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Show Page Ten The Springville Herald October 27, publtr Jotuea Probtt and Gurdinihip Noticw Consult county cUrlt or th ripctiv tigntrt for furthar information SPRINGVILLE CITY BUDGET REPORT End of Fiscal Year, June SO, 1977 REVENUES GENERAL FUNI-REVENUES Property Taxes (11.25 mills) $ 209.151.52 Sales Taxes 155,138.83 Business Licenses 8,110.26 Buildings and Construction 14,343.75 Other License Permits 4,464.00 Court Fines 15,563.00 Interest Income 50,859.48 Rents and Concessions 7,905.13 State Liquor Allotment 16,596.28 Special Services (Fire) 7,196.31 Sexton Fees 5,330.00 Sale of Cemetery Lots 6,623.50 Memorial Building 232.50 Golf Fees 99,906.35 Hobble Creek Restaurant 32,369.86 Ambulance Revenues 6,043.00 C.E.T.A. Revenues 64,925.64 High Line Ditch Payments 2,752.29 City Spirit (Gov't. Grant) 5,497.25 Sundry Revenues 30,719.75 Fund Transfer from Electric Ut 550,000.00 Fund Transfer from Revenue Sharing .. 43,000.00 Fund Transfer from Waste Utility .... 10,000.00 Fund Transfer from Water Utility .... 25,000.00 Fund Transfer from Sewer Utility 30,000.00 Total General Fund Revenues $1,401,728.70 "C" ROADS FUND REVENUES Allotment from State $ 26,183.36 Total "C" Roads Fund COLLECTOR ROADS FUND-REVENUES FUND-REVENUES Collector Roads Fund Allotment $ 30,314.69 Total Collector Roada Fund $ 30,314.69 CAPITAL IMPROVEMENT FUND Sale of Industrial Park Property ....$ 76,300.00 Transfer from Electric Utility 125,000.00 Transfer from Water Utility 50,000.00 Transfer from Sewer Utility 25,000.00 Total Capital Improvement Fund ....$ 276,300.00 GOVERNMENT GRANTS-INDUSTRIAL GRANTS-INDUSTRIAL PARK Economic Development Admin $ 632,000.00 Four Corners Regional Grant .00 Total Government Grants $ 632,000.00 SWIMMING POOL BOND MONEY From Selling Bonds $ 461,244.26 School District Participation .00 Total Swimming Pool Bonds $ 461,244.26 REVENUE SHARING FUND REVENUES Revenue Sharing Allotment $ 113,213.00 Revenue Sharing Interest 2,906.30 Antirecession Fiscal Assistance 3,739.00 Total Revenue Sharing Funds $ 119,858.30 AMBULANCE PERPETUATING FUND Fund Transfer from General Fund ....$ 3,000.00 Total Ambulance Perp. CIVIC CENTER BOND REDEMPTION FUND Transfer from General Fund $ 36,200.00 Total Civic Center Bond $ 36,200.00 SWIMMING POOL BOND REDEMPTION FUND Transfer from General Fund $ 27,000.00 Total Swimming Pool Bond $ 27,000.00 SEWER DEPARTMENT SERVICE Property Taxes (2.25 mills) $ 39,909.81 Total Sewer Department Service ....$ 39,909.81 TOTAL REVENUES-ALL REVENUES-ALL GENERAL FUNDS $3,053,739.12 ENTERPRISE FUNDS WATER UTILITY FUND Sale of Culinary Water $ 226,447.08 Sale of Irrigation Water 6,872.00 Water Connections 21,927.45 Sale of Scrap Material 193.20 Sundry Revenues 2,425.50 Total Water Utility Fund $ 257,865.23 ELECTRIC UTILITY FUND Sale of Electricity $ 977,858.18 Sales of Taxes on Electricity .00 Sale of Scrap Material 30.75 Sundry Revenues 15,779.61 Total Electric Utility Fund $ 993,668.54 SEWER UTILITY FUND Sewer Service $ 144,897.37 Sewer Connections 14,482.80 Total Sewer Utility Fund $ 159,380.17 WASTE UTILITY FUND Collection Service $ 86,140.84 Total Waste Utility Fund $ 86,140.84 CEMETERY TRUST FUND Cemetery Trust Fund (Prin.) $ 6,948.50 Total Cemetery Trust Fund $ 6,948.50 AIRPORT TRUST FUND Grants from State and Federal .00 Airport Revenue 2,497.50 Total Airport Revenue $ 2,497.50 TOTAL REVENUES RECEIVED $4,560,239.90 EXPENDITURES GENERAL FUND-ADMINISTRATIVE FUND-ADMINISTRATIVE Official and Office Salaries $ 20,566.00 Dues and Subscriptions .00 Ordinances and Publications 6,576.66 Travel and Conventions 767.74 Office Expense 5.676.27 Equipment Expense 1,954.81 Buildines and Grounds 5.398.71 Professional and Technical Service .... 