Audit - 1997
CITY OF SALINA, .KANSAS
COMPREHENSIVE ANNUAL
FINANCIAL REPORT
For the fiscal year ended
December 31, 1997
Prepared by:
Department of Finance and Administration
Rodney Franz
Director of Finance
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CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the fiscal year ended December 31. 1997
TABLEOFCONTENTS-CONT~D
INTRODUCTORY SECTION
Letter of Transmittal
Organizational Chart
List of Principal Officials
FINANCIAL SECTION
Report of Independent Certified Public Accountants
General Purpose Financial Statements
Combined Balance Sheet - All Fund Types, Account Groups
and Discretely Presented Component Units
Combined Statement of Revenues, Expenditures and Changes
in Fund Balances - All Governmental Fund Types,
Expendable Trust Funds and Discretely Presented
Component Units
Combined Statement of Revenues, Expenditures and Changes
in Fund Balances - Actual and Budget - General, Special
Revenue and Debt Service Funds
Combined Statement of Revenues, Expenses and Changes in
Retained EamingslFund Balances - All Proprietary Fund Types,
Similar Trust Funds and Discretely Presented Component Units
Combined Statement of Cash Flows - All Proprietary Fund Types,
Similar Trust Funds and Discretely Presented Component Units
Notes To Financial Statements
Combining, Individual Fund and Account Group Statements and Schedules
General Fund
Comparative Balance Sheets - General Fund
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - General Fund
Schedules of Revenues, Expenditures and Changes in
Fund Balances - Actual and Budget - General Fund
Statement
Schedule
Page
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xiii
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CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the fiscal year ended December 31, 1997
TABLEOFCONTENTS-CONT~D
Schedule Page
Special Revenue Funds 53
Combining Balance Sheet - Special Revenue Funds
4
Combining Statement of Revenues, Expenditures and Changes
in Fund Balances - Special Revenue Funds
5
Schedules of Revenues, Expenditures and Changes in Fund
Balances - Actual and Budget - Special Revenue Funds
6
Debt Service Fund
Comparative Balance Sheets - Debt Service Fund
7
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - Debt Service Fund
Schedules of Revenues, Expenditures and Changes in Fund
Balances - Actual and Budget - Debt Service Fund
Capital Projects Fund
Comparative Balance Sheets - Capital Projects Fund
10
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - Capital Projects Fund
11
Enterprise Funds
Combining Balance Sheet - Enterprise Funds
12
Combining Statement of Revenues, Expenses and Changes
in Retained Earnings - Enterprise Funds
13
Combining Statement of Cash Flows - Enterprise Funds
14
Schedules of Revenues, Expenditures and Changes in Fund
Balances - Actual and Budget - Enterprise Funds
15
Internal Service Funds
Combining Balance Sheet - Internal Service Funds
Combining Statement Of Revenues, Expenses And Changes
In Retained Earnings - Internal Service Funds
Combining Statement Of Cash Flows - Internal Service Funds
Schedules Of Revenues, Expenditures And Changes In Fund
Balances - Actual And Budget - Internal Service Funds
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65
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CITY OF SALINA, KANSAS
FINANCIAL STATEMENTS
For the fiscal year ended December 31, 1997
TABLE OF CONTENTS-CONTINUED
Schedule Page
Trust and Agency Funds 107
Combining Balance Sheet- Expendable Trust, Nonexpendable
Trust and Agency Funds
20
108
Comparative Statements of Revenues, Expenditures and Changes
in Fund Balances - Expendable Trust Fund
21
111
Combining Statement of Revenues, Expenses and Changes in
Fund Balances - Nonexpendable Trust Funds
22
112
Combining Statement of Cash Flows - Nonexpendable Trust Funds
23
114
Combining Statement of Changes in Assets and Liabilities -
Agency Funds
24
116
General Fixed Assets
119
Comparative Schedule Of General Fixed Assets By Source
25
120
Schedule Of General Fixed Assets - By Function And Activity
26
121
Schedule Of Changes In General Fixed Assets - By Function
And Activity
27
123
STATISTICAL SECTION
Special Assessments Billings and Collections
Table
1 125
2 126
3 127
4 128
5 129
6 130
7 131
8 132
9 133
General Government Expenditures by Function
General Government Revenues by Source
General Government Tax Revenues by Source
Property Tax Levies and Collections
Assessed and Estimated Actual Value of Property
Principal Taxpayers
Property Tax Rates - Direct and Overlapping Governments
Computation of Legal Debt Margins
Ratio of Net General Obligation Bonded Debt
to Assessed Value and Net General Obligation
Bonded Debt Per Capita
10
134
III
CITY OF SALINA, KANSAS
FINANCIAL STATEMENTS
For the fiscal year ended December 31, 1997
TABLE OF CONTENTS - CONTINUED
Table Page
Ratio of Annual Debt Service Expenditures for General
Obligation Bonded Debt to Total General Governmental
Expenditures
11
Computation of Direct and Overlapping Bonded Debt
12
Revenue Bond Coverage - Water and Sewer Fund
13
Property Value, Construction, and Bank Deposits
Demographic Analysis
SPECIAL REPORTS SECTION
Report of Independent Certified Public Accountants
on Compliance and on Internal Control over Financial
Reporting Based on an Audit of General Purpose
Financial Statements Performed in Accordance with
Government Auditing Standards
iv
135
136
137
14
138
15
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140
INTRODUCTORY SECTION
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CITY MANAGER · DENNIS M. KISSINGER
City,County Building · 300 West Ash Street · P.o. Box 736
Salina, Kansas 67402-0736
TELEPHONE (913) 826,7250 . FAX (913) 826-7244
Salina
I:I:61d
1TIf
-
July 30, 1998
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,
1997, is hereby submitted. Responsibility for both the accuracy of the data and the completeness and firimess 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 Govenunent Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of
Achievement for Excellence in Financial Reporting to the City of Salina for its comprehensive annual financial report
(CAFR) for the fiscal year ended December 31, 1996. The Certificate of Achievement is a prestigious national award
recognizing conformance with the highest standards for preparation of state and local government financial reports.
In order to be awarded a Certificate of Achievement, a govermnent unit must publish an easily readable and efficiently
organized comprehensive annual financial report, whose contents conform to program standards. The CAFR must
satisfy both generally accepted accounting principles and applicable legal requirements.
A Certificate of Achievement is valid for one year only. We believe our current report continues to conform to
Certificate of Achievement program requirements, and we are submitting it to GFOA.
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 pmpose 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, generally presented on a
multi-year basis.
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 govermnent
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 1997, 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 1-70 and South 9th Street commercial corridors. A total of 195 new
business building permits were issued, with a combined value of $24,604,611. According to Kansas State University,
Saline County has the third highest retail pull factor (1.40) in the State. The pull factor measures the degree to which a
county area captures retail trade from outside the county. A pull factor of greater than 1 indicates that a county is
attracting more retail trade from outside the county than it is losing to other counties. It is apparenI from this that Salina
continues to serve as a regional economic hub in 1997.
The activity in the housing industry continued unabated in 1997 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 87 new single-family
homes were started in 1997 with the pace expected to continue at this level or higher through 1998. In 1997, builders
started 3 new subdivision with 71 developable lots to help increase the availability of building lots, following a very
strong 1996 subdivision effort. In addition to single family homes, construction on Chapel Ridge, a 144 unit, $4.87
million apartment complex, was completed.
Several industries in Salina are making major expansions to their facilities.
Eldorado National, the largest North American manufacturer of small commercial buses of the type used in airport or car
rental shuttles, began a two phase expansion of their facilities in 1996. Phase I, consisting of a 22,000 square foot
leased facility was completed in December, 1996. Phase IT, a 4,800 square foot addition to the existing facility was
completed in 1997. The expansion resulted in 18 new jobs and result in about $700,000 in payroll.
Coronado Engineering, began a $1.4 million, 20,700 square foot expansion project. The project, completed in
September, 1997, added 8 jobs and $300,000 to the payroll. Coronado designs and constructs manufacturing systems
used in the production of vinyl plastics.
Salina Vortex, a manufacturer of equipment used in handling dry bulk materials, is expanding their facility by 26,260
square feet. The expansion will create 10 new jobs, and is scheduled for completion in early 1998. Salina Vortex
exports products to every State and to 16 different countries.
A-Plus Galvanizing has selected Salina as the location for the worlds largest hot-dip galvanizing plant. The 156,000
square foot, $9 million facility is scheduled for completion in February, 1999, and will initially employ 70 people.
Major Initiatives
The . City continued its efforts to meet federal envirorunental regulations at its solid waste landfill. The landfill is
constructed in semi-separate disposal areas called "cells", costing $2,000,000 each. During 1997, the City of Salina
requested and received approval from the Kansas Department of Health and Envirorunent for a slight increase in the
height of fill in each cell. This should extend the useful life of the cells from 3 years to 4 years each. This change in
operations will have a significant effect on the financial viability of the Solid Waste disposal operation. The total
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 shortly after.
Construction on a project to improve and widen Schilling Road and construct a major storm water interceptor to protect
key commercial and residential areas of South Salina was completed in 1997. This project was the result of a
cooperative effort of the City of Salina, Saline County, and the State of Kansas. The City's share of the $1,294,000
project was $497,000.
The intersection of 9th Street and Broadway Boulevard (phase I of the South Ninth Street improvement plan) was
reconstructed 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 connection between the central, downtown, western, and southern sections of the
community.
Phase IT of the South Ninth Street improvement plan was initiated in 1997 and is scheduled for completion in late 1998.
This project will remove the existing roadway, and replace it with an concrete mban parkway design, with landscaped
medians and overhead lighting, as well as provide improved traffic signals at several intersections for a cost of
$2,225,000. Phase II covers the area from Otto Street to Magnolia Road. Phases III and N of this long range plan,
scheduled for 2001 and 2002, will extend these improvements to the south City limits. These improvements provided a
vast improvement to traffic flow and safety in the area, as well as improving the aesthetic quality of the neighborhood.
The City completed work on a new interchange at 1-135 and Magnolia Street. Local funding of approximately
$5,000,000 was matched with $2,500,000 in federal funds to improve access to a major retail area of the city, to Kansas
State University - Salina, and to the Airport Industrial Center. This project complements planned improvements to
Centennial Road (a $5,000,000 project scheduled for 1999), which also serves the Airport Industrial Center, and
internal improvements currently in progress at the Center.
VI
The Airport Industrial Center has initiated reconstruction of 6.5 miles of secondary streets. The $4.3 million project
includes reconstruction of the parking lot at the Air tenninal as well as demolition of old air base buildings, and
improvements to water lines. The project, financed by General Obligation Bonds and by a Grant from the Kansas
Department of Commerce and Housing is scheduled for completion in December, 1998.
Water and Wastewater Improvements remain an important component of the Capital Improvements Program, with a
series of wastewater pwnp stations being replaced throughout the City with an improved, lower maintenance design at a
total cost of $2,465,000. In addition, major improvements to the Water treatment plant were initiated in 1997 to
increase treatment capability and efficiency, and to address a groundwater contamination issue in Central Salina. By
1999 this groundwater remediation project will bring the City into full completion of a state compliance agreement,
eliminating any economic impacts related to groundwater issues. Anticipated cost for the plant improvements is
$5,500,000. Approximately $1,800,000 in grant funds will be available from the State of Kansas to assist in
construction. The balance of the cost is financed by a 20 year low interest loan from the State of Kansas.
Solid Waste disposal remains a challenge for Salina. The community remains committed to recycling and resource
conservation, with several initiatives that began in 1997, including a trial yard waste recycling and composting program
in addition to continuing the mulching mower rebate program. These initiatives will reduce the volume of waste to be
disposed in the landfill, but will also reduce the revenue stream. Provision of expanded recycling and resource recovery
services will also increase the cost of refuse collection services.
The Salina Public Library completed an expansion project designed to increase the space and services available to
library patrons, particularly in children's services at a cost of $1,900,000. While the bulk of the project is financed with
current Library Board resources, the City of Salina has provided debt financing in the amount of $210,000.
The City's Capital Improvement Plan for 1998-2002 itemizes projects totaling $ 52,873.500. 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.
Budgetary basis fund balances related to tax supported funds went from $7,666,038 at the end of1996 to $5,315,436 at
the end of 1997. This balance represents 23 % of the expenses for those funds, and is consistent with the City's financial
goal of maintaining those balances at about 20% of expense. Revenues to these funds were stable, while expenditures
grew by about II%. A significant part of this growth was for cash capital improvements, which grew by $1,011,058.
The City also established the rates needed to fund enterprise fund activities. Water rates were increased by 2.8% on
January 1,1997 while Sewer rates were increased by 2.8% on July 1, 1997. Refuse collection fees were increased by
3.8% on 1/1/97. Tipping fees for the landfill were increased from $20 per ton to $28 per ton in 1997. It is anticipated
that these fees will be sufficient to provide stable, continuing funding for the Solid Waste disposal operation To date,
the City has shown the willingness to set fees at levels which will cover operating, capital, debt service and postc1osure
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.
Budgetary Controls. In addition, the City maintains budgetary controls. The objective of these budgetary controls is to
vii
ensure compliance with legal provisions embodied in the annual appropriated budget approved by the City Connnission
Activities of all funds are included in the annual appropriated budget. The legal level ofbudgetaIy control is maintained
at the Fund level, in accordance with State Statutes. However, management control is maintained at the department
level. The City uses an encumbrance accounting system, in which estimated purchase amounts are recorded prior to the
release of purchase orders to vendors. Open encumbrances are reported as reservations of fund balance at December
31, 1997 in the general fund and the special revenue funds. 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 budgetaIy basis fund balances in the city's tax supported fimds for 1994,
1995, 1996, and 1997.
