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1962-12-17-AC-MIN.pdf
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1962-12-17-AC-MIN.pdf
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1962
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Minutes - AC - Appropriation Committee
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OF) <br /> :lent or not. )10.00 in the tax rate for capital expenditures. Capital <br /> cxpenditur -.s are goinc; to continue and be high. Capital expenditures that <br /> are coming up are as follows: <br /> 1 . Two ,iajor needs and .host costly School buildings <br /> 2. Services <br /> 3. Addition to Office Building ;;100,000 <br /> L. ::ew Fire Station 75,000 <br /> �• 33 ,files of unaccepted '.treets - <br /> 6. Operating expenses increase more than the assessed. valuation <br /> each <br /> The Capital T__, - uditures committee are in favor of ;'?10.^0 each year in the <br /> tax rate for cal i toil. ite ,:s. <br /> 'le understand there will be ;;:11_,000,000 in commercial property in year 1;63. <br /> General discussion was had whether this coimiittte was in favor of bonding <br /> the whole cost of the school or so _•.uch o_:t o: the tax rate and bonding. <br /> This comioittre was divided some in :favor of bonding the whole cost of <br /> school building and others in favor of a cas'_ paylacnt plus bonding. <br /> := cc'inq adjourned at 11 : 05 P. .. <br /> Pespcctfully submitted <br /> Rai :;.ond L. '::bite <br /> Secretary <br />
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