HomeMy Public PortalAbout1964-1965 audit completedCITY OF MOAB
MOAB, UTAH
REPORT ON EXAMINATION
June 30, 1965
&
12 Months Ended June 30, 1965
INDEX
Accountant's Report
Page
1
Combined Balance Sheets, dune 30, 1965
Assets 9
Liabilities, Reserves & Surplus 10
General Fund, 12 Months Ended June 30, 1965
Revenues & Expenditures 11
Special Assessment Funds, 12 Months Ended
June 30, 1965
Cash Receipts & Disbursements
Bond Redemption & Interest Fund
12 Months Ended June 30, 1965
Revenues & Expenditures
Public Utility Fund
12 Months Ended June 30, 1965
Income & Expense
Bond Construction Accounts
Cash Receipts & Disbursements
Operations
Cash Receipts & Disbursements
Bond & Interest Maturities
All Funds
Insurance Coverage &
Surety Bonds in Force
16
17
18
19
20
21
23
E. J. CLAUS
'7 cc.CDJnTA,•
AL,NE 3-51E11
MOAB. L. T,AH
raI 't .r , f1 n1.1 F tlI
Honorable Mayor and City Council
City of Moab
Moab, Utah
Gentlemen:
have reviewed the supporting data and prepared the Balance Sheets of
the Municipal Funds of the City of Moab as of June 30, 1965, and the
Statements of Revenues and Expenditures, Receipts and Disbursements or
Income and Expense for the 12 months ended June 30, 1965. The review
of the supporting data included such tests of the accounting records and
other data as was considered necessary.
ORGANIZATION & OFFICIALS
The City of Moab, Grand County, Utah, is a city of the third class with
the Mayor - Council type of Municipal Government. As of June 30, 1965,
the City Officials were as follows:
Mayor:
City Council:
Administrative Assis-
tant to the Mayor:
City Attorney:
City Judge:
City Recorder:
City Treasurer:
Norman E. Boyd
S. E. Scharf, Robert R. Norman,
John Mullen, Robert Curfman &
William D. McDougald
Darrell Reardon
Robert H. Ruggeri
Donald Crist
Darrell Reardon
H. W. Balsley
SCOPE OF WORK PERFORMED
CASH Cash in banks, aggregating $145,060 at June 30, 1965,
was verified by reconciling the balances confirmed
directly to us by the depositories.
NOTES AND The Public Utility Fund accounts receivable for water
ACCOUNTS and sewer charges were tested by negative confirmation
RECEIVABLE as of June 30, 1965. Tests were also made of the de-
tails as shown on the city records. All other receiv-
ables were examined in detail and reviewed with responsible City Officials.
Page 1
OTHER ASSETS All other
Officials
to June 30, 1965.
assets were reviewed with responsible City
and/or checked during the period subsequent
LIABILITIES The liabilities were not confirmed by correspondence
with the individual creditors, but by test comparison
with the vendors` statements, where applicable, subsequent to June 30,
1965. All payments of bond principal and interest coupons were ex-
amined in detail and verified by personal contact with the paying agent,
Other liabilities were reviewed and tested or reconciled from their in-
ception to the date of this report.
SUMMARY The examination was directed primarily to a verifica-
tion of the Balance Sheets of the various funds as of
June 30, 1965, to a general review of the results of operations for the
12 months then ended and the application of the Utah Uniform Accounting
System. Aithough the examination did not extend to a detailed check
of all cash and other bookkeeping entries through the period, numerous
documents and entries were scrutinized by us in connection therewith.
To the extent that such documents and entries were examined, and based
on information and explanations obtained from City Officials and em-
ployees, the accounts were found to be in order. It should be under-
stood that the examination, while extensive as to detail, did not com-
prise a complete check of all cash and other transactions throughout
the period, and would not necessarily disclose irregularities, should
any exist,
GENERAL
FUND
COMMENTS
The following is a comparison of the General Fund
Revenues and Expenditures for the fiscal years ending
June 30, 1965 and 1964. As noted in the comments that
follow the comparisons, both years
REVENUES
Property Taxes
Sales Taxes
Licenses & Permits
Fines, Forfeitures & Penalties
Revenue from Use of Money &
Property
Revenue from Other Agencies
Charges for Current Services
Other Revenue
contain many nonreoccuring transactions.
FISCAL YEAR
ENDED JUNE 30,
1965 1964
$ 55,834 $ 48,588
48,379 56,694
45,867 53,856
15,680 15,837
683 455
22,131 42,620
32,951 61,582
1,732 _ 4 693
INCREASE
(DECREASE.)
$ 7,246
(8,315)
(7,989)
(157)
228
(20,489)
(28,631)
(2,961)
TOTAL REVENUES $223.257 $284,325 $(61,068)
Page 2
PROPERTY TAXES - The mill levy was increased by two mills, which were off-
set by eliminating two mills from the Bond Retirement and Interest Fund. In
the fiscal year 1964 the City received $4,417 per mill and in fiscal year
1965, $4,295, a decrease of $122 per mill, This decrease accounts for $1,584
of the $1,666 which the receipts were less than the amount budgeted.
