HomeMy WebLinkAbout1984 CAFR1
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ANNUAL FINANCIAL
REPORT
y
OF THE
CITY OF
COLUMBIA HEIGHTS, MINNESOTA 55421
590 FORTIETH AVENUE N.E.
FOR THE YEAR ENDING
DECEMBER 31, 1984
FINANCE DEPARTMENT
WILLIAM ELRITE, FINANCE DIRECTOR
MEMBER OF MUNICIPAL FINANCE OFFICERS' ASSOCIATION
OF THE UNITED STATES AND CANADA
f, ,
telephone: 788 -9221 (612) r'
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ANNUAL FINANCIAL REPORT
YEAR ENDED DECEMBER 319 1984
0
CITY COUNCIL
Bruce G. Nawroeki, Mayor
Arden Hovland Councilmember
Rita.M. Petkoff Councilmember
Gary L. Peterson Councilmember
Edward M. Carlson Councilmember
CITY MANAGER
Robert S. Boewinski
FINANCE DEPARTMENT
William Elrite. Director
.
DEPARTMENTS DIVISIONS
Civi Defense
Regular
Reserves
Regular
Volunteers POLICE
Reserves
Accounting
City Clerk
Elections
Utility Billing
Collections
Liquor
No. 1 Off Sale
No. 2 Off Sale
No. 3 Off Sale
FINANCE
FIRE
inspections
t INDEPENDENT
tjctnses S Permits
ADMINISTRATIV
tanning
SERVICES
Assessing
PUBLIC
Engineering
WORKS
Streets
Recreation t Community
Water Maintenance
Services
Sewer Maintenance
Park
Parks - Admin. b
Traffic
Maintenance
LIBRARY
Central Garage
Library
Civii Defense
Human Services
GENERAL
GOVERNMENT
BUILDINGS
".
LEGAL
I
'CITY OF tOIUMBIA NEIGNTS, MINNESOTA
CITY
MANAGER
ADMINISTRhT=
• ORGANIZATION.
CITY OF COLUMBIA
MEIGHT69 MINNESOTA
HOUSING AN
REDEVELOP-
MENT
AUTHORITY
MAYOR
COUNCIL
MEMBERS
if I
ELECTORS j I
RECREATION
t INDEPENDENT
COMMUNITY
SCHOOL DIS-
SERVICES
TRICT 113
COMMISSION
COMMISSIONS AND BOARDS
Planning and Zoning
Recreation t Community
Services
Park
Traffic
RECREATION i
MRA
COMMUNITY
Library
SERVICES
Human Services
Police t Fire Civil
Service
Charter
- Downtown Development
-1-
ANNUAL FINANCIAL REPORT
'
TABLE OF CONTENTS
1. INTRODUCTORY SECTION
Reference
Administrative Organization
Finance Directors Letter of Transmittal
'
Auitors Report
II. FINANCIAL SECTION
1
A. General Purpose Financial Statements
Combined Balance Sheet - All Fund Types and
'
Account Groups
Form A
Combined Statement of Revenues,.Expenditures,
and Changes in Fund Balances - All
Governmental Fund Types
Form A -1
Combined Statement of Revenues, Expenditures,
'
and Changes in Fund Balances - Budget and
Actual - General and Special Revenue Fund
'
Types
Form A -2
Combined Statement of Revenues,.Expenses, and
Changes in Retained Earnings - All
Proprietary Fund Types
Form A -3
Combined Statement of Changes in Financial
'
Position - All Proprietary Fund Types
Form A -4,
Combined Statement of Revenues, Expenditures,
and Changes in Fund Balances Governmental
'
Fund Types
Form A -5
Dotes to Financial Statements
B. Combining and Individual Fund and
s Account Group Statements and Schedules
'
General Fund
Form B
Special Revenue Funds
Form C
'
Debt Service Funds
Form D
Capital Projects Funds
Form E
Special Assessment Funds
Form F
' +
Housing A Redevelopment Authority
Form G
Page
Number
1
2 -8
9
10 -11
12 -13
14 -15
16 -17
18 -19
20
21 -32
33 -41
42 -51
52 -55
56 -59
60 -62
63 -67
1
Page,
Reference
Number
Enterprise Funds:
Combining.Balance Sheet
Form H
68 -69
Combining Statement of Revenues, Expenses,
and Changes in Retained Earnings
Form H -1
70 -71
Combining Statement of Changes in Financial
Position
Form H -2
72 -73
Municipal Liquor Fund
Form I
74 -83
Water Utility Fund
Form J
84 -89
Sewer Utility Fund
Form S
90 -95
Internal Service Fund:
Central Garage Fund
Form L
96 -99
Statement of General Fixed Assets
Form M
100
Statement of General long -Term Debt
From N
101 -103
III. STATISTICAL SECTION
Assessed Value and Market Value of all
Taxable Property
Table I
104 -105
Tax Rates
Table II
106
City Tax Rates
Table III
107
Tax Levies and Tax Collections
Table IV
108 -109
Special Assessment Collections
Table V
108 -109
Revenues -Other than Property Taxes
and Special Assessments
Table VI
110
Expenditures for Selected Functions
Table VII
110
Statement of Legal Debt Margin
Table VIII
111
Combining Schedule of Bonds Payable
Table I%
112 -117
Schedule of Investments
Table %
118
Schedule of Insurance in Force
Table %I
119 -120
Principal City Officials and Surety Bonds
Table %II
121
Miscellaneous Statistical Facts
Table %III
122 -123
June 28, 1985
' Mr. Robert S. Boewinski
City Manager
' City of Columbia Heights
Dear Mr. Boewinski:
The annual financial report of the City of Columbia Heights, Minnesota for the
year ended'December 31, 1984 is submitted herewith. The organization, form and
contents,of this report were prepared in accordance with standards prescribed by
the Municipal Finance Officers Association of the United States and Canada, the
American Institute of Certified Public Accountants, State Auditor's Office,
State of Minnesota, and the City Charter. The format has been modified from
prior years to incorporate changes recommended by the National Council on
Governmental Accounting which incorporates pertinent aspects of Audits of State
and Local Governmental Units.
' The report consists of three sections: Section I is the introductory section
and contains the Table of Contents, Letter of Transmittal, Administrative
organization and Auditors report. Section II is the financial section and
' contains the general purpose financial statements, notes to financial statements
and the combining and individual fund and account group statements and
schedules. Section III is the statistical section and contains comparative
statistical tables and data having reference value for citizens and investors.
' ACCOUNTING SYSTEM AND REPORTS
' The City maintains complete self - balancing account groups for each entity of the
City in accordance with the organizational chart of the City. This results in a
classification of transactions according to specific functions, separate and
' distinct from those pertaining to unrelated activities.
The City's accounting records are maintained on the accrual, or modified accrual
basis, as appropriate. Budgetary control is maintained by an encumbrance system
' whereby purchase requests are pre - audited as to authorization and availability
of funds prior to their release to vendors. Also inherent in this controlling
function is the management philosophy that the existence of a particular item or
appropriation in the approved budget does not automatically mean that it will or
must be spent. The budget process has flexibility in that, where need has been
adequately demonstrated, an adjustment can be made within the department budget
by the City Manager, or between departments and funds by the City Council.
Therefore, there is a constant reviewal process and expenditures are not
approved until it has been determined that (1) adequate funds were appropriated,
(2) the expenditure is still necessary and (3) funds are available.
FINANCIAL STATEMENTS FOR INDIVIDUAL FUNDS
These are indexed in the preceding table of contents. In addition the header
for each type of fund provides a description of the basis for establishment of
the fund and another table of contents of the financial statements pertaining
to the individual fund. Each statement of the General Fund, Special Revenue
Funds (where appliable), Enterprise Funds and Internal Services Funds are
presented with comparative information to 1983.
GENERAL FUND
On December 31, 1984, the fund balance of the General Fund totaled $2,612,770 of
which $287,825 is designated for the 1985 budget. This leaves an undesignated
fund balance which is adequate, but it should be pointed out that this
represents a working capital for general operations that is used extensively
during the first seven months until current taxes and state aids are received.
The following table shows previous year -end General Fund balances, as compared
to adopted budget of the following year.
General Fund
Budget
Beginning of Year
1975
$2,179,705
1976
2,329,365
1977
2,549,629
1978
2,917,260
1979
3,078,785
1980
3,407,235
1981
3 „978x165
1982
4,342,875
1983
4,245,909
1984
4,536,850
1985
4,443,220
Total of
Appropriated and
Unappropriated Fund Balance
Beginning
of Year
Amount
% of Budget
$ 107,376
4.9%
292,898
12.6
591,399
23.2
863,828
29.6
957,562
31.1
1,312,026
38.5
1,508,906
37.9
1,538,691
35.4
1,734,848
40.9
2,142,151
47.2
2,612,770
58.8
Estimated and actual revenues for the current year are presented in Form B -2.
Revenues received for general government operations totaled $4,590,578 in 1984,
an increase of $321,298 over the previous year. The following table presents an
analysis of the major revenue sources of the General Fund for 1984 and its
change from 1983
ICIM
1984 Percent
Increase (Decrease)
Revenue Source Amount of Total
from 1982
' General Property Taxes $ 19280,373 27.9%
$ 139,557
Licenses and Permits 215,942 4.7
59,532
Intergovernmental Revenue 2,154,848 46.9
95,090
Charges for Services 584,578 12.8
13,931
'
Fines and Forfeits 51,609 1.1
(861)
Miscellaneous Revenue 180,663 3.9
17,210
Expenditure Reimbursements 36,052 .8
(5,130)
'
Transfers -In .87,113 1.9
1,969
Totals $4,590,578 100.0$
$ 321,298
' From the above table, it is apparent that the major sources
available for
funding the general operations is the property tax (27.9 %) and intergovernmental
' revenue (46.9 %) primarily state aids. Both of these sources
are controlled in
the amount that they can increase by what is known as the Levy Limitation Law.
' LEVY LIMITATION
The Levy Limitation Law was first implemented in 1972 and, in general, has
placed a limitation on the amount of increased revenue that
can be derived from
' the property tax and local government aid. Since enactment,
various amendments
to the law have been enacted, but the basic principal remained
the same. The
following table summarized the City's status in complying with
the law for 1984
' and 1985.
1. 1984 Levy Limitation
$ 1,425,241
2. 1984 Certified Local Government Aid
$ 1,465,062
'
3. Initial 1985 .Levy Limit Base (1 +2)
$ 2.,890,303
4. "Inflation Adjustment
106.4%
5. Inflation Adjustment 1985 Levy Limit Base (3X4)
$ 3,075,282
' 6. Adjustment for Growth in Population or Households
(Use the larger of the following ratios)
Population Households
'
a. 1984 19,530 7,590
b. 1983 19,560 7,375
c. Ration (1984/83 .998 1.029
1.029
' 7. Population /Household adjusted 1985 Levy Limit Base
(5X6c)
$ 3,164,465
8. 1985 Local Government Aids
$ 1,720,201
'
9. 1985 Final Levy Limitation (7 -8)
$ 1,444,264
FISCAL DISPARITIES
i
In 1971 the legislature enacted a'Fiscal Disparity Law which was not implemented
until taxes payable in 1975 due to a constitutional challenge. The law provides
for the pooling of a percentage of all new commercial /industrial property
valuation or growth in the seven county area to be redistributed to the taxing
jurisdictions according to specified criteria.
Although it is difficult to determine the future impact of the law on the City,
it appears that the City will gain in nominal amounts. The impact on the
taxable valuations of the City for taxes collectible in 1982 through 1984 was as
follows:
1984
City's taxable value:
Personal property $ 1,468,278
Real estate 108,671,288
Sub Total $110,139,566
Areawide allocation:
Contribution to "pool" $ (4,695,234)
Distribution from "pool" 13,663,552
Net Increase $ 8,968,318
Combined Value
$119,107,884
1983
$ 1,426,869
105,913,390
$107,340,259
$ (5,178,793)
12,001,080
$ 6,822,287
$114,162,546
1982
$ 1,333,301
104,783,933
$106,117,234
$ (4,487,006)
10,544,639
$ 6,057,633
$112,174,867
Actual taxes received from the fiscal disparities allocation amounted to
$174,748 in 1984, $179,267 in 1983, $146,150 in 1982, and $118,108 in 1981.
This represents a small amount of property tax relief to Columbia Heights
.taxpayers. It should be remembered that, regardless of how much "new revenue"
is received from fiscal disparities, the revenue is part of the tag controlled
by the levy limit within which the City must still operate.
PROPERTY TAX AND SPECIAL ASSESSMENT COLLECTIONS
It is the City's policy to offset any property taxes not received with an equal
allowance for uncollectible amounts. Therefore, any delinquent taxes, or
unremitted current taxes are not recognized as revenue until received in cash,
and are used to finance the budget in the year in which they are received.
SPECIAL REVENUE FUNDS
The Municipal State -Aid Street Fund was established to receive gasoline tax
apportionments from the state which are used to construct state -aid streets. In
1981 this fund was restated in accordance with N.C.G.A. statement Number 2.
Previously revenue was recorded at the time of apportionment from the State of
Minnesota. Under the restatement, revenue is not recorded until it is earned.
-5-
-' In 1978 the Recreation Commission was expanded to include a Community Services
function. The revised Recreation and Community Services Commission Fund is
funded and directed in co- operation with Independent School District No. 13
through asix member board. The activity of this fund covers year round
recreation programs in the schools, city parks and outside the community. 'In
1984 expenditures of ,$264,672 exceeded revenues by $3,968 decreasing the fund
balance to.$45,563.
FIXED ASSETS
' The general fixed assets of the City are those fixed assets used in the
performance of general governmental functions, but exclude the fixed assets of
the proprietary funds. As of December 31, 1984 the general fixed assets of the
City thus far recorded amount to $8,322,764. This amount represents the
' original cost of land, buildings and equipment and is considerably,less than
their present value.. Depreciation of the general fixed assets is not
recognized, as is customary in municipal accounting, in the City's accounting
' system, but depreciation of assets is recognized in the proprietary funds for
rate setting purposes, etc.
An appraisal of buildings, structures and equipment (excluding vehicles.for
which the City had cost information) was accomplished in 1979.- These values
plus the original assessed cost of water and sewer lines were established on the
City's accounting records. In 1984 further work is planned to develop values
for roads, curbs and gutters and similar assets that are immovable and
incorporate these values into the General Fixed Asset group of accounts.
Replacement values for insurance purposes were also established from the
appraisal.
-6,=
The Revenue Sharing Fund was established
to account for the
receipt
and
expenditure of federal
general revenue sharing funds. Revenue Sharing was
enacted in 1972, and covered the period
1976, Federal amendments to the law have
from January 1, 1972 to December 31,
reauthorized appropriations.
Revenue Sharing
Interest
Capital
Fund Balance
Revenue
Earnings
Total Protects
Operations
Total
Year End
1973 $ 140,575
$ 9,202
$149,777
$1100239
$ 14,606 . $124,845
$145,791
1974 144,256
12,834
157,090
145,830
4,158
149,988
152,893
1975 154,036
11,530
165,566
187,572
309488
218,060
.100,399
'
1976 157,339
10,9.07
168,246
158,164
68,528
226,692
41,953
1977 159,482
6,257
165,739
108,928
25,478
134,406
73,286
1978 178,817
5,860
184,617
179,120
12,723
191,843•
66,060'
'
1979 176,635
9,584
1860219
1120904
18,189
131,093
121,186
1980 160,131
12,872
173,003
110,709
29,357
140,066
154,123
1981 160,957
20,396
181,353
- 135,903
3,951
139,854
195,622
1,982 141,743
24,207
165,950
59,318
1,832
61,150
300,422
'
1983 113,225
29,368
142,593
125,750
29'737.
128,487
314,528
1984 112,599
51,406
164,005
40,912
14
40,926
437,607
'
In 1985 it is estimated
that the.City
will
receive
$113,170
in revenue sharing
payments and $18,620
in interest
earnings.
The
adopted 1985 budget
includes
$ -0 -,for general operations
and
$234,600
for capital
projects, In addition there
'
is $122,489 reserved
for encumbrances leaving
an estimated
fund balance of
$212,308.
-' In 1978 the Recreation Commission was expanded to include a Community Services
function. The revised Recreation and Community Services Commission Fund is
funded and directed in co- operation with Independent School District No. 13
through asix member board. The activity of this fund covers year round
recreation programs in the schools, city parks and outside the community. 'In
1984 expenditures of ,$264,672 exceeded revenues by $3,968 decreasing the fund
balance to.$45,563.
FIXED ASSETS
' The general fixed assets of the City are those fixed assets used in the
performance of general governmental functions, but exclude the fixed assets of
the proprietary funds. As of December 31, 1984 the general fixed assets of the
City thus far recorded amount to $8,322,764. This amount represents the
' original cost of land, buildings and equipment and is considerably,less than
their present value.. Depreciation of the general fixed assets is not
recognized, as is customary in municipal accounting, in the City's accounting
' system, but depreciation of assets is recognized in the proprietary funds for
rate setting purposes, etc.
An appraisal of buildings, structures and equipment (excluding vehicles.for
which the City had cost information) was accomplished in 1979.- These values
plus the original assessed cost of water and sewer lines were established on the
City's accounting records. In 1984 further work is planned to develop values
for roads, curbs and gutters and similar assets that are immovable and
incorporate these values into the General Fixed Asset group of accounts.
Replacement values for insurance purposes were also established from the
appraisal.
-6,=
ENTERPRISE FUNDS
LiQuor Operation
Total Off -Sales were $1,434,090 an increase from 1983 of $310,419. Total Net
operating income was $37,061, a decrease of $25,484.
WATER SEWER UTILITY
The Water Utility Fund had a 1984 net income of $129,440 on a 1.59% decrease in
revenues compared to a net income of $163,617 in 1983.
he Sewer Utility Fund with a 3.57% increase in revenues had a net income of
$289,172 in 1984 compared to a net income of $316,904 in 1983.
SPECIAL ASSESSMENT FUNDS
Special Assessment Funds are'used to finance and account for the construction
and financing of certain public improvements such as residential streets, storm
sewers,sanitary sewers, and water mains which are to be paid for wholly or in
part from special assessments levied against benefited property. The Special
Assessment Funds are also used to account for assessments levied against the
individual property owners which are usually paid in installments over a period
of years. During 1984, the City collected $542,716 in assessments from property
owners.
CENTRAL GARAGE FUND
The Central Garage Fund was established in 1977 to record expenses of the
service shop and to allocate such cost to the using departments. It is intended
to maintain this fund on a self - sustaining basis with the establishment of fixed
assets and related depreciation for the garage. Retained earnings has an
unreserved fund balance of $40,645 as of December 31, 1984. Depreciation,
although not considered in the initial years, will be a factor in future user
rates.
TRUST AND AGENCY FUNDS
Ivestment Trust Fund
The Investment Trust Fund was created in 1974 to record all investment
transactions except direct investments of bonds of the City purchased by other
funds. Interest earnings from these investments are allocated to all funds of
the City, except construction accounts and the trust and agency funds, on the
basis of the average cash balances during the year. Investment principal at
December 31, at book value, is also allocated to the individual funds. The
allocation of interest earnings to December 31, includes accrued interest
receivable, which is added to the book value of the investments.
r
Interest rates were slightly lower
in 1984 than
in the preceding year,
for
and the
the past
average amount of idle funds increased in 1983.
Interest earnings
ten years are as follows:
Year
Earnings
Yield
1975
87,612
8.34%
1976
121,051
7.75%
1977
114,186
5.69%
1978
119,918
6.29%
1979
181,797
9.21%
'
1980
229,978
11.14%
1981
324,608
12,30$
1982
364,565
11.40%
'
1983
587,366
10.69%
1984
905,514
9.41%
'
The 1984 earnings were distributed
to the following funds:
$ 133,941
General
51,406.
'
Revenue Sharing
269,545
Special Assessments
8,616
Capital Improvements
23,769
'
Debt Service
Liquor
221,084
50,235
Water
fi07;�14
Sewer
9,110
'
Garage
10,511
Park Dedication
19'683
Cable Television
NEW LEGISLATION
The 1978 Minnesota Legislature enacted Chapter
787 to standardize and
improve
'
municipal financial reporting. Beginning in 1978,
Also,
the fiscal year of
cities failing to meet
all
the new
Minnesota cities is the calendar year.
financial reporting requirements will have the
State Auditor's office
or its
'
appointee prepare their financial
City's share of
statements.
Municipal State
Fees for this service will be
Aid. This report meets or
withheld from the
—
exceeds all state reporting requirements.
Respectfully submitted,
'
William Elrite
Finance Director
r
' HE CITX OF COLUM IA HEIGHTS, MINNESOTA
r- NNUAkNDED FINA�V CIAL �EP RT 9
EAR LECEMBER 1,� S y
GENERAL PURTOSE
FINANCIAL STATEMENTS
These General Purpose Financial Statements are part of the Comprehensive
Annual Financial Report, presenting only aggregate data by fund type and
account group, together with notes to the financial statements and
constitutes "fair presentation in conformity with generally accepted
accounting principles."
It is felt that these General purpose Financial Statements will be a
benefit to users requiring less detailed information about our City's
finances.
TABLE OF CONTENTS Page
Auditors Report 9
Combined Balance Sheet - All Fund Types and 10 -11
Account Groups Form A
Combined Statement of Revenues, Expenditures,
and Changes in Fund Balances - All
Governmental Fund Types Form A -1 12-13
Combined Statement of Revenues, Expenditures,
and Changes in Fund Balances - Budget and
Actual - General and Special Revenue Fund
Types Form A -2 14 -15
Combined Statement of Revenues, Expenses and
Changes in Retained Earnings - All Proprietary
Fund Types Form A -3 16-17
Combined Statement of Changes in Financial Position
- All Proprietary Fund Types Form A -4 18-19
Combined Statement of Revenues, Expenditures and
Changes in Fund Balances, Governmental Fund Types
Notes to Financial Statements
Form A -5 20
21 -32
�GMHCo
1
1
' The City Council of
Columbia Jeights, Minnesota
GEORGE M. HANSEN COMPANY, P.A.
A Professional Corporation of Certified Public Arrountaus
AUDITORS' OPINION
We have examined the combined financial statements of the City of Columbia Heights,
'Minnesota as of and for the year ended December 31,.1984 as listed in the table of
contents. 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. We
did not examine the financial statements of the Housing and Redevelopment Authority
(HRA). The,3e statements were examined by other auditors whose report thereon has
been furnished to us, and our opinion expressed herein, insofar as it relates to
the amounts included for the HRA, is based solely upon•the report of the other
auditors.
In our opinion, the combined financial statements referred to above present fairly
the financial position of the City of Columbia Heights, Minnesota at December 31,
1984, and the results of its operations -and the changes in financial position of
'its proprietary fund types for the year then ended, in conformity with generally
accepted accounting principles which have been applied on a basis consistent with
that of the preceding -year.
Our examination was made for the purpose of forming an opinion on the combined
financial statements taken as a whole. The combining, individual fund and account
group financial statements and schedules listed in the table of contents are
presented for purposes of additional analysis and are not a,required part of the
combined financial statements of the City of'Columbia Heights, Minnesota. The
information has been subjected to the auditing procedures applied in the•examination
of the combined financial statements, except as regards the HRA as discussed above,
and, in our opinion, is fairly stated in all material respects in relation to the
combined financial statements taken as a whole. Our examination did not include
the statistical information listed in the table of contents.
' June 27, 1985.
