HomeMy WebLinkAbout1979CITY OF CHUBBUCK
Bannock County, Idaho
AUDIT REPORT
For the Fiscal Year Ended
September 30, 1979
KEN V. CARTER & CO.
Certified Public Accountants
Pocatello, Idaho
CONTENTS
FINANCIAL STATEMENTS
Accountant's Report 1
Balance Sheet 2
Statement of Changes in Fund Balances 3
Statement of Revenues and Expenditures 4
Notes to Financial Statements 5
OTHER FINANCIAL INFORMATION
Accountant's Report on Other Financial Information
6
Cash on Hand and on Deposit with Banks
7
Operation in Taxes Receivable
8
Schedule of General Fixed Assets
9
Operation in Water Revenue Bond Interest Payable
10
Operation in Sewer Revenue Bond Interest Payable
10
Operation in Water Revenue Bond Principal
10
Operation in Sewer Revenue Bond Principal
10
Water Revenue Bond Principal and Interest Payable by Year
11
Sewer Revenue Bond Principal and Interest Payable by Year
12
Local Improvement District No. 1 Bond Principal and
Interest Payable by Year
13
Budget and Revenues Comparison
14
Budget and Expenditures Comparison
15
Detail of Expenditures by Fund
17
Insurance and Bond Coverage
20
Summary of Federal Revenue Sharing Receipts and Expenditures
21
Supplemental Information for Water Revenue Bond Ordinance
23
Supplemental Information for Sewer Revenue Bond Ordinance
24
Membersof Members o1
Idaho Society of K E N V . C A RT E R & C O. CerAmerican Inst lif led Public Accounc— of
Certified Public Accounlanls m nls
CERTIFIED PUBLIC ACCOUNTANTS
PHONE 233-2903
Mayor and City Council
City of Chubbuck
Chubbuck, Idaho
442 South Arthur
Pocatello, Idaho 83201
July 2, 1980
P. O. BOX 242
We have examined the balance sheets of the funds and general fixed
asset group of accounts of the City of Chubbuck for the fiscal year
ended September 30, 1979 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 fiscal year ended
September 30, 1979. 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 circumstances.
In our opinion, the accompanying balance sheets of the funds and
the general fixed asset group of accounts, and the statements of
revenues and expenditures and changes in fund balances present fairly
the financial position of the City of Chubbuck at September 30, 1979
and the results of its operations for the fiscal year ended September
30, 1979, 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
CITY OF CHUBBUCK, Bannock County, Idaho
Balance Sheets of Funds and General Fixed Assets Group of Accounts
September 30, 1979
See notes to financial statements
General
Waterworks
ASSETS
Fund
Fund
Cash on hand
$
$ 150.00
Cash in bank
37,588.03
Receivables
Amount due from Bannock County
on taxes collected - Note B
2,187.91
Taxes receivable
23,597.19
Accounts receivable - Note C
31,987.75
Water, sanitation and sewer accounts
27,522.32
Unexpired insurance
21,760.00
Invested in time certificates of deposit
60,000.00
280,000.00
Bond principal and interest to be
raised in future years
386,187.50
General fixed assets
Total Assets
$ 177,120.88
$ 693,853.82
LIABILITIES AND FUND BALANCES
Liabilities:
Cash in bank (overdrawn)
$
$ 106,304.51
Accounts payable
34,525.79
7,643.56
Water deposits payable
15,175.00
Bond interest coupons payable
Bona principal and interest to be
paid in future years of which
$106,767.50 is due in one year
386,187.50
Fund Balances:
Invested in general fixed assets
Restricted for payment of bonds and
interest
178,549.25
Unappropriated
142,595.09
Total Liabilities and Fund Balances
$ 177,120.88
$ 693,859.82
See notes to financial statements
Sewer Bond Water Bond
Sewer Bond and Interest 'Water Bond and Interest Local General
Sewer Reserve Retirement Reserve Retirement Improvement Fixed
