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1950 Report of Examination
-- 0()000 DEPORT OF MMZNA' VILLAGE OF EDINA - MINNESOTA December 319 1950 -- 00000 -- r 40000O00♦.• mgs �+ ACCOUNTANTS# REPORT ............. 6 ...... PAGE 3 COL' il' li�lVlSo.• •.••••re•oe•rs•••o.••sos••.s••e •4.••o e• ♦•• •• s•e. •. 4 COMBINEDBALANCE SHEET ..... r . ............. ♦................. 17 A1Ri j 1j' I BALANCE SHEET ........ o• 6e.• o••..•oo•.•..ev••.Y.o•e•00*00a• 19 STATEMENT OF SURPLUS — UNAPPROPRIATED ...... e ...... • ....... 20 ANALYSIS OF IN CASH BALANCES..0e.e08•0.00i..060.09 'CHANGES COMPARATIVE RECEIPTS•• 4.e•. a •s.a•r1s•••.o.eee•o00•••.•e•e•• s2�1 22 24 COMPARATIVE DISBURSEMENTS ........ .0.00000••6•.•,0...6..... MUNICIPArL COURT FINES — COUNTY AND STATE CASES...... • 0 0 0 0 . FIXEDASSETSO•••oe•e►•• see•.seo•sor • oo•••••o•••••o•s•••e•• n28 29 WOKING CAPITAL FUND: BALANCE 30 STATEMENT OF SURPLUS.• ..... ................Y.,.Y..Y..... /. 31 COMPARATIVE INCOME AND EXPENSE STATEMENT..••••.e00oo•••ee• 32 ANALYSIS OF CHANGES IN CASH BALANCES .......... 0 0 6 0 0 . • • e . • . 33 POOR FUND: BALANCE Y • • O • • • o e • e . STATEMENT OF SURPLUS — NkPPROPRIATED. • . • • . o • • 34 ANALYSIS OF CHANGES IN CASH BALA19CES.O.•..,.0♦•.•0.00•.•e. 36 PARK FUND: BALA/N�CTtE� SII/ S�ETTp.../. Ye •.•........e.eYe.......6.e..... *l 37 �m..,.... DEFICIJ. — 1rViLRENi ]P 7o•••e••es• •6•• e.e •e.0of 900•..• e•• •• • 38 ANALYSIS OF CHANGES IN CASH BALANCES • • o • ........ a . • • 6 . • . • • COMPARATIVE DISBURSEMENTS. O •.•...0..•00.m..••o.reee...•... 409 FIXEDASSETS ............... ..............•...m..e.....r... 41 SPECIAL ASSESSMENT FUND: COMBINEDBALANCE SHEET . .. e. 6....••...•e••.•.••.•.e•0••...• 42 BALANCE SHEET — SEtIER DISTRICT FUNDS•.•q.•o•...ee.•..•.••• 43 BALANCE SHEET — WATER MAIN FUNDS 0000. m 0000. a 0000... e . e . • .. 44 STATEMENT OF SURPLA..•.•....ee......e....e......r..•e.... 45 SUMMARY OF CASH RECEIPTS AND DTSBURSEMENTS ...... .0o•e..ea. 47 SPECIAL ASSESSMENTS RECEI SSESSSME TSRECEIVABLE: CURRENTAND DELINQ EIgT. . • O • . 6 6 O • . • o . . • 6 • • • • • o • o • • 6 o e • • • • 48 DEFERRED.......• e. e•♦ Y•• Ya •••or.eo•oe•e•o••e•••ooe•••o•• 49 BONDS PAYABLE AND BOND INTERPST .e.e.eee•oo.•••eo•oo•.ee••e 50 AMOUNT PAYABLE TO CITY OF MINNEAPOLIS -Y SEWAGE DISPOSAL PLANT.... .e...e..0 ♦.......e.O.......o... 51 04M 011fhn-1 COMBINED BALANCE SHEET.... 6 .....e...m9e...,..e............ 52 STATEMENT OF SUI�PL�S....... ..........•e....u....e....e.... 53 ANALYSIS OF CHANGES IN CASH BALANCES•6090066e006060.00e000 yet INTEND CONSTRUCTION AND PAYMENTS 0.0•••••.er0..•..• 56 SPECIAL ASSESSMENTS RECEIVABLE: CURRENT�AND DELINQUENT... ...••oo..0����.r•ee.•..•.e����. 5 DEFERRED►..•e.••o•.• 4.m• s• •••.•o••oaeoe•.•.••seo•••.s•••r 5q CONSTRUCTION IN PROGRESS: C� . • • • • • . • • e • • s e • • • e • m • • . e • . • • o • s • • . • • s e • s • o • • • • • s r 61 D� • • • ♦ O • • • • O O • • • • • 9 O • • • O e • • . 9 . i • • • • m e • • . • O • • 6 • • • • • 64 RESERVEFOR CONTINGENCIES ................. ae.gr•e•e••.•ee• 65 SUMMARY OF COSTS AND ADJUSTMENTS TO RESERVE FORCONTINGENCIffi..,.e000000000...0•000...00.0004000004000 68 RESERVE FOR CONSTRUCTION BOND FUND - PERMANENT IMPROVEMENT REVOLTING FUND ..a....••.00.•00.•.6• 71 CONTRACTS 72 �pPA�Y�ABLE .......... ...•m•...6.r....e....m.......•e BONDSPAYABLE . • e • . e 0 e • . • e • . r a a • • 0 4. 0.0 • • . e 6 . a e • • e e 6 e • • . r • • . 73 IMM (Cont d) DEBT SERVICE FUND: BALANCESHEET.....'..ery�.•..••. .9000......... ®•• .............. PAGE 7�r+j STATEMENT OF SURPLUS .. • . 0 . e . a 0 . . • . . .. . • O . . • • .. .. • . . . . . . • 75 SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS ............... 76 PERMANENT IMPROVEMENT REVOLVING FUND BOND BOND AND INTEREST MATURITIES9 DEFERRED TAX LEVIES' AND ALLOWANCE FOR UNCOLLECTIBLE TAXES S INKING FUND NO. 1 0 ..f a •aa0 0•s0 o.• 7 — SINKING FUND NO. 2 .................... •o••.e•••••.o.o P79 SINKINGFUND N0. 3 .... ....•..•.....•...•....••.a0.e•. (9 WATERWORKS FUND: p BALANCES17tIE f...00.o•o•• o ..•.•..•.•.os8e•es••s••s.♦••e•o 80 STATEMENT OF SURPLUS••m..••••so • os..•.oss••b0••oe•a • o,o••. 81 COMPARATIVE INCOME AND EXPENSE STATEMENT .................. 882 ANALYSIS OF CHANGES IN CASK BALANCES ......... e...e...e•... ACCOUNTS 885 FILED AS ETS •. 4 ... o •• 86 BONDS PAYABLE AND INTEREST EXP NNE o 0 0 • • o . e e • e o . o • 0 0 o e • . • . o 88 GARBAGE FUND: BALANCE 89 STATEMETOFSURPLUS— DEFICIT . •e•••••••e•e••eo•ep•••••.o••• 90 INCOME AND EXPENSE STATEMENT.. 91 ANALYSIS OF CHANGES TIN CASH BALANCES.o••ose•ss • e•oo••••o e o 92 ANALYSIS OF RECEIVABLES......... 9 ........... 01590•••0.0.000 93 SEWER RENTAL FUND: BALANCE SHEET ...... 94 STATEMENTOF SURPLUS*Oos00000eoeoa.00000eooesoob00000ecol3ea 95 INCOME AND EXPENSE STATEMENT .................. o 9 9 9 9 o 9 9 9 9. o 96 ANALYSIS OF CHANGES IN CASH BALANCES ................o..... 97 ANALYSISOF RiECEIVABLES.. 00 0.0.40.6....41o.0........eoo..•• 98 LIQUOR DISPENSARY FUND: BALANCE SHEET e. e• e e o o e• o. e• o o•• e e e 0 0• e o e 'o v• o• e o 0 o e e e o o•• o e 99 STATEMENT OF SURTPLUS... e.... ee....e.ee.o.....e..ee....e••.e 100 INCOME AND EXPENSE STATEME NT.o...00e.e••v0000•.o•o.e•o. e• 101 ANALYSIS OF CHANGES IN CASH BALANCES • . . . e • 0 . . . 0 e . . 0 0 0 e • . 0 . 102 FIX= ASSETS• oo9 o.• o. o• eoo• o.•,.eoe•o•00000•e••v•••••ee••e 103 GENERAL SCHEDULES: CASH- ALL FUNDS.•..•..•... ...•..•...•.....•.........•.... 104 SECURITY FOR DEPO, SITS....•. •...•.•.....••.......•.,...•... 105 INVESTMENTS...... ..•......••,..•.......•••...••• 106 INTERFUND TRANSACTIONS AND BAL ANCES.. ..... . . . . . 107 TAXABLE YA WATIONS , TAX LEV IES 9 AND RATES • • o o . o o .. • o e • 109 ORGANILAT ION•. e. s 110 OFFICIAL BONDS.. 13-1 1g1�1 MUNICIPAL COURT Tio..e•••••e.as••eeoee • se.••oo•••••e••• ■ INSVLIKNii E o e .. o o s o o e o o e• . s o o•• o••• e•.••• 0 0 0• o a• +• o o•••••. e 113 .•r00000•.0 V r Ju4b 269 1951 To the Village Council Village of Edinaq Minnesota We have examined the balance sheets of the various funds of the VILLAGE OF EDINA9 MINNESOTA, as of December 319 1950 and the related statements of cash receipts and disbursements, or income and expense and surplus for the year then ended. Our exam- ination was made in accordance with generally accepted auditing standards' and accordingly included such tests of the accounting records.and such other auditing procedures as we considered neces- sary in the circumstances. In our opinion, the accompanying balance sheets and statements of cash receipts and disbursements, income and expense and surplus present fairly the financial position of the VILLAGE OF ED IRA at December 319 19509 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 year. Certified Public Accountants Our certificate or report upon an audit or examination is delivered to client with the distinct understanding that any advertisement, publication, or copy therefrom, in full 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 seater mark. _3_ E R N S T & E R N S T PHI LA DU BTRMONGHAM BOSTON RGHIA PORTLAND. ME. BUFFALO PROVIDENCE CCM CADCO ACCOUNTANTS AND AUDITORS READING CINCINNATI RICHMOND ROCHESTER CLEVELAND ST. LOUIS COLUMBUS DALLAS SYSTEM SERVICE ST. ANTDNID DAYTON 5AN FRANCISCO DENVER SEATTLE DETROIT ERIE TOLEDO WASHINGTON FDRT WORT WINS T SALEM GRAND RAPI DS MINNEAPOLIS NG YOU NGST STOWN HOUSTON INDIANAPOLIS KALAMAZOO KANSAS CITY FIRST NAT L -SOO LINE BLDG TORONTO, CANADA LOS ANGELES DELIVERY ZONE 2 ORRES POND ENT AT LOU ISVI LLE MEMPHIS L LONDON MIAMI MLWAUKEE MINNEAPOLIS CABLE ADDRESS "ERNSTAUDIT' N. Y. Ju4b 269 1951 To the Village Council Village of Edinaq Minnesota We have examined the balance sheets of the various funds of the VILLAGE OF EDINA9 MINNESOTA, as of December 319 1950 and the related statements of cash receipts and disbursements, or income and expense and surplus for the year then ended. Our exam- ination was made in accordance with generally accepted auditing standards' and accordingly included such tests of the accounting records.and such other auditing procedures as we considered neces- sary in the circumstances. In our opinion, the accompanying balance sheets and statements of cash receipts and disbursements, income and expense and surplus present fairly the financial position of the VILLAGE OF ED IRA at December 319 19509 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 year. Certified Public Accountants Our certificate or report upon an audit or examination is delivered to client with the distinct understanding that any advertisement, publication, or copy therefrom, in full 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 seater mark. _3_ :y COMMERKS The following comments relate to the scope of our examination and to the accompanying financial statements: SCOPE OF EXAMTNATZON The cash working fund and cash for deposit of the municipal liquor store were counted by us on December 31 1950. Other working funds were counted during the course of our examination and were reconciled to balances at December 34 1950. Demand deposits were reconciled to the balances reported directly to us by.the depositories. Our examination of cash transactions included 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 classifi- cation of items in the various funds our examination included inspection of vouchers and claims for selected periods and the tracing of authorization to the minutes of the Council. Government securities were confirmed by us by correspondence with the bank holding the securities for safekeeping. The amount of the November, 19501 tax settlement recorded as a receivable was confirmed directly with the County Auditor and was also traced into subsequent cash receipts. 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 differences, the greater portion of which had been carried over from previous years, were not checked out. We reviewed the transactions pertaining to deferred assessments receivable. Accounts receivable from customers for service charges on sewer rental, garbage' and water were compared with subsequent collections and reconciled to the balances of accounts unpaid at April 309, 1951. We supervised the mailing of water customers' statements as of April 19 19511 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, one of which in the amount of $77.50 is still uncollected. The amount due from other governmental agencies was traced to subsequent col- lection. 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. 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 „wise inventories, made tests as to transactions recordeds and reviewed the adjust. ment of book quantities to inventory counts. We reviewed the clerical compu. tations and made tests of the prices used in the valuation of the inventory by reference to purchase invoices and other data. The inventory of water meters at December 319 19509 was recon- ciled with the beginning inventory9 the purchases' and the sales during the years We reviewed the transactions In the construction accounts and the related liabilities in contracts payable. The major additions to fixed assets were supported by inspec- tion of invoices or other data. Computation of the provision for depreciation in the Waterworks Fund and Liquor Dispensary Fund were reviewed by us. Provision has been made in the balance sheet for all ascertained liabilities of the yillage,at December 31, 1950. Accounts payable were tested by direct correspondence and other data in the Village's files. We reviewed the calculation of accrued interest and the appro. priation of cash for payment of bonds and interests 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. The amount due on property purchase contract was verified by direct correspondence. We made a general review of the system of internal control and of the operating accounts for the year ended December 319 1950. Income and receipts, expenses and disbursements were reviewed as to adequacy of classification and conformity with the 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 parkin violations were compared with recorded collections. Amounts as shown by official receipts were compared wiWrecorded collections for periods selected by us. 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 petitions hearings authorization for advertising for bids, bids receivedg contracts awarded, and hearing on and approval of assessments. .qd CO1*$NTS ON FINANCIAL STN S GENERAL FUND A detailed statement of cash receipts and disbursements is shown in a separate schedule and is summarized as follows,s Disbursements $2739317.03 Receipts , 2512217.82 Excess of disbursements over receipts 22yO99.21 Inasmuch as the foregoing includes all cash transactionsg we have recon- structed the statement, giving effect to accruals of assets and liabilities .at both beginning and end of the year9 for comparison with the budget adopted by the Council. Liquor tax apportionment $ 69800.00 Cigarette tax apportionment 59700.00 Clerical for other funds 2940,00 Engineering and administrative fees 10900 0 .00 Street and sidewalk repairs 1'500.00 Street opening fees -o- Rentals of land and building 320.00 Election filing fees 10.00 Transfer of surplus- sever districts mom Special assessment searches Sale of land Sale of maps, Junk etc. Non- revenue collection.-Park Fund Fines (excluding county and state cases) sow MOM -o- 1150 rtm Actual Actual O, ver -Uhde $178,388.48 $ 9o.61 - 759.03 39 652 - .7 - 211.08 2 $ 1,139. 109073. 4, $ 59913.55 2'400,00 J 17; 914, 6 4,933.93 11256,00- 320.001- -9.00 6,261.61 2674-00- 500.00 -- 221.34 r 9 . -o- 259.39* 259.0.3 19652.76 211.08 889.00 69573.40 3,x+3.75 19oi0000* 886.45* 96.45 -o- 714.69 39433-93 19256,00 -o- * 6,261.6. 267.00 500.00 221,34 1'150,00* $2230808.75 $262,348.29 $38,539.54 -6- Estes e_,,,,d MUM General taxes = $1799348.75 Forfeited tax sale apportionment 3 50.00 Interest and penalties 500000 Mortgage registry tax 29000.00 Gross earnings tax Licenses and permits: Plumbing licenses $ 250.00 Building permits 3950000 Plumbing, sewer' and cesspool permits 19500.00 Dog licenses 1,500.00 Other licenses 2.'020.00 0 Liquor tax apportionment $ 69800.00 Cigarette tax apportionment 59700.00 Clerical for other funds 2940,00 Engineering and administrative fees 10900 0 .00 Street and sidewalk repairs 1'500.00 Street opening fees -o- Rentals of land and building 320.00 Election filing fees 10.00 Transfer of surplus- sever districts mom Special assessment searches Sale of land Sale of maps, Junk etc. Non- revenue collection.-Park Fund Fines (excluding county and state cases) sow MOM -o- 1150 rtm Actual Actual O, ver -Uhde $178,388.48 $ 9o.61 - 759.03 39 652 - .7 - 211.08 2 $ 1,139. 109073. 4, $ 59913.55 2'400,00 J 17; 914, 6 4,933.93 11256,00- 320.001- -9.00 6,261.61 2674-00- 500.00 -- 221.34 r 9 . -o- 259.39* 259.0.3 19652.76 211.08 889.00 69573.40 3,x+3.75 19oi0000* 886.45* 96.45 -o- 714.69 39433-93 19256,00 -o- * 6,261.6. 267.00 500.00 221,34 1'150,00* $2230808.75 $262,348.29 $38,539.54 -6- w EPE General government Public safety, Police Fire ( excluding Fire Relief) Inspection Highways Sanitation and waste removal Unallocated expensest Workmen's compensation Audit Equipment rental Other • Free trimming Capital outlay; Stre t lights Fire equipment Village hall .Police Tool house Fire station Contingencies Salary - health offlper Mosquito control r i TOTAL Summary: Excess of actual receipts over estimated Excess of estimated expenses over actual $ 31,713975 $ 36,979°84 $ 59266.09 $ 268100.00 $ �5, 39.48 $ 160.52 39150.00 �29B10.27 39.73 12 L 312-07447 74 86 4 6 2 2 $ 839435.00 $-Y66041* 74 $179093.26* 3,600.00 39128.45>c 471.55* $ 29000.00 $ /4035.13 964.87° 3,OOO,OO 29224.00 780.00* 23,000.00 22'355.40 6a .6o* 5815.24" 5.2 2 * $ 38000,00 8 833.96`,$ 29166.04* $ 5,000.00 $ 8,497.27 $ 39497.27 193291D75 1,329.75 10500.00 42.7Q 677. 19157.23* 7x500.00 S 68822,22* 750.00 793• 2 43.85 750.00 18713. 963.28 1 000 -o= 0 0 0* 00 0 $ 59000.00 $ 1,000.00 $ 49000100* 360.0© 360.00/ -o- 5. 500.00* $223,808.75 $183,269.32 $x9539.43* GENERAL FUND SURPLUS Balance December 319 1950 Balance January 11 1950 -7 $38,539. - 4 INCREASE $790078.97 $1498972.95 708,8998 INCREASE $ 79,078497 Reference is made to the Report of Public Examiner for the year ended December 31' 1948, and the report of examination for the year ended December 319 1941, regarding compensation and travel.of the assessor and deputy assessor. -Claim numbers 5011 through 50209 dated Zeptember 25, 1950! aggregating $49263.00 were paid for the following -itemss ' Assessors Making divisions 120 Days service @ $7650 4.9400 Miles.travel @ $.07 Deputies; 394 Days service @ $7.50 #0 •$ TOTAL $49263.00 No information as to the dates for which mileage and compensation were requested was shown on the claims mentioned. A number of small amounts owing.to the Village have not been invoiced and as a consequence have not been collected. This should be-done promptly. They amount to $172.93 and are detailed as foll.owss E. Cow - maps of Liquor Fund snow rei DeGraff'Wulf •• Warwick Craig Co. hauling W0WaNG CAPITA Yvonne Terrace .3 1300 noval and repairs 113, 3.20 street work 9795 gravel. 19.1 TOTAL $ ..172.93 Ex penses for the year totaled $239695.659 of which the major portion $229355.40 was charged to the General Pund." Expenses increased +'404.49 over the preceding year. Expenses showing the larger increases were as followss Village labor Tires and tubes Replacement of doors $1 1 05.20 97 16 2 ago TOTAL $39937.27 Payment for three size 12 Barcol Overdoors @ $291.00 each and one size 10 @ $269.00 was made on three claims to R.