The Courier News from Blytheville, Arkansas on April 21, 1931 · Page 3
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April 21, 1931

The Courier News from Blytheville, Arkansas · Page 3

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Blytheville, Arkansas
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Tuesday, April 21, 1931
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'AY, APRIL 21, 1931 JBljATHEVtLLE. <ARlLY OOURfEft PAGE THREi, >! Statement of Annual Report, City of Blytheville, March 31, 1931 Hon. Nelll Reed, Mayor, City of Blythivlll-, Arkansas. Dear Sir:— I herewith tra:&mU you the annual report ot condition of the afTalrs ot the City ending March 31, 1931, as follows: COMPARATIVE BALANCE SHEET EXHIBIT A. COMPARATIVE BALANCE SHEET EXHIBIT A-l. COMPARATIVE RECEIPT & DISBURSEMENTS EXHIBIT B. RECEIPTS & DISBURSEMENTS HOSPITAL BOARD EXHIBIT C. DISPOSITION OP APPEAL CASES EXHIBIT D. SALARIES PAYABLE SCHEDULE A-l. ACCOUNTS PAYABLE SCHEDULE A-2. FINES ASSESSED & DISPOSITION THEREOF SCHEDULE A-3. EXHIBIT A. Is comparative for one year ending March 31, 1931 of the Assftj and Uabllltles. This statement Is not fair for the year .lust closed, us It has been necessary uhder the circumstances to accrue all debts Incurred. Since the City has been on a cash basis, the books have been kept on 1 a receipt and disbursement basis, and all items were accrued when paid, and not accrued when Incurred. At.the end of every year there Is a lap from cue accounting period to the other of bills incurred and not paid, which naturally falls Into the next accounting |»rlod. and accrued when paid. In April .1929 there were unpaid Mils, arqund $5,200.00, In April 1930 lime v.rrp around 13,500.00 unpaid bills, and I have accrued bills amounting to $6,093.4!! ami charged to the \eur just closed, which Increases the burden for year unjustly, and throws our accounting plan out of place for comparative purposes. •• • EXHIBIT' A-l.' Is comparative for a two year period of Assets and Liabilities. The summary of this exhibit Indicates that a net gain lias been made lor the period of $17,991.74. EXHIBIT B. Receipts and Disbursements for the year ending March 31, 1931. and comparative for the tame period ending March 31. 1930. It Is indicated that a decrease in revenue of 110,445.63 was sustained. Also a deer, use in expenditures is Indicated of $1138.32, notwithstanding that 18,093.49 was accrued to disbursements which ordinarily would foil Into the next accounting period. The decrease In revenue Is bustaincd mainly the lour revenue producing items; nam"ly; Vehicle Licenses, Privilege Licenses, Street Tax, and Fines. EXHIBIT C. Receipts and Disbursements dl the City Hospital. It will b« noted that only scren months rent has been collected for the year, 'November, and December to be collected. I am advised by the Secretary of Ihc Hospital Board that the rent for the months of January, February and March have been waived, and the wnlvlng of oilier months may be necessary. There Is a ca h balance on hand now of $940.38. EXHIBIT D. Cases appealed