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1942 City of Hopkins, MN Annual Financial Report -/P./44A444•4///4-,/1/4/4/-..44-4 /s4/... 4,:.�:,^> .; : rA —_ Via...sem^ .a -.�f' .1 : ,'tri . --:, ,•e 4. I i k; .,. , 7 y 1 s� i E. E. NOREEN & Co. Municipal Accountants and Auditors Rand Tower - Minneapolis VILLAGE 07 HOPKINS, ` TNNE 3OTi°_ REPORT OIT EXAMINATION O_, .TILT ,._E RCfl ,tau L ,I S CASH RECEIPTS AHD DI SBURSZ;ANTS RECORDS 770-R YEAYM.... AD DECE1'13ER 31,1942 I I 1 t 1 ' I � i 1. Village of Hopkins, T,Minnesota. INDEX Exhibit "_A" - Balance Sheet as at December 31, 1942. Exhibit �u171r^�a "B" - f Fund O Balances Schedule " '-1" Bonded. Tnd.ebtedness. Schedule "R-1" - General Zeven_ue fund- Statement of Recorded 'Receipts and Disbursements. Schedule "B-2" - Park Fund- Statement of Recorded Receipts and Disbursements. Schedule "B-3" - Music 7-Pund- Statement of Recorded Receipts and Disburse- ments. Schedule "B-4" - Fire Fund- Statement of Recorded Receipts and Disburse- ments. Schedule "B- " - Door Fund- Statement of Recorded Receipts and Disbursements. ' Schedule "B-6" - Library Fund- Statement of Recorded Receipts and Dis- bursements. Schedule "7-7" - Garbage Collection Fund- Statement of Recorded Receipts and Disbursements. Schedule "B-S" - Dow Fronerty Fund- Statement of Recorded Receipts and Disbursements . Schedule " 't-9" - muater Fund- Statement of Recorded Receipts and Dsburse- ment s . Schedule "R-10" - load and Brid?e Fund- Statement of Recordedreceipts and Disbursements Schedule "n_11" _ - Special_� r? sess=:Bent, t%ond and Interest Fund- Statement of Recorded Receipts and Disbursements. Schedule "-3-12" - -. a e Disposal Fund- Statement of Recorded :Receipts and Disbursements. Schedule "h-13" - Siewert Trust =Fund- Statement of Recorded Receipts and Disbursements. f EDOUARD E. NOREEN. CERTIFIED PUBLIC ACCOUNTANT MEMBER MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS ADMITTED TO PRACTICE BEFORE THE TREASURY DEPARTMENT ADMITTED TO PRACTICE BEFORE U,S. BOARD OF TAX APPEALS E. E. NOREEN & CO. Municipal Accountants and Auditors RAND TOWER p MINNEAPOLIS,MINN, January 23,1943 To The Honorable Mayor and "embers of the Village Council, -oOkins, innesota Gentlemen : In accordance with your instructions, we have made an examination of the Villa<ae Recorder' and Village Treasurer ' s Cash Receipts and Disburse- lent .records of TP— HOPVINS, TMTII-PESO A for the year ended Dece .oer 31, 1942 and herewith submit our report thereon, together with the attached Exbibits and Schedules as listed in the preceding index. We did not examine the Special Assessments Records upon sneci fic instructions of the Village Council and officers and , therefore, assume no responsibility for the accuracy of the transactions involving; Special Assessments. REPORT The following', comments will have reference to the items appearing on the Balance Sheet, Exhibit "A" . CASH ITT BANKS- 1l7,046.36 The balances in the various funds on deposit in the Security National Bank and the First National Bank of Hopkins are shown on the Balance Meet and comprise the above amount . We checked the canceled warrants returned by the banks for the year ended December 31,1942 to the Clerk' s Disbursement record. The recorded