The Newburgh Water Department
The revenues of the Newburgh, N. Y., water department for the year 1916 amounted to $64,557.87, according to the annual report made by the city manager, Dr. Henry Wilson, to the city council. There were water bonds to the amount of $13,250 redeemed during the year, and the sum of $17,621.50 paid out for interest on water bonds. By a careful and economical administration of this department, he says, there has accumulated a balance of $19,303.87, and he says:
“This is a good balance when it is considered that considerable new work has been done in the water department, including the installation of water mains. By continued careful economy in this department, together with the collection of back water rents amounting to over $6,000 to be made, it is hoped that sufficient funds will be on hand to take up at maturity a water bond falling due July 1, 1917, which, with interest, is about $37,000. It was expected that this bond would have to be refunded, as no provision had been made to take care of it; but the greater part, if not all, will be paid from current funds when it comes due. While this condition of strict economy was exercised in the administration of the water department during the year 1916 in the desire to save sufficient funds to make at least a substantial payment on the maturity bond referred to, it cannot be expected, neither would it be advisable. to continue to trim down the expenses of our water department to the extent of permitting the plant to deteriorate or by withholding the construction of needed water mains.”
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