HomeMy WebLinkAbout1980 09 30 Audited Financial Report - City of Friendswood I
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ANNUAL FINANCIAL REPORT
CITY OF FRIENDSWOOD, TEXAS
For the fiscal year ended
1 September 30, 1980
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(Report prepared by
1 Finance Department
William K. Thompson, Jr. ,
Director of Finance)
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' L 11RSON, YOUNG f CO
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CONTENTS
Page
Introductory Section 5
11 Letter of Transmittal 6
IICertificate of Conformance 12
Organization Structure 13
1 Principal Officials 14
Financial Section 15
IAudited Financial Statements 16
IIAccountants' Report 17
General Purpose Financial Statements 18
1 Combined Balance Sheet - All Fund Types and Account 19
Groups
1 Combined Statement of Revenues, Expenditures and
Changes in Fund Balances - All Governmental Fund
Types and Expendable Trust Funds 25
1 Combined Statement of Revenues, Expenditures, and
Changes in Fund Balances - Budgeted and Actual -
General, Special Revenue and Debt Service Fund 29
II Types
Combined Statement of Revenues, Expenses and
1 Changes in Retained Earnings/Fund Balance -
Proprietary Fund Type and Similar Trust Fund 31
II Combined Statement of Changes in Financial Position -
Proprietary Fund Type and Similar Trust Fund •33
Notes to Financial Statements 35
IOther Financial Information 47
General Fund 48
Statement of Revenues - Budgeted and Actual 49
IIStatement of Expenditures - Budgeted and Actual -
By Function 50
I Statement of Expenditures - Budgeted and Actual -
By Object 52
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CONTENTS - 2
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Other Financial Information (continued)
Enterprise Fund (Water and Sewer Fund) 59
Statement of Revenue and Expenditures - Budgeted 60
and Actual
Statement of Changes in Financial Position - 62
Budgeted and Actual
Statement of Changes in Fund Equity 63
Long-Term Debt By Maturity Date Summary 65
Long-Term Debt By Maturity Date 66
Trust and Agency Funds 68
Combining Balance Sheet - All Trust and Agency Funds 69
Combining Statement of Revenues, Expenditures, and
' Changes in Fund Balances - All Expendable Trust
Funds 71
Combining Statement of Changes in Assets and
Liabilities - All Agency Funds 72
General Fixed Assets Account Group 73
Statement of Changes in General Fixed Assets 74
1 Statement of General Fixed Assets - By Function 76
General Long-Term Debt Account. Group 77
Statement of Changes in General Long-Term Debt 78
General Long-Term Debt by Maturity Date 80
Combined Schedules 81
I Combined Schedule of Delinquent Property Taxes
Receivable - General and Debt Service Funds 82
Combined Schedule of Investments - All Funds 83
Combined Schedule of Long-Term Debt - All
Funds and Account Group 85
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IIL9IRSON, YOUNG 6 CO
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CONTENTS - 3
ItExhibit
Number Page
11 Statistical Section qf;
General Governmental. Expenditures by Function T np
1 General Revenues by Source II_ 91
IITax Revenues by Source ITT e
Property Tax Levies and Collections TV 94
1 Assessed and Estimated Actual Value of
Taxable Proper•t.y V m,
1 Ratio of Net General Bonded Debt to
Assessed Value and Net. 'ended Debt Per
Capita V_i oF.
1 Computation of Net Direct and Estimated
Overlapping Debt VT1 10O
1 Property Tax Rates and i-11; Levies - All
Overlapping Governmelt VI1.I 10
IITax Rate Distribution for Debt Service TX i ,<;
Special Assessment Collections ;B 1
1 Ratio of Annual Debt Service Expenditures
for Direct Tax Supported Debt to Total
IGeneral Governmental Expenditures XI
Schedule of Revenue Bond and Combination Revenue
and Tax Bond Coverage XII 1O8
1 Computation of Legal Debt Margin XlIT 110
IISchedule of Insurance in Force XIV 11.1.
Salaries and Surety Bonds of Principal Officials XV ilr,
1 . Miscellaneous Statistical Data XVI 117
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INTRODUCTORY SECTION
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LefIRSON,YOUNG CO
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1 To the Honorable Mayor and Members of
the City Council of the City of
Friendswood
IIFriendswood, Texas
The Comprehensive Annual Financial. Report of the City of Friendswood ,
1 Texas, for the fiscal year ended September 30, 1980, is submitted herewith .
This report was prepared by the City' s Finance Department < Responsibility
for both the accuracy of the presented data and the completeness and
I fairness of the presentation, including all disclosures, rests with the
City. We believe the data as presented is accurate in all material as-
pects; that it is presented in a manner designed to fairly set forth the
II financial position and results of operations of the City as measured by the
financial activity of its various finds ; and that all disclosures necessary
to enable the reader to gain the maximum understanding of the City's
. financial activity have been included.
1 Accounting System and Budgetary System
1 The City' s accounting records for general governmental operations are
maintained on a modified accrual basis, wih the revenue, being recorded
when available and measureable and expenditures being recorded when the
' services or goods are received and the liabilities are incurred . Account-
ing records for the City's utilities (enterprise fund) are maintained on the
accrual basis.
1 In developing and altering the City's accounting system consideration is
given to the adequacy of internal accounting controls. Internal accounting
controls are designed to provide reasonable, but not absolute, assurance
IIregarding:
the safeguarding of assets against loss from
unauthorized use or disposition and
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the reliability of financial records for pre-
paring financial statements and maintaining
1 accountability for assets.
The concept of reasonable assurance recognizes that :
1 the cost of a control should not exceed the
benefits likely to be derived and
1 the evaluation of costs and benefits requires
estimates and judgments by management.
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' All internal. control evaluations occur within the above framework. We
believe that the City's internal accounting controls adequately safeguard
' assets and provide reasonable assurance of proper recording of financial
transactions.
Budgeting is an essential element of the financial planning, control and
evaluation processes of the City. The City requires that an annual budget
he authorized by the City council before the budget period begins. This
process provides for the initial financial. planning of the budget year.
Interim budget reports are prepared during the budget period to facilitate
' management control and legislative oversight of governmental fund financial
operations.
' The budgets of the City are based on activities at the sub-function (depart-
mental) level. The General. Fund, Special Revenue Fund and Debt Service
Fund are budgeted on the modified accrual basis of accounting. The Enter-
prise Fund is budgeted on the accrual basis of accounting.
The R porting Entity and Its Services
' The funds and entities related to the City of Friendswood, Texas, included
in our comprehensive annual. financial report are controlled by or dependent .
on the City. Determination of "controlled by or dependent on" is based on
criteria developed by the Federal Bureau of the Census. The criteria deal
with existence as an organized entity; governmental character and substan-
tial autonomy. Based on these criteria the various funds and account
groups (being all the fund and account groups of the City) shown in the
Table of Contents are included in this report.
The City provides the full range of municipal services contemplated by
statute or character. This includes police and fire, sanitation, health
and social services, public improvements, planning and zoning and general
administrative services.
' General Government Functions
Revenues of general government functions totaled $2,495,035 in 1979-80, an
increase of 1.22% over. 1978-79. General property taxes produced 48. 35% of
the general revenues compared to 45. 79% the preceding year. Sales taxes
produced 11.05% of the general revenues compared to 7. 78% the preceding
IIyear. The amount of revenue from various sources and the increase (de-
crease) over the preceding year are shown in the following tabulation:
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IIncrease
1979-80 Per Cent (Decrease)
1 Revenue Sources Amount of Total Over 1978-79
General property taxes $1,206,271 48.35% $ 77,660
Industrial district taxes 186,678 7.48 (259,624)
IIBusiness gross receipts taxes 107,731 4.32 15,285
General sales taxes 275,675 11.05 83,886
Other taxes 4,443 . 18 853
1 Sanitation 268,481 10.76 56,388
Intergovernmental 220,470 8.84 66,100
Funds and forfeits 103,447 4. 15 34,219
I Licenses and permits 43,399 1.74 (11 ,325)
Interest income 36,272 1.45 (31,503)
Other revenue 42,168 1.68 (1,603)
11 TOTAL $2,495,035 100.0 % $ 30,336
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Expenditures for general government purposes totaled $2,458,212, an increase of
7.3% over 1978-79. Increases (decreases) in levels of expenditures for major
functions of the City of the preceding year are shown in the following tabu-
' lation:
Increase
1979-80 Per Cent (Decrease)
Function Amount of Total Over 1978-79
IIGeneral Government $ 462,461 18.82% $ 34,066
Public Safety 798,798 32.49 171,892
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Streets and Drainage 329,713 13.41 37,597
Sanitation 261,471 10.64 (9,749)
Culture - Recreation 208,473 8.48 (183,039)
II Health and Welfare 123,200 5.01 115,153
Debt Service 274,096 11.15 1,296
TOTAL $2,458,212 100.0 % $167,216 1
Assessed valuations of $107,751,920 represented an increase of 7.2% over
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- the preceding year. The assessed tax levy at October 1 , 1979, relating to
the fiscal year 1979-80 was $1,231,876 an increase of 7.3% over the tax
levy at October 1 , 1978.
ICurrent tax collections were 95.4% of tax levy, down .9% from last year.
Delinquent tax collections were $30,758 and represented 2.5% of total
II collections. The ratio of total collections (current and delinquent) to
the current tax levy was 97.9%, a decrease of .4% from 1978-79. Alloca-
tions of property tax levy by purpose for 1979-80 and the preceding two
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fiscal years are as follows (amount per $100 assessed value) :
Purpose 1979-80 1978-79 1977-78
IGeneral Fund $ .897 $ .921 $ .813
General Obligation Debt . . .253 .229 .337
IITOTAL TAX RATE $1. 150 $1. 150 $1.150
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Unappropriated fund balances in the major operating funds were maintained at
1 adequate levels. The General Fund balance of $643, 730 was up $51 ,678 from
last year; the Debt Service Fund balance of $117,551 was down $4,812 from
the preceding year; and the Special. Revenue Fund balance of $55,446 was 'down
$22,258 from prior year.
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Debt Administration
II The ratio of net bonded debt to assessed valuation and the amount of bonded
debt per capita are useful indicators of the City's debt position to municipal
management, citizens, and investors. These data for the City of Friendswood
1 at the end of the 1979-80 fiscal year were as fellows:
Ratio of Debt to Ratio of Debt Debt
Assessed Value to per
11 Description Amount (60% of Market) Market Value Capita
Net direct bonded
1 debt $6,616,449 .92'/, 3. _`Y5% $ 642. 31
Overlapping debt 9,967,101 8..92 5.35 967, 59
Total direct and
11 overlapping debt $16,583,550 14.84% 8.90% $1,609.9O
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Outstanding general obligation bonds and certificates of obligation at September
30, 1980 totaled $3, 101 ,449 , which is considered to be net direct tax supported
debt.
IOutstanding revenue bonds and combination revenue and tax bonds at September 30,
1980 totaled $3,515,000 which is considered to be self-supporting.
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During the past year, $78,000 of net direct tax supported debt was retired and
$260,000 of self-supporting debt was retired. During the year ended September
30, 1980, $60,000 of certificates of obligation were sold at an effective Inter-
, est rate of 7.00%; another $400,000 and $450,000 of revenue bonds were sold at
an effective interest rate of 6.067 and 5.50% respectively, The following
tabulation presents general obligation bonds, certificates of obligation and
IIrevenue bonds issued during the past five years.
Interest
I Number of Effective Cost per
Years to Borrowed
Bowed
Issue Amount Retirement Rate Dollar
I 1975 Certificates of Obligation $ 52,000 1 5. 75% $ .09
1976 Certificates of Obligation 55,000 1 5. 75 .10
1977 Street Improvement Bonds 1,350,000 20 5. 75 .94
I 1979 General Obligation Bonds 385,000 19 5.90 61
1979 Revenue Bonds 450,000 5 5. 50 .25
1979 Revenue Bonds 400,000 13 6.06 . 62
1980 Certificates of Obligation 60,000 4 7.00 .23
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ICash Management
II Cash temporarily idle during the year was invested in time deposits ranging
from 30-365 days to maturity.
Interest earned for the year was $91,056, down $67,048 from the preceding
1 year. This decrease was due primarily to the expenditure of the prior years'
remaining bond proceeds.
ICapital Projects Fund
The proceeds of general obligation bond issues are accounted for in capital
II projects funds until improvement projects are completed. At the end el the
fiscal year, completed projects and construction in progress are ti .nns;-
ferred to General Fixed Assets Account Group. During the year 1979-8(1,
projects costing $1,813,872 were completed and the current expenditures to
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complete these projects were $462,759. Construction in progress at
September 30, 1980 was $27,028. There were not any bonds issued during
the year to construct any additional assets in the Capital Projects Fund.
