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HomeMy WebLinkAbout1975AUDIT REPORT CITY OF CHUBBUCK Bannock County, Idaho For The Year Ended December 31, 1975 KEN V. CARTER & CO. Certified Public Accountants Pocatello, Idaho CONTENTS FINANCIAL STATEMENTS Accountant's Report Balance Sheet Statement of Changes in Fund Balances Statement of Revenues and Expenditures Notes to Financial Statements OTHER FINANCIAL INFORMATION Accountant's Report on Other Financial Cash on Hand and on Deposit with Banks Summary of Bannock County Collections Operation in Taxes Receivable Schedule of General Fixed Assets Bond Principal and Interest Payable by Budget and Revenues Comparison Budget and Expenditures Comparison Detail of Expenditures by Fund Insurance and Bond Coverage Information and Remittances Year Supplemental Information for Bond Ordinance 1 2 3 4 5 6 7 8 9 10 11 12 13 15 18 19 Members mf Members of Idaho Sii, A of K E N V . CARTER & C O. American is Ac co t Certif led PtabEc Accounts nrs Certified PobGc Accounfants CERTIFIED PUBLIC ACCOUNTANTS PHONE 233-2903 Mayor and City Council City of Chubbuck Chubbuck, Idaho 442 South Arthur Pocatello, Idaho 83201 July 12, 1976 We have examined the balance sheets of the funds and general fixed asset group of accounts of the City of Chubbuck for the year ended December 31, 1975 and the related statement of changes in fund balances and general fixed asset group of accounts and the statement of revenues and expenditures 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 procedures as we considered necessary in the circum- stances. In our opinion, the accompanying balance sheets of the funds and the general fixed asset group of accounts, and the state- ments of revenues and expenditures and changes in fund bal- ances present fairly the financial position of the City of Chubbuck at December 31, 1975 and the results of its operations for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. KEN V. CARTER & CO. CERTIFIED PUBLIC ACCOUNTANTS P. O. BOX 242 CITY OF CHUBBUCK, Bannock County, Idaho Balance Sheets of Funds and General Fixed Assets Group of Accounts December 31, 1975 ASSETS Cash on hand Cash in bank Receivables: Amount due from Bannock County on taxes collected - Note B Taxes receivable Accounts receivable - Note C Water, sanitation, and sewer accounts From other funds Unexpired insurance Invested in time certificates of deposit Bond principal and interest to be raised in future years General fixed assets Total Assets LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Water deposits payable Payable to other funds Bond principal and interest to be paid in future years of which $69,700 is due in one year. Fund Balances: Invested in general fixed assets Restricted for payment of bonds and interest Unappropriated Total Liabilities and Fund Balances General Fund 48,774.16 95,009.59 40,400.13 28,631.12 5,660.00 40,000.00 Waterworks [n Fund $ 150.00 47,545.47 12,772.01 34.47 60,000.00 $ 258 475.00 $ 120,501.95 $ 21,926.84 $ 7,142.11 8,215.00 34.47 236,513.69 105,144.84 $ 258 475.00 $ 120,501.95 See notes to financial statements Sewer Fund 33,903.04 23,277.84 20,358.48 Sewer Construction 25,238.09 Sewer Bond Sewer and Interest Bond Retirement Reserve Fund 2,408.93 19,993.93 20,000.00 General Fixed Assets 2,492,900.00 2,690,590.35 77,539.36 4,879.61 22,408.93 19,993.93 2 "70 439.36 $2,570,43.9.36_ 