HomeMy WebLinkAboutC.P. American 01/20/1944
C. P. American ~/,
,,:
Lfaewherg. i$ a oot%tplote Pinunciai`
etatetYtenkl,p.f,th~,«, ity oP Centrai.POint'
for tho 1,{orfod Pt m January 1„ IrJd3.
.
to Docontbor 3I, ; 94~ ~'he. statement
shows that the ty.,.ls 1n`P'tiirly p;ond_
finanoiai oonditlgn and that the
bonded debt hae been reduced to
bta,6ti0, including $7,600 still to be,
paid on th® $lii,000 bond' ~sstle .to •p:L\'
Por the n~v nt91• maln4•a_Petv_-yefbig'
ago• It als f3hoty$%thAt the cost tip
to dote of now• well and pump !s
§d,oU1.72, atl patfd Por.
!-~ 3~ ~ .
I~loever the .report dues not sho~.+•
any oxpondituro Per street mainten-
uuco with cite exoeption of an item of
8123.10 for "extra work of atroets
and drains." Nor is there any dndica-
tlon that tfta city has received any-
thtng•-tor sale +iP .granltA du:•tng the
year, although many loads have been
hauled from the city's qucu•ry during
the; past summer. LVe suppose this is
an oversight or !t may he that no
gottlement ltae been made for th!v
Item. 7`hen there is another thine
whlclt must be' remctnthored. Undt~t
tho new law, tho tleeal year of all
cit[os in Orogoti la from Juty 1 M'
ono year to June 30 oP the followln;;
yent•, wttlle the report we are print-
Ing Is Yor a calortdar year, so !t r~p~^..-
sents the time for the last half of one
Plscui yoar and LY-a first hulP oP an
ether.. Therefore the balanoo of cash
on hand is a mid-yoar balance oniy
and maY. Ue ~raatly incrflased by Tatar
receipts from tax •ntoney, city's share
of gas tax money, and the liko.
~A +P '~U