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Newspaper
Mount Dora Topic
Location
Mount Dora, Florida, United States of America
Date
Jan 12, 1939
Page
7
A county official praised a prominent business leader for extensive local service in Eustis and Lake County. The speaker highlighted his city and county work, bond refunds, and generous support to the municipality, noting his roles with Rotary Elks and Masonic orders.
The auditor certifies that the balance sheets for Mount Dora as of October 31 1938 reflect the town s finances. Highlights include taxes receivable 127 563 70 unpaid with interest 186 354 10, fixed assets 277 876 33 and outstanding bonds 327 000 00. Net worth totals 314 101 82 distributed across General, Light and Water funds with schedules detailing assets liabilities and allocations.
Schedule shows cash receipts and disbursements across General, Water, and Light departments for 1937 and 1938. It notes net worth increase of 39 94384 from two years of activity and depreciation not accounted for in Water profits. Consolidated balance sheet lists fixed net worth and bonds outstanding with detailed disbursement categories and excess receipts over disbursements.
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