Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-02-08
APPROPRIATION ORDINANCE
CARRIES S4,258,61 8
Largest Budget in CIty's History Re-
ported by Committee on
Finance.
DEBT TAKES LARGEST SLICE
Auditor Creuslaw Files Statement
Showing Reasons for City's Deficit
OF $500 93T.I2--Strcct Improve
mcnt Fund Is Sharply CurtaiIed.

.ipprnpriatinr si53, $500 more than
Was apportioned las, year. the Council
Finance Committee presented the an
last night. carrying n total of s4.o5s.6lS.
/ The paper was laid on the table. ac-
, cording 70 procedure, and. on the mo-
tion OF Mr.. Scaton, subchairman OF the
/ Finance Committee, President Peters
ISSUED a cal! for a rcassembage Of the
body on Thursday night AT S o'clock TO
take UP the budget in detail.
The budget carries no increases in
The pay roll OF any department. the
Finance Committee recommending that
every curtailmcrt OF expense possible
he male Estimates OF tn" various de-
partmcnta wcr. cut IN c.cry instance.
and the only extra expenses provided
for We're thoS. due 10 anucXation and
for emergency needs, as in the case o.
the taking over by the city OF Pine
Camp as nu adjunct 10 the city hos
pita! service. aud the provision for
twenty-five additional men 10 the
police force and extension OF the
, mOtorization OF the Fire Department.
INTEREST AND REDEMPTION
TAKE LARGE. SHARE or INCOME
or payment OF interest on INC CITY
debt, sG25, ,G6S is provided. and for re-
demption, s213. .sSt.so making a total
of SNS3,552.S2. II is provided in the
ordinance that. in view Of the many in
creased demands upo, the city funds.
no salaries or wages shall be increased
10 become effective during the fiscal
year. other than such as may now be
pending in the City Council. or for
which funds are provided in this ordi-
nance.
For Improvement of streets and al
leys. including unpaid bills from 1918,
on account Of streets generally and
streets in annexed territory, $500, ,&5c0 0o
is 10 be appropriated. More than half
of this. il is stated. s already obli-
gated in outstanding contracts. The
Administrative Board asked for s5O0.-
h0o for street improvements James
River Improvement. including the pay
roll the pay of tho dockmasier dock
repairs and maintenance, calls for an
expenditure OF $1,000.
CRENSHAw EXPLAINs
CITN'S OVERDRAFTS
In letter to the Common Council,
City Auditor Crenshaw explained that
the principal overdrafts are on account
of the city debt. occasioncd by the
issuance of bonds during the fiscal
year: bills payable. of which amount
SJ0o.0 was return of loans and SlO2,-
205.3o on account OF property acquired
by annexation on November. 1914. and
discount and interest due TO large loans
made by the city during the year lust
closed.
In the following statement he shows
n comparison OF the receipts for the
fiscal year of 1914 and the fiscal year
OF 1915 and complete statement of
all appropriation accounts at the close
of the fiscal year:
The unexpended balance to the credit
Of bond funds aggregate s47o.550. IS. less
cash balance In hand January 81. 1915.
OF s263,613. 3.46. Thus the deficit at the
end of the fiscal year was. for funds
borrowed, S1.100.000, and for uncxpcndcd
appropriations from proceeds of bonds.
si7o.550.SS. making total of s1,570,-
550.SS. from which is to be deducted
cash in hand. $263.613.4G, and for bonds
TO be authorized for school improve
mcnts. s3S6.000, leaving the actual de-
ficit s920,937.42.
From this deficit there has been OK
pended for permanent improvements in
form OF buildings. s35s.454. and for
debts and street improvements in towns
annexed. s2i5.oS0.3l, and for inprov . :
mcnt OF Hcnrico roads. $73, ,62.0S, maxi
ing a total Of $67G.5a7
This leaves the accumulated dc,icit
for the years 1913. 1914 and 1915 for
operation and street improvements in
Guiding the special appro-
prlation Of 81 $4,000 for unemployed dur
CONTINUED OH Ninth Pageo