Milford chronicle., 1922-06-09
BOOST TAX RATE
In KENT COUNTY
INCREASED FROM FIFTY TO SIXTY-FIVE
CENTS BY LEVY COURT TO CARE
FOR SINKING FUND.
REVENUE WILL Be S259, 1886
THIS IS AN INCREASE OF IS CENTS OVER
The PRESENT YEAR-TO PAY OFF
ROAD AND OTHER BONDS.

At a meeting of the Kent County
Levy Court last week the county tax
rate for the next fiscal year was fixed
at % cents on the $100 of assessed
valuation. This is an increase of Is
cents over the present year. This in
crease is made necessary to take care
OF the sinking fund by which means
the good road and other bonds will be
paid off. In the sixth district the tax
rate will be sc cents, the extra cent
being for road purposes.
The assessment for 1922, was pre-
sented by the County Assessment
Board, showing increase in real estate
values of $SS3,147 and a loss on per-
sOnal property of $194,358 or a total
gain over last year of S1SS.889. The
gain on capitatiOns was 247. Follow
ing is the complete list of the assess
ment by districts for capitation, real
and personal property:
First district, capitations, 1881; real
estate value, $2,SO2,72O; personal
property value, $1S8,576. Total ST.
41,196.
Second district 300 capitations,
real, $S,254,875; personal, $17O,757.
Total, $S,425,632.
Third district - 4S capitations;
real, $2,S27, ,4OS; personal, $2O5,944.
Total, $685. ,437.
Fourth district - Capitations, 644;
real, $1,9O2,242; personal, $16S,1O9.
Total, $2.O65,351.
Fifth district - Capitations, 1909;
real, $S,414,5O5; personal, $S9,745.
Total, $S,454,25O.
Sixth district - Capitations. 629;
real, $1,611, ,267; personal, $177,69
Total, $1,788,962
Seventh district - Capitations, go;
real, $2,713,615; personal, $104,S46.
Total, $2,818,461.
Eighth district - Capitations, 9O5;
real, S2,404,400; personal, $24,975. |
Total, $2,529,975.
Ninth district - Capitations, 1892;
real, $2,690,O41; personal, $18S, ,264.
Total $2,S73,305
Tenth district - Capitations, 951;
real, $2,359, ,462; personal, $1S5,445.
Total, $2,494,907.
Total capitations, 9073. Total real
value, $25,4S0,620. Total personal val
ue, $15,442.58. Grand total, $26,924,-
87S.
The budget for the year as prepar-
ed by the Court on the above assess
ment is based on the following for
each district, at the rate of 65 cents
for all districts, except the sixth dis
trict where the rate is fixed at sc
cents.
First district, $19,117 with capita
tion tax aggregate $2O,198.79; second,
S22, ,266.61 with capitation, $23,075.61;
.hird, S16,467.34, with capitation, $17,- .
1904; fourth, $13,424.78 with capita
ion $14,O68.78; fifth, $22,452.63, with
,apitation, $23, $685. sixth, $1,807.15, :
With capitation $12,436.16; seventh, 1
18,920.00 with capitation $19,230.00;
Eighth, $16,440.94 with capitation $17,- Y
45.94; ninth, $18,676.48 with capita c
ion $19, ,768.48; tenth district 16,216.90
With capitation 7,167.9O. Total, 1884, 7
1882. s
Balance General Fund December 1,
921, $27,991.92; Special fund, Decem- =
er 1, 1921, $9,2SO.46; estimated Re y
eipts county offices, $21, 100000; mis-
Mothers Pension, $4,000; a
ood Roads Fund, $4,000; total of N
100000, making a grand total of G.
259,5S6 revenue expected for the
ext fiscal year. v
Inc rate is as follows. 0O c6uLS OH W
LOO for general purposes in cluding n
mixing fund; 10 cents, road purposes;
and cents, special road purposes. al
The expenditure of the budget is n
Dportioned as follows: al
General fund, $1O1,563; General
DAD Fund, $4,000; Special Road I'M n
'ovement fund, $4,000; Bonded In NJ NJ
Fund, 100000; Poor Fund ~ ~
$4,000; Outstanding y
arrant Fund, $1,000; Witness and N,
Try Fund, $4,000. Making a total of ca