Audit - 1995City of Salina, Kansas
Comprehensive Annual Financial Report
For the fiscal year ended December 31, 1995
Prepared By: Department of Finance and Administration
Rodney Franz Director
City of Salina, Kansas
Comprehensive Annual financial Report
For the Fiscal Year Ended December 31, 1995
Table of Contents
Introductory Section
Page
Letter of Transmittal 1
Organizational chart 9
List of Principal Officials 11
Financial Section 13
Financial Statements Table of Contents 17
Report of Independent Certified Public Accountants F -1
Statistical Section After F -133
General Government Expenditures by Function
S -1
General Government Revenues by Source
S-2
General Government Tax Revenues by Source
S -3
Property Tax Levies and Collections
S -4
Assessed and Estimated Actual Value of Property
S -5
Principal Taxpayers
S -6
Property Tax Rates, Direct and Overlapping Governments
S -7
Special Assessment Billings and Collections
S -8
Computation of the Legal Debt Margin
S -9
Ratio of Net General Obligation Bonded Debt to Assessed Valuation and Net
S -10
Bonded Debt per Capita
Ratio of Annual Debt Service Expenditures for General Obligation Bonded
S -11
Debt to Total General Government Expenditures
Computation of Direct and Overlapping Bonded Debt
S -12
Revenue Bond Coverage
S -13
Property Value, Construction and Bank Deposits
S -14
Demographic Statistics
S -15
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INTRODUCTORY SECTION
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September 4, 1996
To the Citizens of the City of Salina, Kansas
The Comprehensive Annual Financial Report of the City of Salina, Kansas (the "City ") for the year ended December 31,
1995, is hereby submitted. Responsibility for both the accuracy of the data and the completeness and fairness of the
presentation, including all disclosures, rests with the City. To the best of our knowledge and belief, the enclosed data is
accurate in all material respects and is reported in a manner designed to present fairly the financial position and results
of operations of all various funds and account groups of the City. All disclosures necessary to enable the reader to gain
an understanding of the City's financial activities have been included.
The Comprehensive Annual Financial Report is presented in three sections: introductory, financial and statistical. The
introductory section includes this transmittal letter, the City's organizational chart and a list of principal officials. The
financial section includes the general purpose financial statements as well as the combined, combining, individual fund
and account group financial statements and schedules, and the independent auditor's report on the financial statements
and schedules. The statistical section includes selected financial and demographic information, generWy presented on a
multi-year basis.
The City is required to undergo an annual single audit in conformity with the provisions of the Single Audit Act of 1984
and U.S. Office of Management and Budget Circular A -128, Audits of State and Local Governments. Information
related to this single audit, including the schedule of federal financial assistance and the independent auditors' reports on
the internal control structure and compliance with applicable laws and regulations, is included in a fourth section.
This report includes all funds and account groups of the City. The City provides a full range of services including police
and fire protection; construction and maintenance of streets, drainage facilities and other infrastructure; recreational
activities and cultural events; emergency medical services and convention facilities. In addition to general government
activities, the City also provides water, wastewater, sanitation and solid waste services; therefore, these activities are
included in the reporting entity.
Economic Condition and Outlook
In 1995, the City experienced a year of solid growth in several areas and continued to solidify its standing as the regional
trade center for north central and north west Kansas. Building on growth in recent years, retail expansion continued to
be significant in the community, particularly in the I -70 and South 9t' Street commercial corridors. A total of 47 new
business building permits were issued. New retail facilities included: McDonald's (2), a 49 unit Super 8 motel,
Denny's Restaurant, Sonic Drive In, the Bennington State Bank, a Cotton Patch Restaurant, Wendy's, Taco Bell, True
Value Hardware, and a significant expansion to the Bosselman Truck Plaza. New retail establishments added
approximately 300 jobs to the local economy during 1995. In addition, the Santa Fe Medical Plaza, a major medical
office building was completed across from the Salina Regional Health Center in the Downtown business district.
The activity in the housing industry continued unabated in 1995 with the industry working hard to meet the demand for
new housing. The strong local economy and lower interest rates contributed to this demand. Over 122 new single -
family homes were started in 1995 with the pace expected to continue at this level or higher through 1996. In 1995,
builders started 4 new subdivisions with 286 developable lots to help increase the availability of building lots. 5 more
are scheduled for completion in 1996. In addition to single family homes, an application to develop a 144 unit
apartment complex was approved, with construction scheduled to commence in 1996.
Several industries in Salina are making major expansions to their facilities. Construction began in 1995 on a $10.4
million 197,000 square foot military project located at the Salina Airport Industrial Center. This major expansion to the
Kansas Regional Training Center will provide improved facilities for specialized training to Army, National Guard, and
Army Reserve personnel. The facility conducted over 88,000 man -days of training in 1995. Despite Department of
Defense downsizing, the Salina facility is expected to grow as other smaller sites are eliminated across the country.
Philips Lighting Company's Salina facility, which is the world's largest fluorescent light manufacturing plant, acheived
international recognition for meeting ISO 9002 quality assurance standards. Phillips recently added a new multi - million
dollar production line to its operation in Salina. Phillips also announced another $50 million expansion, scheduled for
construction in 1996.
Crestwood, Inc., a manufacturer of custom built cabinetry is constructing a new 165,000 square foot manufacturing
facility, replacing its current Salina plant and adding 50 jobs to its present complement of 130 employees.
Archer- Daniels - Midland announced its planned construction of a new 76,000 square foot fabrication shop, warehouse,
and office facility. Salina houses the engineering and technical group services for the ADM Milling Division, serving 60
sites in the U,S., Canada, and Mexico.
Great Plains Manufacturing, a maker of agricultural equipment, moved its headquarters to its newly constructed 25,000
square foot office building in 1995, adjacent to one of its manufacturing plants. The company employs 1,200 at several
sites throughout the country.
Major Initiatives
The City continued its efforts to meet federal environmental regulations at its solid waste landfill. In 1995 the City
completed closure of the pre -1994 landfill cell, and opened the second lined cell. The estimated useful life of the landfill
is 40 to 60 years. Cell # 3 is scheduled for Construction in 1998, with Cell # 2 scheduled to close in 1999.
In 1996, the City, Saline County and the State of Kansas will combine to improve and widen Schilling Road and
construct a major stormwater interceptor to protect key commercial and residential areas of South Salina. The City's
share of the $2,294,000 project is $370,000.
The intersection of 9"' Street and Broadway Boulevard is scheduled for reconstruction in 1996 at a cost of $1,220,000.
This is a major access point to the South Ninth Commercial and Industrial Districts, as well a major access for the south
residential area. These improvements should improve traffic flow and increase safety in the area.
The City is also in the midst of a multi -year project to improve major roadways in the southwest part of the city. Work
has begun on a new interchange at I -135 and Magnolia Street. Local finding of approximately $5.,000,000 will be
matched with federal funds to improve access to a major retail area of the city and to Kansas State University - Salina
and the Airport Industrial Center. Additional road and bridge projects are also planned to improve access to the Airport
Industrial Center.
The Oakdale Park soundstage, a public /private partnership, was completed in 1995, providing a significant
enhancement to the recreational and cultural life of the community. In addition, construction was completed on the
Pedestrian/Bicycle path along the Smoky Hill River
Water and Wastewater Improvements remain an important component of the Capital Improvements ]Program, with the
construction of the Schilling Water Tower and improvements totaling $1,500,000 along Water Well road being
completed. In addition, a series of wastewater pump stations are being replaced throughout the City with an improved,
lower maintenance design at a total cost of $2,465,000.
The City's Capital Improvement Plan for 1996 -2000 itemizes projects totaling $41,911,200. The plan is updated each
year, just prior to the operating budget process.
Financial Overview
Actions taken since 1992 have set the stage for what looks to be long -term financial stability for the City. These actions,
combined with a strong economy, have allowed the City to replenish its fund balances and utilize more pay -as- you -go
financing for capital improvements.
Fund balances related to general government operation funds went from $6,209,178 at the end of 1994 to $6,894,620
at the end of 1995. The most important factor contributing to this increase was sales tax collections, which increased by
$564,869, an overall growth of 7.2 %.
The City also established the rates needed to fund enterprise fiord activities. Water rates were increased by 5% on
January 1,1995 while Sewer rates were increased by 4% on July 1, 1995. Tipping fees for the landfill were maintained
at $16 per ton through 1995, however, capital improvements in 1995 for the landfill will likely require an increase in
rates in early 1996. To date, the City has shown the willingness to set fees at levels which will cover operating, capital,
debt service and postclosure costs required to meet subtitle D regulations and generally accepted accounting principles
recommendations. Other enterprise fund fees are adjusted annually to meet anticipated yearly needs.
Financial Information
City staff is responsible for establishing and maintaining an internal control structure designed to ensure: that the assets of
the City are protected from loss, theft or misuse and that adequate accounting data are compiled to allow for the
preparation of financial statements in conformity with generally accepted accounting principles. The internal control
structure is designed to provide reasonable, but not absolute, assurance that these objectives are met. The concept of
reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and
(2) the valuation of costs and benefits require estimates and judgment by management.
Single Audit. As a recipient of Federal, State and County financial assistance, the City also is responsible for insuring
that an adequate internal control structure is in place to ensure compliance with applicable laws and regulations related
to those programs. This internal control structure is subject to periodic evaluation by management. As part of the City's
single audit, described earlier; tests are made to determine the adequacy of the internal control structure, including that
portion related to federal financial assistance programs, as well as to determine that the City has complied with
applicable laws and regulations. The results of the City's single audit for the year ended December 31, 1995 provided
no instances of material weaknesses in the internal control structures or significant violation of applicable laws and
regulations.
Budgetary Controls. In addition, the City maintains budgetary controls. The objective of these budgetary controls is to
ensure compliance with legal provisions embodied in the annual appropriated budget approved by the City Commission.
Activities of all funds are included in the annual appropriated budget. The level of budgetary control is maintained at
the department level by the encumbrance of estimated purchase amounts prior to the release of purchase orders to
vendors. Open encumbrances are reported as reservations of fund balance at December 31, 1995 in the general fund
and the special revenue fund. Various internal compliance procedures are implemented to insure proper implementation
of the budget as well as to maintain a degree of accountability for both revenues and expenditures.
General Government Functions
Shown below are the December 31 actual budgetary basis fund balances in the city's tax supported funds for 1992,
1993, 1994, and 1995.
Fund
1992
1993
1994
1995
General
$2,184,753
$3,357,127
$4,313,622
$4,243,971
Employee Benefits
233,717
539,590
810,223
$1,199,369
Utility
99,364
121,696
236,111
$348,790
Special Liability
24,563
26,364
52,139
$78,470
Bond and Interest
335,915
539,887
797,083
$1,024,020
Fund Balance
$2,878,312
$4,475,137
$6,209,178
$6,894,620
Operating expenditures
tax supported funds
Fund balance as percent of
operating expenditures
$18,196,071 $16,693,296 $19,243,378 $ 19,298,921
15.8% 26.8% 32.3% 35.7%
The following table presents a summary of General Fund, Special Revenue Funds and Debt Service Fund GAAP basis
revenues for the years ended Decembei3l, 1994 and 1995.
Revenue
1994 -1995
1995
1995%
1994
1994 % of
Change
of Total
Total
Taxes
$984,872
$17,138,776
62.1
$16,153,904
62.6
Intergovernmental
- 135,571
3,170,244
11.5
3,305,815
12.8
Charges for Services
496,226
3,585,877
13.0
3,089,651
12.0
Fines
73,231
1,093,347
4.0
1,020,116
3.9
Interest
274,412
823,067
3.1
548,655
2.1
Special Assessments
109,602
977,804
3.5
868,202
3.4
Other
- 53,836
779,853
2.8
833,689
3.2
Total Revenues
$1,748,936
$27,568,968
100.0
$25,820,032
100.0
Besides the revenue increases mentioned earlier, the City did experience other revenue increases. Interest income
increased $ 274,412 due to changing interest rates, the continued ability to invest funds in two year maturities, and
increasing fund balances to invest. Intergovernmental revenues declined, due largely to the loss of a HUD Community
Development Grant. Charges for services also increased substantially. This was due to increases in the charges in the
Bi- centennial Center event fund, and to increases in Engineering fees, EMS fees, and miscellaneous other fees in the
General Fund.
4
The following table presents a summary of General Fund, Special Revenue Funds and Debt Service Fund GAAP basis
expenditures for the years ended December 31, 1994 and 1995.
Expenditure
1994- 1995
1995
1995 % of
1994
1994 % of
General Government
Change
General Government
Total
General Government
Total
General Government
$4,026,032
$5,095,357
19.4
$ 1,069,325
4.4
Public Safety
371,407
7,106,760
27.1
6,735,353
28.0
Public Works
1,000,025
2,323,002
8.9
1,322,977
5.6
Recreation
20,042
1,741,066
6.6
1,721,024
7.2
Cultural
90,493
470,270
1.8
379,777
1.6
Community Development
(154,849)
286,458
1.1
441,307
1.8
Health & Welfare
(57,254)
467,772
1.8
525,026
2.2
Bicentennial Center
346,605
2,067,114
7.9
1,720,509
7.2
Debt Service
27,968
2,800,787
10.7
2,772,819
11.5
Capital Outlay
959,848
3,756,136
14.3
2,796,288
11.6
Other
(4,420,671)
113,315
.4
4,533,986
18.9
Total Expenditures
$2,209,646
$26,228,037
100.0
$24,018,391
100.0
Marry of the apparent changes reflected in the table above are due to significant changes that were made in the functional
classification of expenditures between 1994 and 1995. These are highlighted in the following table.
Description
Agency Contracts
HUD Grant
Gypsum Hill Cemetary
Employee benefits
Special Liability
Business Improvement District
Tourism and Convention
Contingency
Permits and Inspection
Planning
Utilities Expenses
1994 Classification
Other
Community Development
Health and Welfare
Other
Other
Other
Other
Other
Public Safety
Community Development
Other
1995 Reclassification
1995
Amount
Community Development
258,106
General Government
11,760
General Government
85,842
General Government
2,624,348
General Government
397,000
General Government
57,999
General Government
372,533
General Government
164,114
General Government
214,432
Public Works
154,440
Public Works
703,582
General Government expenditures appear to increase by $4,026,032, however, $ 3,928,028 of that apparent increase is
attributable to reclassification, and is offset by decreases in other areas. Of the remaining changes, the largest single
element is an increase for the Building Authority in the amount of $36,723. This is due to changes in the structure of
the Building Authority during 1995, with Unified School District 305 withdrawing from the tripartite agreement. The
facility is now shared by Saline County and the City of Salina.. 1996 will be the first full year of operation under the
reorganization, and, as a result, we anticipate further increases in these costs.
Public Safety expenditures increased by $585,000, after adjustments for reclassification. This was primarily in the area
of personnel costs, and resulted from a total of 8 additional positions authorized.
The Public Works area showed a $140,000 net increase, after adjustments for reclassification. This was largely in
Street Department personnel costs, and reflects the addition of 5 positions plus some additional funding for temporary
staffing through the Summer months.
Bi- Centennial Center expenses increased by $346,605, primarily in the Event Fund, which reflects event costs and
revenues such as ticket sales. The net proceeds from the events fund is transferred to the operations fund, which pays
for operations of the Center. This amount declined by about $25,000, while the expenses associated with operations
increased by about $6,000.
The amount expended for Capital Outlay from operating fund cash increased by $959,848. This continues the trend in
recent years of using cash in place of debt financing for major capital projects. This approach conserves the capacity to
issue future debt, while maintaining and expanding the community's physical infrastructure. The ability to use cash for
Capital Improvements reflects the sound economy of the area and the commitment of local officials to maintenance of
community facilities. A sampling of cash Capital Projects completed or in progress during 1995, :included :
Levee Running/Bicycle Trail
Ohio and Nort h Intersection and Signalization
Crawford and Centenial Intersection and Signalization
Broadway Overlay
Bill Burke Park parking lot
Concrete Pavement Improvements
East Crawford Recreation Area Improvements
Belmont Boulevard Improvements
Fire Station # 4 Addition
General Services Facility Expansion
Police Department Facility Improvements
Smoky Hill Museum Remodeling
Neighborhood Improvements (Streets and Sidewalks)
Oakdale Soundstage
Proprietary Operations
The City has four enterprise operations: Water and Sewer, Golf Course, Solid Waste and Sanitation Significant
changes occurred in each. The table below summarizes some key operational statistics for the enterprise funds:
Water and Sewer rates were both changed in 1995, with Water being increased by 5% on 1/1/95 and Sewer Rates
increasing by 4% on 7/1/95.
Water and sewer revenues increased by $532,000 (5.7 %) in 1995 despite a decline in the amount of water metered.
This is due, in part, to the rate increase and to the increase in the customer base. Golf revenues showed a slight
1994 -1995
1995
1994
Change
Charges for Services:
Water and Sewer
$532,880
$9,853,879
$9,320,999
Sanitation
$19,379
$1,061,691
$1,042,312
Solid Waste
$274,186
$1,471,341
$1,197,155
Golf Course
$34,149
$635,921
$601,772
Water Account billings
2066
219,297
217,231
Water Metered (billion gallons)
-0.098
2.040
2.138
Wastewater Treated (billion gallons)
-0.099
1.693
1.792
Solid Waste Tonnage at landfill
2,075
90,073
87,998
Number of Vehicles at Landfill
3,841
23,063
19,222
Golf Rounds
-22
44,364
44,386
Sanitation Customers
132
12,553
12,421
Water and Sewer rates were both changed in 1995, with Water being increased by 5% on 1/1/95 and Sewer Rates
increasing by 4% on 7/1/95.
Water and sewer revenues increased by $532,000 (5.7 %) in 1995 despite a decline in the amount of water metered.
This is due, in part, to the rate increase and to the increase in the customer base. Golf revenues showed a slight
increase, even though there was no rate increase and rounds played were relatively stable.
The City continued the process of updating the solid waste facility to meet subtitle D regulations. Rates were doubled to
$16 /ton in 1994 and went to a tonnage rate rather than volume. Solid Waste charges were not changed in 1995, but
substantial future rate increases are anticipated to cover the full cost of the Subtitle D requirements. Solid Waste service
charges did increase by $274,186. Sanitation rates were not changed in 1995. Service charges did increase slightly,
partially due to changes in the customer base.
The City utilizes four internal service funds: Risk Management, Worker's Compensation Reserve, Central Garage and
Data Processing. In 1991, the City instituted a partially self - insured workers compensation program The Worker's
Compensation Reserve is used to buy excess insurance coverage, compensate a third party claims administrator and pay
claims as they arise. The City's goal is to establish a $1,000,000 reserve in this fund to provide adequate reserves should
we experience heavy claims. At the end of 1995, fund equity was $647,712 compared to fund equily of $373,960 in
1994. The other internal service funds are used to purchase insurance, repair City vehicles or operate a City-wide
computer system. These costs are apportioned to the various City departments based upon usage.
Debt Administration
The City issued no new Revenue Bonds during 1995. The total amount of revenue bonds outstanding at December 31,
1995 was $35,845,000. There is a reserved investment of $10,607,088 pledged to retire the bonds refunded in the 1994
crossover refunding. The resulting net obligation against the Water /Sewer Utility's revenue stream is $25,238,000.
With the City's policy of issuing revenue bonds for no more than 20 years, the final maturity for these bonds is October
1, 2014.
The City's policy for General Obligation bonds is to issue them for no more than 10 years. The City issued $2,434,000
of internal improvement bonds during 1995. Total bonds outstanding at December 31, 1995 was $13,165,000 with
final maturity scheduled for October 1, 2005. Based upon December 31, 1995 General Obligation bonds outstanding,
per capita debt is $298. The City is well below its maximum debt limit with $66,618,090 in authority remaining.
Internal Improvement temporary notes in the amount of $1,350,000 were issued in November, 1995. These will be
retired through the issuance of General obligation bonds in November, 1997. In addition, temporary notes in the amount
of $1,900,000 were issued in 1995 for the purposes of opening an additional landfill cell. These notes are General
Obligations of the City, but Solid Waste revenues have been pledged to retire the notes over a three year period. The
final due date for the Landfill notes is September 1, 1998.
Cash Management
In 1992, the State of Kansas granted cities increased investing authority. The City of Salina has established an
investment policy that allows maturities for up to two years and investments in the State of Kansas Municipal Investment
Pool. The City stresses a conservative investment policy which provides full collateralization of :investments. At
December 31, 1995, investments under the City's direct control were as follows:
Investment
Municipal Investment Pool
U.S. Government
Investment in Deferred Compensation Plan
Bond Escrow —US Treasury Bills
Total
Amount Percentage
$ 11,922
.03%
22,280,348
64.34%
1,728,230
4.99%
10,607,088
30.63%
$34,627,588 100.00%
The investments in the Deferred Compensation Plan and the Bond Escrow are restricted to specific purposes and are not
available for Government operations.
Independent Audit
Kansas Statutes Annotated 75 -1122 requires an annual audit of the books of account, financial records and transactions
of all administrative departments of the City by independent certified public accountants selected by the City
Commission. This requirement has been complied with and the auditor's opinion has been included in this report.
Acknowledgments
The preparation of the Comprehensive Annual Financial Report was made possible by the dedicated, professional advice
and effort of the Agler and Gaeddert auditing team. A special thank you needs to be given to Brenda Siemsen, City
Accountant, and to Betty Charles, Account Clerk II, both of whom provided outstanding service in the interim between
Finance Directors and were invaluable in accumulating information for audit. Finally, preparation of this report would
not have been possible without the support of the City Commission.
Sincerely,
Dennis M. Kissmg� Rodney F nz
City Manager Director of Finance & Administration
City of Salina
Municipal Court
Administration
Risk Management
Administration
Fire Suppression
City Prosecutor
Ellen .Mitchell
Streets
Personnel
Mel Abbott
Flood Works
Codes /Inspection
Human Relations
Will Burnett
Public Education
Information Services
David Larrick
Fire
Toast Girard
General Services
Frank We inhold
Fire Suppression
Streets
EMS
Flood Works
Codes /Inspection
Cemetery
Public Education
Traffic Control
Central Garage
Sanitation
Landfill
Planning & Dev. I Bicentennial Center
Roy Dudark Keith Rawlings
Planning Operations
Permits & Inspection Food & Beverage
Community Develop. I I BusincssfficketOflice
C /TIZENS
CITY COMMISSION
Evelyn Maxwell, Mayor
Peter F. Brungardt
John Divine
R. Abner Perney
Kristin M. Seaton
I - --j
CITY MANAGER
Dennis M. Kissinger
...................
:D:eputy City Manager ;
ichael W. Mor an
Municipal Court Judge City Attorney
1 Phil Shaffer Greg Bengtson '
Eng. & Utilities Police
Don Hoff I I Jim Hill
Engineering Patrol
Design/Inspection Investigations
Traffic 91 I /Communications'
Water & Waste Water Util. Internal Affairs
Water Treatment & Dist.
Waste Wtr. Coliect.fl'reat.
Arts & I tumanities Parks & Recreation
Martha Rhea Steve Snider
Museum
Arts Education
Arts Services
River Festival
Contract Position
Swimming Pools
Golf'COnrse
Neighborhood Ctrs.
Parks
Recreation
Forestry
Finance & Admin.
