OCR Text |
Show FINANCIAL STATEMENT OV THE CITY OF MOUNT PLEASANT, FOR THE YEAR ENDING DECEMBER 31, 1027. BUDGET for 1027 Electric Liht Department M ilnlen mco fS.0iHI.0l I'.H'ti Surplus .any over $1,144.(11) S.nk.ng Fund 4.144.00 Collections 1.100 U0 fl2.1U.OO Total $ 1 2,1 4 4 00 Water Department Maintenance $'.'.400 00 19 2.! Suridu cany over 4.0:lf. r.2 Improvements 3.500.00 2 Mill Tax Levy 2. .100.09 IrrUatiou 525.00 W.itor Colled ions fi.f.OIUin Sinking Fund r. . X 10.52 Tut ill $ 1 1,535.52 Total $ 1 1,535.52 Streets' Department M lintenance $2,200.00 I'r'i', Surplus carry over $ 1 .S 4 n . 1 2 Uuprov.Miienls 2. 0,40 12 :i Mill Ta l..'vy II, 000. Oil Total I4.S40.12 Total . $4.S40 12 Camep;ie Library MaiiiteniilL-e $1,000.00 1 Mill Ta Levy $1,000.00 Bond Interest and Sinking Fund Interest & SinkiiiR Wand $6,600.00 ti ... M II Ta I .. $6,500 00 $10.000ii0 water bonds of 1916 Issue called for ro.l.-mil Uni Jan. 1st. Ijj27 Contingent Department S ilpUa $1.1.00.00 1 M 2 (". Surplus .-airy over $1. ISO 00 Stationery and Printing 4 50 00 f. MiH tax levy r..ooo on Ci-llecting taxes to county 800.00 l.Venso 1.400 0.1 H C Miils Compensation 450.00 Cemetery af.o.oo Police mid Curfew 1.225.00 Police and Curfew 5011.0:1 Fire Department 600.00 Fics and Fortil ures :ino 00 Health Department ... 200.00 Interest on Daily Halanre 50 .0,1 J .nice Department 150.00 rotindkeeper 15 00 Public Grounds Citv Hall 250.00 Dog T:ol' iiio.no City Park 100.00 Lease on C ty Land !,. Cemetery 1.000.00 For pipe la 1,10 In'lrest on Flood Dam .... 24 57 F'ecr'ons 220.00 Fenmdkeeper 4 5 00 Industrial Insurance 250.00 Collecting Dos Taxes 50.00 July Fourth, etc 200.00 Sundries $1,830.43 Total $'.1,145.00 Total .. $'.1.1 4 5 00 1927 RECEIPTS Cash on hand January 1. 1927 JS Water Collections , a. 34 1 12 Electric Light Collections 14. .".mi. 76 Licenses paid 1.4"'' Cemetery 2 4 : '"i Nightwatchman eoll.vt ions - 2".. no Fines and Fortietures - r.:::.5i Interest on Da ly Balance 63. If Taxes reveived 18. "57. "9 PounJkeeper 14 ' Miscellaneous 3 9 4 a: Special Improvements 2.o::; CO Warrants oustanding 463.2s Total $5 4,798.6 1 1927 DISBURSEMENTS Electric Light Department $0.262 57 Notes Paid :i- ' Water Bonds pad 15.imiO.iio Street Paving Bonds paid 1. lis 63 Interest on Street Paving 860.5, Interest on other bonds 5.5 1 '.i. 1 1 Salaries 1 4 59 S.i Stationery and Pr nting - 1 93 9 1 Miscellaneous accounts 59,. S 4 H. C. Mills Compensation-. 4 4:' Mi Irrigat.on Department 3 15.50 Water Works Mainteuan. e 2."n9.6'.t Water Wo: ks Improvements 3.371.35 Police and Curfew 1.292.1.5 Fire Department 4S4.43 Health Department 4"5.54 Justice 133.52 Jail, City Hall. Public Grounds 360.15 Cemetery Department 1 " Streets 3.562.67 Carnegie Library 1.031 S3 Sundries 2 2 3.34 Elections 263.70 Poundkeeper 4 5.00 Insurance on City Employees 320. 