The new North-west., 1890-03-14
COUNTY INDEBTEDNESS.


The Anaconda Rerieao had an article last
week on the Indebtedness of our county
in which it speaks of the increase of the
figures given by the Reriec are correct, but
do not show the full indebtedness, as the
annual statements are always made up to
the first of March and do not include the
Indebtedness made during the last quarter
Immediately preceding the rendering of
the statement. A more correct statement
would be as follows, using the figures of
the Reeie'c, adding the claims allowed at
the present sitting of the Board and other
unpaid claims, estimated:
MARCH /, 1880. DR.
Reg warrants including int. due Oh same. 76.2A O3
Warrants in Clerks office, subject to call 1,3o6 II
Oyerdraft on road, con and co. funds. -. 22,t95 n
Bonded indebtedness County ........... $1,000 90
Claims allowed on county fund to date., 6,2M l6
cOntlns. 80. 1926 6l
"" EE?ss E?iage =: s.,sS sS 5S I"
Amount OF unpaid claims, estimateh..... 1900 CO
From which deduct the amt to credit Of
bridge and poor funds on March |, 90. 6,767 60
Indebtedness OBSERVATION-DISCLOSURES .sl75G5l 5s
There was an increase Of Indebtedness
during the year 1889, but it is not attribu-
table to any extraordinary extravaganza,
and much of it arises out of the develop
ment of the county. The increase in the
Indebtedness for the year was in the neigh
borhood of 100000, but we spent for the
opening out Of new roads and the building
Of bridges the sum of $27.5GG. which was
Il very heavy expenditure for that purpose
During the year 1889 a number Of impor-
tant and costly criminal cases were set for
trial ut different times and large numbers
Of witnesses subpunaed, but the cases
were not tried for the lack Of court facili
ties. This was very costly. but it canno,
again occur for the same causes There
were many other expenditures for that
year that do not come every year, such as
were created by the election and those in
cident to the passing from 4 Territorial
government to statehood. Even hereafter
election expenses can be much better held
in hand and curtailed. . ..
The total collections from taxes for 1889
including State. county, city and special
school taxes, was $157,4ls.40; licenses
$6s,0oo; making a total Of S225,41s.4O.
Of this there properly belongs to the
| county, to meet county expenditures. the
following amounts:
G9nnty Ponp "a 3 s,1l1 ~ q 6;
Spec a poor, per capita tax.......,,.... 2,432 O
Road d.'.-..'......',.t 'ttt.:..,$it.t. l6,lI! Y
AVA tnt =; q
Three fonrths Of licenses collected 5i,C0J &
! Total .slaosoo q
| The expenses for the year we're: 4@
| Amt warrants on CO. fund, reg. M'chl So
Ami warrants on contingent fund reg. V - 's,,Y
| March 1, 80, to March l. 9O....,..... 42.33s /;
Amt warrants on poor fund, March |. SO, ,.,o :,
Amt warrants on ESal a,d hrdgs fund >, ,cs :.
Amt interest paid on bonds one year ., $3.50 tE
Total .Sl45 737 T.
This shows that the expenditures for tn,
year exceeded the receipts by about SO,
600. There is nothing alarming abou
| this. The receipts from licenses and take!
will in all probability be much larger tbs
| present year, while the expenditures vii
| decrease perhaps from 100000 to 1000
Unless something Of an extraordinary ma
| turc happens. there is no reason now
| apparent why the debt should not be an
nually reduced by 4 good per centagc ilnt
in a few years finally disposed Of.
The bonded Indebtedness mentioned
above is rs follows:
Thirty bonds. $500 each. due June 30. 81 go SIS n'
Seventy bonds, S510 each. due JAN, 1896 30 o.
inlai .-,,,..,,, S5v w
These bear ! per cent interest, Ths
! Board is now discussing the proposition II
| bond the other Indebtedness. which RAJ
| interest. But Of this at another time.