FY 1940 Report of Examination °
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I; P 1� i t T SA � � IN ATIn
SRPTAVSLea
Toni
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pswrL^wn AND ROBERTSON
9,-
October 15, 1940
To The
Honorable Town Council,
Town of Edgewnter, norida.
Gentlemen:
Pursuant to engagement we have made an examination
of the books and records of the Town of Sdgewoter, Florida,
for the period October 1, 1939 to September 30, 1940, and
have prepared therefrom and submit herewith, the following
described statements:
umiar a A I Balance Sheet
SXHIBIT * B • Cash Receipts and Disbursements
c a Budget Appropriations
cOMM4NTS
Our comments on the items in the Balance Sheet,
Sxhtbtt A, follow in the order of their appearance therein:
ZTS
CA38 ON HAND AND IL j _ 2.308. kk
The cash balance as of September 30, 1940
consisted of the following:
LitL
on Hand 10. 82
Bank of New Smyrna
$ 2, 308. 44
PoNAPArtalmovimr FUN
Bank of New Smyrna
TOTAL p, 308. 44
Cash on hand was verified by actual count. Cash
in bank was verified by statements furnished by the bank.
The balance in the Permanent Improvement Fund was used to
apply on the purchase of tzn additional certificate of
deposit.
Pave 1- 1 Comments
PENTLAND AND ROBERTSON !,
CERTIFICATE Of BXPOSI T $ #0. ..
This item represents cash on time deposit in the
Bask of New Smyrna and bears interest at the rate of 2'%'
per annum. During the period under veview, additional
time deposits in the amount of $200. 00 were made, thereby
increasing the certificates from S0f.00 to •1,000.00.
TAX SALE CERTIFICATES
All entries into the tax certificate register were
examiner in detail, and certificates cancelled by action elf
the Town Council were charged off the books. The tax I.
certificates are classified as to year of sale on the
balance sheet.
CONTRACTS RECEIVABLE 75. 00 !i
This item represents the balance due on the saie
3f lots on the contract payment plan. The contracts are
as follows:
•4eyward ". and Myrttce H. Kiehl/ ter .T 45.00
Pauline Bremer
TOTAL . ' 75.00
LOT CLEANING LIENS 18. 4
This account represents the balance due on lot
cleaning aR,,dsssd against t w.xpayers in prior years. As
this practice has been discontinued, and no collections
have been made during the past year, we recommend that
they be charged off and the account closed.
! Ixg 6.CAS. 6
This account represents the book value of the
capital assets of the Town an they are shown in detail on
the balance sheet. The additions during the year are as
follows:
Flag t 10.00
"treet "ign* 91. 64
TOTAL $ 101. 64
LAND FOli&CLOSV" $ !? 24i. . 44
Land foreclosed represents the balance of the
1938--39 foreclosure. Daring the year the Town said land
in the amount of .1820.00 at a cost of $274. 30, realising
a profit of $545. 70. The Town also paid taxes and other
costs of $313. 27, which aunt was charged to the account.
LIA : t ,to RP Ln
ACCOUNTS PAYABLE TAX CERTIFICATE F10LI'ERS $ 7. 02
This account represents tke arount due L. Schuyler
for redemption of tray certi;ice; $ees prevtous y r ssignea to hire.
Page # ? Comments
PENTLAND AND ROBERTSON
The row Cleric ts unisble to mahe pairlent tjue V., 4141
inability to locate kr. 3chuyler.
A4S4kWl. fi",cz L3T
yhts Ue ecresente pIrtion of the unex,endee
boltInce tn the atreet Depnrtment. AP har been the polic'j'
in drevioas years, V.4 Town Counctl decOed to del3u
cleoning the Tomn 's streets find pmrhoge* until the begtnntng
of the tourist season. This nmatint t9 Photon in exoendttures
under Zxhtbit Cs the Burtget ApproIrt^tions Ft-tem/ n$.
The mAount charged to the oppmprtattcns occount
tr follows:
street Ind Droinoga 4'41err.e
415t per Sxhtbit A 63. 11
Q-nexpeniled Ueseroe
-,nd adjustments for ree,r
tided Setember 30, 1.97; 57. P1
565.90
Ireserve for Year Cnded
jept-..bcr 30, /9413
•...14111wal /NOI•
665. 90
--------
'.1.1APLU 5 I .(1
This Account reprevents the excess of the Town 's
assets over the liabilities. Ourtng the wear the
earAur wle incre -rc, '
GgliZ; RAL
The cash r3cleints nnd disbursementP are sin tn
det,--AI on erhibit b. The item of '75.00 under recetote for
Toles rna Forfettares roresent,T, the olp.ount 'wattled from
the sqo of the Slgtn watch ohtch 4=-Is been he/d by th4
clerh tn lieu of a ftme. Sll receiAs r'ere oeri'iP /
orom eui)licate rece0t.z, ln file.
Zhr Sudget Approprions, together ,..tth the
1 -mioart expende:!, and unexpended or 9verexpendqd balances,
1 re shown in nn -.3chibit C.
Thl current tcx roll L.t,s cnechee to detail -nd
thc tx ozrttfic,-te on hand.