receipts were traced to the banks es deposits by com- naring the entries in the records with the deposits appearing on the bank statements. The bank balances in the various funds as shown by the Recorder' s books were reconciled with the balances in the respective funds as shown by the bank statements, after giving effect to warrants outstanding. The balances in the several funds indic=ted by the records of the Treasurer were also re- conciled with the Recorder' s balances as at December 1, 1942. In Exhibit "B" we• show a summary of the fund balances and also a reconciliation of the Recorder t a fund balances with the Treasurer' s fund balances as at Dece-:giber 31, 1942. ACCOUNTS RECEIVABLE- ",547.47 The above amount is composed of water consumers, accounts outstanding as at December 31, 1942 . These balances are in accordance with the records .maintained by the ',!rater Collector and were not confirmed by communicating with the consumers. A S'-S NTSRECEIVABLE Upon instructions from. the Village Council and officers our examin- ation did not include the verification of receipts from Special Assessments- hence the amount of Assessments Receivable could not be computed. OUR REPORTS AND CERTIFICATES ARE ISSUED WITH THE UNDERSTANDING THAT,IF PUBLISHED,EITHER THEY MUST B=_REPRODUCED IN THEIR ENTIRETY,OR SHOULD IT BE DESIRED TO PUBLISH ANY REFERENCES TO OR EXTRACTS FROM THEM,THAT SUCH SHALL BE SUBMITTED FOR OUR APPROVAL. Village of -opkins,Minn. 1 Report- Continued Page 2 FIXED n`S SETS- ' 347,624.60 The various classes of fixed assets are shown on the Balance Sheet j 1 and are in accordance with the amounts appearing on the report for the year ended December 31,1941 to which have been added capital expenditures made during the year 1942 . BO \D� APTD I -PROVEi ENT 'a"A RRA1!i TS OUT STA ?DING- )102, 357.53 We submit in Schedule "A-1" details of the above liability. We si_rnted all the canceled bonds and improvement warrants which had beer maid. durinm the year under review. The f-)1lowi.ng is a summary of maturities: Year Due Amount 1943 19,252.87 1944 17, 420.13 1945 16, 489.31 1946 13,360.85 1947 11,648.63 1948 8,790.76 1949 4,648 .76 1950 4, 648.76 1951 4, 646.76 1952 1, 648.00 Total 102, 557.38 SURPLUS- T262, 661.05 This amount represents the difference between the total assets and the total liabilities shown on the Balance Sheet, Exhibit "A" . r=_ssessments I 'receivable are not included as assets for reasons oreyviously stated. GEN R .L We submit in Exhibit "B" a Summary of the Fund Balances as at December 31, 1941, Receipts and Disbursements during 1942 and Summary of Fund Balances es et December 31, 1942. This statement is supported by Schedules tt -l" to "E-13" inclu ve, present in soh. 'IB-1"- a. statement of the receipts and disburse- ments of the General evenue Fund for the `Tear ended December 31,1942 In Schedule "B-2" we show the Park Fund receipts and disbursements for the above mentioned period. The Music Fund receipts and disbursements are shown in Schedule 1 "3-3" ' 3-3it The receipts and disbursements of the Fire y*und ?