HomeMy WebLinkAbout1972 09 30 Financial Report - City of friendswood 1
CITY OF FRIENDSWOOD, TEXAS
' FINANCIAL REPORT
FOR THE TWELVE MONTHS ENDED
SEPTEMBER 30, 1972
I
ELECTED OFFICIALS
MAYOR
Ralph L. Lowe
' CITY COUNCIL
Benny Baker
' Ralph G. Gonzalez
Richard L. Haken
William B. Patton
Melton L. Windler
Edward O. Zeitler
APPOINTEES
' City Manager James C. Morgan
City Secretary Bobbie C. Henry
' Tax Assessor and Collector L. B. Cline
City Water and Sewer Superintendent Kenneth R. Toon
' City Engineer Thomas D. Heaney
' 109 Willowick
Friendswood, Texas
I
1
I
II
II
IITABLE OF CONTENTS
Page
IILetter of Transmittal
1 General Fund
Balance Sheet 1
Analysis of Changes in Unappropriated Surplus 2
Statement of Revenue Receipts - Actual and Budgeted 3
II
Operating Expenses - Actual and Budgeted
General Administrative Expenses 4
Police Department Expenses 5
I
Streets and Drainage 6
Library 7
Fire Department 8
I
Health, Welfare and Recreation 9
Sanitation 10
Other
Engineering 11
II
Municipal Court 11
Planning Commission 11
Drainage Board 11
I
Capital Outlay - Actual and Budgeted 12
Social Security Fund
I
Balance Sheet 13
Water and Sewer Systems
Balance Sheet I
City Water and Sewer System 14 & 15
Annexed Water District System 16
Analysis of Changes in Surplus 17
II Statement of Income and Expenses 18
Schedule of Property, Plant and Equipment
City Water and Sewer System 19
1 Annexed Water District System 20
Statement of Cash Receipts and Disbursements - Construction Fund
City Water and Sewer System 21
Statement of Cash Receipts and Disbursements
I
Interest and Sinking Fund 22 & 23
Bond Reserve Account 24
Statement of Bond Maturities and Interest Requirements 25 & 26
IIBond Requirements Compared with Actual 27 & 28
General Fixed Assets
1 Schedule on General Fixed Assets 29 - 31
Supplemental Statements
Combined Balance Sheet - All Funds 32 - 35
II Comparision of Budget with Actual Receipts and
Disbursements - General Fund 36
Comparison of Budget with Actual Income and
11 Expenses - Water and Sewer System 37
I
' TABLE OF CONTENTS
- continued -
II
Page
Statement of Bonds Payable 38 - 41
Schedule on Insurance in Force 42 - 46
Statistical Statements
Tax Levies and Tax Collections 1964-1972 47 & 48
General Fund Revenues Other Than
' Property Taxes 1964-1972 49 & 50
General Fund Expenditures for Selected
Functions 1964-1972 49 & 50
Water and Sewer System Revenues and
Operating Expenses 1965-1972 51
1
I
S
I
1
1
I
I
I
' HELOISE BROWN CANTER
CERTIFIED PUBLIC ACCOUNTANT
1101 Memorial Professional Building
HOUSTON, TEXAS 77002
I
I
Honorable Mayor and City Council
City of Friendswood, Texas
We have examined the balance sheets of the various funds of the City of
Friendswood, Texas as of September 30, 1972 and the related statements of
' revenues and expenses and fund equities for the year then ended. Our examina-
tion was made in accordance with generally accepted auditing standards and
accordingly included such tests of the accounting records and such other
Iauditing procedures as we considered necessary in the circumstances.
As required under the home rule charter approved by the citizens at
a special election held October 16, 1971, the accounting records for the
' city are on a modified accrual basis and the records for the water and sewer
system are on an accrual basis. Taxes and other receivables are accrued
and distributed to the appropriate funds. The payable of accrued principal
and interest shown in this report within the Interest and Sinking Fund is
actually a pro-rata share of maturities due and payable in the coming year
as all debt service maturities through September 30, 1972 have been paid.
11 A resume of the financial activities of the various funds follows:
GENERAL FUND
The General Fund is used to finance the ordinary maintenance and oper-
ilations of the City and records all activities not provided for in other funds.
On August 1, 1972, the City began operating a garbage collection system.
Fees are billed and collected, as a matter of convenience, along with water
and sewer charges and are remitted to the General Fund when collected.
A comparative statement of receipts and disbursements for the years
11 ended September 30, 1972 and September 30, 1971 follows:
I
11
1
1
1 YEAR ENDED
9-30-72 9-30-71
Receipts
1 Revenues
Taxes, Penalties and Interest $147,288.86 $134,952.95
Fines and Fees 15,310.94 12,385.25
1 Franchise and Gross Receipts Tax 21,655.49 19,041.96
Inspection Permits and Licenses 18,727.47 14,679.85
City Sales Tax 26,365.43 15,096.55
1 Sanitation Service Charges 11,513.30
Miscellaneous Receipts 3,020.48 4,823.47
Other Receipts
Contributions and Federal Grant Funds 95.42 47,886.60
1 Total $243,977.39 $248,866.63
Expenditures
1 Operating Expenses $265,279.61 $222,046.15
Capital Outlay 25,711.76 25,198.29
Increase in Encumbered Receipts 1,766.33 2,016.79
1 Total $292,757.70 $249,261.23
Excess of Receipts over Expenditures $(48,780.31) $ (394.60)
1 TAXES
1 The tax levies for years prior to 1972 were based on a tax rate of $1.00
per $100 assessed valuation. The 1972 tax levy was decreased to $0.90 per
$100 assessed valuation.
1 A schedule on tax levies and collections thereon is included in this
report on pages 47 and 48.
II
Tax levies have been distributed to funds as follows:
General Fund Interest and Sinking
II
Year Total Percentage Fund Percentage
1965 $1.00 58 42
1 1966 1.00
1.00 664 336
1967 58 42
1968 1.00 655 345
1969 1.00 816 184
II
1970 1.00 61 39
1971 1.00 62 38
1972 0.90 85 15
1
WATER AND SEWER SYSTEM
1 A comparative summary of income and expense for the years 1965 through
1972 is included in this report on page 51.
1
II
II
On October 21, 1971, the City of Friendswood entered into a waste disposal
II agreement with Harris County WCID #108 wherein the District would install sewer
lines to transport sewage and waste from within their boundries to the sanitary
sewer trunk line facilities of the City. This construction program was completed
II in July 1972 and the District began discharging sewage into the City's facilities
on July 20, 1972. The residents of Harris County WCID #108 are billed at the
rate of $3.00 per tap for this service. The contract obligates the City of
I
Friendswood to treat up to 460,000 gallons per day from Harris County WCID #108.
A similar arrangement has been negotiated with the Clear Woods Improvement
District and an agreement between the City and the District was signed under
II date of December 5, 1972, but is contingent upon the City of Friendswood
receiving approval of the contract from seven separate agencies. This agree-
ment, if approved by all of these agencies, obligates the City of Friendswood
II to treat up to 500,000 gallons per day from the Clear Woods Improvement
District.
I
Water and Sewer connections as of September 30, 1972, 1971, 1970 and
1969 were as follows:
II9-30-72 9-30-71 9-30-70 9-30-69
City
II Water 1062 971 897 789
Sewer 1020 932 853 748
l WCID #21
Water 570 570 570 537
Sewer 569 568 567 534
II WCID #108
Sewer 305
II Water and sewer billings are on a bi-monthly basis. Water rates for all
users, residential or commercial, as approved on March 16, 1970, are as follows:
II First 6,000 Gallons $7.00 Minimum
6,000 to 10,000 gallons .75 per 1,000 gallons
10,000 to 20,000 gallons .50 per 1,000 gallons
20,000 to 40,000 gallons .40 per 1,000 gallons
1 40,000 to 100,000 gallons .30 per 1,000 gallons
100,000 to 200,000 gallons .26 per 1,000 gallons
200,000 to 400,000 gallons .24 per 1,000 gallons
1 All over 400,000 gallons .20 per 1,000 gallons
Sewer charges were increased from $2.00 to $3.00 monthly as of May 1, 1972.
II
INTEREST AND SINKING FUNDS
1 The current requirements of the Bond Orders governing the Interest and
Sinking Funds on all series of bonds are being satisfied.
1
1
1 CONSTRUCTION PROGRAM - WATER AND SEWER
Walsh Engineering, Inc. has been engaged to conduct an engineering study
for the purpose of selection and recommending the most cost effective waste-
water treatment facility for the proposed Friendswood Sub-Regional Wastewater
Treatment System. This proposed system is a further implementation of a master
plan for the Friendswood area which was submitted and approved for construction
by the Texas Water Quality Board in July, 1967.
The proposed Friendswood Sub-Regional Wastewater Treatment System would
provide for treatment of sewage from Friendswood and adjacent areas where
1 contracted and would provide for an initial sewage treatment capacity of
2,000,000 gallons per day. Harris County WCID #108 has contributed $239,000
toward the expansion of the Friendswood sewer facilities and the addition
of tertiary treatment. If all conditions of the contract with Clear Woods
Improvement District are met, that District will contribute $150,000 in
construction funds to this project. Friendswood will provide for its share
of costs on this project through a bond program.
OPINION
In our opinion, except for the change from cash to modified accrual
reporting for the General Fund, the accompanying balance sheets and the
related statements of revenues and expenses and fund equities present fairly
the financial position of the City of Friendswood at September 30, 1972
and the results of operations for the year then ended in conformity with
generally accepted accounting principles applied on a basis consistent
with that of the preceding year.