SALES TAXES - Detail of the '-z% tax collected by the State of Utah is as
follows:
PERIOD FOR WHICH
COLLECTED
2nd Quarter
3rd Quarter
4th Quarter
1st Quarter
FISCAL YEAR
ENDED JUNE 30, INCREASE
1965 1964 (DECREASE)
$12,890 $15,892 $(3,002)
12,064 15,356 (3,292)
12,480 13,536 (1,056)
10,945 11,910 (965)
$48.379 S5.6,694 $0.315)
The City of Moab has been notified that these taxes have been overpaid by
approximately $4,000 to $4,500. When the computations are complete the
3rd quarter 1965, to be received in December, 1965, will be reduced accor-
dingly. No information is available as to what period or periods are being
corrected.
LICENSES & PERMITS - Gross Business Licenses declined $2,521 or 6.5% and
Other Business Licenses $3,938 or 40.87. The decline in Other Business
Licenses was created by a change in the billing procedures during the year
ending June 30, 1964. Previously, billings had been sent out in July of the
applicable year; however, as a result of sending out these billings in June,
approximately $2,180 of the current year's licenses were collected in the
previous year. If the $2,180 is eliminated from the year ending June 30,
1964, the decrease is $1,758 or 23.6%. Beer Licenses decreased 1.9%,
Building & Construction Permits decreased 52.8% and Other Licenses & Permits
such as Dog Licenses decreased 17.5%. There were no Parking Meter Revenues
in the current year.
REVENUE FROM OTHER AGENCIES - "Class 'C' Road Fund" funds decreased $20,981.
However, this was due to the City allowing the funds to accumulate for
several years and collecting them all at once in the year ending June 30,
1964.
Page 3
CHARGES FOR CURRENT SERVICES - During the previous year, the Street Depart-
ment performed $28,000 work for the Utility Fund, if this amount is elimi-
nated from the year ending June 30, 1964, the current year decrease is $631.
Refuse Collection charges decreased 1.9% and Swimming Pool receipts decreased
14.3%.
EXPENDITURES
Administrative Department
Municipal Court
Police Department
Inspection Department
Dog Pound
Engineering Department
Streets & Highways
Waste Collection
Irrigation Project
Health Department
Parks & Recreation
SL,jmming Pool
Contributions
FISCAL YEAR
ENDED JUNE 30,
1965 1964
INCREASE
(DECREASE)
$ 43,674 $ 33,623 $ 10,051
16,359 13,242 3,117
43,706 51,202 (7,496)
3,366 3,126 240
3,429 4,538 (1,109)
9,552-1 15,818 (6,264)
68,162 150,264 (82,102)
19,124 20,471 (1,347)
12,608 14,907 (2,299)
3,390 3,009 381
6,581 5,447 1,134
8,132 9,978 (1,846)
7,ill 5,573 1,538
TOTAL EXPENDITURES 245,196 $331,198 $(86,002)
ADMINISTRATIVE DEPARTMENT - The total increase for the year of $10,051 was
principally accounted for by nonreoccuring expenditures; Capital Outlays in
the new City Hall, $4,468; balance on Parking Meters acquired in prior years,
$4,715; Revision and Codification of Ordinances, $1,000. If these nonreoccur-
ing items are eliminated, this department would show a decrease of .4%. How-
ever, as a result of moving into a new City Hall, Building Supplies, Mainte-
nance and Repairs increased $1,893 or 153.9% and as such will be a reoccuring
item. Without this increase, the expenditures would have decreased 5.7% from
the prior year.
MUNICIPAL COURT - $1,582 of the $3,117 increase was nonreoccuring for furni-
ture and fixtures. $1,050 was for rent on the new Court Chambers and will
be reoccuring.
POLICE DEPARTMENT - If Capital Outlays for equipment, furniture and fixtures
are eliminated for both the current and the prior years, expenditures for
this department decreased $6,075 or 12.6%. Salaries and wages account for
9.4% of the decrease.
INSPECTION DEPARTMENT - Other than $129 Capital Outlays, this department had
very little change.
Page 4
DOG POUND - The 24,4% decrease in the expenditures of this department were
primarily brought about by eliminating the full time dog catcher and other
arrangements for handling the animals.
ENGINEERING DEPARTMENT - This department is in the process of being elimi-
nated and this fact accounted for most of the decrease.
STREETS & HIGHWAYS - The year ending June 30, 1964, had an extreme amount of
activity and the current year reflects a return to more normal activities.
WASTE COLLECTION - The expenditures of this department, when considered as a
percent of the revenue for refuse collection, decreased from 96.5`/o to 91.9%
for a net gain to the City of $948.
IRRIGATION PROJECT - The expenditures for this department for both the cur-
rent year and the prior year are nonreoccuring.
PUBLIC HEALTH - Omitting the Capital Outlay of $129 for furniture and fix-
tures, this department's expenditures increased 7.7% from the prior year.
