HomeMy WebLinkAbout1951 Report of Examination®00000 -=
REPORT OF EXAMINATION
AND SUPPLEMENTARY DATA
VILLAGE OF EDINA - .MINNESOTA
December 319 1951
m- 00000 - -,
cI
=00000 --
INDEX
ACCOUNTANTS' REPORT ............... 000..00000000000000000.o.00 PAGE 3
e COMMENTS o 0 0 0 0 0 0 0 0 o . . o . . . o o o . o o o 0 o . o 0 o ... o 0 o o o ... 0 0. o 0..... o. o 4
COMBINED BALANCE SHEET. oo. o% o .... o.000.0000.000..o.o ..... o... 18
GENERAL FUND:
BALANCESHEETo ........... .. o .ou.o.o.00000..000..o0.o ...... o 20
STATEMENT OF SURPLUS o UNAPPROPRIATED ................ o..... 21
ANALYSIS'OF CHANGES IN CASH BALANCES.o.o..o ....... o........ 22
COMPARATIVE RECEIPTS. o ... oo ............... 000.00000........ 23
COMPARATIVE DISBURSEMENTS. oo 000.o .......... o ...... o ... o.... 25,
MUNICIPAL COURT FINES m COUNTY AND STATE CASESo — o........ 29
F I XED ASSET S . . . o o o o. o o.. o...... o 0.0 o 0 o o.. o.. o. ._ o. o o. o 0 0.. o. 0 3 0
WORKING CAPITAL FUND:.
BALANCESHEETo.o..o...... 000 ...o0...00.0000..0000000a000..o 31
COMPARATIVE STATEMENT OF INCOME AND EXPENSEo....o.o.o.00.o0 32
ANALYSIS.OF CHANGES IN CASH BALANCES ... oo ... oo ........... o. 33
POOR FUND:
BALANCE SHEET... .o..0 ..000.00..o ............... 34
STATEMENT OF SURPLUS - UNAPPROPRIATED.., ...... o ..... o ... o 35
ANALYSIS OF CHANGES IN CASH BALANCESo ... o.o ........ o....... 36
PARK FUND:
BALANCE SHEET.......v......0 .00....0..........0..0.0..0.000 37
DEFICIT ® CURRENT FUND. o.... ....o....o...000000.000000.o.00 38
ANALYSIS OF CHANGES IN CASH BALANCESo .o'.o .................. 39
COMPARATIVE DISBURSEMENTS. oo .o.o.o.....o ...... o0o0oo0.o0oo. 4p
FIXEDASSETS ...... o ..... oo. o ... 0000000..00000.o00o.o.o .... o 41
SPECIAL ASSESSMENT FUNDS:
COMBINED BALANCE SHEET...... . ..o ... o .....................o.. 42
BALANCE SHEET ® SEWER DISTRICT FUNDo..o..o.000 ...... o ..... 6 43
BALANCE SHEET — WATER MAIN FUNDSo .00...o0oo000o ... o ....... o 44
STATEMENTOF SURPLUS0 00000 0000000000000 0 00000 .00 0 00- 0 0 0 0 0 .00 45
SUMMARY OF-CASH. RECEIPTS AND DISBURSEMENTS- 0. o 0 0 o 0 0 e o 0 0 o 0 o o 146
SPECIAL ASSESSMENTS RECEIVABLE:
CURRENT AND DELINQUENT..... oo.0o0o.0o.o0o0o0o0o 0... oo0o0o 4
DEFERRED. oo .... 000.. o.. o ... o00oo.00.o..00.0000000.00000.. 48
BONDS PAYABLE AND BOND INTEREST0000 .0000000000000.000.00000 49
AMOUNT PAYABLE TO CITY OF MINNEAPOLIS o
SEWAGE DISPOSAL PLANTO. o ........... o0.0o0oo.o.o.o.00..o.00 50
IMPROVEMENT. FUNDS:
.COMBINED BALANCE SHEETo.O oo. o .... o.o.- 00000o0.00..0.000000.0 51,
STATEMENTOF SURPT, TTS0000. o.. o.00000.000..00.00000.o.o.0000a 52
ANALYSIS OF CHANGES IN CASH BALANCES..000 ... oo00.m000000000 53
SPECIAL ASSESSMENTS RECEIVABLE:
CURRENT AND DELINQUENT., o....00....o...0000....000.0000 55
DEFERRED...000.00000.. 00000 .000....00.00000.0....0....... 5
CONSTRUCTION IN PROGRESS
CURRE NT . 0 . . o . . . . 0 o 0 0 . o 60
DEFERRED0000...0...0...... .000000.00..0..0...0...0.00.... 64
RESERVE FOR , CONTINGENCIES. oo ....o......00.00....0.000...0.. 66
CONTRACTS PAYABLE0000. o0. 000 ..... ...00000..o.00.00000.0.... 69
BONDS PAYABLE 000. o. o ..... o.. o.0000000.000000000.00000...0.o 70
4
INDEX (COnt'd)
DEBT SERVICE FUND:
BALANCESHEET o .............. ....o.00000000.000..000000000.. PAGE 72
SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS.o.00 o oo o o. .... o. 73
PERMANENT IMPROVEMENT REVOLVING FUND BOND
BOND AND INTEREST MATURITIES, DEFERRED TAX LEVIES,
AND-ALLOWANCE FOR UNCOLLECTIBLE TAXES:
''SINKING FUND NO. 1 ..... .. 000 .......... 000000.00000.00...o 74
SINKING FUND NO. 2.0 o..00 ....o.o.00.o...00..00000c..0000 75
SINKINGFUND NO. 3o. 000000000 ..00e0000000.00000.o....... 76
WATERWORKS FUND:
BALANCE SHEET000. 0000.. oo.... .......00 ... 0.00..:O'0000000... 77
STATEMENTOF-SURPLUS, ..... ......ouo•..•••0000.c.......u.. 78
COMPARATIVE STATEMENT OF INCOME AND EX PENSE...00..0000...0. 79
ANALYSIS OF CHANGES IN CASH BALANCES .... o .... 0000 ..... oo.o. 81
FIXED ASSETS0000000 0000. 00000000- oo... ".000.ou.00....u....... 82
BONDS PAYABLE AND INTEREST EXPENSE '..o.a...o.a.:....o..o.... 83
'GARBAGE FUND:
BALANCE SHEET ............... .........uu.o......o....... 84
t STATEMENT OF SURPLUS® DEFICIT ..o..00000.00...0000.00..u...o. 85
COMPARATIVE STATEMENT OF INCOME AND EXPENSE...o.......... 86
ANALYSIS "OF- CHANGES IN CASH BALANCE. 0 0 0 ................ o .. 8
ANALYSIS OF RECEIVABLES ... o. .a.....ou...oc.00.o..000c.ocoo.
88
i
SEWER RENTAL FUND:
.BALANCE SHEET .... o..... o..".. ....00.cc.00........o.o...u.... 89
STATEMENT OF SURPLUSo.00...o.....00.00.000. ..000..00.o..... 90.
COMPARATIVE STATEMENT OF INCOME AND EXPENSE ........ o....... 91
ANALYSIS OF CHANGES IN CASH BALANCESo.o.0000 ............... 92
ANALYSIS OF RECEIVABLES. .... 000 .o.o.oaoao...o..00a000000•••• 93
LIQUOR DISPENSARY FUND:
BALANCE SHEEToo... o....... o. .00..00..oao.o.o.o.....o.....00 94
STATEMENT OF SURPLUS.... o... .o .... o.... o.o... ...... o....... 95
COMPARATIVE STATEMENT OF INCOME AND EXPENSE.o ....... o. ... o. 96
ANALYSIS OF CHANGES'IN CASH BALANCES..ouu -oo.o.00.00.0000.o. 97
FIXED ASSETS.;.o.. o.. o. oo... 000..00...o.00.00u000000000..o. 98
GENERAL SCHEDULES: _
CASH — ALL FUNDS. ....... o . ................o.............. 99
SECURITY FOR DEPOSITS.00... o..o ... o.uo ..................... 100
INVESTMENTSo ..... 0000. o. .o.0000..u.000.c.uo.000c..o..o. 101
TAXABLE VALUATIONS,TAX LEVIES, AND RATES., ...... ...—o 102
ORGANIZATION.... o..o.o.. 0000 .o....0 .................c... 103
OFFICIAL BONDS...o..ououu000. ..o...u..u.0000coo..0o..ocu 104
MUNICIPAL COURT FINES. o. .... oo ..... o.0000..000000.o.o.00.uc 105
L'` INSURANCE000.. o... o... oo..... 000•.o.ocu..00...o ......... o.o. 106
00000--
AKRON
ATLANTA
BALTIMORE
BIRMINGHAM
BOSTON
BUFFALO
•' CANTON
CHICAGO
CINCINNATI
CLEVELAND
COLUMBUS
DALLAS
DAYTON
DENVER
DETROIT
ERIE
.� FORT WORTH
GRAND RAPIDS
HOUSTON
INDIANAPOLIS
KALAMAZOO
KANSAS CITY
LOS ANGELES
LOUISVILLE
MEMPHIS
MIAMI
MILWAUKEE
MINNEAPOLIS
July 39 1952
To the Village Council
Village of Edina, Minnesota
We-have examined the balance sheets of the various
funds of the VILLAGE OF EDINA9 MINNESOTA, as of December 319 19519
and the related statements of cash receipts and disbursements or
` income and expense and surplus for the year then ended. Our examinam
tion was made in accordance with generally accepted auditing stand -
ards9 and accordingly included such tests of the accounting records
and such other auditing procedures as we considered necessary in
the circumstances.
(#A
0
In our opinion, the accompanying balance sheets and
statements of cash receipts and disbursementsg income and expense
and surplus present fairly the financial position of the VILLAGE OF
EDINA at December 319 19519 and its various special funds and the
results of their operations for the year then ended, in conformity
with generally accepted accounting principles applied on a basis
consistent with that of�the preceding years
Our certificate or report upon an andit or examination is delivered to client with the distinct understanding that any advertisement,
publication, or copy, therefrom, in fall or in part, of such certificate or report, shall be in the form to be approved by us.
As a preventive against fraud, attention is directed to the fact that all pages in this report should bear our water mark.
—*A
NEW
E
R N
S T& E R N
S T
PHILADELPHIA
I
PITTSBURGH
POTLAND, ME.
PROVIDENCE
ACCOUNTANTS AND AUDITORS
READING
RICHMOND
ROCHESTER
ST. LOUIS
SYSTEM SERVICE
ST. N ANTONIO
SAN FRANC15CO
SEATTLE
TOLEDO
'
WASHINGTON
MINNEAPOLIS
WIN YOUNGS7 SALEM
FIRST NATL -SOO LINE BLDG.
TORONTO, CANADA
DELIVERY ZONE 2
CORRESPONDENT AT
LONDON
CABLE ADDRESS
"ERNSTAUDIT" N. Y.
July 39 1952
To the Village Council
Village of Edina, Minnesota
We-have examined the balance sheets of the various
funds of the VILLAGE OF EDINA9 MINNESOTA, as of December 319 19519
and the related statements of cash receipts and disbursements or
` income and expense and surplus for the year then ended. Our examinam
tion was made in accordance with generally accepted auditing stand -
ards9 and accordingly included such tests of the accounting records
and such other auditing procedures as we considered necessary in
the circumstances.
(#A
0
In our opinion, the accompanying balance sheets and
statements of cash receipts and disbursementsg income and expense
and surplus present fairly the financial position of the VILLAGE OF
EDINA at December 319 19519 and its various special funds and the
results of their operations for the year then ended, in conformity
with generally accepted accounting principles applied on a basis
consistent with that of�the preceding years
Our certificate or report upon an andit or examination is delivered to client with the distinct understanding that any advertisement,
publication, or copy, therefrom, in fall or in part, of such certificate or report, shall be in the form to be approved by us.
As a preventive against fraud, attention is directed to the fact that all pages in this report should bear our water mark.
—*A
COMMENTS
The following comments relate to the scope of our examination
and to the accompafxying- _.financial statements:
SCOPE OF EXAMINATION
The General Fund imprest cash9 cash working fund9 and cash
for deposit of the municipal liquor store9 the Waterworks Fund9 Garbage
F'ond, and Sewer, Rental Fund were counted by us as of December-319 1951. The
Municipal Court working fund was counted by us during the course-of--our-
examination and reconciled to balances at December 319 19510
Demand deposits were reconciled to the balances reported
directly to us by the depositories. Our examination of cash transactions in-
cluded inspection of canceled checks and comparison thereof with recorded
disbursements for periods as selected by us and the reconciliation of recorded
receipts for the same periods with deposits as shown by bank statements. In
addition to inspection of claims in connection with the analysis and classi-
fication of items in the various funds9 our examination included inspection
of vouchers and claims for selected periods and the tracing of authorization
to the minutes of the Council.
Government securities and interest received thereon were con-
firmed by us by correspondence with the bank holding the securities for
safekeeping.
Current special assessments collectible in 1951 were reviewed
by us and reconciled to the amounts as shown by the records of the County
Auditor. Delinquent special assessments and delinquent taxes were reviewed
by us and compared with the balances reported by the County Auditor. Minor
differences9 the greater portion of which had been carried over from-previous
yearst were not checked out. We reviewed the transactions pertaining to
deferred assessments receivable.
Accounts receivable from customers for service charges on
water, garbage, and sewer rental were compared with subsequent collections
and reconciled to the balances of accounts unpaid at April 309 1952. We
supervised the mailing of water customers' statements as of March 319 19529
and inserted a request that we be notified of any differences. All differ -
ences reported to us to the date of this report have been satisfactorily
explained; Accounts receivable of the Liquor Dispensary�Fund consist of
NSF checks, two of which totaling $15.00 are still uncollected. The amount
due from other governmental agencies was traced to records of subsequent
11�0 collection.
The amounts due from other funds were balanced with the
amounts payable as shown by other funds. Interfund transfers and charges
were reviewed by us.
mho
0
We were present at the time physical inventory was taken at
the municipal liquor store to observe procedures.followed and to make test
counts of quantities. We reviewed the perpetual record of liquor.and wine
inventories, made tests as to the transactions recorded, and reviewed the
adjustment of book quantities to inventory counts. We tested the prices
used in the valuation of the inventory by reference to purchase invoices
and other data. Clerical computations, were tested by use
Inventory of water meters at December 319 19519 was reconciled
with the beginning inventory, the purchasesi and the sales during the year.
We reviewed the transactions in the construction accounts
and the related liabilities in contracts payable.
The major additions to fixed assets were supported by in-
spection of invoices or other data. Computation of the provision for depre-
ciation in the Waterworks Fund and Liquor Dispensary Fund were reviewed by us.
Provision has been made in the balance sheet for all ascer-
tained liabilities of the Village at December 319-1951. Accounts payable
were tested by direct correspondence and other data in the Village files.
We reviewed the calculation of accrued interest and the appro-
priation of cash.for payment of bonds and interesto Canceled bonds9 which
had been redeemed during the year, were inspected by us.
The amount due to the Minneapolis -Saint Paul Sanitary Sewer
District was confirmed with the Minneapolis City Comptroller.
We made a general review of the system of internal control
and of the operating accounts for the year ended December 319 1951. Income
and receipts, expenses and disbursements were reviewed as to adequacy of
classification and conformity with classification for the preceding year.
Such other tests and analysis.of accounts were made as we considered necessary.
Tax settlements received during the year were confirmed with
the County Auditor. Copies of licenses and .permits issued were compared with
recorded collections. Dog license income and tag numbers were accounted for.
Fines collected were verified by inspection of the docket of the Municipal
Court. Duplicate receipts on parking violations were compared with recorded
collections. Amounts as shown by.official receipts were compared with re-
corded collections for periods selected by use
Minutes of the meetings held by the Council during the year
were read by us. Construction projects in process and initiated during the
year were traced to minutes of the Council as to date of petition, hearing,
authorization for advertising for bids, bids received, contracts awarded,
and hearing on and approval of assessments.
q®
COMMENTS ON FINANCIAL STATEMENTS
GENERAL FUND
There is included herein a statement of cash receipts and
disbursements for the year 1951 in comparison with 1950. As the aforemen-
tioried statement includes both operating and non-operating items9 we have
reconst'Tuc,ted the statement for the year 1951 (that for the year 1950 was
similarly reconstructed in our report for that year) to show the operations
or, an accrual basis in comparison with the related budget,
REVENUES
General taxes
FoTfei.ted tax sale apportionment
Interest and penalties
Mortgage registry tax
Gross earnings tax
Licenses and permits:
Plumbing licenses
Building permits
Plumbing, sewer, and cesspool
permits
Dog licenses
Other licenses
Liquor tax apportionment
Cigarette tax-
Clerienal for other funds
Engineering and administrative fees
Street and sidewalk
Street opening fees
Rentals of land and buildings
Election filing fees
Non - revenue collection -
Park Fund
Fines (excluding county and
state cases)
Special assessment searches
Sale of maps, Junk, etc.
Sund ty
TOTAL
(01
Estimated
$1799863075
_50.00
500.00
11000.00
Actual
$1789751.27
112.21
870-04;
29855.56
119.22
Actual
Over - Under*
$ 19112.1+8*
62.21
370.08+
198550 56
119.22
$ 500,00 $ 19155.00 $ 655.00
59000.00 99302.1+0 8+9302.1+0
29000.00
500.00
ls930,00
99930000
69000.00
59600.00
2 98 +00.00
99000,00
19000.00
-0-
320.00
10.00
1+9659.05
1+66.75
2 21+1.58
179826.78
99009.82
791+29.40
2761+8.41
169901-.30
920100
691+. o0
300.00
6.00
19500000 -o=
79500000
-0®
-o-
-o-
179583.16
29 .00
175.50
95.87
2,659.05
33.25*
� 31 . 88,
8 79896.79
3,009.82
19829.1+0
21+8,1+1
7990+.30
80°00*
691+. o0
20.00*
8+. 00*
19500.00*
109083.16
294.00
175-50
95.8z
$224,9673.75 $2569595.54 $319921.79
----- - - - - -- ----- - - - - -- ---- - - - ---
-h-
EXPENSES
General government
Public safetys
Poliebe
Fire
Inspection
Public works
Sanitation -and waste removal
Unallo6ated expensess
Employees° retirement fund
Workmen's compensation
Audit
Equipment rental
Contingency
$ 2,200.00 $ 29166035 $ 33065*
29000.00 19000.00 19000.00*
39000,00 . 29880.00 120.00*
259000,00 279376.87 29376.87
1.000.00 1.572.10 10427.70*
351200,00 6 3+9995.52 8 201+.45*
-Tree trimming
39000.00
Actual
Estimated
Actual Over ®Under*
$ 379028.75 $
399749.40 $
29720.65
$ 319350.00 $
319 - 328.86 $
21.11+*
39350,00
29605.16
744.84*
6.961.57
4 2 6. *
192OO,OO
1+9900,00
72,385.00
{�� 97.9
869404.47
19002. 1*
149019.47
3,800.00
29949.96
85o.o4*
$ 2,200.00 $ 29166035 $ 33065*
29000.00 19000.00 19000.00*
39000,00 . 29880.00 120.00*
259000,00 279376.87 29376.87
1.000.00 1.572.10 10427.70*
351200,00 6 3+9995.52 8 201+.45*
-Tree trimming
39000.00
960,13
29039.87*
Health department
360.00
364.41
4.41
T Civilian defense
-o-
389.17
389.17
Capital outlays
Highways
$ 69000000
$ 11+9216 97
$ 89216.97
Fire department
49000.00
49078.45
78.45
Police department
19000.00
19014.21
14021
Addition to Village Hall.
79500600
-o-
79500.00*
Furniture and fixtures
19000.00
19113,61
113.61
Tool house
19000.00
29491.93
19491093
Fire station
79500.00
eom
79500.00*
Engineers'-equipment
.29000.00
19910.65
89.35*
Elections
m om
132.00
132.00
Sewer connection to Village Hall
=o=
29822.00
29822.00
Special assessments on
park property_
11000.00
1 000 OO
-o=
27.7790 2
1 000 00*
220,18*
TOTAL
$2249673.7542349490.47
$ 99816.72
Summary's
Excess of actual,revenue over - estimated
$ 319921.79
Less.excess of actual expenses
over - estimated
99816,72
INCREASE
$ 229105.07
GENERAL FUND SURPLUS
Balance at December 319 1950
$1499972095
Add revenue in excess of expenditures
for the year'
$ 229105.07
Deduct transfer to appropriated funds
for imprest cash
50,00
228055.07
Balance
at December
319 1951
$1729028,02
In previous reports9we have commented upon the compensation
and travel of the Village Assessor, For the current year9 claims were sub-
mitted for .compensation on specified dates9 but information as to related
mileage was shown only in totals,
In our report for the year 19509 there were indicated certain
minor billings amounting to $172,93 which had not been invoiced or collected.
During the year 19519 all of these except for one item of $13,00 were
collected, .
WORKING CAPITAL
Expenses for the year totaled $28 576 *879 of which $279376087
was charged to the General Fund. The increase of $49881022 in- expenses over
the preceding year is shown in the comparative statement of income and ex-
pense elsewhere in this report*
The overdraft should be eliminated by collection of at least
a part of the balance owing by the General Funde
POOR FUND
Surplus increased.from $19211,65 at January 19 1951 to
$59662,53 at December 319 1951, Revenue receipts totaled $692070999 while
disbursements and accruals for expenses aggregated $1 756,78, Investments
of $29000-,00 were sold during the year, A tax levy of three - tenths of one
mill -was levied in 1951 (collectible in 1952) which is expected to realize
approximately $29100,00,
PARK FUND
The change in Park Fund deficit is summarized as followss
Deficit January 19 1951 $29940023
Less-excess of revenue receipts
over disbursements and accruals
Receipts $129942,25
Disbursements and accruals 10,634026 2,307.99
Deficit December 319 1951 $ 632,24
The County Auditor has furnished statements for assessments
collectible_in.1951 and 1952 against Park Fund property whi6h-have been bene-
fited by-projects of the 1950 and 1951 Series Improvement Funds-, The liabil-
ity of the Park Fund for payments on principle alone in the-next ten years
amounts to $99027,26 on these projects. The amount collectible in 1951 was
$448,79 which was paid by the General Fund and is included in the amount
shown as due to General Fund on the Park Fund balance sheet, The liability
of the Park Fund for assessments on projects prior to 1950 has not been deter -
mined by the Village; it is recommended that the council decide whether such
assessments are to be considered as contributions to the Park.Fund or reim-
bursable by that fund, If it is the intention of the council to assume the
cost of special assessments for Park Fund property for the current and future
years9 an appropriate resolution should be passed,
-8-
SPECIAL ASSESSMENT FUNDS
The liability of Joint Sewer District No, 1 to the Minneapolis-
Saint Paul Sanitary.District. was reduced to $339720,13 by payments of $29667,3+
from surplus funds, It is expected that the remaining balance will likewise
be liquidated from surplus funds now existing or from connection charges on
new distri. {its,
-Sewer Districts Nos, 1', 59 79 89 and 9 had no indebtedness
other than for refunds on canceled assessments at December 319 1951, We
repeat our recommendation that a Sewer Replacement Fund be established, from
which payment may be_made for major sewer repairs9 and that the surplus in
the above listed Districts and any similar surplus which may arise in the
future9 be transferred to the Sewer Replacement Fund,
IMPROVEMENT FUNDS
The Village continued through the year 1951 to use the Perma-
nent Improvement Revolving Fund as a Construction Fund, The councils upon
our recommendations subsequent to the close of the year authorized the estab-
lishment of a'-Construction Fund and the loan to it by the General Fund for
working purposes of.$505,000,00 to be effective as of December 319 1951, It
also authorized the transfer to such construction fund of proceeds of bonds
sold for construction purposes by the Improvement Funds following the placing
of construction contracts,
The aforementioned practice, in addition to being inadvisable,
resulted in considerable confusion in the accounting for construction pro-
jects, Following the councilvs authorization aforementioned, we have
analyzed -and separated the various funds in order to show separately the
accounting for construction work and to state the various Improvement Funds
and the construction as they would have appeared at December 31, 19519 had
the segregation been made at that time, Adjustments therefor have been,
placed on the Village books, The separation and adjustment had no, net
effect on the total financial statements of the Village but should assist
materially in the bookkeeping beginning January 19 1952,
The balance sheet of the.Construction.Fund at December 319
19519 on the basis referred to is summarized as follows:
ASSETS
Cash
Accounts receivable
Construction in progress - current
Construction in progress - deferred
$ 420.006.39
29221+,21
255,323.09
362,301,65
$190399855.31+
e_9m
LIABILITIES
Due to other funds for advances $ 6629 496 o 18
Water main and sewer connection deposits 99693068
Construction contracts payable 3673665.1+8
$19039985534
The cash balance and the advances from other funds are analyzed
and summarized as follows:
_Funds providing advancese
1950 Improvement.Fund First Series
1950 Improvement', Fund Second
Series
1951 Improvement Fund.First Series
1951 Improvement Fund Second
Series
General Fund
Total due to Other Funds
Unallocated construction costs
Cash
Construction- Available
Total in Progress for
Advances Current Construction
$. 69241.95 $ 49124.81 $ 29117814
45,861.o5 199 523.11 269337-94
609295 .,59 659231044 1+9935.85*
5009000000- 1419220,24 3589779.76
50mM-U 50909759
$6629496.18 $2309099.60
Total Construction-in Progress Current
Cash provided by water main and
sewer.connection deposits
Less accounts receivable
253223.42
$,2559323-09
99693.68
2.224.21
25922301+9*
79469.47
Contracts payable which have been
assessed or transferred to construction
in progress current:
Contracts payable $3679665.48
.'Less construction in progress
deferred 362., o� 1.65 5363®83
CASH BALANCE DECEMBER 319 1951 $4209006.39
* Indicates red figure.
