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1939 City of Hopkins, MN Annual Financial Report 3 S£ E. E. NOREEN & CO. Municipal Accountants and Auditors RAND TOWER :: MINNEAPOLIS VILLAGE OF HOPKINS, MINNESOTA REPORT ON EXAMINATION OF ACCOUNT . AND RECORDS FOR YEAR ENDED DECEMBER 31, 139 1 Village of Hopkins, Minnesota I N D E Exhibit "A" - Balance Sheet as at December 31, 1939 . Exhibit "B" Summaz-sr of and Balances-December 31, 1939. Exhibit "Cr' - General Revenue Fund-Statement of Recorded Receipts and Disbursements. Exhibit "D" - Park Fund-Statement of Recorded Receipts and Disbursements. Exhibit "E" - Music Fund-statement of Recorded Receipts and Disbursements. Exhibit "0" - Fife Fund-Statement of Recorded Receipts and Disbursements. Exhibit "G" - Poor Fund-Statement of Recorded Receipts and Disbursements. Exhibit "H" - Library Fund-Statement of Recorded Receipts and Disbursements. Exhibit "I" - Old 4e Pension Fund-Statement of Recorded Receipts and Disbursements. Exhibit "J" - Garbage Collection Fund-Statement of Recorded Receipts and Disbursements, Exhibit "K" - Water Fund-Statement of Recorded Receipts and Disbursements. Exhibit "L" Road and Bridge Fund-Statement of Recorded Receipts and Disbursements. Exhibit "M" - Special Assess-lent, Bond and Interest Fund-Statement of Recorded Receipts and Disbursements. Schedule "A-1" - Bonded Indebtedness. Schedule "A-2" - Bonded Indebtedness, showing Annual '.aturities. . - 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 MINNEAPOLIS,MINN. August 26 1940 To The Honorable Mayor and Members of the Village Council Hopkins, Minnesota Gentlemen: in accordance with your instructions, we have made an examination of the books and accounts of the Village of Hopkins, Minnesota for the year ended December 31, 1939 and herewith submit our report thereon, together with the attached Exhibits and Schedules as enumerated in the preceding index. We did not examine the Special Assessments Recordsupon specific instructions of the Village. Council. REPORT The following comments will have reference to the Items appearing on the Balance Sheet, Exhibit "A" . Cash in Banks415A621.96 The balances in the various funds maintained on de-sosit in the Security National Bank and the First National Bank of Hopkins are shown on the Balance Sheet and comprise the above amount. We checked the canceled warrants returned by the banks for the year ended December 31, 1939 to the Clerk's disbursement record. The recorded receipts wore traced to the banks as deposits by comparing the entries in the records with the deposits ap- pearing 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 various funds indicated by the records of the Treasurer were also reconciled with the Recorder' s balances OUR REPORTS AND CERTIFICATES ARE ISSUED WITH THE UNDERSTANDING THAT,IF PUBLISHED,EITHER THEY MUST BE 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 Villa _e of Hopkins Minn. Repor - on nue* Page 2 as at December 31, 1939. in Exhibit "B" we show a summary of the fund balances and also a reconciliation of the Recorder/ a Fund balances with the Treasurerqs fund balances as at December 31, 1939. Accounts Receivab11- 121112 The above amount is composed of water consumerslaccounts aggregating 391.49. These balances are in accordance with the records maintained by the Water Collector. Gas consumercqaccounts receivable amounting to 0.41.01, and con- sidered uncollectible, had been charged off in accordance with resolution of the