Decatur Daily Democrat, Volume 31, Number 44, Decatur, Adams County, 21 February 1933 — Page 6

PAGE SIX

I ANNUAL REPORT ANNUAL REPORT p C/TY OF DECATUR CITY OF DECATUR I WATER WORKS ELECTRIC WORKS[( Balance Sheet December 31, 1932 Balance Sheet December 31, 1932 ASSETS AS SETS BO CURRENT CURRENT $ n. 206.92 B LI Cash in banks (checking account) $ 16,371.67 Cash in banks (Checking Account) ' ,2090 87 Accounts Receivable—Customers $ 6.941.95 Certificates of Deposit (Cash Reserve) " Less Reserve for Doubtful Accounts 1,200.00 5,741.95 Accounts Receivable—Consumers no 19 019 86 Hal, Inventory of Materials and Supnlies 2,032.91 Less—Reserve for Losses 2.H10. > I’lno -q ■< '* sou m.-o Accounts Receivable (From Water Department) .. ■ \°ti OTHER ASSETS $ 24,146 "’ 3 Material and Supplies Inventory '■ 1 -288.25 Hfhis Checking Account balances in closed banks: OTHER ASSETS The Peoples Loan and Trust Company $ 242.92 Checking Account balance in Closed Banks: Old Adams County Bank 2,745.93 Old Adams County Bank * ■ELI Note Receivable (Civil City) . 1,055.97 The Peoples Loan & Trust Company ■ $ 4,044.82 Certificates of Deposit (Cash Reserve) Baii-H" DEPRECIATION RESERVE FUND Note Receivable (Civil City) 2’511*52 % Certificates of Deposit in Closed Banks: Rural Line Construction Receivable „ The Peoples Loan and Trust Company $ 1.307.09 Ornamental Ump Posts Assessments 5 b -H ■ Old Adams County Bank . . 1,559.89 Less-Reserve for Losses ... 192.98 6/4.73 H hl . $ 2,866.98 DEPRECIATION RESERVE FUND Reserve for Depreciated Certificates of Deposit: Hiir.is! FIXED COST Depreciation Value The First State Bank » 4,524.6.3 ■to i , . „ Old Adams County Bank (In Liquidation) .>2,060.58 BvH Umd 13.i_0.00 $ $ 13,720.00 The Peoples Loan & Trust Co. (In Liquidation)... 1.996.67 ll' Rnildta ' S IJW64 - 2 ’ I >’ 4W 11 - 898 - 44 N %v“» eX C ;S»U 26.430.70 05,0123 ‘ Electric Power Station Equipment 24.218.20 6.698.88 17 519 41 .. . 1 **”*•'•” Reserve for Depreciated 01 Collecting Aqueducts and Supply Mains 27,251.17 5.207.88 22,043.29 FIXED ASSETS COST Depreciation Value H in hel Purification System 869.91 228.34 641.57 Land $ 10.444.95 $ 10.144.95 ■i’aui Mains 115 899 65 17 *>l3 09 OS f-f r? Buildings 62.825.13 $ 9,661.78 53.163.35 ■ lio,«WM>3 17,-43.03 98.6a6.62 Steam Power Plant Equipment 189.146.91 63.223.20 125.923.71 ■be Services 22,621.14 4,559.1.3 18,062.01 Boiler Plant Equipment 123.116.90 39,471.61 83,645.29 B 1 ’ h Meters 9,162.96 4 782 79 4 380 17 Distribution .System 138.037.47 .32,990.38 105,047.09 Hydrants 7.114.42 1*481.52 5*6.32'96 Municipal Lighting System 33,504.73 12,023.81 21,480.92 ■; ITtilitv Fouinment 776 90 7?6 9n '•(inn Utility Equipment 2,804.45 1,509.94 L294.0l ■ un Utility Equipment //6.90 ,26.90 50.00 Office Equipment 2,018.17 875.94 1.142.23 Office Equipment 974.3/ 462.45 511.92 Tools 913.55 913.55 p Too,sl '*’ l " 10 §562.812.26 $159,756.66 $403,055.60 $238,332.24 $ 43,338.75 $194,995.49 DEFERRED CHARGES ■Ho nFFPRRFn. Operating Supplies $ 5,480.24 ■ ’*« ' Prepaid Insurance 116.12 Unexpired Insurance 1,119.80 1.600.01 Total Assets $226,167.94 TOTAL ASSETS $548,819.64 Liabilities Liabilities K CURRENT CURRENT Accounts pavable—Electric Current $ 1 lO*> ?q Accounts I ajable (Irade Creditors $ 284.39 SURPLUS * "Balance—January 31. 