IQ
-lo ®.
An analysis of the cash provided by 1950 and 1951 improvement
bonds.which remains for construction is presented in the following schedules
1950 Improvement Funds
1951 Improvement Funds
First Series
Second Series
First Series
Second Series
Proceeds from -sale of bonds 15 9000,00
1 9000.00
1019000,00
$5009000.00
Deduw,4,ionss
Payments on constructions
Duy,ing the year 1950s
To Permanent Improve-
ment Revolving Fund
During the year 1951:
To Permanent Improve"
ment Revolving Fund
For water main
connections
Transfer to Permanent
Improvement Revolving
Fund
Transfer to Construc-
tion Fund
Transfer from 1950
Improvement Fund,
Second Series
Cash Advanced to
Construction Fund
Construction in progress -
current paid by improve-
ment funds and advanced
to Construction Fund
Less contracts payable
Total- Advances
Less construction in
progress - current
Cash Available
for Construction
Less construction in
progress - deferred
CASH UNENCIIMBERED
* Indicates red figure.
$10+9095.95 $121-1906.92
509001,1+8
315000
19591+.38
29155.96
316.0+ 129914.71 $ 399083011
97059
299.70
1 21 60* 1 21 60
1 54.T2-6-.-0'6 IS1 ®2 0 0 0-41 mo-
$ 39173.91- $ 27971-9.63 $ 609295.59 $5009000.00
$ 1+9121+.81 $ 197 523.1 -1
1 o 6 0 8o 1. x+•11.6
- 0 �1 182111242 - -om -om
69241.95 459861-05 0,29 . 9 009000.00
1+,,121+.81 13.521.11 6 5.231 e44 1413220.21+
$ 29117.11+ $ 26933.7.9+ $ 1+9935.85 *$3589779.76
mom 25.277.86 1350-1 3 -1-1 x561.28
$ 29117.14 $ 1906o.o8 $ 691+38.91+*$ 259217.98
®11-
During the year the item of $129695,129:carried from the
preceding year which represented unallocated costs from settlement of a
suit by -a contractor on blacktoppin.g projects9 was settled. Disposition
of the item -was made by charges of $39583,04 to the reserve for contingen-
cies of affected projects and by charges of $99112,08 to surplus of the
Permanent Improvement Revolving Fund,
The accounts receivable arise from.overpayments'to contractors
as follows a
Ashworth and Son (Street improvement 51)
$291+3,15
Earl Sewell (Street improvement A6)
81,06
TOTAL $2922+,21
The amount due from Ashworth & Son arose early in the year 1951, The item
did not receive attention during the year 1951 either
in obtaining a refunds
or as a deduction from payments due that company
on other work,
Construction in progress deferred
and contracts payable are
summarized as followss
Construction
An Progress Contracts
Deferred Payable
For construction not assesseds
1950 Improvement Fund Second Series
$ 259277,86 $ 259277,86
1951 Improvement Fund First Series
1950309 19503,09
1951 Improvement.Fund Second Series
3339561078 .3339561 ,78
Not allocated
1.958.92 -1 8 2
*�
3'29301. 83629301.
For construction which has been assesseds
Permanent Improvement Revolving Fund
$ 29595061 -
1950 Improvement Fund First Series
19056,80
1950 Improvement Fund Second Series
191+11,69
1951 Improvement Fund First Series
299.70
TOTAL
$3629301,65 $36796650+8
DEBT SERVICE FUND
The amount due from the Permanent
Improvement Revolving Fund
in the amount of $479O22,5O.is for -the payment of
bonds and interest due in
1952 but which had not been transferred in 19510
The liability to'the Per.
manet Improvement Revolving Fund in. the amount of
$391+O3.46 aripes princi-
pally from transfers in prior periods greater than
the amount required for
bond and interest maturities, The liability is reduced from the amount
stated at January 19 19519 by the amount of $69099`for
fiscal agents service
charges which were paid by the Debt Service Fund
but are chargeable to the
Permanent Improvements Revolving Fund,
_12m
WATERWORKS FUND
The operations of the fund are shown in detail in a separate
s�.'hedu_ie and are summarized as follows s
Per Cent to
Increase Gross Income
1 �. I9�q Decrease* 1 1 1970
Grose income $439999.88 P4,526.82 526.94* 100.0% 10000%
Expensess
Pumping $149169.12 $129160.73 $29008.39 32.2% 270
Distribution 109882 :V4 99966046 91.6.28 24.7 22-
Admii strative and
general 6 1 .82 5.554., 9,1 6 "' 8 8 14.1 12.
F[�2 2 16 l . 2 2 OPERATING INCOME
297 x.20 1 N9� 90900 * 29. 370
Other deductions .4�; 06041 4 .45'8.46 152.0 9.8 1000
NET INCOME_ $ 89447-79 $1.293(76020 $3 938.41* 19.2% 2708%
Detailed comparisons of the income and expense for the years
1951 and 1950 are given elsewhere in this report. -The principal' reasons for
the decrease In net profit was a decline In-water sales due to a wet season9
increase in repairs9 and in provision for depree.iation as a result of new
mains coming into use.
In view of the increase in number of feet of sewers in use,
,:�cnsideration might be given to increasing the charge to'the sewer rental
department for water used for flushing sewers.
GARBAGE FUND
The following schedule compares the operations of the fund
f ar.r the years 195l and 19 50 s
Opeia'ting in ome
Expensess
Colle_^tion service
Administrative and
general.
NET INCOME - LOSS*
Per Cent
Increase to Income
i2lil 1250 Decrease's ' 1251 19L0
$219892.42 $159890.20 069002.22 100.0% 100.0%
$189925.00 $159040061 $39884039 86.4% 94.6%
0 2
1 2 1.�
8 56 ,, ,
�- "2
4.
4
$ 2,016.7o $
7.20*$2 ,,023.90
9.3%
mom%
�e1�o
Rates were increased from $8000 per year to $9.00 per year
fog.,. 1951.. The a ierage number of customers in�,reased. 287. DuY.,I.ng the year,
a count of homes being served was made which resulted in collections for
prior years of $751.62. The factors making up the increase in operating
in.t.�ome are summarized as followsg
Increase resulting from increased customers $2 9296.00
In- :r°ease resulting from increased rates 29292.00
Ir.ei,case irk forfeited discounts 172.80
i3illings for prior years 7 1.62
Guzirewt year billings for customers who
had nut previously been billed 489.80
TOTAL INCREASE IN GROSS INCOME $69002.22
On March 1, 19519 monthly payments made to the garbage col -
l..e.wtor were increased from 62 112¢ to 7e0�t per ;. stomer, The increase in
garbage collect.-ion cost may be summarized as follows
Increase in number of customers served $29150.00
Increase in rates 18714.39
TOTAL INCREASE IN COLLECTION EXPENSE $35,884.39
It was noted that discontiwaance of service recorded on the
Village books is frequently recorded on the collector.,0 s claim a month or more
later. Means should,be provided for prompt not.fice.tion to the collector
where notice of discontinuance has been filed directly with the Village
offices. It is further recommended that a check of the service list9 as was
made in 19519 be made perlodically.
SEWER RENTAL FUND
The operations for the year9 shown on a separate schedule9
,are summarized as follows,,
Per Cent
Increase to Billie s
i25-1 "i '` DE,i,, �rease* 1 i 12 10-
Bill ings $129012.1+0 $109',q- 63.76 $19,T,+8. 64 10000% 100.0%
Exper�2, e s s
Opef'at'l.rr.g $109122.65 $ 89344.2.8 $19,,7-8.4,7 7 84.3% 79.7%
Administrative and
gene r e l 0 8 826"J' 1.07 d1 7.8
OPERATING INCOME 11 9 .90 1929:3,14 1 �3;�7. 9
Other income L .00 1 6C .6 Y..
NET INCOME $ 1-903009'0 $ 194.29.39 $ 398.E -9* 8.5% 13.7%
---- - - - - -- ----------- - - - - -- --- - - -__- -___ -® - -_ ®-
_14- .
6
-The surplus of the Sewer Rental Fund may be used for payment
of a portion- of the Village's liability to the Minneapolis-Saint Paul Sanitary
Sewer er District. It might bein order to appropriate such surplus until the
aforementioned liability is completely liquidated, It is noted that the cost
of maintenance and treatment paid to the Sanitary Distriot was approximately
the same as the increase in service charges to users without any recovery for
ather in-creased expenses.
LIQUOR DISPENSARY FUND
The detailed comparative slUatement of income and expense for
the zalendar years 1951 and 1950 is shown in a separate schedule and is sum-
ma-,-ized as follows
Sales
Cost of goods sold
GROSS PROFIT
Operating expenses
.. OPERATING INCOME
Other deductions
NET INCOME
1 r,
9063
;21
121 561.26
929071637
87
27,1 8 1, 6
9S 4-9195.81
1091, 8
63,lo3.96
l
$36 _260.69
28'A 911,19
9 0
2 908.09
3.088.21
$ 4.89351018
7--
1
Increase
Decrease*
$ 3-9-77T.-9-4
ig.61+8.07
12 9723. 7
.967.1+7
129°75 .'+0
1.996.18*
$11+9752-78
----------
I . The factors contributing to the increase in net income can be
summarized as follows
In--rease in gross profit - attributable to-cl,
Increase in sales volume $11973+,62 734.62
Inorea,se in gross profit percentage 1.989.25
$159723-87
Less inl�.rease in operating expensess
Sala- rLles' 2_923i 85
Depre,,iation 17:49
Selling supplies
99-55
Repairs-and mainteianca 321. 4.9
Auditing :285-00
Suind r , 967.17
— 56—
T 3905 .55
Less dersreases
Light and power 89008 2.967.1+2
129`'% b, W
Decrease in other deductions 14996,38
INCREASE IN NET INCOME .78
$11+9752
----------
_15-
A comparison of total cash balances shows a decrease during
the year as followse
January 19 1951 $569129.1+
December 319 1951 2-52888.0'
DECREASE $109241038
The factors accounting for such decrease are as follows
CASH FUNDS DISPOSED OF
Payment on property purchase contract $149200000,
Payment of bonds payable 2-59000.00
Decrease in trade accounts payable 3+9959.42
Payment of interest 51+70$3
Increase in sundry assets
$949744-74
CASH FUNDS PROVIDED
Net income
Provision for depreciation
Decrease in merchandise-inventory
Decrease in sundry assets
Increase in sundry liabilities
NET DECREASE
Shortages and overages as ref
readings, liquor --,and wine tags over register
net inventory shortages is compared with the
Shortagess
Retail value of
Overage -st
Cash overages,.
Excess of
$639103.96
29231013
189616089
319.09
2a222,9 82-9501o36
IN CASH $10922-1038
iected by cash over register
readings9 and retail value of
two preceding years as follows s
i
inventory shortages
Less tag overages 182 -4
.Shortages Over Overages $287.61:-
1 0 2' -+
$757089 $393017
2322 2
$518.52 ($ 30.25)
The quarterly physical inventories were not posted to the
perpetual inventory records during the year, hence an accurate summary of
the item differences is not practicable. This posting should be required.
Apparently the number of differences is less than in the preceding,year.
®16-
GENERAL
The Village does not have adequate facilities for protecting
records and documents against fire. Storage facilities in a locked vault are
limiteds and certain records are not placed in locked storage overnight. Con -
sideration should be given to placing clerks register. and Liquor Dispensary
F ind boroks in such locked storage and to safe dap sll.t box ,for, .deeds and other
valuable documents.
Payment of fines accruing to Hennepin County and the State
of Minnezo'ta have not been made in full to the respective agencies.
It was noted that in some cases the clerks register and the
ledgers contained identical description in detail. It is suggested that
desi�r:iption be limited to the book of original entry.
Several claims in the periods selected by us for review lacked
signature of the vendor and acknowledgment by a notary9 although the claims
were complete and regular in other respects,
The security for deposits in the First Edina State Bank was
substantially less than the amount of the deposits in that bank. Subsequent
to December 319 19519 additional security was provided by the bank sufficient
to meet the amounts required.
We were informed that the officdal bond required on the Village
clerk was in existences but the bond was not produ'ed for our inspect-ion,
It was noted that in numerous instant °ese interfund balances
were allowed to accumulate9 particularly where the'items were fixed and
known, instead of having -checks drawn to clear such items and thereby
eliminate interfund balances.
-17-
COMBINED BALANCE SHEET
VILLAGE OF EDINA
December 319 1951
Working
Assets Total General Capital Poor Park
Cashs
Current funds
Appropriated funds
Investmentss
U. So Treasury notes
Receivables s
Taxes and special
assessmentss
Current
Delinquent
Deferred
Customers
Due from rather
governmental agencies
Due from other funds
Less allowance for
uncollectible taxes
Invento -ies
Construction in progress
Amount to be provided,for
Village share of, cost of
Minneapolis -Saint Paul
Sanitary District sewage
disposal plant
Fixed asseWs
Prepaid expenses and
deferred charges
TOTAL ASSETS
* Indicates red figure,
$ 8639271°97 $1509617.96 $189082.92 *$ 59784°13 $ 69179.23
4.455 00 150.00
7972 097 1509767.9 1 ,0 2;92* 97 .13 9 69179.r3
299000.00
$ 1619011.02
399177041 $ 89685,57
8019888 ,30.
129333•$8 271.11
$ 229-35 $ 545.61
41.41 41,41
76521+16.17 62,107.95 $30,14o.1+8
1,7799 019 6 719064.63 8309-170—.-47 270-76 933. 1
25.011.01 8 68 e 22 06
F19781'21854- 855.156 379-06 U09140.48 1, 1 1 8 88.00
6179624074
33,720013
7569239°96 1679362030 179993.70
19,102.12
$491419487.64.$380,509.32 $329057.56 $59825.54 $249260.93
F u n d s
Special Debt Sewer Liquor
Assessments Improvement Service Waterworks Garbage Rental Dispensary
$ 62090.28 $ 5609337093 $ 39403.46 $ 319636.33 $29258.85 $129358.65 $ 459888.07
4.105 00
$62, 90,25 09337.93 3940-3--.IT6 $ 359941.33 2,25 12058-63 $ 45988 .07.
239000,00 69000.00
$ 329032076 $ 1279992.76 $ 888.30 $ 97.20
6,474,49 239161.34 72.53 8.52
lo8,315.92 4079752,38 $2859820.00
29228.97 $ 8,970.56 522,05 102030 $
150.89
04 616 47,022 0 1 6 4.40 00
1 , 73o1 8191789035,94 63329642. 0 9,10 .92 1, 7,2 2 3.0 150.89
15.572,50
$15 5 9 87-3 7-16 11,17 ,3-3T 9 317,270,00 S. 9,10 .9`2 $19487 283. 1 0.
49332.68 769885,88
617,624.74
33,720,2,1
5149162,59 93.26 19032.18 559595.93
o
351.11 751.01
$2759483o57 $293559998.61 $3209673.46 $5639893.63 03,839.39 $19,673.85 $1799271.78
-18_
COMBINED BALANCE SHEET
VILLAGE OF EDINA
December 319 1951
Liabilities, Reserves, Working
and Surplus Total General Capital Poor Park
Due to other funds $ 76591+36-17,$ 299299.95 $ 59048,79
Accounts payable 339798,62 119669,05 $ 19433.47 $ 163,01 1,8.50,68
Salaries and wages 19170,30
Canoeled assessments
refundable 19154.36
Interest payable
Water main and sewer
connection deposits
Construction contracts
Minneapolis -Saint Paul
Sanitary Sewer District
Bonds payable
Reserve and allowancess
For contingencies
For debt service'
For uncollected taxes
Surplus:
Invested in fixed assets
Contributed by special
assessments
Revaluation
Appropriated:
For imprest cash
fund
For payment of bonds
339123.99
99693.68
3679665.48
339720.13
19 5019 500.00
34,474.82
2529000,00
129600.00
1869481044 167062,30
3399014,98
369879.24
150,100 150.00
179993.70
and interest 49305,00
Unappropriated 5289319.43 172,028.02 109624,09 5.662.53 632,24*
TOTAL LIABILITIES,
RESERVES AND SURPLUS $491419487.64 $3809509.32 $129057,56 $59825.54 $249260.93
* Indicates red figure,
1915+,36
39985,00
39665,66
Liquor
F u
n a
s
Special
Debt
Sewer
Assessments
Improvement
Service Waterworks
Garbage Rental
Dispensary
129600,00
$ 291 +61.16
$ 7189271+m70
$ 39403.46. $ 5,4390.55
$ 731,96 $ 82506o
195.00
19659°47
19 07°71
1,682,80 49732,78
9,o04,6,5
85,92
19084,38
1915+,36
39985,00
39665,66
99693°68
3679665,48
339720°13
1469500,00
9279000,00
349474,82
2529000,00
129600,00
-87 67,e22
$2759483'7 $293559998,67,
241270,00 1,203,33
2939000.00 1359-000,00
93426. 19032,18
3399014,98
36,879,24
49305,00
40, 606 a 90 1,131a37 19 081.29 1-690182-,7
$3209673,46 $5639893,63 $39839,39 $199673,85 $1799271°78
--------- ---- -- = ===
—19-
GENERAL FUND
BALANCE SHEET
VILLAGE OF EDINA
December 319 1951
•------------------------------------
ASSETS
Cash - current funds:
Demand deposits
Working funds
Receivables:
Due from other fundsg.
Construction fund
Park Fund
Sewer District No, 9
Waterworks Fund
Sewer Rental Fund
Garbage Fund
-1950 Improvement Fund, First Series
1950 Improvement Fund, Second Series
Sundry
Taxes receivable ® delinquent
Less allowance for unrealized revenue
Fixed assets
$15o,617.96
150.00 $1509767-96
$509000.00
49 9480 79
29 461,16
39274021
, 6620 l0
662-.10
97-59
2.00
$ 629107-95
271011
$ 8, 685-57
8, 6850 57
LIABILITIES
Due to other, funds:
Working Capital Fund
Water Fund
Sewer Rental Fund
Special Assessments Funds
Accounts payable:
FiremenIs Relief Association
Trade
Municipal Court fines due county and state
Appropriated surplus:
Ingested infixed assets
For imprest cash
Surplus - unappropriated
$ 28,94o.)+8
62,379.o6
-om
1674 3620 30
$3809509032
2.00
75-00
282 $ 299 299.95
$ 39269090
89 0240 65 -
3740 5o 11,669.o5
$1679362030
15o0 oo 1679512 30
.172,o28:02
$3809509-32
GENERAL FUND
STATEMENT OF SURPLUS - UNAPPROPRIATED
VILLAGE OF EDINA
Year ended December 319 1951
BalanMe.at January 19 1951
$1499972.95
Additio ns s
Cash receipts
$3109905002
Less non - revenue receiptss
Collet: tins for-Fire Relief Associations
Tax settlements
$ 617,68
Insurance premiums tax
2,,1+ 1.11
39068.99
Collection on loan to Park Fund
1'500,00
Collection of interest on securities
owned by other funds
35701-7
Payment 'by Permanent Improvements
Re,, ,-olving Fund on account
Novembers 19509 tax settlement
/.29299942
6-79832949
0 89
$235 9 846-t45
Increase in sundry re.ceivabless
Balance December 319 1951
$ 271911
Balance December 319 1950 $194,93
Less transferred to 1950
Improvement Funds First Series 9.5
97074
173077
Accrual for engineering and clerical
services charged other fundss
Permanent Improvements Revolving Fund
$169904930
Waterworks Fund
19324,21
Seger Rental Fund
662.10
Garbage Fund
662,910
199552.71
Accrual for street opening fees
collected by Waterworks Fund
694900
Collections by other funds fors
Permanent Improvements Revolving Fund.
$ 638000
1950 Improvements Fund
2900
640000 2 6,207,1
U s 0,0
Dex "uct�. +:: =ris s
Cash d .sbursements
$19699`f; 9.7
Less el minaLionss
Paid to Park Fund
$ 190009e00
Spe3ial assessments on Palk Fund lands.
1489/9
— 1,448.72
19 , 9 •9 .
Equipment rental accrued at
December 3192951
279376087
Payments made by other funds for
the GeneT -al Funds
Permanent Improvements
Revolving Fund:
For land improvements $29539080
For street repairs and
• projects abandoned 1,327976
$ 39867956
Water-works s -Fund
2.00
3 9 869 9 -56
-
Acounts payable accrued at Dec 1 ember 319 19
89024965
Inc:reaSz in fines due to county and states
De :ember ,319 1951
$ 374.50
Dec-,ember 319 1950
2 -90950
849o0 2346852006
Balance at December 319 1951 $172 9828 • 02
-21-
GENERAL FUND
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OY EDINA
Year ended December 319 1951
Ba3an.(?,e at January 19 1951
Re,cte.i.pt s
Di sb'ur cement s
`Ira.nsfers s
From Permanent Improvements
in settlement of inter.fund
Less advance to constructio
$ 259665043
310,205.02
13369570-43
126221+507
$1399624.68
Revolving Fund.
account $609993.28
n Fund LOSOOORCO 10R991e28
Balance at December 319 1951 $1509617.96
-22-
GENERAL FUND
COMPARATIVE RECEIPTS
VILLAGE OF EDINA
Years ended December 31, 1951, and 1950
Increase
1951 1950 Decrease*
----------------------------------------------------------------------------------------
November tax settlement of previous
year received in current yearn
Accrued -for books
Add adjustment
Tax .settlements - March and June, 19509
March, June, and November, 1951:
Real and personal taxes:
General
Firemen's Relief Association
` Forfeited tax sale apportionment
Interest and penalties
Mortgage registry
Gross earnings tax
Licenses and permits:
Plumbing:
Licenses
Permits
Building
Sewer
Cesspool
Bicycle
Beer
Bowling alleys
Cigarette
Food
Liquor
Pinball
Taxi cab
Theatre
Sign
Dog
Miscellaneous
Muni -ipal Court:
Fines and forfeits
Bail deposit - prior year
Rentals
$ 674832.49
0-
1, 2
$1183751.27
617.68
112.21
87o. o!-
29855.56
2.19 22
183,325.9
$ 19155.00
2,874.55
9,302.':-0
19382.5fl
402.00
171.50
4q o. 00
320.00
288,00
2014. 00
200,00
300,00
60,00
75,00
151.08
466.75
4.00
$2 .7
$ 179144-7.16
lf4- 7.1
300.00
$ 56,046.94
-71*
9 046.23
$113+9137.55
357.86
90.61
456.34
786.59
oo_
$1159828:-q3
$ 1,139.00
3,106.75
10,073.40
1, 34.1.00
496.00
271.55
410.00
160.00
312.00
198.00
200.00
200.00
60.00
7 5.00
145.81
490.00
b oo
8 1896b6.51
$ 149965.25
50.00
159015.-27
320.00
$11,785.55
.21
W-111766.26
$63+9613.72
259.82
21.6o
413.70
2,068.97
119.22
79497-03
$ 16.00
232.20*
771.00*
3+1.50.
94.00*
100.05*
60.00
160.00
24.00*
6.00
_0_
100.00
-0-
_05.27
2�. �5*
00*
9.73*
$ 29481.91
0 00*
29431-91
20.00*
-21-
GENERAL FUND
COMPARATIVE RECEIPTS (Cone °d)
Revervae from State of Minnesota:
Insur,anc.e premiums tax
Liquor tax apportionment
Cigarette tax apportionment
Departmental fees and service chargess
E1e�tion filing fees
Engineering and clerical servicess
Permanent Improvement Funds
Waterworks Fund
Sewer
Garbage
Street repair after local improvement
construction
Street repair after gas' installation
Colleetions on accounts receivable
atcrued at December 319 19503
Park Fund
Permanent Improvement Revolving Fund
Independent School District No. 17.