IIGeneral Fixed Assets
The general fixed assets of the City are fixed assets used in the perfor-
IImance of general government functions and exclude fixed assets of the Water
and Sewer Fund. As of September 30, 1980 general fixed assets of the City
amounted to $5,262,359. This amount represents the original cost of assets
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and may be less than the present value. Depreciation of the general fixed
assets is not recognized in the City's accounting system.
.II Water and Sewer System
The City's water and sewer utility had a successful year and continued to
II show impressive gains in gross sales. The average monthly water and sewer
charge per customer for the fiscal year 1979-80 was $21.51 per month, an
increase of $7.33 per month over the fiscal year 1978-79. Comparative data
for the past two fiscal years are presented in the following tabulation:
II 1979-80 1978-79
II Operating revenues $877,947 $624,028
Operating expenses (including depreciation) 660,165 606,178
. Operating income 217,782 17,850
Net other income (expenses) (162,760) (69,394)
INet income (loss) before operating
subsidy transfers $ 55,022 $(51,544)
Operating subsidy transfers - 73,759
IINET TNCOME $ 55022 $_222215
1 Median !lumber of water and sewer customers 3,053 3,053
$Average water and sewer charge per month $ 21.51 14.18
1 Daring the year, regularly maturing revenue bonds of $230,000 were retired
in the Water and Sewer Fund. In addition, $30,000 of combination revenue
and tax bonds, serviced with earnings of the water and sewer system were
retired. There were $900,000 of revenue bonds authorized but unissued at
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1 Independent Audit
1 The City Charter requires an annual audit of the financial statements of
all of the various funds of the City by a certified public accountant
selected by the City Council. The requirement has been complied with
and the auditors' opinion has been included in this report.
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Certificate of Conformance
1 The Municipal Finance Officers Association of the United States and Canada
(MFOA) awarded a Certificate of Conformance in Financial Reporting to the
City of Friendswood, Texas for its comprehensive annual financial report
for the fiscal year ended September 30, 1979.
In order to be awarded a Certificate of Conformance, a governmental unit
must publish an easily readable and efficiently organized comprehensive
annual financial report, whose contents conform to program standards. Such
reports must satisfy both generally accepted accounting principles and
' applicable legal requirements.
A Certificate of Conformance is valid for a period of three years subject
to two annual reviews. We believe our current report continues to conform
to Certificate of Conformance Program requirements, and we are submitting
it to M.F.O.A. for the required annual review.
Acknowledgements
The preparation of this report on a timely basis was accomplished with the
efficient and dedicated services of the entire staff of the Finance
Department. I express my appreciation to all members of the department who
assisted and contributed to its preparation. I also thank your office and
1 the members of the City Council for their interest and support in planning
and conducting the financial operations of the City in .a responsible and
progressive manner.
Respectfully submitted,
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William K. Thompson, Jr.
Approval for Transmittal Director of Finance
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James C. Morgan
City Manager
Friendswood, Texas
December 24, 1980
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Certificate
1 of
Conformance
1 in Financial
1 Reporting
Presented to
City of
Friendswood, Texas
For its Comprehensive Annual
Financial Report
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for the Fiscal Year Ended
September 30, 1979
A Certificate of Conformance in Financial Reporting is
presented by the Municipal Finance Officers Association
of the United States and Canada to governmental units
' and public employee retirement systems whose comprehensive
annual financial reports (CAFR's) are judged to substantially
conform to program standards.
�cE OfFice
ONITEO STATES
ANo �N lig
I a. CANADA
Sr
PresidentAI a
L�\.._ Doti
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```' '• N4� a Executive Director
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N M r M NM r N MN - - NI n NM NM UN I EN MN NM
ORGANIZATION STRUCTURE
CITY OF FRIENDSWOOD, TEXAS
September 30, 1980
MAYOR AND CITY COUNCIL
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Legislation and Policy
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MUNICIPAL JUDGE CITY MANAGER CITY SECRETARY I CITY ATTORNEY
Court, violations and warrants Departmental support, policy management, Record official Legal Services
public information, intergovernmental meetings, main- and prosecution
relations and personnel tain records and
preside over elections
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PUBLIC WORKS PUBLIC SAFETY INTERNAL SERVICES — PUBLIC SERVICES I ,- PUBLIC UTILITIES
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w -ENGINEERING '-POLICE FINANCE ARKS AND RECREATION -WATER
Supervision, design and Division support, Division support, budget, Facility construction, Production and
drafting, survey and patrol, civilian systems development, maintenance, and recrea- distribution
construction inspection support, criminal internal audit, treasury tion supervision
investigation, administrations, data "SEWER
-STREETS & DRAINAGE training and management, accounting IBRARY Collection and
Street construction, public relations systems, financial reporting Circulation, reference processing
maintenance and drainage purchasing, accounts payable, and research and
SIRE accounts receivable, payroll children's programs -CUSTOMER SERVICE
--SANITATION Stations and equip- and insurance Meter readers and
Commercial and residen- ment, volunteer OMMUNITY SERVICES utility billing
tial collection, sani- support and fire -TAX Family counseling and
tary landfill marshall Assessments and collections youth needs
INSPECTIONS & PERMITS 0-HEALTH SERVICES -WAREHOUSE
Building inspections, Pollution and sani- Inventory control
street & utilities tation control, food
inspections and inspections and -GARAGE
ordinance enforcement swimming pool Service and maintenance
inspections
PERSONNEL
-CODE ENFORCEMENT Hiring employees and maintaining
employee records
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11 PRINCIPAL OFFICIALS
ICITY OF FRIENDSWOOD, TEXAS
September 30, 1980
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MAYOR
II Dale Whittenburg
IICouncilwoman Councilman
Position No. 1 Position No. 4
1 Mary Brown Loren E. Wood
II Mayor Pro-Tem
Councilman Councilman
Position No. 2 Position No. 5
1 Paul E. Maaz Paul W. Schrader
II Councilman Councilwoman
Position No. 3 Position No. 6
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Edward 0. Zeitler Vickie Black
I City
Manager
James C. Morgan
IICity Secretary Director of Finance Tax Assessor
IIBobbie C. Henry William K. Thompson, Jr. Alta Carbone
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' FINANCIAL SECTION
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AUDITED FINANCIAL STATEMENTS
CITY OF FRIENDSWOOD, TEXAS
FRIENDSWOOD, TEXAS
September 30, 1980
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1 LBIRSON. YOUNG Q CO
Lfl/RSON, YOUNG d CO.
CERTIFIED PUBLIC ACCOUNTANTS
MEMBERS 1425 CAPITAL NATIONAL BANK BLDO.
AMERICAN INSTITUTE OF HOUSTON,TEXAS 77002
CERTIFIED PUBLIC ACCOUNTANTS 713-658-1745
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Honorable Mayor and
Members of City Council
City of Friendswood, Texas
We have examined the combined financial statements of the City of
Friendswood, Texas for the year ended September 30, 1980 as listed
in the table of contents. Our examination was made in accordance
with generally accepted auditing standards and, accordingly, included such
tests of the accounting records and such other auditing procedures as we
considered necessary in the circumstances.
In our opinion, the combined financial statements referred to above present
fairly the financial position of the City of Friendswood, Texas, at
September 30, 1980, and the results of its operations and the changes in
financial position of its proprietary fund type for the year then ended,
in conformity with generally accepted accounting principles applied on a
basis consistent with that of the preceding year.
Our examination was made for the purpose of forming an opinion on the
combined financial statements taken as a whole. The combining, individual
fund, and account group financial statements and schedules listed in the
table of contents are presented for purposes of additional analysis and are
not a required part of the combined financial statements of the City of
Friendswood, Texas. The information has been subjected to the auditing
procedures applied in the examination of the combined financial statements
and, in our opinion, is fairly stated in all material respects in relation
to the combined financial statements taken as a whole.
f,1,01/1-1•4..... ,
11 Houston, Texas
11 December 24, 1980
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GENERAL PURPOSE FINANCIAL STATEMENTS
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COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
CITY OF FRIENDSWOOD, TEXAS
September 30, 1980 1
GOVERNMENTAL FUND TYPES 1
Special Debt Capital
ASSETS General Revenue Service Projects
CASH - unrestricted (including
time deposits of $165,065) $75,185 $96,326 $ 9,119
CASH - restricted (including
time deposits of $160,080) $40,151 6,624
CASH WITH FISCAL AGENTS 13,554
DELINQUENT TAXES RECEIVABLE 78,706 24,263
Less allowance for doubtful
accounts 3,914 1,236
74,792 23,027
GRANTS RECEIVABLE - Note 5 1
ACCOUNTS RECEIVABLE
Less allowance for doubtful
accounts 51,887 19,082
DUE FROM OTHER FUNDS 530,696 21,943
PREPAID EXPENSES 59,405
INVESTMENT IN 1
JOINT VENTURE - Note 5
LAND I
PLANT AND EQUIPMENT - at cost
Less allowance for depreciation 1
CONSTRUCTION IN PROGRESS
AMOUNT AVAILABLE IN DEBT 11
SERVICE FUND
AMOUNT TO BE PROVIDED FOR
RETIREMENT OF GENERAL
LONG-TERM DEBT
$791,965 $59,233 $154,850 $15,743
The notes to the financial statements are an integral part of this statement. 1
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PROPRIETARY FIDUCIARY TOTAL
I FUND TYPE FUND TYPE ACCOUNT GROUPS (Memorandum Only)
General General
Trust and Fixed Long-Term
11 Enterprise Agency Assets Debt 1980. - 1979
II $ 208,399 $ 8,510 $ 495,153 $1,208,269
86,466 97,614 133,241
II 13,554
102,969 79,839
5, 150 3,992
97,819 75,847
II1,033,304 1,033,340
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134,219 16,813 222,001 207,941
1 36,204 145 588,988 766,753
23,600 83,005 20,088
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4,288,952 4,288,952 311,543
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• 105,765 57,200 $ 212,906
1 ,906 375,871 258,377
II 5,286,782 5,022,425 10,309,207 8,160,197
961,614 961,614 865,949
4 ,325,168 5,022,425 9,347,593 7,294,248
II3,376,773 27,028 3,403,801 3,666,601
$ 117,551 117,551 122,363
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3,101,449 3,101,449 3,114,637
II ' $13,618,886 $180,282 $5,262,359 $3,219,000 $23;302,318 $17, 046, 667
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COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS - 2
CITY OF FRIENDSWOOD, TEXAS
September 30, 1980
GOVERNMENTAL FUND TYPES
Special Debt Capital 1
General Revenue Service Projects
LIABILITIES AND FUND EQUITY I
LIABILITIES
Accounts payable $ 5,267 $ 3,787 $ 718 $ 2,000
Due to other funds 36,205 9,119
Current portion of revenue
bonds and combination
revenue and tax bonds
payable
Park escrow
Customer meter deposits
Due to joint venture
General obligation bonds and
certificates of obligation
Revenue bonds and combination
revenue. and tax bonds
payable - less current portion
Bonds and warrants 4,352
Accrued vacation and compen-
sation time 27,619
Matured bonds and interest
payable 11,554
Deferred tax revenues 74,792 23,027 1
TOTAL LIABILITIES 148,235 3,787 37,299 11,119
FUND EQUITY
Contributed capital
Investment in general fixed •
assets
Retained earnings
Reserved for revenue bond
collateral requirements
Reserved for authorized
construction
Unreserved
Fund balances
Reserved for authorized
construction 4,624
Reserved for endowments
Reserved for performance
deposit
Reserved for federal
restrictions 55,446
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11 PROPRIETARY FIDUCIARY TOTAL
FUND TYPE FUND TYPE ACCOUNT GROUPS (Memorandum Only)
II General General
Trust and Fixed Long-Term
Enterprise Agency Assets Debt 1980 1979
1
I $ 5,423 $
17,195 458,452
523,174 $ 20,490 588,988 766,753
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115,000 115,000 210,000
- 10,000
1 32,983 32,983 36,000
678,223 678,223
II $3,219,000 3,219,000 3,237,000
3,400,000 • 3,400,000 2,715,000
4,352 2,904
II3,994 31,613 -
13,554
1 _ 97,819 75,847
4,758,797 20,490 3,219,000 8,198,727 7,511,956
7,118,710 7,118,710 2,077,443
II5,262,359 5,262,359 4,473,254
II91,084 91 ,084 62,088
181,182 181 ,182 195,183
1,469,113 1,469,113 1,440,049
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4,624 485,000
II 70,396 70,396 -
89,396 89,396 -
II 55,446 77,703
LAWSON,YOUNG OUNG 6 CO
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COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS - 3
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CITY OF FRIENDSWOOD, TEXAS
September 30, 1980 !!
GOVERNMENTAL FUND TYPES
Special Debt Capital
General Revenue Service Projects
FUND EQUITY (cont.)
