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1957City of Bangor m a40 ine ANNUAL FINANCIAL REPORT m FISCAL YEAR ENDED DEC. 3111957 CONTENTS General Fund Balance Sheet 1 Estimated and Actual Revenues 2 & 3 General Fund, Appropriation, Expenditures and Unexpended Balances (Operating) 4 General Fund. Appropriation, Expenditures and Un -expended Balances (Capital) 5 General Fund, Analysis of Unappropriated Surplus 6 Tax Collection During Year of Levy 7 Statement of Tax Deeds 7 Analysis of Taxes.Receivable 7 Statement of Municipal Property 8 Combined Fund Balance Sheet, Resources 9 Combined Fund Balance Sheet, Liabilities 10 Statement of.Trust and Agency Funds 11 Statement: of Debt Limit and Borrowing Capacity 12 Future Debt Service on Present Debt 12 Net Debt Ratio to Assessments and Net Debt Per Capita 12 Monthly Qp•erating: S't•atement (Hospital &,•Home) 13 Monthly Operating, Statement (Auditorium) 14 'GENERA -L. FU.N.D B.A•L-AN,CE,...SBE.:E.T CITY.. 0.F:R-A-N;GOR;, ,MAL.NE December 319 '1957 ASSETS CASH °ON HAND AND DEPOSITS CASH ADVANCES AND WORKING FUNDS Petty -Cash. 900.,00` -Postage Fund— 500,001,/ 'TAXES RECEIVABLE Uncollected Taxes ACCOUNTS RECEIVABLE Uncollected Taxes Secured. by Tax Deeds 11,753.33 Uncollected Taxes -Secured -by Sewer Deeds 4� 5,18. 39 State Aid Road.:Gr.ant 10,123.70✓ Other, Miscellaneous 33,431.51v/ -INVENTORIES Office Supplies Publirc Works Revised Ordinances TOTAL -ASSETS 222,027.14 ✓ 1, 400000 180,834.121/ 59;826.93 .1 909.-53" 1,293.29- 1,885.53-/ ,293.29''1,885,53-/ 4,088.35-' 468, 176.'5 -4 - LIABILITIES, ..RESERVES, ,. AND SURPLUS LIABILITIES Prepaid 1958 Auto Excise Tax RESERVES Encumbrances Off Street Parking Garland Street Field Fund Police.and.Fi--re.Services State Aid Road -Construction- - Scho.o.l Building •Construction - Federal Grant Uncollected -Taxes SURPLUS . Cash O.p_erating:.Surplus Unrealized Surplus TOTAL.,LIABILITIES;,RESERVES -AND SURPLUS 16,195.23 154,897,05-" 9,636,11- 333.46-" 666071'- 10,123;70 . .4, 98�' 00-, T,902-; 9.4✓- -188 p 541.97 3-5,316'.'58 228,122076 263,439.-34 468,176-,54 N v STATEMENT OF REVEN.U-E-.E.STIM.:ATE.D AND ACTUAL 2, For the Year Ended•DeceAer 31, 1957 Estimated Revenue Total Excess or Revenue Billed ,& Cash Revenue Deficiency* Uncollected Receipts TAXES -CURRENT Y.EAR'S-LEVY, Real Property Personal Property 2,222,170.00 88,370.56 2,292,579.00 2,380,949.56 158,779.56 Polls 790,629.00 77,816.88 5448,786.00 626,602 88 164,026.12* 17,000.00 39.951.00 15,201000 19,152.00 2,152.00 Total. Taxes Current Year's Levy 3,029,799.00 170,138.44 2,856,566.00 3,026,704,.44 3,094056* TAXES -PRIOR YEARS & OTHER LOCAL Taxes -Prior Years Levies 36,000,00 43,717.79 43,717.79• 7,717.79 Tax Deeds & Sale of Property 12,200.00 13,220.98 13,220.98• 1,020.98 Other Local Taxes & Penalties 224,800.00 232,245.15 232,245.15 7,445015 Total Taxes Prior Years & Other 273,000,00 289,183.92 289,183.92. 