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* The financial condition of the. Village of Kenilworthi like miost of our neighboring communities, bas becomé so acute that your Village Board of. Trustees feels impelled to direct your personal and direct attention to the situation prevailing at thistime. Your Board of Trusteesý feels the necessity. even in- t hese- times of -main- taining reasonable' standardsý for the protectionof lue, health and property, for itreet repair, water service, street lîgliting, debt service, and such other servcesproprlyarlin' within its scope as can be adni iitered efficiently and economically in the public interest. 'Without undue pride ini our coin- * munity, it may be pointed ont that our village enjoys considerably, better than the average facilities and service at a cost of nearly 10 per'cent belo-w * the average cost per capita of city and village government ýthroughout the, -nation.- Its expenditures for thiese ecsar urposeshave becin curtailed as ciircumastances would permit, and- are carefully controlled byr budget esti- mates whîch, save for the addedi expetiditure for interest on borrowed -funds, compares favorably with the expenditures 'of. previous years. These expendi- turcs are' duo low as indicated by compar son with h axrts of other commuRtities on the north shore and with Chicagoas shown by the. following table: 1S3 CITY.AND VILLAGE TAI RATES COMPARED (Per $100 of Assnessed Valuaàtion) * Kelulworth Ciago Evangtom Wilimitte Wlntka 0l,1o 1.820 .71.12 .72 1.12 It wilI be obtervcd in the detailed tax information which follows that less than 18 cents outof every dollar geaid i general taxes goes to support the Vilae goveruamoùt. The Village of Kenilworth is almost entirely a residentiai conunurity and its chief source of revenue is ordinarily provided by the levy and collec'- *tion of general taxes against real estate and personal property. Revenues froin water service provide but a small balance over operating expense and w4r debt service and there is ajimnited aniount avgilable to the Village from iclbses and fees. Show Tax Definqueacies When tax collections fail, temporary borrowing in anticipation of tax collection, must be resorted to or services must be further curtailed. The following table shows a 35 per cent reluction in assessed valuations since * 1930 without a corresponding increase in the Village tax rate whicb is limited by law : Village tax collections have been decreasing until tax gblimquenciez fer Village purpo... sommt te $74ASSM, oet more thas .spqugl t. rua the ViUg. efor one yeur if &U tax~es .stended wr. p.ld. Tota vilago Original Deliu<uents Tax Asen,# Tax iJaU VilUageTe!x Coletions au-'o Vear VslumUpuio mi L .&L xtension t9011-584 MJibqs$ams leete. 1928 $6,588,072 $1.00 $ 65. 986.16 $60,885.30 $5J10.86 8z. 1929 17 188,650 1.00 71,826.56 62,435.60 9,390.95 13% 1930 7:266,102 .98 71,109.84 57,597,76 13,512.08 19% 1931 6,816,918 10 68,169.18 53,217.79 14,951.39 22% 1932 5,719,446 .96 54,906.68 22:973.37 31,933.31 58% ........ ý 3 4.735,937 1.08 51,148.12 ........ 100% $74,888.59 The Village of Keilworth is :not at present in default on, any of its general obligations or water certificates. There was due and unpaid at April 30, 1934, obligations on principal and interest on special assessinent bonds approxixnately 20 per cent of the amount receivable f rom assessment rolîs as of that date. Tmv Noed Fun&s for Nec.sst, Service. nteVla Tax dlinuencv is. of course. nnt a condition nculiac ote ilg response ofthtose of you Who are in arrears in the payrnent of any generai or special' assessmnt taxes wlll enable us to continue the normal functions. of governinent without serious. interruption. We are advised that the 1933 general tax statements are now in the mails. .As you know, the prompt pay- ment of these taxes, if. made to Mr. Sanborn Hale, Township Collector, Winnetlca, on or before- December 22, 1934, will result in the prompt receiPt. of such taxes. byý your local governments and at aconsiderable saving- in the expense of collection at'a later date. Respectfully aubmitted, THE BOARD 0F TRUSTEES 0F THE~ VILLAGE 0F KENILWORTH By HARRY P. HARRISON, President Dated Novetuber 2, 1934, at Kenilworthi, Illinois. W1IAT BECOMfES 0F A $1* EERLTAI 81M FOIR 1U33? là" 1h.1M& f, uG..1 the .Viage Tai e.r c.",->Amai Xon8kly Raté 01 Total C.tet. Cent te Per -Collnes- Dolars $0199 81* Iraxing oâdy $0.0 tlin Extendsi Taxpayer Taxpayer Cook. counity....... $0.62 .8.62% q 24,628.87 8 8.62 $0.72 Porest preserve ......Il 182 5,29.53 1.82. .15- Sanltary district... ...:656 10.78 30',783.69 10.78 .90 Mosquito abatement....04 .64 .1,894.38 .67 .06 Township of NeGw Trier- .01 .17 473.69 .17 .01 Nlew Trier High mhool. 136 .22.55 64,408.74 22.55 1.88 DIIOoth : I oo...... 1:9q,'33.9424515 13.0 2.75 Kenilworth Park digt .27r 4.48 12:787.03 4.48 .37 Village of Jepflworth.. 1.08 17.91. 51,148.12 17.91 1.49 $6.03 100.00% $28,577.00, 1100.00 $83 APPORTIONMENT 0F THE VILLAGESHARE: 0F 1933 GENERAL TAXES Street llghiting and street maintenance ................. 2.31" Police departmnent-sala ries, equlpment, supplies and pensions ...... 6.56 Ire protection-Wlnnetka appara tus and hydrant seric..... Health protection-H. 0. services, inspections, etc............1 Wastq, removal service part pald in general taxes...... ......... 1.09 Office salaries, official retainers, auditing and engineering........ __1.15 Office ,supplies and maintenance........... ...................... .46 Villag offie remodellng and equlpnient .......................... .47 Bathing.bIiachoperation and maintenance_...................... .40 MlsSleaneeous exp-ense--i1c1ludng legs I expense and tax ýwarrant .Intérest - . . . . . . . . _ . . . . .. . . . . . . . . . . . . .. 1.52. Special àa&sessments levied ag.,7ina.1 llgeowne prpery .....13 Gêneral obligation bend and Interest redemptions .................. 2.58 COMPARATIVE SUMMARY-INCOME AND* EXPENDITURES As Sh@wu by Auditor's Reports INUUM5.: General General General General General General Licenses, taxies-year 1933......... taxesý-year 1932 ... .. ...... 810,000.00 taxes-year 1931 ....... ... 16,M92.94 taxes-year 1930 ............ 3,851.11 taxes-year 1929 ........... .... 2,135.41 taxes-year 1928................... 986.23 $33,615.69 permits, fées, and miscellaneoÜs.. 18,860.25 LI lncome ...... ............. $852,47r).94 $27,707.61 34,446.43 3,810.30 1,704.73 $67, 668.97 15,284.27 $82,95324 . 1. $3,916.74 $(#. 1 4 .46 .Ob .04 .04 ai 32 578.12 $57,6537.08 ' 20,546.34I $78,203.42 $ 7,74&-42 5:232:69 0 An.r a&17, 1 i n of, administeiing y, it must DC apparent . 1at government in Kenilworth miscs tane us . .... ..... .... .... ... <1.4 84,331.40 General corporate *Salaries and fees Offce salaries. ....3..895....64 *Omncial retalneirs......... .........7.0 Police -magotr#ate's salery ......399.96 (Conitinued on Page > 84,770.00ý 100M0 $ 5,267.09 106.00