The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-08-20
53-CENT TAX
LEVY FOR 1880
FACES COUNTY
Advance of 22.5 Provided
in Budget Going to
Council.
TENTATIVE TOTAL 1929
institutions and Desire to
Avoid Borrowing Is
Cause of Boost.


faced with an unprecedented county
tax rate for 1880 of So cents on each
800 worth Of taxable property,
which, combined with probable
rates for other governmental
branches, threatens to boost the
total rate to 1929.
The high county rate was an
nounced today by County Auditor
Harry Dunn when he completed
compilation of the new budget.
Dunn said a deficit in county funds
and an increased free gravel road
fund were the two principal reasons
for the boost.
The present county rate is 31.5
cents.
County council members will meet
Sept. 4 to consider the budget and
rate, but this session is not ex-
pected to result in any large reduc-
tions.
Other rates, now under consid-
Grafton, entering into the total rate
for Indianapolis taxpayers, are {:
City, Sill; school city, $1.35, and
state, 30 cents, aggregating 1929 on
Center township property. The rate
now in effect is $270. A 30-cent
state tax rate would represent a
7-cent increase over the present
state rate.
To Avoid Borrowing
Dunn ascrihed the tax rate in
crease to the determination of the
county to meet running expenses
through the budget, and not by
borrowing money through issuance
Of bonds.
County institutions support of the
Orphans Home and state benevolent
institutions all show an increase for
1880, and, according to Dunn, con-
tribute to the tax raise.
Chief among these is the Riley
Memorial hospital, for which 500, 900
is asked. In 1929, Dunn pointed out,
the Orphans Home and benevolent
institutions requested S75, 1000, while
in 1880 they seek 100000.
Raises in various county funds
follow: General fund, 27 cents,
raise of 13 cents: sinking fund, II
cents, raise of SIS cents; tuberculo-
sis hospital, cents, raise of 3.5
cents, and free gravel road fund, 5
cents, raise of 2.5 cents.
Valuation Gains $4,000, 1000
The total county property valu-
alton for 1880 is estimated at $780,
100000. This year the valuation
was S78O,OO0000.
Due to temporary loans pending,
and to provide a balance for Jan.
l, 1881, so temporary loans will not
have to be issued in the future, an
additional levy of IS cents is re-
quired, Dunn said.
On Jan. l. 1929, due to a 14-cent
levy cut by the county council and
state tax board on the appropria-
tion. for 1929, deficit of $74,195 re-
suited. To this is added 1851 1881
appropriation made in 1929 and a
temporary loan Jan. l, 1929 Of $780,
900 which was to have been paid
before June l. The county has
been unable to pay these loans and
a balance of 100000 at 6 per cent
is still unpaid.
An additional loan dated Aug.
for S350,000 was required to finish
out the year. Still another temper
ary loan will be required June l
1890, amounting to S350,000 to care
for running expenses.
Salary Increases Asked
Different county offices have re-
quested salary increases amounting
to s5s.475. The biggest of these Is
in the treasurer'S Office. where al
additional $4,000 is asked for new
employees recently added to the stan
School board members are meet
ing this week to reduce the proposed
$l.35 rate. Under this figure tht
school city income would be in
creased S2.500.0O0 next year, al.
though If the present S1.02 rate hac
been retained, an increase OF abou
s1.350.000 would have been realized
due to increased valuation of In
dianapolis property.
The 1880 school building program
Of about S1,0o0.0Oo, if permitted tC
stand, calls for an increase Of 1:
cents. Increase IN the number Of
teachers and their pay will accoun
for s cents of the levy, if approved
school officials said.