Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-04-18
FUNDS OF THE CITY
The Condition Of Municipal
Finances May
OUR RESOURCES AND DEBTS
Showing What the Democrats Have
Done and What the Republicans
VIII Have 20 De-

The administration of the city gov
eminent, which has been controlled by
democrats for the past seven years.
will, or May /, pass into the hands OF
The newly elected ofh'
GERS viii take possession Of city, the
actual valuation Of which 10 estimated
at 500 ,00o, 900. The assessed valuation
of realty. $4,000. 900; the assessed
valuation Of personal property, $1,000
600; the total bonded Indebtedness, ST.
AT 900; divided as follows; Mater
bonds, $9I2 900; city hall bonds. $780,
900; school bonds, S4o5. 900. Accord
ing to the city trexsurer's books the fol
lowing was .he condition OF the city
finances March 81:
To the credit OF the fire department
fuW sis, ,es6.s2.
nlice department, $5l .653.s4.
First ward highway, 81 1902.
Second ward highway, s11.9s.
Thlrd ward highway, 81 ,2S2.l7.
Fifth ward highway, 81 .51s.sf.
Sixth ward highway, ssoI.S5.
Eighth ward highway, S44s.4S.
Ninth ward highway. $a55.os.
Tenth ward highway, ;. ,655.o3.
First ward sewer dislrics. ~, ,2s0.0S.
Second ward sewer district, s., 1926.
Bridge, si.7l3.i2.
Lamp, $4s, ,036.44.
Police court, S220.16.
Superior court, 81, l9oeS.
Water works income, Sl3,3ls.23.
Hospital, SO 5000.
Valley City cemetery, s5,Sol. .o6.
Greenwood cemetery, si ,5sl.2i.
& - hall interest, $3.50.
John Bail park, 81 ,02i.Sl.
Wealthy avenue bridge. $500.
FiTst ward soldiers relief, ss5.
Fourth ward soldiers relief, $50.
Fifth ward soldiers relief, $50.
Sixth ward soldiers relief. s1.62.
Seventh ward soldiers relief. Sb2 40.
Eighth ward soldiers relief, sIi.40.
Ninth ward soldiers relief, S42.s0.
Tenth ward soldiers relief. .59.6i.
School tax, Sl6, 1854; fees, S4.2l3.4i.
Charles stieet opening, Wealthy ~
Logan, S571.lS.
South Lafayette street sewer. S94.ll.
Benson street grade, S2ss. .G.
Charles street opening, Thomas to
Sherman, $16S.
Special Improvement bonds, $780,
23l.i2.
East Leonard street sewer, SIS IS.
Hamilton sn eet sewer, S5l.33.
Sewer III Thompson's court, $500.
Caledonia street grade. SS1s.93.
South Prospect streei sewer, SoS-sl.
South College avenue opening, $500.
Lake avenue sewer, SlsS.3o.
West Leonard street grade, SS, 5.32.
Center street sewer, s3o;2
Grade Of alley between Lafayette aud
Prospect. $S57.07. '-s
Ess, Fulton street sewer, $2co.4S.
King street grade, $l6.3l.
South Union street sewer, sl26.04.
Valley street grade. $si5.o5.
Charles street sewer, $2,S.l2.
East Fulton street grade. 81 ,3S479.
Livingston street opening. S19l.l2.
East Wealthy avenue sewer. SlGs.25.
James street sewer. SOILS.
Cass and Fifth avenue sewer, $3.50.
Bowery street sewer, S5s.12.
Terrace avenue sewer, Si1.li.
Sewer IN alley between First and Sec
ond streets, $299.SS.
Tenth street grade, S5Si.19.
Monroe street improvement, 49,
$50. 80.
Jefferson avenue improvement.
$395.67.
Erie street grade. $sl.25.
Pearl street improvement. Sl2, ,l23.i9.
Bartlett street sewer. $4S1.91.
Third street sewer. S6o.i9.
North Prospect street grade, $685.. $50.
Total. $685. 729.0T.
Contingent and Overdrawn.
Against the above there will he the
current expenses for the month OF
April, which, IN round hunters, ac-
cording to low estimate. Will reach
$50, 900, leaving n balance on hand May
/, approximately of S5sS,s29.10. From
TINS amount must tie subtractcd the
various funds which have been over
drawn during the year.
The general fund was overdrawn
$S620. 0.69.
Contingent fund. $s52e.3o.
Foureh highway fund. Slo22.o52.
Seventh ward highway fund, Sl7s.6o.
Park fund. SlSs3.ie.
Police headquarters building, $s-
575.49.
Madison avenue engine house,
$e66.35.
Lincoln park. Sl4o9.5s.
The total amount overdrawn in the
nine funds mentioned Is SIS, ,s2T.o4.
In addition the 500 900 specIsl i'm.
provemcnt bonds. which were to cover
8 period of two years, are nearly ex-
hausted with the first year. sls2. .246,-
s35 having been expended as follows:
xvrtIe street grade t 5.-H 30
Ianal street iintrovement.....-...-..-.. f.l05 20
Cherry street improvement. Lagfsve