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Show CLERK'S ANNUAL REPORT Financial Statement, Ncbo School District For Period Ending; June 30, 1945 RECEIPTS AND DISBURSEMENTS July 1, 1944 to June 30, 1945 REVENUE RECEIPTS Current County Taxes $ 289,785.16 Tax Sale Redemptions 11,561.78 State District School Fund 155,645.50 State High School Fund 4,605.59 State Equalization Fund 36,078.75 State Uniform School Fund 77,210.75 Resettlement in Lieu of Taxes (Federal) (Fed-eral) 218.44 Miscellaneous Revenue 1,547.32 . $581,857.34 NON-REVENUE RECEIPTS: School Furniture and Apparatus $ 20.00 Administration Expense 10.79 Instruction Expense 781.91 Operation Plant Expense 29.68 Maintenance Plant 90.77 Auxiliary Agencies 31.40 Insurance Expense 245.33 Interest Expense 167.58 Accounts Payable 1,472.80 Notes Payable 199,978.77 Other Non-Revenue Receipts ( 95,160.14 ( 'K 297,989.17 $ 879,846.51 Opening Balance' : $ 101,173.96 Total Amount to be Accounted For $ 981,020.47 DISBURSEMENTS: Administrative Expense $ 15,178.84 Instruction Expense ' 360,703.25 Operation of Plant . 50,986.00 Maintenance of Plant 15,934.32 Coordinate Activities 95,103.12 Auxiliary Agencies Expense 34,561.79 Debt Service 23,508.85 Insurance Fixed Charges 4,128.71 Capital Assets and Improvements 12,444.06 Current Assets 46,049.27 i. Refunds 206,318.21 TOTAL DISBURSEMENTS $ 864,916.42 ADD : Warrants Outstanding at Beg. of Period 96,401.35 961,317.77 DEDUCT: Warrants Outstanding End of Period 126,728.47 $ 834,589.30 CLOSING BALANCE 146,431.17 $ 981,020.47 BALANCE SHEET June 30, 1945 CAPITAL ASSETS: School Sites 106,963.12 School Buildings $1,540,043.14 Less Depreciation Reserve 638,067.13 $ 901,976.01 School Furn. & Equip $ 209,049.49 Less Depreciation Reserve 192,804.29 $ 16,245.20 School Text Books $ 35,116.95 Less Depreciation Reserve 27,340.85 $ 7,776.10 School Library Books $ 20,707.02 Less Depreciation Reserve 11,611.63 j $ 9,095.39 Automobiles Owned $ 13,831.33 Less Depreciation Reserve : 5,565.77 $ 8,265.56 Water Stock Owned , 1,994.60 $1,052,315.98 CURRENT ASSETS: Cash ? 67,734.06 U. S. Treasury Certificates 190,000.00 Accounts Receivable -- 277.00 Inventories 5,158.30 District's Equity in Tax Sales 26,414.01 Value of Unexpired Insurance Premiums ? 5,890.26, 295,473.63 $1,347,789.61 CAPITAL LIABILITIES: Bonded Indebtedness General Obligation Bonds: Serial Bonds dated 3134 Final date of payment 3154 $ 92,000.00 Refunding Bonds: Serial Bonds dated 61541 Final date of payment 71550 $ 41,000.00 $133,000.00 Capital Surplus 1,164,409.36 $1,297,409.36 CURRENT LIABILITIES: Warrants Payable $ 48,031.36 Accounts Payable 1,096.62 Accrued Interest Payable 1,252.27 $ 50,380.25 $1,347,789.61 BONDED INDEBTEDNESS AND ACCRUED INTEREST June 30, 1945 Series of 3136 4 Interest General Obligation Numbers Payable Maturity Amount Building Bonds 111-120 31-91 3-1-46 $10,000.00 121-130 " " 3-1-47 10,000.00 131-140 " " 3-1-48 10,000.00 141-150 " " 3-1-49 10,000.00 151-160 " " 3-1-50 10,000.00 161-170 " " 3-1-51 10,000.00 " " 171-180 " " 3-1-52 10,000.00 181-191 " " 3-1-53 11,000.00 192-202 " " 3-1-54 11,000.00 ?92,000.00 Accrued Interest 1,226.64 Series of 61541 l Interest Refunding Payable " 25-32 615-1215 6-15-46 $ 8,000.00 33-40 " " 6-15-47 8,000.00 41-48 " " 6-15-48 8,000.00 49-56 " " 6-15-49 8,000.00 57-65 " " 6-15-50 9,000.00 $41,000.00 Accrued Interest 25.63 GRAND TOTAL $133,000.00 TOTAL ACCRUED INTEREST 1,252.27 |