Reserved for prepaid
expenses 59,405 1
Unreserved
Designated for debt service 117,551
Undesignated 584,325
TOTAL FUND EQUITY 643,730 55,446 117,551 4,624
$791,965 $59,233 $154,850 $ 15,743
The notes to the financial statements are an integral part of this statement.
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PROPRIETARY FIDUCIARY TOTAL
FUND TYPE FUND TYPE ACCOUNT GROUPS (Memorandum Only)
General General
Trust and Fixed Long-Term
Enterprise Agency Assets Debt 1980 1979
59,405 20,088
117,551 122,363
1 584,325 581,540
8,860,089 159,792 5,262,359 15,103,591 9,534,711
$13,618,886 $180,282 $5,262,359 $3,219,000 $23,302,318 $17,046,667
1
i
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1
1
1
1
1
1
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1 L ARSON. YOUNC 8 CO
:I
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ALL GOVERNMENTAL FUND TYPES AND II
EXPENDABLE TRUST FUNDS
CITY OF FRIENDSWOOD, TEXASII
Year ended September 30, 1980
GOVERNMENTAL FUND TYPES
Special Debt Capital
II
General Revenue Service Projects
REVENUES
Taxes
Ad valorem $ 940,590 $265,681
Industrial districts 186,678
Sales 275,675II
Franchise 107,731
Beverage 4,443
Sanitation fees 268,481
Fines and forfeitures 103,447
Permits 40,070
Licenses and fees 3,329
Federal revenue sharing andII
grants 140,002 $ 80,468
Interest on investments 27,209 4,961 4,102 $ 26,400
Other income 42,168
II
TOTAL REVENUES 2,139,823 85,429 269,783 26,400
EXPENDITURES
Operating expenditures 1,827,831 499 II
Capital outlay 248,099 107,687 489,787
Debt service •
Principal retirement 78,000II
Interest expense 196,096
TOTAL EXPENDITURES 2,075,930 107,687 274,595 489,787
REVENUES OVER
(UNDER) EXPENDITURES 63,893 (22,258) (4,812) (463,387)
OTHER FINANCING SOURCES (USED) I
Proceeds of certificates of
obligation 60,000 II
Operating transfers in 37,489
Operating transfers out (37,489)
TOTAL OTHER FINANCING
SOURCES 22,511. 37,489 II
REVENUES AND OTHER
SOURCES OVER (UNDER)
EXPENDITURES AND II
OTHER USES 86,404 (22,258) (4,812) (425,898)
Fund balances at Oct. 1 592,052 87,279 122,363 485,000 1
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MASON, WINGQ CO.
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1
I
eFIDUCIARY TOTAL
FUND TYPE (Memorandum Only)
I
Expendable Trusts 1980 1979 __
II $1,206,271 1 128$ ,611
186,678 446,302
• 275,675 191,789
107,731 92,446
4,443 3,590
' 268,481 212,093
103,447 69,228
40,070 49,805
e3,329 4,919
220,470 154,370
$ 5,379 • 68,051 142,472
II
42,168 43,771
5,379 2,526,814 2,539,396
I1,828,330 1,503,590
845,573 1,447,888
I 78,000 86,000
196,096 186,800
2,947,999 3,224,278
I .
5,379 (421,185) (684,882)
1
I60,000 385,000
710 38,199 211,822
(37,489) (285,581)
II
710 60,710 311,241
II 6,089 360 47
( � 5) (373,641)
II
-0- 1,286,694 1,660,335
I
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LdIRSOV• JWVC 6 CO.
71
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ALL GOVERNMENTAL FUND TYPES AND
EXPENDABLE TRUST FUNDS - 2
11
1
GOVERNMENTAL FUND TYPES _
Special Debt Capita'
General Revenue Service Projects
Other changes in fund balances
Residual equity transfers in 9,575
Residual equity transfers out (44,301) (9,575) (54,478)
Performance bond deposit
FUND BALANCES AT
SEPTEMBER 30 $643,730 $ 55,446 $117,551 $ 4,624
11
The notes to the financial statements are an integral part of this statement-
1
1
1
1
1
1
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LBIRSON. WING 8 CO 1
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I
I
FIDUCIARY TOTAL
FUND TYPE (Memorandum Only)
Expendable _ 1
Trusts 1980 1979
1 2,073 11,648
(108,354)
84,430 84,430 -
1
$ 92,592 $ 913,943 $1,286,694
1
1
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' LfURSON, YOUNG d CO.
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I
COMBINED STATEMENT OF REVENUES, EXPENDITURES
II FUND BALANCES - BUDGETED AND ACTUAL - GENE
REVENUE AND DEBT SERVICE FUND TYPES
CITY OF FRIENDSWOOD, TEXAS
IIYear ended September 30, 1980
I Total
(Memorandum Only)
Variance
Favorable
Budget-e) Budget Actual (Unfavorable)
REVENUES
II Taxes
Ad valorem $ 920,5( $1,179,726 $1,206,271 $ 26,545
Industrial districts 267,0( 267,000 186,678 (80,322)
Sales 150,0( 150,000 275,675 125,675
II Franchise Beverage 71,5( 71,500 107,731
4,443 36,231
-0- -0- 4,443
Sanitation fees 232,0( 232,000 268,481 36,481
Fines and forfeitures 47,0( 47,000 103,447 56,447
II Permits 25,0( 25,000 40,070 15,070
Licenses and fees 4,0( 4,000 3,329 (671)
Federal and state grants 31,9( 113,685 220,470 106,785
II Interest on investments 20,O( 20,000 36,272 16,272
Other income -0- -0- 42,168 42,168
TOTAL REVENUES 1,768,9( 2,109,911 2,495,035 385,124
11 EXPENDITURES
General government 452,0( 459,081 462,461 (3,380)
Public safety 605,3; 643,824 798,798 (154,974)
Streets and drainage 244,1! 314,191 329,713 (15,522)
II Sanitation 228,4: 228,435 261,471 (33,036)
Culture and recreation 16$,3! 173,120 208,473 (35,353)
Health and welfare 113,01 113,049 123,200 (10,151)
I Debt service - t 261,247 274,096 (12,849)
TOTAL EXPENDITURES 1,$11,41 2,192,947 2,458,212 (265,265)
REVENUES OVER
II (UNDER) EXPENDITURES (42,5' (83,036) 36,823 119,859
OTHER FINANCING SOURCES (USES)
Proceeds of certificates of
IIobligation 60,000 60,000
Operating transfers out (37,489) (37,489)
22,511 22,511
II
REVENUES. AND OTHER" SOURCES
OVER (UNDER) EXPENDITURES '
IIAND OTHER USES (42,5: (83,036) 59,334 142,370
II
I/
I
11
COMBINED STATEMENT OF REVENUES, EXPENDIT1
FUND BALANCES - BUDGETED AND ACTUAL - (
REVENUE, AND DEBT SERVICE FUND TYPES -
II
11
Total
(Memorandum Only)
Variance
Favorable
Bud'_ Budget Actual (Unfavorable)
Fund balances at Oct. 1, 1979 59 792,119 801,694 9,575
Other changes in fund balances
Residual equity transfers in _ 9,575 9,575
Residual equity transfers out (53,876) (53 876)
FUND BALANCES AT SEPT. 30, 1980 $ 54 $ 709,083 $ 816,727 $ 107,644
' The notes to the financial statements at
:1
COMBINED STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS/FUND BALANCE -
PROPRIETARY FUND TYPE AND SIMILAR TRUST FUND
•
CITY OF FRIENDSWOOD, TEXAS
Year ended September 30, 1980
PROPRIETARY FIDUCIARY
FUND TYPE FUND TYPE _
Nonexpendabie
Enterprise , Trust -
Operating revenues
Water and sewer sales and services $ 787,878
WCID #108 sewer fee 73,745
Fees and penalties 16,324
877,947
Operating expenses
Water department
Personal services 120,694
Supplies and maintenance 68,250
Contractual services 62,409
Travel and training 483
Membership and subscription 39
251,875
Sewer department
Personal services 111,659
Supplies and maintenance 94,669
Contractual services 104, 123
Travel and training 1,506
Membership and subscription 66
312,023
Bad debts 602
Depreciation 95,665
660, 165
OPERATING INCOME 217,782
Other income (expenses)
Taps and connections 41,194
Interest income 22,295 $ 710
Other income 1,852
Interest expense (223, 101)
Bond cost amortization (5,000)
(162,760) 710
INCOME (LOSS) BEFORE
OPERATING TRANSFERS 55,022 710
Operating transfers in (out) (710)
NET INCOME 55,022 -0-
Retained Earnings/Fund Balance at
October 1 1,686,357 67,200
RETAINED EARNINGS/FUND BALANCE
AT SEPTEMBER 30 $1,741,379 $67,200
The notes to the financial statements are an integral part of this statement.
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LfIIRSON. YOUNG 8 CO. 11
I
I
I
TOTALS
I (Memorandum Only)
1980 1979
$ 787,878 $ 51,9,479
73, 745 93,501
I
16,324 11,048
877,947 624,028
I120,694 80,725
68,250 17,512
62,409 94,258
I 483 426
39 8
251,875 192,929
I111,659 126, 140
94,669 15,541
I
104, 123 1,506 163,455
389
66 -
312,023 305,525
I 602 2,575
95,665 105,149
660, 165 606,178
I217,782 17,850
41 ,194 50,775
23,005 15,632
1,852 16,052
(223,101) (151,853)
(5,000) -
I (162,050) (69,394)
55,732 (51,544)
I (710) 73,759
55,022 22,215
I1 ,753,557 1 ,731,342
$1,808,579 $1 ,753,557
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ILifIRSON, YOUNG 8 CO
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COMBINED STATEMENT OF CHANGES IN FINANCIAL POSITION -
PROPRIETARY FUND TYPE AND SIMILAR TRUST FUNDII
CITY OF FRIENDSWOOD, TEXAS
Year ended September 30, 1980 II
PROPRIETARY FIDUCIARY 11
FUND TYPE FUND TYPE
Nonexpendable
Enterprise Trust
SOURCES OF FINANCIAL RESOURCES
Operations
Net income for the year $ 55,022
II
Expenses not requiring current outlay of
financial resources - depreciation 95,665
Financial resources provided from operations 150,687
II
Retirement of property, plant and equipment -
Contributed capital 4,944,563
Residual equity transfers 96,706II
Sale of revenue bonds 850000
6,041,956
USES OF FINANCIAL RESOURCES II
Acquisition of property, plant and equipment
including $1,061,285 of construction in
progress 1,157,399 II
Investment in joint-venture 3,988,374
Retirement of long-term debt 195,000
5,340,773II
INCREASE (DECREASE) IN WORKING CAPITAL $ 701,183 $ -0-
II
INCREASE (DECREASE) IN COMPONENTS OF WORKING
CAPITAL I
Cash $ 49,693
Accounts receivable 1,014,606 $ (40)
Prepaid expenses 23,600
Due from other funds (42,160) 11
Accounts payable 117,043
Customer meter deposits 3,017
Current portion of revenue bonds payable 65,000 II
Due to other funds 152,601 40
Due to joint venture (678,223) '
Accrued expenses (3,994)
INCREASE (DECREASE) IN WORKING CAPITAL $ 701 ,183 $ -0- II
The notes to the financial statements are an integral part of this statement.
II
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LfURSSON YOUNG 6 CO
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I
' TOTALS
(Memorandum Only)
1980 1979
$ 55,022 $ 22,215
95,665 105,149
' 150,687 127,364
23,288
4,944,563 873,443
' 96,706
850,000
6,041,956 1,024,095
•
1 1 , 157,399 1,481 ,011
3,988,374 311 ,543
195,000 30,000
5,340,773 1_2 822,554
$ 701,183 $ (798,459)
$ 49,693 $ 16,207
1,014,566 (64, 138)
23,600 •
-
' (42,160) (154,572)
117,043 (9,314)
' 3,017 (3,750)
65,000 (120,000)
152,641 (462,892)
(678,223)
(3,994)
$ 701 ,183 $ (798,459)
========== ----------
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' LfIIRSON, YlZING 6 CO
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NOTES TO FINANCIAL STATEMENTS
11 CITY OF FRIENDSWOOD, TEXAS
11 September 30, 1980
1 . ORGANIZATION
The City of Friendswood adopted a "Home Rule Charter" on October 15,
1960 which provides for a "Council-Manager" form of city government.
2. SIGNIFICANT ACCOUNTING POLICIES AND DESCRIPTION OF FUNDS
DESCRIPTION OF FUNDS
eGeneral Fund
The General Fund is used to account for all financial transactions
which are not accounted for in another fund. The primary sources of
revenue of the General Fund are property taxes , franchises, sanitation
income, and fines and forfeitures. Primary expenditures are for
general government, public safety, streets and drainage, sanitation,
1 culture and recreation, and health and welfare.