PARK DEPARTMENT - This department's expenditures increased 20.67, of which
11.4% resulted from increases in Salaries and Wages.
SWIMMING POOL - Operating expenses of the Swimming Pool were 124.47, of the
collection in the previous year and 118.4% of the collections in the current
year. Restated, collections decreased 14.3% and expenditures decreased 18.5%.
The cash flow in the General Fund is as follows;
RECEIPTS DISBURSEMENTS TOTAL
% OF `/, OF END OF
AMOUNT TOTAL AMOUNT TOTAL MONTH CASH
July 1, 1964 $ 49,561
July $ 13,983 5.25 $ 42,960 i4.65 20,584
August 10,648 4.00 27,735 9,46 3,497
September 17,837 6.70 20,309 6.92 1,025
October 9,585 3.60 17,784 6.06 (7,174)
November 9,985 3.75 23,650 8.06 (20,839)
December 55,301 20.77 19,360 6.60 15,102
January 18,910 7.10 19,285 6.57 14,727
February 29,283 11.00 18,339 6.25 25,671
March 18,014 6.77 20,251 6.90 23,434
April 7,819 2.94 14,477 4.95 16,776
May 47,778 17.94 34,144 1i.64 30,410
June 27,098 10.18 _ 353010 11.94 22,498
TOTAL $266.241 100,00 $293.304 100.00
Page 5
The "Cash on Hand & In Banks" of $32,681 on the Balance Sheet for the General
Fund includes $10,183 of "Class 'C' Road Fund" Funds, which is restricted to
certain expenditures for "Streets & Highways", and is maintained in a separate
bank account. These funds are not reflected in the cash flow analysis.
SPECIAL Delinquent accounts in Special Assessment District #t'1 have
ASSESSMENT increased during the period of July 1, 1964 to June 30,
FUNDS 1965, from two assessments totaling $197 to four assess-
ments totaling $455.
Delinquent accounts in Special Assessment District /72 have increased from
twelve totaling $3,624 to fifteen totaling $3,911.
BOND it is the Policy of the City to transfer from the Public
REDEMPTION Utility Fund, when all Revenue Bond Requirements have been
& INTEREST met, sufficient funds to pay Principal, Interest and Bond
FUND Agents fee of the 1/1/59 and 1/1/62 General Obligation Bond
Series. The proceeds of these Bond Series were previously
contributed to the Public Utility Fund for construction purposes. At the
present time the transfers from the Public Utility Fund are not made until
the end of the fiscal year when it can be determined that the Revenue Bond
Requirements have been met.
To date the following interest coupons have not been turned in for redemption
of the January 1, 1962 General Obligation Bonds.
Since First Due Date, 7/1/62:
Bond Series 166 to 185 inclusive
Bond Series 461 to 485 inclusive
Since Second Due Date, 1/1/63:
Bond Series 162 to 165 inclusive
PUBLIC As of June 30, 1965 the Retirement Fund for the January 1,
UTILITY 1962 Revenue Bonds had no balance, the interest due July 1,
FUND 1965 having been advanced to the collection argent in June,
1965. The Reserve Fund has a balance of $16,515. Its re-
quired amount of 20% of the amount placed into the Retirement Fund is
$16,168.
As of June 30, 1965, the water and sewer accounts receivable ageing is as
follows:
0 - 30 Days $16,303 82.76%
30 - 60 Days 1,709 8.67%
60 - 90 Days 396 2,01%
Over 90 Days 1292 6.56%
$19.700 100.00%
Page 6
For the 12 months ending June 30, 1965 & 1964, the water connections and
gallons consumed were as follows:
GALLONS CONSUMED IN
CONNECTIONS THOUSANDS
1964- 1963-
1965 1964
INCREASE
(DECREASE)
1964- 1963-
1965 1964
INCREASE
(DECREASE)
July 1,069 1,063 6 52,200 56,633 (4,433)
August 1,084 1,068 16 40,289 41,498 (1,209)
September 1,078 1,067 11 43,345 36,667 6,678
October 1,038 1,073 (35) 24,207 32,142 (7,935)
November 1,072 1,073 (1) 21,833 20,593 1,240
December 1,059 1,070 (11) 13,877 15,039 (1,162)
January 1,059 1,065 (6) 13,644 14,645 (1,001)
February 1,049 1,062 (13) 15,596 13,614 1,982
March 1,046 1,065 (19) 11,136 16,273 (5,137)
April 1,061 1,066 (5) 15,320 20,488 (5,168)
May 1,068 1,077 (9) 26,712 24,463 2,249
June 1,069 1,067 2 39 i638 40,725 (1,087)
317,797 332,780 (14,983)
Water consumption decreased from an average of 25,966 gallons per connection
per month for the previous period, to 24,921 for the current period. The
income varied as follows:
Water Intone Per Connection
Sewer Income Per Connection
Water Income Per 1,000 Gallons
Sewer Income Per 1,000 Gallons
of Water
YEAR ENDED
JUNE 30, INCREASE
1965 1964 (DECREASE)
$102J 0 $103.80 $(1.70)
53.76 55.59 0.83)
0,3415 0.3331 0.0084
$ 0.1798 $ 0.1784 $ 0.0014
Page 7
The expenses of the Public Utility Fund include two major items of a
nonreoccuring nature: $1,000 of the cost of Revision and Codification
of the City of Moab Ordinances and $9,z,82 included in Building and
Ground expense for sand blasting and painting the water tanks. This
latter expense is not expected to reoccur for another five years.
