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1952 Report of Examination
a 0 -- 00000 -- REPORT OF EXAMINATION 'AND SUPPLENENTARY DATA VILLAGE OF EDINA, MINNESOTA December 31, 1952. oo06o -- 1 a 0 -- 00000 -- REPORT OF EXAMINATION 'AND SUPPLENENTARY DATA VILLAGE OF EDINA, MINNESOTA December 31, 1952. oo06o -- INDEX ACCOUNTANTS1 REPORT ........ ..........................PAGE 3 COMMENTS...................... .............o.......... 4 COMBINEDBALANCE SHEET.,- ......... o.o ............ oeoe 00 19 ANALYSIS OF CHANGES IN CASH BALANCES ................ 57 GENERAL FUND: BALANCESHEET.. o'o..... ............. . .... . 21 .....V...... STATEMENT OF SURPLUS — UNAPPROPRIATED ............... 22 ANALYSIS OF CHANGES IN CASH BALANCE................. 24 COMPARATIVERECEIPTS 25 . ............................... COMPARATIVEDISBURSEMENTS ........................... 27 MUNICIPAL COURT FINES — COUNTY AND STATE CASES,..,.. 32 FIXED ASSE TS . . . . . . . . . . . . 33 . . . . . . . . . . . . . . . . . .,... . . . . . . . . . ANALYSIS OF ADDITIONS TO FIXED ASSETS., ............. 34 WORKING CAPITAL FUND.: BALANCESHEET .......: ............................... 35 COMPARATIVE STATEMENTS OF INCOME AND EXPENSE ........ 36 ANALYSIS OF CHANGES IN CASH BALANCE,...........,..... 37 POOR FUND: BALANCESHEET. e ...... ............................... 38 STATEMENT OF SURPLUS — UNAPPROPRIATED ............... 9 ANALYSIS OF CHANGES IN CASH BALANCE ................. 40 :,. PARK FUND: BALANCE. SHEET ........ ............................... 41 STATEMENT OF SURPLUS — UNAPPROPRIATED........ ... 0.0. 42 ANALYSIS OF CHANGES IN CASH BALANCE ................. LF COMPARATIVEDISBURSEMENTS ........................... 4 FIXED ASSETS.. 45 SPECIAL ASSESSMENT FUNDS: COMBINEDBALANCE SHEET .............................. 46 BALANCE SHEET — SEWER DISTRICT FUND ................. BALANCE SHEET — WATER MAIN FUNDS. 48 STATEMENT OF SURPLUS . ............ 50 SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS.......... SPECIAL ASSESSMENTS RECEIVABLE: CURRENTAND DELINQUENT ............................ 51 DEFERRED........... ....a.......................... 52 BONDS PAYABLE AND BOND INTEREST.. .................... 53 AMOUNT PAYABLE TO CITY OF MINNEAPOLIS — SEWAGEDISPOSAL PLANT ..... .......................... 54 IMPROVEMENT FUNDS:- COMBINEDBALANCE, SHEET ..........:.....:o............ STATEMENTOF SURPLUS . ............................... 55 56 ANALYSIS OF CHANGES IN CASH BALANCES ................ 57 SPECIAL - ASSESSMENTS RECEIVABLE: CURRENTAND DELINQUENT :........................... DEFERRED, . . . . . E:. . . . . . ,. . . . . 9,* Y . . . . . . . . . . G CONSTRUCTION IN PROGRESS: 59 60 CURRENT............ ............................... DEFERRED..................... C............ ... ..... RESERVE FOR CO. NTINGENCIES .:o ........:................ CONTRACTSPAYABLE., .. ............................... BONDSPAYABLE.... .... ............................... 65 72 75 78. 80 r INDEX (Cont'd) DEBT SERVICE FUND: BALANCESHEET........ ... ...........................PAGE 81 SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS......... 82 PERMANENT IMPROVEMENT REVOLVING FUND, SINKING FUNDS BOND AND INTEREST MATURITIES DEFERRED TAX LEVIES, AND ALLOWANCE FOR UNCOHECTIBLE TAXES. 83 WATERWORKS FUND: BALANCESHEET.. ...... ............................... 84 STATEMENT OF SURPLUS . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . 0 86 COMPARATIVE STATEMENTS OF INCOME AND EXPNSE;...... 7 FIXED ASSETS ........... 0-00000000000000000 . 00000000006 89 GARBAGE'FUND: BALANCESHEET... o ........................ o ......... . 90 STATEMENTOF SURPLUSo .............. o............... 91 COMPARATIVE STATEMENTS OF INCOME AND EXPENSE.. 92 ANALYSIS OF CHANGES IN CASH BALANCE., 93 ANALYSISOF RECEIVABLES ............................ SEWER RENTAL FUND: BALANCESHEET ....... ...........o...............0... 95 STATEMENTOF SURPLUS ...... o ........................ 96 COMPARATIVE STATEMENTS OF INCOME AND EXPENSE....... ANALYSIS OF CHANGES IN CASH BALANCE... 000000 *000000 98 ANALYSISOF RECEIVABLES ..... ......e...0..... ... .... 99 LIQUOR DISPENSARY FUND: BALANCESHEET.... ... ..y ............................ 100 STATEMENTOF SURPLUS .................0............. 101 COMPARATIVE STATEMENTS OF INCOME AND EXPENSE ..... o. 102 FIXEDASSETS ...o.o.o.00.vo.e..0.0..a. 103 .....;' o ....... GENERAL SCHEDULES: CASH— ALL FUNDS ............... o ...... 0000.0000000. 104 SECURITYFOR DEPOSITS, ........ oo...o ..... o..000.o.o 105 INVESTMENTS., STMENTS 0 0 0.. 0 0 0 0. o. 0 0 0 0 0 0. o.. 0 0 0 0 0. o .. 0 0 0 o .. 0 0 0 106 TAXABLE VALUATIONS$ TAX LEVIES, AND RATESoo...00.o. 107 ORGANIZATION.......... ........00......o...000.- ...00. 108 OFFICIALBONDS o o o .. o o o o o o 109 o 0 0 . . . o 0 0 0 0 0 0 0 0 o ... o.. .. 0 0 MUNICIPALCOURT FINES, ........... o.... 110 ....... o .... o INSUR. ANCE.. 111 oo ....... ...............o.o...000...000. ,L�- r� AKRON ATLANTA E R N S T& ERNS T BALTIMORE BIRMINGHAM BOSTON ' BUFFALO CHICAGO ACCOUNTANTS AND AUDITORS CINCINNATI CLEVELAND COLUMBUS DALLAS SYSTEM SERVICE DAYTON DENVER DETROIT ERIE FORT WORTH GRAND RAPIDS ' MINNEAPOLIS ' HOUSTON INDIANAPOLIS KALAMAZOO KANSAS CITY FIRST NATL -SOO LINE BLDG. LOS ANGELES LOUISVILLE DELIVERY ZONE 2 MEMPHIS MIAMI MILWAUKEE MINNEAPOLIS June 69 1953 To the Village Council Village of Edina, Minnesota NEW ORLEANS NEW YORK PHILADELPHIA PITTSBURGH PORTLAND, ME. PROVIDENCE READING RICHMOND ROCHESTER ST, LOUIS ST. PAUL SAN ANTONIO SAN FRANCISCO SEATTLE TOLEDO WASHINGTON WINSTON-SALEM YOUNGSTOWN TORONTO, CANADA CORRESPONDENTAT LONDON CABLE ADDRESS ' ERNSTAUDIT" N. Y. We have examined the :balanc -e sheets of the various funds of the. - .VILLAGE OF EDINA, MINNESOTA, as of December 31, 1952, and the related statements of cash receipts and disbursements or income and expense and surplus for the year then ended. Our examination was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion ,,, the accompanying balance sheets and state- ments of cash receipts and disbursements, income and expense and surplus present fairly the financial position of the VILLAGE OF EDIMA at December 31, 1952,-and-its various special funds and the results of their operations for the year then ended, in conformity with generally accepted'accoun.ting 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 water mark. ®3_ COMMENTS The following comments relate to the scope of our examination and to the accompanying financial statements: SCOPE OF EXAMINATION The general fund imprest cash, cash working funds, municipal liquor store cash for deposit, and municipal court working fund were counted by us as of December 31, 1952. The November, 1952, tax settlement from the County, in- transit at December 31, 1952, was confirmed by direct correspond- ence with the depository. 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 re- corded receipts for the same periods with deposits as shown by bank state- ments. In'.addition to'inspection of claims in connectAon with the analysis and classification 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 and interest received thereon were con- firmed by us by correspondence with the bank holding the securities for safekeeping. Current special�__assessments collectible in1952 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 water, garbage, and sewer rental were compared with subsequent collections and reconciled to the balances of accounts xkipaid at April 30, 1953 We supervised the mailing of water customers' statements (approximately 25 %)as of March 31, 1953, and inserted a request that we-be notified of any differ - ences. All differences reported to us to the date of this report have been satisfactorily explained. Accounts receivable of. the Liquor Dispensary Fund consist of customers' returned checks3laced.wi ' h.:.a_:cbllecti.on° agency for collection and $271.27 is still uncohIected. The amount due from other governmental agencies was traced to records of subsequent collections. The amounts due from other funds were balanced. the amounts payable as shown by other funds. Interfund transfers and .charges were reviewed-' by us. -4- We were present at the time physical inventory was taken at the municipal liquor store to observe procedures followed and to make test counts of quantities. We reviewed the perpetual record of liquor and wine inventories, made tests as to the transactions recorded and reviewed the adjustment of book quantities to inventory counts. We tested the prices used in the valuation of the inventory by reference to purchase invoices and other data. Clerical computations were tested by us. Inventory of water meters w as counted by us during the course of the audit and reconciled to amount shown on books at December 317 1952. We reviewed the transactions in the construction accounts and the related liabilities in contracts payable. The major additions to fixed assets were supported by in- spection of invoices or other data. Computation of the provision for depre- ciation in the Waterworks Fund and Liquor Dispensary Fund were reviewed by us. Provision has been made in the balance sheet for all ascer- tained liabilities of the Village at December 31 1952. Accounts payable were tested by direct correspondence or other data in the Village files. We reviewed the calculation of accrued interest and the appropriation of cash for payment of bonds and interest. Canceled bonds, which had been redeemed during the year, were inspected by us. The amount due to the Minneapolis- Saint Paul Sanitary Sewer District was confirmed with the Minneapolis City Comptroller. We made a general review of the system of internal control and of the operating accounts for the year ended December 31, 1952. Income and receipts, expenses and disbursements were reviewed as to adequacy of classification and conformity with classification for the preceding year. Such other tests and analysis of accounts were made as we considered necessary. Tax settlements received during the year were confirmed with the County Auditor. Copies of licenses and permits issued were compared with recorded collections. Dog license income and tag numbers were accounted for. Fines collected were verified by inspection of the docket of the Municipal Court. Duplicate receipts on parking violations were compared with recorded collections. Amounts as shown by official receipts were compared with recorded 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 petition, hearing, authorization for advertising for bids, bids received, contracts awarded, and hearing on and approval of assessments. W11 'J COMMENTS ON FINANCIAL STATEMENTS GENERAL FUND There is included herein a statement of cash receipts and disbursements for the year 1952. in comparison with a similar statement for the year 1951. As the aforementioned statement includes . both operating and non - operating items` we have reconstructed the statement for the year 1952 (that for the year 1951 was similarly reconstructed in our report for that year) to show the operations on an accrual basis in comparison with the related budgets REVENUES General taxes Forfeited tax sale apportionment Interest and penalties Mortgage registry tax Licenses and permits: Plumbers' licenses Building licenses Plumbing, sewer, and cesspool permits Dog licenses Other licenses and permits Liquor tax apportionment Cigarette tax Clerical for other funds engineering and administrative fees Street and sidewalk Street opening fees Rentals of land and buildings Election filing fees Actual Estimated Actual Over- Under* $1969784.79 $196,544.54 $ 240.25* 150.00 26.98 123.02* 1,000.00 983034 16.66* 41000.00 6,092.76 29092.76 $ 17000.00 6 12090.00 6 90.00 62000.00 87509.90 27509.90 Non - revenue income - Working Capitals Fund surplus transferred to General Fund Fines (excluding county and state cases) Special assessment searches Sale of maps Sundry . •i 3,000.00 300.00 2.760.00 13-7060.00 $,000.00 7,000.00 14,000.00 1,000.00 -0- 320.00 10.00 1,500.00 18,500.00 -o- mo- 5,109.55 17305.25 2.870.23 1U9884.93 8,964.48 9=,256.80 57,078.07 29836.50 p 600.00 3i5.00 10,624.09 339483-00 372.00 58.00, 224.11 2,109.55 1,005.25 110.23 5,824.93 964.48 2,256.80 43,078.07 19836.50 680.00 20.00* 5.00 9,124.09 14,983.00 372.00 58.00 224.11 $265,324.79 $3461424.60 $81,099.81 -6- w EXPENSES General government Pixbiic safety: 'Police Fire . Inspection Public works Sanitation and waste removal Unallocated expenses: Employees' retirement fund Workmen's compensation Audit Other professional services Equipment rental Contingency Contribution to Park Fund Sundry True trimming Health department Dog catcher Civilian defense Capital outlay: Highways Fire department Police department Additions to Village Hall Furniture and fixtures Engineering department Elections Land Special assessments on village property Miscellaneous TOTAL Summary: Excess of actual expenses over estimated Less.excess of actual revenue over e stimated Actual Estimated Actual- Over- Under* $ 46,573975 $ 60,595.20 $ 14,021.45 $ 36,753°95 3,350.00 7. 00 LS 00 471403 .9 102,200.00 3,550.00 $ 3,000.00 1,800.00 3,300.00 - 0- 28,000.00 3,000.00 -0- 39,100.00 3,000.00 385. oo, -0- 250.00 $ 159000.00 1,500.00 1,000.00 2 500.00 200.00 500.00 -o- $ 38,24x46 5,71 .92 7. A6 :41 164;436058 2,617.05 $ 1,874.30 29950.00 825.00 32,236.75 446.79 3 , 99.0 2,300.81 368.16 1,167.89 85.59 21,331075 1,021.45 4,091.06 1.20 1,505.63 906.12 700.37 27, 57716 $ 1,491.51 2,364 6:41 62;236.58 932.95* $ 3,000.00* 74.30 350.00* 825.00 4,036.27 4 2,7 6.2 * 448.79 6600* 699,19* 16.84* 1,167.89. 164.41* $ 61331.75 478.55* 3,091.06 2,498.80* 1,005.63 706.12 200.37 27,577.16 17662.09 29168.62 506.53 -0- 22 2 09 . 36448!V.22 $265,324.79 $381,214.46 $115,889.67 ----------- ----- - - - - -- - ----- - - - - -- ----- - - - - -- ----- - - - - -- ---- - - - - -- DECREASE $115,889.67 $ 342789.86 -7- GEMBAL FUND SURPLUS Balance at December 31, 1951 Deduct expenditures in eXce06 of - revenue for the year Balance at December 31, 1952 $1721028.02. $1379238.16 A number of small amounts owing to the Village are as follows: Name For Amount Gibbish Construction Co. - Village labor and materials 32 r 773 5 Ashworth Construction Co.- do 279.25 Pfeiffer Construction Co.- do 152.00 Bruce Construction Co. do 6. 1 TOTAL $761.71 WORKING CAPITAL Expenses for the year totaled $31791.88 of which $309591.88 was charged to the General Fund. The increase of $3,21�.Ol in expenses over the preceding year is 'shown in the comparative statement of income and expense elsewhere in this report. N The surplus, unchanged since January 1, 1951, was transferred to the General Fund, N Transfer, from General Fund of amount owing Working Capital Fund, would have eliminated the cash overdraft as of year end. POOR FUND Surplus decreased from $59662.53 at January 1, 1952, to $4,955.58 at December 31, 1952. Revenue receipts totaled $69090.879 while disbursements and accruals for expenses aggregated $6,797.82. A tax levy of four- tenths of one mill was levied in 1952 (collectible in 1953) which is expected to realize approximately $4,400.00. Comparative figures for 1952 and 1951 show the changes that have occurred in the method of operation. PARK FUND The change in Park'Fund surplus is summarized as follows: Deficit* January 1, 1952 $ 632.24* » Less excess of revenue receipts over disbursements and accruals: Receipts $15,436.58 Disbursements and accruals 12038l.31 3,o5 .27 Surplus December 319 1952 $21423.03 ®g_ PARK FUND (Cont1d) It appears from action of the Council in cancelling a liability for special assessments for 1951 against Park Fund property that it is the intention of the Council to have the General Fund assume such assessments. Accordingly such costs which have been paid by the General Fund have been transferred to the Park Fund Property accounts. The liability of Joint Sewer District No. 1 to the Minneapolis- Saint Paul Sanitary District was reduced to $31,156.57 by payments of $2,563.56 from surplus funds. It is expected that the remaining balance will likewise be liquidated from surplus funds now existing or from connection charges on* new districts. Surplus of Joint Sewer District No. 1 was increased by connec- tion charges against projects assessed in 1952 as follows:- Sewer District No. 33 35 37 $ 1,194.00 20,694.13 3L a Z1Q, 32 TOTAL $569618.52 Sewer Districts Nos. 4, 59 79 8, and 9 had no indebtedness other than for refunds on canceled assessments and due to other funds at December 31, 1952. We suggest that some study be given to the question of disposition of the surplus remaining in any fund after bonds and other liabilities have been paid. RVV M NIA\ 9 A 1._ The Council authorized the.establishment of a Construction Fund and the loan to it by the General Fund for working purposes of $50,000.00 by resolution on June 30, 1952. It also authorized the transfer to the Construction Fund of proceeds of bonds sold for construction purposes by the Improvement Funds. This resolution was effective as of December 31, 1951, and was reflected in the financial statements as of that date. The accounting for construction costs has-been facilitated by the establishment of the Construction Fund. The cash balance of the Construction Fund and the advances from other funds are analyzed and summarized as follows: IMPROVEMENT FUNDS (Coat °d) FUND PROVIDING ADVANCES Construction Cash Total in Progress Available for Advances Cures Construction Improvement Funds: 1950 First Series 6,241..95 $ 4x124.81 $ 29117°14 • 1950 Second Series 4927987 2,35911 1,920.76 1951 First Series 69334.52 129537885 6 ;203.33* 1951 Second Series 489512034 979826098 49314.64* 1952 First Series 420,000_ -00 3109893 33 109106.67 Total of advances from Improvement Funds $4859368.68 Other Funds: Advance from General Fund 509000.00 509000.00 Due to General Fund $ 81653-59' 81653-59 Due to Permanent Improve- ment Revolving Fund 20.228.84 4x861.12 159367.72 Total due to other funds; 2 , 2e 3 Due from General Fund $ 4x956.37* 41956-37* Due from Permanent-Improve- ment Revolving Fund 51,245'.35* 91245-33* Due from Special Assess- ment Fund 1.503.85* 1 x 503 85* Total due from other funds 0 . * Total net amount due to other funds 138176.88 Total D.ue to Other Funds $5+8x545.56 Unallocated construction costs -��� _ 30.942.�9_1 30x949.91* Total Construction in Progress Current $463x553.11 Cash provided by water me4n and sewer: Connection deposits $ 10x850.02 Accounts payable 553.45 $ 11,403.47 Less accounts receivable 151527.23 99876.24 Contracts payable which have been assessed or transferred to construction in progress current: Contracts payable $1139868.74 Less construction in progress deferred 112,662.04 11206.70 Cash balance December, 31, 1952 $ 96x075-39 *Indicates red figure. _10- IMPROVEMENT FUNDS (Coot °d) Analysis-of the unencumbered cash provided by the 1950 1951, and 1952'improvement bonds which remains for construction is presented in the following schedules: r 1952 Improvement 1950 Improvement Funds 1951 Improve meet Funds Funds First Second First Seco rid rs t Total Series &rie g Series Series ._ Series Balance of advances December 31, 1951. $ 612.,398.59 $6,241.95 $45,861.05 $60,295.59 $5002000.00 Additions: Proceeds from sale of bonds 4208000.00 - 8420.000-00 ,032,39 .j9 66t241.95 1459861.07 0.29 . 9 00,000.00 20,000.00 Deductions: Cost of current projects assessed in 1952 5470029.91 418581.18 538961.07 451 3487 66 Balance of advances December 31, 1952 $ 4852368.68 $6,241.95 $ 4;279.87 6 6034.52 $ 48,512.34 $420,000.00 Less construction in progress m current 427.742.08 48124.81 20359.11 12.537. 8?