Mayor's Annual Message (1969)

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Springfield News, Wednesday, January 22, 1969, page 7-A

Mayor Reports City's Progress

It is a real pleasure for me to report to the Common Counciland the citizenry in the form of the Mayor's Annual Message. This is a requirement of the charter and a good one. It gives us the oportunity to reflect upon the labors of the past year, to appraise the current position of the City, and, more importantly, to look to the future.

The City of Springfield continues in sound financial condition. The tax rate for the fiscal year 1968-69 is $5.07 per $1,000 of true cash value. This represents only 17.3% of the total property tax dollar, a percentage which has continually decreased for the past 18 years. This means that when you pay $1 in property taxes, the City of Springfield gets only 17 cents, for which you get police and fire protection; library services; street sweeping, maintenance, and lighting; traffic signalization; fire hydrants; dog control; air pollution control; planning; zoning enforcement; and many, many others.

Our assessed valuation continues to increse. Our indebtedness is less than 26% of our legal debt limit, and we continue to receive most favorable interest rates on bonds sold.

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