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Show Annual City Report Shows Over $12,000 of Uncollected Water And Cemetery Bills City water rates and cemetery bills still "out on the books" mounted to an even higher figure at the end of 1938 than at the end of the previous S'ear, it is revealed in a city financial report released by City Recorder Karl H. Bennett. The report shows water accounts totaling $9,074.43, nearly twice the amount outstanding at the end of 1937 $4698.65. Cemetery accounts receivable also were higher than at the end of 1937, by approximately $500. Total outstanding at the end of 1938 was $3,553.80, compared to $3,101.05 at the end of the previous year. The financial report shows a reserve re-serve for doubtful water accounts of $1,814.88, leaving $7,259.55 which are regarded, as collectible. The reserve for doubtful cemetery accounts is $1,184.60, leaving "good" accounts of I $2,369.20. I Water rates and cemetery accounts j have been the topic of discussion at numerous city council meetings, but the delinquent list has increased over last year, by several thousand dollars. A total of $48,170.23 in cash was available for operation of the city government during 1938, and $39,-922.42 $39,-922.42 was actually used, according to the report. Cash on hand, January 1, 1938, was $3,038.79, and receipts during the year were $45,131.44, according to the report. A better cash balance was shown at the end of the vear. with $8,247.81 in the treasury. Major sources of revenue were Utah county taxes, $15,772.28; water rates, $9,680.10; Utah county tax sales and redemptions, $5,745.96; and loans, $7,100. Largest items of disbursement dis-bursement were for payment of bonds and interest, $10,432.54; salaries sala-ries of appointive officers, $4,585; WPA central park project, $3,488.56; electric lights, $3,420.02; and payment pay-ment of borrowed money, $3500. At the end of 1938, total bonds outstanding were $141,000, including $133,000 of the issue of water bonds of April 15, 1930; and $8,000 of the waterworks improvement revenue bonds of April 15, 1936. Capital assets of $274,499.17, consisting con-sisting of the $200,000 waterworks system and city buildings and properties, prop-erties, are shown; current assets total to-tal $42,528.67, and miscellaneous assets, as-sets, $4,514.33, making total assets of $321,542.17. Liabilities total $165,-151.08, $165,-151.08, leaving capital surplus of $133,499.17 and current surplus of $22,891.92. |