66,959.06 Other Services 7,701.98 Memorial Building gand Community Service Center 3,212.21 Planning Commission Expenditures .... .00 Contributions Open 4,757.00 Contributions Art .00 Contributions Senior Citizens .00 Insurance and Bonds 1,233.73 Employee Benefits 9,790.44 Sundry Expenditures 16,910.90 City Spirit Expenditures 4,772.26 New Equipment 13,000.00 Transfer to Ambulance Perp. Fund .... 3,000.00 Transfer to Civic Center Bond 36,200.00 Transfer to Swimming Pool Bond .... 27,000.00 Total General Fund, Admin $ 235,477.77 Revenues ....$ 26,183.36 Fund $ 3,000.00 1977 ' MUNICIPAL COURT GEN. FUND Office Expense $ 43.75 Justice Salary Judge Pro Tern 5,178.00 Clerk Salary 366.00 Employee Benefits 830.15 Total Municipal Court $ 6,417.90 AMBULANCE DEPARTMENT-GENERAL DEPARTMENT-GENERAL FUND Payroll Ambulance Operations $ 282.00. Travel and Conventions .00 Office Expense 475.85 Equipment Operations and Maint 2,164.00 Buildings and Grounds 741.07 Departmental Supplies 1,843.71 Insurance and Bonds 1,075.00 Training 62.75 New Equipment 1,306.75 Total Ambulance Department $ 7,951.13 POLICE DEPARMENT GENERAL FUND Payroll Regular Police $ 83,721.95 Payroll Dispatchers 23.121.34 Payroll Liquor Law Enforcement .... 22,730.80 Payroll Crossing Guard 5,572.50 Payroll Animal Control 17,773.68 Office Expense 1,835.64 Equipment Operation and Maint 9,157.06 Buildings and Grounds 5,416.71 Operation Supplies 7,629.10 Professional and Technical Services .... 1,755.76 Animal Control 2 5,739.43 Insurance and Bonds 1,710.00 Employee Benefits 34,921.28 Periodicals & Education Material .... 129.28 Prof. Meetings Dues and Sub 523.65 Training Materials 146.30 Investigation & Narcotics Exp 500.00 New Equipment 11,590.33 Total Police Department $ 233,974.81 FIRE DEPT. GENERAL FUND Payroll Custodial $ 31,215.76 Payroll Firemen 8,002.00 Travel and Conventions 850.00 Office Expense 1,581.19 Equipment Expense 2,761.13 Buildings and Grounds 1,958.69 Departmental Supplies 3,110.20 Operational Supplies 641.10 Insurance and Bonds 1,562.71 Employee Benefits 12,843.72 Training .00 New Equipment 1,938.88 Total Fire Dept., Gen. Fund $ 66,465.38 INSPECTION DEPARTMENT-GENERAL DEPARTMENT-GENERAL FUND Payroll Building Inspector $ 8,388.00 Office Supplies 94.77 Equipment Expense 2,270.44 Buildings and Grounds 19.37 Departmental Supplies .00 Employee Benefits 4,095.81 Sundry Expenditures 87.20 New Equipment 7.17 Total Inspection Department $ 14,962.76 ART MUSEUM GENERAL FUND Payroll Directors and Custodial $ 11,922.00 Office Expense .00 Buildings and Grounds 3,480.38 Exhibits and Programs .00 Art Collection .00 Insurance and Bonds 1,500.00 Employee Benefits 4,065.44 Sundry Expenditures 307.80 New Equipment 1,950.00 Total Art Museum, Gen. Fund $ 23,225.62 STREETS DEPT. GENERAL FUND Maintenance Payroll $ 85,215.56 Central Shop 5,329.29 Equipment Operation Expense 9,992.16 Buildings and Grounds 1,604.07 Departmental Supplies 8,158.24 Professional and Technical Services .... 277.96 Other Services 657.87 Snow Removal 1,473.28 Traffic Engineering (Signs) 3,141.67 Stock Pile Gravel 7,106.29 Misc. Special Repairs 2,180.86 Street Maintenance 154,514.55 Sidewalk Curb and Gutter 4,397.59 Insurance and Bonds 1,500.00 Employee Benefits 22,344.48 Sundry Expenditures 148.19 New Equipment Open 15,837.85 Total Street Dept., General Fund ....