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FY 1961 Audit Report AUDIT REPORT OCTOBER 31. 1961 .CITY OF EDGEWATER. FLORIDA MAYOR A. Hussey COUNCILMEN Carl A. Siller Stanley A. Seng, Sr. , Henry R. Palmateer George S. Kennedy '" ATTORNEY Dan Warren CITY CLERK Frank F. Dippery ENGINEERS Briley Wild & Assoeiates AUDITORS Genter and Batten .. I N D E X OCTOBER 31. 1961 CITY OF EDGEWATER. FLORIDA DESCRIPTION PAGE EXHIBIT EXHIBIT SCHEDULE SCHEDULE EXHIBIT EXHIB IT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT Certificate 1 Comments 2-9 " A " - Consolidated Balance Sheet 10 " B " - Balance Sheet - General Fund 11 "B-1" - Tax Sale Certificates 12 "B-2" - Fixed Assets - General Fund 13 " C \I - Cash Receipts and Disbursements - General Fund 14-15 " D " - Estimated Revenue - General Fund 16 " E \I - Budget Appropriations - General Fund 17-19 \I F \I _ Consolidated Balance Sheet - All Water Funds - Year Ending October 31, 1961 20 \I G " - Consolidated Balance Sheet - All Water Funds - Year Ending October 31, 1960 21 \I H \I - Balance Sheet - Water System Revenue Fund 22 \I I " - Balance Sheet - Operation, Maintenance and Repair Fund 23 " J \I - Balance Sheet - Water Revenue Certificates Principal and Interest Sinking Fund 24 \I K " - Balance Sheet - Water System Reserve Account 25 " L " - Balance Sheet - Depreciation 26 " M " - Cash Receipts and Disbursements - Water System Revenue Fund 27 " N " - Cash Receipts and Disbursements - Operation, Maintenance and Repair Fund 28 I N D E X OCTOBER 31. 1961 CITY OF EDGEWATER. FLORIDA DESCRIPTION PAGE EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT EXHIBIT " 0 " - Cash Receipts and Disbursements - Water Revenue Certificates Principal and Interest Sinking Fund 29 " P " - Cash Receipts and Disbursements - Water System Reserve Account 30 " Q " - Cash Receipts and Disbursements - Depreciation Fund 31 " R " - Estimated Revenue and Budget Appropriations - Water System Revenue Fund 32 " S " - Estimated Revenue and Budget Appropriations - Operation, Maintenance and Repair Fund 33 " T " - Estimated Revenue and Budget Appropriations - Water Revenue Certificates Principal and Interest Sinking Fund 34 " u " - Estimated Revenue and Budget Appropriations - Water System Reserve Account 35 " V " - Estimated Revenue and Budget Appropriations - Depreciation Fund 36 " W " - Income and Expense - Water Fund 37 " X " - Cash Receipts and Disbursements - Community Center Fund 38 GENTER AND BATTEN CERTIFIED PUBLIC ACCOUNTANTS !laY.. VOLUSIA AVENUE DAYTONA BEACH. FLA. MeMBERS FRANK M. GENTER. C. P. A. ALFRED E. BATTEN. C. P. A. AMERICAN INSTITUTE TELEPHONE CL 2-610' December 6, 1961 AND FLORIDA INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AMERICJlo.N ACCOUf"TING 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, 1961, and the related statements 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 we considered necessary in the circumstances. In our opinion, the accompanying balance sheet and related state- ments of income and surplus fairly present the financial position of the City of Edgewater, Florida, at October 31, 1961, and the results of its operations for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceeding year. Respectfully submitted, GENTER AND BATTEN By orL ;( ~ C.P.A. AEB : nw 2 COMMENTS Our comments on the items in the Consolidated Balance Sheet, Exhibit" A ", follow in the order of their appearance therein: ASS E l' S CASH ON HAND AND IN BANK - $ 60.785.60 Cash on hand was verified by actual count. All bank accounts are in the Bank of New Smyrna, New Smyrna Beach, Florida, and were verified by reconciling the balances shown on the books with those shown on the bank statements and by direct communication with the bank. To guarantee accounts of the City in excess of $ 10,000.00, the bank has placed $ 70,000.00 U. S. Treasury Bonds in escrow as follows: $ 60,000.00 U. S. Treasury Bonds, dated 11/15/61, due 2/15/63 10,000.00 U. S. Treasury Bonds, dated 6/15/58, due 2/15/65 INVEStMENTS - $ 22.056.59 In accordance with the ordinance covering the issuance of the Water Revenue Certificates, the City created the required "Depreciation Fundll and deposited therein $ 18,000.00. This was invested in direct obligations of the United States of America. At present this investment consists of $ 18,000.00 Treasury Notes, due November 15, 1961, bearing interest at the rate of 2 1/2 per cent per annum. This fund was created so that the city will have sufficient money to pay the. cost of necessary, unusual, or extraordinary maintenance, repairs, renewals and replacements to the system which are not included in the annual budget. It may also be used to pay the cost of constructing additions and 3 improvements to the system which will enhance its revenue producing capacity, or to provide a higher degree of service, or to supplement the Sinking Fund should a deficiency arise. U. S. Government Bonds, due May 15, 1966, bearing interest at the rate of 3 3/4 per cent per annum, were