Rod 1, ran
City Clerk
Accounting
Utility Accounting
Freasurer
(Rev. 4/96)
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10
City of Salina, Kansas
List of Principal Officials
City Commission
John Divine, Mayor
Peter F. Brungardt, Commissioner
Evelyn Maxwell, Commissioner
Kristin M. Seaton, Commissioner
R. Abner Perney, Commissioner
City Staff
Dennis M. Kissinger. City Manager
Michael Morgan, Deputy City Manager
Rodney Franz, Director of Finance and Administration
Don Hoff, Director of Engineering and Utilities
Jim Hill, Chief of Police
Tom Girard, Fire Chief
Frank Weinhold, General Services Director
Keith Rawlings, Bicentennial Center Manager
Steve Snyder, Parks and Recreation Director
Roy Dudark, Planning and Community Development Director
Martha Rhea, Director of Arts and Humanities
Will Burnett, Human Relations Director
Mel Abbott, Personnel Director
Greg Bengston, City Attorney
David Larrick, Information Services Director
11
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12
FINANCIAL SECTION
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14
CITY OF SALINA, KANSAS
FINANCIAL STATEMENTS
AND
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
December 31, 1995
CITY OF SALINA, KANSAS
FINANCIAL STATEMENTS
For the fiscal year ended December 31, 1995
TABLE OF CONTENTS
STATEMENT PAGE
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS F -1
GENERAL PURPOSE FINANCIAL STATEMENTS
COMBINED BALANCE SHEET - ALL FUND TYPES, ACCOUNT GROUPS
AND DISCRETELY PRESENTED COMPONENT UNITS 1 F -2
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ALL GOVERNMENTAL FUND TYPES,
EXPENDABLE TRUST FUNDS AND DISCRETELY PRESENTED
COMPONENT UNITS 2 F -6
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET - GENERAL, SPECIAL
REVENUE AND DEBT SERVICE FUNDS .S F -10
COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN
RETAINED EARNINGS /FUND BALANCES - ALL PROPRIETARY FUND TYPES,
SIMILAR TRUST FUNDS AND DISCRETELY PRESENTED COMPONENT UNITS ZI F -14
COMBINED STATEMENT OF CASH FLOWS - ALL PROPRIETARY FUND TYPES,
SIMILAR TRUST FUNDS AND DISCRETELY PRESENTED COMPONENT UNITS `; F -16
NOTES TO FINANCIAL STATEMENTS F -20
SCHEDULE;
COMBINING, INDIVIDUAL FUND AND ACCOUNT GROUP STATEMENTS AND SCHEDULES
COMPARATIVE BALANCE SHEETS - GENERAL FUND I F -44
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - GENERAL FUND F -45
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN
FUND BALANCES - ACTUAL AND BUDGET - GENERAL FUND 3 F -46
COMBINING BALANCE SHEET - SPECIAL REVENUE FUNDS 4 F -49
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - SPECIAL REVENUE FUNDS 5 F -53
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES - ACTUAL AND BUDGET - SPECIAL REVENUE FUNDS 6 F -57
COMPARATIVE BALANCE SHEETS - DEBT SERVICE FUND 7 F -74
CITY OF SALINA, KANSAS
FINANCIAL STATEMENTS
For the fiscal year ended December 31, 1995
TABLE OF CONTENTS
SCHEDULE: PAGE
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - DEBT SERVICE FUND
8 F -75
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES - ACTUAL AND BUDGET - DEBT SERVICE FUND
9 F -76
COMPARATIVE BALANCE SHEETS - CAPITAL PROJECTS FUND
10 F -77
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - CAPITAL PROJECTS FUND
I I F -78
COMBINING BALANCE SHEET - ENTERPRISE FUNDS
12 F -79
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN RETAINED EARNINGS - ENTERPRISE FUNDS
13 F -81
COMBINING STATEMENT OF CASH FLOWS - ENTERPRISE FUNDS
14 F -83
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES - ACTUAL AND BUDGET - ENTERPRISE FUNDS
1 `i F -87
COMBINING BALANCE SHEET - INTERNAL SERVICE FUNDS
16 F -95
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN RETAINED EARNINGS - INTERNAL SERVICE FUNDS
17 F -97
COMBINING STATEMENT OF CASH FLOWS - INTERNAL SERVICE FUNDS
18 F -99
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES - ACTUAL AND BUDGET - INTERNAL SERVICE FUNDS
19 F -103
COMBINING BALANCE SHEET- EXPENDABLE TRUST, NONEXPENDABLE
TRUST AND AGENCY FUNDS
20 F -107
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - EXPENDABLE TRUST FUND
21 F -110
COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN
FUND BALANCES - NONEXPENDABLE TRUST FUNDS
22 F -111
COMBINING STATEMENT OF CASH FLOWS - NONEXPENDABLE TRUST FUNDS
23 F -113
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES -
AGENCY FUNDS
241 F -115
COMPARATIVE SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE
2 -5 F -119
SCHEDULE OF GENERAL FIXED ASSETS - BY FUNCTION AND ACTIVITY
26 F -120
CITY OF SALINA, KANSAS
FINANCIAL STATEMENTS
For the fiscal year ended December 31, 1995
TABLE OF CONTENTS
SCHEDULE PAGE
SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS - BY FUNCTION
AND ACTIVITY 27 F -122
SPECIAL REPORTS
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE F -124
SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE
28 F -125
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON INTERNAL CONTROL STRUCTURE BASED ON AN AUDIT OF GENERAL
PURPOSE FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS F -126
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON THE INTERNAL CONTROL STRUCTURE USED IN ADMINISTERING
FEDERAL FINANCIAL ASSISTANCE PROGRAMS F -128
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON COMPLIANCE WITH LAWS AND REGULATIONS BASED ON AN AUDIT
OF GENERAL PURPOSE FINANCIAL STATEMENTS PERFORMED IN
ACCORDANCE WITH GOVERNMENT A UDITING STANDARDS F -130
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON COMPLIANCE WITH THE GENERAL REQUIREMENTS APPLICABLE TO
FEDERAL FINANCIAL ASSISTANCE PROGRAMS F -131
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON COMPLIANCE WITH SPECIFIC REQUIREMENTS APPLICABLE TO
MAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAMS F -132
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
ON COMPLIANCE WITH SPECIFIC REQUIREMENTS APPLICABLE TO
NONMAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAM TRANSACTIONS F -133
234 South Main
P.O. Box 1020
Ottawa, Kansas 66067
(913) 242 -3170
I VIL - A ler orGdeddert CHARTERED
%--J Certified Public Accountants
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
Board of the City Commissioners
City of Salina, Kansas
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
We have audited the accompanying general purpose financial statements of the City of Salina, Kansas as of and for the
year ended December 31, 1995 as listed in the table of contents to the financial section. These general purpose
financial statements are the responsibility of the City's management. Our responsibility is to express an opinion on
these general purpose financial statements based on our audit. We did not audit the financial statements of the Salina
Airport Authority and the Housing Authority of the City of Salina, which are discretely presented component units in
the accompanying financial statements. Those financial statements were audited by other auditors whose reports
thereon have been furnished to us, and our opinion, insofar as it relates to the amounts included for the Salina Airport
Authority and-the Housing Authority of the City of Salina, is based solely on the reports of the other auditors.
We conducted our audit in accordance with generally accepted auditing standards; Government Auditing Standards,
issued by the Comptroller General of the United States; the provisions of the Office of Management and Budget (OMB)
Circular A -128, "Audits of State and Local Governments "; and the Kansas Municipal Audit Guide. Those standards
and OMB Circular A -128 require that we plan and perform the audit to obtain reasonable assurance about whether the
general purpose financial statements are free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the general purpose financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as evaluating the
overall general purpose financial statement presentation. We believe that our audit and the report of other auditors
provide a reasonable basis for our opinion.
In our opinion, based on our audit and the reports of other auditors, the general purpose financial statements referred to
above present fairly, in all material respects, the financial position of the City of Salina, Kansas as of December 31,
1995, and the results of its operations and cash flows of its proprietary fund types and nonexpendable trust funds for the
year then ended in conformity with generally accepted accounting principles.
In accordance with Government Auditing Standards, we have also issued a report dated June 28, 1996 on our
consideration of the City of Salina, Kansas' internal control structure and a report dated June 28, 1996 on its
compliance with laws and regulations.
Our audit was conducted for the purpose of forming an opinion on the general purpose financial statements taken as a
whole. The combining, individual fund and account group financial statements, schedules and additional information
listed in the table of contents to the financial section are presented for purposes of additional analysis and are not a
required part of the general purpose financial statements of the City of Salina, Kansas. Such information has been
subjected to the auditing procedures applied in the audit of the general purpose financial statements arid, in our opinion,
is fairly presented in all material respects in relation to the general purpose financial statements taken as a whole.
In charge of and actively engaged in this audit:
Se
Certi ►ed Public Accountant
June 28, 1996
F -1
City of Salina, Kansas
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 31, 1995
ASSETS AND OTHER DEBITS
ASSETS
Cash and investments
Receivables
Accounts
Taxes
Grants
Interest
Notes
Inventory and prepaid supplies
Interfund receivable
Prepaid expenses
Restricted assets
Cash and investments
Fixed assets (net of accumulated
depreciation)
Financing leases
Deferred charges
OTHER DEBITS
General fixed assets
Amount available in debt service
funds
Amount to be provided for
retirement of general long -term
debt
Total assets and other
debits
LIABILITIES, EQUITY
AND OTHER CREDITS
LIABILITIES
Accounts payable
Retainage payable
Interfund payable
Meter deposits payable
Health claims payable
Governmental Fund Types
Proprietary
Fund Types
Special Debt Capital
General Revenue Service Projects Enterprise
$ 5,688,761 $ 2,923,074 $ 1,024,020 $
284,475
69,279
0
1,874,005
3,578,387
1,002,081
4,680
48,536
0
297,243
0
0
0
1,016
0
72,294
0
0
102,318
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
460,608 $ 15,385,621
0 685,704
0
0
77,308
570,068
0
66,770
0
0
0
345,387
0
0
0
0
0 10,607,088
0 51,339,316
0 0
0 576,975
0 0
0
0 0
0 0
0
0 0
0 0
0
0 0
$ 8,323,776 $ 6,620,292 $ 2,026,101 $ 537,916 $ 79,576,929
$ 151,880 $
75,316 $
0 $
170,953 $
386,562
25,220
0
0
0
0
0
102,318
0
0
0
0
0
0
0
85,419
0
0
0
0
0
The accompanying notes are an integral part of this statement.
F -2
Statement 1
Proprietary
Fiduciary
0
Total
Total
Fund Types
Fund Types
Account Groups
Primary
Reporting
66,820
0
General General
Government
Entity
Internal
Trust and
Fixed Long-
(Memoran- Component
(Memoran-
Service
Agency
Assets Term Debt
dum Only) Units
dum Only)
$ 1,415,383 $ 2,439,131 $
39,693
0
0
0
0
0
0
229
0
0
66,820
0
0
0
0
0
0
0
582,217
0
0
0
0
0
0
0
0
0
0 $
0 $
29,336,598 $
821,186 1i
30,157,784
0
0
1,079,151
15,499
1,094,650
0
0
6,454,473
0
6,454,473
0
0
700,592
0
700,592
0
0
364,242
0
364,242
0
0
1,016
0
1,016
0
0
484,501
0
484,501
0
0
102,318
0
102,318
0
0
0
14,864
14,864
0
0
10,607,088
644,948
11,252,036
0
0
51,921,533
15,265,488
67,187,021
0
0
0
2,100,651
2,100,651
0
0
576,975
92,431
669,406
32,290
0
22,132,290
3,698,839
25,831,129
0
1.024.020
1.024.020
0
1.024.020
0
0
0
11,927,887
11,927,887
0
1 1,927,887
$ 2,104,113 $
2,439,360
$ 22,132,290 $
12,951,907
$ 136,712,684 $
22,653,906
9> 159,366,590
$ 38,136 $ 493,837 $ 0 $
0 0 0
0 0
0 0
206,434 0 0
F -3
0 $
1,316,684 $
189,264 9>
1,505,948
0
25,220
0
25,220
0
102,318
0
102,318
0
85,419
0
85,419
0
206,434
0
206,434
City of Salina, Kansas
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 31, 1995
LIABILITIES - continued
Payable from restricted assets
Accrued interest payable $
Revenue bonds payable - current
Accounts and retainage payable
Salina -KSU sales tax liability
Deferred interest - financing leases
Deferred compensation payable
Accrued compensated absences
Capital leases
General obligation bonds - current
Temporary notes payable
General obligation bonds payable
Revenue bonds payable
Mortgages payable
Landfill closure and postclosure
Deferred revenue
Proprietary
Governmental Fund Types Fund Types
Total liabilities 1,541,888 3,278,732 1,002,081 170,953 42,314,330
EQUITY AND OTHER CREDITS
Investment in general fixed assets
Special
Debt
Capital
0
General
Revenue
Service
Projects
Enterprise
0 $
0 $
0 $
0 $
540,380
0
0
0
0
955,000
0
0
0
0
162,516
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
380,081
0
0
0
0
0
0
0
0
0
248,211
0
0
0
0
2,160,000
0
0
0
0
1,873,866
0
0
0
0
34,890,000
0
0
0
0
0
0
0
0
0
632,295
1,364,788
3,101,098
1,002,081
0
0
Total liabilities 1,541,888 3,278,732 1,002,081 170,953 42,314,330
EQUITY AND OTHER CREDITS
Investment in general fixed assets
0
0
0
0
0
Contributed capital
0
0
0
0
8,465,313
Retained Earnings
Reserved for bond retirement
0
0
0
0
4,296,012
Unreserved
0
0
0
0
24,501,274
Fund balances
Reserved for encumbrances
1,395,228
159,633
0
1,481,153
0
Reserved for inventory
72,294
0
0
0
0
Unreserved
Designated for debt service
0
0
1,024,020
0
0
Undesignated (deficit)
5,314,366
3,181,927
0
(1,114,190)
0
Total equity and other credits
6,781,888
3,341,560
1,024,020
366,963
37,262,599
Total liabilities, equity and
other credits $
8,323,776 $
6,620,292 $
2,026,101
$ 537,916
$ 79,576,929
The accompanying notes are an integral part of this statement.
F -4
Proprietary
Fiduciary
Total
Total
Fund Types
Fund Types
Account Groups
Primary
Reporting
General
General
Government
Entity
Internal
Trust and
Fixed
Long-
(Memoran-
Component
(Memoran-
Service
Agency
Assets
Term Debt
dum Only)
Units
dum Only)
$ 0 $
0
$ 0 $
0
$ 540,380
$ 76,576
S; 616,956
0
0
0
0
955,000
190,000
1,145,000
0
0
0
0
162,516
0
162,516
0
0
0
0
0
182,885
182,885
0
0
0
0
0
76,942
76,942
0
1,728,230
0
0
1,728,230
48,925
1,777,155
30,426
0
0
1,428,764
1,839,271
0
1,839,271
0
0
0
256,220
256,220
0
256,220
0
0
0
2,135,789
2,384,000
0
2,384,000
0
0
0
1,870,000
4,030,000
0
4,030,000
0
0
0
7,261,134
9,135,000
0
9,135,000
0
0
0
0
34,890,000
3,360,000
38,250,000
0
0
0
0
0
1,690,393
1,690,393
0
0
0
0
632,295
0
632,295
0
0
0
0
5,467,967
80,064
5,548,031
274,996
2,222,067
0
12,951,907
63,756,954
5,895,049
69,652,003
0
0
22,132,290
0
22,132,290
3,698,839
25,831,129
455,178
0
0
0
8,920,491
7,121,009
16,041,500
0
0
0
0
4,296,012
0
4,296,012
1,373,939
0
0
0
25,875,213
7,348,414
33,223,627
0
0
0
0
3,036,014
0
3,036,014
0
0
0
0
72,294
0
72,294
0
0
0
0
1,024,020
0
1,024,020
0
217,293
0
0
7,599,396
(1,409,405)
6,189,991
1,829,117
217,293
22,132,290
0
72,955,730
16,758,857
89,714,587
$ 2,104,113 $ 2,439,360 $ 22,132,290 $ 12,951,907 $ 136,712,684 $ 22,653,906 i 159,366,590
F -5
City of Salina, Kansas
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES -
ALL GOVERNMENTAL FUND TYPES, EXPENDABLE TRUST FUNDS
AND DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 1995
The accompanying notes are an integral part of this statement.
[W:
Governmental Fund Types
Special
Debt
Capital
General
Revenue
Service
Projects
Revenues
Taxes
$ 10,554,019
$ 4,457,527
$ 2,127,230
$ 0
Intergovern mental
1,242,823
1,927,421
0
195,642
Charges for services
1,742,782
1,843,095
0
89,413
Fines
1,092,880
467
0
0
Special assessments
0
93,997
883,807
46,563
Interest
808,940
5,811
8,316
11,771
Reimbursed expenses
46,786
15,802
0
109,675
Miscellaneous revenues
507,365
209,900
0
0
Retired participant contributions
0
0
0
0
In kind medical
0
0
0
0
Total revenues
15,995,595
8,554,020
3,019,353
453,064
Expenditures
Current
General government
1,627,248
3,468,109
0
0
Public safety
6,717,771
388,989
0
0
Public works
1,467,141
855,861
0
0
Parks and recreation
1,741,066
0
0
0
Cultural
470,270
0
0
0
Community development
223,890
62,568
0
0
Health and welfare
382,947
84,825
0
0
Bicentennial Center
0
2,067,114
0
0
Other
113,315
0
0
0
Capital outlay
2,563,904
1,192,232
0
1,817,946
Debt service
Principal
0
0
2,235,447
1,495,000
Interest and other charges
0
0
565,340
92,184
Total expenditures
15,307,552
8,119,698
2,800,787
3,405,130
Excess (deficiency) of revenues
over (under) expenditures
688,043
434,322
218,566
(2,952,066)
The accompanying notes are an integral part of this statement.
[W:
Statement 2
Fiduciary
Total
Component
Total
Fund Type
Primary
Unit
Reporting
Government
--7—afa
Entity
Expendable
(Memoran-
Housing
(Memoran-
Trust
dum Only)
Authority
dum Only)
0
$ 17,138,776
$ 0
$ 17,138,776
0
3,365,886
1,316,749
4,682,635
0
3,675,290
104,269
3,779,559
0
1,093,347
0
1,093,347
0
1,024,367
0
1,024,367
862
835,700
7,460
843,160
0
172,263
0
172,263
32,000
749,265
4,110
753,375
0
0
0
0
0
0
0
0
32,862
28,054,894
1,432,588
29,487,482
0
5,095,357
0
5,095,357
0
7,106,760
0
7,106,760
0
2,323,002
0
2,323,002
290
1,741,356
0
1,741,356
0
470,270
0
470,270
0
286,458
909,544
1,196,002
0
467,772
0
467,772
0
2,067,114
0
2,067,114
0
113,315
95,013
208,328
0
5,574,082
0
5,574,082
0
3,730,447
0
3,730,447
0
657,524
48,964
706,488
290
29,633,457
1,053,521
30,686,978
32,572
(1,578,563)
379,067
(1,199,496)
F -7
City of Salina, Kansas
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND 13ALANCES -
ALL GOVERNMENTAL FUND TYPES, EXPENDABLE TRUST FUNDS
AND DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 1995
The accompanying notes are an integral part of this statement.
F -8
Governmental Fund Types
Special
Debt
Capital
General
Revenue
Service
Projects
Other financing sources (uses)
Operating transfers in
$ 17,000
$ 421,158 $
0
$ 0
Operating transfers out
(169,693)
(268,465)
0
0
Bond and temporary note proceeds
0
0
0
3,049,000
Sale of assets
24,035
0
0
0
Total other financing sources (uses)
(128,658)
152,693
0
3,049,000
Excess of revenues and other
sources over expenditures and
other uses
559,385
587,015
218,566
96,934
Fund balances, January 1
6,222,503
2,754,545
797,083
278,400
Residual equity transfer in
0
0
8,371
0
Residual equity transfer out
0
0
0
(8,371)
Fund balances, December 31
$ 6,781,888
$ 3,341,560 $
1,024,020
$ 366,963
The accompanying notes are an integral part of this statement.
F -8
Fiduciary
Total
Component
Fund Type
Primary
Unit
1,910,367
Government
Salina
Expendable
(Memoran-
Housing
Trust
dum Only)
Authority
$ 0
$ 438,158
$ 0
0
(438,158)
0
0
3,049,000
0
0
24,035
0
0
3,073,035
0
Total
Reporting
Entity
(Memoran-
dum Only)
$ 438,158
(438,158)
3,049,000
32,572
1,494,472
379,067
1,873,539
0
10,052,531
1,910,367
11,962,898
0
8,371
0
8,371
0
(8,371)
0
(8,371)
$ 32,572
$ 11,547,003 $
2,289,434
$ 13,836,437
F -9
City of Salina, Kansas
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES -
ACTUAL AND BUDGET - GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS
For the fiscal year ended December 31, 1995
Revenues
Taxes
Intergovernmental
Fines, fees and permits
Special assessments
Charges for services
Use of money and property
Reimbursed expenses
Miscellaneous revenues
In kind medical
Total revenues
Expenditures
Current
General government
Public safety
Public works
Parks and recreation
Cultural
Community development
Health and welfare
Bicentennial Center
Other
Capital outlay
Debt service
Principal
Interest and other charges
Cash reserve
Total expenditures
Excess (deficiency) of revenues over (under)
expenditures
Other financing sources (uses)
Operating transfers in
Operating transfers out
Sale of assets
Total other financing sources (uses)
General Fund
1 L .11 -G l A DIAL nnO 1 Cno nno
1,603,176
1,728,305
Variance
6,721,984
6,837,646
Favorable
Actual
Budget
(Unfavorable)
$ 10,570,756
$ 9,966,520 $
604,236
1,242,823
1,193,354
49,469
2,606,239
2,120,200
486,039
0
0
0
441,016
436,904
4,112
742,410
450,000
292,410
42,107
40,000
2,107
229,705
40,000
189,705
0
0
0
1 L .11 -G l A DIAL nnO 1 Cno nno
1,603,176
1,728,305
125,129
6,721,984
6,837,646
115,662
1,482,341
1,523,521
41,180
1,741,065
1,773,071
32,006
470,270
405,467
(64,803)
258,106
193,425
(64,681)
382,947
382,947
0
0
0
0
113,315
100,000
(13,315)
3,042,845
2,010,000
(1,032,845)
0
0
0
0
A
0
^ion nnn
0
n non AAn
59,007 (3,491,846) 3,550,853
17,000 17,000 0
(169,693) (228,000) 58,307
nn n)c o cnn is cI) c
(128,658) (202,500) 73,842
The accompanying notes are an integral part of this statement.
F -10
Statement 3
F -11 "'
Special Revenue Funds
Debt Service Funds
Variance
Variance
Favorable
Favorable
Actual
Budget
(Unfavorable)
Actual
Budget
(Unfavorable)
$ 4,457,418
4,316,644
$ 140,774
$ 2,127,230
$ 2,027,836
99,394
1,621,187
1,657,535
(36,348)
0
0
0
467
0
467
0
0
0
78,692
75,000
3,692
883,807
870,000
13,807
695,105
663,000
32,105
0
0
0
0
0
0
8,316
0
8,316
7,512
0
7,512
0
0
0
0
0
0
0
0
0
197,217
0
197,217
0
0
0
7,057,598
6,712,179
345,419
3,019,353
2,897,836
121,517
4,155,463
4,408,490
253,027
0
0
0
151,828
134,130
(17,698)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
84,825
86,267
1,442
0
0
0
878,148
912,747
34,599
0
0
0
0
0
0
0
0
0
1,210,246
1,210,800
554
0
0
0
0
0
0
2,235,447
2,355,447
120,000
0
0
0
565,340
659,128
93,788
0
1,442,071
1,442,071
0
400,000
400,000
6,480,510
8,194,505
1,713,995
2,800,787
3,414,575
613,788
577,088
(1,482,326)
2,059,414
218,566
(516,739)
735,305
358,356
370,000
(11,644)
0
0
0
(265,356)
(277,000)
11,644
0
0
0
0
0
0
0
0
0
93,000
93,000
0
0
0
0
F -11 "'
City of Salina, Kansas
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES -
ACTUAL AND BUDGET - GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS
For the fiscal year ended December 31, 1995
Excess (deficiency) of revenues and other
sources over (under) expenditures and
other uses
Unreserved fund balances, January 1
Residual equity transfer in
Residual equity transfer out
Unreserved fund balances, December 31
Receivables reconciliation
Inventory reconciliation
Retainage reconciliation
Encumbrance reconciliation
Non - budgeted funds
Fund balances, December 31
General Fund
Variance
Favorable
Actual Budget (Unfavorable)
$ (69,651) $ (3,694,346) $ 3,624,695
4,313,622 3,694,346 619,276
0 0 0
0 0 0
4,243,971 $ 0 $ 4,243,971
1,095,615
72,294
(25,220)
1,395,228
0
$ 6,781,888
The accompanying notes are an integral part of this statement.
F -12
Special Revenue Funds
Variance
Favorable
Actual Budget (Unfavorable)
Statement 3
Page 2
Debt Service Funds
Variance
Favorable
Actual Budget (Unfavorable)
$ 670,088
$ (1,389,326) $
2,059,414
$ 218,566
$ (516,739) S
735,305
1,822,134
1,389,326
432,808
797,083
516,739
280,344
0
0
0
8,371
0
8,371
0
0
0
0
0
0
2,492,222
$ 0 $
2,492,222
1,024,020
$ 0 `.i
1,024,020
596,120
0
0
159,633
93,585
$ 3,341,560
F -13
0
0
0
0
0
$ 1,024,020
City of Salina, Kansas
COMBINED STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS /FUND BALANCES
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 1995
Operating revenues
Intergovernmental
Charges for services
Interest
Reimbursements
Miscellaneous
Total operating revenues
Operating expenses
General government
Public works
Recreation
Other
Depreciation
Total operating expenses
Operating income (loss)
Nonoperating revenues (expenses)
Interest
Bond issuance costs
Debt service
Mill levy
Loss on investments
Loss on disposition of fixed assets
Total nonoperating revenues (expenses)
Net income
Add depreciation on assets acquired through
Federal contributions
Increase in retained earnings /fund balances
Retained earnings /fund balances, January 1
Restatement
Retained earnings /fund balances, January 1, as restated
Fiduciary
Proprietary Fund Types Fund Type
Non -
Internal expendable
$ 12,107 $
13,022,832
0
0
13,221,034
0 $
0
1,924,043
5,057
0
8,316
125,407
0
1,732
0
0
845,717
0
7,547,744
0
0
603,937
0
0
0
698,459
0
2,267,1 13
154,624
0
10,418,794
1,698,800
0
2,802,240
352,382
13,373
712,931
0
0
(39,705)
0
0
(2,100,670)
0
0
0
0
0
(29,297)
0
0
(32,437)
(1,146)
0
(1,489,178)
(1,146)
0
1,313,062
351,236
13,373
0
0
0
1,313,062
351,236
13,373
27,484,224
945,237
171,348
Retained earnings /fund balances, December 31 $ 28,797,286 $ 1,373,939 $ 184,721
The accompanying notes are an integral part of this statement.
F -14
Statement 4
Total
Component
Total
Primary
Unit
Reporting
Government
Salina
Entity
(Memorandum
Airport
(Memorandum
Only)
Authority
Only)
$ 12,107 $
0
$ 12,107
14,951,932
1,160,706
16,112,638
8,316
0
8,316
125,407
0
125,407
15,285,589 1,176,343 16,461,932
845,717
0
845,717
7,547,744
0
7,547,744
603,937
0
603,937
698,459
857,508
1,555,967
2,421,737
636,897
3,058,634
12,117,594
1,494,405
13,611,999
3,167,995
(318,062)
2,849,933
712,931
260,261
973,192
(39,705)
0
(39,705)
(2,100,670)
(256,737)
(2,357,407)
0
406,232
406,232
(29,297)
0
(29,297)
(33,583)
(24,024)
(57,607)
(1,490,324)
385,732
(1,104,592)
1,677,671
67,670
1,745,341
0
391,749
391,749
1,677,671
459,419
2,137,090
28,600,809 7,430,809 36,031,618
$ 30,355,946 $ 7,348,414 $ 37,704,360
F -15
City of Salina, Kansas
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 1995
Cash flows from operating activities
Cash received from customers and users
Cash paid to suppliers and employees
Operating grant receipts
Other operating receipts
Net cash provided by (used in)
operating activities
Cash flows from capital and related
financing activities
Purchase and construction of fixed assets
Principal payments - temporary notes
Principal payments - gen. obligation bonds
Principal payments - revenue bonds
Interest paid
Proceeds from issuance of debt
Proceeds from property tax
Principal received on financing leases
Interest received on financing leases
Principal received on long -term notes
Contributed capital
Net cash used in capital and
related financing activities
Cash flows from investing activities
Proceeds from sales of investments
Interest received
Net cash provided by
investing activities
Cash flows from noncapital financing activities
Other nonoperating receipts
Net increase (decrease) in cash and
Fiduciary
Proprietary Fund Types Fund Type
Non -
Internal expendable
Enterprise Service Trust
$ 13,695,955 $ 2,034,607 $
(8,430,254) (1,611,137)
12,107 0
5,057
0
0
(5,280,479)
(108,498) 0
(745,000)
0 0
(174,553)
0 0
(880,000)
0 0
(2,096,889)
0 0
2,635,000
0 0
0
0 0
0
0 0
0
0 0
0
0 0
269,575
44,935 0
(6,272,346)
(63,563) 0
0
0 0
646,161
0 0
646,161
0 0
cash equivalents
(191,579)
361,639
13,328
Cash and cash equivalents, January 1
26,184,288
1,053,744
171,164
Cash and cash equivalents, December 31
$ 25,992,709 $
1,415,383 $
184,492
The accompanying notes are an integral part of this statement.