As of .tune 30, 1965, the status of the Public Utility Construction
Fund is as follows:
investments
Water Project
Sewer Project
$116,175
653,076
158,862
TOTAL $928,113
Very truly yours,
;�;
E.Y� Claus ~
Certified Public Accountant
Page 8
CITY OF MOAB
Grand County, Utah
ASSETS
COMBINED BALANCE SLEETS
All Funds -June 30, 1965
SPECIAL BOND
IMPROVE- SPECIAL REDEMP- GENERAL
MENT ASSESS- TION & TRUST & PUBLIC BONDED GENERAL
GENERAL GUARANTY MENT INTEREST AGENCY UTILITY DEBT & FIXED
TOTAL FUND FUND FUND FUND FUND FUND INTEREST ASSETS
CASH ON NAND & IN BANKS $ 146,718 $32,681 $25,511 $ 417 $28,533
NOTES RECEIVABLE
ACCOUNTS RECEIVABLE
Water & Sewer
Special Assessments
Due From Other Funds
Other
TOTAL ACCOUNTS RECEIVABLE
INVESTMENTS
AMOUNTS TO BE PROVIDED FOR
FUTURE BOND & INTEREST
RETIREMENT
FIXED ASSETS
Land
Buildings & Structures
Improvements Other Than
Buildings & Structures
Machinery & EquipHent
Automobiles & Trucks
Office Furniture &
Equipment
work in Progress
Accumulated Depreciation
NET FIXED ASSETS
$5,020
$ 514,556
5,586 3,256 2,330
19,700
5,994 5,994
5,630 3,100 2,530
1,481
32,805 3,100 2,530 ,5,994
151,848 236
1,449,855
83,854
350,528
809,633
95,426
27,672
47,243
811,938
(134,644)
2,041,650
16,995
16,995
1 , 481
1,481
19,700
19,700
151,612
$1,449,855
65,227
336,880
723,971
21,848
7,791
17,767
811,938
084,644)
644)
$ 18,627
13,648
85,662
73,578
19,881
12,481
1,800,778 223,877
TOTAL ASSETS $3,828,462 $39.273 $28,041 $21,406 $28,533 $6,501 $2,028,976 $1,449,855 $22,3,877
Page 9
CITY OF MOAB COMBINED BALANCE SHEETS
Grand County, Utah All• Funds -,tune 30, 1965
LIABILITIES, RESERVES
& SURPLUS
LIABILITIES
Accounts Payable
Payroll Taxes & With-
holdings Payable
Due to Other Funds
Due to Other Govern-
mental Units
Customers' Deposits
Bonds Payable
Bond Interest Payable
in Future Years
TOTAL LIABILITIES
CONTRIBUTIONS
Municipal
Federal
Other
SPECIAL BOND
IMPROVE- SPECIAL RE DEMP- GENERAL
MENT ASSESS- TION & TRUST & PUBLIC BONDED GENERAL
GENERAL GUARANTY MENT INTEREST AGENCY UTILITY DEBT & FIXED
TOTAL FUND FUND FUND FUND FUND FUND INTEREST ASSETS
$ 2,081
6,501
5,630
28,743
2,027
1,374,700
578,855
$14,743
$ 5,630
14,000
1,700
1,998,537 14,743 21,330
987,998
133,509
147,847
TOTAL CONTRIBUTIONS 1,269,354
RESERVE FOR BOND RETIREMENT 16,515
SURPLUS
Surplus Invested in
General Fixed Assets
Unappropriated Surplus
Earned Surplus
223,877
83,180 24,530 $28,041 2,076 $28,533
236,999
$6,501
$
2,031
2,027
502,000 $ 871,000
578,855
6,501 506,108 1,449,855
987,998
133,509
147,847
1,269,354
16,515
236,999
$223,877
TOTAL SURPLUS 544,056 24,530 �28,041 2,076 28,533 2361 999 223,877
TOTAL LIABILITIES, RESERVES &
SURPLUS $3,828,462 $39,273 $28,041 $23,406 $28,533 $6,501 $2,028.976 $1,449,855 $223,877
Page 10
CITY OF MOAB GENERAL FUND
Grand County, Utah Revenues & Expenditures
REVENUES
12 12 MONTHS ENDED .TUNE 30, 1965
MONTHS ACTUAL
ENDED OVER
JUNE 30, (UNDER)
1964 ACTUAL BUDGET BUDGET
PROPERTY TAXES $ 48,588 $ 55,834 $ 57,500 $ (1,666)
SALES TAXES 56,694 48,379 57,000 (8,621)
LICENSES & PERMITS
Gross Business Licenses 38,566 36,045 39,000 (2,955)
Other Business Licenses 9,641 5,703 7,500 (1,797)
Beer Licenses 2,700 2,650 2,500 150
Building & Construction Permits 2,132 1,006 2,000 (994)
Parking deter Revenue 256
Other Licenses & Permits 561 463 500 (37)
TOTAL LICENSES & PERMITS 53,856 45,867 51,500 (5,633)
