Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1923-02-10

~ i"ollh ana the October loan was
"a. .aken care OF. The statement:
the honorable Mayor and HI.
n '''ee committee for the City
In compliance with your reouest
the financial condition Of The c; ta
OF augusta for the month or Jan-
uary. 1929 '" VI JAM
On Jan. /. 1922. the cash ~, ,,
amounted to $lO,573o1 ON On n 1hnt
GATE the Auditors books sboweI
! s nlliS receivable to the amount ~
- IL. These bills receiyah le h.Se
aiready been credited to the denart-
Nene TO which they belong for Tho
year ~: hence though thew nav
re collected in 1923 thew are nnt
'Naliab'e as departmental credits FOR
-mIl year. When collected, these
.,lounts are. therefore. listed in tho
i,,sol'a.ion which follows under the
F.; shrinkage in some of these acco,,nt re
attention to which will be called at
the proper time. ~
1t is not possible to know tho Nv
act standing of the citv on Ian
1875. as there is no account of h;,Is
! paNaole and these bills can be de-
sermlned only as the bills are pre-
sehted Tor payment. Naturally and
necessarily many bills contracted
curing the month of December must
so over into the new year. That
you may better understand the situ-
;ttion me bills payable for 1922 have
ueen olVlded into two classes: first.
nose contracted prior to Dec. 1. 1920
;,..u second. those contracted dur
ing the month Of December 1900
The list contracted prior to Dec 7st
includes a payment of S1.167 rs
made to the 1922 tax collector. Sne-
ZINC nentlon Is made of this because
~ is impossible to state with abso-
lile accuracy when these commits
SONS were earned: clearly. however
they are an obligation of 1922. There
was also due on Jan. list a temnor.
airy loan of $4,000 contracted Oct
10. 1922. wv
On the basis of 1929 bills paid to
cate. the standing of the city on Jan
uafy l, 1928, was as follows:
Liza
Cash on hand. s1o.573.a1 ''S
Pills receivable 9459.17
Temporary loan -. s75OOO m
| Bills payable con-
tracted prior to
Dec. l. 1922. 57o1 %
! Bills payable con-
tracted during
ing December,
ls22 ........ 51S3O1
Totals s2O,032SS sS5.9O4o7
On the basis of the present bills paid
! IL VIII be seen that on January /, 1923.
tho Liabilities exceeded the assets hy
S65.S71.S9
On January I. 1923. the net bonded
debt was s39o.737.ss.
On January /. 1923, the city officia Is
were authorized to make temporary
loans from time to time in anticipation
OF taxes not to exceed S250,OOO Dur
ing the month of January a temporary
! loan CT 100000 was negotiated s75.-
| 900 of which was at once used to take
up the temporary loan due January /
1928.
Inc Following table gives a complete
summary of all receipts and disburse-
ments Tor all the departments:
Disburse-
Education
Schools ...:,s 14.15s..o 10000
! Highways and Sewers
snow REMOVAL e s,sss."' ssse
Sewers New
Projection Persons and Property
Flre Dept. 1.524.0s
| Police ....... 1.340.15
Charities and Persons
| Poor Dept. .... 3,G5S.3l 80 40
State aid. Pen
| sions. etc.. 7os.o0
General government
Salaries and OK
1 pcnseS audi
tor, city clerk.
municipal CRIT
ctc. .. c-6o 40 50 %
Registration &
elections 49,. S40.G6
City building e
armory $50. S7O.a7 $4,000
Street Lighting 1,40934
| Health and Sanitation
Health Dept. 1927
Milk Insp. -. $50
i Cemeteries .. 2f174 1900
| Fort Western. 1880 1926
Refund on Taxes Sis
| Trust Funds
|, Cemeteries -. 0000 100 90
Bonded Indebtedness
Coupons ..... 2,14a.15
Interest ...... 3.010.7l 12215
Tcmp'ry Loan ;. 100000 100000. 90
Unclassified 49,. zoo
TsRss :'.::::::: 5::s5: !:
Total for month
of January. .S116, 903.19 $115,266.1S
CdSh on hand
Feb. 1st ...... s,936oO
Cash on hand
Jan. list ..... 10,573.21
s125.sS939 $125.s3939
DANIEL W. CoNY.
Auditor Of the City of Augusta.
Clarence A. Day. county agent Of
the Kennebec Farm Bureau, was in
Watervlle, Friday, where he attend
I Cd a nf hn g ;e.in Of