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A GRAND FINANCIAL EXHIBIT.- page 33 -
DIGEST of figures, while not especially picturesque, are sometimes what the nuts and raisins are to an eight-course dinner. No other suburb in the land can make such an exhibit as this series of annual reports which "boiled to the very marrow," show how Norwood has grown in importance in the short space of five years. The first money which Norwood's treasurer ever handled was a loan of $250 advanced by Edward Mills, to liquidate certain early claims!
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| The Treasurer showed for the year ending March 17, 1890: | |
| Receipts..................... | $ 4,341.76 |
| Expenditures................. | 2,651.46 |
| Balance.................. | $ 1,690.30 |
| Year ending March 21, 1891: | |
| Receipts..................... | $ 26,054.83 |
| Expenditures................. | 25,497.87 |
| Balance.................. | $ 556.96 |
| Including 1890's balance | 2,247.26 |
| Year ending March 21, 1892: | |
| Receipts..................... | $154,401.19 |
| Expenditures................. | 140,843.31 |
| Balance.................. | $ 13,557.88 |
| Year ending March 20, 1893: | |
| Receipts..................... | $233,247.56 |
| Expenditures................. | 213,692.43 |
| Balance.................. | $ 19,555.13 |
| Year ending March 20, 1894: | |
| Receipts..................... | $377,191.88 |
| Expenditures................. | 342,620.40 |
| Balance.................. | $ 34,571.48 |
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Is there any other village in Ohio that can show an increase of over eighty times their total of five years? Norwood is not weighed down with any oppressive public debt. The outstanding liabilities at the beginning of 1894 were $159,200, including the water works, village portion of sidewalks, public buildings and general purpose bonds. In addition to these debts there were $394,672.32 worth of 6% bonds on circulation, the principal and interest payable from special assessments on property improved. ——— – ——— |
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