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Home My WebLink AboutAudit Report 12/31/1970REPORT ON AUDIT VILLAGE OF LINO LAZES Anoka County, Minnesota For the Year Ended December 31, 1970 Waldemar A. Hill Certified Public Accountant 202 Apache Office Nark au :#lding 2500 - 39th Avenue Northeast lanneapolis, Minnesota 55421 Village Officials Accountant's Opinion Explanatory Comments EXHIBITS: A C Village of Lino Lakes Anoka County, Minnesota I N 0 E X Balance Sheet by Funds as of December 31, 1970 Summary of Cash Receipts and Disbursements by Fads for the Year Ended December 31, 1970 Combined Comparative Balance Sheet as of December 31, 1970 and 1969 DETAILS ON BALANCE SHEET ITEMS Schedules: A -1 Cash in Bank A -2 Current Taxes Receivable A -3 Delinquent Taxes and Assessments Receivable A-4 Summary of General Fixed Asses (Propest-i ec) A -4a Additions to General Fined Assets A -5 Bonded Indebtedness A-6 Contracts Payable Schedules: B -1 B -la B-2 B-3 B -4 B -5 B -6 B -6a 13-7 Schedules: 1 2 DETAILS ON CASH RECEIPTS AND DISBURSEMENTS BY rpm DS General Fund Cash Receipts and Disbursements General Fund Condensed Comparison of Cash Receipts and Disbursements Fire Protection Fund Cash Receipts and Disbursements Civil Defense Fund Cash Receipts and Disbursements Gopher Control Fund Caen Receipts and Disbursements Parks and Playgrounds rand wash Receipts and Disbursements Road and Bridge Fund Cash Receipts and Disbursements Road and Bridge Fund Condensed Comparison of Cash Receipts and Disbursements Debt Redemption Fund Cash Receipts and Disbursements MISCELLANEOUS Page 1 2 -4 5 -6 7 8 9 10 10 11 12 13 14 15-17 18 19 19 20 2l 22 23 24 Assessed Valuations, Tax Levies and Tax Rates 25 Insurance and Bonds in Force 26-27 ::Ralph L'Allier *Ronald Jaworski *Henry Rosengren William Bohjanen *Andrew Cardinal Village of Lino Lakes Anoka County, Minnesota VILLAGE COUNCIL AND OFFICIALS For the Year Ended December 31, 1970 VILLAGE COUNCIL Mayor Councilman and Acting Mayor Councilman Councilman Councilman VILLAGE OFFICIALS Mrs. June Emerton Mrs. Carolyn Howard Babcock, Locher, Neilson S& Mannella Miner W. Carley and Associates Marvin Myhre *Virgil F. Lundberg Albert Dupre Winfield West Mrs. Edna Sarner R, V. Ellingsen John Juleen Charles Cape ;Bruce Fleming Dr. G. T. Mtdboe C. E. LeVesseur Piss. Lena Billik Centennial State Bank of Lexington Forest Lake Times Elected Officials Norman Hiller Rayoume Houle Harold Lehman Al Thiltgen Da /e Tresier Mrs. Ruth' Rector Clerk - Treasurer Deputy Clerk Attorneys Engineers Chief Constable Constable Building Inspector Plumbing Inspector Assessor Weed Inspector Fire i,arsh:11 Civil Defense Director Dog Catcher Health Officer Lino Lakes Park Supervisor Sunrise Park Supervisor Bank Depository Official Newspaper PARK BOARD Chairman Term Ex ire! 12/31/71 12/31/72 12/31/71 12/31/72 12/31/73 12/31/70 12/31/70 12/31/70 12/31/70 12/31/72 12/31/71 12/31/70 12/31/70 12/31/70 12/31/70 12/31/70 12/31/70 12/31/70 12/31/70 12/31/70 12/31/70 /2/31/70 12/31/70 12/31/70 12/31/71 12/31/70 12/31/71 /2/31/71 12/31/72 PLANNING AND ZONING BOARD John McLean Ed Karth and James 3. Bill Arnold Melling Glenn Rehbein, E. P. Jester and James iiusnik Al Ross LeRoy Houle Lee Robinson Dennis Houle Gerald Bolin Chairman ROAD STUDY BOARD COMMUNITY AND BUSINESS DEVELOPMENT COMMISSION William Boh j anon Crystal Ahlman Mrs. Naomi Zelinka Mrs. Julia Faymoville Mrs. Audrey Tauer Mrs. Vivian Rehbein Mrs. Phyllis Blaylock Lee Robinson BIarold Hansen Charles Gottwaldt Irvin Zaatrow William, Houle Carlo Sooger Chairman Secretary Waldemar A. Hi /1 Certified Public Accountant 202 Apache Office Park Building 2500 - 39th Avenue Northeast Minneapolis, Minnesota 55421 ACCOUNTANT S CP1D tON Members of the Village Cecil Village of Lino Lakes Anoka County, Minnesota Gentlemen: We have examined, on a cash basis, the bait+ . »c sheet and the fund balances of the Village of Liao Lakes as of December 31, 1970, and the related fund transactions for the ynar then ended. Cur examination :ion vas made in accordance with genorartly accepted auditing ctandards, and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circrsromtr.,nce We have modified the cash basis presentation of the balance sheet, SXhibit A, to such an extent as to reflect all significant known assets and liabilities therein for additional information purposes. In Cur opinion, the accompanying nying s atements present feiTly, an a Modified cash balk, the finaacia2 posit ion of she Village of Lino .lbekes at December 31, 1970, and the cash fund transactions for the year then ended, in conformity with generally accepted governmental accounting principles applied on a basis consistent Yrith that of the preceding year The supplementary and st tisticzi data presented in this report have been subjected to the same auditing procedures and, in our opinion, are stated fairly in all material respects rhea taken as a whole Criith the basic financial statements. Respectfully submitted, 412.