Illinois News Index

Wilmette Life (Wilmette, Illinois), 9 Mar 1933, p. 1

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Analysis by President of Board Indicates Rate Here Lower Than, Average Dy Otto X. Barmett, (J>reside;t,. Board of Bic.i,,Nev.v Trier Tozmshtip Jligh Sdsolol) A recently Published anlalysis of tax rates in New Trier township mentions the increase ini the, bigh school tax rate for 1931 oyer its Tate for..1930. Accordingly, the, following is sub- mitted :for the ýinifortmationi of our taxpayers: In,.1931 -a bond issue of $875,000 was aütborized by popular vote for much needed enlargemnents of,our present equipment. 0f this autliorized issue $661,000 bas been disposed of, involv- ing an annual îrwrease of fixed charges of nearly $30.00. 'In âdditicn, $25,000 of these bonds becanme pay- able july 1, 1932 and we are obliged to carry an interest charge averaging $29,000 a year on tax anticipation warrants over the past three years. Fix.d Charges Jucrease These itenis aggregate an increase of $84,000 in fixed charges, since the tax levy of $650,000 in 1929. This increase is reflected in the tax Te- country. This bias been accornplish- cd notwithstanding the. fact that we are badly, crowded .and'_are greatly in need of ý additional equipment as wvell as. of other. added facilities whicb the new buildings would have afforded had we been able to dispose of the additional .$200,000 of bonds necssry orthe comiipiction of thosé buildings. Rate BeIoW Average Not'only is the cost per, capita for the, pupils one of the lowest among bigb scbools in. this territory but the tax rate for NewV Trier High. school (1.05). is, according to the best in- formfation we, caai obtain, the lowest <Continued on page 7) Filing Deadline Is March,14 for Village Election Tuesday, March 14, is the final date for- filing petitions for candidates ini the coming Village election, and Vil- lage Clerk Nicholas P. Miller, 1775 Washington avenue, %vill accept petitions up to tridnigbt on that date, it is an- nounced. inettc-with the Bank Holiday stili operative - remiainied the saine as- it has been -since last Friday.. Safety Depos it boxes at the Wilmiettç, State bank are acsible to boxholders during regular banking hours. ý Facil- ities have been established, à1so, for nià,king change to1 accoan- niodate the. business people and, Villag ers generally. 'The Wil-, iluette State bank is' a membher of the Fedéral, Reserve s ystem' and will be guided by the Fèd- eral Réserve in vhatever action is- forthconiing froni Washing- ton. Word.as to Ibanking pro- cedure niay be received anv nionment, or there niay be furthý- er delay. Mieaniwhilc, the independent mnerchants, of the commnunity have continued to render their customiary service to the buv- ing public. Most of themn are extending credit to regular cus- toiners without question. One cannot conmmcnd the indepeni- ent merchants of the village too Collection$ Good Despito Bank Holiday; Tmxing Bodies- R"evepaymàenit Trax money bas continued to flow into 'the offict of Sanborn Hlale col- lector for New Trier township, dur- ing. the paît week, despite the "bank holiday", declared last Saturday. Up to Tuesday noon Mr. Hale had recorded a collection of $7400, of which lhe'.said agbout:$140,00 weeiasi anticipation warrants.: About $2401O0 in cash, hieecx- plained'has been- distributed to Var-- ious. taxing bodies and additional payments w ill be made as rapid ly as possible. The banking situation had slowcd up the collection somnewhat, accord- ing to Mr. Hale. Pyxnwptsare 1cianq made ini cash, by warrants or check. ln the instance ofpayment by check the taxpayer will be required to await clearance before a receipt eau be mailed. "As far as 1 bave been advised," Mr. Hale stated, "March 15 will cona- tinue to be the last date for paynicnt of the first instalhnent before the penalty of one percent will-be added." Mr. Hale expects'to have the books in bis possession until March 31. Wiarrantiiitr...:. 98 oOtb.1 * Froin October 1, 192,tctbr1 1932., there bas been an increased eni- rolinient of 425 'students, a 25 per- cent in£rease over the enrollment of 1707 students in 1928. Tite total fixed charges for matur- ing bonds and interest thereon (wbich includes previous bond issues) amount to about $125,000 a year. Our maximum incomie, sbould we cae1i warrants to the amlout o f 75 luionnamng thý- polling places and ' Assùredlv,. every resident of the precinct boundaries. village who enjoys credit privilege; At tbis--writing it is apparent that in the local stores nmust appreciate two tickets will be in the field, the now,, if he bas neyer donc so before. Harmony party ticket and the Village just bow fortunate one is to have pary ickt.Rumors of a third party tbis service continue uninterruptedly' lack confirmation, althoughi the final despite the, terrific burden it places date for filing wiIl not be reached un- upon the independent merchant.« tii next Tuesday. Neyer before have these merchants Endorsd b ~been put to sucb a severe test and it flic illae py Bticket i ededs a pleasuire to observe how they Th Village paty tickt s hadd.are responding in this unprecedenteà in the hands of New Trier township residents.. The last of the bills were mailed out by Collector Sanborn Hale Monday evening. Those rcceiving these bills will have until May 1 to pay before a penalty of one percent is added, according to Mr. Hale. He expects to have the books -until. March 31, the same date -,sni as oneI8Vi noIi io cx : ... iý secondary, schools wbich arc recog- 1I nized as standingat tbe bead of this end home in ewn wî arc st be con ures to a ai

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