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' P ,
COMBINED STATEMENT
OF REVENUES, EXPENDITURES AND
J
CHANGES IN FUND
BALANCES -
ALL GOVERNMENTAL FUND TYPES
Year
Ended December 31, 1984
$ -
Public safety
1,654,871
Special
Public works
General
Revenue
REVENUES:
----- - - - - --
--- - - - - --
General property taxes
$1,280,373
$ -
Homestead credit
472,163
-
Special assessments
-
-
Licenses and permits
215,942
-
Fines and forfeitures
51,009
-
Interest and rents
159;019
81,600
Intergovernmental revenues 1,682,685
263,968
Charges for services
584,578
121,557
Other revenue
57,696
-
Total Revenues
----- - - - - --
$4,503,465
--- - - - - --
$467,125
OTHER FINANCING SOURCES:
Transfers from other funds 87,113 102,352
Proceeds from sale of bonds - -
Total Revenues and Other Sources $4,590,578 $569,477
EXPENDITURES:
Current:
General government
$563,717
$ -
Public safety
1,654,871
-
Public works
645,265
-
Sanitation
450,010
-
Library
212,379
-
Parks and recreation
488,758
264,672
Other
2,607
46,930
Capital outlay
-
40,926
Debt service:
-
-
Prineipal retirement
-
-
Interest and fiscal charges
-
-
Total Expenditures
$4,017,607
$352,528
OTHER FINANCING USES:
Transfers to other funds: 102,352 89,609
Total Expenditures and Other Uses $4,119,959 $442,137
EXCESS OF REVENUES AND OTHER SOURCES ----- - - - - -- - -- - -- ---
OVER (UNDER) EXPENDITURES AND OTHER USES $470,619 $127,340
Fund Balance at Beginning of Year $2,142051 $529,237
as originally reported
Adjustments for change in accounting
for Special Assessment Revenues - -
FUND BALANCE AT BEGINNING OF YEAR 2,142,151 529,237
FUND BALANCE AT END OF YEAR AS ADJUSTED $2,612,770 $656,577
The notes to the financial statement are an
integral part of this statement
-12-
1
Form A -1
Total
'
Debt
Capital
Special
(Memorandum
-------------------------
Only)
Service
Projects
Assessments
1984
1983
'
----- - - - - --
$526,879
----- - - - - --
$ --
----- - - - - --
$
----- - - - - --
$1,807,252
- - - - - --
$1,301,329
51,315
_
.523,478
505,866
-
-
539,035
539,035
594,541
215,942
156,410
_
_
-
51,009
51,870
6,853
68,464
286,461
602,397
530,037
-
-
.-
1,946'1653
2,484,757
'
_
_
_
706,135
689,655
10,649
-
28,276
96,621
319,703
'
----- - - - - --
$595,696
----- - - - - --
$68,464
----- - - - - --
$853,772
----- - - - - --
$6,488,522
----- - - - - --
.$6,634,168
1,162,561
•2,392
185,127
1,539,545
1,349,838
1
-
1,070,000
-
1,070,000
-
1
----- - - - - --
$1,758,257
----- - - - - --
$1,140,856
----- - - - - --
$1,038,899
----- - - - - --
$9,098,,067
----- - - - - --
$7,984,006
$563,717
$5489977
1,654,871
1,537,897
645,265
561,632
450,010
212,379
430,126
265,803
-
-
-
753,430
625,030
-
-
-
49,537
31,959
636,613
256,820
934,359
1,814,958
0
600,000
-
-
600,000
255,000
'707
- 737
-
172,023
- -
879,760
----- - - - - --
889,339
----- - - - - --
----- -- - --
$1,307,737
----- - - - - --
$636,613
----- - - --
$428,843
$6,743,328
$6,960,721
'
_
-
1,162,561
1 2 2
75 5 ,
1 506 797
, ,
1,276,877
- - --
'
----- - - - - --
$1,307_ 737
- A=--- - - - - --
$1,799,174$58.1
-----------
118
----- - - - - --
$8,250_
----- - -
$8,237_598_
-
$450,520
-
($658,318)
-----------
$457,781
- 125
$847,942
($253,592)
'
$148,604
$1,684,974
($911,552)
$3,593,414
$5,032,115
_
_
_
-
(1,185,109)
148,604
1,684,974
(911,552)
3,593,414
3,847,006
------
-----------------------
$599,124
$1,026,656
-----------
($453,771)
-----------
$4,441,356
----
$3,593,414
-13-
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND
BALANCES - BUDGET AND ACTUAL - GENERAL AND SPECIAL REVENUE FUND TYPES
Year Ended December 31, 1984,
REVENUES:
General property taxes
Homestead Credit
Licenses and permits
Fines and forfeitures
Interest and rents
Intergovernmental revenue
Charges for services
Other revenue
Total Revenue
OTHER FINANCING SOURCES:
Transfers from other fund
Total Revenues and
Other Sources
EXPENDITURES:
General government
Public safety
Public works
Sanitation
Library
Parks and recreation
Other
Capital Outlay
Total Expenditures
GENERAL FUND
Original
Revised
Variance
Budget
------ - - - - --
Budget
----- - - - - --
Actual
----- - - - - --
Over(Under)
--- - - - - --
$1,240,474
$ -
$1,280,373
$39,899
500,000
-
472,163
(27,837)
131,425
-
215,942
84,517
51,500
-
51,009
(491)
124,650
-
159,019
34,369
1,607,647
-
1,682,685
75,038
584,600
-
584,578
(22)
31,300
-
57,696
26,396
------ - - - - --
$4,271,596
----- - - - - --
$ -
----- - - - - --
$4,503,465
--- - - - - --
$231,869
159,200
-
87,113
(72,087)
------ - - - - --
$4,430,796
----- - - - - --
$ -
----- - - - - --
$4,590,578
--- - - - - --
$159,782
717,165
686,565
563,717
122,848
1,702,875
1,733,475
1,6541871
78,604
729,430
719,430
645,265
74,165
455,800
455,800
450,010
5,790
210,650
214,150
212,379
1,771
488,150
494,650
488,758
5,892
127,980
127,980
2,607
1259373
$4,432,050 $4,432,050 $4,017,607 $414,443
OTHER FINANCING USES:
Transfers to other funds 104,800
Total Expenditures and------------
Other Uses $4,536,850
EXCESS OF REVENUES AND OTHER
SOURCES OVER (UNDER) EXPEND -
TURES AND OTHER USES (106,054)
FUND BALANCE AT BEGINNING
104,800 102,352 2,448
----- - - - - -- ----- - - - - -- --- - - - - --
$4,536,850 $4,119,959 $416,891
----- - - - - -- ----- - - - - -- --- - - - - --
(106,054) . 470,619 576,673.
OF YEAR 2,142,151 2,142,151 2,142,151 -
- ------ - - - - -- ----- - - - - -- ----- - - - - -- --- - - - - --
FUND BALANCE AT END OF YEAR $2,036,097 $2,036,097 $2,612,770 $576,673
The notes to the financial statement are an
integral part of thisistatement
-14-
'
Form A -2
SPECIAL REVENUE
FUNDS
TOTAL
-- ---- - ----
---- - - -- --
(Memorandum
Only)
'
Variance
------- -------------------------
Revised
-
Variance
Budget
--- - - - - --
Acutal
--- - - - - --
Over(Under)
----- - - - - --
Budget
----- - - - - --
Actual
----- - - - - --
Over(Under)
--- - - - - --
'
$ -
$ -
$ -
$1,240,474
$1,280,373
$39,899
-
-
-
500,000
472,163
(27,837)
131,425
215,942
84,517
51,500
51,009
(491)
4,500
81,600
77,100
129,150
240,619
111,469
290,600
263,968
(26,632)
1,898,247
1,946,653
� 48,406
'
118,715
121,557
2,842
703,315
706,135
2,820
-
-
-
31,300
-
579696
26,396
'
--- - - - - --
$413,815
---------------------
$467,125
$53,310
----- - - - --
$4,685,411
----- - - - - --
$4,970,590
--- - - - - --
$285,179
.1 04f800
1029352
(2,448)
264,000
189,465
(74,535)
'
$518,615
--- - - - - --
-
$569,477
--- - - - - --
- --
$50,862
----- - - - - --
$4,949,411
----- - - - - --
$5,160,055
----- - - - - --
$210,644
--- - - - - --
49,650
24,756
24,894
736,215
588,473
147,742
-
-
-
1,733,475
1,654,871
78,604
-
3,295
(3,295)
719,430
648,560
70,870
'
-
455,800
450,010
5,790
-
_
_
214,150
212,379
1,771
269,290
264,672
4,618
763,940
753,430
10,510
36,725
18,879
17,846
164,705
21,486
143,219
'
328,395
40,926
287,469
328,395
40,926
- - - - --
287,469
--- - - - - --
--- - - - - --
$684,060
--- - - - - --
$352,528
----- - - - - --
$331,532
----- - - - - --
$5,116,110
-----
$4,370,135
$745,975
115,200
89,609
25,591
220,000
19.1,961
28,03 -9
'
$799,260
--- - - - - --
$442,137_
--- - - - - --
----------- $357,123
----- - - - - --
$5,336,110
----- - - - - --
$4,562,096
----- - - - - --
$774,014
--- - - - - --
(280,645)
127,340
407,985
(386,699)
597,959
984,658
'
529,237
529,237
-
2,671,388
2,671,388
-
$248,592 $656,577 $407,985 $2,284,689 $3,269,347 $984,658'
-15-
COMBINED STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN
RETAINED EARNINGS - ALL PROPRIETARY FUND TYPES
Year Ended December 31, 1984
OPERATING REVENUES:
Sales
Cost of sales
Gross Profit
OPERATING EXPENSES:
Personal services
Other services and charges
Supplies
Source of supply /Disposal charges
Total
OPERATING INCOME BEFORE DEPRECIATION
DEPRECIATION
OPERATING INCOME
NONOPERATING REVENUES (EXPENSES)
Interest income
Interest expense
Other income (expense) - net
Total
Net Income before transfers
Transfers to Other Funds
Net Income
TRANSFER DEPRECIATION ON CONTRIBUTED ASSETS
Income Transferred to Retained Earnings
RETAINED EARNINGS, BEGINNING OF YEAR
As originally reported
Adjustment for vacation and sick pay
As Adjusted
RETAINED EARNINGS, END OF YEAR
Enterprise
$3,102,852
1,168,886
$1,933,966
$413,521
139,417
56,501
938,711
$1,548,150
$385,816
103,711
$282,105
$382,200
13,171
$395,371
$677,476
32,748
$644,728
65,229
$709,957
$3,923,191
$3,923_191 -
$4,633,148
i
I,
A
Form -3
'
Total
(Memorandum Only)
'InLernal
Service
1984
9 8 3
- ---
--- - - - - --
$145,392
-----------------------
$3,248,244
- -
$2,907,406
1,168,886
902,103
----- - - - - --
---- - - - - --
$145,392
-- -- -- - --
$2,079,358
$2,005,303
'
--- - - - - --
----- - - - - --
-- -
$ <,7,949
$483,470
$ 420 , 285
57,970
197,387
151,357
'
5,289
61,790
49,941
-
938,711
760,694
- - - - --
'
--- - - - - --
$133,208-
----- - - - - --
$1,681,358-
-----
$1,382,277-
$12,184
$398,000
$623,026
'
5,201
108,912
104,647
----- - - - - --
'
--- - - - - --
$6,983
--- - - - - --
----- - - - - --
$289,088
----- - - - - --
$518,379
----- - - - - --
$9,110
$391,310
$195,660
_
(1,069)
867
14,038
(19,279)
----- - - - - --
'
--- - - - - --
$9,977
----- - - - - --
$405,348
-
175,312
-- $_
-- -
$16,960
--
$694,436
$693,691
48
32,748
2
72,959
----- - - - --
--- - - - - --
$16,960
---- -- --
$661,688
$620,732
'
_
65,229
65,229
- - - - --
'
--- - - - - --
$16,960
--- - - - - --
----- - - - - --
$726,917
----- - - - - --
-----
$685,961
----- - - - - --
$35,890
$3,959,081
$3,310,192
'
(371072)
--- - - - - --
$35,890
----- - - - - --
- $3,959,081
- --
$3,273,120
'
$52,850
$4,685,998
$3,959,081
-17-
i
I,
COMBINED STATEMENT OF CHANGES IN FINANCIAL
POSITION
ALL PROPRIETARY FUND TYPES
Year Ended December 31, 1984
Enterprise
SOURCES OF WORKING CAPITAL:
Operations:
Net income (loss)
$644,728
Items not requiring (providing) working capital
Depreciation
103,711
Working Capital Provided by Operations
$748,439
Decrease in long term contract receivable
11,434
Decrease in deferred receivable- reserve capacity
1,863
Total Sources of Working Capital
$761,736
USES OF WORKING CAPITAL:
Additions to property and equipment -net
242,246
INCREASE IN WORKING CAPITAL
$519,490
ELEMENTS OF INCREASE IN WORKING CAPITAL:
Cash
$2,843
Investments
721_,031
Accounts receivable
(203,705)
Inventory
250,676
Accounts payable
(223,011)
Due to other funds
-
Due from /to other governmental units
-
Accrued liabilities
(28,344)
Net Increase in Working Capital
$519,490
The notes to the financial statements are an integral
part of this statement
0
-18-
'
Form A -4
Total
(Memorandum
Only)
'
Internal
Service
1984
1983
'
--- - - - - --
---------------------------
$16,960
$661,688
$620,732
'
103,098
5,201
108,912
--
'
--- - - - - --
$22,161
--- - - - - --
$770,600
--- - - - -
$723,830
-
11,434
10,994
_
1,863
1,758
'
$229161
$783,897
$736,582
'
454
242,700
23,485
'
- $21,707-
$541,197-
$713,097 -
($42)
$2,801
($57)
'
17,560
738,591
539,624
16
(203,689)
90,314
6,856
257,532
34,172
(837)
(223,848)
(19,180)
'
15,400
_
-
49,870
(1,846)
(30,190)
2,954
- - - - --
'
--- - - - - --
$21,707
--- - - - - --
$541,197
---
$713,097
-19-
Form A -5
HOUSING AND REDEVELOPMENT AUTHORITY OF
COLUMBIA HEIGHTS
i
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUND TYPES
Year ended December 31, 1984
Totals
Special (Memorandum only)
General Revenue ----------------- - - - - --
Fund Fund 1984 1983
--- - - - - -- --- - - - - -- ----- - - - - -- ----- - - - - --
Revenues:
Rents
$ -
$135,667
$135,667
$126,790
Loans and grants:
Economic Development Admin.
-
-
-
153,111
Community Development Block Grant
-
75,786
75,786
430,109
Department of Housing and Urban
Development
-
295,192
295,192
201,862
General obligation bond proceeds
through City of Columbia Heights
495,569
105,796
601;365
604,298
Other revenues
105,621
103,647
209,268
118,488
Total Revenues
-
--- - - - - --
601,190
--- - - - - --
716,088
----- - - - - --
1,317,278
----- - - - - --
1,634,658
Expenditures:
--- - - - - --
--- - - - - --
----- - - - - --
----- - - - - --
Administation
87,131
44,804
131,935
140,411
Utilities, maintenance and operations
-
132,097
132,097
137,571
Loans and grants
54,710
24,806
79,516
79,445
Rental assistance
20,261
-
20,261
16,581
Property acquisition /site improvement
429,140
237,418
666,558
872,802
Relocation assistance
-
-
-
79,370
Legal
27,354
8,055
35,409
40,761
Principal reduction
-
-
-
108,925
Interest
-
121,193
121,193
102,644
Other expenditures
179
44,751
44,930
6,590
Total Expenditures
618,775
613,124
1,2319899
1,585,100
---
Excess (deficiency) of revenues
- - - - --
--- - - - - --
----- - - - - --
----- - - - - --
over expenditures
(17,585)
102,964
85,379
49,558
Fund balance at beginning of year
653,671
335,436
989,107
939,549
Fund balance at end of year $636,086
$438,400
$1,074,486
$989,107
-20-
' NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1984
' Note 1 - Summary of Significant Accounting Policies
The City operates under a Home Rule.Charter, which prescribes the
council - manager form of government. The following services are provided:
' public safety, highways and streets, sanitation, health and social
services, culture- recreation, public improvements, planning and zoning,
and general administrative services.
' The financial statements included in the report cover all commissions,
boards, authorities, and bodies that are dependent on or controlled by the
City's executive and legislative branches. The criteria used.to determine
the financial reporting entity are in conformance with NCGA Statement 3,
Defining the Governmental Reporting Entity.
' The accounting policies of the City conform to generally accepted
accounting principles as applicable to governments. The following is a
summary of the more significant policies.
A. FUND ACCOUNTING
The accounts of the City are organized on.the basis of funds and
' account groups, each of which is considered a separate accounting
entity. The operations of each fund are accounted for with a
separate set of self - balancing accounts that comprise its assets,
.r. liabilities, fund equity, revenues, and expenditures, or
' expenses, as appropriate. Government resources are allocated to
and accounted for in individual funds based upon the purposes for
which they are to be spent and the means by which spending
activities are controlled. The various funds are grouped, in the
' financial statements in this report, into seven generic Hind
types and three broad fund categories as follows:
Governmental funds- -
General Fund - The General Fund is the primary operating fund of
' the City. It is used to account for all financial resources\
except those required to be accounted for in another fund.
' Special•Revenue Funds - Special Revenue Funds are used to account
for the proceeds of specific revenue sources that are restricted
to expenditures for specified purposes.
Debt Service Funds - Debt Service Funds are used to account for
the accumulation of resources for, and the payment of, general
long -term debt principal, interest, and related costs.
Capital Project Funds - Capital Project Funds are used to account
- for financial resources to be used for the acquisition or
' construction of major capital facilities..
Special Assessment Funds - Special Assessment Funds are used to
account for financing of public improvements or services deemed
to benefit the properties against which special assessments are
levied.
1 -21-
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
Note 1 - Summary of Significant Accounting Policies (Continued)
A. FUND ACCOUNTING (Continued)
i
Housing and Redevelopment Authority (HRA)-
The seperate HRA Fund is used to account for the activities of
the authority in the City of Columbia Heights.
Proprietary Funds --
Enterprise Funds - Enterprise Funds are used to account for
operations
(a) that are financed and operated in a manner similar to
private business enterprises - where the intent of the governing
body is that the costs (expenses, including depreciation) of
providing goods or services to the general public on a continuing
basis be financed or recovered primarily through user charges;
or,
(b) where the governing body has decided that periodic
determination of revenues earned, expenses incurred, and /or net .
income is appropriate for capital maintenance, public policy,
management control, accountability, or other purposes.
Internal Service Funds - Internal Service Funds are used to
account for the financing of goods or services provided by one
department or agency to other departments or agencies of the
City, or to other governments., on a cost - reimbursement basis.
B. MEASURMENT FOCUS
The accounting and reporting treatment applied to the fixed
assets and long -term liabilities associated with a fund are
determined by its measurement focus. All governmental funds are
accounted for on a spending or "financial flow" measurement
focus. This means that only current assets and current
liabilities are generally included in their balance sheets.
Their reported fund balance is considered a measure of "available
spendable resources ". Governmental fund operating statements
present increases and decreases in net current assets.
Accordingly, they are said to present a summary of sources and
uses of "available spendable resources" during a period.
Fixed assets used in governmental fund types operations (general
fixed assets) are accounted for in the General Fixed Assets
Account Group, rather than in governmental funds. Public domain
general fixed assets consisting of certain improvements other
than buildings, including roads, bridges, curbs and gutters,
streets and sidewalks, drainage systems, and lighting systems,
are not capitalized with other general fixed assets. No
depreciation has been provided on fixed assets.
-22-
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
Note 1 - Summary of Significant Accounting Policies (Continued)
B. MEASUREMENT FOCUS (Continued)
Long term liabilities expected to be financed from governmental
funds are accounted for in the General Long -Term Debt Account
Group, not in the governmental funds. The single exception to
' this general rule is for special assessment bonds, which are
accounted for in Special Assessment Funds.
' The two account groups are not "funds ". They are concerned only
with the measurement of financial position. They are not
involved with measurement of results of operations.
' C. BASIS OF ACCOUNTING
Basis of accounting refers to when revenues and expenditures or
expenses are recognized in the accounts and reported in the
financial statements. Basis of accounting relates to the timing
of the measurements made, regardless of the measurement focus
applied.
All governmental funds are accounted for using the modified
accrual basis of accounting. Revenues are recognized when they
become measurable and available as net current assets.
Substantially all sources of revenue are accrued.
Expenditures are generally recognized under the modified accrual
basis of accounting when the related fund liability is incurred,
except for principal and interest on general long -term debt which
are recognized when due.
All proprietary funds are accounted for using the accrual basis
of accounting. Revenues are recognized when they are earned, and
expenses are recognized when they are incurred. .
D. BUDGETS AND BUDGETARY ACCOUNTING
The City follows these procedures-in establishing the budgetary
data reflected in the financial statements.
(a) Prior to January 1, the budget is adopted by the City
Council.
(b) Formal budgetary integration is employed as a management
control device during the year for the General Fund and
Special Revenue Funds.
(c)' Budgets for the General And Special Revenue are adopted on
a*basis consistent with generally accepted accounting
principles.
(d) Section 62 of the City Charter requires an annual budget.
Budget revisions are authorized by the City Council in
accordance with the City Charter at the request of the City
-23-
NOTES TO FINANCIAL STATEMENTS (CONTINUED) ,
DECEMBER 319 1984
Note 1 - Summary of Significant Accounting Policies (Continued)
Manager. The accompanying statements of revenue and '
expenditures compared with the budget estimates reflect these
revisions, if any. All appropriations lapse at the end of the
budget year to the extent that they have not been expended or '
lawfully encumbered.
E. ASSETS AND LIABILITIES
Cash and Temporary Investments - Cash available, in excess of 1
immediate needs, is invested temporarily in savings accounts,
savings certificates, and short -term government obligations.
Such investments are stated at cost or. amortized cost, as
applicable, in the accompanying financial statements. Investment
earnings are recognized as earned and are recorded in the funds '
on the basis of average cash and investment balances.
Property taxes - Property taxes are set by the City Council with
the levy certified to the County, which acts as a collection
'
agent, in October prior to the year collectible. Such taxes
constitute a lien on the property on January 1 of the year
collectible.
'
Allowances have been provided for all taxes receivable which were
not paid by December 31, and remitted to the City within 60 days
of year end. As a result, property tax revenue is recognized
'
when it becomes measurable and available to finance current
expenditures.
'
Assessments receivable - Special assessments are levied against
the benefited properties for the assessable costs of special
assessment improvement projects in accordance with State
Statutes. The City usually adopts the assessment rolls when the
'
individual projects are complete or substantially complete. The
assessments are collectible over a term of years generally
consistent with the term of years of the related bond issue.
'
Collection of annual installments (including interest) is handled
by the City with only delinquent balances being certified to the
County. Property owners are allowed to prepay total future
installments without interest or'prepayment penalties.
Special assessments receivable include the following components: '
Unremitted - amounts collected by County but not remitted
to City at December 31.
Delinquent - amounts billed to property owners but not paid.
Deferred - assessment installments which will be billed to '
property owners in future years.
Inventories — Inventories of the proprietary funds are stated at the '
lower of FIFO cost (first -in, first =out) or market.
-24- 1
' NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
E. ASSETS AND LIABILITIES (Continued)
Fixed Assets /Property and Equipment - All fixed assets are valued
at historical cost or estimated historical cost. Donated fixed
' assets are valued at their estimated fair value on the date
donated.
' Encumbrance accounting, under which purchase orders, contracts,
and other commitments for the expenditure of monies are recorded
in order to reserve that portion of the applicable appropriation,
' is employed as an extension of formal budgetary integration in
the General Fund, Special Revenue Funds, Capital Projects Funds,
and Special Assessment Funds. Encumbrances outstanding at year
end are reported as reservations of,fund balances since they do
' not constitute expenditures or liabilities.
Depreciation of all exhaustible fixed assets used by proprietary
1
funds is charged as an expense against their operations.
Depreciation on contributed assets.in the Mater and sewer utility
funds is added back to income transferred to retained earnings
'
and is deducted from contributed fund equity. Accumulated
depreciation is reported on proprietary fund balance sheets.
Depreciation has been provided over the estimated useful lives
'
using the straight line method. The estimated useful lives are
as follows.
Buildings 40 -50 Years
Mains & Lines 50 -100 Years
Structures 5 -20 Years
Equipment 5 -20 Years
'
Accumulated Unpaid Vacation and Sick Pay - Accumulated vacation
and sick pay is recorded as.a liability at the balance sheet date
in accordance with NCGA Statement No. 4 and'City policy.
'
F. REVENUES, EXPENDITURES, AND EXPENSES
Certain grants received by the City require that eligible
'
expenditures be made in order to earn the grant. Revenue for
--these grants is recorded in the period in which eligible
expenditures are made.
'
Utility service charges are recognized when earned. Unbilled
utility service charges are included in receivables at year -end.
'
Interest on bonded indebtedness is recorded as an expenditure
when paid in the governmental fund types and is recorded as an
expense when incurred in the proprietary fund types.
'
G. ENCUMBRANCES
' Encumbrance accounting, under which purchase orders, contracts,
and other commitments for the expenditure of monies are recorded
in order to reserve that portion of the applicable appropriation,
' is employed as an extension of formal budgetary integration in
the General Fund, Special Revenue Funds, Capital Projects Funds,
and Special Assessment Funds. Encumbrances outstanding at year
end are reported as reservations of,fund balances since they do
' not constitute expenditures or liabilities.
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
H. COMPARATIVE DATA
Comparative data for the prior year have been presented to
provide an understanding of changes in the City's financial
position and operation.
