1958 Letter from Village President

To the Residents of Midlothian,

As the President of the Board of Trustees and the Village of Midlothian, I am proud to send you this report of what your local government has been doing during the past year.

Midlothian continues to grow in population and in importance in this southwest portion of Cook County. It is fast becoming a significant shopping center; a village of homes with ample school and recreational facilities; a village with improved roads, plenty of water and adequate sewers; a village protected by a top-notch volunteer fire department and an efficient police force.

Significant I think, is the work of all members of the Board of Trustees who devote their time and energies without remuneration to the welfare of the residents of Midlothian. We have a strong board – ready to work together after decisions have been made – but unwilling to act without full discussion and careful planning.

I hope you will all study this report and make use of it.

Respectfully submitted,

Henry J. Milen
Village President

1958 Report on Finances

Report on Finances

Financing the Village of Midlothian is a complex undertaking. Chief sources of revenue are miscellaneous receipts, Municipal Retailers Taxes, Motor Fuel Taxes and Real Estate Taxes. To recommend ways and means for these to meet the growing expenses of our village and to keep strict accounting of all funds in the job of the Finance Committee.

I should like to emphasize two things: (1) the village is at the present time, operating on a strict cash basis. All bills are paid as soon as they are due; all interest payments on bond issues are paid when due; all bonds have been retired on schedule; (2) the Municipal Retailers Sales Taxhas been of great assistance to this village – as it has to others – in meeting the ever enlarging costs of municipal government.

To make the income and outgoing of funds used for financing the government of our village as clear as possible, charts have been prepared which graphically display where the money comes from, how it is allocated to the various tax-supported agencies in your township – and what the Village of Midlothian does with the portion it reeives.

The charts on pages 8 and 9 speak for themselves.

The figures on which they are based were prepared by the village treasurer, Glen L. Pyles. Elaine Hoeltgen is Asst. to the Treasurer

Cash Balance
April 30, 1958

State Bank of Blue Island, Illinois

General Bank Account

General Corporate 9,170.00
Road and Bridge 268.61
Fire Protection 262.91
Garbage Disposal 1,842.91
Net Balance 11,544.43

Other Bank Accounts
Corporate Bond and Interest 143.64
Illinois Motor Fuel Tax 2,,792.46
Water and Sewer
Bond and Interest 1,704.30
Depreciation 2,849.58
Operation & Maintenance 20,969.72
Payroll 500.00
Escrow 2,750.00
Special Assessment 3,770.84
Total All Bank Accounts 47,024.97

John F. Goonrey
Chairman Finance