_re presented In Schedule "3-4" . In Schedule "B-5" we submit the receipts and disbursements of the Poor Fund. The receipts and disbursements of the Library Fund are shown in Schedule "B-6" . L— tYillaf;e of Jopkinsl inn. ?e ,ort- Continued p,a e z The r_ ecei� i s and disbursements of the rYe -ra Collection F lnd are salown in Schedule ""q-7" . In Schedule ""-3" .we show the receipts and disbursements. of the Dow Property F»nd. Oho receipts and disbursements of the Water Fund are set forth in Schedule "-9" . 1 In Sche �.a � .�- r l " 10" we show the receipts and disbursements of the .:. .� Road and Bridge Fund. The receipts anddisbursements of the special Assessment, Bond and Interest Fund are shown in Schedule "53-i1" 1 In Schedule "13-12" we show the receipts and disbursements of the Sewage Disposal '--fund. 1 i In Schedule "5-13" we show the receipts and disbursements of the Siewert Trust Fund. i The above statements of recorded receipts and disbursements were compiled from the records maintained by the village Recorder. It was _eeces -any for us to sub-analyze ell receipts and all dis- bursements in order to prepare the aforementioned statements. This sub-anelysisl should he made by the Village ?ecorder. The receipts of money.s from Hennepin County f or taxes received. iduring; the :leer were checked with the remittance forms submitted by the County Treasurer. "!e veri..fied the recorded receipts from 11 senses, perm'.ts, etc . by chiecklna the stubs aaJnst the Clerk' s receipts record. Moneys received free', doe licenses were c-rtef-red with the detr-ilea record of do-, tags issued. ',,e verified the aorevs received from fines by checl'In` the dockets maintained by Justiod of Peace Foley. q _Wilma fees Paid by candidates 'filing for officer, were also verified. by reference to the stubs. No permits of any kind shouldbe issued unless the fees therefor .are collectedat the time of issuance. I Water meters should also be collected for at the time of sale. 1 During the year 1942 the Village received 33,357.58 from the Siewert '.state. This was placed in a Trust Fund and later transferred to the (Park rund( ' enersl) . The Village purchased the Leathers Property for 2,000.00 which was paid for out of the Park Fund. IWe wish to call attention to the fact that any payments made to Village Officials or Councilmen for elaterials, supplies, services, etc. other than their regular salaries anc allowablee<� ene5 are considered to be in contravention of the laws of the State of Minnesota. i I 1 7111 - _e o z' l opki n n :3 . y.eoort- Continued Page 4 , e si-'hted the insurance policies in force and found that fire and tornado insurance are being carried on the Vi llae Fall, Library and Contents. The ':nater Tower is also covered by fire and tornado insurance. Whe fire trucks are covered by fire and tornado insurance. Trucks are covered. by fire, theft, property damage and liability insurance. lie found that work- men' s compensation insurance is also in force. Mr. J. Russell Ccrro11, former Village decorder, had been covered I by a fidelity bond in the amount of ,51,000.00 and Mr. '\ .17. Flr.