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1945 City of Hopkins, MN Annual Financial Report - . • - • „ ' • • • • • . . , • • . • ' • . •• - . • • 1r, FINA1,TCIAL STATEIMITS VILLAGE OF HOPKINS, MINNESOTA December 31, 1945 ALBERT E. LARSEN CERTIFIED PUBLIC ACCOUNTANT 1010 FOSHAY TOWER MINNEAPOLIS VILLAGE OF HOPKIN8, laNNESCYI'A December 31, 1945 --ooOoo-- 1. ' PAGE C OMMENi S. . ... . . ..... • •.*.• .. . ... ..•... .. ! .••• 3 COMPARATIVE BALANCE SHEET. • • •• • .• • •• •,. ••. , .,... 6 CASH RECEIPTS AND D I SBUR SI NTS SUIDLARY. .. . . .. .. BOLDED INDEBTED,rSS. ,,... . ••,. ... .. •*. .. *... .... 9 GEEL-VENUE ViNUE .• •.. 1.1.• 1.• • ••. . .,• • .. •... 11 POLICE FUND.. . . . .•• • • •• • ••••• • •• •••••• •• •• •••••• 12 PARK D • . . • . . . . .. . . . • • • • . ., * . .. 13 MUSIC FUND. .. . . . . .. . . .• ... .• •.•... • .. . .... 14 FIRE DEPART 1.`, s°T PUND. .•. •• • • • ••...... . •• •••..... 15 POOR F'UBD. . 40. 0406 . 0411 *0SOSS10000S•5*S00100+00010,00410 16 LIBRARY . • .,.. . .• 17 GARBAGE COLLECTION FUND. . . . •• . . ... • .... . . . ...... 18 BATHING BEACH ?Ul'D• •.• . • . .• • . . • • . •• . . • • .• ••• •• .• 19 WATER FUND ..••. ., • . . • •• • •,.. .,, , ,• 20 ROAD AND BRITDG PUID. . . , . . . . . . . . . . . . . . ., , •• .. . . 21 S EGIAL ASSESSME T S - BOND AND INTEREST D.. . . 22. SEWAGE DISPOSAL FUND. •• . •.• , • •. • •• 0*• •• • •, .•• s• • 23 .-ooaoo-- ALBERT E. LARSEN CERTIFIED PUBLIC ACCOUNTANT 1010 FOS HAY TOWER MINNEAPOLIS eerie' 30, 1946 Members of the Village Council, Village of hopkins, Minnesota, Gentlemen; pursuant to your request, we have examined the books of account and record of the Village Recorder of the Village of Hopkins, Ainnesotal for the year ended -.Secember 31, 1945 and submit herewith our report, together with the accompanying schedules as indicated on the index shown on the preceeding page. Cash on Deposit aggregating $29050.68 was verified by reconcilement with the banks' statements after giving effect to outstanding warrants net presented for payment as of December 31, 1945. Our exlnation was limited to the checking of the recorded cash receipts and disbursemente and we made no attempt to verify the correctness of the recorded entries by correspondence or otherwise. Se checked all receipts for monies collected and paid t the Village aeoorder ald Village Treasurer. Sioniee collected by the County Treasurer for taxes were checked by reference to remittance forms submitted by the County Auditor. All revorcted caeh receipts were traced to bank depoits. We verified the cash receipts from finesby checking the dockete of Justice of Peace, Mr. ?ole; and found the amounts correct. Cash balances as shown by the Village Treasurer' s books were reconciled with the balances shown by the Village Recorders records. e analysed all claims and all paid vouchers returned by the depository banks. ,ester and sewer Accounts Receivable amounting to 677.63 i as shove by the water department records. The recap nheets of the Water department were thorouesly checked and found to be in good order. The preparation of statements and all other nerds of