FINES, FORFEITURES & PENALTIES 15,837 15,680 16,000 (320)
REVENUE FROM THE USE OF MONEY &
PROPERTY
455 b83 700 (17)
REVENUE FROM OTHER AGENCIES
Class "C" Road Fund Allotment 31,163 10,182 22,195 (12,013)
Liquor Fund Allotment 5,257 5,257 5,250 7
Grants From Other Political
Units 6j200 6,692 6�000 692
TOTAL REVENUE FROM OTHER AGENCIES 42,620 22,131 33,445 (11,314)
CHARGES FOR CURRENT SERVICES
Special Services by City Dept. 32,354 5,272 3,500 1,772
Refuse Collections 21,209 20,810 22,000 (1,190)
Swimming Pool 8,019 6,869 6�200 669
TOTAL CHARGES FOR CURRENT SERVICES 61,582 32,951 31 ZOO 1,251
OTHER REVENUE
Sale of Real or Personal Property 4,500 1,563 8,000 (6,437)
Sundry 193 169 150 19
TOTAL OTHER REVENUES 4,693 1,732 8,150 (6,418)
TOTAL REVENUES $284,325 $223,257 $255,995 $(32,738)
Page 11
CITY OF MOAB GENERAL FUND
Grand County, Utah Revenues & Expenditures
EXPENDITURES
GENERAL GOVERNMENT
ADMINISTRATIVE
Salaries & Wades
Materials, Supplies &
Services
Other Charges
Capital Outlays
TOTAL ADMINISTRATIVE
MUNICIPAL COURT
Salaries & Wages
Materials, Supplies &
Services
Other Charges
Capital Outlays
TOTAL MUNICIPAL COURT
TOTAL GENERAL GOVERNMENT
PUBLIC SAFETY
POLICE DEPARTMENT
Salaries & Wages
Materials, Supplies &
Services
Other Charges
Capital Outlays
TOTAL POLICE DEPARTMENT
12 12 MONTHS ENDED JUNE 30, 1965
MONTHS ACTUAL
ENDED OVER
JUNE 30, (UNDER)
1964 ACTUAL BUDGET BUDGET
$ 19,517 $ 18,497 $ 20,000 $ 0,503)
11,748 17,584 18,900 (1,316)
1,810 2,577 2,200 377
548 5,016 4,5o0 516
33,623 43,674 45,6ao (1,926)
9,895 10,358 1o,aoo 358
2,7o8 3,707 3,830 (123)
639 712 670 42
1,582 900 682
13,242 16,359 15,4o0 959
46,865 60,033 61,000 (967)
33,234 28,679 28,500 179
12,657 11,202 12,030 (828)
2,481 2,416 2,320 96
2,83o 1,409 1,350 59
51,202 43,706 44"200 (499
INSPECTION DEPARTMENT
Salaries & Wages 2,432 2,508 2,575 (67)
Materials, Supplies &
Services 411 496 810 (314)
Other Charges 283 233 315 (82)
Capital Outlays 129 150 (21)
TOTAL INSPECTION DEPARTMENT
S
3,126
3,366 $ 3,85o $ (484)
Page 12
CITY OF MOAB GENERAL FUND
Grand County, Utah Revenues & Expenditures
EXPENDITURES, Cont'd
DOG POUND
Salaries & Wages
Materials, Supplies &
Services
Other Charges
TOTAL DOG POUND
TOTAL PUBLIC SAFETY
PUBLIC WORKS
12 12 MONTHS ENDED JUNE 30, 1965
MONTHS ACTUAL
ENDED OVER
JUNE 30, (UNDER)
1964 ACTUAL BUDGET BUDGET
$ 2,85o $ 1,543 $ 1,5oo $ 43
1,434 1,701 1,520 18i
254 185 18o o5
4,538 3,429 3,2oo 229
58 866 50,5o1 51,250 (749)
ENGINEERING DEPARTMENT
Salaries & Wages 9,804 6,457 7,030 (573)
Materials, Supplies &
Services 4,922 1,819 2,360 (541)
Other Charges 757 663 610 53
Capital Outlays 335 615 200 415
TOTAL ENGINEERING DEPARTMENT 15,818 9 555,4 10,200 (646)
STREETS & HIGHWAY DEPT. (in-
cluding Class "C" Road Fund)
Salaries & Wages 30,289 20,094 24,5o0 (4,406)
Materials, Supplies &
Services 111,061 44,o04 76,295 (32,291)
Other Charges 3,652 2,601 3,400 (799)
Capital Outlays S�z62 1,463 2,000 (537)
TOTAL STREETS & HIGHWAYS 150,264 68,162 106,195 (38=o33)
WASTE COLLECTION
Salaries & Wages
Materials, Supplies &
Services 20,447 19,124 20,975 (1,851)
Other Charges 24 25 (25)
TOTAL WASTE COLLECTION $ 20,471 $ 19,124 $ 21,000 $ (1,876)
Page 13
CITY OF MOAB GENERAL FUND
Grand County, Utah Revenues & Expenditures
EXPENDITURES, Cont'd
IRRIGATION PROJECT
Salaries & Wades
Materials, Supplies &
