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Show PROVO CTTY TORPORATKW: miPAIlAft'E'rAiEtXOF REVENUES t v IN AND EXPJLNt)ITyiES ' jL!ll COMPARISON WTTH BUDGET ESTIMATES -YEAR ENDED JUNE 31, 196? , OF REVENUES STATEMENT , AND EXPENTITURES -S- JUNE 3MK7. "r YEAR ENDED PECIAL C Uih FUNDS Under or Taxes Licenses and Permits .'. J.'........T.T . ....... Fines, Forfeitures and Penalties Revenue. From Use of M.oney and Property Revenue From Other Agencies Charges for Current Services r From Active Funds ... ., 472,894 468,793 ( 4,101) 159,250. 156,61$ (. 2,632) 132,116 ( 133,000 . 9.400 , 40,473 - 126.J00 - 471,463 Traaster-Fro- Total Revenues 14,784 5,384 40,474 1 164,273 '38,173 . 4tf ... , Total Expenditures . . - . -- sriri::'' ....... .... .. 483,274 693,766 327,483 13,315 101,551 323,822 62,522 - - TtelS - 18,4661 4,908) 985) ( ( r:336.498 89,335 312,498 62,362 ' ( $ $ 103,144 ,48,062) 182.536 36.923 ".' 6.608 t 23,186 1,848 t ; 73.900. Miscellaneous 463 521 72,906 19,845 170,513 - Total Trans. Expense.... Distribution Expense -- -Operatfen 77T..7;.V. ; ,vr Maintenance .............. Other Metered Sales . Flat Rate Sales Service Installations Other ....... 833,382; - -- 6900 153,090 319,639 101,591 16,93$ 176,227 Total Expense . - 1,818,090 $ Net Income $ ., -- Total Expenses 758 463 $ $ 816,340 73,753 J.f jL4Mj $ 147 19,845 $ 18,933 (2,625) $ 1,238 September 24, 1967 Revenuet 75 $ ..... : !VcrW -- 34,946 453,587 IO433 32,816. $ 596 $ 20,524 $ .6,580 253$ (3,542) PROVO CITY CORPORATION -- " 1 . : . 7 9,358 7,487 1,871 Total Revenut - Operating Expersei m 1,591 PROVO CITY CORPORATION TERRY J. OLDROYD, ' City Auditor H9.587 849 TTnrfor Construction 212,436 - ' - : ; Net Income 279455 1,170480 $ , 32,008 $ 33,043 - .. $ 30, 1,509 128,285 Library Fund ($ 241 9,016 Airport Fund $ 304) 9,908 . $ 1,768 $485 4,868 84 80400 .. Total Expenses 199497. Net Income 41,594 $ ,702 1967-AS- SETS Pool ? 4 120 ' 200 600 Total Other Expenses Swimming $ 1540$, Uncollectible Accounts 166,067 NE : 80,078 ..... FUNDS-JU- 16,338 Depreciation Special Services .......... Injuries and Damages .... Employees Welfare Exp. , Retirement Fund Employees Retirefent .... Communication System ... "4,994 Special - 8,590 12,798 :lnwan(T;-TO3iz- 207,661 25,586 Improvement Grty. Fund r- 613,478 BY - 152,709 . Supervision 55,409 Total Expenses BALANCE S HEET (XJRPORATION 2,358 Total Maintenance Exp. Other Expenses "$ j 361,885 ... Expense 201,199 Billing and. Collecting Exp- .- , 12,972 Total Operating Expense Maintenance Expenses , 6,462 General and .. Administrative expenses 1767 -- $ $ ... Expenses: Operating Expenses ........ Maintenance Expenses ..... Customers' Accounting, $5,360' 8,262 5,090 Trucks ......... 217,099 . Truck Labor Disposal Plant Labor .... Gas and Oil . . Disposal Plant Operation , Others 60,253 6,569 $ Expenses! Supervision.. Sales to Customers Electric ' Waterworks Sanitation Department Department Department 35 2,724 Fund $ 7,965 -- Class "C" Road Fund $ : - - 22,032 29 Employees' Compensation . Fund Capital Asset Fund " ; Sewage Disposal $ $ 74,441 . Vijm " police Pension Fund Improvement . Fund Department $ r- Special $ 32,174 147,154 103,753 3,971 208,148 174 2,985 . 25445 140,545 185,647 6,593 . 