Fund Fund Fund Fund Fund District No.l Assets
244,717.15 2.93 5,369.13 2,196.74 5,318.46 342.99
30,624.45
77,540.00
17,835.00
2,217,700.00 116,775.00
2,852,217.1
'2,493,041.60 $ 77,542.93 $ 5,369.13 $ 20,031.74 $ 5,318.46 $ 117,117.99 $2,852,217.1
5,483.18
150.00
2,217,700.00
269,858.42 77,542.93 5,369.13 20,031.74 5,168.46
116,775.00
2,852,217.1
342.99
$2,493,041.60 $ 77,542.93 5, 3b9. 1.i y GU, USjj—/4 ZP 3, 316.`4 Y.? -L-LrI. Y�,� �ie�y•
Vj
CITY OF CHUBBUCK, Bannock County, Idaho
Statement of Changes in Fund Balances
For the Fiscal Year Ended September 30, 1979
General Waterworks Sewer `
Fund Fund Fund
Additions:
Excess of revenue over expenditures $ $ 77,035.32 $ 56,872.82
Equipment
Water and sewer system construction
Transfers from other funds 12,065.53
Total .00 77,035.32 68,938.35
Deductions:
Depreciation allowance
Transfers to other funds
Excess of expenditures over revenues
Net additions (deductions)
Balance at September 30, 1978
Balance at September 30, 1979
20,358.48
2,029.10
( 2,029.10) 77,035.32 48,579.87
144,624.19 101,513.93 221,278.55
$ 142,595.09 $ 178,549.25 $ 269,858.42
See notes to financial statements
3
Sewer Bond
Water Bond
Sewer
Sewer Bond
and Interest
Water Bond
and Interest
Local
General
Construction
Reserve
Retirement
Reserve
Retirement
Improvement
Fixed
Fund
Fund
Fund
Fund
Fund
District No..l
Assets
$
$ 5,411.75
$ .20
$ 7,556.09
$ 4.00
$ 342,99
$
56,586.8:
3,6672.01
20,358.48
20,358.48
5,411.75
.20
7,556.09
4.00
342.99
60,258.8
72,880.0
12,065.53
2,177.50
6,115.45
5,411.75
.20
7,556.09
4.00
342.00
( 12,621.1
( 6,115.45)
72,131.18
5,368.93
12,475.65
5,164.46
.00
2,864,838.3
$ .00
$ 77,542.93
$ 5,369.13
$ 20,031.74
$ 5,168.46
$ 342.99
$2,852,217.1
3
I.
CI'T'Y OF CHUBBUCK, Bannock County, Idaho
Statement of Revenues and Expenditures
For the Fiscal Year Ended September 30, 1979
Revenues
Accrued taxes (adjusted)
Penalty and interest on delinquent taxes
Liquor apportionment
Road and bridge apportionment
Sales tax (inventory phase out)
Highway users revenue
Licenses, franchise and fees
Fines
Rent
Interest on investments
Old outstanding checks voided
Fire protection
Sales, reimbursements, etc.
Water
Sanitation
Sewer
Hookups
Federal revenue sharing
Transfers
Sale of L.T.D. bonds
L.I.D. principal and interest
Total
Expenditures
OperationU
Construction
Bond principal and interest
1�% County collection fee
Transfers
Total
Excess of revenue over expenditures
or(expenditures over revenues)
General Waterworks
Fund Fund
$ 310,512.09
1,389.07
30,920.36
22,266.22
4,827.54
88,462.94
29,803.18
23,299.65
1,775.00
13,461.12
174.58
50,999.61
78,220.76
24,385.00
680,497.12
F"
16,377.00
228.70
451.37
158,806.90
69,634.07
24,475.43
20,000.00
289,973.47
677,987.71 186,734.15
4,538.51
682,526.22
($ 2,029.10)
See notes to financial statements
26,204.00
212,938.15
$ 77,035.32
L
1b,
Sewer Bond Water Bond
Sewer Sewer Bond and Interest Water Bond and Interest Local
Sewer Construction Reserve Retirement Reserve Retirement Improvement
Fund Fund Fund Fund Fund Fund District No
5,411-75
756.09
40.0
228,041..96
-
2,581.50
67,900.20
6,800.00
19,404.00
98,500.0(
12,272.2'
230,623.46
.00 5,411:.75
67,900.20
7,556.09
19,404.00
110,812.2'
105,850.44
2,177.50
98,500.01
67,900.00
19,400.00
11,969.2
67,900.20
173,750.64
2,177.50 .00
67,900.00
.00
19,400.00
110,469.2
56,872.82
$ 5,411.75
$ .20
$ 7,556.09
$ 4.00
$ 342.9
($
2,177.50)
4
CITY OF CHUBBUCK
Bannock County
Chubbuck, Idaho
NOTES 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 September 30, 1979, the County had
collected but not remitted to the City $2,187.91. This amount
was received in October, 1979.