- tialdemar A. Ri 11, C.P.A.. WA I:sil Date Pie1d Work Completed: April 26, 1971 Date Report Signed: May 1, 1971 Village of Lino Lakes Anoka County, Minnesota COMPEM'.t`S ON FAIANCE SflE T IBS •Ez1 tbit A presents the financial condition of the Vi11aae by Funde as of December 31, 1910. A comparative ba1mce sheet of all funds combined is presented in Each .bit C, which shown the financial position of the Village in comparative foray with that at the end of the preceding year. seta: 3 c on balance sheet items are shown in Schedules A-1 through A -6. Further eaplanntions, analyses, or listings are presented iu the neat several paragraphs of these comments -. CASH O HAND AND p# FiAi t - $0: 941.62: The cash on baud consisted of petty cash funds for a total of :75.00. The sum of 160, 966..62 wee carried in the bark check aig accouuat. Cash in bank =a verified by tenting the transactions, by coo uni^.ati g directly with the depoait:ory, and by reconciliation ns shown in Schedule bal.. Temporary ezeeua f'uz?ds had been placed in caaving3 ce_tiflca4es. for a total of $3,900.00, earning in;:ereat: at 5 %. The Cs3ntennia? State Banc: of Leaiegten had been deaie aced as the depository for Village Fends. Co11at_era 1 or 150,000.00 in U. S. Government bonds was pledged by the bank as security for Village funds on deposit. Federal deposit insurance, carried by the bank for $20,.000.00 on each ctatomer, provides additional protection for Village lamas. TAXES RECEIVABLE a $149 118.32: Current taxes ere those which were placed oa the 1970 1ov)' and are collectible in 1971. They amounted to $117,411.55, as detailed in Schedule A -2 by funds. Delinquent trine are those levied for prior :ors, wiich are due but have not been .col7ectcd. These 'e ^ es amounted. to 13a706.77, cove:i do , the Iztst six years, as summarized in Schedule A -3. The delinquent taxes have decreased by about $500.00 fro those ac one year ago. Specie/ assessments have been essentially all collected. Per capita sales tans again is expected to be received from the State Sales Tax Fund, based oa the 1970 census count of 3,692, at $7.13 per person, mounting to about $26, 300.00.. I. audition, the state will remit. special refunda for prior years, so that the total estimated amount receivable is about 128s.O00. 00.. laRAL D S Properties . - 1182a/96.22: village-owned properties are summarized in Schedule A-4, with 1970 additions for a total of $104,84G.22 detailed in Schedule A -4a. Where -2- original costs are not readily available, valuations are based on insurable and estimeted values as used on a recently prepared inventory of properties. fonattuetio was still in progress on the nsw Municipal Building at the end of the y ar. The general contract vie for $80,795.00. 13u7 idcrs risk insnance far $100,000.00 was in force as provided by the contractor. A land purchase option was acquired in 1969 for $100.00 for the poccib1e purchaae of parkland on Lake Amelia. Purchase on a .ve -year contract 2or deed 10 being offered by the ac er but this option ha not been exercised to date. LBII,MIS - 34 139.Oii: The next payment on the contract for deed, due with_ ;.r_ one year, and amounting to $2,750.00 on principal, is clascif'_od as a current liability. Similarly, other current maturities, including irate .ect on bonded debt, are classified as current liabilities for information purposes cehly, inesmuch as the Village. funds are maintained on a casia basic. Contracts payable are detailed in Schedule A- 6. iii GhJ RE T L1A L TIE i :_a 2.x,250.00: The entire bonded debt of ?"100,000.00 on the Municipal Building hao been classified as a nom-current liability on the balance sheet. Details on the bonds outstanding are shown is Schedule A -5. During the year 1970, the remaining .street improvement bonds were retired