Special Revenue Fund
11 The Special Revenue Fund (Revenue Sharing Fund) is used to account
for revenue received from the federal government under the State and Local
1 Fiscal Assistance Act of 1972 . Revenues from the federal government
may be used only for "priority expenditures" as defined in the Act.
Capital improvements are charged to expenditures in the accounts of
the fund and capitalized in either the Water and Sewer Fund or
General Fixed Assets Account Group.
Debt Service Fund
The Debt Service Fund is used to account for the payment of interest
and principal of general bonded debt of the City, which is
accounted for in the General Long-Term Debt Account Group. The
primary source of revenue of the Debt Service Fund is general property
taxes. The payment of interest and principal on the revenue bonds and
combination revenue and tax bonds of the Enterprise (Water and Sewer)
Fund are accounted for in the Enterprise (Water and Sewer) Fund.
Capital Projects Fund
The Capital Projects Fund is used to account for the receipt and
expenditure of resources used for acquisition of designated fixed
' assets except those financed by the Enterprise (Water and Sewer)
Fund.
I
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LRIRSON,YOUNG Q CO
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NOTES TO FINANCIAL STATEMENTS - 2
1
I
•
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
DESCRIPTION OF FUNDS (continued)
iEnterprise Fund
The Enterprise Fund (Water and Sewer Fund) is used to account for the
operations of the Water and Sewer Department. The Enterprise Fund
operations are financed and operated in a manner similar to private
business enterprises where the intent is that the costs (expenses,
including depreciation) of providing goods and services to the general
public on a continuing basis be financed or recovered primarily
through user charges.
Trust Funds
The Trust Funds are used to account for assets held by the City in a
trustee capacity for individuals and private organizations.
The Non-Expendable Trust Fund (1776 Park Trust Endowment Principal
e Fund) is used to account for the legally restricted nonexpendable 1776
Park land trust corpus and the legally restricted nonexpendable 1776
Park maintenance endowment cash trust corpus.
The Expendable Trust Funds consist of the 1776 Park Trust Endowment
Revenue Fund and the Performance Deposit Fund.
The 1776 Park Trust Endowment Revenue Fund is used to account for the
expenditures of the legally restricted income earned on the
1776 Park maintenance endowment cash trust corpus. The trust corpus
reverts to a third party in the event that the City does not maintain
compliance with the trust agreements.
The Performance Deposit Fund is used to account for a performance cash
deposit and the income from the deposit. The deposit is being held by
the City for the performance of a street construction contract.
Agency Funds
The Agency Funds are used to account for assets held by the City as an
agent for other City funds.
I
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LfIIRSON, YOUNG 6 CO
1
NOTES TO FINANCIAL STATEMENTS - 3
1
II
II2. SIGNIFICANT ACCOUNTING POLICIES (continued)
DESCRIPTION OF FUNDS (continued)
IIAgency Funds (continued)
II The Property Tax Clearing Account Fund is used to account for property
tax collections and the distribution of such taxes to the General Fund
and the Debt Service Fund in accordance with the City Ordinance distri-
bution requirements.
1 The Returned Check Fund is used to account for returned checks.
1 DESCRIPTION OF ACCOUNT GROUPS
General Fixed Assets Account Group
1 The General Fixed Assets Account Group is a listing of the City's
general fixed assets - those assets not employed in commercial type
activities (Enterprise Fund) or held in trust (Trust Fund) - balanced
IIby accounts showing the sources by which such assets were financed.
Such assets are recorded at cost and depreciation is not recorded.
IGeneral Long-Term Debt Account Group
The General Long-Term Debt Account Group is used to account for
1 general obligation bonds and certificates of obligation that are not a
specific liability of the Enterprise (Water and Sewer) Fund.
MEASUREMENT FOCUS
1 Governmental (General, Special Revenue, Debt Service, and Capital
Projects) fund types are accounted for on a "spending" or "financial
1 flow" measurement focus. Accordingly, only current assets and current
liabilities are included on their balance sheets, and the reported fund
balance (total reported assets less total reported liabilities) pro-
' vides an indication of available spendable or appropriable resources.
Operating statements for governmental fund types (on a spending
measurement focus) report increases (revenues and other financing sources)
and decreases (expenditures and other financing uses) in available
1 spendable resources.
1
1
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LAIRSONYOUNG 6 CO
1
NOTES TO FINANCIAL STATEMENTS - 4
1
' 2. SIGNIFICANT ACCOUNTING POLICIES (continued)
MEASUREMENT FOCUS (continued)
' Proprietary (Enterprise) fund types are accounted for on an "income
determination" or "cost of services" measurement focus. Accordingly,
all assets and all liabilities are included on their balance sheets,
and the reported fund equity (total reported assets less total reported
liabilities) provides an indication of the economic net worth of the
' fund. Operating statements for proprietary fund types (on an income
determination measurement focus) report increases (revenues) and
decreases (expenses) in total economic net worth.
Fiduciary funds are accounted for as either governmental or pro-
prietary, depending upon their nature. Nonexpendable Trust Funds are
accounted for like proprietary fund types, while Expendable Trust Funds
are accounted for like governmental fund types. Agency Funds report
only financial position. Since Agency Funds are custodial in nature
(assets equal liabilities), they are not concerned with measurement of
' results of operations as such.
Fixed assets which are not used in proprietary fund operations, are all
accounted for in a separate self-balancing General Fixed Assets Account
' Group. Long-term debts which are not intended to be financed through
proprietary funds are all accounted for in a separate self-balancing
General Long-Term Debt Account Group.
Depreciation is reported on the operating statements of proprietary
fund types (on an income determination measurement focus). Depre-
ciation is not reported on the operating statements of governmental
fund types (on a spending measurement focus).
•
BASIS OF ACCOUNTING
"Basis of accounting" refers to when revenues and expenditures or
expenses are recognized in the accounts and reported in the financial
1 statements . Basis of accounting relates to the timing of the measure-
ments made, regardless of the measurement focus applied.
' Proprietary fund types and Nonexpendable Trust Funds use the accrual
basis of accounting. On the accrual basis, revenues are recognized in
the accounting period in which they are earned and expenses are recog-
nized in the accounting period incurred.
1
1
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LfIIRSON. YOUNG CO
1
NOTES TO FINANCIAL STATEMENTS - 5
1
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
BASIS OF ACCOUNTING (continued)
1 Governmental fund types and Expendable Trust Funds use the modified
accrual basis of accounting. On the modified accrual basis, revenues
are recognized in the accounting period in which they become available
and measurable ("susceptible to accrual"), and expenditures are recog-
nized in the accounting period in which the fund liability is incurred,
except for unmatured interest on general long-term debt. The agency
1 fund assets and liabilities use the modified accrual basis of account-
ing. On the modified accrual basis, receivables are recognized as soon
as a legal "right to receive" exists, regardless of the revenue recog-
nition treatment applied.
The following revenue sources have been treated as susceptible to
1 accrual under the modified accrual basis ;
Sales taxes
Federal revenue sharing and grants
Industrial district taxes
Interest on investments
Sanitation revenue
1 The following revenue sources have not been treated as susceptible to
accrual, under the modified accrual basis :
Franchises
Licenses and permits
Fines and forfeitures
Beverage taxes
General property taxes •
ENCUMBRANCES
Encumbrances are obligations which are chargeable to an appropriation
and for which a part of the appropriation is reserved. The encum-
brance ceases when the obligation is paid, when the actual liability
is incurred, or when the appropriation lapses. Encumbrances outstand-
ing 1 at the end of the year have not been reported as expenditures or
liabilities.
BASIS OF ACCOUNTING APPLIED TO BUDGETS.
The following funds use the modified accrual basis of accounting for
its budget :
1
1 -39-
LfURSON. YOUNG 8 CO
1
NOTES TO FINANCIAL STATEMENTS - 6
e
11
1
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
BASIS OF ACCOUNTING APPLIED TO BUDGETS (continued)
General Fund
Special Revenue Fund
Debt Service Fund
The Enterprise Fund uses the accrual basis of accounting for its
budget.
OTHER SIGNIFICANT ACCOUNTING POLICIES
Investments
Investments are stated at cost.
Depreciation
Depreciation has been provided for plant and equipment in the Enter-
prise (Water and Sewer) Fund using the straight-line method over the
following estimated useful lives of the assets:
1
Equipme Asnt sets Life
3 to 10 years
Water and sewer system 50 years
1
1
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I .
1
1
11
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LfIIRSON, YOUNG 6 CO
I
NOTES TO FINANCIAL STATEMENTS - 7
1
11 3. LITIGATION
II The City is defendant in a lawsuit brought by Sun Meadows Ventures,
developer of an annexed utility district. The suit alleges that the
City has withheld bond funds earmarked for construction by the
II plaintiff. The plaintiff seeks to recover $169,201 actual damages
for alleged unjust enrichment to the City, $200,000 actual damages
for alleged fraud and misrepresentation, $200,000 actual damages
for alleged negligence, and $500,000 exemplary damages. Management
Iof the City is of the opinion that such suit is without merit.
II4. PENSION PLAN
The City participates in the Texas Municipal Retirement System. All
fulltime employees are covered by the pension plan. The total pension
1 payments for the year ended September 30, 1980 were $23,171, which
includes amortization of prior service cost over 25 years. The City's
policy is to fund pension cost accrued. The total of the pension fund
II and balance sheet accruals less pension prepayments and deferred charges
at December 31, 1979 exceeded the actuarially computed value of vested
benefits by approximately $17,939. The unfunded prior service liability
IIwas $69,201 at December 31, 1979.
5. INVESTMENT IN JOINT VENTURE
IAt September 30, 1980 the City was a partner in a joint venture formed
to construct the Blackhawk regional sewage treatment plant. The City's
1 ownership in plant, based on its share of reserve capacity, is 57.69%.
The construction of the plant was substantially complete and the access
road was in the early stages of construction at September 30, 1980.
IAs of September 30, 1980, the City had grants receivable of $1 ,033,340
• (primarily from the Environmental Protection Agency) for the City's
portion of construction costs.
II
Total capital outlay by the venture for individually owned assets was
$3,436,767 through September 30, 1980.
IIThe Gulf Coast Waste Disposal Authority owns the land on which the plant
is located. The Authority has the jurisdiction for the service area and
II has contracts with the partners to operate the plant. A condensed bal-
ance sheet of the joint venture as of September 30, 1980 and a statement
of operations and partners' equity for the year then ended follow:
II
I
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iL IIRSON,YOUNG 6 co.
11
NOTES TO FINANCIAL STATEMENTS - 8
BALANCE SHEET (unaudited)
I!
ASSETS
Accounts receivable from the partners
$1 ,103,814
Blackhawk regional sewage treatment plant - at cost 7,384,066
Construction in progress - access road to the plant 50,415
11 $8,538,295
LIABILITIES AND PARTNERS' EQUITY
LIABILITIES
Cash overdraft $ 154,603
Accounts payable 949 211
11 1,103,814
PARTNERS' EQUITY
City of Friendswood 4,288,952
Clearwoods Improvement District 1,143,423
Harris County M.U.D. #55 1,430,394
Harris County M.U.D. #142 571,712
TOTAL PARTNERS' EQUITY 7,434,481
II
$8,538,295
11
I
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LRIRSON, YOUNG 6 CO
I
NOTES TO FINANCIAL STATEMENTS - 9
STATEMENT OF OPERATIONS AND PARTNERS' EQUITY (unaudited)
1
Other Financing Sources (Uses)
' Operating transfers in for construction of assets
owned by individual partners $2,499,281
Operating transfers out for construction of
assets owned by individual partners (2,499,281)
$ -0-
1
Partners' equity at October 1, 1979 $3,526,481
Capital contributed by the partners for the
regional plant and access road including
the federal EPA construction grants 3,908,000
PARTNERS' EQUITY AT SEPTEMBER 30, 1980 $7,434,481
1
The City's investment in the joint venture has been recorded in the
Enterprise (Water and Sewer) Fund.
•
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' LfIIRS' blING d Co
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NOTES -TO FINANCIAL STATEMENTS - 10
11
11
6. LONG-TERM DEBT
A summary of debt service requirements to maturity date for all long11
-
term debt of the City at September 30, 1980 follows:
Certificates of '
Year TOTAL Obligation and General
Ending Collateral Obligation Bonds
Sept. 30 Principal Interest Requirements Principal Interest I
1981 $ 202,000 $ 418,911 $ 24,000 $ 87,000 $ 193,874
1982 227,000 406,116 24,000 97,000 188,691 I
1983 237,000 392,048 24,000 107,000 183,073
1984 247,000 377,432 24,000 112,000 176,907
1985 322,000 361,938 24,000 132,000 170,288
1986 313,000 343,351 25,000 118,000 162,376 II
1987 328,000 324,052 123,000 155,714
1988 339,000 304,116 129,000 148,829
1989 305,000 284,295 140,000 141,295 II1990 325,000 264,189 150,000 132,876
1991 340,000 242,847 160,000 123,816
1992 . 364,000 220,444 164,000 114,278 111993 330,000 196,195 175,000 104,148
1994 350,000 171,658 190,000 92,530
1995 380,000 147,522 205,000 80,266
1996 405,000 122,169 220,000 66,825 II
1997 430,000 102,184 230,000 52,881
1998 425,000 76,908 205,000 39,201
1999 445,000 50,780 215,000 25,649 II2000 420,000 30,200 260,000 15,600
$6,734,000 $4,837,355 $145,000 $3,219,000 $2,369,117 II
A summary of changes in combined long-term debt during the year ended
September 30, 1980 follows: I
Balance Obligations Obligations Balance
Oct. 1, 1979 Issued Retired Sept. 30, 1980 1
$6,162,000 $910,000 $338,000 $6,734,000
11
1
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LfURSON. YOUNC 6 CO 11
•
1
Revenue Bonds and
' Combination Revenue
and Tax Bonds
Collateral
Principal Interest Requirements
' $ 115,000 $ 225,037 $ 24,000
130,000 217,425 24,000
' 130,000 208,975 24,000
135,000 200,525 24,000
190,000 191,650 24,000
' 195,000 180,975 25,000
205,000 168,338
210,000 155,287
165,000 143,000
175,000 131,313
180,000 119,031
200,000 106,166
' 155,000 . 92,047
160,000 79,128
175,000 67,256
185,000 55,344
200,000 49,303
220,000 37,707
230,000 25,131 •
160,000 14,600
$3,515,000 $2,468,238 $145,000
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' /j91RSON, YOUNG 8 CO
1
1 NOTES-TO FINANCIAL STATEMENTS - 11
6. LONG-TERM DEBT - continued
During the year ended September 30, 1980 the City sold $850,000
in revenue bonds to finance sanitary sewer system improvements.
Also, $60,000 of certificates of obligation were issued during
the year to purchase a fire truck.
In November, 1980 the City entered into a lease-with-option-to-
purchase contract of $96,386 to finance the purchase of an
additional fire truck.
1
7. GENERAL FIXED ASSETS
A summary of changes in general fixed assets for the year ended
September 30, 1980 follows:
Balance at Balance at
Oct. 1 , 1979 Additions Retirements Sept. 30, 1980
$4,473,254 $845,573 $56,468 $5,262,359
_ __________
1 •
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LAIRSON YOUNG 8 CO
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OTHER FINANCIAL INFORMATION
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-48-
' LAWSON.YOUNG 8 CO.
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IIGENERAL FUND
STATEMENT OF REVENUES - BUDGETED AND ACTUAL
IICITY OF FRIENDSWOOD, TEXAS
Years ended September 30, 1980 and 1979
I
II 1980
Actual
Over
(Under) 1979
IIBudget Actual Budget Actual
Operating revenue
I Taxes
General property $920,501 _ $940,590 $20,089 $901,922
Industrial districts 267,000 186,678 (80,322) 446,302
II Sales 150,000 275,675 125,675 211,822
Franchise 71,500 107,731 36,231 92,446
Beverage = 4,443 4,443 3,590
II1,409,001 1,515,117 106,116 1,656,082
Other revenue
1 Sanitation 232,000 268,481 36,481 212,093
Fines and forfeitures 47,000 103,447 56,447 69,228
Permits 25,000 40,070 15,070 49,805
I
Licenses and fees 4,000 3,3293,581 (671) 4,919
Other 2 23,581 37,864
II308,000 438,908 130,908 373,909
TOTAL OPERATING
REVENUE 1,717,001 1,954,025 237,024 2,029,991
1 . Non-operating revenue
Federal and state grants 31,960 • 140,002 108,042 70,175
1 Interest on investments 20,000 27,209 7,209 36,101
Donations 18,587 18,587 5,907
51,960 185,798 133,838 112,183
IITOTAL REVENUES 1,768,961 2,139,823 370,862 2,142,174
Other financing sources
IIProceeds of certificates of obligation - 60,000 60,000 -
- 60,000 60,000 -
ITOTAL REVENUES AND
OTHER FINANCIAL SOURCES $1,768,961 $2,199,823 $430,862 $2,142,174
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1 LBIRSON. YOUNG 4 CO.
II
II GENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY FUNCTION
IICITY OF FRIENDSWOOD, TEXAS
IIYears ended September 30, 1980 and 1979
II 1980
Actual
(Over)
Under 1979
II Budget Actual Budget Actual
General Government
1 Administration $ 335,934 $343,940 $ (8,006) $243,340
Municipal court 43,450 45,115 (1,665) 25,652
Engineering 31,100 25,085 6,015 50,659
II Inspections 35,097 36,801 (1,704) - 59,174
Planning and zoning 6,500 4,363 2,137 5,370
TOTAL GENERAL GOVERNMENT 452,081 455,304 (3,223) 384,195
1 Public Safety
Police 497,768 550,481 (52,713) 505,364
Fire 87,124 196,291 (109,167) 85,674
II Humane 19,932 15,853 4,079 19,804
Civil defense 500 2,400 (1,900) 103,592
TOTAL PUBLIC SAFETY 605,324 765,025 (159,701) 714,434
1 Streets and Drainage
Streets 221,941 255,541 (33,600) 229,456
II Drainage 22,250 11,641 10,609 3,108
TOTAL STREETS AND DRAINAGE 244,191 267,182 (22,991) 232,564
Sanitation 228,435 261,471 (33,036) 271,220
IITOTAL SANITATION 228,435 261,471 (33,036) 271,220
Culture and Recreation
II Library 91,934 96,756 (4,822) 83,511
Parks and recreation 74,261 104,438 (30,177) 141,488
Youth needs and opportunity
commission 1,200 2,256 (1,056) 2,087
630
IICommunity appearance 1,000 298 702
TOTAL CULTURE AND
RECREATION 168,395 203,748 (35,353) 227,716
II Health and Welfare
Community counseling center 50,274 45,844 4,430 40,400
Ambulance 14,950 15,829 (879) 35,868
II Health and welfare __ 47,825 61,527 _ (13, 702) 8,047
TOTAL HEALTH AND WELFARE 1 113 p49 123,200 �101_1.51) 84,315
TOTAL EXPENDITURES $1,811,475 $2,075,930 $( 264,455) $1,914,444
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ILRIRSON, YOUNG 6 CO.
1
GENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY FUNCTION - 2
1
i
1 1980
Actual
(Over)
Under 1979
Budget Actual Budget Actual
Other Financing Uses
' Operating transfers out - 37,489 (37,489) 28,237
TOTAL $1,811,475 $2,113,419 $(301,944) $1,942,681
Summary of Expenditures
Operating expenditures $1,711,897 $1,827 ,831 $(115,934) $1,503,091
Capital outlay 99,578 248,099 (148,521) 411,353
' Operating transfers out - 37,489 (37,489) 28,237
TOTAL $1,811,475 $2,113,419 $(301,944) $1,942,681
1
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LAIRSON,YOLIIYG 8 CO.
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IIGENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT
1 CITY OF FRIENDSWOOD, TEXAS
Years ended September 30, 1980 and 1979
II
I
1980
Actual
(Over)
I Under 1979
Budget Actual Budget Actual
General Government
I
Administration
Personal services $120,779 $117,020 $ 3,759 $77,421
Supplies and maintenance 17,700 20,584 (2,884) 8,726
1 Contractual services 189,430 195,683 (6,253) 81,547
Travel and training 5,125 3,768 1,357 3,829
Membership and subscription 1,350 1,271 79 1,614
I
Capital outlay 1,550 5,614 (4,064) 70,203
335,934 343,940 (8,006) 243,340
Municipal Court
I
Personal services 34,823 36,001 (1,178) 23,876
Supplies and maintenance 4,662 3,356 1,306 827
Contractual service 1,415 843 572 873
I Travel and training 750 468 282 - 6
Membership and subscription 250 24 226
Capital outlay 1,550 4,423 (2,873) 70
43,450 45,115 (1,665) 25,652
I Engineering
Personal services - - - 32,940
1 Supplies and maintenance 600
1,255 ( 655) 2,410
Contractual services 30,050 23,830 6,220 14,301
Membership and subscription 100 - 100 -
II ' Capital outlay 350 - 350 1,008
31,100 25,085 6,015 50,659
Inspections
II Personal services 28,847 30,085 (1,238) 43,834
Supplies and maintenance 3,350 3,932 (582) 2,469
Contractual services 800 211 589 5,473
I
Travel and training 600 566 34 478
Membership and subscription 300 177 123 105
Capital outlay 1,200 1,830 (630) 6,815
II35,097 36,801 (1,704) 59,174
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ILzIIRSON,JV(11VC d CO.
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IIGENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT - 2
I
I •
1 1980
Actual
(Over)
II Under 1979
Budget Actual Budget Actual
1 General Government - continued - -
Planning and Zoning
Personal services 912 (912)
Supplies and maintenance 300 307 (7) 374
1 Contractual services 5,200 3,019 2,181 4,717
Travel and training 900 900
Membership and subscription 100 - 100 -
1 Capital outlay - 125 (125) 279
6,500 4,363 2,137 5,370
IITOTAL GENERAL GOVERN-
•
MENT 452,081 455,304 (3,223) 384,195
II
I
II
•
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I
II
II
I
Lf1IRSON, YOUNG 8 CO
1
1 GENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT - 3
I
II
1980 _
Actual
1 •
(Over)
Under 1979
Budget Actual Budget Actual
1 Public Safety
Police Service
Personal services 411,188 431,176 (19,988) 370,705
II Supplies and maintenance 61,115 85,005 (23,890) 29,787
Contractual services 10,950 7,555 3,395 49,484
Travel and training 1,465 1,703 (238) 1,951
1 Membership and subscription 550 775 (225) 685
Capital outlay 12,500 24,267 (11,767) 52,752
497,768 550,481 (52,713) 505,364
1 Fire
Personal services 19,629 17,946 1,683 16,931
Supplies and maintenance 33,975 53,052 (19,077) 8,109
II
Contractual services 4,732 7,132 (2,400) 33,070
Travel and training 7,227 6,696 531 3,755
Membership and subscription 940 1,720 (780) 989
I Capital outlay 20,621 109,745 (89,124) 22,820
87,124 196,291 (109,167) 85,674
1 Humane
Personal services 15,925 12,018 3,907 10,132
Supplies and maintenance 2,657 1,823 834 888
Contractual services 700 2,012 (1,312) 1,357
II
Travel and training 100 100
Membership and subscription 50 50 -
. Capital outlay 500 - 500 7,427
1 19,932 • 15,853 4,079 19,804
Civil Defense .
1 Supplies and maintenance 500 2,400
2,400 (1,900) 103,592
500 (1,900) 103,592
IITOTAL PUBLIC SAFETY 605,324 765,025 (159,701) 714,434
1
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1 LdIRSON.YOUNG 6 CO
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IIGENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT - 4
1
1980
II Actual
(Over)
Under 1979
1 Budget Actual Budget Actual
Streets and Drainage
II Streets
Personal services 116,391 99,559 16,832 87,416
Supplies and maintenance 78,300 95,256 (16,956) 21,398
Contractual services 14,700 21,334 (6,634) 52,742
1 Travel and training 400 - 40 360
Membership and subscription 50 50
Capital outlay 1.2,100 39,352 (27 ,252) 67,900
I221,941 255,541 (33,600) 229,456
Streets and Drainage
II Drainage
Supplies and maintenance 12,250 10,289 1,961 1,528
Contractual services - - - 1,580
Capital outlay 10,000 1,352 8,648 _ -
I 22,250 11,641 10,609 3_,108
TOTAL STREETS AND
DRAINAGE 244,191 267,182 (22,991) 232,564
1
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IIMIRSON,Y NC f CO.
1
1 GENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT - 5
II
I1980
Actual
1 (Over)
Under 1979
Budget Actual Budget Actual
1 Sanitation
Sanitation
Personal services 152,115 155,950 (3,835) 145,373
I Supplies and maintenance 53,975 69,733 (15,758) 23,271
Contractual services 20,975 32,716 (11,741) 67,288
Membership and subscription 20 - 20 -
ICapital outlay 1,350 3,072 (1,722) 35,288
TOTAL SANITATION 228,435 261,471 (33,036) 271,220
I
Culture and Recreation
Library
Personal services 62,254 65,414 (3,160) 56,505
1 Supplies and maintenance 3,580 5,172 (1,592) 1,515
Contractual services 6,692 6,291 401 7,491
Travel and training 980 672 308 856
I
Membership and subscription -
18 64 (64) 981
Capital outlay ,428 19,143 (715) 16,163
91,934 96,756 (4,822) 83,511
1 Parks and Recreation
Personal services 43,061 41,652 1,409 18,067
Supplies and maintenance 18,425 22,138 (3,713) 7,328
1 Contractual services 5,825 6,395 (570) 14,756
Travel and training 300 631 (331) -
Membership and subscription 50 167 (117) -
Capital outlay 6,600 • 33,455 (26,855) 101,337
II74,261 104,438 (30,177) 141,488
Youth Needs and Opportunity .
