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The Charleston Daily News
Charleston, Charleston County, South Carolina
What is this article about?
Savannah faces severe municipal debt of $3,500,000 against property valued under $16 million, with $8 million in expenses over three years, prompting calls for reform. Compared to Charleston, Savannah has better government until November changes.
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Our Savannah neighbors seem to be sadly in need of municipal reform. A correspondent of the Morning News informs that journal that the bonded debt of Savannah is $3,500,000, while the property of the city is valued at less than sixteen millions. The gross expenses and expenditures of the City of Savannah for the past three years amount to very nearly eight million dollars, and the excited taxpayers cry out for immediate retrenchment. Savannah, in a municipal sense, is as hard up as Charleston, but, at least, she has had a respectable city government, which we shall not get until the first week in November.
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Domestic News Details
Primary Location
Savannah
Event Date
Past Three Years; First Week In November
Key Persons
Outcome
bonded debt of $3,500,000; property valued at less than sixteen millions; gross expenses of nearly eight million dollars over three years; calls for retrenchment
Event Details
Savannah in need of municipal reform due to high debt and expenditures; taxpayers demand immediate retrenchment; compared to Charleston with upcoming government change in November.