Show r OEN WATERWORKS LOST MONEY LIONEY MST FIRST S X MONTHS Tilliam Glasmann a OS s Over the City Waterworks Acc Accounts and Finds the Expenditures Were While the Receipts Were Vere Only Or a Loss of Over Instead of a 3 Profit of Presentation of the Waterworks Account by City Government I Intended to Mislead the People I Editor Standard I notice In the Ogden and Salt SaiL lako papers that the tho thoI waterworks committee of the City Council a report of the tIn I condition for the first six months of the LIme management of the Og I den waterworks by the thc City of Ogden and that the councilmen on receipt of that report last Monday fonday night indulged I ed cd in a lot lol or Of talk talle boosting the man of tIme the and amid In stating that the tho only person pemon who would complain of oC the report was William Glasmann was as I thus singled out as the tho person in Ogden City who might find fault with the tho report Vas ras it that those persons who made the statements thought that I would he the only person in Ogden n who would read the lite report I have gone over the figures and I find the report to lo he be so arranged as asto asto to be somewhat misleading and in view o of the tho fact that I was sas specially selected ns as the person nerson to ulo do the kick kicking kicking ing for lIme Jle I certainly shall avail myself of the opportunity The o of the waterworks corn com millee is In three parts the first part partIs Is called the GENERAL SHEET SIX MONTHS E ENDING Tuno 1909 and shows GOiG WIS va and that the same was ox ex excepting which s reported as cash on hand The second report lx called STATE STATEMENT MENT QI OP GROSS EARNINGS AND OPERATING EXPENSES FOR TIIE SAME SIX MONTHS This report shows that the waterworks made net profits of and shows a din of 1138 SG 86 as compared with the tho first report The third report is 15 STATE rT OF RECEIPTS AND DIS BURS I FOR SIX MONTHS ENDING fune 1 In Inand and gives tIme total receipts as and shows the some cash bal once on hand 1 of as shown hown In the second report I notice the committee calls the hue 21 1 net earnings hut not nol profits and In going over oer the net earnings and the net operating expenses I find the committee has included In Its ro re pOIl lOit for net Dot receipts or earnings 2 O as water rentals Is due dime from Og Ogdon don City That Is not n a receipt at all Why this it item m is put In as a net earn earnIng lag Ing J I cannot understand The ot oil Ogden lost the taxes which the hl water vater company compan paid to Ogden City and we wre told toil that time the water about oven oen imp the rental for the hydrants But I see no credit fol taxes th city lost In buying the I also notice the small item of ng as a NET EARNING of the thue waterworks company compan I and It Is from Consumers ers No explanation Is made as to whether r this of money moner was co or not nolo it il certainly should lot muot be entered up imp as a receipt or earning until It is 15 received What the public wants is a straightforward st statement I of the actual cash esh received from all I sources by the water ator department and a statement of the actual exp I tures eliminating the purchase price I arid and bond Issue Therefore from the tho I Issued by the waterworks there thore should he be deducted from the sum lIed earnings the Items that Ogden City is supposed to i owe For hydrants Second due rlue on book accounts Third hue from Ogden street I department 1 I Total debts not a cash re rc receipt or earning Deduct this slim simm from the 3 11 alleged earnings leaves the actual cash received recell d hy l the Ogden water waterworks I works for the six ix months ending June I 1909 32 I In looking the expenditures i called by the committee op mUng ex cx I I penso I find that they ther do not include I nil all the money mone the city has expended I Ifor for waterworks purposes and In O or I del to be fall fair to the tho ell administration tion the report of alleged receipts or earnings and amid operating expenses as aswell aswell I well as the report Is reproduced In anomer column It will ho bo I seen lh that the earnings are arc gIven as and amid the operating expenses ns as See the official report I In another column Said report on its face shows a I profit Of f That sounds good but buit where Is the money The othol reports of the W show I time the following additional expenses Interest on Uon bonds 3 froni Crom Jan 1st to l th 1901 33 3 Interest on borrowed Extension and improvements of wa I 1 89 Cost of meters I furniture and amid lix tUles I