F -16
Statement 5
Total
Component
Total
Primary
Unit
Reporting
Government
Salina
Entity
(Memorandum
Airport
(Memorandum
Only)
Authority
Only)
$ 15,735,619 $
1,511,793
$ 17,247,412
(10,041,391)
(1,912,468)
(11,953,859)
12,107
0
12,107
5,902,433 (400,675) 5,501,758
(5,388,977)
(4,203,147)
(9,592,124)
(745,000)
0
(745,000)
(174,553)
(135,000)
(309,553)
(880,000)
(170,000)
(1,050,000)
(2,096,889)
(252,317)
(2,349,206)
2,635,000
0
2,635,000
0
406,232
406,232
0
191,920
191,920
0
229,632
229,632
0
3,893
3,893
0 60,000 60,000
646,161 45,670 691,831
646,161 105,670 751,831
(29,297) 0 (29,297)
183,388 (1,012,859) (829,471)
$ 27,592,584 $ 998,393 $ 28,590,977
F -17
City of Salina, Kansas
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 1995
Cash and investments
Restricted cash and investments
Total cash and cash equivalents
Reconciliation of operating income (loss)
to net cash provided by operating
activities
Operating income (loss)
Adjustments to reconcile operating
income (loss) to net cash provided by
operating activities
Depreciation expense
Payments to contractors (KSU projects)
Bassis of asset sold
Basis of asset received
(Increase) decrease in accounts receivable
(Increase) decrease in deposits receivable
(Increase) decrease in inventory
(Increase) decrease in prepaid expenses
Increase (decrease) in accounts payable
Increase (decrease) in accrued compensated absences
Increase (decrease) in meter deposits payable
Increase (decrease) in claims payable
Increase (decrease) in accounts and retainage payable
Increase (decrease) in deferred income
Increase (decrease) in asset sale related liability
Increase (decrease) in landfill closure and postclosure
Net cash provided by (used in)
operating activities
Fiduciary
Proprietary Fund Types Fund Type
Non -
Internal expendable
Enterprise Service Trust
$ 15,385,621 $ 1,415,383 $ 184,492
10.607.088 0 0
$ 25,992,709 $ 1,415,383 $ 184,492
$ 2,802,240 $
2,267,113
0
0
0
672,156
0
(18,931)
0
139,729
12,061
967
0
(413,977)
0
0
2.545
352,382 $
154,624
0
0
0
24,850
(39,693)
10,646
0
(41,749)
(7,863)
0
(27,995)
0
0
0
0
13,373
0
0
0
0
(45)
0
0
0
0
0
0
0
0
0
0
0
$ 5,463,903 $ 425,202 $ 13,328
The accompanying notes are an integral part of this statement.
F -18
Total
Primary
Government
(Memorandum
Onlv)
$ 16,985,496
10.607,088
Component
Unit
canna
Airport
Authority
$ 472,008 $
526.385
Statement 5
Page 2
Total
Reporting
Entity
(Memorandum
Onlv)
1 /,4J /,JU4
11.133.473
$ 27,592,584 $ 998,393 $ 28,590,977
$ 3,167,995 $ (318,062) $ 2,849,933
2,421,737
636,897
3,058,634
0
(1,078,588)
(1,078,588)
0
422,606
422,606
0
(113,055)
(113,055)
696,961
(3,893)
693,068
(39,693)
0
(39,693)
(8,285)
0
(8,285)
0
(2,257)
(2,257)
97,980
22,470
120,450
4,198
848
5,046
967
0
967
(27,995)
0
(27,995)
(413,977)
0
(413,977)
0
(17,641)
(17,641)
0
50,000
50,000
2,545
0
2,545
$ 5,902,433 $ (400,675) $ 5,501,758
F -19
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Reporting Entity
The City of Salina is a municipal corporation governed by five elected commissioners. As required by generally
accepted accounting principles, these financial statements present the City and its component units, entities for
which the government is considered to be financially accountable. Blended component units, although legally
separate entities, are, in substance, part of the City's operations and so data from these units is combined with data
of the primary government. The city has no blended component units to present for the year ended December 31,
1995. Each discretely presented component unit is reported in a separate column in the combined financial
statements to emphasize it is legally separated from the government.
Discretely Presented Component Units
City of Salina Airport Authority - The Salina Airport Authority (Airport Authority) was created for the
purpose of accepting as surplus property portions of the former Schilling A.F.B which was closed by the United
States Department of Defense in June, 1965. One of the primary functions of the Airport Authority is to facilitate
the continued growth of jobs and payroll at the Airport Industrial Center. The Airport Authority is managed and
controlled by a five - member Board of Directors appointed by the Salina City Commission. The Airport Authority
is reported as an enterprise fund. The Airport Authority has a December 31 fiscal year end.
Housing Authority of the City of Salina - The purpose of the Housing Authority of the City of Salina (Housing
Authority) is to administer Public Housing Programs authorized by the United States Housing Act of 1937. The
governing board is appointed by the Mayor of the City of Salina. The financial liability of the Housing Authority is
essentially supported by the operating and debt service subsidies received under contract from the Federal
government. The Housing Authority is reported as a governmental fund type. The Housing Authority has a June
30 fiscal year end. Information in the accompanying financial statements covers the fiscal year ended June 30,
1995.
Complete financial statements for each of the individual component units may be obtained at the entity's
administrative offices.
Salina Airport Authority
3237 Arnold Ave.
Salina, KS
Housing Authority of
the City of Salina
469 S 5th
Salina, KS
B. Measurement Focus, Basis of Accounting and Basis of Presentation
The accounts of the City are organized and operated on the basis of funds and account groups. A fund is an
independent fiscal and accounting entity with a self - balancing set of accounts. Fund accounting segregates funds
according to their intended purpose and is used to aid management in demonstrating compliance with finance -
related legal and contractual provisions. The minimum number of funds are maintained consistent with legal and
managerial requirements. Account groups are a reporting device to account for certain assets and liabilities of the
governmental funds not recorded directly in those funds.
F -20
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
B. Measurement Focus, Basis of Accounting and Basis of Presentation - continued
The government has the following fund types and account groups.
Governmental Funds are used to account for the City's general government activities. Governmental fund types
use the flow of current financial resources measurement focus and the modified accrual basis of accounting. Under
the modified accrual basis of accounting revenues are recognized when susceptible to accrual (i.e., when they are
"measurable and available "). "Measurable" means the amount of the transaction can be determined and
"available" means collectible within the current period or soon enough thereafter to pay liabilities of the current
period. The City considers property taxes as available if they are collected within 60 days after year end. A one -
year availability period is used for revenue recognition for all other governmental fund revenues. Expenditures are
recorded when the related fund liability is incurred, except for unmatured interest on general long -term debt which
is recognized when due, and certain compensated absences and claims and judgments which are recognized when
the obligations are expected to be liquidated with expendable available financial resources.
Property taxes, franchise taxes, licenses, interest revenue, special assessments and charges for services are
susceptible to accrual. Sales taxes collected and held by the State at year end on behalf of the City are also
recognized as revenue. Entitlements and shared revenues are recorded at the time of receipt or earlier if the
susceptible to accrual criteria are met. Expenditure- driven grants are recognized as revenue when the qualifying
expenditures have been incurred and all other grant requirements have been met.
The City reports deferred revenue on its combined balance sheet. Deferred revenues arise when a potential
revenue does not meet both the "measurable" and "available" criteria for recognition in the current period.
Deferred revenues also arise when resources are received by the City before it has a legal claim to them, as when
grant monies are received prior to the incurrence of qualifying expenditures. In subsequent periods, when both
revenue recognition criteria are met, or when the City has a legal claim to the resources, the liability for deferred
revenue is removed from the combined balance sheet and revenue is recognized.
Governmental funds include the following fund types
The general fund is the City's primary operating fund. It accounts for all financial resources of the general
government, except those required to be accounted for in another fund.
The special revenue funds account for revenue sources that are legally restricted to expenditure for specific
purposes (not including expendable trusts or major capital projects).
The debt service funds account for the servicing of the general long -term debt not being financed by proprietary
or nonexpendable trust funds of the City.
The capital projects funds account for the acquisition of fixed assets or the construction of major capital projects
not being financed by the proprietary or nonexpendable trust funds of the City.
Proprietary funds are accounted for on the flow of economic resources measurement focus and use the accrual
basis of accounting. Under this method, revenues are recorded when earned and expenses are recorded at the
time liabilities are incurred. The government applies all applicable FASB pronouncements in accounting and
reporting for its proprietary operations. Proprietary funds include the following fund types:
The enterprise funds are used to account for those operations that are financed and operated in a manner similar to
private business or where the board has decided that the determination of revenues earned, costs incurred and/or
net income is necessary for management accountability.
F -21
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
B. Measurement Focus, Basis of Accounting and Basis of Presentation - continued
The internal service funds account for operations that provide services to other departments or agencies of the
government, or to other governments, on a cost - reimbursement basis.
Fiduciary funds account for assets held by the City in a trustee capacity or as an agent on behalf of others. Trust
funds account for assets held by the City under the terms of a formal trust agreement.
The nonexpendable trust funds are accounted for in essentially the same manner as the proprietary funds, using
the same measurement focus and basis of accounting. Nonexpendable trust funds account for assets of which the
principle may not be spent. The pension trust fund accounts for the assets of the government's public safety
employees pension plan.
The agency funds are custodial in nature and do not present results of operations or have a measurement focus.
Agency funds are accounted for using the modified accrual basis of accounting. These funds are used to account
for assets that the City holds for others in an agency capacity.
Account Groups. The general fixed assets account group is used to account for fixed assets of the City. The
general long -term debt account group is used to account for general long -term debt and certain other liabilities
of the City.
C. Assets, Liabilities and Equity
1. Pooled Cash and Investments
The City maintains a cash and investment pool that is available for use by all funds managed by the city (except
for investments in the Kansas Municipal Pool and deferred compensation investments purchased through ICMA
Retirement Corporation). Each fund type's portion of this pool is displayed on the combined balance sheet as
"Cash and Investments ". The city's cash and cash equivalents are considered to be cash on hand, demand deposits
and short-term investments with original maturities of three months or less from the date of acquisition.
Investments in the Kansas Municipal Pool are carried at cost. Investments of the Employees' Deferred
Compensation Fund are recorded at market value.
Cash balances from all funds are invested to the extent available in certificates of deposit and other authorized
investments. Investments with maturity dates greater than three months are stated separately. Earnings from these
investments, unless specifically designated, are allocated monthly to the investing fund based on the percentage of
funds invested to total investments. All investments are stated at cost.
2. Receivables and Payables
Transactions between funds that are representative of lending/borrowing arrangements outstanding at the end of
the fiscal year are referred to as either "interfund receivables /payables" (i.e., the current portion of interfund loans)
or "advances to /from other funds" (i.e., the non- current portion of interfund loans). All other outstanding balances
between funds are reported as "due to /from other funds ".
F -22
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
C. Assets, Liabilities and Equity - continued
2. Receivables and Payables - continued
Accounts Receivable. The City records revenues when services are provided. All receivables are shown net of an
allowance for uncollectibles. The allowance for uncollectible accounts are based on aging of accounts receivable.
Due from and Due to Other Funds. During the course of its operations, the City has transactions between funds to
finance operations and provide services. To the extent that certain transactions between funds have not been paid
or received as of December 31, 1995, balances of interfund amounts receivable or payable have been recorded.
Property taxes receivable. The determination of assessed valuations and the collections of property taxes for all
political subdivisions in the State of Kansas is the responsibility of the various counties. The office of the County
Appraiser annually determines assessed valuations and the County Clerk spreads the annual assessment on the tax
rolls. The County Treasurer is the tax collection agent for all taxing entities within the county. In accordance with
state statutes, property taxes levied during the current year are a revenue source to be used to finance the budget of
the ensuing year. One -half of the property taxes are due December 20, prior to the fiscal year for which they are
budgeted, and the second half is due the following June 20. This procedure eliminates the need to issue tax
anticipation notes since funds will be on hand prior to the beginning of each fiscal year. The City Treasurer draws
down all available funds from the County Treasurer's office in two -month intervals.
Collection of current year property tax by the County Treasurer is not completed, apportioned nor distributed to the
various subdivisions until the succeeding year, such procedure being in conformity with governing state statutes.
Consequently, current year property taxes receivable are not available as a resource that can be used to finance the
current year operations of the City. Accruals of uncollected current year property taxes are offset by deferred
revenue and are identical to the adopted budget for 1996. It is not practicable to apportion delinquent taxes held by
the County Treasurer and, further, the amounts thereof are not material in relationship to the financial statements
taken as a whole.
3. Inventories
Inventories are valued at cost using the first -in /first -out (FIFO) method. The costs of governmental fund -type
inventories are recorded as expenditures when consumed rather than when purchased.
4. Prepaid Items
Payments made to vendors for services that will benefit periods beyond December 31 1995, are recorded as
prepaid items.
5. Restricted Assets
Certain proceeds of enterprise fund revenue bonds and general obligation bonds, as well as certain resources set
aside for their repayment, are classified as restricted assets on the balance sheet because their use is limited by
applicable bond covenants. The "Water and Sewer Principal and Interest" account is used to segregate resources
accumulated for debt service payments over the next twelve months. The "Debt Service Reserve' account is used
to report resources set aside to make up potential future deficiencies in the "Water and Sewer Principal and
Interest Account ".
F -23
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
C. Assets, Liabilities and Equity - continued
5. Restricted Assets - continued
The "Extension and Bond Retirement" account is used to report resources set aside for operation, maintenance,
repair, improvement and debt service purposes, as specified by certain bond ordinances. The "Bond Escrow"
account is used to report resources set aside in a "crossover refunding" transaction. Under the crossover
arrangement certain bonds of the City were refunded, with the proceeds placed in the bond escrow account. The
bond escrow account and the refunded bonds will remain on the City's books until a specified future date when the
bonds will be considered defeased and the City will assume the repayment of the refunding bonds.
6. Fixed Assets
Fixed assets used in governmental fund types of the City are recorded in the general fixed assets account group at
cost or estimated historical cost if purchased or constructed. Donated fixed assets are recorded at their estimated
fair value at the date of donation. Assets in the general fixed assets account group are not depreciated. Interest
incurred during construction is not capitalized on general fixed assets.
Public domain (infrastructure) general fixed assets (e.g., roads, bridges, sidewalks and other assets that are
immovable and of value only to the government) are not capitalized. The cost of normal maintenance and repairs
that do not add to the value of the assets or materially extend assets' lives are not included in the general fixed
assets account group
Property, plant and equipment in the proprietary funds of the government are recorded at cost. Property, plant and
equipment donated to the proprietary fund type operations are recorded at their estimated fair value at the date of
donation.
Major outlays for capital assets and improvements are capitalized in proprietary funds as projects are constructed.
Interest incurred during the construction phase of proprietary fund fixed assets is reflected in the capitalized value
of the asset constructed, net of interest earned on the invested proceeds over the same period.
Property, plant and equipment are depreciated in the proprietary and similar trust funds of the government using
the straight line method over the following estimated useful lives:
Assets
Years
Buildings
20 -50
Other Equipment
5 -10
Vehicles
7 -10
Utility Plant & Equipment
10 -70
F -24
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
C. Assets, Liabilities and Equity - continued
7. Compensated Absences
It is the City's policy to permit employees to accumulate earned but unused vacation and sick pay benefits. All
employees of the City, except temporary and part time employees, may accumulate sick leave at a rate of 8 or 11
hours per month depending on their work duty schedule. There is no limit on the amount of sick leave which can
be accumulated. Employees with more than five years of service with the City are paid for one -third of their
accumulated sick leave at their current wage scale upon termination of employment in good standing.
All regular employees are entitled to paid vacation time. Such leave is granted each year of employment and
unused leave may accumulate without limit. Employees are paid for all accumulated vacation leave at their current
wage scale upon termination of employment.
Vested or accumulated vacation leave that is expected to be liquidated with expendable available financial
resources is reported as an expenditure and a fund liability of the governmental fund that will pay it. Amounts of
vested or accumulated vacation leave that are not expected to be liquidated with expendable available financial
resources are reported in the general long -term debt account group. No expenditure is reported for these amounts.
Vested or accumulated vacation leave of proprietary funds is recorded as an expense and liability of those funds as
the benefits accrue to employees. In accordance with the provisions of Statement No. 16 of the Governmental
Accounting Standards Board, Accounting for Compensated Absences, a liability is recorded for accumulated
rights to receive sick pay benefits that are payable upon termination of employment.
8. Temporary Notes
Upon authorization for the issuance of general obligation bonds for certain improvements, Kansas law permits the
temporary financing of such improvements by the issuance of temporary notes. Temporary notes issued may not
exceed the aggregate amount of bonds authorized, are interest bearing and have a maturity date not later than four
years from the date of issuance of such temporary notes. Temporary notes outstanding are retired from the
proceeds of the sale of general obligation bonds.
9. Long -Term Obligations
The government reports long -term debt of governmental funds at face value in the general long -term debt account
group. Certain other governmental fund obligations not expected to be financed with current available financial
resources are also reported in the general long -term debt account group. Long -term debt and other obligations
financed by proprietary funds are reported as liabilities in the appropriate funds.
For governmental fund types, bond premiums and discounts, as well as issuance costs, are recognized during the
current period. Bond proceeds are reported as an other financing source net of the applicable premium or discount.
Issuance costs, even if withheld from the actual net proceeds received, are reported as debt service expenditures.
For proprietary fund types, bond premiums and discounts, as well as issuance costs, are deferred and amortized
over the life of the bonds using the effective interest method. Bonds payable are reported net of the applicable
bond premium or discount. Issuance costs are reported as deferred charges.
F -25
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
C. Assets, Liabilities and Equity - continued
10. Fund Equity
Reservations of fund balance represent amounts that are not appropriable or are legally segregated for a specific
purpose. Reservations of retained earnings are limited to outside third -party restrictions. Designations of fund
balance represent tentative management plans that are subject to change. The proprietary find's contributed
capital represents equity acquired through capital grants and capital contributions from developers, customers or
other funds.
11. Interfund Transactions
Quasi - external transactions (i.e., transactions that would be treated as revenues or expenses if they involved
organizations external to the governmental unit, such as internal service fund billings to departments) are
accounted for as revenues, expenditures or expenses. Transactions that constitute reimbursemcnts to a fund are
expenditures /expenses in the reimbursing fund and reductions of expenditures /expenses in the fund that is
reimbursed.
All other interfund transactions, except quasi- external transactions and reimbursements, are reported as transfers.
Nonrecurring or nonroutine permanent transfers of equity are reported as residual equity transfers. All other
interfund transfers are reported as operating transfers.
12. Memorandum Only - Total Columns
Total columns on the general purpose financial statements are captioned as "memorandum only" because they do
not represent consolidated financial information and are presented only to facilitate financial analysis. The
columns do not present information that reflects financial position, results of operations or cash flows in
accordance with generally accepted accounting principles. Interfund eliminations have not been made in the
aggregation of this data.
13. Comparative Data /Reclassifications
Comparative total data for the prior year have been presented in selected sections of the accompanying financial
statements in order to provide an understanding of the changes in the government's financial position and
operations. Also, certain amounts presented in the prior year data have been reclassified in order to be consistent
with the current year's presentation.
11. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
A. Budgetary Information
Kansas statutes require that an annual operating budget be legally adopted for the general fund, special revenue
funds (unless specifically exempted by statute), debt service funds and enterprise funds. The statutes provide for
the following sequence and timetable in the adoption of the legal annual operating budget.
F -26
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
H. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY - continued
A. Budgetary Information - continued
a) Preparation of the budget for the succeeding calendar year on or before August 1 st of each year.
b) Publication in a local newspaper of the proposed budget and the notice of public hearing on the budget on
or before August 5th.
c) Public hearing on or before August 15th of each year, but at least ten days after publication of the notice
of hearing.
d) Adoption of the final budget on or before August 25th.
The statutes allow for the governing body to increase the originally adopted budget for previously unbudgeted
increases in revenue other than ad valorem property taxes. To do this, a notice of public hearing to amend the
budget must be published in the local newspaper. At least ten days after publication the hearing may be held and
the governing body may amend the budget at that time. There were no such amendments for fiscal year 1995.
The statutes permit transferring budgeted amounts between line items within an individual fund. However, such
statutes prohibit expenditures in excess of the total amount of the adopted budget of expenditures of individual
funds. Budget comparison statements are presented for each fund showing actual receipts and expenditures
compared to legally budgeted receipts and expenditures.
All legal annual operating budgets are prepared using the modified accrual basis of accounting, modified further by
the encumbrance method of accounting. Revenues are recognized when cash is received. Expenditures include
disbursements, accounts payable, and encumbrances. Encumbrances are commitments by the municipality for
future payments and are supported by a document evidencing the commitment, such as a purchase order or
contract. All unencumbered appropriations (legal budget expenditure authority) lapse at year end.
A legal operating budget is not required for capital projects funds, trust funds, and the following special revenue
funds: Bicentennial Center Event, HUD Community Development, Community Development Revolving, Heritage
Commission, Fair Housing, Special Law Enforcement, Police Grants, Traffic Safety Grant. A legal operating
budget is not required for the following Enterprise funds: Solid Waste Construction, Water and Sewer Principal
and Interest, Water and Sewer Bond Reserve and Water and Sewer Construction. Actual to budget comparisons
for these funds that present budgets to the Commissioners are shown strictly for informational purposes.
Spending in funds which are not subject to the legal annual operating budget requirements are controlled by federal
regulations, other statutes, or by the use of internal spending limits established by the governing body.
F -27
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
11. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY - continued
B. Proprietary Fund Type Budgets
Actual operations (budgetary basis) compared to budget for proprietary fund types for fiscal year 1995 are as
follows:
F -28
Actual
Budget
Variance
Enterprise
Sanitation
Revenues
$ 1,093,463 $
1,041,000 $
52,463
Expenditures
1,1 l 0, l 11
1,561,254
451,143
Solid Waste Disposal Division
Revenues
1,577,574
1,462,000
115,574
Expenditures
1,440,738
2,160,657
719,919
Other financing sources (uses)
0
281,000
(281,000 )
Golf Course Division
Revenues
647,125
61 1,700
35,425
Expenditures
637,409
716,183
78,774
Water and Sewer
Revenues
10,385,370
9,503,000
882,370
Expenditures
9,699,140
12,249,159
2,550,019
Other financing sources (uses)
(2,186,690)
(2,506,000)
319,310
Internal Service
Risk Management
Revenues
512,338
512,338
0
Expenditures
345,274
703,718
358,444
Workmen's Compensation Reserve
Revenues
516,163
514,536
1,627
Expenditures
264,091
1,198,760
934,669
Central Garage Division
Revenues
694,874
823,802
(128,928)
Expenditures
713,087
866,752
153,665
Data Processing
Revenues
326,075
326,995
(920)
Expenditures
306,325
395,110
88,785
Other financing sources
1,732
0
1,732
C. Deficit Fund Equity
The following funds had deficit fund equity at December 31, 1995:
HUD Community Development $(2,496) and
Police Grants $(60,460). These deficits will
be recovered from reimbursements
from
grantor agencies, or in the
event certain costs are disallowed, from general funds.
F -28
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY - continued
D. Compliance With Bond Reserve Requirements
Water & Sewer Bond Reserve Requirements
The bond reserve contains a "net revenue" requirement of 125% of next year principal and interest payments. The
Water & Sewer fund met this requirement for 1995.
Principal and interest account
Actual Required
$ 3,602,858 $ 3,602,858
The City was in compliance with the reserve account balance requirements at December 31, 1995.
E. Legal Debt Margin
The City is subject to the municipal finance law of the state of Kansas which limits the net bonded debt (exclusive
of revenue bonds and special assessment bonds) the city may have outstanding to 30 percent of the assessed value
of all tangible taxable property within the city, as certified to the county clerk on the proceeding; August 25. At
December 31, 1995, the statutory limit for the City was $74,059,070 providing a debt margin of $66,618,090.
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS
A. Deposits and Investments
Deposits - At year end, the carrying amount of the cash was $5,313,178 with $2,920 cash on hand and the bank
balance was $6,222,309. The difference between the carrying amount and the bank balance is outstanding checks
and deposits in transit. Of the bank balance, $212,800 was covered by federal deposit insurance and the remaining
$6,009,509 was collateralized by pledged securities held under joint custody receipts issued by a third -party bank
in the City's name. The third -party bank holding the pledged securities is independent of the pledging bank. The
pledged securities are held under a tri -party custodial agreement signed by all three parties: the City, the pledging
bank, and the independent third -party bank holding the pledged securities.
The carrying amount of deposits for the Housing Authority of the City of Salina, a discretely presented component
unit, was $418,816 and the bank balance was $422,504. Of the bank balance, $233,931 was covered by federal
depository insurance or by collateral held by the entity's agency in the Housing Authority's name.
The carrying amount of deposits for the Salina Airport Authority, a discretely presented component unit, was
$1,047,318 and the bank balance was $1,071,744. Of the bank balance, $1,071,744 was covered by federal
depository insurance or by collateral held by the entity's agency in the Authority's name.
lay&
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
A. Deposits and Investments - continued
Investments - State statutes authorize the City to invest in US Treasury bills and notes, repurchase agreements, and
the State Treasurer's investment pool. All investments must be insured, registered, or held by the City or its agent
in the City's name. The City's investments are categorized to give an indication of the level of risk: assumed by the
entity at year end. Category 1 includes investments that are insured or registered, or for which the securities are
held by the City or its agent in the City's name. Category 2 includes uninsured and unregistered investments for
which the securities are held by the dealer bank's trust department or agent in the City's name. Category 3 includes
uninsured and unregistered investments for which the securities are held by the dealer's bank.
