FY 1966 Audit ReportA U D I T R E P O R T
OCTOBER 31, 1966
CITY OF EDGEWATER, FLORIDA
MAYOR Earl L. Tingle
COUNCILMEN: Jacob Lodico
William H. Cairnie
Paul F. Walls
Philip H. Bebbington
CITY CLERK Elsie L. Ward
ATTORNEY Charles A. Hall
ENGINEERS Briley -Wild & Associates
AUDITORS Genter and Batten
I N D E X
OCTOBER 31, 1966
CITY OF EDGEWATER. FLORIDA
GENERAL FUND STATEMENTS
EXHIBIT
" B "
Balance Sheet
PAGE
SCHEDULE
"B -1"
DESCRIPTION
NUMBER
SCHEDULE
"B -2"
Certificate
I
SCHEDULE
"B -3"
Comments
2-9
EXHIBIT
" A
Consolidated Balance Sheet
10
SCHEDULE
"A -1"
Schedule of Investments
11
SCHEDULE
"A -2"
Reconciliation of Fixed Assets Acquired
12 -13
SCHEDULE
"A -3"
Schedule of Refunding and Improvement
Revenue Bonds
14
GENERAL FUND STATEMENTS
EXHIBIT
" B "
Balance Sheet
15
SCHEDULE
"B -1"
Tax Sale Certificates
16
SCHEDULE
"B -2"
Fixed Assets
17
SCHEDULE
"B -3"
Analysis of Surplus
18
EXHIBIT
" C "
Cash Receipts and Disbursements
19 -20
EXHIBIT
" D "
Estimated Revenue
21
EXHIBIT
" E "
Budget Appropriations
22-24
WATER AND SEWER SYSTEM FUNDS S
EXHIBIT
" F "
Consolidated Balance Sheet
All Waterworks and Sewer System Funds
25
WATERWORKS AND SEWER SYSTEM REVENUE FUND
EXHIBIT
" G "
Balance Sheet
26
SCHEDULE
"G -1"
Analysis of Surplus
27
EXHIBIT
" H "
Cash Receipts and Disbursements
28
EXHIBIT
" I "
Estimated Revenue and Budget Appropriations
29
I N D E X
OCTOBER 31, 1966
CITY OF EDGEWATER. FLORIDA
PAGE
DESCRIPTION NUMBER
SUPPLEMENTARY STATEMENTS
EXHIBIT " X " Insurance Coverage 47 -48
EXHIBIT " Y " Cash Receipts and Disbursements
Community Center Fund 49
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
EXHIBIT
" J " Balance Sheet
30
EXHIBIT
" K " Cash Receipts and Disbursements
31 -32
EXHIBIT
" L " Estimated Revenue and Budget Appropriations
33 -34
WATERWORKS AND SEWER SYSTEM BOND AND INTEREST SINKING FUND
EXHIBIT
" M " Balance Sheet
35
EXHIBIT
" N " Cash Receipts and Disbursements
36
EXHIBIT
" 0 " Estimated Revenue and Budget Appropriations
37
WATERWORKS AND SEWER SYSTEM DEBT SERVICE RESERVE
EXHIBIT
" P " Balance Sheet
38
EXHIBIT
" Q " Cash Receipts and Disbursements
39
EXHIBIT
" R " Estimated Revenue and Budget Appropriations
40
WATERWORKS AND SEWER SYSTEM RENEWAL AND REPLACEMENT FUND
EXHIBIT
" S " Balance Sheet
41
EXHIBIT
" T " Cash Receipts and Disbursements
42
EXHIBIT
" U " Estimated Revenue and Budget Appropriations
43
CONSTRUCTION FUND
EXHIBIT
" V " Cash Receipts and Disbursements
44
WATERWORKS AND SEWER SYSTEM FUNDS
EXHIBIT
" W " Income and Expense Statement
45-46
SUPPLEMENTARY STATEMENTS
EXHIBIT " X " Insurance Coverage 47 -48
EXHIBIT " Y " Cash Receipts and Disbursements
Community Center Fund 49
GENTER AND BATTEN
CERTIFIED PUBLIC ACCOUNTANTS
118V2 VOL-USIA AVENUE
DAYTONA BEACH, FLA.
32014
FRANK M. GENTER, C. P. A.
ALFRED E. BATTEN, C. P. A.
TELEPHONE 252-6101
November 23, 1966
MFMBERS
AMERICAN INSTITUTE
AND FLORIDA INSTITUTE OF
CERTIFIED PUBLIC ACCOUNTANTS
AMERICAN ACCOUNTING ASSOCIATION
To The
Honorable Mayor and City Council
City of Edgewater, Florida
Gentlemen:
We have examined the balance sheet of the City of
Edgewater, Florida, as of October 31, 1966, and the related state-
ments of income and surplus for the year then ended. Our examination
was made in accordance with generally accepted auditing standards and
accordingly included such tests of the accounting records and such
other supporting evidence as deemed appropriate in the circumstances.
In our opinion, the accompanying balance sheet and re-
lated statements of income and surplus present fairly the financial
position of the City of Edgewater, Florida, at October 31, 1966, and
the results of its operations for the year then ended, in accordance
with generally accepted accounting principles applied on a basis con-
sistent with that of the preceding year.
Respectfully submitted,
GENTER AND BATTEN
LR;kh B
C. P. A.
2
C O M M E N T S
Our comments on the items in the Consolidated Balance Sheet,
Exhibit " A ", follow in the order of their appearance therein:
A S S E T S
CASH ON HAND AND IN BANKS - $80.718.34
Cash on hand was verified by actual count. The bank accounts were
verified by reconciling the balances shown on the books with those shown on the
bank statements and by direct correspondence with the depositories.
Collateral, placed in escrow to guarantee accounts of the City
in excess of $15,000.00, is as follows:
First National Bank of New Smyrna
Bank of New Smyrna
TOTALS
Bank
Collateral Balances
$ 80,000.00 $ 46,512.11
200,000.00 33,453.83
$ 280,000.00 $ 79,965.94
RECEIVABLES - $7,445.73
The outstanding tax sale certificates total $791.13. These are
for taxes prior to 1951, at which time the County assumed all tax assessments
and collections. Lot cleaning liens in the amount of $105.05 from prior years
are still outstanding on the books. There was no change in these accounts during
the year.
The paving accounts receivable, in the amount of $1,810.31, are
amounts due from property owners as their share of the street paving costs
assessed by the City.
The Water and Sewer Consumers' Accounts Receivable, in the amount
of $4,739.24, were checked in detail and found to be in balance with the general
ledger control.
INVESTMENTS - $204-431,28
The investments of the various funds are as follows:
General Fund $ 48,800.00
Bond and Interest Sinking Fund 10,759.08
Debt Service Reserve 94,967.00
Renewal and Replacement Fund 49,905.20
TOTAL $ 204,431.28
The investments are in U. S. Treasury Bills and are itemized in
detail on Schedule "A -1 ".
CONSTRUCTION IN PROGRESS - LIBRARY BUILDING - $1.295.80
This is the amount which has been expended to date on the new
library building. When the library building is completed, the asset will be
set up on the books and this account will be closed.
FIXED - $2,319,053.26
The fixed assets represent the capital assets of the City. A
reconciliation of the account is shown on Schedule "A -2 ".
INVENTORY OF MATERIAL - $3,730.81
This inventory represents material and supplies on hand at the
end of the fiscal year. The inventory was taken by the City employees and
accepted by us without detailed verification.
4
GASOLINE INVENTORY - $250.76
This is the value of the gasoline in the City's tanks as of date
of audit according to the inventory record. Actual physical inventory was not
taken by the City employees. We recommend that a physical inventory be taken
so that we can reconcile the account.
14ETER DEPOSITS - $20.00
This deposit was made by the General Fund to the Water Fund to
guarantee payment of the water account.
L I A B I L I T I E S AND S U R P L U S
ACCOUNTS PAYABLE - RECORDED - $34.39
The amount of $33.40 was advanced to the City for the purchase
of a culvert and 99G was advanced to the City for a telephone call. These two
items were paid by the City subsequent to date of audit.
ACCOUNTS PAYABLE - UNRECORDED---$2,861.14
As the City operates on a cash basis, the accounts are not set
up on the books until approved by the City Council at open meeting and paid.
They are, however, set up on the balance sheet so that the fair financial posi-
tion of the City will be reflected by this audit.
ESCROW FUNDS - $1,907.75
FULLER AND TIZZARD ESCROW ACCOUNT - $717.75
This amount represents the balance of a $2,800.00 escrow deposited
to the City by Fuller and Tizzard for the paving of Parkwood Lane and Bradford
5
Road. This balance of $717.75 will be used to complete the paving of the above-
mentioned streets.
NAT BROWN ESCROW ACCOUNT - $690.00
This amount is the balance of a $1,000.00 escrow deposited with
the City in the General Fund by Mr. Nat Brown for building permits and inspec-
tions.
NAT BROWN ESCROW ACCOUNT - $500.00
This amount represents the balance of a $2,500.00 escrow deposited
with the City in the Waterworks and Sewer System Revenue Fund for connections,
meter deposits and inspections.
