T'

RELATING TO PUBLIC OFFERING OF

$1,700,000
Water Supply System Revenue Bonds, Serks 1

On Tuesday, August 10, 1948 - 8 P. M. Eastern Standard TV?!:
AT THE CITY HALL

ijill

CITY OF FLINT, MICHIGAN
',»»• '.

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 Prospectus
RELATING TO PUBLIC OFFERING OF

$1,700,000
Water Supply System Revenue Bonds, S
CITY OF FLINT, MICHIGAN
On Tuesday, August 10, 1948

EDWARD J. VIALL
Mayor
FLOYD M. BALDWIN
JOHN S. BARATH
CHARLES E. BIERWIRTH
JOHN W. BOOTH
GEORGE P. CAROL
LAURENCE L. COOK

- 8 P. M. Eastern Standard Time,

R. DEAN KIRK
WALTER L. LOVE
Commissioners
•EDWARD J. VIALL Acting City Manager
LLOYD G. KIRBY
Director of Finance
WALTER KRAPOHL
City Attorney

ALBERT C. i,
City Cler

J

THEODORE
Director c

.'

EARL L. HOI
Superinte/
and Sewc
HERSCHEL O
Assistant Sup
Supply and S

AYRES, LEWIS, NORRIS & MAY
Ann Arbor, Michigan
Consulting Engineers
CLAUDE H.STEVENS
of Berry, Stevens, Barbier curd Evely
Detroit, Michigan

Bond Attorney

MATTHEW CAREY
Detroit, Michigan
Financial Consultant

  Contents
Page
OFFICIAL STATEMENT 3
Engineer's Report 78
Copy of NOTICE OF SALE - 9

FINANCIAL AND STATISTICAL DATA
Conunenm on annxm? Repo?s 1921
List of Bonds retired by Water Department 22
Overlapping Debt Statement and
Tax Levkm and Co?ec?on 22
Projected Receipts and
Operation and Maintenance Expense Schedules A (S 23
Allocation of Receipts in accordance with Ordinance 815Bcdance SheetIune 30,1948 25
Comparative Balance Sheets Tune 30, 1937 to 1948 . 27
Comparative Income Statement February 28, 1927 to March 31, 1948. . . 29
Comparative Water Rates 17 Michigan Cities 31?32
Chart showing Water Pumped 33
Water used by Various Classes of Consumers 35
Water Sold under Each Rate 35
Statistical Growth Factors of City of Flint 37

Page 2

Official Statement

RELATING TO THE SALE OF

$1,700,000 Water Supply System Bonds, Series I
CITY OF FLINT, MICHIGAN

These bonds are being issued under the provisions of Act 94, Michigan Public Acts of 1933, as
amended (The Revenue Bond Act); and in accordance with the terms of Flint City Ordinance No. 815,
adopted Tune 28, 1948. 

A copy of Ordinance 815 and the Notice of Sale are included herewith. A copy of the Revenue Bond
Act will be supplied upon request.
. 
Dated September 1. 1948 Callable as shown below Due February 1. 1952/1978

Coupon Bonds. registerable as to principal only DenOmination $1.000

Principal and semi-annual interest. February 1 and August I. payable at
CHASE NATIONAL BANK OF NEW YORK
First Coupon due February 1.1949

AMOUNTS AND February 1

1952 . . . . . . . 545.000 1959 555.000 1966 . . . . . . . .$65.000 1973 . . . . . . . .$75.000
1953 . . . . . . . . 45.000 1960 55.000 1967 . 65.000 1974 . . . . . . . . 80.000
1954 . . . . . . . . 45.000 1961 55.000 196865.000 1975 80.000
1955 . . . . . . 50.000 1962 60.000 1969 70.000 1976 . . . . . . . . 80.000
1956 50.000 1963 60.000 1970 . .. 70.000 1977 80.000
1957 50.000 1964 60.000 1971 75.000 1978 80.000

60.000 75.000

Callable, as a whole or in part, on 30 days' notice on February 1, 1955 or on any interest date there?
after, at par and accrued interest, plus a premium on each bond as follows:

$25.00 if redeemed on or before August I. 1956: thereafter
$22.50 if redeemed on or before August 1. 1958: thereafter
$20.00 if redeemed on or before August 1. 1960; thereafter
$17.50 if redeemed on or before August 1. 1962: thereafter
$15.00 if redeemed on or before August 1. 1964: thereafter
$12.50 if redeemed on or before August 1. 1966: thereafter
$10.00 if redeemed on or before August 1. 1968.- thereafter
$7.50 if redeemed on or before August 1. 1970: thereafter
$5.00 if redeemed on or before August 1. 1972: thereafter
$2.50 if redeemed on or before August 1. 1974: thereafter
No premium

If called in part, they are callable in inverse numerical order. In any case where moneys are avail?
able for redemption of bonds, such moneys may be used instead to purchase bonds on the open market
at the best price, or prices, obtainable but not in excess of the then redemption price.

LEGAL OPINION of Berry. Stevens. Barbier and Evely. Detroit. Michigm

Provision is made for the City to file with the original purchasers of these bonds a copy
of an ANNUAL AUDIT of the Water System certified by a Certified Public Accountant.

Reference is made to Ordinance 815 for more detailed statement of the provisions above summar-
ized; protective covenants; existing water rates and charges; the allocation of revenues of the system'-
provisions for issuance of additional bonds of equal standing, and other provisions governing the issu-
ance and servicing of these bonds. i.

Page 3

 

 

 

 

 

Official Statement (Continued)

BACKGROUND

The water works were begun under private ownership in 1883 and taken over by the City of Flint
on December 1, 1903,- with the assumption of a bonded indebtedness of $262,500,

The earlier development of the water system was financed by the issuance of General Obligation
Bonds in the total amount of $3,643,084. Since 1924, the steady enlargement of facilities has been
financed from earnings. The entire General Obligation Debt has been concurrently retired from earn-
ings. Since 1933, the water system has ?nanced the operation of the Sewage Disposal Plant and the
Sanitary Sewer System. This has been done without any change in water rates since 1919, except for
a 50% surcharge in the three years ending Iune 30, 1926 to 1928 to finance construction of a dam and
reservoir.

The management of the Water Department has constantly planned and built to anticipate the needs
of a rapidly growing community. Consulting engineers have been retained periodically to study and
report on these needs and assist in planning to meet them.

IMPROVEMENTS CONTEMPLATED

Immediately after the end of the war, a study of the future water and sewer requirements was under-
taken.

The forseeable needs of the Sewer System involve an expenditure of only $1,200,000. These are
not pressing and ways and means of financing this program are being studied by the City Administration.
The measures adopted will undobtedly have to be related to provision for operating expenses of
the Sewer Disposal Plant and the Sanitary Sewer System for which no further money will be provided
by the Water System after Tune 30, 1949. (See Section 17?6 of Ordinance No. 815.)

A summary of the situation with respect to the Water System is provided in the Project Survey
prepared by Ayres, Lewis, Norris and May, Consulting Engineers, and enclosed herewith.

The addition to plant capacity in filters and softening facilities and the South Side Distribution Cen-
ter were started in 1947,- with the cost, approximating $1,300,000, financed from funds accumulated in the
system.

FINANCING PROGRAM

The cost of the remaining improvements listed in the Ayres report have prompted the City to initiate
a program of public financing. The financial factors involved summarize as follows:

Bond Issue Annual
Estimated (Including Debt 125%
Construction Incidental Require- Thereof
Cost Charges) merits (Cumulative)
1. Pumping Station $1,525,000 $1,700,000 90,000 $112,500
2. Filtration Plant 2,075,000 2,300,000 120,000 262,500
3. Dam and Reservoir 1,500,000 1,700,000 90,000 375,000

 

 

Total $5,100,000 $5,700,000 $300,000

The Pumping Station Project will be financed by the current offering of $1,700,000 in bonds.

Plans for the Filtration Plant development are now being prepared. Final determination as to
capacity hinges on consumption experience when current restrictions on water use are lifted with the
opening of the South Side Distribution Center this month.

Planning for the Dam and Reservoir isstill in the survey stage.

Plans for the current bond offering have been made with these future needs in mind. Estimates
of future earnings set forth in Schedules A and have been conservatively made. There is every
reason to anticipate that increasing water sales will provide continued ample coverage for any needed
future financing.

Page 4

 

 

Official Statement (Continued)

EARNINGS OF THE WATER SYSTEM

Following is a summary of past and projected earnings as set forth in attached schedules:

 

 

PROJECTED
1945/6 1946/7 1947/8 1950/1 30 year average
RECEIPTS
Wafer Sales $832,673 $1,126,091 $1,127,918 $1,200,000 
Other 10,749 12,684 15,362 28,000 
Total $843,422 $1,138,775 $1,143,280 $1,228,000 $1,226,512

Less Operation
and Maintenance 488,915 660,180 708,694 770,000 769,159

NET REVENUES. $354,507 478,595 434,586 458,000 $457,353

 

(10 year average, 1938/47.. 428,043)
(3 year average, 1946/48.. 422,562)

DEBT COVERAGE (Assuming 2.5% coupon rate)

Maximum Interest of $42,500 in 1950/1 10.78 10.76
Maximum Principal and Interest of $89,532 in 1970/1 5.12 5.11
Average Principal and Interest of $82,000 . . . 5.58

NOTE: Provision is made for a Reserve of $100,000 in Sec. 17-2 of Ordinance 815.

CONSTRUCTION CONTRACTS

Bids for the construction will be received on August 9, 1948.

FINANCIAL AND STATISTICAL INFORMATION
Schedules A and show the basis upon which projected earnings of the System have been computed.

A schedule showing the allocation of these earnings in accordance with the provisions of Ordinance
815 is also attached.

Tables are included to- set forth Growth Factors of the City of Flint; analysis of water consumption
by classes of consumers and water sales under each rate; comparative balance sheets and revenue
statements of the System, and other information deemed to be of interest to prospective purchasers.

EDWARD I. VIALL
Mayor and Acting City Manager

LLOYD G. KIRBY
Director of Finance

July 26, 1948

Page 5

LDUIB AYRES

EEDRGE E. LEWIS WATER SUPPLY

Hagan-r NORRIS AYRES, NDRRIS 5? MAY SEWAGE DISPOSAL

DDNALD D. MAY ELECTRIC POWER

JAMES E.WARK EDNSIJLTINB ENGINEERS

 

 

5:15 WDLVERINE BUILDING SURVEYS, 
TELEPHONE 2221: 
ANN ARBOR. MICHIGAN SUPERVISION Dr

GDNITRUGTIDN

PROJECT SURREY - Flint water Department

SOURCE OF SUPFLI

The source of water supply is from the Flint River, which has a drainage area
at the plant, including Kearsley Greek drainage, of about 711 square miles. The
minimum average flow of the record, since 1951, was 18 million gallons per
day at the waterworks, without the aid of storage; with the aid of the existing
Kearsley reservoir, which contains 650 million gallons, the minimum available summer
flow may be equalized to an average of 55 million gallons per day.

Based on present estimates of water demand the average demand of the City may
reach 55 million gallons daily in 1950.

By the addition of Genesee Reservoir, which would contain 1850 million gallons,
an equalized flow of at least 46 million gallons daily would be made available,
which should suffice to meet the water supply needs for many years into the future.

The quality of the river water varies widely in chemical and organic content,
turbidity, color and temperature; but with adequate facilities it is practicable to
treat the water so as to produce a reasonably satisfactory public water supply.

EXISTING WATER WORKS FACILITIES

The present water works system consists of a plant for the softening, purifies,
tion and pumping of the supply and a distribution system of over 410 miles of mains,
varying in size from 4 to 50 inches in diameter. 

The water plant has two intakes, two pumping stations, a softening plant, a
filter plant and clear water storage. This plant has been built in installments
over several decades. The intakes were built in 1913 and 1917; the existing pumping
units were installed from 1919 to 1951; the filter plant was constructed in three
steps, eight filters in 1911, eight in 1917 and twelve in 1925, making a total of
28 filters, each with a nominal rated capacity of one million gallons daily. "The
softening plant was completed in 1959.

In all categories, pumping, softening, filtration and distribution capacities,
the existing system has been deficient to fully meet recent requirements; and to
avoid shortages in essential services it was necessary to curtail sprinkling in 1947.

CURRENT IMPROVEMENTS
Improvements to the present water system, which have been in progress during
the past several months and are now nearly completed, consist of:

An addition to the plant capacity in filters and softening facilities and

A South Side Distribution Center which will supplement the distribution
system.

7 The new filters, flocculating and settling basins ?11.add 25 per cent to the
Plant's treatment capacity; and the new 10 million gallon storage reservoir on the
South Side, together with its supplementary mains and pumps, will add 50 per cent
.to the peak hour capacity of the distribution system.?

 

 

HYDRAULIC PROBLEMS

 

 

 

 

 

 

 

FUTURE IMPROVEMENTS

Future improvements are proposed to be made in three steps, providing (1) a
new pumping station, (2) a new filtration and softening plant and (5) a storage
dam and reservoir to augment the available raw water supply.

PUMPING STATION PROJECT

The new pumping station will furnish raw water for both the old and new
filter plants; and filtered water to the distribution system, supplementing the
existing high-lift pumping stations. The project will include a new intake and
tunnel, a chlorine contact chamber, an additional clear water reservoir and a
pumping station building. The new intake and 6 ft. diameter tunnel will have a
capacity of 90 million gallons daily, and the chlorine contact chamber will
provide 10 minutes of contact for 60 million gallons daily. The clear water
reservoir will have a capacity of three million gallons. Four low lift pumps,
having capacities of 15, 20, 25 and 50 million gallons daily, reapectively, and
two high?lift pumps, having capacities of 20 and 25 million/gallons daily, with
spaces for two additional units, are contemplated.

In addition to the work included under the Pumping Station Project, as above
outlined, it is planned to carry out, as a part of the first step, certain struc-
tural improvements to the existing filters, and to provide sludge storage ponds for
water softening sludge.

Repairs to the existing filter plant will consist in constructing new bottoms
in 28 filters, replacing disintegrated concrete in older portions of plant, and
reconditioning of plant valves, piping and equipment.

Sludge diaposal facilities will consist in an 8 inch pipe line from the
existing filter plant to sludge drying beds in gulleys upstream of the filter
plant, together with sludge pumps at the filter plant, and necessary dikes, disu
tribution and drainage piping at the drying beds.

