Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1916-06-27
C|Ty'S RECEIPTS
IN BIG INCREASE
Report Of Fred n. Setterdahl, Special
Auditor, is Adopted by Rock
Island Commission.
POLICE FINES ARE THE LARGEST
Pecuniary Penalties Show Marked Ad.
vance During Year Closing April
Is Over Preceding One.

receipts LOT the nScal year ,endlng
April IS for the city of Rock Island
show an increase of s42,558.36 over
those Of the preceding year, accord
ing to the report of Fred n. Setter
dahl, special auditor. The report was
adopted by the municipal commission
yesterday.
Capital receipts this year amount to
SAT-, 1920. Capital receipts the year
before amounted to s405,173S4 There
were increases in all sources from
which city revenue is secured, the
most noticeable being in police fines,
which were sS,114.20. Fines collected
this last year amounted to s10,555 and
the preceding year s2,440S0.
Increase in licenses and permits is
81 $500; In the water rent, S5,S05 90
and in taxes, S5,257.7S. Grand total
cash receipts amounted to s577 $3.50.
Bonded debt of the city has increased
S55,400, being s859,500 this year as
against s804,10O the preceding year.
Compliments Auditor.
Mr. Setterdahl was complimented
today by Commissioner NJ T. Rud-
gren for the excellent report. Com
missioner Rudgren stated that the de-
tailed work on the audit showed that
great pains and care had been taken
He declared that the work is in such
a shape that auditors in the future
can follow it up, using the same sys-
TEN, and thus assuring the city a
comprehensive statement of its tinan
cial condition annually
Among the various interesting mat
tiers the report brings out are the sal
, lent features of financial condition of
the city:
SUMMARY CASH RECEIPTS.
General fund ............s2 49,602 80
| Trust and special fund - 465.76
: Waterworks fund ..... 1877 Sc
Special assessment funds. 1874, 299.12
/ Loans 100000
Net >cash receipts ......... 530,4849 81
Cash balance April Is, 1916 47,353 SO
Grand total ..........s 577,S3S.5O
SUMMARY OF CASH.
General fund ...........$ 1925, $40 rs
Trust and special funds. 22,553.8S
! Waterworks funds ......... 74,31493
Special assessment funds. 17S,3250S
Loans paid ............... 100000
Total $3.50. Do
Cash balance April Is, 1915 17,084.S5
Grand total .s577,S3S.5O
SOME COMPARISONS.
Received from licenses and
permits this year ........$ 93,2S4S9
Received from licenses and
permits last year .... S1,12S, IS
increase .....,......... ll,0ob.-U
Received from waterwOrks
department last year.. 1871 SO
Received from waterworks
department last year. 80. 6S,11239
Increase Observation-Disclosures. 5,SO5.20
1915 taxes advanced this
/ year .................... 800. (
1914 taxes advanced over
last year .............. SS,13150
Amount of taxes advanced
last year over this year. 5,25Z7S
Received from police fines
and costs this year ...... 10,555.00
Received from police fines
and costs last year ...... 2,440.S0
Gain over last year ...... S,11420
Capital account this year
shows, Observation-Disclosures. 1872 &C
Capital account last year
shows ................ 4O5,173.84
Increase ................ 42,5583e
Bonded debt this year. ..... $50 10000
Bonded debt last year ..... S04 10000
Increase over last year.. 55,4000(
Due from property holders
special assessment this
year Recommendations. 6S5,675.64
Due from property holders
special assessment last
year .................... 6O2,749.6S
Increase over last year.. S2,925.9(