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Home My Public Portal About1969-1970 Audit CompleteCI T Y OF MOAB MOAB, UTAH REPORT ON EXAMINATION June 30, 1970 & i2 Months Ended June 30, 1970 INDEX Page Accountant's Report 1 Combined Balance Sheets, June 30, 1970 Assets 2 Liabilities, Reserves & Surplus 3 General Fund, 12 Months Ended June 30, 1970 Revenues & Expenditures 4 Special Assessment Funds, 12 Months Ended June 30, 1970 Cash Receipts & Disbursements Bond Redemption & Interest Fund 12 Months Ended June 30, 1970 Revenues & Expenditures 9 10 Public Utility Fund 12 Months Ended June 30, 1970 Income & Expense 11 Operations Cash Receipts & Disbursements 12 Bond & Interest Maturities All Funds Insurance Coverage & Surety Bonds in Force 13 15 Statistical Summaries 16 E. J. CLAUS CERTIFIED PUBLIC ACCOUNTANT PHONE 801-253-5181 P. O. BOA 838 MOAB. UTAH 84532 January 6, 1971 Honorable Mayor and City Council City of Moab Moab, Utah Gentlemen: We have examined the Combined Balance Sheets of the Municipal Funds of the City of Moab as of June 30, 1970 and the related Statements of Revenues, Expenditures and Surplus for the year then ended. Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records and such other auditing pro- cedures as we considered necessary in the circumstances with the exception of the Genera➢ Fixed Assets. The historical records which have been kept on the land, bui➢dings and equipment are incomplete and incapable of being audited. it is anticipated that the property of the city will be inventoried at sometime in the future and values individually assigned to each item. Since we could not make adequate tests of the land, buildings and equipment owned by the City of Moab and because of the significance of these items, we are unable to express an opinion on the accompanying financial statements taken as a whole. Otherwise, in our opinion, the accompanying Combined Bal- ance Sheets and Statements of Revenues and Expenditures present fairly the financial condition of the City of Moab as of June 30, 1970 and the results of its operations for the year then ended in conformity with the State of Utah "Uniform Accounting Manual for Third Class Cities and Towns" applied on a basis consistent with that of the preceding year. Very truly yours, G, E J. Claus ertified Public Accountant 1 CITY OF MOAB COMBINED BALANCE SHEETS Grand County, Utah ASSETS Cash On Hand & In Banks Accounts & Notes Receivable Water & Sewer Special Assessments Other Total Receivables Investments Amounts to be Provided for Future Bond & Interest Retirement Fixed Assets Land Buildings & Structures Improvements Other Than Buildings & Structures Machinery & Equipment Automobiles & Trucks Office Furniture & Equip- ment Work in Progress Accumulated Depreciation Net Fixed Assets TOTAL ASSETS TOTAL GENERAL FUND 70,705 $ 24,638 8,810 31,073 64,52i 181,362. 