-K. Peterson in 1950. Purchase order No. 3082 was issued January 279 19509 for the pur- chase of the three size 12 doors. As the purchase exceeded $500,00, it appears that the Council should have advertised for bids. -8- POOR- MUM Surplus decreased from $59624.31 at January 1 19501 to $1,211.35 at December 31 1950. Revenue receipts totaled $416.23, whsle disbursements and accruals for expenses aggregated $4,849.19. Investments in the amount of $4,000. *00 were sold during the year to finance the deficit. A one mill tax rate was levied in 1950 (collectible in 1951) which is expected to realize approximately $60200.00. ., t.0 A grant from the General Fund for the skating program in the amount of $1 000.00 was authorized but remained unpaid at December 31, 1950; such amount Is reflected as an asset of the Park Fund, The County Auditor furnished statements for the assessments collectible in 1951 against Park Fund propel which had been benefited by projects of the 1950 Series Improvement Funds ,'Ithe liability.of the Park Fund for payments on principal alone in the next ten years amounts to $29797.53 on these projects. The liability of the Park Fund for aTis ssments on projects prior to 1950 has not been determined by the Village; recommended that such information be obtained in order to clarify, the situation. SPECIAL AS sE� NT, S F UND The liability to the Minneapolis -Saint Paul Sanitary Sewer District was adjusted $190.15 from information furnished by the Minneapolis City Comptroller. As the second Installment due in 1950 had not been pro. vided for in assessments, the charge was made to surplus of Joint Sewer District No. 1. The total liability of the Village at December 31, 1950' in the amount of $369387.4? is to be financed from the surplus in Joint Sewer Distriet.No. 1 and in the Sewer Rental Fund, which at December 319 1950, contained the following balancese Joint Sewer District No 1 $289145.83 Sewer Rental Fund 12- .188.20 TOTAL $409334.03 Such balance includes delinquent taxes in the amount of $1,082.54, a portion of which will probably be uncollectible. Surplus cash in funds on which no obligations other than refunds were outstanding were transferred to the General Fund during the year as follows: Sewer District No. $ 29114 321 do 6 1,460.92 ._.1 TOTAL $ 69261.61 Sewer District No. 7 had no indebtedness other than for refunds on canceled assessments at December 31, 1950. It is recommended that a Sewer Replacement Fund be established, from which payment may made for major sewer repairs, and that the surplus in Sewer District No. 7 and any similar surplus which may arise in.the future, be transferred to the Sewer Replacement Fund. 4- Various- blacktopping projects with one contractor had been in dispute and final'settlement was authorized on February 3: 1951 with payment of $259000.009 which with payment on account in 1950.for 60 000.450 and with legal fees was in excess of the liability recorded by the Mlage by $12 6950120 The disposition of the excess$ which is now carried as un. allocated charges, had not been determined to the date of this report. It was noted that in several instances that the typed assess- ment rolls certified to the County Auditor had omitted in error various parcels which were included on the original pencil sheets; the total of such omissions in the amount of $968,69 is shown as assessments pending; additional certification should be made for such parcels. It is recommended that the typed rolls by re -added and compared with the pencil copies before being certified to the County Auditor to insure that all assessments are included. A comparison of payments with the contract costs indicates an overpayment on January 229 19519 to Ashworth & Son Co. in the amount of $29143.15 on Street improvement No. 51. It is.recommended that billing for refund be made to the contractor. Payment in 1950 for construction costs on all three improve- ment funds was made by the Permanent Improvement Revolving Fund, with partial reimbursement having been made to that fund by the new series funds. The account receivable of the Permanent Improvement-Revolving Fund and contra liabilities of the new series funds is reflected in the balance sheet. It is recommended that written work orders be issued for the authorization of additional work to be done on construction contracts9 and that reference to the work order be shown on vouchers which claim additional. work. A number of projects had debit balances in the reserve for contingencies at December 319 1950. This condition has arisen from one or more of several factors the major factors being cancellation or credit adjustment of assessments and payments to contractors and others in excess of contract costs used in the.computation of assessments. We have prepared and show in an accompanying summary (pages 689 69, and 70) the amount of costs and adjustments in excess of or less than the amounts certified and the balances in the reserve for contingencies after such changes. The larger debit balances in the summary, as well as deficits which may arise from unallocated charges previously mentioned, indicate that additional assessments will be necessary. It is noted that the Permanent Improvement Revolving Fund is being used to finance the improvement funds inaugurated under later legislation. We believe that the activities of the Permanent Improvement Revolving Fund should be confined to collecting the special assessments in which it has invested and to liquidating its outstanding bonds. Some other means should be determined for providing funds for construction for the improvement funds until the proceeds of bonds sold are available. -10- 19 Di _*_Y %I � 1j Liability to the Permanent Improvement Revolving Fund in the amount of $39473.45 has been accrued to reflect transfer to be made of surplus previously existing in those funds. The greater portion of the surplus had arisen from transfers from the Permanent Improvement Revolving Fund which were greater than the amount required for bond and interest maturities. WATERWORKS FUND The operations schedule and are summarized as Gross income Expenses: Pumping Distribution Administrative and general Operating income Other deductions Special credit NET INCOME of the fund are shown in detail in a separate foilowsa Increase 1 D c � $44.82 $37170"92-32 , 7.70 to „Gross Income 195© iTd 100.0% 100.0% $12,160.73 9,966.4466 $11,693-35 89046.88 $ 467.38 10919.58 27.3�d 22. 31.0% 210-4 1273A§2,16 6169844.66 4:1+58.46 . 3,20 .0- 0104 2 $.12,117.85 4.679.10 6 743 7 is 246.07* 0 $4,726.81 224.64* 7• 1 2.2 = 37.8% lo, © 7• 32.2% 12.4 19• 4.1 $129386.20 $ 89993.71 $3,392.49 27.8% 23.9% Water sales increased $6,088.46 over the preceding year, rates having been increased for the last three months of 1950, and customers having Increased (per meters in use) 325 during the ear. Provision for deprecia- tion for the year 1950 shored an increase of 11,120.55 over the year 1949. The special credit in the year 1949 was for refund of amount paid in lieu of taxes in the year 1948, and is a non - recurring - item. - We noted that special assessments on waterworks fund property were ordered canceled and removed from the assessment rolls. We believe these should be paid by the Waterworks Fund. The unpaid amounts approximate $ 500.00 and are payable in eight installments plus interest. GAGE The garbage fund showed a net loss in the amounts of $7.20 and $714.19 for the years 1950 and 1949 respectively. The increase in rates from $340 to $4.00 for a six -month period became effective April 19 1949% hence the year 190 had the benefit of the higher rate for twelve months while the year 1 9 had the higher rate for only nine months. Payments to the garbage collector were at- -the rate of 62 1/20 per customer per month from March 1, 1949, through February 28, 1951; on March 1, 1951 payments to the collector were increased to 700 per customer per month. Service charges to customers were increased to $4.50 for a six -month period effective January 19 1951. -11- Reference 1s made to comments on page 10, Report of Examination for the year ended December 319 1949, pertaining to charges and billings for garbage collection. We reviewed charges by the garbage collector as compared with the billings as of July 1, 1950, and January 11 1951, and found that the number of customers billed was less than the number reported by the collector on each of those dates. A comparison of amounts billed with amounts paid for collection indicates a difference of apprpximately $400.00, representing either insufficient billings or excessive payments, or a combination of both. It is again recommended that a new count be made of all homes being served, that the addressee of new and discontinued homes be required on the claims submitted by the collector, and that proper deduction be made on the claims where the discontinuance credits cover more than one month. . The following schedule compares the operations of the fund for the years 1950 and 1949: Increase to Income Operating income 195�0, $15'890.20 1949 Decrease* 1 3 $13969 .00 52,193-20 100.0% 100.0% Expenses: Collection service $159040.61 $13,325.33 $1,715.28 94.6% 97.3% Administrative and general 1 0 1.085.86 1 .1 22 * 1 .2 00. 10 NET LOSS 7.20 $ 714.19 $ 706.99* -o- % 5.2% FFP� 1 The surplus of the Sewer Rental Fund may be used, as mentioned in a previous paragraph, for payment of the Village's liability to the Minneapolis -Saint Paul Sanitary Sewer District. For the year 1950 the fund showed a profit of $19429.39 as compared with a loss of $227.71 in the pre- ceding year. The operations for the year, -shown in a separate schedule, are summarized as follows: Increase to Billines 1 e ea e* Billings $10W.76. $ 9,2 . Expenses: 25 $102 9. 1 100.6% 100.0 Operating $ 8044.18 $ 89472.69 $ 128.510 79.7% 92.1% Administrative and .general 826.14 1 ' 2. 0. 206.-16* 17 0 1 2 1 0 10 Operating income -loss* 1293. 30 . 31,594-38 129 3.3 Other income _ 11 L. 95 ��.2� 62-72 1;-3,, NET INCOME -LOSS* $ 1,429.39 227.71* $1,657.10 13.7% 2.5 * Indicates red figure. -12- LIQIIOR DISPEL The detailed comparative statement of income and expense for the calendar years 1950 and 1949 is shown in a separate schedule and is summarized as follows: Sales- Cost of goods sold Gross profit Operating expenses Operating income Other deductions $360,26o.69 283,913.12 $ 76047450 24.908.09 51,439.41 M. $328,840.69 258,1U.17 70, 28.12 842; 2.39 .v... 3.98,5.96 Increase Decrease* 231,420.00 . 2 4i.�21,02=a $ 6,018.98 2,768.64* ,787.U2- 901.73' NET INCOME 481351.18 $ 38,662.43 $ 99688.75 The factors contributing to the increase in net income can be summarized as follows: Increase in gross profit - attributable to: Increase in sales volume Less decrease in gross profit percentage Decrease in operating expenses; Rent Off ice supplies Repairs and maintenance - general Maintenance of parking lot Sundry Less increases. Salaries Provision for depreciation Selling supplies Decrease in other deductions: Interest on bonds Legal expense Sundry 6 11987.25 321.27 791.04 645.24 79.62 3,824. $260.74 11 1 1 ...;. OL6 2t 38 $ 675000 225.00 INCREASE IN NET PROFIT $ 6,719.73 zootne 61018.98 2,768.04 „ 901 .23, $ 9,688.75 A comparison of total cash balances shows a decrease during the year as follows= January It 1950 December 319 1950 DECREASE -13- $ 61915"3.81 56.129.41 $ 5,024.36 The factors accounting for such decrease and to the use of the funds provided from net income are the following: Increase in merchandise inventory Payment on property purchase contract Payment of bonds payable Increase in various assets Decrease in various liabilities Lesss Net income Depreciation expense Increase in trade accounts payable 648t351-18 2,21364 8.147,.21 $319710.93 14,200.00 15$000400 2,033.86 791.60 ,736.39 6 5,024-36 An analysis of the changes in cash balances is shown in detail on a separate schedule. Compilation of the data.affecting the accountability (at retail case prices) on beer, mix, empties, and miscellaneous merchandise reflects an excess of credits over charges in the amount of $384.92 as shown below: Inventory at January 1, 1950: Beer and mix Empties { Bitters and miscellaneous Purchased durin the year: Beer and mix lincluding empties) Bitters and miscellaneous Refunds to customers for empties Sales: Beer and mix Bitters and miscellaneous Inventory at December 31,.1950: Beer and mix Empties Bitters and miscellaneous Excess of credits over charges -14- 2,308.60 143.59 110.64 50,46 .88 502.24 056,747.26 497.24 2'41. 8 ll $59,624.93 99009. '184.92 TOTAL $60,o09.87 $60,009.87 Inventories and purchases shown above have been computed at case prices. As some sales are for less than case lots (resulting in higher unit retail prices) the accountabi Id Several claims in the periods selected by us for review lacked the signature of the vendor and acknowledgment by a notary' although the claims were complete and regular in other respects. We have commented upon a number of specific items in the foregoing comments and to which attention is directed as followss 8. Invoicing and collection of amounts chargeable to individuals. 9 Park Fund property special assessments. 10 Lack of adequate check on special assess - ments certified. 10 Financing ` construction -on improvement funds. 11 Waterworks special assessments. 12 Garbage payinents and credits. -16- AssET§ Cash: Current funds Appropriated funds COMBINED BALANCE SHEET 3 VILLAGE OF EDINA December 31, 1950 d Working Special Debt Sewer Liquor Total . General Capital Poor Park Assessment Improvement Service Waterworks Garbage Rental Dispensary S 222,021.20.$ 25;665.43 6 9,060.48 $ 249.40 *$. 11545.76 *$ 48,582.08 6 21,842.22 $ 51,353.45 $ 20_9425.95 8 356.75*$ 99678.16 $ 37,56 .34 4310 1 6 100 M 4 6 0 1 6 .11 2 ;0 2. 1 � 2 ,7 . 3 90 0. 2 9. * 1, .7 * , 2.0 21, 2.22 1,3 3• 2 ,793. 3 7 � 9, a 9 569129.45 -Investments: U: S: treasury notes $ 360000.00 $2,000.00 $ 289000.00 - $ 6,o00.o0 Receivabless November 1950 tax .settlement $ 1189759.44 $ 679832.49 $ 2.56 $ 4,o04.54 $ 16,939.98 $ 29,821.46 $ 104.25 $ 54.16 Taxes and special assessmentsa Current 16 9707.50 44,580.60 118,621.00 419.80 86.10 Delinquent 249775.90 7,113.28 19.45 389.59 6,881.87 109292.30 72.54 6.87 Deferred 848,736.01 '1369132.67 376,943.34 $335,660.00 Assessments pending 968.69 Customers 9,442.78 ` 194.93 968.69 $ 8, 51+3.8a 477.68 113-35S 113.00 Due from other governmental agencies - 86.12 Due from other funds 146.'i0_ .4o �+ 64,084 86.12 JjL63g 6 1.0 .00 8 8 0 1 0 12 0 440 .� X1,302,77 E140 19 3. 1 l0 3 $ 5 39M3- X212, 3 .50 97,2 . 9 33 , 0.00 , 70.2 >1,07 2 0. 113000 Less allowance for uncollectible -taxes . 7.1 �.� E1329912.33 4 5 1763-61 66,6B 8 '' 6 5,00 .5+ 8 0 00 113.00 97t265.-9-9 $19078.67$ 26o.476 3 . 0 70.2 $3179270.00 1,276, .52 .2129 , Inventories 96,45 ,3.51 950.74 959502.77 Construction in progress 205,45 .11 2059458.11 0 Amounts to be provided for Village share of cost of Minneapolis- Saint Paul Sanitary District sewage dis- posal plant 369387.47 369387.47 Fixed assets 7069333.50 1439252.13 179467.55 4869797.13 93.26 896.37 57,827.o6 Prepaid expenses and deferred charges 29234.34 904.24 200.00. 19070.10 Unallocated charges � 12,f25.12 ,� 19:,695,1,2 TOTALASS 2,617,481.38 $301,929.89 slo0624.og $1,839.28 6,209926.33 $3259608.05 $8379261634 6368,623.45 $522,1,76.38 $ 815.18 $17,035.01 $2109642.38 *,Indicates red figure. -17- LIABILIN IE& .- RESERVE, . ,61Y_1? SURPLUS Due to other funds Accounts payable Salaries and wages Canceled assessments refundable Interest payable Water main and sewer connection deposits Construction contracts Minneapolis -Saint Paul - Sanitary Sewer District Property purchase contract Deferred income Bonds payable Reserves and allowaiicess For contingencies For construction bond fund Surplus: Invested in fixed assets Contributed by special assessments Revaluation Appropriateds For imprest cash fund For payment of bonds and interest For payment on property contract Unappropriated TOTAL L IAB IL IT IE3, RESERVES, AND SURPLUS * Indicates red figure. COMBINED BALANCE SHEET (Cunt'd) VILLAGE OF EDINA December 31, 1950 Working Special Total general Capital Poor Park Assessment 136,302.40 $ 57,188.81 944.49 1,128.13 39,858.68 6,599.48 83,381.48 36,387.47 14,200.00 200.00 9879350-00 J'7094-48 293,000.00 Improvement Service Waterworks . Garbage Rental Dispensary 8;113.40 $ 6,000.00 $ 2,461.16 $1149866.99 $ 32473.45 1,260.40 6 63.50 6 150. -491.41 $ 627.93 399001 - 49690.57 1,785.13 1931+3-75 3988 .94 $ 439964.07 92.40 852.0.9 1,128. 547.4 13 5,408.25 1$08.00 319150.00 1,245.00 3 1619709.31 1439252.13 304, 250.10 37,561.22 100.00 100.00 13,286._25 9,645.36 17,467! 55 6,599.48 83,381.48 36,387.47 2do.00 192,350.00 276,000.00 334,000.00 1409000.00 37,394.48 293,000.00 304,250.10 37, 561.22 4,367.50 93.26 896037 14, 200.00 45, 000.00 8, 918.75 9t645-36 i262993-72 11+9- 972295 810,624,09 __Is.213 118414.,6-1 685,-13* 8 Z j 514. 68 $296179481!38 $301029.89 $109624.09 $1039.28 $20,926.33 $325,608.0 5 6837,261-.34 $3689623.45 9522,176.38 $ 815.18 $17,035.01 $2109642.38 C'�'BC�L'�.�"'__'L'�LS�. __ _a�,�+ C�'._.wr�.'_"C - "-- �"- 'r�.*�* -�• w..�.`e%'.- .�S'ri C:�- �..s.IIL' �`..'�''3'3S+ii' �.�.. --� T..r..3_-- �'+G�" L" _L�iL`S -18- c � VILLAGE OF EDINA December 31, 1950 AS`_..:• Z§ Cash - current funds: Demand deposits Workin fund Receivables: November, 1950 tax settlement Sundry Due from other funds: Permanent Improvement Revolving Fund Park Hind Sewer District No. 9 Waterworkis Fund Taxes receivable - delinquent Less allowance for unrealized revenue Fixed assets $25,665.43 ��. 00..00 $ 25,765.43 $67,832.49 194.93 $55,167.75 6,000.00 2 ,461.16 ,1x2 66..00 64, -84. 132,912.33 LIA�3ILITIES Due, to other funds: Permanent Improvement Revolving Fund Working Capital Fund Park Fund Accounts payable: Fire Relief Association Municipal Court fines due to county and state Appropriated surplus: Invested in fixed assets For imprest cash Surplus r unappropriated 0 -19- 7,1.1,3.28 79.113.28 -o- _... 22 5. $3019929.89 5,549-79 1,563.61 _ 1, 000. 00 8 ,113.40 $ 200.91 290.0 491.41 $143,252.13 100.00 143352.13 142 . 992.9,5_ $3012'929.89 Z , a Av� A tir 1 � ..' dtil R i ' • B � � � e s s � a� _ i �� VILLAGE OF EDINA Year ended December 319 1950 __ _______ �sra 4.r arF�riarrarl►T Balance at January 1, 1950 Additions: Cash receipts Less non- revenue receipts: Collections for Fire Relief Associations Tax settlements Insurance premiums tax Collection of accounts receivable accrued at December 31 1949 November, 1949 tax settlement Increase in sundry receivables: December 31, 1950 December 34 1949 Accrual for engineering and clerical services charged to Improvement Funds Accrual for street opening fees collected by Waterworks Fund Due from county treasurer: . November, 1950 tax settlement Less portion payable to Fire Relief Association Deductions: Cash disbursements Less eliminations: Payment of liabilities accrued at December 34 1949: Due to other funds Death claim Auditing fees for 1948 Fire Relief Association Loan to Permanent Improvement Revolving Fund Collections remitted to Fire Relief Association Liabilities accrued at December 319 1950 - Permanent Improvement Revolving Fund Working Capital Fund Park Fund Increase in fines due to county and state: 6 70,893.98 $251,217.82 � �67�61 8 1119 7, 012.38 _ 56,2 ,,046, , 23 . �614 91669240.74 194.93 r...� 11.00 181.93 71287.75 1,256.00 $679832.49 200.91 62.6-11.58 . •i !• $273017 =03 $41,562.33 3,5004.00 39113..9 44 8487362-64 47,880.00 „ 1,218,47 6 6175,155-92 S 5,549-79 1,563.61 12000.00 81113.4Q December 31, 19 '0 $ 2903.50 ; December 31, 199 �, 249.00 Adjustment of November, 1949 tax settlement 02-1 183,519.03 BA%ANCE DFCENBER 34 1950 01499972.95 rr���e— ieeFreZ.�%w -20- QEUML EM A IS OF CfffiNGFS CASH BALANCE§ VILLAGE OF EDINA Year ended December 319 1950 ----------------------------------------------------------------------------------------------- Balance at January 19 1950 479764.64 Receipts 29 211,212. 982 Disbursements 223.- ,,.. . BALANCE DECEMBER 31, -195© $ 25, 665.43 0 0 VILLAGE OF EDM Years ended December 31, 1950, and 1949 November tax settlement of previous year received in current gear: Accrued for books Add adjustment March and June tax settlements: Real and personal property:` General Firemen's Relief Association Forfeited tax sale apportionment Interest and penalties Mortgage registry - Licenses.and permits: Plumbing: Licenses Permits Building Sewer Cesspool Bicycle Beer: On sale Off sale Bowling alleys Cigarette Food Liquor Pinball Taxicab Theatre Sign Dog Miscellaneous Municipal Court- Fines and forfeits Bail deposit -prior year Rentals: Land Caretaker's house Equipment- -22- Increase 1950 1949 Decrease* 56,046.94 8 54,64044 1* 22.01 .' 6 .5 23 $114,137055 357.86 456.34 786.59 .. 1,139-00 3,106.75 109073- 1, 41. 00 496.00 271.55 350.00 60.00 160.00 312.00 198.00 200.00 200.00 60.00 1,45.81 490.00 9.00 1 , $ 149965.25 0.00 159015.25 91,001.97 314.93 177.75 415.72 669.95 ,580.32 1,075.00 1,554.50 5t539-50 736.50 7.00 2 63.55 358.34 60.00 160.00 313.00 2 .00 200.00 350.00 60.00 75.00 315.18 1,260.00 4.00 1185.57 6,887.00 - 7.00 20.00 20.00 300x00 300.00 o- �.