NOTE C - Accounts Receivable
Amounts due from state and county includes the following;;
State of Idaho - 3rd
quarter
highway users revenue
$ 23,212.15
3rd
quarter
liquor apportionment
3,923.44
Bannock County - 3rd
quarter
liquor apportionment
2,876.15
3rd
quarter
road and bridge
209.06
3rd
quarter
inventory phase out
1,766.95
Total $ 31,987.75
These amounts were received in October and December 1979.
5
Members of
Members of K E N V . CARTER & C O. CerAmerican Institute of
Idaho Society of tified Publics Accountants
Certified Public Accounlanls
CERTIFIED PUBLIC ACCOUNTANTS
442 South Arthur
PHONE 233-2903 Pocatello, Idaho 83241 P. O. BOX 242
July 2, 1980
ACCOUNTANTS' REPORT ON OTHER FINANCIAL INFORMATION
Mayor and City Council
City of Chubbuck
Chubbuck, Idaho
In connection with our examination of the financial statements of
the City of Chubbuck for the fiscal year ended September 30, 1979,
we have reviewed the other financial information presented in
the following pages which has been taken primarily from accounting
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 primarily for the
purpose of formulating an opinion on the basic financial state-
ments 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.
REN V. CARTER & CO.
CERTIFIED PUBLIC ACCOUNTANTS
CITY OF CHUBBUCK, Bannock County,,Idaho
Cash on Hand and on Deposit with Banks
For the Fiscal Year Ended September 30, 1979
1979 Cash Receipts From
Tax collections, penalties, and
interest (net)
Road and bridge apportionment
Liquor apportionment
Sales tax (inventory phase out)
Fines
Bannock County remittances
State liquor apportionment
Federal revenue sharing
Franchise
City licenses and fees
Building permits
Dog licenses
Highway users revenue
Sales reimbursements, etc.
Fire protection
interest on investments
Rent
Old outstanding checks voided
Water receipts
Deposits
Sanitation
Sewer receipts
Hookups
Grants
Proceeds from sale of bonds
.Principal of investments
L.I.D. principal and interest
Transfers from other funds
Total Receipts
1979 Cash Disbursements
Operations
Construction
Bond principal and interest
Purchase of investments
Transfers to other funds
Total Disbursements
Net increase (decrease)
Cash balance - September 30, 1978
Cash balance - September 30, 1979
General
Fund
$ 292,097.42
23,234.49
13,984.84
5,267.78
23,299.65
357,884.18
17,115.38
24,385.00
9,950.68
4,842.50
11,111.00
3,899.00
91,460.48
50,403.39
50,999.61
13,461.12
1,775.00
174.58
27,817.37
220,000.00
885,279.29
668,735.37
200,000.00
868,735.37
16,543.92
21,044.11
$ 37,588.03
Waterworks Sewer
Fund Fund
20,000.00
451.37
16,377.00
228.70
153,033.10
3,530.00
69,634.07
24,475.43
287,729.67
10.00
229,784.72
2,581-50
12,065.53
244,441.75
195,302.20 103,581.09
140,000.00
26,204.00
67,900.20
361,506.20
171,481.29
( 73,776.53)
72,960.46
( 32,377.98)
171,756.69
($ 106,154.51)
$ 244,717.15
Sewer
Construction
Fund
Sewer Bond Water Bond
Sewer Bond and Interest Water Bond and Interest Local
Reserve Retirement Reserve Retirement Improvement
Fund Fund Fund Fund District No. 1
$ $ $ $ $
5,411.75
756.09
40.00
98,500.00
12,272.25
67,900.20 6,800.00 19,404.00
.00 5,411.75 67,900.20 7,556.09 19,404,00 110,812.25
2,177.50
96,500.00
67,900.00 19,250.00 11,969.26
A_335.00
12,065.53
14,243.03
14,540.00
67,900.00
9,335.00
( 14,243.03)
( 9,128.25)
.20
( 1,778.91)
14,243.03
9,131.18
5,368.93
3,975.65
$ .00
$ 2.93
$ 5,369.13
$ 2,196.74
7
19,250.00 _
154,00
5,164.46
5,318.46 $
110,469.26
342.99
.00
342.99
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C:3
CITY OF CHUBBUCK, Bannock County, Idaho
Schedule of General Fixed Assets
For the Fiscal Year Ended September 30, 1979
Buildings and land
Street improvements
Parks
Equipment
Furniture and fixtures
Well No. 2
Well No. 3
Waterworks
Sewer Construction
Total
Balance
September 30,
1978
$ 93,352.56
11,264.13
66,921.84
213,670.78
4,092.93
31,142.47
13,281.80
402,244.07
2,028,867.76
$ 2,864,838.34
Additions
$ 22,700.48
18,370.35
15,516.00
3,672.00
fi fin_75R_R�
Deductions
and
Depreciation
14,940.00
57,940.00
c 79_RRn_nn
Note: Water system costs will be depreciated over a 30 year life.
