The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1910-07-14
THE NEW LAW
ON TAX LEVY
COUNTY ATTORNEY MATHERS
SETS OUT PROVISIONS OF LAW
IN A LETTER.

Oll ldA ACNe AhN tt-N'N -
every county of the state will be
less this year than they were last.
County Attorney James II. Mathers
has addressed a letter to township
boards. school boards, etc. which
sets out the provisions of the new
tax levy law. His letter follows
TO the Township Boards. Board Of
Trustees in Incorporated Towns
and School District Boards of Car
ter County:
Dear Sirs-I desire to call your
attention to House Bill No. a.
which was passed by the last ses-
sion of the legislature, and which
will become a law on June 19, 1910.
This changes the old law in re-
gard to the levy for the townships,
towns and school districts, and also
changes the manner in which the
levy is to be made. A great many
of the township boards and school
district boards did not follow the
law last year, and. in order that the
same mistake will not occur again,
/ send you this statement.
The board of town trustees for
incorporated towns, the township
boards and the school district boards,
will all have to meet on the first
Monday in July, and make out an
itemized statement of the fiscal con
dition of their respective township,
district or town. They will also
have to make an estimate of the
current expenses and needs for the
year.
Your Estimate Shall Show
First. The balance of money on
hand from the levy of any previous
year or years, for current expense
purposes
Second. The estimated income OF
your respective district from all
sources other than advalorem tax.
alton. School districts must show
the estimated appropriations or in
come from the common school fund
for the past year and the distribu-
ton for the next preceding fiscal
year.
Third Your estimate must show
an itemized statement of the amount
of money necessary for the current
| expenses for the ensuing year.
Fourth. Your estimate must show
the amount of money necessary for
sinking fund sufficient to pay all
bonded Indebtedness, coming due for
the year.
Fifth. Your estimate must show
the amount of money necessary for
sinking fund to all interest cou.
pons falling due on outstanding in
debtedness.
The boards of all Incorporated
towns and all township boards and
all school district boards shall pub
lish the estimates which they have
prepared, in accordance with the
above, in two (2) issues of a weekly
newspaper, if a paper is published
in the township or town or school
district, but if no paper is published
in your township, or in your school
district, then the estimate as made
iby you shall be posted in at least
five t5) public places in the town
ship (f a township, and in the
school district (if a school district
and in the town (if the town has
no paper published), and the list
made by you on the first Monday
In July shall be published in the
paper, or if no paper, then it shall
be posted in five 90 public places
within five (5) days after the esti.
mate is made, and as soon as the
| publication or posting has been made
| for two (2) weeks, you will certify
the estimate which you have made.
| published or posted, to the clerk OF
| the county excise board which Is
the county clerk. You will also make
an affidavit to the publication. but
If you post the estimate, you will
have the person who posted the
estimates make an affidavit to tn
posting, and send the estimate and
the affidavit of posting to the cou,
| ty clerk at once.
The law changes the levy to be
made, as follows:
The township levy under the new
law, shall in no case exceed three
(3) mills.
The levy for incorporated towns
and villages shall in no case ex
ceed five 90 mills.
The levy for school districts 70
the support of the common school