25,238.09 22 408.93 $ 19,993.93 $2,690,590.35 N 2,492,900.00 20,358.48 R 9 2 2, 690, 590.35 77,539.36 4,879.61 22,408.93 19,993.93 2 "70 439.36 25 238.09 $ 22,408.93 $ 19,993.93 $2,690,590.35 2 I' I T, r �p r r r L �F l It, it Ll L1 is CITY OF CHUBBUCK, Bannock County, Idaho Statement of Changes in Fund Balances For the Year Ended December 31, 1975 Additions: Excess of revenues over expenditures Building Equipment Furniture and fixtures Sewer construction Total Deductions: Depreciation allowance (sewer 21-2%) Total Net additions (deductions) Balance at December 31, 1974 Balance at December 31, 1975 General Fund $ 49,684.10 49,684.10 Waterworks Fund , $ 63,145.04 * r. 63,145.04 49,684.10 63,145.04 _ 186,829.59 $ 236 513.69 See notes to financial statements 41.999.80 $ 105 144.84 Sewer Bond Sewer and Interest General Sewer Sewer Bond Retirement Fixed Fund Construction Reserve Fund Assets $ 9,514.06 $ 25,162.78 $ 22,408.93 $ 19,993.93 $ 20,863.34 23,082.18 364.45 154.779.25 9,514.06 25,162.78 22,408.93 19,993.93 199,089.22 57,870.00 57.870.00 9,514.06 25,162.78 22,408.93 19,993.93 141,219.22 68.025.30 ( 20,283.17} 2,549,371.13 $ 77,539.36 4,879.61 $ 22,408.93 $ 19,993.93 $2,690,590.35 3 CITY OF CHUBBUCK, Bannock County, Idaho Statement of Revenues and Expenditures For the Year Ended December 31, 1975 r - ExDenditures Operations 309,076.89 169,600.24 Sewer construction Difference in unexpired insurance { 3,451.00) Accounts payable December 31, 1975 21,926.84 7,142.11 Accounts payable December 31, 1974 ( 12,526.16) ( 3,692.32) 12% County collection fee 1,445'70 Transfer Total 316,472.27 173 050.03 Excess of revenues over expenditures $ 49,684.10 $ 63,145.04 See notes to financial statements General Waterworks Fund Fund Revenues Accrued taxes (adjusted) $ 135,909.20 1.67) Penalty and interest on delinquent taxes 549.38 Liquor apportionment 25,505.99 6,843.22 Road and bridge apportionment 12,980.51 Sales tax (inventory phase out) 58,978.11 Highway users revenue 22,922.91 Licenses, franchise and fees 15,362.05 Fines 1,730.00 Rent 15,416.99 State grants 4,479.77 1,054.05 Interest on investments 15,438.00 Fire protection 24,949.36 6,231.42 Sales, reimbursements, etc. 1819769.81 Water 35,141.46 Sanitation Sewer Hookups Advanced from Federal and State 25,090.88 12,000.00 Federal revenue sharing Transfer -- 366,156.37 236,195.07 Total ExDenditures Operations 309,076.89 169,600.24 Sewer construction Difference in unexpired insurance { 3,451.00) Accounts payable December 31, 1975 21,926.84 7,142.11 Accounts payable December 31, 1974 ( 12,526.16) ( 3,692.32) 12% County collection fee 1,445'70 Transfer Total 316,472.27 173 050.03 Excess of revenues over expenditures $ 49,684.10 $ 63,145.04 See notes to financial statements Sewer Fund 149,997.48 5,699.30 155,696.78 38,717.72 107 465.00 146 182.72 9 514.06 Sewer Construction 183,469.52 Sewer Bond Reserve Fund 22 440.00 183,469.52 22,440.00 3,527.49 154,779.25 158 306.74 $ 25,162-78 31.07 31.07 $ 22,408.93 Sewer Bond and interest Retirement Fund 4 85 025.00 85,025.00 65,031.07 65,031.07 $ 19 993.93 CITY OF CHUBBUCK Bannock County Chubbuck, Idaho DOTES TO FINANCIAL STATEMENTS NOTE A - Principles of Accounting and General The City reports on the accrual basis of accounting and in accordance with fund accounting principles. Consistent with fund accounting principles, certain self-contained funds are