The state herald., 1890-11-21
CENSUS BUREAU STATISTICS.
\ Bulletin Showing the Financial Con.
dition Of Cities.

\ Bulletin Showing the Financial Con-
dition Of Cities.
The census bureau has issued
bulletin upon the subject Of the financial
condition of municipalities In Colorado.
Five Of the leading cities are considered,
viz; Denver, Pueblo, Leadville, Colorado
Springs and Trinidad. II 10 shown that
the total debt of Denver 10 e65o, 900, all Of
which is bonded debt The total avail
able resources Of Denver are t712, 8A %
against $50, $50 in 1888.
Pueblo 10 shown TO have bonded deot
Of sl57, 900 and floating debt Of $4,000
making total debt Of el92, 200. it, total
available resource IL t75,0oo and it annual
interest charge tl2,920.
Lesdville, 1t appears, has bonded debt
Of s6o, 900 and floating debt Of $ll6.6s9.
Its total debt 10, therefore, SITE, 6s9, against
. total debt Of sll2, 900 In 1880. it, annual
interest charge IL sl6, 469.
Colorado Springs has bonded debt OF
1885,, 600 This amount represents IT. total
debt Its total debt In 1880 was SIS, 1896.
Tie total available resources Of Colorado
Springs IL tal, $50, and Its annual interest
charge Is t20, 160
As to Trinidad, the bulletin states its
total debt to be $4,000 or this amount
s32, 900 Is bonded and SIS, 900 floating debts.
Its total available resources IL Ga, 900 and
Ito annual interest charge ss.l60.
The bulletin shows that while the total
Of these five cities Of Colorado has in
creased 500 per cent. during the last ten
years 1t also shows that the cash In their
treasures and other available resources
has increased during the same time l,i96
per cent OF the s5s municipalitiesn1R tAr
consideration only ll9 have resources in
excess Of debt and Denver is one Of them.
Tho financial condition Of 1880 Of sSS
cities and large towns Is shown In bulletin
No. II issued to-day by the census ONCE.
Within few days the supplemental bull
letin will BIO issued, showing the Same
facts in relation to the remaining cities Of
this size. This, with tho one published TO-
lay, will represent about 95 par cent Of
the municipal debt of the United States.
The statistics presented cover, for each
city or town, the bonded debt the floating
debt and the total debts, Of the cash in the
treasury and other available resources, the
amount In sinking funds and the total
available resources; the debt In excess Of
resources, resources in excess Of debt, and
the annual interest chargcs. These de-
tails are given by groups Of states, for tho
In tuf1 llu nd fnv oph VI n
cities and towns. The general results for
tho s5s cities and towns considered are %
follows:
The bonded debt for 1890 shows m in
crease Of per cent, a. compared with
1850. On the other hand the floating debt
has decreased II per cont The increase
in the total debt, in the ten years is per
cent. Tho amount invested In sinking
funds has increased % per cent, the cash
In the treasury has increased 81 per cent,
and the total available resources have
increased 20 por cont since 1880. The ex-
hibit as whole, is most satisfactory and
gratifying one. During the past ten years
the SIS cities and towns represented In
tho returns by reducing their debts, or
Increasing their resources, have tet,crod
their condition financially TO the amount
| Of t4,577,0i9.
Tho Southern cities and towns have liz
creased their debts by ts,b77, 1854, but have
increased their resources by sa20,6aI, and
their net increase In debt 10 expressed by
q, lb6,65l. Tho Western cities and towns,
| like the Southern, have increased both