The Barre daily times. (Barre, Vt.) 1897-1959, 1914-01-28
CITY FINANCES
/ FOR YEAR 1913
Indebtedness Increased by
$35,86O.8S During
the Year
ASSETS SHOW
A SLIGHT LOSS
Balance on Hand Reduced
from S16,303.94 to
$793.75

reports covering the year 1913 were rati-
fled and ordered printed in the forth
coming city report at the regular meet
ing Of the board of aldermen last even
ing. Reports from the printing, lighting,
police, water, and health committees,
the trustee of cemetery funds, the chief
engineer of the fire department, the
health officer, the aldermanic finance COM
mittee, the city treasurer, the library
committee and the city clerks statistical
report OF births, deaths and marriages
supplemented the annual message of
Mayor w. H. Ward, and all were accept
ed by unanimous votes and ordered
printed
The bulk OF the reports have now been
ratified, although the annual statements
of the water superintendent, who is con
fined by illness, the oyerseer of the poor
and the auditors will be read at spe-
cial meeting of the city council to be
held some evening late in the week. All
must be in the hands of the printer by
Feb. 1.
Finance Committee Estimates.
Below is given summary of the re-
port prepared by the finance committee:
We herewith submit our estimates for
1914, which are based on tax rate of
s2.25, and are estimated on grand list
Of $600000o, which we hope may be
larger, but in our judgment it is not
safe at this time to figure on larger
list but If the list should be materially
increased above this amount, the bal
ance at the end of the year will be so
much larger; or the increase may be
used in supplementing the appropria-
tions.
Our estimates in the various depart
ments are not made with view of I'M
dertaking or carrying out large amount
of new or permanent work this year; if
the citizens or the next council wish to
do this, they will have to provide the
means by increasing the tax rate or
going into debt for the improvement
Under our estimates we have planned
to concrete the sidewalks on North Main
street along that portion of the street
where the granite paving was laid last
year; we have also planned to carry
out the improvements on Washington
street which were contemplated when
the street was resurveyed; also TO make
a start on the draining Of that portion
Of the city situated around Center and
George streets; we do not expect to be
able this year to do all that should
be done on this project, but believe
enough can be done to materially i'm
prove the condition existing there.
The building of the North Barre
last year has been provided
for by the issue of 10000 of city
notes; these are to be replaced with u
bond issue April |, this year; it is est-
mated that it will take at least 81 10000
more to complete this building so that
the bond issue will likely have to be
s45, 100000
The large increase in the grand list
last year increased the amount raised by
the seventy cent. school tax, over the
amount raised the previous year, some
Sc. $4,000, of which the school depart |
nent gets the full benefit.
The indebtedness caused by the new
school building adds a large amount to
our annual interest payments, and if it |
s decided to build an addition to Spauld- !
ng high school this year, it will still |
'urther increase our annual interest pay
nents; in our estimates we have made
10 provision for this latter project.
We submit these estimates for the |
,areful consideration of the citizens and
he incoming council and trust that the
'ame will meet with their approval:
r.;a r,ao,, roi.