Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-07-08
Isxrai nsss.s. ...,,.
a. Iaysr for the i ,saf e'"'
ur MlYoR or TnK

,r,,cr or rur M.1S Ss o. ,ss Inr
n SrArTLE. July 3D. 1904.
C' ~ coaaea Of the CITY Of
sx-As required By the city
/ present to you my an
sss containing q eeneral s'a'e .,.a
psss ondltion and affairs ei 'ns ci's,
q fee rib such recommend aiions a'
soopieo Ssueut are expedient and pro
- =, . bs adopted
-. uuexampled activity and general
I..,ty which prevailed everywnere
ra he preceding year mas sesn ua
dsfips .i followed by a period VI stag
upecd dizziness. This general Re-
psilop =. 81 mad Q corresponding depress-
sctsops - moon the vital commercial
~ nsofacturing interests OF oar city.
so norary suspension OF work In
Jbs ki,netiop of railroads; tbs great
% a,,oa of the lumber exports of
d,nI.ad eaused by the over crowded
me shs foreign and domestic mar
ess !. ~. saiIutss in the financial centers
49, Fsst. produced BY over speculation
sIlovsd by a general feeling OF
~ - Sis,rust, and a variety OF other
.naomitant causes. nave cotnu'neo u
- the extraordinary volume OF
ss,osss activity and enterprise which
cod fortune enabled as 10 enjoy
- ss,,ns the year 1883. IL may De safeiS
ss.s,,ed. hswsver, that the ETY. of Be-
- hss suffered much less IN this re-
49, than other corporate communities
80 Territory. She has held with
- c,asp her commanding sr,u alton as
LIVED trade center of toe Puget Sound
49,. nav sysn ues of commerce have
-. ooened TO new settlements; the
s.istion has steadily increased and
~ snirit of Improvement has not been
s.'s,,',sd 10 apy considerable extent by
- ssrineenoy OF the money market.
~. Isro, AZ and most substantial bust
- structures in the Territory are now
!. rrooses of erection In this city, and
ahsrs are contemplated 10 be built Ia
"a near futare, while SOME Of sur
rssItby citizens are constructing spa
Ina costly and elegant homes, and a
sra.s many less pretentious business
boaaes AID private Dwellings are spring
no moi every quarter OF the CITY. The
rrrsef,t hopeful prospect of an immedi-
- resumption OF railroad building to-
.srd tbe exhaustless Green river coal
sslAs. which will make this city the
natural outlet Of the product of these
mipsa. will aid considerably in the full
restoration of business activity and the
rich and profitable yield of the various
farm products tkis year in oil the dis
riots int utary TO this city will add
uosh 10 tie revival Of trade. The IN
domitable pluck and energy Ut our peo-
pie have not abated In the least degree,
and there IL every reason to expect q
untinueus ACC. lerated growth of all the
Material interests Of our city.
FINANCIAL sTATEMEST.
Al the beginning of the fiscal year the
iossl indebtedness of the CITY against all
funds was the sum of $l7,7U9.o5. This.
Of course, excludes the Indebtedness
against the special grade funds, the
financial condition OF which propose
70 discuss in a separate paragraph. The
total indebtedness at the end Of the
aesent fiscal year against all funds is
ihe sam Of SIS, 1891. thus showing an
Increase of $473.24. 1t was AN aRresa-
bio Surprise, In view of the many costly
improvements made during the year, ~
ascertain, upon the casting Of figures,
ibe favorable O lndition Of the finances.
! was Of the opinion last year that, with
The rate of taxation thsn levied, the IN
esbtedness then existing would be Gu
tlfely extingui-hed by this time, and
that tbs city wouid IN addition have
efficient funds 10 pay all ordinary eur.
pnt expenditures. But exigencies arose
shiloh required extraordinary appropri-
siions TO INT es the urgent demands for
improvements, and which were not con-
,emplated or deamed necess Try at that
Tine. These may be- summed up as fol-
lsvE
Exssndina fire slips foot of Co.
lumbia aud Washington SITS. "a, l0i.76
Warrington street sewer ..... 3.975.5s
Mil and James streets sewers 3476 So
Extension of Mill street sewer 3.37695
Costof Columbia street engine
house ...................... 6,52O.95
Total. x2i .452.l2
Theseexpenditures were not estimated
for IN making the last years tax levy.
In addition the general CITY fund had Ia
make good def 'ienoies in various grade
funds, which remained uncollectabl~ and |
which aggregated ths sum of 1865 80, |
Thcsum OF $500 was also appropriated
out OF the general fund 10 put the streets
and Pablo places IN order on tue occa-
son OF the celebration OF the opening |
Of the Northern Pacific Railroad. THIS |
expenditure was certainly Of doubtful |
pfopriety, and could not be- Justified on |
legal principles, however nuoh iI ma,
bsye aided she business prospects of the |
CITY and brouu ht Its importance to the |
notics Of distinguished visitors.
Ihs following 10 the particular condi- |
lion Of each general fund. VIZ:
City Fund-No claim exists against |
this fund on June 30, 1884. and \ bal
ance remains 10 the creuit OF the fund |
Of t669i.S3.
Road Fond-Total Indebtedness June |
~ ita, ia, 74o.69. All warrants against
.am iond are paid no TO the 9th day Of |
April, 1884.
Gas Light Fund-Total indebtedness |
June W, 1884, $i6s.7 20. All warrants |
Sz'nss THIS fund are paid mp to the 7th |
tuutt lc3fs
hre Fund-1otai indebtedness June |
~ 1854, sss57.29. All allowed claims
ssa'nst this fund are paid mp to the 9Th |
Gay Of October, 1883.
Cemetery Fund-Net surplus TO the |
e.edit of this fund $28l.Sl, against
vnlen there are no claims.
Tue total assessed value of all taxable |
Nopefty, real and personal, within the |
wy mpWo,OOl. This Is an incrs 80 In |
sus year Of x2,9S0,6ls. Ga this amount |
saes have ben levied ~ follows. Road |
,sna, " mills; Fire fund, ~ mills;
vas Lieut. fund, (levied ouIy w,sniu GAS
Unit ! mill; total levy. mills. Il will |
ao.iced that no taxes whatever have |
IN levied TO replenish the CITY fund. |
80 believed that the surplus on hand.
~ ~ UoeIp,s from licenses, will be alto !
sssasf sdequate 10 meet all demands.
~ Total receipts from all sources, in.
sssuing licenses bat excluding SPECIAL |
Tor street improvements. aecrs-
SAses We sum Of $7l,I2552.
uomu herewith full and detailed |
ssnolaI exhibit VI all receipts and dis
s 80 relating TO the various funds
Wntf statistical matter, prepared
NE very efficient CITY Clerk. f. n.
osoorns. Esq.
RxroRx.
sss1 80 year experience in this Office has
c,-s s. ne that some VI the methods in
srs.ion With the expenditure Of city
ss,.ss. are defective and need recon.
r,ns~. Our municipal household has