Council. Consumers' deposits amounting to '03.22 and unclaimed had also been ordered, by the Council, to be charged off. Assessments Receivable Upon instructions from the Village Council, our examination did not include the verification of receipts from Special Assessments, hence the amount of Assessments Receivable could not be computed. Fixed Assets4IIIILI2t22 The various classes of fixed assets are shown on the alance Meet and are in accordance with the amounts appearing on our report for the year ended December 31, 1933 to which have been added the cost of a Speed Patrol amounting to A$926.10. Bonds and Im.rovement Warrants Outstandin.;--60 140.26 We submit in Schedules "A-1" and "A-2" details of the above liability. In Schedule "A-1" we show the details on each issue and in Schedule "A-2" is shown the amounts falling due in future years. We sighted all the canceled bonds and improvement warrants which had been paid during the period under review. Surplus- 283,122222 This amount represents the difference between the total assets and the total liabilities shown on the Balance Sheet, Exhibit "A" . Assessments Village of Hopkins, Minn. 77;ort-Continued Receivable are not included as assets for reasons previously stated. GENERAL We present in Exhibit "C" a statement of the receipts and disburse- ments of the General Revenue Fund for the year ended December 31, 1939 . In Exhibit "D" we show the Park Fund receipts and disbursements for the above mentioned period. The Music Fund receipts and disbursements are shown in Exhibit "E" . The receipts and disbursements of the Fire Fund are presented in Exhibit "F" . In Exhibit "G" we submit the receipts and disbursements of the Poor Fund. The receipts and disbursements of the Library Fund are shown in Exhibit "H" . In Exhibit "I" we show the receipts and disbursements of the Old Age Pension Fund. The receipts and disbursements of the Garbage Collection Fund are shown in Exhibit "J" . The receipts and disbursements of the Water Fund are set forth in Exhibit "K" . In Exhibit "L" we show the receipts and disbursements of the Road and Bridge Fund. The receipts and disbursements of the Special Assessment,Bond and Interest Fund are shown in Exhibit "M" . The above statements of recorded receipts and disbursements were compiled from the records maintained by the Villase Recorder. It was necessary for us to sub-analyze all receipts and all dis- bursements in order to prepare the aforementioned statements. l'he receipts of moneys from Hennepin County for taxes received Village of Hqpkins, Minn. Report-Continued Page 4 during the year were checked with the remittance forms submitted by the County Treasurer. We verified the receipts from licenses, permits, etc. by checking the stubs against the Clerk' s receipts record. Moneys received from dog licenses were verified by reference to the detailed record of dog tags issued. We verified the moneys received from fines by checking the dockets maintained by Justice of Peace, Foley. Filing fees paid by candidates filing for offices were also verified by reference to the stubs. The disbursements were test checked with the verified claims and/or with the authorizations appearing in the minute records. We sighted the insurance policies in force and found that fire and tornado insurance are being carried on the Vinare Hall, Library arid. Contents. The Water Tower is also covered by fire and tornado insurance. The fire trucks ere covered by fire and tornado insurance ; however, they are apnarently not covered by public liability and property damage insurance. The Ford Pick-up Truck and the Dump Truck are covered by fire, theft, property damage and liability insurance. We found that workmen' s compensation insurance is also in force. Mr. Frank M. Whitney, Villaer,e Recorder, is covered by a Fidelity 3ond in the amount of e1,000.00, and Mr. A. W. Elmquist, Village Treasurer, is also covered by a fidelity bond in the amount of 45,000.00. Herman A. Olson, Water Collector and Utility Man is also covered by a fidelity bond in amount of '4,000.00. The Village Council had designated the First National Bank and the Security National Bank, both of Hopkins, Minnesota, as depositories for Village Funds. The collateral security provided by the banks is as follows: Village of Hopkins, Minn. Report-Continued Page 5 Securitz_National Bank-Hopkins ( a) Village of Hopkins - 4% Sewer Warrants dated August 1, 1935-Nos. 6-8-10-due January 1, 1942, 1944, 1946, respectively, 9th and 10th Avenue North Projects- 3 $270.50 6 811.50 (a) Village of Hopkins - 4% Certf. of Ind. dated August 1, 1935-Nos. 6-8-due January 1, 1942, 1944, respectively, Eiter Project 9th and 10th Ave . North. 2 @ $304.20 608.40 (a) Village of Hopkins-Sewer Warrants dated September 1, 1935-Nos. 5 to 10, inclusive,due January 1, 1940 to 1946, inclusive, respectively- Project No. 5 6 (e4 ' 448.00 2,683.00 (b) State of Minnesota-2-3e% Public Relief Cert. of Ind. due February 1, 1941 - 1 @5,000.00 5,000.00 (c) Home Owners' Loan Corp.-21% Series G-Due July 1, 1944 7,000.00 (d) Village of Hopkins-Certf. of Ind.-Water Main Dated No. due January 1, 1943. 1 @ 447.00 447.00 (e) Village of Hopkins-Certf. of Ind.-Water Main Dated No. due January 1, 1944. 1 @ $853.60 853.60 Total Deposits not to exceed . 10,000.00, Federal Reserve Bank, Minneapolis- (a) Receipt dated March 20, 1936. (b) Receipt dated November 30, 1936 . ( c) Receipt dated January 29, 1937. (d) Receipt dated November 1, 1939. (e) Receipt dated November 1, 1939 Above auGmented by c,;50000.00 Federal Deposit insurance Corporation Insurance. First National Bank-Hopkins U.S. Treasury bonds of 1944-46-3*% due April 15, 1946 $ L000.02 Total $ 7i0992L22 Deposits not to exceed .40,000.00, Federal Reserve Bank, Minneapolis- Receipt dated April 13, 1936. Above augmented by -e5,000.00 Federal Deposit Insurance Corporation Insurance . Village of Hopkins, Minnesota Report-Continued Page 6 No entries had been made to the general ledger accounts during the past eight years except that as bonds and certificates of indebtedness had been issued and paid, entries had been made to these accounts. In conclusion, we wish to express our appreciation for the facilities and courtesies extended to us during the course of our examination. Respectfully submitted, E. E, NOREEN & CO. By 4 dq"' • " - Cor - e. "u. ' c AeCountan7----- , Village of Hopkins, Minnesota EXHIBIT "A" BALANCE SHEET As at December 31, 1939 ASSETS Cash in Banks(net) General Fund 5,377.93 Water Fund 5,264.18 Road and Bridge Fund 37.89 Special Assessment, Bond & Interest Fund 4Ifr •620 66 Water Fund-Water Collector' s Account 521.30 $ 15,821 .96 Accounts Receivable Water Consumers 391.49 Assessments Receivable Upon instructions rom the Village Council our examination did not include the veri- fication of receipts from Special Assess- ments, hence the amount of Assessments Receivable could not be computed. Fixed Assets Village A7110 Equipment and Land 22,341.03 Parks, Playgrounds and Equipment 8,716.98 