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Show AUDIT SHOWS CITYIN BLACK Although disbursements by the city of Bingham were $2416.-84 $2416.-84 above the total revenue during dur-ing 1949, the city still was in the black according to the audit report re-port released Tuesday by Eugene Morris, city recorder. Cash on hand at the beginning of 1949 was the reason. With the $2416 taken out of this balance the city still had $34,135 on hand on Dec. 31, 1949, the report show ed. In addition the city paid off all its indebtedness during the year, Mr. Morris said. The city received a total of $67,102.28 during the year and expended $69,519.12. Receipts were: Property taxes, $34,739.95; water, $7932; licenses, $7369.25; state auto registration, $5389.88; state liquor fund, $5,-150; $5,-150; fines and forfeitures, $4756.-59, $4756.-59, and other receipts $1764.61. Expenditures were: General, $17,476.13; water, $8161.89; public pub-lic safety, $23,656.90; streets and sidewalks, $11,474.47; road fund, $5693.48, and bond interest and sinking fund, $3056.25. The audit was made by Wood, Child, Mann and Smith, Salt Lake City. |