PAYROLL TAXES PAYABLE - $969.14
The above item represents income and social security taxes with-
held from employees' wages and is due and payable in January, 1967.
SPECIAL LIBRARY ACCOUNT - $69.38
This account represents the surplus of income over expenditures
to date. During the year, the account was credited with $66.30 for book fines.
RESERVE FOR SPECIAL LIBRARY BUILDING FUND -$10.704.20
On May 16, 1966, Ordinance No. 485 was approved by the City
Council appropriating surplus in the amount of $12,000.00 for a Special Library
Building Fund. The amount expended to date is $1,295.80, which leaves a balance
of $10,704.20. We recommend that this money be deposited in a separate bank
account in accordance with the above ordinance and that it be specified as the
M
"Special Library Building Fund" and the expenditures of the new library building
be written from this account.
PLAYGROUND ACCOUNT - $36.11
This account remains the same as at the close of the previous
year as there has been no activity therein.
APPEARANCE BOND - $250.00
This represents cash posted by defendant in a criminal case.
When the case is disposed of by the Court, disposition will be made of the
bond.
RESERVE FOR PAVING COSTS - $4,793.91
On August 15, 1966, the City Council approved Resolution No. 142
setting up a "Special Paving Account" into which all payments for paving assess-
ments will be deposited and from which all expenditures relating to paving be
disbursed. To date of audit, the monies so collected were deposited into the
General Fund bank account and disbursements also made therefrom. It is recom-
mended that a bank account named "Special Paving Account" be opened and all funds
relating thereto be deposited therein.
REFUNDABLE LINE EXTENSION DEPOSITS - $8,137.16
These are deposits made by water consumers to cover the cost of
extending water mains. They are refundable in the amounts and for the time
specified as set forth in Ordinance No. 396 governing line extension agreements
within the City limits.
7
WATERWORKS AND SEWER SYSTEM REFUNDING AND IMPROVEMENT REVENUE BONDS -
SERIES A - $ 351.000.00
WATERWORKS AND SEWER SYSTEM REFUNDING AND IMPROVEMENT REVENUE BONDS -
SERIES B - $-1.323,000.00
On March 2, 1964, the City approved Ordinance No. 400 providing
for the construction of a new sanitary sewerage system and appurtenant facili-
ties in the City of Edgewater, Florida, to be combined with the existing water-
works system of said City and operated therewith as a single utility and
authorizing the issuance of $1,692,000.00 Waterworks and Sewer System Refunding
and Improvement Revenue Bonds, consisting of $369,000.00 Series "A" bonds to
refund outstanding Water Revenue Certificates of the City, dated February 1,
1958, and $1,323,000.00 Series "B" to finance a part of the cost of the project.
Bonds of Series "A" shall bear interest at a rate or rates of
not exceeding four and three - fourths per centum (4 3/4 %) per annum, and bonds of
Series "B" shall bear interest at a rate or rates of not exceeding four per
centum (4 %) per annum. Such interest shall be payable with respect to both
Series semiannually on February 1 and August 1 of each year in accordance with
Schedule "A -3 ".
During the current year the City retired bonds Series "A"
numbered 10 through 18.
METER DEPOSITS - $12.540.0
These deposits were made by water consumers to guarantee payment
of their accounts. When the accounts are closed and the bills paid, they are
refundable to the consumer.
r
SURPLUS - $900,642.50
The surplus represents the excess of the City's assets over the
City's liabilities as shown on the balance sheet.
G E N E R A L
Exhibit "D ", the Estimated Revenue Statement of the General Fund,
shows estimated collections of $312,150.00, actual collections of $337,789.75,
or an overcollected balance of $25,639.75. The Budget Appropriations Statement
of the General Fund, Exhibit "E ", shows actual expenditures of $302,354.20 against
the budgeted amount of $312,150.00, leaving an unexpended balance of $9,795.80.
Exhibit "W ", the Income and Expense Statement of the Water and
Sewer Funds, shows a net income from operations of $70,901.50. This does not
include income from Utility Taxes or expenditures for bond interest and principal
or capital improvements.
A comparison with the previous year's operations is as follows:
Water Department Income
Sewer Department Income
TOTAL INCOME
Water Department Expense
Sewer Department Expense
TOTAL EXPENSE
NET INCOME
1966
$ 54,946.01
51,242.70
$ 106,188.7
$ 19,451.62
15,835.59
$ 35,287.21
$ 70,901.50
1965
$ 52,782.42
26,184.00
$ 78,966.42
$ 19,347.83
6,590.02
$ 25,937.
$ 53,028.57
All accounts required by the bond ordinance are being properly
used and no default on the part of the City of any covenant of the bond ordin-
ance has been disclosed by reason of this audit.
9
We have also prepared a statement of cash receipts and disburse-
ments of the Community Center Fund which is not a part of the City records and
is shown in the report as Exhibit "Y ".
We wish to take this opportunity to thank the City Officials and
Employees for their cooperation during the preparation of this report.
C O N S O L I D A T E D BALANCE S H E E T
OCTOBER 31, 1966
CITY OF EDGEWATER, FLORIDA
A S S E T S
CASH ON HAND AND IN BANKS
Cash on Hand
First National Bank of New Smyrna
Bank of New Smyrna:
General Fund
Revenue Fund
Operation and Maintenance Fund
Renewal and Replacement Fund
Debt Service Reserve
Bond and Interest Sinking Fund
RECEIVABLES
General Fund:
Tax Sale Certificates -
Schedule "B -1"
Lot Cleaning Liens
Paving Accounts Receivable
Waterworks and Sewer System Fund:
Water Consumers' Accounts
Sewer Accounts
INVESTMENTS- SCHEDULE "A -1"
CONSTRUCTION IN PROGRESS - LIBRARY
BUILDING
FIXED
General Fund - Schedule "B -2"
Waterworks and Sewer System -
Exhibit "G"
INVENTORY OF MATERIAL
GASOLINE INVENTORY
METER DEPOSITS
$ 752.40
46,512.11
$ 1.44
11,337.53
447.47
2,908.74
5,033.00
13,725.65 33,453.83 $
$ 791.13
105.05
1.810.31 $ 2,706.49
$ 2,011.24
2,728.00 4,739.24
$ 346,427.32
80,718.34
7,445.73
204,431.28
1,295.80
1 2,319,053.26
3,730.81
250.76
20.00
TOTAL ASSETS $ 2,616,945.98
10
L I A B I L I T I E S AND S U R P L U S
ACCOUNTS PAYABLE - RECORDED $ 34.39
ACCOUNTS PAYABLE - UNRECORDED 2,861.14
ESCROW FUNDS
1,907.75
PAYROLL TAXES PAYABLE
969.14
SPECIAL LIBRARY ACCOUNT
69.38
RESERVE FOR SPECIAL LIBRARY BUILDING FUND
10,704.20
PLAYGROUND ACCOUNT
36.11
APPEARANCE BOND
250.00
RESERVE FOR PAVING COSTS
4,793.91
REFUNDABLE LINE EXTENSION DEPOSITS
8,137.16
WATERWORKS AND SEWER SYSTEM REFUNDING AND
IMPROVEMENT REVENUE BONDS - SERIES "A"
351,000.00
WATERWORKS AND SEWER SYSTEM REFUNDING AND
IMPROVEMENT REVENUE BONDS - SERIES "B"
1,323,000.00
METER DEPOSITS
12,540.30
SURPLUS 900,642.50
TOTAL LIABILITIES AND SURPLUS $ 2,616,945.98
EXHIBIT " A "
11
S C H E D U L E OF I N V E S T M E N T S
OCTOBER 31, 1966
CITY OF EDGEWATER. FLORIDA
BOND AND INTEREST
SINKING FUND
U. S. Treasury Bill
U. S. Treasury Bill
TOTALS SINKING FUND
DEBT SERVICE RESERVE
U. S. Treasury Bill
TOTALS RESERVE
ACCOUNT
RENEWAL AND
REPLACEMENT FUND
U. S. Treasury Bill
U. S. Treasury Bill
TOTALS RENEWAL AND
REPLACEMENT FUND
7196086 33041 1-19 -67 $ 1,000,00) $ 10,759.08
14666650 33041 1 -19 -67 10,000.00
$ 11,000.00 $ 10,759.
6930840 32645 7 -31-67 $ 100,000.00 $ 94,967.00
$ 100,000.00 $ 94,9
6928058 31950 12 -1 -66 $ 1,000.00) $ 49,905.20
572771 31950 12 -1 -66 50
TOTALS - INVESTMENTS
$ 51,0 00.00
$
49,9 0 5 .20
$ 212,000.00
SAFE-
204,431.28
KEEPING
BOND
RECEIPT
DATE
FACE
INVESTMENT
NUMBER
NUMBER
DUE
VALUE COST
GENERAL FUND
U.
S.
Treasury
Bill.
14458119
11151
12 -31 -66
$ 10,000.00) $
U.
S.
Treasury
Bill
14458120
11151
12 -31 -66
10,000.00)
U.
S.
Treasury
Bill
14458121
11151
12 -31-66
10,000.00) 48,800.00
U.