$ 323,879.91 AIRPORT DEPARTMENT FUND-GENERAL FUND-GENERAL FUND Maintenance and Supplies $ 120.00 Airport Improvements 1,500.00 Total Airport Dept., Gen. Fund $ 1,620.00 LIBRARY DEPT. GENERAL FUND Payroll Librarians $ 35,679.00 Office Expense 953.33 Buildings and Grounds 2,329.25 Books and Supplies 17,019.06 Professional and Technical Services .... 8,816.00 Insurance and Bonds 854.00 Employee Benefits 10,016.17 Sundry Expenditures 698 93 New Equipment 1.140.5S Total Library Dept., Gen. Fund ....$ 77,506.32 RECREATION DEPARTMENT-GENERAL DEPARTMENT-GENERAL FUND Recreation Payroll $ 2,175.00 Equipment & Supplies (Maint.) 2,977.00 Buildings and Grounds 825.00 Recreation Supplies 2,397.96 Other Services 150.00 Sundry Expenditures 100.00 Total Recreation Dept., Gen. Fund $ 8,624.96 PARKS DEPT. GENERAL FUND Payroll Parks $ 50,089.96 Equipment Expense 1,516.75 Buildings and Grounds 25,507.69 Departmental Supplies 14.63 Professional and Technical Services .... .00 Insurance and Bonds 817.00 Employee Benefits 8,486.24 Sundry Expenditures 232.35 City Shade Tree 1,842.13 City Beautification 228.98 New Equipment 28,002.11 Total Parks Dept., Gen. Fund $ 116,737.84 CEMETERIES DEPARTMENT-GENERAL DEPARTMENT-GENERAL FUND Maintenance Payroll $ 20,214.20 Sexton Fees 5,165.00 Equipment Expense 1,518.75 Buildings and Grounds 19,241.42 Operation Supplies .00 Insurance and Bonds 750.00 Employee Benefits 7,614.60 Sundry Expenditures .00 New Equipment 1,637.00 Total Cemetery Dept., Gen. Fund ....$ 56,140.97 GOLF COURSE GENERAL FUND Payroll Golf Course $ 47,647.60 Equipment Expense 5,814.03 Buildings and Grounds 13,209.14 Departmental Supplies 6,362.90 Hobble Creek Restaurant 31,258.87 Professional nd Technical Services .... 70.00 Insurance and Bonds 1,670.00 Employee Benefits 12,646.29 Sundry Expenditures 93.39 New Equipment 5,541.58 Total Golf Course, General Fund ....$ 124,313.80 TOTAL EXPENDITURES-GENERAL EXPENDITURES-GENERAL FUND $1,297,299.17 EXPENDITURES OTHER FUNDS "C" ROADS FUND Regular Payroll .00 Material and Supplies 9,091.44 Total "C" Roads Fund $ 9,091.44 COLLECTOR ROADS Regular Payroll Maintenance .00 Construction Costs - 29,000.00 Total Collector Roads $ 29,000.00 CIVIC CENTER BOND REDEMPTION FUND Bond Retirement $ 30,000.00 Bond Interest 6,218.13 Total Civic Center Bonds $ 36,218.13 SWIMMING POOL BOND REDEMPTION FUND Bond Retirement $ .00 Bond Interest 27,000.00 Total Swimming Pool Bond $ 27,000.00 SEWER DEPT. SERVICES Bond Retirement $ 25,000.00 Bond Interest 2,686.25 Total Sewer Dept. Service $ 27,686.25 CAPITAL IMPROVEMENT FUND Industrial Park Expansion $ 76,000.00 Capital Improvement, Expend 27,265.00 Total Capital Improvement Fund 103,265.00 PROPERTY PURCHASE EXPEND. Property Purchase (Am. Oil Bldg.) ....$ 36,000.00 Total Property Purchase Exp $ 36,000.00 INDUSTRIAL PARK DEVELOPMENT EXPENDITURES Ind. Park Development Exp $ 768,559.19 Total Industrial Park Exp $ 768,559.19 SWIMMING POOL-CONSTRUCTION POOL-CONSTRUCTION EXPENSE Swimming Pool Construction Exp $ 68,870.12 Total Swimming Pool Constr $, 8,870.12 REVENUE SHARING FUND Revenue Sharing Expenditures $ 27,725.08 Transfer to General Fund 43,000.00. Total Revenue Sharing Exp $ 70,725.08 TOTAL EXPENDITURES ALL GENERAL FUNDS $2,473,724.38 ENTERPRISE EXPENDITURES WATER UTILITY FUND Office Payroll $ 4,247.60 Utility Billing and Meter Reading .... 