The Coolidge examiner., 1944-01-28

was the unanimous opinion of the
three committee members, DR.. r.
V. Campbell. Roland Fay and Ben
Arnold and was concurred in by
members of the board of directors
of the civic group.
The committee. charged with in
vestigation of fiscal matters con-
cerning Incorporation, found Cool
idge Is assured of a total revenue
from excise taxes and other mon
les amounting to $17,4O0 annually
while the initial budget of Cool
idge following incorporation would
not exceed $4,000 leaving $4,000
to be raised by direct taxation.
Services and costs which would
be included within the $4,000
budget would include $4,000 for
the fire department; $500. po7
lice; garbage disposal, $500;
street cleaning and park mainten1
ance, $4,000: city clerk and city
Judge. $4,000; office rental, 5000
capital outlay, $4,000 and contin1
gencies and miscellaneous, $4,000,
This latter item would include at
torney's fees and organizational
expense. Anticipated revenue
would include $4,000 from state
sales tax; $4,000. police court
fines; $4,000 auto lieu tax and
$4,000 occupation tax.
OF the $500 necessary to be
raised by direct taxation $4,000 is
presently being raised with tax
rate of .4504 per 500 of assessed
valuation for the operation of the
fire department, leaving a net I'M
crease Of $500 to provide all o
the Immediately necessary servic|
es of an incorporated city.
Based on a gross assessed valu
alton of s1.014,797 the total esti
mated tax rate which would b{
paid by Coolidge taxpayers whe1
incorporation is completed is $.965
per 100 dollars Of assessed valua
ton. This figure includes th'
present tax of s.4504 now in effec
for the fire department or ne
rate of $.5153 as the result Of IN
corporation.
Reduced to the effect Of incoi
poration on the average Coolidg
homeowner this example illus
trates probable cost:
Assessed value Of home S 10000
Present fire tax rate
cost i6 ---........-.---.--...- Of
Total cost Of operating
necessary municipal
/ services ....-...... s27,20O.o
Less estimated revenue
from sales tax, auto
lieu tax, occupation
tax and police court
fines ........-...--....-.-...-... $4,000
Amount to be raised by
direct taxation on tot
al assessed valuation
Of $1,014.797 .-...-.- 9,SOO.(
Tax rate, inclusive Of
present fire district
rate per 500 of as
sessed value ...--..-----.-. $.S6l
Total cost per $500 -.--...--..- $14.
Less present fire dis
trict cost ......--..--......-.-.. D.
met estimated increased
tax rate occasioned by
| incorporation. .....--.-.-... ) Z.
| Following presentation to t
chamber Of commerce board of
lrectors Tuesday night the repc
Twas concurred in unanimously a
Iagreement reached to select
committee charged with circul
ling a petition of Incorporation
1.-THE monthly meeting OF the cha
Der OF commerce February 14th
| at that time 1t appears to the
lie group that immediate incorp
alton is the will and desire of
majority Of Coolidge citizens
All members of the board
directors of the chamber OF &C
merce Joined in expressing
hope that Coolidge citizens woI
advise J. J. Jones, secretary
the civic group whether or
they favor incorporation either
letter or in person between n
and the February 14th meet
and a general invitation to all
terested persons to attend
meeting was extended.