fora total of $2,000.00. DEFERIED REVENUE - $102a29.32: Since the Village fends are maintained on a cash basis, the ;nrea1!ized revenge frog rece ivebles, reduced by liabilities, is bon chown as an offsetting ting contra account -- deferred revenue. In other word , no revenue. is reflected in the funds until received in cash, nor are liabilities (unpaid bills) reflected in disbursement: until paid is cach. The receivabler and payables are :reflected on the balance sheet for information purposes only. SURPLUS 2ya 737: The hies: worth of the Village is reflected by the surplus accounts. Surplus invested • n Fixed Asscte represents the Vil.iagef s investment in general fixed assets (properties). Fund dances represent cash or investments only, aince the various Village funds are maintained on a cash basis. II - COTS ON .POND TRANSACTIONS Exhibit B presents a summary of the cash receipts and disburnemants by funds, for the year 1970, showing the fund balance reining in each fund ea of December 331, 1970. Schedules -1 through 3 -7 present detailed aneiysec of the cash transactions in the various funds: together with comparable budget estimates as made by the Village Council a year in advance. Condensed comparisons of receipts and disbursements for the General Fund and for the Road and Fridge guild with those of the prior year are presented in Schedules S -1 t and S -6a., respectively. These schedules should be helpful in making comparisons of fund tractions of the tuo largest and moot important fund~ of the Village for the past two years. -All the funds ended with debit balances (in the black) tbis year. in total, all fund balances at ;54,866.62 increased by $4t,391.20 from those of one year ago. Of this increase, Y27,442.60 reprcaenta the unexpended balance in the Municipal Euilc ing Fuad; the Road and Bridge Fund improved its balance by X113 , 106.11 ; and Parka and Playgrounds by $4,197.39. The Gvpber Control Fund ;ass, combined with the General Fund as :ordered by appropriate Council action. We confirmed the tax receipts dryrect?y i th the County Auditor. Other receipts were checked against &plicate receipts issued, licenses cad other zupporting memoranda. Disbursements were properly listed -3n Council minutes, supported by invoices and checks signed by the 1'Iayo:: and the Clerk- Treasurer. TI t 4yR&L COMFITS Based on our examination of the accounts and records of the Village Ctoric- Treasurer, we conclude that the _records were cell kept. . The Village is in a pound financial condition. Books arc maintained on the meal cash bass a^ is customary for municipalities, but we have tried to develop as complete a..financial picture as reasonably possible on the Balance Sheet, Exhibit A. This we have doze by inclusion of all significant known assets and liabilities by :}undo, co es to make it more meaningful. Details on the assessed ; .1uation of property on the tax rolls cad the tax levies, n voted by the Council are shown in Schedule 1 at the end of thin report, on e. comparative basis for the last three years. The assessed valuation at $1,759,450.00 increased by P,S6,624.0O from that of one year ago. We do h- information r; t :- '. of increase ,- o due to add:._' not have the �i:;:Q_;'�a�tf1 u� s:0 �IQ' :•, R_ Ci. o.. �_.�.3 "�tQii..::S properties placed on the tax roll: .� , • .. Je..uC�U L: "� " ^v " ,,R ^._1.t+4 :3S.�L Co •l�'"v..Ir. }�es previously on the tax rolls. t e:7 Insurance and bonds '?�T "o:ce w = °c �:c:.^ l :ens .� Schedule 2 �. >.: e -��.., and of the report. . .dequate coverages i27oc.. to be carried on the usual rim sn your insurance rCauireuentc _a :e been reviewed end adjustments have been made. ASSETS pp.. Assets: Current Assetsi Petty Cash Cash i Bbnicips1 Parka and Building Playground tlatd Fund 171442.60 27,:442.60 6,992.33 14,797.91 21,.790. 2 Road and Bridge Fund 50.00 17,864.35 58,396.21 100 $. 86,310.56 $ Debt 5,368.34 7,673.16 13,i 41.50 .17 1 790.24 $ 13, 532.00 $ 7:3,532.00 $ $ 13,532.00 4(13,532, 00) $ 14,797.91 14, 797.91 x„, 86_2310.56 X1041.'50 $ 7,777.00 7,777.00 $ 10 080.00 $ 10,080.00 4,000.00 $ $ 4,000.00 4 68,396.21 _11 777.00 56,619.21 $ $ $ 27,442.60 $ 6 992.33 17,.914.35 27 ,442.60 ' "�6; 9 2. 3 9 .4.: L274442.60 1_22.0.9.24 = 116,31.0.56 $ 7,773.16 $ (2,406.84). EXHIBIT .A (Sch. A -4) (Sch. L. - -5) Genexa1 General Fixed Lens -Terra rests Debt $ 27,427.94 108,363.79 47 .2004.49 W2,.22 1100 000. 