purchased in the amount of $ 4,056.59 in the Reserve Account. RECEIVABLES - $ 6.337.12 The outstanding tax sale certificates total $ 791.13. These are for taxes prior to 1951, at which t~e 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. In 1960, the City paved Flagler and Rhode Island Avenues and installed sidewalks and curbs on Park Avenue and assessed the property owners adjoining these improvements a portion of the cost of the paving and all the cost of installing the sidewalks and curbs. The mortgages receivable, in the amount of $ 615.46, represent the balances of two mortgages given to the City by property owners who wished to pay their assessments in install- ments. Both of these mortgages are payable in five annual installments with interest at 6 per cent per annum. The City filed liens in the amount of $ 43.77 for the unpaid balances of the Flagler Avenue paving accounts. During the year the City paved Hardin Place, Indian River. Boulevard, Pa1mway, Francis Drive and West Marian Avenue. The owners of the adjacent properties were assessed for one-third of the cost of paving the streets. The Paving Accounts 4 Receivable are the uncollected assessments due in the amount of $ 2,981.88. The Water Consumers' Accounts Receivable. in the amount of $ 1,799.83, were checked in detail and found to be in balance with the general ledger control. FIXED - $ 633.133.95 The fixed assets represent the capital assets of the City. A reconciliation of the account is as follows: General ~Fund Balance as per Audit - November 1, 1960 $ 202.215.89 Add: Road Machinery: 1962__Chevrolet Dump Truck $3,719.61 Jaeger Mixer - Used - J 150.00 $ 3,869.61 FurnIture and Fixtures: Mailing Machine $ 202.15 Traffic Rug 24.73 Electric Drill 35.95 262.83 Police Department Equipment: 1961 Chevrolet Sedan $1,334.86 Equipment for New 'Car 128.21 1.463.07 Small Tools 36.96 Street Paving 14,933.58 Fire Department Equipment: Hose "$ 948. 15 Truck Equipment 49.79 997.94 Street Signs 111. 13 Library Fixtures 139.43 Community House Improvements 135.00 Community House Equipment: Gas Stove $ 340.00 Electric Roaster 6.00 346.00 Municipal Park and Pier: Shuffleboards 680.00 Communication System; 1 base and 2 mobile units 1.151.42 TOTAL ADDITIONS 24.126.97 TOTAL FIXED - GENERAL FUND - OCTOBER 31, 1961 $ 226,342.86 5 Water Fund Balance as per Audit - Novembet 1, 1960 Add: Line Extensions $ 395.679.44 11.111.65 TOTAL FIXED - WATER FUND - OCTOBER 31, 1961 TOTAL FIXED $ 406.791.09 $ 633,133.95 ~ENTORY OF MATERIALS - $ 1,449.17 This inventory represents material and supplies of the water department on hand at the end of the fiscal year. The inventory was taken by the City employees and accepted by us without detailed verification. METER DEPOSITS - $ 20.00 This deposit is made by the General Fund to the Water Fund to guarantee payment of the water account. L I A B I LIT I E S AND SUR P L U S ACCOUNTS PAYABLE - UNRECORDED - $ 1.603.61 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 position of the City will be reflected by this Audit. PAYROLL TAXES PAYABLE - $ 306.39 The above item represents income and social security taxes withheld from employees wages and is due and payable in January, 1962. METER DEPOSITS - $ 9.406.15 These deposits were made by water consumers to guarantee payment of their accounts. When the accounts are closed and the bills paid, they are 6 refundable to the consumer. WATER REVENUE CERTIFICATES - $ 393.000.00 On March 3, 1958, the City passed a resolution authorizing the issuance of $ 400,000.00 in Water Revenue Certificates. The purpose of the issue was to provide for the acquisition, construction and establish- ment of a municipal water works system. The certificates are dated February 1, 1958, in the denomination of $ 1,000.00 each, numbered consecutively 1 to 400 inclusive. Said revenue certificates shall bear interest at the rate of 4 3/4 per cent per annum or such lesser rate or rates as may be fixed by supplemental resolution or ordinance adopted at the time of the same and award of the certificates, which interest shall be evidenced by coupons attached to said certificates and shall be payable August 1, 1958, and semiannually thereafter on February 1 and August 1, of each year, and said revenue certificates shall be scheduled to become due and payable in numerical order on February 1 of the respective years, as fo llows: MATURITY AMOUNT MATlffi ITY AMOUNT 1962 $ 8,000.00 1976 $ 14,000.00 1963 8,000.00 1977 15,000.00 1964 8,000.00 1978 16,000.00 1965 9,000.00 1979 16 ,000.00 1966 9,000.00 1980 17 ,000.00 1967 10,000.00 1981 18,000.00 1968 10,000.00 1982 19,000.00 1969 10,000.00 1983 20,000.00 1970 11,000.00 1984 21,000.00 1971 11,000.00 1985 22,000.00 1972 12 , 000.00 1986 23,000.00 1973 12,000.00 1987 23,000.00 1974 13 , 000 . 