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THE COVINGTON NEWS — THURSDAY, NOVEMBER 4, 1976
Revenue and expenditure
in Metro areas increased
General revenue collected by
local governments in 74 major
metropolitan areas of the United
States in fiscal 1974-75 rose to
nearly $92 billion while ex-
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penditure reached SB9 billion,
each a $lO billion increase over
fiscal 1973-74, according to a
report issued today by the
Bureau of the Census, U, S.
Department of Commerce.
The change from fiscal 1973-74
to fiscal 1974-75 was a con
tinuation of the recent upward
trend in the financial scale of
local governments since 1971. In
fiscal 1971-72, general revenue
collected by all local governments
was $103.5 billion compared with
$146.3 in 1974-75; direct general
expenditure was $104.8 billion
compared with $143.1 billion in
1974-75; and outstanding debt
amounted to $120.0 billion
compared with $149.1 billion in
1974-75.
Os the $98.5 billion ($867.2 per
capital outstanding debt of local
governments in the 74 selected
SMSA's in 1974-75, about 19
percent of the obligations were
long-term debt incurred for locally
operated utilities. These included
water supply, transit, electric
power, and gas supply systems;
about 13 percent consisted of
interest-bearing short-term obliga
t ions.
Local governments in the 74
S.MSA's accounted for over three
fifths of all local government
finances in the United Staes. An
estimated 113.5 million persons,
some 54 percent of the U.S.
population, resided within these
arena as of July 1, 1973.
There are more than 14,300
local governments in the 74
areas, or 18.3 percent of all local
governments in the United States,
ranging from four in Honolulu to
1,172 in the Chicago SMSA.
In 1974-75, about 59 percent of
all general revenue of local
governments in the 74 areas was
derived from locally imposed
taxes, charges, and miscellaneous
nontax local sources, with
payments from States and the
Federal Government accounting
for the other 41 percent
Os all direct general expenditure,
15.4 percent was for capital
outlay, and the remainder
principally for current operation
but also included interest on
general debt.
Education accounted for 41
percent of all direct general
expenditure in the 74 SMSA’s in
fiscal 1974-75.
Potato water (left after pared
potatoes have been boiled in
water), used in yeast breads, is said
to help make the bread crustier
than usual.
Samuel B. Hay, 111, member of Troop 222 in
Covington, received the coveted Eagle Scout
Award Sunday morning during the worship ser
vice at the First Presbyterian Church. Left to
right are: Mr. and Mrs. Sam B. Hay, Jr., Eagle
“Sambo" Hay, S. J. Morcock, member of the Boy
Bankers elect officers
Bankers Jerry L. Savage of
Griffin and Alex M. Stewart Sr. of
Thomaston have been elected
chairman and vice-chairman of
Division Four of the Independent
Bankers Association of Georgia.
The two were chosen by represen
tatives of the 28 banks in Division
Four at a recent meeting in
Newnan.
Savage, who is president of The
Bank of Griffin, and Stewart,
president of the West Central
Georgia Bank in Thomaston, will
assume their offices in April, repre
senting their division on the IBG
Executive Council for a year.
Savage has been vice-chairman of
Ginn is Heart Fund chairman
Neil J. Ginn of Covington, attorn
ey at law, will serve as chairman of
the 1977 Heart Fund drive in
Newton County.
The appointment was announced
by Charles E. Rowland, Jr. of
Atlanta, state chairman for the
Georgia Heart Association's annual
campaign.
Mr. Ginn’s job will be to coordi
nate the activities of all Heart
volunteers in the county during
Heart Month in February. Mr.
Ginn attended Georgia Tech,
Georgia State University and is a
graduate of Atlanta Law School.
He is a member of Covington -
Newton County Chamber of Com
merce, vice-president of the
Kiwanis Club, Newton • Rockdale
Counties Lawyers Club and
Lawyers Literary Guild. He has
been practicing law in Covington
since January, 1975.
When Heart Volunteers visit resi
dents of Newton County at home
or at work in February, they will
bring information on how it feels to
have a heart attack and the emer
gency action that must be taken
NOTICE
OXFORD GENERAL ELECTION
Citizens who wish to vote in the December 8, 1976, Ox
ford General Election must be registered with the town
of Oxford. Those who are not registered with the town,
may do so between the hours of 8:30 A.M. and 4:30 P.M.
Monday through Friday at the Town Hall. Deadline for
registering to vote in this election will be November 23,
1976.
This election will be held to fill Posts 4, 5 and 6 on the
town council.
Qualifying fees for candidates have been set at $25.00.
Those wishing io qualify for these posts must do so no
later than November 23, 1976.
Eagle Scout "Sambo" Hay
the division this year. He will
replace Jack P. Keith, president of
the First National Bank of West
Point, in heading the division.
Banks in the division, in addition
to those previously listed, include
the First National Bank, Barnes
ville; The Commercial Bank,
Bowdon; Carrollton Bank, the
Peoples Bank and the West
Georgia National Bank, all of Car
rollton ; Bank of Covington and
First National Bank, Covington;
Bank of Heard County, Franklin;
Greenville Banking Company,
Greenville. a ।. q
Commercial Bank <S Trust Comp
any, Griffin; Bank of Hampton,
t
Neil Ginn
when heart attack occurs. Some
12,000 Georgians die from heart
attack each year, more than from
any other cause of death.
“Tragically, most of these heart
Scout Atlanta Area Council Executive Board who
made the presentation, Scoutmaster Tom
Rowland, and former Scoutmaster John Strauss.
Mr. and Mrs. Hay received a tie clasp and
“Mother’s Eagle Pin” to wear in honor of their
son’s achievement.
Hampton; Mclntosh State Bank,
Jackson; Peoples Bank of La-
Grange; Bank of Manchester and
Farmers <S Merchants Bank, Man
chester; Bank of Mansfield; First
National Bank, McDonough; First
Bank of Clayton County, Morrow;
Clayton County Bank, Riverdale;
First State Bank, Stockbridge;
Bank of Carroll County and Bank
of Villa Rica, Villa Rica; Wood
bury Banking Company, Wood
bury, and Woodland Bank,
Woodland.
Ancient kings required that
those attending court wear special
garb, such as robes of elaborate
design and in expensive fabrics,
according to the American
Formalwear Association.
attack victims die before they reach
a hospital,” Ginn pointed out.
“Hundreds of lives can be saved
each year if everyone learns to re
cognize when a heart attack is hap
pening and knows what to do to
get medical care in the shortest
possible time.”
In addition to education for the
public and for doctors, nurses and
other health professionals, the
Georgia Heart Association supports
heart research, provides instruction
and certification in CPR (cardio
pulmonary resuscitation) and other
emergency cardiac care and fights
high blood pressure — the "silent
killer” — through education and
screening. The Georgia Heart
Clinic System offers diagnosis and
treatment to indigent heart
patients.
“We must see that this vital work
continues,” Ginn said. “I will be
calling on many residents of
Newton County to help with the
Heart Fund drive in February, and
I hope the response will be in pro
portion to the seriousness of the
heart disease problem.”
