Evening journal., 1920-05-27
No TAX RATE
CHANGELIKELY
loontlnued From Is Page.l

AttuhlAAtu IIONl iHnN 'CNTf
s.. $4,000. It therefore has been a
question whether to raise the tax
rate to meet the increased demands OF
the city. 10 cut the appropriations
asked for. or 70 partly raise the safe
and partly cut the appropriations.
For two weeks the finance COM
mittee has wrestled almost nightly
with the problem, and after deep
consideration has come TO the con-
cluslon that In view Of the increases
made in assessed valuation, which
bring In the added revenue OF S247,-
coo. il would be unjust to further
increase the tax rate In addition
In this the committee has consid-
cred that many residents In the city
have purchased home properties at
inflated values. They, therefore, have
planned their own personal budgets
for the coming year in the presump-
tion the city tax rate would remain
as IL now is Here question OF the
business outlook In the country for
the coming year has entered as a
factor, and a most important one.
should a depression In business set In,
scores, IL not hundreds OF small prop
eriy owners, who are buying homes
on the installment basis, with only
a small percentage OF money down,
would be in dire straits TO meet their
bills and payments.
10 Is this condition the finance com
mittee desires 10 prevent, should such
an occasion arise. The members feel
that 10 Is their duty TO protest the
p ] aN..a. 80 a
well 0s all other tax payers.
Then. too IL Is probable authorize
iion for a bond issue OF S2,0OOOOO will
be asked Of the State Legislature
when 1t convenes in regular session
next fall. This bond issue Will largely
, be for school buildings and plant
Such will tend to ease up the schoo
What sum. II any, win be derived
from the levy OF new taxes undel
, Senate Bill No 9. which has passed
the Legislature. but has not beer
81 signed by Governor Townsend. is en-
/ tirely discounted by the committee II
! It's plans. This is due to the dispute
b. as 10 whether the bill has been legal.
Q enacted into statute without "
r governors signature. and to IN
- farther question OF whether ih'
S Iegislatiire will pass the substitute
% proposed by the governor intended u
project outside corporations whicl
Z obtain charters IN Delaware from loca
r Members OF the finance committee
who were seen this morning, were 1
agreement that the present tax rat
T was probable. Several admitted ther
, mighi be possibility" OF a raise, bu
! mo leaders virtually were a unit 10
y the present rate.
Al the meeting Of Council tonigh
4 In regular session, the finance com
mittee will present a report contain
ing an itemized table, showing IN
revenue expected during the hScs
vear nv the city: also The appropria
y lions which the committee mas deter
q mined 10 allow the various depar
I. ments. Then win come a recommei
"A dalion fixing the tax rate.
n In quitting down the appropriation
4, for Tho various departments, the OIL
y hoe ionued on one $500 600 chur
- fron fhp school estimates by elm
"a inaflnr the item Of that amount pr
n vidihg for the buildims OF a ne
school In tha Twelfth Ward, and u
y tended 30 care for The growing nun
a ber OF children at the Union Pai
q Gardens and vioinsly.
y y Hosnisver, this school II Is prom
y ssed shall be cared for when q
Y 100000 bond issue is floated In U
e fall =,
n Again no provision is made for y
I. construction OF the sewer to reancc
a Inc bad water conditions due TO
I leak i'm thp pipe under Inc Brand.
L wine near the Bancroft mills. IL
I planned. however. 10 fnd some ren
d cdy for this separately fro mthe gel
eral budget.