16,183092 LICENSES & PERMITS For Street Use 559000000 61,511.91 -61,5.11091 6,511.91 Street Privileges & Permits 1,074000 68.40 1;086.00 1,154.40 80.40 Business Licenses 1;560.00 1,640.00 1-9640.00 80,00 Police & Protective 1;976.00 2,505.50 2,505.50 529.50 Amusements ~885.00 1,281.00 1,281.00 396,00 Professional & Occupational 155,00 74.50 74050 80050* Non -Business Licenses & -Permits 39'987000 3;242.91 3,242091 744.09* Total Licenses & Permit's 64,637.00 68.40 71,341.82 71,410,22 6,773.22 FINES,FORFEITS &-,PENALTIES Fines,& Court Fees11 24;000.00 25,722.36 ' 2.5,722.36 1,72236 Total,Fines,Forfeits & Penalties 24-1000.00 25,722.36 25,722036 1,722.36 USE OF MONEY.& PROPERTY Miscl. Rent & Concessions 6;100:00 8;036.43 8;036.43- 1,936.43. New Auditorium -60,000.00 8410-00 36,135.60 �36 976 60 23,,023.40* Total Use of Money & Property 66,100.,00 841.00 44,172.03 459-013.03 21,086.97* FROM OTHER AGENCIES . State Shared Taxes 31,500,00 32;193.09 329193.09 693.09 State Grants in Aid 151,950000 200.00 186;,579.76 186,779.76 34,829.76 Federal Grants in Aid '54;550.00 83,111,54 83,111.54 28,561.54 Payments in Lieu of Taxes 1,773e00 1,773060 1,773.60 .60 Total From Other Agencies 239,773.00 200,00 30.3,657.99 303,857;99 64,084.99 CHARGES FOR CURRENT SERViCES General Government 8,375000 5000 9,129078 9,134.78 759.78 Saf6ty 1,300.00 75,50 2,186.71 2,262.21 962.21 Highway 100.00 982026 - 982.26 882,26 Sanitation 13,450.00 4,206.72 7,234.34 11.;441.06 29008.94* Health 1,750;00• 1,612.50 1;612 50 137.50* Hospital 369576.00 1,747000 39,396.,38 41,143,38 4,567.38 Schools 36,006.00 9,114.43 33,245.46 42,359.89 6,359089 Cemeteries 2,800.00 2;926.90 2,926690 126.90 Public Buildings 14;820,00 883.32 16,210.35 17,093.67 .2,273.67 Total Charges for Current Services 115,171.00 16,031.97 112,924.68 128,956.65• 13,785.65 TRANSFERS FROM OTHER -FUNDS Garland Street Field Fund 1,000.00 4000.00 1,000,00 Police and Fire Services 31*000.00 .3;000.00 3,000.00 Surplus 23;000.00 23,000000 23,000.00 Total Transfers From Other Funds 27,000.00 27,,000.00 27,000.00 STATEMENT OF REVENU.E=ES..T.L..;M.AT.E-D-A-ND ACTUAL For the Year:Ended December�31, 1957 J� GRAND TOTAL -REVENUE 3',860,000.00 118%5562.88 3,746,960010 3,936,522098 76,52298- h Estimated Revenue Total Excess or Revenue Billed & Cash Revenue Deficiency* Uncollected Receipts REIMBURSEMENTS General Government 520000 4 12 496.068 ...500080 19 20" Welfare 20,000,00 2,278095 1598940.62 18,173.57 1,826.43* Total Reimbursements 20,520,00 2,283007 161139.1.30 18,674 37 • 19'84563*. GRAND TOTAL -REVENUE 3',860,000.00 118%5562.88 3,746,960010 3,936,522098 76,52298- h GENERAL FUND- APPROPRIATION -9.E,.X-P�ENDITUDE.S,(OPERATING) .AND UNEXPENDED BALANCES For the -Year ceded December. 319 1957 Total Other Total Disbursements Encumbrances Disbursements Unexpended DEPARTMENT OR APPROPRIATION TITLE Appropriation Credits Available & Encumbrances Appropriation Legislative Executive City Clerk Finance Registration of Voters Assessment Treasury Purchasing Planning Legal Engineering Personnel Civil Service Commission Industrial 'Development Police Fire Electrical Sealer of Weights &-Measures Inspection Civil Defense Hospital &.Home Health Welfare Recreation Public Buildings Municipal Auditorium Public Works Pensions & Group Insurance Contingent Debt Service Taxes Paid to County Education Public Library TOTAL.