� 26.98 110889 Cash available �9 for Construction $ 579626.60. $2,117.14 $ 19920.76 $ 6,203.33* $ 49,314.64* $109,106.67 Less construction in progress deferred - 86,49Q 2 p �6 �. �6 6.022.97 78 04.66 Overage or (deficit) in funds provided ($ 28,864.39 *)$2,117.14($- 442.60*)($.6,203.33 *). ($ 559337.61 *) $ 31,002.01 *. Indicates red figure.. The reason for the cash deficits indicated in the foregoing summary is that the actual construction costs on various projects exceeded the funds provided on the basis of estimated costs. It would appear that in some'cases substantial errors have occurred in estimated costs. i ®11® 0. IMPROVEMENT FUNDS (Coot °d) A comparison of payments with contract costs indicates three overpayments to contractor's during the year and balance from the preceding year as follows Western Underground Construction Company (Water main No. 34) $1090.08. J. A. Danens & Son, Inc. (Street improvement No. Cm35) 81.06 Earl. Servell (1951) (paid in 193) On Construction Fund books $19527.23 Jay W. Craig Company (Street improvo® ment No. 55) on books of Permanent Improvement Revolving Fund 71.15 Western Underground Construction Company -.1951 - First series 4.76 Gene Scrieker m 1950 ® Second series 10.00 TOTAL $1,613014 Construction in progress deferred and contracts payable are summarized as follows: For construction not assessed: 1950 Second Series Improvement Fund 1951 Second Series Improvement Fund 1952 First Series Improvement Fund Not allocated For construction which has been assessed: Permanent Improvement Revolving Fund 1950 First Series Improvement Fund .1950 Second Series Improvement Fund 1951 First Series Improvement Fund DEBT SERVICE FUNDS Construction in Progress Contracts Deferred. Payable $ 21363.3&$ 2,363.36 69022.97 67022.97 78,104.66 78,104.66 26 1 .0 26 1.0 112,662.0 $112T662.04 $ ,320.00 437.00 150.00 2 Qq e 0 y 1 2® e TOTAL $1.12,662.04 $113,868.74 The amount due from Permanent Improvement Revolving Fund in the amount of $67.88 represents bank service charges for 1952. -12- WATERWORKS FUND The operations of the fund are shown in detail in a separate schedule and are summarized as follows: Per Cent to Increase Gross I.n.com 1 2 1. Decrease* 1 2 Gross income $59.25 $1+3T797. 88 $15, 3Z-q7.7 1 1® eon Expense .s: Pumping $141855.41 $149169.12 $ 686.29 25.0% 32.2% Distribution .149090054 .1o9882e74 31207.8.0 23.7 24.7 Administrative and general 6.851.21 6 1 1.82 652m19 11 4 .799.1 1 2 e e 0. O 1e iYA .OPERATING INCOME 238 so9 1287 ego log loo 9 39e7� -29.10. Other deductions 4a08� 8016 4.106041 2 8e2 * 6e9 9e8 NET INCOME $198476.93 6 88447.79 $118029.14 32.8% 19.2% Detailed comparisi.ons of the income and expense for the years 1952 and 1951 are given elsewhere in this report. The principal reason fox the increase in net profit was an increase in water sales and rates reduced by a proportionate increase in operating expenses. For the year 1952 action was taken b' the Council to provide a charge to the General Fund for fire protection services by a levy for hydrant rentals. In March, 1953 revenue bonds were issued in the amount of $809000 as a portion of the cost of a new water tower. Additional costs of approximately $32,000 including main. connections and land were financed by available funds and general fund. advances. GARBAGE FUND The following schedule compares the operations of the fund for the years 1952 and 1951: Operating income Expenses: Collection service Administrative and general NET INCOME Per Cent Increase to Income 12L2 l l Decrease's 1 2 1 7 $23,702.55 $21.9f9_2 .42 $ 1 3 100�O% 100.0% $218380055 6189925.00 $ 21455.55 900210 8604% 928.5 50. 2 22ql!v 4 22 0 e0 1 e 2 2 e1 .0 0e $ 18393047 $ 29016670 $ 623.23* 5e9% 9e3% —13® GARBAGE FUND (Cont'd) Rates were increased from $9000 per year to $9.30 per year for 1952. The average number of customers increased 164. The factors contributing to the increase in operating income are summarized as follows: Increaso. resulting from increased customers $1,479.00 Increase resulting from increased rates 368.47 7 7 Less decrease in forfeited discounts TOTAL INCREASE IN GROSS INCOME $1,810013 On July 1, 1952, monthly payments made to the garbage col- .lector were increased from 70¢ to 75¢ per customer. The increase in garbage collection cost may be summarized as follows: Increase in number of customers served $1,380.40 Increase in rate 1,025015 TOTAL INCREASE IN COLLECTION EXPENSE $2,455.55 Discontinuance of service recorded on the Village books is frequently not recorded on the collector's claim until a month or two later. During the year 1952, Village adjusted collector's claim for these dis- crepancies, A means by which collector would make-pick-ups (adjusted for stops and starts) only as per Village instruction., along with Village preparing claim for payment and then have collector approve claim, would prove more satisfactory than method now employed. SEWER RENTAL FUND The for the year, .shown in a separate schedule, are summarized as follows: Per Cent Increase to Bil,l,inRs 1 2 1251 Decrease* 1_2L2 1 Billings $14,2.90 612,U12o40 $ 212 0 1.00.0% 100a0� Expenses: Operating $12,024.34 $1o,122e65 6 1,901069 8403% 84031 Administrative and general 907.20 08 26,65* 604 7.8 12 A G Z5.04 O. a, 92.1 0 OPERATING INCOME 8 18327.3 9 a90 1 371.46 903 7- o Other income 104.37 75000 2907 NET INCOME $ 19431.73 $ 1,030°90 $ 400083' 10o0f 8.5% -14- LIQUOR DISPENSARY FUND The detailed comparative statement of income.and expense for the calendar years 1952 and 1951 is shown in a'separate schedule and is summarized as follows: Sale s Cost of goods sold GROSS PROFIT Operating expenses OPERATING INCOME. Other deductions NET INCOME 1 2 $4 6 , 73-0.3 44066.07 5102006.96 8 6 741233.20 ®0. $41j'1 1 '6-32.63 '121.561.26 22871.36 6 ,1950 1 1.091.85 .Increase Decrease* $122+07 0 io. 504.81 $10,735059 698.20 10, 037-39 18091.85* 74,233°20 63,103.96 $11,129.24 The factors contributing to the increase in net income can be summarized as follows: Increase in gross profit ® attributable to: Increase in sales volume $ 913 5062 Increase in gross profit percentage 1 $102735-59 Less increase in operating expenses: Salaries $1,267.78 Light and power 68031 Telephone 18.90 Burglar alarm device 2.00 Laundry service 1.20 Sundry 6.20 T19364-39 Less decreases: Heat Insurance and surety bonds Supplies Repairs and maintenance Maintenance of parking lot Auditing Decrease in other deductions 23.01 24.73 101.05 79.20 143.20 . 00 666° 1.9 698.20 10,03739 1,091.85 INCREASE IN NET INCOME $11,129.24 A compari.sion of total cash balances shows au increase during the year as follows: . December 31, 1952 $11796332.27 January 11 1952 45.888.07 INCREASE $ 719744.20 -i5e The factors accounting for such increase are as follows: CASH FUNDS PROVIDED Net income $749233.20 Provision for depreciation 29231°20 Increase in accounts payable 29391°40 Increase in sundry liability 17000 Decrease in prepaid expenses 11802 7 ,991001 CASH FUNDS DISPOSED OF Increase in merchandise inventory $69947014 Increase in accounts receivable 160038 Decrease in salaries and wages payable 1,39029 24 081 NET INCREASE IN CASH $71'744,20 Shortages and overages as reflected by cash over register readings, liquor and wine tags over register readings, and retail value of net inventory shortages is compared with the preceding gears as follows., 12L2 1 1 1 0 Shortages: Retail value of inventory shortages $765.32 $470.07 $757089 Overages: Cash overages, less tag.overages 182°4 2 EXCESS OF SHORTAGES OVER OVERAGES $396°35 $287°64 $518052 Perpetual inventory records were not maintained in a proper manner, hence an accurate summary of the item differences was not practic- able. Physical inventory, which is taken quarterly, should be compared to perpetual records and differences Investigated at that times Such dif- ferences should be valued at both cost.and retail for the purpose of closer control and should be shown in the periodic and annual reports. We suggest also that the office should prepare operating statements at least quarterly at the time of physical inventories. ®16® GENERAL The Village does not have adequate facilities for protecting records and documents against fireo Storage facilities in a locked. vault are limited, and certain records are not placed in locked storage over- night. Consideration should be given to plae'ing clerk's register and Liquor Dispensary Fund books in such locked storage and to a. safe deposit box for deeds and other valuable documents. Presumably this condition will be corrected. Payment of fines accruing to Hennepin County and the State of Minnesota have not been made in full to the respective agencies. It was noted that in numerous instances inter-fund balances were allowed to accumulate, particularly where the items were fixed and known_, instead of having checks drawn to clear such items and thereby eliminate inter-fund balances. Failure to make appropriate inter -fund transfers promptly has resulted in material distortions in some of the receipts and disbursements statements. The official bond required on the Village clerk terminated upon resignation of the clerk on October 14, 1952, and no bond was provided for the new Village clerk appointed for the period October 14, 1952, to December 31, 1952. Also, there has been no official bond provided for the clerk elected for the period beginning January 1, 1953° We were informed, at the time of audit that the Village is in the process of obtaining a blanket bond on all Tillage employees. Supplementary examination was made of the Clerk of Court records to April 11, 1953, date of clerk's resignation, and no exceptions were noted. We noted that the Village has not been obtaining bids for miscellaneous work by heavy equipment. While there may be occasions where such equipment may be required under emergency conditions, it seems to us that such work should be covered by blanket bids let early to cover work for the entire year. We believe that such bids would be re Ulred, by the Village laws requiring bids on items costing in excess of $00000. In this connection, claims for the use of heavy equipment not connect6d with contracts under bid were received as follows° 2- Jo A. Danens & Sons ' Inc. $3!O3 1 050 E. C. Pfeiffer 111+27.50 Delaney -Bros, Glen Johnson 400000 Terry Bros., Inc. 10000 -17- Included in the amounts to J. A. Danens & Sons, Inc. is an item of $485.00 February 25, 1952 for removal of trees and stumps on West 60th between Beard Avenue and Drew Avenue. An item of similar descrip- tion bearing date of November 26, 1951 for $495.00 was noted. Both were approved by Mrs Olson, then Village engineers If the two amounts which aggregated $980000 constituted one item they should have been let under formal bid. We noted no other instances where the individual items exceeded $500.00. ®18® VILLAGE OF EDINA December 31., 1952 Working Assets Total General Capital Poor Park ______________- Cash o Current funds $ 2 6 ,512.16 $107, 558.'+5 $19, 006.86*$ 5,171.88 $ 61451-73 Appropriated funds A45. Q45. $ 602, 57� 7 $107,7080 .519,006e 6 *$5,1.71 $ 68 51°73 Investments U* S.a.Government. Securities at cost 24,000.00 Receivables: Taxes and special assessmentso Current $ 2459256.66 , . Delinquent 4. 91+35-80 $ 89668.82 $ 271.81 $ 531+o 59 Defer-red 1, 29, 8 1.08 Customers 19,91.80 761.71 Due from other governmental agencies. 399047, 339°74 59.73 Due from other funds 686J+01.11 245LU 2- 2 50 ,2 * 9Tf 2, 2 .9 621- 331.37T 53+.59 Less allowance for uncollectible taxes 29,2.72 8 2,227,97 .22 73,7 7.13 $219566,34 9.73 —o —... Inventories 90,424.12 Amount to,be pro- vided for Village share of cost of Minneapolis - Saint Paul Sanity Dis- trict,..' sewage dis- posal+. plant Segregated fund for reserve for debt retirement (Cash) Construction in progress Fixed assets Prepaid expenses and deferred charges. TOTAL ASSETS 31,156 57 10,485.00 576,215.15 9529-155.80 2269821.92 .20,667,37 $4,5159625.77 $408,287.50 $ 2,559048 $5,231.61 $27,119.10 l _F Special Debt Sewer Liquor Assessments Improvement Service Waterworks Garbage Rental Dispensary -------------------- ==== =s ------ 61°781.53 $ - 2 041 $ 46 0 012 $ 22'9166068 $3923101,4 $139306087 $1179632027 $ 619781053 $ 2359295X 1 $ ,097012 2 ,787093 $39231.14 $139306.97 $117y632.27 189000000 $ 309544007 -$ 2139984°64 $ 612015 59875°96 �79641e27 $236 00000 89-55 829289081 9359 ,9 19613014 $ 169397.38 697000 67 00 6 8 526 .400 540.64 163 9 310 2 $1,70595 9a 2369967 6 16,938-02 1939 a70 $1839831082 $197059569.8 $224915 $ 16.9938002 $19398 ®70 . 69591010 31,156°57 5769215.15 109485000 6499839-58 93.26 69000000 $ 115080 8.52 161.30 $ 311.27 $ 379-99 $ 311.,,27 $ 38999 $ 839833002 19369'03 539364073 125°55 62080. $2949769092 $295179080040 $2709247050 $7089767018 $49723°10 $219065.89 $255,774.09 —19— VILLAGE OF EDINA December 319 1952 Liabilities, Reserves, Working and STarplus Total General Capital Poor Park 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 Deferred liability to 1952 Improvement Fund Bonds payable Reserve and allowances: For contingencies For debt service For uncollected taxes Surplus.- Invested in fixed assets Contributed Contributed by special assessments Revaluation Appropriated: For imprest cash fund For payment of bonds $ 68694o1.13 33933.25 190 9065 19144004 289079.25 109850.02 1139868074 31915657 169380.66 19830500.00: 519975.38 2119000.00 81.9 000.00 329278.36 6 39000000 79899 06 $29559.48 $ 276.03 19028.70 2999698490 2269821.92 69517041 39900000 4579685.69 369197.26 150.00 150.00 189049096 29617.41 and interest 13106.25 Unappro riated .605 5 1.57 13',7 � 8 16 2.42'�.0'� TOTAL LIABILITIES RESERVES9_AND SaPLUS 549.515,625.77 $4089287,50 $29559.48 $5 231.61 $27,119.10 CONTINGENT LIABILITIES: There are a number of suits and claims against the Village filed by various individuals9,the aggregate of which is approximately $81$000. There is no basis upon which to estimate any probable liability if any, and no provision has been made therefor'in the financial state- ments. In addition a suit has been filed in connecti-on with an accident involving the emergency first aid truck owned and operated by the Village, but the defense of this has been assumed by the Villages insurance carrier. ----------- ---------------- 3a Special Debt Sewer Liquor Assessments Improvement, Service Waterworks Garbage Rental ----Dispensary ---------------- $ 19509-78 S 6489696.09 $ 892025 $ 7.6� $ 17000 1950306.1 19274.28 $19905.00 59511.04 119396.05 104.56 945.09 1,144004 39158'.75 319156,..57 5,511.33 $ 18,247.50 10,85o.02 1139868.74 115,500-00 193339000.00 519975.38 2119000.00 81 7 000.00 . 2529000.00 19161,,67 169380.66 1309000.00 4579685.69 369197.26 93.26 x,369.03 53,064.73 139106.2-5 IIE2 29,675.23 l 4 964.56 '2.. 141178-17 19 $2949769.92 $2,517,o80.4o, $270,247..50 $708,767.18 $4,723.10 $219065.89 $2559774-09 ----------- ---------- ------ ----------- --- ------------ a -20- E GENERAL FUND BALANCE SHEET VILLAGE OF EDINA December 319 1952 .ASSETS Cash: Demand deposits Working funds Receivables: Due from other funds: 1951 Improvement Fund9 Second Series Construction Fund Park Fund Waterworks Fund Liquor Dispensary Fund Permanent Improvement Revolving Fund State of Minnesota - additional 1952 aid for Edina Firemen's Relief Association Sundry reimbursable expenditures Advance to Construction Fund Taxes receivable - delinquent Less allowance for unrealized revenue Fixed assets LIABILITIES Due to other funds: Working Capital Fund Construction Fund Permanent Improvement Revolving Fund Waterworks Fund Special Assessments Fund Seger Rental Fund Accounts payable: Trade Edina Firemen's Relief Association Municipal Court fines due county and state Appropriated surplus: Invested in fixed assets Contributed For imprest cash Surplus - unappropriated $1.07y,558-4.5 //a0, 7 �,708.45 000000 74-5.74 17-00 2e0_ $ 228555,68 339-74 7610 239757013 5ogo moo 89668.82/ 8,, 668 . g2 V -0- 2262821.92 $4o8,1287-50 21,412018` L+;956�) 4 864,„ 72 540.64 i+00 o Orb 10 J 7 32 ,,278036 4,068084 39539072 ✓ 220.50 7 ,, 899 0 06 $2269821,92 //�/ 3 900.00 _ 150.00 2309871092 1 0238a6/ $408287050 -21- GENERAL FUND STATEMENT OF SURPLUS - UNAPPROPRIATED VILLAGE. OF EDINA. Year ended December 319 1952 Balance at -January 1, .1952 Aadltyions a receipts Less non-revenue ,receipts., Collections for Fire Relief Association: Tax settlements Insurance premiums tax Collection on loan to Park Fund Collection on due from other funds accrued at December 319 1951: Special. Assessment Funds $29461.16 Waterworks. Fund 39274.21 Sewer Rental Fund 662.10 Garbage . Fund 662.10 .1950 Second Series Improvement Fund 2.00 Construction .Fund 97.59 Loan to Construction. Fund. repai d Loan from Liquor Fund Collecti.on_of. interest on sec,.axiti.es owned by other funds Contribution for purchase of First Aid Emergency truck Increase in sundry receivables: Balance December 319 1952 6 761.71 Balance December 319 1951 271.11 _ -. -. Less amount purchased from Waterworks Fund Accrual for street opening fees collected by Waterworks Fund $4539622.53 6 708.54 2. 4 1.44 3,1999 19 500.00 79159°16 609000.00 509000.00 504.45 3, x,900.00 26 26 . e3279-358.9+ $ 490.60 Accrual for clerical,. engineering 9 and other costs charged to other funds: Liquor Fund Waterworks Fund Construction Collections by Permanent Improvement Revolving Fund for General Fund. Decrease in accounts payable: Balance December 319 1951 $89024.65 Balance December 319 1952 4s 068.84 Less amount paid by Construction Esi d $1.72, 028.02 498260 8.00 *- 680.00' 17.00 65.74 80653652 8973633 2.00 39955.81 282.20 39673.61 Decrease in fines due to county and state: Balance December 31, 1.951. $ 374.50 Balance December.319 1,952 290.50 84.00 Working Capital Fund. surplus transferred . to General Fund 10 624.0 101 0. (Total carried forward ) $$5237178-99 -.22m GENERAL FUND STATEMENT OF SURPLUS - UNAPPROPRIATED (Cont'd) Deductions - 0 Cash disbursements Less eliminations: Loans to other funds Construction. 1951 Second Series Improvement Fund Payments to other funds: Special Assessment Funds Waterworks Fund Seiner Rental Fund Working Capital Fund Repayment of loan from Liquor Fund Collections remitted to Fire Relief Association. Total brought forward $5239178099 $4969680°04 $609000000. 105237.35 $70,237-35 $ 282,47 2000 75-00 28a940048 291299.95 509000000 3a269o90 1 23807 20 U343 9 672. Equipment rental accrued at December 319 1952 Payments made by other funds for General Funds Construction Fund $ 49674017 Permanent Improvement Revolving,Fund 4y864o72 Waterworks Fund 42,04 Canc e Lation of amourit due from Park Fund- for special assessments paid by General Fund Bad check received for court fine charged' off * Indicates red figure. 32,036027 99580093 448.79 2000 385x940083 Balance December 319 1952 $1375238016 —23— j . a GENERAL FUND ANALYSIS OF . CMNGZrIN CASH BALANCE VILLAGE OF EDINA Year ended December 319 1952 Balance at January 19 1952 $150961796 Receipts 4535622x53 $6049240049 Disbursements 496,680.o4 $1079560.45, Bad check written off 200 Balance December 319 1952 $107558045 -24® GENERAL FUND COMPARATIVE. RECEIPTS VILLAGE OF EDINA Years ended December 31, 1952, and December 31, 1951 ------------------------------------------------------------------------------------------------- Increase 1952 1951 Decrease* November tax settlement of previous year received in current year: Accrued fot books $ -o- $ 679832.49 $67`832049* Tax settlements - March June, and November 1951; March June, and November, 1952: / Real and personal taxes: ✓ General $196,544.54 $1789751.27 $17793.27 Firemen's Relief Association '708°54 -v— 617.68 90086 Forfeited tax sale apportionment 26,98v 112.21 85023* Interest and penalties 983034' 87004 113030 Mortgage registry 69092076 vy 29855.56 39237.20 Gross. earnings tax o- 119.22 11. 