HomeMy WebLinkAboutMN-CC-1931-03-04 -12 f
COZ"a OTT JPPOUATCIh
REGULAR MEETING MARCH 4119
Due to Mayor Bergholt z being in Albany at
the 1-Tayor 's Conference, and the lack of a quorum,
it was moved, seconded and carried that this :meeting
be adjourned to 7:30 P.Y'. , ?xonday, harsh 9,1931.
ADJOUMI D REGULAR ItEETII�TG _YARCH
— — — — — -- — — —7:17/0 P.2b2.
Present: Idayor Herman- Bergholtz
Aldermen--Gill, Sam ions, Lowe, Causer,I:yers,
Atkinson,Hines,Rogals'.,y,Hoff.nan
Attorney--Treman
Commissioner of Charities--Green
Chief- of- Police--Marshall
Sunerintenc±ent--Feller
Engineer--Eustance
Minutes of the meeting of February 4th were
duly approved. ,
Attorney Thaler, on behalf of the property owners
on East State Street from Aurora. Street to the foot of the
Hill requested the Common Council to appoint a Committee
to ma'ke. a- study of the procedure leading up to this
assessment from the time this ,�,ork was first authorized.
There,.-was a general discussion and consideration of the
objections offered, but no action was taken.
Attorney Sovocool, on behalf- of some of the property
owners along North Cayuga Street, north of Cascadilla
Creek, requested the Common Council to modify or wive the
proposed assessment as a matter off fairness, pointing out
that this was a main street and as such should be unproved
at the expense of the City at - large rather than by
abutting property owners. He stated that the property
owners anticipated that the heavy increase in traffic,
particularly trucks, would soon wear out this top surface
and they mould then be called upon to meet another
assessment, in a co:�_,paratively sort time. The -objections
raised were discussed, but no action taken.
Assessments The Clerk reported that the Board of Public "�orks
Confir ied had approved the assessments for various public i._nnrovements
and filed a schedule of the same wit.i the recormnendation
that they be approved and confirmed by the Co.rt_-lon Council.
By Alder:'ilan Hine:seconded by Alderman Loge: __
WHEREAS, the Board of Public Work.s levied-assess-
:�ents on January 20,1,31 for •various public improve_vents
and after Public Hearing held on February 25,1931 duly
corrected and adjusted said assess--vents as justice required,
and,
WHEREAS, said assessments were finally ap-oroved
by said Board on March 2,1931 and a schedule thereof
filed with the Co.. ton Cou#oi1 for confirtlation now
therefore,
BE I^1 RESOLVED, that said assessments, as finally
approved and filed with this Board, be and they are
hereby in all respects are--;roved and confir;ied, and the
City Gle-rI� directed to prepare a "arrant on the City
Chamberlain in accordance with such schedule for the
collection thereof and said assess.,Aents aye hereby declared
due and payable fro_i the date of execution of saic_ Tarrant,
anci. on all such assessments or portions thereof remaining
un-oaid after the exi)irat-� on of six (6) mo Ltils fror.,., said
date, -t_le CitT; Chamberlain shall ads. and collect a. percentage
hereof at the rate of six percent per annum, -and `all
properties having such assess_ents or portions thereof
remaining unpaid on October 10,1932 shall be inclu",ed by
the City Chamberlain in the City Tax sale for 1G32
in the manner nrovid.ed by law, except and provides_ however
t_-at t-,-.e City Chamberlain may allOta any person to pay their
. 22
- 2-
assessment, if the total amount exceeds Seventy-five
Dollars, in five equal annual installments with
interest at six percent on or about June 1st to
each year, or if the total exceeds Five Hundred Dollars,
then in ten equal annual instalments with interest
at six percent, provid,..d, horever, that any
person desiring to pay, by instalments shall wake
application in :iriting to ttie City Cha iberlain not
later than October 10,1931.
Vote by Roll Call.
Ayes--9 Nays--J Carried.
APPROVED:/e,,, . . . n
dray Or
Mayor BerSholtz nominated Dr. Frank J. 11cCorniick
as Com.nissioner of health to fill the vacancy .
caused by tie aeath of Dr. V.A.Moore. ,
By Alderman Causer: seconded. by Alderman Sari ions:
RESOLVED: that the nomination be approved
and Dr. Frank J. 11rcCorrilick be and. he hereby is
appointed Commissioner and lierlber of the Board of
Health to fill the unexpired ter:.: of Dr.V.A.Moore,
deceased.
