The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1916-01-05
.TREAsURER's REPORT
SHOWS BIC 0VER0RAF I
cIry's CURRENT FUND WILL mr.
EXHAUSTED FIRST wEEk IN
NEW YEAR.
ovcriraft Of sfo.t:sS.f6 Must f,s
Taken Care of Out 81 Iax Money
and Regular Bulls VIII
Exhaust.

The absolute need OF charter
provisions for increased tax levy for
the current fund was emphasized
last night at a meeting OF the city
council when the treasurer's report
was read showing that fund si0.-
4se.i6 In the red and unpaid bills
and notes 10 the amount of prob
ably 100000. Gradually has this
loyerdraft grown from year TO year
as the increased expenses outgrew
the additional taxes derived from
increased valuations. Years ago
the city government of Waxahachic
levied tax OF 25 cents on the 800
valuation for current expenses. aud
that sum has been levied from
year TO year despite the fact that
Increased expenses have called for
| more money. and a. result the
fund has been making greater ov-
erdrafts from year TO year until at
present the money collected for
1915 taxes has been spent ana
there Is an overdraft here ON tine
9Th day of January This is no
fault of the city government
Should the council cut out the
street lights. so back 10 the buck
e, brigade fire department. and VA
paved streets you would 30 Simon
the first to threaten dire yen-
geance. Yet the council Is left TO
wrestle with overdrafts from year
TO year until IL is burdensome.
When Collector Carroll Todd
turned over the $4,000 collected
for this fund UP To the present time
1t will probably take care OF the ov-
erdraft and the bills payable. and II
the council pays anything on the
outstanding notes new overdraft
Will have been started on this fund.
There are notes totaling s5.3o0.oo
due aud payable out OF this fund
and it's funds are exhausted at the
beginning of the year, No more
money will be paid into fund until
November of this year. The over
draft at the end OF this year will
probably have increased CORE
spondingly with the preceding
years. Then what is to be doneg
Will the people OF Waxahaehie
allow the city's credit to suffer for
sake of few paitry dollars? a i've
cent additional tax levy would pro-
vide something like $1,000 addi-
tional each year for this fund
That amount would barely take
care of the increase in tho over
draft each year. A ten cent addi-
tional levy, authorized by charter
provisions, would provide the sum
Of $4,000 additional. which IN
time would wipe out the deficit and
put the city on cash basis.
Taking care OF the current fund
cverdraft is not the only worry OF
the city council A state Law pro-
sides that city officials who do not
provide sewer disposal plant by
January ist OF next year may be
prosecuted for neglect OF duty and
subjected TO heavy fines. This means
that during the present year Waxa-
hachie must take care Of the sewer
disposal plant Grounds have been
purchased for that purpose aud In
due time the matter will be refer
red to the citizens
These are some OF the matters
brought to ones attention by at
tending the city council. Not that
the council Is Worrying great deal
about them, but noticeable never
theless.
Resignation l. Read.
The resignation of Alderman
Rnbe Rushing Was read and ae-
cepted with instruction TO the sec
rotary to write the retiring alder
man a letter of appreciation OF his
III b~A1tA - A's~ ~*fS
and also to express the esteem In
which he was held by members o.
the council. sir. Rushing has moy-
Ell TO Haskell Texas. aud his resig-
nation was tiied ~ish the secretary
early in December
The matter Of granting lower
water rafe io tie steam levn4g
was referred 20 the @atcr commit
tee for recommendation to the or
dinance committee. II will be nee
essary to make q general reduction
TO large consumers IL the reques, is
granted.
The reports OF officers were read.
Bills aud accounts az audited
were allowed.
A motion prex allied that a special