Fund 1994 1995 1996 1997
General $4,313,622 $4,243,971 $4,512,205 $3,508,943
Employee Benefits 810,223 1,199,369 1,595,601 451,777
Utility 236,111 348,790 409,667 391,589
Special Liability 52,139 78,470 96,026 95,368
Bond and Interest 797,083 1,024,020 1,052,539 867,759
Fund Balance $6,209,178 $6,894,620 $7,666,038 $5,315,436
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
Operating expenditures
tax supported funds $19,243,378 19,298,921 $20,203,037 $22,459,055
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
Fund balance as percent of
operating expenditures 32.3% 35.7% 37.9% 23.7%
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The following table presents a sunnnary of General Fund, Special Revenue Funds and Debt Service Fund GAAP basis
revenues for the years ended December31, 1996 and 1997.
Revenue
1995-1996
Change
858,853
(145,452)
36,268
7,055
(318,494)
(64,372)
(394,324)
(20,466)
Taxes
Intergovernmental
Charges for Services
Fines
Interest
Special Assessments
Other
Total Revenues
1997
$18,416,347
3,197,436
3,197,039
977,288
589,921
1,127,400
586,251
$28,091,682
1997 %
of Total
65.6
11.4
11.4
3.5
2.1
4.0
2.0
100.0
1996 1996 % of Total
$17,557,494 62.5
3,342,888 11.9
3,160,771 11.2
970,233 3.5
908,415 3.2
1,191,772 4.2
980,575 3.5
$28,112,148 100.0
Total revenues were relatively stable. Taxes increased, due to a resunled growth rate in sales taxes, and in increased
property taxes. Intergovernmental revenues decreased, mostly in the area of Conmmnity Development grants. Interest
revenues to the General, Special Revenue, and debt service funds decreased significantly, however, tlris is due, in part, to
a change in the way those earnings were allocated. Interest income to the Internal Service and Enterprise fimds
increased. Total interest earnings for all funds decreased by $199,908. This was due to changing rates in the money
markets. The reduction in "Other" revenues is due to receiving a refund from the health insurance carrier in 1996 that
was not received in 1997.
Vlll
The following table presents a sunnnary of General Fund, Special Revenue Funds and Debt Service Fund GAAP basis
expenditures for the years ended December 31, 1996 and 1997.
ExPenditure 1996 - 1997 1997 1997 % of 1996 1996 % of Total
Change Total
General Government 320,678 $5,721,204 19.0 $5,400,526 19.6
Public Safety 630,795 8,123,762 27.0 7,492,967 27.2
Public Works (73,441) 2,557,584 8.5 2,631,025 9.6
Recreation 75,338 1,948,225 6.5 1,872,887 6.8
Cultural 53,518 522,763 1.7 469,901 1.7
Community Development (227,198) 246,047 .8 473,245 1.7
Health & Welfare 16,695 491,299 1.6 474,604 1.7
Bicentennial Center (86,719) 1,681,770 5.6 1,768,489 6.4
Debt Service 1,375,270 4,042,308 13.5 2,667,038 9.7
Capital Outlay 264,938 4,525,977 15.1 4,261,039 15.5
Other 146,803 176,364 .6 29,561 .1
Total Expenditures 2,496,021 $30,037,303 100.0 $27,541,282 100.0
---------- ---------- ----------
---------- ---------- ----------
Increases in General Government were largely attributable to increases in Employee Benefits, especially Health
Insurance; and in contingency expenditures in the General Fund. Public Safety expenditures increased primarily due to
inflationary pressures and capital acquisition costs. Debt Service shows the largest increase, which is due to application
of cash to the reduce the balances due on the debt outstanding for the construction of the Magnolia Interchange.
The amount expended for Capital Outlay from operating fund cash increased by $264,938. 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.
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:
1996 - 1997 1997 1996
Change
Charges for Services:
Water and Sewer 994,154 $11,370,161 $10,376,007
Sanitation 96,660 $1,222,203 $1,125,543
Solid Waste 524,614 $2,490,052 $1,965,438
Golf Course 106,031 $782,162 $676,131
Water Account billings 1,853 224,473 222,620
Water Metered (billion gallons) (.042) 2.026 2.068
Wastewater Treated (billion gallons) (.30) 1. 723 1.753
Solid Waste Tonnage at landfill (9,100) 84,233 93,333
Number of Vehides at Landfill (1,591) 21,984 23,575
Golf Rounds 2,528 44,619 42,091
Sanitation Customers 149 12,921 12,772
Water and Sewer rates were both changed in 1997, with Water being increased by 2.8% on 1/1/97 and Sewer Rates
ix
increased by 2.8% on 7/1/97. Sanitation rates were increased by 8% on 1/1/97.
Water and sewer revenues increased by $940,569 (9.0%) in 1997 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. Interest revenues allocable to the
Water and sewer Fund increased by $31,890.
Total revenues to the Golf Fund increased by about $127,000. Approximately $87,000 of this was in charges for
services, which reflects both a rate adjustment and an increase in rounds played. The remainder of the revenue increase
was due largely to pro shop and food and beverage sales.
The City continued the process of updating the solid waste facility to meet subtitle D Federal regulations. Rates were
increased to $28/ton in 1997 Disposal fees are scheduled to increase to $29/ton in 1998, with future rate increases
anticipated, although on a scale consistent with inflationary trends. Solid Waste service charges did increase by
$605,557. This fund now shows a healthy net income, and adequate resources to service the debt on new cells as they
are constructed. Solid Waste tormage did show a decrease due to the loss of several of the Counties that were
contracting for services.
Sanitation charges increased by $100,827, or 8.9%, however, this fund still shows a net loss on operations. This is due
largely to the rapid growth in solid waste disposal charges allocated to the fund.
In February, 1997, the City implemented a partial self funded health insurance program for employees, replacing the
conventional insurance plan that had provided this benefit Individual stop loss coverage is purchased with an
attachment point of $50,000. The aggregate stop loss coverage is set at a about $1,950,000. Dental coverage is
provided. The dental portion of the plan is fully self insured and not subject to stop loss protection, however, total
benefits are limited to $1,500 per year per person. After 11 months of operation, the plan had assessed $2,357,382 in
premiums, and had incurred a total of $2,309,082 in claims and expenses, including an allowance for those claims
incurred but not yet reported.
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 1997, fund equity was $1,511,404, meeting this goal, compared to fund
equity of $1,129,611 in 1996. 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 1997. The total amount of revenue bonds outstanding at December 31,
1997 was $33,875,000. There is a reserved investment of$1O,761,870 pledged to retire the bonds refunded in the 1994
crossover refunding. The resulting net obligation against the Water/Sewer Utility's revenue stream is $ 23,113,130.
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 general policy for General Obligation bonds is to issue them for no more than 10 years. The City issued
$1,650,000 of internal improvement bonds during 1997. Total bonds outstanding at December 31, 1997 was
$10,490,000 with final maturity scheduled for August 1, 2007. Based upon December 31, 1997 General Obligation
bonds outstanding, per capita debt is $207.04. The City is well below its maximum debt limit with $62,911,279 in
authority remaining.
Internal Improvement temporary notes in the amount of $8,770,000 were issued in 1997. Of this amount, $3,500,000
was a refinancing of the $5,050,000 note issued for the construction of the Magnolia Interchange. The reduction in the
amount was due to application of cash resources from the Debt service fund. These notes will be retired in March, 1998
with the issue of General Obligation Bonds and by applying resources accunlulated in the Debt Service Fund. The
remaining notes were for Street and Subdivision developments (to be retired with Special assessments), and a small
($310,000) note for the Library expansion (for which Library resources have been pledged).
x
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Salina,
Kansas
For . its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
December 31, 1996
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting.
~ ~;deM
Y'Ih/k
Executive Director
Cash Manal!ement
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, 1997, investments under the City's direct control were as follows:
Investment
Amount
Percentage
Municipal Investment Pool
U.S. Government
Bond Escrow-US Treasury Bills
$ 13,176
25,738,865
10,761,870
70.4%
29.6%
Total
36,513,911,
200
100.00%
The investments in the Bond Escrow are restricted to specific purposes and are not available for Government operations.
Indeuendent 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.
Acknowledl!lllents
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 accmnulating information for audit. Finally, preparation of this report would
not have been possible without the support of the City Commission.
Sincerely,
/~~ k>:/ _ 'j
Dennis M. Kissin~
City Manager
fZtv
ce&Qon
xi
City of Salina, Kansas
List of Principal Officials
City Commission
Peter F. Brungardt, Mayor
Kristin M. Seaton, Commissioner
Alan Jilka, Commissioner
Monte Shadwick, Commissioner
Don Heath, Commissioner
C itv Staff
Dennis M. Kissinger. City Manager
Michael Morgan, Deputy City Manager
Rodney Franz, Director of Finance and Administration
Don Hoff, Director of Utilities
Jim Hill, Chief of Police
Tom Girard, Fire Chief
Shawn O'Leary, Director of Engineering and General Services
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
Kaye Crawford, Human Relations Director
Greg Bengston, City Attorney
David Larrick, Information Services Director
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Municipal Court
Administration
Fire Suppression
EMS
Codes/Inspection
Public Education
Planning
Permits & Inspection
Community Develop.
Risk Management
Administration
Engineering
Design/Inspection
Traffic
General Services
Streets
Flood Works
Central Garage
Sanitation
Operations
Food & Beverage
Businessrricket Office
CITY COMMISSION
Peter F. Brungardt, Mayor
Don Heath
Alan Jilka
Kristin M Seaton
Monte Shadwich
Museum
Arts Education
Arts Services
River Festival
. Contract Position
. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Municipal Court Judge
Phil Shaffer
Water & Wastewater
Water Treatment & Dist.
Wastewater Collect.rrreat.
Solid Waste
Swimming Pools
Golf Course
Neighborhood Centers
Recreation
Forestry
Cemetery
Building Maintenance
City Attorney
Greg Bengstom *
Patrol
Investigation
911/Communications
Internal Affairs
City Clerk
Accounting
Utility Accounting
Treasurer
Rev. 3/23/98
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FINANCIAL SECTION
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234 South Main
P.O. Box 1020
Ottawa, Kansas 66067
(785) 242-3170
JtJ Agl~Irt~g~~5?~S~!n~sHARTERED
W. Keith Gaedden
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
To the Honorable Mayor
and the Board of the City Commissioners
City of Salina, Kansas
We have audited the accompanying general purpose financial statements of the City of Salina, Kansas as of and for
the year ended December 31, 1997 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; the Kansas Municipal Audit
Guide and Government Auditing Standards, issued by the Comptroller General of the United States. Those
standards 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, 1997, 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 19, 1998 on our
consideration of the City of Salina, Kansas' internal control structure and a report dated June 19, 1998 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 and, in our opinion, is fairly presented in all material respects in relation to the general purpose
financial statements taken as a whole.
The other data included in this report, designated as the "Statistical Section" in the table of contents, has not been
audited by us and, accordingly, we express no opinion on that data.
In charge of and actively engaged in this audit:
Ar oJ xJ~ /~
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City of Salina, Kansas
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 31, 1997
Governmental Fund Types
Special Debt Capital
General Revenue Service Projects
ASSETS AND OTHER DEBITS
ASSETS
Cash and investments $ 5,188,535 $ 2,563,663 $ 867,759 $ 2,826,977
Cash and investments -
non-expendable trusts 0 0 0 0
Cash with fiscal agent 0 0 104,790 0
Receivables (net of allowance
for uncollectibles)
Accounts 360,109 26,883 0 0
Taxes 2,598,707 3,556,341 1,138,685 0
Interest 242,035 0 0 0
Notes 0 175 0 0
Inventory and prepaid supplies 93,676 0 0 0
Due from funds 0 34,348 0 0
Restricted assets
Cash and investments 0 0 0 0
Deferred compensation assets 0 0 0 0
Fixed assets (net of accumulated
depreciation, where applicable) 0 0 0 0
Financing leases 0 0 0 0
Deferred charges 0 0 0 0
OTHER DEBITS
Amount available in debt service
funds 0 0 0 0
Amount to be provided for
retirement of general long-term
debt 0 0 0 0
Total assets and other
debits $ 8,483,062 $ 6,181,410 $ 2,111,234 $ 2,826,977
LIABILITIES, EQUITY
AND OTHER CREDITS
LIABILITIES
Accounts payable $ 333,961 $ 162,294 $ 0 $ 5,142
Retainage payable 48,703 13,890 0 34,862
Due to funds 0 34,348 0 0
Meter deposits payable 0 0 0 0
Health claims payable 0 0 0 0
Matured principal and
interest payable 0 0 104,790 0
The accompanying notes are an integral part of this statement.