• -OPERATING BUDGET *Deduct 5,700000 5,700.00 .6,476.88 20,421.00 20,421600 18,279.32 18,000°00 18,000.00 18,481.22 47-60900 4709;-00 48,083.40 8,532.00 8,53200 8,530088 18,197.00 18,300.00 369497.00 -36.,569°88 18,629000 18,629.00 17,917.21 9,030.00 9;030.00 7,77 ,83 5,133.00 5,131-00 4,403.-08 5,420.00 5,420.00 4,919 43 27,415:00 27,415;00 24,397.84 1,567 00 1,567.00 1.408'12 .300.00 .300000 .224.45 14,46700 14,467000 13,045.10 256,739.00 256,739.00 254,831.01 324,098.00 324,098.00 311,755;,19 76,850.00 76,850,00 79,380,91 .100.00 100.00 100A0 17,520.00 17;520.00 17,602.02 1;220.00 1,220 0;0 -687;68 36;57600 36,576000 46,27241 40,938.00 40,938.00 39;094.46 137,806.00 137,806.00 124,901-59 36,932.00 36,932.00 36,658.27 41,419,00 41,419,00 38,582.55 75,781.00 75,781000 58,759.81 473,900,00 473,900.00 455,508.26 98;300000 98,300.00 82,01661 1,160.00 1,160, 00 1,160.00 67,187.00 67,187,00 71,591,98 .1059600,00 105,600;00 105,600.00 1,397:000,.00 ✓ 1,397,000.00 1p4050889.68 41,100,00 41,1W,00 41,.100,00 3,4A646.010 18,300,00 3,448,946.00 3,380,746.07 7,7713.76 3;388,516°83 60,429.17 e 6,476.88 776°88* 59 00 18,338.32 2,082.68 234.-88 18,716.10 716.10* 19.10 48,102.50 493.50* 29,00 8,559,88 27.88* 34068 369604,56 107056* 29.00 17,946 21 682.79 - 444.93 8,221.76 - 808.24 4,403.08 729.92 4,919.43 500,57 35,82 249 43366 2,981.34 1,408.12 158.88 224,45 75.55 94,68 13„139.78 1,327 22 2,258.06 257,089.07 350,07* 266.96 312,022J5 125075 85 549.38 79,930.29 3,080.29* 100A0 -2900 17,631.02 111,02* :687068 532032 5W27 46,781.68 10,205.68* 57.32 399151,78 1 786.22 35.00 124,936.59 12,869,41 397,53 37,055.80 123.80* 76100 39,345.55 2,073.45 58,759.81. 17,021>19 -1„924.15 457;432.41 16,467.59 82`016;61 16,283.39 1,160.00 -71,591.98 9,404.984 105 600, 00 I, 405,889.68 8,889.68* 41,100.00 3,4A646.010 18,300,00 3,448,946.00 3,380,746.07 7,7713.76 3;388,516°83 60,429.17 e GENERAL. IF;,VND AP;PRQRAj°A,T1;0N EXPEND.-IT-URES (CAPITAL) AND UN.EX-PF'NP'E,D BALANCES For, � the, Tear- Ended; R?P,f.ember-- 319 _ -1957 IEPARTMENT OR APPROPRIATION TITLE Executive City Clerk Finance Assessment Treasury Purchasing Planning Engineering Industrial Development Police Fire Electrical Civil Defense Hospital & Home Health Recreation Public Buildings Municipal Auditorium Public Works Education TOTAL' CAP I TAL ' BUDGET TOTAL OPERATING BUDGET l TOTAL APPROPRIATION ACCOUNTS *Deduct ,274,367.00. 