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Show riSCAL TEAR ENDING JUNE 30. 1960 Receipts and Beginning Balances Cash on Hand July 1, 1959: Operation and Maintenance Fund . $160,263.62 Building Fund . 423,607.96 Total Balance ; $ 588,871.58 Revenue Received During Year: County Tax Revenue: Oepration and Maintenance . 970,837.50 Building and Debt Service 492,167.53 Total 1.463,005.03 State Department of Finance: Uniform School Fund 77,841.14 Vocational Education .. . 2,870.02 Driver Education ... . 3,67920 Guidance Program . 1,14814 total 85,538.50 School Lunch: State Lunch Revenue 7,318.70 Federal Lunch Revenue 12,803.82 Lunch Sales 41,496.48 Total 61,619.00 Sundry Revenue Receipts: Interest on Invested Funds 10,111.46 Building and Ground Rentals .. 8-11.80 Total 10,960.26 Non-Revenue Receipts: $ 709,94027 Total Receipts and Bcg1"'"C Balances $2,919,934.64 Expenditures and Ending Balances Administration: Administrative Salaries $ 25,359.63 Supplies and Materials 8,675.15 Total $ 34,034.78 Instruction: Instructional Salaries 62,114.71 Books and Magazines .. 19,312.01 Instructional Supplies 24,805.41 Other Instructional Expenses 19,642.18 Total 701,974.31 Auxiliary Services: Health Service 4,06225 Student Transportation Costs 32,596.82 Community Service 9,862.50 Public Adult Education Frogram 2,117.91 School Lunch Program 65,993.34 Total . 121,779.90 Operation of Plant: Salaries of Custodians 39,551.39 Fuel or Heat 11,710.87 Other Utilities 14.342.73 Operation Supplies 14,131.34 Other Operational Expenses 1,539.04 Total 81,275.37 Maintenance of School Plant: Salaries of Custodians 10,971.61 Supplies and Services 11,794.87 Total 22.766.43 Fixed Charges: Employee Insurance 24,727.02 Building Insurance 4,337.04 Social Security Fund 19,171.79 School Retirement Fund 18,226.64 Tax Collection Costs 19,144.53 Water Assessments 133.65 Capital Outlay: Sites 100,056.52 New Biuldlngs 516,595.91 Remodeling and Improvements 127,862.17 Additions to Buildings : 219,131.39 Furniture and Equipment 51,013.94 Total 1.014,659.93 Debt Service: i Interest on Bonds 14,877.50 Total 14,87750 Cash on Hand July 1, 1960: Operation and Maintenance Fund 127,135.08 Building Fund 715,690.62 Total 842,825.70 TOTAL Expenditure and Ending Balance $2,919,934.64 Balance Sheet July 1. 1960 ASSETS Cash $ 842,825.70 Sites 473,61159 Buildings 4.177.925.89 Library and Textbooks 35,426.32 Furniture and equipment 354,823.48 Transportation equipment 69,386.56 Supplies Inventory .. 15.147.CS Revolving Accounts 18,386.56 Accounts Receivable 11,073.14 Total $5,998,606.33 LIABILITIES 1 Bonds payable 700,000.00 Excess of assets over liabilities 5298,606.33 Total $3,998,600.33 4 STATUS OF BUILDING FUND Receipts and Beginning Balance Cash Balance July 1, 1959 $ 528,871.58 Receipts: Interest earned 10,111.46 ' Sale of building bonds 700,000.00 Tax Revenues 492,16753 Total $1,731,150.57 Expenditures and Ending Balance Sltcs 100,056.52 New buildings 516,595.91 Additions to buildings 219,131.39 Improvements or remodeling buildings .. 127,862,17 New equipment and furniture 36,936.46 Debt service Interest on bonds - 14,877.50 Cash balance, July 1. 1960 715,690.62 Total $1,731,150.57 IRON COUNTT SCHOOL DISTRICT j BONDS PAYABLE j Fiscal Tear Ended July 30, 1960 ; Bond, Amount Retirement Date ' 1-A - 25 A 1000 each $25,000.00 December 1, 1960 3V4 26-A 50A 1000 each $25,000.00 December 7, 1961 3 ' 51-A 100A 1000 each $50,000.00 December 1, 1962 3 101A 150 A 1000 each $50,000.00 December 1, 1963 3H 151A 200A 1000 each $50,000.00 December 1, 1964 3tt 201A 250A ' 1000 each $50,000.00 December 1, 1965 3K 251A 300A 1000 each $50,000.00 December 1, 1966 3 301A 350A 1000 each $50,000.00 December L 1967 3K 351A 400A 1000 each $50,000.00 December 1, 1968 3 401A 450A 1000 each $50,000.00 December L 1969 3K 451A 500A 1000 each $50,000.00 . December 1, 1970 31 501A 550A 1000 each $50,000.00 December 1, 1971 3 551A 600A 1000 each $50,000.00 December 1, 1972 3 601A 650A 1000 each $50,000.00 December 1, 1973 3X 651A 700A 1000 each $50,000.00 December L 1974 3 $700,000.00 15 years 3.708675 sverags |