6,220.00 Maintenance Payroll 58,761.84 Ofice Supplies 459.50 Equipment Expense 6,383.10 Buildings and Grounds 6,248.19 Departmental Materials & Supplies .... 6,803.33 Professional and Technical Service .... .00 Maintenance Existing Lines 7,533.97 Insurance and Bonds 1,600:00 Employee Benefits 23,674.34 Sundry Expenditures 3,020.71 New Primary Lines Labor 6,853.06 New Primary Lines Material 9,839.15 New Service Lines Labor 6,803.82 New Service Lines Material 33,336.73 Transfer to GeneralFund 25,000.00 New Equipment Open 2,388.50 Transfer to Capital Emp. Fund 50,000.00 Total Water Utility Fund $ 259,173.84 ELECTRIC UTILITY FUND GEN. Payroll Generation $ 32,171.02 Equipment Expense 599.85 Buildings and Grounds 736.74 Operation Supplies 662.00 Maintenance Waterways 1,138.40 Employee Benefits 3,748.10 Total Electric Generation $ 39,056.11 ELECTRIC UTILITY FUND-DISTRIBUTION FUND-DISTRIBUTION Meter Reading and Utility Billing ....$ 16,115.09 Payroll Maintenance 35,286.41 Office Expense 4,775.01 Equipment Expense 6,720.99 Buildings and Grounds 2,557.28 Materials and Supplies 13,494.68 Proessional and Technical Service .... 247.89 Purchase Outside Power 287,650.60 Insurance and Bonds 2,700.00 Employee Benefits 35,039.48 Sales Tax Paid 41,245.65 Sundry Expenditures 252.74 New Primary Lines Labor 23,919.92 New Primary Lines Material 47,564.43 New Service Lines Labor 16.181.78 New Service Lines Material 17,729.80 New Street Lights Labor 3,797.50 New Street Lights Material 2,062.28 New Machinery and Equipment 8,213.65 Transfer to Capital Imp. Funds 125,000.00 Transfer to General Fund 550,000.00 Total Electric Generation $1,240,555.18 WASTE UTILITY FUND Payroll Utility Billing $ 2,653.50 Payroll Operation & Maint 29,109.29 Solid Waste Expense 11,236.17 Equipment Expense 6,918.31 Buildings and Grounds .00 Insurance and Bonds 1,800.00 Employee Benefits 11,900.72 Sundry Expenditures 847.17 Equipment Expenditures 31,765.63 Transfer to General Fund 10,000.00 Total Waste Utility Fund $ 106,230.79 SEWER UTILITY FUND-DISPOSAL FUND-DISPOSAL PLANT Payroll Disposal Plant $ 39,809.66 Equipment Expense 2,543.61 Buildings and Grounds 1,965.70 Operation Supplies 3,299.71 Professional and Technical Service .... 166.50 Insurance and Bonds 1,500.00 Employee Benefits 15,062.96 Sundry Expenditures .00 Equipment Expenditures 629.90 Total Sewer Utility, Disp. Plant ..$ 64,978.04 SEWER UTILITY FUND-COLLECTION FUND-COLLECTION General Office Payroll $ 4,586.50 Maintenance Payroll 11,448.96 Utility Billing 5.798..20 Office Expense 00 Equipment Expense 4,792.81 Buildings and Grounds 462.98 Materials and Supplies 5,856.49 Professional and Technical Service .... 563.00 Maintenance Existing Lines 9,368.34 Insurance and Bonds 1,600.00 Employee Benefits 16,503.46 Sundry Expenditures .00 New Primary Lines Labor 3,076.63 Springville recollects Among the popular and progressive business establishments of Springville the fashionable millinery store of Mrs. Curtis occupies oc-cupies a front rank. The lady is a native of Springville, and during the six years she has been engaged in business she has acquired a most flattering reputation as a fashionable milliner. The latest metropolital creations in the milliner's art, combining artistic beauty as well as exquisite taste and correct judgment, can always be found on exhibition at her millinery establishment, and her prices will be found exceedingly reasonable. Indeed, in those beautiful attractions at-tractions which are of such supreme