Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1895-03-09
To Taxpayers Of Sll, Lake County,.

Ia order that you may vote uudor-
siandngly upon tho question OF bonding
tho county, we desire to submit tho iol-
/ lowing statement for your careful con.
si1orAtion.
According 10 tho recent decision Of tho
/ Supreme Court Of this Territory, thoro ia
% valid Indebtedness existing against The
county, Boa tho form " outstanding war
/ rams, tO the amount u ellUIsAl1. Tho.
warrants boar Interest 10 the rae Of 5 pof
/ cont nor nnuum, and tho iutOrUlt thAt
hnH already accrued ls estimated ut tii,s
HlN2'i so that this Indebtedness with The
iu,cr1st already accrued now amounts 90
] tiNI, aul.si
Tho interest on tho above lndob'c duo.s
! amounts Zoo otCh year % ai,UlS.bl. To
I addition tu tho above amount, thor0 b.
duo from Salt Lake county To- tho various
school districts la said county, aud
! t1 Tho Iouilory OF lAh aud Salt
Lake city, Tho sum of g2I.s0l.s7, on ac-
cuuut ~ properly sold 10 salt Lake
] county iur delinquent taxes for 1893.
] AZ least uuU-hHI of this amount has
already boon paid into tho county treas
/ ury iur rodnmpuons irom tho TAX su'os
anl Ihe balance will ovontunlly bo paid
Ia rOdompuuus from those tax silOs to-
goihor with Interest thereon a. tho rate ~
] "a per cont per month.
We hAyo bHou iut1rm1t that tho dis,
| triCt schools throughout tho county arc
| very mucn lu need Of tho amounts due
them, and thoy will boc0mpoilud TO close
tho schools unless those amounts are
paid
We trust thal tho ,azrayors will tako
] into confederation tllH question OF paving
] tho different sehull districts tho amounts
that Hru jus ~ duo Hud should have long
since heon paid, and that thoy will not
aid in tho continued preparation NJ this
/ WRONG ~ voting against tho Issuance OF
/ bonds
10 pay tho warrants that have been
declared valid. accrued iu Urost aud the
/ amounts due ihH various school districts
and .ho city and Territory, the sum ~
| $50, 8Gh-l Will BOO necessary, or tho
Huiu ui el,Iil 30 iu UNc1ss of tho amount
Tor which bonds will DO issued. 10
u tu DO expected, however. that tho
bonds Will sell nt q premium sufficient 20
cover this loucluncy, Any surplu. ro-
coivud as prDmium on tho sale % bonds
eau DO used in making uoOici Improve
mons aud in that manner tho disttgss in
the city aud county eau 10 some oxlout
be relieved
That It will bo impossible 20 over pay
this Indebtedness from She annual iu-
como aud revenue 10 iha county b. owl
don't nom % consideration ~ tho tll-
lowing lgurrs' Tho tonl receipt. from
Salt Lake county Tor tho year 1894, az
appears from tho county irplsurot's
statOmeni, amounted 90 sltTu.lIt; OF
this amount 5000 was Tor the utXos OF
isD1 and l.DJi aud $4,000 wa. for
redemption ior tax aal0s, and slli,IGl.3j
was collected for county ANof, leaving
Sl37jAlG received from miscellaneous
sources.
Il is estimated that ihig yo1r tho rovo-
nu0 Will ho considerably loss than for
tho year lsli Tho amount collected
from county hNIf Will not ONcO1d slOJ,-
ub Tho ump luH received from o..
dUmptiuuH from tax mlHs will NOS oX-
coed $1,000, aud tho amour. .nfo.vpd
from miscellaneous SOURCES 49,. .iJ OK.
Good 300, making tonloi E. 1000 49,
tho estimated revenue ~ tho c1un.y for
the year lrll,
Tho disbursements for tho yoar 1891
/ amounted 90 sls1Iilii; OF this amount
tliIOl2,nl was disbur-ei on court house
and grounds aud sl1d,a51au was disc
bursod on roads and bridges, leaving "a
balance NJ .NiO.ll DISTURBED Tor ms.
collhnooua expenses.
Tho county building and grounds al.
ready having boon completed, tho dis
bursomouts tor 1875 will bo limited To
tho necessary aud actual expenses ior
mainlalAing 1.-The county government
aud tho Institutions under Ms control,
which excuses nre estimated as FOL.
lowH3 Tho caro- ui paupOra aud insane,
$1,000, this expense la 1891 was Sgl,G25.-
80. Roads AMI bridges, 10000; this Ok
pousu Ia 1894 was sl-i, jjO.3J. lnurmnry,
el,2lO. Jail, 5000; this expense in 1891
WAS sGiSS. Compensation " county
officers, $4,000; this expense IN 1891 was
S34p--.-U. Expenses OF taking census aud
statistics required by law, 5000, Coton-
] Or's iuqucsts, ~, 700, Criminal ok pouHns,
SL5lO. stationery, $4,000. General OK
peuso account 1000, which Includes tx
ponsUs for tho taking care OF and the heat
ing and ligAuug tho county building.
This expense la lsli was $4,000.
Tho general expenses Ut tho county for
tho yoar 1904, less tho amounts expended
ON tho county building, and ground was
h,-lOoi. which We feel that We eau cut
down about 100000.
From tho above statement % is shown
that with strict economy aud by making
"a reduction varying from 90 percent 10 rs
per cent iu all county expenses, itwlll not
bo possible TO save moro than $1,000 NJ
tho cOnnty'H income aud rOvonuo Tor tho
year lsli, which Is little moro than ono
third OF tho interest that will accrue in
lsll ON the valid outstanding warrants.
AZ this rate tho Indebtedness, ~ we stated
above, can noyur DO paid out OF tho rsv-
UuUV1 NJ Tho county, ami each year will
ho increased from $4,000 90 go, 900 10y nc
cruiug Interest,
Tho interest on tho amount Of out.
q
cent p'r aunum Tor ton years amounts 20
$40 1885, Tho interest on the same
amour. In bond, "a, tho uio OF per cent
pur annum u thu Hamo period amounts
to sllsp 2S, mukIAg q dluarOucl OF
iniorost Ia ten years uf SOL. sgL7l, or "a
difference ul moro than $1,000 "a wear.
The Same law that authorizes inc issu.
nuco of those bonds provides Tor sink.
Ing fluid, which fund is 90 ho Invested
annually On county or Territorial sucu.
rifles In this way small amount
invested each yoar, nv tho law directs
Will. provide a fund with which those
bonds can bo paid 40 their maturity; and
| which fund Invested as sot aside will
onru Interest 80 40 lOHst ono.half NJ mo
total interest that Will DO paid ON the
bonds
The law unior which those bonds are
10 no issued provides that no other or
further ir-uDs OF bonds shalt over boz
mudo uuAl the first issue and accrued
inIores. shall bo paid iu fun. Under the
existing laws " tho Territory uo further
indebtedness otuny bind can be Incurred
until those bonds have been paid. 40
that Ia The future the county expenses