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1971City of Bangor m aine ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED DEC. 311 1971 B R O O K S& C A R T E R Certified Public Accountants 84 Harlow Street Bangor, Maine 04401 May 1, 1972 Members in Council Bangor, Maine 04401 Gentlemen: We.have examined the following financial statements of the City of Bangor for the year ended December 31, 1971: Comparative Balance Sheet Statement of Estimated and Actual Revenues .and Tax Commitment - General Fund Statement of Appropriations and Expenditures - General Fund Analysis of Unappropriated Surplus - General Fund Statement of Capital Improvement Fund Statement of Income and Expense - Sewer Utility Fund Statement of Income and Expense - Airport Fund Statement of Revenue and Expense - Hospital Fund Our examination was made in a'ccordance 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 foregoing statements present fairly the financial position of the various funds of the City of Bangor at December 31, 1971, and the results of opera- tions of the General, Capital Improvement, Airport, Sewer Utility and Hospital Funds for the year then ended, in conformity with generally accepted governmental account- ing principles applied on a basis consistent with that of the preceding year. Respectfully submitted, 4er�tified Public Accountants C O N T E N T S General Fund Balance Sheet 1 Estimated and Actual Revenue 2 & 3 General Fund, Appropriations, Expenditures and Unexpended Balances 4 Capital Improvement Fund, Appropriations, Expenditures and Unexpended Balances 51 6, 7 General Fund, Analysis of Unappropriated Surplus 8 Tax Collection During Year of Levy 9 Statement of Tax Deeds and Tax Liens 10 Analysis of Taxes Receivable 10 Statement of Municipal Property 11 Combined Fund Balance Sheet, Assets 12 Combined Fund Balance Sheet -.Liabilities, Reserves and Surplus 13 Miscellaneous Funds Balance Sheet 14 Statement of Trust and Agency Fund 15 Statement of Debt Limit and Borrowing Capacity 16 Future Debt Service on Present Debt 16 Net Debt Ratio to Assessments and Net Debt per Capita 16 Monthly Operating Statement (Auditorium) i 17 Monthly Operating Statement (Municipal Golf Course) 18 Monthly Operating Statement (Sewer Utility Fund) 19 Monthly Operating Statement (Bangor International Airport Fund) 20 Monthly Operating Statement (Hospital & Home) 21 ASSETS CASH ON HAND AND DEPOSITS CASH ADVANCES & WORKING FUNDS Petty Cash Travel Expense Advances DUE FROM AIRPORT FUND DUE FROM TRUST & AGENCY FUND DUE FROM HOSPITAL FUND TAXES RECEIVABLE Uncollected Taxes ACCOUNTS RECEIVABLE Uncollected Taxes Secured by Tax Liens Other Miscellaneous STREET & SEWER ASSESSMENTS - DEFERRED INVENTORIES Office Supplies Operation &'Maint. Div.. Motor.Pool Steam Plant Education -Food Services Central Sign Shop Electrical Division Revised Ordinances TOTAL ASSETS *Deduct G E.N E R A L F U N D B A L A N C E S H E E T C I T Y O F B A N G 0 R, M A I N_E December 31, 1971 LIABILITIES, RESERVES AND SURPLUS 909.99 ASSESSMENTS TO BE LEVIED - FUTURE PERIODS 1,717.57 DUE TO CAPITAL FUND 304.10 2,021.67 DUE TO E.D.A. FUND 18,750.00 DUE TO SEWER FUND 836.34 12,654.12 687,186.65 RESERVES Encumbrances 314,113.00 Off -Street Parking 35157.76 Uncollected Taxes 355000.00 263,985.57 Accounts Receivable 10,000.00 316,237.28 580,222.85 150,715.14 15652.08 SURPLUS 172,849.35 57,598.59 28,606.67 15,932.70 113.28 64,420.62 39446.84 344,620.13 1,797,916.89 TOTAL LIABILITIES, RESERVES & SURPLUS 150,715.14 1,136,000.00 163,255.02 66,576.00 362,270.76 80,900.03* 157971,916.89 H STATEMENT OF REVENUE -ESTIMATEDD AND ACTUAL For the Year Ended December 31, 1971 TAXES- CURRENT YEAR'S LEVY Real property Personal Property Polls TOTAL TAXES -CURRENT YEAR'S LEVY OTHER LOCAL TAXES & PENALTIES Penalties & Interest- Taxes Auto Excise Tax TOTAL OTHER LOCAL TAXES & PENALTIES LICENSES &-PERMITS For Street Use Street Privileges &-Permits Business Licenses Police & Protective Amusements Professional & Occupational Non -Business Licenses & Permits TOTAL LICENSES & PERMITS FINES, FORFEITS & PENALTIES USE OF MONEY & PROPERTY Miscellaneous Rents & Concessions Municipal Golf