1976 Financial Statements~tat.ement of Cash Receipts and Disbursements
For the Year Ended December 31., 19'76
CxENERAL FUND
Cash & Investmera ~ Balance January 1, 1976
Receipts
Property taxes
Licenses & pes pits
Animal impoun~'.~:e:nt fees
Fines, forfe_it.:res & penalties
Intergovernmerr?al revenue
Local govr~r~nment aid
CETA r~eim~:.ersement,
Anti-rece~- ~,_ion aid
Machiner~• >;. i d
Homestead i edit
Fire contracts and calls
Consulting fees
Other income
Interest income
Rental i_nc~ome
Sale of supplies
Miscellaneous
Mayor's salary - unallocated
Total Receipts
Disbursements
City Council.
Salaries
Supplies
Other
Election e.apenses
Administration.
Salari cis
Empl 03~ ee beneE_i is
Tel epl~one
Printing ~ publ ish:irrg
Supp.l es
Con'er~once arid. t,rave.l. expense
Other
Engineering 3~f_~es
Legal fees
Auditin t'~'f's
alnsurance
Building inspr~~tion
$ 79, 661
~ 8, 487
132
1,302
131, 455
6, 863
7 54
4,070
2, 500
8, 510
1,263
44~~
150
376
73
352
$ 4,080
22
25
1,066
41,529
7, 337
1, 409
2, 5ci3
2,068
1,392
1 , 202
29,847
3, 67 5
3, 500
9, 683
5, 566
~$ 6, 240
$256,;388
-1-
GENERAL FUND
Disbursements cc~~ ~ ?~ ~ d.
Municipal bu_i =sing maintenance
Utilities ~ 1, ~~2
Cleaning 1,466
Supplies 68~
Other 202
Police protest-ion 38,352
Fire. prot,ec t i 8, 410
i.vi1 defense:' 1,052
~og cont:rol 2, 549
Assessor ~ s t e:-~~; 7, 599
Sanitation 21., 640
Bi centenn:ial .penses 372
Library 2,029
Senior citize~~ti x,16'7
Historical &. Trirormaton center 14,328
Flanni_ng and .~~~ning '7, 520
Annexation costs 1,081
Commun_i t.y school 2,000
Alleyway - purchase expense 115
Payroll. taxes 3,656
'Transfer out 1 ,'7'72
ash & Investment Balance December 31, 19'76
CAPITAL OUTLAY REVOLVING FUND
ash & Investment Balance January 1, 19'76
ecP.ipts
Property taxes
Interest income
ash & Investment Balance December 31, 19'76
$238,673
$ 23,95
,~ (-3
4~~,'~~~3
567
X41, 43~~
-2 -
STREET FLiND
~~h & Investmer.~ Balance January 1, 1976
Receipts
Property to ~: ~;
C ETA salary k~ imbursement-
Rental - stz - et sweeper
County stat<~~ aid
Other
Tota]_ Receipts
Di bursements
~ Salaries am employee benefits
Utilities
Supplies
Gas & oil
Repair equj,.nt~nt
Street repa:i ;
Snow removal expenses
Parking lot assessment;
Telephone.
Laundry
Travel & confer^ence
Other
Capita] outlay
Total Disbursements
Cash & Investments Decem ber 31., 1976
$110,374
6, 45 ~
3,079
2,496
301
$ 37, 5~~3
13, ~ 9i
3, 348
4, 61 2
Q, 0 20
8, 23l
2,946
2, 711
555
431
334
1,689
8, 978
1,374
123,201
93, 549
$31,026
3-
T An i> r+i r~rT
Cash & Investmf_~f ~: Balance January 1, 19'76 ~; ~~ SOS?
