1962CITY OF ►BANGOR
FINANCIAL STATEMENTS
RS OF
DECEM13ER 31, 1962
BROOKS & CARTER
Certified Public Accountants
84 HARLOW STREET
BANGOR, MAINE
AUDIT REPORT AND FINANCIAL STATEMENTS
CITY OF BANGOR, MAINE
AS AT DECEMBER 31, 1962
Table of Contents
Page
Auditor's
Letter and Comments
2-3
Comparative
Balance Sheet -.All Funds
4®5
Statement
of
Estimated and Actual Revenues
and Tax
Commitment General Fund
6
Statement
of
Appropriations and Expenditures _ General Fund
7®10
Analysis
of
Unappropriated Surplus m General Fund
11
Statement
of
Capital Improvement Fund
12
Statement
of
Property Valuation, Assessment and
Collection
of Taxes
13
Statement
of
Public Debt
14
Statement
of
Trust and Agency Funds
15-17
Statement
of
Property Fund
18
BROOKS & CARTER
Certified Public Accountants
84 HARLOW STREET
BANGOR, MAINE
TELEPHONE 942.6737
February 7, 1963 FMC/eh
Members in Council
City of Bangor, Maine
Gentlemen.
We have examined the following financial statements of the City of Bangor for
the year ended December 31, 1962 appearing on pages 4 to 12.
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 stand-
ards and accordingly included such tests of the accounting records and other
auditing procedures as we considered necessary under the circumstances.
In our opinion, the foregoing statements present fairly the financial position
of all funds of the City of Bangor at December 31., 1962, 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.
We have also examined the financial data appearing on pages 13 to 18 of this
report, While in our opinion this data is presented fairly in all material
respects in relation to the financial statements taken as a whole, it is not
necessary for a fair presentation of the financial position and results of
operations of the City of Bangor and is furnished solely as supplementary finan-
cial information,
Respectfully submitted,
BROOKS & CARTER
1. C�er
2
4
CITY OF BANGOR
COMPARATIVE BALANCE SHEET --ALL FUNDS
AS OF DECEMBER 319 1962
December 319 December 31,
1962 1961
`ASSETS
General Fund
Cash
Accounts receivable
Taxes receivable less allowance for future
losses of $179286.66 at December 319 1962
and $119575.90 at December 319 1961
Taxes secured by liens and deeds
Taxes secured by sewer deeds
Town road improvement fund due from State
Due from Capital Improvement Fund
Inventories of public works materials, etc.
Total General Fund
Capital Improvement Fund
Cash
Investment in U.S. Government obligations
Accounts receivable
Estimated revenue
Total Capital Improvement Fund
Municipal Debt Fund
Due from Bangor Water District
Amount to be provided in future periods
to retire indebtedness
Total Municipal Debt Fund
Trust and Agency Funds
Cash
Savings accounts
Investment in U.S. Government obligations
Investment in domestic corporations
Funds in custody of Kirstein Fund trustees
Hersey Fund - investment in City Hall
Total Trust and Agency Funds
Property Fund
Municipal property ® at appraised value
Total Property Fund
TOTAL ASSETS ® ALL FUNDS
$ 6929264.10
439807.74
2779962.90
649062.35
19484,35
79311.54
409000.00
559673.48
$ 2489936021
449806077
3089736.46
549182.81
29998.10
179462.27
529861.92
1,182 9 566. 46 7299984.54
610.55 2589893.46
399719412.22
164.40
498509000.00
399729187.17 5,1089893.46
149000.00 319000.00
794929000.00 285509000.00
785069000.00 29581,000.00
1149479.83
279889.07
1919687.50
749029.76
189801.90
1009000.00
1059019.88
279889.07
191,687.50
749029.76
179693.27
1009000.00
526,888.06 5169319.48
169461,597.73 1694619597.73
1694619597.73 1694619597.73
$2996499239.42 $2503979795.21
December 31,
1962
LIABILITIES,.RESERVES AND SURPLUS
General Fund
ccounts payable and encumbrances
Prepaid motor vehicle excise taxes
Reserves for:
Town road improvement
Revenue producing property and.facilities
School capital improvements - Federal grant