Sewer system costs will be depreciated over a 40 year life.
9
Balance
September 30,
1979
$ 116,053.04
11,264.13
85,292.19
229,186.78
4,092.93
31,142.47
13,281.80
390,976.07
1,970,927.76
$ 2,852,2]7.17
R'
CITY OF CHUBBUCK, Bannock County, Idaho
Operation in Water Revenue Bond Interest Payable
For the Fiscal Year Ended September 30, 1979
Water Revenue Bond, Interest
Series September 1, 1976 Due
Coupon No. 5 due March 1, 1979 $ 7,200.00
Coupon No. 6 due September 1, 1979 7,200.00
Totals $ 14,400.00
Operation in Sewer Revenue Bond Interest Payable
For the Fiscal Year Ended September 30, 1979
Sewer Revenue Bond, Interest
Series October 1, 1972 Due
Interest due April 1, 1979 $ 28,950.00
Interest due October 1, 1979 28,950.00
Totals $ 57,900.00
Operation in Water Revenue Bond Principal
For the Fiscal Year Ended September 30, 1979
Bonds
Payable
September 30, Bonds
1978 Matured
Water Revenue Bond,
Series September 1, 1976 $ 245,000.00 $ 5,000.00
Interest
/,000.UV
7,050.00
in I)Gn nn
Interest
� L�,yJU.UU
28,950.00
C4 r-,] dnn nn
Bonds
$ 5,000.00
Operation in Sewer Revenue Bond Principal
For the Fiscal Year Ended September 30, 1979
Bonds
Payable
September 30, Bonds Bonds
1978 Matured Redeemed
Sewer Revenue Bond,
Series October 1, 1972 $ 965,000.00 $ 10,000.00 $ 10,000.00
10
Interest
Payable
September .30 ,
1979
$ .00
150.00
$ 150.00
Interest
Payable
September 30,
1979
$ .00
.00
$ .00
Bonds
Payable
September 30,
1979
$ 240,000.00
Bonds
Payable
September 30,
1979
$ 955,000.00
CITY OF CHUBBUCK, Bannock County, Idaho
Bond Interest and Principal Payable by Year
Water Revenue Bonds, Series September 1, 1976 Total Issue $250,000
11
Total
Due
24,112.50
23,537.50
22,962.50
22,387.50
21,812.50
21,237.50
20,662.50
25,087.50
24,225.00
23,362.50
22,500.00
21,600.00
20,700.00
24,800.00
23,600.00
22,400.00
21,200.00
386,187.50
Principal
Bond
Interest
Due
DUe
Year
Numbers
March 1
Se tember 1
September 1
1980
3-4
$ 7,056.25
$ 7,056.25
$ 10,000.00
1981
5-6
6,768.75
6,768.75
10,000.00
1982
7-8
6,481.25
6,481.25
10,000.00
1983
9-10
6,193.75
6,193.75
10,000.00
1984
11-12
5,906.25
5,906.25
10,000.00
1985
13-14
5,618.75
5,618.75
10,000.00
1986
15-16
5,331.25
5,331.25
10,000.00
1987
17-19
5,043.75
5,043.75
15,000.00
1988
20-22
4,612.50
4,612.50
15,000.00
1989
23-25
4,181.25
4,181.25
15,000.00
1990
26-28
3,750.00
3,750.00
15,000.00
1991
29-31
3,300.00
3,300.00
15,000.00
1992
32-34
2,850.00
2,850.00
15,000.00
1993
35-38
2,400.00
2,400.00
20,000.00
1994
39-42
1,800.00
.1,800.00
20,000.00
1995
43-46
1,200.00
1,200.00
20,000.00
1996
47-50
600.00
600.00
20,000.00
Totals
$ 73,093.75
$ 73,093.75
$ 240,000.00
11
Total
Due
24,112.50
23,537.50
22,962.50
22,387.50
21,812.50
21,237.50
20,662.50
25,087.50
24,225.00
23,362.50
22,500.00
21,600.00
20,700.00
24,800.00
23,600.00
22,400.00
21,200.00
386,187.50
CITY OF CHUBBUCK, Bannock County, Idaho
Bond Interest and Principal Payable by Year
Sewer Revenue Bond, Series October 1, 1972 Total Issue $1,000,000
12
Total
Due
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
2.217,700.00
Principal
Due
Interest
Due
Year
October 1
October 1
April 1
1980
$ 10,000.00
$ 28,650.00
$ 28,650.00
1981
10,000.00
28,350.00
28,350.00
1982
10,000.00
28,050.00
28,050.00
1983
10,000.00
27,750.00
27,750.00
1984
10,000.00
27,450.00
27,450.00
1985
15,000.00
27,150.00
27,150.00
1986
15,000.00
26,700.00
26,700.00
1987
15,000.00