1 Commission Personal services - 1,357 (1,357) -
Supplies and maintenance 500 576 (76) 1,001
1 Contractual services 107 593 ` 1,086
Travel and training 216 (216) -
1,200 2,256 (1,056) 2,087
I
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IILf1IRSON, YOUNG 8 CO
1
GENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT - 6
1
1 1980
Actual
1 (Over)
Under 1979
Budget Budget Budget Actual
1 Community Appearance -
Personal services 45 (45)
Supplies and maintenance 1,000 253 747 274
' Capital outlay -0- - - 356
1,000 298 702 630
1 TOTAL CULTURE AND
RECREATION 168,395 203,748 (35,353) 227,716
1
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' MIRSON,YQ�INC 6 CO.
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1 GENERAL FUND
STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL - BY OBJECT - 7
1
I1980
Actual
1 (Over)
Under 1979
Budget Actual Budget Actual
1 Health and Welfare
Community Counseling Center
Personal services $32,872 $31,600. $ 1,272 $30,124
II Supplies and maintenance 2,126 6,039 (3,913) 763
Contractual services 6,802 4,571 2,231 6,444
Travel and training 1,600 2,487 (887) 676
Membership and subscription 45 648 (603) 9
I
Capital outlay 6,829 499 6,330 _ 2,384
50,274 45,844 4,430 40,400
I
Ambulance
Supplies and maintenance 6,950 9,480 (2,530) 5,345
Contractual services -0- 120 (120) 3,395
I Travel and training 2,000 1,007 -993 556
Membership and subscription -0- 21
Capital outlay 6,000 5,222 778 26i551
14,950 15,829 (879) 35,868
1 Health and Welfare
Supplies and maintenance 38,500 52,552 (14,052) -
1 Contractual services 9,325 8,975 350 8,047
47,825 61,527 (13,702) 8,047
I
TOTAL HEALTH AND
WELFARE 113,049 123,200 (10,151) 84,315
• TOTAL EXPENDITURES 1,811,475 7,075,930 (264,455) 1,914,444
II Other Financing Uses
Operating transfers out - 37,489 (37,489) 28,237
ITOTAL $1,811,475 $2,113,419 $(301,944) $1,942,681
a-s=� c===ssssss ss=s =assama===
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ENTERPRISE FUND
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MASON.YOUNG 6 CO
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1 ENTERPRISE FUND (WATER AND SEWER FUND)
STATEMENT OF REVENUE AND EXPENDITURES - BUDGETED AND ACTUAL
IICITY OF FRIENDSWOOD, TEXAS
Years ended September 30, 1980 and 1979
II
II 1980
Actual
• Over
(Under) 1979
IIBudget Actual Budget Actual
Operating revenues
II
Water and sewer charge $671,000 $787,878 $116,878 $519,479
Fees and penalties 12,250 16,324 4,074 11,048
1 WCID #108 sewer fee 95,000 89,667 (5,333) 93,501
Allowance on prior year WCID
#108 sewer fees (15,922) (15,922)
1 TOTAL OPERATING REVENUES 778,250 877,947 99,697 624,028
Operating expenses
1 Water Department
Personal services 124,938 120,694 (4,244) 80,725
Supplies and maintenance 37,340 68,250 30,910 17,512
II Contractual services 46,500 62,409 15,909 94,258
Travel and training 500 483 (17) 426
Membership and subscription 50 39 (11) 8
209,328 251,875 42,547 192,929
1 Sewer Department
Personal services 121,395 111,659 (9,736) 126,140
1 Supplies and maintenance 57,610 94,669 37,059 15,541
Contractual services 52,700 104,123 51,423 163,455
Travel and training 1,100 1,506 406 389
1 . Membership and subscription 50 66 16 -0-
232,855 312,023 79,168 305,525
Bad debts 602 602 2,575
Depreciation 95,665 95,665 105,149
II442,183 660,165 217,982 606,178
1 OPERATING REVENUES
OVER EXPENSES 336,067 217,782 (118,285) 17,850
1
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tLAIRSON,YOUNG 8 CO
1 ENTERPRISE FUND (WATER AND SEWER FUND)
STATEMENT OF REVENUE AND EXPENDITURES - BUDGETED AND ACTUAL - 2
' 1980
Actual
Over
' (Under) 1979
Budget Actual Budget Actual
Non-operating revenue (expenses)
Taps and connections 62,400 41 ,194 (21 ,206) 50,775
Interest income 22,295 22,295 15,632
Other income 1,852 1,852 16,052
Interest expense (185,515) (223,101) (37,586) (151,853)
Bond cost amortization (5,000) (5,000)
(123,115) (162,760) (39,645) (69,394)
INCOME (LOSS) BEFORE OPERATING
TRANSFERS 212,952 55,022 (157,930) (51 ,544)
Operating transfers in 73,759
' NET INCOME $212,952 $ 55,022 $(157,930) $ 22,215
1
1
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II
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' LffIRSON YOUNG 6 CO
I
1 ENTERPRISE FUND (WATER AND SEWER FUND)
STATEMENT OF CHANGES IN FINANCIAL POSITION - BUDGETED AND ACTUAL
IICITY OF FRIENDSWOOD, TEXAS
IIYears ended September 30, 1980 and 1979
II 1980
Actual
Over
I
(Under) 1979
Budget Actual Budget Actual
I
SOURCES OF FINANCIAL RESOURCES
Operations
Net income for the year $212,952 $55,022 $(157,930) $22,215
IExpenses not requiring cur-
rent outlay of financial
resources - depreciation -0- 95,665 95,665 105,149
II
Financial resources provided
from operations 212,952 150,687 (62,265) 127,364
IIRetirement of property, plant
and equipment - - - 23,288
II
Contributed capital _ 4,944,563 4,944,563 873,443
Residual equity transfers 96,706 96,706
Sale of revenue bonds - 850,000 850000 -
212,952 6,041,956 5,829,004 1,024,095
II
USES OF FINANCIAL RESOURCES
Acquisition of property, plant
II
and equipment including
$1,061,285 of construction
in progress 44,600 1,157,399 1,112,799 1,481,011
1 . Investment in joint-venture - 3,988,374 3,988,374 311,543
Retirement of long-term debt 185,335 195,000 _ 9,665 30,000
229,935 5,340,773 5,110,838 1,822,554
IIINCREASE (DECREASE) IN
WORKING CAPITAL $(16,983) $701,183 $718,166 $(798,459)
II
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,. L19nRS0N.YOUNG 6 CO.
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I
Total Total
Contributed Fund
Capital Equity
$2,077,441 $3,763,798
11 55,022
4,002,930 4,002,930
96,706 96,706
68,000 68,000
' 873,633 • 873,633
$7,118,710 $8,860,089
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' L MSON.YOUNG 6 CO.
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ENTERPRISE FUND (WATER AND SEWER FUND)
11
LONG-TERM DEBT BY MATURITY DATE - SUMMARY
CITY OF FRIENDSWOOD, TEXASI
September 30, 1980
II
COMBINATION TA' AND
REVENUE BONDS ACQUIRED
TOTAL FROM ANNEXED II
Year Ending Collateral UTILITY DISTRICTS
Sept. 30 Principal Interest Requirements Principal Interest
11
1981 $ 115,000 $ 225,037 $ 24,000 $ 50,000 $ 144,300
1982 130,000 217,425 24,000 60,000 140,575
1983 130,000 208,975 24,000 60,000 136,175II
1984 135,000 200,525 24,000 65,000 131 ,775
1985 190,000 191 ,650 24,000 70,000 126,950
1986 195,000 180,975 25,000 75,000 121 ,700
1987 205,000 168,338 80,000 116,025 II
1988 210,000 155,287 85,000 110,100
1989 165,000 143,000 90,000 103,750
1990 175,000 131 ,313 95,000 96,975
1991 180,000 119,031 100,000 89,775
1992 200,000 106,166 115,000 82,150
1993 155,000 92,047 120,000 73,425
1994 160,000 79, 128 125,000 64,275 II
1995 175,000 67,256 135,000 54,700
1996 185,000 55,344 145,000 45,238
1997 200,000 49,303 155,000 41,800II
1998 220,000 37,707 170,000 33, 113
1999 230,000 25,131 180,000 23,600
2000 160,000 14,600 160,000 14,600II
$3,515,000 $2,468,238 $145,000 42,135,000 $1 ,751 ,001
========
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LRIRSON. YOUNG d CO I
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REVENUE BONDS
Collateral
Principal Interest Requirements
$ 65,000 $ 80,737 $ 24,000
70,000 76,850 24,000
70,000 72,800 24,000
70,000 68,750 24,000
120,000 64,700 24,000
11 120,000 59,275 25,000
125 ,000 52,313
125,000 45,187
75,000 39,250
e 80,000 34,338
80,000 29,256
85,000 24 ,016
35,000 18,622
35,000 14,853
40,000 12,556
40,000 10,106
45,000 7,503
50,000 4,594
50,000 1,531
$1 ,380,000 $717,237 $145,000
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I
I
ENTERPRISE FUND (WATER AND SEWER FUND)I
LONG-TERM DEBT - BY MATURITY DATE
CITY OF FRIENDSWOOD, TEXAS
I
September 30, 1980
I IBINATION TAX AND REVENUE BONDS
lED FROM ANNEXED UTILITY DISTRICTS
Waterworks and Sewer
arworks and Sewer Waterworks and Sewer System Combination
I Item Combination System Combination Tax and Revenue Re-
Ix and Revenue Tax and Revenue funding Bonds -
TOTAAda - Series 1970 Bonds - Series 1970-A Series 1972
Year Ending inmeadow M.U.D.) (Sunmeadow M.U.D.) (Sunmeadow M.U.D.)
Sept. 30 Principal Intere*cipal Interest Principal Interest Principal Interest
I 1981 $ 115,000 $ 225,6,000 $ 37,825 $ 45,900 36,075
1982 130,000 217,0,000 34,850 45,900 36,075
1983 130,000 208,9,000 31,450 45,900 36,075
1984 135,000 200,5,000 28,050 45,900 36,075
I
1985 190,000 191,0,000 24,225 45,900 36,075
1986 195,000 180,4,000 19,975 45,900 36,075
1987 205,000 168,5,000 15,300 45,900 36,075
1988 210,000 155,9,000 10,625 45,900 36,075
1989 165,000 143,6,000 5,525 45,900 36,075
I
1990 175,000 131,: $ 70,000 45,900 36,075
1991 180,000 119,( 75,000 39,950 36,075
1992 200,000 106,: 85,000 33,575 36,075
1993 155,000 92,( 90,000 26,350 36,075
I 1994 160,000 79,i 95,000 18,700 36,075
1995 175,000 67,: 70,000 10,625 $ 35,000 36,075
1996 185,000 55,: 4,675 115,000 34',063
1997 200,000 49,: 4,675 125,000 32,125
1998 220,000 37,' 4,675 135,000 24,938
I
1999 230,000 25,: 4,675 145,000 17,175
2000 160,000 140_ 55,000 4,675 105,000 9,925
$3,515,000 $2,468,5,000 $207,825 $540,000 $611,575 $660,000 $659,351
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TRUST AND AGENCY FUNDS
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' Agency Funds
Property Total Trust
' Sales Returned Tax Clearing and
Tax Fund Check Fund Account Agency Funds
1 $427 $8,082 $ 8,510
97,614
11 ,762 73 16,813
I 145
' 57,200
$11 ,763 $500 $8,082 $180,282
1
$ 145
$11 ,763 $500 $6,546 18,809
' 1,536 1 ,536
11 ,763 500 8,082 20,490
70,396
' 89,396
159,792
' $11 ,763 $500 $8,082 $180,282
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' Lfl/R.SON. YOUNC 6 CO.
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il
COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
CHANGES IN FUND BALANCES - ALL EXPENDABLE TRUST FUNDS
IICITY OF FRIENDSWOOD, TEXAS
Year ended September 30, 1980
1
Expendable Trust Funds
II
1776 Park Trust Performance
Endowment Revenue Deposit
Fund Fund Total
II
REVENUES
1 Interest on investments $ 413 $ 4,966 $ 5,379
OTHER FINANCING SOURCES
Operating transfers in 710 710
IIREVENUES AND OTHER SOURCES $1,123 4,966 6,089
IIFund balances at October 1, 1979 - - -
I
Other changes in fund balances Residual equity transfer-in 2,073 - 2,073
Performance bond deposit - 84,430 84,430
I
FUND BALANCES AT SEPTEMBER 30,
1980 $3,196 $89,396 $92,592
1
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' !