Urban renewal authority
School department - revenue prepaid
Municipal employee group insurance
Total liabilities and reserves
Unappropriated surplus
Total General Fund
Capital Improvement Fund
ccounts payable ana encumbrances
Due to General Fund
Authorized projects
Total Capital Improvement Fund
Municipal Debt Fund
Bonds payable
Notes payable
Total Municipal'Debt`Fund
Trust and Agency Funds
Trust funds
Agency funds
Total Trust and Agency Funds
5
December 31,
1961
$ 1920325.48 $
1630411.11
220290.03
370412,77
70311.54
170462.27
490288.76
320933.23
120742.86
110143.08
1510472.21
600352.00
10065.82
4350430.88
3230780.28
7470135.58
4060204.26
101820566.46
7290984.54
2190797.87 102330654.50
400000.00
307120389.30 308750238.96
309720187.17 501080893.46
704700000.00 205060000.00
360000.00 750000.00
705060000.00 205810000.00
4480019.91 4390543.11
780868.15 760776.37
5260888.06 5160319.48
Property Fund
nvestment in municipal property 1604610597.73 1604610597.73
Total Property Fund 1694610597.73 1604610597.73
TOTAL LIABILITIES, RESERVES AND SURPLUS - ALL FUNDS $2906490239.42 $2503970795.21
CITY OF BANGOR
STATEMENT OF ESTIMATED AND ACTUAL REVENUES AND TAX COMMITMENT - GENERAL FUND
FOR THE YEAR ENDED DECEMBER 31, 1962 6
Revenue Classification
Taxes:
—Prior years
Tax deeds and sale of property
Other local taxes and penalties
Sub -total
Licenses an ermits:
For street use
Business licenses
Street privileges and permi
Police and protective
Amusements
Professional and occupation
Non -business licenses and p
Sub -total
Fines, Forfeits and Penalties
Use of Money and Property:
unicipa au ltorium
Miscellaneous rents and con
Sub -total
From Other Agencies:
State s are taxes
State grants-in-aid
Federal grants-in-aid
Payments in lieu of taxes
Sub -total
Charges for urrent Services:
General government
Safety
Highway
Sanitation
Health
Hospital
Schools
Cemeteries
Recreation
Public buildings
Sub -total
Transfersrom Other Funds:
Garland Street Field Fund
Public Works Equipment Rese
Off-street Parking Fund
Sub -total
Reimbursements:
General government
Welfare
Hospitalization
Electrical and Public Works
Sub -total
is
al
ermits
cessions
Estimated
Revenue
$ 239,700.00
25,500.00
295,000.00
560,200.00
64,000,00
1,300000
60.00
2,900,00
,575.00
635.00
4,900.00
-,..
31,000.00
48,200.00
11,380.00
59,580.00
83,300.00
3419817.00
377,727.00
1,774.00
13,410.00
59160.00
3,500.00
5,880000
29900.00
154,881.00
40;150.00
7,800.00
1,200m00
14,750.00
249,631.00
400.00
rve Fund 509000.00
20,000.00
0 -0 -.UT
Total Revenues
Current Years Tax Commitment:
Real property
Personal property
Polls
Sub -total
30,250.00
14,000.00
3,000.00
3,000.00
50,250.00
1,900,109.00
3,234,000.00
784,-600.00
18,000.00
49036,600.00
Actual
Revenue
$ 2279337.79
479715.85
306,518.85
581,572.4
62,661.90
1,335.00
115.00
3,020.00
1,034.00
616.00
4,207.06
72,988.96
40,604.52
40,432.48
37,640.46
78,072.94
120,731.00
331,624.44
411,096.68
1,773.60
86 25 X73..
13,152957
6,224863
1,295.00
20,843.39
3,225850
154,793.51
44,147.87
14,705.86
2,814933
18,543.29
279,745;95
2,465.52
50,089.91
20,000.00
72,5_55. +3
14,492007
15,758.38
5,109.92
35,360.37
2026,126.38
3,297,893.12
730,100.16
21,096.00
4,0491D089.28
Grand Total $ 5,936,709.00 $ 6,075,215.66
Excess or
(Deficiency)
$ (12,362.21)
22 ,215.85
119,518.85
21,37 .49
(1,338,10)
35.00
55000
120800
459.00
(19800)
(692.94)
0-4
)
9,604852
(7,767.52)
26,260.46
18,492.94
37,431.00
(101,252.56)
33,369.68
(840)
60,547.72
(257.43)
1,064.63
(2,205.00)
14,963.39
325.50
(87.49)
3,997.87
6,905.86
1,614.33
3,793.2.9
30 , 4._9
2,065.52
89.91
(159757.93)
1,758.38
(3,000.00)
2,109.92
14,889.63)
126,017.38
63,893.12
(549499.84)
3,096,.00
12,489.228
$ 138,506.66
CITY OF BANGOR
STATEMENT OF APPROPRIATIONS AND EXPENDITURES - GENERAL FUND
FOR THE YEAR ENDED DECEMBER 319 1962
Operating Appropriations
General Government.