At December 31, 1995, the City had invested $11,922 in the State Treasurer's municipal investment pool. State
pooled monies may be invested in direct obligations of, or obligations that are insured as to principal and interest
by the US government or any agency thereof, with maturities up to four years. No more than 10 percent of those
funds may be invested in mortgage- backed securities. In addition, the State pool may invest in repurchase
agreements with Kansas banks or with primary government securities dealers. The City's investment in the State
Treasurer's municipal investment pool is not subject to categorization as to risk. The categories of the City's
investments are as follows:
Category
Carrying Fair
2 3 Amount Value
U.S. Treasury Bills $ 22,280,348 $ 0 $ 0 $ 22,280,348 $ 22,420,512
Pooled investment -
State of Kansas 11,922 11,588
Investment in deferred
compensation plan 1,728,230 1,728,230
Bond escrow- investment
in U.S. Treasury Bills 10,607,088 10,607,088
$ 34,627,588 $ 34,767,418
Separate statutes regulate investment proceeds for most bond issues. Local units may invest bond proceeds in
direct obligations of the United States Government and its agencies or make investments as authorized for other
idle funds. Under existing Attorney General opinions maturity and interest rates are negotiable on such bonds.
F -30
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
A. Deposits and Investments - continued
The cash and investments by fund type at December 31, 1995 are as follows
Subtotal component units
Total reporting entity
B. Receivables
1,466,134 0 1,466,134 644,948 821,186
$ 29,054,414 $ 12,355,406 $ 41,409,820 $ 11,252,036 $ 30,157,784
Receivables as of year end, including the applicable allowances for uncollectible accounts, are as follows:
Cash and
Separate
Special
Debt
Capital
Investments
Deposits
Total
Restricted
Unrestricted
Primary Government
Revenue
Service
Projects
Enterprise
Service
General
$ 5,688,761 $
0
$ 5,688,761
$ 0
5,688,761
Special Revenue
2,923,074
0
2,923,074
0
2,923,074
Debt Service
1,024,020
0
1,024,020
0
1,024,020
Enterprise
15,385,621
10,607,088
25,992,709
10,607,088
15,385,621
Capital Projects
460,608
0
460,608
0
460,608
Internal Service
1,415,383
0
1,415,383
0
1,415,383
Trust & Agency
690,813
1,748,318
2,439,131
0
2,439,131
Subtotal primary government
27,588,280
12,355,406
39,943,686
10,607,088
29,336,598
Component Units
0
0
0
66,770
0
Salina Housing Authority
418,816
0
418,816
69,638
349,178
Salina Airport Authority
1,047,318
0
1,047,318
575,310
472,008
Subtotal component units
Total reporting entity
B. Receivables
1,466,134 0 1,466,134 644,948 821,186
$ 29,054,414 $ 12,355,406 $ 41,409,820 $ 11,252,036 $ 30,157,784
Receivables as of year end, including the applicable allowances for uncollectible accounts, are as follows:
Special
Debt
Capital
Internal
General
Revenue
Service
Projects
Enterprise
Service
Fiduciary
Total
Primary Government
Receivables:
Accounts $
559,772 $
74,752 $
0 $
0 $
755,452 $
39,693
$ 0 $
1,429,669
Taxes
1,874,005
3,578,387
1,002,081
0
0
0
0
6,454,473
Grants
4,680
48,536
0
77,308
570,068
0
0
700,592
Interest
297,243
0
0
0
66,770
0
229
364,242
Notes
0
1,016
0
0
0
0
0
1,016
Gross receivables
2,735,700
3,702,691
1,002,081
77,308
1,392,290
39,693
229
8,949,992
Less: allowance for
uncollectibles
(275,297)
(5,473)
0
0
(69,748)
0
0
(350,518)
Total $
2,460,403 $
3,697,218 $
1,002,081 $
77,308 $
1,322,542 $
39,693
$ 229
8.599,474
Component Units
Housing Authority of the City of Salina
Salina Airport Authority
Total
F -31
11,124
4,375
15,499
$ 8,614,973
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
C. Interfund Receivables and Payables
The composition of interfund balances as of December 31, 1995, is as follows:
Due from /to other funds:
Receivable Fund Payable Funds
General Fund
D. Fixed Assets
Special Revenue Funds
HUD Community Development
Police Grants
Traffic Safety Grant
District Court
$ 4,333
60,460
$ 102,318
The following is a summary of the changes in the general fixed assets account group during the current year.
Balance Balance
January 1, December 31,
1995 Additions Deletions 1995
Primary Government
Land
$ 2,501,803
$ 87,390
$ 0
$ 2,589,193
Land improvements
482,421
283,489
0
765,910
Buildings
10,478,809
280,920
0
10,759,729
Equipment
4,156,171
957,704
77,722
5,036,153
Vehicles
3,037,632
302,044
358,371
2,981,305
Sub total primary government
20,656,836
1,911,547
436,093
22,132,290
Component units
Housing Authority of Salina
3,374,229
324,610
0
3,698,839
Total reporting entity
$ 24,031,065
$ 2,236,157
$ 436,093
$ 25,831,129
F -32
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
D. Fixed Assets - continued
The following is a summary of proprietary fund -type fixed assets at December 31, 1995:
Land
Land improvements
Water plant and equipment
Sewer plant and equipment
Airfield and infrastructure
Equipment
Vehicles
Buildings
Construction in progress
Less accumulated depreciation
Net fixed assets
Primary Government
75,646,502 1,019,696
24,307,186 437,479
E1
Component
Airport
0
0
0
11,739,106
1,009,339
0
6,493,465
21,661,819
$ 51,339,316 $ 582,217 $ 15,265,488
Interest costs are capitalized when incurred by proprietary funds and similar component units on debt where
proceeds were used to fmance the construction of assets. Interest earned on proceeds of tax - exempt borrowing
arrangements restricted to the acquisition of qualifying assets is offset against interest costs in determining the
amount to be capitalized. The following funds were affected:
Primary Government
Water & Sewer Fund
Solid Waste Fund
Interest Revenue
Total Interest Used to Offset Capitalized
Costs Incurred Interest Costs Interest
$ 92,093 $
83,293
F-33
24,952 $ 67,141
30,412 52,881
Internal
Enterprise
Service
Funds
Funds
$ 514,050
$ 0
2,828,216
0
29,330,679
0
34,491,856
0
0
0
2,003,353
981,714
1,348,424
15,910
395,992
22,072
4,733,932
0
75,646,502 1,019,696
24,307,186 437,479
E1
Component
Airport
0
0
0
11,739,106
1,009,339
0
6,493,465
21,661,819
$ 51,339,316 $ 582,217 $ 15,265,488
Interest costs are capitalized when incurred by proprietary funds and similar component units on debt where
proceeds were used to fmance the construction of assets. Interest earned on proceeds of tax - exempt borrowing
arrangements restricted to the acquisition of qualifying assets is offset against interest costs in determining the
amount to be capitalized. The following funds were affected:
Primary Government
Water & Sewer Fund
Solid Waste Fund
Interest Revenue
Total Interest Used to Offset Capitalized
Costs Incurred Interest Costs Interest
$ 92,093 $
83,293
F-33
24,952 $ 67,141
30,412 52,881
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
111. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
E. Capital Leases
The City has entered into a lease agreement as lessee for financing the acquisition of an IBM AS /400 computer
system with the lease expiring in 1997. This lease agreement qualifies as a capital lease for accounting purposes
(titles transfer at the end of the lease terms) and, therefore, has been recorded at the present value of the future
minimum lease payments as of the date of its inception.
The following is an analysis of equipment leased under capital leases as of December 31, 1995:
General
Fixed Assets
Machinery and equipment $ 669,798
Minimum future lease payments under capital leases as of December 31, 1995 are:
General Long
Term Debt
1996 $ 130,479
1997 142,340
Total minimum lease payments 272,819
Less amount representing interest 16,599
Present value of future minimum lease payments $ 256,220
Payments made during 1995 $ 154,202
F -34
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long -Term Debt
Following is a summary
of changes in long -term debt for fiscal year 1995:
Interest
Bonds
Balance
Rates
Outstanding
Balance
January 1,
General Obligation
December 31,
1995
Additions
Reductions
1995
Primary Government
Downtown Development 1987, due 12/1/97
5,000,000
6.10 %to 6.65%
1,000,000
General obligations bonds
$ 11,495,000
$ 2,434,000 $
2,410,000
$ 11,519,000
Revenue bonds
36,725,000
0
880,000
35,845,000
Temporary notes
3,020,000
3,250,000
2,240,000
4,030,000
Capital financing leases
0
389,355
133,135
256,220
Accrued Compensation
1,753,360
85,911
0
1,839,271
1,240,000
$ 52,993,360
$ 6,159,266 $
5,663,135
$ 53,489,491
Component Units
General obligations bonds $ 2,985,000 $ 0 $ 135,000 $ 2,850,000
Revenue bonds 870,000 0 170,000 700,000
Mortgage Payable 1,709,317 0 18,924 1,690,393
$ 5,564,317 $ 0 $ 323,924 $ 5,240,393
The following is a detailed listing of the city's long -term debt including general obligation bonds, revenue bonds,
temporary notes and capital leases:
F-35
Original
Interest
Bonds
Issue
Rates
Outstanding
Primary Government
General Obligation
Street and Utilities 1986, due 12/1/96
$ 1,983,000
5.20 %to5.70%
$ 270,000
Downtown Development 1987, due 12/1/97
5,000,000
6.10 %to 6.65%
1,000,000
Internal Improvements 1988, due 12/1/98
1,115,000
6.15% to 8.15%
290,000
Internal Improvements 1989, due 12/1/99
1,175,000
5.80% to 7.875%
460,000
Broadway Overpass 1990, due 12/1/2000
455,000
5.75% to 7.75%
225,000
Internal Improvements 1991, due 10/1/2001
1,300,000
5.20% to 7.25%
780,000
Street and Utilities 1991, due 10/1/2001
1,417,000
5.40% to 7.40%
840,000
Crawford Street 1991, due 10/1/2001
1,785,000
4.50% to 6.50%
1,065,000
Crawford Street 1992, due 10/1/2002
1,240,000
3.75% to 5.90%
875,000
Refunding Bonds 1992, due 4/1/96
1,660,000
3.50% to 4.90%
160,000
Internal Improvements 1993, due 10/1/2003
685,000
3.50% to 5.50%
555,000
Internal Improvemetns 1993, due 10/1/2003
1,800,000
3.40% to 5.00%
1,510,000
Internal Improvemetns 1994, due 10/1/2004
1,175,000
4.70% to 6.50%
1,055,000
Internal Improvements 1995, due 10/1/2005
2,434,000
4.75% to 6.50%
2,434,000
Total general obligation bonds
$ 11,519,000
F-35
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long -Term Debt - continued
Temporary Notes
Landfill 1994, due 4/1/97
Original
Interest
Bonds
Subdivisions III 1994, due 6/30/96
Issue
Rates
Outstanding
Revenue Bonds
210,000
3.24%
70,000
Revenue Refunding 1990, due 10/1/2005
S 5,655,000
6.00% to 7.00%
$ 4,265,000
Water and Sewer 1990, due 10/1/2008
2,210,000
7.00% to 7.10%
2,210,000
Water and Sewer 1992, due 10 /1 /2012
15,000,000
5.40% to 7.40%
13,755,000
Water and Sewer 1993, due 10/1/2013
3,200,000
4.50% to 5.25%
3,015,000
Revenue Refunding 1994, due 9/1/2012
11,390,000
4.30% to 5.25%
11,390,000
Water and Sewer 1994, due 10/1/2014
1,230,000
5.10% to 7.10%
1,210,000
Total revenue bonds
$
$ 35,845,000
Temporary Notes
Landfill 1994, due 4/1/97
285,000
4.00% to 4.70% $
190,000
Subdivisions III 1994, due 6/30/96
520,000
4.83%
520,000
Solid Waste Compactor, due 8/1/96
210,000
3.24%
70,000
Landfill, due 9/1/98
1,900,000
4.23855%
1,900,000
Subdivision, due 11/1/97
1,350,000
4.0825%
1,350,000
Total temporary notes
$
4,030,000
2,850,000
Capital Leases
IBM AS /400 system, due 12/1/97
389,355
6.10% $
256,220
Component Unit
Salina Airport Authority
General Obligation Bonds
Economic Development 1990, due 2010
1,900,000
6.40% to 8.375
$
1,645,000
Economic Development 1990, due 2010
773,000
6.5% to 8.5%
665,000
General Obligation 1993, due 2003
375,000
3.4% to 5.0%
310,000
General Obligation 1993, due 2003
275,000
3.85% to 4.75%
230,000
Total general obligation bonds
2,850,000
Revenue Bonds
Leasehold revenue 1991, due 2006
850,000
5.0% to 7.25%
700,000
Total bonds
$
3,550,000
Housing Authority of the City of Salina
Mortgage Payable to Dept of HUD, Maturity
and interest are subsidized by the US Dept. of HUD
-
-
$
967,445
Mortgage Payable to Federal Financing Bank
925,473
6.6%
722,948
$
1,690,393
F -36
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31. 1995
111. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long -Term Debt - continued
Interest paid in 1995 is as follows
Primary government
General obligation bonds
$ 627,997
Revenue bonds
2,153,563
Temporary notes
102,726
Capital leases
21,068
Component Unit
Total
Salina Airport Authority
256,737
Housing Authority of Salina
48,964
Annual debt service requirements to maturity for general obligation bonds to be paid with tax levies -
$ 2,850,000 $ 1,599,264 $ 4,449,264
F -37
General Obligation - Primary Government
Bonds
Interest
Year
Outstanding
Due
Total
1996
$ 2,384,000 $
632,304
$ 3,016,304
1997
1,960,000
473,656
2,433,656
1998
1,450,000
366,384
1,816,384
1999
1,355,000
291,234
1,646,234
2000
1,235,000
221,656
1,456,656
To maturity
3,135,000
357,480
3,492,480
$ 11,519,000 $
2,342,714
$ 13,861,714
General Obligation- Component
Units
Bonds
Interest
Year
Outstanding
Due
Total
1996
$ 145,000 $
182,251
$ 327,251
1997
155,000
171,995
326,995
1998
165,000
163,475
328,475
1999
180,000
154,503
334,503
2000
190,000
144,638
334,638
To maturity
2,015,000
782,402
2,797,402
$ 2,850,000 $ 1,599,264 $ 4,449,264
F -37
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
111. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long -Term Debt - continued
Annual debt service requirements to maturity for revenue bonds to be paid with utility revenues-
$ 35,845,000 $ 21,795,081 $ 57,640,081
Annual debt service requirements to maturity for revenue bonds to be paid with service revenues-
Revenue Bonds - Primary Government
Bonds
Interest
Year
Outstanding
Due
Total
1996
$ 955,000 $
2,092,718
$ 3,047,718
1997
1,015,000
2,026,508
3,041,508
1998
1,085,000
1,955,723
3,040,723
1999
1,150,000
1,879,668
3,029,668
2000
1,220,000
1,803,858
3,023,858
To maturity
30,420,000
12,036,606
42,456,606
$ 35,845,000 $ 21,795,081 $ 57,640,081
Annual debt service requirements to maturity for revenue bonds to be paid with service revenues-
$ 700,000 $ 324,485 $ 1,024,485
Annual debt service requirements to maturity for temporary notes - to be paid through the issuance of
general obligation bonds -
Revenue Bonds- Component Units
Bonds
Interest
Year
Outstanding
Due
Total
1996
$ 45,000 $
47,478 $
92,478
1997
50,000
44,777
94,777
1998
50,000
41,703
91,703
1999
55,000
38,552
93,552
2000
60,000
35,005
95,005
To maturity
440,000
116,970
556,970
$ 700,000 $ 324,485 $ 1,024,485
Annual debt service requirements to maturity for temporary notes - to be paid through the issuance of
general obligation bonds -
F-38
Temporary Notes - Primary Government
Notes
Interest
Year
Outstanding
Due
Total
1996
$ 1,285,000 $
141,000
$ 1,426,000
1997
2,045,000
159,263
2,204,263
1998
700,000
21,700
721,700
$ 4,030,000 $
321,963
$ 4,351,963
F-38
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
III. DETAILED MOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long -Term Debt - continued
Annual debt service requirements to maturity for capital leases to be paid with tax levies -
Capital Financing Leases - Primary Government
Leases Interest
Year Outstanding Due Total
1996 $ 118,661 $ 11,817 $ 130,478
1997 137,559 4,781 142,340
$ 256,220 $ 16,598 $ 272,818
G. Reconciliation of Transfers
Transfers are made between funds as the need arises. A reconciliation between funds follows:
Transfers from Transfers to
General
Special Revenue Funds
Business Improvement District
Townsmand Convention
HUD
Community Development
Enterprise Funds
Water & Sewer Princ. & Int.
Special
General Revenue Enterprise Total
$ 0 $ 169,693 $ 0 $ 169,693
17,000 0 0 17,001)
0 248,356 0 248,356
974 0 974
0 2,135 0 2,13:5
0 0 2,186,690 2,186,690_
$ 17,000 $ 421,158 $ 2,186,690 $ 2,624,848
Residual equity transfers were made at year end to close projects in the following fund.
Transfers from Transfers to
Capital Projects Funds
Construction
Debt Service Funds
Bond and Interest
$ 8,371
H. Restatement of Funds
The fund balance of the internal service funds has been increased to reflect inventories of $77,466 on hand at the
central garage at December 31, 1994.
The fund balance of the Salina Airport Authority has been reduced by $541,814 to adjust for certain sales -type
financing leases that had been treated as operating leases at December 31, 1994.
F -39
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
IV. OTHER INFORMATION
A. Defined Benefit Pension Plan
Substantially all employees of City of Salina, Kansas participate in the Kansas Public Employees Retirement
System ( "System "), a multi - employer public employee retirement system. The payroll for employees covered by
the System for the year ended 1995 was $6,570,523, the total payroll was $12,943,405.
Substantially all employees of City of Salina, Kansas are eligible to participate in the System after one year of
employment. Employees who retire at or after age 65 or age 62 with ten years service credit or at any age when
years of service plus age equal 85 "points" are entitled to a retirement benefit, payable monthly for life, equal to
one percent of their final average salary for each year of "prior" service and 1.75 percent of each year of
"participating" service. Final average salary is the employee's average salary over the higher of four years of
credited service including add -ons such as accrued sick leave and vacation leave or a three year average without
add -ons. For those hired July 1, 1993 or later, final average salary is a three year average with no add -ons.
Benefits fully vest on reaching ten years of service. Vested employees may retire at age 55 and receive reduced
retirement benefits. The system also provides death and disability benefits. Benefits are established by State
statute.
Covered employees are required by State statute to contribute 4 percent of their salary to the plan. The employer is
required by the same statute to contribute the remaining amounts necessary to pay benefits when due. The
contribution requirement for the year ended December 31, 1995 was $412,118, which consisted of $150,456 from
the employer and $261,662 from employees; these contributions represented 2.3% and 4.0% of covered payroll
respectively. Additional employee contributions totaled $35,625.
A group of employees of the city participate in the "Kansas Police and Firemen System" (KF' &F), a separate
program administered by KPERS. The contribution rate (seven percent for employees) and the retirement benefits
are different from those described above for other participants in KPERS. Normal retirement for KP &F
participants is at age 50 with 25 years of service, age 55 with 20 years, and age 60 with 15 years. Reduced benefits
are available at age 50 with 20 years of service.
The "pension benefit obligation" is a standardized disclosure measure of the present value of pension benefits,
adjusted for the effects of projected salary increases and step -rate benefits, estimated to be payable in the future as
a result of employee service to date. The measure, which is the actuarial present value of credited projected
benefits, is intended to help users assess the System's funding status on a going- concern basis, assess progress
made in accumulating sufficient assets to pay benefits when due, and make comparisons among PERS and
employers. The System does not make separate measurements of assets and pension benefit obligation for
individual employers. The pension benefit obligation at June 30, 1995 for the System as a whole, determined
through an actuarial valuation performed as of that date, was $6.99 billion. The System's net assets available for
benefits on that date valued at market were estimated to be $5.51 billion, leaving an unfunded pension benefit
obligation estimated at $1.48 billion. The contribution of City of Salina for the period covered by this report
represents 0.3% of total contributions required of all participating entities. Ten year historical trend information
showing the System's progress in accumulating sufficient assets to pay benefits when due is presented in the
System's June 30, 1995 comprehensive annual financial report.
F -40
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
IV. OTHER INFORMATION -continued
B. Deferred Compensation Plan
The City offers its employees a deferred compensation plan ( "Plan ") created in accordance with Internal Revenue
Code Section 457. The Plan, available to all City employees, permits them to defer a portion of their salary until
future years. The deferred compensation is not available to employees until termination, retirement, death, or
unforeseeable emergency. All amounts of compensation deferred under the Plan, all property and rights purchased
with those amounts and all income attributable to those amounts, property, or rights are (until paid or made
available to the employee or other beneficiary) solely the property and rights of the City (without being restricted
to the provisions of benefits under the Plan), subject only to the claims of the City's general creditors.
Participants' rights under the Plan are equal to those of general creditors of the City in an amount equal to the fair
market value of the deferred account for each participant. The deferred compensation plan is accounted for as an
agency fund. The plan's assets are presented at fair market value and captioned as "cash and investments" with the
corresponding liabilities captioned "deferred compensation benefits."
It is the opinion of the City's legal counsel that the City has no liability for losses under the plan agreement but
does have the duty of due care that would be required of an ordinary prudent investor. The City believes that it is
unlikely that it will use the assets to satisfy the claims of general creditors in the future.
C. Vacation and Sick Pay
The City's policies regarding vacation and sick pay permit employees to accumulate a maximum of eighty to one
hundred sixty hours of vacation time depending on years of service. Unused vacation time may be carried over to
subsequent years. Current year accumulated vacation pay is payable upon employment termination. Sick leave
may be accumulated without limitation. At December 31, 1995 accrued compensated absences totaled $1,839,271.
D. Flexible Benefit Plan (LR.C. Section 125)
The City Commission has adopted by resolution a salary- reduction flexible benefit plan ( "Plan ") under Section 125
of the Internal Revenue Code. All City employees working more than 20 hours per week are eligible to participate
in the Plan beginning after two full months of employment. Each participant may elect to reduce his or her salary
to purchase benefits offered through the Plan. Benefits offered through the Plan include various insurance and
disability benefits.
E. Risk Management
The city is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and
omissions; and natural disasters for which the city carries commercial insurance. The city established a limited risk
management program for workers' compensation in 1991. The program covers all city employees. Premiums are
paid into the workers' compensation reserve fund by all other funds and are available to pay claims, claim reserves
and administrative costs of the program. A total of $242,411 was paid in claims and administrative costs during
fiscal year 1995. An excess coverage insurance policy covers individual claims in excess of $250,000 ($350,000
for claims involving employees classified as policemen or firemen). Incurred claims of $206,434, including
incurred but not reported claims, have been accrued based primarily upon subsequent payments. Interfund
premiums are reported as quasi- external interfund transactions.
F -41
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
IV. OTHER INFORMATION -continued
F. Capital Projects
Capital projects often extend over two or more fiscal years. The following is a schedule which compares the
project authorization including allowable interest revenue to total project expenditures from project inception to
December 31, 1995:
Although it appears project authorization was exceeded for Subdivision II, the project received reimbursements
from the general fund to cover certain engineering expenses.
G. Subsequent Events
On February 26, 1996, the city issued $5,050,000 in temporary notes at a rate of 3.79 %. The proceeds are to be
used as temporary financing for a portion of the Magnolia/1 -135 Interchange project.
H. Contingent Liabilities
The City receives significant financial assistance from numerous federal and state governmental agencies in the
form of grants and state pass- through aid. The disbursement of funds received under these programs generally
requires compliance with terms and conditions specified in the grant agreements and is subject to audit. Any
disallowed claims resulting from such audits could become a liability of the General Fund or other applicable
funds. However, in the opinion of management, any such disallowed claims would not have a rriaterial effect on
any of the financial statements of the City at December 31, 1995.
1. Municipal Solid Waste Landfill
State and federal laws and regulations require the City to place a final cover on its landfill site when it stops
accepting waste, and to perform certain maintenance and monitoring functions at the site for thirty years after
closure. Although closure and postclosure care costs will be paid only near or after the date that the landfill
stops accepting waste, the City reports a portion of these closure and postclosure care costs as an operating
expense of the solid waste fund in each period based on landfill capacity used as of each balance sheet date.
The $632,295 reported as landfill closure and postclosure care liability at December 31 represents the
cumulative amount reported to date based on the use of 2% of the estimated capacity of the landfill, plus a
remaining $353,378 estimated closure costs for the original landfill which stopped accepting waste in 1994.
The City's solid waste fund will recognize the remaining estimated cost of closure and postclosure care of
$4,466,964 as the remaining estimated capacity is filled over the remaining life expectancy of 54 years. These
amounts are based on what it would cost to perform all closure and postclosure care in 1995. Actual cost may
be higher due to inflation, changes in technology, or changes in regulations. The City expects to budget the
amounts necessary to fund such future costs through the normal budgeting and rate - setting process.
F -42
Project
Total Project
Project Name
Authorization
Expenditures
Subdivision 1
$ 1,516,000
$ 1,259,817
Magnol ia/I -35 Interchange
5,939,000
1,180,237
Subdivision 11
515,188
548,424
Subdivision III
689,443
667,714
Centennial Road
102,727
102,727
Centennial "S" Curve
49,905
49,905
Subdivision 1995
1,278,171
56,165
Ninth and Broadway
1,124,368
63,286
Although it appears project authorization was exceeded for Subdivision II, the project received reimbursements
from the general fund to cover certain engineering expenses.
G. Subsequent Events
On February 26, 1996, the city issued $5,050,000 in temporary notes at a rate of 3.79 %. The proceeds are to be
used as temporary financing for a portion of the Magnolia/1 -135 Interchange project.
H. Contingent Liabilities
The City receives significant financial assistance from numerous federal and state governmental agencies in the
form of grants and state pass- through aid. The disbursement of funds received under these programs generally
requires compliance with terms and conditions specified in the grant agreements and is subject to audit. Any
disallowed claims resulting from such audits could become a liability of the General Fund or other applicable
funds. However, in the opinion of management, any such disallowed claims would not have a rriaterial effect on
any of the financial statements of the City at December 31, 1995.
1. Municipal Solid Waste Landfill
State and federal laws and regulations require the City to place a final cover on its landfill site when it stops
accepting waste, and to perform certain maintenance and monitoring functions at the site for thirty years after
closure. Although closure and postclosure care costs will be paid only near or after the date that the landfill
stops accepting waste, the City reports a portion of these closure and postclosure care costs as an operating
expense of the solid waste fund in each period based on landfill capacity used as of each balance sheet date.
The $632,295 reported as landfill closure and postclosure care liability at December 31 represents the
cumulative amount reported to date based on the use of 2% of the estimated capacity of the landfill, plus a
remaining $353,378 estimated closure costs for the original landfill which stopped accepting waste in 1994.