used to account for cash and other assets. NOTE B - Amounts Due from Bannock County on Taxes Collected Taxes levied by the City are collected by Bannock County and remitted monthly. As of December 31, 1975, the County had collected but not remitted to the City $95,009.59. This amount was received in January, 1976. NOTE C - Accounts Receivable Amounts due from state and county includes the following: State of Idaho - 4th quarter highway users revenue $14,468.42 4th quarter liquor apportionment 2,827.46 Bannock County - 4th quarter liquor apportionment 2,279.42 4th quarter road and bridge 51586.02 4th quarter inventory phase out 35469.80 Total $28,631.12 These amounts were received in January, February, and March 1976. 5 Pocatetlo, Idaho July 12, 1976 ACCOUNTANTS' REPORT ON OTHER FINANCIAL INFORMATION City of Chubbuck Chubbuck, Idaho In connection with our examination of the financial statements of the City of Chubbuck for the year ended December 31, 1975, we have reviewed the other financial information presented in the following pages which hap been taken primarily from account- ing and other records of the City, but which is not, in our opinion, necessary for a fair presentation of its financial position or results of operations. Our examination was primar- ily for the purpose of formulating an opinion on the basic financial statements taken as a whole and was not such as to enable us to express an opinion as to the fairness of all the details of the additional information. KEN V. CARTER & CO. CERTIFIED PUBLIC ACCOUNTANTS CITY OF CHUBBUCK, Bannock County, Idaho i Cash on Hand and on Deposit with Banks For the Year Ended December 31, 1975 r 1975 Cash Disbursements Operations Sewer construction Bond principal and interest Purchase of investments Transfer to other funds Total Disbursements Net increase (decrease) Cash balance - December 31, 1974 309,158.19 60,000.00 12.000.00 381 158.19 23,936.56 24,837.60 169,600.24 60,000.00 229,600.24 6,891.75 40,803.72 Cash balance - December 31, 1975 48 774.16 $ 47,695.47 38,717.72 107,465.00 146,182.72 2,060.94 31 842.10 $ 33,903.04 General Waterworks Sewer 1975 Cash Receipts From Fund Fund Fund Tax collections, penalties, and " interest (net) S 94,934.61 $ $ Road and bridge apportionment 4,020.68 Liquor apportionment 14,052.70„ Sales tax (inventory phase out) 12,709.81 Bannock County remittances 125,717.80 Federal revenue sharing 37,090.88 Franchises 5,170.91 City licenses and fees 3,035.50 Building permits 13,093.50 Dog licenses 1,623.00 State grants 15,416.99 Court fines 15,362.05 Highway users revenue 60,362.92 State liquor apportionment 12,924.07 Sales reimbursements, etc. 24,949.36 6,312.72 Fire protection 15,438.00 Interest on investments 4,479.77 1,054.05 Rent 1,730.00 Water receipts 80,271.60 Water hookups 99,472.16 Water deposits 2,240.00 Sanitation 35,141.46 Sewer receipts 142,544.36 Sewer hookups 5,699.30 Advanced from Federal and State Principal of investments 68,700.00 Transfers from other funds 12,000.00 Total Receipts 405,094.75 236,491.99 148,243.66 1975 Cash Disbursements Operations Sewer construction Bond principal and interest Purchase of investments Transfer to other funds Total Disbursements Net increase (decrease) Cash balance - December 31, 1974 309,158.19 60,000.00 12.000.00 381 158.19 23,936.56 24,837.60 169,600.24 60,000.00 229,600.24 6,891.75 40,803.72 Cash balance - December 31, 1975 48 774.16 $ 47,695.47 38,717.72 107,465.00 146,182.72 2,060.94 31 842.10 $ 33,903.04 Sewer Construction 183,469.52 Sewer Bond Reserve Fund 22,440.00 183,469.52 22,440.00 3,527.49 154,779.25 158_,306.74 25,162.78 75.31 $ 25,238.09 31.07 20,000.00 20,031.07 2,408.93 $ 2,408.93 Sewer Bond and Interest Retirement Fund 11 85,025.00 85,025.00 31.07 65,000.00 65,031.07 19,993.93 $ 19,993.93 7 CITY OF CHUBBUCK, Bannock County, Idaho Summary of Bannock County Collections and Remittances For the Year Ended December 31, 1975 Unremitted collections, December 31, 1974 Collection by County: 1972 Taxes - real 1973 Taxes - real 1974 Taxes - real 1974 Taxes - personal 1975 Taxes - real 1975 Taxes - personal Penalty on delinquent taxes Interest on delinquent taxes Liquor apportionment Sales tax (inventory phase out) Road and bridge apportionment Total to account for 127. collection fee Net remittances by County Unremitted collections, December 31, 1975 Total accounted for 8 951.82 1,462.89 20,799.03 2,069.56 86,580.07 13,077.37 113.87 536.11 12, 272.45 12, 709.81 4.020.68 $ 1,883.86 125,717.80 93,700.46 $ 66,708.46 154,593.66 $_221,302.L2 $ 221,302.12 CITY OF CHUBBUCK, Bannock County, Idaho Operation in Taxes Receivable Far the Year Ended December 31, 1975 Taxes Receivable by Fund Balance December 31, 1975 $ 36,225.81 2,728.49 1,445.83 $ 40,400.13 Balance Waterworks Cancelled Fund December 31, Tax Tax or Year 1974 Charge Collections Adjusted 1975 $ $ 135,971.44 $ 99,657.44 $ 68.19 1974 25,525.30 111.21 22,868.59 39.43 1973 2,908.72 .95,009.59 1,462.89 153.45 1972 999.32 Balance receivable December 31, 1975 951.82 47.50 $ 40,400.13 $ 29,433.34 $ 136,062.65 $ 124,940.74 $ 155.12 Taxes Receivable by Fund Balance December 31, 1975 $ 36,225.81 2,728.49 1,445.83 $ 40,400.13 9 General Waterworks Fund Fund Total Balance receivable December 31, 1974 $ 29,398.34 $ 35.00 $ 29,433.34 Tax charge 136,062.65 136, 062.65 Total Receivable 165,460.99 35.00 165,495.99 Taxes remitted 29,897.82 33.33 29,931.15 Taxes collected not remitted 95,009.59 .95,009.59 Tax cancellation and adjustment 153.45 1.67 155.12 Balance receivable December 31, 1975 X40,400.13 $ .00 $ 40,400.13 9 CITY OF CHUBBUCK, Bannock County, Idatao Schedule of Genera] Fixed Assets For the Year Ended December 31, 1975 Note: Sewer construction costs will be depreciated over a 40 year life. 10 Balance Balance December December 31, 1974 Additions Deductions 31, 1975 Buildings and land $ 72,489.22 $ 110,863.34 $ $ 93,352.56 t Street improvements 11,264.3 11,264.13 Parks 30,000.00 30,000.00 Equipment 105,800.62 23,082.18 128,882.80 Furniture and fixtures 3,209.48 364.45 3,573.93 Well No. 2 31,142.47 31,142.47 Well No. 3 13,281.80 13,281.80 Waterworks 179,430.96 179,430.96 Sewer construction 21102,752.45 154,779.25 57,870.00 2,199,661.70 Total $ 2,549,371.13 $ 199,089.22 $ 57,870.00 $ 2,690,059.35 Note: Sewer construction costs will be depreciated over a 40 year life. 10 CITY OF CHUBBUCK, Bannock County, Idah- Bond Interest and Principal Payable by Year Sewer Revenue Bond, Series October 1, 1872 Year 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Interest Due April 1 $ 29,850.00 29,550.00 29,250.00 28,950.00 28,650.00 28,350.00 28,050.00 27,750.00 27,450.00 27,150.00 26,700.00 26,250.00 25,800.00 25,350.00 24,900.00 24,300.00 23,700.00 23,100.00 22,500.00 21,900.00 21,150.00 20,400.00 