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1964 City of Hopkins, MN Annual Financial Report City of Hopkins, Minnesota Report on Audit December 31, 1964 City of Hopkins, Minnesota City Officials 1964 Term Expires Mayor Donald J. Milbert 7- 1-65 Councilmen: John F. Hanley 7- 1-65 Henry Pokorny, Jr. 7- 1-65 Rev. Charles Heuser 7- 1-67 Robert P. Harriman 7- 1-67 Secretary to Council Clifford R. Peterson City Manager and Treasurer Richard L. Brubacher City Clerk and Deputy Treasurer Clifford R. Peterson City Attorney Joseph C. Vesely City Engineer John J. Strojan Assessor E. Patrick Dargis Finance Officer John D. Frane Building Inspector Clinton K. Blomquist Health Officer Dr. Herman E. Drill Police Superintendent William Proetz Fire Chief John A. Brecka Street Superintendent Elmer C. Bielke Water and Sewer Superintendent John A. Brecka Weed Inspector Robert G. Anderson Librarian David Smith Recreation Director Richard Wilson Civil Defense Director John A. Brecka Board of Health: Dr. H. E. Drill 7- 1-65 Dr. P. W. Sheldon 7- 1-65 William Proetz 7- 1-65 City of Hopkins, Minnesota City Officials (Continued) Term Expires Library Board: Mary L. Sprague 7- 1-65 Leone Wilwerding 7- 1-65 Evelyn Peterson 7- 1-64 * Hugh W. Firmage 7- 1-64 * Joseph C. Vesely 7- 1-65 Mrs. Orrin M. Norberg 7- 1-65 Rev. Charles Heuser 7- 1-65 Police Civil Service Robert Geltman 1- 1-65 Commission: Clarence Grandstrom 1- 1-66 Cecil Kloss 1- 1-67 Recreation Commission: Earl Dahlberg 8- 1-65 S. H. Severson 8- 1-65 Mrs. Peter Throdahl 1- 1-65 Mrs. Phil Hovander 1- 1-65 Robert P. Harriman 7- 1-65 Zoning and Planning Howard S. Sundby 7- 1-65 Commission: Warner P. Blake 1- 1-68 Paul Stannard 7- 1-65 John A. Malecka 7- 1-67 A. G. Larson 7- 1-67 Henry Pokorny, Jr. 7- 1-65 Donald Milbert ) R. L. Brubacher) ex-officio members John Strojan ) Employees' Advisory Board: Clifford Robinson 8- 1-65 Robert Anderson 8- 1-66 Edward Dukatz 8- 1-65 John Hanley 8- 1-65 Charter Commission: W. Harlan Perbix Glen M. Lewis Erwin L. Smetana Frank N. Whitney Mrs. Marjorie Schmitz Maurice A. Hessian Prof. Henry H. Wade Rev. Charles Heuser Otto Japs Dr. Frank J. Kucera Robert M. Geltman S. C. Gustafson John C. Zajicek Mrs. Mildred Lewis Mrs. Mary Maetzold * No reappointments have been made at date of audit. City of Hopkins, Minnesota INDEX Page No. -- Explanatory Comments C 1-10 General Fund Balance Sheet 1 Analysis of Changes in Surplus - Unappropriated 2 Statement of Revenues 3-4 Summary Statement of Expenditures 5 Statement of Expenditures 6-19 Statement of Revenues and Expenditures - Parking Fund Reserve 20 Statement of Revenues and Expenditures - Recreation - Beach Concession 21 Water Utility Fund Balance Sheet 22 -- Analysis of Changes in Surplus 23 Statement of Revenues 24 Statement of Expenditures 25-26 Fixed Assets and Depreciation 27 Revenue Bonds and Interest Outstanding 28 Accrual Operating Statement 29 ' Sewer Utility Fund Balance Sheet 30 Analysis of Changes in Surplus 31 Statement of Revenues 32 Statement of Expenditures 33-34 Fixed Assets and Depreciation 35 Revenue Bonds and Interest Outstanding 36 Accrual Operating Statement 37 Permanent Improvement Revolving Fund Balance Sheet 38 Analysis of Changes in Surplus 39 Statement of Revenues 40 Assessments Receivable 41 Construction Costs 42-44 Special Assessment Fund Balance Sheet 45 Analysis of Changes in Surplus 46 Statement of Revenues and Expenditures 47 Assessments Receivable 48 Bond Maturities 49 City of Hopkins, Minnesota I NDE X (Continued) Page No. Bond Retirement Fund Balance Sheet 50 Analysis of Changes in Surplus 51 Statement of Revenues and Expenditures 52 General Obligation Bonds 53-55 Revenue Bonds - Bond and Interest Summary 56 Capital Fund Balance Sheet 57 Analysis of Changes in Surplus 58-59 Capital Assets 60-64 Building Fund Balance Sheet 65 Analysis of Changes in Surplus 66 Statement of Revenues and Expenditures 67 Statement of Construction Costs 68 Supplementary Statements Combined Balance Sheet - All Funds 69 Treasurer' s Cash Balance 70 Investments 71 Accounts Receivable 72 v" Interfund Accounts 73 Inventories 74 Accounts Payable - City of Minneapolis 75 Contracts for Deed Payable - General Fund 76 Bonded Indebtedness - All Funds 77 Insurance In Force 78-80 Municipal Court - Statement of Receipts and Disbursements 81 Assessed Valuation - Tax Levy 82 HERBERT J. FLESHER & COMPANY Certified Public Accountants 50 South Ninth Avenue Hopkins, Minnesota March 15, 1965 The Honorable Mayor and the Members of the City Council City of Hopkins Hopkins, Minnesota Gentlemen: We have examined the financial statements of the various funds of the CITY OF HOPKINS, Hopkins, Minnesota, for the year ended December 31, 1964. The examination, a limited general audit, 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. A physical inventory in the General Revenue Fund was not taken, nor was a verification made of the balances due on the assessments receivable. In our opinion, subject to the qualifications stated above, the accom- panying balance sheets and related statements of revenues, expenditures, and surplus present fairly the financial position of the various funds of the City of Hopkins on December 31, 1964, and the results of its operations for the year then ended, in conformity with generally accepted governmental accounting principles applied on a basis consistent with that of the preceding year. Respectfully submitted, Cer ified P lic countants Date Field Work Completed: March 5, 1965 Date Report Signed: March 15, 1965 If this report is published, it must be reproduced in its entirety. Extracts may not be published without authorization. City of Hopkins, Minnesota Explanatory Comments C-1 City of Hopkins, Minnesota n.. HISTORY The Village of West Minneapolis was incorporated on November 27, 1893. The name was changed to the Village of Hopkins on July 7, 1928. On January 1, 1948, the Village became a City of the fourth class and adopted the City Manager form of government. As a result of the federal census of 1960, Hopkins became a City of the third class on January 2, 1961. The corporate limits of the City of Hopkins comprise approximately four square miles. The population of the City of Hopkins, as given in the last five official federal census reports, was as follows: �- Year Population 1920 3,055 1930 3,834 1940 4, 100 1950 7,595 1960 11,380 C-2 City of Hopkins, Minnesota Comments on Balance Sheet Items The more important assets and liabilities of the City are commented upon as follows: ASSETS Cash on hand and in banks Petty cash was verified by actual count on December 31, 1964, and comprised the following: General Revenue $ 350.00 Library 173.61 Recreation 30.00 Water Utility 100,00 Total 653.61 The City maintains bank balances in the First National Bank and Northwestern National Bank, both of Hopkins, as shown on page 70. We verified the balances by correspondence and reconciliation. At December 31, 1964, the Federal Reserve Bank is holding securities assigned to the City to safeguard the City funds placed on deposit in the above mentioned banks and consist of the following: First National Bank of Hopkins: U. S. Treasury Bonds Due 8-15-73 $200,000.00 ,.. U. S. Treasury Bonds Due 8-15-71 200,000.00 F. D. I. C. 10,000,00 Total 410,000.00 Northwestern National Bank of Hopkins: U. S. Treasury Bonds Due 8-15-73 500,000.00 U. S. Treasury Bonds Due 8-15-72 300,000.00 F. D. I. C. 10,000.00 Total 810,000.00 Funds in the hands of fiscal agents A schedule of funds in the hands of fiscal agents for the retirement of bonds and interest payments are as follows: City of Hopkins, Minnesota C-3 Issue Payment Bank Date Date Amount Total American National Bank - St. Paul 6-1-57 12-1-64 $ $ 2,051.00 Northwestern National Bank-Minneapolis 3-1-45 1-1-65 2,530.00 �• 11-1-47 1-1-65 1,048.00 6-1-54 12-1-64 20,530.00 6-1-57 12-1-64 3, 060.00 6-1-54 12-1-64 1,801.50 12-1-45 12-1-64 13,292.50 9-1-58 12-1-64 12,984.00 55, 246.00 First National Bank - Minneapolis 12-1-55 12-1-64 150.00 Total 57,447.00 The above amounts were verified by an examination of the statements submitted by the fiscal agents. A countra account is shown under liabilities. Investments A list of the investments held by the City at December 31, 1964, is shown on page 71. We sighted the city bonds and certificates of deposit. The securities held by the Northwestern National Bank and First National Bank, both of Hopkins, were verified by correspondence. Accounts receivable A summary of the outstanding accounts receivable is shown on page 72. Verifi- cations were mailed to selected accounts. Replies confirming the amounts due were received from approximately 50% of those accounts selected. Accrued interest receivable Represents interest due on investments on hand at December 31, 1964. Municipal state aid funds A street maintenance fund is created by the State for municipal roads from state gasoline tax funds. Each year twenty-five percent of the current year's allotment is remitted to the municipality for maintenance. The balance is held by the State in a Municipal State Aid Fund for use only on specific roads listed by the municipality with the State. Per the annual statement from the State, the City of Hopkins had a reserve of $250,029.23 as of December 31, 1964. During the year, $53,488.65 of the reserve was used to reimburse the P.I.R. Fund for the non-assessable portion of the construction cost of the project at Fifth Avenue South under project number 305. This amount has been recorded as a receivable in the P.I.R. Fund. Assessments receivable The changes in special assessments receivable for the Special Assessments Fund and the Permanent Improvement Revolving Fund during the year are given on pages 41 and 48. In keeping with past practice, we did not verify the correct- ness of the balances as it would necessitate considerable checking of the books in the County Auditor' s Office. City of Hopkins, Minnesota C-4 Inter-fund accounts A statement of the amounts due between funds is given on page 73. In the P.I.R. Fund bond issue of 1958, it was provided that the bonds should be paid through the Bond Retirement Fund. A general tax levy has not been �.. provided for on this issue; it is being paid from the sewer utility revenues. The annual amounts payable are given on page 56. During the year, $492,310.00 has been set aside from the surplus of the P.I.R. Fund to finance the retirement of the P.I.R. Bonds of 1964 issued to help finance the cost of construction of the new municipal building. Funds will be transferred annually from the P.I.R. Fund to the Bond Retirement Fund for this purpose. In August, 1964, $9600.00 was transferred to meet current interest payments due October 1, 1964. The balance of the bonds and interest payable is $482,710.00. Refer to the schedule on pages 54 and 55 for the annual amount due. Current tax levy The tax levy collectible in 1965 is as adopted by the City Council. Except for the Bond Retirement Fund, this levy is offset on the balance sheet by a reserve of an equal amount. Future tax levy This represents the amounts to be provided in future years to pay the bonds and interest on the general obligation bonds as they fall due except for the P.I.R. Bonds of 1964. We give an analysis showing the yearly require- ments and related levies on pages 53 - 55. Provision for debt retirement On May 15, 1964, the City signed contracts for deed for the purchase of land from Joseph Feltl in the amount of $68,800.00 and from Raymond and Martin Feltl in the amount of $44,000.00. A downpayment of $8,800.00 was made on each purchase for a total of $17, 600.00. As the full value of the property is reflected in the Capital Fund, an offsetting liability is shown under the liabilities of the General Revenue Fund balance sheet. A schedule of the debt to be retired is shown on page 76. Future assessments This account represents the estimated amount to be assessed on projects which have been authorized. A detail of the projects will be found at pages 42 - 44. Delinquent taxes Delinquent taxes are not reflected on the accompanying balance sheets but will be shown in revenues in surplus of the various funds as they are collected. Delinquent taxes at December 31, 1964, from information obtained from the County Auditor, were as follows: City of Hopkins, Minnesota C-5 Personal Real Special Levy Collectible Property Estate Assessments Total 1959 1960 $1,636.29 $ 238.20 $ 147.99 $ 2,022.48 1960 1961 424.64 1,379.69 466.93 2, 271.26 1961 1962 579.49 3,092.29 246.51 3,936.29 1962 1963 467.55 1,079.09 924.09 2,470.73 1963 1964 884.45 14,832.51 9, 163.94 24,880.90 Totals $3,992.42 $20, 621.78 $10,949.46 $35,581.66 Summaries of delinquent taxes older than five years are no longer maintained by the County Auditor. Projects to be authorized A list of the projects to be authorized are shown below: Lot and House - 25 Tenth Ave. So., Parking Lot $18,525.00 Land purchase - James Lawrence 7, 150.00 Total $25,675.00 A down payment of $50.00 has been made on the property to be purchased from ' James Lawrence. Inventories u- A physical inventory was not taken in the General Revenue Fund at December 31, 1964. The inventory was estimated by City employees to approximate the amount on hand at the end of the previous year. A physical inventory was taken in the Utility Funds, the detail of which is shown at page 74. We were present at the taking of the inventory. We also test checked the pricing, extensions, and footings. Work in process .