HomeMy WebLinkAbout1966 Statement of Cash Receipts and DisbursementsAUDITED STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
AND OTHER FINANCIAL INFORMATION
VILLAGE OF_ MORNINGSIDE, MINNESOTA
Period of Eight'Months Ended August 31, 1966
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CONTENTS
AUDITED STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS:
ACCOUNTANTS' REPORT....... .... PAGE 3
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS .............. 4
OTHER FINANCIAL INFORMATION:
ACCOUNTANTS' REPORT ON OTHER FINANCIAL INFORMATION,
AND EXAMINATION COMMENTS ..................................
. ............................... 5
DETAILOF CASH RECEIPTS........ ......................... 6
DETAIL OF CASH DISBURSEMENTS .............................. 7
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ERNST & ERNST
FIRST NATIONAL BANK BLDG.
MINNEAPOLIS, MINN. 55402
ACCOUNTANTS' REPORT
Teo the Village Council
Village of Edina, Minnesota
We have examined the statement of cash receipts and disbursements arising from
cash transactions of the various funds of the Village of Morningside (annexed
by the Village of Edina on September 1,1966) for the period of eight months
ended August 31, 1966. 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 neces-
sary in the circumstances.
In our opinion, the accompanying statement of cash receipts and disbursements
presents fairly the cash transactions of the various funds of the Village of
Morningside for the period of eight months ended August 31, 1966.
J
Minneapolis, Minnesota
December 19, 1966
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Funds
General Fund
Sewer Fund
Water Fund
Poor Fund
Garbage Fund
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
VILLAGE OF MORNINGSIDE
Period of Eight Months Ended August 31, 1966
Equipment Replacement Fund
Special Assessments Funds:
Water Main #6
Sewer Main P
Sewer Main #8
Water and Sewer Improvement #9
Sewer Improvement #11 — Curb and Gutter Improvement #12
Street Improvement #14
General (see note)
Balance on hand consists of:
Demand deposits
Savings certificates
( ) Indicates negative amount.
Balance
Balance
January 1,
Transfers
Transfers
August 31,
1966
Receipts
In
Out
Disbursements
1966
$ 5,600.62
38,633.44
42,031.03
$ 2,203.03
12,238.58
5,921.64
7,962.88
10,197.34
6,291.37
14,723.03
15,614.65
5,399.75
4,137.91
74.50
119.20
4,093.21
( 59.62)
6,693.75
7,930.07
( 1,295.94)
3,569.95
44.39
1,058.95
2,555-39
7,438.77
667.07
$5,000.00
72050
3,033-34
2,880.29
982.03
103X0
3,759.32
8,269.44
1,352.91
3,468.75
6,153.60
5,156.37
2,395.32
2,368.50
5,183.19
8,448.50
2,103.95
3,567.75
6,98470
( 105.00)
60,132.86
$5,000.00
59,989.69
5,038 17
( 959.05)
170.02
( 789,03)
TOTAL $62,908.13
$133,894.91
$5,000.00
$5,000.00
$144,286.97
$52,516.07
$27,908.13
35,000.00
$62,908.13
Note — Includes various completed projects which have deferred assessments not yet
collected.
$17,516.07
35,000.00
$52,516.07
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OTHER FINANCIAL INFORMATION
ERNST & ERNST
FIRST NATIONAL BANK BLDG.
MINNEAPOLIS, MINN. 55402
ACCOUNTANTS' REPORT ON OTHER FINANCIAL INFORMATION,
AND EXAMINATION COMMENTS
Village of Edina, Minnesota
The audited statement cf'cash receipts and disbursements of the various funds
of the Village of Morningside (annexed by the Village of Edina on September 1,
1966) and our report thereon are presented in the preceding section of this
report. The financial information presented hereinafter is not considered
necessary for a fair presentation of the statement of cash receipts and dis-
bursements and is presented for analytical purposes only. The information
was derived from the accounting records tested by us as a part of the audit-
ing procedures followed in our examination of the afore — mentioned statement
of cash.receipts and disbursements and, in our opinion, is fairly presented
in all material respects in relation to the statement of cash receipts and
disbursements taken as a whole.
