APPENDIX N.
City of St. John's.
Outstanding Loans as on 31st December, 1932.
Loans from the Government of Newfoundland:--
| | $ | $ |
At 3½ per cent. interest
At 4 " "
At 5½ " "
At 6½ " " |
........................
........................
........................
........................ |
140,000
1,045,280
11,129
452,495 |
1,648,904
|
Loan from Newfoundland Savings Bank
at 6 per cent. ............................................................ 1,600
Loan from Royal Bank of Canada (guaranteed
by Newfoundland Government) at 6 per cent. ......... 455,428
Loan from the Royal Bank of Canada at 6
per cent. ................................................................... 84,382
Loan from Syndicate Banks (guaranteed by
Newfoundland Government) at 6 per cent. ............. 89,000
Loan due 1947(subscriptions to date) at 6
per cent. ................................................................... 71,000
$2,350,314
The yearly interest on the above amounts to $118,818.
Estimated Revenue, St. John's Municipal Council,
for the year 1933.
City Tax, Stock, Ground Rent and Vacant
Lands Tax ............................................................... $340,239.70
Government Buildings ............................................. 5,000.00
Property Assessments (Special) ............................... 21,514.68
Customs Coal Duties ............................................... 65,000.00
Customs Water Rates .............................................. 5,000.00
Interest on Overdue Taxes ...................................... 1,500.00
Water by Special Arrangement ................................ 1,000.00
Water Supplied Vessels ............................................ 12,000.00
Water Supplied by Meter .......................................... 10,000.00
Crown Rents ............................................................. 3,000.00
Ground Rents ............................................................ 540.00
Property Rents .......................................................... 151.00
Bank Tax .................................................................. 10,000.00
Trust Companies' Annual Tax ................................ 750.00
Theatrical Tax ......................................................... 8,000.00
Fire Insurance Co.'s Licences ................................ 8,600.00
Fire Insurance Co.'s Premium's Tax ....................... 8,500.00
Life Insurance Co.'s Annual Tax .............................. 1,200.00
Marine Insurance Co.'s Licences ............................. 500.00
Accident Insurance Co.'s Licences .......................... 1,900.00
Automobile Insurance Co.'s Licences ...................... 300.00
Telegraph Co.'s Tax .................................................. 800.00
Cable Co.'s Tax ......................................................... 250.00
Telephone Co.'s Tax ................................................. 4,500.00
Street Railway Co.'s Tax .......................................... 2,200.00
Commercial Travellers' Tax .................................... 2,000.00
Billiard Table Tax ..................................................... 260.00
Bowling Alley Tax ..................................................... 100.00
Junk Dealers' Licence ............................................ 25.00
Poll Tax ..................................................................... 3,000.00
Motor Car and Cycle Tax, Driver's Licences
and Garage Licences ............................................. 14,000.00
Horse Taxes ............................................................. 1,600.00
Dog Licence Fees ..................................................... 1,000.00
Pound Fees ............................................................... 100.00
Auctioneer's Licence Fees ...................................... 300.00
Plumber's Licences, Master .................................... 120.00
Plumber's Licences, Journeyman ........................... 50.00
Smoke Testing ......................................................... 300.00
Taxi Drivers' Licences ............................................. 1,200.00
Sewer Permits .......................................................... 100.00
Removal of Ashes ...................................................... 800.00
Grazing Rent ............................................................. 150.00
Regatta Course Rents ............................................... 100.00
$537,650.38
Estimated Expenditure, St. John's Municipal Council,
for the year 1933.