Course Municipal Auditorium Other Buildings & Property TOTAL USE OF MONEY & PROPERTY FROM OTHER AGENCIES State Shared Taxes State Grants in Aid Federal Grants in Aid Payment in Lieu of Taxes Emp. Emergency Act -Welfare TOTAL FROM OTHER AGENCIES *Deduct Estimated Revenue 538165031.00 11,604,194.00 20,952.00 7,441J77.00 Revenue Billed and Uncollected -4725215.81 145,776.38 8,838.00 626,830.19 Cash and Other Credits 55,3741280.37 11,4389817.77 13,758.00 6,826,856,1 Total Revenue 55846,496.18 1,5849594.15 22,596.00 7,453,686.33 Excess or Deficiency* 30,46-5.18 19,599.85* 1,644.00 12,.509.33 325000.00 39,472.68 39,472.68 75472.68 500,000.00 5261074.51 326,074.51 269074.51 532,000.005655547.19 407.78 631508j83 5,5-7..19 33,547.19 40,000-.00 100.00 5,600.00 4,560.00 885.00 1,005.00 8,685.00 60,835.00. 23,850.00 27,982.99 100.00 5,680.00 5,165.45 1,273.00 377.00 11,153.25 51,731.69 24,172.28 27,982.99 100.00 5,680.00 5,165.45 1,273.00 377.00 11,153.25 51,731.69 24,172.28 12;017.01* 80.00 605.45 388.00 628.00* 2,468.25 9,103.31* 322.28 371-800.00 219575.24; 21,575.24 163224.76* 52,400.00 306.00 59,419.19 599725.19 7025.19 59,000.00 407.78 631508j83 63,916.61 4,916.61 9,900.00 1231146.57 12,146.57 23246.5' 1599100.00 713.78 '156.,649.83 1573363.61 1,736.39* 150,000.00 15224,196.00 480,111.00 64,000.00 1,918.,307.00 200.00 101, 309.,02 35,370.40 136,879.42 176,341.87 1,202;866.59 340,245.57 84.50 1,719,538.53 .176,341.87 151203,066.59 441,554.59 35,370.40 . 84.50 1,8561417:95 26,341.87 21,129.41* 38,1556..41* 28,629.60* 84.50 613889.05* tQ STATEMENT OF R E V E N U E- E ST IMATED AND ACTUAL For The Year Ended December 31, 1971 CHARGES FOR CURRENT SERVICES General Government Sa:Cety Highway Sanitation Health Schools Cemeteries Recreation Public Buildings TOTAL CHARGES FOR CURRENT SERVICES TRANSFERS FROM OTHER FUNDS Off -Street Parking Fund Group Insurance Fund Capital Fund Trust Fund (Bass Park) TOTAL TRANSFERS FROM OTHER FUNDS REIMBURSEMENTS Estimated Revenue Cash and Total Excess or Revenue Billed.and Other Revenue Deficiency* 111,322.71 Uncollected Credits 3045,400.00 239683.00 31.28 34,158.59 345189.87 103506.87 101550.00 184.00 43454.00 4,638.00 5,912.00* 29,100.00 15,122.82 1,952.84 17,075.66 121024,34* 1,100.00 1012.50 1,012.50 87.50* 4,200.00 5,145.50 5,145.50 945.50 456,559.00 31,730:44 390,930.39 422,660.83 33,898.17* 11,200.00 15,377.75 15077.75 41177.75 1,500.00 50.00' 1046.70 1096.70 403.30* 401,000.00 453190.75 451190.75 59190.75 577,892.00 47,118.54 499,269.02 5465,387.56 315504.44* 15,000.00 5,000.00 110,000.00 2,000.00 132,000.00 15,000.00 1,774.83 11,416.73 2,000.00 30.191.56 15,000.00 1,774.83 11,416.73 2,000.00 30.191.56 3,225.17* 98,583.27* 101.808.44* General Government 1652504.00 49488.75 187,393.97 191,882.72 263378.72 Welfare 70,000.00 385661.96 72,660.75 111,322.71 41,322.71 Oper. & Maint., Electral & Engineering 3045,400.00 75,258.66 753258.66 229,141.34* TOTAL REIMBURSEMENTS 539,904.00 43,150.71 3353,313.38 3789464.09 161039.91* GRAND TOTAL REVENUE 11,385,065.00 854,692.64 10,209,269.64 1150635962.26 3213102.74* *Deduct GENERAL FUND APPROPRIATIONS, EXPENDITURES AND UNEXPENDED BALANCES For the Year Ended December 31, 1971, DEPARTMENT OR Appropriation Disbursements Encumbrances Total 'Unexpended APPROPRIATION TITLE Disbursements Approp. & Encumbrances Legislative 7,580.00 7,886.74 7,886.74 306.74* Executive 46,023.00 44,252.98 60.00 445312.98 1,710.02 City Clerk 74,417.00 70,962.90 885.82 71,848.72 2,568.28 Finance 161,743.00 156,392.62 2,195.62 158,588.24 3,154.76 Registration of Voters 14,640.00 15,184.06 151184.06 544.06* Assessment 96,655.00 78,671.87 612.50 79,284.37 175370.63 Treasury 59,854.00 58,568.88 253:50 5.8,822.38 1031.62 Purchasing 35,999.00 31,742.51 14.70 315757.21 45,241.79 Planning 149,589.00 123,499,80 370.50 123,870.30 251718.70 Legal 28,639.00 28,453.47 28053.47 185.53 Personnel 23,632.00 229865.84 62.72 221928.56 703.44 Economic Development 35,270.00 31,154.58 1,674.30 32,828.88 23441.12 Police 579,844.00 5381290.36 11,955.90 550,246.26 29,597.74 Fire 769,368.00 763,101.13 586.55 763,687.68 5,680.32 Code Enforcement 81,571.00 75,615.86 212.115 75,828.01 5,742.99 