022* 72-0'7-1356.16 1 3932 a9 219030°1 Licenses and permits. Plumbing: Licenses $ 19115,00 191555.00 $ 40000* Permits. 29864.55 . 2987+ -55 10000* Building 8,509.90►/ 99302°40 792°50* Sewer 19749000 ✓19382.50 366.50 Cesspool 496.00 402000 94000 Bicycle 967020 ✓ 171050 795.70 Beer 480°00 ✓ 470.00 10000 Bowling alleys 160.00 320000 160,00* g y Cigarette 204,00 288000 15 00 Food 204o00 mo� Liquor 200 0 00 ✓ ✓/ 200.00 00� Pinball 250000 300000 50.00* Taxi cab 80°00 ✓✓ 60000 20000 Theatre 75000 / 75000 -0- Sign 149 0 03 �// 151.o8 2.05* Dog 19305.25.) 466.75 838050 Miscellaneous 2.00., 4000 2,00* 182909..93; 179 826-7u Z 190 301. Municipal courts Fines and forfeits 339735.00X- 179447.16 . 16928784 Rentals 300,00. 300000 �.o® Revenue from State of Minnesota: Insurance premiums tax Liquor tax apportionment Cigarette tax apportionment $ 29491044 2,451031 $ ?0.13 8996448 99009082 1+5 34* 9.256:80 42 4o 1.827.40 209712072 189'89U-.-53 719 22019 m �5m GENERAL FUND COMPARATIVE RECEIPTS ( Cunt ° d ) Department -al fees and service charges: Election filing fees - Engineering and clerical services: Construction Fund Wa.te-_rworks Fund Garbage Fund Sewer Rental Fund Street repair after local improvement constrixtion Street repair after gas installation Collections on accounts receivable accrued at December 319 1951° Park Fund Special Assessment Funds 4 Waterworks Fund Sewer Rental Fund Garbage Fund 1950 improvement funds: First Series Second. Series Other Inter -fun.d o Loar, to Construction Fund repaid Loan from Liquor Fund Other: Special assessment search Sale-of maps Sale of junk and sundry Interest can :investments Cori tribuxt:ion Sundry TOTAL Increase 1952 1951 Decrease* $4539622.53 $3109905.02 $1429717.51 -26- 15900 6 6.00 YY 9.00 459-835043X -/ 1 2 299.42 9 43 536.01 9! 19427041;. -o- 194'27.41 713.70 713, 70 -a- 713e71 -0- 713-71 -0- 280.00 280.00* �' 2.816.50- -0- 286. 0 51-541.75 2v585.422 6 46-956-33 6 1 00.006 2461.16 17500.00 9 6 -0- 29461.16 39274.21 -0- -0- 3'274.21 662.10 -0- 662.10 662.10 -o- 662.10 97-59, -e- 97.59 2.00 -0- 2.00 -o- ' 62.4 62 a 4* 89659-17.6 19562-34 77096. 60000.00 -o'- 609000.00 50!000.001 -o- 50.000.00 1109000.00 -0- 1109000.00 372.00 294.00 78.00 58.00 61.50 .50* -0- 114.00 11 ...00* 504.1+5 f- 357-47 146.98 39900.00 -0- 3:900.00 57 'A 1 8 30 10134.32 266.01 2 . 9 $4539622.53 $3109905.02 $1429717.51 -26- GENERAL FUND COMPARATIVE DISBURSEMENTS VILLAGE OF EDINA Years ended December 31, 1952, and December 31, 1951 Increase X952 1951 Decrease* General government' Mayor and trustees: Salarie,'a- Mayor 960.00p; 960.00 $ -o- Trustees 2,160.00 ✓ 21160000 mom Publishing ordinances and notices- 31055.23 215.35 - 2,839.888 Supplies 9028 ✓ 1.50 7.78 Other 68.4 / 141.58 r .15* T-61252.94e$ 31478.43 6 21774-51 Mpnicipal court° Salaries° Municipal judge $ 900.00 � 750.00 $ 150.00 Special judge 611.98 /. , 720.00 108.02* Clerk of Court 11490' .22'v/. 1073.64 416.58 Assistant Village attorney 613.55 613,56 001* Fines transmitted to-state 69.00 10.00 .54-00, Supplies 208055 203.75 x+.80 Board of prisdners 662.19 460.50 2001.69 Other 166.62 83-26 81.6 69722.11 6 31914-71 5 607. Elections% Salaries - judges and clerks $ 3.,242.73 757.55 $ 21485.18 Supplies 272.29 ' � 102.13 170.16 Village labor 904.17 183.28 720.89 Registration expense 728.10 kl -o- 728.10 Other 6 0 7 2/ 93. l 2. * 1211.0 17136.47 6 41074-54 Treasurer° Salary $ 600.00 600.00 $ -o® Premium 637-504 1 656.25 107 * Assessor- Salaries: Assessor $ 11700.00 12700.00 $ ®o- Deputy assessors. 3,408.00 l 21767-.00 641000 Supplies - 330.50 184.40 146.10 Mileage 290-50" / , 2 4.00 1.50* $ 51729.00 41945.40 783.60 • Attorney Salary $ 11227.00 1,21350 $ 13.50 Fees and expenses 3,318.92y/ 1,2190054 21099.38 Other 10.00y -o- 10.00 .92 S 25433 S 21122. -27- GENERAL FUND COMPARATIVE DISBURSEMENTS (Cont °d) Increase 1952 1951 Decrease* General government (coot °d)o Clerk o Salary. $ 960.00/$ 960.00 $ -o- Clericalo Depute 415 �3.08�20 3, 788 e 36 744 ° 72 Clerical salaries 18787.49 10,823,00 81024.49 'Supplies 11884.42) 417075 Postage 704.60 a1j6 -P6" 387.22 317 e 38 Maintenance of equipment 45073" 132.25 86.52* Other 27.12 1+9.06 27,E -57 171 9.69 91466. Village hall o Janitor services $ 818.41/t 648.27 $ 170.14 Supplies 211.80 157 °72 54.08 Towel service 60.5' +D 60.90 Light and power 690.87 �11a' 498.55 192.32 Water 20.20 62°08 41.88* Telephone 977 °58 549.51+ 428.04 Fuel 123.19 369.00 24.81* Insurance 50.00." 54023 7* ` Maintenance of building and grounds 608.59 573 7 35-32 Maintenance of equipment 56.70 ✓ -o® 56.70 Other 17. 641 -o® 17.64 31635-54 21974-06 6 661. Planning commission: Consultant fees $ 11598.24 11853 .34 $ 255.10` Other .20� e O e 0 1,607. 1, 7.2 249.80* Dues 20 °00 16 .00 40.00 TOTAL GENERAL GOVERNMENT 9,617.03 39,1 °29 5 20, 462-74 Public safetyo Police protection° Salaries $ 35,859-98k4 297980.61 $ 51879.37 Supplies 464 e 43'/,, 477.73 13-30* Police radio service 700.00 ✓ 700.00 -o® Drunkometer tests. 780.70 ✓ 150.00 630.70 Other 11 .0 20.52 24. Fire protection° 37,920.1 31,328.86 6,591.30 Salaries $ 47 .2�� 1,6373.28 $ 23459097 Supplies °3 �" 232000 333olo Po�werafor siren 117 0 0 ✓ 117.00 9 e �0 Telephone 28 7. 0✓ 160.30 127.50 Fire school and convention 384.00 2433.00 141.00 Other 51.85. 13+.34 82.49* Transmitted to Edina Firemen's Relief Association 26 e 0 e- -om 35269.90 r4 7 e17 2,60 e16 _ 6,269.01 no . v -1. GENERAL FUND COMPARATIVE DISBURSEMENTS (Cont'd) Public safety (cont'd)o Inspection services: Salaries° Building inspector Plumbing inspector Supph es"-d-nd -other expense TOTAL PUBLIC SAFETY Highways° Village engineer: Salaries° Village engineer Assistant engineers Surveying services Supplies Mileage Equipment rental and maintenance Other. Increase 1952 195: Decrease* $ 37762.51 $ 3076.77 $ 385.74 31768.92Q 39376.77 392.15 260.98 / 21000 50.95 2. 1 6p263.27 2 6.7 407897-59 6,131669.15 $ 8,5o8eoo - 6,4o5.5o $ 487666.42 12,372.36 2,429.91 b807.89 1,667.17 -o- /'_ /� 258 °73 23.48 Street lights and traffic signals 4- tlg73.5; . 14,086.79 119627.03 Street commissioner - salary ,ty ����� 4,893.650. 4,252.18 Labor Materials and supplies Street signs Outside equipment rental and Sanding and snow removal° Labor Material and supplies Outside equipment and labor Other i 20,277.47- 16,481.79 5 , 331.26. 129390-34 333.2 1,415.25 10 labor 28,9.09 , 5,260.30 Village share of joint street maintenance reimbursed to City of Minneapolis Miscellaneous TOTAL HIGHWAYS Sanitation and waste removal: Weed eradication: Labor Supplies Rental of equipment Rubbish disposal: Labor Maintenance of storm sewers: Labor Supplies Outside equipment and labor TOTAL SANITATION AND WASTE REMOVAL 101)276.54 X,. 87176 -/ 160:00, '� -o- 1+7 0. 1561820.-99 8 .580-71 7800-36 545.50 86.50 1,200.04 86.12 727843.63 2,102.50 36,294.06 10.97 1,622.02 1,667.17 460.34 235.25 214 : 76 26 1.47 31795.68 2,940.92 1,082.01* 22_, 849.63 1, 695. 83 71-40 386.50* 1,200.04* 115. * 73,97736 $ 19029.71 r 197.45 982.05 6 195.4o 47.66 2.05 -o- / 17.26✓ 77.00 -o- 77.00* 17.26 17302.00 / 830.30 220.58 d , 570.07 20 e 14 471.70 349.49* 201.59* 21772. 21861-96 T----79.41* GENERAL FUND COMPARATIVE DISBURSEMENTS (Cont'd) Increase X952 1951 Decrease* Unallocated expenses Village sbare of public employees' retirement $ -o- y/ 2,166.35 29166-35* Workmen's compensation insurance 1,874.30 1,000.00 874.30 Audit rat j 2,950.09. 2,880.00 70.00 Other professional sgrvices 825.00 -o- 825.00 Settlement of law suits. J 253-75 _o_ 253-75 84.22 Cenllatir�n.s of special assessments 84.22 -o- Other 2, Ol. 212 .01 TOTAL UNALLOCATED EXPENSES 69320.99 61148.06 6 172.93 Contingency° Storm damage -o- 6 11572.30 $ 11572.30* Tree trimmings Labor Q QQ�� $ 660.812A 378-77 $ 2 a YY Other 640.o011 81. 6 o88 64 1 0 8.64 TOTAL TREE TRIMMING 29300..'81'$ 960.13 8 11340.68 Capital outlay° Land Q $ 7,577.16 -o- $ 27,577.16 Land improvements .1168.62 -o- 2,168.62 Buildings -o- 29491.93 21491.93* Furniture and fixtures_ _ 17388.26 698.86 689040 Highway 21,331.75 ✓ 97851.90 119479.85 Police 11894.06 1,014.21 879.85 Fire department 11021.45 49078.45 31057000* Election Equipment 700.37 132.00 568-,37 Engineering department ,89:8].77 1,910.65 1,011088* Miscellaneous TOTAL CAPITAL OUTLAY ?t?.95 _0_ 67,02 .39 .20,17 .00 41.95 V361 6-39 Reimbursable expenditurese., Insurance claims $ 302.80 $ -o® $ 302.80 Services for contractors 11011.21 96.11 915.10 Services for liquor store -o- 6.50 6.50* Sundry 59.53 24.83 34.70 Special assessments on Waterworks �y 74 -o- 65-74 74 property ,. Special assessments on Park property .65 ° -o- 448. 448.79* .� TOTAL REIMBURSABLE PXPENDITURES 6 11 39e28 U 576.23 6 861.05 ti GENERAL FUND COMPARATIVE DISBURSEMENTS (Cont'd) r, Increase 1952 1951 Decrease* Prior year's expenses and -encumbrances-. Due to otnef funds at December 31, 1951: $ 19000.00* Park Fund $ -o- $ 19000.00 Working Capital Fund 28,940.480, -o- 28,940.48 Waterworks Fund ' 2.000 -o- 2.00 Sewer Rental Fund 75.000 -o- 75.00 Special Assessment Funds : 282.470 -o- 282.47 Encumbrances at December 31 1951 -PRIOR YEAR 'S WENSES —4,779.82Q -o- 4779.82 TOTAL . AND ENCUMBRANCES $ 3�+,0�9e770$ 11000.00 $ 33,079.77 Inter-fund: / Loans to other funds: Construction Construction Fund $ 000.00 -o- $ 60,000'•00 1951 Improvement Fund 101237.350 -o- 10,237.35. Loan from Liquor Fund repaid 50.000.00 � -o- 50.000.00 4 TOTAL INTER -FUND 120 237.3 '368.16✓ -o- 1209237.3 Salary of health officer 364.41 3.75 Civilian defense 85.59 ✓ 389.17 303.58* Dog catcher 1A020. 9 -o- 10026.39 TOTAL $496,680.04 $1967945.77 $299,734.27 —31— MUNICIPAL COURT FINES - COUNTY AND STATE CASES VILLAGE OF EDINA Year ended December 31, 1952 County State -Total Balance payable January 1, 1952 $284.00 S 90.50 $374-50 Fines collected 30.00 30.00 6284.00 $120.50 W4.50 Transmitted to county and state by: General Fund $ 62.50 $ 62.50 Clerk of Court 51.50 1.50 11 .00 2114.00 Balance December 31, 1952 $284.00 $ 6.50 $290.50 a -32- GENERAL FUND FIXED ASSETS VILLAGE OF EDINA Year ended December 31, 1952 ------------------------------------------------------------------------------------------------- Balance Additions Deductions Balance January Trade -in Cost of December 17 1552 Expenditures Allowance Trade -in 31, 1952 Land Land improvements Buildings Furniture and fixtures Equipment° Highway Police Fire .Election Engineering Miscellaneous TOTAL $ 61471.00 $27,577.26 2,822.00 25,623.16 1020 61841.32 11505.63 $ 34,048016,'! 298220 00✓ 25,62-4 36 V 98. oo $ 116.00 -� 8, 328.9511 i4 °° 85,o83.61 ' 21,33311... -75 50.00 53861.91 6 7, 788.06 1,450000 30,056.32 11021.45 11062.58 . .700.37 11910.65 906.12 1P629.75 43.95 161.21 - 1060.04.15 "-vs 21736.86 129 363.11-vtm 319077,,, 77 ,79t% ✓ 1,7762.95 21816.077 / 1.673.70• $1671362.30 $607875.69 $1,598.00 $3,014.07 $226,821.92 Stunmary of net cost of additions: Expenditures $609875.69 Trade -in allowances 1 8.00 8629473- 9 Less cost of trade-in 31 014.07 $599459.62 ri -33- �A' GENERAL FUND ANALYSIS OF ADDITIONS TO FIXED ASSETS VILLAGE OF EDINA Year ended December 31, 1952 Land.: Site for new village hall Blue prints Legal. expense Buildings: Blue prints Furniture and fixtures: Visible binders Twenty-four metal folding chairs Desk pad Three swivel chairs Two desk lamps Two visible racks and index sets Typewriter Tape recorder and attachments Add trade-in allowance Five filing cabinets Four typewriter tables Foot control for recorder $ -117.00 98.00 TOTAL NET ADDITIONS Less cost value of recorder traded in Equipment° Highway: Pulvi mixer Street marker Motor grader Power mower Add trade -in allowance Sickle grinder with motor $ 374.00 50.00 Less cost valu.e'of mower traded in Police: $ 41218.00 494.00 16,187.50 $26,996070 7.16 573.x0 $27,577.16 $ 542°70 132.00 11.50 77050 59-50 87.76 137.50 .215.00 220.70 104.60 14.8 11603. 3 116000 424.00 8.2 $21,381 .7 161.21 $219220.54 1952 Styleline Chevrolet $1,171.56 Add trade -in allowance 150.00 $ 11521.56 1952 Mainline Ford -662.70- Add, trade -in allowance 1.100.00 1,762.50 Siren 60.00 Traffic signals° 50th and Woodale $3,697000(A) 50th and Halifax 20197-00 5 8 894.00 Lbss.'-bost value of traded in: 1942 Ford 1951 Chevrolet automobiles 6 91238.06 1 882 736.86 6,501.20 1.20 0 1,487.63 -34- /, GENERAL FUND ANALYSIS OF ADDITIONS TO FIXED ASSETS (Cont'd) ..Equipment (cont'd)s Fired 3,000 watt generator $ 580.00 Portable pump 290.00 Hard suction and strainer 75.00 Siren 76.45 11021.45 Election: Twelve card cabinets $ 78.40 Seven voting booths 477.00 Five United States flags 54.97 Four ballot boxes 90.00 700.37 Engineering: Desk lamp $ 33.25 Eight level rods 216.50 Three filing cabinets 294.37 Scale -and sieves 125.25 Drafting table 73.50 T-square 7.30 .Stool 4.25 Dietz tape 26.20 Duplicating machine 32.50' Plainometer 34.00 Two aqua box finders 59.00 906012 Miscellaneous: Filing cabinet for civilian defense 43.95 30 r 191.61 TOTAL NET COST OF ADDITIONS $598459.62 Note A ® Reversal of the cost of traffic signal charged to expense in 1949. Z WORKING CAPITAL BALANCE SHEET .VILLAGE OF EDINA December 31, 1952 ------------------------------------------------------------------------------------------------- ASSETS f Cash Due from other funds: General Fund Waterworks Fund Sewer Rental Fund LIABILITIES. Accounts payable * Indicates red figure. $199006086* -$219412.18 146.51 7065.E $ 29559.48 59.48 $ 29559048 -35- VILLAGE OF EDINA Years ended'December 319 19529. and December 319 1951 Income: Charged to other funds° General Fund Waterworks Fund Park Fund Sewer Rental Fund TOTAL INCOME Expenses. Repairs and replacements Via -lage. labor Gas and oil Insurance Tires and tubes Fuel Supplies Power and light Sundry Telephone TOTAL EXPENSES a r NET INCOME Increase 1952 1951 Decrease* $309591.88 19000.00 100.00 100.00 31,791• $109,365.60 7 9 561+.68 7, ,_+93.06 39112.05 19031.75 .50 0.49 31.79 265.80 $ -o- $279376.87 19000.00 100.00 2b9.576.W $ 79086.87 6 9 802.01+ 79350.79 19618.75 3 9116 e 51+ 19021.15 900,25 316.66 177.82 $ -o- $39215.01 -o® -0- $3 945.01 $39278.73 762.6 11+2.27 19493.30 29081+.79* 76.65* 1+1+9.76* 25.13 87.98 36.1 y:. o36- WORKING CAPITAL FUND ANALYSIS OF CHANGES IN CASH BALANCE VILLAGE OF EDINA Year ended December 31:9:1952 -------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------- Balance at January 19 1952 Deductions o Expenses from income and expense statement Disbursements charged to other funds: General Fund Waterworks Fund Sewer Rental Fund Accounts payable at December 319 1951 Less accounts payable at December 318 195? Additions. Collections from other funds: $189082092* $319791088 .19444-39 146.55 l 349823-90 ®20 59.48 ' 3202�� 11 $50931+7.34* General Fund $289940.48 Waterworks Fund 29000.00 Park Fund 200.00 Sewer Rental Fund 200200 31,613!±Q OU Balance December 319 1952 $199,006.86* * Indicates red figure. -37- X00 alMl VILLAGE OF EDINA December 319 1952 ---------------------=--------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ASSETS / Gash $59171..88 ,/ Receivables, Relief grant State of Minnesota $59.73 '/ Delinquent taxes $271.81 Less allowance for unrealized revenue 271.81 ® 5907 $59231-.61 LIUILITIES Accounts payable $ 276.0 Surplus - unappropriated $59231.61 -38- .§,TATF,wr,aF. OF—BT-,7,�PLV-$--!!!�LTATkpp-p,,Op��A VILLAGE OF EDINA Year ended December 319 1952 Balance at January 19 1952 Additions - revenue re.eeipts and accuuals- `Pax settlements collected Relief - grants - State of Minnesota Reimbuxsement from recipient Deductions disbursements and accuuals- Suburban Hennepin County Relief Board - Relief orders Administration Direct relief - disbursements by Village Ruma.l Hennepin County Nursing Committee $ 59662.53 $59684.52 205495 200a40 X119-7 _53 $29.488411 609418 $39097429 95.25 6 n 797482 Balance December. 319 1952 Revenue receipts and accruals- Tax settlements collected Relief . graiits o State of Minnesota Reimbursement from recipient Interest on investments Disbursements and accruals.- Suburban Hennepin County Relief Board - Relief ordrr Administration Direct relief disbursements Rural. Hennepin County Nursing Committee .Indicates red figure. MW S52684.52 205.9. ^5 200:40 9090. 7 $29488411 609418 95.25 $69038436 111.50 55.00 6207096 $19415.62 341416 �o= $ 1+9955658 Increase Decreaae* $ 39+01+* 5 145-440 117409* 19072449 268402 954 25 $ 706°95* $49451418 $ 59,158013'` m39® 1. VILLAGE OF EDINA Year ended December 319 1952 -----=----------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------- Balance at January 1, 1952 $ 59784.13 Receipts. Tax settlements' received-. March.1952 $ 559.31 June 9 1952 3 9052.55 November, 1952 092.66 2 Relief grants - State of Minnesota $59684 187.63 Reimbursement from recipient 200s $119 6e6 Disbursements a Payments to Suburban Hennepin County Relief Board o Relief orders $293'87077 Administration Direct relief disbu . rsements by Village 299 .27 95°25 Rural Hennepin County Nursing Committee 6684.80 Balance, December 319.1952 $ 59171.88 -40- 6. I VILLAGE OF EDINA December 319 1952 Cash Receivables. Taxes receivable— delinquent Less allowance for unrealized revenue Fixed assets 6,94510 73, $ 531-- 59 514.59 ✓ ®o= 20,4662 $279119010 Due to other funds: General Fund $ 3 2000.00 `V" Accounts payable. Unexpended contributions for- r specific purpose. 1 Cascade Pumping contribution $801.73 Dwight Williams Memorial Park 58. 95 Park at 65th and Mildred 6 920.68 14 " Sundry 108.02 ✓- 19028 ®70 Surplus. Surplus invested in fixed assets $189049096�''�'� Contributed surplus - invested in fixed assets. 29617e1+1'� Unappropriated (excess of incoffie over .expense- ).,4,, ; ► -)"_''' 2 42�e0 ✓, e09� 001+0 $279119810 -41- PARK FIIND STATEMENT OF SURPLUS - UNAPPROPRIATED VILLAGE OF EDINA Year ended December 31 9 1952 -------------------------=----------------------------------------------------------------------- Balance January 19 1952, 632.24* Additions: Tax settlements received: March, 1952 Tune 9 1952 November, 1952 Swimming registrations Prior year debt to General Fund canceled Deductions: Disbursements for :. Swimming Baseball Skating rinks Parks and general Capital outlay Accruals: Skating rinks * Indicates red figure. 1. $19353.76 79631.14 5912a 8 $149163.79 824..00. 8.29 �1 $29613.51 689.34 49824.19 L 641.20 $119768.24 505.05 1082 02 12.181.31 Balance ' December. 319 1952. $ 29423.03 -42- EAU ANALYSIS OF CHANGES IN CASH BALANCE VILLAGE OF EDINA Year ended December 31, 1952 Balance January 1, 1952 Receipts. Tax settlements. March, 1.952, June , 1.952 November, 1952 Swimming registrations Dwight Williams Park contribution Received from Normandale Community Service Collections on accounts receivable Cascade Pumping contributian Disbursements-., Swimming Baseball Skating rinks Parks and general Capital- outlay Payments on liabilities incurred-in prior year Dwight Williams Park beautification Park at 65th and Mildred o summer 1$19353.76 79631.1?+ $149.163.79 824.00 478.05 156.00 88..00 10.00 $29613.51 689.34 1+9821+.i19 3 U.20 $11,768.24 505.05 29600.00 1+78.05. recreation instructor 96.00 Balance December 31,:1952 a ; 69179.23 8 219 99.07 $ 69451.73 - -43- PARK FUND COMPARAT D SBURSENENTS VILLAGE. OF EDINA Years ended December 31, 1952, and December 31, 1951 ---------------- -- ---------------------- - - - - -- ---------------------------- Increase 1952 1951 Decrease* F Swimming, Instructors Bath house attendant Bus rental - current year Sundry Baseball, Coaches Umpires Bats, balls, etc. Bus drivers Sundry Skating rinks: Labor Maintenance of rinks Salary of attendants Power and light Lumber Sundry Parks and general, Labor Water Equipment rental - current year Flower planting Summer recreation director Sundry TOTAL OPERATING EXPENSES Capital outlay: Park improvement Sundry Payments of liabilities incurred in prior year: Equipment rental Annual installments on loans. from General Fund Accounts payable _ Special funds - Note A: Dwight Williams Park: Amount expended for beautification Park at 65th and Mildred, Amount expended for summer recreation instructor TOTAL $ 1,19.00 9 .50 1,000.00 24.01 62,13.1 525.05 40.00 27.00 71.00 26.2.9 $ 659.34 $ 1,136.94 1,574.02 1,750.50 9.70 273.65 19.18 ,524.19 $ 2,689.65 50.00 100.00 98.35 700.00 .20 11641.20 $111768.24 $ 505.05 -.o- T 555-57 $ 1,065.00 76.50 -o- 247.91 1,359.41 $ 349.00 40.00 20.40 80.00 10.57 1.9-97 $ 2,261.87 2,267.49 193.72 76.29 24.90 ,524.27 $ 1,387.04 50.00 -0- 102.15 700.00 .2 2 2 24. 