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Show LINDON CITY CORPORATION Statement of Revenues and Expenditures for the Year Ended June 30, 1973 GENERAL FUND Revenue! and Expenditures for the Year Ended June 30, 1973 Revenues: Property Taxes: Current Year Prooerty Taxes $ 39,640 Redemption of Prior Years Taxes 360 Penalties and Interest on Prior Years' Taxes 16 $ 40,016 Other Taxes: Sales and Use Taxes 8,128 Licenses and Permits: Business Licenses s 2,499 Building and Construction Permits 3,107 Dog Licenses 614 6,220 Revenue from Other Agencies: Federal Grant - PEP Program 25,580 State Liquor Fund Allotment 2,773 Class "C" Road Fund Allotment 5,985 Federal Shared Revenue 12,362 Utah County Shared Revenue 600 47,300 Fines, Forfeitures and Penalties: Court Fines 4005 Other Revenues: Interest Income 916 Sundry 124 1,040 TOTAL REVENUES $106,709 Transfer from Other Funds: Special Assessment Funds 749 TOTAL REVENUES AND TRANSFERS FROM OTHER FUNDS $107,458 Expenditures: General Government: Administrative: Personal Services $ 5,061 Materials, Supplies and Services 6,237 Other Charges 142 $11,440 Municipal Court: Personal Services 1,500 Other Charges 181 1,681 City Hall Building: Materials, Supplies and Services 565 565 TOTAL GENERAL GOVERNMENT $13,686 PUBLIC SAFETY: Police Department: Personal Services 16,199 Materials, Supplies and Services 1,115 Other Charges 1.376 Capital Outlays U73 19,863 Fire Department: Materials, Supplies and Services 1,950 1,950 Inspection Department: Personal Services 1,200 Materials, Supplies and Services 89 1,289 TOTAL PUBLIC SAFETY 23,102 PUBLIC WORKS: Streets and Highways: Personal Services 19,841 Materials, Supplies and Services 8,551 Capital Outlays ' 428 TOTAL PUBLIC WORKS 28820 PUBLIC HEALTH: , :' Health Services: Materials, Supplies and Services . 444 CULTURE, PARKS AND RECREATION: ,u Recreation: Materials, Supplies and Services " 1,212 Parks: Personal Services Vt 430 Materials, Supplies and Services '' 1038 Other Charges 521 Capital Outlays 11.873 13,862 Libraries: Materials, Supplies and Services ' 225 ' TOTAL CULTURE, PARKS AND RECREATION .rt'.' .... ' 5,299 ' e ; OTHER EXPENDITURES: ' ' Provision for Retirement of Tax Anticipation Bond .... 10,000 Interest 1-733 11,733 TOTAL EXPENDITURES 93084 Excess of Revenues Over Expenditures $ 14,374 SPECIAL ASSESSMENT FUND fl" I Statement of Receipts and Disbursement, for the Year Ended June 30, 1973 RECEIPTS: Interest 78 DISBURSEMENTS: Transfer to General Fund 749 Excess of Disbursements Over Receipts .' $ 671 WATER AND SANITATION UTILITY FUND Statement of Income and Interest for the Year Ended June 30, 1 973 OPERATING REVENUES: Sale of Water: . :; Metered Sales $ 31,447 Irriaation Water Sales 1,759 $ 33,206 Other Revenues: Waste Collection Charges ; 9753 Water Connection Charges 3,650 Sale of City Property 4-2 Penalties and Miscellaneous 551, 18,154 IOIAL OPERATING REVENUES 51,360 OPERATING REVENUE DEDUCTIONS: Operating Expenses: Distribution, Collection and Maintenance: 'Salaries and Wages ' $ 5,370 Materials, Supplies and Services 19,272 24,642 Administrative and General: Salaries and Wages 2,424 Materials, Supplies and Services 464 Insurance and Surety Bonds 793 Employee Benefits 1-508 5,189 TOTAL OPERATING EXPENSES f9,831 Depreciation 15'664 Jc TOTAL OPERATING REVENUE DEDUCTIONS $ 45,495 Operating Income 5'865 ADD NON-OPERATING INCOME: Interest Earned on Investments NET INCOME 6-l60 Transfer of Earnings to Bond Redemption and Interest Funds . ' INCOMJL.RETAINFD V6U Water and Sanitation Utility Fund Balance Sheet June 30, 1973 Assets Current Assets Cash in Bank $ 17,046 Accounts Receivable 6-445 Total Current Assets $ 23,491 Investments in Water Stock 13,000 Land 2-48 Wells and Collection System $ 47,232 Water Storage Tanks 42,456 Distribution Mains 299,910 Meters and Hydrants 29,384 Total Water Distribution System 418,982 Less Accumulated Depreciation 131,369 287,613 Machinery and Equipment 26,801 Automotive Equipment 1,893 Total Machinery and Equipment 28,694 Less Accumulnted Depreciation 12.04? 16,652 Total Fixed Assets 306,673 TOTAL CURRENT AND FIXED ASSETS $343,164 Liabilities, Contributions and Retained Earnings Current Liabilities - Customers' Deposits 516 Contributions: Contributions by Federal Government $ 90,594 Contributions by Municipality nSn Contributions by Customers -lD.OBU Total Contributions 3.36,674 Retained Earnings ..'.."''."' 5,97i Total Liabilities, Contributions & Retained Earnings $343,164 |