1,192,317 93,084 384,275 1,948,992 128,294 42,139 31,578 19,530 (346,049) 2,301,843 SPECIAL ASSESSMENT FUNDS 5,561 $ 26,356 26 356 47,411 1,804 8,810 8.810 20) 61 1 19,530 19,530 BOND REDEMPTION & INTEREST FUND $ 3,888 44,433 S3,810,748 $ 79,328 $ 50,755 $ 48,321 TRUST & AGENCY FUND PUBLIC UTILITY FUND 6,003 $ 53,449 2,408 2408 24,638 2,309 26,947 68,907 71,207 356,007 1,859,964 33,170 13,564 18,307 (346,049) 2,006,170 8,411 $2,155,473 All Funds -June 30, 1970 GENERAL FIXED ASSETS 21,877 28,268 89,028 95,124 28,575 13,271 276,143 GENERAL BONDED DEBT & INTEREST $1,192,317 S 276i143 $1 ,192, 317 2 CITY OF MOAB COMBINED BALANCE SHEETS Grand County, Utah All Funds -June 30, 1970 BOND GENERAL SPECIAL REDEMPTION TRUST & PUBLIC GENERAL BONDED GENERAL ASSESSMENT & INTEREST AGENCY UTILITY FIXED DEBT & LIABILITIES, RESERVES & SURPLUS TOTAL FUND FUNDS FUND FUND FUND ASSETS INTEREST Liabilities Accounts Payable Payroll Taxes & With- holdings Payable Due to Other Governmental Units Customers' Deposits Bonds Payable Bond Interest Payable in Future Years Total Liabilities Contributions Municipal Federal Other Total Contributions Reserve For Bond Retirement Surplus Invested in General Fixed Assets Retained Earnings Fund Balances Total Surplus $ 4,054 8,411 11,080 11,971 1,232,000 416,317 $ 1,130 $ 9,950 1,683,833 1 130 9,950 947,048 202,999 183,192 1,333,239 47,320 276,143 306,939 163,274 746,356 78,198 78,198 4,050 4,050 36,755 $ 48,321 36,755 48,321 4,o54 $ 8,411 11,971 456,000 8,411 472,025 942,998 202,999 183,192 1,329,189 47,320 276,143 306,939 306,939 276,143 $ 776,000 416,317 1,192,317 TOTAL LIABILITIES, RESERVES & SURPLUS $3,810,748 $ 79,328 $ 50,755 $ 48,321 $ 8,411 $2,155,473 $ 276,143 $1,192,317 3 CITY OF MOAB GENERAL FUND Grand County, Utah Revenues & Expenditures 12 12 MONTHS ENDED JUNE 3o, 197o MONTHS ACTUAL ENDED BETTER JUNE 30, (WORSE) REVENUES 1969 ACTUAL BUDGET BUDGET Property Taxes $ 64,057 $ 66,563 $ 64,000 $ 2,563 Sales Taxes 70,504 65,541 70,000 (4,459) Licenses & Permits Gross Business Licenses 47,929 48,844 48,000 844 Other Business Licenses 7,104 6,895 7,000 (105) Beer Licenses 2,250 2,412 2,000 412 Building & Construction Permits 3,207 1,817 2,700 (883) Other Licenses & Permits 1,220 687 1,200 (513) Total Licenses & Permits 61,710 60,655 60,90o (245) Fines, Forfeitures & Penalties 21,343 16,348 19,Oo0 (2,652) Revenue From the Use of Money & Property 2,670 4,051 80o 3,251 Revenue From Other Agencies Class "C" Road Fund Allotment 11,443 12,431 11,670 761 Liquor Fund Allotment 5,257 5,257 5,250 7 Total Revenue From Other Agencies 16,700 17,688 16,920 768 Charges far Current Services Special Services by City Dept 2,700 3,265 2,700 565 Refuse Collections 36,341 35,578 37,000 (1,422) Swimming Pool 6,987 8,430 7,000 1,430 Total Charges for Current Services 46,028 47,273 46,700 573 Other Revenues Sale of Real or Personal Property 1,278 Sundry 91 472 Total Other Revenues 91 1,750 TOTAL. REVENUES 1,278 472 1,750 28.3,103 279,869 278t320 1,549 4 CiTY OF MOAB GENERAL FUND Grand County, Utah Revenues & Expenditures EXPENDITURES GENERAL GOVERNMENT Administrative Personal Services Materials, Supplies & Services Other Charges Capital Outlays 12 12 MONTHS ENDED JUNE 30, 1970 MONTHS ACTUAL