6 9,00 .11 $ -o- 6 77.36 $ 100.00 $ -o- 1,500.00 l 000.00 27600.00 1,500.00 128. 11628-33 $ 4.78.05 $ -o- $ 130.00 18.00 1,000.00 6.1 1,22 010 $ 176.05 -0- 6.60 9.00* 4.28* 169-37 $1,124.93* 1'516.99* 1474.02* 19 14. 06* $$1,302.61 -0- 100.00 3.80* -o- 2.0 * 66a 2,7 0.13 $ 505.05 6* 27.69 $ 100.00 871.6 6 971.67 $ 478.05 96.00 96.00 574 . ► 3 574.7 $151447.34 $10,713.80 $4,73354 Note A - Funds for these expenditures supplied by contributions from outside the Village. -44- PARR FUND FIXED ASSETS VILLAGE OF EDINA Year ended December 319 1952 Balance Balance January IT Additions December 319 1952 Expenditures 1952 Parks $159820070 $159820.70 Skating rinks 19 6-6.85 19646.85 sand improvements 526.15 $29618.62(A) 39144-77 Park equipment �55.05 TOTAL $179993.70 $2,673.67 $209667.37 Note (A) m Represents cost of black dirt on lot at northeast corner of 50th and Woodale 57th and :Chawen and special assess- ments against Park 1`u d .property pai� by General Fund. (B) -,Represents cost 'of picnic tables. -45® SPECIAL ASSESSMENT FUNDS COMBINED BALANCE MEET- VILLAGE OF EDINA Decembe% 318 1952 ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- Street ASSETS Cash Investments - United States Government securities - at cost Special assessments receivable - current and delinquent; Certified in 1952 - collectible in 1953 Delinquent Taxes receivable - delinquent Special assessments receivable - deferred Due from General Fund Due from 1950 Improvement Funds Due from 1951 Improvement Funds Amount to be provided for future payments on Village share of Minneapolis -Saint Paul Sanitary District sewage disposal plant LIABILITIES Canceled assessments refundable Due to Construction Fund Due to 1950 Improvement Funds Due to 1951 Improvement Funds Interest payable in 1953 Bonds payable Payable to City of Minneapolis for Village share of sewage disposal.plant Surplus - unappropriated Sewer Water Improvement Combined Districts Mains No. 1 $ 618781.53 $ 388990067 $208827.58 $ 19963.28 189000.00 189000.00 $ 309544°07 $ 199441°54 $ 9909917 $ 29003.34 880 4 534. 12 1.269.41 3-369402.14 23997 . 1083 S 290 7.90 17.89 14084 3.05 829289.81 509296.85 400.08 89103..38 313011 89103.38 568618.52 568618.52 31,E 156.57 31.156.57 259024.84 69968.12 86097 $294;769°92 $2279469060 $569311.02 $109989030 $ 19144.04 $ 020 1.73 38158.75 1159500.00 19009.83 $ 18503.85 3.19 1.73. 29602.00 749000.00 134.21 1.01 430.75 $ 126.0.0 319500.00 109000.00 318156.57 319156.57 142,300.78 117.192 ,43 24+ 245.05 863030 $2949769.92 $2279469.60 $568311002 $109989030 -46® SPECIAL ASSESSMENT FUNDS BALANCE SHEET - SEWER DISTRICT FUND VILLAGE OF EDINA December 31, 1952 Total Joint No. 1 No. 4 No. 5 No. 7 No. 8 No. 9 No. 12 No- _13 Noo 15_ _- __Noo_16_Noo_18Noo_19r _No. _20_ -___ ASSETS Cash 8 2 1 2 Investments --U.. So Government securities - at cost Special assessments receivable — current and delinquent: Certified in-19 ;453 bbln DeT11nquent $ 38,990067 $ 21982435 $9.50 $113.71 $29417002 $ 71537054 $1,227.56.6 41769-45 73267.52 0 7,237063 $2,616.47 $1,020o78 4P 5690 7 1, 0 a 7 189000.00 11,000.00 2,000°00 21000000 3,000000 $ l X44 04 $ $ 2,503089 $ 6,411047 $ 71065-75 $1,2960 8 $ 627.11 $ 640.55 $ 896019 _858085 $ 482032 $1 048.77 2�:� �© 26..6 2. 23,97 366 858.77 -o- moo- - -o- 2.32 1,0 077 2, 27.0 ,162• 7,292.3 1, 7.03 627011 .6 Oo 929• Taxes receivable - Delinqquent l sessments Peceivatie - Deferred Due -from 19-50 Improvement Fund Due from 1951 -2mprovem nt Fund Due from General Fund Amount to be provided for future payments on Village share of 14.84 50,296.85 81103.38 81103.38 -56'3i3a�i 56'i98oF 34-79 Minneapolis -Saint Paul Sanitary District sewage disposal plant 11.156.57 31A 6• Z2271469.60 110711001 T9TTO 113.71 621417-02 10,0 • LIABILITIES Due to Cons tructim - Fmxmd 11503.85 Due to 1950 Ingumm~ntFund 3.19 Due to 1951 Improvement Fund 1.73 Canceled--assessments refundable 110090$3 $ 25047 $ 15.56 $ 637011 Interest payable in -1953 2)6,02.00 Bonds payable 741000.00 Pa-�rable to City of - Minneapolis for Village share of sewage disposal 6 6 1�1J 14084 69260000 161028068 17,668.43 31241.15 27181.32 27049071 2,$67056 34.79 52.19 29291017 13, 7 0 1 833,493-47 $35,250 0 0 _ -92- • 5 $3,829.21 3,2 O 13 ,997°97 $ 1,503.85 3.19 1.73 315078 , 15.91 $ 146025 960°00 $ 15020000 $ 190.001$ 42.00$ . 93-756 150000 71000.00 25,500000, 27,000.00 55.000°00 3,000°00 25500000 41000.00 plant 31,15 •,57 $ 31,15 057 Surplus - unappropmLa.ted 117,192.43 79x754.44 $9.50 88024 2,,401046 9,0417054 13970.47 63,430.26 53513.71 7,230.60 22074.6-5 787021 665038 847.97 110 11.01 $9.50 11 • 1 $29417.02 10 0 •6 $2,291.17 $ 4 04 $359250.60,$77264.65 $ $3 -13 997.97 $2279469.60 $ ,9 $ 3 7 $ , 54 5 33, 93 7 —_ _—_ —__ — 3,_?9� a? =_ = =_ = 4a —47 I SPECIAL ASSESSMENT FUNDS BALANCE SHEET - WATER MAIN FUNDS VILLAGE OF EDINA December 31, 1952 -------------------------------------- Total ; No. 1 No. 2 ------------ No. --- - - - - -- Noo----- Noe_�_ana- $---- N�- - - - - -- No.-10.---- ASSETS Cash $201827058 $17320077 $55.66 $4,165.34 $ 31166.41 $ 51449.65 $ 47998.97 $17047.87 $ 622.91 Special assessments receivable - Gertified.in 1962 - Collectible in 1953 Delinquent Taxes receivable - delinquent Special 'assessment receivable - deferred Due from General Fund LIABILITIES Due to 1950.Improvement Fund Cancelled assessments refundable Interest payable in 1953 Bonds payable Surplus - unappropriated * Indicates red figure. $ .9,09917 . 1.269.41 $10;368.58 3.05 25,024.84 86.97 $56,311.02 134021 430075 31,500.00 24,245.05 $56.9311.02 .0 -o- 10009 3.05 86.97 $1,, 407.74 $ 63.85 1,343.89 $1,407.74 $1,512.96 $1,568. b9 3,782.88 $9,517.11 $ 1.01 70036 $5,500.00 2.57* 3,948.36 $68.80 $9,517.11 i $ 1,997.76 51.01 $ 2,048077 41995-09 $10,210.27 65.00 5,000.00 5j145.27 $10,210.27 $ 2,617.30 9 -A6.50 $ 3,553.b0 6,543.27 $15,546.72 $ 91.00 71000.00 8.455.72 $15,546.72 $ 1,791.14 57.45 $ 1,848.59 5,93697 $12,784-53 $ 126.00 10.,000.00 2.658.53 $12,784.53 $ 647.98 67.9. 21073-51 $3,769036 $ 40.00 2,000.00 1,729.36 $3,769-36 $ 532.06 158.40 90. 1,693.12 $3,006.49 $ 40.00 2,000.00 966.49 $3,006.49 SPECIAL ASSESSMENT FUNDS $ 251.97 4,882.04 332°73 81110.64 436.21 21480.79 306.90 11643.00 129.61 STATEMENT OF SURPLUS 23,000.7 517566.20 VILLAGE OF EDINA Year,ended December 31, 1952 A d d i t i o n s ..De d u c t i o n s Interest Assess- Install - Balance Interest on on ments Cancellations I ter t Bank ments on Balance January Special Assessments Invest- over and Payatie Service..Disposal December 1, 1952 Certified Collected ments Collected Other ;Total Adjustments 1953 Charges , Plant Total 31,,'1952 SEWER DISTRICTS Joint Sewer District No. 1 $252508.14 $191.34 $562618o52(B )656,809.86 $2,563.56 $2,563.56 $ 799754.44 4 . 9050 88.24 -o- -o- -o- 9.50 88.24 5 7 2,400.38 $1.08, -o- 1.08 -0- . 2,401.46 8 97382.75 34.79 34.79 -0- 92417.54 6; 0.226 12 62163.78 $ 417.23 1+17.23 $ 146.25 $ 4.50 150.75 13 62927095 11068.58 $ 5.42 34.79 1,108.79 $11.551.85(C) 960.00 11.18 22523.03 52513.71 15 7,032.78 11176.28 52.19 19228.47 12020.00 10.65 12030..65 77230.60 16 2,052.33 216.20 216.20 190.00 3.88 193.88 21074.65 18 746.89 81078 2.00 83-78 42000 1.46 433.46 787.21 666.38 19 20 633.00 81g. 128.12 179. 0 128.12 179.10 _60$207.62 93.75 .150.00 -99 6 94.74 151.16 84 . TOTAL SEWER DISTRICTS $63,736.04 $3,267-49 5 5.72- 313011 T3_ 707 656-i6_1772 1, 1. T1,702600, $12551.85' 2, 563 . 6 ,751. 23. 11.7,192. 43 WATER MAINS 2 4 7 and 8 9 10 TOTAL WATER MAINS STREET IMPROVEMENT NO. 1 TOTAL *Indicates red figure. $ 1,220.93 2.57* 3,767058 $ 251.97 4,882.04 332°73 81110.64 436.21 21480.79 306.90 11643.00 129.61 898,14 108. 8 23,000.7 517566.20 731013 261.33 $87,467.92 457095.02 $121.64 $5.82 $ 1044 4.37 . 1 121. 9 q UM2 -o- -o- -o- $11.23 $434.75.. $8.90 (A) Note A - The composition of interest on investments is as follows: Collected by- Special Assessment Fund $ 34.67 Due from General Fund 400.08 $434.75 .B - Represents connection charges due from 1951 Second Series Improvement to be paid as special assessments are collected. C - Represents additional construction costs. $ 127.46 $ 4.50 $ 4.50 6 1,343.89 -0- * 253.41 $ 68.75 .88 2.63 3,948036 332073 65.00 4.50 69.5o 59145.27 41+0.58 91.00 4.50 95-40 89455.72 306.90 126.00 3.16 129016 21658053 128 061 40.00 3.25 43.25 11729. 6 -0 19 99. 7 6 430-75 F24.42 6 455-17 6 24,245.05 -0- 261.13 -0 1_ 26.00_ 1.16 -o- 129.16 863.30 $56,618.52 $62,168.42 $1,551.85 $3,158.75-$61.4o $2,563.56 $79335-56 $142,300.78 -49- SPECIAL ASSESSMENT FUNDS SUMMARY OF CASH RECEIPTS AND DISBURSEME VILLAGE OF EDINA Year ended December 31, 1952 Balance at January 1, 1952 $ 62,890.28 Receipts Remittances from county treasurer: On special assessments $32,640.19 On bond and interest for Improvement Funds: 1950 First Series $4.20 1951 First Series 1. 5.93 $321646.12 Collections by Village on special assessments: Deferred 577.06 Collections by Village for interest on assessments: To surplus 11.23 Payments received from other funds: General Fund $ 282.47 Waterworks Fund 664.14 946.61 Interest collected on investments 34.67 ` Sale of U. S. Government securities held by Water Main No. 1 52000.00 TOTAL RECEIPTS 395215.69 102,105.97 ` Disbursements Bonds redeemed $317000.00 Interest on bonds 37985.00 Bank service charges 61.40 Decrease in canceled assessments refundable: Balance December 31, 1951 $ 17154.36 1,144.o4 Balance December 31, 1952 10.32 Additional construction costs - Sewer District No. 13 48.00 Decrease accounts payable accrued at December 31, 1951 195.00 Payment made to General Fund Sewer District No. 9 27461.16 Paid to City of Minneapolis - sewage disposal plant 2,563.56 TOTAL DISBURS ME TS 40,3244144 Balance December 31, 1952 $ 61,781.53 -50- Fy VILLAGE OF EDINA Year ended December 31,_ 1952 --------------------- - - - - -- - Certified -Balance -Remittances Cancellation ^for Balance January - from. Cmmty and- Delinquent Collection December 15 1952 in 1952 Adjustments Balance in 1953 311 1952 SEWER DISTRICTS Joint Sewer District No. 1 7 8 12 15 16 18 19 20 WATER MAINS 1 332 4 7 and 8 to STREET IMPROVEMENT NO. 1 TOTAL $ 916.62 1,045.69 1,115.22 29617.16 873055.93 71554.08 1'807.63 666.16 964.14 257505.9 $ -o- . 10.09 1,729.34 29153.04 3,518.84 2,099.23 673.90 648.01 10,632. 29150.96 $38,489.36 $ 57.77 1.0 563 :�7 66. 5 2,59 - 99 6,5534.92 N 7.48 92.67 809.63 666.16 911.19 $202974091 $ 5.82 11673038 2,102.0 29582-34 2,041.78 673.90 489.61 ..... 2,,096.42 $32,640.19 $1.o8 2.00 3.0 $5.82 65.82- -0- $8.90 $ 858.85 -o- p 4V2.32 1,048.77 23.17 1,751.01 226.60 110.45 -o- 2. 34,534-12 $ -0- 10.09 55.96 51.01 936.50 57.45 18.40 71,269.41 54.54 $5,858.07 $ 2,503.89 6,411.47 71065.75 1,296.58 627..11 61+0.55 896.19 19,441. $ 11512.093 19997.76 2,617030 1,791.14 647.98 52.06 92099.17 2 9,003.36 $30,544.07 $ 858.85 -o- 482.32 1,048.77 2,527.06 8,162.48 77292.35 1,407.03 627.11 640.55 929.14 23,975• $ 10.09 1,568.89 2,048.77 3,5 3.80 1,8 8.59 647.98 690.46 $10,368.56 29057.90 $36,402.14 -51- IAL VILLAGE OF EDINA, Year ended December 31, 1952 SEWER DISTRICTS Number 12 15 18 19 20 TOTAL SEWER DISTRICTS WATER MAINS Number 5 97 and 8 10 STREET IMPROVEMENT N0. 1 TOTAL WATER MAINS TOTAL Certified to _ Balance County for Collections Balance January Interest Collection_ !-by Village December 1; 1952 Spread Total in 1953 Principal Interest 31, 1952 $ 8,346.66 $' 417.23 $ 8,763e�9 $ 2,03.89 $ 6,260.00 21,744.47 17074.00 221818.47 6, 11.47 $372090 6 5.42 161028.68 -43 239557.90 11176.28 24,734.18 71065.75 1776680 49321.53 216.20 4- 1537.73 11296.58 31241.1.5 2,726.6 81.78 27808.43 627.11 21181.32 2,562:1 128.12 21690.26 640.55 21049.71 584-45 66, -843.80 179.10 3,272.91 1.761.75 70,116.71 896.19 19, 1. 372.90 2.867.56 e 2 01296. $ 57130.48 $ 253.41 $ 59383.89 $ 11512.93 $ 86.64 $ 1.44 $ 31782.88 61660.12 3 2. ?3 61992.85 ; 11997.76 41995.09 81841.88 440.58 91282.46 27617.30 117.52 4.37 61543.27 77421021 306.90 79728.11 11791.14 52936.97 21591.88 129.61 2,72149 647.98 2,073.51 2.116.40 321761.97 1o8. 8 $19572.01 2.225:1 8 6 349333-98 2.06 91099.17 5207.1-6 1.691.12-, . 1 $257024.84 8,710.15 261.33 8,971.48 2,003.36 -0- -0- 60968.12 $108,315.92 $5,106.25 $113,422.17 $30,544007 $577.06 $11.23 $821289.81 -52- SPECIAL ASSESSMENT FUNDS BONDS PAYABLE AND BOND INTEREST VILLAGE OF EDINA December 31, 1952 Interest Interest Interest Paid Payable Description Date of Issue Rate in 1952 in 1953 ------------- - - - - -= - - - - - -- -- - - - - -- -------------------- - - - - -- ---------- - - - - -- ---- - - - - -- ------------------- - - - - -- - - -------------------------------------------------- - - - - -- SEWER DISTRICTS Number 12 13 16 19 20 WATER MAINS Number 1 4 5 7 and 8 9 10 STREET IMPROVEMENT NO. 1 January 17 1946 2 1/4 $ 191.25 $ 146.25 July 11 1946 4 11220.00 960.00 September 17 1946 4 11260.00 11020.00 September 17 1946 4 240.00 190.00 July 11 1947 1 4/10 49.00 42.00 July 17 1947 3 3/4 112.50 93.75 July 1 TOUL 1947 SEWER 3 3/4 168.Z5 150.00 21602.00 DISTRICTS $3,241.50 August 17 1941 1 1/2 $ 30.00 September 19 1946 1 1/4 87.50 $ 68.75 October 11 1946 1 3/10 91.00 65.00 October 11 1946 1 3/10 117.00 91.00 July 11 1947 1 4/10 154.00 126.00 October 11 1947 2 60.00 40.00 October 1, 1947 2 50.00 40.00 TOTAL WATER MAINS 6 589.5705 8 430-75 July 1, 1947 1 4/10 154.00 126.00 TOTAL $3,985.00 $3 2 - 158,75 Bonds Bonds M a t u r i t i e s Outstanding Bonds Outstanding 19 January Paid December Thro h 1, 19 52 in 1,52 31 1952 1953 195' 1955 195 �_ - -____ $___________=___________== ______________________________ $ 9,000.00 32,000°00 33,000.00 6,500.00 4,000.00 3,000.00 455-00.00 92,000.00 $ 2,000.00 7,000.00 7,000.00 9,000.00 12'000.00 3,000.00 2.500.00 2,500.00 12000.00 $146,500.00 $ 29000.00 6,500°00 6,000.00 17500.00 1,000.00 500.00 00.00 1,000.00 $ 2,000.00 1,500.00 2,000.00 2,000.00 2_,000.00 1,000.00 500.00 11x000.00 20000.00 $31,000.00 $ 7,000.00 25,500.00 27,000.00 5,000°00 3,000.00 2,500.00 40000.00 749000.00 $ -0- 5,500.00 5,000.00 7,000.00 10,000.00 2,000.00 2.000-00 31-)500.00 $115,500.00 $ 29000.00 69500.00 6,000.00 1,000.00 1,000.00 1,000.00 1 _715 00.00 $ 1,000.00 1,500.00 2,000.00 2,000.00 500.00 500.00 7,500.00 off•.•• $27,000.00 29000.00 6,500.00 6,000.00 1,000.00 1,000.00 500.00 500.00 17,500.00 $ 1,500.00 2,000.00 3,000.00 2,000.00 1,000.00 500.00 10,000.00 $29,500.00 2,000.00 6'500.00 6,000.00 1,000.00 500.00 1.000.00 000.00 $ 1,500.00 1,500.00 2,,000.00 .2,000.00 500.00 500.00 ,000.00 $27,000.00 1,000000 69000.00 9,000.00 2,000.00 2,000.00 500.00 1.500.00 22,000.00 $ 1,500.00 4,000.00 00.00 6,000.00 4,o00.00 $32,000.00- -53- VILLAGE OF EDINA s December 31, 1952 _ Deferred payments covering bond and interest charges: Year 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1964 1965 1966 1967 1968 Last half of installment due in 1952, paid in January, 19530 TOTAL DEFERRED TOTAL Amount $ 2,526.00 2,480°92 2,442086 27390001 2,337°16 2,291054 2,238051 2,192071 2,139043 2,0 60.6 2,032°88 1,979061 1,302°94 1,004005 334022 6291874-79 1 j2810 78 $312156.57 Note A - Since the certification in the year 1948 ('collectible in 1949), no assessments have been certified. because • of the existing surplus in Joint Sewer District No. 1 and in the'Sewer Rental Fund which, it is expected, will be used so far as available to cover additional payments to the City. - 54 m IMPROVEMENT FUNDS COMBINED BALANCE SHEET VILLAGE OF EDINA December 31, 1952 ----------------------------------------------------------------------------------- ----------------------------------------------------------------------------------- Total Construction ASSETS- Cash on deposit Receivables; Special, assessment receivable current and delin went: Certified in 192 - Collectible in 1953 Delinquent Taxes receivable - current Special assessment receivable - deferred Taxes receivable,- deferred Accounts receivable from contractors Due from other funds Due from construction fund for advances Construction in progress: Current Deferred LIABILITIES Due to, other funds Advances..from Improvement Funds Loan from .General Fund Accounts payable Accrued interest Water main and, sewer connection deposits Construction contracts payable Reserves: For contingencies For debt service For uncollected taxes Bonds payable . Surplus - unappropriated 6 2359295.41 6 96,075.39 204.2 344. o3 27, 986.=55 9,640.61 854,641.27 81,000.00 1,613014 402975-56 485,368.68 15;705.55 4632553.11 4632553-11 1120662004 1123662.04 62,517,080.40 $689,523.32 $ 11.39327.41 485,368.68. 50,000.00 1,503.61 5,511.3'3 .10,850002 113,868.74 51,975.38 211,000.00 81,000.00 1,333,000.00 593675.23 $485;368:68 50,000.00 553.45 10,850.02 113,868.74 62,517,080.40 $689,523°32 ------- - - - - -- ----- - - - - -- ------------- ----- - - - - -- Note A - Includes amounts due from Waterworks Fund and County of Hennepin. *Indicates red figure. ----------------------------------------------------------------------------------------- Permanent 1950 Improvements 1951 Improvements 1952 Improvement Improvement First Second First_ Second First Revolving Saxiea.. Series. Series Series Series 48,9315.44 $ 271491.55 6 53,435031 6 71287.56 $ 11447.97 $ .622.19 57,209.82- 14,502.74 1099853 35 71015 � .25,094.72 . 279959-08 11,894.23 74.42 93,37 .47 6,500.00 4.76 4.20 6,241.95 269435.40 1,302.53 113 , 515.52 10.00 139.21 4,279.87 $255,667.22 $1749215..66 $1999117.84 $ 91315.21 /$ 21896.45 $. 51377.45 908.67✓ 12.64 916.00 896.00 23,375.61 / 61785.15 211,000.00 ✓ 6,500.00 r7 / 144; 000 . oo 11 06 / �'7 .1 ✓ 13.118.06 $255,667.22 $174,215.66 12,912.39 168,000.00 11.,E l9. 36 $1 ,99117.84 15,034.06 77,705.67 287.05 17495.19 769245.63 461,652.30 37500.00Qp 31.88 6,334.52 48,512.34 7,400.00 719000.00(A), 420,000.00 $1109215.89 $589,318.28 $499,022.19 $ 66,855.87 $ 28.85 774.33 1;000.00 �$ 11925.00 50.38* 99452061,✓ 31500.00 ✓ 71,000.00 101,000.00 500rToa0000 4201000.00 5.46.09 128009.80 63097.19 $110,215.89 $589,318.28 $4999022.19 -55- IMPROVEMENT FUNDS STATEMENT OF SURPLUS VILLAGE OF EDINA December 31, 1952 Permanent 1950 Improvements 1951 Improvements 2 '14Eovemer1t, Improvement First Second Fir.at Second First Total Revolving Series Series Series. Series Series Balance at January 1, 1952 $28,964.80 $ 8075.99 $ 91148.70 $ 7,940.13 $11758.62 $ 1,541.36 $ -o- 6" Additions: Interest spread on -deferred assessments for collection in 1953 Interest collected -by Village on prepayment on special assessments Premium on sale of bonds Accrued interest on sale of bonds Current portion of special _ 'levy for bond and interest Deductions; Transfer to Debt Service Fund for interest Interest on bonds; Paid during year Accrued at December 31, 1952 Printing bonds Advertising Bank service charges Adjustment of interest on special assessments Balance December 31, 1952 47,375.15 13070 426.00 - 417.10 10 000.00 . 37196.75 $ 5,165.00 16,212.34 59511-33 446.50 8.41 14o.58 17.16 $27.521.52 $59,675.23 7,757-56 4.35 $16,337-90 $ 5,165.00 67.88 17.29 5.270.17 $11,067 °73 5,777.43 6.16 1.000.00 615032.29 61675.26 2.12 314)617.5'1 $ 11871.67 $ 19792.00 916.00 896.00 26.56 2.814 .23 $13,118.06 10.08 ..0 2 $11, 919-36 4,432.446 1.07 10600.00 7,7921 $1,548.67 774.33 6.06 SQ. � 15,463.09 22,732.44. 