Show MORGAN CITY corporation STATEMENT OF RECEIPTS disbursements for year ending december 31 1947 balance on hand january 1 1917 RECEIPTS FROM TAXES general fund a memorial building fund streets and sidewalks aw 10 cemeteries and public grounds waterworks Water works af pf f TOTAL TAX RECEIPTS RECEIPTS FROM OTHER SOURCES y city licenses 11 fines and forfeitures 6 V cemetery lot sales and burial fees county allotment to city cemeteries collections from water department motor vehicle registration class croad C road fund 50 morgan countes Coun tys portion of fire department expense miscellaneous income 1950 received from business houses for Night watchman TOTAL RECEIPTS FROM OTHER SOURCES TOTAL TO ACCOUNT FOR disbursements GENERAL FUND salaries salary for Night watchman 00 printing and stationery telephones and telegrams 1096 official bonds 1600 city court fire department maintenance police department maintenance ro agoo 6 W election travel 2200 00 oo miscellaneous expense audit of city books for 1945 and fire station paid to morgan county jail maintenance paid to morgan county rent for city office paid to morgan county 4 assessments and collection of taxes pd to morgan co partial payment for sewer survey membership dues in municipal league Ala mayors contingent expenses insurance truck expenses TOTAL GENERAL EXPENSE ih STREET AND SIDEWALK maintenance labor materials s TOTAL STREET AND SIDEWALK EXPENSE cemeteries AND PUBLIC GROUNDS labor materials ir fence and gravel for cemeteries T TOTAL CEMETERY AND PUBLIC GROUND EXPENSE waterworks WATER WORKS department labor materials master meters to measure water at source pipe finder water meters dieters TOTAL waterworks WATER WORKS EXPENSE TOTAL disbursements balance on hand december 31 1947 represented by 68 cash in first national bank of morgan MORGAN CITY corporation BALANCE SHEET DEC 31 1947 ASSETS CURRENT ASSETS treasurers Treasur ers bank account less warrants outstanding TOTAL CURRENT ASSETS FIXED ASSETS waterworks Water works streets and sidewalks cemeteries and public grounds fire department office equipment TOTAL FIXED ASSETS TOTAL ASSETS liabilities AND NET WORTH withholding tax 1 surplus I 1 TOTAL liabilities AND SURPLUS 2 MORGAN CITY corporation POWER department MENT STA STATEMENT OF RECEIPTS AND disbursements for year ending december 31 1917 INCOME power and light sales penalties collected sale of salvage from government bonds miscellaneous income 1045 TOTAL INCOME disbursements power superintendents salary assistants salary office salary printing and stationery telephones and telegrams truck expense travel interest on meter Depo deposits siti bond interest miscellaneous expense 1 2 J 3 18 audit of power department books 1945 and insurance depreciation on office equipment 2088 labor on distribution system miscellaneous supplies for distribution maintenance of service lines maintenance of street lights depreciation on distribution system TOTAL EXPENSES a PROFIT FOR YEAR J MORGAN CITY corporation POWER department BALANCE SHEET DEC 31 1917 ASSETS CURRENT ASSETS cash on hand december 31 1947 1500 cash in bank consumers accounts receivable ilg less reserve for uncollected accounts accounts from morgan city general fu funds ads the above amount was borrowed from the power department for roads and the city truck TOTAL CURRENT ASSETS S FIXED ASSETS land water and rights of way distribution system i t less reserve for depreciation 1519 4 0 office equipment 13 less reserve for depreciation a 4 TOTAL FIXED ASSETS TOTAL ASSETS 99 liabilities AND NET WORTH bond issues outstanding accrued bond interest none meter deposits 0 sales tax payable 77 withholding tax payable 7 1 10 TOTAL liabilities A 13 SURPLUS excess assets over liabilities 1 I goldie waldron city recorder of morgan city morgan county state of utah do hereby certify that to the best of my knowledge and belief the above abo ve and fore foregoing going is is a full and correct statement of the financial condition of morgan city corporation and the municipal power department as of december 31 1947 1 IN WITNESS WHEREOF I 1 have hereunto set my hand band and affixed the corporate seal of morgan city i morgan county utah this day of january 19 IS SEAL r GOLDIE WALDRON acting city recorder i 5 RESPECTED MAME 11 IN CA ic i S ro copl PL APS IS i th qu rf to f 0 cco o dw 0 I 1 ff ct ll vl f M mo c d al at C aa oa S ap all 2 h ly sa s1 10 12 10 mlp 10 S 0 arop LITE IN 11 13 min I 1 10 fo elf 0 eh o labial cw aim s y i h irs law ofa P ift ln I 1 to fl Hr adaha fol flood HS pr alla S ah and ftc colda holl H oll AT your |