^.o„i st, Village Treasurer, is covered by a fidelity bond in the amount of ;;7:15,000,00. Ferran A. Olson_, Tater Collector and Utility ''an, 19 also covered by o fidelity bond in the amount of t, 1,000.00. Mr. Frank "T. Whitney, the present Vil.l_es~e Recorder, I has Provided bond in the a.ro nt of 41,000.00. The Ti 1lc' e Council }-'"d desi`";n^ted the _irat ' -tiorel Conk and the Security ”-.' on_alTnnl,r., both of T�ookina,M_nresot �, as depositories for ( T.TilleMe funds. the coil Aternl security provided by the =:' s is e.s Tellers: L . Treasury 'Bonds- 1944- 194 , .0C `'i t -- st 'ran, _ T^o.,teLL n _ d . 90 y �o-r��ks- -z r1n -_-„onds ` , Iresury fonds- 1950-52 .00 clo1 ,090.C0 CP0T , (rl r v i.11 -._,.. TTr 4 PT? ..T.S TF"l.-,( (lA T11l1 Mc of 7co:M n.c ewer ' r. rrant27 ,50 It II If iI It Pr . ',0 j tr II Ii Certificate of Indebtedness 3C .20 If it It Sewer Warrant A / . .90 It It ti if It 44 .00 It ft it it rt 448.00 rt " Certificate of Indebtedness 853.60 II It It II it it 773.58 it it It Ii It It 77848 It It ft It 11 it 661.68 1 If II it it it It 1,873.24 It It If It it It 291.20 tr tt II Ii if tr 459.80 1 It It II II Ii It 459 .80 2 if it It II it ft , 758 . 30 Co._rodity Credit Corporation x`000.00 ='otel 13, 10z_.20 Abo-•Te augmented by X5,000.00 Federal Deposit insurance Corporation Insurance in each case, I Of the 45,212.73 shown ns cash in Sewage Disposal Fuiid,ti 10,000.00 has been invested in ten :p1,000.0C Series ". ", U.S. War Bonds, l eaving' r 5,212.731 lin the Savings Account. These bonds were produced to as by the Village I ' Tm asurer. 1 V; 1 of Ho liirs • Retort-Continued P__ e 5 lie entries had been made to the creneral Ledger accounts during the hast eleven years e_.cept that as bonds and certificates of ind btedness had been issued and paid, entries had been nade to these accounts . In conclusion, we wish to express cur appp-reci-tion for the facilities and courtesies extended to us during the col,rse of our oxan�in- ati Respectfully submitted, NC CO • v 4,34/1,5 "-r- (-•• ••• •••"' Certi.i?cd Pui,7l c Tccou_ntant _ . Village of ;o 'kins,Minlesote EXHIBIT "A" 2V1, ,NCE SHEET 0 at December 71, 1942 PT7,7P'S CSN TY -94,Yln- NET General Funds 6 2,997.05 Water Fund 10, 310. 59 Road and Bridge Fund ( Overdraft ) 4,391.25 , Special Assessrqent- Bonds and Interest Fund 7 929 02 Sewage Di snosal Fund (Savin as ,iccount ) ;.',- 15,212 .73 Hater Fund- 4,ater Collectors Account 835.26 Total Cash in Banks- Net 17A Oz16•36 ACCOUNTS RECEIVABLE- i )ter and Sewer) 547.47 ASSESSMENTS RECEIVABLF. Neon Instructions freyi the Village Council and 0, _icers, our Examination did no' include the verification of eceiots from Special seesmonts; Lance the amount of f1ssesament deceivable colild not be determined. 1 FIXED A7-3ETS Village Hall, Equioment and Land ,f-t•--- ,,, /9.70 22, 64 .23A/ , ,, Perks, Pley-rounds and Equiement ,, 9, ,c-. 9247 f-;-, , ei I/ Fire Deo2rt -leni: Equioment 17 360 00 /' $ • " Road Equipment " 17, 316 .404' Sewer Systems ,, , , ,, 77, 137.01"" 1 Sidewalks, Curbs and Gutters , / ,, ,, 34028 • J 87^.' Streets, Croesins, Paving and co, ds ,, , ', 65, •507 60-`" Ornamental Lights ,, , ,, 10,827.38 ^ :ater Plant and c'yetem , ,, 78,850.81A, I, Ford Truck 537.00^/ Gas Plant ', 13, 432.82' Garbage Truck ., 1, 592 50v • Chevrolet Police Car 4.4a.et i.-ei , i 4 41/ 838.00'4" Park Property-Leathers Aiib, _ /f4/e..- 2,000.00 347,624.60 1 TOTAL ASSETS 365,218.43 1 LIAT,ILT =9 1 BONDS AND IMPROVEMENT WARRANTS OUTSTANDING r, 102, 557.38 1 ( Cohedle " -1" ) 1 1 SURPLUS "veilable Unavailable 102,557.38 I Invested In Fixed %scets 347, 324.60262 661.05 TOTAL LIABILITIES AND SURPLUS J :'-'65,213. 