Salt Lake Herald | 1906-10-09 | Page 10 | Big Deficits of "Americans"

BIG DEFICITS DEFICIT OF AMERICANS City Auditor Af Makes Startling Startling ing Statement to City Council I IGENER GENERAL GENER L FUND OVERDRAFT NEARLY SHORT IN GEN GENERAL GENERAL GENERAL ERAL EXPENSES I The American administration has an overdraft of In the gen eral fund for tor or the first nine months of or 1006 ending Sept 30 The report r port of or City Auditor Rudolph AUf Alff was submitted s last night to the tho council and showed the fi nances of the city to be In desperate straits It shows deficits In the general fund and the special funds The rhe dis In all the funds amount to while the total receipts for the nine months amount to 05 or a little J e less than half the amount ex r In the contingent 0 fc fund fun J there is a deficit of At the beginning of the year the contingent fund showed a bal ance of The deficit in the streets fund Js Is 55 3 83 L J It Jt showed a balance of on Jan 1 1906 The Tiie water supply fund und has a deficit of The to tal tat balance in the waterworks sewer and library funds together is only The total disbursement in the general iund for tor 0 the Past nin nine months amounts to t 8 while the receipts for the same period per od amount to There are three deficits in the special funds The street paving extension fund Is overdrawn and the water wate main extension fund has a deficit of The curbing and guttering fund is over drawn making a total deficit of 11 36 in the special funds The total disbursements In the special fund amount to and the receipts raised from the sale of bonds amount to Carrying over a a grand total of from last years report the Amen Ameri American can party has a total balance In all funds of or