Carried
By Alderman Dyers: seconded by Alderman Sa;nrions:
RESOLVED: that the followin bills approved
and audited by the Finance Committee be and the
sale are hereby approved for payment:
GENERAL
Audited 14:arch ,1931.
The Atkinson Press $73, 50
5illiam A. Church Co. 80. 50
Parker & Granville 1,90
T. G.Miller Sons Paper Co. 13.70
C. S.Robinson 50.00
C.J.Ramsey & Co. 1.08
Burroughs Adding 1,�achine Co. 3. 25
E. S.Holmes & Son 45
Reynolds & Drake Garage Co. 1.00
Ithaca-Journal-News 11.014-
_ J.E.VanNa"5,ta 74.40
Association Gas & Elec. Corn. 61.95
to J1 n of 224:84
Elie J. Miller S Co. , Inc. .85
Texaco Service tation (C.A. Dennis) 22. 39
Ithaca Laundries, Inc. 3,13
Lillian Seacord, service,nurse 150. 00
Schaberts Cycle Shop 12.9
Hand Stamp Co. 05
Stover Printing Co. , 20. 50
Police Pay Roll, Feb.lst to 15th 1, 608. 26
11 it if " 16th to 28th 1, 6o8. 26
Co :non Council.,monthly pay roll 1, 599-98
S. P.C.A. 223. 84
Addressograph Co. . 00
Frank Z. Hillick 2 .00
tail 1 iawn Si:--::1ers 30.00
County Clerk, _arriage License 14. 00
Treman, Kind; & Co. 3.00
S.P.C.A. 567. 50
Hazel Little 7. 20
Frank Z Hillick 24.00
William Simiers 60.00
J.E.Matthews, expenses 65.85
1 2
-3- General Conttd
City Chamberlain,Petty case Vouchers $6. 99
New York Telenhone Co. 9.76
County C1erk,I1unting Licenses 26.00
Charles EastfAan 61. 6
Ezra Seacord, 89 4
Reuben Dworsky 30.00
New York Telephone Co. 62. 92
AUDITED
:arch 9,1931- -
hand Stamp Co. 4.10
Memo Company 17. 50
C.D.Tarbell 10.00
Ferriss J. I:.eeker, ear milegge 10.08
Vera Wicks Snyder 20.05
T.C.Miller 's Sons Parser Co. 1. 25
Herman Bergholt z,Albany Expense 56.00
H.A.Carey Co.
371+ 93
OLD AGE SECURITY
Audited March 9 T+,11.� _ -
C.D.Tarbell,P. 52. 68
Reuben Dworsky 60.00
107 Relief Payments for is arch 2) 902.00
Audited ';:arch 9,1931•
Iths.ca � eriorial Hospital(Jas.Williams) 4o. 4-
d.Foran,I . D. 40.00
(I,rs.Lyman Bagley) 9.00
KXrs.red Hemingway) 10.00
R.H.Fisher S.F. Trip_o) 26. 00
CHARITIES
Audited 1arcn 4,1931.
Abbott Bros. 104.00
L. S.Jones 47.00
G.F. StuTrock 149- 50
S.J.Jolly 42.00
L.J.Gaurni er 38.00
Pat ri c'ti Clyne s 123.00
Lake View Dairies 5.06
Fran% Daino 31.00
C.F.Norton 2. 50
Teeter & Personius 14.70
John H. Flynn 53. 50
Ja-,es Lynch Co,,a Co. , Inc. 89. 25
R.111.Vose,? . D. 17.00
Dr, V.A. S with 37.00
Baldwin & Davis 75.00
I'lary E. pack 20.00
Lulu M. Myers 45. 00
�lettie VanDenrnark 16.00
N. Y. State Hospital for Incipient T.B. 9. 30
Ithaca I-jemorial Hospital 210. 65
Edward J. Handlen 122. 50
Elizabetri Bishop 12. 00
Martin Srnha 52. 60
i;T.P.Kl ink o 8.00
r
Bruno . azza- 15.,.00
Fr��nk Daino 25.00
F.E.Nort on 39. 50
Sam gu.rry 20.00
Er. Wallenbeck 63. 00
E.B.Fulkerson 12.00
"elsey & '::osher 16.00
4
-�;-
Luce Dairy Co.
