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HomeMy WebLinkAbout1965-1966' � _ - _ I`I` _ � - - - _ ::.. � �, 3' - _ _ - _ _ I . June 29, 1967 Board of Trustees City of Chubbuck Chubbuck, Idaho Gentlemen: We respectfully submit herewith the report of our audit of the financial books and records of the City of Chubbuck, Bannock County, Idaho, for the period January 1, 1965 to December 31, 19lib, This audit and report were made in conformity with the specifications adopted by the State Bureau of Public Accounts at November 1, 1956, and subsequent amendments thereto. Included elsewhere herein are a group of exhibits and schedules which are presented subject to any comments which may be contained in this report. We have reviewed the accounting procedures of the city and, without making in all cases a detailed audit of the transactions, have ex- amined or tested accounting records of the city and other supporting evidence, by methods and to the extent we deemed appropriate. Our examination was made in accordance with generally accepted auditing standards applicable in the circumstances and included all procedures which we considered necessary. In our opinion, the accompanying balance sheet and related statement of receipts and disbursements, together with supplementary schedules in support and explanation thereof, present, fairly the position of the City of Chubbuck at December 31, 1966, and the results of the operations for the period then ended, in conformity with generally accepted accounting principles,. Respectfully submitted, G9 Dale D. Jones Certified Public Accountant 9 C O M M E N T S Statement of Assets and Liabilities at December 31. 1966 EXHIBIT A We submit herewith a statement of assets and liabilities showing the financial condition of the City of C hubbuck at December 31, 1966. The assets consist of cash in the bank, unremitted and unpaid taxes, prepaid insurance, water assessments receivable, and fixed assets, The liabilities consist of bonds and contract payable, water deposits, and personal taxes collected in advance. Bonds outstanding are explained in Schedule 2. Computations for fixed assets and prepaid insurance are shown in detail in Schedules 1 and 4. Water assessments receivable are compared with assessments and collections in Schedule 3. Reconciliations of surplus are shown in Exhibits A-1 and A-2. Statement ofCash Receipts and Disbursements EXHIBIT B, B-1 and B-2 These statements account for all receipts and disbursements for the two year period for all funds. Expense Budget Com arison EXHIBIT C and C-1 These statements show appropriations and expenditures in detail for each year. Summary of Countv Collections EXHIBIT D This exhibit reflects the transactions between the City of Chubbuck and Bannock County with respect to taxes and other revenue reaching the village through the county. Summary of Operations in Taxes Receivable EXHIBIT D-1 These exhibits show the total beginning unpaid taxes and tax charges by years and balances them against collections, cancellations and unpaid taxes at December 31, 1966. .3 . GENEW, COMMFNTS All cash received from Bannock County for the period January 1, 1965 to December 31, 1966, was traced from the remittance sheets on file at the Bannock County Court House to their deposit in the bank account of the City of