to circuit Court and disposition made thereof. SCHEDULE A-l. Salaries Payable at the close of the year, Including the fire fighting expense all totaling 51,261.25. SCHEDULE A-2.. Accounts Payable at the close of t!ip year amounting to t4.832.24. A bill of the Associated Utilities amounting io $1,287.00 bting for the last quarier of the year was not .accrued as same received alter the books were closed for the year. ' ' • SCHEDULE A-3. Fines Assessed and Disposition Thereof. . • ' i The condition of the City is good considering the de ; )n.st times, and I Ke no' reason for any great alarm. The progress made for year jusl closed has been good under the circumstances, • I trust the information given In this report will be of some service In better administering the affairs of the City for the coining year. . : • 4 Respectfully Submitted, :.' Blytheville, Ark., April 4. 1931. A. O. HALL,'. Public Accountant & Auditor. COMPARATIVE BALANCE SHEET For Fiscal Year Ending Maixh .11, 1931 EXHIBIT A ASSETS For Years - 1930 Cash on Hand Current Fund Cash on Hand City Clerk t 1.000.00 Cash on Hand Hospital Board 1,336.18 Cash on Hand Hospital Bond Account 4.038.93 Cash in Sinking Fund 26.42 Equipment Fire Department 39,104.09 Equipment Street. Department 19,933.50 Equipment Police Department .- 1,785.00 Equipment City Clerk ; 210.00 Municipal Oaraje 1.500.00 City Hall Building '. 92,952.43 City Hospital Building 58,36857 Real Estafc- 6.800.00 Hospital Expenses 1.62583 City Operating Expense 61,895.41 Bond Interest Paid 8,10255 Accounts Receivable Piano Account (City Hall) 25.00 Bond Judgment (Gas Franchise) • Attorneys Fee (Gas Franchise) .'1931 . 'BIOS 940:33 4.291.43 876.42 20.316.10 1,785,00 : '270.00 1,500.00 . 92,932.43 58,2*8.97 6,»Op.OO 3,072.33 131,730:52 17^92.49 ! 63j03 .140.00 5,000.00 •; 250.00 Incrtase .or Assets I 53.08 1.000.00— • 396.50— 25Z.50 850.00 491.72 281.60 Decrease Expense 103.39— 5,000.00 250.00 (299,431.83 LIABILITIES : .' • Funding Bonds Payable/V.ST.".7'. 520.000.00 Hospital Bonds Payable 65.000.00 City Hall Bonds Payable 85.000.00 Hospital Bonds Funds Appropriated by Former . • Administration 6.622.98 County Millage Advanced V. 2,000.00 Accounts Payable 1,633.15 Hospital Rent Received 1,800.00 Hevvnue & Other Collections 73,470.14 Contingent Revenue - '. Interest, Payable (Farmers Bank) Surplus 1 43,905.56 i!8.500XW 1 84^000:00 H,6t>o.6o 13,794.01 •$1,500.00— 1,000.00— 1.000.00— 1,140.50 59.8i5.ll '8,589.54 169,811.15 1299,431.83 . Decreases are Indicated by minus sign: Thus— SUMMARY OF GAIN OR LOSS •.•:.';. Gain by Increase.in Assets $'5,794.01 Gain by Increase in Revenue ; 72.971.07 Loss by Increase hi Liabilities ;2,8M.09— Loss by Increase in Expenses ...!..'. : ', 69,171:15— Net Increase for Year 1931 ... - 8,199.84 Net Increase for E'rtor Year 11.091.90 Net Increase for Two Year Period 17,281.74 EXHIBIT A-l v . From April 1, 1929 to March M, 1911 ASSETS ' • 1931 Increase or 1929 Assets Cash in Current Fund : t 228.81 ( 53.08 $ 175.79— Cash on Hand City Clerk 5,336.90 5.336.90— Cash on Hand Hospital Board 1,162.71 940.38 222.33— Cash Hospital Bond Account 4.0Q4.77 4,291.43 286.69 Cash in Sinking Fund 24.30 , 878.42 852.12 Claim Peoples Bank (Defunct) -528.43 228.43— Equipment Fire Department -. 