Marshall Dairy Co. 1. 20
Ropinson & carpenter 163.90
Thing Shoe Stores, Inc. 14. 36
=Harriet H. �y'ixon '.00
ViAcent H. Ca :ipbell 12. 50
Esther E. Par?_er,';!. D. 10.00
E.F+,..Cary,' . D. 25.00
Wilson & Burchard 13. 00
R. C.Warren,Pri.D. 220.00
11.J.Foran,'7. D. . 48.00
C.J.Haskins 32.00
1-rp. Fred C.Bock 32.00
AUDITED LARCH 921931.
R.H.Fi she r,? .D. 36-90
Wi .bur Fish 9. 50
Drs Esther E. Parker 26. 50
Lake View Dairies 2. P;2 James Lynch Coal Co. , Inc. 102.44,
August o Bal dini F1.00
Ithaca Uemorial Hospital, 271.70
Ithaca Fuel Sun-oly Co. , Inc. 68.75
South Side Coal Co. 49.()o
L.t7. Champaign 58.00
T.r.Miller Sons Paper Co. 10. 50
F.H.At,-,ater 74. 5o
arshall Dairy Co. 7.
Family Welfare Society* 3. 20
!,:
OFFICE OF 7HE UI_s CLERK
C 17 Y H LL
I THACA, INT .Y .
--AIT�TUAL F INAiTCIAL REPORT--
. 1930
Hon. Mayor and Aldermen
of the City of Ithaca, N.Y.
Gentlemen:
Pursuant to the provisions of the City Charter, I transmit
here?vith my Annual Financial Report showing the financial transac-
tions and condition of the City during and at the close of the fis-
cal year ending December 31, 1930 .
ASSESSIMITT AITD TAX STATISTICS ,
Property 'valuation Summary
Total assessed value real property 59, 13
Total assessed value exempt 11 21, 6 , 7L0 .
3Tet assessed. value real -oro`perly 37,570 ,375 .
Assessed value special franchises X9,6 2 .
Total assessed value subject to taxation ,3 O2 041
The City Tax rate ,vas (_�10 .Z O per thousard
dollars of assessed valuation. There remained
no uncollected City taxes at t_le close of the
year on December 31, 1930 .
Budget Summary
Surplus of prior year 30, IS2 .38
Estimated revenues 71, 80.13
Tax levy required 30 52 .48
01)000.00
Reca-oitulation Valuation of Tax Exempt Property
Fensi on w 9e' ,69, 5 .00
C 1 er.yman 10,-;00 .00
Charitable and Hospital F-7)475 -00
Reliz°ious, Churches etc . 1, 2 ,350 .00
County Property 1�!475 .00
U.S .Govrt Property 225, 500 .00
TomokinsAg_ . Society j8, �0 .00
'I,elluride Association 140,x+;0 .00
Y .Y . State Property 1,000.00
F!UCATIOITAL
Public Schools 1 ,3 ,050 .
Parochial It 52, 575 .
Public Library 125,�� j .
Conservatory of ITusic 3 X77,3
Cornell 'Jniv.t, I, .Y.S .Col . 15,T'LtA, Q j . 1 , � 8,735 .00
CITY PROPERTY
Par'-,,s,Pla lgrounds 2_ C em. 21.-q",) 700 -
Public Utilities 1,09 , 50 .
Fire Department 225 .
Charitable and Hospital 1041 900.
Other Grounds & B1d�s . 119, 75 . , 723 ,350 .00
Total Exemptions 21 ,565,780 .00
During 1930 the followi,_rig bonds becaf_1e due anc'.r. ,-ere paid:
Issued Title Redeemed
1907 Creeks, Drair_ac.,e & Park 1� x,000.00
1919 Ir �Drover, eat- , Series "All 10,000 .00
191 n rr rr Ln 10,000 ,00
192 " It "C" 10 ,000.00
1925 n n I'D" 1_0,000.00
192 Public Grou nds ^,3'_ca�fir, rr 5,000.00
1921-7 n n rr rr r ,rr 5,000.00
Tctal _ 2000 .00
Bonds Outsta Cl-ink Jan. 1, 1931 •
General City Bonds 1,020,000.