Civil Defense 2,135.00 512.29 - 512.29 1,622.71 Hospital (Deficit) 110,000.00 1645,824.91 1645824.91 54,824.91* Health 131,053.00 111,063.66 1,388.49 1129452.15 18,600.85 Welfare 199,504.00 286,476.46 2865,476.46 86,972.46* Parks & Recreation 381,010.00 377,832.12 120.27 377,952.39 35057.61 Fine Arts 900.00 848.00 848.00 52.00 Public Building -City Hall 605087.00 59,111.51 975.00 60086.51 .49 Public Services 1,338,230.00 15,1915724.06 555,638.33 1,247,362.39 90,867.61 Harbors & Wharves 35,300.00 15789.94 11,789.94 15,510.06 Pensions 433,100.00 3589313.04 358,313.04 74,786.96 Contingent 17,145.00 4,500.00 4000.00 8,500.00 8,645.00 Debt Service 657,604.00 6585797.33 658,797.33 1,193.33* County Tax 121,125.00 121,125.00 1215,125.00 Public Library 120,936.00 120,936.00 120,936.00 Education 5,5139816.00 55214003.39 2335106.65 554473410.04 661405.96 TOTAL GENERAL FUND BUDGET 11,2545769.00 10,718,801.31 3141113.00 11,032,914.31 221,854.69 OVERLAY 68,646.00 681646.00 68,646.00 RECREATION DISTRICT TAX 61,650.00 611,.650.00 61,650.00 TOTAL BUDGET REQUIREMENTS 11,385,065.00 101,849,097.31 314,113.00 1151639210.31 2211854.69 *Deduct � CAPITAL IMPROVEMENT FUND APPROPRIATIONS, EXPENDITURES AND UNEXPENDED BALANCES As at December 31, 1971 APPROPRIATION TITLE Stillwater Park -Urban Renewal Kenduskeag Stream -Interceptor Sewer New City Hall Renovation New Fire Station Site Fairmount Terrace Broadway Traffic Signal Main & Union Traffic Signal Harlow & Central Traffic Signal Harlow Street Lights Harlow Street Traffic Circle Traffic Control System Forest Avenue Lights Gravel Plant Improvements Asphalt Plant Improvements Water Street Kenduskeag Park West Harlow Street Sidewalk Strickland Road Old City Hall Parking Lot Dunning Blvd. Storm Sewer Airport Supply Building Ohio Street Pump Station Perry Road Sewer Auditorium Roof Sidewalk Improvements Auditorium Improvements Illinois Avenue Relocation New York Street Land Acquisition Westland -Union Land Acquisition Temporary Parking - Broad Street Main & State Paving - State Aid Summit Avenue Bellevue Avenue Hempstead Avenue Longrale Park Pier Street Sewer Appropriation Disbursements Encumbrances 321,472. 21 138,071.00 380,200.54 100,000.00 49,750.00 7, 000.;00 8,000.00 8,000.00 60,000.00 15,000.00 65,000.00 29000.00 39,000.00 26,000.00 30,000.00 12,940.79 15,000.00 80,157.07 161, 000.00 4,736.79 '37,500.00 7,192.24 130,000.00 30, 000.00 100,000.00 50,000.00 87,000.00 22,000.00 6,000.00 90,000.00 4,000.00 7,000.00 30,000.00 9,309.03 35,000,00 314,120.48 132,071.00 380,200.54 36,140.27 4,446. 03 6,130. 04 674.47 24,, 587.70 19,641.76 512.43 53,887.69 31,775.75 12, 940.79 12,070.35 80,157.07 59,170.29 4,736.79 91690.00 7,192. 24 1,250.36 49,331.40 43,890.47 69,244.18 22,340.00 6,386.93 60,074.45 9,387.53 (115.20) 17,593.01 7,314.60 1,879,50 Total Continuing Disbursements Unexpended & Encumbrances Approp. 314,120.48 7,351.73 132,071.00 6000.00 380,200.54 100, 000.00 365,140.27 139609.73 49446.03 21,553.97 69130.04 1,869.96 674.47 7,325.53 249587.70 35012.30 19,641.76' 4,641.76* 65,000.00 512.43 1087.57 53,887.69 14,887.69* 26,000.00 319660.55 1,660.55* 12,940.79 121070.35 2,929.65 80,157.07 769763.30 845236.70 4,736.79 9,690.00 1279810.00 7J92.24 19250.36 1289749.64 565646.00 26,646.00* 435890.47 56,109.53 50,000.00 69,244.18 175755,82 22,340.00 340.00* 6,000.00 8,266.43 8,266.43* 60074.45 29,925.55 4,000.00 7,000,00 30,000.00 9,387.53 78.50* 35,000.'00 (Continued) CAPITAL IMPROVEMENT FUND APPROPRIATIONS, EXPENDITURES AND UNEXPENDED BALANCES As at December 31, 1971 APPROPRIATION TITLE Arctic Brook Sewer K -Mart Sewer Race Track Improvement Hold Romm-Arrivals Building Hospital Recreation Area Blue Hill East -Extension Union St. Sewer Extension Int. Sewer Stage 3 Int. Sewer Legal -Fiscal Int. Sewer Preliminary Report Int. Sewer Final Design Int. Sewer Consultation Int. Sewer Resident Engineer Int. Sewer K.S.Field Tests Int. Sewer Laboratory Tests Int. Sewer Survey Report Int. Sewer Borings, etc. Int. Sewer Resident Inspector Int. Sewer Additional Service Int. Sewer Construction Costs Int. Sewer Stage 4 Costs Int. Sewer Stage 5 Costs Int. Sewer Easement Int. Sewer Eligible Contingency