1522 n0,821 6,593 .117,841 630489 117,841 J30,389 667 284 30426 13,701 9,408 78,801 194,961 -i- 13 33,810 185,553 -i- o,9ir o,9ir 21,731 22,336 567 " Trrwation Svstem and Water Rights Streets, Sewers, and Improvements .. Buildings and LanaT; Parks and Playgrounds . and Fnumment Atifomnhilpa M KI1IVMMVU l 1 Furniture, Fixtures and Equipment .... Parking Meters Swimming Pool v;.... ....... 487,182 3,772,889 1,596,077 ......... Plant Machinery and Eaubment: Net Electric Department Waterworks, sewage ana wasie Net . Reinoval Departments IU ViVl AilVCOUUiWUlO Amount to be Provided for Bond Retirement :477,788: 838477 MX M 216,541 -- 85,666- 4,699,443 4,699,443 856,509 , General" Fund - AllFunds . General Contracts Payable Reserve for Injuries and Damages Customers' Deposits Due to Other Funds ................ Accrued Interest Bonds Payable ' .. ' T Revenue General Obligation Special Ifprovement Districts Contrfcutions in Aid to Construction ' Surplus:' Unappropriated Reserve for Bond Retirement $ r..... Assets fotal Liabilities and Surplui 138,681 342,600 90,253 210,053 $ V 29,192 " U435 -1- 418,000 1 8,671,728 $ 6,838,343 $22,166499 r 96,109 BALANCE SHEET BY ' Electric Waterworks Sanitation Department Department Department $ $ 19,544 . 89,431 126,956 6,248 11,236 897.000 $ 4,479 248,300 ' Special E 30, '. ' $ $ 237,407 $ 209,517 $ 111450 1967LIABI1JTIES AND SURPLUS ! Improvement. Library Fund .Grty.Fund 3,610 " - 540 1,729 FUNDS-JUN- $ 10,578 . 879 Airport Fund $ 200 Swimming Pool Fund $ 504 10,000 $7,339,837 $1,773,384 Capital Asset Fund Sewage Disposal $ $ 961,368 214,641 v XIass "C" Road Fund $ $ Employees- 'Compensation Fund I" f 2,194 ; Department $ - Police- Improvement Fpnd Pension Fund $ 8,152 - t $ 35,554 V . . ; $ 138,630 :'.-. , 822 ' ' : 82,557 99 160 1,979 ''rr "t- 77 10,000 , 2,618 24,702 125,000 1 895,000. 847,949 140,004 $30,CI 10451,478 165,000' 6,239,416 $ 802,000 ' 847,949 1,770,838 ........ 1,000 -3- 02,000 . 68,565, 94,300 78401 .".................. . 1,583,789 802,000 $22,166499 Total- SS.325 2,986,156 10,570 4,623,270 10,570 302,000 .... . 201,552 PROVO CITY CORPORATION Accounts Payable 487,182 3,587,944 1,546,339 184,945 49,738 838,377 216,541 "85,666 201,552 TOTAL ASSETS fixed $ -- 32416- 6,542 - Special Improvement Assessments Receivable Due From other runas Mj)tfiTls flnd SUDOUeS Tnverrtnrip "Accrued Interest on United States Securities Prepaid Expense . JrTJ6U ASS6XS 84,976 Respectfully submitted, Total Revenues . . Cm ; $ 523,764 2,934,111 fiimrirv Arwiunts Rwieivabla Electric, Waterworks, Sewer and Sanitation Net . $ Container Rental Income ...$ Less Rentals Paid on Containers . PROVO CITY CORP. STATEMENT OF OPERATIONS YEAR ENDED JUNE 90, 1967 $171,929 General Total All Funds - Fund Departments Tax Sale Deeds 18,974 -- Sanitation Service Sales $ 537,814 Net Income 74726 " Invested in United States Securities Accounts Receivable,: .. Taxes County Treasurer Contracts Receivable 6,580 STATEMENT OF OPERATIONS SEWAGE DISPOSAL DEPARTMENT 480,549 2,770 35,723 18,772 ....,,... PROVO Cozh nn Han1 and in Banks 20,524 417 Revenues! Total Revenue Expenses: Source of Supply Expense .. Purification Expense Transmission and Distribution Expense ..... Customers' Accounting, Billing and Collecting Exp. Administrative and General Expense ......... 