School Bonds 305,000.
I V at'er Bonds -3 7,000 .
Less Sinking Fund 49,751 - 297s249 .
Total "Tet Bonded Debt '1.;622, ?_49.
Cur constitutional debt liri1i Cation at -or eserit is 3 .5% out of
an allowable 10 0.
The following are the formal financial statements which are
criven this year in rather condensed form in an endeavor to econo-
nize and yet give a clear picture of the financial condition.
Further details of all accounts and the various funds may be ob-
tained by applying at the office of the City Clerk where they are
always open for inspection.
CURRJT ACCOUNTS
BALANCE SHEET AS OF DECIZBER 31, 1930
ASSETS
Curre-L't Cash 6, 915 .78
Water Cash �� ,612 .4 95,525 .26
Water Rents r ec e J-vabl e 16,034 .96
it accounts receivable 178 .95
Due from Trust Accounts 1,450 .685
I'liscellaneous Accounts Rec(,,iva±:)le 11, 722 .7
Current Assess-.'Ile,.-Its Receivable 1.4,1��
max Sale Certificates of ned by City �O"5 .92
Tax Deeds or zed by City �!22 . � 45,619.63
Total $141, 147.89
LIABILITIES
^eser,re for 17ater Dept .cur.rLnt 3 ,000 .00
C er,et ery Fund 6q 4.
l�
I riprovenent Funs' 10,0,05 -18
Reserve for Current obligations - 1930 10,500 .00
Reserve for Cur--cont assess.;ients receivable 1411 ',, .44
Reser-�Te fo miscella':zeous acco+.::zts rec . 11,722 .79
Reserve for Tax Sale Cert . cn�.ed by City X4 .92
Reserve for Tax Deeds of-net. by City
Reserve for Adva�?ce Payments on Sewe:-- Assts. 1,101.90
Reserve for Street Opening De;�osits 132 .00
Due -co County Clerk-'?arriv L e ce? e .1.
6 , 259 .00
Cur.re_:t sun-olus:
General 20,262 .50
Water '0e7Dart-nent 52,: 26 .39
72,888 .�Z;c
Total 141, 1�?7 . G
STTIIIIARY OF CUP,RE?�aT REVS`TUES AND EXPE7 SES
REVEI UES
Surplus of prior year 30, 982 .38
Taxes of current srear:
Amount of levy 3,038,528 . 7
Tax revenues , City purpose 398,528 .49
T.iiscellaneous revenues 112,613 .91
Trans±erred from Improvement Fund 3,000 .00
Various Refunds 2,100 .33
5, 100.33
$547,225 .11
Public Utilities - Commercial
.1unicipal Dater Dept . 148,633 .58
Surplus of prior year 49,555.50 198,189 .08
Total $745,414.19
EXPENSES
General goverment 73 ,284.62
Protection of persons and property 108,409 .02
Conservation of health 14,766.97
Sanitation & promotion of cleanliness 58,o27 .57
Highways 97,9i4.53
Charities and correctiorns 29,7`_0. 0
Recreation 10 ,6'-S2-P3
Public utilities - Non-comiiercial 4,792 .LIO
T"i sc ella-aeous 13 437 •�9
7unicipal Indebtedness 9, 1--2-z .12
Const . and Permanent Improvements 5 ' 24 .9
Total $505,033 .81
Municipal 17at er Department -- 141,837 -62
Tctal - Current Ex-penses 50
1930 City Taxes expu_Ved 22E-' -80
Appropriat cc'. from Tax Levy to Cemetery Fund 2,200 .00
Rese-ve for current obligations--ieal l Fund 19,500 .00
R6serve for current obligations-'rater Fund 3 ,000 .00
Loan due to ,,Va-er Fund 725 .00
2F ,653 .so
General Surplus 20, 262 .50
T_uricipal
--'at er Deo' t Sur,�lus . 52, 012b.3
72,888 .89
$745,414.19
TAX BUDGET EXPEYSES & COMP ARI SOF WITH PREC EDI TG YEAR
ON PER CA?iTA A;TD PERCE!: lAGE B_ SIS
Cost per Percent of
Ca:,D _ta total cost
1-929 19-1-0 1929 1230
General government 4 .35 $3 .52 13 .5 14.5
Protection of oer .& -,crop. .76 5 .21 19 .9 21 .5
Conservation of health . 7J. .71 2.9 2 .9
Sanitation e_ cleanliness 2.42 2.c2 10.4 1)_ .6
Hig,hi-=ays,creeks p, bridges 4 .71 1� .1 19 .4
Charities 1.1
43 4. 9
Recreation .64 .51 2 .7 2 .1