26,250.00
26,250.00
1988
15,000.00
25,800.00
25,800.00
1989
15,000.00
25,350.00
25,350.00
1990
20,000.00
24,900.00
24,900.00
1991
20,000.00
24,300.00
24,300.00
1992
20,000.00
23,700.00
23,700.00
1993
20,000.00
23,100.00
23,100.00
1994
20,000.00
22,500.00
22,500.00
1995
25,000.00
21,900.00
21,900.00
1996
25,000.00
21,150.00
21,150.00
1997
25,000.00
20,400.00
20,400.00
1998
30,000.00
19,650.00
19,650.00
1999
30,000.00
18,750.00
18,750.00
2000
30,000.00
17,850.00
17,850.00
2001
35,000.00
16,950.00
16,950.00
2002
35,000.00
15,900.00
15,900.00
2003
40,000.00
14,850.00
14,850.00
2004
40,000.00
13,650.00
13,650.00
2005
40,000.00
12,450.00
12,450.00
2006
45,000.00
11,250.00
11,250.00
2007
45,000.00
9,900.00
9,900.00
2008
50,000.00
8,550.00
8,550.00
2009
55,000.00
7,050.00
7,050.00
2010
55,000.00
5,400.00
5,400.00
2011
60,000.00
3,750.00
3,750.00
2012
65,000.00
1,950.00
1,950.00
Totals
$ 955,000.00
$ 631,350.00
$ 631,350.00
12
Total
Due
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
2.217,700.00
CITY OF CHUBBUCK, Bannock County, Idaho
Local Improvement District No. 1 Bond
Principal and Interest Payable by Year
Totals $ 26,775.00
13
Principal Total
$ 10,000.00
$ 15,355.00
10,000.00
Bond
10,000.00
Date
10,000.00
Number
Interest
July
1,
1980
2
$ 5,355.00
July
1,
1981
3
4,760.00
July
1,
1982
4
4,165.00
July
1,
1983
5
3,570.00
July
1,
1984
6
2,975.00
July
1,
1985
7
2,380.00
July
1,
1986
8
1,785.00
July
1,
1987
9
1,190.00
July
1,
1988
10
595.00
Totals $ 26,775.00
13
Principal Total
$ 10,000.00
$ 15,355.00
10,000.00
14,760.00
10,000.00
14,165.00
10,000.00
13,570.00
10,000.00
12,975.00
10,000.00
12,380.00
10,000.00
11,785.00
10,000.00
11,190.00
10,000.00
10,595.00
$ 90,000.00 $ 116,775.00
CITY OF CHUBBUCK, Bannock County, Idaho
Budget and Revenues Comparison (Cash Basis)
For the Fiscal Year Ended September 30, 1979
General Fund Budget
Tax levies (net) $
330,000.00
State liquor allotments
11,000.00
County liquor allotments
11,000.00
Highway users revenue
78,000.00
Sales tax (inventory phase out)
3,600.00
Fines and forfeitures
24,000.00
Licenses and permits
27,750.00
Road and Bridge
27,000.00
Rent
750.00
Intermountain Gas franchise
9,500.00
Planning and zoning
350.00
Fire protection
35,000.00
Interest on investments
5,000.00
Other
68,910.00
Cable TV franchise
200.00
Federal revenue sharing
36,190.75
State grant - law enforcement & parks
40,000.00
Sale of City Building
300,000.00
Yellowstone Ave. Project deeds
10,900.00
Other
3,600.00
Over or
(Under)
Revenues Budget
$ 292,097.42
17,115.38
13,984.84
91,460.48
5,267.78
23,299.65
19,330.00
23,234.49
1,775.00
9,750.68
522.50
50,999.61
13,461.12
50,577.97
200.00
24,385.00
27,817.37
($ 37,902.58)
6,115.38
2,984.84
13,460.48
1,667.78
( 700.35)
( 8,420.00)
( 3,765.51)
1,025.00
250.68
172.50
15,999.61
8,461.12
( 18,332.03)
.00
( 11,805.75)
( 12,182.63)
( 300,000.00)
( 10,900.00)
( 3,600.00)
Total General Fund
$ 1,022,750.75
$ 665,_279.29
($ 357 471.46)
Waterworks Fund
Water sales
$ 110,750.00
$ 153,033.10
$ 42,283.10
Water deposits
4,200.00
3,530.00
{ 670.00)
Water hookups
40,000.00
24,475.43
( 15,524.57)
Sanitation
70,600.00
69,634.07
{ 965.93)
Interest on investments
6,000.00
16,377.00
10,377.00
Sales, other
.00
451.37
451.37
Federal revenue sharing
10,000.00
20,000.00
10,000.00
Total Waterworks Fund
$ 241,550.00
$ 287,500.97
$ 45,950.97
Cot—,r Fiinrl
Sewer charges