3,430,646.00 225,378.48 18,300.00 499,745.48 3,448,946.00 326,268,36 3,380,746.07 147,126.29473-,394.65 7,770.76 Total 26,350°83 60,429.17 3,7050013,00 Other Total 3,707,014.43 154;897:05 Disbursements Unexpended Appropriation Credits Available Disbursements Encumbrances & Encumbrances Appropriation 500 00 500;00 490,00 490,00 10.00 190,00 190;00 189.90 '189.90 .10 191.00 191,00 190.50 190.50 .50 1;580.00 19580000 1;551 64 1,551.64 28.36 250M 250,00 200.51 200.51 49.49 470600 470,00 403.76 29.70 433.46 36,54 225.00 -225.00 222.85 222,85 2,15 5;685,.00 5,685600 3,561.09 2,123.91 5,685.00 51000;00 20,000,00 25,000.00 21;988.84 --31001.16 25,000°00 7,295,00 7,295,00 4,394.15 3,055.00 7,449,15 154.15* 2,260,.00 100,00 2,360.00 -.1,903.26 214.46 2,117072 242;28 10,846.00.. 61771,70 17,617.70 7,490.78' 2,327,40 -9,818.18 7,799.52 29100.00 2,100°00 2;099085 2;099.85 .15 21,375,00 21,375.00 21,773.59 1,412.70 23;-186>29 19811..29* 450.00 450;00 442,18 442,18 7,82 4,445.00 4,445;00 2,565.53 1;834.47 4;400,00 45,00 8;033.00 10;500;00 18;533.00 12;653.51 -5,869.64 18,523.15 9.85 18,417,00 11,269.79 29;686.79 5,530.84 17,541:00 23,071084 6,614.95 184,755.00 141,183.92 325,938,92 222,440°63 90,028.73 312,469,36 13,469.56 300.00 ✓ 35;553;07 35,853°07 16,164;95 -19;688.12 35,853,07 ,274,367.00. 3,430,646.00 225,378.48 18,300.00 499,745.48 3,448,946.00 326,268,36 3,380,746.07 147,126.29473-,394.65 7,770.76 3,388,516.83 26,350°83 60,429.17 3,7050013,00 243,67848 3,948,691.48 3,707,014.43 154;897:05 3,861,911.48 86,780.00 V GENERAL FUND STATEMENT OF UN.A,.PPROPRIATED S-URPLUS Year�Ended-Qecember 319 1957 BALANCE AT JANUARY 1, 1957 ADDITIONS From operations: Excess of estimated revenues.over expenditures for.1957: Revenue -from general property and poll taxes (Note) D.ep.art.mental revenues. Less appropriations Excess of actual over estimated revenues for 1957 Excess of appropriations over expe-nditures for 1957 $2,934.,:8.1.2x00 830,201.00 $3,765,013000 3,705,013000 60,000°00 0theP: Supplemental tax levy Profit on sale of. -city property Prior years adjustments, etc. DEDUCTIONS Appropriations for 1957 budgpt,.use charged to unappropriated surplus 79,617.54 86,780.00 226,397.54 6. $142,873e02 3,115.08 18,-390.98 _ 4,938.30 $252,841 90 $395,714.92 BALANCE- AT, DECEMBER 31, 19 5 7 NOTE: Total tax commitment for 1957: Real estate. Personal property Poll Less transfers to: Recreation District tax Overlay (allowance for doubtful taxes receiv- able) $2,40.2,563.92 656.,642.88 19;335000 79,780°00 $3,078,541,080. .63,949,80 143,729.80 82,934;812.00 132,275 58 $263439:34 ANALY-S.IS QF. TAXES RECEIVABLE As At December 31 .1957 Y E A R Taxes TAX COLLECTION Uncollected 7, ._409.36 1955 D U R :f k -G, YE A R.. O.F „L. E VT 6,558029 1957 Year Ended T 0 T A L 180,834.12 Collections Percentage December -Property Property Tax Tax Adjusted In Year of 31st, Tax List Rate per M Levy Levy of Levy Collections 1948 32,811,016.00 55.10 1,832,152000 1,832;233000 1,796,972.00 98.0 1949 36,528,744.00 54.80 2,027,398.00 2,013,993.00 1,963,520.00 97.4 1950 36,454,766,00 53°80 1,986,835,00 1,982,012.00 1,926,261.00 97,1 1951 37,555,470.00 56.00 2,126,.983600 21122,915.00 2,076,976.00 97.8 1952 38,077,270.00 53°00 2,018.,095.00 2.1011,527.00 1,974,445.00 982 1953 38,4493,960000 City 58:85 Auditorium 1,15 1954 Total 60.00 2,309,638,00 2,302,041.00 2,255,556.00 98,0 1955 .39,602,000,00 40,227,790.00 61.50 City 60.75 2,435,523.00 2,431;549,00 2,382,,000,00 97.9 Auditorium 10:65 1956 40,858,960 00. Total 62.40 City 2,510,214.00 2, 506,64L 00 2,453,226.00 97.9 64.60 Auditorium 2.00 1957 124,358,000.00 Tax 66.60 City 23.95. 