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1958 City of Hopkins, MN Annual Financial Report REPORT ON AUDIT As At December 31, 1958 CITY OF HOPKINS Hopkins, Minnesota v STRAND & ROE City of bpkins Hopkins, Minnesota CITY OFFICIALS COUNCIL Mayor "tr . Harlan Perbix Councilman John F. Hanley Councilman Joseph C. Vesley (To 1-31-58) Councilman Joseph T. Anderla (Effective 2-1-58) Councilman Donald J. Hilbert Councilman J. Russell Carroll Secretary Arthur Elmquist CITY MANAGER AND TREASURER: Sidney S. Frissell (To January 31, 1955) Richard L. Brubacher (Appointed February 1, 1958) DEPUTY masuRai: Arthur W Unquiet CITY CLERK: Arthur ,'. Elmquist CITY ATTORNET: Frank N. "hitney (To January 31, 1958) Joseph C. Vesley (Appointed February 1, 1958) ENGINEER AND BUILDING INSPECTOR: Patrick S. Sidney-aaith A SSESSOR Clifford R. Peterson FINANCE OFFICER: Richard L. Brubacher (To February 28, 1958) Clifford R. Peterson (Appointed March 1, 1958) MUNICIPAL COURT JUDGES: K. Maxfield Otto Robert P. Harriman MUNICIPAL COURT CLEHA: Martin J. Vanek STRAND hEA T ki OFFICER: & ROE Dr. Henan E. Drill FIRE CHIEF: Harold Hedberg STREET SUPERINTENDENT: Elmer C. Bielke WATER AND Sigt SUPERINTRIDINT: John A. I',,^ecka City of Hopkins Hopkins, Minnesota CITY OFFICIALS (Continued) WEED INSPECTOR: Robert G. Anderson LI 'AttIAN: Mrs. Alliam Mountain RECREATION DIRECTOR: Laurenz A. Harris CIVIL DEFENSE DIRECTOR: Sidney S. Frissell (To January 31, 1958) John A. Brecka (Appointed February 1, 1958) BOARD OF HEALTH: Dr. H. E. Drill - Chairman Dr. P. W. Sheldon Howard A. Puck BOARD: Hugh W. Firmage - Chairman Peter Throdahl Leone Vilwerding Mary L. Sprague Evelyn Peterson POLICE CIVIL SERVICE COMMISSION: Richard M. Van Bergen (Appointed February 1, 1958) Otto H. Wenzel (To January 31, 1958) Richard E. hertzenberg Ross L. Thorfinnson RECREATION COMMISSION: Earl Dahlberg - Chairman Mrs. Davey Lavender S. H. Severson George M. Robertson Donald J. Milbert ZONING AND PLANNING COMMISSION: A. L. Wegleitner - Chairman Eval A. Johnson M. B. Hagen E. A. O'Brien mo John F. Hanley (To January 31, 1958) STRAND Joseph L. Anderla (Effective February 1, 1958) & ROE Sanford C. Gustafson (Effective February 1, 1958) v. Harlan Perbix Sidney S. Frissell (To January 31, 1958) ) Ex-Officio Richard L. Brubacher (Effective February 1, 1958) ) Members P. S. Sidney-Smith Arthur W. Elmquist City of Hopkins Hopkins, Minnesota CITY OFFICIALS (Continued) EMPLOYEES ADVISORY BOARDS Joseph C. Ve sley (To January 31, 1958) John F. Hanley (Effective February 1, 1958) Paul Caughren Ftobert G. Anderson Harold A. Christenson (To July 31, 1958) Don Nelson (Effective August 1, 1958) Sidney S. Frissell (To January 31, 1958) Richard L. Brubacher (Effective February 1, 1958) STRAND & ROE City of Hopkins hopkins, Minnesota INDEX Er& Explanatory Comments 1 - 14 EXHIBIT A - ::lance Sheet 15 BALANCE SHEET ITEMS SCHEDULE A- 1 - Treasurer's Cash Balance 16 A, 2 - Accounts Receivable 17 A- 3 - Interfund Accounts 18 A- 4 - Assessments Receivable 19 A- 5 - Inventories 20 A- 6 - Utility Projects 21 A- 7 - Construction Costs - P.I.R. Fund 22 - 23 A- 8 - Capital Assets 24 - 27 A- 9 - Fixed ssets and Depreciation: Water Utility 28 Sewer Utility 28 A-10 - Fixed Assets and Depreciation: Engineering Department 29 A-11 - Accounts Payable 30 A-12 - Accounts Payable - Sewage Disposal System Costs 31 A-13 - Bonded Irdebtedness - All Funds 32 A-14 - Bond Maturities - Special Assessment Fund 33 A-15 - General Obligation Bonds - Bond Retirement Fund 34 - 35 A-16 - Sewer Utility Revenue Bonds - Bond Retirement Fund 36 A-17 - Revenue Bonds - General Fund 37 EXHIBIT B - Balance Sheet by Funds 38 •=1•1•1••••••• • EXHIBIT C-1 - Analysis of Current Surplus 39 EXHIBIT C-2 - Analysis of Capital Surplus 40 EXHIBIT D - Comparative Blance Sheets 41 STRAND & ROE Page 2 City of Hopkins Hopkins, Minnesota INDEX ?ARP. FUND REVENUES AND DISBURSEMENTS SCHEDULE 1 - General Fund - Statement of Revenues 42 - 44 SCHEDULE 2 - General Fund - Summary of Disbursements 45 SCHEDULE 3 - General Fund - Statement of Disbursements 136 - 56 SCHEDULE h - Beach Concession Reserve 57 SCHEDULE 5 - Parking Meter Reserve 58 SCHEDULE 6 - Property Rental Reserve 59 SCHEDULE 7 - Recreation - Self-Sustaining Activities 60 SCHEDULE 8 - Permanent Improvement Revolving Fund 61 SCHEDULE 9 - Special Assessments Fund 62 SCHEDULE 10 - Bond Retirement Fund 63 MISCELLANEOUS SCHEDULE la - Accrual Statement of Income and Expenses - Water Utility 64 SCHEDULE 2a - Accrual Statement of Income and Expenses - Sewer Utility 65 SCHEDULE 3a - Statement of Receipts and Disbursements - STRAND Municipal Court 66 & ROE SCHEDULE ita - Insurance in Force 67 - 68 SCHEDULE 5a - Assessed Valuation - Tax Levy and Rates 69 CLARENCE E. ROE, C.P.A. ROGER R. ROE, C.P.A. R. E. BUNKER, C.P.A. .1. A. LARSEN, C.P.A. R. A. ROTEGA RD, C.P.A. JOE M. CROW, C.P.A. STRAND & ROE Cedifel AUL c -41ccountaptio- 6301 WAYZATA BOULEVARD MINNEAPOLIS 16, MINNESOTA Liberty 5-1651 May 21, 1959 The honorable Mayor and the Members of the City Council City of Hopkins Hopkins, Minnesota Gentlemen: e have prepared. the balance sheet of the CITY OF HOP4INS, hopkins, Minnesota, as at December 31, 1958, and the statement of receipts and disbursements for the year then ended, have reviewed the system of internal control and the accounting procedures of the City, and without making a detailed audit of the transactions, have examined or tested the accounting records and other supporting evidence, by methods and to the extent we deemed appropriate. Cur examination was made in accord with generally accepted auditing standards and included all procedures we deemed necessary. In our opinion, subject to the qualifications contained within the explanatory comments, the accompagying balance sheet and related statements of revenues and disbursements present fairly the position of the City of Hopkins as at December 31, 1958, and the results of its operations for the year then ended, ve in conformity with generally accepted accounting principles applied on a basis STRAND & ROE consistent with that of the preceding year. Respectfully submitted, STRAND & ROE Certified Public Accountants IF THIS REPORT IS PUBLISHED, IT MUST BE REPRODUCED IN ITS ENTIRETY. EXTRACTS MAY NOT BE PUBLISHED WITHOUT AUTHORIZATION. -2- City of hopkins EXPLANATORY COM1I2iTS e submit our report, together with the accompanying schedules as indicated in the Index. STORY The village of ',est Minneapolis was incorporated on November 27, 1893. The name was changed to the Village of Hopkins on July 7, 1928. On January 1, 1948, the village became a city of the fourth class and adopted the city mower form of government. COMMFNTS ON BALANCE SHEET IT124S In the next several paragraphs, the more important assets and liabilities of the City are explained, listed, or described, as the case may be. A SSTs CASH ON HAND AND IN BANNS The petty cash and cash on hand were verified by actual count on December 31, 1952. The City had bank balances in the First National hank of Hopkins and the Northwestern National Bank of Hopkins as outlined under Schedule A-1. The balances were verified by correspondence and reconciliation. As of December 31, 1958, the City held security assignments to safeguard the City funds placed on deposit in their banks, as follows: First National Bank of Hopkins: U. S. Treasury Bonds $2h0,000.00 F. D. I. C. 10.000.00 N5Q1290.449 I.- Northwestern National Bank of ho STRAND U. S. Treasury Bonds $260,000.00 & ROE F. D. I. C. 10,000.00 A22 42Q69t2 FUNDS IN HANDS OF FISCAL AGENTS Funds in the hands of fiscal agents for the retirement of to nds and interest payments due as at January 1, 1959, are listed on the following page. -3- City of Hopkins Service Issued Bond Interest Charge Total Northwestern National Bank-Minneapolis: Vater Mains 11-1-47 $2,000.00 $180.00 $5.50 $2,185.50 -ater 3-1-45 2,500.00 120.00 6.13 2,626.13 Storm Sewer 7-1-149 152.00 3.00 155.00 Total 11420, 61 Unredeemed funds in the hands of fiscal agents as of December 31, 1958, were as follows: First National Bank of Minneapolis $ 150.00 Northwestern National Bank of Minneapolis 68,771.50 American National Bank of St. Paul ,360.00 Total .1,71)4.?Ja..2 ACCOUNTS RECEIVABLE We have listed the outstanding accounts receivable from the individual accounts and the details are shown under Schedule A-2. We verified uncollected accounts at the time of our examination and reconciled the returns. We checked receipts issued from January 1, 1959, to the date of our examination and found that approximately 98 percent of miscellaneous items and approximately 77 percent of public utility billings ware paid. INTERFUND ACCOUNTS A statement of amounts due between funds is detailed under Schedule It was determined by Council action that $25,000.00 of the cost of installing a storm sewer in the Parkridge Addition during the year 1945 was paid by the sewerage system fund. The cost of this sewer was assessed to the property owners through the special assessments fund. It was therefore resolved by the STRAND Council that the special assessments fund should reimburse thesewerage system & ROE for this cost at the rate of $1,250.00 per year during the years 1947 to 1966. The amount of $10,000.00 represents the payments due for the years 1959 to 1966, inclusive. City of of Hopkins A special loan was made from the permanent improvement revolving fund to the municipal parking lot fund during the year 1954. The amount was needed to finance the cost of blacktopping, barriers, and lights on the municipal parkin' lots. Since the parking lots have no source of revenue, the loan is to be repaid by the parking meter fund. Is of December 31, 1958, the balance due on this loan vas $10,000.00. In addition, numerous parking lot locations were agreed upon which are now under construction and are being completed under P.I.R. project number 608. By agreement the Council has fixed a total of $60,000.00 to be paid from parking meter receipts toward this new project. The total interfund obliga- tion as at December 31, 1958, due the P.I.R. fund from the parking meter fund was $70,000.00. The P.I.R. fund made a temporary advance to the general fund toward the purchase of a Lorain motor loader. The amount of :11t202.69 represents assessments paid in advance which were credited in error to the P.I.R. fund, whereas the payments were on special assess- ment fund assessments. Since the bond issue of September 1, 1958, is to be paid through the bond retirement fund from the sewer utility revenues, the premiums received on the bond sale should be assigned and used in the payment of these bonds. The balance of the interfund transactions concerns reclassification of receipts between funds. ASSESSMENTS RECEIVABLE V The changes in special assessments receivable for the special assessment STRAND ROE fund and permanent improvement revolving fund during the year are given under Schedule A-ti. The current year's changes are shown, also the balances outstanding as at the beginning and the end of the year. To establish and verify the correct- ness of these account balances would necessitate considerable checking of the books in the County Auditor's office. This was not considered advisable by the City management. 