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Home My WebLink About1979-1980.AuditReport (2) � � �� .�� & -�.��.�� CERTIFIED PUBLIC ACCOUNTANTS 2103 THEMIS STREET � -�,� �,��v��, ��e�� 6�70� � ROBERT J.EARLL'Y.C.P.A. TELEPHONE JOHN R.JANSBEN.C.P.A. (914)9�4-2845 TERRV R.BCOLEV.C.P.A. GARY�.BTANLEV,C.P.A. � The Honorat�le Mayor. and City Council � City of Cape Girardeau Cape Girardeau, Missouri � We have examined the fol.lowing sc}�edules of cash receipts, disbur.sements and fund balances of the City of Gape Girardeau for the year ended June 30� 1980: � General Revenue Fund Library Operating Fund � Sewage Disposal Bond, Interest and Operating Fund Public Health Fund Motor Fuel Tax Fund Municipal Airport Fund � Mausoleum Fund Federal Shared Kevenue Fund 1965 Airport Bond, Interest and Sinking Fun�i � Library Contribution Fund Go1f Course Fund Capital Improvement Fund � F1ood Disaster Relief. Fund Our examination was made in accordancc with generally accepted auditing standards, and accordingly included such test.s of the accounting records � and such other auditing procedures as we considered necessary in the circumstances. � The City' s policy is to prepare it� f.ii� 3rlcial statements on the basis of cash receipts and disbursements ; con�eyuently, certain revenues are recognized when received rather tllan when earned, and certain expenses are recognized when paid rather than when the obligation is incurred. � In addition, the City maintains neither balance sheet accounts for its various funds, nor a record of its general fixed assets. Accordingly, the accompanying schedules of cash receipts and disbursements are not � intended to present financi_a1 position and re�ults of operations in conformity with generally accepted accounting principles. � � � � � The Honorable Mayor and City Council Page Two City of Cape Girardeau � � In .n.ur opinion, the aiorementioned cash basis schedules present fairly the cash balances of the various funds of the City of Cape Girardeau, Missouri at June 30, 1980, and the cash transactions of. the City for the year then ended, on a basis consistent with that of the preceding year. � Respectfully submitted, ��L.1 �j,�• �.J�.LIi��F.,R�. `ro?, �'..�`-�-�:�:Z.�.�.1�L� C,7 � � ROBERT J, EARLEY & COMPANY � Certified Public Accountants Dated at Cape Girardeau, Mo. August 19, 1980 � � � � � � � � � � � � � �� TABLE OF CONTENTS page Statement of Cash Receipts, Disbursements, Transfers, and Fund Balances - AL1 Funds . . , , , , . , , , , � , , , , � , , , � t _� Schedule of Receipts and Disbursements - General Revenue Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 � Schedule of Disbursements by Department - General Revenue Fund . . . . . . . . . . . . . . . . . . . . . . . . . . 3 � Schedule of Receipts and Disbursements: Library Operating Fund . . . . . . . . . . . . . . . . . . . . . . . . . 4 Sewage Disposal Bond, Interest and Operating Fund , . , , , , , . , , , , 5 � Public Health Fund : : : : : : : : : : : : : : : : : : : : : : : : : : 6 Motor Fuel Tax Fund 7 Municipal Airport Fund . . . . . . . . . . . . . . . . . . . . . . . . . . 8 � Mausoleum Fund . . . . . : : : : : : : : : : : : : : : : : : : : : : : 9 Federal Shared Revenue Fund 10 1965 Airport Bond, Interest and Sinking Fund . . . . . . . . . . . . . . 11 Library Contribution Fund . . . . . . . . . . . . . . . . . . . . . . . . 12 � Sewage Disposal Project Fund• . • : : : : : : : : : : : : : : : : : : : : : 13 Cash Bond Fund 14 Library Building Funci . . . . . . . . . . . . . . . . . . . . . . . . . 15 � Golf Course Fund . . . : : : : : : : : : : : : : : : : : : : : : : : : 16 Capital Improvement Fund 17 Flood Disaster Reflief Fund . . . . . . . . . . . . . . . . . . . . . . 18 � Schedule of Collection and A1location of Locally Assessed and Public Service Corporation Taxes . . . . . . . . . . . . . 19 � Auditors' Statement of Responsibility fo: • . . • • . . • . . . • • . • • . • Supplementary Data 2� � C;omparision Between Budgeted and Actual Receipts. • , • . . • • ' • • . • . • and Disbursements - All Funds 21 � S tatement of Bonds Payable t . • • . . • • • • • • • • • • • • • . . • • • . • Sewage System Bonds 22 1965 Airport Improvement Bonds . . . . . . . . . . . . . . . . . . . . . 23 1971 Industrial Development Bonds . . . . . . . . . . . . . . . . . . . 24 � 1974 Industrial Development Bonds . . . . . . . . . . . . . . . . . . . . ZS Statement of Delinquent Taxes . . . . . . . . . . . . . . . . . . . . . . . 2b � Sewer Tax Collections and Reconciliation . . . . . . . . . . . . . . . . . 27 Statement of Insurance Coverage . . . . . . . . . . . . . . . . . . . . . Z8 � Notes to the Financial Statements . . . . . . . . . . . . . . . . . . . . . 32 � „.,,.,.,.,... � „%;,. � DEAU MISSOURI � CITY OF CAPE GIRAR , STATEMENT OF CASH RECEIPTS, DISBURSEMENTS, TRANSFERS � AND FUND BALANCES - ALL FUNDS For the Year Ended June 30, 1980 � Balance Receipts Total Funds July 1, 1979 For Year Available � General Revenue Fund, Page 2 $ 504,167.76 $ 5,029,618.05 $ 5,533,785.81 Library Operating Fund, Page 4 92,790.21 223,768.97 316,559.18 � Sewage Disposal, Bond, Interest and Operating Fund, Page 5 195,563.35 405,412.10 600,975.45 � Public Health Fund, Page 6 24,944.79 73,694.97 98,639.76 Motor Fuel Tax Fund, Page 7 580,669.32 402,068.47 982,737.79 � Municipal Airport Fund, Page 8 28,236.50 89,074.96 117,311.46 Mausoleum Fund, Page 9 5,772.93 580.04 6,352.97 � Federal Shared Revenue Fund, Page 10 501,636.91 683,807.03 1,185,443.94 � 1965 Airport Bond, Interest and Sinking Fund, Page 11 222,715.66 73,251.28 295,966.94 � Library Contribution Fund, Page 12 37,169,39 75,014.49 