~2eceipts
Property- t a ~ :>s X3.5, 556
CETA sa are. e:imbursemc~nt.s 2, 1 96
Park reser ~ subdi vi_s i on requirement 1 , 256
Interest in, .~me 132
Other incur,:. 15.6
•t a Receipts 39, 296
Disbursements
Salaries a .-c~ployee benefits ~$i 6, 4~9
Planning 1 200
Historical .~. Information Center - Opr. Exp. 1,6'78
Supplies 911
Gas & oi.1 5~g
Repair ~ ma ~ ~:Ltenance 621
Rent 390
Park _i-mpro~rr rent &. ln~o j e.cts 39, 602
Capital ol.~tiay- 959
othe--~ 535
Total Disbursements 62, 91 3
ash & Investment Balance December 31 , 1 976 (,$1 5, 909
ORDERLY ANNEXATION FUND
Cash & Investment Ba1ar°ice Jc_i~ldiary 1 , 1 9'76 ~; 0
Receipts
Transfers in - Montice]_lo Township ~ 228
Transfers in - City of Montict:l7_o 1 , ~'7`L
Interest::i_ncome 36
i>tal Rt'cr'ipt,~ `~,(1 ;fi
Disbursements
Salaries - board members ~, secretary $ 665
Tr~a~et expense 90
Other 15
~Cot:al Disbursements '77U
Cash & Investment Balance December 31, 19'76 ~ 1,266
C
-:~-
R F~'ENUE SHARING FUND
II Cash & Investmr~;~s_ Balance January 1, 1976
Receipts
Entitlement. ~>ayments ,$24, 978
Interest :ir: >me 565
?t,al Receipts
Cash & Invest.mc-°: Balance December 31~ 1976
PLANNING & DEVELOPMENT FUND
Cash &. Investment Balance January 1, 1976
~c ei. is
Property taxes $20,416
Interest income 283.
'Total Receipts
Cash & Investment; Balance December 31, 196
1,31k
25, 543
$2
0
20, 699
~2Ci, 699
- ~-
DISEASED TREE FUND
ash & Investme;~~ Balance January 1, 1976
R ec e its
Property- t~~ ,~ ,
State aid
Tree remo~~~i ! charges
Tree replay : ~~ent income-
CETA salary z: e.:imbursement
Interest. ire= Mme
sbursements
Total Receipts
Salaries ~ ~~,~~ployee benefits
Suppl :i. es
Gas ~ oa l
Contracted services
Replacement trees
Capital out ~ a~-
Other
Total. Disbursements
Cash & Investment Balance December 31, 1976
C
~~~ 9, 479
5, 1.45
3, 023
555
570
210
~ 6, 728
479
373
1.,835
2, 360
694
542
,$ 1 , 14 4
2~?, y82
13,011
,$17,115
-b-
SEWF,R T'UND
Cash & In~-estrn~~~~t Balance January 1, 1976
Receipts
Sewage i-zsa~~
Ass essmen t~
Sewer conrr<
CETA salar••
Interest -LF
Other _ncc~:
Di ~:bursc~ments
collections $40, 008
3,081
ti_on tee, 932
v°P_imbursement ,506
.snie 1,216
100
Total hcac<~i_pts
Sal ar i Ps ~ ~~mpl_c.,~~t~P k~enc~I~i is ~1 9, 699
IJt.il.i tir°s 6,'161
Chemir~ai~ 4,431
Supp] LPs 1, 1 h6
Gas ~~ ~~_i 1 981
Mai_ntenancc~ & i~tr~,a_i rs 2,Ot~9
Sewer line ~~epairs 3,239
7'estin~ 560
1 ~~, 7-_ ~,~u ~ trry ScwPr P~~r~ j ec't 7, 163
ca~,i tai :~~,t ~~, 2, 523
(lt hPi~ 1 , 209
lc~tat 1~)isb~ir°semPnts
Cash ~ Tn~ P~ tm~r: t Ba.l arc P llec°e:~mber ;]. , 1 ~~76
$32, 2411
4.5, 843
41,2 sI
~~~~ h. 2
~- - ~ 5
-,
•
WATER FUND
Cash & Investm~ t. Balance January 1, 1976
Receipts
Water usag~• r_:ollections