1 City of Hopkins FUTURE ASSESSMENTS This account represents the estimated amount to be assessed for intsrsst and fee charges on projects which have been authorized. CURRENT TAX LEVY The tax levy collectible in 1959 is as adopted by the City Council. Except for the bond retirement fund, this levy is offset on the balance sheet by a reserve of an equal amount. DELINQUENT TAXES Delinquent taxes are not reflected in the accompanying balance sheets but will be shown in revenues and in the surplus of the various funds as they are collected. Delinquent taxes as at December 31, 1958, per information obtained frem the County Auditor, were as follows: Personal Real Special Levy Collectible Property Estate Assessments Total 1953 and Prior $ 827.67 $ 36.10 $ 50685.80 $ 6,549.57 1954 1955 538.55 197.89 3,259.40 3,995.84 1955 1956 77.22 529.87 1,628.83 2,235.92 1956 1957 193.23 870.83 2,425.38 3,489.44 1957 1958 514.71 9,906.68 7,500.70 17,922.09 Totals 141513_8 11.140.1,37. $201„5,0041 FUTURE TAX LEVIES These represent the amounts to be provided in future years to pay the bonds and interest on the general obligation bonds as they fall due. Under Schedule ',-15 we submit an analysis showing the yearly requirements and related STRAND levies. & ROE INVENTORIES The inventories are listed under Schedule A-5. The inventory quantities were submitted to us by City employees. We have accepted the quantities as submitted to us to be correct. Ire have test, checked pricing, extensions, and footings. -6- City of Hopkins PREPAID EXPENSES The amount of M10.00 represents an insurance prepayment applicable to the calendar year 1959. WORK IN PROCESS This represents the costs to December 31, 1958, of various authorized projects under the seder utility fund and P.I.R.fund which will be assessed or capitalized at a later date. The individual projects are outlined under Schedules A-5 and A-6. CAPITAL ASST Additions to capital assets during the year under review are given under Schedule A-8. Depreciation has been estimated on the revenue producing divisions as a means of determining net income on the accrual basis. No depreciation has been set up on the general assets. Special assessment improvements have been treated as additions on the assumption that these improvements are owned and controlled by the City. The asset values of January 1, 1958, are carried over from the prior report. No complete analysis was made of all beginning wtluations. LIABILITIES, lESERVES, AND SURPLUS ' CCOUNTS AND CONTRACTS PAYABLE The accounts and contracts payable of the several funds were determined by review of disbursements, minutes, and other data on file. They are listed under Schedule A-11. The sewerage disposal contract payable arose when a joint program was STRAND & ROE initiated whereby the Cities of Hopkins and St. Louis Park were allowed to connect with the sewerage system of the City of Minneapolis. Under Schedule A-12 we show the amounts and years in which the installments are due on the prorata cost of this program. -7— City of Hopkins' FUNDS IN ESCROV This represents the balance due on a performance bond due H. J. Nickodym on a house moving project to 251 - 18th Avenue North, Hopkins, Minnesota. NOTE PAYABLE This note is due on the purchase of the Shady Oak beach land from Stanley, Steve, and Anna Felt]. under a contract for deed. The original, contract was for $12,000.00. As at December 31, 1958, the balance owing was $3,000.00, payable on April 15, 1959, with interest at 3 1/2 percent. PROJECTS AUTIMIZED Under Schedules A-6 and. P —7 ,,,re give details on the projects authorized as at December 31, 1958. These amounts represent the estimated direct costs of completing the work on approved projects; however, the estimate does not include the future interest to be computed at the time of assessment. PREPAID REVENUES These are the receipts from licenses and fees during the month of December, 1958, which are applicable to the year 1959. BONDS PAYABLE We submit under Schedule A-13 a detail of the total bonded indebtedness of the City. We sighted the bonds and interest coupons paid and cancelled during the year, and found that all bonds paid, as shown by the records, were returned. Under Schedules t-13 to A-17 we submit details on the bond maturities by years. STRAND & ROE During the year under review, the City issued one new bond issue: Date Name Amount 9- 1-58 F.I.R. Bonds of 1958 .11254000,o9 This issue is to be paid from revenues of the sewer utility. -8- City of Hopkins FUND BALANCE This account represents the gross amount of bonds issued under the P.I.3. fund and constitutes the basis, when collected, for future improvements without the need of further bond issues. SURPLUS The net worth of the City is reflected in the surplus accounts. The current surplus represents the total of the current items such as cash, receiv- ables, and levies less liabilities and deferred income. The capital surplus represents the City's net equity in fixed property. The surplus accounts are detailed under Exhibits C-1 and C-2. COMPARATIVE BALANCE SHEETS Under Exhibit D is presentee a comparative balance sheet of all the City facilities. It will be noted that the current surplus has made a decided change for the better when compared to the year 1957. During the year 1957 current surplus decreased by $286,266.89; whereas during the year 1958 current surplus increased n60,834.88. The major changes are as follows: Net Receipts over Disbursements $ 90,777.64 Bond Issue over Estimated Cost of Adams Street Sewer Lift 20,000.00 Gain on Previous Estimated Project Costs: Iron -.omen' Plants $5,087.33 Buchanan Sewer Lift 1.335.115 6,422.78 Net Inventories Increased 695.06 Interest and Assessment Fee Charges 28,424.91 Bond Retirement Current Fund Needs Reduced 21.705.00 $168,025.39 ler Less: STRAND & ROE Sewer nodding Machine $3,980.00 Charges Absorbed by City: Improved Road :elle - 12th Avenue North $1,379.37 City Property Assessments 266.64 Drillane Water Main 1,500.00 3,146.01 Miscellaneous 64.50 7,19041 Net Increase in Current Surplus ;. _6u -9- City of OPERATIONS Schedules 1 through 10 present detailed statements showing the revenues and expenditures for each fund and general reserve account. t comparison of the actual revenues and expenditures to the estimates of the several funds is also shown. P. summary of the budgeted funds is given below: Description Actual Budget Over Madge RECEIPTS: General Fund $568,554.95 $553,340.00 $15,214.95 Water Utility 105,427.60 88,000.00 17,427.60 Sewer Utility 92,722.12 85,000.00 7,722.12 Firemen's Relief Fund 4,742.56 7,000.00 2,257.44 Soecial Assessment Fund 103,172.83 125,000.00 21,827.17 Bond Retirement Fund 96,919.50 96,641.00 278.50 Bond Retirement Fund - From Surplus 19,418.00 19,418.00 Total Receipts '',971,539.56 $974,399.00 $ $ 2,859.44 F/PENDITIRES: General Fund $517,344.28 $553,340.00 $ $35,995.72 Water Utility 80,961.68 74,000.00 6,961.68 ater Utility - To Surplus 14,000.00 14,000.00 Sewer Utility 70,108.69 63,000.00 7,108.69 Sewer Utility - To Surplus 22,000.00 22,000.00 Firemen's Relief Fund 4,742.56 7,000.00 2,257.44 Special Assessment Fund 103,149.50 101,441.00 1,708.50 Special Assessment Fund - To Surplus 23,559.00 23,559.00 Bond Retirement Fund 110,485.29 110,279.00 206.29 Bond Retirement Fund - To Surplus 5.780.00 5,780.00 Total Expenditures $886,792.00974.399.00 $87.607.00 Net Difference M-41474-5-6 2421470,56 Under Schedules la and 2a we present operating statements on the accrual STRANC & ROE basis for the water and sewer utilities as required by the revenue bond indentures. Depreciation has been computed on a basis consistent with previous years. Schedule 3a shows a detail of cash receipts and disbursements for the Municipal Court. -10- City ofbp CONTINGENCIES An accident occurred at the Shady Oak swimming beach on June 2, 1956, at which time a young man injured his neck by diving from a dock into shallow water. As a result of this accident a lawsuit was filed against the City of Hopkins for $85,000.00. The case was due to come before the Court the latter part of March, 1959. Prior to the trial, the case was settled out of Court, with the liability of the City of Hopkins set at $2,500.00. Mr. George E. Madden and Mrs. Madden have instituted lawsuits against the City of 'flopkins as the result of a fall by Mrs. Madden on the public sidewalks of Hopkins. In their two suits, they are claiming damages totaling $27,000.00. The City management disclaims any liability. The City carries no public liability insurance against such contingencies. GENERAL During the course of our eemmination, a number of items came to our attention which we wish to comment on in order to assist the City to better follow the regulations and to try to help improve the efficiency of the City management. A few general comments should be made with respect to the office pro- cedures: 1. A general study of office coordination should be completed in an effort to simplify procedures, cut down lost time and systematize form usage. 2. A central purchasing procedure should be established which is strong enough to force participation by all department heads. ler 3. In conjunction with purchasing, a centralized stores control would STRAND & ROE be needed to assure complete control. 4. Purchase invoices have been covered in most cases by verification declarations; however receiving reports and usage charges have not been outlined adequately. -11-- City of Hopkins 5. Six instances of duplicate payments were noted; however, in each case they were for minor amounts. It does, however, raise the question as to the adequacy of the present system for processing invoices for payment. %e suggest that this be studied and the necessary safeguards provided. 6. The Municipal Court records have improved considerably; however, the Judgesdockets are not clear as to the disposition of many cases. The dockets have printed spaces for inserting this cross reference information. 7. capital asset ledger outlining the individual property items owned by the City has been started; however considerable work needs to be done before the record is complete. 8. ye recommend the use of prenumbered receipts and permits as a further control of office procedures. A few general observations are made as follows: 1. Pledged securities are called for from all banks holding City funds. The First National Bank has pledged, as noted above, $250,000.00; however, twice during the year the account balances exceeded this amount. 2. Notes payable due and payable after twelve months are not authorized. This procedure was followed in purchasing the Shady Oak beach property from the Feltis. No future purchases should be made in this manner. 3. A review of the City ordinances may be in order to bring up-to-date certain ordinances, e. g., water and sewer rates, personnel regulations, service charge fees. I . Fire protection with other governmental units is covered by Ordinance STRAND & ROE No. 59. The charge to be made is stated as $45.00 per hour for each vehicle, together with a yearly stand-by charge. The fire contract in force, as written, states the charges to be as follows: $60.00 per hour for each vehicle to Minnetonka Village, $60.00 to $75.00 per hour for each vehicle to Eden Prairie. -12- City of Hopkins 5. With the number of lawsuits being brought against Municipal govern- mental units across the country, it seems advisable for the Council to consider purchasing public liability insurance, with a fairly large deductible feature to reduce premium costs, as a protection against adverse jury judgments. Resolution No. 39 of 1943 originally established the permanent improve- ment revolving fund. It provided that the funds are to be used solely to finance local imorovements; the monies to be replaced to the fund by the collection of special assessment charges. In the past several years some of the funds of the permanent improvement revolving fund have been used for improvements in the water or sewer utilities or for general revenue usage. 11 advances per Resolution No. 39 are to be repaid with a four percent interest charge. tt present, the P.I.R. fund is carried as a part of the general revenue fund. We recommend that a permanent record be made of these disbursements and an effort made to repay this fund. The P.I.Z. fund is responsible for handling all assessment projects. A review of construction costs as outlined under schedule A-7 will show several projects going back to 1953 which have not been completed. It appears that an excessive amount of time is elapsing before the project costs are completed and the assessments made. recommend that a review of these projects be made and an effort put forth to complete them if at all possible. Two houses located on the municipal parking lots were sold for ;3600.00, as covered by project No. 603 in the year 1957. This money was credited V to the parking meter fund; whereas in all fairness, since the greater part of the STRAND & ROE cost of the parking lots is to be assessed to individual property owners, the recovery through the sale of these homes should reduce the cost of Project No. 608. City labor is used on many of the P.T.R. projects. The cost of this labor is billed to the P.I.R. fund from general revenues at regular rates, missing the overhead charges of PERA and other fringe benefits. In addition, City equipment se -13- City of hopkins is also used on these projects. It may be advisable to establish rates for labor as well as for equipment which would be standard on all City projects; the rates being sufficiently large to cover all direct costs. The Council minutes are well organized; however, with reference to the year under review, we wish to comment on a few items: 1. Council approval of the 1958 budget was given to the general revenue fund in total. 'e suggest that a breakdown also be given showing amounts applic- able to water, sewer, bond retirement, special assessments, firemen's relief, etc. 2. Budget transfers have been approved by the Council. The approvals have been given to general classification changes. Since the budget is also classified by sub-code classifications, it would be desirable to approve the transfers by specific sub-classifications so as to prevent indiscriminate realign. ment of several sub-eIasses within a general heading. 3. esolution No. 802 of October 8, 1958, established the issuance of $125,000.00 of bonds. In establishing the yearly cost requirementslinterest for the period September 1 to December 1, 1958, was not included. The liability has been included in making this report. In addition, the bond indenture calls for pledged funds from the sewer utility equal to five percent of the yearly amounts payable. This was not set up in the cost requirements. In recording this bond issue on the books of the Cite, we have set up this five percent pledge as a part of the receivables for the bond retirement fund. It seems rather unnecessary, since all sewer revenues are pledged to pay off its V direct bond requirements; however, since the incenture listed it as a requirement, STRAND & ROE we have so recorded it. L . with reference to bids, the requirements call for acceptance of the lowest qualified bid, not necessarily the lowest bid. The minutes outline in each case, all bids received; however, when other than the lowest bid is accepted, reasons should be stated as to why the others were not acceptable. -14- City of Hopkins 5. The Council minutes of January 7, 1958, call for the purchase of land at 12 - 7th Avenue South from Gerard's, Inc., and payment was made; however, the deed was not available for sighting. CONCLUSION Based on our examination of he accounts, we conclude that the City made every effort during the current year to improve its financial position. The general revenue fund's current surplus is still overdrawn as of December 31, 1958; however the net overdraft has been reduced by approximately $52,000.00 during the year under review. It appears that an effort is being made to comply with all municipal statutes. As in all governmental functions at the present time, cost of operations is becoming more and more a factor of concern to City management as well as to the public. Many of the costs can not be eliminated because of services required by the public and a service, once offered, is most difficult to discontinue. Consequently, efficiency of operation becomes an important feature of cutting costs. This requires theestablishment of an adequate budget, and, through department head and purchasing control, that a year around effort is made to stay within the budget limits to assure a surplus balance at the end of the year. The control of labor is a most important factor in efficiency, both from the standpoint of labor requirements and labor cost. This is best illustrated by the fact that of the total disbursements for the operating funds (i. e., general revenue, water, sewer) direct labor cost constitutes approximately fifty V percent of the expenditures. STRAND & ROE A review of the City ordinances may also be in order. It is very probable that many of the charges for services and fees are nominal and do not compensate the City for the expenditures involved. me wish to express our appreciation for the assistance and cooperation given to our representatives during the course of this examinatica . -15- EXHIBIT A City of Hopkins Hopkins, Minnesota BAPINCE Flimr As At December 31, 1958 ASSETS Cash on Hand and in Banks: Petty Cash $ 225.00 Cash on Hand 15,309.00 Banks 419.908.98 $ 435,442.98 Funds in Hands of Fiscal Agents 4,966.63 Accounts Receivable 10,705.72 Assessments Receivable: Permanent Improvement Revolving Fund $ 608,451.85 rpecial Assessments Fund 241.393.55 849,845.40 Future Assessments 330,969.98 Current Tax Levy 608,685.20 Future Tax Levies 752,076.35 Inventories (At Cost) 24,632.44 Prepaid Expenses 410.00 Work in Process 391,2;;.65 Contract ,,ork 15,359.56 Capital Assets 4.489.608.32 Total Assets 27 243,921.2.3 LIABILITIES, RESERVES. AND SURPLUS Accounts Payable $ 13,027.27 Contracts Payable - Projects 15,359.56 Contracts Payable - Sewage Disposal 4,900.39 Funds in Escrow 1,200.00 Notes Payable 3,000.00 Projects Authorized 495,969.98 Prepaid Revenues 15,309.00 Bonds Payable 1,611,000.00 Future Interest 283,546.25 Reserve: Reserve for Depreciation 250,921.45 Reserve for Current Tax Levy 470,415.00 Reserve for Uncollectible Taxes 54.847.80 776,1814.25 Fund Balance 830,000.00 po Surplus: STRAND Current $ 248,723.16 & ROE Capital 3.615.771.37 3.864.49/4.53 Total Liabilities, Reserves and Surplus V4213,991.2i I -16- NigpuLE A-1 City of Hopkins Hopkins, Minnesota TREASURER'S cAsti plaiogE As At December 31. 1958 FIRST NATIONAL BANK OF HOPKINS GENERAL FUNi-) Balance per Bank abatement (12-31-58) $305,964.92 Add: Deposits in Transit 4.772.98 $310,744.90 Less: Checks Outstanding 127.026.56 Balance per Books 473,718.34 IORYHWESTERN NATIONAL BANK OF HOPKINS PAYROLL ACCOUNT Balance per Bank Statement (12-31-58) $ 8,790.22 Less: Checks Outstanding 8.790.22 Balance per Books UAL ASSESSMENTS FUND Balance per Bank Statement (12-31-58) $188,406.83 Lees: Checks Outstanding 1.4779.98 Balance per Books 183,626.85 B0-10 REMENT F 'ND Balance per Bank Statement (12-31-58) $ 62.563.79 STRAND Balance per Books 62563.79 & ROE Total to Exhibit A -17- cICIIEIZIAZ A-2 City of Hopkins Hopkins, Minnesota ACCOUWF REC:JVABLE As At ... cel*:r 1 '- ; GENERAL REVENUES: State of Minnesota y 800.00 Eden Prairie Township 60.00 Hennepin County Engineering Dept. 25.00 F. S. Kokesh 861.52 Village of Minnetonka 120.00 H. Puch 12.60 Swanson Excavating 58.88 G. C. Watson 436.85 Suburban Recreation Comnission 20.00 2,464.85 ALS: WI. Kloucia 15.00 WATER DIVIcION: W. J. Hissam ,41 17.43 Swanson Excavating 36,35 53.78 PUBLIC UTILITIES: Route Water •qewstr Total Commercial $ 295.75 $ 381.90 $ 677.65 lA 512.80 364.85 877.65 1B 250.60 199.00 449.60 2A 136.26 101.40 237.66 213 170.34 132.30 302.64 3 107.03 70.40 177.43 4 128.98 105.90 234.88 5A 374.54 473.45 847.99 SB 266.79 264.35 531.14 Sc 489.43 384.75 874.18 6 470.14 385.93 856.07 7 333.37 409.50 742.87 8 242.12 201.05 443.17 9 98.73 58.50 157.23 10A 38.09 27.00 65.09 10H 263.11 45.15 308.26 11 168.88 82.15 251.03 12 131.53 36.02 167.3'5 p• STRAND $4,4MA9Ap7.-44.° ilL32L-92. & ROE Water Division 4,478.49 Sewer Division _-1.1.722L62 Total to Exhibit A ir10495,72 _J II 0 ii . i* sil VI $ g w 1/11 41 a • a M $ o ill , IlL v` F III LII vw N11 W as 4., . ... E1, 4. AK , os 11 a . .1 ifie 4 p © I9 O 8 0 211 pp §0 a P w S N u �' ow a, F Ii i i ad Vs i 1 ! ipe i : i ligli a. -19- SCHZDULE A-4 • City of Hopkins Hopkins, Minna sot a AS§ESSMENLS RECEPABLE As At December 31._ 1958 F-VIARENT L .i0VEM NT 1- • F me BALANCEL DECEMBER 31, 1957 $588,596.86 Assessments Completed 1144.266.72 $732,863.58 DEDUCT: County Collections $109,335.60 Payments Direct to City 11,694.73 Interest Cancelled by Prepacvment 2,348.26 Cancellation of Assessments on Properties Acquired by City ],033!12 _124.411.73 . NCE — ice 'A:ER 1 1 8 $608,451.85 FPECIA14 ASFEr•!sinars FUND BALANCE - DECMER 31. 1957 $345,597.42 12:*UM County Collections $ 99,904.16 Payments Direct to City 3,235.63 Interest Cancelled by Prepayment 1,027.12 Cancellation of Assessments on City Properties 36.26 104.203.67 STRAND ;1_11 F, 118 ....21414121151 & ROE Total to Exhibit A 042,14 .4j.„ -20- SCHEDULE A7,5 City of Hopkins Hopkins, Minnesota INVENTORPF As At ecember_31. l98 -,Oesoription Amount G jj VE Office supplies: Municipal Offices $3,443.24 Police 440.00 Road Materials and supplies: street Departlent 9,943.14 Fport and Craft Fupplies: Recreation 1.072.50 $14,898.88 WATER DIVISION: Meters S1,172.75 Water Main Parts 14,370.11 Hydrants 194.40 Hydrant Parts 1,049.07 Supplies 157.45 6,943.78 'SER DIVISION: Parts and Supplies 2.789.78 Total to Exhibit A 040_2444 po STRAND & ROE r... ci a t a E 6, ir ;I 8 ,a 1 t• p t i .1 I g i th. g a cr. 1 W 49 031.4 1... Co 1 P:i W ;-. vk 01- com Irs. 1 ;.... a P' %.n. 1r5 1 1%1 i 1 ....1 CO P. CO a , 0 L'"' .4-• 0 43 0 .0 Ca VA IV 4a i t g i.rot v. ..n.t.. K1 I? a Ig gaic, ill 4+ 1 4.it r 1 i 1 .4. ZO 10 70 V=4 IM c: I'i 1 : r • • • 9 4, • ;.....6, 8 \co' bq ••3 ....3 I. •ei .ES, C. IV 1.61 IFDIV s• E 9 olo ZO Oa' • • ZA 1%.1 • 8 VI, —a to if g.a .4 cr law 4 11 It *8 kat 15.% r.) %..11 La kaa I Fi „. la a IL VI i+ 8 8 F .8 c.....a., . R g , 4 ,...,r. a a ..... v 8 2i I C . Ii• p 4 PI g fr!JJtflFff !ID ! $ !UU ..�$,5 F ! ! irti! lelF ii Vq0iii 3 rigWfvFA I p m P ®t�K .et. mi-,m m Ni. a F, f+ 5 Eraa• m• ® ' rr 1.14 1 6 oN W W W ZS N N 1 / 1 .t usu•lOVt �I N O OPV WC. 1 *t tf t'OilO'�'VtawN. C+ 1 Ei1�t.. . t 1 o s« t tel 8�1 -y.O y� Chi . P r r r m N v:.i : rtT �N Nr - -iNON VIO .O N NN 8" �N+ NyOl 1�.+a0 47.1 g5 0�,),NN Q ¢tON W 'O! �i wt9l�� i e,O- ov �wOi 1 at� .k"w I0Apr 1 J N 7„,,,, ~ to O E51Q1 1 o p O.4wNN RIbW , .+ s•O.DOF • o . pw\ Pii rl • r 6) I N ►j N Y O r14. r = W i� y tT u`i ro ceI q N O W VI -1 VpoW 1 b 3 0y �+ Q) W:1. ��n� r�L C�`yM�+ ��rO+yp `p,, `O�rNp5r 1 I I atvol �n •Tt t 1 w t 1 t !- t O��Ggtppg O�rDN.NpOawvW wpp PVI�05Opg• a 5 W Vlamgcv 1 G CNA vssa11a1.'�WVuctv'Vc'a•s IA W W —a11 u.16. t�Yl G t"' `V G1 u r W J3 4 • W �O Vit/p�Wt�p,p� W (N(p� p�.+►►aa yl�0 ya 6y� �NyN pN�at1t ys �d WNF+ W .O-ON"CW Wl i g.,g VP'?"'"as e� tlt ' MeaV g ttlt �tlttiv`� keWwtt2G81�.`� i'Si�9 �'p°� y r N N N ` r..W r F rr err rev riff }+1� .pan ppWp .yy.1��ppp ZO �Oyi WN W NN pM NDN pOH Opp N �p~ {(,.4 W wp R' W NN .t►dRn F asp O JV'l C•�gON kOep.,.) 74 O� ge.ett W N WHct- NIa1 O N t WNI 4-,o[J/JCCPViH�d.-Ow Nl"M votWilwWWV1W� �W!{�� V.W p W n g kA; Li jA 4' L 74 w t tor, o> , G� I{I`q..7 3�[ yy " .N '3 � m A 7107 i O� T 1 O�:J � �� '� �� 'g�� 4 day i.�4 ��smile VS E9 10g' �I M" til 1 tl q 59 ( . ,a » ia14cc C ilq.. W? C° gg • 5? pi /. . H U�y S y! N 1 +� 1 i l. M• pNt+ 1 el 8g1 4 .7 d+f •:• ems► W Om w�a +v rO �' • P 2S a�1 it . g Po'' ° .02 ° Q �J e� o ro 01 1 a o ao m N-� m cam -d v m l I it ifigU • Pj p re ,1 r y, yo-.+ r,p,..^. ` 1r 7 F+ N W b al `ON ro� ' �1 O • 1 044 llrll 1 E7� 1 N 1 • W W 1 1 1 1 . • • 3•n BYO r N , ,..0 4 . . LN, z Nr W h it'88 0. P 2 7 vt kve 2_ ..... .1 I . q P < t0 x` 53 •Ylg$ i l; • 1.,,.. !/r Qh r- N r N 5 g P1#4 IS vID V :':, NS —_ N 6� Vt IV �N1 fT coNo �p ..., N C W N N 1+ W :+7 ��07 wQ�• e m W S 2 O U C I O X i 11 1+ f+ r. r. r v w- ` 1%$- be Q e NNp� N C F' VL�O CD sO iv-0 �pp�Gp�ppp �b WW W tr�1� QOjVol r WVp1. 1 N�oy,�v GpV.HdE 1O t rod U r rte- 6, -4 .. "'C �ni i1w vl b ,.p- .. so Vl N Q"t q N 0%0J V%Z b �C W. P N V V1 Pa' 1 a4 5. W IP' A _ r � PQ .,� r ♦~ N =R....N e W 1401, q �t yN Vt gyp+. OD�O{�.+a N : O Y o g 8 G N O W N N.m O� �: m m 1 1 1 1 1 I l / T A-• Vt A • :11. 3 r r r : v :err 0� N e �. Q f,„-5, W �DQN W vii r ��vO�o cy �O ki. O N N O� VyL pO O �f F� P 1 �.I N I GJ C7` L� 1 Vl 0 W 8 Com' '%;.'8-4::3 l W N . 1 O O „,m ,,t u.5 N .. tr,., r widW -24- City of Hopkins Hopkins, Minnesota 0APITAL. AFSETS As At Decembi. er „ 1958 Balance , Elimi-5G4MAZ AB-a8lance Description 12-31-57.. Witions nations 12-31-58 LAND: City Hall Site $ 23,000.00 $ $ 23,000.00 Library Site 20,000.00 20,000.00 Garage, Shop and Ware house Site 15,000.00 15,000.00 Gravel Pit 7,887.50 7,887.50 Parking Lots 60,067.70 60,067.70 Parks and Playgrounds 99,470.13 2,270.85 101,740.98 Right of 4ays 80,122.72 178.20 ,! 100.00 80,200.92 Water Division 4,725.20 4,725.20 New City Hall Site 285.00 285.00 Fair Grounds Drainage System 4.166.78 4.166.78 Total Land 4 314,725.03 $ 2,449.05 $ 100.00 $ 317,074.08 BUILDINGS: City Hall, Fire Department, and Jail $ 73,000.00 $ $ $ 73,000.00 Library 19,000.00 19,000.00 Shop and Warehouse 21,300.00 21,300.00 Garages ( 2) 19,730.49 1,682.77 21,413.26 Parks ano Playgrounds 12,169.84 2,853.03 15,022.87 Heavy Equipment Shea 56>.98.). —......kit21 Total Buildings $ 145,200.33 ,;.; 5,101.78 $ 4 150,302.11 WL11ELFOLLAILALLNE: Dater Utility $ 972,670.49 $ 4) $ Special Assessments 246,836.74 1,219,507.23 Sewer Utility 939,488.22 Special Assesamentr 56.834.99 43.767.47(1) 952.555.74 Total Wells, Tanks, and Mains $1,912,158.71 $303,671.73 $43,767.47 $2,172,062.97 FURNITURE AND EQUIPMENT: City Hall $ 27,309.96 :,)* 544.84 $ $ 27,854.80 Library 21,433.42 21,433.42 Police Department 4,593.70 467.48 5,061.18 Street Department: Concrete Mixer 533.20 533.20 Backfill Tamper 206.00 206.00 po Chain Saw 310.19 310.19 STRAND Used Pulvi '4ixer 450.00 450.00 & ROE Steal Cleaner 100.00 100.00 Dragline Bucket 489.13 489.13 Chain Saw 311.69 311.69 Snow Plow Blades 435.38 435.38 Vire Gutter Broom 447.50 447.50 Electra (into Steal Cleaner 356.00 356.00 Other 29,405.57 25.00 29,430.57 Fire Department 15,140.48 3,156.60 18„e97.08 -25- SCHEDULE A-6 Page City of Hopkins Hopkins, Minnesota CAPITAL A,SSETS 114LA--.--2L'1' 23g.--5.-• 198stLe"I Balance Elimi- Balance 1)aperintion 12-31-57 Additions nations 42-11:dU FURNITURE AND LAUIPMBNT: (Continued) Parks and Playrounds $ 21,336.39 ii 2,181.48 sp $ 23,517.87 Stores: Diesel Tank 58.06 58.06 Industrial Pump 361.19 361.19 Aerial Maps 13,743.00 13,743.00 'Engineering 3,981.71 45.00 4,026.71 Beach Concessions 917.35 38.00 955.35 water Utility - Regular 4,101.98 4,101.98 Jater Utility - Meters 1,946.25 1,946.25 Sewer Utility 3.428.85 473.00 _______ 3,901.85 Total furniture and Equipment $ 149,094.75 $ 9,233.65 4 , 158,328.40 vwcus: Police Department: Motorcycle $ 448.00 $ 0 448.00 1956 Chevrolets ( 2) 4,447.50 4,447.50 , - 1958 Chevrolets ( 2) 4,602.20 N 4,602.2o Fire Department: 1941 La France Fire Truck 5,500.00 5,500.00 1941 Buffalo Fire Truck 9,963.64 9,963.64 1948 Dodge Rescue Truck 4,392.95 4,392.95 - 1952 Mack Fire Truck 16,500.00 16,500.00 1932 Pirsch Pumper 900.00 900.00 1958 Rescue Truck & Body 7,605.00 1,770.53 9,375.53 enitation Departlent: 1952 Ford Truck 6,032.62 6,032.62 1957 Ford Chassis 4,597.00 4,597.00 1953 White Truck and Gar Wood Garbage Packer 7,244.90 7,244.90 Crawler Tractor 16,667.00 16,667.00 Haugh Payloader 15,466.00 ' 15,466.00 Engineering Department: Chevrolet Truck 1/2 Ton 1,343.01 1,343.01 Recreation Department: 1950 Chev. 1/2 r. Panel 450.00 450.00 Tractor Mower 486.45 486.45 Street Department: STRAND 1942 Mack Tank Truck 495.00 495.00 a ROE 1944 International Truck 500.00 500.00 1953 International Truck 4,485.59 4,485.59 1954 International Truck 4,502.94 4,502.94 1954 International Truck 3,972.94 .3,972.94 Mpls. Moline "R" Tractor 2,169.50 2,169.50 Mpls. Moline "U" Tractor 5,557.50 5,557.50 1948 Cat. Motor Grader 10,809.00 10,809.00 Huber 5-8 Ton Roller 5,034.26 5,034.26 Haugh Payloader 12,876.00 12,876.00 , - agin Sweeper 10,355.00 10,355.00 -26- SCHEDULE A-8 Page 3 City of Hopkins Hopkins, Annesota CAPITAL ASSETS As At December 31. 1958 Balance Elini- Balance Description 12-31-57 Additions nations 12-31-58 VEHICLES: (Continued) Street Department: (Continued) Trailer $ 200.00 $ , Y :,› 200.00 1952 Chevrolet Truck 279.45 579.45 Snow Loader 1,550.00 1,550.00 International Pickup 350.00 350.00 Cat. Diesel Mtn Grader 11,241.00 11,241.00 ?ruck Carrier and Trailer Axle 4heels 574.00 574.00 Tarco Salt Spreader and Electric Starter 573.60 573.60 Trailer 510.00 510.00 9 4heel Roller 729.20 729.20 1951 Studebaker Panel Truck 495.00 495.00 1953 Dodk- Truck & Hoist Box 10468.50 1,468.50 1953 Ford Truck 802.00 802.00 Dump Box 757.00 757.00 Cub Tractor Hyd. System - 1 Blade 600.00 600.00 Rotary Mower 310.00 310.00 Sherman Loader and Material Bucket 1,800.00 1,800.00 1951 Ford Chassis Cab 595.00 595.00 Austin-Western Pickup street Sweeper 10,5)48.00 10,548.00 Dunn Steel Body 340.00 340.00 1957 International Truck 3,495.66 3,495.66 1957 International Truck 3,495.67 3,495.67 Dunn Steel Body & Gar Wood St. Paul Hoists ( 2) 2,442.00 2,442.00 Gar Wood St. Paul Hoist 485.00 485.00 Loraine 4oto Loader 18,500.00 , 18,500.00 4ater Department: Chevrolet 969.09 969.09 1954 Intl]. Pickup - 1/2 Int. 1,237.73 1,237.73 Sewer Department: Chevrolet 1/2 Ton 1,298.00 1,296.00 1953 Intl w/Alternator and Underframe - 2 1/2 Ton 6,063.89 6,063.89 _ p. 1954 Intl]. Pickup - 1/2 Int. 1,237.73 1,237.73 STRAND & ROE 1952 Chev. 3/4 Ton 495.00 495.00 Carryall Trailer 361.85 361.85 1956 Fordson Diesel Tractor 6,553.00 6,553.00 Hoist Box 566.50 566.50 24n Bell Hole Bucket 204.20 204.20 Sewer Rodding Machine 3.980.00 3,980.00 Total Vehicles $ 210,263.87 $ 411,318.73 $27,780.34 ,5 226,802.26 -27- SCHED4E A-8 Page 4 City of Hopkins Hopkins, Minnesota OAPITAIIASSE4S At air 31. 19j Balance Elimi- Balance .1)esoriPtion 12-31-57 Additions nations 12-31-58 0, IMP^OVINTS: Streets, Alleys, anti Sidewalks 5 9914,608.89 $ 55,202.21 $19,826.83 51,029,9814.27 Street Lights 116,145.47 116,1145.147 Parking 'Asters 22,889.56 183.59 23,073.15 Sign Lights 16,400.00 16,400.00 Parking Lots 23,030.52 23,030.52 Storm Fewer& 195,000.00 ( 3,664.39 ( 143,767.147(1) 242,431.86 Traffic Signals 13.972.23 - 13.973.23 Total Other ITprovelents $1.368.0/4.44 -1:116.790.89 42.82643 $1.465.038.50 Totals 14,(99,57 ]3 83 83 $91-11474.0_14 44,4.0,0_802 Note: (1) Transfer. Pi STRAND & ROE -28- SCH,ENLIZ A-9 City of Hopkins Hopkins, Minnesota REVENUE UTILITIES ,al FSET S . 1 1 PRE01 T GN As At December 31k 19 .11ow . . , . . et 0 Balance Deprec. Balance Date Description Cost Rte 12-31-.57 19,58 12-31-58 vi TFAH_LMIgn 12-31-57 Land $ 4472 .20 12-31-58 1725. 12-31-57 Wells, Tanks, Mains, and Equipment $ 972,670.49 2% $ 82,387.25 Special Assessments 246.836.74" 12-31-58 Balance 1112124542•23 $22,011.78 $104,399.03 12-31-57 Office Equipment $ 4,101.98 101 980.19 Current surplus 1.946.2 12-31-58 Balance $ 6,048.23 507.51 1,487.70 Vehicles: Chevrolet i) 969.09 25% $ 969.09 969.09 Int'l Pickup 1.237.73 1.083.01 15/4,72 __LULU 12-31-58 Balance $ 2.206.82 2,052.10 $ $ 2,206.82 Totals $.14 23211437.48 Q_85:419.54 P24674.01 098$093.55 a-wEn au= 12-31-57 Pumps, Mains, etc. 939,488.22 2 1/2% $106,470.87 Special Assessments 13,067.52 Current Surplus - 12-31-58 $ 952,555.74 $23,650.55 $130,121.42 12-31-57 Office & Equipment $ 3,428.85 10% 910.67 12-31-58 3,1428.85 342.89 1,25,3.56 Vehicles: Chevrolet 1/2 T.$ 1,298.00 25% 1,298.00 - 1,298.00 1953 Int'l 6,063.89 5,909.16 4.73 5,913.89 Eliminated 6,063.89 5,913.69 1954 Intel Pickup 1,237.73 1,083.01 4.72 1,087.73 1952 Chev. 3/4 1'. 495.00 371.25 23.75 395.00 Carryall Trailer 361.85 226.15 90.146 316.61 1/f Fordson Diesel 6,553.00 2,354.25 1,569.50 3,923.75 STRAND Hoist Box 566.50 212.45 141.63 354.08 & ROE Bell Hole Bucket 204.20 - 51.05 51.05 Rodding achine 3,980.00 - 1497.50 1497.50 Electric Iotor 473.00 - 59.12 59.12 Totals ,) 15.169.28 $ 11.474.27 $ 2,442.46 $ 7,982.84 Totals a _915381 A18183.5.81 ;261435.90 39,357JE- -29- SCHEDULE A-10 City of Hopkins Hopkins, Minnesota GENERAL FUND Fricv ASSFTF ANT DEPRECIATION As At Decellber 31, 1958 7NGMEERING DEPART Allowance or peoreciation Balance Deprec. Balance flats i)escription Cost ate 12-31-57 198 12-31-58 Prior Borger vulpy Level $ 310.00 10% $ 186.00 $ 31.00 $ 217.00 Royal Typewriter 142.38 85.44 14.24 99.68 File Cabinet 69.50 41.70 6.95 48.65 Monroe Calculator 125.00 75.00 12.50 87.50 Desk 142.65 85.62 14.27 99.89 Blueprint Cabinet 242.75 145.62 21 .27 169.89 Steel File 91.26 54.73 9.13 63.86 1953 File Cabinet 80.70 40.35 8.07 46.42 Friden Calculator 340.00 170.00 34.00 204.00 Blueprint Cabinet 56.25 28.15 5.63 33.78 Drafting Table 115.00 57.50 11.50 69.00 1954 Posture Chair 27.95 11.20 2.80 14.00 Steel Gray Desk 182./414 73.00 18.25 91.25 Gray Executive Desk 126.23 50.48 12.62 63.10 Royal Typewriters ( 2) 355.00 142.00 35.50 177.50 File Cabinets ( 2) 237.60 95.04 23.76 118.80 Press-ur-Meter w/Case 153.50 61.40 15.35 76.75 Aerial Maps 262.00 104.80 26.20 131.00 Shelving 21.50 8.60 2.15 10.75 H.R.V.P. Transit 550.00 192.50 55.00 247.50 1957 Fngineers Level 350.00 17.50 35.00 52.50 1958 Brunson Rod 45.00 - 2.2 2.25 Total Equipment .;4,024.71 $1,726.63 $400.44 $2,127.07 Prior Chevrolet Panel Trick 1.343.01 25% 1.34.,.01 - 1.343.01 Totals Li32113 i3L9,01L614 A0044 3l470.08 V STRAND & ROE -30- SCHEDULE A-11 City of Hopkins Hopkins, Minnesota ACCORTS PAYABLE A At December 3.1.212i8. Description Amount GENE3AL REVENUE: Suburban Gas Agency $ 537.00 Dr. Drill 200.00 Lehn Electric Company 840.77 State Highway Department 3.750.00 $ 50327.77 SR UTILITY: City of Minneapolis - Sewer Treatment $6,448.50 City of Minneapolis - Sewer Maintenance 1.251.00 7.699.50 Total to Exhibit A TS As At December 1958 ?_ "IANE:f VEMEN * - ! Nr Swanson Excavating Company $3,100.54 - Lee Electric Company 2.880.00 $ 5,980.54 SEWER UTILITY: Swanson Excavating Company 9.379.02 Total to Exhibit A 0.54,.$52.60 V ST R AN C & ROE -31HEDULE A-1 . - City of Hopkins Hopkins, Minnesota A . . 1kt TO I " IF INN ' _ •G . 0ISP$SAL , 4 OSTM As At December 21, 1918 jnstallmente,Due Amount December 31, 1959 $ 712.02 1960 697.45 1961 680.51 1962 663.56 1963 646.61 1964 629.67 1965 414.43 1966 319.36 1967 106.49 1968 Total to Exhibit A 4443.9.009 STRANI & ROE 6� xs 1 a'g0 5 11f1P , c� b;v:PP v;ro�aro a;yR'Mni •- 444' 4tD4�L�' cr to y .3 i r`f yC.mNNMM N•W•HHNNMN •I. JHOP c NN_ d� a g : 1 `p, illm ] r+ « o n � !5. «« n Uto�sl co b � �► 333 11 e+ 3 A a 8833 Cr m F 3 ip. (T p�p��T r7� r p� p p 1 t`1 1 1 1 1 ��1 In 1�1 1 1 VDWi W.Ob'f,D 1 71 1 IVe1 1 e1-�r+r+rVrtr '+f+ r TI i.