the water deeextment are being kept by long hand metheds. It seeme to us that methenical equipment should be provided for this deeartment to ease the burden of a great deal of detailed Land work. Our certificate or report upon an audit or examination is delivered to client with the distinct understanding that any advertisement publication or copy therefrom, in full or in part, of such certificate or report shall be in the form to be approved by us. -3. de examined U. J. Bonds, in the ceestody of the Village Treasurer, having a maturity vale of 452,000.00. These bonds are shown on the Balance aheet at cost of$1,080.00. In accordance with a statement dated December 29, 1945 of the Northwestern Eltional Bank of lanneapolis, it held as Trustee 222,000.00 of 2 1/2 % U. S, Treasury Bonds. . These bonds were acquired by the bank from the proceeds of the sale of e247,000.00 Village of Hopkins 2 1/4 % eewer Revenue Bonds. No provision has been made on the accompanying Balance sheet for Special Assesemente levied but not yet paid. The omission is in accordalece with the practice for prior years in not setting up the amounts of apecial Assessments Receivable. leceenditures for Fixed Meets amounting to 307,350.29 are shown by clasuification on the Oomparative ealance Sheet. There is included in this report a schedule of the bonded indebtodnoeo ef the amounting to $367,370.59. ee examined the warrants issued in payment o: bonds redeemed end interest paid. The bond ledger wae eheckoa in detail and found to ee in balance with the bonded indebtedneke schedule include in this report. The maturity dates byysars of outstanding bonds at Jeer 31, 1945 are as follows : 1546 e 30,567.86 1957 ;44,500.0o 1947 33,355.69 1956 14,500.00 1.948 30,497.76 199 15,500.00 1949 23,919.76 1960 15,500.00 1950 22,919.76 1961 15,500.00 1951 22,919.76 1962 15,500.00 1952 20,919.00 1963 15,500.00 1953 18,771.00 19-04 15,500o0 1954 14,500.00 1965 15,500.00 1955 14,500.00 1966 2,500.00 1956 14,500.00 TOTAL BOILLeiD MEBTEDRESS $387,370. 59 The bonded indebtedness of the Village increased in an amount of 4'283,751.13 d4ring tae year ended eiecember 31, 1945 'le shown by the follow. ing suamarys Bonds lssueds eater System improvement Bonds 40 50,000.00 Street Improvement eionds 9,300.00 keewae Disposal Bonds J.6140(.4.400 TOTAL BONDS ISSUED 306,300.00 ieeducts elide on Prior Issues 22,54b,82 4263,751,16 Adds rror in 1944 Audit of Bonds Outstanding .05 NET INCREASE $263,751.23 =========== -4. tie attempted to examine the Fidelity Bonds and Insurance policies but found the filee incomplete and not in good. order. ,e are, therefor , not including an insurance schedule in this report. The First Natienal bank and the eiecurity national lank of hopkine are the designated depositories for the funds of the %Tillage. The collateral security provided by the banks is as follows: FLDaAL RESLRVIE BANK REI 2T NTQA _ 4„ZADVNT First National Bank U. S, Treasury Bonds 13863 420,000.00 U. 6, Treasury ;.;otes 14700 -5.62222.92 ,;7coop.00 Treasur,, eaids 13636 10,00Q.00 U. O. Treasury fonds 14413 10,000.00 2.02922219- TOTAL COLLATERAL SECURITY