Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-11

the close of last years business, was
Sl44.O88.33. The audit Of June &c.,
1918. showed a floating dert of $93.-
O8l75. The increase in the defl ut
in the three and half years since
that time has been $5l ,006.58.
This is revealed from the report
Of the auditors who recently conn
pleted a thorough check Of the elty
records covering the period OF the
last seven years. The audIto' oaI-
ance sheet is published herewith.
The auditors comments on the re-
port, however, state that the total
deficit on general government trans
actions for the l-2 years amounts
to S29,47513, and that of this
amount $l5,770 was incurred for ad-
ditions to public property and $l3,-
79l. Sc for street Improvements, both
Of which should have been financed
by bond issues. 1t state that OF
deficit Of $21, ,531.45 for the period
in the water department, $l9l5l.OZ
was expended on new equipment ana
extension Of system, loss IN the wa
ter department., says the report, was
due to free service 10 'ii' - '''0
street departments.
The auditors are representatives
Of Alonzo Richardson q Co., Atlanta,
certified puoIIc accountants. IN, "'
copies of the audit have been receIv-
ed, one OF them Delig llle' VII" I'''
mayor ana clly coui'tIl anu no" O'
ing charge OF the ci'y c!eIN "Eu [
treasurer, ana the oIhef oeIllE i" 'i'G
hands OF d. l. " arre''' '''''ii ''''.,, -
the cIty council 1ihahce co'l'i'''.ee'
Mr. Warren received inns appoint
ment the tlrSt OF IhlS year an" "''
instrumental IN procuring Ihe eA-
haustlVe audlt' Inc report coIlSI1''
OF liz lypeWfiIteh pages "l '3"'''
and comments, ana mas IoI peen
studled yet by most OF tne members
OF the city couhcl. hacL' however
have been handed up-to-d"Oe O"'2I'''
sheets Drawn from the ne" system
OF records lhStalled oy Une 'u"I'oiS'
1t IS asserted theSe mohOhiy balance
sheets VIII be continued lor Ihe III
formation OF the mayor ana coua-
cll, something that mas not Deeh avn
abIe heretofore
Sinking Fund Depleted.
1he audlt reVeaiS IhaI lhe Guy
bona SINKING 1uha has a caSh DaI-
ance OF $55't4, with $42,oO'']I que
It, Regarding TINS deiiclt the auul-
tor report says: lills amount III
cIudeS the unpaid balance OF the pro-
portion OF the ad VaIorem taxes
LEVIED Tor TINS purpose plus the
Sl8,o3o.I9 SHOWN on the previous
"udt report, ana does not include
the $3.50 shown on that report as
loan or the S3,o9O.56 shown as pro
rata snare OF unpaid taxes, as same
was unrecorded IN bona commission
records
Discussing the large total OF un-
collected taxes, the audlt report says:
very few OF the taxpayers listed
have been fl tad, and we respectful
~ call attention TO the provisions OF
your clty charter authorlzIng the
clty clerk ana treasure to issue II fas
immediately after the close OF the
current year IN winch taxes faIIdue.
ms neglect undoubtedly caused the
charging or OF $8,6l6.4l, being the
taxes upald for years prior to 1914" ."
II may be remarked that taxes are
not colIectlole under the law after
standing Tor seven years.
Much Oncollected Taxes.
Inc AUDIT dlscIoses uncollected
taxes Tor the last eight years Of $780,
|"9.lO' OF winch $4,323 Is listed as
oouOt1uI' leaving balance OF $685.
4lo.1O. inns total Is carried IN the
statement as an asset. That the
amount VIII turn out to be consider
aDIy less thereDy increasing the
lloatlh& deot' IS the statement Of
nan man warren VINO says that et-
I'i'S 10 co!Iec' inns BACK tax money