+rrrr+ rrr+rr�r+rr 4+444'+4444 `17^Nv 4+?:4 �,�j 1?Z�'-t C'w`N�v.F'1 wN V,,�lI cc, 4I ti,,Vi�1 1 Ia a U? 1 s fi�W NN NN �NNN1�N2+'.+ NNF+MW W NN F"Ww�y N I...I....%3 IgIS ipyV` ..:�:.W,OZYL SIN �..Cna"t'V•C"Cr 5Va 6MO NC"'-+WV, M4VMAVlVW i bC a , F n�?n �Z.., Tn x1 Vi kc V. T'•i,0..Y 7.100 .E tR T4 W k1?3 20.20. 2F? 2310 kn 11 W . 2. spy tj 0 ♦a E} 40 en 0 any to ' O CD F'C+ N ka OO 0.I..O�V►'lO � a�iO 8 § §§§§§§ § §§ §§§§§§§§§ 8 §§§ § i§i"§"§"§ § !4a 0 8 888888 8 88 8 888888888 8 8888 8 88888888 ..1 a . ,.4 .to (0 60 FS' !1 0 0} 0- vppi 8.�8'o8N..% . Q O O O O O r 8 8888 115 H EA++ {f !: .��h++ 4. 40 .. + P N N 40 OvRN NCO C' 4�CDNktt kr, OlR©rV~irlO$ � . ,.8 8 $ 8$ 8 888 888 88888 8 888888 �'' •4A M ff ^.. ff 10 E. dA �p b W 1"�N 1. W.... Vl!•+ b N►+F+ N pC OOP�N :n rt 000 Y,Y, O 0t00s ?,' P.(T� 8O883P5 N 13 If [,..,,„.._., 88888 8 88 8 888888 ' 8 88888888 8 8888888 n Ei U 40 IS F/i tfr i,: 'y 7V ` 1"'N L" NN N N O W�� W W .4- so a-as so F+ p • Vl N� �.i� �O lR NW N NN N ►+ V N p�0 p kip O psiWF+Os 1� a tO W.C OOW,VN'i V O� 1�-• OOO•N�Oin r? f°,Gyo O�O.VAI V QOOO HVINO M« 8 888888 0 80 8 888888888 8 $088 a 8888888 A W A y ;IX O -33- SCHWJLZ, A-14 City of Hopkins Hopkins, Iinnesota SPZ.0,141 ASSESSIENT An. Bolip MATURITIES As At Deoelber 11,0_1958 Aater Ilnroverient Bonds Totals DATE OF ISSUE 11- 1-47 12- 1-52 3- 1-53 6- 1-54 livingrt DLT z Jan 1 Feb. 1 Dee. 1 Dec. 1 INTETZErT RATE 1.8 - 2.4% 2% 2.7% 2.4 - 2.8% BONDS FIXABLE: 1959 $ 2,000.00 $11,000.00 $ 25,000.00 $ 30,000.00 $ 68,000.00 1960 2,000.00 11,000.00 25,000.00 20,000.00 58,000.00 1961 2,000.00 11,000.00 25,000.00 20,000.00 58,000.00 1962 2,000.00 11,000.00 25,000.00 20,000.00 58,000.00 1963 2,000.00 11,000.00 31,000.00 20,000.00 640000.00 1964 1,000.00 20,000.00 21,000.00 1965 1,000.00 2,000.00 3,000.00 1966 1,000.00 2,000.00 3,000.00 1967 1,000.00 2,000.00 3,000.00 1968 1,000.00 2,000.00 3,000.00 1969 2,000.00 2,000.00 1970 2,000.00 2,000.00 1971 2,000.00 2,000.00 1972 2,000.00 2,000.00 1973 2,000.00 2,000.00 1974 2,000.00 2.000.00 Total Bones V ke l, Payable A549,00,00 05_1000.00 iA314000.09 i150.,_000.00 .051,900,90 F TURF INTEWT: 1959 1 336,00 $ 990.00 $ 3,537.00 . $ 3,700.00 . $ 8,563.00 1960 288.00 770.00 2,862.00 2,980.00 6,900.00 1961 2140.00 550.00 2,187.00 2,500.00 5,1477.00 1962 192.00 330.00 1,512.00 2,020.00 4,054.00 1963 144.00 110.00 837.00 1,540.00 2,631.00 19614 108.00 1,060.00 1,168.00 1965 84.00 580.00 664.00 1966 60.00 524.00 584.00 1967 36.00 468.00 504.00 1968 12.00 1412.00 424.00 1,0 1969 356.00 356.00 STRAND 1970 300.00 300.00 & ROE 1971 2140.00 240.00 1972 180.00 180.00 1973 120.00 120.30 1974 60.00 60.00 Total Future Interest 7,4500.00 0,750.00 1010'935.00 174040.co $324,4$.00 C")%otil o otos to 0,F,I-,P.I-,I-'P.14eP,14 bCP°;&I°ngw nP�rP+TYO1 som-pa.,vii�A.°i rotom•$ ro •0 o o • p. F00 r� A 6 O. n CO C. V H ti crt CD W8 8 8 8 ax r so 1 COti I4-1 0 �� :d '0 • -t niVAI 8p 88 r ut 9! ;! 8 §§ v : rrrrrrr rrrP. 'V mo d $m°;ONVI1=wP4t,0s'o o--, •OO.O.0.00..0.0'45‘D•O.0.0(9 b P24\gel Lal.tnO. .`nm gA DI Q 4i �r C fl. al C3 m g. H h Q b 014 g 8 m r Y F� . ,) o ,.... 0 MI N 1 88 O. WW Il so [':°8'8'8 r N 'N%A• r 8 8.S ;$ 8 = r„,..1 ; 4, - .1 C�pr' qyN E ` 1 O O ,O V1 C 1 y 8 88 8 r8 88 N r N a ig 8 Q § $ S 8 8 r 8 18 8 8 8888 8888 R 61 W. [i:5 q, .. ..: 8 •v $ 3g8 8 88 8 88 r- ve c 12 '��.b'nrGrr"3 o r�rrr�:r r o, m r • w w r w r r r r Or N K;4 8 f.3 888888388 8 88888888 v 1=wm � • R N N a r,; r. F+ til € F+LIZ.'FVNlU P�W�bf ~ i :J:..ry rO i''' �.-I0 o r C `v,it �J•.F- ;� m �n.n us o•0,0......-..3-40, �., m © •$ � � 25 5$ 0 ''''''68.' 6'VO4000Sc$ 1..., m� 8 8 8 88888888888 .8 8 8888888888 .m c a U C h r �wmb�: 8 �888888 8 88888888888 N!m o NWWWWWkW 0QQ �.• oSL5•re•i8SW4i p8 I° E5 Yi b En N N .O w .No Iti r r o �cC'yn�+�•C N o N rrnnrr H. VI W •QWV R 8 8 8 8888888 8 8 8888888 • Fr; m co 0) 1:8' N r :;N NN 8 0 0 r00' F S :O 8 8 8 O C: 1 lY f . :R :N r w 8 8 888 8 PwW 8 8 888 8 8C' g' d. 4 {j� .., a �� s 8I8§ a 0�8le a '8 8 8 88888 g 8 8 88$ "i • N O. F+N:F'VVl�ONO.pOo bmp r� WWWC'VNI OPV: f7 G O C: pew pp�wpQ. � Wv01O [18 ►�n1 Vt•�Op�.Or-�7 prep pOp p�� O rtl 'CO r OG OOOa^1 VPVIWN m OVvtnWN•OWV!-� ''.8 8 •8 88888888888 8 8888888 8� -36- 'OHED,LE A-16 City of Hopkins Hopkins, Iinnesota SEWER UTILITY REVRNVE BONDS - Otip RETIREMENT FUND As At ifecelber 31. 1958 "Am OF ISSUE: 9- 1-58 IATURITY DATE: Dec. 1 IiirERESr RArF: 2.5 - 3.4% Bonds Future Year Payable Interest Reserve Total 1959 13,000.00 $ 4,586.75 $ 879.45 $ 18,468.20 1960 13,000.00 3,346.00 817.30 17,163.30 1961 13,000.00 3,021. 00 801.05 16,822.05 1962 13,000.00 2,696.00 784.60 16,480.80 1963 13,000.00 2,332.00 766.60 16,098.60 1964 12,000.00 1,968.00 698.40 14,666.40 1965 12,000.00 1,596.00 679.80 14,275.80 1966 12,000.00 1,224.00 661.20 13,885.20 1967 12,000.00 816.00 640.80 13,456.80 1968 12.000.00 408.00 620.40 13‘028.40 Totals $164090,P0 $ 21.2225.7 L7z349.80 114,3145.55 FU44ARY BOND RETIREAFNT FUNL Bonds Future Description Payable Interest Reserve Total Tax Levy Issues ( Feheoule A-10 w655,000.00 89,410.00 $47,498.00 $791,908.00 Revenue Issues (Above) 125.000.00 1, 925.75 7.349.60 154.345.55 Totals $789,000.00 $111.4405.75 $.54,§47,,50 046,253,55_ LEVIES: Tax Levies $736,001.00 Revenues 44.34555 490,346.55 CURRENT COLLECTIONS: Tax Levy $119,802.00 Revenues 18.468.20 138.270.20 STRANC & ROE CQILECTIONS - AITUff YAR F $752, 7_6.35 -37- EgMULLA:11 City of Hopkins Hopkins, Minnesota REVEN1q HOLM - GENERAL yqp AS At a ;.lber ' 19c'8 cever,..ge Public Waterrater rystel Utility Revenue Revenue Pevenue Rotvelige rotal PATE OF ISSUE 6- 1-54 0- 1-57 12- 1-45 12- 1-49 diEMLWAE June 1 June 1 Dec. 1 Dec. 1 INTEREST RATE 2.5/2.9/3.0Z 4/4.3/4.5% 2.25Z 2.75% BONDF PAYABLE: 1959 $ 10,000.00 $ 10,000.00 $13,000.00 $40000.00 $ 37,000.00 1960 10,000.00 10,000.00 13,000.00 33,000.00 1961 10,000.00 10,000.00 13,000.00 33,000.00 1962 10,000.00 10,000.00 13,000.00 33,000.00 1963 10,000.00 10,000.00 13,000.00 33,000.00 1964 10,000.00 10,000.00 13,000.00 33,000.00 1965 12,000.00 10,000.00 13,000.00 35,000.00 1966 12,000.00 10,000.00 22,000.00 1967 12,000.00 10,000.00 22,000.00 1968 12,000.00 10,000.00 22,000.00 1969 12,000.00 10,000.00 22,000.00 1970 13,000.00 10,000.00 23,000.00 1971 13,000.00 10,000.00 23,000.00 1972 13,000.00 10,000.00 23,000.00 1973 13,000.00 10,000.00 23,000.00 1974 13,000.00 10,000.00 23,000.00 1975 20,000.00 20,000.00 1976 00.000.00 20 000 00 -.......—....1...--1.-- Total Bonds Payable A854900,00 000°C"° 6914PP(Lki°°°•°° $48°.099 )9 PUTURE INTEREST: 1959 4, 4,978.00 $ 81320.00 $ 2,047.50 4, 110.00 4; 15,455.50 1960 4,728.00 7,920.00 1,955.00 14,603.00 1961 40478.00 7,520.00 1,662.50 13,660.50 1962 4,228.00 7,120.00 1,370.00 12,718.00 1963 3,978.00 6,720.00 1,077.50 11,775.50 1964 3,728.00 6,320.00 785.00 10,833.00 1965 3,453.00 5,920.00 292.50 9,665.50 1966 3,129.00 5,520.00 81649.00 1967 2,781.00 5,105.00 7,886.00 1968 2,433.00 4,675.00 7,108.00 loe 1969 2,085.00 4,245.00 6,330.00 1970 1,722.50 3,815.00 5,537.50 & ROE 1971 1,345.50 3,375.00 4,720.50 1972 968.50 2,925.00 3,893.50 1973 585.00 2,475.00 3,060.00 1974 195.00 2,025.00 2,220.00 1975 1,350.00 1,350.00 1976 _____ 450,00 Ii0.00 Total Future Interest 1441_010 L§5,800.09 $ 91,199:00 k 110-00 510941 .50 .__J 114!!!;1;41;41 �a �+O NNW i��pf�at 1+7�wrp�Sfril gq -. iQQQYp i4 .3 d. 1444g4g gk 131 . g ii F py pp s•��", tl �-♦ dIr WO MI or 1.4 W Cis ~ O i0 Y � x �O,qa�`i " fro h 1 1 E. r V r fi' fi: k- 6� � Vt O vl CD4 � ;•., • '�'� �t 1 ~ f0 O pN� Vrl trju pW� O� fi' W ON© W L $~ 1 �r • 8 $ roS 8 m 8 •88N 1+ 1.. i• !'": QQn m Wg+o 0 w er. IE a: k & v IR p 'N N 17_ 'pp P C . ip 8 CT r C' V� E: 1 r N ., 0 N o' ., C .4... r y u. 43 p � 't 1 (is .O 3 r[ 1 74 ‘.. eat .11; + El R7 N 873 if • 8-1 et ere Cyi h r 4J. �i�j bD ill pQ `� r " o "' r F"VV '.OWN pw O ��' 8S��..rr �Qp b pm W •O♦VOl •P-•O O p�N• � �pW� + !� We• Zil G, • S S :Slat • iii] N b VNl Q I.W./ O..sy{� f=i :Yi 'N ':a Citi ,C (T lJ CD [[�l��f O O O Vl V1 40 O Oe .7,1 8 ZO«� MI 8 a N ,; N CO P- V' �r W W QQ r o L� o Gv`0i��s Cn� ..,,ww'05 -amt., ul w 'i 6' Vo S p. ` ORS P p Vi `O`O NpOW L1:4W4� C6o=4 WN�.1 Nu) rVIQ)WO4VI r040 OpNr r 1 P1 Osom.).Or VINV\ vOVt CD r °� 8 8 8m 8�2fi� n1 per Mit 88e L4'0 g it ll ✓ WON r W W 1 § [.,,, N Vi WOWv ►►88 8 VVti b c xi �Tt .O • 8 ir pN a N ,f, Nl �cyr q No N• a �• 8 W Z-488 b o� N r, v wli m zie,w, r N V1SO▪ S f-, N -s� :(L p.. ,C.F. `� � N :K mHT f] 04 CD C N N U C' W w—%1 V Fi o HP- w Zvi m r•o m �^�$'o e vri ro IF co oY�OOWWGv..,t�o� rw. 8 w '�+,r�o-�b"woN .. r .. I. • %. 1/0 r • a f-W N Orb,• • �• w • b •FAN• •CS• •U p QQO�W yp^.Wp13.„ 8 '. 8 o N '•0- r Cb W 0• y J% VNI Cv • + •0•Q�7•VtN OO.•O�D�O• •S•0�0n�i r-, 818%1 OFCAS OVI O�VNL•0a r SSSv SVNtSSm�BO�v j.7 NSO�v1C'�OVwi8gNWSSC�Oa Pd IfIJtII '''��jjjQQQ H Fee+ .. OOn m fh ipsc galil . 0 „....„ rz: 1'1 I',+ 0.'Cy q3 Oib7 !:::-',, i I h•4 ggu 4}aP� ©�y Rlt+• tla 44 r ; b ems+ m1•Ea cchhOf ' Ato UU11 m L n 1$w taemi:'1 � mpopa �1WoNW �D 811 • IN la If ii `moorW if 88 �' Ed ea N,.. , y C,7L f3v- iii • • • va iit 4 .1 • N qii t .ro f, ,„ 44, v: a a g o r �r n`�i aQe 7.., r y Ow �' L.O� Vwl N W R f ag C 8 • N N NNN5. N N rW 6 IW ° P 066HMO P 6 W rco. W0 W W O C r . Q t Vs N �' C•'1 a rWN 'rr'�i 5 1 �5a. NNrR +` o g .W p y�r`pODC � 8 f�•ppp8 F'w OW., •ON C•�GQO �1 ►d °▪' $o8a,smWa � • rn z s.., Ri w oF,', ti' y, r, �w w m v. . 11 Wmo .0 RiE w�` °' g 8`° r N. W o m w w 11 a P IP S 8 W r WN NM 1-- r 1r�rcm � arWwWrn6`.' o� v^'io+w mNro�sw g 1P1 N .,41171)F-1.4�ci.�it . § � ai $ r y $o$�rnrgrn� W L- kg§ 8N�$8� ;0 -40- EXhIBIT C-2 City of hopkins hopkins, Minnesota ANALYSIS OF CAPITAL SURPLUS For the Year Ended December 31, 1958 BALANCE -.DECEMBER 31, 1957 $3,421,591.14 ADDITIONS: Current Surplus: Administrative $ 494.84 Law and Judiciary 50.00 & Police 1467.148 4, Street Safety 25.00 '\ Engineering 45.00 Public Parks 1,546.73 Capital Improvements $46,322.58 Add: Trade In Allowances 18,367.34 65,189.92 Water Utility 2,356.36 Sewer Utility 883.11 Beach Concession 38.00 Parking Meters 183.59 Special Assessments 113,961.11 Utility Projects 252,557.22 $437,798.36 Bond and Interest Payments 47,685.50 485,483.86 $3,907,075.00 DEDUCTIONS: Items Sold or Traded: Land Sold i 100.00 aluipment Traded 2/a72221.24 $ 27,880.34 Less: Depreciation Taken 5,913.89 21,966.45 Interest Charge on Street Assessments 19,826.83 Depreciation for the Year: water Utility $ 22,674.01 Sewer Utility 26,435.90 Engineering 400.44 49,510.35 po Projects Authorized - Iron Removal STRAND Plant Completed 200.000.00 _291,303.62 & ROE BALANCE - DECEMBER 31, 1958 041, 1-7.71_•_37 -41- EXHIBIT D City of Hopkins Hopkins, Minnesota COMPARATIVE BALANCE SHEETS Is At A At Increase P ssets 12-31-57 12-31-58 Decrease Cash on Hand and in Banks $ 395,082.52 435,442.98 $ 40,360.46 Funds in Hands of Fiscal Agents 32,178.03 4,966.63 27,211.40 Accounts Receivable 8,131.15 10,705.72 2,574.57 Assessments Receivable: Permanent Improvement Revolving Fund 588,596.86 608,451.85 19,854.99 Special Assessments Fund 345,597.42 241,393.55 104,203.87 Future Assessments 344,568.79 330,969.98 U,595.81 Current Tax Levy 522,737.00 608,685.20 85,948.20 Future Tax Levies 736,001.00 752,076.35 16,075.35 Inventories 23,937.38 24,632.44 695.06 Prepaid Expenses - 410.00 410.00 Lerk in Process 644,318.30 391,283.65 253,029.67 Contract York 52,633.82 15,359.56 37,274.2:, Capital Assets 4,099,517.13 4,4892608. 