l'e)0,000.00 =======eee. Additional security in the amount of $10,000,00 is proviaed by the bankes membership in the Federal .0eposit Insurance Corooration, juring t;te year 1945 the 'Tillage made substantial axtentionm to its water and sewer facilities, e pr000sal is now under consiaeration to proviee waye and Tneans for sewage disposal. It is estimatea that the coat of title, project will be approximately ,2'/°;1000.00 lo finance the cost of the sewee disposel eyetem, the lillage has ,20,500.00 in u. 3. lonee which hare et:en earmarked for the project. oe found the financial records of the Vile Aecoreer ene* Village -7reaeurer te have been kept in an orderly manner. Yours truly, Certified Public Accouatant. -5.. • ' i11: B ' -...i:1.-0: _ , H. K VILLAGE OF HOPKINS - MINNESOTA ==================================m1================================================= • • ,, li?L;,,,cT4R 3,4„4„. , INCREASE 194'5 3.944 ============= ============= =====================-------=-----==—======sommitsvimmummo 0A311 9X.D4PRALL-...agi„WIP4a60, ral .:),Ind '.;'; 5,035.43 ',.0 2,549.55 2,40.88 Water AiVnd 8,4634,61 7,715.01 748,60 Road and ixidge il'und 1,551.71 1,014.11 537.60 4ecial Asses.sment Aind 8,0Q8.24 1, 65.91 6 ,672,3 ;ewae Disposal 2und 6,861.69 3,309.11 31552.5b t'tter Collector' Account ....,..___129162 _ TOTAL CASH. ',' • 0 0 68 ' . r Age 4..-. •,:., ,‘1,:-..;. Ai er and 4iewor Accounts , 6 .0 f*, 68 .r ililY,i§-'1114‘t1 1;.-- -Znreasury and " :, ings Bonds: Prater land $ 12 ,580.00 12,580.00 Sewage ';„lispusal iund 2C.0500,00 24,000.00 3,700.00 Special scessment Funds 222 000.00 -04* 222 000.00 TOTAL INVESTMENTS 6 080.00 ;.. 80.00 '.22 00.00 TOTAL AVAILABLE ASET5 '-' 084 1 -4 64,08 -1219-617A1 - — . - --- ., Vi 1age Hall, ..Auipment and Land v22,648.23 ,;, ',. .2,64-ti.23 ''.,i• -0. Parks, PlayGround and :equipment v 9,286.90 9 ,286,9b .0. Fire Departneut Lquipment /17,561.72 17,561.72 Road Equipment .•15,307.43 15,307.43 .0. sewer Systems 106,385,90 77,137.01 29,248.89 Sidewalks, Curb and Gutters v36,476.78 36,476,78 Streets, Crossings, Paviiig and Roads r78,844.00 65,507.60 13,336.48 Ornamental Lights '10,827.38 10,027.38 -o- ater Plant and System v141,019.77 78,850.81 62,160.96 Vord Truck ' 537.00 537.00 .0. Gas Plant - Garage . 13,432.82 13,432.82 Garbage Truck v1,592.50 1,592050 Chevrolet Police Police Oar ..- 038.00 030.00 .0. t'ark Property - Leathers , 2,000.00 2,000.00 International Truck .:214.2§ -2112§. / .., , ,., , TOTAL FIXED ASSETS 1119.4114155 ;1.:!.3j210131.12o 4107,3,0„29 TOTAL ASSETS' 753,143.06 : 406,705,34 A46,437.72 ====z==========mumm= ..+6.., =================================================================================== Ci BR 31, . , LACREALJ,;.; 1945' 1944 =======================m======================p==============z====================== ,.j.k,AgLaaq SpREDULkl, 8 0. . o ,61' . 6 r -1.2' 1TM? Ave. ' able . Gash, 1-onds and Accounts - 4,293,708.51 '44f, 54,6ea.08 . 