New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1915-09-11
1868, 4-17-191s, los. Lopez, Peoples -.
llo2, o-l7-19l5, A. Romero, Peoples 49,.
Total

August 18th, 1915.
10 the Board of Trustees, City of New
Iberia, New iberia, La:
Gentlemen-1 am please to hand YOU
herewith detailed report of the Audit O,
the Books and Accounts of the City OF
New Iberia, New iberia Southern Drain
age District, and the New Iberia Electric
Light & Waterworks, and trust that the
Audit, as herewith submitted, will meet
with your entire approval.
In discussing the matters of greatest
Importance, to which l will call your at
tention, l will refer you to the Exhibits
as they appear in consecutive order, and
would ask your closest attention
Exhibit No. In this statement you
will note collections as they appear on
the Cash Received record of the Trustee
of Finance, as also the corrections made
by your Auditor, and the correct net
totals of all collections made by the City
of New Iberia, other than those of the
New Iberia Southern Drainage District
and the New Iberia Electric Light and
Waterworks, which will be taken up un-
der Exhibits No. IS and II.
Exhibit No. 2.-This exhibit is a re-
capitulation of No. l. showing in detail
all collections from Miscellaneous Sour
ces, also the total of all collections to the
credit of General Fund" amounting
to $S1, 97O.44. From this amount is to
be deducted $6906.35, being of the 10
mills City tax for school purposes I
find too, that the 3 mills Water and
Light Tax, which was voted for a specific
purpose, has been diverted to the Cen
eral Fund account, and has been dis
bursed for general fund purposes, con-
trary to the law, and during that two
year period ending June 30th, 1915 col
lections from this source have amounted
to $14573.53, with which were liquidat
ed Certificates of Indebtedness in the
sum of $1025000, during a like period,
with interest coupons on certificates paid
to April 18th, 1915, and interest on Bonds
paid to July 1st, 1915, amounting in total
to $3693.75, leaving balance which
should be to the credit of this fund of
$1129.78. The funds derived from this
source should be handled separately, the
same as other special taxes, and should
Exhibit No. Cash disbursements for
the City of New Iberia, showing for
what account expended. Under Police
salaries l find the account of Filias Brous-
sard overpaid in the sum of $500 on
June 18th, 1915, and H. S. Sealy, on &C
count of contract for filter tank, excava-
tons, etc, overpayed 1901, These over
payments were called to the attention of
your Trustee of Finance for adjustment.
Exhibits No. 4 and No. 5.-These two
statements show the various cash errors
covering the accounts of the City of New
Iberia, which corrections were made on
Exhibit No. /.
Exhibit No. Cash balance of June
30th, 1915, showing that cash on hand
and in banks should be $66o5. O4, where
as the amount of cash on hand and in
bank by actual count on tbs date was
$o9O843, showing an average in cash of
S21339. against this, however; we have
to apply check RENTED the City of
New Iberia by the Fort Wayne Electric
Works, dated December 10th, 1914, on
account of overpayment, amounting to
$o9.46, and check of the City of New
Iberia No. 1899, dated December 31st,
1914, payable to w. A. Prather in the
sum of $4,000, and later refunded to the
Trustee of Finance and deposited by him
on March 21st, 1915, neither of which
checks were entered by him in the proper
cash record. Applying these two checks,
amounting to $349.46, against the cash
average of $3.50, shows a net shortage
in the cash of the Trustee of Finance
to $13607. I would also call
your attention to two other matters in
this exhibit the first of which is the
item of Currency $4,000" This, in the
mind of your auditor is about $4,000
too much to be carried on hand in an un
secure safe, such as found in this office,
and with the authorized depository but
few steps away. This matter should be
in the future, not only as