The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1907-02-15
IN!
SESSION
c,Ty.s FINANCES SHOW MARKED =
IMPROVEMENT. THE INpEsT.
EpNEss HAVING BEEN
REDUCED NEARLY
$4,000 DURING
THE PAST
YEAR.
Further Reduction Probable This Year
Even With the Loss From ga
loon Licenses

On account OF the Indictment wealth
er. the Board of Mayor and Aldermen
met Thursday afternoon instead OF
Thursday night. III
Alderman Cameron Of the Street
Committee reported the death Of one
OF the city horses. $500 was allow
ed for street work during February.
The fire department was authorized
to buy 200 feet Of fire hose.
CITY Marshal Morgan reported col
lections for January Of 1910
The budget for 1907, which had
not been fixed at the January meet
ling, was made out as follows; Charity,
$3.50: Work House, $3.50; Expenses
and Interest, $4,000: Bonds and In
terst. $4,000; Lamps, $4,000; Salary,
81 500; Schools, $1,000; Streets. $4,000;
Fire 81, 1900. The school fund is TO ne
supplemented by the State ana
County funds and the poll tax receipts.
$1,000 was set apart for building
sewers.
! Aresolution was introduced request
ling the representatives of the county
in the Legislature not to repeal the
charter of the city nor to reincorpor-
ate without submitting the matter to
vote Of the people, but SO much OPP
lnosftion developed in the Board to the
resolution that it was withdrawn be-
fore it could be acted on.
4 Recorder Erwins monthly report
lshowed collections for January Of 3d.
5s4.67. and a balance on hand OF
$e,s27.25. g
i Recorder Erwip also submitted his
annual report, having been sick. at
!. the time Of the January meeting and
unable to make mp his report This
report shows an Improvement Of near
: lily $4,000 in the financial condition OF
4 the city over the year ending January
Hist. 1906. The report IN brief shows
resources for the year including the
. balance on hand January LIST, 1906.
s4S 074.0l; expenditures, including
state and county school fund $40
i7s Balance $7,7e7.70. Included in
1.-THE expenditures was $1,000
transferred to the singing fund
$4,000 Of an old series of warrants
paid and $4,000 OF the Smith Bros.
school warrants paid
The warrants outstanding January
4th. 1906, we're s12,67922, Issued dur
ing the year, s4O,276.22; paid and
charged off OF the old series $5,O14.12,
of the new series, s42,f5s.30: balance
outstanding s5,7ss.o2.
The cash receipts for 1906, includ-
ing the balance on hand January 4th,
1906, of $5,967.99. was from loan notes
$4,000, from tax books and licenses
s4S,067. 90, from state and county
school fund $4,S2425, making a total
of $50, 042.00.
The warrants paid were as follows
Charity account $166.13, interest $3.50.
90, workhouse s7SO.73, expense $2.259.
10, Lamps 4,206.39, Bonds and interest
5,700.O4; Fire and Water. $5S22.5s:
Salaries $7,O15.45; Streets, $7,7s5.36;
Schools s13,6541s; Loan Notes paid
S6.064.S5.
The time Indebtedness of the city
was shown as follows: Railroad notes
1000. school notes $4,000, railroad
bonds $4,000. funding bonds. $S0.000
which added to the outstanding war
rants makes a total OF S0,9SS.O2 nov
due by the city as against $92.5s1 2
. due january 1st 1895
Judge Erwin estimates that ever
with the loss from the whiskey license
the City can pay of all floating indebt
edness this year and part of the tins
Indebtedness and can II II is desired
reduce the tax rate to some extern
next year. s