Other
Transfer of surplus cashs
Sewer District No. 3
do 4
do 5
do 6
Other s
Special
Sale of
Sale of
Interes'
Sundry
Sale of
assessment searches
maps
junk and sundry
L on investments
Grange Hall land
TOTAL
Increase
1951 1950 Decrease*
$ 294,51. 1
99009,12
7.4-29.4.0
18-9890-53
$ 6000
29299.42
-o-
-0-
moo
280,00
To"
_72-9-38T. 42
$ 19500.00
-o=
-0-
62
-o-
oo_
$ 294.00
61.50
114,00
3 57.47
.307035
om
$310'905.02
$ 1956o.61
59916055
139270.61
$ 890°70
39096.27
59619.92
$ 9.00 $ 3,00*
109626.91+
19200,00
600,00
600,00
mom
1+' 2 , 0
S 1.79 7 "7 000
$ 1.9 500,00
49461,60
19017.28
11.50
79012.3
$ 29581-72
614,31
19460.92
1.604.66
96°71
$ 267,00
26.50
63.30
®O®
131,54
00.00
288
$2519217.82
89327,52*
19200,00*
600,00*
600,00*
280,00
4 2.00*
8159202.T2*
$ 49461.60*
1901Q7Q.Q28*
20.04
9450.04*
$ 29581.72*
614.31*
19460092*
1 6o'+.66*
92 1. l*
$ 27,00
00
50.70
357.1+7
175.81
500.00*
1
$ 599687.20
-21,'-
,y
GENERAL FUND
•COMPARATIVE DISBURSEMENTS
VILLAGE OF EDINA
Years ended December 319 1951, and 1950
General governments
Mayor and trusteess:
Salariess
Mayor
Trustees
Publishing ordinances and notices
Supplies
-Other
Municipal Courts
Salariess
Municipal judge
Special judge
Clerk of Court
Assistant Village Attorney
Fines transmitted to state
Supplies
Board of prisoners
Other
Electionss
Salaries ® judges and clerks
Supplies
Village labor
Other
Treasurers
Salary
Premium
Assessors
Salariess
Assessor
Deputy assessors
Supplies
Mileage
Attorneys
Salary
Fees and expenses
Other
Increase
1951 1950 Decrease*
$ 96o. oo
29160,00
215035
1.50
141.58
39478.43
$ 750-00
720.00
19073.61+
613.56
10,00
203.75
1+66o, 50
E 26
39914-71
$ '7570 55
102013
183.28 ,
9�.h1
19136.47
$ 600.00
6. e �
$ 19700000
29767-00
294.00
9945.40
$ 19213.50
19 27.9 0 5b+
0 ®�
29+3300
$ 960000
29160000
286083
65.60
64.91
3953703
$ 900000
275000
21+501+0
357090
90.00
237020
110,52
'1.29
29247.31
19811+028
208.81
376.1+3
1=4. 97
29544049
$ 600. oo
62
.2
$ 19000000
29176.6o
08,00
V-79439.60
$ 19200000
19550.00
1
T-29769-37
-ao
®o_
71.48*
6)+.lo*
76.67
.91*
150000*
x1+5.00
728,21+
355.66
80.00*
33.1+5*
349.98
71.97
19667.40
$ 1'lo6.68*
193.15*
51.1+6 *
19408002*
$ mom
vov
$ 700.00
188.00*
117+. 00
5057-0- . 0
$ 13.50
330.1+6*
12.3.Z*
336-33*
-25-
GENERAL FUND
COMPARATIVE DISBURSEMENTS (Cont'd)
General government (Coat'd)s
Clerks
Salary
Cleric.al s
Deputy
Clerical salaries
Supplies
Postage
Maintenance of equipment
Other
Village hall:
Janitor
Supplies
servi
Light and p
Water
Telephone
Fuel
Insurance
Maintenance
service
0 L. .
o'er
of building and grounds
Planning Commissions
Consultant fees
Other
Dues
TOTAL GENERAL GOVERNMENT
Publi.,; safetys
Police protections
Salaries
Suppli e's
Police radio service
Drunkometer tests
Other
Fire protections
Salaries
Supplies
Insurance
Power for siren
Telephone
Fire school and convention
Other
Transmitted to Edina Firemen's
Relief Association
Increase
1951 1950 Decrease*
$ 960,00 $ 96o0oo $ _o-
39788036
10,823,00
19471067
387022
132025
27.19
11-9589.69
$ 657°72
60,90
498.55
62008
549 0 54
.369,00
5 +e/3
57 'A „217
2997400
$ 1,853 -34
'A.190
n
$ 1985702+
169000
4029
$ 29,y9�80.61
`i"77- 73
700000
150,00
20.52
31,3280
$ 196/3028
22024
145,00
17.00
160030
243,00
134,34
_om
296057.17
39926071
10,596°99
1426° 59
65018
11026
1794210
$ 334.71
69077
52035
4$4094
8593
443.93
33317
17091
74o06o
29563-31
$ 621.51
6
$ 621.-51
1'79.00
369979°
$ 249518050
533-58
700000
120000
67.40
9 2 5 9939077
$ 19728,60
145.00
12000
240000
269060
23022
13835*
226001
83,26*
loo,63
6�soo7*
168-03
$ 313056
.87°95
80 55
13061
23085*
lo5e61
3583
36082
167. ,Ai*
1007
$ 14231083
1,20
19235.73
10000*
8 29174.45
$ .59462011
55085*
_o_
�36088*
59389.38
*
550 2
159.61*
®5000
79.70*
26.60*
111012
2 l04 81 2.104.81*
V-;-99-17.0. 6 29309,92*
�t.
GENERAL FUND_
COMPARATIVE DISBURSEMENTS (Cont'd)
Public safety (Coat' d) s
Inspe1.,•tion services:
Salaries-.
Building inspector
Plumbing inspector
Supplies and other expense
TOTAL PUBLIC SAFETY
Highwayss
Village engineers
Salariess
Village engineer
Assistant engineers
Surveying services
Supplies
Other
Street lights and traffic signals
Street commissioner e salary
Labor
Materials and supplies
San:ita t
Weed
Labor
Supplies
Rental of
Other
Rubbish d i s
Labor
Maintenance
Labor
Supplies
Outside e
Care and
TOTAL SANIT
- Increase
1951 1950 Decrease*
$ 3,376.77
39376.77
210.0,
409897 9
$ 6,4o5.50
12,372.36
8.28
807,899
23.48
11,627.0
4,252.1
16,481.79
12,390.34
Street signs 19415.25
Outside equipment rental and labor 59260.30
Sand.1 -mg and snow removals
Ia. ?nor° 89580-71
Material and supplies 800.36
Outside equipment and labor 545.50
other 86.50
Village, share -of joint street maintenance
1,200.04
86.12
29 3e 3
reimbursed to City of Minneapolis
Miscellaneous
TOTAL HIGHWAYS
ion and waste removals
eradicatior_s
equipment
posals
of storm sewers:
quipment and labor
disposal of animals
ATION AND WASTE REMOVAL
$ 9$2.05�qq
195 :40
77.00
_om
-0-
830-30
570.07
207.14
°om ..
2,861.-g-6
29505-30
3916 . 6 5
2 .11
379179.67
$ 5; 594.50
5,698.08
1'427.31
51.16
10,243.09
39656.85
12,922.67
10,511.67
1,174.13
_a_
79079009
830.02
_o_
150 01
®o®
1.02o.87
09791.9
$ 867.37
297.90
176.90
15.00
67-51
1,3622.63
178.26
-o-
162.88
3,12 .•+
$ 871.}+7
276,09*
41 08
3,717.92
$ 811.00
6,674.28
19559.22*
380.58
27.68*
1,383.9'+
595-33
39559.12
1,878.67
241.12
5,26o.30
19529066*
545.50
71.49
19200.04*
U229051.68
$ 114.68
102.50*
99.90*
15.00*
67.51*
532 J3*
391. 1
207.14
1620-8-8.*
e
2 +9 *
m27®
GENERAL FUND
COMPARATIVE DISBURSEMENTS (Cont'd)
Unallocated expenses
Village share of public employees'
retirment •
Workmen's compensation insurance
Audit
Equipment rental:
Working capital - portion of current
year's charge
Other
TOTAL UNALLOCATED EXPENSES
Contingency:
Storm damage
Tree trimming:
Labor
Other
TOTAL TREE TRIMMING
Capital outlay:.
Buildings.
Furniture and fixtures
Highway
Police
Fire department
Election equipment
Miscellaneous
TOTAL CAPITAL OUTLAY
Reimbursable expendituress
Loan to Permanent Improvement
Revolving Fund
Services for contractors
SeQr.�vides for liquor store,
Sundry
Special assessments on Park property
TOTAL REIMBURSABLE EXPENDITURES
Increase
1951 1950 Decrease*
$ 29166°35
19000.00
29880.00
-0-
101. 1
914 .06
19572.30
388.777
960.13
29491.93
698.86
99851.90
19014.21
49078.45
132.00
1.910.65
209175.00
$ ®om
96.11
6.50
y �2, 4.83
448.79
76.23
Prior years expenses and encumbrances:
Due to other funds at December 319 1950:
Working Capital Fund $ -o-
Park Fund 19000,00
Permanent Improvement Revolving Fund -o-
Waterworks Fund o-
19000.00
Death claim -o-
Auditing fees for year 1948 ®em
TOTAL PRIOR YEARS EXPENSE AND ENCLMBRANMS 8 191000
Salary of health officer 364.41
Civilian Defense 389.17
TOTAL $1969945,77
19035.13
29220.00
209791.79
400
2 93 7.31
-o-
743.57
90.39
33.9
$ 19713.28
677.78
89497.27
793.85
342.77
mom
1.129.75
139354-70
$ 479880.00
16.20
8 .92
-o®
912 .
$ 399709.43
58.95
19759.35
. V+. 6o
$ 419562.33
39500-00
1.111.97
917.30
360.00
-o-
$273,317.03
$ 29166-35
35.13*
66o.00
209791079*
218.68*
$189239.25*
19572.30
364.80*
40
12 .17
VY 778.65
21.08
19354.63
220.36
39735.68
132;00
580090
9823.30
$479880.00*
20.62*
36.70*
60.09*
448.79
9 548.62 *
$399709.43*
941.05
1'714060*
$409562.33*
39500.00*
1.111.97*
$479176 0*
4..�1
189.17
$769371.26*
-28-
GENERAL FUNS
MUNICIPAL COURT FINES - CCOUW."Y AND STATE -OASES
VILLAGE OF EDINA
Year ended December 319 19'
--------------------------------------------------------------------
County State Total
Balare-,e pa.yable January 19 1951 $28+.00 $ 6.50 $290.50
Fines . ollected 10.00 84.00 94.00
$294,05 UO. 50 3 84. O
Transmitted to county and state 10.00 10.00
Balance payable December. 319 1951, $284,00 $90.50 $374.50
4 ..
_2.9s
TOTAL $11+39252..13 $279779.8;2 $39032.50369702.15 $1679362-30
= -------- = - ---------- --------- --------- -----------
_10.
GENERAL FUND
FIXED ASSETS
VILLAGE OF EDINA
Year ended December 319 1951
Additions
Deductions
Balance
Balance
January
Trade-in
Cost of
December
19 1951 Expenditures Allowance
Trade-ins
319 195*1
---------------
Land
$ 69471.00
$ 691+71-00
Land improvements
-0-
29 -822.00
29822.00
Buildings
239131.23
281+91093.
259623.16
Fumniture and fixtures
59851.61
19113:61 132.50
256.40
6981+1.32
Equipmenl,'Gg
Highways
739768.61+
11+9216.97 29100.00
59002.00
859083.61
Police
59491.45
19014:21 800.00
19443.75
5.861.91
Fire
259977087
1+9078045
309056.32
Election
930-58
132.00
19062.58
Miscellaneous
1.629.75
.1.91 ®.65 21o. 6"'
1.540.1+0
TOTAL $11+39252..13 $279779.8;2 $39032.50369702.15 $1679362-30
= -------- = - ---------- --------- --------- -----------
_10.
'
WORKING CAPITAL FUND
BALANCE SHEET
VILLAGE OF EDINA
---------------------------=----------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
December. 319 1951
ASSETS
Case ;mrrent funds .
�
$189082,92*
Due. from other funds o
Gen.a. -al Ftn.d.
$289940048
Pamx Fund
100.00.
Wate:vworks Fund
19000000
Sewer Renal Fund
1000 00
109140.1+8
$129057°56
LIABILITIES
Ac:co r s payable
$ 19433.47
SGzpTu.s'- (balance at 'January-
19 19519
• and Deceniber^ 31, 1951)
10.621+.,
$129057.56
' In3 9.,- .,ates red figure.
-31-
WORKING CAPITAL FUND
COMPARATIVE STATEMENT OF INCOME AND EXPENSE
VILLAGE OF EDINA
Years ,ended December_ 31,, 19519 and 1950
Increase
1951 1950 Decrease*
Incomes
Charged to other funds:
General Fund
Waterworks Fund
Park Fund
Sewer Rental Fund
Refunds and rentals from others
TOTAL INCOME
Expenses:
Gas and oil
Repairs and.replacements
Village labor
Tires and .tubes
Insurance
Fuel
Supplies
Power and light
Telephone
Sundry
Replacement of doors
TOTAL EXPENSES
NET INCOME
$27,376.87
1,000.00
100.00
100.00
76.7
-o-
2,7,-7
$
79350-79
7,086.87
6,802.04
.3,116..54
19618.75
1,021.15
900.25.
316.66
186.00
177.82
-o-
2 8. 5-77.7U
$ -o-.
$22,355.40
19000.00
100.00
100000
23, 0
140.25
$23,695.65
$ 5,543.64
5,484.18
6:,396.23
1,738.20
1,607.80
851.90
325.11
31p6.11
107.40
103.08
1.142.00
2
$ -o-
$5,021.4
-o-
-o-
o-
85j,02l'. 7
140.2 *
1.22
$1,807.15
1,602..69
405.81
1'310.95
169.25
575.14
1.40*
74.74
1.1)+2,.00*
$43881.22
$ -o-
-32-
WORKING CAPITAL FUND
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 319 1951
Balance at January 1, 1951
$ 9,o6o.1+8
Dedum ,ion8 s
Expenves - from income and expense
statement $289576087
Lass accounts payable at December 31, 1951 272141.40
Ba1� le a .De4 ember 319 1951 $18,082.92*
wes red figure.
033®
POOR FUND
BALANCE SHEET
VILLAGE OF EDINA
December 319 1951 _
------------------------------------------------ -----------=-----------------------------------
--------------------------------------------------------------------------------------------------
ASSETS
Cash e k- ,anent funds $59784°13
Receivables s
Relief grant - State of Minnesota. 41aLt -1
Delinquent tares $229.35
Less allowance for unrealized revenue 22 -o- �
$59825054.
LIABILITIES
kc-counts payable $ 163°01
Surplus p umppropriated 58,662, 53
w
POOR FUND
STATEMENT OF SURPLUS_ UNAPPROPRIATED
VILLAGE OF EDINA
Year ended December 'I9 1951
--------------------------------------------------------------------------------------------------
Balances at January 19 1951 $19211.35
Addy -lv:a.or s - reverrae receipts and accruals s
Tax set lemenws collected $69038.36
Relief grants - State of Minnesota 111.50
Reimb a cement from recipient 55.0'
In - erest on investments 3 .lO 6.207.9
6
79 19°31
Deductions - disbursements and accruals8
Sub,u:. ,.,ban Hennepin. County Relief Boards
Relief orders $191+15.62
Administration 141.16 19756.78
Balance at December 319 1951 $59662.53
POOR FUND
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 319 1971
Balance at January 19 1951
Receipts°
Sale of investments
Tax settlements receiveds
November, 19509 accrual
March, 1951
June q 1951
November, 1951
Relief grants ® State of Minnesota
Reimbursements from recipients
Interest on investments
$ 249040*
$29000000
$
2.56
544,38
39279.09
23,214,89
-
69040,92
156021
550 00
1.10, 892 2
$89005-83
fJ Disbursementss
Payments to Suburban Hennepin County
Relief Board:
Relief orders $19849026
Administration 368,44
Medical 4000 22221,70
Balance at December 31, 1951 $59784,13
* Indicates red figure,
-36-
PARK FUND
BALANCE SHEET
VILLAGE OF EDINA
December 319 1951
ASSETS
Cash m current funds
Receivabless
Taxes receivable - delinquent
Les8 allowance for unrealized revenue
Accounts receivable
Fixed assets
Due to ether fundss
Working Capital Fund
General Fund
Accounts payable:
Unexpended contributions for
specific purposess
Cascade pumping contribution
Dwight Williams Memorial Park
Sundry
Surpluss
Invested in fixed assets
Deficit o current fund
* Indi.,t•ates red figure.
LIABILITIES
$ 51+5.61
545.6l $ -o-
88.00 88.00
179993.70
$21+9260.93
$ 100000
4+9,94+8-,79 $ 5904+8.79
$791.73
58.95 $ 85o.68
10000000
1985o.68
179993070
632.24+*
$21+926o.93
-37-
PARK FUND
DEFICIT - CURRENT FUND
VILLAGE OF EDINA
Year ended December 319 1951
Balance at January 19 1951
Addit:i.ons s
Tax settlements received:
.March, 1951
June, 1951
November, 1951
Accrual of Morningside swimming
registration
.Sw mming registrations
Dedu~a ,ions s
Disbursements fors
Swimming
Baseball
Skating rinks
IP Parks and general'
Capital outlay
Accrualss
Swimming
Parks and general
Capital outlay
* Indicates red figure,
$ 29940.23*
$19207.54.
69616,62
4.461,o9 $12,285.25
88.00
569x00 12 42.2
109002.02
$19389,41
519097
49824027
29274.46
77.36 $ 99085047
$19000.00
100,00
448.79 1.548.79 lo96 -i4.26
Balance at December 319 1951 $ 632.24*
W.
PARK FUND
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 31, 1951
Balance at January 19 1951
Receipts -s
Tax settlements:
November, 1950
March, 1951
June , 1951
November, 1951
Swimming registrations
Colle:,, =lions of amount due:from other funds
Cascade pumping contributions
Disbursements:
Swimming
Baseball
Skating rinks.
Parks and general.
Capital outlay
Payments of liabilities incurred
in prior year
Accounts payable
* Indicates red figure:
$ 19545,76*
$4,0.04 :54
1,207:54
6,616 :62 -
4.461 :o9 $169289079
569: oo
1,000 :00
580 :00 18.1+18.72
8169893,03
$ 1,389 :41
519097
49824 :27
2,274046
77 :36
1,500 :00
128 :33 10,713 :80
Balance at December 319 1951 .$ 69179023
M
IV
PARK FUND
COMPARATIVE DISBURSEMENTS
VILLAIGE OF EDINA
Years ended December 319 1951, and 1950
Sw':Y.mmirig s
Instru,,�?tors
Bath house attendant
Bus rental
S-imdry
Baseballs
Coaches
Umpires
Batsq balls, etc.
Bus drivers
S ,�.d: y
Skating rinksg
Labor
Salary of attendants
Power and light
Lumbar
Fencing
Signs
Paint
Sundt' y
Parks and general.
Labor
Water
Cascade pumping.
Park Fund shape
From contribution account
Eck -', pmeayt rental - current year
Flower planting
Summer recreation director
Sundz,yT
Less amount charged to contribution
a v .count
Capital outlays
Ice planer
Staking house - -lumber and material
Sund ,y
Payment of liabilities incurred in
prior years
Equipment ' rental
Annual installment on loans
from General Fund
Accounts payable
* Indic.ates'red figureo
TOTAL
- Increase
1951 1950 Decrease*
$ 19 o650 oo
76.50
. -om
24. 1
T-1-9389. 1
$ 349.00
40, 00
20.40
80 ®00
X0.57
519°97
$ 29261,87
292670 +9
193,72
76.29
-om
-o-
24090
9824,27
$ 1938700'
50.00
-om
-0-
-C".-
102015
700000
35.27
2 9 27
®o®
29274.46
-o-
6
7703
$ -o=
19 5-.00 o 00
1 12
_._
$109713,8o
$ i,o98.o0
89.25
19000,00
259.22
29446.47
$ 286,90
40,00
68.95
75.00
5i . 04
22.99
$ 29398055
29i56. �9
3.0,51
83.70
59o92
2g4Q.25
- -70.71
5,613017
$ 19023,04
50,00
250000
451.70
100,00
118.80
500,00
31.21
29524.7
1+51.70
X073.05
$ 69.20
3-88.18
69.70
2700
$ 33000 *'
12075*
19000,00*
11.11*
19057,0 *
$ 63,00
-0-
48.55*
22;40*
3.02*
$ 136.68*
233075*
37043.
234,22*
83.70* .
59092*
24.25*
81*
788.90*
$ 364.00
°o- ..
250000*
451.70 *.
100,00 *.
16.65*,:
200,00
1+,o6
250.29*
1+51.70
201.41
$ 69.20*
388018*
7.66
9072*
$ 100,00 $ 100600*
19500,00
-o-
1, -00,00
$129782076
-0-
12 823.a
2
$29068.96*
-40m
a
PARK FUND
FIXED ASSETS
VILLAGE OF EDINA
Year ended December 319 1951
------------------------------------------------ - - - - -- --
Balance Balance
January Additions December
19 1951 Expenditures 319 1951
---- ��------- ���------------ T- _�------ ------- - - --------------- ---------- - - - - --
Parks $159820.70 $159820070
Skating rinks 1967+6.85 1967+6085
Land improvements -o® 26,1 526.15
$1797+67055 $526.15 $179993°70
SPECIAL ASSESSMENT FUNDS
COMBINED BALANCE SHEET
VILLAGE OF EDINA
December 31, 1951
Street
Sewer
Combined Districts
ASSETS
Cash $ 62,890.28 $ 439776.22
Investments - U. S. Government securities - at cost 239000.00 18,000.00
Special assessments receivable - current and delinquent:
Certified in 1951 - collectible in 1952
Delinquent
Special assessments receivable - deferred
Taxes receivable - delinquent'
Due from General Fund
Due from 1950 Improvement Funds
Due from Waterworks Fund
Amounts to be provided for future payments.on Village share of
Minneapolis - Saint Paul Sanitary District sewage disposal
plant
TOTAL ASSETS
LIABILITIES
Canceled assessments refundable
Due to General
Accounts payable
Interest payable in 1952
Bonds payable
Payable to City of Minneapolis for Village share of sewage
disposal plant
Surplus - unappropriatgd
TOTAL LIABILITIES
$ 32,032.76
6.456.60
38,489.36
1o8,315.92
17.89
282.47
8,103.38
664.14
$ 20:378.ol
.H2 , 505'.95
661843. .880
144
214.66
8,103°38
Water. Improvement
Mains No. 1
$17,090.04
5,000.00
$ 99599.13
1 2 2
$109832.45
32,761.97
3.05
67.81
664.14
$ 2,024.02
$ 21055-62
2,150. 9
8,710.15
33.720.13 -33,720.13
$2759483.57 $1967178.98 $667419.46 $129885.13
______-___-______ _______________________________
$ 1,154.36
2,461.16
3 185.00
149;500.00
J37,467-92 ,720-13
$275,483.57
$ 1,020.15
2,461.16
3,241.50
92,000.00
33,720.13
63,736.04
$196,178.98
$ 134.21
195.00
589.50
42,500.00
23 3000.75
$66,419.46
- 154.00
12,000.00
731.13
$12,885.13
-42-
^ SPECIAL ASSESSMENT FUNDS
BALANCE SHEET - SEWER DISTRICT FUND
VILLAGE OF EDINA.
December 319 1951
Total Joint,N6,1 No, 4 No, 5 Noe 7 No. 8
ASSETS:
Cash 439776,22 $ 59340.57 $9050 $113e71 $29415.94 $ 69949,17
Inver tments - -Ua. 3
Goverment securities o
at cost 189000000 1190000,00
Special. assessments
.,receivable - current
and delinquent 8
Certified in 1951
collectible in 19 209378,;01
Delinquent 5 11+� 916.62
S 259 520, 79 $ 916.62:$ -0- -0-
Special assessments
receivable - de-
ferred
Due from 1950 tm-
provement Fund
Due from Generall
Fund
Amount to be prom
prided for future
payments on Village
share of Minneapolis=
Saint Paul Sanitory
District sewage
disposal plant
TOTAL ASSETS
669843,80
89103,38
214,66
89103,38
147.57
29000oOO
104 6
19045,69
2 5, 00
332720a1 33,7200,1
$1969178,98 $5992280727 $9,50 $113o7l $29415.94 $109019,.86
_ -_- ---------- - _-- - -_ -_-
L.T,ABILITIES'
Due to General - -Fund-
$ 29461,16
Cancelled assessments
refundable -
19020015
-
$ 25.47 S 15o56 $ 637,11
Interest payable .
