1967City of Bangor
Maine
GAFK jctci:
ANNUAL
FINANCIAL REPORT
FISCAL YEAR ENDED DEC. 31, 1967
B R O O K S & C A R T E R
Certified Public Accountants
84 Harlow Street
Bangor, Maine. 04401
Members in Council
Bangor, Maine
Gentlemen:
March 21, 1968
We have examined the following financial statements..of the City of Bangor for the
year ended December 31, 1967.
Comparative Balance Sheet - All Funds
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.
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.
Beginning in 1967 the City has elected to treat receipts from 1968 motor vehicle
excise taxes collected in 1967 as revenue for the.calendar year 1967.. In prior
years these collections have been recorded.in the revenue of the following year.
Collections of 1968 motor vehicle excise taxes totaled $66,002.38 at December 31,
1967. If the accounting practice followed in prioryears had been continued, 1967
revenues would have decreased accordingly.
In our opinion, the foregoing statements present fairly the financial position of
all funds of the City of Bangor at December 31, 1967, .and the results of -operations
of the General and Capital Improvement Funds for the year then ended, in conformity
with generally accepted governmental accounting principles applied on a basis
consistent with that of the preceding year, except for the change in accounting
for motor vehicle excise taxes mentioned above.
Respectfully submitted,
BROOKS & CARTER
Certified 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 (operating)
4
General Fund, Appropriations, Expenditures and Unexpended Balances (Outlay)
5
Capital Improvement Fund, Appropriations, Expenditures and Unexpended Balances
6
General Fund, Analysis of Unappropriated Surplus"
7
Tax Collection During Year of Levy
8
Statement of Tax Deeds and Tax Liens
9
Analysis of Taxes Receivable
9
Statement of Municipal Property
10
Combined Fund Balance Sheet, Resources
11
Combined Fund Balance Sheet - Liabilities, Reserves and Surplus
12
Statement of Trust and Agency Funds
13
Statement of Debt Limit and .Borrowing Capacity
14
Future Debt Service on Present Debt 14
Net Debt Ratio to Assessments and Net Debt per Capita 14
Monthly Operating Statement (Hospital & Home) 15:
Monthly Operating Statement (Municipal Golf Course) 16
Monthly Operating Statement (Auditorium) 17
ASSETS
CASH ON HAND AND DEPOSITS
CASH ADVANCES AND WORKING FUNDS
Petty Cash
Travel Expense Advances
TAXES.. RECEIVABLE
Uncollected Taxes.
ACCOUNTS RECEIVABLE
Uncollected Taxes S-ecured
by Tax Deeds
Uncollected Taxes -Secured
by Sewer Deeds
Town Road Improvement Fund
Other, Miscellaneous
DUE FROM HOUSING AUTHORITY
STREET & SEWER ASSESSMENTS -
DEFERRED
INVENTORIES
Office Supplies
.Public Works Dept.
Revised Ordinances
Central Sign Shop
Electrical Dept.
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, MA I N E
December
31, 1967
L.IA`B:ILITIES, RESERVES AND
SURPLUS
187,476.51
ASSESSMENTS -TO BE LEVIED -
.FUTURE PERIODS
1,410.00
425.00
1,835.00
37851731.49
RESERVES
Encumbrances
339,014.39
Off -Street Parking
41.15
Housing Authority Fund.