� This represents the cost to December 31, 1964, of various authorized projects under the P.I.R. Fund which will be assessed or capitalized at a later date. A list of the individual projects is shown on pages 42 - 44. uu Fixed assets Fixed asset additions during the year under review are presented on pages 27, 35 and 60 - 64. Depreciation has been estimated on the revenue producing departments as a means of determining net income on the accrual basis. Depreciation has not been provided for on the general assets. Special assess- ment improvements have been treated as additions on the assumption that these improvements are owned and controlled by the City. uu City of Hopkins, Minnesota C-6 LIABILITIES, RESERVES, AND SURPLUS Vouchers payable Vouchers payable were verified by an examination of invoices, disbursements and other documents on file. Funds in escrow A list of the funds held in escrow is presented below: ti.. Deposit payments on sale of lots at Interlachen Park R/W $ 750.00 Bloomie Mountain Memorial 228.00 Police Department 50.00 Geo. Wolff Post 6.97 1,034.97 James Curtis - water deposit 30.00 Total 1,064.97 Contracts payable A list of the contracts payable is given on pages 75 and 76. The contracts for deed were commented upon under the heading "Provision for Debt Retirement". The amount due to the City of Minneapolis is in accordance with a sewerage disposal contract commenced in a prior year. Retained percentages The detail of the amounts due is as follows: P.I.R. Fund: Swanson Excavating - 7th Street South Watermain $ 193.93 Blacktop Service - 5th Avenue South project 3,705.52 $3,899.45 Building Fund: Municipal Building: Lang, Raugland & Burnet 1,567.05 -- Dean L. Witcher 18,682.00 Reliable Electric 4,631.29 Thomas Air-Conditioning 5, 120.50 30,000.84 Total 33,900.29 The amounts were determined from a review of the contractors' billings. C-7 '- City of Hopkins, Minnesota Projects authorized On pages 42 - 44, we give details on the projects authorized at December 31, 1964. The amounts represent the estimated direct cost of completing the work on approved projects. Future interest is not included in the estimate, but will be computed at the time of the assessment. Prepaid revenues These are the receipts from licenses and fees received mainly during the month of December, 1964, which are applicable to the year 1965. Bonds payable On page 77, a detail of the total bonded indebtedness of the City is pre- sented. On pages 28, 36, 49, and 53-56, we present details on the individual bond issues by years. We sighted the bonds and interest coupons paid and cancelled during the year. Fund balance This account represents the gross amount of bonds issued under the P.I.R. Fund and constitutes the basis, when collected, for future improvements without the need of further bond issues. Reserve for encumbrances The following obligations have been incurred. Funds, however, have not been expended: Aerial ladder truck $13,000.00 Storm sewer - County Road 18 40,000.00 Automobile - administration 1,800.00 Police speed recorder 495.00 Traffic light maintenance 100.00 Traffic signal 2, 600.00 Estimated final census payment 1,450.00 F.B.I. Academy fee 1,500.00 Repairs to main shop 4,800.00 $65,745.00 Municipal Building contracts - see page 68 7,325 .09 Total $73,070.09 Surplus The City' s net worth is reflected in the surplus accounts. They are detailed by funds at pages 2, 23, 31, 39, 46, 51, 58-59 and 66. C-8 City of Hopkins, Minnesota OPERATIONS Statements showing the detailed revenues and expenditures for each fund are — shown under the respective sections of this report. The summary of the budgeted funds is given in the following schedule: Fund Actual Budget Over Under Receipts: General Revenue $ 800,629.00 $ 815,565.00 $ $ 14,936.00 General Revenue - Current Surplus 120,614.00 120,614.00 Water Utility 149, 618.00 119,800.00 29,818.00 Sewer Utility 123,027.84 117,300.00 5, 727.84 Bond Retirement 58,760.31 57,408.00 1,352.31 36,898. 15 135,550.00 Total Receipts 1, 132,035.15 1, 230, 687.00 98,651.85 Expenditures: General Revenue 851, 159.83 936, 179.00 85,019.17 Water Utility 115,486.15 106,803.00 8,683. 15 Water Utility - Current Surplus 12,997.00 12,997.00 Sewer Utility 118, 377.49 111, 660.00 6,717.49 Sewer Utility - Current Surplus 5,640.00 5, 640.00 Bond Retirement 54,366,36 57,408.00 3, 041.64 15,400.64 106,697.81 Total Expenditures 1, 139,389.83 1, 230, 687.00 91, 297. 17 Net Cash Loss 7,354.68 7,354.68 On pages 29 and 37 we present operating statements on the accrual basis for the _ water and sewer utilities as required by revenue bond indentures. Depreciation has been computed on a basis consistent with previous years. You will note the decrease in the Sewer Fund net income, from that of the preceding year. This is due mainly to the increase in the overhead and depreciation charges in the current year over that of the previous year to the extent of $5995.00 and $4387.11 respectively. Page 81 shows the detail of cash receipts and disbursements for the Municipal Court. CONTINGENCIES The following claims have been filed against the City and are outstanding as of December 31, 1964: C-9 City of Hopkins, Minnesota Claimant Injury Amount * Robert McLouden Electrical Shock Injury $ 50,000.00 * Sally and Donald Black Auto Injury-12th Ave.Hy.7 125,000.00 * Meyers Realty Company Negligent Storm Sewer Damage 650.00 * Larrie Heinzen Injury from Fall 15, 000.00 ... Alice Fortner Injury from Fall 3,000.00 Mrs. Robert Roseborough Injury at Shady Oak Beach 23.00 Rauenhorst Construction Co. Sewer and Water Installation - Hopkins House 148,403.05 Robert and Mary Lansing Injury from Fall 4,000.00 * Were on file at December 31, 1963. The Rauenhorst Construction Company claim was filed on June 30, 1964 and is against the City of Hopkins, the Hopkins House, and twenty-seven other individuals. According to the City Clerk' s Office, the claim against the City relates to the sewer and water installation at the Hopkins House. No negligence has been established against the City. No court action has commenced in any of these cases. GENERAL In 1963, the City signed a two-year lease for the use of the public library building. The lease expires on May 31, 1965, with an option to extend on a monthly basis until May 31, 1968. The monthly rental is $826.50. During the year, the construction of the City' s new municipal building was completed. Full details of the Building Fund transactions for the year ended December 31, 1964 are given on pages 66 - 68. Wow REMARKS During the course of our examination, we noted the following: 1. There were some errors in coding; however, we feel that considering the volume of handwritten work, the employees are doing a conscientious job on this phase of the bookkeeping. 2. In some instances, plumbing permits have been issued without receiving payment. Subsequently, it has been proven necessary for the City to spend a considerable amount of time to secure collection. Payments should be made when the permit is issued. 3. The City maintains a gasoline fuel pump for use by city vehicles. Further protective controls are required to be enforced by the City in order to insure that unauthorized gasoline withdrawals are not made. C-10 City of Hopkins, Minnesota 4. Municipal business with Councilmen is authorized only under certain circumstances. Such circumstances do not exist in a metropolitan area; however, payments were made to Pokorny Plumbing Company. 5. Penalties and interest charged to utility users by the Sewer and Water Funds for late payments of utility accounts receivable are not being assessed according to city ordinances. 6. A capital asset ledger should be maintained listing each fixed asset owned by the City individually. 7. We urge the use of a cash register to insure better control of cash collections. 8. The City should avail itself of the opportunity extended by many equipment manufacturers to analyse a potential customer' s accounting system. It may be possible to introduce some automated equipment into the City' s present accounting system, with a view toward reducing the considerable amount of handwritten work now being done and to speed up the utility billing process. 9. We wish to recommend that the Council consider the annual selection of the auditors immediately following the completion of the then current audit. This would facilitate the liasion between the City Manager's office and the auditing firm selected as to any accounting problems that may arise during the year. Also, this would enable the auditors to complete some of the work prior to their peak season, with the possibility that the report could be completed and submitted to the Council earlier than it has been in the past. CONCLUSION Based on our examination of the transactions for the year, we conclude that the City' s financial position compares favorably with that of the preceding year. We wish to express our sincere appreciation for the assistance and cooperation given to our representatives during the course of our examination. General Fund 1 City of Hopkins, Minnesota General and Special Revenue Fund Balance Sheet December 31, 1964 Pg General Beach No Assets Total Revenue Parking Concession 70 Treasurer' s cash $ 7,754.49 $ - $523.69 $7, 230.80 Petty cash 553.61 553.61 71 Investments 326, 220.00 326, 220.00 Accounts receivable 4,034.78 4,034.78 71 Accrued interest receivable 1,666.66 1,666.66 Municipal state aid fund 196,540.58 196,540.58 73 Due from other funds 9,854.02 9,854.02 Claims in process 456.31 456.31 76 Provision for debt retirement 151,068.33 151, 068.33 Inventory 12,688,02 12,688.02 Prepaid expenses 1,923.58 1,923.58 Current tax levy * 590,964.00 590,964.00 Total Assets 1,303,724.38 1, 295,969.89 523.69 7,230.80 Liabilities, Reserves, and Surplus 70 Treasurer' s cash (deficit) 60,435.95 60,435.95 Vouchers payable 22,285.16 22, 285.16 Funds in escrow 1,034.97 1, 034.97 Prepaid revenues 28,645.00 28,645.00 76 Due on contracts for deed 151,068.33 151,068.33 Reserve for municipal state aid 196,540.58 196,540.58 Reserve for encumbrances 65,745.00 65,745.00 Reserve for current tax levy 590,964.00 590,964.00 2 Surplus - unappropriated 187,005.39 179, 250.90 523.69 7, 230.80 Total Liabilities, Reserves, and Surplus 1,303,724.38 1, 295,969.89 523.69 7, 230.80 * current tax levy amount represents 1964 taxes payable in 1965, and is offset by the reserve for current tax levy. 2 City of Hopkins, Minnesota General and Special Revenue Fund Analysis of Changes in Surplus - Unappropriated December 31, 1964 Pg General Beach No Total Revenue Parking Concession Balance - December 31, 1963 $ 261,023.62 $ 254, 212.70 $ 831.95 $ 5,978.97 Additions: Revenues - pages 4, 20, 21 813,681.82 800,629.00 5,956.27 7,096.55 Decrease in accounts payable - December 31, 1963 610.28 610.28 1,075,315.72 1,055,451.98 6,788.22 13,075.52 Deductions: Expenditures - pages 5, 20, 21 862,794.08 851, 159.83 5,789.53 5,844.72 Adjust inventory 516.25 41.25 475.00 Encumbrances - December 31, 1963 25,000.00 25, 000.00 888,310.33 876, 201.08 6,264.53 5,844.72 1 Balance - December 31, 1964 187,005.39 179, 250.90 523.69 7, 230.80 3 City of Hopkins, Minnesota General Fund Statement of Revenues For the year ended December 31, 1964 Actual Estimated Over Revenue Revenue (Under) Property taxes: Current $557,581.38 $567,560.00 $(9,978.62) Delinquent 826.79 6,857.00 (6,030.21) Penalty and interest 1, 171.73 2,500.00 (1,328.27) State-Shared taxes: Liquor 13,530.30 14,300.00 (769.70) Cigarette 20,466.00 22,700.00 (2,234.00) Bank excise 3,377.30 4,400.00 (1,022.70) Mortgage registry 2,456.25 3,800.00 (1,343.75) State aid roads - maintenance 10, 103.42 11,550.00 (1,446.58) Relief 121.39 - 121.39 Mobile homes 100.72 - 100.72 Licenses: Liquor - on sale 19,800.00 19,800.00 - Liquor - off sale 2,030.00 2,000.00 30.00 Liquor - club 325.00 300.00 25.00 Liquor - malt - on sale 874.00 755 .00 119.00 _ Liquor - malt - off sale 252.00 230.00 22.00 Soft drinks 710.00 750.00 (40.00) Milk - sales 47.00 40.00 7.00 Milk - trucks 136.00 146.00 (10.00) Amusement devices 156.00 150.00 6.00 Billiard parlors 50.00 - 50.00 Oil and gas burner installation 400.00 400.00 - Plumbers 665.00 600.00 65.00 Gasoline - filling stations 664.00 650.00 14.00 Gasoline - bulk stations 200.00 225.00 (25.00) Bowling alleys 144.00 168.00 (24.00) Theater 86.00 86.00 - Cigarette 1, 194.00 1, 200.00 (6.00) Taxicabs 115.00 70.00 45.00 Peddlers 234.00 350.00 (116.00) Billboards and signs 18.24 15.00 3.24 Electrician 1, 200.00 1, 150.00 50.00 Used car lots 1,500.00 1,400.00 100.00 Dance hall 34,00 31.00 3.00 Benches 126.00 132.00 (6.00) Other 72.00 60.00 12.00 Roller rink 50.00 100.00 (50.00) Moving houses 50.00 - 50.00 Car washes 50.00 - 50.00 Dog 1,240.25 1, 100.00 140.25 Bicycle 137.50 60,00 77.50 Permits: Building 7,515.19 5, 000.00 2,515.19 Electrical 5, 143.39 4,000.00 1, 143.39 4 City of Hopkins, Minnesota General Fund Statement of Revenues For the year ended December 31, 1964 Pg Actual Estimated Over No Revenue Revenue (Under) Permits: (continued) Plumbing $ 573.50 $ 650.00 $ (76.50) Oil and gas burner 115.00 150.00 (35.00) Zoning 845.00 - 845.00 Street openings 457.00 600.00 (143.00) Interest on investments 8,996.42 3,000.00 5,996.42 Rents: Regular 3,280.00 3,000.00 280.00 Municipal Court: Fines 20,540.00 27,000.00 (6,460.00) Civil fees 4,334.00 6,000.00 (1,666.00) Court officers 1,329.85 1, 200.00 