3 _ * Of the ,?15,212.73 shown as Cash in Sewage Disposal Fund, c100000.00 h_ s been invested in ten ,j1,000.00 Series C , r•-• Thvernment :1-1, lends, lee. rin: -5,23_2 .73 in the Savings cccunt. 1 1 1-P-rfTl tt r?t Villa;- e of Hopkins, iinnesota Sr , °i'.s.Y 03' FUND BALKCES- DECEJIBER 31,1941 RECEIPTS AND DZ BU SE T,S DURING 1942, rD t TJTT,. _RLY 07 FUND 1 : r.\..I CES DE�C 1 33 31, 1942 Fund Disburse- Fund 3alances C_eccints ments Bela_ncess 1-1-42 1942 Total 1942 12-31-42 General Fund: General Revenue 2, 311.59 13,457.84 4 21,269 .43 24, 139.27 x,919.84 1 r tIT,-1" I Park ( Sch."2-2" ) 440.72 4,909 .70 5, 350.42 4129.38 1 , 325.04 %uric(Sch." B-5" ) 71') .-)3 1, 169.94 1,911.27 1,249.02 662.95 Fire ( ""'-4" ) 3^ 3,210. 9 7, 979.09 23� 1, 347.07 1 e Sch. � � ��U. =O _ . 2,F..,��:.06 . Poor (Sch." E-5" ) 1, 1260A 13, 315.94 12,139.76 7,709.77 4, 479.99 Library(Scr." 3-6" ) 795.10 1 „22,- .30 `,021.50 1, 299.66 122.24 r_arba:.,e Collection 228 .43 2, =,02. 55 2, 310.92 2,050.07 260.91 ( gel-1 .'1,7)-7H ) Dov. Rroperty(Sch. -. ) 2,151.99 975.00 1,176.99 1'104 .23 2,261087 Total-General Funds 2,100.40 45,355.76 47,456 .16 44,459.11 2,997.05 Aster Fund( "ch.B-9) 5,753.73 17,153.18 13,911.91 3095.32 10,316.59 Road and Bridge Fund 3,622.74 13,187.05 9, 564.31 13,955.56 403V1. ( "ch. ",J..-10" ) Soecial Assess_:lent S Bond S Int.Fund 8,314.91 43,405.15 40,090.24 48,012.26 7,922.02 (6C11.9'-'-11" ) Sewage Di sros al Fund 1 (Sch."B-12" ) 7,049.43 0,163.30 15, 212.73 - 15,212.73 i ciewert Trust Fund - 3, 357.50 3, 357.58 3, 357.58 - ( Sch."B_13" ) TOTAL IJI FU DS 2, 965.91 431,627.02 :;;1 >4, 592 .93 c118, 779.23 ;.16,213.10 i�0cr_ I_1J"_. i_'7- �.l 07 RECO4 LER'F_ 'T.TT Br:LANCE ' "-1-11) Bf' ,TES 31 1.942 T'e Fund Outstandintr Fund 2-_1^rces Warrants Ealarces General Foand_ 7,904.43 , 907 ,38 ,:',997.05 a' ter Fund 10, 316 .59 - 10, -16 . 9 s j _,oed and 'ridme Fund 39.22 4,430.47 4,391.25 Special Assessment S Bond Int .Fund 508.75 8,430.77 7,922.02 Sew r:e Disposal Fund 15,212.73 - 15, 1_ . r *Composed of 15,212.73 or deposit in Savin ms Account .510,000.00- Series 2 TT. S. War Bonds 1 TOTALS .p 29,921.72 13, 768.62 16, 213.10 eNote: dater Collector' s Cash in Bank amounted to ,333.26 as at Decerlber 31,1942 . 1 <;;583.28 was deposited in the regular Water and account and .';;249.98 was de- posited in the Sewage Disposal Fund on January 8,1943. ' :1 1 £ 1-' -'00.0.^^JN-C)co .4-HI-,0017 CV`,HP - fl7 i 0 )N I F+ I O?7Cv1-.0000C-),30-' 1 O � 1 11 1 1 1 1 1 1 1 00(}0 1 I HHH 1 1 1 0 0 0 1.1 1 1 1 o n 1 1 1 1 1 1 1 H )ti I I I-'H H I-'H H HH HI-' 1 1 1 1 HH ' 1 1 HHH I ` 1 H H H H'H 11 H H H HC I H I r � a H.-, 1 1 1 1 1 1 1 1 I ,H1-.HI-' I I HHH I I I HPI 1 I 10 1 PH 1. 1 1 1 1 1 6.1-, ct IIC I- .?I:' r"--T= I s 01 1 1 4..0-,. 1 1 1 CA CA CA I I I CA CA Ca I Cl I I Ca C7 Cl CI C ` I Cn @ r?r. N co NN'V t,%,HH,C- I 1 1?I'.c30 CA Ca CI co til co CA C]C1 co 0-aCa-1 CA CA'A Cn m C1 Cn a CA 1 ,i CON H000O COCC90 CO CD - 0)Ca LJ:;, H H ¢ Ih3 c+ `1- ▪CR ca Cf= CA r3 . C/. 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IC) r) ,CiO -a-aC.7 ONcaC 6(9 --af 0 -)CO 1crn0 0 'O O O (...10 0( C3 J70J r ( ,, i •C,- 0C)C C,---.0 . 