I. TOTAL COLUMNS ON COMBINED STATEMENTS
Total columns on the Combined Statements are captioned Memorandum
Only to indicate that they are presented only to facilitate
financial analysis. Data in these columns do not present
financial position, results of operations, or changes in
financial position in conformity with generally accepted
accounting principles. Neither are such data comparable to a
consolidation. Interfund eliminations have not been made in the
aggregation of these data.
Note 2 - Due from Other Governmental Units
The amounts due from other governmental units at December 31, 1984 are
composed of the following amounts:
General Fund
Court Fines
$ 9,940
Civil Defense
3.670
139610
Special Revenue Funds
Revenue Sharing
$ 28,096
ParaTransit
1,566
State Aid
32.852
62,514
Capital Projects Funds
HRA
110,753
Housing & Redevelopment
Authority
Federal Grants
$1739563.
State and Local
-
Government Aid
75,624
249,187
Enterprise Fund
Sewer Fund - MWCC
final cost allocation 82,147
$518,211
Note 3 - Proprietary Funds Contract Receivable and Deferred Receivable
A. INTERCEPTOR ACQUISITION CONTRACT RECEIVABLE
As of January 1, 1971, the Metropolitan Waste Control Commission
(M.W.C.C.) assumed ownership of all existing interceptors and
treatment works. Under the terms of the agreement with M.W.C.C.,
the City is to be reimbursed for the value at the time of
transfer of such facilities.
WTI:
' NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
' Note 3 - Proprietary Funds Contract Receivable and Deferred Receivable
Continued)
A. INTERCEPTOR ACQUISITION CONTRACT RECEIVABLE (Continued).
The contract represents the-value-of the facilities acquired by the
M.W.C.C. and was determined to be $400,533 at the date of takeover by
' the M.W.C.C. This amount is being amortized through credits received
against annual sewer service billings from the M.W.C.C. over a
thirty -year period with interest at 4 %.
' Prior to 1984, the City received credits against M.W.C.C. billings
totaling $289,536, of which $129,580 was treated as a reduction of
principal. During 1984, the City received a credit of $22,272, of
' which $11,434 was-a reduction of principal. As of December 319 1984,
a balance of $259,519 remained to be collected over the next sixteen
years.
' B. DEFERRED RECEIVABLE
The City was required to advance funds to the M.W.C.C. for deferments
' of reserve capacity costs granted to other communities. The balance
of this receivable from the M.W.C.C. at December 31, 1984 was $25,910
and is collectible over the next eight years. During 1984, the City
received $4,157 related to this receivable, of which $1,863
' represented a reduction of principal.
Note 4 - Interfund Receivable and Payable Balances.
' Receivable Payable.
Special Revenue Funds
Municipal State Aid Fund $ 349972
' Special Assessment Funds
Permanent Improvement Revolving Fund $ 34,972
HRA General Fund:
Low Income Housing $ 32,229
Downtown Development Fund $ 32,870
Anoka County Community Development
Block Grant Fund $ 37,838
HRA Special Revenue Funds
Low .Income Housing .$ 32, � �9
Downtown Development Fund $ 32,870
' Anoka County Community Development
Block Grant Fund 1 37.838
$137,909 $137,909
Note 5 - Changes in General Fixed Assets
Changes in General Fixed Assets Account Group during 1984 were as follows:
Adjustments
Balance and Balance
' Jan 1. 1984 Additions Retirements Dec. 31. 1984
Land $3,025,100 $3,025,100
Bldgs.& Structures 3,458,111 $ 32.,364 3,4909475
' Furniture, Fixtures
& Office Equip. 636,038 41,628 6779666
Machinery & Equip. 1.031,726 122,461 24.664 1.129,523
TOTAL $8,150,975 $ 196,453 $ 24,664 $8,322,764
o,
A summary of the internal service funds
property and equipment at December 31,
1984 follows:
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
'
Note 6 - Proprietary
Fund Types Property and Equipment
Garage,
Buildings & Improvements
$ 13,795
Office Furniture & Equipment
A summary of
the enterprise funds
property and
equipment at
December 31, 1984
follows:
81,226
'
Less Accumulated Depreciation
Water
Sewer
60,346
'
Liquor
Utility
Utility
Total
Land
$ 7,125
$ 45,223.
$ 36,586
$ 88,934
Buildings
80,613
212,924
26,245
319,782
'
Improvements
other than
Balance
Jan 1, 1984
Issued
Buildings
86,846
2,174,394
2,340,642
4,601,882
$ 140
Office Furniture & Equip. 23,405
2,169
1,642
27,216
Machinery &
Equipment 149,415
122,596
189,366
461,377
9,225
347,404
2,557,306
2,594,481
5,499,191
Less Accumulated Depr. 72,378
1,100,420
1,234,014
2,406,812
'
Bonds payable at December 31,
275,026
1,456,886
1,360,467
3,092,379
'
A summary of the internal service funds
property and equipment at December 31,
1984 follows:
Central
Garage,
Buildings & Improvements
$ 13,795
Office Furniture & Equipment
741
Machinery & Equipment
66,690
81,226
'
Less Accumulated Depreciation
60,346
$ 20,880
Note 7 - Long -Term Debt
Changes in long -term debt during the year ended December 31, 1984 are
'
summarized below (in 000's)
Balance
Jan 1, 1984
Issued
Retired
Balance
December 31, 1984
General Bonds $ 140
$
$ 140
$
Tax Increment
,
Bonds 8,615
1,070
460
9,225
Special Assessment 2,550
2,600
2,550
2,600
Total $ == 11,305
$== =3,670
$- -3,150
$== 11,825
'
Bonds payable at December 31,
1984 are comprised of the following issues.
Tax Increment Bonds --
I
Tax Increment Bonds of 1980, 8.0$- 8.75$, Payable in '
Varying Annual Amounts to 2002 $ 8,155,000
General Obligation Tax Increment Bonds Series 1984, '
7.0$ -9.4$, payable in varying annual amounts,
1986 -1994 $ 1,070,000
$ 9,225,000
-28- '
MI
U,
NOTES TO FINANCIAL STATEMENTS (CONTINUED)'
'
DECEMBER 31, 1984
Note 7 - Long -Term Debt (Continued)
Special Assessment Bonds --
'
General Obligation Permanent Improvement
%,
a
Fund Bonds, Series.1984, 6.5% - 9.75 payable
2,600,000
in varying annual amounts, 1985 -1996
$11,825,000
The annual requirements in thousands of dollars to amortize all bonded debt
interest of $8,422,000 are
outstanding at December 31, 1984, including payments
as follows (in 000's)
'
Year Ending Tax Special
Increment Assessment
Total
December 31
785 418
1,.�03
1985
1986 984 362
1,346
'
1987 1,019 361
358
1,380
1,417
1988 1,059
1,083 359
1,442
1989
1990 -94 5,751 1,755
7,506
1995 -99 4,830 693
5,5 �3
1,644
2000 -02 1,644
$17,155 $_4,306
21,461
$21_4=1
$599,124 is available in Debt Service Funds to service
the general obligation
restrictions
'
and tax increment bonds. There are a number of limitations and
The City is in compliance with all
contained in the various bond indentures.
significant limitations and restrictions.
The Tax Increment Bonds are payable from the amount of
District.
increase in the property
The Special Assessment
taxes on the property in the Tax Increment
from special assessments. Any deficiencies in
Bonds are payable primarily
from these sources will be provided by general
property taxes.
revenue
Note 8 - Reserved -Fund Equity
z
'
The following reservations of fund equity have been made as of December 31,
1984.
Debt Service Funds
$ 599,124
Debt Service
Housing & Redevelopment Authority 680 020
Community Development Activities ,
94,487
Future Operations
'
Revenue Sharing 122,489
Encumbrances
$1,496,120
MI
U,
The pension levy meets the minimum requirements of the Police and Firemen's
Relief Association Guidelines Act of 1969, which became effective July 1, 1971, '
and which required that contributions shall cover the normal cost plus interest
at 5$ of the unfunded liability. In accordance with the Police and Firemen's
Relief Associations Guidelines Act of 1969 as amended by Laws of Minnesota '
1978, Chapter 563, the annual levy includes an amount for the amortization of
the unfunded pension liability by the year 2005.
-30- 1
NOTES TO
FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31,
1984
'
Note 9 - Segment Information - Enterprise
Funds
The City maintains three enterprise
funds.
Segment information for the year
,
ended December 31, 1984 is
as follows:
Water Sewer
,
Li uor
Utility Utility Total
Sales, less cost of sales
of $1,168,886
$ 265,204
$ 265,204
'
Operating Revenue
821,768 846,994 1,668,762
Depreciation
5,289
44,511 53,911 103,711
Depreciation Transferred to
.Contributions
(26,294) (38,935) (65,229)
Operating Income
37,061
78,824 166,220 282,105
Operating Transfers Out
Net Income
(30,356)
226,116
(1,196) (1,196) (32,748)
129,440 289,172 644,728
'
Property & Equip.- Additions
216,367
13,456 12,423 242,246
Net Working Capital
1,486,965
601,940 1,252,147 3,341,052
Total Assets
2,071,074
2,121,846 2,920,693 7,113,613
,
.Total Equity- Contributed
1,067,160 1,018,552 2,085,712
Total Equity- Retained
Earnings
1,761,991
991,666 1,879,491 4,633,148
Note 10 - Retirement Plans
The Columbia Heights Police
Relief Association provides a pension plan for all
'
sworn police officers hired
prior to June
15, 1972. The Columbia Heights Fire
Department Relief Association-provides
a pension
plan for all regular fire
fighters hired prior to December
31, 1974
and all volunteer firefighters. All
public safety employees hired
after aforementioned dates, under Minnesota
'
.Statutes, Chapter 374, are
covered by Public
Employees, Police and Fire Fund (a
special fund of the Public
Employees Retirement
Association - P.E.R.A.). By
agreement, the Fire Relief
Association was
split into two divisions - paid and
volunteers as of January 1,
1978.
The City levies annually and applies state
aid for pension contributions to the
'
associations. In 1984 the
amounts were:
Levy
State -Aid Total
Police Relief
$ 77,313
$ 75,054 $ 152,367
,
Fire Relief - Paid
54,448
47,464 101,952
Fire Relief - Volunteer
8,185
- 8,185
$139.986
$ 122,518 $ 262,504
'
The pension levy meets the minimum requirements of the Police and Firemen's
Relief Association Guidelines Act of 1969, which became effective July 1, 1971, '
and which required that contributions shall cover the normal cost plus interest
at 5$ of the unfunded liability. In accordance with the Police and Firemen's
Relief Associations Guidelines Act of 1969 as amended by Laws of Minnesota '
1978, Chapter 563, the annual levy includes an amount for the amortization of
the unfunded pension liability by the year 2005.
-30- 1
' NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
Note 10 - Retirement Plans (Continued)
The follow schedule of accrued liabilities was obtained from the latest
actuarial surveys dated December 31, 1983.
' Funded Accrued Funded (Unfunded)
Reserves Liability Accrued Liability
' Police Relief $1,346,241 $ 3,154,623 $ (1,808,382)
Fire Relief -Paid 939,959 2,421,126 (1,481,167)
Fire Relief - Volunteer 548,308 322,676 225,632
The City participates in a contributory pension plan under the Public Em
Y P P ployees
Retirement Association (PERA),,Minnesota Statutes, Chapter 353, which covers
' substantially all .employees except those qualifying as temporary or seasonal
employees or those public safety police and fire personnel covered by the
relief associations. The City's contribution for the coordinated plan (PERA
' and Social Security) to PERA is equal to 4.25% of the total salary of each.
individual (employee share 4 %). For the basic plan, the City's.contribution is
equal to 10.5% of each individual's salary (employee share 8 %). For Police and
Fire PERA, the City's contribution is equal to 12% of each individual's salary
' (employee share 8 %). The pension cost including amortization of estimated
prior service cost was $166,068 for the year ended December 31, 1984. It is
State Law that the City fund this pension cost as it accrues. Prior service
' cost is being amortized, over a period of 40 years with full funding required
by the year 1997, as 'a percent of gross wages by all employees participating in
the .state association. The amount of unfunded prior service cost attributable
' to individual reporting entities is not determinable.
The City's contribution to the Federal Insurance Corporation of America (Social
Security) for those individuals belonging to the coordinated'-plan is equal to
' 7% of the first $37,800 in 1984 or total of $83,574.
Note 11 — Contingent Liability
The City participates in a number-of federally assisted grant programs,
principal of which are the General Revenue Sharing & Community Development
Block Grant. These programs are subject to program compliance audits by the
' . grantors or their representatives. The audits of these programs for or
including the year ended December 31, 1984 have not yet been conducted.
Accordingly, the City's compliance with the applicable grant requirements will
' be established at some future date. The amount, if any, of expenditures which
may be disallowed by the granting agencies cannot be determined at this time
although the City expects such amounts, if any, to be immaterial.
' Note 12 - Claims and Litigation
The City had the usual and customary types of miscellaneous claims pending at
' year -end, mostly of minor nature and usually all covered by insurance carried
for that purpose.
-31-
NOTES TO FINANCIAL STATEMENTS (CONTINUED)
DECEMBER 31, 1984
Note 13 - Commitment
The City has leased premises for a liquor store under a five year agreement
expiring in 1989 and requiring total annual rental payments of $58,250.
-32-
HE CITX OF COLUM IA HEIGHTS, MINNESOTA
NNUA TINABCIAL KEP RT
EAR �NDED llECEMBER L/17814
GENERAL RXD
The Home Rule Charter of the City of Columbia Heights provides
in Section 69 Subdivision (c): "A General Fund for the support
of such other funds and for the payment of such expenses. of the
city as the council may deem proper. Into this fund shall be
paid all moneys not herein provided to paid (sic) into any other
fund."
TABLE OF CONTENTS
Balance Sheet
Statement of Revenues, Expenditures and
Changes in Fund Balance
Schedule of Revenues - Budget and Actual
Schedule of Expenditures.- Budget
and Actual
Page
Form B 33
Form B -1 34
Form B -2 35 -36
Form B -3 37 -41
Form B
GENERAL FUND
COMPARATIVE BALANCE SHEET
December 31, 1984 and 1983
ASSETS
1984
------ - - - - --
1983
----- - - - - --
' Cash:
Treasurer's balance
$203,284
$22,843
Imprest cash and change funds
1560
1,975
----- - - - - --
Total Cash
------ - - - - --
$204,844
$24,818
Investments, at cost
2,417,631
2,082,090
Taxes receivable -- unremitted
17,282
-
Taxes receivable -- delinquent
36,290
49,644
Less: Allowance for uncollectable taxes
(36,290)
(49,644)
Accounts receivable:
Unbilled services
82,650
81,108
Other '
50,953
48,593
Due from other governmental units
13,610
18,060
Prepaid insurance
647
- - - - --
-
----- - - - - --
Total Assets
------
$2,787,617
$2,254,669
LIABILITIES, AND FUND BALANCE
------------------------------
Liabilities:
Accounts payable
$64,858
$31,868
Accrued salaries and withholdings
72,526
60,474
Deposits
25,665
7,165
Due to other governmental units
1,884
1,888
Deferred revenue
91914
11,123
- -
Total Liabilities
------ - - - - --
$174,847
------ - - - - --
----- - - --
$112,518
----- - - - - --
Fund Balance:
Reserved for encumbrances
$ -
$3,273
Unreserved
Designated for subsequent year's
Expenditures
287,825
110,054
Undesignated
2,324,945
- - - - --
2,028,824
----- - - - - --
Total Fund Balance -- Form B -1
------
$2,612,770
$2,142,151
Total Liabilities, and Fund Balance
$2,787,617
$2,254,669
-33-
u,
Form B-1
GENERAL FUND
STATEMENTS OF REVENUES, EXPENDITURES,
AND CHANGES
IN FUND BALANCE
Year Ended
December
31, 1984
With Comparative Actual Amounts for Year Ended December 31, 1983
1984
-
1983
----- - - - - --
----- - - - - --
----- - - - --
--- - - - - --
Variance
Favorable
Budget
Actual
(Unfavorable)
Actual
'
Pevenues:
Taxes
----- - - - - --
$1,240,474
----- - - - - --
$1,280,373
--- - - - - --
- $39,899
----- - - - - --
$1,140,816
Licenses and permits
131,425
215,942
84,517
156,410
Fines and forefeitures
51,500
51,009
(491)
51,870
'
Intergovernmental revenues
2,107,647
2,154,848
47,201
2,059,758
Charges for current services
584,600
584,578
(22)
570,647
Miscellaneous
132,950
180,663
47,713
163,453
'
Refunded reimbursements,
23,000-
36,052-
13,052
-
41,182
---- -
Total Revenues
- - --
$4,271,596
- - --
$4,503,465
--
$231,869
$4,184,136
'
Other Financing Sources:
Transfers from other funds
159,200
87,113
----- - - - - --
(72,087)
--- - - - - --
85,144
----- - - - - --
Total Revenues and Other
----- - - - - --
'
Sources
$4,430,796
----- - - - - --
$4,590,578
----- - - - - --
$159,782
--- - - - - --
$4,269,280
----- - - - - --
Expenditures:
'
General government
$686,565
$563,717
$122,848
$546,692
Public safety
1,733,475
1,654,871
78,604
1,537,897
Public works
719,430
645,265
74,165
561,632
'
Sanitation
455,800
450,010
5,790
430,126
Library
214,150
212,379
1,771
265,803
Parks
494,650
488,758
5,892
415,629
'
Other
127,980
2,607-
125,373
8,671
Total Expenditures
- --
$4,432,050
--
$4,017,607
$414,443
$3,766,450
'
0?yher Financing Uses:
Transfers to other funds
104,800
102,352
----- - - - - --
2,448
--- - - - - --
95,527
----- - - - - --
'
Total Expenditures and
----- - - - - --
Other Uses
$4,536,850
--
$4,119, 959
----- - - - - --
$416,891
--- - - - - --
$3,86 1,977
----- - - - - --
Excess of revenues and
----- - - - -
'
other sources over
($106,054)
$470,619
$576,673
$407,303
(under) expenditures and
other uses
t
Fund balance at beginning of
year
2,142,151
2,142,151
-
1,734,848
Fund balance at end of year
$2,036,097
$2,612,770
$576,673
$2,142,151
-34-
u,
Form B-2
GENERAL FUND
SCHEDULE OF REVENUES - BUDGET AND ACTUAL
Year Ended December 31, 1984
Variance
Budget Actual Favorable
Revenue Revenue (Unfavorable)
- - - - -- ----- - - - - -- --- - - - - --
General property taxes:
Current ad valorem
$1,237,474
$1,253,907
$16,433
Delinquent ad valorem
-
18,501
18,501
Penalties and interest
3,000
.7,965
4,965
Total
----- - - - - --
$1,240,474
----- - - - - -- ---
$1,280,373✓
----- - - - - -- ---
- - - - --
$39,899
- - - - --
Licenses and permits:
----- - - - - --
Business regulatory licenses
$52,325
$78,893
$26,568
Non- business licenses and permits
79,100
137,049
57,949
Total
----- - - - - --
$131,425
- - --
----- - - - - -- ---
$215,9427J
----- - - - - -- ---
- - - - --
$84,517
- - - - --
Fines and forefeitures:
----- - -
Court fines
$50,000
$50,134
$134
Other
1,500
875
(625)
Total
----- - - - - --
$51,500
--
----- - - - - -- --- - - - - --
$51,009 7a ($491)
----- - - - - -- --- - - - - --
Revenue from use of money and property:
----- - - - -
�S
Interest earnings --
Investment Trust Fund
$100,000
$134,001
$34,001
Rents
24,650
25,018,e6
368
Total
----- - - - - --
$124,650
----- - - - - --
----- - - - - -- ---
$159,019
----- - - - - -- ---
- - - - --
$34,369
- - - - --
Revenue from other agencies:
Shared state taxes: -
Local government aid
Property tax relief (Homestead)
Insurance premium tax
Other
Anoka county:
Street maintenance
Federal aid:
Civil defense reimbursement
Total
$1,465,062
$1,546,244
$81,182
500,000
472,163
(27,837)
81,755
83,951
2,196
35,770
41,694
5,924
18,060 - (18,060)
7,000 10,796 3,796
----- - - - - -- ----- - - - - -- --- - - - - --
$2,107,647 $2,154,848.0 $47,201
----- - - - - -- ----- - - - - -- --- - - - - --
-35-
1
1
' GENERAL FUND
SCHEDULE OF REVENUES - BUDGET AND ACTUAL CONTINUED)
Year Ended December 31, 3-W3 /c!
Other revenue:
Sale of land
Gain sale equipment
Miscellaneous
' Total
' Charges for current services:
General government
Public safety
Public works
Library
Parks
Refuse collection
' Other
Total
' Refunds and reimbursements:
Construct. -on labor
reimbursement
' Equipment rental
reimbursement
Other reimbursements
' Total
Total Revenue
Other Financing Sources:
Transfers from other funds
' Sullivan Lake Fund
Park Dedication Fund
Liquor Fund
' Total
Grand Total
Form B -2
59,200
Variance
Budget
Actual Favorable
Revenue
Revenue - - - - -- (Unfavorable)
-- ------
- - - - --
- - - - - -- - - --
$ -
- - - - -
$5,500 y
$5,500
4,000
7,634
d
3,634
4,300
8,510 -7
4,210
- - -- $8,300-
----- - - - - --
$21,644
------- - - - - -- ------
$13,344
- - - - --
$2,600
$2,547
($53)
46,050
43,484 7 b (2,566)
7,800
5,274
(2,526)
4,150
4,665
515
43,000
54,508
11,508
475,000
466,891
(8,109)
6,000
7,209 , %b
1,209
$584,600
----- - - - - --
$584,578
------- - - - - -- ------
($22)
- - - - --
$15,000
$ -
($15,000)
7,000
11,602
4,602
1,000
24,450
13,450
----- - - - - --
2 000
$ 3�
------- - - - - -- ------
IV 6 052
- - - - --
$13,052
- - -
$4,271,596
$4,503,465
$231,869.
59,200
56,757
(2,443)
100,000
30,356
(69,644)
----- - - - - --
$159,200
------- - - - - -- ------
$87,113 N,/)
- - - - --
($72,087)
----- - - - - --
$4,430,796
------- - - - - -- ------
$4,590,578
- - - - --
$159,782
0
-36-
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL
Year Ended December 31, 1984
GENERAL GOVERNMENT:
Mayor and Council:
Personal services
Other services and charges
Supplies
Total
City Manager:
Personal services
Other services and charges
Supplies
Total
Finance Clerk:
Personal services
' Other services and-charges
Supplies
Capital Outlay
Total
Elections:
Personal services
Other services and charges
Supplies
Total
Assessing:
Personal services
Other services and charges
Supplies
Capital Outlay
Total
Form B-3
1984
--------------------------------------------
Unencumbered
Original Budget (Overexpended)
Budget (Revised) Expenditur Balance
-------------------------------------- - - - - --
$64,660
$70,660
$70,642
$18
46,785
40,685
36,576
4,109
1,250
1,350
1,335
15
--- - - - - --
$112,695
--- - - - - --
----- - - - - --
$112,695
----- - - - - --
--- - - - - -- ------
$108,55,3-,1//
--- - - - - -- ------
- - - - --
$4,142
- - - - --
$57,150
$65,150
$65,138
$12
26,445
27,195
26,601
594
500
750
734
16
--- - - - - --
$84,095
--- - - - - --
----- - - - - --
$93,095
----- - - - - --
--- - - - - -- ------
$92,473.
