The weekly Iberian. (New Iberia, La.) 1894-1946, 1921-10-22
OFFICIAL MINUTES
CITY COUNCIL

and Nlllermln present.
The minutes of the previous meet
ing were read and approved on mo-
ton of Mr.. Villermin, seconded by
Mr.. Broussard.
Mrs. c. w. Cultivate, Chairman
of the Unsectarian Aid Committee,
appeared before the Board to ask
that the sum of $3.50 90 be included
i'll the budget for 1922 to assist the
Society in their work Of the coming
year.
On motion of Mr.. Villermin. sec
onded by Mr.. Broussard, Mr.. BaSalle
not voting, the amount of $3.50. OO
was ordered placed in the Budget for
1929 to account of Unsectarian AID
Society.
Trustee of Public Property informs
the Board that he would make some
temporary repairs to the City Bridge
as it is in dangerous condition and
request that provision be made fo1
the payment of labor.
The following report as submitted
by Mr.. l.. G. Menuet was ordered
published on motion of Mr.. LaSalle
seconded by Mr.. Villermin:
REPORT ON THE AUDIT OF THE
SPECIAL FUNDS AND STATE
MENT SHOWING INDEBTED
NESS OF THE GENERAL FUNI
AND LIGHT & WATER PLANT
FUND, FOR THE CITY OF NEW
IBERIA, LOUISIANA, AS OF
DATE JUNE 81. 1921.
Compiled by l.. G. Menuet, Public
Accountant, Lake Charles, La.
Lake Charles, La, Oct. 7, 1921.
TO the Trustees of the Commission
Council for the City of New Iberia
Louisiana,
New Iberia, La.
Gentlemen:
| have made an audit Of the City!
records in accordance with resolu
ton duly adopted by your Honorable
Body and as per verbal instruction,
received from you. The gist of thu
instructions were that | should furn
ish you with report showing thu
indebtedness of the General and Ligh
and Water Plant Funds, and the con
diton of affairs existing in all of tn
Special Funds as of date you assum
ed office, which was on June n. 1921
II was understood that / would max,
my report from the City's books ant
from auditors reports on file, if i
was possible to secure the data there
from. The latter was found impracti
cable from the very start and thes'
few facts need only be mentioned t.
show that report prepared from
those sources would not have beef
authentic
(a) The Tax Rolls had not beel
audited.
ID The fund known as "Interes
on Street Paving Bond Fund"
was not carried on the books whicl
were taken over by Trustee Brous
sard and it did not appear in the re
port made to the outgoing admins
tration at June 81, 1921. This fund !
shown in this report under Part
Schedule vi. The cash receipts a
mounted to $43,638 .87 80 disburse
ments $34,876. "a and cash balance a
June 81, 1921-$8,762 O3.
(c) At date Of December 7th, 1872
an amount Of $7,873.74 was dis
bursed from the Main Street and r
r. Avenue Paving Fund in paymen
of an estimate due the Souther
Roads Co., for work done on Iberi
and Duperier Streets.
In view of the foregoing it wa
found necessary to make q detaile
examination Of the records in orde
to comply with the instructions re
ceived, as nothing but the origins
records would have revealed thes
facts. The books were not in shap
to make an audit therefrom, there
fore the original records were relic
upon altogether to prepare the dat
for this report.
No audit was made of the Geners
Fund, or the Light and Water Plan
Fund as per your Instructions. Tn
indebtedness of these two funds wer
determined-u) by compiling lis
of open accounts as filed with tn
Trustee of Finance-(2) by maxim
a statement of Bills Payable frol
the data secured from the minute
and confirmed by personal calls-(3
list of claims and judgments secul
ed as per statement furnished by tn
Clerk of Court-(4) by changing a
amounts due Special Funds as deter
mined by audits Of those funds-an
go by charging to the General Fun
all shortages from tax collections
the Special Funds determined by a
audit of the Tax Rolls for the year
1919 and 1920.
This audit does not furnish eviC
ence that the moneys which are du
the special funds actually went int
the General Fund, but in the absenc
of an audit of the General Funt
nothing remains but to charge tn
shortage in the special funds therett
The findings resultant from my ex
animation are presented in detail !
the attached report, which is subd
vided into seven parts to facilitat
examination of the contents. Fac
part is prefaced by blue sheet upo
which is noted the subject covered.
This report is extremely long an
complicated due to the numerous ex
ceptions covering the many errors Q
commission and omission in the va
rious funds. On that account mos
tax payers will refrain from eve
reading it. Whereas there is no wa
of bringing out all the importan
facts in this preamble, few salien
features will be brought out in orde
that those who do not read the er
tire report may get some idea of tn
City's financial condition. All refer
ences in this report unless otherwis
specified are as of date June n, 1872
(a) THE CITY'S INDEBTEDNESS
is $93, SOB. 80.
This is net after deducting tn
cash on hand.
No audit was made Of the Geners
and Light and Water Plant Fund!