The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1916-03-07

pe an available balance Oh SlU0,fUo
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 $105,000 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 I'll 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, 10 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 IL necessary, Of course, to
say something about the refunding
Of the bonds, for which In tie fore
going figures no provision has been
made. 1t IL believed. as has been
said already. that the commission
ers favor the plan of making the
first bond of $1,000 como 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 fer refund to Incorporated
towns and maintenance of con-
victs:
1916--$11, 1890.
1911 37.035.O0.
1915 6S,2S3.OO.
191S-10s.4o5.0O.
192o-I52,S14.0O or total of
$s7s.059.00 which, II properly ex-
pended. ought to put In good shape
every lateral road in the county.
In 1891, not counting Any increase
whatever In assessed value and with
the same income - the previous
year. viz: 32S7,s14.SS. there will
have to be provided a extra e1pea-
diture of 10000 for sinking fuAd.
This will make the total sxpsati'
lures $4,000 aAd che available
balance 3s2,s14.
This, it 10 believed that 1t will
easily be seen that the bond Issue
eal easily BE- financed even without
the increase Of sinsls mill u
taxes over that now assessed And
that the lateral roads can also be
tken care Of much easier than with
out bond issue, because 211 miles
of reads. needing expensive and con-
stant repair, will be cut of the way
for several years to come.
Absolute accuracy lie not claimed
for the foregoing figures. but as
their basis has been obtained from
an authoritative source, the COZ
struetive items are approximately
correct.
Oaly the psssinist will object to
the very conservative sstinats with
regard to increased valuation and
1t should 10 we'll un6srstssd that
this increased aasAsemsat will net
come 90 much fren The Increase In
valve Of property new carrying .
rsassa abe valuation - fren lead
now Assessed at saly . few dsllars
Per acre which hsk Of reads are net
now desirable fer Agricultural and
dsvslspnsat purposes.
The taxpayer sAsAld remember
that his willingness to pay the
taxes. On which Tie above figures
are based, 10 net asked. Ne d pay
ing mills read tax hev. Ne will
continue to pay that and mere with
cut a bond issue and while waitin &
until he Games to die for the good
roads he desires to use new. The
mill tax he is new paying, as
shown by the foregoing figures,
with emily a very reasonable and
conservative dependence on the flu
ture, as shown by the past, will take
care of the bond issue and all the
other necessary obligations. Then
what is the object of waiting?-
Published by direction of the Polk
Good Roads Association.
date for member of the County
School Board of this district.