1,000.00
1123756.91
Police & Fire Services
1,314.19*
Town Road Improvement
24,668.12
755.69
Uncollected Taxes
52,138.93
Accounts Receivable
4,118.73
24,668.12
1015,700.87
239,881.59
1,000.00
127,151.79
32.72
112,797.70
2,72-0.47
1,204.96
65269.63 1235025.48
1,059,101.86
SURPLUS
TOTAL LIABILITIES, RESERVES & SURPLUS
127,151.79
419,667.13
512.,282,.94
1,059,101.86
STATEMENT OF REVENUE -ESTIMATED A.N D A. -C T U A L
For the Year Ended December 31, 1967
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
Payments in Lieu of Taxes
TOTAL FROM OTHER AGENCIES
Estimated
Revenue
49095077.00
881,000.00
18,500.00
4,994,877.00
17,000.00
431,000.00
448,000.00
60,000.00
60.00
1,120.00
3,110.00
640.00
2,090.00
4,610.00
71,630.00
27,600.00
54,450.00
53,000.00
37,000.00
24,850.00
169,300.00
52,000.00
790,198.00
622,375.00
16,774.00
15481,347.00
Revenue
Billed and
Uncollected
253,559.29
73,113.04
8,970.00
335,642.33
500.00
00.00
635.00
349.00
910.80
1,894.80
4,195.00
4,195.00
Cash
Receipts
3,857.,454.77
828,029.46
10;917.00
41696,401.23
23,351.95
440,739.92
464,091.87
58,919.14
60.00
1,000.00
4,431.50
751.00
1,092.50
5,789.82
72!2043.96
34:,.459.32
90,054.04
41,961.25
42,099.62
33,879.57
207,994.48
74,592.37
757,751.31
600,903.00
26,758.53
1,460,005.21
Total
Revenue
4,111;014.06
901,142.50
19,887.00
50329043.56
23,351.95
440,739.92
464,091.87
58,919.14
60.00
1,500.00
4,431.50
751.00
1,092.50
5,789,82
72,543.96
34,459.32
90,054.04
42,596.25
42,448.62
34,790.37
209,889.28
74,592.37
761,946.31
600,903.00
26,758.53
1,464,200.21
Excess or
Deficiency*
15,637.06
20,142.50
1,387.00
37,166.56
6,351.95
9,739.92
16,091.87
1,080.86*
380.00
1,321.50
111.00
997.50*
1,179.82
913.96
6,859.32
35,604.04
10,403.75*
5,448.62
9,940.37
40,589.28,
22,592.37
28,251.69*
21,472.00*
9,984.53
17,146.79*
*Deduct
STATEMENT OF REVENUE - ESTIMATE D AND ACTUAL
For.the Year Ended December 31, 1967
CHARGES FOR CURRENT SERVICES
General Government
Safety
Highway
Sanitation
Health
Hospital
Schools
Cemeteries
Recreation
Public Buildings
TOTAL CHARGES FOR CURRENT SERVICES
TRANSFERS"FROM OTHER FUNDS
Surplus
Electrical -Equipment Reserve
Public Works Equipment Reserve
Off -Street Parking Fund
Trust Fund ( Bass Park)
Group Insurance Dividend
Capital Fund
TOTAL TRANSFERS FROM OTHER FUNDS
REIMBURSEMENTS
General:Government
Welfare
Public Safety
Engineering, Electrical & Public Works
TOTAL REIMBURSEMENTS
GRAND TOTAL - REVENUE
Estimated
Revenue
16:,120.,00
7,604.00
3,350.00
10,100.00
3,700.00
205,700.00
276,028.00
9,900.00
5,800.00
23,200.00
561,502.00
26:05000.00
3,540 '
,540. 00
65,000.00
50,000.00
12,000.00
8,000.00
65,000.00
463,540,00
115,259.00
27,000.00
27,000.00
169,259.00
8,387,055.00
Revenue
Billed and
Uncollected
313.25
972.84
1,444.42
4.00
31,905.99
9,794.58
28.50
35.00
4,579.92
4_9,078.50
58,621.20
3,821.39
725.88
63,168.47
454,479.00
Cash
Receipts
16,894, 8'5
5,737.40
9,294.77
5,994.94
4,111.0.0
228,047.94
287,331.03
12,262.61
5,909.88
18,385.00
593,969.42
260,000.00
4,654.69
64,833.17
37,500.00
12,000.00
28,487.54
65,704.14
473,179.54
50,278.69
30,725.76
2,877.58
29,420.90
113,302.93
8415,447.96
Total
Revenue
16,894.85
6,050.65
10,267.61
7,439.36
4,115.00
259,953.93
297,125.61
.12,291.11
5,944.88
22,964.92
6 3,047.92
260;000.00
4,654.69
64,833.17
37,500.00
12,000.00
28,487.54
65,704.4
473.,179.54
108,899.89
34,547.15
2,877.58
30,146.78
176,471.40
83,569,927.06
Excess or
Deficiency*
774.85
1,553.35*
6,917.61
2,660.64*
415.00
54,253.93
21,097.61
2,391.11
144.88
235.08*
81, 45.92
1,114.69
166.83*
.12,500.00*
20,487.54
704.14
9,639.54
6,359.11*
7,547.15
2,877.58
3,146.78
7,212.40
182,872.06
*Deduct
w
DEPARTMENT OR
APPROPRIATION TITLE
Legislative
Executive
City Clerk
Finance
Registration of Voters
,Assessment
Treasury
Purchasing
Planning
Legal
Engineering
Personnel
Civil Service .Commission
Economic Development
Police
Fire
Electrical
Sealer of Weights & Measures
Inspection
Civil Defense
Hospital
Health
W elfar.e
Parks & Recreation
Fine Arts
Public Buildings
Public Works
Harbors & Wharves
Pensions
Contingent
Debt Service
County Tax
Public Library
Education
TOTAL OPERATING BUDGET
*Deduct
GENERAL FUND •(OPERATING)
APPROPRIATIONS,
EXPENDITURES
AND UNEXPENDED BALANCES
For the Year Ended December 31, 1967
Appropriation
Disbursements
Encumbrances
Total
Unexpended
Disbursements
Approp.
& Encumbrances
6,130.00
61257.49
6,257.49
127.49*
41,567.00
40,225.10
595.52
40,820.62
746.38
37,270.00
379634.21
345.86
37,980.07
710.07*
99,830.00
108,122.12
265.26
108,387.38
89557.38*
12,212.00
11,943.15
46.50
11,989.65
222.35
48,848.00
47,567.49
42.00
475609.49
1,238.51
33,552,00
32,940.89
104.00
33,044.89
507.11
22,308.00
19,600.89
422.24
203023.13
2,284.87
99,184.00
1119484.22
61.19
1113,545.41
125,361.41*
15,019.00
15,851.44
42.00
159893.44
874.44*
97,882..00
749530.05
42.00
749572.05
23009.95
15,715.00
11,115.23
21.12
115136.35
4,578.65
800.00
860.33
860.33
60.33*
323502.00
29,322.83
29,322.83
31179.17
4261,884.00
400,744.29-
4,599.19
405043.48
215540.52
5759201.00
554,612.10
447.58
555059.68
20;141.32
66,155.00
47006.31
306.51
473612.82
18,542.18
25.00
3.50
3.50
21.50
29,049.00
29,2.01.31
42.00
2.9,243.31..
194.31*
1,000.00
522.60
522.60
477.40
227,877.00
286,233.05
69216.45
292049.50
64,572.50*
801259.00
69,520.32
51.90
69,572.22
10,6.86.78
159,456.00
131,743.29
42.00
131,785.29
27,670.71
2379191.00
213,632.66
442.00
2143074.66
23,116.34
1,500.00
249.11
249.11
1,250.89
359836.00
35,481.18
48.80
35,529.98
306.02
613,010.00
758,101.43
697.06
758,798.49
145,788.49*
2,900.00
1,585.82
19585.82
1014.18
251,377.00
2645,827.75
2649827.75
13,450.75*
9,983.00
99983.00
471,515.00
506,381.44
506081..44
34,866.44*
91,640.00
91,640;00
915640.00
89,937.00
89,937.00
89,937.00
4,019,567.00
31800,789.91
2199803.97
4,0209593.88
19026.88*
7,953,181.00 7,829,965.01 234,688.65• 8,06451653.66 111,472.66*
DEPARTMENT OR
APPROPRIATION TITLE
Executive
City Clerk
Finance
Registration of Voters
Assessing
Treasury
Purchasing
Planning
Legal
Engineering
Personnel
Economic Development
Police
Fire
Electrical
Sealer of Weights & Measures
Civil Defense
Hospital
Health
Welfare
Parks & Recreation
Public Buildings
Public Works
Harbors & Wharves
Education
TOTAL OUTLAY BUDGET
TOTAL OPERATING BUDGET
TOTAL APPROPRIATION ACCOUNTS
OVERLAY
RECREATION DISTRICT TAX
TOTAL BUDGET REQUIREMENTS
*Deduct
GENERAL...FUND (OUTLAY) APPROPRIATIONS, EXPENDITURES
AND UNEXPENDED BALANCES
For the Year Ended December 31,1967
Appropriation
Disbursements
Encumbrances
_Total
unexpended
Disbursements
Approp.
& Encumbrances
1,230.00
1,230.00
1,230.00
2,900.00
2,723.47
150.00
23873.47
26.53
- 600.00
383.61
200.00
583.61
16.39
185.00
185.00
185.00
1,800.00
.1,072.49
1,072.49
727.51
2;000.00
1,912.85
1,912.85
87.15
400.00
310.00
80.00
390.00
10.00
13,$53.91*
13,853.91
150.00
-
150.00
1,650.00
15,104.89
1,104.89
545.11
590.00
590.0.0
590:00
350.00
350.00
350.00
16,150.00
2,905.79
1,294.45
4,200.24
11,949.76
8,050.00
63165.06
252.00
631417.06
1,632.94
31,335.00
26,69-5.13*
56,309.01
29,613.88
1,721.12
25.00
25.00
1,500.00
10.00
10.00
1090.00
4,100.00
33805.51
294.49
4,100.00
2000.00
212.66
2,170.51
2083.17
16.83
415.00
415.00
13,248.00
9,466.15
9,466.15
3,781.85
400.00
161.89
161.89
238.11
233,050.00
183445.48
27,366.37
2109511.85
22,538.15
15200.00
157.28
157.28
15042.72
51000.00
5,000.00
328,728.00
172,988.09
104,325.74
277,313.83
51014.17
7,953,181.00
7029,965.01
234,688.65
8,064,653.66
111,472.66*
8,281,909.00
850023953.10
339,014.39
8041,867.49
601058.49*
39,048.00 39,048.00 39,048.00
66,098.00 663098.00 66,098.00
813871055.00 8,108,099.10 339,014.39 83447,113.49 60,058.49*
Cn
APPROPRIATION TITLE
Stillwater Park - Urban Renewal
Kenduskeag Stream -Interceptor Sewer
New City Hall Renovation
14th Street Extension
Harlow Street Lights
Hospital Construction
Golf Course Watering System
Mt. Hope Avenue- Construction
Eastern Maine Vocational Training
Grandview Avenue -West
Grandview Avenue -East
Sylvania Access Road
Sidewalk Construction
Atler-Harlow Circle
Eastern Maine Vocational Training
Grandview Avenue - Sewer
Ohio Street - Sewer -
Sylvania Access Road- Sewer
Sewer Construction- Miscellaneous
Municipal Auditorium Park
Track Construction
Football Construction
Tennis Court Construction
Baseball Field Construction
TOTALS
*Deduct
CAPITAL IMPROVEMENT FUND APPROPRIATIONS, EXPENDITURES
AND UNEXPENDED BALANCES
As at December 31, 1967
Institute
Inst. -Sewer
Appropriation
271,472.21
451265,028.76
20,000.00
358,000.00
80,000.00
35,000.00
,30,000.00
40,000.00
15,000.00
30,000.00
20,000.00
85,000.00
35,000.00
15,000.00
20,000.00
30,000.00
72,000.00
15,000.00
10,000.00
20,000.00
2,500.00
10,000.00
8,000.00
4,500.00
Disbursements Encumbrances
223,726.03
35P2051447.06
15,227.87
48,622.70
33,398.58
31,349.07
45,720.15
14,681.34
17,450.05
23,868.04
87,315.14
35,000.00
5,835.98
18,318.66
29,958.20
20,000.00
13,779.41
10,000.00
18,815.68
123.03
4,275.00
13,275.00
1,950.44
890;507.07
207.969.23
Total
Unexpended
Disbursements
Approp.
& Encumbrances
223,726..03
47,746.18
4.,095,954.13
1693074.63
15,227.87
4,772.13
256,591.93
101008.07
80,000.00
335,398.58
13601.42
313349.07
1,349.07*
45,720.15
53720.15*
141681.34
318.66
173450.05
12,549.95
23,868.04
3,868.04*
87015.14
2,315.14*
35,000.00
5,835.98
9,164.02
185,318.66
1,681.34
29,958.20
41.80
20,000.00
525000.00
13,779.41
1,220.59
10,000.00
18,815.68
13184.32
123.03
2,376.97
4,275.00
5,725.00
135275.00
5,275.00*
1,950.44
25549.56
5,491,500.97 3,918,137.43 1,098,476.30 5016,613.73
474,887.24
DO
CITY OF BANGOR
ANALYSIS OF UNAPPROPRIATED SURPLUS - GENERAL FUND
FOR THE YEAR ENDED DECEMBER 31, 1967
Balance; January 1; 1967 `
Additions
Excess of actual over estimated revenues.
Less: Excess of actual over estimated revenues
applicable to current years' taxes
Net excess credited to surplus
Proceeds from sale of City -owned property
Supplemental levy of .taxes
Prior years' adjustments, etc.
Total Additions
,Sub -Total -
Deductions
Excess of expenditures over appropriations
Surplus appropriated in 1967:
For current revenue $260,000.00
For uncollectible accounts 10,000.00
Over -expended balance of closed Capital
Improvement Fund projects
Total Deductions
Balance, December 31, 1967
$182,872.06
37,166.56
145,705.50
7,337.50
3,283.00
33,121.11
60,058.49
270,000.00
20,641.00
0
$673,535.23
189,447.20
862,982.43
350,699.49
$ 512,282.94
NO
7
Yr. Ended
Property
Dec. 31
Tax List
1958
'123,095,900.00
1959
125;001,800.00
1960
126,774,100.00
1961
127,261000.00
1962
140068,100.00
1963
139,702,300.00
1964
139,653,100.00
1965
1.419359,000.00
1966
142,124,900.00
1967
143,586,000.0.0
L�- Low PM—M
TAX COLLECTION - DURING YEAR OF LEVY
Property Tax
Tax Levy
Adjusted
Collections
Percent,of
Rate per M
Levy
In Yr.of Levy
Collections
26.00
3,200,493.00
3,193,807.00
2,981,232.00
93.4
26.00
3,2503046.00
3,246,829.00
390579818.00
94.2
29.00
3,676,449.00
3,6609163.00
30429169.00
94.0
31.20
3,970,553.00
39968,201.00
396969342.00
93.2
28.80
4,033,961400
4,024,849.00
3.,775.,249.00.
93.8
30.20
4,219,010.00
4,208,149.00
3,937,823.00
93.6
31.00
4,329,246.00
4,3141008.00
4,031,279.00
93.4
32.00
4,5239488.00
4,498,527..00
4,216.,158.00
93.7
34.40
49889,097.00
49879.,208.00
4,5029672.00
92.3
35.00
59025,510.00
59017,947.00
4091,274.00
93.5
co
C.0 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, 1967
RESOURCES TOTAL
Cash on Hand & Deposits
836,575.82
Petty Cash
1,410.00
Travel Expense Advances
425.00
Savings Accounts
45,548.66
Securities
426,920.33
Due from Housing Authority
1000.00
Custody of Kirstein Fund Trustees
26,224.98
Accounts Receivable
117,278.83
Town Rd. Improvement Fund
24,668.12
Taxes Receivable F
378,731..49
Taxes Receivable -Tax Deeds & Liens
_112,756.91
Ac_cts. Receivable -Sewer Deeds
755.69
Sewer & Street Assessments Deferred 127,151.79
Inventories
1231025.48
Estimated Revenue
9665800.00
City Property Tax Deeds
7,725.18
Fixed Property
22,228,424.00
To be Provided in Future Periods
8,694,000.00
TOTAL RESOURCES 34,119,422.28
General Capital Trust and Municipal Fixed
Fund Improvement Agency Fund Debt Asset
Fund Fund Fund
1875476.51 590,985.58 58,113.73.
