Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1922-03-23
DEBT
S126 FOR EACH
b 7 AN I
In Dollar Bills Placed End to
End, 1t Would Reach from
N. Y. to England and Back
Obligations Would Make a
Stack of Silver Dollars
Twenty-seven Miles High

The total bonded indebtedness of
the state of Idaho and all its political
subdivisions IS 54,6O7, 663.64, or ap.
proximately IL percent of 1895, $780,,
9S9.5l, the 1921 valuation of TIE state.
These figures were issued in report
given out by b. Il. Hyatt director
of the bureau of public ac
counts of the department of frcnce, at
Boise.
THIS is debt of $l264l for each
and every person in the state, based
on the 1920 census of 900 souls.
If the total bonded indebtedness were
converted into dollar bills and laid
end to end they would make con
tinuous line slightly more than 5000
miles in length more than twice the
distance from New York to England,
three-fourths of the earth s diameter
the United States.
DOLLARS 81 MILES HIGH
If this amount of zloney was con-
verified into silver dollare piled on top
of one another, the column would reach
approximately ~ miles high or more
than three times the world IS altitude
record for airplanes. Melted and cast
INTO bars it would require eighty-fve
freight cars each carrying 10000
pounds to move the load.
The state IS share of the debt is
$5,919,000 and the remainder is di-
vided between the various counties,
cities. villages end taxing districts as
follows:
Site 5,919,000.00
Counties ............... 9,099,959.Io
School districts ....... 11,1S4, 245.51
Cities and villages ...... 13,877,211.91
Highway districts ..... 9,261 10000
Irrigation districts 49,. 4,345, 10000
Drainage districts .... 20,666.47
Total .......$5 4, 607 ,663.64
The report states that the figures
were taken from the state auditor IS
oOrdE In many cases, however,
Subdivisions of the state have failed
to mako an adequate report and the
information furnished by county audi
tors reports and by state examiners
leports ha, been used.
CITY AND VILLAGE BONDS
Another statement appearing on the
report is:
"Under the title city and village
bonds" is included the issues of spe-
cial improvement districts within the
city or village. Irrigation, drainage
and special Improvement district
bonds evidence expenditure which
directly enhance the value of the
properties and should be distinguished
from all other issues which are gen
eral in nature"
Twin Falls county ranks supreme in
the amount of bonded indebtedness
in any one county. 1t has a total of
SIS, 1852 5000 and even outranks the
tie which has $5,919, 100000. Ada
county is second with $3,722,539.73
and Bannock county third with slight.
" more than three million dollars
worth.
IDAHO COUNTY HAS NONE
Z. Twin Falls big debt is wrapped up
in city and villages bonds, of which
the county has $2,254, 447.09 worth
The county also has a large issue of
outstanding highway bonds totaling
$2. 233 .OOO School district bonds are
about million and quarter. Ada
county's largest debt is in the county
itself which shows a total of Slab
700. School districts total $1,19S,51O
and cities and villages have less than
half million. Irrigation and drain
age districts in Ada county show
total of 100000. Bannock county,
along with Idaho, Latah, Lewis and
Shohone, has no outstanding county
bonds.