2 ,273. 0 $11,000.00 1,000.00 234.00 30.00 $12.264. $12,009.80 426.00 417-10 40 .00 '2 3.10 $ 1,925.00 212.50 8.41, 2.145. F1 $ 61097.19 IMPROVEMENT FUNDS ANALYSIS OF CHANGES IN CASH BALANCES VILLAGE OF EDINA Year ended December 31, 1952 Balance January 1, 1952 Additions: Remittance from,County Treasurer: On special assessments, On taxes receivable Collections by Village on special assessments: Principal Interest Proceeds from sale of bonds: Principal Premium Accrued interest Collections from other Funds: Waterwbrks Fund Debt .Ser�rice Funds Permanent improvement Revolving Fund Loans from other Funds: General Fund 1952 Improvement Fund Increase in customers deposits.. Increase in accounts payable Decrease in accounts receivable Collection for the General Fund;' b (Total carried forward) Permanent 1250 Improvements 1951 Improvements 1952 JoLuement- Construction,Improvement First Second First Second, First Fund Revolving Series Series Series Series Series ----------- $4201006.39 889263.64 $143706074 $33,984.12 835.68 29541.36 -o- $ 69,994.15 $24,986-78 $18,717.40 71016.94 17950038 803.08 947.44 21735.05 39430-03 11182.41 933.26 4.35 6.16 2.12 1.07 $4201000.00 426.00 417.10 447-80 39473.45 27,56 453.72 107237.35 $420,000.00 19156.�4 553 5 696:98 2.00 T-71+- 8 6 9 y� J22 06� U22 lZ7. 11 9,457—.22 Fl-1. 170. 61 $13)711.97 $420.841.10 3420164T.-T-0 $8429413 51639132 3 .54493d5-11 $569161.23 3109292-90 IMPROVEMENT FUNDS ANALYSIS OF CHANGES IN CASH BALANCES (font °d) r Deductions Construction costs: Decrease in contracts payable: January 1 1952 December .1, 1952 Decrease in construction in progress: Balance January 1, 19520 Current construction $255,323009 Deferred construction 65 Balance December 31,71552: 362.3010 Current construction $4631553.11 Deferred construction _1124662.04 Less costs paid by others: General Fund Permanent Improvement Revolving Fund Construction costs charged to others: 1950 First Series Improvement Fund 1951. First Series Improvement Fund 1951 Second Series Improvement _Fund Permanent Improvement Revolving Fund General Fund Special Assessment Funds Payments to other funds accrued.at December 31, 1951.. General Fund Debt Service Funds 1950 Improvement Funds Decrease in accounts payable Increase in accounts receivable Refunds charged to special assessments Charges direct to reserve for contingencies Payments made for other funds: Construction Funds 1950 Improvement'Funds Transfer to Debt .Service Funds for bonds and interest Transfer to Construction Fund Bonds redeemed Interest on bonds Bank service charges. Printing bonds Advertising Total brought forward $3671665.48 a 868.7® $617,624074 576.215015 8, 385.82 2.22 $2531796.74 41 40 . $21,29367.1 28 614066 6183 $- 77-20 9 41,581.18 531961007 451,487.66 '91245-3.3 4,688.60 Balance Dedember 311 _195? ---------------- --- - - Permaxiant - - - - - - 19�O Improvements_ -------------------------------- - - - - - - 7 - - - - - - - - - - - - - - - - Improvements - - - - - - - - — 1952 IMDr2ZgmepjL Construction Improvement First Second First Second First Fund Revolving Series Series ------------------------- Series Series Series $8429413.16 $1639132.83 $44�385.11 $56 16',,23 $10,292.90 $139711097 $420,843010 $746,240.18 97-59 $ 475092.49 481.28 go. 84 71.15 16.66 49.97 20�228.84 1.16 46,165,,00 $ 969075.39 $ 48,935.44 ----------- ----------- 2. 00 , $ 618.47 15a g 57.81 10. 9 $149000.00 29867.00 2,688.00 27323-00 $12,000.00 26.56 10008 6.06 30.00 234.00 916.893.,56 a, 723—.92 1.005. $27,491.55 $5394315031 $ 79287-56 $ 1,447.97 7 --------- ---------- ---------- ---------- $4209000.00 212.50 8.41 X20.2-20.91 622.19 0 VILLAGE OF EDINA December 31, 1952 Permanent 1950 Improvements 1951 Improvements Improvement First Second First Second Total Revolving Series Series Series Series Balance January 1, 1952 $148,754010 $84,6060.98. $36,881.01 $209019093 $ 7,246.18 $ -a® Additions: Certified for collection in 1953 2&.144.01 20 08 $353,098013 1 1, 1 0 0 Deductions: Remittances from country during year $120,715°27 '$ 69,994015 Cancellations and adjustments 52.28 1 Oo0 Balance December 31, 1952 Note A The composition of balance at December 31, 1952 is as follows: Certified in 1952 for collection in 1953 Delinquent TOTAL *.Indicates red figure. ,§1208762.22 - 50 0 02 $2329330.58 $ 71,712056 $2o4,344003 27j986,55 $232,330058 $ 57,209082 140502074 $ 71,712056 27.959.08 $641J 4Q.09 $24,986078 924.986.77 $39,853031 $27,959.08 1,11894 0 23 $39,853031 26.415.-40 $465-455-33 $18,717040 1 e 0 $27,737-93 $26,435.40- 1.302.53 $277737-93 15.034.06 $22,260024 $ 57. el $15x321.11 $15,034006 287.05 $15,321011 77.705.67 7717. e 7 ®0- $779705.67 $77,705067 ®0- $77,705067 _59_ 0 IMPROVEMENT FUNDS SPECIAL ASSESSMENTS RECEIVABLE DEFERRED VILLAGE OF EDINA Year ended December 31, 1952 Balance Assgssments.Sprga January Supplement Construction Reserve foi 11 1952 Assessment Costs Contingencio PERMANENT IMPROVEI-ENT REVOLVING FUND Street improvement No. 6 $ 19314.56 7 586.12 H 19157.621 28 266.40 29 og.4 38 171863.42 45 1.607-51 SANITARY SEWERS District No. 14 17 .21 22 Indianola STORM SEWERS Storm -szver No. 11 15 13 16 WATER MAINS Water main No. 6 12 16 .17 18 19 20 71121.65 17359.81+ 17361-81 61777-71 17137-90 12.72 101649.9 19714.34 P+9.35 1+1628-35 6 6,122.0 $ 17663-05 3'639.25 18,069.56 37430.26 16)621.51 51924.22 37133.70 17356.68 37576.86 16,085°63 110.08 3-7-5-7610.60 -0- -0- -0- 6 -0- - 6 -o- -o- 01 0 -0- 6 3,301-09 5.87 6 -0- 6 -0- 6 -0- STREET LIGHTING - Street improvement No. 34 $ 71919.09 -0- $ -0- -0- Certified to County for Cancellations Balance Interest Collection. Collected and December Total Spread Total in 1953 by Village Adjustments 31, 1952 $ 64.36 $ 11378.82 $ 11351.22 27.60 -o- 29.30 615.42 615.42 -0- 6.50 223.21 223.21 -o- 34.72 1,192.34 11192.34 -o- 13.32 279.72 146.52 133.20 40.7 849088 445.17 404.71 88.17 1,2.21.59 639088 581.71 1.687-88 884. 2 803-76 -o- 327.21 7-448.86 1497-88 27.65 -o- 6 11923-36 $ 68.62 $ 11428.46 $ 408•.58 $ 1,019.88 68.13 1,429.94 408.58 17021.36 324096 71102.67 11409.28 $ 271.80 51421.59 56.90 1'114°86 246.55 946.25 -o- - 19.2 11,1 9.23 2,-79 99 .271. o -o- 1417-44 $ 87.22 $ 1,831.56 $ 436.09 $ 1,395.47 9.48 358.83 47032 $ 160.15 151.36 201.55 41229.90 872.4 . 3,356.96 1.106.96 9.75 46. 127.42 6 0 2 2 64. 2 782 .0 3,30 .9 3+38.00 91767-00 1, 3.77 225.67 2,36 .72 ,692. $ 83.14 $ l 46.19 $ 4?8.90 6 1,247 29 181096 3;:6621.21 788.50 $ 81.15 $ 21951.56 903.47 18,973.03 3,915.06 15,057°97 171.51 31601.77 743.22 27858055 831.07 171452.58 3,.601.32 1 9851°26 296.21 6,220.43 19283.58 9936.85 156.68 3,290.3$ 678.96 21611.42 67.83 1,424.51 293.94 1,1300 171.12 37747.98 660.05 $ 154.35 2,933-N 804.28 161889.91 39102.22 13,787.694 105 . 0 24215-58 406.94 808.6 -o- 3,772.77 79,3 3 7 1` ,972 -9- 1 .3 1.1 3,17 -3 $ -o- 395.95 $ 89315.04 $ 11527.24 $ -o- $ -o- $ 61787-80 .• IMPROVEMENT FUNDS SPECIAL ASSESSMENTS RECEIVABLE - DEFERRED (Cont'd) Balance Assessments Spread January Supplement Construction Reserve for 1, 1953 Assessment Costs Contingencie PERMANENT 'IMPROVEMENT ,REVOLVING FUND (font °d) BLACKT©PPING. Street improvement No. 3 $ 497.09 24 1'365 :62 25 '102.96 27 846.72 �0 44 46 3003 5 6451 10 494-90 4 1 1,290.44 19 .625°37 15 775015 22 155.61 24 1'365 :62 25 '102.96 27 846.72 �0 44 46 943 :09 3'595.60 1,553.96 4� 50 51 934: 42 912°972 5,232.43 52 8,992.60 53 5,493°77 $8,080:44 56 497.00 $ 19168.80 57 1.066.98 97 2. 1 681080. 20235-78 $ 118.60* 4.96 113. * 444.04 1�1436.64 41621-78 111.60 549.20 9033 41 41646.19 24.85 521:85 273.35 $ 11050.20 55.16 11105-36 265.20 1.071 2 94 56-57 .1.128.11 411.88 6- 29122.14 T-2-1404-38 531389-37 T-2-6-9774.62 6 258.2T $ 21500.00 00.00 49703.26 69 .22 b 88 N N .50 840.16, 714.61 23,856.51 -61- Certified to County for Cancellations Balance Interest Collection Collected and December Total Spread ---------------- -------------------------------- Total in 1953 ------------------ by Village Adjustments 31, 1952 ----- 23.46 $ 520.55 492.67 27.88 -o- 15.43 324.16 324.16 -0- 31.61 677.42 663.86 13-56 -0- 4 945-76 945..76 -0- 2�:OR 519.64 519.64 -o- 4.52 941.96 94.96, -o- 64.76 11360.11 1,360.11 -o- 18.82 644.19 644.19 -a- 38-75 813-90 426-32 387-58 7 .78 163-39 85'.58 77.81 75.63 11�88.32 831.9? 756.35 68028 11 33.90 751.09 682.81 5.14 108.10 56.62 51.48 3.69 707.65 370.67 �336.98 4 2.03 882-75. 462.39 420-36 36-15 759.27. 397-71 361 -0 56 47.15 990.24 518.69 471.55 188.86 32966.21 21077.53 1 888,.68 29-78 625-38 327.58 297-80 72.43 11626-39 796.81 105,20 724-38 0.56 641.86 336.21 305.65 6-72 .981.14 513 g. 467.21 15-98 335-70 175.84 159.86 45.64 958.56 502.10 456.46 261.62 51494.05 2)877083 2,616.22 444.04 1�1436.64 41621-78 111.60 549.20 9033 41 41646.19 24.85 521:85 273.35 $ 11050.20 55.16 11105-36 265.20 1.071 2 94 56-57 .1.128.11 411.88 6- 29122.14 T-2-1404-38 531389-37 T-2-6-9774.62 6 258.2T $ 21500.00 00.00 49703.26 69 .22 b 88 N N .50 840.16, 714.61 23,856.51 -61- 1) (ContId) Balance Assessments Spread January Supplement Construction Reserve for 11 1952 Assessment Costs Contingencies - - - - -- -- -------------------- - - - - -- ----------------------- - - - - -- --------------------- ------ ---------------------------------------------------------------------------- PERMANENT IMPROVEMENT REVOLVING FUND (Copt °d) OILING- Street- improvement No. 0- 1 and.0-29 0- 2 0- � and 0 -21 0- 0- 6 0- 8-and 0 -31 0 -18 and 0 -30 0 -19 and 0 -38 0 -23 0 -24 0 -25 0 -2 0 -2 0 -32 0 -33 0 -37 0-39 0- -o- -o- OTHER Weed eradication TOTAL PERMANENT IMPROVEMENT REVOLVING FUND $ 236.16 141.86 494.43 227.69 324.82 279.79 223.8 209.6 lo8.95 234.22 46.04 81.96 43.86 76.37 12770.40 x+.14 353.75 3,327.1 -O;� ..,�_°= 161.32 $148",205.97 $89i080.44 $ 9;025.33 $ •73* .73* e 73* •77 9.21:* .74* .74* .26 .76 .76 .76 .76 e73* 68 . $ 112.82* RSTTSSERIES IMPROVEMENT FUNDS CURB AUTTER Street Improvement No. B -1 $ 1, M.81 .87 B -2 _ SIDEWALK 293 •70 6 -o -o- a -o- S- Street improvement No. D -1 $ 392.91 $ -o- $ -o- $ -o- SANITARY SEWERS District No. 3 Truck Sewer No. B -1 WATER MAIN ater main No. 21 GRADING Street improvement No. C -2 BLACKTOPPING' treat mprovement No. A -1 A -2 A -33 A- �+ TOTAL 1 ?50 FIRST SERIES ROVEMENT FUND $ 3,628.80 11,559.12 e 979127.1 -o- $ 29998.76 $ -o- $ 79246.79 $ -o- $ 1,2432.8.18 6 ,l . 0 -o- $118,291.17 $ -o- $ -o- $ -o- -o- $ -0- $ -o- $ -o- ------------------- - - - - -- - Certified to. County for Cancellations Balance Interest Collection Collected and December Total Spread Total in 1953 by Village Adjustments 31, 1952 2 R6.93 $ 236.93 $ 236.93 - 1.13 141.13 141.13 493.70 493.70 483.92 $ 9.78 226.96 226.96 226.96 324.09 324.09 324.09 280.56 280.56 280056 214.64 214.64 214.64 210.40 210.40 210.40 108.21 108.21 108.21 2 3.48 233.48 233.48 46.30 46.30 46.30 82.72 82.72 82.72 44.62 44.62 44.62 77.13 77.13 77.13 121.16 12�4-97 1.16 121.16 79.97 49.90 44.90 4e 1 40 1 40 1 21.41 -0 37321.41 5 31311-63 9.7 -o- 162e00 -o- 162.00 162.00 _o_ _o_ T $ 8;912.51 6 7 ;75756 $ 172 ;956.48 $ 57,209.82 $ 947.44 6 4 ;945.87 $ 94.32 $ 2,060.19 $ 72 .11 $ 79.50 20. 4 422.97 1.42 -o- 114.-46 6 27483-16 77. 3 79770 -o- $ -o- $ 19.33 $ 412.24 $ 150.30 $ -o- $ -o- -o- -o- o-- -o- -0- -o- -o- o-- -o- -o- -o- -o- -o- -o- 6 -0- -0_ $109 ;853.35 $ 11257.58 268. 17526-13 $ 261.94 $ 174.24 $ 3,803.04 $ 609.84 $ 144.00, 6 31049.20 577.95 .1Q29137.07 2,Q022.884 102114.23 8 � 3 e 2 160 4 V o V l 2l392.7 0 0 0 ✓ -o- ,729. 1 6 101, 6e6 151446.49 2, 36.7 6 -o- 3, 71. 1. $ -o $ 144.00 $ 3,142.76 $ 504.00 $ 118.80 $ -o- $ 29519.96 $ -o- $ 362.29 $ 71609.08 $ 7,609.08 $ -o- $ -o- $ -o- $ 62.16 $ 11305.34 $ 476.55 $ 828.79 56.64 ,189.50 434.26 77 5.2 2160 8, �go 6 8 1,665770 55 2,82.3 2. 6 1 .l VLe 2 28eb .o_ o . . -o- -o- 7-70195.03 $ -o- $ 5,777.43 $ 1242068.60 $ 277959.08 $29735.05 $ -0 6 93,374.47 -62- (Copt td) Balance - Assessments.._ January Supplement Construction Reserve for 12 1952 Assessment Costs Contingencies _ _____________ 1950 SECOND SERIES IMPROVEMENT FUND SANITARY �SEffLS ,District No. 25 71929.94 27 7,660.80 � 219128.63 � 4.97 28 101880.36 29 2.612 WATER MAINS Water main No. 22 24 2E 27 GRADING Street improvement No. C- C-4 C-5 C -7 C -8 BLACKTOPPING Street improvement No. A- 7 A- 8 A- 9 A -10 A -11 TOTAL 19.50 SECOND SERIES._ IMPROVEMENT FUND 1951 FIRST SERIES IMPROVEMENT- P'UND= SANITARY SEWERS District No. 30 31 32 WATER MAINS Water main No. 28 29 31 3332 3�+ 36 2910 3.31 -OQ 6 21,12 .97 . $ 21855.83 2,265.06 38,747.45 8,221.38 41068•$$ . 627720-76 -o- -o- -o- 258.88 919.50 509.86 663.60 44. 6 2 96.20 -o- 6 -0:-- -0- $ -o- $ 654.09 $ 2.29* -o- 296 6.51 743.00 -o- 31515-95 15-53 -o- 11924.17 9.62 -0- 11.711.81 46. _o- 5 -0- 20 2,-55,3 8 12. $ 942300.27 $ -0- 412581.18 $ 817.80 -o- $ 99032.15 $ 2.89 1,393.00 -o- 1.268.68-, 6 1,393-00 6 -o- 12,300. 3 4 . 16.65 $ 10,054.87 3,021.91 3,441.82 7,105.21 -o- $ 12,732.45 $ 10.72 2,968.03 -o- 197779.82 335.95* 3,899.90 44287.10 4 1 307491-74 -o- T367799-37 6 320.52* Certified to mead County for Cancellations Balance Interest Collection Collected and December Total Spread Total- in 1953 by Village Adjustments -31, 1952 .. $ 396.49 8 8,326.43 $ 12387.73 62938.70 $ 212133.60 17042.32 22,175.92 3,027.68 $1,280.00 172868.24 383.o4 8,043.84 1,340.64 6,703.20 520.72 11,401.08 1J822.53 481.20 $ 5.35* 9,102070 110.56 2.742.77 456.96 1.00 2 84.81 21,133. 0 2 13 73 6 529690.04 T -B ,03 . 1,7 2.20 .3 *U-727997-65 6 142.79 $ 21998.62 $ 499.77 6 27498.85 113.25 21378.31 396038 1,981.93 19893.29 4o,640•74 69626.52 $ 881.6o :332132.62 411.04 8,632.42 11438.65 .54 7,193.23 303.40 69371.56 19061.92 5,309.64 -o- 228.14 39Q91.91 4.791.02 6 798.5o 10,621-.-74 2 - U ®o® 1.992.52 ,10 .79 5 6 5-9 B-1-2-.67- $ 12.94 $ 271.82 6 271.82 6 -o® 39.29 958.79 825.04 $ 133.75 -0- 25.49 535.35 535.35 -0- 33.28 696.788 696.74 -0- -0- 6 2,3 .33 133.7 * 1.09 *' 97.33 2,61 .32 6 ll .12 6 651.80 6 34.22 $ 686.02 $ 164.58 $ 521.44 393891 - 152.60 , 3,542.11 - 830.50 22711.61 31531. 8 185.50 3,716.98 891.80 21825.18 11933.79 101.64 2,035.43 488.40 19547.03 11 8.80 518.14 12.276 . 4 20818.51 6 1 4 8.806.49 E21 8265.3b 2.10 8 22 25 53123.79 1. -0- 1 11 e $ 42,398.98 $ 61675.26 $ 143,374.51 $ 26,435.40 $3,430.03 $ 6.44 *$1139515.52 $ 9,035.o4 $ 51o.70 6 91545.74 $ 11414.20 $ 8,131.54 69.74 12462.74 224.52 - 1,238.22 1.282.44 18 0 1.468.i4 514.14 2 4.20 122317. 766-34 149476.82.6 2115 6 -o® 5 122323.9 $ 465.05 $ 10,519.92 $ 1,498.51 $ 753.75 $ 89267.66 .151.09 31173.00 486.86 29686.14 172.09 3,613.91 554.51 .31059.40 355.26 71460.47 19 144.73 6,315.74 $ 12,743.17 720.73 13,463.90 1 ,995.05 112- 468.85 148.40 31116.43 478.18 2,638.25 192443.87 836.53 20,280.40 2,780.92 17,499.48 178.22 41078.12 572.80 348.66 31156.66 4.291.81 242.66 4.514.47 671.84 862.6 36, 7 . 3,270.03 70-240.62 , 10,1 3. 0 1.,1.02. l -0- $ 58,95481 3 .. O I' *11 1951. FIRST SERIES IMPROVEMENT FUND GRADING Street improvement No. C- 6 C -10 C -12 BLACKTOPPING Street improvement No. A -12 TOTAL 1951 FIRST SERIES IMPROVEMENT FUND I SECOND SERIES IMPROVEMENT FUND CURB AND GLITTER. Street improvement No. B- B_ BB- �6 B. -7 SANITARY. SEWERS District No. 3 35 39 STORM SEWER Storm sewer Noy 19 WATER MUNS Water main No. 37 338 1+�0 GRADING Sheet improvement No. C-13 C -1,5 BLACKTOPPING Street improvement No. A-14 A -15 A -18 A -19 A-20 TOTAL 1951 SECOND SERIES IMPROVEMENT FUND TOTAL 8 - DEFERRED (Copt °d) Balance Assessments January Supplement Construction Reserve for 11 1952 Assessment Costs Ccr±.ingenri.e.� (Conn° d) $ 1,892076 $ 577047 $ 2.66 *$ 2.66 -01- 96Z. 2 111-.18 2, 70023 -o- 9650 1 o t- _om -o- 30895.81 063 $ 34,354.97 $ -6- $ 53- ,961007 $ 286040* $ 2, 627.42 $ 5.28 49310.26 860.4* 2,744.79 5080 21155028 591* 3.019.72 024 -o- -o- T-14'9-8-777.- 7 71-63 $ 37068.59 $ .ol* 99403072 11030 61+1605070 6,75908 103,614.59 5,052070 1.450.23 212.2 * -o- 6 -o- S11W3 142. 3 603-64 $ -o- $ _o- $1601450098 $29298095* $ 8,982083 $ 5020 101485019 7.89 577823027 7051* 4.580.05 U -om 1, 71a3 4 F---'6.53 $ 19305044 $ 5067 1.208.20 ...041. —o- -o_ 37 2, 1306 700$ $ 29384.81 $ 0 90* 21576065 2038 1' 573 ..4.8 16.1 660 2000 0 -o- _0 3 20631. 205.24 -0- $ -0- — $451A487.66 99452061 $395,152038 0,080044. $5561055.21+ $99,871019 Note A - Represents co.rmects charges due Joint Sewer District No. 1, to be paid as special assessments are collected $56, 618 a 52* Less construction c®sts assumed by General Fund $ 41864072 Less cancellation and miscellaneous adjustments 74.71 4,939043 TOTAL $513679-09* *Indicates red. figure. -- _- -_ -__- 39068.58 $ 241010 $ 3, 09°68 $ 667036 9,41 002 42420 939022 1.365.70 71,.6078 3,941062 75 ,306040 13,1,02031 $ 452000 108,66729 6,1��5-;�4 11�t,84;3oO 20,515051 1.211.00 4. .44 0 4 468. 195, 7 6067 10,92 010 20HR '.`!7 36,11g0 �2 2000 $158,152°03 $ 6,81.5 -i.8 $ 1.649967.21 $ 22,626.76 $ 36022 $ 1,194000 *: 20,694°13* 31+9730-39* 5,1.05 *; J9836032. ,473, >52 82,416.22 129,05791 2.907-90 22 , 72.10 7 $ -om 6142,304.23 $ 8198803 $ 4'9653 $ 99484056 $ 1,861089 Certified to $ 7,419067 9844.3.77 S, ead 10,965 °73 60.305.51. T 19521.96 89271.32 County for Cancellations Balance 206.28 396 1 4 0 $° 2,8 51 Interest 203000 Collection Collected and December Total. Spread Total in 1953 by Village Adjustments 312 1952 $ 498033 4 $ 33-15 $ 90064 $ 1,983040 997.02 $ 80.00 , 1. 264. 6 �D,64,z 906038 $ �,o�A 81.0 o 28087 n88 606.34 11037,78 317°61 8 a18 $ 2,504007Q 2Ta4e8 $ 555 1.6 661065 288-73 654.60 $ 19740002 2,063023 19�a 1,5039 39 2°7052 11 97� 1. O000 ®o® V-1,-U49-71 826044 2,20.ZO 4,11.E -1.4 929099 137037 23 11 -0- 1 1.1..701 $ 53,674,67 $ 49432046 $ 929462010 $ 15,034006 $1,182041 morn $ 76,245063 $ 2,632070 $ 156.82 $ 2,789052 $ 68036 $ 9.3 .1026 $ 21106..16 $47,.375-15 4,224002 i,9ou,18 494.14020 1903498 39379022 21200-47 ?�7 Oa59 2y149o3�7 1.51,025 121ro51. 2,,go/1i.08(4� 213270.88 70103'7 551038 11.,719.150 1.048.96 6 °Z -.24 1.216.90 7 ff.2- -.9'7744 ®o _ ®o_. G 11, 0 2 3 T--27,—,5 93 0 3'E 7 7.70 1, 805-.-64. 39068.58 $ 241010 $ 3, 09°68 $ 667036 9,41 002 42420 939022 1.365.70 71,.6078 3,941062 75 ,306040 13,1,02031 $ 452000 108,66729 6,1��5-;�4 11�t,84;3oO 20,515051 1.211.00 4. .44 0 4 468. 195, 7 6067 10,92 010 20HR '.`!7 36,11g0 �2 2000 $158,152°03 $ 6,81.5 -i.8 $ 1.649967.21 $ 22,626.76 $ 36022 $ 1,194000 *: 20,694°13* 31+9730-39* 5,1.05 *; J9836032. ,473, >52 82,416.22 129,05791 2.907-90 22 , 72.10 7 $ -om 6142,304.23 $ 8198803 $ 4'9653 $ 99484056 $ 1,861089 $ 203.00 $ 7,419067 9844.3.77 101493008 57, 81,5076 - 472065 2,489.75' 10,965 °73 60.305.51. T 19521.96 89271.32 52,03419 4 9 $' 00 206.28 396 1 4 0 $° 2,8 51 664 8 1.2,319055 203000 mo® 4,..1.22.9Q 73,02.0 3 $ 17311.01.1 $ 72,35 $ 13383.4.6 $ 498033 4 $ 33-15 $ 851. 8 806�� 202.6:1. 21520-72 �0 1.26090 , 1. 264. 6 �D,64,z 0 9560 3315 �o® U'°"1� „39 $ 2138.3.91 . 410 $ 1y2�0.16 14 085 7,045 $ 2,504007Q 2Ta4e8 $ 555 1.6 661065 $ 20889 $ 19740002 2,063023 19�a 1$.346., ° °�1 "9 1,42008. 34373 5600 6- 2502:5 4:1.64. 58508 1.011.07 137037 23 11 771.94 04 2063Z.34 6 91 S 6.102.76 - 60.��t�00 ?7 622 73 04 4 672071 $ 77 705067 $ 9.3 .1026 $56 618052* 46 0652.30 $565,926.43 $47,.375-15 61,01.6,534_40 $204,34403 $99228_19 $51679009 *$854,641_27 (A) ®64� DERMA NT IMPROVEMENT REVOLVING FUN UU IM (it TER wing Avenue SANITARY SEWERS District Noe 3 Drew Avenue - West 59th York Avenue - West 55th STORM 'SEWERS Storm sewer Noe 12 14 16 WATER MAINS Drew Avenue - West 59th Virginia Avenue.'Addition to 60th Street to 1,54 feet North to 60th Street GRADING Brookside Heights John's Street - Maloney and Belmore Lane Virginia Avenue Addition Parnell Avenue West 60th Street - France and Xerxes. BLACKTOPPING Woodland Road West 49th Street Wind Road York Avenue - West 58th to 59th .Street OILING STreet improvement No. 0- 1 0- 2 0- 0- 0- 6 0— . 