THE SECRETARY TO THE RUSSIAN PROTECTOR IN THINGS AND IN MORAVA, PRAGUE, inv. 1294, sig. 109-4/1048

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English Translation

In other words, the additional expenditure on the measures that have been accumulated would have to be covered by tax increases or by borrowings in the extraordinary plan, i.e. from the need to postpone work as a result of the war economy, which would have been financed from funds of the ordinary plan and for which the funds were also provided in the regular plan, an additional debt of the city would most likely arise. In order to avoid this effect, which is contrary to any sound fiscal policy, all the resources that the city will grow as a result of the narrowing of its spending capacity and which will result in apparent savings must be allocated for the purpose of reserve formation. As is generally the case today in the private sector, the special tax treatment of certain provisions, as well as the discussions on voluntary or compulsory provisions for house-ownership. What is right for the private industry, in this case also applies to the household budget and must be duly observed. It was therefore considered, when drawing up the supplementary plan, that the available residual funds l94l with ..... 137,925.456.-- K and the subsequent entrances to municipal surcharges with 21,300,000.- K in full amount for the formation of reserves, respectively exceptional- 11501