Very truly yours,
/Arx) ect-a."-E
1 Heloise Brown Canter
Certified Public Accountant
1
1
December 26, 1972
1
I
1
' CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
BALANCE SHEET
SEPTEMBER 30, 1972
1
11 ASSETS
Current Assets
Petty Cash $ 175.00
Undeposited Receipts 104.00
Cash in Banks 23,426.63
Accounts Receivable 448.45
Due from City Water and Sewer Fund
(Garbage Collection) 5,992.30
Due from Social Security Fund 1,752.28
Total Current Assets $ 31,898.66
Other Assets
Taxes Receivable $ 3,403.00
Less: Reserve for Uncollected Taxes (3,403.00)
Total Other Assets 0.00
Total Assets $ 31,898.66
•
LIABILITIES, RESERVES AND SURPLUS
Current Liabilities
Accounts Payable $ 3,394.82
' State Taxes Payable (Court Costs) 47.50
Due to City Water and Sewer Fund 22,529.86
Grant Funds Encumbered - Library 1,610.67
Sales Tax Funds Encumbered - Parks
and Recreation 4,276.87
Total Current Liabilities $ 31,859.72
Surplus
Unappropriated Surplus 38.94
' Total Liabilities, Reserves and Surplus $ 31,898.66
I
1
I
CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
ANALYSIS OF CHANGES IN UNAPPROPRIATED SURPLUS
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
1
11
Unappropriated Surplus - October 1, 1971 $ 48,819.25
ADD
Revenue Receipts 243,977.39
Reserve for Encumbrances - October 1, 1971 4,121.21
1 Library $ 2,104.42
Parks and Recreation 2,016.79
Total Balance and Additions $296,917.85
DEDUCT
Operating Expense $265,279.61
Capital Outlay 25,711.76
Reserve for Encumbrances - September 30, 1972 5,887.54
Library $ 1,610.67
Parks and Recreation 4,276.87
e
Total Deductions $296,878.91
Unappropriated Surplus - September 30, 1972 $ 38.94
I
I
11
2
1
II
I
CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
STATEMENT OF REVENUE RECEIPTS
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
Actual Budget
IIAd Valorem Taxes
1971 Tax Roll $142,772.05 ✓
II 1970 Tax Roll 1,777.14
1969 Tax Roll 994.08
1968 Tax Roll 208.62
1967 Tax Roll 29.93
II 1966 Tax Roll 34.26
1964 Tax Roll 33.68
Penalties and Interest 909.10v
II Tax Certificates 530.00
Total $147,288.86 $135,815.00
I Fines and Fees
Fines $ 14,832.94
Dog Tags and Pound Fees 478.00
Total $ 15,310.94 V 10,200.00
II
Franchise and Gross Receipts Tax
Community Public Service $ 14,297.98
I
Houston Natural Gas 2,598.45
Southwestern Bell Telephone Co. 4,759.06
Total $ 21,655.49✓ 20,000.00
IInspection Permits and Licenses
Building Permits $ 13,651.47
Mobile Home Permits 3,566.00
II Other Permits 45.00
Electrical Licenses 1,465.00
Total $ 18,727.47/ 12,600.00
ICity Sales Tax
Committed to Street Program $ 13 182.71
1 Committed to Recreation Program 13,182.72
$
Total 26,365.43 ✓ 20,000.00
Sanitation $ 11,513.30 ✓
IInterest Earned $ 2,642.72 ✓ 1,000.00
1 Miscellaneous
City of Pearland $ 94.61
Reimbursement for Oil Spill 100.00
1 Contribution - Ralph Lowe - Materials for Bandstand 95.42
Other Revenue 183.15
Total $ 473.18 ✓ 1,000.00
1 Grand Total $243,977.39 $200,615.00
3
I
1
I
CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
GENERAL AND ADMINISTRATIVE EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
1
I
Actual Budget
Salaries and Wages $ 33,987.24 $ 30,660.00
II Payroll Taxes 1,686.59 1,556.00
Group Insurance (Employee Benefits) 600.21 893.00
Other Insurance and Bonds 2,280.68 11,000.00
Workmen's Compensation and
11 General Liability $ 1,381.09
Automobile 336.11
Fire and Extended Coverage 373.48
II Bonds 190.00
Telephone 1,879.16 2,000.00
Office Supplies 3,773.54 4,955.00*
II Building Maintenance 1,916.15 2,000.00
Equipment Maintenance 508.20 300.00
Fuel 705.91 100.00
Dues and Subscriptions 756.70 400.00
1 Election Expense 444.25 300.00
Printing Expense - Legal Notices 269.90 300.00
Auditing Expense 1,847.27 1,500.00
1 Legal Expense 4,353.87 2,000.00
Mayor and Council 490.58 500.00
Taxes to Pearland 444.57 225.00
Training (including travel to attend) 403.09 450.00
IITax Appraisal 3,093.99
Codification of City Ordinances 4,800.00
Miscellaneous Expense 483.50 200.00
II
IITotal General and Administrative Expenses $ 64,725.40 $ 59,339.00
1
II
I *Budget Allocation includes supplies for
all departments.
I
1
4
II
11
IICITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
POLICE DEPARTMENT EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
1
11 Actual Budget
Salaries $ 48,441.37 $ 46,079.00
Chief $ 9,967.50
11 Patrolmen 23,845.06
Clerk 5,341.50
Dispatchers 6,549.79
II School Guard 2,737.52
Payroll Taxes 2,486.15 2,252.00
Group Insurance (Employee Benefits) 813.55 1,260.00
II Insurance and Bonds 2,604.11 400.00
Auto $ 950.00
Workmen's Compensation and General
Liability (Includes Volunteer Police) 1,654.11
li Telephone 1,044.20 1,100.00
Office Supplies and Postage 1,067.72
Maintenance - Police Cars 2,278.81 1,496.00
I
Maintenance - Radio and Radar 405.23 1,200.00
Maintenance - Other 586.72 100.00
Prisoner Care 56.45
I
Fuel 1,404.23 1,800.00*
Dues and Subscriptions 7.50 20.00
Expense Account 15.25 50.00
Training (Including Travel to Attend) 554.24 300.00
II Uniforms and Badges 983,03 1,265.00
Dog Pound Operation 2,355,43 230.00
Repairs and Maintenance - Pound $ 288.21
I
Repairs and Maintenance - Truck 31.22
Humane Officers 1,199.25
Tags, etc. 27.10
I
Fuel 680.80
Dog Food 116.85
Utilities 12.00
11
Total Police Department Expenses $ 65,103.99 $ 57,552.00
11
II
II *Budget allocation includes fuel for Dog Pound.
11 5
II
I
II CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
STREETS AND DRAINAGE DEPARTMENT EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
IActual Budget
Salaries $ 18,497.89 $ 33,105.00
Payroll Taxes 963.60 1,600.00
11 Group Insurance (Employee Benefits) 469.15 815.00
Insurance and Bonds 2,548.90
Trucks $ 707.00
II Equipment 416.00
General Liability and Workmen's
Compensation 1,425.90
I Street Lights 5,966.75 7,100.00
Maintenance of Equipment 9,892.38 4,000.00
Miscellaneous Expense 217.43 500.00
Shop Supplies 672.70
IIExpendable Tools 486.65
Fuel 3,333.55 2,000.00
Street Signs 1,971.53 1,100.00
I Materials and Supplies 20,904.43 7,000.00
Rental of Equipment 3,402.60 1,000.00
Contract Labor 243.00 500.00
I Uniforms 468.69 1,000.00
Drainage 5,128.81 6,500.00
Payroll $ 1,329.00
Payroll Taxes 69.11
II Contract Services 1,032.50
Maintenance 502.50
Materials 2,195.70
IIWeed Spraying 500.00
ITotal Streets and Drainage Department Expenses $ 75,168.06 ✓ $ 66,720.00
II
II
I
11
II 6
I
I
CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
LIBRARY EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
Actual Budget
11 Salaries $ 9,575.93 $ 12,977.00
Payroll Taxes 497.95
Group Insurance 330.72
Telephone 310.19 275.00
Utilities 1,418.51 900.00
Office Supplies and Postage 345.67
Maintenance 813.66 700.00
Insurance and Bonds 28.00 200.00
Workmen's Compensation and
General Liability $ 28.00
Books and Magazines 2,048.55
Dues and Subscriptions 37.00
Instruction 78.20
Recreation Program 300.00
Total Library Expenses $ 15,484.38✓ $ 15,352.00
•
I
I
It
I
I
I
7
II
II
II CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
FIRE DEPARTMENT EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
II Actual Budget
Equipment Maintenance $ 870.70 $ 1,000.00
II Plectron Converter 300.92 300.00
6 Plectrons 843.00 900.00
Truck Tires 881.58 800.00
3i" Fire Hose 1,101.00 1,000.00
IRescue Equipment 388.35 450.00
Insurance 1,468.38 1,800.00
Fire Truck $ 879.00
11 Accident Insurance (Firemen) 492.38
Workmen's Compensation and General
Liability 97.00
II Payment #3 - Fire Truck 3,396.48 3,600.00
A & M Training 200.00 400.00
Fuel 193.37 250.00
11 Oxygen Equipment 177.73 260.00
Telephone 218.35 240.00
Dues and Subscriptions 147.05 200.00
Kodak Slide Tray and Projector 98.73
II
IITotal Fire Department Expenses $ 10,285.64 $ 11,200.00
11
II
II
II
II
II
I 8
II
II
11 CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
HEALTH, WELFARE AND RECREATION EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
II
Actual Budget
II Galveston County Mental Health $ 285.00' $ 285.00
Galveston County Health Department 1,765.00, 1,765.00
Fire Marshall 366.24., 875.00
Training School $ 150.00
II Contest 48.00
Supplies 168.24
Mosquito Control 98.04/ 300.00 '
II Safety Committee 150.00
Civil Defense 14.70 500.00
Parks and Recreation 10,922.64K 12,016.00
Utilities $ 1,102.92
II Maintenance 1,464.79
Summer Program 2,159.51
Facilities at Little League Field 4,200.00
II Fencing for Soft Ball Field 1,900.00
Little League Band Stand 95.42
Total Health, Welfare and Recreation Expenses $ 13,451.62 ✓ $ 15,891.00
11
II
II
11
II
II
!!
11
11
I
CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
SANITATION DEPARTMENT EXPENSES
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
I
Actual Budget
Salaries and Wages $ 2,900.00
Payroll Taxes 150.80
Group Insurance 42.30
Maintenance - Equipment 229.87
11 Miscellaneous 110.20
Landfill 1,016.90
Insurance and Bonds 159.00
Workmen's Compensation and
General Liability $ 159.00
Fuel 330.99
I
Total Sanitation Department Expenses $ 4,940.06 $ 0.00
11
I
AA
I! 10
I
I
II CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
OTHER EXPENSES
IOCTOBER 1, 1971 to SEPTEMBER 30, 1972
Actual Budget
11
Engineering
Salaries $ 12,367.50 $ 12,367.00
II Payroll Taxes 468.00 65.00
Group Insurance 138.08 17.00
Reproduction and Blue Prints 103.28 200.00
II Tools 80.20 75.00
Part Time Help 400.00
Wood Stakes 65.00
Transportation 1,000.00
I/ Total Engineering Expenses $ 13,157.06 V $ 14,189.00
IMunicipal Court
Fee - Judge $ 950.00 $ 2,250.00
II Fee - Prosecutor 950.00
Bond Refunds 383.50
Warrant Fees 180.00
Jury Fees 135.00
II Office Supplies and Postage 346.90
Payroll Taxes 10.00
Miscellaneous 24.00
IrTotal Municipal Court Expenses $ 2,945.40v $ 2,284.00
410 Planning Commission $ 35.00
1rDrainage Board $ 18.00 $ 150.00
11 Total Other Expenses $ 16,120.46 $ 16,658.00
1!