1C Street Lighting to City 1.323.00 1926 Warrants paid 25.00 Cash in Bank December 31, 1927 3,259.25 Total $54,798.61 Statement By Departments Electric Light Department Collections $1 1,925.59 For Street Lights from General Fund 1.323.00 Meters and Transformers sold 1.252.17 For Maintenance and Improvements 6,262 57 Balance Surplus for year 8.238.1'j Totals $14,500.76 $14,500.76 Electric Light Kales to Customers Comparisons by Months for Vears 11)2 4, I !)2., H2(l, 11,7 1924 102.-. H2(t 11)27 January $1,030.51 $828.69 $1,031.69 $1,255.00 February 1.054 57 579.95 1.091. 28 1,152.66 March 740.16 521.74 823.53 1,056.57 April 444.14 596.38 905.40 1.106.20 May 418.83 1,065 01 891.11 1.008.27 June 1,245.36 953.47 881.57 1,079.43 July 675. C6 721.52 843.97 963. 9i August 667.13 995.70 840.59 900.00 September 4 16.22 770.95 894. G9 980.17 October 926.02 786.12 909.42 1,070.60 November 1,009.76 970.72 1.026.23 1.154.65 December 844.07 703.65 1,142.67 1,222.36 , Totals $9,472.4 3 $9,493.90 $11,342.15 $12,948.89 Electric Eight Collections, Comparison by inontJis for years 1021, 1025, 1020, 1027 102 4 1025 102(1 1027 January $988.20 $828.69 $832.70 $1,364.60 February 1,030.51 579.95 470.61 1,263.20 March 1,054.57 551.06 87 1.35 1,251.03 April 740.1 6 596.38 956.92 1,209.44 May 1.189.35 1,065.01 1,625.11 1,368.30 June 1,303.74 953.47 948.28 953.43 July 671.63 . 721.52 966.99 1,145.29 August 665.87 1,012.35 947.69 1.208.4S September 445.80 784.88 1,150.68 946.90 October 905.61 805.99 1,459.88 1,002.43 November 1,018.13 1,003.71 957.66 1,157.41 December 874.89 786.27 1122.47 1,630.20 Total $10,888.36 $9,689.28 $12,310.34 $14,500.76 Uncollected Balances for Electric Light Department ' Uncollected Balance December 31, 1923 $4,100.25 Uncollected Balance December 31, 1924 4,473.93 Uncollected Balance December 31, 1925 2,007.70 Uncollected Balance December 31, 1926 1,782.15 Uncollected Balance December 31, 1927 817.37 Nl Itl'LUS lo 10 COST OK IMPROVEMENTS AND MAINTENANCE I I I :t I It It ' EIGHT in run MEM', ion v i:hh: 1 1)'22 I 02.1 1 1)2 I $,.,91.8.48 $3,651.40 $7,231.47 III:'.' Ii)2l 1027 $6,972.99 $8,613.02 $8,2 38.1 9 A ii in n Li I ..I Hinpliis III nix year period $40,766.55 Water Department Apportionment of Tuxes 4 Mills $4,127.33 Wilier Collections 5,24 1.12 Mallil.'liau.'i. $3,009.69 Co-.l of New Pip., laid 3,371.35 1 1 I-1 K ll t loll I l. plll I IIM'Ill expenses 316.50 llulancc Surplus December 3 1, 1 927 2,67 1.91 Totals $9,368 46 $9,368.45 WATKIt ( Ol.I.ECTIONM Waier Collections for year 1 923 $4,149.70 Wnlcr collections for year 1 924 0,084.13 Water Collections fur year 1926 4,901.2 1 Wuler collections for year 1926 6,855.22 Wal.r Collections lor year 1927 6,24 1.1 2 I ( OI.LE(TEI) WATKIt ACCOUNTS I'licollecled balance as of Dec.iul.er 31, 1923 ... $1,162.60 Ii ncoll.s led alaiici. ns of December 31, 1924 1.03H.86 I i . . 