The herald and news. [volume] (Newberry S.C.) 1903-1937, 1909-12-31
GITY'S FINANCIAL CONDITION.
Report of Expert Accountant D. Il.
Wise, Submitted to City Council
At it's Meeting on Tuesday
Night.
Nevberry, S. c., Dec. %, 1909.

Newberry, S. c., Dec. %, 1909.
To the Honorable Mayor and Al
demen, Newberry, S. c.: Pursuant
to- your instruction I have examined
the books and accounts Of your clerk
and treasurer, and beg respectfully to
submit the following report, to wit:
I have made an accounting with
him from January 9th, to December
18th, 1909, covering the period he
took charge Of the Office to the close
Of business December the 10th, as
saewn by exhibit "A," hereto an
nsxed, and made to form part Of
ibis report. In addition tharto I
haye made an accounting with hdm as
shown by Exhibit "B,' hereto an
nexed, and made to form a part of
this report, covering the fiscal trans
actions Of the Office from December
the 18th to the close of business De-
.eember the 22d, 1909. This wassnec-
,easary in order to avoid closing the
Office during the investigation. You
will see by reference to Exhibit "a"
that Mr.. Werts, th ex-clerk and
treasurer, turned over to O. l.. Buz-
hardt, Esq, the present clerk and
treasurer, $2,57O.79 in cash, and two
checks, one made by j. A. Blackwell
der payable to Mr.. Werts for $116.00,
the other by B. F. Goggans for $7.57,
also payable to Mr.. Werts. These
checks have not been collected and
are still carried by your clerk and
5reasurer as cash items to offset the
eharges against him. They should
not have been treated as cash from
the fact that they we're bills reeeiV-
able.
There is no record in the Office
showing the amount Of uneolleeted
taxes for the previous year. The tax
hook was not added, but I find that
your present clerk and treasurer has
collected sevenhundred forty four and
a2-160 dollars, (s744.32), and recav-
ea from the sheriff OF account exc
cations $384.9o, aggregsting ST.
1922 which amount I have charged
to him in this accounting. did not
go into the matter Of the uncollected
taxes Of the previous years, only in
SO far as to ascertain he extent Of
The liability Of your present treasur-
er, as my duty in this accounting, is
confined within that scope. As men,
toned before, The tax book was not
added, hence no defined amount was
charged to or receipted for by him
in the transfer Of the Office. There
fore the only logical conclusion is to
charge him with the amount that the
records show that he received. This !
I have done as specified above.
The assessed valuation of property |
Of your town for taxation for the fs- I
ee1 year 1909 is $2,287, ,32l. The tax
levy for 1909 is 1925 mills and would |
produce $23,44445.04, but the loss in !
fractional parts Of mills by actual
addition was 25 cents reducing the
proceeds of the levy to $23, ,444444 .79, |
which I have charged to your treas
urer, giving htm credit with ue|
amount uncollected on the 10th OF
December, to wit, $3,536.08, to
which oeua'ty Of 10 per cent. at
taches on the 21st inst. He has re-
eeived from borrowed money account
SIS $4,000; street duty S1,S6O.0O;
license $5,824.50; fines $1,79s.0e; dog
License $166.Oo; fractional taxes
$500; miscellaneous account g.
594.52; all of which ara itemized and
dearly set forth in Exhibit f'A,"'j
4ggregating his liability on the 10th
day Of December, $54,814-41.
he has paid sundry vouch-
ers hereinafter itemized
amounting 20 :. =. =. ..$37 ,780 o.
Uncollected taxes Dec. l6. 1886 G8
Bsaekwelder's check :. :. 116 90
&oggans s cheek .. >. ... 757l
Cash to balance .. .. .. 1854 ~ |
Total :. .. .. .. 90. ..$54,614 fl
Hence you see that at the close Of
business December 18th, 1909, your
city treasurer had on hand, Cash,
$l3,454.74; URoolleeted Taxes, $3,-l
; i.08; Evidence of Debt or Balls
Receivable, Checks, $l2a.57, aggre-
eating q7u uks9, to which you might
aud the 10 per cent. unaccrued pen
atty due after the 21st on $3,536.08
rncouected taxes, $353.61, making a