Sewer hookups
Sewer deposits and other
Transfers from other funds
$ 163,600.00
2,000.00
200.00
$ 229,784.72
2,581.50
10.00
12,065.53
$ 66,184.72
581.50
12,065.53
Total Sewer Fund $ 165,800.00 $ 244,441.75 $ 78,641.75
14
CITY OF CHUBBUCK, Bannock County, Idaho
Budget and Expenditures Comparison (Cash Basis)
For the Fiscal Year Ended September 30, 1979
General Fund
General Government
Legislative
Executive
Financial administration
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
Engineering
Parks
Health and Welfare
Other Government Purposes
Audit
Property and building
Other
Total Other Government
Purposes
Total General Fund
381,948.51 3,174.86 ( 378,773.65)
$ 1,161,750.75 $ 668,735.37 ($ 493,015.38)
15
Over or
1979
1979
(Under)
Budget
Expenditures
Budget
$ 11,950.00
$ 10,941.72
($ 1,008.28)
6,750.00
6,535.52
( 214.48)
11,780.00
10,772.82
( 1,007.18)
32,881.49
32,681.79
.30
124,850.00
122,001.62
( 2,848.38)
188,211.49
183,133.47
( 5,078.02)
190,960.00
159,276.84
( 31,683.16)
90,980.00
60,829.65
( 30,150.35)
281,940.00
220,106.49
( 61,833.51)
17,040.00
15,513.07
( 1,526.93)
177,610.75
165,435.29
( 12,175.46)
14,500.00
13,485.89
{ 1,014.11)
97,000.00
66,886.30
( 30,113.70)
3,500.00
11000.00
( 2,500.00)
1,500.00
1,560.00
60.00
300,000.00
( 300,000.00)
80,448.51
1,614.86
( 78,833.65)
381,948.51 3,174.86 ( 378,773.65)
$ 1,161,750.75 $ 668,735.37 ($ 493,015.38)
15
CITY OF CHUBBUCK, Bannock County, Idaho
Budget and Expenditures Comparison (Cash Basis)
For the Fiscal Year Ended September 30, 1979
Salaries and administration
$ 40,135.00
$ 34,341.85
Over or
Treatment
1979
1979
(Under)
Waterworks Fund
Bud et
Expenditures
Budget
Administration
$ 45,325.00
$ 36,232.54
($ 9,092.46)
Supplies - pump maintenance
13,581.23
13,581.23
.00
Pumping - power and utilities
11,644.21
11,644.21
.00
Water lines, transmission and
145,000.00
37,430.64
( 107,569.36)
distribution
118,200.80
( 118,200.80)
Bond and interest fund
19,404.00
19,404.00
.00
Reserve fund
6,80().00
6,800.00
.00
Customer account
500.00
310.05
( 189.95)
Personnel benefits
13,206.60
13,212.30
5.70
Equipment, equipment payments,
and repairs
11,700.00
16,265.53
4,565.53
Contingent
12,140.96
( 12,140.96)
Sub -total Waterworks
279,302.00
154,880.50
( 124,421.50)
Sanitation - Garbage Disposal
Salary and administration
38,835.00
31,701.13
{ 7,133.87)
Landfill disposal
2,400.00
2,400.00
.00
Personnel benefits
10,784.00
10,784.()0
.00
Equipment maintenance and repairs
38,500.00
21,740.57
( 16,759.43)
Contingent and other
15,254.00
{ 15,254.00)
Total Sanitation
105,773.00
66,625.70
( 39,147.30)
Total Waterworks Fund
$ 385,075.00
$ 221,506.20
($_163,568.80)
Salaries and administration
$ 40,135.00
$ 34,341.85
($ 5,793.15)
Treatment
35,000.00
33,621.67
( 1,378.33)
Customer accounts
500.00
30.00
( 470.00)
Bond and interest fund
67,900.20
67,900.20
.00
Personnel benefits
10,908.00
10,908.00
.00
Equipment and maintenance
25,000.00
22,864.07
( 2,135.93)
Utilties
2,000.00
1,815.50
( 184.50)
Other government administration
118,200.80
( 118,200.80)
Total Sewer Fund
$ 299,644.00
$ 171,481.29
($ 128,162.71)
16
CITY OF CSUBBUCK, Bannock County, Idaho
Detail Expenditures
For the Fiscal Year Ended September 30, 1979
General Fund
General Government
Legislative
Salaries $ 10,941.72,
Executive
Mayor Salary
6,535.52
Financial and Administrative
Salary
10,772.82
Legal and Publications