Legislative
Executive
City Clerk
Finance
Registration of Voters
Assessment
Treasury
Purchasing
Planning
City Solicitor
Engineering
Personnel
Civil Service Commission
Industrial development
Sub -total
Public aS ety..
Police
Fire
Electrical
Building inspection
Civil defense
Sub -total
Health, Welfare and Recreationg
Hospital and Rome
Health
Welfare
Recreation
Sub=total
Public Works and Public.Buildin gs.
Public buildings
Municipal auditorium
Public works
Sub -total
Miscellaneous.
Harbors and wharves
Pensions and group insurance
Contingent
Debt service
Sub -total
Other Agencies.
Taxes paid to county
Education
Public Library
. Sub -total
Total Operating Appropriations
Appropriations
59930000
249396000
249779000
599111000
109485000
379401000
249945000
119081000
459501000
79270000
419714000
29948000
850o00
159427000
31198 80 0
3309985000
4569187000
709439000
249218000
19050000
882,879.00
1559842000
659117000
1129037000
639558000
396,554000
28,525000
669605000
5659590o00
6609720000
4,100000
148,700000
29830000
1699552000
325,182000
889550000
210490,321000
66,761000
9645 sm.--Off
$592229805000
0
4
Appropriations
Other
Total
Over (Under)
Credits
Available
Expenditures
Expenditur_ese .,
$ 5,930.00
$ 5,727.13
$ 202.87
$ 585.00
24,981.00
22,837.69
29143.31
24,779.00
23,488.08
1,290092
59,111.00
599755.39
(644039)
109485.00
109011.39
473.61
37,401.00
369487.88
913.12
287.00
259232.00
249357.34
874.66
11,081.00
10,170,28
910.72
1,000.00
46,501.00
29,678..'92
169822.08
79270.00
79298.47
(28e47)
41,714.00
359803.70
59910.30
29948.00
2,966.35
(18.35)
850.00
169.97
680.03
750.00
169177.00
14,383.59
1,793.41
2,622.00
3149460.00
2839136.18
31,323.82
330,985.00
326,114.42
4,870.58
456 ,187.00
-44,6-9212-A4..
91)264.76
709439.00
549085.47
16,353.53
249218.00
21,639.77
29578.23
1,050.00
335.15
714.85
8825879.00
949 909779,
33,781.95
1559842.00
151056.34
4,385.66
65,117.00
59,783.96
5,333.04
1129037.00
101,112.90
105924.10
63,558.00
63,206.27
351.73
3969554.00
375,559.47
209994.53
28,525.00
27,698.78
826.22
200.00
66,805.00
61,833.21
49971.79
565,590.00
535,359.18
309230.82
200.00
660,920.00
6249891.17
36902.8.83
4,100.00
764.94
39335.06
1,065.82
1499765.82
144,730.70
5,035.12
29830.00
2,830.00
169,.552.00
164,887.01
49664.99
1,065.82
326,247.82
3109382.65
15,865.17
88,550, 0.0
889550.00
58,429.32
2,548,750.32
29485,091.37
639658.95
j
661,761.00
66,761.00
58'429.32
2,704,061.32
2,640,402.37
63,658.95
$ 629317.14
$5,2859122.14
$5,083,468.89
$201,653.25
4
9
CITY OF BANGOR
STATEMENT OF APPROPRIATIONS AND EXPENDITURES - GENERAL FUND - CONTBD
FOR THE YEAR ENDED DECEMBER 31, 1962
Appropriations
Capital Appropriations
Legislative
Executive
City Clerk
Finance
Assessment
Purchasing
Engineering
Police
Fire
Electrical
Sealer of Weights and Measures
Buildin g.inspection_
Civil defense
Hospital and Home
Health
Recreation
Municipal auditorium
Public works.