Chubbuck. All direct receipts from the State of Idaho appeared to be properly deposited. All licenses, police fines, and other receipts appeared to be properly deposited. Checks, warrants and claims were examined in detail. Copies of fine receipts issued by the police judge were checked and found to agree with amounts turned in to the general fund. Delinquent water accounts averaged over $1,500.00 for the period. Legal action needs to be taken on several accounts and a consistant policy on water shut -offs on delinquent accounts should be set up and followed. Water should then not be turned on until the bill is paid. A control account was used for the water accounts as recommended in a prior audit. All individual accounts were balanced each month with the control account. An accounting machine should be used for billing and record keeping of water accounts. All warrants (checks) were properly made out and processed in a check - writer as recommended in a prior audit. Controls should be established for plumbing and connection materials. Complaint forms used by the police judge are merely loose sheets at the present. A bounO "Docket Book" should be obtained and the use of these loose sheets discontinued. A high percentage of voucher claim fortes were not properly signed by a City representative. This should be corrected at once to comply with state taw, There were no unpaid claims on December 31, 1966. The accounting records and other information on file for the city were exceptionally well -handled and accurate. V; MD 1 -.4 E4-4 0 0 c o U cn r mQcoOeaN tiOD Q00t-t- -ON p 0 eq rrd'C7 t!3 Odd' N O d m o Ot S --V 4 't7 pp r o r^ r 9,3 M to N eV d� 00 d' Nrr-� C*�inoromNmroD d' O 0 trsu�c� 00 -4 t- O rao d+ r asc N o Co m4 rr C> d' m d' r doQ —4 E N N r --� e9 2 t- d' rl r r4 r -d C7 t!? QO Id19 r COi d y$4Le Ck �p ow O � •• V� O R �' d7 m O Dd 00 O O r r+ d kf m C ro k +� y, 4) c a o .a m .� m dmr r♦ ,Q k rd row N r CO w R. 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CITY OF CEMBUCK, Bannock County, Idaho EXHIBIT A-1 Reconciliation of Surplus Period January 1, 1965 to December 31,_1966 General Fund Surplus January 1, 1965 per prior audit $39,407.09 Increase in taxes receivable $3,035.06 Increase in prepaid insurance 152.54 Decrease in personal taxes collected in adv, 344.28 Excess of receipts over disbursements -1966 3,283.22 6,815.10 $46,222.19 Less: Excess of disbursements over receipts -1965 $ 713,48 Allocations to bond sinking fund 3,300.00 4,013.48 Surplus, December 31, 1966 $42,208.71_ Waterworks Fund Surplus January 1, 1965 per prior audit 4,557.01 Increase in water assessments receivable $ 572.09 Excess of receipts over disbursements -1966 4,144,69 _ 4,716.78 Total 9,273,79 Less. Excess of disbursements over receipts -1965 $ 623.31 Increase in water deposits payable 8M25 1,439.56 Surplus, December 31, 1966 $ 7,834,23 Note: For simplification of the above statements, repayment of $4,000.00 on loans for 1965 and 1966 was eliminated from waterworks fund disbusements and general fund receipts. EXHIBIT A--2 CITY OF CHIMMCK�Banno_c_k County, Idaho Reconciliation of Surplus Period January 1, 1965 to December 31:„1966 Well No. 2 Fund Surplus, January 1, 1965 per prior audit 18,718x49 Excess of cash received over disbursements -1965 $3,565,05 Excess of cash received over