Perth Amboy evening news., 1923-03-01
OFFICIAL RATE
NOT READY But
INCREASE SURE
New Brunswick to Show De-
crease While Amboy Rate
viii Get Big lump
SEE VALUATIONS GAIN
Increase in County of $6,-
250,000 Over Last Year, is
Present Outlook

NEW BRUNSWICK, March
IAN increase of eighteen
points in Perth Amboy's tax
rate and a decrease of eleven
points in New Brunswick's tax
rate for the present year as com.
pared to the rates for 1922, is
indicated in the preliminary and
unofficial figures obtained from
the county board of taxes and
assessments yesterday afternoon.
These rates are based on the ass=
/ parent county and state rate of 81 n
/ tax per each hundred dollars or vai-
uatIon, which is an increase OF ore
cent over last years rate. Thevs
seems to be small likelihood OF aay
change in this figure, though there
IS possibility Of the rate varyins
one point either way after all Iocai
tax duplicates have been checked nE
by the county board.
The total valuations of taxable
property in the county are expected
to show an increase of $3.50 0e3
over last years total, which viii
have tendency TO hold the tax race
at practically last years figure d.
spite the fact that the requirements
of the county demand that a arg n
amount Of money be raised BY tax
alton than was raised last year.
For each 500 of valuation tue
city Of Perth Amboy will collect
S5.S1 in addition TO the county ana
state tax of s1.24. or a total af
4 5-
rate, S4.37 by eighteen cents indi.
Gated increase.
This rate is based on the citY s
1928 valuation Of S37,5S7,57S. whicl
is an increase over the 1922 rata
bles Of s1,00000o. The total to be
raised by taxation during the pres
eut year to meet the city's require
ments will amount to s1.246,957.40
of which $415,665 will be for the
maintenance OF the public schools.
In addition To the general taxa
ton there is the bank stock tax
to be paid by the financial institu-
tions Of the city Of which one-haE
goes to the state and the other half
amounting to s4,190.35 reverts back
TO the city.
New Brunswick with a total val
uation this year OF s29. .S09,a9o VIII
raise by taxation a sum considerably
lower than that required il Perth
Amboy. The amount to be raised
in the county seat town will amount
10 sSSl,057, OF which amount S1z5.-
600 goes TO the maintenance Of the
paid fire department.
Though the county board had hop
ed TO announce the complete list Of
tax rates for the county soday. they
I have been held up and seriously
handica ped in the matter due to the
failure Of a number of municipal
tiles to file their local and school
budgets. Secretary Frank NJ. Deiner
expressed the belief yesterday that
the rates could be arrived at abous
the middle of next week If the de-
lirquent municipalities will forward
their budgets to his Office this week.
Every possible effort has beer
made by the county authorities to be
in a position TO certify the various
rates back 10 the collectors of the
various municipalities so that the
I sending out OF tax bills would no. De
delayed. While the tax rates are not
required until the first of April it is
the intention of the tax board 10
expedite matters so as to cause no
! inconvenience 70 citizens desirous Of
appealing from their assessments.