The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1893-09-01
$4,000 $4,000

The increased levy in the general
and road funds was necessltated Dy
the city's present financial condition,
and the fact that the city will be bad
ly behind at the close of the present
fiscal year, March 31st, 1894. Mucn
of the increase is counter balanced by
the reduction of the sinking fund by
$500, making the increase in the
levy only $4,000. This is undoubtedly
the wisest course to pursue, as IL Would
be poor policy to make much OF an IN
crease in the tax levy at this Time.
The different distribution OF the
funds will relieve the pressure on the
general and road funds and possibly
cause a reduction in the floating debt,
if economy prevails next year to the
extent to which it is now being eXer-
cised. The small increase will cause
no complaint, unless among chronic
grumblers.
Aid. Higgs has examined the city
treasurer's books personally and made
some statements at Saturday nights
meeting of the council which all tax
PAYERS should know. We give his
figures, as follows:
The city expended during the year
ending April 3lst, 1893, from the
Current Fund, S24 ,6ad. "a
Road and Bridge Fund, net, l3,26S.32
Water Works Fund. 4,37l.47
PARK Fund, 476.60
Sewers. 6,124.44
Interest on Bonds, 12,o4O
Sinkino Fnnd. 1850
Total 500, 231 81
The amount borrowed prior to April
10th was S11 900. In March the county
treasurer turned over to the city $4,000
which was used to restore the sinking
s fund. When the new council came
i'm it found 81, 500 of unpaid orders and
$4,000 of unpaid coupons. This shows
that the last preceding council was
S25, 900 behind, or had anticipated the
tax levy for this year to that amount.
The estimated revenue this year,
outside of the tax levy, is as follows:
Saloon licenses. $1,000
! Nunicinal co1rt fees. 800
Miscellaneous, oUo
Sprinkling assessment, 4,OOO
Water rentals, o,uoo
Total S23, 300
OF the liquor licenses, $4,000 has
thus far been paid in.
Add the tax levy and these other
items of revenue for the present year
together. and the sum is S5S.3OO. 1t
will be seen that were the expenses OF
the city to equal what was expended
during the year ending April 81, 1893,
the city would not only fail to reduce
the S25, ZOO of floating debt which the
present council had on his hands at
the beginning OF year, but would have
this debt incre ased by nearly $4,000.
The city will by Oct. 1st be entirely
out of money, and the financial ques-
tion which faces it is serious one, as
the usual resort to the banks will this
year probably cut off by the inability
of the banks to loan money, unless
confidence is restored and the money
that has been drawn out is returned
In this dilemma private individuals
must be depended upon to assist the
city. In the meantime let every I'M
necessary expense be Topped off.
The souvenir manual of the Min
nesota educational exhibit at the
worlds fair is fine piece Of work. Ii
contains beautiful engravings of al
the educational institutions in the
state, with inside views of many
There is fine full PACED picture O
the Mankato Normal school, and in
terror views of the assembly room o
the primary department. latin room
geography room, algebra and geometr.
room, library, music room and Office
In the write-up of the school Tn
statement is made that during tb
last thirteen years the normal depart
ment has increased it's enrolment
under advancing standards of admis
sion, from 10l to 366, and the practic
school from 40 to pol. This increas
would have been much greater blu
for lack of room, which has for tn
past eight years retarded the growt
of the school," The library is state
to number over 5000 volumes.
-Robt. Just, jagged 46 years, died at hi
home near Rapidan at ten o'cloc
Friday from inflammation Of tn
brain. He leaves a wife and min
children. His father, three brother
and sister live near Rapidan, an
brothers of the deceased reside
Stearns county, one at Window, an
one. DIR. Just, at Crookston. Th
funeral will occur at two O'Clock Sun
day afternoon.
M. A. Sherk s. Son are improvin
the appearance OF their store with
new coat Of paint.
Mr.. Lease has let the contract fC