Par'_;i ^
Area .24 .23 1. .9
I.'i sc ellaneous .08 .07 .3 •3
Municipal indebted::zess 4. 22 4.El 17.0 19 .8
Const .& permanent imp: ove.lents 2 .03_ .26 .4 i .l
P-b .00 2T! .28 100 100 %
-4-
S T AT EI'"E 7 OF 111".ISO ELLAIv SOUS REVENUES
1. Special Taxes $ 82,14o .64
2 . Licenses and permits 1,440 .5
' . Fines and penalties 1,956.63
� . Franchises and privileges 500.00
5 . Interest 11,556 .96
6. SerTer Assessments 51 .50
7. General Government 940 .91
8 . Protection of Persons and property 322.50
9. Conservation of health 22.05
10 . Sanitation and ?promotion of cleanliness 1,22 .51
11. Highways 1,415 .56
12. Charities and corrections 490 .59
13 . Recreation 1,427.57
14 . Public Utilities - ?on-commercial 6,925 .00
15 . Miscellaneous 1,604.14
*Total, I-Tiscellaneous Revenues $112,613 .91_
16 . *1"unicipal 'dater Dept . Revenues
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STATE11EYT OF EXPENSES
I . General Government
101 . Aldermen or council 1,305 .36
102 . T-layor 1, 05
105 . City Chamberlain 6,570.19
110 . City Clerk 1 '6065
4
111 . Assessors ,7 .0 9
112. Law department-office of corp.counsel 2,262 .57
113 . Civil Service Commission 20 .75
11 . Office of Supt . of Public 7orks 11, &8 .17
116. Office of City Engineer 5,35Q 3'
117. Electi.o z 3,794.7
115 . City Court 5,050 .57
119 . Municipal buildings and offices 10,30- .80
120 . Planning Commission 314•U6
121 . Sinking Fund Commission 22.50
129 . 77orkmeni s Compensation 4,500 .35
129 . P1,eparation of jury list 1,558 .00
129 . Contribution to Cornell Library 200 .00
Total General Gove=',ient $73 , 284.62
II . Protection of Persons and Property
130. 3ureau of Police--?police force x;42, 930.64
132 . Bureau of Fire--fire figr�ti�1g force 56,5 5 .70
133 . Bureau of Fire--' ngs grou�:c?s 7,6�G .76
137 . Sealer of Weights and measures 1, 241 .32
1U . Electrical Board 5 .00
1 0 . Zone Appeal Board 21 .60
Total Protection of Persoi and Property $lo8,40q.02
III . Conservation of Health
150 . A(fmin.istrative Expense 4,786.77
151 . Conservation and inspection 4,509.34
152 . Isolation hospital 256 .50
154. Venereal Clinic 1,093 .73
1 1-. Hi scellaneous health clinics 3 ,269 .71
J_56 . Mosquito control _ 550 .92
Total Conservation of Health �14, Z60.57
I7. Sanitation and Prorioti.on of Cleanli_iess
160 . Se?^rers - general 16,10`0.75
161 . Street cleaning E,4oJ-•57
162 . Refuse and F.arbage collection p,. c.isp. 26,275 .57
164 . Sewaze Lis-Qosal Plant _ ?, 7S�> .6j
$ 5c ,627.57
-5-
• V. Highways , Creeks and Bridges
181 . Highways - care and maintena fee 93,0 52.10
182. Snow and ice removal 12250 .19
183 . Highways buildings 2,163 .91
18 . Bridges 1,370 .21
195 . Creeks 78 .12
Total Highways, Creeks and Bridges $97, 91 .53
VI . Charities and Corrections
190 . Commission of charities 21102.20
191 . Outdoor poor relief 15,989 .15
132 . Poor in families 3 ,519.75
19 Care in institutions 2,162. 7
19�. In hospital 5,548.63
195 . Correctional institutions (comrnitments
by court) 10 .00
$29 32 .00
VII . Old loge security ��58 .40
Total Charities and Corrections $29, 790 .40
VIII . Recreation
230 . Park Dept . - general 7,969 .89
231 . Playgrounds - Percy Field 636.02
232 . Public Baths - Stewart Park 998.34
233 . Band Concerts, celebrations e. entertain-
ments 1,000.00
234. ?Iemorial Day observance 15 .2
Total Recreation $10,562 .53