Int. Sewer Ineligible Contingency State Aid Main St. Sidewalk Washington St. Construction Broad & Independent Streets Pickering Square Parking Lot Curve St. Land Acquisition International Arrivals Building Hangar 252 Football Field Construction High School Land Acquisition Abraham Lincoln School Land Acquisition Parallel Taxiway Repairs Appropriation Disbursements Encumbrances 45,000.00 20,000.00 10,177.41 64,000.00 1,691.53 1,261.52 2,081.72 5,000.00 1,000.00 5,000.00 100,000.00 35,000.00 60,000.00 5,000.00 5,000.00 15,000.00 12,000.00 13,000.00 15,000.00 15630,000.00 30,000.00 10,000.00 72,000.00 10,000.00 86,842.21 95,000.00 65;000.00 105,000.00 105,000.00 40,000.00 9,265.42 27,000.00 9,550.03 55,000.00 247,442.76 12,584.72 41,274.22 10,006.32 73,774..87 1,691.53 1,399.29 3,415.55 383.99 64,953.48 19,964.70 13,728.30 11,92-3.23 762.73 964.28 86,842.21 85,411.00 50,858.50 126,754.19 2,153.19 7,987.77 9,550.03 1,425.00 3,136.88 28,995.00 14,262.77 115.20 (Continued) Total Disbursements & Encumbrances 41,579.72 55,536.99 10,006.32 73,890.07 1,691.53 1,399.29 3,415.55 383.99 64,953.48 19,964.70 13,728.30 11,923.23 762.73 86,842.21 85,411.00 50,858.50 126,754.19 2,153.19 7,987.77 9,550.03 Continuing Unexpended Approp. 3;420.28 35'-'536.99*" 9,890.07* 137.77* 1,333.83* 4,616.01 1,000.00 5,000.00 35,046.52 35,00.0.00 60,000.00 5,000.00 5,000.00 4,964.70* 1,728.30* 13,000.00 15,000.00 136303000.00 18,076.77 762.73* 10,000.00 71,035.72 10,000.00 9,589.00 14,141.50 21,754.19* 102,846.81 40,000.00 9,265.42 19,012.23 55,000.00 13,425.00 2465017.76 3,136.88 35136.88* (Continued) 0 APPROPRIATION TITLE State St. Sewer Relocation Hildreth St. North Sewer Interceptor Sewer Ineligible Contingency Interceptor Sewer Consultant Main & Hammond Traffic Signal North Hildreth Street TOTALS *Deduct CAPITAL IMPROVEMENT FUND APPROPRIATIONS, EXPENDITURES AND UNEXPENDED BALANCES As at December 31, 1971 (Continued) Appropriation Disbursements Enclumbrances Total Continuing Disbursements Unexpended & Encumbrances Approp. 162000.00 467.80 467.80 15,532.20 2.50 2.50 2.50* 1,248,116.08 1,248,116.08 1,248,116.08 441,536..32 443,536.32 44,536.32 1,000.00 13,000.00 1,000.00 6000.00 15053.24 1,053.24 4,946.76 111125.83 11,125.83 11,125.83' 61596,294.67 3,388,830.96 70,512.68 3,459,343.64 3,136,951.03 CITY OF BANGOR ANALYSIS OF UNAPPROPRIATED SURPLUS - GENERAL FUND FOR THE YEAR ENDED DECEMBER 31, 1971 Balance, January 1, 1971 Additions Excess of appropriations over expenditures Proceeds from sale of City -owned property Supplemental levy on taxes Prior years' adjustments: General Fund: Payments in lieu of taxes - 1970 1970 Steam;Plant operating loss allocated to Airport Fund Reserve for ambulance services closed to Surplus Allocation of 1970 interest charges to Airport and Hospital Funds Other Hospital: Retroactive Medicare and Medicaid payments 1970 interest charges allocated from General Fund Other Miscellaneous Receipts Total Additions Sub -Total Excess of estimated over actual revenues, Add: Excess of actual over estimated revenues applicable to current year's taxes Net excess charge to surplus Surplus appropriated 1,971 Excess of private services expenditures -over revenue for 1971 Uncollectible accounts and taxes 'General -Fund Hospital Fund Cash shortage 1971 Total Deductions Balance, December 31, 1971 $ 61,081:80 27,975.06 26,517.28 17,975.91 (8,461.76) 125,088.29 26,071.00 (6,020.54) 340.19 20.390.65 321,102.74 12,509.33 21,167.61 13,925.59 $221,854.69 550.00 29,396.44 145,478.94 5,721.63 333,612.07 3,145.44 35,093.20 693.90 H*. $(111,357.12) 403,001.70 291,644.58 372,544.61 $ (80,900.03) TAX COLLECTION - DURING YEAR OF LEVY Yr. Ended Property Property Tax Tax Levy Adjusted Collections Percent.of Dec. 31 Tax List Rate per M Levy in Yr..of Levy Collections 1958 1239095,900.00 26.00 3,20011493.00 3,193,807.00 2,981,232.00 .93.4 1959 1249001,800.00 26.00 3,250,046.00 35,2465829.00 350575818.00 94.2 1960 126,774,100.00 29.00 33,676,449.00 3,660,163.:00•::,,` 311442,169.00:. 