The estimate of cost of the project is as follows:

INTAKE, PUMPING STATION, CHLORINE TANK AND RESERVOIR $1,200,000
Excavation and Backfill 81,000
Reinforced Concrete 570,500
Superstructure 128,100
Equipment . 200,000
Electrical WOrk 179,000
Outside Piping 107,400
Inside Piping 46,500
Valves and Sluice Gates 75,500
Structural Steel 12,000
SLUDGE DISPOSAL FACILITIES 125,000
REPAIRS TO EXISTING PLANT 200,000
ENGINEERING, DESIGN AND SUPERVISION 61,000
ADMINISTRATIVE AND LEGAL 10,000
CONTINGENCIES 103,000
Total Project Cost $1,700,000

Ayres, Lewis, Norris May

June 25, 1948 5; 

FUTURE IMPROVEMENTS

Future improvements are prOposed to be made in three steps, providing (1) a
new pumping Station, (2) a new filtration and softening plant and (5) a storage
dam and reservoir to augment the available raw water supply.

PUMPING STATION PROJECT

The new pumping station will furnish raw water for both the old and new
filter plants; and filtered water to the distribution system, supplementing the
existing high-lift pumping stations. The project will include a new intake and
tunnel, a chlorine contact chamber, an additional clear water reservoir and a
pumping station building. The new intake and 6 ft. diameter tunnel will have a
capacity of 90 million gallons daily, and the chlorine contact chamber will
provide 10 minutes of contact for 60 million gallons daily. The clear water
reservoir will have a capacity of three million gallons. Four low lift pumps,
having capacities of 15, 20, 25 and 50 million gallons daily, respectively, and
two high?lift pumps, having capacities of 20 and 25 million gallons daily, with
spaces for two additional units, are contemplated.

 

In addition to the work included under the Pumping Station Project, as above
outlined, it is planned to carry out, as a part of the first step, certain struc?
tural improvements to the existing filters, and to provide sludge storage ponds fog
water softening sludge. - i

Repairs to the existing filter plant will consist in constructing new bottoms}
in 28 filters, replacing disintegrated concrete in older portions of plant, and 
reconditioning of plant valves, piping and equipment.

Sludge dispOSal facilities will consist in an 8 inch pipe line from the
existing filter plant to sludge drying beds in gulleys upstream of the filter
plant, together with sludge pumps at the filter plant, and necessary dikes, dis?
tribution and drainage piping at the drying beds.

The estimate of cost of the project is as follows:

INTAKE, PUMPING STATION, CHLORINE TANK AND RESERVOIR $1,200,000
. Excavation and Backfill 81,000
Reinforced Concrete 570,500
Superstructure 128,100
Equipment 200,000
Electrical Work 179,000
Outside Piping 107,400
Inside Piping 46,500
Valves and Sluice Gates 75,500
Structural Steel 12,000
SLUDGE DISPOSAL FACILITIES 125,000
REPAIRS TO EXISTING PLANT 200,000
ENGINEERING, DESIGN AND SUPERVISION 61,000
ADMINISTRATIVE AND LEGAL 10,000
CONTINGENCIES 
Total Project Cost $1,700,000

Ayres, Lewis, Norris May

I.


June 25, 1948 .. 

  

 

 

 

The following story of Flint's industries is
reproduced from a booklet, ?The Vehicle
City," published by the Flint Chamber of
Commerce in l94l. During the War period,
these plants have been substantially en?
larged; Buick has acquired a parts plant
south of Flint, and Chevrolet has erected a
large assembly plant on a new site in the

southwestern part of the City.

 

 

 

 
 

FINANCIAL fr 

eml pm

gut-CA

Buick is the foundation stone of General Motors!

history is the story of pioneering in the tremendous industry that has
raised Flint from a small town to one of America?s leading industrial cities. The
Buick industry has sullered the pangs of hunger and growing pains. It has known
poverty and great wealth. But always, since its inception, it has been a leader in
engineering advances and the forerunner of style trends.

The development of Buick is a dramatic story. Born in brilliant engineering
minds and nursed through infancy by local capital, Buick?s history closely
parallels the chronological progress of the automotive industry.

When David Buick sold his interests in a successful plumbing supply business
at the turn of the century and set his ingenious mind to the development of a
gasoline engine, he immediately started work on what later proved to be the
most efficient internal combustion engine ever developed. The valve-in?head
principle has come down through the years and today is the backbone of the
165?horse-power engine in the car that still bears David Buick?s name.

Although the ?rst car was built in Detroit in 1902, successful operations were
not attained until local business men and capital brought the Buick Motor

Buickaargest aulomobilc pluml in the world Eiff??nd?? for blacks.
:Wcasure the distance as you drire by.

 

. Company to Flint. In 1903 a total of sixteen cars was built and 1904 saw this
production ?gure more than doubled. The price was $850.

In 1905 capitalization of the company was increased to $1,500,000 made
necessary by the tremendous demand for expansion. Sales presented no problems.
Cars were sold for cash f.o.b. factory. The job was to build them.

At the outset, the entire manufacturing facilities of the company were contain-
ed in a small three?story building, which is now a part of the Chevrolet motor plant.

Moved in 1905 to its present location, many men famous in motors have had a
part in the expansion of this largest, self-contained manufacturing plant in the auto
industry. Such illustrious names as Marr, Durant, Louis Chevrolet, Ballenger,
Aldrich, Harry H. Bassett and others too numerous to mention, con-
tributed to one or more phases?management, production, engineering and styling.

As sales soared and Buick became the ?bell wether? of the industry, its name
was a synonym for quality. Given ?rst place at the New York show for eight
straight years beginning in 1919, Buick was ?rmly planted in the minds of the
motoring public as America?s number one car.

During the past several years Buick has been the accepted style leader and
has paced the industry to new heights in motor car performance.

Famous the world over for quality, and enjoying that distinction since its
inception, 38 years ago, Buick has established one of the most remarkable sales
records ever attained in the industry. Emerging from the depression year of
1933 with total sales of 40,620 units, Buick sold 310,995 cars in the model year
just passed (1940), establishing a new all?time high record.

Buick operations are under the direction of Mr. Harlow H. Curtice, president
and general manager. He is also a vice-president and director of General Motors.
Mr. Curtice is a native of Michigan, and a resident of Flint since 1914. He took
over the reins at Buick in 1933.

Just as it came to the service of the United States Government in the ?rst
world war with the Liberty engine for airplanes, Buick was selected by Uncle
Sam to manufacture on a giant scale the big Pratt and Whitney aviation engine
for the country?s 1941 defense program. Many of the parts for these engines are
made in Buick?s plant in Flint and sent to Melrose Park, a suburb of Chicago,
where the aviation engine activity is carried on.

0 UTS TANDING ACHIEVEMENT

In addition to the valve?in?head principle, some of Buick's outstamling
achievements in motoring comfort, safety and engineering advancements in the
order of adoption are: First four-cylinder engine with sliding gear transmission;
?rst closed car; torque tube drive; four?wheel brakes, transmission,
knee action; coil rear spring; dynaflash engine with dome. piston; ?fireball?
engine with compound carburetion.

Well on the way to its 5,000,000th car, the original standard bearer of General
Motors has never broken its pledge to the public. Its slogan, created in 1905, is
still its goal: W?hen Better Automobiles Are ll?itt Build Them!

 

??4752: trawl-Ti?- Lam-x. . 1

=2mm? 
'5 
I I 





Night scene at the great plant of Chevrolet.

(Ammo/cf

Flint is the heart of the Chevrolet Motor Division?s far-flung production
organization, a network which includes manufacturing and 10 assembly plants
from coast to coast.

From the car and truck assembly lines in Flint come 400-500 new passenger
cars and trucks every working day, to total more than 10 per cent of the entire
Chevrolet output. in the vast Flint motor plant, apprOXimately 22,000 motors
per week are produced to supply the assembly lines in Flint and other Chevrolet
assembly plant cities. The motor plant is now operating three assembly lines
totaling 1,272 feet in length, fed by approximately 12 miles of conveyors and
handling 2,500 tons of materials daily. Today, 1,157 parts are required for the
completed engine. and 1,000 men combine their talents on each of the three lines
to produce as high as 110 motors per hour?or one every 12 seconds.

All of Chevrolet's assembly plants look to Flint for their pressed metal parts?
some 500 items??including fenders, hoods, gas tanks, muffler pipes, etc., which are
produced in Plants 6, 8 and 10. And in Plant. 10 is the largest press in all Chevrolet
manufacturing operations??a vast steel giant weighing 1-10 tons, which can exert
a pressure of 500 tons. to form truck cab tops.

But not only in production does Flint set the pace for the motor world. in
Plant. 3 is headquarters for (lhm rolet?s country wide parts and service warehous-
ing sy stern. here some - 7,000 dill'ereut parts?the largest parts line stocked by
any manufacturer in the world??are ready at a moment's notice for shipment to
any one of Chevrolet's 12 warehouses throughout the country.

 

 

While these facts and ?gures are matters of the moment, Flint does not
manufacture motor cars without an to the future. In the Chevrolet apprentice
shop, established in 1930, 78 boys 16 to 18 years old, are being trained in the ?ne
arts of the mechanic?some to be machinists after a four?year course, others to
become electricians in three years of study. Shop discipline and shop hours are
imposed on these students, the better to ?t them for their careers, and all are paid
on a graduating wage scale that increases as they learn. At the conclusion of
their courses?wherein they have been trained by master mechanics whose
number averages one to every 10 boys?the youths are graduated with a diploma
and cash bonus, and in most cases they ?nd employment in the Flint plants.

Another busy scene in the Flint-Chevrolet picture is the division?s main office,
?nerve center? for the vast, complicated production set?up. Into this office
each year troop some 40,000 persons, all of whom have some business with
Chevrolet. Many sight?seers are attracted to Flint from all corners of the world,
too. The executive oi?ces include executive, sales, service, car distribution,
purchasing, engineering, accounting, traf?c, materials, scheduling, and clerical.
Hundreds of Flint citizens are employed in this building, augmenting the
thousands in the plants proper.

The quality and integrity of Flint workmanship is recognized throughout the
world?"wherever men and women purchase motor cars. Outstanding tribute to
Flint is the fact that more Chevrolets have been purchased, in nine out: of the
past ten years, than any other make of motor car. And again in 1941, Chevrolet
was the overwhelming choice of the car buyer, with more than 1,000,000 sales.

 

Fisher Body No. 1 Plan' Jn South Saginaw streel, where bodies for Buick are made.



The history of the Fisher Body Division in Flint has been one of constant
progress and growth, pacing the general expansion of other activities in this
automotive manufacturing center.

Started in 1925, in a small portion of what is now known as Flint Unit No. 2
directly across?the street from the Chevrolet plant on Chevrolet Avenue, the
building contained 162,709 square feet and consisted of body, paint and trim
shops. During the period from 1923 through 1926, when Fisher Body became a
member of General Motors Corporation, this plant supplied bodies for Chevrolet,
and continues to assemble and manufacture Chevrolet bodies for the Flint ?nal
assembly line.

With improved methods of manufacturing and the addition of 100,000 square
feet of floor space in 1928, the output increased to 400 bodies per nine?hour day
and since has been increased to 550 per nine-hour day.

In 1935 another notable addition was made to the Number 2 Unit, when
another 150,000 square feet of ?oor space was added.

In the meantime, the Durant Motor Company on South Saginaw Street was
purchased and converted into a closed-body plant with major production de?
partments designated as stamping, cut and sew, body, paint and trim. Known as
Flint No. 1 Unit, ?oor space in this plant, which produces bodies for Buick was
acquired in 1926, totaled more than a million and a half feet. Floor space for
the No. 1 Unit now totals nearly 2,375,000 square feet, and No. 2 more than
425,000 Square feet.

During the ?rst 17 years of operations in Flint the Fisher Body Division has
produced 1,700,000 bodies at the No. 1 Unit and in excess of 1,000,000 at the N0-
2 Unit.

As in all General Motors units, ample protection is provided for the employes
with Safety being the byword. Safety engineers are constantly on. the alert for
improved and safer production methods. Four physicians and-15 reglstered nurses
are on the payroll and there are complete hospitalization faC1l1t1es in all plants.

In 1908, during the early era of automobile development, the AC Sparh Plug
Company, now the AC Spark Plug Division of General Motors, was established.
Manufacturing operations were started in one room of a small buildmg located
at. the southeast corner of Hamilton and Industrial Avenues. It was an ambitious
undertaking, with a total of 15 persons on the payroll. The company made only
one product?spark plugs.

From the beginning AC activities developed right along with the young and
bustling automobile industry. More men were added. A larger factory was needed,
so the company moved into a new building of its own at Industrlal and Harriet,
and which is today a part of the Industrial Avenue plant.

At the time AC moved into its new quarters, the horse and buggy era was
making its last stand. One, two and four cylinder automobiles prevailed. Bicycles
were much in favor. Most of the employes used them to ride to and from the
plant, while parents of some of the AC girl employes used horses and buggies
with which to transport them to work. The work day began at 6:30 AM. and
ended at 5:30 P.M. And what a traf?c congestion! Two cylinder automobiles,
bicycles and horses and buggies.

In 1919 AC added speedometers to its manufacturing line. In 1941 there were
28 different major AC automotive products. There is a specialized engineering
and manufacturing staff for each one of them.

The original 1.5 empioyes have been increased to many thousand and manu?
facturing floor space occupies approximately 1,208,000 square feet, equivalent to

    
  
 
 
  
 
   

.Ilbone: This modern plan!
is dcml?ed in {he
of spark p1ur}s..
Right: Hospital and Person-
nel Buihliny; Below: Hem-ur?
ing of (L firing

kiln by (when, IWromel?cr. Abe (1 Machine gun assembly

line of AC. The weapons are

about 30 acres.

In Canada, AC products are manufactured in St. Catharines, Ontario; in
England they are made by the AC Sphinx Sparking Plug Company at Dunstable,
and in France they are produced at Clichy, near Paris.

Attesting to quality and ?ne performance, AC spark plugs are chosen as
standard equipment for more new cars and trucks than any other make of spark
plug, while other AC products are also leaders in their field.

This leadership is considered an outstanding achievement in View of the
intense competition in ?eld. For instance, there are about .100 companies
engaged in the manufacture of spark plugs. There are five competitive concerns
making speedometers, and a large number of competitors building silencers,
instruments and other products, all of them constantly ?ghting for business.