00 3?82 796.22 1x00 000.00 $ $182,796.22 5,368.34 1122..41A2 $182, 7961 22 100 * • {?t3t)• 00' 4100,000.00 $ 11.10 0.2_021(10 imt General Fire Protection Civil Defense B-3 Municipal Building B-4 Parks and Playgrounds B-5 Road and Bridge B -6 Debt Service B -7 Totals Village of Lino Lakes Anoka County, Minnesota RY OF CASH RECEIPTS AND DISBURSEMENTS B2 DS EXHIBIT B For the Year Ended December 31, 1970 * B-1 B -2 Beginning Balance 1/1/70 2,611.33 3,703.40 690.38 2,794.94 6,758.24 6,917.13 23,475.42 Cash Recei is $ 60,84/.03 4,632.85 1,478.64 102, 234.12 11,629.52 56,079.51 532.65 $237,428.32 For details on cash receipts and disburcments see supporting Schedules B-1 to B -7, inclusive. Cash Disburse - ments $ 59,518,98 6,048.78 1,190.87 74,791.52 Ending Balance ]2/31/70 $ 3,933.38 2,287.47 978.15 27,442.60 7,432.13 6,992.33 44,973.40 17,864.35 2, 081, .44 5 368.35 196,037.12 64,866.62 Village of Lino Lakes Anoka County, Minnesota VE AL_LZ SST December 31, /970, and 1969 Cash on Nand and in Sank Taxes Rem. r1e: Current Levy Delinquent Per Capita Sales Tax Special As .moments Total Current Assets e,: lend Buildings Equipment Total Pined Assets Deferred Asset; Amount to be Provided for Retire- meat of Bonds TCIrAL ASSETS $E' As of 12132110. $ 64,941.62 117,411.55 3,.706.77 28,000.00 $214,059.94 $ 27,427.94 108,363.79 47, 204 .449 $182,796.22 As of 1`2131 69 $ 23,550.42 78,405.00 4,285.24 21,500.00 1 086.17 $128,826.8: $ 26,500.00 21,000.00 34, 4.1..92 717,948.00 Increase cxeane,� $ 41,391.20 39,006.55 (578.47) 6,500.00 61'7} $ 85, 233.11. $ 927.94 87,363.79 16 556.49 $104, 848.22 00, Ot30.00 010 $446 856,.36 20b.774 83 290 081.33 LT., 3ILITIES AND SURPLUS Current . Liabilities: Contracts Payable Bonds Payable - Due Within 1 'Sear Interest kayabie - Due Within 1 Year Total Current Liabilities ICar�- Current: ; " tRb�?�?:es; Contra Payable - Not Due Within 1 Tear Bonds Ba3rabie Not Due Within 1 Yr. Total Nan - Current Liabilities Deferred. Revenuer Unrealized Revenue on Cash Basis: Receivables Jess: Liabilities Net Deferred Revenue Sur_ Luse, Irv'estt: Fixed Assets Pund Bai*nces Total Surplus TOTAL LTABIL1Tres AND SURPLUS 24,059.00 _10 z 0800.00 $ 34,139.00 $ /2,250.00. 100, 000.110, $112,250.00 $149,118.32 __41,41124_,(10_ $102,729.32 $182,796.22 _ 64 941.62 $247,737.84 :8496,856.16 -8- $ 2,860.00 1,000.00 70.00 $ 3,930.00 $ 11,440.00 1 00 0.00 12,440.00 $105,276.42 16 370,,00 $ 88,906.41 $ 77,948.00 `23.550.42 $10I *49 8.42 $ 21,199.00 (1,000.00) 10 0 /0.00 $ 30,209.00 $ 810.00 9900 $ 99,810.00 $ 43,841.91 30,019.00 $ 13,822.91 $104,848.22 41,391.20 $>R46, 2.32A2 82904081.33 Village of Lino Lakes Anoka County, Minnesota CASH IN CENTENNIAL STATE BANK OF 1EXINGT0N Schedule A-1 December 31, 1970 Checking Account: Balance per Bank Statement Add: Deposit in Transit - - 12/31/70 1/4171 $ 89,161.63 5, 596.26 Total $ 94,757.89 Les $: Checks Outstanding: Number Amount Number Amount Payroll 1335 $ 46.25 General: 3407 143.00 3456 $4,860.00 3409 40.00 3457 34.92 3418 10.00 3458 144.36 3419 546.00 3459 25.00 3435 /5.00 3460 23,895.00 3437 15.00 3462 1,361.00 3439 15.00 3463 480.00 3440 1,009.70 3464 230.00 3441 39.00 3465 15.00 3443 10.34 3466 12.81 3445 47.60 3467 8.11 3448 30.00 3468 30.87 3450 30.00 :':3500 2.76:20 3452 4.0$ -> 70.40 3453 5.12 118.32 3455 24.00 * 149.19 Total Checks 01tstanding 33 797 27 73a/wane per Books $ 60,966.62 Savin is Certificates: Interest Nuanber Rate Amount 314 5; $ 500.00 315 5% 500.00 316 5% 500.00 1267 5% 2,400.00 Total 3,900.00 Total Cash in Bank 414,866.62 Payroll deductions remitted in January,1971. General Revenue load and Bridge Fire Protection Parks and Playgrounds Civil Defense Boasts Total * Per loss of revenue Pillage of Lino Lakes Anoka County, Minnesota CURIENT TARES 1d CEIPABZC December 31, 1970 Total $ 24,362.77 58,396.21 7,885.28 14,797.91 4,296.22 7, 673.16 *State Reimbursement s 519.04 1,243.94 168.08 315.18 91.56 163.60 117 41 .5-5 ,2,501.40 from exempt personal property. Schedule A-2 $ 23,843.73 57,152.27 7,717.20 14, 482.73 4,204.66 7, 509.56 111422L0.15 DEE.7PNQ IEPi;' IAXSS AND ASSESSVISNTS RRVABLE Schedule AA-3 December 31, 1970 dear, Collectible 1970 1969 1968 196.7 196.6 1965 Total Total Special Taxes Assessments 2,335.56 $ 2 234.58 327.00 385.79 293.92 129.92 J__2/M77 241.11 $ 94.45 380.68 (146.10) 327.00 .. 