ENDED BETTER JUNE 30, (WORSE) 1969 ACTUAL BUDGET BUDGET $ 20,865 $ 21,887 $ 22,035 $ 148 9,625 14,429 12,700 (1,729) 535 296 530 234 580 ;00 (80) Total Administrative 31,025 37,192 35,765 (1,427) Municipal Court Personal Services Materials, Supplies & Services Capital Outlays Total Municipal Court Total General Government PUBLIC SAFETY Police Department Personal Services Materials, Supplies & Services Other Charges Capital Outlays Total Police Department Alcohol Enforcement Personal Services Materials, Supplies & Services Other Charges Total Alcohol Enforcement 14,463 15,070 15,255 185 2,401 2,561 2,875 314 425 (425) 16,864 18,056 18,130 74 47,889 55,248 53,895 (1,353) 28,719 30,409 30,430 21 11,727 11,761 10,582 0,179) 289 352 298 (54) 2,367 3,182 2,950 (232) 43,102 45,704 44,260 (1,444) 5,366 5,370 4 2,076 1,868 (208) 62 52 ( 10) 7,504 7,290 (214) 5 Total Public Safety PUBLIC WORKS Streets & Highway Dept. (Including Class "C" Road Fund) Personal Services Materials, Supplies & Services Other Charges Capital Outlays Total Streets & Highway Dept. CITY OF MOAB GENERAL FUND Grand County, Utah Revenues & Expenditures 12 12 MONTHS ENDED JUNE 30, 1970 MONTHS ACTUAL ENDED BETTER JUNE 30, (WORSE) EXPENDITURES, Cont'd. 1969 ACTUAL BUDGET BUDGET Inspection Department Personal Services $ 2,982 $ 3,123 $ 3,164 $ 41 Materials, Supplies & Services 496 708 640 (68) Total Inspection Department 3,478 3,831 3,804 (27) Dog Pound_ Personal Services 2,037 4,328 4,180 (148) Materials, Supplies & Services 1,883 2,362 2,100 (262) Other Charges 61 68 70 2 Capital Outlays 2,o46 Total Dog Pound 6,027 6,758 6,350 (408) 52,607 63,797 61,704 (2,093) 35,866 37,390 37,565 175 49,704 52,352 49,720 (2,632) 858 1,044 1,000 (44) 8,240 5,054 6,7o0 1,646 94,668 95,840 94,985 (855) Waste Collection Materials, Supplies & Services 35,224 36,148 37,o0o 852 Total Waste Collection 35 224 36,148 37 000 852 6 CITY OF MOAB GENERAL FUND Grand County, Utah Revenues & Expenditures EXPENDITURES, Cont'd. Flood Control Personal Services Materials, Supplies & Services Total Flood Control Total Public Works PUBLIC HEALTH Health Department Personal Services Materials, Supplies & Services Total Health Department Total Public Health 12 12 MONTHS ENDED JUNE 30, 1970 MONTHS ACTUAL ENDED BETTER JUNE 30, (WORSE) 1969 ACTUAL BUDGET BUDGET $ 4,520 $ 4,520 $ 1,670 $ 3,195 3,000 (195) 1670 3,195 7,520 4,325 131,562 135,183 139,505 4,322 2,982 3,123 3,165 42 423 655 675 20 3,405 3,778 3,840 62 3,405 3,778 3,840 62 PARKS & RECREATION Parks Personal Services 5,421 6,640 7,120 480 Materials, Supplies & Services 1,050 1,075 1,200 125 Other Charges 320 (320) Capital Outlays 7,969 7,000 (969) Total Parks 6,471 16,004 15,320 (684) Swimming Pool Personal Services 4,970 5,995 4,890 (1,105) Materials, Supplies & Services 3,095 3,753 3,275 (478) Other Charges 288 350 350 Capital Outlays 2,002 3,000 998 Total Swimming Pool 8,353 11,750 11,515 (235) Total Parks & Recreation 14,824 27,754 26,335 (919) 7 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 12 12 MONTHS ENDED JUNE 30, 