112,183.88 Sewage Disposal Project Fund, Page 13 1.8,964.11 1,273.53 20,237.64 � Cash Bond Fund, Page 14 1,836.12 123.29 1,959.41 Library Building Fund, Page 15 309,259.84 34,942.30 344,202.14 � Golf Course Fund, Page 16 26,739.99 87,021.23 113,761.22 Capital Improvement Fund, Page 17 823,129.98 434,279.91 1,257,409.89 4� Flood Disaster Relief Fund, Page 18 --- 16,000.00 16,000.00 � Totals (Memo Only) $ 3,373,596.86 � 7,629.930.62 $11,003a527.48 � Balance June 30, 1980 Consisting of: Cash - Checking Accounts (First National Bank) � Cash - Znvested Capital � Total -,Deficit to be absorbed by additional federal funding receivable in 1980-81. �J F�i -1- � � � � Adjusted Transfers Total Funds Disbursements Balance � of Funds (Net) Available for Year June 30, 1980 $ 372,080.00 $ 5,905,865.81 $ 5,491,625.24 $ 414,240.57 � --- 316,559.18 202,851.90 113,707,28 � --- 600,975,45 510,988.22 89,987.23 --- 98,639.76 75,012.33 23,627.43 � ( 280,000.00) 702,737.79 340,152.42 362,585,37 --- 117,311.46 85,793.03 31,518.43 � --- 6,352.97 266.00 6,086.97 � ( 441,680.00) 743,763.94 524,346.18 219,417.76 � === 295,966.94 83,264.61 212,702.33 112,183.88 25,745.88 86,438.00 � --- 20,237.64 7,565.50 12,672.14 ( 400.00) 1,559.41 1,500.00 59.41 � --- 344,202.14 159,142.71 185,059.43 55,000.00 168,761.22 170,506.62 ( 1,745.40) � 295,000.00 1,552,409.89 1,472,191.25 80,218.64 � --- 16,000.00 37,768.62 ( 21,768.62):� � ,s --- $11.003,527.48 $ 9.188.720.51 $ 1.814.806.97 � $ 176,356.97 � 1,638,450.00 $ 1,814,806.97 � -1- � � CITY OF AP C E GIRARDEAU, MISSOURI � SCHEDULE OF RECF,IPTS AND DISBURSEMENTS GENERAL REVENUE FUND � For the Year Ended June 30, 1980 BALANCE IN FUND, JULY 1, 1979 $ 504,167.76 � RECEIPTS AND TRANSFERS: Sa1es tax receipts $2,401,108.64 Locally assessed and public service � corporation taxes, page 19 431,275.92 Intangible property taxes 41,764.62 Street tax bills 76,141.81 Merchants licenses 272,828.00 � Missouri Utilities Company license 811,389.59 Southwestern Bell Telepfione Company license 27,500.00 Cape Cable TV Franchise 223�27 � Insurance proceeds, vehicle and liability 17,026.62 Rents 1,891.03 Street oiling reimbursements 5,117.68 � Outside fire protection 3,713.78 Interest on delinquent taxes and collection fees 3,143.92 Dog licenses 606.75 Various expense item reimbursements 7,808.14 � Sale of equipment, signs, etc. 14,932.27 Public works building proceeds (principal and interest) 29,910.26 Other receipts 1 097.13 � � Parking meter receipts 22,255.00 Police court fines, etc. 166,688.00 Police security guard prisoner housi>>.g receipts 22,724.12 � Engineering and inspection fees 43,134.06 Cemetary receipts 8,805.00 Cigarette tax receipts 143,924.91 Interest on investments 49,373.59 � Waste disposal receipts 318,323.88 Swimming pool receipts (I and II) 21,991.36 Arena maintenance receipts 28,314.97 � Public service employee program reimbursements 49,316.73 LEAC funds received 7,287.00 � $ 5,029,618.05 Transfer From Cash Bond Fund, Page 14 400.00 Transfer From Motor Fuel Tax Fund, Page 7 280,000.00 Transfer From Federal Shared Revenue Fund, Page 10 441,680.00 � Total receipts and transfers $ 5,751,698.05 � DISBURSEMENTS AND TRANSFERS: Disbursements, page 3 $ 5,491,625.24 Transfers to Capital Improvement Fund, Page 17 300,000.00 Transfers to Golf Course Fund, Page 16 50,000.00 � Total Disbursements and Transfers $ 5,841,625.24 Excess of DisbursemenLs Over Receipts (89 927.19) , � BALANCE IN FUND, JUNE 30, 1980 � 414,240.57 � -7- CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF DISBURSEMENTS - BY DEPARTMENTS � GENERAL REVENL`r; FUND For the Year Ended June 30, 1980 � General Garage Police � Total Department Department Department General Equipment and Vehicles $ 378,596.68 $ 51,174.49 $ 363.52 $ 51,999.10 Salaries and Wages 2,883,111.26 210,692.68 68,358.15 834,970.76 �;,� Repairs and Maintenance: � Equipment and Vehicles 309,777.81 647.23 142,476.74 14,575.20 Buildings, Grounds, Streets, Etc. 170,085.30 17,973.65 2,189.36 7,393.34 PSEP Salaries 36,249.42 --- --- 5,531.03 � Auto and Travel, � Memberships, Etc. 28,130.89 15,723.94 80.00 6�328.91 Payroll Taxes, Insurance, C + Pension 578,956.22 44,389.13 11,775.96 157,235.81 �� Books, Publications, Elections, Etc. 28,581.28 23,174.92 32.09 2,373.56 � I �� Telephone and Communications 73,894.36 5,297.91 --- 43,991.04 Utilities 125,534.01 8,550.38 --- 32,457.17 ��, Street Paving, Lights, Signs 234,162.41 132,807,62 --- --- � Insurance and Bonds 116,190.00 7,722.00 --- 23,621.00 Training and Police Reserve 20,666.50 --- --- 20,666.50 � Various Supplies 363,374.00 29,783.45 21,526.12 79,740.54 Uniforms 33,027 .53 --- 1,333.85 10,451.54 � Legal, Audit & Professional Fees 10,803. 40 10,803.40 --- --- � Contract and Miscellaneous Expense 90,684.17 60,778.53 106.04 8,289.70 � Landfill Lease 9,500.00 --- --- --- TOTAL - ALL DEPARTMENTS � To Page 2 $5.491,625.24 ,S 619,519.33 $ 248,241.�3 $1.299.625.20 i� -3- � � � � � Fire Street Engineering Park Waste Department Department Department Cemetaries Department Disposal $ 40,768.26 $ 59,177.44 $ 11,903.54 $ 1,628.67 $ 41,865.37 $ 119,716.29 � 748,066.93 276,884.43 212,222.15 23,345.50 199,287.42 305,283.24 � 7,564.37 25,984.67 1,176.39 1,255.46 2,718.10 113,379.65 1,967.67 119,147.31 --- 854.19 20,559.78 --- � 2,642.00 3,028.85 7,456. 