Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1890-03-18

REsorRcEs.
n asury balance cash,
Cnculls e,ed tsxes.
Tax deeds on tle.
else u
S-,Hs. -
s.@ o.
0i.kS1

Cncolls esed tsxes. s-as. =
Tax deeds on nle. s.cY Q
81. ~ i
D The same class Of resources
iasi were state In gro's
Increase OF resources. sAis v
The increase of resources 10 due to the
amount of uncollected taxes, resulting
from the unfortunate mental derangemeni
of the late treasurer, which has left the
= city without collector until his accounts
can be adjusted aud the tax bills com
mit,ed TO smother collector. At least
100000 more taxes could have
been collected, and the temporary loans
: reduced that amount, but for this condi-
ton of the collector.
II the question be pat, A. II may be per-
tinently, how more than s&l ,0t0 may be
pal on account of a new bridge, without
assessing a specisl tax, ard only increase
the debt SIS ,5oos The reply is.--
First; The bills paid on account Of last
year are properly added TO the debt Of last
yesr, less the amount reported.
Second: On the expenditures Of last
year by itself there was net gain Of over
SIS 900, including the pay ment of the bonds
falling due during that and the previous
municipal year.
Third: The bonds were funded, and
while this fact did not increase the debt, il
furnished 50 900 for the bridge.
Fourth In making the 8l5, 900 gain the
actual liabilities reported last year, other
than bonds and temporary loans have been
reduced about one-hslf These items and
the increase, will account for the bridge.
The total cost of the bridge when entire
ly completed including the removal of the
n NOR h.H& rh..S g..
ment of sl7,750 in round numbers must be
provided for, The Contractors for the
bridge will doubtless complete their work
in about six weeks.
The contractor for the substructure
agreed in his contract to complete the
masonry Dec. 10. 1889 He has not
finished any part of the work ac-
cording to contract and the speci-
fcations. Under the Law relative to
the bridge it will devoive upon the Mayor
| and Aldermen to take such action in the case
AS may be necessary.
Assuming that the work will be completed
al an early day, it will be necessary TO pro-
vide for payment and for the current ex.
peuses of the city until the tax assessed and
to be assessed for the cure Mt year become
available.
The usual temporary loan should be au-
thorized.
Ii 10 true the temporary loans now out. |
standing may be demar ded at any time. |
but II is not probable that they will be; but |
whether dt msnded or not they must be paid |
Howl BY taxation When? just as soon |
as il can be done ~ithou, being burdensome
to those who pay.
The ciiy's resources have been stated ~
S3l ,529 "A
What are they wor,hs The uncoilected
taxes Of 1889, amour I to SIS 1872 %, and on
the basis of collections of former years will
be available the ensuing year TO the amount
of 81 ,0Gl 90 or so per cent The uncollect-
ed taxes OF 1883 realized in 1889 only about
40 per cent OF the l,5ll "a re
ported uncollected March 1889. only
81 9s6 4S were available the past year, OF
the So, 1856 80 in tax deeds on file sl7s 10,
only were realized. Experience therefore
teaches that not over 33 per cent of the un-
collected taxes can be depended upon with
any degree of safety. Il is difficult to see
how the overdue interest OF IS .427 90 ss
reported last year. the 81 900 past due
bonds, and 1922 600 of temporary losns
could be paid in 1889 from s2l 5il % of
uncollected taxes of which only 81 1856 ~
were colectsble even though 81. 100 81 of
the ar preparations of 1888 were undtawn
and there had been no other bills outstand-
ing.
"' "a ''. u'e p'e'en' .'u"
50, - Ds - "s .1, 81 ,t, ,aA' S.e nm .n'
'"Iuas s",i ,;, "J. :. go ~. s.p =, "na
that every hi con,rsc,sa in hi. Jena,,wen,
was ranJ.,oJ anJ ,a;J In. -, ..s
,h., ~, M. r.'.s
pon, as.,ra ,,,a ,La, ssn oo Iii sa, ""
. ~. ,,'s, '"t 5000. ~ w. W" 80 q"
.nn,a oia;ras ,,n,', ,,haa pa 80. .s W
ona,.sa s.,> ~, L., ,'aa, GO
60 80, b. n,i,oJ RI LII
IS ~ , ,,' e s"o" ''
oa,,;", ~ re- ,"o"a 'o"a" "n XII We n"o'".t
W f r., a,,o an. ,oun.
now on,s,and;aa =, G ,;,, hn',;snn, ,h". ..s ..
n;,v oe,oars,;,h.r o,,,a 49,, .,,a.n ,.. ~ .,' .ns
.ao,;ra,nnn,s - d.. ~. wv " t"e
c,n,no,an, \. ,o haro no Inou,.a.a oS ,hs
bu.;rsss ,.i,h yhich ,hav ra,o charasd
In o,der to moa, ,he oh,ia,,;nn.o 20 ,,.
city | recommend that Won su,bor,ze the
fundng Of the bonds now past due and to
become due the current municipal year.
Ihs VIII provide Temporary aen relief to the tax
p prsa.;,u ,ha M havoud uVvv ,hs nr..sn, "f
The amount which would necessarily he
assessed TO pay the bonds can be ss .essed
on the bridge account. the balance can
without doubt be realized from the urcol.
lected taxes now due. The aggregate
assessment for the current wear NAV be re-
duced S5 600 be low that of las, wear. and
with as prudent management a, dur.
ing the past wear, without sscri-
Hcing paving or sewers, or any needed
Improvement, we may keep within
the appropriations and have a margin of
cash to apply to paving the present tempo
rary debt AZ well as all loans that NAV be
made for current purposes during the pres
ent wear.
The Executive authority /, vested in the
Msvor and Aldermen The CITY Council
have ordained rules for their govevnment
and that of the citv officer,
I call your attention. I call the attention
of the public through YOU to the ci,y ordj
nance that-"The MONEYS raised and an
nronris,ed for ,neci6c npyno.e. in tho an
nuaI estimates bv the Ci,v Connc;I mail
h. .,ud.J -. .,
peru" V"'s y" '.f"""'o" !" "'""y
V me oWet OF comWiHee hdttng ehdrge V
such srptndtnre, on the Mayor; and the
re0uisiton shall state The reason h,ysfoy.
49,, 49,. ". I...,-.
.mr, ,ha i,.,s,n.,.af G ~ ";,n u; nuH .as
o,aa,1o5 =, ~ =, ,;r.
~. IT.;
o;,r e., o,.a,, - , " W"
go y p;,. O. ~
.. ~ | nv, ,1..N
:. ~ - ne' 1..o "es. 'e"eI.
complia nee after having attention called to |
1t; by some II was treated with contempt.
II must be, and VIII be enforced IN sp rit