New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1920-04-14


the administration fund for the past
fiscal year was $19,O49.37, the balance
being made up Of various license fees and
other minor items.
The expenditures amounted to $32,
1880, including $4,000 state loan
repaid There was deficit in this fund
at the close Of the fiscal year of $23,796.76,
compared with an oVerdraft Of $1O,.
667.83, Mar. J., 1919. The excess of ex-
penditures over income was S13,128.93.
Street Fund.
The total revenue in the street fund
last year amounted to $15,S50 26,and was
made up of taxes, $14,908.20; state a.d
for construction Of highways on Twelfth
South street, $500; penalty and interest.
on delinquent assessments, $252.22, and
cellaneous receipts, s189.84.
The expenditures amounted to $685.
1313.68, made cup of salar. es, wages, road
construction, road Oil, sprinkling, tractor
repairs and miscellaneous other items.
I The excess OF expenditures over in
come, which amounted to, ST., 463. AZ,
added to the overdraft of S25, 022.81
Mar. 4 1919, created an overdraft Of
$37, 4S6.23, Feb. 80 1920
Sewer Fund Has Balance. I
The. total revenue in the sewer fund
during the past year was S10,513 80,
which included a balance Of Sic, 417.67
Iatthe beginning Of the fiscal year, $500
received as penalty and, interest, and
special assessments i'm the sum suf: sos.
The expenditures Itotaled 1926. As ,,ssmade
up of minor items. ..TKiszleft a balance
in this fund ! Of. $40, 218s44 :on Feb: t29,
4l92O. ~, 81 q {. 81 $ss
Fire DEPARTMENT Fund. s= s
There was an oyerdraft in the FIRE DE-
partment fund Of $3,684.M on Feb. 29,
1920. The,reyenue was made up solely
Of the 1918 tax levy Of $4,174.3o. The
expenditures aggregated se,oo6.o6 Or
$l,8S176 more than the revenue. This
latter. sum, added. to the overdraft; Of
81, 852.s8, Mar. 4, 1919, leaves a total
overdraft Of SO, e84.14 at the close. Of the
past fiscal year.
Money in Park Fund. z55 "a e
There was a balance Of 81, 1876. SO in the
park fund at the close Of business on Feb
20, 1920. The revenue was. derived
from the 1913 tax levy in the sum d
$2,981e4, which, adde dstos $l,l98:61,
the balance in this fund Mar. i. 1919
makes totalrevenue lof s4,58 rs. The
expenditures totaled 81, 1874 sc, leaving
a balance Of s2,l85.5e with which Z
start the present fiscal ears y
Cemetery Fund Has Balance.
The revenue in the cemntery Fl I'D
amounted to s6,s47,16 list year, inck d
ing d balance Of 50, $685. 2 on Mar, /, 1919
The total expenditures aggregated ST..
024.30, leaving an excess of $5,822.S6
of revenue over expendi lures. Y
Cemetery Trust Fund.
There was q, balance of So 200 Sin the
cemetery trust fund, Feb. % 1920. The
balance at the beginning Of the last fisca
year was $4,000, which, was increased
during the year by s400 received fol
perpetual upkeep Of Six cemetery lots
There wera no disbursements.
Interest and Sinking Fund. 3 !.
The interest and sinking fund showed /;
balance aof $7,047.8O, at the commence.
ment Of the present fiscal year. This
fund had a balance Of $41G.42 at thu
b ginning Of the past fiscal year. The
revenue totaled $13,OO247. and the
expenditures aggregated $5,9s4.67, leav.
Ling the above enumerated balance. in thi'
fund to start business on Mar. l 1920.
City Hall Fund Overdrawn.
! The city hall fund was overdrawn Al
the beginning Of the present fiscal year il
the sum Of s3634l.69 There was ;
lde6cit in this find, Mar. I, 1919, 0
l$42, 1897. "a. The, sole item Under re
ceipts was the arportionment from tn
1918 tax levy in the sum Of SIS, 976.ss
The expenditures during the past yea
totaled $13,9S6.s3, which left an over
draft Of $36,341.69. Among the prit
cipal disbursements were: Constructio
and equipment items, $4,1S8. so; concret
\ driveway, walks, Curb and gutter, ST
7O3. 20; grading and seeding lawn, $549
,I55: desks. counters, chairs, etc, So, O0l
land steel Cling cabinet, s., 600.
Property and Plant.
The accountants report states tha
the sum. Of $1O5 ,681.85 represents til
total expenditure from 1902 the yes
y Of the installation Of the electric ligl
Iplant to Feb. 80, 1920, which is an il
crease Of $4,616.95 over the previo,
i year. No depreciation has been write
1 off the cost Of the plant since its install;
.ttion.. 5 ss.s
The SIM Of 81.sS is the total e
penditure on the water works plant sin,