Lubbock Avalanche-Journal from Lubbock, Texas on April 4, 1975 · Page 13
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April 4, 1975

Lubbock Avalanche-Journal from Lubbock, Texas · Page 13

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Lubbock, Texas
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Friday, April 4, 1975
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Page 13
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M—LUS&OCK AVALANCHE-JOURNAL—Friday Morning, April 4, 1975 roller Warns Against Spend AUSTIN, Tex, frUPI) Comptroller Bob Bullock told state leaders Thursday Tcxus will face a tax increase up to $- billiQjv iu 1977 if tlje legislature spends Oi* existing $751 million surplus ths year. The only way to avoid a huge tax bill is for lawmakers to leave a $400 million unspent reserve in the present state budget,, implement an austerity program for state government in 1977 and forget "about" costly .fchool finance reform this year, he said. Bullock private! y briefed Gov. Dolph Briscoe, Lt. Gov. William P. Hobby, House Speaker Bill Clayton and members of the Legislative Budget Board, and later called, reporters to liis office. Clayton .agreed with the comptroller's assessment. ".If we don't cut some spending • we're going to have a big tax biJ! next time," he said. Nervously pacing and jingling coins in his pants pocket at: the news brieling, Bullock said his predictions are realistic and not meant • to instill pessimism- in the lawmakers currently study ing the budget for the'next'two years.; - ' '•••'. ./' ; ' • • "I•... don't think ! this was prepared, with a lot iof gloom," he s'ald. ."There'will still be a SI billion increase ••• in tax revenue (by 1977). The difference is the surplus —-if you spend it.,this time you won't have it next time and you'll have to raise taxes." Bullock and his.staff prepared several , projections, 'for state spending and taxes for the next four • years./-'He •••. said'• the. projections > are based on patterns set by Ihe legislature in the Jast. six- years and «, seven per cent yearly calculation for inflation. ' ; ' The lawmakers started the 1975 session, v/ith a 5999 -million surplus from ' appropriations made .two yetvrs ; ago. That has now dwindled to • $751 million because- of emergency spending bills. ? . • If the; legislature, spends the entire , surplus, the projections indicate a minimum tax bill of $1.25 billFeh when the lawmakers convene again . in 1977, Bullock ;said. II they 'pass a school finance reform measure —Gov. Dolph Briscoe's 'top priority this session —the tax bill will jump to 52 billion 'because of 'built-in .increases. "The only way to avoid taxes would be to leave a surplus this year, adopt an austerity budge^ and; have no school finance bill at all," he said. "It comes down to this: if you spend the surplus this year, you're going to have a tax bill in 1977. If-you spend the surplus an something with a built-in increase like school finance — and use that because it's on the tip of everybody's tongue —you'll have ». . tax bill that much higher." Bullock said a $1.25 billion tax bill "would-probably be paid for by a 2.5 cent increase over the' present 4 per cent state sales tax;. He said a 51.25 billion tax requirement would mean an average $100 in revenue from each of the 11 million people, in Texas. ' -'.•' "It takes $2,500 in spending at the 4 per cent rate to raise J100 in taxes," he said. "A family of four would have to spend §10,000 more for the state to get $400 in taxes." SENTIMENTAL SCENE—Mrs. London Johnson gives a touching and sentimental greeting to former House Speaker John jVle- Covrnack. Boston, Mass.. as the two met at 3. reception, honoring the late Sam Rayburn at a Rayburn Public Affairs Symposium held this week on the .campus of East Texas Slate'University,.Commerce. Texas. The two were guest speakers at Hie dedication of the Sam Raybuni House Museum at Bonham. Tex., on Tuesday of this week. (AP Wire- pbcto) Ford Announces Drop In Car Sales Promises Airlift For Youngsters In Saigon Vietnamese refugees should either, call local agencies or the toll-free except Columbia, where the number is number in the 800-424-1180, District of '(CSpntinued From Page Oije)' aaJMgency, for International; ~ey.eiopment (AID) official in je : Diastei' Relief Center, said e«3pnnel around ' the clock trying, to handle the thousands 632-9800. .' of adoption, and aid to -AID is trying to make refugees. | arrangements to have as many -Lyons . termed the public i as possible flown here. But the response,"unprecedented." j decision as to who comes must "Most disasters we deal with i be made on the scene, and by are natural diasters. This is j the adoption agency on the man-made ; and is on ,a scale j scene," he said, that is larger than anything we| Across the country, pab ii c Lyons j anc) private agencies worked not only save the children but to cut red (ape. Emergency regulations were late Wednesday by the reclion Lutheran Church, being placed families will said with be children Midwest handled at a center to be established at Milwaukee Children's Hospital. ALL EXANNS \T 54U$Wf M^ TALL GIRLS Wont prttty Clottws, too Com* try us! for tke hard to fit girl 57" & over * "Loditt Apparel