70 --- 5,690.02 11,900.82 � 2,067.68 286.58 1,620.96 --- 1,601.61 421.21 � 156,213.97 54,958.18 49,362.28 5,907.23 28,337.16 70,776.50 � 2,247.99 54.00 426.62 --- 141.85 130.25 8,419.26 10,457.24 1,622.74 --- 2,364.46 1,741.71 � 10,832.76 16,166.50 --- 247.82 57,571.24 8.14 � --- 99,713.99 --- === 1,640.80 --- 17,064.00 25,107.00 7,313.00 11,426.00 23,937.00 � --- --- --- --- --- --- 24,799.29 48,194.84 3,927.05 2,214.13 44,331.38 108,857.20 � 11,332.83 3,339.76 1,424.95 100.00 �00.00 4,344.60 � --- --- --- --- --- --- � --- --- 1,042.42 --- 17,316.16 3,151.32 --- --- --- --- --- 9,500.00 � 1 Q1 S 742 0 79 299 9 80 39 0 35 1 35 3 14 93 � � -3- � CITY OF CAPE GIRA RDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS LIBRARY OPERATING FUND � Year Ended June 30, 1980 � BALANCE IN FUND, JULY 1, 1979 $ 92,790.21 RECEIPTS AND TRANSFERS: Locally assessed and public service � corporation taxes, Page 19 $ 198,438.12 Transfers from Cash Collection Fund 9,191.34 Interest on investments 9,139.51 ■ Transfer from State Aid Fund _ 7,000.00 �� Total receipts and transfers 223,768.97 � DISBURSEMENTS: � Salaries and wages $ 126,719.51 Books 27,943.77 Payroll taxes and insurance 7,947.98 � Auditing 675.00 Utilities 4,344.61 Repairs and maintenance 1,473.47 Various supplies and miscellaneous 4�314.98 � Art prints, periodicals and newspapers 3,554.21 Records, films, microfilm, etc. 1,581.18 Equipment, furniture and fixtures 2,910.24 � Communications , 3,852.96 Office Supplies 6,308.36 Car allowance, travel and memberships 3,188.07 � Postage, freight and express 3�443.56 Insurance and bonds 4,594.00 Total disbursements $ 202,851.90 � Excess of Receipts Over Disbursements 20,917.07 � � � BALANCE IN FUND, JUNE 30, 1980 $ 113.707.28 � � � -4- � � CITY OF CAPE GIRARDEAU, MISSOURI F� SCHEDULE OF RECEIPTS AND DISBURSEMENTS �� SEWAGE DISPOSAL BOND, INTEREST AND OPERATING FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND, JULY 1, 1979 $ 195,563.35 � RECEIPTS: Taxes collected, Page 27 $ 391,039.46 Interest on Investments 13,809.64 Maintenance and C�nnection Fees 563.00 � Total Receipts $ 405,412.10 � DISBURSEMENTS: Equipment $ 34,951.50 � Salaries and Wages 173,915.34 Bond Retirement 60,000.00 Interest 15,182.68 � Utilities 84,084.70 Repairs and Maintenance 29,579.44 Various Supplies and Fuel 54,517.37 � Payroll Taxes and Insurance 31,378.77 Telephone 2,874.91 Insurance 22,753.00 Travel 1,008.40 � Refunds 269.15 Publications, Books, Dues 472.96 � Total Disbursements $ 510,988.22 AExcess of Disbursements Over Receipts , (105,576.12) t� � � . BALANCE IN FUND, JUNE 30, 1980 � 89.987.23 � � � � -5- � CITY OF CAPE GIRARDEAU. MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS PUBLIC HEALTH FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 24,944.79 � RECEIPTS: � Locally Assessed and Public Service Corporation Taxes, Page 19 $ 71,748.50 Interest on Investments 1,860.48 � Miscellaneous 85.99 Total Receipts $ 73,694.97 � � DISBURSEN�NTS: � Salaries and Wages $ 34,053.66 Ambulance Service 31,900.00 Payroll Taxes and Insurance 4,789.87 � Various Supplies and Maintenance 2,228.36 Utilities 361.34 Insurance 1,662.00 Other Expenses 17.10 � Total Disbursements $ 75,012.33 � Excess of Disbursements Over Recei ts 1 317 3 P � � • 6) � � � BALANCE IN FUND JUNE 30, 1980 ,$ 23,627.43 � � -6- � � CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS MOTOR FUEL TAX FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 580,669.�2 � RECEIPTS: Motor Fuel Tax Receipts $ 285,257.76 Motor Vehicle Sa1es Tax Receipts 16,434.12 � Pothole Funds 65,478.15 Interest on Investments 34,898.44 � Total Receipts $ 402,068.47 � DISBURSEMENTS AND TRANSFERS: Street Construction, Participation and Repairs: � Cape Rock Drive $ 134,025.00 Clark Street 69,360.00 Independence Street 5,336.25 � South Minnesota Street 23,882.50 North Sprigg Street 13,618.00 South Pacific Street 5,194.50 � North Main Street 9,875.50 Lakeshore Drive 8,752.50 Route 74 23,500.00 Yorktown Drive 4,075.32 � Arena Park 23,645.30 North End Boulevard 11,760.00 Miscellaneous Materials and Costs 1,917.55 ■ Easement and Settlements 5,210.00 �� $ 340,152.42 � Transfer to General Revenue Fund, Page 2 280,000.00 Total Disbursements and Transfers $ 620,152.42 � Excess of Disbursements Over Receipts (218,083.95) � � � BALANCE IN FUND JUNE 30, 1980 S 362,585.37 � -7- � CITY_OF CAPE GIRARDEAU� MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS MUNICIPAL AIRPORT FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 28,236.50 RECEIPTS AND TRANSFERS: � Rentals and Landing Fees: Agricultural Lease $ 15,981.52 Ozark Airlines 8,112.54 Restaurant 2,602.21 � FAA (U. S. Treasury) 10,059.68 Cape Central Airways 20,880.00 Air I1linois 2,485. 56 � Sign Displays 485.00 Dickman Aviation, Inc. 360.00 Travel Shop 1,200.00 � Mid-State Aeromotive 1,205.34 $ 63,371.85 Commissions on Auto Rentals 17�570. 90 Insurance Recovery 6,191.50 Interest on Investments 1,785.87 � Other Receipts 154.84 Total Receipts $ 89,074.96 � DISBURSEMENTS: � Parking Lot $ 7,840.43 Furniture, Fixtures, Equipment 18,141.80 Salaries and Wages 13,622.33 Utilities 23,332.59 � Repairs and Maintenance 9,260.95 Various Supplies 5,910.65 Insurance 2,748.00 � Drainage Taxes 776.11 Payroll Taxes and Insurance 2,459.48 Travel, Publications and Miscellaneous 1,700.69 � Total Disbursements $ 85,793.03 � Excess of Receipts Over Disbursements 3,281.93 � � � BALANCE IN FUND JUNE 30, 1980 S 31,,,518.43 � -8- � CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS MAUSOLEUM FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 5,772.93 � RECEIPTS: � Interest on Investments $ 580.04 � � � DISBURSEMENTS: Insurance 266.00 � � Excess of Receipts Over Disbursements 314.04 � � � � � BALANCE IN FUND JUNE 30, 1980 $ 6.086.97 � � -9- � � CITY OF CAPE GIRARDEAU , MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS FEDERAL SHARED REVENr_�E FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 501,636.91 � RECEIPTS: � Federal Revenue Sharing Receipts $ 635,692.00 Interest on Investments 48,115.03 Total Receipts $ 683,807.03 � � DISBURSEMENTS AND TRANSFERS: � Park Development $ 63,442.36 Fire Station 4k1 459,904.34 Audit 960.00 � Publications 39.48 $ 524,346.18 Transfer to General Revenue Fund (Waste � Disposal Operation) , Page 2 441,680.00 � Total Disbursements and Transfers $ 966,026. 