Services
Other Charges
TOTAL IRRIGATION PROJECT
TOTAL PUBLIC WORKS
PUBLIC HEALTH
HEALTH DEPARTMENT
Salaries & Wages
Materials, Supplies &
Services
Other Charges
Capital Outlays
TOTAL HEALTH DEPARTMENT
12 12 MONTHS ENDED JUNE 30, 1965
MONTHS ACTUAL
ENDED OVER
JUNE 30, (UNDER)
1964 ACTUAL BUDGET BUDGET
$ 5,221 $ 7,917 $ 5,000 $ 2,917
9,360 4,147 4,900 (753)
326 544 350 194
14,907 12,608 10,250 2,358
201,460 109,448 147,645 (38,197)
2,444 2,508 2,575 (67)
388 580 675 (95)
177 173 200 (27)
129 150 (21)
3,009 3,390 3,600 (21o)
TOTAL PUBLIC HEALTH 3�009 3,390 3,600 (210)
PARKS & RECREATION
PARKS
Salaries & Wages 4,381 5,002 4,600 402
Materials, Supplies &
Services 775 1,209 780 429
Other Charges 291 370 320 50
Capital Outlays
TOTAL PARKS
SWIMMING POOL
Salaries & Wages
Materials, Supplies &
Services
Other Charges
Capital Outlays
TOTAL SWIMMING POOL
5,447 6,58i 5,70o 88i
4,719 5,101 5,300 (199)
4,313 2,389 3,080 (691)
946 642 1,020 (378)
9,978 8 132 9,400 (1,268)
TOTAL PARKS & RECREATION $ 15,425 $ 14,713 $ 15,100
$ (387)
Page 14
CITY OF MOAB GENERAL FUND
Grand County, Utah Revenues Expenditures
EXPENDITURES, Cont'd
MISCELLANEOUS
Contributions
TOTAL MISCELLANEOUS
TOTAL EXPENDITURES
EXCESS OR (DEFICIENCY) OF REVENUE
OVER EXPENDITURES
UNAPPROPRIATED SURPLUS - JULY 1
12 12 MONTHS ENDED .TUNE 30, 1965
MONTHS ACTUAL
ENDED OVER
JUNE 30, (UNDER)
1964 ACTUAL BUDGET BUDGET
$ 5,573 7,111 $ 7,l00 $ 11
5,573 7,111 7,1ao 11
331,198 245,196 285,695 (40,499)
(46,873) (21,939) $(29,700p $ (7,761)
93,342 46,469
UNAPPROPRIATED SURPLUS - JUNE 30 $ 46,469 $ 24,53O
Page 15
CITY OF MOAB SPECIAL ASSESSMENT FUND
Grand County, Utah Cash Receipts & Disbursements
12 MONTHS ENDED JUNE 30, 1965
SPECIAL
IMPROVE-
MENT PRO-
GUAR- CURB & GUTTER POSED
TOTAL ANTY DIST. I DIST. 2 DIST. 3
CASH BALANCE - JULY 1, 1964 $74,156 $23,158 $ 856 $ 36 S lD6
RECEIPTS
Special Assessments Collected 5,306 1,117 4,18g
Interest & Penaities On
Assessments 699 200 499
Property Taxes 4,315 4,315
Advance From HHFA
Advances From Other Funds
Made or Repaid 1,900 1 900
TOTAL RECEIPTS _12�220 4,315 1,317 6,588 -
TOTAL CASH BALANCE & RECEIPTS 36,376 27,473 2�173 6,624 106
DISBURSEMENTS
Bonds Redeemed 8,000 1,700 6,300
Interest on Bonds 485 170 315
Engineering r Travel
Property Tax Collection Expense 62 62
Due to Imp. Guar. Fund 1,900 1 900
TOTAL DISBURSEMENTS ^10,447 1,962 1,870 6,615
CASH BALANCE - JUNE 30, 1965 S25,929 $25.511 $ 303 $ 9 $ 106
Page 16
CITY OF MOAB BOND REDEMPTION & INTEREST FUND
Grand County, Utah Revenues & Expenditures
12 12 MONTHS ENDED JUNE 30, 1965
MONTHS ACTUAL
ENDED OVER
JUNE 30, (UNDER)
1964 ACTUAL BUDGET BUDGET
REVENUES
Property Taxes $26,384 $17,518 $17,598 $ (80)
Transfer From Utility Fund 3450 34 340 34 300 40
TOTAL REVENUES 60,924 51,858 51� 898 (40)
EXPENDITURES
Bond Agent Fees
Collection of Taxes
Matured Bonds
7/1/51 Series
2/1/56 Series
1/1/59 Series
Matured Interest
7/1/51 Series
2/1/56 Series
1/1/59 Series
1/1/62 Series
TOTAL EXPENDITURES
EXCESS OR (DEFICIENCY) OF REVENUES
OVER EXPENDITURES
UNAPPROPRIATED SURPLUS - BEGINNING OF
FISCAL YEAR
100 100 110
550 318
5,000 5,000 5,000
5,000 5,000 5,000
5,000 5,000 5,000
318
1,183 1,045 1,045 -
4,245 4,057 4,058 (1)
7,500 7,3Q0 7,300
22,000 22,000 22,000
_50,578 49,820 49�513 307
10,346 2,038 $ 2,38$ (.360
16,149 26,495
UNAPPROPRIATED SURPLUS - END OF