disbursements -166 4,104.08 Decrease in bonds payable 4:000.00 11,669.13 Surplus, December 31, 1966 Property Fund Surplus, January 1, 1965 per prior audit Additions to City property - 1965 Additions to City property - 1966 Decrease in bonds payable Decrease in contract payable Surplus, December 31, 1966 $30,388.62 $100,924.99 $12,326.83 8,942.20 8,000.00 391.87 29,660,90 $130,585.89 6. CITY OF CHUBBUCK, Bannock County, Idaho Statement of Cash Receipts and Disbursements Period January 1 1965 to December 31 1966 GENERAL FUND _Description Cash to Begin Receipts: Bannock County(Exhibit D) Highway Users Revenue (Received direct from State) Police Fines Building permit Liquor Refund (State) County R@gional Planning (refund) Licenses and permits Jr. College Tuition fund Sale of Slag and gravel Reimbursement for supplies Equipment Rent Interest Boat storage Franchise tax Plant mix Reimbursements Received (Salaries from water fund) Repayment of loan from water fund Total Cash receipts Total Cash Available 7. EXHIBIT B 1965 1966 Total $9,338.06 $10,624.58 $ 9,338,06 27,120.29 27,962 14 55,082043 8,130.43 9,116.20 17,246.63 1,713.50 1,152,00 2,865.50 10.00 10.00 5,008.98 6,327.49 11,336.47 51.10 51.10 2,145.62 2,675.98 4,821.60 329.23 329.23 222.50 19.00 241.50 21.85 22.50 44.35 264.00 75.00 339.00 238.59 110.05 348.64 27.00 27.00 737.12 913.74 1,650.86 227.00 227,00 1,400.00 1,400.00 2,800.00 2,000.00 2,000.00 4,000.00 $49,028.38 $ 52,391043 $101,421.31 $58,367,94 $ 63,016,01 $110,759.37 Exhibit B , Continued page 8 9M CITY OF CBJBWCS Bannock CountY, Idaho =11BIT B Continued) Statement of Cash Recei is and Disbursements Period January 1 1965 to Decembsr 31 1966 GENERAL HIND Disbursements Administration 255.15 198,40 $ 453.55 Salaries 12,024.00 12,324.00 24,348.00 Payroll taxes 619.20 1,012.18 1,631.38 Office supplies 957.36 259.99 1,217.35 Telephone 358.35 306.16 664.51 Lights 292.40 253.60 546.00 Fuel 334.51 228,14 562.65 Water 546.00 594.00 1,140.00 Attorneys Fee 1,935,10 2,109.85 4,044.95 Street lights 1,905.42 2,332.68 4,238.10 Dog tags 18.97 18.97 Insurance 839,74 1,321.58 2,161.32 Fire Department 62.07 3,999.57 4,061.64 Streets & Repairs 18,554.93 9,377.84 279932.77 Police operating expenses 2,208,82 4,555.46 6,762.28 Prisoners board 194.50 528.00 722.50 Park Department 201.50 997.13 1,198.63 Quonset taxes 214.80 213.58 428.38 Destroy dogs 59.00 123.00 182.00 Well #2 Fund 6,182.51 82354,08 12,536,59 Total Disbursements 47,743.36 47,108.21_ 94,851.57 Cash at end of year 410,624.58 $15,907.80 115,907.80 9e CITY OF CHUBBUCK , Bannock County, Idaho Statement of Cash Receipts and Disbursements EXHIBIT B-1 Period January 1, 1965 to December 31, 1966. WATERKOIRKS FUND Description Year 1965 Year 1966 Total Cash to begin Receipts: Rentals Deposits Hook up Sanitation Total Cash Receipts Total Cash Available Disbursements: Salaries Bonds redeemed Briscoe contract payment Bond interest Utilities Sanitation Repairs Connection materials Improvements Office supplies Transfers to general fund - (salaries) Refunds of deposits Repayment of loans Insurance Miscellaneous Engineering for sewer system Repayment of loan - geer l Yun� Total Disbursements Cash at end of year 8 9,660.01 $ 7,036.70 $ 9,660,01 22,621.64 23,089.46 452711.10 350,00 515,00 865,00 1,933.00 1,920.00 3,853,00 _7,951050 8,170,75 