1,410.00
425.00
45,548.66
426,920.33
1,000.00
26,224.98
101,700.87 155577.96
24,668.12
378,731.49
112,756.91
755.69
127,151.79
123,025.48
966,800.00
851694,000.00
7,725.18
22,228,424.00
1,059,101.86 1,573,363.54 5561807.70 8,694,000.00 22,236,149.18
C 0 M B I NE D F U N D B A .L A N C E S HE E T
As at December 31, 1967
LIABILITIES, RESERVES & SURPLUS
TOTAL
General
Capital
Trust and Municipal
Fund
Improvement
Agency Fund Debt
Fund
Fund
Bonds Outstanding
851694-,000.00
85,694,000.00
Assessments to be Levied -
Future Periods
127,151.79.
127,151.79
Appropriations
474.,.887.24
474,887.24
Off -Street Parking Fund
.41.,.15
41.15
Police & Fire Services
1,314.19*
1,314.19*
Housing Authority Fund
1,000.00
1,000,00
Accounts Receivable Reserve
4,118.73
4,118.73
Town Rd.Improvement Reserve
24,668.12
24,668.12
Encumbrance Reserve
1,437,490.69
339,014.39
1,098,476.30
Miscellaneous Reserves
556,807.70
55698,07.70 .
Uncollected Taxes Reserve.
52,138.93
52,138.93
Investment in Fixed Assets
22,236,149.18
Surplus Unappropriated
512,282.94
512;282.94
Fixed _
Asset
Fund
221236449.18
TOTAL LIABILITIES, RESERVES
AND SURPLUS- 34,119,422.28 1,059,101.86 1,573,363.5.4 556,807.70 8,694,000.00 22,236,149.18
*Deduct
STATEMENT OF TRUST AND AGENCY FUND
.As at December 31,1967
FUND
Adams
Bangor Children's Home
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
Hersey
Holton Public School
Home for Aged Women
Kirstein - City Hospital & Home
Kirstein Missionary
Kirstein Scholarship
Kirstein Student Loan
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
Abbott Square - Federal Payment
Cianchette Bros. - Escrow Account
Miscellaneous Employee Deductions
Employees' Retirement
Hunting and Fishing Fees - State
Employees' Savings Bonds
Employees' State Group Life Insurance
Survivors' Benefit
Miscellaneous Deposits
United Fund
State Sales Tax
Workmen's Compensation
Miscellaneous - School Dept.
Plumbing Fees - State
Fire Fighters' Union Dues
Blue Cross
Public Works Union Dues
TOTALS
*Deduct
Fund Balance
Total
Principal
Income
Fund
10,000.00
476.80
10,476.80
40,000.00
311.52*
39,688.48
9,533.95
475.37
10,009.32
4,500.00
35.05*
45464.95
200.00
185.18
385.18
12,000.00
93.46*
11,906.54
59361.87
5061.87
158,117.18
158,117.18
14,537.85
6,882.52
21,420.37
39000.00
126.64
3,126.64
1,000.00
551.27
1,551.27
8;500.00
769.86
9,269.86
100,000.00
221.20
1009221.20
2,000.00
350.69
2,350.69
25000.00
1,055.30
26,055.30
500.00
75.32
'575.32
1,000.00
297.73
1,297.73
5,000.00
211.06
5,211.06
265224.98
126.64
26,351.62
1,000.00
202.96
1,202.96
5,732.84
1,166.49
6,899.33
1,000.00
792.09
1,792.09
2000.00
13,124.85
3,124.85
.137.13
137.13
45000.00
168.85
4,168.85
1000.00
814.15
1,814.15
1000.00
29.21
15029.21
12,000.00
3,977.53
15,977.53
5000.00
239.24
5,239.24
115000.00
464.33
11,464.33
766.83
155.86
922.69
10,000.00
422.12
103422.12
29000.00
95.34
2095.34
185547.82
18,547.82
10,887.21
103887.21
19.80
19.80
10,858.03
10,858.03
11,610.05
1,610.05
1,622.01
1,622.01
1,446.03
15446.03
546.40
546.40
749.07
749.07
477.00
477.00
36.10*
36.10*
11090.11*
11,390.11*
4,133.43
4,133,43
46.54
46.54
235.00
235.00
12,645.92
12,65.92
278.40
278.40
.530.1427.26
26080.44
5565807.70
13
14
STATEMENT OF DEBT LIMIT ANY BORROWING CAPACITY
December 31, 1967
ASSESSED Valuation April, 1967
Debt Limit (712/ of Valuation) 10,768,950.00
City of.Bangor Liabilities:
Bonded Debt 8,694,000.00
Net Borrowing
Year
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
TOTALS
FUTURE DEBT SERVICE.ON PRESENT DEBT
December 31, 1967.
