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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 I' r [ 10, L m r Q� r--1 0 - C) rd ro H 1-i a a1 a � a � U 7 0 U C a W ca � ro a a x x >i • H to x •� o w w rL a o 4 N 4-1 u CD S4 I -i R, 0 U O w rn r -I m rn o rn Ln ra M -4 Ln Ln d' N ri M pl N N I n r m 1D O tr dy M m O -i 7C u r I M b � - Ea� N� M N dr r --t N Ln r•i OQ r-, •ri a r i M - I'D Ln m o rn CD ra'rno Ln M Ln c n, m Uy N N I n U w -�J, rI d rn C a Pl Ln l0 d' Lr) ro _ r C N r I . i E� Ol 61 M M (t a ri r I N [, ur yr CL (" 1 d' CO Ln O a N Ln r -I O O M O O Ln rn r -I m rn o rn Ln ra M -4 Ln Ln d' N ri M pl N N I n r m 1D O tr dy M m O -i 7C u r I M b � - Ea� N� M N dr r --t N Ln r•i OQ r-, •ri a r i M - m m co n m ro ro �,o to Ln %,o Ln (1) a Ln c n, m r -i P n m N H 4 r -A W w r 1 0) Q) u ::5 cr rl Ln Gy C N r I a r -I N U M M [, ur yr (" 1 d' CO Ln O U7 N Ln r -I O O M O O Ln O to m O •r-1 (n �-o 61 m Ln x s� o N o Ln Ed U m 1:31a M N N fl r n' fA •ri N M a M � tT Q O X 34ro M a -L rn Ln E--1 C N N U � � M M rn r -I m rn o rn Ln ra M -4 Ln Ln d' N ri M pl N N I n r m 1D O tr dy M m O -i 7C u r I M b � - Ea� N� M N dr r --t N Ln r•i OQ r-, •ri a r i M - o r r r- 3 Ln c n, m [ij ro M O M o a �-o r t- ri Gy C N r I a r -I N U M M rn r -I m rn o rn Ln ra M -4 Ln Ln d' N ri M pl N N I n r m 1D O tr dy M m O -i 7C u r I M b � - Ea� N� M N dr r --t N Ln r•i OQ r-, •ri a r i M - O 'd' � N O o a �-o r t- ri r -�v r� co 110 M O O Ln Q) C ob r U» m 1:31a M fA •ri N M Ri -Q n - M a -L rn Ln r -I 61 lD N 61 Ln - - � rn ri CO r a m ih r r rn O a -L O M M ro a u a u a -P41 a m 7 •n a 4�J b 04 raI ro co C rq .0 r� a ro 0 a s r, a a 4-3 4-3 •r, a rx �p U co v rd M U 4-+ a r -I U .0 lc� 1r4r-I a u 1-4 0 � O U x x 0 0 u a ro v H H m s~ U U to Ln U G u w n +o Ln a a s ra co r ra r n n 1` x ri x O x x x r I r r a rnrnrnrn m ro I a rt m M p p a'm r -I r -I ,71 -1 r i ri ri E-{ W E Q H W 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 A' 1' 20 CD o Q o o 0 a o o P 0 o 0 o a o 0 w N d N N N N rI Ln Ill O rn co r Q, M Ln N 0 a L1 l0 N � C1L � crr a � oP 0 o m o p 0 P 0 Ln 0 P O O 0 O L9 �` m Lf I'Dr L.(1 r m O N (� •�I M m ko m N 4J M r N E I S,4 O M N P4 N O C) CD m n m CD coca m O O I m CO (� 4-J rl Ln r m 41 41 w N N N ri W a > co m m rn rn rn I -a, a C) 4j I H k Ln I [� k co I N r-I m rl 6l I I I 44 44 ! r I l0 I N I al I r- [ rl l4 -i co W OP[700 0 0 0_ c7 Q 00 0 0 o O a O O O O O O d O Ln P 0 0 'nQ n o 00000 0 0 0 o (N M r m O N O O O Ln Ln N 0 0 0 0 rl m M O O M (" 1 m M L'-I �4 P . •'1 O o w -1 >1 x x 4-) "r-L w a w a 4-4 w J-1 4J U) rl ri H O +J •H ri U I U m to a U) G r€ .Q ra Y C �C I "N 'a a C C F -} ,q •ri rn O O ri a rn U zn •,1 � O 41 U -�� 4a rn W 0.l U a w C f2 z w [n -14 0 t-4 O O ri a H Q ra 4 O O O Ln ri a O rl >, >1 .71 4-3 4-3 W • ri Q rl ° Q U O 44 a -r"r 4P -0 a -P r I �I C) ra F4 a R5 (0 S4 R, O� a Q O U° r') w ° a a a w ri (a ro a a s Q w 7 H q .°V ° w U? u] w b w ra 3 Q4 ri 04 W W � � 0 P4 w w w a r w w z c°� OQ Q a 4-j F� fo a v m F-A r U w U U a w $4 H F�� a a` Q O 4 a u a ro O U U ra Q7 M O ra >1 71 O w a 7 rl S.. ri w � 4J U C.1 ,, 3 ra ro :5 a a .4 a w c [1] O c w w 04 x H s s H U] V] O a H •� '-I Q ra ° U ri a ri a to r U H ca Uk c a c w G w O wfo hCi a a a O sR5fd4 W •a Ui W � r: w G 4 Ul 0 u 0 u ° F-iQ r3 [a x � ° w U�1 H a w c tz x U �' w co N a m C M N M rn N c U a ri o o0 m lfl N Ln 0) Ln M N O N 40 N Mm m rI Ol M l4 01% rl >1 w 730 rl I; :3 O M Ln O k.0N D N ri Ln ri dT N �P m E-L N I4 z 'Y' m m Ln M Cal N N H G Cir P+ CL-L O , U H U U U 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) 24 g�' 1� 1 1111 1 WW1 1 z i 1 1 re i 6 �I- N 1� K "