00 1988 24.000.00 1975 14,000.00 TOTAL $ 393,000.00 7 Provided, however, that said revenue certificates numbered 41 to 400, inclusive, from time to time outstanding, shall be subject to redemption by said City prior to maturity in whole, or in part in inverse numerical order on any interest payment date on or after February 1, 1965, upon terms of par and accrued interest plus a redemption premium in an amount equal to one-quarter of one per cent of the principal amount thereof for each year or fraction thereof to elapse between the date fixed for such redemption and the final maturity date of the respectiye certificates, but with a maximum redeUlption premium of an amount equal to 4 per cent of such princi- pal amount. Both principal and interest shall be payable at the main office of the Bank of New Smyrna, in the City of New Smyrna Beach, Florida, or, at the option of the holders of the respective certificates, at the main office of the Chase Manhattan Bank, in the City of New York, New York. During the current year, the City retired bonds 1 thru 7. LINE EXTENSION AGREEMENT DEPOSIT - $ 60.00 This account represents a deposit received to cover the cost of extending a water main, inside the city limits, to an individual customer. In accordance with Ordinance No. 289, such deposits will be required for all water main extensions over 100 feet in length. Such deposits will be refundable at the rate of twenty per cent (20%) of the annual water billing for the extension until said deposit has been refunded in full, but not to exceed five years for an individual, or ten years for a subdivision. All the water distribution systems and appurtenances thereto shall be and remain the property of the city. Ordinance No. 288 requires such deposits for all extensions outside the city limits, also. However, these deposits are not refundable. 8 SURPLUS - $ 319,406.28 The surplus represents the excess of the City's assets over the City's liabilities as shown on the balance sheet. G ENE R A L Exhibit" D ", the Estimated Revenue Statement of the General Fund shows revenue was estimated at $ 93,989.44 while collections totaled $ 113,529.56, including $ 14,000.00 appropriated surplus, or collections in excess of estUnate of $ 19,540.12. The Budget Appropriations Statement of the General Fund, Exhibit" E ", shows budgeted expenditures of $ 98,269.00, actual expenditures of $ 96,020.53, or an unexpended balance of $ 2,248.47. The Income and Expense Statement of the Water Fund, Exhibit" W ", reveals total income from operations of $ 38,415.05, operating expenses of $ 14,947.86, or net income from operations of $ 23,467.19. Utility taxes in the amount of $ 19,152.11 were deposited in the Water Revenue Fund in accordance with the Ordinance covering the issuance of the certificates. The City has 901 water meters in operation at this time. 3/4 - inch meters 883 1 - inch meters 15 1 1/2 - inch meters 1 2 - inch meters 2 TOTAL 901 The General Fund has 68 fire hydrants for which it is paying the Water Fund $ 50.00 each per year. Insurance coverage on the Water Fund plant and equipment is as follows: Insuror: Agent: Policy Number: Period: Coverage: J Property Covered: Amount $ 26,000.00 9,250.00 26,000.00 400.00 500.00 2,000.00 _ 3 , 000.. 00 9 The Home Insurance Company Toxey Whitaker, New Smyrna Beach, Florida 1212 ...... ... August 18, 1961 to August 18, 1962 Fire, Lightning, Extended Coverage, Vandalism arid Malicious Mischief DescriPtion On elevated steel water tank situated N/S E. Park Avenue, Edgewater, Florida On AAA water treatment plant building situated N/S E. Park Avenue, Edgewater, Florida Machinery and equipment while contained in water treatment plant. lCM Pump House No.1, situated approximately 2 miles west of railroad at Edgewater well field. lCM Pump House No.2, situated approximately 2 miles west of railroad at Edgewater well field. Machinery and equipment while contained in Pump House No.1. Machinery and equipment while contained in Pump House No.2. All funds required by the ordinance covering the issuance of the certificates have been opened and are being maintained in accordance therewith. Examination of the police docket and duplicate traffic tickets reveals that numerous items are missing and unaccounted for. Our examination, at the present time has not been completed. An additional report will be . submitted at a later date. CON SOL I D ATE DBA LAN C E SHE E T OCTOBER 31. 1961 CITY OF EDGEWATER. FLORIDA A S'S E T S CASH ON HAND AND IN BANK Petty Cash Cash on Hand Bank 0 f New Smyrna: General Fund $ Revenue Fund Operation, Maintenance and Repair Fund Sinking Fund Reserve Account Depreciation Fund 20, 217 . 14 14,446.80 2,125.22 19,664.12 3,643.41 113 . 00 INVESTMENTS Depreciation Fund - U. S. Treasury Notes Reserve Account - Government Bonds RECEIVABLES General Fund: . Tax Sale Certificates Lot Cleaning Liens Paving Liens Paving Accounts Receivable Mortgages Receivable Water Consumers' Accounts Receivable $ 791.13 105.05 43.77 2,981. 88 615.46 $ FIXED General Fund - Schedule "B-2" Water Fund - Exhibit "H" INVENTORY OF MATERIALS - WATER FUND METER DEPOSIT $ 10.00 565.91 60,785.60 22,056.59 6 , 337 . 