It
It
11
I
I
II CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND
CAPITAL OUTLAY
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
1 Actual Budget
General and Administrative
II 1 #504 File Cabinet $ 95.00
1 #6657 Steno Chair 72.86
1 #839 Executive Swivel Arm Chair 145.69
1 IBM Selectric Typewriter #715-929674 406.66
II 1 Cole 3 Drawer Legal File Cabinet 69.00
1 Cole 2 Drawer Legal File Cabinet 51.00
Total General and Administrative $ 840.21✓ $ 1,082.00
II
Police Department
11 1 #A 4269 Steno Chair $ 74.75
1 #3853 Legal Document File 31.50
1 IBM Selectric Typewriter #715-9313140 436.07
2 Sonar Scanners - CFR 2516 and 2517 379.90
II 1 Base Station Monitor and Microphone 254.75
1 #9870 Steno Chair 59.50
1 Used Radar Unit - Stevenson Mark IV 325.00
IITotal Police Department $ 1,561.47 1,640.00
II Street and Drainage Department
1 Chain Saw #1070714 $ 145.00
1 Skill Saw Model #574 43.97
1 David White 18" Dumpy Level 97.50
11 Total Street and Drainage Department $ 286.47 ✓ 2,300.00
11 Library
1 Display Case $ 493.75
Total Library $ 493.75
II
Sanitation Department
34 Special Containers - S/N 24417/24450 $ 7,990.00
11 1 1972 Ford Model 700 Garbage Truck 14,539.86
Total Sanitation Department $ 22,529.86V
I
Grand Total $ 25,711.76 $ 5,022.00
II
II 12
I
I/ CITY OF FRIENDSWOOD, TEXAS
SOCIAL SECURITY FUND
BALANCE SHEET
ISEPTEMBER 30, 1972
ASSETS
Current Assets
Cash in Bank $ 3,324.28
Total Current Assets $ 3,324.28
Total Assets $ 3,324.28
I/
LIABILITIES AND RESERVES
i
Current Liabilities
Due to General Fund $ 1,752.28
Total Current Liabilities $ 1,752.28
Reserves
Social Security Fund Reserve 1,572.00
Total Liabilities and Reserves 3,324.28
I/
I
I
I
11
11
13
I
1:
CITY OF FRIENDSWOOD, TEXAS
CITY WATER AND SEWER SYSTEM
BALANCE SHEET
SEPTEMBER 30, 1972
I
ASSETS
Current Assets
Petty Cash $ 125.00
Cash on Hand and in Bank 28,467.99
Accounts Receivable
Water and Sewer Charges $ 12,604.29
Garbage Collection Charges 5,992.30
Other 94.36 18,690.95 10
Due from General Fund 22,529.86
Utility Deposit 15.00
Total Current Assets $ 69,828.80
Utility Fixed Assets
Schedule Attached 2,025,715.03
Fund Accounts 11
Water and Sewer System Construction Fund
Cash in Bank $241,946.60
Deferred Charges (Engineering Fees) 19,455.29 $261,401.89 11
Interest and Sinking Fund
Cash in Bank $ 52,685.43
Taxes Receivable
1971 Tax Levy $ 546.93
1970 Tax Levy 423.92
1969 Tax Levy 194.09
1968 Tax Levy 199.99
11
1967 Tax Levy 154.78
1966 Tax Levy 157.83 1,677.54 54,362.97
Bond Reserve Account11
Cash in Bank 23,458.87
Total Fund Accounts 339,223.73
11
Total Assets $2,434,767.56 11
1:
14
I
I
11
LIABILITIES, RESERVES AND SURPLUS
Current Liabilities
Accounts Payable $ 2,165.01
Garbage Collection Charges Due to General Fund 5,992.30
Contracts Awarded - Capital Outlay 10,022.74
Customers' Meter Deposits 1,783.25
11 Total Current Liabilities $ 19,963.30
Fund Account Current Liabilities
Construction Fund
11 Due to Federal Agencies (HUD) $ 19,455.29
Reserve for Authorized Expenditures 241,946.60 $ 261,401.89
Interest and Sinking Fund
Accrued Bond Interest Payable $ 6,349.23
Accrued Bond Principal 14,583.35 20,932.58 282,334.47
Bonds Payable
Total Bonds Payable $1,417,000.00
Less : Accrued Principal Classified as
Current Liability 14,583.35
Total Bonds Payable (Non-Current Portion) 1,402,416.65
Reserves
111 For Depreciation $ 190,483.34
For Retirement of Sinking Fund Bonds 71,472.61
Total Reserves 261,955.95
Contributions
By Land Owners $ 11 767.87
By Federal Agencies 292,934.88
Total Contributions 304,702.75
Surplus
Arising from Bonds Retired $ 79,000.00
Arising from Revenues of Maintenance and
Operating Fund Invested in Fixed Assets 208,833.79
Arising from Interest Earned on Bond Funds 16,178.49
$ 304,012.28
Unappropriated Surplus (140,617.84)
Total Surplus 163,394.44 .
11
Total Liabilities, Reserves and Surplus $2,434,767.56
I
15
I
11
II CITY OF FRIENDSWOOD, TEXAS
ANNEXED WATER DISTRICT (WCID #21) SYSTEM
BALANCE SHEET
SEPTEMBER 30, 1972
II
ASSETS
ICurrent Assets
Cash in Bank $ 7,398.50
Accounts Receivable
II Water and Sewer Charges 5,658.27
Total Current Assets $ 13,056.77
11 Utility Fixed Assets
Schedule Attached 610,914.30
1/ Fund Accounts
Interest and Sinking Fund
Cash in Bank $ 6,662.73
Taxes Receivable
11 1971 Tax Levy 50.16
Total Fund Accounts 6,712.89
IITotal Assets $630,683.96
IILIABILITIES, RESERVES AND SURPLUS
Current Liabilities
II None
Fund Account Current Liabilities
Interest and Sinking Fund
S Accrued Bond Interest Payable $ 4,916.67
At Accrued Bond Principal Payable 1,666.67 $ 6,583.34
I Bonds Payable
Total Bonds Payable $590,000.00
Less: Accrued Liability Classified as
11 Current Liability 1,666.67
Total Bonds Payable (Non-Current Portion) 588,333.33
Reserves
11 For Depreciation $ 48,273.77
For Retirement of Sinking Fund Bonds 1,796.22 50,069.99
II Surplus
Arising from Bonds Retired $ 10,000.00
Arising from Revenues of Maintenance and
Operating Fund Invested in Fixed Assets 10,914.30
IIUnappropriated Surplus (35,217.00) (14,302.70)
Total Liabilities, Reserves and Surplus $630,683.96
Ir 16
I
CITY OF FRIENDSWOOD, TEXAS
WATER AND SEWER SYSTEMS
ANALYSIS OF CHANGES IN SURPLUS
OCTOBER 1 , 1971 to SEPTEMBER 30, 1972
I
City Annexed
I Total Water and Sewer Water District
Fund Fund
11 Balance - October 1, 1971 $116,239.43 $141,673.32 $(25,433.89)
Additions
411 Excess of Revenues over Operating
Expenses $115,939.88 $102,657.85 $ 13,282.03
Bonds Retired 30,000.00 20,000.00 10,000.00
Total Additions $145,939.88 $122,657.85 $ 23,282.03
$262,179.31 $264,331.17 $ (2,151.86)
I/ Deductions
Provision for Depreciation $ 53,087.57 $ 40,936.73 $ 12,150.84
Transfer to Interest and Sinking
Fund 54,000.00 54,000.00
Transfer to Bond Reserve
Account 6,000.00 6,000.00
Total Deductions $113,087.57 $100,936.73 $ 12,150.84
11 Balance - September 30, 1972 $149,091.74 $163,394.44 $(14,302.70)
I
I
I
I
I
17
I
I
CITY OF FRIENDSWOOD, TEXAS
I WATER AND SEWER SYSTEMS
STATEMENT OF INCOME AND EXPENSES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1972
$ Annexed District
City (WCID #21)
Total System System
II Operating Revenues
Water and Sewer Service Charges $191,534.48 $129,655.35 $ 61,879.13
Adjustment for Sewer Treatment Charges 20,406.00 (20,406.00)
II Sewer Treatment Charge - WCID #108 2,021.32 2,021.32
Reconnect Fees 389.00 202.50 186.50
Tap Fees 23,134.00 22,534.00 600.00
I Miscellaneous Income 213.61 166.36 47.25
Total Operating Revenue $217,292.41 $174,985.53 $ 42,306.88
Less: Operating Deductions
1/ Salaries and Wages $ 43,487.00
Payroll Taxes 2,150.15
Employee Benefits 945.05
11 Plant Operations
Water 1,598.12
Sewer 5,407.09
II µ Plant Repairs
Water 4,516.14
Sewer 1,082.60
Line Repairs
II Water 985.64
Sewer 1,429.63
Taps
11 Water 10,156.90
Sewer 3,193.00
Meter Maintenance 1,728.77
A Equipment Maintenance 1,498.00
Truck Expense
Fuel 742.07
Maintenance 476.87
I Laboratory Expenses 350.97
Utilities
Office 1,908.08
11 Laboratory 327.11
Water 5,285.80
Sewer 6,099.80
I Office and General Administrative Expenses 2,839.81
Insurance and Bonds
Workmens Comp. and General Liability 1,057.47
Fire and Extended Coverage-Building 373.49
II Equipment 455.00
Other 5.00
Auditing Expense 1,847.27
11 Legal Expense 1,200.00
Miscellaneous Expense 205.70
Total Operating Deductions $101,352.53 $ 72,327.68 $ 29,024.85
1! Income Available for Debt Service $115,939.88 $102,657.85 $ 13,282.03