1932 .................... $217,952.52 £ ccru ® d ln ‘ er s st " n ®° nds 1.050.00 MM Net profit for Year—Exhibit B 6,812.63 Depository Interest Due State 33.55 $ 6,36/.94 Balance—December .31, 1932 $224 76515 LONG TERM OBLIGATIONS I Total Liabilities and Surplus $226,167.94 TOTAL LIABILITIES j 36,367.94 If SURPLUS Mm Profit and Loss Statement Year Ending Dec. 31, 1932 Aid of Rural Line Construction 3gg 38 ~ Net Profit for 19.32 11 699 38 ■ ma-ooAAn Balance December 31. 1932 512 451 70 ■*"' 108./28,000 Cents. Mills • )1 - 1,)l ' 1 EARNINGS Gallons per “M” Gallons TOTAL LIABILITIES and SURPLUS 8548,819.61 ■** Pumped Amount Pumped 2 Commercial and Industrial Sales § 18,673.81 OP, IT O. . xr ~ ' ~~ K Delinquent Penalties io% .• • • '"’339.91 II Profit and Loss Statement Year Ending Dec. 31, 1932 E ————— M !13 $ 26,013,75 23.92 farntncs KWH Sold Amount Cents. Mills . OPERATING EXPENSES Per KWH E Commercial Light 957 rri ecooAOA, c-ci M M 11 ' 1 Pumping $ 6,602,07 6.07 pZ” e SJtX° WW H 3 MHW 2J58 E Distribution 2,359.58 2 .1 7 Municipal Street iZJhUng 7.7.‘. 35?-"R> 4,492,91 K Fire Hydrants 126.52 .12 " ater De P artm « nt .7 Wjjl** sSJ 3J89 E Commercial 211.82 19 Total Eai »ings 2,896,716 51P397 08 "S’ B' General 2 852 24 •> OPERATING EXPENSES ■ Z ’ Ba^-454 2.62 Plant Operation - H* Undistributed 454.63 42 Distribution 1953 Depreciation 5 348 72 / QQ Consumption “’Z'ZZZZZZ 4013 R ml V —-J4,92 Municipal Contract Lighting 2 «n ’2™ S Less Expenses t i7qr= fiS Commercial ±1 7 ’ 955, ?° 1651 General 1.415.19 .149 If $ 8,058.07 7.41 Undistributed 414,67 >2 56 ® T u * —£ 2,1a9,1 .t ? 97,311.47 ■ Rr / « • er $ 1-5,085.61 3.359 K Street Sprinkhng $ 60 . 00 OTHER INCOME S t Miscellaneous 85J7 Interest on Depreciation Reserve Funds $ 779 1- ■ •>“.28 Sale of Supplies 484.88 HK Bad Debt Recoveries 27 5 e 247 9 ft Bad Debt Recoveries ... . 24.9.3 $ 8,305.27 7.64 167 -94 $ 1,531.42 653 ■ OTHER CHARGES OTHER CHARGES $ 16 .6 17 .03 B Bad Debts « 709 , Interest on Bonds . . . „ ‘ ' Bad Accounts Charged Off 2.100.00 IB Provision for Bad Debts 700 .00 Additional Provision for Bad Accounto 1,117,65 I Ledger Adjustments Net Profit L 700.00 $ 4,917.65 170 B Cost of Drilling Dry Well $ L 492 64 j, 37 Note <*>, The total KWH wld for Munici nal $ 11,699,38 NET PROHT $ 6 812 63" ( 1 P ° f the earni "gß to the Water DeilrtmJnt* *T d ° n an es,i ™te. $1 . ’ 6,812,63 627 Bumed 18 note “I record. Apartment is based on a flat rate and the total KWH con- | George Krick, Mayor Chas. Brodbeck, Supt. George Krick, Mayor I H. F. Linn. Councilman 0. L. Vance, Councilman Joe Hunter, Councilman H. F. Linn. Councilman 0L V c M 1 My,ott ’ Su P t - j| George Appelman, Councilman H. M. Gillig, Councilman 11 George Appelman, Councilman < ‘ Un< ‘ il “ a " Joe Hunter > Councilman ■ M Gillig ’ C ° UnCilman !|

DECATUR DAILY DF.MOCR.AT TUESDAY, FEBRUARY 21, 1933