94.0 1961 1271261,300.00 31.20 3,970,553.00 3,968,201.00 3;6965342.00 93.2 1962 140,068,100.00 28.80 41P033,961.00 4110249849.00 3,7751249.00 93.8 1963 139,702,300.00 30.20 41,219,010.00 4,2081149.00 3,937,823.00 93.6 1964 139,6535100.00 31.00 45329,246.00 43,3149008.00 45031,279.00 93.4 1965 141,359,000.00 32.00 455235488.00 45498,527.00 4,216,158.00 93.7 1966 1425124,900.00 34.40 41889,097.00 4,879,208.00 455025672.00 92.3 1967 1433,586000.00 35.00 550259510.00 5017,947.00 456913274.00, 93.5 1968 14750321600.00 36.70 50965,096.00 533851506.00 5021,073.00 93.2 1969 151,925,000.00 40.60 6,168,155.00 6,170,973.00 596651882.00 91.8 1970 160,040,900.00 42.50 65801,738.00 61803091.00 6,2615715.00 92.0 1971 1875854080.00 39.50 73420,225.00 7077002.00 65750,47.2.00 91.5 a STATEMENT OF -,TAX -DEEDS .AND -TAX LIENS ..Yearl:End.ed;.:Deb ember 314'.,1971 10 Years Balances 1970 Taxes Redeemed Cancelled Adjustments Balances 630.72 1/1/71 Int.& Costs 1965 2,163,20 Increase 12/31/71 Prior 602.55 1968 8075.28 1969 145523.55 602.55 1956 319.67 626,830.19 1972 684.00* TOTAL 319.67 1957 468.77 40.14 428.63 1958 444.20 2.56 446.76 1959 441.91 9.74 432.17 1960 1,212.06 10.34 1,201.72 1961 1,579.06 199.02 1,380.04 1962 43830.14 663.41 4,166.73 1963 63,578.83 1,178.24 5,400.59 1964 4,883:53 713.32 45,164.21 1965 7,039:92 944.32 285.39 5,810.21 1966 12,114.59 3,096.39 210.29 8,807.91 1967 19,373.86 6,240.12 253,24 8.66 125p889.16 1968 31,152.78 10,276.04 810.71 203,066.03 1969 949681.49 36,278.02 95,36 58,308.11 1970 201,048.01 60,967.27 519.66 139,561,08 TOTALS 185,723.36 201,048,01 120,622.37 2,174.65 :.11:22 263,985.57 *Deduct ANALYSIS OF TAXES RECEIVABLE As at December 31, 1971 Year Taxes Uncollected 1961 177.00 1962 16.00 1963 630.72 1964 309.40 1965 2,163,20 1966 3,860.12 1967 4,766.50 1968 8075.28 1969 145523.55 1970 26,218,69 1971 626,830.19 1972 684.00* TOTAL 687,186.65 11 STATEMENT OF MUNICIPAL PROPERTY December 31, 1971 CLASSIFICATION AMOUNT Buildings 10,160,971.00 Land 2018,461.00 Streets 4,8233355.00 Sidewalks 411,644.00 Bridges 7491350.00 Retaining Walls 164:1020.00 Statues 210000.00 Electrical 3459556.00 Street Signs 8,964.00 Storm Sewers 4,737.00 TOTAL 18,8975058.00 ASSETS.'. Cash on Hand & Deposits Petty Cash Due from Airport Fund - Due from General Fund Due from Hospital Fund Due from Sewer Fund Due from Trust & Agency Fund Travel Expense Advances Savings Accounts Securities Custody of Kirstein Fund Trustees Accounts Receivable Taxes Receivable Taxes Receivable -Tax Liens Street & Sewer Assessments -Deferred Inventories School Food Service Inventory Estimated Revenue To be Provided Future Periods C O M B I N E D F U N D B A L AN C E S H E E T As at December 31, 1971 TOTAL General Capital Fund Improvement 37,745.77 1,717.57 213,750.00 1,1369000.00 46,654.12 142,000.00 836.34 304.10 49,088.49 293,073.83 30,604.55 316,237.28 687,186.65 263,985.57 150,715.14 328,687.43 15,932.70 1,993,000.00 99910,520.00 909.99 1,717.57 18,750.00 12,654.12 836.34 304.10 316,237.28 687,186.65 263,985.57 150,715.14 328,687.43 15,932.70 Fund 1,908.544 52,000.00 1,136,000.00 34,000.00 15993000.00 Trust and Municipal Agency Fund Debt Fund 34,927.24 143,000.00 142,000.00 49,088.49 293,073.83 30,604.55 9,910,520.00 TOTAL ASSETS 15,618,039.54 1,797,916.89 3,216,908.54 692,694.11 9,910,520.00 C O M B I N E D F U N D B A L A N C E S H E -E T As at December 31, 1971 LIABILITIES, RESERVES & SURPLUS TOTAL General Capital Fund Improvement Fund Notes Payable 5935520.00 Bonds Outstanding 9,317,000.00 Due to Capital Fund 1436,000.00 Due to E.D.A. Fund 163,255.02 Due to Sewer Fund 661576.00 Assessments to Levied -Future Periods 1509715.14 Appropriations 3,136,951.03 Off -Street Parking Fund 3,157.76 Accounts Receivable Reserve 10,000.00 Encumbrance Reserve 3941,070.51 Miscellaneous Reserves 691,857.77 Uncollected Taxes Reserve 355000.00 Surplus Unappropriated 805900.03* Due to General Fund 836.34 TOTAL LIABILITIES, RESERVES & SURPLUS 1596183,039.54 *Deduct 19136000.00 163,255.02 66,576.00 150,715.14 3,157.76 10,000.00 314;:113.00 35,000.00 80,900.03* 3,136,951.03 79,957.51 Trust and Municipal Agency Fund Debt Fund 691,857.77 836.34 593,520.00 9,317,000.00 15797,916.89'_r.312169908.54 692,694.11 9,910,520.00 ASSETS Cash Accounts Receivable Prop.Taken on Tax Deeds Fixed Property Inventory Due from General Fund Dep.with Cap.Fund-Const. Construction in Progress Development Exp.Incurred TOTAL ASSETS 14 MISCELLANEOUS FUNDS BALANCE SHEET As at December 31, 1971 Sewer Airport Terminal Fixed Hospital Utility Fund Building Asset Fund Fund 34,000.00 Fund Fund :143,000.00 1,898.92 2,440.94 115,114.18 55588.88 148,980.23 68,095.80 83329.01 72,240.47 15216.95 3,175.23 8,995.95 685,943.29 12,7525136.45 Accts.Rec. Reserve 1858975058.00 10,216.10 11,958.51, Res.for Fed.