013 ,,- 0c) t0ry 0C.C? cI0ppC S.V &- ` ' .. t• ch_ \ . , i 'Tillage of 'Topkins, I"innesote '11'-r---'NT-T_- "_._ ,h r jN,,,, 'L , v7' TTE ,, T7ND r , ,TE I:TT 0„ T 1 CO ZDED RECEIPTS ,ITD DIS ?T? 5}T,'a_�TS 7or Year :.ended December 31, 1942 `Receipt s Taxes '+ 8, 573.04 Licenses 6, 438 .75 Cir arette Picenses-State of Minnesota 327.60 Permits 409.80 Don Tex 118.25 Fines 1,851.75 Filth':; Fees- Candidates 13.00 Sewing Project Aid-Various Townships and Villages 34.90 Insurance Refunds 238.24 Telephone Tells and Refunds 10.57 City Hall Pent 180.00 r,Mecellaneous 261.94 Total Teceipts $ 18,457.84 I Disbursements Salaries: recorder r 900.00 Attorney 360.00 Treasurer 275.00 Assessor and Deputy 720.00 'Tealth Officer and Milk Inspector 250.00 Puil .i_nm Inspector 275.00 Mayor 480.00 Trustees(3) 1 030.00 4, 340.00 Lighting of Streets and BTzildinns6,`'2`5.6.6 Insurance and Bond Premiums 1, 265.65 stationery, Printing and Publishing 33 .13 Telephone 156 .29 Gas 17.25 Dues- League of T innesota Lunicipalities 60.00 Audit 90.00 1 Election Expense 523.75 Annual Appraisal 25.00 Victor Borgman-et^l-Grade la1-ter 375.00 I Labor, Cement,Ma_teriels,Fuel, Supplies and Miscellaneous 4,033.54 Transfer to Special Assesonent Fund 99.75 Interest Paid on Warrants 486.15 1 Recreation Items 21.97 1 Total General Disbursements 18, 551.84 Police Department: Salaries-Policemen 3,720.00 " Special Police 1,021.05 Police Alarm Service 242.25 Police Car Expense 184.23 I L3 c at & Telephone 167 .52 Miscellaneous 302.38 5,637.43 Total Disbursements ,1'39 .27 Excess of Disbursements over Receipts 5, 31. 3 - HT Pl) .OECOP CILIA . ICM M Balance InFund-December 31, 1941 8,811 .59 Deruct : xcess of Disbursements over Receipts 5, 731 .•l. Balance in Bund-December 31 , 1942( Cverdraft) 19.84 T., - l ,-re of ;o:-,?T'.ns, r �-nf,esota SC` - P ; ,, . 3PTD (-1 ',;n -gyp*T 5 Tyr' TIP Tr DI T�vv r 7n('C :i _� _ � �:�� i `'lam int c+ �'.. n T' {Q�'i� ± �_�-, Ze C e i'fit c ___.•_ _._ �_.�_ �._. I "u `'". 1, 490.52 ' e.._s Tr-1nry fer fro.' 8iei "ri Tru-t --,,,,rd 3, :57. 58 Lece_1_ved from It II tr 27.75 T.r. T-:es.thers efiznd 3 .31 ?�`.-i scel_l^neous 30.54 Total `_.ec ' nhs 4,909.70 Disbursements Labor,-aterials, Supnli.es and T iscellaneous at Parks and Skating airs 2, 022.07 Purchase of Leathers Property 2,003.31 Total Disbursements 4,025.3P Excess of Receipts over Disbursements884.___32 FUND : lCO.D^ ILI1T= Balance in Fund- December 31, 1941 440.72 Add: Excess o _ ` eceipts over Disbursements 884.32 Balance in .Fund December 31,1942 1,325.04 m T^ESIC Pj1n $ LTPDE',NT w ..�.i 1FD ? FCE PTSANDD BTT '1 'T �T S SOH�iDTJLD 11-: -3ii (�.: CO'�D :._ �_.��I LIS_ �S�P.�I T� �_;' _.� receipts `--'axes ` 1,159.94 Loud Speaker `{ental 10.00 Total receipts r 1, 1'39.94 Disbursements 1^pk3.ns T;iun_i sinal Band-Concerts 1,050.00 rnold S. Hage 1c 5 .00 L; fht s 7 .00 Miscellaneous 11.02 otal Disbursements '.