36,604.09 39,595.81 2.991.13 Equipment Street Department 18,398.60 20.215.10 1,816.60 Equipment Police Department 1,077.00 . 1,78500 708.00 Equipment City Clerk 170.00 270.00 100.00 Municipal Oarage 1,500.00 1.500,00 City Hall Building 92.952.43 92,953.43 City Hospital Buildinj 58,26«.»7 58,268.97 Real Estate 6.800.00 6,800.00 Hospital Expense 1,546.71 3,072.33 City Operating Expense 63.655.94 59,885.11 City Operating Expenses Year 1930 ' 81,845.41 Bond interest Paid 8.169.82 17.2S2.49 Bond Judgment (Gas Franchise) 5,000.00 Piano Account (City Hall) 140.00 Accounts Receivable (Uniforms) ' *3.03 Attorneys Fee (das Franchise) 350.00 Decrease Expenses $300,729.44 LIABILITIES 1929 Funding Bonds Payable »21,000.00 Hospital Bonds Payable 65.000.00 City Hall Bonds Payable 85,000.00 Hospital Bond Funds Appropriated by Former Administration 6.622.M County Mlllage Advanced 5,000.00 Eureka Fire Company -. 2,500.00 Hospital Rent Received 2,033.82 Revenue Is Other Collections 69,439.16 Revenue & Other Collections 1930 Contingent Revenue Accounts Payable 5,280.90 Interest Payable (Farmers Bank) Surplus 38,853.09 $375,099.99 118,500.00 54,000,00 84,000.00 8,622.98 2,860.00 64,921.07 75,470.14 6,000.00 6.093.49 3,738.07 43,901.24 5.00000 140.00 83,03 250.00 M.244.98 Uabllltlea »2,MO.OO- 1,000.»0— 1,000.00— 5,000.00- 5,SOO.OO- 912.59 3,738.07 5,048.15 1,525.62 58.OT4.5a 8,522.67 168.122.87 Revenues 81«,68 70,952.04 5,000.00 $300,729.44 $375,098.99 $2,401.19- I16,7«8.74 Decreases are Indicated by minus sl«n: Thus— SUMJfARY OF GAIN OR LOSS Gain In Increase In Assets I 6,244.68 Gain in Decreate In Liabilities 2,401.19 Gain In Increue In Revenue 76.7M.74 Less in Incnase in Operating Expense 88,113.87— Total Net Gain for Period $17,291.74 COMPARATIVE STATEMENT OF RECEIPTS AND DISBURSEMENTS City ot Bl>tb*»We II Months Kn#n t March 31, 1931. March 31, 1931 I 4.825.60 3,204.50 1(1450 145.00 8,785 .C 3 60.00 103.39 02.00 405.00 10.694.C5 30.076.05 C.OO •J.007.24 EXHIBIT B HECEina.' Street Department March 31. 1930 Vehicle licenses $6,206.65 Street Tax ,..., .- 5.041.UU Building and Adv. Permits M2.M) Oas Tax Refunds 210.80 Collection o» Material & Labor 109.75 Pullce Department Fihea ...'.'.'.. : 9.911 95 Appeal Cases 239.SO Collection on Uniforms 194.28 Refund on Traveling Expenses 20.il! Collections on Phone Calls 22.80 Overcharge Recovered .10.25 Fire Department Collection oii Fires GtnenU Department Privilege'.Licenses 18,575,55 County' Mlilage ' 31,049.13 Dojj Tax ..' 22.50 Delinquent .Taxes 2.010M Show'and Carnival Permits Refund on Bond Premium 25.00 Collection on Phone .75 Miscellaneous ..-.. •: ' 13.40 Auditorium Rent 20J.OO Interest —,... 34.16 Election Fe*s -..-.. 10.00 Piano-Rent — •• 465.00 Total Collection Intf'reit 'Warrant Farmers Bank Total Cash Collections Account* Payable Accrued Total for All. Departments DISBUE8EMENT8 Increase Decrease— 381.15— 2.430.50137,10— 125.80109.76- 3,156.33199,50- 92.8941.39 22.80- 10/J5 80.00- 2.980.90- 973.6B-- lli.60— 3.02— 25.00— .7531.40- 44.00210.31 112,50 Salaried .'