& State Grants 2064,600.00 665576.00 100543,165.87 163,255.02 18,906,053.95 Surplus 249,343.24 15:9,783.85* Due to General Fund 7,438.08 1.23,654.12 1,975,744.98 13,238031.43 705536:74 2,254,114.18 18,906 5 053.95 775829.35 ' LIABILITIES° Accounts Payable 6033.34 905598.53 Due to Capital Fund 52,000.00 34,000.00 Due to Trust & Agency Fd. 1425000.00 :143,000.00 Cash Grants and Adv. -Res. 2,155,186.64 Int..&.Other. Income _Res:'.. 83329.01 Encumbrance Reserve 15216.95 3,175.23 Replacement Reserve 685,943.29 21.15 Accts.Rec. Reserve 13300.0.00 10,216.10 28,000.00 Res.for Fed.& State Grants 2064,600.00 Invest.in Fixed Assets 100543,165.87 18,906,053.95 Surplus 4229594.68* 15:9,783.85* Due to General Fund 18,750.00 1.23,654.12 I . TOTAL LIABILITIES *Deduct 13, 238, 331.43 70,536.74 2,254,114.18 18,9069053.95 77,829.35 STATEMENT OF TRUST AND AGENCY FUND As at December 31, 1971 FUND Adams Bangor Firemen's Relief Bangor Fuel Society Bangor High School Loan Bangor Mechanic Association Bass Park Cemeteries Arthur Chapin Thomas U. Coe Hiram H. Fogg French Medal Holton Public School Home for Aged Women Kirstein - City Hospital & Home Kirstein Missionary Kirstein Scholarship Kirstein Student Loan D. A. Miller Morey, Arthur J. Melvin M. Murch O'Connell Trust Hiram P. Oliver Penobscot Association for the Blind Pierce, Anna Hayford L. E. Sabine Flora I. Seavey Stetson Missionary Stetson George T. Stodder Twitchell Fund Wakefield A.E. Webber, Jr. Scholarship Cianchette Bros. -Escrow Account Pfaff Fund Charlotte Hall Miscellaneous Employee Deductions Employees' Retirement Hunting & Fishing Fees- State Employees' Savings Bonds Employees' State Group Life Insurance Union Mutual Insurance Miscellaneous Deposits United Fund Workmen's Compensation Federal Grant Police Plumbing Fees - State Union Dues & Income Protection Plan Blue Cross Federal Withholding Tax - City State Withholding Tax - City Miscellaneous - School Dept. Hospital Patients' Personal Funds Miscellaneous Federal Withholding Tax -Schools State Withholding Tax - Schools TOTALS *Deduct 15 Fund Balance Total Principal Income Fund 105000.00 462.02 10062.02 8,906.82 1,557.67 105464.49 4,500.00 232.93 45732.93 200.00 222.84 422.84 12,000.00 4.48 12004.48 2,517.33 25517.33 199,055.39 199,055.39 14,537.85 7031.06 219868.91 3,000.00 153.62 35153.62 11000.00 739.51 1,739.51 10,500.00 614.49 11,114.49 2,000.00 727.19 2,727.19 255000.00 13,271.85 265271.85 500.00 169.44 669.44 1,000.00 224.05 13224.05 55,000.00 4.37 55004.37 30,604.55 126.64 30,731.19 500.00 28.23 528.23 15000.00 391.20 1091.20 5,732.84 2,245.66 7,978.50 1,000.00 980.33 1.,980.33 25,000.00 1,501.35 33,501.35 10.13 10.13 4000.00 201.50 45201.50 1,000.00 1,002.39 2,002.39 13000.00 177.85 1,177.85 12,000.00 554.43 123554.43 55000.00 231.01 5,231.01 11000.00 561.61 113561.61 766.83 300.06 13066.89 10,000.00 513.73 10,513.73 2,000.00 171.84 2,171.84 139539.83 13,539.83 800.00 73.85 873.85 5,905.84 503.79 63409.63 111.00 111.00 169324.27 165324.27 2,183.65 25183.65 1,175.57 1,175.57 25491.83 25491.83. 287.50 287.50 7,082.00 7082.00 316.25 316.25 11,776.95* 11,776.95* 69,416.00 69,416.00 34.14 34.14 176.28 176.28 5,943.40 5,943.40 519213.99 51,213.99 4,167.18 4,167.18 34,619.98 349619.98 5,951.43 55951.43 415.13 415.13 66,679.49 66,679.49 4,187.23 4,187.23 6665059.45 25,798.32 6913857.77 STATEMENT OF DEBT LIMIT AND BORROWING CAPACITY 16 December 31, 1971 ASSESSED Valuation April, 1971 18738545380.00 Debt Limit (72% at Valuation) 145089,078.00 City of Bangor Liabilities Bonded Debt 9317,000.00 Notes Payable 593,520.00 9,910,520.00 Net Borrowing Capacity 4,1785558.00 FUTURE DEBT SERVICE ON PRESENT DEBT December 31, 1971 Total YEAR Bond Bond Note Note