Salt Lake Telegram | 1930-12-12 | Page 8 | A Shameful Record

A t jw- jw IL A Sh Shameful efu l J Record Rd t jt e 3 S ten years years' To the he t taxpayers of f Salt Satt JEM Lake ak have haye ave lost t J ug s sum ni of oo oto by bl annually nn ally renewing the costly method issuing tax 1 anticipation tr n notes nots f fis the city ity ha losta a gr great deal more mpr t ap th tha t since tn during all that time the ta tax tax- i. i ers money on y should ba have ve b been drawing i in in- in t terest-on terest average daily dally b balances r i T Telegram of TJ Thursday ur d y taking the he figures f from om the record of the city auditor p published t the e annual losses josses for t the te e pur purse purpose i ib b w pg the tile business u insanity of the pres present nt s I S g e after y year year- ar J the c city com commission meets and year at ar after year yer it arra arranges g to borr borrow w money to keep the wheels of the Ule city goVernment nt turning until t the new tax money o comes 10 in S S year year tile tIie city ity commission will au authorize author author- 5 hor- hor j ize t ie t tax X x anticipation ti ipati n notes for about 2000 0 T Tl This ls shows shows' that the city of Salt Lake S during the the- accumulation a lati n of this this' arno amount nt has bas hasli li ed t beyond its its its' m me means ans Next year yar the Hie the city city commission will wiIl arrange to b borro bor- bor r- r ro rg roty even eyen m more more- re and pay an an- even greater amount in interest 2 Th The city has beyond S its its means means to th extent of or more because nb not one city official ial in high power in the last t ten years has done anything do-anything anything pr practical fo to put atop to it Each Each- year public officials automatically auto auto- in promise business and economy p public service with no idea of how to accomplish either r. r or no genuine desire to d do so v The huge loss of oJ three quarters th of a million million mil mU- lion dollars in in m ten fen years years- is a shameful blot on nt ni municipal system a disgrace to the thedy dy itY and a 1 f challenge tenge to men entrusted wi with h responsibility S Wonder W er what May Mayor r John JohnJ R Bowman and hi associates on the city commis commission ion think l it I S