�0.0 "- 320.039 6 .0 $ 1,406.44 22.72* x,383.68 $232135-58 2.9 4062 116.64 $239248.93- 64.00 1, 53523.25 496040 259.00 412.00* 8.34* -0- 1.00* 6.00* -O- 150.00* -o- -0- 169.37* 7 ?4.00 , /vv. 89078.25 50.0 .2 -0- -o- o.o 70-6f* GENERAL FUND COMPABfiTIVE RECEIPTS (Cont 'd) Revenue from State of Minnesota: Insurance premiums tax Liquor tax apportionment Cigarette tax apportionment Departmental fees and service charges: Election filing fees Engineering and clerical services: Permanent Improvement Revolving Fund_ Waterworks Fund Sewer Fund Garbage Fund Street repair after local improvement construction Street repair after gas installation Collections on accounts receivable accrued at December 31, 1949: Park Fund Permanent Improvement Revolving Fund Independent School District No. 17 Other Transfer of surplu s ca sh: Sewer District No. do 5 do 6 Other: Special assessment searches Sale of Grange Hall land Charges to liquor fund Sale of maps Sale of junk and sundry Sundry * Indicates red figure. TOTAL -23- Increase 3.950 1949 Decrease* 1,560.61 5,91j. �5 13 9270-61 $ 1,871.14 6,850.305 6 14,459.-T9- $ 310.53* 936.80 ,l .7 $ 9.00 $ 6.00 $ 3.00 10,626.94 1,200.00 600.00 600.00 -0- 4 2.00 171787-94 3, .00 4, X0 3.60 1,017.28 0 71012-3-9 2,581-72 614.31 1,460.92 1.604.66 ,261. 9,477.49 1,149,45 12200.00 '~o- 600.00 -o- 600.00 -o- 2 305'40 2.23-8.60 35'* 1,r._ 22.14:5 3.0 .0 $ 437.53 .�©_ 895.5'8 $ 267.00 $ 500.00 -►o- 26.50 63.30 l 1. 5 08 $2519217.82 ,333• -o- -o- -0- � ®o 132.00 _o.. 698.98 6150 $199,087630 �ti Y $ 1,500.00 4,024.0 1, 017.2 862.08* 2679. $ 2t581.72 614.31 1,460. 6 2 1 $ 135.00 500.00 698:98* 20.00 63-30 1 $52,130:52 VIIJ AGE OF EDINA Years ended December 31, 1950,and 1949 General government: Mayor and trustees: Salaries: Mayor Trustees Publishing ordinances and notices Travel Lawsuit expense Supplies Other - Municipal. Court: Salaries: ,Municipal judge Special judge Clerk of Court Assistant Village attorney Bail refunded Fines transmitted to state Supplies Board of prisoners Other Elections: Salaries - judges and clerks Supplies Rent Village labor Other Treasurer: Salary Premium on bond Assessor: Salaries: Assessor Deputy assessors Supplies Mileage Attorney: Salary Fees and expense: McGannon lawsuit diesel lawsuit Other -24- Increase 1950 1949 Decrease* 960.00 $ - 960.00 -o- 21160.00 21160.00 -0- 286.83 404.57 X7.74* 65.60 133.68 68.08* -0- 66.22 66.22* 2. 19.00 23.05 22.8 29FA.08. .02* IS 3, 3 -34, § 3,771-35 234-01* $ 900.00 900.00 $ -o- 2 25.00 60.00 215.00 5.40 245.40 -o- 357.90 -o- 357°90 _o- 50.00 50.00* 90.00 -o- 90000 237.20 64.60 172.60 110.52 117.00 6.48* 1.2 ? 2.10 2§ . fln 2 .3 '°1, 39.3 0 . o 1'208.81 595.78 1'313.03 wo- 20.00 20.00* i ?643 2$1.03 d6.0 * 21544.49,10- 11419.96 1, I.2 . 3 6006.00 $ 600.0 $ -o- 1.21 2 26 -2- F .2 .2 4 - o�.._. $ 11000400 11000.00 $ -o- 27955.00 2 , 602.50 352-50 176.60 167.50 9.10 08.00 60. 4 F= . O* 39. ,130. 50 9 309.1 $ 1,200.00 $ 11200.00 $ -o- 19250.00 -o- 1,2 50.00 300.00 -o- 300.00 1 �o�- � 2,769-37 19200.00 10 QM ML 4 MiD COMPARATIVE D ISBURSEMS, (C ont 1 d ) �os�os .r General government (cont,d): C leek: Salary Clerical: De C leerriiccal salaries Supplies Postage Maintenance of equipment Other Village hall: Janitor service Supplies Towel service Light and power Water Telephone Fuel Insurance Maintenance of building and grounds Planning Commission: Consultant fees Other M- TOTAL GENERAL GOVERNMENT Public safety: Police protection: Salaries Supplies Police radio service Drunkometer tests Other Fire protection: laries Supplies Insurance Power for siren Telephone Advertising for bids Fire school and convention Equipment expense Other Transmitted to Edina Firemen's Relief Association Inspection services: Salaries: Building inspector Plumbing inspectors Supplies and other expense TOTAL PUBLIC SAFETY -25- Increase 1950 1949 Decrease* 960.00 960.00 $ -o- 3, 926.71 10,596.99 19554 .93 286.59 65.18 11.26 17942le 3,681.00 9,1].2.25 11226.02 279.86 56,oi 8.00 152323' $ 3 34.71 $ 2 0.95 47.61 69-• 77 484.94 43.93 33+.71 36%.(4 533.11 333.17 303.33 17.91 4b0 60 17.91 848. 2 6 21563-31.,$ . 24 ,71 48 1,.74 328.91 6.73 9.17 21.26 290980 $ 83.76 22.16 18.85 119.20 18.32 89.18* 29.84 -o- 107.92* MA? $ 621.51 6 11058 62 $ 437.11* - 2.00 62.00* 21.1 , .-a 6 499.11* 179.00-;' 129.00 50.00 361979.84 6 31,658.40 �5 5021. $ 24,518.50 533.58 700.00 12/0��.`000 67y .40 $ 25, 939. 3 1,3 i•t55 1R5, 00 X2.00 2''++0.00 -o- 269.60 -o- 23.22 Nr $ 29505. 0 3,652.86 166. 69321.11 37,179• $ 22582940 311.86 700.00 r 0- 65.98 22201. 08 150.00 11.00 83.38 69.10 206.50 103.5 18,472 $ 11565-32 1, 87'4+. 54 . 1 33,6254."69 $ 1,689.50 221.72 -0- 1200.-000;- 2,0312.64 „ 2 1Fj* 5.00* 158:52 69.10* 63.10 104. S05* $ 939.98 1,778-32 2 2 0 31524-95 Highways: Village engineer: Salaries: Village engineer Assistant engineers Surveying services Supplies Travel Other Street lights and traffic signals Street commissioner - salary Labor Materials and supplies Street signs Equipment rent Sanding and snow removal: Labor Material and supplies Other Village share reimbursed to: City of Minneapolis Permanent Improvement Revolving Fund Patching and sealing Sidewalks, curbs, and gutters Bridge widening Other TOTAL HIGHWAYS Sanitation and waste removal: Weed eradication: Labor Supplies Rental of equipment Other - Rubbish disposal: Labor Maintenance of storm sewers: Labor Supplies Miscellaneous Richfield outlet sewer Care and disposal of animals TOTAL SANITATION AND WASTE RE140VAL Unallocated Workmen Is Audit for Equipment Working curren t other expenses: compensation year 1949 rental: Capital.- po years char insurance rtion of go TOTAL UNALLOCATED EXPENSES -26- Increase 195© 1949 Decrease* 5,594.50- 6,121,4+ 51698.08; 51227.91 19567.50 2,648.69 27.31 48.30 502.1 2.86 110.46 104.98 10,2433.09 � 8,597.57 3,65b.85 3,657.? 129922.67 179581.79 10,511.6? 129391.89 1,14.13 29382 577:9, ?,079.09 830.02 15.01 -V- ..Q4 870.40 90.77 -o- 0,791• 867.37 297.90 176.90 15.00 67.51 19362.63 178.26 -o- 162.88 9 .ir-v . 4,128.61 627.74 >2•75 184.50 9!p 3659 91.14 2.26 5,255.00 259.32 9 513.0 762.29 306.00 371.20 �o- 60.12 2,015.64 1, 929.65 562.3 14.82 $ 526.94* 470.17 1'00$$1.19* 75.40* 62.16* 102.12* 1,645. 4,659.11* 1,880.22* 1,208.65* 577.85* 2' 251 202.28 2.26 184.50* 9,365.94* 39.26 851.49* 59255.00* 100 _ C?* 209721.3.2* 105.08 8.10* 194.30* 15.00 ?•39 653.01* 1,751e 9* 565; 31+* 18.06 3,329.41* $ 11035.13 S 1,199.16 6 164.03* 27220.00 -o- 21220.00 20, 7.79 24,387-31 -o- 26 . 11462-67 20,791.79 322,924064 GENERAL .E= DISBURSEMTS (C ont' d ) Tree trimming: Labor Other TOTAL TREE TRI%24IlVG Capital outlay: Highway: Filter mixer and sander - less trade -in allowance Bituminous distributor Mover and lift International truck Sand spreader Traffic controls Dodge truck Sundry Engineering: Chevrolet sedan Miscellaneous capital expenditures: Fire Village hall office Election Police Tool house Street lights TOTAL CAPITAL OUTLAY Reimbursable expenditures: Loan to Permanent Improvement Revolving Fund Loans to Park Fond Loan to Sewer District No. 5 Services for contractors Services for liquor store Sundry TOTAL REI�JBURSABLE EXPENDITURES Prior ear's expense and encumbrances: Due o other funds at December 31, 1949° Working Capital Fund: Equipment rental - year 1948 Equipment rental - year 1949 Park Fund Permanent Improvement Revolving Fund Waterworks.Fund Death claim Auditing fees for year Sundry TOTAL PRIOR YEAR'S EXPENSE Salary of health officer Transfer to Park Fund for AND ENCUMBRANCES skating program TOTAL -27- Increase 1950 1949 Decrease* 743.57 6 833-96 4. 299.00 4, 345. � 3,306.27 399000 -o- -o- -o_ X97.2 $ 3,372.09 3, . d0- —o- -o- -o- 3,697.00 2,15.00 18 F-61663-87 $ 1028.75 $ -o- $ J427,7 7 -o- 793.85 1,713.28 1.00 13,35v.-70- $ 2,164.74 167.45 95.20 106.32 578.94 -o- 9 3.132.65 $ 47,880.00 $ -o- -o_ 146.203 F 48 2 ' . 9 :776.52 -o- 7,500.00 2,395-58 -o- �V 13 ,302...1.. 21 $ 22,146.07 8 -o= 179563.36 _o- 58.95 -o- 1,759.60 tw© 1, 2.33 9 3,500.00 -0- 3,113.97 -o- . -o- 1 r 460 4 17 •30 6 0. 5 360.00 , 360.00 1.500.00 $ 2,629.52* 17.62 2163-1.90* 2.00 4,Ia. 00 345.00 3,306.27 399.00 3,697.00* 21M.00* �* 1, 33. 0 $ 1,328.75 $ 11821.97* 510.33 665 5330* 123.3 % 1.000 416. 3,576- $47,880.00 2;39.58* 116073 43.20 .3.321.71* 34,822. $22,1 17,5 1,7 31500,00 13'460. * 5-32715-85 -o- 1.500.00* s�rarr.r�� $2739317-03-6198t591-73 $74,725.30 M ICIPA�L COURT VIM - CO= AND 9ATE Cp l_ VILLAGE OF EDINA Year ended December 31, 1950 _------------------------------------------------------------------------------------------ County State Total - - -- Balance payable January 1, 1950 $ 35.00 8 6.50 41.50 Fines collected 24 00 2 .00 90.00 9 . rO 3 0. r Transmitted to county and state o- , 20,00 90200 Balance payable December 31, 1950 $2$4.00 0 6.50 $290.50 Land Buildings Furniture and fixtures Equipments Highways Police Fire Election Miscellaneous. MYY I` ; FUM ASSETS 9n "- GE OF .EDINA Year ended December 31, 1950 TOTAL -29- Balance Aadit �.._ RSd. ugtI ns Balance January Trade `- Cost of Reclassified December 19 1950 Expenditures Allowance Trade -in to Parks 319 1950 t 14,795.00 211417.95 19713.28 59173.83 677.78 659-826°37 89497.27 5- 9084.24 793.85 25,635.10 342.77 930.58 1,329,75 $138,863407 $13s354.70 58024.00 S 69471.00. 23,131.23. 5,851.6. 550.00 $1,105.00 73, 768.64 1,006.59 19393.23 5,491.45 25,977.87 930.58 -,30-0 *29 1.622.75 $19856459 $2,498,23 $8024,00 0143,252.13 c 3 VILLAGE OF EDINA December 31' 1950 ----------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------- �ss a Cash - current funds $ 91060.48 Due from General Fund 1,,5, 61 ffi109624.09 I W Surplus unappropriated 910 1.624 -.09_ r $10,624.09 -30 STATEMENT OF U VILLAGE OF EDM Year ended December 319 1950 ----------------------------------------------------------------------------------------------- Balance January 19 1950 $109644.99 From income and expense for the year 910,644.W Lees adjustment of account receivable 20.90 Balance at December 319 195010,624.09 0 VILLAGE OF EDINA. Years ended December 31* 19501 and 1949 ----------------------------------------------------------------------------------------------- Increase 1950 1949 Decrease* Income: Charged to other funds: General Fund $229155.40 $179563.36 $49792.04 Waterworks Fund 19000.00 11000.00 -o- Parks Fund 100.00 100.00 -o- Sewer Rental Fund 100.00 100.00 Liquor Fund 23, 917,d27.66 � ?27.7 Refunds received and rentals from others 14o.25 4 TOTAL INCOME 623j695.65 $19M'1016 $49404,4 9 Expenses: Village labor Gas and oil Repairs and replacements Tires and tubes Replacement of doors Insurance Fuel Power and light Telephone Supplies Sundry TOTAL EXPENSE NET INCOME -32- 6,396:2 5, 3.64 54.18 1,738.20 1,142.00 19607.80 851.90 316.11 187.40 325.11 t 5,339.16 ,228.17 ,910.10 2,269.08 70 ?•49 268.45 185.00 253.17 1,40.54 919.291.1T $19057.07 31.47 577''x+.08 1,738.20 1,142.00 661.28* 144.41 47.66 2.40 71.94 27.46* 0 -o- -o- -0- WOXG AP ILQ MM ANAZ.YST CHANGES IN GA3,B, BALANgIS VILLAGE OF EDINA Year ended December 319 19% ---------------=------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------- Balance January 19 1950 $309301.04* Additions: Collections for prior years' servicess General Fund $399709.43 Waterworks Fund 19000.00 Park Fund 100.00 Sewer Rental Fund 115.70 $409925.13 Collections on current year's servicess General Fund Less unpaid at December 319 19% Waterworks Fund. Park Fund Sewer Rental Fund Rentals and refunds from others Deductions; Expenses -from income and expense state- ment * Indicates red.figure. Balance -33— $229355.4 1. Ifia.61 209791.79 19000.00 100.00 100.00 � 2s25 ..22t132.124 *32056.13 r at December 319 1950. S 99060.48 . spa POOR F BABA V CET UGE OF EDINk December 310 1950 -----------------------------------=----------------------------------------------------------- ----------------------------------------------------------------------------------------------- AgSETA Cash 80 current funds Investments II. S. Government securities .. at cost 4 Receivablesi Novembers 19501 tax settlement Relief grant - State of Minnesota Delinquent taxes Less allowance for unrealized revenue Accounts payable Surplus - unappropriated Indicates red figuure. kjMIL(TIES .r3).s $ 249.4o* 20000.00 $ 2.56 86.12 $19.45 �9 -. 98 -fig . , $1,639.28. ==== I == 62%,93 13� $1,839.28 OOR F tab STA bF S PL UNAPPROPRIATED VILLAGE OF EDINA Year ended December 319 1950 Balance at January 1,, 1950 Additions - revenue receipts and aecruals�: Collections of delinquent taxes Relief grants-..State of Minnesota Reimbursement from recipients Interest on investments Deductions - disbursements and accruals: Suburban Hennenin Countg Relief Board: $50624.31 $ 7.00 275,21 567.07 $69060.54 Relief orders' $40270 9 Administration „�-Z 9.25 $4007-.19 _ Medical and miscellaneous 42029 Balance at December 31, 1950 $11211.35 _35_ OR FUND ANALYSIS OF CHANGES IN CASE BATS LACES VILLAGE OF EDINA Year ended December-319 1950 ------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------ Balance at January 1' 1950 Receipts: Sale of investments Tax settlements - -collections of delinquent taxes Relief grants - State of Minnesota Reimbursement from recipients Interest on investments Disbursementsa Payments to Suburban Hennepin County Relief Board r 0 113 *54* $40(900.40 12,1+9 57.07 293.1 Relief orders 1+6 $39726. Administration Medical and miscellaneous 8,00 2 Balance at December 31t 1950 $ 249.40* * Indicates red figure. -36" PARK FUN B"NCIEE`.E` VILLAGE OF EDINA December 34 1950 g � SEA, Cash - current funds Receivabless November 1950! tax settlement - remitted by CZ1i Treasurer in February, 1951 Taxes receivable - delinquent Less allowance for unrealized revenue Due from General Fund Fixed assets T xAMUNEE& Due to ether funds Accounts payables Unexpended contributions for specific purposes: Cascade pumping contributions Dwight Williams Memorial Park Sundry Surplust Invested in fixed assets Deficit m. current fund Indicates red figure. 4 -37- $ 1, 51+5.76* $4,004.54 -0- Is-M-92 59004.54 19.467.55 $20,926.33 - $ 61000.00 21.E $ 270.68 12 399.01 17X467.55 .2..40, * $20,926.33 r f ^ DEFICIT C ENT FUND VILLAGE OF EDINA Year ended December 314 1950 Balance January 11 1950 Additions: `.ax settlements received: March, 1950 June 1950 Accrual of November! 1950' tax settlement Accrual of grant for skating General Fund Collections from Mornings de swimming program swimming registrations Deductions: Disbursements fors Swimming Baseball Skating riz*s Parks and general Capital outlay, e Indicates red figure. $ 44804.70* $1t01+3e99 ©86•7o $ 4130.69 4004. 14000.00 . . 1, 04 2 21+ .53 $214+6.47 522.99 54613.17 2,073.05 2 11 3.82 76 Balance at December 31, 1950 $ 2,940.23* _fig.. PARK FE MALYSIS OF CHA_ _ QES „I CASH BALD VILLAGE OF EDIHA Year ended December 319 1950 ------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------- Balance January 1$ 1950 Receipts:. Tax settlementsf November, 1949 14arch, 1950 June.$ 1950 Morningside portion of swimming program Swimming registrations Collection of amount'due from other funds Cascade pumping contributions Disbursementss Swimming Baseball Skating rinks Parks and general Capital outlay Payment of liabilities incurred in prior year Cascade pumpingt Total expense Less Park Fund share Charged to contribution account Less account payable at December 31 1950 Indicates red figure. $ 95..96$ 1 0+5:99 �6 . , 8, c ,moo sil. o06, 38 444"00, 1+68.00 58.95 ..._.�.n56'00 122512,3A 11,E 0837 :522.99 5,613.17 2,073,0 %7.09 $ 701.70 221Q,00 Balance at December 319 1950 r39° 195-1+5o76* SARK F COMPARATIVE DISBURSEMENTS VILLAGE OF EDINA Years ended December 31, 19%, and 1949 _ � , r....r._.'� -c. r�...a._�_��.�r� .�.�....._....�- Vie...«-- •'��a�a _ �. � .._...�r.�x��::c��.��_..,���-:� Increase 1950 1949 Decrease* S1S' .+. �. �... �..,..- �s` �` r`."'►+.. �ww. �®. w..'. J'.-.. �wi."`.. 4".. r""" ri+ �+'-"-" L'^. ���eren�.' �-'.". cS. ��. � .+`►�.- �n.°r�er.�.i.��LL'..."�w r`..'..3' �9 `�..".r...'�+�i..- ..w`."...^�.S :S :".o�'.,`..�'�.«�w Swimming Instructors Bath house attendant Bus rental Sundry Baseballs Coaches Umpires Bats balls, etc. Bus Arivers Sundry Skating rinkss Labor Salary of attendants Pourer and .light Lumber Fencing Signs Faint Sundry Parks and generals Labor Water Cascade pumping: Park Fund share From contribution account Equipment rental . current year Flower plant" Summer recreation director Sundry Less amount charged to contribution account Capital outlay: ice planer Skating house - lumber and material Sundry Payment of liabilities incurred in prior Equipment rental Annual installment on loans from General Fund TOTAL * indicates red figure. $ 1,098.00 89.25 19000.00 259.22 2$446.47 286.00 40.00 68.95 75.E 5 522099 2,398.5.5 29501.24 310.51 83.70 59.92 $ 19023.04 50,00 250°00 451, 70 100.00 11.8.80 500.00 11.21. 29 524.7 928„00 53.55 11092.0 1920 500.00 32.50 92.E 8. 712.27 $ 29147.64 194"6. 2 48.0 5 3 9 7. 0 19237.07 75.00 250.00 226.57 ;�, s • � n 170.00 35-70 92.00' 3 253.65 � 21�. �o* 28, 84* 43.00 0 189.29* $ 250.91 1,054.92 107.85 310.51 . 2 R.92 774 . '65 ll`" $ 214.03* 25.00* 225.13 100.00 118.80 2060.04 8 2 . 1 1+51 29073. 229.7 223.14 $ 69.20 3688.18 27.E year r $ 100.00 �0 O 388.18 79527.31* $ 100.00 K! N IT $129782.76 $169476.93 $39694917 #. Y EM Fn F VILLAGE OF EDINA Year ended December 31, 1950 ----------------------------------- Balance Balance January i A dit_ gng , December 10 1950 5enditures Trans ®rs 31., 1950 Parke $79496.70 $8024.00 $159820. -70 Skating rinks 1311277 852Z&O§ TOTAL 88,616.47 $527,08 $89324.00 $17,467655 Note A - Transfers represent land used for parks which previously was shown as an asset: of the .General mod. SPECIAL ASSESSMENT RINDS COMBINED BALANCE .. &BEET r r r �r.e�.+. . ww VILLAGE OF EDINA December 31t 3950 e ��- ��- �--- ��,:�:.��.._... ._..arm- ��::,= �°���- .---- ---� -= � --- -: ��_.:� -.- �- •�as�- ��_��s�csrac��m =,- :.- :- :�._.�_.,:.r,.�. _�� s-��s� :; Street _ Sewer Water Improvement Combined Districts Mains No, 1 S BTq Cash. Investments - U. S. government securities at cost Special assessments receivable current and November 19501 tax settlement remitted by County heasurer in February 1951 Certified in 1950 - collectible in 1953. Delinquent delinquents Special assessments receivable - deferred Taxes receivable - delinquent Due from 1.950 Series Improvement Funds Amounts to be provided for future payments as Village share of Minneapolis -Saint Paul Sanitary District sewage disposal plant TOTAL ASSETS LIABI=IES Due to General Fund Canceled assessments refundable Interest payable in 1951 Bonds payable Payable to City of Minneapolis for Village share of sewage disposal plant Surplus unappropriated TOTAL LIABILITIES -42- 48,582.08 289.000.,00 $ 16 98 'i2 �_- X332.77 ..136.,19.- 8,303,38 .. 6 33,8 2 $3252608.05 $ 2,46i.16 11128.13 51408.25 192,350.00 6 72 04 $325,608.05 $ 33082.74 23- 000,00 $ 12 3J7.81 32,1 6.32, 891.152 O,Y,. 84t 61 19'.-833 8,103.,3$ $2351,806, 8 2 1461;,,16 4,93 ,92 88.,50 125,500,00 361387.:47 $23'5, 806..68 $13,938 *36 51000,00 S 3,6.25 101286. 9 02 2 l 3. 