L1/J1SON
I YOUNG 6 CO.
1
I COMBINING STATEMENT OF CHANGES IN ASSETS AND
LIABILITIES - ALL AGENCY FUNDS
1 CITY OF FRIENDSWOOD, TEXAS
Year ended September 30, 1980
IIBalance at Balance at
Oct. 1, 1979 ADDITIONS DEDUCTIONS Sept. 30, 1980
1 SALES TAX FUND
ASSETS
Cash $ - $ 273,487 $ 273,486 $ 1
1 Sales tax receivable 9,575 275,674 273,487 11 ,762
TOTAL ASSETS $ 9,575 $ 549,161 $ 546,973 $11 ,763
I
LIABILITIES
. Due to general fund $ 9,575 $ 266,099 $ 263,911 $11 ,763
IRETURNED CHECK FUND
ASSETS
ICash $ 130 $ 5,757 $ 5,460 $ 427
Returned checks receivable 70 5,460 5,457 73
TOTAL ASSETS $ 200 $ 11 ,217 $ 10,917 $ 500
ILIABILITIES
Due to General Fund $ 200 S 300 $ - $ 500
1
PROPERTY TAX CLEARING ACCOUNT
ASSETS
IICash $ 1 ,186 $1 ,219,483 $1 ,212,587 $ 8,082
LIABILITIES
1 Due to General Fund $
950 $ 953,801 $ 948,205 $ 6,546
Due to Debt Service Fund 236 265,682 264,382 1 ,536
1 TOTAL LIABILITIES $ 1 ,186 $1 ,219,483 $1 ,212,587 $ 8,082
TOTALS - ALL AGENCY FUNDS
II ASSETS
Cash $ 1 ,316 $1 ,498,727 $1 ,491 ,533 $ 8,510
Accounts Receivable 9,645 281 ,134 278,944 11 ,835
IITOTAL ASSETS $10,961 $1 ,779,861 $1 ,770,477 $20,345
LIABILITIES
II Due to General Fund $10,725 $1 ,220,200 $1 ,212, 116 $18,809
Due to Debt Service Fund 236 265,682 264,382 1,536
ITOTAL LIABILITIES $10,961 $1,485,882 $1 ,476,498 $20,345
I
-72-
LIIIRSON. YOUNG 6 CO
t
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GENERAL FIXED ASSETS ACCOUNT GROUP
1
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-73- .
' LifIRSON, YOUNG 8 CO.
I
GENERAL FIXED ASSETS ACCOUNT GROUP
!I
STATEMENT OF CHANGES IN GENERAL FIXED ASSETS
CITY OF FRIENDSWOOD, TEXAS
Year ended' September 30, 1980
Balance
•
Oct. 1, 11
1979 Additions
GENERAL FIXED ASSETS
Land $190,404 $ 22,502
Buildings 541,558 267,317
Improvements other than buildings 1,655,493 1,678,547
Equipment 734,686 201 ,292
Construction in progress 1,351 ,113 489,787
Reclassification of completed construction projects - (1,813,872) II
$4,473,254 $ 845,573
11
INVESTMENTS IN GENERAL FIXED ASSETS BY SOURCE
General obligation bonds $2,301,113 $ 451,162
General fund revenues 1,427,833 208,724
Time warrants and certificates of obligation 107,000 60,000
County government grants 10,000
State government grants 50,000
Federal government grants 467,767 107,687
11
Gifts 109,541 18,000
$4,473,254 $ 845,57311
11
11
-74-
MIRSON, MEW 6 CO 11
1
1
1
i
Balance
Sept. 30,
Retirements 1980
212,906
808,875
3,334,040
$ 56,468 879,510
1,813,872 27,028
(1,813,872)
' $ 56,468 $5,262,359
1
e $2,752,275
$ 56,468 1,580,089
167,000
10,000
11 50,000
575,454
127,541
$ 56,468 $5,262,359
1
—75—
' IAIRSON,YOUNG 8 CO
1
GENERAL FIXED ASSETS ACCOUNT GROUP
STATEMENT OF GENERAL FIXED ASSETS - BY FUNCTIONS
CITY OF FRIENDSWOOD, TEXAS
September 30, 1980
1
' General Government $ 323,813
Public Safety 602,174
' Streets and Drainage 3,092,307
Sanitation 253,614
' Culture and Recreation 949,501
' Health and Welfare 40,950
Total General Fixed Assets $5,262,359
e
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-76-
' Lf11RSON, YOUNC Q CO.
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GENERAL LONG-TERM DEBT ACCOUNT GROUP
1
1
e
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e
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1
-77-
' UBISON. YOUNG 8 CO
1
1
Debt Service
Obligations Fund Balance
' Retired Operations Sept. 30, 1980
$ (4,812) $ 117,551
$78,000 4,812 3,101,449
$78,000 $ -0- $3,219,000
1
$22,000 $ 75,000
56,000 3,144,000
$78,000 $3,219 ,000
1
1
1
1
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1
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COMBINED SCHEDULES
1
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-81-
MIRSON. YOYING 8 CO
II
II COMBINED SCHEDULE OF DELINQUENT PROPERTY TAXES RECEIVABLE -
GENERAL AND DEBT SERVICE FUNDS
1 CITY OF FRIENDSWOOD, TEXAS
September 30, 1980
I
II Debt
General Service
II Year Fund Fund Total
1979 442,154 $11 ,890 $ 54,044
1978 16,474 4,088 20,562
II 1977 7, 142 3,006 10, 148
1976 4,141 2,238 6,379
1975 4,370 1,658 6,028
II 1974 2,984 841 3,825
1973 265 75 340
1972 416 73 489
II 1971 141 86 227
1970 126 78 204
1969 149 34 183
1968 140 73 213
1 1967 91 67 158
1966 113 56 169
IITOTAL DELINQUENT TAXES ;78,706 $24,263 $102,969
1
II
I!
II
II
II
-82-
' LARRSON. TOM 8 CO.
1
1
IMaturity Book
Date Value
1
- $ 4,938
' 10-4-80 160,127
10-24-80 61,213
10-24-80 1,253
222,593
1
' 10-16-80 78,500
10-27-80 6,113
84,613
1
I10-18-80 • 3,001
I
1-21-83 10,000
$325,145
I
-84-
' LA/RSON. YOUNG 6 CO.
1
11 COMBINED SCHEDULE OF LONG-TERM DEBT - ALL FUNDS AND ACCOUNT GROUP
CITY OF FRIENDSWOOD, TEXAS
II September 30, 1980
II
Date of Outstanding at
Interest Date Amount Final Sept. 30,
IIDescription Rate of Issue of Issue Maturity 1980
General Obligation Bonds
IWaterworks and Sewer
System Unlimited Tax
1 Bonds, Series 1962
(Galveston County Water
Control and Improvement
District No. 15) 4.50% 10-1-62 4150,000 3-1-99 $ 150,000
IWaterworks and Sewer
System Unlimited Tax
1 Bonds, Series 1963
(Galveston County Water
Control and Improvement
District No. 15) 4.25 10-1-63 112,000 3-1-92 100,000
II
Sewer Improvement Bonds,
Series 1967 4.20 3-1-67 120,000 3-1-88 120,000
11 General Obligation
Refunding Bonds ,
IISeries 1969 5.00 3-1-69 257,000 3-1-93 174,000
General Obligation
Bonds, Series 1973 5.50 7-1-73 120,000 4-1-88 100,000
II
Drainage Improvement
Bonds, Series 1973 6.00 11-1-73 25,000 6-1-90 " 25,000
11 6. 10 11-1-73 75,000 6-1-95 75,000
General Obligation
1 Bonds, Series 1974 7.909-1-74 345,000 3-1-94
355,000 3-1-99 325,000
7.75 9-1-74 355,000
Street Improvement
II Bonds, Series 1977 5.50 10-1-77 475,000 6-1-92 475,000
5.75 10-1-77 320,000 6-1-96 320,000
6.00 10-1-77 555,000 6-1-2000 555,000
II
I
Lf!/RSOIV.8YOUNG d CO
I
IICOMBINED SCHEDULE OF LONG-TERM DEBT - ALL FUNDS AND ACCOUNT GROUP - 2
II
I
Date of Outstanding at
Interest Date Amount Final Sept. 30,
1 Description Rate of Issue of Issue Maturity 1980
General Obligation Bonds
U (continued)
General Obligation
Bonds, Series 1979 7.00% 8-1-79 $125,000 3-1-88 $ 125,000
II6.30 8-1-79 15,000 3-1-88 15,000
5.55 8-1-79 45,000 3-1-90 45,000
5.60 8-1-79 25,000 3-1-91. 25,000
II 5.65 8-1-79 25,000 3-1-92 25,000
5. 70 8-1-79 25,000 3-1-93 25,000
5.80 8-1-79 25,000 3-1-94 . 25,000
II 5.90 8-1-79 25,000 3-1-95 25,000
6.00 8-1-79 60,000 3-1-96 60,000
TOTAL GENERAL OBLIGATION BONDS 3,144,000
II
Equipment purchase
Certificates of
11 Obligation,
Series 1976 5.75 7-1-76 55,000 7-1-81 15,000
Series 1980 7.00 9-1-80 60,000 9-1-85 60,000
IITOTAL CERTIFICATES OF OBLIGATION 75,000
Combination Tax and
I! Revenue Bonds Acquired •
from Annexed Utility Districts
I! Waterworks and Sewer
System Combination
Tax and Revenue Bonds,
I! Series 1964 (Galveston
County Water Control
and Improvement
District No. 21) 5.00 11-1-64 • 600,000 8-1-99 490,000
I!
Waterworks and Sewer
System Combination Tax
11 and Revenue Bonds,
Series 1970 (Sunmeadow
M.U.D. ) 8. 50 4-1-70 600,000 4-1-89 445,000
-86-.
' LR/RSON, YOUNG 8 CO.
F
11 COMBINED SCHEDULE OF LONG-TERM DEBT - ALL FUNDS AND ACCOUNT GROUP - 3
I
IIDate of Outstanding at
Interest Date Amount Final Sept. 30,
IIDescription Rate of Issue of Issue Maturity 1980
Combination Tax and
II Revenue Bonds Acquired
from Annexed Utility
Districts (continued) -
II . Waterworks and Sewer
System Combination Tax
and Revenue Bonds,
11 Series 1970-A (Sun-
meadow M.U.D. ) 8.50% 7-1-70 $540,000 4-1-2000 $ 540,000
1 Waterworks and Sewer
System Combination
Tax and Revenue Refund-
ing Bonds, Series 1972
II (Sunmeadow M.U.D. ) 5.75 10-1-72 410,000 4-1-98 410,000
10-1-72 250,000 4-1-2000 250,000
I TOTAL COMBINATION TAX AND REVENUE
BONDS ACOUIR:ED FROM ANNEXED UTILITY DISTRICTS 2,135,000
1 Revenue Bonds
Waterworks and Sanitary
Sewer System Revenue
II Bonds, Series 1969 6.50 5-1-69 340,000 3-1-90 220,000
6.125 5-1-69 360,000 3-1-99 360,000
•
1! Waterworks and Sanitary
Sewer System Revenue
Bonds, Series 1979 5.50 10-1-79 150,000 3-1-87 150,000
6.25 10-1-79 100,000 3-1-89 100,000
I! 6.50 10-1-79 150,000 3-1-92 150,000
Waterworks and Sanitary .
11 Sewer System Junior
Lien Revenue Bonds,
Series 1979 5.50 " 1-1-80 450,000 3-1-92 400,000
II •
TOTAL REVENUE BONDS 1 ,380,000
TOTAL LONG-TERM DEBT $6,734,000
-87-
IMIRSON. YOUNC 8 CO
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STATISTICAL SECTION
111
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EXHIBIT I
0�
Culture- Debt
Recreation Service Total
$ 26,151 $ 48,022 $296,166
24,372 43,385 334,359
36°403 47,834 465,459
�~ 154°205 47,002 690,677
60°938 I23,I91 862,495
81,488 151,053 1,126,989
184°759 140,810 1,297,217
180,216 I58,108 I,524,721
�~ 391,512 272,800 2,290,996
208"473 274,096 2,458,212
N�
m�
-90-
��
I
EXHIBIT II
Fines and Miscellaneous
Forfeits Revenue Total
$ 12,385 $ 383 $ 340,570
15,311 473 336,053
12,585 8,237 508,895
10,732 28,446 693,388
12,784 16,328 923,150
14,514 15,937 1,392,193
19,103 15,876 1,726,926
25,542 28,078 2,055,216
69,228 43,771 2,464,699
103,447 42,168 2,495,035
I!