18
I/
11
CITY OF FRIENDSWOOD, TEXAS
IICITY WATER AND SEWER SYSTEM
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT
as of SEPTEMBER 30, 1972
II
Balance Balance
II10-1-71 Additions Deletions 9-30-72
Land $ 38,229.10 $ 38,229.10
11 Total Land $ 38,229.10 $ 38,229.10
Structures and Improvements
Water Plants $ 155,885.93 $ 210.00 $ 156,095.93
11 Water Distribution System 325,511.35 9,482.43 334,993.78
Sewage Collection System 958,868.53 6,634.41 965,502.94
Ground Storage Tank 71,416.61 71,416.61
I Sewage Disposal Plant 405,055.57 1,020.32 406,075.89
Laboratory 7,054.44 7,054.44
Warehouse Building 6,225.00 6,225.00
Total Structures and Improvements $1,930,017.43 $1,947,364.59
11
Construction in Progress
Total Construction in Progress $ 0.00 19,235.04 $ 19,235.04
I Other
Office Furniture and Equipment $ 5,388.88 $ 5,388.88
II Machinery and Equipment
Trucks 7,650.86 7,650.86
Radio Equipment 1,911.51 1,911.51
Tools 1,453.18 1,453.18
IIBackhoe 6,200.00 6,200.00
Utility Pump 1,500.00 1,500.00
Miscellaneous 632.37 149.50 781.87
11
$ 24,736.80 $ 24,886.30
Less : Bonds Matured Prior to
Acquisition 4,000.00 4,000.00
IITotal Other $ 20,736.80 $ 20,886.30
Total Property, Plant and Equipment $1,988,983.33 $ 36,731.70 $2,025,715.03
11 Source of Funds
From Bonds Assumed $ 596,000.00
From General Obligation Bonds Issued 200,000.00
11 From Revenue Bonds Issued 700,000.00
From Interest Earned on Bond Funds 16,178.49
From Maintenance and Operating Funds 208,833.79
11 From Contributions by Land Owners 11,767.87
From Federal Agencies 292,934.88
Total $2,025,715.03
II
II19
I
II
II CITY OF FRIENDSWOOD, TEXAS
ANNEXED WATER DISTRICT (WCID #21) SYSTEM
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT
as of SEPTEMBER 30, 1972
II
1 Balance Balance
10-1-71 Additions Deletions 9-30-72
11 Structures and Improvements
Land, Water Well and Pumping
Facilities $ 61,194.52 $ 6,017.89 $ 67,212.41
Water Distribution 109,814.02 109,814.02
11 Sewage Collection System 230,517.87 230,517.87
Storm Sewer Facilities 203,370.00 203,370.00
ITotal Property, Plant and
Equipment $ 604,896.41 $ 6,017.89 $ 610,914.30
II
II Source of Funds
From Bonds Assumed $ 600,000.00
From Maintenance and Operating Account 10,914.30
IITotal $ 610,914.30
I/
I
I
I
I
1/
II
11
20
I
11
CITY OF FRIENDSWOOD, TEXAS
CITY WATER AND SEWER SYSTEM
CONSTRUCTION FUND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
I
Cash Balance - October 1, 1971 $ 0.00
Receipts
Construction Funds - Harris County
Water Control and Improvement
District No. 108 $239,000.00
Interest Earned on Certificates of Deposit 2,946.60
I/ Total Receipts 241 946.60
Total to be Accounted For $241,946.60
I/
Disbursements
None 0.00
11 Cash Balance - September 30, 1972 $241,946.60
I/
I
I
11
It
21
II
11
CITY OF FRIENDSWOOD, TEXAS
STATEMENT OF COMBINED CASH RECEIPTS AND DISBURSEMENTSII
INTEREST AND SINKING FUNDS
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
City Water and
1957 1962 11
Total Series Series
Cash Balance - October 1, 1971 $ 48,101.47 $ 374.44 $ 956.05
Receipts
1971 Tax Levy 411
38% - City Levy $ 64,425.16 $ 1,587.75 $ 7,938.77 ili
38% - WCID #21 Levy 23,080.29
1970 Tax Levy 1,136.19 22.72 124.98
1969 Tax Levy 224.15 7.85 10.09
1968 Tax Levy 109.88 2.41 11.24
1967 Tax Levy 401.74 1.01 3.03
1966 Tax Levy 22.14 1.02 3.64 If
1964 Tax Levy 19.80 1.36 4.55
1963 and Prior Years 149.30 10.46 34.33
Penalty and Interest 614.53 17.45 87.26
Transfer from Water and
Sewer Operating Fund 54,000.00 /
Interest on Time Deposits 3,948.26 43.45 173.72
II
Total Receipts $148,131.44 $ 1,695.48 $ 8,391.61
Total to be Accounted For $196,232.91 $ 2,069.92 $ 9,347.66il
Disbursements
Debt Service
Interest Paid $106,727.50 $ 17450.00 $ 6,750.00 II
Bonds Retired 30,000.00
Fees 157.25 ill
Total Disbursements $136,884.75 $ 1,450.00 $ 6,750.00
I/
Cash Balance - September 30, 1972 $ 59,348.16 $ 619.92 $ 2,597.66
II
11
11
22 II
I
I
I
I
II Sewer System 1963 1967 1969 1969 Annexed Water District System
1964
Series Series Refunding Revenue Series
I $ 4,664.51 $ 5 ,149.25 $ 2,487.67 $ 23,205.50 $ 11,264.05
I/ $ 12,437.41 $ 15,083.67 $ 15,877.56 $ 11,500.00
23,080.29
I/ 272.69 363.58 352.22
62.76 70.61 72.84
17.57 14.40 24.65 39.61
I 4.98 5.85 6.80 380.07
5.72 6.96 4.80
4.55 9.34
32.85 71.66
I136.72 165.80 174.54 32.76
$ 54,000.00
11 469.84 548.81 580.39 1,685.90 446.15
$ 13,445.09 $ 16,252.72 $ 17,176.96 $ 55 ,685.90 $ 35,483.68
I $ 18,109.60 $ 21,401.97 $ 19,664.63 $ 78,891.40 $ 46,747.73
II $ 6,002.50 $ 8,125.00 $ 10,900.00 $ 43,500.00 $ 30,000.00
5,000.00 5,000.00 10,000.00 10,000.00
I72.25 85.00
$ 11,002.50 $ 13,125.00 $ 10,900.00 $ 53,572.25 $ 40,085.00
1
$ 7,107.10 $ 8,276.97 $ 8,764.63 $ 25,319.15 $ 6,662.73
I
I
I
23
1
I
CITY OF FRIENDSWOOD, TEXAS
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BOND RESERVE ACCOUNT
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
City Water and Sewer System
1957 & 1958 1969 Revenue
Total Series Series
Cash Balance - October 1, 1971 $ 16,613.65 $ 6,113.65 $ 10,500.00
Receipts
Interest Earned 845.22 312.73 532.49
Transfer from Water and Sewer
Operating Fund 6,000.00 6,000.00
Total to be Accounted For $ 23,458.87 $ 6,426.38 $ 17,032.49
Disbursements
None
Cash Balance - September 30, 1972 $ 23,458.87 $ 6,426.38 $ 17,032.49
Ir
I
1
11
I
24
I/
II
CITY OF FRIENDSWOOD, TEXAS
STATEMENT OF BOND MATURITIES AND INTEREST REQUIREMENTS 11
WATER AND SEWER SYSTEM
CITY SYSTEM WCID # 21 I
GENERAL COMBINATION COMBINATION
OBLIGATION TAX & REVENUE REVENUE TAX & REVENUE
FISCAL BOND BOND BOND BOND TOTAL BOND II
YEAR MATURITIES MATURITIES MATURITIES MATURITIES MATURITIES
1972 - 1973 $ 15,000.00 $ 10,000.00 $ 10,000.00 $ 35,000.00 1
1973 - 1974 15,000.00 10,000.00 10,000.00 35,000.00
1974 - 1975 22,000.00 $ 1,000.00 10,000.00 10,000.00 43,000.00
1975 - 1976 23,000.00 6,000.00 15,000.00 10,000.00 54,000.001:
1976 - 1977 16,000.00 15,000.00 15,000.00 46,000.00
1977 - 1978 21,000.00 2,000.00 15,000.00 15,000.00 53,000.00
1978 - 1979 21,000.00 6,000.00 15,000.00 15 ,000.00 57,000.00
1979 - 1980 26,000.00 6,000.00 15,000.00 15,000.00 62,000.00 II
1980 - 1981 32,000.00 8,000.00 15,000.00 15,000.00 70,000.00
1981 - 1982 32,000.00 20,000.00 20,000.00 72,000.00
1982 - 1983 32,000.00 20,000.00 20,000.00 72,000.00II
1983 - 1984 32,000.00 20,000.00 20,000.00 72,000.00
1984 - 1985 32,000.00 20,000.00 20,000.00 72,000.00
1985 - 1986 38,000.00 20,000.00 20,000.00 78,000.00
1986 - 1987 38,000.00 25,000.00 25,000.00 88,000.00
1987 - 1988 39,000.00 25,000.00 25,000.00 89,000.00
1988 - 1989 25,000.00 25,000.00 25,000.00 75,000.00
1989 - 1990 25,000.00 30,000.00 25,000.00 80,000.00 II
1990 - 1991 25,000.00 30,000.00 25,000.00 80,000.00
1991 - 1992 24,000.00 35,000.00 30,000.00 89,000.00
1992 - 1993 20,000.00 35,000.00 30,000.00 85,000.0011
1993 - 1994 35,000.00 30,000.00 65,000.00
1994 - 1995 30,000.00 40,000.00 30,000.00 100,000.00
1995 - 1996 30,000.00 40,000.00 30,000.00 100,000.00I/
1996 - 1997 30,000.00 45,000.00 30,000.00 105,000.00
1997 - 1998 35,000.00 50,000.00 35,000.00 120,000.00
1998 - 1999 25,000.00 50,000.00 35,000.00 110,000.00
II
$ 703,000.00 $ 29,000.00 $685,000.00 $590,000.00 $2,007,000.00
I/
II
I
25 11
I
I
I
IINTEREST
CITY SYSTEM WCID # 21 TOTAL
I GENERAL COMBINATION COMBINATION PRINCIPAL
OBLIGATION TAX & REVENUE REVENUE TAX & REVENUE TOTAL BOND AND