1970 MONTHS ACTUAL ENDED BETTER JUNE 30, (WORSE) 1969 ACTUAL BUDGET BUDGET $ 71037 $ 7,918 $ 7,800 $ (118) 7,037 7,918 7,800 (118) 257�324 293,678 293,579 (99) 25,779 (13,809) $(15,259) S 1,450 Unappropriated Surplus - July 1 66,228 92,007 UNAPPROPRIATED SURPLUS - JUNE 30 $ 92,007 $ 78,198 8 CITY OF MOAB SPECIAL ASSESSMENT FUND Grand County, Utah Cash Receipts & Disbursements Cash Balance - July 1, 1969 Receipts Special Assessments Collected Citizens City Contributions Interest & Penalties on Assessments 12 MONTHS ENDED JUNE 30, 1970 CURB & GUTTER OLD PROPOSED TOTAL DISTRICTS DISTRICT $ 3,161 $ 3,104 $ 57 2,297 16,994 1,000 741 Total Receipts 21,032 1,011 16,994 1,000 1,286 182 559 19,187 1,845 Total Cash Balance & Receipts 24,193 22,291 - 1,902 Disbursements Construction 778 (673) 1,451 Due Governmental Agencies 1,000 1,000 Temporary Investments 20,611 20,611 Total Disbursements 22,389 20,938 i,451 CASH BALANCE - JUNE 30, 1970 $ 1,804 $ 1,353 $ 451 9 CITY OF MOAB BOND REDEMPTION & INTEREST FUND Grand County, Utah Revenues & Expenditures REVENUES Property Taxes Interest Income Transfer From Utility Fund Total Revenues 12 12 MONTHS ENDED JUNE 30, 1970 MONTHS ACTUAL ENDED BETTER JUNE 30, (WORSE) 1969 ACTUAL BUDGET BUDGET $ 18,300 $ 19,016 $ 18,300 $ 716 i,32o 1,659 1,000 659 38,o5o 37,65o 37,600 50 57,67o 58,325 56,9o0 1r425 EXPENDITURES Bond Agent Fees 110 110 110 Collection of Taxes 224 252 240 (12) Matured Bonds 7/1/51 Series 5,000 5,000 5,000 2/1/56 Series 5,000 5,000 5,000 1/1/S9 Series 10,000 10,000 10,000 Matured Interest 7/i/51 Series 495 358 358 2/i/56 Series 3,308 3,120 3,120 1/1/59 Series 6,000 5,600 5,600 1/1/62 Series 22,000 22,000 22,000 Total Expenditures 52,137 51,440 51,428 (12) Excess or (Deficiency) of Revenues Over Expenditures Unappropriated Surplus - Beginning of Fiscal Year 5,533 6,885 $ 5,472 $ 1,413 35,9o3 41,436 UNAPPROPRIATED SURPLUS - END OF FISCAL YEAR $ 41,436 $ 48,321 30 CITY OF MOAB PUBLIC UTILITY FUND Grand County, Utah Income & Expense INCOME Water Sales Sewer Service Charge Interest Other Charges Total Income 12 MONTHS ENDED JUNE 30, 1969 JUNE 30, 1970 AMOUNT % AMOUNT 018,301 64.75 $119,054 63.73 59,796 32.73 61,256 32.79 4,492 2.46 6,024 3.22 118 .06 492 .26 182z7o7 100.0o 186,826 100.00 EXPENSE Salaries & Wages 40,729 22.29 44,755 23.96 Materials, Supplies & Services Subscriptions & Memberships 328 .18 290 .15 Ordinances & Publications 159 .09 31 .02 Travel 724 .40 533 .29 Office Expense & Supplies 1,965 1.08 2,320 1.24 Equipment Expense 4,843 2.65 4,817 2.58 Building & Ground Expense 9,813 5.37 11,529 6.17 Special Departmental Supplies 8,009 4.38 11,860 6.35 Rentals 757 .41 325 .17 Professional & Technical Services 8,814 4.82 4,027 2.16 Total Materials, Supplies & Services 35,412 19.38 35,732 19.13 Other Charges Insurance & Surety Bonds 484 .26 1,322 .71 Employee Benefits 4,676 2.56 5,876 3.14 Depreciation 35,679 19.53 38,498 20.61 Interest on Bonds Revenue 19,770 10.82 19,433 10.40 General Obligations 28,000 15.33 27,600 14.77 Total Other Charges 88,609 48.50 92,729 49.63 