2 390.091.19 Total Assets 17,79.1299_a0 .24213499;k2.4 J142a.talal Liabilities, Reserves, and Surplus Accounts Payable $ 180641.10 $ 13,027.27 $ 5,613.83 Contracts Payable - Projects 52,633.82 15,359.56 37,274.26 Contracts Payable - Sewage Disposal 5,629.28 4,900.39 728.89 Funds in Escrow 3,400.00 1,200.00 2,200.00 Projects Authorized 659,568.79 495,969.98 163,598.31 Prepaid Revenues 15,005.00 15,309.00 304.00 Bonds Payable 1,689,500.00 1,611,000.00 78,500.00 Future Interest 314,455.00 283,546.25 30,908.75 Notes Payable 6,000.00 3,000.00 3,000.00 Reserves: Reserve for Depreciation 207,324.99 250,921.45 43,596.46 Reserve for Current Tax Levy 426,096.00 470,415.00 44,319.00 Reserve for Uncollectible Taxes 55,566.00 54,847.80 718.20 Fund Balance 830,000.00 830,000.00 - Surplus: Current 87, 888.28 248,723.16 160,834.88 V Capital 3.421,591.14 3,6771.37 J24,180.23 STRAND & ROE Total Liabilities, Reserves, and Surplus 1472.34122.4Q .. _7_,..914221.23 ‘51?2,1=§21,41 -h2- SCHEDULE 1 City of hopkins hopkins, Minnesota GENERAL FUND - STATEMENT OF REVENUES For the Year Ended D12ea)11:j1A01212 Actual Estimated Over lievenues Revenue Revenue mhggE Property Taxes: Current $422,736.61 $426,096.00 $ 3,359.39 Prior 3,196.64 2,304.00 892.64 State-Shared Taxes: Liquor 8,278.55 8,000.00 278.55 Mortgage Registry 2,722.30 2,000.00 722.30 Bank Excise 1,733.33 2,000.00 266.67 Cigarette 8,087.24 7,000.00 1,087.24 State Aid Roads 8,000.00 - 8,000.00 Licenses: Amusement Devices 70.00 100.00 30.00 Bowling Alleys 110.00 75.00 35.00 Dance halls - 30.00 30.00 Theatres 75.00 75.00 - Cigarettes 627.00 500.00 127.00 Soft Drinks 257.00 200.00 57.00 Billboards and Signs 16.00 - 16.00 Milk Sales 26.00 25.00 1.00 Milk Trucks 107.00 100.00 7.00 Liquor - On Cale 9,600.00 9,600.00 - Liquor - Off Sale 750.00 800.00 50.00 Liquor - Malt - On Sale 753.00 700.00 53.00 Liquor - Malt - Off Sale 233.00 260.00 27.00 Liquor - Clubs 300.00 300.00 - Gasoline - Filling Stations 635.00 . 500.00 135.00 Gasoline - Bulk Plants 200.00 200.00 - Dog Licenses 448.75 450.00 1.25 Bicycle Licenses 359.25 300.00 59.25 Taxicabs 54.00 35.00 19.00 Used Car Lots 1,100.00 1,000.00 100.00 Electricians 1,030.00 900.00 180.00 Plumbers 370.00 400.00 10.00 Oil and Gas Installations 325.00 250.00 75.00 Peddlers' Licenses 200.00 150.00 50.00 Ice Skating School 55.00 50.00 5.00 License Transfer 2.00 - 2.00 Permits: Building 3,273.00 2,500.00 773.00 Electrical 2,431.65 2,000.00 44.65 po Plumbing 582.00 600.00 J.A.J.00 STRAND Oil and Gas Burners 148.00 100.00 48.00 & ROE Street Openings 811.00 300.00 511.00 Departmental: City Clerk: Assessment Reports $22.00 Telephone Commissions 44.78 Sundry 36..20 103.08 700.00 596.92 Municipal Court 18,703.20. 14,000.00 4,703.20 Fire Protection: Contracts 7,851.00 6,500.00 1,351.00 Dog Pound Fees 151.00 - 151.00 -43- SCHEDULE 1 Wage 2 City of Hopkins Hopkins, Minnesota GENERAL FUND - STATENENT OF REVENUES For the Year Ended December 31, 1958 Actual Estimated Over Revenues Revenue Revenue Timer Departmental: (Continued) Sanitation Fees 359.50 '.'ts - $ 859.50 State 1,elfare Aid 254.37 - 254.37 Direct Charges - City Property Damage 263.76 - 263.76 Library Fees 983.06 850.00 138.06 Recreation: Salary Subsidy 810.00 800.00 10.00 Contributions: School District $11,500.00 Minnetonka Mills 500.00 1 Women's League 150.00 Junior J. C. 's 220.91 12,370.93 12,000.00 370.93 Beach Parking 2,338.50 2,000.00 338.50 Self-Sustaining Activities 529.97 529.97 Fees: Swimming Beach $ 923.49 Crafts 106.91 Basketball 585.00 Softball 611.50 2,226.90 3,590.00 10363.10 Refund on Telephone 1/4.72 - 14.72 Sale of Diving Board 20.00 - 20.00 Miscellaneous: Equipment Sold '$ 82.75 Lot Sold 100.00 Impounded Bikes Sold 27.06 Surplus Commission Refund 98.20 308.01 1,000.00 691.99 Interest - 1,500.00 1,500.00 Special Assessment Overhead Charges 27,019.98 40,000.00 12,980.02 ater Utility - jhare of Administrative Charges 6,963.28 - 6,963.28 Sewer Utility - Share of Administrative Charges 6,525.37 - 6,525.37 Property Rental Reserve 500.00 >00.00 - 'fetal General Revenue $568,554.95 $553, 340.00 $15,214.95 Water Utility: Service $104,358.65 Less: Transfer to Sewer yo Utility 15,653.80 88,704.85 71,000.00 17,704.85 STRAND Hydrant Rental 16,000.00 16,300.00 - & ROE Other Income: Nalco Balls Sold $ 250.00 Standby Service Charges 150.00 Meter Sales - Carrying Charges 4.90 Scrap aales 317.85 722.31 1.000.00 277.2$ Total 1.ater Utility $105,427.60 $ 88,000.00 $17,427.60 -44- $ChEDULE 1 Page 3 City of Hopkins hopkins, Minnesota GENERAL FUND - STATEMENT OF REVENUES For the Year Ended December 31, 1958 Actual Estimated Over aevenues Revenue Revenue Under Sewer Utility: Service $ 73,594.32 $ 70,000.00 $ 3,594.32 Transfer Fees - Water Utility 15,653.80 12,000.00 3,653.80 Connection Charges 2,750.00 3,000.00 250.00 Accrued Interest - Bond Sale 724.00 - 724.00 Total Sewer Utility $ 92,722.12 $ 85,000.00 $ 7,722.12 Firemen's elief Fund 4,742.56 7,000.00 . Grand Totals 11.71,447.123 171.1.01QAPO. 43107,23 STRAND & ROE -45- SCHEDULE 2 City of riapkins Hopkins, Minnesota GENERAL FUND - SUMMARY OF DISBURSEMENTS For the Year Ended December 31, 1956 Actual Appro- Over Description Expenditures priations Under Legislative $ 11,562.64 $ 11,500.00 $ 62.64 Administrative 36,856.83 41,000.00 4,143.17 Law and Judiciary 7,266.65 7,600.00 333.35 Municipal Building 6,198.48 6,500.00 301.52 Planning and Zoning 520.25 1,000.00 479.75 Elections 2,734.22 3,000.00 265.78 Insurance 8,313.67 10,000.00 1,686.33 Retirement 8,533.75 11,000.00 2,466.25 Police Department 80,980.37 82,000.00 1,019.63 Fire Department 35,638.32 35,000.00 638.32 Street Safety 17,591.88 18,500.00 908.12 Inspection Service 2,641.99 3,000.00 358.01 Dog Control 1,344.75 1,600.00 255.25 civil Defense 778.05 1,000.00 221.95 Engineering 16,852.60 17,300.00 447.40 Administration 16,365.39 17,500.00 1,134.61 Street Maintenance 82,048.58 111,000.00 28,951.42 Sanitation 47,326.92 46,000.00 1, -:' .22 health Department 3,769.65 3,800.00 30.35 Public '.elfare 8,596.08 9,000.00 403.92 Public Library 16,799.34 18,500.00 1,700.66 Public Recreation 35,794.70 34,940.00 854.70 Public Parks 12,902.28 12,700.00 202.28 Hennepin County Parks 1,367.10 1,400.00 32.90 Contingencies 7,464.29 7,500.00 35.71 Special Assessments 272.92 1,000.00 727.08 Capital Improvements 46t42.58 40.000.00 Total General Revenue $517,314.28 $553,340.00 $35,995.72 Vater Utility: Administrative $ 22,405.52 $ 14,750.00 $ 7,655.52 Pumps and g'ells 21,927.62 15,000.00 6,927.62 Distribution 10,427.67 14,000.00 3,572.33 Debt Service _2.61200.87 30,250.00 4.049.13 Total Water Utility $ 80,961.68 $ 74,000.00 $ 6,961.68 Fewer Utility: p, Administrative $ 18,258.78 $ 11,400.00 $ 6,858.78 Lift .-tation 14,013.45 14,000.00 13.45 STRAND & ROE Mains and Disposal 19,266.96 19,000.00 266.96 Debt Service 18569.50 18,600.00 30152_ Total Sewer Utility $ 70,108.69 $ 63,000.00 $ 7. 9 Firemen's relief Fund $ 4.74246 7,000.00 1_22.22.144 Grand Totals - Disbursements 1613,15.7,11 .g274.34.(499 ,V4.44.V2a2 SCHEDULE 3 City of Hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBURSEMENTS For the Year Ended December 31, 1958 Appro- Over Description Expenditures priations Under LEOISLATIVE: Salaries: Mayor $ 300.00 $ 300.00 $ - Council 391.67 400.00 8.33 Clerk 7,072.00 7,300.00 228.00 r'udit 1,450.00 1,500.00 50.00 Publications 1,904.52 1,500.00 404.52 Dues 290.50 Printing and Supplies 153.21 444.45 500.00 5545 Total Legislative $ 11,562.64 $ 11,500.00 $ 52.64 ADMINISTRATIVE: lar tee: City Manager $9,344.00 Finance Officer 5,670.00 Clerical 4,104.00 Assessors 4,336.00 Stenographers 7,164.05 $ 30,618.05 $ 33,000.00 $ 2,381.95 Transportation and Travel: Convention $ 360.45 Auto Allowance 656.84 Gas and Oil _ 130.114 1,147.43 2,600.00 1,452,57 Supplies 2,201.41 1,600.00 601.41 Printing and ['tationery 1,094.54 1,500.00 405.46 Communications 1,300.56 1,500.00 199.44 Iuipmen t: Thermo Fax Machine & "tam $ 318.50 Bookkeeping Machine Stand 121.57 Foam tubber Chair Cushions 53.60 Frames for Maps 1.17 _ LELLL , 80o.o0 305.16 Total Administrative $ 36,856.83 $ 41,000.00 $ 4,143.17 LAI: AND JUDICIARY: Salaries: Judges $1,200.00 Clerk 1,200.00 Attorney 1,800.00 mo Clerical 34.40 ',-; 4,234.40 $ 4,339.00 $ 104.60 STRAND Other Services: a ROE Legal Fees $ 596.75 Claim - Ida Carlson 50.00 Chemical Analysis 185.00 Judges' Association Dues 10.00 Telephone Service 216.38 Jury Fees 14.00 1,072.13 1,300.00 227.87 Supplies: Judgment Docket 98.50 Stationery and Printing 281.59 Typewriter $89.50 Less: Trade-In 39.50 , 50.00 v 430.09 620.00 189.91 -47- SCHETULE 3 Page 2 City of hopkins hopkins, Minnesota GENERPL FUND - STATEMENT OF DISBURSEMENTS For the Year Ended December 1.., 1958 Appro- Over Desc-iotion Expenditures priations Under LA- AND JUDICIARY: (Continued) LAW Suits: Curtis Jensen $ 180.00 $ 140.00 $ 40.00 Enger Johnson 360.50 361.00 .50 Court Officers -----282L 840.00 14453 Total Law and Judiciary $ 7,266.65 $ 7,600.00 $ 333.35 MUNICIPAL BUILDING: Salaries $ 2,433.07 2,000.00 $ 433.07 Utilities 1,129.09 1,000.00 129.09 Fuel 1,025.90 1,300.00 274.10 Supplies 789.04 800.00 10.96 Fe airs 821.38 1,400.00 578.62, Total Municipal Building $ 6,198.48 $ 6,500.00 $ 301.52 PLANNING AND ZONING: General Expense $ 3.95 300.00 $ 296.05 Surveying and Mapping 516.30 700.00 183t/2 Total Planning and Zoning 520.25 $ 1,000.00 $ 479.75 ELECTIONS: Salaries $ 2,555.70 $ 2,600.00 $ 14 .30 Supplies 178.52 400.00 221.48 Total Elections 6 2,734.22 4i 3,000.00 $ 265.78 INSURANCE: Fire $ 694.614 $ 1,000.00 $ 305.36 Comprehensive Auto 2,392.56 2,500.00 107.44 Lorkmen's Compensation 4,814.47 6,000.00 1,185.53 Official Bonds 412.00 500.00 88.00 Total Insurance $ 8,313.67 $ 10,000.00 $ 1,686.33 PUBLIC EMPLOYEES' RETIREMhNT ASSOCIATION $ 8,533.75 11,000.00 $ 2,466.25 POLICE DF2A1-4TME2T: Salaries $ 71,269.92 $ 71,000.00 $ 269.92 Communications 1,237.07 2,000.00 762.93 P‘ Auto Operation and Maintenance 3,825.04 4,500.00 674.96 STRAND & ROE Equipment: Bullet is.elcader $367.80 Barricade 20.12 Clock 14.95 First Aid Cases 7.11 Belts 17.00 File Boxes 7.50 Blackjacks )13.00 467.48- 1,200.00 732.52 Supplies and Medical 930.76 600.00 330.76 Uniforms 768.12 1,400.00 631.88 Boarding Prisoners 2,476.98 1,000.00 1,476.98 Towing Charges 5.00 300.00 295.00 Total Police Department $ 80,980.37 :,,) 32,000.00 $ 1,019.63 -48- 6ChEUL] 3 Page 3 City of Hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBURSEMENTS For the Year Ended December 31, 190 °pro- Over Description Expenditures alatau t., FIRE DEPARTMENT: Salaries - Cplls 810,451.87 Despatcher 1,020.00 $ 11,471.87 $ 10,000.00 $ 1.471.87 Communications 1,885.92 2,330.00 444.08 Apparatus Maintenance 1,483.80 1,900.00 416.20 Supplies $ 1,797.93 Less: Sale of Old Rescue Truck 475.00 1,322.93 1,320.00 2.93 Transportation and Subscriptions: Fire School $ 200.00 Convention 500.00 Subscriptions and Mileage 78.90 778.90 1,000.00 221.10 Uniforms and Insurance: Insurance $ 196.10 Uniforms 461.36 657.46 450.00 207.46 hose Replacement 980.44 1,000.00 19.56 Hydrant Rental 16,000.00 16,000.00 - Firemen's Relief - Statutory 1‘057.00 1,000.00 )7.Q0 Total Fire Department $ 35,638.32 $ 35,000.00 $ 638.32 STREET SUETY: Street Lighting: Electricity $13,297.43 Repairs 624.66 $ 13,922.09 $ 15,000.00 $ 1,077.91 Traffic Lights: Salaries $ 968.50 Electricity 1,315.96 Repairs 452.95 2,737.41 3,000.0e 262.59 Traffic Signs: Salaries 8 444.89 Signs and Material 462.49 Post Puller 25.00 , 222_.aq 500.00 Total Street Safety 