The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1907-08-07
WALLA WALLA'S
INDEBTEDNESS
REPORT OF CLERK HART SHOWS
FINANCIAL CONDITION OF
CITY, JULY 1.

According to City Clerk Harris re-
port. Walla Walla has net indebted
ness of S321,211.30. The total indebt-
edness is $4O9,S9902. composed of
bonds outstanding $227,7OO.OO and waEe
rants outstanding to the amount OF
$1S2,199.O2. Set against this is cash
On hand of $14,O91.02, delinquent taxes,
sS,166.11 and due from water depart
ment, $66,43O59, leaving ii net indebt-
edneSS as above. ..
The summary of bonded Indebted
ness is rather larger, as follows: Bonds
to be paid from the general city rev.
enue, 1927, 10000 to be paid from the
water revenue, s435,O0 and bonds to
be paid by property owners. show
total of $12O.O3S.S9; a total bonded in
debtedness of $7S2,73S.S9.
The city's account with the water
department is as follows; on the
debit side: balance due the city July
l, 1906, s35,17S.69; interest paid on
bonds $S,735.95; warrants paid during
the year, $1O4, 1901; a total of $14S,-
O45.35. Against this on the credit side
is cash paid into the city treasury,
during the year, $S1,614.76, balance due
the city, June 80, 1907, $66,43O.59. the
total being the same as the debit side.
There was received in the water sup
ply fund during the year, from the
sale of bonds, interest, ETC., $253,6SS.35.
Warrants to the amount of $242,513.15
were paid out of this and the balance
$11,175.20 was on hand in. cash. June
30.
The receipts of the city including
the balance on hand July 1, 1906, from
various sources figure up to $275,024.-
80. These figures include revenue
from all sources as follows; cash on
hand, July l, 1906, $16,S66.41, general
receipts, $132.OS2.S3, water depart
ment, sS1,614.76, local improvement
districts, s4S.323.9S, special grading
funds. $1,136.71. The disbursements are
as follows; general warrants and in
terest paid. $111,557.62, water depart
ment warrants paid, s1O4,13O71, local
Improvement district warrants paid,
$45064.O5 and special grading war;
rants paid $1S1.29, which, together with
the cash on hand June 80, 1906, $14,-
O91.02. balancing this against the re-
ceipts.
The outstanding warrants, which as
shown III the general statement,
to a total of $1S2,199.O2, are figured
thus; warrants outstanding July l,
1906 amounted to $121,675.69, during
the year more were issued to the
amount of $213,019.32 making a total
of $334,695.32; of these there were
cancelled during the year, $152,49599,
leaving warrants outstanding to the
amount of $1S2,199.02 as above These
are segregated as follows; general
fund, $S5,530.33, street fund, ,S43,931.S4,
street lighting fund, $1O,464.S6; street
sprinkling fund, s1O.963.6S; fire fund.
$27,79I09; cemetery fund, $2,495.22 and
park fund, $1,O21.9S.
The grand total of tax assessment
was S6.747,151 of which $4,919,756 was
on real estate, $1S15,3O4 was assessed
on personal property and the rest S12,-
O91 was the treasurer's supplemental
assessment. The total levy of IL and
II mills was $SO,S47.OO of which s7O,-
34O.51 was paid and the balance s1O.-
5O6.49 became delinquent $4,34793 of
this was collected by the delinquent
tax collector, the remainder, $6,13156
was still delinquent June 80. 1906.