2,721,206>00 29710,354.00 -2,'650,278.00 97.8 Auditorium .65 Total 24.60 3,059;206,00 31,001-1'963.00 2;856;566.00 95.2 S T A T -lE M E 'N T 0- F- .:T A-; C.;>; D; E E D S Year Fa" December- -1 ...,19 , 7 . Y E A R Balances 1956 Taxes Property 1/1/57 Interest and Costs Redeemed Titles Taken Cancelled Balances 1948 6796 by City 12/31/57 1949 88.87 5.58 62„38 1950 198.14 M'96 69.91 1951 446.99 83.59 114055 195231.62 814. 96.22 9.90 309.25 1953 1,10409922 20.82 300012 43.11 449.41 1954 2,063,08 68.24 296.70 47.71 692.27 19555 572:98 343.81 48.74 1,097.55 1956 ,581.75 1-5.981.48 2, 67180 9.192.33 344.54 10.57 2,554.84 10,365.17 15,981.48 _ 12,557.79 376,24- L865.76 6 3-17 753.33 .169,77 11- ANALY-S.IS QF. TAXES RECEIVABLE As At December 31 .1957 Y E A R Taxes Uncollected 1954 ._409.36 1955 3,728003 1956 6,558029 1957 170,138.44 T 0 T A L 180,834.12 STATEMENT 0F.MUNIC.P_R..ORE.RTY D(�eember '31y 1957. . ,CLASSIFICATION City Hall Auditorium Health Department Police Department Fire Department 'Highway and Bridges Municipal Garage,.and Police Station -Park Property Gravel Bank Property Electric..Department Wardroom - York Street City Home.& Hospital Recreation Department Cemetery -Property School.Pro.perty, Municipal Dock Garland Street -Athletic -Field Other Miscellaneous, -Property TOTAL AMOUNT 243,493013 64,130,00 2,181075 16,528060 179,025089 3,940,341.69 200,000000 -501, 643.'00 20,000000 101,098.15 2,660000 238,-066._78 4,457.00 42,-900.30 10, 000. 00 -90,000000 69,536092 9,318,894<18 RESOURCES Cash on Hand and Deposits Postage Meter Fund Savings Accounts Securities Custody. of. Ki.rstein, Fund Trustees Hersey.Fund-Iiivestment in,City�Hall Accounts Receivable State. Aid. Grants Due from Bangor Water -District, Taxes Receivable Taxes Receivable. -Tax -Deeds Accounts Receivable -Sewer Deeds Office Supplies Inventory Public!Works inventory Ordinance Revision Account! City Property Tax Deeds Fixed Property Tobe Provided in Future Periods TOTAL,RESOURCES COMBINED F.UN.Q. AAL AN CE.. -S HE E T As.�At December: ,31,1.. 1957 General Trust - & Municipal -Fixed Grand Fund -Agency Debt Asset Total Fund Fund Fund All Funds 2229 92.7. 114 '58,.579.38 -281;506.52 -500000 500.00 .28, 67 4 x 84 28,674084 245,500.00 245-9500A0 - 15803,86 15,803.86 -100 Y-000 100,000,00 33 4310 5.1 33,43 L 51 10,123.70 10.123z70 -99"-e00- '00 99,000-00 1809-834,12 180,834.12 .11,753.33 112753.33 4,518,39 4-i- -518 39 909.53 909.53 .1,293629 1,293.29 1-9-885,53 1,-885z 53 7P281-45 7,28L45 ---9,318,894,18 P 9,3W,894.18 1,576-;500.,00 1'1-576 500.00 468,176 54. 