The comet. (Johnson City, Tenn.) 1917-19??, 1917-11-15
CITY OF JOHNSON CITY
TENNESSEE
ACCOUNTANTS REPORT
JUNE 80, 1917.
August 80, 1917.
10 the Honorable Board Of Mayor and Aldermen,

Schedule Of Bonded
Schedule o Bills Payable
Schedule VI Statement Receipts for the Year
Schedule 0 Expenditures the
schdu VII Receipts and Expenditures Consolidated Reconcemen
Of Balances June 80, 1917
Education
Schedule and -Waterworks
Schedule Reconclement of Property Tax Collections
Assessments Receya
Schedule XIII statement and Sidewalk Ac
Schedule Statement Vouchers Payable
+. Schedule XIV Auditors Journal Entries
In addition foregoing filing with report
the the following detail schedules
which consider OF value to your RECORDER
from an accounting viewpoint
Detail Assessments at June 49, 1917
Taxes 1908 1916 Inclusive
Detail of Receivable Including Taps
Detail Uncolected Fines Police Court
Your auditor glad additional improvements in your
accounting system Expenditures but remains the
opinion records Receipts could be sped apo saved
and the same results attained have discussed this
matter your and he has views this par
cur under adsement practice of
the office be maintained as at present keeping with
ordnnce provisions wish to emphasize the provision
requiring deposited in the bank daily rms mas
net been instance the presence of ekeek
November a. 1916 in the Cash Drawer August
soh evidences of this nature be unavoidable
Property Taxes have not been ceruileo
delinquent placed hands City Attorney for the years
1916. These matters should receive prompt
a close Of each FISCAL year
nasmuh members Of your body have taken
seats the date of last report peg 70
quote as follows audit report September l9lo;
Having acquainted with much Of the taxable properly Oh
your digest during recommend @ you con
slider the advisab digest prepared from reues
to your office approved board Of assessors OF your Guy
This worked admirably in other cities OF this state IN
eliminating returns in adding new properly ana
has prevented the tax rate causing each property
his proportion The assessed Vauauon u
IN Johnson City slightly million dollars with tax rate
Of $3.50 property in opinion should DC az es M
million dollars your than ST. compared with other
@ to the County being upon the basis Many small properly
ors no doubt holdings at rs per cent OF hghe ana
nav this excessive Of the larger owners o. r
and personal make returns that appear 70 pc Tess ~
per -,..4 -
know authority for inserting in your sworn statement y
Capital employment Mercantile Business the following cause
tht M amounts shown are exactly onefouh of the actual
value Of capital employed which is scaled down 10 'h Os
with values Of real and personal assessed by County
II appears rather that the total mercantile capital even
fourth is the should exceed $150OOO your Guy
recens from Licenses the year under review were
/ II AID the revenue in Bristol tennessee w ~
s5 and in AIorrisown, Tennessee S54oloo. ..1
Although previous reports from your auditors nave
&c 10 your city having at interest IN any o
~ Ennd for any of Indebtedness amounting P0
14o o7 exclusive Improvement District Bons lee my w
- record each time serve you the capacity Of auditor a
i action be taken az once ~ w
Norristown has Sinking Fund of $647So9 earnns~o PEI
cant inee Bristol earning the same rate ana
cities have maturing as eery as GOES
CITY with sinking fund In the matter o. t
Assessments your due from Property Owners Is
anne to retired by these assessments
,,ae, chadne XII been the result OF not heeps
-faa senarate OF the City number o. faVahg
~ vour for the actuai opas =
penses of the City the past few years .+s andl
h raa deficit has in your Funa Accounts a
q to note the past year TINS ael
on,y s172ls as against several thousand each
Tbere was an unexpected balance Of S6o5zS IN faisias
Appro. *, c,,uran, liabilities SEIZED
- ovamining YOUR Current and Current lAApiies
met Accrude interest VI sou
,,ng Debt is omitted your annual statements m
annroximately $4,000 as at June 81, lSli'
nha collection of Police has improved great oe
49,. anat five years ago. note number OF open
n collected the same covered by ponos' ~ -
these transmitted !. IYoyx rood as detailed
Tha showing Water Department - Fes $50 ~ Tho
hd,le Z hut fear present arrangements ~
gr and killing Of this are Inadequate. in 80
81 r,u Inape and Cashier the Water Department ~
~ i. ,,nlass ample assistance given and ~ = my op
the city will learn this later s,4 ,;,a n five years
Il 4. - neasure to report that for the flrst ue - 80 onI
a records Of the Board Education in excenen' Snap
: n4 raoures very little bookkeeping ana 'nste = - |
~ ho rocords being in any the best conqluoh hvoI
ota that on three occasions during the seal s hfrol
s ssnad to the local coupons os q U.s. ss forl
s,d to tbe CITY Although the banks give INDEMNIFY 49,
,a ~ payment of items the p1acuee =
=. sa shoud he the loser the coupon s iose Wh =
,on Further it is extremely doubtful i your ieo .,a1y
M, aatec ! publication Of payment Of q BOND COUPON
nine chances out that II would % pAia ~, III
" me ideal wayf handling coupons wou0 NJ ~