Public buildings
Welfare
Total Capital Appropriations
Total Operating and Capital Appropriations,
Expenditures an Balances
Reserves and Other Appropriations
Reserve for 1962 taxes not collected in 1962
Overlay - reserve for uncollected taxes
Recreation district tax
Total
$ 320000
140.00
720000
400.00
775.00
185.00
250.00
9,750.00
41,610.00
29,700.00
150.00
135.00
5,000.00
14,250.00
2,450.00
4,175.00
57,932.00
226,920.00
500.00
395,362.00
59618,167.00
239,700.00
7,184.00
71,658.00
$50369709.00
10
Appropriations
Other
Total
Over (Under)
Credits
Available
Expenditures
Expenditures
$ 320.00
$ 295.76
$ 24024
140000 "
124,00
16000
$ 39635.00
48355000
29966.68
19388.32
400.00
235.86
164.14
775.00
756.44
18.56
185.00
180.32
4.68
250.00
245.39
4.61
69478.00
168228.00
139904.05
29323.95
419610.00
418404.74
205.26
219693.24
519393.24
479607.10
39786.14
150.00
273.05
(123.05)
135.00
126.22
8.78
59000.00
59000.00
149250.00
140081.81
168.19
29450.00
29774.70
(324.70)
500.00
49675.00
40496.76
178.24
29500.00
609432.00
609303.22
128.78
.949748.25
3210668.25
3069203.45
158464.80
500.00
500.00
125.00
125.00
124.02
.98
1299679.49
525.8041.49
5019103.57
230937.92
1919996.63
588100163.63
595849572.46
2259591.17
2390700.00
2399700.00
179902.28
258086.28
259086.28
719658.00
718658.00
$2098898.91
$60146,607.91
$5,9210016.74
$2259591.17
11
CITY OF BANGOR
ANALYSIS OF UNAPPROPRIATED SURPLUS - GENERAL FUND
FOR THE YEAR ENDED DECEMBER 31, 1962
Balance, January 1, 1962 $406,204.26
Additions:
Excess of actual over estimated revenues,
page 6
$138,506,66
Less: Excess of actual over estimated
revenues applicable to current
And prior years' taxes
$ 127,07
Collections of prior years' tax
liens included in 1962 revenues
for budgetary purposes
479699092 47,826,99
Net amount transferred to surplus
909679.67
Excess of appropriations over expendi®
turesi page 10
225,591.17
Proceeds from sale of city owned property
42,843.37
Supplemental levy of taxes
4,329,12
Unexpended balance of closed Capital
Improvement Fund projects
803,65
Total additions
3649246,98
Sub -total
770,451,24
Deductions:
Appropriated for transfer to public works
capital outlay 16,500.00
Prior years' adjustments 6,815.66
Total deductions 23,315.66
Balance, December 31, 1962 $747,135.58
Projects
Residential sidewalks
Morse's bridge
Abbott Square parking lot
Pickering Square parking lot
Kenduskeag Stream project
Industrial Park sewer completion
Industrial Park sewer extension
Davis trunk sewer
Fourteenth Street corrective work
Lancaster Avenue storm drain
Crestmont Road corrective work
Kenduskeag Stream interceptor sewer
Fourteenth Street school
Sprinkler installation
High School.construction
Total
CITY OF BANGOR,
STATEMENT OF CAPITAL IMPROVEMENT FUND
FOR THE YEAR ENDED DECEMBER 31, 1962
Unexpended Balances
Appropriations Disbursements and Encumbrances Projects
and Other Closed to Continuing
Credits - Note Prior Years 1962 Total Surplus'- Projects
$ 209000.00 $ 19,507.20 $ 199507020 $ 492.80
100,000..00
689770.00
$ 306.72
699076.72
$ 305923.28
25,676.25
25,659.70
-
259659.70
16.55
48,797.32
48,797.32
-
48,797.32
-
1,658.,000.00
1,353,309.18
75,329.96
1,428,639.14
229,360.86
1079052.77
107,026.58
-
107,026.58
26.19
123,168.70
123,168.70
-
123,168.70
-
73,000.00
64,730.83
6,820.65
71,551.48
19448.52
969000.00
66,929.44
208085.74
879015.18
89984.82
89000.00
89667.53
-
88667.53
(667.53)
5,000.00
2,364.3.6
-
2,364.36
28635.64
3008000.00
841.02
28517.47
3,358.49
2969641.51
- 342,167.17
3029411.09
319162.43
333,573.52
80593.65
34,202.78
359902_.78
-
359902.78
(1,700.00)
3,255,000.00
92,740.30
250823.04
1180563.34
3,136,436.66
$6,1968064.99 $2,320,8.26.03 $162,046.01 $2,482,872.04 $ 803.65 $38712,389,30
Note - There were no appropriations to the Capital Improvement Fund in 1962.