239,087.43 Invested in :Axed Aoseta 4 4-44, ' 2 (g4.26 101320.29 $753,143.06 : .44)6,705,34 ,4346,437.72 Less* Bonded Indebtedness 3679, 70.59 103,,619 439751.21 NET SURPLUS 365,772.47 $3°3,085.98 $ 62,686.49 TOTAL LIABILITIES AID SURPLUS 053,143.06 , 406,705.34 ,346,437.72 01 70. CASH RECEIPTS AND DISBURSEMPERTS SUMMARY VILLAGE OF HOPKINS .,, XINNESOTA Year Ended dJecember 31, 1945 BA..L.ACE CASH CASH BALANCE JANUARY RECEIPTS DISBURSED DE !I,4; N. 1, 1945 1945 TOTAL 1945 31, 1945 General lurid General 416,957. $ 28,246.45 11,266.59 $ 20,969.11 $ 9,700.52 z'o1ioe 2,516.16 6,594.58 90110.74 7,390.38 1,720.36 dark -j, I . 6,060.53 5,625.49 4,439.47 1,186,02 1,1,15iC 303.52 1,484.54 1,788.06 1,200.00 588.06 Fire 3,148.45 4,145.51 7,293.96 3,911.93 3,382.03 Poor 11,838.19 1,152.60 12,990.79 5,55e.47 7,432.32 Library 19.16 2,195.65 2,214.81 2,245.46 30.65 Garbage 2016.97 2,166.53 4,283.50 2,810.18 1 ,473.32 Beachitios. -0- -o- 1,015.51 ........ ,.... TOTAL GEIN- ,'. FUND $ 2, 549.55 $ 52 ,046.39 $ 54,595.94 $ 49,560.51 $ 5,035.43 Water ?und 7,715.01 63,197.45 70,912.46 62,448.85 8,463.61 Road and 3ridGe 1,014.11 19,458.46 20,472.57 18,920.86 1,551.71 4ecia1 Assessment 1,365.91 316,538.35 317,904.26 309,866.02 8,038.24 Sewage Disposal 3,309.11 7,252.58 10,561.69 3,700.00 6,861.69 TOTALS ALL FUNDS 415,953.69 $458,493.23 y474,446.92 4444,496.24 429,950.66 ============================================================= The balance shown above as at December 31, 1945 represents cash on deposit in the amount of $29,950.68 and does not include funds invested in U. S. Treasury bonds amounting to '-. 263,0804,00. The total funds available as of ,.,ecember 31, 1945 amounted to $293,030.66 as shown in the following summary. Cash on Deposit 4 29,950.68 U. 6. Bonds - i4 Cost 261.080.00 TOTAL FUNDS $293,030.68 =========== -8- BOO= IN44ETAMER VILLAGE OF HOPKINS - MINNESOTA December 31, 1945 ========================================================sammitsmasommemm============== DATE PURPOSE SOLD TO aummumussumm===================wasa==========================amiam======mmunagmata==== Aug. 1, 1935 Water Mains First and Security Banks Aug. 1, 1936 Sewer First and Security Banks Sept. 1, 1935 Sewer Fire :Capt. and Bank Sept. 1, 1936 Water Mains Fire Dept. and Bank Oct. 1, 1936 .ater ains Gust Elmquist Aug. 10, 1937 Water ains First National Bank Oct. 1, 1936 Storm Sewer State of Yinnesota Jan. 1, 1939 Sewer Cyril Feltl May 1, 1939 Sewer First National Bank July 1, 1939 Water Mains Security National Bank Feb. 1, 1940 'Water Name Cyril Feltl Feb. 1, 1940 Sidewalk and Curb Cyril Feltl Oct. 1, 1940 Sanitary Sewer First National Bank Oct. 15, 1940 Sidewalk and Curb ziecurity National Bank Oct, 15, 1940 Water swains Security National Bank Apr. 15, 1941 Sewer L[Ain First National Bank June 1, 1941 Fire Equipment School District # 19 Aug, 1, 1941 'Water Name ' Security National Sank Feb. 1, 1942 Sidewalk and Curb First National Bank Feb. 1, 1942 Water Tains First National Bank Feb. 1, 1942 Paving First National Bank Feb. 1, 1942 Sewer First National Bank Sept. 1, 1942 Water Mains Security National Bank .iepts 1, 1942 Sewer Security National Bank Sept. 1, 1942 Sidewalk and Curb Security National Bank Nov. 1, 1942 Sidewalk First National Bank Oct. 1, 1942 hater wine Piper, Hopwood & Jaffrey Jan. 1, 1943 Sewer - Interlachen Piper, Hopwood & Jaffrey Dec. 1, 1943 Sewer Laterals Interlachen kiper, Hopwood & Jaarey Dec. 1, 1943 Sidewalk and Curb First National Bank , r. 1, 1945 Water System Piper, hupwood & Jaffrey Oct. 1, 1945 Street First National Bank :atm. 1, 1945 Sewage Disposal Allison-Williams Company NOTE (A) Paid to State of innesota by County Treasurer. :======asai aaommus=s=============== ======zstassc:ag=s.a.:=s=anst=as= . ====cam===== === ORIGINAL BAbx►;;CE PAID BALANCE RATE ISSUE DEC. 31, 1944 1945 DEC. 31, 1945 si======saes=rte.- ====set mastai==========s_==az==w.==_ ==:Baca==.=======asrsiaezaaa.sm:assays======a=_., ,042.00 608.40 304.20 $ 304.20 o-8 4 2,705.00 541.00 270.50 270.500 4 4,480.00 448.0 0 .0. 448.00 4 4,470.00 1,341.00 447.00 894.00 q`��`0° 4 1,350.00 40.00 135.00 27©.00-\3�'°p 4 1,420.00 Cj'6 '.00 142.00 426.00- , ::a 3 A 28,000.00 16,000.00 4,000.00 12,000.00 Wli 4 1,554.25 310.85 310.85 -0• 4 460.6 92.13 92.13 .0_ 4 4,268,00 853.60 853,60 .0. 4 1,409.60 98b. 72 140.96 845.76 lip 4 693,45 277.38 138,69 138.69 4 3,086.80 617.36 617.36 _0- 4 728.00 145.60 145.60 -ti- 4 1,654,20 330.84 330.84 -0- f 2 2,753,90 1,101.56 550.78 550.78(""! 2 14,000.00 11,200.00 2,800.00 8,400.0a'��° �� 1 b 0 2 14,598.00 10,218,60 1,459.80 8.758.80 1 W1.-, 1 2 1/4 4,047.85 2,428.71 809.57 1,619.14 `G a4 -, 2 1/4 1.699.75 1,019.853399. .9 679.90 % " 2 1/4 2,335.74 778. 770.544 ..0_ , c,3d1 2 1/4 2,341.55 1,404.93 468.31 936.62 `� y1 3 1/4 511.00 354.60 118.20 236.40 0 q a c9 3 1/4 40.50 281.70 93.90 1 7.80 7 3 1/4 482.85 289.71 96.57 193.14 9, c 3 2 1/4 1,747.15 1,048.29 349.43 698.86 3 1 1/2 16,480.00 13,184.00 1,648.00 11,536.00 f`S8- ° 1 112 23,500.00 19,500.00 3,000,00 16,50000 /3106'' 1 1/417,710,00 15,939.00 1,771.00 14,168.00 i )1 1 3/4 1,680.00 1,344.00 336.00 1,008.00 67 '' 1 315 50,000.00 _0_ .0. 50,000.00 1 1/4 9,300.00 -0• .0. 91300.00 , 2 1/4 247,000.00 •o- -a• 247,000.00 x;103,619.1 4 22,548.82 $387,370.59 ================m====================== -10•. CASH DISBURSE' TS GENERXL REVS= PU :4 VILLAGE 02H0 .i INNBSOW. Year Ended Iecewbcir 1945 CAO.: TIALr' )V1, TR7 Collections $17,b99.19 Licenses 9.593.25 Rent of City Hallerit 115.00 -A22.25 a,,og Tax 117.90 1,efuud of ,,ompensation insurance 164.66 .Ascellaneous Receipts TOTAL GASH RECEIPTS 28,246.45 CAM iquaRasaan, salaries . Village L'fficials : Mayor 600.00 Trustees (3) 1,260.00 Recorder 1,200.00 Treasurer 350.00 Attorney 460.00 Health ,q-ricer 312.50 Are :s.arshall an ,uilOing Inspector 300.00 A$aeseora .3b5.00 $ 4, 87. 50 Wages 2,015.20 Insurance and Yidelity iionds 1,279.25 Eitreet 14gnting 5,160.62 Yuci 555.35 Telephone 130.34 Light and 'ower 55.7.26 2urcha8e of Land 50.00 Tree Trimming 72.00 Election Expense 296.80 Heating 0.47.A. Office 75.92 Fire .0ansge to Rented x4uipmenc, 125000 Repairs to City Lall and Equipment 337.66 Printing - Legal -otices 710.16 Gasoline 1,188.00 Purcha3e of anternatiOnal Track 2, 595,96 Hennepin County agricultural 6ociety 100000 Audit 110.00 Supelies and Miscellaneous !ixpense 6 Tc-TAL CASH DISBURSEgENTS _19.A989.11 TaCESS Ule RECEIPT:4 (MLR DISBURSEUENTS i; 7,257.34 ========== Balance - January 1, 