42 Chicago Bureau of Public Efficiency 



fund for other purposes are reimbursed from time to time by 

 checks drawn on the general fund. This feature is further dis- 

 cussed on page 55, under Auditing. It is suggested that the 

 fund be reduced to $500, and used only as a petty cash fund and 

 that $5,000 be allowed to the paymaster for the purpose of pay- 

 ing off discharged employees. Both funds should be reimbursed 

 in full each month. 



The Lincoln Park Board maintains a special fund known 

 as the Ohio Street Extension Fund. During June, 1891, contract 

 agreements were effected between the Lincoln Park Board and 

 some property owners along the lake shore for the extension of 

 Lake Shore Drive from near Bellevue Place southerly and 

 easterly to the north line of Indiana Street over lands that were 

 at the time covered by the waters of the lake. The work was 

 to be done by the Park Board and to cover the cost thereof, 

 abutting property owners were to pay the Board $100 per lineal 

 foot of frontage. The Park Board agreed to refund any excess 

 of the $100 per foot collected over the cost of the extension. On 

 December 31, 1910, there was a credit balance on the Lincoln 

 Park books of $19,900.60, on account of the collections Qver 

 the cost of the work to date and the Park Board was responsible 

 therefor to the property owners. Although this balance was in 

 the nature of a trust account, the money represented by it was 

 not kept in possession of the Park Board . At the same time 

 that the books showed a credit balance of $19,900.60 the cash 

 actually on hand as shown by the park books was only $3,793.93. 

 The treasury was replenished soon thereafter in excess of the 

 amount due the depositors, but, owing to the fact that the relation 

 of trustee and cestui qui trust exists between the Board and the 

 depositors, it is suggested that the money should be kept in a 

 separate deposit from the other park funds. 



III. TAXES FOR PARK PURPOSES 



POWER OF PARK BOARDS TO LEVY TAXES 

 Each of the ten park governments within the City of Chi- 

 cago, except the Lincoln Park government, is a municipal cor- 