11
.in 19 52
3 9 2410 50
Bonds payable
929000000
Payable to .City of
Minneapolis for
Village share of-
sewage disposal, plant 3397200,13
$3397200,13
Surplus •�
unappropriated
6191716A04
250 508A14
. 9A0 HHA2� �s400 A 38 9g18� 2 ®75
TOTAL LTABILI'Ttte
$1969178,98
$599228 -27
$9050 $113071 $29415.94 $lo9o19s86
------------ __---- - -
Noe 9 No, 12 .No, 13 No, 15 No, 16 No, 18 No..l9 No, 20
$39617,35 $ 49391,21 $ 89098.78 $
29000,00
79163,71 $29957,68 $19261,61 $ 517,20 $ 939°79
3,000.00
89346,66 219744.47 239557,90 4,321,53 29726,65 29562,14 31584.45,
251.00 17,109
$4,747,' +1 $1.59355 -�03 $4. 09174. -18 $419292078 $8,792033 $49795,89 $39745,50 $59488,58
--- - - - - -- ---- - - - - -- = = = - - - - -- ---- - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- --- - - - - --
$29461,,16
- 315,78
$ 26,23
$ 191.25 19220,.00 $ 19260,00 $ 240,.00 $ 49.00 $ 112050 $ 168075
99000,00 329000,00 33,000,00 6,5oo.00. 49000,00 39000,00 49500000
1,9970047 62163a78 6572709 .7.30 9,78 2805223 /46007 .6n,00 819083
$49747.41. $159355,03 $409174.18 $419292078 $819792,33 $49795089 $39745050 $59488.58
-43
$ 2,608,30 $
6,817,.00 $
7,36o.33 $1,350.64
$ 643,52
$ 666,16 $ 932,06
$1.2-30.06
19130.0
8,86
111+88.93
1 . 162,.48
7, 19 513.12
161+111
8 807.63
2028
6 6767-17 3 964-34
2, 17,1
930 ,93
,0
89346,66 219744.47 239557,90 4,321,53 29726,65 29562,14 31584.45,
251.00 17,109
$4,747,' +1 $1.59355 -�03 $4. 09174. -18 $419292078 $8,792033 $49795,89 $39745,50 $59488,58
--- - - - - -- ---- - - - - -- = = = - - - - -- ---- - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- --- - - - - --
$29461,,16
- 315,78
$ 26,23
$ 191.25 19220,.00 $ 19260,00 $ 240,.00 $ 49.00 $ 112050 $ 168075
99000,00 329000,00 33,000,00 6,5oo.00. 49000,00 39000,00 49500000
1,9970047 62163a78 6572709 .7.30 9,78 2805223 /46007 .6n,00 819083
$49747.41. $159355,03 $409174.18 $419292078 $819792,33 $49795089 $39745050 $59488.58
-43
J
SPECIAL ASSESSMENT FUNDS
BALANCE SHEET - WATER. MAIN FUNDS
VILLAGE OF EDINA
December 31, 1951
Total No. 1 No. 2 No. 3 No. 4 Noe 5 Nos. 7 and 8 No. 9 No. 10
ASSETS
Cash
Investments - U. S. Government
securities - at cost
Special assessments receivable -
current and
delinquents
Certified in 1951 - Collectible
in 1952
Delinquent
Special assessments receivable -
deferred
Due from Waterworks Fund
Due from General Fund
TOTAL ASSETS
LIABILITIES
Cancelled assessments refundable
Accounts payable
Interest payable in 1952
Bonds payable
Surplue - unappropriated
TOTAL LIABILITIES
*Indicate red figure.
$17,090-04 $1 753.03* $ 54.65 $ 3095.26 $29495-74 $ 59 061.92 $ 59114.35 $1,43,7.22 $ 683.93
59 000.00 5, 000.00
99599-13
1.236.37
$10,835-50
32, 761.97
664.14
67.81
$669419.46
$; 134.21
195.00
589.50
42, 500.00
23, 000.75
$669419.46
1 .14
13.1
19,603-34
126.00
It 729.3
29150.79
2.2
$72,153-04
29 763.09
,
67.81
5,13o.48
6, 66o.'12
664.14
89 841.88
$39 314.78 $67.79
$109855.08
$119973-94,
$_179,422.64
________
_______
$ 63.85 $70.36
30.00
29000,00
19 22C 93
$39314078
$ 87.50 $ 91.00
79000-00 79000-00
2.57* 3976Z,,58 4.882.04
$67.79 $l 8 55.08 $li, 973.04
$ 195.00
117.00
9 v 00Q. 00
8.110, 64
$179422.64
1' 241 o 66 673.90 550-34
W-97999. 3 S 671-95 S-7648-01
?9 421.21 29 591.88
$149 6340 79
$ 154.00
12, 000.00
2.480.79
$149634-79
$1+9703-00
6 6o. oo
39000-00
1.643.00
$1+9703.00
2,116.4o
r
$39448.34
$ ' 50.-00
2,500.00
898.34
$39448.34
-44-
SPECIAL ASSESSMENT FUNDS
STATEMENT OF SURPLUS
VILLAGE OF EDINA
Year ended December 31, 1951
25.00
A d d i
t i o
n s
25.00
Interest
Assess -
Balance
Interest on
on
ments
January
Special Assessments
Invest-
over
19 1951
Certified Collected
ments
Collected
SEWER DISTRICTS
Joint Sewer District No.l
4
5
7
8
12
15
16
18
19
20
TOTAL SEWER DISTRICTS
WATER MAINS
2
5
7 and 8
9
10
TOTAL WATER MAINS
STREET IMPROVEMENT No. 1
$28,145.83
9.50
87.16
2939335
9y373.50
1,951.65
69293.86
69844.70
2;085.42
698.00
593.51
•. 0
3659975-63
$ 19118.24
• 49*
3953.3.49
4963.25
73872.29
2,263.59
1,550.13
821.96
219322.
574
$87,873.o4
$ 521.66
N62.55
9 71.91
270.17
98.13
1.5 _. 72
213.
9093.13
$ 421022
29.89
552.62
373.20
155.50
127.00
,19 9T+3-
313.46
$6,366.02
$147057
$ 1.08
7.03
Note A- Waterworks share of special assessments
Water Main No. 4
B- The composition of interest on investments is as follows:
Collected by Special - Assessment Fund. $ 58.45
Due from General Fund. 282.47
$340.92
*Indicates red figure.
25.00
27.07
$13.45
25.00
48.47
513.45
• 273.11
.11
$ 67.81
$84.38
$ 3 °62
12.43
3.48
19. 3
7. 1
77+.3
-o-
-o-
-0-
$32.98
$340.92
$92.49
Note A- Waterworks share of special assessments
Water Main No. 4
B- The composition of interest on investments is as follows:
Collected by Special - Assessment Fund. $ 58.45
Due from General Fund. 282.47
$340.92
*Indicates red figure.
D e d u c t i o n s
Cancella- Install -
tions and Inte.-est Bank ments on Balance
Adjust- Payable Accrual Service Disposal December
Other Total ments 1952 19.51 Charges Plant Total 31, 1951
-------------------------=------------------------------------------------=----------------
-------------------------------------------------------------------------------------------
$ 147.57 $117-92 $2,667.34 $2,785.26 $25,508..14
�. -0- 9.50
1.o8 -0- 88.24
- 7.03 mo- 29400-38
25.00 $15.75 15.75 99382.75
27.07 8.25 8.25 11970.47
1A21.66 455.99 $ 191.25 4.50 651.74 61163.78
1.00 85.32 19220.00 12.43 1017-075 61927.95
19520.38 19260.00 11.25 19271.25 79032.78
270.17 24o.00 3.26 243.26 2,052.33
98.13 49.00 .24 49.24 746.89
15 .72 112.50 1.73 114.23 613.00
21 .99 168.7 1-2-1 170.66 819.8j,
.8'
-o- $49387-80 9.23 $3y241. 9 9.32 $2,667.3q 7-1627-39 3$6 ,736.0
3 152.19 $ 30.00 $15.00 $ 4.50 8 49.50 $ 19220.93
-0- .01* 2.09 2.08 2.57*
324.84 87.50 3.25 90.75 3,767.58
$371.35 813.67 91.00 3.88 94.88 4,882.04
556.10 $195.00 117.00 5.75 317.75 89110.64
373.20 154.00 2.00 156.00 2,480.79
.155.50 6o.00 2.63 .62.•63 .1,64 3.00
'1.2 -00 0.00 .62 0.62 8 8. 4
371.37 , 5 0-2 .7 00 T-9-7. 0-0 6 589.'50 $14.799 $24-72 -o- 824-21 23,000.77
-0- 313.46 -o- 154.00 -0-. 3.28 -o- 157.28 731.13
$371-35W$7,203-76 $854.23 $39985.00 $14.99 $87.32 $2,667.34 $7,6o8.88 $87,467:92
-45-
a
VILLAGE OF.EDINA
Fiscal year ended December 31, 1951
Balance at January 1, 1951
Receipts
Remittances from county treasurer:
On special assessments
.$611898.95
On bondand interest
levy of 1944:
Sewer District No. 9- 4$42.99
Water Main No -_2 8.'80
51.79
„T
Collections by Village on
special assessments:
Deferred
Collections by Village-for
interest on assessments:`
To surplus
Interest collected on investmefits
Sale of U. S. Government secure ties held by
Sewer District No. 9
TOTAL
RECEIPTS
Disbursements
",Bonds redeemed
Interest on bonds`
Bank service charges
Additional construction costs:
Joint Sewer No. l " $ 117.92
Sewer District loo. 13 85.00
Paid to City of Minneapolis -
sewage disposal plant
TOTAL DISBURSEMENTS
Balance At December 31, 1951
$61,950.74
19496.85
32.98
58.45
5,000.00
$45,85o.o0
5,423.24
87.32
.202.92
21667.4
$ 48,582.08
'68.519.02
$1179121010
54,230.82
$ 627890.28
-46-
S
VILLAGE OF EDINA
-
Year endedDetcember 315 195'
e ru ,, 1, 1. e, d
Balance Remittances Cancellation', fu,- Balar,,Lce
January from County and Delinquent Cc!'Iecvtion December
1951 9 19-1
Tzi..1951 Adjustments Balam-* in 1952 31
----------
----------- -
SEW-FR DISTRICTS,
J int Sewer DistriCt No. I
17
8
9
12
15 13
16
18
19
20
TOTAL SEWER DISTRICTS
WATER MAINS
STUE T IMPROVEMENT NO,, 1
,1
*!-ndi,�a+,es red figure.
p
1
2
3
7
9 & 8
10
TOTAL WATER MAINS
TOTAL
$.19209,,68
87.16
48,,72
129263.61
5.248.18
31858.53
119 527-44
10?836.67
2J40. 14.
966-31
958.57
1,27o.64
�709415.65
$ 86.58
10,09
2 P41+2.75
9020982
9-867,31
296715-54
800
vi- 7 3
0' "3.66
$689332.77
293.06
916.62
916.62
88.24 1.08
55075 7.03
111217092
-0-
1904 0 69
iqo4 '69
49132.96
19115.22
19115.22
39849067
8.86
$ 2,608-30
2 9 617- l6
io,o�8.52.
1�4-88.93
6'811'000
89305093
.2.92
193 0 7�'5
7 6 0.,-3.3
C)8
19977066
162.!-8
1 5'o
�1- .12
802020
164111
64, .52
80L7.63
958.57
666� 0,;1,0'
666,,16
1 .218 03
3L2 2- 8-
_.c, 6
26' .31
4
$ 4 91 295.82 8.11
091+
, 12'7
$25005.,95
$ 170.9,6 $ 84038
2?316.75
29948,86
4 9111, 56
29433.98
969.69
701.01
1 2
69-71*
T-17. 67
$ 619898.95 $ '22-78
----------- ---- =====
10,09
126.0:
2.25
24 a. 56
gr ' fr
6 1 03 - 3 �"-4
2 , 0.79
c!9 "7'6:3 9
2.985 ?067
673.90
T `j9 799-13
110.09
19729.34
2 9153 - 01+
3 - 518 - 84
21099-23
673-90
648 ra
17)
.3 e- 04
�L,ai
$38948.9036
---- --------
.-1+7-
V1 J.JIJ 117E - L1&LJ►J1J►J►J1.11j.L1 l lJ JAEA.0" J. y 1SJ.7 LJ:r JJj; i' 1'J1U%.w1.J
VILLAGE OF EDINA
Year ended December 31, 1951
SEWER DISTRICTS
Number 12
15
16
18
19
20
TOTAL SEWER DISTRICTS
WATER MAINS
Number
7 &8
to
STREET IMPROVEMENT NO.1
Indicates red figure.
TOTAL WATER MAINS:
Certified to
Balance ..County for Cancellations Balance
January Interest Collection Collections b Villa e and December
191951 Spread Total in 1952 Principal Interest Adjustments 31; 1951
---------------------- _- _ - - - - -- __________--________________- _______________________________
$ 10,889•29 $ 521.66 11,410.95 $ 29608.30 $455.99* $ 89346.66
- 27,933.76 1,376.00 299309.76 69817.00 $ 760.75 3$ 13.45 25.91 219744.47
29,446.32 1,471.91 30,918.23 7,360.333 23,557.90
59542.10 270.17 59812.27 1,3 5o.64 140.10 4,321.53
3;272.04 98.13 3,370.17 6433 52 2.,726.65
,074.58 15 .72 ,228.30 666.16 2,562.14
301-52 214. 4.516-51 2.06 84.4
$ 84-459 - 6l $ ,106.58 -8.- .19 .20,37 .0 9000 l3. 30.0 * ; 843-80
$ 6,629.20 -
89874,1d
119161.75
8,905,68
39110,28
2.,519,74
1 ;220,
X452,.
TOTAL $136 ;13247
$ 324.84 $ 61954,04 $ 1,603°34
442°32 9,316,42 2,150079
556,10
119 717. 2,763,09
373,20 99278,88 1985767
155050 _r 3265.7.8 673090
12 ,00 Y2 666 4
$1078-99 - . }� 3; 9 99599M
313,46 108765,77 2,05 862
$61399°00 $1429531967 $329032,76
$ 216,60 $ - 3,42
276.60 12, 3
49.040 3,48
v•...o�
-0-
$1,496m85
$ 32,98
5 ;130,48
$223,08* 69660,12
89841,88
79;421,21
2.9591,88
2 116,40'
223x0' 6.329761-c-97
w 710
$653,16* 01089315 °92
-----------
-48®
Bonds Bonds-- M a. t u r i t i. e s
Outstanding Bb.nds Outstanding .1933 .
January Plaid December Throu h
19 1951 in 1951 319 1951 1952 1953 1959* 1959
$ 119000000
59,00,00
.119000.00
38,;00.00
399000,00
7,?00.00
4900000'0
4 000,00
5'.500.00
1259700,00
47000,00
850000
890000CIO
89700,00
129000,00
139000-00
3 9 5%0000
000 00
29 50,00
149000° 00
$1929350000
$119000o0�
59000,00
29000000
6,5oo,00
69000.00
19000000
oo®
=.9000000
1.000.00
33��00060
29000000
8 50, 00
19000000
19500,00
39000000
19000.00
500.00
500.00
109350.00
2 .� Obo l00
$1 }59850.00
� sd®
99000,00
32,000,00
33,000,00
69500000
49000.00
39000.00
4.200,200
929000000
29000.00
-om
79000000
79000000
9,.00Om.00
129x00000
3 9 000..00
2.5000.00
2,500000
1.000000
$11 +6 9 500000
29000.00
69500000
6,000.00
19 500 0.00
19000000
:500.00
500.00
189000.00
29000000
1-9.500.00
29000000
29000000
29000,00
19 000,.00
500.00
11,000.00
22000.00
$319000.00
$ 29000000
69500.00
69000000
19000,00
19000000
19000000
17,500,00
19000,00
19500.00
29000.00
29000,00
500,00
500.00
79500.00
$ 290001,00
6 , 50o. oo
6,000000
19000,00
1,000000
500,00
500.00
179500000
19 500.00
29000.00
39000000
29000.00
19000000
500.00
109000000
2 X000, 00 , 2.000200
$279000,00 $299500000
$ 39000000
129500,00
159000,00
39000,00
29000,00
19.000.00
2.500.00
399000,00
39000000
19500,00
29000.00
69000,00
500.00
19000.00
1179000,00
6 x,000 0 00
$59,000.00
_49®
SPECIAL ASSESSMENT FUNDS
BONDS PAYABLE AND BOND INTEREST'
VILLAGE OF EDINA
December 319 1951
Interest Interest
Interest Paid Payable
De I)ticn Date of Issue Rata in 1951 in 1952
SEWER DISTRICTS
�11C_ I t- NwLber 8
November
19
_194J
4
1/2
$ 495000
9
February
1,
1942
1
1/2
75.00
12
January
1,
1946
2
11L+
2 6,25
$ 191.25
13
July
19
1946
4
1940.00
19220,00
1.5
September,
19
1946
4
19500.00
19260,00
1.6
September
19
1946
4
290.00
240,00
1.8
July
19
1.947
1
4/10
56.00
49.00
19
July
19
1947
3
3/4
150100
112.50
20
July
1, 1947 3 3/4
2o6.25
168
TOTAL
SEWER
DISTRICTS
. 0
T3-9241.50
WATER MAINS
Number 1
August
1.9
1941
1
1/2
60.00
30-00
2
O` tObe-r•
19
194.1
2
1/2
21..24
_Qm
3
September
1,
1946
2
1/4.
100,00
87,50
41
October
19
1946
1
3/10
110,50
91.00
5
Octcber
19
1946
1
3/:10
1.56.00
117.00
7 and 8
July
1
1.94.7
1
4/10
175.00
154.00
9
October
19
196+7
2
`70,00
60.00
10
Octobe..•
1.9
19-1+7
2
60.00
0.00
TOTAL
WATER
MAINS
� % Z �
S 589.50
STREET IMPROVEMENT No, 1
July
19
1.947
1
4/10
� 182.00
151+.00
TOTAL
$59423.24
$39985.00
SPECIAL ASSESS14ENT FUND
AMOUNT PAYABLE TO CITY OF MINNEAPOLIS — SEWAGE DISPOSAL PLANT
VILLAGE OF EDINA
December 31, 1951
Deferred payments covering bond.and
interest charges:
Year
Amount
$ . 56
1953
2,526.00
1954
2,48o092
1955
29442.86
1956
29390.01
1957
29337°16,
1958
29291.54.
1959
2, 238.51•,,
1960.
29192.71
1961
2,139°43
1962
2,o86.16
1963
2,032.88
1964
19979.61
1965
19302094
1966
l,0040o5
1967
334.79
1968
95.22
TOTAL DEFERRED T-3-2;438635
Last half of installment due in 1951,
paid in January, 1952.
1 , 281 78
TOTAL $339720.13
Note A - Since the certification in the year 1948
(collectible in 1949), no assessments have been
certified because of the existing surplus in
Joint Sewer District No, 1 and in the Sewer
Rental Fund which,it is expected,will be used
so far as available to cover additional peyments
to the City.
-50-
IMPROVEMENT FUNDS'
COMBINED BALANCE SHEET
` VILLAGE OF EDINA
December 319 1951
----------=== . == = =1g50 Improvement - = --- Improvement
Improvement First Second First Second
Total Construction Revolving Series Series Series Series
ASSETS;'
Cash-on °posit
Re-.9i-'ablest
Spe -_i.al assessment receivable -
current and de " linquent°
Certified in 1951 Collectible
in 1972
Delinquent _
Tares receivable current
Special assessment receivable -
deferred
Taxes rez�,eivable . - deferred -
Acc6unts reeei.vable from contractors
Due from other funds
Due from Construction Fund for
advances
Construction in Progresse
56093 .37093 $ 4209006,39 '$ 889263.61;
1259592 076
23 9161.31+
2.4o0.00
3959:52.38
12 9,600.00
29228.9-'-7
49501.90
612.9398.59
29224.21
679791+,11
16,812.87
11+89205.97
39851.26
$ 11+9706.71- $ 33998+,12
319259.37 199293.10
59621,64 726,83
19700.00
1189291.x.7 949300027
79500.00
4.76
166,77
6421+1.95 459861.05
$ 835-68 $ 2951+1.36
79246.18
700.00
31+935+.97
59100.00
483.87
609297.59
5009000,06
Current 2559,323oO9 2559323.09
Defer red 362. _101065 63 2,_ioi,,65
$293579998,61 $190 99855.31+ $321+9927.85 $1859325.63 $191+-9332.11+ $1099016.29 $5029541.36
----------- - ®- ________- ----------- ----------- -----------
LTABILI`rIES .
Due to other funds
Advances from Improvement Funds
Loan from General Fund
Iocounts payable.
Accrued interest _
Water main and sewer connection de-
posits
Construotion contracts payable
Reserves
For c ntingencies
For debt service
For uncollected taxes
Bonds payable
Surplus - unappropriated
559876.11.
97.59
1+79503.78
29896.1-5
59318.29
612,398°59
6129398059
509000,00
509000,00
1965901+7
999051
12.61+
647,32
39665,66
995.33
896.00
771+ -33
19000.00,
99693.68
99693068
3679665o48
3679665,1+8
349474x82
15981+8.57
69785.15
129105.08
263.98 *•
2;29000,00
2529000.00
129600.00
79500,00
59100.00
9279000,00
1589',0,00000
1689000,00
1019000.00
50090000.00
28.964.80
8.575299
9911+80
2,9
1 .758.62
1.5E+1.3,6
$293559998.61
$190399855031+
$3249927,85 ,
$1859325.63
$191+9332.11+
$109 9 016 0 29
$502;541.36
=== __________
______ = = = ==
-----------
-----------
___-- ______- .
= =---------
*Indicates red figure.,,
Y:�,te A - The liability for the - outstanding bonds of the Permanent
Improvement Revolving Fund is reflected in,tAe balance
sheet of the Debt Service Funds,
51-
IMPROVEMENT FUNDS
STATEMENT OF SURPLUS
VILLAGE OF EDINA
December 31, 1951
Deductions:
Transfer to Debt Service Fund for interest
Interest on bonds:
Paid during year
Accrued at December 31, 1951
Printing bonds
Advertising -
Fiscal agents service charge
Adjustments of interest on assessments ,
Unallocated construction costs charPed off
Balance at December 319 1951
* Ind:icates Red Figure
$ 67022.50 '$ 69022.50
3, o160 oo
3,665.66
138.00
52 .2255
7.54
9.112..08
322. 121.0
$28,964.80
69.99
18.51
9.112.08
1 5-.2-27-.70
$ 89575°99
19224.5. 9300
948
6.48
4o. 6o
$9,148.70
19 g9296. oo
10.08
1.42'
Ir 26- r
9
$ 79940-13
$ 774.33
14.58
ro ;15*
0
$1058.62
$19000.00
8.64
91. 00F.'N
$19541-36
0
52-
Permanent
1950 Improvements
1951 Improvements
Improvement
First
5econd
First
Second
Total
Revolving
"Series
Series
Series
Series
Balance at January 1,
1951
$19,820034
$139465.88
$ 19153.15
$ 59201031
$ mo-
$ -o®
Additions:
Interest spread on
deferred assessments
for collection in
1952
26, 082.50
10, 252.96
89563-33
5, 415.01
19851.20
Interest collected
by Village on prepayment
of assessments
28.35
6.19
.89
20.47
.80
Premium on sale of
bonds
19575-00
8.28
16.72
19550.00
Accrued interest on
sale of bonds
1,106.12
35.14
70.98
19000.00
_
Current portion of
special levy for bond and interest
2,400.00
19700.00
700.00
Special assessments
on property owned by .Waterworks
Fund
47 . o
,6 86.35
740 04
$239799-07
5119M.79
$09636.79
29 39.70
2, 0. 00
Deductions:
Transfer to Debt Service Fund for interest
Interest on bonds:
Paid during year
Accrued at December 31, 1951
Printing bonds
Advertising -
Fiscal agents service charge
Adjustments of interest on assessments ,
Unallocated construction costs charPed off
Balance at December 319 1951
* Ind:icates Red Figure
$ 67022.50 '$ 69022.50
3, o160 oo
3,665.66
138.00
52 .2255
7.54
9.112..08
322. 121.0
$28,964.80
69.99
18.51
9.112.08
1 5-.2-27-.70
$ 89575°99
19224.5. 9300
948
6.48
4o. 6o
$9,148.70
19 g9296. oo
10.08
1.42'
Ir 26- r
9
$ 79940-13
$ 774.33
14.58
ro ;15*
0
$1058.62
$19000.00
8.64
91. 00F.'N
$19541-36
0
52-
IMPROVEMENT FUNDS
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 31, 1951
- Permanent
1950 Improvements
1951 Improvements
Improvement
First
Second
First
Second
Revolving_
Series
Series
Series
Series
-------- --- __ _=___
Balance January 1, 1951
$ 289393.70*
$ 49671036
$459564056
$ -om
$ -oG
Additionss
Remittances from County Treasurer
$1019177016
$11,410067
$229896.21
Collections by Village on Special Assessments:
,Principal
Interest
2,647006
6019
4,732.81
.89
119821, 4,2
20047
$ 837.$0
Coll -ection on property to be assessed
16.58
Proceeds on sale of bonds:
Principal
509000.00
1019000000
$5'00,000.00
Premium
8.28
16.72
1y550.00
Accrued interest
.-74
70.98
1900000
.Collections from other funds:
1950 First Series Improvement Fund
50 001.48
1950 Second Series Improvement Fund
1,594,38
Increase in customers deposits
3151+7092
Collection for. the General Fund
618.00
Ded'uc1 ira c,ns o
.Construction costs:
Increase in construction in rogress:
Balances at December 31, 151:
Current construction
Deferred construction
Balances at January 1, 1951:x.