419220,g 110 5 $75,044.42 $ 134.21 737.75 52.1850.00 1R $75,PO4* 42 1,260,98 $ 917.92 - 21107.89 3 s 043, ,,..14y4j'2.3i $14:,756,95 $ 182.00 141,000,00 $14,756.95 §PEC , ASSES Sr r. F BALANCE SHEET - 6MfflR DISTRICT FUND $ S' Cash SS Investments - Uo S. Government securities - at cost Special assessments receivable - current and delinquents. November' 19500 tax settlement remitted by County Treasurer. in Februarys 1951. Certified in 1950 collectible in 195r Delinquent VILLAGE OF EDINA December 319 1950 Total Joint 141 No, 4 Now 5 No. 7 No, 8 No 9 No 12 No. 13 r No. 15 No. 16 No. 18 No 19 No. 24 $ 33,382.74 $ 79832.77 $9.50 S 25.47 $29360.19 $ 79242,00 $ 502.42 *$.29782.29 $ 5,363.50 $ 41000.66 $2,133.18 $ 515.65 $ 710,36 $ 909159 239000,00 119000.00 29000,00 -. 5,000.00 29000.00 39000,00, 129337.81 $ 127A)+ 87.16 48.72 $ 39167.52 $� 694.74 -$ 19119.77 8 21884,93 $ 29853.20'$ Woo $ 23341 6 266*79 $ 245.93 329186.32 -: =, 79393.99 ;3,288.56 2,681.01 7,.369.54 7,654.80 i,441.06 659°75 691.78 1,o0 .8 581 o82 _ 02 0 1.264. 88 122 ,� 4280 6; e8 2° 188 8 50.4 1 1.209.65 moo,► .1 48.72 �.2 y . e 31 9 27. X10, �i3 2 81 .1 958a 7 Special assessment receivable - deferred 84,459.61 10,889.29 27,933.76 29,446,32 59542.10 3,272.04 3,074.58 4,301.52 Taxes receivable delinquent 57.83 57.83 Due from 1950 Series Improvement Funds 8403.38 89103.38 Amount to be provided for future payments on Village ; share of Minneapolis. Saint Paul sanitary District I sewage disposal plant r 6,,87 4 �.6.�8 TOTAL ASSETS $235,806.68 $649533.30 39.50 3112,63 $29408.91 $219505,61 $9,803.59 $179530„li $46,824.70 $4 7,283,65 $99815.42 84075+.00 $4,743.51 $69481975 C'�..�.r�'_2'C� � S"'^"".��.� �• �_+�"r...L' ter° -�.��. +.��r"S.��`.A' TS.- .,�.�.- ..�.i�'3 ��aS.L -LS ZS- '- "-- '�""" L'�""5��...�w� -. L'"3�-- �:�L'L`LJ', L`.- �.'.. +'�'L""�' r....C�- .�".._''�" ���.- �- ..".+- .�-.^. �... -w �L"� LIABILITIES Due to General F'nd Canceled assessments refundable Interest payable in 1951 Bonds, payable Payable to City of Minneapolis for Village share of sewage disposal plant Surplus d unappropriated TOTAL LIABILITIES Indicates red figure. $ 20461.16 $29461.16 993 .92 8 25.47 $ 15.,.56 $ 637.11 315.78 4,488.50 495,00 - 75.00 $ 236.25 $ 1,480a30 6 10500.00 290.00 3 56.00 $ 150.00 206.25 125,500.00 11,000.00 `,5,000.00 11,000..00 38400600 399000.00 7,500.00 49000,00 4,000.00 59500.00 36,387.47 #36,387.47 975� 6 - ,28,14 9.50 87.1, 2.' 9 �,� ,,, j ,��,,29� 86 6.844.70 6 s 28.65, �,�0 ?�5.?�2 . � �, 48.00 -- 523,51 - 775_ KO $2350806.68 $649533630 $9.50 $112.63 $29408.91 $219505.61 $99803.59 $17430,11 346,824.70 $470283.65 $9,815.42 $49754.00 $40743.51 $69481.75 ����- y�.^..'...� �.- �..- _. -�. -� �`�.C.'.S .��-� � " .+_�.�.��° -L"' 'r.^..'.L'�C7�« i"..0 1'i'r".�L' -.�'� .��.��..- .�.`��.'w"�..� �".`.� .^^�+�.�� ��� ..•- �L'.�`►o ' 1^..' �.-. �..��0'..'.ZL...- `�.+T.�`..�3"r �.�- - --��� 'S'�"�'r^'..- .""".�.SII -1Fq.. SPECIAL ASSESSMENT FONDS BALANCE SHEET F - WATER IN FUNDS VILLAGE OF EDINA December 31s.1950 _3".LS�'.L`.- ..�C.'SS�_ ' L' L"._ L' r..- ��- .�L"'�""«.�'.'_'CS"..�.� -.`. �L""S�"!Y�.'T._1�.'+.".`` �_ L' 3' Z.�.- �L'1�.�.'��.- .+`�C"1".i'.' r`..r"�'�SL'.- ��- .���""' r"'�`.SS�... , �. 1'._.^.. �L''" o .- �`..."C_�+:..'3'�.- ..L' =_TS.� -.-►�. .� _.��.��...._ Total No, No. 1 No, 2 No. 3 No. 4 No. 5 Nos. 7 and 8 r No. 9 - No. 10 ASSETS Cash Investments - U. S. Government securities at cost Special assessments receivable - current and delinquents November, 19509 tax settlement remitted by County Treasurer in February 1951 Certified in 1950 - .collectible in 1951 Delinquent Special assessments receivable- deferred' Taxes receivable - delinquent LIABILITIES Canceled assessments refundable Interest payable in 1951 Bonds payable Surplus . unappropriated * Indicates red figure. TOTAL ASSETS TOTAL LIABILITIES -44- $13,938.36 59000.00 $ 39684.25 100286.39 902129 8149873.46 4192205 11. _5 875,044.42 $ 134.21, 737.75 529 50.00 214322.46 $75,044.42 $ 140.51 $919.18 59000.00 $ 53.21 $5922749 $941912 $ 63.85 45.00 49.000.00 i.il8.g!t $59227.09 0*36 850,'0.w0 s. r■s p $941:.12 $ 2,561,54 $ 697.76 19723,68 $ 2t4,42975 69629.20 $119-63:3.49 100.00 89000.00 __3 ,s53 $119633.49 $ 878.83 $ 39999.23 $ 39857.37 $ 786.34 29231+.48 30020. 89874.10 $129773-75 $ 110.50 8t500,00 4„j,63,�25 $129773.75 1,115.44 30614.65 8 49867.31 019161.75 $209028.29 $ 156.00 129000.00 7.872.29 $20,028.29 $ 598.25 19919.8 29675,54 89905.68 $159438.59 $ - 175.00 139000.00 2.263.59 $159438.59 $10040.16 269.88 699.81 s. 969-69- 39110.28 $59120.13 $ -70,00 3 9500.00 19 50.13 $5,120.13 $ 541.54 $ 163.37 5761.35 00. 29539.74 $3,881.96 $ 6o.00 30000.00 821.96 $39881.96 w r � VILLAGE Year ended d t Balance laGM! on Interest Assesommts January Spagial Ass2asments on Over 1 -11 195€3 Certified Collected 3kxvest Collected Other Total :+ ri. �' S��... �' r.`..` �-► S`. 7r':� +r�6Z'r'L�r- .."w.� ^'."`y"� ��'Tt'.'L'�CT.�ro..::72��'.�, � ... ...r.�.�r....�o`2�.� �i.'.`..'S�. ."?". r,.e �IYs_- T�_`" ....�..T�S�C�.'�."Z «�°'- .�.i..� ��5��.r" SEWER DISMICTS Zoint Si Distriot -Noe I 9 12 13 15 18 19 20 TOTAL SEWER DISTRICTS WATER MAIN: 2 5 7 and 8 10 'DOTAL MATE MAINS TOTAL * Indicates red figure. $21,157.36 2 ,498.5,6 606,668 1,316.8 1,597.24 22266.10 .91 1,,998 ,5 69031.45 6 ,,456.83 6,492.47 l'641. $ 1,078,19 22.75 3236.32 3,802,22 39969.58 19991.00 1.9442.58 l6t277. $76,794,52 $ 352,19 95.79 618,69 1 ,,748,47 1,765.5� 332*R 114.43. x.79.35 260A P 70 # 97• 5� s66 435.0. 40� 8. 629440*51' 055 108.84 3,27 lit 81+ $ 2.53 20,40 17.20 $218,76 45.31 62,50 25.00 37,10 - M $113,30 $ 83,22 17,13 231.23 7.42 129.81 $ 17,62 $ 89103.38 4y- 015,00 $ 3,226.80 0,13 113- 3 17.62 8 3122 t a ©� $89274.18 $154.80 Note A - The composition of other additions is as follows: Connection charges to Sewer Districts No. 25 and 27 Connection charges to Sewer Districts No. 23 and 24 Sale of Bucyrus -Erie shovel Supplemental assessment 29,479.50 2lb2I, 19548..08 1,664,66 2.9395.91 10,,210..58 2,,147,31 6;t50.14 8V299.� 2,31,68 7,,6.6 983.10 � 1'.122,75 636.69 4 ,,279.50 81,0 5. 1;62.01 882.59 22,115,53 o.�.... �i�i wO u..wrwoZwn1iwr` 3 $502.37 $486.43 $15,345,18 $1011557.48 $5,346.14 2.2%a, $ 8,103.38 49015,00 1,2268 $15,345.18 -450. t ^� 04% oV EDINA December 31$.1950 Cancellations .._..: _ Interest Transfers Dank installment _ T Balance and Payable Accrual to General Service on Disposal December Adjustments, 1951 1950 Fund Charges Plant Total 311 1950 $331al 1 112, i15.53 85T9.25 $559.25 4 $ x+95.00 75.00 236.25 1,4 o.00 1290.09 56.0, 150.00 .02 $2,581.72 614.31 I,46o.92 1,604,66 2, 56 10*77 8.25 4. 14. 11.85 1, 52 3.14- 1. $11333.7 51,3 3.97 2;5U�;7 614.31 1,460.92 1,604.66 2.56 837.08 1356.28 1,x+94.44 1,.25 3;26 1.16 2 Art 12-,7 9 $ 21.25 $22.01* $ 2.0 $ 3.24 100.00 .05* 3..25 10j.20 110.50 5.75 11 .25 156.00 7,00 163-00 175-00 4,62 17 .62 70,00 13,,83-6y 60`68 737.7-5 9220 9 -o- 8 -o- 3 182.00 - - -o.. �.._ .., ,.mom .._.. 3.86a.��. $5,4-08•25 $22.46 $6,261.61 $99.20. $1:033.67 $13,684.44 �w 46 b $28,14,83 _oe 9.50 87,16 2093.35 99,373.50 1,951.65 6,2.86 6, .70 6, ?83.65 2,,026,42 6999000 593 51 ,975.63 $ 1,118.24 +49* 9163.25 7,B 2.29 2,223.59 1�5N•1 57.95 $87, 873.04 VILLAGE OF EDINA Year ended December 319 1950 Balance at January 19 1950 B Remittances from County Treasurer: On special assessments $609668.89 Overcollection.ss Sewer District No. $83.22 Sewer District No. _12613 100.35_ On bond and interest levy of 19446 Sewer District No. 9 $ 1.32 Water Main Nos 2 Collections by Village on special assessments Deferred. Collection by Village for interest on assessments: To surplus Interest collected on investments Collection of accounts receivables Sewer District No. 18 Water Main No. 8 Sale of shovel and accessories owned by Sewer District No. 8 IDISBM§EMPUS Bonds redeemed Interest on bonds Bank service charges Paid to General Fundt Sewer District No, Sewer District No, Sewer District No. 5 $ever District No. 6 Paid Permanent Improvement Revolving Fund by water Mains 7 and 8 Paid to City of Minneapolis sewage disposal plant W a p12 52 $60470683 80025,21 154.80 502.37 � 6. 96.6 $51+9500,00 6,766.58 99.20 2j581,72 66.14.31 1,46 ®.92 1.60+.66 6V261.61 234,49 8 451592.36 8 $ll94137 21+ 2 691.28 TOTAL DISBURS ._ 740,55, 5.lb Balance at December 319 1950 -47.0 489582.08 VILLAGE OF EDINA Year ended December 31t, 1950 Certified Balance Remittances Cancellations for dance January from CountX� and Delinquent Collection December it 1950. 1950 In 195` Adjustments Balance in 1951 311 1950 rreri�iMe _rr��ri�rrrr�l�M�iM~i_�� ��v�ii__ �rrw���ri► rYri����i�� +fir ����srr +v���ir� r�i�i�iiY!ra .war ari4 4���M�o4rr r �r SEWER DISTRICT Joint Sewer District No. 1 61777.47 $ 51567•-9 0 127.14 $1.0082.54 $ 1,209.68 5 595.77 739. 87.16 $231.23 -o- 87.16 6 166.20 1 3.62 7,42 ,v- ao.. 948,9 1,o80.o8 48,.72 129.81 -o- 48.72 13.,3 3.6 8,474.02 31167.52 11702.10 S 7, 93.99 121- 263.61 9 6,500..63 4,541.01 694.74 19264.88 3,28.56 51248918 12 49195.05 3101g, 53 19,11 .77 57.75 2.9.681.01 3- '858 ~44 13 139,432i5-2 9.,2.82 2$,W -93 19.80 11272.97 79336 .54 11,527. 15 3:1,607.34 8,42 .47 2,853 .20 328.6 7,b .80 x0-,8 6.67 16 2,333 .38 1,634.30 608.00 91.08 it 1.06 2,1 .14 18 98.16 679.60 23 .91 72.65 65%7 966.31 19 10049.62 78-..83 2b 679 -o- 691. 958.57 20 28q.0 2 88 00 -9 2 JUL TOTAL sEwER DISTgtIC'T5 3 7 9, )0® 00 ,,33 $5091.52 $321186,12 0, 1 . TOTAL WATER 2 7&8 9 10 MAINS STREET Ii- 02VE NO.--A TOTAL Indicates red figure. $ 1,330.23 313.12 2,983. � 325.4$ 41231.55 39259.65 187,79 66 817:1296#75 332A8.66 $8)+,076.O88 Yr��r�rsrO 1,243.65 2,264.46 2.9556.76 29 1,46 2,:482.66 717.91 615.87 12,706. 2._302.89 $609668.89 $ 53.21 ?$6.376 1,9,11 .44 59.25 269.88 161.37 $ 17:62 21.30'. T 3-68R S 33.37 10.09 21.31 'MOM 614.6yy 157.44 �o�. e � 1.,72 .68 2,23r+.48 3,137.22 1'6699.81 571.115 109286.3 86.58 21442.775 3,020.82 4,867. 2,67 +6 10069'-3,g 8 917222 ._...I 281m-.89, r As $161939.98 $344.98 $69812.19 $44,580.60 $68�0�3�2.7��7 Note A - Composition of balance at December 319. 1950, November, 19501, tax settlement remitted by County Treasurer in February 1951 Certified in 1950 for collection in 1951 Delinquent -48- is as follows X16,9339.98 44,580.60 6.812. 9 $689332.77 PrF -,r,g fLJU nvvmv►aris:etri r �xvw ASSESSMEIV, S RECEIYAM DEFF.MD VILLAGE OF EDINA Year ended, December 319 1950 ----------- -------- - ----- - - ----------- _ SEWER DISTRICTS Number 8 9 3 .15 16 19 20 TOTAL SEWER DISTRICTSS WATER 14AINS Number 5 7 and 8 10 TOTAL, WATER MAINS STREET IMPROVEMENT NO,L TOTAL Indicates red figure. - Certified , to Balance County for Januargr Supplement Interest Collection 19 1950 Assessment Spread Total in 1951 Cancellations Balanae- C ectio�g DX . it a e and December Principal Interest Adjustments 31, 1950 $ 7 *1+71.91 $ 352.74 7,824.65 S 7939J.99 98.80 $ •55 $331.x1 393 56.01 91:96 3,4 1.97 3$288.56 50.83 617 112e 1 -o- 139067.14 618,69 13,65.83 2,681.01 115.53. 109889°29 37,846.26 19857.31 399703.57 79Fit 4,311.23 lo8.84 19.80* 27, .76 35933335.5.9 19765.53 379101,12 79. 29, .32 4 335. 1 7,221.75 19 .06 235.32 3.27 59542.10 49023.39 114.1 49137,80 659.75 206.01 3$272.04 39587.03 179.35 .39766.36 691. ??8 to 58 6 .� 262i.60 62 i o0 8 120.152 1.81+ �+ 01 81169940.2T -o.. 9 2. 0 122,.22, 32, .3 , 22.71 .11.7 39 849459.-61 $ 8 :133,6.96 $ 400.37 $ 8,53;.3 $ 1s723 .68. 181.92 $ 2.53 $ 69629.20 10.98.8.99 452o66, 11910L.5 2 923 •.48 89 874.10 119 56.39 $3,226.80. 838.91 x,5,822.10 39137.22 19502.3 20.40 11$161.75 11, 8 07 452.21 119939.28 10919,85 19117.85 17.20 $ 21030 *' 89905.68 3,62.66 181.43 39810.09 699.81 3$110.28 2 6961.01, 148 2 06 14.111.09 2 962100 226 29 0, 9 2 ..7 ,1092 .3 9 0 . 0 .1 21.30* 1, 0-7 12.194. 12.E60 L2. .., 2.107.89 _o' ....- ..'�°... :. 1 .31 $1779755665 $39226.80 $89428.98 $1899411.43 $449580.60 $80025.21 $154.80 $518415 $1369132.67 SPECIAL AsSESsMENT_ EM SOND-S, UYABLMAND BOND INT�T VILLAGE OF EDINA December 319 1950 -50- Bonds M a u Bonds . r Interest Interest Outstanffing Bonds Outstanding 19 Interest Paid Payable January 'Paid - December Through Description Date of Issue Rate in 1950 in 1951 it 1959 in 1950 319 1950 1951 1952 1953 19. i�+� w r_..'_�- r. - w.�sw. .r.rr. w►- r SEWER DISTRICT Joint Number 7 November it 1940 2 1/2% 25.00 � $ 29000.00 $ 2 -9000°00 $ =o- 8 November it 1940` 4 1/2 810,00 $ 495.00 189000c�.00 79000.00 11000.00 sill-1000900 9 February 19 1942. 1 1/2 150000 75.00 109.000:00 50.000.00 59000.00 50000,00 12 January 19 1946 2 1A 281.25 236.2.5 130 46950a.00 2,000.00 8,000.00 11,000.00 29000.00 6:g5oo.0o 210.00.00 6,5oo.00 20000.00 6,500.00 $ 51000.00 199000,000 13 July 1, 1946; 4 x.9770.00 1,480.00 389500.00 15 September 09 1946 4 19740900 19500.00 459000.00 69000.00 399000.00 61000.00 69000.00 61000,00 219000.00 16 September- 19 1946 4 330,00 290.00 8950000 19000000 79500.00 19000.00 1,500.00 19000.00 40000.00 18 July 19 1947 1 4/10 3.00 56,00 59000.00 1-9000.00 4,000.00 0'000.00 39000900 19 July 19 1947; 3 3A 196.89 150,00 69000.00. 2 -9000000 40000.00 1 -9000.00 500.00 18000.00 1!500.00 20 July 1-9 1947 = 3 3/4 SEWER DISTRICTS 22�0 1.1,4 206 2 6 0,.0�� �00 $1601 000.00 00 00. .1500 .00 1!000.00 33, 00, 00 0 0 . 00 00,00 179 x.00 1 00. TOTAL , . , -9000. , WATER MAINS Number 1 August it 1941: 1 1/2% $ 105.00 $ 45.00 $ 79000.00 :. 439000,00 4 -9000.f}0 29000.00 $ 29000.00 2 October 19 1941' 2'1/2 3 .74 21.25 19350.00 500.00 850,00 850.00 19500.00 19000.00 $ 49500000 September 10 1946 1 1/4 118,70 100.00 99500.00. 19-500,00 89000000 19000.00 $ October 1, 1946' 1 3/10 143.00 110.50 119500.00 9000.00 8,500.00 10500.00 2,000,00 29000.00 19500.00 29000.00 3,500.00 5 October 19 1946 1 340 195.00 15600 169000.00, 40000.00 12,000.00 3,000.00 59000.00 7 8 July 19 1947: 1 4/10 203,00 17!5.00 16,000.00 39000.00 13,000.00 1,000.00 2,000. ©0 2s000a00 81000.00 9 October 1, 1947 ; 2 90.00 70.00 59 000.00 1,00.00 3 9 500, 00 500.00 1' 000, 00 500.00 1,500.00 10 October 1 1947. 2 r0 00 60 40 00 0 500,100 00 00 0 0 50 0,10.9 11900,00 00.00 6 79500*00 14,500a T2V,000.00 29 0.00 TOTA� WATER MAINS 9 • $ 737.7?] 9, 50.00 17,000.00 $109350,00 STREET„ I , OVffiMB1NT NO.-I July 19 1947_ 1 1+40 .�. 212 82_24 „12 400,00 3.000.00 _ 14- 0 000, 0 2 j 000„ 0 280919-0 2 000, 88000.00 _ ,00 TOTAL $69766.58 $59408.25 $2469850.00 $549500.00 $1929350.00 $459850600 $319000.00 $279000.00 $880500.00 -50- VILLAGE OF EDINA December 34 1950 Deferred payments covering bond and interest charges: X-04r 191 2, 1.5 1952 2, 563.56 195, 29Z26.00 19R 21442°86 .1955 1956 2,390.01 1957 .2,9337,16 1958 2#291,%- 19�20238,51 29192-71 1961 -291JW-43 1962 240 86.16 1964 1o979,61 1965 1,302.94 1966 -10004,0, 196 334-79 1969 - 95.22 TOTAL DEFERRED Last halt of installment due in 1950, 835,053 paid In :anuaryo 1951 TOTAL $369387-47 Note A Since the certification in the year 1548 (collectible in 1949),, no assessments have been certified because of the existing surplus in :olht Sewer District No, 1 and In the Sewer Rental Fund which it is expected will be used so far as available to cover additional payments to the City. 0651. VILLAGE OF EDINA December 31, 1950 v" wrs�w.w..rrr r.rr.��..r .. w�rrrr.. rw. �".- ��L". r"' �"' i. �. ri..-. e.- r: �°` R' �. �wwl�".+. :i.%'�.,"a"LST.'n'L^•"'r..�:L'a Permanent 1250 Imp.Z9.vSM ant Funds. Improvement First Second Total Revolving Series Series AS Crib. on deposit .t ° $ Receivables: November, 19509 tax settlement Special assessments receivable. current and delinquents Certified in 1950 collectible in 1951 Delinquent Special assessments receivable .. deferred Assessments pending Due from other funds Construction in progress: 210842.22 6 28,393.70':$ 298821.46 1188621.00 10,292.30 376'968.69 60,619.10 29,374.20 78,290.27 10,278.94 206,353,%4 5.23 60:619.10 Current 1549226.58 46456-33 Deferred 51,231.53 109625.87 tTnallocated. ebarges la, 6 r.12 12 695.12 49671.36 $ 459564.56 447,26 16,707.69 23,623.04 13.36 50,476.77 384.46 98,913.71 120,113,03 9,156.54 40,605.66 $8379261.34 $4269583.90 $l?1,614961 $2390062.83 LIABILI= Due to other funds; General $ 559167* g5 Permanent Improvement Revolving 51,5956 Joint Sewer District No, 1 8.10 Accounts payable 49690.57 Accrued interest 1,568.00 Water main and sewer conneotion deposits 6,599.48 Construction contracts payable 83,381.48 $ 559167.75 52,001.48 $ 1,54.38 1 '675.20 29676.03 t 612.00 896.00 6,599.48 39,327.58 19472.14 429581.76 Reserves: For contingencies 37,394.48 179683.87 60943.40 3.2,767.21 For construction bond fund 29 ,000.00 293'040.00 Bonds payable 278000.00 108,000.00 168,000.00 Surplus - unappropriated .,, 19�,,,Q20 x.. 5.88 1412215 ...._.,1t201(�► , 1 $837,261.34 $426,583.90 $171,614.61 $2399062,83 Indicates red figure. Rote A.- The liability for the outstanding bonds of the Permanent Improvement Revolving Fund is reflected in the balance sheet of the Debt Service Funds. � 52s VILLAGE OF EDINA December 311, 1950 Permanent .. -12M Imn or vemgatl,.g. Improvement First Second Total Revolving Series Series. Balance at Tanuary 1,; 1950 $ 3488455 $ 3 9 588.55 $ -o- - . $ -o- Additionsa Interest spread on deferred assessments for collection in 1951 221384,38 131496.77 29765.52 6,122.09 Interest collected by Village on prepayment of assessments 69.64 61.,09 2.10 6.45 Accrual of receivable - transfer of surplus of Debt Service Funds - 31493445 39473.45 Premium on sale of bonds 422.88 140.40 282.88 .Accrued interest on sale of bonds 8 N .0 $309536O VZ5j6"_,U3 219.70 158.19 3;47 neductionsi Transfers to Debt Service Funds for other than bond,maturltiess Total transfers during year $471880.00 $47,$80.00 Less bond maturities included therein 4l000,.g2 4i-.000 11 00, 9 *00 6 69880000 Interest on bonds': Paid during year 918.00 918.00 Accrued at December 311 1950 19508..00 612000 896.00 Legal fees ' 19050.00 200.00 350,00 500004 Printing bonds 200.00 91.50 108.50 Advertising 64.50 9.23 55.27 Sundry bond issue expense 17.6 10.20 7.43 Fiscal. agent's service charge 3.2� 3,24 Adjustment of interest on assessments 22,218 9106716,U 71A.9 8 Balance at December 311 1950 $191820.34 $131465.88 $11153.15 $51201.31 -5l- n PRQV£�MEN'� F 11lT ANALYSIS OF CHAN PS i IH C SH BALANCES ■ ■ ele.l�Y��e lei VILLAGE OF EDINA Year ended December 319 1950 Permanent 1950ImRroyem tom. Improvement First. Second Revolving Series Series - _. -= =5= =sue -�� ��...= �_.► - -m_ ��:.= =r_ =� =��� ..._...._.mss: �s�-= 0.e1.. = -x--- �r -�a=-s =_ _... .�_. -�_� � Balance January 1, 1950 Additions: Remittances from County Treasurer Collections by Village on special assessments.: Principal Interest Proceeds on sale of bonds: Principal Premium Accrued interest Collections from other funds: Accrued at January It 1950s General Fund Liquor Dispensary-Fund Debt Service Fund Water Main Fund- Loan from General Fund Partial payments on constructions General Fund 1950 First Series Improvement 1950 Second Series Improvement Increase in customers' deposits Deductions: Construction costs Current construction - total, to December 341950t Permanent Improvement Revolving 1950 First series Improvement 1950 Second Series Improvement Deferred construction - balance at December-34 19501 Permanent Improvement Revolving 1950 Second Series Improvement Unallocated costs - Gleason contracts Less balances at January It 1950: Deferred construction 0tgrrent. ' construction Net increase in construction Add decrease in contracts payable: January It 1950 December 319 1950 -(Total carried forward) e.54r 1.,759.35 .. 221. 9 2'34.49 $ 90e77 101+9095.95 ,1242906.692 649007.39 1549405.26 ,35,E 50 9 109625.87 $165,95.19 $ 189193.65 $ _o_ 719089.93 657.72 8'66i.o 09 2.10 108,9000.00 140.00 239.70 5, 12.62 47,980,00 229,093.6 3 2 9 7.9 $354 092.15 5192631.52 VIB-9318080 124.897.79 0293$-421.01 126.657461 007 p f ■' - ■ ■ 109,7 9. S .0- 199873 6.45 168.0000.00 282.88 358.39 3170735M . 