18 Excess of Disbursements Over Receipts (282,219.15) � � � � � BALANCE IN FUND JUNE 30, 1980 S 219,417.76 � -10- � � CITY OF CAPE GIRARDEA�_1, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS 1965 AIRPORT BOND, INTEREST AND SINKING FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 222,715.66 � � RECEIPTS: � Locally Assessed and Public Service Corporation Taxes, Page 19 $ 51,346.58 Interest on Investments 21,904.70 � Total Receipts $ 73,251.28 � � DISBURSEMENTS: � Bonds Retired $ 65,000.00 Interest 18,264.61 Total Disbursements $ 83,264.61 � � Excess of Disbursements Over Receipts ( 10,013.33) � � � BALANCE IN FUND JUNE 30, 1980 ,� 212,702.33 � � -11- � � CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS LIBRARY CONTRIBUTION FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 37,169.39 � � RECEIPTS: Contributions $ 70,145.17 Interest on Investments 4,869.32 � Total Receipts $ 75,014.49 � � � DISBURSEMENTS: Contribution Campaign Management $ 160.50 � Equipment and Furnishings 22,385.38 Landscaping 3,200.00 � Total Disbursements $ 25,745.88 � Excess of Receipts Over Disbursements 49,268.61 � � � BALANCE IN FUND JUNE 30, 1980 ,$ 86�438.00 � � -12- � � � CITY OF CAPE GIRARDEAU, MISSOURI SCHEDULE OF RECEIPTS AND DISBURSEMFNTS SEWAGE DISPOSAL PROJECT FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1 1979 � $ 18,964.11 � � RECEIPTS: � Interest on Investments $ 1,273.53 � � � DISBURSEMENTS: Engineering Services (Sewer Study - Cape La Croix Creek) 7,565.50 � � Excess of Disbursements Over Recei ts P ( 6,291.97) � � � . � � BALANCE IN FUND JUNE 30, 1980 ,� 12,672.14 � � -13- � CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS CASH BOND FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 1,836.12 � � RECEIPTS: � Interest on Investments $ 123.29 � DISBURSEMENTS AND TRA.NSF�RS: � Bond Refunds $ 1,500.00 Transfer to General Revenue Fund, Page 2 40�.00 � Total Disbursements and Transfers �S 1,900.00 � � Excess of Di.sbursements nver Re<�c� ipts ( 1,776.71) � � � � BALANCE IN FUND JUNE 30, 1980 ,� 59.41 � Performance bonds are required on contracts Let by the City. Bonds may be submitted through an insurance company or in the form of cash. Since some contractors desire to � submit cash bonds, the City establishec.3 this fund to account for the cash bonds. The balance at June 30, 1980 represents earnings accumulated; no cash bonds were heid at that date. � -14- � CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS LIBRARY BUILDING FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 309,259.84 � � RECEIPTS: Locally Assessed and Public Service Corporation Taxes, Page 19 $ 5,230.19 � Interest on Investments 29,712.11 Totai Receipts $ 34,942.30 � � DISBURSEMENTS: � Architect's Fees $ 15,132.93 Other Building Construction Costs 138,556.84 Consultant's Fees 5,452.94 � Tota1 Disbursements $ 159,142.71 � Excess of Disbursements Over Receipts (124,200.41) � � � � BALANCE IN FUND JUNE 30, 1980 S 185,059.43 � � -15- � � CITY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS GOLF COURSE FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 26,739.99 � RECEIPTS AND TRANSFERS: Course Fees and Passes $ 44,872.46 Concessions 12,753.39 � Equipment Rental 27,601.42 Interest on Investments 818.73 Storage and Miscellaneous 975.23 � $ 87,021.23 Transfer From General Revenue Fund, Page 2 50,000.00 Transfer From Capital Improvement Fund, Page 17 5,000.00 � Total Receipts and Transfers $ 142,021.23 � DISBURSEMENTS: � Furniture, Fixtures and Equipment $ 29,299.55 Salaries and Wages 68,868.50 Payroll Taxes and Insurance 7,301.05 � Equipment Maintenance 7,821.25 Building, Street and A11ey Maintenance 3,487.95 Grounds Maintenance 1,878.07 Purchase for Resale 16,995.53 � Travel and Association Expense 682.16 Telephone 646.01 Utilities 2,992.36 � Supplies 25,562.98 Sal.es/Use and Other Taxes 1,220.46 Miscellaneous 110.75 � Insurance 3,640.00 Total Disbursements $ 170,506.62 � Excess of Disbursements Over Receipts ( 28,485.39) � � BALANCE IN FUND JUNE 30, 1980 ,�( 1,745.40) � � -16- � CiTY OF CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIPTS AND DISBURSEMENTS CAPITAL IMPROVEMENT FUND � For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ 823,129.98 � RECEIPTS AND TRANSFERS: Grants - Secondary Treatment Plant: Federal $ 52,000.00 State 68,520.00 � Grant - Swimming Pool (Federal) 180,000.00 Shared Cost From Cape Girardeau PubLic School District 95,000.00 Interest on Investments 38,759.91 � $ 434,279.91 Transfer From General Revenue Fund, Page 2 300,000.00 � Total Receipts and Transfers 734 279.91 , � DISBURSF.NIENTS AND TRANSFERS: � S�aimming Pool Deve].opment $ 734,686.,60 Library 529,89�J.32 Secondary Treatment Plant 87,429. 71 � Traffic Safety 12,214.87 Airport Improver�ents 17,596. 72 G�1_f Course 23,176,31 Disaster Warning - Radio Equipment 5,029.52 � Disaster Warning - Siren System 59,880.00(1) Independence Street Bridge 2,287.20(2) $1,472,491.25 � Transfer to Go1f Course Fund, Page 16 5,000.00 T�tal Disbursements and Transfers 51 ,477,1?�:25 � Excess of Disbursements Over Receipts ( 742,911.34) � � BALANCE IN FUND JUNE 30, 1980 21 64 � (1) Recovered from Alert Syster.�s, Inc. August 1980, together with interest and reimbursement of installation and testing costs. � (2) This project transferred to motor fuel tax fund for 1980-81 fiscal year. � -17- � � CITY OF CAPE GIRARDEAU, MISSOURI SCHEDULE OF RECEIPTS AND DISBURSEMENTS � FLOOD DISASTER RELIEF FUND For the Year Ended June 30, 1980 � BALANCE IN FUND JULY 1, 1979 $ -0- � RECEIPTS; � Federal Grant - Flood Disaster Relief 16 000.00 � � � DISBURSEMENTS: Northeast Sewers $ 14,553.59 � College/Henderson Sewers 23,215.03 Tota1 Di.sbursements $ 37,768.62 � � Excess of Disbursements Over Receipts ( 21,768.62) � ' � � � BALANCE IN FUND, JUNE 30, 1980 * $( 21,768.62) � *Deficit To Be Absorbed By Additional Federal Funding Receivable in 1980-81. � -18- � � CITY OF CAPE GIRARDEAU, MTSSOURI � __�_ �__ �_, __---- SCHEDULE OF COLLECTION AND ALLOCATION OF LOCALLY � ASSESSED AND PUBLIC SERVICE CORFORA'rION TAXES For the Year Ended June 30, I98Q 1� Col.l.ections� �� Personal Property Taxes: Assessed for Year 1974 $ 8.05 � Assessed for Year 1975 16.32 Assessed for Year 1976 42. 75 Assessed for Year 1977 197. 76 ■ Assessed for Year 1978 1 ,039.49 �1 Assessed for Year 1979 94,071 . 30 � Total Personal Property Taxes Collected $ 95,375.67 Real Estate Taxes: Assessed for Year 1974 $ 54.26 � Assessed for Year 1975 232.45 Assessed for Year 1976 301.79 Assessed for Year 1977 749.16 � Assessed for Year 1978 7,($2,27 Assessed for Year 1979 569,370.76 Total Real Estate Taxes Collected 578,390.69 � Merchants and Manufacturers Ad Valorem Taxes: Assessed for Year 1977 $ 9, 77 � Assessed for Year 1978 9.76 Assessed for Year 1979 4$,497.54 � Total Ad Valorem Taxes Collected 48,517 .07 Total L�cally Assessed Taxes Collected $ 722,283.43 Public Service Corporation Taxes Coll.ected 35,755. 88 � TOTAL COLLECTIONS $ 758,039. 31 � Allocation: � General Revenue Fund (Page 2) . $ 431 ,275.92 Library Fund (Page 4) 198,438. 12 Public Health Fund (Page 6) 71 ,748.50 1965 Airport Bond, Interest and Sinking � Fund (Page 11) 51 ,346.58 Library Building Fund (Page 15) 5,230. 19 � TOTAL ALLOCATION OF COLLECTIONS S 758.039. 31 � � -19- � � � � � � AUDITORS ' STATEMENT OF RESPONSIBILITY � FOR SUPPLEMENTARY DATA � The following information is not an integral part of the basic cash statements, but is submitted for supplementary purposes. � Except as otherwise noted on the individual pages, it has been tested in connection with our original examination of the basic cash statements, � and subject to those exceptions, is fairly stated in ail respects � material in relation to the cash statements taken as a whole. � � � � � � -20- � � � CITY OF CAPE GIRARDEAU, MISSOURI COMPARISON BETWEEN BUDGETED AND ACTUAL � RECEIPTS AND DISBURSEMENTS - ALL FUNDS For the Year Ended June 30, 1980 � Balance Antici ated Antici ated � P P July l , 1979 Receipts* Disbursements* General Revenue Fund $ 504,167. 76 $ 5,339,840.00 $ 5,668,081.00 � Library Operating Fund 92 ,790.21 208,100.00 216,020.00 �: Sewage Disposal, Bond, Interest and Operating Fund 195,563. 35 353,500.00 476,395.00 Public Health Fund 24,944.79 71 ,600.00 69,363.00 � Motor Fuel Tax Fund 580,669. 32 1 ,176,000.00 1,538,000.00 � Municipal Airport Fund 28,236.50 85,300.00 98,376.83 Mausoletmi Fund 5,772. 93 440.00 400.00 � Federal Shared Revenue Fund 501 ,636. 91 700,815.00 750,500.00 � 1965 Airport Bond, Interest and Sinking Fund 2��2 ,715.hh 65,000.00 83,550.00 Library Contribution Fund 37 ,169. 39 --- --- � Sewage Disposal Project Fund 18,964. 11 1 ,500.00 --- � Cash Bond Fund 1 ,836. 12 150.00 --- Library Building Fund 309,259.84 17,900.00 326,847.00 � �i Golf Course Fund 26,739. 99 88,050.00 158,742.00 Capital Improvement Fund 823,129. 98 1 ,987 ,000.00 2,952,000.00 � Flood Disaster Relief Fund ' --- --- --- �3�373,596.86 �10.095,195.00 $12.338.274.83 � *Transfers have been Excluded From Anticipated � Receipts and Disbursements � � -21- � � � � Anticipated Actual � Balance Balance (Before (After Actual Over Varianc� Due To: Transfers ) Transfers ) or (Under ) Receipts Disbursements Transfers June 30, 1980 June 30, 1980 Anticipated Over (Under) Over (Under) In (Out) � $ 175,926.7b $ 414,240. 57 $ 238,313.81 $( 310,221. 95) $( 176,455. 76) $ 372,080.00 � 84,870.21 113,707.28 28,837.07 15,668.97 ( 13,168.10) --- 72,668.35 89,987.23 17,318.88 . 51 ,912. 10 34,593.22 --- � 27,181.79 23,627.43 ( 3,554. 36) 2,094. 97 5,649.33 --- � 218,669. 32 362,585. 37 143,916.05 ( 773,931.53) (1 ,197,847.58) (28�,000.00) 15,159.67 31,518.43 16,358.76 3,774. 96 ( 12,583.80) --- � 5,812. 93 6,086.97 274.04 140.04 ( 134.00) --- 451 ,951.91 219,417.76 ( 232,534. 15) ( 17,007. 97) ( 226,153.82) (441 ,680.00) � 204,165.66 212,702. 33 8,536.67 8,251.28 ( 285. 39) --- � 37 ,169. 39 86,438.00 49,268.61 75,014. 49 25,745.88 --- � 20,464. 11 12,672.14 ( 7,791. 97) ( 226.47) 7,565.50 --- 1 ,986. 12 59.41 ( 1 ,926. 71) ( 26. 71) 1,500.00 ( 400.00) � 312.84 185,059. 43 184,746.59 17 ,042. 30 ( 167,704.29) --- ( 43,952.01) ( 1 ,745.40) 42 ,206.61 ( 1 ,028.77) 11,764.62 55,000.00 � ( 141,870.02) 80,218.64 222,088. 66 (1 ,552,720.09) (1 ,479,808.75) 295,000.00 � --- ( 21 ,768.62) (� 21 ,768. 62) 16,000.00 37,768.62 --- 1,130,517.03. 1 a14,E06.�7 6E4 2E�.94 $(2,465,264. 35 $(3,149,554.32) $ --- � � � -21- � � � CITY OF CAPE GIRARDEAU, MISSOURI STATEMENT OF BONDS PAYABLE AS OF JUNE 30, 1980 � SEWAGE SYSTEM BONDS AUTHORIZED IN AMOUNT OF $1 ,598,000.00 DATED MAY 1, 1963 IN AMOUNT OF $1 ,000,000.00; DATED MARCH 1 , 1966 IN KMOUNT � OF $80,000.00; DATED DECEMBER 1, 1970 IN AMOLTNT OF $80,000.00 Interest � Bond Numbers � Rate Due Date Principal Interest Total 1963 ISSUE: � August 1 , 1980 $ --- $ 6,635.00 $ 6,635.00 801 thru 865 3.00% February l , 19g1 65,000.00 6,635.00 71,635.00 August 1, 1981 --- 5,660.00 5,660.00 � 866 thru 930 3.00% February 1 , 1982 65,000.00 5,660.00 70,660.00 August 1 , 1982 4,685.Q0 4,685.Q0 931 thru 1000 3. 10% February 1 , 1983 70,000.00 4,685.00 74,685.00 August l, 1983 -�- 3,600.00 3,600.00 � 1 thru 25 (1966 Issue) 3-7/8% February 1 , 1984 25,000.00 1 ,550.00 26,550.00 1 thru 5 (1970 Issue) 5.40% February 1 , 1984 25,000.00 2,050.00 27,050.00 August l, 1984 --- 2,440.62 2,440.62 � 26 thru SO (1966 Issue) 3-7/8% February 1, 1985 25,000.00 1,065.62 26,065.62 6 thru 10 (1970 Issue) 5.00% February 1 , 1985 25,000.00 1,375.00 26,375.00 August 1 , 1985 --_ 1 ,331:25 _1,331.25 � 51 thru 80 (1966 Issue) 3-7/8% February 1 , 1986 30,000.00 581.25 30,581.25 11 thru 16 (1970 Issue) 5.00% February 1 , 1986 30,000.00 750.00 30,750.00 � __ 360.000.00 S 48.703.74 S 408,703.74 � � � � � � � -22- � � CITY OF CAPE GIRARDEAU, MISSOURI � STATEMENT OF BONDS PAYABLE AS OF JUNE 30, 1980 � 1965 AIRPORT IMPROVEMENT BONDS DATED MARCH 1 , 1966 IN AMOUNT OF $880,000.00 � Interest � Bond Numbers Rate Due Date Principal Interest Total September 1 , 1980 $ ___ $ 7,962.50 $ 7,962.50 � 86 thru 99 3.5% Ma�ch l , 1981 70,000.00 7,962.50 77,962.50 September 1 , 1981 6,737.50 6,737.50 100 thru 113 3.5% March 1. 1982 70,000.00 6,737.50 76,737.50 September 1 , 1982 ___ 5,512.50 5,512.50 � 114 thru 128 3.5% March 1, 1983 75,000.00 5,512.50 80,512.50 September l , 1983 4,200.00 4,200.00 129 thru 143 3.5% March l, 1984 75,000.00 4,200.00 79,200.00 � September 1 , 1984 ___ 2,887.50 2,887.50 144 thru 159 3.5y March 1, 1985 80,000.00 2,887.50 82,887.50 September 1 , 1985 ___ 1 ,487.50 1,487.50 160 thru 176 3.5% March 1, 1986 85,000.00 1 ,487.50 86,487.50 � �455�000.00 S 57.575.00 S 512,575.00 � -- � � � � � � � � -2 3- � � CITY OF CAPE GIRARDEAU, MISSOURI � STATEMENT OF BONDS PAYABLE AS OF JUNE 30, 1980 � 1971 INDUSTRIAL DEVELOPMENT BONDS DATED FEBRUARY 1 , 1979 IN AMOUNT OF $2,345 ,000.00 � Interest Bonds Numbers � Rate Due Date Principal Interest Total � August l , 19$p $ --- $ 68,262.50 $ 68,262.50 124 thru 143 7.75% February 1 , 1981 1p0,000.00 68,262.50 168,262.50 August 1, 1981 64,387.50 64,387.50 144 thr.0 165 7. 75% February 1 , 1982 110,000.00 64,387.50 174,387.50 � August 1 , 1982 f-- 60, 125.00 60,125.pp 166 thru 189 7. 75% February 1 , 1983 120,000.00 60,125.00 180,125.00 August 1, 1983 --- 55,475.00 55,475.00 � 190 thru 215 7. 75% February 1 , 1984 130,000.00 55,475.00 185,475.00 August 1 , 1984 50,437. 50 50,437.50 216 thru 243 7.75% February 1, 1985 ]40,000.00 50,437.50 190,437. 50 � August 1, 1985 --- 45,012.50 45,012.50 244 thru 273 7,75% February 1 , 1986 150,000.00 45,012.50 195,012.50 August 1 , 1986 --- 39,200.00 39,200.00 274 thru 306 8% February 1 , 1987 165,000.00 39,200.00 204,200.00 � August 1 , 1987 --- 32 ,600.00 32,600.00 307 thru 342 8% February 1 , 1988 180,000.00 32,600.00 212,600.00 August 1, 1988 --- 25,400.00 25,400.00 � 343 thru 381 8% February 1 , 1959 195,000.00 25,400.00 220,400.00 August 1, 1989 17,600.00 17,600.00 3$2 thru 423 8% February l , 1990 210,000.00 17,600.00 227,600.00 � August l, 1990 --- 9,200.00 9,200.00 424 thru 469 8% February l , 1991 230,000.00 9,200.00 239,200.00 � �1Z730,000.00 $ 935,400.00 �2,665,400.00 � -- - - � Note: Collection of rental income from HWI and disbursements for principal and interest payments are made by Fort Wayne First National Bank, � Trustee. Public funds are not involved in this bond issue. � � � � -24- � CITY OF CAPE GIRARDEAU, MISSOURI � `�'- - STATEMENT OF BONDS PAYABLE AS OF JUNE 30, 1980 � � 1974 INDUSTRIAL DEVELOPMENT BONDS DATED � OCTOBER 1 , 1974 IN AMOUNT OF $2,000,000.00 Interest � Bond Numbers Rate Due Date Principal Interest Total 88 thru 108 7. 75% October 1 , 1980 $ 105,000.00 $ 62,468.75 $ 167,468. 75 � April 1 , 1981 --- 58,400.00 58,400.00 109 thru 131 8% October l, 1981 115,000.00 58,400.00 173,400.00 April 1, 1982 53,800.00 53,800.00 132 thru 156 8% October l , 1982 I25,000.00 53,800.00 178,800.00 � April 1, 1983 --- 48,800.00 48,800.00 157 thru 183 8% October 1 , 1983 135 ,000.00 48,800.00 183,800.00 April 1 , 1984 -__ 43,400.00 43,400.00 � 184 thru 213 8% October 1, 1984 150,Q00.00 43,400.00 193,400.00 April l, 1985 37,400.00 37,400.00 214 thru 245 8% October 1 , 1985 160,000.00 37,400.00 197,400.00 � April l , i98h ___ 31 ,000.00 31,000.00 246 thru 279 8% October 1 1986 170,000.00 31 ,000.00 201,000.00 April 1 , 1987 _� 24,200.00 24,200.00 280 thru 316 8% October 1 , 1987 185,000.00 24,200.00 209,200.00 � April 1 , 1988 ___ 16,800.00 16,800.00 317 thru 356 8% October 1 , 1988 200,000.00 16,800.00 216,800.00 April 1 , 1989 ___ 8,800.00 8,800.00 � 357 thru 400 8% October 1 , 1989 220,000.00 8,800.00 228,800.00 � �1 ,565,000.00 $ 707,668.75 $2,272,668.75 � � Note: Collections of rental income from HWI and disbursements for principal and interest payments are made by Fort Wayne First National Bank, Trustee. Public funds are not involved in this bond issue. � � � � -2 5- � � � CITY OF CAPE GIRARDEAU, MISSOURI STATEMENT OF DELINQUENT TAXES � Jiine 30, 1980 � Merchants and Year Personal Real Manufacturers Assessed Total Property Estate Ad Valorem � 1973 $ 2, 363.51 $ 2 ,363. 51 $ -0- $ -0- � 1974 3,012.62 2,238. 99 136.75* 636.88 1975 1 ,974.84 1 ,766. 82 9.4Q* 198.62 � 1976 2,287.20 1 ,942. 13 197.63* 147.44 1977 3,413 .25 2 ,264.65 811 . 16 337.44 � 1978 11 ,896. 31 2 ,61. 1 .72 8,740.69 543. 90 � 1979 24,618.47 4,870. 15 18,994. 92 753.40 � � TOTALS 49 566.20 18 057. 97 2 . � ' �--_ „_---__ � 8,890 55 $ 2,617.68 � � � *Collected After June 30, 1980 Through Property Sale. � � � -26- � � � � CITY OF CAPE GIRARDF.AU, MISSOURI SEWER TAX COLLECTIONS AND RECONCILIATION � For the Year Ended. June 30, 1980 � Outstanding Tax Bills, June 30, 1979: 1979 Tax Bills $ 283,332.54 Prior Year Tax Bills 62,953.94 � $ 346,286.48 Additions to 1979 Tax Bills 17,897. 