Page Two THE MICHIGAN DAILY Tuesday, August 10, 1971 THE PERFECT COMPLIMENT TO YOUR STEREO SYSTEM TEAC A-23 Cassette Deck 8139.50 The quality of a cassette deck depends upon the stability of its trans- port. the high quality and low noise characteristics of its anplifier and the qulity of the tape heads. The name TEAC guarantees she very finest. Let us proveto you jsthow goso a casette deckcan soud. Come in for your demonstration of the TEAC A-23 at HI FI BUYS. ANN ARBOR-EAST LANSING 618 S. Main 769-4700 Comprehensive Repair Service Available SUBSCRIBE TO THE MICWGAN DAILY Local income tax may be levied; officials cite growing expenses Continued from Page 1) projected for continuing current service levels. If the city were to rely on in- creased property taxes to main- tain its current level of services, the millage level would neces- sarily jump to a hefty 22.7 mills by 1976-77, the report predicts. In addition, the report speaks of the city's inability to maintain a revenue expansion comparable to that of recent years because of a number of "adverse phe- TV & Air Canditioner RENTALS Hi Fi Studio 121 W. Washington NO 8-7942 nomena." The report points out that: -The city has reached its legal millage limitation; -The assessed value of pro- perty in the city "will grow at a generally decreasing rate" during the next five years; and -"The disappearance of the traditional $1.1 million dollar payments by the University for police and fire services will cut the city police and fire budgets by 18 per cent. The study also discounts the feasibility of relying on new state or federal revenue sharing pro- grams to provide the city with adequate funds over the next five years, Current state revenue sharing proposals have put the city at a distinct disadvantage because the city currently has no income tax, and has a relatively low property tax. A compromise bill in the Leg- islature, which combines popula- tion and local taxing efforts as the factors for receiving shared funds, would only provide the city with about $204,000 in fiscal 1971-72. "Federal proposals are not yet well enough developed to enable the projection of revenues from federal sources," the report says. "However, if the federal bill most favorable to the city of Ann Arbor were adopted, the city would receive about $800,000 in r 1972-73," the report predicts. This amount would be ex- pected to increase by about ten per cent annually. Thus, if both the State and the federal pro- grams became effective, the city would receive about $1,500,000 in 1976-77-almost $6 million short I of funds necessary to continue current city operation. City Council is expected to schedule a ntimber of working sessions to study the 90-page re- port in detail. City Administrator, Guy Lar-k com Jr. says that his office will issue a more complete report on the matter, possibly within two weeks. UM BARBERS 8:30-5:15 P.M. MON.-SAT. UM UNION COMING Thursday & Friday , ork FimF ejtk. IA crowd-pleasing knit sets for Miss J by Jonathan Logan.. .these two-piece outfits are the neatest ways to go through fall in polyester, the easiest knit to live with. Grey/white dress and sleeveless tunic. Sizes 5-13. $56. Blazer and sleeveless romper in black with white. Sizes 5-13 Petite. $46. Job oY HORSES, DON'T THEY? COLOR- PANAVSION* ORSON WELLES SUMMER FILM FEST. FREE ANGELA DAVIS AND ALL POLITICAL PRISONERS SPEAKERS: Claudia Morcum, Co-chairwoman: Paula Smith, Youth Co-ordinator: MICHIGAN COMMITTEE TO FREE ANGELA DAVIS THURS., AUG. 12 7:30-3529 S.A.B. p'