The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-03-06

be an available balance of Sl06, 4O5
for work on lateral roads and bridges
not included in the bonded system.
At the same ratio of increase, the
, assessed valuation for 1919 will be
s32.239,319, yielding without in
creased millage $257,914.55. De-
Quoting the same charges as before,
amounting to 100000 there will
be an available balance Of $152,914
for work on lateral roads and
bridges not included in the bonded
system.
These figures, remember, do not
include any increase in the assessed
valuation in the county by reason
of the building of 2l1 miles of hard
surfaced roads. but only the same
ratio Of increase which has accrued
with our present roads. What the
! increase will be after the proposed
system of roads shall have been built
and even during construction, is not
easy to compute but results from ad-
joining counties have shown in a
general way that this increase has
been tremendous.
Before closing this article, how
ever,it is necessary, of course, to
say something about the refunding
of the bonds, for which in the fore
going figures no provision has been
made. 1t is believed, as has been
said already, that the commission
ers favor the plan of making the
first bond of $780, 900 come due five
years after date and to take up $780,
600 every succeeding year until
twenty such payments have been
made, thus reducing the entire bond
issue in twenty five years from date
This plan will enable the com
missioners to have the use of the
following amounts, which is the bal
ance of the road tax each year, after
allowing for refund to Incorporated
towns and maintenance of con-
victs:
191S-$11,422.O0.
1871 37,035.00.
1915 6S.2S3.O0.
191S-106,4 O5.0o.
192o-152,914.00 or total Of
$37S.059.00 which, II properly Ok.
pended. ought to put In good shap,
every lateral road in the county.
In 1871, not counting any inereast
whatever in assessed value and with
the same income as the previoui
year, viz: $257.914.5B. there will
have to be provided an extra expea
diture of $80,000 for sinking fund
This will make the total expenoi
J lures $4,000 and the available
balance $92,s14.
This, 1t Is believed that 1t vii
easily be seen that the bond issu,
: can easily be financed even withou
! the increase Of single mill o
taxes over that now assessed Al,
that the lateral roads can also b.
tken care Of much easier than with
out Q bond Issue, because al Rilo
OF reads. needing expensive and con
slant repair, will b cut Of the wa.
for several years to come.
AbsOlste accuracy - not claimed
for the foregoing Agurss. but .
their basis has besa obtained from
an authoritative ssSres, the soa
struetivs iteas are apDrsxixatsl!
correct.
Oaly the Ds.sinisa will object h
the very Conservative estimate will
: regard 70 increased valuation a.
1t shsAA - veil uaGssssssA thA
r this iAsrsassA sasasaDAat will Ne
r come - naNh frea The iasSsass II
! valve q property new carrying
rsaseaabls Valuation - fron lAAA
= now assssssA at saly . few cellar
I PER acre which lAsk Il rsaAs are No
= Aow desirable fer Agricultural an
/ Asvslspnsat purposes.
, The taxpayer sAsald rs0s1te
} that his willingness - Day <A
, taxss. - which Tie absvs hsars
: are bassA. b net asksA. He b DAy
: ing Mills rsal tax Aov. He vii
r continue to pay that and mere with
! out . bsAA isss And while waitin
: until he comes to die for The see
, reads he dsdrss to u.s. new. fh
mill tar he 10 new DayiAg, .
I shown by the foregoing Asurss
S with sAly = very reasonable a.
e con ssrvativs seDsnSsae .. tks ia
ture, as shown BY the past, will tab
e care of the bond issue and all II
e other necessary obligations. The
: what Is the object of waiting?-
: Published by direction of the Pol
!, Good Roads Association.
: date for member of the Count
School Board of this district
T. I'll at -