Council Proceedings: April 16, 1906

8th Series Red Bonds-- Int. Fun	379.35
do Sinkg. "	880.23	I259.58
Water Works Mtg. Bonds Int	2I53.64
do Sinkg.	I734.I4	388.78
Special fund		I704.98
Police "		I8I6.48
Pound "		I02.08
Water Work General Fund		I646.35
Water Suppy		I0046.50
Street Sprinkling		5023.24
Old Water Bonds Int. Fund		30.9I
Gen. Int. & Sinkg. "		30994.00
	Total on hand	$I05597.03

TREASURER'S BALANCES ON HAND MARCH 2I, I90I

In General Fund		$95I65.68
School "		3674.33
1st Series Red Bonds-- Int. Fun	34.00
do Sinkg. "	I0.34	44.34
2nd Series Bonds -- Int. "	24.55
do Sinkg. "	I6.95	4I.60
3rd Series bonds Int. "	I262.70
do Sinkg. "	I3.05	I275.75
4th Series Bonds Int. "	542.68
do Sinkg. "	3I6.73	559.4I
5th Series Bonds Int. "	I5.I3
do Sinkg. "	4.76	I9.89
6th Series Bonds Int. "	I7.03
do Sinkg. "	5.62	22.65
7th Series Bonds Int. "	5I.08
do Sinkg. "	I6.25	67.33
8th Series Bond Int "	I263.69
do Sinkg. "	I2.68	I276.37
Water Works Mtg. Bonds Int	3220.20
do Sinkg.	2I4.74	3434.94
Special fund		I845.20
Police "		I390.32
Pound "		44.I8
Water Work General Fund		I7266.99
Water Suppy		I2622.03
Street Improvement		204.07
Street Sprinkling		4232.84
Gen. Int. Fund		299I.43
" Street & Water		I6747.4I
" Sinking Fund		3000.00
	Total on hand	$I65926.66

TREASURER'S BALANCES ON HAND MARCH 2I, I902

In General Fund		$23995.65
School "		I9345.22
Police "		2503.59
Pound "		30.43
Water Work Genl Fund		I0260.I0
Water Suppy		43423.6I
Street Improvement		I302.I0
Street Sprinkling		3II6.29
General Int. & Sing. Fund		25.49
" Street & Water		5244.65
" Sinking Fund		646.53
	Total on hand	$I09893.66

(2)

TREASURER'S BALANCES ON HAND MARCH 2I, I903

In General Fund		$3575.80
School "		I2048.8I
Police "		2539.80
Pound " Deficit	56.24
Water Work Genl. Fund		3I33.85
Water Suppy		64605.86
Gen. Int. & Sinkg Fund Deficit	26506.68
" Sinking Fund		II4I6.7I
5th Series Bond Int.		3.08
6th " " "		9.02
8th " " "		.I8
Street Improvement Fund		2.04
Street Sprinkling "		300.29
Genl. Street & Water		II.2I
Ist Series Refunding Int.		I7I7.5I
2nd " " "		I496.22
		$98860.38
		26562.92
	Total on hand	$72297.46

TREASURER'S BALANCES ON HAND MARCH 2I, I904

General Fund ---Defeicit	I3I28.59
School Fund		$I6205.54
Police "		I000.92
Water Wks. Genl. Fund -- Deficit	I7.56
Street Improvement		5.58
Gen. Int. & Sinkg. Fund		I795.87
" Street & Water		42664.68
" Sinking Fund		5I9.08
8th Ward School Bldg. Fund		2I06.08
		$5350I.02
		29444.65
	Total on hand	$24057.37

(3)

TREASURER'S BALANCES ON HAND MARCH 2I, I906.

General Fund --- Deficit	37640.42
Police Fund		2I06.90
General Sinking Fund		5I9.08
" Interest Sinking Fund		27225.03
" Street & Water		24I4I.89
Totals	$I20372.I2	$53992.90
	53992.90
Deficiency	$66879.22

Conceding that it is our duty to rejoice over any permanent improvements which have been made during the years named as well as any owned before that time, and for the moment leaving out of consideration the question of our bonded indebtedness and indebtedness in the shape of notes and open accounts, we can but observe with serious concern that in the years named we have so drifted or tided our municipal affairs as that the financial status has changed from one of $I05,597.03 on hand March 2Ist, I900, to $66,879.22 less than nothing on hand March 2Ist, I906.