1945 Overdraft .'educt _.xcess Cash Receipts 7,257.34 2UND BALAIC. = IL4CEBLR 31 , 1945 „j,700.52 sitsmassimatm mip Dispufwaum. ZSANIUM VILLAGE OF HOPKINS - MINNESOTA Year Ended DeceAber 31, 1945 sammammummumessummarna=mommumus===============================*====================== .9.481I „REP'gr,'S Tax Collections $51518.73 dines 1,07505 TOTAL CASH RECEIPTS 06,594.58 018ERLEEMMV•1,, Salaries: Engmar A. Johnson 32,280.00 Lawrence Schutz 2,280.00 Frank Sitar 1,742,55 Martin Vansk 360.00 Kenneth C. Heiland 50.80 Ted Johnson 34.60 Mrs. Murray 7.20 6,755.15 Justice Dockets 17.36 Refund - Dan F. Foley 50.00 Telephone 48.58 Clean Jail 22.80 Jail, Repairs and Expense 69.94 Automobile EXper,se 287.96 Traffic Signs 81.60 Jail Medical 8,1ao Miscellaneous Supplies and Expense 4b.99 TOTAL CASH DISBURSEEENTS 7090.38 EXCESS DISBURSEIENTS OVER RECEIPTS . 3 795.80 ========= FORANOW Balance January 1, 1945 0 2,516.16 Deduct - Dtcess of Disbursements over Receipts 795.80 FUL1) BALANCE - DECEBER 31, 1945 :;`, 1,720.36 ========== -12- *I UR 148/1-111E VILLAGE OE HOPKINS - MINNESOTA Year Ended December 311 1945 CMILAWAIR2.4 Tax Collections 34,200. 53 onts . Dow House 1460.00 TOTAL CASH RECEIPTS 36,060.53 2Aa DIMAIROAWYP Labor $2,415.95 35. 56 Light 54.32 Supplies 48.23 Real estate Taxes 56.72 Special Ascessmente 266.24 .i)ow House: Labor _ $ 974.0 Supplies 14.10 302.64 Light 24 ,58 1,560.4k TOTAL CASH DISBURSEMENTS 4,439.47 EXCE,S3 RECEIPTS OVER DISBURSEVENTS 31,621.06 ========= 4 435. A Balance - January 1, 1945 Add, Excess Receipts over Disbursements 41.621.06 AMD BALiaicE DECELBER 31, 194 $1,166.02 sms======= -13- Nils AND .iiISBURSEUENTS 1211.12.ER VILLAGE 01 HOPKINS - MINNESOTA Year is:nded December 31, 1945 lax Collections 3.1,464.54 .."WUR444.EXSY Tc ‘ ta 1,200.00 EXCESS RECEIPTS OVER DISBURSEWENTS 264.54 ========= inINP A00920;44444 Lalance January 1, 1945 $ 303.52 AUd LXCeb8 Receipts over isbursements 284.54 2U11 BALANCE - DECTJ.KBER 31, 1945 5bb.o6 -14- CASH RECEIPTS AND DISBURSE4ETS 14RXPEPARTIINNT FUND VILLAGI: OP HOPKINS - MINNESOTA Year 1;nded Deoewber 31y 1945 CA6fi R1IE1PTS Tax Colaeotions $2,248.51 Are Calls 1,080.00 Are Contracts 817.00 TOTAL CASH RECEIpr s PA§A_PI§AP45 Yiremensi ziervices 824.50 Tel 690.75 Fire Ho 931.00 Repairs and Supplies 520.68 Salariess Despatoiler 360.00 Steward 360.00 Excelsior .Are Department 135.00 Insurance 90.00 TOTAL CkA 1)1SBURSELaNTS 3.911.93 EXCESS RECLIPTS OYER DISBURSEgENTS $ 233.5b hug,ritlipmpr Balance ,T: nuary 1, 1945 $3,148.45 Adds Excess receipts over Disbursements 233.58 iourD BALANCE - DIZEI.:BER 31, 1945 43,382.03 ========= gi 4.W :41 kt=MS 14N, k,291L_MR VILLAGE OF HOPKINS MINNESOTA Year Ended .1,ecember 31, 1945 .1c§! Tax Collections $ 235.76 State of Minnesota 664.64 i-teimburseqients from inclividuals 252.20 TOTAL CASH RECEIPTS $1,152.60 ailljjake Suburban Hennepin County itelief Board $ 4,703.97 Hennepin County Board-Poor elief 822.50 Frank Kaspar 29.00 efaical is00 TOTAL GASH DISBURSEUENTS 5,558.47 EKCES3 DISBURSEXENTS OVER RECEIPTS ; 4,405.87 gYND MCW.CILAM Balance January 1, 1945 $ 11,838.19 Deducts ,.xcess Disbursements over Receipts FUND