New Britain herald., 1928-02-20
Federal Statistics for Year Ending Last March 3l Compiled by Department of Commerce.

Washington. D. C.. Feb. 2o-The department of commerce announces a summary of the financial statis- tics Of the city corporation of New Britain, Conn.,, for the fiscal year ending March Fl. 1927. The per capita figures for 1927 are based on an estimated population of 10000. Expcnditures
 The payments for operation and maintenance of the general depart ments of New Britain. Conn, amounted to s3.l0S.177, or sso.l2 per capita In 1928 the comparative per capita for operation and main tenance of general departments was t.s.ss. and for 1918. sl5.7.. Pay ments for the operation and main tenance of public service enterprises in 1927 (waterworks. cemeteries, subways for pipes and wires, and slaughter housel amounted to t2D3.- 100; interest on debt. t.e9.567: and outlays for permanent improve msnts. including those for public service enterprises, S1.25:,329. The total payments therefore. for op- eratton and maintenance of gen eral departments and public ser- vice enterprises. for interest. and outlays. were S3,933.173. The totals include all payments fer the year, whether made from current reven- ues or from the proceeds of bond issues. .-,..,.. ..---......--v
 Of this amount t1.se. represents payments by city department or enterprise to another on account of services.
 The total revenue receipts were $s.l3S.Ss2. or $44.77 per capita. This was t563,0ts more than the total payments of the year. exclu- sivs of the payments for permanent improvements. but s799.2sI less than the total payments including those for permanent Improvements. These payments in excess of reve- nue receipts were not from the proceeds of debt obligations.
 Of the total revenue receipts (l,- 902 represents receipts from 8 city department or enterprise on account of services.
 Property taxes represented 77.7 per cent of the total revenue 10. 1927. 775 per cent for 1928, and 66.0 per cent for 1918. The increar~ in the amount of property taxes collected was 1928 per cent from 1918 to 1926. and 6.s per cent from | 1928 to 1927. The per capita prop erty taxes were $34.s0 in 1927. $ss.31 in 1928, and s15.5S in 1918
 Earnings of public service enter prises operated by the city repre- sented s.7 per cent Of the total revenue for 1927, S.s per cent for 1923. and 14.4 per cent for 1918. Indebtedness
 The total funded or fixed debt outstanding March s1, 1927. was $7.125.oo0. Of this amount s1,771.. 900 was for public service enter. prises.
 The net indebtedness (funded or hxed debt less sinking fund assets) was $e.45o.126, or $92.14 per cap ita. In 1926 the per capita net debt was $S5.s6, and in 1918. S56.s6.
 The increased per capita net debt reported for 1927 was principally due to bond issues for schools and the water-supply system.
 Assessed Valuations and Tax Levics
 The assessed valuation Of prop erty in New Britain subject to ad valorem taxes for city corporation was $111,667.91s. The levy for all purposes was 32.s4s.14s. of which $2.760.241. or 96.6 per cent. was levied for the city corporation: s7h,ooo, or 2.6 per cent, for the state: and $22.s93. or 0.S per cent. for the county. The per capita tax levy for the city. state and county was s40.69 in 1927. $3G.6S in 1926. and $1750 in 1918.
 Dcsirability Of Uniform Classification
 Financial statistics of the cities having a population of over 30, have been collected since 1903. but because of the diversified accounting system in the 250 cities in this class it is still necessary to have agents visit most of these elite to prepare the report.
 The bureau of the cenus advo- cates a simple, logical and compre- hensive classification of accounts the use of which would permit ob taining readily accurate and con- parable data. It requires only thai