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Water Works Department financial audit 1926 28 Bessemer
The city auditor reports the Water Works and Sewer Departments of Bessemer, Michigan, audited for Oct 1 1926 to Feb 29 1928. It presents balance sheets, fixed assets, depreciation reserves, bonds, and operating statements, noting net worth rise from 2,067.71 to 34,715.35 and a cash Hodg balance shift from overdraft to 14,473.41. It details hydrant rental impacts, rates per thousand gallons, and conclusions that operations could be self-supporting without tax subsidies if hydrant charges are received and cost allocations are made. The exhibit list includes A through H with supporting schedules and comparative statements.
MENTIONED IN THIS ARTICLE
Board of Public Works
Bessemer
Michigan
Water Department
City of
Water Works Department
Fire Department