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Home My WebLink About1980-1981.AuditReport.Library � � � � � � TABLE OF CONTENTS � Page � Auditors' Report � Schedule of Receipts, Disbursements and Fund Balances: � Library Operatinq Fund 2 Library Building Fund 3 � Library Contributions Fund 4 State Aid Fund 5 � Cash Collection Fund 6 � � � � � � � � � � � � � � � CAPE GIRARDEAU PUBLIC LIBRARY � CAPE GIRARDEAU, MISSOURI � � � AUD I TORS ' i�E rORT JUNE 30, 1981 � � � � � � � � � �� ,�� & -�.�,�� CERTIFIED PUBLIC ACCOUNTANTS 2703 THEMIS STREET � -�.� �,��. �� 6�70� ROBERT J.EARLEY,C.P.A. TELEPMONE � JOHN R.JANBBEN,G.P.A. (314)394-2846 TERRV R.BEGLEV,C.P.A. GARY G.BTANLEY,C.P.A. TERRV L.DECK,C.P.A. � � To the Board of Trustees Cape Girardeau Pubiic Library Cape Girardeau, Missouri 63701 � We have examined the accompanying statements of cash receipts, disbursements � and fund balances of the funds listed below of the Cape Girardeau Public Library, for the year ended June 30, 1981 : Library Operating Fund � Library Building Fund Library Contributions Fund State Aid Fund � Cash Collection Fund Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records � and such other auditing procedur2s es we considered n2cessary in the � ci�cumstances. � It is the policy of the library to prepare its financial statements on the basis of cash receipts and disbursements; consequently certain revenues are recognized when received ratner than when earned, and certain ex?enses � are recoonized when �aid rather than when the obligation is incurred. Additionally; the Library neittier mainta�ns bal <�nce sheet accounts for the various funds nor does it provide depreciation for certain fixed assets. Instead, the Library records the total expenditure as an expense of the � fund in the period the payment is made. Accordingly, the accompanying statements of cash receipts, disbursements and fund balances are not intended to present financial position and results of operations in conformity with � generaily accepted accounting principles. in our opinion, the aforementioned statements, prepared on a cash basis, � present fairiy the balances of the funds listed above of the Cape Girardeau Public Library, at June 30, 1981 , and the cash transactions for the year then ended, on a basis consistent with that of the preceding year . � Respectfully submitted, ��@.+��5.4e��kh�,.�„�- ��q�,�';� � /n r'1 ROBERT J . EARLEY & COMPANY Certifie�i Public Accountants � Augu�;t 31 , 1981 � CAPE GIRARDFAU PUBLIC L18RARY CAPE GIRARDEAU, MISSOURI � SCHEDULE OF RECEIFTS, DISBURSEMENTS AND FUND BALANCES L I BRARY OPERAT I fvG FUND � Year Ended June 30, 1981 � BALANCE IN FUND JULY I , 1980 $ 113,707.28 RECEIPTS AND TRANSF-ERS: Locally assessed and public service � corporation taxes $ 216,706.99 Transfers from Cash Collection Fund, page 6 20,670.07 Interest on investments 12,398.05 � Transfer from State Ai �j Fund, page 5 10,000.00 Bequest 5,000.00 Miscellaneous 22.00 � Total receipts and transfers 264,797. 11 $ 378,504.39 � � DISBURSEMENTS: Salaries and wages $ 133,814.74 �ooks 31 ,842.77 � Payroll taxes and insurance 8,773.84 Auditing 720.00 Utilities 17,417.07 Repairs and maintenance 2,651 .70 � Various supplies and miscellaneous 3,460.22 Art prints, periodicals and newspapers 4,287.20 Records, films, microfilm, etc. 6,005.73 � Equipment , furniture and fixtures 3,224. 12 Communications 8,245.25 Office supplies 6,862.96 � Car allowance, travel and memberships 5,807.76 Postaqe, freight and express 4,213. 