The Waterbury Democrat., 1931-01-06

1 tion of taxes and other receivables {! interest on city funds. general or ! ganiZatiOn, operations of individual departments and agencies and oper- ations. Included in chapter two, also | is q summary of recommendation concerning the charter and admins tiative code and of the financial con- ] ditiOn and a summary of the charter ! violations.
 Recognize Special Funds | Part two deals with the financial | construction and condition, based on report No 1 and the general audit, volume l, compiled by the commis- sion's experts. Chapter 1 of part two deals with the need of recognizing special funds the need for distin- gushing funds by kinds, the distinc- tions between proprietary funds and trust funds, kinds of proprietary funds, classes of public expendable funds, classes of capital funds, the l fund situation in Waterbury, the ex- isting funds by classes, the effect of | taxation districts on fund situation, public expendable funds, descrlp- tion O fsuch funds, capital funds and debt retiring funds. explanation and l descf iption of working capital funds. | pety cash funds and debt retiring funds suspense funds and miscellan- cous unclasified funds and descrip- | ton of these funds.
 l Chapter two of part two deals 1 with the financial condition of the city as of December 31st, 1929, the funded debt as of the same date. the | financial outcome of the operations | of 1929, the surplus resource sink ing funds, the condition and opera . tons of the bond funds, the first and second taxation districts, the special public expendable funds, the funds l not passed through the treasury, a summary of findings as to the finan- | cjal condition, general comments ana recommendations and exhibits and | schedules.
 l Receipts and Expenditures Part three of the report is given
 over entirely to a study and report on the city'S financial conditions. Chapter l of part three deals with the budget of 1929, the cash resourc-
 es as of the beginning of the year. cash receipts and payments Of 1873, Income and revenues for 1929, de- 1 nnition of the expenditures of 1929, i a statement of operations of 1929, | expenditures of the same year, ex- 1 penditures classified by classes of service and commodities purchased. l | conclusion of the commission as To
 ,Le 1929 affairs and exhibits and schedules.
 Tax Collection Records.
 | Chapter two of part three deals
 with the audit of the transactions and records of the collector of taxes. 1t includes d summary of findings concerning the tax collectors de- partment and discusses the pro-
 cedures followed by the collector in handling cash receipts, the sources of revenue. the scope of the commissions audit, q summary
 statement of the account of the col
 lector. his deficiency as of March
 31st, 1880, the shortage in the amount rcmitted to the treasurer to cover collections reported the shortage in the amount of collec-
 of the unsettled balance of the de- iciency to each year of the period under review, the nature of the items composing the shortage in collec- tiOnS reported by the collector, pay | ments collected but not properly
 recorded on the books, errors in in- | Cluding correct amount of collec- | tionS in the collectors reports, er-
 TOTS in additng the tax collections on cash books, discounts deducted from reported collections in excess of amounts of discounts allowed, inter
 est collected but not remitted to the treasurer, the lien fees withheld by the collector. the accounting for the entire amount of taxes levied, addi- tions to the tax levies deductions from tax leVieS on certificates of er- | TOT, the correct amount of taxes iI .i m dC of mitted to the treasurer.
 | Collections of taxes made by the corporation counsel. payments made with checks diShOnored by the
 banks on which drawn, overpay- ments of taxes and remitted to the treasurer, unpaid balances of taxes
 marked as paid in full on the rate | books, collections of unidentified
 and duplicate payments, payments
 credited to the wrong district, re- lcOnciliation of the correct amount of
 taxes paid with the total payments
 according to the records available, lverification of unpaid taxes, dis counts allowed, collection of inter-
 est by the collector. abatement of taxes. postpOnements Of tax pay
 ments exemptions from payments
 of taxes, tax levies prior to 1921 | water rents and their abatements,
 collection of assessments, collections of permits and licenses. prosecution of the collection of revenue and ex-
 hibits and schedules.
 Chapter three of part three deals
 with the audit of interest allowed by banks and discusses interest al-
 lowed by banks on ina active accounts. Interest allowed on active accounts.
 methods used in computing interest,
 counterclaims by banks to account
 for deficiency in interest allowed and schedules.
 Organization of City Government.
 Part four of the report deals en-
 tlrcly with the organization of the city government. Chapter 1 dis cusses the general form of the city government and also the recommen- datiOns of the commission relative to the city manager plan. Regard ing the latter plan the commission n points out the disadvantages of the council manager plan. the history and results of the plan. the adapt ability of the plan to Waterbury conditions. the importance of this form of government and possible al- formative forms.
 | In chapter two of part four the organization of administrative ngen. cies Is gone into. such as the need ' (As ulg