The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1939-05-23
CITY SPENDS,
EARNS MORE
DURING YEAR
1889 Fiscal Year Audit Is
Submitted 10 Council
by J. {. Cooper
Continued from Page One)

in the past year, bond retirement
was impossible, Cooper concluded.
Recommendations
Noting that all records were found
in good condition, Cooper recon-
mended that deposits of City funds
should be made more frequently and
that an office fund of not more
han 5000 be established to take care
of small accounts.
ed at s772,695.47, including $751;
s98 80 cash on hand and in banks,
current assets of S16,70650, build
ings worth 37.203.72. equipment
s11 ,0o6.4O, land worth s81, 074.37, pre-
paid insurance of $85622 and $751;
94936 in permanent improvements.
Included in the cash in banks is
sl32,02266 for PWA construction.
One of the items in current assets
is $l3,530.27 in delinquent taxes.
Buildings were valued as follows
new school $60,77876; old school
s4725o; new dock $l6,92496; old
dock $500; city hall s10,750.
Permanent improvements include:
general $685. 49.80; completed by
PWA. s75,3l6.39; PWA under con-
struction, $3,97734, and 1888 i'm
provements worth s23,605 83.
Half Million to the Coed
Biggest item in liabilities is $780,
600 bonded Indebtedness, which in
cludes 100000 in school bonds. S44,-
900 in sewer bonds, $4,000 in old
issue PWA bonds and $4,000 in
new issue PWA bonds. With bond
interest of $4,000 and other current
liabilities. the total liabilities come
to only S3o6, 44018, which compared
with assets, leaves Juneau $685.
255.29 in the black.
City revenues during the year
totalled s132,766.78, including s98.-
1896 in taxes, s1,630 in fines and
forfeitures and s25,842.45 in licens-
es. License receipts during the fis-
cal year we're s4.925 from liquor,
s15,846.05 mercantile, s3,53050 auto,
1898 drivers. $50 dogs, s9790 mis-
cellaneous, $3.50 permits and $40
card tables.
Refunds of s8,799 Al, school fund
$4,000 municipal wharf $4,000,
borrowed from banks $4,000. and
territorial collections of auto licens-
es to the amount of S9,324 and
school taxes of s7,9725O. when add
ed to the regular city revenues,
brought total cash receipts during
the fiscal year to s243, 662.G9.
Disbursement
Disbursements totanea s247,367.-
SO, including sl40.448.07 for City
government and items for perman-
ent Improvements, PWA advances.
WPA work, equipment, etc.
People are becoming more care
less about returning library books
on time, are buying fewer graves
and building more homes, accord
ing to the comparative incomes of
the City for the past two fiscal
years. Library fees in 1899 were
s435.55 as compared to s352.45 in
the previous year; cemetery income
was 1881 as compared to $1.132.50
and building permit fees paid 5000
in the year just ended as COM
pared to only 1923 in 1888
License collections showed a Sc
we're drop, from 5,986 SO in 1888
to s24,88245 in 1899, the biggest
loss being in liquor licenses down
from $l9,98181 to s4,925.
Wharf Prospers
The municipal wharf reported a
net profit of s2,365.88 last year as
compared to sl,106.34 in the year
previous. Income was SIS, 401 ga and
expenditures sl1,477.26 in 1889, while
comparative 1898 figures were $l4,-
1886 and $11,450.53.
Still owed the City are delinquent
taxes amounting to $l3,530.27 of
which almost half, $7l67.01, are
,or the year 1888. During the year
! S5,l60.51 in delinquent taxes were
collected. for years as follows: 1882,
So; 1888, $3.50; 1884, $3.50; 1885,
s22o.33; 1886. s888.85, and 1887,
| S4,0l5.33.