44M58,W 1,675;500'00 9,326,175.63 11,918)410,25 COMB.3NED FUND BA-LAAC.E.SHEET As !at ,December -31, '1957 . Trust & ..Municipal :.Fixed Grand General Agency Debt Asset Total Fun:d Fund ..;.Fund Fund ;All'Funds 'LIABILITIES -AND RESERVES Notes Payable 107,-500-. 00 107,500.00 Bonds Outstanding 191,568-,-OW-00 1,568,000.00 School'Building Construction -Federal Grant 4,982.00 4,982000 ()'fStreet Parking Fund 9,636011 9,636.11 Garland Street Field Fund 333°46 333046 Police and Fire Services 666071 666,71 Automobile Excise Tax -Prepaid- 16,195,23 16,195023 State Aid�Construction Imp.=Fund 10,123,70- 10,123°70 Reserve for Encumbrances 1549897,05 154;897;05 Reserve for Uncollected -Taxes. 7y902a94 7-902,94 Reserve for Miscellaneous 4481-558.08 448,558.08 Investment in.Fixed Assets 9,326,17563 9,3269175063 Surplus 263,439,34 263,439.34 TOTAL LIABILITIES & RESERVES 468,176, 54 448, 558,08 1,675--,500.--00 .9,326,175,63 11, 918, 410, 25 S-TA-.T..EM-EN-T.,DF_. _&U.ST ANLD..A.-G.EN;Cx FUNDS l o As,at.Deeember 3119 1957 Cash Securities Fund Balance Total Income Principal FUNS Adams 101000000 10,000 00 10,000.00 Bangor Children's Home 40,000.00 _ 40,000,00 40,000.00 Bangor Firemen's Relief 19-463.33 10-10.00..-00 729,38 10,733.95 11,463.33 Bangor Fuel Society 4,500.,00 4,500.00 4,,500.00 Bangor High School Loan 302.10 80081 221.29 302°10 Bangor Mechanic Association . 12;00000 12;000.00 12,000.00 Bass Park 72.02 72002 72.02 Cemeteries 26,007.75 63,500 00 89,507,75 89,507 75 Arthur Chapin 19307.89 14,500 00 19270.04 14,537.85 15,807,89 Thomas U. Coe 3,000.00 3,000,00 3,000.00 Hiram He Fogg 181.50 1,00G.001 181.50 1,000;00 1,181.50 French Medal 2,713.05 4,500000 2,463.05 4,750.00 7,213.05 Hersey-, 100;000.00 1001000900 100,000,00 Holton Public School 17.94 21000.00 17.94 2,000.00 2,017.94 Home for Aged Women 25;000.0025,000.00 25,:000.00 Kirstein-City•Hsopital & Home .20.70 .500.00 _ 20°70 500°00 - 520„70 Kirstein Missionary 127.07 1,000.00 12.7.07 l"000.00. 1,127.07 Kirstein Scholarship 272.30 5,000;00 272.30 5,000.00 5,272.30 Kirstein Student Loan 15,803.86 3,000.00 18,803.86. 18,803.86 O'Connell Trust 422.34 1,000 00 422.34 1100.0.00 1,422.34 Hiram P. Oliver 385.40 2,000.00 385.40 -2,000.00 2.,385.40 Pierce L.E. Sabine -4;00.0.00 1,000 00 394.41 4,000.00 4,000.00 Stetson Missionary .394041 3 ,851.82 12,000.00 3;85.1.82 1,000.00 12,000;00 1,394.41 11,851.82 Stetson _ George T. Stodder 5,000,00 5,000..00 . 5,000.00 Wakefield 11,000.00 11,000.00 11,000,00 A.E. Webber, Jr. Scholarship Fund 1,012.50 10,000.00 120:50 10,000.00 19000.00 10,000 00 1,012.50 $Uvivor Benefit -Teachers 221055 221.55 221.55 Community Chest 228.24 228.24 228,24 Teachers' State Group'Life Ins. 588.25 588.25 588.25 Employees' State. Group Life Ins. 869.44 869.44 869.44 State Sales Tax-4pditorium 85.05 85.05 85.05 Miscellaneous Employee Deductions 1,439.10 1,439.10 1,439.10 feachers'.Retirement 4,275,45 4,27545 4,275.45 Employees' Retirement. 3,840 45 3,840°45 3,840.45 State Hunting & Fishing Lic. Fees 1,627.40 1,627.40 1,627.40 State Plumbing Fees 19.10 19 I0 . 