129.85 Accident reports 385.00 250.00 135.00 Fire protection 2,400.00 1,800.00 600.00 Library fines and fees 1,757.98 900.00 857.98 Recreation: Salary subsidy 490.00 500.00 (10.00) Fees - classes 3,685.00 3, 000.00 685.00 Craft materials 955.40 1,000.00 (44.60) Fees - basketball entry 1,161.00 1, 200.00 (39.00) Fees - softball entry 1,952.00 1,970.00 (18.00) Fees - touch football entry 135.00 360.00 (225.00) Soft drinks - rinks 169.10 1,000.00 (830.90) Bus transportation 2,000.00 2,500.00 (500.00) Beach parking stickers 2,980.00 2,500.00 480.00 Swimming pool 8, 246.01 6, 000.00 2,246.01 Miscellaneous receipts 31.00 100.00 (69.00) Contributions - School District 274 11,500.00 11,500.00 - Contributions - Minnetonka Village 5,000.00 5,000.00 - Sundry 2,329.32 6,000.00 (3,670.68) Transfers: Parking meters 5,000.00 5,000.00 - P.I.R. Fund 8,568.37 20,000.00 (11,431.63) Water fund 14,755.00 14,755.00 - Sewer fund 13,995.00 13,995.00 - Sales of property and equipment 17,354.04 - 17,354.04 Commissions 192.81 - 192.81 Service charges 162.35 - 162.35 2 Totals 800,629.00 815,565.00 (14,936.00) 5 City of Hopkins, Minnesota General Fund Summary Statement of Expenditures For the year ended December 31, 1964 • Pg Actual Appro- (Over) No Expenditures priations Under Council $ 9,605.71 $ 7,700.00 $(1,905.71) Manager' s office 22, 169.54 22, 100.00 (69.54) Municipal court 16,211.76 15,630.00 (581.76) Elections 3,826.70 4,400.00 573.30 City clerk 11,656.95 11, 250.00 (406.95) Legal service 6,725.97 7,975.00 1,249.03 Assessing 17,875.00 18,475.00 600.00 Zoning and planning 4,362.43 4,700.00 337.57 Charter commission 2.00 600.00 598.00 Insurance 18,938.98 18,690.00 (248.98) Police 134,839.35 137,454.00 2,614.65 Fire 32,072.13 36,550.00 4,477.87 Inspection services 10,829.07 13,025.00 2, 195.93 Public Employees' Retirement Assn. 25,529.30 22,660.00 (2,869.30) — Civil defense 928.51 3,500.00 2,571.49 Dog control 2,049.25 2,000.00 (49.25) Weed control 805.69 825.00 19.31 Engineering 20,381.09 19,760.00 (621.09) Finance 19,988.28 19,775.00 (213.28) Street administration 79,751.78 85,750.00 5,998.22 Street - storm sewer and sidewalk 39,450.22 46,500.00 7, 049.78 Street and alley maintenance 7,665,78 6, 200.00 (1,465.78) Street traffic signals and markings 13,779. 11 11,700.00 (2,079. 11) Street snow and ice removal 9,216.96 13, 200.00 3,983.04 Street cleaning 4, 299.70 5,000.00 700.30 Street lighting and tree service 30,488.76 28, 100.00 (2,388.76) Street patching 14,436.55 15, 000.00 563.45 Street resurfacing and sealing 13,586.77 15, 000.00 1,413.23 Garbage pickup and dump operation 66,368.05 61,800.00 (4,568.05) Municipal building 11,914.61 7,000.00 (4,914.61) Health 3,050.55 3,350.00 299.45 — Public welfare 8,967.77 12,600.00 3,632.23 Public library 48,352.25 48, 225.00 (127.25) Recreation 61,382.86 60, 235.00 (1, 147.86) Parks 41,695.35 40,850.00 (845.35) Hennepin County parks 2,046.60 2, 100.00 53.40 Contingencies 35,908.45 106,500.00 70,591.55 2 Totals 851, 159.83 936, 179.00 85,019.17 — Note: For details of above departmental expenditures, see pages 6 through 19 6 City of Hopkins, Minnesota General Fund - Statement of Expenditures "" For the year ended December 31, 1964 - Appro- (Over) Expenditures priations Under Council: Salaries: 'R Mayor $ 300.00 $ 300.00 $ - Councilmen 400.00 400.00 - Other 3,092.89 3,000.00 (92.89) - Advertising and publications 1,466.14 1,000.00 (466. 14) Travel and subsistence 976.41 500.00 (476.41) Audit 2,025.00 1,500.00 (525.00) - Office supplies 310.31 100.00 (210.31) Subscriptions and memberships 1,034.96 900.00 (134.96) Total Council 9,605.71 7,700.00 (1,905.71) Manager' s Office: Salaries 16,418.85 15,600.00 (818.85) - Communication: Telephone 1,732.86 1,800.00 67. 14 Postage 310.16 275.00 (35. 16) Advertising and publications 567.24 800.00 232.76 - Travel and subsistence 467.42 700.00 232.58 Tuition and registration 61.00 125.00 64.00 Equipment maintenance 147.81 100.00 (47.81) Office supplies 300.95 800.00 499.05 Subscriptions and memberships 138.25 100.00 (38.25) Equipment 2,025.00 1,800.00 (225.00) Total Manager' s Office 22, 169.54 22, 100.00 (69.54) Municipal Court: Salaries: Judges 5,450.00 5,400.00 (50.00) Clerk of Court 3,664.65 3,350.00 (314.65) - Court Officer 1, 111.45 500.00 (611.45) Temporary services 527.96 500.00 (27.96) Jury 1,332.00 1,500.00 168.00 Paper service 2,056.78 1,000.00 (1,056.78) - Communications: Telephone 603.50 350.00 (253.50) Postage 78.38 75.00 (3.38) - Boarding prisoners - workhouse 976.24 2, 000.00 1,023.76 Travel and subsistence 143.86 250.00 106.14 Equipment maintenance - 25.00 25 .00 Office supplies 224,44 600.00 375.56 Subscriptions and memberships 42.50 80.00 37.50 Total Municipal Court 16, 211.76 15,630.00 (581.76) 7 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Elections: Temporary services $ 3,476.96 $ 3,800.00 $ 323.04 _ Advertising and publications 6.90 300.00 293.10 Office supplies 342,84 300.00 (42.84) Total Elections 3,826.70 4,400.00 573.30 City Clerk' s Office: Salaries 10,784.52 10,500.00 (284.52) Postage 108.48 100.00 (8.48) Travel and subsistence 269.93 300.00 30.07 Tuition and registration 35.00 25,00 (10.00) Office supplies 439.02 300.00 (139.02) - Other charges 20.00 25.00 5.00 Total City Clerk' s Office 11,656.95 11, 250.00 (406.95) Legal Services: Salaries 2,740.31 5,500.00 2,759.69 Printing 10.60 500.00 489.40 Professional services 3,767.50 1,800.00 (1,967.50) Office supplies 50.06 100.00 49.94 Subscriptions and memberships 157.50 75.00 (82.50) Total Legal Services 6,725,97 7,975.00 1, 249.03 Assessing: - Salaries: Real estate - field 8, 241.03 6,000.00 (2, 241.03) Real estate - office 4,587.01 6,000.00 1,412.99 Personal property - field 2,562.85 3, 000.00 437. 15 Personal property - office 1,044.16 1,500.00 455 .84 Postage 316,52 375 .00 58.48 - Travel and subsistence 299.07 500.00 200.93 Tuition and registration (1.3.00) 150.00 163.00 Equipment maintenance - 50.00 50.00 Office supplies 369.36 325.00 (44.36) Subscriptions and memberships 143.00 160.00 17.00 Equipment 325.00 415.00 90.00 - Total Assessing 17,875.00 18,475.00 600.00 Zoning and Planning: Salaries 1,417.74 1,600.00 182. 26 - Advertising and publications 278.97 350.00 71.03 Travel and subsistence - 150.00 150.00 Professional services 2,400.00 2,400.00 - Office supplies 265.72 130.00 (135.72) Subscriptions and memberships - 70.00 70.00 Total Zoning and Planning 4,362.43 4,700.00 337.57 8 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Charter Commission: Advertising and publications $ - $ 50.00 $ 50.00 Printing - 400.00 400.00 Professional services 2.00 100.00 98.00 Office supplies - 50.00 50.00 Total Charter Commission 2.00 600.00 598.00 Insurance: Fire 1,082.32 1,000.00 (82.32) Automobile 2,910.29 2,300.00 (610.29) Workmen' s compensation 8,721.29 9,300.00 578.71 Official bonds 592.63 600.00 7.37 Hospitalization insurance 5,531.45 5,490.00 (41.45) Flower pots 101.00 - (101.00) Total Insurance 18,938.98 18,690.00 (248.98) Police: Salaries: Regular 114,575.86 117,734.00 3, 158. 14 Part time 2,710.31 500.00 (2, 210.31) Communications: Telephone 1,544.36 1, 100.00 (444.36) Postage 67.87 75.00 7. 13 Radio 872.85 750.00 (122.85) Travel and subsistence 2, 294.32 2,600.00 305.68 - Tuition and registration 329.25 335.00 5.75 Mileage 107.26 100.00 (7.26) Equipment maintenance 652.25 500.00 (152. 25) Vehicle maintenance 2,025.53 3,000.00 974.47 Boarding prisoners - local 117.72 200.00 82.28 Professional service 409.10 200.00 (209.10) Shooting supplies 267.98 1,050.00 782.02 Office supplies 941.25 650.00 (291.25) Uniforms 1,748.39 1,500.00 (248.39) Gasoline and oil 1, 288. 13 2,300.00 1,011.87 Subscriptions and memberships 97.00 50.00 (47 .00) Equipment 4,789.92 4,810.00 20.08 Total Police 134,839.35 137,454.00 2,614.65 9 .- City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Fire: Salaries: Fire calls $ 11,679.80 $ 11,000.00 $ (679.80) Fire steward 1,080.00 1, 100.00 20.00 Communication: Telephone 1,814.01 2,000.00 185.99 Radio 715.82 900.00 184.18 Travel and subsistence 419.75 900.00 480.25 Tuition and registration 700.00 450.00 (250.00) Maintenance of equipment 1,059.50 1,650.00 590.50 Maintenance of vehicles 806.68 1, 200.00 393.32 Office supplies 114.00 50.00 (64.00) Clothing 502.43 300.00 (202.43) Gasoline and oil 293.69 350.00 56.31 Hose maintenance 1,004.50 1, 200.00 195.50 Insurance - accident 196.10 200.00 3.90 Insurance - auto 762.22 550.00 (212.22) -_ Subscriptions and memberships 75.00 100.00 25.00 Firemen' s relief - statutory 1,337. 13 6,600.00 5, 262.87 Equipment 9,511.50 8,000.00 (1,511.50) Total Fire 32,072.13 36,550.00 4,477.87 Inspection Services: Building Inspector 8,035.46 9, 250.00 1, 214.54 Electrical Inspector 1,630. 17 2,600.00 969.83 License Inspector 331.03 500.00 168.97 - Fire Marshall 342.66 150.00 (192.66) Postage - 25.00 25.00 Advertising and publications - 100.00 100.00 Travel and subsistence 205.77 150.00 (55.77) Tuition and registration 65.50 50.00 (15.50) Office supplies 153.48 100.00 (53.48) Subscriptions and memberships 65.00 100.00 35.00 Total Inspection Services 10,829.07 13, 025.00 2, 195.93 Public Employees' Retirement Association 25,529.30 22,660.00 (2,869.30) 10 City of Hopkins, Minnesota General Fund - Statement of Expenditures -- For the year ended December 31, 1964 Appro (Over) Expenditures priations Under Civil Defense: Salary - director $ - $ 1,200.00 $ 1, 200.00 Salary - part time 136.20 100.00 (36.20) Travel and subsistence 1.00 300.00 299.00 Miscellaneous supplies 21.24 400.00 378.76 Uniforms 770.07 500.00 (270.07), Equipment - 1,000.00 1,000.00 Total Civil Defense 928.51 3,500.00 2,571.49 Dog Control: Animal Rescue League 2,049.25 2,000.00 (49.25) Weed Control: Salaries 191.39 125.00 (66.39) Weed inspection 450.00 450.00 - Advertising and publications 36. 23 20.00 (16.23) Travel and subsistence 2.50 5.00 2.50 Weed spraying 125.57 225.00 99.43 Total Weed Control 805.69 825.00 19.31 Engineering: Salaries: Regular 18, 165.46 17,300.00 (865.46) Part time 1,432.26 1, 600.00 167.74 Postage 38.57 50.00 11.43 - Travel and subsistence 256.82 250.00 (6.82) Tuition and registration 98.00 80.00 (18.00) Maintenance of equipment 28.12 25.00 (3.12) Maintenance of vehicles 18.35 25.00 6.65 Office supplies 246.98 300.00 53.02 Gasoline and oil 72.53 80.00 7.47 Subscriptions and memberships 24.00 50.00 26.00 Total Engineering g� S 20,381.09 19,760.00 (621.09) 11 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Finance: Salaries $ 18,901.04 $ 19, 100.00 $ 198.96 Postage 42.53 25.00 (17.53) Travel and subsistence 41.11 50.00 8.89 Tuition and registration 7.50 50.00 42.50 Equipment maintenance 5.25 100.00 94.75 Office supplies 792. 10 400.00 (392. 10) Subscriptions and memberships 105.75 50.00 (55.75) Equipment 93.00 (93.00) Total Finance 19,988.28 19,775.00 (213.28) Street - Administration: Salaries 24, 174.86 28,000.00 3,825.14 Telephone 635.89 625.00 (10.89) Gas 2, 168.39 2,600.00 431.61 Electricity 1, 017.12 1,400.00 382.88 Maintenance of building 5,715.97 8,500.00 2, 784.03 Maintenance of vehicles 12,747.48 13,000.00 252.52 Office supplies 18.68 25.00 6.32 Gasoline and oil 4,983.33 6,000.00 1,016.67 Shop supplies 2, 177.74 1,500.00 (677.74) Equipment 26, 112.32 24, 100.00 (2,012.32) Total Street - Administration 79,751.78 85,750.00 5,998. 22 12 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Street - Storm Sewer and Sidewalks: Salaries $ 3,419.80 $ 3,500.00 $ 80.20 Maintenance of sidewalks 268.25 300.00 31.75 Culverts, pipes, and supplies 35,762.17 42,700.00 6,937.83 Total Street - Storm Sewer and Sidewalks 39,450.22 46,500.00 7,049.78 Street - Street and Alley: Salaries 4,094.46 3,700.00 (394.46) Contractual materials 1,879.12 1,000.00 (879.12) Parking lot maintenance 1,692.20 1,500.00 (192.20) Total Street - Street and Alley 7,665.78 6, 200.00 (1,465.78) Street - Traffic Signs, Signals, and Markings: Salaries 5,059. 18 2,400.00 (2,659.18) Electrical service 1,928.82 1,700.00 ( 228.82) Maintenance of traffic signals 1,072.69 1,000.00 (72.69) Striping 754.57 1,500.00 745.43 Traffic and street signs 4,963.85 5, 100.00 136. 15 Total Street - Traffic Signs, Signals, and Markings 13,779.11 11,700.00 (2,079.11) 13 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Street - Snow and Ice Removal: Salaries $ 5,541.20 $ 10,000.00 $ 4,458.80 Maintenance of materials 2,748.26 3,000.00 167.50 Supplies 32.50 200.00 251.74 Equipment 895.00 - (895.00) Total Street - Snow and Ice Removal 9,216.96 13, 200.00 3,983.04 Street - Street Cleaning: Salaries 4,299.70 5, 000.00 700.30 Street - Street Lighting and Tree Service: Salaries 4,618.57 2,500.00 (2, 118.57) Electrical service 21,436.66 22,000.00 563.34 Maintenance of lights 2,850.36 1, 000.00 (1,850.36) Tree trimming and spraying 1,495.92 2,500.00 1, 004.08 Miscellaneous supplies 87.25 100.00 12.75 Total Street - Street Lighting and Tree Service 30,488.76 28, 100.00 (2,388.76) Street - Street Patching: Salaries 6,976.11 7,500.00 523.89 Material 7,460.44 7,500.00 39.56 Total Street - Street _ Patching 14,436.55 15,000.00 563.45 .- Street - Resurfacing and Sealing: Salaries 2,034.82 3, 000.00 965.18 Material 11,551.95 12,000.00 448.05 Total Street - Resurfacing and Sealing 13,586.77 15,000.00 1,413.23 14 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Garbage Pickup and Dump: Salaries: Administrative $ 5,902.47 $ 6,500.00 $ 597.53 Pickup 37,786.86 35,000.00 (2,786.86) Dump 16,730.23 10,510.00 (6,220.23) Vacation 214.66 1,715.00 1,500.34 Holiday 54.70 1,575.00 1,520.30 Sick leave 218.59 700.00 481.41 Maintenance of vehicles 749.19 1,500.00 750.81 Extermination 205.00 200.00 (5.00) Dirt and land fill 573.50 1,500.00 926.50 Gasoline and oil 1,688. 