--- - - - - -- ------
- - - - --
$622
- - - - --
$71,405
$73,905
$73,882
$23
40,150
30,650
30,584
66
2,980
2,480
2,158
322
100,000
100,000
30,356
69,644
--- - - - - --
$214,535
--- - - - - --
----- - - - - --
$207,035
----- - - - - --
--- - - - - -- ------
$136,980.h/
--- - - - - -- ------
- - - - --
$70,055
- - - - --
$9,550
$1,600
$1,571
$29
2,275
11,225
11,116
109
1,000
500
446
54
--- - - - - --
$12,825
--- - - - - --
----- - - - - --
$13,325
----- - - - - --
--- - - - - -- --------
$13,133 -&/
--- - - - - -- ------
---
$192
- - - - --
$58,075
$58,075
$57,432
$643
14,220
12,060
2,889
9,171
790
790
640
150
160
160
$73,085
--- - - - - --
$71,085
----- - - - - --
$61,121 -
--- - - - - -- ------
$9,964
- - - - --
Legal:
Other services and charges $90,685 $90,685 $58,881<6/ $31,804
--- - - - - -- ----- - - - - -- --- - - - - -- ----- - - - - --
-37-
1
1
1
1
1
Form B-3
GENERAL FUND
SCHEDULE OF EXPENDITURES (CONTINUED)
BUDGET AND ACTUAL
Year Ended December 31, 1984
1984
-38-
-------------------------------------------------
Unencumbered
Original
Budget
(Overexpended)
Budget
(Revised)
Expenditures
Balance
GENERAL GOVERNMENT (continued): -------------------------------------------------
Planning:
Personal services
$9,560
$9,565
$9,565
$ -
Other services and
charges 1,170
1,165
370
795
Supplies;
500
500
- - - - -- -------
500
- - - - --
Total
----- - - - - --
$11,230
--
----- - - - - --
$11,230
----- - - - --
------
$9,935 * /
----- - - - - -- -------
$1,295
- - - - --
----- - - - -
General Government Buildings:
-
Personal services
$18,765
$17,262
$14,787
$2,475
Other services and
charges 88,250
59,000
56,722
2,278
Supplies
11,000
11,025
11,004
21
Capital Outlay
128
128
-------
-
- - - - --
Total
----- - - - - --
$118,015
----- - - - - --
$87,415
----- - - - - --
$82,641 vj
$4,77
- - - - --
TOTAL GENERAL GOVERNMENT
----- - - - - --
$717,165
----- - - - - --
$686,565
----- - - - - -- -------
'$563,717
$122,848
PUBLIC SAFETY:
Police Protection:
Personal services
$872,290
$945,500
$945,332
$168
Other services and
charges 84,860
48,000
47,352
648
Supplies
42,185
30,415
30,298
117
Capital Outlay
30,580
31,000
30,991
9
Total
$1,029,915
----- - - - - --
$1,054,915
----- - - - - --
-- 7�7
$1,053,973 ,z//.-�)
----- - - - - -- -------
---------
$942
- - - - --
Fire Protection:
Personal services
$408,145
$408,950
$408,941
$9
Other services and
charges 48,295
47,490
31,978
15,512
Supplies
18,980
18,980
11,450
7,530
Capital Outlay
70,710
70,710
17,268
53,442
Total
----- - - - - --
$546,130
- - - - --
----- - - - - --
$546,130
----- - - - - --
----- - - - - -- --
$469;637 �7
----- - - - - -- -------
-- - - - - --
$76,493
- - - - --
Protective Inspection:
Personal services
-=---
$74,225
$82,060
$82,050
$10
Other services and
charges 17,500
12,145
12,032
113
Supplies
1,375
1,395
1,384
11
--- --
Total
----- - - - - --
$93,100
----- - - - - --
$95,600
----------- ��
$95,466
$13�
Civil Defense:
Personal services
$17,895
$20,875
$2.0,225
$650
Other services and
charges 8,360
8,360
8,184
176
Supplies
975
995
982
13
Total
-----------
$27,230
----- - - - - --
----- 0 -2 -0-
$3 3
----- - - - - --
---- 2 - - - -�� ------ - -8 - --
$ 9,39 - $839
----- - - - - -- ------- - - - - --
-38-
GENERAL FUND
SCHEDULE OF EXPENDITURES (CONTINUED)
BUDGET AND ACTUAL
Year Ended December 31, 1984
1984
----------------- - - - - --
Original Budget
Budget (Revised)
-----=------------ - - - - --
Form B-3
------------------------
Unencumbered
(Overexpended)`
Expenditures Balance
------------------ - - - - --
PUBLIC SAFETY: (continued)
$199,730
$189,730
$179,983
Animal Control:
Other services and
charges
81,445
71,445
Other services and charges
$6,300
$6,450
$6,404
$46
Supplies
200
150
-
150
Total
-----------
$6,500
----- - - - - --
- $6,600
----- - - - - -- ------
$6,404 mod'
- - - - --
$196
TOTAL PUBLIC SAFETY
-----------
$1,702,875
----- - - - - --
$1,733,475
----- - - - - -- ------
$1,654,871
- - - - --
$78,604
PUBLIC WORKS:
$1,110
$1,110
$ -
Engineering:
Other services and
charges
73,460
73,460
Personal services
$159,025
$159,025
$145,392
$13,633
Other services and charges
19,490
19,490
12,463
7,027
Supplies
7,030
7,030
6,233
- - - - -- ------
797
- - - - --
Total
----- - - - - --
$185,545
----- - - - - --
----- - - - - --
$185,545
----- - - - - --
-----
$164,088//
----- - - - - -- ------
$21,457
- - - - --
Street Maintenance:
Personal services
$199,730
$189,730
$179,983
$9,747
Other services and
charges
81,445
71,445
69,017
2,428
Supplies
65,400
62,400
37,030
25,370
Total
----- - - - - -- -----
$346,575
- - -- -----
- - - - --
$323,575
- - - - --
----- - - - - -- ------
$286,030//
----- - - - - -- ------------
- - - - --
$37,545
Street Lighting:
----- - -
Personal services
$1,110
$1,110
$ -
$1,110
Other services and
charges
73,460
73,460
68,092
5,368
Total
----- - - - - -- -----
$74,570
- - - - --
$74,570
- - - - --
----- - - - - -- ------
$68,092 *//
----- - - - - -- ------
- - - - --
$6,478
- - - - --
Traffic Signs and Signals:
----- - - - - -- -----
Personal services
$23,135
$23,135
$22,842
$293
Other services and
charges
15,985
15,985
14,388
1,597
Supplies
15,150
15,150
8,661
6,489
Total
- -- $54,270-
$54,270
- - - - --
$45,891,d//
----- - - - - -- ------
$8,379
- - - - --
Tree Trimming and Removal:
----- - - - - -- -----
Personal services
$18,580
$14,000
$13,708
$292
Other services and
charges
49,065
66,920
66,910
10
Supplies
825
550
546
------
4
- --
Total
----- - - - - -- -----
$68,470 -
- - - - --
$81,470
----- - - - - --
$81,164,2.5C--
- - -
$306
TOTAL PUBLIC WORKS
----- - - - - -- -----
$729,430
- - - - --
$719,430
----- - - - - -- ------
$645,265
- - - - --
$74,165
-39-
-40-
Form
B -3
GENERAL
FUND
SCHEDULE OF EXPENDITURES (CONTINUED)
BUDGET AND ACTUAL
Year Ended December 31,
1984
1984
Unencumbered
'
Original
Budget
(Overexpended)
Budget
Revised
Expenditures
Balance
-------------------------------------------
SANITATION:
Refuse Collection and
Disposal:
Personal services
$22,670
$20,680
$20,677
$3
'
Other services and
charges
422,885
425,481
425,135
346
Supplies
1,600
915
914
1
Capital Outlay
-
79
79
-
' Total
$447,155
- - - --
$447,155
--- - - - - --
$446,805 i9lj
--- - - - - -- ---
$350
- - - - --
Weed Control:
--- -
'
Personal services
$5,395
$5,395
$243
$5,152
Other services and
charges
3,250
3,250
2,962
288
' Total
$8,645-
$8,645-
$3,205 ��.
$5,440
-
TOTAL SANITATION
--
$455,800
--
$455,800
--
$450,010
-
$5,790
LIBRARY:
Personal services
$133,925
$141,170
$140,330
$840
Other services and
charges
34,630
29,000
28,072
928
'
Supplies
42,095
43,980
43,977
3
Total
--- - - - - --
$210,650
--- - - - - --
--- - - - - --
$214,150_
--- - - - - --
--- - - - - -- ---
$212,379
--- - - - - -- ---
- - - - --
$1,771
- - - - --
MUNICIPAL PARKS:
Administration and Maintenance:
Personal services
$274,460
$284,574
$284,448
$126
'
Other services and
charges
113,965
103,157
103,147
10
Supplies
44,525
32,410
32,405
5
Capital Outlay
55,200-
74,509-
---
------
Total
--
$488,150
--- - - - - --
---------
$494,650
--- - - - - --
- -6'8 =758-
$488,758 *,D
--- - - - - -- ---
$5,892
- - - - --
-40-
Form B -3
GENERAL FUND
SCHEDULE OF EXPENDITURES (CONTINUED)
BUDGET AND ACTUAL
Year Ended December, 31, 1984
1984
-------------------------------------------------
Unencumbered
Original Budget (Overexpended)
Budget (Revised) Expenditures Balance
------------------------------------------- - - - - --
UNALLOCATED EXPENSE:
Taxes and licenses
$500
$500
$ -
$500
Other miscellaneous
127,480
127,480
2,607
124,873
- - - - --
Total Unallocated
----- - - - - --
$127,980
----- - - - - --
$127,980
----- - - - - -- -------
$2,607 i9075;r$125,373
Total Expenditures
$40432,050
$4,432,050
$4,017,607
$414,443
Other Financing Uses:
TRANSFERS TO OTHER FUNDS
Recreation
$94,800
$94,800
$94,800
$ -
PARA Transit Fund
10,000
10,000
7,552
-------
2,1448
- - - - --
Total Transfers
----- - - - - --
$104,800
----- - - - - --
$104,800
----- - - - - --
$102,352
$2,448-
Grand Total
-----------
$4,536,850
----- - - - - --
$4,536,850
----- - - - - -- ------
$4,119,959
$416,891
-41-
1
1
1
1
1
1
1
1
HE CITX OF COLU% A HEIGHTS, MINNESOTA
NNUA rTINABCIAL EP RT
EAR iNDED llECEMBER L
SPECIAL REVENUE FUNDS
Special Revenue Funds are used to account for the proceeds of specific
revenue sources which finance specified activities as required by law
or administrative regulation.
The Revenue Sharing Fund is established by federal legislation to
account for the receipt and expenditure of general revenue sharing
funds. The Paratransit Fund is established by agreement with the
Minnesota Department of Transportation to account for the receipt
of state grants and rider fees and expenditures for commission
established by an agreement between the City and I.D.S. 413 School
Board. The Municipal State Aid Street Fund is maintained according
to state statute for the maintenance and construction of streets on
Municipal State -Aid System.
TABLE OF CONTENTS
Combining Balance Sheet
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Statements of Revenues, Expenditures and
Changes in Fund Balance:
Revenue Sharing Fund
Park Dedication Fees
Recreation and Community Services Fund
Paratransit Fund
Municipal State Aid Street Fund
Cable Television Fund
Page
Form C 42 -43
Form C -1 44 -45
Form C -2
Form C -3
Form C -4
Form C -5
Form C -6
Form C -7
46
47
48
49
50
51
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31,
1984
With Comparative Totals
for December 31,
1983
Park
Recreation —
Revenue
Dedication
& Community
Sharing
--- - - - - --
Fee
--- - - - - --
Services
--- - - - - --
ASSETS
Cash:
Treasurer's balance
$5,964
$ -
$ - .
Imprest cash
--
--- - - - - --
100
--- - - - - --
Total Cash
--- - - - -
$5,964
$ -
$100
Investments, at cost
403,547
25,529
51,809
Accounts receivable
-
-
-
Due from other governmental units:
Due from Federal- Revenue Sharing
28,096
-
-
Due from State of Minnesota
-
-
- - - - --
-
--- - - - - --
Total Assets
--- - - - - --
$437,607
---
$25,529
$51,909
LIABILITIES, AND FUND BALANCE
- - - - -=
-----------------------
Liabilities:
Accounts payable
$ -
$ -
$2,357
Accrued salaries payable
-
-
3,650
Accrued social security /P.E.R.A.
payabl -
-
339
Due to Other Funds
-
-
-
Due to Other Government Units
-
-
- - --
-
--- - - - - --
Total Liabilities
--- - - - - --
-
--- - - - - --
--- - -
$ -
--- - - - - --
$6,346
--- - - - - --
Fund Balance:
Reserved for encumbrances
122,489
$ -
$ -
Unreserved:
Designated for subsequent year's
expenditures
102,810
-
12,000
Undesignated
212,308
25,529
33,563
Total Fund Balance
$437,607
--- - - - - --
$25,529
--- - - - - --
$45,563
--- - - - - --
Total Liabilities, and
Fund Balance
$437,607
$25,529
$51,909
-42-
1 ,
1
1 Form C
1
1 Municipal Totals
State Cable ------------------------
Paratransit Aid Television 1984 1983
--- - - - - -- - - - - -- --- - - - - -- ------------------------
1
1 $ - $ - $ - $5,964 $4,729
100 100
--- - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- --- - - - - --
$ $ - $ - $6,064 $4,829
10,402 61,322 76,111 628,720 513,792
- - 12,565 12,565 11,080
1 - - - 28,096 28,167
1,566 32,852 - 34,418 82,460
1 --- - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- --- - - - - --
$11,968 $94,174 $88,676 $709,863 $640,328
$2,357 $817
1 - - - 3,650 2,847
339 298
34,972 - 34,972 101,474
11,968 - •- 11,968 5,655
1 ;; - -68- --- - - - -2- _�- - - - - -- ------
_ --
$ ,9 $34,972 $ $53,286 $111,091
--- - - - - -- --- - - - - -- --- s_ - - - -- --- - - - - -- ---------
$ _ $ _ $ _ $122,489 $546
1 - 11,095 - 125,905 325,862
48,107 88,676 408,183 202,829
$59,202- - $88,676_ $656,577_ $529_237_
1 - $11,968- $94,174 = = $88,676- $709,863- $640,328-
1 -43
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
. Year Ended December 31, 1984
With Comparative Totals for Year Ended December 31, 1983
------------------------------
Recreation &
Revenue Park Community
Sharing Dedication Services
—
Revenues: - - --- - - - - -- --- - - - - --
Revenue from other agencies:
Federal
State of Minnesota
Independent School District #13
Interest earnings
Fees
Total Revenues
Other Financing Sources:
Transfers from other funds
Total Revenues and Other Sources
Expenditures:
Public Safety
Street and engineering
Libary
Recreation
General Government
State -aid construction & maintenance
Para transit
Cable Television
Miscellaneous
Parks
Total Expenditures
Other Uses:
Transfer to other funds
Total Expenditures and other uses
Excess of Revenues and Other Sources
over (under) Expenditues and other
uses
Fund balance at beginning of year
Fund balance at end of year
-44-
$112,599 $ - $ -
94,800
51,406 10,511 -
71,104,,,? e-,
--- - - - - -- --- - - - - -- --- - - - - --
$164,005 $10,511 $165,904
94,800
--- - - - - -- --- - - - - -- --- - - - - --
$164,005 $10,511 $260,704
--- - - - - -- --- - - - - -- --- - - - - --
$2,099 $ -
$ -
12,447 -
-
15,893 -
-
_
264,672
1,474 -
-
14 -
-
8,999 -
-
- - --
$40,926 $ -
--- - - - - -- --- - - - -
$264,672
-- --- - - - - --
- 56,757 -
--- - - - - -- -------- --- - - - - --
$40,926 $56,757 $264,672
--- - - - - -- --- - - - - -- --- - - - - --
$123,079
($46,246)
43,968)
--- - - - - --
--- - - - - --
$314,528
--- - - - - --
$71,775
$49,531
-
--- - - - - --
$437,607
--- - - - - --
$25,529
--- - - - --
$45,563
Form C -1
-----------------------------------------------------------------
'
Municipal
Totals
State
Cable
Paratransit
--- -
Aid
--- -_ - - --
Television
--- -_ - -
1984.
1983
- -113
'
= -II- a�
$ , 3
$
--
$
$112 599.- �v
225
6,4.37-
50,132
-
56,569
680,488
'
94,80
91,105
-
-
19,683
81,600
39,353
4,890 ..;71
-
45,563 �21
121,557
94,042
$11,327
$50,132
$65,246
$467,125
$1,018,213-
' 7,552
-
-
102,352
95,527
--- - - - - --
$18,879
--- - - - - --
$50,132
--- - - - - --
$65,246
--- - - - - --
$569,477
-----------
$1,113,740
$2,099
12,447
15,893
264,672
1,474
3_295a��f _ 3,295
18,879 18,879
- - 24,756 -5<-- 24,756
14
8,999
V f J
M5&' f 879 $3,295 $24,756 $352,528
32,852 - 89,609
$18•,879 $36,147 $24,756 $442,137
-- - - - - -- --- - - - - -- --- - - - - -- -- - - - - --
$ - $13,985 $40,490 $127,340
$ - $45,217 $48,186 $529,237
$ - $59,202 $88,676 $656,577
-45-
$53,333
9,317
3,100
209,401
2,737
60,000
23,288
3,704
$364,880
685,856
$1,050,736
$63,004
$466,233
$529,237
Form C -2
n
REVENUE SHARING FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES INF FUND BALANCE
Year Ended December 31, 1984
W4.th Comparative Actual Amounts for Year Ended December 31, 1983
1984
-------------------------------------------
Variance
Favorable 1983
Budget Actual (Unfavorable) Actual
Revenues: ---- - - - - -- --- - - - - -- ---- - - - - -- --- - - - - --
Revenue from other agencies:
Federal Revenue Sharing
Revenue from'-use of- money -and property
Interest earnings-- investment
Trust Fund 4,500 51,406 46,906
$115,600 $112,599 ($3,001) $113,225
Total Revenue
Expenditures:
Capital Outlay:
Public Safety
Street and engineering
Library
General Government
Parks
Other general government
. Total Expenditures
Other Uses:
Transfer to other funds
Total Expenditures
and Other Uses
Excess of Revenues over
(under) Expenditures and
Other Uses
Fund balance at beginning of year
Fund balance at end of year
$120,100 $164,005 $43,905
�
�J
I
$121,500
$2,099 $119,401
63,730
12,447!11
51,283
22,880
15,8931-lb
6,987
16,785
1,474 -.i�
15,311
103,500
8,999 -90
94,501
-
14 _3
(14)
'C -- - - - - --
$328,395
---- - - - - --
--- - - - - -- -----------
$40,926 $287,469
--- - - - - -- ---- - - - - --
$328,395 $40,926 $287,469
29,368
$142,593
$53,333
9,317
3,100
-452
2,285
.$68,487
60,000
$128,487
($208,295) $123,079 $331,374 $14,106
314,528 314,528 - 300,422
---- - - - - -- --- - - - - -- ---- - - - - -- --- - - - - --
$106,233 $437,607 $331,374 $314,528
-46-
1
1
1
I
HI
Form C -3
PARK DEDICATION FEES
STATEMENT OF REVENUE, E %PENDITURES AND
CHANGES IN FUND BALANCE
Year Ended December 31, 1984
With Comparative Amounts for Year Ended December 31, 1983
1984
-----------------------------------
Variance
Favorable 1983
Budget Actual (Unfavorable) Actual
Revenues: - - - - -- --- - - - - -- ------ - - - - -- --- - - - - --
Revenue from use of money and property
Interest-earnings - Investment
Trust Fund $ - $10,511 $10,511 $8,223
' Expenditures: - - - - -- --- - - - - -- ------ - - - - -- --- - - - - --
Transfer to General Fund $55,200 $56,757 ($1,557) $20,284
Excess of Revenue over
(under) Expenditures ($55,200) ($46,246) $8,954 ($12,061)
' Fund balance at beginning of year 71,775 71,775 - 83,836
---- - - - - -- --- - - - - -- ------ - - - - -- --- - - - - --
Fund balance at end of year $16,575 $25,529 $8,954 $71,775
1
1
' -47-
Form C -4
RECREATION AND COMMUNITY SERVICES FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
Year Ended December 31, 1984
With Comparative Actual Amounts for Year Ended December 31, 1983
Revenues:
Revenue from other agencies:
Indep'ondent School District #13
Fees
Total Revenues
Other Financing Sources:
Transfers from other funds
Total Revenues and Other
Sources
Expenditures:
Personal services
Other services and charges
Supplies
Capital Outlay
Other expenses:
Playground
Athletic supplies
Beach program
Traveling teams
Adult Softball
Trips & Outings
Community Affairs
Total Expenditures
Excess of Revenues and Other
over (under) Expenditures
Fund balance at beginning of year
Fund balance at end of year
-48-
1984
----------------------------------
Variance
Favorable
1983
Budget
--- - - - - --
Actual
--- - - - - --
(Unfavorable)
------- - - - - --
Actual
--- - - - - --
$94,800
$94,800
$ -
$91,105
66,190
71,104,
4,914
--
41,858
--- - - - - --
--- - - - - --
$160,990
--- - - - - --
$165,904
------- - - - -
$4,914
$132,963
94,800
94,800
-
- - - - --
91,105
--- - - - - --
--- - - - - --
$255,790
--- - - - - --
--- - - - - --
$260,704
--- - - - - --
-------
$4,914
------- - - - - --
$224,068
--- - - - - --
$171,590
$167,268
$4,322
$161,363
34,185
24,521
9,664
22,347
6,215
5,008
1,207
5,303
-
7,802
(7,802)
-
2,030
1,802
228
1,750
455
405
50
394
6,950
7,740
(790)
6,640
12,040
11,755
285
11,604
12,075
9,969
2,106
-
14,250
19,035
(4,785)
-
9,500
9,367
133
- - --
-
--- - - - - --
--- - - - - --
$269,290
--- - - - - --
$264,672
------- - -
$4,618
$209,401
($13,500)
fl
($3,968)
c --
$9,532
$14,667
49,531
49,531
-
- - - - --
34,864
--- - - - - --
--- - - - - --
$36,031
--- - - - - --
$45,563
-------
$9,532
$49,531
-48-
Form C -5
PARATRANSIT FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
Year Ended December 31, 1984
With Comparative Actual Amounts for Year Ended December 31, 1983
Revenues:
Revenue from other agencies
State grant
Paratransit fares
Total Revenues
Other Financing Sources:
Transfer from General Fund
Total Revenues and
Other Sources
Expenditures:
Personal services
Other services and charges
Total Expenditures
Excess of Revenues and
Other Sources over (under)
Expenditures
Fund balance at beginning of year
Fund balance at end of year
10,000
--- - - - - --
1984
(2,448)
- ----
4,422
--- - - - - --
---------------------------------
$18,879
Variance
$23,288
$3,100
$2;106-
Favorable
1983
Budget
--- - - - - --
Actual
--- - - - - --
(Unfavorable)
------- - - - - --
Actual
--- - - - - --
$20,200
$6,437
($13,763)
$12,346
6,525
4,890
(1,635)
6,520
$26,725
- $11,327-
- -- ($15,398)
$18,866
10,000
--- - - - - --
7,552
--- - - - - -- --------
(2,448)
- ----
4,422
--- - - - - --
$36,725
$18,879
($17,846)
$23,288
$3,100
$2;106-
$994
$2,080
33,625
16,773
16,852
21,208
$36,725
$18,879,
$17,846
$23,288
--- - - - - -- --- - - - - -- ------- - - - - -- --- - - - - --
-49-
it
Form C -6
MUNICIPAL STATE -AID STREET FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
Year Ended December 31, 1984
With Comparative Actual Amounts for Year Ended December 31, 1983
1984
----------------------------------
Variance
Favorable 1983
Budget Actual (Unfavorable) Actual
Revenues: --- - - - - -- --- - - - - -- ------- - - - - -- --- - - - - --
State of Minnesota:
Gasoline tax apportionment-
maintenance
construction
Total Revenue
Expenditures:
Maintenance costs
Other Uses:
Transfers to Other Funds
Total Expenditures
and Other Uses
Excess of Revenues over
(under) Expenditures and
Other Uses
Fund balance at beginning of year
Fund balance at end of year
$60,000
$17,280
($42,720)
$62,570
-
32,852
32,852
605,572
--
--- - - - - --
$60,000
--- - - - - --
--- - - - - -- -------
$50,132
--- - - - - -- -------
- - - - --
.($9,868)
- - - - --
--- - - - -
$668,142
--- - - - - --
$ -
$3,295
($3,295)
$60,000
60,000
--- - - - - --
32,852
--- - - - - -- -------
27,148
- - - - --
605,572
--- - - - - --
$60,000
--- - - - - --
$36,1 .47
--- - - - - -- -------
$23,853
- - - - --
$665,572
--- - - - - --
$ -
$13,985
$13,985
$2,570
- - - - --
--- - - - - --
45,217
--- - - - - -- -------
45,217
- - - - --
-
- - - - --
---
42,647
--- - - - - --
--- - - - - --
$45,217
--- - - - - -- -------
$59,202
$13,985
$45,217
-50-
CABLE TELE
STATEMENT OF REVENUE
CHANGES IN
' Year Ended Dec
With Comparative Amounts for
Revenues: _
Revenue from other agencies:
Franchise fees
' Revenue from use of money and property
Interest earnings - Investment
Trust Fund
Total Revenue
Expenditures:
' Personal services
Other services and charges
Supplies
' Capital Outlay -
Total Expenditures
' Excess of Revenue over
(under) Expenditures
' Fund balance at beginning of year
Fund balance at end of year
1
Form C -7
VISION FUND
, EXPENDITURES AND
FUND BALANCE
ember 31, 1984
Year Ended December 31, 1984
1984
---------------------------------
Variance
Favorable 1983
Budget Actual (Unfavorable) Actual
$46,000 $45,563 ($437) $45,664
-
19,683
19,683
1,762
$46,000
-- - - - - --
$65,246
--- - - - - -- -------
$19,246
- - - - --
$47,426
--- - - - - --
$20,750
$20,748
$2
$ _
9,600
3,968
5,632
3,529
250
40
210
175
19,050
-
19,050
-
$49,650
-------- -
$24,756
- - --
$24,894
$3,704
($3,650)
$40,490
$44,140
$43,722
48,186
48,186
-
4,464
$44,536
$88,676
---- - - - - --
.$44,140
--- - - - - --
$48,186
-51-
HE CITY OF COLUM WiRT, HEIGHTS, MINNESOTA
NN ft FINABCIAL EA R NDED ECEMBER I, g y
DEBT SERVICE FURS
Debt Service Funds are used to account for the collection of tax
levies and other revenues and to record the payment of principal
and interest on outstanding General Obligation bonds.
