Audit - 1971
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
REPORT ON EXAMINATION
December 31, 1971
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WOODS & DlTRHllM
Certified Public Accountants
Salina, Kansas
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Schedule 1
Schedule 2
Schedule 3
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Schedule 4
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
INDEX
Accountant's Report. . . . . . . . . . . . . .
Receipts, Expenditures and Fund Balance.
Investments..................
Comparison of Depository Security with
Balances on Deposit. . . . . . . . . . . . .
Treasurer's Fidelity Bond. . . . . . . . . . .
Page
Number
1
2
3
4
5
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WOODS
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605 W. NORTH STREET
P. O. BOX 1324
TE:"'EPHONE - AREA 913, TAiLQPS-S494
SALINA, KANSAS, 67401
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August 10, 1972
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Board of Directors
Salina Firemen's Relief Association
Salina, Kansas 67401
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Gentlemen:
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We have examined the financial records of the Salina Firemen's
Relief Association, Salina, Kansas, for the year ended December
31, 1971. Our examination v¡as performed in accordance with the
applicable provisions of the Minimum Standard Audit Program for
Municipalities of the State of Kansas, and accordingly included
such tests of the accounting records and such other auditing
procedures as we considered necessary in the circumstances.
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In our opinion, the accompanying schedules present fairly the
cash position of the Salina Firemen's Relief Association, Salina,
Kansas, at December 31, 1971, and the cash transactions for the
year then ended. , /WI. J /1 /.
tv' ~ :/ IT Þ/a1~/
WOODS & DURHAM
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J ;:(~ ~~~
CerF~£ied Public Accountant
in ~arge of and actively
engaged on this audit
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
RECEIPTS, EXPENDITURES AND FUND BALANCE
January 1, to December 31, 1971
FUND BALANCE, January 1, 1971
RECEIPTS
Kansas.Commissioner of Insurance
Insurance premium refunds
Firemen's Benefit Fund
Interest
EXPENDITURES
Medical and other payments to injured
firemen
Life and disability insurance premiwns
Blue Cross - Blue Shield
Audit
Treasurer's bond
Refund to Firemen's Benefit Fund of
1970 overpayment
FUND BALANCE, December 31, 1971
Represented by:
Cash on deposit in The First National Bank
& Trust Company, Salina, Kansas, December
31, 1971
Checking account
Savings account
Certificates of deposit
$ 16,014.28
131. 46
748.39
6,35l~. 20
195.00
5,116.64
15,344.21
200.00
25.00
51.35
$ 10,372.57
15,628.56
100,000.00
$126.001.13
Schedule 1
$123,685.00
23,248.33
$146,933.33
20,932.20
$11.h.001.13
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SAJ,INA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
Certificates of Deposit
The First National Bank & Trust
Company, Salina, Kansas
INVESTMENTS
December 31, 1971
Serial
Number
Date of
Issue
5215
6118
4- 1-70
12-15- 70
Date of
Maturity
4- 1- 72
12-15- 72
Schedule 2
Rate
Amount
5 3/4% $ 80,000.00
5 3/4% 20,000.00
$-~..9°. 000.00
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
COMPARISON OF DEPOSITORY SECURITY WITH BALANCES ON DEPOSIT
December 31,1971 -
Schedule 3
F.D.I.C. coverage
Security pledged by bank
$ 20,000.00
130,000.00
$150.000.0Q
Total depository security
Cash balance per Schedule 1
Ad;! - Outstanding checks
$126,001.13
5.00
Total balance per bank
$126.006.13
4.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
TREASURER'S FIDELITY BOND
December 31, 1971
Schedule 4
Treasurer, Salina Firemen's
Relief Association
Date Date of
Effective Expiration Amount
9-10-.71 9-10- 72 $.10,000.00
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