BONDS BONDS BONDS BONDS INTEREST INTEREST
II $ 31,227.50 $ 1,450.00 $ 42,850.00 $ 29,500.00 $ 105,027.50 $ 140,027„50
30,552.50 1,450.00 42,200.00 29,000.00 103,202.50 138,202.50
29,747.50 1,425.00 41,550.00 28,500.00 101,222.50 144,222.50
I 28,795.00 1,250.00 40,737.50 28,000.00 98,782.50 152,782.50
28,000.00 1,100.00 39,762.50 27,500.00 96,362.50 142,362.50
27,255.00 1,050.00 38,787.50 26,750.00 93,842.50 146,842.50
I 26,362.50 25,322.50 850.00 37,812.50 26,000.00 91,025.00 148,025.00
550.00 36,837.50 25,250.00 87,960.00 149,960.00
24,026.25 200.00 35,862.50 24,500.00 84,588.75 154,588.75
22,598.75 34,725.00 23,750.00 81,073.75 153,073.75
II21,171.25 33,425.00 22,750.00 77,346.25 149,346.25
19,743.75 32,125.00 21,750.00 73,618.75 145,618.75
18,316.25 30,825.00 20,750.00 69,891.25 141,891.25
I 16,742.50 29,525.00 19,750.00 66,017.50 144,017.50
15,022.50 28,062.50 18,750.00 61,835.00 149,835.00
13,281.25 26,437.50 17,500.00 57,218.75 146,218.75
II 11,812.50 10,637.50 24,812.50 16,250.00 52,875.00 127,875.00
23,025.00 15,000.00 48,662.50 128,662.50
9,462.50 21,131.28 13,750.00 44,343.78 124,343.78
8,312.50 19,140.66 12,500.00 39,953.16 128,953.16
II 7,250.00 16,996.91 11,000.00 35,246.91 120,246.91
6,750.00 14,853.16 9,500.00 31,103.16 96,103.16
6,075.00 12,556.29 8,000.00 26,631.29 126,631.29
11 4,725.00 10,106.29 6,500.00 21,331.29 121,331.29
3,375.00 7,503.17 5,000.00 15,878.17 120,878.17
1,912.50 4,593.80 3,500.00 10,006.30 130,006.30
II562.50 1,531.30 1,750.00 3,843.80 113,843.80
$449,040.00 $ 9,325.00 $727,775.36 $492,750.00 $1,678,890.36 $3,685,890.36
II
I
II
11 26
I/
II
CITY OF FRIENDSWOOD, TEXAS
WATER AND SEWER SYSTEMII
BOND REQUIREMENTS COMPARED WITH ACTUAL
SEPTEMBER 30, 1972
II
CITY WATER AND SEWER SYSTEM NEXT MATURITY
ISSUE DATE PRINCIPAL INTEREST
II
Galveston County WCID #15
Combination Revenue and Tax Bonds 3-1-73 $ 725.00 II
Series 1957 $ 0.00
Galveston County WCID #15
11
Unlimited Tax Bonds 3-1-73 3,375.00
Series 1962 0.00
Galveston County WCID #15
Unlimited Tax Bonds 3-1-73 2,957.50
Series 1963 3-1-73 5,000.00
II
City of Friendswood, Texas
Sewer Improvement Bonds 3-1-73 4,000.00
Series 1967 3-1-73 5,000.00
II
City of Friendswood, Texas
General Obligation Refunding Bonds 3-1-73 5,450.00
Series 1969 3-1-73 5,000.00
City of Friendswood, Texas
Waterworks and Sanitary Sewer SystemII
Revenue Bonds 3-1-73 21,587.86
Series 1969 3-1-73 10,000.00
I
Total City Water and Sewer System
ANNEXED WATER DISTRICT SYSTEM I/
Galveston County WCID #21
Combination Tax and Revenue Bonds 2-1-73 14,750.00
Series 1964 8-1-73 10,000I/
Total Annexed Water District System I
Grand Total
111
*Payments to Reserve Fund began 1-10-70 at rate of
$500.00 per month until Reserve Fund reaches $50,000.00
27 II
1
II
1
II ACCRUED INTEREST AND ACCRUED RESERVE
PRINCIPAL REQUIREMENT REQUIREMENT
9-30-72 9-30-72 COMPARISON 9-30-72
IIBASIS AMOUNT AMOUNT REQUIREMENT AVAILABLE
II1/6 $ 120.83 $ 5,230.93 $ 5,351.76 $ 7,090.50
I/ 1/6 $ 562.50 562.50 2,826.87
II
1/6 $ 492.92
7/12 2,916.67
II $ 3,409.59 3,409.59 7,529.37
1/6 $ 666.67
II 7/12 2,916.67
$ 3,583.34 3,583.34 8,712.40
1 1/6 $ 908.33
7/12 2,916.67
$ 3,825.00 3,825.00 9,311.06
II1/6 $ 3,597.98
7/12 5,833.34
$ 9,431.32 16,500.00* 25,931.32 42,351.64
$ 20,932.58 $ 21,730.93 $ 42,663.51 $ 77,821.84
II
1/3 $ 4,916.67
II 1/6 1,666.67
$ 6,583.34 $ 6,583.34 $ 6,712.89
II $ 6,583.34 $ 6,583.34 $ 6,712.89
11 $ 27,515.92 $ 49,246.85 $ 84,534.73
11
I 28
I
1
CITY OF FRIENDSWOOD, TEXAS
II SCHEDULE OF GENERAL FIXED ASSETS
AS OF SEPTEMBER 30, 1972
IBalance Balance
10-1-71 Additions Deletions 9-30-72
IICity Hall
Building $ 76,500.00 $ 76,500.00
II Furniture, Fixtures and Office Equipment
File Cabinets $ 590.82 $ 215.00 $ 805.82
Furniture (Desks, Tables, Chairs) 2,178.74 218.55 2,397.29
I' Adding Machine 321.55 321.55
Typewriters 718.00 406.66 1,124.66
Mimeograph and Stand 730.00 730.00
Sony Tape Recorder and Stand 307.30 307.30
II Furnishings - Mayor's Office 842.80 842.80
Flag Set 79.00 79.00
Water Cooler 196.00 196.00
1 G.E. Vacuum Cleaner 37.50 37.50
Data Link Postage Dispenser 60.95 60.95
Apeco Roll-o-Matic Copier 1,227.45 1,227.45
II Apeco Laminator 445.50 445.50
Marchant 6161 Calculator 831.00 831.00
RCA Used Mobile Radio 400.00 400.00
Bogen MO-100 Amplifier 125.00 125.00
I/ Total Office Equipment $ 9,091.61 $ 9,931.82
Police Department
I
1957 Chevrolet i Ton Pickup $ 120.00 $ 120.00
Radio Equipment 4,681.94 634.65 $ 67.82 5,248.77
Radar Unit 1,232.85 325.00 732.85 825.00
II Miscellaneous Other Equipment 310.40 310.40
Office Furniture and Equipment 591.18 601.82 60.18 1,132.82
1970 Plymouth Police Car 2,893.60 2,893.60
1971 Dodge Polara Police Car 2,755.00 2,755.00
IITotal Police Department $ 12,584.97 $ 13,285.59
Streets and Bridges
II Street Improvement $
28.80 28.80
Street Signs 4,895.49 $ 4,895.49
Right-O-Way 9,971.50 9,971.50
II Castlewood Bridge 5,100.71 5,100.71
Equipment
International Tractor with
Mower 3,302.00 3,302.00
II 1967 Ford 2 Ton Dump Truck 3,979.32 3,979.32
Used Caterpillar Grader 9,200.00 9,200.00
1968 Ford i Ton Pickup Truck 1,822.00 1,822.00
11 Miscellaneous Other Equipment Rotary Cutter 810.85 286.47 179.95 917.37
565.00 565.00
Pneumatic Roller 500.00 500.00
11 Radio Equipment (Truck) 840.53 840.53
29
1
1
1 SCHEDULE OF GENERAL FIXED ASSETS
- continued -
II Balance Balance
10-1-71 Additions Deletions 9-30-72
IIStreets and Bridges - continued
Ferguson 2-3 Ton Roller $ 1,950.00 $ 1,950.00
1 1953 Studebaker Cargo Truck with
2,000 gallon Water Tank 792.29 792.29
Used International Tractor 704.96 704.96
Used Gradall 12,000.00 12,000.00
1 1971 Ford i Ton Pickup Truck 2,890.97 2,890.97
Tool Box for Ford Pickup 109.59 109.59
1964 International 3 Ton Dump
II Truck 2,405.50 2,405.50
International Harvester Tractor 77.30 77.30
Equipment Warehouse 650.84 650.84
IITotal Streets and Bridges $ 62,597.65 $ 62,675.37
Library
Library Site $ 7,838.00 $ 7,838.00
II Library Building 123,065.71 123,065.71
Library Parking Lot 1,433.24 1,433.24
Furniture and Equipment 9,468.13 493.75 9,961.88
II Books 3,441.15 3,441.15
Total Library $145,246.23 $145,739.98
1 Civil Defense
Generators (6) $ 792.00 $ 792.00
Semi-Van Type Trailer 300.00 300.00
Bell and Howell Film Projector 545.00 545.00
11 Civil Defense Antenna 81.20 81.20
Total Civil Defense $ 1,718.20 $ 1,718.20
II Parks
Park Site (8.38 Acres) $ 30,524.52 $ 30,524.52
Park Site (10 Acres) 20,160.00 20,160.00
I
Total Parks $ 50,684.52 $ 50,684.52
Sanitation
34 Special Containers 7,990.00 $ 7,990.00
II 1972 Ford Garbage Truck 14,539.86 14,539.86
Total Sanitation $ 22,529.86
I Other
1965 Ford Sedan $ 2,487.42 $ 2,487.42
Jail Bunks 492.49 492.49
Dog Pound 3,374.15 3,374.15
11 Mosquito Control Equipment 482.21 482.21
Total Other $ 6,836,27 $ 6,836.27
II Total General Fixed Assets $365,259.45 $ 25,711.76 $ 1,069.60 $389,901.61
30
SCHEDULE OF GENERAL FIXED ASSETS
- continued -
II Balance Balance
10-1-71 Additions Deletions 9-30-72
Source of Funds
From Revenues Invested in Fixed Assets $111,104.00
' From Contributions 72,040.77
From Federal Funds 110,867.51
From State Funds 50,000.00
From Moody Foundation 37,500.00
From Galveston County Funds 8,389.33
Total $389,901.61
1
1
1
I
I
1
1
11 31
II
11
CITY OF FRIENDSWOOD, TEXAS
COMBINED BALANCE SHEET - ALL FUNDS11
AS OF SEPTEMBER 30, 1972
Combined II
All General
Funds Fund
11
ASSETS AND OTHER DEBITS
