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Show FINANCIAL REPORT Of Pleasant Grove City Revenues and Expenditures For the Year 1953 GENERAL FUND REVENUES: General property taxes $38,354.87 Building inspection fees 454.00 Business licenses 7,865.09 Dog licenses 894.50 Fines and Forfeitures 3,965.00 Fire Department runs 2,345.76 Garbage collection fees 2,662.44 Interest income 20.71 Irrigation water rental 265.08 Library income 127.94 Miscellaneous revenue 131.05 State Liquor Fund Allotment 4,817.09 Cemetery season care $1,561.61 Cemetery grave opening 738.00 Cemetery interest income 710.00 Cemetery miscellaneous income 44.00 3,053.61 TOTAL REVENUE 64,957.14 EXPENDITURES: Administrative and General: Assessments on water stock 206.45 City Hall expense 659.30 Contributions 1,220.00 Election expenses 299.58 Furniture and fixtures 634.19 Insurance Social Security 310.70 Insurance Group Insurance 23.88 Insurance Other 3,124.09 Legal and Auditing 1,119.80 Ordinances and publication 337.55 Office expense and supplies 709.13 Office expense 25.40 Salaries 2,849.98 Subscription and membership 1,522.50 Sundry expenses 403.12 Total Adm. and Gen'l. Exp. 13,445.67 Cemetery Department Equipment 3.11 Miscellaneous 616.92 Salaries 3,886.23 Total Cemetery Department 4,506.26 Public Library Books and supplies 637.28 Light and fuel 152.78 Miscellaneous 112.89 Salaries 1,110.00 Total Public Library 2,012.95 Public Safety Fire Department Cost of operating equipment 471.45 Fire station expense 184.85 Miscellaneous expense 172.62 Salaries 2,187.89 3,016.81 Police Department Civil Defense 13.74 Equipment 990.00 Patrol car expense - 1,624.95 Salaries 10,775.86 Supplies and miscellaneous 728.54 14,133.09 . Health Department Miscellaneous 251.50 Total Public Safety 17,401.40 Streets and Public Improvement Cost of operating equipment 1,999.05 Equipment and tools 1,851.85 Equipment rental j 552.25 Garbage Collection 2,524.47 Manual labor 10,993.08 Materials 4,192.90 Miscellaneous expense 535.38 Parks 778.96 Street lighting 2,541.70 Total Streets and Public Imp. 25,969.64 TOTAL EXPENDITURES 63,335.92 EXCESSS OF REVENUES OVER EXPENDITURES " 1,621.22 WATER UTILITY FUND REVENUES: Water Sales 27,113.80 Refund of Prior exp., N. Union Canal Co. 964.82 Miscellaneous income 3.00 TOTAL REVENUES 1 28,086.62 EXPENDITURES: Depreciation 5,785.08 Office and miscellaneous expense 325.65 Salaries and wages 7,424.08 Truck expense 406.03 Interest on bonds 1,502.50 Other interest expense . 716.87 TOTAL EXPENDITURES 16,160.21 EXCESS OF REVENUES OVER EXPENDITURES 11,926.41 IRRIGATION FUND REVENUES: Irrigation assessment 1,392.65 Miscellaneous income .50 - TOTAL REVENUES 1,393.15 EXPENDITURES: Office supplies 22.90 Supervision and distribution of water 1,182.75 , Salaries and wages 137.48 TOTAL EXPENDITURES 1,343.13 EXCESS OF REVENUE OVER EXPENDITURES ' 5002 WATER BONDS PAYABLE Int. Bonds Red. No. Date Amount Rate Maturity Terms Bal. Due 1-35 8147 $1000. ea. 2 8157 4 M Annually Nos. 1 to 22 Incl. 8148-56 Inclusive 1 M 8157 $13,000.00 1-30 7149 $1000. ea. 3 7159 3 M Annually Nos. 1 to 12 Incl. Inclusive $18,000.00 1-15 12149 $1000. ea. 3 12164 3 M Annually $15,000.00 Incl. TOTAL BONDS OUTSTANDING $46,000.00 CASH IN THE CITY TREASURY AND ITS SEVERAL FUNDS General Fund $ 3,018.72 Class "C" Road Fund : 690.13 Water Utility Fund 584.93 Irrigation Fund 1,147.70 Special Assessment Fund 1 16.07 Cemetery Perpetual Care Fund 307.95 Memorial Sinking Fund 2,150.16 TOTAL CASH ON HAND AND IN BANK DEC. 31, 1952 $ 7,883.52 INVESTMENT IN CEMETERY PERPETUAL CARE FUND IN UNITED STATES SAVING BONDS Description Par Value Cost Redemption Interest Value at Received 123153 in 1953 U. S. Savings Bonds Series "C" 6150-52 $10,000.00 $10,000.00 $9,480.00 $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, June 7, 1954. MILLEN D. RADMALL City Recorder |