FISCAL YEAR $26,495 $28,533
Page 17
CITY OF MOAB PUBLIC UTILITY FUND
Grand County, Utah Incor:e & Expense
INCOME
Water Sales
Sewer Service Charge
Interest
Other Charges
TOTAL INCOME
EXPENSE
SALARIES & WAGES
12 MONTHS ENDED
JUNE 30, 1964
12 MONTHS ENDED
JUNE 30, 1965
AMOUNT % AMOUNT
$110,855 62.33 8108,527 63.22
59,375 33.39 57,151 33.29
4,969 2.79 4,612 2.68
2,643 1.49 1,388 .81
177,842 100,00 171,678 100.00
,,
47,694 26.82 46 037 26.81
MATERIALS, SUPPLIES & SERVICES
Subscriptions & Memberships 142 .08 1,305 .76
Travel 1,226 .69 614 .36
Office Expense & Supplies 1,477 .83 1,361 .79
Equipment Expense 2,464 1.39 2,334 1.36
Building & Ground Expense 5,394 3.31 20,043 11.67
Special Departmental Supplies 10,001 5.62 4,270 2.49
Rentals 546 ,,31 888 .S2
Professional & Technical
Services 2,834 1.59 2,023 1.18
Other 2
TOTAL MATERIALS, SUPPLIES &
SERVICES 24,584 13.82 32,840 19.13
OTHER CHARGES
Insurance & Surety Bonds 1,491 .84 1,091 .63
Employees Benefits 2,976 1.67 3,165 1.84
Interest Other Than Bonds 250 .14
Depreciation 30,285 17.03 27,806 16.19
Bad Debts 69 .04 27 .02
Interest on Bonds
Revenue 20,843 11.72 20,733 12.07
General Obligations 29,500 16.59 29,300 17.06
TOTAL OTHER CHARGES 85,414 48.03 82,122 47.81
TOTAL EXPENSE 157,692 88.67 160,999 93.75
NET INCOME 20,150 11,33 10,679 6.25
TRANSFER (TO) OR FROM RESERVE FOR
BOND RETIREMENT
NET CREDITS TO EARNED SURPLUS
EARNED SURPLUS - BEGINNING OF PERIOD
EARNED SURPLUS - END OF PERIOD
(4,168)
15,982
216_,o84
$232_066
(5,746)
4,933
232,066
$236.999
Page 18
CITY OF MOAB
Grand County, Utah
CASH BALANCE - JULY 1, 1964
RECEIPTS
Temporary Investments - Net
Interest Income from Temporary Investments
TOTAL RECEIPTS
TOTAL CASH BALANCE & RECU PTS
PUBLIC UTILITY FUNDS
Cash Receipts & Disbursements
Bond Construction Accounts
12 Months Ended June 30, 1969
DISBURSEMENTS
Sewer Project
City of Moab Street Dept $ 12
Land 1,800
Infilco Fuller - Seuage Equipment Payment 31�800
TOTAL DISBURSEMENTS
CASH BALANCE - JUNE 30, 1969
$ -0-
29,810
3,802
33�6!2
33,612
33,612
33,612
$ -0-
Page 19
CITY OF MOAB
Grand County, Utah
CASH BALANCE - JULY 1, 1964
RECEIPTS
Temporary Investments - Net
Customers' Deposits - Net
Contributions - Other
Water & Sewer Service Charges
Interest
Sundry Revenues
TOTAL RECEIPTS
TOTAL CASH BALANCES & RECEIPTS
DISBURSEMENTS
Machinery & Equipment
Autos & Trucks
Office Furniture & Equipment
Water Lines
Sewer Lines
Meters
Principal 1/1/62 Revenue Bond Series
Transfer to 1/1/62 Revenue Bond Sinking Fund
Principal 1/1/59 General Obligation Bonds
EXPENSE
PUBLIC UTILITY FUND
Cash Receipts & Disbursements
Operations
12 Months Ended June 30, 1965
Salaries & Wages $ 46,037
Subscriptions & Memberships 1,305
Travel 614
Office Expense & Supplies 1,309
Equipment - Operating Supplies & Maintenance 2,220
Building & Grounds - Operating Supplies E
Maintenance 19,469
Special Departmental Supplies 3,852
Rentals 888
Professional & Technical Services 2,063
Insurance & Surety Bonds 1,091
Employee Benefits 3,165
Interest On Bonds -- Revenue 20,733
Interest On Bonds - General Obligation 29,300
TOTAL DISBURSEMENTS
CASH BALANCE - JUNE 30, 1965
$ 13,201
19,827
179
2,541
167,454
810
1,388
192,199
205,400
1,116
5,275
4,805
4,960
411
8,000
5,746
5,000
132,046
167, 359
$ 38,041
Page 20
CITY OF MOAB BOND & INTEREST MATURITIES
Grand County, Utah Ali Funds
GENERAL OBLIGATIONS
