transcribed by E Lorinczi THE RECORD, Roselle, Illinois newspaper December 13, 1962 6 YEARS AGO SCHAUMBERG* RESIDENTS TOTALS 135: NOW 6,000 Schaumburg Village's history was outlined briefly by village president Bob Atcher and village attorney Jack Siegel at an informal meeting last week. The village was incorporated six years ago when it had a population of 135. Residents paid $3,500 in corporation feels out of their own pockets. Village population is now close to 6,000 and the village how has $200,000 in its treasury. This money is invested in short term federal notes. since its incorporation, the village has not levied a general tax, nor does it charge for its vehicle sticker. Village revenue comes from sales tax, police fines, liquor permits and building permits. building permits are the principal source of funds, Atcher said. The village derives one-half cent in sales tax for each dollar spent within its boundaries. One of the factors in the village's being able to operate without taxes is that all village officials serve without pay. This, Atcher feels, has attracted to the board and its commissions men who are unselfish and interested only in servicing the community. The only paid workers in the village are two policemen and the police chief, the village attorney and an engineer. *Yes, the paper called it "Schaumberg" in the header but "Schaumburg" in the article.