2
GENERAL PURPOSE FINANCIAL STATEMENTS
City of Salina, Kansas
Statement 1
Pal!e 2
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 31,1997
Total Total
Primary Component Units Reporting
Government Salina Salina Entity
(Memo ran- Airport Housing (Memoran-
dum Only) Authority Authority dum Only)
ASSETS AND OTHER DEBITS
ASSETS
Cash and investments $ 27,229,119 $ 3,229,898 $ 528,783 $ 30,987,800
Cash and investments -
non-expendable trusts 215,567 0 0 215,567
Cash with fiscal agent 104,790 0 0 104,790
Receivables (net of allowance
for uncollectibles)
Accounts 1,232,301 5,911 83,970 1,322,182
Taxes 7,293,733 0 0 7,293,733
Interest 280,563 0 0 280,563
Notes 175 0 0 175
Inventory and prepaid supplies 597,851 0 0 597,851
Due from funds 34,348 0 0 34,348
Restricted assets
Cash and investments 11,601,880 85,000 67,888 11,754,768
Deferred compensation assets 0 67,775 0 67,775
Fixed assets (net of accumulated
depreciation, where applicable) 76,418,341 18,901,924 6,585,981 101,906,246
Financing leases 0 1,374,152 0 1,374,152
Deferred charges 485,851 72,882 5,212 563,945
OTHER DEBITS
Amount available in debt service
funds 867,759 0 0 867,759
Amount to be provided for
retirement of general long-term
debt 18,178,368 0 0 18,178,368
Total assets and other
debits $ 144,540,646 $ 23,737,542 $ 7,271,834 $ 175,550,022
LIABILITIES, EQUITY
AND OTHER CREDITS
LIABILITIES
Accounts payable $ 1,427,528 $ 149,689 $ 134,421 $ 1,711,638
Retainage payable 143,880 0 0 143,880
Due to funds 34,348 0 0 34,348
Meter deposits payable 81,300 0 0 81,300
Health claims payable 387,881 0 0 387,881
Matured principal and
interest payable 104,790 0 0 104,790
The accompanying notes are an integral part of this statement.
4 cont.
Statement 1
Enterprise
Total
Primary
Government
(Memoran-
dum Only)
Proprietary
Fund Types
Internal
Service
Fiduciary
Fund Types
Trust and
Agency
Account Groups
General General
Fixed Long-
Assets Term Debt
$ 12,593,873 $ 2,674,102 $ 514,210 $ 0 $ 0 $ 27,229,119
0 0 215,567 0 0 215,567
0 0 0 0 0 104,790
777,889 19,132 48,288 0 0 1,232,301
0 0 0 0 0 7,293,733
38,443 0 85 0 0 280,563
0 0 0 0 0 175
453,824 50,351 0 0 0 597,851
0 0 0 0 0 34,348
11,601,880 0 0 0 0 11,601,880
0 0 0 0 0 0
52,350,424 404,871 0 23,663,046 0 76,418,341
0 0 0 0 0 0
485,851 0 0 0 0 485,851
o
o
o
o
867,759
867,759
o
o
o
o
18,178,368
18,178,368
3,148,456 $
778,150 $ 23,663,046 $ 19,046,127 $ 144,540,646
$ 78,302,184 $
$ 317,486 $ 84,700 $ 523,945 $ 0 $ 0 $ 1,427,528
46,425 0 0 0 0 143,880
0 0 0 0 0 34,348
81,300 0 0 0 0 81,300
0 387,881 0 0 0 387,881
0 0 0 0 0 104,790
3
cont.
City of Salina, Kansas
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 3 I, 1997
Governmental Fund Types
Special Debt Capital
General Revenue Service Projects
LIABILITIES - continued
Payable from restricted assets
Accrued interest payable $ 0 $ 0 $ 0 $ 0
Revenue bonds payable - current 0 0 0 0
Deferred interest -financing leases 0 0 0 0
Deferred compensation payable 0 0 0 0
Accrued compensated absences 0 0 0 0
General obligation bonds - current 0 0 0 0
Temporary notes payable 0 0 0 0
General obligation bonds payable 0 0 0 0
Revenue bonds payable 0 0 0 0
Mortgages payable 0 0 0 0
Landfill closure and postclosure 0 0 0 0
Deferred revenue 1,887,093 3,035,183 1,138,685 0
Total liabilities 2,269,757 3,245,715 1,243,475 40,004
EQUITY AND OTHER CREDITS
Investment in general fixed assets 0 0 0 0
Contributed capital 0 0 0 0
Retained Earnings
Reserved for encumbrances 0 0 0 0
Reserved for bond retirement 0 0 0 0
Reserved for postclosure care 0 0 0 0
Unreserved 0 0 0 0
Fund balances
Reserved for encumbrances 1,345,631 243,666 0 1,194,259
Reserved for inventory 93,676 0 0 0
Unreserved
Designated for debt service 0 0 867,759 0
Undesignated (deficit) 4,773,998 2,692,029 0 1,592,714
Total equity and other credits 6,213,305 2,935,695 867,759 2,786,973
Total liabilities, equity and
other credits $ 8,483,062 $ 6,181,410 $ 2,111,234 $ 2,826,977
The accompanying notes are an integral part of this statement.
5
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City of Salina, Kansas
Statement 1
Pal!e 4
COMBINED BALANCE SHEET
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 31, 1997
Total Total
Primary Component Units Reporting
Government Salina Salina Entity
(Memo ran- Airport Housing (Memoran-
dum Only) Authority Authority dum Only)
LIABILITIES - continued
Payable from restricted assets
Accrued interest payable $ 376,434 $ 112,403 $ 0 $ 488,837
Revenue bonds payable - current 1,085,000 50,000 0 1,135,000
Deferred interest-financing leases 0 63,918 0 63,918
Deferred compensation payable 0 67,775 0 67,775
Accrued compensated absences 2,173,469 0 0 2,173,469
General obligation bonds - current 1,800,000 165,000 0 1,965,000
Temporary notes payable 9,470,000 0 0 9,470,000
General obligation bonds payable 8,690,000 4,560,000 0 13,250,000
Revenue bonds payable 32,790,000 555,000 0 33,345,000
Mortgages payable 0 0 681,396 681,396
Landfill closure and postclosure 976,002 0 0 976,002
Deferred revenue 6,060,961 0 8,564 6,069,525
Total liabilities 65,601,593 5,723,785 824,381 72,149,759
EQUITY AND OTHER CREDITS
Investment in general fixed assets 23,663,046 0 0 23,663,046
Contributed capital 9,004,056 9,731,232 6,585,811 25,321,099
Retained Earnings
Reserved for encumbrances 1,446,219 0 0 1,446,219
Reserved for bond retirement 3,501,554 0 0 3,501,554
Reserved for postclosure care 92,520 0 0 92,520
Unreserved 28,173,721 8,282,525 0 36,456,246
Fund balances
Reserved for encumbrances 2,783,556 0 0 2,783,556
Reserved for inventory 93,676 0 0 93,676
Unreserved
Designated for debt service 867,759 0 0 867,759
Undesignated (deficit) 9,312,946 0 (138,358) 9,174,588
Total equity and other credits 78,939,053 18,013,757 6,447,453 103,400,263
Total liabilities, equity and
other credits $ 144,540,646 $ 23,737,542 $ 7,271,834 $ 175,550,022
The accompanying notes are an integral part of this statement.
7
Statement 1
Pal!e 3
Proprietary Proprietary Fiduciary Total
Fund Types Fund Types Fund Types Account Groups Primary
General General Government
Internal Trust and Fixed Long- (Memo ran-
Enterprise Service Agency Assets Term Debt dum Only)
$ 376,434 $ 0 $ 0 $ 0 $ 0 $ 376,434
1,085,000 0 0 0 0 1,085,000
0 0 0 0 0 0
0 0 0 0 0 0
462,921 39,107 0 0 1,671,441 2,173,469
274,516 0 0 0 1,525,484 1,800,000
700,000 0 0 0 8,770,000 9,470,000
1,610,798 0 0 0 7,079,202 8,690,000
32,790,000 0 0 0 0 32,790,000
0 0 0 0 0 0
976,002 0 0 0 0 976,002
0 0 0 0 0 6,060,961
38,720,882 511,688 523,945 0 19,046,127 65,601,593
0 0 0 23,663,046 0 23,663,046
8,479,010 525,046 0 0 0 9,004,056
1,446,219 0 0 0 0 1,446,219
3,501,554 0 0 0 0 3,501,554
92,520 0 0 0 0 92,520
26,061,999 2,111,722 0 0 0 28,173,721
0 0 0 0 0 2,783,556
0 0 0 0 0 93,676
0 0 0 0 0 867,759
0 0 254,205 0 0 9,312,946
39,581,302 2,636,768 254,205 23,663,046 0 78,939,053
$ 78,302,184 $ 3,148,456 $ 778,150 $ 23,663,046 $ 19,046,127 $ 144,540,646
6
cant.
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, 1997
Governmental Fund Types
Special Debt Capital
General Revenue Service Projects
Revenues
Taxes $ 12,409,756 $ 3,404,505 $ 2,602,086 $ 0
Intergovernmental 1,460,386 1,737,050 0 807
Charges for services 1,726,096 1,470,943 0 0
Fines 976,398 890 0 0
Special assessments 0 78,537 1,048,863 0
Use of money and property 422,189 81,337 86,395 70,113
Reimbursements 80,051 31,552 0 122,550
Miscellaneous 401,916 17,139 5,593 0
Total revenues 17,476,792 6,821,953 3,742,937 193,470
Expenditures
Current
General government 2,076,732 3,644,472 0 0
Public safety 8,003,070 120,692 0 0
Public works 1,574,508 983,076 0 0
Parks and recreation 1,947,685 0 0 0
Cultural 522,763 0 0 0
Community development 146,825 99,222 0 0
Health and welfare 403,383 87,916 0 0
Bicentennial Center 0 1,681,770 0 0
Other 176,364 0 0 0
Capital outlay 3,194,666 1,331,311 0 2,299,728
Debt service
Principal 0 0 3,443,464 4,850,000
Interest and other charges 0 0 598,844 180,805
Total expenditures 18,045,996 7,948,459 4,042,308 7,330,533
Excess (deficiency) of revenues
over (under) expenditures (569,204) (1,126,506) (299,371) (7,137,063)
The accompanying notes are an integral part of this statement.
8
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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, 1997
Governmental Fund Types
Special Debt Capital
General Revenue Service Projects
Other financing sources (uses)
Operating transfers in $ 17,000 $ 561,567 $ 0 $ 0
Operating transfers out (329,866) (248,701) 0 0
Bond and temporary note proceeds 0 0 50,000 10,110,000
Sale of assets 29,433 0 0 0
Total other financing sources (uses) (283,433) 312,866 50,000 10,110,000
Excess (deficiency) of revenues and other
sources over (under) expenditures and
other uses (852,637) (813,640) (249,371) 2,972,937
Fund balances (deficit), January 1 6,978,607 3,749,335 1,052,539 (294,038)
Residual equity transfer in 244,234 0 64,591 416,899
Residual equity transfer out (156,899) 0 0 (308,825)
Fund balances (deficit), December 31 $ 6,213,305 $ 2,935,695 $ 867,759 $ 2,786,973
The accompanying notes are an integral part of this statement.
10
Statement 2
Fiduciary Total Component Total
Fund Type Primary Unit Reporting
Government Salina Entity
Expendable (Memo ran- Housing (Memoran-
Trust dum Only) Authority dum Only)
$ 0 $ 18,416,347 $ 0 $ 18,416,347
0 3,198,243 3,129,857 6,328,100
0 3,197,039 157,914 3,354,953
0 977 ,288 0 977 ,288
0 1,127,400 0 1,127,400
2,183 662,217 10,869 673,086
0 234,153 0 234,153
0 424,648 81,536 506,184
2,183 28,237,335 3,380,176 31,617,511
0 5,721,204 0 5,721,204
0 8,123,762 0 8,123,762
0 2,557,584 0 2,557,584
540 1,948,225 0 1,948,225
0 522,763 0 522,763
0 246,047 762,902 1,008,949
0 491,299 0 491,299
0 1,681,770 0 1,681,770
0 176,364 98,587 274,951
0 6,825,705 1,298,665 8,124,370
0 8,293,464 0 8,293,464
0 779,649 46,510 826,159
540 37,367,836 2,206,664 39,574,500
1,643 (9,130,501) 1,173,512 (7,956,989)
9
cont.
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, 1997
Total revenues
General Fund
Variance
Favorable
Actual Budget (Unfavorable)
$ 12,334,247 $ 12,854,106 $ (519,859)
1,460,387 1,220,249 240,138
2,391,029 2,315,675 75,354
0 0 0
588,502 543,202 45,300
381,378 700,000 (318,622)
80,051 51,000 29,051
104,179 150,000 (45,821)
17,339,773 17,834,232 (494,459)
Revenues
Taxes
Intergovernmental
Fines, fees and permits
Special assessments
Charges for services
Use of money and property
Reimbursements
Miscellaneous 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
Excess (deficiency) of revenues over (under)
expenditures
2,060,984 2,115,250 54,266
7,876,133 7,551,011 (325,122)
1,608,530 1,730,964 122,434
1,947,685 1,905,188 (42,497)
522,763 483,521 (39,242)
146,825 194,425 47,600
403,383 403,383 0
0 0 0
176,364 126,532 (49,832)
3,749,489 2,415,187 (1,334,302)
0 0 0
0 0 0
0 4,142,947 4,142,947
18,492,156 21,068,408 2,576,252
(1,152,383) (3,234,176) 2,081,793
17,000 17,000 0
(329,866) (100,000) (229,866)
0 0 0
29,433 15,000 14,433
(283,433) (68,000) (215,433)
Total expenditures
Other financing sources (uses)
Operating transfers in
Operating transfers out
Bond proceeds
Sale of assets
Total other financing sources (uses)
The accompanying notes are an integral part of this statement.
