, 1897-11-03
THE CITY COUNCIL.
MIR. Z. PERCY PALMER FURNISH
ED THE INTERESTING
PROCEEDINGS.
Makes an Extended Report and SUBJ
mits Figures for the Future Guid-
ance of the Council-Must Hedge
Considerably If They Keep Within
Their Income-Other Matters.

ance of the Council-MuSt Hedge
Considerably If They Keep Within
Their Income-Other Matters.
The council held a very undressing
meeting last evening, the most interest
ing feature being the statistical report
and recommendations submitted by
Treasurer E. Percy Palmer. Messrs.
Miller and Grant were absent.
After the minutes had been disposed
of the first business considered was Il
communication from a New York inan-
cial firm concerning the proposed re,
funding bonds. In referring to the
matter of refunding the bonds the may.
or said he regretted to say that it was
his opinion that nothing could be done
in this matter. He had made an exam.
~ination of the bonds and it was his be.
lief that they could not be refunded
without the consent Of the holders. He
also called attention to the fact that
in 1898 it would be necessary for the
council to make a start upon the sink,
ing fund provided for by the statutes
for the redemption Of these bonds.
The sexton of the city cemetery re-
ported one lot sold and one burial.
The reports Of the marshal and police
justice were read and filed, the report
of the justice showed collections in the
sum of $169.
The treaSurer's report is summarize
ed in the following trial balance show
ing condition of accounts at close OF
business Oct. 80, 1897:
CIR.
General fund .$2,O2S So
Sewer bond interest fund 80. 5000 23
Funding bond interest fund.. 2,7l4 SO
s7.743 rs
Laramie, Wyo., Nov. ?, lS97.-To the
Honorable Mayor and City Council.
city of Laramie. Gentlemen: In sub
Uniting LILY lCPoAl oo llSaouICl VI LILO
city during your administration, | beg
respectfully to call your attention to q
rev facts which | trust may prove e,
c%eptable.
1t will be seen from the report that
the late council on retiring turned ovel
to you $3,293.72 ($91S.02 in the general
fund, l ,265.49 in the sewer bond in.
terest fund, and s1,110. p in the fund.-
ing bond interest fund.-. This is some,
what misleading inasmuch as it gives
you to understand that you received
the above mount in the several funds
clear, whereas in truth the old council
left $533.S7 in warrants, and $420.9 in
bills belonging to their administration
unpaid. In other words had they set
firing the report would show that you
began your administration with an ov-
erdraft in the general fund of $36.77 in
place of a balance on hand of 91S.02.
You will also notice that the amount
turned over in the sewer bond interest
fund was S134.51 short of the amount
necessary ($400) to meet the interest
due July LIST, and hat the funding bond
interest fund was $275.79 short of the
amount necessary (sl ,3S9) to meet that
interest due on the same date.
The balance now on hand in the sew
er bond interest fund is So SCOOPS or
$2O0.23 o than enough to meet the
years interest 1s2. SO0--s1. 400 due
semi-annually. January and JULY.
The balance on hand in the funding
bond interest fund is $2,174.S6 or $57.14
short of the amount necessary to meet
the years interest ($2, 772-s1.3S due
semi-annually. January and July). /
hope, however, to make up the def
cheney by collecting taxes still unpaid.
You have II months October, 81 to
August, '9S inclusive) for which to
make provision for the general ex.
penses Of the city before the taxes of
'98 are paid. Conservative reports
made to me by Justice Fitch and Mar
shall Stirling. show that you may ex>
pect a revenue from licenses, fines, ETC..
during the aforesaid time Of l 10000.
This together with the balance now on
hand in the general fund S2,O2S.69)
makes a toll of $12, OPS. 60. or an average
OF $1,O93.5 for each of the II months
expenses. This does not include any
revenue you may get from the cemetery
or delinquent taxes that l shall collect.
The total disbursement in the gen,
eral fund during your administration
amounts to $S.S32.24. This less a
rants and bills of old council paid
($954. 29) leaves $7,S7S.O5 as your own
disbursement for the five months MAY
to September inclusive) or an average
disbursement of $1.575.61 per month.
The last two months august and Sep
tember) averaged $1,156.O6 per month.
Out Of the total taxes for 1897
amounting to $12, 44s.11, I have col.
lected S11. 1853. 65. leaving 1,094.46. TAX.
ing from this the following: Albany
Mutual Building and Loan association.
lS12O.Ol: H., G, Balch, trustee, S144: