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1938 City of Hopkins, MN Annual Financial Report VILLAG, Oi HOPKINS, til v a OTA YC—'i' ON .;AI I. Ai IL N r AC �Oj i 5 ANL Pti'COu S . �1 198 .:�"�� � v ll�13 1.3.1++ r�OR, Y r Village oi Hopkins, Moi sot _LW ibit - ghost as at :71xcember 31, 1 48, '2 i b t .. 'axmetryot Aced Bal ,nces-T]ec*mber. 31* 1 Z hi rit dentral Powenue —nec :i is and Distureements. Exhibit * Park cei .ts and Disbursements,. rabibit * gusto iUnd-Receipta and. Disbursements. Exhibit- sir* .. dare P -Receipts sad Disburzcmcnts. Xxhibit r Fund-Recei;A0 and Dist c=ats. *11' .. Library iund-Receipte and riSUMMIRMaktiliw ▪ Mbit .. Old Age Pension aM a ei t* end Disbursements,. Fshibit «. Oartmge CollectiJn incd..Secelpto and Disbursements. Exhibit 4F0 - ater tits lArid Disbursements. - htbI 1 R- naad and Bridge - e et is and Disbursements. ▪ .bi la s * w. Syscial Asse4aAent, 3ond and Intereet ?un, Receipts and Disbursements _ odds *410.10 fbncied Schede * * Winded indebtednec,s, horAng Annual ' rt iel6 ._ I i a & co. Munieipel Atcoouetents and Auditors June 17, 13g To The Honorable and 2enbi;re 3f the Vil1T-„,, Council, Hopkins, linnesota Gentlemen: In accordance with y :ur lastructions, wc have made sin *gemination of the books and acwunts of the Village of Rop4ine„ ninnesota for the year ended Ileac-ober 31, 1238 and herewith submit our report thereon, together with the attached Lahibitg snd f;chedules as enumerated in the preceding index. e did nit examine tLe eci1 ssessments Records upon specific iuttractins ,74 the Village Council, The following comments will have reference to the items appearing on the tno sheet, Zxhibit "JO. 441/q''-47-440.18 The balances in the various funds maintained on depc1Lit i the Security National Bank and the ,Arst National Unit of 140:4ins are shown on the ence -741eet comprice the above aa-unt. Te checked the c - ncelQd warrants returned by the bemze for the year ended December Z1, 1J38 to the Clerk's disbureement record. The recorded receipts were traced to the banks as deposits by c,$mp*ring the entries in the records with the de:pa:sees ap. peering on the b,..Ink statements. The bank Valances in the varitle ar shown by the Recorder's books were reconciled with the boAancee in the respective funds se ah,,nn by the bank st- tements, after giving eff,::ct to warrants outstanding The balances in the various funds indicted by the _ records *f the Treasurer MOO also recilmAled with the 'ecorderoa h%lances no at December i, 1:43e. in Fohibit *B* we sh4* a suarAary of the Lund balances and also a reconciliation of the Recorders* ?and balances with t ireasureeo fund balances as at Dec,mber 310 Is3e4 The be amount is eMposed *f eater consumers accounts aggre- gating i88-7,.12 and gas consumers accounts of 4141.01. Theee balances are in accordance with the Monde maintained by the Inter collect)r„ it is spparent that the gas consumers accounts are uncollectible aa no collections were mode during the past year, and very little h7td been collected dari3g the several years prior to 19446 Te would suggest 'that s:),rse disp ,sitin be td s qf the*, accounts during the Current Yes.14 - - upon instructions Ivia the Tillage Council* ion* Manination did not inelude the Terific.Ainn of receipts Iron Asessasents, hence the Mount of Aeoemments 7scivab1e coed it be cputed. " " - 7T 7 The various classes 01 fixed *sesta are eh : fl an the o%lance sheet and are in accordance eith the amunts apJearils on ,:,ur report for the year ended riec4-or 31, 1937 to Abich have been added the cost of a :.:„.sed Patrol amounting to L104614CK4 rv:I)0T3 This amount repre. : i t t-1 am:unts due to 1 -dividwAl gas consumers for neter deposits. e submit in Schedules *A-1* and *A-,.7,0 details of the abose liability. In Schedule *A-1* we show the details on ea4b left* and in Pchedule *A-2* is ottArn the amount* falling due in future years. '20 sighted : ate .7: Cont .114C i the c . i bands d and improvement a zrants fi' ich 4,,Ad been paid during the period under review. =1 -,!.031.06 this ata)unl represents the difference between the total assets and the total liabilities o n the Balance e t* Elthibit *A*. Assessments Peceiv4ble art nat included t for VelleVIS previously stat k ,�lCSR� ,r5 1, _-eL re present in , h it *C* a et i m ni of the receipts and di :meets of the 06neial Pevnue Fund for the year ended D " 3, 1 . In ibit * e the park Fund receLle end disbursement* for the menticined ria4. The „..asic ruin resei, te -nd dieb4tseneateten in --xhibit 47:*. The receipts .i ec e to of the Are ound are presented in n Mbit * % t reseicle end di to of the • Arad. The receipts anu disbursmaimato of the Library reed are 4b-mn in i i i *H*. In .0hibit maw the reccits awd disburatmentsof the tge " . i'. n iund. receipts :i s r ni of e Garbe Collection land ars in Ellibit *J . The receipts and disbarseQentsi the later Funa are t forth in • boli * *. In a hi it Lthe recetate and disbursements of the Road • Rriage Wim.. The i-yi And disburse* nts of the 4eciel Weesmento Sand tett Auld ars shIwn in xhibit * *. 4y 5Asa The shove statements of recorded receiptsand diehursements were samPiled frommaintained by tba 171.111140 "pec;leer. /vitas mooessaryr as tl malp.onA1170. all receipts 1.1 41100, bureenents in order to prepare the a nti strAerients. the receipts of from in City for t4Xes received Oaring the yemr were checkedMite the remittance tt loran submitted by the County Treasurer. verifiedreceipts : licenses. parzate. etc. by sheeting the stubs against the Clerk'sit* reeord. received from dog licenses were verified by reference to this detailed record bf dog tags issued. 'e verified moneys TeCeiVdd irom fiass by checkine the dockets maintained by Jeetice of Peace relay. filing fees paid by candidates tiling for office were allie4 ITOrlfied by reference to the u . The die MT* mt she-egad with the verified claims /or with the mathorizatione appearing in the dmfs rrc: . 'e sighted the insurance policies in fore found that fire and tornado insurnce ere being cared on the Village Beall, Library and Contents. The Utter Tower is also covered by fire nni.2 tornado insurance. The fir trucks are covered fig sal tornado insurance; however, they are apnrently not covered by pUblic liability and property damace inelotraltefe. The fordTruck the u rump `. rAck are covered by ftp, 'heft, property d _. . and liability insurance. e found that workmen's compensation ineurwles is also n is iran4 _L i t , Village Aecorder„ is covered i t it ' bond in the amount l 41.000.00. r A. . e-1 qt n t, Village Treasurer, is els.') cevired by a fidelity bond in the amount of 416,000.00# 1-1.02134U A0 Olson, :ater Collector and Utility Il is also coved by a fidelity bond innot of 1, ,I17r*ICitiMirM Tae Y :1 *e Council bad desigated Wee girt Vational Bank and the Soeurity National Sank, both of , Minnesota, as depositories for i funds. Zan collateral c rity provided by the boatel i* a foUo'ss (*) 'Mag. of Hopkins- 41 Sewer warrants dated August 1, i s. 4.4-3-10-due i, , 1942, i 1246 rs tiv i , eta and 10th avenue North Projects- 1 (a) Villkgs of Hopkins 0 cel. of Ice« dated August 1, 1;135-Nos. 4..6-6-due January i 1940, 1:142* 1944* re- spectively* -s . ,tine , ater j i, 9th end 10th Noah- * :3:204.20 912.60 VII; o :op:tins-Sower arants dnted Deptember I, I "..:-.Ns. 4 t:. 10 i i i J r i., 1 . 1e46 inclusive respectively-project No. 6, 7 . ;446.003,136.00 (b) a i i 4Public 1-4411el Cel. ot Ild, due eebruary 1, 41,* 15,000.00 to) a v; Loan Corp. Series 0.-tue July 1, 1E44 lata sitsreposits set ts exceed 418,000.00, federal s: e &mis, i its (a) _i rah 20, 1936. (b) i : November , 1936. (c) },-int doted Jamuary9, E13?. Able aug,3eated by 46000.00 federal Deposit lasuralce r 3r ti ;sn Insurance. . °_. ... as U, ft. Treasury Bqads ol 1944.0164e% April I 12111 4. -, i Deposits not to . i0, . , Federal e mak, . - i.i ii d.,zted April. i , 1936. Above augmented by , Federal Depen In r " yi4 , r M `;. entries had been made t)-- ther .e ? accounts daring the prset seven yeIrsa cce WA b4nds *rid certificates 01 indebtedness hut been issued au! paid* entrte. bag been antic to ttiefie nee-4)=W. n conelasinat, eit *Isl. to express our spprecition far the tskeilitiee and courtesies sstesied so us ding the ems. of oar ex amilittti, , Respectfully submitted., Z. Z. NOAKEN Co. By to,e1 c *sea= ,n village of /Jent ns* Iiiraiesota, e.v ;" ` it AS At * 19Z8 s . ; '' 4 3,130.46 , , 4,2 Bridge g 4 ial - it, a. and I Auld 1 Vater - ter 11 i r's z< t ,p -; 7,460.68 a r • , vesters 't4« 2 Gas Eon : er 1 -n e n t tr o rom the Vi11::.ge Councii our et,,-,ination did 5t iaelude theearl- ficatian receipts from Special <'; flea- Sento, hence the amount ,.,a` ' Peceivable mat be competed. 7064 44,451 Village 7‘.-41 nt and Land 03 Parke, :` . ygtea.a t snesse __ ,71. -i part: .t 16,70,00 d tgaipitent 11,390, .30 newer stem 71,751.27 'ialCurbs >. *Mete 33,196.42 rtreets, Crossings* Paving and Rotes SS,507.60 Ornamental Lieat* 1€ 837. n '1 t and -y to ' 7`7, .90 Void -T-ukek 537.00 Total tats itiLaaatia ' . , A-1* anq * . 70,178.43 DulC r nt 4� ) a between Asses Liabilities 93L 66 --vn hereon) Tom tftsbicl%ties $ $40A 40193. S1 Tillage of Hopkins, Minnesota Lag-r4aT, *a* _1 s Receipts '', ,refew4ot .4-, anste Aka --!3 Nur;cat. _Al'A Gentral 4:evttnue ,:and 41,668. 2O 24,4 .284, 4-36,161.46 423„E36.25 412,66.23 Park Pand 451. $ 31687.48 4,139.06 2,323.90 1,si 6.18 gaols: Fund- 3‘/. 31 301.35 4-9, ock ?50,00 yoq, 409,, Fire Fund 94/. 77 3,878.38 3,ais.a 21 o,:i 5.27 L492 Po,,,r 'gt„Ind /0/ oy7-4-9 4#805.70 ..,-, ,-?513•Y9 ?*OS%71 /g, • Libr-,ry fund 13. 75 1,557.04 11570.77 1 , :,-i4,7,„SO 24. 17 Old Age Benefit rand 482,& 457. OS c;39. 77 - 939.77 Isrhage -Collectin turd ......z. lais.po let%42- 172.3n- , - ,.. n a7-7,1eera,.-..-. ?''%ad 1, 738.47 SS*374.31 40,610.68 37,40. 23 3 1----0.4', t -7ater Fund 3,803‘:.40 10,824.6a 14,638.08 12,371. C'') 2,-;:,-56.41 road, nd 334dike '4:47 -'41'746, -47. -4 10,503.36 11,050.BO 11,02FL.Or) r Dec L_: A .,'.:*le asen-, elm ;.,, . ',7.:ntt re s tjund a .,Z8 11aluIt.„'..14' 37,7:12.46 /.409.90 i,q'.---. :,4... .11 ,;: ,40,,,, ''''lliti -i-- ;:g4-..5.717,7o410b.144 y- CO! ., ..AT r177 -,e,-F r. 1 !.77, rmr, L-..:.vg: :.'4-c.,:•. - i1 4:--:, Out.. :Reno re...le rt s t -,ndi nz Fund -- ,.,..:r 7*-,,,,74,11 - 2.4 1C;C,,•.S, ‘;.;'..;..4.-1....--......:.. enra1 id -•.' .- ter :FUnd 1,..,- 2,.:,-,.7.,, 12.50 Road and Bridge J und 93. 34 8?. 50 25.84 Special Ast-zesnt„ Band and Interest F MA 74 4 '-5.-.-60.5 14, 25 14,40. 0 T9 l'al. 1,41.541.a.' 7474_1_49 4 . $ .-n- yr. ]: •:: ater C4lit start s Cash in, Bank am-,,unted ti $138.07 as at December 31, 1938. This was decosited in the Regular '. elter nand Account in -,--anusry 1839. Village of Ropkins, Uinnetota '..i, .,, ' ,,,,4 :1,,i, . , - z-_, ,,,, :3;1-,,: ,-_ "I .41.,_ It-°;"; .,:t.! ij•$::. - ', -;or Ye sr 7..4 ,d -4,ceaber ..a. 19-- - 111.glial Tses 1?0575. 76 Licenzes 10,187. ,80 Peruite 206.00 rog Tex 208. 70 Filftee 33t%00 Ileisburseuents for treet l'-,levi-iring 127.00 Peisburseuents for Curb and ;:ideittake 73.31 S. A. B. T. Fund-7,,,,. of a'...::,:ai faent 642. 50 Filing Fees-.'andidates 15.00 7e1und of Couensati:)a Insurance 41.33 3anitor ','7,erv1ce...U.'. & 4. =IorkeIrs 48.81 Miscellaneous 30.87 Telphone CoAssins .........-.44.1.1 Takal riev4Rts 424,4a5,28 ill_ 124 -tts lerieS: - Thscoracr i 7b0.00 Attenny ( Including sees) :.:Y67.70 Treasurer 200,0U ASVASSOT sad Ntputy 6-0 .50 :fire '-',1114.612 ZW„W.. Fealth nfficer (including ieds) z07.50 14-ay:Jr 4,40.k)-.) Trustees (3) 00,00 31, 77.7Ci. , Lighting of =Arcata and Buildings 80. 31. 52 Tana-rem* ,4-1,74:i.9. 73 Labor 1,061.37 Supplies and materials 990. 49 PrintiAg ,.- , Publishing 386.78 Pest,gcs Office 9upplice :to. 180.17 tilling Dog* 320. 00 (Al tte4 1B4% .q5 Truck !Ire 82.00 Telephone 65.1,7 iscellanc,us 86.28 Fuel 371.05 Professional ,fees 75.33 rues snd Yost Q 55.00 rngineers Fees 42.00 C:!-neention 5Apentse'4eeorder 25.00 Bicycle Li(ensee 25.00 Repairing Sidewalk 73.31 Refund...Cleanup Csapsiga :ixpense 71.20 Election TEwense 680. 25 Rennepin County Agitc4itara1 eociety 50.00 Cpsed Patrol for ,r7treet8 1,536.00 - Trmnsfer to 7ond and Bridgv . , 14t0,1 ( _ orrzarded) VillesP of Hopkins* Utenesota t .` . . or i ri° _ s d • s c 4.:•.latie r +",. d it Z.,, , , „..- % o tib) $241435. 3; ii--p4-_ 4 t For' .d) 418,910.35 , ;t (t: r rifted Saler s-I-J.I. sezen -. 30518. 08 7 4 .el. .oe 530. 25 Ala= Service 135.0 Yale for ,Tisoners S. 15 Tl 's o„ i soollentout el y - to. 7 . 4 625. $ fes," ,� iw 4 0 ,.., aburri me ^' -FIST a .rt 14 k4713, x . ". 11,66& A44: & c of ;ec . # oV ' Di " a r .t. taxes F 1,703,Z8 row : roper%y Rent 50.00 3. r.a„ c; R $fiery-4 Property y Ali"' .? 4 3,687.48 Pi°4411."%if Lab-or„ rt.ale a u "=i i e at Parks, Skati Rinke ate* V' Ai -N;. K 4.. Fes." 19 *$ 451. n ;Aid: Tkcess of :: i over 7,:listrarviments Fft.H 2 IC IF44 Ira �* Isar E r ember I 3b .37 Add: .: _ :ectei t 5(5/4-t-5 501 tpVei , . — "w er, t . Village ot Hopkins, :41nnes,,:,1„- vX72,114TT 4''''' '..14;..:...1.L..4.----a..... 7TR74: FINV Of RECOL-%:. 41,'':4-1-.-''''T ' . .i or Tear :1„4,-.M. .iJecer.-.--e r 41 t 1,-. .-4.; rtc,cett.e Talee , 3#373. 28 T I re Calls TQt3I letel7As 4 3,818.28 rrslory-risixatcLer 180.00 Pal nry,.... teward . 120.00. Vteen'a Cal s-Se=I-vices 1-7:98.00 Fir,:„=enic Telephne, Telephones Irtear,face 37. 70 Conntion and firSchool Cuppliee & -,j.i es.-nos* :Ett. 48,5 37 0 ILAlaita 2%q85.M 117.1cess 01 1.rectipts over Disbursement* 1.783.01 /4/. 77 ,..'.'4duct:t. 0 00es 0,... iReseipts over r4iebtrreemento 142/ /...._,3 01 Ti-,J•,,is.:e 14 f,?und-;:recen-.,,r 3--. 1938 R -,'42-:* vniniT *.T$ ..ior 7,eax 4ce teceriti-r a, 1-x48 lAvliVts Taste 4 44t40470 awing Prljete...TZA 140.00 Payet s Rece1,01.4stina contract A0gC9 Total fle-ceictse :,,,,,, 4,5.06. 70 !ennep--a County -,*liare Board 5,876. 55 rensepin County Bosrd at Home 67V.50 edical, iuneral and ther 11.penste 49' ,. 86 44.:4t.'144.' ;LtPs -:-.17 fa'1.44-ap0.4.-a s44re.--.: .044tis . . - -cy 7.,,,,,1 ,Alce. •i .:.', i4r4. 4;:11,?,?7, I '. 38 /a/oszy.-1 7 ADS: Lzcess Qi isbureements over Receipt* ih.:52.2L2. .1a- -_:snss -:.4 '4--.-4-,. neCe-44- 3_ L,::: ; •? /_______ 410111161101011160000w--7-77— --'-,--- Village of Hopkins. Iinnesota , ;1,1`€ tra WzroTe'r:z 71.'1-71 717.7 T 04 .. %.,--;;A:?-,. ? Tian end Assistant o , *nes, 1 0 ClOstang 41.00 fasursnee * ;ter D . r _ 111W d—i. c4ipts over rAsuarsaments , 44 r33,8 P. f s 1. 4'1* sa Y r Tars ndf ;- $G r rct 1"x''40 i rte+ °' _...M.7.4.21 ' ° . OS Szgiz ": 482.89 A* Yloseso *--., tpt . Y r 7.1,sbuirsements 44,7 • lip'„ r • A s " xw 7 For 'ear 1,.wrwllav _fie oftc x is W00 I .00 mitted Brad 174 50 x :. s10iebursaloa.nAli ft yrs of cv x=ptt over Diebursevierito 1'41.50 Village of Hopkinso 2innesot- eTrret 'T7 WOPP: Aox fear. Collections on Tlater Bilis 10,46%32 -,leters Sup;Aies Cold 170. 26 Persitg 00. 50 Insurance ee v e- 116 .60 i 10,824. 68 g arr..rrir ri,.�N p�,er ls.��awi -y ...