Birmingham age-herald., 1894-07-28
UNANIMOUS.
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 bama at the next election, on August 6, 1894.
 Your committee begs to state that through the courtesy of the present city treasurer, MT. w. W. Crawford, AS we'll as through the kind offices of the former treasurer, MT. Frank V. Evans, whose ex- perieDce, in formation, advice and sugges- lions proved most valuable to your com mittee, this committee has been able to as- certain the truo facts of the present condi- tion of the city finances, as well as the figures that we may safely reckon on for the next twelve months.
 The assessed values of taxes for 1892 were between S2i, GOO, 1000 aud S22, eco GOO; for 1898, S17 ,o0) 600, and for 1894, estimated, S15, ,000 ,000. IL will not be above that. The estimated expenditure for 1894 is SPAS, ,0G0; including the interest on Fl, $50 GOO bonds, S91, coo, making total of expenditures for running the city and fixed charges on bonds, S339 0C0. Estimated revenues from all sources are only S166 GOO. The expendi- lures for 1894 were arrived at from tine ex- penditures for the six months from January to July 1 of this year. The estimated revenues have been arrived at in a safe and concise manner, arc strictly reliable and will not vary much one way or the other.
 There is no possibility of recalling the expenses of the city government to such an extent as will enable the city 10 pay its necessary expenses under the present rate of taxation and general revenues. It is owing to the depression of business and the low rate of assessment that the revenues of the city are 80 far beyond the necessary expenditures. As shown above the, assessed valuations of real estate is nearly 20 per cent less than they were last year, and more than 40 per cent less than they were in 1892.
 Another item ofimportance showing the decreased revenues of the city this year is brought about by the falling off of the re- | ceipts from licenses The revenue from this source alone in 1892 was SSS. .0S3. 20, | for 1893 S76, ,637.20, in 1894 s60,000. The | revenues have decreased all along the line, | the principal revenues being from license | and taxes, which have decreased to such | an astonishing extent that something must | be done to make ends meet, which it is im- | possible to do with the strictest economy l under the present adverse circumstances and conditions.
 With the adoption of the Hundley school | amendment auG the Birmingham tax | amendment to the constitution, and esti- l mating an additional revenue of S100, GOO, | being h per cent on an assessment of S20, | GOO ,G00, the city can maintain the govern | pneut and it's credit abroad, as well as it's | systems of public schools, but only even | then by the application of the strictest | economy, since from the figures submitted | to us there would even yet be a deficit of | S64 ,000.
 Therefore the committee recommends the adoption of the Birmin gham tax amend | ment as iInperatively necessary, and to take | such steps as will bring the matter 10. the favorable consideration of the voters of the state by the appointment of committee by the president of this club to formulate an address to the voters of the state, to publish the same in all the papers of the state, to send circular letters to the voters all over the state, and to appeal to the various county campaign committees of both the Jeffersonian and organized democ- racy in every county in thestate 10 advo- cate the adoption of the amendment, there- by saving the city from bankruptcy and al- low it to maintain its credit, faith honor and integrity, which is sacredy and evccably pledged for the payment of the interest and riucipal on its bonds and all other obligations honestly incurred or to be incurred by using it's good offices with the voters, which amendment can not injure or affect the people living out of the city.
 The attention of this committee has also been called to the un fortunate condition of affairs of the low assessment upon tue property in this city, and urges the city 10 cooperate with the county authorities to secure a more just, equitable and fair as- sossment of real estate within the corporate limits of this city. Respectfully submit- ted, S1aFRIED STEINER, Chairman.
 JAMES WEATHERLY,
 J. B. COBB,
 N. F. IHOMPsOS,
 Ccmmitte
 Birmingham, Ala. July 27, 1854