10 Insurance and bonds 6,347.00 Total disbursements 243,673.46 � � BALANCE IN FUND JUNE 30, 1981 $ 134,830.93 � CONSISTING OF: Cash in checking account $ 36,830.93 Cash in open time deposit 98,000.00 � Total as above $ 134 830.93 � � —,_ � CAPE GIRARDEAU PU�LIC LI �RARY C��E GIRARDEAU, MIS�OURI � --------- ---- - SCHEDULE OF RECEIPTS, DISBURSEMENTS AND FUND BALANCES LIBRARY BUILDING FUND � Year Ended June 30, 1981 � BALANCE IN FUND JULY I , 1980 $ 185,059.43 � RECEIPTS: f� Interest on investments 12, 193.22 � � $ 197,252.65 � DISBURSEMENTS: Architect 's fees $ 1 ,880. 74 Street paving 9 172.00 Moving expenses 2, 150.00 � Other library construction costs 65,216. 74 � Total disbursements 78,419.48 � � BALANCE IN FUND JUNE 30, 1981 $ 118,833. 17 � � CONSISTING OF : � Cash in checking account $ 49,833. 17 Cash in open time deposit 69,000.00 � Total as above $ 118,833. 17 � � � � CAPF (�IRARDEAU PUBLIC LIBRARY CAPF G I RARD�AU, fv",I SSO�JR I � SCHEDULE Of= RECEIPTS, DISBURSEMENTS AND FUND BALANCES LIBRARY CONTRIBUTIONS FUND � Year Ended June 30, 1981 � BALANCE IN FUND JULY I , 1980 $ So 438.00 , � RECEIPTS AND TRANSFERS: � Contributions $ 34,667. 13 Sale of old equipment 5,378. 71 Interest on investments 1 ,271 .59 � Total receipts 41 ,317.43 � $ 127,755.43 � DISBURSEMENTS: Equipment and furnishings $ 99,048.03 � Landscaping - outdoor signs 5,298.40 Total disbursements 104, 346.43 � BALANCE IN FUND JUNE 30, f981 $ 23,409.00 � -- � CONSISTING OF: Cash in checking account $ 10,409.C� Cash in open time deposit 13,000.00 � Total as above $ 23,409.00 � � � � � -4- � CAPE GIRARDEAU PUBLIC LIBRARY CAPE GIRARDEAU MISSOURI � SCHEDULE OF RECEIPTS, DISBURSEMENTS AND FUND BALANCES � STATE AID FUND Year Ended June 30, 19�1 � � BALANCE IN FUND JULY I , 1980 $ 2,020.63 � RECEIPTS: State aid $ 9,010.48 Reimbursement of trave� and meeting expenses ( footnotei � ,298. 70 � Reimbursements of other expenses 972.86 Total receipts 11 ,282.04 � $ 13,302.67 � DISBURSEMENTS AND TRANSFERS: Travel $ 400.00 Dues and registrations 451 .65 Records, toys, & equipment 650.00 � Printing and supplies 157. 36 Mowing 450.00 Postage 80.00 � Misceilaneous 318. 35 Total disbursements $ 2,507. 36 � Transfer to Library Operating Fund, page 2 10,000.00 Total disbursements and transfers 12,507.36 � BALANCE IN FUND, JUNE 30, 1981 $ 795.31 � � CONSIST� NG OF: Cash in checking account $ 795,31 ( Footnote: With permission from the Board, the Librarian has written checks for I tickets and anticipated expenses for trustees' and staff travel expenses. Staff inembers in turn reimburse the State Aid Fund when actual expenses are paid from the Operating Fund. Trustees' actual expenses and staff national conference expenses are paid by the fund. ( I _r�_ � CAPE GIRARDEAU PUBLIC LIBRARY CAPE GIRARDEAU, MISSOUP, I � SCHEDULE OF RECEIPTS, DiSBURSEMENTS AND FUND BALANCES � CASH COLLECTION FUND Year Ended June 30, 1981 � � BALANCE IN CASH DRAWER JULY I , 1980 $ 453.88 � RECEIPTS: � Fines $ 8,847.80 Gifts and memorials 6,677.20 Copies and microprints 2,328.64 � Lost and damaged books, fiims, toys, etc. 662.20 f� Reimbursements — Postage, suppiies, telephone, etc. 1 , 114.21 � Card appiications and replacements 406.00 Proceeds from book sales 357.80 � Meeting room charges 65.00 Total receipts 20,458:85 � $ 20,912.73 � DISBURSEMENTS : � Transfers to Operating Fund, page 2 20,670.07 � BALANCE IN CASH DRAWER JUNE 30, 1981 $ 242.66 � � � � �