19,650.00 18,750.00 17,850.00 16,950.00 15,900.00 14,850.00 13,650.00 12,450.00 L1,250.00 9,900.00 8,550.00 7,050.00 5,400.00 3,750.00 1,950.00 Octol,er 1 $ 2q , ,� ;0.00 29, 50.00 29,x50.00 28,',50.00 28,650.00 28,350.00 28,050.00 27,750.00 27,450.00 27,150.00 26,700.00 26,250.00 25,800.00 25,3-0.00 24,900.00 24,300.00 23,700.00 23,100.00 22,500.00 21,900.00 21,150.00 20,400.00 19,650.00 18,750.00 17,850.00 16,950.00 15,900.00 14,850.00 13,650.00 12,450.00 11,250.00 9,900.00 8,550.00 7,050.00 5,400.00 3,750.00 1,950.00 Totals $ 748,950.00 $ 748 950.00 11 Principal Due October 1 j 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 25,000.00 25,000.00 25,000.00 30,000.00 30,000.00 30,000.00 35,000.00 35,000.00 40,000.00 40,000.00 40,000.00 45,000.00 45,000.00 50,000.00 55,000.00 55,000.00 60,000.00 6:57000.00 $ 995,000.00 Total Due $ 69,700.00 69,100.00 68,500.00 67,900.00 67,300.00 66,700.00 66,100.00 65,500.00 64,900.00 69,300.00 68,400.00 67,500.00 66,600.00 65,700.00 69,800.00 68,600.00 67,400.00 66,200.00 65,000.00 68,800.00 67,300.00 65,800,00 69,300.00 67,500.00 65,700.00 68,900.00 66,800.00 69,700.00 67,300.00 64,900.00 67,500.00 64,800.00 67,100.00 69,100.00 65,800.00 67,500.00 68,900.00 $ 2,492,900.00 CITY OF CHUBBUCK, Bannock County, Idaho Budget and Revenues Comparison {Cash Basis) For the Year Ended December 31, 1975 Sewer Fund Sewer charges Sewer hookups Sewer construction pay -back Total Sewer Fund $ 135,000.00 $ 142,544.36 $ 7,544.36 3,500.00 5,699.30 2,199.30 30 000.00 ( 30 000.00) $ 168 500.00 $ 148 243.66 ($ 20 256.34) 12 Over or (under) General Fund Budget Revenues Budget Tax levies (net) $ 94,450.00 $ 94,934.61 $ 484.61 2,424.07 State liquor allotments 10,500.00 7,000.00 12,924.07 14,052.70 7,052.70 County liquor allotments 45,000.00 60,362.92 15,362.92 Highway users revenue Sales tax (inventory phase out) 10,x)00.00 12,709.81 2,209.81 12,000.00 15$62.05 3,362.05 Fines and forfeitures 16,400.00 17,752.00 1,352.00 Licenses and permits 4,000.00 4,020.68 20.68 Road and bridge 1,500.00 1,730.00 230.00 Rent 4,150.00 5,170.91 1,020.91 Franchise 200.00 ( 200.00) Planning and zoning 15,000.00 15,438.00 438.00 Fire protection 2,500.00 4,479.77 1,979.77 interest on investments 40,000.00 24,949.36 ( 15,050.64) Other_ 200.00 { 200.00) Cable TV Federal revenue sharing 34,500.00 37,090.88 15L416.99 2,590.88 7,416.99 State grant - law enforcement 8,000.00 Total General Fund $ 305 900.00 $ 336 394.75 $ 30 494.75 Waterworks Fund $ 85,000.00 $ 80,271.60 ($ 4,728.40) Water sales 1,800.00 2,240.00 440.00 Water deposits 1.5,500.00 99,472.16 83,972.16 Water hookups 31,000.00 35,141.46 4,141.46 Sanitation 75fl.00 1,054.05 304.05 Interest an investments 4,F00.00 6,312.72 1,712.72 Sales, other Total Waterworks Fund $ 138 050.00 $ 224,491..99 $ 85 841.99 Sewer Fund Sewer charges Sewer hookups Sewer construction pay -back Total Sewer Fund $ 135,000.00 $ 142,544.36 $ 7,544.36 3,500.00 5,699.30 2,199.30 30 000.00 ( 30 000.00) $ 168 500.00 $ 148 243.66 ($ 20 256.34) 12 CITY OF CHUBBUCK, Bannock County, Idaho Budget and Expenditures Comparison (Casdi'Basi"s) For the Year Ended December 31, 1975 General Fund General Government Legislative Executive Financial administration Elections Legal and publications Other government Total General Government Law Enforcement and Protection Law enforcement and protection Fire control and prevention