7 0— 88 0 -11 0 -12 0 -N 0 -1 Balance o n January 19 1952 Contract $ 1,503.85 1,27590 3,299: °6 1,059.70 i9407 298e755 '9Oo20 133-84 141.13 181: 6 226 e 6 324 :09 222:00 288:74 I42: �O 132 e 62 1 :28 130.28 1, 11.50 IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS - CURRENT VILLAGE OF EDINA Year ended Deaembez 31, 1952 ------------------------------------------------------------------------- ------------------------------------------------------------------------- and Additions Total Engineeting Other .,Total 6 314s8o* $ l'ii2o3o $ .86 $ .86 29.92 29.92 13.50 13.50 I 1,503.85 .. 1, 5•90 1.63 3, 303L. 09 13.48 13.48 22.30 22.30 4.74 2.54 11066.98 5.19 5.19 1 . 5+ 3A.61 .61 . 180.42 180. 2 11028.77 2,35.94 2.53 312,10 .71 63.77 2.53 1,68.80 79 .79 73 141.86 036 181.72. •73 227.69 •73 324.82::` 222.00 2.88* 285.86 142 50. 25.00 157.62 1.28 130.28 _ Transferred to Other Funds Permanent Spe vial Balance General Improvement Improvement Assessment December Transfers Fund Revolving Fund Funds Funds 31, 1952 $ .86 29.92 13050 $1,503-.85 19361.6 0 $3,301.09 13.48 22.30 1,066.98 5.19 1 0 180.42 $ 210.56 1,239033 ✓ 37210.71 11168.80 .79 134.20 141.86 181.72 227.69 . 324.82 222.00* 98.90 186.96 301.31* 142.50* 157.62 1.28* 130.28* PERMANENT IMPROVEMENT REVOLVING FUND (Cont'd) OILING (Cont 1d) Street improvement No. 0 -15 0 -16 0 -17 0 -18 0 -19 0-20 - 0 -21 0 -22 0 -23 0 -24 0 -25 0 -27 0 -28 0 -29 0 -30 0 -31 0 -32, 0 -33 '0-35 0 -36 0 -37 0 -38 0 -39 0- O 0 -41 Brookview Avenue Yvonne Terrace Woodland Road Windsor Avenue Edinbrodk Subdivision Kent Avenue Kellogg— 58th Street to Valley View Lexington Avenue OTHER Weed eradication TOTAL PERMANENT IMPROVEMENT REVOLVING FUND Balance C o January 1, 1952 Contract. 130.28 106.25 281.67 34.68 127°42 131.52 312.34= 157.53 108.21 233048 92.40 29.94 64.81 1.29 1.30 1.29 556.29 75.25 15,631-13 $ 1;958.92 IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS - CURRENT (Cont'd) ---------------------------------------------------------------------------------------- A d._ d i t i o n s -t r a c f o r A=1nistrative Extra Work and and Additions Total Engineering Other Total 313.92* 6 11645.00 T 30 . _ 99.88 3.61 .• 37 99:74 46.04 243.78 43.86 101.96 89.29 92.83. 76.37 238.89 3.24 1.07 79.21 78.*61 44.14 131 75 s 1.28 145.75 76.43 12.75 6 2 222_ o 0 130.28 106..25 281.6,7 134.56 131.03 131.52 312.71 257.33 108.95 234.22 46.04 243.78 43.86 101.96 89.29 92.83 76.37. 238.89 3.24 1.07 79.21 78.61 44.14 131 e 7 5 1.28 92.40 29094 210.56 77.72 1.30 1.29 556Q.29 88.00 161. 19, 07.1 2 Transferred o Oth r `Funds Permanent Special Balance General Improvement Improvement Assessment December transfers Fund Revolving Fund Funds Funds 319 1952 _-------------___------_------__----__--__----- ____--_______-- _______ - - -__- - - - - -___ 130.28* 106.25* 281.67* 6 134.56 131.03 131.52* 312.7 25733* 108.95 2j4.22 6.04 81.96 161.82 43.'86 101.96 89..29 92.83 Q 76. ) 7� 118049 120.TV 3.24 1.07 79.21 78.61 44.14 222.00 353.75 1028 92.40* * 210.56*. 77.72* 1.30* 1.29 556.29* 88.00 629240.07* $29176-77 161.12 9,02 .33 69,025-33' 6 4061.12 -66® -- �� -- -- --- �-- ��-------- �- ��- ��--------- �----- - - - - -- - - - -�- -� - -- was------ �-- �- ��- - - -M -� Balance C o n January '12 1952 Contract 1950 FIRST SERIES IMPROVEMENT FUND. STORM SEWER Storm sewer No. 18 41124.81 1950 SECOND SERIES IMPROVEMENT FUND SANITARY SEWER District No,-26 $ 41.07 $ 221578.25 BLACKTOPPING Street improvement No. A- 5 27.84 A 6 21341.61 A' z 528.10p 82.32 A- tS 21644.88 A 9 21970.64 611.36 A -10 11540.64 279.97 ,. A -11 4 8 415Q.30 TOTAL 1950 SECOND SERIES IMPROVEMENT FUND 6 191523-11 6 28,115.20 1951 FIRST . SERIES IMPROVEMENT FUND _ STORM SEWERS Storm sewer No. 20 $ 746.73 21 71498.89 =SANITARY SEWERS District'No. 30 91030.24 32 21945.21 $ 782.07 WATER MAINS Water main No. 32 121097.80 34 201937.66 36 31859.02 261.80 GRADING Street improvement No. C- 9 .21612.39 C -10 -C -11 89.90 C -12 96 .14 BLACKTOPPING Street improvement No. A -12 64 .46 - TOTAL 1951 FIRST SERIES IMPROVEMENT FUND 59231.44 110 3. 7 IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS ® CURRENT (Cont'd) A d d i t i o n s t r a c t o r Administrative Extra Work and and Additions Total Engineering Other Total 4,124.81 6 2,746.25* S 19,832.00 6 623.95 6 631.61 21,128.63 27.84 17.50 2,359-11 32.00 114.32 9.14 2.53 654.09 502.56 40.21 2.5 3;516.95 lo8.8o* 72.80 352.77 28.22 2.54 1,92.17 2404 21 8 162.05 1.62 1'.8 1200.70* - 22,91 050, 6 bbb.05 642.47 431968.13 Y 56.72 p 003.45 36.54 457-54 79992.97 1.91 99032.15 S 483.89* 298.18 21.93 3.36 31268.68 583.08 583.08 46.63 4.94 12,73264.5 1,390`08* 1,390°08* 224.23 8.01 199779082 129.92 391.72 33.01 3.35 49287410 85.20 2,69759 2.66* 2066* 16.77 131.17 1,043.84 .3.58 967072 20. 1 20.11 84 e8 8 .8 930-66* 113.01 �3, •:7 617.69 .6 66,496.92 ------------------------------------------------ - - - - -- - - -- - - - - - -- - -- - Transferred to Other Funds' Permanent Special Balance General Improvement Improvemgnt Assessment December Transfers Fund Revolving Fund Funds' Funds 31, 1952 ____ ____ ____ ____ $ 4,124.81 $ 219128.63 _ 8 27.84* S .29359.11 654.09 296 .,51 3,515.95 1,924.17 -2 �* -o- -o- 1, 1.1 -o- 2,3 9.11 6 803.45 7,992.97 9,032.1 31268.6 12,732.45 ,199779.82 49267.10 2,697-,59 2.66* 1,043.84 967.72 4- o — -o- -o- 5 3,9 1.07 .. 6 12,537-85 -67- Balance C o n January 19 1952 Contract ------------------------------------------ 1951 SECOND SERIES IMPROVEMENT FUND CURB AND GUTTER Street improvement No. B-3 $ 29628.54.' B -4 57942.14 B -5 29859.54 B -6 2,306.61 B -7 39213.82 SANITARY SEWERS District No. 333 3,065..63 34 7,461.70 $ 3�3 5.96 -35 421175.01 20, 5'+7.72 36 79.69 70,890.16 37 11,011.6 729942.60 3 26. 2 39799.45 39 29806.01 11110.15 40 2,376.16. 2,362.35 STORM SEWERS Storm sewer No. 19 292"78 1139148.06 Oak Drive 8,930.43 WATER MAINS Water main Igo. 37 89424.92 38 89603.72 l,0ol.4o 39 23,652.92 299765.66 40 49075.32 637.43 41 26.02 2,986.80 .Ewing and Drew 1.08 GRADING Street improvement No. C-13 19301.86 C -15 566.40 612.50 C -16 4•.41 C -17 762.54 C -18 968.31 132.65 BLACKTOPPING Street improvement No. A -14 2,138.59 19627.54 A -15 29550.67 769.61 A -16 7.31 19727.23 A -17 8.46. 1,738.02 A -18 1,318.28 792.00 A -19 545.02 405.25 Beard Avenue A -20 12. 8 689.85 0 TOTAL 1951 SECOND SERIES IMPROVEMENT FUND $150,7M.2 $3289022-39 n . IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS ® OURRENT (Cont'd) t r a c t-o r Administrative Extra Work and and Additions Total Engineering Other Total --------------------------------------------------------------------------------- - - - - -- 9/ 4.74* 9Y 3.62 29627.42 5.46 69.85 61017.45 5.25 21064.79 4.17 21310.78 3090 39217.72 .6 * 3.59 39068059 $ 11461.19 6 11797.15 143.24 1.63 91403.72 201547.72 11656_.41 226.56 641605070 701890016 51691..42 266.29 761927056 11,133.92 841076.52 61$50.92 11675.39 1031614059 21056 -53 59855 98 4680438 2.34 69353.62 3010 41607°70 295589 ** 21066.46 165008 261204.44 1391352.50 111179.71 695.56 1511520.55 81930.43 �53* 558.44 81982.83 739.71 11741.11 138.73 1.63 10.9485.19 11121.95 301887.61 21526.3$ 755 :28 571822.19 224.9o* 412.53 35.5,33 56.67 41580.05 21986.80 242.04 41.12 31295.98 1.08 .22* 3.80 11305.44 19.20* 593.30 46.87 1.63 11208.20 25.12 315.68 345.21 762.54 35030* 97-35 7.79 3.62 11077.07 V 11413.39* 214.15 17.19 14.88 21384.81 748.61* 21.00 1.68 3.30 21576.65 48.97 11776;.20 142.57 14.92 11941. oo 81.97* 11656.05 -136.77 53-52 11854.80 770.00* 22.00. 1.76 3.69 1134573 395-95* 9� 30 689.85 .75 5.19 2.41 2.41 55748 766.73 $38,265.57 - $366,287-93 $29,628.TO 4 179 .2 11 Transferred to Other Funds Permanent Special Balance General Improvement Improvement Assessment December Transfers Fund Revolving Fund_ Funds Funds 319 1952 $8,930.43 .8,930.43* $ 2,627042 $1,707-19 4,310.26 120.00 2,744.79 155.50 29155.28 178.00 39039.72 3; 068.59 9,403.72 64,60.5.70 . $ 76,927.56 103,614.59 3,450.23 6,.353.62 4,607.70 160,450.98 89982.83 10,485.19 1.08 54'80005 15 3,295.98 1.08* 1,305.44 1,208.20 345.21 762.54 12077.07 2'S 6065 .._ 19941.06 ` 1,854.80 / 3 1'557°48 766.73 -o- $29160.69 6 -o- $4519487 -0-- 9-71826.91, -68- Balance C o n January 9 _1952 Contract EIRST SERMS IMPRQUWaNT FjjND CURB AND GUTTER Street improvement No. BB- q8 $ 1.62�59 7 q o Bmlb 3 ;662069 B -12 39854.00 �B ®13 795040 SANITARY SEDERS District No. 41 42 44 45 - 46 49 WATER'MAINS Water in.ain No. 42 44 46 48 49 50 51 GRADING ZTF—eet improvement No. C ®19 and C ®28 C ®21 C ®22 C ®23 C-24 C ®25 C-26 C ®27 C ®29 C-30 C-33 C-34 0 -3 5 C ®36 19648075" 79927-52 4 9 21180 99723.37 29469.91 . 2189043 69160041 3024. 88307000 '3,928.5o 89606000 5 8' 53 0 3 9 8410 io 39890000 19064059. 58144al 249311095 240.00 19161.22 29280040 707°08 19 896. 80 99118090 1.9157..64 159216080 298��035 0 1 1.. .. IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS ® CURRENT (Cont °d) t r a c t o r ° A=inistrative Extra Work and and Additions Total Engineering Other Total, 6 156.90 59656.70 467.30 204061 $ 6,330.23 554.73* 3,984.94 319.60 54.72 4,359.26 39662.69 329.86 486.69 4,479.24 191.2 * 39662.75 309.533 232.78 4,205.06 101.94* 693.46 55.48 15.63 764.57 3455.75* 19293.00 103.44 27.91 1,424.35 213 8.35* M9.17 446.33 31.96 6y057.46 75.00 ,286.80 342.94 32.52. 4Q662.26 9,72-3-37 777.87 25099 10,527.23 2,469.91 207.46 146:44 2,823.81, 2,189.43 .176.54 48.43 2,414.4o 6,160 :41 492.83 15.55 6,668.79 89307.00 667.17 49.08 9,026.49 190x00* 3,738.50 299.08 27.13. 49064.71, 89606.00 688.48 24.07 N18.55 46.75* 5,406.55 433.90 45. 1. 85.96 6.o6 3,847.86 307.83 31.42 49187.11 89.50 3,800.5o 3o4.04 85.17 29. 49134.25 1,064.59 32.8 x,1$2.64 51144.11 411.53 NO 1,5.55 5,571, -19 47. 2 48.92 58287065* 19,024.30 19521.94 31.70 20,577994 24o.00 50.51 436.38 726.89 1161.22 94.55 667.17 19922.94 35.08 44.52 480.60 21280.40 205.18 31 .09 2,799.67 843.12 19550.20 124.Q2 24.56 1,698.78 1,896.80 152.54 41.77 2,091.11, 920 -32' 10,039.22 820.73 263.31 895.889 11,1.23.26 68.88.1 964.70 25.34 25-34 l,l57.64 95.41. 1,308.61 455.56 19217.34 26.49 16,460.63 571-55 ,15,216.80 3,353 25 295.66 302.99 3,951.90 839.25 1,664.60 133.17 19.34 19817.1. •--------------- - - - - -- .� Tran fgrred to Other Funds Permanent ..Special Balance General Improvement Improvement Assessment December Transfers Fund Revolving Fund Funds Funds 31� 1952 69330023 4g359o26 4 z 79.24 9 245.06 .7640 57 1424035` 69057046 49662026. 105270231 29823.81 28414040 68668079 9026049 49064-71 064.71, 99. 918-55 5,85.96 45187-11 4�1 4025. 1.81 2064 5571019 48.92 209577.94-_ 726089 1V922.94 2979967 11698078 28091811 118123026 9250 34 18308061 43070 169460063 3951090 1$817011 —69— 1952 FIRST SERIES IMPROVEMENT FUND (Cont °d) UR on - Street -improvement Noe C-37 C-38 BLACKTOPPING btreet improvement Nos A-25 A-29 A -30 A-31 A ®32 A -34 A ®35 A -36 A-38 A -39 A -4o A-41 A -45 A-46 PAVING Street improvement No. Em1 TOTAL 1952 FIRST SERIES IMPROVEMENT FUND PROJECTS TO BE FINANCED CURB AND GUTTER .Street improvement No. B-11 B-14 SIDEWALK Sidewalk rep4ir STORM SEWERS Beard Avenue West 60th Street SANITARY SEWERS District No. 50 51 52 53 Balance o n January 1, 1952 Contract 10o8 $ 49920068 3,017009 39295033 2,4610 3 2,004033 29209°26 19419 J7 19585. 7 2,876088 10,769056 11,399 96 29964081 2,gig. 89 911.00 68.661.10 $2829279.65 $ 119695032 19614.55 IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS - CURRENT (Cont'd) . and Additions Total I . Engineering Other Total $ 2,07513 24 41* 7,203.00* $ 61995.81 $ 685.59 3,017.09 255.57 3,295.33 266°83 29461. 3 198.51X 2,004.33. 161.95 21209.26 182.74 1,419..7 148.24 2;876.88 236.47 10,769.56 863.16 11,399.96 916.51 2, 238-78 9174.89 55 6� 9915 8.00 .736: 6 8 8 4 275,107 .�j 520001-32 $ 11,69032 1, 61 .55 $ 1,603.24 21.42 20.54 192.22 57.87. 2.84 46.85 85.36 448.99 62.64 124.25 75.83 125.83 44.25 71.86 68.49 4,98 In. 2 13 -92-957-7 $ 21.79 16.60 61.45 3383 23.88 $ 948.90 223.1 129.16 11. 6 26.44 1,838.97 99284.64 21.42 21.62 3,464.88 3,620.0 2,702.79 2,213.13 29477036 2,016.60 11779-38 3, 237 60 11,708.55 12,442-30 3,247. 84 3,227040 9,963.13 71.621.15 309,179.47 21.79 16.60 61.45 33.83 23.88 129867073 1,75517 26.44 1�83897 TraxLgferZed to Other Funds Permanent Special Balance General Imnrove0at Improvement Assessment December Transfers Fund Revolving Fund Funds Funds 319 1952 -------------------------------------- ---------------- 120.24 281.67 106.25 948.37 .257-33 U1,713-76- ate $ -0- U -0- .- 9$284.64 21.42 21,62 39464.88 31620.03 2,823.02 21213-13 Z9759-03 21016.60 19779-38 39343.85 11,T708-55 13 390. 67 39505.17 3x227.40 9 T 963-13 71.621.12 I F31-O-,-8 93 - 3 3 21-79 16.60 61.45 33.83 23088 12,867.73 .2-2755-17 26.44 158381-97 -70- PFOJECTS TO --RE FINANCED (Contud) - P- --- TER MAIDS WaTer main No. 52 53 51+ GRADING Street improvement No. C-14 C-31 C-3.2 C-39 C-40 51 S t to 52nd S tre Oxford Avenue - et BLACKTOPPING Street improvement No. A-13 Colonial Grove A- 2-1 A-22 A-23 A-24 A-26 A-2V- A-28 A-33 A-�7 A- 2 A-43 A-44 A-47 A-48 Third Addition C' - q Balance o n January 19 1.952 Contract ---------------- 21-72 3.24 3.24 9.35 3.24 1.62 $ 29198.00 49291.0 68 25361.00 STREET LIGHTING Arden, Avenue ®. 50(th to 52nd Street TOTAL PROJECTS TO BE FINANCED 2. l 22.160.55 TOTAL $2559323-09 $6639580.58 ------- ----------- SUMMARY OF CONMCTI PAMqMS--, Prom construction in progress - deferred Less - Overpayments on contracts charged to Accounts Receivable , *Indicates red figure. a IMPROVEMENT FUNDS CONSTRUCTION'IN PROGRESS - CURRENT (Cont°d) A d d i t i o n. s t r a c t o r A d nistratiue Extra Work and and Additions Total Engineering 'Other Total $ 20044 182520 50 1. 271M $259890.00 $ 29218044 49291068 3613050 9 21.411M $6899470058 $6909916075 1 446 $689,470058 $ 177.48 343033 290068 32014 8.50 9038 11015 90058 20045 1. 0, $568060022 2a0 06 10.93 25-70 2.84 109006 421.56 73 57 3 0 g�. 4018 17082 4049 8008 114-30 118.91 141048 3.50 19155065 5.56 86079 255:65 2 $24,595079 2418098 48645094 25., 70 21.0 2 2.94 490130.24 453-70 73-57 30 85 4018 .t 3024 3.24 27017 3024 1062 8:0- 122.8o 128.29 152063 0 1824602 5.56 86079 7.75 276010 4 $190251449068 Transferred to Other Funds Permane#t 5pecial Balaace General Improvement.' Improvement Assessment. December Transfers Fund RevolvingFund Funds Funds 31� 1952 --- ----------------- ------- ------ ---------- 77 ----------- - -------- --------- 2,418.98 45-645:94 25-70 $ 21-72* 2.84 142.50 4,155.74 453,,70 73-57 3.93 85 4..18 3-24* oLL r--B 27.17 x 3.24 r 29.94 31 56 4:49 8.08* 122.80 128.29 152.63 3.50 Yx 1'30 9247-53 Y 400:75 4060 31 12.60' 99,-39 .7-75 4.62 —0— —0— —0— $49337.48 ------- --------- $95025.35 $547,029.91 $15503-85 $4639553--ll == ------- ----------- --------- ----------- IV e SANITARY SEWERS District Noo 26 32 34 36 37 38 40 41 44 +5 46 49 51 52 STORM SEWERS Storm serer . No.. 19 WATER MAINS Water main No. 32 36 38 40 41 432 44 45 IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS - DEFERRED VILLAGE OF EDINA December 319 1°952 nt No. B- 8 B- 9 B-10 B-11 B -12 B -1.3 Balance January Current 19 1952 Additions 19,832000 ,298.18 1,79715 21.9 875,, 63 712307.39 729942.60 30799.45 19110.15 293.62035 113,1.48006 583008. -3910 72 19741011 299765.66 412053 3 9 7410 5o ,499.80 9539.67 4,892089 39393020 39854000 795.40 19648°75. 71927.52 4'211.80 11'004067 5439.55 2957775 89580.68 289200-37 15787-55 29065043 9914805o .3,928°50 99426.83 55453.30 -72- To Current Balance Adjustments to Contract Construction CoAtracts December inter -run Under-run Transfers Canceled 31, 1952 Improvement Funds ----------------- 156.90 $ 5 6g6:70 -0- 19521 First Spries 554.73 ,, 9 4 94 3, -o® do 3,662.69 1,230.20 do 33393.20 Not allocated 191.25 35662-75, -0- 1952, First Series 101.94, 693.46 -0- do 191832000 -0- 1950., Second Series 298.18 -0- 1951, First Series 1�797.15 -0- 1951, Second Series 20,547072 17327.91 do 70,890.16 417.23 do 11433-92 84,076.52 -0- do 2�056.53 5 855.98 -0- do 5115.96 594.19 -0- do 295.89 2"066046 -0- do 3.35-75 19,293-00 20.00 1952, First Series 2,348035 5M9.17 -0- do 75.00 45286080 -0- do 9,723.37 1? 281-30 do 419.20 29469. 91 3 X088.8'4 do ?,1.89043 �388032 do 69160.41, 2,420.27 do 119695-32 16,.505.05 Not allocated 6.40 1,x614°55 2�079.40 da 26,7:1.401.6 139,352050 509.72 1951, Second Series 583.08 -0- 1951, First Series 391.72 70- do 1,741.11 -0- 1951, Second Series 1,121.95 30,87061 -0- do 412053 -0- do 2,986080 754.70 do 81.50 8 '507-00 923.00 1952,, First Series 190.00 A 9738.50 -0- do ,606000 820083 do 46-75 59406.55 -0- do -72- IMPROVEMENT FUNDS CONSTRUCTION IN PROGRESS - DEFERRED (Coat °d) Balance January Current 19 1952 Additions FOR VARIOUS IMPROVEMENT FUNDS AS INDICATED (Coot °d) MATER MAINS (Coat °d Water Main Noe 46 p Q 3,p841o8o 47 3,890.00 48 1,240.40 49 .8,080°52 51 24'311.95 9 52 27198.00 1,699030 GRADING. Street improvement No. C -15 $ 612.50 C -17- ,2,835000 C -18' 97035 C- 19.and 28 2,782050 C -21 29942050 C -23 41,675043 C -24 707.08 C -25 39289°67 C -26 9,118090 C -27 3 , 97+0 oo C -29 1,187°50 C -30 21948066 C -32 29361000 C -33 79141048 C -34 16,733.18 C-35 29781070 C -37 4,920068 C -38 574085 C -4o 536-35 B,LACKT OPP ING Street improvement No. A- 5 1,680°00 A- 7 114032 A- 8 6830,36 . A- 9 502.56 A -10 352077 A -11 -B 29112.85 A -12 230011 A -14 19627054 ------------------------ To Current Balance Adjustments to Contract Construction Contracts December Over -run Under -run Transfers Canceled 319 1952 Improvement Fund 6.06 3 847.86 $ 89.50 3 , 800..50 1,064.59 55144.11 51169.15 19,024°30 20.44 2,218.44 4,291.68 19.20 1 593.30 1,41339 17.4.32 502.56 352-77 25112.85 230.11 214.15 3,974000 7,141.48 -o- 97035 683°36 240°00 17 5.81 1,1.61.22 2,280.4o 13025-37 1 5 550.20 581920 95 1,896.80 15129.05 105039.22 -o- 19157.64 1252050 35613.50 11699.30 155216080 627.64 3,4o9.34 .839.25 19664060 3,122.o8 6$995.81, 1,41339 17.4.32 502.56 352-77 25112.85 230.11 214.15 3,974000 7,141.48 -o- 1952,. First Series 683°36 do 17 5.81 -o- do 581920 95 do 118.50 do, -o- Not Allocated 12792.32 do 11699.30 do -o- 19519 Second Series 25835.00 do -o- do 22542.50 19529 First Series 19781.28 do 2'182.25 do o 1,392.87 do 208073 do -o- do 15187.50 do 1'791.02 do -0- Not allocated -o- 19525 First Series 11516.38 do -o- - do do 1-0- 9046.95 574.85 do 536.35 Not Allocated 1,680.00 19505 Second Series -o- do 683°36 do -o- do -o- do -o- do -o- 19-51, First Seri s; -o- 1951, Second Series -73- `6 IMPROVEMENT FUNDS CONSTRUCTION IN ,PROGRESS - DEFERRED (Cont'd) ---------------------------------------------------------------------------------------- Balance January Curredt 11 1952 Additions ---------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------- BLACKTOPPING (Cont'd) Street improvement No. A -15 1,738.02 A -16 22.00 A -17 9.3O A -18 868.26 A -19 A -20 A -25 A -29 A -30 A -31 A -32 A -34 A -35 A-36 A -38 A-39 A -4o A -41 ],11.50 A -45 1,847.42 A -46 Wind Road West 49th Street PAVING Street improvement No. E- 1 H (Cont Id) 21.00 1,727.23 1,738.02 22.00 9.3O 868.26 8 8,057005 7,034.30 7,410.60 2,77075 3,217.96 3,650x00. 3,212.00 4,097.63, 4,614.98 18,003.10 19,177.44 187.80 4,249.00 12,286.04 ],11.50 1,847.42 68,661.10 TOTAL $362,301.65 $4179747.86 '------------------------------------------------------------------------------=------------- To Current Balance Adjustments to Contract Construction Contracts December Over-run Under -run Transfers Canceled 31, 1952 Improvement Funds -------------------------------------------------------------------------------------------- $ 48.97 Me 649,837.72 21.00 -o- 1951, Second Series 11776.20 -o- do 81.97 11656005 -o- do 22.00 -o- do 689.85 178.41 do 8,057.05 1952, First Series 3,017.09 42017.21 'do 3,29533 41115.27 do 21461.43 309.32. do 2,004.33 12213.63 do 21209.26. 