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In Withess Whereof, I have hereunto set my hand and affixed the Seal of the City
<br />of South Bend, -. State of Indiana, this 17th day of February, A.' 'D. 1932.
<br />Glad s M. Monroe
<br />City Clerk,
<br />(Off icial - Seal)
<br />On Motion of Councilman Whiteman the Notice and tie Report of the Publication was accepted
<br />and ordered to be placed on file. Motion carried:'
<br />REPORT OF CITY CONTROLLER FOR THE YEAR Z 19310
<br />Controller's Report
<br />To the Mayor, and the - Common Council of the
<br />City of South Bend, Ind.
<br />Gentlemen: —
<br />In compliance with the provisions of an Act concerning
<br />Munincipal Corporations, . approved March 6, 1905, I here -
<br />with submit my report of the financial transactions of the
<br />City for the year ending December 31, 1931
<br />In the pages following you will find complete tabulated
<br />statements and statistics, showing all receipts and disburse-
<br />ments for the year, the detailed expenditures of the various
<br />departments, the conditions of all funds, the balances in
<br />the hands of the Treasurer and total assets and liabilities of
<br />the City at the end of the fiscal year.
<br />There are also included comparative statements of re-
<br />ceipts and disbursements for the past eight years and the 1
<br />budget for the year 1932 showing appropriations in effect
<br />for the various departments.
<br />The bonding transactions of the year 19311 and the
<br />bonded debt of the City are as follows:
<br />General Purpose Bonds outstanding
<br />Jan. 1, 1932 ---- ---- -- ---- ---------- - - - - -- $1,760,000.00
<br />Water Works Bonds outstanding
<br />Jan. 1, 1932 - -- ----- --- --- -------- - --- -- -- -- 890,000.00
<br />Total Bonded Debt Jan. 1, 1932 $2,650,000.00
<br />Cash in Sinking Fd. Jan. 1, 1932 $ 26,638.46
<br />Cash in Water Works Sinking
<br />Fund Jan. 1, 1932__ _______ ___________ 34,307.77
<br />$ 60,946.23
<br />Net Debt Jan. 1, 1932 ---------------- $2,589,053.77
<br />+ See * Page 4.
<br />The value of. taxable property within the City as re-
<br />__ turned by the Board of Equalization_ , and shown by the
<br />Auditor's report of ,January 1, 1932, is j$206,252,760.00
<br />from which are deducted mortgage exemptions to the amount
<br />of x$6,927,250.00, leaving the net valuation of taxable prop -
<br />erty x$199,325,560.00.
<br />*$6,557.50 is on deposit in Chase National Bank, New
<br />York, to redeem. General Purpose and Water Works Cou-
<br />pons on Bonds.
<br />For the year 1932 the Common Council has made the
<br />following tax levy on each one hundred dollar valuation :' i
<br />For General Fund -- - - - - - -- _---- -- ------ _--- ------ - - ---$ .58
<br />ForPark Fund -------------------------------- -------- -- - - - - -- .0667
<br />For Track Elevation Fund __________ ___ ________-- ______ .005
<br />For Police Pension Fund ______ __ __ _ ___
<br />.013
<br />For Fireman's Pension Fund ____ ______ ________________ .005
<br />For Sinking Fund ------------------- ---- ----- ------- --- - - - - -- .0298
<br />For City Plan Commission Fund -------------------- .003
<br />For Hospital Fund ----------- -- --- -------- --- ---- --- -- --- --- .03
<br />For Municipal Airport Fund _____ __ _____ __ _____ _ ___ ___ .0075
<br />$ .74
<br />The poll tax was fixed at 50 cents on each male between
<br />21 and 50 years of age.
<br />1
<br />Respectfully submitted,
<br />I
<br />GEO. A. KNOBLOCK,
<br />_ City Controller.
<br />On Motion of Councilman Hull the report was accepted and ordered to be placed on file.'
<br />Motion carried.
<br />REPORT OF COMMITTEE ON MINUTES.
<br />To the Common Council of the City of South Bend:
<br />Your Committee on the insapection and supervision of the minutes, would respectfully Xqt
<br />report that they have inspected the minutes of the previous meeting of the Council and found
<br />them correct:' They therefore recommend that the same xtbe approved: I" W. Gripe, Joseph
<br />S.' Jaworski, Julius Altfeld, Committee. South Bend, Ind.' Jan. 25th, 1932.' The report was
<br />accepted by the Council and ordered to be placed on file. Motion carried.
<br />REPORT OF COMMITTEE OF THE WHOLE.
<br />Tothe Common Council of the City of South Bend;
<br />Your Committee of the Whole to whom was referred An Ordinance Regulating } the operation
<br />of Taxicabs Respectfully report that they have'examined the matter, and that in their opinion
<br />the said Ordinance should be reported Unfavorable . John C. Hiss, Chairman. The report was
<br />accepted by the Council and ordered to be placed on -file. Motion carried.
<br />ORDINANCE N0.
<br />An Ordinance Regulating the operation of Taxicabs.
<br />The Ordinance was given its third reading by title, and was placed upon its passage and
<br />was Lost by the following vote: KelsonT4 Whiteman, Rokop, Goetz, Hull, Jaworski, Altfeld, Hisq
<br />Oakley, Grzeskowiak, Gripe and Gustin, Ayes 0, Nays 12.' Ordinance -Lost (See page 132 }.
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