The City's solid waste fund will recognize the remaining estimated cost of closure and postclosure care of
$4,466,964 as the remaining estimated capacity is filled over the remaining life expectancy of 54 years. These
amounts are based on what it would cost to perform all closure and postclosure care in 1995. Actual cost may
be higher due to inflation, changes in technology, or changes in regulations. The City expects to budget the
amounts necessary to fund such future costs through the normal budgeting and rate - setting process.
F -42
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1995
IV. OTHER INFORMATION -continued
J. Segment Information - Enterprise Funds
The City maintains four enterprise funds which are intended to be self - supporting through user fees charged for
services to the public. Financial segment information as of and for the year ended December 31, 1995 is presented
below.
K. Environmental Matter
The Kansas Department of Health and Environment (KDHE) issued a report in 1994 indicating the presence of
volatile organic compounds at levels requiring remediation at the Salina Public Water Supply Wells Site (the Site).
The City adopted a pro- active Policy and Action Plan to remediate the groundwater contamination, and on
December 7, 1994, the City and KDHE entered into a Consent Order and Settlement Agreement under which the
City assumed primary responsibility for the further investigation and remediation of the groundwater
contamination. Field testing work has been completed. The necessary remediation work will be conducted over
the next several years at a yet undetermined cost to the City's water utility fund.
F -43
Solid
Golf
Water
Waste
Course
and
Sanitation
Disposal
Division
Sewer
Total
Operating revenues
$ 1,075,091 $
1,511,071 $
641,852 $
9,993,020 S
13,221,034
Depreciation expense
40,454
227,728
50,441
1,948,490
2,267,113
Net operating income (loss)
12,841
637,171
(12,526)
2,164,754
2,802,240
Net income (loss)
42,403
639,099
(24,507)
656,067
1,313,062
Property, plant and
equipment additions
96,444
2,553,567
34,626
2,595,862
5,280,499
Net working capital
603,690
966,024
99,627
12,633,272
14,302,613
Total assets
938,036
7,071,941
437,942
71,129,010
79,576,929
Bonds Payable
0
4,228,814
53,263
35,845,000
40,127,077
Total equity
850,347
1,960,191
356,688
34,095,373
37,262,599
K. Environmental Matter
The Kansas Department of Health and Environment (KDHE) issued a report in 1994 indicating the presence of
volatile organic compounds at levels requiring remediation at the Salina Public Water Supply Wells Site (the Site).
The City adopted a pro- active Policy and Action Plan to remediate the groundwater contamination, and on
December 7, 1994, the City and KDHE entered into a Consent Order and Settlement Agreement under which the
City assumed primary responsibility for the further investigation and remediation of the groundwater
contamination. Field testing work has been completed. The necessary remediation work will be conducted over
the next several years at a yet undetermined cost to the City's water utility fund.
F -43
COMBINING, INDIVIDUAL FUND
AND
ACCOUNT GROUP STATEMENTS AND SCHEDULES
City of Salina, Kansas
GENERALFUND
COMPARATIVE BALANCE SHEETS
December 31, 1995 and 1994
ASSETS
Cash and investments
Receivables
Accounts
Taxes
Grants
Interest
Inventory
Interfund receivable
Total assets
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
Retainage payable
Deferred revenue
Total liabilities
Fund balances
Reserved for encumbrances
Reserved for inventory
Unreserved
Undesignated
Total fund balances
Total liabilities and fund balances
F -44
1995
5,688,761 $
284,475
1,874,005
4,680
297,243
72,294
Schedule 1
1994
5,338,558
424,211
985,014
0
0
58,522
8,323,776 S 6,873,831
$ 151,880 $
211,227
25,220
5,950
1,364,788
434,151
1,541,888
651,328
1,395,228
881,232
72,294
58,522
5,314,366
5,282,749
6,781,888
6,222,503
S 8,323,776 $ 6,873,831
City of Salina, Kansas
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1995 and 1994
Revenues
Taxes
Intergovernmental
Charges for services
Fines
Interest
Reimbursements
Miscellaneous
Total revenues
Expenditures
Current
General government
Public safety
Public works
Parks and recreation
Cultural
Community development
Health and welfare
Other
Capital outlay
Total expenditures
Excess of revenues over expenditures
Other financing sources (uses)
Operating transfers in
Operating transfers out
Sale of assets
Proceeds from lease
Total other financing sources (uses)
Excess of revenues and other sources over
expenditures and other uses
Fund balances, January 1
Fund balances, December 31
F -45
1995
$ 10,554,019
1,242, 823
1,742,782
1,092,880
808,940
46,786
507,365
1,627,248
6,717,771
1,467,141
1,741,066
470,270
223,890
382,947
113,315
15,307,552
688,043
17,000
(169,693)
24,035
0
(128,658)
559,385
Schedule 2
$ 10,493,370
1,126,272
1,462,955
1,019,966
543,696
37,854
1 ,068,758
6,425,378
1,123,640
1,721,024
379,777
131,803
440,609
512,132
1,658,788
97,579
(675,994)
0
1,653,030
$ 6,781,888 $ 6,222,503
City of Salina, Kansas
Schedule 3
GENERALFUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -46
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Taxes
Property
$ 292,275
$ 272,567 :6
19,708
Delinquent
15,809
16,900
(1,091)
Motor vehicle
197,194
170,053
27,141
Sales
8,326,155
7,852,000
474,155
Franchise
1,739,323
1,655,000
84,323
Total taxes
10,570,756
9,966,520
604,236
Intergovernmental
Bingo
13,796
15,000
(1,204)
City - County revenue share
313,596
313,758
(162)
LAVTR
344,328
344,328
0
Liquor tax
84,825
86,268
(1,443)
Federal grants
34,884
0
34,884
EMS - County
451,394
434,000
17,394
Total intergovernmental
1,242,823
1,193,354
49,469
Fees
Recreation
223,104
224,200
(1,096)
Activity fund
121,860
141,000
(19,140)
Emergency medical services
421,385
350,000
71,385
Fire protection outside city
102,413
145,000
(42,587)
Other
432,861
206,000
226,861
Total fees
1,301,623
1,066,200
235,423
Fines
1,026,956
824,000
202,956
Permits and inspection
277,660
230,000
47,660
Charges for services
441,016
436,904
4,112
Use of money and property
742,410
450,000
292,410
Reimbursements
42,107
40,000
2,107
Miscellaneous
229,705
40,000
189,705
Total revenues
15,875,056
14,246,978
1,628,078
F -46
City of Salina, Kansas
Schedule 3
Page 2
GENERALFUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -47
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Expenditures
General government
City commission
$ 67,541
$ 98,800
$ 31,259
City manager
222,628
221,228
(1,400)
Legal
94,065
90,900
(3,165)
Finance
282,141
320,888
38,747
Personnel
96,520
95,500
(1,020)
Buildings
266,854
277,876
11,022
Human relations
109,039
112,008
2,969
Permits and inspection
214,432
207,144
(7,288)
Gypsum Hill Cemetery
85,842
88,961
3,119
Contingency
164,114
215,000
50,886
Public safety
Police
2,876,539
2,897,809
21,270
Municipal court
648,598
633,309
(15,289)
Parking control
29,072
38,696
9,624
Fire
3,167,775
3,267,832
100,057
Public works
Engineering
194,069
196,288
2,219
Streets
889,431
924,923
35,492
Flood works
100,262
102,965
2,703
Traffic control
144,139
143,757
(382)
Planning
154,440
155,588
1,148
Recreation
Parks and recreation
678,253
721,146
42,893
Swimming pools
71,078
68,200
(2,878)
Neighborhood centers
69,014
74,570
5,556
Recreation
922,720
909,155
(13,565)
Cultural
Arts and humanities
214,685
200,067
(14,618)
Smoky Hill Museum
255,585
205,400
(50,185)
Health and welfare
Health
382,947
382,947
0
Community development
Agency contracts
258,106
193,425
(64,681)
Capital outlay
3,042,845
2,010,000
(1,032,845)
Other
Administrative expenses
113,315
100,000
(13,315)
Cash reserve
0
2,784,442
2,784,442
Total expenditures
15,816,049
17,738,824
1,922,775
Excess of revenues over
(under) expenditures
59,007
(3,491,846)
3,550,853
F -47
City of Salina, Kansas
Schedule 3
Page 3
GENERAL FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -48
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Other financing sources (uses)
Operating transfer in
$ 17,000 $
17,000
;$ 0
Operating transfer out
(169,693)
(228,000)
58,307
Sale of assets
24,035
8,500
15,535
Total other financing
sources (uses)
(128,658)
(202,500)
73,842
Excess (deficiency) of revenues
and other sources over (under)
expenditures and other uses
(69,651)
(3,694,346)
3,624,695
Unreserved fund balances,
January 1
4,313,622
3,694,346
619,276
Unreserved fund balances,
December 31
$ 4,243,971 $
0
S 4,243,971
F -48
City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
$ 1,357 $
52,255 $
0 $
Business
Interfund payable
Employee
0
Special
Improvement
ASSETS
Benefits
Utility
Liability
District
Cash and investments
$ 1,200,726 $
401,045 $
78,470
$ 7,729
Receivables
Accounts
0
0
0
19,401
Taxes
2,080,700
693,599
324,784
0
Grants
0
0
0
0
Notes
0
0
0
0
Total assets
$ 3,281,426 $
1,094,644 $
403,254
$ 27,130
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
$ 1,357 $
52,255 $
0 $
0
Interfund payable
0
0
0
0
Deferred revenue
2,080,700
693,599
324,784
2,015
Total liabilities
2,082,057
745,854
324,784
2,015
Fund balances
Reserved for encumbrances
0
0
0
0
Unreserved
Undesignated (deficit)
1,199,369
348,790
78,470
25,115
Total fund balances (deficit)
1,199,369
348,790
78,470
25,115
Total liabilities and
fund balances
$ 3,281,426 $
1,094,644 S
403,254 $
27,130
F -49
Tourism Special
and Parks and
Convention Recreation
$ 0 $ 84,825 $
0 0
149,115 0
0 0
Schedule 4
Special Special Bicentennial
Alcohol Gas Center
0 $ 603,200 $ 349,556
0 0 49,878
0 330,189 0
0 0 0
.V i-r�, i , ✓ .p
0Y1063 .D V .D 7.73,307 ID 377,434
$ 0 $
0 $
0 $
9,561 $
10,523
0
0
0
0
0
0
0
0
0
0
0
0
0
9,561
10,523
0
0
0
159,633
0
149,115
84,825
0
764,195
388,911
149,115
84,825
0
923,828
388,911
$ 149,115 $
84,825 $
0 $
933,389 $
399,434
F -50
City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 0 $
Interfund payable 0
Deferred revenue 0
Total liabilities
Fund balances
Reserved for encumbrances
Unreserved
Undesignated (deficit)
Total fund balances (deficit)
Total liabilities and
0
1,620 $
4,333
0
54,924 (2,496)
0 $ 0
0 0
0 0
0
79,492
0
fund balances $ 54,924 $ 3,457 $ 79,492 $ 1,569
F -51
Bicentennial
HUD
Community
Center
Community
Development
Heritage
ASSETS
Event
Development
Revolving
Commission
Cash and investments
$ 54,924
$ 0
$ 79,492
492
Receivables
Accounts
0
0
0
0
Taxes
0
0
0
0
Grants
0
2,441
0
1,077
Notes
0
1,016
0
0
Total assets
$ 54,924
$ 3,457
$ 79,492
$ 1,569
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 0 $
Interfund payable 0
Deferred revenue 0
Total liabilities
Fund balances
Reserved for encumbrances
Unreserved
Undesignated (deficit)
Total fund balances (deficit)
Total liabilities and
0
1,620 $
4,333
0
54,924 (2,496)
0 $ 0
0 0
0 0
0
79,492
0
fund balances $ 54,924 $ 3,457 $ 79,492 $ 1,569
F -51
Special
Fair Law Police
Housing Enforcement Grants
$ 23,784 $ 38,831 $ 0 $
0 0 0
0 0 0
Schedule 4
Page 2
Traffic Total
Safety
Grant 1995 1994
0 69,279 180,266
0 3,578,387 3,641,589
$ 0 $
0 $
0 $
0 $
75,316 $
99,553
0
0
60,460
37,525
102,318
67,526
0
0
0
0
3,101,098
3,180,073
0
0
60,460
37,525
3,278,732
3,347,152
0
0
0
0
159,633
137,307
23,784
38,831
(60,460)
7,493
3,181,927
2,617,238
23,784
38,831
(60,460)
7,493
3,341,560
2,754,545
$ 23,784 $
38,831 $
0 $
45,018 $
6,620,292 $
6,101,697
F -52
City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
F -53
Employee
Special
Benefits
Utility
Liability
Revenues
Taxes
$ 2,623,765 $
816,261 $
423,331
Intergovernmental
185,000
0
0
Charges for services
0
0
0
Fines
0
0
0
Special assessments
0
0
0
Interest
0
0
0
Reimbursements
7,512
0
0
Miscellaneous
197,217
0
0
Total revenues
3,013,494
816,261
423,331
Expenditures
Current
General government
2,624,348
0
397,000
Public safety
0
0
0
Public works
0
703,582
0
Community development
0
0
0
Health and welfare
0
0
0
Bicentennial Center
0
0
0
Other
0
0
0
Capital outlay
0
0
0
Total expenditures
2,624,348
703,582
397,000
Excess (deficiency) of revenues
over (under) expenditures
389,146
112,679
26,331
Other financing sources (uses)
Operating transfers in
0
0
0
Operating transfers out
0
0
0
Total other financing sources (uses)
0
0
0
Excess (deficiency) of revenues and
other sources over (under) expenditures
and other uses
389,146
112,679
26,331
Fund balances, January 1
810,223
236,111
52,139
Fund balances (deficit)
December 31
$ 1,199,369 $
348,790 $
78,470
F -53
Schedule 5
Business T
Tourism S
Special
Improvement a
and P
Parks and S
Special S
Special B
Bicentennial
District C
Convention R
Recreation A
Alcohol G
Gas C
Center
$ 0 $
$ 594,170 $
$ 0 $ 0
0 $ 0
0 $
$ 0
0 0
0 8
84,825 8
84,825 1
1,274,897 0
0
0 0
0 0
0 0
0 0
0 6
679,625
467 0
0 0
0 0
0 0
0 0
0
93,997 0
0 0
0 0
0 0
0 0
0
0 0
0 0
0 0
0 0
0 0
0
0 0
0 0
0 0
0 0
0 0
0
0 0
0 0
0 0
0 0
0 0
0
94,464 5
594,170 8
84,825 8
84,825 1
1,274,897 6
679,625
57,999 3
372,533 0
0 0
0 0
0 0
0
0 0
0 0
0 0
0 0
0 0
0
0 0
0 0
0 0
0 1
152,279 0
0
0 0
0 0
0 0
0 0
0 0
0
0 0
0 0
0 8
84,825 0
0 0
0
0 0
0 0
0 0
0 0
0 8
878,148
0 0
0 0
0 0
0 0
0 0
0
0 0
0 0
0 0
0 1
1,065,170 1
122,300
57,999 3
372,533 0
0 8
84,825 1
1,217,449 1
1,000,448
36,465 2
221,637 8
84,825 0
0 5
57,448 (
(320,823)
0 0
0 0
0 0
0 0
0 3
358,356
(17,000) (
(248,356) 0
0 0
0 0
0 0
0
(17,000) (
(248,356) 0
0 0
0 0
0 3
358,356
19,465 (
(26,719) 8
84,825 0
0 5
57,448 3
37,533
149,115 84,825 $ 0 $ 923,828 $ 388,911
F -54
City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Revenues
Taxes
Intergovernmental
Charges for services
Fines
Special assessments
Interest
Reimbursements
Miscellaneous
Total revenues
Expenditures
Current
General government
Public safety
Public works
Community development
Health and welfare
Bicentennial Center
Other
Capital outlay
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Other financing sources (uses)
Operating transfers in
Operating transfers out
Total other financing sources (uses)
Excess (deficiency) of revenues and
other sources over (under) expenditure;
and other uses
Fund balances, January I
Fund balances (deficit)
Bicentennial H
HUD C
Community
Center C
Community D
Development H
Heritage
Event D
Development R
Revolving C
Commission
0 11,760 0 3,429
0 0 0 0
0 0 0 0
0 58,560 4,008 0
0 0 0 0
1,188,966 0 0 0
0 0 0 0
1 100
(37,256) (11,049)
0 2,135 974
0 (974) (2,135)
0 1,161 (1,161)
3,429
(489)
0
0
(37,256) (9,888) (575) (489)
92,180 7,392 80,067 2,058
December 31 $ 54,924 $ (2,496) $ 79,492 $ 1,569
F-55
1 100
(37,256) (11,049)
0 2,135 974
0 (974) (2,135)
0 1,161 (1,161)
3,429
(489)
0
0
(37,256) (9,888) (575) (489)
92,180 7,392 80,067 2,058
December 31 $ 54,924 $ (2,496) $ 79,492 $ 1,569
F-55
Schedule 5
Page 2
1,040
Special
0
Traffic
Total
567
Fair
Law
Police
Safety
388,989
309,975
Housing
Enforcement
Grants
Grant
1995
1994
$ 0
$ 0 $
0 $
0 $
4,457,527 $
4,272,158
0
0
75,723
186,864
1,927,421
2,179,543
0
0
0
0
1,843,095
1,626,696
0
0
0
0
467
150
0
0
0
0
93,997
75,012
0
1,871
0
0
5,811
3,588
0
0
1,752
0
15,802
9,033
3,403
0
0
0
209,900
157,000
1,040
0
0
0
3,468,109
567
0
1,091
205,527
182,371
388,989
309,975
0
0
0
0
855,861
209,337
0
0
0
0
62,568
309,504
0
0
0
0
84,825
84,417
0
0
0
0
2,067,114
1,720,509
0
0
0
0
0
4,021,854
0
4,762
0
0
1,192,232
1,137,500
1,040
5,853
205,527
182,371
8,119,698
7,793,663
2,363
(3,982)
(128,052)
4,493
434,322
529,517
0
0
59,693
0
421,158
432,966
0
0
0
0
(268,465)
(546,712)
0
0
59,693
0
152,693
(113,746)
2,363
(3,982)
(68,359)
4,493
587,015
415,771
21,421
42,813
7,899
3,000
2,754,545
2,338,774
$ 23,784 $
38,831 $
(60,460) $
7,493 $
3,341,560 $
2,754,545
F -56
City of Salina, Kansas
Schedule 6
EMPLOYEE BENEFIT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -57
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Taxes
Property
$ 2,106,728 $
2,041,673
$ 65,055
Delinquent
38,643
40,600
(1,957)
Motor vehicle
478,394
408,000
70,394
Total taxes
2,623,765
2,490,273
133,492
Intergovernmental
185,000
185,000
0
Reimbursed expenses
7,512
7,512
Miscellaneous revenues
197,217
197,217
Total revenues
3,013,494
2,675,273
338,221
Expenditures
General government
Earned leave
38,583
40,000
1,417
Unemployment
24,531
26,710
2,179
Social security
394,377
396,690
2,313
Life insurance
45,948
49,490
3,542
Kansas Police and Fire
Retirement
624,465
630,000
5,535
Kansas Public Employees
Retirement
93,792
106,200
12,408
Health insurance
969,977
1,070,800
100,823
Wellness
47,425
41,600
(5,825)
Other benefits
5,250
0
(5,250)
Administrative expenses
380,000
380,000
0
Cash reserve
0
486,000
486,000
Total expenditures
2,624,348
3,227,490
603,142
Excess (deficiency) of
revenues over (under)
expenditures
389,146
(552,217)
941,363
Unreserved fund balances,
January 1
810,223
552,217
258,006
Unreserved fund balances,
December 31
$ 1,199,369 $
0
$ 1,199,369
F -57
City of Salina, Kansas
Schedule 6
Page 2
UTILITY SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -58
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Taxes
Property
$ 617,418 $
598,430
$ 18,988
Delinquent
12,945
15,800
(2,855)
Motor vehicle
185,898
159,459
26,439
Total revenues
816,261
773,689
42,572
Expenditures
General government
Gas service
62,429
86,000
23,571
Street lighting
277,994
290,000
12,006
Water service
58,412
96,000
37,588
Light and power
264,093
308,000
43,907
Traffic control
40,654
42,000
1,346
Cash reserves
0
125,000
125,000
Total expenditures
703,582
947,000
243,418
Excess (deficiency) of
revenues over (under)
expenditures
112,679
(173,311)
285,990
Unreserved fund balances,
January 1
236,111
173,311
62,800
Unreserved fund balances,
December 31
$ 348,790 $
0
$ 348,790
F -58
City of Salina, Kansas
SPECIAL LIABILITY SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Taxes
Property
Delinquent
Motor vehicle
Total revenues
Expenditures
General government
Administrative expenses
Cash reserve
Total expenditures
Excess (deficiency) of
revenues over (under)
expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
Schedule 6
Page 3
[alit
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
$ 343,451 $
332,927
$ 10,524
5,028
6,300
(1,272)
74,852
63,455
11,397
423,331
402,682
20,649
397,000
397,000
0
0
40,000
40,000
397,000
437,000
40,000
26,331
(34,318)
60,649
52,139
34,318
17,821
$ 78,470 $
0
$ 78,470
[alit
City of Salina, Kansas
Schedule 6
Page 4
BUSINESS IMPROVEMENT DISTRICT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -60
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Fines
$ 467 $
0
$ 467
Special assessments
78,692
75,000
3,692
Total revenues
79,159
75,000
4,159
Expenditures
General government
Contractual
57,957
58,000
43
Other
42
0
(42)
Total expenditures
57,999
58,000
1
Excess of revenues
over expenditures
21,160
17,000
4,160
Other financing sources
(uses)
Operating transfers out
(17,000)
(17,000)
0
Excess of revenues
over expenditures
and other uses
4,160
0
4,160
Unreserved fund balances,
January 1
3,569
0
3,569
Unreserved fund balances,
December 31
$ 7,729 $
0
$ 7,729
F -60
City of Salina, Kansas
Schedule 6
Page 5
TOURISM AND CONVENTION SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -61
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Taxes
Transient guest
$ 594,061 $
650,000
$ (55,939)
Expenditures
General government
Contractual
372,534
390,000
17,466
Excess (deficiency) of
revenues over (under)
expenditures
221,527
260,000
(38,473)
Other financing sources
(uses)
Operating transfers out
(248,356)
(260,000)
11,644
Excess (deficiency) of
revenues over (under)
expenditures and other
uses
(26,829)
0
(26,829)
Unreserved fund balances,
January 1
26,829
0
26,829
Unreserved fund balances,
December 31
$ 0 $
0
$ 0
F -61
City of Salina, Kansas
Schedule 6
Page 6
SPECIAL PARKS AND RECREATION SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Intergovernmental
Expenditures
Cash reserve
Excess of revenues over
expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
1995
Variance
Favorable
Actual Budget (Unfavorable)
a o- t,o.L.) .n ov,wo a ki,++�)
84,825 0 84,825
$ 84,825 $ 0 $ 84,825
F -62
City of Salina, Kansas
SPECIAL ALCOHOL SPECIAL REVENUE FUND
Schedule 6
Page 7
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Intergovernmental
Expenditures
Health and welfare
Contractual
Excess of revenues over
expenditures
Unreserved fund balances,
January I
Unreserved fund balances,
December 31
1995
Variance
Favorable
Actual Budget (Unfavorable)
$ 84,825 $ 86,267 $ (1,442)
84,825 86,267 1,442
0 0 0
0 0 0
$ 0 $ 0 $ 0
F -63
City of Salina, Kansas
Schedule 6
Page 8
SPECIAL GAS TAX SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -64
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Intergovernmental
$ 1,266,537 $
1,300,000
$ (33,463)
Expenditures
Public works
Supplies
146,994
134,130
(12,864)
Other services
4,834
0
(4,834)
Capital outlay
1,087,946
1,105,400
17,454
Cash reserve
0
377,082
377,082
Total expenditures
1,239,774
1,616,612
376,838
Excess (deficiency) of
revenues over (under)
expenditures
26,763
(316,612)
343,375
Unreserved fund balances,
January 1
407,243
316,612
90,631
Unreserved fund balances,
December 31
$ 434,006 $
0
$ 434,006
F -64
City of Salina, Kansas
Schedule 6
Page 9
BICENTENNIAL CENTER SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Charges for services
Expenditures
Bicentennial Center
Personal services
Supplies
Contractual
Other services and charges
Capital outlay
Cash reserve
Total expenditures
Excess (deficiency) of
revenues over (under)
expenditures
Other financing sources
Operating transfers in
Excess (deficiency) of revenues
and other sources over (under)
expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
1995
Variance
Favorable
Actual Budget (Unfavorable)
$ 695,105 $ 663,000 $ 32,105
490,164
530,447
40,283
50,635
52,200
1,565
687
2,000
1,313
336,662
328,100
(8,562)
122,300
105,400
(16,900)
0
327,721
327,721
1,000,448
1,345,868
345,420
(305,343)
(682,868)
(313,315)
358,356
370,000
(11,644)
53,013
(312,868)
(324,959)
286,020
312,868
(26,848)
$ 339,033 $
0 $
339,033
F -65
City of Salina, Kansas
Schedule 6
Page 10
BICENTENNIAL CENTER EVENT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
1995
Revenues
Charges for services $ 1,151,710
Expenditures
Bicentennial Center
Supplies 1,188,966
Excess (deficiency) of
revenues over (under)
expenditures (37,256)
Unreserved fund balances,
January 1 92,180
Unreserved fund balances,
December 31 $ 54,924
F -66
City of Salina, Kansas
HUD COMMUNITY DEVELOPMENT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
Revenues
Intergovernmental
Interest
Reimbursements
Miscellaneous
Total revenues
Expenditures
Community development
Personal services
Supplies
Contractual
Total expenditures
Excess of revenues over
expenditures
Other financing sources (uses)
Operating transfers in
Operating transfers out
Total other financing sources
Excess of revenues and other
sources over expenditures and other uses
Unreserved fund balances (deficit),
January 1
Unreserved fund balances (deficit),
December 31
F -67
Schedule 6
Page 11
1995
$ 44,885
302
16,326
7,417
68,930
9,566
326
48,669
58,561
10,369
2,135
(974)
1,161
11,530
(17,483)
$ (5,953)
City of Salina, Kansas
Schedule 6
Page 12
COMMUNITY DEVELOPMENT REVOLVING SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
Revenues
Interest
Reimbursements
Total revenues
Expenditures
Community development
Contractual
Excess of revenues over
expenditures
Other financing sources (uses)
Operating transfers in
Operating transfers out
Total other financing sources (uses)
Excess (deficiency) of revenues
and other sources over (under)
expenditures and other uses
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
F -68
1995
$ 3,638
956
4,594
4,008
ca.<
974
(2,135)
(1,161)
(575)
nniir_a�
$ 79,492
City of Salina, Kansas
Schedule 6
Page 13
HERITAGE COMMISSION SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
1995
Revenues
Miscellaneous $ 1,863
Expenditures
General government
Supplies 3,342
Other 8'7
Total expenditures 3,429
Excess (deficiency) of revenues over
(under) expenditures (1,566)
Unreserved fund balances, January 1 2,058
Unreserved fund balances, December 31 $ 492
F -69
City of Salina, Kansas
Schedule 6
Page 14
FAIR HOUSING SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
1995
Revenues
Miscellaneous $ 3,402
Expenditures
General government
Contractual 1,039
Excess of revenues over
expenditures 2,363
Unreserved fund balances,
January 1 21,421
Unreserved fund balances,
December 31 $ 23,784
F -70
City of Salina, Kansas
Schedule 6
Page 15
SPECIAL LAW ENFORCEMENT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
1995
Revenues
Interest $ 1,871
Expenditures
Public safety
Supplies 1,091
Capital outlay 4,762
Total expenditures 5,853
Excess (deficiency) of
revenues over (under)
expenditures (3,982)