0170.9635 . IM R �MEi�'1- F ANALYSIS OF CHARGES IN CASH BAS; (Cont'd). C.�`.��.......�"�_. .rrs�� �.► �sw+. �. �L�.`.. d."'.. ���." ��S` ���+.. ��.+ �r� .�."'rL'.�.��1..:.��'.�"�'�".� .r��w.r ++�.� ���— .�r�++.r��.r�...�.. �.+....�...�.. Permanent 9 „ ImPEMementU Improvement First Second Revolving Series Series (Total brought forward) Deductions (Cont'd)a Construction costs (Contld)a Deduct items not paid: Liabilities assumed by others: 1950 First Series Improvement 1950 Second Series Improvement Administrative and engineering fees Increase in accounts payable Payments to other`fundsa Transfer to Debt Service Funds for payment of bonds and interest Liability to General Fund at .1anuary- 19 1954_ Martial payments on construction Sundry charged direct to reserve for contingencies Legal fees Priat3ng of bonds Advertising Interest on bonds Sundry * Indicates red figure, -55- E �i y e �i 1 r a e D Balance December 31, 1950 $420,078.62 $1099789.28 $1709635025 62 $3579 47,880.00 4- ,461.bo X1049095.95 412490906.92 857.45 200.00 91,050 108.5o 9.23 55027 918. 10., 1. U-05. 125. 9 6 289393.70* 1+,671.36 0 45, 564.56 5 VILLAGE OF EDINA December 31# 1950 First Series Second Series PERMANENT IMPROVEMENT REVOkUILG Charges for constructions Current Deferred Less charged to General Fund Charges fog improvements C -1 and A-.4 s Special assessments receivables Current $1 t x.18.34 Deferred , 6 2 3. Less reserve for contingencies ; 6 Less liabilities assumed, Contracts payable $191+72,14 Due to Sewer District No. 1 2057.24 Accounts payable �31 Less cash payment during year Balance payable to Permanent Improvement Revolving Fund at December 31v 1950 -56— 01!9+2405.26 $1542g /y7 O, s 3' T9 4 0122 1, 1 $ 500001,48 $429581. ?6 5046.34 2s 11026 $1 o5997059,50 81?69585016 T0769-585.16 ' 8176950olb °l� s ls594,38 VILLAGE OF EDINA December 31s 1950 ----------------------------------------------------------------------------------------------- Permanent ..... -?25 -0 Imp Improvement First Second Total Revolving Series Series Balance January 1, 1950 $111 *903.88 $1110173.88 $ -o- $ -o- Additions: .Certified for collection in 1951 1189621.00 76,290.2 1691711g.114 219623.04 Transfers X30, 2 9yO7 . 17, 2 .© 231623-M Deduct.onst Remittances from county during year $ 71,7+7.65 $ 71,089. 3 657.72 Cancellations and adjustments 42. 42 712220,12 2 - Balance at December 31,1950 $158,734.76 $117043.41 $179168.31 $239623.04 * Indicates red figure.. Note A - The composition of balance at December 319 19509 is as follows: November, 19509 tax settlement remitted by County Treasurer in February' 1951 $ 299$21.46 $ 29,374.20 $ 447.26 $ -o- Certified in 1950 for collection in 1951 118,621.00 789290.27 94 169707.69 239623.04 Delinquent 100?22 Q 100278, _.`._ 13,16 _ -o- TOTAL $1589734.76 $1179943.41 $17,168.31 $239623.0 -57- VILLAGE OF EDINA Year ended December 319. 1950 . ���+ r. ru. ��.. 5�« ��`. �'..""""" �.-. i' 3��.' i"N ..r.'3'�'r���T..'��+'...�'��'S. "S."'�- �`�"�.S'.�.'..'3+"���� ,�, «�•�...r�. «.'� �NT.�.y. �SS'..C`..��?.��r`..'L""3rL'S� .LwS� �. '�.SS�..i.'�"S�- �'.^�SL:S «S�^L' ��"...5^r..l�...��»5.�.� Certified to Balance As-Aegbbierats S B read County -,for Collected Cancellations Balance January Construction Reservelbr, Interest Collection by and December 19 1950 Transfers Cost aantingmeies Total Spread Total in 1951 Village Adjustments 319 1950 LERMIdE_ MIMPROVEMENT REVOLVING .E CURB Ain a Street improvement. No. 6 49,10940 � 205046 � 4, 314.53 � 19575.15 $ 2 739.36 do 7 1,'758,54 86.83 1,95.37 673,01 19172, 6 do 17 ,650,19 19,47 669.66 236.20 433,46 do 18 39,731.67 104.12 3,835.79 1,261085 258.48 2,315',46 do 28 1532, 26.72 559.56 159. 399.63 do 29 1;618.84 80.73 19699.57 485.V+ 1,214,13 do 8 2,326°84 1162 2,443,11 697.98 1,745.13 dos 21 . -...,, 160."79 81 64 2 4 1 2 SIDEWALKS 179 3,02 ¢o- -o- -o- -o- 00.3 1 9 3•.. 90 .10 2 ,.o- 12, 30, 2 Street improvement No* 54 $ .580.00 $ 28.94 $ 608.94 $ 318.94 $ 290,00 SANITARY SEWERS '- DIstr. e f F. 14 $ . 2,022.54 $ 101.94 S 21124.4$ $ 441.86 $ 16.98*$ 1,699660 do 17 2,042.70 102,18 29144,88 4+2.63 19702.2 do 21 9,0 6.96 451.46 9,488.42 1,581.08 7,907,3 do 22 1, - 7.20 75.71 1, 592.9. 265.36 19327-55 do Indianola 2 e1, 1227 2 19,o8 S� �Et ES S t -o- -o- -o- -o- 73 • 15,377* a735-0 -o• 1�b.9 * 1 Storm sewer No, 11 $ 2.9442.16 $ 122,10 $ 2,564.26 $ 40.98 $ 29093,28 do 13 489.17 24,47 513.64 94.35 419.29 do 15 1 2 24 6 0 4 52 WATER MAI ; 22., -o- moo.. ..o- ,.0.. 31.29 9, o . i. , 1.. 9 "'o- 0.3 7 9 2.29 Water man No. 6 $ 29494.59 $ 124.76 $ 29619.35 $ 0 .53 $ 2,078.82 do 11 41850.977 240.95 59091.92 17.32 4,244.60 do 12 24;.92.88 11204.67 25,297.55 40216.28 0 391.56 $ 391.56* 219081.27 do 1 50100000 240.7:3 �r9340.73 842.85 283.36 4,214,52 do 1 23,198.48 19134.34 249332.82 - 3,970.7�'22 372.08 135.35 19,854.67 do 15 79897,28 394.73 81292.01 1., 81.89 69910:12 do 16 7;72 .04 243.67 79966.71 853,86 2,844.80 49268.05 do 17 1,80$.80 90.30 1,899.10 316.40 1,582,70 do 18 5,575.23 229.86 5,805.09 740.85 976.32 49087,92 do 19 219033.86 i3O- 5, 14, 22.9069.00 3933 3.08 352.35 189383-57 do 20 20712696 _ 1 .� 6 2 880.2 4 8 8 2.411.52 G, l�ADI 10 t -o- -o- -o- =o- ' 111 . 0 , 1 . i .1 9 . i 9,1 Street improvement No. 2 $ °201. $ 9,09 $ 210.89 $ 190.71 $ 20.18 do 16 3 8. 8 16.88 355.16 355.16 do 20 2;881.43 144.10 .39025.53 395.53 do 21 124.32 6.23 1 0,55 130.55 do 30 .660.96 26.11 67,07 287.16 138.86 $ 261.05 do 31 .407.01 19.69 426.70 214,70 17.00 195.00 do 32 963.74 45.20 1,008.94 498.19 96.64 $ 38.86* 4,52.97 do 35 39485.25 174.27 396 9.52 1,916.89 1,7 2.63 do 36 49 :421.19 221.04 4,62,23 2,4331.60 29210.63 do aW 2,084.43 102,48 2!186.91 1914+,69 19042,22 do 2 1;:273.28 63.20 1036.48 699.84 636.64 do 43 ,63 5.07 31.68 666.75 349.21 317.54 do C-1 435 2 9 +8 2 $ 32 �1 * - - 9 . - ffi 1; 336: 73 119244,.r3 272. 3 (Cone' d) �"'�..v...wwr= ►..w'�'.."". .. r. �r". �r" L' �` 3.•'. �r"' i""-•: �`. LS' �. r" �'. ..""'+^.S.'S.`.'�'r ".S'.".." �``. ��1:. �il�r.. ��..' r' ��'.'"+. e.. �.. �.. ""..�rr.Trr�s«...w.rw•+�.irs.. .r`..`..���^..��� � T•'.+r +rr..� �.���.. - r.r...�.rr� .`.:..5�"'a.� `.��•r..S�^.0 ..•. �S".. 3: r��. �`. �. �r. ��.` 7. C.^.. r..' �L. �+.."' �". L".+' L "�.`''�.`.���r.�rr...r�.r....r Certified to Balance se smerit s read County � for Collected CEUvealations Balance January Construct n Reserve-for Interest Collection by and Decembet 1' 1950 Transfers Cost Contingencies Total Spread Total in 19$1 Village Adjustments 31, 1950 ."'..r.`w^ GSA.` �.'. �""'.. ���w�. i. ar". w► ..�r�$S1S'�S�r.�w.�w.�'L'.'�..� '. 3��Z�`. L`.r..wL'..��".. ^r"".`^_""....� � +r� ��r r ...�.+. .+..rr.�w�. - r�..� r���. _PERMANE,IITT IMPROVEMENT REVOLVTNG EMM (font' d ) BLACKTOP $ 84706.64 $ 427.58 $ 9434.22 49706.59 $ 148.62 $ 40279.01 Valley View Heights 3073.26 196972 49171,98 2,185.35 19986.63 Street improvement No. 1f4g1.82 74.97 1x566.79 572.2+ 994.555 do ; 926.22 46.31 972.53 .3 5 .05 617: 8 do 201'8.82 101.07 293.19.89 77.01 1,345.88 do 1,015.26 50.75 19066.01 11'066.01 do 9 2J702.34 l 74 .17 2-,837.51 19035°95 19801.56 do 10 155P+.39 .23 1,628.62 569.18 69.54 989.90 do 11 _243.12 12,31 255,28 25 .28 do 12 :271.35 133.58 284.93 10.03 180.90 do 1 19779.62 88.33 19867.95 19853.75 14.20 do 1� 54291.75 235.98 50527.7 19809000 6t, 77 39063. 6 do 19 10959.03 56.1 2901g,34 681.3 .77 1,250.9 do 15 1,550.31 77.82 1,628.13 465. 1,162.73 do 22 ,.311.24 15.56 326.80 93.37 233.43 do 233 3x025.39 149.11 3,174.50 905.46 2,268.04 do 24 2;905.60 136.77 30042.3� 819.58 1340 $ 38.86 2,048.4 do 25 320.32 10.32 3330.64 61.80 114. 154.4 do 26 1,347.2 67039 19415.31 404.37 1,010.94 do 27 1,681.7 81.56 1,960:1+5 6303 1.93 19261.10 do 33 ;819•53 40.92 069 409.76 do 9 1446.2.4 72.31 1,518.55 1+33:8 1,084.68 do ? 1,9960.59 94.33 2,054.92 565.89 74.44 1,414.64 do 41 7;81 .65 377.66 8,197.31 2,266.33 264.96 50666.02 do 44 1 5.99 59.20 19414.19g 357.00 163.79 893.40 do 46 39 31.36 160.42 39591.78 963.00 221.04 29407.74 do 4 1133233.77�2 49.42 1,373.14 355.07 101.12 916.95 do 4 1868.84 93.44 1,962.28 560.65 1,401.63 do 49 :639.44 31.95 671.39 191.81 479.58 do 50 1 ;825.86 91.21 10917.07 %4 7,68 1,36 .39 do 51 3:1411.59 5 7.2 11,948.86 3,228.64 646.07 890 .15 do 52 15,790.04 787.08 16,577.12 49549.67 739.67 1192 7.78 do 53 11'296.12 550.25 1184637 3, 22.14 488.57 8,105.66 do 554 353.17 49.65 19402: 82 2 8.25 358.98 745.59 $1080+96-93 3 t 79.92* -o= ..._. po= o 51048. 0 110 9 3 0.7 2, 91 81+1° 02� , 907.79 STREET LlgU Nf Street improvement No. 34 TOTAL PERMANENT IMPROVEMENT REVOLVING FUND .. 4 • s • • '• o lgj-9Z8,JZ • • • • • • • r • $285,- 228.36 $3 065.24*$ -59- -o- $ -oo $ -0+ $138496.77 0295,159.89 $ 78,290.27 $ 89623.00 $19893.08 $2069353-54 (Cunt' d ) ,rw�`� rr�'"S. .`�.r:r`sr.►�r`+ � rr°" r�i�-. �. r.,.- .- ..��`rL�.- "�.+L'�- +�`..r`2:r- .....rte.`. �%' �L-r" ��t.% ��- rL��r. �. ��. �.. �- L'i.Lir�"r�.w.�r- ....r�.rlr -. ����- ..���w.�Sr'�'��Ctii L" S�" �'..- �'_' fi' �r�.` S+ �-..- rr.�M.- ...rr�= .- �.rr�+w. -�i'.� �.� �r ���.r -� . r....- `3. -�-..� r� Certified to Balance. Assessm®utg-Suread . County -for Collected Cance3lations Balance �.�.reer.irr.r January Construction s•r•wi�rrsr Reserve for Interest Collection by and December 19 1950 Transfers Cost Contingencies Total Spread Total in 1951 village Adjustments 319 1950 ..����qqr�., rr =� Nrl����r�r MM���� - r- rrwMyy����� rYwirrt�N -r-r• w- r�w�4�- ��iiii tiiYY��V�== ��r�i�i�Y���r.�r��yY,� ��r �y�r��.����r�1Y wA �rr�I�w �y,y. N�Irr� - --------- --- -�i=- .�rriw FIRST -SERIES IMOVEMENT FUMD C B AND GUTTER Street improvement No. B-1 39001' .26 $ 275.19 $ 3,276.45 $ 13 .80 3!416.25 $ 2,621.16 do B -2 64 2 44 1 2 195.09 6 162 8 9 PRE-WA Street improvement No.- D -1 SANITARY SEWS District No. 2 do 24 kMER KJJN Water main No. 21 GRADING Street improvement Igo. C -1 do C -2 BLACKTOPPIfia Street improvement No. A -1 do A -2 do A -. do Al TOTAL 1950 FIRST SERIES IMPROVEMENT FUND 1950 SECONDS ES IMPROVE14ENT FUND S M=Y MMS District No. 25 do 2g do 2 do 29 WATER Water ma n No. 22 do 23 do 2 do 26 do 27 GRADI Street Improvement No. C do C do C -5 do C- do C•• TOTAL 1950 SECOND SERIES IMOVEMENT FUND TOTAL e Indicates red figure. 39643-19 304,63 947.82 T- 168.3 8 4;11.0 957; S 391 $ $ 649.39 $ 5.46 $ 654.85 $ 27.74 $ , 682.59 $ 156.71 $ -o- $ -o- $ 523.88 $ 4;273.14 $ 262.86 $ 4,536.00 $ 19 .08 $ 4, ?29.08 $ 646.68 $ 4,082.40 12 1 22$ 2r 8 2 6 1 862 6 -o- 40- 16128c.�+2 + .90 219322, 3�1� .0000 .00o 6 171)94F;01 $ moo.. $ -o- $ 39720.30 $ 341.90 $ 49062.20 $ 172.98 4'235.18 $ 862.20 $ -o- $ -o- $ 39372.98 $ 485,32 $ 21,70 $ 507.02 $ 246.10 $ 48.52 $ 218.40 20 it 1 24 2 2 66 2 1 4 �o- ....,.. •32 " 97.11 1, .2 21�? 0 . 239172.1 ' M1� -o.. � 1 '711.97 $ 29648.67 $ 576.71 *$ 2,071,96 0 88.31 $ 2,160.27 $ 502.70 $ 1,657.57 10787.41 170.74 1,958.15 84.03 29042.18 475.66 1,566.52 60449.68 628.01 79077.69 284.69 7,362.38 1,62 .34 $ 384.46 5,354.58 0 2 14 22 8 6 2. 2 186 00 .. -o .r.. 0 O,8ffM 3 2 11.107 0 2 2 + $ -o- $39565.24 $ 55,382.17 $ 69605.75 $ 619987.92 0 29765.52 $ 689318.68 $ 16,707.69'$ 749.76 8 384.46 $ 500476.77 $ l0 397.8 $ J69-72 $ 109767.59 $ 457.92 $ 11,225. 1 $ 19534.68 $ 9,690.83 7.2 68.72 9,576.00 407648 9,983 .8 1,365.08 8,618.40 189906, .6- 1,018.56 14,680.25 62 .62 159305.8? 2�;p93.65 13,212.22 44 2 2. 22 2 1 11 4 �- -os; 37� 1..0 2, 02.9 �,31? 0 1,71 , 3 12,032, 5'7 1 9. -o- .09 $ 4p223.15 $ 346.11 $ 49569.26 $ 187.06 $ 4,756.32 $ 854.97 $ 477.04 $ 3,424.31 3,772.2 308. .30 4,080.62 170.83 4,251.45 790.66 495.99 $ 11.34 2,976.14 479509. 8 6,216.69 539726.37 29409.71 56,136.0$ 71711.40 709.50 47, 1 .18 10,950.70 910.05 11,860.75 546.33 12,407.08 2,548.52. 9 ,5 8.56 7, 94, 5 62 ®.45 89215.20 375:66 8,590.86 1, ?64.18 69826.68 1 2 8.691.1+1 8 24o 6 7.66o.72 =o- -o• s 1, 9, 1. 91,1 1 ' 0.9 9 ,20.9 1 ,9 0. 1, 11.3 7 1. 9 $ "780.70 $ 41.38 $- 822.08 0 35.39 $ 857.47 $ 309.42 $ 548.05 2,797.6o 219.58. 3,017.18 128.63 3,1 5.81 19134.36 2,011.45 1,6933.24 66.35* 1,626.89 68.28 1,695.17 610.57 i084.6o 1283+.71 156.09 1,990.80 84.45 2,07'5.25 ?48.0 1,32 ?.2o 2 670.5 2 6 2 22 4 _51 _Z3.32 91 219.6.5.64 sl _52481s3 o r.o r. _. 126,8x, 22; 26 &12.7, 67.2,1 filA2 x,UO. -12 it 6&„122sQ2 . 145,7122x226 8 2-186232 9 12987.53 _ 1l k8120g113 8O1 $2859228.36 $ -o- $182,205.13 $199372.96 $201,578.09 322,384.38 $5099190.83 $1189621.00 $11060.29 $2,266,20 $3769943.34 -- -------- _60- i PERMANENT IMPAQVEMENT REVOLVI G FMW C AND GUTTER Kellogg and 55th Drew and Chowen SA_ NITARY_rSE WERS Town Circle Edinbrook West 48th York Avenue Colonial Grove ' ORM SE � ` s . Storm Sewer No. 12 do 14 do 19 do 20 do .21 Oak Drive WATER RAINS Water main No. 28 do 30 do 31 Normandale Edinbrook GR Brookside Heights Ridge Road Kest 6th Stree Improvement No. C -9 . John's France Avenue York Avenue Unity Avenue Sheet I rovement: o. A- No. A- 11-A and d 39 3� NO. 40 No. No. 46 No. 51. No. 52 No. 53 No. 55 Beard Zenith, j5th and 6th Stree s. ,PROVEMENT FUND CONSTRUCTION IN PROGRESS ;_,C VILLAGE CF EDINA Year ended December 31, 1950 Balance .January 1, 1950 and Contract Additions Total D e d u S t - . ons Administrative General To Reserve Balance and Fund Assessments for Con December Engineering Other Total Share Spread tingencies Total 31, 1950 $ 13.20 13.20 13.20 13.20 $ 4.69 4.69 $ 4.69 50 5 20.60 2b. 0 5. 5.40 20.6 .24 #2244 J02e 24 3 .2 24 �t� • 5 3 _ 1,361.65 19361.65 1361.695 275.46 275.46 275.46 30392-20 . 3,2 9. 120.42 3'1 2 :62 1 2.62 461040 461.40 221.33 728.71 728,73 .9 9 8, 476.32 45'4.11 8,930- 3 8,.930 043 12A-li 305.87- $ 19206.87* 11,099.00 887.92 18.57 12,00.49 12,00.49 .2 2 6a 8* 22.4 281.80 20.10 82 82 3 33 ..55 3 69.80 ;y 12. 281.04 2{}.34 3;814.39 x;8144 14.00 14.00 14.00 12.00 12000 12.00 12.00 16.30 16.30 16.30 1'044020 1' ©44:20 44.20 44.20 1�059�7.0 74.00 74,00 74.00 74.00 1,320.00 19087.90 20407.90 112.63 19.70 2,544.23 21540.23 11028. 1,Oi8. 0 110 1 1,028.77 2 2g 2 .82 6 .10 19 .558 19 .558 16.86 it 4 194 . . 1 ' 1455.89 '+. 8 ' e 33�. 3 a 5 9 93 99 9. © 5.0 .0 9.20 9,20 5.099 19280.98 1,28 :90 11280.90 19264.37 .1,264.37 9.94 1,304.1 19304.31 0.330 10.0 10.30 10.30 6.0.0 0. 0 1 8.86 818. $ 8118.86 8 8.86 4QQ.* 4Q � �.2* 8.2 1.2 112 tS.2 192-48.2 113. 8 570.12 1 cc�� .77 i g 1 gg•/7!y '1 * 153:T* - " .t" * ' b .O a '�b e * '�b .V 161 .��. 161. 8 R Q 2 80.94 15 .QQ 2 .gg 19147.38* 11147.3 * .78 *' 4.32 1,234. 1,23.84* 1,2.8 2,027.06 2,027.06 162.16 8.33 2,19 455 2t197.55 2t!97-55 8,601.80 8,601.80 688.25 4.77 9,294.82 99294.82 91294.82 356.32* 356.32* 28.50* 7.29 377.53* 377.53* 377.53* -612,278029 51278.29 -- 51278.29 59278.29 51278.29 . REV 4 VING FUND C.ont d) OILING orB kview Avenue . Beard Avenue Windsor Avenue Beltnore Lane Drew Avenue South View Lane Ewing Avenue York Avenue Yvonne.Terrace Woodland Road Tracy Avenue TOTAL PERMANENT IMPROVEMENT REVOLVING FUM 1950 FIRST SERIES IMPROVEMENT FUND CURB AND GUTTER Street Improvement: No. B -1 Noo B -2 Street Improvement No. D -1 ANITARY SE14ERS District No 2 do No. 2 Trunk sewer No.. B -1 §TORMSSEWERS Storm sewer No. 18 WATER MA N�' Water main No. 21 GRADING Street Improvement: No. C -2 No. C -1 BLACKTOPP S ee A_Tprovement: No. A -2 No- A-33 No. A:� TOTAL 1950 FIRST SERIES IMPROVEMENT FUND IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS CURRENT (Cont'd) C o E t r a a o r - D e d u c t i on. Balance Extra "Work Administrative General To Reserve Balance Janua and and Fund Assessments for Con December 1, 19� Contract Additions Total Engineering Other Total Share Spread tingencies Total 31, 1950 92.40 133.84 92.4© 133.84 $ 92.40 133.84 301.31 301.31 301.31 222.00 181.36 222.00 181.36 222.00 181.36 226.96 226.96 226.96 141.13 141.13 141.13 225.54 225 *5© 2255.954 R .81 64.81 64.81 24.Q9.. 324.09 324.09 $167516 -43 $ 291439.79 810s305.16 $ 39,74445 $ 2,759466 $ 49986.35 $ 647007.39 $5,549.79 8 -0- $ 37048.77 $ 3. ry7 *$ 3.1+1 $ 3,048 -41 $ 4 3 7.15 $ 7001.26 685.63 3.x+9* 3.)+i 685.55 43.62 641.93 645.98 2,976.64 15.9 $ 117602.61 2,452:18 52,4o8.7o 3,058.32 1,145 -o4 39363446 15,152.49 29524.66 ;99-A Z; Bbl. 20 57 37 79223 -Z5 $329821.87 $ 79,147.16 -62- $ 2,001.92'x$ 9,600.69 349782.15 879190.85 293.42* 851.62 29143.14 41667.80 33.09 775.75 4, 373 71 68.13 38.42 373-41 2.05 3.41 1,263.41 .1,620.. 918.91 90 318.42 9 41 649.39 4,273.14 12,013.28 01+9935.64 3,978.07 31720.30 20,197.11 8.53 649.39 41273.14 12,013.28 3,720.30 $12,301.27 $ 179851.06 $ 46,156.33 20,197.11 $ 754 o i; ob2:7o 2,007. 7* 5,215.38 188: 473.38 3 :4i 33 b.70 1,7P7- � g 6' 10.08 2f; 87: 6, 9.68 $31067.58 $1119015.04 $ 6,409.66 $ 41158.69 $1541405.26 $ 90.77 $ 55,382.17 $ 8.53 $ 3,048.41 685.55 649.39 41273.14 12,013.28 3,720°30 20,197.11 8.53 $ 949 935.64 39978.07 1;6 8.Q 6,449.68 10 08 10.08 18.61 $ 551491.55 $ 98i913-71 IMPROVEMENT FUNDS CONSTRUCT N IN OM - CURRENT (C ont' d ) - ___._as�...._.��_� _._ ....._._.�-- •---- .,- ...,,.. - - -- - -- �__...___- _�-; - �-- �..._._---- �_�... -��_M� -mss -- : -�-� -- - -.-s -- � - -__ - -- - Balance January .l, 1950 Administrative and , and Contract Additions Total Engineering Other 10 SECOND SERI, Es IMPR_QYjMENT SANITARY i w....- wwwsiw ■ w r� District ct No. 6 23,90 $ 61683.90 $ 279.75 $ do loo. 27 5,933-10 234.60* do No. 28 12,E301.52 315.33 do No. 29 41454.60 WATER MAINS Water main No. 22 37:609.00 30.00* do No. 2 3,:186.80 12.48* do No. 2a 55.72. 45,',501.25 21665.14* do No. 25 9,2 1.95 21.09 do No. 26 6,388.05 27.60 do No. 27 7,321.20 486.16* GRADING Street improvements No. C-3 No. C-4 No. C -5 No. C -6 No. C -7 No. C -8 BLACKTO PIN Street Im rovement s No. NO. AT No. A-6 A-1 No. A- No. A -9 No. A -10 No. A -11 TOTAL 1950 SECOND SERIES IMPROVEMENT FUND TOTAL _ D e d u c t I o n S General To Reserve Balance Fund Assessments for Con-' on December Total Share Spread tingencies Total 31, 1950 6,963.65 $ 557.09 21877.13 $ 10,397.87 $ 10,397.87 $ 10,397.87 5,698°50 455.88 2,552.90 8,7047.28 89707.28 8,707.28 12,616.85 19009.35 35•'+9 13.,661.69 1418lf7.24 ,661.69g 13,661.69 4,454.60 356037 36.27 4,847.24 4,847.24 3,79.00 286.32 3 4 7.83 ,223.1 49223.15 49223.15 3,174-32 254.94 3 .0 3,772.3 31772 31772.32 42,836.11 3,481.35 1,136.50 47,509.8 47,509. 8 471509.68 9,253.0+ 738.56 959.10 10,950.70 10,950.70 10,950,70 69415 .65 511.04 668.06 7, 94.75 7, 59475 71 594.75 6,835.0. 546.80 32.02, 7,413.86 7,x+13.86 7,413.86 Q 41.07 6995.70 695-70 55.66 29.34 780.70 780.70 780.70 2,'546.990 2,546.90 203°75 146.5 2;797..60 2,797.60 2,797460 1,'344.40 184.15 11528.55 122.28 42.41 11693.24 11,693,24 19693.24 11296.00(A) 11296.00 25.60 it 21.60 1,321.60 24.44 1,509.88 11509.88 120.78 179.61 1,834.71 11834.71 11834.71 565.00 565.00 45.20 27.97 638617 .638.17 638.17 22.55 5.29 27.84 27.84 385.90 642.60(A) 642.60 5.29 11033.79 1,043.79 204.11(A) 204.11 38.45 242.56 2 2.56 27.08 27.08 27.08 19020.20(A) 19020.20 695.54 1,115.74 17715.74 642.60(A) 6642.60 27.15 669.75 669.75 4, 06,�(A) .w...__ 4,063.68 w..r, -. 1,4:43 _.,w4 077.11 4.077-11, 112-51 S112,l442.44 $ 2.6*All6 541.98 1, .37 #10`129,064 135..79.5_0_ . -o- , ., ,. -o- 22.96 8 9,156. 54 $49,850.81 $227,729.69 $39,572.28 $2679301697 $179914.69 $19,324.68 $3549392.15 $59640.56 $182,205.13 $12,319.88 $200,165.57 $154,226.58 Note A - -Interfund transactions with the-General Fund are as follows: Total for year Paid and collected during year Balance at December 31, 1950 * Indicates red figure. -63- ,P�a abl�e $17,914.6 10, 62, 6.94 $ 7,287.75. Receivable .. 85'640._5_% 22 $5,549.79 ,. w • �� ' Y w .' a A, � ' 'nYS ". ■, �' VILLAGE OF EDINA December 311 1950 Balance January 1!. 1950 To Current Adjusted Balance current ConstrMtioh for December Additions canceled Transfers Reclass3 edtinder -run 31,s 1950 PERMANENT S OR R gVEI�IEN REVO VINO Ft 1 $ 6 1684.90 MATER i�AIN . Yvonne Terrace $ 1 9.641.00 $1 .-641,o4 OPp West 5'5 street Wind Road West 49th Street Street improvement No. A -12 TOTAL PERMANENT IMPROMMET REVOLVING FUND .192Q FIRST SERIES rMPROVEMENT FUND SMUTARY S Trunk sewer No. B-1 SEM NO. 1 Street improvement No. C -2 JWKTOP Street improvement No. A -1 do A-2 do A-3 TOTAL 1950 FST SERIES IMPROVEMENT FUND 1950 SECORD SERIES IMPROVEPENT F SANITARY Noe 26 a 9.1 M- Street improvement No. C -6 BLACKTDPPING Street improvement No. A -5 do A -6 do A---J do A. do A -9 do A -10 do A -11 -D TOTAL 1950 SECOND SERIES IMPROVEMENT - FUND TOTAL $ 6,684.go 51278.29 $5:9278.29 582.x $ 451.89 6 19-11+5 .111.50 11847.42 11847.42 1_t982.05 1,982 05 8 7 502.13 $10414.37 $1x641.00 $ 451.89 $51278.29 $ 19.45 $10!625.87 $52 x40.8.70 $529408-70 19 145.04 851.62 $ 293.42 2:x. 524.66 $ 21143.14 4x667.80 2x182.00 2x382.00" 11 61.20 1,x.06.70. 754.50 5215.18 $679544,85 $ 2 tlh-3.14 $ . -o- $22 -15578.25 1,319..00 $669632.20 $ -a- $39055.79 $ -o- $229578.25 1x319.00 1x680.00 1,680.00 19037-40 1, 037.40 329.49 329.49 19760.00 11760.00 11647,00 11647.00 1' 037.40 1 xfl37.40 9.21T.12 9.217.12 r rr�r.nr■r..�r i .r iw rr �e ��.rrr■ ■. rr� rr► ir�n�■ ■ u■�r�■ r■ rr' rr rr..r•r $75x046.98.$531263.17 $19,641..00 867,084.09 $5,278.29 $3,075.24 $511,231.53 Note A - The balances above of the 1950 First Series Improvement Fund .at January lx 19509. aggregating $67.x.544.85 were shown as a portion of the Permanent.-Improvement Revolving Fund at December 31t 1949- IMPROVEMENT FUND &ESER� E FOR CONTINGENCIES V1LUGE OF EDINA Year ended December 31, 1950 :.- Deductip Balance Additions Adjustment Balance Sanuarp Prior Cur nt of December 19 1950 Years Year Assessments Other Transfers 319 1950 -- __ --- _ -._.._ ---- --- - --c -- - ----------- - .r.. _ _. _._..�._... --- -mss.: _ .- �-�......._�_._. MUM IMPROVEMENT RE101AVT Nth FMD CURB AND OUT ER � France Avenue.. 51st to 52nd Streets 116,74 $ 116. Oak Drive, St. John and Concord 6 634. 634.9 Street improvement No. 591.4 591.4 do 207.56 20.56 do 29 24.61 2 .61 do 28 197.09 do � lgp;9� 190.98 do 5 315.03 315.03 .SIDEWALKS France Avenue..51st to 52nd Streets 100.28 100.28 Street improvement No. 54 89.30* 1 5090 95.20* SANITARY SEWERS District No�, 14 417.40 ,_ 1+17.40 do 17 503.12 503.12 do 21 19032,27 1.9032.27 do 22 192.03. 192.03 90 Storm sewer No, 11 514.60 514.60 do 13 49.71 49.71 do 15 601.87 S 450.36 151.51 X&TER Water main No. 6 11 50.51 350,51 477.50 6 do 1,427.36 949. do 1323 37522:3-3 39752.33 R do 2,3331.60 1:35.35 29196.25 do 15 874.81 874.81 do 16 844.15 8434.15 1 808.7 808.70 do do 19 .19750.44 52.26* 100.05 19702.6 do 20 235.54 235.54 GRADING _ Street improvement No. 2 40.52 40.52 0 do 20 857.10 85 ?. do 21 122*65 a 122.65 * do 30 51 . 51. do 31 21.35 21.5 a do 32 131.2 131. 2 15�.� 471,90 do 36 do 7 268.67 268.67 do 2 86.60 86.66 do 43 45.42 45.42 do C -1 6.90* S 6.90* -o- _65., iMPROMENT FUMS7 RF9MV.9---FORr CONXj1GE :(Copt' d ) EI-U KENT I11PRDVEMEIZ REVOLVING FU111D MMKTOPEJ Golf Terrace Heights Countryside Valley View Heights Street improvement No. do do 5 do 8 doL 9 do 10 do do do do do do do do do do do do do do do do do do do do do do do do do do 11 12 15 19 22 2� 2 6 2 27 333, 39 41 44 446 4 49 51 53 A-4 STMT LIGHTING Street improvement No. 34 TOTAL PEMMANENT IMPROVEMENT REVOLVING FUND 1950 FIRSTS IMPROVEMENT FUND CURB AND G Street improvement No. B -1 do B-2 SIDEWAL street improvement No. D -1 Deductions Balance Additions* Adjustment Balance �s�� r�r.r o.wrsr January Prior Current of December 1!. 1950 Years Year Assessments Other Transfers 31, 1950 -- .�.--- �"�`p�`.�s- ._��i -..� (font' d $ 242...42 19950., 89 919,02 221, 114. 282.88 246,70 384.50 86 63 82.63 - 61, 62 1.163-93 78,02 261.96 381.1.3 29.51. 342..882 282.73 334.91' 1.41.95 308,92* 265.58 $ 423.83* 310.30 106.63 12.71 95,.12* 166.49 195.80 3431.09 1,1 2.56 1,224.38 142.50 363 :16 448.14 $32,476..19 $12001..27* $ ..o_ 511277-.34 $857.45 $356,26 $ 275. 29. 5.46 $17,683.87 $ 229.44 alrj- SANITARY SEWERS "is "rief 262.86 262.86 do 24 39925.62 31925.62 242.42 $137.0© 19813.89 137.00 782.02 .221.3 - 114. 282, 246.70 384.50. 86..63 82_.63 61..62 itM,02 261.96 381.13 29.51 342.82 282.73 314.91* 143.95 . 308.92* 818.86* 55J.28* 385.27 • 6* 1,996.77* 1146.3+7* 166.03 272.6 156.94* 155.77 $ 101,12 596.24* 188.01 66.49 195.80 11,234-84 1-9565.9 2918 . 5* 194.29 1,249.yy2,,''.. * 9,29.* 8,070•`4* 377.53 448..48. 71.55 1 $363.16 ,o- 448.14 $32,476..19 $12001..27* $ ..o_ 511277-.34 $857.45 $356,26 $ 275. 29. 5.46 $17,683.87 $ 229.44 alrj- SANITARY SEWERS "is "rief 262.86 262.86 do 24 39925.62 31925.62 RESERW - -FOR CONTINGENCIES (Cont'd) Deductions Balance Additions Adjustment Balance January Prlor current or December 19 -1950 Years Year Assessments Other Transfers 319 1950 1950 FIRST SERIES IMPROVEMNT FUND (Copt' d ) MATER MAIN Water rain No. 21 $ 341.90 $ 341.90 MING Street improvement No. C -1 8. -53* 6,90 15.1+3* do C -2 19543.24 19543.2 BLAC�OP Street improvement No.. A -1 576.71* 576.71* do A-2 170.74 170.74 do A:3 628.01 628.01 do A ---- ---- -- TOTAL 1950 FIRST SERIES IMPROVFMENT FUND --o.► C 18.61* $ 6.9605.75 $ -o- S -o- $356.26* $ 69943.40 1950 SECOND SERIES SANITARY RE6dERS. District No. 25 $ 369,72 $ do 2 $68.72 J61,72 6.72 do 2 19018.56 19018.56 do 29 - 445.97 44547 Water man No. 232 346.311 346.11 do 2�+ 6,216.69 6,216.69 do 25 910.05 910.05 • do 26 620.45 620.4$ do 27 1:9279.55 13279.55 G IN Street improvement No. C- 41.38 41.38 do C 219.58 219.58 do C -5 156.09 156 *09* do C•.8 '42.39 �..,.... ............... �.._..1..2...�39 . - TOTAL 1950 SECOND SERIES - IMPROVEMENT pii if-.rr -pe- S12.,j Z. 62A-`J rr�r -o- ..r.n _ A 2 s 6 / s 21 TOTAL $329476.19 0129319.88* $199372996 0192 ?7.34 #857.45 S -o.. $379394.48 * Indicates red Figure. -67. VILUGE OF EDINA December 34 1950 URB AND GRVER France Avenue r 51st to 52nd Street Oak Drive, St. John and Concord Street Improvement No. 6 do No. .7 do No. 28 do No. 29 NNo.5 21 8 do 22 do do No. B -1 do No. B -2 do No. D -1 S IDEWALE France Avenue - 51st to 2nd Street Street Improvement No. 5 MMITARY SWERS District loo. 14 do No. 17 do Igo. 21 .do No. 22 do No. 23 do Nob 2 do No. 25 do No. 2 do No. 2 9 do No. 29 S TO,�TERLS Storm sewer Noo n do No. 13 do No. 15 -68- Additional Balance In .Contingency Costs Contingencies Originally and at December Certified Adjustments 31, 1950 0 160.56 634.97 618.75 263.81 51.71 207.24 262.53 396,55 300.0 60.85 -0- ,9 - 97' $ 43.82 -o_ 27.31 56.25 27.10 10.15 ?1.55 81.52 24.81 31.41 5e46* 9. 100.28 8 -o- -0- 91.20 100 8 95.20 303.50 315.84 19026.11 171.75 298.17 1'722:$9 648.26 1, 8.71 41812,24 9 7309 $ 317.22 66e% 1,0 1. 113.90* 187.28* 6.16* 20.28* 35.31 2,609.13* 353.12 220.46* 370.15 36.27 2,362.3 6 197-38* 15.29 3M. 7 $ 116.74 634. 591. 20 .56 2.61 197.09y 190.98 315.03 275.19 29.44 A 21588.51 !A . 417.40 503.32 1,032.27 192.03/ 262.86 3t925.62 369.72 868,72 1,018.56 445.c7 9l036.2 514.60 49.71 151.51 71 . (Contld) .- Addi&i.4M? Pin nc e. Contingency Costs Contingencies Originally and at December Certified Adjustments 31' 1950 ��.' �.`..r =�_: - �..�....���.���r`..- .,ACC =�Ccr ��.`..�.� � c« Zc :-�L"c � :cr :.�.`.:�5.��.:.,.�."..� ::.��vr:.rAr�C��= c'• = =� WATER MAIDS Water main do do do do do do do do do do do do do do do do do No.. No No, No. No. No NO: No. No. No. No. No. Noi. No No. No. No. No. 6 12 14 16 17 18 19 20 21 22 2 26 27 GRADI S re ®t Improvement do do do do' do do do do do do do do do do do do do do No. No. No, No.. No., -No. No. No.. No. No. No. No. No. Noe Nos No. No, No, No. 16: 20 -21= 31 5 36 L7 X443 C -1 C-2 C- C2 C -7 C -8 -69.. 383.29 572.55 2'661.78 2'903.91 896.82 235.20 607. 2,123. 271.20 345.32 383.07 340.58 41585.02 983.45 686.11 8 $20,276061 65.44 -88.73 793.09 46090 92.88 55M 131.42 480.46 154.93 294.66 17p5.63 V 6.32 62.70 19946.75 266.5 1550 160.11 9205 77 32.78 377.31* 709,70* 9oa55* 521.17 29.10 52.67 21.47 201.37* 420.75 33'. 42 36.96 1, 631.67* 73.44 . 65.66 s ,l7 -3 * $ 24.88 78 M 64.01* 4 , 72 34:05 -o .56 -0- 8 25.99 89.03 40090 463s5.1 29.34 46.95 222.33 21.02 6 19136.16 350.51 949.86 3t503,35 52 �33 2$7196.25 874.81 844.15 213.73 808.70 1'702.65 235.544 341.90 346.11 308 30 69216.69 910005 620. i 2' $22:454-93 40.52 10.25 857. io 122.6 21.35 131.42 471.90 15'4.93 268.67 86.60 45.42 15 4V 1, 543.2. 41.38 219.58 66.35* 156.09 14,9069-87 32 DIACISIOP PI Golf Terrace 11dights Countryside Valley View Heights Street Improvement No. do No. do No. M • R . •• i . e. i . +a . . .a i . . . . . r . 4 s No. No • No. No. No. No. No. No. No. No, Noe No. No, No. No. No • No. No No, No. No. No. No . No,. No. No. No. No. No.. No. NO. NO: L 8 1� 12 14 15 19 22 24 26 27 403 and 39 44 46 4� 50 52 S A -1 A -2 A -4 A_. SIRESX0I!Q Street Improvement No. 34 * Indicates red figure. TOTAL -70- CContId) Additional Balance _. Contingency Costs Contingencies Originally and at December Certified Adjustments 319 1950 323.19 1,97535.26 246.40 139.3 310.88 273.82 408 5 41..1.2 467.20 1,688.42 185.39 -o- 41.07 335.89 337.73 36062 154.86 22342 281697 225.30 900.69 135.33 370.58 132.95 21.3.2.1 71.89 207.49 918.10 1,767.71 1,249,90 1938.62 174.15 68..Es 816 , 9.50 1,9.65 $5328110+7 80.77 161.37 171.58 2,40 2f8�.00 2 / .12 . 2 10.6 Igo 200 0* 103.27 10.40 76.57* 381.13* 21.56 6.93* 55.00 312.91 532.64 835.25 263.86 29587i-16 21413 •33* .81 729.19 . 24.20 11.69 647.83* 31016.99 9020-34 87,07 770.43 30 .1 24.41 4 2� 1893 - 1 61 516,419.99 $ 242.42 1,813.89 782.02 221.3.5 114.94 246, 70 3 �. 1-10 0 6106 1,663.93 78.02 261.96 381.13 29053 342.82 282.73 314 1.95 55338. 8* 338. 6* 1,686.7* 272.66 155.77 596.2 189.01 66.49 195.80 11565,93 1,249.28* 8,070.44* 71.55 576.71* 170.74 628.01 Il, 9 448.14 $379394.48 a VILLAGE OF EDINA December. 31, 1950 ----------------------------------------------------------------------------------------------- Bond Issue Total No, 1 No. 2 No. 3 Sale of bonds Deductions# Bonds paid to December 31 1950 Provision made for future maturities in transfers to Debt Service Funds In 1950 Balance at December 319 19.50 p $3909000.00 $180,000.00. $1509000,00 $609000.00 8 56,000.00 0 209000400 $ 309000.00 S 6,000.00. _. •�s �� is tre o• • all 40 ails 46 -91_ INI� NT FUNDS 9O,NTUC-TS PAS VILLAGE OF EDINA December 31, 1950 ----------------------------------------------------------------------------------------------- Permanent ImMroeements improvement First Second Revolving Series Series C� :..E`..�L'`S— .x'L'.`�L'LLT�...� �...i"��.""�. —" Sir`. �.^ S�. P.. L". 1"•' 3�'...= �`—="^' r'.` �...�Z'�.�w'.^�a���`..'�.�'..'. �.`..���".,.L'�"i•�.w -+�..� Street improvement No. A -1 $ 220.00 4 do A -2 217.00 do A -3 61().80 do A -5 1,680.00 do A-6 1329. do A 7 9 do A -8 1,760.00 do A -9 1,647.00 do A -10 1,o37.4o do A --11 -H 90217.12 do C -2 420.10 do c -6 1,319.00 do C- 564.41 Water main Igo, 26 150000 Sanitary sewer No. 26 2215 ?8.25 do 28 10261.69 Storm sewer No. 21 $ 69684.90 Street improvement N®. 33 24,00 do 41 1'460.49 do 83 511 .77 0 . do 55 213.45 do A-.12 1.,982,05 de West 49th Street 1,847.42 do Wind Road 111.50 Settlement of Gleason contracts 25,000100 Sanitary sewer No. B -1 4i76* TOTAL $3902 ?.58 51,472014 $421581.76 Indicates red figure. ., -2- 'IMPROVEMENT EMENT Z[TJ BONDS PAYABLE VILLAGE OF EDINA December 31,, 1950 ----------------------------------------------------------------------------------------------- Maturity Interest dated September 1, 1950,. Interest pa.yabie March 1 Rate Amount �.`- ����- ..�'..r���r�'�.`.. r- .���.�i. -.�� r ��....�.- �rr.�,v - -� , .- rriLir�•"r�rw'_.�`...::w�� 195 - •e'r'r- '�..►.�.�.i. �ir`.�a� Improvement Bonds of 1950, dated March 1, 19509 1.95 do 20t000.00- interest payable March 1, and September 1 1952 1 7/10% $ 11+,000.00 do 195 do 11+,000.00 do 195 do 11+,000.00 do 1955 do 11+1000.00 do 1956 do 12,.400..00 do 195 do 8,00000 do 1959 do 8+.000.00 do 1959 do 89000900 do 1966 do 8,000..00 do 1961 do 8.000.00 TOTAL 1950 FIRST SERIES IMPROVEMENT FUND $1081.000600 Improvement Bonds of 1950, Second Series dated September 1, 1950,. Interest pa.yabie March 19 and September 1 195 1 6/10% $ 20,000.00 do 1.95 do 20t000.00- .do 1955 do 209000.00 do 1956 do 159000.00 do 195? do 159000.00 do 1958 do 15, 000.00 do 1959 do 159000.00 do 1960 do 159000.00 do 1961 do 1000.00 do 1962 do 110,000.00 TOTAL 1950 SECOND SERIES IMPROVEMENT FUND 1168.-000.0 TOTAL $276,000.00 Note A _ Each of the bonds are subject to redemption and prepayment at the option of the 'Village on March 1 or September 11 immediately preceding its stated maturity date 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 redemp- tion. -73- A DEBT SERV,Ig BALANCE §HEE T VILLAGE OF EDINA December 31, 1950 Permanent t Revolving Fund Total No. 1 No. 2 No. 3 c ASSETS Cash - current funds 519353.45 $ 24034.23 $ 19012.78 $ 79706.11+ Taxes receivable - deferred $335,660.00 $1589660.00 5121,700.00 $55000.00 Less allowance for un- collectible taxes 18219Q,00 270.00 a, o.00 . 0.0 �8 S114245OoOO 17 ZO: 00 152,320.gQ $3689623.45 8174,834.23 $1339762.78 660,026.44 LIAB,AITIS Due to Permanent Improvement Revolving Fund Bonds payables - In 1951 Subsequent to 1951 Future interest payable $ 3,473.45 41'000.00 291.000.00 $334,000.00 11.150.00 $3689623.45 -74- , $ 1,234.23 $ 209000.00 140.000.00 $1609000.00 13.600,00 $1749834.23 $ 1,612.78 $ 15, 000.00 10 5.000.00 $120,000600 .. 2 1Q $133,762.78 626.44 •fit ��� $ 51+9000.00 5,404 $60,026.44 DEBT SERVICE F FUND STATEMEj% , ,OF S. LR§ VILLAGE OF EDINA Year ended D December 319 1 1950 ----------- Permanefit Improvement'Revolving Fund Bond SUMS n ng, Fundnd,i.�..�.._,� Total N No, 1 N No- 2 N No. 3 Balance at'January 19 1950 $ $39541.50 $ $1264.33 $ $19639463 $ $63744 Deductions$ Accrual of liability to Permanent Improvement Revolving r Fund for transfer of surplus funds 6 63,47.45 $ $1;234.23 X X19612.78 $ $626.44 _ Fiscal agent's service charges 1 10 6 6 1 Balance at December 31, 1950 $ -o- $ -a- $ ..o.. $ -o- r r r -75- V ILLA GE OF ED INA Year ended December 31; 1950 ----------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------- Permanent Improvement Revolving Fund Bond Sinking .. d 3 Total No. 1- No- 2 No. Balance at January 1, 1950 $50'726640 121.519.73 $219369.13 $79837.54 Receipts: Transfer from Permanent . Improvement Revolving Fund '*Z482499. 93*100400 0 080.00 969606-40 544X 19.73 $399069-13 $149917-54 Disbursements: Bond maturities 5369000.00 515, ©00.00 $150000600 $6,000.00 ,Interest maturities 79687.50 3,45o. ©o 39037.50 19200.00 Fiscal agent's service charge 68.o5 30.10 26.85. 11:10 Payment on liability to other fund '0+97.40, ] s 80 �+0 1.692. 0 320.02 0 11 Balance at December 319 1950 $51,353.45 924034.23 $199312.78 $79706.4+ _76.0 VILLAGE OF EDINA December 319 1950 ,���9�R�M�T#!w�14� - �_�il�+!r�T_Y�M._f�l.tl�_I►!� Y!_ _ - `ef, err2d, LU Lev, roles Allowance To Be For Maturities Spread Uncollectible Maturity Date Bonds Interest Total in Amount Taxes Permanent Improvement Revolving Fund Bonds of 1947 - 2 %s April 19 1951 S 1o,000a00 1,6o0:o0 October 1t 1951 10,o0O.o0. 19500.00 23,100600 April 1, 1952 . 10,000.00 1,. .00 _ October 11 1952 109000.00 1000-00 22, 700.00 1951 S 23, 940.o0 _$1, 24o .00 April 11 1953 10,000.00 1.1200.00 October 1, 1953 10,000,.00 19100.00 22: 00.00 1952 23,520,00 1., 220.00 April 1, 195 10,000.00 19000.00 October 1, 1954 141(300.00 900.00 211,900-00 1953 239100.00 1, 200.00 April it 1955 10,000.00 800.00 October 1, 1955 100000.00 700.00 21,500.00 1954 229630.00 19130.00 April 19 1956 1 0,000.00 600.00 October 19 1956 100000.00 500.00 21,100.00 1955 229210.00 19110.00 April 1, 1957 100000.00 400.00 y October 1, 195 10,000.00 300.00 20,700.00 1956 21,840.00 1,140.00 April 1, 1959 109000.00 200.00 October 1, 1958 10.0„ 0004 ._..0 d 20.300.00 1957 21•.42g,.Oo 1.320.00 TOTAL. 6160,000.00 6139600.00 X1739600.00 158,660.00 68,16000 Total to be paid - per above Tag levy for 1950 canceled by Council. Transfer made from Permanent Improve- ment Revolving Fund for payment of bonds and interests Due April 19 1951 Due October 1, 1951 Total for which levies are to be made Allowance for uncollectible taxes Deferred tax levy W77— $173,60o.00 S 109000.00 t 19600.00 O 12.500,00 . 209000.00 S 31100.00 _121 r. t of .t .� tr $158,66o.00 Y DqXergeg Tax Levies Allowance To Be . �. ._ For Maturities 'Spread Uncollectible A4aturity_ Date Bonds Interest . Total In Amount Taxes Permanent Improvement revolving Fund Bands of 1948 - 2 1/4 %t July 19 1951 1 19350.00 ` January 1. 1952 6 15,000.00 1050.00 179.700.00 July 19 1952 11181.25 January 19 1953 159000.00 1*181.25 179362.50 1951 189500.00 $19137.50 July is 195 1,012.50 January 10 19543 159000 +00 11412.50. 179025.00- 1952 1802D0900 19175.00 July 10 195.4 843.75 January 10 1955 15 *000.00 843.75 169687.50 1953 179800.00 19112.50 July it 195.5 675.00 January 10 1956 150000.00 6.75.00 16,350.00 1954. 179400.00 19050.00. July is 1956 506.25 January 19 1957 .15.0000.00 506.25- 169012.50 1955 179000.00 987.50 July 19 195 337•% January 10 1959 159000.00 31g'.50 159675.00 1956 16,600.00 925.00 July it 1958 168 :75 January it 1959 159_,000200 .,_r,_ 68075 _„15_,,;13 50 1957 lam, x,00 8fiajg $120'000.00 $129150.00 $1329150.00 $1213700.00 $79250.00 Total to be paid - per above Tax levy for 1950 canceled by Council. Transfer made from Permanent Improve- ment Revolving Fund for payment of bonds and interests Due July 19 1951 Due January 19 1952 Total for which levies are to-be made Allowance for uncollectible taxes Deferred tax levy ��r $1329150.00 159000.00 $ 29700.00 17.700.00 $1149450000 WMAN-OW1#71010 $1219,700.00 �Frrrrrrr�wr.R a n -79- Deferred Tax Levies Allowance To Be For a2aturity Aate Maturltils Bonds otal Spread In Amount Uncollectible Taxes Interest Permanent Improvement Revolving ` Find Bonds of 1949 - 2%s July it 1951 0 540.00 January 11, 1952 S 6,000.00 .00 S 7,080 40 July 19 1952 480.00 January 1, 1953 . 6,000.00 -480.00 69960-00 1951 S 79400.00 1 440.00 July 1, 195 42o.o0 January it 19 420.00 6,84o.00 1952 79200.00 36o.00 July it 1954 36o.00 January 11 1955 6,000.00 36o.00 6,72o.00 1953 7,100.00 380.00 July it 1955 300.00 January 19 1956 6,000.00 300.00 6,600.00 1954 7,000.00 400400 July it 1956 240.00 January 19 1957. 6,000.o0 240.00 6,480..00 1955 6,800.00 320.00 -duly it 195 180.00 January it 1959 6,000.00 180.00 6,36o.00 1956 6,7oo.00 340.00 July 1,. 1958 120.00 January 1. 1959 6,000.00 120.00 6,240.00 1957 6,600.00 36o.00 July it 1959 6o.00 January 1, 1960 -„_6 Q 60.00 ,o.00 .-6,12 .1958 way - �8 ,00 554,000.00 45,400.00 $59,400:o0 X559300.00 02,980.00 Total to be paid- per above 459,400.00 Tax levy for 1950 canceled by Council. Transfer made from Permanent Improve - ment Revolving Fund for payment of bonds and interest: Due July is 1951 $ 540.00 w Due January 1, 1952 a 6__,,000�oo _ ftsoo 6,000.00 $19080.00 , m80.00 'r Total for which levies are to be made $52,320.00 Allowance for uncollectible taxes ,_2,980. Deferred tax levy $55000.00 -79- Cashs Current funds $ On deposit Working fund Appropriated funds On deposit Accounts receivables From customers Due from other funds Inventories - at costs Meters Supplies Fixed assets Note As Land V11j.AGE OF EDINA. December 31, 1950 A S TS 20,x•95 for bonds and interests Buildings and equipment Less allowance for depreciation Deferred chargess Unamortized property acqui.sition.costs Prepaid insurance Due to other funds Accounts payable and Trade accounts Salaries and wages Interest Deferred income Bonds .payable - due 2 1/2% to September balances 20,425.95 ., 4a: $ 24, 793.45 0: 543.82 89670.82 $ 274.95 6 .79 950.74 $556,i016. 