368.03 17.76 274.89 19.03 207.54 477.62) S_ 3,799.25 $ 492..48) Village of Lino Lakes Anoka County, Minnesota SORRY OP GENERAL Pub ASSETS December 31, 1970 Description nd: Main Street ,. 30 Acres; Sunrise Park -- . 20 Acres Lino Lases Ptrl Total .Land , uildiu s MuniciPal Building ding 'Sunrise Park ' Buiid ngs `*Lino ides. Park Building Total Buildings Furniture aad E i eQ.. Road and Bridge: Mater vehicles Other Equipment Shop Equipment Civil Defense Municipal Building Police Fire Protection Pare and Playgrounds Total Furniture and Equip cnt TOTAL GENERAL ri....7,2D ASSTS Balance 1/0 $ .1 :,500.00 10, 000.00 $ 26,500.00 20,000.00 1 000.00 $ 21,000.00 $.10,580.00 1,630.00 2,375.00 1,300.00 2,950.00 2,200.00 3913.00 34.00 1 771948.00 * Cost nor present value not readily available. ** Insurable values. 1970 Additions Schedule A -4 Balance 12/ 927.94 $ 17,427.94 /0,000.00 927.94 $.8.7,363.79 $ 87,363.79 $ 11, 777.00 250.00 145.82 2,153.755 934.50 1,295.42 516 556.49 , 848.22 $ 27,427.94 $ 87,363.79 20, 000.00 1 000.00- $108,363.79 $ 22,357.00 1,880.00 2,375.00 1,800.00 3, 095.82 4,353.75 934.50 102208.4. 1_422204.49 11824796.22 Village of Lino Lakes Anoka County, Minnesota ADDITIONS TO . MERUJ _FIXED ASSETS Schedule L- 4a For the Year Ended December 31,. 1970 its Main Street — Real Estate Taxes landscaping Grave/ $ 157,94 382.00 3888.00 ' $ 927.94 Municipal •Building: General: ,Contract. $ 80,795.00 Building Plans and Specifications 1,162.00 Septic System 220.54 Village labor 167.90 Woll 1,445.00 Paneling and Ceramic Tile 914. 45 Platform in Council Chamber 280.00 Fiscal Fees and dal Services 2,130.00 Building inspection 165.00 Miacelleneous 83,90 87,363.79 Furniture : Road and Bridge: Dump Truck and Snow Plow $ 11,777.00 Motorised Roller 250.00 12, 027.00 Municipal Building: Assessor's Camera $ /06.82 Secretarial Chair 39.'00 145.82 Police;. /97.0 -Piymouth and Equipment 1966 Plymouth Transferred to Fire $ 3,353.75 (1,200.00) 2,153.75 Fire Protection: 1966 Plymouth Transferred from Police $ 1,200.00 Less Revaluation (500.00) Extinguishers shers and and Pumps 234.50 934.50 Parks and Playgrounds: Hockey Rink Floodlights $ 736.15 Broom for tub Tractor. 559.27 12295.42 WIA.L ADDZTLOMS TO F TED ASSETS To Exh. A -4) $1044348.22 i -12- Description; 1) Street Improvement 2) MUnicipal Building Totals $ 2000.00 De,,,,tai Band Zssues Outstanding; Date of Amount Igo a of Issue 1) 12/1/63 $ 6,000.00 2) 3/1/70 100,000.00 Piratical Buildin Bonds • of 1970: Village of Lino Lakes Anoka County, Minnesota BONDED TNDEETEDNESS December 31, 1970 Balance 211129- 1970 Additions $ 2,000.00 $ 100 000.00 00,QQO. 2 1970 Payments Schedule A -5 Balance 12/31/70 $ 21000.00 $ 100 000.00 $100 000.00 l nterest Matur Lty Rates parent Dates Date 3.25% 6/1 Z. 12/1 12/1/71 6.50-6.80% 3/1 6:9/1 3/1/82 P ymestte T�uei Principal Interest Tear March/ March 1 September 1 1170 1971 1972 1973 1974 j97 1176 1977 1970 1979 1 1981 1912 5;,000.00 6.000..00 10,000.00 10, 000.00 10, 000, 00 10,,000.00 10,.000.00 10,000.00 10.000.00 10 000.00 10,000.00 Total 0100, 000.00 $ 6,720.00 3,360.00 3,191.25 3,022.50 2,685.00 2,347.50 2,022.50 1,692.50 1,357.50 1,;020.00 680.00 340.00 28 43 3,360.00 3,191.25 3,022.50 2,685.00 2,347.50 2,022.50 1,692.50 1,357.50 1.,;020.00 680.00 340.00 $ 21,718.75 ';Tax Levy **0 19, 400.00 12,000.00 16,400.00 16,, 200.00 15,500.00 14,800.00 14,100.00 13,400.00 12,700.00 12,000.00 11,300.00 $157,800.00 • Collectible during year followin Levy. frAP Actual levy reduced by $11.720.00 to 07,680.00 by Council Resolution. certifying to the availability of funds. Village of Lino Lakes Anoka County, Minnesota 014TRA , PAYA3IE Schedule A -6 December 31, 1970 Ealance 1970 1970 Ealance Date Jilin__ _Addis ions F'a .... 12 131170 1) 9/8/69 Willieti W. and Anna A. Waldoch $ 14,300.00 $ $ 3,300.00 $ 11,000..00 2) 8/3/70 Matson funding Li supply Company 80,795.00 67,263.00 13,532.00 3) 1.1/21/70 Ernie Ludwig Well Drilling 1,361.00 1,361.00 4) 1.1/30/70 Merit Chevrolet; Co. 6,964.00 6,9 54.00 4) 11 /20/70 Chas. Olson 4 Sons 1,827.00 1,827.00 4) 12/8/10 Itasca Equipment Co. .�... 2 98 ?_ 986.00 Totals $514_,.300, 00 $ 3 93 ^.x,.00 711124. 00 LA, 309.00 1) Land Contract at 57,, payable . over a five-year period. 2) General Contract .on Municipal Building. 3) Well contract ct on Municipal Building. 