Illinois News Index

McHenry Plaindealer (McHenry, IL), 26 Feb 1971, p. 13

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Holiday Hills Bonnie 385-6344 PAGE I3-PLAINDEALER-FR1DAY, (FEBRUARY 26, 1971 Property Owners Elect Joe Moras Association Head • # The annual Holiday Hills Property Owner's Association election was held Sunday, Feb. 21. The following people were elected to serve for the com­ ing year: President: Joe Maras; Vice-President: Ed Hughes; Treasurer: Don Teuber; Re­ cording Secretary: Pat ^oner- gan; Corresponding Secretary: Phyllis Harper; and Sergeant- at-Arms: Bill Boettcher. The following were elected riiit directors and directors at large: Unit 1: Don Dolatowski; Unit 2: Jack White; Unit 3: Ken Brady; Unit 4: tie between Vi Abbink and Karen Maras; Unit 5: William Wentzel; Unit 7: Dick Bemis; and Directors at Large: Jim Harper and John Van Duyn. Now that you know who your new unit director is, please make a special effort to give him or her your annual dues. It is only through the cooper­ ation of all of us that these people can serve us to the best of their ability, and help make our subdivision one in which we can all be proud to live. Congratulations, and good luck! BLUE AND GOLD DINNER The annual Cub Scout Pack 458 Blue and Gold Dinner will be held this Sunday, Feb. 28, at the V.F.W. hall. It will start at 6 p.m. Those families at­ tending are requested to bring a dish to pass, enough meat for their family, and their own silverware. If you have any questions regarding the dish to be passed (what it should be), contact your scout's den moth­ er. This is a very important night for the scouts, so if there is a scout in your family, plan to attend. The Cub Scouts recently held a bake sale downtown at the Market Place shopping center. The profits totalled $44.60. They are grateful to all those who donated baked goods for the sale. LADIES BOWLING LEAGUE The ladies who signed up to bowl on Thursday afternoon are having a terrific time. The only problem encountered seems to be getting a sub to bowl for you if you are unable to at­ tend. You do not have to pay for your bowling if you have a sub to go for you. The sub will pay for the bowling that day. However, if your team is missing a bowler because a sub was not obtained, the bowling will have to be paid for by the person missing. We hope to get a substitute list printed up shortly, to be given to all team members. But in the meantime, Linda Thietje has the list of subs, so give her a call if you cannot make it. Do it early enough so that the substitute has enough time to make ar­ rangements. Linda's phone number is 385-6483. LACK OF INFORMATION I must apologize for the short column this week. Apparently February is a dull month around here. I guess all of us have had enough of the dreary weathei\ lately. Has anybody been any place to get away from it all? I think it would be nice to in­ clude in our column the things that some of our students are doing. How about those away from home, maybe in the ser­ vice or in college? We would like to hear about their inter­ esting activities. I hope to be hearing from all of you before next week. Projects Enrich Education Study SB No Tax Increases In » State Is Announcement issue Tickets Moria Haley, Scott Young, John Johnson and Charles Stule view the setting made at Montini Middle school to portray the desert region of Saudi Arabia. PLAINDEALER PHOTO Gov. Richard B. Ogilvie an­ nounced this past week that the 1972 state budget will contain no request for tax increases despite a "precarious fiscal situation" in Illinois. Revenues from state sources during fiscal 1972 are expect­ ed to increase only 5.5 per jent over 1971, he said. This represents a substantial reduction from the increases in state revenues registered in 1970 and 1971, following the enactment of a new state in- cpme tax. Ogilvie is scheduled to pre­ sent the full budget to the Gen­ eral Assembly on March 3. He commented: "It is painfully clear that balancing the 1972 state budget is going to require belt-tight- ening of the most stringent sort. " The tremendous demands upon the resources of state gov- ernment-especially a welfare system which has become an uncontrollable disaster-and the effects of a sluggish economy make rigid fiscal controls ab­ solutely imperative." According to projections made by the Bureau of the Budget, general fund revenues