Future Maturities Interest Maturities Interest Debt Service 1972 7435000.00 3669051.00 406040.00 14062.00 1,529,853.00 1973 743,000.00 3385395.00 56040.00 8,321.00 15146,156.00 1974 743000.00 3,1:0,740.00 563440.00 5,856.00 13116,036.00 1975 710,000.00 2835,084.00 56040.00 3091.00 1,052,915.00 1976 710,000.00 255`,990.00 4040.00 925.00 9719355.00 1977 710000.00 228,895.00 4040.00 670.00 9445005.00 1978 6995000.00 2015801.00 43,440.00 414.00 9055,655.00 1979 699,000.00 1751084.00 41440.00 159.00 878,683.00 1980 6403000.00 1485668.00 141,359,100.00 .05106 788,668.00 1981 640,000.00 123,994.00 .05967 217.59 763,994.00 1982 585,000.00 99,321.00 223.43 1968 6845321.00- 84,321.001983 1983 370,000.00 76,317.00 1969 9,672,400.00 4461,317.00 1984 320,000.00 609068.00 9,784,960.00 1605040,900.00 3801,068.00 1985 280,000.00 45000.00 187,8549380.00 .05276 325,300.00 1986 2601000.00 32,633.00 2921,633.00 1987 2409000.00 211,265.00 2619265.00 1988 1155,000.00 10,563.00 125,563.00 1989 50,000.00 4,660.00 54.5660.00 1990 351,000.00 2,083.00 37,083.00 1991 25,000.00 613.00 25,613.00 TOTALS 9,317,000.00 2,785,525.00 593,520.00 345098.00 129730,143.00 NET .DEBT.SRATI.O': TO ASSESSMENTS; AND NET DEBT PER CAPITA Year Net ..., ..Assessments .: -y Net Debt Per Capita Debt Ratio to Net Debt Assessments 1960 2,391,000.00 126,774,100.00 .01886 61.38 1961 2,581,000.00 127,261,300.00 .02028 66.33 1962 7,506,000.00 140068,100.00 .05359 192.90 1963 7013000.00 139,702,300.00 .05306 190.51 1964 7,402,000.00 139,653,100.00 .05300 190.22 1965 7,219,000.00 141,359,100.00 .05106 185.50 1966 8,4679000.00 142,124,900.00 .05967 217.59 1967 8,694000.00 143,586,000.00 .06055 223.43 1968 91466,000.00 147,032,600.00 .06438 243.27 1969 9,672,400.00 151,925,000.00 .06366 248:57 1970 9,784,960.00 1605040,900.00 .06114 295.01 1971 9,910,520.00 187,8549380.00 .05276 298.80 OPERATING REVENUE: 5020 Building Rental 5029 Concessions TOTAL OPERATING REVENUE City of Bangor AUDITORIUM DIVISION Parks & Recreation Department Monthly Income Statement Month of December, 1971 1971 This Year Budget Month To Date 261000.00 4,650.18 38015.09 33000.00 1,479.36 25,601.52 17 Last Year Month To Date 987.50 22,791.94 815.68 21,867.35 59,000.00 6,129.54 63,916.61 1,803.18 44,659.29 OPERATING -EXPENSE .. . 6,600.37 65700.00 217.82 3,635.49 144.90 Municipal Auditorium 173425.00 971.57 129820.89 477.08 9,913.97 48-40-01 Personal Services 153310.00 2,001.84 19,391.66 48-40-02 Supplies 2,005.00 617.60 25537.84 48-40-03 Contractual Serv. 35750.00 432.24 5,801.01 48-40-04 Communications 300.00 20.95 267.28 48-40-05 Fuel & Utilities 139700.00 25335.16 141,009.30 48-40-06 Equipment Costs 2,238.00 152.00. 15818.60 Sub -Total 375,303.00 55559.79 435825.69 Concessions 48-41-02 Supplies 48-41-03 Contractual Serv. Sub Total TOTAL OPERATING EXPENSE OPERATING INCOME 48-40-10 Outlay Expense Debt Service NET INCOME *Loss 1,590.80 255.57 596.38 18.70 1,762.78 343.99 14,778.33 1,719.93 5,841.84 258.70 9,749.10 1,864..10 49568.22 345212.00 10,725.00 753.75 9,185.40 332.18 6,600.37 65700.00 217.82 3,635.49 144.90 35313.60 173425.00 971.57 129820.89 477.08 9,913.97 54,728.00: 6,531.36 56,646.58 5,045.30 44,125.97 4,.272.00 401.82* 7,270.03 41305.00 6,189.55 61,650.00 5,110.00 61,650.00 3442.12* 533.32 620.54 5432.00 62,762.00 61,683.00* 5,511.82* 60,569.52* 8,474.12* 62,849.22* City of Bangor GOLF COURSE DIVISION Parks '& Recreation Department Monthly Income Statement Month of December , 1971 TOTAL OPERATING REVENUE OPERATING EXPENSE 48-50-01 Personal Serv. 48-50-02 Supplies 48-50-03 Contractual Serv. 48-50-04 Communications 48-50-05 Fuel & Utilities 48-50-06 Equipment Costs TOTAL -OPERATING EXPENSE OPERATING INCOME. 48-50-10 Outlay Expense Debt Service NET INCOME *Loss :Last Year Month To Date 35.00 159858:50 35,68M0 19.50 26084.75 370.00 529400.00 22.00 59,725.19 54.50 461395.25 35,888.00 13545.96 1971 This Year OPERATING REVENUE Budget Month To Date 5010 Membership -Resident 18,000.00 22.00 19,066.50 5011 Membership -Non -Res. 4000.00 4007.00 5012 Greens Fees 30,000.00 35,107.50 5013 Locker Rental 400.00 769.00 5014 Concessions 1,560.00 375.19 TOTAL OPERATING REVENUE OPERATING EXPENSE 48-50-01 Personal Serv. 48-50-02 Supplies 48-50-03 Contractual Serv. 48-50-04 Communications 48-50-05 Fuel & Utilities 48-50-06 Equipment Costs TOTAL -OPERATING EXPENSE OPERATING INCOME. 