interest to "lovely woman," Mrs. Curtis' store will compare very favorably with those found in towns three times the size of Springville, and she is well entitled to the unanimous support of the ladies of this city and vicinity. For this coming spring season Mrs. Curtis is preparing to exhibit a REPORT OF CONDITION OF CENTRAL BANK & TRUST COMPANY of Springville in the State of Utah at the close of business on September 30, 1977. ASSETS Cash and due from banks $ 3,304,000 U. S. Treasury Securities 12,584,000 Obligations of States and political subdivisions 4,673,000 Other bonds, notes, and debentures 5,000 Corporate stock 3,000 Federal funds sold and securities purchased pur-chased under agreements to resell in domestic offices 2,150,000 a. Loans, Total (excluding unearned income) $26,591,000 b. Less Reserve for possible loan losses 382,000 c. Loans, net 26,209,000 Bank premises, furniture and fixtures, and other assets representing bank premises 1,408,000 Real estate owned other than bank premises 1,000 Other assets 587,000 TOTAL ASSETS $ 50,924,000 LIABILITIES Demand deposits of individuals, partnerships, and corporations $ 11,961,000 Time and savings deposits of individuals, individ-uals, partnerships, and corporations .... 26,737,000 Deposits of United States Government .. 310,000 Deposits of States and political subdivisions 4,444,000 Deposits of commercial banks 25,000 Certified and officers' checks 277,000 TOTAL DEPOSITS IN DOMESTIC OFFICES $43,754,000 a. Total demand deposits .... 13,511,000 b. Total time and savings deposits 30,243,000 TOTAL DEPOSITS IN DOMESTIC AND FOREIGN OFFICES 43,754,000 Federal funds purchased and securities sold under agreements to repurchase in domestic offices 2,358,000 Other liabilities for borrowed money .... 355,000 Other liabilities 820,000 TOTAL LIABILITIES (excluding subordinated notes and debentures .... 47,287,000 EQUITY CAPITAL Preferred stock, No. shares outstanding None Common stock: a. No. shares authorized 52,800 b. No shares outstanding 52,800 Par Value 528,000 Surplus 1,072,000 Undivided profits 2,037,000 TOTAL EQUITY CAPITAL '.. 3,637,000 TOTAL LIABILITIES AND EQUITY CAPITAL $ 50,924,000 MEMORANDA Average for 15 or 30 calendar days ending with call date: a. Cash and due from banks ? 4,043,000 b. Federal funds sold and securities purchased under agreements to resell 2,992,000 c. Total loans 26,089,000 d. Time deposits of $100,000 or more in domestic offices 3,345,000 e. Total deposits 44,945,000 f . Federal funds purchased and securities secur-ities sold under agreements to repurchase 2,425.000 g. Other liabilities for borrowed money 355,000 Time deposits of $100,000 or more in domestic offices: a. Time certificates of deposit in denominations of $100,000 or more .. 3,345,000 Number of operating branches as of call date .... 5 I, Milan Packard, senior vice-president and cashier of the above-named bank, do solemnly affirm af-firm that this report of condition is true and correct, cor-rect, to the best of my knowledge and belief. Correct Attest: Milan Packard F. CALVIN PACKARD H. C. MAYCOCK J. BRENT PACKARD Directors. State of Utah, County of Utah ss: Sworn and subscribed before me this 13th day of October, 1977 JANET McLEOD, Notary Public (My commission expires September 5, 1979) STATE OF UTAH Department of Financial Institutions I W. S. Brimhall, commissioner of financial Institutions, do hereby certify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on October 14, 1977. W. S. BRIMHALL Commissioner of Financial Institutions Published in The Springville Herald October 27, 1977 New Primary Lines Material 392.74 New Service Lines Labor 3,092.56 New Service Lines Material 4,482.16 Transfer to General Fund 30,000.00 Transfer to Capital Imp. Fund 25,000.00 Total Sewer Collection Fund $ 127,024.83 TOTAL EXPENDITURES All Funds ....