The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1895-04-26

Wv Nou'o'aluiiS toWn orders SII,1I2 &c
Nor orders which have not
been issued. ....,...... 100000
SIz,4I2.sc
The Finance Committee, in ordel
to inform the Council of the probable
amount of money which will be re.
CURED for the use of the town during
the current year, present the following
report and recommendation
Ist. That prompt provision be
made for the prompt and speedy pay
ment of all debts contracted by the
present Council for labor on highway
repairs, and the current expenses of
the town including water, street light.
ing, sewer extension, police services,
salaries, printing, miscellaneous, ETC.,
and that no orders be issued for such
unless funds shall have been furnished
for their certain redemption on de-
mand.
end. AS to the Indebtedness of
the town as evidenced by outstanding
orders, whether bearing interest or not,
or of any other kindred Indebtedness,
that the same be provided for Gf there
is no legal hindrance) by an issue of
bonds bearing a low rate of interest,
the proceeds of which shall apply to
such former municipal Indebtedness.
(Such action can however be DELAYED
for some time) this recommendation
has reference to damage cases that
are pending or in litigation now.
That all moneys received for the
town shall be itemized and entered
under the head from which it is col.
lected from and not estimated.
3rd. That the money receivable
during the year shall as nearly as may
be, appropriated for current expenses,
mentioned in the first recommends
ton, the payment OF interest on pre-
sent bonded indebtedness, and to
such other public improvements as may
be ordained by the present Council.
The lowest rate of taxation consistent
with an economical administration of
the towns affairs.
4th. Should the Council ordain
the opening of new highways, involv-
ing large amount of Indebtedness for
the Improvements as permanent
matter, provision should be made
by an issue Of bonds or by an exten-
sion Of time for the payment thereof,
rather than have such consideration
to enter into the fixing of the tax rate
for the current year.
5th. The present Indebtedness of
the town including the floating in
debtedness that is represented by
outstanding orders aggregates over
($so,ooo) fifty thousand dollars, the
assessed valuation Of the town amounts
to two million dollars (S:, ,ooo, ,ooo) so
that the indebtedness exceeds already
the limit prescribed by the Constitu-
ton, and the present Council even if
in contemplating increased expendi
lures by street opening and other re-
quired improvements will find itself
embarrassed, because of the prescrib.
ed limitation of Indebtedness, and
the Committee on Finance therefore
would also recommend to the Council
submission to the vote of the people,
to increase the rate of per cent. on
the bonds to obtain necessary funds
to carry on the requirements of the
question of an increase of indebted
ness and liquidate the floating debts.
Or in other words, to take in con-
sideration the propriety of an increas-
ed indebtedness with proper limita-
tion.
The President complimented the
committee and said it was the best
report the Council had probably ever
had.
Tax rates were proposed as follows !:
Corey 7 mills, Knorr 8 mills, and
Kester 9 mills.
President Greasy, who had visited
Shichshinny, spoke of the Electric
Light plant there and was very favor
ably impressed with the way the Town
run the plant and obtained good light
at very low cost.
On motion of Corey and Knorr
the Committee on Fire and Water Is
instructed to meet the Water Co., and
see if the Town cannot get a reduc-
ton for water for fire protection.
Board of Health is directed to
notify II. c. Hoofnagle to remove
nuisance such as manure, &c from his
lot between East and Catharine SITS.
Same to be done within five days.
M. C. Woodward, the old tax col
lector, is to be notified that he must
GET RE h;c dunlicate at once,