Yet, in spite of this constant and strong competition, AC has been able to
maintain its position of leadership and its reputation as a builder of strictly
quality products.

In 1940, AC erected a new spark plug plant on the Dort highway. Entirely
self?contained, it is the world?s most modern spark plug plant.

Here is also manufactured the newly developed AC aviation spark plug,
declared by engineers to be the greatest spark plug contribution to aviation.
The United States government and aviation engine builders are using these AC
spark plugs in big bombers, fast pursuit planes, tanks. They are also used in
commercial planes and all types of aviation engines.

When a contract for machine guns was given AC by Uncle Sam in September
1940, starting from scratch, ?the ?rst gun was completed six months later, just
10 months ahead of schedule, one of the most. remarkable engineering and
manufacturing achievements connected with the national defense program.

major automotive products include: air cleaners, ammeters, carbureter
intake silencers, die castings, die casting machines, ?ame arresters, ?exible
shafts and cables, fuel pumps, fuel and vacuum pumps, gasoline gauges, gasoline
strainers, engine bearings, instrument panels, oil ?lters, pressure gauges, radiator
pressure caps, re?ex signals, spark plugs, spark plug cleaners, speedometers
tachometers, thermo gauges.

    

for the U. S. 

 

Right: 

 

 

Main Office building on
Dart Highway.

Waruef-Sc?c?fer Car?ureter

arvel-Schebler Carbureter Division of Borg-Warner Corporation began
as two Indiana carbureter concerns, later combined at Flint, Michigan.

B. N. Pierce and George M. Schebler, partners in violin making at
Indianapolis, invented two carbureters and decided to divide up and ?nd ?nancial
backing to go into production. By the flip of a coin, Schebler won the air vaive
model and Pierce got the design which he called the Marvel.

Sehebler was ?nanced by Frank 11. Wheeler, picturesque promoter whose 10-
gallon bats were familiar to Indianapolis, and formed the \Vheeler?Schebler
Carbureter Company. Indiana?s leading pharmacist, J. Richard Francis, backed
Pierce to form Marvel Carbureter Company in 1908.

By 1912 Buick Motor Company at Flint was such an important customer of
Marvel that Mr. Francis moved the business into a former harness factory at
Flint, right beside a whip Socket factory that continued in production until 1921.

Of?cers of Marvel in 1912 were President, M. G. Reynolds of Anderson,
Indiana; Vice?President, Floyd A. Allen, then assistant to the president of Buick;
Secretary-Treasurer, J. B. Francis. Capitalization was $50,000. In 1920 Marvel
moved into a former automobile and carriage spring foundry plant. It now has
nearly 100,000 square feet of floor space.

    
 

 pant Company

The Flint plant and laboratories of the du Pont Company, operated by the
company?s Finishes Division, are devoted largely to the manufacture of ?nishes
for automobiles. Waxes, polishes, cleaners and similar automotive specialities
are made at the works, as are supplementary automobile ?nishing materials

Mamet", including primers, surfacing agents, surfacing putties and lacquers.
5:331:31 The du Pont activities in Flint date from 1918, when the company purchased
Avenue. the plant of the Flint Varnish and Color Works. Capacity of the plant since that

time has been more than 'trebled, the personnel growing from 150 to more than
300 including the technical staff at the laboratory.

A program of research and scientific control is carried on at the laboratory.?-
Some of the recent work there has led to development of new cleansing agents,
sealers and anti?rust compounds for automobile cooling systems. Other important
developments include improved and more economical automotive undercoats.

 

tip to 1932 more than 8,000,000 carburetors had been built in the Flint plant
of Marvel, as many as 1,000,000 in a single year. Before the depression, pro-
duction averaged 6,000 a day.

in 1925 Marvel acquired the patent rights of the Hayfield carburetor, then
produced by the Benccke-Knapf Company of Chicago. lt absorber] the Johnson
Carbureter Company of Detroit. and in 1928 bought out its sister company,
Wheeler-Schehler Carburetor Company of Indianapolis, which was moved to .
Flint in 1931 and merged with Marvel in 1934, to form the Marvel?Schebler . I 
Carbureter Division. Marvel already had joined three other companies to form 
Borg?Warner Corporation, which by 1935 included ?fteen automotive parts
producers, with assets of more than $35,000,000. Every make of American car,
and many foreign makes, contain at least one BorgWarner product.

Plant of the General
a ace rat/e oac Foundry d? 

?ar?luring (fontpartv,
Palace Travel Coach Corporation was incorporated in [933. The ?rm manu- ltmul.

factures a well known, complete line. of trailer coaches for recreation, temporary
housing and for commercial purposes.
Palace products are among the. most outstanding in the industry. They are

ld throu a Palace Dealer ranization that covers the entire tinited States. C- 
g, enera (09 g. 0.

in foreign countries, Palace products are sold widely through the concerns

 

export company. The (lencral Foundry Mfg. Company, and its predecessor companies have
operated in the Flint. area for over twenty years, starting with the Flint Foundry
Company, which was originally located on W. Kearsley street. For the past

Palace Travel (barf, 15 years main operations have been on the southeastern corner of the. City, where
Plunl- the company occupies L5 acres. The main plant has an area of 100,000 square

Ht'm i/tt'lt Hourleet equipment lor melting and pouring I00 tons of tron daily.

Brake drums, brake shoes and other parts for large trucks and commercial
trailers are the chief products; also quality castings for many industries.

In 1930 the (ieueral Foundry became a licensee for the use of the Vleehanite
process??a process including a number of important patents for the melting of
iron particularly adaplihle to the production of ?ear resisting, tough, high
strength and easily?machined ?astings.

 

44W seam

The cultural development of the city has kept pace with its industrial ad?
vancement. The same men who made Flint great industrially, have contributed
much to the social, cultural and philanthropic life of the community.

The Community Music Association acts as a general clearing house for all
?elds of musical expression, and in recent years, Flint has earned the reputation
of having more people actively participating in musical events, on a per capita
basis, than any other city in the United States. Its activities include a 
orchestra, an opera season, several ?ne choral societies, a capella choirs, numer?
ous bands, orchestras, and other musical organizations. It conducts National
Music Week in May and the Yuletide Festival at Christmas time. It has a
library for the lending of music and books on music for those interested.

The Flint Community Music Association sponsors the Flint Civic Opera,
said to be the only one of its kind in the world, in that it is put on by all unpaid
performers.

MOTT F0 UNDATION

We have in Flint an unparalleled program for the promotion of child welfare
and adult recreation and education?the Mott Foundation, endowed by Mr.
Charles Stewart Mott and co-operating with the Board of Education. Its activities
are divided into three divisions: Children?s Health Center, Mott Camp for less?
chance boys, and the recreation and adult education program. The Children?s
Health Center served 3,175 children, making 8,726 visits to the clinic during the
year. Mott Camp provides a three-week visit for 384 less-chance boys during the
summer months. In the adult education group, 100 different activities were offered

to 31,366 people in twelve months. The Foundation has ?lled a much?needed
place in our city, and its activities have been of inestimable bene?t to our people.

CLARA ELIZABETH FUND

The Clara Elizabeth Fund for Maternal Health was created by William S.
Knudsen as a memorial to his wife for the benefit of the mothers of Flint.

Integrating its activities with the City Health Department, the Fund
augments the number of public health nurses, carries on baby care conferences,
and each week broadcasts a friendly chat with mothers.

Prepared parenthood classes for men and women stress the need for adequate
medical care before, during, and after birth. The Men?s Forum is unique in that
it is the only educational program of its kind in the nation that is carried on
continuously. Classes are open without charge.

  

Hurley hospital, St. Joseph hospital,

THE 1. M. A.

The Industrial Mutual Association is an association of factory workers,
providing educational and recreational opportunities for its members. The
association has a fully equipped 400?acre summer resort at Potter?s Lake, a
completely equipped baseball ?eld and an auditorium having a seating capacity
of 6,500 which was built at a cost of $1,250,000.

 

An Easter celebration in the Industrial Alumni Association Auditorium.
Inxcl, exterior rim! of the building.

 

 

ART INSTITUTE

The Flint Institute of Arts occupies a prominent position in the cultural
life of Flint. Contributing to local Art appreciation with lectures by
some of the most prominent art authorities in the country and augmenting a ?ne
permanent exhibit with outstanding collections from the famous galleries of the
world.

The Institute boasts of a very ?ne school of art, conducts classes in drawing.
painting, sculpture, ceramics and weaving.

A good reference library containing some of the ?nest books on art is available
to the public.

GENERAL MOTORS INSTITUTE

The General Motors Institute is a central agency in education and training
conducted by the General Motors Corporation in the furtherance of its broad
policy of developing men and women for the various branches of its world?wide
organization.

The Institute program covers practically every phase of operations of the
Corporation and includes resident courses conducted at the Institute and exten-
sion courses conducted at the plants and in the ?eld for the dealers and distribu?
tors. N?lany of the courses enable men and women now employed to prepare for
advancement or to meet requirements of new developments in their ?elds.
Others provide foundation training for new, beginning employees, including a
four year (Io-operative Engineering Course of college grade to prepare young
men for future responsible connections in G. M. Divisions, and a corresponding
two year co-operative program to prepare men for future responsible connections
with dealers and distributors.

Last year approximately 15,000 men and women received residence or
extension training in the program centralized at the Institute. Important
contributions are also made to various nation?wide programs of training for
national defense.

General ll/Iotors Institute. Chevrolet and
West Third Avenues.

  

STADI Us?

The Atwood Stadium, an outdoor stadium in the center of the city built at a
cost of $125,000, seats 17,000 people, is large enough for regulation baseball and
football games, and provides a location for many activities. A new night ball?
playing lighting system was recently installed at a cost of $10,000.

FINE SHOPS

Flint?s retail trading zone has a population of 277,464; according to the 1940
census, while that of the city proper is 151,543. The entire community is well
served by up-to?date retail shops, ef?ciently operated and with excellent facilities.



Flint is a city of homes, thriving churches and splendid schools. 

The city's prosperity and soundness of its industrial, commercial and ?nancial
establishments has encouraged the building of many homes within the corporate
limits over the years. Thousands of homes have also been built in the villages and
territory adjacent to Flint. During the past year residential building permits
have been at high levels.

The churches of Flint are representative of the creeds and cults found
throughout America. The churches are well maintained and Flint is known as a
church?going city. The churches are rendering great usefulness and making a
?ne contribution toward higher character and loyal citizenship.

Flint is a city of exceptionally ?ne schools, outstandingly administered. The
schools offer thorough educational opportunities. Well equipped laboratories and
shops permit students to pursue almost any kind of an educational interest.
Night schools furnish adults with opportunities for self-improvement.

Flint?s school system has a nation-wide reputation. Not only have the schools
kept pace in a splendid way with the city?s industrial growth and development,
but they have earned a reputation for being among the most ef?cient in the
country.

Comments On Financial Reports

The accounts of the City otFlint and its Division of Water Supply have been audited annually by
Ernst and Ernst since 1939. Most of the explanatory comments are taken from their annual audit reports.

In order to preserve comparabiltiy, the Balance Sheet and Income figures reproduced herein have
been taken from the year-end Trial Balances of the Department. They are subject to any adjustments
made in the course of year-end audits. They substantially reflect annual trends.

Water Supply operations were conducted under a Board of Water Commissioners (3 members) from
December 1, 1903 until December 2, 1929 when a new City Charter was adopted (providing for Corn?
mission?Manager form of administration). This placed the Water Department under the supervision of
the Director of Public Works.

The FISCAL YEAR has been changed three times during the City's operation of the System as fol?
lowing:
Year ending November 30th?trom December 1, 1903 to November 30, 1913
February 28th??for 15 month period ending February 28, 1915
February 28th??~from March 1, 1915 to February 28, 1930
lune 30th??ior 4 month period ending Iune 30, 1930
Iune 30thm?from Iuly l, 1930 to date.

The ACCOUNTING SYSTEM in use by the private water company was continued through Novem?
ber 30, 1913, when a new chart of accounts recommended by the Detroit Trust Company was inaugur?
ated. On March 1, 1926, the uniform system of accounts prepared by the Michigan Public Utilities Com-
mission (under provisions of Act 38, P. A. 1925) was adopted and has since been followed. The accounts
are maintained independently of other accounting records of the City, on a full accrual basis.

All of the operations of the Division, including retirement of applicable bonded debt and replace?
ments of and addtiions to fixed assets, are financed from revenues derived from the sale of water. The
water rates have stood without change since 1919,- except for a surcharge of 50% added during the 3
years ending Iune 30, 1928 to finance a new dam and reservoir.

The City has no sewer charge. However, the cost of operating and maintaining the sewage dis-
posal system (since 1932) and current costs of the sanitary sewer system and the ejector station (since
1937) have been paid from the Water System Revenues. (Section 176 of Ordinance. 815 provides for
discontinuance of this practice after Iune 30, 1949.) For three years, the water system paid a license
fee on meters to the City, and in 1935 the voters approved a transfer of $125,000 from the Water Fund to
the City General Fund. The Water System has paid out $1,553,889 tor these purposes, as follows:

Sanitary Sewer

 

Year Ending Sewage System and License Fee
Iune 30th Disposal Ejector Station On Meters
1933 36,494
1934 37,910 
1935 43,030 48,990
Voted Transfer to General Fund 125,000
1935 47,046 59,318
1936 - 54,678 29,760
1938/1948 (11 years)

see Comparative Statement 786,392 $285,271 
Total $1,005,550 $285,271 $263,068

A BALANCE SHEET as of Tune 30, 1948 in comparison with lune 30, 1930, and a separate Compara?
tive Table showing year-end figures for the intervening period, are ?attached.

Page 19

Comments On Financial Reports (Continued)

Similarly, a REVENUE STATEMENT tor the Water Department operations for the year ending lune
30, 1948 is incorporated in Schedules A 6: with Comparative Revenue Statements from 1927 to March
.31, 1948 shown in aseparate Table. The 1947/8 Revenue Statement is completed as follows:

 

 

Water Net Revenues (Schedules A 6: B) $434,586 
LESS: Retirement (depreciation130,678 I
Interest on GO. Bonds $23,503
Interest Earned by Sinking Fund 12,954 10,549
Interest on Consumers' Deposits 8,747
Interest Earned by Meter Fund5,266 3,481
Balance 289,878
Sewage Disposal Expense 104,526
Sanitary Sewer and Ejector Station 81,952
Balance Carried to Surplus. . . . $103,400

Comments On June 30,1948 Balance Sheet

Accounts No. 111. 114 C. 125 A. 223. 223 C. 232 B. 270-2. Cash security deposits are required to guar?
antee prompt payment of water bills (see Section 15 of Ordinance 815) and have been credited with
interest at the rate of 4% per annum. Such deposits are accounted for in a separate Meter Trust Fund.
A substantial surplus was developed in this Fund by acquisition of Flint's high-coupon bonds at dis-
count prices during the depression. Interest accruals on deposits have exceeded earnings of the Trust
Fund in recent years, reducing the surplus to $7450 on lune 30, 1947. Accrual of interests on deposits
was discontinued in May 1948.