1,440.74 do 19419.37 19792.63 do 12585.87 21511.76 do 29876.88 1,738.10 do 10,769.56- 7,233.54 do 119399.96 7,777048 do 22964.81 22.99 do 29917.89 17331.11 do 91158.00 3,128.04 do 112.30 -o- Permanent Improvement Revolving 314.72 19532.70 -o- do 3 0 5&.41 6,5, 138.82 -o- 1952, First Series $157192.96 $690,916.75 $$11,115.48 $112,662.04 SUIMARY 1950 Second Series Improvement Fund $$ 21363.36 1951 Second Series Improvement Fund 61022.97 1952 First Series-Improvement Fund 8,104066 6 86, 90.99 Not allocated 26.171.05 TOTAL $112,662.0 -74- IMPROVEMENT FUNDS RES I CIES' VILLAGE OF EDINA Year ended December 31, 195 Balance Additions _, Deductions Balance January Prior Current Supplement Adjustment of December 11 1952 Years Year Assessments Assessments Other 31, 1952 --------------------------------------------------------------------------------------------------------------------------------- - - - - -- - - ----------------- Storm sewer No. 16 5.87 5.87 . WATER MAINS Water main No. 11 $ 949.86 $170.61 779.25 18 808.70 $220.00* 588.70. BLACKTOPPING Street improvement No. 41 19686.47* 49.97* 11736.44*'. 53 81- 078.394! " ' $8, 080.44 2.14 56 118.60* 118.6o*'- 57 4.96 4.96 OILING Various projects 5.73* 5.73* OTHER Weed eradication .68. .68 PROJECTS--WITH-NO ACTIVITY. DURING THE YEAR- Various 2, 3. 8 21i82 4. 8 TOTAL PERMANENT IMPROVEMENT .REVOLVIIdG.FUND 1 , 7 2 9.97* 112. 2* ,0 0. 170. 1 � o- 23,37 1, 1950 FIRST SERIES IMPROVEMENT FUNDS PROJECTS WITH NO ACTIVITY DURING- T- M 'YEAR Variou$ $ 61785.15 $ 6,785 15 1950 SECOND SERIES IMPROVEMENT FUND PROJECTS WITH ACTIVITY DURING THE YEAR SANITARY SEWER District No. 26 $ 4.97 $ 4.97 BLACKTOPPING Street improvement No. A- 6 $ .98 .98* A- 7 2.29* .28 2.57+x. 715.53 714.48 A- 9• 1.05 A -10 9.62 1.54 8.08 _ A -11 46.97 4.45 42.52 PROJECTS WITH NO ACTIVITY DURING THE YEAR Various 2. 10 .08. 12,10 .08 TOTAL 1950 SECOND SERIES IMPROVEMENT FUND 12,10 .0 817-80 -o- o-� 10-79 122912.39 _75_ IMPROVEMENT FUNDS RESERVE FOR CONTINGENCIES (Cont'd) --------------------------------------------------- - - - - -- Balance Additioas Deductions Balance January Prior. Current Supplement Adjustment of December 1, 1952 Years Year Assessments Assessments Other 31, 1952 1951 FIRST SERIES IMPROVEMENT FUND PROJECTS WITH ACTIVITY DURING THE _YEAR SANITARY SEWERS District No. 30 2.89 $ 2.89 32 13.76 13.76 WATER MAINS Water main No. 32 36 GRADIN.q' Street improvement No. C -10 31-79* C -12 BLACKTOPPING Street improvement No. A -12 PROJECTS WITH NO ACTIVITY DURING THE YEAR Various 232.19* .TOTAL 1951 FIRST SERIES IMPROVEMENT FUND 263-98*. ee 10.72 335.9.54z 4.71 2.66 14.18 .63 -o- 2 e 0* -v- o o- 10.72 33�5e 9i* 29.13* 14-18 X63 232. 550-314* 1 ER ovement No. B -3 ; 5.28 $ I 5 . 28 B -4 86.24* 8624 * B 5 80 8 e 91* -B 5.91* 5 B -7 9 e 24 9 e ✓✓ / / 24 SANITARY SEWERS District No? 3 '3 37 39 STORM SEWER Storm sewer No. 19 eOl* eOl* ✓ 11030 11030 61759008 6,759-.o8 59052.70 5,052.70 219023* 219:23* 21298.95* 22298.95* —76— IMPROVEMENT FUNDS RESERVE FOR CONTINGENCIES (Cont °d) 1951 SECOND SERIES IMPROVEMENT FUND (font °d) PROJECTS WITH ACTIVITY DURING THE YEAR WATER MAINS ..Water main No.. 37 4 5.20 $$ 5.20 38 7.89 7;89 ✓ 40 795* 795* ►/ �. RADING Street improvement No. C -13 5967 5 °67 C -15 1.41 1.41 BLACKTOPPING Street improvement No. A -14 .90* •90* A-15 2.38 2.368 A -18 .65 e A -19 3.11 3.11 TOTAL 1951 SECOND SERIESOIMPROVEMENT FUND 2 0 0 -o_ ._.� --- 2. 1 � TOTAL $34,474.82 269e97* �9,871e19 $8,080.44 X170.61 10.49 $51,975.38 _______ _________ __= =__ =__ ------- __ - =-__ -------- - Note - Reference is made to details in the Report of Examination for the year 1951 as to the projects in which no changes were made in the Reserve for Contingencies for the current year. # Indicates red figure, —77— Balance A Addi&Jons D Deductions B Balance , January P Prior C Current S Suppleme nt. A A jus ment of D December 11 1952 Y Years Y Year A Assessments A Assessments O Other 3 31, 1952 - -- ;. _ —77— IMPROVEMENT FUNDS CONTRACTS PAYABLE VILLAGE OF' EDINA December 319 .1.952 ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- .6 6 CURB AND GUTTER Street improvement Nob B -10 B-11 SANITARY SEWERS District Nob 35 45 46 47 50 51 52 STORM SEWER Storm sewer Nob 19 WATER MAINS Water main Nob 326 41 42 44 48 50 51 53 5a GRADING Street improvement Nob C -17 C -19 and 28 C -21 C -23 C -24 C -25 C -26 C -29 C -30 C -34 C-37 C -38 C -40 19230620 39393620 1' 1+17.23 20°00 1928130. 39088:84- 388632 29420627 169505605 179640 29065643 509672 150600 200-70 754. 70 92.3600 820683 175-81 29936641 591.92695 118.50 19792632 19699630 29835600 2 9 542 6 50 19781628 29182 . 625 19392687 208673 19 187.50 19791602 19516638 19046695 574685 536 (Total carried forward) s6.160 ffi- IMPROVEMENT FUNDS CONTRACTS PAYABLE (Cont'd) ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- (Total carried forward) $ 65,681.08 R BLACKT OFFING Street improvement No. 33 320.00 A- 1 220.00 A- 2 217.00 A-.5 19680.00 A- 8 683,36 A -20' 178.41 A -25 82057005 A -29 49017.21 A -30 49115.27 A -31 309-32 A -32. 19213.63 A -34 1944o.74 A -35 12792.63 A -36 2951-1-76 A -38 X 19 738.10 A -39 7 9 233 -511, A -40 7,777.48 A -41 222.99 ' A -45 19331.11 A -46 34128.04 TOTAL $113 9 868-71-F -79- IMPROVEMENT FUNDS BONDS PAYABLE VILLAGE OF EDINA December 31, 1952 1952 Improve- .. 1950 Improvement Funds 195 Improvement Funds _ _ mf ��d_ Year Total First Series Third Series Second Series First Series Second Series First Series Annual maturities and interest dates March 1, and March 1, and June 1, arid. March 11 and September 1 Interest rates September 1 2 3/10% 1.7/10% Annual amount of $ 21000.00 $ 209000.00- maturities: 1953. $ - 46,-000,.-00 $149. 000.00 1954 717000.00 14,000.00 1955 166,000.00 14,000.00 1956 1619000.00 12,000.00 1957 1609000.00 81000.00 1958 1401000.00 81000.00 1859 144,000.00 81000.00 1960 114,000.00 8,000.00 1961 114,000.00 8,000.00 1962 112,000.00 509000.00 1963 802000.00 10,000.00 1964 253000.00 69000.00 15,000.00 $19333,000.00 $94,000.00 March 1, and March 1, and March 1, and June 1, arid. March 11 and September 1 2 3/16% September 1 1 6 /10% September 1 2 3/10% December 1 2 4/10 December 1 2 3/4% $ 21000.00 $ 209000.00- 10,000.00 21000.00 20,000.00 10,000.00 $ 25,000.00 21000.00 20,000.00 10,000.00 509000.00 $ 709000.00 47000.00 159000.00 10,000.00 50,000.00 70,000.00 7,000.00 159000.00 109000.00 507000.00 709000.00 7,000.00 15,000.00 109000.00 50,000.00 507000.00 61000.00 15,000.00 10,000.00 557000.00 509000.00 61000.00 152000.00 10,000.00 559000.00 20,000.00 69000.00 15,000.00 101000.00 559000.00 202000.00 82000.00 18,000.00 11,000.00 55,000.00 209000.00 55,000.00 252000,.00 - 2�2 00 . $50,000.00iA $168,000.00 $1019000.00 $5009000.00 $4208000.00 Note A - Included with 1950 First Series Improvement Fund on combined balance sheet. B - Each of the improvement bonds of the 1950 first, second, and third series; 1951 first series; and 1952 first series is subject--- to redemption and prepayment on March 1, or September 1, immediately preceding its stated maturity date. Each of the improvement bonds of the 1951 second series is subject to redemption and prepayment on June 1, or December 1, immediately preceding its stated maturity date° Such redemption to be at the option of the Village at a price of par plus interest to accrue to the date specified for redemption. Notice of call for redemption to be made at least thirty days prior to the date specified for redemption. DEBT SERVICE FUND BALANCE QMT VILLAGE OF EDINA December 31,9 1952 ---------------------------------------------------- Permanent Improvement Revolving Fund ASSETS Cash - Due from Permanent Improvement Revolving Fund Taxes receivable - deferred Less allowance for . un- collectible taxes LIABILITIES Bonds payable: In 1953 Subsequent to 1953 Interest payable in 1953 Future interest payable t, Q Total No. 1 No. 2 Noe j 67097 -102 67-88 $2369900.00 $ 229267.55 32.4.5 $111;200.00 $16999.95 25.05 $859000.00 69829.62 10.38 $409700.00 12 81Z. 0 5. 700. 00 4893ze 0 2 9 18Q 5, 00 22 0 2e 0 §,L0j95 OOe00 0079062 0 §3b6520 .00 62709247.50 6127.1800.00 6979o87.5o $459360.00 $ 419000.00 $ 209000.00 211.000.00 1-0-0-.-000.00 §252;000.00 61209000.00 $ 59165.00 $ 29300.00 ii.o82.50 5.500.00 $2709247.50 $1279800.00 $159000.00 000 2 QO 909000.00 $ 2025.00 1, 5.062.50 0 $979087.50 $ 69000.00 '46.000.00 429000.00 $ 840.00 2.520.00 60,0Q $459360.00 0 VILLAGE OF EDINA Year ended December 31, 1952 ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- Permanent Improvement Revolving Ftm Balance at January �9 1952 Receipts-. Payments received from Permanent Improvement Revolving Funds For bonds and interest-. 1952 1953 Disbursements: Bonds redeemed Interest on bonds Bank service charges Amount due Permanent Im- provement Revolving Fund accrued at December 319 1951 Balance December 31, 1952 Total Noe 1 No. 2 No. 3 $ 39403.46 $ 19200.93 $ 19586.83 $ 615.70 $479092.49 1+6 165.00 9 9660.95 $419000.00 69022.50 67.88 $469097.12 $229733-30 o 6923 .23 $209000.00 29700.00 32.45 $229267.55 $179388045 1. 025.00 369000.2 $159000.00 .29362-50 25.05 $ 69970.74 s 149426.44 $ 69000.00 960.0p0 10.38 UM • e -- $169.999°95 $'69829.62 On VILLAGE OF EDINA December 319 1952 9 ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- Total 1947 1948 19 9 _____ ____ ____ _______ ___ Annual mat.uurity and interest dates Interest rate Sinking fund number Current maturitiess Bonds Interest TOTAL Deferred tax levieso Bonds Interest Allowance for uncollect- ible taxes TOTAL DEFERRED April land October 1 2% 1 July 1. and, January 1 2e 2 July 1 and January 1 3 $ 419000000 $ 209000.00 $ 159000.00 69000.00 5 165.00 2o3Q 2.Q25.QQ 840x00 $ 469165.00 $ 229300.00 $ 179025.00. $ 69840.00 $2119000.00 $1009000000 $ 759000.00 $369000.00 139082.50 59500.00 59062.50 29520000 $2369900000 $1119200.00 $ 859000.00 $409700.00 TOTAL $2839065.00 $133,500.00.$102,025.00 $479540.o0 Analysis of d0ferred tax levies s Year 1953 $ 489000.00 19 479030.00 1955 469010.00 1956 459.140.00 1958 6� 500.00 TOTAL $2369900.00 Note A -.The foregoing_sinking funds relating to servicing of issues of Permanent Improvement Revolving Funds are a general obligation of the Village, but funds for the service thereof are generally derived from underlying special assessments carried by the Funds, thus permitting cancellation of the direct levy therefor. 4 WATERWORKS FUND B�ANCE� SHEET VILLAGE OF EDINA ' December 319 1952 ASSETS Cash: Current funds .o, on deposit $ 229141.68 ' Working fund 25.00 $ 229166.68 Funds appropriated for current debt requirements 29621.25 Accounts receivable: From customers $ 169397038 Due from other funds 540.64 169938.02 Inventories o at cost: Meters $ .59001.38 Supplies 36.17 1 Distribution 69591.10 Segregated fund for reserve retirement - _(cash) for debt 109485000 Fixed assets - Note Ac Land $ 107392-30 Land improvements $ 874.87 Buildings and equipment 710.974.01 $711-81+8.88 Less allowances for depreciation 969,264.21 6159584.67 Construction in progress, 21.862.61 61+99 839.58 Deferred charges -0 Prepaid insurance 125.55 $708,767-18 4 WATERWORKS FUND BALANCE SHEET (Cont'd) Due to other Funds Accounts payable and accrued expenses: Trade accounts Salaries anal wages Interest Bonds payable o due annually September 1st, 2 1/2% to September 19 19579 and 2 3/4% on balance:® Nate BO, $ 9000.00 $ 9000.00 $109000.00 Deferred liab; Note C annually 1953 through 1956, annually 1957 through 19609 and annually 1961 through 1967 ility to 1952 Improvement Fund Surplus Revaluation of fixed assets m Note A Contributed by special assessments Note A Earnedo Appropriated Unappropriated $ - 19274.28 104.56 1 161.6' 892.25 2 9 5'+0.51 1309000.00' 169380.66 $ 36,197.26 4579685.69 106 $139.25 539106.56 65o07g� 0®81 M-953.76 $7089767.18 Note A U The original utility purchased in 191+7 is carried at amounts based on appraisal at time of acquisition. Subsequent purchases are carried at costa Water-ma-ins for which the benefited property owners have been assessed are carried at construction cost with contra- credit to surplus contributed by special assessments. B o The bonds issued . hereunder maturing after September 19 19579 shall be subject to redemption and prepayment at the option of the village on said date and any interest payment date thereafter, provided that thirty days prior notice is given. C ® In.March 1953 additional revenue bonds were issued in the amount of $80 000 as a portion of the cost of a new water tower. A part of the cost of facilities not covered by the bond issue was- advanced by the General Fund. !I- is expected that the amount owing to tho Gener &1 Fund will be amortized concurrently with the aforementioned issue of bonds. X11 WATERWORKS _ STATEMENT OF SURPLUS VILLAGE OF EDINA Year ended December 31, 1952 Contributed Unappro- by Total priated Appropriated Assessments Revaluation. Balance at January l� 1952 $420 806..12 $40,606.90 4 305.00 $339,014.98 $369879.24 Additions: Net incomo for the year Water mains contributed by special assessments Appropriation of cash for payment of,bonds and interest Appropriation of cash for reserve for debt retirement Depreciation provided during the year on excess of appraisal value over cost • Balance December 319 1952 * Indicates red figure. 19,476.93 199. 476.93 1182670.71 1189670.71 m0- 19683075 19683.75* mo- 1o9485.00* 1o9485.00 mo® 681098 - 681.98 *, $5589953.76 $519964.56 $139106.25 $4579685.69 $3691.97.26 so VILLAGE OF EDINA Years ended December 31, 1952, and December,31, 1951 ------------------------------------------------------------------------------------------- Increase 1952 1951 Decrease* --- ------------------------ Number of meters in uses At end of year At beginning of year Incomes Sale of meters Less cost of meters sold GROSS PROFIT ON METERS Water. sales Penalties Water connection permits Tapping fees Repair service Street opening fees Miscellaneous GROSS INCOME 8 Expenses: Pumping: Labor Power and light Supplies Buildings: Labor • Fuel Supplies Telephone Eg7aipment rental Water purchased Provision for depreciation Repairs Distribution: Labor Materials and supplies Operation of meters: Labor Supplies Equipment rental Provision for depreciation Repairs 2,413 29058 $ 8,910.00 . 8.111.05 5 - 796.95 559776.57 . 968.o8 192? 9.50 394.50 83.65 80.00 15.00 9,364.2 S 11457.28 81254 .44 37.81 719.76 225.4 131..76 176.20 300.00 571.55 2,136.20 844.96 14055.41 1,279.29 1,698.84 814.04- 165.47 450.00 89132.87 1.550.01 14;090. 2'058 19 668 6 9,605.40 . 8.518.41 1,046.99 409190.73 .58.36 19270.00 813.30 474.50 106.00 -0- 3,999• 8 1,015.41 6'313.34 19342.91 299.09 133.00 138.10 300.00 490.00 2,109.34 1.950.7 2 1 91 9.12 11170.09p 614.48 19000.94 195.40 450.00 79110.39 141.44 loll i2.7 390 69.5.40* 405. 6* 2 0.0 1525 85.84 909.72 20.50* 418.80* 390.85* 26.00* 1 .0o 1 93 •37 6 441.87 19877.23 24.47. 623.15* 73.66* 1.22* 38.10 081.55 26.86 1 .105.76* .29 109.20 1,084.36 186.90* 29.93* -0- 19022.48 1.208.59 39207. 0 S AND EXPENSE (Cont'd) ------------------------------------------------------------------- - - - - -- - -------------------------------------------------------------------------------------------------- Increase 1952 1951 Decrease* Expenses (cont'd)o 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 Supervision expenses TOTAL OPERATING EXPENSES OPERATING INCOME Other deductions: Amortization of property acquisition and bond issue expenses Interest on bonds Fiscal agent's service charge Loss on equipment scrapped - tools NET INCOME Depreciation charged to operations included in the above 19904.12 1,427.41 11500.60 27.97 438.92 450.00 250.00 232.41 479.99 85.84 ��T 297.18 31568.34 15.27 207.17 40088.16 $191476.93 $101354.91 $ 11831.75 11324.21 11122.60 83.45 429.30 555.00 250.00 150.6. 315.41 7835 -0- .193.82 1 2 127754-20 594.24 3,69�e33 1 .84 mo- o 1 68 .1447-79 6 9,298.08 72037 103.20 378.00 55.48* 9.62 105.00* -0- 81.80 126.85 15.41* 7.49 0 110-8-10.89 297.06* 124.99* 3.57* 20Z. 21 e2 611,029.14 6 11056.83 .... WATERWORKS FIIND FIXED ASSETS VILLAGE OF EDINA ' `. Year ended December 31, 1952 -------------==- --= ----- ----------------- - - - - -- --------- A-- S-- S-- e-- t-- 5---------------- �--- - - -_ -- Allowances f°or Depreciation Net Balance Balance Balance Balance Balance January December January Current December. December 11 1952 Additions Deductions 311 1952 19 1952 Provision Deductions 319.1952 311 1952 --------------------------------------- ---------------------------------------------- --------------------------- ---------------- 9 0 Land Land improvements Distribution system: Purchased Contributed by special assessments Buildings and equipment: Pump house buildings Wells Pumps and piping Tank and tower Office equipment Miscellaneous equipment, Tools Construction in progress TOTAL. 7,392.30 809.13 $165,835.72 141 89� 6. -7 $5071732009 $ 1'460.9 29;303 5.95 14,953.76 19289.22 278.15 mom $600,071.89 S. 39000.00 65.74 $1189670-71 $ 470.50 130.00 - °m`� 40� 9.21 $1192310.92 $20737 238862.61 $1469239.27 $207.3.7 $ 101392.30 874.87 $165,835.72 $ 2+;4650 59 29,303.95 149953.76 19289.22 408.15 . ;.•..• -0- 16.16 $ 33.65 $429847.96 $57987 $ 15917.90 39734.93 109257.26 119928.11 144.34 36.33 oom $85990930 $ 29211.13 5.,A .04 $ 79555.17 $ 441.13 489.28 19172.14 577.70 64.44 21.40 $109321.26 $10,354.91 $ mom 49.81 $459059.09 POO $ mo- $6514296 $ -2,359.03 x+9224.21 11,429.40 127505.81 208.78 57-73 m $ -o- $969214.40 ®om $ -o_ $962264.21 $ 109392630 825.06 $120,776.63 4196.7� $5609973.36 $ 11,441..51 20,241.38 179874.5.5 29447.9 19080s 350.42 • ZRZM $614;759.61 a� 86?., 61 $649t839- 58 GARBAGE FUND BALANCE SHEET VILLAGE OF EDINA December 317 1952 ASSETS Cash o current funds $39231014 Receivables: Certified in 1952 collectible in 1953 $612.15 Delinquent receivables assessed 89.55 $ 701070 Accounts receivable ® customers 697.00 19398.70 / Fixed assets ® at cost 93226 $49723.10 LIABILITIES Accounts payable Surplus: Invested in fixed assets Unappropriated (excess of income over expense) /$19905.00 9 .26 ✓/ 2.72..84 ✓ 2 818.10 $49723.10 -90- GARBAGE FUND STATEMENT OF SURPLUS VILLAGE OF EDINA Year ended December 31, 1952 ------------------ ------------------------------------------------------------------------------- ------------------ --------------------------------------------------------------------Inve�e-- in. Fixed Unappropriated Assets Balance January 1, 1952 61031.37 $93.26 Addition, Net income for the year lt323.4 Balance December 31, 1952 $29724.84 $93.26 -91® WAVO 0o VILLAGE OF EDINA Years ended December 31, 19529 and December 31, 1951 ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------ ------- - - - - -- 1952 1951 Decrease's ----------- ------�___�- _______ Income o Services charges and penalties Expensesa Coll . ection service Administrative and general: Clerical. - General.. Hand Office W-applies Auditing Returned check written off TOTAL EXPENSES NET INCOME $23,702.55 $21,892.42 $1.2810.13 $21,380.55 $18,925.00 62 :455.55 $ 713.70 $ 662.10 $ 51.60 99.83 178.62 78.79* 110.00 110.00 -0- .00 -0 -. 