$4,310,733.17 Published in The Springville Herald October 27, 1977 stock of fashionable millinery which, for extent, variety and beauty, has never been surpassed in this secton of Utah. It will embrace the very latest creations of the milliner's art, direct from the eastern centers of fashion, and there will be no occasion for Springville ladies to go to Provo or any other town for their spring millinery, because they can supply their demands as well, if Land users coalition plan meet in Ely November 5 Roadless areas, withdrawal with-drawal of public lands for wilderness areas, natural areas, reductions in grazing allotments, all will eventually stop, not only the cattle and mining industry, but will confine rockhounds, sportsmen, and 4-wheel drive enthusiasts, en-thusiasts, to state and federal highways, according ac-cording to N.E. "Red" Wilson, secretary of the new Public Land Users Coalition, which will meet not better, at home. The ladies of Springville and vicinity ought to be patriotic enough to patronize home industry, especially when they can gain nothing by spending their money in other towns. Mrs. Curtis keeps hair goods, such as switches, wigs, pompadours, fancy combs, toilet articles, etc., and she furnishes ladies excellent values in these lines. November 5th in Ely, Nevada. The Carter Administration Ad-ministration and federal bureaucratic agencies seem bent on controlling all industry and even pleasure hobbies on public lands, Wilson said. They seem unconcerned that their present course of action will eventually shut off or severely curtail all mining, destroy the beef industry, and restrict the public lands from all fun ac-tivites, ac-tivites, except by permit. Within ten years, the nation could be totally dependent upon foreign governments for natural resources. These will be the main topics of discussion at the Ely meeting, which will boast as speakers, Cong. Jim Santini of Nevada and Cong. Dan Marriott of Utah, if Congress is recessed in time. Other speakers representing the mining and cattle industry in-dustry will be on tap. "Our number one purpose is repeal of the Organic Act," Wilson said, "but we also intend to be active in support or opposition of all other laws affecting public land users." Additional officers and a board of directors will be elected at the Ely meeting in the convention center. Committee meetings start at 1 p.m., executive session at 3:00, and the main session at 7 p.m. Everyone is invited to attend and get involved. in-volved. The Coalition expects to use every peaceful means to protect public lands (not federal lands) from the bureaucratic take over. We'll write letters, demonstrate at district and state agencies and if necessary take our case to Washington, D.C., rallying thousands of our members on the White House steps. The free enterprise system which made this country the greatest, will work, Wilson said, if the administration and the bureaucrats will just give it a chance. An African chieftain, when choosing an English name, dubbed himself "Oxford University Press." 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