the Gill land second time First t payment on 11 of resor reser oh yet to be paid I Total expenditures not charged b by the city ad administration ministration to water waterworks waterworks works expenses Add to this the operating ex cx lences as shown In time the above allOn report o of tIme tho water waler I I I I I I i i I works committee or of the Cit City Council as follows This shows the total ex cx expense pense for six months 1 jJ Subtract actual cash rc of This leaves leae a loss to tiui for forthe the first filst six of This shows that time the eit city water do de department actuallY paid out over oer 10 more mono nione than it received for water rentals Where lid did this 10 come from An Inspection of the oilier reports show that the special tax levied last fall produced more I mone money than limn was needed to lo hu hay the waterworks as tIme tho followIng figures will sho show Sold city bonds for G GNet Net special tax to bu buy wat waterworks Total cash from bonds and tax Price paid to old water corn com compan pan pany for waterworks 00 Surplus money mones collected from s ThIs shows that the city department had almost 10 In cash on hand after paying This shows hunt the tho city more malO Ulan than thanas was as required to buy huy the he I ThIs slim of money mone was used to pay the shortage of th the account as above stated and If the Interest check chck of ma ns as operating ox ex pail paid was paid before 1st HIO 1909 It would show how a small overdraft nt at time tho waterworks department bank account Hut But In one statement b by the tho commIttee it ii Is claimer claimed there ther is D 9 cash in the is If the interest check of wn paid before Tuly Tilly 1st stated ii h th Elm l In its or of OperatIng Expenses I now offer to treat the whole water committee Ma ol amid ami City Council to lo a lunch at the Club Climb I ii there thee vas n a dollar In the hank to lo th the department oil Jimmie fulle l O with this that the tho first six months int interest on time the bonds had been paid before July 1st Is s represented In iii the corn com report of Operating Ex Expenses This Is not much of a treat limit hut If I am wron the commIttee will have hae to Lo show mo inc their s system stem of jug I bUng with figures That Is worth a g gAs As alove ahoe stated the city adminis ration made three reports One shows a profit and time the second roo re report port shows only h In the tho hank and the third report compared with th the other two shows an aim overdraft nt at atthe the hank bank These reports I f confess are aro and Ingeniously drawn I II You can pro prove both hoth a loss and mcl a profit profil I You can 1012 Interest was wasand wasand and was not paid In all my exper I lence In public life ife I have hao seen seenI t I such a deliberate effort made to mis misI I represent actual conditions I have hae I Hair nothing of the big hig cost of oC opal expenses Think of It Il ii cost including to simp simpI I ly operate the for fori six months or 01 over oer per year ear und and thIs hoes doe not Include any exten or 01 permanent Improvements or oreen even een office fixtures I cannot understand why the omco of time the s Is not lIol a proper charge against the sat wat s Why should the people he be taxed extra to pay that Why should time tho water meters not lue charged to the he waterworks should the reservoir expenses be paid from froman an any other othor fund than han the I Ii Why Timy should the and andI Improvements of he I Ito to but expenses of oC maintain maintainIng I Ing the waterworks J I ask the waterworks committee to I explain how much mone money there was in the fund on June une ao 80 aol I l 1909 Ol If time the Interest on the tho bonds was iVa paid on or before that da daI day dayI I am anxious to treat treal the City water committee Mayor and City to a nice lunch at the Weber Club Climb If I am wrong In the fore foregoing going statements and I a ask k in if J I Ve properly analyzed ed I the three reports of the water waler corn com committee am I This paper offers free space for time city to reply to La this Why did the Democratic city admin administration think that I would complain about Its report DId thc they for a mo moment ment think tho they could bamboozle the whole people into InLo believing that they had a proFit proUt of 1000 they ther ran behind oel That water re report report port was Intended to be a Democratic campaign document The whole lot hot lotof of them thought tho would sneak neak hack Into office on th the misleading reo no port Signed WLM 11 |