32,881.79
Other General Government
Personnel benefits
$ 43,551.68
Printing
379.34
Insurance
70,858.41
Utilities
3,034.68
Building and repairs
4,177.51
122,001.62
Law Enforcement and Protection
Salaries
118,556.93
Records and supplies
9,705.86
Care and custody of prisoners
3,848.00
Communications
5,838.96
Repair and maintenance
21,327.09
159,276.84
Fire Control and Prevention
Salaries
30,228.00
Alarm and communication
1,662.07
Auxiliary service
5,796.38
Equipment and building maintenance
23,143.20
60,829.65
Building Inspection
15,513.07
17
CITY OF CHUBBUCK, Bannock County, Idaho
Detail of Expenditures
For the Fiscal Year Ended September 30, 1979
General Fund (Continued)
General Government (continued)
Physical Environment and Transportation
Highways, Streets and Roads
Salaries
Construction
Maintenance
Snow and ice removal
Lighting
Equipment and equipment repairs
Engineering
Parks
Salary
Construction
Maintenance
Health and Welfare
Other Government Purposes
Total General Fund
Waterworks Fund
Administration
Salaries
Office supplies
supply - pump and maintenance
Pumping - power and utilities
Water Line Transmission and Distribution
Improvements
Repairs
Connections
Customer Account Refunds
Personnel Benefits
Equipment, Equipment Repairs
Bond Principal and Interest Transfer
Reserve fund transfer
$ 63,993.12 $
35,719.85
13,782.51
737.20
18,336.94
32,865.67 165,435.29
13,485.89
24,187.99
31,829.14
10,869.17 66,886.30
1,000.00
3,174.86
$ 668,735.37
$ 34,026.24
2,206.30 $ 36,232.54
13,581.23
11,644.21
12,929.77
8,003.15
16,497.72
37,430.64
310.05
13,212.30
16,265.53
19,404.00
6,800.00
CITY OF CHUBBUCK, Bannock County, Idaho
Detail of Expenditures
For the Fiscal Year Ended September 30, 1979
Waterworks Fund (Continued)
Sanitation
Salaries $ 29,943.99
Supplies 1,757.14
Personnel benefits 10,784.00
Equipment expense 21,740.57
Landfill 2,400.00
Total Waterworks Fund
Salaries $ 32,341.93
Administration supplies 1,999.92
Treatment 33,621.67
Personnel benefits 10,908.00
Utilities 1,815.50
Equipment, repair and maintenance 22,864.07
Bond principal and interest transfer 67,900.20
Customer account refunds 30.00
Total Sewer Fund
Local Improvement District No. 1
Paving, curbs and gutter
Engineering
Advertising - legal
Legal and bond counsel
City reimbursement for costs
Interim financial interest
77,525.70
10,078.34
232.84
4,704.00
444.66
5,514.46
Total Local Improvement District No. 1
19
61
66,625.70
$ 221,506.20
$ 171,481.29
$ 98,500.00
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20
CITY OF CHUBBUCK, Bannock County, Idaho
Summary of Federal Revenue Sharing
Receipts and Expenditures
21
Receipts
Expenditures
Balance
1972
calendar year
$
13,436.00
$ 13,436.00
1973
calendar year
$
36,500.00
$
Interest on investments
1,204.16
Sanitation
10,000.00
Waterline transmission
10,000.00
City building and land
10,000.00
Total
$
37,704,16
$
30,000.00
21,140.16
1974
calendar year
$
31,442.00
$
interest on investments
790.48
Fire station land and truck payment
10,000.00
City building improvement
18,000.00
Waterline transmission
10,000.00
Sanitation
5,000.00
Total
$
32,232.48
$
43,000.00
10,372.64
1975
calendar year
$
36,973.00
$
Interest on investments
117.88
City building improvement
7,567.13
Fire station construction and
truck payment
16,148.72
Parks recreation equipment
3,000.00
Health and welfare
4,755.00
Waterline transmission
