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Show K Officials Submit ' si i! Summary of City Receipts, Expense IS ; ' -6 j - -t-ito stututo, each city - roqniriHl to make up a n , in Peeombor to guide its tf ';;..- through the following 6 'r'" Tlu- mulitor has just com-30 com-30 a the checking of oxpendi-22 oxpendi-22 3? ;: 0f the Ist year by the city " I wl the council, with the 22 31 '"'I-' (ho auditor and incoming 19 21 ! Edward Clyde, are now in wess of forming the budget may ; H coming year to be sub- -no ..,xi in December. roP a -li (itv officials submit the fol-1 fol-1 cut .iV results of the current audit budget estimates, actual and' disbursomontsi the .I'ttfo months in all funds were i-ated by an average taken . former months, which were rifur. .'.si expenditures: -.hreV "General fund receipts wore esti-2 esti-2 M at $10,102.22. Actual re--I: .rjts were S9.717.9S. Expendi-were Expendi-were S7.493.-1S. Expendi-' Expendi-' Ph- "-avre 22.224.50 less than ac- jjreeeipts. honp Waterworks receipts estimated, nnl i;;0?5.56: actual receipts, $34,-JlJ; $34,-JlJ; ;iV!' and expenditures, $54,-yi: $54,-yi: deficit, S19.474.22. This "sit is more than accounted for -a capital investment, i.e. (water -iters and extension of lines) and 7" i tie city had a very expensive 2 ;ar resulting, from freezing of jj. ;s all winter. lone Eiectric lights Receipts esti-p.m. esti-p.m. j'.e. S153.925.0O; actual receipts, i2ip ;:ti.3T2.47; actual expenditures, - "l?.M.49: balance left of re-;;ts re-;;ts over expenditures. $26,-;.?S. $26,-;.?S. The largest item of cost in ner is fund is purchase of electric-dip electric-dip x Part of it was in capital in- -lament. Estimate was based on h ipletion of new plant by July. Public safety Receipts esti-;:e. esti-;:e. S40.491.13; actual receipts, ;'5.555."2; expenditures, $41,-:i;i. $41,-:i;i. a deficit of S2.07S.02. This rxit is represented by a new cpletely equipped police car as vital investment. Streets and walk?, Receipts es--!ted, S16.227.79; actual re-m re-m S16.296.24; expenditures, .'S.117.10, a deficit of $6,S20.S6. 7:s was due to excessive snow riuval at a cost of between ai'OO and $7,000, and to road tahir.g before seal coating aad by the severe winter. Public building fund Receipts nnated. S7.363.90; actual re-"5?ts, re-"5?ts, $7,517.58; expenditures, 3.000.00; carry-over, 6,517.58. 3s expenditure was the regular anal contribution to the art gal-ay. gal-ay. Parks and public property Re-spts Re-spts e?iimated, S13.116.72; ac-ial ac-ial receipts, Sll.281.53;1 expendi-"ffis, expendi-"ffis, S9.816.66; balance carry-'f, carry-'f, 51,464.87. Sswr fund Receipts estimated, 110,875.00; actual, receipts, $8,- '151; expenditures, $7,212.17; -i'ance carry-over, $1,361.34. The (Continued on Page Two) deficit, $2,112.26. This estimated was made on a mill tax to create cre-ate a deficit in the account to balance bal-ance a carry-over from the previous prev-ious year. The library board has handled its funds very commend-ably. commend-ably. The tax levy on each fund was made to balance the budget as nearly as possible. Bond interest No receipts and no setup has ever been made to take care of it. This item of $18,-922.00 $18,-922.00 had to be taken care of by a tax anticipation bond. B and C road fund Estimated' receipts, $6,000.00; actual receipts, $10,571.61 (this amount was raised by law made by last legislature) ; expenditures, $21,055.75; the deficit, defi-cit, $10,484.14. The state law requires re-quires that this fund be used exclusively ex-clusively on streets and walks. The previous receipts had not been set aside for this purpose, so it was necessary to take the amount of this deficit from other funds to comply with the law. Airport fund (Springyille-Sapn-ish Fork) Actual receipts from government and state, $65,314.32; expenditures, $66,779.93. This obligation ob-ligation was created years ago but again no funds were set aside year after year to take care of it. Springville's portion of this fund, i.e. $10,200, due in August, had to be borrowed. The total amount of the city's obligation is $13,-993.04. $13,-993.04. It is all capital investment. invest-ment. Summing this up, we see that while some departments went over the actual receipts and over the budget, that from an overall picture the expenditures were well within the budget. Though quite a considerable amount was spent from the budget for capital invest- City Officials Submit Financial Summary (Continued from Page One) estimate on receipts here was made on a price of $125.00 per connection a charge of only $51 per connection was made. Library fund Estimated receipts, re-ceipts, $1,472.79; actual receipts, $1,503.52; expenditures, $3,615.78; ment, city officials state. A summary of the Bartholomew project will be submitted soon and a complete analysis of the two years operation by the present city council will also be forthcoming as soon as the two-year audit is complete. |