from all state sources will to­ tal $2,816 billion in fiscal 1972, a 5.5 per cent increase over the $2,668 billion expected dur­ ing the year «nding next June 30. J He added that the state budget agency's projections for the 1970 and 1971 fiscal years have proven "extremely accurate," falling within two-tenths of one per cent of the original esti­ mates. Current budget projections call for 1972 state general rev­ enues to be generated as fol­ lows: --Income taxes, both corpor­ ate and personal: $1,081 bil­ lion, or 38 per cent of general fund revenues from state sour­ ces. --Retail occupation and use tax: $1,085 billion, a moderate increase over the $1,031 bil­ lion projected for 1971. --Cigaret taxes: $147 mil­ lion, down slightly from 1971 due to declining cigaret sales. --Liquor gallonage tax: $72 million. --Public utility tax: $160 mil­ lion. --Insurance premium tax: $53 million. The low growth in all but the cigarct tax was attributed by Ogilvie to a mild real growth in the Illinois economy and sub­ stantial federal tax reductions for corporations. Other economic projections released by the budget agency reveal the following Illinois forecasts for fiscal 1972: --Personal income, up 6 per cent to $54.5 billion. --Taxable personal income, up 5.8 per cent to $43.7 bil­ lion. --Taxable retail sales, up 6.2 per cent to $27.1 billion. The following tickets were issued by the McHenry Police department: Marc P. Sullivan, 415 S. Windsor drive, Arlington Heights, speeding 60 m.p.h. in a 45 m.p.h. zone. Ralph T. Greener, 6250 Plea­ sant Hill drive, Crystal Lake, speeding 52 m.p.h. in a 25 m.p.h. zone. Thomas F. Lipecki, 424 W. Main street, Cary, speeding 46 m.p.h. in a 30 m.p.h. zone. Edward r J. Wagner, 1312 Fourth avenue, Sterling, speed­ ing 40 m.p.h. in a 25 m.p.h. zone. John T. Licastro, 1603 North avenue, McHenry, speeding 45 m.p.h. in a 25 m.p.h. zone. Mary C. Fredrick, 1404 Lakeview, McHenry, speeding 40 m.p.h. in a 25 m.p.h. zone. Douglas K. Johnson, 312 S. Crystal Lake road, McHenry, speeding 40 m.p.h. in a 25 m.p.h. zone. Gary A. Marcellis, 5722 Ni­ agara, Wonder Lake, speeding 43 m.p.h. in a 25 m.p.h. zone. Leo G. Scarbrough, 2814 N. Spring road, McHenry, speeding 45 m.p.h. in a 25 m.p.h. zone. ARRESTED FOR INCEST As the result of am investi­ gation, Douglas L. Koppen of 2411 S. Lilac, Holiday Hills, McHenry, was arrested Sat­ urday for aggravated incest. He is being held in McHenry coun­ ty jail under $20,000 bail for appearance in court on March 1. Tax Facts "MEANWHILE BACK AT THE COURTHOUSE" g BRANCH COURT III McHenry Magistrate Leonard Brody Remoules H. Still, 712 Lake- view, Island Lake, charged with permitting unauthorized per­ sons to drive, nolle prossed on a motion by the state's attor­ ney; also charged with improp­ er registration, found guilty and fined $25 and costs. Danny Weaver, 51 Sunset drive, Cary, charged with speeding, amended to improper parking, fined $50 and costs. Stephen J. Poplin, 7605 Key­ stone road, Richmond, guilty of failure to reduce speed to avoid an accident, fined $15 and costs. Gregory S. Lindgren, Island Lake, guilty of negligent driv­ ing, fined $25 and costs. James D. Flowers, 116 E. Maple, McHenry, guilty of speeding, fined $11 and costs. Ann M. Gertz, 1504 W. Pine, McHenry, guilty of allowing un­ authorized person to drive, fined $15 and costs; also guilty of failure to apply for lost or damaged plates, fined $15 and costs. Conrad J. Kasprzyk, 2405 S. Bittersweet, McHenry, charged with driving while intoxicated, amended to reckless driving, fined $300 and costs. Hans J. Brinnich, Crystal Lake, guilty of speeding, fined $15 and costs. George A. Brock, Crystal Lake, guilty of improper use of registration or title, fined $20 and costs; also guilty of having only one taillight, fined $5 and costs. Frank V. Koepke, 3609 W. James street, McHenry, guilty of no valid registration, fined $10 and costs. Mrs. R. Markgraff, 407 Rich­ ard court, Island Lake, guilty of inoperable vehicle, fined $25 and costs; also charged with disobeying court ruling, nolle prossed on a motion of the vil­ lage attorney. Mrs. Adrian Golz, 924 Hill­ side, Island Lake, guilty of dog at large, fined $25 and costs; also guilty of resisting arrest, fined $100 and costs; also guil­ ty of disorderly conduct, fined $25 and costs. Edward LaBelle, 1143 Circle drive, Island Lake, guilty of disorderly conduct, fined $25 and