Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-31
CHANGE IN WATER
ACCOUNTS URGED
Arlington Engineer Seeking
Way to Obtain Use
of SOS, 900.
By a Stan Correspondent of The Star.

By q Stan Correspondent OF The star.
ARLINGTON COUNTY COURT
HOUSE, Va, May 3o-Drastic changes
in the method Of handling funds Of the
water department Of the county, so
that money may be Immediately pro-
vided for the operation of the depart
ment. are to be recommended to the
Board of County Supervisors by c. l..
Kinnier county directing engineer.
These changes would make available
approximately SOS 900 that is now tied
up in the county treaSurer's ONCE.
The plan was made known to super
visors yesterday. but Kinnier hesitated
to make a definite recommendation, due
to the absence Of County Treasurer E.
Wade Ball.
Two Water Accounts.
At the present time there are two
water department accounts in the
treASurer'S Office The first is an in
come account" which receives credit
for all water sold and house connection
payments and Is debited with all pay
ments for water all payments for in
terest on bonds and notes and the pay
ment of the bonds and notes them
selves when due. The second Is the
capital account" which receives credit
for all other income. including 'front.'
age, miscellaneous charges and interest,
and is debited with all of the pay roll.
purchase expenses and other operating
expenses.
There is now a credit balance in the
income account" of approximately
100000 and in the capital account"
an overdraft Of approximately $1,000.
Overdraft Results.
These accounts" Kinnier says. have
gotten in this shape because of the fact
that the income from water sold has
accumulated in the income account.
The general operating expenses have
exceeded the income to the capital &C
count, largely on account Of frontages
being paid on the installment plan,
causing this operating overdraft."
It is recommended by Kinnier and J.
r. Hutchison. auditor, that two new
accounts be established. The first, to
be known as the operating account, -
would be credited with all income from
all sources and charged with all oper-
ating expenses and an amount of SIS, 900
quarterly be credited to reserve and
interest" account. all interest, the $50
600 note and bonds to be paid out Of the
latter account.
Funds to Be Transferred.
The sum Of $4,000 would be placed
to the credit of the latter account and
the remaining $4,000 of the present
balance in the income account" would
be transferred to the operating ac-
count"
This will not only simplify our rec
ordS, but will permit us to use in oper-
ating expenses all funds not needed for
interest and retirement of bonds" Kin
nier says. 1T will also enable the
water department to begin repaying
money borrowed in the past from other
county funds.
THE operating account will be fur
Their divided and records kept in the
water ONCE to show income and ex-
penses for each Of the functions OF the
water department, such as overhead,
lateral extensions, house connections,
lateral maintenance and general oper-
ating expenses"
Kinnier states that he has examined
the records of the Board of Supervisors
and has been unable to find any reso-
luton Of the board ordering the specific
set-up now IN use.