Show annual financial report OF THE RECORDER OF PAROWAN CITY corporation FOR THE YEAR ENDING DEC DECEMBER 31 1942 5 0 00 FUND BALANCE JANUARY 1 1942 SINKING 6 4 42 chacka checking ng account GENERAL FUND department receipts receipt and taxes 63 library finn fines rentals 5 70 3 4 general licenses 8 4 00 dog to taxes or licenses Licen sea cemetery fees and sale of lots 82 14 00 0 fm fines in an J justice tice court sol sales tax twelve months 1940 22 2206 0 so sale of supplies i current taxes from iron county 65 fees and sale ot of arrays mrs miscellaneous receipts 1223 miscellaneous refunds refund from city building rent read 12 18 income 00 trans tram from electric water expenditures expenditure state insurance ce Coli collecting mung general taxes Tre treasurers Treasur ammers ers bonds printing pr tong in parowan Pa Par rowan times feln telephone ephone expense office supplies 1 93 miscellaneous expense payment of yankee mankim res reservoir oar 2 97 I 1 98 officers salaries 6 afi library expense 1405 06 97 streets and sidewalks expense sp SPECIAL ECIAL improvement FUND cash balance january ast 1st 1942 00 tax sale redemptions ons expenditure dmares NONE balance december 31 1942 53 53 waterworks WATER WORKS department cash balance january 1 1942 2 50 receipts from water rentals 5 58 08 expenditures expenditure m waterworks Water world works department tm transfers mo adem to water bond and sink fund 2 00 Trans transfers fe to water oper and manor fund 1000 1 00 Tran transfers to general fund 1 00 4 00 cash balance december 31 1942 08 SPECIAL ROAD FUND receipts and gas tax apportionment 3 66 expenditures cash balanes balance december il 31 1942 79 RACING FU FUND ND receipts from race meet 80 expenditures NONE cash balance doe dec 31 1942 80 HYDRO ELECTRIC department balance january 1 1942 95 receipts from light and power rentals 1206 12 2 57 7 12 52 total expenditures expenditure transfers to E electric 1 extrac bond sinking fund 1760 1 00 transfers lers to sink sinking ing fund 5 00 transfers to electric oper ama gamt t il fund d 3 00 transfers lers to general fund 1500 00 cash balance december 31 1942 1071 52 hydroelectric HYDRO ELECTRIC BOND TNT INT fc SINKING FUND balance january 1 1942 3 71 transfers fro from electric income total 5 71 expenditure bond payment end and interest 1292 00 cash balance december 31 1942 71 waterworks WATER WORKS BOND ik TNT INT SINK FUND balance january 1 1942 Trans transfers ferat from water income fund expenditures expenditure bond payments and an interest terest 2 00 balance alance B december 31 1942 hydroelectric HYDRO ELECTRIC AND WATER EXT SINKING FUND balance january 1 1942 Trans transfers feas made Expand expenditures almas from fund payments on an bonds due 1 in 1942 8 00 cash balance Docco december riber 31 1942 5 00 total receipts and beginning balances balance 88 total expenditures for year 1942 58 B balance 1 I Dec december earb 31 1942 30 1942 warrants 1 38 fund ford balances balance 24 BONDED indebtedness OF PAROWAN CITY corporation AS OF DECEMBER 31 1942 hydra electric and nd witter water extensions extension bond bands issued october 1 1923 matures madiam 1943 int aih Water waterworks works Ifie revenue bondi bond issued oct 1 1934 mature 1963 int 4 00 hydra electric revenue barms bond bonda issued oct let 1 1934 mature 1963 int 4 total balance an sinking fund old 00 electric bond and int sinking funds 71 water B bond an d and int sinking fund 1579 00 10 71 bonded indebtedness less sinking funds STATEMENT OF FINANCIAL CONDITION OF PAROWAN C ITY CITY CORP DEC 31 1942 A AI adf I cash on hand 14 notes receivable light and water accounts due N not t delinquent curb and sidewalk to taxes due cemetery accounts due 2375 payments due on an sto stoves v 2000 0 inactive accounts elect electric 4 inactive a accounts water 24 2400 0 0 net notes receivable funeral 81 lashia liabilities it outstanding warrants for 1942 1574 38 accounts with credit 4 53 hydro hydra electric and witter water exl EL bonds bond 00 interest on above bonds electric revenue bonds and ad irit int water revenue bonte bomas and int 2 00 14 91 PAROWAN CITY STATEMENT OF PROPERTY AS OF DECEMBER 31 1942 hydroelectric hydro electric equipment generating equipment power plant elec electric tr ic distributing st light J bights ejae electric sup tools pipeline intake 00 00 waterworks Water works system 25 00 waterworks Water works equipment 27 00 1 00 and tools waterworks Water works supplies streets street eq equipment ment 15 0 00 0 grader 1 ader 2500 F fresno asim 2500 00 tongue scraper 4 snow scrappers Sc rappers real estee owned C city aco co building 45 I 1 interest ri 5 00 V int interest t in yankee reservoir city park race track dump ground serij corral lot and improvements bank building city office 5 00 bank and city 0 office affo personal property city hearse 00 sexton s equipment office furniture 00 siren at almarin parowan service C co 9 0 fire engine and equipment 2 00 city tools for far W P A certificate STATE OF UTAH j SS county of 0 iron 1 I samuel J whitney city records recorder of P tua city catt utah hereby certify that the above statement of the financial 1 co condition of Par carowan parowan owain city represents best of my knowle knowledge ciry e and belief a full true and correct statement for parowan carowan city corp corporation orti tion of the receipts and disbursements for th the xe year 1942 bonded indebtedness as of december 31 1942 and the estimated led value of property on december 31 1942 SAMUEL J WHITNEY city recorder of parowan carowan city utah |