Evening journal., 1908-07-17
CITY'S BALANCE
WAS $33,77l.73
Amount Set Forth in Auditors
Report for Last Fiscal
Year
FUNDED DEBT IS $2,SSI,I5O

City Auditor Rice sent to City coun-
ell last evening his report for the last
fiscal year. In connection with tho gem
eral report is voluminous exhibit, con-
taining the detailed expenditures for the
year, as required in an ordinance recently
passed. Following is a synopsis Of the
general report:
Cash in the hands OF the treasurer, S104,-
1s7OS. made up as follows: Mayor and
Council. S5O,1642l; Water Department,
Sl5,4l51; Street and Sewer Department.
SSS,6l711; cash in the hands OF the re-
ceivers OF taxes, Sl,66S.32, divided as fol-
lows: Northern District, Si,S2252; South
ern District, Ss45.S0; cash in the hands
of the Sinking Fund Commissioners, s57:
petty cash In hands Of Street and Sewer
Department, $62S9; securities held for
trust funds, Sc, 200; city treasurer. account
OF Tenth street bond, No. 20SS 81 900; B.
L. Spence. s.. .2l22o. representing dog tax
collections turned over to the former city
auditor and not deposited in the treasury;
Western Union Telegraph Co.. s352S0; p.
and r. Railway Co., $3.50, representing
taxes on telephone and telegraph poles
prior to June 30, 1907, and still unpaid; de-
linquent real estate taxes, S25l, ,7S6.O6, being
taxes of 1907 and prior years and unpaid
at June Both. 1908. in which connection
the auditor recommends that some action
be taken to collect these taxes that the
items may be written off and the general
books Of the city reflect the true assets;
| uncollected sewer liens. S79,1S494; curl
and sidewalk liens. slO9O5.57 warrants for
collection, S476S16; uncollected water
rents, schedule rate, S3,794S5; metered
rents, Al92OS; bond and mortgage ac-
count, $1,000; representing advances NJ.
by the Mayor and Council to fire COM
panies for permanent improvements, se.
cured by mortgages. which had not beer
satisfied.
The fixed assets. as shown in the re-
port, total S2,9l6175, as follows: Mayor
and Council $4S5.175; Street and Sewer
Department, $1,000; Water Department
S2.5OO,OOO. The audit recommends that ar
appraisal Of all city property be mad,
at once. together with legal descriptions
Of the same that proper record may bl
kept thereof.
He reports the following vouchers audit
ed: Mayor and Council. rurrent expenses
1s,449S9; Street and Sewer Department
ss,751.4S; Street and Sewer special, S11.
1924; Water Department, current, Sc.
460ss; Water Department. special. 81 1895
special deposit Street and Sewer Depart.
ment SLIPS, representing deposits made
by plumbers to insure compliance Will
ordinances and being repayable The &C
crued interest on funded debt is reported
as 81, 1889; reserve for special purposes
$40 062.O7, representing amount reserve'
for specific purposes, not applicable 70
ordinary purposes; uncollected street an
sewer revenues due Mayor and Council
S94s5S67; uncollected Water Department
revenues due Mayor and Council, S7,sS6@
reserve for bond and mortgage account
+ 5000.
The funded debt is given as S2.ss1. 15l
which represents the entire debt Of tn
city.
The revenue from taxation and miscel
laneous sources amounted TO S762. .O75 0s
expenses for the year, $3.50. 1926, Leaving
an exceed Of revenue over expenses, O
SS1, PISS; Water Department receipt
turned over 20 the Mayor and Council
r SIP 1883; street and sewer receipts turn
ed over to the Mayor and Council, S44,
o2225.
During the year there was transferre
to the Water Department, s121, S71 9.
Street and Sewer Department, sis2. o.
excess Of credits over expenditures for th
4 year. SSS,77173.
The fund for the purchase OF park Ian
amounted to sl1.549.75; received durin
the year from the sale Of bonds and dc
nations for the purchase Of Glen avenu
+ lots, ss5.5OO; disbursed for the purchas
Of park land, S24.s25. leaving balanc
Of S11.175
The report concludes with the following
1.-THE different departments Of the cit
have opereated well within their revenus
during the current year. The Mayor an
Council had a surplus OF SS3,77i.7S for th
year. The Street and Sewer Departmer
4 started the year with an actual deficit {
$50 93sO7, and finished the year with
deficit of S16050. The department was ait
ed in reducing this deficit by the transfe
Z of ssO.59S.4O from the special fund to II
current fund. This transfer was made
reimburse the current fund for expendl
+ lures made from that fund for improve
ments prior to July /. 1907 The Wate
. Department commenced the year with a
actual deficit in the current fund OF sl4
!. 171n, and finished the year with a d'
felt of s646O9S, showing a decrease {
-tn