16,122.25 $32,856.14 $33,695,21 $66,.551.35 $42,516015 $40,731,91 $769211.36 $ 2,030.99 4,000000 255000 1,400,00 3,361.57 6,618.35 1,142,23 2,050.28 9,029.83 483,05 $ 2,328.29 4,000,00 255.00 1,240.00 3,928.39 6,893.05 1,906.55 2,736°07 4,400,80 283.38 $ 4,359,28 8,000,00 510.00 2,640.00 7,289.96 13,511.40 3,048.78 4,786,35 13,430,63 766,43 1,400.00 1,400,00 2,800,00 13.00 35.75 48.75 1,040,23 1,040,23 170074 133.24 303,98 5,18 1000 15J8 479,00 479,00 2,()00.00 2,000.00 4,000.00 035,479.45 $31,550052 $67,029,97 $ 7,036,70 $ 9,181,39 1 9,181.39 10. CITY OF CHIJBBUCK Bannock County, Idaho Statement of Cash Receipts and Disbursements EXHIBIT B-2 Well No. 2 Fund Descri tion Year 1965 Year 1966 Total Boyd interest 922.50 832.50 1,755.00 Cash to Begin 8,077.02 $11,642.07 $ 8,077.02 Cash received: Tax allocations from general fund 6,182,51 6,354.08 12,536.59 Interest income-U.5.Treas. 305.04 582.50 887.54 Total Cash Available Disbursements: $140564.57 $18,578.65 $21,501.15 Bond principal $2,000.00 $2,000.00 $4,000.00 Boyd interest 922.50 832.50 1,755.00 U.S. Treasury bonds 14,616.17 14,616.17 Total Disbursements $2,922.50 $17,448.67 120,371.17 Cash at end of year 011,642.07 $ 1,129.98 __ 1 1,129,98 11. CITY OF CHUBBUCK, Bannock County. Idaho Statement of Cash Recei is and Disbursements E)(#IBIT B-3 Period January 1 1965 to December 31 1966 Volunteer Fire De t, Fund Year 1965 Year 1966 Total Cash to begin $ 185.51 $ 219.46 $ 185.51 Crib received: 209,75 Snare River Mutual 89.75 120.00 50.00 50,00 Harry Hart Total Cash Available 275,26 8389.46 445.26 Disbursements: Meeting expense 85.80 77.92 9 133.7.2 Cash at end of year $ 219.48 311 54 $ 311.54 Statement of Cash Receipts and Disbursements M#IBIT B-4 Period January 1, 1965 to December 31, 1966 Park Fund Year 1965 Year 1966 Total Cash to begin $ 199.30 $ 199.30 $ 199.30 Cash received None None ash disbursed None None Cash at end of year $ 199.30 $ 199.30 $ 199.30 CITY OF CHUBBUCK, Bannock County__,_ Idaho Expense Budget Comparison _for _1965 GENERAL FUND Administration: Administration Salaries Office Supplies Phone Lights Fuel Water Attorney Fees Legal advertising Street Lights Park Dept. Insurance Fire Department Streets -wages Contracts payable Contracts payable Contracts payable Street Repairs Contingent Police Department Salaries Appropriation Expenditure - ID.B.& T. -G.K.Machine -F.M.Lacy Police Judge Police car rental Radio Repair Gas and oil Prisoners Board $ 500.00 1,800.00 1,100.00 400.00 300.00 500.00 550.00 1,800.00 1,500,00 2,500.00 2,000.00 800.00 5,430.00 4,800.00 1,598.08 3,907.92 3,404.40 5,000.00 8,42568 9,600.00 600.00 1,147.20 300.00 720.00 800.00 255.15 1,800.00 957.36 358.35 292.40 334.51 546.00 1,800.00 135.10 1,905.42 201.50 839.74 62.07 2,325.00 1,598.08 3,907.92 3,404.40 7,319.53 7,075.51 9,600.00 600.00 1,164.36 440.50 625.96 194.50 12. EXHIBIT C Over/Under $ 244.85 -0- 142.64 41.65 7.60 165.49 4.00 -0- 1,364,90 594.58 1,798.50 ( 39.74) 5,367.93 2,475.00 -0- -0- -0- (2,319.53) 1,350.17 -0- -0- 17.16 140.50 94.04 605.50 Total General Fund $59,483.28 _____ $47,743.36 $11,739.92 CITY OF UIUBBUCK, Bannock County, Idaho Expense Budget Comparison for 1965 (Continued) Waterworks Fund Bond and Interest Bond Sinking Fund Utilities Office Supplies Sanitation Repairs Connection materials Improvements Salaries