0 9280 JL 5O.Z2 S 22.1 J220302.0a 1, $ 17393.47 6 27016.70 $ 623.23* -92® GARBAGE FUND ANALYSIS OF CHANGES IN CASH BALANCE VILLAGE OF EDINA Year ended December 31,.1952 Balance at January 19 1952 29258.85 Additions: Collections on customers' accounts $239093.35 Less bad check written off 5.00 $239088.35 Tax settlements received 847.58 Collection transmitted from Waterworks Fund 4.40 23.94o.33 269199.1 Deductions: Expenses fo: the year Refund; ='.to customers Liabilities at January 19 1952: Accounts payable Due to other funds Less accounts payable at December 31, 19.52 1,682.80 731.96 $229304.08 154.20 2042.4.76. $242873-04 18905.00 220968.04 Balance December 319 1952 39231.14 -93- GARBAGE FUND ANALYSIS OF RECEIVABLES VILLAGE OF EDINA Year ended December 31, 1952 ------------------------------------------------------ ---------------------------------------------------------------------------------------- Other Assessed Customers ' Funds Total Balance at January is 1952 Additions o Billings per.income statement Certified to County Auditor for collection in 1953 Deductions a Returned check written off Collections from customers, less refunds of $154.20 Tax settlements remitted to Village Transmitted from Waterworks Fund Cancelation of assessments Balance December 31, 1952 w * Indicates red figure. S. 960.83 6 522.05 $4.40 $ 19487.28 23y702.55 239702.55 612.1 612,15* -om $1,572.99 239612- 5 54-4-0 $259189. 3 $ 5.00 5.00 229934.15 222934.15 6 847.58 847.58 $4.40 4.40 21.7R 25.70* -0- 5 871.2 §220915.45 S21.791 1 701.70 697.00 -o- 19398.70 i -94- SEWER RENTAL FUND BALANCE SHEET VILLAGE OF EDINA 'December 311 1952 ASS T Cash o current funds $132306.87 Investments m United States Government 'securities at cost 62000.00 Receivables: Certified in 1952 = collectible,in 1953 .$115.80 Delinquent.receivables assessed a,52 $ 124.32 Ac.counts.receivable m customers 161.30 Due from other funds 19!± 389.99 Fixed assets at cost $212065.89 LIABILITIES Due to" other funds $ 7.65 Accounts payable 52511.04 Surplus: Invested in fixed assets $ 12369.03 Unappropriated (excess of income over . expense) 1497.78.17 15 m 547.20 $212065.89 ®95® s, ww; * Indicates red figure. -96- STATEMENT OF SURPLUS VILLAGE OF EDINA, Year ended December 31, 1952 Invested -------------------------------------------------------------------------------------------------- in Fixed Unappropriated Assets Balance at January 19 1952 $139083,29 $19032.18 Additions Net income for the year 19 431.73 Transfer.- To surplus invested in fixed assets 336e85* 336.8 5 Balance December 319 1952 $149178.17 $19369.03 * Indicates red figure. -96- STATEMENTS OF.,INOANE, AND EXPENS VILLAGE OF EDINA Years ended December 31, 1952, and December 319 -1951 ------------------------------------------------------------------------------------------------- Increase 1952 .1951 Decrease* Operating income. Services charges and penalties Expenses.- Operating. Seger maintenance and treatment Labor Supplies Repairs Water Power. Rent of equipment Administrative and,general: Clerical o General Fund Stationery and postage Auditing Miscellaneous Other income TOTAL EXPENSES OPERATING INCOME NET INCOME $149258.90. $129012.40 $29246.50 $109509.78 19104.02 13.25 42.70 200.00 54-59 0 12902 _.- 3� $ 713.71 95.84 90.060 r 19327.36 104.x/ $ 191+31.73 89953.26 652.58 65.39 123.63 200.00 27-79 109122. 662.10 :• 00 .:: i • . $19 556.52 451.44 52.11F* 80.93* °O® 26.80 19901.69 $ 19030.90 $ 400.83 -97- SE ANALYSIS OF CHANGES IN CASH BALANCE VILLAGE OF EDINA Year ended December 31, 1952 ------------------------------------------------------------------------------------------------- Balance at January 1, 1952 $129358.65 n •. Additionns o Collections on accounts receivable $149047.60 Interest on investments 75000 Tax settlements received 97.20 Pavments on services for the Village of Morningside 14.256.10 2 961 e9 Deductions- Expenses for the year $12`9931.51+ Purchase of fixed assets 336.85 Liabilities at January 19 19520 Accounts payable $49732.78 Due to other funds 825.60 LU8138 $18-826-77. .,Less liabilities at December 319 1952: Accounts payable $59511.04 Due to other funds 7.65 518.69,��08.08 Balance December 319 1952 $139306.87 X • 0 -98- SEWER RENTAL FUND ANUMIL OF AECEIVABLES VILLAGE OF EDINA Year ended December 31, 1952 Other Assessed Customers Funds Total Balane.e at janizary 19 1952 $105.72 $ 102030 S "75.00 $ 283°02 Additions. Billings per income statement Certified to County Auditor for collection in 1953 Interest on investments due from General -Fund Deductions° Collections from customers Tax settlements remitted to the Village Interest on investments Payments on services for the Village of Morningside Balande December 31, 1952 * Indicates red figure. 149258°90 149,258°90 115.8o 115..80* moo T2-21—.72 $11+9245.- 1 92 +5e $14,047°60 $ 97°20 $124°32 $ 161030 $179°37 $ 75.00 $104037 04 . $149646.29 $149047060 97°20 75°00 360 5Q $ 389 -'99 _99- LIQUOR DIS . .BALANCE SHEET VILLAGE OF EDINA ------------------------------------------------------------------------------------=------------ December 319 1952 ------------------------------------------------------------------------------------------------- ASSETS Cash.- , Demand deposits $109927509 For deposit 79.357 :018 ' Working fund 10000.00 $1179632627 Accounts receivable. Customers' checks 311.27 Merchandise inventory m at cost (applied ' on a first-in, first -out. Liquor. basis) a $ 729366.1+0 Wine 89352.91 Beer 29686.66 Mix �,3 Ii2 ters9 etco 839833002 Fixed assets - at costa Land $ 169500000 Land improvements $ 1951+6.23 Buildings 36'9900.00 Furniture, fixtures, and equipment $459377 7 Less allowances for depreciation 8e512 :71+ 36986 539364073 Prepaid expenses° Unexpired insurance bonds,, etc. $ 557.80 p Supply inventory 75000 y 6S2etJ0 $2559774.09 LIABILITIES Due to general fund Trade acdou.nts payable Salaries and gages Surplus. Invested infixed assets Unappropriated $ 17.00 119396.05 945009 $ 539.364.73 190 S, �Q 1 e 22 241 4115.9 5 $255977+.09 ®100® It -101- T,IAiTQR DISPENSARY FUND STATEMENT OF SURPLUS VILLAGE OF EDINA Year ended December 319 1952 ---------------------------------------------------------------- Invested in Total Unappro.px.3.ated Fixed Assets .Balance at January 19. 1952 $1699182.75 $1139586.82 $559595.93 Additions. Net profit for the year 749233.20 71+9233.20 Transfer 2$231s2Q* Balance December 319 1952. $21+331+15.95 $1909051.22 $539361+.73 It -101- VILLAGE OF EDINA Years ended December 31, 1952, and December 31, 1951 9 --------- - - - - -- Liquor-- - - - - -- Wine — ---- Beer----- Sales" $353,778.13 $34,832-32 $671271.82 Cash overages, less tag overages Note A .. 1115.76 11.21 - $354,111.89 $34,865.53 $67,271.82 Less bottle refunds NET SALES $354,113-89 $34,865.53 6_124.81 $61-146.99 Cost of sales: Inventory January 1st $ 67,1350-06 $ 71352.66 $ 11947.71 Purchases 50_�12.85 $347700.02 322181. $521280.56 Inventory December 31st �2!166. 0 -9-225-9311.62 8.152.91 2.686.6.E COST OF GOODS SOLD GROSS PROFIT $ 782780.27 $11,037.00 $11,553-09 PERCENT TO NET SALES 22e25% 31.660 - 18.89% Operating expenses: Salaries: Manager Sales clerks Bookkeeper Provision for depreciation: Land improvements Buildings Furniture, fixtures, and equipment Heat Light and power Telephone Insurance and surety bonds Supplies: Selling Janitor Office Repairs and maintenance Burglar alarm device Maintenance of parking lot Laundry service Auditing and accounting Sundry Other deductions: Liquor revenue bonds expense: Interest Fiscal agent's service charge Interest on purchase contract Note A - Cash overages, less the amount by which liquor and wine tags were over register readings, have been allocated to liquor and wine sales in amounts proportionate to the sales. Per Cent r 1911. -- 1951 Increase to Net Sale§ Mix laneous Total Total Total Decrease 1952 19 $8,017.61 $89017.61 $6.12 $ 140.0 $5, 11.79 $558.50 $ 558.50 $558050 9529° 8 $32 e2H 211.05 $75,847.93 P51847-93 27.854.32 $67,893.61 $ 2,183.16 5�8�4�47 $58, 017.63 $1,089.15 $347°45 $129989.69 --- - - - - -- -------- - - - - -- ---- - - - - -- -- - - - - - -- ---- - - - - -- 17.60% 62.21% 19.13% TOTAL OPERATING EXPENSES OPERATING INCOME NET INCOME $4647458038 $4641827-35 $456'873-03 $ 769885.88 $ 7,89909 $1029806.96 $ 6,108000 13,609.29 221461 0 23 $ 61.85 1,476.00 2,231020 235.27 519.15 167.0 757 0 464.44 40..39 33510 416.52 102.00 -om 141.00 600.00 AWWWmm $4229752.52 $422,934.95 2e-302.32 $4151632.63 $ 9 ,502077 $$ 62885088 8123;561026 $ 929071.37 $ 6,108.00 121425.79 2-659.66 $ 21,193.45 $ 61.85 11476.00 693.28 $ 2'258.28 45o.84 148.15 781.77 500.21 46.89 3393.88 43 5.72 100.00 143.20 139.80 955.00 7 97,24 $ 64-195. 1 $ -om $ 843.75 mom 58.78 -0- &0- $ 74,233.20 $ 63,103.96 $419705.86 $ 1'892040 $ 41,240.40 $10,735059 $ 1,183050 84,28 $ 1,267078 $ -0- -0- .07 $ 23.01* 68.31 18.90 24.73* 36.50** 58-78* 19.20* 2.00 143.20* 1.20 35500* $10,03739 $ 843.75* 58.78* * 0 * $11,129.24 100.00%. 100.00% 22.85 22.50% 22.15% 1.34% �2. :6908 4092% .O1% .33 049% .05 .04 .17 .10 .01 .09 .02 ��03 013 6 °25I 16.25% ®o® % ®om 16025% 1.47% 2.99 5.10% .O1% .36 X 0 .o6 .04 .19 .12 .O1 .10 .11 .02 .03 .23 °02 0 15.44% .20% .O1 .26I 15.18% -102- f LIQUOR DISPENSARY FUND FIXED ASSETS VILLAGE OF EDINA Year ended December 31, 1952 Assets ; A1�r�a.nPs fer Dee�°ia.ti ®.n Net Balance Balance Balance Balance Balance January December Ja.nu'ary Current :December December 19 1:952 Additions 319 1952 19 1952 Provision 319 1952 319 .1952 $169500.00 $169500.00 1 $ -0o Land improvements, building, and equipment." Land improvements 1',546.23 $ 19546.23 Building 369900.00 369900.00 Furniture, fixtures and equipment 60211224 6 9�1e24 TOTAL ,AND IMPROVEMENTS BUILDING 9- AND EQUIPMEH 145 77-47 S ®om 945 i77n�7 TOTAL $61,877.47 $ ®o® $619877.47 u $ ®o- $169500.00 $ 123.70 $ 61.85 $ 185.55 $ 19360.68 39936.00 19476.00 59+12.00 31,488.00+ 693n�7 !+9016.07 - 2A1. 20 64.7 $69281.54 $29231.20 $89512.74 $539364.73 -103- CASH - ALL FUNDS VILLAGE OF EDINA December 31, 1952 ------------------------------------------------------------------------- Demand For Working Deposits Deposit Funds Total Fundo General: Current Appropriated Working Capital: Current Poor: Cur rent Park: Current Special Assessments: Current Improvements: For bonds and interest For construction Debt Service: Current Waterworks: Current Appropriated Garbage: Current Sewer Rental: Current Liquor Dispensary: Current $ 31,914.17 $ 757644.28 $1077558.45 $ 150.00 150.00 19,006.86* 31099.22 21072.66 11272.84 51178.89 49,041.29 12,740.24 899275.98 49,944.04 96,075.39 46,097.12 22,141.68 2,621.25 21860.27 370.87 137264.12 42.75 19,006.86* 5,171.88 6,451073 61,781°53 139,220.02 961075.39 469097.12 25.00 221166.68 2,621.25 3,231014 13,306.87 1090275:.Q2 .18 1 000.00 1173632.27 7,93156 $153)350-91 12175000 $6022457.47 Waterworks:. Segregated fund for reserve for debt retirement 100485000 10.485.00 .TOTAL $4581416.56 $153,350.91 $19175.00 $6127942.47 Depository: First Edina State Bank Midland National Bank of Minneapolis TOTAL *.- Indicates_ red figure. $4061276.05 52.140.51 $4581416.56 -104- SECURITY FOR DEPOSITS VILLAGE OF EDINA December 31, 1952 - - -- Demand Deposits Amount First Edina State Bank $4069276005 $150,000.00 300,000.00 200,000000 100.,000000 1.0 O 000.00 TOTAL $4061276005 $760,000.00 Midland National Bank of Minneapolis $ 527140051 $ 751000000 105000000 TOTAL $ 529140051 $ 85,000.00 I Federal Farm Loan bonds, 2j%o Federal Deposit Insurance Corporation due February 1, 1955 -105- S.e c u r i t f o r' De_ o s -i t s Description United States Treasury bonds, 2%, due December 15, 1951+/52 United States Treasury Certificates of Indebtedness 1 7/8%, due February 15, 1953 United States Treasury bills, due February 19, 1953 United States Treasury bills, due June 199 1953 Federal Deposit Insurance Corporation, Federal Farm Loan bonds, 2j%o Federal Deposit Insurance Corporation due February 1, 1955 -105- INVESTMENTS VILLAGE OF EDINA December 31, 1952 ----------------------------------------------------------------------------------- ----------------------------------------------------------------------------- - - - -- -------------------- Interest. Description Maturity Rate Cost United States Treasury Certificates .of Indebtedness February 15, 1953 1 7/8% United States Treasury Notes December 1, 1953 2 1 /8% Fund ownership: Special assessment funds: Sewer Districts: Joint No. 1 No. 8 ° No. 13 No. 15 Water Main NO. 1 TOTAL SPECIAL ASSESSMENTS Sewer rental fund TOTAL Balance Sold January During 14 1952 Year $ 33000.00 21$000.00 $24-1000000 Balance December 31, 1952 $111000.00 $11,000.00 21000.00 2,000.00 21000.00 2,000.00 1.000.00 000.00 $187000.5-0 T -0- 1 8 ,000000 5.000 L000.00, -°®- ,000.00 1 ,000000 23,000.00 6.000.00 _ 6. 000000 $2,9..000.00 $5,000.00 $21+2000.00 -106- TAXABLE VALUATIONS I. TAX LEVIES, AND RATES VILLAGE OF EDINA December 31, 1952 and 1951 ---=--------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- Taxable valuations: Real. estate Personal property Tax levies extended° Extended in year Collectible in year General Parks Bonds and interest Poor Public nursing Firemen's relief Tax rate by mills° General Parks Bonds and interest Poor Public nursing Firemen's relief 1 2 $101276,940.00 797.961.00 $1i-1oZ�i3 -29.0 00 1952 1953 $ 2321019.17 16,612.35 9,967.41 4,429.96 3,876.22 1.107043 26$4-012_.60 20.95 1.50 90 .40 .10 24.20 pw $6,383,685.00 71.58 919.00 �Z�og� 604.00 1951 1952 $ 1961659 °03 141199.21 2,839.84 2,129.88 3,549.8o 709.96 220_tq§Z o Z2 27070 2.40 0 .30 50 .10 31000 -107- ORGANIZATION VILLAGE OF EDINA Year ended December 31, 1952 _108® ------------------------------------------------------------------------------------------------- Elected, Term Re- elected,or Expires Reappointed to December 31, December Ala Village Councilo Mayor: Dr, Reuben F. Erickson 1953 Clerk: Bower Hawthorne - resigned October 15 1952 1952 1952 James Otis - appointed October 16, 192 Evald Co Bank 1954 Trustees° Fred S. Child 1954 Joseph A. Danens 1952 1955 Arthur Co Bredeson, Jr. 1953 Treasurer: John J. Duggan 1953 Assessor: Alex Creighton 1952 1954 Municipal court: Philip Neville, Judge - resigned July 1, 1952 1952 Austin Do Norton, Judge - appointed July 1, 1952 1952 Austin Do Norton, Special Judge - resigned July 11 1952 1952 Donald S. . Burris Judge- �pecial 1956 Irving Iverson, Judge - appointed July, 15, 1952 1952 1956 Village Attorney: John He Windhorst 1952 1953 Assistant Village Attorney: " Donald So Burris - resigned May 317 1952 1952 Irving Iverson - appointed June 1, 1952 1952 - resigned July 15 1952 Curtis Roy - appointed July 15, 1352 1952 1953 Engineer, Executive Officer, and Manager: Sidney R. Mitchell 1952 1953 Deputy Clerk: Gretchen So Alden 1952 1953 Deputy Treasurer: Bernice M. Johnson 1952 1953 _108® Term Expires Bond Expires Amount Surety December 31, 1953 Dee-ember 31,,1953 6 7,500.00 National Surety Corporation January 28 .1955 10,000000 Indemnity Insurance Company of North America December 31, 1952 December 31' 1952 500000 Anchor Casualty Company ,December '31, 1952 December 31, 1952 500000 do do do 500000 do do do 500000 do do do 500000 do do do 500000 do do do 500000 do do do 500000 do do do 50-0000 do do do 500.00 do December 31, 1952 -0- December 317 1952 December 31, 1952. 1)000000 Standard Accident Insurance Company -109- OFFICIAL BONDS VILLAGE OF EDINA December.31, 1952 P o s i t i o n Name ----------------------------------------------------------------------------------------- On file with Deputy Village Clerk-0 Treasurer John J. Duggan Blanket position Liquor Dispensary employees On file with County Auditors. Assessor Alex Creighton Deputy assessor Phyllis Co Broom do Winifred Creighton do Dorothy Fischer do Dorothy Otis do A. Co Stringer do Edwin Y. Daniel do. Viola Doty do J. A. Creighton do Frances Kidd Held by Village Clerk-0 Clerk James Otis Held by Secretary of State: Clerk of Court Richard Olson i�li MUNICIPAL COURT FINES VILLAGE OF EDINA Year ended December 31, 1952 ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- Villaze County State Tota. Fines and costs imposed and collectedo Balance uncollected January 1, 1952 $ 296.00 $ 296.00 Fines and costs imposed 11.671.00 33, 9.00 -o- 30.00 30.00 11.701-00 $339999-00 Collections by Clerk of Court 3la 83.00 30.00 X335 13.00 Balance uncollected December 319 1952 $ 486.00 $ -o- $ -o- $ 486.00 cQuaty State Total IL t Fines due to county and state from general fund: Balance January 1, 1952 Collections by Clerk of Court not transmitted to general fund Payments to state° General Fund Clerk of Couxt Balance December 31, 1952 Collections by Clerk.of Court not transmitted o Balance January 1, 1952 Collections by Clerk of Court Transmitted Balance December 31, 1952 $ 284.00 $ 90.50 $ 374.50 30.00 0.00 284. 12070e 0 $ 62.50 $ 62.50 51. 50, 51. 50 -o- $114.00. 114-00 $ 284.00 $ 6.50 $ 290.50 General Fund State Total $ 230.50 $ 21.50 $ 252.00 11.481.00 O.00 11.513-00 33,713. 0 $53,765.00 33 X713.50 51.50 3j76 e0o $: -O- $ -O® $ -Om -110- INSURANCE VILLAGE OF EDINA December 31, 1952 Fire and Extended Coverage Contents Comprehensive Public Liability Other Property Damage Bodily Injury ------------------------------------------------- Buildings Buildings and contents: Village Hall $ 81000.00(A) $ 51000.00(A) Tool house - 5150 Brookside 25,000.00(.A) �1000.00(.A) Municipal liquor store 307000.00(A) 10 1000.00(BI) Water tower 209000.00(C) Pump house #1 500.00(A) 22000.00(A) Pump house #2 11500.00(A) 57000.00(A) Pump house #4 37700.00(A) 61000.00(A) .Shed 5233 Halifax Avenue 3,250.00(A) 39000.00(A) Automotive: Highways, 1948 Street sweeper $4,000.00 .$100 / 3005000.00 $ 509000.00 1940 Diesel road patrol 1 100 / 3002000.00 50,000.00 1946 Diesel road patrol .32700000 91000.00 100 / 300,000.00 1 509000.00 1945 M. M. Tractor with lull loader 1951 M. M. Tractor with lull loader .2,000.00 47200.00 100 100 / / 300,000.00 3001000.00 50,000.00 502000.00 191+2 Ford pickup Actual 100 / 3007000.00 50,000.00 1942 Reo dump truck Actual 100 / 3009000.00 502000.00 1944 G. M. Co dump truck Actual 100 / 3007000-00 50,000.00 1946 Ford pickup Actual 100 / 300,000.00 501000.00 191+6 Ford pickup Actual 100 / 300,000.00 503000000 1947 Ford pickup Actual 100 / 3007000.00 501000-00 1948 Diamond T dump truck 1949 Dodge dump truck Actual Actual 100 100 / / 3009000000 3001000000 501000.00 509000000 1950 International oil distributor 1951 International 12 ton truck Actual Actual 100 100 / / 3007000.00 3007000.00 509000000 507000000 1951 International dump truck 1951 International dump truck Actual Actual 100 100 / / 3002000.00 3001000.00 509000000 501000.00 Police department: 1952 Chevrolet Tudor Actual 100 / 3002000.00 501000000 1952 Ford Tudor Actual 100 / 3007000.00 502000.00 19 / rFire department: 1942 International fire truck 77000-00 100 / 3009000.00 50,000000 1946 LaFrance fire truck 172000-00 100 / 300,000.00 501000.00 1948 Willys jeep fire truck ti 1951 Ford fire panel 61000.00 31900-00 100 100 / 3009000000 3009000.00 502000.00 502000.00 Engineering: 1950 Chevrolet Tudor Actual 100 / 300,000.00 50,000.00 1951 Chevrolet Carryall Actual 100 / 3009000.00 50,000000 -111- INSURANCE (Cont'd) r I Note A - 80% coinsurance U B - 90% coinsurance C - 10610 coinsurance -112- Fire and Extended Coverage Public Liability Buildings Contents Comprehensive Bodily Injury Property Damage Other Automotive (cont'd)oo Water:', 1950 Chevrolet Tudor Actual $100 3001000.00' 507000.00 Village.liquor storeg Comprehensive glass breakage Actual Burglary, robbery and theft - within premises 51000-00 Burglary, robbery and theft - outside premises 57000.00 Burglary robbery and theft - merchandise .50 101000.00 Public liability 100 3001000.00 1001000.00 Other insurancess Non-ownership.- automobile liability 300,000.00 507000.00 Independent contractors - general liability 100 / 300,000.00 50 100,000.00 General liability - Village premises - operations 100 / 3009000.00 50 1001000-00. Edina Volunteer Fire Department group accident policy - maximum each fireman 37000.00 Workmen's compensation Statutory Burglary - water meters 49000.00 r I Note A - 80% coinsurance U B - 90% coinsurance C - 10610 coinsurance -112-