1 1 . 1 . . 1 biilauc,. as of I i.-ceuilier 31, 1 926 667.60 tin. oil. -. led balance as of December 3 1. 1926 351.00 I'lHolle. l.d l.alanc. as of December 3 1. 1 927 1 97.18 COST OK NEW IHON PIPE INST tl.I.EI) liming year 1'.I23 $3,700.00 Hilling year of 1 :i 2 4 3.68 1.7 1 lUirliiK jcur l'.i2.'. 6,183.63 I iiring year I!i2'i 3,262.36 I. an. m year 1 9 27 3,371.35 $20,188.95 Streets Department pp.ntii lent of tuxes 3 mills $3,095.49 Maintenance of streets mid nlduualka $1,978.06 I in .to .iii.nl s on streets and sidewalks 1,684.62 llalali.e .Il licit 4 67.1 8 Totals . . $3,562.67 $3,662.67 Carneg-ie Library Appoi lioimient of taxes 1 mill $1,031 84 iiioiinl iransf.-red to this account $1,031.84 Redempption of Bonds, Bond Interest and Notes Payable V ppl! l ioniiii lit of taxes for bond Interest .... t '.j mill.. 4.6643.26 i'aken from Ceil, al fund to pay bond and Dolus $ 18,875 85 Interest on llon.ls anil Notes $6,619.11 Wal. r ponds, number 1 to 15 Inrluslva Isnund In 1916 5 1... p. r cent bonds paid. Ilcing originally Issued to Kin- the city Its lust water system. This la the first time Hi. I'm has redeemed H bonds In ciisb 16.000 00 Pr.. in is.. ry Not ,...i,l . 3,000.00 Totals $23.51911 $23,619.11 Main Street Paving Bonds Paid by Abutting Property Owners A-.-.. .-.I to pay bonds and Interest due $2,674 67 Special Improvement bonds and interest paid 2.218 54 In bank on Savings ..s.slt 456 1 Accrued interest $'J. 1 2 Totals $2.674 67 $2. 74. 67 Contingent Department Apportionment of taxes 5 mills $5,159.17 Licenses paid 1.409.55 Conieiery 243.00 N;.lit Wat.lilnan uss -sstneiitii paid 207.00 r n.es mid Forfeitures 339 60 Interest on Daily Balances 63.19 Pound keeper 14.60 ..and l.....e 80.00 H 'K l ax. s paid 241.00 Pipe sold 38.75 i.-rellaneous a.-. ouuts 36.80 ...lanes $ 1.469 80 Stationery and Print n; 192.91 ''n.t of rolled i in: taxes . . .. 4 87.4 9 M im .-1 1 a neons aeeounls 110.3.. II C. M ills Compensation paid 449.80 Poli.e and Curfew 1.292.55 Eire Department 4 84.4 3 lie. lllll 1 lepal t llletlt 405.6 1 Justice 1 . ..an inent 123.52 jail. City Hall. Public Grounds 360.15 t ' o III I " r y I leparMlient 920.70 Elections 263.70 P.vun.Ikeeper 45. 0J Insurance on City Employees 320.16 To Electric Litht I i.-paruncni for Street Light 1,323. on .ollts-lin I Taxes 42.00 Appropr.ated to aid Celebrations 181.34 alance L). licit $631.98 Totals $8,462.44 $8,462.44 H. C. Mills Compensation To be paid for 2u9 weeks t $8 65 per week to Central Trust Company. Salt Lake City, Utah as Trustee. $2,672.85 Amount paid to December 31st, 1926, 137 weeks 1,185.06 Amount paid in 1927. In 62 weeks . 120 weeks more to be paid at $8.65 1,038.00 Totals .'