12
Statement 2
Pal!e 2
Fiduciary Total Component Total
Fund Type Primary Unit Reporting
Government Salina Entity
Expendable (Memo ran- Housing (Memo ran-
Trust dum Only) Authority dum Only)
$ 0 $ 578,567 $ 0 $ 578,567
0 (578,567) 0 (578,567)
0 10,160,000 0 10,160,000
0 29,433 0 29,433
0 10,189,433 0 10,189,433
1,643
36,910
o
o
1,058,932
11,523,353
725,724
(465,724)
1,173,512
(1,311,870)
o
o
2,232,444
10,211,483
725,724
(465,724)
$ 38,553 $ 12,842,285 $
(138,358) $ 12,703,927
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, 1997
General Fund
Variance
Favorable
Actual Budget (Unfavorable)
Excess (deficiency) of revenues and other
sources over (under) expenditures and
other uses $ (1,435,816) $ (3,302,176) $ 1,866,360
Unreserved fund balances, January 1 4,512,205 3,302,176 1,210,029
Prior year cancelled encumbrances 345,219 0 345,219
Residual equity transfer in 244,234 0 244,234
Residual equity transfer out (156,899) 0 (156,899)
Unreserved fund balances, December 31 3,508,943 $ 0 $ 3,508,943
Receivables reconciliation 1,313,758
Inventory reconciliation 93,676
Retainage reconciliation (48,703)
Encumbrance reconciliation 1,345,631
Non-budgeted funds 0
Fund balances, December 31 $ 6,213,305
The accompanying notes are an integral part of this statement.
14
Statement 3
Special Revenue Funds Debt Service Funds
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
$ 3,190,880 $ 3,214,707 $ (23,827) $ 2,602,086 $ 2,526,827 $ 75,259
1,727,967 1,654,833 73,134 0 0 0
18,242 179,000 (160,758) 0 0 0
76,570 80,000 (3,430) 1,048,863 963,000 85,863
625,353 698,000 (72,647) 0 0 0
67,262 0 67,262 86,395 59,915 26,480
3,822 0 3,822 0 0 0
8,000 0 8,000 5,593 0 5,593
5,718,096 5,826,540 (108,444) 3,742,937 3,549,742 193,195
4,400,870 4,345,567 (55,303) 0 0 0
208,536 192,761 (15,775) 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
87,916 87,333 (583) 0 0 0
977,133 1,040,993 63,860 0 0 0
0 0 0 0 0 0
1,330,176 1,282,000 (48,176) 0 0 0
0 0 0 3,443,464 2,934,128 (509,336)
0 0 0 598,844 920,514 321,670
0 1,618,862 1,618,862 0 403,776 403,776
7,004,631 8,567,516 1,562,885 4,042,308 4,258,418 216,110
(1,286,535) (2,740,976) 1,454,441 (299,371) (708,676) 409,305
322,086 386,000 (63,914) 0 0 0
(239,086) (308,275) 69,189 0 0 0
0 0 0 50,000 0 50,000
0 0 0 0 0 0
83,000 77,725 5,275 50,000 0 50,000
13
cont.
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, 1997
Fiduciary
Proprietary Fund Types Fund Type
Non-
Internal expendable
Enterprise Service Trust
Operating revenues
Intergovernmental $ 45,091 $ 0 $ 0
Charges for services 14,825,115 4,184,976 7,228
Reimbursements 0 171,400 0
Miscellaneous 36,732 8,052 0
Total operating revenues 14,906,938 4,364,428 7,228
Operating expenses
General government 0 4,136,808 0
Public works 8,953,322 0 0
Recreation 685,819 0 0
Other 0 0 0
Depreciation 2,655,415 156,474 0
Total operating expenses 12,294,556 4,293,282 0
Operating income (loss) 2,612,382 71,146 7,228
Nonoperating revenues (expenses)
Use of money and property 1,424,061 145,379 11,853
Bond issuance costs (45,562) 0 0
Debt service (2,138,855) 0 0
Mill levy 0 0 0
Gain (loss) on disposition of fixed assets (10,559) 0 0
Total nonoperating revenues (expenses) (770,915) 145,379 11,853
Net income (loss) 1,841,467 216,525 19,081
Add depreciation on assets acquired through
Federal contributions 0 0 0
Increase in retained earnings/fund balances 1,841,467 216,525 19,081
Retained earnings/fund balances, January 1 30,217,356 1,895,197 196,571
Restatement (696,531) 0 0
Residual equity transfer out (260,000) 0 0
Retained earnings/fund balances, December 31 $ 31,102,292 $ 2,111,722 $ 215,652
The accompanying notes are an integral part of this statement.
16
Statement 3
Pal!e 2
Special Revenue Funds Debt Service Funds
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
$ (1,203,535) $ (2,663,251) $ 1,459,716 $ (249,371) $ (708,676) $ 459,305
2,980,037 2,671,968 308,069 1,052,539 633,676 418,863
3,086 0 3,086 0 0 0
0 0 0 64,591 75,000 (10,409)
0 0 0 0 0 0
1,779,588 $ 8,717 $ 1,770,871 867,759 $ 0 $ 867,759
548,041 0
0 0
(13,890) 0
243,666 0
378,290 0
$ 2,935,695 $ 867,759
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, 1997
Fiduciary
Proprietary Fund Types Fund Type
Non-
Internal expendable
Enterprise Service Trust
Cash flows from operating activities
Cash received from customers and users $ 14,745,988 $ 3,442,206 $ 7,228
Cash received from quasi-external transactions 0 895,038 0
Cash paid to suppliers and employees (8,829,222) (3,799,297) 0
Cash paid for quasi-external transactions (1,023,633) (32,469) 0
Operating grant receipts 45,091 0 0
Other operating receipts 36,732 8,052 0
Net cash provided by
operating activities 4,974,956 513,530 7,228
Cash flows from capital and related
financing activities
Purchase and construction of fixed assets (2,918,011) (65,137) 0
Proceeds from issuance of debt 260,000 0 0
Principal payments - temporary notes (695,000) 0 0
Principal payments - gen. obligation bonds (248,529) 0 0
Principal payments - revenue bonds (1,015,000) 0 0
Interest paid (2,158,662) 0 0
Proceeds from property tax 0 0 0
Proceeds from the sale of fixed assets 0 0 0
Principal received on financing leases 0 0 0
Interest received on financing leases 0 0 0
Principal received on long-term note 0 0 0
Contributed capital 0 0 0
Net cash used in capital and
related financing activities (6,775,202) (65,137) 0
Cash flows from investing activities
Interest received 1,446,689 145,379 11,768
Cash flows from noncapital financing activities
Transfers to other funds (260,000) 0 0
Net increase (decrease) in cash and
cash equivalents (613,557) 593,772 18,996
Cash and cash equivalents, January 1 24,809,310 2,080,330 196,571
Cash and cash equivalents, December 31 $ 24,195,753 $ 2,674,102 $ 215,567
The accompanying notes are an integral part of this statement.
18
Statement 4
Total Component Total
Primary Unit Reporting
Government Salina Entity
(Memorandum Airport (Memorandum
Only) Authority Only)
$ 45,091 $ 0 $ 45,091
19,017,319 1,269,240 20,286,559
171,400 0 171,400
44,784 29,393 74,177
19,278,594 1,298,633 20,577,227
4,136,808 0 4,136,808
8,953,322 0 8,953,322
685,819 0 685,819
0 936,136 936,136
2,811,889 825,528 3,637,417
16,587,838 1,761,664 18,349,502
2,690,756 (463,031) 2,227,725
1,581,293 233,802 1,815,095
(45,562) 0 (45,562)
(2,138,855) (257,601) (2,396,456)
0 338,058 338,058
(10,559) 69,663 59,104
(613,683) 383,922 (229,761)
2,077,073 (79,109) 1,997,964
0 549,667 549,667
2,077,073 470,558 2,547,631
32,309,124 7,811,967 40,121,091
0 0 0
(260,000) 0 (260,000)
$ 34,126,197 $ 8,282,525 $ 42,408,722
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, 1997
Fiduciary
Proprietary Fund Types Fund Type
Non-
Internal expendable
Enterprise Service Trust
Cash and investments $ 12,593,873 $ 2,674,102 $ 215,567
Restricted cash and investments 11,601,880 0 0
Total cash and cash equivalents $ 24,195,753 $ 2,674,102 $ 215,567
Reconciliation of operating income (loss)
to net cash provided by operating
activities
Operating income (loss)
$ 2,612,382 $
71,146 $
7,228
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 prepaid expenses
Increase (decrease) in accounts payable
Increase (decrease) in retainage payable
Increase (decrease) in accrued compensated absences
Increase (decrease) in meter deposits payable
Increase (decrease) in claims payable
Increase (decrease) in deferred income
Increase (decrease) in landfill closure and postclosure
Net cash provided by
operating activities
2,655,415 156,474
(67,404) 0
0 (19,132)
(51,117) 3,096
0 0
(5,277) 39,472
(28,615) 0
52,753 3,579
2,644 0
0 258,895
(14,367) 0
(181,458) 0
$ 4,974,956 $ 513,530 $
o
o
o
o
o
o
o
o
o
o
o
o
7,228
NON-CASH TRANSACTIONS:
Fixed assets in the amount of $9,350 were transfered from the General Fixed Assets Account Group
to the Solid Waste Fund. This transaction resulted in an increase in Contributed Capital in the
Solid Waste Fund by a corresponding amount.
The accompanying notes are an integral part of this statement.
20
Statement 5
Total Component Total
Primary Unit Reporting
Government Salina Entity
(Memorandum Airport (Memorandum
Only) Authority Only)
$ 18,195,422 $ 1,306,080 $ 19,501,502
895,038 0 895,038
(12,628,519) (923,600) (13,552,119)
(1,056,102) 0 (1,056,102)
45,091 0 45,091
44,784 0 44,784
5,495,714 382,480 5,878,194
(2,983,148) (2,744,209) (5,727,357)
260,000 0 260,000
(695,000) 0 (695,000)
(248,529) (810,000) (1,058,529)
(1,015,000) (50,000) (1,065,000)
(2,158,662) (214,101) (2,372,763)
0 338,058 338,058
0 170,184 170,184
0 618,793 618,793
0 129,541 129,541
0 2,830,000 2,830,000
0 1,640,967 1,640,967
(6,840,339) 1,909,233 (4,931,106)
1,603,836 93,123 1,696,959
(260,000) 0 (260,000)
(789) 2,384,836 2,384,047
27,086,211 930,062 28,016,273
$ 27,085,422 $ 3,314,898 $ 30,400,320
19
cant.
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
I. 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, 1997. 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.
Discretelv Presented Comoonent 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, 1997.
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
Joint Ventures
The City of Salina also participates with Saline County in two joint ventures. The Salina-Saline County Board
of Health was organized by the City and County to promote public health. The Salina County-City Building
Authority was organized by the City and County to acquire, operate and maintain facilities for the
administrative offices of both governments. The primary governments each have an ongoing financial
responsibility for the joint ventures. Separate financial statements are available from the governing boards of
each joint venture.
Total fund balance, December 31, 1997
Total revenues, year ended December 31, 1997
Total revenues from City of Salina
$
Board of
Health
714,072 $
287,722
403,383
Building
Authority
235,573
600,236
218,386
22
Statement 5
Pal!e 2
Total Component Total
Primary Unit Reporting
Government Salina Entity
(Memorandum Airport (Memorandum
Only) Authority Only)
$ 15,483,542 $ 3,229,898 $ 18,713,440
11,601,880 85,000 11,686,880
$ 27,085,422 $ 3,314,898 $ 30,400,320
$
2,690,756 $
(463,031) $ 2,227,725
2,811,889 825,528 3,637,417
(67,404) (1,486) (68,890)
(19,132) 0 (19,132)
(48,021) 0 (48,021)
0 2,813 2,813
34,195 (4,447) 29,748
(28,615) 0 (28,615)
56,332 14,170 70,502
2,644 0 2,644
258,895 0 258,895
(14,367) 8,933 (5,434)
(181,458) 0 (181,458)
$ 5,495,714 $ 382,480 $ 5,878,194
21
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-continued
B. Measurement Focus, Basis of Accounting and Basis of Presentation - continued
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 F ASB 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.
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 expendable trust funds are accounted for in essentially the same manner as the governmental fund types,
using the same measurement focus and basis of accounting. Expendable trust funds account for assets where
both the principal and interest may be spent.
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 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.
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.
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 montWy to the investing fund based on the
percentage of funds invested to total investments. All investments are stated at cost.
24
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
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.
The city 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 (Le., 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 nonexpendab1e 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.
23
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
L SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
C. Assets, Liabilities and Equity -continued
5. Restricted Assets - continued
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
Buildings
Other Equipment
Vehicles
Utility Plant & Equipment
Years
20-50
5-10
7-10
10-70
26
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued
C. Assets, Liabilities and Equity - continued
2. Receivables and Payables
Transactions between funds that are representative of lendinglborrowing 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".
Accounts Receivable. The City records revenues when services are provided. All receivables are shown net
of an allowance for uncollectibles.
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 1998. 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-inlfirst-out (FIFO) method. The costs of governmental fund-type
inventories are recorded as expenditures when purchased rather than when consumed.
4. Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and 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".
25
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
L 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 fund's contributed capital represents equity acquired through capital grants and capital
contributions from developers, customers or other funds.
11. Interfund Transactions
Quasi-external transactions (Le., 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 reimbursements 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 DatalReclassifications
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.
n. 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.
28
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31,1997
L 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.