BALANCE - DECEI R 31, 1945 4 7,432.32 =========== PAsH IY4CLIPTS 4UDPPBITRS4MMT$ W3RANV71112 VILLAGB OF HOPK1116 MIMI=TA Year 1.,,,ndeci ilecembe 31, 1945 CASii Tax Collections J2,195.65 CA:;41 DISBURIELTS Books and *agazines $ 848.81 Supplies 21,90 Improvements 98.25 Salaries : Bloomie :.ountain 41,142.50 2reds Barlow 134.00 1,276.50 TOTAL CASH DISBURSEUENTS 2,245.46 DISBURSRuNNTS OVER RECEI2TS = 49.81 ======== 4IND RsGQAPI444.401 Balance January 1, 1945 4 15.16 Deducts Liccess Disburammonts over Receipts 49.81 FUND OVERDRAFT - DAMBER 31 , 1945 ========= 017. 2.401LASALEILNID Dx313u44"4-Imn tt COLI. TI N FUND - - VILLAGE OF HOPKINS - MINNESOTA Year '...nded December 31, 1).tj SIM*St====rtzt ======= ============1.1.========."Zrz== ======ttr.-.. ralr,=================2 CA44i RCIiT3 T ax Collections 02,166,53 QL DIA4UkS74144ig 6alarics and Wages 02,600,40 Truck Repairs and Supplies TOTAL CASH DISBURSEMENTS 2904018 EXCESS DISBURSEMENTS OVER RWEIPTS •: 643,65 ========= 1 . 1 . ft Balance January 1, 1945 $2, 16,97 Deducts L'Acess 142bursements over -Receipts 6431,65 .:UBA.IANCE - MAWR 310 1945 )10473.32 ==0***wom *180 GA' .P7"J' pISBIJRS1 S BATHING BF VILLAGE OF HOPKINS • LLINNESOTA Year Ended December 31, 1945 T.Si7SS=== == ,=== L==;=.=.'.^.====SSSS=SL========== == .=== ===rte.=S==a,.-___=—=S= ======== =====S Nane Lumber and Suppliesb.O4 Labor lb1. 2O Steam Shovel ;service 60.00 Send 47.25 Grass Seed 42.67 Legal .eeea 4.25 Salaries; Richard : oore 271.00 Eyeloris Olson 291,10 Lois :i eckstrom 642.10 TOTAL CASH DISBURS TS 1,015. 1 '.CESS DISBURSELENTS OVER RECEIPTS i1,015.51 ====== Balance January 1, 1945 None Excess 1.4sbursements over atecei j is01 . "1 FUND OVERDRAFT - DECEMBER 31, 1945 4,1*015.51 Baa itom e -19- WILMAEULAMILlajMgMja WAW VPIP VILLAGE OF HOPKINS - NI , ESOTA Year ialded December 31, 1945 ====== C4,4;1 ;;4443 of 1;6Ras 50,000.00 Bond Premium 27. 55 Accrued Interest on Bonds Sold 35.00 Collections on .ater service 12 ,651•60 Sale of eters 309. 50 Permits 144.00 Sale of supplies 7.00 Repair Reimbursement TOTAL CASH RECEIPTS :;63,197.45 salary - superintendent 4 2,400.00 Salary . i*esistant 2,100.50 Labor 621.67 Power 2,639.90 Collection liarges, - :. nks 130.c5 ter t:Ains and Tank; .iziginering Jiees 4 2,500.00 ter : ains 10,032.11 Tank 39,911.40 Legal , EleEil 125.00 .Printing of J3onus 46.20 Advertise Bide and 13onds 26.40 52,641.11 Leters and ; upplies 522.87 ?oetage 26..55 Tinting and office 'oupplies 109.1e ater Treating 924•75 icellaneous TOTAL CASH DISBURSEV,ENTS62,446.e.-„; , EXCESS oe RWEIPT3 OVER DISBURSEME1;TS ;; 748.60 = im Alagnitikkg_., Cash and. Bond. Balance . January 1, 1945 20,295.01 ADD; Increase in Gash During the Year ndeu Decembe 31, 1945 _ 748,,60 Cash on :jeposit 4, 6,463.61 U. S. Savings Bonds At Cost 12 ,580.00 FUND BALANC2 - DECEnER 31 , 1945 21,043.61 ........,,.... -20. CASH RACEIPTS AND DISEURSANINTS BigaLAILBLIMBil.) VILLAGE OF HOPKINS - MINNESOTA Year Ended December 31, 1945 :===========x========================.v,.•==============,====.