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Show Financial Report of American Fork City For The Year 1935 CASH RECEIPTS FOR THE YEAR 1935 Cash on hand January 1, 1935 $ 3,971.05 Cemetery 1,849.45 Licenses 1,760.66 Delinquent Taxes and Interest 3,543.44 Tax Levy 17,517.11 . Rent on Real Estate 62.50 Water Rates 8,259.21 Fines 269.00 Meter Installations 181.75 Loans '.. 3,000.00 Building and Plumbing Permits 13.50 Dog Tax 160.95 Refunds 850.88 Estray Pound ' 3.35 Use and Sale of City Property 61.40 Payment of Temporary Accounts 166.57 Total Cash Receipts $41,670.82 CASH DISBURSEMENTS FOR 1935 Streets and Alleys $ 2,770.14 Fire Department 917.28 Police 3,160.01 Water Works 1,447.38 Improvement on Public Property 1,925.41 Salaries (Elective officers) 1,610.00 Electric Lights 3,480.87 Cemetery 1,854.40 Printing and Advertising 93.70 Stationery 95.49 Contigent 1,284.13 Prisoners 85.28 Civil and Criminal Prosecutions 28.00 Poor and Indigent 19-90 Fuel 158.45 Interest on Notes Payable 1,533.54 Estray Pound 50.00 Quarantine 140.50 Public Library 1,200.00 Insurance 253.92 Memorial Project 800.00 Bonds and Interest 9,979.15 Borrowed Money 7,552.00 Temporary Accounts 155.28 TOTAL CASH DISBURSEMENTS $ 40,594.83 Balance on Hand 1,075.99 $41,670.82 CURRENT ASSETS Cash in Bank $ 1,075.99 Taxes Receivable: Tax Sale accounts $19,809.76 1935 Tax accounts $7,931.86 Less Reserve for Assessments and abated 383.62 7,548.24 Total Tax Receivables . . . 27,358.00 Less Reserve for Uncollectable 820.74 26,537.26 Accounts Receivable: Water Rates Receivable 6,933.30 Less Reserve for Doubtful Accts.... 1,368.21 5,565.09 Meter Installations Unpaid 111-32 Less Reserve . 15.00 96.32 Cemetery Accounts Receivable 1,895.85 Less Reserve for Uncollectable .... 843.01 1,052.84 Miscellaneous Accts. Receivable 141.82 Less Reserve for Uncollectable 90.25 51.57 Total Accounts Receivable $6,765.82 Miscellaneous: Tax Sale Certificates 314.33 Auditors Deeds... 6,992.08 Less Reserve for Doubtful 2,030.00 4,062.08 Unexpired Insurance 187.69 Public Liberary Cash on Hand 585.97 Total Miscellaneous $5,150.07 Total Current Assete $39,529.14 CURRENT LIABILITIES Note. Payable ,$ 25.771.90 Accounts Payable 29o.36 Accrued Interest on Bonds . 1.434.90 Reserve for Unexpired Insurance 187.69 Reserve for Public Library Cash 585.97 Total Current Liabilities 28,275.82 Current Surplus ll,2o3.32 Total Current Liabilities & Surplus $39,529.14 CAPITAL ASSETS Approved by the City Council January 6, 1936 WILLIAM S. STORRS, Mayor. Attest: THOS. A. BARRATT, City Recorder. I hereby certify that the above and foregoing statement is correct. Witness my hand and the Seal of American Fork City this 6th day of January, 1936. (Seal) THOS. A. BARRATT, City Recorder. I City Hall and Grounds iz.ouu.uu City Jail 950 00 City Park and Improvements 2,050.00 Land in Block 12 250.00 . Central Park Lot 13, Blk. 11 4,000.00 Public Library Il,2o0.00 Cannon Mill Site 1,600.00 City Camp Grounds 6uJ.OO City Gravel Pit 40-00 Fire and Comfort Station... 4,650.00 Piano & City Hall Furniture 950.00 City Cetetery: Water Shares ....$1,820.00 Water Svstem 5,650.00 Tools, Hose, etc. 217.05 7,687.05 Police Department (Car and Equipment) 666.35 Street Department (Machinery (Ma-chinery and Tools) 1,339.80 Fire Department Engine, Siren, etc 3,152.80 City Water Works 181,500.00 City Water Works Equit 638.34 Legion Building 4,500.00 American Fork Co-op. Property 10,000.00 Total Capital Assets 248,424.34 TOTAL $248,424.34 LIABILITIES Water Bonds Outstanding (Issued 4-15-30) $145,000.00 Capital Surplus 103,424.34 Total Liabilities & Capital Surplus 248,424.34 $248,424.34 |