Rensselaer Semi-Weekly Republican, Volume 41, Number 85, Rensselaer, Jasper County, 13 July 1909 — Mortgaging the Future. [ARTICLE]

Mortgaging the Future.

There are 92 counties in Indiana, 1016 townships, 88 cities and 385 incorporated towns. The tax rate on the SIOO valuation in thirty cities exceeds $3.50, and only thirteen cities have a rate less than $2.50 on the SIOO valuation to which the county and township tax would be added. v The high rate of taxes is due in some cases to mismanagement and poor financiering, but in most instances it Is due to expense of sewerage and general improvements of a permanent character. The necessities and perhaps unwise desire to have all the modern improvements induces the tax-payers to take chances in extravagant expenditure of public funds.