19.10 Withholding Tax !mployees' Savings Bonds 30 490.30 2,780;56 .-30,490.30 30,490.30 Jnion Dues -Public Works 234.00 2,7.80.56 2,780.56 Workmens' Compensation 2,003.21 234.00 2,003.21 234.00 2,,003.21 TOTALS 103,058 08 345.,500.00 109301.28 438,256;80 448,558.08 STATEMENT OF DEBT U.IMIT...AN_D.. BOi.R.-OWING CAPACITY Dgcember,319 1957, Assessed Valuation, April 1, 1957 124,358j000.00 Debt Limit (71/2 of Valuation) 9,326,850.00 City of Bangor Liabilities: Bonded -Indebtedness 1,568,000.00 Notes Payable 107,500 00 .1,675,500.00 Net Borrowing Capacity 7,651,350.00 FUTURE DEBT: S]ERVT,C.KON PRESENT- DEBT December 319 IR57 NET DEBT,.RAT-1<Oi--Ti--A-S=SES:M..ENTS. AND NET DEBT..OER CAPITA Net Net,Debt Ratio to Per Debt Capita -Assessments Net Debt Year 1948-570,15,0,00 32-,811,016.-00 01738 19.71 Total Payments to be made from .-02650 Bond Bond Note Note Future _ General Water Year Maturities Interest Maturities Interest Debt Seryice Fund District 1958 167,000.00 3.1,014.50 151500.00 2,399.38 215,913088 -197,491.38 18,422.50 1959 151,000.00 27,968.00 14,000.00 2,080:00 195,048.00 176,868.00 18,180.00 1960 149,000.-00 25,181.50 14;000.00 1,770.00 189,951.50 172,014 00 17,937.50 1961 147,000.00 22,430-00 14;000.00 1.,460:00 184,890000 167,195.00 17;695.00 1962 147,000.00 19,,713.50 14;000.00 1,150;00 181,863.50 164,411 00. 17,452.50 1963 135,000.00 17,037.00 14,00000• 840.00 166,877.-00 159,667.00 7,210.00 1964 118,000.00 14,538.00 14,000..00 530.00 147,068.'00 139,963.00 7,105.00 1965 105;000°00 12,294,00 4,000'00 220.00 121,514000 121,514000 1966 54,000-00 10,245.00 4,000.00 .110,00 68,355.00 68,355.00 1967 54,000.00 8,976.00 62,976.00 62,976000 1968 44,000 00 7,707.00 51,707 00 51,70700 1969 44,000.00 6,768.00 50,768;00 50,768..00 1970 44,000.00 5,829.00 49;829.•0049,829.00 1971 44,000.00 4,890.00 48,890.00 48,890.00 1972 44,000.00 3;951.00 47,951.00 47,951-00 1973 4.4,000.00 3,012.00 47,012,00 47,012.00 1974 44,000---00 — 2;073.00 46';073.00 46,073.00 1975 11,000.00 1,134;•00 12,134:00 12,134.00 1976 11,00000 75600 11,756.00 11,756.00 1977 11,00000 378.00 11 378.0000 11,378.00 Totals 1,568,000.00 225,895.50 107;500.00 10.,559-38 1,911,954 88 1,807,952.38 104,002.50 NET DEBT,.RAT-1<Oi--Ti--A-S=SES:M..ENTS. AND NET DEBT..OER CAPITA Net Net,Debt Ratio to Per Debt Capita -Assessments Net Debt Year 1948-570,15,0,00 32-,811,016.-00 01738 19.71 Year 1949 968;000°00 36,528,744.00 .-02650 33.47 Year 1950 1,339:000.00 36,454,766.00 .03673 42.43 Year 1951 1,217,000-00 37,555,470.00 ,03246 38,63 Year 1952 19-308,500.06 38,077,270000 03436 41.46 Year 1953 L 818,100.00 38;493,960000 004724. 57.62 Year 1954 1,728,500.00' 39,602,000.00 .04365 54.77 Year 1955 1,643,500.00 40,227;790.00 .04085 52.09 Year 1956 1,702,500 00 40;858,960000 ,04167 53.96 Year 1957 L 675,500.00 124;,358'0000.00 .01347 53.11 'C.IIN. ...OF .B.�NGOft . HOSPITAL,&-HO.M..E DEPARTMENT M0.NTNLY.:;O ERAT.ING STATEMENT Month :of December, 1957 'OPERATING REVENUE:- ACCOUNT - 6051 Hospital Charges Full Pay Cases 6052 Home Charges Full Pay Cases 6053 Hosp.