Total Law Enforcement and Protection Building Inspection Physical Environment and Transportation Highway, streets, and roadway Engineering Parks Other Government Purposes Audit Property payment Contingent Total Other Government Purposes Total General Fund Wa erworks Fund Administration Supplies pump maintenance Pumping - power and utilities Water lines transmission and distribution Customers account Personnel benefits Equipment, equipment payments, and repairs Contingent Sub -total Waterworks 13 $ 367,437.60 $ 309 158.19 ($ 58)279.41) $ 26,160.00 $ 24,887.14 ($ Over or 1975 1975 ( (under) Budget Expenditures ( Budget 96,600.00 12,275.00 $ 11,055.35 ($ 1,219.65) 2,900_00 2,727.56 ( 172.44) 10,000.00 7,366.99 ( 2,633.01) 600.00 289.63 ( 310.37) 9,500.00 8,180.11 ( 1)319.89) 50,862.60 472327.05 ( 3,535.55) 86,137.60 76,946.69 (� 9,190.91) 81,822.00 811816.24 ( 5.76) 51,148.72 49,892.34 (_ 1,256.38) 132,970.72 131,708.58 ( 1,262.14) 6,000.00 4,164.70 ( 1,835.30) 67,130.90 64,073.75 ( 3,057.15) 7,500.00 7,441.76 ( 58.24) 16,000.00 8,988.91 C 7,011.09) 1,200.00 1,100.00 ( 100.00) 14,000.00 14,733.80 733.80 36 498.38 ( 36 498.38) 51.698.38 15,833.80 ( 35,864.58) $ 367,437.60 $ 309 158.19 ($ 58)279.41) $ 26,160.00 $ 24,887.14 ($ 1,272.86) 4,600.00 4,389.60 ( 210.40) 6,500.00 6,391.01 ( 108.99) 96,600.00 963432.29 ( 167.71) 500.00 248.30 ( 251.70) 5,475.00 5,957.53 482.53 61825.00 6,555.76 ( 269.24) 314.74 ( 314.74) 146,974.74 144,861.63 ( 2,113.11) CITY OF CHUBBUCK, Bannock County, Idaho Budget and Expenditures Comparison (Cash Basis) For the Year Ended December 31, 1975 Waterworks Fund (Continued) Sanitation - Garbage Disposal Salary and administration Landfill disposal Personnel benefits Equipment maintenance and other Total Sanitation Total Waterworks Fund Salaries and administration Treatment Bond retirement fund Bond and interest fund Personnel benefits Equipment and maintenance Utilities Customer accounts Total Sewer Fund Sewa e Construction Fund 14 Over or 1975 1975 (Under) Budget Expenditures Bud et $ 27,802.55 $ 15,581.58 ($ 12,220.97) 2,400.00 2,400.00 3,470.00 3,470.00 B4O00.00 3,287.03 ( 4,712.97) 41,672.55 24,738.61 ( 16,933 74) $ 188 647.29 $ 169 600.24 ($ 19,047.05) $ 43,857.24 $ 22,689.22 ($ 21,168.02) 15,000.00 10,050.00 ( 4,950.00) 33,660.00 22,440.00 ( 11,220.00) 90,000.00 85,025.00 ( 4,975.00) 3,835.00 3,835.00 9,370.00 1,057.14 ( 8,312.86) 1.000.00 817.56 ( 182.44) 268.80 268.80 196 722.24 $ 146 182.72 ($ 50 539.52) $ 185 000.00 $ 158 306.74 {$ 26 693.26) CITY OF CHUBBUCK, Bannock County, Idaho Detail of Expenditures For the Year Ended December 31, 1975 General Fund General Government Legislative Salaries $ 4,800.00 Administration 210.84 Dues 666.20 Civil defense 100.00 Med-Alert ambulance 1,980.00 Southeastern Idaho Community Action Agency 500.00 Southeastern Idaho Health District 2,255.00 South East Idaho Council of Governments 543.31 $ 11,055.35 Executive Mayor salary 2,400.00 Administration 327.56 2,727.56 Financial and Administration Salary 5,267.50 Supplies 2,099.49 7,366.99 Elections 289.63 Legal and Publications 8,180.11 Other General Government Personnel benefits 18,064.95 Insurance 18,138.81 Utilities 2,311.30 Building and -repairs 6,322.47 Construction 2,489.52 r 47,327.05 Law Enforcement and Protection Salaries 61,942.06 Records and supplies 6,362.11 Care and custody of prisoners 1,067.00 Communications 