71 � 1980 Tax Bills 496,359.67 Total Bills to Be Accounted For $ 860,543.86 � Taxes Collected During Year (Page 5) $ 391 ,039.46 � Add: Discounts $ 11 ,324. 14 Adjustments 5,745.28 � Cancellations 25,676.48 $ 42 ,745.90 Less: Penalties Levied During Year 4,625.09 � 38,120.81 Outstanding Tax Bills, June 30, 1980 (Scheduled Bel�w) 431 ,383.59 � Total Bills Accounted For , As Above _ 860 543.86 � - � Outstanding Tax Bills As of June 30, 1980: � Billed in Year 1980 $ 354,706. 59 Billed in Year 1979 52 ,406. 17 Billed in Year 1978 15,h50. 16 � Billed in Year 1977 � 4,086. 47 Billed in Year 1976 2,095. 10 Billed in Prior Years 2,439. 10 � �4311383_59 � � � -27- � CITY OF CAPE GIRARDEAU, MISSOURI � STATEMENT OF INSURANCE COVF.RAGE June 30, 1980 � Date of: Issue Expiration Company and Policy N�nber Covera�e 8-10-77 5-10-80 Republic Insurance Co. Public Officials of the City: � Policy No. 77080104-UM $1 ,000,000 Maximiun; $1,000,000 each occurance; $2,500 self-insurance retention each occurance � Officials covered: Mayor; members of the council, other duly elected or appoin�ed officials; City Manager, Assistant City Manager; � other appointed department heads; City Attorney and Volunteer Civic Representative senving on 'C�ty Board � and Commissions except school, air- port , hospital, utility, police and fire members. � 8-01-79 8-01-80 Employers Insurance of Wausau Workmen's Compensation and employer's Policy No. 0710-00-044997 liability; Liability limit -$100,000 12-31-79 12-31-$0 General Accident Group Police revolver and pistol club; � Policy No. GLA-46-577-96 Liability insurance amount $400,000 each occurance 4-01-SO 4-01-81 U. S. Fidelity & Grant Co. Fleet Policy - Autos, trucks and � Policy No. BAP 315710 equipment; Bodily injury $100,000 each person, $300,000 each occurance, pro- perty damage $25,000 each occurance, � uninsured motorist, $10,000 each person, $20,000 each accident, $250 deductible on collision (Note: Bodily injury per person and property damage � limits were not verified) 5-08-79 5-08-82 Twin City Fire Insurance Co. Library contents $250 deductible; � Policy No. 84 CBP 903414 Total limit on various contents of $610s751_Individual limits: Fine Arts $600, Valuable Papers $9,011; Property Floater $19,445 � 6-28-80 6-28-81 U. S. Fidelity & Guaranty Co. Refuse d�np liability; bodily injury Policy No. 2LLP84549 $300,000 each occurance; property � damage $10,000 each occurance, � $25,000 aggregate 9-01-79 9-01-80 U. S. Fidelity & Guaranty Co. Property damage on one outboard boat, Policy No. SP 464390 one outboard motor, one boat trailer, � and additional fire equipment: Li�it $12,093 deductible $50 � 5-04-80 5-04-81 U.S. Fire Insurance Co. Mimicipal Airport - Owners' , laridlords Policy No. GLA 13543 K and tenants' liability insurance $1 ,500,000 each occurance � 5-09-80 5-09-81 Hartford Steam Boiler Insp. Library boiler and pressure vessels & Insurance Co. liability, amount $300,000 Policy No. SL 9227073-02 � -28- � CITY OF CAPE GIRARDEAU, MISSOURI STATEMENT OF INSURANCE COVERAGE � ' June 30, 1980 T Date of: � Issue Expiration Company and Policy N�nber Coverage 1-31-$0 1-31-81 Hartford Steam Boiler Insp. Lorimier School, Boiler and pressure & Insurance Co. vessel.s liability, amoimt $300,000 � Policy No. SL-9221073-02 10-11-79 10-11-80 Hartford Steam Boiler Insp. Sewage Treatment Plant - boiler and & Insurance Co. pressure vessels liability, amount � Policy No. SL-9223237-04 $1 ,000,000, 80% co-insurance 11-24-79 11-24-80 U. S. Fidel.ity & Guaranty Co. 35 Walkie Talkies, 10 charges for Policy No. SP484179 Walkie Talkies $16,086; $25 � deductible on each claim 4-01-80 4-01-81 U. S. Fidelity & Guaranty Co. Casualty insurance for radios and Policy No. SP-501734 Walkie Talkies installed in city � vehicles; Total coverage $75,750 $50 deductible 7-28-79 7-28-80 U.S. Fidelity & Guaranty Co. Municipal Swimming Pool, bodily injury � Policy No. 2CCN 76081 $300,000 each occurance, property damage ; $10,000 each occurance 5-09-80 5-09-81 General Insurance Co. of Building and Contents - Commercial � America policy package, $1 ,000 deductible Policy No. CP 65487-A except Mausoletun which has no deductible coverage � Valuable papers - City Hall Building, insurance limits $211,420 Vandalism - Mausoleum stained glass � windows $16 ,000 insurance limit, $100 deductible; Crime coverage, City Hall, inside loss $10,000 outside loss �10,000 Blanket liability coverage $1,500,000 � each occurance on schedule premises 10-06-77 10-06-80 General. Insurance Co. of Vandalism and malicious mischief; America � � Policy N�. CP 814658 Trickling Filter Tank Bldg. 1,423,800 Effluent Sampling Station 16,300 Flood Ptnnping Station 161,800 � Laboratory 116,700 Garage and Shop 88,600 6-04-80 6-04-81 United State .Fire Insurance Co. 