costs. George A. Brock, Crystal Lake, guilty of curfew viola­ tion, fined $5 and costs. Patrick D. Cook, 301 Ridge avenue, Crystal Lake, guilty of invalid driver's license due to curfew, fined $20 and costs. Douglas J. Willis, 9215 Ev­ ergreen drive, Wonder Lake, guilty of disobeying a traffic signal, fined $10 and costs. COMPLAINTS Sgt. John R. Weichmann of the McHenry Police department charges that on Sunday, Feb. 7, Benjamin W. DeCicco HI, 3904 W. Main street, McHen­ ry, committed the offense of disorderly conduct "in that he was involved in a fist fight with Jack R. Morris in front of 1334 N. Riverside drive, McHenry". Bond set at $500, hearing date March 3. Sgt. John R. Weichmann, of the McHenry Police department charges that on Sunday, Feb. 7, Jack R. Morris of 5222 Or­ chard drive, McHenry, com­ mitted the offense of disorder­ ly conduct "in that he was in­ volved in a fist fight with Ben­ jamin W. DeCicco III in front of 1334 N. Riverside drive, McHenry". Bond set at $500, hearing date March 3. Judith Felmeten charges that on Feb. 16, Vander Ballew of McHenry committed the offense of disorderly conduct. Bond set at $500, hearing date March 1. Dave Wilcox of® Lakemoor charges that on Feb. 1, William L. Rose of 348 W. Rand road, Lakemoor, committed the of­ fense of storage of junk on private property. Hearing date March 10. Deputy Herbert Cropp char­ ges that on Feb. 3, Earl L. Bishop of 8611 Memory trail, Wonder Lake, committed the of­ fense of no valid driver's li­ cense. Bond set at $60. Officer Daniel Kinnerk char­ ges that on Jan. 1?, Thomas D. Cullotta of 1601 Woodlawn Park, McHenry, committed the offense of theft under $150. Bond set at $1,000. Deputy Sheriff Charles A. Terrell charges that on Sun­ day, Feb. 21, William J. Hunt of Wonder Lake, committed the offense of violation of curfew. Hearing date March 8. Officer Duane R. Lange of the City of McHenry Police de­ partment charges that on Sun­ day, Feb. 21, Thomas LsiLag- ios of 4213 W. Waukegan road, McHenry, committed the of­ fense of disorderly conduct. Bond set at $500, hearing date March 1. CENSUS FIGURES --Secretary of State John W. Lewis dis­ plays the census certificate for his home, Marshall, 111., show­ ing that Marshall's population is now 3,468, a gain of 198 in the last 10 years, or 6.1 per cent. Secretary Lewis an­ nounced that census certificates based on the official results of the 1970 count by the Federal Bureau of the Census have been mailed to the 1,265 incorporat­ ed municipalities in Illinois by the Index division of the Sec­ retary of State's office. For the entire state, the population in­ creased from 10,081,158 in 1960 to 11,113,976 in 1970, a gain of 10.2 per cent. Many a romance begins by a splashing waterfall, and ends by a drippy faucet. Dorothy Koleno, Troy Karafa, Alan Garrelts, Robert Moehling and Jeff Huff proudly their project on Alaska. PLAINDEALER PHOTO $ look at days. Two interesting projects have been occupying the students at the Montini schools in recent :£• Fourth graders of the Middle school recently took an imaginary trip through the desert j| region of Saudi Arabia. To depict what they have been studying, the children constructed a var- x- iety of projects. Some of these include a date palm tree, an oil refinery, Bedouin camps. Arabg homes, cases and many other desert scenes. :£• The children from the Primary center have been enjoying a Social Studies program en-§: riched with many movies showing life in other lands. The movies are obtained through the Mc-$ Henry Public library. , $i (This is the fifth in a ser­ ies of articles prepared by the Illinois ' Society of Certified Public Accountants offering ad­ vice on filing 1970 Federal in­ come tax returns.) INCOME AVERAGING CAN CUT TAX BILL, CPA SAYS If 1970 was a very good year for you financially, Uncle Sam has made it easier to reduce the tax bite by averaging out your current income over pre­ ceding years that were not so good, according to David J. Bramson, chairman of the spe­ cial activities section, Com­ mittee on Taxation of the Illinois Society of CPAs. The Tax Reform Act of 1969 has increased the benefits available under income av­ eraging and now permits income realized on property received by gift or inheritance, as well as income from wagering and long-term capital gains, to be averaged. In averaging income, Mr. Bramson says, a taxpayer in effect spreads