The weekly Iberian. (New Iberia, La.) 1894-1946, 1913-08-30
i'O.al

Te:le and Grand Lake. 10000
Total ....&2 54 600
The scheme, If carried out,
would kill the :, mill tax, imposed
for the retirement Of the water
aud light bonds. The City Ad
nlinistratiOu will also seek a re-
lease Of at least one mill Of the I
now imposed by the Police Jury
for criminal expenses. The claim
for the recession of this part of
that especial tax is based upon "A
showing that New lbeIia'S crimI-
nal expenses are far below the
amount collected by the parish
for that purpose. Ii may also be
shown that when the rate of 1
mills was assessed for criminal ex.
penses. the assessment Of the city
was but little more than half Of
the present assessment. While
the city has doubled Its asse-s
in-nt, the cost of Furnishing Of
tenders against the .'peace and
dignity Of the State,' originating
IN this city, has hardly been III
creased At all. Again, the collec
ton Of this tax, in excess Of the
expense to the Parish for the pun
ishment Of attractions Of the law,
originating in this city, operates
double wrODg-it represents a
greater amount OF climinaIity in
this city than the facts warrant,
aud it is in violation Of the city
charter provision which exempts
city property from parish taxa
ton. Both equity and the law
would warrant the City Council
seeking the remission by the Par
ish authorizes such part Of the
Criminal Tax imposed npon city
property az may he in excess IF
the amount that may be Necessary
TO secure the punishment Of viola
tons Of the State laws, where
such acts are committed within
the city limits.
From the foregoing it is appar
ent, az the promoters present il,
that 4 six mill tax could be voted
BY the people to float . bond il
sue OF s25O,O00. This would in
crease the city tax rate from 81 ta
81 mills; but the voting Of til. 4.
mill general improvement tax
would wipe ont the 3-mill waite.
and light special tax: aud, if the
criminal tay can he reduced b,
one mill, this would take lniIl.
of the q, leaving it 33 mills 70,
all pnrpOses-an increase Of 0Dlj
two mills above the present rat.
Their most forcefui argumen,
rests in the tact that by increas
ing the present tax rate only !.
mills it would be possible to effec'
4 genera! improvement bond is.
>ne of $3.50, 600, to be paid off il,
10 years. The above sum of
money, properly expended. would
amellO,ate present condition,
very much and give as a modern
up-tO date city.
The six mill tax on an asses.
ment Of TWO aud a half millions al
doIlars would give an annua, rev
enue Of $1,000 The interest, a,
pei cent. on quarter million.
dollar bond issue, would affoun,
% 81, 500, leaving, the first year
r. 500 TO go 10 a sinking fnnC
or 10 the refinement Of bonds
Ii the latter course we're followed
closely, every year retiring a,
many bonds as the surplus wonlc
permit. at the end Of the Seth
year there would be in the sink
ing fund 3 surplus of app,oxi
ma,ely $4,000 This result i.
obtained on the hypothesis thai
the city assessment wonld not l..
increased above The - 800 OtN
dur ~ The entire pe,i"h Of 4,
yeats. But, as a matter Of fac:
the c,,y's assessment was abon
doubled la the past ten years, ant
it would be but reasonable to tx
prct very substantial increase,
during the coming four decades
Any increase in the assessment
you'd have the influence Of in
Creasing the General Improve