Bond
Maturities
568,000.00
568,000.00
568,000.00
508,000.00
568,000.00
568,000.00
568,000.00
535,000.00
535,000.00
535,000.00
524,000.00
524,000.00
465,000.00
465,000.00
410,000.00
195,000:00
145,000.00
135,000.00
135,000.00
115,000.00
8,694,000.00
Bond
Interest
283,310.00
265,217:00
247,124.00
229,031.00
210,938.00
192,845.00
174,752.00
156,659.00
139,127.00
121,595.00
104,063.00
86,909.00
70,055.00
54,944.00
.39,833.00
26,392.00
19,705.00
14,500.00
9,445.00
4.390.00
29450,834.00
143,586,000.00
23074,950.00
Total
Future
Debt Service
851,310.00
833,217.00
815,124.00
797,031.00
778,938.00
760,845.00
742,752.00
691,659.00
674,127.00
656,595.00
628,063.00
610,909.00
535,055.00
519,944.00
449,833.00
221,392.00
164,705.00
149,500.00
144;445.00
11.9,390.00
11,144,834.00
NET DEBT RATIO TO ASSESSMENTS
AND
NET DEBT PER CAPITA
Net Debt
Per Capita
Year
Net
Assessments_
Ratio to
Net Debt
Debt
Assessments
1958
1,493,000.00
123,095,900.00
.01213
47.32
1959
2,183,000.00
125,001,800.00
.01746
69.19
1960
2513913000.00
126,774,100.00
.01886
61.38
1961
2,581,000.00
127,261,300.00
.02028
66.33
1962
7,5061000.00
1401068,100.00
.05359
192.90
1963
7,413,000.00
139.,702,300.00
.05306
190.51.
1964.
71402,000.00
139,653,100.00
.0.5300
190:22
1965
7,219,000.00
141,359,100.00
.05106
185.50
1966
8,467,000.00
142,124,900.00
.05957
.217.59
1967
8,694,000.00
143,586000.00
.06055
223.43
CITY OF BANGOR
HOSPITAL.& HOME DEPARTMENT
Monthly. Operating Statement
Month of December, 1967
)PERATING REVENUE:
1967
190,747.00_
23,945.3.5
Budget
Iccount
183,620..92
7050
Hospital Chgs.-Full Pay
65,700.00
7051
Home Chgs. - Full Pay
6,016.25
7053
Hosp.Chgs.Part Pay-.Indiv.
40,000.00
7055
State Nursing Home.Aid
100000.00
705'6
Medicare
40-01-04
7057
Medicaid
13.65
7058
State Med. Aid for Aged -Hosp.
1,017.86
TOTAL REVENUE 205,700:00
OPERATING EXPENSE:
Account
This Year
Mont , To Date
11,234.00
3,899.15
9,767.98
22,350.19
558.29
4
53,725.78
31,951.73
84,186.48
85,479.96
4,609.98.
15 1
Last Year
Mont To Date
10045.00 631158.44
45.50* 773.50
4,355.23 41,299.50
8;205.76 92036.80
3,386.00
47,809.61 259,953.93 22,860.49 ,200,954.24
40-01-01
Personal Services
190,747.00_
23,945.3.5
214,277.89
18,975.31
183,620..92
40-01-02
Supplies
63,400.00
6,723.71
63,037.57
6,016.25
67,881.86
40-01-03
Contractual Services
20,480.00
2,199.62
30,492.91
214770.70
19,939.50
40-01-04
Communications
870.00
13.65
1,208.40
18.70*
1,017.86
40-01-05
Fuel& Utilities
.61875.00
536.15
63816.70
778.49
6,594.71
40-01-06
Equipment Costs
405.00.
