Show City Can Be Upon Cash Basis in 39 White Estimates S I With the city adhering to its present budget of 0 and maintaining the existing 0 tax rate it should be on a cash I basis by 1939 City Treasurer J. J Parley White estimated on onI I Thursday I I Revenue would increase normally normally nor nor- mally each year cat through expansion ex cx- I of the city Mr White White- 4 1 I said and if the city holds g I in reserve each year in ad addition addition ad- ad adI I to interest on tax anticipation antici anUci- I I pation notes the necessity of I borrowing money can be bc eliminated I I in seven years I The city now issues approximately I match in tax anticipation anticipation antici antici- p pation notes annually I |