Report on Cost of Sheboygan Water Works
A special committee appointed to investigate the cost of the city water works of Sheboygan, Wis., and the financial relations existing between the city funds in general and the funds of the water department has submitted a report which shows that the purchase price of the plant was $436,000. Incidental expenses, attorneys’ fees, etc., while purchasing the plant were $1,553.74; other miscellaneous expenses, all itemized, were $439.66. The sum of $27,000 was expended for intake pipe, which amount was transferred from different funds and later returned. Other transfers from the water fund amounted to $37,000, which was later returned to the Water Works fund. Water Works bonds expenditures of $8,469.25 were made. There was money in the Water Works fund as follows: Bond issue of $360,000, tax levy 1903 amounted to $25,039.12, tax levy of 1907 was $55,982.46, making a total of $81,021.58 raised by taxation which Alderman Haack claimed should be returned by the Water Department, but City Attorney Ed. Voigt ruled different, on the ground it was raised for the purpose and the Water Department was not obliged to return it. In 1909 the sum of $30,000 was transferred from different funds to the water fund, as authorized by resolution passed by the council May 17th, 1909. The sum of $12,482.20 was received from bond sale, received cash from the City Water Department March 8, 1910, the sum of $20,000, and there was a transfer from the bond to the water fund, in 1911, of $7,000, all of which transfers were returned to the different funds. After deducting the debits and the credits there was a balance of 58 cents which was transferred to the guneral fund, doing away with the water works account.