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Show Disbursements for 1941 46,584.77 Actual funds available January 1, 1942 1,844.68 Taxes due from Salt Lake County 1-1-42 22,247.47 Total $24,092.15 Assets and Liabilities ai of December 31, 1941 Assets: Cash available December 31, 1941 $ 1,844.68 Taxes due from Salt Lake County Dec. 31, 1941 22,247.47 City Hall , :.. 15,741.52 Fire Station No. 1 8,170 00 Fire Station No. 2 4,800.00 Cemetery 1,207.00 Waterworks 150,000.00 Fire department .'. 30,000.00 Water department equipment 6,723.58 Street department equipment 1,000.00 Paved roads 1 47,000.00 Garbage dump ground 500.00 Sewer project 24,000.00 Freeman flood water channel 3,000.00 Cement sidewalks 20,000.00 ' .$336,234.25 $336,234.25 Liabilities: Bonds outstanding $51,000.00 Notes outstanding 1,500.00 Miscellaneous accounts payable Jan. 1, 1942 .. 637.07 Total liabilities $53,137-07 $ 53,137.07 Net assets over liabilities $283,097.18 MISCELLANEOUS INFORMATION 1940 assessed valuation was $2,017,140. 1941 assessed valuation was $2,015,097. Taxes collected on 1941 valuation including delinquents was 100.9 per cent. Tax levy for 1941 was 15 mills. State of Utah, County of Salt Lake ss: I, Eugene Morris, City. Recorder of Bingham Canyon, Utah, do hereby certify the foregoing statement to be a full, true and correct report of the financial condition of the City of Bingham Canyon, Utah, as shown by the records for the year ending December 31, 1941. In witness whereof, I have hereunto set my hand and affixed the corporate seal of said city this 19th day of February, 1942. Q5EAL) City Recorder ! FINANCIAL STATEMENT OF THE CITY OF BINGHAM CANYON, FOR THE YEAR ENDING DECEMBER 31, 1941 RECEIPTS General taxes $29,870.79 State Road Motor Vehicle Fund 1,410.36 Merchants License 3,228.80 Doer License 800.00 Peddlers License 67.00 Tines and Forfeitures 1,510.00 Dog License 146.50 Cemetery Revenue 435.00 Water Revenue 8,211.88 Kent from County on Sheriff's Office and Jail 720.00 Miscellaneous Revenue - 77.78 Sale of Right-of-way in Dry Fork Canyon 1,125.00 i)alo of portion of heating system in Civic Center Bldg 300.00 j Qrand Total $47,903.09 DISBURSEMENTS General Fund Mayor $ 600.00 Members of City Council 1,500.00 Treasurer 300 00 Recorder 1,800.00 City Attorney 600.00 Custodian 780.00 Premium on compensation insurance 573.99 Advertising 187.70 State Municipal League 115.00 Civic Center ' 86.72 Auditing Books 270.98 Auto Parking lot 50.00 Engineering 191.00 Assessing and collecting taxes 325.98 Donations 36.30 Collecting Dog License 73.25 Celebrations 171.27 Insurance on City trucks . 171.00 Election expense 183.69 Coal for City Hall 229.16 Lights for City Hall 162.53 Linen for City Hall 62.50 Office Supplies 10726 Telephone charged to City Hall 142.20 Building repairs :. ' 223.41 Cemetery expense .": 320.75 Miscellaneous expense .". 239.34 $ 9,504.03 Retirement of Bond and Bond Interest Bonds retired $5,000.00 Bond Interest 2,247.50 Total $7,247.50 $7,247.50 Water Department Water Master salary $1,980.00 Cbncreteing Dry Fork water tunnel - 1,723.58 Repairs on water system - 489.11 Truck expense .V 336.00 Water bonds retired ; 2,000.00 Interest on water bonds .'. 110.00 Payment of Dry Fork water tunnel note 1,000.00 Interest on note 100.00 $7,738.69 $7,73869 Police Department Regular Policemen salaries $5,520.00 Extra Policemen salaries 238.25 Police cars expense 440.00 Telephone service : 142.59 Justice of Peace fees - 614.55 Incidental expenses 373.65 $7,329.04 $7,329.04 Health Departmeni Garbage disposal $2,820.00 Health Commissioner salary 300.00 $3,120.00 $3,120.00 Fire Department Lights $ 283.17 Coal 38.00 Equipment 347.47 Expenses for Fire Chiefs to attend convention 100.00 Allowance to volunteer firemen 1,200.00 Incidental expenses 468.12 $2,436 82 $2,436.82 Street Department Street Lights $4,116.94 Utility Man salary - 1,560.00 Extra street labor 874.32 Extra labor removing snow 263.78 Sewer repairs 3.50 Truck expense 346.44 Street construction - 2,043.71 $9,208.69 $9,208.69 Grand total $ 46,584.77 Bank balance January 1, 1941 $ 508.43 Cash on hand January 1, 1941 60.00 Less outstanding checks January 1, 1941 42.07 Actual funds available January 1, 1941 $ 526.36 Receipts for 1941 47,903.09 Total 48,429.45 BINGHAM CITY BOND AND INTEREST CHART TO 1949 Date Rate Total Issued Interest - Due 1942 1943 1944 1945 1946 1947 1948 1949 1933 5Vi $12,000.00 Prin. 4000.00 5000.00 3000.00 ' Int 550 00 385.00 165.00 1931 3 20,000.00 Prin. 7000.00 7000.00 6000.00 Int. 750.00 750.00 750.00 618.75 356.25 112.50 1938 19 000 00 Prin. 3000.00 iiOOO.OO 4000.00 7000 00 3000.00 Iat. 656.25 , 562.50 450.00 375 00 375.00 375 00 243.75 56.25 Bonded Indebtedness $51,000.00 NOTES ' ' 1940 4 1500.00 Prin. 1000 00 500.00 Int 67.50 20.00 .Total $150000 |