The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1923-06-05
CITY AUDIT IS
ONE Of PRAISE
FOR GOOD WORK
Report of Past Biennium
Is Made to Council on
Monday Eve; Business
Healthy.

Caldwell, Its city government, IS not
only in excellent financial condition
hut an audit of its books, referred to
the city council Monday evening,
shows every fund accurate, every ex-
nenditure accounted for and lauds the
methods employed by City Clerk s.
Earle Boyes and City Treasurer w. c.
Dyer.
Caldwelrs books have been audited
every biennium for the past 10 years.
according to the notation OF Howard
Smell. accountant. who early last
month completed this audit. Two
wears ago Mr.. Smell found the books
in a bad disarray but this report indi-
Gates that all adjustments have been
made. proper credits recorded and
that the system of accounts now enl-
ployed is giving excellent results.
Only one discrepancy was found.
This was in a check of Mr.. Boyes' ac-
counts which indicated shortage of
95 cents.
City Has Cash
Mr.. Smell was not present Monday
evening to go over the audit with the
council In transmitting the official
report by mail Mr.. Smell wrote that
the city finances were in such shape
and the report showed everything to
be in such order that it was not neces-
sary for him to be present when the
audit was considered.
On April 80, the final date before
beginning the audit, Mr.. Dyer had on
deposit at the three local banks to
the credit OF the city of Caldwell, a
total of S58,920.24.
Uncollectcd delinquent taxes total
S90.39299. OF this sum $7l 1880 is
1922 taxes, half of which is but now
due and which, when paid, will mater
tally reduce taxes due the city. NoI
record is made of taxes delinquent
prior to 1919 since the county has ta-
ken tax deeds covering this property.
The city still retains its equity in these
items but the audit makes no record
OF them since the total amount is not
large and the value is uncertain.
Income Cash Exceeds Expenses
Indicative of the healthy financial
condition of Caldwell is the recapitula-
ton of all revenue and operating tabu-
lations. This shows that in the year
l92l-22, while the net operating rev.
enues were Sll2,67l.50 the total ex-
penses, including operating expenses,
bond retirement and interest on bonds.
aggregated only $98,432.84, leaving an
operating surplus of Sl4,238.56.
Last year, slight cuts were made
both in the revenues obtained and the
cost of operating city government,
the former totalling $l06,4l4.27 and the
expenses aggregating S96,303.l2. The
surplus for last year was Sl0,lll.l5,
and for the bennium, total surplus
OF S24 4,349.7l is shown to have accu-
mulated.
These figures do not include the wa
ter works fund which also shows an
operating surplus of $7,7l6.l8 FOR the
biennium.
Praise for Clerk
OF the city clerks Office the report
says:
From the records maintained by the
city clerk, it was possible to make
conclusive audit covering all monies
received by this official, and taking
into consideration the large number OF
receipts issued, feel that the accu-
rate manner in which the same have
been handled is commcndabc."
Large transfers to rcctify the var
ious city funds have been made during
the past two years. Speaking OF these
transactions the report says;
The large number Of these trans
fers were necessary to adjust your city
funds to a correct condition and were
based upon my audit of two years ago.
During the four years ending May l.,
1921, there had been very careless
oommingling OF funds the full details
OF which arc given in my audit rend-
cred at that time"
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