TABLE OF CONTENTS
Page
Combining Balance Sheet Form D 52 -53
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances Form D -1 54-55
DEBT SERVICE FUNDS
COMBINING BALANCE SHEET
December 31, 1984
With Comparative Totals for December 31, 1983
y11 q 7
Capital
Storm Sewer City Garage Improvements
Bonds of Bonds of Bonds of
1965 1972 1976
ASSETS - -- - - -- - - - - -- ---- - - - --•
Cash:
Treasur•e,-'s balance $ - $ - $ -
Depost!ed with paying agent - - -
Investments, at cost 70,234 10,763 49,456
Taxes receivable- unremitted 609 - -
Taxes receivable- delinquent 1,761 - -
Less: Allowance for uneolleetable taxes (1,761) - -
Total Assets $70,843 $10,763 $49,456
LIABILITY AND FUND BALANCE
Liability:
Matured bonds and interest payable $ - $ - $ -
Fund balance- reserved for debt service
-- Form D -1 70,843 10,763 49,456
Total Liability and Fund Balance $70,843 $10,763 $49,456
-52-
Form D
Tax Increment Totals
Bonds of --- - - - - --
1984 1984 1983
------ - - - - -- --- - - - - -- --- - - - - --
6,853 592,393
6,731
1,761
- (1,761)
$6,853 $599,124
$204
104,044
148,400
4,340
(4,340)
$252,648
$104,044
6,853 599,124 148,604
- - - -- $6,853 $599,124 $252,648
------ - - - - -- --- - - - - --
-53-
Tax Increment
Tax
Increment
Bonds of
Bonds of
'1980
--- - - - - --
--- -
1982
- - - --
'
455,087
6,122
'
--- - - - - --
---
- - - - --
$461,209
$
-
$
461,209
-
1
$461,209
$
Form D
Tax Increment Totals
Bonds of --- - - - - --
1984 1984 1983
------ - - - - -- --- - - - - -- --- - - - - --
6,853 592,393
6,731
1,761
- (1,761)
$6,853 $599,124
$204
104,044
148,400
4,340
(4,340)
$252,648
$104,044
6,853 599,124 148,604
- - - -- $6,853 $599,124 $252,648
------ - - - - -- --- - - - - --
-53-
DEBT
SERVICE FUNDS
COMBINING STATEMENT OF
REVENUES, EXPENDITURES
AND
CHANGES IN FUND
BALANCES
Year Ended December
31, 1984
With Comparative Totals for
Year Ended December 31,
1983
qO
Storm Sewer
City Garage
Bonds of
Bonds
1965
1972
Revenues:
General property taxes:
Collected by county
Current ad valorem
$ -
$ -
Delinquent ad valorem
2,140
-
Penalties & interest
256
-
Revenue from other sources:
Property tax relief (Homestead)
-
-
Sale of land
-
-
Interest earnings:
Investment Trust Fund
-
-
Inter -fund loans
-
-
Total Revenues
---- - - - - --
$2,396
--- - - - - --
$ -
Other Financing Sources:
Transfers from:
Downtown Development
-
-
Sewer Utility Fund
-
-
--- - - - - --
Total Revenues and Other
---- - - - - --
Sources $2,396
- --
$ -
--- - - - - --
Expenditures:
---- - - -
Bonds matured
$140,000
$ -
Interest on bonds
5,040
-
Fiscal agent charges
85
-
Total Expenditures
$145,125
$ -
--- - - - - --
Excess of Revenues and Other
---- - - - - --
Sources
over (under) Expenditures
($142,729)
$ -
Fund balance at beginning of year
213,572
10,763
- - - --
Fund balance at end of year
---- - - - - --
$70,843
--- -
$10,763
-54-
-55-
'
Form D -1
Capital
qf
,.
Improvement
Tax Increment
Tax Increment
Tax Increment
Totals
Bonds of
Bonds of
Bonds of
Bonds of
- - - - --
'
1976
--- - - - - --
1980
----- - - - - --
1982
--- - - - - --
. 1984
------- - - - - --
1984
----- - - - - --
1983
---- - - - - --
$ -
$524,483
$ -
$ -
$524,483
$156,845
_
_
_
_
2,140
3,668
_
_
-
256
-
-
51,315 `�
�
-
-
51,315
46,047
-
10,649 I
-
-
10,649
181,377
6,853
6,853
31,717
1,069
;e
--- -_ - - --
$
----- - - - - --
$586,447
--- -_ - - --
$
------- - - - - --
$6,853
----- - - ---
$595,6 9 6
---- - - - - --
$420,723
-
682,243
480,318
-
1,162,561
30,200
15_000-
--- - - - - --
$ -
--- - - - - --
----- - - - - --
$1,268,690
----- - - - - --
--- - - - - --
$480,318
--- - - - - --
--- ---------
$6,853.
------- - - - - --
----- - - - - --
$1,758,257
----- - - - - --
---
$465,923
---- - - - - --
$ -,
$10,000
$450,000
$ -
$600,000
$255,000
-
671,750
30,150
-
706,940
717,_710
'
-
4 4
9
218
-
797
7-
--- - - - - --
$ -
--- - - - - --
----- - - ---
$682,244
----- - - - - --
--- - - - - --
$480,368
--- - - - - --
------- - - - - --
$ -
------- - - - - --
----- - - - - --
$1,307,737
----- - - - - --
- - - - -- --
$973,412
---- - - - - --
$ -
$586,446
($50)
$6,853
$450,520
($507,489)
49,456
(125,237)
50
-
148,604
656,093
�,
--- - - - - --
$49,456
----= - - - - --
$461,209
--- - - - - --
$ -
------- - - - - --
$6,853
----- - - - - --
$599,124
---- - - - - --
$148,604'
-55-
HE CIT OF-1COLUM�IAQHEIGHTS, MINNESOTA
EARA�NDEDAllECEMBERF5,1'784 1
CAPITAL PROJECT FUNDS
Capital Project Funds are maintained to account for the
construction of major capital facilities. Project appli-
cations are a combination of several revenue sources, such
as municipal state -aid streets, special assessments, sewer
utility fund, other governmental units, State and Federal
Grants, etc.
TABLE OF CONTENTS
Combining Balance Sheet
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Page
Form E 56 -57
Form E -1 58-59
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
December 31, 1984
With Comparative Totals for December
31, 1983
Capital
Improvement
Fund 308'
ASSETS
------- ---
Cash:
,Treasure-Is balance
($114,953)
Investments at cost
-
Accounts receivable
-
Accrued interest
-
Due from other government units
-
Total Assets
($114,953)
LIABILITIES AND FUND BALANCE
------------------------------
Liabilities:
Accounts payable
$7
Contracts payable
5,061
Due to other government units
-
Accrued salaries payable
38
Total Liabilities
$5,106
Fund balance:
Reserved for encumbrances
Unreserved
Designated for subsequent year's expenditures
$ -
Undesi.gnated
(120,059)
Total Fund Balance
($120,059)
Total Liabilities and Fund Balance
($114,953)
-56-
Form E
Downtown Land
Downtown
Totals
Acquisition
Univ.Ave.Proj.
-- --- -- -- -- -- ----------198
1984
3
'
Murzyn Hall
Sullivan
Renovation
Lake
'
Fund -309-
80-
Fund -807
'
($11,716)
$ -
_
-
18,910
-
_
-
--- - - - - --
($11,716)
--- - - - - --
- $18,910-
-
110,753
- - - - --
-
-----------
----- - - - - --
$1,028,335
$2,103
$ -
$1,685,450
'
$2,103
---------
$
-- - - - - --
'
_
_(13,819)
($13,819)
-_18,910
$18,910
'
($11,716)
$18,910
1
1
Form E
42,842
-- $-- - - - - -- $42,842
-- '--- - - - - -- ----- - - - - --
1,028,335 113,289
$1,028,335 $113,289
----- - - - - -- ----- - - - - --
$1,028,335 $156,131
-57-
$2,110 $ -
5,061
42,842
38 476
----------- ------
$50,051 $476
$ _ $62,788
1,026,656 1,622,186
$1,026,656 $1,6849974
----- - - - - -- ----- - - - - --
$1,076,707- $1,685,450_
Downtown Land
Downtown
Totals
Acquisition
Univ.Ave.Proj.
-- --- -- -- -- -- ----------198
1984
3
Fund 312
----- - - - - --
Fund 313
----- - - - - --
----------------------------
$ _
$ _
($126,669)
$164
917,582
154,855
1,091,347
1,647,980
_
1,276
1,276
-
_
-
37,306
110,753
-
110,753
- - - - --
-
-----------
----- - - - - --
$1,028,335
----- - - - - --
$156,131
-----
$1,076,707
$1,685,450
42,842
-- $-- - - - - -- $42,842
-- '--- - - - - -- ----- - - - - --
1,028,335 113,289
$1,028,335 $113,289
----- - - - - -- ----- - - - - --
$1,028,335 $156,131
-57-
$2,110 $ -
5,061
42,842
38 476
----------- ------
$50,051 $476
$ _ $62,788
1,026,656 1,622,186
$1,026,656 $1,6849974
----- - - - - -- ----- - - - - --
$1,076,707- $1,685,450_
CHANGES IN FUND BALANCES
CAPITAL PROJECTS FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
Year Ended December 31, 1984
With Comparative Totals for Year ended December 31, 1983
Capital Murzyn
Improvement Hall Renov.
Fund 308 Fund 309
Revenues:
Interest earnings - Investment Trust Fund $ - $ -
Other Financing Sources:
Transfers from other funds
Proceeds from sale of bonds
Total Revenues and Other Sources
Expenditures:
Construction contracts
Other project expenditures
Bond issue expense
Total Expenditures
Other Financial Uses:
Transfers to other funds
Total Expenditures and Other Uses
Excess of Revenues and Other Sources
over (under) Expenditures and Other Uses
Fund balance at beginning of year
Fund balance at end of year
ME
----- - - - - -- ----- - - - - --
$172,350 13,81
10,497 -
-- $182,847- -13,81
----- - - - - -- ----- - - - - --
$182,847 ($13,819)
----- - - - - -- ----- - - - - --
($182,847) $13,819
62,788 -
----- - - - - -- ----- - - - - --
($120,059) $13,819
Downtown.
Land Acq.
Fund 312
$68,464
' - 2,392
--- - - - - -- ----- - - - - --
' $ $70,856
$ _ ($36,494)
48
'--- $ ------- ----- - -----
1 --- - - - - --
' 18,910_
$18,910
Form E -1
Downtown
480,318
Totals
Univ.Ave.Proj. --
- - - - --
Fund 313
----- - - - - --
1984
-----------------------------
Sullivan
$ -
Lake
$137,479
Fund 807
2,392
'347,468
1,070,000
1,070,000
Downtown.
Land Acq.
Fund 312
$68,464
' - 2,392
--- - - - - -- ----- - - - - --
' $ $70,856
$ _ ($36,494)
48
'--- $ ------- ----- - -----
1 --- - - - - --
' 18,910_
$18,910
Form E -1
Downtown
480,318
Totals
Univ.Ave.Proj. --
- - - - --
Fund 313
----- - - - - --
1984
-----------------------------
1983
$ -
$68,464
$137,479
---- - - - -
($192,433)
2,392
'347,468
1,070,000
1,070,000
-
---- - - --
----- - - - - --
$1,070,000
----- - - - - --
----- - - - - --
$1,140,856
----- - - - - --
- -
$484,947
- -- ---
$454,074
$603,749
$7,288
-
10,545
632,992
22,319
22,319
-
-- $476,393
$636,613
$640.,280
682,243
480,318
1,162,561
37,100
--- -
-- $_
645,797
-- -
$956,711
$1,799,174
$677,380
--
----- - - - - --
($574,941)
----- - - - - --
$113,289
----- - - - - --
($658,318)
---- - - - -
($192,433)
1,603,276
-
1,684,974-
1,877,407
---- - - - - --
----- - - - - --
$1,028,335
----- - - - - --
$113,289
---- - - - - --
$1,026,656
1,684,974
-59-
HE CITY OF COLUM$IA HEIGHTS, MINNESOTA
NNUA�NDED F I NA�JC I AL KEPQRT 1984
EAR llECEMBER 1,
SPECIAL ASSESSMENT FUNDS
The Permanent Improvement Revolving Fund is used to advance to
local improvement funds the cost of improvements for which
assessments are to be levied.
Special Assessment Bonds are established according to Chapter 8
of the home rule charter and Minnesota Statutes, Chapter 429.
They are used to record the proceeds of bonds used to construct
public improvements which, in turn, are fully or partially assessed
against individual benefited properties. '
TABLE OF CONTENTS
Page
Combining Balance Sheet Form F 60
Combining Statement of Revenues, Expenditures
and Changes in -Fund Balances Form F -1 61
Combining Statement of Changes in Fund Balance Form F -2 62
Form F
SPECIAL ASSESSMENT FUNDS
COMBINING BALANCE SHEET
December 31, 1984
With Comparative Totals for December 31, 1983
Permanent Permanent
Improvement Improvement Totals
Revolving Revolving - - - - --
- Fund Bond Fund ------ 1984------- -1983-
----- ------ - - - - --
ASSETS
Cash
Treasurer's balance $ - $ - $ - $126
Investments, at cost
2,062,517
53,698
2,116,215
1,574,600
Accounts receivable
-
-
-
2,889
Special assessments receivable
Unremitted
3,553
-
3,553
Delinquent
154,154
-
154,154
152,744
Deferred
857,906
-
857,906
1,048,215
Allowance for delinquent assessments_
(154,154)
-
(154,154)
(152,744)
Due from State Aid Fund
34,972
-
34,972
101,474
Total Assets
----- - - - - --
$2,958,948
------ - - - - --
$53,698
----- - - - - --
$3,012,646
----- - - - - --
$2,727,304
LIABILITIES AND FUND BALANCE
------------------------------
Liabilities
Accounts payable
Accrued payroll
$ -
$ -
$ -
962
Contracts payable
-
-
-
31,168
Deposits
8,511
-
8,511
8',511
Bonds payable
-
2,600,000
2,600,000
2,550,000
Deferred revenue
857,906
-
857,906
1,048,215
Total liabilities
$866,417
----- - - - - --
$2,600,000
------ - - - - --
$3,466,417
----- - - - - --
$3,638,856
----- - - - - --
Fund Balance (deficit)
Unreserved - Undesignated $2,092,531 ($2,546,302) ($453,771) ($911,552)
----- - - - - -- ------ - - - - -- ----- - - - - -- ----- - - - - --
Total liabilities and
fund balance $2,958,948- -_ -- $53,698- $3,012,646- '$2,727,304-
.e
1
C
1
7
u
1
Form F -1
SPECIAL ASSESSMENT FUNDS
' COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
Year Ended December 31, 1984
With Comparative Totals for Year Ended December 31, 1983
Revenues:
Special assessments
Interest earnings
' Administration charges on projects
Miscellaneous
r
Total Revenues
Other Financing Sources:
Transfers from:
Permanent Improvement
Revolving Fund
State Aid Fund
Total Revenues and
Other Sources
Expenditures:
Capital project expenditures:
Construction contracts
Other project costs
Administration costs
Interest on bonds
Fiscal agent charges
Bond issue costs
Total Expenditures
Other Financing Uses:
Transfered to Downtown
Development
Transfer to Permanent Improv-
ement Revolving Bond Fund
Permanent Permanent
Improvement
Improvement
" $838,368
Totals
Revolving
Revolving
69,213 -
- - - - --
Fund
Bond Fund
1984
1983
----- - - - - --
--- - - - - -- ------------------------
13,518 -
13,518
$539,035
$ -
$539,035
$594,541
269;545
16,916
286,461
185,020
22,841
-
22,841
24,966
5,435
-
5,435
69,090
----- - - - - --
$836,856
--- - - - - -- -----
$16,916
- - - - --
$853,772
----- - - - - --
$873,617
- 152,275 152,275 170 -,927
32,852 - 32,852 605,572
$869,708 $169,191 $1,038,899 $1,650,116
$83,745 $ -
$83,745
" $838,368
90,344 -
90,344
151,893
69,213 -
69,21
54,511
- 170,850
170, 0
170,850
1,173
1,173 77
d;
13,518 -
13,518
. -
=
----- - - - - -- --- - - - - --
$256,820 $172,023
----- - - - - --
$428,843
----- - - - --
$1,215,699
287,467
152,275 - 152,275 170,927
Total Expenditures and other----------- .--- - - - - -- ----- - - - - -- ----- - - - ---
Uses $409,095 $172,023 $581,118 $1,674,093
- ----- - - - - -- --- - - - - -- ----- - - - - -- ----- - - - - --
Excess of Revenues and Other
Sources over (under) Expend-
itures and other Uses $460,613 ($2,832) $457,781 ($23,977)
WE
Form F -2
SPECIAL ASSESSMENT FUNDS
COMBINING STATEMENT OF CHANGES IN FUND BALANCE
. Year Ended December 31, 1984
With Comparative Totals for December 31, 1983
Permanent Permanent
Improvement Improvement . Totals
Revolving Revolving - - - - --
Fund. Bond Fund 1984 1983
Fund balance at beginning
----- - - - - --
------ - - - - --
---- - - - - --
----- - - - - --
of year
as originally reported
$1,631,918
($2,543,470)
($911,552)
$297,534
Adustment for change in
accounting for special
assessment revenues
-
-
-
(1,185,109)
As Adjusted
----- - - - - --
$1,631,918
------ - - - - --
($2,543,470)
---- - - - - --
($911,552)
----- - - - - --
($887,575)
Excess of Revenues and
other sources over (under)
Expenditures and other uses
460,613
(2,832)
457,781
(23,977)
Fund Balance at end of year
----- - - - - --
$2,092,531
------ - - - - --
($2,546,302)
---- - - - - --
($453,771)
----- - - - - --
($911,552)
-62-
HE CIT�INABCIAL OF COLUM IA HEIGHTS, MINNESOTA
NNUA KEP RT
EAR iNDED ECEMBER 5L 138
HOUSING AND
REDEVELOPMENT
AUTHORITY
Table of Contents
Page
Combining Balance Sheet Form G 63 -64
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances- Budget and Actual Form G -1 65 -66
Combining Statement of Changes in Fund Balance Form G -2 67
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-64-
HOUSING AND REDEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -
BUDGET AND ACTUAL
GOVERNMENTAL FUND TYPES
Year Ended December 31, 1984
Revenues:
Rents
Loans and grants - Department of
Housing and Urban Development
General obligation bond proceeds
thorugh City of Columbia Heights
Other revenue
Total Revenues
Expenditures:
Administration
Utilities, maintenance and operations
Loans and grants
Rental assistance
Property acquisition /site
improvements
Legal
Interest
Other expenditures
Total Expenditures
Excess (deficiency) of revenues over
expenditures
Fund balance at beginning of year
Fund balance at end of year
The accompanying notes are an integral
part of the financial statements
.General Fund
--------------------------------
Variance
Favorable
Budget Actual (Unfavorable)
------ - - - - -- --- - - - - -- --- - - - - --
775,000 495,569 (279,431)
80,570 105,621 25,051
------ - - - - -- --- - - - - -- --- - - - - --
855,570 601,190 (254,380)
------ - - - - -- --- - - - - -- --- - - - - --
-65-
77,065
64,785
18,720
715,000
20,000
895,570
(40,000)
653,671
$613,671
87,131
54,710
20,261
429,140
27,354
179
618,775
(17,585)
653,671
$636,086
(10,066)
10,075
(1,541)
285,860
(7,354)
(179)
276,795
22,415
$22,415
r
' Special Revenue Fund
(Low- Income Housing Fund and
Downtown Development Fund)
-------------- - - - - -- Variance
Favorable
' Budget - -- Actual - -- (Unfavorable)
' $128,400
167,011
2,061
9,200
' 306,672
' 51,056
154,666
109,450
' 2,000
7,500
' 324,672
$135,667
295,192
105,796
35,394
572,049
38,438
132,097
210,942
4,248
106,852
29,779
522,356
$7,267
128,181
85,735
26,194
247,377
12,618
22,569
(101,492)
(2,248)
(.106,852)
(22,279)
(197,684)
' - 49,693 49,693
335,255 335,255 -
' $335,255 $384,948 $49,693
Form G -1
1,220,242 1,141,131 79,111
---- - - - - -- ----- - - - - -- -- - - - - --
(40,000)
Totals
988,926
988,926 -
(Memorandum
only)
Variance
Favorable
Budget
Actual
(Unfavorable)
$128,400
$135,667
$7,267
167,011
295,192
128,181
795,061
601,365
(193,696)
89,770
141,015
51,245
1,180,242
1,173,239
(7,003)
128,121
125,569
2,552
154,666
132,097
22,569
64,785
54,710
10,075
18,720
20,261
(1,541)
824,450
640,082
184,368
22,000
31,602
(9,602)
-
106,852
(106,852)
7,500
29,958
(22,458)
1,220,242 1,141,131 79,111
---- - - - - -- ----- - - - - -- -- - - - - --
(40,000)
32,108 72,108
988,926
988,926 -
$948,926
----- - - - - --
$1,021,034 $72,108
----- - - - - -- --- - - - - --
an
Form G -2
HOUSING AND REDEVELOPMENT AUTHORITY OF
COLUMBIA HEIGHTS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUND TYPES
Year ended December 31, 1984
Totals
Special (Memorandum only)
General Revenue ----------------- - - - - --
Fund Fund 1984 1983
--- - - - - -- --- - - - - -- ----- - - - - -- ----- - - - - --
Revenues:
Rents
$ -
$135,667
$135,667
$126,790
Loans and grants:
Economic Development Admin.
-
-
-
153,111
Community Development Block Grant
-
75,786
75,786
430,109
Department of Housing and Urban
Development
-
295,192
295,192
201,862
General obligation bond proceeds
through City of Columbia Heights
495,569
105,796
601,365
604,298
Other revenues
105,621
103,647
209,268
118,488
Total Revenues
--- - - - - --
601,190
--- - - - - --
716,088
----- - - - - -- -----
1,317,278
----- - - -- -----
- - - - --
1,634,658
- - - -
Expenditures:
--- - - - - --
--- - - - - --
- -
--
Administation
87,131,
44,804
131,935
140,411
Utilities, maintenance and operations
-
132,097
132,097
137,571
Loans and grants
54,710
24,806
79,516
79,445
Rental assistance
20,261
-
20,261
16,581
Property acquisition /site improvement
429,140
237_,418
666,558 l
872,802
Relocation assistance
-
-
-
79,370
Legal
27,354
8,055
35,409
40,761
Principal reduction
-
-
-
108,925
Interest
-
121;193
121,193
102,644
Other expenditures
179
44,751
44,930
6,590
- -
Total Expenditures
--- - - - - --
618,775
--- - - - - --
613_024
----- - - - - -- -----
1,231,899
- - --
1,585,100
Excess (deficiency) of revenues
--- - - - - --
--- - - - - --
----- - - - - -- -----
- - - - --
over expenditures
(17,585)
102,964
85,379
49,558
Fund balance at beginning of year
-
653,671
335,436
989,107
939,549
Fund balance at end of year
--- - - - - --
$636,086
--- - - - - --
$438,400
----- - - - - -- -----
$1,074,486
- - - - --
$989,107
-67-
HE CITx OF COLUM IA HEIGHTS] MINNESOTA
NNUA TINAB�I1CIAL EP RT
EAR kNDED LECEMBER Sly 199q
EXTER-RISE FRGS
The Authority for these types of funds is derived
from Section
69
(b) of the City Charter which allows for utility or other public
service enterprise funds. Enterprise fund operations are financed
solely by user charges.
