San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1895-08-06


General fund ....... $2SS, 002.9S
Sinking fund. ... 73,797S6
School fund. ..........: 49,536.64
City Hall fund. ........ l,20l.93
Total ............. .$4l2, 529.42
"The receipts from state school
funds for our city schools amount
ed to $44,925.75, making a total Of
1874, 1929 received during the ifs.
cal year.
"The expenditures amounted to
$95, 640.l5, being $1.177.76 in excess
OF receipts, and April and May
salaries unpaid.
The total tax levy for 1884
should have produced $473, 10000,
but instead only 1856, 527.l7 OF the
amount collected was collected to
June l, 1895, leaving a balance of
$ll7, l4S.43 uncollected. This state
Of affairs shows clearly that unless
stringent means to collect our
taxes are resorted to we will soon
see our city in debt again.
sour annual budget Is based on
what should be the income OF the
city, provided all taxes are collect
ed, and we must naturally fall
short IL the tax collections are not
properly enforced.
81 am confident that our able
city attorney will accomplish much
In this line.
"On August Z, 1894, the taxpsy-
ers decided by q vote of 1,544 to
l, OILS, to issue 100000 40.year 5 per
cent bonds to construct system
of sanitary sewers. The bonds
were dated September ], 1894, and
on November %, 1894, the first sale
Of 100000 was made to I'D. Thur
. man & Co., of Chicago, they paying
the accrued interest for same. The
accrued interest amounted to ST.
1920 and was credited to the sink
; ing and bonding interest fund on
the same day.
"On April 2, 1895, 100000 more
of bonds were sold to the Alamo
National bank Of this city at par
and accrued interest from March
l, 1895, Coupon from Sept. !, 1894,
to March l, 1895, having been de-
tached and Cancelled by the city
!, auditory The accrued interest from
March /, 1895, to April 2, 1895,
!. amounted to $S33.33, and was also
) placed to the credit Of the sinking
and bonded interest fund on April
,. 2, 1895.
"On July 80, 1895, the remaining
100000 was sold to the First Ma
. tional bank, of Chicago, at par and
= accrued interest, accrued interest
. amounting to $4,13S.9O.
! ain order to meet Judgements
u rendered against the city and the
. general floating debt, incurred
prior to March /, 1898, the taxpay
u ers on July 3, 1895, by vote OF 81
II for and .l45 against, voted to issue
= 100000 6 per cent bonds, payable
e. !. in ten or twenty years at the op
v ton OF the city. These bonds wer'
70 issued on July %, 1895, and sold tt
: the First National Bank of Chicag'
!, at a premium of $4,000 and $50
- ACQUIRED interest from July %, 1896
u to July 80, 1896, the date Of sale.
"The total bonded indebtedness
re now amounts to $2,063, 500, and !
shown by tabulated statements at
u tached to the auditors report.
o. "The judgments and past due az
~ counts are now being paid as pre-
~ sented by the proper claimant
81 and by strict economy and by tn
81 proper collection of all taxes theI
ae should be no necessity Of the cit
= again becoming delinquent, as
=. former years.
y! "The detained and itemized r
I ports from the various department
* Us are on file in the city clerks Off
~. and subject to examination I
''' citizens and taxpayers.
-. "Since my message OF April
gu 1895. the contract of j. B. Hindu
NJ for the construction Of the sewe
60 has been assigned to Messl
On Wilding, Marshal, Backus al
. ne Hines, and 1 have every reason
'eu believe that the work will
az pushed to an early complete
aIV without unnecessary delay.
lei. "While under this head / wou
oos recommend that this council a
seu thorize me to advertise for bids
see the sale to the city Of about .
acres Of land for the purpose OF
ery tanning an outlet for the sewe
t nso said property to begin at or ne
S the southern limits OF the city a
Cge within one mile Of the west side
ted. 'n0 'n ,
pre- MAMMALS. =.