05 6 7,392.30 6 s 611.• 22: 4, �98jtg483 486, 797.13 accrued expensess annually September 1st, . 1i 19571 and 2 3M on $ 5,000..00 annually Z0000.00 annually 9,000*00 annually 109000600 annually Surplus$ 1951 through 1952, 1953 through 1956, 1957 through .19609 and 1961 through 1967 Revaluation of fixed assets Note A Contributed by special assessments - Note A Earned surpluss Appropriated Unappropriated 891.42 72.82 964.24„ $ 1,785.13 92.40 1.245.00 $ 379561.22 3 9250.10 $522,176.38 $ 1,•260.40 3,122.53 200.00 140'000000 $ 49367.50 � $5229176.38 �- ----� Dote A The original utility purchased in 1947 is carried at amounts based on appraisal at time of acquisition. Subsequent purchases are carried at cost. Water mains for vhieh the benefited property owners have been assessed are carried at construction cost with contra credit to surplus contributed by special assessments. -80_ T TEM�r , F g VILLAGE OF EDINA %ear ended December 31, 1950 ----------------------------------------------------------------------------------------=------ Contributed by Total Dnappropriated Agpropriated Assessments Revaluation �si�ar�Y�a►i�.rMS�M �Ir�� �.— �r°Yr+��� i�f� fir- +r���TA Balance X'anuary 1* . 1950 $283,622.59 $199067.95 $41430.00 82219881.44 $3812+3.20 Additionsa Net income for the year 12086.20 Depreication provided during year on excess of appraisal value over cost -o- Reduction of appropriation of cash for pay- ment of bonds and interest -o- Water mains con - tributed by special assess- - mentsa No. 21 to 271 inclusive 8 68.66 8378-0377-45 Dedudtionst Adjustments for charges by General Fund for repairing street openings M-00. Sal4nce at December 34 1950 $377,593.45 * Indicates red figure. 12,386.20 62.+50 62.50' 1322,198.63 3 7. 0 •! $31,414.63 $49367450 - -81- MA 250. 6 3 p2 0.10 $3049250.10 681.98* 837t561,22' $379561.22 VILLAGE OF EDINA Years ended December 319 1950, and 1949 $kmnber 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 services Street opening fees GROSS INCOME Expensest Pumping: Labor. Power and light Supplies Buildings Labor Fuel, Suites Telephone Equi Expenses (Cont'd)s Administrative and generals Salaries: Superintendence Clerical (general fund) 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 expense Interest on bonds Fiscal agent's service charge Loss on equipment sold or scrapped NET INCOME FOR YEAR Refund of amount paid in lieu of 1947 taxes TRANSFERRED TO SURPLUS Depreciation charged to operations included in the above _g3_ (CantId) Increase 1950 1949 Decrease* S 19738.52 $ 1;604.21 $ 134.31 11200.00 19200.00 ao 924.54 7P.96 166.58 43,54 47.18 3.64* 1.27 292.75 221.52 462:50 19334089 872.39* 250.00 250.00 -o 151.40 1.39.84 1146 152.49 107:29 45.20 �8�82 6.04 21.82 .. 2146.-07* RZ-6V.16 2 1:: L211140. $ 1201 v726-51 594.24 594,-24 $ -o- 3,818.33 3,943.34 125.01* 15.89 12'.21 .32* O.OQ . 1* .10 20. 12,3 .20 f-794359-75 94,9 • -o- 1.554.96 1.554 i96* $12,386.20 $ 89993,71 53:392.49 $ 8,175.36 $ 71054.61 $1,120.55 i�A� , F A4NAUSIS CF CHANGES IN GASH BALANCES VILLAGE OF EDINA Year ended December 34 1950 Balance-at January 11 19503 Current funds:, Oa deposit Working .finds Appropriated funds for 'bonds and interest Funds providedt Net income for the year Legs adjustments for prior years Charges to expense hot affecting casht Provision for depreciation Amortization of property acquisition and bond issue expense Decrease in asset accountst Meter inventory Supply inventory Increase in liability accounts: Due to other funds Salaries and wages Deferred income Funds appliedt Increase in asset accountst Accounts receivable customers Due from other funds Prepaid insurance Decrease In liability accounts& Trade accounts Interest Bonds payable Purchase of fixed assets (excluding $82,368.66 contributed by special assessments) Less carrying amount of disposals .84. &MIM 1st Dacembar. 6 803.35 .P %7.90 11.011.26 60..72 ifto- 8 274.95 675.29 91 _ 11.260.40 92.40, Mom $ 1107148 '$, l 552 +80 616605.39 50.81 6 6,781.12 $ 2,392.89 11286.67 145..000.9! 0 .. P...... . 11.1• $148$679.56 # 81543.82 1200 $ 8,743 *64 $ 1, 785.13 1$245.00 ..1_. .. 000000 $143036,13 034.13 $28,705.48 25.00. $12 :386.20 :i.11 28 $ 8,175.16 �1 5., 94 1& 528.40 - 1ll�llliwlp _I62 11 $ 249.14 31x68 �._ n 4 10:88 .43 76.19 2.90 607.76 41.67 �.oeo.o0 $281730.48 4.44.00 $111602.20 89769,40 5900 $339 160.48 480.82 2 44 654,1603*41 # 1, 962'.52 5.,649.43 $229233.01 02- 22.198.03 29.809.96, B *lance at December 311 1950 $241793 *45 WATERWORKS F ACCOUNTS RECEIVABLE VILLAGE OF EDIKA December 34 1950 Balance at Tanuary if 1950 $ 69660.39 Additions: Billings to customersa Water sales $419302.29 Penalties 149.03 Overcharge by vendor 32.40 Cutting -in charge 8.6Z 41 4 Deductionsv Cash collections ,A2 608. Balance at December 34 1950 $ 89543.82 ,l1 BUILDINGS AND EQUIPMENT Pump house buildingst Number 1 Number 2 Number Dumber 4 Walls Number 1. Number 2 limber 33 Number 4 Pumps and pipings Number 1 Dumber 2. Number 3 Number �t WATERWORKS EMM F.iM AS-SEM VILLAGE OF EDINA Year ended December 31, 1950 TOTAL PDMP HOUSE BUILDINGS TOTAL WELLS TOTAL_ PDMFS AND PIPING Tank and towers 1947 and prior construction 4 Reconditioning TOTAL TANK AIM TOWER Distribution systems Purchased in 19471 1928 and prior construction. 1929 to 1945 construction 3946 construction Reconditioning in 1947 -86- ------ - ----- slant° Balance Balance :anuarg December January is 1950 Additions Deductions 319 1950 19 1950 $ 5,8©os65 $ 29234*48 892.80 59824,43 - 953-4/1 $ 49424.44 5o447-44 69307.00 -o 169 7 s 10050.72 7,331.00 4,.039.08 23, 20.0 x.39 18.65 1. O 149"938,10 8 '789155.00 769166.60 11.17.87 61659639047 $ 196,25 $ ' 1, 591.65 12990-0 9. 39990.02 0,1 � 70• M04 ace or Degreciation Net Balance Balance Curr�nt December December Provision Deductions 319 1950. 319 1950 79392.30 8 -0- $ -0- 7092.30 $ 21234.48 $ 629.35 89.08 8 718943 $ 19516.05 892.80. 229,54 35.1 265.25 627.55 59 824.43 263.51 178, 6 442.33? 5,382.o6 .0 •o- .22-85 .8 5 1.910.12 wo 1 -2941073 0 1-912Z* '^ T 363-50 -0- 1, 5.90 Vii, 3 $ 4,424.44 $ 19179.99 $ 88,48 $ 19268.47 8 3915.97 5,447.44 19343.87 108.94 194 2,81 3999 ,63 69307.00 315.35 126.14 441.49 5,865.51 -ow 8 86.1 - •- 82*87 82.87 8.201.& 21+9465-5-9- 2, 3 .2 3 3,21+5,,6T+ 219.95 109350.72 4 294°36 414.0 $ 4 708. 9 $ 59642.3 779331.00 3,374062 169 3.24 3;667.86 39663.1 49039.08 396.16 1.6 557.2 3'481.36 0 - - 418. .0- 29-1290,-W' , 2 ,�. 619020.23 'Tr- 6 99 0 209 $ 139318.65 $109521.72 $ 399.5 $10921.27 $ 29397.38: 9- ,4. ,,.. -. 772 945 4 -587.68 0 -o- 1 938-10 10: 772. 3, 577* 69 T"-.oa it 3 0. 2 3 8 789155.00 $26,96 ?,54 $1,042.06 $28,009.6o $.50,145.40 76,166.80 10,92448.17 3,0105-.55 X994,,�00 64$228288 o: 1b7� $3894720-46: 2* 20 . €3.97 12500.1040 196.25 $ 5.24 $ 2.62 $ 7.86 $ 188.39 WATERWM F ET .(Cont'd) `. A e t Allowance for DepreciatIgn Distribution Net la ance B& ION, valance Ralance Balance January December January Current December December 19 1950 Additions Deductions 319 1950 39 1950 Provision Deductions 319 1950 319 1950 1947 4 3.947 5 B LD 'NGS AM EQUION.VT (Cunt ' d ) Distribution system Cont'd)s Water main construction contributed by special assessmentss Year• Number �_. 19 41 1947 33 1947 4 3.947 5 197 ? 1947 8 19W 9 1947 10 1948 12 14 1948 1948 15 1g48 17 1949 19 1949 20 21 950 1950 2a 1950 25 1950 26 1950 27 1941 Woodale Avenue 1940 Edina Court TOTAL DISTRIBUTION SYSTEM Office equipment Miscellaneous equipment Tools TOTAL BUILDINGS AND,EQUIPMENT TOTAL F1, XED ASSETS -87- $ 228211.40 5:9.361.80 129132.74, 15, 919.25 209649.11 39779.71 6,328.20 9,166.35 59945.76 3,793.45 49584.02 26,8. 7.83 ''++99 !- 3 13. 279785.31 8,999.01 98100.10 5;12°25 219568.25 2,778.86 -o- wo -o- -o- -o- wo- -o- 19735.0 way 7s 750j: ..-r 572 278.15 474.0 $4589846.68 $ 229211.40 5,361.80 129132.74 15,919.25 209649.1; 39779.71 69328.20 9.1166..35 59945.76 3, 793.45 49 584.02 �6, 87.83 6- ,493.13 27,785.31 89 998.01 %1100G.310 5y e2 .65 218 56.25 28778.86 $ 3,405.30 3005,3O 3,902.28 39902.28 39474.02 39474.02; 479275.64 479275.64 109043.91 10043.91 C,814-75 69814,75 71452.70 1,3 9755.00 1.0001*,N. 5 82 68k66 82-93680-66 �0- 6472021,70 778.50 40.00 19289.22 278.15 15s28 49o.61 1910 2 +0 351fis 0 .0 $1049601.67 $40.00 $5631408.35 $ 29369.20 $ 296.15 $ 29665.35 $ 199546.05 571.92 71.49 643.41 4,718.39 42 .54 161.7?' 485.31 119647.43 24.52 212.26 636.78 159282.47 550.64 275.32 825.96 19,:823.15 :100.78 50.39 X51.174: j96,?83.54- 168.76 84.3 2533.1 9075.06 244°44 122922 366.66 89799.699 158955 79.27 237.82 51707.9+ 101.16 50458 151.74 39641.71 322.24 61.12 183.36 49400.66 709900 354.50 19063.50 259524.33. 173.16 86. 8 259-74 6,2 :39 370.46 370.46 740.92 27,:044.39 119.97 119097 239 :94 8,758.07 121 3 121.33 242.66' 8,857.44 31. 2 3.62 63.24 2,308.15 1x8.85 77.70 116.55 59711.10 3.78 287.56 431.34 219136.•91 18.52 37.04 55956 29723..30 -o- 22070 22.70- 3,382.6o -o- .26.02 26.02 39876.26 -o- 23,16 23.16 3 4M0 315.17 315.17 ,960.47 -o- 66.96 66.96 99976.95 - 45.43 45.433 6,769.32: -0- 49.68 49.68 7,403 .08 185.04 23.13 208017 19526.83 � � . 0 866.70 845-9593*15 97 . 2 .0o- 1,3 1. 7 20,9 0.13. 39.90 44.99 5.00 79.89 4209.33 8.53 13.90 22.43 255.72 -o- -o- 4 0.6 .0 $8.17 1 .2 $681441,06 $8,175616 $5.00 $769611.22 $4869797.13 91 - VILLAGE CF EDINA. December 34 1950 - -- - - - - - -- - -- - - -- _Eaters t Bond Interest Principal Payable Paid Member Rate Amount in 1951 in 1950 Waterworks Revenue Bonds of 1947! dated July I ,,. 1947= " Maturity September It " 1951 11-► 15 2 3/2% 59.00040 $ . 125000 125.00 1952 16-20 do 5:,000.00. 125.00 125.00 1953 21- 27 do 7,000.00 175.00 175.00 1954 28-34 do 7000.00 175000 175.00 1955 45-1+1 do 7,000.00- 1754.00 175900 1956 2- 48 do 79000.00 175.00 175.00 1957 49 -.56 do. x,,000.00 200.00 200::00 1958 57-64 2 3/4%. 9000.00. 220.00 220.6 1959 65* 72= do 4000.00 220w00 224.00 1960 J3- 80 dm 8 000.00 220..00 220:00 1961 1- 90 do 109000.00 275.00 �'.,.� 1962 91400 do 10 000-00 275 *00 P-75.00 196 102.110 do 10000.00 275..00 2 ?5.00 196a in -120 do 14 000.00 275,00 275.00 1965 121 -l' do 309000.00 275000 - 275.00 1966 11 -9:40 do 10.9000.00 275.00 275.00 - 1967 141 -350 do 0 -00 0 Total Bonds Payable at December 319 1950 .:$140,00mo $39735.00 Total Interest Payable in 1951 $3,735.00. 9 a88- Maturities - September 1, 1950 51000.00 125.©0 Total-Interest Payments in 1950 $39860.00 ARBAGB F B TESPE VILLAGE OF ED1RA December 319 1950 ASSETS Cash .. current funds 6 35645* Receivabless November 19501 tax settlement remitted by County Treasurer in February 1951 In $104.25 Certified in 1950 ,. collectible 1951 419.86 Delinquent .receivables assessed _z, 2t $� 9651 Accounts receivable •� customers .68 Due From other Funds _ 4 !kQ 10078.67 Fixed assets - at cost �.. �t 26 0 815.18 UABILTTZE Due to other Funds $ 63.50, Accounts payable 19343.75 SurpluswdefieW s Surplus Invested in fixed assets Deficit (excess of expenses over income' 33,26 6 815.18 * Indicates red figure. -89- AGE F STATEMENT of sURL -.DgjCjj VILLAGE ,OF EDINA Year ended December 31, 1950 --------- Invested in Fixed Unappropriated Assets : L' �.' 1SSt�t- .,�.— +rw- .►.+...�`«�'�."`.`.' �.— i..." ��.. L' S.^.`. �—..."... ��t'. S�+: rw^^ �.`.' rRt ".L"'`.�aC.~�."..SJ.'S.'C'.�L' . 2-'.. ow'.Z �.." 3"' L'r...'�.`r'T.L"."�.��'L'.""..^ .."..ter ".YL"lT.-- f.��'°..SZ�L`i Balance at January 1p 1950 $653.59$ $68472 Additions: Fixed assets acquired .240 a 24 7 '..I a 934 Deductions3 Net loss for the year 7 20 Balance at December 31, 1950 $685933* $9346 Indicates red.fguree - -9©` 2 fiM E FUND o�.� rrrmrrr.� ,INCOME AND EXPENSE STATEMENT VILLAGE OF EDINA Years ended December 319 19501 and 1949 ----------------------------------------------------------------------------------------------- Increase 1950 1949 Decrease* Income: Service charges and penalties Expense: Collection service Administrative and generals Clerical services - General Fund Office supplies Publishing Auditing TOTAL EXPENSE NET LOSS -91- $15,890.20 $13,697.00 $29193.20 015,04o.61 $13,325.33 $19715.28 600.00 S 600.00 $ -o- 151.79 367.06 215.27* -o- 18.80 18.80* 105.00 100.00 0 255aft 992,07,* 615,697-LA 3140411.19 81,4U§921 $ 7.20 $ 714.19 6 706.99* ANALYYss QF CMWGSS .IN CASH BALMY& VILLAGE OF EDINA Year ended December 319 1950 ------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------ Balance at TanuarY, lo 1950 Additions Tax settlements remitted by Pillage Collections on customers' accounts Collection from Sewer Dental Find Deductions: $ 383°16* 2334785 15,657.2 rri � i�rrrr� �rwri 1110. 7 Expense for the year X15,8 7 °40 Add accounts payable at December 319 1949 2 17,1 le Less liabilities at December 31, 19501 Due to other funds $ 63.50 Accounts payable IsWlg75 1.1+OW7.2j Purchase of fixed assets 61517 2 Refunds to customers 68.56 158869.62 Balance at December 319 1950 3 356475 ` e Indicates red figure, It M -924M GARBAGE ANALYS 13, 0 4 RE;C JVABIM VILLAGE OF EDINA Year ended December 319 1950 ------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------ Other Assessed Customers Fonds Total Balance at January it 1950 $410.54 600.40 $3.00 $ 19013.94 Additions Billings - per income statement $159890.20 $159890420 Certified to County Auditor for collection in 1951 $419.80 41 .80°x° .460,M - Receipt credited in error U+O* $4.40 -o- Refunds charged to customers accounts IM 6 30,34 $16,134496 87- 1 ,97 .70 Deductionst Tax settlements remitted to Village $233 *75 0 233075 Colleetions from customers $159657.28 159657.28 Collection from other fund �� 3.0�? � 00 Balance at December 319 1950 $596.59 1+77.68 $4o4o $ 19078.67 e Indicates red figure. --93- Y MWEA REUM_FII, ND BALANCE §HHEET VILLAGE OF EDINA December 311 1950. A§SETS Cash - current funds $ 99678.16 Investments - U. S. Government securities e at cost 6,000.00 Receivabless November, 1950 tag settlement - remitted by County Treasurer in February, 1951 54.16 Certified in 1950 - collectible in 1951 86.10 Delinquent receivables assessed 6,8Z 5147.13 Accounts receivable - customers ,�„ 260.48 Fixed assets - at cost Prepaid expenses - water billing Due to . other�fundsr Accounts payable Surplus: Invested in fixed assets Unappropriated (excess of income over expense) -94o 896.37 2.._. 0 $17,035.01 63.50 3188 .94 896.37 12,,188.20 �1 ?,035.01 Y SEWER RENTAL FUND STATEMENT OF„ S�LUS VILLAGE OF EDINA Year ended December 31, 1950 Surplus Invested in Unappropriated Fixed Surplus Assets r. �•- �' T�• ���... ��` 37r L. r. �... : r�. ��........ wr��. �" yC1GL: L" L: �L" �T. L� ..�r...�.r�L`�....�;�+�`.= - .�L"`�r.'S.T�iS9'����i".+.5 Balance at January 19,1950 $109792.44 S 862.74 Additions Net income for the year 19429.39 Transfers To surplus invested in fixed assets 33,0 Balance at December 31, 1950 1129188.20 6 896.37 Indicates red figure. �95- SF E1n� ENT" FUND INCOME AND EXPL§E STATE ME VILLAGE OF EDINA Years ended December 310 19509 and 1949 Increase 1950 1949 Decrease* �L"... - - _ _ - .�?.�.'...- Sr�".....SC...�.. - - .- �..,...�..�.r.�.... -�,+ ,err w"'.L`...�.. -w, -• ter. -�L'r "��'.�.�.' Operating income: Service charges and penalties Less refunds Expenses: Operatings Sever maintenance and treatment Labor Supplies Repairs Water Power Rent of equipment Excavating, ..Administrative and generals Clerical - general fund Stationery and postage Auditing Miscellaneous TOTAL EXPENSE OPERATING INCOME -LOSS* Other income * Indicates red figure. if NET INCOME- -LOSS* -96. Sio.465.76 :0 10s 3:76 6 7'429.44 573 +83 17.8 9.00 200.00 14.07 100.00 6o4.00 155.32 70-00 A 0. 1,293. S 135.95 S 10429.39. 7.80 690204.25 $6,820.28 991.17 170.64 210.31 200.00 $10253 o $19259651 S 609.16 417. 4* 152.0* 201.31'0 20.29 6.22* 100.00 6o.00 28 - 1* 9472-M 12 1* 600.00 286.89 100.46 0 0 505.19 300.94* .�7- 6. 227.71* S 131.57* 30.00* 114 8 44 * * 195942-38 _._.. 62.72 si,657.10 1 N TA ANALYSIS OF CAGES IN CASH BALANCES VILLAGE OF EDINA Year ended December 31, 1950 ----------------------------------------------------------------------------------------------- Balance at January 19 1950 $89012.06 Addition s Tax settlements remitted to Village $ 87.77 Collections on accounts receivable 109501.41 Collections from other funds 11.26 Interest on investments 135.95 aid 97 • Deductions "s Expenses for the year $ 9917002 Add liabilities at January 19 1950s Due to other funds $ 134.91 Accounts payable ,3-292$Z 1 614,ZB 1297 10 Less liabilities at December 319 1950: Due to ether funds Accounts payable 886. - -8 X44_ Purchase of fixed assets 33.63 Payment for prepaid expense 200900 Refund to customer °2.0_0 98070.29 IAi Balance at December 319 1950 $99678.16 -97_ r SEIMR RENTAL FUWD VILLAGE OF EDISA Year ended December 31, 1950 --------------------------------------------_--------------------------------------------------- Other Assessed Customers Funds Total Balance at January 19 1950 Additions: Billings - per income statement Certified to County Auditor for collection in 1951 Refunds 148.80 S 235.10' S_ 11.26 S 395.16 lo,463.76 100463.76 86.10 86.lo* -o- 23 .90 $109614-76 11.2 Y1,0,860.92 92 Deduction s Tax settlements remitted to Village S 87.77 9 87.77 Collections from customers $109501.1+1 10, 501.41 Collections from other funds 8777V 11,2 11.26 9 816.10-1.41 0 Balance at December 319 1950 6 147.13 6 113.35 S -o- $ 260.48 Indicates red figure. .►98� r!I s •4 IA VIIiLAGP OF BDINA. December 319 1950 ASSETS Cashs Current funds: Demand deposits For deposit Working fund Appropriated fundst For payment of bonds and interest For payment on property contract Accounts receivables Customers' U.S.F. checks Merchandise inventory at lower of cost or markets: Liquor. wine Beer mix Bitters etc. Fixed assets - at costs Land Land improvements Building Furniture 9 fixtures 0 and equipment . Less allowance for depreciation Prepaid expensest Unexpired insurance0 bonds9 etc. Supply inventory $2695474,35 1009017.099 ■� 9 000 �` $37, 565.34 8,918.75 9.61+5.3 189 L64.11 $ 569129.45 $85161.06 7, 02.79 1,93429 322.93 ..r., 81 $6,5oo.00 $ 195'46.23 36,900.00 6.9-4i.24>,- ,37:4 0 .!al 41.127.06 LIABILITIES Trade accounts payable Salaries and wages ])mere st s On bonds payable On property purchase contract Property purchase contract - 4% - due Apra. 300 1951 Bonds payable - 4 1/2% - due $15000040 annually dune 10 1951 to 19531 inclusive Note A Surpluss Appropriated: For payment of bonds and interest For payment on property contract Unappropriated. - Notre .g 113.00 95,502.77 579 827.06 $ 995.10 •- -•---5*2 2 ._.fit 0290-10 $2109642.38 $ 439964907 852.09 $ 168.75 '1?8.68 547::43 149200.00 1+52000.00 $ 8,918.75 ., 2664„ 6 $180564.11 874s-68 106$., 79 $2100642.38 loot® A - According to the terms of the bond issue no funds shall be transferred to any other fund of the Village so long as any of the bonds are outstanding, unless there shall have been appropriated to sinking fund' cash for payment of all bonds and . interest to.maturityo On April 230 1951 the remaining balance of the bonds were called for payment on Jgne_1t 1951. -99- e PEA VILLAGE OF ED,INA rear ended December 319 1950 ----------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------ ..,,.