Fire Department Equipment 16,750.00 Road Equipment 13 316.40 Sewer System 71p 0 751 27 Sidewalks, Curbs and Gutters 33,196.42 Streets, Crossings, Paving and Roads 65, 507.60 Ornamental Lights 10,827.38 Tater Plant and System 77,255.90 Ford Truck 537.00 Gas Plant j432.82 333,632.80 Total Assets 349,846.25 LIABILITIES Bonds and IM.rovement Warrants Outstandin' Scnelu-es A- an,- ' A- S 66,140.26 Surplus (Current and Yixed) 283,705.99 (Difference betweenAssetsand Liabilities shown hereon) Total Liabilities0°46 25 .,6 I Village of Hopkins, Minnesota EXIT:11'7T "P" SUMMARY OF FUND BALANCES AT BEGINNING RECEIPTS AND DisBuR07±11.17---"— Iii (3 '!'EAR l',1,70 ';'1 ) 2"A ,,A1':: AT T.,..I fr L . s Fund Dis- Fund . Balances Receipts hursements Balances 1-1-1939 1939 T'ota1 1939 12-31-1939 Genell*31- I' d A ---General 0. -Revenue 2,625.03 25,575.10 ' 38,200.33 ' 23,760.76 314,430.57 Park 1,615.16 2,462085 4,277.99 1,851.17 2,426.82 Music 809.02 750.50 58.52 1,058052 Fire 821.24 4,278,20 5,099,44 2,203.36 2,896.08 Poor 1212 ).G0 10,124,64 2,174.90 11,067.12 13,242.08 Library 24.17 10580.29 1,604.46 1,555,69 48.77 Old Age Pension 939.77 17.96 957.73 - 957.73 - Garbage Collection 13.50 602.23 695.78 319.49123.71 ••••••••••11.0••••••••••••••• Total-General Fund 3,130.45 43,471.30 43,602.25 43,224,32 5,377.93 M....... Water Fund 2,256.42 14,150.14 16,406.56 11,142.38 5,264.18 oadand Bridge Fund 25.34 11,192,52 110213,36 11,160,47 37.39 S-)ecial Acsessent and Bond In-o:-, :L7 6 ' 409 90 •0...1 t 042 263 7 °5A 67° 07 21O57.41... ._.. ....L. ....... s_ 4 0 "6°0•66 otal-All =. ,aa ...„ 2.. L°1'(')°5° A v°6'604";:)-6, ?'4.1‘ iirll6Ln=12, .9.-,.......c.,....d t RECONCILIATION OF RECORDER'S FUND BALANCES INI T.::. Tr-L, S u R2 1Z S i,' ' NI, lan A C E ...4' 13I °ecerls" 1-44 Treasurer' s Out- Recorder' s Fund standing Fund Balances Warrants Balances . _ General Fund 60301.96 924.05 5,377.93 vater Find 5,394.13 130.00 5,264.13 Road and Bridge Fund 105.39 67.50 37,39 Special Assessment Bond and Interest Fund 6 A 20 66 -..!..-c , -0- 4,i62061 41..C.9e19,05......1••1111 Totals 3164,422.21 '- j....4121.55 45,300.66 Note: Water Collector' s cash in Bank amounted to : 521.30 as at December 31, 1939. This was deposited in the Rezular Vi;ater Fund Account in January, 1940, Village of Hopkins, Minnesota EXHIBIT "C" GENERAL REVENUE FUND Page 1 STATEMENT OF REGOLWED RECEIPT Md) DISBURSEMENTS For Year Ended Dec=6777771939 Receipts Taxes $ 14,086.81 Licenses 8,736.35 Permits 209.75 Dog Tax 116.05 Fines 302.00 Mattress Destroyed 3.00 U.R. & M. Workers 12.00 Filing. Fees-Candidates 11.00 Street Repairs 42.00 Refunds-W.S. Nott. , Et al 6 .41 Telephone Commissions 1.05 Miscellaneous .25 Refund-Compensation Insurance 27.43 Sale of Lot 50.00 Transfer from Water Fund 360.00 " Road & Bridge Fund 600.00 Proceeds-Sale of Bonds 1,000.00 Jmitor Fee 5.00 Use of Steamer 6.00 Tot-1 Receipt.; 25, 575.10 Disbursements Salaries: Recorder $ 900.00 Attorney 360.00 Treasurer 200.00 Assessor and Deputy 377.50 Health Officer and Milk Inspector 152.50 Mayor 430.00 Trustees (3) 21.222±22 3,550.00 Lighting of Streets and Buildings 6,286 .90 Insurance 766.92 Labor 911.10 Supplies and iiaterials 1,026 .93 Printing and Publishing 377.46 Postage, Office Supplies, Etc . 