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Show - - - - - I Coiinty County Debt DebtTo DebtTo DebtT To be Paid PaidBefore PaidBefore PaidBefore Before 1941 1941Bond I IBond Bond Debt B&l&nce Blnce Balance & & of $28,000 28000 $ , WUl Will bePaid be bePaid Paid Off , , Levy ReducedWith Reduced ReducedWith I IPaid With Wit.h . $14 14 $145447 145447 $145449'7 1454497 $ 544 97 ' * In . the t.he 'I.nking I.nking Inking 4nking 4nkingfund 'I.nkingfWld $ ' . afuiklnifund fWld fund to apply on the th < > county bond bonded bondad bonded I 'I.nkingI ed ad debt balance of $28 28 > $ 2 000 pllUUl plans pllUUlhave planshave planshav have been made to payoff pay off the theIbondS thebonds thebond-s thebond s bonds - with Ith funds fW1ds to come In dur durIng during durln Ing ( the present year and start 1941 1941w1th 1941Whit l 4lwith IbondS w1th Whit a clean slate according to toan toan toan an announcement arulowlcement annowicement by bl ) County Clerk ClerkF ClerkF F L L > Noel Durlne During the past Pll5t decade decadeIh decadethe decadethe Ih the bond timid debt lias has been reduced reducedfrom reducedfrom reducedfrom from approximately $100 100 $100000 100000 $ 000 In In1935 1935 the tht ' coun county ty was a.s as . . Issuint is.suing issuing red redwarrants redwarrants .arrants arrants warrants . and the these e accumQlated accumulated accumulatedto accumQlatedto to $27 27 $ 000 The bonded indebted indebtedIne indebteduess Indebtedness Ine uess for that I ) year ear stood at $84 84 $84000 84000 $84000Levies $ 4000 4000Levies 000 000I 000Levie Levies Levie < ; from two to five m muls mills l'l ll ' inpa in inMt I Ilia inIlia pa Mt l t years liave have been necessary nece.sary necesary ' . to ton ton ton n ake akt " pa payments } ments on the he debt It . Is IsI Isposlble Ispassible Ispossible poslble passible . . , to completely eliminate the thebond thebond thebond I bond and sinklni sUlking sinking and debt service serviceII ervlce1 1 \ vies sies les In the county after this year year'iald yearsaid yearsaid II 'iald iald said ' Mr Noel The bond debt ba.l bal hal . ba.llance halarise balance arise over a period of years haa has been beena'i beenas beenR.S beenRS lance a'i ai as . . ' follows folJows 1920 $140 140 $140000 140000 $ 000 1926 193S$13919411 193S13919411 1$13919481 113919481 $13919481 13919481 $ 1930 $8983378 8983378 $ f 337 1934 1 34 $69 69 $ $ 6915324 15324 153 24 1935 $84 84 $ $ M4080 000 090 1936 193 $34 34 $84 84 $ $ W000 1$69 169 000 1937 1 37 $70 70 (70000 70000 $70000 ( $ 000 1938 1 3 $56 56 $ $ 5 < 000 0001939 1939 $ $42000 42000 $ 1940 1 40 $28 28 $28000 28000 $28000Since $3 3 $ 000 000Since Since the first of the year there therehas therehas therelias 11939 has already been enough reven revenue revenuereceived revenuereceived ue uereceived received by the county to add over over$1 over1 $123940 123940 $1 1 $ 23940 23 40 to the sinklni sinking fund to toward toward ward . ard the payment of the debt al pal alance palante balance ance ante said sald Mr NoelWhile NoelWhile Noel NoelWhile While the county coWlty lias has been reduc reducIng reductrig reducIIIK Ing trig their bond obligation at the rate rateof rateof , ' of $14 14 $ 000 per p r year a large-scale large scale largescaleroad laire-scaleroad laire scaleroad & - . - road l&rgesca.lelroad program haa has been carried l&rge-sca.lel lrgesca.lel l&rge lrge sca.lel scalel on oni ont I t troad ' pw t\\ t ew \ road bulldlni buUding building machinery purha'ied purhased pur purhaaed haaed ha'ied haied hased . ' and various other improve improvements improvemenus Improvement ments menus * made mad throughout the improveI countyFor county countyFor countyFor I For the th present year plan pllUUl plans * have havebeen havebeen havbeen been made for road improve-mE"nt8 improve mE"nt8 mEnt8 improvements improvementstotaling Improvementstotallnr - " , totalln totaling $80 80 $10000 10000 $80000 80000 $ 000 with the aid a1d of ofWPA ofWPA I IWPA WPA labor Many of theae these project8 projects projectswere projectswere , were started before the t.he . end of the theI thepast thepast thepast I past yearhe yar year yarTlie I ITIle Tlie TIle he annual financial report of ofthe oftlie ! . the county Is found on pare page six aix lx oftills of oftlila thiB tills Lssue issue showing a he healthy Jthy con condltlon conditlon conlit ofI I dltlon ditlon ( ion of county affairs |