I
Th'3 recnncilictton t
eage Y 3 ‘...ommen0
PENTLAND ANC AtOEIERTSON
s
T0 t11 Taxes Levied $ 3, 499. 51
Akt2
,tddittoris to Roll 70. 97
t. 3, 570. 4.8
cash Collected 3, 334. 41
Discount Allowed 91. 17 3, S25.58
IINCOLI.K0TS13 1939 TAXiS $ 144.90
Tax Sal e Costs 13.80
1939 TAX SALS CIMILTICATSS $ 158. 70
Caiiection of current taxes onslunted to 95.
or on increqsa of 3. 9* over the previous year.
Respectfully submitted,
PgN7LAND AND ROBSR,T3r)Afi
rr Pr AT PriRi, 4,CrnfINTANT.1
Wif
r, 4
PENTLAND AND ROBERTSON
„
leirwiftaga
sasswArla noiez PA
i.j.
£42 -J1AP Ai D IN A
Inx Sale Corti:0.714er, t%)r, Ye-,r :925*
rax Sale Certificates :for tatty
f Gerttitcmtee 7,Jr Yel-,r 1927 17i. 2
Tax Salo Certtitcote5 for te-,r 19?,d 1$1 . 5/
Tax Certificates f;or
Tax Sale Giortifici%tes, for ieser 1'430
Tax rim Corttftcnte ,r;r ree,r 1931 4-3
rlx Sale Certific,-tls for l'err 143 66. 5
rox 841 e Certtetod-te.7 fr rr 193
Ti 4,1e Certt:ficate5 for Tr,*.f.'r 1934
Tax 411,81 Certific-te-, Yv,r j )3 £4
Twc . cis Cortiftertes r”r /936
To 3..1.21? CArritite --4, NT Yitar 1)37
Trcr n1a Certtftc-!tes for Yerir 19z8 150. ."4
Tax sal* Certtftc,7terlt for Yerr I9 r 1 :(2
Contracts cstti
Lot Clenning
.9,„
atia
Road arechinery 1P5.4)0
Furtttr #.4'14 irt vc,4
attoll St roets
St rand Road Fill
Poi ice Departnerts
$ 11 Tools and mt.4; Aeo '=” ,4 <14 i,,„Anorbt
litre Departinant
treat
rri . .41q, .
quo
Flreclosed a'ropert::
7Z6. `33
679. 31
S 11, 736. '5'4
vA,VerV.AlaWaRia..■
PENTLAND AND ROBERTSON
- _
4 Lid -
ocroarx I I z' TO .5a P *2;
TOM Jf snow to FLDRITe
aa *Ace r per Audt t September 30, 1.7;749
CurrRnt Taxes ;4, 3, 1425.
Le : Discount Al 4:a 91.17
Delinquent Taxes v6.17 r
Delinquent Unextended Taxes 110.
BlikStaePS Licenses 156.
it 49 Cad /Jeer Licenses
Interest on 441 tnquint Taxes 1E1
interest on Bank .74postts and Oontracte
ond Irorfettares - Sole of inteh
1 fees 93. 6o
& 1s of r7reclosed Prerty 745,
Mt s eel 1 an.* Incoove
TJTAL JR.1=,;aer,„
ZTAL Tt.") I ?0,;1 6, 656. 68
pica_URSItteil
Lotto n - fourth 0 j Jul.„." 1" rbecue
4abor - Streets
Brtctile Hatntenance
Road Machine Xotntenrence
. cis #atntinance 7. 66
Truck and Tractnr Htre
are311 14.1o1e 1. 25
(4,n41 t.fr)„..
rest atgne.
zIntertias 42P. 17
TOT-4.1 iTT 4,7,D 1',‘ f4S 1.,23. 12
e C4264:14 I L
LL
7/5. 60
40
1, t
PENTLAND AND ROBERTSON
47 4 • .
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AS iti: CRIP23 AD 13 ' Sk' URSSWXSITS
S$PTIVBSA_ 1940
TO4W ,J7 K.4iEggit nonnA
DI.31/104iPlakiTS 1,.WL13-E4_',ip
G.a cr e„wd) IZDTh
47- :7 r
4,--
gia.a
Ir.).
Ret?eerve for at rest Cieftnirkg
Certificate o Dapaatt
e rk. a Fee r 107 4-0
3P8 C t#1,1 rax Collect;,5n t -417 n 6<1
•
s 34g.
L4 t -
AggiSNWR
Cash an Hand
10. 82
Cash trs Smith f sw any me .x/7. 67" 2 !23.
mII3IT
PENTLAND AND ROBERTSON
. .
APPR ') :=4IATZ
„11,;706i1 1939 TO 3SPTSMBEP 11 1940
TOWN Of SDO3NATER PLJA/DA
.0* NO.+..10 A.W.A.S.0.40WinaMeie
UNStOCNDID
ACOVaT 41-Yi-4'.11ATAP BAL4NCS
Streets and Drein-44. 800, 00 : 665.90 W 234.20
L4reet Ltghttng 935.00 902. 76 V. .!14
Salaries - :netrX Ind krirshnll 1, 250.117.1 48.00
Legal ena ELecti9ns 300.00 27g.60 21.40
Malior's Court 50.0i3 32. 40 17.60
Office Expense 275.00 $74. 4 . 52
iOnergencu 300.00 641. 341. 7)*
Fire De„,ortment 450.0*."f 55.00 95.00
T)T4L4i; 4,06).00 $ 4,052. 43 7. 57
NOT : *Overexpentled
1
4
PENTLAND AND ROBERTSON