4;40
203.25
88.00
351.00
SUB TOTAL
282,777.00
33,422.88
316,036.72
28,610.05
279,405.85
10-01-98
Credits-Hosp.(Deduct)
54,200.00
2,595.97
21,221.22
65,349.07
49.,205.95
40-01-9.9
Credits -Home (Deduct)
700.00
396.50
2066.00
396.50
2,372.50
TOTAL OPERATING EXPENSE
227,877.00
30,430.41
2923449.50
21,864.48
2273827.40
AET INCOME
22,177.00*
.17,379.20
32,495.57*
996.01
26,873.16*
*Loss.
f
19
16
CITY
OF BANGOR
.GOLF COURSE
DIVISION
Parks & Recreation
Department
Monthly Operating Statement
Month of
December, 1967
OPERATING REVENUE:
1967
This Year
Last
Year
Budget
Mont
To Date
Mont
To Date
Account
5010 Membership - Resident
2251000.00
32.00
15,744.00
20,077.00
5011 Membership - Non -Resident
35000.00
5,515.00
1,295.00
5012 Greens Fees
27,700.00
215,139.00
22,761.00
5013 Locker Rental
300.00
198.25
244.50
TOTAL OPERATING REVENUE:
53,000.00
32.00
421)596.25
-0-
44,377.50
OPERATING EXPENSE:
48-50-01 Personal Service
24,666.00
1,479:00
23,957.25
13439.10
22,145.38 '
48-50-02 Supplies
7,890.00
177.97
4,959.64
234.51
51788.68
48-50-03 Contractual Services
2,500.00
2,427.01
8.00
2,685.46
48-50-04 Communications
200.00
18.50
222.20
17.20
241.00
48-50-05 Fuel & Utilities
35,1000.00
257.22
25000.•81
407.12 ,
2,597.47
48-50-06 Equipment Costs
1,015.00
281.15
15200.22
4.00
393.07
TOTAL OPERATING EXPENSE
39,271.00
25213.84
34,767.13
2,109.93
33,851.06
3PERATING PROFIT
131729.00
2,181.84*
7,829.12-
2,109.93*
10,526.44
19
jPERATING REVENUE:
iccount
5020 Building Rental
>029 Concessions
20TAL OPERATING REVENUE
JPERATING EXPENSE:
Account
48-40-01 Personal Services
48-40-02 Supplies
48-40-03 Contractual Services
48-40-04 Communications
48-40-05 Fuel & Utilities
48-40-06 Equipment Costs
SUB TOTAL .
CONCESSIONS
18-41-02 Supplies
48-41-03 Contractual Services
SUB TOTAL
'OTAL OPERATING EXPENSE
OPERATING PROFIT
Loss
CITY OF BANGOR
AUDITORIUM DIVISIONS
Parks & Recreation Department
Monthly Operating Statement
Month of December,1967
1967
Budget
20,000.00
17,000.00
37,000.00
9,437.00
1,565.00
4,176.00
550.00
11,875.00
205.00
27,808.00
7,675.00
2,100.00
9,775.00
37,583.00
17
This
Year
Last
Year
Month
To Date
Month
To Date
15224.25
204)251.96
1,097.34
19,202.99
1,495.45
22,196.66
15257.24
17,013.98
2,719.70
429448.62
2054.58
36,216.97
583.00* 2,472.20* 653.65 4,273.20* 14,740.67*
19485.50
14,170.74
2,734.73
346.95
1077.76
176.00
425.79
3,322.28
72.78
26.20
605.67
56.30
1,290.79
8,243.74
2,472.52
23.84
70.88
39.27
3,599.07
27,891.07
i
5,551.60
1,315.78
10,730.25
863.50
277.05
3,173.65
212.68
1,592,83
13,903.90
1,076.18
5,191:90
41,794.97
6,627.78
583.00* 2,472.20* 653.65 4,273.20* 14,740.67*