Account 111. Cash?General and Construction Fund is subject to unpaid portion of Capital Construc?
tion Commitments (approximately $422,000) provided for in the last paragraph of Section 17 of Ordi-
nance 815.

Account 115. Materials in Transit and 222 Accounts Payable are high as a result of bringing the deter-
minable portions of these commitments on to the books on lune 30, 1948.

Account 115. Inventory has increased substantially both because of higher price levels and the advisa-
bility of protecting against market scarcities.

Account 211. General Obligation Bonds were incurred for water system improvements and extensions
and mature serially as follows:

Year ending June 30, 1949 $212,000
1950 154,600

 

General obligation bonds of this character aggregating $3,643,084 (see separate schedule) have been
serviced as to principal and interest trom earnings of the Water System. The Water System formerly
deposited $13,000 per MONTH in the Sinking Fund for retirement of this debt. In recent years the
deposit has been reduced to $3,500 per month. Earnings on Sinking Fund investments have been
treated as general revenues of the Water Division, rather than added to the Fund balance. Funds
are now on hand (Account to complete payment of interest to maturity on this bal-
ance outstanding. In order to permit the Water System to embark on this new financing with a ?clean
slate", that portion of the debt principal, not covered by cash and investments in the Sinking Fund
(Account 123), has been included in the City's debt levy for 1948. The Water System revenues, are,
therefore, relieved of any further charges for this purpose after lune 30,1948.

Page 20

Comments On Financial Reports (Continued)

Account 123. Water Revenue Notes were issued February 25, 1948 to complete provision for financing
the South Side Distributing Center. They are due Iune 30, 1949. Full provision has already been made
for interest. Payment of principal is provided for in Section 17?3 of Ordinance 815..

Account 251 A 6. Deferred Refunds?On Water Main Contracts and Special Assessments. It has been
the policy of the Water System to ?nance the cost of all water laterals. Where such laterals have been
requested before prospectvie earnings would justify the capital outlay, property owners have been
encouraged to finance the intsaliation subject to reimbursement by the Water Division when certain
defined earnings were produced. The time of reimbursement is largely at the discretion of the Water
Division. Provision for these repayments is made in Section 17~5 of Ordinance 815 extensions 
HERETOFORE or hereafter constructed."

Overall Financial Showing of the System
As reflected in the June 30, 1948 Balance Sheet

With rates unchanged since 1919 (except for 50% surcharge in years ending 1926/8) the earnings
of the system (without any tax contribution) have built up the following:

 

Plant and Distribution System at cost of 8,748,000
Work and Construction in Process . . . 950,700
SUB TOTAL 9,698,700
Working Cash 512,000
Accounts Receivable 155,600
Inventory, In Transit and Prepaid Items 330,900
$10,697,200
Subject to the following liabilities:

Water Revenue Notes $115,000

Accounts Payable and Bad Debt Reserves 183,200
Deferred Refunds 369,300 667,500
NET TOTAL $10,029,700

In addition, contributions to the cost of operating other City Departments

have been provided the amount of . . . 1,553,900
Total Capital Developed from earnings $11,583,600
Average annual amount for 441/2 years since acquisition in December 1903 260,000

(In addition, the System has provided interest at rates of 4.25% to 5% in retir-
ing bonded debt of $3,643,000)

MATTHEW CAREY

Financial Consultant
July 23, 1948

Page 21

General Obligation Bonds of City of Flint, Michigan, for Which Interest and Principal

Have Been Provided from Earnings of the Water Supply System

Amount of
Coupon Original
Date of Issue DESCRIPTION AND PURPOSE Rate Issue

Dec. 1, 1903 Purchase of System 5% ($130,000)
Dec. 1, 1903 Purchase of System 4% 82,500
Feb. 1, 1904 Series Purchase of System 4% 50,000
Sept. 1, 1909 Refund 5% issue dated Dec. 1, 1903 4% 130,000
Cost of Acquiring Water System. . . . $262,500

April 1910 Construction 5,000
Mar. 1, 1911 Extension of Mains 41/4 400,000
Oct. 1, 1916 Improvement Water Works and Extension of Mains 4 400,000
April 1,1917 Extend Water 41/4% 66,150
Mar. 15, 1918 Improvement 1918 A Improvement of System 5% 128,800
Mar. 15, 1918 Improvement 1918 Extension of Mains 5% 76,134
Mar. 15, 1919 Improvement 1919 Improvement of Water System 5% 78,400
Mar. 15, 1920 Improvement 1920 Extension of Mains 5% 400,000
July 15, 1921 Improvement 1921 Refunding Water Main Assessments 5% 100,000
Oct. 1, 1921 Improvement 1921 Refunding Water Main Assessments 5% 10,000
May 15, 1922 Improvement 1922 A Refunding Water Main Assessments 5% 10,000
Sept. 1, 1922 Improvement 1922 Refunding Water Main Assessments 25,000
Dec. 15, 1922 Improvement 1922 Refunding Water Main Assessments 43/4% 115,000
June 1, 1923 Improvement 1923 Water Works Improvements 41/2 982,600
Nov. 1, 1923 Civic Park Mains 1923 Water Mains in Civic Park 5% 53,500
Sept. 15, 1924 Extension 1924 Water Extensions 41/2 530,000
- Total $3,643,084

NOTE: Water Supply System has been on a pay?aswyou?go basis for improvements since 1924.

 

The following statement is given as a matter of information only; the proposed bond issue being
payable solely from the revenues of the Water System:

Financial Statement

Population 1940 Census, 151,543
Assessed Valuation 1948/9 

1948 Estimated, 160,000
$293,364,920

*Total Indebtedness Tune 30, 1948 $1,722,000.00
Less Sinking Fund 408,903.54
Net City Debt . $1,313,096.46
Per Capita Direct Debt (based on 1940 Census) $8.66
Percentage of Direct Debt to 1948 Assessed 0.45%
DIRECT AND OVERLAPPING DEBT
City Net Debt $1,313,096.46
School District Debt $1,254,000.00
Less Sinking Fund 879,133.12
Net School Debt . 3 74,866.88
TOTAL NET DIRECT AND OVERLAPPING $1,687,963.34
Per Capita Net Direct and Overlapping Debt (1940 Census $11.14
Percentage of Net Direct and Overlapping Debt to 58%
*Exclusive of Debt Serviced by Water Department.
Tax Levies and Collections
Total City Collected Amount Collected to
Levy Year of Levy to lune 30. 194B 6-30-48
1947/8 $2,221,496.76 98.19 $2,221,496.76 98.19
1946/7 1,975,084.64 98.35 1,965,209.22 99.50
1945/6 1,967,385.84 98.20 1,966,992.36 99.98
1944/5 2,018,201.98 96.22 2,017,394.70 99.96

1948/9 Tax Rates?City $7.25: School $6.73: County $17.14
Page 22

CITY OF FLINT, MICHIGAN
Division of water waste

PROJECTED RECEIPTS AND MAINTENANCE EXPENSE
Conforms with uniform System of Accounts
Michigan Public Service Commission, Effective January 1, 1944

Schedules A i 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average
for THREE Fiscal Fiscal
fiscal years Year Year Tentative
Account ending Ending Ending Budget for Estimates for
No. 6-30-47 6-30-47 6-30-48 1948/9 1949/50 1950/51
SCHEDULE 1 ESTIMATED ANNUAL 
601 $972,335 $1,127,446 $1,125,494 water Sale Billing (1) $1,160,000 $1,185,000 $1,200,000
601 41:311?11354 2,424 Adjustment for unbilled sales - 
973,606 1,126,092 1,127,918 Sub Ibtai 1,160,000 1,185,000 1,200,000
605 - - Fire Hydrant Service Charge (B) 13,660 14,000 14,000
607 8,792 9,383 10,216 Penalties for late payment I 9,500 10,000 10,000
613 563 3,105 4,868 Merchandise and Jobbing (C) - - -
421 335 195 278 Miscellaneous Rent Revenues I 200 200
614 A (D) (D) (D) Miscellaneous Operating Revenues (D) 11,000 7,800 _g,?00
983,296 1,137,775 1,143,280 TOTAL sures REVENUES 1,194,368' 1,217,000 1, 22 000
Less Eater Operation maintenance
- Expense (Schedule 3 below) 754,782 760,000 #770,000
4361453 478,595 4341536 439.5737 457.000 453.000
(A) Increases have been included to conform with estimates of increased use submitted by Large
Industries. No increase in Residential and other uses has been estimated.
(B) Hydrant rental charge (discontinued 2-28-30) will be reestablished 7-1-48.
(0) Mainly water service connections, installable at cost.
(D) Mostl income on Sinkin: - - or: viou ntor= A
SCHEDULE ESTIMATED ANNUAL OPERATION MAINTENANCE EXPENSE
SOURCE OF WATER SUPPLY
701-2 5,128 2,332 2,770 Operating Labor 2,772
702 176 194 167 Operating Supplies 2 Ripenses 290
703?1 1 2 - Repairs to Fixtures -
703-2 1 2 6 1,077 2,328 nepairs to Surface Facilities 1,536 .
700 . 6,581 3,605 5,265 Sub Total 4,098 4,100 4,100
3223M Posse PUMPING 1
711.1 3,058 3,133 3,292 Superintendence 4,709
2 20,145 22,655 23,415 Boiler Labor 23,458
3 22,483 24,247 26,226 Pumping Labor 24,125
4 8,263 2,139 - Miscellaneous Labor -
712-1 72,801 76,504 87,516 Fuel 102,925
3 380 429 298 Lubricants 437
4 1,979 1,902 1,913 Misc. Supplies 1 Expenses 2,000
713-1 5,247 6,036 4,013 Maintenance of and Fixtures 5,780
2 11,029 11,266 9,539 maintenance of Boilers 4 Accessories 9,896
3 8, 000 10,999 10,180 maintenance of Equipment 12,167
4 62 - - maintenance of Misc. Equipment 120
151,447 159,310 166.392 185,618 187,000 192,000
710 
721-1 1,138 1,392 1,646 Superintendence 1,150
2 2,494 3,566 3,604 Pumping Labor 5,004
722-4 56 102 152 Misc. Supplies Expenses 6
723-1 514 775 456 Maintenance of Fixtures 49
2 980 1,643, 1,234 Maintenance of Equipment 100
3 11 6 3 Inintenance of Misc. Equipment 800 

724 22,678 37,185 1 Power Purchased 40,000 
720 27,871 44,669 42,608 47,109 50,300 55.300
PURIFICATION

741-1 21,209 23,507 25,100 Superintendence 27,446
2 21,642 23,886 25,932 Labor 7 27,712
742 132,472 169,987 192,899 Purification Supplies 2 Expenses 215,340
743-1 1,809 4,439 5,919 Maintenance of Fixtures 1,220
2 8 6 046 27,862 Maintenance of Equipment? 34, 1
740 202,730 257,865 277,712 Sub into1 306,859 307,000 307,000
TRANSMISSION DISTRIBUTION
751-1 5,970 6,551 7,538 Superintence 7,174
3 3,090 3,449 2,224 mp5 and. Records 33912
5 12,934 14,915 15,298 Removing Resetting Meters 12,842
7 11,890 12,266 12,097 0-8113? Operating Lab?r 15,868
752 1,018 1,344 1,280 Misc. Supplies Expenses 1,458
753-1 982 1,805 971 maintenance of Bldge. Fixtures 531
4 8,065 11,415 18,785 do. Distribution Mains 12,899
#1211. 12.218, 13.410 1,217.732 ,40..u .SerYiQ?a 
6 l?,285 13,729 lg,412 d0. Meters 16,232
7 ,116 I 0 1 do. Hydrants 2,
750 76,568 86,077 101,458 Sub Total 97,1 97.500 97.500
- COMMERCIAL AND NEW BUSINESS
761?2 9,962 11,269 13,034 motor Readings 11,913
3 12,314 15,450 14,350 Consumers Accounts 13,796
4 17,948 20,328 20.578 Collecting 20,613 4
5 6 4,629 4,505 Contract Department 4,155
760 43,987 51,676 52,467 Sub Total 50,477 50,500 50,500
AND MISCELLANEOUS
781-11 5,871 6,380 9,435 Administrative Salaries 9,176
12 8,989 11,411 12,409 Other Salaries 12,438
21 3,651 3,727 3,933 Supplies and Expenses 4,112
22 3,065 3,318 3,574 Stationery and Printing 3,600
25 1,276 1,261 1,287 Insurance 1,400
2 4,121 5,301 5,143 Transportation 5,100
8 2 922 1,101 223 2 Egg
7 5-2 2,14 2 0 25,32 Pens one
37,046 56,408 61,403 sub Total 61,873 62,000 62,000
403 339 311 1,092 .uncubbncil?inLEJIJEL 1.300 1.300 1.300
104 g?g 252 ?21 3 300 300 399
546,838 660,180 708,694 10121 Operation 6 Maintenance 754,782 760,000 770,000

 

 

 

 

 
 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension system inaugurated in Spring of 1946
See Table showing RECEIPTS AND 1927/1930 1938/48? for EARNINGS BISTURY-

cm 01' 111111, 1110010111

I

water Supply System Revenue Bonds, Series 1 - Dated September 1, 1948
Estimated Receipts and allocations of Receipts, in accordance with Provisions of Ordinance No. 815, adopted June 28, 1948
As submitted to the Municigel Finance Commission

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revised

 

 

 

 

 

 

