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Show LEGAL NOTICE SUMMARY STATEMENT OF THE OPERATIONS AND BALANCE SHEET OF MAPLETON CITY June 30, 1962 ASSETS Cash on hand in bank $ 10,158.43 Accounts receivable: Due from County Treasurer (property taxes collected) - 41.53 Water service accounts 4,968.41 Deposit with State Insurance Fund - 122.00 Property and equipment at cost 225,839.11 Amount to be provided for retirement of water bonds and interest 37,218.75 TOTAL $278,348.23 LIABILITIES General obligation water bonds payable $ 25,000.00 Bon interest payable in future years 12,218.75 Equipment purchase committments payable 14,884.86 Surplus: Unappropriated 15,290.37 Invested in fixed assets 210,954.25 TOTAL $278,348.23 MAPLETON CITY Statement ot Revenues and Expenditures For the Year 1961 and six months ended June 30, 1962 Six Months Year ended 1961 June 30, 1962 REVENUES: Property taxes $15,874.68 $ 375.92 Licenses and permits 320.00 909.50 Court Fines 1,421.50 190.00 State liquor fund allotment . 1,702.15 1,702.15 Class "C" Road Fund 3,883.15 Contributions for fire hall 1,000.00 Water receipts 12,799.44 6,046.58 Tax anticipation notes (borrowings) 20,000.00 Fire fighting apportionment Utah County 2,277.62 Miscellaneous 544.22 495.26 Proceeds from sale of water bonds .. 25,118.06 TOTAL $57,545.14 $37,115.09 EXPENDITURES : Administrative - $ 6,551.37 $ 3,812.08 Police department 2,454.34 1,202.82 Fire department 6,043.06 3,542.13 Streets and highways 4,722.76 2,609.35 Public health service 277.80 555.60 Parks and recreation 2,036.72 1,525.87 Tax anticipation notes (payments) .. 14,000.00 6,000.00 Water utility 21,332.17 12,244.33 Retirement of bonds 12,000.00 Interest on bonds 244.22 531.25 TOTAL $69,662.44 $32,023.43 Excess or (deficiency) of revenues over expenditures ($12,117.30) $ 5,091.66 I, Norris T. Binks, do hereby certify that the above foregoing, fore-going, is a full, true and correct statement of the financial condition of Mapleton City, Utah, and all receipts and expenditures ex-penditures for the period beginning January 1, 1961 and ending June 30, 1962. NORRIS T. BINKS, City Recorder, Mapleton, Utah. Published in Springville Herald, Oct. 18, 1962. |