Cost of living in German towns

The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 866449027

URN:: urn:nbn:de:zbw-retromon-93831

Document type:: Monograph

Title:: Cost of living in German towns

Place of publication:: London

Publisher:: Stat. Off.

Year of publication:: 1908

Scope:: 1 Online-Ressource (LXI, 548 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

32 THE FISCAL PROBLEM IN MISSOURI Expenditures for Other Functions Only scattered information is available concerning the local expenditures other than for schools and roads.! Figures for debt retirements are compiled annually by the Commer- cial and Financial Chronicle and are issued in a publication entitled State and Municipal Compendium. According to this publication, the local governments in Missouri paid off bonded debt obligations during 1928 in the amount of $7,832,810.2 This figure comprises one of the two component parts forming a total commonly designated as debt service. The other part, interest, is difficult to estimate, as the debt obligations of certain local governments bear rates of interest that vary considerably. It is believed that total interest payments of all local governments in Missouri amounted to approximately $7.9 million in the fiscal year ended in 1928. This estimate was obtained? by using the interest payments of the four large cities for that year and adding an estimated amount for other local governments. Adding this estimate to the previous total for debt redemption, the total for debt service becomes $15.7 million. The gross total of local expenditures for the fiscal year ended in 1928 has been estimated as $163.6 million. The total for the functions that have been considered amounted to approximately $96.9 million in that year. This amount, however, involves certain duplications, only $2.0 million of which can be eliminated. The total as given, when re- duced by that amount, becomes $94.9 million. Deducting the last amount from the gross total of $163.6 million leaves a remainder of $68.7 million to be attributed to other govern- mental functions.® Of the latter amount, $48.9 million are attributable to the four cities over 30,000, and it would therefore appear that only $19.8 million were expended by other local governments for the remaining functions. The figure of $19.8 million, however, should be regarded as a 1 This statement does not apply to the data for cities over 30,000. ? State and Municipal Compendium, June 28, 1929, p. 15. 3 For complete details of basis of estimating, see Appendix B. 4 See Appendix B for explanation of duplications. $ General government, protection, social welfare, public utilities, and miscel- laneous.

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