I
I

1310111147140 8110012an710 2011 I
Operutin BOND 2 INTEREST REDEMPTION Retirement I Balance Sewage
Cash and Year FUND for Proposed Issue of water I Available Disposal Improvement Surplus
Investments Capitalized Beginning HECEIPTS OPERATION interest Principal due Revenue TOTRL Columns 1, 2 8 4 Replacement Operating' Surplus Column 11 less Accumulated
__now on hen Interest July 1 MAINTENANCE 49,3.5i February 1 Reserve Notes ColumnsiE to 9 Less Column 10 Fund Fund Funds Columns 12 13 A Surplus
(1) (2) (35 (4) (5 (6) (7) (3) (9) (109 (11) {12) (13 A) (13 B). (14) (15)
31209003 None 1948 815194.360 754.782 8 49.583 - $115,000 91 .365 394.998 - . 9135.000 Amount 259.998 259.998
1949 1,217,000 760,000 59.500 - $45,000 - 86 ,500 352,500 910,000 - or 342,500 602,498
1950 1,228,000 770,000 59.500 0 18.750 45,000 - 89 ,250 334,750 10,000 deposits 324,750 927,248
1951 1,228,000 770,000 58,844 45,000 5,000 - 87,844 349,156 10,000 is at 339.156 1, 266, 404
1952 1,228,000 770,000 57,269 45,000 5,000 - 7,269 350,731 10,000 discretion 3340.731 1.607.135
1953 1.228.000 770.000 55.694 47.083 - - 355.223 10.000 of 345.223 1,952,358
1954 1,228,000 770,000 54,046 50,000 ,046 353.954 10,000 City 343,954 2,296,312
1955 1,228,000 770,000 52,296 50,000,296 355,704 10,000 Commission 345,704 2,642,016
1956 1,228,000 770,000 50,546 50,000,546 357.454 10,000 347,454 2,989,470
1957 1,228,000 770,000 48.796 52,084,880 357.120 10,000 347,120 3,3 6,590
1958 1,228,000 770,000 46,973 55,000 kg .973 356.027 10.000 346.027 3.6 2.617
1959 1.223.000 770.000 45.043 55.000 357.952 - 357.95? 490409569
1960 1.223.000 770.090 43.123 57.083 .206 357.794 357.794 4.393.363
1961 1,228,000 770,000 41,125 60,000 87 ,125 356,875 356,875 4,755,238
1962 1.223.000 110.000 132.925 60.000 86 .025 353.975 353.975 5.114.213
1963 1,228,000 770,000 36,925 60,000 865,925 361,075 361,075 5.475.288
1964 1,228,000 770,000 34,825 62,083 866,908 361,092 361,092 5,836,380
1965 1,228,000 770,000 32,652 65,000 867,652 360,348 360.348 6.196.728
1966 1,228,000 770,000 30,377 65,000 865.377 362,623 362,623 6,559,351
1967 1,228,000 770,000 28,102 67,084 865,186 362,814 362,814 6,922,165
1968 1,228,000 770,000 25,754 70,000 8 5.754 362,246 362,246 7,284,411
1969 1,228,000 770,000 23,304 72,083 865,387 362,613 362,613 7,647,024
1970 1,228,000 770,000 20,781 75.000 865,781 362,219 362,219 8,009,243
1971 1,228,000 770,000 18,156 75.000 863.156 364,844 364,844 8.374.087
1972 1,228,000 770,000 15,531 77,083, 862.614 365.386 365.386 8.139.473
1973 1,228,000 770,000 12,833 80,000 862,833 365,167 365,167 9,104,640
1974 1,228,000 770,000 10,033 80,000 860,033 367,967 367,967 9,472,607
1975 1,228,000 770,000 7,234 80,000 857.234 370.766 370.766 9,843,373
1976 1,228,000 770,000 4,433 80,000 -60,000 794.433 433.567 433.567 10,276,940
1977 1,228,000 770,000 1,634 46,667 -40,000 778,393 44 69 449.699 5
120,003 20111 36,795,360 23,074,782 1,063,942 1,700,000 - 115,000 25,953,724 10,961,639 P1 103,000 4135,300 10,733,333 10,725,539
us ep acemen un
i I We 2 3 100,000?
4000 I 30 rear AYERAGEII 1,226,512Il 769,159 I 35.465! 56.667 I - 3.833 I 3 .:124 I 3553333 I I 4:300 I - 3301333 I
Estimate of Annual Receipts (column 4), made by Louis E. Ayres and Matthew Carey, is total of yearly revenue an itemized on Schecule A attached.
Estimate of Annual Operation and Maintenance (column 5), made by Louis E. Ayree and Matthew Carey, is total of the yeerly expenses as itemized on Schedule 8 attached.
NOTE: Estimate for Operating Year beginning July 1, 1950 has been used for eucceteive years through 1977.
?ay 31: 1948 BONDS CALLABLE, in inverse numerical order. on end after February 1, 1955-0n any interest payment date~ at premiums as folli'?t
General Fund 8695.409.89 $25.00 12 Called on or after before 2-1-57 $12.50 if called on or'before 2-1465, but before 2-1-67
Capital Construction Fund 2,449.61 22.50 do. 2-1-573I d0. 2-1~59 10.00 do. 2?1-67, do. 2-1-69
697,859.50 20.00 do. 2?1?59 do. 2-1-61 7.50 do. 2-1-69, do. 2-1-71
Lesa capital construction 17.50 do. 2-1-61; d0. 2-1-63 5.00 do. 2-1-71; do. 2-1-73
Commitments 511,356.14 15.00 do. do. 2-1-65 2.50 do. 2-1~73; do. 2-1-15
120,003.3 No premium ifIcalled for redemption on or after Feb. 1, 1975
A CA However, moneys available for the red ?tion of bonds may be used instead to purchase bonds on the open market at the best
MUNKPALHNANCECONEHJANT price or prices obtainable, but not in excess of the redemption price.
BOX STATION 
J?m? 28? 1948 DETROIT 15. MICHIGAN

CITY or FLINT, MICHIGAN .
Division of water Supply and Sewage Disposal

BALANCE SHEETS

 

 

June 30, 1930 and June 30, 1948

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Account Account
No. ASSETS June 30, 1930 June 30, 1948 NO. LIABILITIES June 30, 1930 June 30, 1948
?lenn CAPITKL LONG Tins DEBT
321 Distribution Maine Canals $3,655,248.98 $4,384,383.06 211 General Obligation Bonds $2,934,500.00 366,600.00
323 Consumers Meters 299,899.13 402,966.80 water Revenue Notes - due June 30, 1949 - 115,000.00
325 Hydrants 297.596.98 355,165.27 TOTAL Long Time Debt 2,934,500.00 481,600.00
327 General Equipment 124,531.83 110,044.80
311/14, 322, Other water Dept. Plant Items 2,762,633.60 408 0.20 CURRENT LIABILITIES
318/20 324 TOTAL water Plant 7,139,910.52 8,660,930.13 222 Accounts Payable 20,180.72 167,547.57
360 Sewage Disposal Equipment - 20,953.97 223 Customers' Deposits - Active 158,947.67 220,576.12
370 Sanitary Sewage System - 66,013.30 223 do. - Unclaimed - 13,394.31
TOTAL Fixed Capital 7,139,910.52 ,747,957.40 224 matured coupons unpaid 527.50 725.00
135 werk Construction in Process 164,101.78 950,729.89 227 Miscellaneous Current Liabilities 1,365.35 542.59
Accrued Liabilities -
CURREHT ASSETS 231 Taxes Accrued 537.48 125.00
111 Cash - General Construction 232 A Interest Accrued on 0 Bonds 25,371.47 2,471.05
Funds 87,734.88 512,053.91 232 do. Customers' Deposits . 8 1 6.44
do. - meter Deposit Trust Fund 186,143.31 207,815.31 TOTAL - Current Liabilities 234,304.17 304,583.03
113 Accounts Receivable-Water Sales 122,993.78 136,860.76
do. - Miscellaneous 21,538.70 17,077.22 DEFERRED REFUNDS
Due from Special Assessments 11,814.59 441.00 261 A. On water Main Contracts 495.231.72 141,323.74
114 A Interest Receivable on 0 0'3 - 1,246.62 B. On Special Assessments 490,457.82 226,952.20
114 Accrued Interest on 3kg. C. Over-Assessments 1 006.04 1 00 .40
Fund 10,005.91 6,668.63 986,695.58- 369,281.34
114 0 do. - Meter Fund Bonds 3,788.52 5,283.85 JLRESERVES
115 Inventory - at Cost 252 Casualty 6 Insurance Reserve 4,968.97 -
Coal Chemicals 5,986.95 84,938.43 253 Uhamortized Discount on 3kg. Fund Bonds 3,995.33 202.00
Maintenance 8 Misc. Supplies 45,262.66 111,689.90 257 A Reserve for Bad Debts 844.39 15.735.50
materials in Transit 158.57 108,363.38 257 Cost Distribution Reserve - 0
116 Prepaid and Deferred Items 4 . 2 1 . 2 TOTAL Reserves 5 3,991.48 15,142.43
TOTAL Current Assets 498,901.46 1,218,358.33 
251 Reserve for Depreciation Retiremen
MISCELLANEOUS of Depreciahle Physical Preperty 1,230,055.78 3,666,878.32
123 Long Time Debt 5kg. Fund - Cash 476,501.06 107,623.60 Contributions for Extensions 6 59,472.78 368,216.14
do. Investments 238,215.54 207,580.00 270 at beginning of period 3,030,857.80 5,869,954.33
Cash for payment of Interest on 270 A Current Surplus Adjustments "55.19 1,200.04
LeTo Debt 28,154.47 229117012 270 Prefit 1% L033 Sale Of Assets 4.36 2,863.88
125 A Meter Deposit Trust Fund Investments - 135,871.99 do. Current Period 66,485.57 289,826.11
126 Cash for coupon payments _527.50 725.00 270-2 SURPLUS Meter Fund Earnings 6-30-47 9 - 7,450.21
Total Miscellaneous 743,398.57 473,417.71 Less Expenses of Current Period .
Sewage Disposal Operation 7 - ?104.526-16
TOTAL ASSETS 8,546,312.33 11,390,463.33 Sanitary Sewer E?ector 3661166 - -81 .
NET SURPLUS 3,097,292.54 5,984,827.02
See Table showing "Comparative Balance Sheets as of June 30, 1930 and 
1937 to 1948 inclusive? for'comparison in intervening period. In that TOTAL LIABILITIES 8,546,312.33 11,390,463,33
Table, the accounts have been rearranged to segregate Sinking and
Motor Trust Fund items.

 

CITY OF FLINT, MICHIGAN

Division of water Supply and Sewage Disposal
Comparative Balance Sheets as of June 30, 1930 8; 1937 to 1948 inclusive

MATTHEW CAREY
MUNICIPAL FINANCE CONSULTANT

sex 3703. KERCHEVAL srATron
DETROIT 15. MICHIGAN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I
400220 I 1930 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 3-31-48
liens applicable to 012:8"3188380 FUND and 23222 - 
111 Meter Trust Fund Cosh 186,143.31 46,563.83 34,369.02 39,079.54 40,879.01 78,280.62 134,645.52 156,646.48 73,762.04 110,153.68 136,291.12 195,904.45 202,310.70
1141 Interest neceivnb1e on 0's - - 178.34 566.32 734.90 1,464.14 1,301.65 1,022.13 1,544.98 4,598.42 5,133.87 5,763.68 11.66
1140 Incrued Interest on 313 rund bonds 10,005.91 10,901.89 10,365.48 9,877.31 10,355.18 9,719.74 9,028.06 8,670.37 8,311.03 8,167.28 7,722.00 7,202.23 4,622.43
1140 d0. Hater Fund bonds 3,788.52 1,792.20 2,000.84 2,420.92 2,388.53 2,053.53 1,699.74 1,524.17 1,472.85 1,411,35 2,114.65 3,182.09 3,093.11
123 Fund Cosh 476,501.06 223,714.80 181,651.92 211,591.41 256,290.37 267,290.37 272,790.37 153,623.60 136,623.60 88,123.60 76,123.60 161,123.60 183,623.60
Bonds 238,215.54 657,000.00 744,900.00 774,900.00 780,500.00 748,500.00 720,500.00 738,080.00 651,080.00 580,580.00 452,580.00 337,580.00 224,580.00
Cash for Interest 28,154.47 27,089.83 25,656.14 24,518.61 23,974.61 23,087.77 21,794.78 21,687.00 21,860.50 21,815.29 21,618.78 21,161.71 25,705.79
1251 noter Trust Fund Bonds - 326,916.53 220,280.85 223,671.94 230,322.01 205,495.64 158,063.62 144,530.56 238,291.59 209,180.74 191,220.89 - 139,502.57 135,404.65
126 Conn for coupon payments 527.50 2,082.50 807.50 2,932.50 4,745.00 1,445.00 2,422.50 1,820.00 45,375.00 1,647.59 7 8 0 1,085.00 4972,50
Sub Total 943,336.31 1,296,061.58 1,220,210.09 1,2 9,55 .55 1,350,189.61 1,337,336i81 1,322,246.24 1,227,604.31 1,138,321.59 1,025, 77-76 893,664.91 872,505.33 780,324.44

