The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-01-14
COUNTY FINANCES
IN BETTER. SHAPE
For First Time In Several Years,
Conditions Show Encouraging AS
poets, County Treasurers Re-
port Shows.
COURT FUND BALANCE
There Is $4,000 Here and County
Fund Has $4,000 in .ts Re-
serve Shortage in
Some.
COURT FUND BALANCE

/ lne financial status of Lee county has
taken on f1attering aspect, as shown
by the annual report of the county
treasurer. just fled with the board
OF supervisors. The court expense
fund, heretofore the principal source
OF worry, shows a balance on hand Of
close to $4,000, and the county
fund has cash balance of over $14,.
900. With the recent bonding OF the
!county's outstanding indebtedness, the
placing OF levies sufficient to care for
all contingencies and the avowed In
tent Of all county officials to keep ex-
penditures to the minimum there is a
decidedly bright outlook for the coun-
TVS resources.
| Though three funds show shortage,
but two Of theb are of material
amount and one Of these Is perpetual
~ short while the deficiency In the
other Is natural consequence which
will undoubtedly be overcome this
year. These funds are the, poor fund,
the county road fund and the motor
vehicle fund.
| The first is overdrawn $3,012.93. a
small sum compared to its usual con-
dition and considering the widows
pension and other unnatural and
frequent drains over which the Of
!ticials have no control. The levy has
been increased.
The second Is overdrawn $3,42S47
and with outstanding warrants its de-
f1ciency is close to the $4,000 mark.
This is occasioned by several unfor-
seen reasons and will be counterfeit
led during the coming year. The larg-
est item of expense under this fund
during the past year was for metal
culvert pipe and bridge building,
both of which far surpassed the most
conservative expectations at the first
of the year. Sudden storms and
emergency cases like the Santa Fee
avenue bridge had to be met and the
county should really feel fortunate in
surviving the year with what little
expense she did have in that line. A
lrecent legislative act shifts the ex-
Ipense Of bridge building to the bridge
fund and this year the bridge fund
will tighten the pressure on the road
fund sufficiently, 1t is thought, so that
neither will show a shortage at the
end Of the present year.
The reports shows balance on
hand Of s30,435.76 at Fort Madison
!and s35, 412eS at Keokuk,. earning two
per cent, and being several times the
amount of the shortage in the two
funds.
All state funds show a small amount
ON hand, as do township cemetery
funds Other material cash balances
are:
County fund. $14,06s.47
One mill school fund, $691.92.
Insane fund, s6,121.4s.
County insane fund, s3,s5S.16.
Bridge bond fund, s262s57.
Bridge fund. s2,62s.57.
Railroad bond fund. $170.24
Soldiers relief fund, s2,s45.21.
Permanent school fund, S1,290.00-
School fund interest fund, $4,000.
Fines account, $41.0O.
Fort Madison special tax fund,
s326.17.
Distribution fund, s144.63.
Institute fund, $3o7.19.
Farmers institute fund, $500.
Township road fund, Fort Madison,
s52121
Township road fund, Keokuk.
S6O2.21.
Keokuk city, s7,64s91.
Montrose city. s491-20.
West Point town, S39.4S.
Fort Madison city, S9S9.23.
Domestic animal fund, $1,S17.0S.
Game protection, $4,000.
Court house fund, s1S6.20.
Franklin town, S.S4.