12 633,133.95 1,449.17 20.00 TOTAL ASSETS $ 723,782.43 60.209.69 $ $ 18,000.00 4.056.59 4,537.29 1. 799. 83 $ 226,342.86 406.791. 09 10 L I A B I LIT I E S AND SUR P L U S ACCOUNTS PAYABLE - UNRECORDED $ 1,603.61 PAYROLL TAXES PAYABLE 306.39 METER DEPOSITS 9,406.15 WATER REVENUE CERTIFICATES 393,000.00 LINE EXTENSION AGREEMENT DEPOSIT 60.00 SURPLUS 319,406.28 TOTAL LIABILITIES AND SURPLUS $ 723,782.43 EXHIBIT II A II 11 B A LAN C E SHE E T OCTOBER 31. 1961 GENERAL FUND CITY OF EDGEWATER. FLORIDA ASS E T S CASH ON HAND AND IN BANK Petty Cash $ 10.00 Cash on Hand 312.71 Bank of New Smyrna 20.217.14 $ 20,539.85 F-ECEIVABLES Tax Sale Certificates (Schedule liB-I") $ 791.13 Lot Cleaning Liens 105.05 Paving Liens 43. 77 Paving Accounts Receivable 2,981.88 Mortgages Receivable: D. W. Garrell $ 288.00 Poland and Broga 327.46 615.46 Transfers - Water Fund 2.126.75 6,664.04 FIXED - (SCHEDULE "B-2") 226,342.86 METER DEPOSIT 20.00 TOTAL ASSETS $ 253,566.75 L I A B 1 LIT I E S AND SUR P L U S ACCOUNTS PAYABLE - UNRECORDED $ 1,368.13 SOCIAL SECURITY TAX PAYABLE 94.03 WITHHOLDING TAX PAYABLE 158.36 SURPLUS Surplus - November 1, 1960 $ 220,682.01 Add: Excess of Collections over Expenditures $ 3,509.03 Fixed Assets Acquired 24,126.97 Payments on G.M.A.C. Contracts 1,467.16 Recorded Accounts Receivable 3,025.65 1960 Accounts Payable 2.484.19 34.613.00 $ 255,295.01 Deduct: 1961 Accounts Payable $ 1,368.13 Mortgage Payments Received 153.86 Payments on Recorded Accounts Rece 1 vab Ie 466.23 Transfer from Water Fund 1.360.56 3.348.78 PRESENT SURPLUS 251. 946.23 TOTAL LIAB ILITIES AND SURPLUS $ 253,566.75 EXHIBIT "B" 12 T A X S ALE C E R T I F I CAT E S OCTOBER 31. 1961 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 TOTAL $ 791. 13 SCHEDULE "B-l" 13 F I XED ASS E T S OCTOBER 31. 1961 GENERAL FUND CITY OF EDGEWATER. FLORIDA ITEM AMOUNT $ 38,588.63 21,123.95 7,252.63 80.00 22,141. 60 4,170.44 67,676.42 3,797.00 111.55 8,402.72 66.96 16,726.84 790.97 5,000.00 1,325.58 17,984.82 6,915.53 2,171.44 664.36 1.351.42 $ 226,342.86 ROAD MACHINERY NEW CITY HALL FURNITURE AND FlX'I'URES MAPS REAL ESTATE SHELL STREETS STREET PAVING STRAND ROAD FILL TMFFIC LIGHTS POLICE DEPARIHENT SMALL TOOLS FIRE DEPAR'1'MENT STREET SIGNS LIBRARY AND CHAMBER OF COMMERCE LIBRARY FIXTURES CO!1MUNITY HOUSE ro~ITY HOUSE EOOIPMENT MUNICIPAL PARK AND PIER PICNIC AREA COMMUNICATIONS SYSTEM TOTAL SCHEDULE "B-2" 14 CAS H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 GENERAL FU.!ill. CITY OF EDGEWATER. FLORIDA Balance as per Audit - November I, 1960 RECEIPTS Current Taxes Business Licenses Building Permits Electric Permits Plumbing Permits Occupational Permits Beer, Wine and Liquor Licenses Fines and Forfeitures Cigarette Tax Dog Tags Garbage and Trash Collections Lot Cleaning Franchise Taxes Paving Special Library Appropriation - County Less: Books Purchased Truck and Bookkeeping Machine Payments Miscellaneous Income Examination Fees - Contractors Licenses Sidewalk and Curb Mortgage Principal Interest on Sidewalk and Curb Mortgages Payroll Taxa. Collected Less: Payroll Taxes Paid TOTAL RECEIPTS TOTAL TO BE ACCOUNTED FOR EXHIBIT II C II - PAGE 1 $ 16,995.16 15 CAS H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 GENERAL FUND CITY OF EDGEWATER. FLORIDA DISBURSEMENTS Department of General Government Department of Streets Street Lights Police Department Fire Department Library Communications Equipment Payments on Water Department Truck School Advertisement Childrens Christmas Party Railway Culvert Permit Oil Painting Volusia County Police Academy Volusia County Civil Defense Drain Pipe - Railway Culvert July 4th Fireworks Chamber of Commerce Dues Cleaning Florida Shores' Ditches Humane Society Youth Recreation - Ball Field Water Line TOTAL DISBURSEMENTS BALANCE TO BE ACCOUNTED FOR ACCOUNTED FOR AS FOLLOWS Petty Cash Cash on Hand Bank of New Smyrna $ 10.00 312.71 20.217 .14 EXHIBIT " C " 20,539.85 16 EST I MAT E D R E_V E N U E NOVEMBER 1. 1960 to OCTOBER 31. 1961 GENERAL FUND CITY OF EDGEWATER. FWRIDA ESTIMATED Business Licenses COLLECTED UNCOu.ECTED OVERCOLLECTED* $ 5,000.00 $ 6,167.25 $ 1,167.25* $ 93,989.44 $ 113,529.56 $ $ 113,529.56 14.000.00 $ 99,529.56 96.020.53 $ 3,509.03 Building Permits 1, 971.00 Electric Permits 1,139.32 693.00 Plumbing Permits Beer, Wine and Liquor Licenses 1,600.00 Fines and Forfeitures 4,050.00 6,981.74 Cigarette Taxes Dog Tags 12 7.25 Garbage and Trash Collections 9,000.00 Lot Cleaning 300.00 Franchise Tax 11,620.68 Occupational Permits 500.00 Paving 6,000.00 Miscellaneous 1,500.00 Current Taxes 29,506.45 14.000.00 Appropriated Surplus TOTALS TOTALS COu.ECTIONS DEDUCT: APPROPRIATED SURPLUS NET COLLECTIONS TOTAL EXPENDI'1'1JRES - EXHIBIT "E" NET COLLECTIONS IN EXCESS OF EXPENDIWRES EXHIBIT " D " 1,530.00 441.00 908.20 231.12 453.00 240.00 267.50* 1,867.50 3,080.50 969.50 7,735.87 754.13* 127.25 -0- 10,861.10 517.50 1,861.10* 217.50* 12,823.25 1,202.57* 340.00 160.00 6,019.84 19.84* 1,977 .66 477 . 66* 45,120.64 15,614.19* 14.000.00 -0- 19,540.12* BUD GET A P PRO P R I A T ION 5 NOVEMBER 1. 1960 to OCTOBER 31. 1961 GENERAL, FUND CITY OF EDGEWATER. FlDRIDA ORIGINAL APPROPRIATION GENERAL GOVERNMENT Mayor, Judge and Council Salaries Clerk's Salary ,Dep~~y Clerk's Salary Attorney Fees !!:lections Office Expense Miscellaneous Auditor ..Insurance Inspection Fees, Gas and Janitor Upkeep - City Hall Social Security Petty.Cash TOTALS $ 2,200.00 2,700.00 2,580.00 1,000.00 300.00 1,000.00 1,000.00 350.00 3,120.00 2,140.00 900.00 1,250.00 75.00 $ 18,615.00 STREET DEPARTMEN1 Garba2e and Trash: Salaries Truck and Tractor Expense Repairs New Equipment Miscellaneous and Dump Maintenance $ 8,000.00 1,000.00 300.00 500.00 300.00 Road Maintenance: . Salaries" Truck.and Tractor Expense Repairs . New Equipment Miscellaneous 4,800.00 800.00 300.00 500.00. 300.00 17 ORDINANCE 11283 AMENDED APPROPRIATION EXPENDED UNEXPENDED OVEREXPENDED* $ 2,200.00 $, _ "2 ,400. 00 $ 200.00* 2,700.00 2,700.00 -0-" 2,580.00 2,580.00 -0- 1,000.00 790.00 210.00 300.00 90.50 209.50 1,000.00 1,867.50 867.50* 1,000.00 505.82 494.18 350.00 250.00 100.00 $ 2,500.00 5,620.00 5,363.54 256.46 2,140.00 1,745.13 394.87 900.00 776.06 123.94 1,250.00 1,145.58 104.42 75.00 -0- 75.00 . . . .",.. $ 2,500.00 $ 21, 115 . 00 $ 20,214.13 $ 900.87 $ 500.00 $ 8,500.00 $ 8,537.64 $ 37.64* 500.00 1,500.00 1,528.59 28.59* 500.00 800.00 422.89 377.11 1,000.00 1,500.00 1,065.40 434.60 500.00 800.00 431. 32 368.68 5,000.00 9,800.00 9,556.58 243.42 1,000.00 1,800.00 1,730.88 69.12 500.00 800.00 731. 56 68.44 3,500.00 4,000.00 4,017.70 17.70* 300.00 1,048.59 748.59* EXHIBIT " E " - PAGE 1 BUD GET A P PRO P R I A T ION S '.,. (., NOVEMBER 1. 1960 to OCTOBER 31. 1960 GENERAL FUND CITY OF EDGEWATER. FLORIDA ORIGINAL APPROPRIATION STREET DEPARTMENT. Continued Street Paving and Improvements: Material S~rvey Miscellaneous TOTALS $ 8,000.00 500.00 200.00 200.00 200.00 . 100.00 500.00 1,500.00 500.00 $ 28,500..00 Mosquito Control: Salaries .Tractor Expense Misce 11aneous Park Maintenance: Material Salaries Miscellaneous STREET LIGHTS $ 6,000.00 POLICE DEPARTMENT Salaries - Chief $ 4,800.00 Salaries - Other 3,150.00 Gas, Oil and Repairs 1,200. 00 Supp lies 350.00 Telephone 200.00 Radio Service 100.00 Mis ce llaneous 200.00 Prisoner Fees 100.00 Equipment 1. 500. 00 TOTALS $ 11,600.00 18 ORDINANCE inS3 AMEMDED APPROPRIATION EXPENDED UNEXPENDED OVEREXPENDED* $ 6,000.00 $ 5,866.78 $ 133.22 $ 4,800.00 $ 4,800.00 $ -0- 3,150.00 3,144.00 6.00 1 , 200. 00 1,491.90 291. 90* 350.00 297.20 52.80 200.00 166.73 33.27 100.00 220.85 120.85* 200.00 15.92 184.08 100.00 66.00 34.00 1. 500. 00 1.463.07 36.93 $ 11,600.00 $ 11,665.67 $ 65.67* EXHIBIT " E " - PAGE 2 BUD GET A P PRO P R I A T ION S NOVEMBER I, 1960 to OCTOBER 31. 19~ GENERAL FUND CITY OF EDGEWATER. FLORIDA ORIGINAL APPROPRIATION FIRE DEPARTMENT Salaries $ 2,500.00 Fire Hydrants 3,200.00 Donations 200.00 Truck Expense 350.00 New Equipment 1,500.00 Telephone 80.00 Lights 125.00 Miscellaneous 200.00 ToTALS $ 8,155.00 LIBRARY Salary $ 800.00 Books 400.00 Mi.scellaneous 400.00 TOTALS $ 1,600.00 EMERGENCY AND CONTINGENCIES $ 19,519.00 GRAND TOTALS $ 93,989.00 19 ORDINANCE 11283 AMENDED APPROPRIATION EXPENDED UNEXPENDED OVEREXPENDED* ($ 2,500.00) $ -0- $ -0- $ -0- 3,200.00 3,275.00 75.00* 200.00 200.00 -0- 350.00 266.96 83.04 1,500.00 997.94 502 . 06 80.00 83.34 3.34* 125 . 00 130.88 5.88* 200.00 473.72 273.72* ($ 2,500.00) $ 5,655.00 $ 5 , 42 7 . 84 $ 227. 16 $ 600.00 $ 1,400.00 $ 1,370.00 $ 30.00 200.00 600.00 634.43 34.43* 400.00 347 . 11 52.89 $ 800.00 $ 2,400.00 $ 2,351. 54 $ 48.46 ($ 14,120.00) $ 5,399.00 $ 4,957.12 $ 441. 88 $ 4,280.00 $ 98,269.00 $ 96,020.53 $ 2,248.47 EXHIBIT " E " 20 CON SOL I D ATE DBA LAN C E SHE E T OCTOBER 31. 1961 ALL WATER FUNDS CITY OF EDGEWATER. FLORIDA ASS E T S CASH ON HAND AND IN BANK Cash on Hand BANK OF NEW SMYRNA Revenue Fund Operation, Maintenance and Repair Fund Sinking Fund Reserve Account Depreciation Fund WATER CONSUMERS' ACCOUNTS RECEIVABLE INVESTMENTS U. S. Treasury Notes - Exhibit "L" U. S. Government Bonds - Exhibit "K" FIXED - EXHIBIT "H" INVENTORY OF MATERIALS TOTAL ASSETS $ 14,446.80 2,125.22 19,664.12 3,643.41 113. 00 $ 253.20 39.992.55 $ 40,245.75 1,799.83 $ 18,000.00 4.056.59 22,056.59 406,791.09 1.449.11 $ 472,342.43 L I A B I LIT I E SANDS U R P L U S ACCOUNTS PAYABLE - UNRECORDED PAYROLL TAXES PAYABLE METER DEPOSITS WATER REVENUE CERTIFICATES TRANSFERS - GENERAL FUND LINE EXTENSION AGREEMENT DEPOSIT SURPLUS Surplus - November 1, 1960 Add: 1960 Accounts P ayab 1e Old Outstanding Checks Old Meter Deposits Net Income over Expense $ 52.00 16.50 12.25 24.275.39 Deduct: 1961 Accounts Payable PRESENT SURPLUS TOTAL LIAB ILITIES AND SURPLUS EXHIB IT II F II $ 43,339.39 24.356.14 $ 67,695.53 235.48 $ 235.48 54.00 9,406.15 393,000.00 2,126.75 60.00 67.460.05 $ 472,342.43 21 CON SOL I D ATE DBA LAN C E SHE E T OCTOBER 31. 1960 ALL WATER FUNDS CITY OF EDGEWATER. FLORIDA ASS E T S CASH ON lL~ AND IN BANK Cash on Hand Bank of New Smyrna: Revenue Fund Operation, Maintenance and Repair Fund Sinking Fund Reserve Fund $ 329.57 $ 13 , 77 7 . 30 WATER CONSUMERS r ACCOUNTS RECEIVABLE u. S. CERTIFICATES OF INDEBTEDNESS 3,029.35 18,225.98 3.500.00 38.532.63 $ 38,862.20 1,311.45 18,000.00 FIXED - (EXHIBIT "H") INVENTORY OF MATERIALS TOTAL ASSETS 395,679.44 2.042.90 $ 455,895.99 L I A B I L IT~ I E S ~ND SUR P L U S ACCOUNTS PAYABLE - UNRECORDED P AD.OLL TAXES PAYABLE METER DEPOSITS WATER REVENUE CERTIFICATES TRANSFERS - GENERAL FUND SURPLUS Surplus - November 1, 1959 Add: 1959 Accounts Payable Net Income over Expense Credit given for Previous Years Year's Rents on Purchase of Assets $ 52.00 68.99 8,948.30 400,000.00 3,487.31 $ 21,218.18 $ 126.98 20,646.23 1.400.00 22.173.21 $ 43,391.39 52.00 Deduct: 1960 Accounts Payable PRESENT SURPLUS 43.339.39 $ 455,895.99 TOTAL LIABILITIES AND SURPLUS EXHIBIT " G " B A LAN C E SHE E T OCTOBER 31. 1961 WATER SYSTEM REVENUE FUND CITY OF EDGEWATER. FLORIDA ASS E T S CASH ON HAND AND IN BANKS 22 Cash on Hand Bank of New Smyrna $ 253.20 14.446.80 $ 14,700.00 WATER CONSUMERS t ACCOUNTS RECEIVABLE FIXED Water Plant and Distribution System Line Extensions Equipment Bookkeeping Machine 1959 Chevrolet Truck INVENTORY OF MATERIAl. TOTAL ASSETS. $ 380,094.80 20,649.51 886.22 2,750.00 2.410.56 L I A B I LIT I E S AND SUR P L U S METER DEPOSITS WATER REVENUE CERTIFICATES TRANSFERS - GENERAL FUND LINE EXTENSION AGREEMENT DEPOSIT SURPUJS TOTAL LIABILITIES AND SURPLUS EXHIBIT " H " 1,799.83 406,791.09 1.449.17 $ 424,740.09 $ 9,406.15 393,000.00 2,126.75 60.00 20.147.19 $ 424,740.09 CASH IN BANK Bank of New Smyrna BALANCE SHEET OCTOBER 31. 1961 OPERATION. MAINTENANCE AND REPAIR FUND CITY OF EDGEWATER. FLORIDA ASS E T S TOTAL ASSETS L I A B I L ! TIE S AND SUR P L U S ACCOUNTS PAYABLE - UNRECORDED PAYROLL TAXES PAYABLE SURPLUS TOTAL LIABILITIES AND SURPLUS EXHIB IT II I II 23 $ 2 , 125.22 $ 2,125.22 $ 235.48 54.00 1,835.74 $ 2,125.22 B A LAN C E SHE E T OCTOBER 31. 1961 24 WATER REVENUE CERTIFICATES PRINCIPAL AND INTEREST SINKING FUND I CITY OF EDGEWATER. FlDRIDA ASS E T S CASH IN BANK Bank of New Smyrna LIABILITIES SURPLUS TOTAL ASSETS L I A B I LIT I E SANDS U R P L U S TOTAL LIAB ILlTIES AND SURPWS EXHIBIT " J " $ 19,664.12 $ 19,664.12 -0- $ 19,664.12 $ 19,664.12 BALANCE SHEET OCTOBER 31. 1961 WATER SYSTEM RESERVE ACCOUNT CITY OF EDGEWATER t FLORIDA ASS E T S CASH IN BANK Bank of New Smyrna INVESTMENT U. S. Government Bonds TOTAL ASSETS L I A B I LIT I E S AND SUR P L U S LIABILITIES SURPWS TOTAL LIABILITIES AND SURPLUS EXHIBIT II K II 25 $ 3,643.41 4.056.59 $ 7,700.00 -0- $ 7.700.00 $ 7,700.00 CASH IN BANK Bank of New Smyrna U. S. TREASURY NOTES TOTAL ASSETS BALANCE SHEET OCTOBER 31. 1961 PEPRECIATION FUND CITY OF EDGEWATER. FLORIDA ASS E T S L I A B I L lOT I E SANDS U R P L U S LIABILITIES SURPWS TOTAL LIABILITIES AND SURPLUS EXHIBIT " L " 26 $ 113 . 00 18,000.00 $ 18,113.00 -0- $ 18,113.00 $ 18,113.00 27 CASH RECEIPTS AND DISBURSEMENTS NOVEMBER 1. 1960 to OCTOBER 31. 1961 WATER SYSTEM REVENUE FUND CITY OF EDGEWATER. FLORIDA Balance as per Audit - November 1, 1960 RECEIPTS Accounts Receivable Meter Deposits Less: Refunds Connection Charges Service Charges Utility Taxes Hydrant Rentals Miscellaneous Net Interest on Treasury Notes Write off Old Outstanding Checks $ 1 , 677 . 85 1,207.75 TOTAL RECEIPTS TOTAL TO BE ACCOUNTED FOR DISBURSEMENTS Transfer to Reserve Account Transfer to Sinking Fund Transfer to Operation and Maintenance Fund Less: Noncash Transfer Transfer to Depreciation Fund $ 19,643.93 643.93 TOTAL DISBURSEMENTS BALANCE TO BE ACCOUNTED FOR ACCOUNTED FOR AS FOLLOWS Cash on Hand Bank 0 f New Smyrna EXHIBIT " M " $ 31, 372 . 52 470.10 2,608.05 650.00 19, 152 . 11 3,275.00 30.90 489.84 16.50 $ 4,200.00 27 , 2 71. 89 19,000.00 7,000.00 $ 253.20 14.446.80 $ 14,106.87 58.065.02 $ 72,171.89 57.471.89 $ 14,700.00 14,700.00 28 CAS H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 OPERATION. MAINTENANCE AND REPAIR FUND CITY OF EDGEWATER. FLORIDA Balance as per Audit - November 1, 1960 $ 3,029.35 RECEIPTS Transfer from Revenue Fund $ 19,643.93 Less: Noncash Transfer 643.93 19.000.00 TOTAL TO BE ACCOUNTED FOR $ 22,029.35 DISBURSEMENTS Salaries and Wages $ 7,942.61 Social Security Expense 261. 77 Power 1,936.03 Chemicals 394.66 Supp lies 962.56 Truck Expense 508.25 Repairs and Replacement 579.90 Telephone 200.85 Printing, Office Supplies and Postage 440.23 Professional Services 300.00 Service Contracts 586.00 Miscellaneous Expense 30.57 Insurance 179.37 Line Extensions - Labor and Materials 4,205.78 Payments on Equipment 1,360.56 Payroll Taxes Paid $ 855.02 Less: Taxes Collected 840.03 14.99 TOTAL DISBURSEMENTS 19.904.13 BALANCE TO BE ACCOUNTED FOR $ 2,125.22 ACCOUNTED FOR AS FOLLOWS Bank of New Smyrna 2,125.22 EXHIBIT " N " 29 CAS H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 WATER REVENUE CERTIFICATES PRINCIPAL AND INTEREST SINKING FORD CITY OF EDGEWATER. FLORIDA Balance as per Audit - November 1t 1960 RECEIPTS Transfer from Revenue Fund TOTAL TO BE ACCOUNTED FOR DISBURSEMENTS Interest Bonds Retired TOTAL DISBURSEMENTS BALANCE TO BE ACCOUNTED FOR ACCOUNTED FOR AS FOLLOWS Bank of New Smyrna EXHIB IT " 0 " $ 18,833.75 7.000.00 $ 18t225.98 27.271.89 $ 45,497.87 25.833.75 $ 19,664.12 19,664.12 30 CAS' .H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 WATER SYSTEM RESERVE ACCOUNT CITY. OF EDGEWATER. FLORIDA Balance as per Audit - November 1, 1960 $ 3,500.00 ~ECEIPTS Transferred from Revenue Fund 4.200.00 TOTAL TO BE ACCOUNTED FOR $ 7,700.00 DISBURSEMENTS U. S. Government Bonds 4.056.59 BALANCE TO BE ACCOUNTED FOR $ 3,643.41 ACCO~ED FOR AS FOLLOWS Bank of New Smyrna 3,643.41 Interest in the amount of $ 75.00 was received and deposited in the Water System Revenue Fund. EXHIBIT " P " 31 CAS H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 DEPRECIATION FUND CITY OF EDGEWATER. FLORIDA Balance as per Audit - November 1, 1960 RECEIPTS Transferred from Revenue Fund TOTAL TO BE ACCOUNTED FOR DISBURSEMENTS Purchase of U. S. Treasury Notes Capital Improvement TOTAL DISBURSEMENTS BALANCE TO BE ACCOUNTED FOR ACCOUNTED FOR AS FOLLOWS Bank of New Smyrna Interest in the amount of $ 541.13 was received and deposited in the Water System Revenue Fund. EXHIBIT " Q II $ 18,000.00 6.887.00 -0- ~ 25.000.00 $ 25,000.00 24.887.00 $ 113 . 00 113. 00 32 EST I M A T.E D REV E N U E NOVEMBER 1, 1960 to OCTOBER 31, 1961 WATER SYSTEM REVENUE FUND CITY OF EDGEWATER. FLORIDA ESTIMATED UNCOLLECTED COLLECTED OVERCOLLECTED* TOTALS $ 27 , 615 . 00 $ 31,372.52 $ 3,757.52* 1,738.00 2,608.05 870.05* 700.00 650.00 50.00 3,150.00 3,275 . 00 125. 00* 18,839.00 19,152.11 313.11* 940.00 647.03 292.97 $ 52,982.00 $ 57,704.71 $ 4,722.71* Water Sales Connection Charges Service Charges Hydrant Rental Utility Taxes Miscellaneous BUD GET A P PRO P R I A T ION S NOVEMBER 1. 1960 to OCTOBER 31. 1961 WATER SYSTEM REVENUE FUND CITY OF EDGEWATER. FLORIDA APPROPRIATED EXPENDED UNEXPENDED OVEREXPENDED* Operation, Maintenance and Repair Fund ** $ 19,022.00 $ 19,000.00 $ 22.00 Principal and Interest Sinking Fund 26,000.00 27 ,271. 89 1,271.89* Reserve Account 4,200.00 4,200.00 -0- Depreciation Fund 6.260.00 7.000.00 740.00* TOTALS $ 55,482.00 $ 57,471.89 $ 1,989.89* **Note: Ordinance No. 282 amended Oridinance No. 273 by increasing the appropriation by the amount of $ 2,500.00, from $ 16,522.00 to $ 19,022.00. EXHIBIT II R I' 33 EST I MAt E D REV EN U E ~ER 1, 1960 to OCTOBER 31. 1961 OPERATION. MAINTENANCE AND REPAIR FUND CITY OF EDGEWATER. FLORIDA ESTIMATED COLLECTED UNCOLLECTED OVERCOLLECTED* Transfer from Revenue Fund. $ 19,022.00 $ 19,000.00 $ 22.00 BUD GET APPROPRIAT ION S NOVEMBER 1 , 1960 to OCTOBER 31. 1961 OPERATION... MAINTENANCE AND REPAIR FUND CITY OF EDGEWATER , FLORIDA UNEXPENDED APPROPRIATED EXPENDED OVEREXPENDED* Salaries and Wages $ 8,600.00 $ 7,942.61 $ 657.39 Line Extension - Salaries -0- 629,11 629.11* Payroll Taxes 250.00 242.90 7.10 Line Extension - Payroll Taxes -0- 18.87 18.87* Materials 525.00 579.90 54.90* Line Extension - Materials 3,500.00 3,576.67 76.67* Payments on Equipment 1,400.00 1,360.56 39.44 Power 1,865.00 1,936.03 71.03* Chemicals 400.00 394.66 5.34 Supplies 1,000.00 962.56 37.44 Truck Expense 382.00 508.25 126.25* Telephone 200.00 200.85 .85* Printing and Office 100.00 140.23 40.23* Postage 225.00 300.00 75.00* Auditing 300.00 300.00 -0- Insurance 175.00 179.37 4.37* Miscellaneous 100.00 616.57 516.57* TOTALS $ 19,022.00 $ 19,889.14 $ 867.14* EXHIBIT II S II 34 ESTIMATED REVENUE NOVEMBER 1. 1960 to OCTOBER 31. 1961 WATER REVENUE CERTIFICATES PRINCIPAL AND INTEREST SINKING FUND CITY OF EDGEWATER. FLORIDA ESTIMATED COLLECTED UNCOLLECTED OVERCOLLECTED* Transferred from Revenue Fund $ 26,000.00 $ 27,271.89 $ 1,271. 89* BUD GET A P PRO P R I A T ION S NOVEMBER 1, 1960 to OCTOBER 31. 1961 WATER REVENUE CERTIFICATES PRINCIPAL AND INTEREST SINKING FUND CITY OF EDGEWATER. FLORIDA APPROPRIATED EXPENDED UNEXPENDED OVEREXPENDED* Interest $ 19,000.00 $ 18,833.75 $ 166.25 Principal TOTALS 7.000.00 7.000.00 $ 26,000.00 $ 25,833.75 $ -0- 166.25 EXHIBIT " T " 35 EST I M A.T E D R E V_E N U E NOVF21BER 1, 1960 to OCTOBER 31, 1961 WATER SYSTEM RESERVE ACCOUNT CITY OF. EDGEWATER. FLORIDA ESTIMATED COLLECTED UNCOLLECTED OVERCOLLECTED* Transferred from Revenue Fund $ 4>>200.00 $ 4,200.00 $ -0- BUD GET A P PRO P R I A T ION S NOVEMBER 1. 1960 to OCTOBER 31, 1961 WATER SYSTEM RESERVE ACCOUNT CITY OF EDGEWATER. FLORIDA APPROPRIATED EXPENDED UNEXPENDED OVEREXPENDED* U. S. Government Bonds $ 4,200.00 $ 4,056.59 $ 143.41 EXHIB IT " U " 36 EST I MAT E D REV E N U E NOV~ER 1. 