101 -
321 Distribution neine 2 Canals 3,655,248.98 3,884,755.02 3,885,842.17 3,967,264.57 4,092,472.12 4,100,305.72 4,152,083.82 4,152,083.82 4,153,129.49 4,153,129.49 4,363,003.35 4,382,279.37 4,384,383.06
323 GOnaumera' Meters 299,899.13 326,263.39 325,665.25 329,547.30 335,703.09 346,485.66 352,132.84 354,727.88 359,738.65 365,903.58 378,440.11 392,267.73 402,204.00
325 Hydrante 297,596.98 306,628.12 306,628.12 325,384.21 331,289.00 335,841.04 346,457.23 346,457.23 346,740.82 348,107.40 348,796.15 355,165.27 355,165.27
327 Coners1 Equipment 124,531.83 $03,518.66 102,772.92 102,645.25 96,222.87 98,625.45 97,612.73 81,862.15 82,294.85 82,224.85 85,023.12 105,899.53 107,894.04
311 314 319 20, other water Dept Plant Items 2 62 6 .60 6 6. 2,904,713.89 2,960,034.82 g,3g5,972.66 3,337,954.67 3,355,09 .5 3,353,97 .33 g,354,030.31 0 .14 3,370,3 .99 3,384,981.02 3,382,648.90
322, 321 Totel weter Plant 7,139,910.5g ,51 41. 7,525,622.35 7,684,876.22 ,2 7,659.2: ,219,212.54 ,30g,g g.?4 ,2 8,543,624472 8,622,g92.927 8,632,222.27
251 Less Retirement neserve 1,230,055.7 2,372,953.92 2,572,614.22 2, 32,017. 2,770,205.25 2,91 5 . 7 3,02 ,3 .28 3,1 0 .97 3,2 ,140.52 3,41 ,6 2.3 4 .1 3,633,6 .74
Net meter Plant 5,909, 54.74 5,152, 70.43 5,172,261. 5,555, 42. 5,449,007.29 5,393,329.07 5,2 0,727.1 5,016,360.84 5,127,022.36 5,073,913.76 4,998.62 .53
360 Sewage Disposal Equipment - 5,284.69 12,223.10 12,223.10 12,567.87 12,568.42 13,133.67 13,133.67 13,133.67 20,096.06 20,953.97 20,953.97
370 Sanitary Savage System - 2,161.58 2,184.17 2,184.17 2,415.02 2,415.02 9,569.76 65,374.00 66,165.66,073.30
Net Fixed Capitol 5,909,354.74 5,531,939.41 5,160,116.70 5,186,669.13 5,570,049.35 5,463,990.18 5,153,312.51 5,233,430-61 5,215,932.82 5,095,659. 1 5,213,191.72 5,160,941.03 5,085,655. 0
Construction in Progress? 164,101.78 86,352-38 298,992.56 444,628.38 41,346.22 57,346.05 7,028.66 172,958.97 213,154.72 237,417.55 16,172.74 79,647.54 571,659.18
111 Cash - General Fund 87,734.88 373,383-77 377,567.87 196,229.71 220,411.17 334,735.01 301,876.75 431,596.01 624,513.83 792,973.63 644,750.67 757,427.72 841,116.67
do. Capital construction Fund - - - - - - 4,739.09 20.423.55 126,516.17 321,603.52. 314,903.91 46,553o34
do. uer Public Horne145,207.83 66,414.25 21,784.47 39,765.63 38.165.16' 38,165.16 1
113 Accounts Receivable water 122,993.78 124,379.65 125,664.91 116,949.13 114,551.13 125,701.78 109,871.62 116,092.41 121,645.79 117,545.94 139,385.00 143,762.29 137,469.76
Misce1leneoue 21,538.70 41,506.57 14,416.24 159030-39_ 19,813.04 21,699.49 18,915.12 15,967.23 15,599.51 16,862.75 16,798.04 17,759.49 17,855.83
Due tron.specie1 Assessments 11,814.59 13,793.09 13,793.09 13,793.09 13,793.09 13,793.09 13,793.09 13,793.09 13,793.09 13,793.09 19,188.09 19,188.09 2,766.98
115 Inventory - at 6051:
Cool 8 Chemicals 5,986.95 14,680.93 22,603.23 15,504.14 10,343.26 14,950.26 26,831.88 35,001.97 15,810.42 26,351.57 51,235.21 62,909.34 74,423.46
unintensnce 1 Misc. Supplies 45,262.66 42,535.68 35,324.32 33,042.52 38,392.47 35,000.11 35,954.60 34,600.82 32,598.42 33.:g6385 55,486.75 102,409.15 120,611.61
Materials in Transit 158.57 5,194.94 327.58 31,381.52 1,727.55 3,072.38 3g,14?4?g 73,602.35 242,668.35 
116 D?ferred Charges 4 4.82 103668075 219121061.42 2 2 1.0
Sub Total 6,372,920.24 5,987,241.74 6.059.475-25 6,063,036.12 6,033,339.81 6,179,042-17 6,302,359.45 6,625,480.18 6.973.849.49 6.927.383.68
Total 7,316,256.55 7,283,303.32 792799685-34 793529594-61 793839529-42 724009485090 794063646-48 724402681-04 135679026930 7,519,145.09 7,846,354.82 7,707,708.12
11181112120 I II I
Items 03911021110 to 1411101 FUND and FEED
223 CustomersI Deposits 158,947.67 177,463.48 178,489.17 172,905.22 176,134.22 183,304.08 187,477.82 191,258.06 198,633.54 202,424.70 209,685.37 212,270.52 218,354.01
223C do. unClB?imad 8,452.58 8,467095 8,700.81 9,147.28 9,444.27 9,677.60 11,257048 11,604379 12,029.42 13,556.74
2328 Interest scorned on Customer Dep. 27,373.98 60,127.52 63,699.59 66,827.99 69,987.87 73,328.69 76,865.65 80,825.31 84,891.43 88,726.15 91,630.39 95,696.75 98,399.38
253 Unamortized Discount on 3kg Fund bonds 3,995.33 5,667.66 4,929.63 4,216.93 3,513.42 2,832.69 2,169.41 1,742.86 1,339.89 1,035.29 737.76 467.46 467.46
2538. do. Meter Depoait bonds - 2,225.25 1,8g9.28 1,454.58 1,118.62 8 732.92 482.16 353.28 230.92 124.71 34.95 - 
270-2 Surplus meter Deposit Earnings - 0. 9,0 7.70 11,8071.43 19,972.35 20,022.93 18,327.34 16,085.29 1 6 4 64 10,589.11 4 0.21
Sub Totel 190,316.98 251,464.68 258,045.37 265,664.81 274,461.22 2 7,130. 2 296,114.67 303,646.71 313,100.72 319,653282 327,317.90 331,053.26 338,227.35
211 General Obligation Bonds 2,934,500.00 2,009,500.00: 1,905,500.00 1,801,500.00 1,698,100.00 1,519,100.00 1,340,600.00 1,149,600.00 1,003,600.00 842,600.00 660,600.00 588,600.00 466,600.00
Revenue Anticipation Notes - - - - - - - - - - - 115,000.00
222 Accounts Feystle 20,180.72 48,205.33 46,586.03 770,478.93 21,413.40 44,299.90 30,082.07 27,028.58 17,050.04 59,416.27 100,593.76 280,463.63 32,305.72
224 natured Interest Unpaid 527.50 2,082.50 807.50 2,932.50 4,745.00 1,445.00 2,422.50 1,820.00 5,375.00 1,647.50 860.00 1,085.00 972.50
227 niecellensoue Current Liabilities 1,365.35 1,334.94 1,115.38 1,121.46 417.51 226.89 186.04 382.46 406.45 387.64 472.93 510.25 1,443.57_
231 Tense Accrued 537.48 180.00 120.00 130.98 140.00 140.68 142.32 140.00 120.00 120.00 150.00 125.00 50.00
2321 Interest accrued on Bonded Debt 25,371.47 16,366.41 15,013.62 13,660.86 12,311.02 10,947.85 9,588.85 8,031.90 7,131.24 5,886.86 4,337.85 2,784.54 6,710.77
252 Insurance Reserve 4,968.97 4,694.96 4,678.54 4,604.16 4,604.16 7
255 Contributions for Extensions 59,472.78 59,472.73 59,472.78 59,472.78 59,472.78 66,000.00 67,460.10 143,960.36 351,186.57 368,216.14 368,216.14 368,216.14 368,216.14
257 Reserve for Bed Debts -4,972.82 35,558.14 8,807.09 15,190.07 16,365.67 18,265.44 15,176.85 13,187.97 13,064.54 13,970.90 13,700.95 13,773.99 14,930.94
2614 Liebi1ity on Mains Contracts 495,231.72 346,963.22 316,963.22 301,963-22 301,963.22 260,100.00 257,719.04 242,719.04 215,662.01 200,424;07 188,549.24 177,726.92 141,323.74
Inter Heine Assessments Rapayable 490,457.82 473,637.50 455,573.74 447,034.91 439,261.75 433,063.34 429,412.32 222,065.04 221,782.15 222,211.56 227,399.56 227,186.90 226,952.20
0 Over Assessments 1,006.04 1,006.04 1,006.04 1,006.04 1,006.04 1,005.40 . 1,005.40 1,005.40 1,005.40 1,005.20 1,005.40 1,005.40 1,005.40
270 0022100 3,030,857.80 3,848,794.48 4,039,274.36 4,203,275.92 4,361,493.22 4,550,562.99 4,784,598.88 5,150,018-86 5,088,479.99 5,293,438.97 5,533,946.99 5,628,976.89 
2704 do. adjustment -55.19 169.15 -524.44 ?2,474.57 - - - 274.36 119.91 477.18 -.30 -99.25 955.07
2700 Profit 2 Loss - Sale of Assets 4.36 -81.91 1,057.78 3.03 -582.27 610.18 226.15 1,224.85 -214.51 46.90 407.97 3,644.30 1,848.90
do. Current Year 66,485.57 238,355.61 233,582.92 250.47%.50 2g7,752.41 232,362.24 292,812.06 215,289.86 343,760.88 241,254.23
Sever Expense Current Your - 4 400. 1 -6 ,3;4.59 - 5,2 2.01.4 - 2,001.70 -90. 2 - 9 ?9 1000.53 ~101,59 .72 -1 0 .16 -126,459.03 
Sub Tote1__ 7,125,939.57 7,031,838.64 7, 6,929.86 7,109,068.20 7.1411172-90 7,104,371.23 7,102,999.77 7,127,580.32 7,247,372.68 7,191,827.19 7, 33301-56 7.3 9. 0.32
TOtll 7,316,256055 7,283,303.32 7,279,685.34 793529594067 793837529942 794280303452 794009485090 794069646048 724402631904 795673?0250Jo 795199145909 708469354082 797079708012

 

 

 

 

 

 

F4 ESVV 
MUNICIPAL FINANCE CONSULTANT
sex 3703. KERCHIVAL STATION
DETROIT 15. MICHIGAN

0177 or mm, 7110010114

Water rates unchanged since 1919 except for Division of thier Supply and Suing. Disposal

 
   

surcharge of 50% added in 3 years ending June 30, 1926/8

Comparative Receipts Disbursement. 1927/1930 2 1938/1948 inclusive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   
  

 

 

 

 

 

 

 

 

  

to finance new dams and reservoir.
in Factory consumption due to Fiscal Year Ending February 23 4 Months! Fiscal Year Ending June 30 
Account \\long 1945/6 General Motors etrike I I Feb. 28 to 8 1945 9 6 Mir. 31
3336,; 1927 192 1929 1930 6420130 193 1939 1940 1941 1942, 1943 1944 i 1 4 - 194? 41245111
601 water 501. Billing 775,324.gg* 67g,g08.11 226, ?2.93 739.3g?.gg 715,592.69 746,768.63 824,256.16 819,g91.g6 834,095.48 918,915.49 1,127,445.55 859,842.21
601 A Adjustment for unbilled sales 50, 1. 5 .32 03.45 1, . 1 1,5 0.79 . -2 . 49?.01 2,115.57 -1, 12. 5 -213.5%. 18. . -1,354.22 -

6 Sub Total 806,225.27 63g,99 .66 744,320.14 22 ,253.72 740,210.22 715,567.94 747,267.64 27,031.73 17,519.11 33.1 1.9 921,233.88 962,056-08 32,613.32 1.12 .091.33 359.342-21
05 Hydrant Charge 71 45. 9 5 90.00 010.00 10 1 2.607 Penalties for 1.4. payment 5:252.36 6:341.90 7:095.1o 7:254.96 2,652.75 10,456.41 12,760.76 10,988.65 9,989.66 9,224.10 8,659.04 8,393.49 8,565.28 8.426-03 9,383.20 7,791.99
613 Merchandise and jabbing 19,512.53 22,366.43 1,219.97 1,060.84 412.33 2,389.83 3,650.0: 268.1% ?2,240.03 ?ag 2,2830%; 3,105.33 3,:9505:
421 Miscellaneous Rent Revenues .2 .2 .2 33.2 9.44 231.23 21 . 171.0 11 .0 0.0 310,00 00 32. 1 . 12,5

Tbtal water Revenue 893,908.81 990,745.83 781,701.07 785,29 .93 232,255.88 751,965.40 729,020.02 760,817.09 840,782.40 827,021.34 3 .37 .96" 927,782.34 967,691.37 43,422.42 1,138,774.98 71,102.29