48-50-10 Outlay Expense Debt Service NET INCOME *Loss :Last Year Month To Date 35.00 159858:50 35,68M0 19.50 26084.75 370.00 529400.00 22.00 59,725.19 54.50 461395.25 35,888.00 13545.96 33,813.45 15544.16 315298.90 7,100.00 143.31 43,310.44 9.25 5,271.28 35227.00 42.81 33188.85 2,927.49 250.00 12.14 98.57 1.25 104.33 4,725.00 .234,01 3,171.78 212.04 3027.83 1,560.00 24.14 528.91 563.92 52,750.00 2002.37 45,112.00 15766.70 435593.75 350.00* 1,980.37* 149613.19 15712.20* 2,801.50 15650.00 2,268.74 1,701.39 19,968.00 19672.00 19,968.00 15700.28 209400.28 21,968.00* 3,652.37* 7,623.55* 3,412.48* 199300.17* 19 City of Bangor SEWER UTILITY FUND Monthly Income Statement Month of December, 1971 OPERATING REVENUE - 80 -9601 Domestic 80-9609 Sewer Assessments TOTAL REVENUE OPERATING EXPENSE- 80-01 Administration 80-02 Stations & Plant Operation 80-03 "City System" Oper & Maint. 80-06 Depreciation TOTAL OPERATING EXPENSE OPERATING INCOME 80 - 10 Outlay Expense Debt Service NET INCOME *Loss 0 This Year Month To Date 44,198.07 486,712.03 3,791.54 10,828.20 Last Year Month To Date 44,445.31 474,038.02 47,989.61 497,540.23 441445.31 474,038.02 820.93 125652.64 641.80 14,755.27 11,267.16 1111465.42 10,163.73 99,343.78.. 1,618.06 60,065.58 4,136.43 481444.88 39,602.32 209,338.08 162,635..00 53008.47 393,521.72 14,941.96 325,178,93 5,318.86* 104018.51 29,503.35 148,859.09 11,211.74* 145.12-- 22.1350.51 238,703.79 241,798.00 27,669.37* 134,685.28*. 405,715.09 93,084.63* 20 City of Bangor BANGOR INTERNATIONAL AIRPORT FUND Monthly Income Statement Month of December, 1971 OPERATING REVENUE; This Year Last Year Month To Date Month To Date Landing Area 9,420.18 1749577.28 7,420.76 169,795.99 Aircraft Service Area 115094.02 235023.38 95,323.91 192,222.16 Terminal Services Area 4,635.37 513,329.22 21368.39 50,724.23 Revenue Producing Areas 12,019.93 132,449.66 8,985.09 111,305.88 Int. Arrivals Building 35435.74 78,995.87 39516.04 46,660.42 TOTAL REVENUE 40,605.24 672,375.41 315614.19 570,708.68 OPERATING EXPENSE: Administration 10,615.77 84,918.93 7,624.53 855607.64 Landing Area 269868.97 275,786.94 37,841.69 2499854.94 Aircraft Service Area 7012.93 47,529.71 89800.57 40,123.37 Terminal Service Area 6,429.53 41,538.31 4055.54 455,837.58 Rev. Producing Industrial Area 9,471.94 62,830.48 89061.77 441342.37 Int. Arrivals Building 6,017.16 47,224.51 3,033.08 26,793.61 TOTAL OPERATING EXPENSE 66016.30 5593828.88 69,817.18 492,559.51 OPERATING INCOME 25,811.06* 1125546.53 38,202.99* 785149.17 Debt Service 13090.28 115,571.43 89806.69 NET INCOME 39,201.34* 3,024.90* 38,202.99* 69,342.48 *Loss 21 City of Bangor HOSPITAL FUND Monthly Income Statement Month of December , 1971 OPERATING REVENUE: This Year Last Year Month To Date Month To Date 7101 Medicare 1,046.42 7,851.20 15056.10 7078.39 7102 Medicaid 9,298.90 67,991.80 15822.11 28,793.31 7103 State Nursing Aid 105178.77 136000.07 95854.67 1215172.05 7104 Full Pay 935.62 85,882.77 11,664.37 999409.01 7105 Welfare 685.73 25,796.04 3058.16 363,109.62 7130 Employee Meals 1,020.90 6,154.30 949.60 6,183.23 7131 Employee Pharmacy 200.63 772.59 237.13 1064.34 7134 Medical Supplies 509543.65 134.04 23.17 99.55 7135 Building Rental 772.00 9,624.00 803.50 9,289.92 TOTAL OPERATING REVENUE 243138.97 340,606.81 29,468.81 309,999.42 OPERATING EXPENSES 81-01 Administration 9,425.08 27,097.79 23,118.98 284,575.53 81-02' Dietary 8,719.07 99,212.71 4,922.45 73,194.60 81-03 Plant & Property 9,199.08 89,370.24 65478.40 47,175.41 81-04 Professional Services 175757.42 242,178.16 105.70 1,304.99 81-05 General Expenses 2,918.35 265574.53 5,186.09 27,696.87 81-06 Ancillary Expenses 2,524.65 20,998.29 344.00 2,162.16 81-07 Sundry Charges 29436.42 125618.32 TOTAL OPERATING EXPENSE 509543.65 5059431.72 42,592.04 448,727.88 OPERATING INCOME 263404.68* 164,824.91* 13,123.23* 138,728.46* 81-09-99 Credit from Gen. Fund 171,013.97 164,824.91* 139,961.13 139,961.13 Outlay 8.57 11232.67 NET INCOME 1441,609.29 -0- 1263829.33 -0- *Loss