Unreserved fund balances,
January 1 42,813
Unreserved fund balances,
December 31 $ 38,831
F -71
City of Salina, Kansas
Schedule 6
Page 16
POLICE GRANTS SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
Revenues
9UOC
Intergovernmental $ 88,632
Reimbursements 1,752
Total revenues on '2an
Expenditures
Public safety
Personal services 145,834
Other services co A012
Total expenditures 205 527
Excess (deficiency) of
revenues over (under)
expenditures (115,143)
Other financing sources
Operating transfers in 59691
Excess (deficiency) of
revenue and other
sources over (under)
expenditures (55,450)
Unreserved fund balances (deficit),
January 1 (S m m
Unreserved fund balances (deficit),
December 31 $ (60,460)
F -72
City of Salina, Kansas
Schedule 6
Page 17
TRAFFIC SAFETY GRANT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL
For the fiscal year ended December 31, 1995
F -73
1995
Revenues
Intergovernmental
$ 207,571
Expenditures
Public safety
Personal services
167,800
Supplies
14,571
Total expenditures
182,371
Excess of revenues over
expenditures
25,200
Unreserved fund balances (deficit),
January 1
(62,725)
Unreserved fund balances (deficit),
December 31
$ (37,525)
F -73
City of Salina, Kansas
BOND AND INTEREST DEBT SERVICE FUND
COMPARATIVE BALANCE SHEETS
December 31, 1995 and 1994
ASSETS
Cash and investments
Receivables
Taxes
Special assessments
Total assets
LIABILITIES AND FUND BALANCES
Liabilities
Deferred revenue
Fund balances
Unreserved
Designated for debt service
Total liabilities and
fund balances
F -74
Schedule 7
1 nnz 1I ll I
$ 1,024,020 $ 797,083
1,002,081 1,880,913
0 3,293,020
$ 2,026,101 $ 5,971,016
$ 1,002,081 $ 5,173,933
1,024,020 797,083
$ 2,026,101 $ 5,971,016
City of Salina, Kansas
DEBT SERVICE FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1995 and 1994
Revenues
Taxes
Special assessments
Interest
Miscellaneous
Total revenues
Expenditures
Debt service
Principal
Interest and other charges
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Other financing sources
Operating transfers in
Excess of revenues and other sources
over expenditures
Fund balances, January 1
Residual equity transfer in
Fund balances, December 31
F -75
$ 2,127,230 $
883,807
8,316
Schedule 8
1,388,376
793,190
1,371
3,019,353 2,192,853
2,235,447 2,163,130
218,566 (579,966)
A
218,566 112,195
797,083 539,887
Q '7'71 , .1 .,..,
$ 1,024,020 $ 797,083
City of Salina, Kansas
Schedule 9
BOND AND INTEREST DEBT SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -76
1995
Variance
Favorable
Revenues
Actual
Budget
(Unfavorable)
Taxes
Property
$ 1,832,581 $
1,776,003
$ 56,578
Delinquent
25,190
22,800
2,390
Motor vehicle
269,459
229,033
40,426
Total taxes
2,127,230
2,027,836
99,394
Special assessments
883,807
870,000
13,807
Interest
Accrued interest
8,316
0
8,316
Total revenues
3,019,353
2,897,836
121,517
Expenditures
Debt service
Principal
2,235,447
2,355,447
120,000
Interest
564,626
657,628
93,002
Commission and postage
714
1,500
786
Cash reserve
0
400,000
400,000
Total expenditures
2,800,787
3,414,575
613,788
Excess (deficiency) of
revenues over (under)
expenditures
218,566
(516,739)
735,305
Unreserved fund balances,
January 1
797,083
516,739
280,344
Residual equity transfer in
8,371
0
8,371
Unreserved fund balances,
December 31
$ 1,024,020 $
0
$ 1,024,020
F -76
City of Salina, Kansas
Schedule 10
CAPITAL PROJECTS FUND
COMPARATIVE BALANCE SHEETS
December 31, 1995
ASSETS 1995 1994
Cash and investments $ 460,608 $ 322,454
Receivable
Grants 77,308 0
Total assets $ 537,916 $ 322,454
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
$ 170,953 $
28,738
Retainage payable
0
15,316
Total liabilities
170,953
44,054
Fund balances
Reserved for encumbrances
1,481,153
803,426
Unreserved
Undesignated (deficit)
(1,114,190)
(525,026
Total fund balances
366,963
278,400
Total liabilities and fund balances
$ 537,916 $
322,454
F -77
City of Salina, Kansas
CAPITAL PROJECTS FUND
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1995 and 1994
Revenues
Intergovernmental
Charges for services
Special assessments
Interest
Reimbursements
Total revenues
Expenditures
Capital outlay
Contractual
Capital outlay
Debt service
Temporary note payments
Interest expense
Bond issuance costs
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Other financing sources (uses)
Bond and temporary note proceeds
Excess of revenues and other sources
over expenditures
Fund balances, January 1
Residual equity transfers out
Fund balances, December 31
F -78
Schedule 11
1995
1994
$ 195,642 $
50,730
89,413
0
46,563
0
11,771
16,325
109,675
132,802
1,024,701
793,245
1,495,000
70,659
11
(2,952,066)
96,934
278,400
0
2,201,156
1,028,000
0
(3,029,299)
160,701
262,700
$ 366,963 $ 278,400
City of Salina, Kansas
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Cash and investments
Receivables
Accounts
Interest
Grants
Inventory and prepaid supplies
Restricted cash and investments
Fixed assets
Land
Land improvement
Water plant and equipment
Sewerage plant and equipment
Equipment
Vehicles
Buildings
Construction in process
Accumulated depreciation
Deferred charges
Total assets
ASSETS
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
Accrued compensated absences
Meter deposits payable
Payable from restricted assets
Accrued interest payable
Revenue bonds payable - current
Accounts and retainage payable
General obligation bonds payable - current
Temporary notes payable - current
General obligation bonds payable
Revenue bonds payable
Temporary notes payable
Landfill closure and postclosure
Total liabilities
Equity
Contributed capital
Retained Earnings
Reserved for bond retirement
Unreserved
Total equity
Total liabilities and equity
F -79
Solid Waste
Sanitation Disposal
$ 622,698 $ 1,386,041
68,681
68,075
0
4,053
0
0
0
0
0
0
18,000
120,000
0
2,643,278
0
0
0
0
584,363
258,104
306,338
1,023,657
0
170,760
0
2,011,077
(662,044)
(645,156)
n
21) nc1)
$ 938,036 $ 7,071,941
$ 2,414 $
60,982
85,275
25,651
0
0
0
63,739
0
0
0
100,269
0
241,504
0
765,000
0
1,827,310
0
0
0
1,395,000
0
632,295
87,689
5,111,750
5,187
72,743
0
0
845,160
1,887,448
850,347
1,960,191
$ 938,036 $
7,071,941
Schedule 12
Total
Golf Course Water and
Inne 1n01 A
$ 111,152 $
13,265,730 $
15,385,621 $
8,916,067
0
548,948
685,704
1,357,860
0
62,717
66,770
0
0
570,068
570,068
0
15,941
329,446
345,387
326,456
0
10,607,088
10,607,088
17,268,221
15,000
361,050
514,050
514,050
184,938
0
2,828,216
1,983,984
0
29,330,679
29,330,679
28,874,626
0
34,491,856
34,491,856
34,089,749
682,932
477,954
2,003,353
1,808,886
18,429
0
1,348,424
1,424,911
225,232
0
395,992
395,791
0
2,722,855
4,733,932
1,607,081
(815,682)
(22,184,304)
(24,307,186)
(22,340,691)
0
544,923
576,975
605,407
$ 437,942 $
71,129,010 $
79,576,929 $
76,832,398
$ 6,250 $
21,216
0
525
0
0
6,707
0
46,556
0
0
81,254
316,916 $
247,939
85,419
476,116
955,000
62,247
0
0
0
34,890,000
0
386,562 $
380,081
85,419
540,380
955,000
162,516
248,211
765,000
1,873,866
34,890,000
1,395,000
37,033,637 42,314,330
246,833
368,020
84,452
525,326
880,000
576,493
0
339,537
1,387,093
35,845,000
840,000
629,750
1,700
8,385,683
8,465,313
7,625,670
0
4,296,012
4,296,012
4,223,749
354,988
21,413,678
24,501,274
23,260,475
356,688
34,095,373
37,262,599
35,109,894
$ 437,942 $
71,129,010 $
79,576,929 $
76,832,398
F -80
City of Salina, Kansas
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Operating revenues
Intergovernmental
Charges for services
Miscellaneous
Total operating revenues
Operating expenses
Public works
Recreation
Depreciation
Total operating expenses
Operating income (loss)
Nonoperating revenues (expenses)
Interest
Miscellaneous
Bond issuance costs
Debt service
Loss on investments
Loss on disposition of fixed assets
Total nonoperating revenues (expenses)
Net income (loss)
Retained earnings, January I
Prior period adjustment
Retained earnings, December 31
F -81
1,021,796 646,172
0 0
1,062,250 873,900
29,562 48,200
0 0
0 0
0 (44,272)
0 0
29,562
Solid Waste
Sanitation
Disposal
$ 0
$ 12,107
1,061,691
1,471,341
13,400
27,623
1,075,091
1,511,071
1,021,796 646,172
0 0
1,062,250 873,900
29,562 48,200
0 0
0 0
0 (44,272)
0 0
29,562
1,928
42,403
802,757
639,099
1,248,349
$ 845,160 $ 1,887,448
Schedule 13
$ 354,988 $ 25,709,690 $ 28,797,286 $ 27,484,224
F -82
Total
Golf Course
Water and
Division
Sewer
1995
1994
$ 0 $
0 $
12,107 $
0
635,921
9,853,879
13,022,832
12,162,238
5,931
139,141
186,095
113,840
641,852
9,993,020
13,221,034
12,276,078
0
5,879,776
7,547,744
6,974,105
603,937
0
603,937
540,554
50,441
1,948,490
2,267,113
1,694,309
654,378
7,828,266
10,418,794
9,208,968
(12,526)
2,164,754
2,802,240
3,067,110
5,273
629,896
712,931
866,686
0
0
0
93,864
0
(39,705)
(39,705)
0
(2,350)
(2,054,048)
(2,100,670)
(1,505,869)
0
(29,297)
(29,297)
0
(14,904)
(15,533)
(32,437)
(20,588)
(11,981)
(1,508,687)
(1,489,178)
(565,907)
(24,507)
656,067
1,313,062
2,501,203
379,495
25,053,623
27,484,224
25,465,271
0
0
0
(482,250)
$ 354,988 $ 25,709,690 $ 28,797,286 $ 27,484,224
F -82
City of Salina, Kansas
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Cash flows from noncapital
financing activities
Other nonoperating receipts 0 0
Net increase (decrease) in cash and
cash equivalents (14,693) 203,242
Cash and cash equivalents, January 1 637,391 1,182,799
Cash and cash equivalents, December 31 $ 622,698 $ 1,386,041
Cash and investments $ 622,698 $ 1,386,041
Restricted cash and investments 0 0
Total cash and cash equivalents $ 622,698 $ 1,386,041
F -83
Solid Waste
Sanitation
Disposal
Cash flows from operating activities
Cash received from customers and users
$ 1,050,499
$ 1,473,207
Cash paid to suppliers and employees
(1,016,897)
(513,220)
Operating grant receipts
0
12,107
Other operating receipts
13,400
27,623
Net cash provided by operating
activities
47,002
999,717
Cash flows from capital and related
financing activities
Purchase and construction of fixed assets
(96,444)
(2,553,567)
Principal payments - temporary notes
0
(745,000)
Principal payments - general obligation bonds
0
(167,846)
Principal payments - revenue bonds
0
0
Interest paid
0
(24,915)
Proceeds from issuance of debt
0
2,635,000
Contributed capital
5,187
15,706
Net cash used in capital and
related financing activities
(91,257)
(840,622)
Cash flows from investing activities
Interest received
29,562
44,147
Cash flows from noncapital
financing activities
Other nonoperating receipts 0 0
Net increase (decrease) in cash and
cash equivalents (14,693) 203,242
Cash and cash equivalents, January 1 637,391 1,182,799
Cash and cash equivalents, December 31 $ 622,698 $ 1,386,041
Cash and investments $ 622,698 $ 1,386,041
Restricted cash and investments 0 0
Total cash and cash equivalents $ 622,698 $ 1,386,041
F -83
Schedule 14
Total
Golf Course
Water and
Division
Sewer
1995
1994
$ 635,921
$
10,536,328
$
13,695,955
$
11,838,591
(592,910)
(6,307,227)
(8,430,254)
(7,209,654)
0
0
12,107
0
5,931
139,141
186,095
113,840
48,942
4,368,242
5,463,903
4,742,777
(34,626)
(2,595,842)
(5,280,479)
(7,416,079)
0
0
(745,000)
0
(6,707)
0
(174,553)
(161,870)
0
(880,000)
(880,000)
(805,000)
(2,434)
(2,069,540)
(2,096,889)
(2,033,734)
0
0
2,635,000
12,546,731
1,700
246,982
269,575
865,000
(42,067)
(5,298,400)
(6,272,346)
2,995,048
5,273
567,179
646,161
1,012,585
0
(29,297)
(29,297)
0
12,148
(392,276)
(191,579)
8,750,410
99,004
24,265,094
26,184,288
17,433,878
$ 111,152
$
23,872,818
$
25,992,709
$
26,184,288
$ 111,152
$
13,265,730
$
15,385,621
$
8,916,067
0
10,607,088
10,607,088
17,268,221
$ 111,152
$
23,872,818
$
25,992,709
$
26,184,288
F -84
City of Salina, Kansas
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Reconciliation of operating income (loss)
to net cash provided by operating
activities
Operating income (loss)
Adjustments to reconcile operating
income (loss) to net cash provided by
operating activities
Depreciation expense
(Increase) decrease in accounts receivable
(Increase) decrease in inventory
Increase (decrease) in accounts payable
Increase (decrease) in accrued compensated absences
Increase (decrease) in meter deposits payable
Increase (decrease) in accounts and retainage payable
Increase (decrease) in landfill closure and postclosure
Net cash provided by
operating activities
F -85
Solid Waste
Sanitation Disposal
12,841 $ 637,171
40,454
227,728
(11,192)
1,866
0
0
1,956
42,811
2,943
3,929
0
0
0
83,667
0
2,545
$ 47,002 $ 999,717
Schedule 14
Page 2
Total
Golf Course Water and
$ (12,526) $ 2,164,754 $ 2,802,240 $ 3,067,110
50,441
1,948,490
2,267,113
1,694,309
0
681,482
672,156
(322,672)
9,948
(28,879)
(18,931)
41,224
2,432
92,530
139,729
85,201
(1,353)
6,542
12,061
31,080
0
967
967
(975)
0
(497,644)
(413,977)
0
0
0
2,545
147,500
$ 48,942 $
4,368,242 $
5,463,903 $
4,742,777
F -86
City of Salina, Kansas
Schedule 15
SANITATION ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -87
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Charges for services
$ 1,050,500 $
1,020,000
$ 30,500
Interest
29,563
20,000
9,563
Miscellaneous
13,400
1,000
12,400
Total revenues
1,093,463
1,041,000
52,463
Expenditures
General government
Administrative expense
98,642
98,642
0
Public works
Personal services
514,479
512,480
(1,999)
Supplies
132,453
141,300
8,847
Contractual
15,052
15,300
248
Other services and charges
258,228
267,200
8,972
Capital outlay
91,257
97,800
6,543
Cash reserve
0
428,532
428,532
Total expenditures
1,110,111
1,561,254
451,143
Excess (deficiency) of revenues
over (under) expenditures
(16,648)
(520,254)
503,606
Unreserved fund balances,
January 1
636,933
520,254
116,679
Unreserved fund balances,
December 31
$ 620,285 $
0
$ 620,285
F -87
F -88
City of Salina, Kansas
Schedule 15
Page 2
SOLID WASTE DISPOSAL DIVISION ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Intergovernmental
$ 12,107 $
0
$ 12,107
Charges for services
1,489,643
1,440,000
49,643
Interest
48,200
22,000
26,200
Reimbursements
15
0
15
Miscellanaeous
27,609
0
27,609
Total revenues
1,577,574
1,462,000
115,574
Expenditures
General government
Administrative expenses
47,765
47,765
0
Public works
Personal services
290,585
298,306
7,721
Supplies
154,910
149,900
(5,010)
Contractual
6,120
89,500
83,380
Other services and charges
156,020
226,700
70,680
Capital outlay
376,830
409,000
32,170
Debt service
Principal
332,846
432,845
99,999
Interest
75,661
127,740
52,079
Commission and postage
1
0
(1)
Cash reserve
0
378,901
378,901
Total expenditures
1,440,738
2,160,657
719,919
Excess (deficiency) of revenues
over (under) expenditures
136,836
(698,657)
835,493
Other financing sources (uses)
Temporary notes
0
281,000
(281,000)
Excess (deficiency) of revenues and other
sources over (under) expenditures
136,836
(417,657)
554,493
Unreserved fund balances,
January 1
821,188
417,657
403,531
Unreserved fund balances,
December 31
$ 958,024 $
0
$ 958,024
F -88
City of Salina, Kansas
SOLID WASTE CONSTRUCTION ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL
For the fiscal year ended December 31, 1995
Revenues
Interest
Expenditures
Public works
Other services and charges
Capital outlay
Debt service
Interest
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Other financing sources (uses)
Bond proceeds
Temporary notes proceeds
Bond issuance costs
Temporary notes paid
Total other financing sources (uses)
Excess of revenues and other
sources over expenditures and other uses
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
F -89
Schedule 15
Page 3
1995
$ 26,359
125,168
1,835,934
17,342
1,978,444
(1,952,085)
735,000
1,900,000
(15,204)
(580,000)
� non -nc
87,711
i nnc
$ 89,117
City of Salina, Kansas
GOLF COURSE DIVISION ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Taxes
Sales
Charges for services
Interest
Reimbursements
Miscellaneous
Total revenues
Expenditures
General government
Administrative expenses
Recreation
Personal services
Supplies
Contractual
Other services and charges
Capital outlay
Debt service
Principal
Interest
Cash reserve
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Unreserved fund balances,
January I
Unreserved fund balances,
December 31
'schedule 15
Pa g_ e4
1995
Variance
Favorable
Actual Budget (Unfavorable)
$ 19,480 $
15,000 $
4,480
616,441
592,000
24,441
5,273
2,500
2,773
210
200
10
5,721
2,000
3,721
647,125
611,700
35,425
44,321
44,771
450
260,274
265,981
5,707
109,442
86,700
(22,742)
26,044
17,500
(8,544)
155,262
130,300
(24,962)
32,925
48,000
15,075
6,707
9,142
2,435
2,434
0
(2,434)
0
113,789
113,789
637,409
716,183
78,774
9,716
(104,483)
114,199
95,186
104,483
(9,297)
$ 104,902 $
0 $
104,902
F -90
City of Salina, Kansas
WATER AND SEWER ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Charges for services
Interest
Miscellaneous
Total revenues
Expenditures
General government
Administrative expenses
Public works
Personal services
Supplies
Contractual
Other services and charges
Capital outlay
Debt service
Commission and postage
Cash reserves
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Other financing sources (uses)
Operating transfers out
Excess (deficiency) of revenues over
(under) expenditures and other uses
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
'schedule 15
Pace 5
1995
Variance
Favorable
$ 9,841,994 $ 9,203,000 $
372,368 200,000
171,008 100,000
10,385,370 9,503,000
469,200
2,222,379
1,461,151
1,036,485
1,087,194
3,421,909
822
686,230
469,200
2,250,814
1,596,200
736,495
1,156,600
1,001,750
1,000
638,994
172,368
0
28,435
135,049
(299,990)
69,406
(2,420,159)
178
12,249,159 2,550,019
(2,746,159) 3,432,389
(2,186,690) (2,506,000) 319,310
(1,500,460) (5,252,159) 3,751,699
6,612,932 5,252,159 1,360,773
$ 5,1 12,472 $ 0 $ 5,112,472
F -91
City of Salina, Kansas
�ichedule 15
Pa eg_6
WATER AND SEWER PRINCIPAL AND INTEREST ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL
For the fiscal year ended December 31, 1995
Revenues
Charges for services
Interest
Total revenues
Expenditures
Debt service
Principal
Interest
Commission and postage
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Other financing sources (uses)
Operating transfers in
Excess of revenues and other
sources over expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
F -92
1995
$ 93,192
205,083
298,275
880,000
1,588,797
1,247
2,470,044
(2,171, 769)
2,186,690
14,921
615,517
$ 630,438
City of Salina, Kansas
WATER AND SEWER BOND RESERVE ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL
For the fiscal year ended December 31, 1995
Schedule 15
Pe 77
1995
Revenues $ 0
Expenditures _ 0
Excess of revenues
over expenditures 0
Unreserved fund balances,
January 1 3,602,858
Unreserved fund balances,
December 31 $ 3,602,858
Comprised of:
Extension and Bond Retirement Reserve
$ 979,758
1990 Bond Reserve
786,500
1992 Bond Reserve
1,340,000
Depreciation and Emergency Replacement
125,000
1993 Bond Reserve
265,000
1994 Bond Reserve
106,600
$ 3,602,858
F -93
City of Salina, Kansas
Schedule 15
Page 8
WATER AND SEWER CONSTRUCTION ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL
For the fiscal year ended December 31, 1995
Expenditures
General government
Administrative expenses 98,449
Capital outlay _ 41,555
Total expenditures _ 140,004
Excess of revenues
over expenditures 914,320
Other financing sources (uses)
Bond issuance costs (23)
Excess of revenues over
expenditures and other uses _ 914,297
Unreserved fund balances (deficit),
January 1 - (157,051)
Unreserved fund balances,
December 31 $ 757,246
F -94
1995
Revenues
Intergovernmental
$ 890,500
Charges for services
5,257
Interest
61,547
Miscellaneous
97,020
Total revenues
1,054,324
Expenditures
General government
Administrative expenses 98,449
Capital outlay _ 41,555
Total expenditures _ 140,004
Excess of revenues
over expenditures 914,320
Other financing sources (uses)
Bond issuance costs (23)
Excess of revenues over
expenditures and other uses _ 914,297
Unreserved fund balances (deficit),
January 1 - (157,051)
Unreserved fund balances,
December 31 $ 757,246
F -94
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Cash and investments
Receivables
Accounts
Deposits
Inventory
Fixed assets
Equipment
Vehicles
Buildings
Accumulated depreciation
Total assets
Worker's
Risk Compensation
ASSETS Management Reserve
$ 427,685 $ 814,453
0 0
0 39,693
0 0
LIABILITIES AND EQUITY
Liabilities
Accounts payable
Accrued compensated absences
Accrued claims payable
Total liabilities
Equity
Contributed capital
Retained earnings
Unreserved
Total liabilities and equity
F -95
0 0
0 0
0 0
0 0
$ 427,685 $ 854,146
$ 40 $ 0
1,023 0
1,063 206,434
0 0
$ 427,685 $ 854,146
Schedule 16
Total
Central Information
Inne 1nnA
$ 47,137 $
126,108 $
1,415,383 $
1,053,744
0
0
0
24,850
0
0
39,693
0
66,820
0
66,820
0
134,972
846,742
981,714
889,439
15,910
0
15,910
12,444
22,072
0
22,072
22,072
(120,513)
(316,966)
(437,479)
(294,466)
$ 166,398 $
655,884 $
2,104,113 $
1,708,083
$ 34,041 $
4,055 $
38,136 $
314,314
16,270
13,133
30,426
38,289
0
0
206,434
0
50,311
17,188
274,996
352,603
16,611
438,567
455,178
410,243
99,476
200,129
1,373,939
945,237
$ 166,398 $
655,884 $
2,104,113 $
1,708,083
F -96
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Operating revenues
Charges for services
Reimbursements
Miscellaneous
Total operating revenues
Operating expenses
General government
Other
Depreciation
Total operating expenses
Operating income (loss)
Nonoperating revenues (expenses)
Loss on disposition of fixed assets
Net income (loss)
Retained earnings, January 1
Restatement
Retained earnings, January 1, as restated
Retained earnings, December 31
F -97
Worker's
Risk Compensation
Management Reserve
$ 512,338 $ 514,536
0 1,627
0 0
338,223 242,411
0 0
174,115 273,752
252,507 373,960
0 0
252,507 373,960
$ 426,622 $ 647,712
Central Information
Schedule 17
Total
1995 1994
$ 691,094 $
206,075 $
1,924,043 $
1,947,478
3,780
120,000
125,407
6,643
0
1,732
1,732
3,206
694,874
327,807
2,051,182
1,957,327
0
265,083
845,717
917,604
698,459
0
698,459
645,889
5,670
148,954
154,624
71,110
704,129
414,037
1,698,800
1,634,603
(9,255)
(86,230)
352,382
322,724
0
(1,146)
(1,146)
(131,673)
(9,255)
(87,376)
351,236
191,051
31,265
287,505
945,237
754,186
77,466
0
77,466
0
108,731
287,505
1,022,703
754,186
$ 99,476 $
200,129 $
1,373,939 $
945,237
F -98
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Worker's
Risk Compensation
Management Reserve
Cash flows from operating activities
Cash received from customers $ 512,338 $ 501,320
Cash paid to suppliers and employees (361,351) (270,406)
Other operating receipts 0 0
Net cash provided by (used for) operating
activities 150,987 230,914
Cash flows from capital and related
financing activities
Purchase of fixed assets 0 0
Contributed capital 0 0
Net cash used for capital and
related financing activities 0 0
Net increase (decrease) in cash and
cash equivalents 150,987 230,914
Cash and cash equivalents, January 1 276,698 583,539
Cash and cash equivalents, December 31 $ 427,685 $ 814,453
F -99
Central
Garage
$ 694,874 $
(711,406)
(16,532)
Schedule 18
Total
Information
Services 1995 1994
326,075 $ 2,034,607 $ 1,942,271
(267,974) (1,611,137) (1,716,958)
59,833
(24,136)
4,275
(84,362)
40,660
(19,861)
(43,702)
425,202
(108,498)
228,519
(32,768)
(63,563) (32,768)
(36,393)
16,131
361,639
195,751
83,530
109,977
1,053,744
857,993
$ 47,137 $
126,108 $
1,415,383 $
1,053,744
F -100
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Reconciliation of operating income (loss)
to net cash provided by operating Risk
activities Management
Operating income (loss)
Adjustments to reconcile operating
income (loss) to net cash provided by
operating activities
Depreciation expense
(Increase) decrease in accounts receivable
(Increase) decrease in deposits receivable
(Increase) decrease in inventory
Increase (decrease) in accounts payable
Increase (decrease) in accrued compensated absences
Increase (decrease) in claims payable
Net cash provided by (used for)
operating activities
F -101
174,115 $
0
0
0
0
(16,077)
(7,051)
0
Worker's
Compensation
Reserve
273,752
0
24,850
(39,693)
0
0
0
(27,995)
$ 150,987 $ 230,914
Schedule 18
Page 2
Total
Central Information
Garage Services 1995 1994
$ (9,255) $ (86,230) $ 352,382 $ 322,724
5,670
148,954
154,624
71,110
0
0
24,850
(11,850)
0
0
(39,693)
0
10,646
0
10,646
0
(20,320)
(5,352)
(41,749)
(158,449)
(3,273)
2,461
(7,863)
4,984
0
0
(27,995)
0
$ (16,532) $
59,833 $
425,202 $
228,519
F -102
City of Salina, Kansas
'3chedule 19
RISK MANAGEMENT RESERVE INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Charges for services
Expenditures
General government
Personal services
Supplies
Contractual
Other services and charges
Capital outlay
Cash reserve