Current construction
Deferred construction
$.231,67517
3 21301 $5939976.82
$
469156.g3
10.625. 7
Less increase in contracts payable:
December 31., 1951 $364;897029.
January 19 1951 394327.58
Less cle-rical and engineering charges
from General Fund
Construction costs charged to others:
Accounts receivable
1950 First Series Improvement Fund
1950 Second Series Improvement.Fund
1951 First Series Improvement Fund
General Fund
Decrease in accounts payable
Refunds charged to special assessments
Charged direct to reserve for contingencies
Payments charged to other funds:
General fund
Permanent Improvement Revolving -fund
Water main connections
Interest on bonds
Legal fees
Printing bonds
Bank charges
Advertising
56,782.20
$5379194.62
25.569.71
$2119624091
16 o4. 3,o
3191+2720.61
12,224.21
316.o4
12,914071
39,083.11
1.867.56
BALANCE BEFORE TRANSFERS
(Carried Forward)
$159,612-19
$1319218.49
$2539126.24
339.83'-
lo4.66
15-34
21299.42
Construction
= = == Fund== = - =__-
$ -om
' r +��00 101 2 0 02 0.00 -0-
70, 9.1,E 0,302 - 1019942- 02, 0.00 5 -o-
$50,001.48
315.00
1,836.00
345.68
6.48
$ 19085
19594-38
2,155.96
2,688.00
507.43
10.08
$255.885049, 2 r,+�
$121+1667.00*,, 1 929 .3 1 $739326.86
92.32
14.E 8.64 .
10-6-. 90 -fie U� a -0
1019 35.6$ 1502 , 541-36 -o-
�53
IMPROVEMENT FUNDS
ANALYSIS OF CHANGES IN CASH BALANCES (Con'd)
Permanent
1950 Improvements
1951 Improvements
Improvements,,
First
Second
First
Second Construction
Revolving' - --
Series
Series
Series
Series Fund
Balance `before transfers $124`667:00
$18, 294, 31
$73, 326.86
$loly 8350 68
$502, 54 .36 $ -o-
(Brought.,forward)
Transfers:
In settlement of interfund accounts:
To Permanent Improvement Revolving Fund
To Construction Fund
To 1950 Second Series Improvement Fund_
Transfer to construction account:
From improvement funds
From General Fund
2739923-92 316.04* 129914.71*
97.59*
12 3 21. 60
3 t 173, 94* 27, 749.63*
To general fund in settlement of Permanent Improvement
Revolving Fund interfund balances 6049-1.28* .
BALANCE DECEMBER,. 1951 $ 88-263.64' $14,7o6.74
*Indicates red figure. �•.
v
a
$33,984_12
39,083. ll*
2990 70*
1, 321.60*
2219610.06*
397.29
60, 295.59* 5009 000.00* 591, 219.16
50,000..00
835_68 $ -�2, 541_36 $4209006-39
= = ==
f,
III
VILLAGE OF EDINA
December 31, 1951
1951
Permanent 1950 Improvement's Improvement
Improvement First Second First
Total Revolving Series Series Series
_ ___ _ _- _=______= __________- ____== __= __- ____ =__
Balance January 19 1951 $158,734.76 $1179943.41 $179168.31 $239623.04 $ -o-
Additions:
Certified for collection in 1952
Deductions:
Remittances from county during year
Cancellations and adJustments
Balance at December 31, 1951
*Indicates red figure.
Note A - The composition of balance at
December 31, 1951 is as follows:
Certified in 1951 for collection
in_ 1952
Delinquent
TOTAL
125l522. 6 67.794-11
$2841327-52 1 •737. 2
$1359484.04
.89038
]D15.573.42
$1489754.10
$125,592.76
2.3,161.34
$148,754.10
$1019177.16
46.62*
1019130.
$ 849606.98
$ 677794.11
16 ®812.87
$ 849606.98
l
$46-9427.6b
$119410.67
136.00
Tl-16546.67
$36,881°01
$31,259.37
.621. .64
$36,881.01
190293-10 46 . 8
$429916.,11T $7, 2 .1
$22,896.21
$22.896-fl-
$20,019.93 $79246.18
$199293.10 $79246.18
726.83
$209019.93
$7,246.18
-55-
Balance
January
19 1951 Transfers
PERMANENT IMPROVEMENT REVOLVING FUND
CURB AND GUTTER
Street improvement No. 6 $ 29739.38
7 19172-36
17 433.46
18 29315.46
28 399-63
'
29 11214 -1. 3
8 19745.13
5 2,411.27
129430.82 -0-
SIDEiWALKS
,St'reet improvement No. 54 $ 290000 -0-
SANITARY SEWERS
District No. 14 19699.0
17 19102025
199 3027.55
4
22
India,nola 19.08
2-9 2 -o-
STORM SEWERS
Storm sewer No. 11 29093.28
-
13 419.4 9
15 452 9. 72
$ 79042.29 -0-
WATER MAINS
Wate-r main No. 6 $ 29078082'
11 49244.6o
12 219081.27
1 49214.52
14 199854.67
15 69910012
16 49268.05,
17 19 82-70
18 4.9087092
19 lN83-57
20 2% 11. 2
6 899117-76 -0-
STREET LIGHTING
Street improvement No. 34 $ 99050-38 -0
IVABLE'- DEFERRED
VILLAGE OF EDINA
Year ended December 31, 1951
Cert -d 'o
Assessments Spread County for
Can-,ella"ons B a"' a rL c
Supplement Cons ,ruction Reserve for, Inter: st C - ol 1 e to ion C ol 1 e "a d and December
Assessment Costs Contingencies Total Spread Total in 1.952 By V11.1age Adjustmen"'CS I
-0-
$
-0-
-0-
v- -70-1 - f- -0- y- ° .
-0- •- -0-
1$777�7--
S -0-
0-
131.43
58.54
12.96
69-31
20.02
6o.53
87.20
120.29
S 560.28
2.4040
$ 81-,.27
85.12
395-04
66.24
Q Cf
32a 2.
lo4.6o
20.92
215.o8
-3 -6 0- -.6 -0
103.97
211.88
19053-90
200.08
969-5 '4
345 67
1.82.63
79-10
2o4.25
920-11
. '1-52-32
491+-23
6 452.87
$ 29870.81
19230-90
446.42
29 84077
3419.65
1927.4.66
19832-33
2a5 1. 56
5 129991.10
$ 304-40
$ 19784.87
19787-37
89302-38
19393-79
20.01
S 139298
S 29197.88
440021
4.764.8o
79402.89
S .2182-
499456.48 79
229135-17
4,414060
20 9824.21
79255-79
49450.68
1,661.8o
49292-17
.199303.68
2,563.84
S 939 1.21
S. 99503.25
$ 15447.95
614-78
229.71
19227-15
153.2 5
465.25
668.9'r
304.40
$ 1, 58401.6
110. 70
$
T -0- T-70-
2120 52
462 r/-1
611.45
9 170.08
170.0 6
$ -0-
$ 1,314.46
216-71
1,157.62
266.4o
8og.41
19163,42
$ 19359.8
61777.71
19137-90
12.`2
109649.91
1,744.34
349.3"'
1+, C C2 8, - 3 5
9 122! .04
19663-05
3,639.25
.18,o6g.56
3,430.26
16,621. 51
59924.22
3,133.70
1.9 356.6 8
39576.86
169085063
-2,110.08
7'9610. - SO
S 79919-09
- qA-
'A-- 5. 03
4ec- 5. 56
1,.-24.67
255-89
7
1+0
453.)4
9,0."-"6
a06 ,.dam
19-4-50 .93
817 °'23
4,o65.6i
771.8)25
19331.57
705 - 53
10 5.12
717 °31
3218.05
4 5--z
1.76
$ 1, 58401.6
110. 70
$
T -0- T-70-
2120 52
462 r/-1
611.45
9 170.08
170.0 6
$ -0-
$ 1,314.46
216-71
1,157.62
266.4o
8og.41
19163,42
$ 19359.8
61777.71
19137-90
12.`2
109649.91
1,744.34
349.3"'
1+, C C2 8, - 3 5
9 122! .04
19663-05
3,639.25
.18,o6g.56
3,430.26
16,621. 51
59924.22
3,133.70
1.9 356.6 8
39576.86
169085063
-2,110.08
7'9610. - SO
S 79919-09
- qA-
PERMANENT IMPROVEMENT REVOLVING FUND (Cont' d
GRADING
Street improvement•Noo.30
31
32
35
336
47
2
43
BLACKTOPPING
Countryside
Valley Vie' w Heights
Street Tmprovement No.
4
9
10.
12
1.4
19
15
22
24
25
26
27.
33
39
440
46
47
48
49
�o
52
55
TOTAL PERMANENT IMPROVEMENT REVOLVING FUND
Balance
January
19 1951 Transfers
S 261ao5
19500
452.97
1,742063
2,210063
1,042°22
636064
9 1
$ 41279.01
1,986063.
994.55
617048
1,345088
198o10 56
989.90
18o 0 90
3,o63096
1,25084
/9162073
233 0 "-
2926900+
2,048043
154044
1,010094
1,261010
4o9076
1,084068
1,414064
5,666002
893.4o-
29407-74
. 916.95
19401-63
479:58
19369039
8,074015
11,287078
8,105066
40
68.907.R
20 93 3.
�— - 0-
$584023
84.
t5284.23
PECIAL ASS:
(Cont °d)
___--- -- -_____________ - --
-- --
Certified to
Assessments Spread County for Carilellations Balance
Supplement Construction Reserve for Interest Collection Collected and December
Assessment Costs Contingencies Total Spread Total in 1952 By Village Adjustments 318 1951
___-___--_________________________________-________--______________ _______________--__- ___-- ______ __-______-____ _---- _____________- ______ - = =__=
°o-
$19259028
§192 a28
$19259.2b
- o°
o-
._ -.-
ego
00
e ne
12045
8056
22061
87012
110044
50098
15032
15.81
323-31
213.97
9936
49091
30096
64067
90.04
49045
9005
129,0 -46
37-49
58034
11066
113032
102.52
7.74
50. 5�
60.64
20049
54,28
70-74
294.23
11464044
45.59
70008
23.96
68039
391039
66506
405°18
-1 48 5. 4J
1092, 2.9
273050
203056
475-58
19829.75
2,321007
19093.20
651096
O
7,1 199
$ 49492098
29085099
1,o44a46
648o44
19410.55
19891060
19039035
18995
3,19J.32
1928033
1,221007
245009
29382-36
29150095
162°18
1,061048
19321074
430025
19138°96
19485038
5995925
937070
29524.18
962.51+
19471071
503-54
1s437o78
89465054
13979635
8,51o.84
782.87
2
21
89450.01
223.74
178 0 06
475-58
1,82975
29321007
19093020
333 ,f ,4M
O V
97W17
.73
49492 98
29085.99
547.37
339-71.
710.50
990.87
544045
99.51
19425005
662096
445092
89048
869067
785.3.3 .
59022
81.02
8 7 0 52
430 025
41584
542°29
29181090
342-10
893.42
351024
537029
183.82
524086
3,007.60
4,803.75
3 91$7.807
2 2 0
7979 .11
49076
52. 55
318-00-
20 -.3i
.S 54c24-
472092
76080
225051
29627.0
$ 2705
2700
197013
4--&-
497.09
308073
645081
900073
494090
90044
19295035
625.37
775.1;
19,512.69
a 69
19365062
102096
673096
84o.72
723.12
943-09
3977735
595060
1, 553.96
611030.
934042
319 0 7?�
912092
59232043
8,992060
593.07
20
51489205-97
57-
GRADING
Street improvement No. C -1
C -2
BLACKTOPPING
Street improvement No. A -1
A -2
-A
TOTAL 1950 FIRST SERIES IMPROVEMENT FUND
1950 SECOND SERIES IMPROVEMENT FUND
SANITARY SEWERS
District No. 25
27
28
29
WATER MAINS
Water main No. 22
2
25
26
27
218.40
14"49.-1.57
1+71197 —o --
$ 196570 57
1, 566.52
59 3 54.5$ $384046
2 186000
10 4.:EZ-
1-509476-77 N37277
$ 9.9690083
89618040
13,212.22
4: 644064
3 91 009
39424031
29976014
479715018
99858056
69660068
78946 le 9
Balance
January
19 1951
Transfers
1 50 :FIRST SERIES IMPROVEMENT FUND
CURB AND GUTTER
Street Improvement No. B -1
S
29621016
B -2
517-10
3,15 02.
�o°
SIDEWALK
Street impro- ,trement No. D -1
S
523088
$ -o-
SANITARY SEWERS
District%; No. 23
�
49082040
24
139862061
Truck Sewer No. B -1
-.0-
17 9 9 0 01
0-
WATER MAIN
Water main No. 21
$
39372098
-o=
GRADING
Street improvement No. C -1
C -2
BLACKTOPPING
Street improvement No. A -1
A -2
-A
TOTAL 1950 FIRST SERIES IMPROVEMENT FUND
1950 SECOND SERIES IMPROVEMENT FUND
SANITARY SEWERS
District No. 25
27
28
29
WATER MAINS
Water main No. 22
2
25
26
27
218.40
14"49.-1.57
1+71197 —o --
$ 196570 57
1, 566.52
59 3 54.5$ $384046
2 186000
10 4.:EZ-
1-509476-77 N37277
$ 9.9690083
89618040
13,212.22
4: 644064
3 91 009
39424031
29976014
479715018
99858056
69660068
78946 le 9
N
6
w
(ContId)
Certified to
Assessments Spread County for Cancellations Balance
Supplement 'Construction Reserve for Interest Collection Collected and December
Assessment Costs C'ontin'gencies Total Spread Tot. a1 in 1952 By Village Adjustments 319 1951
Z 0-
$ -0-
1,
4 6, 9, `'h .
`f
9963o7
$ -0-
-o��,
-0-
9
963-
+7
9 -
$ °a-
4 . 71
5943 .71
-0-
$ �od
8.18
959578.16
$ 13O.8o
26-70
-15 -t-. o
$ 2617
204.39
656021
310 59
168032
$ lo.8i
--- �--_- �--m -- -- 7
724-75
, b
83.19
75.41
376.31+
109.25
959,70 9563.33
$ 445.42
431.01
614.49
x.46 4
.
$ 160.8,5
127.07
29186.26
461.22
341-50
22Z.22
534-17
$$297�61�96
$ 3 9315" -76
$ 550.05
49286.79
149 512.82
101.555.17
$1209354.78
$ 3,541-30
y 2299021
1. 52,18 . 12
15,,44 7. 53
$ 19740.76
19641.93
69115.3$
2.295.21
119Z93.12
$ 10J36.25
99049.41
13 982607'1
1 -79098
3i o3o35
$ 39585.14
39103021
499901.44
109319.78
79168.18
7.918.01
19995.7
$ 786.09
160.
947.
$ 157.14
657.99
29095.10
15.078.39
9 179631.46
$ 542 -.54
$ 229.21
7.971.53
9200..
497 58
453 . o.
197.91.88
817.92
3192. 937
1943665
19388..6.
1,976.46
4 �;
2 77.
$ 17.81
i. 10.20
79029.71
19488.83
19100.02
827.64
119374.21
970°77
$
-0-
-0-
$ -0- .
$, 858.60*
139-21
719°39*
-0o
S 56..04
8 56 .0
769.66
831.74
1.706.02
$ 39307.42
S 211.50
447.80
1+9124.28
608.57
2.527.49
79920.
719.39*
$ 138.15*
13 .15*
$' 19.85
$ 19965.87
402.8
9-29368-70
$ 392.91
$ 39628080
119559-12
81.939.22
S 979127.14
$' 29998076
$ ®a®
7.246.
$ 79246.79
$ 1,243.18
19132..86
19��3.50
1
S,1189291-17
79929-94
79660.80
109880036
2.612.21
S, 299083-31
2,855.83
29265.o6
389747.45
89221 .38
69068.16
4.562.88
29720.7
MM
r
Balance
January
19 1951
--------------------
Transfers
1950 SECOND SERIES IMPROVEMENT FUND (Cont'd)
GRADING
Street improvement•.No.
C-3
� 548005
C-4
29011045
C-5
19084060
C-7
19327020
C -8
1400 5
-0-
TOTAL 10/50 SECOND
SERIES IMPROVEMENT FUND
$1209113003
FIRST SERIES IMPROVEMENT FUND
.211
SANITARY SEWERS
District No. 31
-0-
WATER MAINS
Water main No. 28
29
-o-
30
-0-
31
-0-
33
-0-
35
-0-
$ -0-
-0-
GRAD I N G
Street improvement No.
C. 6
$ -0-
C-10
-0-
TOTAL 1951 FIRST
SERIES ,IMPROVEMENT FUND
TOTAL
$3769943.34
$968.69
Indi;_gates red figure
IVABLE
(font °d).
Assessments Spread Count; foz Cangellations
Supplement Construction Reserve for Interest Collen -t10r Colle, 'red and
Assessment Costs Contingencies Total Spread Total in .1952 By Viiiage Adjustments
-0-
-0-
$` - o-
o-
$19259.28
$ 19544,07
$ 119995.98
9892021
,123.23
37993371
4.8616.96
369028.86
6 298851.96
1 2.
$135995735
$ 3.71
1 .60,
94044*
44003*
39003*
30.85
120.03*
2 3.0 *
17.18
11.79*
14.61*
1:2±
$679073
I
I
$ 1,'547.78
$, 12,009.58
39797-77
4,079.20
7,894,68
3 929781
466.4
3 _ 977 .7
$ 29869.14
866.2,�0�
1.05b.90
$136,637.o8
25078
91.79
E 0,,01
6,,'363
J
243.
59415-03
$ 72.03
519074
157-34
189072
366.67
153-53
219027
1,606.27
1�0
1 2. 0
Y 1.20
$26,082._50
$ 573.83
29103 .2
19134.61
19393.53
523.72
5.728091
$1257 528.04
$ 19619.81
S 12,529032
33,95511
x+,268.92
8,261035
3 , 4510'34
4 16.ol
-3793 8 2.0
$ 39o06067
L 910 . to
$541,890.89
$ 284,,67
19011.30
560.37
729.93
851
199293.10
$ 226.81
$ ,636.95
491.75
827.10
1915'6.14
483 -31
1 o16. n
11.36
1,o78.9:,
'° 2 .10
1 0 101
2 O1'
$1259592.76
30.28
64.38
`�24�16
$119621-32
$ 837050
t 2.00
20
O
113.35*
$ °o°
$ 441"45*
37 0 50 ;;1 +5*
$20,038.69
30.00*
0.00*
471.4
$1,107.06*
Balance
De cember
319 1951
$ 258.88
919.50
5o9.86
6�J 1J6�
2
PcY
L 0.10
T70.27
$ 19393-00
10905+.87
39021.91
3944Yo82
7,105021
29968.03
3 ,, 899. o
37 30� 479 J
$ 198920476
O
2 '0.23
$3959152038
59-
PERMANENT IMPROVEMENT REVOLVING FUND Note A
CURB AND . GLITTER
Street improvement No. B -3
B -4
B-5
B -6
B-7
Drew and Chowren
Yvonne Terrace
Wooddal e - West 50th to West 56th Street
Balance
January
19 1951 Transfers
S 4069
SANITARY SEWERS
District No. 30
20060
32
3
36
37
38
39
4o
Wes- 48th Street
3024
York Avenue - 58th to 59th Street
5.54
York Avenue - West 55th to 154 feet North
STORM SEWERS
Storm sewer No. 12
19361065
i.4
275.90
16
39299046
19
152.62
20
746-73
21
28091
Oak Drive
89930043
WATER MAINS
Water main.Noo 28
129005049
$1290o 5049*
29
39824035
39824035*
30
39814034
39814034*
31
140oo
14000*
32
16030
34
37
38
l+0
41
42
Ewing and Drew
a
`f
IMPROVEMENT FUNDS
CONSTRUCTION IN PROGRESS -
CURRENT
VILLAGE OF EDINA
Year
ended December 319
1951
A d d i t i
o n s
Contractor
Administrative
D e d u c t i o n s Balance
Contract
.Extra Work
and Additions
Total
and
Engineering
Other
Total
General Fui,.d
Share
Assessment Reserve for December
Spread Contingencies
- - - - - - - - 319 1951
$ 29463090
174.75*
$ 29289.15
193001
S 146-38
S. 29628.54
29628.,54
(2)
59452-87
111037*
5t341-50
436097
163067
59942-14
59942014 942.14
(2)
2,910.6o
19845000
284.lo*
252070
2,626.5o
29097070
210012
169028
22.92
29859054
2,3o6.61
29859 54
2,306.61
(2)
(2)
29986029
53.16*
29933-13
236.1+8
.��.63
.21
3921-082
!�
4.69
39213.82
(2)
.69
-0-
1062
1062
1062
22.41
22041
22041
89655-30
29683.62
3 51+..8 7
8,300043
298362
664003
214:69
18
44�.-90
99030.24
29945-21
99030.24
29945.21
(1)
(1)
2, 7060
28.4o
2,676.00
22503.9
164024
3,o65.63
39065.63
(2)
6981 .31
69814-31'
551014
96.25
7,1+61.7o
79461-70
(2)
389219.14
389219014
39117.33
838.
4e-9175-01
429175001
(2)
10'9015.29
109015029
809.06
79. 9
187.41
79-69
119011.76
79.69
11 . 9011-76
(2)
(2)
29571.75
21571.75
2o6.�5-
26.82
27-91
26.82
2,8o6.ol.
26.82
2,8o6xi
(2)
(2)
29177-84
29177.84
174.
23.86
29376.16
29376.16
(2)
3024
302 4
-0-
19421020
45.1o*
1,376.10
110009
17066
5.54
19503.85
5.54
-0-
19503085
(3)
19361.65
193.61665
(3)
275.9:0
27590
(3)
39299.46
3929901+6
M,
140.16
292-78
292078
(2)
6,681+.90
6,684.90
551013
233-95
746-73
79498.89 9
746073
79498089
(1)
(1)
89930:43
.8 9 930. 43
(3)
-0-
-0-
-0-
-0-
109758-75
119151-72
1 2.15
37063
-0-
129097-80
0-
129097080
(1)
169467-71
9J92-97
298o6.26
199273-97
79541.92
121077
209937.66
209937.66
(1)
J,525o46
39525.46
282o4
51.52
39859.02
39859o02
(1)
9973090
8.70
69982060
622.27
820.05
89424.92
89424.92
(2)
71828.21-
7,828021
6�5'- 70
139.81
89603-72
89603-72
(2)
219742.65
39712-77
219742.65
197 8.52
161075
62.25
2�9652.92
2 9652092
(2j
39712-77
300-30
9075-32
907532
(2
26.02
26.0?
26.02
(2)
3.24
3.24
3.24
(3)
1.08
1.o8
1o08
(3)
acne
PERMANENT IMPROVEMENT REVOLVING FUND (font ° d)
GRADING
Street improvement No. C- 9
C -11
C -12
C -1
C -1
C -15
c -16
C-17.
.c -18
Brookside Heights
York and Xerxes between West 56th
and West 57th Street;
Harrison and Belmore Lane
BLACKTOPPING
.Street improvement No. A -12
A -13
A -1
A -15
A-16
A -17
A -18
A -19
A -20
A -21
A-22
A -23
Woodland Road
West 49th Street
Wind-Road
Unity Avenue
Beard Avenue
Ewing and Drew
Yvonne Terrace
OILING
Street improvement No. 0 -1
0 -2
. OG�
0-
o -6
0 -7
0 -8
0 -9
0 -11
0 -12
0 -13
0 -14.
Balance
January
19 1951 Transfers
S 29540023
19059-70
19304031
5.09
19028077
1a439.5�
990020
1 9 280 0 90
1°^3 084
11013
181036
226096
324.09,
222.00
285-50
301-31
1,
IMPROVEMENT FUNDS
CONSTRUCTION IN PROGRESS - CURRENT (Cont9d)
Contractor Administrative'
Extra Work and
Contract and Additions Total Engineering Other
----------
502.o8,
262.92
S. 765.00
f 58.54
$ 72036
859-05
8088
867093
69043
26078
812046
364014
1,176.6o
94-35
30091
1+72.50
472.50
40.41
-21.72
49
876.10
876.10
54-o82
70.09
.41
707.72
22012
3.60
3.24
19982005.
88097
29071002
268013
3.24
19927.35
19927-35
157044
48071
19029000,
19029000
188040
19333.27
7-31
8.46
19122000
lv122.00
96004
100.24
455-70,
455-70
38-70
50062
19.28
3.24
9.35
3624
612.50
l.o8
1.62
3.24,
142.50
132.62
1.28
130.28.
•s
De d u c t i o n s
Balance
General .F"und. Assessment' Reserve for
December
Total
Share_ Spread Contingencies
319 1951
$ 29612.39
M
29612039
(1)
89. 090
890 90
(1)
96014
96 014
(1)
19301086
19301086
(2)
21072
21 072
(3)
566.40
566.4o
(2 )
441
4041
(21
762.54
762 , 54
(2 )
. 968031
968 ,,31
(2)
19059070
19059070
(3)
3.6o
3.6p
®o.
