Show SHY SUy AND NOTHING TO PAY Sad Financial Statement for First Year of American Administration DEFICIT IN GENERAL FUND WHAT FIGURES SHOW AS GIVEN BY AUDITOR ALFF JM I 4 MM f M t t M 4 II Ge t S 4 4 H 44 Overdraft on contingent fund 4 i iDec Dec 31 l 1300 1906 Receipts since that 4 4 Probable further receipts 4 f 4 Deficit 44 ft t H t f us s I This tells the story stor of the contingent nt fund Cund for general expenses during the first year of the American party adminis administration adminiStratIon in Salt Lake City This amount of warrants is outstanding for fr which there is no provision for payment The plain figures of the tha first annual statement ventured by b the present admin administration administration shows on on Its face an overdraft of against the general contingent fund with an anun uncollected balance to off offset of offset set it amounting to To be perfectly fair it must be stated that since Dec 31 there has been paid into the city treasury on account of 0 the con contingent contingent contingent fund approximately and that it is estimated that further collections collections to the amount of OGO will probably probably ably be made leaving a balance of out outstanding outstanding outstanding standing warrants for which the city has no available funds of approximately 2000 To be still further fair Cair It must be stated that there was a balance to tile trie credit of the contingent fund Dec 31 11 l BOG 1905 when the present administration took charge or 9 left by Mayor Morris admin administration adminIstration administration showing an excess of expendi expenditures expenditures tures tirres over oer receipts in this fund of more than The statement still further shows an ano overdraft o in the water supply fund of as all against a similar overdraft of at the end of the Morris ad administration admInistration administration ministration and an overdraft of l in the waterworks fund as liS against a bal balance balance balance ance of f at the close of Mayor Morris term terra These matters however will balance themselves In the final state statement statement ment The important feature Is the ad admission admission admission mission of an deficit In ln the general contingent fund Here are the Uie figures as given out In the long expected financial statement by City Auditor Alff Allf which has been forthcoming since the first of the year 1 |