| Show PRICE AND HELPER AUDITS 13 REPORT repair that every effot possible be made to bring the linking fund of price afo city up to the necessary ii is contained in in an audit report of tl ti 4 bet betounes of this municipal toll por rilon for the period between jan 1 1031 10 11 and 31 1025 19 2 13 a few lays eji ago at t the affire of john EL bolden state auditor the audit na vlas made by 0 1 nelm nelms ae re roun tant and was reported la in detail ay by iy abi alic N owl cw ady advocate 0 r 1 to or e er a I 1 w wali ecks ago attention it lit called to 1110 fact that obil there hould should haic base brn birs itt in th the iii flaking inking fund on an dc 1914 chete wai but wisa the vit auditor that all the loul bond lo ul agreements by ay iy him stated ale p eff leally th milts that tn nt be tiet t aside eath er r to Is the linking fund with th this hi year however tin fund WW be brought up marer to kot it 11 1 wils w mude made bv by th tile twilite aia aim that efort be fat lot forth ti allt for the that 10 40 lit r rp re of the adv t lu of crater water leivis the report decharo de claro clatta to water writer customers for meter ti lions during the file two year years ha ba iao not t been pid th the condition of price 1 as reflect reflected ea in th thi i audit ii is in decided contrast to helper ai A hown shown in an audit re port made by the same firm helper hi has retired bonds in a an amount well in advance of statutory ta requirement requirements qui quire rement ments but the records of the ran too nici are antedated anil and in need of improvement it ii Is shown the tilt attention of the helper author itle a 93 directed particularly to the budget law bawd by the last tate state log leg li lature which required the city to operate under a budget and the jilt JIL ft t that no fire insurance in aurance wa was being carried c coli the new city tall helper had hall a net worth of 2 76 on december 31 thi this figure representing the excess of all assets over all aal liabilities |