2,738.29 Repair and maintenance 8,285.78 Equipment 11421.00 81,816.24 Fire Control and Prevention Salaries 10,338.00 Alarm and communication 1,169.90 Equipment 141081.6.7 Building construction 16,263.93 Equipment and building maintenance 51033.48 Auxiliary service 3,005.36 49,892.34 Building Inspection 4,164.70 15 CITY OF CHUBBUCK, Bannock County, Idaho Detail of Expenditures For the Year Ended December 31, 1975 General Fund (Continued) General Government - continued Physical Environment and Transportation Highways, Streets, and Roads Salaries $ 17,889.14 Construction 7,683.67 Maintenance 17,032.16 Snow and ice removal 28 2. 00 Lighting 9,234.25 Equipment and equipment repairs 11,952.53 Engineering Parks Salary 2,830.62 Construction 1,920.63 Maintenance 4,237.66 Other Government Purposes Audit Contingent 1,358.80 Principal (4545 Yellowstone Ave.) 12,500.00 Interest 875.00 Total General Fund Waterworks Fund Administration Salaries $ 23,007.52 Office supplies 1,879.62 Supply - pumps maintenance Pumping - power and utilities Water Line Transmission and Distribution Improvements 53,429.07 Repairs 2,049.38 Connections 40,953.84 Customer Account Refunds 16 $ 64,073.75 7,441.76 8,988.91 1,100.00 14,733.80 $ 309,158.19 $ 24,887.14 4,389.60 6,391.01 96,432.29 248.30 CITY OF CHUBBUCK, Bannock County, Idaho Detail of Expenditures For the Year Ended December 31, 1975 Waterworks Fund (Continued) Personnel Benefits Equipment, Equipment Repairs Sanitation Salaries Supplies Personnel benefits Equipment expense Landfill Total Waterworks Fund Sewer Fund Salaries Administration Treatment Personnel benefits Utilities Equipment, repair and maintenance Customer account refunds Reserve fund Bond principal and interest Total Sewer Fund Sewer Construction Fund $ 14,696.00 885.58 3,470.00 3,287.03 2,400.00 $ 20,468.31 2,220.91 10,050.00 3,835.00 817.56 1,057.14 268.80 22,440.00 85 025.00 Construction $ 111,692.50 Engineering 34,576.51 Reimbursements and claims 12 037.73 Total Sewer Construction Fund 17 $ 5,957.53 6,555.76 24,738.61 $ 169 600.24 $ 146,182.72 $ 158,306.74 'c E p p o 0 o a o 0 v o o c p p o 0 00 O P. 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U n rn C14t0-L N N co Z CITY OF CHUBBUCK, Bannock County, Idaho Supplemental Information for Bond Ordinance As of December 31, 1975 (1) Schedule of sewer rates charged In City Per Month Single family residence $ 9.80 Duplex residential unit - per unit 8.00 Apartment building - per apartment 8.00 Motels - per unit 2.00 Trailers in trailer parks 8.00 Trailers on individual lots 9.80 Motels with cooking units - per unit 8.00 Hotels and rooming houses - per unit 2.00 Churches 9.80 Commercial businesses and schools 9.80 plus 12 cents per thousand gallons in excess of ten thousand gallons of water per month Out of City Same as above except that each charge shall be fifty percent greater than equivalent charge for in the city (2) Net Revenues of the System to Be 140'/ of Combined Average Annual Principal and Interest Requirements Gross revenues $ 148,243.66 Less operating expenses 38,717.72 Net revenues $ 109,525.94 Average principal and interest $ 67,375.68 1407. thereof $ 94,325.95 (3) Reserve fund to have $1,402.50 deposited per month until a maximum of $67,320.00 is reached. Required - 16 months @ $1,402.50 $ 22,440.00 Assets at December 31, 1975 22,408.93 Amount under requirement $ 31.07 19 ri b t