CITY OF -BANGOR
STATEMENT OF PROPERTY VALUATION, ASSESSMENT AND COLLECTION OF TAXES
FOR THE YEAR ENDED DECEMBER 31, 1962
Assessed Valuation
Real estate
Personal property
Total Valuation
Tax Rate per $1,000
Taxes assessed property
Poll taxes
Total Tax Commitment
1962
$1149640,100.00
25,428,000.00
$1409068,100,00
$28.80
$ 4,033,961.28
20,541.00
$ 490549502.28
Analysis of Taxes Receivable for 1962
Balance, January 1, 1962
Additions:.
1962 tax commitment
Supplemental levy of taxes
Sewer assessment
Total additions
1961
$102,3669600.00
2498949700000
$1279261,300.00
$31.20
$ 39970,552.56
199482.00
$ 3,990,034.56
$ 490549502.28
4,329.12
2,634.12
Deductions:
Collections m net 4,012,607.52_
Abatements 19,284.52
1961 real estate taxes.transferred to tax liens 549636.2.8.
Total deductions
Balance, December 31, 1962
Schedule of Taxes Receivable at December 31, 1962
Year
1962
1961
1960
1959
1958.
1957 and prior
Less allowance for future losses
Balance, December 31, 1962
Taxes Receivable
$ 260,657.87
129032.06
11,124.62
8,339.18
1,393.56
1,702.27
295,249.56
17,286.66
$_ 277,962.90
13
1960
$10196099100,00
25,165,0.00.00
$126.,774,100000
$29000
$ 3$676,448.90
199785.00
$ 3,696,233.90
$ 320,312.36
49061,465.52
4381,777.88
490869528.32
$ 295,249.56
Tax Liens
$ 320293.57
18,930.68
79297.73
2,508.50
39031.87
64,062.35
$ 64,062.35
CITY OF BANGOR
STATEMENT OF PUBLIC DEBT
AS OF DECEMBER 31, 1962
Assessed valuation
Debt limit - 7 1/2% of valuation
City bf.Bangor outstanding debt December 31, 1962
Additional borrowing capacity
Purpose
Bonds '
''Funddirng and refunding
Airport
School construction
Permanent public improvement
Permanent public improvement
school
Permanent public improvement
Permanent public improvement
water
Permanent public improvement
Library
Sewer
—Permanent public improvement
Capital improvements
Sewer
Description of Debt
Rate
1 3/4%
1 3/4%
1 1/2%
1 1/2%
1 3/8%
1.70 %
1.50 %
3.60 %
3.30 %
3.30 %
3.70 %
3.40 %
3 3/8%
Urban renewal 3.00 %
High school 3"00 %
,. Kenduskeag stream improvement 3.00 %
Notes
Pool and sewer 2.00 %
Permanent public improvement 2.75 %
Maturities
$ 18,000"00
3,000.00
17,000.00
6,000.00
30,000.00,
33,000.00
7,000.00
5,000.00
10,000,00
6,000.00
39,000.00
2.0,000.00
15,000.00
20,000.00
15,000.00
20,000.00
160,000.00
85,000.00
350000.00
10,000.00
4,000.00
Annually
Annually
1963
Annually
Annually
Annually
Annually
Annually
Annually
Annually
Annually
Annually
1963®81
1982
Annually
1963®82
1983
Annually
Annually
Annually
1963-81
1982
Annually
Annually
14
$1409068,100.00
$ 109,505,107.50
7,506,000.0`0
$ 2,999,107.40
Principal
Outstandin g
December 31, 1962
$ 549000,500
9,000.00
17,000.00
12,000.00
90,000.00
396,000.00
14,000.00
75,000.00
50,000.00
90,000.00
663,000.00
395,000.00
415,000.00
340,000.00
3,200,000.00
1,650,000.00
20,000.00
16,000.00
Total $ 7,506,000.00
15
CITY OF BANGOR
STATEMENT OF TRUST AND AGENCY FUNDS
AS AT DECEMBER 319 1962
Trust Funds
Cemetery -
perpetual care
Parks:
®amass Park Trust
Arthur Chapin Fund
City Missionary:
Hiram . Fogg Fund
Louis and Sophia Kirstein Fund
Hiram P. Oliver Fund
Lorenzo E. Sabine Fund
Stetson Fund
Education:
.Bangor High.School Loan Fund
French Medal Fund
Holton Public School Fund
Louis and Sophia Kirstein Scholarship Fund
Louis and Sophia Kirstein Student Loan Fund