Interest on Funded Debt ............................................ $76,735.48
Interest on Loans ....................................................... 27,500.00
Interest on Debentures ............................................. 30,000.00
Sinking Fund on Debentures .................................... 24,056.90
Contribution to Fire Department .............................. 14,000.00
Sanitary Department ................................................. 45,000.00
Roads and Bridges ...................................................... 70,000.00
Street Lighting ........................................................... 27,000.00
Water Works ............................................................... 25,000.00
Sewerage .................................................................... 13,000.00
Parks and Open Spaces ............................................. 12,000.00
Salaries: City Clerk's Department ............................ 16,500.00
Salaries: Engineer's Department .............................. 8,000.00
Appraisers .................................................................. 3,570.00
Collection of Coal Duties ........................................... 100.00
Auditor General ......................................................... 600.00
Office Maintenance ................................................... 6,000.00
Office Expenses .......................................................... 4,000.00
Engineer's Contingencies ......................................... 500.00
Stores Expenses ......................................................... 1,500.00
Collection of Tax Arrears ........................................... 2,000.00
City Solicitor .............................................................. 2,880.00
Town Planning Secretary .......................................... 600.00
Health Officers ........................................................... 1,380.00
Mayor and Councillors ............................................... 4,000.00
Pensioners ................................................................. 15,000.00
Labour Insurance ...................................................... 1,000.00
Community Nursing Service .................................... 1,000.00
Mobile Water Power ................................................... 100.00
Pound Services .......................................................... 1,200.00
Election Expenses ...................................................... 6,000.00
Motor Truck Loan Sinking Fund ............................... 2,428.00
Reserve for Discounts on Taxes ................................ 25,000.00
Reserve for Uncollectible Taxes ................................ 20,000.00
Bank Overdraft ........................................................... 50,000.00
$537,650.38
Consolidated Balance Sheet, City of St. John's, 31st December, 1932.
ASSETS
1. Lands, Buildings, Equipment and
Permanent Improvements
2. Stores
3. Tools and small equipment
4. Insurance prepaid
Cash on hand and in Bank:--
5. Cash on hand
6. In Royal Bank of Canada (Housing
Scheme)
7. In Royal Bank of Canada (Loan
Subscription Account)
8. In Bank of Montreal (balance
Temporary Loan Account)
Sundry Debtors:--
9. Due on Taxes and Miscellaneous
Revenue
10. Due on Water and Sewerage
Installed (Small Homes, 1910)
11. Due on Water and Sewerage
Installed (Small Homes, 1930)
12. Due on Water and Sewerage
Installed (Small Homes, 1932)
13. Due on Housing Scheme
14. Due on local and private
Improvements
Total Accounts Receivable
15. Less Reserve for bad Debts Taxes
16. Less Reserve for Interest charged on
Sewerage Installation
Net Value set on Accounts Receivable
TOTAL ASSETS
17. Showing Balance as Deficit |
....................
$18,891.44
7,165.54
48.32
200.00
2,815.26
51.27
4,685.73
202,133.27
445.27
40,371.50
9,816.51
1,956.67
4,444.23
259,167.45
129,381.76
6,123.08
135,504.84
....................
....................
....................
|
$2,533,739.56
26,105.30
7,752.26
123,662.61
$2,691,259.73
98,791.39
$2,790,051.12
|
Consolidated Balance Sheet, City of St. John's, 31st December, 1932.
LIABILITIES
Loans:--
A. From Newfoundland Government
B. From Savings Bank
C. From Royal Bank of Canada
(Guaranteed by Government)
D. From Royal Bank of Canada
E. From Royal Bank of Canada
(Small Homes, 1932)
F. From Syndicate Banks (Guaranteed
by Government)
G. Subscriptions received for Loan due
1947
Total Loans
H. Interest Accrued:--
On Loans
On Loans due 1947
I. Cash Over:--
This amount
Sundry Creditors:--
J. Royal Bank of Canada--overdraft
K. Sundry Creditors (Warren, etc.)
L. Newfoundland Government--due on
Interest, etc.
TOTAL LIABILITIES
M. In addition to the above the
following Reserves have been set
up:--
General Funds Reserve--
being for expenditure on permanent
works (Capital Fund) out of General
Funds
Sinking Funds Reserve--
being for transfer of money from
Loans for capital expenditure to
General Funds |
$1,648,904.54
1,600.00
455,428.00
74,564.97
9,816.51
89,000.00
71,000.00
....................
2,934.10
1,775.00
....................
56,610.38
65,018.66
43,365.46
....................
197,587.07
70,338.84
|
$2,350,314.02
4,709.10
107.59
166,994.50
$2,522,125.21
267,925.91
$2,790,051.12
|
|
