Letter: Misinformation circulating about library referendum


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Posted Online: April 05, 2013, 2:20 pm
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Voters of Millersburg and Mercer Townships:

In response to an erroneous letter in a local paper, members of the Friends of Mercer Carnegie Library would like to clarify these taxing facts.

It has come to our attention that there are some misunderstandings with regard to calculating the tax impact of the Mercer Carnegie Library bond referendum. Remember that the 37.89 cent per hundred dollar tax increase applies to the taxable value, which is one third of the market value less a homeowner occupied deduction of $6,000. A $100,000 market value home has a taxable (assessed) value of $27,333 so the 37.89 cent per hundred would equal $103.57 in taxes annually. Also, be mindful of other qualifying deductions which could further reduce a homeowner's tax bill.

The increase is a 20-year bond which could be reduced by early payments or grants. We hope the information helps to clarify the matter.

Betty Paul, Lois Ricketts,
Barb Runyon,
Friends of the Mercer
Carnegie Library

















 



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  Today is Saturday, April 19, the 109th day of 2014. There are 256 days left in the year.

1864 -- 150 years ago: Miss McCorkindale has opened millinery rooms over Gimbel's dry goods store, where she offers a choice lot of millinery goods, which she will manufacture to order.
1889 -- 125 years ago: The little South Park Presbyterian chapel celebrated it first Easter decorated with flowers for an afternoon worship service attended by a large congregation.
1914 -- 100 years ago: The Wennerberg Chorus of Augustana College has returned from a 2,000-mile tour in the Eastern states and Illinois.
1939 -- 75 years ago: Col. Charles Lindbergh has stated that he is convinced that Germany's air force is equal to the combined sky fleets of her potential European foes.
1964 -- 50 years ago: Small gas motors may be permitted on boats in the lake to be built in Loud Thunder Forest Preserve. The prospect was discussed yesterday at a meeting of the Rock Island County Forest Preserve Commission.
1989 -- 25 years ago: The annual Dispatch/Rock Island Argus Spelling Bee continues to be a family tradition. Ed Lee, an eighth-grader at John Deere Junior High School, Moline, is the 1989 spelling bee champion from among 49 top spellers in Rock Island, Henry and Mercer counties. He advances to the competition in Washington, D.C. Runnerup was Ed's sister, Susan.






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