The Montgomery advertiser., 1904-09-06
CITYS LARGE DEFICIT
FINANCIAL CONDITION BRol"H
 TO COUNCILS ATTENTION.
For 1904 the Denci, VIII Bc About s'''- 900, But VIII Jump to s41,OVV
 Tn 1905.

The city of Montgomery will. on oc'o Der 1. 1904 have a deficit of about $35,000. For the year following, ana which ends October 1, 1905. the city VIII face a deficit of about $45,ooo.
 The Council was brought face 10 race with these figures last night by means of statement filed by the fihahce Committee of the Council. The comn'u nication was handed into the Councii by Alderman Kohn as chairman or tne committee. In presenting 1t, Chairman Kohn explained that 1t was prepared in order that the Council might be in formed of the financial condition of the city. It was for the guidance or the Council on matters which might como before 1t calling for appropriations.
 The communication was as follows'
 The Honorable City Council:-With sense of obligation imposed upon It oy the city charter, the Finance Committee feels impelled to anticipate the annual reports. and to advise the Council or the probable condition of the city finances at the end of the current hscai year. and also to forecast the probable condition at the close of the second fiscal year of this Councils term. viz, September 30th. 1905.
 The general fund of the city will probably show a deficit on September 30th. 1904. of S35,000, and on September 30th. 1905. or $45.000, without further expansion
 The committee takes this occasion to say that. in It's opinion. the expendi . lures producing these results have been 5udicious investments, and mean much for the general welfare, and that the revenues of the city are distributed as economically and wisely as possible. ha rntf fe thak il wherewith to undertake other enter prises which 1t would delight the com mittee to recommend. But good policy bids the Council pause and look care fully before t leaps farther.
 A study of the statements of extraor. dinary expenses for 1904 and 1905 will clearly demonstrate the solicitude of the Council for the territory annexed and will disclose the fact that with a few exceptions almost the whole of the grand total for both years will be used in providing for the new territory. Al the same time the income will fall far short of the outlay.
 Not counting the cost of permanen, Improvements. such as $15.OO0 for fire stations, and the additional cost of the apparatus, and other like Improvements the outlay in the new territory this year will be almost double the income and next year 1t will be considerably more than the income. Were 1t not fol the extraordinary amount necessarily spent this year. the financial showing of the city would be better than 1t ha, been in many years; In fact, the re ceipts and disbursements would for thu first time in long period be equal Licenses are as high as they can req sonably be put. and 1t Is almost impoS sible to increase the revenue from tha source: and at the same time expendi lures can not well be decreased withou | jeopardizing the efficiency of depart ments. Under these circumstances, tn l Finance Committee feels called upon t suggest to the Council that further un | dertakings, however necessary the may appear. can scarcely be justified unless they promise immediate return to the city treasury.
 All of which $ respectfully submit | ted.
 | John P. Kohn, | c. L. Ruth. | N. Lobman, | Finance Committee. I yfNnN l