700 Source of 'ater Supply 468.23 1,187.70 2,120.28 3,719.31 3,158.99 3,680.06 3,651.47 10,248.11 16,716.68 18,332.92 11,394.34 3,605.05 3,669.62
720 Electric Power Pumping - - . . . . 74o Purification 51,065.86 53,107.16 64,096.69 40,339.48 13,174.62 109:230.57 92:152.79 112:869.54 130:980.48 139:487.13 159:486.36 156:812.23 473,814.04 176,450.29 257:865.24 203:470.85
750 Transmission and Diatribution 43,381.31 53,883.63 53,164.94 54,908.47 22,510.74 55,956.52 60,645.41 59,684.15 60,486.66 70,783.40 6? ,347.72 68,154.11 70,053.92 73,571.89 86,077.16 73,838.39
7go Commercial and New Business 16,538.13 17,282.23 20,g78.36 6,692.37 31,725.22 33,452,34 33,353.93 34,252.00 36,822.32 36,192.42 39,353.31 41.13%.55 22,217.23
7 0 General and Miscellaneous 2 24410.02. 12 . 1 23,87332 26,621.31 20 .12 21, .90 22,9 2.402 Total Operating Expenses 211,304-48 228.353-17 258,311.31 234,384-35 33,277.15 324,432538 313,972.24 337,000.40 359,076.03 415,764.34 449,428.56 479,217.56 490,491.85 .5 .0 859,810.18 518,639.98
Lesa
403 Uncollectihle Bills 600.00 600.00 950.00 2,200.00 800.00 2,511.08 2,500.31 3,700.96 1,657.12 -3,782.00 57.03 ?375.93 674.94 30.52 310.78 1,138.23
:32 (D t' 110,073?43 115,520-88 121,691-84 1282?i?fi? 140,368'Eg 134,663bgg 122,313.12 135,?6??3? 127,;ig;52 12 312.22 126.38%.23 129.221;6? 12 158.59 28,013.52
0 ireman eprecia 1011 . . . . 
Balance from Water Operation >571,93o. 9 393,531.3 420,435.2 96,2 1. 2 3, 9 .97 2?7, 4 .75 290,791. 342,052. 9 279,4? .9 2 0,720.91 320, 2 . 349, 9.49 225,242. 25 ,091.
6 Interest on General Obligation Bonds 145,998.gg 143,721.35 138,182.02 134,447.14 44,417.32 89,129.21 84,284.53 72,532.16 74-, 593.33 66,513.50 53,330.05 53,271.34 43,333.62 35,335.49 27,283.31! 18,184.13
14 A Lees Interest Earned by 5kg Fund 2 2. 4 4.0 42 140. 31,652.21 15,101.25 .0 3 ,213.53 34,252. 1 34,13 .35 3 ,1 2.3,544.10
Nat 112,725.15 92,267.2 96,041.51 102,794. 7 29,31 .07 52,036.1 ,7 .3 43,25 .63 39, 3 . 2 31,777.15 2 ,600.73 19,774.35 8,107.33 6. 91.99 2,468.50 40.03
432 Interest on Coneumers' Deposits I - 4,145.51 477.23 5,753.28 479.44 7,164.24 6,946.93 6,961.56 7,202.54 7,444.37 7,571.70 7,796.62 9 7,978.37 8,315.71 8,501.83 6,549.56
614 Lees Interest Earned by Meter Fund - - - - 884. 10 3.23 0 .8 8,223.46 4 4. 5,818.16 4 2 5,280,;8 6 . 1,312.16
Net - 4,145.51 477.23 5,753.28 479.44 -2,720.11 13,431.35 -2,942.27 -1.79o.92 -50. 1.753-54 2.242-05 2.460-65 '3.035-53 3.13 .90, 5.177.40
Balance 459,205.74 552,704.01 297.012.62 311,887.11 66,485.57 234,582.92 232,311.74 250,475.50 304,206.69 247,752.41 232,366.64 298,812.05 339,121.51 215,314.96 343,836.50 241,274.23
SANITARY 
810 Sewage Pumping Station - - - - - 21,266.47 20,028.60 19,596.75 21,981.06 22,913.64 25,406.02 ?30,253.30 29,091.84 30,515.93 31,186.80 26,432.85
SEWAGE TREATMENT
820 Pressure Main 170m. 17, 1, tin 1 1,11,, 446.82 344.02 42.34 27.80 49.31 181.55 182.32 108.14 1 155,18 101,39 3 120.94
840 Secondary Treatment from General Fund to the later Department in 59552-85 49293952 49513-61 42181-42 50023-51 50?03-07 59131.59 50950-07 69812.70 79926-35 59589-05
850 Disinfection the fiscal year 1932/3. 4,466.87 6,213.08 5,926.54 5,727.39 5.070-55 5,049.17 7.015-99 7 5,970.38 4,902.85 7,484.86 4,488.34
:60 Laboratory 7,026.47 2,130.56 2,423.0: 6,526.04 2.226.;: 2.52:.01 2,235.38 1 8,972.44 2,363.51 19,5zg.77 6,226.3;
To General .Sub 702.1 - - - - - 37,487.48 36,503.95 33.839-85 35,523.77 39,359.73 46.504-99 48.945-45 55.094.36 ,437- 9 50,073.37
650 Less Sale of Sludge - - - - - - - - - 522.41 882.29 60 20 120.56 112.12
Net Expenses - - - - - 53,733.95 56.532-55 53.186.65 58,804.83 732,403-31 . 5-29 75. 75-31 76,809.41 85,150.39 9.504.13 76,394.10
- Sanitary Sever E?ector st tion - - - 3,660.64 8 49.62 3,932.20 g,a96062 12,528.33 24,188.81 58,552.11 6 4. 0 26,514.45
Net SewmrDeductiona a - - - - - ,394.59 85,282.17 2,11 . 6 01.4 2,001.70 90.325-69 96.000-53 101,598.22 123,703.16 126,459.03 102,96 .55
Balance Carried to Surplus 311,887.11 66,485.57 166,188.33 167,029.57 188,356.70 235,405.23 165,750.71 141,540.95 2029311053 237,523.29 91,611.80 1 217,377.47 138,305.68
Approximate equivalent of NET REVENUES - 
(as defined in 30 of Act 94 P4 1933) 746,637.66* 515,139.20 548,562.63 145,820.46 424,807.10 412,307.47 419,902.03 479,813.25 414,839.00 388,666.47 430,722.49 476,272.69 478,595.41 353,102-05 9 mos.
being the sun of ?732 Retirement? 428 043 25 
and ?Balance from Water Operations" on year 7? 33? 

 

  
  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Rates for Domestic Consumers

5/3 inch or smallest meteru?in Michigan Cities with Population of over 30,000. Steps and Rates expressed
in terms of Amount per 1000 cu. ft. (Service charges and other qualifying conditions shown on next page)

 

 

 

 

 

3?Bay City 5?Detroit 8?Hamtramck
STEP Water Sewer Water Sewer
20,000 $1.40 10,000 $0.78 $0.11 10,000 $0.86 $0.25
Next 180,000 1.00 90,000 .60 .11 90,000 .66 .25
Over 200,000 .85 100,000 .48 .11 100,000 .53 .25
9?Highland Park I4?Pontiac
STEP Water Sewer Water Sewer
1st 10,500 $1.50 1,000. . . $1.00 $0.15 100,000 $0.80 $0.40
Next 10,500. . . . . .. 1.10 900,000 .70 .30
Over 21,000.80 1,000. . . .65 .15 1,000,000 .60 .20
lZ?Lcmsing l7?Wyandotte
STEP Standard Off Peak (A) Water Sewer
1st 10,000 $0.80 4,000 $0.80 2,000$1.20 6,667 $1.575 $0.375
Next 30,000 .60 3,0001.10 13,333 1.275 0.375
Next 466,000 .30 5,000 .95
Over 10,000 .60 500,000 .20 10,000 .80 20,000 .75 .375
l?Ann Arbor 4?Dearbom 7?Gd. Rapids lB?Scrginaw
STEP Water Sewer 
1st 1,500 $1.50 $0.85 1,000 $1.75 10,000.. $0.85 667 $1.50
Next 23,500 .90 .50 9,000 1.00 40,000. . .80 12,667 1.125
Next 475,000 .80 .45 90,000 .90 50,000. . .75 53,333 .825
Next 9,900,000 .85 100,000. . .70 133,333 .750
Over 500,000 .70 .40 10,000,000 .68 200,000. . .65 200,000 .675
lS?Muskegon lS?Port Huron
STEP Water Sewer (0) Water Sewer
900. . $1.60 $1.60 50,000 $1.80 50% 4,000 $0.675
Next 900. . 1.50 1.50 50,000 1.50 of 36,000 .5625
Next 900. . 1.40 1.40 50,000 1.20 Water 40,000 .375
Next 900. . 1.25 1.25 150,000 .90 Rates 80,000 .2625
Next 2,400. . 1.10 1.10 200,000 .80
Next 9,000. . 1.00 1.00
Next 15,000. . .80 .80
Next 45,000. . .40 .40
Over 75,000. . .22 .22 500,000 .70 160,000 .15

 

(A) Rate for large industrial rates not advantageous for quantities less than 35,000
per month. 1

(B) Summer Billing based on water consumption in previous Spring quarter.

(C) Sewer Billing based on average Winter readings.
Page 31

a
?1

Comparative Summary of Charges for Water and Sewer Services for Domestic Consumers
5/3 inch or smallest meter?In Michigan Cities with Population of Over 30,000

SHEET CHARGE PER QUARTER

 

Discount for Prompt Payment

 

 

WATER Applicable to Deposit
1940 - COMBINED for Late .
9531335311 311:; 21153:: Amount SEWER BILL Pct. 3323;: Minimum Payment ?mum?
29.813 l?Ann Arbor . . . . . . . 1.000 $1.50 .75 $2.Yes
47.956 3?vBay City $2.00 None Service charge minimum 2.Non-Owners
63.584 4?Dearborn . . . . 1.000 1.75 . . . . 1.75 5% . - - -
1.523.452 5?Detroit .72 1,000 . . .. . .. 1.50 5% No
151,453 .. . . 900 2.00 . . . . 2.00 10% Yes
164.292 7?Grand Rapids . . . . . . . . . . . . . . . . . . . . . . 1.75 Service charge minimum 1.75 10%
49.839 8?Hamtramck .90 1.75 5%
50.810 9?Highland Park .. ?5
49.656 10??1ackson . . . . . . . . .08 . . . . 3.00 10 . . . . Non20wners
54.097 ll?Kalamazoo . .(A)
78.753 12?Lansing 1.95 . . . . Service charge minimum 1.47.697 13?Muskegon . . . . 1.850 3.33 1.67 5.00 10 Yes Non-Owners
66.626 14-?-Pontiac (W) 3.30 1.500 Service charge minimum 4.80 -
(S) 1.50 1.500 
32.759 15?Port Huron 1.50 Service charge minimum 1.50 5% - - - -
82.794 16?Saginaw (B) 2.50 . . . . Service charge minimum 2.10% Under '2 yrs.
30.618 17~Wyandotte .60 762 1.40 . . . . 2.cent per 100 cu. it. added after due date. (13) Effective 9-1-48. (W) Indicates Water. (5) Indicates Sewer.
SHEET BILL Based on Water Consumption of 1500 cu. ft.
Date o1 Reso- Rate in
lution or Billing NET BILL (giggigifbrle
grdmance Period. Servxce Water Sewer Comlaxned 11 Paid to Large
ontrollmg (Domestic) Charge 15111 When Due Industries)
Charges Less Discount
12?29-47 Quarterly lwAnn Arbor . . . . $1.50 $1.28 $2.76 $2.50 $0.99
6-16-47 Quarterly 3?Bay City $2 00 2.10 4.10 3.69 .765
9-17-43 Quarterly 4?Dearbom . . . . 2.25 . . . . 2.25 2.25 .68
. . . . Quarterly 5?Detroit .72 1.17 .16 2.05 2.05 .59
10-7-19 Quarterly . . . . 2.25 2.25 2.25 .60
4?23?42 Quarterly 7?Grand Rapids 1.75 1.28 . . . . 3.03 3.03 .65
Quarterly 8?Hamtramck .80 1.29 .38 2.57 .78
Quarterly 1.33 .22 1.55 1.55 .80
3-15-38 Quarterly lU?Iackson . . . . 2.11 2.11 4.22 3.80 .396
12-23-46 Quarterly ll?Kalamazoo .80 1.20 2.00 2.00 .20
8-13-45 Quarterly 12?Lansing 1.95 1.80 . . . . 3.75 3.00 .64
12-18-45 Quarterly 13?Muskegon . . . . 3.33 1.67 5.00 4.50 .63
12-7-45 Quarterly 14?Pontiac . . . . . . 3.30 1.50 4.80 . . . . .80
10-1-25 Quarterly 15??Port Huron 1.00 1.01 2.01 2.01 .15
12-8-47 Quarterly 16?Saginaw 2.50 1.94 . . . . 4.34 4.34 .675
5-1-28 Quarterly 17?Wyandotte .60 2 36 .56 3.52 3.17 1.0125
AVERAGE (14) 2.86 (16) .66

GALLONS PM. (?passed in 1,000,000 

so
.59

urly Rat. _f

. I
mil-ulna
?1 

?5 if 1'1; i 1, 11003755: 775;;- L'fgim 

35 GhartShoving . . ., ..Imum, minus and Average per Day 
Also
30 Ava-age Dlily for EACH FISCAL 
cm or rum, Imus?: ., 30
Division of Mar Supply Sewage Disposal 
5

- . - 25

Average for the month


?Average for the Your
.1. Zfi.i i'Z: 7  
5. ig?iz? MATTHEW CAREY
. . MUNICIPAL FINANCE CONSULTANT 5
PENOEECOT BUILDING

EOXS703IKEHCHEVALSTATIGN
DETROIT 15. MICHIGAN

 


- I

 
 

f: bdz?fcri?giiffg 1+3 f??aiifjfg?ij?ia:

1951777179942, ngih

manna PER 1m (expressed in 1,000,000 gun-m)

AMOUNTS USED BY VARIOUS CLASSES 0F CONSWS (in Million GALLONS)

chart showing um 08]