. $2,672.85 $2,672.85 TAXES ssessed Valuation of Mt. Pleasant City, 1927 $1,017,2 58.00 Tax levy 1927, 1 7 Vj mills $17,802.02 Taxes received ill 1927 18.057.09 Taxes assessed in 1926. received In 1927 6.057.09 1927 taxes received during 1927 12.000.00 1927 taxes still due and unpaid Dec. 31, 1927 6,802.02 Promisory Notes Outstanding December 31, 1923 $25,800.00 December 31. 1924 16.250.00 December 31. 1925 18.200.00 December 31, 1926 3,000.00 December 31, 1927 00-00 Bonded Indebtedness December 31, 1924 $78,000.00 December 31, 1925 78,000.00 December 31, 1926 ..93,000.00 December 31, 1927 78,000.00 , Improvements During Last Four Years' New Iron pipe repplacing wood p-lpe $20,188.95 Cost to City on Main street paving 10,000.00 Whiteway lighting system on Main street 4,500.00 Total cost on Main Street Paving 29,000.00 RESOURCES Taxes due and unpaid December 31, 1927 $5,802.02 Special Improvement taxes (Sidewalk) due but unpa d including interest aproximately 800.00 Material on hand for Elecbric Light Department 700.00 Material on hand for water Department 500.00 Materials on hand foj Streets Department 500.00 Materials for Cemetery Department 200.00 Materials for Fire Department and Truck 3.S0O.OO Ford Truck 50.00 Real Estate 6,000.00 Uncollected Watar accounts 197.18 Uncollected Electric Light accounts 817.37 Water Works system 60,000.00 Electric Light System 60,000.00 Main Street Wliite Way 4,600.00 Main Street Paving t 29,000.00 , .Votes due to City ; 200.00 j Cash on hand in Bank December 31, 1927 3,259.25 Sinking Fund on Savings Account for Special improvement (Street Paving) 4 65.25 Total $176,791.07 LIABILITIES Wilier KMei.;!,ll bl.nda, 6 per .-ill , due. Inly 1, I:i2!i $26,000.00 l l 1 1 1 t rl.- l.!i lii iiimii'i, r, ';. ,i . ' ii i . ii in- ::,'iini imi iii years 19.:'. 30 ami ) l.oiiii.oi) .lunm.- . ..is l')37 4 4 inclusive 28,090.00 lire. I Phwiik 1. 1. ml. I il.il.-il July I I, l!l26 due. 2, OHO. (Ill July ;tl , ,li yean :: t i ml ii;. i vc. Di li i. nl nl U per c. nl , il in- ,a iiiia.i v and July I -1 . 10, 000. 00 Wilier boil. 1:1 5 per ri-lll dale, I July 1:1. Wl.'.i; due t.l,OIMI.IiU ill y.-ai I'l 3D 2 4 inclusive. I n I en-:-.! dun I .ii,iii. ry 1st, ami July I I. 6, 000. 00 Wai i aula mil :-.l amlinr,, Nim. I nxno, Ii42i, 11519 and 1 1 52 3 4 63.26 .MirpliiM December 3 1 at, 1927 - 98,227.82 1 Tola $ 176,791.07 Mlule of llliih ) M County of Sanpele ) :-s. I, Ciilviii C Ii i i I ii :-'- ii , City lli-i-iifili.r of Mount i'l'-asant City. d'J hereby certify llial I he loi i -i-oni;-, si a I ein.-i.t Is a lull .report of the, receipt 1 and diHbiiiseiiii-iils ol :i d Mount I ' I 1 1 I f'.ly for I lie year ending Iecem-ber Iecem-ber H 1 Ml , 1 9 27, and Im nhio a report of I lie exiMing Indebtedness of Httld Mount Pleasant City, a Municipal Corpoialion. In witness whei.-oi I have h ereu ill o Ket my hand and affixed the corporate cor-porate li.-al of said Moiinl plca-anl City thin 2nd. day of January, 1928. |