Series 7/1/51
Principal Payment To Be Made
Principal Outstanding - End of Year
Interest Payments To Be Made
Unmatured Interest - End of Year
Series 2/1/56
Principal Payment To Be Made
Principal Outstanding - End of Year
Interest Payments To Be Made
Unmatured Interest - End of Year
Series 1/1/59 (See Note 2)
Principal Payment To Be Made
Principal Outstanding - End of Year
interest Payment To Be Made
Unmatured Interest - End of Year
Series 1/1/62 (See Note 2)
Principal Payment To Be Made
Principal Outstanding - End of Year
Interest Payment To Be Made
Unmatured Interest - End of Year
SPECIAL ASSESSMENT FUNDS
Series 1/21/56 - District No. 1
Principal Payment To Be Mode
Principal Outstanding - End of Year
Interest Payment To Be Made
FISCAL YEAR
ENDED JUKE 30
1965 1966 1967
5,00o 5,0oo 5,000
33,000 23,000 23,o0o
1,045 908 770
3,383 2,475 1,705
5,00o 5,00o 5,o0o
108,000 103,000 98,000
4,058 3,870 3,682
38,872 35,002 31,320
5,000 5,000 10,000
180,000 175,000 165,000
7,300 7,100 6,800
52,600 45,50o 38,700
550,000 550,000 550,000
22,000 22,000 22,000
484,000 462,000 440,000
1,700 1,700 --
1,700 --
170 85
Series 3/2/60 - District No. 2
Principal Payment To Be Made 6,300
Principal Outstanding - End of Year --
Interest Payment To Be Made 315
REVENUE BONDS
Series 1/1/62
Principal Payment To Be Made
Principal Outstanding - End of Year
Interest Payments To Be Made
8,000 8,000 9,000
502,000 494,000 485,000
20y733 20,512 20,279
Page 21
CITY OF MOAB BOND & INTEREST MATURITIES
Grand County, Utah All Funds
Mote 1 It is the policy of the City of Moab to transfer to the paying agents,
prior to the various maturity dates, sufficient funds to redeem
maturing bonds and interest coupons The principal and interest pay-
ments noted above are adjusted to reflect this policy. Hence, payments
which would actually be due on July 1, are shown as made during the
last month of the previous fiscal year.
Note 2 It is the policy of the City to transfer from the Public Utility Fund,
when all Revenue Bond requirer,ents have been ret, sufficient funds to
pay the 1/1/59 and 1/1/62 General Obligation Bond Series. The proceeds
of these Bone! Series having been contributed to the Public Utility Fund
for construction purposes.
Page 22
CITY OF MOAB
Grand County, Utah
Western Surety Co.
Limits $10,000
Bond No. 204-07-43
Western Surety Co.
Limits $2,500
Bond No. 204-07-42
Western Surety Co.
Limits $2,500
Bond No. 204-07-41
Premier Insurance
Limits $141,000
Policy No. F53355307
Westchester Fire Insurance Co.
Limits - B 1 (Auto) $300,000
B I (Other) $300,000
P D (Auto) $25,000
P D (Other) $25,000
Policy No. CAG 19-89-29
Glen Falls Insurance Co.
Limits $16,000
Policy No. I. M. 6-00-69
State Insurance Fund
Limits -By Law
Premium Rate .0 071
Premium Rate .00$1
Grand County
INSURANCE COVERAGE &
SURETY BOND IN FORCE
,tune 30, 1965
Treasurers Bond
Premium $204.00
4/9/64 to 4/9/67
Deputy Treasurers Bond
Premium $ 25.00
4/9/64 to 4/9/67
Employees Blanket Bond
Premium $296.50
4/9/64 to 4/9/67
Fire & Extended Coverage
Annual Premium $494.50
3/25/65 to 3/25/66
Comprehensive Liability
& Physical Damacje
Adv. Premium $3,227.00
1/2/65 to 1/2/66
Contractors Equipment
Premium $470.96
2/14/63 to 2/14/66
Workmens Compensation
Road Maintenance
Municipal Employees
Explanation of coverage
not available. Amount
paid $1,000.00
Page 23