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West Frankfort ends year with cash surplus of 24052.79
West Frankfort ended the year to May 2 1949 in the black with an operating fund balance of 24052.79 and a net surplus of 1300.05. Revenue totaled 113824.59 while disbursements were 112485.17. Current assets stood at 59112.16 liabilities 11351.88. The audit praised improved financial handling by the mayor and city commissioners. Oil income and parking meters provided major revenue. street department led spending.
MENTIONED IN THIS ARTICLE
West Frankfort
William E. Gamber
Mt. Vernon
Department of Streets and Public Improvements
Department of Public Health and Safety