The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-04-28
INCREASE IN TAX
RATE INDICATED
BY FIRST BUDGET.
Figure May Reach 81 per 500
or Even More, II Is Now
Feared.
ESTIMATE FOR THE POLICE
is NEARLY 10000 900
Schools Will Require Much
Larger Sum Than Formerly for
Salaries and Equipment.

Nearly ST. 600, 900 is asked for in the
budget of the police department, which
has been filed with City Comptroller j.
Henry Bachelor. In this amount is in
GUIDED an increase of $36, 900 for addi-
tons to the salary list, which totals
SITS. 900. The recent addition of fifty
men swelled the pay roll by about $780,
000.
This is the first of the department
budgets to be received. From now on
the Common Council finance committee
will hold informal meetings to discuss
the tax situation and take up the other
budgets as they come in. The depart
ments will be asked to get their esti'
mates before the committee at as early
a date as possible in order that the tax
ordinance may not be delayed.
The Board of Education, which will
have to take care of the increase for
salaries and equipment, is expected to
ask for about $2,250, 00o. OF this the
State will take care of about half, leav-
ing probably 1000, 900 to be raised by
direct call upon the people of the city.
This does not include the sum neces-
sary for new construction work.
Bonds TO BE Issued.
While 1t is estimated hat it will be
necessary to raise approximately ST.
900, 900 for the construction of new
school buildings that item will not go
into the tax ordinance. The Board of
School Estimate will meet on May Is
n take up the question. Then, under
a precedent established last year, after
the ordinance has been passed, bonds
Will be issued for the amount required.
There was a bond issue of this kind
last year, and this years ordinance will
include the interest and sinking fund
of that issue of 81, 300, 900.
There Will also a V to be an appro-
priation to take care of the sinking
fund and interest on the bonds issued
last yea to prevent a deficit in the
treasury owing to the hold-up of the
State school money.
LAST year the tax rate was $1.67 per
500 OF valuation. A big Increase is
feared for 1909. possibly as much as 50
per 800 or more. There is talk of rails
ing the valuations to 1906, 900. 900 this
year, an increase of 80, 100000, blu that
move is by no means certain.
Legislation Needed.
Newark is laboring under a handicap
oWiil6 ~ lie SyoicHl ny Wllltn Tie COSt
of construction work in the school de-
partment is taken care OF. There is i'll
the treasury more than 81, 600, 900 that
cannot be touched except as school
work progresses. That o draws 2
per cent. interest. In the meantime
there are outstanding $1,000, 900 of tenn
porary loan bonds, sold to provide
maintenance for the schools on which
the city is paying 4 per cent. interest.
In 1907 school construction bonds for
81, 185, 800 were issued. and in 1908 ST.
$50, 900. An effort Is to be made next
year to get legislation which will place
funds raised in this way In the general
funds of the city, subject to payment
on demand by the custodian of the
school moneys.
In the fire department a substantial
increase is also looked for. The budget
was $572, 900 last year, while to see the
department through this year it will
probably have to get almost 5000, 900.