'Itao-store building occupied as vacuum � Policy No. 240-772477-1 filter and incinerator building situated S/E corner Cooper St. & Mo. Pac. Railroad; limit $2,075,910; � 100% co-ins. Fire & lightning 6-20-80 6-20-81 National Flood Insurance Laboratory Building S. E. corner Program Cooper St. & Mo. Pac. RR, $100,000 � Policy No. FL 93707889 6-20-80 6-20-�1 National Flood insurance Trickling Filter Building, S. E. corner Program Cooper St. & Mo. Pac. RR, $100,000 � Policy No. FL93708790 � -29- � CITY OF CAPE GIRARDEAU, MISSOURI � STATEMENT OF INSURANCE COVERAGE � June 30, 19R0 Date of: � Issue Expiration Company and Policy Number _ Coverage 6-20-80 6-20-81 National Flood Insurance Tricklin g Filter pim►p station, S.E. � Program corner Cooper St. & Mo. Pac. RR, Policy No. 9370879] $100,000 3-5-80 3-5-81 Comm. Union Insurance C��. School District 4�63 & City of Cape � Policy No. E587461 swimmin� pool; Bodily Injury $300,000; Property Damage $50,000 6-20-80 6-20-81 National Flood Insiirance Vacuum Filter and Incinerator Building � Program S. E. corner Cooper St. and Mo. Pac. Policy No. 93708792 RR, $100,000 6-20-80 6-ZO-81 National Flood InGurance Gr�r.age and shop building, S.E. corner � Program ('�oper St. and Mo. Pac. RR, $90,200 Policy No. 93708793 � � � � � � � � � � � -30- � CITY OF CAPE GIR�IRDF.AiJ, MISS(IURI � S[1PpLEMF..NTARY SCHEDULF. (�F C�VER�1(;F.S ()N TH1; GENE�IL INSURANCE Cc)Ml'ANY OF AMERICA � POI,ICY Nn.GP h54�i�7 . - .Tune 30, 1980 � Fire, lightning and vandal.ism, exrended cover:��c� 9(1/ cc,- insuraiice c]ause , $1 ,000 Deductible except for Mausoleum. - � Building C�ntents Total City Hall, 403 Independence $ 524,300 $ 85,000 $ 609,300 � Library, 46 N. Lorimier St. 172,900 --- 172,900 Fire Station ��1 , 5�4 Independence 1hh,200 15 ,000 181,200 Street Department Building, 522 Inde.}�endence 33, 300 -- 33,300 Pol.ice Station, 40 S. Sprig� St . - 1 ,�72 ,000 135,000 1 ,707,000 - � Bandstand, Perry Ave, 44 ,H00 --- 44,800 Bath House, 1450 Broadway 44 ,H00 --- 44,800 Airport Hanger 133,200 --- 133,200 � Airport Shop and Office 1hh ,900 --- 166, 900 Airporr Terminal Pilot Supplies Building 3(10,000 5,500 305,500 Airport Terminal and Retaiirant 7h ,200 12,000 88,200 � Grandstand, Baseball Park 2�, 100 --- 26,100 Fire Station ��2, 1632 Independence 73,200 5,000 78,200 Fire Station �i3, 429 Independence 73,200 --- 73,200 Fire Station ��4, 1435 Kurre Lane IIh,l00 8,800 124. 900 � Mausoleum, New Lorimier Cemetary 150, 300 --- 150,300 Arena Auditoriian and Grandstand l ,(12R,000 10,000 1 ,038,000 Fort "D", W. Fort & Gibony, S. F�rt & F.lm St. 35 ,300 --- 35,300 � Bath House, R-401 Caruthers Ave. 4hh ,000 16,000 482,000 :� Swimmin g Pool , R-401 Caruthers Ave. 344,000 344,000 1822 Perryville Road (Building) 34,700 . --- 34,700 � Public Works Buil.ding, 269 N. Kingshigl�w��v 329,200 --_ 329,200 Public Works (Truck Repair) 309 N. Kiilgshighway 4h,200 46,200 Public Works (Maintenance Bldg. ) 309 N. Kingshi�;hw,:ly 57,800 --- 57,800 Jaycee Puhlic Golf Course, Building �tl 27 ,500 103,000 130,500 � Jaycee Public Golf Course, Building 1,E2 _ 22 ,000 --- 22,000 $_C�,��4�200 395�300 $6,459.500 � --- - -___= -__ SUPPLEMENTARY SCHEDULE OF PREMISF.S iJNDF.R RT..ANKET LIABILITY � � ^ COVERA(;E GFNF.R[kL INStJR�NCE COTIPANY OF AMERICA POLICY N0. CO 65�+587 � 4h N. Lorimier (Puhlic I,ihrary) Corner of W. Fort & Gibc�ney, S. Port & Eim Streets (Fort "D") Arena Buildin g, l�cated nrena Park � Radio Antenna - Gordc�nville Road 1822 Perrvyille Road 403 Independence St. (Ci.ty Hall) � � -"3 I - � � CITY OF CAPE GIRARDEAU, MISSOURI f� NOTES TO THE FINANCIAL STATEMENTS � June 30, 1980 � 1. The City prepared its financial statements on the basis of cash receipts and disbursements. Revenues and expenses are recognized when received or paid rather than when earned or incurred. Consequently, there are no receivables, � payables, deferrals or accruals to reflect in the statements. 2. A balance. sheet, reflecting accrued items, fixed assets and other assets and � liabilities is not prepared. As a result, the accompanying statements should not be construed as presenting financial position at June 30, 19$0. The statements are limited to the presentation of cash transactions for the year � and cash fund balances resulting therefrom. In this connection, the City's petty cash funds have been excluded from fund balances. (Such petty cash funds are immaterial in relation to the statements taken as a whole). � 3. During the year �ust ended, the City operated under a depository agreement with the First National Bank of Cape Girardeau. As part of that agreement the bank had pledged securities with a market value of $3,152,602 at June 30, � 1980 to secure the City' s deposits. 4. The City Library has two other funds, not shown in this report. The fund balances are as follows, and are further detailed in a separate audit report: � State Aid Fund $ 2,020.63 Cash Collection Fund 453.88 � Total S,_2�474. 51 � 5. Also excluded from this report are six payroll deduction custodial accounts, to which payroll deductions are deposited until such time as they are remitted to the appropriate agency for whom they were withheld. The June 30, 1980 � balances of these custodial accounts, as verified by bank confirmation, were as follows: Employees' Insurance Account $ 12,557.96 � Custodian of Contributions Acct . -0- Employees' Reitrement Account 0.36 � U. S. Savings Bond and Withholding Account 1 ,524.55 � Library Retirement Account -0- State Withholding Account -0- � Total �_14,082.87 � -32- � � � NOTES TO THE FINANCIAL STATEMENTS: (Continued) � � 6. Suits and claims against the city of the date of this report include the following: � (a) Westborough Mall vs. City and City Councilmen concerning zoning action taken by the council. $2,500,000. The City Attorney anticipates no liability arising from this suit. � (b) Eaker vs. City for property damages suffered during snow removal operations of Missouri National Guard. $30,000. City Attorney believes suit is directed toc,rrcmg party, and city will incur no � liability.. (c) Palmer vs. City for personal injuries substained from a fall on a � city sidewalk. $50,000. City Attorney expressed no opinion on the merits of this case, and had no estimate regarding its probable outcome. � Other pending suits are minor in nature and if successful would be immaterial in their effect on the City. � � � � � I I I -33-