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Show LEHI FREE PRESS WEDNESDAY. DECEMBER 29, Lohi City Financial Report Lohi City Municipal Corporation All Funds Combinod Balanco Shoot Juno 30, 1976 TOTAL ASSETS 50 $ Petty Gash 165.245 Beak Due Fro Veterans Ball Park Due From Due 81,450 10,464 Front Revenue Sharing 20,568 Fund Interest The Retirement of Bonds 11,332 4,118 67,843 25,234 35,808 1,882 2,260 29,447 5,157 9,931 .24,191 20,568 5,816 5,816 205 205 11,444 11,444 665,025 Building and Equipment Utility Plant in Service 665,025 110,341 81,326 29,015 2,925,702 2,220,030 705,672 Investment in General Fixed Assets 709,930 709,930 11.410 Construction in Process $4,955,329 Less Reserve for Depreciation Less Reserve for 11.410 $ 112,840 $ 2,409,191 1,127,181 Bad Debts 1.129.880 $ TOTAL ASSETS jjll2.5--' $11,444- 16,138 - CONTRIBUTIONS, RESERVES SURPLUS AND " Liabilities: to Other Funds Due $ ?irTex Anticipation Notes r" Customer's Meter 'Deposit. Bond $ j $ 11 2. 840 Interest Payable' in Future Years Accounts Payable Due Metropolitan Water Dtrr. Warrants Payable Total Liabilities Contributions : Contribution in Aid Construction TOTAL 81,449 $ a. 140,025 14,239 18,050 8.000 038. 978 $ 375,330 $665,025 458,153 $ $ 28,309 $ ELECTRIC SPECIAL ASSESSMENT 742.473 .387,407 $ 709,930 $ 709.930 $ 88,411 $11..44.4. 3G.138 WATER REVENUE WATER FUND $ SINKING BOND $ SEWER CONSTRUCTION UTILITY FUND FUND FUND 2,800 9,928 68,481 1,070 $ $ 665,025 GENERAL BONDED DEBT GENERAL GENERAL REVENUE BONDED DEBT FIXED SHARING FUNDS SINKING FUND AND 33,608 $ 2,260 INTEREST $ ASSETS $ ; FUND .... 8,710 605 6,000 219,000 525,000 17,900 140,025 13,671 568 13,050 5,000 44,833 $ 8.800 $235,101 23.451 $ 8.000 59.508 $ 2.260 $ 665.025 to Reserves: $ Surplus : Unappropriated Surplus Unappropriated Surplus $ 537,447 $ 49,231 14,692 4,084 88,411 Road Fund Appropriated Surplus Investment in General Fixed Assets Total Surplus 19,324 26,070 $356,006 657,615 369,712 3.180 $1.386.513 ZZZH 45.394 $ $ -- 0- Class "C" Road Fund Total 28,309 1,941 SEWER AND 31,783. Contribution by Municipality 683,685 Contribution by Federal Gov't 369,712 3.180 Contribution by County Gov": Total Contributions $1.431.907 Collector $ 758 $J6J6,7J,8 9,315 767,900 s Payable $68,481 " GENERAL FUND MEMORANDUM 845,560 385,466 SEWER AND LIABILITIES, $ 741,715 I 2,699 Total Deductions , FU5B to be Provided For Amounts . SHA1XXC ASSETS 1,633 Other Funds Investment in Water Stock 1EVXSUE FIXED 155,296 11,511 Contribution to Sink 76,967 8,131 9,184 52,151 8,007 13,393 Inventory FUNDS GENERAL GENERAL BONDED DEBT AND INTEREST GENERAL BONDED DEBT SINKING FUND $ 1,633 Sue From Other Agencies ftp Coa SPECIAL ASSESSMENT 8,772 155,296 Golf Course ty (64,481) ELECTRIC UTILITY FUND $ 43,815 Receivable Trl-Cl- SINKING BOND $ 34,006 Accounts Receivable Assessments 50 $ SEWER CONSTRUCTION FUND FUND WATER REVENUE SEWER AND WATER FUND GENERAL FUND MEMORANDUM in A--l 1975-197- 6 SEWER AND Cash EXHIBIT 1976 709.930 $1.354.564 $ 45,104 7,338 11,444 $ 389,308 8,973 26,049 14,692 4,084 88,4111 $ 68.007 $ 112.840 $ 45.104 11.444 $ $ 7.338 $389.308 $ 8.973 16.138 $458.153 $ 68.481 ? 1 26.0? $709.930 $ 88.4111 $709.930 $ MJH. Liabilities, Contributions, Reserves and Surplus $1.666.718 $ LEHI CITY MUNICIPAL CWORATION EXHIBIT B- -3 GENERAL FUND STATEMENT OF REVENUES ESTIMATED AND ACTUAL FOR TWELVE MONTHS ENDED JUNE 30, 1976 - . Property Taxes: General Property Tax ESTIMATED ACTUAL REVENUES REVENUES $116.000 $119,286 EXCESS OR (DEFICIENCY) $ 3.286 Other Taxes: Sales and Use Taxes $ 50.000 $ 57,834 $ $ 6,000 $ 2,500 3.000 $ 11-50- 0 $ 7,344 3,934 2.150 1,344 1,434 (850) 13.428 1.928 Revenue From Other Agencies: State Liquor Fund Allotment Class "C" Road Fund Allotment collector Road Fund Allotment $ 8,796 14,198 $ Federal Revenue Sharing 8,797 14.538 21,600 $ 89.705 1 340 Garbage Collection Fines, Forfeitures and Penalties: Court Flnas (Other Revenues: Sundry From From Sale of Fixed Assets Electric Utility 14.748 Fund Vattr Department for Bonds Payroll Reimbursement From Governmental Programs 21,600 (7.193) $ $ Rentals From 44.770 7A'95i County Fire Fund Cemetary Fees 7.834 Licenses and Permits: Business Licenses Building and Construction Permits Other Licenses and Permits Charges For Current services: TOTAL 10,766 9,953 300 225 38.000 44,968 $ 10,766 953 (75) 6.968 18.612 $ 47,300 $ 65.912 $ $ 6.000 $ 8,515 $ 2.515, 926 $ 3,019 1,325 92,000 3,430 $ 2,093 1,325 $ -- 0- 92,000 48,205 -- 0- -- 0- (44,775) 31.125 31.125 $141,131 $130.899 $446.888 $485.579 REVENUES ,. (10.232) 38.691 |