4) Road equipment contracts for dam truck and snacr plow attachments ,; financing arranged through, Centennial State Bank of Lexington in 1971 over a twelve-month pet iod, payment* beginning April 19, 1971. . Village of Lino Lakes Anoka Meaty, Minnesota GENERAL FOND CASE 1 i x rs AND DISBURSRMS Schedule B -1 For the Tear Ended December 31, 1970 cef te: Tax Settlements: General Revenue Mortgage Registry Penalties and Interest. Special Assessments - Street Gopher Control Miscellaneous Delinquent Taxes L%euaes and Permits: Liquor Bear Cigarette Special Use Permits Dance Building Permits Plumbing Permits Dog Contractor .;(5, r 6 Septic Tank) Signs State Tax Apportionments: Per Capita Sete€. Tax Cigarette Liquor Mobile Home Refunds ; and i *i i Asemeuts :. Police tati6a1 . - . icipa1 Cour ::iroperty Workmen's Compe xsat i.ou Insurance P.E, R,A. Contributions utions Charges for Current Services: Dag Handling Election Filing Fees Rezoning, Varia ces and Platting Assessment Searches and Assi ants Miscellaneous Revel: Sale of Maps and Supplies Interest lased. ;oo, C.D,'s terest Earned on Licenses Chanty Gopher Bounty Court Pince Total Ca: Receipts Actual $ 12,214.83 698.76 275.02 598.38 291.13 14.72 $ /1,666.67 479.67 202.00 917.95 20417 756.50 627.50 108.00 225.00 757.50 $ 14,642.16 6,050.85 5,150.98 1,791.11 $ 10.00 274.29 76.56 54.88 $ 210,00 10.00 1,667.73 37.00 it $10,.000.00 also to Road and Bridge Fund. $ 14,092.84 Budget Estimate $ 12,875.00 $ 6,490.00 540.00 150.00 250.00 200.00 1,200.00 1,600.00 120.00 500.00 $ 15,944.96 $ 11,050.00 $ 11,.500.00 6,200.00 5,000.00 l.5Q0.0.0 ::27,635.10 $ 24,200.00 $ 415.73 $ 300.00 $ 200.00 2,250.00 $ 1,924.73 $ 2,450.00 35.97 $ 67.50 150.00 100.00 261.70 200.00 312.50 -15- S 827.67 - 3100 B 69,$4x-.03 ,$„51 %00 Village of Lino Lakes Anoka County, Minnesota ORAL FUND CASH RECEIPTS AND DISBURSEMENTS' CONT'D For the Year Ended December. 31, 1970 piebursements: Village Council: Salaries Expense Allowance Telephone Fuel and Electricity Rent Insurance and Bonds Membership Dues Labor .. General Maintenance Equipment and Supplies Elections: Salaries - Voter Registration Salaries Elections Finance: Salary of Clerk - Treasurer Salaries of Assistants Office Supplies and Expense Payroll Taxes Travel Auditing Service Interest on Late Payment P.E.R.A. Contribution Social Security Administration Fes Assessor: Salary legal' Professional Services Printing and Publishing Planning and Zoning: Engineering Services Planning Consultant Actual $ 3,000.00 900.00 232.45 581.44 2,060.00 3,140.79 478.90 585.15 286.27 $ 41.12 868.27 $ 3,600.00 1,166.87 702,96 3,036.83 59.31 930.00 7.59 4.00 $ 7,687.55 953.40 $ 3,593.50 __t A81 yg -16- $ 11, 265.00 Schedule B -1 Page 2 Budget Estimate $ 3,000.00 900.00 300.00 1,100.00 800.00 2,250.00 500.00 600.00 1 300.00 $ 10,750.00 $ 200.00 500. 00 909.39 $ 700.00 $ 9,507.56 $ 2,800.00 $ 3,600.00 1,000.00 525.00 1,750.00 1,000.00 7,875.00 $ 2,400.00 $ 3,500.00 500.00 8,640.95 $ 4,000.00 $ 1,500.00 1,000.00 $ 5,075.28 $ 2,500.00 Village of Lino Lakes Anoka County, Minnesota GENERAL FUND CASH RECEIPTS AND DISBt7RSEMENTS (CONT'D.) For Year Ended December 31, 1970 Actual Disbursements: (Cont'd.) Police: Salaries $ 7,075.81 Lost Wage Reimbursement 381.07 Clothing Allowance 240.00 General Supplies and Expense 374.30 Gas and Oil 1,052.67 Auto Repairs 785.12 Tires 126.00 Equipment - Leather Belt 76.65 Protective Inspection: Building Inspection Plumbing Inspection Weed Inspection Animal Control: Dog Catcher Gopher Bounties $ 515.67 446.60 92.13 Schedule B -1 Page 3 Budget Estimate $ 11,100.00 200.00 500.00 700.00 500.00 $ 10,111.62 $ 13,000.00 $ 1,054.40 $ 900.00 1,200.00 150.00 $ 2,250.00 $ 1,671.00 $ 1,400.00 654.25 500.00 $ 2,325.25 $ 1,900.00 Refunds: Licenses $ 6.:00 Capital Outlay: Land - Village tall Site Contract $ 3,300.00 Land - Real Estate Taxes 157.94 Land - Contract Interest 700.75 Polaroid Camera and Case for Assessor 106.82 Municipal Building Sign and Post 60.27 Secretarial Chair 39.00 1970 Plymouth Police Special 2,874.00 Police Vehicle Equipment 479.75 Remington Riot .Gun 105.00 3,500.00 3,000.00 $ 7,823.53 $ 61500.00 Total Disbursements 59 518.98 51 875.00 -17- Village of Lino Lakes Anoka County, Minnesota S B D C O 1 : R i S O N OF C A S RECEIPTS A iD DISBURSEMENTS GENERAL FUND For the Years Ended December 31, 1970, and 1969 Schedule B -la Cash Balance - Beginning of Year Add: Receipts Tax Settlements Licenses and Permits State Tax Apportionments Refunds and Reimbursements. Charges for Current Services Miscellaneous - Revenue Total Receipts Total to Account For Deduct: Disbursements: Village Council Elections Finance Assessor Legal Planning and Zoning Police Protective Inspection Animal Control I iscellaneous Capital Outlay Total Disbursements Cash Balance - End of Year Year Year 1970 1969 $ 2,611.33 $ 1,177.79 $ 14,092.84 15,944.96 27,635.10 415.73 1,924.73 827.67 60, 843.03 $ 63,452.36 $ 11,265.00 909.39 9,507.56 2,800.00 8,640.95 5,075.28 10,11/.62 1,054.40 2,325.25 6.00 7 823.53 591 518.98 $ 3 _2933.38 7,874.23 12,198.40 18,907.34 5.00 2,175.99 ,248008 . 