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-92-
I!
1: TAX REVENUES BY SOURCE EXHIBIT III
CITY OF FRIENDSWOOD, TEXAS
I! Ten years ended September 30, 1980
I
Business
I! General General Gross Industrial
Total Property Sales Receipts District Beverage
Fiscal Year Taxes Taxes Tax Taxes Taxes* Tax
I! 1970-71 $253,902 $219,764 $ 15,096 $ 19,042 $ - $ -
1971-72 283,439 235,418 26,365 21,656 - --
11
1972-73 350,111 291,360 33,612 25,139. -
II1973-74 454,106 372,003 49,219 31,671 - 1,213
1974-75 740,335 630,913 68,863 38,432 2,127
1 1975-76 1,138,633 829,712 104,320 50,514 151,404 2,683
1976-77 1,421,916 956,474 119,044 63,229 280,053 3,116
II
1977-78 • 1,518,773 1,012,351 154,946 77,047 270,982 3,447
II1978-79 1,862,738 1,128,611 191,789 92,446 446,302 3,590
1979-80 1,780,798 1,206,271 275,675 107,731 186,678 4,443
II
*Contract with Industrial District from 1976 to 1980 and a new contract from
I! 1980 to 1982 guaranteeing at least $300,000 a year.
I! ' •
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-93-
I!
I! EXHIBIT IV
II
•
I Total Outstanding
Collection Delinquent
as a Per Taxes as a
Delinquent Total Cent of Outstanding Per Cent of
1 Tax Tax Current Delinquent Current
Collections Collections Levy Taxes Levy
I $ 7,902 $ 219,764 101 .67% a 8,885 4. 11%
5,141 235,418 101 .54 5,141 2.21
II1,920 287,385 99.55 10,794 3.74
9,489 372,003 100.14 11,187 3.01
II
9,608 630,913 96.01 43,713 6.64
II27,382 829,712 99.51 47,517 5.69
24,216 956,474 99 .48 52,130 5.42
II24,979 1,012,351 99.06 61 ,533 6.02
22,800 1 ,128,611 98.31 79,839 6.95
1 30,758 1,206,271 97.92 102,969 8.36
II
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I!
-95-
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I! •
EXHIBIT V
II
II Total — Ratio of
Estimated Assessed Total Assessed Value
Assessed Actual Value of Taxable Assessed to Estimated
iValue Value Exemptions Value Actual Value
$ 21,939,732 $ 36,566,220 $ 324,230 $ 21,615,502 60%
1 23,532,674 39,221,123 347,770 23,184,904 60
32,558,663 54,264,438 481,220 32,077,443 60
II41,402,914 69,038,190 126,690 41,276,224 60
59,970,730 99,951,210 139,005 59,831,725 60
69,959,290 116,598,820 474,790 69 484,500 60
II80,701,180 134,501,970 581,095 80,120,085 60
89,535,720 149,226,200 671,810 88,863,910 60
1 100,552,290 167,587,150 573,900 99,978,390 60
I! 107,751,920 179,586,533 633,440 107,118,480 60
I! •
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• I!
-97-
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I!
I! EXHIBIT VI
1
I
Ratio of Net
® Net
Bonded Debt Net Bonded
�i Bonded to Assessed Debt Per
Debt Value % Capita
4' 2,023,368 9.2% $ 595. 78
1,979,634 8.4 532. 59
3,596,156 11.0 727.67
4,658,111 11.3 685.32
4,644,939 7. 7 620.98
4,464,817 6.4 539.16
4,423,965 5. 5 490. 68
5,596,227 6.3 554.41
6,039,637 6.0 559.17
6,616,449 6.1 642. 31
I
I!
I!
I!
I!
I!
-99-
11
I!
EXHIBIT VII
I!
I!
I! City of Friendswood's
Share of Debt
I! $ 467,100
11 130,000
8,166,249
1 ,201 ,490
2,262
11 9,967,101
6,616,449
$16,583,550
I
I
It
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I
I
-101-
II
I!
. EXHIBIT VIII
II
I .
Clear Creek
Galveston Harris Drainage
County County District Total
II
TAX RATE
II $1.03 $1.15 $ - $6.71
.92 1.09 - 6.52
.92 1.10 - 6.37
11 .92 1.12 - 6.47
.92 1.09 .10 6.86
.92 1.13 .10 6.94
II .97 1.16 .10 7.17
.97 1..11 .10 7.01
.94 1.10 .10 6.68
.925 1.10 .08 5.885
TAX LEVIES
II $ 4,793,105 $ 38,405,903 $ - $ 50,462,036
4,492,187 45,557,956 - 57,823,387
4,841,192 49,954,878 - 63,380,396
II 4,947,056 56,781,717 - 70,950,225
5,832,464 62,247,940 80,696 79,050,404
7,193,689 75,401,000 85,351 94,935,414
9,170,621 150,413,705 91,534 173,228.134
I! 10,478,788 86,209,774 99,764 110,565,016
10,719,130 140,067,072 113,473 168,819,858
11,807,515 152,422,186 101,276 184,712,656
I! '
I! Unlimited Unlimited $.10
Statutory Statutory Statutory
10-1. 10-1 10-1
II
2-1 2-1 2-1
11 11% on 6-1 .5% per month 10.5% on 2-1
plus .5% for beginning plus .5% for
each month 2-1 each month
thereafter thereafter
-103-
1!
I! EXHIBIT IX
1
1
1973 1972 1971 1970
$.792 $.765 $ .62 $ .61
. 108 . 135 .38 .39
$ .90 $ .90 $1 .00 $1 .00
I
I!
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I!
F
I!
F
I
-105-
I
I!
I!
SPECIAL -ASSESSMENT COLLECTIONS EXHIBIT X
CITY OF FRIENDSWOOD, TEXAS
I!
Ten years ended September 30, 1980
I!I
The City did not levy any special assessments during the ten years ended
September 30, 1980.
I
1!
I!
I!
I
1 •
I
I!
-106-
1
1!
I! RATIO. OF ANNUAL DEBT SERVICE EXPENDITURES EXHIBIT XI
FOR DIRECT TAX SUPPORTED DEBT TO
I
TOTAL GENERAL GOVERNMENTAL EXPENDITURES
CITY OF FRIENDSWOOD, TEXAS
Ten years ended September 30, 1980
IIRatio of Debt Service
Total Total to Total General
Debt General Governmental
IIFiscal Year Principal Interest Service E pense Expenditures
1970-71 $ 10,000 $ 38,922 $48,922 $296,166 16.51%
I! 1971-72 10,000 33,385 43,385 334,359 12.98
1972-73 15,000 32,834 47,834 465,459 10.28
II
1973-74 15,000 32,002 47,002 690,677 6. 81
1974-75 23,000 100,191 123,191 862,495 14.28
1975-76 49,000 102,053 151,053 1,126,989 13.40
I! 1976-77 41,000 99,810 140,810 1,297,217 10.85
1977-78 58,000 100,108 158,108 1,524,721 10. 37
I!
1978-79 56,000 216,800 272,800 2,290,996 11. 91
II1979-80 78,000 196,096 274,096 2,458,212 . 11.15
I!
Includes the General, Debt Service, and Special Revenue Funds.
r
I!
11
I
-107-
1
I!
I!
EXHIBIT XII
I
I
1 Revenue Bond Combination Revenue & Tax Bonds
Debt Service Requirements Debt Service Requirements Debt Debt
Service Service
IIPrincipal Interest Total Principal Interest Total Requirements Coverage
$ 5,000 $ 43,988 $48,988 $ - $ 30,000 $30,000 $ 78,988 1.17
I! , 10,000 43,500 53,500 10,000 30,000 40,000 93,500 1.24
10,000 42,850 52,850 10,000 29,500 39,500 92,350 1.20
11 10,000 42,200 52,200 10,000 190,025 200,025 252,225 .32
11 10,000 41,550 51,550 2.5,000 189,525 214,525 266,075 .22
15,000 40,738 55,738 35,000 173,725 208,725 264,463 .27
II15,000 39,762 54,762 40,000 157,075 197,075 251,837 .64
15,000 • 38,788 53,788 45,000 154,200 199,200 252,983 .81
1! 15,000 37,812 52,812 45,000 150,900 195,900 248.712 .70
r. 215,000 88,908 303,908 45,000 147,600 192,600 496,508 .63
il *
I.
-109-
1!
I! COMPUTATION OF LEGAL DEBT MARGIN EXHIBIT XIII
I! CITY OF FRIENDSWOOD, TEXAS
Fiscal year ended September 30, 1980
notI!
I!
mandate anydebt limit for the City.
The law does Y
1!
I!
I!
I!
I!
I
I
I!
I
I
I!
Ir -110-
I!
EXHIBIT XIV
Co-
Insurance Begins Term Premium
1
80% 1-5-80 1 yr. $ 1,180
80% 4-10-80 1 yr. 1,562
80% 3-24-78 3 yrs. 2,646
11
I! 90% 10-1-80 1 yr. 1,890
I!
10-1-80 1 yr. 207
I!
I! _ 12-1-79 1 yr. 39,058
I!I
- 12-1-79 1 yr. 2,408
I! 60% 8-2-80 1 yr. 118
1! - 7-2-80 1 yr. 5,817
I
- 8-8-80 1 yr. 200
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Co. Insurance Begins Term Premium
8-30-80 1 yr. $ 148
I .
2-6-80 I yr. 119
3-29-80 1 yr. 1,233
I
- • 7-1-80 1 yr. 4,992
I!
I!
1! "
I!
I
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I!
I!
EXHIBIT XV
1
I
Term Monthly Amount of
IIExpires Salary Surety Bond
April, 1982 NONE NONE
II April, 1982 NONE NONE
April, 1981 NONE NONE
April, 1982 NONE NONE
I! April, 1981 NONE NONE
April, 1982 NONE NONE
April, 1981 NONE NONE
I!
1! 3, 140 $ 10,000
1 ,983 10,000
1 ,983 10,000
Volunteer NONE
I! 1 ,983 10,000
5!+1 NONE
I! 1 ,589 10,000
Volunteer NONE
Volunteer NONE
I! Note (1) 10,000
1,653 10,000
600 NONE
1 ,648 10,000
I! Volunteer NONE
I!
I!
I! '
Note (1): Contract with Friendswood Independent School District
I!
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1!
MISCELLANEOUS STATISTICAL DATA EXHIBIT XVI
' CITY OF FRIENDSWOOD, TEXAS
September 30, 1980
I
Date of Incorporation October 15, 1960
Date of present charter Adopted Home Rule Charter
I! October 16, 1971
Form of Government Council - Manager
Area 15 Square Miles
Miles of streets and alleys
I! Streets - paved 50.1 miles
Streets - unpaved 8.4 miles
Alleys 0 miles
Sidewalks 1 .0 miles
1! Fire Protection
Number of stations 2
I! Number of employees 1
Number of volunteers 35
I! Police Protection
Number of stations 1
I! Number of employees 23
Number of patrol units 6
•
I!
Recreation
I! Number of parks 4
Size of parks 10.7 acres, 12.6 acres, 6 acres,
16.7 acres
Number of golf courses 0
Number of swimming pools 0
Number of tennis courts 4
I!
I!
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I!
MISCELLANEOUS STATISTICAL DATA - 2
1
Garbage
Number of landfills 0
Number of garbage bags provided 0
Number of garbage trucks 5
Cubic yards of garbage collected 117 per day
Storm sewers
Miles of storm sewer 18 miles
11 Population
1971 3,399
1972 3,717
1973 4,942
1974 6,797
1975 7,480
1976 8,281
1977 9,016
1978 10,094
I! 1979 10,801
1980 10,301
I! Building Permits
1970-71 Not available
I! 1971-72 Not available
1972-73 Not_ available
1973-74 Not available
I! 1974-75 j 5,979,108
1975-76 10,215,105
1976-77 7,441 ,381
1977-78 16,395,154
1978-79 1.7,444,441
1979-80 12,893,393
I!
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I!
MISCELLANEOUS STATISTICAL DATA - 3
1
1
Education
Friendswood Independent School District
I! Number of teachers 202
Number of students 3,083
City employees
Monthly salary employees 55
Hourly rate employees 36
Total 91
11 Election
Number of votes cast
Last general election 2, 193
Last city election 1 ,986
Water
Source 4 wells
Average daily consumption 1,580,000 gallons
Maximum daily consumption 1,896,000 gallons
Water mains 54 miles
11 Number of connections 3,086
I! Sewer
Average daily capacity 1 ,731 ,000 gallons
I! Maximum daily capacity 1 ,750,000 gallons
Sanitary sewer mains 48 miles
Number of connections 3,020
I
I!
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11