Show FINANCIAL STATEMENT OF BOUNTIFUL CITY bountiful itta utah 11 october ath 1924 p TO the mayor awl and uty l lun ll city utah of f bountiful GENTLEMEN complying with your request we have examined the accounts mid and bocks of bountiful city utah as kept in the off office jec of the city Pe corder and city y treasurer of said city I 1 f for or the ending De december comber 1923 and submit herewith period 0 our ur report together cather with the following EXHIBITS and SCHEDULES EXHIBIT A statement ment of cash receipts and disbursements from january 1st ast 1923 to december 31 SCHEDULES A of the asserts and resources and liabilities and indebtedness of boun bonn laiful city for the period ending december 1923 B statement of the assessed valuation levies 1 giffei ent funds and tax settlement for period ending december 1923 C statement of paved sidewalks and curb and gutter of said city of december decerb r 1923 CASH BALANCE the balance for january 1st ast 1924 was the tres treasur r ers balance on hand and in banks was thus difference 0 of f 1 dayment 13 anent made by treasurer without warrant march 27 1923 thru union state bank to columbia trust company for reA redemption emption of certain paving interian warrants held by trust company and which payin payment crit had ad not been previously authorized by council treasurer should present warrant covering this payment duplicate deposit of and the issuance of duplicate r re nos and by the ailt outgoing oin and incoming treasurer for daily balance interest bountiful state bank the treasurer should have warrant covering this amount for refund interest bein being ing e for the month of march BONDED indebtedness special election held july 23 1923 for issuance of bountiful utah le funding bonds for the refunding 0 of f i the h e following in indebtedness ednes for city administration building i for fire department sidewalk and curb gutter paving ii 31 t for water works BOND distribution water bond issue ili unpaid due slay alay 1930 SPECIAL TAX WARRANTS unpaid due 3 years SPECIAL SPECIAL improvement WARRANTS unpaid due 4 year last 2 issues abutting property owners for special sidewalk improvements BOUNTIFUL REFUNDING BONDS none paid due 20 years the budget system of accounting should be established it is difficult to ascertain the balance due in any fund readily and to determine when the furd fund has been overdrawn or exhausted the bookkeeping system should be improved as the business of the city is increasing therefore the necessity of a more improved and 4 thorough system sa stein of accounting established the treasurer monthly balance or reconcile her water license paving and sundry books with the general receipt register so that errors could be more readily found and corrected alo abo her cash ae account count should be frequently balanced with the balance shown from her ber receipt and disbursement registers more care should he be exercise in the examination itemization and certifications of claims before they are presented and allowed ly the city council respectfully submitted HENRY W STAHLE BOUNTIFUL L CITY bountiful utah STATEMENT 11 01 CASH TS AND disbursements from january 1st ast 1923 t tb december 31 1923 RECEIPTS received from license licens account aler cants banks etc received from license account pool poo mils alls I 1 z 2000 received from license account uta lh alit ai traction company V 1000 10 lao 00 received from cigarette license I 1 received from froia do dog m I 1 license account 11 received from curb gutter account strict no 1 received fron county treasurer taxes fund received I 1 from county 1 treasurer taxes street sida walks I 1 received from county treasurer taxes clity ty hall fund I 1 I 1 Reee received ived from county treas tax sale redemption i fund received from bills payable account I 1 1 received from city justice j of the peace pace fines received from sitten sidewalk valk paving acct acca dests 1 1 ii 7 H 3 12 13 ai 21 31 Reee received ired front from vivian 1 williams et al rent city 1 aill rece received i ved from james hargood 1 hur good lease aces ray ay farm received Rec received elved from banks interest daily I 1 balances I 1 1 received account 1385 13 85 from buildings and repairs I 1 received from henry moss loss part payment hydrants received from froin water rates water system I 1 r received from county treasurer taxes water fund I 1 I 1 received from county treasurer taxes sinking fund grand coial tot al receipts I 1 6 1 6 52 disbursements HIGHWAYS ROADS ACCOUNT paid to city well I 1 61 00 paid to Tic Ie placing fences sidewalks sidewalk s 1 paid to ath