&.Home Miscellaneous 6054 Hosp,, C'h'arges Part Pay-Indiv. 6055 Home Charges -Part Pay -Indio. TOTAL REVENUE OPERATING EXPENSE: ACCOUNT 40-0-1 Personal Services 40-0-2 Supplies 40-0-3 Contractual Services 40-0-4* Communications 40-0-5 Fuel & Utilities 40-0-6 Equipment Costs SUB TOTAL 4'0-0-98 Credits -Hosp. (Deduct) 40-0-99 Credits -Home (Deduct) TOTAL OPERATING EXPENSE. NET INCOME *Loss 1957 This Year Budget Month To Date 2,226.00 1,550.00 24;950.00 7',850.00 36,576.00 -64, 219.°00. 24,825.00 7,230.00 575s00 6,650.00 439.00 103,938.00 130 Last Year Month To Date 1,190000 .13;.944>00 848.00 3,407,16 9.3.00 2,1.58040 156°00 1,444 21 75.00 75.00 '765. 17 , 6, 548.84 1.,.227.40 18,4100.08 1,474.70 19,605.85 462.00 6,555.90 .725.40 6,998.92 3,047.40 41,143038 3.,204.10 31,456.14 5-96-80.62 6.8,1.82.57 6,10520 62,966,82 2, 024.64,';, 29; 00.54. 2;-6360 24 27,955. 93 1,044..49 9,270. 510 '765. 17 , 6, 548.84 32.65 3,55. 92 92.75 381 29 50.4.01 5,526.43 1,291.93 6,-403033 31.97 375.32 --82.61' 440.90 99318.38 1129756.98 10,973.90 104,697.11 57;362.00 4,733.90 55;494000 4,028.72 62,603.51 10,000°00 940.0.0 10,,481.30 664.80 12,618.78 36,576.00 3,644.48 46,781.68 6,280.38 29,474.82 -0' 597.08* 5,638.30* 3;,076..28* 1,981,32 C T-�;T, Y:. 0; F B A N. G i3O R AUD.J..TO,R•1.UM.DEPA.RTMENT MON T.ItL -0:PERA.TING;...STATEMENT Month of December, 1957 'OPERATING REVENUE: ACCOUNT 4,075 Building Rental 4076 Basketball Floor Servo Chg. 4077 Rough Floor Serv. Chg. 4078 Ice Rink Serv. Chg, 4079 Portable Stage Serv. Chg.,_ 4080 Bleachers Serv. Chg. 4081 Folding Chairs Serv. Chg. 4082 Boxing Ring Serv,-Chg.. 40:8;3 Public Address Sys. Serv.•Chgo 40.84 Admissions City Oper. Ice'Skating 4088 Concessions TOTAL OPERATING -REVENUE OPERATING EXPENSE,: ACCOUNT 51-1-1 Personal Services 5.1-1�2 Supplies 5.1-1-3 Contractual Services, 51-1-4. Communications 51-1-5 .Fuel & Utilities 51-1°6 Equipment Costs SUB TOTAL CONCESSIONS 51-2-1. Personal Services 51-2=2 Supplies 51-2-3 Contractual Services SUB TOTAL TOTAL OPERATING EXPENSE OPERATINGPPROFIT *Loss This Year Month To Date 563.00 14,,-1.96.7.0 108.00 474000 180.00 846.00 918.7.5 1,440.09 3, 2090 84 1,562.10 278.35 584.61 41.80 3;, 677..52 11.64 6,1-5-6.02 85-3.-3,8 202. 15 33.00 1, 088. 53 7,244.55 4,034.71* .54° 00 396.00 29.00 ° 128025 4,945.25 15,907.40\ 36,976.60. 16 342.96 2,416:.40 ll:, 13.2090 535-..67 14,463.23 94.05 14m Last 41,495.65 Year Month To Date 850.00 19,514.78- 84.00 408.00 108°00 738.00 33-00 500.00 6.00 63.00 90000 •603.00 8.00 76.00 24.00 101.25 1,_570.08 5,524.28 1,779;57 1,062.19 21,062.19- 4.,495.65 -48,614.50,- 1, 526. 00 48,614.50' 1,526.00 15,112.62 415.55 2;749086 1,603.36 11,531.85 47.30 625.40 3,2310 30 14-,495.37 33-00 413090 44,985.2-1' 6,823051 44,929.00 1,736..00 310.00 3,035.50 7, 93°7.33 1,,2J;1. 32 --8, 572.69 3,980,27 260.90 5,635.11 121,00 33-00 154.00 13,774.60- 19815.22 17,3-97°30 58,759.81 8,638073 6.2,326.30 21,783021# 4„143.08* 13,711.80*