11 2,500.00 811.89 Miscellaneous supplies 122.52 100.00 (22.52) — Equipment 2, 122.22 - (2, 122.22) Total Garbage Pick and Dump 66,368.05 61,800.00 (4,568.05) Municipal Building: Salaries 4,556.85 2,500.00 (2,056.85) Utilities: Gas 2,235.57 1,300.00 (935.57) Electricity 1,207.17 1,400.00 192.83 Building maintenance 1, 185.36 800.00 (385.36) Maintenance of rental property 1,776.64 400.00 (1,376.64) Janitor supplies 953.02 600.00 (353.02) Total Municipal Building 11,914.61 7,000.00 (4,914.61) Health: Rural Nursing Service 3,013.05 3,000.00 (13.05) ,.. Health officer 12.50 300.00 287.50 Supplies 25.00 50.00 25.00 Total Health 3,050.55 3,350.00 299.45 -_ 15 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under " Public Welfare: County Relief Board - Relief $ 6,787.32 $ 11,000.00 $ 4,212.68 County Relief Board - Administration 2, 180.45 1,600.00 (580.45) Total Public Welfare 8,967.77 12,600.00 3,632.23 Public Library: Salaries: Administrative 24,616.65 25,800.00 1, 183.35 -- Custodian 1,444.76 1, 200.00 (244.76) Communication: Telephone 252.25 300.00 47.75 Postage 63.98 25.00 (38.98) Travel and subsistence 348.75 300.00 (48.75) Building maintenance 110.79 100.00 (10.79) Equipment maintenance 143.96 50.00 (93.96) " Rent 10,008.00 9,900.00 (108.00) Office supplies 293.05 150.00 (143.05) Books and periodicals 9,087.59 9, 000.00 (87.59) .s Miscellaneous supplies 1, 120.38 300.00 (820.38) Subscriptions and memberships 95.50 100.00 4.50 Equipment 766.59 1,000.00 233.41 Total Public Library 48,352.25 48,225.00 (127.25) Recreation: Administrative: Salaries 14,484. 18 14,300.00 (184. 18) Telephone 366.59 300.00 (66.59) Postage 170.47 210.00 39.53 Advertising and publications 342.69 500.00 157.31 Travel and subsistence 1,064.98 1, 100.00 35.02 Tuition and registration 86.75 75.00 (11.75) Office supplies 325.00 300.00 (25.00) Miscellaneous supplies 47.90 100.00 52. 10 Subscriptions and memberships 78.50 85.00 6.50 s Total Administrative 16,967.06 16,970.00 2.94 16 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Recreation: General Activities: Junior and midget baseball $ 663.25 $ 700.00 $ 36.75 Instruction and recreation classes 4,473.00 4,000.00 (473.00) Gym supervision 1,060.00 1,000.00 (60.00) Miscellaneous supplies 145.30 150.00 4.70 Total General Activities 6,341.55 5,850.00 (491.55) Playgrounds: Instruction 7,962.19 7,600.00 (362.19) General supplies 482.93 500.00 17.07 Craft supplies 1,088.09 1, 100.00 11.91 Athletic supplies 476.54 500.00 23.46 Total Playgrounds 10,009.75 9,700.00 (309.75) Basketball: Officiating 736.00 1,050.00 314.00 Supervision 712.88 500.00 (212.88) Supplies 122.80 50.00 (72.80) Trophies 140.00 140.00 - 'R Subscriptions and memberships 35.00 40.00 5.00 Total Basketball 1,746.68 1,780.00 33.32 17 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Recreation: Softball: Officiating $ 890.00 $ 1, 100.00 $ 210.00 Supervision 822.43 820.00 (2.43) Electricity 370.80 470.00 99.20 Maintenance of lights 327.59 500.00 172.41 Supplies 118.95 115.00 (3.95) Trophies 133.70 135.00 1.30 Balls 276.00 300.00 24.00 Subscriptions and memberships 182.00 185.00 3.00 Total Softball 3, 121.47 3,625.00 503.53 Skating Rinks: Supervision 2,990.38 2,800.00 (190.38) Electricity 209.46 275.00 65.54 Fuel 543.16 400.00 (143.16) Supplies 97.21 100.00 2.79 Soft Drinks - 800.00 800.00 Total Skating Rinks 3,840.21 4,375.00 534.79 Beach: .- Instruction 2,399.50 2,700.00 300.50 Guarding 4,496.88 4,500.00 3. 12 Parking lot attendants 998.03 1, 000.00 1.97 Telephone 84.68 100.00 15.32 Electricity 87.95 275.00 187.05 Supplies 460.03 500.00 39.97 Bus transportation 2,228.25 2,500.00 271.75 Total Beach 10,755.32 11,575.00 819.68 18 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Recreation: Pool: Instruction $ 5,852.76 $ 4,400.00 $(1,452.76) Supervision 2,407. 11 1,500.00 (907. 11) Supplies 70.93 100.00 29.07 Total Pool 8,330.80 6,000.00 (2,330.80) Touch Football: Officiating 164.00 220.00 56.00 _ Electricity 66.02 100.00 33.98 Trophies 40.00 40.00 - Total Touch Football 270.02 360.00 89.98 Total Recreation 61,382.86 60, 235.00 (1, 147.86) Parks: Salaries 14,402.06 14,500.00 97.94 Building maintenance 777.89 1,300.00 522.11 Equipment maintenance 593.28 600.00 6.72 Skating rink maintenance 4,784.33 4, 100.00 (684.33) Parking lot maintenance 39.50 300.00 260.50 Gasoline and oil 152.32 300.00 147.68 Supplies 2,839.11 2,800.00 (39.11) Maintenance material 1, 105.72 1, 100.00 (5.72) Maintenance of grounds 992.75 - (992.75) Equipment 16,008.39 15,850.00 (158.39) Total Parks 41,695.35 40,850.00 (845.35) Hennepin County Parks 2,046.60 2, 100.00 53.40 19 City of Hopkins, Minnesota General Fund - Statement of Expenditures For the year ended December 31, 1964 Pg Appro- (Over) No Expenditures priations Under Contingencies: General contingencies $ 27,234.83 $ 10,000.00 $(17, 234.83) Land and construction 242.19 5, 000.00 4,757.81 Special assessments 4,240.41 2,500.00 (1,740.41) P.I.R. fund expense 4, 191.02 7,000.00 2,808.98 Reserve for uncollectible taxes - 10,000.00 10,000.00 Transfer to unappropriated surplus - 72,000.00 72,000.00 Total Contingencies 35,908.45 106,500.00 70,591.55 5 Grand Totals - General Fund 851,159.83 936, 179.00 85,019.17 20 City of Hopkins, Minnesota General Fund - Parking Fund Reserves Operating Statements For the year ended December 31, 1964 Pg On Street Off Street Parking No Parking Parking Violations Total Statement of Revenues Meter collections $3,399.27 $ $ $3,399.27 Special parking stickers 360.00 360.00 Violations 2, 197.00 2, 197.00 2 Total Revenues 3,399.27 360.00 2, 197.00 5,956.27 Statement of Expenditures Labor 767.53 767.53 Supplies 22.00 22.00 Transfer to general revenue 2,443.00 360.00 2, 197.00 5,000.00 2 Total Expenditures 3, 232.53 360.00 2, 197.00 5,789.53 21 City of Hopkins, Minnesota General Fund - Recreation - Beach Concession Operating Statement For the year ended December 31, 1964 Pg No Statement of Revenues Concession sales $6,904.19 Locker fees 16. 10 Merchandise refunds 176.26 2 Total revenues $7,096.55 Statement of Expenditures Salaries 1,930. 19 Merchandise and supplies 3,712.00 Utilities 137 .19 Laundry 22.84 Equipment maintenance 42.50 2 Total expenditures 5,844.72 Water Utility Fund 22 City of Hopkins, Minnesota Water Utility Fund Balance Sheet December 31, 1964 Pg No Assets Petty cash $ 100.00 Funds in hands of fiscal agents * 4,861.50 71 Investments 182,377.08 Accounts receivable 6,936.62 71 Accrued interest receivable 2,324.41 74 Inventory 6,317.54 27 Capital assets: Land $ 5,355.20 Wells, tanks, and mains $1,546,440.40 Meters 13, 226.17 Office equipment 1,780.10 Sundry equipment 5,545.96 Vehicles 7,961.92 1,574,954.55 Less: Allowance for depreciation 278,974.57 1, 295,979.98 1,301,335.18 Total assets 1,504, 252.33 Liabilities, Reserves, and Surplus 70 Treasurer' s cash (deficit) 28,443.23 Vouchers payable 4,752.17 Matured bonds and interest * 4,861.50 28 Bonds payable 265,000.00 28 Interest payable 60,577.50 Funds in escrow 30.00 23 Surplus - current 164,930.25 23 Surplus - invested in fixed assets 975,657.68 Total liabilities, reserves, and surplus 1,504, 252.33 * The account - funds in hands of fiscal agents, represented by matured municipal bonds and interest coupons not received from fiscal agents at December 31, 1964, is offset by the account - matured bonds and interest. 23 City of Hopkins, Minnesota Water Utility Fund Analysis of Changes in Surplus December 31, 1964 Pg -- No Surplus - Current Balance - December 31, 1963 $ 130,898.17 Additions: 24 Revenues 149,618.00 280,516.17 Deductions: 26 Expenditures $115,486.15 Adjust inventory 99.77 115,585.92 22 Balance - December 31, 1964 164,930.25 Surplus - Invested in Fixed Assets Balance - December 31, 1963 942,972.29 Additions: 27 Current surplus 15, 125.04 _ 44 Special assessments 20,887 .80 26 Bond and interest payment 30,048.00 66,060.84 1,009,033. 13 Deductions: 27 Depreciation for the year 33,375.45 — 22 Balance - December 31, 1964 975,657.68 24 City of Hopkins, Minnesota Water Utility Fund Statement of Revenues For the year ended December 31, 1964 Pg Actual Estimated Over No Revenue Revenue (Under) Service $166,233.22 Less: Transfer to Sewer Fund 24,934.98 $141, 298.24 $117,300.00 $23,998.24 Other income: Customer services 319.86 Miscellaneous 2,455.93 2,775.79 500.00 2,275.79 Interest on investments 5,543.97 2,000.00 3,543.97 23 Totals 149,618.00 119,800.00 29,818.00 25 City of Hopkins, Minnesota Water Utility Fund Statement of Expenditures For the year ended December 31, 1964 Appro- (Over) Expenditures priations Under Administrative: Salaries: Regular $ 5,334.37 $ 4, 250.00 $(1,084.37) _ Vacation 33.65 750.00 716.35 Holiday 88.81 700.00 611.19 Sick leave - 600.00 600.00 Communications: Telephone 280.00 350.00 70.00 Postage 332. 16 300.00 (32. 16) Radio 246.86 300.00 53. 14 Travel and subsistence 12.55 100.00 87.45 Tuition and registration 12.50 30.00 17.50 Maintenance of equipment 169.70 300.00 130.30 Maintenance of vehicles 114.02 350.00 235.98 - Audit 700.00 700.00 - Office supplies 298.38 500.00 201.62 Gasoline and oil 221.21 300.00 78.79 Insurance: Fire 530.38 650.00 119.62 Auto 146.50 200.00 53.50 Workmen' s compensation 600.00 600.00 - Hospitalization 238.02 225.00 4.28 Subscriptions - 25.00 7.70 Water survey 3,800.00 - (3,800.00) Retirement contribution 1,920.00 1,920.00 - Contingent repairs 548.10 2,500.00 1,951.90 General fund overhead 14,755.00 14,755 .00 - Total Administrative 30,382.21 30,405.00 22.79 Pumps and Wells: Salaries 6,679.55 6,500.00 (179.55) Heat 2,291.85 3, 000.00 708.15 Electricity 12,716.16 11,800.00 (916.16) - Equipment maintenance 399.25 100.00 (299.25) Miscellaneous supplies 67.58 100.00 32.42 Tools 1.95 200.00 198.05 Maintenance materials 1,218.18 1, 100.00 (118. 18) Chemical supplies 2,006.10 4,000.00 1,993.90 Total Pumps and Wells 25,380.62 26,800.00 1,419.38 Capital Outlay 13,155.84 3,700.00 (9,455.84) 26 City of Hopkins, Minnesota Water Utility Fund Statement of Expenditures For the year ended December 31, 1964 Pg Appro- (Over) -- No Expenditures priations Under Distribution: Salaries $ 8,785 .00 $ 7,000.00 $(1, 785.00) Meter inspection - payroll 668.97 200.00 (468.97) Meter reading - payroll 2,372.26 2, 200.00 (172.26) Miscellaneous supplies 133.55 100.00 (33.55) Maintenance supplies: Servicing tower and reservoir $1,495.00 Other 638.04 2, 133.04 2,500.00 366.96 Fire hydrants 407.44 1,500.00 1,092.56 Meters 1,969.20 2,300.00 330.80 Total Distribution 16,469.46 15,800.00 (669.46) Debt Retirement: Bonds: Issue of 6-1-54 10, 000.00 10, 000.00 - Issue of 6-1-57 10,000.00 10,000.00 - Interest: Issue of 6-1-54 3,728.00 3, 728.00 - Issue of 6-1-57 6, 320.00 6,320.00 - Fiscal agent charges 50.02 50.00 ( .02) 23 Total Debt Retirement 30,098.02 30, 098.00 ( .02) 23 Grand Totals 115,486. 15 106,803.00 (8, 683.15) 27 City of Hopkins, Minnesota Water Utility Fund Fixed Assets and Depreciation December 31, 1964 Pg Allowance for Depreciation No Balance Balance Cost Rate 12-31-63 Deprec, 12-31-64 Land 12-31-64 Balance $ 5,355.20* Wells, Tanks, and Mains 12-31-63 Balance $1,512,596.76 2% $234,026.61 Special Assessments 20,887.80 Current Surplus 12,955.84 12-31-64 Balance 1,546,440.40 $30,590.38 $264,616.99 Meters 12-31-63 Balance 11,256.97 10 3,401.29 + Current Surplus 1,969.20 12-31-64 Balance 13, 226.17 1, 221.91 4,623.20 Office Equipment 12-31-64 Balance 1,780.10* 10 1,064.73 178,01 1, 242.74 Sundry Equipment 12-31-63 Balance 5,345.96 10 763.20 Current Surplus 200.00 12-31-64 Balance 5,545.96 544.60 1,307.80 Vehicles 12-31-64 Power Digger (1/2) 2,539.03 10 2,412.06 126.97 2,539.03 1959 Ford F-100 (2) 737.47 20 663.71 73.76 737.47 Trfd.to Recreation Dept. (737.47) (737.47) Worthington Com- pressor (2) 1,899.00 20 1,708.50 190.50 1,899.00 1961 Ford F-250 2, 147.00 20 1,051.80 435 .40 1,487.20 1954 International Dump - 1/2 Ton 1, 237.73 20 1, 237.73 - 1, 237.73 Radio Antenna (1/3) 139.16 10 6.96 13.92 20.88 7,961.92* 7,080.76 840.55 7, 183.84 22 Totals 1,580,309.75 246,336.59 33,375.45 278,974.57 * Balance unchanged from December 31, 1963 28 City of Hopkins, Minnesota _ Water Utility Fund Revenue Bonds December 31, 1964 Pg Water Water �- No Revenue Revenue Interest Interest Rate Rate Total Date of issue 6-1-54 6-1-57 Maturity date June 1 June 1 Bonds payable: 1965 $ 12, 000.00 2.5% $ 10,000.00 4.0% $ 22,000.00 1966 12,000.00 2.5 10,000.00 4.0 22, 000.00 1967 12, 000.00 2.9 10,000.00 4.3 22,000.00 1968 12,000.00 2.9 10,000.00 4.3 22,000.00 1969 12,000.00 2.9 10,000.00 4.3 22,000.00 1970 13,000.00 2.9 10,000.00 4.3 23, 000.00 1971 13,000.00 2.9 10,000.00 4.5 23,000.00 1972 13,000.00 2.9 10,000.00 4.5 23, 000.00 1973 13,000.00 3.0 10,000.00 4.5 23,000.00 1974 13,000.00 3.0 10,000.00 4.5 23,000.00 1975 20,000.00 4.5 20,000.00 1976 20,000.00 4.5 20,000.00 s 22 Total bonds payable 125,000.00 140,000.00 265 .000.00 Future interest: 1965 3,453.00 5,920.00 9,373.00 1966 3, 129.00 5,520.00 8,649.00 1967 2,781.00 5, 105.00 7,886.00 1968 2,433.00 4,675.00 7, 108.00 1969 2,085.00 4, 245.00 6,330.00 1970 1,722.50 3,815.00 5,537.50 1971 1,345.50 3,375.00 4,720.50 1972 968.50 2,925.00 3,893.50 1973 585.00 2,475.00 3,060.00 1974 195.00 2,025.00 2,220.00 1975 1,350.00 1,350.00 1976 450.00 450.00 .