Assets - Other than Fixed
Petty Cash $ 300.00 $ 175.00
Cash on Hand - Undeposited Revenues 121.15 104.00
Cash in Bank 62,600.25 23,426.63
Taxes Receivable 3,403.00 3,403.00
Less : Reserve for Uncollected Taxes (3,403.00) (3,403.00)
Accounts Receivable 24,797.67 448.45
Due from General Fund 22,529.86
II
Due from City Water and Sewer Fund 5,992.30 5,992.30
Due from Social Security Fund 1,752.28 1,752.28
Utility Deposits 15.00II
Fund Accounts
Water and Sewer Construction Fund
Cash in Bank 241,946.60
Deferred Charges (Engineering Fees) 19,455.29 II
Interest and Sinking Fund
Cash in Bank 59,348.16
Taxes Receivable 1,727.70II
Bond Reserve Account
Cash in Bank 23,458.87
Total Assets - Other than Fixed $ 464,045.13 $ 31,898.66 1
Fixed Assets
Land $ 96,751.62
II
Structures and Improvements 2,797,166.05
Machinery and Equipment 99,924.71
Furniture, Fixtures, Office Equipment 13,453.52
Construction in Progress 19,235 .04II
Total Fixed Assets $3,026,530.94
Less: Allowance for Depreciation 238,757.11
Net Fixed Assets $2,787,773.83II
Grand Total $3,251,818.96 $ 31,898.66 II
11
32 11
II
1
II
1 Social City Annexed General
Security Water and Sewer Water District Fixed
IIFund Fund Fund Assets
II
$ 125.00
17.15
II $ 3,324.28 28,450.84 $ 7,398.50
II 18,690.95 5,658.27
22,529.86
I 15.00
II 241,946.60
19,455.29
II 52,685.43 6,662.73
1,677.54 50.16
23,458.87
II $ 3,324.28 $ 409,052.53 $ 19,769.66
11 $ 38,229.10 $ 58,522.52
1,947,364.59 $ 610,914.30 238,887.16
18,497.42 81,427.29
II 2,388.88 11,064.64
19,235.04
$2,025,715.03 $ 610,914.30 $ 389,901.61
190,483.34 48,273.77
1 $1,835,231.69 $ 562,640.53 $ 389,901.61
II $ 3,324.28 $2,244,284.22 $ 582,410.19 $ 389,901.61
II
11 33
II
II
CITY OF FRIENDSWOOD, TEXAS
COMBINED BALANCE SHEET - ALL FUNDSII
AS OF SEPTEMBER 30, 1972
Combined II
All General
Funds Fund
II
LIABILITIES, RESERVES AND SURPLUS
Liabilities - Other than Long-TermII
Accounts Payable $ 5,559.83 $ 3,394.82
Contracts Awarded - Capital Outlay 10,022.74
State Taxes Payable 47.50 47.50 II
Customers' Meter Deposits 1,783.25
Due to General Fund 7,744.58
Due to City Water and Sewer Fund 22,529.86 22,529.86
Due to Federal Agencies (HUD) 19,455.29 II
Accrued Bond Interest Payable 11,265.90
Accrued Bond Principal Payable 16,250.02
Grant Funds Encumbered - Library 1,610.67 1,610.67II
Sales Tax Funds Encumbered - Parks
and Recreation 4,276.87 4,276.87
Total Liabilities - Other than Long-Term $ 100,546.51 $ 31,859.72 1
Long-Term Liabilities
Total Bonds Payable $2,007,000.00
Less : Accrued Principal Classified as
II
Current Liability 16,250.02
Total Long-Term Liabilities $1,990,749.98
Total Liabilities $2,091,296.49 $ 31,859.72 II
Other Credits II
Reserve for Authorized Expenditures -
Construction $ 241,946.60
Reserve for Retirement of Sinking IIFund Bonds 73,268.83
Social Security Fund Reserve 1,572.00
Contributions
By Land Owners 11,767.87II
By Federal Agencies 403,802.39
Total Other Credits $ 732,357.69
Surplus II
Arising from Bonds Retired $ 89,000.00
Arising from Revenues Invested in '
Fixed Assets 347,030.58
Arising from Contributions 167,930.10
Unappropriated Surplus (175,795.90) $ 38.94
Total Surplus $ 428,164.78 $ 38.94II
Grand Total $3,251,818.96 $ 31,898.66 II
34
II
II
I
IISocial City Annexed General
Security Water and Sewer Water District Fixed
II
Fund Fund Fund Assets
II
$ 2,165.01
10,022.74
II 1,783.25
$ 1,752.28 5,992.30
II 19,455.29
6,349.23 $ 4,916.67
II
14,583.35 1,666.67
II $ 1,752.28 $ 60,351.17 $ 6,583.34
1 $1,417,000.00 $ 590,000.00
14,583.35 1,666.67
$1,402,416.65 $ 588,333.33
$ 1,752.28 $1,462,767.82 $ 594,916.67
1
$ 241,946.60
1 71,472.61 $ 1,796.22
$ 1,572.00
II
11,767.87
292,934.88 $ 110,867.51
$ 1,572.00 $ 618,121.96 $ 1,796.22 $ 110,867.51
II
$ 79,000.00 $ 10,000.00
II225,012.28 10,914.30 $ 111,104.00
167,930.10
(140,617.84) (35,217.00)
II $ 163,394.44 $ (14,302.70) $ 279,034.10
II $ 3,324.28 $2,244,284.22 $ 582,410.19 $ 389,901.61
35
II
1
1 CITY OF FRIENDSWOOD, TEXAS
COMPARISON OF BUDGET WITH ACTUAL RECEIPTS AND DISBURSEMENTS
GENERAL FUND
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
I
Actual Budget
IReceipts
Ad Valorem Taxes $147,288.86 $135,815 .00
11 Fines and Fees 15,310.94 10,200.00
Franchise and Gross Receipts Tax 21,655.49 20,000.00
Inspection Permits and Licenses 18,727.47 12,600.00
City Sales Tax 26,365.43 20,000.00
II Sanitation 11,513.30
Interest Earned 2,642.72 1,000.00
Miscellaneous 473.18 1,000.00
11 Carry-over from 1971 48,819.25 51,333.00
Utility Insurance Costs 1,800.00
Total Receipts $292,796.64 $253,748.00
II Operating Expense
General and Administrative $ 64,725.40 $ 59,339.00
Police Department 65,103.99 57,552.00
II Streets and Drainage 75,168.06
15,484.38 66,720.00
Library 15,352.00
Fire Department 10,285.64 11,200.00
II Health, Welfare and Recreation 13,451.62 15,891.00
Sanitation 4,940.06
Engineering 13,157.06 14,189.00
Municipal Court 2,945.40 2,284.00
1 Planning Commission 35.00
Drainage -Board 18.00 150.00
Total Operating Expense $265,279.61 $242,712.00
IIExcess Receipts over Operating Expense $ 27,517.03 $ 11,036.00
IICapital Outlay 25,711.76 5,022.00
Balance of Excess Funds $ 1,805.27 $ 6,014.00
11 Other
Budget Adjustment Account $ 6,014.00
Increase in Reserve for Encumbered Accounts
I as of 9-30-72 $ 1,766.33
Grant Funds (Library) $ (493.75)
Sales Tax (Parks and Recreation) 2,260.08
IITotal Other $ 1,766.33 $ 6,014.00
Surplus - September 30, 1972 $ 38.94 $ 0.00
II
1 36
1
II
1 CITY OF FRIENDSWOOD, TEXAS
COMPARISON OF BUDGET WITH ACTUAL INCOME AND EXPENSES
WATER AND SEWER SYSTEMS
OCTOBER 1, 1971 to SEPTEMBER 30, 1972
II
Actual Budget
ICarryover from Prior Years $ 49,731.00
Income
I Revenue - Water and Sewer Service Charges Reconnect Fees $193,555.80 $173,000.00
389.00 200.00
Tap Fees 23,134.00 16,000.00
Miscellaneous Income 213.61
I
Total Income $217,292.41 $189,200.00
$217,292.41 $238,931.00
Operating Expenses
1 Salaries and Wages $ 43,487.00 $ 43,727.00
Payroll Taxes 2,150.15 2,199.00
Employee Benefits 945.05 1,301.00
II Plant Operations
Water 1,598.12 2,000.00
Sewer 5,407.09 5,500.00
Plant Repairs
II Water 4,516.14 3,000.00
Sewer 1,082.60 4,000.00
Line Repairs
1 Water 985.64
1,429.63 2,000.00
Sewer 2,300.00
Taps
II Water 10,156.90 10,000.00
Sewer 3,193.00 5,000.00
Meter Maintenance 1,728.77
Equipment Maintenance 1,498.00 750.00
II Truck Expense 1,218.94 1,300.00
Laboratory 350.97 500.00
Utilities 13,620.79 13,550.00
I
Office and General Administrative Expenses 2,839.81 3,000.00
Insurance and Bonds 1,890.96 1,800.00
Auditing Expense 1,847.27 2,000.00
II Legal Expense 1,200.00 1,200.00
Engineering Expense 1,200.00
Miscellaneous 205.70 200.00
Total Operating Expenses $101,352.53 $106,527.00
IIIncome Available for Debt Service $115,939.88 $132,404.00
II Other Disbursements
Capital Outlay $ 42,749.59 $ 31,429.00
Transfer to Interest and Sinking Fund 54,000.00 53,500.00
Transfer to Bond Reserve 6,000.00 6,000.00
II Reserve Fund 41,475.00
Total Other Disbursements $102,749.59 $132,404.00
1 Balance $ 13,190.29 $ 0.00
37
II
II
II CITY OF FRIENDSWOOD, TEXAS
STATEMENT OF BONDS PAYABLE
SEPTEMBER 30, 1972
II
Amount Maturity
I of Interest Bonds
Name of Issue Issue Date Rate Amount Outstanding
IIWATER AND SEWER SYSTEM
Galveston County Water Control
& Improvement District #15 Com-
bination Revenue and Unlimited Tax
Bonds dated July 1, 1957
