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 


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