Sunday, July 28, 2019

Expenditures for Schools, Streets, Water Top Hickory's Annual Budget, July 28, 1919

From the Hickory Daily Record, July 28, 1919. The city’s sinking fund was a small amount of money set aside in case of emergency.

Budget Adopted for Year in Hickory

With an estimated income of $101,152.16 for the current fiscal year, city council has made out a budget for the departments of government. Seven per cent of the income is set aside for bonds and sinking fund, a total of $7,957.61, and the remainder is apportioned among the several departments. Schools receive the largest amount and streets come second. The appropriations by departments is as follows:

Administration--$8,496.94
Cemetery--$300
Fire--$6,330.06
Graded Schools--$32,110
Judiciary--$2,425
Police--$3,585
Library--$1,200
Streets--$20,135.55
Water--$18,612,000 (that’s what was printed but it probably was $18,612)
Total--$93,194.55

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