**,,,saggizaavitatenamigausagile===lw.1 PIALLRea4211§ Tax Collections $17,604.09 Permits - :ewer, 'ater, Ga,3, -to. 163.00 Snow Plowing 27.00 Street Repair 4.00 Sale of Compretwor 55040 He;inepin County Road Aid 200.00 Excavating - Alwaukee Railroad 166,87 Street Repairs iAnneapolis Gas Light Company 52340 TCTAL CASH RECEIPTS t49,458.46 CAL DISBURSEAENTS Commiseioneee Salary $ 2,220.00 Gradermanis Salary 2,160.00 Street Labor 7,149.60 Equipment Repairs and Supplies 1,222.71 Gravel 529.02 Road Tar 3497.23 Grading Labor 1,646.94 Machinery Rentals 326.28 Road Candemnation Award 1J30.64 Legal lees 7e. 50 viscellancous Expense 207.94 TOTAL CASH DIWURSEYENTS 1b.920.86 EXCESS OF RECEIPTS OVIIR DISBURSEialiTS - 537.60 ========== , GABHIPq9 _ 2a. Bank Balance January 1, 1945 t 1,014.11 ADD: Increase in Cash During the Year Aided liecember 31, 1945 BANK BALALCE - DICEBZE 31, 1945 4 1,551.71 .21- CASH RBUIPTS AIGLUML.ElaplyS wow ASSESSMENTS - BOND AND INTLREST VILLAGE OF HOPKINS - LUMNESOU Year 1,;nded December 31, 1945 ============.==============.=.==============._—__________=___=_—__ ============= OW. 33,107.40 Local Collections - Assessments 1,500.00 : ale of Certificates of Indebtedness - 1 1/4 91300.00 remium on above ,:ertificates 8.00 'hale of Jewer Revenue Bonds - 2 1/4 247,000.00 Premium on Above ionds 293.31 Sale of U. 6, Treasury Bonds - 2 1/2 25,000.00 Premium on Above Bonds 257.81 interest on Above Bonds 71.83 TOTAL CASH RECEIPTS 4316,538.35 A. DIU' sEANk S Bonds Paid $ 22,548.82 Purchase of U. 3* Treasury ionds - 2 1/2 % 245,000.00 Accrued Interest on Above Bonds 599.76 Bond Interest 1-aici 2,199.15 il:ngineering .;.(trvices 1,826.50- (-7 Publication of Notices 101.94 LnginetIrs 13.89 Permit 1.00 Roao Tar 106,10 sand and Gravel 213,85 ater /0,ains 9,527.85 Sewers 27,422.39 Road - Street Ryd.Co. Right of ilay TOTAL CASH DISBURSEENTS 309,866.02 =BS'S OF RBCEIPTS OVER DISBURSLWENTS V 6,672.33 =========ms Rus REcolahaker„ each Balance January 1, 1945 4 1,30.91 ADD: Increase in Cash uring the Year -Unded December 31, 1945 6,672.33 Net Increase U. 3. Bonds 222,000,00 22 ,672.3i FUND BALANCE - DEGF44114i 31, 1945 .;230,038.24 =========== 9 ' On Deposit - First 14ational Bank 8,015.05 On Deposit - N. a• ationa1 Bank - Trustee Gash 23.19 U. a. Treasury Bonds 222,000.00 22210 _ .1 FUlw BALANCE - DIMEkBlth 31 , 1945 =========== 7 QM, - 8 I$RQ8AL kU VILLAGE O HOPKINS MINKES0TA Year Ended liecember ji, 1. 45 9AJk -141 MAP. 30% of Water service Collections 5,422.20 Tax Collections 1,125.75 Interest on U, J. Bonds 250,00 Interest on savings Accounts 32.13 Sewage Rental 10.00 Sewer Connections 14.().50 Sewage Contract 272.00 TOTAL CASH RECEIPTS „; 7,252.5e 9.4§1i PIjaa:47.,,;".:417a, Purchase of U. S. -avings Bonds 3,700.02. EXCESS OF RECEIpTS OVER DISBURSEWLENTO 3,552. 56 00========= MP,„AtZ.Mi "Ccilab= Cash and Bond Balance January 1, 1945 $28,109.11 ADD: Increase in Cash During the Year 1,416ed -Jeoumber 31, 1545 $3,552.58 Increase in U. S. Bonds 1.700,00 1,253i.0 ?TNT BALANCE DICEMBER 31, 1945 05,361,69 II. Savings Accounts : First Nationsa -,ank 4,191093 Security Vational „Aink hecking Account: Jirst National Bank 603.69 U, S. Bonds at Cost 2b,500.00 RjHD BALANCE . DECE10111 31, 1945 435,361.69 ==