Bonds assumed under City Ordinance
II #51A as of 12-1-64 $246,000 $ 29,000.00
Bonds Maturing March 1, 1976 and 3-1-75 5.00% $ 1,000
I
thereafter, are redeemable in whole 3-1-76 5 .00 6,000
or in part in inverse numerical 3-1-78 5.00 2,000
order, on March 1, 1975 or any 3-1-79 5.00 6,000
interest payment date thereafter 3-1-80 5.00 6,000
IIat par and accrued interest. 3-1-81 5.00 8,000
I Galveston County Water Control
& Improvement District #15
Unlimited Tax Bonds dated October
II 1, 1962
Bonds assumed under City Ordinance
#51A as of 12-1-64 $150,000 150,000.00
3-1-95 4.50% 30,000
Bonds are optional on March 1, 3-1-96 4.50 30,000
1981 or on any interest payment 3-1-97 4.50 30,000
date thereafter at par and accrued 3-1-98 4.50 35,000
IIinterest . 3-1-99 4.50 25,000
II Galveston County Water Control
& Improvement District #15
Unlimited Tax Bonds dated
October 1, 1963
II Bonds assumed under City Ordinance
#51A as of 12-1-64 $175,000 145,000.00
3-1-73 3.50% 5,000
II Bonds Maturing March 1, 1982 and 3-1-74 3.50 5,000
thereafter, are redeemable in whole 3-1-75 3.50 5,000
or in part, in inverse numerical 3-1-76 3.50 6,000
II order, on March 1, 1981 or any 3-1-77 3.50 6,000
interest payment date thereafter 3-1-78 3.50 6,000
at par and accrued interest. 3-1-79 4.25 6,000
3-1-80 4.25 6,000
11 3-1-81 4.25 7,000
38
11
11
STATEMENT OF BONDS PAYABLE
II
- continued -
II
3-1-82 4.25% $ 7,000
3-1-83 4.25 7,000
I
3-1-84 4.25 7,000
3-1-85 4.25 7,000
3-1-86 4.25 8,000
3-1-87 4.25 8,000
II3-1-88 4.25 9,000
3-1-89 4.25 10,000
3-1-90 4.25 10,000
11 3-1-91 4.25 10,000
3-1-92 4.25 10,000
ICity of Friendswood, Texas
Sewer Improvement Bonds
dated March 1, 1967 $200,000 $ 190,000.00
II
3-1-73 5.00% 5,000
Bonds Maturing March 1, 1983 3-1-74 5.00 5,000
and thereafter, are optional 3-1-75 4.10 10,000
II in whole or in part, on March 1, 3-1-76 4.10 10,000
1982 or any interest payment date 3-1-77 4.10 10,000
thereafter at par and accrued 3-1-78 4.10 10,000
II interest . 3-1-79 4.10 10,000
3-1-80 4.10 10,000
3-1-81 4.20 15,000
3-1-82 4.20 15,000
II 3-1-83 4.20 15,000
3-1-84 4.20 15,000
3-1-85 4.20 15,000
11 3-1-86 4.20 15,000
3-1-87 4.20 15,000
3-1-88 4.20 15,000
II
City of Friendswood, Texas
General Obligation Refunding Bonds
II dated March 1, 1969 $257,000 218,000.00
3-1-73 5.00% 5,000
Bonds Maturing March 1, 1985 3-1-74 5.00 5,000
II and thereafter, are optional 3-1-75 5 .00 7,000
in whole or in part , on March 1, 3-1-76 5.00 7,000
1984 or any interest payment date 3-1-78 5.00 5,000
II thereafter at par and accrued 3-1-79 5.00 5,000
interest . 3-1-80 5.00 10,000
3-1-81 5.00 10,000
3-1-82 5.00 10,000
11 3-1-83 5.00 10,000
3-1-84 5.00 10,000
3-1-85 5.00 10,000
11 39
1
11
IISTATEMENT OF BONDS PAYABLE
- continued -
II
3-1-86 5.00% $ 15,000
3-1-87 5.00 15,000
I 3-1-88 5.00 15,000
3-1-89 5.00 15,000
3-1-90 5.00 15,000
II 3-1-91 5.00 15,000
3-1-92 5.00 14,000
3-1-93 5.00 20,000
IICity of Friendswood, Texas
Waterworks and Sanitary Sewer System
I Revenue Bonds
dated May 1, 1969 $700,000 $ 685,000.00
3-1-73 6.50% 10,000
I/ Bonds Maturing March 1, 1988 3-1-74 6.50 10,000
and thereafter, are redeemable 3-1-75 6.50 10,000
in whole or in part, in inverse 3-1-76 6.50 15,000
numerical order, on March 1, 1987 3-1-77 6.50 15,000
I or any interest payment date 3-1-78 6.50 15,000
thereafter at par and accrued 3-1-79 6.50 15,000
interest. 3-1-80 6.50 15,000
11 3-1-81 6.50 15,000
3-1-82 6.50 20,000
3-1-83 6.50 20,000
3-1-84 6.50 20,000
II 3-1-85 6.50 20,000
3-1-86 6.50 20,000
3-1-87 6.50 25,000
II 3-1-88 6.50 25,000
3-1-89 6.50 25,000
3-1-90 6.50 30,000
II 3-1-91 6.125 30,000
3-1-92 6.125 35,000
3-1-93 6.125 35,000
3-1-94 6.125 35,000
II 3-1-95 6.125 40,000
3-1-96 6.125 40,000
3-1-97 6.125 45,000
II 3-1-98 6.125 50,000
3-1-99 6.125 50,000
Bonds Payable - CityWater and Sewer System $1,417,000.00
II
P y Y
II
II
40
II
STATEMENT OF BONDS PAYABLE
continued
I/
ANNEXED WATER DISTRICT SYSTEM
1
Galveston County Water Control
& Improvement District #21
II Waterworks and Sewer System
Combination Tax and Revenue Bonds
dated November 1, 1964
II Bonds assumed under City Ordinance
#117 as of 11-18-68 and approved
by Board of Directors of Galveston
II County WCID #21 at its final
meeting on 4-3-69 $600,000 $ 590,000.00
8-1-73 5.00% $ 10,000
Bonds Maturing August 1, 1980 8-1-74 5.00 10,000
11 and thereafter are redeemable in 8-1-75 3 .00 10,000
whole or in part, in inverse 8-1-76 5.00 10,000
numerical order on August 1, 1979, 8-1-77 5.00 15,000
II or any interest date thereafter 8-1-78 5.00 15,000
at the following redemption prices 8-1-79 5.00 15,000
and accrued interest : 8-1-80 5.00 15,000
11 on 8-1-79 @ 103 % 8-1-81 5.00 15,000
2-1-80 or 8-1-80 @ 102 %, 8-1-82 5 .00 20,000
2-1-81 or 8-1-81 @ 102 % 8-1-83 5.00 20,000
2-1-82 or 8-1-82 @ 101i% 8-1-84 5.00 20,000
II 2-1-83 or 8-1-83 @ 101 % 8-1-85 5.00 20,000
2-1-84 or 8-1-84 @ 100 % 8-1-86 5.00 20,000
2-1-85 or any interest payment 8-1-87 5.00 25,000
II date thereafter at par and 8-1-88 5.00 25,000
accrued interest. 8-1-89 5.00 25,000
8-1-90 5 .00 25,000
II 8-1-91 5.00 25,000
8-1-92 5.00 30,000
8-1-93 5.00 30,000
8-1-94 5.00 30,000
II 8-1-95 5.00 30,000
8-1-96 5.00 30,000
8-1-97 5.00 30,000
I 8-1-98 5.00 35,000
8-1-99 5.00 35,000
IIBonds Payable - Annexed Water District System $ 590,000.00
II
Total Bonds Payable $2,007,000.00
11
41
I
II
CITY OF FRIENDSWOOD, TEXAS
II SCHEDULE OF INSURANCE IN FORCE
OCTOBER 1, 1972
II
II Aetna Insurance Company
Bond Number 61S14217
Term January 25, 1972 to January 25, 1973
Kind Supervisors Bond - Drainage District
II Premium $18.00
Person Covered James 0. Nye
Amount of Coverage $5,000
IIBond Numbers 61S19325 ; 61S19326; 61S19327; 61S19328
Term January 11, 1971 to January 11, 1973
II Kind Supervisors Bonds - Drainage District
Premium $132.00
Persons Covered Leath North; William H. Taylor; Janice Taylor;
William L. Wiegal
IIAmount of Coverage $5,000 each
Bond Number 61S5979 BC
11 Term April 25, 1972 to April 25, 1973
Kind Tax Assessor - Collector's Bond
Premium $50.00
II Persons Covered Lawrence Bryan Cline
Amount of Coverage $10,000
Bond Number 61S22939
II Term May 16, 1972 to May 16, 1973
Kind Public Official Bond
Premium $50.00
11 Person Covered James C. Morgan
Amount of Coverage $10,000
IIWestern Surety Company
Bond Number 1245469
Term January 1, 1972 to December 31, 1972
II Kind Plumbing Inspector Bond
Premium $5.00
Person Covered Kenneth R. Toon (Principal)
IIAmount of Coverage $1,000
American and Foreign Insurance
II Company (Royal Globe)
Policy Number ALU 74 85 87
Term October 1, 1972 to October 1, 1973
II Kind Comprehensive General Liability Insurance
Premium $2,623.00 (Estimated)
Coverage Bodily Injury Liability
1 $100,000 each person
300,000 each occurrence
300,000 aggregate
42
I
I
SCHEDULE OF INSURANCE IN FORCE
- continued -
Property Damage Liability
Y g
$ 5,000 each occurrence
25,000 aggregate
American and Foreign Insurance
Company
Policy Number ACS 12 15 97
1 Term Kind October 1, 1972 to October 1, 1973
Workmen's Compensation and Employer's Liability
Premium $4,827.00 (Estimated)
Persons Covered Waterworks Operation; Sewage Disposal Plant
Operations; Street and Road Construction;
Municipal, County or State Employees engaged
in manual labor or supervisors of construction
work; Clerical Office Employees ; Policemen;
Mayor and City Councilmen rated as Municipal
Employees.