17,591.88 $ 18,500.00 $ 908.12 INSPEcTpx SEMVICE: Slectrical: Salaries $ 2,025.31 Supplies 2.00 $ 2,027.31 $ 2,200.00 $ 172.69 V Weeds: STRAND Salaries $ 484.13 & ROE 43raying 113.61 Publications 16.94 614.68 800.00 18 .32 Total Inspection Service $ 2,641.99 $ 3,000.00 $ 358.01 DOG WITROL: Animal aescue League $ 1,340.75 Payroll 4.00 Total Dog Control $ 1,344.75 $ 1,600.00 $ 255.25 -49- SCHEE Page h, City of Hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBURSEMENTS For the Tear Ended Dc,cembe7317177 ,Appro- Over Description Expenditures priations Under .1111•••••••■•• CIVIL DEMISE: Payroll 89.13 1,alkie Radio Phones - 1/2 Share 533.00 Arm Bands 27.50 Blackjacks 52.47 Supplies 75.95 Total Civil Defense 3 778.05 $ 1,000.00 $ 221.95 ENGINEERING: Salaries $ 15,519.65 $ 16,000.00 $ 480.35 Auto Maintenance 140.92 400.00 259.08 Supplies 462.23 500.00 37.77 Publications and Travel 58.45 200.00 141.55 'uipment: Brunson Rod 45.00 200.00 155.00 Drainage Survey 626.35 626.35 Total Engineering $ 16,852.60 $ 17,300.00 $ 2A.7.40 ADMINISTRATION: Salaries 60016.44 $ 6,000.00 $ 16.44 Vacations 3,531.35 3,500.00 31.35 holidays 2,812.46 3,000.00 187.54 Sick Leave 1,989.50 2,000.00 10.50 Utilities 1,776.66 2,400.00 623.34 Buildings 238.98 600.00 361.02 Total Administration $ 16,365.39 17,500.00 $ 1,134.61 STREET MAINTENANCA: Equipment Operation and Repair: Salaries $ 8,408.53 Gasoline and Oil 4,291.00 Parts and Tires 5,577.74 Supplies 1.398.71 $19,675.98 Less: Equip. Usage Chgs. 2,009.88 $ 17,666.10 $ 20,000.00 2,333.90 General Maintenance: 100 Salaries $13,157.97 STRAND Stripping 1,320.25 & ROE Supplies 447.81 $14,926.03 Less: Usage Charges 103.62 14,822.41 31,000.00 16,177.59 vinter Maintenance: Salaries $ 1,317.75 Salt, Sand, Chloride . 2,270.28 Snow Fencing 58.03 3,646.06 17,000.00 13,353.94 Street Cleaning: Salaries $ 3,814.83 Supplies 53.48 3,868.31 7,000.00 3,131.69 -50- satimajg 17F3 City of hopkins Hopkins, Minnesota GENERAL FUND - drATEMENT OF DISBURSEMENTS FortlleYeDem- Endenber3118 Appro- over Description apenditures priations aga. STREET MAINTENANCE: (Continued) Street Patching: Salaries $ 5,798.34 Blacktop and :load Tar 12,038.90 t 17,837.24 f:s 11,000.00 $ 6,837.214 lesurfacing and Sealing: Salaries $ 1,538.84 Blacktop and Sand 7,324.07 State Aid Expenses 8,000.00 16,862.91 9000.00 7,862.91 Storm Sewers: Salaries $ 3,431.73 Pipe and Supplies 1,153.51 4,585.24 9,000.00 4,414.76 Sidewalk Maintenance: lepairs $ 2,536.18 Less: Direct Charges 21,446.05 90.13 1,000.00 909.87 Shade Trees: Salaries $ 2,160.08 Safety Belt Tree Trimmers (2) 36.00 Stump Removal 400.00 Hedge 58.00 Supplies 16.10 2,670.18 6,000.00 3,329.82 Total Street Maintenance $ 82,048.58 $1110000.00 $28,951.42 SANITATION: este Collection $ 28,186.90 $ 26,000.00 $ 2,186.90 Vacations 1,464.90 1,300.00 104.90 Holidays 1,030.12 1,300.00 269.88 Sick Leave 780.19 600.00 180.19 Equipment Maintenance: Labor $ 183.18 Gas and Oil 1,099.60 Parts and Supplies 972.52 2,255.30 2,800.00 544.70 Dump Operations: Salaries $13,296.63 Extermination 280.00 Supplies 32.88 13,609.51 14,000.00 49049 Total Sanitation $ 47,326.92 $ 46,000.00 $ 1,326.92 mo STRAND & ROE HEALTH DWARIWNT: Salaries $ 200.00 $ 200.00 ,;; - County Nursing 3,569.65 3,600,00 30.35 Total Health Department $ 3,769.65 $ 3,800.00 $ 30.35 PUBLIC VELFARE: County Relief Board $ 8,596.08 $ 9,000.00 $ 403.92 -51- SCHEDULE 3 Page 6 City of Hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBURSEMENTC For the Year Ended December 31, 1953 \ppro- Over Description .xpenditures priations aft PUBLIC LIBRARY: Salaries $ 8,908.70 $ 9,500.00 $ 591.30 Supplies 261.96 300.00 38.04 Equipment 300.00 300.00 Utilities 534.67 400.00 134.67 Fuel 331.46 500.00 168.54 Building Maintenance: Salaries $2,212.83 Jupplies 84.62 2,297.46 2,500.00 202.54 Books and Magazines 4,465.09 5,000.00 534.91 Total Public Library $ 16,799.34 $ 18,500.00 1,700.66 RECREATION: Administrative: Salaries $ 11,742.50 Telephone 225.13 4 Auto and Travel Expense: Car Allowance $ 591.26 Travel and Convention 284.32 875.58 Supplies 551.53 Publicity 414.12 -------- Total Administrative $ 13,808.86 $ 13,900.00 $ 91.31i General Activities: Saturday Basketball $ 600.00 Junior and Midget Baseball 494.83 Total General 'ctivities $ 1,094.83 $ 940.00 $ 154.83 Playgrounds: Supervision 5,840.98 Tools and Supplies 786.29 Craft Sup-lies 817.91 Athletic Supplies 180.68 Total Playgrounds 7,825.86 $ 7,500.00 Beach: Sup3rvision: Parking Lots $ 937.00 p, Guards 5,924.39 STRAND ROE Lights 115.79 Telephone 164.12 Supplies and Tools 964.41 Total Beach $ 8,105.71 $ 7,800.00 $ 305.71 Basketball: Supervision $ 973.00 State Tourney Fee 25.00 Supplies and Trophies 183.65 Total Basketball $ 1,181.65 $ 1,200.00 $ 18.35 -52- SCHEDULE 3 Page 7 City of Hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBURSEMENTS For the Year Ended December 31, 1958 Appro- Over Description Expenditures priations Under RECREATION: (Continued) Softball: Supervision $ 810.00 $ Utilities 272.75 Supplies and Trophies 275.09 Dues 59.00 Total Softball $ 1,416.84 $ 1,600.00 $ 183.16 Skating Rinks: Supervision $ 1,654.21 Fuel 133.00 Maintenance 508.39 Supplies 65.35 Total Skating Rinks $ 2,360.95 $ 2,000.00 $ Total Recreation $ 35,794.70 $ 34,940.00 $ 854.70 PUBLIC PARKS: Salaries and wages $ 3,420.76 $ 2, 760.00 $ 660.76 Equipment Maintenance 1,222.72 1,870.00 647.28 Shady Oak: Diving Board and Deck Stand 359.26 550.00 190.74 Softball Field 10.28 300.00 289.72 Skating Rinks Labor and Maintenance 3,436.24 2,600.00 636.24 Dow Park 41.15 125.00 83.85 Cottageville: Baseball Backstop 143.85 50.00 93.85 Parkridge: Grading and Seeding 808.08 650.00 158.08 Peaceful Valley 14.40 300.00 285.60 Interlachen Park: Baseball and Basketball Backstops 235.54 195.00 40.54 Shady Oak Beach Note: Note Principal 3,000.00 3,000.00 Interest 210.00 300.00 90.00 Total Public Parks $ 12,902.28 $ 12,700.00 $ 202.28 HENNEPIN COUNTY PARKS $ 1,367.10 S 1,400.00 $ 32.90 mo CONTINGENCIES: STRAND General: & ROE Suburban Gas Survey $ 537.00 Refund on Purchase 54.5o Special Professional Service 525.00 $ 1,116.50 $ 2,000.00 $ 883.50 City Reassessment: Appraisal Service $1,100.00 Salaries 5,247.79 6,347.79 5,500.00 847.79 Total Contingencies $ 7,464.29 $ 7,500.00 35.71 SPECIAL ASSESSMENTS: City Owned Property 8 272.92 $ 1,000.00 727.08 -53— ' • o(IULE 3 Page 8 City of hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBURSEMENTS For the Year Ended December 21112511 t‘ppro- Over .iescriotion flxpenditures oriatinne gaft CAPITAL IMPROVEMENTS: Land Construction Equipment: Traffic Signals: Monk and Exelsior Ayes. 1,145.00. $ Washington and Excelsior Wes. 9,078.23. 5th Avenue and hwy. No. 7 3,750.00f Taxes on Street Car light of 'Pay 178.20,\ 1958 Chev. Police Cars (2) $4,602.20 Less: Trade of 1956 Chev. Cars (2) 20.87.34 241111 Total Land, Const., and Equipment 16,566.29 $ 15,000.00 $ 1,566.29 Fire Department: Rescue Truck $ 684.99 Rescue Truck Fixtures and Equipment 557.84 Rescue Truck Mobile Radio 468.20 Rescue Truck Stretcher 59.50 Portable Light Plant Appliance Truck 61.00 hose Racks 30.00 hose 1,337.00 Battery Charger 97.4o Radio - Truck #2 275.50 Portable Two-Way Radio 404.20 Air Packs, Tanks, Masks, Cannisters, and Shields 551.50 Total Fire Department 4,927.13 $ 5,000.00 $ 72.87 Street Department: Hough Payloader S. H. 815,466.00 Traded: 1952 Payloader 71950.00 $ 7,516.004, Electro Magic Steam Cleaner 356.00 Traded: Culvert Cleaner 20.00 336.00 Lorain Moto Loader 818,500.00 = Traded: Int'l TD14 VSkid Loader 8,210.00 10,290.00 Maintenance Garage Improvements 862.55 heavy Equipment Shed 565.98. Total Street Department 19,570.53 $ 15,000.00 $ 4,570.53 RRA0NED Recreation Department: Picnic Tables - Dow Park $ 464.20 Pedestal Fountains (3) 325.66 Gang Mowers (1 pr.) 207.00 Reel Mower 146.75 Masonite Folding Tables (8) 185.92 Parks: Interlachen Park - Grading 415.50 Interlachen Park - Skating Rink Lights 113.30 -54- SCHEDULE 3 Page 9 City of Hopkins Hopkins, Minnesota GENERAL FUND - STATEMENT OF DISBITASEMENTS For the Year Ended December 31212L Appro- Over Descriptior rxpenditures oriations ROME CAPITAL IMPROVEMENTS: (Continued) Recreation Department: (Continued) Parks: (Continued) Shady Oak Beach-House Remodeling $ 2,715.00 Shady Oak Beach-Grounds 603.62 Homedale 282.24 Parkridge 120.63 Peaceful Valley 40.78 Garage 138.03 Total Recreation Department $ 5,758.63 $ 5,t000.00 Total Capital Improvements $ 46,822. 8 $ 40,000.00 1_S2_1 Total General Revenues $517,344.28 553,340.00 05,995.72 'ATER UTILITY: Administrative: Salaries 8,101.52 $ 3,000.00 $ 101.52 Vacation eay 1,051.30 850.00 201.30 holiday Pay 914.57 850.00 64.57 Sick Leave 385.24 300.00 85.24 Retirement Contribution 1,468.o4 10500.00 31.96 Auditing 700.00 700.00 Truck Expense: Repairs $ 109.90 Gas and Oil 586.53 Radio Service 72.60 Other 8.68 777.71 800.00 22.29 Office Expense: Postage $ 283.00 Supplies 388.65 671.65 600.00 71.65 Insurance 1,309.40 1,150.00 159,40 Building Maintenance Labor 62.81 62.81 General Fund Charges 6,963.28 6.90.28 Total Administrative $ 22,405.52 , 14,750.00 $ 7,655.52 Pumps and Wells: Lights and Power $ 10,650.98 5,000.00 $ 5,650.98 1,0 Beat and Telephone 2,438.71 1,000.00 1,I38.71 STRAND General Maintenance: & ROE Salaries 5,595.14 Public Works Building 410.11 Repairs and Parts 1,515.58 7,520.33 6,500.00 1,020.83 Pump House Maintenance: Salaries $ 280.67 Supplies and Parts 98.70 379.37 1,000.00 620.63 Chemicals 937.73 1,500.00 562.27 Total Pumps and ',ells 21,927.62 $ 15,000.00 $ 6,927.62 -55- SCHEDULE ,3 Page 10 City of Hopkins Hopkins, Minnesota GENE:AL FUND - STATEMENT OF DISBURSEMENTS For the Year Ended December 31, 198 Appro- Ovir pescription Expenditures priations WATER UTILITY: (Continued) Distribution: General Maintenance: Salaries $3,883.13 Supplies and Parts 152.11 $ 4,035.24 $ 3,500.00 $ 535.24 hydrants: Salaries 761.50 1,600.00 838.50 Meters: Salaries $1,135.48 Units (75) 1,946.25 Repairs and Parts 72.97 $3,154.70 Less: Units Sold (4) 224.47 2,930.23 3,000.00 69.77 Meter Reading - Salaries 2,024.38 3,500.00 1,475.62 Inspection - Salaries 155.87 200.00 44.13 Nquipment Repair: Salaries 503.40 Supplies 17.05 520.45 2,200.00 _..1,62245 Total Distribution $ 10,427.67 $ 14,000.00 $ 3,572.33 Debt Service: Principal-Vetter Rev. Bond 6- 1-514 $ 10,000.00 $ 10,000.00 $ Interest-Yater Rev. Bond 6-1-54 5,228.00 5,250.00 22.00 rater Rev. Bond 6-1-57 10,920.00 15,000.00 4,080.00 Service Charges 52.8Z Total Debt Service $ 26,200.87 $ 30,250.00 $ 4.049.13 Total Yater Utility $ 80,961.68 $ 74,000.00 $ 6,961.68 SEVER UTILITY: Administrative: Salaries $ 6,745.02 $ 6,500.00 $ 245.02 Retirement Contribution 892.0h 1,000.00 107.96 Vacation Pay 413.91 850.00 436.09 Holiday Pay 421.53 850.00 428.47 Sick Leave 203.67 300.00 96.33 Auditing 700.00 700.00 Truck Expense: l/r Gas and Oil $ 637.78 STRAND Radio Service 72.60 & ROE oalaries 334.99 Parts and Supplies 331.19 1,376.56 500.00 876.56 Office Expense: Salaries $ 21.40 Postage 283.00 Supplies 110.84 415.24 300.00 115.24 Insurance 502.64 400.00 102.64 Building Maintenance Labor 62.80 62.80 General Fund Charges 6,525.37 652Z1Z Total Sewer Mility-Administrative $ 18,258.78 $ 11,400.00 $ 6, ; .78 22L2161.1 Page 11 City of hopkins Hopkins, Minnesota GENERA, FUND - STATEMENT OF DISBURSEMHNTS For the Year Ended December 1 10 Appro- Over Description Expenditures Priations Padre, SEW] UTILITY: (Continued) Lift Stations: Gas, Light, and Power $ 5,157.69 $ 5,000.00 $ 157.69 General Maintenance: Salaries $6,627.90 Electric Motor 473.00 Public Itsrks Building 410.11 Supplies and Parts 22112 8,449.51 8,000.00 L4''.51 Pump vlepair: Salaries $ 369.80 Supplies and Parts 36.45 /1(26.21 1,000.00 593.7.5 Total Lift Stations 14,013.45 $ 14,000.00 $ Mains and Disposal: General Maintenance: Salaries $1,890.40 Supplies 640.89 2,531.29 1,200.00 1,331.29 Inviection 137.81 1,200.00 1,062.19 Cleaning Mains: Salaries $ 323.53 Supplies 452.66 776.19 600.00 176.19 Sewer Disposal Charges 15,821.67 1§1220.2„.. 