New Ulm review., 1922-04-26

net transactions for the year ending
March, 1921, to. $10,463.75 leaving
the fund oyerdrawn at the end Of the
fiscal year, March 1922, $4,345.13.
It is also to be noted that the net
transactions for the year ending
March 1922, were approximately
$4,000, less than the year previous.
IS Administration Fund.
The administration fund was over
drawn March /, 1921, to the extent
Of $38,086.S9 and the total expendi-
lures, including salaries Of the city
officials, expenses of printing, munici-
pal building expenses, etc., amount Y t
to $1S,02O.46. The total receipts for
licenses, fees, ETC., amounted to $2,--
299.S4 and the balance Of the receipts
was realized from the sale Of funding
bonds, including the premium thereon
amounting to $l01, 200. There was
on hand in. this fund at the end of
the fiscal year March, 1922, the sun,
Of s45,169.43.
Street Fund Items.
The street fund overdraft of Mar.
/, 1921, amounting to $4S,287.O9 did
not experience any reduction. On.
the contrary the figures show that at
the end of the fiscal year ending
March, 1922, the fund was over.
drawn to the extent of $50,942.41 or
approximately $4,000 more than ct
the end of the previous year. The
tax levy for this fund am mounted to
$3O,15S.99, which together with sew
eral smaller items swelled the total
of the revenue received to $3O,763.81,
There was expended total of $685..
419.13. The main items making up
these expenses are Road Oil amount
ing to $4,054.S1, Tarvia, $1,219.40,
electric light for street arcs, $680O
and ''Whiteway" $2,192.85. Actual
labor expenses, team labor $3,323.8O,
hand labor $4,430.87. Besides that
the civil engineer drew $2,340.00,
street commissioner $1,320, paving
sweeper, $500. 1t is quite apparent
from this report that the labor ex-
penses on the street forms only a
small fraction of the total moneys ex-
pended from the street fund.
Sewer and Fire Funds.
The balance on hand in the sewer
fund March 1, 1921, amounted to
$9,665.64. To this various items were
added, chief among which was the
tax levy for the year 1920, amount
ing to $5,8O3.78. The expenses in
this fund amount to $33S.63 and there
was on hand March 1, 1922, the sum
of $15,472.29. There was a slight in
crease in the amount overdraWn in
the fire department. The total tax
levy for 1920 was Sc, 1T against which
there were expenditures in the sum Of
$6,669.95 and on March,, 1922, this
fund was $6,853.30 overdrawn as
compared to $636O.50 On March H.
1921.
Park Funds.
The total receipts for parks, in
Guiding the tax levy for the year 1920,
and the balance Of March /, 1921, ag-
gregated the sum of $6,424.50. The
expenditures, including $1,000 for the
park concerts, aggregated the sum OF
$2,162.52, leaving balance on hand
in this fund Of $4,262.05, a trifle over
1000 more than the year previous.
The public cemetery fund balance
was increased approximately $4,000.
There was balance on hand March
1, 1921 of $8,518.09 which, together
with the tax levy Of 1921 and other
small items, brought the total to $l2,-
803.65. The total expenditures were
$1,3S7.90 Of which 5000 salary for the
cemetery keeper was the main item.
The fund showed balance on hand
as of March 1, 1922 Of $11 ,425.75. !.
The cemetery trust fund was increased
from $4,450 to $4,000.
The balance in the interest and
sinking fund was decreased from $12,-
429.91, balance in fund March /, 1921
to $5,247.5a March /, 1922. The
total receipts for this fund aggregated
the sum Of $25,744.55. The total ex-
penditures amounted to $2O,497 .02 Of
which amount $4,000 wasexpended for
the payment of sewer bonds which came
due and payable March 81, 1921.
For the City Hall fund there was a
tax levy amounting to $19,984.87.
This fund was overdrawn March 1,
1921, to the extent of $22, ,OO7. .93
leaving the fund overdrawn March 1,
1922, $2,023.06. This fund has been
wiped out and has been transferred to
thn administration f11nd