Amount of Coverage Bodily Injury
$100,000 each employee
100,000 each accident
Royal Indemnity Company
Bond Number 47-55-71
' Term Kind October 1, 1972 to October 1, 1973
Honesty Blanket Bond Coverage
Premium $85.00
Persons Covered City Employees
Amount of Coverage $10,000
Royal Indemnity Company
Policy Number RLU 74 85 86
Term October 1, 1972 to October 1, 1973
Kind Comprehensive Automobile Liability Insurance
Premium $2,663.00
Amount of Coverage Bodily Injury Liability
1968 Ford Ton Pickup Truck
I 1968 Ford Ton Pickup Truck
1966 Ford 1 Ton Stake Truck
1967 Ford 1 Ton Dump Truck
1965 Ford Sedan
1953 Studebaker 2i Ton Truck
1971 Ford i Ton Pickup Truck
1971 Ford i Ton Pickup Truck
1964 International Dump Truck
1957 Chevrolet Ton Pickup Truck
1972 Ford 2 Ton Truck with Packer - Garbage
43
SCHEDULE OF INSURANCE IN FORCE
- continued -
II
$100,000 each person
' 300,000 each occurrence
1971 Dodge Polara Police Car
1970 Plymouth Police Car
$ 10,000 each person
20,000 each occurrence
Property Damage Liability
1968 Ford Ton Pickup Truck
1968 Ford i Ton Pickup Truck
1966 Ford 1 Ton Stake Truck
1967 Ford 1 Ton Dump Truck
1965 Ford Sedan
1953 Studebaker 2i Ton Truck
1971 Ford Ton Pickup Truck
1971 Ford Ton Pickup Truck
1964 International Dump Truck
1957 Chevrolet Ton Pickup Truck
1972 Ford 2 Ton Truck with Packer - Garbage
$ 10,000 each occurrence
1971 Dodge Polara Police Car
1970 Plymouth Police Car
11 $ 5,000 each occurrence
Uninsured Motorists
$ 10,000 each person
20,000 each accident
Physical Damage
All automobiles listed above except 1953
Studebaker Truck and 1957 Chevrolet Ton
11 Pickup Truck
Collision - $100 Deductible
Fire, Theft and Combined Additional Coverage
All automobiles listed above except 1953
Studebaker Truck and 1957 Chevrolet Ton
Pickup Truck Actual Cash Value
Limitation of Use
All vehicle Coverages (Liability, Collision,
etc.) limited to a 50 mile radius with the
exception of
1971 Dodge Polara Police Car
1965 Ford Sedan
1953 Studebaker 2i Ton Pickup Truck
1970 Plymouth Fury Police Car
Royal Indemnity Company
Policy Number RQS 24 16 78
Term October 1, 1972 to October 1, 1973
Kind Contractors Equipment Coverage - All Risk Form
1 Premium $462.00
44
I
11
SCHEDULE OF INSURANCEIN FORCE
continued -
II
Coverage 1) Gradall Model 2460 ($16,000)
' Deductible - $320
2) Massey Front - End Loader ($ 3,600)
Deductible - $100
3) Huber Caterpillar Grader ($ 9,200)
' Deductible - $100
4) Ferguson 2 Ton Tandem Roller ($ 2,000)
Deductible - $100
i
United States Fidelity and Guaranty Company
Policy Number FB 72775
Term October 1, 1970 to October 1, 1973
Kind Fire, Lightning, Extended Coverage, Vandalism
and Malicious Mischief
Premium $2,223.00
Amount of Coverage 1) $94,500 (90% co-insurance)
All buildings including City Hall,
All Steel Water Tank and Tower,
Chlorination Building, Outside Electrical
Panel and Outside Site Improvements
2) $5,000 (80% co-insurance)
Contents, City Hall and Fire Department
3) $500 (80% co-insurance)
Contents Chlorination Building
I
American and Foreign Insurance Company
(Royal Globe)
Policy Number AKF 79 84 48
Term January 5, 1970 to January 5, 1973
Kind Fire, Lightning, Extended Coverage,
Vandalism and Malicious Mischief
Premium $463.00
Amount of Coverage 1) $105,000 (80% co-insurance)
Library Building at 416 N. Morningside
Drive, Friendswood, Texas
2) $25,000 (80% co-insurance)
Contents - Library Building
Aetna Life Insurance Company
Policy Number 103965 (Group Policy)
Effective Date July 29, 1968
Kind Group Life Insurance; Basic plus Major
Medical Plan Insurance
Persons Covered All Employees
Coverage Life Insurance
$ 2,000 Term Life Insurance
2,000 Accidental Death and Dismemberment
45
SCHEDULE OF INSURANCE IN FORCE
- continued -
I
Medical Insurance
$ 20 Hospital Room Daily Maximum
$20,000 Major Medical Maximum Benefits
($100.00 Deductible)
I
1
I
I
I
11
I
11 46
I
1
I
IIRatio of Delinquent Due to
Total Total Collections Taxes General Interest and
I
Collections to Tax Levy 9-30-72 Fund Sinking Fund
I $ 33,226.24 100.00% $ 0.00
82,289.56 100.00% 0.00
II
103,986.41 99.55% 469.70 $ 311.87 $ 157.83
II113,945.00 99.68% 368.45 213.67 154.78
124,332.57 99.54% 579.60 .' 379.61 199.99
II138,225.84 99.24% 1,054.70 860.61 194.09
153,991.50 99.30% 1,086.95 663.03 423.92
II
169,539.90 99.16% 1,439.30 892.37 546.93
II
II
$ 47,289.27 100.00% $ 0.00
II
55,232.06 100.00%
II60,783.38 100.00%
60,737.60 99.78%, 132.00 $ 81.84 $ 50.16
1
1
II
48
II
II
CITY OF FRIENDSWOOD, TEXAS
GENERAL FUND REVENUES OTHER THAN PROPERTY TAXES
1964 - 1972II
Fiscal Fines Franchise and Licenses City II
Year and Gross Receipts and Sanitation Sales
Ending Fees Taxes Permits Revenue Tax I
12-31-64 $ 4,238.00 $ 3,878.38 $ 9,046.97
12-31-65 4,427.00 5,192.19 3,907.48
12-31-66 3,501.50 6,944.87 3,640.34
II
12-31-67 3,568.50 8,357.39 11,796.89
9-30-68* 2,249.00 8,240.98 14,677.31
9-30-69 3,278.50 14,408.95 14,539.49II
9-30-70 5,821.50 16,390.77 8,884.61
9-30-71 12,385.25 19,041.96 14,679.85 $ 15,096.55
9-30-72 15,310.94 21,655.49 18,7.27.47 $ 11,513.30 26,365.43 II
*9 Months
II
GENERAL FUND EXPENDITURES FOR SELECTED FUNCTIONS II1964 - 1972
OperatingII
Fiscal General and Streets
Year Administration Police and Fire
Ending Expenses Department Drainage Library Department I
12-31-64 $ 8,585.09 $ 5,051.30 $ 1,350.45
12-31-65 15,882.57 9,589.83 13,486.99 $ 1,267.67
12-31-66 16,555.46 11,167.29 16,661.59 $ 1,000.00 5,247.95 II
12-31-67 23,564.32 12,210.38 27,694.10 1,850.00 8,435.10
9-30-68* 17,216.15 13,162.66 31,074.20 3,290.00 9,478.17
9-30-69 35,030.89 23,242.05 50,086.82 4,511.86 5,363.66II
9-30-70 36,521.97 32,861.86 69,557.39 9,927.66 9,333.35
9-30-71 40,539.56 48,429.83 86,960.85 14,765.00 15,993.76
9-30-72 64,725.40 65,103.99 75,168.06 15,484.38 10,285.64 1
*9 Months 11
I
49II
II
I
II
IIPenalties
Interest and Interest
Earned on Delinquent
ISurplus Fund Taxes Other
$ 88.35
II $ 410.23
269.13 $ 156.54
391.02 217.44
683.46
706.28 584.09 1,035.63
II 1,119.90 82.31
289.83
1,100.29 990.68
1,034.67
2,837.05 735.78 687.01
2,893.84 1,347.82 1,325.88
II2,642.72 909.10 907.76
II
11
II
II Expenses
Health, Miscellaneous
Welfare and Planning and Capital
IIRecreation Sanitation Study Program Other Outlay
$ 275.00 $ 1,622.63
II 8,436.56
712.50 $ 1,500.00
15,007.29
1,020.00 3,425.00 $ 1,317.72 17,876.87
II 765.00
2,283.74 4,121.00
2,000.00 5.00
156.10 6,851.04
62,024.65
4,134.43 689.67 68,814.80
7,839.46 3,800.00 3,001.24 25,198.29
II13,451.62 $ 4,940.06 16,120.46 25,711.76
II
II
11 50
_ _ _
® 1111 1111 1111 1 1111 1111 1111 1111 1111 1111 1111 1111 1111 1111 1111 1111 1 1111
CITY OF FRIENDSWOOD, TEXAS
WATER AND SEWER SYSTEM REVENUE AND OPERATING EXPENSES
1965 - 1972
Fiscal City Water and Sewer System Annexed Water and Sewer System
Year Operating Available for Operating Available for
Ending Revenues Expenses Debt Service Revenues Expenses Debt Service
12-31-65 $ 69,806.57 $ 53,499.36 $ 16,307.21
12-31-66 77,685.37 68,909.76 8,775.61
12-31-67 119,324.16 80,860.76 38,463.40
9-30-68* 93,482.67 66,814.51 26,668.16 $ 31,412.72** $ 17,653.85** $ 13,758.87**
9-30-69 122,187.42 60,783.73 61,403.69 57,240.93 42,361.93 14,879.00
0,
9-30-70 131,883.41 62,953.37 68,930.04 38,438.08 34,204.21 4,233.87
9-30-71 152,901.74 66,593.84 86,307.90 39,573.96 33,781.33 5,792.63
9-30-72 174,985.53 72,327.68 102,657.85 42,306.88 29,024.85 13,282.03
* 9 Months
** Per agreement with WCID #21 wherein City operated Water and
Sewer System of Galveston County WCID #21 and city received
all income from district system and in turn paid to the
district a sufficient amount to pay their bond requirements.