Total Expense 164,750 90.17 173 216 92.72 Net Income 17,957 9.83 13,610 7.28 Transfer (To) or From Reserve for Bond Retirement Net Credits to Earned Surplus Earned Surplus - Beginning of Period EARNED SURPLUS - END OF PERIOD (5,337) 12,620 286,996 (6,287) 7,323 299,616 $299_,616 $306,939 11 CITY OF MOAB PUBLIC UTILITY FUND Grand County, Utah Cash Receipts & Disbursements 12 MONTHS ENDED JUNE 30, 1969 1970 CASH BALANCE - JULY 1 (BEGINNING OF YEAR) $ 12,787 $ 767 Receipts Customers` Deposits - Net 2,774 904 Contribution - U. S. Treasury 11,790 Contributions - Other 12,166 5,698 Water & Sewer Service Charges 174,287 181,567 Interest 4,492 6,024 Sundry Revenues 118 492 Total Receipts 205,627 194,685 Total Cash Balance & Receipts 218,414 195,452 Disbursements Temporary Investments - Net 9,503 24,331 Buildings & Structures 13,101 580 Improvements Other Than Buiidings 33,190 2,287 Machinery & Equipment 9,992 618 Office Furniture & Equipment 90 Principal 1/1/62 Revenue Bond Series 10,000 10,000 Transfer to 1/i/62 Revenue Bond Sinking .Fund 5,337 6,287 Principal 1/1/59 General Obligation Bonds 10,000 10�000 91,123 54,193 Expense Salaries & Wages 40,729 44,755 Subscriptions & Memberships 328 290 Ordinances & Publications 159 31 Travel 724 533 Office Expense & Supplies 2,018 2,332 Equipment - Operating Supplies & Maintenance 4,940 3,664 Building & Grounds -- Operating Supplies & Maintenance 10,442 10,786 Special Departmental Supplies 4,867 13,940 Rentals 757 3o0 Professional & Technical Services 8,630 4,268 Insurance & Surety Bonds 484 1,322 Employee Benefits 4,676 5,876 Interest on Bonds - Revenue 19,770 19,433 Interest on Bonds - General Obligation 28,000 27,600 Total Disbursements 217,647 189,323 CASH BALANCE - JUNE 30 (END OF YEAR) $ 767 $ 6,129 12 CITY OF MOAB BOND & INTEREST MATURITIES Grand County, Utah All Funds FISCAL YEAR ENDED JUNE 30, 1970 1971 1972 GENERAL OBLIGATIONS Series 7/1/51 Principal Payment to be Made 5,000 8,000 Principal Outstanding - End of Year 8,0o0 Interest Payments to be Made 358 220 Unmatured Interest -- End of Year 220 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) Principal Payment to be Made Principal Outstanding - End of Year Interest Payments to be Made Unmatured Interest - End of Year Series 1/1/62 (See Note) Principal Payment to be Made Principal Outstanding - End of Year Interest Payments to be Made Unmatured Interest - End of Year REVENUE BONDS Series 1/1/62 Principal Payment to be Made Principal Outstanding - End of Year Interest Payments to be Made 5,000 5,000 5,000 83,00o 78,000 73,000 3,12o 2,933 2,745 21,397 18,464 15,719 10,000 10,000 20,000 135,000 125,000 105,000 5,600 5,2oo 4,60o 20,7oo 15,5oo 10,90o 550,000 22,000 374,000 10,000 456, oao 19,433 550,000 22,000 352,000 11,000 445,000 19,013 550,000 22,000 330,000 11 ,000 434,000 18,573 13 CITY OF MOAB BOND & INTEREST MATURITIES Grand County, Utah All Funds Note 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 payments 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 requirements have been met, sufficient funds to pay the 1/1/59 and 1/1/62 General Obligation Bond Series. The proceeds of these Bond Series having been contributed to the Public Utility Fund for construction purposes. 