TABLE OF CONTENTS
Page
Combining Balance Sheet
Form
H
�T---69
Combining Statement of Revenues, Expenses, and
Changes in Retained Earnings
Form
H -1
70 -71
Combining Statement of Changes in Financial
\
Position
Form
H -2
72 -73
Municipal Liquor Fund:
Balance Sheet
Form
I
74
Statement of Revenues, Expenses and Changes
in Retained Earnings
Form
I -1
75-76
Statement of Changes in Financial Position
Form
I -2
77
Schedule of Revenues - Off Sale
Form
I -3
78-79
Schedule of Operating Expenses
Form
I -4
80-81
Schedule of Property, Equipment and Accumulated
Depreciation
Form
I -5
82-83
Water Utility Fund:
Balance Sheet
Form
J
84
Statement of Changes in Fund Equity
Form
J -1
85
Statement of Revenues and Expenses
Form
J -2
86
Statement of Changes in Financial Position
Form
J -3
87
Schedule of Property, Equipment and Accumulated
Depreciation
Form
J -4
88 -89
Sewer Utility Fund:
Balance Sheet
Form
K
90
Statement of Changes in Fund Equity
Form
K -1
91
Statement of Revenues and Expenses
Form
K -2
92
Statement of Changes in Financial Position
Form
K -3
93
Schedule of Property, Equipment and Accumulated
Depreciation
Form
K -4
94 -95
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-69-
COMBINING STATEMENT OF REVENUES, EXPENSES, AND - CHANGES IN
RETAINED EARNINGS - ENTERPRISE FUNDS
Year Ended December 31, 1984
With Comparative Totals for Year Ended December 31, 1983
Interest income $221,084
Interest expense -
Other income (expense) - net (1,673)
Total $219,411
Income before transfers 256,472
Transfers to other funds 30,356
Net Income 226,116
TRANSFER DEPRECIATION ON CONTRIBUTED ASSETS
Income Transferred to Retained Earnings $226,116
RETAINED EARNINGS, BEGINNING OF YEAR - ----------
As originally reported 1,535,875
Adjustment - Change in Accounting for Vacation & Sick Pay -
As Adjusted $1,535,875
RETAINED EARNINGS, END OF YEAR .$1,761,991
-70-
Liquor
OPERATING REVENUES:
-----------
Sales
$1,434,090
Cost of sales
1,168,886
Gross Profit
$265,204
OPERATING EXPENSES:
Per:.onal services
$165,562
Other services and charges
45,614
Supplies
11,678
Source of supply /disposal charges
-
Total
$222,854
OPERATING INCOME BEFORE DEPRECIATION
$42,350
DEPRECIATION
5 +289
OPERATING INCOME (LOSS)
$37,061
NON- OPERATING REVENUES (EXPENSES)
Interest income $221,084
Interest expense -
Other income (expense) - net (1,673)
Total $219,411
Income before transfers 256,472
Transfers to other funds 30,356
Net Income 226,116
TRANSFER DEPRECIATION ON CONTRIBUTED ASSETS
Income Transferred to Retained Earnings $226,116
RETAINED EARNINGS, BEGINNING OF YEAR - ----------
As originally reported 1,535,875
Adjustment - Change in Accounting for Vacation & Sick Pay -
As Adjusted $1,535,875
RETAINED EARNINGS, END OF YEAR .$1,761,991
-70-
Form H -1
Totals
Water. Sewer 1984 1983
--- - - - - -- ------ - - - - -- ----- - - - - -- ----- - - - - --
$821,768 $846,994 $3,102,852 $2,776,467
- - 1,168,886 902,103
--- - - - - -- ------ - - - - -- ----- - - - - -- ----- - - - - --
$821,768 $846,994 $1,933,966 $1,874,364
--- - - - - -- ------ - - - - -- ----- - - - - -- ----- - - - - --
$121,367
$126,592
$413,521
$355,770
51,885
41,918
139,417
113,244
24,877
19,946
' 56,501
45,650
500,304
438,407
938,711
760,694
--- - - - - --
$698,433
------ - - - - --
$626,863
----- - - - - --
$1,548,150
----- - - - - --
$1,275,358
--- - - - - --
$123,335 _
------ - - - - --
$220,131
----- - - - - --
$385,816
----- - - - - --
$599,006
44,511
53,911
103,711
99,197
--- - - - - --
$78,824
--- - - - - --
------ - - - - --
$166,220
----=- - - - - --
----- - - - - --
$282,105
----- - - - - --
----- - - - - --
$499,809
----- - - - - --
$50,235'
$110,881
$382,200
$191,548
-
-
-
(1,069)
1,577
13,267
--
13,171
(19,297)
--- - - - - --
$51,812
------ - - - -
$124,148
----- - - - - --
$395,371
----- - - - - --
$171,182
--- - - - - --
130,636
------ - - - - --
290,368
----- - - - - --
677,476
----- - - - - --
670,991
1,196
1,196
32,748
(72,959)
129,440
289,172
644,728
598,032
26,294
38,935
65,229
65,229
--- - - - - --
$155,734
------ - - - - --
$328,107
----- - - - - --
$709,957
----- - - - - --
$663,261
--- - - - - --
835,932
------ - - - - --
1,551,384
----- - - - - --
3,923,191
----- - - - - --
3,288,507
-
-
-
(28,577)
--- - - - - --
$835,932
------ - - - - --
$1,551,384
----- - - - - --
$3,923,191
----- - - - - --
$3,259,930
--- - - - - --
$991,666
--- - - - - --
---------
------ - - - - --
$1,079,491
------ - - - - --
------ - - - - --
----- - - - - --
$4,633,148
----- - - - - --
----- - - - - --
----- - - - - --
$3,923,191
----- - - - - --
----- - - - - --
-71-
COMBINING STATEMENT OF CHANGES IN FINANCIAL POSITION
ENTERPRISE FUNDS
Year Ended December 31, 1984
With Comparative Totals for Year Ended December 31, 1983
Liquor
SOURCES OF WORKING CAPITAL: ---------
Operations:
Net Income $226,116
Items not requiring (providing) working capital
Depreciation 5,289
Working Capital Provided by Operations, $231,405
Decrease in long term contract receivable -
Decrease in deferred receivable- reserve capacity
Total Sources of Working Capital $231,405
USES OF WORKING CAPITAL:
Additions to property and equipment -net $216,367
INCREASE IN WORKING CAPITAL $15,038
ELEMENTS OF NET INCREASE IN WORKING CAPITAL
$2,933
Cash
Investments 7,223
Accounts receivable 515
Inventory
249,924
Accounts payable (216,872)
Due to other funds
Due from /to other government units
Accrued liabilities (28,685)
Net Increase in Working Capital $15,038
-72-
Form H -2
Totals
Water Sewer 1984 1983
$129,440
$289,172,
$644,728
$598,032
' 44,511
53,911
103,711
99,197
- - --
--- - - - - --
4173,951
--- - - - - --
$343,083
-=- - - - - --
$748,439
--- - -
$697,229
' -
11,434
11,434
10,994
-
1,863
1,863
1,758
' $173,951
--- - - - - --
$356,380
--- - - - - --
$761,736
--- - - - - --
$709,981
--- - - - - --
'$13,456
--- - - - - --
$12,423
--- - - - - --
$242,246
--- - - - - --
$25,034
--- - - - - --
' $160,495
$343,957
$519,490
$684,947
'($4)
($86)
$2.,843
($39)
145,677
568,131
721,031
524,624
14,195
(218,415)
(203,705)
90,314
752
250,676
25,967
'
1,391
(7,530)
(223,011)
(24,143)
-
_
-
15,400
_
_
_
49,870
'
(19516)
1,857
(28,344)
2,954
--- - - - - --
$160,495
--- - - - - --
$343,957
--- - - - - --
$519,490
---------
$684,947
-73-
n
MUNICIPAL LIQUOR FUND
COMPARATIVE BALANCE SHEET
December 31, 1984 and 1983
' ASSETS
Current Assets:
Cash:
Treasurer's balance
Imprest cash and change funds
tTotal Cash
Investments, at cost
' Accounts receivable
Merchandise inventory, at cost
Total Current Assets
Property and Equipment:
Land
' Buildings
Improvements other than buildings
Office furniture and equipment
' Store equipment
Total
Form 'I
1984 1983
8;000
$8,000
1,389,723
588
397,737
--- -
$1,796,048
$7,125
80,613
86,846
23,405
149,415
$347,404
Less: Accumulated depreciation
72,378
Net Property and Equipment -- Form I -5
$275,026
Total Assets
$2,071,074
LIABILITIES AND RETAINED EARNINGS
--------------------------------
Current Liabilities:
Accounts payable
$272,595
Accrued salaries payable
14,096
Accrued social security /P.E.R.A. payable
563
Due to other governmental units
21,829
Total Current Liabilities
$309,083
Retained Earnings -- Unreserved Form I -1
$1,761,991
Total Liabilities and Retained Earnings
----- - - - - --
$2,071-,074
-74-
$67
5,000
$5,067
1,382,500
73
----------- 1 83
$1,535,453
$7,125
80,613
9,584
22,427
11,288
$131,037
67,089
$63,948
$1,599,401
$55,723
7,497
306
$63,526
$1,535,875
$1,599,401
MUNICIPAL LIQUOR FUND
COMPARATIVE STATEMENT OF REVENUES, EXPENSES,
AND CHANGES IN RETAINED EARNINGS
COMBINED ON -SALE AND OFF -SALE
Years Ended December 31, 1984 and 1983
Totals all Stores.
--------------- - - - --
1984 1983
----- - - - - -- ----- - - - - --
Sales $1,434,090 $1,123,671
----- - - - - -- ----- - - - - --
Cost of Sales:
Inventory, Beginning $147,813 $120,942
Purchases 1,418,810 928,974
Total Merchandise Available for Sale $1,566,623 $1,049,916
Less: Inventory, Ending 397,737 147,813
----- - - - - -- ----- - - - - --
Cost of Sales $1,168,886 $902,103
----- - - - - -- ----- - - - - --
Gross Profit on Sales $265,204 $221,568
Percentage of Gross Profit to Sales 18.49$ 19.72$
Less: Operating Expense -- Form I-4 $222,854 $154,972
----- - - - - -- ----- - - - - --
Operating Income before Depreciation $42,350 $66,596
Less: Depreciation - Form I -5 5,289 4,051
--- - - - - -- ----- - - - - --
Operating Income $37,061 $62,545
Nonoperating Revenues (Expenses):
Interest earnings - Trust Fund $221,084 $126,283
Machine commissions 1,205 897
Other income 761 93
Cash short (3,639) (1,281)
Other expense - (13,067)
Total $219,411 $112,925
----- - - - - -- ----- - - - - --
Net income before transfers 256,472 175,470
Transfers to General Fund 30,356 57;959
----- - - - - -- ----- - - - - --
Net Income $226,116 $117,511
Retained Earnings at beginning of year
as previously reported 1,535,875 1,420,609
Adjustments for change in accounting for ---- ------- ---- ---- ---
vacation and sick pay $ - . ($2,245)
----- - - - - -- ----- - - - - --
As adjusted $1,535,875 $1,418,364
Retained earnings at end of year $1,761,991 $1,535,875
-75-
Form I -1
' Store
No. 1
STORE
NO. 2
STORE
NO. 3
1984 -- - - -
_
- -- -1983
1984
1983 - - --
1984
1983
$166,891
--- - - - - --
$ -
--- - - - - --
-- $549,946-
$493,670
--- - - - - --
717 253
$717,253-
--- - - - - --
$630,001
--- - - - - --
-
$62,266
$50,262
$85,547
$70,680
396,566
_
452,537
411,080
569,707
517,894
--- - - - - --
--- - - - - --
$396,566
--- - - - - --
-
----- - - - - --
- $514,803
--- - - - - --
$461,342
--- - - - - --
$655,254
$588,574
250,955
-
62,606
62,266
84,176
85,547
$145,611
-
$452., 197
$399, 7
$571,078
--
$503,027
--- - - - - --
--- - - - - --
$21,280
--- - - - - --
$ -
----- - - - - --
$97,749
--- - - - - --
$94,594
--- - - - -
$146,175
$126,974
12.75$
-$
17.77%
19.16%
20.38%
20.15%
' $35,434
-
$85,377
$69,482
$102,043
$85,490
- - --
--- - - - - --
($14,154)
--- - - - - --
-
----- - - - - --
$12,372
--- - - - - --
$25,112
--- - - - - --
$44,132
--- - -
$41,484
1,810
-
1,576
1,600
1,903
--- - - - - --
2,451
--- - - - - --
' --- - - - - --
($15,964)
- --- - - - - --
--- - - - - --
-
--- - - - - --
----- - - - - --
$10,796
----- - - - - --
--- - - - - --
$23,512
--- - - - - --
$42,229
--- - - - - --
39,033
--- - - - - --
' $17,740
$ -
$81,487
$53,910
$121,857
$72,373
-
585.
443
620
454
61
-
280
42
420
51
(1,380)
-
(2,541)
(920)
282
(361)
-
-
-
(5,174)
-
(7,893)
--
--- - - - - --
'$16,421
--- - - - - --
$ -
----- - - - - --
$79,811
--- - - - - --
$48,301
--- - - - - --
$123,179
- - --
--- - - - -
$64,624
--- - - - - --
--- - - - - --
457
--- - - - - --
-
----- - - - - --
90,607
--- - - - - --
71,813
--- - -
165,408
103,657
-76-
MUNICIPAL LIQUOR FUND
COMPARATIVE STATEMENT CHANGES IN FINANCIAL POSITION
Years Ended December 31, 1984 and 1983
' Sources of Working Capital:
Operations:
Net income -- Form I -1
' Items not requiring (providing) working capital
Depreciation -- Form I -5
' Total Sources of Working Capital
Uses of Working Capital:
' Acquisition of property and equipment -- Form I =5
Increase in Working Capital
' Elements of Increase in Working Capital:
Cash
Investments
' Accounts receivable
Inventory
Accounts payable
Accrued liabilities
' Increase in Working Capital
-77-
Form I -2
1984 1983
--- - - - - -- --- - - - - --
$226,116
$117,511
5,289
4,051
$231,405
$121,562
216,367
1,716
$15,038
--- - - - - --
---------
$119,846
--- - - - - --
--- - - - - --
$2,933
($24)
7,223
114,800
515
(101)
249,924
26,871
(216,87,2)
(25-,010)
(28,685)
3,310
$15,038
--- - - - - --
$119,846
--- - - - - --
MUNICIPAL LIQUOR FUND
COMPARATIVE SCHEDULE OF GROSS PROFIT
Years Ended December 31, 1964 and 1983
1984
------------------- - - - - --
Total Liquor
NO. 1
Sales $166,891 $117,720.
Cost of Sales:
Inventory, Beginning -
Purchases 396,566 304,291
Total Merchandise Available for Sale $396,566 $304,291
Less: Inventory, Ending 250,955 202,248
Cost-of Sales $145,611 $102,043
Gross Profit on Sales $21,280 $15,677
Percentage of Gross Profit to Sales 12.75$ 13.31%
NO. 2
Sales
$549,946
--- - - - - --
$180,453
--- - - - - --
Cost of Sales:
Inventory, Beginning
$62,266
$45,085
Purchases
452,537
139,151
--- - - - - --
Total Merchandise Available for Sale
--- - - - - --
$514,803
$184,236
Less: Inventory, Ending
62,606
42,590
Cost of Sales
$452,197
$141,646
- - - - --
Gross Profit on Sales
--- - - - - --
$97,749
---
$38,807
Percentage of Gross Profit to Sales
--- - - - - --
17.77$
- - - --
21.50$
NO. 3
Sales
$717,253
$258,087
Cost of Sales:
Inventory, Beginning
$85,547
$67,560
Purchases
569,707
191,954
Total Merchandise Available for Sale
$655,254
$259,514
Less: Inventory, Ending
84,176
61,003
--- - - - - --
Cost of Sales
--- - - - - --
$571,078 .
$198,511
--- - - - - --
Gross Profit on Sales
--- - - - - --
146,175
59,576
Percentage of Gross Profit to Sales
20.38$
23.08$
-78-
'
Fc:-m I -3
1983-------------------------
- - - - --
--------------------
Beer
' --- - - - - --
- - - - --
Other
--- - - - - --
---------
Total
--- - - - - --
Liquor
--- - - - - --
Beer
--- - - - - --
Other
--- - - - - --
$44,428
' --- - - - - --
$4,743
--- - - - - --
' -83-176-
-
$83,176
--9,099
- -
$9,099
43,508
5,199
--- - - - - --
$39,668
---
--- - - - - --
$3,900
- - - - --
' $4,760
--- - - - - --
$843
- -- 10.71 %
- -- 17'.78%
' $345,032
$24,461
$493,670
$165,300
$312,803
$15,567
$14,757
$2,424
$50,262
$38,255
$10,318
$1,689
' 288,383
25,003
411,080
138,678
257,813
- - --
14,589
------ - --
--- - - - - --
.-$303;140
--- - - -= --
$274,427
--- - - - - --
$461,342
--- - - - - --
$176,933
--- - -
$268,131
$16,278
' 171614
2,402
62,266
45,085
14,757
- - - - --
2,424
--- - - - - --
--- - - - - --
' $285,526$25,025-
--- - - - - --
--- - - - - --
$399,076-
--- - - - - --
$131,848-
---
$253,374-
- $13,854
_
-
$59,506
-
($564)
$94,594
$33,452
$59,429
$1,713
' - -- 17.25%
- - =2 310%
= = =19 16.%
= == 2024%
= == 19_00%
= == 11_00%
' $425,261
--= - - - - --
$33,905
--- - - - - --
$630,001
--- - - - - --
$235,169
--- - - - - --
$373,430
--- - - - - --
$21,402
--- - - - - --
$14,628
$3,359
$70,680
$56,475
$11,250
$2,955
348,800
28,953
517,894
195,907
303,835
- - - - --
18,152
--- - - - --
--- - - - - --
.$363,428
--- - - - - --
$32,312
--- - - - - --
$588,574
--- - - - - --
$252,382
---
$315,085
-
$21,107
18,168
5,005
85,547
67,560
14,628
3,359
$345,260
$27,307
-
$503,027
$184,822
$300,457
- - - --
$17,748
--- - - - - --
--- - - - - --
80,001
--- - - - - --
6,598
--- - - - - --
126,974
--- - - - - --
50,347
--- -
72,973
3,654
' 18_81%
19_46%
2015%
= == 21.41%
= == 19_54
= == =7_07%
'
-79-
MUNICIPAL LIQUOR FUND
COMPARATIVE SCHEDULE OF OPERATING EXPENSES
COMBINED OFF -SALE
Years Ended December 31, 1984 and 1983
PERSONAL SERVICES:
Salaries - regular employees
Salaries - overtime and part time employees
Interdepartmental labor services
City contribution to PERA and FICA
Hospitalization - Life insurance
Worker's and unemployment compensation
Total Personal Services
OTHER SERVICES& CHARGES:
Contractural maintenance & repair
Professional services
Communications
Travel - subscriptions
Utility
Insurance & bonds
Other contractural services
Other charges
Total Other Services & Charges
SUPPLIES:
General supplies
Total Supplies
Total Operating Expense
m
$45,614 $9,605 $15,870
-- - - - - -- --- - - - - -- -- - - - - --
$11,678
1984
$2,185
-----------------------------------
Total
NO. 1
NO. 2
--- - - - - --
$33,986
--- - - - - --
$12,642
--- - - - - --
$1,444
96,689
5,050
47,464
20,837
231
14,828
9,698
1,610
3,209
2,069
448
6
2,283
128
371
--- - - - - --
$165,562
--- - - - - --
--- - - - - --
$20,109
--- - - - - --
--- - - - - --
$67,322
--- - - - - --
$1,988
$ -
$140
3,08
454
1,729
2,922
236
1,422
1,040
178
431
9,272
-
3,733
9,572
-
4,070
4,191
113
1,921
12,731
8,624
2,424
$45,614 $9,605 $15,870
-- - - - - -- --- - - - - -- -- - - - - --
$11,678
$5,720
$2,185
$11,678
$5,720
$2,185
--- - - - - --
$222,854
--- - - - - --
$35,434
--- - - - - --
$85,377
-81-
Form I -4
1983
--- - - - - --
N0. 3
---------------------------------------------
Total
2
N0. 3
$19,900
$27,750
- -NO.
$5,235
$22,515
44,175
71,244
34,939
36,305
'
5,778
2,336
7,511
(5,175)
4,879
8,831
2,861
5,970
1,615
2,285
422
1,863
.'
1,784
792
365
427
'
--- - - - - --
$78,131
--- - - - - --
--- - - - - --
$113,238
--- - - - - --
--- - - - - --
$519333
--- - - - - --
--- - - - - --
$61,905
--- - - - - --
$1,848
$3,121
$783
$2,338
1,715
6,637
3,398
3,239
'
1,264
2,376
1,205
1,171
431
1,073
451
622
5,539
7,309
3,071
4,238
'
5,502
9,214
3,876
5,338
2,157
4,233
1,692
2,541
1,683
1,645
739
906
'
$20,139
$35,608
$15,215
$20,393
'
$3,773
$6,126
$2,934
$3,192
-- -
$3,773
--
$6,126
$2,934
$3,192
'
$102,043
-
$154,972$69,482
-
$85,490
-81-
MUNICIPAL LIQUOR FUND
SCHEDULE OF PROPERTY, EQUIPMENT AND
ACCUMULATED DEPRECIATION
Year Ended December 31, 1984
Off Jale No. 1 Store:
Improvements other than buildings
Fixtures
Equipment
Total
Off Sale No. 2 Store:
Land
Building
Improvements other than buildings
Fixtures
Equipment
Total
Off Sale No. 3 Store:
Land
Building
Improvements other than buildings
Fixtures
Equipment
Total
Grand Totals
-82-
Property and
Equipment
----------------------------------------
Balances
(Deletions)
Balances
1 -1 -84
----------------------------------------
Additions
12 -31 -84
$ -
$75,332
$75,332
- .