- 22 Total future interest 18,697.50 41,880.00 60,577.50 29 City of Hopkins, Minnesota Water Utility Fund Accrual Operating Statement For the year ended December 31, 1964 Operating income: Water sales $166, 233.22 Less: Allocation to sewer utility 24,934.98 $141,298.24 Other receipts 2,775.79 Operating income 144,074.03 �.. Operating expenses: Salaries 23,962.61 Utilities: Heat 2,291.85 Electricity 12,716.16 Communication 859.02 Vehicles and equipment: Maintenance 682.97 Gasoline and oil 221.21 Office supplies and expense 298.38 Audit 700.00 Insurance 1,514.90 Travel 12.55 Tuition and registration 12.50 Retirement contribution 1,920.00 Overhead charge - general fund 14,755.00 Maintenance and supplies 3,427.36 Maintenance and supplies - mains and hydrants 638.04 Contingent repairs 548.10 Servicing tower and reservoir 1,495.00 Depreciation 33,375.45 Total operating expenses 99,431. 10 Net operating income 44,642.93 Other income: Interest earned 5,543.97 50, 186.90 Other deductions: Bond interest 10,048.00 Bond service charges 50.02 10,098.02 Net income for the year 40,088.88 Sewer Utility Fund 30 f City of Hopkins, Minnesota Sewer Utility Fund Balance Sheet December 31, 1964 Pg No Assets Deposit with fiscal agents * $ 13, 292.50 50 Deposit with bond retirement fund 4,747.60 71 Investments 49,970.60 Accounts receivable 4,612.25 71 Accrued interest receivable 795.00 73 Due from other funds 3,750.00 74 Inventory 130.90 35 Fixed assets: Pumps and mains $1,501,778.11 Equipment 1,027.77 Vehicles 30, 104.05 1,532,909.93 Less: Allowance for depreciation 329,689.01 1, 203, 220.92 Total assets 1, 280,519.77 Liabilities, Reserves, and Surplus 70 Treasurer' s cash (deficit) 997.23 •- Vouchers payable 2,021.87 Matured bonds and interest payable * 13, 292.50 75 Due to city of Minneapolis 870.57 73 Due to other funds 54,646.20 36 Bonds payable 13,000.00 36 Interest payable 292.50 31 Surplus - current 60, 116.68 31 Surplus - invested in fixed assets 1, 135,282.22 Total liabilities, reserves, and surplus 1, 280,519.77 * The account - funds in hands of fiscal agents, represented by matured municipal bonds and interest coupons not received from fiscal agents at December 31, 1964, is offset by the account - matured bonds and interest. 31 City of Hopkins, Minnesota Sewer Utility Fund Analysis of Changes in Surplus December 31, 1964 Pg Surplus - Current Balance - December 31, 1963 $ 55,844.77 Additions: 32 Revenues 123,027.84 178,872.61 Deductions: 34 Expenditures $118,377.49 Inventory adjustment 378.44 118,755.93 30 Balance - December 31, 1964 60, 116.68 Surplus - Invested in Fixed Assets Balance - December 31, 1963 1,095,563.53 Additions: 42 Special assessments 36,431.04 34 Bond and interest payments 27,553.00 Deposit with bond retirement fund 698.40 35 Mains and lift station 11,087.42 35 Equipment purchased 3, 188.58 78,958.44 1, 174,521.97 Deductions: 1 35 Depreciation for the year 39, 239.75 30 Balance - December 31, 1964 1, 135, 282.22 32 • City of Hopkins, Minnesota Sewer Utility Fund Statement of Revenues For the year ended December 31, 1964 Pg Actual Estimated Over No Revenue Revenue (Under) Service $ 94,447.04 $ 93, 000.00 $1,447.04 Transfer from water utility 24,934.98 20,700.00 4,234.98 Connection charges 1,571.00 1,600.00 (29.00) Interest on investments 2,074.82 2,000.00 74.82 31 Totals 123,027.84 117,300.00 5,727.84 33 City of Hopkins, Minnesota Sewer Utility Fund Statement of Expenditures For the year ended December 31, 1964 Expendi- Appro- (Over) Administrative: tures priations Under Salaries: Regular $ 5,425.52 $ 3,560.00 $(1,865.52) Vacation 43.29 710.00 666.71 Holiday 62.79 630.00 567.21 Sick leave 38.63 400.00 361.37 Communication: Telephone 59.00 75.00 16.00 Postage 332.08 375,00 42.92 Radio contract 239.36 400.00 160,64 Maintenance of equipment 131.51 175.00 43.49 Maintenance of vehicles 176.34 250.00 73.66 Audit 700.00 700.00 - Office supplies 225.28 500.00 274.72 Gasoline and oil 300.88 600,00 299.12 Miscellaneous supplies 44.55 300.00 255.45 Insurance: Fire 72.12 425,00 352.88 Auto 153.36 100.00 (53.36) Workmen' s compensation 700.00 700.00 - Hospitalization 238.03 225.00 (13.03) Subscriptions - 25.00 25.00 Retirement contribution 720.00 720.00 - General fund overhead 13,995.00 13,995.00 - Contingent repairs 5,782,53 6,000.00 217.47 Total administrative 29,440.27 30,865.00 1,424.73 - Lift stations: Salaries 9,687.10 9,000.00 (687.10) . Heat 345.60 400.00 54.40 Electricity 5,303.62 6, 200,00 896.38 Maintenance of equipment 1,009.20 2,000.00 990.80 Miscellaneous supplies 30.37 100.00 69.63 Maintenance material 565.72 300,00 (265.72) Chemical supplies 1,818.98 900.00 (918.98) Total lift stations 18,760.59 18,900.00 139.41 34 City of Hopkins, Minnesota Sewer Utility Fund Statement of Expenditures For the year ended December 31, 1964 Pg No Expendi- Appro- (Over) tures priations Under Maintenance and disposal: Salaries $ 3, 228.77 $ 3,500.00 $ 271.23 Inspection payroll 280.33 200.00 (80.33) -, Service disposal charges 19, 124.00 20,000.00 876.00 Miscellaneous supplies 63.45 100.00 36.55 Maintenance materials 2,732.38 1,000.00 (1,732.38) Sewer cleaning 3573.45 1,000.00 (2,573.45) Total maintenance and disposal 29,002.38 25,800.00 (3,202.38) Capital outlay 13,599.00 8,500.00 (5,099.00) Debt retirement: Bonds: Issue of 12-1-45 13,000.00 13,000.00 - Issue of 9-1-58 12,000.00 12,000.00 - Interest: "" Issue of 12-1-45 585.00 585.00 - Issue of 9-1-58 1,968.00 1,968.00 - Fiscal agent charges 22.25 42.00 19.75 Total debt retirement 27,575.25 27,595.00 19.75 31 Grand Totals 118,377.49 111,660.00 (6,717.49) 35 City of Hopkins, Minnesota Sewer Utility Fund Fixed Assets and Depreciation December 31, 1964 Pg Allowance for Depreciation No Balance Balance Date Cost Rate 12-31-63 Deprec. 12-31-64 Pumps and Mains 12-31-63 Balance $1,454, 259.65 22% $271,735.62 Special assessments 36,431.04 Current surplus 11,087.42 12-31-64 Balance 1,501,778.11 $37,543.03 $309,278.65 Office Equipment 12-31-64 Balance 1,027.77* 10 640. 11 102.78 742.89 Vehicles and Equipment 12-31-63 Power digger (1/2) 2,470.03 10 2,346.51 - 2,346.51 Carryalll trailer 361.85 25 336.85 - 336.85 Fordson Diesel 6,553.00 6,053.00 - 6,053.00 Hoist box 566.50 566.50 - 566.50 Bell Hole bucket 204.20 204.20 - 204.20 Rodding machine 3,980.00 3,880.00 - 3,880.00 .. Electric motor 473.00 473.00 - 473.00 1959 Ford F-100 (2) 737.48 20 663.71 73.77 737.48 Trfd. to Recreation Department (737.48) (737.48) Worthington Compressor (2) 1,898.00 1,708.50 89.50 1,798.00 1961 Ford F-250 2, 147.00 1,039.80 429.40 1,469.20 _- 1954 Int' l Dump 1, 237.73 1, 187.73 - 1, 187.73 Generator Trailer 6,885.00 10 344.25 688.50 1, 032.75 Radio Antenna (1/3) 139.16 6.96 13.91 20.87 1964 1964 Ford 3/4 Ton 2,589.18 20 - 258.92 258.92 110 Volt Generator 119.40 - 11.94 11.94 Radio Console 200.00 - - - McDonald Chipping Hammer 280.00 - 28.00 28.00 12-31-64 Balance 30, 104.05 18,811.01 1,593.94 19,667.47 30 Totals 1,532,909.93 291, 186.74 39, 239.75 329,689.01 * Balance unchanged from December 31, 1963. w 36 City of Hopkins, Minnesota Sewer Utility Fund Revenue Bonds December 31, 1964 Pg No Bonds Interest Total Date of issue: 12-1-45 Maturity date: December 1 Interest rate: 2.25% 30 Final payment due: 1965 $13,000.00 $ 292.50 $13, 292.50 37 City of Hopkins, Minnesota Sewer Utility Fund Accrual Operating Statement For the year ended December 31, 1964 Operating income: Sewerage disposal charges $94,447.04 Allocation from water utility 24,934.98 Connection charges 1,571.00 Total operating income $120,953.02 Operating expenses: Salaries 18,766.43 Utilities: Heat 345.60 Light and, power 5,303.62 Communications 630.44 Vehicles and equipment: Maintenance 1,317.05 Gasoline and oil 300.88 Office supplies and expense 225.28 Audit 700.00 Insurance 1, 163.51 Retirement contribution 720.00 Sewerage disposal charges 19, 124.00 Mains and equipment repairs 5,782.53 *-- Maintenance and supplies 5, 255.45 Overhead charge 13,995.00 Depreciation 39, 249.75 Total operating expenses 112,879.54 Net operating income 8,073.48 Other income: Interest income 2,074.82 ,.. 10, 148.30 Other deductions: Interest expense 2,553.00 Bank service charges 22.25 Sewer cleaning 3,573.45 Total other deductions 6, 148.70 Net income for the year 3,999.60 Permanent Improvement Revolving Fund 38 City of Hopkins, Minnesota Permanent Improvement Revolving Fund Balance Sheet December 31, 1964 Pg No Assets 70 Treasurer' s cash $ 4, 256.33 71 Investments 218,774.00 41 Assessments receivable 1,062,735.92 loom 44 To be assessed * 81,074.87 Accounts receivable 57.25 71 Accrued interest receivable 1,416.66 Municipal state aid 53,488.65 Projects to be authorized 25,675.00 44 Work in process 38,024.83 Total Assets 1,485,503.51 Liabilities, Reserves, and Surplus 73 Due to other funds 482,929.09 Contracts payable 3,899.45 •— 44 Projects authorized * 81,074.87 Fund balance 830,000.00 39 Surplus - unappropriated 87,600. 10 Total Liabilities, Reserves, and Surplus 1,485,503.51 * Projects authorized represents the original amount of projects approved but uncompleted or unassessed at statement date and is offset by the account - to be assessed. 39 City of Hopkins, Minnesota Permanent Improvement Revolving Fund Analysis of Changes in Surplus December 31, 1964 Pg No Balance - December 31, 1963 $560,036.63 Additions: 40 Revenues $188, 133.79 Interest on current year assessment 25,521.70 Increase future taxes receivable to agree with Hennepin County Auditor' s records 15,416.05 229,071.54 789, 108.17 Deductions: 41 Applied to assessments receivable 180,888.57 Loss of interest on prepayments 17,677.15 Interest loss on city property 372.84 Cancellation of assessments 3,449.99 1963 assessments not collected in 1964 6,809.52 Applied to retire the bond indebtedness incurred for the construction of the new Municipal Building - 53 Principal $400,000.00 Future interest 92,310.00 492,310.00 701,508.07 38 Balance - December 31, 1964 87,600.10 40 City of Hopkins, Minnesota Permanent Improvement Revolving Fund Statement of Revenues For the year ended December 31, 1964 Pg Actual No Revenue Tax settlements - current $148, 192.70 - delinquent 1,571.96 $149,764.66 Collections by City 32,695.87 Interest on investments 5,673,26 39 Total revenue 188, 133.79 41 City of Hopkins, Minnesota Permanent Improvement Revolving Fund Assessments Receivable December 31, 1964 Pg No Balance - December 31, 1963 $1, 169, 272.73 Add: Assessments completed $ 87,691.32 Increase future taxes receivable to agree with Hennepin County Auditor' s records 15,416.05 103, 107.37 1,272,380.10 Deduct: 39 County collections 148, 192.70 39 City collections 32,695 .87 Assessments cancelled 3,975.59 Interest cancelled by prepayments 17,677.15 Cancellation of assessments on city-owned property 293.35 1963 assessments not collected in 1964 - charged to surplus 6,809.52 209,644.18 38 Balance - December 31, 1964 1,062,735.92 -42_ City of Hopkins, Minnesota Permanent Improvement Revolving Fund Construction Costs -- For For the year ended December 31, 1964 Construction Payments Administra- Project In Progress Current tive -- Location Number 12-31-63 Year Overhead BLACKTOP: -- Cottage Cottage Downs Valley Way 224 $ 6,461.19 $ 266.00 $ (515.26) 7th Avenue South 229 1,623.23 136.46 20.19 Alley Jackson and Monroe 230 944.97 109.64 16.44 -- Tenth Tenth Avenue 301 583.87 79.66 (12.28) 21st Avenue 304B 1, 225.10 189.38 (108.88) 21st Ave. and Second 304E 4,793.91 1, 238.04 63.36 Third St. N. - 15 - 16 313 Alley - 5 to 6 - 2nd and 3rd 314 1, 118.77 115.85 17.37 Alley N. of Excelsior - 20 - 21 318 20.59 49.08 7.36 13th Ave. S. and Second St. S. 321 1,276.14 5,664.63 891.41 Monroe Ave. and Monroe Place 329 4, 246.92 637.04 Alley - 11 - 12 S. of 1st St. 331 568.21 85.23 Fifth Avenue South 305C 65,083.11 747. 17 Alley 12th Ave. S. 1 - 2 410 618.87 92.83 Alley East and West 17 - 18 415 458.13 68.72 Alley between 14-15, 4th to Hiway 420 Jackson Avenue North 423 -- Alley between 12-13 N., 3 - 4 424 Alley E-W N. of Excelsior 18-19 425 Ashley Road 426 342.00 51.30 -- INSTALLING INSTALLING STREETS: Seventh St. S. 003A 908.78 14th Avenue S. 003B 445.67 5th Street S. 105 3, 190.92 Road between Robinwood Ln. & 17th 232 4, 275.51 205.38 252.58 Harrison Avenue 308B 1, 269.86 -- Van Van Buren Avenue N. 403 STORM SEWER: Harrison Avenue 308A 1,986.86 (1.09) CURB AND GUTTER: 21st Avenue N. and Second St. N. 304A 3,811.95 - Widen Excelsior 309 1,606.53 185.48 27.52 5th Avenue S. 305A 3,428.61 514.29 SIDEWALKS: 210 - 12th Ave. N. 311 Miscellaneous - 1963 327 2,002.79 864.42 129.73 5th Avenue South 305B 2, 130.66 319.60 Theatre 418 356.89 53.53 Miscellaneous - 1964 422 1, 217.26 182,59 -42- Eliminated Interest Assessed Construction Projects or and Fee Property City In Progress Authorized Transferred Charges Total Owners Share 12-31-64 12-31-64 $ 1,824.61 $ 1,514.51 $ 5,901.83 $ 5,901.83 $ $ $ 425.72 2, 205.60 1,653.96 551.64 210.29 1, 281.34 1, 281.34 96.00 747.25 585.72 161.53 915. 19 78.88 469. 29 469.29 815.68 1,577.41 6,857.04 6, 127.92 729.12 965.00 248.34 1,500.33 1,500.33 77.03 345.00 7,832.18 10,563.00 4,883.96 4,388.69 653.44 1,292.60 60, 101.96 5,728.32 5,728.32 711.70 1,304.00 526.85 570.22 607.20 13,455.00 1, 129.76 570.40 393.30 498.81 908.78 1,942.00 445.67 392.00 3, 190.92 2,760.00 919.84 5, 653.31 5,653.31 440.08 1,709.94 1,709.94 6,556.00 686.42 2,672. 19 2,672.19 52.61 1,076.84 4,836.18 4, 172.82 663.36 1,819.53 3,942.90 4,312.49 62. 10 720. 