Aubry E. Webber, Jr. Scholarship Fund
Public Library:
Hersey Fun
Aid for Aged Women:
ar es . ams Fund
Thomas Upham Coe Fund
Anna, Hayford Pierce Fund
Stetson Fund
George T. Stoddar Fund
Wakefield Fund
Home for Aged Women
Other Funds-
Undistributed
unds:Un is ri uted principal
Bangor Children's Home Fund
Bangor Firemen's Relief Fund
Bangor Fuel Society Fund
Bangor Mechanics' Association Fund
Kirstein City Hospital and Home Fund
O'Connell Trust Fund
Morey Trust Fund
Twitchell Trust Fund
Total Trust Funds
Balances,, January 19 1962
Unexpended
Principal Income
$1139142.75 $ 49575.31
49910048
149537.85 39355023
19000000
308,92
19000.00
220.39
2,,000.00
640.20
19000.00
571.82
129000.00
59380.30
200.00
136.99
49750.00
29918.17
29000.00
(33.97)
59000.00
327.37
20 969.3.27
29000.00
85.69
1009000.00
109000.00
39000.00
(25.54)
49000.00
(34.06)
59000.00
19009.99
119000.00
(93.65)
109000.00
(85.14)
259000.00
(212.85)
140.63
409000.00
(19111.57)
109733.95
19009.99
49500.00
(38.32)
129000.00
(102.17)
500.00
91.31
1,,000.00
549.76
$4169198.45 $239344.66
Additions
Principal Income
$ 7,617,63
1,108.63
(140.63)
1,000.00
766.83
$10,352.46
$ 4,670..42
2,150.65
572.37
39.39
39.38
78.75
39.37
472.48
7.87
187.03
78.76
196.87
118.12
78.75
4,000.00
393.73
118.13
157.50
196.87
433.11
393.73
984.31
1,574.88
422.62
177.18
472.47
19.68
39,37
$18,113.79
Withdrawals
Balance,
December 31,
1962
from
Income
Principal
Income
Total
$ 9,245,73
$1209760,38
$1209'760.38
$ 7,061.13
7,061.13
14,537.85
3,927.60
189465.45
1,000.00
348.31
1,348.31
1,000.00
259.77
1,259.77
29000.00
718.95
2,718.95
1,000.00
611.19
1,611.19
129000.00
5,852.78
17,852.78
200.00
144.86
344.86
4,750.00
3,105.20
7,855.20
2,000.00
44.79
29044.79
250.00
5,000.00
,274.24
5,274.24
118.12
21,801.90
21,801.90
2,000.00
164.44
2,164.44
49000.00
100000.00
100,000.00
393.73
109000.00
10,000.00
150.00
3,000.00
(57.41)
29942.59
200.00
41,000.00
(76.56)
3,923.44
196.87
5,000.00
59000.00
550.00
11,000.00
(210.54)
109789.46
500.00
10,000.00
(191.41)
9,808.59
1,250.00
25,000.00
(478.54)
24,521.46
2,000.00
409000.00
(1,536.69)
38,463.31
310.00
10,733.95
1,122.61
11,856.56
225.00
4,500.00
(86.14)
4,413.86
600.00
12,000.00
(229.70)
11,770.30
500.00
110.99
610.99
1,000.00
589.13
1,589.13
1,000.00
1,000.00
766.83
766.83
$199989.45
$426,550.91
$21,469.00
$448,019.91
16
CITY OF BANGOR
STATEMENT OF TRUST AND AGENCY FUNDS - CONT°D
AS AT DECEMBER 31., 1962
Agency Funds
Payroll taxes withheld from employees
Amounts due the State of Maine..
Pension contributions
Group life insurance
Hunting and fishing license fees
Survivors' benefits
Sales taxes
. Sub -total
Other.
Workmens° Compensation insurance
Savings bonds
Miscellaneous deductions and deposits
.Maine Teachers' Association
United Fund
Sub -total
Total
$10,632.75
1,945.45
858.25
599,55
40048
8,562.79
29965.00
10,520.65
1,595.50
134.85
17
=Balance
December 319
1962
$41,012.88
149076.48
23,778.79
$78,868.15
CITY.OF BANGOR
STATEMENT OF PROPERTY FUND
AS INVENTORIED AND APPRAISED IN 1960
Buildings
Land
Streets
Sewers
Sidewalks
Bridges
Retaining Walls
Statues
Electrical installations
Street signs
City property taken on tax deeds
Total
18
$ 5,522,360.00
1,6149520.00
49312,927.00
3,203,195000
411,644.00
7029350000
164,020000
210,000.00
3059076.00
8,964.00
69541.73
$16D461,597.73