Plumbers Reimbursement for salaries Loan — General Fund Contingent Totals Well No. 2 Fund Appropriation 5,655.00 1,750.00 4,000.00 350.00 6,500.00 2,500.00 3,000.00 3,000,00 2,200.00 720.00 1,400,00 2,000.00 7,125.00 Expenditure 5,655.00 .00 3,361.57 483.05 6,618.35 1,142.23 2,050.28 9,029.83 2,030.99 .00 1,400.00 2,000.00 1,708.15 13. E 11BIT C (Continued) Over/Under .00 1,750.00 638.43 133.05) 118.35} 1,357.77 949.72 (6,029.83) 169.01 720.00 .00 .00 5,416.85 $40,200,00 $35,479.45 $4,720.55 Bonds and Interest $2,922.50 $2,922.50 $ .00 14. CITY OF CMMBUCK Bannock County, Idaho EXIIIBIT C-1 Expense Budget Com arison for 1966 Administration: ApRroRriation Expenditure Over Under Salaries $ 3,100.00 2,267.50 832.50 Office Supplies 500.00 190.89 309.11 Civil Defense 100.00 100,00 .00 150.00 Election Supplies 150.00 400,00 .00 306.16 93.84 Phone Lights 350.00 253.60 96.40 Water 620,00 594.00, 26.00 Fuel 500.00 228.14 271.86 Attorney -legal 1,800.00 1,800.00 �00 Legal advertising 1,000,00 309.85 690.15 Legal Building permits 750 00 ,00 2,332.68 750000 367.32 Street Lights 21700.00 1,000.00 1,321 58 (321.58 Insurance Fire Department 10,000,00 3,999,57 6,000 43 Park 1,000.00 997.13 2.87 Street - wages 3,600,00 1,575.00 2,025.00 Contracts payable-F.M,Lacy 3,404.40 3,404.40 .00 Street Repairs 10,000x00 4,209.63 5,790.37 Contingent 13,548.69 7,910.62 5,638.07 Police Dept. Police Salaries 9,600.00 9,624.00 ( 24,00} Police Judge 600.00 600.00 .00 Gas and oil 720.00 1,058.27 ( 338.27 Police car rental 1,177.38 2,790.84 1,613.46 Radio repairs OWN 706.35 106.35 Prisoners Board 500.00 528.00 28,00 Totals General Fund $67,720,47 $47_,108.21 .20,612,26 15. CITY OF CHUB UGh, Bannock County_, Idaho IIHIBIT C- on nue Ex ease Budget Comparison for 1966 WATERWORKS TIN D Appropriation Expenditure Over/Under Bonds and Interest 5,495.00 $ 5,495.00 $ .00 Bond Sinking Fund 1,550.00 .00 1,550.00 Utilities 4,000.00 3,923.39 71.61 Reimbursement for salaries & loan 3,400.00 3,400.00 .00 Sanitation 7,200.00 6,1393.05 306.95 Repairs 3,000.00 1,906.55 1,093.45 Connection materials 3,000.00 2,736.07 263.93 Survey for shutoff 1,20W OO .00 1,200.00 Improvements 7,000.00 4,400.SO 2,599.20 Salaries 2,100.00 1,1314.04 285.96 Shut-off man 600.00 514.25 85.75 Office supplies 500.00 283.38 216,62 Contingent 3,455 00 178.99 3,276.01 Totals $42,500.00 $31,550.52 $10,_949.48 Well No. 2 Fund Bonds and interest $ 2,832 50 2 332.50. .00 w CITY OF CHUBBUCK, Bannock County, Idaho EXHIBIT D Summary of Bannock County Collections and Remittances Period January 1, 1965 to December 31, 1966 _ Year 1965 Year 1966 Total Unremitted collections to begin $19,062.43 $20,842.34 $19,062.43 Collections by Count 1962 Taxes - Real 354.14 18.75 372.89 1962 Taxes - Personal 24,02 24.02 1963 Taxes - Real 690.11 95.38 785.49 1964 taxes - Real 8,658.68 345.00 9,003.68 1964 Taxes - Personal 288.29 288.29 1965 Taxes - Real 16,483.97 8,507.66 24,991.63 1965 Taxes - Personal 1,130e25 235.03 " 1,365.28 1966 Taxes - Personal 641,84 1,492.48 2,134.32 1966 Taxes - Real 17,864.82 17,864.82 1967 Taxes - Personal 672.23 672.23 Penalty on delinquent taxes 52,59 22.13 74.72 Interest on delinquent taxes 208,97 99.02 307,99 State liquor apportionment 2,722.34 1,754.10 4,476.44 Road and bridge apportionment 3,740.51 2,798.98 6,539.49 Junior College tuition transfer 