12,000.00
Total
$
37,090.88
$
43,470.85
3,992.67
1976
calendar year
$
42,611.00
$
Legal services
5,000.00
Health and welfare
6,608.00
Law enforcement
5,455.82
Parks recreation construction
9,000.00
Fire truck payment
10,061.85
Hiway construction
10,000.00
Total
$
42,611.00
$
46,125.67
478.00
1977
nine month fiscal year
$
28,745.00
$
Health and welfare
478.00
waterline transmission
12,161.01
Fire truck payment
9,574.99
Total
$
28,745.00
$
22,214.00
7,009.00
21
CITY OF CHUBBUCK, Bannock County, Idaho
Summary of Federal Revenue Sharing
Receipts and Expenditures (Continued)
Receipts Expenditures
Fiscal year ended September 30, 1978 $ 38,432.00 $
Law enforcement equipment 7,500.00
Fire truck payment 1,588.13
Health and welfare 1,031.00
Waterline transmission 12,000.00
Sanitation salaries 11,515.87
Total $ 38,432.00 $ 33,635.00
Fiscal year ended September 30, 1979
Waterline transmission
Sanitation salaries
Total
$ 44,385.00 $
10,000.00
10,000.00
$ 44,385.00 $ 20,000.00
22
Balance
$ 11,806.00
$ 36,191.00
CITY OF CHUBBUCK, Bannock County, Idaho
Supplemental Information for Water Revenue Bond Ordinance
As of September 30, 1979
(1) Schedule of water users
Single family units
1,263
Trailers
515
Duplexes
37
Threeplexes
3
Fourplexes
39
Sixplexes
1
Sixteenplexes
4
Apartments
107
Sleeping rooms
223
Motel
3
Trailer parks
10
Schools
1
Churches
4
Library
1
Commercial
72
Water is billed on the following basis:
On first 5,000 gallons - minimum $4.00
Over 5,000 gallons - 30� per gallon -
(2) Reserve fund to have $1,700 quarterly
starting January 1, 1977
Required 11 x $1,700
$
18,700.00
Assets at September 30, 1979
20,031.74
Excess assets over requirement
($
1,331.74)
(3) Bond Interest and Retirement Fund
Required - Interest 1/6 of $7,056.25
$
1,176.04
- Principal 1/12 of amount due
833.33
Total Required
$
2,009.37
Net Assets at September 30, 1979
5,318.46
Amount (over) requirement
($
3,309.09)
(4) Net Revenues to be 125% of Principal, Interest,
and Reserve Requirement
Gross revenues $ 197,866.90
Less operating expenses 128,676.50
Net revenues $ 69,190.40
Principal and interest requirement for
the fiscal year $ 19,400.00
125% thereof $ 24,250.00
Reserve requirement 6,800.00
Total required 31,050.00
Excess over requirement
23
$ 38,140.40
CITY OF CHUBBUCK, Bannock County, Idaho
Supplemental Information for Sewer Revenue Bond Ordinance
As of September 30, 1979
(1) Schedule of sewer rates charges
In City
Per Month
Single family residence
$ 8.00
Duplex residential unit - per unit
6.50
Apartment building - per apartment
6.50
Motels - per unit
2.00
Trailers in trailer parks
6.50
Trailers on individual lots
8.00
Motels with cooking units - per unit
8.00
Hotels and rooming houses - per unit
2.00
Churches
8.00
Commercial businesses and schools
8.00
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 1400 of Combined Average Annual Principal
and Interest Requirement
Gross revenues $ 232,376.22
Less operating expenses 103,581.09
Net revenues $ 128,795.13
Average principal and interest
$ 67,203.03
140% thereof $ 94,084.24
Excess Net Revenue over Amount Required $ 34,710.89
(3) Reserve fund to have $1,402.50 deposited per month until a maximum
of $67,320.00 is reached.
Maximum Required $ 67,320.00
Assets at September 30, 1979 77,542.93
Amount (over) requirement ($ 10,222.93)
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