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Show FINANCIAL REPORT OF PLEASANT GROVE CITY Revenues and Expenditures for the year 1954 GENERAL FUND REVENUES: General property taxes 37,605.19 Building inspection fees 354.00 Business licenses 7,128.93 Dog licenses 1,057.00 Fines and forfeitures 4,819.00 Fire Department runs 1,839.18 Garbage collection fees 3,173.15 Interest income 610.90 Irrigation water rentals 381.88 Library income 209.23 Miscellaneous revenues 12.25 State Liquor Fund allotment 4.638.09 Cemetary interest income 1,670.00 Cemetery seasonal care and grave openings 3,005.45 4,675.45 Total Revenues 66,504.25 EXPENDITURES: Administrative and General: ' City Hall Expense 635.51 Contributions 1,688.00 Furniture and fixtures 775.13 Insurance - F.I.C.A. 1,314.26 Insurance - Group 1,210.29 Insurance - Other 515.83 Interest expense 406.67 Legal and auditing 1,064.48 Ordinance and publications 80.10 Office expense and supplies 338.91 Salaries 3,167.00 Subscriptions and members-hips 1,214.16 Sundry expenses 396.72 Total Administrative and General Expense 12,807.06 Cemetery Department Equipment 409.00 Miscellaneous 914.79 Salaries 3,796.10 Total Cemetery Department 5,119.89 Public Library Books and supplies 542.40 Lights and fuel 155.90 Miscellaneous 11.15 Salaries 1,208.00 Total Public Library 1,917.45 Public Safety Fire Department Cost of operating equipment 279.54 Fire station expense 506.21 Miscellaneous expense 198.16 Salaries 2,490.25 Equipment 97.99 3,572.15 Police Department Civil defense 247.35 Equipment 675.00 Patrol car expense 1,951.05 Salaries 12,447.15 Supplies and miscellaneous 1,219.74 10,540.29 Total Public Safety 20,112.44 Streets and Public Improvements Cost of operating equipment 2,420.44 Equipment and tools 3,919.00 Garbage collection 3,132.79 Manual labor 11,973.65 Materials 1,644.08 Miscellaneous expense 1,479.02 Parks: Rodeo 1,389.38 Other 1,173.04 Street Lighting 2,670.75 Total Streets & Public improvements 29,802.15 Total Expenditures 69,758.99 EXCESS OF EXPENDITURES OVER REVENUES 3,254.74 WATER UTILITY FUND REVENUES: Waters Sales 30,004.31 Total Revenues 30,001.31 EXPENDITURES: Depreciation 6,347.37 Office and miscellaneous expense 734.28 Salaries and wages : 6,488.90 Truck expense 227.63 Insurance expense 901.79 Interest paid on bonds 1,302.50 Other interest expense 1,760.00 Total Expenditures . 17,762.47 EXCESS OF REVENUE OVER EXPENDITURES 12,211.84 IRRIGATION FUND REVENUES: Irrigation assessments 1,428.13 Total Revenues 1,428.13 EXPENDITURES: Office supplies and expense ' 15.20 Supervision and distribution of water 1,670.91 Salaries and wages 120.00 Total Operating Expanses 1,806.11 NET LOSS FCR YEAR 377.98 WATER BONDS PAYABLE Number Date Amount Int.1 Rate Maturity Tirmi Bondi Red. Bal. Due Belaw 1 to 35 Inclusive 8147 J 1 000.00 Each 2-34 8157 4 M Annually No. I to 26 8155-56 Inclusive 1 M 8157 $9,000.00 1 to 30 Inclusive 7149 $1000.00 Each 3 7159' 3 M Annually No. 1 to 1 5 Inclusive $ I 5,000 00 1 to 15 Inclusive 12149 $1000.00 Each 3 12164 3 M Annuolly $15,000.00 TOTAL BONDS OUTSTANDING $39,000.00 CASH IN THE CITY TREASURY AND ITS SEVERAL FI NDS General Fund $6,325.37 Class "C" Road Fund . 1,812.94 Water Utility Fund 2,373.32 Irrigation Fun-l 492.78 Special Assessment Fund 3,563.98 Cemetery Perpetual Care Fund 587.45 Memorial Sinking Fund 2,150.16 Total Cash on Hand and in the Bank Dcx-tfn rwr 31, 195-i 17,306.00 INVESTMENT IN CEMETERY PERPETUAL CARE FUND IN UNITED STATES SAVINGS BONDS Redemption Interest Value at Feoeived Description Tar Value Cost 123154 In 1954 U.S. Savings Bonds Series "C" 6150-C2 $10,000.00 $10,000.00 $9,470.00 $250.00 ATTEST STATE OF UTAH ) COUNTY OF UTAH ) SS I, Millen D. Radmall, City Recorder of Pleasant Grove City, Utah, do hereby certify that the foregoing is a true and correct statement as approved by the City Council of Pleasant Grove City, June 20, 1955. MILLEN D. RADMALL City Recorder |