> 1,244__,( 2 1 Excess of Disbursements over ieceipts 79.03 1 1 1 FUND RECONCILI `TION P Balance in Fund, 31,December 1941 742.03 Deduct : Excess of Disbursements over Receipts 79.08 Balance ir. Fund, December 31, 1942 t? 662.95 Village of Hopkins, Minnesota SCHEPTTLE "3-1" FIRE FUND Sr ,TJ ;ETT CV 1,_:,,C0_3DED RECEIPTS S 11D DIS3Ut�SF* ET 'c Receipts Taxes :t 1,795.69 Fire Calls 765.006 >8.00 Fire Contr=acts Total Receipts ", `:1, •,"'c, Disbursements ala Stcher 237.50 .ry- Despatcher Salary- Steward 235.00 Firemen' s Services 396.00 Telephone 51.00 Fire Hose 220.75 Refund on Tire Contract 2.00 ras,Oi_1, Supplies and Miscellaneous 589 .81 Total Disbursements 2,232.06 , 'Excess of Receipts over Disbursements 936.65 FUND RECONCILIATION Balance in Fund, December 31,1941 360.40 Add:excess of Receipts over Disbursements 986 .63 1 Balance in r'und, December 31, 1942 "r 1� 347.03 SCH DTTLE "B_5" POOR FUND STATEMENT OF RECORDED CEIP PS AND DIS'?TT' S,r,ENTe Receipts 1 axes 11, 442.10 State of Minnesota Relief Aid 1, 261.24 Payments on Contract-Rudie Luoelaff 260.00 :refund-aural Hennepin Surplus Commodities Committee 290.00 Refunds- Poor Aid 62 .60 Total Receipts , 13, 315.94 i Disbursements Suburban Fennepin County Relief Board 4, 547.08 Hennepin County Board of Poor Relief 674.00 Rural Hennepin County Surplus Co::modities Committee 461.18 Other Poor Relief Expenditures 27.51 Transfer to Sewage Disposal Fund 2,000.00 , Total Disbursements 7,709.77 Excess of Receipts over Disbursements+� r ? 5,606 .17 ' 777 D _RCtO CILIATION Balance in Fund, December 31,1941(Overdraft ) 1,126.1 1.dd: Excess of Receipts over Disbursements 5,606 .17 Balance in Fund, December 3101942 <v2sif4,4 79 .9``- I - 1 III -6 Village of -lopkins,Minnesota =TULE 113 LIPRP.,RY FUIID (.*TATEENT 0- -gCEIPTS AND DIBILTHEMEYTS Receints Taxes 1,226 .10 Total Receipts 1,226 .10 Disbursements Salary- Librarian 1,020.00 Books, . ac'azines, Publicatiors,Sunplies and Miscellaneous 378.69 Total Disbursements 'l, 9 .66 Excess of Disbursements over Receipts 672,56 " rTYD .5',7C0NCILT ''T )r Balance in fund, December 31,1941 Deduct : Excess of Disbursements over -leceints 672.56 Filpnce in Fund, December 31,1942 122.84 qAi8A(TE COLL:011TOY TTTTD _______ STATE"ENT Ow RECORDED r,CEIP?8 AND DISBURSEMENTS Receipts Taxes 2,077 .67 Warrant-Number 8718 Canceled 4.88 Total Receints 2,022 .55 Disbursenents Garbage Gollection 1 637 95 -, • Truck Expense 347 .12 Miscellaneous 65.00 Total Disbursements 2 050.07 Excess of . eceints over Disbursements 32 .z'E3 TT) C-:Cr .=: i17 ;2,-lance '- Fund, -)ece _ber 31,1941 of --,-acel .,ts over Disbursements •' d, December 31;1942 300.91 /illeze of rov,kins, I:innesotP gOTTDTTT, DOW 111-1.0P.:RTv FUND 9 7 f-177'-f,Trn OR ?ErIOTZDED RECEIP1(7, AND DIS'37.',97,1'EFilF Recei -ocs Rent Received ? 975.00 Tet-11 -tece42ts ,'; 975.00 r315 .91 : lel Ti-ht - 2n4.21 pnd T-1scellPneous To691 Diburemeflts 1, 10 .E3 f Disburse-lents over Aoceipts 129,8R FUYD RECOCILI 'TION .pnlsnce in 2und- December 31,1941(Overdraft ) 2,151.- J Deduct : J1,xceq7, of Disbursements over ., eceipts DP9.83 Balance in -Fund, December 31,1942(Overdraft ) 2,281.87 Tillage of Popkins, Minnesota SCHEDULE "B-9" FUND eT ,TEMENT OF RECO DED -'-(7-0TPT" AND DI SBURSEI:ENTS eceint s �, 11, 60', .22 Collections on 'Jv iter --ills Sales of seater -eters 1,279.96 Permits 270.00 Total jteceints Disbursements 1 , X360.00 Sal ary- Superintendent 1,620.00 Assistant Labor 391.20 1 Power 2,417.90 Meters 1, 493.98 Repairs 381.41 Posts e 18.56 Softening Supplies 221.17 Printin3f and Stationery 160.66 Miscellaneous 30.44 ' Total Disbursements 8,595.32 4, 562.86 Excess of =tecei�:+ s over Disbursements _ 'oD13D RZECONCILI:'-ION p.alance in Fund, December 31,1941 5,753.73 4, 562 .26 Add : =excess o : I3.eceiots over Disbursements 10, 31'3. 