S.
Treasury
Bill
14458122
11151
12 -31 -66
10,000.00)
U.
S.
Treasury
Bill
14458123
11151
12 -31 -66
10,000.00
TOTALS GENERAL FUND
$ 50,000.00 $ 48,800.00
BOND AND INTEREST
SINKING FUND
U. S. Treasury Bill
U. S. Treasury Bill
TOTALS SINKING FUND
DEBT SERVICE RESERVE
U. S. Treasury Bill
TOTALS RESERVE
ACCOUNT
RENEWAL AND
REPLACEMENT FUND
U. S. Treasury Bill
U. S. Treasury Bill
TOTALS RENEWAL AND
REPLACEMENT FUND
7196086 33041 1-19 -67 $ 1,000,00) $ 10,759.08
14666650 33041 1 -19 -67 10,000.00
$ 11,000.00 $ 10,759.
6930840 32645 7 -31-67 $ 100,000.00 $ 94,967.00
$ 100,000.00 $ 94,9
6928058 31950 12 -1 -66 $ 1,000.00) $ 49,905.20
572771 31950 12 -1 -66 50
TOTALS - INVESTMENTS
$ 51,0 00.00
$
49,9 0 5 .20
$ 212,000.00
$
204,431.28
SCHEDULE " A -1 "
12
RECONCILIATION OF FIXED ASSETS ACQUIRED
NOVEMBER 1. 1965 to OCTOBER 31, 1966
CITY OF EDGEWATER FLORIDA
GENERAL FUND
Balance - November 1, 1965
Additions
Furniture and Fixtures:
IBM Typewriter
Cabinets
Flags
Real Estate:
Real Estate Purchased From
Kenneth May
Real Estate Donated to City
For Park
Street Paving
Police Department Equipment:
Ford Automobile
Warning Lights
Traffic Gloves
Cabinet
Fire Department Equipment:
Hose
Truck Cab and Chassis
Street Signs
Street Department Equipment:
(2) Ford Dump Trucks
Chain Saw
Sprayer
Library:
Books
Equipment
Community House Equipment
Municipal Park and Pier:
Mower
(3) Concrete Tables
Lighting Equipment
Roof Over Shuffleboard
Court Benches
Deduct
Sold Fogging Machine
Sold Typewriter
Police Car Traded
TOTAL FIXED - GENERAL FUND
$ 405.00
131.26
140.05
$ 500.00
1,000.00
$ 2,145.12
67.50
6.90
25.00
$ 55.00
2,866.94
$ 7,680.00
171.00
1,185.92
$ 723.37
216,50
$ 240.00
126.17
242.41
676.31
1,500,00
42,238.94
2,244.52
2,921.94
62.53
9,036.92
939.87
246.39
118.79 727.37
$ 350,027.37
$ 600.00
202.50
2,797.55
$ 289,432.58
3,600.05
$ 346,427.32
SCHEDULE " A -2 " - Page 1
13
RECONCILIATION OF FIXED ASSETS ACQUIRED
NOVEMBER 1, 1965 to OCTOBER 31, 1966
CITY OF EDGEWATER, FLORIDA
WATER AND SEWER FUNDS
Balance - November 1, 1965 $ 434,605.21
Additions:
Land
$ 12,000.00
Sewer System
1,367,273.47
Water Plant Improvements
20,473.86
Water Tank #2
50,331.33
Water Line Extensions
83,397.07
Lawn Mower
125.00
Bookkeeping Machine
5,090.00
Generator
2,080.00
TOTAL ADDITIONS 1,540,770.73
$ 1,975,375.94
Deduct
NCR Bookkeeping Machine 2,750.00
TOTAL FIXED -
WATER AND SEWER FUNDS
TOTAL FIXED - OCTOBER 31, 1966
$ 1,972,625.94
$ 2,319,053.26
SCHEDULE " A -2 "
14
SCHEDULE OF REFUNDING AND IMPROVEMENT REVENUE BONDS
OCTOBER 31, 1966
CITY OF EDGEWATER FLORIDA
YEAR AMOUNT YEAR AMOUNT
SERIES "A"
1967
$ 10,000.00
1978
$ 16,000.00
1968
10,000.00
1979
16,000.00
1969
10,000.00
1980
17,000.00
1970
11,000.00
1981
18,000.00
1971
11,000.00
1982
19,000.00
1972
12,000.00
1983
20,000.00
1973
12,000.00
1984
21,000.00
1974
13,000.00
1985
22,000.00
1975
14,000.00
1986
23,000.00
1976
14,000.00
1987
23,000.00
1977
15,000.00
1988
24,000.00
1980
TOTAL
1996
$ 351,000.00
SERIES "B"
1969
$ 15,000.00
1985
$ 32,000.00
1970
17,000.00
1986
33,000.00
1971
19,000.00
1987
36,000.00
1972
20,000.00
1988
37,000.00
1973
20,000.00
1989
60,000.00
1974
21,000.00
1990
62,000.00
1975
22,000.00
1991
65,000.00
1976
23,000.00
1992
67,000.00
1977
24,000.00
1993
70,000.00
1978
24,000.00
1994
73,000.00
1979
26,000.00
1995
76,000.00
1980
27,000.00
1996
79,000.00
1981
28,000.00
1997
82,000.00
1982
29,000.00
1998
86,000.00
1983
30,000.00
1999
89,000.00
1984
31,000.00
TOTAL
$ 1,323,000.00
SCHEDULE " A -3 "
15
B A L A N CE S H E E T
OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGEWATER FLORIDA
A S S E T S
CASH ON HAND AND IN BANKS
Cash on Hand
$
235.00
Bank of New Smyrna
1.44
First National Bank of New Smyrna
46,512.11
$ 46,748.55
RE CE I�VAB LE S
Tax Sale Certificates - Schedule "B -1"
$
791.13
Lot Cleaning Liens
105.05
Paving Accounts Receivable
1,810.31
Transfers - Water Fund
20.24
2,726.73
INVESTMENTS
U. S. Treasury Bills
48,800.00
INVENTORIES
Gasoline
$
250.76
Supplies
174.58
425.34
FIXED - SCHEDULE "B -2"
346,427.32
CONSTRUCTION IN PROGRESS - NEW LIBRARY BUILDING
1,295.80
METER DEPOSITS
20.00
TOTAL ASSETS
$ 446,443.74
L I A B I L I T I E S AND S U R P L U S
ACCOUNTS PAYABLE - RECORDED $ 34.39
ACCOUNTS PAYABLE - UNRECORDED 1,995.40
ESCROW FUNDS 1,407.75
RESERVE FOR PAVING COSTS 4,793.91
PAYROLL TAXES PAYABLE 762.42
SPECIAL LIBRARY ACCOUNT 69.38
RESERVE FOR SPECIAL LIBRARY BUILDING FUND 10,704.20
PLAYGROUND ACCOUNT 36.11
APPEARANCE BOND 250.00
SURPLUS - SCHEDULE "B-3" 426,390.18
TOTAL LIABILITIES AND SURPLUS $ 446,443.74
EXHIBIT " B "
16
TAX S A L E C E R T I F I C A T E S
OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGEWATER FLORIDA
YEAR AMOUNT
1925
$ 41.57
1926
200.07
1927
137.00
1928
77.54
1929
12.92
1930
76.58
1931
12.44
1932
26.48
1933
133.70
1934
2.62
1935
12.37
1936
2.74
1937
6.26
1938
4.67
1943
17.28
1944
12.64
1945
7.45
1946
1.43
1947
1.13
1949
1.31
1950
2.93
TOTALS
$ 791.13
SCHEDULE " B -1 "
17
F I X E D AS SETS
OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGE FLORIDA
Road Machinery
$ 41,222.73
New City Hall
21,123.95
Furniture and Fixtures
7,819.24
City Barn Building
2,983.85
Maps
80.00
Real Estate
25,621.60
Shell Streets
4,170.44
Street Paving
129,601.30
Strand Road Fill
3,797.00
Traffic Lights
4,392.55
Police Department Equipment
6,542.00
Small Tools
1,241.76
Fire Department Equipment
20,176.45
Street Signs
2,888.50
Street Department Equipment
18,260.26
Library and Chamber of Commerce
6,950.23
Library Fixtures
1,860.22
Community House
17,984.82
Community House Equipment
7,569.09
Municipal Park and Pier
7,429.19
Picnic Area
664.36
Communications System
1,776.42
Municipal Code
5,171.51
Building Official's Automobile
2,387.82
Bridge
4,712.03
TOTALS $ 346,427.32
SCHEDULE " B -2 "
18
A N A L Y S I S OF S U R P L U S
OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGEWATER FLORIDA
Surplus - November 1, 1965
ADD: Write Off Old Outstanding Check
Fixed Assets Acquired
Payment on Note Payable
Excess of Collections Over Expenditures
DEDUCT: Adjustment For Accounts Payable
Collections on Paving Accounts Receivable
Fixed Assets Sold or Traded
Transfer From Water Fund Receivable
PRESENT SURPLUS
$ 348,023.13
$ 1.44
61,890.59
1,918.26
23,435.55 87,245.84
$ 435,268.97
$ 1,029.76
2,142.47
3,600.05
2,106.51 8,878.79
$ 426,390.18
SCHEDULE " B -3 "
M9
CASH R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1. 1965 to OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGEWATER FLORIDA
Balance as per Audit - November 1, 1965
$ 58,035.23
RECEIPTS
First Federal Savings and Loan
Association - Escrow
$ 2,800.00
Paving Collections
5,137.91
Nat Brown - Escrow Account
$
1,000.00
Less: Licenses Purchased
310.00
690.00
Payroll Taxes Collected
$
11,336,54
Less: Payroll Taxes Paid
11,180.34
156.20
Current Taxes
84,366.93
Building Permits
1,821.00
Electrical Permits
821.40
Plumbing Permits
432.00
Business Licenses
6,917.00
Occupational Permits
560.00
Beer, Wine and Liquor Licenses
1,822..50
Fines and Forfeitures
5,039.50
Miscellaneous Income:
Miscellaneous
$
581.39
Penalties
61.00
Sale of Shell
215.00
Interest on Paving
92.88
Equipment Rental
610.00
Interest From U.S. Treasury Bills
1,091.46
Sale of Office Equipment
99.50
2,751.23
Office and Storage Space Rental
1,200.00
Transfer From Water and Sewer Revenue
Fund
2,106.51
Florida Power and Light Company
10,000.00
Sale of Utility Commission
150,000.00
Examination Fees
212.50
Cigarette Taxes
17,057.90
Franchise Taxes
13,901.11
Dog Tags
147.50
Garbage and Trash Collection
24,490.20
Gasoline Used
$
4,361.57
Less: Gasoline Purchases
4,108.28
253.29
Library Building Fund
$
12,066.30
Less: Library Building Fund
Expenditures
1,490.80
10,575.50
Old Outstanding Checks Cancelled
1.44
TOTAL RECEIPTS
343,261.62
TOTAL TO BE ACCOUNTED FOR
$ 401,296.85
EXHIBIT " C " - Page 1
20
CASH R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1 1965 to OCTOBER 31 1966
GENERAL FUND
CITY OF EDGEWATER ,FLORIDA
DISBURSEMENTS
U.S. Treasury Bills Purchased
U.S. Treasury Bills Redeemed
Paving Bradford Road and Parkwood Lane
Paving Costs - Florida Shores
Purchase of Utility Commission
General Government Department
Garbage and Trash Department
Road Maintenance Department
Street Paving and Improvements
Dog, Cat and Pest Control
Parks Maintenance and Recreation
Department
Street Lights
Police Department
Fire Department
Emergencies and Contingencies
Civil Defense
Drainage
Library Department
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
Library Petty Cash Fund
Cash on Hand
Bank of New Smyrna
First National Bank of New Smyrna
$ 197,708.54
148,908.54 $
48,800.00
2,082.25
1,146.69
150,000.00
33,804.74
21,612.10
28,257.14
310.00
694.50
3,448.49
7,084.88
23,369.91
11,026.02
1,567.07
141.65
4,583.88
16,618.98
$ 5.00
230.00
1.44
46,512.11
$ 354,548.30
$ 46,748.55
46,748.55
EXHIBIT " C "
E S T I M A T E D REVENUE
NOVEMBER 1. 1965 to OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGEWATER, FLORIDA
ORIGINAL
ESTIMATE
Taxes
Building Permits
Electric Permits
Plumbing Permits
Business Licenses
Occupational Permits
Beer, Wine and Liquor Licenses
Fines and Forfeitures
Miscellaneous
Cigarette Tax
Franchise Rebate
Dog Tags
Garbage and Trash Collections
Office and Storage Space Rental
Surplus - First National Bank of New Smyrna
Utility Lines
Transfer From Water and Sewer Revenue Fund
Florida Power and Light Company
Paving Assessments
TOTALS
TOTAL COLLECTIONS
LESS: APPROPRIATED SURPLUS
NET COLLECTIONS
TOTAL EXPENDITURES
EXCESS OF COLLECTIONS
OVER EXPENDITURES
$ 337,789.75
12,000.00
$ 325,789.75
302,354.20
$ 23,435.55
78,000.00
2,500.00
1,200.00
800.00
7,500.00
400.00
1,900.00
2,500.00
1,000.00
15,500.00
15,000.00
150.00
22,500.00
1,200.00
$ 150,150.00
21
ORDINANCE ORDINANCE AMENDED UNCOLLECTED
NO. 484 NO. 485 ESTIMATE COLLECTED OVERCOLLECTED*
$ 150,000.00
$ 12,000.00
$ 78,000.00
2,500.00
1,200.00
800.00
7,500.00
400,00
1,900.00
2,500.00
1,000.00
15,500.00
15,000.00
150.00
22,500.00
1,200.00
12,000.00
150,000.00
-0-
-0-
-0-
$ 150,000.00 $ 12,000.00 $ 312,150.00
$ 84,366.93
1,821.00
821.40
432.00
6,917.00
560.00
1,822.50
5,039.50
2,963.73
17,057.90
13,901.11
147.50
24,490.20
1,200.00
12,000.00
150,000.00
2,106,51
10,000.00
2,142.47
$ 337,789.75
$ 6,366.93*
679.00
376,60
370.00
583.00
160.00*
77.50
2,539.50*
1,963.73*
1,557.90*
1,098.89
2.50
1,990,20*
-0-
-0-
-0-
2,106.51*
10,000.00*
2,142,47*
$ 25,639.75*
EXHIBIT " D "
BUDGET A P P R O P R I A T I O N S
NOVEMBER 1. 1965 to OCTOBER 31. 1966
GENERAL FUND
CITY OF EDGEWATER -FLORIDA --
ORIGINAL ORDINANCE
APPROPRIATION NO. 484
GENERAL GOVERNMENT
$
Mayor, Judge and Council
$ 2,800.00
City Clerk
3,500.00
Office Employees
6,500.00
Attorney
2,400.00
Elections
500.00
Office Expense
3,000.00
Miscellaneous
1,000.00
Auditor
500.00
Insurance
4,000.00
Building Official and Car Expense
3,500.00
Upkeep City Hall
3,000.00
Social Security - City Share
3,200.00
Municipal Code
1,918.25
City Manager
-0---
TOTALS
$ 35,818. $ -0-
STREET DEPARTMENT - GARBAGE AND TRASH
Salaries $ 16,000.00
Repairs and Expense Truck 1,700.00
Miscellaneous 1,000.00
New Equipment 100.00
Sinking Fund (Property) 3.000.00
TOTALS $ 21,800.0 $ -0-
ROAD MAINTENANCE
Salaries
$
15,000.00
Truck and Tractor - Repairs and Expense
2,900.00
New Equipment
100.00
Miscellaneous
2,000.00
TOTALS
$
20,000.00
$
-0-
STREET PAVING AND IMPROVEMENTS
$
10,000.00
$
-0-
DOG. CAT AND PEST CONTROL
$
750.00
$
-0-
PARK MAINTENANCE AND RECREATION
$
3,3 00.00
$
-0
22
ORDINANCE ORDINANCE AMENDED UNEXPENDED
NO. 485 NO. 521 APPROPRIATION EXPENDED OVEREXPENDED*
$ 2,800.00
3,500.00
6,500.00
2,400.00
500.00
3,000.00
1,000.00
500.00
4,000.00
3,500.00
3,000.00
3,200.00
1,918.25
-0-
$ -0- $ -0- $ 35,818.25
$ 16,000.00
1,700.00
1,000.00
100.00
3.000.00
$ -0- $ -0- $ 21,800.
$ 2,650.00 $
150.00
2,075.00
1,425.00
5,660.85
839.15
2,715.60
315.60*
708.20
208.20*
3,013.22
13.22*
1,717.10
717.10*
500.00
-0-
4,519.38
519.38*
2,992.50
507.50
1,849.84
1,150.16
3,239.64
39.64*
1,918.25
-0-
80.00
80.00*
$ 33, 6 3 9.58 $ 2 , 17 8.67
$ 18,140.86 $ 2,140.86*
2,825.19
1,125.19*
646.05
353.95
-0-
100.00
-0-
3.000.00
$ 21,612.10 $
187.90
EXHIBIT " E " - Page 1
$
15,000.00
$
16,117.09
$
1,117.09*
2,900.00
3,259.26
359,26*
100.00
7,851.00
7,751.00*
2,000.00
1,029.79
970.21
$ -0-
$
-0-
$
20,000.00
$
28,257.14
$
8,257.14*
$ -0-
$
-0-
$
10,000.00
$
310.00
$
9,690.00
$ -0-
$
-0-
$
750.00
$
694.50
$
55.50
$ -0-
$
-0-
$
3, 300.00
$
2 , 7 80.25
$
519.75
EXHIBIT " E " - Page 1
BUDGET APPROPRIATIONS
NOVEMBER 1 1965 to OCTOBER 31, 1966
GENERAL FUND
CITY OF EDGEWATER, FLORIDA
��.. -...rte. �-�. r
ORIGINAL ORDINANCE
APPROPRIATIONS NO. 484
STREET LIGHTS
POLICE DEPARTMENT
Salaries
Gas, Oil and Repairs
Telephone
Radio Service
Supplies
Miscellaneous
Prisoner Fees
New Equipment
$ 8, 600.00 $ -0-
S 17,500.00
2,000.00
150.00
300.00
800.00
250.00
150.00
1,200.00
TOTALS
FIRE DEPARTMENT
Salaries
Fire Hydrants
Truck Expense
New Equipment
Telephone
Electric
Insurance
Miscellaneous
TOTALS
EMERGENCIES AND CONTINGENCIES
CIVIL DEFENSE
DRAINAGE
$ 22,350. $ -0-
$ 3,200.00
5,000.00
225.00
2,500.00
150.00
200.00
280.00
500.00
$ 1 2,055.00
$
-0-
$ 5,000.00
$
-0-
$ 500.00
$
-0-
$ 2,500.00
$
-0-
23
ORDINANCE ORDINANCE AMENDED UNEXPENDED
NO. 485 NO. 521 APPROPRIATION EXPENDED OVEREXPENDED*
$ -0-
$ (1, 000.00)
$ 7,600.00 $ 7,084.88 $ 515.12
$ -0-
$ -0-
$ -0-
$ -0-
$ -0-
$ 1,150.00
500.00
$ 1,65
$ -0-
$ (3,000.00)
$ (300.00)
$ 2,500.00
$ 18,650.00
2,000.00
150.00
300.00
800.00
250.00
150.00
1,700.00
$ 24, 000.00
$ 3,200.00
5,000.00
225.00
2,500.00
150.00
200.00
280.00
500.00
$ 12,055.0
$ 2,000.00
$ 200.00
$ 5,000.00
$ 18,900.29
1,852.81
95.20
125.98
286.33
297.90
122.00
1,689.40
$ 23,369.
$ 2,644.00
4,387.50
114.39
2,921.94
188.42
106.52
175.00
488.25
$ 11, 0 2 6.02
$ 1,567.07
$ 141.65
$ 4,583.88
$ 250.29*
147.19
54.80
174.02
513.67
47.90*
28.00
10.60
$ 63 0.09
$ 556.00
612.50
110.61
421.94*
38.42*
93.48
105.00
11.75
$ 1,0 28.98
$ 432.93
$ 58.35
$ 416.12
EXHIBIT " E " - Page 2
BUDGET A P P R O P R I A T TONS
NOVEMBER 1. 1965 to OCTOBER-31,-1966
GENERAL FUND
CITY OF_EDGEWATER, FLORIDA
ORIGINAL ORDINANCE
APPROPRIATION NO. 484
LIBRARY
New Library Building
Salaries
Books
Miscellaneous
New Equipment
CAPITAL OUTLAY
CITY MANAGER
UTILITY SYSTEM PURCHASE FUND
$ -0-
2,750.00
600.00
1,200.00
-0-
TOTALS $ 4,550.00 $ -0-
$ 2,924.75 $ -0-
$ 1.00 $ -0-
$ 1.00 $ 15 0,000.00
GRAND TOTALS $ 150,150.00 $ 150,000.00
24
ORDINANCE ORDINANCE AMENDED UNEXPENDED
NO. 485 NO. 521 APPROPRIATION EXPENDED OVEREXPENDED*
$ 12,000.00
$
12,000.00
$
12,000.00
$
-0-
2,750.00
2,797.50
47.50*
$
150.00
750.00
723.37
26.63
1,200.00
881.61
318.39
-0-
216.50
216.50*
$ 12,000.00
$
150.00
$
16,700.00
$
16,618.98
$
81.02
$ -0-
$
1.00
$
2,925.75
$
668.24
$
2,257.51
$ - 0 -
$
-0-
$
1.00
$
-0-
$
1.00
$ -0-
$
(1.00)
$
150,000.00
$
150,000.00
$
-0-
$ 12,000.00
$
-0-
$
312,150.00
$
302,354.20
$
9,795.80
EXHIBIT " E "
CONSOLIDATED BALANCE S H E E T
OCTOBER 31, 1966
ALL WATERWORKS AND SEWER SYSTEM FUNDS
CITY OF EDGEWATER, FLORIDA
A S S E T S
CASH ON HAND AND IN BANKS
Cash on Hand
Bank of New Smyrna:
Revenue Fund
Operation and Maintenance Fund
..Renewal and Replacement Fund
Debt Service Reserve
Bond and Interest Sinking Fund
ACCOUNTS RECEIVABLE
Water Consumers
Sewer Accounts
INVESTMENTS
U. S. Treasury Bills:
Bond Interest and Sinking Fund
Renewal and Replacement Fund
Debt Service Reserve
FIXED - EXHIBIT " G "
INVENTORY OF MATERIAL
$ 517.40
$ 11,337.53
447.47
2,908.74
5,033.00
13,725.65 33,452.39 $ 33,969.79
$ 2,011.24
2,728.00
$ 10,759.08
49,905.20
94,967.00
4,739.24
155,631.28
1,972,625.94
3,556.23
TOTAL ASSETS $ 2,170,522.48
25
L I A B I L I T I E S AND S U R P L U S
ACCOUNTS PAYABLE - UNRECORDED $ 865.74
PAYROLL TAXES PAYABLE 206.72
REFUNDABLE LINE EXTENSION DEPOSITS 8,137.16
TRANSFERS - GENERAL FUND 20,24
METER DEPOSITS 12,540.30
WATERWORKS AND SEWER SYSTEM REFUNDING AND
IMPROVEMENT REVENUE BONDS - SERIES "A" 351,000.00
WATERWORKS AND SEWER SYSTEM REFUNDING AND
IMPROVEMENT REVENUE BONDS - SERIFS "B" 1,323,000.00
ESCROW FUNDS 500.00
SURPLUS 474,252.32
TOTAL LIABILITIES AND SURPLUS $ 2,170,522.48
EXHIBIT " F "
B A L A N C E S H E E T
OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM REVENUE FUND
CITY OF EDGEWATER. FLORIDA
A S S E T S
CASH ON HAND AND IN BANKS
Cash on Hand $ 517.40
Bank of New Smyrna 11.337.53 $ 11,854.93
WATER CUSTOMERS' ACCOUNTS RECEIVABLE
2,011.24
SEWER ACCOUNTS RECEIVABLE
2,728.00
FIXED
Land
$ 12,000.00
Sewer System
1,367,273.47
Water Plant and Distribution System
380,094.80
Line Extensions
128,581.20
Improvements to Water Plant
20,473.86
Water Tank #2
50,331.33
Equipment
886.22
Lawn Mower
125.00
Bookkeeping Machine
5,090.00
Generator
2,080.00
1959 Chevrolet Truck
2,410.56
1965 International Harvester Truck
2,586.00
Communications Equipment
538.50
3,000 Gallon Storage Tank - 1/3 Cost
155.00
1,972,625.94
INVENTORY OF MATERIALS
3,556.23
TOTAL ASSETS $ 1,992,776.34
26
L I A B I L I T I E S AND S U R P L U S
METER DEPOSITS $ 12,540.30
ESCROW FUNDS 500.00
WATERWORKS AND SEWER SYSTEM REFUNDING AND
IMPROVEMENT REVENUE BONDS - SERIES " A " 351,000.00
WATERWORKS AND SEWER SYSTEM REFUNDING AND
IMPROVEMENT REVENUE BONDS - SERIES " B 1,323,000.00
TRANSFERS - GENERAL FUND 20.24
REFUNDABLE LINE EXTENSION DEPOSITS 8,137.16
SURPLUS - SCHEDULE "G -1" 297,578.64
TOTAL LIABILITIES AND SURPLUS $ 1,992,776.34
EXHIBIT " G "
27
A N A L Y S I S OF S U R P L U S
OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM REVENUE FUND
CITY OF EDGEWATER FLORIDA
SURPLUS - November 1, 1965
$ 73,672.53
ADD: Bonds Retired
$ 9,000.00
Refundable Line Extension
Deposits Adjustment
4.36
New Lawn Mower -
Operation and Maintenance Fund
125.00
Water Line Extensions -
Renewal and Replacement Fund
37,878.28
New Bookkeeping Machine
5,090.00
Increase in Inventory
1,475.12
Reduction of Liability -
General Fund Transfer
2,106.51
Land
12,000.00
Sewer System, Transfer From
Construction Fund
162,677.45
Revenues
150,780.68 381,137.40
$ 454,809.93
DEDUCT: Bookkeeping Machine Traded $ 2,750.00
Accounts Receivable Adjustment 192.42
Transfers 154,288.87 157,231.29
PRESENT SURPLUS $ 297,578.64
SCHEDULE " G -1 "
28
CASH R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1 1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM REVENUE FUND
CITY OF EDGEWATER FLORIDA
Balance as per Audit - November 1, 1965
RECEIPTS
Accounts Receivable:
Water
Sewer
Meter Deposits
Less: Refunds
Refundable Line Extension Deposits
Less: Refunds
Connection Charges
Service Charges
Utility Taxes
Hydrant Rental
Penalties
Reimbursement for Line Damages
and Material
Miscellaneous
Interest From Investments
Transfer From Operation and
Maintenance
Sewer Connection Charges
Nat Brown - Escrow Account
Less: Connection and Deposit Charges
TOTAL RECEIPTS
TOTAL TO BE ACCOUNTED FOR
DISBURSEMENTS
Transfer to Operation and
Maintenance Fund
Transfer to Sinking Fund
Transfer to Renewal and
Replacement Fund
Transfer to Reserve Account
Transfer to General Fund
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
Cash on Hand
Bank of New Smyrna
$ 92,902.44
225.50
12.56
5,210.00
1,112 .50
27,432.29
4,387.50
54.61
$ 44,308.24
48,594.20
$ 2,432.50
2,207.00
$ 818.00
805.44
1,013.20
17.50
7,025.14
9,121.34
2,625.00
$ 2,500.00
2,000.00 500.00
$ 35,500.44
57,756.26
52,575.42
6,350.24
2,106.51
$ 14,504.22
151,639.58
$ 166,143.80
154,288.87
$ 11,854.93
$ 517.40
11,337.53 11,854.93
EXHIBIT " H "
29
E S T I M A T E D REVENUE
NOVEMBER 1, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM REVENUE FUND
CITY OF EDGEWATER FLORIDA
Water Sales
Connection Charges - Water
Service Charges
Hydrant Rentals
Sewer Sales
Connection Charges - Sewer
Miscellaneous
Utility Tax
Interest on Investments
Transferred From Operation and
Maintenance Fund
TOTALS
BUDGET A P P R O P R I A T I O N S
NOVEMBER 1, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM REVENUE FUND
CITY OF EDGEWATER FLORIDA
UNEXPENDED
APPROPRIATED EXPENDED OVER EXPENDED*
Operation and Maintenance Fund
Bond and Interest Sinking Fund
Debt Service Reserve
Renewal and Replacement Fund
Transferred to General Fund
TOTALS
$ 35,500.00
$ 35,500.44
UNCOLLECTED
ESTIMATED
COLLECTED
OVERCOLLECTED*
$ 45,000.00
$ 44,081.40
$ 918.60
3,300.00
5,210.00
1,910.00*
800.00
1,112.50
312.50*
5,000.00
4,387.50
612.50
48,000.00
48,617.70
617.70*
750.00
2,625.00
1,875.00*
350.00
1,167.81
817.81*
25,000.00
27,432.29
2,432.29*
5,200.00
7,025.14
1,825.14*
-0-
9,121.34
9,121.34*
$ 13
$ 15 0,780.68
$ 17, 380.68*
BUDGET A P P R O P R I A T I O N S
NOVEMBER 1, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM REVENUE FUND
CITY OF EDGEWATER FLORIDA
UNEXPENDED
APPROPRIATED EXPENDED OVER EXPENDED*
Operation and Maintenance Fund
Bond and Interest Sinking Fund
Debt Service Reserve
Renewal and Replacement Fund
Transferred to General Fund
TOTALS
$ 35,500.00
$ 35,500.44
57,756.26
57,756.26
9,000.00
6,350.24
31,143.74
52,575.42
-0-
2,106.51
$ 133,40 $ 154,288.87
EXHIBIT " I "
$ .44*
-0-
2,649.76
21,431.68*
2,106.51*
$ 20,888.87*
30
B A L A N C E S H E E T
OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
CITY OF EDGEWATER FLORIDA
A S S E T S
CASH IN BANK
Bank of New Smyrna
TOTAL ASSETS
L I A B I L I T I E S AND S U R P L U S
ACCOUNTS PAYABLE - UNRECORDED
PAYROLL TAXES PAYABLE
SURPLUS
Surplus - November 1, 1965 $ 8,956.44
Add: Transfers From Revenue Fund 35,500.44
$ 44,456.88
Deduct:
Operating Expenses -
Water Department
Sewer Department
Transfer to Revenue Fund -
Balance at End of Year
(1964 -65)
Transfer to Revenue Fund -
Equipment
Accounts Payable Adjustment
$ 19,368.15
15,601.64 $ 34,969.79
$ 447.47
$ 447.47
$ 865.74
206.72
9,121.34
125.00
865.74 45,081.87 (624.99)
$ 447.47
TOTAL LIABILITIES AND SURPLUS
EXHIBIT " J "
31
C A S H R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
CITY OF EDGEWATER FLORIDA
Balance as per Audit - November 1, 1965
RECEIPTS
Transfer From Revenue Fund
Payroll Taxes Collected - Sewer
Payroll Taxes Paid - Sewer
TOTAL RECEIPTS
TOTAL TO BE ACCOUNTED FOR
DISBURSEMENTS
Transfer to Revenue Fund
WATER DEPARTMENT
Salaries and Wages
Social Security Expense
Power
Chemicals
Supplies
Truck Expense
Repairs and Replacement
Telephone
Printing, Office Supplies and Postage
Professional Services
Miscellaneous
Tank Service Contract
Equipment Rental
Insurance
Office and Storage Space Rental
SEWER DEPARTMENT
Salaries and Wages
Social Security Expense
Electricity
Chemicals
Supplies
Truck Expense
Repairs and Replacements
Telephone
Printing
$ 35,500.44
$ 2,398.83
2,357.01 41.82
$ 9,522.44
410.73
2,53
529.96
1,364.21
541.71
440.53
285.59
349.42
250.00
319.20
500.00
55.00
1,060.58
1,200.00
$ 8,175.10
295.33
2,329.09
2,231.39
210.68
220.42
419.02
137.76
2 82 .14
$ 9,121.34
19,368.15
$ 9,121.34
35,542.26
$ 44,663.60
EXHIBIT " K " - Page 1
32
CASH R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1. 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
CITY OFEDGEWATER, FLORIDA
DISBURSEMENTS - CONTINUED
SEWER DEPARTMENT - Continued
Miscellaneous Expense
Machinery Rental
Auditing - Sewer System
Insurance
TOTAL DISBURSEMENTS
$ 258.41
110.00
250.00
807.30 $ 15,726.64
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
Bank of New Smyrna
$ 44.216.13
$ 447.47
447.47
EXHIBIT " K "
33
E S T I M A T E D REVENUE
NOVEMBER 1. 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
CITY OF EDGEWATER FLORIDA
UNCOLLECTED
ESTIMATED COLLECTED OVERCOLLECTED*
Transfer From Revenue Fund
$ 35,500.00 $ 35,500.44 $ .44*
BUDGET A P P R O P R I A T I O N S
NOVEMBER 1. 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
CITY OF EDGEWATER. FLORIDA
EXHIBIT " L " - Page 1
APPROPRIATED
EXPENDED
UNEXPENDED
OVEREXPENDED*
WATER DEPARTMENT
Salaries
$ 8,500.00
$ 9,522.44
$ 1,022.44*
Payroll Taxes
300.00
410.73
110,73*
Power
2,600.00
2,538.78
61.22
Chemicals
400.00
529.96
129.96*
Tank Maintenance
500.00
500.00
-0-
Supplies
1,600.00
1064.21
235.79
Truck Expense
550.00
541.71
8.29
Repairs and Replacements
350.00
440.53
90,53*
Telephone
300.00
285.59
14.41
Printing and Office Supplies
300.00
349.42
49.42*
Professional Services
300.00
250.00
50.00
Insurance
300.00
1,060.58
760.58*
Equipment Rental
300.00
55.00
245.00
Miscellaneous
500.00
319.20
180.80
Office and Storage Space Rental
600.00
1,200,00
600.00*
TOTALS WATER DEPARTMENT
$ 17 ,400.00
$ 19 ,368.15
$ 1,968.15*
EXHIBIT " L " - Page 1
34
BUDGET AP P R O P R I A T IONS
NOVEMBER 1. 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM OPERATION AND MAINTENANCE FUND
CITY OF EDGEWATER FLORIDA
UNEXPENDED
APPROPRIATED EXPENDED OVEREXPENDED*
SEWER DEPARTMENT
Salaries and Wages
Electric
Chemicals
Supplies
Truck Expense
Repairs and Replacements
Telephone
Printing, Office Supplies and Postage
Professional Services
Insurance
Equipment Rental
Office Space Rental
Miscellaneous
Payroll Taxes
$ 8,500.00
$ 8,175.10 $
324.90
3,000.00
2,329.09
670.91
2,100.00
2,231.39
131.39*
800.00
210.68
589.32
500.00
220.42
279.58
300.00
419,02
119.02*
300.00
137.76
162.24
300.00
282.14
17.86
300.00
250.00
50.00
300.00
807.30
507.30*
300.00
110.00
190.00
600.00
-0-
600.00
500.00
258.41
241.59
300.00
295.33
4.67
TOTALS SEWER DEPARTMENT
TOTALS WATER AND SEWER
DEPARTMENT
$ 18,100. $ 15,726. $ 2,373.36
$ 35,500.00 $ 35,094.79 $ 405.21
EXHIBIT " L "
35
• B A L A N C E S H E E T
a OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM BOND AND INTEREST SINKING FUND
CITY OF EDGEWATER FLORIDA
AS S E T S
CASH IN BANK
Bank of New Smyrna
INVESTMENTS
U. S. Treasury Bills, Due
January 19, 1967
TOTAL ASSETS
L I A B I L I T I E S AND S U R P L U S
LIABILITIES
SURPLUS
Surplus - November 1, 1965
Add: Transfer From Revenue Fund
Interest on Investments
Deduct: Transfer to Revenue Fund
Bonds Retired
Interest on Bonds
$ 43,880.97
$ 57,756.26
948.18 58,704.44
$ 102,585.41
$ 13,725.65
10,759.08
$ 24,484.73
$ -0-
$ 948.18
9,000.00
68,152.50 78,100,68 24,484.73
TOTAL LIABILITIES AND SURPLUS $ 24,484.73
EXHIBIT " M "
36
CASH R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1_, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM BOND AND INTEREST SINKING FUND
CITY OF_EDGEWATER, FLORIDA
Balance as per Audit - November 1, 1965
RECEIPTS
Transfers From Revenue Fund
Interest on Treasury Bills
U. S. Treasury Bills Redeemed
Less: U. S. Treasury Bills Purchased
TOTAL RECEIPTS
TOTAL TO BE ACCOUNTED FOR
DISBURSEMENTS
Transfers to Revenue Fund -
Interest on Treasury Bills
Bond Retired
Interest on Bonds
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
Bank of New Smyrna
$ 57,756.26
948.18
$ 62,051.82
29,511.73 32,540.09
$ 948,18
9,000.00
68,152.50
$ 581.80
91,244.53
$ 91, 826.33
78,100.68
$ 13,725.65
13,725.65
EXHIBIT " N "
37
E S T I M A T E D REVENUE
NOVEMBER 1, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM BOND AND INTEREST SINKING FUND
CITY OF EDGEWATER, FLORIDA
UNCOLLECTED
ESTIMATED COLLECTED OVERCOLLECTED*
Transfer From Revenue Fund $ 57,756.26
Interest From U. S. Treasury Bills -0-
$ 57,756.26 $ -0-
948.18 948.18*
TOTALS $ 57, 7 5 6.26 $ 58 , 7 04.44 $ 948.18*
B U D G E T A P P R O P R I A T I O N S
NOVEMBER-1-1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM BOND AND INTEREST SINKING FUND
EXHIBIT " 0 "
CITY OF EDGEWATER FLORIDA
UNEXPENDED
APPROPRIATED
EXPENDED
OVEREXPENDED*
Interest - Series "A"
$ 16,886.25
$ 16,886.25
$ -0-
Interest - Series "B"
31,870,01
51,266.25
19,396.24*
Bonds Retired
9,000.00
9,000.00
-0-
Interest Transferred to
Revenue Fund -0-
948.18
948.18*
TOTALS
$ 57,756.26
$ 78,100.68
$ 20,344.42*
EXHIBIT " 0 "
W
B A L A N C E S H E E T
OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM DEBT SERVICE RESERVE
CITY OF EDGEWATER, FLORIDA
A S S E T S
CASH IN BANK
Bank of New Smyrna
INVESTMENTS
U. S. Treasury Bills - Due July 31, 1967
TOTAL ASSETS
L I A B I L I T I E S AND S U R P L U S
LIABILITIES
SURPLUS
Surplus - November 1, 1965
Add: Interest From Investments
Transfer From Revenue Fund
Deduct: Transfers to Revenue Fund
TOTAL LIABILITIES AND SURPLUS
$ 3,416.83
$ 93,649.76
$ 5,033.00
94,967.00
$ 100,000.00
$ -0-
6,350.24 9,767.07
$ 103,416.83
3,416.83 100,000.00
$ 100,000.00
EXHIBIT " P "
39
C A S H R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1 1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM DEBT SERVICE RESERVE
CITY OF EDGEWATER, FLORIDA
Balance as per Audit - November 1, 1965
RECEIPTS
Transfers From Revenue Fund
Interest on Investments - Current Year
TOTAL RECEIPTS
TOTAL TO BE ACCOUNTED FOR
DISBURSEMENTS
U. S. Treasury Bills Purchased
U. S. Treasury Bills Redeemed
Transfer to Revenue Fund:
Interest on Investments
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
Bank of New Smyrna
$ 167,698.89
158,587.43 $ 9,111.46
$ 6,350.24
3,416.83
3,416.83
$ 7,794.22
9,767.07
$ 17,561.29
12,528.29
$ 5,033.00
5,033.00
EXHIBIT " Q ''
40
E S T I M A T E D R E V E N U E
NOVEMBER 1, 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM DEBT SERVICE RESERVE
CITY OF EDGEWATER FLORIDA
UNCOLLECTED
ESTIMATED COLLECTED OVERCOLLECTED*
Transfers From Revenue Fund
Interest From U. S. Treasury Bills
TOTALS
$ 9,000.00 $ 6,350.24 $ 2,649.76
-0- 3,416.83 3,416.83'^
$ 9,000.00 $ 9,767.07 $ 767.07*
BUDGET A P P R O P R I A T IONS
NOVEMBER 1 1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM DEBT SERVICE RESERVE
CITY OF EDGEWATER FLORIDA
UNEXPENDED
APPROPRIATED EXPENDED OVEREXPENDED*
Unappropriated Surplus
Interest Transferred to Revenue Fund
TOTALS
$ 9,000.00 $ -0- $ 9,000.00
-0- 3,416.83 3,416.83*
$ 9,000.00 $ 3,416.83
$ 5,583.17
EXHIBIT " R "
41
BALANCE S H E ET
OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM RENEWAL AND REPLACEMENT FUND
CITY OF EDGEWATER FLORIDA
A S S E T S
CASH IN BANK
Bank of New Smyrna
INVESTMENTS
U. S. Treasury Bills, Due December 1, 1966
TOTAL ASSETS
L I A B I L I T I E S AND S U R P L U S
LIABILITIES
SURPLUS
Surplus - November 1, 1965 $ 43,240.39
Add: Adjustment For Accounts Payable $ 380.64
Transfers From Revenue Fund 52,575.42
Interest on Investments -
Current Year 1,599.18 54,555.24
Deduct: Transfer to Construction Fund -
Sewer Extensions
Transfer to Revenue Fund -
Water Line Extensions
Bookkeeping Machine
Interest on Investments
TOTAL LIABILITIES AND SURPLUS
$ 97,795.63
$ 2,908.74
49,905.20
$ 52,813.94
$ -0-
$ 1,504.23
37,878.28
4,000.00
1,599.18 44,981.69 52,813.94
$ 52,813.94
EXHIBIT " S "
42
C A S H R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1. 1965 to OCTOBER 31. 1966
WATERWORKS AND SEWER SYSTEM RENEWAL AND REPLACEMENT FUND
CITY OF EDGEWATER FLORIDA
Balance as per Audit - November 1, 1965
RECEIPTS
Transfer From Revenue Fund
Interest on U. S. Treasury Bills
TOTAL RECEIPTS
TOTAL TO BE ACCOUNTED FOR
DISBURSEMENTS
U. S. Treasury Bills Purchased
U. S. Treasury Bills Redeemed
Interest Transfer to Revenue Fund
Water Department:
Wages
Social Security Expense
Materials
Repairs and Extensions
Equipment Rental
New Equipment
Engineering
Sewer Department:
Materials
Wages
Social Security Expense
Repairs and Extensions
Equipment Rental
Engineering
Line Extension
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
Bank of New Smyrna
$ 52,575.42
1,599.18
$ 128,822.26
12 1,400.82 $ 7,421.44
1,599.18
41,878.28
$ 284.86
11.98
7,177.37
28,836.39
586.05
4,000.00
981.63
1.504.23
$ 551.33
85.15
3.58
58.33
120.00
225.00
460.84
$ 1,137.27
54,174.60
$ 55,311.87
52,403.13
$ 2,908.74
2,908.74
EXHIBIT " T "
43
E S T I M A T E D REVENUE
NOVEMBER 1 1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM RENEWAL AND REPLACEMENT FUND
CITY OF EDGEWATER, FLORIDA
UNCOLLECTED
ESTIMATED COLLECTED OVERCOLLECTED*
Transfer From Revenue Fund $ 31,143.74 $ 52,575.42 $ 21,431.68*
Interest on Investments -0- 1,599.18 1,599.18*
TOTALS $ 3 1,143.74 $ 5 4,174.60 $ 2
B U D G E T A P P R O P R I A T I O N S
NOVEMBER 1 1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM RENEWAL AND REPLACEMENT FUND
CITY OF EDGEWATER FLORIDA
UNEXPENDED
APPROPRIATED EXPENDED OVEREXPENDED*
Capital Improvements
Interest Transferred to Revenue Fund
TOTALS
$ 31,143.74 $ 43,382.51 $ 12,238.77*