27
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IL STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY - continued
B. Proprietary Fund Type Budgets
Actual operations (budgetary basis) compared to budget for proprietary fund types for fiscal year 1997 are as
follows:
Actual Budget Variance
Enterprise
Sanitation
Revenues $ 1,256,262 $ 1,200,999 $ 55,263
Expenditures 1,364,977 1,760,899 395,922
Solid Waste Disposal Division
Revenues 2,601,335 2,564,167 37,168
Expenditures 2,019,951 3,118,326 1,098,375
Other financing sources (uses) (45,000) 0 (45,000)
Golf Course Division
Revenues 782,162 650,868 131,294
Expenditures 722,373 763,710 41,337
Water and Sewer
Revenues 11,701,897 11,046,900 654,997
Expenditures 8,030,721 13,471,729 5,441,008
Other financing sources (uses) (2,270,600) (2,476,736) 206,136
Internal Service
Risk Management
Revenues 189,233 140,298 48,935
Expenditures 344,007 673,852 329,845
Workmen's Compensation Reserve
Revenues 498,849 450,078 48,771
Expenditures 149,375 273,277 123,902
Central Garage Division
Revenues 767,716 802,998 (35,282)
Expenditures 785,141 892,811 107,670
Information Services
Revenues 664,262 631,613 32,649
Expenditures 639,984 740,610 100,626
Other financing sources 8,002 0 (8,002)
C. Deficit Fund Equity
The following funds had deficit fund equity at December 31, 1997: HUD Community Development $(34,173)
and Police Grants $(43,801). These deficits will be recovered from reimbursements from grantor agencies, or
in the event certain costs are disallowed, from general funds.
30
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IL STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY - continued
A. Budgetary Information - continued
a) Preparation of the budget for the succeeding calendar year on or before August 1st 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
1997.
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, Housing Rehabilitation, Dare Donations. A legal operating budget is not required for the following
Enterprise and Internal Service funds: Solid Waste Construction, Water and Sewer Principal and Interest,
Water and Sewer Bond Reserve, Water and Sewer Construction and Reserve funds and Health Insurance
funds. 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.
Compliance with Kansas Statutes. References made herein to the statutes are not intended as interpretation of
law, but are offered for consideration by the Director of Accounts and Reports and interpretation by the County
Attorney and legal representatives of the City.
Expenditures exceeded available budget authority in the Special Alcohol special revenue fund. (KSA 79-
2935)
29
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
m. 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 I 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, 1997, the City had invested $13,176 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
1
2
Carrying Fair
3 Amount Value
o $ 25,738,865 $ 25,744,339
13,176 13,176
10,761,870 10,761,870
$ 36,513,911 $ 36,519,385
U.s. Treasury Bills
Pooled investment -
State of Kansas
$ 25,738,865 $
o $
Bond escrow-investment
in U.S. Treasury Bills
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.
32
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 3 1, 1997
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 1997.
Actual
Required
Principal and interest account
Bond reserve account
$ 840,011
2,661,543
$ 617,739
2,661,543
The City was in compliance with the reserve account balance requirements at December 31, 1997.
E. Legal Debt Margin
The City is subject to the municipal [mance 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, 1997, the statutory limit for the City was $84,176,989 providing a debt margin of$66,734,748.
III. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS
A. Deposits and Investments
Deposits - At year end, the carrying amount of the City's deposits was $2,526,389 plus $6,338 cash on hand and the
bank balance was $3,028,392. The difference between the carrying amount and the bank balance is outstanding
checks and deposits in transit. Of the bank balance, $209,784 was covered by federal deposit insurance and the
remaining $2,818,608 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. An unsecured and
uncollateralized deposit of $104,790 was held by the Fiscal Agency Department of the Kansas State Treasurer.
The carrying amount of deposits for the Housing Authority of the City of Salina, a discretely presented component
unit, was $482,189 and the bank balance was $534,136. Of the bank balance, $534,136 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
$3,382,673 and the bank balance was $3,358,264. Of the bank balance, $3,358,264 was covered by federal
depository insurance or by collateral held by the entity's agency in the Authority's name.
31
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
m. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
C. Interfund Receivables and Pay abies
The composition of interfund balances as of December 31, 1997, is as follows:
Due from/to other funds:
Receivable Fund
Payable Funds
Amount
Special Revenue Funds
Community Development
Revolving
Special Revenue Funds
HUD Community
Development
$
34,348
D. Fixed Assets
The following is a summary ofthe changes in the general fixed assets account group during the current year.
Balance Balance
January 1, December 31,
1997 Additions Deletions 1997
Primarv Government
Land $ 2,589,193 $ 0 $ 0 $ 2,589,193
Land improvements 985,482 82,756 0 1,068,238
Buildings 10,788,238 0 0 10,788,238
Machinery and equipment 8,627,812 729,495 139,929 9,217,378
Sub total primary government 22,990,725 812,251 139,929 23,663,047
Comoonent units
Salina Housing Authority 5,287,276 1,298,705 0 6,585,981
Total reporting entity $ 22,990,725 $ 2,110,956 $ 139,929 $ 30,249,028
34
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31,1997
m. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
A. Deposits and Investments - continued
The cash and investments by fund type at December 31, 1997 are as follows:
Cash and Separate
Investments Deposits Total Restricted Unrestricted
Primary Government
General $ 5,188,535 $ 0 $ 5,188,535 $ 0 $ 5,188,535
Special Revenue 2,563,663 0 2,563,663 0 2,563,663
Debt Service 867,759 0 867,759 0 867,759
Capital Projects 2,826,977 0 2,826,977 0 2,826,977
Enterprise 13,433,884 10,761,869 24,195,753 11,601,880 12,593,873
Internal Service 2,674,102 0 2,674,102 0 2,674,102
Trust & Agency 691,248 38,529 729,777 0 729,777
Subtotal primary government 28,246,168 10,800,398 39,046,566 11,601,880 27,444,686
Component Units
Salina Airport Authority 3,314,898 0 3,314,898 0 3,314,898
Salina Housing Authority 596,671 0 596,671 596,671
Subtotal component units 3,911,569 0 3,911,569 0 3,911,569
Total reporting entity $ 32,157,737 $ 10,800,398 $ 42,958,135 $ 11,601,880 $ 31,356,255
B. Receivables
Receivables as of year end, including the applicable allowances for uncollectible accounts, are as follows:
Special Debt Internal Trust and
General Revenue Service Enterprise Service Agency Total
Primary Government
Receivables:
Accounts $ 621,535 $ 28,791 $ 0 $ 840,304 $ 19,132 $ 48,288 $ 1,558,050
Taxes 2,598,707 3,556,341 1,138,685 0 0 0 7,293,733
Interest 242,035 0 0 38,443 0 85 280,563
Notes 0 175 0 0 0 0 175
Gross receivables 3,462,277 3,585,307 1,138,685 878,747 19,132 48,373 9,132,521
Less: allowance for
uncollecti bles (261,426) (1,908) 0 (62,415) 0 0 (325,749)
Total $ 3,200,851 $ 3,583,399 $ 1,138,685 $ 816,332 $ 19,132 $ 48,373 8,806,772
Component Units
Salina Airport Authority 5,911
Salina Housing Authority 83,970
Total 89,881
$ 8,896,653
33
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31,1997
m. 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 1997:
Balance Balance
January 1, December 31,
1997 Additions Reductions 1997
Primary Government
General obligations bonds $ 10,982,000 $ 1,650,000 $ 2,142,000 $ 10,490,000
Revenue bonds 34,890,000 0 1,015,000 33,875,000
Temporary notes 7,795,000 8,770,000 7,095,000 9,470,000
Capital financing leases 126,426 0 126,426 0
Accrued Compensation 1,999,550 173,919 0 2,173,469
$ 55,792,976 $ 10,593,919 $ 10,378,426 $ 56,008,469
Component Units
General obligations bonds $ 2,705,000 $ 0 $ 810,000 $ 1,895,000
Temporary notes 0 2,830,000 0 2,830,000
Revenue bonds 655,000 0 50,000 605,000
Mortgage Payable 1,670,219 0 988,823 681,396
$ 5,030,219 $ 2,830,000 $ 1,848,823 $ 6,011,396
The following is a detailed listing of the city's long-term debt including general obligation bonds, revenue
bonds, temporary notes and capital leases:
Original Interest Bonds
Issue Rates Outstanding
Primary Government
General Obligation
Internal Improvements 1988, due 12/1/98 $ 1,115,000 6.15% to 8.15% $ 90,000
Internal Improvements 1989, due 12/1/99 1,175,000 5.80% to 7.875% 230,000
Broadway Overpass 1990, due 12/1/2000 455,000 5.75% to 7.75% 135,000
Internal Improvements 1991, due 10/1/2001 1,300,000 5.20% to 7.25% 520,000
Street and Utilities 1991, due 10/1/2001 1,417,000 5.40% to 7.40% 560,000
Crawford Street 1991, due 10/1/2001 1,785,000 4.50% to 6.50% 705,000
Crawford Street 1992, due 10/1/2002 1,240,000 3.75% to 5.90% 625,000
Internal Improvements 1993, due 10/1/2003 685,000 3.50% to 5.50% 420,000
Internal Improvemetns 1993, due 10/1/2003 1,800,000 3.40% to 5.00% 1,130,000
Internal Improvemetns 1994, due 10/1/2004 1,175,000 4.70% to 6.50% 815,000
Internal Improvements 1995, due 10/1/2005 2,434,000 4.75% to 6.50% 1,945,000
Internal Improvements 1996, due 8/01/2006 1,847,000 4.65% to 5.00% 1,665,000
Internal Improvements 1997, due 8/01/2007 1,650,000 4.50% to 5.25% 1,650,000
Total general obligation bonds $ 10,490,000
36
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31,1997
m. 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, 1997:
Component
Primary Government Unit
Internal Salina
Enterprise Service Airport
Funds Funds Authority
Land $ 514,050 $ 0 $ 2,903,932
Land improvements 4,886,159 0 0
Water plant and equipment 31,895,409 0 0
Sewer plant and equipment 36,774,426 0 0
Airfield and infrastructure 0 0 16,122,516
Equipment 2,119,555 1,082,542 1,075,725
Vehicles 1,354,189 15,911 0
Buildings 575,612 22,072 6,771,387
Construction in progress 3,381,616 0 0
81,501,016 1,120,525 26,873,560
Less accumulated depreciation 29,150,592 715,654 7,971,636
Net fixed assets $ 52,350,424 $ 404,871 $ 18,901,924
Interest costs are capitalized when incurred by proprietary funds and similar component units on debt where
proceeds were used to finance 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.
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 (title transfers at the end of the lease term) and, therefore, has been recorded at the
present value of the future minimum lease payments as of the date of its inception. This lease was paid off in
the year ended December 31, 1997.
The following is an analysis of equipment leased under capital leases during the year ended December 31,
1997:
General
Fixed Assets
Machinery and equipment
$
389,355
Payments made during 1997
$
130,479
35
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IlL DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long-Term Debt - continued
Interest paid in 1997 is as follows:
Primary government
General obligation bonds
Revenue bonds
Temporary notes
Capital leases
Component Unit
Salina Airport Authority
Housing Authority of Salina
$ 579,347
1,461,741
349,791
4,053
210,830
46,510
Annual debt service requirements to maturity for general obligation oonds to be paid with tax levies -
General Obligation - Primary Government
Bonds Interest
Year Outstanding Due Total
1998 $ 1,800,000 $ 555,786 $ 2,355,786
1999 1,705,000 435,746 2,140,746
2000 1,585,000 348,256 1,933,256
2001 1,540,000 266,676 1,806,676
2002 1,090,000 188,699 1,278,699
To maturity 2,770,000 315,721 3,085,721
$ 10,490,000 $ 2,110,884 $ 12,600,884
General Obligation-Component Units
Bonds Interest
Year Outstanding Due Total
1998 $ 165,000 $ 117,640 $ 282,640
1999 180,000 108,668 288,668
2000 190,000 98,803 288,803
2001 195,000 88,078 283,078
To maturity 1,165,000 305,915 1,470,915
$ 1,895,000 $ 719,104 $ 2,614,104
38
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
m. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long-Term Debt - continued
Original Interest Bonds
Issue Rates Outstanding
Revenue Bonds
Revenue Refunding 1990, due 10/1/2005 $ 5,655,000 6.00% to 7.00% $ 3,565,000
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% 12,770,000
Water and Sewer 1993, due 10/1/2013 3,200,000 4.50% to 5.25% 2,800,000
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% 1,140,000
Total revenue bonds $ 33,875,000
Temporary Notes
Landfill, due 9/1/98 1,900,000 4.23855% $ 700,000
Magnolia Rd, due 3/1/98 4,370,000 3.900% 4,370,000
Library Project, due 6/1/2000 310,000 4.00% to 4.40% 310,000
Street and Subdivision, due 3/1/99 4,090,000 4.100% 4,090,000
Total temporary notes $ 9,470,000
Component Unit
Salina Airport Authority
General Obligation Bonds
Economic Development 1990, due 2010 1,900,000 6.40% to 8.375 $ 860,000
Economic Development 1990, due 2010 773,000 6.5% to 8.5% 610,000
General Obligation 1993, due 2003 375,000 3.4% to 5.0% 245,000
General Obligation 1993, due 2003 275,000 3.85% to 4.75% 180,000
Total general obligation bonds 1,895,000
Revenue Bonds
Leasehold revenue 1991, due 2006 850,000 5.0% to 7.25% 605,000
Temporary Notes
General Obligation 1997, due 2000 2,830,000 4.20% 2,830,000
Total bonds $ 5,330,000
Housing Authority of the City of Salina
Mortgage Payable to Federal Financing Bank 925,473 6.60% $ 681,396
37
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
Ill. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
F. General Long-Term Debt - continued
Temporary Notes - Component Units
Notes Interest
Year Outstanding Due Total
2000
$ 2,830,000 $
356,580 $ 3,186,580
Annual debt service requirements to maturity for mortgage to be paid from Housing
Authority revenues-
Mortgage - Component Unit
Mortgage Interest
Year Outstanding Due Total
1998 $ 22,916 $ 44,972 $ 67,888
1999 24,428 43,460 67,888
2000 26,041 41,847 67,888
2001 27,649 40,239 67,888
To maturity 580,362 302,184 882,546
$ 681,396 $ 472,702 $ 1,154,098
Temporary notes. All temporary notes other than the Magnolia Road notes were issued with maturities in
excess of one year, and therefore are reported in the general long-term debt account group. The Magnolia
Road temporary notes were retired and replaced with long-term general obligation bonds on February 9, 1998
(see Note IV -6), and therefore are also reported in the general long-term debt account group.