Assessment;;
Water corm<,t;ions
Interest i_r, ome
Other
Total R eceipts
Disbursements
Salaries ~ employee benefits
Utilities
Suppl. i_ es
Supplies - individual services
Chemicals
Maintenance & repairs
Trenching & hook-up
Water line repair
Other
Transfer out
Total Disbursements
Cash & Investment Balance December 31, 1976
•
-8-
$31,110
4, 942
8, 002
476
47
1 3, 161
2, 682
493
2,852
3, 395
2, 624
585
1,144
6 50
10,000
$ 8, 874
44, 577
37,586
$15, 865
l ~?; ,~-1 CONSTRUCTION FUND
~nvestm~~i~t :~ C~:-~~i~ Ba]-anc e January 1, 19'76 ~ 1, 4% ~`
Re< eipt:;
.,
lnt~~rt~~i i t >t,?C ~'~
Disbiir°s~1n~E•nts
Le~a1 $ 6O
Iota) Di-sbtu~~s~ments ] , 5(i
In'~~estr~~F~r~t a, ('. Balance DE~ceml~~er 31, l9'J6 ~ ~ A
I«; ; T~IALN'hF:NANCE, BUILDING & EQtUIPMFNT FUND
Invest.mf~nt ~ C'c.~~~t Balance January I, l9'7h ~5-5~;34`a
Receipt.;
Intc•~ rst itz.. ~~ane. 1 ,2~r.~
Disk~ti~•sc•mnts
Con~st ~~uc t~iun costs -- ~Itce. B1cI~. ~2 $34, 5~)9
Impro~cm~~nt costs - MLc•c. B.Cd~;. ~1 450
F,n~i n~°er .i n~, ; et~~ ~, 71 4
I eta ! f<~~~s 32
Tota! Disb>>rSFYnerri:,s 41,7t~5
:In~~est~~cnt s C<<s1i Bal~inC.c' D~~cc~m~be~r 3t, 1176 ~7~~~a2~~
1 ~=)-> >EWEaZ & WATER CONSTRUCTION FUND
Inr~<°st.men ~~~ s; Cash Bal,incE~~ January I , 197f~ X79, `~f~l
Receipts
Pr°~~pt>r•t1~ taxes $2~,5~?%
Intr r,~s ~ income I, 355
C~ta Rec•eipl,s 29, ~~~^+'
Di_;~birrsrn~c.~sii s
En~i~i~:~er in, tees ~19~95i
Con>trurt ion pa~-meni ~ 92, 5hI
Otlir,.r 199
'.Cut al. Disbursements 1 1 Z, ~ 1
Ins F~strneu+. ~~ Camel. Bal~ancc December ,37 , 1 y']b ~ ~3, 5141
_q_
1 `~ 7 ~ SEWER & WATER CONSTRUCTION FUND
ash & .Tnvestmrit Balance January 1, 1~?76
Receipt s
Bond prvcF~:,ls
Interest ~c~ome
Total Rec_ei.pts
Di.sbursc?IZ~ents
Constrric t ~ ~; pay ment,s
Legal ff,~,..
Eng:irleer it __ 3`eE>,s
Soi a t e t,s
Repa_ir~ - I ~ tt st,at i on
n t: ~l e I'
Total T)isbursen-ents
Cash ~ ln~estlr,~..it Balance December 31, 1976
1~~77 BUILDING FUND - CITY HALL
Cash & 1 m~e~tlne~nt }3a7_anr~f, January 1 , 197h
~ec'e_iPt:.
Sale of fu~~nace
Disbursements
t'~rcti~ test ~ engi_neer~ ng tees
P~°opc~rty acqui_sit;i oIi
Other cr>st-,
'T'otal Di_sburselilents
Cash ~ Inti-estnic~nt Ralanr'e Dece.Inber• 31, 1076
$ 22, 202
60,700
49~>
19t>4 WATER REVENUE~SINKING FUND
Cash & In~r~stntent. Balance January 1~ 197b
Receipts
Interest .income.
Irartsf:~~r ~ ri
Total Receipts
~Disbi.rr•scrment.s
Boncj. prir~~ _~ r:>al ~ ilrterest payments
Cash ~ I:n~ e~s t rr.~~itt Bal. once December ,31 , 1 976
-.~ ~~-
~ 274
10, 1)00
$1, 25~, X09
1,012,029
243, 7~~)
'~1(f
.~ :~ , s ; ~
](~,27~
$ A
$1,245,120
10, 6h9
8yo,178
~, i 34
102,675
3,375
3, 7~'~
3,947
~' x99'3
}960 G. 0. CONSOLIDATED SINKING FUND
ash & I:nvestn~t rrt: Balance January 1, 1976
Receipt,.