. 3.24
3.21+
-0-
3964346
39643'46
(1)..
3024
(3)
2913024
059
2913059
(2)
29557o6i
29557�36i
8046
8046
'(2)
(2)
19318028
19318028
545002
545002
'(2)
19028
19028
(2)
3.24
3024'
(3)
9035
9035
(3i
3024
3024
(3').
1902'$077
190280.77
(3)
19439054
19439054
(3)
990020
990020
(31)
19280090
19280,90
=0-
6120.50
612050
(3)
l.o8
1008
(3)'
1062
1062
(3)
133.84
141013
133 0 84
1013
(3')
(3)
1
"181036
181"036
(3)
226096
226096
(3)
324009
324009
(3).
222000
222000
(3)
288074
288074
(3)
301-31
3010 31
C�-.1�
142.50
142-50
(, )
132062
132062
1028
1028
(`J
130028
130028
O
-61-
•s
L'
Balance
January
19 1951 Transfers
PERMANENT IMPROVEME NT REVOLVING FUND (Cont' d)
OILING Co.nt °d
Street improvement No. 0 -15
o�16
0 °17
0 -18
0 °19
0 -20
0 -21
0 -22
0 -23
0 -24
Brookview Avenue $ 92040
Yvonne Terrace 29094
Woodland Road 64081
Windsor Avenue
.Edinbrook.Subdivision
Kent Avenue
Kellogg ° 58th Street to Valley View
Lexington Avenue
TOTAL PERMANENT IMPROVEMENT
REVOLVING FUND - NOTE B $ 469156033 $19965818*
1950 FIRST SERIES IMPROVEMENT FUND - Note A
SANITARY SEWER
Trunk seer No. B °1 $ 949935.64
STORM SEWER
Storm sewer No. 18 39978-07
GRADING
Street improvement No. C -2
TOTAL 1950 FIRST SERIES IMPROVEMENT FUND 071
L0 SECOND SERIES IMPROVEMENT FUND - Note A
SANITARY SEWER
Sanitary sewer No. 26 $ 41o07
WATER MAIN
Water main No. 24
GRADING
Street improvement No. C- 6 19321060 $ . i 9 21060*
C- 7
BLACKTOPPING
Street improvement No. A- 5 27.84
A- 6 19033.79
A- 7 2442056
A- 8 27008
A- 9 19715-74
A -10 669075
A -11 4 0. 011
TOTAL 1950 SECOND SERIES IMPROVEMENT .FUND 99156-54 9-193210 0*
IMPROVEMENT FUNDS
CONSTRUCTION IN PROGRESS - CURRENT (Cont'd)
A d d i t i o
contractor
Administrative
D e u c t i
o n s
Balance
Extra Work
and
General Fund
Assessment
Reserve for
December
Contract
and Additions
Total
Engineering
Other
Total
Share_
Spread
Contingencies
3191951
$ 130 °28
$ 130028
130.28
lo6 °2 5
10602 5
5
(3)
281067
281067
281 °67
(3)
34 °68
34 °68
34 °68
(3)
127042
127 °42
127 °42
(3)
131052
131 °52
131052
(3)
312034
312034
312034
(3)
157053
157053
15753
(3)
108021.
106.21
108021
(3-)
233048
233 °48
233 °48
(3)
2 992.94
29.94
(3)
6+.81
64,81
(3)
1029
1 °29
1 °29
(3)
1030
1030
1030
(3)
1.29
1029
1029
(3)
556.29
556.29
556,,29
(3)
75 °25
75025
x,5025
(3)
$1789597035
$39190 °59
$181,787094
$'15,028078
$ 9,683092
$2329998079
$19323062
$ -0-
-0-
$2319675 °17
$ 1,o67021*
$ 766 °o4
$ 949634047
$ 94.9634047
-0-
146°74
49124081
$ 49124081
S °°0-
147.96
147-96
147.96
147-96
19067.21*
$ 912.7
147.96
1 990702
6 o-
9;9634--q'7-
3 0 7
2147-96
1 709
o-
9
912+,81
$ 41007
I
$ 41°07
$ 655-13
6 55.013
$655-13
-0-
7000
°o-
7°00
7 °00
-0-
-om
$ 190 7040
$ 114 °00
$ 1,151040
$ 156042
29341061
29341061
247 017
247.17
38-37
528.10
528 ° to
1,76o0oo
570 °94
29330 °94
195 °15
91 °71
29644088
21644 °88
19035.64
19
29970-64
2,970-64
7 57.43
757.43
11219.26
9 540 ° 64
1, 54o.64
4 651.82
4-.651.82
6 04o
428°
4280
99 91°
$ 6$4.9T+
6 109176.40
-T-19420.06
7530
6, 2 0 9 18 5.-2-
-0-
-0-
2.13
19, 23.11 -62-
Balance
January
1, 9 1951 Transfers
1951 FIRST SERIES IMPROVEMENT FUND Note A
SANITARY SEWER
Sanitary sewer No. 31
WATER MAINS
Water main No. 28
29
30
31
33
35
$12,005049
39824.35
3 9814,34
14.00
GRADING
Street improvement No. C- 6 19321060
C -10
TOTAL 1951 FIRST SERIES IMPROVEMENT FUND S20,979.7
TOTAL $1549226058 V ®om
Note A - Construction in progress was charged to the fund indicated
during the year. As of December 319 19519 the balances have
been transferred to the construction fund amount.
B - Balances at December 319 19519 for construction in progress
charged to Permanent Improvement Revolving Fund, are applic -
. able to other funds as follows:
(1) - Construction in progress applicable to
1951 - First Series Improvement Fund
(2) - Construction in progress applicable to
1951 - Second Series Improvement Fund
(3) - Construction in progress not allocated
* Indi
IMPROVEMENT FUNDS
CONSTRUCTION IN PROGRESS - CURRENT (Cont'd)
A d d
I t -1
o n s
Contractor Administrative D e d u -t" i o n° Balance
Extra Work and General Fund Assessment Reserve for December
Contract and Additions Total Engineering Other Total Share. Spread Contingencies 319 1951
---------------- ------ -------------------------------
6 1725200
$ 148050
$ 19400050
$ 112004
31053
49892.21'
9123.23
9123023
1007 7*
1.26
29851.96
298510-'96
897.1n"
897.99
67.86
79248032
7-07
79255-39
5-02*
583-00
3130 9
81.32 1
2 9792.00
205-00
27997000
239056
.30-40
39'975.98
122040
49098038
327-07
390o52
182440oo
75.00
19319.ob
209020
2016
668.72
668072
.6 6.
162048
d1.02
11�52P- 7 p
9 TO 1a
$2059269.83
------------
$49581.46
$2099851.29
------
$169904030.
----------
$129431098
1, 5*44 .07
3 19544-07
119995-98
119995.98
�9892021
49892.21'
9123.23
9123023
799333°71
1�262-.96
C816'77
799 71
92H.96
49816:77
29851.96
298510-'96
897.1n"
897.99
4.1.' 220 88
$3939414-15
619323062 11359957.35 $810009
--------- -----------
$25,59323.09
-63-
-64-
IMPROVEMENT
FUNDS
CONSTRUCTION IN PROGRESS —DEFERRED
VILLAGE GF
EDINA.
December 318
1951
Balance
To Current
Balance
January
Current-
Construction
1d u er��T�tnnt:ra c
December
18 1951
Additions
Transfers
Over..ru;n
Un.de.r -r -un
318 1951.
Improvement
Fund
__-- -_ ------------ -- -------- -- ---- ------------------------------------ --- = --- --- ------ -------- - -- - -- -- -_-_-_--_________
FOR VARIOUS
IMPROVEMENT
SAN `TARY' - SEWERS'
D1:^tri t Nbo 32
FUNDS'AS-INDICATED
$ 782007
$ 483.89
$ 298°18
19518
First-_
S'eries
do 34
335.96
$19461019
19797.15
1951,
Second
Series
do 35
219875o63
219875.63
do
do 36
719307e39
729310+2,60
do
do 37
72994,2.60
73
do
do 38
3 9799.1+5
P799o1 +5
do
do 39
1911 ®015
19110015
do
do �+0
29362.35
2,362.35
do
WATER MAINS
....�...7 32
976.05
583008
19519
First
Series
do 36
261,80
129o92
.. 2
391 7
do -'
d �� � 38
1. 001.1 +�0
s
.
739o7l
19%'1+1011
19519
,Second
Series
do 39
298765.66
299765066
do
d0) 40
67.1+3
224 :990
1+12053
do
dot 41
397 1050
3971+1050
do
st;ti.4 °z Sewer N0 21
$ 69681+090
$68684 +90
_o-
.19519
Fij?bt
Series.
do 19
1139148006
i
113911+8006
19519
Second
.Series
GRADING
St:v, yet lzriprovemen Y
No o C-15
612 o'50
612.50
do
d*
C -19
29835o,00
2 9 83 5.00
do
do
C-1
132o65
35.30
97.35
d®
,p4T A°CK' PP.i (
r'a a-rp �rw.r..n a
S et Impr xrement
No. A -12
19982.05
29071oO2
,�1�,0$
2300 °11
19519
First
Series"
do
A-14
196270 5'+
19627.54
19519
Second
Series
do
A -15
76'9 0 61
/48
21000
do
do
AI-16
1.9727.23
19727023
do
d
A. -17
19738.02
19738.02.
do
do
k-18
"92000
770*00
22000
do
d
A-19
1 *05.25
395095
.30
do
dc,
A-20
868.26
868.26
do
W-Lad R,',,,id
Wc�:�'�, l+9t�ki Street
111 0 50
.—Is- E7.0
ill. 0
1.9,847a 2
Not Allocated
do
TOTAL
$108625087
$334 - 9186,x+
$89755°92
$3962599:5
$29658.65
$3379023.79
-64-
0.,
IMPROVEMENT FUNDS
CONSTRUCTION IN PROGRESS - DEFERRED (Cont'd)
r.i
Balance
IMPROVEMENT VEME NT FUM
Note A
To Current,
Balah6b
Jarmary
Current Constructio.
Adjlustmentg To Corj:t---�-acl;
.
December.
19 1951
----------------
Additions Transfers
Over-rum Unde-2- - rui7i
319 1951
----------
FOR 19 1 0 SECOND SERIES
IMPROVEMENT VEME NT FUM
Note A
SANITARY- SEWE
Di,stri--t- 1VC. 26
$229578.25
$2974-6.25
199832.00
GRADING
Street. Impr,,-.)vement
No. C-6
1931.9.00
$ 19319-00
-0-
BLACKIOPPING
St-.-f,,eet Improvement
Nci. A -5
196 80.00
19680.o0
do
A-6
190`,,`7.40
19151.40
$ 114900
-o-
do
A-7
329.4-9
247.17
32.00
114.32
do
A°8
197 ,0.0-3
2933`)•91*
19254-30
683-36
do
A-9
196W7,00
19035:,61+
io8,8c)
502,56
A-1 C
19`37.40
757.43
72,80
352.77
do
A-11-B
4.6�
2 rIn
2jll2g8�
Tot-al 25,`50, Se�--�ond Series Improve-ment FwiJ1
4o,60
11249,%40
8194Z';.10
TOTAL
,, 923x-.53
$I
v . 51+ $2092
$3.3"-' a.86 51-32
-----------
$2,099*05
---------
$79964*15
--------
$3629301..65
--------
�11�016111 M
Se
vles 259-7
1951. eir."t..
19 2-03
.09
2.951 Imp r
Seem,2 3
Not All uca t- -.7,
T 0 -TAL $36293C,1,65
-65-
IMPROVEMENT FUNDS
RESERVE FOR CONTINGENCIES
VILLAGE OF EDINA
Year ended December 319 1951
- - --
- - --
- - --
Balance----------------
- - -• -- Additions -------------- - - - - -- Deductions -------- -
- - -. - - --
- - - -- Balance
•------------------------- - -
- -- -- - - -- -- - - - - --
.;anuary
Prior Current Supplement Adjustment of
December
°
- -- - -- - - -- -
- - - - --
19 1951
____-----
Years Year Assessments Assessments Other
319 1951
-- r - - -___
---------
--------------
=- __---------
- - -___ -----_--------- -_=
____________________
PERMANENT IMPROVEMENT
REVOLVING FUND
CURB AND GUTTER
France Avenue -51st
to
52nd Streets $
116.74
$ 116.74
Oak Drive9 Saint John
and Concord
634.97.
634.97
Street improvement
No.
6
59144
591.44
do
do
7
28
20756
.24.61
207.56.
24.61
do
29
197.09
197.09
do
338
190.98
190.98.
do
'+5 .
3150 03
315.03
SIDEWALKS
R France Avenue -51st
to
52nd Streets
100.28
100.28
Street improvement
No
54
95.20*
95.20*
SANITARY.SEWERS
District No.-14
417.40
417.40
do 17
563 d 12-
50312
do 21
19032027
19032.27
do 22
192.03
192.03
STORM SEWERS
Storm sewer No. 11
514.60
.514.60
do 13
49.71
49.71
do 15
151.51
$503.80*
655.31
WATER MAINS
Water main No. 6
do 11
'350.51
91+9. 86
30.51
9 9.86
do 12
3 503.35
503.35
3003-35
do 14
752.33
752.33
do 1
29196.25
29196.25
do 15
8740-81
874.81
do 16
844.15
844.15
do 17
213.73
213.73
do 18
808.70
808.70
do 19
19702.6
19702.6
do 20
: 235.5
X35, 5
GRADING
Street improvement
No.
2
49.52
40.52
do
16
10.25
10025
do
20
857-10
857.10
do
21
122.6
122.6
do
30
51.8 *
51.8
do
do
31
21.5.
21.35
32
131.42
131.42
do
3.5
471.90
471.90
do
36
154.93
154.93
do
37
268.67
268.67
-do
2
86960
86.60
do
43
4'5.42
45.42 ,hh�.
i
IMPROVEMENT FUNDS
RESERVE FOR CONTINGENCIES (Conted)
-- ------------------------------------------------------- - - - - -- Balance ---------------- - - - - -- Additions --- - - - - -- -- Deductions .Balance
January Prior Current Supplement Adjustment of December
19 1951 Years Year Assessments Assessments Other 319 1951
PERMANENT IMPROVEMENT REVOLVING FUND (C on t l d
BLACK TOPPING
Golf. - Terrace Heights 242.42 $ 242042
Countryside 15813.89 $19813.89
Valley View Heights 782.02 782.02
Street improvement No. 33 221.35 221.35
do 4 114.94 114.94 .
do 5 28.2.88 52.41 230.47
do 8 246-70 2 6.70
do 9 384.50 240.92 143058
do 10 86.63 86.633
do 11 82.63 69.54 U.4 09
do 12 6:.62 12.72 ..90
do 14 363-93
do 14 196.78.02 19678.02
do 15 261:96 127:59 1.334.37
do 19 3.81.13 33.39 3+7.74
do 22 29.51 29.51
do 24 '342082
do 24 282.73 282.73
do 25 314.91* 314.91*
do 26 141.95 141.95
do 27 308.92# i 308.92*
do 33, 39 553.28* 553 .28*
do 40 8. 6* 3$. 6*
do. 41 1966.47* 19686.47*
do 44 272.66 272.66
do 46 155.77 15-5-77
do 47 596824* 596024*
do 48 1. 89.01 189.01
do 49 66.49 -66"49
do 50 195.80. 195.80
do 51 19565.9 1 0
r X56 593
do 52 19249.28* 1 61,259.28 7.48 2..52
do 53 8,070 ®44* 7.86 89078.30 *
do 55 71.55 '1.55
J� ,__��, T
� N �
Tee improvement No. 34 448fl14 448.14
TOTAL PERMANENT IMPROVEMENT REVOLVING FUND 9_R ff • • 9 • -o-
5b. F ST SERIES IMPROVEMENT FUNDS
OUR AND GUTTER
--§f-reet IFFFement No. B -1 275.199 275 •19
do B. 2 29.4 + 29.44
SIDEWALK
® improvement .No . D. -1 5.46 5.46
JANITARY SEWERS
Dis r� iot No. 2' 262.86 262.86
do 24 39925.62 $954.00 29V3.7.L 1.62
Trunk sewer No. B -1 $943.71
WATER MAIN
=Wader main No 21 341.90 341.90 -67
IMPROVEMENT FUNDS
RESERVE FOR CONTINGENCIF,S (Cgnt'd) '
----------------------------------------------------------------------------------------------------------- __------------------ - - - - -- - - ---------------------
Balance Additions Reductions Balance
January Prior Current Supplement Adjustment of December
19 1951 Years Year Assessments Assessments Other 319 1951
________________ -------- - __- _______= _______ - -__-
1950 FIRST SERIES:• IMPROVEMENT FUNDS --'(Cont' GRADING
Street improvement No. C -1 15.4 * 15.4
do C -2 1,543.2#. $147.96 19395.2 3*
BLACKTOPPING
:S ree improvement No. A -1 576.71* 576.71*
do A -332 -170.74 170.74
do A -4 628,.00$ 628.08
TOTAL 1950 FIRST SERIES IMPROVEMENT FUND � •
.. , 9.3: 1.7.9. * +3 . �f -o- 9 .00 -o- , • 13
1950 SECOND SERIES IMPROVEMENT FUND -.
SANITARY SEWERS
,District Nob'.25 369.72 J61-72
do 27 $68.72 6•72
do 28 i, 018.56 11018.56
do 29 445.97 x+5.97
y
WATER MAINS
Water main No. 22 346.11 346.11
do 23 .3080 30 308-30
do 24 6,216069 6,216.69
do 25 ..910..05 $655.13* 254.• 2,,,.,
do 26 - . 620.45 620.5
do 27 19279.55 19279.55
GRADING
Street improvement No. C -33 41.38 41.38
do e -4 219.58 219.58
do C -5 66035* 66.35*
do C -7 15.6_.0,9 7.. PO* 149.09
do C -8 .32.39 2.
TOTAL 1950 SECOND SERIES IMPROVEMENT FUND T12-9767821 2.13* 910 00
I 7 -FIRST SERIES IMPROVEMENT FUND .
SANITARY SEWERS._
Sanitary -sewer No. 31 $ 3,71 $ 3.71
WATER MAINS
-Water main No. 28 13. 13.44*
do 29 9 4.41+* 94
do 30 44.03* 44.03*
do 31 39.03* 39.03*
do 33 30.85 30.85.
do 35 120.03* 120.03*
GRADING
Street improvement No.,C- 6 17.18
do C -10 • 1: . _
TOTAL 1951 FIRST SERIES .IMPROVEMENT FOND -o- ,� *;��os - 2 1.
TOTAL $37,394.48 $810.09* $679.73 $19259.28 $450.20 $3,59$•30 $341474.82
-- CCO = =CC = =-Q= ---- -- - = ==
*Indicates red figure.
-68-
IMPROVEMENT FUNDS
CONTRACTS PAYABLE
TILLAGE OF EDINA
December 319 1951
TOTAL $3679665°1+8
SANITARY SEWERS -
- Sanitary sewer No,
26
$ 199832,00
do
28
19261,69
do
32
298.18
do
34
19797°15
do
35
219875,63
do.
36
719307
do
37
'72 9942.B
do
38
39,79901+5
do
X39
19110,15
do'
40
29362.35
WATER MAINS
Water main No, 26
150,00
do 32
583,08
do 33
299070
do 36
391.72
do 38
19741,11
do 39
299765,66
do 4.0
412.53
do 41
3 9741- 50
STORM SEWER
Stoz°m sewer Noe 19
113911+8.06
GRADING
Street Impro,uement
No.
C -15
612,50
do
C -17
29835-00
do
C -18
97°35
BLACKTOPPING
Stree•l. Improvement
Noe
A-1
220,00
do
A -2
217,00
.do
A -3
619,80
do
A-5
1,680,00
ark
A -7
111+,32
do
A -8
683036
do
A -9
502.56
day
A -10
352-77
do
A -11 -B
29112,85
do
A-12
230.11
do
A -14
19627051+
do
A -15
21; 00
` do
Am16
19727.23
do
A -17
.19738.02
do
A -18
22,00
do
A-19
9.30
do
,A -20
868.26
do
-
33
320.00
do
1+1
19190 °49
do
1+6
871.70
do
55
21345
Wind Road
111.50
West 1+9th Street
19,81+7.1+2
TOTAL $3679665°1+8
-70-
IMPROVEMENT FUNDS
BONDS PAYABLE
VILLAGE OF EDINA
Docember 31, 1951
Maturity
Interest
March 1
Rate
Amount
Improvement Bonds of, 1-950,
First Series,
dated March 1, 1950 Interest payable
March 1, ;er
and Septem 1.
1952
1 7/10%
$ 141000.00
do
do
.14, 000.00
do
195'+
do
14,000.00
do
1955
do
14,000.00
.do
1956
do
129000.00
do
1957
do
87000.00
do
1958
do
8,000.00
do
1959
�do
8,000.00
do
1960
do
87000.00
do
- 1961
TOTAL 1950 FIRST
do
SERIES
8.000.00
$1089000.00
Improvement Bonds of 1950,
Third Series,
(supplement to first series)
dated
September 1, 1951, interest
payable
March 19 and'September-l.
1953
2 3/10%
$ 29000.00
do
195'+
do
2,000.00
do
1955
do
29000.00
do
1956
do
"+,000.00
do
1957
do
7,000.00
do
1958
do
7,000.00
do
1959
do
69000.00
do
1960
do
6,000.00
do
1961
do.
61000.00
do
1962
TOTAL 1950 THIRD
do
SERIES
8 000.00.
03000.00
TOTAL
1950 IMPROVEMENT. FUND, FIRST
SERIES
$158,000.00
Improvement Bonds_ of 1950,
Second-Series-,-
dated September 1, 19501
interest payable
March 1, and September 1.
do
1
6/10%
$ 20,000.00
195
do
20,000.00
do
1955
do
207000.00
do
1956
do
157000.00
do
1957
do
159000.00
do
1958
do
157000.00
do
1959
do
159000.00
do
1960
do
157000.00
do
1961
do
159000.00
do 1962
..- - -TOTAL 1950 IMPROVEMENT FUND, SECOND
do
SERIES
18 000.00
'01689000.00
-70-
IMPROVEMENT FUNDS
BONDS PAYABLE (Cont.)
Maturity Interest
March 1 Rate Amount
Improvement Bonds of 1951, First "Series,
dated September 1, 1951, interest payable
March 1, and September 1.
do 1954 2 3/10%
do
do 1955 do
do 1956 do
do 1957 do
.do 1958 do
do 1959 do
do 1960 do
do 1961 do
do 1962 do
.TOTAL 1951 IMPROVEMENT FUNDS FIRST SERIES
December 1
Improvement Bonds of 1951 Second Series,
dated December 1, 1951, interest payable
June 1, and December 1.
do
do
do
do
do
-.do
do
do
do
do
TOTAL 1951 IMPROVEMENT FUND,
1.954 2 4/10%
1956
do
1958
ao
1959
do
1960
do
1961
do
1962
do
1c)63
do
SECOND SERIES
TOTAL
$ 109000.00
1o1000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
11 000.00
S1019000.00
$ 25,000.00
50,000.00
50,000.00
50,000.00
50,000.00
55,000.00
55,000.00
55,000.00
55,000.00
55.000.00
$500,000.00
$9279000.00
Note A - Each of the improvement bonds of the 1950 first, second and
third series- and 1951 first series is subject to redemp=
tion and prepayment; on -March- -1, or September 1, immediately
preceding its stated maturity date. Each of the improve-
ment bonds of the 1951 second 'series is subject to redemp-
tion and prepayment-on June 1 or December 1, immediately
preceding its stated maturity date. Such redemption to
be at the option of the Village at a price of par plus
interest to accrue to'the date specified for redemption.
Notice of call for redemption to be made at least thirty
days prior to the date specified for redemption.
-71-
DEBT SERVICE FUND
BALANCE SHEET
VILLAGE OF EDINA
December 31, 1951
Permanent Improvement Revolving Fund
Bond Sinking Fund
Total No. 1 No. 2 No. 3
ASSETS
Cash - current funds $ 31403.46
Due from Permanent
Improvement Revolving Fund 479022.50
Taxes receivable - deferred $285,820.00
Less allowance for un-
collectible taxes 15.572.50
$2703247.5
$320,673.46
LIABILITIES
Due to Permanent
Improvement Revolving Fund $ 3,403.46
Bonds payable:
In 1952
Subsequent to 1952
Future interest payable
$ 41,000.00
252.000.00
$2N3270-00 ,000.00
$3209673.46
$ 19200.93 $ 19586.83 $ 615070
22,700.00
$1349720.00
6.920-00
$1127,800.00
$1519700.93
$ 1,200.93
$ 209000.00
120.000-00
31409000.00
10.500.00
$151,700.93
17,362.50
$ 103,200.00
6,112. 0
97,087-50
$116,036.83
$ 19586.83
$ 15,000.00
90.000.00
$1059000.00
9,450.00
$1169036.83
6,96o.00
$ 47,900.00
2,540.00
0.00
$ 52,935.70
$ 615.70
$ 6,000.00
42 000.00
$
489000.00
000.00
4.320.00
$ 52,935.70
7,2-
T SERVICE FUND
0
-73-
VILLAGE OF
EDINA
Year
ended December 31, 1951
Permanent- Improvement
Revolving Fund
Bond Sinking Fund
Total
No. 1
No. 2
No. 3
------ - - - - -- - - - - -- -- - - - - - -- -
Balance at January l' 1951
- -- - --
$517353.45
-- - - - -- -----------------------------
$24,334.23
$199312.78
$77706.44
Disbursements:
Bond maturities
$417000.00
$20,000.00
$157000.00
$6,000.00
Interest maturities
69880.00
3,100.00
2,700.00
1,080.00
Fiscal agent's se -rvieB
charge
6 9.92
-13-30
2 .
10-74
$23,133.10
�l -.25-95
0 0.
Balance at December 31, 1951
$ 39403.46
---- - - - - --
$ 11200.93
---- - - - - --
$ 17586.83
---- - - - - --
$ 615.70
--- - - - - --
0
-73-
DEBT SERVICE
FUND
I
PERMANENT IMPROVEMENT REVOLVING FUND BOND SINKING FUND NO. 1
BOND AND INTEREST MATURITIES S DEFERRED TAX LEVIES; AND
ALLOWANCE FOR UNCOLLECTIBLE TAXES`
. VILLAGE OF EDINA
December 31,
1951
Allowance
Deferred Tax Levies
For
Maturities
To Be
Uncollectible
Maturity Date
Bonds
Interest
Total
Spread In Amount
Taxes
Permanent Improvement Revolving
Fund Bonds of 1947 - 2 %:
April 19 1952
109000.00
$ 19400.00
October 1, 1952
10,000.00
19300.00
$ 22,700.00
April 19 1953
10,000.00
19200.00
October 19 1953
109000.00
19100.00
229300.00
1952 $ 239520.00
$19220°00
April 19 1954
109000.00.
19000.00
October 19 1954'
109000.00
900.00
21,900.00
1953 239100.00
19200.00
April 19 1955
109000.00
800000
October 19 1955
109000.00
700.00
219500.00
1954 221630.00
1,130.00
y April 19 1956
10,000.00
600.00
October 19 1956
109000.00
00.00
219100.00
1955 22,210.00
19110.00
April 11 1957
10,000..00
00.00
October 19 1957
10,000.00
300.00
201700.00
1956 219840.00
19140..00
April 1, 1958
109000.00
200.00
October 19 1958
10,000.00
100.00
203300.00
1957 21,420.00
13120.00
TOTAL
$1409000.00
$10,500.00
$150,500.00
$1349720.00
$69920.00
Total to be paid _ per above
$150,500.00
Tax levy for 1951 canceled by Council.
Transfer due from Permanent Improve-
ment Revolving Fund for payment of
bonds and interest:
Due April 19 1952
$ 109000.00
$ 19400.00
Due October 1, 1952
10 2000.00
1.300.00
$ 209000.00
$ 29700.00
22.700.00
Total for which levies are to be made
$12%,800.00
Allowance for uncollectible taxes
63920.00
Deferred tax levy
$134,720.00
i
-74-
DEBT SERVICE FUND
------------------------------- ��--------------------------------------------------- {---- -� -.�� -------------------- - - - - -�
July 11 1954
January 1, 1955
July 11 1955
January 19 1956
July 19 1956
January 19 1957
July 19 1957
January 11 1958
July 19 1958
January 19 1959
Total to be paid per above
Tax levy for 1951 canceled by council.
Transfer due.from Permanent'Improve-
ment Revolving Fund for payment of
bonds and interest:
Due July 1 t 1952
Due January 1, 1953
Total for which levies are to be made
Allowance for uncollectible taxes
Deferred tax levy
a
15,000.00
15,000.00
15, 000..00
15,000.00
15.000.00
M5,000.00
6.153000.00
$ 15,000.00
843.75
843.75
675.00
675.00
506.25.
506: 2'5
337.50
337.50
168.75
168.75
$ 9,450.00
$ 1,181.25
1,181.25
$ 2,362.50
169687.50 ,
169350.00
16,012.50
15,675.00
15,337.50
$114.45o.00
$114,45o.00.
17,362.50
97,087.50
6, 112.50
$103,200.00
1953 179800.00
1954 179400.00
1955 179000.00
1956 16,600.00
-1957 16, 200.0_0
$103920040
1,112.50
1,050.00
987.50
925.00
862-50
�6, u2.5o
-75-
i
Allowance
Deferred Tax Levies-
For
Maturities
To °Be
Uncollectible
Maturity Date
Bonds Interest
Total Spread In Amount
_-----------------------
Taxes
- __-____= _____•
---------------
Permanent Improvement Revolving
Fund Bonds of 1948 - 2:
July 19 1952
$ 11181.25
January 19 1953
$ 159000.00 19181.5
$ 179362.50
July 11 195
1,012.50
January 19 195
159000.00 19012.50
179025.00 1952 $ 189200.00
$19175.00
July 11 1954
January 1, 1955
July 11 1955
January 19 1956
July 19 1956
January 19 1957
July 19 1957
January 11 1958
July 19 1958
January 19 1959
Total to be paid per above
Tax levy for 1951 canceled by council.
Transfer due.from Permanent'Improve-
ment Revolving Fund for payment of
bonds and interest:
Due July 1 t 1952
Due January 1, 1953
Total for which levies are to be made
Allowance for uncollectible taxes
Deferred tax levy
a
15,000.00
15,000.00
15, 000..00
15,000.00
15.000.00
M5,000.00
6.153000.00
$ 15,000.00
843.75
843.75
675.00
675.00
506.25.
506: 2'5
337.50
337.50
168.75
168.75
$ 9,450.00
$ 1,181.25
1,181.25
$ 2,362.50
169687.50 ,
169350.00
16,012.50
15,675.00
15,337.50
$114.45o.00
$114,45o.00.
17,362.50
97,087.50
6, 112.50
$103,200.00
1953 179800.00
1954 179400.00
1955 179000.00
1956 16,600.00
-1957 16, 200.0_0
$103920040
1,112.50
1,050.00
987.50
925.00
862-50
�6, u2.5o
-75-
July
January
July
January
July
January
July
January
July
January
July
January
1, 1954
1, 1955 .
1, 1955
1, 1956
1, 1956
1, 1957
19 1957
1, 1958
1, 1958
1, 1959
1, 1959
1, 1960
Total to be paid - per above
Tax levy for 1951 canceled by council.
Transfer due from Permanent Improve -
ment Revolving Fund for payment of
bonds and interest:
Due July 19 1952
Due January 19 1953
Total for which levies are to be made
Allowance for undollectible taxes
+ Deferred tax levy
6,000.00
6,000.00
6,0oo.00
6,000.00
6,000.00
6.000.00
$ 48,000.00
3 6.000.00
$ 6,000.00
36o.00
360.00
300.00
300.00
240.00
240.00
180.00
180.00
120.00
120.00
60.00
60.00
$ 4,320.00
$ 480.00
480.00
$ 96o.00
6,720.00 1953
6,600.00 1954
6,480.00 1955
6,360.00
6,240.00
6.120.00
$ 529320.00
$ 529320.00
6.96o.00
$ 45,360.00
2g5 0.00
$ 47,900.00
1956
7,100.00
7,000.00
6,800.00
6,7oo.00
1957 6,600.00
1958 6.5oo.00
8 47,000-00,
380.00
400.00
320.00
340.00
36o. oo
380.00
$2,540.00
-76-
Allowance
Deferred Tax Levies,
For
Maturities
To Be
Uncollectible
Maturity Date
Bonds In eres Total,
Spread In Amount
Taxes
Permanent Improvement Revolving
Fund Bonds of 1949 - 2 %:
July 19 1952
$ 480.00
January 19 1953
1 6,000.00 480.00 $ 69960.00
July 119 1953
420.00
January 1, 1954
6,000.00 420.00 69840.00
1952 $ 79200.00
$ 360.00
July
January
July
January
July
January
July
January
July
January
July
January
1, 1954
1, 1955 .
1, 1955
1, 1956
1, 1956
1, 1957
19 1957
1, 1958
1, 1958
1, 1959
1, 1959
1, 1960
Total to be paid - per above
Tax levy for 1951 canceled by council.
Transfer due from Permanent Improve -
ment Revolving Fund for payment of
bonds and interest:
Due July 19 1952
Due January 19 1953
Total for which levies are to be made
Allowance for undollectible taxes
+ Deferred tax levy
6,000.00
6,000.00
6,0oo.00
6,000.00
6,000.00
6.000.00
$ 48,000.00
3 6.000.00
$ 6,000.00
36o.00
360.00
300.00
300.00
240.00
240.00
180.00
180.00
120.00
120.00
60.00
60.00
$ 4,320.00
$ 480.00
480.00
$ 96o.00
6,720.00 1953
6,600.00 1954
6,480.00 1955
6,360.00
6,240.00
6.120.00
$ 529320.00
$ 529320.00
6.96o.00
$ 45,360.00
2g5 0.00
$ 47,900.00
1956
7,100.00
7,000.00
6,800.00
6,7oo.00
1957 6,600.00
1958 6.5oo.00
8 47,000-00,
380.00
400.00
320.00
340.00
36o. oo
380.00
$2,540.00
-76-
WATERWORKS FUND
BALANCE SHEET
VILLAGE OF EDINA
December 3191951
Cashs
Current funds:
On deposit
For deposit
Working fund
Appropriated funds- for bonds and
On deposit
AQcounvs receivable:
From customer s
Due from other funds
Invent -orie's m at costs
Meters
Supplies
Fixed assets m Note As
Land
Land improvements
Buildings and equipment
Less allowances for
Da3ferred ,charges:
Unamortized property
Prepaid insurance.
Due to other funds
A +'aeC9 nts payable and
Trade a6counts
Salaries and wages
Intere St.
Bonds payable - due
2 1,,42% to September
on balari ' e s
'9000.00
$ 79000.00
$ 89000000
$109000.00
Surpluss
Revaluation
Contributed
depreciation
ASSETS
$ 319435-34
175099
25000
interest:
acquisition costs
$ 319636033
4g305.00 $ 359941.33
$ 89970.56
135.36 99105092
$ 29926.33
1,4o6.35 .49332,68
$ 79392,30
$ 8U9e13.
5914-870a 6
929 79,59
85909230 5063770029 5149162.59
LIABILITIES
accrued expensess
annually September lst9
19 19579 and 2 3l"+%
September 19 19529
annually 1953 through 19569
annually 1957 through 1960, and
annually 1961 through 1967
of fixed assets - Note A
by special assessments m Note A
Earned surplus s
Appropriated
Unappropriated
$ 29702.8 .
53,93 351.11
$ 19407.71
8 5. 92
1.203.3.
$ 36 9.879.24
3399o14098,
$ 563,893.63
$ 59390055
29696.96.,
1379000000
402606e9L 449911.90' 4209806.12
$5639893.63
Note A - The original utility purchased. in 1947 is carried at
amounts based on appraisal at time of acquisition. Subse-
quent purchases are carried at cost, Water mains for
which the benefited property owners have been assessed
are carried -'at .construction cost with contra- credit to
Sur -plus contributed by special assessments,
=77®
WATERWORKS
FUND
STATEMENT OF
SURPLUS
VILLAGE OF
EDINA
Year ended De�?emlber 319 1952L
Contributed
Uhapgrc
by
T t I
Appropriated
Assessment,_,.,,
Re,Valua-1ji,on-
------------------------
Balan,>-, a• '; January 1. lgrl
5
$377925'193-4`5
$3194f4.63
$4 567. �O
3 04 9 �2 50,, 1:
561,22
Add i -IV,, 1.
Net for, the year
8 "Y47 7 9
8 9447.79
Deprei. ia:tion pro-,.rlded duTing the year
ri. e.x-n _-
o I " oa appraisal value o%,er cnost
-C,` -C,`m
681.98
6810
of a.ppz,opriatiori of cash for
paymentu o.-f bonds, and intere-st
62.59
62.50*
Wa. vex oonti ibuted by special
a ei_' sin ei n,,
_303
z ,g
960T.90
17-9 0-0
$339 9660.4'y
D e du,.' o ii - 8
for water mains
�hazzged to Water Fwid
64
Balan�.-.e at December, 319 1951,
$4.20,8o6.12
$4,096o6.90
$49305000
$3399014-98
$36,,&%q,,24
* Ind:'I.(�ates z,,ed figure,
WATERWORKS FUND
COMPARATIVE STATEMENT OF INCOME AND EXPENSE
VILLAGE OF EDINA
Years 9nded December 319 19519 and 1950
--------------------------------------------------------------------------------------------------
Increase
1951 1950 Decrease*
Number of meters in use:
At end of year
At beginning of,year
Income:
Sale of meters
Less cost of meters sold
GROSS PROFIT ON METERS
Water sales
Penalties
Water connection permits
Tapping fees
Repair service
Street opening fees
GROSS INCOME
Expenses:
Pumping:
Labor
Power and light
Supplies
Buildings:
Labor
Fuel
Supplies
Telephone
Equipment rental
Water purchased
Provision for depreciation
Repairs
Distribution:
Labor
Materials and supplies
Operation of meters:
Labor
Supplies
Equipment rental
Provision for depreciation
Repairs
29058
1,668
3 99605.40
80518041
8 19086.99
409190.73
58.36
19270.00
813 .30
47�+. 50
106.00
3,999
$ 19015.41
6077.21
13.34
19342.91
299.09
133000
138.10
3300.00
490000
29109.34
10950.72
149169.12
$ 19170.09
614.48
19000.94
195.40
450.00
79110 9
X41. 4
'5105882.7
19668
1,343
69767.20
791-63
419302.29
149.03
1'615.00
161.37
118.00
9526.62
$ 846.01
69871.34
26.48
347036
146.6
83.7
139.30
300.00
682.50
29367.85
X49.50
129160.73
325
$29838.20.
2.542.84
29 •3
19111.56*
90.67*
119.50*
198.30
31313
12.00*
2.9*
$ 169.40
494.1 *
13.1*
995
152.
49.26
1.20*
192.50*
258.51*
1601.22
$29008-39
$ 19416.68 $ 246.9*
19086.89 472.41*
1,046.18
103.29
4'50.00
597 8.42
115.00
45.24*
92.11
19226.44
916. 2
-79-
IVE S
Expenses: (Con'd•)
Administrative and general:
Salaries:
Superintendence
Clerical (general fi{nd)
Meter reading
Meter reading supplies- -
Office supplies and postage
Audit and accounting service
Equipment rental
Insurance
Services on customers! premises
Miscellaneous
•. Provision for depreciation
TOTAL OPERATING EXPENSE
OPERATING INCOME
Other deductions:
Amortization of property acquisition
and bond issue expenses
Interest on bonds
Fiscal agent's service ch&rge.
Loss on equipment scrapped
NET INCOME
Depreciation charged to operations
included in the above
(Cont'd)
Increase
1951 1950 Decrease*
$ 19831.75
19324.21
19122.60
83.45
429.30
55500
250.00
15o.61
353.14
15.41
8.
6.193-82
1 2
129754-20
$ 594.24
39693.33
18.8
-o-
- C . q -1
879
$ 99298.08
19 738.52
19200.00
924.54
43.54
514.27
462.50
250.00
151.4o
152.49
58.82
$ 594.24
39818.33
15.89
10.00
1}r8 •1 +6
gam_
$12 9366.. 20
89175.16
93.23
12 .21
198.06
39.91
84.97*
92.50
-0-
*
200.65
43:41*
.1 9.46
2
49090.46*,
125.00*
2.95
0.00*
1
399r_ 3 1*
$19122.92
_o
WATERWORKS FUND
ANALYSIS OF CHANGES'IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 31, 1951
Balance at January 19 1951
Current funds:
On deposit $209400.95
Working funds 25.00 $209425.95
Appropriated funds - for bonds and interest 4a367-Lo- $249793-45
Funds provided:
Net income for the year $ 89447-79
Less charges to expense not affecting cash:
Provision for depreciation $ 99298.08
Amortization of property acquisition and bond
issue expense 594.24 99892.32
Decrease in asset accounts:
Prepaid insurance
Increase in liability accounts:
Due to other funds
Funds applied:
Increase in asset accounts:
Accounts receivable- customers
Due from other funds
Meter inventory
Supply inventory
Decrease in-liability accounts:
Trade accounts payable
Salaries and wages
Interest
Deferred income
Bonds payable
January 1 December 31
$ 72.82
$ 1,260.40
8 8,543.82
127000
274:95
67579
$ 9,621.56
$ 1,785.13
92.40
1,245.00
200.00
140,000.00
$1439322.53
Waterwork fund portion of cost of improvements
contributed by special assessment
Purchase of fixed assets (excluding 35,410.39
contributed by special assessments)
$ 53.93
$ 51390.55
$ 89970.56
135.36
2,926.33
1,406.35
$ 13,438.6o
$ 1,407.71
85.92
19203.33
-0-
135,000.00'
$1379696.96
$ 426.74
. 8.36
2,651.38
730.56
$ 377.42
6.48
41.67
200.00
5,000.00
4,130.15 22,489-15
84792b2.60
$ 3,817.04
59625 57
645.51
13253.15 11 41.2
Balance at December .3ly,,,1951 $359941-33
R1
eft
WATERWORKS FUND.
FIXED ASSETS
VILLAGE OF EDINA
Year ended December 319 1951
__-_-------------------------------------------------------------------------------- ---- ------ ---- ---- -- - - ---_
--
-
A s s e t s_
Allowances for Depreciation
Net
Balance
Balance
Balance -�-�� 'Balance
Balance
January
December
January Current December
December
19 1951 Additions
319 1951
:19 1951 Provision 319 1951
319 1951
------ --- --- -- ---- --- ----- ----- - -- ------------------ __-- _-------- - ________ - ------------ --___-__---____-_-___--_--_____-____
La.nd $ 79392°30
$ 7092.30
$ -o- $ -o-
$ 7�392s30
Land imps o v ement s
Di stribut:i bn system:
Purcha, s ed
Contributed by special assessments
Buildings and. equipment:
Pump house buildings
Wells
Pups and piping
Tanis and tower
Office equipment
Miscellaneous equipment
Tools
-o- $ 809,13 809.13
$16598R5.72 $1659835,72
06 �+� 5.98 41o,39 1419896.37
+729321.70 359410-39 079732.09
$ 12991+1.73 $ 388°31 $ 21+91+60001+
21+91+65.59 5.59
299290.95 13.00 299303.95
11+9938010 15.66 11+9953.76
19289.22 19289.22
278.15 278.15
1+061 .2 7.05 1 66
444.--0--2 8 X. 1
-o-
$409636.83
�5 3 1..
$ 191+8590
3,24-5:64
4
99085.37
11,350.42,
°79.89
22.43
2 20,9 °
$ 16.1.6
$2 9 21.101.3
4.121.
s 02.70
$ x+.32.00
14-89,,29
19.171. e 89
577°69
61+.1+5
13.90
2„ 22
16016 792°97
$1+2,81+7.96 $122,987°76
1 026.31 126 .8 0 o6
$579871+.2? S44-9-9F57-82
$ 19917.90 $ 1191+12.11+
39731+ -93 209733oe66
109257.26 19 9 o1+6.69
119928.11 3,025.6 5
11+1+.31+ 19144.88
36-33 21+1.82
_o- 1 66
$28.018.9-7 112, 0
$5639408.35 $369663.51+ 56009071.89 $769611.22 $99298.08 $85009.30 $511+9162.59
-82'-
WATERWORKS FUND.
BONDS PAYABLE AND INTEREST EXPENSE
VILLAGE OF EDINA
December 319 1951
-------------------------------------------------- - - - - -- - Interest
Bond Interest Principal' Payable Paid
Number. Rate Amount in 1952 in 1951
1,
Waterwo� °ks Revenue Bonds
$ 125,00
$ 125,00
of 191+7 dated July 19 194+7:
175.00
Maturity September 1:
.79000.00
.175,00
1952
16. 20 2
1/2%
195
21- 27.
do
195
28- 31+
41
do
1955
35-
do
1956
1+2- 48
do,.
2.957
1+9- 56
do
1958
57- 64 2
3/4
1959
65- 72
do
1960
73- 80.
do
196..
81- 90.
do
1962
91 -100
do
1963
101 -110
do
1.961+
111 -120
do
1965
121-130
do
1966
11 1 -140 do
1967
1 1-150
do
Total. Bonds Payable at December 319
1951
Total Interest
Payable in
19521
$ 59000/00
$ 125,00
$ 125,00
79000,00
175.00
175.00
.79000.00
.175,00
175.00
79000.00
175,00
175,00
79000,00
1.75,00
175,00
89000,00
200,00
200,00
89000,00
220,00
220,00
89000000
220,00
22 0,00
89000,00
220,00.
220,00
109000,00
275.00
275,00
109000,00
275,00
275,00
109000,00
275,00
275,00
109000,00
275,00
275,00
109000,00
275,00
275,00
109000,00
275,00
275,00
10',000200
275,00
275,00
$1359000,00 $3,61o,00
$3,61o,00
Maturities'- September 19 1951 $ 59000,00
TOTAL INTEREST PAYMENTS IN 1951
125,00
$39735000
.8^
1
GARBAGE FUND
BALANCE SHEET
VILLAGE OF EDINA
•------------------------------------------------------7------------------------------------------
December 31, 1951
ASSETS
Cash - c;ur,tent funds o:
On. depos: t
$29112e95
For deposit
11+5e9O
$29258.85
Re�''ef.�3•,�.��I.e� s
Cert'.lfied in 1952.
collectible in 1952
$888.30
Delinquent receivables assessed
� $ 960.83
Ac-cou�nl;s recel,��able - customers
522,05
Due irtz other furlds
4.a +0
1,+87.28
Fixed assets - at 'cost
91e26
r
$39839.39
LIABILITIES
D ue to etheT f'urids
$ 731.96 .
Acs aunts payable
19682.80
Surplus iri'rested in fixed
assets
$ 93.26
Suavplus (excess of income
over expense)
13331.32
1,424.63
$39839.39
1
i
GARBAGE FUND
STATEMENT OF SURPLUS - DEFICIT
VILLAGE OF EDINA
Year ended December 319 1951
Invested
in Fixed
Unappropriated
Assets
_- ---------- •-------------------------___----- _---- _----------------
Balanze at January 19
1951
$ 685033*
$93.26
Addit ons s
Net income for the
year
2001600
BalanMe at December 319 1951.
$19331.37
$93.26
* Inaiica ves red figure.
COMPARATIVE STATEMENT OF INCOME AND EXPENSE
VILLAGE OF EDINA
Years ended December 3l9 19519 and 1950
-------------------------------------------------------------------------------------------------
Increase
1951 1950 Decrease*
Ser °ice charges and penalties $219892.42 $159890.20 $69002.22
Expenses
Collection service $189925.00 $159040.61 $3988+.39
Administrative and generals
C1ezrizal services $ 662.10 $ 600000 $ 62.10
Office supplies 1.78062 151.79 26.83
Auditing 110.00 105.00 00
TOTAL EXPENSE 1 2 1 0 0
,997 °32
NET INCOME -LOSS* $ 2,016.70 $ 7.20* $29023.90
---------- ---- - - - - -- --- - - - - --
-..
GARBAGE FUND
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 319 1951
-------------------------------------------------------------------------------------------------
Balance at January 19 1951 $ 356075*
Additions -
Tax settlements received $ 524,06
Collections on customers' accounts $219017,36
Less collections transferred to
'grater Fund 60x6 2120111M 21 06
$219178-31
Deductions s
Expense for the year $199875,72
Add accounts payable at December 319 1950 1.1+07.25
2-19-2'92—. qr
Less 'liabilities at December 319 19519
Due rather funds- $ 731.96
Accounts payable 1"9682°80 �22 414
1189868.21
Refunds to customers 51025 189919°46
Balance at December 319'1951. $ 29258,85
* Indicates red figure.
-87-
GARBAGE FUND
ANALYSIS OF RECEIVABLES
VILLAGE OF EDINA
Year ended December 319 1951
---------------------------------------------------------------------------------------------e---
Other
Assessed Customers Funds Total
--------------------------------------------------------------------------------------------
Balanoe at January 19 1951 596.59 4.77.68 $4.40 $ 19078.67
Additionss
Billings per income statement
Cez,tified to County Auditor for
collection in 1952
Transfer -from Water Fund,
Refunds charged to customers'
accounts
Ded.u(rt-i.ons s
Tax settlement remitted to
Village
Collections from customers
Balance at December 319 1951
* Indieates red figure.
