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Show Orem-Geneya Times-Thurs., Dec. 10, 1964 continued from prewoui pae OREM CITY CORPORATION BOND REDEMPTIONS AND INTEREST FUNDS BUDGET ESTIMATES AND APPROPRIATIONS FOR THE YEAR ENDED JUNE 30, 196A. Budget Over or (Under) Budget Revenues Property taxes Expenditures Bonds Redeemed Interest on Bonds Total Expenditures Excess of Receipts Over Disbursements Cash Balance July 1, 1963 Estimates $ 115,502 35,000 64,112 99.112 Actual $ 122,289 $ 6,787 30,000 63,750 5,000) 362) 93,750 ( 5.362) Garage Operation Salaries Services and Supplies Capital Outlay Total Garage Operation Public Works Streets and Highways (Including Class "C" Road Fund) Salaries and Wages Materials, Supplies and Services Capital Outlay Total Streets and Highways C Road Fund Waste Collection and Disposal Salaries and Wages Materials, Supplies and Services Capital Outlay Total Waste Collection and Disposal Department Total Public Works Public Libraries Libraries Salaries and Wages Materials, Supplies and Services Capital Outlay Total Public Libraries Engineering Salaries Materials, Supplies and Services Equipment Total Engineering Public Health Parks and Recreation Recreation Materials, Supplies and Services Scera Collections Total Recreation Department Parks Department Salaries and Wages Materials, Supplies and Services Capital Outlays Total Parks Department Cemetery Department Salaries and Wages Materials, Supplies and Services Capital Outlay Total Cemetery Department Total Parks and Recreation Total Expenditures Excess or (Deficiency) of , Receipts Over Disbursements ($ , 1?7ST S 48.704 S 65.683 14,322 12,819 ( 1,503) 750 1,144 394 m 326 326 15,072 14,289 ( 783) 23,892 25,547 1,655 26,400 38,601 12,201 11.130 9.007 ( 2.123) 61,422 73.155 11.733 52,865 39.519 ( 13.346) 18,356 21,280 2,924 9,850 9,551 ( 299) 13,500 ( 13.500) 41.706 30.831 ' ( 10.875) 155.993 143.505 ( 12.488) 9,904 9,496 ( 408) 2,290 2,899 609 5.400 4.310 ( 1.090) 17.594 16.705 ( 889) 25,040 22,413 ( 2,627) 3,450 1,549 ( 1,901) . 508 508 28,490 24.470 ( 4.020) 3.653 3.686 33 $ 7,960 $ 8,274 $ 314 12.000 12.015 . ,, . rl3; 19.960 20.289 329 10,056 9,393 ( 663) 3,853 4,826 973 6,250 4.109 ( 2.141) 20,159 18.328 ( 1.831) 6,609 7,563 954 1,175 522 ( 653) 38 38 7,784 8.123 339 47.903 46.740 ( 1.163) 549.981 529.720 ( 20.261) 16,390 2,390 28,539 2,390 Balance of Cash and Receivable from Utah County Treasurer June 30, 1964 $ 18f780 S 30.929 OREM CITY CORPORATION SPECIAL ASSESSMENT FUND CASH RECEIPTS AND DISBURSEMENTS Receipts F0R THE YEAR raDED JU1E 30, 1964 12,149 $ 12.149 Principal Interest Total Receipts Disbursements Interest Paid Bonds Redeemed Billing Adjustments Loan - Utah Power and Light Company New Construction - Street Lighting New Construction - District K Total Disbursements Excess of (Disbursements) Over Receipts Cash Balance, July 1, 1963 $ 35,473 7,783 $ 43,256 10,904 32,918 735 3,815 2,553 889 Cash Balance, June 30, 1964 51,814 8,558) 21,069 $ 12.511 OREM CITY CORPORATION SPECIAL IMPROVEMENT GUARANTEE FUND CASH RECEIPTS AND DISBURSEMENTS YEAR ENDED JUNE 30, 1964 Property Taxes U. S. Bonds Purchased Excess of Disbursements Over Receipts Cash Balance July 1, 1963 Balance of Cash and Receivable From Utah County Treasurer June 30, 1964 $ 14,387 17,403 3,016) 16,869 8 13.853 ( Assets OREM CITY CORPORATION COMBINED BALANCE SHEET - ALL FUNDS JUNE 30, 1964 Bond Special Redemption Trust and Public r General Total General Assessments and Interest Agency Utility Fixed All