east street paid to first east street paid to second west street I 1 paid to corrugated cu lverts I 1 paid to tolman fisher moss road paid to smedley fill slain alain street paid to first south street I 1 paid t to 0 3rd ard north street I 1 paid to ani 2nd north street I 1 paid to gravil gravel for roads I 1 paid to klambt street paid to sedgwick fisher bridee Brid tre paid to warin cleamins Cle arins snow sidewalks 1 77 paid to roads account general 1 total roads STREET LIGHTING paw paid to street limiting lighting electrics lights light I 1 I 1 ELECTIONS 05 K paid to to F lection i A account bount stationery PRINTING f paid d to 1 stationery Pring tin account I 1 INTEREST paid to interest account general SALARIES ACCOUNT paid to city mayor paid to five councilmen I 1 paid aid to city marshal I 1 paid to city treasurer paid to city recorder paid to city attorney I 1 quarantine ACCOUNT paid to quarantine account I 1 FIRE department paid to firemen salaries I 1 is paid to fire hose account I 1 paid to gas oil repairs I 1 paid to expense firemen convention 2500 paid to repairing 0 fire pump I 1 1 abid to telephone rental I 1 1225 p paid to firemen clothes I 1 1 1 paid to fire dept general total I 1 Go COURT COSTS 1 paid to court costs I 1 t BILLS PAYABLE paid to bills payable account 1 REAL ESTATE 1 paid to real estate account 1 ASSESSING collecting paid to davis county assessing collecting GENERAL EXPENSE paid to american surety co premiums official bonds paid to bountiful military band I 1 1500 paid to city councilmen actually traveling e expenses paid to office I 1 paid to postage account I 1 2600 P paid a id to davis county poultry association I 1 1 2500 1500 paid to miscellaneous expenses I 1 paid to state insurance insurance fund I 1 paid to land rental I 1 paid to high school library I 1 paid to fi fire re twili ance 1304 paid to special audit I 1 paid to maintenance city lawn ward paid to pound account I 1 paid to abstract of title westerman I 1 1850 paid to spraying machines I 1 p paid a id to K killing illi ng dogs account I 1 1975 paid to flood water relief account paid to davis county ili high h school memorial I 1 total SIDEWALKS paid to alisher F pack balance for surveying ying and map ping for cement sidewalk I 1 SPECIAL improvement IMPO WARRANTS paid to redemption of bonds I 1 paid to interest on bonds I 1 maintenance AND REPAIRS paid to repairs and maintenance gen general e ral I 1 y INTEREST paid to interest water bonds paid to interest water loans I 1 2 WATER MASTERS paid to city water master 41 f paid to water master stone creek cheki jf paid to water master barton creek 00 15 50 SERVICE connections paid to service connections to mains I 1 J 1 EXTENSION MATERIAL paid to john IV holbrook and john ic bangerter E ex tension I 1 i 43 8 EXTENSION NS ION LABOR LABO R paid to lucy thurgood extension I 1 2005 2505 paid to john W holbrook extension paid to john C ban bangerter Bangert gerter cr extension ext ensio n WATER STOCK k paid to 3 19 shares stone creek stock I 1 WATER assessments paid to barton greek arri irrig co f 2 4 paid to bt stone creek irrig C cy 4 M paid to reservoir pipe line C cy 1000 paid to bt city mill creek I 1 irrig ig co WATER RENTALS paid to flora E moss adrah water paid to barton creek Irria fCo co paid to bt stone creek L rig go co 2000 paid to miscellaneous w wafer er rentals miscellaneous WATER WATE R E EXPENSE I 1 paid to labor cleana 9 ity reservoir paid to miscellaneous material and labor general r repairs airs 2 0 paid to city drain zay Ray farm I 1 grand tota I 1 recapitulation grand total receipts 1923 grand total L disbursements 1923 overdraft january nuary 1923 ca cash cali li on ii fahd id lan jan 1 1924 T r I 1 BALANCE SEG segregation E GATION CASH T L I 1 cash on hand handa nuary 1924 1 1 pai Paid to 0 columbia trust co march 27 1923 covering interian war r rants jants no warrant drawn thru union state bank I 1 duplicate entry receipts nos bountiful state bank interest daily balances I 1 actual balance january 1924 SINKING FUND redemption WATER BONDS 1920 levied 4 mills mill I 1 1921 1991 levied mills I 1 1922 levied 31 mills milk I 1 N 1923 levied mills I 1 K A i BOND redemption BED EMPTION 1922 april redeemed 5 bonds each I 1 balance sinking sinkin fund I 1 WATER BONDS 35 bonds dated may alay 1910 due may 1930 for each redeemed april 1922 I 1 5 bonds each 1 50 0 balance unredeemed I 1 TREASURER CASH january 1 1924 bountiful state bank 1 cash union state bank cash STATEMENT of assents or resources of bountiful city of december 1923 REAL ESTATE gravel pit section 29 tp 2 N R I 1 E S L 11 cant contained