Property t k ~L~>s $1 S, 584
Assessmen~.~. 19780
Interest. ir~°oine 1, 250
Total Receipts
Di.sbt.xrsement,
Bond. prin< :~1 ~;; interest; payments
Cash & Investmt :it., Bal ance December 31 , 1 976
1 y71 G. O, WATER REVENUE SINKING FUND
Cash & :}nvr~sL.n>,;7t Ba7_anee January 1, 1976
Receipts
Propert}- taxes
Interest. income
Total Receipts
Disbursements
$37,733
36, ~~ 4
34L822
X39, .525
~ 7, 4~ 9
1 1 , 4~~:3
Bond_ princ i~a1 & interest payments 10, 65h
Cash & Investmc~it Balance December 31, 1976 ,~ ~?, 166
1<);1 G. 0. IMPROVEMENT SINKING FUND
Cash. & Inti~estment Balance January 1, 1976 X27,309
Receipts
Property t cxes $ 6, 954
Assessments 656
antk~rest income 878
Total Receipts ~,;~'~:~~~
Dis burs<~inents
Bond. principal. anci i_iite~'est, payments 1 4, 3 1 5
Cash d Tn~~c~stment Balance December 31, ].976 $21, 4n2
X11,186
217
-11-
1973 G. 0. WATER REVENUE FUND
ash ~ Invest.rn nt Balance January 1, 1976 ,$12, 870
Receipts
Property t ~;a :yes $ 5, 646
AssE:ssment- 4,453
Interest _i r,~: ome 446
Total.. Receipts ~ 10,545
Disbursements
Bond pr_inc s;~a7. and .interest 9, 473
Cash & }:rtvest:r, it Balance December 31, 1976 ,$13,942
1974 G. 0. PARKING FACILITY SINKING FUND
Cash ~ Investme~:rt Balance January 1 , 1976 ($1 1 , 91 8)
Rei~e.ipt5
Assessment-~ $24,748
'Transfc>r =i.n 1, 443
l'ota7 Rec.e.ipts 26, 197
~i sbursenten is
Bond pri.nc_i pal and interest payments 15, 771
Cash B. Investment Balance December 31, 1976 ($1,498)
19_5 G. 0. MAINTENANCE BUILDING &1J~UIPMENT SINKING FUND
Cash & Investment Balance. January 1, 1976 ~ 69'L
Receipts
Property taxes
Interest irtc;ome
Total Receipts
DisbursE~rnents
Bond interest payment.
Cash a~. l.nvestment Balance December 31, 1976
$22,920
179
23,099
7, 774
$16,01. 7
-12-
a=
1 9 7 5 G. 0. SEWER & WATER SINKING FI1ND
Cash & Investm~:,r~t Balance January 1, 1976 $ 77,774
Receipts
Interest i.:•come $ 3, 499
Assessment; 81,992
Total. Receipts 85, 491
1#~isbursements
Bond interc:~~t payment 47,083
Cash & Investrr3~~~nt Balance December 31, 1976 $1.16,182
1976 G. 0. SEWER & WATER SINKING FUND
Cash & :Investment Balance January 1, 1976
eceipts
Bond proceeds
Interest income
Total Receipts
Cash & -Investment Balance December 31, 1976
$ 9
$57, 338
1,285
58, 623
$ 58, 62 3
-13-
~r Interim and Permanent Financing of City Hall
Costs
~3uilding - Contract Cost (estimated.) $330 000
:)they Building & Site Impr. Costs '
(Landscaping, house removal, etc.)
Land Acquisition 5,000
lrchitecis Fee 60,700
Plans & Specs - printin 28,000
Other g' cost 3, 000
, 1 egal, etc., Bldg. permit fee
Remodeling present city hall 4, 000
'TOTAL COSTS 10,000
NOTE: Does not. include costs for remodelin '$44~-
city hall or office furniture g curr~-
& equipment.
Interim financing
Following are available sources
Capital outlay fund projected to
12_31_7,
Revenue sharing fund projected to
12-31-77
Liquor fund projected to 12_31-7?G
P1_anning & development fund
General. funds (general, park, street,
tree)
Sewer & water funds
TOTAL FUNDS AVAILABLE
-~ Does not include reserves necessary
Liquor store Revenue Bonds.
of interim financing;
$201,430
46, 861
3c 1 30, 000
20, 699
56, 187
4 4--=
~49.~4
fo-r~-
1~rr~ : ;fnt F_inancin ~ - Ca ital
P~ Outlay Revolving Fund
'i' ea r' ~'~1.i l l
=---L- eve. Revenue
u76
r c~7i 4 $ 40, o00
~. y 7 g ,~ 1 60 , 000
X979 1 120,000
12---- 0`ppp
TOTAL. REVENliE
$44--- 0..000
NOTE; 1.978 & 1gi9 are
possible levies for ill.ustrat:ion
purpose, only and could vary de endin on
total costs or decisions relativpe !' Final
to financing.
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