Perth Amboy evening news., 1921-03-09

such purposes:
Harbor. sos. 0Oe.oo.
Water supply, st.05s,eee.oo
Electric light OF power. ti9S, Qoo-eo.
Bonds issued. and authorized but not
issued. for schooi purposes. after deduct
ing sinking funds and funds in hand ap-
piicsble thereto, s7ss.soo.oo.
Bonds issued. and authorized but not
issued, not Included above;
Parks. Si55. 10000.
city aIlH. sSs.ooe.oo.
Fire. SIS. 10000
Funding. sie7.000.ee.
Hospital. s2.500.00.
Police Facilities. SiS.ooo.eo.
Riparian Rts. BID. s2.1io.o0.
street Sprinkler BIDS. s1S.915.o0.
Improvement bonds. S45.4eo.oo.
Evidences Of Indebtedness issued. and
authorized but not issued. for school pur-
poses. s40. 100000
other evidences OF Indebtedness issued
and authorized but not issued includes
sf.401. 600 water temp. imp. bonds) f2,-
2S3.SI0.0O.
Total gross Indebtedness. s5.ss7.f25.O0.
The amount OF special assessments
levied and unsolicited, APPLICABLE TO the
payment Of any part Of the gross In
debtedness not deducted under some 9TH
er item hereof. s79.o3s 10.
Indebtedness incurred and authorized
but not Incurred. for the supply Of water
50. $50. 10000
The net Indebtedness incurred and au-
thorized but not incurred. for school
purposes as stated, stbb.SeV.Vo.
) Per cent. OF the average assessed va
~luation as stated in subdivision hereof,
ss4S. 6sf.Si.
Deductions under this item. ssGs. ss1.si
Funds in hand and sinking funds or
such parts thereof as are held for the
Of any part Of the gross in
debtedness other than that which is In
cluded In these deductions or otherwise
deducted. Under this item is included
the proceeds on hand OF any bonds or
notes held to pay any part OF the gross
Indebtedness and the estimated proceeds
Of bonds or notes which have been au-
thorlzed II such estimated proceeds will
be held for that purpose. 1851 .754.54.
Amount Of unpaid taxes not more than
three years in arrears. sS24.234.5e.
Total deductions. sl.i72.s1o.4o.
Gross debt. s5.s37,425.oo.
Deductions. sl172. BIO 40.
Net Debt. sI.4s4.5I4.60
The three next preceding assessed valu-
atoms Of the taxable real property tin
Guiding improvements Of the munich
pality and the average thereof is as fol-
lows:
1918 Assessed valuation Of such real
property. $50, 100, 732. 90.
1919 Assessed valuation OF such real
property. SCI. 4ss.s4S.O0
1920 Assessed valution Of such real
property. s92. $50. 10000.
Average Of such assessed valuations,
t21,s22,727.oo.
~ HNA@3N
bears to the average OF the assessed va
~luations computed under subdivision d
hereof is as follows: SIT plus per cent.
was presented. and ordered entered In the
The following report of the City Treas
January 10. 1921.
To the Mayor and Honorable Board Of
CITY OF Perth Amboy. New Jersey.
Gentlemen
The following bid has been received
this day for the purchase Of sos 100000
80 per cent. water bonds. dated January
LIST. 1921. Due I9e2-i950 inclusive. and
was the only bid received.
b. J. Van Ingen & Company, s103, 10000
and aceured interest. have awarded
to the confirmation Of your honorable
body.
Respectfully.
FERD GARRETsoN.
City Treasurer.
was presented. and on motion confirmed.
The following Annual Statement Of the
OF the Sinking Funds:
January II, 1921.
TO the Honorable Board OF Aldermen.
City Of Perth Amboy.
Gentlemen:
In accordance with Section . OF Chap
ter 212. p. L. 1917. we submit herewith
Funds OF the City OF ePrth Am
boy as OF December 81 1921 said report
being certified to by the Certified Audit
OF America.
Respectfully submitted
ISAAC ALPERN President
FERD GARRETSON. Treasurer.
o.. j. MoRGENSoN, Secretary,
JESSE SEAMAN.
FRED P. HANSEN.
Sinking Fund Commission ot the
City Of Perth Amboy.
Fund Commission. Perth Amboy.
y. j.
We have examined the Sinking Fund
of the City of Perth Amboy. and
submit the results this examin-
alton.
as at December 3ist, 1920.
ALB. Receipts and Disbursements from
LIST, 1920 TO December 31st. 1920.
CD. Schedule OF Sinking FUND Invest
nents and interest bearing amount.
E. Statement OF Taxes due Sinking
Fund.
=. Schedule OF Assessment Arrears.
G. Certificate OF Sales.
H. Statement Of Term Bonds; purpose.
late OF issue, maturity, annual and &C
cumulative requirement and those paid
n 1920.
Surplus brought down 10 December 81,
1890.
The cash balance was verified by bank
3lst, 1920.
We hereby certify that the within re-
port is a true and correct report OF the
Fund Commission OF the City Of
md believe it 10 be a true statement OF
the Sinking Fund OF your city.
Respectfully submitted.
CERTIFIED AUDIT COMPANY OF
BY EDWARD NJ. HYANs. NJ. L. A. No. SIS
By HENRY f. HAFER. NJ. L. A. No. Sc.
Seal Certified Audit Co. Of America
January eth, 1921.
y erafvad January 7SfL 1901
A. z. GRAHAM.
Balance Sheet as at Dec. 3l.t, 1890
ASSETS
General Cash "a 3 1851
Cash B 42,oss..7
Investments
General G ......Ss54, 42s.43
Water CD ....... 100000
Deferred
City. OF Perth Am
boy -........s iT,T0sT4
Taxes E ........ 1o5,26e.4b
Assess
ments % -. 42.ss5ls
Certificate Of Sales
GO ......... 1,s5aI2
- 1s5.52s.o7
&1.o15,37s.s3
LIABILITIES
Sinking Fund Requirement
eHI ACKNOWLEDGEMENT ss5,O4s2s
serve ..T..-...... 17iis.s7
ID ................ s.21s.6s
s1.oIss7ss3
SCHEDULE
surplus
as shown
Dec. 81. 1919 go. - s54gsse