13 3,717.07 3,717.07 2,450.26 3, 285.00 410.42 410.42 1,399.85 1, 172.94 -43- — City of Hopkins, Minnesota Permanent Improvement Revolving Fund _ Construction Costs For the year ended December 31, 1964 Construction Payments Administra- "' Project In Progress Current tive Location Number 12-31-63 Year Overhead CURB: 5th Avenue South 330 $ 73.74 $ 632.02 $ 94.80 DRIVEWAYS AND CURB CUTS: 338 - 19th Ave. No. 328 106.40 15.96 31 - 6th Ave. So. 332 24.20 2.42 330 - 19th Ave. No. 412 60.96 9. 14 16 - 19th Ave. No. 417 61.42 9.21 646 - 6th Ave. So. 419 110.82 350 - 19th Ave. No. 428 _, SEWER: Monroe Avenue North 014 116.01 Monroe Avenue North 211 2,670.43 Harrison Avenue 306 2,047.35 (1.73) Monroe Place 316 1,545.31 5th Ave. S. and County Rd. 3 320 8, 118.00 1,217.70 -- 13th 13th Ave. S. between 1st and 2nd 323 6,472.60 970.89 Ashley Road 409 387.64 56,91 Sixth Ave. South 421S WATER: Monroe Ave. North 210 2,646.38 First Street North 236 1,814.98 Harrison Avenue 307 1,984.31 (2.29) Monroe Place 317 1,749.61 5th Ave. S. & County Road 3 319 10.00 4,355.20 654.03 .- 13th Ave. S. between 1st and 2nd 322 795.00 119.25 Hydrants on 2nd St. N. 407 7th St. S. between 5th & 6th 408 1,939.30 290.90 -- 6th 6th Avenue South 421W UTILITY CONNECTIONS: 211 - 20th Ave. N. 626.38 Totals 52,204.76 111,244.62 6,977.94 _ -44- Eliminated Interest Assessed Construction Projects or and Fee Property City In Progress Authorized Transferred Charges Total Owners Share 12-31-64 12-31-64 $ $ $ $ $ $ 800.56 $ 930.00 42.61 164.97 164.97 26.62 70. 10 117.30 70.63 117.30 110.82 164.22 113.85 116.01 1,728.46 4,398.89 4,398.89 707.03 2,752.65 2,752.65 1,000.22 2,545.53 2,545.53 2,479.81 11,815.51 9,667.08 2, 148.43 4,802.78 12, 246.27 12, 246.27 444.55 1,290.87 5,300.00 1, 712.57 4,358.95 4,358.95 909.05 2,724.03 2,306.44 417.59 685. 12 2,667. 14 2,667.14 1, 132.24 2,881.85 2,881.85 5.00 1,732.60 6,746.83 6,746.83 594.75 1,509.00 1,509.00 1,700.00 2, 230.20 3,450.00 4,954.00 626.38 626.38 65,561.20 25,521.70 92,362.99 87,691.32 4, 671.67 38,024.83 81,074.87 Special Assessment Fund 45 City of Hopkins, Minnesota Special Assessment Fund Balance Sheet December 31, 1964 Pg No Assets 70 Treasurer' s cash $ 41,934.02 Funds in hands of fiscal agents * 21,578.00 71 Investments 59,535.00 48 Assessments receivable 97,090.41 73 Due from P.I.R. fund 219.09 Total assets 220,356.52 Liabilities, Reserves, and Surplus Matured bonds and interest * 21,578.00 73 Due to sewer fund 3,750.00 _ 49 Bonds payable 23,000.00 49 Interest payable 3,384.00 46 Surplus - unappropriated 168,644.52 Total liabilities, reserves, and surplus 220,356.52 * The account - funds in hands of fiscal agents, represented by matured municipal bonds and interest coupons not received from fiscal agents at December 31, 1964, is offset by the account - matured bonds and interest. 46 City of Hopkins, Minnesota Special Assessments Fund Analysis of Changes in Surplus December 31, 1964 Pg No Balance - December 31, 1963 $149, 217.97 Additions: 47 Revenues $34,905.90 77 Payment on bonds 22, 156.00 Increase future taxes receivable to agree with Hennepin County Auditor' s records 18,370.24 75,432.14 224,650.11 Deductions: 47 Expenditures 22, 191.00 1963 special assessments not collected in 1964 797.70 Interest cancelled on prepayments 1,316.72 Applied to assessments receivable 31,700.17 56, 005.59 45 Balance - December 31, 1964 168,644.52 47 City of Hopkins, Minnesota Special Assessment Fund Operating Statement For the year ended December 31, 1964 statement of Revenues Pg Actual - No Revenues Tax collections - current $27,959.84 - delinquent 386.80 $28,346.64 Direct collection by the City 3,740.33 Interest on investments 2,818.93 ▪ 46 Total revenues 34,905.90 Statement of Expenditures Expenditures Water bonds (1947) Principal 1,000.00 Interest 96.00 Improvement bonds (1954) Principal 20, 000.00 Interest 1,060.00 Fiscal agent charges 35.00 46 Total expenditures 22, 191.00 48 City of Hopkins, Minnesota Special Assessments Fund Assessments Receivable December 31, 1964 Pg No Balance - December 31, 1963 $112,534.76 Additions: Increase future taxes receivable to agree with Hennepin County Auditor' s records 18,370.24 130,905.00 Deductions: County collections $27,959.84 City collections 3,740.33 Interest cancelled on prepayments 1,316.72 1963 special assessments not collected in 1964 797.70 33,814.59 '- 45 Balance - December 31, 1964 97,090.41 .e. 49 City of Hopkins, Minnesota Special Assessment Fund Bond Maturities December 31, 1964 Water Bonds Improvement Bonds Pg Interest Interest No _ Rate Rate Total Date of issue 11-1-47 6-1-54 Maturity date January 1 December 1 T Bonds payable: 1965 (a) 2.47 $ 2,000.00 2.8% $ 2,000.00 1966 $1,000.00 2.4 2,000.00 2.8 3,000.00 1967 1, 000.00 2.4 2,000.00 2.8 3,000.00 1968 1,000.00 2.4 2,000.00 2.8 3,000.00 1969 2,000.00 2.8 2,000.00 1970 2,000.00 3.0 2,000.00 1971 2,000.00 3.0 2,000.00 1972 2,000.00 3.0 2,000.00 1973 2, 000.00 3.0 2,000.00 1974 2, 000.00 3.0 2,000.00 45 Total bonds payable 3,000.00 20,000.00 23,000.00 Future interest: 1965 36.00 (a) 580.00 616.00 1966 60.00 524.00 584.00 1967 36.00 468.00 504.00 1968 12.00 412.00 424.00 1969 356.00 356.00 1970 300.00 300.00 _ 1971 240.00 240.00 1972 180.00 180.00 1973 120.00 120.00 1974 60.00 60.00 45 Total future interest 144.00 3, 240.00 3,384.00 (a) Payment due January 1, 1965, remitted to fiscal agent in December, 1964. Isms taw law a. inw Bond Retirement Fund 6. V. 50 City of Hopkins, Minnesota tow Bond Retirement Fund Balance Sheet December 31, 1964 Pg No Assets �- 70 Treasurer' s cash $ 42,582.56 Funds in hands of fiscal agents * 17 715.00 71 Investments 20,000.00 71 Accrued interest receivable 449.17 56 Current tax levy 55,870.00 56 Future tax levies 109,400.00 73 Due from other funds 537,356.20 Total assets 783,372.93 ft- Liabilities, Reserves, and Surplus Matured bonds and interest * 17,715.00 56 Bonds payable 600,500.00 56 Interest payable 99, 244.00 30 Reserve for sewer utility fund bond issue 4,747.60 56 Reserve for uncollectible taxes 11,877.20 51 Surplus - unappropriated 49, 289. 13 Total liabilities, reserves, and surplus 783,372.93 * The account - funds in hands of fiscal agents, represented by matured municipal bonds and interest coupons not received from fiscal agents at December 31, 1964, is offset by the account - matured bonds and interest. War s V s 51 City of Hopkins, Minnesota Bond Retirement Fund Analysis of Changes in Surplus December 31, 1964 Pg No -- Balance - December 31, 1963 $44,895. 18 Additions: 52 Net increase per operating statement 4,393.95 50 Balance - December 31, 1964 $49, 289.13 52 City of Hopkins, Minnesota Bond Retirement Fund Operating Statement For the year ended December 31, 1964 Pg No Revenues: Delinquent ad valorem taxes and penalty $ 62.89 Interest on investments 1,985.92 Total current revenue 2,048.81 Expenditures: Fiscal agent charges 151.36 Net current revenue $ 1,897.45 Additions: 1963 tax levy collectible in 1964 57,408.00 Less: Amount uncollected in 1964 696.50 Current tax settlement 56,711.50 Total Net Receipts 58,608.95 Amounts Expended in 1964 for Bond and Interest Retirement: Date Principal Interest Total Water Bonds 3-1-45 $ 2,500.00 $ 60.00 $ 2,560.00 Storm Sewer 9-1-53 20,000.00 280.00 20, 280.00 Permanent Improvement: 12-1-55 25,000.00 2, 250.00 27, 250.00 6-1-57 20,000.00 4,390.00 24,390.00 9-1-58 12, 000.00 1,968.00 (1)13,968.00 4-1-64 - 9,600.00 (2) 9,600.00 Totals 79,500.00 18,548.00 98,048.00 Less: Paid from current funds 20, 265.00 sewer utility fund (1) 13,968.00 permanent improvement fund (2) 9,600.00 43,833.00 Net amount expended for debt retirement 54, 215.00 51 Net Increase to Surplus 4,393.95 -53- — City of Hopkins, Minnesota Bond Retirement Fund General Obligation Bonds December 31, 1964 "" Pg No Date of Issue — Maturity Date Interest Rate -" 55 Total general obligation bonds payable 54 Total future interest payable on general obligation bonds Reserve for uncollectible taxes on general obligation bonds: Total reserve for uncollectible taxes on general obligation bonds — Total Bonds, Interest and Reserve Funds provided to retire general obligation bonds: - By tax levies collectible in — Total tax levies To be obtained from: Bond Retirement Current Funds _ Permanent Improvement Revolving Fund Total Funds Provided to Retire General Obligation Bonds _ -- -53- - - Permanent Improvement Revolving Fund Water Total Bonds Total 12-1-55 6-1-57 4-1-64 3-1-45 December 1 June 1 April 1 January 1 3% 3.7-4.1% 3.2% 1.2% $50, 000.00 $100,000.00 $400,000.00 $550,000.00 $2,500.00 $552,500.00 — 2, 250.00 10, 210.00 82,710.00 95, 170.00 30.00 95, 200.00 52, 250.00 110, 210.00 482,710.00 645, 170.00 2,530.00 647,700.00 1965 1,400.00 1,650.00 3,050.00 125.00 3, 175.00 1966 1,350.00 1,630.00 2,980.00 2,980.00 1967 1,550.00 1,550.00 1,550.00 1968 1,570.00 1,570.00 1,570.00 2,750.00 6,400.00 9, 150.00 125.00 9, 275.00 55,000.00 116,610.00 482,710.00 654,320.00 2,655.00 656,975.00 1965 27,900.00 25,300.00 53,200.00 2,670.00 55,870.00 1966 27, 100.00 24,500.00 51,600.00 51,600.00 1967 23,600.00 23,600.00 23,600.00 1968 22,800.00 22,800.00 22,800.00 1969 11,400.00 11,400.00 11,400.00 55,000.00 107,600.00 162,600.00 2,670.00 165, 270.00 9,010.00 9,010.00 (15.00) 8,995.00 482,710.00 482,710.00 482,710.00 55,000.00 116,610.00 482,710.00 654,320.00 2, 655.00 656,975.00 -54- City of Hopkins, Minnesota Bond Retirement Fund General Obligation Bonds December 31, 1964 Pg Permanent No Date of Issue 12-1-55 Maturity Date December 1 Interest Rate 3% ... 0 Future interest on general obligation bonds: 1965 $ 1,500.00 1966 750.00 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 _ 1977 1978 1979 1980 1981 1982 1983 1984 53 Total Future Interest on General Obligation Bonds 2, 250.00 (a) Payment due January 1, 1965, remitted to fiscal agent in December, 1964. IL -54- Improvement Revolving Fund Water Total Bonds Total 6-1-57 4-1-64 3-1-45 June 1 April 1 January 1 3.7-4.1% 3.2% 1.2% $ 3,650.00 $ 10,810.00 $ 15,960.00(a) $ 15.00 $ 15,975.00 2, 870.00 9,965.00 13,585.00 15.00 13, 600.00 -- 2,050.00 9,055.00 11, 105.00 11, 105.00 1, 230.00 8, 145.00 9,375.00 9,375.00 410.00 7, 235.00 7, 645.00 7,645.00 6,325.00 6,325.00 6, 325.00 5,580.00 5,580.00 5,580.00 5, 000.00 5,000.00 5, 000.00 4,420.00 4,420.00 4,420.00 3, 840.00 3, 840.00 3, 840.00 3,260.00 3, 260.00 3, 260.00 2, 660.00 2,660.00 2,660.00 .- 2,040.00 2,040.00 2, 040.00 1,420.00 1,420.00 1,420.00 955.00 955.00 955.00 720.00 720.00 720.00 560.00 560.00 560.00 400.00 400.00 400.00 240.00 240.00 240.00 80.00 80.00 80.00 10, 210.00 82,710.00 95, 170.00 30.00 95, 200.00 ... -55- City of Hopkins, Minnesota -' Bond Retirement Fund General Obligation Bonds — December 31, 1964 Pg Permanent No Date of Issue 12- 1-55 — Maturity Date December 1 Interest Rate 3% General obligation bonds payable: 1965 $25,000.00 — 1966 25,000.00 1967 1968 1969 — 1970 1971 1972 — 1973 1974 1975 1976 1977 1978 1979 — 1980 1981 1982 _ 1983 1984 53 Total General Obligation Bonds Payable 50,000.00 (a) Payment due January 1, 1965, remitted to fiscal agent in December, 1964. -55- Improvement Revolving Fund Water Total Bonds Total — 6-1-57 4-1-64 3-1-45 June 1 April 1 January 1 -- 3.7-4.1% 3.2% 1.2% $ 20,000.00 $ 30, 000.00 $ 75,000.00 (a) $ 75,000.00 -' 20,000.00 35,000.00 80,000.00 $2,500.00 82,500.00 20,000.00 35,000.00 55,000.00 55,000.00 20,000.00 35,000.00 55,000.00 55,000.00 20,000.00 35,000.00 55,000.00 55,000.00 35,000.00 35,000.00 35,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 -- 20,000.00 20,000.00 20,000,00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 — 20,000.00 20,000.00 20, 000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00 _ 10,000.00 10, 000.00 10,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5, 000.00 5,000.00 5, 000.00 5, 000.00 5, 000.00 5, 000.00 5,000.00 5,000.00 100,000.00 400,000.00 550,000.00 2,500.00 552,500.00 56 City of Hopkins, Minnesota Bond Retirement Fund Revenue Bonds - Bond and Interest Summary December 31, 1964 Pg No Sewer Utility Revenue Bonds Date of Issue: 9-1-58 Maturity Date: December 1 Interest Bonds Future Rate Payable Interest Reserve(a) Total 1965 3.10% $ 12,000.00 $ 1,596,00 $ 679.80 $ 14,275.80 1966 3.40 12,000.00 1, 224.00 661.20 13,885.20 1967 3.40 12,000.00 816.00 640.80 13,456.80 1968 3.40 12,000.00 408.00 620.40 13,028.40 Totals 48, 000.00 4,044.00 2,602.20 54, 646.20 (a) Reserve deposited with Bond Retirement Fund by Sewer Utility. Summary - Bond Retirement Fund Bonds Future Payable Interest Reserve Total Tax Levy Issues 552,500.00 95,200.00 9,275.00 656,975.00 Revenue Issue 48,000.00 4,044.00 2,602.20 54,646.20 50 Totals 600,500.00 99, 244.00 11,877.20 711,621.20 Tax Levies Certified to County Auditor 165,270.00 Less: Due on current collections 55,870.00 50 Collections - Future Years 109,400.00 Capital Fund 57 City of Hopkins, Minnesota Capital Fund Balance Sheet December 31, 1964 Pg No Assets 60 Land $ 528,705.49 60 Buildings 144,726.55 63 Vehicles 269,990.97 61 Equipment 226,351.55 64 Other improvements 2, 107,669.52 Total assets 3,277,444.08 Liabilities and Surplus 59 Surplus - invested in fixed assets 3, 277,444.08 Total liabilities and surplus 3, 277,444.08 1 58 City of Hopkins, Minnesota Capital Fund Analysis of Changes in Surplus December 31, 1964 Balance - December 31, 1963 $3, 100,692.51 Additions: Surplus - unappropriated: General Office: Photocopier $ 225.00 Police: Postindex Model 8 file $ 136.50 Used Siren 66.00 (2) 1964 Chevrolets 2,933.42 (6) Revolvers 207.80 