.!-..'... Ubpr .. ...... •: . < Oa» ft .Oil •' ..... :. Repair: and Supplies Tejepfiope ...'.., ' •'• .,........ .......... • Miscellaneous •..',.... ..... . . . .' • Plumbing I.:;..;..;, Medical 'Services; ........ Fuel :,••.'•:;.;.••.*. >..:;..: ........ Pajment on Qratfer : Payrnent on'Trilck • ;ai|iiuilon (Hauling Garbage) Stop'Slgns ....,{.: ......... '. R'o«d- Drag • .;..-.-. . .......... . 175,470.14 .1.649.91 8,459.22 662.80 1,974,47 26.45 71804 50.00 13.55 15.50 • 21.11 101.85 .300.00 69.35 Petite iDtputocnt : Salaries ......-.,; ; Supplies- ____ .......... ,Ga«,.-Ott * Repairs .. .Jail .Board -..,.; ...... . • Laundjx ; . . ..-..,. .Police) Uniforms ;Purc.hases. Motorcycle ; Purchases., Automobile '' 13,131.55 112.86 669,09 1,159.95 15 80 362.10 255.00 . . 453.00 63.95 85.00 ,2095 28.75 ; - JMvrkSnseaU.i....^ : ...' .-oii.i**v»J v -""-* v1 '"'- i • ' •••' ^MMM^-^i.: '• " rt - J """'-: i Kpenses;-. 37.34 " 542.00 •'71.50 189.11 2,000.00 15.20 6,465.56 7.329.35 5,668.00 ;PrlnUhf-"'ahd : idv^rtlstni ." 617J6 Iii'suran*e"<fe'-.Taxes. ,.,.;.... :, 74498 . DojuUdns.' ..'.".•. .'.'.'. ..'...,.'..: 9*5,00 ...:.;......:.: 52957 It Supplies 1.105.36 Fuel ?': /< .'.;;•!; : 752.34 Clijf Piirul Ing. Bonds .: 1,000.00 City Hall-Bdbds City. HoaplUJ. Bonds Bond Irittrett 8.702J5 Purchase Adding Machine 100.00 Payment on .PUno (City Hall) 25,00 Interest- Paid • 34.16 Attorneys Fees (Gas Franchise) Bond Premium Accounts Payable Total for-All. Departments $75.034.69 Total: Decrease — $74.660.03 1.400.00 7,140.97 1,351.48 107.18 1,127.88 1.159.19 216.00 • 16.00 12,813.98 320.53 514.47 .1,800.15 20:05 100.00 4,104.00 3.509.35 443.12 130.69' 491.12 7,201.79 6,936.61 5.U3.63 19010 519.48 695.84 530.00 161.80 1,181.83' 765.19 1.500.00 1,000.00 1,000.00 8,563.15 115.00 42.74 250.00 - 108.50 1.633.15 $74.696.37 $10,445.68- 249J7— 1,316.35— 688.62 1,267.29— 28.45— 349.84 60.00— ' 13.25— 15.60— 21.11101.85- 300.00— 1,099.84 216.60 15.00 917.57207.67 354.62— 440.20 15.80— 3«2.70— 255.00— 453.00— : 43JO— 15,00 20.95— 769.06 342.01 S3.88— W 68.42— 106.06— z.boo.tw — .J5.29— 491.7Z 736.23 524.3714.13 »7.78— 149.14— 435,00— 12.85 500.00 1.000.00 1,000.00 139.20— 100.00 90.00 8.63 250.00 108.50 1.633.15 $338.32— STATEMENT OF RECEIPTS AND DISBURSEMENTS CITY HOSPITAL BOARD OF GOVERNORS You Endtaf March Jl, 1131 EXHIBIT C Balance Cash on Hand March 31, 1930 RECEIPTS Rent 7 Months of year $1,336.88 1,050.00 Total $2,386.88 DISBURSEMENTS Bep»lrs $ 379.02 Insurance l,120.29 Taxes 47.19 $1,446.50 Balance on Hand 940.38 Cash Deposited as Follows: Farmers Bank A Trust Co $105.98 First National Bank 834.40 Total Cash Deposited $940.58 NOTE: Ho Rent collected for November and December 1930. I am advised by Mr. Caudlll, Secretary of the Board that the rent has been waived for January-February and March, 1932, and it Is possible that the rent will be further waived.

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