978
978
-
136,907
136,907
--
--- - - - - --
$ _
--- - - - - --
--- - - - - --
$213,217
--- - - - - --
--- - - - -
$213,217
--- - - - - --
$2,765
$ -
$2,765
321335
-
32,335
4,489
-
4,489
7,342
-
7,342
7,163
360
7,523
- $54,094-
--- - - - - --
--------- $360
--- - - - - --
_ $54,454
--- - - - - --
$4,360
$ -
$4,360
48,278
-
48,278
5,095
1,930
7,025
15,085
-
15,085
4,125
860
4,985
--- - - - - --
--- - - - - --
$76,943
--- - - - - --
$2,790
$79,733
--- - - - - --
--- - - - - --
$131,037
--- - - - - --
$216,367
$347,404
-82-
'
Accumulated Depreciation
---------------------7------------------------------
Balances
Depreciation
Balances
1 -1 -84
Taken
Adjustments
12 -31 -84
$
$628
$
$628
_
13
_
13
-
1,169
-
1,169
$
$1,810
$
$1,810
' $ -
-
$ -
$ -
13,902
780
-
14,682
1,211
225
-
1,436
' 6,984
84
7,068
3,730
487
_
4,217
$25,827
' --- - - - - --
$1,576
--- - - - - --
$ -
--- - - - - --
$27,403
--- - - - - --
' 21,102
1,186
22,288
2,831
226
_
3,057
15,081
4
-
15,085
' 2 - 248
487
-
2,735
--- -- - --
$41,262
--- - - - - --
$1,903
--- - - - - --
$ -
--- - - - - --
$43,165
$67,089-
-- $5,289-
--- - - - - --
- $72,378
-83-
Form I -5
Net Asset
Value
$74,704
965
135,738
$211,407
$2,765
17,653
3,053
274
3,306
$27,051
$4,360
25,990
3,967
-- -2,251
$36,568
$275,026
f:
WATER UTILITY FUND
COMPARATIVE BALANCE SHEET
December 31, 1984 and 1983
ASSETS
Current Assets:
Cash - treasurer's balance
Investments, at cost
Accounts receivable:
Unbilled services
Special assessments:
Delinquent
Other
Meter Inventory, at cost
Total Current Assets
Property and Equipment:
Land
Buildings
Improvements other than buildings
Machinery and equipment
Total
Less: Accumulated depreciation
Net Property and Equipment
-- Form J -4
Total Assets
LIABILITIES, AND FUND EQUITY
----------------------------
Current Liabilities:
Accounts payable
Accrued salaries payable
Accrued FICA /P.E.R.A. payable
Due to other governmental units
Total Current Liabilities
Total Liabilities
Form J
1984 1983
----- - - - - -- ----- - - - - --
463,777
139,617
3,441
55,086
3,039
$664,960
$45,223
212,924
2,174,394
124,765
$2,557,306
1,100,420
$1,456,886
$2,121,846
$43,818
17,486
649
1,067
$63,020
$63,020
Fund equity:
Contributed $1,067,160
Retained earnings unreserved -- Form J -1 991,666
Total Fund Equity $2,058,826
Total Liabilities, and Fund Equity $2,121,846
-84-
$4
318,100
135,038
2,688
46,223
2,287
$504,340
$45,223
211,135
2;174,394
113,098
$2,543,850
1,055,909
$1,487,941
$1,992,281
$45,209
17,251
435
$62,895
$62,895
$1,093,454
835,932
$1,929,386
$1,992,281
' WATER UTILITY FUND
COMPARATIVE STATEMENT OF CHANGES IN FUND EQUITY
' Years Ended December 31, 1984 and 1983
1984 1983
------------------- - - - - -- ------------ - - - - --
' Balance, January 1, as
originally reported
Adjustments for change
in account for vacation
and sick pay
' As Adjusted
Income transferred to
retained earnings
Depreciation on contributed
assets
Balance, December 31
Contributions
$1,093,454
$1,093,454
(26,294)
$1,067,160-
Retained
Earnings Contributions
$835,932 $1,119,748
$835,932 $1,119,748
155,734 -
- (26,294)
$991,666_ __$1,093,454_
-85-
Form J -1
Retained
Earnings
Restated
$659,187
(13,166)
$646,021
189,911
$835_932-
P,
WATER UTILITY FUND
COMPARATIVE STATEMENT OF REVENUES AND EXPENSES
Years Ended December 31, 1984 and 1983
1984
Operating Revenues: --- - - - - --
Water sales $794,916
Hydrant rental 60
Meter sales (less cost of sales) 9,252
Customer service 2,880
Penalties 14,660
Total Operating Revenue $821,768 -
Operating Expenses:
Source of supply
Distribution:
Personal services
Other services and charges
Supplies
Administration and General:
Personal services
Other services and charges
Supplies
Total Operating Expenses
Operating Income Before
Depreciation
Less: Depreciation -- Form J -4
Operating Income
Nonoperating Revenues (Expenses):
Interest earnings - Trust Fund
Miscellaneous
Interest expense
Total
Net Income before transfers
Transfer to Westside Project
Net Income - Form J -1
Transfer depreciation on contributed assets
Income transferred to retained earnings
:.
$500,304
102,508
37,452
23,592
18,859
14,433
1,285
$698,433
$123,335
44,511
$78,824
$50,235
1,577
$51,812
130,636
1,196
$129,440
26,294
$155,734_
Form J -2
1983
$802,707
500
6,189
16,402
9,234
$835,032-
$479,358
87,885
31,193
19,723
19,939
10,370
1,010
$649,478
$185,554
40,888
$144,666
$19,970
50
(1,069)
$18,951
163,617
$163,617
26,294
$189,911
WATER UTILITY FUND
COMPARATIVE STATEMENT OF CHANGES IN FINANCIAL POSITION
Years Ended December 31, 1984 and 1983
Source of Working Capital:
Operations:
Net income (loss) -- Form J -2
Items not requiring (providing) working capital:
Depreciation -- Form J -4
Total Sources of Working Capital
Uses of Working Capital:
Acquisition of property and equipment -- Form J -4
Net Increase in Working Capital
Elements of Net Increase in Working Capital:
Cash
Investments
Accounts receivable
Inventory
Accounts payable
Accrued expenses
Due to other funds
Net Increase in Working Capital
-87-
Form J -3
1984 1983
--- - - - - -- --- - - - - --
$129,440
$163,617
44,511
40,888
--- - - - - --
$173,951
--- - - - - --
$204,505
13,456 14,689
--- - - - - -- -- - - - - --
$160,495 $189,816
($4)
($64)
145,677
165,100
14,195.
15,332
752
(904)
1,391
(3,332)
(1,516)
(1,716)
-
15,400
$160,495 $189,816
e,
WATER UTILITY FUND
SCHEDULE OF PROPERTY, EQUIPMENT AND
ACCUMULATED
DEPRECIATION
Year Ended December
31, 1984
Property and Equipment
-------------------------------------------------
Balances
Balances
1 -1 -84
-------------------------------------------------
Additions Transfers
12 -31 -84
Land
$45,223
$ - $ -
$45,223
Buildings
211035
1,789 -
212,924
Improvements other than buildings
2,174,394
- -
2,174,394
Machinery and equipment
111,008
11,588 -
122,596
Office furniture and equipment
2,090
79 -
- - - --
2,169
----- - - - - --
Grand'Totals
----- - - - - --
$2,543,850
--- - - - - -- --- -
$13,456 $ -
$2,557,306
Form J -4
�.
Accumulated Depreciation
Balances
Depreciation
Balances
Net Assets
1 -1 -84
-----------------------------------------------
Taken Deductions
12 -31 -84
- - - - --
Value
----- - - - - --
$ -
$ - $ -
$ -
$45,223
62,607
6,805 -
69,412
143,512
895,674
= 33,409 -
929,083
1,245,311
r
95,691
4,242 -
99,933
22,663
1,937
55 -
1,992
177
----- - - - - --
----- - - - - --
$1,055,909
--- - - - - -- --- - - - - --
$44,511 -
----- - - - - --
$1,100,420-
$1,456,886
�.
SEWER UTILITY FUND
COMPARATIVE BALANCE SHEET
December 31, 1984 and.1983
ASSETS
Cash - Treasurer's balance ,
Investments, at cost
Accounts receivable:
Unbilled services
Other
Due from other governmental units
Total Current Assets
Due from Metropolitan Waste Control Comm.:
Reserve capacity
Interceptor acquisition contract
Total Deferred Assets
Property and Equipment:
Land
Buildings
Improvements other than buildings
Machinery and equipment
Total
Less: Accumulated depreciation
Net Property and Equipment
-- Form K -4
Total Assets
LIABILITIES, AND FUND EQUITY
Current Liabilities:
Accounts payable
Accrued salaries payable
Accrued FICA and PERA payable
Total Current Liabilities
Fund Equity:
Contributions from customers
Retained earnings unreserved -- Form K -1
Total Fund Equity
Total Liabilities, Contributions,
and Retained Earnings
Form S
1984 . 1983
----- - - - - -- ----- - - - - --
1,017,381
135,995
39,274
82,147
$1,274,797
$86
449,250
134,707
54,604
286,520
$925,167
$25,910
$27,773
259,519
270,953
$285,429
$298,726
$36,586
26,245
2,340,642
191,008
$2,594,481
1,234,014
$36,586
24,455
2,340,643
180,374
$2,582,058
1,180,103
$1,360,467 $1,401,955
----- - - - - -- ----- - - - - --
$2,920,693 $2,625,848
$7,902 $372
14,709 16,170
39 435
----- - - - - -- ----- - - - - --
$22,650 $16,977
----- - - - - -- ----- - - - - --
$1,018,552
$1,057,487
1,879,491
1,551,384
----- - - - - --
$2,898,043
----- - - - - --
----- - - - - --
$2,608,871
----- - - - - --
$2,920,693 $2,625,848
Form B -1
SEWER UTILITY FUND '
COMPARATIVE STATEMENT OF CHANGES IN FUND EQUITY
Years Ended December 31, 1984 and 1983
1984 1983
' --------------------- - - - - -- ---------------------------
Retained
Customer Retained Customer Earnings
' Contributions Earnings Contributions Restated
Balance, January 1,
as originally reported $1,057,487 $1,551,384 $1,096,422 $1,208,711
' Adjustment for change in
accounting for vacation and
sick pay -
' ----- - - - - --
As Adjusted $1,057,487
' Income transferred to retained -
earnings $
Depreciation on contributed
' assets -_- (38,935)
Balance, December 31 $1,018,552
----------- -----------
$1,551,384 $1,096,422
$328,107 $ =
- (38,935)
$1,879,491 $1,057,487
-91-
(13,166)
$1,195,545
$355,839
$1,551,384
U;
-92-
Form K -2
SEWER UTILITY FUND
COMPARATIVE STATEMENT OF REVENUES AND EXPENSES
Years Ended December 31, 1984 and 1983
1984
1983
OperatingRevenues: -----
- - - - --
- -- - - - ---
Sewer service charges - general customers
and interdepartmental
$830,170
$802,403
Refunds and Reimbursements:
Metropolitan Waste Control Commission
Interceptor maintenance
15,998
14,813
S.A.C. charge refund
826
548
-----
Total Operating Revenues
- - - - --
$846,994
--- - - - - --
$817,764
Operating Expenses:
Disposal - Metro Waste Control Commission
$438,407
$281,336
Collections:
Personal services
106,618
110,448
Other services and charges
29,447
26,756
Supplies 1
18,713
17,903
Administration:
Personal services
19,974
24,260
Other services and charges
12,471
9,317
Supplies
1,233
888
Total Operating Expenses
$626,863\A
$470,908
Operating Income Before
Depreciation
$220,131q�
$346,856
Less: Depreciation -- Form K -4
53,911\
54,258
-----
Operating Income
-----
- - - - --
$166,220
- - - - --
--- - - - - --
$292,598
--- - - - - --
Nonoperati.ng Revenues (Expenses):
Interest earnings
$110,881
$32,305
Metro Wste Control Commission
Interest on deferred current value credit
10,838
11,278
Interest. on reserve capacity deferred charges
2,293
1,712
Inflow grant
-
6,860
Other income (Expense)
136
(4,945)
Inflow study expense
-
(7,904)
--- - - - - --
-----
Total
- - - - --
$124,148
$39,306
-----
Net Income before transfers and extraordinary item
- - - - --
$290,368
--- - - - - --
$331,904
Transfers to:
Debt Service Funds - Storm Sewer
-
15,000
West Side Project
1,196
- - - --
-
--- - - - - --
-----
Net Income (Loss)
-
ex i ar it -
$289,172
$316,904
Transfer depreciation on contributed assets
38,935
38,935
-----
Income transferred to retained earnings
- - - - --
$328,107
--- - - - - --
$355,839
-92-
SEWER UTILTY FUND
COMPARATIVE STATEMENT OF CHANGES IN FINANCIAL POSITION
' Years Ended December 31, 1984 and 1983
1984
' Source of Working Capital:
---- - - - - --
Operations:
Net income Form K -2
$289,172
' Items not requiring (providing) working capital:
Depreciation - Form K -4
53,911
Working Capital Provided from Operations
$343,083
Metropolitan Waste Control Commission:
'Decrease in long -term contract receivable
$11,434
' Decrease in deferred receivable - Reserve Capacity
charge
1,863
' Total Metropolitan Waste Control Commission
$13,297-
Total Sources of Working Capital
--
$356,380
' Uses of Working Capital:
Addition to property and equipment -- Form K -4
12,423
Net Increase in Working Capital
'
$343,957-
.
Elements of Net Increase (Decrease) in Working Capital
-
Cash
($86)
'
Investments
56.8,131
Accounts receivable
(218,415)
Accounts payable
(7,530)
'
Accrued expenses
1,857
.Due to other governmental units
-
' Net Increase in Working Capital
- $343,957-
-93-
Form K -3
1983
$316,904
54,258
$371,162
$10,994
1,758
- $12,752-
$383,914
8,629
$375,285-
$49
244,724
75,083
4,199
1,360
49,870
$375,285-
SEWER UTILITY FUND
SCHEDULE OF PROPERTY, EQUIPMENT AND 1
ACCUMULATED DEPRECIATION
Year Ended December 31, 1984
Property and Equipment
----------------------------------
Balances Balances
1 -1 -84 Additions Transfers 12 -31 -84
----- - - - - -- ---------------------------------
Land $36,586 $ - $ - $36,586
Buildings 24,456 1,789 - 26,245
Improvements other than buildi 2,340,642 - - 2,340,642
Machinery and.equipment 178,811 10,555 - 189,366
Office furniture and equipment 1,563 79 - 1,642
----- - - - - -- - - - - -- --- - - - - -- ----- - - - - --
Grand Total $2,582,058 $12,423 $ - $2,594,481
-94-
Form K -4
Net Assets
Value
$36,586
15,734.
1,277,137
30,893
117
$1,360,467
Accumulated Depreciation
'
----------------------------------------------------
Balances
Depreciation
Balances
1 -1 -84
Taken Deductions
12 -31 -84
-----------------------------------------------------
$ -
$ - $ -
$ -
9,887
624 -
10,511
'
1,016,067
47,438 -
1,063,50.5
152,668
5,805 -
158,473
'
- -11481
44 -
1,525
'
1
----- - - - - --
$1,180,103-
'
- - - - - --
_$53,911= __$
$1,234,014-
-95- .
Form K -4
Net Assets
Value
$36,586
15,734.
1,277,137
30,893
117
$1,360,467
HE CIT OF COLUMBIA HEIGHTS, MINNESOTA
NNUA INA CIAL KEPQRT Q
EAR LNDED DECEMBER S1, 19 O q
ENTERNAL SERVICE FUND
The Central Garage Fund is a self sustaining fund providing service
to other departments within the city and for which user fees are
paid by the using department. This fund was established in 1977.
TABLE OF CONTENTS
Central Garage Fund:
Page
Balance Sheet Form L 96
Statement of Revenues, Expenses, and
Changes in Retained Earnings Form L -1 97
Statement of Changes in Financial Position Form L -2 98
Schedule of Property, Equipment and
Accumulated Depreciation Form L -3 99
CENTRAL GARAGE FUND
COMPARATIVE BALANCE SHEET
December 31, 1984 and 1983
ASSETS
Current Assets:
Cash - Treasurer's balance
Investments, at cost
Inventory, at cost
Accounts receivable
Total Current Assets
Property and Equipment:
Buildings and improvements
Office furniture and equipment
Machinery and equipment
Total
Less: Accumulated depreciation
Net Property and Equipment -- Form L -3
Total Assets
LIABILITIES AND FUND EQUITY
----------------------------
Current Liabilities:
Accounts payable
Accrued salaries payable
Accrued social security /P.E.R.A.
Total Current Liabilities
Fund Equity:
Contributed - other city funds
Retained earnings
Reserved for improvements
Unreserved
Total Retained Earnings
Total Fund Equity
Total Liabilities and Fund Equity
Form L
I�
I�
- -- 1984 - - --
- -- 1983 - - --
'
$ -
$42
'
73,260
55,700
'
68,451
61,595
,
----- - - -16-
$141,727
----- - - - - --
$117,337
----- - - - - --
----- - - - - --
'
$13,795
$13,795
741
741
66,690
66,236
'
----------- 81,226
$80,772
,
60,346
55,145
- -- $20,880
$25,627
- - - - --
,
----- - - - - --
$162,607
-----
$142,964
$2,244 $1,407 ,
12,521 10,678
339 336
----------- -----------
$15,104 $12,421 ,
$94'653
$9 4 6 53
-- --
'
- -- - - - - --
$129205
-----
$12,205
40 - 645
23,685-
'
----- -- - --
$52,850
-_-
$35,890
----------- 147,503
$130,543
-----------
$162,607
-----------
$142,964
Form L -1
1 CENTRAL GARAGE FUND
COMPARATIVE STATEMENT OF REVENUES, EXPENSES, AND CHANGES
' IN RETAINED EARNINGS
Years Ended December 31; 19814 and 1983
Billing to Departments
' Operating Expense:
Mechanics labor
Other services and charges
' Supplies
Contraetural services
Total Operating Expense
' Operating Income before depreciation
' 'Less: Depreciation -- Form L -3
Operating Income
' Nonoperating Revenues (Expenses):
Sale of materials
Interest income
' Total
' Net Income
Retained earnings, beginning of year
as originally reported
' Adjustment for change in accounting
for vacation and sick pay
As adjusted
Retained Earnings End of Year
-97-
1984 1983
--- - - - - -- -- - - - - --
$145,392 $130,939
$69,949
51,072
5,289
6,898
$133,208
$12,184
5,201
$6,983
-- - - - - --
$867
9,110
$9,977
$16,960
$64,515
.31,867
4,291
--- 6,246-
$106,919
$24,020
5,450
$18,570
$18
4,112
$4,130
$22,700 \
$35,890 $21,685
(8,495)
$35,890 $13,190
$52,850 $35,890
E- c
CENTRAL GARAGE FUND
COMPARATIVE STATEMENT OF CHANGES IN FINANCIAL POSITION
Years Ended December 31, 1984 and 1983
Sources of Working Capital:
Operations:
Net income -- Form L -1
Items not requiring (providing) working capital:
Depreciation -- Form L -3
Total Sources of Working Capital
Uses of Working Capital:
Acquisition of property and equipment -- Form L -3
Increase in Working Capital
Elements of Increase in Working Capital:
Cash
Investments
Accounts receivable
Inventory
Accounts payable
Accrued expenses
Increase in Working Capital
-98-
1984
$16,960
5,201
$22,161
$454
$21,707
17,518
16
6,856
(837)
(1,846)
$21,707
Form L -2
1983
$22,700
5,450
$28,150
$28,150
($18)
15,000
8,205
4,963
$28,150
M
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HE CITX OF COLUMPIA HEIGHTS, MINNESOTA
EARA�NDED ECEMBER
A�PSQQ1,1 9
GENERAL FIXED ASSETS
GROCN OF ACCOUNTS
TABLE OF CONTENTS
Statement of General Fixed Assets
Form M
Page
100
«,
STATEMENT OF GENERAL FIXED ASSETS
December 31, 1984 .
General Fixed Assets:
Land
Buildings
Improvements other than buildings
Office furniture and equipment
Machinery and equipment
Total - Form A
Investment in General Fixed Assets:
General obligation bonds:
Library bonds of 1966
Municipal building bonds of 1959
Park bonds of 1962
City garage bonds of 1972
Capital improvement bonds of 1976
Total'General Obligation Bonds
Grants:
Federal E.D.A. and H.U.D.
State
Total Grants
Revenue Sharing:
Federal
Anoka County
Total Revenue Sharing
Balance from current revenues,and contributions
Total Investments in General Fixed Assets
-100-
A.
Form M
$3,025,100
2,767,869
722,606
677,666
1,129,523
$8,322,764
$90,000
150,000
325,000
510,000
929,475
$2,004,475
$526,290
267,203
$793,493
$1,306,875
51,550
$1,358,425
$4,166,371
$8,322,764
t
HE CITY OF COLU% A HEIGHTS, MINNESOTA
NN EARAiNDED ECEMBER
A�PS1, I G%8 -4
GENERAL LOXG-TER.M DEBT
GROUP OF ACCOUNTS . _.
TABLE OF CONTENTS
Statement of General Long -Term Debt
Schedule of Funding Available and Funds
Required
Schedule of Debt Service Requirements to
Maturity
Form N
Page
101
Form N -1 102
Form N -2 103
f
(r
G
STATEMENT OF GENERAL LONG -TERM DEBT
December 31, 1984
Form N
AMOUNT AVAILABLE AND TO BE PROVIDED FOR THE
PAYMENT OF GENERAL.LONG -TERM DEBT
Amount available in debt service funds 599,124
Amount to be provided for retirement of:
Long Term Debt $8,625,876
Vacation and sick leave payable 214,948
$9,439,948
GENERAL LONG -TERM DEBT PAYABLE
General obligation bonds payable $9,225,000
Vacation and sick leave payable 214,948.
Total Payable $9,439,948
In addition to the long -term debt exhibited in this statement, the
City of'Columbia Heights has a contingent liability against its full faith
and credit on $2,600,000 of special assessment bonds recorded in the Special
Assessment Funds. The general credit of the municipality is obligated only
to the extent that liens foreclosed against properties involved in the special
assessment district are insufficient to retire outstanding bonds.
-101-
' SCHEDULE OF FUNDING AVAILABLE
AND FUNDS REQUIRED
December 31, 1984
Cash, Investments and Receivables
' Deferred Tax Levies
-------------------
' Levy /Payable Years:
1984/85
1985/86
1986/87
1987/88
1988/89
1989/90
1990/91
1991/92
' 1992/93
1993/94
1994/95
1995/96
' .996/97
1997/98
1998/99
' 1999/00
2000 /01
2001/02
' Total
FUNDING AVAILABLE
' Bonds /Future Interest Payable
Bonds
' Future Interest
FUNDS REQUIRED
' BALANCE
-102-
Form N -1
Total------ -
$599,124
$785,394
983,835
1,018,970
1,058,855
1,083,524
1,108,305
1,151,949
1,164,405
1,171,660
1,154,470
1,038,950
1,034,600
977,375
919,100
859,950
800,100
739,375
104,375
$17,155,192-
$17,754,316
$9,225,000
7,930,192
$17,155,192
599,124
LN, agq
&M-1,
Form N -2
SCHEDULE OF DEBT SERVICE REQUIREMENTS TO MATURITY
-103-
December 31, 1984
General
Obligation Bonds
-----------------------------
Principal
Interest
- - - --
1985
---- - - - - --
$ -
---- -
$785,394
1986
230,000
753,835
1987
285,000
733,970
1988
350,000
708,855
1989
405,000
678,524
1990
465,000
643,305
1991
550,000
601,949
1992
610,000
554,405
1993
670,000
501,660
1994
710,000
444,470
1995
650,000
388,950
1996
700,000
334,600
1997
700,000
277,375
1998
700,000
219,100
1999
700,000
159,950
2000
700,000.
100,100
2001
700,000
39,375
2002
100,o00
4,375
9,225,000
7,930,192'
-103-
HE CITX OF COLUM IA HEIGHTS, MINNESOTA
NNUA TINAE�I1CIAL 9EPSRT 8
EAR iNDED llECEMBER 1, 11784
STATISTICAL SECTIOX
TABLE OF CONTENTS
Assessed Value and Market Value
of all Taxable Property
Tax Rates
City Tax Levy
Tax Levies and Tax Collections
Special Assessment Collections
Revenue - Other than Property Taxes and
Special Assessments
Expenditures for Selected Functions
Statement of Legal Debt Margin
Combining Schedule of Bonds Payable
Schedule of Investments
Schedule of Insurance in Force
Principal City Officials and Surety
Bonds
Miscellaneous Statistical Facts
Table I
Table II
Table III
Table IV
Table V
Table VI
Table VII
Table VIII
Table IX
Table X
Table XI
Table XII
Table XIII
Page
104 -105
106
107
108 -109
108 -109
110
110
112 -117
118
119 -120
121
122 -123
1976
Population 22,3241
Real Property
Assessed Value $ 67,746,917
Area -wide Alloe- ------ - - - - --
Contribution $ (850,697
Distribution $ 2,355,13
Market Value $198,140,35
=ersonal Property
Assessed Value $ 1,220,89
Market - Commercial $ 2,839,30
Total Real and Per-
sonal Property
ASSESSED VALUE AND M
MARKET VALUE
OF ALL TAXABLE PROPERTY
LEVY YEARS 1976 THROUGH 1983
1977 1
1978 1
1979
21,890 2
21,300 2
21,270
$ 68,981.,490 $
$ 71,6019406 $
$ 73,741,181
$ (1,085,236) $
$ (1,491,381) $
$ (1,840,970)
Assessed Value $ 70,472,250
Market Value $200,979,655
Ratio of Total Assess-
ed Value to Total
Market Value :3506
Per Capita Valuations
Assessed Value 3,157
Market Value 9,003
$ 71,751,140
$221,947,284
:3233
3,279
10,139
-104-
$ 74,642,528
$251,741,743
:2965
3,504
11,819
$ 779181,897
$291,248,700
:2650
3,629
13,693
11
' 1980- - - - - --
20,029
----- - - - - --
5,721,087
'$-(2,000,000)
$ 4,383,409
' $399,395,650
$ -- 1,295;504
' -- 3,012,800
$ 89,400,000
' $358,780,600
' 2492
4,563
' 17,913
1981-- - - - - --
19,800
$ 96,391,052
$ (3,908,286)
$ 8,183,307
$430,688,578
$ -- 1,344,094
$ -- 3,125,800
1982-- - - - - --
19,670
$104,783,933
$ (4,487,006)
$ 10,544,'639
$445,177,400
$ -- 1,333,301
$ -- 3,100,700
1983- - - - - --
19,560
$105,913,390
$ (5,178,793)
$ 12,001,080
$455, 1779400
$ 1426,869
-----------
$ 3,318,300
--
Table I
1984 - - - - --
19,530
$108,671,288
$ (4,695,234)
$ 13,663,552
$461_786_700
$ 1,426869
-----------
$ 3,414,600
--
$102,010,167
$112,174,867
$114,162,546
$119,107,884
$402,521,450
$433,789,278
$448,495,700
$465,201,300
- - - - - -- -2534
5,152
20,329
:2586
5,702
22,053
------- -2545 ------- -2560-
-105-
5,837 6,099
22,929 23,820
Table II I
-106- 1
TAX RATES
YEARS 1972
THROUGH 1984
'
Fiscal
'
Year
City
School
County
Metro
- - - - --
Other(B)
--- - - - - -- ---
Total
- - - - --
--- - - - - --
1972
--- - - - - --
66.59
--- - - - - --
162.66
--- - - - - --
67.59
---
5.01
301.85
1973
20.14
49.88
19.81
1.79
0.74
92.36(A)
1974
20.10
53.49
18.47
2.52
0.99
95.57
1975
22.40
54.12
19.96
4.42
0.60
101.50
'
1976
21.75
49.16
19.73
2.73
0.69
94.06
1977
20.41
47.26
19.84
3.00
0.61
91.12
1978
22.13
46.53
22.02
2.73
0.59
94.00
'
1979
21.847
45.036
21.913
2.913
0.923
92.632
1980
21.101
46.727
23.349
2.990
0.839
95.006
1981
18.153
41.483
25.005
3.832
0.771
89.244
1982
17.303
48.266
24.085
3.556
0.747
93.957
'
1983
15.438
50.156
24.492
3.877
0.576
94.539
1984
16.610
56.227
26.088
4.197
0.944
104.066
'
(A) Determination
of assessed
valuation changed
by
state law enacted
in'1971,
Extra
Session, Chapter 31, as
amended
for
Housing
'
(B) Rice
Creek Watershed,
mosquito Control
and 1/3
mill the
and
Redevelopment
Authority
-106- 1
' Table III
tCITY
TAX
LEVY.