Radio Console (5/12) 1,000.00 4,343.72 Fire: Resuscitator 325.00 Radio Console (5/12) 1,000.00 Inter-Com system 186.50 1,511.50 Finance: Underwood-Olivetti typewriter 418.00 Street: Sign machine 333.25 Grader snow gate 750.00 1964 Chevrolet Pickup 1,666.11 Wayne sweeper 10, 036.00 Swenson spreader 470.00 Fence - Shop area 1,356.96 14,612.32 Library: Desk 19.50 Chair - donated 53.00 Clothes rack 23.40 Display panel - donated 71.99 Book truck 49.50 Ditto machine 275.00 Shelving 377.20 Plaque - donated 2.03 871.62 Parks: Buildings: Interlachen Park building 5,309.00 Land improvements: Central Park 9,359.75 Burnes Park 217.25 9,577.00 Vehicles: 1959 Ford - transferred 677.00 Equipment: (2) Stoves 93.33 (2) Lawn spreaders 47.63 Toro Lawnmower 118.99 110 Volt Generator 119.40 Boat 284.00 P. A. System 125.00 788.35 16,351.35 59 City of Hopkins, Minnesota Capital Fund Analysis of Changes in Surplus December 31, 1964 Pg No Balance (brought forward) $3, 100,692.51 Additions: (continued) Surplus (continued) Fence - Landfill area $ 2, 122.22 Land - Feltl properties $112,900.00 - James Lawrence - downpayment 50.00 112,950.00 Special Assessments: Blacktop 18,962,68 Streets 7,363.25 Sidewalks 3,717.07 Driveways 164.97 Curb and gutters 4,836.18 35,044.15 188,449.88 Prior years depreciation allowance charged back 4, 182.39 3, 293,324.78 Deductions: 1963 Chevrolets (2) 4,855.70 1952 Ford 1/2 Ton 170.00 Elgin sweeper 10,355.00 _ 1952 Chevrolet Pickup 500.00 15,880.70 57 Balance - December 31, 1964 3,277,444.08 60 City of Hopkins, Minnesota Capital Assets December 31, 1964 — Pg Balance Elimi- Balance No 12-31-63 Additions nations 12-31-64 Land: City Hall site $ 23,000.00 $ $ $ 23,000.00 Garage, Shop and Warehouse site 15, 000.00 15,000.00 Gravel Pit 7,887.50 7,887.50 Parking lots 74,067.70 74,067.70 Parks and playgrounds 122,509.58 9,577.00 132,086.58 Right of Ways 76,424.71 76,424.71 Land fill property 115,072.22 115,072.22 Fairgrounds drainage system 4, 166.78 4, 166.78 Fairgrounds land 81,000.00 81,000.00 57 Total Land 404,056.27 124,649.22 528,705.49 Buildings: City hall, fire — department and jail 73,000.00 73,000.00 Library 19,000.00 19,000.00 Garages 18,400.00 18,400.00 Parks and playgrounds 20,017.55 5,309.00 25,326.55 Fairgrounds - #1 2,000.00 2,000.00 #2 4, 000.00 4,000.00 #3 1,000.00 1,000.00 — #4 2,000.00 2,000.00 57 Total Buildings 139,417.55 5,309.00 144,726.55 Furniture and Equipment: City hall 30,827.50 643.00 31,470.50 Library 26,455.01 871.62 27,326.63 Police 6,362.23 1,410.30 7,772.53 Street: Concrete mixer 533.20 533. 20 Backfill tamper 206.00 206.00 Used pulvi mixer 450.00 450.00 Steam cleaner 100.00 100.00 Dragline bucket 489.13 489.13 Snow plow blades 217.69 217.69 Wire gutter broom 447.50 447.50 Elec. magic steam cleaner 356.00 356.00 — Chain saw 263.66 263.66 Crow luber 264.95 264.95 Sioux impact wrench 325.00 325.00 Frost breaker 175.00 175.00 Swenson self-feeding spreader 464.00 464.00 61 City of Hopkins, Minnesota Capital Assets December 31, 1964 • Pg Balance Elimi- Balance No 12-31-63 Additions nations 12-31-64 Furniture and Equipment(cont'd) - Street (cont'd) Rosco Vibrapac roller $ 1,975.00 $ $ $ 1,975.00 Cleanmaster 175.00 175.00 Speed-O-Matic changer 50.00 50.00 Sign machine 333.25 333.25 Grader snow gate 750.00 750.00 Wayne sweeper 10,036.00 10,036.00 Swenson spreader 470.00 470.00 Fence - shop area 1,356.96 1,356.96 8 1/2' Swenson spreader 470.46 470.46 - Snow plows (2) 1,938.00 1,938.00 Electric chain saw 130.50 130.50 Kel tune master 254.50 254.50 Air compressor 5 H.P. 499.00 499.00 Cub tractor 1,650.00 1,650.00 Other 31,046.97 31,046.97 Office equipment 516.84 516.84 '- Fire Department 22,624.63 1,511.50 24, 136.13 Parks and Playgrounds 52,007.73 621.73 52,629.46 Recreation 3,653. 19 3,653. 19 Stores: Fuel oil pump 135.00 135.00 Industrial pump361. 19 361. 19 Aerial maps 13,743.00 13,743.00 Engineering 4, 201.97 4, 201.97 Beach Concession 2,769.44 2,769.44 Civil Defense 2,067.61 2,067.61 Weed Control 140.29 140.29 Total Furniture • 57 and Equipment 208,347.19 18,004.36 226,351.55 Vehicles: Police Department: 1953 Motorcycle 695.00 695.00 1963 Chevrolets(2) 4,855.70 4,855.70 1964 Chevrolets(2) 2,933.42 2,933.42 -- Fire Department: 1941 LaFrance Fire Truck 5,995.00 5,995.00 1941 Buffalo Fire Truck 9,963.64 9,963.64 _ 1952 Mack Fire Truck 16,500.00 16,500.00 1932 Pirsch Pumper 900.00 900.00 1958 Rescue Truck and Body 9,375.53 9, 375.53 1963 Pirsch Pumper 27,940.00 27,940.00 Sanitation Department: 1957 Ford Chassis w/Body(Tfr) 7,597.00 7,597.00 1961 Chevrolet Truck 10, 176.00 10, 176.00 1964 Chevrolet Truck w/16 Yard Refuse Collection Unit 11,789.95 11,789.95 62 City of Hopkins, Minnesota Capital Assets December 31, 1964 - Balance Elimi- Balance 12-31-63 Additions nations 12-31-64 Vehicles: (continued) Engineering Department: 1962 Falcon Bus w/Flasher $ 1,976.63 $ $ $ 1,976.63 Recreation: Tractor Mower 486.45 486.45 Trailer sprayer 163.35 163.35 Parks: - Rotary mower 89.95 89.95 Wayne loader 125.00 125.00 Snow sweeping broom 1, 163.50 1, 163.50 Model F Tractor 4,663.40 4,663.40 Tractor accessories 202.37 202.37 Lawn mowers (3) 200.00 118.99 318.99 Lawn spreader 47.63 47.63 - Gravely Sno-Blower 197.17 197.17 1952 Ford 1/2 Ton 170.00 170.00 1961 Chevrolet 3/4 Ton 4,693.95 4,693.95 1959 Ford - transferred 677.00 677.00 4-Wheel trailer 150.00 150.00 Street Department: 1942 Mack Tank Truck 495.00 495.00 Mpls.Moline "R" Tractor 2, 169.50 2, 169.50 Mpls.Moline "U" Tractor 5,557.50 5,557.50 1948 Cat. Motor Grader 10,809.00 10,809.00 - Huber 5-8 Ton Roller 5,034.26 5,034.26 Caterpillar Tractor shovel loader 23,324.47 23,324.47 Elgin sweeper 10,355.00 10,355.00 Trailer 200.00 200.00 1952 Chevrolet Truck 579.45 579.45 Snow loader 1,550.00 1,550.00 1952 Chevrolet Pickup (Tfr) 500.00 500.00 Cat. Diesel Motor Grader 11, 241.00 11,241.00 Truck carrier and - trailer axle wheels 574.00 574.00 Tarco salt spreader and electric starter 573.60 573.60 Trailer 510.00 510.00 9-wheel roller 729.20 729.20 63 — City of Hopkins, Minnesota Capital Assets December 31, 1964 Pg Balance Elimi- Balance No 12-31-63 Additions nations 12-31-64 Vehicles: (continued) Street Department (continued) 1953 Dodge dump truck $ 2,225.50 $ $ $ 2, 225.50 Cub tractor hyd. system, 1 blade 600.00 600.00 Rotary mower 310.00 310.00 — Sherman loader and material bucket 1,800.00 1,800.00 1951 Ford dump truck 1,420.00 1,420.00 ..- A-W Pickup street cleaner 10,548.00 10,548 .00 1957 International ' dump truck 4,716.66 4,716.66 1957 International dump truck 4,716.67 4, 716.67 Lorraine moto loader 18,500.00 18,500.00 1959 Ford F-100 1,474.95 474.95 .- Swenson spreader 444.00 444.00 1961 Chevrolet truck 12,324.05 12 324.05 1961 Chevrolet truck 12,324.05 12,324.05 1961 Chevrolet pickup 2,540.00 2,540.00 1964 Ford Truck w/ snow plow 10,490.07 10,490.07 1964 Chevrolet pickup 1,666,11 * 1,666.11 Administrative: Valiant 1,723.00 1,723.00 _ 57 Total Vehicles 280,428.52 5,443.15 15,880.70 269,990.97 — * Cost does not include allowance for vehicles traded in. 64 City of Hopkins, Minnesota Capital Assets December 31, 1964 Pg Balance Elimi- Balance No 12-31-63 Additions nations 12-31-64 Other Improvements: Streets, alleys, and sidewalks $1,353,031.06 $ 35,044.15 $ $1,388,075.21 Street lights 116, 145.47 116, 145.47 Parking meters 23,073.15 23,073.15 Parking meters - municipal lots 842.80 842.80 Sign lights 16,400.00 16,400.00 Parking lots 222,079.44 222,079.44 Storm sewers 306,844.01 306,844.01 Traffic signals 15,263.19 15,263.19 Parks 17,300.47 17,300.47 Sanitary sewers 1,645.78 1,645.78 Total Other Improvements 2,072,625.37 35,044.15 2, 107,669.52 57 Grand Totals 3,104,874.90 188,449.88 15,880.70 3,277,444.08 Building Fund 65 City of Hopkins, Minnesota Building Fund Balance Sheet December 31, 1964 Pg No Assets Land and land improvements $137, 187.98 66 Equipment 13,929.45 68 Work in progress - building 554,048.71 66 Surplus - unappropriated (deficit) 188,556.76 Total assets 893,722.90 Liabilities, Reserves, and Surplus 70 Treasurer' s cash (deficit) 127,910.70 Vouchers payable 13,466. 11 Retained percentages payable 30,000.84 73 Due to general fund 9,854.02 68 Reserve for encumbrances 7,325.09 66 Surplus - invested in fixed assets 705, 166.14 Total liabilities, reserves, and surplus 893,722.90 66 City of Hopkins, Minnesota Building Fund Analysis of Surplus December 31, 1964 Pg No Surplus - Unappropriated Balance - December 31, 1963 $ 392.48 Additions: 67 Revenues $ 3, 284.00 Proceeds from sale of bonds 400,373.34 403,657.34 404,049.82 Deductions: 67 Expenditures 5,076.54 68 Construction costs - current year $534,318.76 68 - encumbrances 7,325.09 541,643.85 Surplus - invested in fixed assets 45,886. 19 592,606.58 Balance - December 31, 1964 (deficit) (188,556.76) Surplus - Invested in Fixed Assets 65 Balance - December 31, 1963 123 644.53 Additions: Land improvements: Parking lot and street lighting 9,895. 12 Curb and gutters 7,444.87 Landscaping and sod 2,587.24 Blacktopping 3, 195.26 23, 122.49 Equipment: Furniture 12,456.08 Steel files 583.32 Projector 135.00 Vacuum cleaner 250.00 Shelving 349.94 65 Other 155.11 13,929.45 68 Work in progress 554,048.71 Less: Work in progress - prior years 21,297.00 532,751.71 Decrease in accounts payable 11,717.96 581,521.61 65 Balance - December 31, 1964 705, 166.14 67 MM. City of Hopkins, Minnesota Building Fund Operating Statement For the year ended December 31, 1964 Pg No Statement of Revenues Income from investments $3, 215.85 Sale of used equipment 68. 15 66 Total revenues $3, 284.00 Statement of Expenditures General expenses: Municipal finance: Consultants fees 3,600.00 Bond opinion 450.00 Moving expenses 489.25 Signs 329.47 Photos 90.00 Other 117.82 66 Total expenditures 5,076.54 Umw 68 City of Hopkins, Minnesota Building Fund Construction Costs December 31, 1964 Expenditures Total To Current Construction Encum- Contracts 12-31-63 Year In Progress brances General-Dean L. Witcher, Inc. $375,570.00 $ $373,627.00 $373, 627.00 $1,943.00 Electrical-Reliable Electric Co. 50,047.00 46,312.93 46,312.93 3, 734.07 Mechanical - Thomas Air Conditioning 102,908.05 102,410.00 102,410.00 498.05 Architect - Lang, Raugland and Brunet, Inc. 33,493.80 20,455.00 11,888.83 30,776.78 1, 149.97 Architect Expenses 765.00 765.00 Bid Notices 77.00 77.00 Twin City Testing 80.00 80.00 Totals * 562,018.85 21,297.00 534,318.76 554,048.71 7,325.09 *Contract amount 12-31-63 $559, 703.32 Add: 1964 change orders 2,315.53 New Contract Amount 562,018.85 Supplementary Statements -69- City of Hopkins, Minnesota Combined Balance Sheet - By Funds December 31, 1964 General Fund General Beach Assets Revenue Parking Concession Treasurer' s cash $ (60,435.95) $523.69 $7, 230.80 Petty cash 553.61 Funds in hands of fiscal agents Investments 326, 220.00 Accounts receivable 4,034.78 Accrued interest receivable 1,666.66 Municipal state aid fund 196,540.58 Special assessments receivable '- Current tax levy 590,964.00 Future tax levy Due from other funds 9,854.02 Due from bond retirement fund Claims in process 456.31 Provision for debt retirement 151,068.33 To be assessed Projects to be authorized Inventories 12,688.02 Prepaid expenses 1,923.58 Work in process Fixed assets Total Assets 1, 235,533.94 523.69 7,230.80 Liabilities, Reserves and Surplus Vouchers payable 22 285.16 Funds in escrow 1,034.97 Contracts payable 151,068.33 Retained percentages Matured bonds and interest Due to other funds Projects authorized Prepaid revenues 28,645.00 Bonds payable Future interest Reserve for depreciation Reserve for current tax levy 590,964.00 Reserve for uncollectible taxes _ Reserve for sewer utility issue Reserve for municipal state aid fund 196,540.58 Reserve for encumbrances 65,745.00 Fund balance Surplus - unappropriated 179,250.90 523.69 7,230.80 Surplus - invested in fixed assets Total Liabilities, Reserves, and Surplus 1, 235.533.94 523.69 7, 230.80 .. in N F ~ U Wr Co O+b W V, iv - kJ, +O 1,-3 V U I •O W V O+ W 00 ON W 1-, N O U co V O O+F O CO O+CO 0 r r I-• in V +O 1-. N N F U V O+Q+ N U ^ A Co O U F CO 0 V 0,LC r F O O+ NT NF CO riG Co v0 r Ln La V v0 a, La Ln CO 0 1....1 t U'W aD0 r C .•C 0 N W +O V C'O'+V 1---0r .0 F'•f0 C' •N U UO O W d 4 M v Co U V O OO r 0 0 V V U F 1- N O.O O W F+ v N N '+ La 0 W O+ N .-' U. 0 U +O UO +p W r W N O N La FU 0 Iri. Co U Na 1" T N 0 O+I.1 Co v W F'O W IC 1-' 2 N O+ +O N 0 O+N V O .-- 0 W F U' V O++O Na +O Ih•- C 0 I-. .O 0 V b rob -J O Y• OI Ln N CA O U O N U In 0 UN 0 N V d R At U N CO 1-'00 00 V Co V, UO 0 O W 0 00 - Olx,00 W a v +O • I-, 1 F OD • CO W W F r COln CO V`p N W CO W l/1 CO KJ DO+U 1N-' IC LA rnp opo CO wCr OJ F • 0 00 0 U' +O U 0 O`0 v F F v 0:~ U 00 F-s.0 +O 0 F tvnF VWi COO`V r W P.• ' . O 0 COV+O U r co 0'J +O O+O+N O W N U O.U p U., N I-+ N O N i? 0 00 N INP. U O O W W W 0 N r IJIU' O+ W O V U v • • I-, CO.0T F CO 0 U V U N O U U C W C, F O 0 Co 0, .-C SO W V U'W• O m Y• N N 0 0 0 0 N 0 .F+ 0 0 0 O.El 1-.O O N n V W 400 0 F.r +p0 1'-' V U •C' r` t0O VCO W 0 U Z W N V Co N U .v-J W C'U O V N R N +O v CO F v r 0 W W F Q O r C C•CO V V r 0 In V U 0 v F 0 V In C M O 1-- a,Iv 00 iv O•00 +D OU N 0.0 d W W 0 0 0 0 0 +O • .„ m 0 W 0 0 0 v O O 0+ W W W W N N N V V N N CI v vv IC.0 r • F -4, 0.R F F F .w- Co Co 0 0 V1 v 1- V 0 00 v b O W V 1-- r V N C Iy I"'C' W CO 0 F N 1-,0 0 U' U' Fn 0 Os U 1- r 7 O.O+O+ U' F O a, U V OD 0 F V F F v 0 ON F I-. F W I-. 0 Oa0 0 .-, O 0' in 0 0 •O 0 U 07 U O+ +O U U O+-N co .U+ so N W V+0 I-.