97,249 Total DistrSb. Expense .. Customers Accounting, Billing and Collection Exp. Sales Promotion Expense .. Administrative and General Expense - YEAR ENDED JUNE 30, 1967 Revenues: 9,771 58,796 Other, 9.319 117,706 103,144 WATERWORKS DEPARTMENT PROVO CITY CORP. STATEMENT OF OPERATIONS YEAR ENDED JUNE 30, 1967 766,815. Maintenance 3.038 17,068 Supplies Miscellaneous Transmission Expense Operation t .20.777 $ 10-10-- 26 220,194 60,748 89.571 Total Generation Exp.... '408 .459,600 . ........ 6,569 - 38,513 Excess (Deficiency). of Revenues Over Expenditures $2,565,716 Expenses: '. Generation Expenses Operation Maintenance Other '2,630 56,683 $ .J03464 Total Revenue 90.372 ft 20,171, 1,107 The report submitted herewith eovers the twelve month period from July 1, 1966 to June 30, 1967 in conformance with Section otthe said Fiscal Procedures Actl The financial records of Provo City have been independently audited by the firm of Gardner, Squirf and Gilbert, Certified Public Accountants of Provo City, Utah. $2,462,152 40,944 42,982 19,638 8 430 . Total Electric . Energy Sales Forfeit Discounts and Penalties ......;;.....$ Interest on Investments . . ... 14,208 20,171 17.221 $ 01 the Municipal Fiscal Procedures Act, Pursuant to the provisions of Section as enacted by the 1961 Utah State Legislature, I submit herewith a. report of the. financial con: 1 dition of Provo City, Utah at the close of business on June 30, 1967. , 4,735 ... T CmpsatioiL Fund 4 10-10-- ...... Highway Lighting 230 -- TO THE CITIZENS OF PROVO CITY, UTAH: 1,433,955 - $ SANITATION DEPARTMENT $943,462 .. ' 442.774 '. YEAR ENDED JUNE 30, 1967 , , 'Employees', .Pension Fund 3.418 STATEMENT OF OPERATIONS Revenuesr Sale of Electric Energy Residential and Domestic . Cofmercial and Industrial Public Street and Fund Class XT.. Road' Fund .$ PROVO CITY CORPORATION ELECTRIC DEPARTMENT , Pool.: 190,000 TOTAL EXPENDITURES ($ 70.252 - New Construction . Assessing' and Collection of Taxes 12,219) 11,324) 160) ( ( $ 1,957,674 $ 2,005,736 Excess or (Deficiency) of Receipts Over Expenditures . ........ ' 464,808 688,858 " $ -- . 9,026 Expenditures: New Equipment Purchases Benefit Payments Maintenance of Streets Supplies and Expenses Interest Bonds Redeemed ...?.:.. Advances, to Districts Under Construction 55,062 . Planning and Engineering ...... Parks and Recreation .., ; Debt Service ........... .......W.w.... ; . -- $ (2,060,818 S 5,661 J REVENUES 5)20--t--36,443) $2,005,736' Expenditures: 'fv v General Government Public Safety Public Works .ttt.i. v.r. . . .7777; PubllG HSfllill f Oft m -- , f 8.194 Principal Assessments ..................... Interest on Assessments ,, Interest on Investments Service and Rental Receipts Fees and Sales of Books '. Sale of Bonds 884) . Airport Fund ........ Fed.. State and County Paymente 4 ' 17.525 $ Contributions ......... Property Taxes " Revenues: Budget " : Library. Fund. - XOver) Actual Budget Police Swimming. Special Improvement Trust Guaranty, Fund7 Fund ' . V iitiuiu ' .. Revenues: wmiium; Otah, County, " 1,887,929 1401,973 182,908 1,100,674 $8,691 186,630 9,639 - V ' 64401 T.384 89,008 6,037,864 201,552 ..$C4WI $1471,728, r ---"B2,084 U5,000 . 855408 & 589,577- -- 10,000 60,000 $ - 145,953 $ 98,108 $ 136,630 $ 10,578 1 83707 809,5 j 1450' ' WW $ .. t J $7469,837: fc, $ 1.773,384 - " - - - - -- 9&1368 ; $ 214,641 |