Shop ' ' OPEN 10 la 6 pro Mon. thru Sat, • have ever dealt 1 with," said. Lyons said many of the! adoption calls are out of! "compassion...thinking that ifj these kids are having a tough' ... . , time, by golly, we would like to^ a ' t o r n la Department of p>i,ir,t n,,a " ; Health, cutting the time it takes! dUUUL U11C. , . -, .. , The others, he said, were' to ado ^ 1 a chlld comm : those who have already started adoption proceedings and want to accelerate the procedure. He! Vroih a! foreign country from six' monlhs to one wcek ' j Michigan waived all adoption: sakl AID is trying to have as requirements in a many orphans as possible flown United States in all permit immediate Vietnamese orphans move entry into to; of the to the casts. state. Lyons said persons who want In Milwaukee, The Rev. to know, how to help South'Ronald Keller, pastor of Resur- TUFTW1CK and LEES... the best selling name in carpets SEMI-ANNUAL SAVINGS On VITALITY • CELEBRATION CAPTIVATE and RISING STAR BROWNFIELD HWY & SLIDE RD. Phone 795-5251 H«on 8-5:30 M»n.-f ri., 9-5 Sal. 1-30/ DETROIT (AP) — Kord Mo-jits car sales la.st month fell IS [per cent from March :!!)74. lor Co. reported Thursday that jper .cent from February_and_J3fl Deliveries in the month were " " '.136.077, compared with 190,672 the year before. The daily rate of 5,23-1 compared with a rate of (>,:',56 in February. t The jUarch selling I'ate was the lowest, for that month since Ihe early 1960s, the company said. • For the year. Ford sales (Continued From 'Page Out) "It's quit& a way off,' 1 was were off 1ft per cent, lo 428,406, die route;; we're operating now;his only comment. ,compa?-ed with 526,51;) in 1974. that are big losers and work upi T.- bl. Hoscy, Santa Fe Rail-i Chrysler Corp. reported hl-m market, really get them (way freight agent for Lubbock, (Thursday that its sales Jast £0ing to where oirr budget ilefi-lsaid he had not heard of Berit-lmonlh dropped :10 per cent Rail Official Doubts Local Amtrak Service cil. will not be so. hug.?." "Benfsen noted in his letter to Coleman that Amtrak already has conducted a route analysis on the proposed .service and cost projections were comparable fo other Icng-distance routes .sen's proposal. He admittedifrom February and were down! changes in the Lubbock opc'ra-j32 per cent Xrom March 1974. i tions would have to he made] The nation's No. 3 automaker! before passenger .service wouldj saicl sales in Ulc month ....... be feasible hero. said sales in the month were 184,250, compared with 12:i,&40 operated by the service. "What about revenue projections, though?" questioned Bryant. "You've got to consider "We have converted our rw- llh '- ^r before.-The daily'rate mcr passenger-station into off- r •/,,„ „„„„„„..., ,„,«. > ,. a ,. A Ihe cost as well as the revenues lice space for various departments of the railroad." he said. "It would mean relocating those and remodeling the building and its interior.' of :;,240 comrxired with of 3,597 in February. For the year, Chrysler sales were 241.188, down 27 per cent from 329,101 last year. in your projections in howl "There's probablv been 100! Ford and Chrysler said their much the train would lose in a I people ask me in the last cou-'sales declines from March '1974 pie of years if there was any were greater than the expected possibility of getting passenirerjipdusti-ywide decline because year. The Amtrak official also not- ^ ^ _ f.d "there's not been, an Atlan- service re-established here,''"he they did relatively well a year tn-Los Angeles train for many;added. "I've always said 'no'."' ago on the strength of their years. I don't, know if there has 1 Regular Passenger train serv-ismall car sales, ever been a through train. ice. which first began in Litb-i "In such a situation, w^e have i bock on'Jan. 9, 1010. ended on' lo worry about dealing withjj u i y 20, J9GS, with the last i>di-i railroads that are not AmtrakiUon of the twice-daily run from' members. They charge us a per mile c-ost for operating a train over their tracks." If sucli a route including Lubbock were to be established, F-Jryant. rcl'uscd to .speculate on fhe length of time it would take j to pnl into service. i Clovis. iV.M. to!Houston The Clovis to rioustion runj was started in January. 1952, toi connect the Gulf coastal area! with the Santa 1 Ke's main Chicago to Sa'n Francisco line. ' TAPES A lull line of g-Trock, Cass«tte, Ouad-8 and Op«n Rwl. You may listin b«For» you buy! U.V. BLAKE RECORD CENTER 2401 34th =1 795-6408 Center (ConHniied Frum Pjige Oue) chairwoman of the booking committee, announced that a lack of traveling Broadway shows has forced CL to cancel ils season for Uie firsl • time *ince 195S. In place of the louring Broadway shows. Civic Lublwck willt present "several selective individual performances'* that have yet to be named. tercina a With Purchase of Compfetcly T* Kt. Gold stud at S 9 M — Your eors will be pierced FREE by experienced R.N. at TODDIES FRIDAY & SATURDAY Monterey Center I8ateii Flexible Credit Terms &*> &*?£ ,Of^*' mBt ,t *"« '-* OB* --? rs?.^:^fjw,?£r* "P7 j 4>rTc^ twiii£5iir .«.-•*_: and Set-Up A RGt SotH SHOP Free Service After the Sale USE YOUR CREDIT POWER! STOREWIDE BARGAINS 3519-34*

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