The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-07-29

Water Bonds,
1925, S-490, n
Serial ---------------$ 100000 u
Refunding Bonds
1927 3-48o,
Serial ----,--------.-- 100000 v
Sewer Bonds,
1928, 51b %, Am
irritation --.-. 7,O1O.63
Total Outstand- I
ing Bonds ---------S3O51O.63 ,
Total Outstand-
ing General In {
debtedness May
20, 1882 69713i
Comparative Statement of General
Indebtedness
Total Outstand-
ing Indebted
ness June 80,
1880 ------------------ $4O,446.64
Less Cash inthe
Sinking Fund
same date 80 1,7S7.49
Net Indebtedness
June 80, 1930--------..-.----------$3 S, 659.15
Total Outstanding
Indebtedness
June 80, 1881 $34.S33.64
Less Cash in Sink
ing Fund same
Date ---.----- 2,414.72
Net Indebtedness
June 80, 1891 32,41S.92 |
Decrease during
1930-1931 Fis-
cal year .-.---------------------..$ 6,24O.23
Outstanding War
rants and Bonds
! May %, 1932---$32,697
Less Cash in
Sinking Fund 701.26
Net Indebtedness
May %, 1932---------------------$31, 995.S7
Decrease in Cen.
eral Indebted
ness from June
80, 1880 to May
23,1932 -------------- O,oo5.1o
Special Improvement District
Indebtedness, April 80 1882
Especial Improve
me n t District
No Is, Bonds
Outstanding oVV'VV
J sewer Fund Investments
April 90. 1881
; To Funds Invest
ed since last ex-
animation, and
Balance in fund 10000
Accounted for as Follows
Plentywood Spec
ia1 Improve
ment Dis No.
Is Bonds -------- 6OO.OU
Official Bonds
City Treasurer MIR. II. o. StenenJe"
Bond with Amer
lean Surety
Company, con- IN
tinuouS o'VVV'VV
Bond not approved.
3 City Clerk, Mr. Clarence d. Aopansol
! Bond with Amer
n lean Surety - =
70 Company A,VVV'V
Expires May 4, 1888.
- chief of Police, Water Supertnten
o dent and Collector, Mr. Robert ROD
= q Bond with Amer
n lean Surety oo q
nj Company, ---------- A'VV"'N
Expires May 1, 1888.
" Examiners Notes
In the Treasurers cash items ar
warrants against Sheridan county
:. and various School Districts amount
20 ing to $S55.21. These were take
:" in as cash on water bills, etc. ines
- warrants are not caShable an
-, should not have been taken by IN
a Water Collector or Treasurer, as 20
-. funds of the City are at very 10
~ ehh and the City will need cash
IN carry on it's affairs. In the cas-
- items there is a check of $Sf.5
h. drawn by H. S. Krebsback date
20 July z, 1881. This check should !
ce. collected Immediately as 1T is M
no an acceptable cash item.
At the time of the creation
tic Special Improvement District No.
. all of the bonds amounting TO Sol
were purchased by the City froI
moneys belonging to the Sewer run
The city Council and Officials a
prohibited by law from inyestin
any of the City's money IN a,
. Chapter "a of the 1929 Sesslo
tII,avs provides that the City Cou
Gil must create a Special 1mprov
ment District Resolving Fund I
any special Improvement district CT
ated after the passage OF salo cna
ter to insure the payment OF pon
ID and interest of said special 1mproN
ment districts as they become az
- This fund may be created by spt
~ ial levy or by making transfe
from the General Fund Of the CT
n This would apply to District NO.
- which was created In 1881.
~ The City Of Plentywood Will Co
under the provisions of the g
Budget Law which was passed
the 1881 Legislature. This Law
comes operative July i, 1882:
- order to comply with the provislc
of this law 1t VIII De necessary
install a complete accounting $,
tenn in the city Clerks office.
records Of the City have been W
far from complete in the past. For
both for the accounting system :
the budget act, have been PROVO
and samples were in the hands
D the City Clerk at the time or I
examination.
we note that the City has or
. few occasions paid exchange
checks. This practice should De
IN continued, as there is no legal '
such payments may be made
The funds OF the City are
Iow due to the small levy made
tle the year 1881. IL viii be necess
to increase the levy considera
this year to take care OF the 81
- ing Fund requirements and OF
expenses. The City has been opea
. ing on a nearly cash basis ror.
N past two wears; to continue to X
~ on a cash basis and to save mo
levies should be maintained 10 n
requirements.
1882 Examination fees not PAL
rs Respectfully submitte
G.. M. ROBERTS,
state Exami
Per r. N Hawk
Oh Assistant state Exami
b. A. Risle
Deputy state Exami