1101111111 Emma (Accounts averaging over $10 by 1 .1, 
on 0 

QUARTERLY BILLING Street a: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City .1 nuahin
$11001 Sub Largo Mostly ?5 TOTAL upruud in linion GALLONB
Banding. Railroads othar(B) 166.1 Industries RESIDENCES mm Unaccoun?tad 901mm 
(Feb. 28, 1922 59.2 88.0 125.0 272.2 1,166.0 920.6 2 358.8 646.2 00.0 
Feb. 28, 1923 70.5 115.1 178.9 364.5 1,588.0 806.8 2:759.3 635.6 $392.9 1922
Feb. 28, 1924 104.7 192.8 248.2 545.7 2,076.0 860.3 3,482.0 735.0 4,217.0 15?23
Feb. 28, 1925 141.0 126.2 254.2 521.4 2,071.0 688.9 3.281.3 581.7 3,863.0 1 1334
Feb. 28, 1926 171.8 134.5 335.5 641.8 1,752.0 851.8 3,245.6 637.6 3,883.2 192:
Feb. 28, 1927 149.6 185.0 425.5 760.1 1,949.0 914.7 3.623.8 612.5 4,236.3 '1 7 192
Feb. 28, 1928 169,7 168.9 333.4 672.0, 2,035.0 1,272.2 3,979.2 750.7 4,729.9 i 1928
Feb. 28. 1929 219.7 170.9 398.8 789.4 2,369.0 1,242.6 4,401.0 1,040.0 5,441.0 '7 I 1923
Feb. 28. 1930(4) 254.9 179.6 424.5 859.0 2,396.0 1,465.0 4,720.0 1,022.0 5,742.0 19 0
June 1931(4) 253.9 107.0 323.4 684.3 2,219.0 1,462.8 4,366.1 850.4 5,2161931
June 30, 1932 206.6 74.3 431.8 712.7 1,495.0 1,660.5 3,868.2 1,105.8 4,974.0 a I i i 1932
June 30, 1933 208.5 75.6 398.4 682.5 1,181.0 1,402.3 3,265.8 1,058.2 4,324.0 1? .-, 193
June 30, 1934 235.3 112.3 472.7 820.3 1,568.0 1,749.1 4,137.4 1,055.8 5,193.2 7?1 1932
June 30. 1935 215.3 95.3 508.9 819.5 1,539.0 1,719.3 4,077.8 879.7 4,957.5 51? . 7 7 75!, 1935
June 30, 1936 234.9 121.2 470.0 826.1 2,188.0 1,733.1 4,747.2 928.8 5,676.0 I I a ?1 '7 17.7 19 6
June 30? 1937 261.8 11209 53205 907.2 23233.0 1,817.0 4,957.2 995.8 5,953.0 3 I I -I 193
June 30, 1938 251.6 87.3 503.1 842.0 2,146.0 1,678.2 4,666.2 948.9 5,615June 30, 1939 281.5 79.4 481.9 842.8 1,869.1 1,842.3 4,554.2 954.8 5,509.0 4* I8, 7 (Li 1339
June 30, 1940 267-3 104.4 584.4 956.1 2,049.0 1,780.2 4,785.3 1,003.6 5,788.9 I ?8 - 34" i 19%
June 30, 1941 249.5 117.0 491.2 857.7 2,784.0 1,941.5 5,583.2 1,136.8 6,720.0 -- '1 g? 1941
June 30, 1942 268.9 86.2 552.3 907.4 2,480.0 1,862.3 5,249.7 1,038.0 6,287.7 im-L- II ..I 1942
June 30, 1943 238.9 65.5 514.9 819.3 2,854.0 1,822.0 5,495.3 1,227.1 6,722.4 3? ., 4 . ii 1943
June 30, 1944 220.2 61.4 480.1 761.7 3,603.0 1,936.1 6,300.8 1,016.5 7,317.3 :5 1944
June 30, 1945 222.1 64.8 550.9 837.8 3,700.0 2,018.5 6,556.3 737.7 7,2941945
June 30, 1946 226.7 53.6 480.6 760.9 2,498.0 2,126.7 5,385.6 839.1 6,224.7 a. .1 1945
June 30, 1947 234.3 84.7 516.? 835.7 4,813.0 2,378.7 8,027.4 909.6 8,937.0 ?bi fH :1 II 194?
"s i .-Hl 
(A) Consumption figures from Feb. 28th to June 30, 1930 have been omitted. I . Hi. 
(B) Includes Small Industries, Apartments, Hotels, Stores, etc.
(0) 121610085 estimated? for Consumption not 611190 at year and in years 1933 to 1947. ATT EW CA EY
FINANCE CONSULTANT
AMOUNTS SOLD 014mm 3:108 RATE (in Million CUBIC FEET) 1 ""2312: 
Equivalent Average shoving 3?
Under Adjustment Computed Gallons Sale Price for each rd. .9
Minimum $1.50 per $1.10 per $0.80 per Total for Total 0 15/89 1? 11111160 . 10 rm
Rates 1000 041.04. 1000 00.17;. 1000 00.174. Metered Unbillad 301d (1.000 000) Minimum Rate - 1
{10) (11) (12) (13) (14) (15) (16) (173 (13) (19) . 7. .
7 . 777 
Feb. 28, 1922 27.6 77.3 9.4 200.2 314.5 2,358.8 $1.00 1 1922
Feb. 28, 1923 30.1 78.1 9.8 249.9 367.9 2,759.5 .83 I 1923
Feb. 28, 1924 30.5 94.4 11.7 327.7 464.3 3,482.0 4.60 .96 . 1924
Feb. 28, 1925 33.0 93.1 11.9 299.5 437.5 3:231-6 4-66 ~97 5 1925
Feb. 28, 1926 36.5 97.6 11.8 286.9 432.8 3,246.3 7-02* 1.47* 1926
Feb. 28, 1927 49.5 7 86.3 11.9 320.2 467.9 3,509.3 1.43* i? i 1927
Feb. 28, 1928 57.1 119.6 14.4 339.5 530.6 3,979.5 4.534' 1.487 1 1928
. Feb. 28. 1929 65.5 129.5 15.8 373.1 583.9 49379-4 43-31 1! [all I i 1929
Feb. 28, 159.3 18.1 383.2 630.8 4,731.4 2.66 1.01 . 4 - 1 -- 1930
June 30, 1931(1) 62.8 174.8 17.0 327.5 582.1 4:366-1 2-33 1-05 43 I 1931
June 30, 1932 65.1 169.8 16.4 264.6 515.9 3,869.0 2.30 1.07 ii 7 1932
June 30, 1933 68.1 140.9 13.4 210.1 432.5 3.0 435.5 3,267.3 2.32 1.08 a 1933
June 30, 1934 64.0 174.0 15.9 292.6 546.5 5.1 551-6 44137-1 2~27 1-06 i 1 i? 1934
June 30, 1935 68.6 175.8 15.8 281.1 541.3 2.4 543.7 4,077.8 2.28 1.07 IE 7" mt: a} 1935
June 30, 1936 70.1 165.6 15.9 369.1 620.7 12.3 633.0 4,747.2 2.28 1.02 7; 4 7 7 . 1936
June 30, 1937 67.4 186.4 17.3 391.0 662.1 -1.2 660.9 4,957.0 2.26 1-03 .02. 1 o' .1 1937
June 30, 1938 72.1 177.7 16.1 368.5 634.4 -12.2 622-2 4.666-2 2-29 1.03 1 i .0 8, - 1938
. June 30, 1939 70.7 186.9 16.2 330.0 603.8 3.5 601-3 4.554-8 2.18 1.1939
June 30, 1940 71.4 192.5 15.9 353.5 633-3 4.7 939-0 44755-2 2-20 1-05 1 73 5' ?3 ?9 1940
June 30, 1941 92.0 182.9 15.9 439.6 730-4 14.0 744-4 5:533-3 1-95 1.01 3? Y0 1941
June 30, 1942 82.3 196.9 17.0 416.2 712.4 -12.4 700.0 5.25001 2.10 1-03 ?37 7?74?" -- 3 1942
June 30, 1943 95.2 159.3 15.8 453.4 723.7 9.0 732.7 5,495.3 2.1943
June 30. 1944 147.5 144.1 16.2 530.1 837.9 2.2 8?0-1 69300-9 1-77 .95 1" 11 9 .. 1944
June 30, 1945 13607 151.5 16.6 56501 869.9 4.3 874.2 6?556?8 1'94 ?95 I. 1945
June 30, 1946. 133.5 167.7 16.4 396.9 714.5 3.6 713-1 5335-5 1?32 1-01 ?3 1946
June 30, 1947 174.5 192.3 17.8 677.1 1.06147 8-6 1:070-3 3:027-6 1-61 -96 I . I 1947
74 50$ Surcharge on ntar bill. in thcso years 32 I


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Fiscal School 800000041 Eilos Private No. ?of 170. of water 1 Gallons Inter 1
POPulntion Census Valuation of Water Service Hetsrs Hydrante Pumped 8000011008 Sold Water Operating of. Depreciation 
00810 of city Ma. 1 000 000 Connection 000 000 Sales lb: 01180 $0.100 Char '1900 13.103 3.111 1990
1901 14.300 3.287 r901- 
1902 15,100 3,390 Private ownership I562
1903 13.500 3.175 28.15 1.639 213 1703 1
Nov. 30, 1904 13,900 3,235 28.43 1,719 216 not 1904 4 <7
N01. 30, 1905 16,400 3,510 29.55 1,881 223 available 1905
Nov. 30, 1906 16,000 3,518 30.49 2,065 1,961 231 304.3 1906
nov. 30, 1907 17.900 3,789 32.09 2,367 2,220 238 411.0 1907
Nov. 30, 1908 19,600 4,019 34.33 2,816 2,581 263 667.0 1908
Nov. 30, 1909 24,000 4,628 38.2 3,855 3,597 296 861.2 9 46,236 1909
Nov. 30, 1910 38,550 6,637 40.5 4,598 4,195 308' 1,594.1 53.246 1910
Nov. 30, 1911 40,000 6,664 45.29 5.029 4,906 327 1,206.9 62,908 424,392 38.8 1911
Nov. 30, 1912 40,000 7,848 59.65 5,236 5,416 364 1,198.5 69,802 33.662 48-2 1912
Nov. 30, 1913 43,000 7,501 65.33 5,778 5,828 394 1,279.1 85,984 39,635 46.1 1913
1914 45,000 8,091 - - - -1 - 7 - 7 - 1914
Feb. 28, 1915 45,000 8,553 6,506 1,491.2 15 months 119,819 62,532 52.2 8 7.34? 1915
Feb. 28, 1916 52,500 11,177 7,452 1,646.2 141.592 54.500 38.5 22.106 1916
906. 28, 1917 60,000 13,004 9,656 2,026.5 177.949 86.205 48-4 24.730 1917
7,0. 28, 1918 67.500 14,538 11,405 2,314.6 235.067 85.293 36.3 27.423 1918
900. 28, 1919 75,000 15,189 12,041 11,915 2,910.9 254,867 123,536 48.5 29.503 1919
Feb. 28, 1920 91.599 19,726 128.81 15,224 13,102 3,052.3 335.443 191.039 57:0 ?419.501 1920
Feb. 28, 1921 100,000 20,172 2140.7 156.01 17,212 15,985 3,288.2 81.7 2,687.1 439.831 243.055 55.3 63.528 1921
Feb. 28, 1922 100,000 20,882 144.4 158.49 17,681 15,785 3,005.0 78.8 2,358.8 430,818 218,156 50.6 77.095 1922
Feb. 28, 1923 110,000 24,029 136.2 161.85 18,414 16,874 3,394.9 81.2 2,759.5 472,186 215,651 45.7 57.945 1923
Feb. 28, 1924 130,000 26,113 141.2 201.76 20,252 18,787 1,425 4,217.1 82.6 3,482.0 560,382 226,068 40.3 60,658 1924
Feb. 28, 1925 130,000 26,384 154.3 221.53 21,912 19,397 1,612 3,863.2 84.9 3,281.6 550,328 238,475 43.3 84.949 1925
Feb. 28, 1926 135.000 28.978 159.4 263.02 23,621 20,892 3,883.9 83.6 3,246.3 845,165* 208,097 24.6 104,261 1926 7
Feb. 28, 1927 147,000 30,205 164.2 272.62 25,897 23,108 1,922 -4,236.4 85.5 3.623.8 806,326* 211,904 26.3 110,073 192 4 0474'r'r14
Feb. 28, 1928 147,000 35,563 176.5 307.01 29,212 26,294 2,033 4,730.3 84.2 3,979.5 908,168* 226,108 24.9 115,521 192 00020.1:
28, 1929 156,000 38,787 192.0 355.96 32,919 29,105 2,259 5,44 .8 80.9 4,379.4 667.999 266.562 39.9 121,608 1? 
Feb. 28, 1930 156,492 38.537 204.1 379.31 36,156 30, 5 2,391 5,742.2 82.2 4,731.4 744,380 237,971 32.0 153.127 19 CH
June 30, 1931 156,000 38,186 225.4 380.98 37.430 31.293 2.394 5,216.5 483.7 4.3660 691.013 207.936 30-1 149.122 1931
June 30, 1932 150,000 39,229 221.4 386.64 37.626 30.513 2.397 4,974.8 77.8 3,869.0 632,452 206,336 32.6 149,609 1932 
June 30, 1933 148,000 39.801 196.9 386.64 37,683 30,918 2,397 4,324.7 75.5 3,267.3 550,237 168,695 30.7 153,864 1933 7
June 30, 1934 148,000 42,425 172.1 386.72 37,874 32.706 2.397 5.1919 79.4 4,137.1 659.499 219.899 33.3 150.853 1934 4
June 30. 1935 148.000 43.331 171.1 386.77 38.059 32.799 2.398 4.957.4 82.3 4.077.8 660.655 245.794 37.2 147.774 1935 
June 30, 1936 148,000 43,829 170.3 386.77 38,274 33.009 2.398 5,676.5 83.6 4,747.2 721,194 300,255 41.6 144,269 1936 i
June 30, 1937 150,000 43,741 175.1 389.68 38,648 33,546 2,445 5,952.9 83.3 4,957.0 762.736 312,055 40.9 142,678 1737 1
June 30, 1938 150,000 42,832 181.0 395.99 38,956 33,539 2,483 5,615.2 83.1 4,666.2 740,210 327.153 44.2 140.908 1936
June 30, 1939 152,000 41,851 202.8 397.98 39,271 34,103 2,523 5.599.7 82.7 4, 54.8 715,568 316,713 44.3 134,661 1939 
June 30, 1940 151,543? 40,809 205.6 404.62 39.851 34,663 2,588 5,789.0 82.7 4,785.2 747,268 340,915 45.6 129,110 1910 5
June 30, 1941 152,000 40,109 202.4 408.16 40,700 35,718 2,638 6,720.3 83.1 5.583.3 827,032 360.973 43.6 137.761 1?41 .11 chart 3h
June 30, 1942 153,000 38,826 213.7 408.19 41,224 36,209 2,670 6,288.5 83.5 5,250.4 817,519 412,222 50.4 135,360 1942 .11 CITY
June 30, 1943 158,000 39.474 217.7 411.45 41.350 36.599 2,683 6,722.4 81.7 5.495.3 833,182 449,712 54.0 127,946 1748 3; 91'19199 
June 30, 1944 158,000 39.184 222.2 411.45 41,656 37,011 2,685 7,317.4 86.2 6,300.9 921,234 479,060 52.0 127,894 1741 
June 30, 1945 165,000 39.826 225.9 411.57 41,932 37,485 2,690 7,294.6 89.9 6.556.8 962.056 491.619 51-1 126.583 1?45 r. Figur?
June 30, 1946 165,000 37,525 229.3 412.43 42,435 38,059 2,713 6,224.7 86-5 5.385o5 832.673 488.916 53-7 129.264 1?4? b?
June 30. 1947 160.000 39.155 234.0 414.69 43.166 38.866 2.732 8.937.2 89.8 8,027.6 1,126,091 660,180 58.6 129,154 
. 1m 1U:

 

 

 

 
   

 
   

 
    
  

     

  
   

 
   
   

 

  

 

1991
1902
1903
1904
1905
1906
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1908

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1911
1912
1913
1914
1915
1916
1917
1918

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1920
1921
1922
1923
1924
1925
1926
1927
1923

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aotasIJIttoa o1 osuodxa Suranzado (it)

.MATTHEW CAREY
MUNICIPAL FINANCE CONSULTANT

PENOBSCOT BUILDING
CHERRY 3170

1936
1931
1932
1933
1934
1935
1936
1937
1938
19

1941
1942
. I L. . . I 1943
CAUTION: Figures are plotted on ratio paper 11944
so that slope between any two points indicates ?1 ?1 "Ji= (*21 19?5
percentage (rather than absolute) change1946

v] 7? 1 . I ?11? I. 1947

BOX 3703. KERCHEVAL STATION
DETROIT 15, MICHIGAN
4 

1.0? 

Chart showing GROITH FABTORS
CITY OF FLINT, HIGHIGLH
Division of water Supply Sewage Disposal
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