-0- 1,599.18 1,599.18*
$ 31,143.74 $ 44,981.69 $ 13,837.95*
EXHIBIT " U "
CASH R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1. 1963 to OCTOBER 31 1966
CONSTRUCTION FUND
.TTY OF EDGEWATER FLORIDA
NOVEMBER 1, 1963
TO
OCTOBER 31, 1965
Balance - Bank of New Smyrna -
November 1, 1965
RECEIPTS
Interim Loan - Bank of New Smyrna
Proceeds From Sale of Bonds
Accrued Interest on Sale of Bonds
Interest From U.S. Treasury Bills
U.S. Public Health Grant
Transfer From Renewal and Replacement Fund
U.S. Treasury Bills Redeemed
Less: U.S. Treasury Bills Purchased
TOTAL RECEIPTS
TOTAL TO BE ACCOUNTED
DISBURSEMENTS
Work In Progress:
Sewer Lines
Pumping Station
Sewer Plant
Water Tank
Engineers and Testing
Easements
Field Inspections and Audits
Legal and Administrative
Capitalized Interest:
Interest on Interim Loan
Transfer to Sinking Fund
TOTAL WORK IN PROGRESS
Sewer Line Extensions
Water Line Extensions
Water Plant Improvements
Generator
Transfer to Revenue Fund:
Interest on Treasury Bills
Reimbursement For Truck Purchased
Accrued Interest Transferred to
Sinking Fund
Payoff of Interim Loan
U.S. Treasury Bills Purchased
Less: U.S. Treasury Bills Redeemed
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED
ACCOUNTED FOR AS FOLLOWS
Bank of New Smyrna
866,795.72
86,267.00
173,961.38
-0-
127,106.88
5,604.70
10,000.00
7,244.34
$ 5,639.76
73,740.24 79,380.00
$ 1,356,360.02
559.22
-0-
20,473.86
2,080.00
$ 3,301.37
1.986.00 5,287.37
18,512.82
$ 663,315.30 805,000.00
571,652.50 91.662.80
$ 805,000.00
1,323,000.00
18,512.82
3,301.37
162,600.00
559.22
$ 2,312,973.41
$ 2,312,973.41
2,299,936.09
$ 13,037.32
13,037.32
44
NOVEMBER 1, 1965 NOVEMBER 1, 1963
TO TO
OCTOBER 31, 1966 OCTOBER 31, 1966
$ 13,037.32
$ 805,000.00
1,323,000.00
18,512.82
$ 795.21 4,096.58
162,600.00
231,204.79 1,504.23 2,063.45
$
139.541.99 91.662.80 91.662.80
93,962.24 $ 2,406,935.65
$ 106,999.56 $ 2,406,935.65
$ 866,795.72
86,267.00
173,961.38
$ 50,331.33 50,331.33
3,588.92 130,695.80
5,604.70
10,000.00
9,080.00 16,324.34
79,380.00
$ 63,000.25 $ 1,419,360.27
1,504.23 2,063.45
41,699.87 41,699.87
20,473.86
2,080.00
795.21 $ 4,096.58
1.986.00 6,082.58
18,512.82
805,000,00
$ 663,315.30
571,652.50 91.662.80
106,999.56 2,406,935.65
$ -0- $ -0-
ME
-0-
EXHIBIT " V "
45
I N C O M E AND E X P E N S E S T A T E M E N T
NOVEMBER 1 1965 to OCTOBER 31 1966
WATERWORKS AND SEWER SYSTEM FUNDS
CITY OF EDGEWATER FLORIDA
INCOME
Water Sales
$ 44,081.40
Connection Charges
5,210.00
Service Charges
1,112.50
Hydrant Rentals
4,387.50
Miscellaneous Income
154.61
Sewer Charges
48,617.70
Sewer Connection Charges
2,625.00
TOTAL RECEIPTS
FXPENSE
WATER DEPARTMENT
Salaries and Wages
$ 9,522.44
Payroll Taxes
410.73
Power
2,538.78
Chemicals
529.96
Supplies
1,364.21
Truck Expense
541.71
Repairs and Replacements
440.53
Telephone
285.59
Printing, Office Supplies and Postage
349.42
Professional Services
250.00
Miscellaneous Expense
819.20
Equipment Rental
55.00
Insurance
1,060.58
Office and Storage Space Rental
1,200.00
Bad Debts
83.47
$ 19,451.62
SEWER DEPARTMENT
Salaries and Wages
$ 8,175.10
Payroll Taxes
295.33
Power
2,329.09
Chemicals
2,231.39
Supplies
210.68
Truck Expense
220.42
Repairs and Replacements
419.02
Telephone
137.76
$ 106,188.71
EXHIBIT " W " - Page 1
46
I N C O M E AND E X P E N SE S T A T E M E N T
NOVEMBER 1. 1965 to OCTOBER 31, 1966
WATERWORKS AND SEWER SYSTEM FUNDS
CITY OF EDGEWATER FLORIDA
EXPENSE - CONTINUED
SEWER DEPARTMENT - Continued
Printing, Office Supplies and Postage $ 282.14
Miscellaneous 258.41
Machinery Rental 110.00
Auditing 250.00
Insurance 807.30
Bad Debts 108.95 $ 15,835.59
TOTAL EXPENSE
NET INCOME FROM OPERATIONS
OTHER INCOME AND EXPENSE
Utility Taxes $ 27,432.29
Interest From U. S. Treasury Bills 7,025.41
Reimbursement for Line Damages 1,013.20
$ 35,470.90
Deduct: Interest on Waterworks and
Sewer System Bonds 68,152.50
NET OTHER EXPENSE
NET INCOME OVER EXPENSE
$ 35,287.21
$ 70,901.50
32,681.60
$ 38,219.90
EXHIBIT " W "
47
IN S U R A N C E C O V E R A G E
OCTOBER 31, 1966
CITY OF EDGEWATER. FLORIDA
(Required Under Ordinance #400)
SECTION K (3)
Requirement:
Auto Liability Insurance
Limits - $50/100,000 Bodily Injury;
$10,000 Property Damage
Policy In Force:
NAC 10 -52 -66 Insurance Company of North America
Agent: J. E. Tumblin Agency, New Smyrna Beach, Florida
Period: 12/19/65 to 12/19/66
Limits: $100/300,000 Bodily Injury;
$25,000 Property Damage
SECTION K (1) (2)
( Requirement:
Fire and Extended Coverage on Insurable Portions of
the Water and Sewer Project
(2)
Requirement:
Public Liability Insurance
Limits: $50/100,000 Bodily Injury;
$10,000 Property Damage
Policy In Force:
Package Policy #AGP -18 -20 Insurance Company of North
America
Agent: J. E. Tumblin Agency, New Smyrna Beach, Florida
Period: 12/19/64 to "Until Cancelled"
(1) Property Covered - Water System
Blanket Policy - 90% Coinsurance
1. Elevated Steel Water Tank Situated N/S E. Park Ave.,
Edgewater
2. AAA Water Treatment Plant Building Situated
N/S E. Park Ave., Edgewater
3. Machinery and Equipment While Contained in Item #2
4. ICM Pump House 12 Situated Approximately 2 mi. W of
R.R. at Edgewater Well Field
5. ICM Pump House 1 Situated Approximately 2 mi. W of
R.R. at Edgewater Well Field
6. Machinery and Equipment While Contained in Item #4
7. Machinery and Equipment While Contained in Item #5
ProRerty Covered - Sewer System
1. AAA Concrete and Steel Sewage Treatment Plant
Situated W End of Ocean Ave.
2. Pumping Station #3, Situated East End of River-
view Avenue
3. Pumping Station #4, Situated Oakridge and
Drainage Canal
EXHIBIT " X " - Page 1
M
IN S U R A N C E C O V E R A G E
OCTOBER 31, 1966
CITY OF EDGEWATER FLORIDA
SECTION K (1) (2) - CONTINUED
4. Pumping Station #6, Situated 16th and Evergreen
(2) Liability Limits: $100/300,000 Personal Injury and
Property Damage
EXHIBIT " X "
Streets
5.
Pumping Station #7, Situated W End
of Joyce Street
6.
Lift (Pumping) Station
#I, Situated
Indian River
Blvd. and Riverside
7.
Lift (Pumping) Station
#2, Situated
Merrimack
and Riverside
8.
Lift (Pumping) Station
#5, Situated
West Pine
Bluff Street
(2) Liability Limits: $100/300,000 Personal Injury and
Property Damage
EXHIBIT " X "
M
C A S H R E C E I P T S AND D I S B U R S E M E N T S
NOVEMBER 1 1965 to OCTOBER 31 1966
COMMUNITY CENTER FUND
r
i
CITY OF EDGEWATER FLORIDA
Balance as per Audit - November 1, 1965
RECEIPTS
Rents
TOTAL TO BE ACCOUNTED FOR
DISBURSEMENTS
Salaries
Supplies
Utilities
Repairs
Exterminating
Fuel
Payroll Taxes
TOTAL DISBURSEMENTS
BALANCE TO BE ACCOUNTED FOR
ACCOUNTED FOR AS FOLLOWS
First National Bank of New Smyrna Beach
$ 172.60
1,609.59
$ 1,782.19
$ 995.00
63.76
268.66
30.90
113.49
146.05
39.53
1,657.39
$ 124.80
124.80
EXHIBIT " Y "