421641.04 $ 44, 818.83 $ 9,013.82 908.45 8,856,92 2,630.00 5,852.06 2,418.64 7,985.78 1,091.48 1,528,00 157.00 2, 550.00 $ 42) 992.15 ,1,t32_6 Increase SDecrea ce), $ 1,433.54 $ 6,218.61 3,746.56 8,727.76 410.73 (251.26) (12652.47) LI 11.219.9.99 $ 18,633.53 $ 2,25/.18 .94 650.64 170.00 2,788.89 2,656.64 2,125.84 (37.08) 797.25 (151..00) 5 273.53 $ 16 526.83 1.4a126.70 70 .itst TRK Levy Village of Lino Lakes Anoka County, Minnesota !X PRCTECZI * FEND CASE ERCExprs AND i nsBitsonS Schedule B-2 For the Year Ended Decor 31, 1970 Actual Budget Estimate LA „.02.85 ,32.85 �1,730.00 Disb emeats: gain," '" Fire Harahan $ 180.00 $ 120.00 Clothing Allowance 60.00 60.00 Gasoline 16.20 Fire Contracts 50360.00 4,500.00 Tires. 48.30 Labor 64.00 Repairs and Suppliea 61.68 "Fire Marshall" signs for Automobile Doors 24./0 Fire Extinguisher and Hand d Pumps 234.50 50.00. Total Disbursements $ 67048.78 LALz22,92 Ci IL DE FUND CASH RECEIPTS AND DISB i t.SE/ For the Year Ended December 31, 1970 Receipts; Refund on Supplies. Tag Levy Total Reeefpts Arf;ua1 Sebedule B-3 Budget Estimate 20.86 $ 1 457.78 1,500.00. _ $ x,478.64 1_ 7..01=0 Director` s Expense Allowance $ 300.00 $ 300.00 General Supplies and Repairs 240.85 200.00 First Aid Supplies 193.46 Uniforms and Equipment 117.15 1,000.00 Float Supplies and Costume 338.41 Beer License 1.00 Total Disbursements $ 1,190,87 L.1.490.00 Village o Lino Lakes Anoka County, 1lnuesota swam . SujLD M 3 CS3 PT ANb 03 iTS Scher B-4 For the Year Ended December 31, 1970 Raeetss. Sale of Bonds $ 98,114.66 Bid Deposits 275.00 *Intereitt va, 0. S. Government Securities 3,815.46 ktiareat on Time Savings Certificate 30.00 Total ReCeipta 11022234.12 Diebursementst LandscaPing $ 382.00 Gravel 388.00 Genera/ 'contract 67,263.00 Refute of yid Deposits 250.00 8uildtng Plans and Specifications 1,162.00 Septic Stem 220.54 Electrical Service 22.27 Labor <Village) 167.90 Wert 1,445.00 New 8lding Xnspection 165.00 Beet Room Panelling and Ceramic Tile 914.45 Platform in Cauncii Chamber 280.00 Bond gees and Legal Services 2,130.00 Mieceileous Supplies 1.36. Total Disbursements 1 74, 791.52 ft Excess Ada from proceeds. of bond sale were invested in D. S. Goverment securities during construction period. Cost~ tuner of these securities amounted to $296,185.54. -20- Village of Lino Lakes Anoka County, Mi.nnesota PARRS AND P?ATGR0 JNDS FOND CASK RECEIPTS AND D1SBURSB"rPsNTS Schedule B -5 For the Year Ended December 31, 1970 Receipts: Tax Levy Disbursements.: Actual Budget E3timate 1 15 629.52 a52000,00 Salary - Caretaker s 900.00 fi 1,300. tit? Other Salaries and Wages. 3,366,98 Utilities 635.35 800.00 Fuel 109.54 General Supplies and Repairs 374.79 2,200.00 Building Maintenance 129.05 4,300.00 Baldwin Lake Park Property Lease 1.00 $ 5,516.71 Capital Outlay: Hockey Rink Lights Option on Lake Amelia Property Broom for International Cub Tractor Playground Equipment -- Sunrise Paxk Submersible Pump Moto:: and Control (J1eplaceient) Total Disbursementy -21- 736.?5 225.00 559.27 160.00 235.00 L ?. 9� 1.5.f:2 A 400.00 s; 7, 4':'2 11 .'_ t•.3,000_00 Village of Lino Lakes Anoka County, Minnesota ROAD AND BRIDGE FUND CASH RECEIPTS AND DISBURSEMENTS Schedule B'6 For the Year Ended'December 31, 1970 Actual Budget 8s tim to Receipts: Tax Levy $ 45,975.74 $ 47,300.00 Per Capita Sales Tax 20,000.00 10,000.00 Old Equipment Sold 15.00 Culverts Sold 64.47 Reimbursement of Freight 24.30 Total Receipts $ 56,079.51 $ 57,300.00 Disbursements•, Labor $ 11,283.65 $ 7,000.00 Contracted Road Work 11,974.87 35,800.00 Seal Coating - 4,262.60 Mix and Sulfite 2,632.15 Gravel,Sand and Salt 6,843.32 5,300.00 Truck Repairs 1,558.07 2,800.00 Street 'Lighting 1,332.00 1,400.00 Gas and Oil 1,169.89 Black Dirt and Grass Seed 235.15 Equipment Rental 1,176.00 Weed Cutting 540.00 Snow Plowing General Supplies and Tools 545.01 $ 43,.828.71 $ 