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
1995
Variance
Favorable
Actual Budget (Unfavorable)
$ 512,338 $ 512,338 $ 0
49,120
58,577
9,457
2,887
1,900
(987)
288,692
428,000
139,308
4,575
4,800
225
0
1,500
1,500
0
208,941
208,941
345,274
703,718
358,444
167,064
(191,380)
358,444
260,581
191,380
69,201
$ 427,645 $
0 $
427,645
F -103
City of Salina, Kansas
Schedule 19
Page 2
WORKMEN'S COMPENSATION RESERVE INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Charges for services
Reimbursements
Total revenues
Expenditures
General government
Contractual
Cash reserve
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
1995
Variance
Favorable
Actual Budget (Unfavorable)
$ 514,536 $ 514,536 $ 0
516,163 514,536 1,627
264,091 424,000 159,909
0 774,760 774,760
252,072 (684,224) 936,296
355,948 684,224 (328,276)
$ 608,020 $ 0 $ 608,020
F -104
City of Salina, Kansas
Schedule 19
1'a_e 3
CENTRAL GARAGE DIVISION INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
Revenues
Charges for services
Reimbursements
Total revenues
Expenditures
General government
Personal services
Supplies
Other services and charges
Administrative expenses
Capital outlay
Cash reserve
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
Unreserved fund balances,
January 1
Unreserved fund balances,
December 31
Actual
$ 691,094 $
694,874
178,463
495,399
12,864
6,500
19,861
713,087
(18,213)
1995
Variance
Favorable
Budget (Unfavorable)
823,802 $ (132,708)
0 3,780
823,802 (128,928)
188,602
10,139
592,250
96,851
20,900
8,036
6,500
0
2,500
(17,361)
866,752 153,665
(42,950) 24,737
42,950 (13,781)
$ 10,956 $ 0 $ 10,956
[011117
City of Salina, Kansas
Schedule 19
Page 4
INFORMATION SERVICES INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 1995
F -106
1995
Variance
Favorable
Actual
Budget
(Unfavorable)
Revenues
Charges for services
$ 206,075 $
326,995
$ (120,920)
Reimbursements
120,000
0
120,000
Total revenues
326,075
326,995
(920)
Expenditures
General government
Personal services
189,005
195,278
6,273
Supplies
10,388
8,000
(2,388)
Contractual
0
19,100
19,100
Other services and charges
54,068
42,000
(12,068)
Administrative expenses
2,900
2,900
0
Capital outlay
49,964
53,000
3,036
Cash reserve
0
74,832
74,832
Total expenditures
306,325
395,110
88,785
Excess (deficiency) of revenues
over (under) expenditures
19,750
(68,115)
87,865
Other financing sources
Sale of assets
1,732
0
1,732
Excess (deficiency) of revenues and other
sources over (under) expenditures
21,482
(68,115)
89,597
Unreserved fund balances,
January 1
100,571
68,115
32,456
Unreserved fund balances,
December 31
$ 122,053 $
0
$ 122,053
F -106
City of Salina, Kansas
EXPENDABLE TRUST, NON - EXPENDABLE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Expendable
Trust Non - Expendable Trust
F -107
War Memorial
Maintenance
Citizenship
Cemetary
Mausoleum
ASSETS
Fund
Trust
Endowment
Endowment
Cash and investments
$
32,572
$ 15,241
$
146,343
$
19,821
Receivables
Interest
0
146
0
0
Total assets
$
32,572
$ 15,387
$
146,343
$
19,821
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
$
0
$ 0
$
0
$
0
Deferred compensation
benefits payable
0
0
0
0
Total liabilities
0
0
0
0
Fund balances
Unreserved
Undesignated
32,572
15,387
146,343
19,821
Total liabilities and
fund balances
$
32,572
$ 15,387
$
146,343
$
19,821
F -107
Non - Expendable
Trust
Special
Tricentennial Assessment
Schedule 20
Agency
Fire
Insurance PEGS Payroll
Proceeds Access Clearing
14,471 $ 0 $ 235,891
0 J, 1 IV .p L.L. 1,30 / ID I -t,Y / 1 .p
$ 0 $
221,387 $
14,471 $
0 $
235,891
0
0
0
0
0
0
221,387
14,471
0
235,891
3,170
0
0
0
0
$ 3,170 $
221,387 $
14,471 $
0 $
235,891
F -108
City of Salina, Kansas
Schedule 20
Page 2
EXPENDABLE TRUST, NON - EXPENDABLE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Agency
Court Employees'
Bond and Deferred
Total
ASSETS
Restitution
Compensation
1995
1994
Cash and investments
$
22,088
$
1,728,230
$
2,439,131
$
2,156,014
Receivables
Interest
0
0
229
184
Total assets
$
22,088
$
1,728,230
$
2,439,360
$
2,156,198
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
$
22,088
$
0
$
493,837
$
535,564
Deferred compensation
benefits payable
0
1,728,230
1,728,230
1,449,286
Total liabilities
22,088
1,728,230
2,222,067
1,984,850
Fund balances
Unreserved
Undesignated
0
0
217,293
171,348
Total liabilities and
fund balances
$
22,088
$
1,728,230
$
2,439,360
$
2,156,198
F -109
City of Salina, Kansas
Schedule 21
WAR MEMORIAL MAINTENANCE EXPENDABLE TRUST FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1995 and 1994
1995 1994
Revenues
Interest $ 862
Miscellaneous
Total revenues
Expenses
Parks and recreation
Excess of revenues over expenses
Reserved fund balances, January 1
Reserved fund balances, December 31
F -110
Sjz'boL
290
32,572
U
V
V
City of Salina, Kansas
NON - EXPENDABLE TRUST FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND BALANCES
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Operating revenues
Charges for services
Interest
Total revenues
Operating expenses
Other
Net income
Reserved fund balances, January 1
Reserved fund balances, December 31
F -111
Citizenship Cemetary
$ 0 $ 5,057
745 6,489
745 11,546
745 11,546
$ 15,387 $ 146,343
Schedule 22
18,925
2,984
Total
162,316
Mausoleum
Tricentennial
184,721 $
171,348
Endowment
Commission
1995
1994
$ 0
$ 0 $
5,057 $
3,948
896
186
8,316
5,364
896
186
13,373
9,312
18,925
2,984
171,348
162,316
$ 19,821 $
3,170 $
184,721 $
171,348
F -112
City of Salina, Kansas
NONEXPENDABLE TRUST FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1995
(With comparative totals for the fiscal year ended December 31, 1994)
Cash flows from operating activities
Cash received from customers
Other operating receipts
Net cash provided by operating
activities
Net increase in cash and
cash equivalents
Cash and cash equivalents, January 1
Cash and cash equivalents, December 31
Reconciliation of operating income to net cash
provided by operating activities
Operating income
Adjustments to reconcile operating income to net cash
provided by operating activities
(Increase) decrease in receivables
Net cash provided by
operating activities
F -113
Citizenship Cemetary
$ 0 $ 5,057
725 11,546
$ 15,241 $ 146,343
$ 745 $ 11,546
$ 725 $ 11,546
Schedule 23
Total
Mausoleum Tricentennial
Endowment Commission 1995
1994
$ 0 $
0 $
5,057 $
3,948
896
161
8,271
5,097
896
161
13,328
9,045
896
161
13,328
9,045
18,925
2,926
171,164
162,119
$ 19,821 $
3,087 $
184,492 $
171,164
$ 896 $ 186 $ 13,373 $ 9,032
W W W ✓,✓ W /,v
F -114
City of Salina, Kansas
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1995
Special Assessment Escrow
ASSETS
Cash and investments
LIABILITIES
Payable to others
Fire Insurance Proceeds
ASSETS
Cash and investments
LIABILITIES
Accounts payable
Schedule 24
Balance Balance
January 1, December 31,
1995 Additions Deductions 1995
$ 301,435 $ 15,758 $ 95,806 $ 221,387
$ 301,435 $ 15,758 $ 95,806 $ 221,387
$ 14,019 $ 7,784 $ 7,332 $ 14,471
$ 14,019 $ 7,784 $ 7,332 $ 14,471
F -115
City of Salina, Kansas
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1995
PEGS Access
ASSETS
Cash and investments
LIABILITIES
Accounts payable
Payroll Clearing
ASSETS
Cash and investments
LIABILITIES
Payable to others
Balance
Januaryl,
Schedule 24
Page-2
Balance
December 31,
1995
$ 0 $ 226,657 $ 226,657 1; 0
$ 0 $ 226,657 $ 226,657 9; 0
$ 220,110 $ 17,173,770 $ 17,157,989 1; 235,891
$ 220,110 $ 17,173,770 $ 17,157,989 $ 235,891
F -116
City of Salina, Kansas
Schedule 24
Page 3
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1995
Balance Balance
January 1, December 31,
1995 Additions Deductions 1995
Court Bond and Restitution
ASSETS
Cash and investments $ 27,416 $ 75,217 $ 82,545 $ 20,088
LIABILITIES
Payable to others $ 27,416 $ 75,217 $ 82,545 $ 20,088
Employees' Deferred Compensation
ASSETS
Cash and investments $ 1,449,286 $ 389,206 $ 110,262 $ 1,728,230
LIABILITIES
Deferred compensation
benefits payable
$ 1,449,286 $ 389,206 $ 110,262 $ 1,728,230
F -117
City of Salina, Kansas
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1995
Balance
January 1,
Total - Agency Funds
ASSETS
Cash and investments
LIABILITIES
Accounts payable
Deferred compensation
benefits payable
Payable to others
Total liabilities
Schedule 24
Page 4
Balance
December 31,
$ 2,012,266 $ 17,888,392 $ 17,680,591 S 2,220,067
$ 14,019 $ 7,784 $ 7,332 $ 14,471
1,449,286 389,206 110,262 1,728.230
.p G,V IG,GVV �p 1 /,000,-37/ .p 1 /,V0V,-371 'D, /_/-/-V,VV/
F -118
City of Salina, Kansas
COMPARATIVE SCHEDULE OF GENERAL FIXED ASSETS
BY SOURCE
December 31, 1995 and 1994
General fixed assets
Land
Buildings
Improvements other than
buildings
Machinery and equipment
Total general fixed assets
Investment in general
fixed assets by source
General fund
Special revenue funds
Capital projects funds
Donations
Total investment in
general fixed assets
F -119
1995
Schedule 25
1994
$ 2,589,193 $ 2,501,803
10,759,729 10,478,809
765,910 482,421
8,017,458 7,193,802
$ 22,132,290 $ 20,656,835
$ 21,115,745 $ 20,243,381
342,797 105,594
656,046 290,158
17,702 17,702
$ 22,132,290 $ 20,656,835
City of Salina, Kansas
SCHEDULE OF GENERAL FIXED ASSETS -
BY FUNCTION AND ACTIVITY
December 31, 1995
Function and Activity
General government
Manger
Finance
Personnel
General services
Human relations
Bi- Centennial center
Other
Total general government
Public safety
Police
Municipal court
Fire
Inspection
Total public safety
Highways and streets
Engineering
Maintenance
Planning
Total highways and streets
Culture and recreation
Total general fixed assets
F -120
Land Buildings
0 $ 0
0 0
0 0
19,302 73,103
0 0
0 5,298,330
1,885,649 660,190
1,904,951 6,031,623
600 445,363
0 0
63,302 1,220,623
63,902 1,665,986
0 0
10,470 155,211
10,470 155,211
609,870 2,906,909
$ 2,589,193 $ 10,759,729
Schedule 26
Improvements
1,081,234
1,527,197
1,440,741
Other Than
Machinery
Total
Total
Buildings
and Equipment
1995
1994
$ 0
$ 58,275 $
58,275 $
81,920
0
164,614
164,614
137,092
0
9,847
9,847
8,152
94,864
223,944
411,213
395,753
0
14,647
14,647
14,360
85,348
1,661,122
7,044,800
6,923,432
0
0
2,545,839
2,458,449
0
1,081,234
1,527,197
1,440,741
0
32,839
32,839
35,295
0
2,388,896
3,672,821
3,215,849
0
37,669
37,669
18,825
0
3,540,638
5,270,526
4,710,710
0
67,817
67,817
55,471
150,647
1,143,322
1,459,650
1,426,839
0
67,298
67,298
69,679
150,647
1,278,437
1,594,765
1,551,989
435,051
1,065,934
5,017,764
4,376,978
$ 765,910 $ 8,017,458 $ 22,132,290 $ 20,658,835
F -121
City of Salina, Kansas
SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS -
BY FUNCTION AND ACTIVITY
For the fiscal year ended December 31, 1995
General Fixed
Assets
January 1,
Function and Activity 1995
General government
Manger $
Finance
Personnel
General services
Human relations
Bi- Centennial center
Other
Total general government
Public safety
Police
Municipal court
Fire
Inspection
Total public safety
Highways and streets
Engineering
Maintenance
Planning
Total highways and streets
Culture and recreation
Total general fixed assets
F -122
Additions
81,920 $
13,285
137,092
43,339
8,152
0
395,753
14,145
14,360
287
6,923,432
111,767
10,019,158
1,440,741
35,295
3,215,849
4,710,710
55,471
1,426,839
1,549,989
270,213
184,535
14,785
590,552
815,091
13,905
125,367
139,272
$ 20,656,835 $ 1,897,429
Other
Deletions Changes
$ 10,000 $ (26,930) $
0 (15,817)
0 1,695
157 1,035
0 0
0 9,601
IU,IJ7 (jU,410)
98,080 1
15,546 (1,695)
132,236 4,006
0
0
(5,350)
1,527,197
32,839
3,672,821
261,800
Schedule 27
(536)
General Fixed
Assets
Interfund
December 31,
Transfers
1995
0
$ 58,275
0
164,614
0
9,847
437
411,213
0
14,647
0
7,044,800
0
2,545,839
437
10,249,235
0
0
(5,350)
1,527,197
32,839
3,672,821
261,800
7,061
(536)
5,270,526
1,559
0
0
67,817
87,664
(7,149)
2,257
1,459,650
0
(381)
0
67,298
89,223
(7,530)
2,257
1,594,765
37,251
7,342
(2,158)
5,017,764
$ 398,431 $
(23,543) $
0 $
22,132,290
F -123
SPECIAL REPORTS
234 South Main Y�—
P.O. Box 1020 f VU
Ottawa, Kansas 66067
(913) 242 -3170
Ap1er(,V(5deddert.HARTERE.
Certified Public Accountants
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON SCHEDULE OF FEDERAL
FINANCIAL ASSISTANCE
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas as of and for the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996. These general purpose financial
statements are the responsibility of the City of Salina, Kansas management. Our responsibility is to express an opinion
on these general purpose financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards, Government Avditing Standards,
issued by the Comptroller General of the United States, and the provisions of Office of Management and Budget
Circular A -128, "Audits of State and Local Governments ". Those standards and OMB Circular A -128 require that we
plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are
free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the general purpose financial statements. An audit also includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the overall financial statement presentation. We
believe that our audit provides a reasonable basis for our opinion.
Our audit was conducted for the purpose of forming an opinion on the general purpose financial statements of the City
of Salina, Kansas taken as a whole. The accompanying Schedule of Federal Financial Assistance is presented for
purposes of additional analysis and is not a required part of the general purpose financial statements. The information
in that schedule has been subjected to the auditing procedures applied in the audit of the general purpose financial
statements and, in our opinion, is fairly presented in all material respects in relation to the general purpose financial
statements taken as a whole.
June 28, 1996
F -124
City of Salina, Kansas
SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE
For the fiscal year ended December 31, 1995
Federal Grantor/ Federal Program
Pass Through Grantor / CFDA Grant or Award
Program Title Number Number Amount Revenues
ENVIRONMENTAL PROTECTION AGENCY
Wastewater Treatment Plant * 66.418 C20- 1231 -0 $ 5,700,468 $ 890,500 $
US DEPT OF HOUSING AND URBAN DEVELOPMENT
Kansas Dept of Commerce and Housing
Community Development Block Grant
14.219
93 -CH -216
300,000
Emergency Shelter Grant
14.231
S94 -DC -20 -001
25,145
Emergency Shelter Grant
14.231
S95 -DC -20 -001
25,307
Home Investment Partnership Program
n/a
M94 -SG -20 -0107
200,000
Direct Assistance
Fair Housing Assistance
n/a
FF207K947004
24,500
Total US Dept of Housing and Urban Development
US DEPT OF TRANSPORTATION
Kansas Dept of Transportation
National Highway Traffic Safety Grant
20.600
AL94/96- 94 -01 -0
283,298
National Highway Traffic Safety Grant
20.600
AL94/96- 95 -01 -0
187,022
National Highway Traffic Safety Grant
20.600
AL94/96- 96 -01 -0
201,352
I- 135 /Magnolia Road Interchange
n/a
135 -85K- 4792 -01
2,584,000
Total US Dept of Transportation
INSTITUTE OF MUSEUM SERVICES
General Operating Support Grant n/a IG- 40662 -94
NATIONAL ENDOWMENT FOR THE HUMANITIES
Direct Assistance 45.125 GM- 25456 -95
NATIONAL PARK SERVICE
Kansas Historic Preservation Office
Heritage Conservation Plan n/a 20 -95 -10004 -002
TOTAL FEDERAL FINANCIAL ASSISTANCE
* - Denotes a MAJOR PROGRAM
F -125
44,885
13,880
13,717
0
18,650
91,132
21,210
186,360
0
84,448
292,018
46,509 23,255
21,760 11,629
Schedule 28
461,204
49,699
13,880
13,717
2,441
103,067
0
142,579
45,018
122,133
309,730
23,255
11,629
3,000 1,923 3,000
$ 1,310,457 $ 911,885
234 South Main V�—
P.O. Box 1020 f—vu
Ottawa, Kansas 66067
(913) 242 -3170
AplerOGdeddert.HARTEREID
Certified Public Accountants
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON INTERNAL CONTROL
STRUCTURE BASED ON AN AUDIT OF GENERAL PURPOSE FINANCIAL STATEMENTS
PERFORMED IN ACCORDANCE WITH GOVERNMENTA UDITING STANDARDS
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas as of and 1-or the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996.
We conducted our audit in accordance with generally accepted auditing standards, Government Auditing Standards,
issued by the Comptroller General of the United States, and the provisions of Office of Management and Budget
Circular A -128, "Audits of State and Local Governments ". Those standards and OMB Circular A -128 require that we
plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are
free of material misstatement.
The management of the City of Salina, Kansas, is responsible for establishing and maintaining an internal control
structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected
benefits and related costs of internal control structure policies and procedures. The objectives of an internal control
structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against
loss from unauthorized use or disposition, and that transactions are executed in accordance with management's
authorization and recorded properly to permit the preparation of general purpose financial statements in accordance
with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors
or irregularities may nevertheless occur and not be detected. Also, projection of any evaluation of the structure to
future periods is subject to the risk that procedures may become inadequate because of changes in conditions or that the
effectiveness of the design and operation of policies and procedures may deteriorate.
In planning and performing our audit of the general purpose financial statements of the City of Salina, Kansas, for the
year ended December 31, 1995, we obtained an understanding of the internal control structure. With respect to the
internal control structure, we obtained an understanding of the design of relevant policies and procedures and whether
they have been placed in operation, and we assessed control risk in order to determine our auditing procedures for the
purpose of expressing our opinion on the general purpose financial statements and not to provide an opinion on the
internal control structure. Accordingly, we do not express such an opinion.
We noted certain matters involving the internal control structure and its operation that we consider to be reportable
conditions under standards established by the American Institute of Certified Public Accountants. Reportable
conditions involve matters coming to our attention relating to significant deficiencies in the design cr operation of the
internal control structure that, in our judgment, could adversely affect the entity's ability to record, process, summarize
and report financial data consistent with the assertions of management in the general purpose financial statements.
Interbank transactions - Certain interbank transactions were not handled consistently at December :31, 1995. In both
cases, the receiving account showed the transaction as a deposit in transit, while the disbursing account did not record a
corresponding outstanding check. As a result, the amounts were duplicated on the city's general ledger. The errors
appeared to result from miscommunication between departments. We recommend that bank reconciliations,
particularly at year end, be reviewed to determine that all interbank transactions have been handled consistently.
Purchasing_ policy - The city does not appear to have an adequate, formal purchasing policy. As a result, some
purchases are not handled consistently as to requisition and approval. We recommend that management develop a
purchasing policy that documents requisition and approval processes and bidding procedures for purchases.
F -126
A material weakness is a reportable condition in which the design or operation of one or more of the internal control
structure elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be
material in relation to the general purpose financial statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing their assigned functions.
Our consideration of the internal control structure would not necessarily disclose all matters in the internal control
structure that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions
that are also considered to be material weaknesses as defined above. However, be believe none of the reportable
conditions described above is a material weakness.
We also noted certain matters involving the internal control structure and its operation that we have; reported to the
management of the City of Salina, Kansas in a separate letter dated June 28, 1996.
This report is intended for the information of the City Commission and management, and for filing with the Kansas
Department of Administration, Division of Accounts and Reports and various governmental agencies. However, this
report is a matter of public record and its distribution is not limited.
June 28, 1996
F -127
P234 .O South Main A 1er �Gaeddert CHARTERED Lucille eL. H derl err
P.O. Box 1020
Ottawa, Kansas 66067 Raymond E. Meyer, Jr.
(913) 242 -3170 Certified Public Accountants
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON THE INTERNAL CONTROL
STRUCTURE USED IN ADMINISTERING FEDERAL FINANCIAL ASSISTANCE PROGRAMS
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas as of and for the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996.
We conducted our audit in accordance with generally accepted auditing standards, Government Auditing Standards,
issued by the Comptroller General of the United States, and the provisions of Office of Management and Budget
Circular A -128, "Audits of State and Local Governments ". Those standards and OMB Circular A -128 require that we
plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are
free of material misstatement and about whether the City of Salina, Kansas complied with laws and regulations,
noncompliance with which would be material to a major federal financial assistance program.
In planning and performing our audit for the year ended December 31, 1995, we considered the City's internal control
structure of the City of Salina, Kansas in order to determine our auditing procedures for the purpose: of expressing our
opinion on the City's general purpose financial statements and on the compliance of the City of Salina, Kansas with
requirements applicable to major programs and to report on the internal control structure in accordance with OMB
Circular A -128. This report addresses our consideration of internal control structure policies and procedures relevant to
compliance with requirements applicable to federal financial assistance programs. We have addressed internal control
structure policies and procedures relevant to our audit of the general purpose financial statements in a separate report
dated June 28, 1996.
The management of the City of Salina, Kansas is responsible for establishing and maintaining an internal control
structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected
benefits and related costs of internal control structure policies and procedures. The objectives of an internal control
structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against
loss from unauthorized use or disposition, that transactions are executed in accordance with management's authorization
and recorded properly to permit the preparation of general purpose financial statements in accordance with generally
accepted accounting principles and that federal financial assistance programs are managed in compliance with
applicable laws and regulations. Because of inherent limitations in any internal control structure, errors, irregularities,
or instances of noncompliance may nevertheless occur and not be detected. Also, projection of an), evaluation of the
structure to future periods is subject to the risk that procedures may become inadequate because of changes in
conditions or that the effectiveness of the design and operation of policies and procedures may deteriorate.
For the purpose of this report, we have classified the significant internal control structure policies and procedures used
in administering federal financial assistance programs in the following categories:
Internal Administrative Controls
General Provisions
Political Activity
Davis -Bacon Act
Civil Rights
Cash Management
Reporting Requirements
Allowable Costs
Drug -free Workplace
Administrative Requirements
F -128
Specific Provisions
Types of services allowed
Matching, level of effort
Special reporting
Special tests
Claims for Advances and Reimbursements
Amounts Claimed or Used for Matching
For all of the internal control structure categories listed above, we obtained an understanding of the design of relevant
policies and procedures and determined whether they have been placed in operation, and we assessed control risk.