135.67 Killing Dogs 186 .00 Telephone 76 .45 Miscellaneous 37.77 Legal ervices 149 .80 Totals (Forwarded) 13, 505.03 0 25,575.10 Village of Hopkins, Minnesota EXHIBIT "C" GENERAL REVENUE FUND Page 2 STATT,ENT 0 7{E"9.DED RFUTPTs, ANT) nIFBURSEMENTS 7-)1 lear , /le December 0 , 9- * Total Receipts (Brought Forward) 3 25,575.10 Total Disbursements (Brot Forwardt13,505.03 Disbursements (Continued) Cleaning and Opening Sewers 181.20 Repairing Sidewalk 149 .45 Gas 13.66 Justice Fees 7.00 Convention Expense 39.50 Clerk and Treasurers Bond Premiums 294. 0 Dues-Hennepin County League of Municipalities P Towns 10.00 Dues-League of Minnesota Municipalities 50.00 Old Age Pension-Hennepin County (Part) 186.27 Audit 100.40 Special Assessment File 125.00 Election Expense 104.00 Refund of License-John J. Moran (Duplicate Payment) 100.00 Refund of Gas Station License-Francis Ulan 20.00 Refund of Fine-']ar2 Baker 5.00 Donation-County Fair 50.00 Engineering Services 39.00 Annual Appraisal 25.00 Speed Patrol-Model 42 1,926.10 Transfer to Road and Bridge Fund 1,000.00 Transfer to S.A .E. I. Fund 1L000z00 18,031.11 Police tvartmert 2,alerios-Policenen 3,540.00 Salaries-Special Police 0 7 011.13 . Alarm Service 195.00 Police Matron 20.50 Car Expense 11.80 Meals for Prisoners 10.45 Laundry-Jail 6 .94 Miscellaneous 12.80 4,833.65 Totel Disbursements 23,769.76 Excess of ,:',eceip.1.2...a2ELifJyrso.,_ts e 1a805.4 momm====== FUND RJCONCILIATION Balance in Fund-JanuaryLL12L 12p 623.23 e Add: Excecs of Recelptv over lAsbursements1 805.04 Balance in Fund-December 31, 1939 .114, 437 mm======= Villa7e of Hopkins, Minnesota EXHIBIT "D PARK FUND STATEMENT OF R:]CORDED RECEIPT AND DISBURSEMENTS For Year Ended December 371.1.132 Receipts Taxes 1,832.03 Rent-Dow House 600.00 Buzzer 17.30 Tennis Court Repairs 13.50 Total Receipts $ 2,462.83 Disbursements Labor, 777rials and Supplies at Parks and Skating Rinks 1,851.17 Total DiSbursements 1 E;51 17 Excess of Receipts over :Disbursements FUND RECONCILIATION Balance in Fund-January 1, 1939 $ 1,815.16 Add: Excess of Receipts over Disbursements 611.66 Balance in Fund-December 31, 1939 $ 2,426.82 MUSIC FUND EXHIBIT "E" STATEMENT OF RECORDED RECEIPTS AWD DISBURSEMENTS For Year Ended December 31 1939 Receipts A Taxes 0 750.50 TotaleceiPto 4 750.50 Disbursements Hopkins Municipal Band Concerts 1„00C.00 Total Disbursements 1,000.00 Excess of Disbursements over Receiots 249.50 FUND RECONCILIA121014 Balance in Fund-January 1, 1239 $ 809.02 Deduct : Excess of Disbursements over Receipts 249.50 Balance in Fund-December 31, 1939 1.9.58O2 Village of Hopkins, Minnesota EXHIBIT "F1' FIRE FUND STATEMET,T OF RECORDED REC I 'DAND DISBURSEMENTS For Year Ended December 31,1939 Receipts Taxes 3,645.70 Fire Calls 607.50 Refund of -xnenses-Delegates to Convention 25.00 Total Receipts 4,278.20 Disbursements Falary-Disnatcher 195.00 " -Steward 130.00 " -Warden 250.00 %,4 Firemen' s Calls-Services 768.001141 . Telephones 510.00) Telephone 55.35 Gas, Oil, Supplies & Miscellaneous 83.03 Coats & Boots 58.00 Insurance 53.98 Fire School 50.00 Convention Expense 50.00 Total Disbursements 2 207 36 Excess of Lloceints ovPr Disbursements 2,074.84 FUND RECONCILIATION Balance in Fund-Januar- 1 . 139 821.24 Adc t,xcess o _Lecelpte over Disbursements 2,0711.8 Balance Ln Fund-December 31, 1039 '1' 2 896.08 e POOR FUND EXHII.i "G STATEMENT OF RECORD RECEIPTS AND DISBURSEMENTS 77-77777Waed December 31,1939 Receipts 'axes 5 3,428.02 SewinE, Projects-W.P.A. 128.68 Payments Received-Extine Contract 100.00 Hennepin Co. Welfare Board-State Aid 1,40.94 Joseph S'honkl-Refund of Relief 11.00 Fatal Recei 10,121.64 Disbursements Suburban nenn. Co, Relief Board 8,678.73 Henn, Co. Board of Poor Relief 914.50 Rural henr . r (-). Surplus Commodity 