52,300.00 Capital Outlay; Snow Fence and Posts $ 231.00 Chain Saw with Case, Less Trade -in 170.00 Shop Bench Vise 50.00 Motorized Roller 250.00 Culverts 140.19 Signs and Poets 303.50 Total Disbursements $ 1 144.69 $ 44,973.40 $5,00G,00 $ 57,300.00 PE': :', f ia.8 Village of Lino Lakes Anoka County, Minnesota ISOM OF R RICE PIS AND = ISBURSEMENT - ! : z AND BRIDGE MID For the Years Ended. December 31, 1970, and 1969 Cash 'Balance - Beginning of Year Addl Receipts: Tax Settlements Per Capita Sales Tax Other Revenue Total Receipts Total to Account For De... duc t: Disbursements: Labor Road Surfacing Other Road Maintenance Equipment Maintenance and Supplies Gas and Oil Street light Lug Capita/ Outlay Petty Cash Fund Total DIsbUraements Cash Balance End of Year Schedule B -6a Year Year Increase 1970 19 9 (Deere ue_) $ 6,758.24 $ 1,152.24 $ 5,606.00 .$ 45,975.74 10, 000.00 103.77 56;079.5i $,330,910.71 .10,000.00 818.76 $ 15,065.03 (714.99) .21 41 729.J ly.b 350.04 $ 62,837.75. $ •$ 11,283.65 25,712.94 2,227.15 2,203.08 1,169.89 1,332.00 1,144.69 41_4_22.71,12 17,864.35 42,881.71 $ 19,956.04 $ 7,664.20 22,710.83 1,390.19 865.31 1,083.60 2,359.34 50,00 A 36,223.47 LAZULI!! $ 3,619.45 3,002.11. 2,227.15 712.89 304.58 248.40 (1,214.65) (50.00} $ 8,8449493 it 106 Village of tino Lakes Anoka County,. Minnesota DEBT SERVICE FOND CASH PECEIP±'$.AND D18B RSPB 8chcidule B-7 For the Year Ended December 31, 1970 Balance - January 1, 1970 $ 6)917.13 ,Receipts: Special Assessments - Street Xmproveuont 532.65 Total to Account For $ 7,449.78 Disbursements: Banda Retired $ 2,000.00 Interest an Ponds 61.44 Penalty 20.00 Total Disbursements ._.._..2, 081.44 Balance - December 31, 1970 . 5368.34 • Village of Lino Lakes Anoka County, Minnesota ASSESSED VAi XA ION TAX LEVIES AND TAX RATES Year Assessed: Year Collectible: ASSESSED TALUATXONS: Real Estate Personal Property Sub- Total %%E pt Personal Property Totals TSAR MIES BY COUNTY £ TTOR: Ravenue Road and Bridge Fire Protection Parks • and Playgrounds Civil Defense Gopher Control Bonds Totals Revenue Road and Bridge Fire Proteetio Parks and P1aygr.ouada Civil. Defense Gopher Control Bonda Totals 1970 1971 $1 , 572, 428.00 1571886.00 $1,730,314.00 29,136.00 $1.1.759 50.00 1969 1970 $1,101s751.00 141,939.00 $1,243,690.00 29 136.00 •1,272826.00 $ 23,643.73 $ 57,152.27 74717.20 14,482.73 4,204.66 7 509.56 13.78 33.03 4.46 8.7 2.43 4.34 66.41 12,163.29 45,742.92 4,576.78 11,603.62 1,455.12 266.05 75,827.78 9.78 36.78 3.68 9.33 1.17 .23 60197 Schedule 1 1968 1969 $1,056,524.00 138,08/.00 $1,194,605.00 29,3'36.00 $1.223,741.00 6,768.00 30,555.00 4,752.00 6,068.00 967.00 290.00 49 400.00 * Loss of revenue from exempt personal property will be paid to the Village by the State out o! sales tax revenue and will be included in the tats settlements from the County with the 4txlections from taxable propert ec. 5..67 25.58 a. 98 5:. 08 .81 .24 41.36 Village of. Lino Lakes Anoka County,: Minnesota IDSUFANt E AND BADS IN FORCE December 31, 1970 co pang Auto.-Ownera insurance Company Iowa National Mutual Auto- Owners Insurance Company Policy No. Term Expires 293976 3 years 1/11%73 119822 3 years 1/13/73 602306 1 year 6114/7/ 08074942 Auto' t wners Insurance Company 00933184 1 year 3/7/7/ Great Central Insurance Company C47321 1 year 3/31/71 Auto-Owners. Insurance Company 6870.06- 3 yeara 2114/71 08697306 Auto,*Owaers Insurance Company 08607943 :2 years 3/20/71 «26- Schedule 2 Coverage Premium Fire and Extended Coverage: $ 5,000.00 Dwelling - Sunrise Park 10,000.00 Storage Building - Sunrise Park 5,000.00 Recreation Room 6 %Taming Bouse -• Sunrise Park 4,456.00 Contents at Village Ball 80.00 Contents at 241 Elm Street 1, 000.00 Warming Nause - Lino Lakes Park $ 25,536.00 Total Annual :}236.00 $ 10,000.00 Village Ball $ 59.00 Comprehensive Commercial Policy: $1,627.94 100f300L M nicipality - Bodily Injury Li.abi1ity i0/2551 - Property Damage Liability 100f30an Pleet Auto - Bodily Injury Liability 10M - Property Damage Liability A.C.V. - Comprehensive A.C.V. - Collision - $100 Deductible iO /20M Uninsured Motorist 100 %300/10M Non-Ownership $ 19,877.37 Schedule Property Floater .. $50 Deductible $253.00 Statutory Workmen's Compensation $627.00 Public Employees. Blanket Bond: $385.50 $ 10,000.00 Blanket.. Position Bond - All Employees $ '30,000..00 Clerk-Treasurer - June &carton $ 1,000.00 Assessor's Bond Edna Sarner $ 18.50