Funds Fund Fund Fund Funds Funds Assets Cash on Hand, In Banks $ 118,265 ($ 43,325) $ 12,511 $29,461 $13,680 $ 91,517 $ Class B & C Road Fund $ 14,421 Accounts and Notes Receivable' County Treasurer - Property Taxes 4,741 Utilities and Service Accounts 86,048 Special Assessments Receivable 165,742 Miscellaneous Accounts Receivable 5,696 Inventory of Materials 30,242 Investments U.S. Government Bonds 122,403 Appreciation in Value - U.S. Bonds 4,828 Insurance Deposit Premiums 3,473 Amount to be Provided for Retirement of Bonds 1,511,000 Fixed Assets Land 117,610 Buildings 77,606 Cemetery and Park Improvements 91,154 Automotive Equipment 209,157 Furniture and Fixtures 36,633 General Equipment 38,057 Construction Work in Progress 3,403 Streets and Sidewalk Improvements 555,943 Water and Sewer System 4,687,589 3,100 6,056 1,182 2,000 1,468 173 165,742 ' 35,403 79,992 4,514 30,242 85,000 4,828 3,473 1,511,000 3,403 Total Assets $ 7.869.590 $ 20,299 Current 'Liabilities Accounts Payable Advance Payments on Utility Connections Accrued Interest Payable on Bonds ' Customers1 Utility Service Deposits Contracts Payable Bonds Payable- Water and Sewer Revenue 1,080,000 General Obligation Special Improvements Trust and Agency Fund Balances Contributions U.S. Government In-Aid to Construction Surplus Invested in Fixed Assets 710,625 Reserve for Library p i a? Tmorovement8 $ 1.480.013 $ 20,299 $ 181.656 $ 30.929 $ 49.256 $ $ $ 3,125 11,552 21,315 62,607 1,511,000 186,900 49,256 250,000 1,918,835 44,357 1,511,000 4,687,589 $ 4.987.155 $ 3,125 11,552 21,315 18,250 1,080,000 117,610 77,606 91,154 209,157 36,633 38,057 555,943 $ 14.421 186,900 49,256 250,000 1,503,300 415,535 710,625 5,115 Unappropriated Surplus 2.038,961 ( 100,758) ( 5,244) 30,929 Total Liabilities ? 7f869.590 $ 1.480.013 181-656 $ 30,92? 2,099,613 $ 4,987.155 14,421 j lr126.16Q $ 14.421 THE BONDED INDEBTEDNESS of Orem City at June 30, 1964, (Consisted of the following: Water and Setfer Revenue Bonds - $1,080,000.00 General Obligation Bonds $1,511,000.00 Special Improvement District Bonds $ 185,900.00 STATE OF UTAH ) COUNTY OF UTAH ) ss. CITY OF OREM ) I. hnne Cooper, the duly appointed and acting City Recorder of Orem City, in the County of Utah, do here- ; by certify that the foregoing report of CASH RECEIPTS AND DISBURSEMENTS for the FISCAL YEAR ENDING JUNE 30, , 1964, is taken from the audit report made by Olsen, Gardner and Squire, Certified Public Accountants, which was approved by the Orem City Council. WITNESS my hand and seal of Orem City this 25th day of November, A. D., 1964. ANNE COOPER ( SEAL City Pecorder Winter Sports Headquarters PACKAGE DEAL! Skit Bindings - Boots and tapered Metal Poles (bindings installed, rtady to go). Your choice of Lund or Milltr Skis - Cubco or Millar Bindings. Full doublo Italian or French Ski Boot.- . $750 Reg. $118.40. WHAT A BUY I V Quality At Bargain Prices i BROOKS ICE SKATES (The Very Finest) Reg. $24.50 $1,7W SPECIAL AT 1 Provo's Original Skate Exchange Traa h ywf M dwtot M mw pair ar mi pair that M Fkiiiy at n4 ikatai. haart rJwrsaiiiiif, 7K Utaial HolUw Oiawtd 3 TOBOGGANS Kit Daabla Rurimt ka kmm Hadiay Packs and Ifkks FlnM Wyar SMi (Tha Taps) Aba, aamatitlva braaa! tMi, M ajava h4 bandi, maw shaas (Saar Nw and Craw Cavalry). Giant Stock Reduction Sab Still bi progress. Never have you. seen such pricesl Put away now for Christmas! CHRISTMAS HOURS START AFTER THANKSGIVING -WATCH TH DAILY HERALD. INMUS1 YOUR SPORTSMAN'S HEADQUARTERS 314 W. Center - Prove i |