426 .56 Other Poor Relief Expenditures 937.95 'ewing Project 85.38 Recreation Office Expense 24.00 Total Disbursements 11 067 12 Excess of 716''ursemEn2322ELEL2212L2 FUND RECOIXILIATION Balance in PI-lad-January 1, 1939 $l2,29 .60 D:s9ursements over Receipts 942.43 Balance in Fund-Pccemb(-r 31, 1932 1 Village of Hopkins, Minnesota EXHIBIT "h" LIBRARY FUND STATEMENT OF RECORDED RECEIPTS _AND DISBURSEMENTS For Year Ended December 31,1939 Receipts Taxes 1,580.29 Total Receipts 1, 590.29 Disbursements alary-Librarian and Substitute 935.00 Books, Magazines, Supplies, Etc . 593.69 Cleaning 27.00 Total Disbursements 1 555 69 Excess of Receipts over Disbursements 24.60 FUND RECONCILIATION Balance in Pund-Janry 1, 1939. 24.17 __- Add: Excess of Receipts over Disbursements 24.60 Balance in Fund-December 31, 1939 46.77 OLD AGE PENSION FUND EXHIBIT "I" STATEMENT OF REC.5DED RIMIPTS AfTt DISBURSEMENTS For -ear in 3' December 51 . 90' Receipts Taxes 17.96 Total Receipts 17.96 Disbursements Hennepin County ( Part Payment 957.73 Total Disbursements 957.73 Excess of Disbursements over Receipts , OL'oat FUND RECONCILIATION Balance in Fund-Januar _ l.....1232 939.77 Ded7.7,17T-tx6ss of ;Asbursements over Receipts 939 .77 Balance in FUnd-December 31 1939 -0- Village of Hopkins, Minnesota EXHIP,IT "Ja GARBAGE COLLECTION FUND STATEMENT OF RECORDED RECETI-=, 12:ID DICBURSEMENTS For Year Ended December '1 1939 Receipts Taxes ') 674.7C Tickets Sold 7.50 Total Rece1ts 682.28 Disbursements ()arba& Collection 799.99 Tickets Redeemed 19.50 Total Disbursements 819.49 Excess of Disbursements over Receipts 137.21 , FUND RECONCILIATI3N Balance In :and-Januar- I. 1939 $ 13.50 De.uet : Excess of 7.- s 'ursements over Receipts 137.21 $ 123.71 Balance in Fund-December 31, 1939 Village of Hopkins, Minnesota EXHIBIT "K" WATER FUND STATEMENT OF REGORDE5 RECEIPTS AND DISBURSEMENTS For Year Ended December 31 1939 Receipts Collections on Water Bills 4 10,508.69 Meters and Supplies Cold 373.50 Permits 144.75 Proceeds from Sale of Bonds 2,000.00 Transfer from S. A.B.I. Fund-7 .P.A. Projects 1 117•20 --2 Total Receipts 14,150.14 Disbursements Salar7-Superintendent 1,740.00 Salary-Assistant 1,330.00 Labor 285.36 Power 10926 .95 Supplies 288.21 Repairs 27.42 Meters 505.63 Miscellaneous 29.65 Interest Paid on Bonds 68.75 Sponsor' s Shore of W.P .A. hater Project- Peaceful Valley 2,530.36 Transfer to General Fund 360.00 Transfer to S .fk .B.I . Fund 2 000.00 Total Disbursements 11,142.38 Excess of Receints over Disbursements :v 3,007.76 FUND RECONCILIATION --77. - Balance in Fund-Januar, 1 1939 2,256,42 A , Excess of Rece,pts over Disbursements 3 007.76 Balance in Fund-December 31, 1930 c6,! 18 Village of Hopkins, MInneota EXHIBIT "L" 1 ROAD AND BRIDGE FUND STATEMENT OF RECORD fr.) PO =T;.; AND DISBURSEMENTS For Year :Ended Deeember 31 . 1939 Receipts Taxes 9,466.33 School District No. 19-Haulinr! Snow 39.00 Mpls. Gas Light Co.-Street Repairs 263.35 Other Street Repairs 218.50 Sewer Permits 76.00 Hennepin. County-Miscellaneous Services 35.00 Gravel Sold 12.09 Expansion Strips Sold 1.25 liefun of Overpayment 3.50 Special Assessment 7und-Use of Truck 32.50 Transfer from General Fund 141 000 00 Total Receipts $ 11,192.52 Disbursements Salar7-nmnissioner 1,620.00 Street Labor 2,069.40 Team Lallor 91.00 Gravel 671.31 Road Tar a,267.43 Oiling 353.50 Grading 1,463.60 Snow Removal 1 ,701.83 _ Repairs 213.16 Gasoline, Kerosene & Oil 525.39 Traffic 3ignals 132.53 Supplies, - aterials, Calcium Chloride and ! Miscellaneous 389.92 Insurance on Truck 61.33 Transfer to General Fund 600.00 Total Disbursements 11,180.47 Excess of Recei,pts over Disbursements .1 12.05 FUND RECONCILIATION Balance in Fund-January' 1, 1939 w 25.04 Add: Excess of Receipts over Disbursements 12.05 Balance in Fund-December 31, 1- 39 37.69 . , 1 ! Village of Hopkins, Minnesota EXHIBIT "M" SPECIAL ASSESSMENT, BOYD PND INTEREST FUND Page 1 STATEMENT OF RECORDED RECEIPT Afl' DISBURSEMENTS 17(777717EFF177767 ,31 1939 Receints Taxes-Special Assessments from County 0 14,095.42 Proceeds from Sale of Bonds 1, 575.96 TT IT IT H IT 460.68 11 TI 11 11 11 1,349.51 IT IT TT IT N 1, 476.00 Assessments Collected by Clerk: C .M. & St . P . Ry,-Water Main AssessiTent 385.25 Hennepin County-Snecial Assessments 1,333.28 J. B. Shirley-Special Assessments 112.31 John Rickel-Water & Sewer Assessment 106 .65 Don A. Donovan-Sidewalk & Curb Assessment 73.73 Andrew Arness-Tar Assessment 6 .50 Robert G. Melcher-Tar Assessment 6.50 Frank Koehnan-Tar Assessment 6.50 Transfer from ueneral Fund 1,000.00 Transfer from Water Fund °, .000 00 .--, rilrourer of U.S. for W.P. A . Materials 277.88 Total Receipts ()it 2C8,17 g.. D . Disbursements Paving Bonds .-Iedeemed 5,976.29 Sewer Warrants- " 270.50 11 IT 11 448.00 Water Main 77arrants-Redeemed 173,20 11 IT H IT 456.00 H ft It II 143.00 11 IT I! ft 304.20 11 II 11 TT 447.00 IT II TT It 135.00 Water Main Extension H 142.00 11 IT ;T It 135,00 Water Main Warrants 11 420.00 TT ft I? 307.00 11 It IT IT 356 .50 Park-Dow Bonds 11 1,000.00 FI,.5',.ewalk c”,': Curb 7!arrants Redeemed 460.00 1 IT IT Ti II 304.00 Tarvia TreatmIi en Bonds1,747.00 II IT SI IT 351.73 Sanitary Sewer Extension Warrants Redeemed 115.74 Total Bonds and Warrants Paid(Forwarded) 11,765.16 1 . ! Village of HopkIns, 7innesota EXHTJ,Tm "H" SPECIAL ASSESSMENT, BOND AND INTEREST FUND Page 2 STATVMENT RECONDET) RECT-IPZ:= 4N: DIS=SEMENTS For Year Ended r)ecember 31,1939 Total Receipts (Brought Forward) 4 24,268.17 Total Disbursenents(Brought Forward) v 11,765.16 Disbursements (Continued) Interest Paid on -Ponds and warrants 1,013.38 Storm Sewer-Costs 627.59 13th Ave . No, Sewer 6.00 1939-Tarvia Oiling 159.6e 7th. Ave. So, Vater Costs 816.55 1st St. So. Tt 503.90 17th Ave. No. " 662.98 - 7th Ave. Sewer Extension Costs 016.82 Paul Lunquist- idewalk 221.00 11 387.92 242.56 W.P.A.-Materials, Supplies, Hydrants, Payments to U.S. Ireas, Etc. Ao 036.91 S Advertising, Publishing Printing 152.00 E. J. McDonald-Gravel for Alley 8.80 W. S. Nott Co. 12. 59 Refund of Water Special Assessment-Frank Srrykol 11.57 Total Disbursements 21 057 41 :xce3s or AcceiD*6s over '21sburser,lents 3121 .70 PUTT RECONCILIATION Balance in , und-Januar- 1 . 1939 1,409.90 I Asd: Excess of aeceiots over Disbursements 3 210 76 Balance in Fund-December 31, 1939 4 62C 66 0 0 000 000000 tC0 0000apoto00 CICc0C0o0 0 t9 0 Cc0C #00‘1,n00 10000000L00000020r-too N 00) • • . . • • • . • . . • . • . • • . • • • • Ori 0 0NC'+ N0 Cra1900 000010 C0C rt 1�40T OV!'" 0 K14r)C) 0 r 0 010002 I I 1 ^.J 09X'1.0011.9 L 0i HI C+L�K'IC L:0 Ca 0C'C, )C 'CJ H ddH 13 co 1.000 s t9H0,10 -000+:)NP-17 10 c,2 0 O u)cr.C31)13 a rid ri N) w A w s w ., * 4 d • Cl H rt riNH Sr) 0H :)r1 H,-i0-1 ).1 3 ("� 0 rti ri 0 3 't$ (.-1 0 000000000000 000 001') i+ 0! q 0.) 020000.100020,000 000 001a- L H • r• .,t+0) i O a t')13030 L 100 s4 04001.- 1 0-10•01 1 0• 10x! 1 1') 1 1 t H 1 I I I 1.O 0) CO L 0-10' C30 u700 r•et,O3')• c$t')0 C01O r-! 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