We enter upon the new fiscal year with an overdraft as just stated, upon which we pay interest of eight per cent per annum. The City Assessor and Collector informs me that the taxes of last year have been collected up close4 an has been the custom heretofore. So but a small amount can be hoped for from that source util next October, the beginning of the collection of taxes of I906. We cannot tell exactly what will be needed to meet the expenses of the city government from now until October Ist next. But to put before your minds some idea of what additional sum will have to be added tothe present deficit (if the bank will generously lend us the money), I give here a statement of the expenditures in I905 between April Ist and October Ist, presuming that the amount required from April Ist to October Ist this year will be about the same as last year:-

DISBURSEMENTS FOR SIX MONTHS, FROM APRIL TO SEPT. INCL. ,I905.

(4)

Aldermens	Pay Roll		$47I.00
Mayor	do	$999.96
	Expense	3.90	I003.86
City Secy.	Pay Roll	I449.96
	Stationery	28.95
	Expense	I3.55	I492.46
City Auditor	Pay Roll	750.00
	Stationery	6.90
	Expense	I.25	758.I5
City Attorney	Pay Roll	I849.98
	Expense	784.50	2634.48
City Engineer	Pay Roll	I240.00
	Stationery	II.55
	Expense	4I9.23	I670.89
City Electrician	Pay Roll	I020.00
	Expense	72.05	I092.05
City Cemeteries			5I0.97
City Hall-	Janitor	375.35
	Fuel	92.09
	Repairs	560.93
	Expense	450.56	I478.93
Electric Light Dept.	Pay Roll	23I0.00
	Fuel	504.05
	Expense	I806.63	46I0.68
Fire Department	Pay Roll	I6044.90
	Feed	9I5.45
	Shoeing	I59.I0
	Repairs	I52.34
	Expense	I889.I6
	Fire Alarm	603.82	I9764.77
Health Dept.	City Physician	750.00
	Sanitary Inspection	780.00
	Hospital & Drugs	I753.85
	Small Pox exp.	205.80
	Stationery	25.00
	Expense	423.89	3928.54
Police Dept.	Pay Roll	I5238.26
	Stationery	I6.75
	Patrol Feed	I42.44
	Expense	I085.83	I6483.28
Pound	Pay Roll	360.00
	Feed	64.57
	Expense	84.25	508.82
Corporation Court	Recorder	600.00
	Stationery	65.00
	Expense	2.75	667.75
Street Dept.	Pay Roll	I05I0.90
	Feed	7I5.65
	Grave	592.I0
	Lumber	II3.80
	Rock	468.57
	Hardware	94.27
	Expense	755.99	I325I.28
Tax Dept.	Stationery	I74.75
	Expense	273.28
	Tax Suits	877.87	I325.90
Tax Refunded			I7.50
Advertising			79.58
Agency Charges			22.95
Board of Equalization			53I.00
Election Expense			300.95
Fines R emitted			8.95
Interest Current			I525.72
Insurance			I35.75
Judgments, Costs, etc.			I5.00

(5)

Pauper Expense			443.00
Street Sprinkling			2220.00
Miscellaneous Ex. (includes refunding $406.67)			454I.I4
Pub. Schools	Pay Roll	26626.83
	Repairs	I566.38
	5th Ward Bldg	I2758.28
	8th " "	I2747.07
	Expense	2II8.68	558I7.24
Bond Interest			48546.92
Exchange			32.I3
Public Library			2000.00
City Park			873.28
Calaboose	Boarding Prisoners	I754.96
	Expense	67.25
Streets Opened			I809.00
Gutters & Crossings			298.55
Culverts & Bridges			887.78
Grading & Gravelling			00
Hill Street Viaduct			445.29
Sewers	New System	I2I3.30
"	Extensions	II72.26
"	Maintenance	I848.07	4233.63
Street Paving			3285.56
Cement Stock			923.20
J. H. Maddox Pauper A/c.			200.00
		Total	$202680.I4

From a review of this six months of expenditures, we will observe that but little of it can be classed as expenditures for permanent improvements. If we class as permanent improvements the items of Fifth Ward School Building $I2758.28, and Eighth Ward School Building$I2747.07, and the item of street opening $I809.00. Hill Street viaduct- $445.29, sewers, new system-$I2I3.30, sewer extensions$II72.26, we deduct from the total $202,680.I4 only the sum of $30,I45.20, which would leave what we must add to our present deficit of $66879.22 to wit: the further sum of $I72, 534.84, or a total of $239,4I4.06. This estimate is made on the supposition that we can stop at the limit of our actual expenses and not even extend any sewers or make any improvements at all of the kind deducted from the estimate, nor any other of a like character. While the estimate of the amount we may have to borrow will be reduced a small sum by the little amount that will yet come in form tax collections of last year's taxes and former years, yet the item of $I525.72 of current interest as well as some other items will be considerably more. Let me ask, It appears we will have an to have anoverdraft of considerably more than over $245,000.00 $240000. On the first of October next?