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Show City Officials Submit Comparative Report On Finances The following report was sub-mited sub-mited this veek by the Springville city officials to give the local taxpayers tax-payers a clear understanding of how their tax money has been spent. The report, taken from the audit just completed, is of the complete operation of the city for 1948, compared with the previous year. The report has been broken down, so that all parts of it should be understandable and the council invites questions on it, either by groups or individuals: Receipts for 1947 total $417.-347.33, $417.-347.33, less $150,000 bonds sold, less tax anticipation bonds, leaves a total of $267,347.33; while in 1948 receipts totaled $337,992.63. There were no bonds sold and this amount, less $25,000 tax anticipation anticipa-tion bonds, leaves a total of actual collections for the year 1948 of $312,992.63. Operative and administrative collections for 1948 were $45,-645.30 $45,-645.30 more than in 1947, partly due to the larger consumption of electricity in 1948. Disbursements were as follows, the 1947 figure listed first: Paid for electricity, $113,813.71, $141,-616.66; $141,-616.66; general fund, $8,606 75, $8.-488.94; $8.-488.94; waterworks and irrigation, $30,049.37, $31,932.89; public health and safety, $20,875.41, $39,544.69; streets and walks, $19,844.36. $35,-028.03; $35,-028.03; parks and public property, S18.076.18, $19,767.75; sewer fund, S9.143.15, $11,225.88; library fund. S3, 263.26, $3,967.05; airport fund, none, $3,210.58; special improvement, improve-ment, none. $1,302.80; public buildings build-ings and improvements, $0.28, $5.-320.00. $5.-320.00. Total disbursements for city obligations, $223,672.47, $301,-405 $301,-405 27. There was spent for general city obligations, including debts accrued, ac-crued, some capital investment, and increased wages, $77,732.80 more in 1948 than in 1947. This $77,732.80 was made up of: Extra electricity, $27,802.95; waterworks wa-terworks equipment and new lines. $9,707.28; library equipment and improvement, and increase in sal aries, $1,416.36; increase in salar-( ies air port (accumulated), $3.-210.58; $3.-210.58; special improvement, $1,-302.80; $1,-302.80; public buildings and memorials, mem-orials, $5,320.00; police uniforms, S382.45; garbage, S3660.74; ordinance ordin-ance revision, $400.00; sewer extension ex-tension (material), $2,011.54; land addition to cemetery, rights-of-way, 22 H shares water purchased, new dump, ground, etc., $6,030.00; miscellaneous, including patrol purchased in 1947, paid for in 1948, $16,488.10; increase in wages, pipe for street crossings, etc., making a total of $77,732.80. A total of $130,936 25 was spent on the Bartholomew project. This project was set up on a WPA basis, consequently to finish it now and furnish all our own labor, it costs nearly three times what the estimate at that time called for. Capital investment was: Streets and walks, $13,159.73; parjts and public property, $5,223.00; sewer, $2,011.54; library. $S84.26; garbage, gar-bage, $3,660.74; Fire Department, $1,438.00; police department, uni forms, $382.45; electric installations. installa-tions. $52,996.93; Bartholomew project, $130,936.25; waterworks equipment and material, $8,589.02; water lines extension (material), $1,118.86; miscellaneous, $1,374.12; total capital investment, without labor, $221,874.90. (If the labor were added to this, the actual capital investment would amount to near $250,000.00). Summing up we have: Actual city maintenance and administration. administra-tion. $223,672 47, in 1947; $212,-874.90 $212,-874.90 in 1948. Capital investment, labor not included: in-cluded: $51,225.72, in 1947; $221,-492.19 $221,-492.19 in 1948. Total expenditures of $274,898.19 in 1947; $434,367.81 in 1948. The B and C road fund can be spent only on roads, so that has been set up in a separate bank account ac-count in the amount of $10,277.33; likewise 'the cemetery perpetual care fund was set aside, to be let out at interest, in the amount of i $28,197.40. |