329.23 329.23 Total Accountability $54,058.14 $55,077.15 $88,292.95 4% Collection fee to county $ 428.00 $ 441.84 $ 869.84 Net remittance by county 32,787.80 33,337.75 66,125.55 Unremitted collections to close 20,842.34 21,297°56 21,297.56 Total Accounted For $54,058.14 5,077.15 $88,292.95 PW O r o � ccq ko r-« I C4 ao 00 0 r a0 o� o d� O E a o C) 0 4 co O .a H U Go O ccq o r-« I 00 00 C"7 � 1 O C N! OI I C 1 17. EXHIBIT D-1 CITY OF CMJBBUCK, Bannock County, Idaho 18. SCHEDULE 1 Summary of Fixed Assets - Years 1965 and 1966 January 1, Additions Additions December 31, Descri tion 1965 1965 1966 1966 City water system $101,927.01 $ 9,029.83 $ 4,400.80 $115,357.64 Buildings and land 18,905.07 18,905.07 Furniture & Fixtures 707.34 707.34 Equipment 9,672.29 2,397,00 12,069.29 Street improvements 6,415.67 3,297.00 _ 2,144.40 11,856.97 Totals $137,027.28 $12,326.83 $8,942.20 $158,8.96.31 19. CITY OF CHUBBUCK, Bannock County,_Idaho Schedule of Bonds Outstandina at December 31 1966 SCHEDULE 2 Revenue General Bonds Obligations Well #2 Property Number Bonds No, Due Date Interest Fund Fund Total 87-94 July 1, 1967 4% 4,000.00 $6 4,000.00 28-31 Nov. 1, 1967 42'-% 2,000.00 2,000.00 95-102 Jbly 1, 1968 4% 4,000.00 4,000.00 32-35 Nov. 1, 1968 42-% 2,000.00 2,000.00 103-110 July 1, 1969 4% 4,000.00 4,000.00 36-40 Nov. 1, 1969 42-% 2,500.00 2,500,00 111-120 July 1, 1970 4% 5,000.00 5,000.00 41-45 Nov. 1, 1970 4421% 2,500.00 2,500.00 121-130 July 1, 1971 4 % 5,000.00 5,000.00 46-50 Nov. 1, 1971 4 2,500.00 2,500.00 131-140 July 1, 1972 4,% 5,000.00 5,000400 55-55 Nov. 1, 1972 4j% 2,500.00 2,500.00 55-60 Nov. 1, 1973 42% 2,500.00 2,500.00 Total Bonds Outstanding at Dec. 31, 1966 $16,500.00 $27,000.00 $43,500.00 20. CITY OF CRUBBUCK,Bannock County Idaho Waterworks Fund Assessments and Collections Period January 1, 1965 to December 31, 1966 SCIIEDnE 3 1965 Assessments Collections Balance January 1 balance $ $ $5,669.20 January 2,386.35 2,670,30 5,385.25 February 2,521.20 2,635.80 5,270.65 March 2,436.05 2,456.75 5,249.95 April 2,729.00 2,604.85 5,374.10 May 2,519.75 2,531.00 5,362.85 June 2,482.85 2,255.15 5,590,55 July 3,106.49 2,882.25 5,814.79 August 2,810.25 3,317.19 5,307.85 September 2,816005 2,451.50 5,672.40 October 2,862.70 2,990,20 5,544090 November 3,227065 3,011,85 5,760.70 December 2,593,80 3,049.30 5,305.20 Totals for Year 1965 $32,492.14 $32,856.14 , 305.20 1966 January 1 balance $ $ $5,305.20 January 2,717.00 2,475.10 5,547.10 February 2,694.00 2,422.10 5,819.00 March 2,727.75 2,609.85 5,936.90 April 2,852.75 3,291.50 5,498.14 May 2,658.80 2,749.00 5,407.95 June 3,164.10 3,137.50 5,434.55 July 3,473.50 3,260.96 5,647.09 August 2,718.00 2,672.75 5,692.34 September 3,123.50 3,047.25 5,768.59 October 2,658.80 2,657.25 5,770.14 November 2,869.00 2,783.80 5,855.34 December 2,974,10 2,588.15 6,241.29 Totals for year 1966 $341631.30 $33,695.21 $ 6,241.29 21. a o 0 0 o o to kO O O SCHEDULE 4 o o o O ko N R-- kocu o w I � Ra F+ N 0 c'J .N-� N CID O OD C O O •N cl cC �D h cD co cG c0 co c0 cl y O ka O h h h co Lo 0 0 co cp to co to ep eD cD c0 cp I vcc CH �• N --� I I I I I l CH h h h O r r ac i3 qt O 0 kO o O O O tV ►Q P4 4w coo 0 0 0$4 coo 0 0 coo 0 0 a 0coo ,•� 0 0 000 0 0 000 a o 0 coo 0 0 �V 0 N ooC13 -4 .� z to bO a bt W U GQ •� ? 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