IX. Public Utilities--'_'?on-Comriercia.l
250 . Public Parking Area � 4, 792 .40
X. Miscellaneous
260 . Judgments and settlements 51.32
261 . Refunds and cancellation of taxes 61. 7
262 . Deficiencies in collection of taxes 1, 2960
263 . Purchase of property 28 .00
Total 1,1i sc ellaneous 1,437.69
XI . Municipal Indebtedness
270. Redemption of Debt F)5,000 -00
272 . Interest on funded debt ,043 .75
273 . Interest on Temporary Loans 379.37
Total 1uricipal Indebtedness $99, 923 .12
XII . Construction and Pernallent Improvements
Blvd. lights on Tioga F. aurora St .bridges 971.08
Sanitary sewer in 7orth St . 20-33
Sidewalk construction 1,30 -10
Percy Field Gra-ndstand 2,715 .00
Lake Level Survey - 69 .45
'"otal Construction P. Per':ia'ient Improvements 5,42 4. 6
IMPROVEMENT FUND (Bond Issue)
Revenues
Proceeds of Bond Issue $ 300,000.00
Receipts from Stewart Park Commission 9,000 .00
Returns on Paving & Curb & Gutter Assessments 9, 723 .09
Refunds on work done 1,g.52.?9
320,575.25
Disbursements
Transferred to Current Appropriations(Engineering) 3,000-CO
Construction of Storm Sewers 29,945.53
Construction of Sanitary Sewers 47, 56.36
Construction of Curbs & Gutters 25,135 .17
Construction of ITewPavements 112 ,333 .71
Repavements 23 ,500.66
Bridge construction 25 ,517.31
Stewart Park Improvements 16,624.97
Airport Improvements 5 ,402.70
1,Ii sc ellaneous 77ork 5,397-5
Stock (materials and supplies) 5,659.5
Cash Balance end of year 16,665.15
320,575.25
C7.1ET�Y F TaTD
Revenues
Cash Balance January 1, 1930 2, 297.76
Appropriated from General Fund 21200.00
Cash. Receipts during the ;rear 1930 427.35
Sale of Lots $ 43 .20
Care of Lots 16 .65
Burials 21 .50
Interest on Funds held in Trust by City
for the care and upkeep of C eme-c erY Lots 157.20
Refunds on work done 50.15
5, 132 .46
Disbursements
A. Salaries and wages 4,305.65
C . Office Expense 45 .07
F . Maintenance of Equip . 6.20
G. Materials and supplies 77.66
4,437.5
Cash Balance end of year 694.85
5, 132.46
1,777ICIPAL '',ATER DEPARVIE-7-IT
301 . Operating l anage:nent Expenses x,974.82
302 . Collecting Syste.l Expenses 6,004.14
307 . Purification Expenses 12,923 .20
304. Pumping Expenses 11,552 .63
305 . Distrilmtion Expenses 31,523 .75 65,575 .57
306. Interest , etc . on Bonded Debt . 29,255 .00
325 . Construction and Permanent Immorovements
Hvdrants,Yew 7ains, Valves , etc . 32,-20 .41
Clear Water ';'ell at Filter Pla, t 2,['r75 .47
Stock(mat erials and supplies) 6,975 .24
Total Const . � Permare-_-it Imp . 43 ,974.12
Total Expense: cf '"'meter Dept . $ 141,537.69
_7_
CAPITAL & SINKING FUND ACCOUNTS
Balance Sheet as of December 31, 1930
ASSETS
Capital Accounts
City Properties 1,787,000 .00
1, 787,000.00
Sinking Fund Accounts
Water Dept . Sinking Fund Cash 1,751.71
Sinking Fund Investments 48,000.00
49, 751.71
$1,83675121
LIABILITIES
Capital Accounts
Capital Loans 1) i72,000 -00
Sinking Fund Accounts
Water Dept . Siring Fund Reserve 49,751.71
Surplus
Capital Surplus 115,00000
11,836,751.71
Su1!F:, LY OF RECEIPTS AND PAYMENTS
RECEIPTS
Income on Investments 1,252.50
Interest on Bank Balances 41614
Contribution from Tates Dept . 157000.00 ,
10,669.74
Cash Balance beginning of year _ 26,083 . 3
42,752 .71
PAYMENTS
Investments purchased 41,000 .00
Accrued Inter.. est on above 1 .06
41,001.06
Cash Balance end of year 1, 751-71.