acre estimated ball park lots lotse 35 5 6 plat all A B T A S lot 10 t 3 it 1 plat A B T S all in blk 6 estimated lad water shed section 25 tp 2 N R 1 E S L 31 on barton creek estimated ray farm in section 20 tp 2 N R 1 E S L al acres irrigation water not included estimated city hall with building part lot 2 blk 40 plat A estimated I 1 4 WATER SYSTEM water stock bountiful stone creek irrig co 63 shares valued at water stock barton creek irrig P co 0 18 shares valued at per share i 01 water stock reservoir pipe line co 1 share valued at I 1 reservoir and site stone creek sect 20 tp 2 NR 1 IE K 7 estimated 1 1500 5 Re Reservoir 1 and site barton creek sect 29 tp 2 N R 1 jr E estimated I 1 fire hydrants distributed through 0 city estimated tunnel feeding barton creek reservoir cost estimated I 1 city nail on sect 29 tp 2 N R I 1 E cost 27 water estimated works I 1 system exclusive of w water a ier sio stocks i vre f reservoirs s e r 0 drains pipe tines lines services connections etc estimated I 1 24 ilar FIRE department I 1 reo fire truck with rotary pump hose hos and equipment estimated I 1 f r FURNITURE AND OFFICE EQUI EQUIPMENT 1 filing 0 cabinets de desks aks type typewriter I 1 chairs tables etc estimated bite ROAD MACHINERY I 1 I 1 i plows fresnos freskos fres nos scrapers wes western e ern rn steel grader estimated outstanding ACCOUNTS unpaid water assessment december 1923 1 unpaid merchants lice licenses of december 1923 paved sidewalks du edom abutters in installments I 1 district 1 1 district 3 D district 7 D district 11 D district no 12 t I 1 D district X no 0 13 1 D district no 21 t D district no 31 L I 1 i unredeemed ui redeemed special i improvement tax fix sales caselt on hand january 1924 liabilities OR indebtedness EDNE SS avater ATER BONDS 30 0 bonds dated may lath 1910 due may 15 1930 for each I 1 SPECIAL CLE TAX WARRANTS 5 special tax warrants nos 1 2 3 and 4 payable fayab le 5 in p stall ments balance due T S SPECIAL improvements WARRANTS in paving sidewalks districts nos 1 3 7 11 12 13 31 balance due BOUNTIFUL UTAH FUNDING BONDS 53 bountiful utah funding bonds eachl each each SUMMARY ASSETS AND liabilities real estate water system I 1 fire department I 1 furniture office equipment road machinery outstanding accounts I 1 cash on hand january 1 1924 1 i water bonds I 1 special tax warrants I 1 special improvements warrant 1 utah fundin funding bonds 2 difference I 1 SCHEDULE B STATEMENT OF THE ASSESSED VALUATION LEVIES DIFFERENT FUNDS AND TAX settlement FOR PERIOD ENDING DECEMBER 1923 ASSESSED VALUATION real estate improvements and personal property of bountiful city as fixed by the he county assessor car companies railroads power and light lines as fixed by state board of equalization additional assessments as fixed by the county assessor for bountiful city I 1 I 1 2593 total assessed valuation 1 LEVIES IES DIFFERENT RENT FUNDS FUNDS 1923 13 to defray conting expenses w 2 11 mills to improve streets and sidewalks I 1 T 2 mills to sinkin sinking fund bond redemption A 31 mills to construct and maintain city hall t 5 2 mills total avs mills AMOUNT OF TAXES 1923 A expenses J 2 mills i streets and sidewalks 2 mills t sinking fund bond redemption mills construct maintain city if hall all 2 mills L I 1 total TOTAL TAX RECE RECEIVED IVED FROM COUNTY TREASURER cash I 1 balance imbalance due I 1 total 1 l TAX settlement AMOUNT OF TAXES COLLECTED ALL FUNDS Conti continuant taxes 2 mills streets and sidewalks 2 mills sinking fund bond redemption 3 mills construct maintain ci city ty halls 2 mills i I 1 total I 1 continued on page 5 FINANCIAL STATEMENT STATEMENT OF CITY continued from page 3 COLLECTED AND REMITTED RE EXPENSES cash tax sales subsequent taxes abatements 10 1093 9 3 Don bErron erron III 1 I i per J 12 9 STREETS AND SIDEWALKS cash 2 7 Tax Sales subsequent taxes i y abatements f 1093 doub erron erroll rr r r per 1 J SINKING FUND BOND redemption 11 cash aji tax sales I 1 subsequent taxes y abatements f f 1913 doub erron 3 per J J MAINTAIN ALLS ys i tax sales r subsequent taxes f i ah abatements ate ments f 1093 doub erron erroll ill per J grand total I 1 I 1 SCHEDULE go G STATEMENT OF q r PAVED ANI SIDEWALKS 4 AND CURB AN AND D GUTTER 0 OF SA SAID I 1 D TY 0 DECEMBER 31 1923 MILES P PAVED D SID WAI IV I 1 S 50 miles 8 blocks b ic seii I 1 ills su veU act 6 foot bement walks 22 22 miles 2 blocks S ond South str street t 4 foot walks miles main a 1 d AV nd north 1st ast so act 6 foot cement cemelle walks miles cross walks main etc CURB aind AND GUTTER 50 miles 18 8 blocks main street district no 1 11 miles cross walks main street |