14 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-G7-42 Firemen's Insurance Limits Property Loss Auto Liability BI P D Comprehensive Liability B I P D Policy No. CBP 96813 Glen Falls Insurance Co. Limits $19,800 Policy No. I. M. 12-61-51 State insurance Fund Limits - by Law Premium Rate .0129 Premium Rate .0087 Co. of Newark, New Jersey $179,000 $100,000/$300,000 $50,000 $100,000/$300,000 $50,000 INSURANCE COVERAGE & SURETY BOND IN FORCE June 30, 1970 Treasurers Bond Premium $204.00 4/9/70 to 4/9/73 Deputy Treasurers Bond Premium $25.50 4/9/70 to 4/9/73 Comprehensive Business Policy Adv. Premium $2,367.00 1/2/68 to 1/2/71 Contractors Equipment Premium $402.00 2/14/69 to 2/14/72 Workmens Compensation Road Maintenance Municipal Employees 15 CITY OF MOAB Grand County, Utah STATISTICAL SUMMARIES GENERAL FUND Revenues decreased $3,234 or 1% for the fiscal year ending June 30, 1970, as follows: REVENUES Property Tax Sales Taxes Licenses & Permits Fines, Forfeitures & Penalties Revenue From Use of Money & Property Revenue From Other Agencies Charges For Current Services Other Revenue TOTAL REVENUES The z% tax collected by the State of Utah for 7% compared to a decrease of 1% for the prior SALES TAX REVENUE (PERIOD FOR WHICH COLLECTED) Prior Calendar Year 2nd Quarter 3rd Quarter 4th Quarter Current Calendar Year 1st Quarter TOTAL FISCAL YEAR ENDED JUNE 30, 1970 1969 $ 66,563 65,541 60,655 16,348 4,051 17,688 47,273 1_,750 64,057 70,504 61,710 21,343 2,670 16,700 46,028 91 $279,869 $283,103 the year ended June period. INCREASE ( DECREASE] $ 2,506 (4,963) (1,055) (4,995) 1,381 988 1,245 i 659 $ (3,234) 30, 1970 decreased FISCAL YEAR ENDED JUNE 30, INCREASE 1970 1969 (DECREASE) $ 15,590 $ 17,094 17,982 17,613 16,759 19,802 15,210 15,995 $ 65.541 $ 70,504 $ (1,504) 369 (3,043) (785) $ (4,963) 16 CITY OF MOAB Grand County, Utah GENERAL FUND, Cont'd. Expenditures increased $36,354 or 14% as follows: EXPENDITURES - DEPARTMENTAL Administrative Department Municipal Court Police & Alcohol inspection Department Dog Pound Streets & Highways Waste Collection Flood Control Health Department Park Department Swimming Pool Contributions TOTAL EXPENDITURES EXPENDITURES - CLASSIFICATION Personal Services Materials, Supplies & Services Other Charges Capital Outlays TOTAL GENERAL FUND EXPENDITURES STATISTICAL SUMMARIES FISCAL YEAR ENDED JUNE 30 1970 $ 37,192 18,056 53,208 3,831 6,758 95,84o 36,148 3,195 3,778 16,004 i1,750 7,918 1969 31,025 16,864 43,102 3,478 6,027 94,668 35,224 1,670 3,405 6,471 8,353 7,037 $293,678 $257,324 FISCAL YEAR ENDED JUNE 30, 1970 1969 INCREASE (DECREASE) 6,167 1,192 10,106 353 731 1,172 924 1,525 373 9,533 3,397 881 $ 36,354 1970 INCREASE (DECREASE) AMOUNT $133,331 $118,305 $ 15,026 131,075 117,298 13,777 io,o60 9,068 992 i9,212 12,653 6,559 $293,678 $257,324 $ 36,354 12.70% 11.75% 10.94% 51.84% 14.13% 17 CITY OF MOAB Grand