42 ,752 -77
i _dr
• TRUST ACCOUNTS
Balance sheet as of December 31, 1930
ASSETS
Trust Cash 51,315 .06
4'Jorkmen' sCom_nensation Res .Fund Investment 5,000.00
Active Firemen' s Relief Fund Investments 1,000.00
Total Assets $57,315 .06
LIABILITIES
rorkmen' s Compensation Res . Fund 20,439 .29
Active Firemen' s Relief Furze 1:x, 236 .48
Veteran Fireman' s Relief Fund 10,422.09
Perpetual Care of Cemetery Lots Trust Fund 7,251 .52
General Ins . Reserve Fund 1,15 .00
Due to Current Accts . (Cemetery Furl) 1, 50 .68
`57,315 .06
SUMMARY OF RECEIPTS & PAY 1ENTS
REC LI PT S
Workmen' sCompensation Reserve 2,421.15
Bala rce Beginning of year 18,0 .6 .13
20,439.29
Active Firemen' s Relief Fund 4,005 .36
Balance Begi_-Lni rg of near 15,366.1
19,371 .54
Veteran Firemen' s Relief F zncl --
Balance beginning of year 10,422 .09
10 ,422 .09
Perpetual Care of Cemetery Lots Trust Fund 655 .00
Balance Beginning of year 6, 96.52
7,251.52
General Insurance Reserve Fund 1 ,515 -00
$ 58,999.44
PAY!,.ZE`YTS
Active Firemen' s Relief Fund 3,135 .06
Balance end of year 16,236 .45 19 , 71.54
Balance end of year Workmen' s Comp.Res . �O ,`*39.29
Balance end of year Veteran Fire men I s Relief Furf, 10,422.09
Balance end ofyearPerp.Care Cemetery LotsTrust Fund 7, 251.52
Balance end of year Gen. Ins . Reserve Fund 1,515 .00
$ 5g ,c�99 .44
-9-
• STH-11ARY OF ALL ACCOUNTS
GRAND TOTAL RECEIPTS AND MSBURSMIENTS
Balance at Begi nii --cip, of Fiscal Year
Current Cash 5555O .85
Water Cash 36,156 47
Water Dept . Sinking Fund Cash 26M3 :43
Trust Cash 46,350_..52
$ 164,141.27
Receipts
Current Cash 9521462.�7
Water Cash 18
11,547- 1
Water Dept . Sinking Fund Cash Y669-34
Trust Cash 9,201.18
^1, 165,580.50
TOTAL $1,330,021 .77
Payments
Current Cash 0151,097.84
Water Cash 185,091 .20
Water Dept . Sinking Fund Cash 11,001.06
Trust Cash 4,236 .64
$ 1,181,426-74
Balames at End of Fiscal Year
Current Cash 56915 .78
Water Cash 38,612 .48
Water Dept . Sinking Fund Cash 11751-71
Trust Cash 51,�15-06
148,595.03
$1,330,021-77
Respeo,tfully submitted,
March 1, 1931 E. . theirs
Clerk 3 l -k
er