2 178.33 Total Mains and Disposal $ 19,266.96 $ 19,000.00 $ Debt Service: Principal: Bonds of 12-1-45 12,000.00 Bonds of 12-1-49 4,000.00 16,000.00 16,000.00 Interest: Bonds of 12-1-115 2,317.50 Bonds of 12-1-49 220.00 2,537.50 2,600.00 62.50 Service Charges 32.00 32.00 Total Debt Service $ 18x69.50 $ 18,600.00 $ v.50 Total Sewer Utility $ 70,108.69 $ 63,000.00 $ 7,108.69 FIREMEN'S .ELIEF FUND $ 4,742.56 1 7000.o0 $ 2.257.111 P° STRAND Grand Totals - Disbursements =14 12,21 6_274.10.4.0 .$.44ffizi22 ROE -57— 5:cHEDULE 4 City of Hopkins Hopkins, Annesota BEAON CONCESSION RESERVE - STATEKENT OF REVENUES For the Tear Ended iJecember 31. 1958 pescrip:tion Amount Concession Sales $4,433.09 Refund on Merchandise 36.5.5 Total Revenues k#4,42,_44 BEAcil CONCESSION RESERVE - CTATEMENT OF 4SBURSEMENTF For the Year Fnded December 31. 1958 Description Amount Falaries $1,470.33 Merchandise and Supplies 2,431.34 Laundry 54.12 Electricity 103.85 Gas 21.55 Equipment: Kelvinator 6 Hole Cabinet (1) 38.00 Total Disbursements 441119:19 frir STRAND S ROE -58- 14.1fe City of Hopkins Hopkins, Minnesota PARKING 'R FTATEI' :NT OP t, EF For the YearEnded - cener -11 '8 Actual Description Revenue Keter Collections $ 9,065.92 Fines 794.45 Payment in Lieu of vfeter Collections 225.00 Total Revenues $104_05_47 PAREING METER RESERVE — FTATEMFAT OF DISBURSEMUTS For the Year Ended December 31. 1958 amription Expenditures Labor $3,819.01 Meter Parts 229.03 Supplies 108.89 Ieter tand Supplies 32.40 - Bank Services 84.08 Courtesy 2ayment Boxes (10) 183.59 Payment to Fund 5.o0o,0o fotal Disbursements STRAND & ROE -59- ',OHEI)ULF 5 City of Hopkins Hopkins, Minnesota PROPERTY RENTAL RESERVE - STATEMENT OF gmpss For the Y ar ed ember 1 1 8 Actual isescription Revenue shady Oak Properties: House (P. Murphy/R. angler) $ 587.50 Cement Block House (1,:. Klouda) 180.00 Basement House (L. Berg/G. Malkovage/J. Ieath) 540.00 City Properties: 9 - 10th Avenue No. 100.00 Total Revenues 0407,50 Pz, P ' RE i 4i7v - ST T ENT 47 ' FB 4"‘ 5 ?or the Year Ended December 31. 1958 Expenoi- Jescriptton tures Basement House: Payroll $ 32.12 Oil Burner Service 37.78 Supplies 16.141 86.31 House: Payroll $ 33.89 Floor Covering 141.72 Shades 15.40 P' Oil Burner Service 17.50 STRAND & ROE Storage Tank 37.50 Supplies 42.0? 288.10 Transfer to General Fund 00,00 Total Disburselents ,p874.41 -60- SCHEDULE 7 City of Hopkins Hopkins, Minnesota RECREATION — SELF—SUSTAINING ACTIVITIES For the Year Ended December 31. 1958 SftlX1ING FOOL: Receipts ?3,504.25 Disbursements: Instruction $2,938.36 Trophies and Supplies 61.43 2.99?.79 BEACH TRANSFORTATIQN: Receipts $1,494.77 Disbursements: Bus Rental i.0 .00 143.23 ACTIVITY CLASSES: Receipts: Bridge Instruction $ 176.00 Spanish Instruction 90.00 Skating Instruction 202.00 Dance Instruction 623.00 Golf Instruction 284.00 Crafts Instruction 319.25 Squats* Dance 142.35 $1,836.60 Disbursements: Bridge Instruction $ 125.00 Spanish Instruction 100.00 Skating Instruction 180.00 Dance Instruction 495.00 Golf Instruction 294.00 Crafts Instruction 266.75 Square Dance Calling 142.00 Janitor Service 60.00 STRAND Supplies 5.11 1.667. 86 10.74 & ROE Receipts Over Disbursements to General Revenues 629,97 -61- FCHE,'Du-4, 8 City of Hopkins Hopkins, Minnesota PERMANENT IMPROVEMENT REVOJVING FUND RESERVE sTATzmix OF REVENUES F th rear Ended )ecember 31. 198 Actual pescription Revenue Tax Settlements $109,335,60 • Collections by City Total Revenues WaJOPA33 STRAND & ROE -62- ronouLh 9 City of Hopkins Hopkins, 4innesota SPECIAL AFSEESKENT FUND - MIMIC 0? REVENUES g_xAXgg122,-'otl • Enaeoceraber 31. 1958 Actual Estimateo Oviir Description Revenue Revenue UMW — Tax Settlements .., 99,9014.16 ,p115,000.00 $15,095.84 Collections by City 3.268.67 10,000.00 §.731.31 rota! Revenues ii1O3,172,0 a5.022122 0-,027-41 SPIAL ASSESSMENT FU!4 - STATEMENT OF_PISBURSEMENIT For the Year jnded December 31, 19$8 Expendi- Appro- C7ar Description tures oriations Under water and Sewer (1947) Principal $ 14,000.00 $ 14,000.00 $ - Interest, 140.00 140.00 - sewer (1947) Principal 9,000.00 9,000.00 . Interest 81.00 81.00 - :ater (1947) Principal 2,000.00 2,000.00 - Interest 378.00 378.00 - Imorovelents (1952) Principal 11,000.00 11,000.00 - Interest 1,210.00 1,210.00 - Improvelents (1953) Principal 25,000.00 25,000.00 - Interest 40212.00 4,212.00 - Improveraents (19514) Principal 30,000.00 30,000.00 - Interest 4,420.00 4,420.00 . Due to Sewer Utility 1,250.00 - 1,250.00 mo Bank Charges 130.35 - 130.35 STRAND County Auditor Charges 328tg - 3284.5 & ROE Total Disbursements A03/149.50 $191.11441.D0 L.14794g -63— F, HpULE 10 City of Hopkins Hopkins, Minnesota WND RETIRE1ENT FUi - 4TATEMNT OF REVENUES 'r the Year En, d 1: ember 1 18 Actual Estimated Over Description Revenue Tax Settlements $ 960814.50 $ 96,641.00 ,173.50 P.I.R. Bond Issue 9-1-58 Premium 105.00 - 105.00 Total Revenues i2§122_2f52 $ 96,641200 *2:01J2 - q 4 I +T 1 D SHUR, INT!' For th Year Ended e cithe 1 1' 8 TApenoi- Appro- Over Description tures priations Under water (19)45) Principal $ 2,500.00 $ 2,500.00 4, - Interest 255.00 255.00 Storm Sewer (19)49) Principal 8,000.00 8,000.00 - Interest 456.o0 456.00 _ Storm Sewer (1953) Principal 20,000.00 20,000.00 - Interest 3,640.00 3,640.00 - Tire Equipment (1952) Principal 1,000.00 1,000.00 - Interest 409.50 410.00 .50 Permanent Improvement (19)48) Principal 10,000.00 10,000.00 Interest 230.00 230.00 - Permanent Improvement (19)49) Principal 5,000.00 5,000.00 - Interest 262.50 263.00 .50 Permanent Improvement (1950) Principal 15,000.00 15,000.00 Interest 675.00 675.00 - Permanent Improvement (1952) Principal 10,000.00 10,000.00 - Interest 1,100.00 1,100.00 - Pernanent Improvement (195)4) Principal 5,000.00 5,000.00 . Interest 330.00 3.30.00 - Permanent Improvement (1955) Principal 10,000.00 10,000.00 - Interest 5,700.00 5,700.00 . Permanent Improvenent (1957) Principal - 1,0 Interest 10,720.00 10,720.00 - STRAND Bank c'ervice Charges 207.29 04.29 & ROE rota]. Disbursements 0.1),Lt85.49 AlP4272-og 011122 -64- 'OHEi)ULE la City of Hopkins Hopkins, Minnesota airu UTILITY AccilyAk STATEMENT OF INCOIT ANL EXPENSES For the Year Ended Jecenber 310 1958 OPERATING INCOMZ: 4ater Sales $104,358.65 Less: Allocation to Sewer Utility 15.653.80 $88,704.85 Meter Fales 224.47 Other Receipts 722.75 $89,652.07 OPERA NO •E Salaries $ 33,286.33 Utilities: Electricity. 10,650.98 Fuel, Heat, and Telephone 2,438.71 Truck '4aintenance 777.71 Equipment Maintenance 242.13 Office Supplies 671.65 Insurance 1,309.40 Audit 700.00 Sundry 52.87 Water Treatment: Beginning Inventory 4) 958.62 Purch sea 937.73 $1,896.35 Less: Ending Inventory 157 1,738.90 Meters: Beginning Inventory $1,998.72 Purchases 1.'46.25 0,9414.97 Less: Ending Inventory 1.172.75 2,772.22 4ains and Hydrants: Beginning Inventory $5,100.04 Purchases 1.614.28 .?6,714.32 Less: Ending Inventory 5.613. 8 10.00.74 Denreciation 24.674.01 Total Operating Expenses 78.415.o5 Net Operatin.,: Incoie for the Year ,11,43o.42 10° OTHER INCO1:a: STRAND & ROE itfdrant Rental Service 16.000,00 27,236.42 INALAIRUMEE: Bond Interest 13,727.15 ciet Incone for the Year ,P1J,50-27 -65- SCHEDULE 2a City of Hopkins Hopkins, Minnesota QUER guarY AGGRUA1 STATEMENT OF,INCOAFLAN APENFEE For the -ar E dad r.Cens-r -1 1* 8 WINCING VICOMI Sewerage Disposal Charges $73,594.32 Allocation from , ater Utility 15,653.80 Connection Charges 2.750.00 $91,998.12 OPERATI,NO EXPENSES: Salaries $24,969.17 Utilities 5,157.69 Truck Operation and Maintenance 1,041.57 Sewage Disposal Charges: TreatTent 13,332.17 Maintenance 2,489.50 Insurance 502.64 Audit 700.00 Office Expense and Postage 393.84 Sundry 32.00 laintenance: Inventory - Beginning $3,079.64 Purchases 2.069.50 0,149.14 Less: Inventory - Ending 2,79.78 2,359.36 Depreciation 26.435.90 Total Operating Expenses 77.413.84 get Operating Income $14,584.23 0 LR Interest 724.00 $15,308.28 po OTHER DEDUCTIONS: STRAND & ROE Interest on Bonds 3.729.52 Net Income for the Year 41108.76 Iril tisd 2,4 t'll 8 ”1 8j ] cs.7 g .. 4.4 8 i 1 • 8 8 ' .; I 4.4 ( 8 • 3 il .0 8 .14 & Ss IS I-2 r.,7 "V* ri• ct ,...., . 3 ,1 .., • LA a.8 il i • • 8 . 1 ,E1 s Zi''' 1 co 1.- 111 .0 t•-• s0 Mi ".., ,•• a 3 8 8] ' ' ' 04 Qkl 0; Ivi t, CV CV -6-1 U 8 ' 8 88 8 t c) • 1 • ,‘, ^ r•I 4",1 ,.% I-I I-1 .0. Oi I ••: 0 0"" ' 01.... in 0 4 4,1 cf 88 00 '0 0. 0 ,918888 ' 'A .4 2 00 I Le‘ -4'''' gi • • • • • , ol 0.I IA 0 0% 2, + v.. 0 Wei! ON f $F.:tR 4 s., •-i u;......4 2., • i §• 4 H @ 1 .0 O. 0 .0 0 • 0 4.) /1 ii E ta 2 ;41 8 1 4.; 0.e., at ,, r. E 1 8 X p:t to • 63 43'4 1 2 b V v 13 4 ,.4 1 0 ri 8 ch 0 0 c0 0 4'4 0 h Li E. S Q r 4 04 • tl 2 t t M 4....... ...... i st 4, I I 8S , /888888111 88588888x2188 881 06 t�p1 OSLO Ugh' 8Q 1 1 1 1 ov 0 Cts( i H N M 444 A O:O+a 4 0 u�, 44 g i 88 88888888 8 888888 88 8 18888 8' 1 I sa•N �N� �� 2 Po, §ggg § CO M1rQi up7Nti,N�� ./ 'you a rl.i N R.i 1 tai\F M ri ri �O m: UN UV S• g�• d 61 2 a� a 4o .N � � A 4. z° o o. y C vp y!p� m N ] �1 g S �D '7 S cl iag0 m1 4 N �Na ro.GP�Cla W Al N �yy pp Cp �{ �1 p 'CTM rti1 m g"'�=N]N N 1N 1 m ,g r1 s na`�+ 'pax liV • 00 !IAP, 1 MIA0N �� .z. 1 `i 1 r70�.Nr G�itt� N ■ 9 �"�rRR4 . 1" 4e. 4■+.'� � x.01 g� �+ c 13Ama 4 •.ri 8.0 10t "" M . 4$9-9831 c� No'1 1 74.141". 7-4 " 1.14 h 4. 131111 o IAggf4 11111 Oti 441240, +pp� g k :,, g 1 uguHa m f10 o 1 ywyW.i F7WMGA[A a 1 F �y i7 • p 4 O C3 1 i e1 10 CO 0) aG CO — G��'1,.1' *gyp; r'g.w. o N I0 4 w i.9 A 4 A mm gyp.'.C o a O Y1U I vae lM 1 s 88858 Lnlrin .; 18 8 8 8 88888 �o" tQ HN to N r44444 LiL0 W a M i+ ►+ M W N4N44 ti , 1n , .1 to .i ri r1,. . m 3y{ 13 a N N • 1 A'� N l!c3 A N AM41 AA t• n Lp1 a c4 f. ~ [up1 V p p p p 48 is . &q A 44 ti G�U U U N 607 WI WM lh�hh 2 $ � ,�� 0 V. V. IA A i (.1 A g 8 4 8 2. ti V ...) bt - iE s. 1 IS §iE4, o .... ouo.so , AA it. t if. .4111,01-. .. . .i..4 • ...I 0..4. ..... . 114-'44 / 1 . 2 4.q 04 xw .. . gug "1 0 812.t 0 co 4 . A 0 a .0 r.4 11811 s ot0 4 o a tV a al o g .4 4o ...o .4 1 i 1 IR 8 V 4 EV 44. CI° ,I 411 <4 u‘ 4 ri • e C• Fil I & 11 3 A ..., 4, 5 V h 8.5 A a 8 "t IA 4 41 A A o • 4 $ .). -* I I0 8 P k c 15 81. b t 13) a gri ,,,) 9 f`'; ss, )0 o 0 A.s.s.. -69- SChEDULE 5a City of hopkins hopkins, Minnesota ASSESSED VALUATION: TAX LEVY AND RATES 121 1251 1.216 222 ASSESSED VALUATION: Real Estate $6,534,523.00 $6,727,682.00 $ 7,181,871.00 $ 7,416,491.00 Personal Property 3,066,736.00 3,032,422.00 3,1147,277.00 3,159,461.00 Total Assessed Valuation 22,S)Q2252,QQ 4t2,c76241E14,00 W4324110,0 =.4..57,425242 MILL RATE: Extended In 1954 1955 1956 1957 Collectible In 1955 1956 1957 1958 TAX LEVY: General Fund $ 256,282.00 $ 307,646.00 $ 321,293.00 $ 426,105.11 Recreation Fund 19,813.00 Poor Fund 6,300.00 Library Fund 13,350.00 Firemen's Relief 1,000.00 Bonds and Interest 87,108.00 91,419.00 111,880.00 96,664.20 Totals S10A55300 1_322465.Q9 1522.3§2.33, TAX LEVY SPREAD: General Fund $ 256,353.62 $ 307,4143.28 4 321,236.50 $ 426,105.11 Recreation Fund 19,682.58 Poor Fund Library Fund 6,240.82 13,441.76 Firemen's Relief 960.13 Bonds and Interest 8 .0371.46 91.744.22. ILIL$5I .422 96,664.20 Totals .3.81105P47 322 26 02,79)0.39 227J11*°1 STRAND & ROE