Defeased bonds. In prior years, the City had defeased certain outstanding debt obligations by placing the
proceeds of new bonds in an irrevocable trust to provide for all future debt service payments on the old bonds.
Accordingly, the trust accounts and the defeased bonds are not included in the City's financial statements. At
December 31, 1997, the following outstanding bonds are considered defeased:
1990- A Refunding Issue
$ 2,185,000
Special assessments. As provided by Kansas statutes, projects financed in part by special assessments are
financed through general obligation bonds of the City and are retired from the debt service fund. Special
assessments paid prior to the issuance of bonds are recorded as revenue in the appropriate project. Special
assessments received after the issuance of bonds are recorded as revenue in the debt service fund. The special
assessments receivable are not recorded as revenue when levied against the respective property owners as such
amounts are not available to finance current year operations. The special assessment debt is a contingent
liability of the City to the extent of property owner defaults, which have historically been immaterial.
Conduit debt. The City has entered into several conduit debt arrangements wherein the City issues industrial
revenue bonds to finance a portion of the construction of facilities by private enterprises. In return, the private
enterprises have executed mortgage notes or leases with the City. The City is not responsible for payment of
the original bonds, but rather the debt is secured only by the cash payments agreed to be paid by the private
enterprises under the terms of the mortgage or lease agreements. Generally, the conduit debt is arranged so
that payments required by the private enterprises are equal to the mortgage payment schedule related to the
original debt. At December 31, 1997, total outstanding conduit debt was $33,568,729.
40
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31,1997
IlL 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-
Revenue Bonds - Primary Government
Bonds Interest
Year Outstanding Due Total
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
2001 1,990,000 1,731,533 3,721,533
2002 2,115,000 1,625,898 3,740,898
To maturity 26,315,000 8,679,173 34,994,173
$ 33,875,000 $ 17,675,853 $ 51,550,853
Annual debt service requirements to maturity for revenue bonds to be paid with service revenues-
Revenue Bonds- Component Units
Bonds Interest
Year Outstanding Due Total
1998 $ 50,000 $ 41,703 $ 91,703
1999 55,000 38,552 93,552
2000 60,000 35,005 95,005
2001 60,000 31,045 91,045
To maturity 380,000 85,925 465,925
$ 605,000 $ 232,230 $ 837,230
Annual debt service requirements to maturity for temporary notes - to be paid through the issuance of
general obligation bonds -
Temporary Notes - Primary Government
Notes Interest
Year Outstanding Due Total
1998 $ 5,180,000 $ 216,531 $ 5,396,531
1999 4,190,000 216,113 4,406,113
2000 100,000 2,200 102,200
$ 9,470,000 $ 434,844 $ 9,904,844
39
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IV. OTHER INFORMATION
A. Defined Benefit Pension Plan
Plan description - The City participates in the Kansas Public Employees Retirement System (KPERS) and the
Kansas Police and Firemen's Retirement System (KP&F). Both are cost-sharing multiple-emp10yer defined
benefit pension plans as provided by Kansas statutes (KSA 74-4901 et seq). KPERS and KP&F provide
retirement benefits, life insurance, disability income benefits and death benefits. Kansas law establishes and
amends benefit provisions. KPERS and KP&F issue a publicly available financial report that includes
financial statements and required supplementary information. Those reports may be obtained by writing to
KPERS (400 SE 8th Avenue, Suite 200, Topeka, Kansas 66603-3925) or by calling 1-800-228-0366.
Funding policy - KSA 74-4919 establishes the KPERS member-employee contribution rate at 4% of covered
salary. KSA 74-4975 establishes the KP&F member-employee contribution rate at 7% of covered salary. The
employer collects and remits member-employee contributions according to the provisions of section 414(h) of
the Internal Revenue Code. State law provides that the employer contribution rates be determined annually
based on the results of an annual actuarial valuation. KPERS and KP&F are funded on an actuarial reserve
basis. State law sets a limitation on annual increases in the employer contribution rates. The KPERS
employer rate established for calendar year 1997 is 2.63%. The City employer contributions to KPERS for the
years ending December 31,1997, 1996 and 1995 were $194,190, $176,658, and $150,456, respectively, equal
to the required contributions for each year. The KP&F employer rate established for 1997 is 14.4%.
Employers participating in KP&F also make contributions to amortize the liability for past service costs, if
any, which are determined separately for each participating employer. The City's contributions to KP&F for
the years ended December 31, 1997, 1996 and 1995 were $808,561, $716,750, and $652,708, respectively,
equal to the required contributions for each year.
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. Plan assets are transfered to a plan agent in a custodial trust
and are not available to the claims of the City's general creditors.
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, 1997 accrued compensated absences
totaled $2,173,469.
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.
42
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31,1997
m. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - continued
G. Reconciliation of Transfers
Transfers are made between funds as the need arises. A reconciliation between funds follows:
Transfers from Transfers to
Special
General Revenue Total
General $ 0 $ 329,866 $ 329,866
Special Revenue Funds
Business Improvement District 17,000 0 17,000
Tourism and Convention 0 222,086 222,086
Drug Task Force 0 9,615 9,615
$ 17,000 $ 561,567 $ 578,567
Residual equity transfers were made at year end to close projects in the following fund.
Transfers from
Transfers to
Capital
General Projects Debt
Fund Funds Service Fund Total
$ 0 $ 156,899 $ 0 $ 156,899
0 260,000 0 260,000
244,234 0 64,591 308,825
$ 244,234 $ 416,899 $ 64,591 $ 725,724
General Fund
Enterprise Funds
Capital Projects Funds
H. Contributed Capital
The changes in the City's contributed capital accounts for its proprietary and internal service funds were as
follows:
Contributing
Source
General
Balance Fixed Balance
January 1, Assets December 31,
Internal Service Funds
Central Garage $ 16,611 $ 0 $ 16,611
Information Services 508,435 0 508,435
Enterprise Funds
Sanitation 5,187 0 5,187
Solid Waste 77,090 9,350 86,440
Municipal Golf Course 1,700 0 1,700
Water & Sewer 8,385,683 0 8,385,683
$ 8,994,706 $ 9,350 $ 9,004,056
41
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IV. OTHER INFORMA nON - 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, 1997:
Project Name
Project Total Project
Authorization Expenditures
$ 5,939,000 $ 5,443,635
1,585,205 1,493,072
1,153,540 1,153,540
880,190 877 ,563
816,666 542,186
257,065 138,250
297,219 122,181
800,000 24,412
150,000 1,031
MagnoliaJI-35 Interchange
Subdivision 1995
Ninth and Broadway
Subdivision 1996
Subdivision 1997
Cart paths
Schilling Drainage
North Ohio
Magnolia - Rockhurst to Belmont
G. Subsequent Events
On February 9, 1998, the city issued $3,900,000 in General Obligation bonds at a rate of 4.444903%. The
proceeds are to be used as financing for a portion of the MagnoliaJI-135 Interchange project and certain
subdivision projects.
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
material effect on any of the financial statements of the City at December 31, 1997.
The city is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently
determinable, it is the opinion of the City's legal counsel that resolution of these matters will not have a
material adverse effect on the financial condition of the city
44
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IV. OTHER INFORMATION - continued
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. Settlements of claims
did not exceed coverage for the years ended December 31,1997, 1996 or 1995.
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. 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, including incurred but not reported claims, have been
accrued based primarily upon subsequent payments. Claim liabilities are calculated considering the effects of
inflation, recent claim settlement trends including frequency and amounts of payouts and other economic and
social factors. The liability for claims and judgments is reported in the Workers' Compensation Reserve Fund
because it is expected to be liquidated with expendable available financial resources. Changes in the balances
of claims liabilities during the past two years are as follows:
1997 1996
Unpaid claims, January I $ 128,986 $ 206,434
Incurred claims (including
IBNRs) 90,023 15,197
Claim payments (176,128) (92,645)
Unpaid claims, December 31 $ 42,881 $ 128,986
The city established a limited risk management program for employee health and dental insurance in 1997.
The program covers eligible city employees. Premiums are paid into the health insurance fund by all other
funds and are available to pay claims, claim reserves and administrative costs of the program. An excess
coverage insurance policy covers individual claims in excess of $50,000. Incurred claims, including incurred
but not reported claims, have been accrued based primarily upon subsequent payments. Claim liabilities are
calculated considering the effects of inflation, recent claim settlement trends including frequency and amounts
of payouts and other economic and social factors. The liability for claims and judgments is reported in the
Health Insurance Fund because it is expected to be liquidated with expendable available financial resources.
Changes in the balances of claims liabilities during the plans's first year are as follows:
1997
Unpaid claims, January I $ 0
Incurred claims (including
IBNRs) 1,861,611
Claim payments (1,516,611)
Unpaid claims, December 31 $ 345,000
43
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IV. OTHER INFORMATION - continued
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.
L. Restatement of Retained Earnings
Retained earnings in the Solid Waste enterprise fund have been restated to reflect the correction of a prior
period error in computing the liability associated with closure and post-closure care costs at the City's landfill.
The effect of the restatement was to decrease beginning retained earnings by $696,531.
46
City of Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1997
IV. OTHER INFORMATION - continued
L 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 $976,002 reported as landfill closure and postclosure care liability at December 31 represents the
cumulative amount reported to date based on the use of 26% of the estimated capacity of the landfill, plus a
remaining $575,057 estimated closure costs for the pre-subtitle D cell, which stopped accepting waste in 1994.
The City's solid waste fund will recognize the remaining estimated cost of closure and postclosure care of
$2,993,312 as the remaining estimated capacity is filled over the remaining life expectancy of 53 years. These
amounts are based on what it would cost to perform all closure and postclosure care in 1997. Actual cost may
be higher due to inflation, changes in technology, or changes in regulations. The City is required by State and
Federal laws and regulations to provide assurances of financial responsibility for closure and post-closure care.
The City has elected to utilize the Local Government Financial test promulgated by the US Environmental
Protection Agency (at 40 CFR 258.74(f)) and the Kansas Department of Health and Environment to provide
these assurances. Any future closure or post-closure care costs will be provided through the normal budgeting
and rate setting process, including the issuance of general obligation bonds, if necessary.
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, 1997 is
presented below.
Solid Golf Water
Waste Course and
Sanitation Disposal Division Sewer Total
Operating revenues $ 1,230,310 $ 2,452,057 $ 782,162 $ 10,442,409 $ 14,906,938
Depreciation expense 53,208 365,960 48,358 2,187,889 2,655,415
Net operating income (loss) (141,393) 1,165,811 47,985 1,539,979 2,612,382
Net income (loss) (107,907) 1,103,660 28,533 817,181 1,841,467
Residual equity transfers out 0 0 (260,000) 0 (260,000)
Property, plant and
equipment additions 57,525 8,258 36,202 2,816,026 2,918,011
Net working capital 479,245 470,959 83,204 21,088,419 22,121,827
Total assets 844,328 6,701,516 437,672 70,318,668 78,302,184
Bonds and temporary
notes payable 0 2,285,458 299,856 33,875,000 36,460,314
Total equity 740,252 3,285,739 95,934 35,459,377 39,581,302
45
City of Salina, Kansas
Schedule 1
GENERAL FUND
COMPARATIVE BALANCE SHEETS
December 31, 1997 and 1996
ASSETS 1997 1996
Cash and investments $ 5,188,535 $ 5,325,053
Receivables
Accounts 360,109 289,260
Taxes 2,598,707 2,290,803
Interest 242,035 201,224
Inventory 93,676 57,882
Interfund receivable 0 464,752
Total assets $ 8,483,062 $ 8,628,974
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 333,961 $ 167,251
Retainage payable 48,703 4,948
Deferred revenue 1,887,093 1,478,168
Total liabilities 2,269,757 1,650,367
Fund balances
Reserved for encumbrances 1,345,631 1,110,349
Reserved for inventory 93,676 57,882
Unreserved
Undesignated 4,773,998 5,810,376
Total fund balances 6,213,305 6,978,607
Total liabilities and fund balances $ 8,483,062 $ 8,628,974
48
City of Salina, Kansas
GENERAL FUND
The general fund is used to account for resources traditionally associated with government which are not
required legally or by sound financial management to be accounted for in another fund.
