OCR Text |
Show Financial Report of Pleasant Grove City Statement of Revenues and Expenditure for the year 1958 GENERAL FUND REVENUES: General Property Taxes 62,763.21 Businesss Licenses 3uilding Permit Fees ,oonn Dog Licenses Fines and Forfeitures T'Iij nn Interest Income .'Via no State Liquor Fund Allotment 4.6JB.UV Class "C" Road Fund Allotment 7,292.88 Refuse Collection Charges ?'icn'S? Irrigation Water Rentals ,p, ii Irrigation Assessments Net 181 .52 Library Income 340.67 Cemetery Seasonal Care o ? ' Out of City Fire Service t-i en Miscellaneous Revenue 77.50 Proceeds from Sale of Street Improvement Improve-ment General Obligation Bonds 3, 500 00 TOTAL REVENUES $135,410 97 EXPENDITURES: Administration & General: Assessment on Water Stock $ 921.14 City Hall Expense 1,969 09 Contributions 130.00 Insurance and Bonds 4,250.23 Interest on Notes 1,000.00 Legal and Auditing 470.72 Office Supplies ond Expense 242.29 Ordinance and Publication 717.56 Planning Commission Expense 399.00 Salaries 3,533.16 Subscription ond Membership "5.30 Total Administration & General $14,627.49 Cemetery Deportment: Salaries 4'096 Sundry Expenses 639.90 Tools & Equipment 375.00 , Water 400.00 Total Cemetery Department 5,510.90 Public Library: Books & Supplies: 721.48 Lights 8. Fuel 153.47 Salaries 2,012.65 Sundry Expense 86.93 Total Public Library 2,974.53 Public Safety: HEALTH DEPARTMENT: City's Share of County Health Department Expenses 552.32 552.32 FIRE DEPARTMENT: Cost of Operating Equipment 305.94 Equipment 350.00 Fire Station Expense 227.38 Salaries 3,302.50 Sundry Expenses 222.03 Total Fire Department 4,407,85 POLICE DEPARTMENT: Civil Defense 18.65 Equipment 876.00 Patrol Car Expense 2,691.06 Salaries 15,086.62 Supplies &. Sundry Expenses 1 ,657.67 Total Police Department 20,330.00 Total Public Safety 25,290.17 Streets & Public Improvements: STREET DEPARTMENT: Cost of Operating Equipment: 6,278.60 Bond Election Expense 284.42 Equipment 6,836.96 Equipment Rental 13,600.24 Garbage Collection & Labor 3,408.95 Manual Labor 12,347.24 Materials 14,677.85 Street Lighting 3,714.45 Supplies & Sundry Expense 3,762.2 1 Totol Street Dept. 64,910.92 CLASS "C" ROAD FUND 7,292.88 7,292.88 PARKS & RECREATION: Improvements 1,856.88 Power Service 912.04 Recreation Expense 1,700.00 Salaries 1,808.44 Supplies & Sundry Expenses 6 1 4.22 Total Parks & Recreation 6,891.38 Total Streets & Public Improvements 79,095. 1 8 TOTAL EXPENDITURES GENERAL FUND 127,498.27 SEWER AND WATER FUND STATEMENT OF INCOME AND EXPENSE, 1958 Sewer Woter Total . Sewer Rental Charges 28,827.83 28,827.83 Woter Sales 45,276.25 45,276.25 Total Operating Income 28,827.83 45,276.25 74,104.08 Operating Expenses: Engineering 510.08 510.08 Insurance & Payroll Taxes 627.30 808.28 1,435.58 Legal & Auditing 312.81 336.14 648.95 Maintenance & Repairs 1,327.22 1,327.22 Miscellaneous Expense 172.18 677.17 849.35 O'fice Supplies & Expense 400.70 348.47 749.17 Office & Operoting Salaries 8,212.92 7,093.67 15,306.59 Operating Supplies --- 2,230.13 252.95 2,483.08 Power & Light 1,058.81 1,391.30 2,450.11 Truck Expense 264.21 711.49 975.72 Total Operating Expense 15,116.36 11,619.47 26,735.83 Depreciation . 11,226.59 8,912.09 20,138.68 Non-Operating Expenses: Interest on Bonds 12,880.00 630.00 13,510.00 Other Interest Expense 760.00 760.00 Paying Agents Fees 46.00 46.00 Total Non-Operating Expense 12,926.00 1,390.00 14,316.00 Net Income (Loss) for the Year: (10,441.12) 23,354.69 12,913.57 Bond Retired -- 8,000.00 8,000.00 (10,441.12) 15,354.69 4,913.57 SEWER & WATER BOND REDEMPTION & INTEREST FUND STATEMENT OF REVENUE AND EXPENDITURES REVENUE: General Property Toxes 5,860.63 EXPENDITURES: Bond Retirement 3,000.00 Bond Interest Expense 4,650.00 Paying Agents Fees 43.00 Total Expenditures 7,693.00 Excess of Expenditures Over Revenue (1,832.37) SEWER AND WATER BONDS PAYABLE Interest Original Balance Description Rate Date Maturity Terms Amount 123158 Water Bonds 3 7149 7159 3M Annually 30,000.00 3,000.00 7157-59 Water Bonds 3 12149 12164 3M Annually 15,000.00 15,000.00 12160-64 Sewer 2. Water Revenue Bonds 3 3-12 12154 12186 1959-58,000 395,000.00 372,000.00 Sewer Bonds 3-12 12155 12185 4M on 12163 Thru 68 5M on 12169 Thru 75 6M on 12176 Thru 85 120,000.00 120,000.00 Water Bonds 2-12 12155 12162 3M an 12159 4M on 12160 Thru 62 20,000.00 15,000.00 Street Improvement Improve-ment Bonds 4.15 12158 12173 3Monl2'l61 Thru 68 4M on 12169 Thru 73 35,000 00 35,000.00 TOTAL 615,000.00 560,000.00 CASH IN THE CITY TREASURY AND ITS SEVERAL FUNDS Cash on Hand General Fund 55.00 Cash in Bank General Fund 1,835.62 Cash in Bank Special Assessment Fund 42.20 Cash in Bank Cemett ry Perpetual Care Trust Fund 22,994.07 Restricted Funds: Contingencies & Improvement Fund 10,902.75 Bond Retirement & Interest Fund 1,720.00 Reserve Fund Bond Retirement - 21,590.00 Special Funds: Sewer and Water Bond Redemption & Interest Fund (2,331.28) Street Improvement Bond Redemption & Interest Fund - 44.38 TOTAL CASH ON HAND AND IN THE BANK DEC. 31, 1958 63,054.54 INVESTMENT IN CEMETERY PERPETUAL CARE FUNDS IN UNITED STATES SAVINGS BONDS Redemption Interest , Description Par Value Cost Value Received 1958 U.S. Savings Bonds Series "G" 6158-62 10,000.00 10,000.00 9,490.00 250.00 ATTEST State of Utah ) County of Utah ) ss I, Millen D. Radmall, City Recorder of Pleasant Grove City, Utah, do hereby certify that the foregoing is a true and correct statement as approved by the City Council of Pleasant Grove City, July 6, 1959. MILLEN D. RADMALL, City Recorder |