Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1912-06-26
BOARD OF ALDERMEN.
Alderman Field Discusses Financial
Condition of City-RepOrts
Are Received.

All the Aldermen were present
when the Board was called to order
last night. Most of the business
transacted was of q general nature
and will be found in the official pro-
ceedings.
In presenting the reports of the
Auditor and City Treasurer for the
year ending May 81, 1912, Mr.. Field,
of the finance committee, said:
at is unnecessary to review the re-
ceipts and expenditures of the Gen
eral Fund as shown in the Auditors
statement for the fiscal year ending
May 81, 1912, as they can be read by
the members when published, and lat
er given in detail in the annual City
Report, besides only few weeks
since | referred to them sufficiently
to say that the receipts amounted to
S17S,S50.48 as shown in the state
ment, but if we deduct S25,OOO.OO
temporary loan and the cash balance
S287. in the treasury June l, 1911,
it shows that the net receipts for the
year was S153,562.S2.
ut may not be amiss, however, to
call your attention to one or two mat
ters.
"In April 1911 the Finance Com
mittee estimated the probable receipts
from taxes for year l911-l2, about
SLOT 900. The tax collector has paid
into the treasury $106,740,57, net re-
ceipts from this source, and ne has
also deposited $1,3S9.03 from paving
bills.
"The expenditures for streets and
sewers. exclusive of repairing and
cleaning streets, amounted to about
s27, 900.
"Members of Council know that
only $4,000 of the temporary loan
was to be used for general purposes,
as $4,000 was for the real estate
purchased in March last for school
site, for which a note was given pay
able July 5, 1912, which with the
second note $4,000 for general pur-
poses. will be charge against the
city for the present fiscal year and
is carried in the appropriation bill
for 1928.
.'Froln this showing II "In readily
be seen, that as our estimated re-
ceipts for the year we are now enter
ing upon, are placed at S152,OOO and
the regular appropriation bill am
cunts to s14S,O00 it naturally follows,
the margin of $4,000 is that much
for street and sewer work, or any
other appropriations, that may be
made by Council from time to tlme'
So it is apparent now that loans
will be necessary next March, or ear
lier, if even a reasonable amount OF
contemplated expenditures are car
ried out. This makes inevitable, tenn
porarv loans each year, for many
years to come.
"The cash balance in the city treas
urv Nav 81, 1912, was $4l.4S, very
close calculation.
The action of the Common Council
was concurree in all papers sent IN
Shortly before the Aldermen ad-
iourned Mr.. Birrell, from the Com
Common Council, entered the cham
her and stated that the lower board
had non-concurred in the action OF
the Aldermen in passing the new
health law, and asked for commit
tee of conference. The object OF the
conference committee was to allow
time in which to rewrite the ordln-
ance and get It into proper shape, as
the various amendments which had
bee nmade to it by the Aldermen
made it difficult to understand. Mr.
Birrell stated that the conference
committee would report at the next
meeting of Council.
President Marbury appointed
Messrs. Field and Ogden on the part
of the Aldermen, after which the
Loord adjourned