The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1864-01-27
Annual City Report for 1868.


RICHMOND, December 81 1853
| To tie Nasor and Common CDn.eil
| GESrLEnES:-Thc Committee of WAYS and Means
/ 10 whom referred the Annual Reports of the
Clerk and Treasurer the Committee on Public Build
ngs and Markets. the Collector and verbal Reports of
the Mayor would respectfully report that they have
examined the Except tie last. and believe them
be correct Except that the Collectors Report lacks
the affidavit required BY Ordnance Owing the
disposition of his Honor, the Mayor, your Committe
have examined his books DC, required by Or
nance. According 10 custom. we herewith submit a
brief statement of the financial condition Of the city al,
the present time. which We are happy 20 viii
compare favoraby with that of other institution
1t will be by reference TO the Clerk and Treasur
cr- Reports that there CITY bonds outstanding tn
the of 700 which. in part there
is in the Treasury S420s "A. showing actual indebted
Of S749l,26. There viii doubt be realized out
of the Delinquent Taxes, Rents and Street work DONE
and wood on hands say g, 900 leaving about $4,000
10 b. raised b. ration otherwise which could all
be lqulated in the years, same rate of
taxation present year, by reducing that on
street work, which be done without detriment-
The item Interest in list of expenditures perhaps does
not appear as large as really Is. Two ago
paving per interest in advance on all our
bonds, about 1000. During that time the inter
has been reduced all tie bonds TO six per cent
payable at the end Of each year, thus making a nett
saving toshe city of about 3 90 per annum, same
amount OF indebtedness. NJ the beginning of the
present wear when the taxes levied. il was de
signed 10 do only about LOCO worth of work streets
but il will be that the expenditures streets
amount to about $4,000 This increase is accounted
for in part by the heavy excavation 9th and
the increase of wages for hands and cams; and as
there Is no other such heavy work In contemplation
this item can be reduced some SO. 900 per annum
OF the appropriation of 200. made in the begin
ming of the for the purchase of wood $3.50 has
been expended, and we know Of why the
will not be refunded during tie and spring
The item of expense for military purposes Of esq.,,
% was not provided for when the tIxes levied
and most likely will necessarily wear
unless il may be found necessary furnish another
suit of clothes to said military companies also. the
item for printing will b reduced about S00. Said
auctions, streets, wood military. &C. making
about 600, will probably appear in the list
of expenditures next year. If this policy is pursued
and of the other items of expense increased the
whole of the present Indebtedness appears by the
Clerk and Treasurers reports may be nearly entirely
paid off with the present rate of taxation. during the
present In the item of 'cash hands, in the
Trcasurcr's report. $4,000 of tie is a county
bond leaving only 81 EOS "A in actual cash. which is
not enough to keep 1.-THE machine moving until the
revenue of the coming be levied an collected
The bounty authorized by the Council to be paid BY
the Treasurer to volunteers to fill up the quota OF
WAYNE township. will in all probability amount 10
about 3. 800 which amount the Treasurer has made
only temporary arrangement for and which together
with the additional required amount for civil purposes
will have to be provided for
In order To afford some data for the committee in
settling with the collector the end of each year. the
in the Ledger, charging him with the amount of du-
picate, additional assessments, amounts of private
work DONE alleys sidewalks &c. and credit him with
receipts paid Treasurer, reduction assessments and
delinquent taxes, &c. which would facilitate their la
bors very much. All of which is respectfully submit
ted. A. +. SCOTT,
THO'S j. BARGIS.