219892.4.2 219892.42
888030 .888030* —o-
6,36 6.36
�'qL'�. _ 1�.�(�� 1.2
919487—.F9 219539.41 `iY ' o "+ 6239028-70'
$ 524,06 $ 524,06
2101.16 2101.6
2 0 21'01 21 1. 2
$ 960.83 $ 522.05 $4.40 $ 19487.28
—88—
—89—
SEWER RENTAL FUND
BALANCE SHEET
�.
VILLAGE OF. EDINA
---------------------------------------------------------------------------------------------------
December' 319 1951
ASSETS
Cash - current funds:
On deposit
$129348.45
For deposi-;
..10020
$12 9358,65
Irxnestments - U. So Government
securities a at cost
6,000.00
Receivables:
o
Certified in 1951 -
c.olleetible in 1952
$97020
Delinquent receivables
assessed 8052
$ 105.72
Accounts receivable -
customers
102,30
Due from other funds
75,00,
283002
Fixed assets - at cost
1,032018
$199673085
LIABILITIES
Due to other funds
$ 825060
Accounts payable
49732e78
Surplus
Invested in fixed assets
19032018
Unappropriated (excess
of income over expense)
1390$3029
$19,673685
—89—
* Ind.ieates red figure.
_90_
SEXIER RENTAL FUND
STATEMENT OF SURPLUS
VILLAGE OF EDINA
Year
ended December 319
1951
Surplus.
Invested
Unappropriated
in Fixed
Surplus
Assets
Balance at January 19 1951
$129188020
$ 896037
Addition t.
Net income for the year.
19030,90
Transfers
To surplus invested in fixed
assets
135081*
115081
` Balance at
December'31., -1951
$139083.29
$19032.18
* Ind.ieates red figure.
_90_
VILLAGE OF EDINA
Years ended December 319 19519 and 1950
Operating income:
Service charges and penalties
Less refunds
Expenses s
Operatings
Sewer maintenance and treatment
Labor
Supplies
Repairs
Water
Power
Rent of equipment
Administrative and generals
Clerical ® General Fund
Stationery and postage.
Auditing
Miscellaneous
Other income
TOTAL EXPENSE
OPERATING INCOME
NET INCOME
Increase
1951 1950 Decrease*
$129012,40
e0o ..
912,012—;470
$ 89953.26
652,58
65-39
.123.63
200.00
27.79
100 00
81091
$ 662,10
180.87
90,88
11 0 0
955-90
75.00
$ 1,030.90
$1o9465.76
—29,00
T3,09463-76
$ 7,429,44
573083
17.84
9.00
200,00
14007
100 00
9344g. 1
$ 600,00
155,32
70082
826.11-+
170. 2
19293..
115.95
$ 19429.39
$19546064
2 00*
19 ,
$19523.82
78.75
47.55
114.63
-0-
13.72
®00
$11778.P7-
,77 . 7
$ 62,10
25.55
20006
1O Z. 71
1,886.18
337.51+*
60.95*
$ 398.49*
-91-
PJ
SEWER RENTAL FUND
ANALYSIS OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December.319.1951
Balance at January 19 1951
$ 99678.16
Additions:
Interest on investments
$ 75.00
Tax settlements received
138.61..
Collections on accounts receivable
114926.25
129139.86
Reduction of prepaid expense
200,00
22901 .02
Deductions:
Expenses for the year
$119056.50
Add liabilities at January 19 1951:
Due to other funds
$ 63.50
Accounts payable
3.886.94
0 44
.:
$159006;94
Less liabilities at December 319 1951:
Due to other funds
$ 825.60
Accounts payable
1+.712.78
5.558.18
99448.56
Purchase of fixed assets
135.81
Increase in amount due from other funds.
75.00
.92659.37:
Balance
at December 319 1951
$129358.65
-92-
"
SEWER RENTAL FUND
ANA —SZT'-M =LES
VILLAGE OF EDINA
Year
ended De�:emLber
1, 19,551
Other
AssE =.s--;6d
'Ju.stomers
Funds,
Total
Bx1 rj:: a.t January 1., 1951
$147,13
$ 113037
$ -o-
$ 260,1+8
Ad.l.i, Jions,.,
Billings pe'r income statement
129012,1+0
129012,1+0
Vez,,wified to County Auditor
for, collection in 1951.
97.20
97020*
Interest on investments due
fi-cm General Fund
000
00
_ p_
-33
�s
129028-55
r7
/ 000
1293r+7-
Ded�►�:ty�:��s
set -kI lement s remitted to
S:i11 age
$1:38,61 ,
138061
e "ollep,"i- 3ori'.s f �•csm custc -mess
1:L 2$�2
11 26e2
i °'T
11 z o
12 0
$105,72
$ 102,33
$77000
$ 283,02
* In.di gates red fi.guze,
-93-
r
LIQUOR DISPENSARY FUND
.BALANCE SHEET
VILLAGE OF ED INA
December 31, 1951
-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
ASSETS
Cash -
Demand deposits
For deposit
Working fund
Accounts receivable -
Customers' NSF checks
$379035.02
79853-05
1,000.00 $ 459888-07
150.89.
Merchandise inventory - at cost (applied on
a first -in, first -out basis)-
Liquor
$679350.06
Wine
79352.66
Beer
19947.71
Mix
195040
Bitters, etco
76 885.88
,
Fixed assets � at cost-
Land
$169500.00
Land improvements
$ 19546.23
Buildings
369900.00
Furniture, fixtures, and equipment
6.931.2)+
9377. 7
Less allowances for depreciation
6,5281.54
39,095.93 559595.93
Prepaid expenses -
Unexpired insurance, bands, etc. $ 676.01
Supply inventory .75.00 751°01
$1799271.78
LIABILITIES
Trade accounts payable $ 99004.65
Salaries and wages 1,084.38
Surplus - unappropriated 1699182.75
$1799271..78
-94m
LIQUOR DISPENSARY FUND
STATEMENT OF SURPLUSS
VILLAGE OF EDINA
Year ended.December 319 1951 ,
Appropriated
Bonds and Property
Total Unappropriated Interest Purchase
Balance at January 19 1951 $1069078°79 $ 879514068 $89918.75 $9.9645036
Additions°
Net profit for the year 639103.96 639103.96
Transfers -o- 182564.11 89918.75* 9.645°36*
Balance at December 319 1951 $1699182075 $1699182.75 $ -o- $ mo-
____ _ ______ _______ ___ ___ ___
R
* Indicates red f igure.
-
-95- ..
--LI --UOR DISPENSARY FUND
COMPARATIVE STATEMENT OF INCOME AND EXPENSE
VILLAGE OF EDINA
Years ended December 319 19'I9 and 1950
L Lq or Wine
— Sa2. ,:-� s----- �----------------------------------------------- $3239017e90 $31+9114,15 --
Cash c-weY:a.ge39 less tag overages - Note A 11,1 0,60
239129e7 ')349184.175
Less bztt;:ie refunds,
Cost' of sales s
In`Ten`�o -.7 Jani -;ary is
Pc::r� teases
Iir,ent,ory Dec-,ember 31st
Operating expenses
Manage,,
Sales olE:i'k
Bo kke p8,z'
NET SALES
COST OF GOODS SOLD
GROSS PROFIT
PER CENT TO NET SALES
Provisioli for depreciations
Lane impro v eruent s
Buildings
Faf -ila ture 9 fixtures 9 and equipment
Heat
Lig?^s• and power
Iz�s';cr ar�,:e hr_d surety bonds
S °xppl.` .68 a
Selling
Ja.- 1I. °.:r
Off,3.:e
REpai,s s and maintenance
Burglar alarm device
Maintextrance of parking lot
Auditing and a-2co` ntirg
Ot-her deduo'.','io ns s
Lig7ao` ' r e --erme bonds expenses
Ir tei es
Fis-al agent's ser trice charge
Int- & -re-st on purchase contra;;t
X91290733 49184-75
$ 8 :9361.06
2' 33951200-0-
X3.1,
6179 73* .150.'o6
231. 2�s00
$ 719606,73
22.16%
$279802.79
VP 319 20 3
7.152.6
2 20
$ 99971+.98
29.18%
No-156 A - Cash o°Jerages, less the amount by wnish liquor and wine 'wags were
c--,,Er register readings 9 have been allv::ated t^ 1'�qr: or and wine
sales in amcunALs proportionate to the retail ?alue of net
ir:7ertoz7 shortages of liquor and wine,
Beer Mix
$579766.97
$579766-97
5.768L8
1,99 .1
$ 1,934.29
42.81.90
$44,7.19
1 4� 68. 1
9420820
$ 9,177.66
17.65%
$79367.83
$7936`
3O
$4 322°'93
0
911+o.o
L4,698,71 5
$1,135.99
19.47%
Miscel-
laneous Total Total
$48.5°67 $659620.47
$ 81.76
0 .0
95.40
9109.66
$176.01
36.21+%
20+7
02 2
,31 .1
$ 29338.92
1+7.672.71
$50,011.65
2.181.16
S47.828.49
$10,489.66
17.99%
TOTAL OPERATING EXPENSES
OPERATING INCOME
NET INCOME
$422 9752.
.182 �+ .
22,934.9
7.102.12
$415 9 32. a
,5
®�44 s77
$4009447 01
763885.88
$3233561.26
8 929071037
6,108.00
12'6 �5�-6�
21,193
$ 1,1+76.00
693,28
2,231.1
25802
1+ o.84
la. 15
781.77
.500.21
46.89
393.88
1+35 .72
100000
143.20,
139.80
957.00
2'+
,19 .• 1
$ 81+3-75
58078
189.,4:2
$ 639103.96
Per Cent
190 to Net Sales.
Total 1951 1950
$366,209.32
3 6.088�OQ
30,20.,.9
$ 63,791.$4
115.624.12
$379, 15607%6
02
9281.911.19
$ 767347.50
100.00% 100600%
77& 78.81
22.15% 21.19%
$ 59352.40 1.1+7% 1.49%
11,151.20 2.99 3.09
2.4., 00 64 .68
1 sW- 0 .10 .2
$ 61..85
1,76.00
2,21 .64
f
22 .i9
539.92
146.75
732.76
400.66
28.25
407040
114.23
90.00
178.07
138.35
670.00
24.909.
0
519439.
$ 2 ?306,25
24066
7 57. '42
3 x.088.24
$ 48071.18
.01%
x.16
O 5��
.o6
o4
.19
.12
.01
.10
.11
.02
.03.
..03
.23 .19
02 0
�, 10 6.91%
1 .
14.28%
.02%
.41
2
:o6
1"
. 04
.20
.11
.01
.11
.03
,902
.05
.04
.20%
.O1
2
15.18%
.64%
.01
13.42%
-96-
4..
LIQUOR DISPENSARY FUND
ANALYSIS. OF CHANGES IN CASH BALANCES
VILLAGE OF EDINA
Year ended December 319 1951
-------- --------- ---- ---___ - -- ----- _---- __---- - - -__- -_ --
Increase in liability accounts:
Salaries and wages
Funds applieds
Increase in asset accountss
Accounts receivable
Decrease in liability accounts:
Trade acccounts payable
Interest
Property purchase contract
Bonds pay -able
$.'961572.87 $779636.89
$ 852.09 $ 19084.38
$ 113.00 $ 150.89
$ 439964.07. $ 9,004.65 $349959. -2
547,43 5 .7.43
149200.00 149200.00
45,2000,00 45.000,
$1039711,50 $ 99004,65
________ -----------
Total Cash Balance December 319 1951
18993 5.98
G -j2.22 84, 5oi. y6
$1409632.81
$ .37.89
.94 L x%06. �5 94.744, 74
$ 459888.07
-97- " I
s
LIQUOR DISPENSARY FUND
FIXED ASSETS
VILLAGE OF EDINA
�t
Year ended December 319 1951
Assets Allowan_.es, for Dep oc1,,dati6n Net
Balaniz -,e - Balance Balan,;ce Balance Balance
Janoja.ry December January C u-- ,, -,ent December December
19 1951 Addi.dons 319 1951 19 1951 Provision 319 1951 319 1951
---------------------------------- _ ---------- -- ___ - --
Land
Lard improvemenl': s 9 building 9 and equipments
Land improvements
Building .
Furn ?u, e 9 fixtures, and equipment
TOTAL LAND IMPROVEMENTS.''
BUILDIATGy> `AND EQUIPMENT
TOTAL
$169500.00
$169500.00-
$169500.00
$ 19546.23
$ 195°46.23
$ 61,85
$ 61085
$ 123.70
$ 19422.53
3699 090,00
369900.00
29460,00
1.9�f; 6.� „0
3,936.00
329r9�64eo0
-
6.9_-)1,24
6.931.24
12528.56
6ie28
2.221084
4./09040
845937Z,4.i
9 $45.37.474
,000- 1,2��31y3
869281,54
139.095.92
$6198i7,47 $ -0- $619877047 $49050.4.1 $29c211.13 $69281,54 $55,595.93
J
CASH - ALL
FUNDS
-,
VILLAGE OF
EDINA
--------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
December 319 1951
Demand
For
Working
Deposits
Deposit
Funds
Totil
Fund:
General:
Current
$1509617.96
$1509617.96
Appropriated
$ 150000
15Q.00
Working capital:
Current
189082.92*
189082.92*
Poor:
Current
59784.13
59784.13
Park:
Current
6.9179.23-
69179.23
Special. assessments:
Current
629890.28
6298902$
Improvements:
For bonds and interest
1409331.54
140,3 1.54
For construction
4209006.39
420906.39
Debt service:
'
Current
39403.46
39403-.46,
Waterworks:
Current
3 19435.34
$ 175.99
$ 25.00
319,636.33
Appropriated
..49305000
493Q5.00
Garbage:
Current
29112.95
145.90
29258.85
Sewer rental:
° Current
129348.45
10.20
129358.65
Liquor dispensary:
Current
379035.02
79853.05
19000.00
45988.07
TOTAL
$8589366.83
----- - - - - --
$89185.14
--- - - - - --
..$19175000
--- - - - - --
$8679726.97
----- - - - - --
Depository:
First Edina State Bank
$8079636.92
Midland National Bank
of Minneapolis
509729.91
TOTAL
$8589366.83
* Indicates red figures
-
--
-qqo
3
_100m
SECURITY FOR DEPOSITS
VILLAGE
OF EDINA
December
319 1.951
Demand
Security for Deposits
Deposits
Amount
Description
First Edina State Bank
$8079636.92
$1009000.00
United States Treasury bonds,
due March
159 1958
1509000.00
United States Treasury bonds,
2 due December 159 195#
759000.00
United States Treasury bonds,
2 -L�, due March
159 1951.3
10,000.00
Federal Deposit Insurance Corporation
TOTAL.
$8079636.92
$335,000.00
Midland National Bank of
Minneapolis
$ 509729.91
$ 759000.00
Federal Farm Loan. bonds, 2-j%,
due February 19
1955
10,000.00
Federal Deposit Insurance Corporation
TOTAL
$ 509729.91
$ 859000.00
Note — Subsequent to December
31 19519
an additional
deposit of U. So
Treasury bonds
in the amount
of
$500,000 was made
by the bank to cover deficiency
in security.
3
_100m
Fund ownership: _
Poor fund $ 29000.00 $2,000.00
Special Assessment Funds:
Sewer Districts:
Joint No. 1
No. 8
No. 9
No. 13
No. 15
Water Main No. 1
TOTAL SPECIAL ASSESSMENTS
Sewer Rental Fund
TOTAL
41
$119000.00
2,000.00
51000.00 $5,000°00
2,000.00
3.000.00
$239000.00 9000.00
5.000-00
$289-000 , 00 9000.00
6.000.00
$369000.00 $79000.00
$ -o.
$11,000.00
2,000.00
-o-
29000.00
3.000.00
$159000.00.
53000.00
239000.00
6.000.00
$299QOO.OQ
-101.®
INVESTMENTS
VILLAGE OF EDINA
--------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
December 3T, 1951
Interest
Description
Maturity
Rate
Cost
United States Treasury Notes
April 19 1952
1-7/8%
$ 3,000.00
do
''July 19 1952
do
59000.00
do
October 19 1952
do
213000-00
299000.00
Sold
Balance During
Balance
January 1, 1951 Year
December 31, 1951
�>
Fund ownership: _
Poor fund $ 29000.00 $2,000.00
Special Assessment Funds:
Sewer Districts:
Joint No. 1
No. 8
No. 9
No. 13
No. 15
Water Main No. 1
TOTAL SPECIAL ASSESSMENTS
Sewer Rental Fund
TOTAL
41
$119000.00
2,000.00
51000.00 $5,000°00
2,000.00
3.000.00
$239000.00 9000.00
5.000-00
$289-000 , 00 9000.00
6.000.00
$369000.00 $79000.00
$ -o.
$11,000.00
2,000.00
-o-
29000.00
3.000.00
$159000.00.
53000.00
239000.00
6.000.00
$299QOO.OQ
-101.®
n
i-
TAXABLE VALUATIONS9 TAX LEVIES. AND RATES
VILLAGE OF EDINA.
December 319 1951, and 1950
--
0
I`
-102-
1951
1950
Taxable valuations:
Real estate
$6,383,685.00
$5,614,356.00
Personal property
715.919-00
$799999604.06
628 414.00
71,2429770-00
Tax le -vies e:xuerded s
Extended in year
1951—
1950
Collectible in year
1952
1951
General
$ 1969659.03
$ 180,416.05
Parks
149199.21
129485.54
Public nurse
-3049-80
-
Firemen's relief
709.96
624.28
Bonds and interest
29839.84
-
Poor
22129.88
242.77
220, t 81J '.72
�,�6,
VP -x 99 -
Tax rate by mills:
General
27.7
28.9
Parks
2.0
2.0
Public nurse
.5
-
Firemen's relief
Bonds and interest
.4
-
Poor
.3
1.0
'31.0
32.0
0
I`
-102-
I
ORGANIZATION
1 VILLAGE OF EDINA
Year ended December 311 1951
--------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
Elected
Term Re- elected or
Expires Reappointed to
December 31, December 31,
Village council&
Mayors
Dr, Reuben F. Erickson
Clerk s
Bower Hawthorne
rj Tyr ustees s
Fred-S, Child
Joseph A. Danens
Arthur C. Br•edesen9 Jr.
Trea surer t
John. J. Duggan
Assessors
Alegi: Creighton
Mwilcipal court &
Philip Neville& Judge
Austin D. Norton' Special Judge
Engineerq Executive Offices and Manager&
Sidney R,, Mitchell
Deplity' clerk&
Gre ,then S.. Alden
Deputy treasurer& -
Bernice` M. Johnson
19,51
1953
1952
1951
1954
1952
1953
1951 •
1953
1952
1952
1952
1951
1952
1951
1952
1951
1952
-103-
OFFICIAL BONDS
VILLAGE OF EDINA
December 319 1951
P o s i t i o n Name
On file with Deputy Village Clerks
Treasurer
Blanket post ii.on
On file with County Auditor:
Assessor
Deputy Assessor
do
do
dri
do
do
do
Held by Village Clerks
Clerk
John J. Duggan
Liquor Dispensary
employees
Alex Creighton
Phyllis C. Brown
Winifred Creighton
Dorothy Fischer
Dorothy Otis
A. C. Stringer
Edwin Y. Daniel
Viola Doty
Bower Hawthorne
------------------------------
Term Expires
--- ---
Bond Expires
- Amount
{
Surety
--- __
___________________________________________-
December 319
1951
December 319
1951
$ 79500,00
National Surety Corporation
January 289
1952
109000,00
Indemnity Insurance Company
of North America
December 9
1952
December 319
1951
500,00
Anchor Casualty* Company '
December 319
1.951
December 319
1951
500,00
do
do
do
500,00
do
.
do
do
500,00
do
do
do
500,100
do
do
do
500,00
do
do
do
500,00
do
do
500,00
do
December 31.9
1952
Januaryq
1952
500,00
Travelers Insurance Co,
0
-104 -'
1
MUNICIPAL COURT FINES
VILLAGE OF EDINA
Year.ended December 31, 1951
Village County State Total
Fines and costs imposed
and collected:
Balance uncollected
January 1, 1951 $ 98.00 $ $ 98.00
Fines and costs imposed 17.781.16 10.00 84.00 '17.875.16
17, 79.1 10.00 7-00 17,9,3.1
Collections by Clerk of Court 17.583.16 10.00 84.00 17,67,2.16
Balance uncollected
December 31, 1951 $ 296.00 $ $ $ 296.00
County State Tottall
Fines due to county and state
from general fund:
Balance January 1, 1951 $284.00 $ 6.50 $ 290.50
Collections by general fund 10.00 62.5o 22-50
$294.00 $K.00 5 363-00
Collections by Clerk of-Court
not transmitted to general fund 21. a]-50
T2-97. o0 $90-50 9 3 0
Payments to county by general fund 10.00 0.00
Balance December 31, 1951 $284. 90. 0 3 0
Collections by'Clerk of Court not
transmitted to general fund:
Balance January 1, 1951 $ 22.00
Collections by Clerk of Court .1 6 .16
1-699.1-6
Transmitted,to general fund 7., 1 447. 16
Balance December 31, 1951 (paid in January, 1952) 252-00
INSURANCE (Cont1d)
-107-
-----------
Fire,
Fire and Extended Coverage Theft, and
Public
Liability
Buildings Contents Windstorm
Bodily Injury
Property Damage
Other,
-----------------------
---------- -------
Other insurances
Fire only for snow fence
$19000000
Non-ownership - automobile liability
$ 25 / 509000000
59000000
Hired car - automobile liability
25 / 509000000
59000.00
Waterworks and sewer'cleaning-operation
100 / 2009000000
$5 259000-00
Edina Volunteer Fire Department group
accident policy - maximum each fireman
39000000
Workmen's compensation
Statutory
Note A - 80% coinsurance
B - 90, coinsurance
C - 100 coinsurance
D - comprehensive coverage
Note Subsequent to December 319 19519 following
an insurance survey of the Village's re-
quirements,.the coverages were substantially
changed.
-107-
December 319 1951
h? '
Fire',
Fire and Extended - Coverage Theft, and Public Liability
Buildings Contents Windstorm Bodily Injury Property Damage Other
Buildings and contents:
Village Hall $
49800.00(A)
$ _51000o00(A)
Tool house - 5150 Brookside
269000.00(A)
59000.00(A)
Municipal liquor store
309000.00(A)
1049000.00(B)
Water tower
201000.00(C)
Pump house #1
500.00(A)
29000o00(A)
Pump house #2
19500.00(A)
59000.00(A)
Pump house #4
39700o00(A)
69000.00(A)
Shed o 5233 Halifax Avenue
39250.00(A)
39000.00(A)
Automotive-
Highways:
1940 International dump truck
$ 19 500, 00
$ 25
/
50, 000.00
$ 59000.00
1941 Reo dump truck
19200.00
25
/
509000.00
59000.00
1944 GMC dump truck -
29800.00
25
/
509 000.00
59:000.00
1947-Diamond T dump truck
39500,00
25
/
509000.00
59000.00
1949 Dodge dump truck
3,500-00
25
/
509 000.00
59'000.00
19 50 International oil distributor
7,40o.00
25
/
509000.00
51000 00
1946 Ford pickup,
19 000.00
2.5
/
509 000.00
.5 000 :00
1946 Ford pickup
19 000.00
25 -
/
509 000.00
59,000..00
1947 Ford pickup
19173.00
25'
/
509000-00
59 000.00
194f0 Diesal road patrol
2900O.UO
100
/
200,000.00
$5
/ 25,000.00
194: Die al road pa ,r o1.
79000.00
100
/
2009 000.00
5
/ 259 000.00
1946 M.M.Tractor with lull loader
29250,00
100
/
2009000.00
5
/ 259000.00
1951 M.M.Ttacter with lull loader
49500000
100
/
2009000.00
5
/ 259000.06
1946 Jari power scythe
3510.00
100
/
2009000.00
5
/ 259000000
1942 Toro power-mower
100.00
100
/
2009000.00
5
/ 259000.00
1948 ;street sweeper
59100-00
100
/
2009 000.00
5
/ 259 0000 00
Miscellaneous equipment
29 0000 00
100
/
g009 0000 00
5
/259 000.00
Police department:
1948 Chevrolet Tudor
25
/
509 000.00
5,9 000.00
1950 Chevrolet Tudor
25
/
507000.00
59000.00
Fire departments
4 1942 International fire truck
49000.00
25
/
.509000.00
59000.00
1946 American LaFrance fire truck
109 0000 00
25
/
509000-00
59000-00
1948 Willys Jeep fire truck
39630.00
25
/
509000000.
59000.00
Engineering-
1942 Ford Tudor
25
/
509000.00
59-000.00
1950 Chevrolet Tudor
25
/
509000-00
59000-00
Village liquor store:
Comprehensive glass breakage
Burglary, robbery and theft e within
premiums
Burglary9 robtery and theft - outside
premiums
Burglary, robbery and theft e merchandise
Business interruption
Public liability
inn
/
9nn_nnn_n'o
$ 19300000(D)
19 500.OL (D )
900.00(D)
19200.00(D)
Actual
59 000.00
59 000.00
109 000.00 /
509000.00(A) (/
_in