59 Balance in Fund- December 31,1942 1G, 3L'3. 59 ty illn e of �'opkins,Ilinnesota- q D 771?-LI_., ..-. --7 tO 'iD AiiV . i7L STATEMENT 07 RECO= iECEIPTS l'ITD. DIS1=3URSKtTE2 TS Receipts T exer 12'892.05 Repair on Roads 180.50 Sewer and Water Permits 84.00 Sale of Dump Truck 25.00 Refund 5.50 Total Leceiot s 133, 1`'7.05 Disbursements 1 800.00 Uo�i�rnissionerr s Salaryr Street Labor 4, 945.74 Gravel 40.53 Oil 489.88 Oiling 952.53 Grading 3,905.70 Snow -Lemoval 530.50 Gas263.01 and `Oil 517 .43 Repairs Street 'Repairs 33.48 Insurance 43.48 _nce Reinbur sin r- J. R a seer son for Street Work 143 215 .00 Supplier, Materials and Miscellaneous . 28 Total Dl_sburso encs Excess of Disbursements over Receipts 788,51 FUND RTC`}:^TC ILI_P T I ON Balance in fund, December 31,1941(Overdraft ) f 522.7- Deduct: Excess of Disbursements over Receipts 768.51 Balance in Fund, December 31,1942(Overdraft} 4,391.25 _ q ; - ..-- -.. 51 ,177T 0'7 ---' '-' " --. Rec- * - ____ , ooeci-1 as-e-qments frog COUnty 5' 15,71.13 Special i'-ssepriertg Collected Locally 1,949.62 Pro , General Fund- Thr alleys en,' Crosainr-s 29.79 Interest deceived on Bonds Sold 29.31 Lots sold to Standard Plumbin,- SupPly Co. 400.00 Procecr_9 - froSale of Ponds and Certificate of Indebtedness 30, 105.34 Total ileceipts 21 ,"05 1-, --_ 10:Isbu_ ----lents Total Bonds and Certificates of Indebtedness Paid 11,800.37 Interet Paid 1,902.95 Construction Costs, etc. Intcrl -chen 30- r :nt—lachen L' tera1s 20 .7C --Pr, ' Y'evalks 7_,, , 0.91 71,-ter . 1 ' Sever - .1 ''' P'rk .i.id,re 15, 3 .27 5th ,ve . hater 6th "ve. 3e, or o vi scellpneons . ,. Tot-7_ I'is'hurserients Eco- ' ef oc .-)1Pto oveY, Dirburenerts i' —? 392 .C2 ___ 717:7) H-riCnNCIL-P\TI , Balance in 7,,nd, Deceriber 31,1941(Overdraft) 80314,91 Deduct : 7.-1-XCeC9 of :19Ceint9 over DibUrSOnentS392.89--------- Rnce qlain 2und) December 31, 19 overdraft ) 7,927.02 ______ , ri11e of ionkins„!:innesota (',L-T=1,1- 1 '1D-12" -7, I)T r'POSAL FYITD 07 7---r0q1DED 11' CE'IPI- 1,7D :. I7--:"TT ',', ,T 17 'f' 3 For Year Ended December 31,../ 1942 - Receipt s Collectionouivelent to 30 ' of Water Collections) ; 4,974.93 Taxes Collected $ 1 015.25 - Transfer from Poor Fund 2 000.00 $ Interest Received- Savin-,-s ,-! count 173.12 Tot8pl Receints , A163.30 Disbursements -0- 1xcess of Receipts over Disbursements 8, 163.30 _ 7111) RECO7CILT LT I0 , ( Salrin-S r‘ccount ) Balance in Fund, Dec -her 31,1941 7,049.43 - --ce,-- of '?,ecei t s ovor Disbursernents 2,163 .7 ' Ralence in Fund, December 31,1942 —2—' • STE'.IERT TRUST FUND SCHEDTII: " ---1 : " ,--471E7T "i -rC n ),DE-D !Th'CEIP '1(3 AND DT Bul.m4T:.1.41TTS !Receipts Received from executor __,) 3, 332.54 Interest 25.04 Total Receipts , . ,t 357 3 5C Disbursements 'transferred to General Fund (Park) 3 357 53 1...2...._..........._ Excess of Receipts over i)iabursements , -0- FUND :RECG- '-1:" '- Balance in Fund- December 31, 1941 -0- Excess of receipts oder ,)isbursements -u- Hplance in Fund, December 31 1942 --- - $ MA — .