50000 over
last year.
Chairman Lowy replied that the in
crease could not be made in that way, but
proposed that committee of five be ap-
pointed to fix Bloomfield's valuations. No
objections were made to this plans and
after the other returns were received the
committee retired to consult with the
Bloomfield assessors. In a short time they
reported the valuations to which no OBJ
jectons were made.
The returns show total net increase
in valuations of all the real and personal
property in the county of s6S67,5 ,595. The
total increase last year was IS, ,4S6, 70S, a
difference of s1,619,113. Of this years in
crease Newark furnished s4,479494 and
the remainder of the. county $2,3SS, ,101.
The list of Newark's valuations were as
follows: Real estate, Sis, 1889, ABS; personal
estate, including bank stock, $31, ZIG, 725;
indebtedness, $1,271, ,655: total, s14S, ,SS4, sos.
The totals of the rest of the county were
as follows: Real estate, $56, 6,116,375; per-
sonal estate, s6546,476; indebtedness,
81, ,691 015; total, SCI ,971, ,S26.
AS compared with last years statement,
the city shows an increase of real es-
tate valuations amounting to s1,sG3, $40,
while the personal property has increased
50, ,664, ,512 On the other hand, the amount
of exemptions falls ,072 below what
was sworn off the assessments last year.