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Newspaper
Mount Sterling Advocate
Location
Mount Sterling, Kentucky, United States of America
Date
Jan 18, 1921
Page
2
A historical financial snippet shows cash resources and liabilities for Montgomery County Kentucky. It lists a sinking fund to pay outstanding turnpike bonds and interest at 598.07 dollars and bonds totaling 25 500 dollars.
Financial fragment notes tidal items from 1918 1919 including liabilities for unfinished bridge contracts unpaid vouchers and claims. It mentions balances due to the county treasurer overdrafts paid on road orders for turnpikes and roads and a Camargo Spencer turnpike connection appropriation.
Statement of Receipts and Disbursements from the books of the County Treasurer, covering the period from June to July 1 1920. The document records cash inflows and outflows, balances, and the annual financial status as of the cutoff date.
To the Citizens and Taxpayers of Montgomery County Kentucky the Fiscal Court presents the financial condition for the close of the year June 30 1920 and the receipts from 1919 to 1920 with claims allowed. The report notes tax returns mainly in November and December and a $194.70 interest on a loan of surplus funds to the United States government. It lists year 1920 estimates for state and county purposes and notes about 2800 poles.
County tax records show a negative assessment of 9,250,000 dollars for the year 2000 linked to Ceubhey School Poles. The entry notes the amount subject to county school taxes and specifies the related school property context.
The County Tax Commissioner is allowed by law 5 percent on the first million and 2 percent on the balance. For making the above assessment Mr. Harry F. Howell received $8,214.03, paid by the state of Kentucky. He is additionally allowed 5 cents a head for listing dogs.
Fragmentary OCR text shows a sheriff commission or earnings item with references to Rane Reece Rogers and a total amount around 2000.00. Mentions county and school tax context and Texas AB B68 style notes.
The court imposed a 50 cent tax per 100 property value totaling one hundred dollars. Allocations included Fees and Salaries, Sinking fund, and Miscellaneous items as described in the levy statement with district specifics not fully legible. The damaged OCR fragment omits clear names or dates but reflects standard county tax budgeting and apportionment practice.
The Montgomery County Board of Education submits a budget for 1920 1921 with local tax needs after state funds. It requests a 35 cent levy on property and a one dollar poll tax to raise 33459.84 beyond 12000 received from Kentucky, with total property value 9,113,098 and sentences dated May 3, 1920.
Summary of claims allowed for the 1919 fiscal year from June 30 1919 to July 1 1920. Includes turnpike and dirt road orders road orders for state aid work and bridges miscellaneous items and vouchers paid out of the 1919 Turnpike Fund. Lists specific payees and amounts with a total of 99842 77 for the year and breakdowns for turnpike claims paid in 1919.
The county received a Velie truck and two four wheel drive three ton trucks from the United States government but only the chassis arrived. Dump bodies were added to haul stone on roads, but two trucks suffered weather damage and parts replacements were needed. Repairs and dump bodies have cost about four thousand dollars to date and operations are costly.
The county purchased a brick warehouse from I F Tabb at seven thousand dollars in cash during fiscal year 1919. The lot fronts Locust street opposite the shipping pens with a rear yard, suitable for storing trucks, machinery, teams, wagons and bridge lumber. It includes a blacksmith shop, water, electricity and a 500 gallon gasoline tank and pump for county use.
In fall 1919 roads were fairly good compared with Bourbon and Clark but winter 1919 20 was very wet with repeated rains washing away work. Labor and materials were scarce, bids for rock were meager, and attempts to import rock from Carter County failed. Most work focused on Camargo and Paris roads as attempts to prepare them for state takeover. Limited funds prevent improving the overall network.
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