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) I <br /> Audit Statistics: <br /> 1) General Fund Reserves $284,185.47 <br /> 2) Fund #601 New City Hall/Community Services <br /> 1998 <br /> School Dist. Rent $100,000.00 <br /> City Rent Transfer $ 34,800.00 <br /> Interest Earnings $ 888.00 <br /> Total Revenues $135,688.00 <br /> Operating Expense ($130.166.00) <br /> Difference $ 5,522.00 <br /> Old City Hall Conversion Exp. ($ 14,385.00) <br /> Funds available for building fund imp. $ - 0 - <br /> • 3) Liquor Fund (Profit and Loss) <br /> Amount of Profit on December P/L $ 76,262.00 <br /> Audit Adjustments ($17,670.00) <br /> 1) Additional depreciation because of new building. <br /> 2) Wrote off old assets at SAV II. <br /> 3) Increase in insurance because of new building. <br /> 4) Allocation of Severance fund liability. <br /> Final 1997 Profit & Loss $53,932.00 <br /> 4) Kenzie Economic District: <br /> Pay back to County $238,781.34 <br /> 1) District was decertified in 1990 and funds need to be paid <br /> • back to the County. <br />