Show FALSE ASSETS CARRIED ON BOOKS OF CITY MAY BE WIPED OUT Auditor to Recommend Au Authority Authority Authority Au- Au to Cancel Accounts I To relieve the city's records of a n lot lotof lotof of ot old and worthless accounts Recounts that have o been carried as assets tho city auditor I 1 W. W II Shearman Is preparing a a. list of ot j I old accounts and will send a I recommendation to the commission that ho be given authority to cancel them In Inthe inthe inthe the records I The accounts thus far worked out to total total total to- to tal and consist principally of water rents and old bills bills' receivable ble Action of ot the auditor In preparing these lists and recommending recommend recommend- ing that these accounts be bo stricken from Crom the tIme records Is la In accordance with recommendation of oC Special Auditor II H. H. H Green who called calle attention to tho the i fact that tho the eft city has for years ears been carrying an inflated statement of oC as assets assets ns- ns sets by holding on Its book as assets I all these accounts which cannot be col eel Tho Tim first amount specified b by tho the auditor to be bo canceled Is an Item o of representing uncollected water rates from 1903 to 1909 which the old council In 1909 authorized tho the auditor to cancel In In making tho tim cancellation cancellation can can- however o the amount was simply taken out of the revenue fund thus leaving the collector account open and amid creating a suspense account account- Th TIme The auditor suggests ts that the suspense account bo be debited and tho the collector account credited to remove tho the Item Hem from the records Many lany of ot these accounts accounts accounts ac ac- ac- ac counts are arc water ta tax assessments against vacant lots Further recommendation Is made that the following ln water rates bo be canceled as 1909 1900 89 11 1910 1911 12 makIn making mak mak- In lag ing a total of Under the heading of oC accounts re receivable rl re- the tho auditor recommends that an nn It item of or be bo canceled as This may bo be Increased h by Items hems totaling about 1000 more when tho city ity attorney reports upon some Bomo bills referred to him to look Into their col collection t tori In the lino line of ot capital account assets which are arc found to be worthless th the auditor recommends of itc Items totaling In addition to these matters tho the auditor auditor auditor audi audi- tor is now going oln through a a. long Ions list of or orold old warrants which were issued In years pone gone by us as refunds to property owners for tor overa on Im Ira- These warrants representing I seating a a. total of ot have lain Inthe in tho the archives of or tho time auditors auditor's office for tor forso forso torso so long most of them ar are yellow with ago and amid timeworn Tho The warrants warrants warrants war war- rants arc are several overal hundred In number and var vary In amounts from a n. few cents to more than In checking over the tho warrants with the city directory the tho auditor has discovered discovered discovered dis dis- covered tho location of numerous owners owners own own- ers ors and made mado personal delivery of the warrants to them However thero there aro are many on hand yet ct the owners of oC which the tho auditor has been unable to find |