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Show CITY AUDIT SHOWS FINANCIAL STATUS The report of Beesley, Wood and company, auditors and ac- ! countants, for the first six months ! ending June 30, 1945, shows Bingham city's financial opera- I tions as being well within the i budget. Budget estimate for the first ! half was set at $9,460 and actual receipts came to $1 1,411.04, or $815.68 above receipts for the ! same period last year. Actu;il I revenues are $2,031.04 in excess of the estimated revenues, principally prin-cipally due to licenses. 1945 income and sources are: water revenue, $4,082.43; licenses and sources, $4. 308. 00; fines and forfeitures, $2,093 30; miscellaneous, miscellan-eous, $947.31. Actual expenditures for the first six months of 1945 are only $5907 in excess of the budget ! estimates and $181.56 greater than last year. All funds except the general fund are well within the budget. In that fund expenditures expen-ditures exceeded the budget estimate es-timate by $837.01, but this is practically all accounted for by the purchase of property for $000, included in miscellaneous expenditures. ex-penditures. On June 30, 1945, cash on hand in all funds amounted to $13,-987 $13,-987 59 'as compared with $12,-045.13 $12,-045.13 a year ago. The city still holds the $5,000 U. S. war bond j purchased in September, 1943, i which may be converted into i cash at any time. Expenditures to June 30 as totaled to-taled by departments: general fund, $6755.11; water fund, $2,-197.06; $2,-197.06; streets and sidewalks, $3,499.76; public safety, $8,453. 64; bond interest and sinking, $7,562.50. O |