-AperintendAnt 1,740. Assistant lona. Labor 20.00 1,012. 75 eupplies1Z4. 7? Repairs 019.24 Ueters 283.70 ASP sad Engineering ::crvions 54.00 Refund '$ 4.40 Interest n Bons 4040 12,371. 06 1 3 :. - Y _ µ 34903. 40 n dt ct: cess of !Disbursements over e( eip_t �Y Dalince in Nal . 1 Lopata., gime sett :,,,..1;,;:', S, ;7 1 ,: ; ' 80 94.7.14 .ins Light Co. Oilier 17. 60 Plowing rtta 4.00 t yet 'epairs 6. oo i . ia- iii. ..} ec i ' 8,.4 _ Transfer from Gtneral g Il _ . k :e to c t t tG , , .,,, 36 Ist L2*3i?„35 Te ,«bor 28030 *ravel Oil ing Misr. Grating 2*-362.31 Snow Nemow.g1 iv 303.40 Repairs 2 . 7 7 rat Uic Si U 14).17 Tra.ck and Tractor, Aan anti Labor 233.00 Aeronald. hovel and Track Adoitional 266.60 Surveying l777.00 Materials, -S :~1i C-ii, Gest Celsius Chloride 'Deduct: «taus o �1 r ttei pts 621." 171,1', -,-;-,r, .. :CA - - ^ 1'—T--- 0 r' tee a r .4,,..m, z. .1.2,,.. z 0010 SPeeifa Assessments wr0- f ct 13, -4. Proceed* from Sale of 41 , ; ..r 161 proceeds from Sole of Tar Oil 'iv:atment , n- b82.00 -`"ow s froz Sae- Sanitary 3eser . tY $gin Bonds '.70 7 seeds from esle of Tar :l11 Tr.etment :oz.$) 3,732.2b Proceeds fram Snle ot Sidewalk a Curb $tea e d ng _joist- x.1 "Aver Conerete i-roducte 4. 75 Pipe Ret * 0 * * 34. Assessments .- 1 est y 1 r : -Towle Co. Lots 18* 17, 18- 1 14, Int. PT-Ark 31. 57 Zak- 'Sidewalk Curb loe. o3 James (h: e1- rvia- Lot 1 Blk 88 1_ {1 ?1 1 :; 35,ass. 54 3i �xrae Pawingo. s Redeemed '1,#. 1 , 70 ter Terrents- ` °dee e 404'...„ 00 0 0 t 40Q. 00 ter n Bods a 177,.20 4 458.00 0 * i = A * 420.00 if 0 n 258.50 t 447.Ct 4 0 135. 00 row Nailding 3ondAs 1, Si.;: ,alk andCurb nds Redeemed 480. 00 r $ ?aryls "finds Redeemed 1,747. * 4 73-..,1„ 143 4 739,33 Tar 3, sent 3onds Redeemed 34.73 Interest aid #406,30 Peary . r y- Sewer andr Conneetina 178.00 S. :.:,. -vee— Sewer . - 'y t.., 142. 50 Cm,,r1 Anderson- .P,ett1 1. o •1 (, - ... ) l$, 73. i 1 of .2 i r- .I 1 .* *W * 4{ W • N.41:4 : *3t (.night forward) ib„973. 26 T- cz,xta (Continued:) Storm e Cost 141 40t. ? 6.00 Erigiateeriae, iee 135. 50. Slue kr is 3.6 IA oval ane 44.54. 03 Sorenson-16th vv . N70. t` t o .F r1 506.75 . , tenet 7m. 1,413. 3 _Pau1 Lund' : - .k Construction600. 6y° Paul L .::q i st.—Sidowal4 Construction 104. Paul L* ;it1 t- Awe. Stu Sidewalk 1,105.46 . rftv l aixt Oand 373.27 Road .r 1.395. 95 Trefizarer o '. . . A. P. et til » _*3to 2415 . 7-1 t- t t. ;rt„ 2,246. 92 ;ince 1 T _ - ° = h` 4 # . Rs" rea ofes.: r taeaiitate. or*? litoelpts i 8288888 888'ffS8388ZL33533 : VI - a.r 8 ri . • • • • . . • • . ,..„..,,-,•„,-,..... wv),,,,,,,,,,,.,..,,,,,„,...0 . ,, ec ca ,1-2! 118 . c (\re:: 4 i 4Viri:sr.074%,-.1*4 1,4 er,•4•,,.. r4 #21 cz, 514111f iftlfIttillIttlfif 111 8 ' I 11 8I 8: 11 tc' 01 it ..... , . , 81 RP R I 1. 1111-11 . , 14, 111tttt- -j11 -tz; 111111 ; t:tri r • .2 M ',rt.-a Itt • • tttt v22.1 . • RS8 ,'-'8 i . . • 8' ' 41 -.. tuitvitigditit,...--„; . Cc' '414 n • ,,fr • 0 . gl • , P 't 4141III Ill or • f11 # .. ..114. 1Ilitilt ?'31 . 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