1960 to OCTOBER 31, 1961 DEPRECIATION FUND CITY OF EDGEWATER. FLORIDA ESTIMATED COLLECTED UNCOLLECTED OVERCOLLECTED* Transferred from Revenue Fund $ 6,260.00 $ 7,000.00 $ 740.00* BUD GET A P PRO P R I A T ION S NOVEMBER 1, 1960 to OCTOBER 31, 1961 DEPRECIATION FUND CITY OF EDGEWATER. FLORIDA APPROPRIATED EXPENDED UNEXPENDED OVEREXPENDED* Capital Improvements $ 6.260.00 $ 6.887.00 $ 627.00* EXHIBIT II V II INCOME AND EX]ENSE ~EMBER 1, 1960 to OCTOBER 31, 1961 WATER FUND CITY OF EDGEWATER. FLORIDA INCOME Water Sales Connection Charges Service Charges Hydrant Rental Miscellaneous Income TOTAL INCOME EXPENSE Salaries and Wages Payroll Taxes Power Chemicals Supplies Truck Expense Repair and Replacement Telephone Printing, Office Supplies and Postage Professional Services Insurance Bad Debts Miscellaneous Service Contracts TOTAL EXPENSE NET INCOME FROM OPERATIONS OTHER INCOME AND EXPENSES Utility Taxes Interest on U. S. Treasury Notes Less: Interest Paid on Purchases TOTAL OTHER INCOME Deduct: Interest on Revenue Certificates NET OTHER INCOME NET INCOME $ 31,911.10 2,548.05 650.00 3,275.00 30.90 $ 7,942.61 242.90 1,936.03 394.66 1,556.29 508.25 579.90 200.85 440.23 300.00 179 . 37 50.20 30.57 586.00 $ 19, 152. 11 $ 616.13 126.29 489.84 $ 19,641.95 18,833.75 EXHIBIT " W II 37 $ 38,415.05 14.947.86 $ 23,467.19 808.20 $ 24,275.39 38 CAS H R E C E I P T S AND D I S BUR S E MEN T S NOVEMBER 1. 1960 to OCTOBER 31. 1961 COMMUNITY CENTER FUND CITY OF EDGEWATER. FLORIDA Balance as per Audit - October 31, 1960 RECEIPTS Rents Games, etc. Refunded Service Charges $ 435.60 2 ,214. 97 3.57 TOTAL RECEIPTS TOTAL TO BE ACCOUNTED FOR DISBURSEMENTS Recreation, Chain Link Fence Advertising Water Electric Custodian and Social Security Donation - New Smyrna Beach Band Building Maintenance New Equipment Piano Repairs Parties Heat Supp lies Shuffle Courts Fire Protection Donation - American Legion Post 285 - For Flags Trees - Chamber of Commerce Building Improvements Building Repairs Bank Service Charges $ 35.00 100.00 54.85 95.28 988.80 25.00 228.88 346.00 21.25 25.00 162.50 60.19 680.00 2.50 250.00 50.00 135.00 152 . 32 3.10 TOTAL DISBURSEMENTS BALANCE TO BE ACCOUNTED FOR ACCOUNTED FOR AS FOLLOWS Cash on Hand Bank of New Smyrna $ 3.91 660.07 EXHIBIT II X 11 $ 1,425.51 2 . 654. 14 $ 4,079.65 $ 3.415.61 663.98 663.98 ~ {, " SUP P L E MEN T !Q. AUDIT REPORT OCTOBER 31. 1961 CITY OF EDGEWATER.. FLORIDA .' I \. GENTER AND BATTEN CERTIFIED PUBLIC ACCOUNTANTS 1181-2 VOI...USIA AVENUE DAYTONA BEACH. FLA. ~ FRANK M. GENTER. C. P.A. AI...FRED E. BATTEN. C. P. A. January 8, 1962 Me-MBERS AMERICAN INSTITUTE \ l. TEI...EPHONE CI... 2-6101 AND FL.ORIDA INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AMERICAN ACCOUf'lTING ASSOCIATION To The Honorable Mayor and City Commissioners City of Edgewater, Florida Gentlemen: We have completed our examination of the police records of the City of Edgewater, Florida, as of October 31, 1961 and submit the following information for your consideration. In the four (4) year period beginning November 1, 1957, we find that 44 books of traffic tickets were issued, which would include a total of 1,100 traffic tickets. Of this total, 874 tickets were accounted for, and 226 are missing. Following is a summary of the total tickets charged to the four (4) police officers employed by the city "t during that period. '\ Tickets Tickets Per Cent R..a:ne of Officer Issued to Missing Missing F. H. Norman 450 73 16.22% E. W. Eaton 250 20 8.00 L. A. Waltz 100 5 5.00 J. Deibler 300 128 42.67 Totals 1,100 226 20.55% In view of the fact that we were unable to find the triplicate copies of the tickets, we were unable to determine what disposition of them -, had been made. \,. Mr. Deibler has informed us that the tickets bearing the names of both himself and Mr. Norman were issued for arrests made by himself while . working under Mr. Norman, who was operating the electric speed timer. .. ) All amounts entered in the police docket as fines or estreated bonds were properly accounted for by the city clerk. We have recommended that new serially numbered, triplicate traffic tickets be purchased and used. Each copy should be of a different color, and the third copies should be permanently bound. The books should be under the control of the City Clerk, who should issue them in numerical sequence. As each book is used up, the bound triplicates should be turned in to the city clerk, for proper filing and safekeeping. Respectfully submitted, GENTER AND BATTEN i B~ y~ ;t( ~ C.P.A. '\ AEB:nw \. SUMMARY - T R A F F I C TIC K E T S 1957 - 196.1 CITY OF EDGEWATER. FLORIDA Total Books Accounted for 4J, Total Tickets 1,100 Total Tickets Accounted for 874 Total Tickets Missing 226 -.A PERIOD BOOKS TOTAL ACCOUNTED MISSING PER CENT NAME OF OFFICERS ISSUED TICKETS FOR TICKETS MISSING YEAR ENDING 10/31/58 F. H. Norman 6 150 148 2 1.33% E. W. Eaton 2 50 50 0 -0- 200 198 2 1.00 ""l YEAR ENDING 10/31/59 F. H. Norman 6 150 138 12 8.00 E. W. Eaton 8 200 180 20 10.00 L. A. Waltz 3 75 70 5 6.67 , 425 388 37 8.71 "- YEAR ENDING 10/31/60 F. H. Norman 4 100 62 38 38.00 L. A. Waltz 1 25 25 0 -0- J. Deibler* 8 200 111 89 44.50 325 198 127 39.08 YEAR ENDING 10/31/61 F. H. Norman 2 50 29 21 42.00 J. Deibler 4 100 61 39 39.00 150 90 60 40.00 TOTALS 44 1,100 874 226 20.55% - ""I i, *Of twelve (12) books issued to Officer Deibler, eleven (11) indicate the names of both Deibler and Norman as the issuing officer.