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The Richmond Palladium
Richmond, Wayne County, Indiana
What is this article about?
At a city council meeting last evening, Councilman Bartel questioned Mayor Zimmerman on the disposition of the Municipal Lighting Plant Fund; the mayor was unaware, leading to a resolution for Treasurer Mr. Tennis to report next meeting. May's plant report showed $4,838.11 receipts, $2,468.21 expenditures, and $23,050.36 balance.
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What Is Done With Light Plant Fund Too Much for Mayor and City Attorney.
REPORT FROM TREASURER MR. TENNIS IS TO PREPARE A STATEMENT REGARDING DISPOSAL OF MUNICIPAL PLANT'S RECEIPTS.
In the discussion which followed the reading of the report of the superintendent of the Municipal Lighting and Power plant for the month of May at council last evening, Councilman Bartel, a new member, asked the very embarrassing question of Mayor Zimmerman, what disposition was made of the money in the Municipal Lighting Plant Fund. The Mayor confessed that he did not know. He put it up to the city attorney who sidestepped the matter. A resolution was passed to have the city Treasurer submit a report at the next council meeting stating what disposition was made of the fund. The report of the Municipal Light plant for the month of May follows:
Receipts.
Received from light and power $3025.61
Received from street lighting $1812.50
Total receipts for May ....$4838.11
Expenditures.
Operating expenses $1727.67
Bldg and equipment 740.54
Total .$2468.21
Excess of receipts over operating expenses ,$3110.44
Bal in treasury April 30....$20,711.40
Amt. paid in during May... 4,807.17
Total .$25,518.57
Expenditures during month 2,468.21
Bal on hand in Treasury May 31 $23,050.36
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Domestic News Details
Event Date
Last Evening, Month Of May
Key Persons
Outcome
resolution passed to have the city treasurer submit a report at the next council meeting stating what disposition was made of the municipal lighting plant fund.
Event Details
In the discussion following the reading of the superintendent's report for the Municipal Lighting and Power plant for May at council last evening, Councilman Bartel asked Mayor Zimmerman about the disposition of money in the Municipal Lighting Plant Fund. The Mayor confessed he did not know and deferred to the city attorney, who sidestepped the matter. The report for May showed: Receipts from light and power $3025.61, from street lighting $1812.50, total $4838.11. Expenditures: Operating expenses $1727.67, Bldg and equipment $740.54, total $2468.21. Excess of receipts over operating expenses $3110.44. Balance in treasury April 30 $20,711.40, amount paid in during May $4,807.17 (note: slight discrepancy with total receipts), total $25,518.57. Expenditures during month $2,468.21, balance on hand May 31 $23,050.36.