current income over the current and preceding four years, thereby lowering the tax rate on current income. The result is a lesser over-all ob­ ligation. "If your 1970 taxable income is at least $3,000 more than 120 percent of the average of your 1966 through 1969 tax­ able incomes," he goes on, "generally you will qualify for income averaging." The benefits can be substan­ tial, he add, citing the follow­ ing illustration: Mr. and Mrs. Adams filed joint Federal income tax re­ turns for the years 1966 through 1969. Their average taxable in­ come during that period was $20,000. In 1970, their taxable income was $44,000 and again they will file a joint return. Their Federal tax liability, computed without averaging, would be $14,060 before sur­ charge. Using income aver­ aging, it will be $12,860 be­ fore surcharge, a saving of $1,200. Form 1040, Schedule G is used to compute the tax under the income averaging formula. If it is not in the tax pack­ age mailed to you by the In­ ternal Revenue Service, it may be obtained from any local IRS office. Mr. Bramson suggests that "if you are indoubtastowheth- NEW DIRECTORS NAMED Gov. Richard B. Ogilvie last week named C. Austin Mont­ gomery of Springfield director of the Illinois Department of Financial Institutions and Allan F. Landolt of Virginia state director of aeronautics. He also named Raymond E. Anderson of Galesburg assistant director of the Department of Aeronautics. er income averaging can reduce your 1970 tax cost, invest the few minutes required to complete the Schedule G form. The instructions are not overly difficult to follow." Only two categories of incom§ are now unavailable for income averaging: premature distribu­ tion from self-employment retirement plans and distri­ butions from trusts of accumu­ lated taxable income. OGILVIE NAMES HEW OFFICIAL Gov. Richard B. Ogilvie has named Donald F. Simpson, for­ mer assistant secretary of the United States Department of Health, Education and Welfare, state director of public aid. He said Harold O. Swank, the pre­ sent director, will serve as dep­ uty director. Ogilvie termed the appointment the first of many major steps he will be taking to meet Illinois' crisis in wel­ fare costs, which he termed "the largest single threat to continuing vitality of state gov­ ernment." He emphasized "the necessity for prompt federal action" in assuming full costs of the national welfare prob­ lem and referred to Simpson as "an eminent, respected and widely experienced federal of­ ficial" nominated to begin "the federalization of public assis­ tance in Illinois." piE|E1lgl(BIIEIIEIIBIieilEllBllBllBmaffilBBHniBllg|lP||P||CllPllEllBltBIIBIIBIIginBIIBBBIIBHE| Tax Savings For The Self-Employed Save on your Federal Income Tax in a Marengo Federal Retire- ment Trust Account. 1. Contributions of 10% of your net income, up to $2,500 per year, are fully tax deductable. 2. Interest on savings account compounds tax free. 3. Pay no tax on savings in your account until retirement time (when tax bracket is lower and deductions are greater.) n © m EJ © © © El H FIRE INSURANCE ISN'T ENOUGH! Your home--and the things in it--face many hazards that even "fire and extended coverage" won't cover. A Slate Farm Homeowners policy provides broader coverage for your home and belongings and for you in case of lawsuits. Yet all this protection comes to you in a single policy at a rate that's 15% to 25% lower than the same coverages would cost under separate poli­ cies. Sound like the same good deal as our car insurance? You bet it is! See me today.' Joe Podpora 1212 N. Green Street McHenry 385-4080 MARENGO federal savings an3 loan association 200 East Grant Highway • Marengo, Illinois 60152 Ail Accounts Insured Up to $20,000. Phone: 815-568-7258 A $32,000,000 mutual association serving Northern Illinois since 1925. For further information call Marengo Federal at 815-568-7258 or mail coupon below to-- MARENGO FEDERAL SAVINGS AND LOAN ASSOC. 200 EAST GRANT HIGHWAY MARENGO, ILLINOIS 60152 STATE FARM INSURANCE I am interested in further information about Marengo Federal Retirement Trust Accounts. My address is: STATE FARM INSURANCE STATE FARM Insurance Companies Home Officos: Bloomington, Illinois State Farm is all you need to know about insurance. STATE FARM FIRE AND CASUALTY COMPANY • HOME OFFICE: BLOOMINGTON. ILLINOIS k I

Powered by / Alimenté par VITA Toolkit
Privacy Policy