«.. to t de.....,,,, Bonds and Property 2M al Mappropriated Interest Purelnase 1 6,11 Balance at January 4-1950 $ 579727.61 $389528.57 689975.00. $10 ,p224.04 Additions: Net profit for the year 48051.1$ 48351.18 Transfers in - outs �..,..,.._.�... .,.... b�4,..•.9�. Balance at December 34 1950 X069078.79 Wt514.68 . ..600` ._...,. t6.. 28o -6 88,91$ +75 90645.436 LIQUOR DISPENS ARY- F MUNE AM EXPENSE STATEMEM VILLAGE OF EDINA Years ended December 319 1950' and 1949 Cost of sales Inventory January 1st: Purchases Inventory December 31st: COST CP GOODS SOLD GROSS PROFIT PER CENT. T.0 NET. SALES Operating expensesr Salarioat Manager Sales clerks Bookkeeper t Provision for depreciations Land Improvements, Building Furniture, fixturest and equipment Rent Seat Light and power Telephone Insurance and surety bonds; Supplies Selling Janitor .Office. Repairs and maintenance Burglar alarm service Maintenance of parking lot Laundry service Auditing and accounting Sundry Other deductions: Liquor Revenue Bonds expense: Interest Fiscal agentfs service charge Interest on purchase contract Legal services $ 54,684.2 1. 30 9,917e47 2 41 $ ' 57064.93 rr $ 61'.982. 8 11 7. 2 ' 80 .? . 8,861.89 31067% 19795.53 37.318.55 839''-14.2U $12617,9.79 $ 8,490.34 18.59% t Note A Cash overages, less the amount by which liquor and urine tags were over register readingsl have been allocated to liquor and wine sales in amounts proportionate to the retail value of net inventory shortages of liquor and Via_. $ :255.96 3.777.02 64, 032.93 2. 10.0 $19279.08 25.6 % $ 7 .65 $ 29125.14 .0 41 .60 8 . 0 2.7 ' 82 • $151.26 $ 9,920.68 30.42% 19.39% TOTAL OPERATING EXPENSES OPERATING INCOME NET INCOME $ 639791.84 315.624.12 6379, x+15.96 02.• 2 ;.1 $ 610848.46 260.455.55 362'3 X84 2 $ 76; 347.50 0 700984 , ' . 21.19% $ 59352.40 1121+4.06 151.20 1'8057MU 185 $. 1,476.00 675.79 2'213.64 ..o. 224.59 539.92 146.75 732.76 400.66. 40 X40 114.23 90.00 178.07 138.35 670.00 $ 29306.,25., 24.66 757.32 -o- $ 489351.18 $ 4,294.56 lk012 oW �!-2 0. 8 189696. $ -0 984.00% 573.61 19 557.61 19987.25 210.29 461.99 1806.87 3 261.05 8.03, 728.67 905.27. 890:00 120 6 0.3? .0 1 U-429652 9 $ 2,981.25 26.35. 757.36 -. $ 389662443 1.49% 3.609 .2 . .o .41 -o- .:1655 .16N. .20 .11 .01 .11 .03 .02 • .64% .O1 .21 13.42% 21.39% 3.65 . 71 5.48% -o 30. . ...� o .60 .047 .l .05 .-25 .; .28 .03 .24 .0 .21 12.9 .90% .O1 .23 11.76,E 0 the r Per Cent Miscel- 1949- tg Net §ajes Liquor. Wine Beer Mix laneous Total Total _ Total 1950 1949 Sales $280,910.79 $27,954.03 $50s497.78 $69249.48 $497.24 $57,244.50 $3669109.32 $3341738.61 Cash overagesi less tag overages - Note A 210 . 55 62819121,34 . 8..82 $509497-78 92 : 7.24 6579244.-50 219,.17 423.4g 33 0162-10 2 27,9 2. 36693 9 Less bottle refunds NET SAMS 1281,12173"T - 4.827.65 1.260. 6 088.00 $5191567TO 6i.088"000 6 21. 32 , 9 100.00% 100.00% $27,9 2• W97.2 $454670013 5360126-0-.-69- $49-989-13 Cost of sales Inventory January 1st: Purchases Inventory December 31st: COST CP GOODS SOLD GROSS PROFIT PER CENT. T.0 NET. SALES Operating expensesr Salarioat Manager Sales clerks Bookkeeper t Provision for depreciations Land Improvements, Building Furniture, fixturest and equipment Rent Seat Light and power Telephone Insurance and surety bonds; Supplies Selling Janitor .Office. Repairs and maintenance Burglar alarm service Maintenance of parking lot Laundry service Auditing and accounting Sundry Other deductions: Liquor Revenue Bonds expense: Interest Fiscal agentfs service charge Interest on purchase contract Legal services $ 54,684.2 1. 30 9,917e47 2 41 $ ' 57064.93 rr $ 61'.982. 8 11 7. 2 ' 80 .? . 8,861.89 31067% 19795.53 37.318.55 839''-14.2U $12617,9.79 $ 8,490.34 18.59% t Note A Cash overages, less the amount by which liquor and urine tags were over register readingsl have been allocated to liquor and wine sales in amounts proportionate to the retail value of net inventory shortages of liquor and Via_. $ :255.96 3.777.02 64, 032.93 2. 10.0 $19279.08 25.6 % $ 7 .65 $ 29125.14 .0 41 .60 8 . 0 2.7 ' 82 • $151.26 $ 9,920.68 30.42% 19.39% TOTAL OPERATING EXPENSES OPERATING INCOME NET INCOME $ 639791.84 315.624.12 6379, x+15.96 02.• 2 ;.1 $ 610848.46 260.455.55 362'3 X84 2 $ 76; 347.50 0 700984 , ' . 21.19% $ 59352.40 1121+4.06 151.20 1'8057MU 185 $. 1,476.00 675.79 2'213.64 ..o. 224.59 539.92 146.75 732.76 400.66. 40 X40 114.23 90.00 178.07 138.35 670.00 $ 29306.,25., 24.66 757.32 -o- $ 489351.18 $ 4,294.56 lk012 oW �!-2 0. 8 189696. $ -0 984.00% 573.61 19 557.61 19987.25 210.29 461.99 1806.87 3 261.05 8.03, 728.67 905.27. 890:00 120 6 0.3? .0 1 U-429652 9 $ 2,981.25 26.35. 757.36 -. $ 389662443 1.49% 3.609 .2 . .o .41 -o- .:1655 .16N. .20 .11 .01 .11 .03 .02 • .64% .O1 .21 13.42% 21.39% 3.65 . 71 5.48% -o 30. . ...� o .60 .047 .l .05 .-25 .; .28 .03 .24 .0 .21 12.9 .90% .O1 .23 11.76,E t Y UMO.eR .eee MUMMY- ANALYSIS W CHANGES � I�eeeee �N pYlee CASH ULALNCEO �eeee�erere.iewwe�el VILLAGE OF EDNA Fear ended December 34 195D Balance at January It 1950:: Demand depositsa Current account $319568. ?6 For payment of bonds and interest 899?�000; For payment on property contract �` 10..,22 .04 $50767.80 Gash for deposit t 9,386.01 Working foods ' ` ..,..eIsQM -00 $ 619153.$1 Funds provided: Not income for the Year \ $489.351.18 Charge to income and expense not affecting cash:. Provision for depreciation 22213#6 �}•�82: Funds applied: 'Increase in asset accountsa Xanuary 1 t lie ember 11st Accounts receivable $ 24. Merchandise inventory 63,791. 95,502.77 31710.93 Prepaid expenses 6844.1,7 1.070.10 :. A81,93 $ 649564.66 $ 969685087 $321121,21 Decrease in liability accounts: Due to other Binds $ 331 055 $ 331.55 Salaries and wages 877021 8 2.09 25.3.2 Interest 982.36 57.43 43 *93 Property purchase contract 289400•.00 149204006 I4p`200 -900 Bonds payable 64 000000 459.000.00: '.15000000 Trade accounts payable x,,816 *86 _.,4.A&964407 8.34? $126,407,98 $1041,563.59 211,.844.39 Purchase of fixed assets (including special assessments of $1,248.18 ) $ .1966077 Less carrying value of assets traded -In 51.19, 1.62„x.58 $ 55�,r: 9 * Indicates red figure. V,. -102- Total casti balance at December 319. 1950 $ 5611,129.45 LIQUOR, $$ $161,500-00) $ -o- M AS $160500.00, $298.05 $ 19546.23 36,900.00 VILLAGE OF EDINA. $ 61.85 19476.00. $ 61.85 2946o.00 $ 194844,35 34,44o.00 Year ended December 31; 19% 6 . „ 675.79 Al2 81 8.. 6 e 5.40�2`68� 0.00 458377047 fil a &2 . 92.21Afi4 A s. a e t gNgaagp for Qp reglatlon let, $--6o- Balance B ante Balance Balance Balance f January December January Currdnt December December 1, 1950 Additions Adjustments D�edttct�cas 31 1950 it 1950 Provision Deductions 319 1950 319 1950 Land Land Improvements- building, and equipments Land improvemenIs Building Purniture,.fixtures, and equipment TOTAL LAND 10ROVEMEBTS BMMING9 AND EQUIPME TOTAL *Indicates red figure. -0103- $169798.05 $ -o- $19248.18 569900 too - �. 6s5 6_ 8 la 2o L433468.6 5 6 $60,266.70 -01,660.77 $298.05* $161,500-00) $ -o- $ -o- $160500.00, $298.05 $ 19546.23 36,900.00 $ -o- 984.00;, $ 61.85 19476.00. $ 61.85 2946o.00 $ 194844,35 34,44o.00 110.00-', _ 68931:24 6 . „ 675.79 Al2 81 8.. 6 e 5.40�2`68� 0.00 458377047 fil a &2 . 92.21Afi4 2.81 0.4 1 9 .06 $--6o- $5 0.00- $61,877.47 $19849.58 $29213.64 $12°81 14,050.41 $57,827.o6 0 i CASK - ALL FIINDS • ...ir�r rsrrer VILLAGE OF EDINA December 319 1950 ----------------------------------------------------------------------------------------------- Demand For Working Deposits Deposit Funds Total Funds Generals 'Current 5 25,665.43 6 25,665.43 " Appropriated $. 100.00 100.00 ,Working capitals _ Current 99060.48 9,060.48 Poors Current 249.40* 249.40* Parks Current 1951+5,76* 1954546* Special assessmentss Current 489582.08 489582.08 Improvements: . Current 21,842.22 21042.22 Debt services. Current 519353.45 519353.45 Waterworks: 'Current 209400.95 25.00 209,425.95 Appropriated 49367.50 4067.50 Qarbages Current 356.75* 356.75* Sewer rentals Current Liquor dispensorys Current Appropriated It 9,678.16 9,678.16 269547.35 $109017.99 .1,000.00 37,565.34 18 56, 4.11 l8 j J6 oil TOTAL $233,909.82 $10,017.99 $19125.00 $2459052.81 » Depository: First Edina State Bank Midland National Bank of Minneapolis TOTAL $185,516.19 1+89193s63, _._ . $233,909.82 -104- IL S MITI DEPOSITS VILLAGE OF EDINA December 319 1950 Demand Sgcnrl&lr fgX D2pgjjts Deposits Amount Description First Edina State Bank 81859516.19 $1009000.00 United States Treasury bonds., 2 1/2 %, due Larch 15, 1958 150p000.00 united States Treasury bonds, 2 due December 15., 1951+ 759000.00 United States Treasury bonds, 2 1/2 %9 due March 15p 1958. 10•©, Federal Deposit Insurance Corporation . TOTAL 8185, 516.19 $335,000.00 s_ Midland National Bank of Minneapolis "093.63 8- 75,000.0-_ Federal Farm Loan bonds,. 2 1/4 %, due February 1, 1955 20.000..00 Federal Deposit Insurance Corporation TOTAL 48,3.93.63 6 859.000.00 ......._,._— r..,. _sue -l0 �- 5 ' INVESTMENTS IL VILLAGE OF EDINA December 319 1950 ------------------_----------------------------------------------------------------------------- Interest D3cPiDtion Maturj&X Rate cos United States Treasury Notes July it 1951 1 1/4% 3 000.00. do L August 19 1951 do 10,000.00 do November it 1951 do $36,000:00 Balance Sold Balance' January During December 1., Z 9 31, 1250 Fund ownership: Poor.Fund 6,000:0o $4,000:00 S 2jo00600 Special Assessment Funds: Sewer Districts: Joint No. 1 $119000.00 $11 ;000600 No. 8 21000.00 29000.00 No. 9 59000..00 50000.00 .duo. 13 2 90OO .00 29000.00 • No. 15 . 0.� ��Rs� 23,000.00 -0- � 239000.00 Dater Main No. i 5.000.00 - - 000 0 TOTAL SPECIAL ASSESSMENT M0,000.00 .o- .. $289000.00 Sewer Rental Fund -6,200,0Q -o- .._6„1000, ,00 TOTAL $40.9000.00 049000.00 636,000.00 -106- INTERFtTND TRANQGTIONS AND BALANCES VILLAGE OF EDINA- Year ended December 319 1950 a ^'r' $`7CZC��'. l e.► L'."" �' �i�.' L. �. r. 4' 7r'.^ �L "r`.L"�L^.^.�.`..a^..�S' ^L�:`I. .^.."T.�.".`C3SS�� '""'. L'.` L" 33: TS' L' �L'.^.` ��Si: r�... �S�LS2....".' S? .o��....`�"...sr.L^'�C»'�.:.. ^� �wSL' S�...'.+. �^! �". CCr ^.a�`..�...,�...^��,.r�'�L'�^': ��`.�r..M.`�'r`."..�gL'�� AC90UNTS RECEIVABLE GEOM FUND Balance January 13 1950 Additions Loan Transfer of surplus Clerical services Administrative and engineering services Street opening fees Cash collections during year Balance December. 319 1950 WORKING CAPITAL Balance January 1, 1950 Additionss Equipment rental - current year Cash collections during year Balance December 319 1950 Total Sewer Water Improvement „195,0 rovements Debt Sewer Liquor General Park Districts Mains Revolving First Second Service Waterworks Garbage Rental Dispensary $141456.26 $$7,500.00 $29461.16 t 4,461.60 479880.00 47,880.00 61261.61 6,261.61 2,400.00 17014.69 179914.69 1 2 56 o0 $909168.76 7, 00.00 22,77 8709256o29 1 10-0 Do 6L -61 i8 $640884.91 $69000.00 $20461,16 $55,167.75 $400925.13 539009.43 0 100.00 r r 40 100,00 0. 662, 200000 62&9-16992 601501.22 200.00 3$ 19563.61 $ 19563.61 t -o- PARS FUND Balance January 19 1950 58,95 $ 58.95 Additions Grant - skating program lgOOO,003 1,0 .9 6, 1,0 Cash collections " during year 58.95 r, 5.,.8.95 Balance December 31, 1950 L11119R DISTRICTS Balance January 19 1950 -Additions: Connection charges Sewer District No. 1 Cash collections during year Balance December 319 1950 19000.00 6 19000000 $ $ 36.49 8. 1n.• 38. 4 4 4 9:� 7.2 $59346.14 36.49 -o- Mo- $ 89103.38 629757.24 $59346.14 8 33.50 51,200.00 6 600.00 3$ 600.00 1 l6 Oo 92,45.6.00 6 MOM 6 600. 00 6 33'. TO _ l l g oo_ 22ac) " . 6og.gq _ 600. 2 � 3-1 IQ $19256.00, t -o- t -o- 6 -o. si$000.00 111.70 122900.90 100.00 ,29000.00 21 .70 98000292 21527.0 .0. -0- S 36.49 �+ 36 .0. ITE TRANSACTIOdS AND BALANCES (Cont'd) 't" "'- o+s.���.- .�.�.- �.w.��.rr.�«.2L`_.+w.•+.L.. _ .'. -�.` �"' j" �'. �'i- '^..i.!�""�._�.r...�..� -.�� ...�....w.�.�."`L'..: �`��^.w +�T��.�'.+^ �..�^- +..�.�.�-�... �"°' -�-'- r. -�� c c o u n t s P a 1 t rermanenti Sewer Water Improvement 1950 Improvement r��r . Debt. � ;, Sewer Liquor Total general �r .rrr.e�• Park Districts Mains Revolving First Second Service. Waterworks Garbage Rental Dispensary ACCOUNTS RECEIVABLE (Cont' d) WATER NAIDTS Balance January 1i 1950 S 4o.18 40.18 40'18 Collections during year 40.18 Balance December 314 1950 -o- $ ° °- PERMANENT IMPROVEMENT �• �m L9TNG M Balance January 14 1950 6 59712,62 t 19759.35 8 234. 9 . X34497.40 221.38 Additions, Charges for con- struction 2869 239.29 5, 640.56 $1544097.431126, 541.30 Transfer of surplus $295-425-36' 4 4 9 2 •3 7099.91 4 4 9 23.9 l ,097. 3 U26 , 501 .30 86 ,970• 221,3 , Cash collections during 448o, 6.26 1.850_.12 4_49 ]24.2_ 6.92 3i2Z� ; j 22�,�8 - ---- -� ,18 year _2 _ _, _10_4409 Balance December 319 1950 $6o,619.lo $ 51549-79 -o- $%,00l.48 19594-38639473.45 _o- DERV FUNDS_ Transfers for bonds and interest $47,880.00 $479880,00 Cash collections during year 8i o•Q0 47 880.00 .4408 ! Balance December 314 1950 $ -o- WATERWORKS FUND Balance January 19- 1950 $ 50.81 t 34.60 16.21 Additions: • Supplies purchased for $ 63.50 63.50 other funds Current charge - water Advance charge - water 127.00 300.00 0 0 50.00 $. .50.00 200.00 200.0 . 11 - 663• © 79.71 0.00 Cash collections during year 550.81 ._. 84,60 �� 22 -o- .,. �.,6s�l � .Balance December 319 1950 1 127.00 $ -o- $ -o- $ 63.50 1 63.50 GARBAGE Balance January 1, 1950 i Credit posted in error $ ,00 4` 7. - _ _ 440 $7 4.40 � 3.00 t3 0 Collections during year _ 3,00 - --3*00 Balance December 319 1950- $ 4.40 S 40 r°___, - EWER REUM EM Balance January 1, 1950 $ 11.26 $ 11.26 Cash collections during year 11.26 11.26 Balance December 31, 19500;_,_, TO BALANCE DECEMEB 31,19501..x,1 02.40 s l�4a 6,00000 2 ,�- S55 *167 -� ?? .. -- � � ,4 t26o.40 _ 63-50 0= TAXABLE VALUATIOff§ l TAX'L EYIEa s A.D_ TES VILLAGE OF EDINA December 31, 19500 and 1949 r r 1950 1949 - -- +' S�r���'�.�..r:�.�...'�'..'+"'MC :.rte.. ""..�.� `•. �.�:.C�'�.M.:S °'.....� � Taxable valuations Real estate $5,614, 56.00 65,068,804.00 Personal property �6 8 14.40 + 0 96l 2�2, 770-0 M,612,5190 00 Tax levies extended: Extended in year 1950 1949 a ., Collectible in year 1951 1950 General $ 180,416.05 S 179,600.61 Parks 12,48.54 11,225.04 Firemen's relief 62 .28 561.25 Poor 4 1999765.64 1111,386.00 Tax rate by mills: General 28.9 32.0 Parks 2.0 2.0 Firemen's relief .l .1 Poor aw 32.0 �. 34.1- c -109- _ _ - ORGANIZAT ON VILLAGE OF EDINA Year ended December 31, 1950 C It -110- Elected, Term Reelected Expires or December Reappointed to 31 December 31 .Village councils Mayors Dr. Reuben F. Erickson 1951 Clerks Bower Hawthorne 1950 1952 Trusteess Richard A. Palen 1950 Fred 3. Child 1951 Joseph A. Danens. 1952 Arthur C. Bredesen, Jr. 1953 Treasurers John J. Duggan 1951 Assessors • Alex Creighton 1950 1952 Municipal courts Philip Nevillet Judge 1952 • Austin D. Norton' Special Judge 1952 ]Engineers Executive Officer and Manager: P. Theodore Olsson 1950 1951 Deputy clerks Gretchen 3. Alden 1950 1951 Deputy treasurers Bernice M. Johnson 1950 1951 C It -110- ! OFFI, M BONDS VILLAGE OF EDINA December 319 1950 Term Bond Position Name Expires Expires Amount S u r e t y On file with Deputy Village Clerks Treasurer J. J. Duggan December 319 1951 January 19 1950 6 79500.00 .Rational Surety Corporation Blanket Position Liquor.Dispensary January 289 1952 109000.00 Indemnity Insurance Company Employees ' of North America On file with County Auditors Assessor �_ Alex Creighton December 319 1950 December 319 1950 S 500.00 Travelers Indemnity Company Deputy Assessor Winifred D. Creighton December 319 1950 December. 319 1950 500.00 do do Viola Doty do do '500.00 do do Dorothy Fischer do do 500.00 do do. A. C. Stringer do do 500.00 do do Mrs. Louella Swan do do 500.00 do. do ,Francis M. Kidd do do, 500.00 do do Edwin Y. Daniels do do 500.00 do do Phyllis Broom do do 500.00 do Hold by Village Clerks Clerk Bower Hawthorne December 319 1950 January 19 1951 500.04 Travelers Insurance Company 6 i f Fines and costs Imposed and collected: Balance uncollected January 10 1950 Fines and costs imposed. CIPAL COURT FINES VILLAGE OF EDINA Year ended December 319 1950 aim CCM r $ 1-4.7-06j 40.00 $ ' 24 • e State to $ o -oo $ 40.04 2, 115,045.25 900 CO Collections by Clerk of Court .14.648.25 2�,. 920,9 90 99 1 ' S j �+ 2 Balance uncollected December 312;9 1950 6 '98000 8 0 98-00 Fines due to county and state from general funds Balance January, 19 1950 Collections by general fund Payments to state by general.fund Balance December 310 1950 Collections by Clerk of Court not transmitted to general funds Balance January 19 1950 Collections by Clerk of Court Transmitted to . general fund Co Goo $ . ®0 $ �.50 2 0 22000 332 a 00 !W :t6 6 96.50 360. R $284.00 $ 6.50 $ 290154 -o- 149987.25 14.965.25 Balance December 319 1950 (paid in Tanuaryt 1951) $ 22.00 -112-- u Buildings and contents: Village hull Water tower Pump house R©. 1 Pump house Nos 2 Shed - 5233 Halifax Avenge Pump house N06 4 Village tool house - 5150 Brookside Municipal liquor store Automotive: Highways: 1940 International dump truck 1941 Roo dump truck 1944 GMC dump truck lt7 Diamond T dump truck 1946 Ford pick -up 1946 Ford pick -up 1947 Ford pick -up 1940 Diesal road patrol 191+-6 Diesal road patrol 1945 M M tractor with lull loader 1947 M M tractor with lull loader 1946 Jarl power scythe 1942 Toro power mower 1948 AW street sweeper 1950 International truck with Roscoe.oil distributor Police departments 1948 Chevrolet tudor 1950 Chevrolet tudor Fire departments .1942 International fire truck 194.6 American- LaFrance fire truck 1948 Willis jeep truck Lngineerings 1942 Ford tudor 1950 Chevrolet tudor Village liquor stores Comprehensive glass breakage Burglary, robbery, and theft Business interruption Public liability -113- Fire, Theft, ® „Public Liabilitz Firee and, - Mended QyeraS2 and Bodily Property Buildings Contents Windstorm Injury Damage Other S.4,800.00(A) 209000.00(B) 500.00(A) 19 500,00 (A) .30250.00(A) 39700.00(A) 200000.00(A) 301000.00(4) 11000.00 (A) 20000.00(A) 59000.00(A), 3,000.00 (A) ;000.00(A) 59000.00(A) 1049000.00(c) S 19500.00 11200.00 2000#00 3, 500 400 1,000.00 1,000.00 1 ;173.00 20000.00 7,000,00 2,250.00 2,800.00 150.00 100.00 59100.00 7 ;400.00 4,000.00 10,000.00 3,63o,.00 $ 25/ 50;000,00 25/ 5019000.00 251 50,000600 25/ 50,000.400 251 50000:00 251 50 0000.00 25/ 50900000 100/2009000.00 100 /200!9000.00 100/200!9000.00 100/2009000.00 100 /2009000.00 100/2000000.00 100/2009000.00 100/2009000.00 251 50,000.00 25/ 50,0004.00 25/ 500000.00 25/ . 509000.00 25/. 50 :000.00 25/ 509000.00 25/ 509000.00 100/200;9000.00 6 5,000.00 5,000.00 5 ;000.00 5 ;000:00 5#000:00 5�;voo aO.O 5;000.00 5/259000.00 5 /25,0004OO 5125 9000000 5/259000.00 5/259000.00 5/259000.00 5/259000.00 5/259000.00 59000-00 9 1000,000) 59000.00 19500.00(D) 5 ;000.00 5,000.00 5,000.00 5,000.00 900.00 (D) 59000.00 19200.00(D) Actual 5,000.00 502000.00(A) Rote A - 80% coinsurance. B - 100% coinsurance C - 90% coinsurance D - Comprehensive.coverage Fire Thef . t I Public Liab, ilitz Fired Extended QvgZaaa and Bodily Property Buildings Contents Windstorm Injury Damage Other Other.insurances Fire only for snow fence 4000.00(B)' Non-ownership - automobile liability.. 8 25/ 509000.00 6 51000.00 Hired car - automobile liability .09000*00 925/ 5 50000.00 Waterworks and sever cleaning operations 100/200,000.00 5/255,000.00 Edina Volunteer Fire Department group accident policy - maximum each fireman 39000-00 Workmen's compensation Statutory Rote A - 80% coinsurance. B - 100% coinsurance C - 90% coinsurance D - Comprehensive.coverage