47
City of Salina, Kansas
Schedule 3
GENERAL FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Taxes
Property $ 1,470,370 $ 1,432,214 $ 38,156 $ 1,234,203 $ 1,211,689 $ 22.514
Delinquent 27,372 24,000 3,372 13,995 6,000 7,995
Motor vehicle 247,950 242,892 5,058 67,159 54,930 12,229
Sales 8,658,933 9,407,500 (748,567) 8,250,536 8,450,000 (199,464)
Franchise 1,929,622 1,747,500 182,122 1,836,694 1,747,500 89,194
Total taxes 12,334,247 12,854,106 (519,859) 11,402,587 11,470,119 (67,532)
Intergovernmental
Bingo 19,366 24,148 (4,782) 24,149 15,000 9,149
City - County revenue share 333,417 324,686 8,731 324,686 327,771 (3,085)
LAVfR 373,458 373,458 0 355,675 355,675 0
Liquor tax 87,916 82,957 4,959 84,862 87,333 (2,471)
Federal grants 441 0 441 35,114 17,500 17,614
State grants 31,603 0 31,603 0 0 0
EMS - County 614,186 415,000 199,186 415,788 415,000 788
Total intergovermnental 1,460,387 1,220,249 240,138 1,240,274 1,218,279 21,995
Fees
Recreation 243,972 237,000 6,972 229,691 245,000 (15,309)
Activity fund 117,031 126,000 (8,969) 116,633 120,000 (3,367)
Emergency medical services 452,528 421,400 31,128 376,227 380,000 (3,773)
Fire protection outside city 84,425 110,000 (25,575) 148,453 145,000 3,453
Other 218,938 207,700 11,238 227,347 216,000 11,347
Total fees 1,116,894 1,102,100 14,794 1,098,351 1,106,000 (7.649)
Fines 976,398 900,000 76,398 969,759 990,000 (20,241 )
Pennits and inspection 297,737 313,575 (15,838) 329,106 270,000 59,106
Charges for services 588,502 543,202 45.300 457,257 453,198 4,059
Use of money and property 381,378 700,000 (318,622) 914,105 680,000 234,105
Reimbursements 80,051 51,000 29,051 75,325 57,147 18,178
Miscellaneous 104,179 150,000 (45,821) 50,829 48,500 2,329
Total revenues 17,339,773 17,834,232 (494,459) 16,537,593 16,293,243 244,350
50
City of Salina, Kansas
Schedule 2
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Revenues
Taxes $ 12,409,756 $ 11,598,859
Intergovernmental 1,460,386 1,240,274
Charges for services 1,726,096 1,607,531
Fines 976,398 969,759
Use of money and property 422,189 818,087
Reimbursements 80,051 70,645
Miscellaneous 401,916 379,935
Total revenues 17,476,792 16,685,090
Expenditures
Current
General government 2,076,732 1,662,081
Public safety 8,003,070 7,104,335
Public works 1,574,508 1,621,302
Parks and recreation 1,947,685 1,872,887
Cultural 522,763 469,901
Community development 146,825 260,722
Health and welfare 403,383 389,742
Other 176,364 29,561
Capital outlay 3,194,666 2,979,600
Total expenditures 18,045,996 16,390,131
Excess of revenues over expenditures (569,204) 294,959
Other financing sources (uses)
Operating transfers in 17,000 17,000
Operating transfers out (329,866) (160,460)
Sale of assets 29,433 56,384
Total other financing sources (uses) (283,433) (87,076)
Excess (deficiency) of revenues and other sources
over (under) expenditures and other uses (852,637) 207,883
Fund balances, January 1 6,978,607 6,781,888
Residual equity transfer in 244,234 0
Residual equity transfer out (156,899) (11,164)
Fund balances, December 31 $ 6,213,305 $ 6,978,607
49
City of Salina, Kansas
Schedule 3
Pal!e 3
GENERAL FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Other financing sources (uses)
Operating transfer in $ 17,000 $ 17,000 $ 0 $ 17,000 $ 17,000 $ 0
Operating transfer out (329,866) (100,000) (229,866) (160,460) (100,000) (60,460)
Sale of assets 29,433 15,000 14,433 56,384 0 56,384
Total other fInancing
sources (uses)
(283,433)
(68,000)
(215,433)
(87,076)
(83,000)
(4,076)
Excess (defIciency) of revenues
and other sources over (under)
expenditures and other uses
Prior year cancelled encumbrances
Residual equity transfer in
Residual equity transfer out
(1,435,816) (3,302,176) 1,866,360 279,398 (2,921,846) 3,201,244
4.512,205 3,302,176 1,210,029 4,243,971 2,921,846 1,322,125
345,219 0 345,219 0 0 0
244,234 0 244,234 0 0 0
( 156,899) 0 ( 156,899) (11,164) 0 (11,164)
3,508,943 $ 0 $ 3,508,943 $ 4,512,205 $ 0 $ 4,512,205
Fund balances,
January 1
Fund balances,
December 31
$
52
City of Salina, Kansas
Schedule 3
Pal!e 2
GENERAL FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Expenditures
General government
City commission $ 86,412 $ 96,525 $ 10,113 $ 70,947 $ 94,890 $ 23,943
City manager 290,518 296,164 5,646 249,032 236,072 (12,960)
Legal 60,912 96,200 35,288 90,088 93,500 3,412
Finance 347,201 334,805 (12,396) 339,036 326,434 ( 12,602)
Personnel 165,507 153,965 (11,542) 139,258 106,225 (33,033)
Buildings 364,224 333,918 (30,306) 268,778 301,140 32,362
Human relations 102,611 122,361 19,750 107,709 118,230 10,521
Permits and inspection 260,948 244,222 (16,726) 256,408 225,606 (30,802)
Gypsum Hill Cemetery 96,546 97,090 544 89,969 92,862 2,893
Contingency 198,764 265,000 66,236 56,765 265,000 208,235
Housing rehabilitation 87,341 75,000 (12,341) 46,883 75,000 28,11 7
Public safety
Police 3,410,044 3,431,143 21,099 3,061,886 3,174,849 112,963
Municipal court 735,729 711,519 (24,210) 680,937 728,671 47,734
Fire 3,730,360 3,408,349 (322,011) 3,420,505 3,436,475 15,970
Public works
Engineering 246,857 242,50 I (4,356) 225,883 223,712 (2,171)
Streets 910,312 1,024,951 11 4,639 936,235 955,779 19,544
Flood works 114,174 123,000 8,826 113,606 113,200 (406)
Traffic control 163,038 163,735 697 154,699 166.850 12,151
Planning 174,149 176,777 2,628 167,731 161,758 (5,973)
Recreation
Parks and recreation 774,790 759,937 (14,853) 732,193 738,572 6,379
Swinuning pools 83,055 71,990 (11,065) 85,267 69,200 ( 16,067)
Neighborhood centers 68,238 66,896 (1,342) 60,359 77,224 16,865
Recreation 1.021,602 1,006,365 (15,237) 995,069 956,317 (38,752)
Cultural
Arts and humanities 257,931 233.152 (24,779) 225,352 225,012 (340)
Smoky Hill Museum 264,832 250,369 (14,463) 244,549 241,517 (3,032)
Health and welfare
Health 403,383 403,383 0 389,742 394,842 5,100
Commw1ity development
Agency contracts 146,825 194,425 47,600 194,241 194,425 184
Capital outlay 3,749,489 2,415,187 (1,334,302) 2,738,431 2,150,000 (588,431 )
Other
Administrative expenses 176.364 126,532 (49,832) 29,561 29,561 0
Cash reserve 0 4,142,947 4,142,947 0 3,159,166 3,159,166
Total expenditures 18,492,156 21,068,408 2,576,252 16,171,119 19,132,089 2,960,970
Excess (deficiency) of revenues
over (under) expenditures (1,152,383) (3,234,176) 2,081,793 366,474 (2,838,846) 3,205,320
51
City of Salina, Kansas
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for specific revenues that are legally restricted to expenditure for
particular purposes.
Employee benefit fund - To account for the costs of various benefits provided to governmental employees.
Flood and drainage improvement fund - To account for property tax revenues to be used for capital
improvements to the Flood Control and Stormwater Drainage systems.
Utility fund - To account for the electric, gas, water and telephone costs ofthe City's operations except for
those utility costs which are directly chargeable to Enterprise and Internal Service funds.
Special liability fund - To account for liability and worker's compensation insurance costs.
Business improvement district fund - State law allows businesses within an area to voluntarily establish
an improvement district. This fund is used to account for the assessments made on the district. All
revenues are to be used within the Business Improvement District.
Tourism and convention fund - To account for transient guest tax revenues, which are specifically
restricted to promotion and tourism activities.
Special parks and recreation fund - To account for liquor tax revenues which must be used for park
maintenance and improvements.
Special alcohol fund - To account for liquor tax revenues which must be used for programs which address
prevention, education or intervention for drug and alcohol abuse.
Special gas fund - To account for the City's share of motor fuel tax revenues which are legally restricted
to the maintenance or improvement of streets within the City.
Bicentennial Center fund - To account for the activities of the City's convention center.
Bicentennial Center event fund - To account for the revenues and expenses associated with special events
(concerts, shows, etc.) at the City's convention center.
HUD community development fund - To account for grants received from the state to be used for housing
or economic development purposes.
Community development revolving fund - To account for funds which may be loaned for housing and
economic development purposes, to later be repaid and reused on a revolving basis.
Heritage commission fund - To account for revenues and expenses associated with heritage preservation
activities.
Housing rehabilitation - To account for grants received from the state to be used for housing
rehabilitation.
53
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City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 1997
(With comparative totals for December 31, 1996)
ASSETS
Flood &
Employee Drainage
Benefits Improvements Utility
$ 453,031 $ 0 $ 448,490
0 0 0
2,809,240 225,943 0
0 0 0
0 0 0
0 0 0
$ 3,262,271 $ 225,943 $ 448,490
Cash and investments
Receivables
Accounts
Taxes
Grants
Notes
Due from funds
Total assets
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 1,254 $ 0 $ 56,901
Retainage payable 0 0 0
Due to funds 0 0 0
Deferred revenue 2,809,240 225,943 0
Total liabilities 2,810,494 225,943 56,901
Fund balances
Reserved for encumbrances 0 0 0
Unreserved
Undesignated (deficit) 451,777 0 391,589
Total fund balances (deficit) 451,777 0 391,589
Total liabilities and
fund balances $ 3,262,271 $ 225,943 $ 448,490
55
City of Salina, Kansas
SPECIAL REVENUE FUNDS - CONTINUED
Fair housing fund - To account for grants received from the federal government to be used to monitor and
mediate fair housing complaints.
Special law enforcement fund - To account for revenues received from the sale of forfeited assets acquired
during drug enforcement activities. Expenses are limited to capital items to be used for further drug
enforcement activities.
Police grants fund - To account for revenues received from grants which are to be used for special police
activities, including the D.A.R.E. program.
Dare donations - To account for donations to the D.A.R.E. program.
Traffic safety grant fund - To account for revenues received from grants to be used for traffic
enforcement.
54
City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Bicentennial HUD
Bicentennial Center Community
ASSETS Center Event Development
Cash and investments $ 349,013 $ 193,104 $ 0
Receivables
Accounts 21,261 0 0
Taxes 0 0 0
Grants 0 0 0
Notes 0 0 175
Due from funds 0 0 0
Total assets $ 370,274 $ 193,104 $ 175
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 12,232 $ 0 $ 0
Retainage payable 0 0 0
Due to funds 0 0 34,348
Deferred revenue 0 0 0
Total liabilities 12,232 0 34,348
Fund balances
Reserved for encumbrances 20,353 0 0
Unreserved
Undesignated (deficit) 337,689 193,104 (34,173)
Total fund balances (deficit) 358,042 193,104 (34,173)
Total liabilities and
fund balances $ 370,274 $ 193,104 $ 175
57
Schedule 4
Business Tourism Special
Special Improvement and Parks and Special Special
Liability District Convention Recreation Alcohol Gas
$ 95,368 $ 5,054 $ 1,765 $ 80,032 $ 369 $ 671,078
0 5,622 0 0 0 0
0 0 173,842 0 0 347,316
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
$ 95,368 $ 10,676 $ 175,607 $ 80,032 $ 369 $ 1,018,394
$ 0 $ 4,591 $ 0 $ 2,210 $ 0 $ 3,758
0 0 0 0 0 13,890
0 0 0 0 0 0
0 0 0 0 0 0
0 4,591 0 2,210 0 17,648
0 0 0 0 0 223,313
95,368 6,085 175,607 77 ,822 369 777,433
95,368 6,085 175,607 77,822 369 1,000,746
$ 95,368 $ 10,676 $ 175,607 $ 80,032 $ 369 $ 1,018,394
56
cont.
City of Salina, Kansas
Schedule 4
Pal!e 3
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 1997
(With comparative totals for December 31, 1996)
Traffic Total
DARE Safety
ASSETS Donations Grant 1997 1996
Cash and investments $ 18,440 $ 7,673 $ 2,563,663 $ 3,536,259
Receivables
Accounts 0 0 26,883 50,246
Taxes 0 0 3,556,341 2,300,208
Grants 0 0 0 17,796
Notes 0 0 175 323
Due from funds 0 0 34,348 0
Total assets $ 18,440 $ 7,673 $ 6,181,410 $ 5,904,832
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 0 $ 0 $ 162,294 $ 124,950
Retainage payable 0 0 13,890 10,414
Due to funds 0 0 34,348 198,829
Deferred revenue 0 0 3,035,183 1,821,304
Total liabilities 0 0 3,245,715 2,155,497
Fund balances
Reserved for encumbrances 0 0 243,666 215,408
Unreserved
Undesignated (deficit) 18,440 7,673 2,692,029 3,533,927
Total fund balances (deficit) 18,440 7,673 2,935,695 3,749,335
Total liabilities and
fund balances $ 18,440 $ 7,673 $ 6,181,410 $ 5,904,832
59
Schedule 4
Pal!e 2
Community Special
Development Heritage Housing Fair Law Police
Revolving Commission Rehabilitation Housing Enforcement Grants
$ 60,174 $ 1,571 $ 51,126 $ 56,600 $ 33,235 $ 37,540
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
34,348 0 0 0 0 0
$ 94,522 $ 1,571 $ 51,126 $ 56,600 $ 33,235 $ 37,540
$ 0 $ 7 $ 0 $ 0 $ 0 $ 81,341
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 7 0 0 0 81,341
0 0 0 0 0 0
94,522 1,564 51,126 56,600 33,235 (43,801)
94,522 1,564 51,126 56,600 33,235 (43,801)
$ 94,522 $ 1,571 $ 51,126 $ 56,600 $ 33,235 $ 37,540
58
cont.
