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Show Bank balance January 1, 1942 $ 2,120.74 Cash on hand January 1, 1942 103.25 Less outstanding checks January 1, 1942 378.31 Actual funds available January 1, 1942 1,851.68 "1 Receipts for 1942 .' 73,782.55 Disbursements for 1942 .' 46,313.09 1 Cash on Hand January 1, 1943 32.17 Outstanding checks January 1, 1943 135.00 f Actual funds available January 1, 1943 29,320.54 f , Assets as of January I, 1943 ' ' ' Cash available January 1, 1943 29,320.54 City Hall 12,964.67 City Jail 3,000.00 Fire Station No. 1 8,170.00 Fire Station No. 2 4,00.00 Cemetery 1,207.00 Right-of-Way 2,515.11 Cement Sidewalks 20,553 75 1 Water works 141,593.27 vv Public Library Equipment 186.31 Health Equipment 216.00 Fire Department Equipment 35,130.45 f- Water Equipment 5,152.35 $ " Playgrounds 1,452.93 v Street Equipment 1,344.37 Paved Roads 48,240.66 .1 J Furnitures and Fixtures 1,114.65 ' Pblice Department Equipment 394.00 c Truck with Snow Plow 2,540.70 ' "f Garbage Dump Ground 550.00 : Sewer Project 24,485.00 Freeman Flood water channel 2,961.16 Grand total $347,892.92 $347,892.92 Liabilities Bonds outstanding $44,000.00 Note outstanding 50000 Miscellaneous accounts outstanding as of , January 1, 1943 916.04 Total Liabilities $45,416.04 $45,416.04 Net assets over liabilities ... '. $302,476.88 The reason for the tax collection being high for last year, is that $22,247.47 was received in January 1942, which is really 1941 taxes, and $25,999.49 was received in December 1942, as 1942 taxes. This is understood because the dead line set for paying 1942 taxes was November 30, 1942. Previous the deadline set for paying taxes was December 20th. 1941 assessed valuation was $2,015,097.00. 1942 assessed valuation was $2,072,091.00. Tax levy for 1942 was 15 mills. State of Utah, County of Salt Lake ss: I, Eugene Morris, City Recorder of Bingham Canyon, Utah, do hereby certify the foregoing statement to be a full, true and correct report of the financial condition of the City of Bingham Canyon, Utah, as shown by the records for the year ending December 31, 1942. In witness whereof, I have hereunto set my hand and affixed the corporate seal of said city this 28th day of January, 1943. (SEAL) (Y City Recorder FINANCIAL STATEMENT OF THE CITY OF BINGHAM CANYON, FOR THE YEAR ENDING DECEMBER 31, 1942. RECEIPTS General taxes - $ 53,307.52 State Road Motor Vehicle Fund 1,921.08 Merchants License 3,783.50 Beer License 2,200.00 Peddlers License 92.00 Fines and Forfeitures 2,459.65 Dog License 154.50 Cemetery Revenue 325.00 Water Revenue .' 8,627.30 Rent from County on Sheriffs Office and Jail 720.00 Miscellaneous Revenue 192.00 Grand Total :. $ 73,782.55 DISBURSEMENTS General Fund Mayor - $ 600.00 Members of City Council ...... 1,500.00 Treasurer 300.00 Recorder 1.800.00 Attorney . 600.00 Custodian ; 812.50 Premiums on Insurance 696.47 Advertising 156.45 State Municipal League 102.00 Civic Center 196.72 Auditing Books 271.05 Auto Parking Lot 50.00 Purchase of Police Car 1.069.30 Assessing and Collecting taxes 176.58 Donations 15.00 Civilian Defense 348.25 Coal for City Hall 326.30 Improvements in City Hall 537.14 Cleaning City Hall 55.00 Cemetery expense 325.00 Playgrounds rental 10.00 Linen for City Hall 69.50 Lights for City Hall 167.77 Telephone service 143.05 Christmas Lighting 8.30 Office Supplies 168.14 Lavatory Supplies 83.13 Miscellaneous items 22.86 $ 10,610.51 Retirement of Bonds Not and Interest Bonds retired $ 7,000.00 Note payment 1,000.00 Interest 2,016.25 $ 10,016.25 Water Department Water Master Salary $ 2,160.00 Maintenance and repairs : -'. 1,028.46 Truck expense 743.27 $ 3,931.73 Police Department Salaries of regular policemen $ 5,940.00 Extra Police salaries 560.00 Telephone service 141.81 Blankets and laundry for jail 49.25 Expenses on police car 183.02 Meals for prisoners 81.75 Collecting dog license 82.48 Signal Light - 55.08 Filing cabinet 43.15 Printing 55.00 Justice fees 606.40 Handcuffs 42.41 Plumbing supplies and labor 58.95 Police signs 32.00 Premium on Insurance 19.25 Police Docket , i.... 14.00 Repairs on Police office 19.05 Miscellaneous items 180.02 y j $ 8,163.62 Health Department Garbage disposal. $ 3,052.42 Health Commissioner 300.00 Printing 3400 $ 3,386.42 Fire Department Lights for fire halls - $ 273.76 Coal for fire stations 74.73 Routine care and upkeep of fire siren alarm system - 120.00 Expenses on fire trucks 287.59 Allowance to firemen '. 1,200.00 Equipment 1,824.84 Miscellaneous items 116.03 $ 3,696.95 Street Department Salary Utility Man $ 780.09 Streets and sewer labor 800.00 Snow removal 600.00 Streets construction : 321.05 Road Material 224.97 Street Lighting 3,782.10 $ 6,508.21 , Grand total $46,313.69 BINGHAM CITY. BOND AND INTEREST CHART TO 1949 Date Rate Total ! ' ' Issued Interest ' Due 1943 1944 1945 1946 1947 1948 1949 1933 fVt $12,000.00 Prin. 5000.00 3000.00 Int.- 385.00 165.00 1938 3 20,000 00 Prin. 7000.00 7000.00 6000.00 nt 750.00 750.00 618-75 356.25 112.50 1938 3 19,000.00 Prin. 2000.00 4000.00 . 7000.00 3000.00 Int. 562.50 450.00 375.00 375.00 375.00 243.75 56.25 Bonded Indebtedness $44,000.00 NOTES 1940 4 1500.00 Prin. 500.00 ' ' Int. 20.00 Total $1500.00 |