YEARS 1972
THROUGH 1984
'
City
Bonds
Fiscal
Levy
General
Police
Fire
Civil
and
'Year
--- - - - - --
-- _Total - --
-- Fund - --
Relief
--- - - - - --
Relief
--- - - - - --
Defense (B)
--- - - - - --
Interest
--- - - - - --
Other (A)
--- - - - - --
1972
$1,105,517
$846,96.7
$50,000
$30,000
$11,000
$152,550
$15,000
'
1973
1,120,000
874,115
67,000
36,085
10,600
117,200
15,000
1974
1,156,540
899,045
67,000
42,700
17,000
115,795
15,000
1975
1,331,715
1,101,925
65,850
46,000
4,000
113,940
' 1976
1,429,510
896,270
66,000
47,000
20,240
300;000
100,000
1977
1,441,044
1,069,044
66,300
47,000
35,700
223,000
1978
1,583,156
1,188,556
78,500
47,000
8,600
260,500
1,631,608
1,261,108
78,500
47,000
245,000
V1979
1980
1,631,608
1,151,808
104,000
85,800
290,000
1981
1,631,608
1,245,108
64,500
47,000
275,000'
1982
1,759,284
1,356,029
125,305
57,950
220,000
'
1983
1,740,623
1,453,033
92,155
55,435
140,000
1984
1,757,487
1,617,500
77,313
62,673
' (A) All
for Storm Sewer Construction except
1976 the $100,000 is for
settlement
of
Sullivan law
suit.
(B) In
1979 Civil Defense Fund became a part of the General Fund
1 -107- '
-108-
TAX LEVIES AND TAX
COLLECTIONS
,
Years 1975 through 1984
Collections
Percentage
Collection,
of Current
of Levy
of Prior
Years Taxes
Collected
Year's Taxes
Year
Total Tax During Fiscal
During Fiscal
During Fiscal
Total
'
Collected
Levy* Period
Period
Year
Collections
--- - - - - --
--- - - - - -- --- - - - - --
--- -: - - --
--- - - - - --
--- - - - - --
,
1975
$1,022,810 $. 995,242
97.3
$ 16,563
$ 1,011,805
1976
1,139,240 1,117,070
98.0
18,377
1,1350447
1977
1,136,825 1,123,704
98.8
22,470
1,i46,174
,
1978
1,220,013 1,186,640
97.3
16,687
19203,327
1979
1,253,698 1,236,676
98.6
20,648
1,257,324
1980
1,150,273 1,122,161
97.6
21,268
1,143;429
1981
1,090,455 1,074,134
98.5
39,938
1,114,072
'
1982
1,262,780 1,236,497
97.9
19,120
1,255,617
1983
1,249,602 1,208,840
97.4
26,702
1,235,542
1984
1,285,324 1,253,908
97.6
20,640
1,274,548
'
* Tax levy
has been adjusted by the Homestead Credit
(Property tax replacement)
which
is a revenue from other agencies and has been
incorporated into Table VI.
SPECIAL ASSESSMENT
COLLECTIONS
'
Years 1975 Through 1984
Percentage of
'
Uurrent Special
Current Collected
Fiscal
Assessment Becoming Due
Current Special
During Fiscal
Period
--- - - - - --
-- During Fiscal Period
------- - - - - --
Assessments Collected
----------------
Period
- - - - -- --------------- -
'
1975
$ 90,045
$ 49,149
54.6$
1976
107,784
60,320
56.0
'
1977
114,673
70,635
61.6$
1978
107,635
68,029
63.2$
1979
160,087
110,534
69.0$
'
1980
129,773
70,627
54.0
1981
190,708
102,985
54.0
1982
217,927
107,932
49.5$
1983
285,.780
150,561
52.7$
'
1984
299,748
186,870
62.3$
-108-
1
1
Table IV
0
Delinquent Specials
qu t ,pee s
Collected During
Fiscal- Period -(A)
Total Special
Assessments Delinquent
At End of Fiscal Period
-
Table V
Deferred Special Assessments
Collected Balance Fund
Fiscal Period of Fiscal Period
-
---------------------- - - - - --
$ 71,642
$ 116,642
Ratio
$ 372,361
67,434
Accumulated
Ratio
388,565
Delinquent
'
of Total
Accumulated
Taxes to
Collections
Delinquent
Current Year
To Tax Levy
' - - - - - --
Taxes
--- - - - - --
Tax Levy
--- - - - - --
.9892:1
$ 66,224
.0647:1
.9965:1
709606
.0169:1
1.0082:1
59,211
.0520 :1
.9863:1
64,287
.0527:1
1.0029:1
31,977
.0255:1
' .9940:1
18,86.4
.0163:1
1.0217:1
25,547
.0234:1
.9943:1
12,888
.0102:1
.9959:1
49,644
.0400:1
.9916:1
36,290
.02823:1
Delinquent Specials
qu t ,pee s
Collected During
Fiscal- Period -(A)
Total Special
Assessments Delinquent
At End of Fiscal Period
-
Table V
Deferred Special Assessments
Collected Balance Fund
Fiscal Period of Fiscal Period
-
---------------------- - - - - --
$ 71,642
$ 116,642
$ 75,305
$ 372,361
67,434
111,221
206,197
388,565
65,345
98,553
1049930
388,481
46,218
66,142
1559037
436,962
439693
71,605
78,080
411,494
41,215
879512
136,281
6020047
70,016
111,314
287,194
509,999
' 94,298
94,702
301,367
1,335,493
130,298
152,744
313,682
1,048,215
119,372
154,154
236,474
857,906
' (A) The City bills the property owner directly when a special assessment
installment becomes due. If the installment becomes delinquent, it is certified to the
t county for inclusion on the following years property tax statement and is shown
as a delinquent collection.
-109-
Table VI
�J
C
n
1
REVENUES -OTHER THAN PROPERTY TAXES
AND SPECIAL
ASSESSMENTS
Years 1972
Through 1984
Charges for
Licenses
(A)
Fiscal
Revenues from
Use of Money
Service and
and
Fines.and
Profits of
'
Year
Other Agencies
and Property
Other Revenue
Permits
Forfeitures
Proprietaries
1972
$817,715
$44,535
$311,790
$33,823
$13,557
$238,732
1973
1,285,224
37,473
312,824
37,216
21,680
308,080
1974
1,070,363
112,407
329,122
41,259
20,181
361,74?
1975
1,304,408
89,266
341,341
47,807
29,573
298,283
,
1976
1,635,915
172,632
295,683
62,079
47,096
261,837
1977
1,883,756
144,293
342,277
71,228
50,406
128,169
1978
2,059,462
135,292
313,456
76,870
38,191
106,014
'
1979
2,096,084
179,135
369,891
78,164
49,067
32,521
1980
2,272,119
474,873
419,930
68,710
72,274
106,845
1981
2,857,636
966,078
997,236
104,027
67,301
835,981
1982
2,310,131
545,881
1,248,375.
148,773
47,073
444,962
'
1983
2,990,623
530,037
1,009,358
156,410
51,870
693,691
1984
2,470,131
602,397
802,756
215,942
51,009
694,436
'
(A)
The Years 1972
-77 do not include depreciation
for Sewer and
Water Funds
Table VII
EXPENDITURES FOR SELECTED FUNCTIONS
Years 1972
Through 1984
'
Fiscal,
General
Public
Public
Sani-
Parks and
Year
Government
Safety
Works
-- tation --
Library
Recreation
'
1972
$226,527
$605,120
$357,901
$ 196,760
$75,500
$333,047
'
1973
353,833
685,606
391,057
186,850
77,300
369,402
1974
311,850
698,704
432,422
208,752
82,500
420,323
1975.
310,540
860,723
457,316
224,569
147,851
463,877
1976
374,191
875,714
511,377
227,055
103,280
512,066
1977
406,864
981,059
577,072
233,598
109,635
537,332
1978
424,527
1,070,279
606,541
246,957
121,968
676,027
1979
460,152
1,160,243
515,417
255,693
143,018
547,525
1980
516,593
1,315,826
566,643
268,793
163,801
622,154
1981
538,618
1,380,692
576,754
336,997
188,440
652,611
1982
536,804
1,454,404
581,121
403,670
188,343
634,395
,
1983
548,977
1,537,897
561,632
430,126
265,803
625,030
1984
563,717
1,654,871
645,265
450,010
212,379
753,430
1
Table VIII
' STATEMENT OF LEGAL DEBT MARGIN
December 31, 1984
Assessed Value $119,107,884
Debt Limit 7 -1/3% of Assessed Value (Note A) 8,734,578
' Amount of Debt Limit Applicable to Debt Limit:
Total bonded. debt 11,825,000
Less Note B:
' Tax Increment 9,225,000
Special Assessment Bonds 2,600,000 11,825,000
Total Debt Applicable to Debt Limit
Legal Debt Margin
8,734,578
Note (A):
M.S.A. Section 475.53 (Limit on Net Debt)
Subdivision 1. Generally. Except as otherwise provided-in sections 475.51 to
to 475.75, no municipality, except a school district or a city of the
first class, shall incur or be subject to a net debt in excess of 7 -1/3
zaercent of the assessed value."
Note (B):
M.S.A. Section 475.51 Definitions:
Subdivision 4. "Net debt" means the amount remaining after deducting
from its gross debt the amount of current revenues which are applicable within
within the current fiscal year to the payment of any debt and the aggregate
of the principal of the following:
(1) Obligations issued for improvements which are payable wholly
or partly from the proceeds of special assessments levied upon
property specially benefited thereby, including those which are general
obligations of the municipal issuing them, if the municipality is
entitled to reimbursement in whole or in part from the proceeds of the
special assessments.
(2) Warrents or orders having no definite or fixed maturity.
(3) Obligations payable wholly from the income from revenue producing
conveniences.
(4) Obligations issued to create or maintain a permanent improvement
revolving fund.
(5) Obligations issued for the acquisition, and betterment of
public waterworks systems, and public lighting, heating or power systems, and of
systems,and of any combination thereof orfor any other public convenience from
which a revenue can be derived.
(6) Debt service loans and capital loans made to a school district
under the provisions of sections 124.42. and 124.43.
(7) Amount of all money and face value of all securities held as a
debt service fund for the extinguishment of obligations other than those
those deductible under this subdivision.
(8) All other obligations which under the provisions of law authorizing
their issuance are not to be included in computing the net debt
=of the municipality.
r
t
COMBINING SCHEDULE OF BONDS
PAYABLE
December 31, 1984
Interest
Rates and
Issue
Maturity
'
Dates
Date
Date
SPECIAL ASSESSMENT BONDS:
-------- - - - - --
--- - - - - --
--- - - - - --
'
Permanent Improvement Revolving Bonds of 1982
12 \1 \84
12 \1 \85
------------------------------------------ -- -
- --
All Callable in inverse order on
December 1, 1983 at 105% of their
principal and on any interest payment
6.70 12 \1 -6 \1
'
date thereafter at 100% of their principal
'
Permanent Improvement Revolving Bonds of 1984
------------------------------------------------
6.50% 3 \1 \1
6\1\84
3 \1 \96
t
Bonds maturing on or after March 1, 1989
-9
callable in inverse order at 100% of their
7.00%
principal accrued interest
7.50%
8.00%
'
8.25%
8.50%
8.25%
'
9.00%
9.20%
9.40%
9.60%
9.75%
Total Permanent Improvement Bonds
GENERAL OBLIGATION BONDS:
Storm Sewer Bonds of 1965
--------------------- - - - - --
All callable after January 1, 1980 in
inverse order at par and accrued
interest plus a premium of $50 per bond
-r12-
10 \1 \65 1 \1 \85 '
3.60% 1 \7 -7 \1 _
Table I%
Annual Interest
Orginal Serial Balance Balance Paid in
'Issue Payments 1 -1 -84 Sold Retired 12 -31 -84 Cur.Year
------- - - - - -- ---- - - - - -- ----- - - - - -- ----- - - - - -- ----- - - - - -- ----- - - - - -- --- - - - - --
' $2,550,000 $ - $ - $ - $ - $ - $
2,550,000 (85) 2,550,000 - 2,550,000 - 170,850
$2,600,000 $ - $2,600,000 $ - .$2,600,000 $ -
$140,000 (85)
' 150,000 (86)
160,000 (87)
170,000 (88)
' 185,000 (89)
195,000 (90)
215,000 (91)
' 230,000 (92)
250,000 (93)
275,000 (94)
300,000 (95)
' 330,000 (g6)
----- - - - - -- ----- - - - - -- ----- - - - - -- ----- - - - - -= --- - - - - --
$2,550,000 $2,600,000 $2,550,000 $2,600,000 $170,850
' ----- - - - - -- ----- - - - - -- ----- - - - - -- ----- - - - - -- --- - - - - --
$140,000 $140,000 - $140,000 - $5,040
-113-
' - ..
h
COMBINING SCHEDULE OF BONDS PAYABLE (Continued)
December 31, 1984
Tax Increment Bonds of 1980
Bonds maturing in 1991 and later
years will be subject to redemption
and prepayment at the option of the
city in inverse order of serial
numbers on March 1, 1990
Tax Increment Bonds of 1982
All callable in inverse order on
December 1, 1983 at 105% of their
principal and on any interest
payment date thereafter at 100%
of their principal
-114-
Interest
Rates and Issue Maturity
Dates Date Date
-------- - - - - -- --- - - - - -- --- - - - - --
9\1\80 3 \1 \02
8.00% 3 \1 -9 \1
8.00%
8.00%
8.00%
8.00%
8.00%
8.00%
8.00%
8.00%
8.00%
8.00%
8.'10%
8.25%
8.40%
8.50%
8.60%
8.75%
8.75%
6.75% 12 \1 -6 \1
12 \1 \82 12 \1 \85
'Annual
Orginal Serial
Issue Payments
$8,175,000 $
Tab le IX
Interest
Balance Balance Paid in
`1 -1 -84 Sold Retired 12 -31 -84 Cur.Year
8,165,000 - 10,000 8,155,000 671,750
(85)
14.0.,000 (86)
' 190,000 (87)
250,000 (88)
300,000 (89)
' 350,000 (90)
425,000 (91)
475,000 (92)
525,000 (93)
' 550,000 (94)
650,000 (95)
700,000 (96)
' 700,000 (97)
700,000 (98)
700,000 (99)
' 700,000 (00)
700,000 (01)
100,000 (02)
$450,000
0
$450,000 $ - $450,000 $ -
-115-
$30,150
COMBINING SCHEDULE OF BONDS PAYABLE (Continued)
December 31, 1984
Tax Increment Bonds of 1984
Bonds maturing on or after March 1, 1992 will
be subject to redemption and prepayment at
the option of the city in inverse order,
on March 1, 19,91 and any interest payment
date thereafter at 100% of their
principal plus accrued interest.
Total General Obligation Bonds
Total Bonds Payable - All Funds
i
Interest
Rates and Issue Maturity
Dates Date Date.
-------- - - - - -- --- - - - - -- --- - - - - --
6 \1 \84 3 \1 \94
3 \1 9 \1
7.00%
7.40%
8.00%
8.25%
8.50%
8.75%
9.00%
9.20%
9.40%
r
r
r
rAnnual
Orginal Serial
rIssue - - - - -- Payments -
$1.,070,000
1
90,000 (86)
' 95,000 (87)
100,000 (88)
105,000 (89)
115,000 (90)
r 125,000 (91)
135,000 (92)
145,000 (93)
r160,000 (94)
r
r
r
r
r
r
r,
r�
�1
i
Table IX
Interest
Balance Balance Paid in
1 -1 -84 Sold Retired 12 -31 -84 Curr.Yr.
------ - - - - -- -----------
$1,070,000
-
$1,070,000 -
$8,755,000 $1,070,000 $600,000 $9,225,000 $706,940
$11,305,000 $3,670,000 $3,150,000 $11,825,000 $877,790
-117-
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SCHEDULE OF INSURANCE IN FORCE
December 31, 1984
Type of Coverage
------ - - - - -- Policy
Period Building
from
to or Structure
Contents
- --- - - - - --
All Risk Coverage under the Public and
--- - - - - -- ----- - - - - --
----- - - - - --
Institutional Property Policy 1 \1 \83
12 \31 \$3
(90% Coinsurance -$500 Deductible)
40th Avenue Liquor Store
$70,000
University Avenue Liquor Store
80,000
Central Avenue Liquor Store
400,000
-
$150,000
(90% Coinsurance -$500 Deductible)
City Hall
$1,645,630
$316,246
LIbrary
613,249
264,379
City Garage
1,640,899
126,498
Liquor Store -40th Avenue
98,453
10,624
Liquor Store - University Ave.
152,133
16,087
Liquor Store - Central Ave.
-
200,000
Community Center
839,415
43,491
Parks (11)
1,289,879
209,653
Well House - LaBelle Park
14,940
-
Band Stand
38,308
-
Bath House - Silver Lake
50,709
-
Warming House - Silver Lake
6,900
-
Lift Stations (3)
75,346
-
Water Tower
327,027
-
Pump Stations (2)
87,840
72,671
Warehouse - Cement
47,005
1,738
Warehouse -Metal
11,842
-
Water Meter Vault
10,389
4,743
Tema House
21,562
-
- - -- - - - --
$6,971,526
----- - - - - --
$1,266,130
($100 Deductible) - .
Personal property consisting of road construction
equipment, maintenance equipment, and other
equipment stored in municipal buildings
4500 Deductible on Police and Fire only) - - -
Personal property consisting of motor vehicles
-119-
$759,410
$458,478
1
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Table %I
0
' Contents Type of Coverage
----- - - - - -- ------------ - - - - --
Boiler explosion .
Workmen's Compensation
$70,000
80,000 Comprehensive Auto Liab.
400,000 Bodily Injury _ _ _
----- - - - - -- Property Damage
' -- $150,000-
Uninsured Motorists
Policy Period
from to
---------------
1\1\84 12 \31 \84 $100,000 per accident
1 \1 - \84 12 \31 \84 Statutory
1 \1 \84 1 \1 \85
$500,000
$500,000 $250 Deduct.
$50,000
$316,246
'
264,379
Automotive Physical Damage
$360,000
126,498
$500 Deduct.
10,624
Comp. Bus Liability 4 \13 \84 4 \13 \85
' 16,087
Bodily Injury
$500,000
200,000
43,491
Property Damage
$500,000
' 209,653
Uninsured Motorist
$50,000
-
Comprehensive General Liab. 1 \1 \84 12 \31 \84
-
Bodily Injury
$500,000
-
Property Damage
$500,000
-
Statuary Liq.Legal Liab. 1 \1 \84 1 \1 \85
$500,000
' 72,671
1,738
Public Official Liab. 1 \29 \84 1 \29 \85
$1,000,000
,•..4,743
Umbrella Liability 6 \9 \84 6 \9 \85
$5,000,000
$10,000 Retention
$1,266,130
The comprehensive general liability - includes the following
additional coverages: (a) Personal injury coverage
to include
false arrest, libel, slander, wrongful entry
or eviction
or invasion of right of privacy (b) Loss of business income
'
(c) All employees as additional insureds (d)
Comprehensive
$759,410
----- - - - - --
glass and neon sign breakage (e) Miscellaneous
property floater.
'
$458,478
t
-120-
1
Table YII
PRINCIPAL CITY OFFICIALS
AND SURETY BONDS
Year Ended December 31, 1984
Amount of
'
Name
Official Title Surety Bond
Mayor and Council:
Bruce G. Nawroeki
Mayor
Arden Hovland
Councilmember
Rita M. Petkoff
Councilmember
Edward M. Carlson
Councilmember
'
Gary L. Peterson
Couneilmember
Administration:
Robert S. Boewinski
City Manager
,
Linda Magee
Administrative Assistant
William Elrite
City Clerk - Treasuere- Finance
Director- Liquor Operations
Manager $ 50,000
Ronald Kalina
City Attorney
Fred Salsbury
Public Works /Director /City Engineer
Karen Meuleners
City Assessor $ 50,000
,
Stuart Anderson
Chief of Police
Donald Johnson
Chief of Fire
LeRoy Goranson
Building Inspector
'
Martin Gavic
Plumbing Inspector
LeRoy Goranson
Heating Inspector
Donald Weindand
Electrical Inspector
Donald Jolly
Superintendent of Public Yorks
'
John ;iggas'
Recreation and Community Services
Director
Rebecca Loader
Librarian
'
In addition to the positions listed above where bond amounts appear, the City
has a $100,000 Faithful
Performance Blank Position Bond on all City Employees.
'
1
MISCELLANEOUS STATISTICAL FACTS
1984
Date of Incorporation
Date of Adoption of City Charter
Form of Government'
Fiscal Year Begins
Area of City
MIles of Streets and Alleys:
Trunk Highways
County
City Streets
Alleys
Miles of Sewers:
Storm Sewers
Sanitary Sewers
Watermain Miles
Building Permits:
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
Estimated Cost:
1972
.1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
-122-
TAble ZIII
March 14, 1989
July 21, 1921
Council - Manager
January 1
3.52 Square Miles
3.0
6.2
61.8
18.9
33.6
59.0
66.1
518
529
485
608
595
658
687
663
555
644
519
540
525
X2,180,740
2,032,525
2,916,519
3,148,524
3,4.12,415
4,701,644
6,996,678
3,316,115
3,264,460
8,822,479
13,757,934
7,829,198
12,059,779
MISCELLANEOUS STATISTICAL FACTS (Continued)
Fire Protection:
Number of Stations
1
Number of Employees:
49030
Full Time
7
Volunteer
22
Police Protection:
123
Number of Stations
1
Number of Employees
23
Parks:
6,035
City Parks
13
Playground
11
County Park
1
Schools:
23,997
Senior High
1
Junior High
1
Elementry
3
Prochial Elementary
1
Employees: (as of December 31, 1984)
21,890
Regular
94
Part Time
64
Temporary
20,029
Elections:
Registered voters - last city general election
119908
Number of votes cast last city general election
49030
Percentage of registered voters voting
34%
Population:
1900
123
1920
2,968
1930
5,613
1940
6,035
1950
8,175
1960
17,533
1965 (mid- decade census)
23,283
1970 (census)
23,997
1973
24,079
1974
23,503
1975
23,316
1976
22,324
1977
21,890
1978
21,300
1979
21,270
1980
20,029
1981
19,800
1982
19,670
1983
19,560
1984
20,029
-123-