The Bridgeport evening farmer., 1913-11-29
BIG FINANCING TO
 BE ACTED ON BY
 STAMFORD VOTER
Proposition To Bond The Town For $2OO, ,O0O One Of The
 EmE9rtant Matters.
STAMFORD
Special to Tne Farmer )

Special to The Farmer.) Stratford, NOV 2s.-The annual town meeting which is called for by the new 1 charter on election day and which was r Adjourned until next Monday evening to hear the recommendations of the Board of Finance promises to be of the greatest interest. The total fixed expenses as estimated by the Board of Finance are: First and Second dis. tricts, $76, 6,6T6.68; First district only $5.- TOO Of this $5.118.02 is for state tax which is collected this year for the first time Some of the items will not be regarded as fixed expenses by the voters if the discussions heard on the streets mean anything. The town building and fire house estimates are among those which will receive actten- tion It is believed that these may be materially reduced without injury to the town.
 The total of variable expenses are estimated at $17, 400 for the First and Second districts and $s50 for the First district alone. The total variable and fixed expenses for the two districts are $s4O76.6S. and for the First district $6.550.
 The board recommends the expendi- ture of $9O,o53-41 for permanent i'm provements These include a new school building on North avenue to take the place of the present Wash ington school, a four-room addition to the Franklin school, bridges, drains, new town roads, and state roads, some of which have already been ordered in town meeting. This brings the total of permanent fnproveme erltS and current expenses up to $190, 0,68o.Os.
 The estimated total receipts from regular sources is estimated at $10O.- 999. .39, which includes the taxes on fV-1% 7iexkn-i -i<,& 1I.5 Ia Second district at 14.2 mills. A bond issue of t$70O00 is recommended to GOV CT the deficiency.
 The Board of Finance also recom- mends that per cent coupon serial bonds be authorized by the town of Stratford to the amount of $200, 900 to be issued only for the following pur- poses and amounts, said bonds to De sold at such times and at such prices as the Board of Finance shall deter mine:
 To pay the outstanding demand notes, $45, ,150.
 To pay all of the present time notes and bonds of the town except such notes and bonds as shall be paid when due from sinking fund, $57, ,000.
 To pay for permanent improvements for the year ending Sept. 1, 1914 s70,- oOO
 To provide for permanent improve
  also discount in sale price of bonds, $27 ,85e. #A
 The call for the meeting states: Said bonds to be known and desig- mated as Serial Refunding and Inr- provement@ Bonds Authorized 1913 of the Town of Stratford. Conn To be payable in serial order at the rate of $6,0OO per year beginning August 1, 1925. To have interest coupons at tacheds payable every six months be- ginning Feb. 1. 1915. Principal and in terest to be payable at such place as the Board of Finance shall determine. Said bonds to be signed by the first selectman, town clerk, town treasurer and three members of the Board of Fi- nance.s All other provisions for the is- sue of said bonds to be determined by the Board of Finance. Said 7 bonds shaIF state therein that the town of Stratford shall provide from taxation a sinking fund of not less than $6, GOO per year, beginning August 1. 1915, to be used for the sole purpose Of retir- ing the present floating and bonded in- debtedness of the town of Stratford and the above mentioned .refunding and Improvement bonds
 The Board of Finance further rec ommend that per cent. coupon 10 year bonds be authorized by the town of Stratford to ethe amount of $4O,00O for the sole purpose of providing funds for the purpose of paying current bills in anticipation of the receipt of taxes. Said bonds to- be known and designat- ed as Tax Fund Bonds Authorized 1913 of the Town of Stratford, Conn., to be due and payable August 1, 1924. Said bonds to have interest coupons at tached and payable every six months Beginning Feb. 1, 1915 Principal and interest to be payable at such place as the Board of Finance shall deter mine Said bonds to be signed by the first selectman, town clerk, town treas urer and three members of the Board of Finance. All other provisions for the issue Nof said bonds to be deter mined by the Board of Finance