+O 0 0`0 NCO U'U W U F N Co U U0 F U U 1-+U U t t,.,-3 .U+ ,....,W+OO W O+r`000 Wy OOh+ V W I-- .+N 1-+ 1,N 1—,'C U1-11-+ FI-+SO O+'y0 p.U'O+V O • RN U000U V COC'C'FU O.O..F+O+O0U N V O+O OOry Hr OOOOO TO+Oo FO+N I. NO V FF V a+O++OOr V V FO WO`NCOO LsN U'V V O+O F V O W N r V F U U rO+ ObOOOVVFWN0 U r+O V O CO F U O+ Ls“W O+Ur CO O+V+OO F0Lo OO+v La Lo W N W oOUO+NOU 000co W O N+O+O W I-. I UU F OCO W W O+W O O W N+O+OO`0O+V .'0+0Co000 W o0 p.1.'O+OO�I_ W +00000+Ov W_01-.00 W W OOOOO_r 70 City of Hopkins, Minnesota Treasurer' s Cash Balance December 31, 1964 Balance Add: Less: Pg Per Bank N.S.F. Outstanding Balance No Statement Check Checks Per Books First National Bank General Fund $ 8, 198.41 $ 9.00 $ 86,573.00 $(78,365.59) First National Bank Payroll Account 7,787.36 7, 287.36 500.00 N.W. National Bank Special Assessment) 41,934.02 Bond Retirement ) 23,568.90 66,963.02 42,582.56 Building Fund ) (127,910.70) Totals 39,554.67 * 9.00 160,823.38 (121,259.71) * October 12, 1964 N.S.F. Check - Duane Anderson Summary General Fund: General Revenue (60,935.95) 1 Payroll 500.00 (60,435.95) 1 Parking 523.69 1 Beach concession 7,230.80 (52,681.46) Service Utilities: 22 Water (28,443.23) 30 Sewer (997.23) (29,440.46) 38 Permanent Improvement Revolving Fund 4, 256.33 -- 50 Bond Retirement Fund 42,582.56 45 Special Assessment Fund 41,934.02 65 Building Fund (127,910.70) Total - as above (121,259.71) • L.: -71- City of Hopkins, Minnesota Statement of Investments '- December 31, 1964 Date Maturity _. Acquired Date Rate General Fund: U. S. Treasury Bills 9-17-64 3-18-65 3.797 U. S. Treasury Bills 11-18-64 10-31-65 3.97 C/D Northwestern National Bank 6- 5-64 6- 5-65 4 C/D Northwestern National Bank 11-18-64 5-18-65 4 — Total General Fund Water Utility Fund: U. S. Treasury Bills 7- 1-64 1-31-65 3.65 U. S. Treasury Bills 7- 1-64 1-31-65 3.65 C/D First National Bank 6-11-64 6-11-65 4 C/D First National Bank 11- 4-64 5- 3-65 4 C/D Northwestern National Bank 8-20-64 2-20-65 4 C/D Northwestern National Bank 8- 1-64 6- 5-65 4 City of Hopkins Revenue Bonds - 1954 1-28-59 6- 1-71 2.9 Total Water Utility Fund Sewer Utility Fund: . U. S. Treasury Bills 7- 1-64 1-31-65 3.65 C/D First National Bank 6-11-64 6-11-65 4 C/D Northwestern National Bank 8-20-64 2-20-65 4 Total Sewer Utility Fund P.I.R. Fund: U. S. Treasury Bills 8-20-64 7-31-65 3.80 U. S. Treasury Bills 9-17-64 3-18-65 3.79 C/D First National Bank 11-18-64 5-18-65 4 C/D Northwestern National Bank 6-5 -64 6- 5-65 4 C/D Northwestern National Bank 8-13-64 2-13-65 4 Total P.I.R. Fund Special Assessment Fund: U. S. Treasury Bills 9-17-64 3-18-65 3.79 Bond Retirement Fund: C/D First National Bank 6- 8-64 2- 8-65 3.85 Total All Funds (1) Includes interest in the amount of $333.33 purchased from the General Fund August 1, 1964. C/D Certificates of Deposit (P) Part of total purchase -71- a- -- Less: 71- aLess: Serial Par Unamortized Book Accrued Numbers Value Discount Value Interest a. 5802485(P) $ 80, 000.00 $ 620.00 $ 79,380.00 $ 349863/4 100,000.00 3, 160.00 96,840.00 1690 50,000.00 50,000.00 1, 166.66 1738 100,000.00 100, 000.00 500.00a. 330,000.00 3,780.00 326, 220.00 1,666.66 11359297/99(P) 10,000.00 29.40 9,970.60 11359297/99(P) 10,000.00 29.40 9,970.60 147 10,000.00 10,000.00 216.00 153 50,000.00 50,000.00 333.33 1718 40,000.00 40,000.00 577.00 1689 50,000.00 50,000.00 1, 166.66 (1) ' 174-186 13,000.00 564.12 12,435.88 31.42 183,000.00 622.92 182,377.08 2,324.41 a. 11359297/99(P) 10,000.00 29.40 9,970.60 a. 147 30,000.00 30,000.00 648.00 1718 10,000.00 10,000.00 147.00 50,000.00 29.40 49,970.60 795.00 299848 50,000.00 1,071.00 48,929.00 5802485(P) 20,000.00 155.00 19,845.00 156 100,000.00 100,000.00 500.00 1692 20,000.00 20,000.00 466,66 1716 30,000.00 30,000,00 450.00 220,000.00 1,226.00 218, 774.00 1,416.66 12194391/6 60,000.00 465.00 59,535.00 - 143 20,000.00 - 20,000.00 449.17 863,000.00 6, 123.32 856,876.68 6,651.90 a- a- a- .. a- 72 City of Hopkins, Minnesota Accounts Receivable December 31, 1964 General revenue fund $ 4,034.78 OW Permanent improvement revolving fund: Earl L. Christensen 57.25 Water fund: Barbarossa & Sons 66.50 ag' Public utilities: Water $6,870. 12 Sewer 4,612. 25 11,482.37 Total 15, 640.90 -73- City of Hopkins, Minnesota Interfund Accounts December 31, 1964 RECEIVABLES General Sewer Special Bond Revenue Utility Assessment Retirement New City Hall Payments $9,854.02 $ $ $ Parkridge Sewer Reimbursement 3,750.00 Sewer Revenue Bonds and Reserve 54,646.20 New Municipal Building 482,710.00 Reclassification of Bank Deposit _ 219.09 Totals 9,854.02 3,750.00 219.09 537,356.20 .73- PAYABLES 73-PAYABLES Sewer Special Building Utility P.I.R. Assessment Fund $ $ $ $9,854.02 3,750.00 54,646.20 482,710.00 219.09 54,646.20 482,929.09 3,750.00 9,854.02 74 City of Hopkins, Minnesota Utility Inventories December 31, 1964 Pg No '-- Water utility: Hydrants $ 814.88 Hydrant parts 1, 262.07 Parts and supplies 3,646.51 Meters and supplies 594.08 22 $6,317.54 Sewer utility: Chemicals 61.40 Other supplies 69.50 -- 30 130.90 Total 6,448.44 75 City of Hopkins, Minnesota Sewer Utility Accounts Payable to City of Minneapolis Sewage Disposal System Costs December 31, 1964 Pg No Installment due December 31: 1965 $ 414.43 1966 319.36 1967 106.49 1968 30.29 30 Total $ 870.57 76 City of Hopkins, Minnesota General Fund Contracts for Deed Payable December 31, 1964 Pg No Hennepin County Interest Installments Due December 1: Rate Principal Interest Total 1965 3% $ 10,000.00 $ 1, 200.00 $ 11, 200.00 1966 10,000.00 900.00 10,900.00 1967 10,000.00 600.00 10,600.00 1968 10, 000.00 300.00 10,300.00 Totals - Hennepin County 40,000.00 3, 000.00 43,000.00 Joseph F. and Margaret K. Feltl 32 60,000.00 9, 275 .00 69, 275.00 (annual payments of $7,500.00 to commence 4/15/65) Raymond M. and Genemine Feltl, Martin and Rose Feltl 32 35,200.00 3,593.33 38,793.33 (annual payments of $7,040.00 to commence 4/15/65) 1 Totals - All Contracts 135, 200.00 15,868.33 151,068.33 -77- City 77-City of Hopkins, Minnesota Bonded Indebtedness - All Funds December 31, 1964 Issue Interest Date Rate GENERAL OBLIGATION BONDS: _ P.I.R. Fund 4-1-64 3.2% P.I.R. Fund 12-1-55 3.0 P.I.R. Fund 6-1-57 3.7 4.1 Total P.I.R. Bonds Water 3-1-45 1.2 Storm Sewer 9-1-53 2.8 P.I.R. Sewerage System Revenue (b) 9-1-58 3.1 3.4 Total General Obligation Bonds SPECIAL ASSESSMENT FUNDS: Water 11-1-47 2.4 Improvement Bonds 6-1-54 2.4 2.8 3.0 Total Special Assessment Funds WATER REVENUE: Water Utility 6-1-54 2.5 2.9 3.0 Water Utility 6-1-57 4.0 4.3 4.5 Total Water Revenue SEWER SYSTEM REVENUE: Sewerage System Revenue 12-1-45 2.25 �- Total All Funds (a) January 1, 1965 payment forwarded to �. fiscal agent in December, 1964. (b) Issue of 1958 payable through Bond —' Retirement Fund from Sewer Revenue. _77- Interest _ Balance Issued Paid Balance Paid 1- 1-64 1964 1964 12-31-64 1964 $ $400,000.00 $ $400, 000.00 $ 9,600.00 75,000.00 25,000.00 50,000.00 2,250.00 40,000.00 20,000.00 20,000.00 1, 110.00 80,000.00 80,000.00 3, 280.00 195, 000.00 400,000.00 45,000.00 550,000.00 16, 240.00 5, 000.00 (a) 2,500.00 2,500.00 60.00 20,000.00 20, 000.00 280.00 24,000.00 12,000.00 12, 000.00 744.00 36, 000.00 36, 000.00 1, 224.00 280, 000.00 400, 000.00 79,500.00 600,500.00 18,548.00 4, 000.00 (a) 1,000.00 3, 000.00 96.00 — 20,000.00 20, 000.00 480.00 10, 000.00 10, 000.00 280.00 10, 000.00 10, 000.00 300.00 44,000.00 21,000.00 23, 000.00 1, 156.00 22, 000.00 10, 000.00 12, 000.00 425.00 87,000.00 87, 000.00 2,523.00 26,000.00 26,000.00 780.00 _ 30,000.00 10, 000.00 20, 000.00 1,000.00 40, 000.00 40,000.00 1,720.00 80, 000.00 80,000.00 3, 600.00 285,000.00 20,000.00 265,000.00 10, 048.00 26, 000.00 13, 000.00 13,000.00 585.00 635,000.00 400, 000.00 133,500.00 901,500.00 30,337.00 -78- 90% Co-Insurance Premium Description Buildings Contents _ $1, 261.00 Fire and Extended Coverage; V. & M. M. 723 Excelsior Avenue $ 70,000.00 $ 30,000.00 120 9th Avenue South, 22 story building 10,000.00 5,000.00 120 9th Avenue South, 1 story building 80,000.00 Block 26, end of 9th Ave. So. 20,000.00 25,000.00 Monk Ave. and 2nd Street North 18,000.00 35,000.00 30 - 13th Ave. North, Jr. High warming house 1,000.00 119 Monroe South, Harley Hopkins 1,000.00 307 Second Street North, Burnes Park 1, 000.00 6600 Excelsior Blvd. 3,000.00 22,000.00 Contents in shaft below level of ground at 6600 Excelsior Blvd. 8,000.00 11th Ave. South and 2nd Street South 2,000.00 6,000.00 643 - 7th Ave. South 3,000.00 4,000.00 Lot 7, Souba' s Addn., 1 story concrete block 23, 000.00 30,000.00 Lot 7, Souba' s Addn., 1 story fire resistive 23,000.00 58,000.00 Lot 18, Auditor' s Sub. 239 41,000.00 SZ Shady Oak Addn. 1,000.00 500.00 S3 Shady Oak Addn. 1,000.00 250.00 _ SZ Shady Oak Addn. 700.00 Lots 4 and 5, Block 3, Shady Oak Addn. 3,500.00 Hennepin County Fairgrounds, 1 story brick frame 15,000.00 2,000.00 Hennepin County Fairgrounds, 1 story frame 30, 000.00 4,000.00 Hennepin County Fairgrounds, 1 story frame 3,900.00 3,000.00 Hennepin County Fairgrounds, 1 story brick 18, 000.00 25 - 9th Ave. North 105,000.00 _ 11 - 10th Ave. South 2,000.00 1010 1st Street South 528,000.00 42,000.00 220 Homedale Road 5,000.00 902, 100.00 381,750.00 92.00 *Repair shop, 11th Ave. South near 2nd St. 10, 000.00 Basement dwelling, 5129 Dominick Drive 3,500.00 Dwelling 5217 Shady Oak Road 6,000.00 Dwelling 25 Tenth Avenue South 11, 000.00 30,500.00 * 90% co-insurance on Repair Shop only -78- City of Hopkins, Minnesota Insurance in Force December 31, 1964 Latest Policy Endorsement Policy Date Date Term Amount 555137 Fire & Casualty Company 3-3-64 12-1-64 5 Years $1, 155,500.00 of Connecticut 555138 Fire & Casualty Company of Connecticut 3-3-64 3-3-64 5 Years 30,500.00 1�' -79- City of Hopkins, Minnesota Insurance in Force — December 31, 1964 Latest Policy Endorsement Policy Number Carrier Date Date Term GAL 17336190 Great Northern Insurance Co. 4-4-64 10-22-64 1 year 222049 Federated Mutual Implement and 1-1-64 1 year Hardware Insurance Co. 221429 Federated Mutual Implement and 1-10-64 1 year Hardware Insurance Co. -' 83-279 Hartford Steam Boiler Inspection 12-16-64 3 years and Insurance Co. 183-3870 Hartford Steam Boiler Inspection 2-9-64 3 years and Insurance Co. 8966 General Insurance Co. of America 1-1-62 3 years 8967 General Insurance Co. of America 1-1-62 3 years 5083065 Western Surety Co. 8-1-64 2 years 5052613 Western Surety Co. 3-1-64 1 year 6766186 Western Surety Co. 8-1-64 2 years 5083066 Western Surety Co. 8-1-64 2 years 5084162 Western Surety Co. 3-1-64 1 year 5054119 Western Surety Co. 4-26-64 1 year 960200-60 Western Surety Co. 12-13-60 7 years 22NP-4946 Western Surety Co. 10-10-63 7 years 77116647 Great Northern Insurance Co. 9-24-64 1 year (A) Annual Premium -80- Policy Amount Premium Description $3,874.74 Comprehensive Automobile Liability: 100/300M Bodily Injury 50M Property Damage $150.00 Ded. Collision on Police Cars Various Fire, Windstorm and Comprehensive Statutory 9,536.99 Workmen' s Compensation - Employees O. L. & T. Liability: 100/300M 46. 10 Bodily Injury 50M Property Damage Residence - 5217 Shady Oak Road Residence - 5219 Dominic Drive Residence - 25 - 10th Ave. South Building - 11th Ave. So. and County Road #3 250M 299.00 Boiler Explosion - New City Hall Explosion - Tanks for storage of compressed air - New City Hall 150M 375.49 Boiler Explosion - City Hall Air Tank Explosion - City Hall Heating and Cooling Unit - City Hall Boiler Explosion - Public Library $80,000.00 (A) 365.42 Fidelity Bond: City Manager $10,000.00 City Treasurer 40, 000.00 Assistant City Treasurer 25,000.00 Clerk Cashier 5, 000.00 2,500.00 (A) 141.21 Fidelity Bank - Blanket Position Bond Various employees of the City of Hopkins 1,000.00 17.00 Assistant Assessor Bond - Joseph A. Hromadko 1, 000.00 10,00 Deputy Assessor Bond - William R. Thompson 1,000.00 17.00 Assistant Assessor Bond - Arlyn Sala 1,000.00 17.00 Assessor Bond - E. Patrick Dargis 1,000.00 10.00 Deputy Assessor Bond - Roger Sorensen 1,000.00 10.00 Deputy Assessor Bond - Roger W. Peterson 7.00 Notary Public Bond - Clifford R. Peterson 7 .00 Notary Public Bond - Rosalie H. Leary 101.00 0, L. & T. Liability - Street Flower Displays — 100/300M Bodily Injury 50M Property Damage 81 • City of Hopkins, Minnesota Municipal Court Statement of Receipts and Disbursements For the year ended December 31, 1964 Balance - December 31, 1963 $ 1, 200.00 Receipts: Fines, fees, bail, and other 39, 296.00 40,496.00 Expenditures: Transmitted to City Treasurer: City receipts $28,985.85 Fines and fees collected for Hennepin County Treasurer and other municipalities 1,728.00 Refunds 238.00 $30,951.85 Bail returned, forfeited, or applied on fines 9,544.15 40,496.00 Balance - December 31, 1964 NONE 82 City of Hopkins, Minnesota Assessed Valuation - Tax Levy 1960 1961 1962 1963 Assessed Valuation: Real estate $ 8,337,060.00 $ 8,633,020.00 $ 9,636,963.00 $10,003,567.00 Personal property 3,419,384.00 3,216,959.00 3,323,985.00 3,367,746.00 Total Assessed Valuations 11,756,444.00 11,849,979.00 12,960,948.00 13,371,313.00 Mill Rate: Extended in 1960 1961 1962 1963 Collectible in 1961 1962 1963 1964 Tax Levy: _ General fund 529,304.00 523,495.00 535,634.00 567,560.00 Bonds and interest 100,375.00 92,736.00 80,547.00 57,408.00 Totals 629,679.00 616, 231.00 616,181.00 624,968.00 Tax Levy Spread: General fund 523, 161.76 523,295.07 535,546.37 567,879.54 Bonds and interest 100,400.03 92,903.48 80,617.09 57,362.93 Totals 623,561.79 616, 198.55 616,163.46 625, 242.47