SCOPE OF EXAMINATION
The cash balance of the Village at the beginning and end of the period was
confirmed directly with the Village's depository. The reconciliation of the
clerk's balances in the various funds at the beginning and end of the period
was verified and the recorded cash receipts and disbursements of the Village
for the period of eight months ended August 31, 1966 were reconciled with the
amounts shown by bank statements on file. We confirmed directly from the
source property taxes and special assessments received by the Village during
the period. Other cash receipts were supported on a test basis from data on
file at the Village. Cash disbursements were supported and distribution
reviewed for selected periods by examination of cancelled checks, claims,
invoices, or other supporting data.
Contracts, agreements and the Village Council minutes were reviewed by us.
.J
Minneapolis, Minnesota
December 19, 1966
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DETAIL OF CASH
RECEIPTS
VILLAGE OF MORNINGSIDE
Period of
Eight Months Ended August 31,
1966
Special Assessments
Funds
Water and
Sewer, Curb,
i Equipment
Water
Sewer
Sewer ewer.'
and Gutter
Street
General
Sewer
Water
Poor
Garbage
; Replacement
Main
Main
Main Improvement_
Improvement
Improvement
Source
Fund --
Fund
Fund
Fund
Fund'
Fund.
I
#6
#7
#8 1 #9
#11. #12
#14 General
Property taxes and assessments
$28,201.30
$5,466099
$6,693.75
_
$473.09
$982.03
$1,352.91 $2;395.32
$2,103.95
494.55 $170.02
State cigarette and liquor tax.
6,180.72
Permits and licenses:
,
Non — business
1,475.75
Business
699.00
Hennepin County Municipal Court
fines
399.00
Water sold to customers
$13,896.96
Interest
497.43
274.65
$66.58
= ;..
$44.39
i
106.25
56.88
Sale of improvement bonds
37,004.01
Hennepin County contribution for
22,202.42
improvement
Other
1,180:24
180.00
826.07
7.92
87.73
375.00
TOTAL $38,633,.44
$5,921.64
$14,723.03
$74.50
$6,693"75
$4409
$667.07
$982.03
$1,352.91 $2,395.32
$2,103.95
$60,132.86 $170.02
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DETAIL OF CASH DISBURSEMENTS
VILLAGE OF MORNINGSIDE
Period of Eight Months Ended August 31, 1966
Disposition
Mayor, council, cl,
assessor salaries
Council, treasurer
Clerk office space
Other clerk office
Legal, engineering
inspectors fees
irk, treasurer and
and assessor expenses
rent
expenses
and building
Insurance
Police protection
Fire and emergency protection
Library rent and expense
Rural Hennepin County Nursing Service
Weed and tree control
Recreation facilities:
Park administration
Summer playground and park
Skating rink
Municipal improvements and maintenance
expenses:
Labor
Sidewalks
Streets
Municipal building service road
Municipal building heat, light and
expenses
Equipment repair and parts
Fence enclosure for drainage lot
Minneapolis utility charges
Repairs and maintenance of system
Salaries and labor
Suburban Hennepin County Relief Board
contribution
Equipment purchases
Interest on bonds outstanding
Improvements bonds matured
Construction costs of improvement
Other
TOTAL
Special Assessments Funds
Water and Sewer, Curb,
Equipment Water Sewer Sewer -)ewer and Gutter Street
General Sewer Water Poor Garbage Replacement Main Main Main Improvement Improvement Improvement
Fund Fund Fund Fund Fund Fund #6 _ 7 #8 #9 #11, #12 #14
$ 3,777.52
366.04
1,500.00
468.36
1,879.32
1,291.56
7,066.66
3,218.00
653.02
524.97
839.25
$ 100.00
1,859.30
420.85
$ 2,380.15
$ 4,902.46
2,166.80
3,604.25
3,296.67
796.86
753.64
1,540.00
$17,060.68
$4,874.88 $11,513.00
2,139.22 2,438.21
594.42 1,046.73 $7,930.07
$119.20
$1,058095
$62.50 $103.00 $ 468.75 $ 368.50 $ 567.75
3,000.00 2,000.00 3,000.00
$59,989.69
1,005.50 354.36 616.71 10.00
$42,031.03 $7,962.88 $15,614.65 $119:20 $7,930.07 $1,058.95 $72.50 $103.00 $3,468.75 $2,368.50 $3,567.75 $59,989.69
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