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Show Financial Report Shows Improvement Improve-ment Over 1934 The annual financial report of American Fork City as published in this paper, shows a marked improvement improve-ment over the same report for a year ago. Receipts show a total of $41,670.82 as against $45,572.90 a year ago but instead of floating debts of $4,700 for 1934 only $3,000 was borrowed the past year. However, water rate collections col-lections were down $1,600.00 below 1934 and fines were about 60 per cent of those collected in ,1934. Disbursements, outside of loans repaid, were very close to the year previous. In the indebtedness column water bonds were reduced by $3,000 and notes payable shows a decrease of $4,200.00 from the year previous. The complete report Is found on page five. o |