Financial Report of Hartford Water Board
According to the semi-annual financial statement of the Hartford, Conn., water board for the period ending December 31, 1922, submitted to the common council, a total of $499,032.25 was added to the capital account of the water department during 1922, while the fixed capital installed prior to January 1, 1922, was $8,983,879.40. Cash in banks totalled $160,754.19. Among the accounts receivable were: water rents, $19,256.77; main pipe assessments, $48,436.84; miscellaneous $16,030.93. The sinking fund was $351,221.97. The main items which must be paid by the board at some time in the future are bond issues aggregating $4,275,000. The net value of the Hartford water works is $5,649,352.16. According to the statement, the cost of operation during the calendar year of 1922 was $76,856.39, while the cost of maintenance was $213,029.30.
According to the semi-annual financial statement of the Hartford, Conn., water board for the period ending December 31, 1922, submitted to the common council, a total of $499,032.25 was added to the capital account of the water department during 1922, while the fixed capital installed prior to January 1, 1922, was $8,983,879.40. Cash in banks totalled $160,754.19. Among the accounts receivable were: water rents, $19,256.77; main pipe assessments, $48,436.84; miscellaneous $16,030.93. The sinking fund was $351,221.97. The main items which must be paid by the board at some time in the future are bond issues aggregating $4,275,000. The net value of the Hartford water works is $5,649,352.16. According to the statement, the cost of operation during the calendar year of 1922 was $76,856.39, while the cost of maintenance was $213,029.30.
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