County, Utah STATISTICAL SUMMARIES SPECIAL ASSESSMENT FUNDS The Special improvement Guaranty Fund and Special Improvement Districts 1 and 2 have been combined into one Fund. BOND REDEMPTION & INTEREST FUND When all Revenue Bond Requirements have been met, it is the policy of the City to transfer from the Public Utility Fund sufficient funds to pay Principal, Interest and Bond Agents fees 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 deter- mined that the Revenue Bond Requirements have been met. The transfer for the year ended June 30, 1970 was $37,650 of which $10,000 represented Bond Principal, $27,600 Bond Interest and $50 the paying Agents fees. PUBLIC UTILITY FUND As of June 30, 1970, the Retirement Fund for the January 1, 1962 Revenue Bonds had no balance, the interest due July 1, 1970 having been advanced to the collection agent in June, 1970, The Reserve Fund has a balance of $47,320. its required amount of 20% of the amount placed into the Retirement Fund is $45,373. As of June 30, 1970 and 1969, the water and sewer accounts receivable aging is as follows: 0 - 30 days 30 - 60 days 60 - 90 days Over 90 days JUNE 30, 1570 JUNE 30, 1969 $16,120 65.43% $17,608 68.00% 5,667 23.00% 4,635 17.90% 873 3.54% 1,064 4.11% 1,978 8.03% 2,588 9.99% $24,638 loo,on $25,895 loo,00% 18 CITY OF MOAB Grand County, Utah PUBLIC UTILITY FUND, Cont'd. For the 12 months ending June 30, 1970 and 1969, the water consumed were as follows: July August September October November December January February March April May June CONNECTIONS 1969- 1970 STATISTICAL SUMMARIES connections and gallons GALLONS CONSUMED IN THOUSANDS 1968- INCREASE 1969- 1968- INCREASE 1969 (DECREASE) 1970 1969 (DECREASE) 1,188 1,127 1,198 1,135 1,184 1,144 1,188 1,156 1,174 1,151 1,174 1,156 1,187 1,150 1,166 1,157 1,173 1,160 1,185 1,166 1,185 1,180 1,180 1,189 61 54,48o 55,820 63 52,587 46,623 4o 43,282 45,333 32 28,490 27,849 23 17,258 19,175 18 17,258 11,846 37 12,447 14,005 9 12,739 13,981 13 16,872 11,502 19 25,303 25,929 5 28,961 35,511 (9) 45,594 47789 355.271 355,363 (1 , 34o) 5,964 (2,051) 64i (1,917) 5,412 (1,558) (1,242) 5,370 (626) (6,550) (2,195) (_9 2) Water consumption decreased from an average of 25,619 gallons per connection, per month for the previous period, to 25,051 gallons for the current period. The in- come varied as follows: ANNUAL AVERAGE PER CONNECTION Water Sewer Water Sewer Income Income Income Income Per Per Per Per Connection Connection 1,000 Gallons 1,000 Gallons of Water YEAR ENDED JUNE 30, 1970 1969 $100.74 $102.34 51.83 51.73 0.3351 0.3329 0.1724 0.1683 INCREASE (DECREASE) $ 0 .60) .10 0.0022 0.0041 19 CITY OF MOAB Grand County, Utah STATISTICAL SUMMARIES OTHER Expenditures in similar categories for both the General Fund and the Public Utility Fund increased in the following categories: EXPENDITURE CLASSIFICATION Salaries & Wages Materials, Supplies & Services Other Charges 12 MONTHS ENDED 1970 JUNE 301 INCREASE 1970 1969 AMOUNT % $183,962 $163,710 $20,252 12% 166,807 152,710 14,097 9% 11,382 9,552 1,830 19% 20