Show city finances when an individual disburses more than his income he ia clearly running in debt everybody knows that when a city disburses more than its receipts then it is running in debt the annual financial statement of a city is the highest authority for taxpayers it is alio balance sheet of municipal affairs and ia issued every year sworn to by the recorder and finance committee the first statement issued by Ec corder havercamp was on nov and shows the receipts und disbursements of the city from nov it shows total rr total disbursements 36 wa ranta in circulation 0 ih on hand the next statement state mant was one year later on nov 12 1893 it shows total receipt total disbursements warrants in circulation ha id that wag the last statement of the democratic administration alny ane who knows addition and can figure out the democrats paid out more money than they had rev cune consequently tha city must have been running in debt during their two years administration the first annual financial statement under republican rule was issued bov and is sworn to by the present committee on finance and alie recorder john D dixon it shows total receipt total 72 warrants in the republicans it will be seen abent leas than their receipts consequently the city was not running behind many citizens have laid asid their papers wherein these annual financial statements are published they can verify our figures at home if they have the published statements those who have not tha statements at hand can verify our figures at the re cordera office The sworn statements show administration the republican or democratic has practiced en onomy |