During the year ended December 31, 1995, City of Salina, Kansas expended 50.6 percent of its total federal financial
assistance under major federal financial assistance programs.
We performed tests of controls, as required by OMB Circular A -128, to evaluate the effectiveness of the design and
operation of internal control structure policies and procedures that we considered relevant to preventing or detecting
material noncompliance with specific requirements, general requirements, and requirements governing claims for
advances and reimbursements and amounts claimed or used for matching that are applicable to the City of Salina,
Kansas's major federal financial assistance programs, which are identified in the accompanying Schedule of Federal
Financial Assistance. Our procedures were less in scope than would be necessary to render an opinion on these internal
control structure policies and procedures. Accordingly, we do not express such an opinion.
Our consideration of the internal control structure policies and procedures used in administering federal financial
assistance would not necessarily disclose all matters in the internal control structure that might be considered material
weaknesses under standards established by the American Institute of Certified Public Accountants. A material
weakness is a reportable condition in which the design or operation of one or more of the internal control structure
elements does not reduce to a relatively low level the risk that noncompliance with laws and regulations that would be
material to a federal financial assistance program may occur and not be detected within a timely period by employees in
the normal course of performing their assigned functions. We noted no matters involving the internal control structure
and is operations that we consider to be material weaknesses as defined above.
This report is intended for the information of the City Commission and management, the Kansas Department of
Administration, Division of Accounts and Reports, and various governmental agencies. However, this report is a
matter of public record and its distribution is not limited.
June 28, 1996
F -129
234 South Main
P.O. Box 1020
Ottawa, Kansas 66067
(913) 242 -3170
Aplen,wGdeddertCHARTERED
Certified Public Accountants
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON COMPLIANCE WITH LAWS
AND REGULATIONS BASED ON AN AUDIT OF GENERAL PURPOSE FINANCIAL STATEMENTS
PERFORMED IN ACCORDANCE WITH GOVERNMENTAUDITING STANDARDS
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas as of and for the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996.
We conducted our audit in accordance with generally accepted auditing standards, Government Auditing Standards,
issued by the Comptroller General of the United States, and the provisions of Office of Management and Budget
Circular A -128, "Audits of State and Local Governments ". Those standards and OMB Circular A -128 require that we
plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are
free of material misstatement.
Compliance with laws, regulations, contracts, and grants applicable to the City of Salina, Kansas is the responsibility of
the City of Salina, Kansas' management. As part of obtaining reasonable assurance about whether the financial
statements are free of material misstatement, we performed tests of the City's compliance with certain provisions of
laws, regulations, contracts, and grants. However, the objective of our audit of the general purpose financial statements
was not to provide an opinion on overall compliance with such provisions. Accordingly, we do not express such an
opinion.
The results of our tests disclosed no instances of noncompliance that are required to be reported under Government
Auditing Standards.
This report is intended for the information of the City Commission and management, the Kansas Department of
Administration, Division of Accounts and Reports and various governmental agencies. However, this report is a
matter of public record and its distribution is not limited.
June 28, 1996
F -130
234 South Main
)a-
RO Box 1020
Ottawa, Kansas 66067
(913) 242 -3170
Aglen,wGdeddert.HARTERED
Certified Public Accountants
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON COMPLIANCE WITH THE
GENERAL REQUIREMENTS APPLICABLE TO FEDERAL FINANCIAL ASSISTANCE PROGRAMS
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas, as of and for the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996.
We have applied procedures to test the City of Salina, Kansas' compliance with the following requirements applicable
to each of its federal financial assistance programs, which are identified in the Schedule of Federal Financial Assistance,
for the year ended December 31, 1995: Political Activity, Davis -Bacon Act, Civil Rights, Cash Management,
Reporting Requirements, Allowable Costs, Drug -free Workplace and Administrative Requirments.
Our procedures were limited to the applicable procedures described in the Office of Management and Budget's
"Compliance Supplement for Single Audits of State and Local Governments ". Our procedures were substantially less
in scope than an audit, the objective of which is the expression of an opinion on the City of Salina, Kansas' compliance
with the requirements listed in the preceding paragraph. Accordingly, we do not express such an opinion.
With respect to the items tested, the results of those procedures disclosed no material instances of noncompliance with
the requirements listed in the second paragraph of this report. With respect to items not tested, nothing came to our
attention that caused us to believe that the City of Salina, Kansas, had not complied, in all material respects, with those
requirements.
This report is intended for the information and use of the City Commission and management, the Kansas Department of
Administration, Division of Accounts and Reports and various governmental agencies. However, this report is a matter
of public record and its distribution is not limited.
June 28, 1996
F -131
234 South Main
P.O. Box 1020
Ottawa, Kansas 66067
(913) 242 -3170
AqlerOGdeddertCHARTERE.
Certified Public Accountants
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON COMPLIANCE WITH
SPECIFIC REQUIREMENTS APPLICABLE TO MAJOR FEDERAL FINANCIAL, ASSISTANCE
PROGRAMS
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas as of and for the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996.
We have also audited the City of Salina, Kansas's compliance with the requirements governing types of services
allowed; matching, level of effort; special reporting; special tests; claims for advances and reimbursements; and
amounts claimed or used for matching that are applicable to each of its major federal financial assistance programs,
which are identified in the accompanying Schedule of Federal Financial Assistance, for the year ended December 31,
1995. The management of the City of Salina, Kansas is responsible for the City of Salina, Kansas's compliance with
those requirements. Our responsibility is to express an opinion on compliance with those requirements based on our
audit.
We conducted our audit of compliance with those requirements in accordance with generally accepted auditing
standards, Government Auditing Standards, issued by the Comptroller General of the United States, and Office of
Management and Budget Circular A -128, "Audits of State and Local Governments." Those standards and OMB
Circular A -128 require that we plan and perform the audit to obtain reasonable assurance about whether material
noncompliance with the requirements referred to above occurred. An audit includes examining, on a test basis,
evidence about the City of Salina, Kansas's compliance with those requirements. We believe that our audit provides a
reasonable basis for our opinion.
In our opinion, the City of Salina, Kansas complied, in all material respects, with the requirements governing types of
services allowed; matching, level of effort; special reporting; special tests; claims for advances and reimbursements;
and amounts claimed or used for matching that are applicable to each of its major federal financial assistance programs
for the year ended December 31, 1995.
This report is intended for the information and use of the City Commission and management, the Kansas Department of
Administration, Division of Accounts and Reports and various governmental agencies. However, this report is a matter
of public record and its distribution is not limited.
June 28, 1996
F -132
234 South Main
)a-
RO Box 1020 1 VU
Ottawa, Kansas 66067
(913) 242 -3170
AE1er(,wGdeddert.HARTERE.
Certified Public Accountants
W. Keith Gaedden
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON COMPLIANCE WITH
SPECIFIC REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL ASSISTANCE
PROGRAM TRANSACTIONS
Honorable Mayor and City Commissioners
City of Salina, Kansas
We have audited the general purpose financial statements of the City of Salina, Kansas, as of and for the year ended
December 31, 1995, and have issued our report thereon dated June 28, 1996.
In connection with our audit of the general purpose financial statements of the City of Salina, Kansas, and with our
consideration of the City of Salina, Kansas' control structure used to administer federal financial assistance programs, as
required by Office of Management and Budget (OMB) Circular A -128, "Audits of State and Local Governments ", we
selected certain transactions applicable to certain nonmajor federal financial assistance programs for the year ended
December 31, 1995.
As required by OMB Circular A -128, we have performed auditing procedures to test compliance with the requirements
governing types of services allowed; matching, level of effort; claims for advancements and reimbursements and
amounts claimed or used for matching that are applicable to those transactions. Our procedures were substantially less
in scope than an audit, the objective of which is the expression of an opinion on the City of Salina, Kansas' compliance
with these requirements. Accordingly, we do not express such an opinion.
With respect to the items tested, the results of those procedures disclosed no material instances of noncompliance with
the requirements listed in the preceding paragraph. With respect to items not tested, nothing came to our attention that
caused us to believe that City of Salina, Kansas, had not complied, in all material respects, with those (requirements.
This report is intended for the information and use of the City Commission and management, the Kansas Department of
Administration, Division of Accounts and Reports and various governmental agencies. However, this report is a matter
of public record and its distribution is not limited.
June 28, 1996
F -133
STATISTICAL SECTION
This page intentionally left blank
Fiscal
Year
1991
1992
1993
1994
1995 (3)
1995 (4)
City of Salina
General Government Expenditures by Functions (1)
Last Four Fiscal Years (2)
General
Community
Health and
Bicentennial
Government
Public Safety
Public Works
Recreation
Cultural
Development
Welfare
Debt Service
Capital Outlay
Center
1,487,342
4,930,155
1,227,758
1,477,226
327,241
369,179
146,615
2,299,444
1,415,043
1,665,892
1,463,391
5,381,008
1,422,210
1,567,104
337,911
339,084
138,733
2,768,149
1,530,150
1,415,537
1,426,997
5,834,653
1,386,714
1,600,093
346,677
175,254
173,122
2,902,019
1,558,158
1,968,806
1,069,325
6,735,353
1,332,977
1,721,024
379,777
441,307
525,026
2,772,819
2,796,288
1,720,509
1,167,329
7,321,192
1,464,980
1,741,066
470,270
194,552
553,614
4,387,971
5,574,082
2,067,114
5,095,357
7,106,760
2,323,002
1,741,066
470,270
286,458
467,772
4,387,971
5,574,082
2,067,114
Other Total
6,362,182 21,708,077
6,337,016 22,700,293
4,547,476 21,919,969
4,533,986 24,028,391
4,690,997 29,633,167
113,315 29,633,167
(1) Includes general, special revenue, and debt service funds.
(2) Prior year expenditures are not available on a GAAP basis
(3) Some Expenditures reclassified in 1995. This line presents the 1995 expenditures based on the old classification, for comparison purposes.
(4) Reflects the functional classification as presented in the 1995 schedules.
S -1
Table 1
Fiscal
Year
1991
1992
1993
1994
1995
Taxes
13,019,231
13,897,325
15,479,559
16,153,904
17,138,776
City of Salina
General Government Revenues by Source (1)
Charge
Intergovernmental
Servi
2,623,225
2,68
2,756,614
2,41
2,769,828
3,17
3,305,815
3,08
3,365,886
3,67
City of Salina
General Government Revenues by Source (1)
Last Five Fiscal Y
Years (2)
s for S
Special
est Reimbursements Miscellaneous Total
4,636 672,264 455,285 21,128,838
3,734 35,467 890,109 21,589,285
44,853 55,968 771,233 24,211,330
48,655 46,887 786,802 25,820,032
4,838 172,263 717,265 28,022,032
(1) Includes general, special, and debt service funds
(2) Prior Year expenditures are not available on a GAAP basis
S -2
Table 2
(1) Includes general, special, and debt service funds
(2) Prior Year expenditures are not available on a GAAP basis
S -2
Table 2
(1) Includes General, special revenue and Debt Service Funds
(2) Prior Year Expenditures are not available on a GAAP basis
S-3
City of Salina
General Government Tax Revenues by Source (1)
Table 3
Last Five Fiscal Years (2)
Fiscal
Transient
Year
Property Tax
Sales Tax Franchise Tax
Guest Tax
Total
1991
5,296,226
5,916,537 1,509,053
297,415
13,019,231
1992
5,607,496
6,287,513 1,537,171
465,145
13,897,325
1993
5,818,511
7,480,113 1,680,385
500,550
15,479,559
1994
6,065,013
7,769,917 1,756,528
562,446
16,153,904
1995
6,502,855
8,302,428 1,739,323
594,170
17,138,776
(1) Includes General, special revenue and Debt Service Funds
(2) Prior Year Expenditures are not available on a GAAP basis
S-3
City of Salina
Property Tax Levies and Collections
Last 10 Fiscal Years
Percent of Delinquent Ratio of Total
Fiscal Current Tax Current Taxes Tax Total Tax Tax Collections
Year Total Tax Levy Collections Collected Collections Collections to Tax Levy
1986
3,951,529
3,906,226
98.9%
86,049
3,992,275
101.0%
1987
4,116,562
4,005,867
97.3%
95,461
4,101,328
99.6%
1988
4,163,314
4,086,792
98.2%
65,960
4,152,752
99.7%
1989
4,269,464
4,110,719
96.3%
101,102
4,211,821
98.6%
1990
4,693,317
4,394,623
93.6%
104,504
4,499,127
95.9%
1991
4,502,345
4,317,229
95.9%
5,744
4,322,973
96.0%
1992
4,783,117
4,491,134
93.9%
83,939
4,575,073
95.7%
1993
4,882,255
4,696,707
96.2%
194,448
4,891,155
100.2%
1994
4,858,543
4,673,374
96.2%
227,331
4,900,705
100.9%
1995
5,230,834
5,192,453
99.3%
97,615
5,290,068
101.1%
102.0%
100.0%
98.0%
96.0%
94.0%
92.0%
90.0%
88.0%
Percent of Property Taxes Collected
1986 1987 1988 1989 1990 1991 1992 1993 1994 1995
— Percent of Current Taxes Collected — -0— - Ratio of Total Tax Collections to Tax Levy
S-4
Table 4
Fiscal Year
1986
1987
1988
1989
(1) 1990
1991
1992
(2)1993
1994
1995
Real Estate
68,486,970
69,906,890
72,066,960
71,441,070
125, 389, 311
134,834,179
135,267,866
129,632,717
145,239,331
166,462,923
City of Salina
Assessed and Estimated Actual Value of Property
Last Ten Fiscal Years
Assessed Value
Personal Property
30,248,415
31,405,020
31,552,430
35,215,115
13, 454, 685
14,314,162
16,751,713
22,447,713
22,678,728
24,890,665
State Assessed
9,942,497
10,544,260
10, 884,189
10,765,830
11,094,235
11,208,262
11,545,541
12,849,722
14,272,658
12,528,204
Motor Vehicle
26,201,223
27,447,177
28,786,730
30,847,364
35,096,364
34,515,855
35,803,591
37,569,816
41,805,765
42,981,776
Total, Assessed
Value
134,879,105
139,303,347
143,290,309
148,269,379
185,034,595
194,872,458
199,368,711
202,499,968
223,996,482
246,863,568
Estimate Total
Market Value
1,105,009,955
1,105,157,648
1,147,347,527
1,160,411,705
1,026,844,668
1,075,575,019
1,105,026,368
1,175,493,628
1,314,830,748
1,482,502,705
Ratio of Assessed
Value to Estimated
Market Value
12.21
12.60
12.49
12.78
18.02
18.12
18.04
17.23
17.04
16.65
(1) All municipalities in Kansas underwent a complete reappraisal and reclassification of real and personal property as a result of legislative action, effective
January 1, 1989. This legislation reappraised property closer to its estimated market value and caused certain types of property to be reclassified, reduced or
eliminated from ad valorem taxation.
(2) On November 3, 1992, voters in the State of Kansas approved a proposition to amend the Kansas Constitution regarding property classification and
assessment rates. This amendment established three new property sub - classifications with decreased assessment ratios.
S-5
Table 5
City of Salina
Principal Taxpayers
1995 Valuations
1995 Assessed % of Total
Taxpayer Type of Business Valuation Valuation
Schwan's Sales
Pizza Manufacturing
7,898,662
3.20%
Western Resources
Electric and Gas
5,981,103
2.42%
Southwestern Bell
Telephone Utility
5,162,926
2.C9%
Warmack, Salina Partnership
Retail Shopping Mall
4,724,764
1.91%
Wal -Mart Stores, Inc.
Discount Retail Stores
2,353,531
0.95%
Omaha Hotel Inc
Hotel
1,427,652
0.58%
Dayton Hudson Corp
Target Store
1,217,330
0.49%
Sunset Plaze, Inc
Retail Development
1,034,133
0.42%
Malan Mortgagor, Inc
K -Mart Store
836,336
0.34%
Union Pacific Railroad
Railroad
681,336
2.80%
Combined Valuation of the Ten Largest Taxpayors 31,318,217
Percent of Total City Assessed Valuation 12.69%
S-6
Table 6
City of Salina
Property Tax Rates
Direct and Overlapping Governments
Last Ten Fiscal Years
1986
City of Salina
Saline County
USD 305
Other (1)
Total
Fiscal
(Budget) Year
Operating Debt Service Total City
Millage Millage Millage
Operating Debt Service Total County
Millage Millage Millage
Operating Debt Service Total USD
Millage Millage Millage
Other
1987
1986
28.620
7.740
36.360
20.466
0.534 21.000
77.607
2.441
80.048
5.777
143.185
1987
29.345
7.015
36.360
21 .000
- 21,000
79,779
2.094
81 .873
5.790
145.023
1988
29.513
6.847
36.360
21.000
- 21.000
84.023
4.756
88.779
6.487
152.626
1989
35.007
1.353
36.360
23.460
- 23.460
90.097
5,542
95.639
6.653
162.112
1990
22.643
7.372
30.015
19.074
- 19.074
72.065
4.427
76.492
5.599
131.180
1991
26.357
3.671
30.028
20.122
- 20.122
76.378
3.094
79.472
5.818
135.440
1992
22.764
7.064
29.828
20.464
- 20.464
80.343
3.029
83.372
6.074
139.738
1993
22.114
7.735
29,849
21.718
- 21.718
40.301
3.581
43.882
6.557
102.006
1994
22.910
6.551
29.461
24.562
- 24.562
37.353
3.332
40.685
8,521
103.229
1995
18.555
10.154
28,709
26,571
- 26.571
39.357
3,044
42.401
8.415
106.096
Table 7
(1) The "Other" column includes the State of Kansas, the Salina Airport Authority, and the Salina Public Library.
S-7
City of Salina
Special Assesment Billings and Collections
Last Ten Fiscal Years
1200000
1000000
800000
600000
400000
200000
0
Special Assessment Billings and Collections
rn rn rn rn rn rn rn rn rn rn
Especial Assessment Billings ® Special Assessment Collections
1. Includes prepayments and delinquent collections.
M
Table 8
Special
Ratio of Total Special
Fiscal
Assessment
Special Assessment
Assessments Collections to Total
Year
Billings
Collections
Assessments Levied
1986
767,807
775,477
1.01
1987
1,067,397
768,509
0.72
1988
1,021,973
922,020
0.90
1989
927,768
911,365
0.98
1990
647,655
837,604
1.29
1991
807,452
656,104
0.81
1992
721,334
808,886
1.12
1993
694,497
873,850
1.26
1994
697,015
793,190
1.14
1995
919,364
883,807
0.96
1200000
1000000
800000
600000
400000
200000
0
Special Assessment Billings and Collections
rn rn rn rn rn rn rn rn rn rn
Especial Assessment Billings ® Special Assessment Collections
1. Includes prepayments and delinquent collections.
M
Table 8
City of Salina
Computation of Legal Debt Margin
December 31, 1995
Assesed Valuation
Legal Debt Margin:
Debt Limit: 30% of Assessed Valuation
Debt Applicable to Limitation:
Total Bonded Debt
Less: Revenue Bonds
Special assessment Bonds
Amount Available for repayment
of general obligation bonds
Total Debt Applicable to Limitation
Legal Debt Margin
S-9
246,863,568
74,059,070
51,394,000
35, 845, 000
7,084,000
1,024, 020
7,440,980
66,618,090
Table 9
City of Salina
Ratio of Net General Obligation Bonded Debt
To Assessed Value and Net General Obligation
Bonded Debt Per Capita
Ratio of Net Net Bonded
Fiscal
Population
Assessed Value
Gross Bonded
Less Debt
Net Bonded
Bonded Debt to
Debt Per
Year
(1)
(2)
Debt
Service Fund
Debt
Assessed Value
Capita
1986
41,843
139, 303, 347
4,131, 854
358,428
3,773,426
2.71
90.18
1987
41,843
143,290,309
7,069,345
304,244
6,765,101
4.72
161.68
1988
41,843
143,290,309
6,502,986
351,958
6,151,028
4.29
147.00
1989
41,843
148,269,379
6,323,473
237,897
6,085,576
4.10
145.44
1990
42,303
185,034,595
5,801,642
344,280
5,457,362
2.95
129.01
1991
42,303
194,872,458
8,004,443
304,252
7,700,191
3.95
182.02
1992
42,303
199,368,711
8,795,864
333,505
8,462,359
4.24
200.04
1993
42,303
202,499,968
9,478,791
539,887
8,938,904
4.41
211.31
1994
42,303
223,996,482
7,854,994
797,083
7,057,911
3.15
166.84
1995(l)
44,167
246, 863, 568
8,465,000
1,024,020
7,440,980
3.01
168.47
250.00
200.00
150.00
100.00
50.00
0.00
Per Capita General Obligation Debt
Table 10
1986 1987 1988 1989 1990 1991 1992 1993 1994 1995(1)
1) Population estimates are based on the 1980 and 1990 Census, except 1995 is based on the 7/01/94 Census Bureau Estimate
2) From Table 5
3) Amount does not include special assessment bonds and revenue bonds
4) Amount available for repayment of General Obligation Bonds
S -10
City of Salina
Ratio of Annual Debt Service Expenditures
For General Obligation Bonded Debt (1)
To Total General General Governmental Expenditures
Last ten Fiscal Years
Total General Ratio of Debt Service to
Governmental General Governmental
Fiscal Year
Principal
Interest (2)
Total Debt Service
Expenditiures (3)
Expenditures (3)
1986
842,580
332,785
1,175,365
1987
770,134
302,401
1,072,535
1988
991,258
488,387
1,479,645
1989
972,202
442,575
1,414,777
1990
967,434
431,955
1,399,389
1991
949,898
398,197
1,348,095
21,708,077
6.21%
1992
1,037,112
541,560
1,578,672
22,700,293
6.95%
1993
1,556,156
497,961
2,054,117
21,919,969
9.37%
1994
1,459,185
368,250
1,827,435
24,028,391
7.61%
1995 (4)
1,340,156
338,923
1,679,079
29,633,167
5.67%
Table 11
(1) Prior to 1995: Excludes special assessment debt with government commitment.
(2) Excludes bond issuance and other costs.
(3) Includes general, special revenue, and debt service funds. GAAP basis information not available prior to 1991.
(4) 1995: Total Debt Service is total General debt service less special assess. collected less pledges rec. from Enterprise funds.
S-11
City of Salina
Computation of Direct and Overlapping Bonded Debt
General Obligation Bonds
December 31, 1995
Net General
Obligation
Bonded Debt
Jurrisdiction Outstanding
Direct:
City of Salina 7,440,980
Overlapping:
Salina Airport Authority 2,850,000
USD 305 3,585,000
Total 13,875,980
Percentage Amount
Applicable to City Applicable to the
of Salina City of Salina
100% 7,440,980
100% 2,850,000
91% 3,279,603
Overlapping Debt, City of Salina
13,570,583
S -12
City of Salina
55%
Table 12
City of Salina
Revenue Bond Coverage
Water and Sewer Fund
Last Ten Fiscal Years
(1) Excludes interest income
(2) Excludes Depreciation
S -13
Table 13
Debt Service Requirements
Net Revenue
Fiscal
Gross Revenues
Operating
Available for Debt
Year
W
EVenses(2)
Service
Principal
Interest
Total
Coverage
1986
3,699,736
3,187,223
512,513
310,000
181,843
491,843
1.04
1987
4,094,841
3,211,266
883,575
210,000
208,459
418,459
2.11
1988
5,488,165
3,420,799
2,067,366
300,000
352,119
652,119
3.17
1989
6,300,264
3,759,534
2,540,730
390,000
542,751
932,751
2.72
1990
6,158,140
4,002,486
2,155,654
275,000
519,009
794,009
2.71
1991
6,774,391
4,270,897
2,503,494
220,000
542,944
762,944
3.28
1992
7,131,392
4,371,446
2,759,946
265,000
517,915
782,915
3.53
1993
8,171,545
4,350,228
3,821,317
670,000
1,681,527
2,351,527
1.63
1994
9,402,506
5,266,865
4,135,641
805,000
1,614,122
2,419,122
1.71
1995
9,993,020
5,879,776
4,113,244
880,000
1,588,797
2,468,797
1.67
(1) Excludes interest income
(2) Excludes Depreciation
S -13
OVER,
%
'
/
gggg
j
j
j
11/11,
%
%
j
j
j
%
j
(1) Excludes interest income
(2) Excludes Depreciation
S -13
City of Salina
Property Value, Construction, and Bank Deposits
Last Ten Fiscal Years
Total Property
Value
Fiscal Year (Thousands) Permits Issued
1986
1,105,157
441
1987
1,147,348
470
1988
1,160,412
457
1989
1,037,898
490
1990
1,026,845
497
1991
1,075,575
562
1992
1,105,026
598
1993
1,175,494
628
1994
1,314,831
694
1995
1,482,502
759
Estimated Value of
Bank Deposits
Permits Issued
(1) (Thousands)
34,679,250
352,155
17,391,757
360,908
15,426,410
346,971
18,851,000
372,626
36,469,096
443,020
22,665,785
484,783
25,283,947
500,297
36,411,632
589,067
38,667,261
NA
34,156,955
NA
Table 14
(1) Kansas Statistical Abstract
S -14
Fiscal Year Population (1)
1986
41,843
1987
41,843
1988
41,843
1989
41,843
1990
42,303
191
42,303
1992
42,303
1993
42,303
1994
42,303
1995
44,167
City of Salina
Demographic Analysis
Last 10 Fiscal Years
Per Capita Income
(2) Median Age (3)
14,515
31.8
15,166
32.0
16,398
32.2
17,509
32.6
19,002
33.1
19,313
32.4
20,373
32.7
20,753
33.3
21,564
33.7
22,596
34.2
School Enrolllment Unemployment
(4) Rate (5)
7,024
6.5
7,008
5.8
7,054
5.4
7,115
4.4
7,333
4.1
7,489
4.2
7,687
3.8
7,661
4.6
7,243
4.6
7,229
4.4
Table 15
Data Sources:
1) Population estimates are based on the 1980 and 1990 Census, except 1995 is based on the 7/01/94 Census Bureau Est.
(2) U.S. Bureau of Economic Analysis
(3) Wood and Poole Economics, Inc.
(4) U.S. D. 305
(5) Kansas Department of Human Resources
S -15