City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Employee Special
Benefits Utility Liability
Revenues
Taxes $ 1,765,228 $ 746,991 $ 85,945
Intergovernmental 185,000 0 0
Charges for services 17,352 0 0
Fines 0 0 0
Special assessments 0 0 0
Use of money and property 0 0 0
Reimbursements 3,822 0 0
Miscellaneous 0 0 0
Total revenues 1,971,402 746,991 85,945
Expenditures
Current
General government 3,115,226 0 86,603
Public safety 0 0 0
Public works 0 765,069 0
Community development 0 0 0
Health and welfare 0 0 0
Bicentennial Center 0 0 0
Capital outlay 0 0 0
Total expenditures 3,115,226 765,069 86,603
Excess (deficiency) of revenues
over (under) expenditures (1,143,824) (18,078) (658)
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 (1,143,824) (18,078) (658)
Fund balances (deficit),
January 1 1,595,601 409,667 96,026
Fund balances (deficit),
December 31 $ 451,777 $ 391,589 $ 95,368
60
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City of Salina, Kansas
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Bicentennial HUD Community
Center Community Development
Event Development Revolving
Revenues
Taxes $ 0 $ 0 $ 0
Intergovernmental 0 28,816 0
Charges for services 848,711 0 0
Fines 0 0 0
Special assessments 0 0 0
Interest 0 245 5,241
Reimbursements 0 5,256 2,414
Miscellaneous 0 0 0
Total revenues 848,711 34,317 7,655
Expenditures
Current
General government 0 0 0
Public safety 0 0 0
Public works 0 0 0
Community development 0 99,222 0
Health and welfare 0 0 0
Bicentennial Center 704,636 0 0
Capital outlay 0 0 0
Total expenditures 704,636 99,222 0
Excess (deficiency) of revenues
over (under) expenditures 144,075 (64,905) 7,655
Other financing sources (uses)
Operating transfers in 0 81,009 0
Operating transfers out 0 0 0
Total other financing
sources (uses) 0 81,009 0
Excess (deficiency) of revenues
and other sources over (under)
expenditures and other uses 144,075 16,104 7,655
Fund balances (deficit),
January 1 49,029 (50,277) 86,867
Fund balances (deficit),
December 31 $ 193,104 $ (34,173) $ 94,522
62
Schedule 5
Business Tourism Special
Improvement and Parks and Special Special Bicentennial
District Convention Recreation Alcohol Gas Center
$ 0 $ 630,509 $ 87,916 $ 87,916 $ 0 $ 0
0 0 0 0 1,370,292 0
0 0 0 0 0 601,326
890 0 0 0 0 0
78,537 0 0 0 0 0
158 1,765 5,573 369 38,044 21,354
0 0 0 0 0 0
0 0 8,000 0 0 0
79,585 632,274 101,489 88,285 1,408,336 622,680
63,342 370,629 0 0 0 0
0 0 0 0 0 0
0 0 0 0 218,007 0
0 0 0 0 0 0
0 0 0 87,916 0 0
0 0 0 0 0 977,134
0 0 122,697 0 1,113,627 56,513
63,342 370,629 122,697 87,916 1,331,634 1,033,647
16,243 261,645 (21,208) 369 76,702 (410,967)
0 0 0 0 0 322,086
(17,000) (222,086) 0 0 0 0
(17,000) (222,086) 0 0 0 322,086
(757)
39,559
(21,208)
369
76,702
(88,881)
136,048
924,044
446,923
6,842
99,030
o
$
6,085 $
175,607 $
77,822 $
369 $ 1,000,746 $
358,042
61
cont.
City of Salina, Kansas
Schedule 5
Pal!e 3
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Traffic Total
Safety
Grant 1997 1996
Revenues
Taxes $ 0 $ 3,404,505 $ 4,497,215
Intergovernmental 0 1,737,050 2,102,614
Charges for services 0 1,470,943 1,553,240
Fines 0 890 474
Special assessments 0 78,537 59,920
Interest 407 81,337 4,969
Reimbursements 0 31,552 352,624
Miscellaneous 0 17,139 177,371
Total revenues 407 6,821,953 8,748,427
Expenditures
Current
General government 0 3,644,472 3,738,444
Public safety 0 120,692 388,632
Public works 0 983,076 1,009,723
Community development 0 99,222 212,523
Health and welfare 0 87,916 84,862
Bicentennial Center 0 1,681,770 1,768,489
Capital outlay 0 1,331,311 1,281,439
Total expenditures 0 7,948,459 8,484,112
Excess (deficiency) of revenues
over (under) expenditures 407 (1,126,506) 264,315
Other financing sources (uses)
Operating transfers in 0 561,567 399,089
Operating transfers out 0 (248,701) (255,629)
Total other financing
sources (uses) 0 312,866 143,460
Excess (deficiency) of revenues
and other sources over (under)
expenditures and other uses 407 (813,640) 407,775
Fund balances (deficit),
January 1 7,266 3,749,335 3,341,560
Fund balances (deficit),
December 31 $ 7,673 $ 2,935,695 $ 3,749,335
64
Schedule 5
Pal!e 2
Special
Heritage Housing Fair Law Police DARE
Commission Rehabilitation Housing Enforcement Grants Donations
$ 0 $ 0 $ 0 $ 0 $ 0 $ 0
0 0 0 0 152,942 0
0 0 0 0 3,554 0
0 0 0 0 0 0
0 0 0 0 0 0
238 1,362 2,551 1,898 1,996 136
0 0 20,060 0 0 0
0 0 450 0 0 8,689
238 1,362 23,061 1,898 158,492 8,825
167 236 8,269 0 0 0
0 0 0 0 120,692 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 5,330 33,144 0
167 236 8,269 5,330 153,836 0
71 1,126 14,792 (3,432) 4,656 8,825
0 50,000 0 0 98,857 9,615
0 0 0 0 (9,615) 0
0 50,000 0 0 89,242 9,615
71
51,126
14,792
(3,432)
93,898
18,440
41,808
36,667
(137,699)
o
1,493
o
1,564 $
51,126 $
56,600 $
33,235 $
(43,801) $
18,440
$
63
cant.
City of Salina, Kansas
Schedule 6
Pal!e 2
UTILITY SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Taxes
Property $ 584,193 $ 568,973 $ 15,220 $ 706,512 $ 693,599 $ 12,913
Delinquent 16,665 13,000 3,665 13,582 13,000 582
Motor vehicle 146,133 139,037 7,096 140,776 120,601 20,175
Total revenues 746,991 721,010 25,981 860,870 827,200 33,670
Expenditures
General govenunent
Gas service 82,165 78,000 (4,165) 75,269 88,000 12,731
Street lighting 277,757 295,000 17,243 278,107 295,000 16,893
Water service 96,777 121,000 24,223 106,367 121,000 14,633
Light and power 264,193 305,000 40,807 298,423 331,000 32,577
Traffic control 44,177 43,000 (1,177) 41,827 45.000 3,173
Cash reserves 0 200,000 200,000 0 135,000 135,000
Total expenditures 765,069 1,042,000 276,931 799,993 1,015,000 215,007
Excess (deficiency) of
revenues over (under)
expenditures (18,078) (320,990) 302,912 60,877 (187,800) 248,677
Fund balances,
January 1 409,667 320,990 88,677 348,790 187,800 160,990
Fund balances,
December 31 $ 391,589 $ 0 $ 391,589 $ 409,667 $ 0 $ 409,667
66
City of Salina, Kansas
Schedule 6
EMPLOYEE BENEFIT SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Taxes
Property $ 1,274,194 $ 1,241,028 $ 33,166 $ 2,119,336 $ 2,080,700 $ 38,636
Delinquent 50,335 45,000 5,335 42,852 45,000 (2,148)
Motor vehicle 440,700 417,090 23,610 476,097 411,457 64,640
Total taxes 1,765,229 1,703,118 62,111 2,638,285 2,537,157 101,128
Intergovernmental 185,000 185,000 0 185,000 185,000 0
Fees 17.352 179,000 (161,648) 0 0 0
Reimbursed expenses 3,822 0 3.822 306,808 0 306,808
Miscellaneous revenues 0 0 0 172,458 0 172,458
Total revenues 1,971,403 2,067,118 (95,715) 3,302,551 2,722,157 580,394
Expenditures
General government
Earned leave 0 60,000 60,000 21,932 60,000 38,068
Unemployment 38,167 34,684 (3,483) 25,940 30,530 4,590
Social security 445,331 548,878 103,547 415,361 437,940 22,579
Life insurance 48,843 48,520 (323) 45.691 49,490 3,799
Kansas Police and Fire
Retirement 808,577 687,000 (121,577) 693,602 700,000 6,398
Kansas Public Employees
Retirement 117,980 116,520 (1,460) 105,430 106,200 770
Health insurance 1,284,691 769,000 (515,691) 1,121,667 1,068.500 (53,167)
Dental insurance 0 230.000 230,000 0 0 0
Wellness 56,532 52,300 (4,232) 61,477 46.300 (15,177)
Other benefits 0 5,400 5,400 219 5,400 5,181
Administrative expenses 315,106 315,105 (1) 415,000 415,000 0
Cash reserve 0 800,000 800,000 0 800,000 800,000
Total expenditures 3,115,227 3,667,407 552,180 2,906,319 3.719,360 813,041
Excess (deficiency) of
revenues over (under)
expenditures (1,143,824) (1,600,289) 456.465 396,232 (997,203) 1,393,435
Fund balances,
January 1 1,595,601 1,600,289 (4,688) 1,199,369 997,203 202,166
Fund balances,
December 31 $ 451,777 $ 0 $ 451,777 $ 1,595,601 $ 0 $ 1,595,601
65
City of Salina, Kansas
Schedule 6
Pal!e 4
BUSINESS IMPROVEMENT DISTRICT SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Fines $ 890 $ 0 $ 890 $ 474 $ 0 $ 474
Special assessments 76,570 80,000 (3,430) 73,553 75,000 (1,447)
Use or money and property 158 0 158 0 0 0
Total revenues 77,618 80,000 (2,382) 74,027 75,000 (973)
Expenditures
General government
Contractual 63,242 67,160 3,918 61,569 61,569 0
Other services and charges 100 0 (100) 0 0 0
Total expenditures 63,342 67,160 3,818 61,569 61,569 0
Excess of revenues
over expenditures 14,276 12,840 1,436 12,458 13,431 (973)
Other financing sources
(uses)
Operating transfers out (17,000) (17,000) 0 (17,000) (17,000) 0
Excess (deficiency) of
revenues over (under)
expenditures and other uses (2,724) (4,160) 1,436 (4,542) (3,569) (973)
Fund balances,
January I 3,187 4,160 (973) 7,729 3,569 4,160
Fund balances,
December 31 $ 463 $ 0 $ 463 $ 3,187 $ 0 $ 3,187
68
City of Salina, Kansas
Schedule 6
Pal!e 3
SPECIAL LIABILITY SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Taxes
Property $ 10,248 $ 10,000 $ 248 $ 330,729 $ 324,784 $ 5,945
Delinquent 6,789 473 6,316 6,305 7,300 (995)
Motor vehicle 68,908 65,106 3,802 77,521 67,095 10,426
Total revenues 85,945 75,579 10,366 414,555 399,179 15,376
Expenditures
General government
Administrative expenses 86,603 140,000 53,397 396,999 397,000 1
Cash reserve 0 16,228 16,228 0 60,000 60,000
Total expenditures 86,603 156,228 69,625 396,999 457,000 60,001
Excess (deficiency) of
revenues over (under)
expenditures (658) (80,649) 79,991 17,556 (57,821) 75,377
Fund balances,
January 1 96,026 80,649 15,377 78,470 57,821 20,649
Fund balances,
December 31 $ 95,368 $ 0 $ 95,368 $ 96,026 $ 0 $ 96,026
67
City of Salina, Kansas
SPECIAL PARKS AND RECREA nON SPECIAL REVENUE FUND
Schedule 6
Pal!e 6
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Intergovernmental $ 87,916 $ 82,500 $ 5,416 $ 84,862 $ 87,333 $ (2,471)
Use of money and property 5,573 0 5,573 0 0 0
Miscellaneous 8,000 0 8,000 0 0 0
Total revenues 101,489 82,500 18,989 84,862 87,333 (2,471)
Expenditures
Capital outlay 122,697 82,500 (40,197) 70,657 88,000 17,343
Cash reserve 0 67,325 67,325 0 87,333 87,333
Total expenditures 122,697 149,825 27,128 70,657 175,333 104,676
Excess (deficiency) of revenues
over (under) expenditures (21,208) (67,325) (21,712) 14,205 (88,000) (107,147)
Fund balances,
January I 99,030 67,325 31,705 84,825 88,000 (3,175)
Fund balances,
December 31 $ 77,822 $ 0 $ 77,822 $ 99,030 $ 0 $ 99,030
70
City of Salina, Kansas
Schedule 6
Pal!e 5
TOURISM AND CONVENTION SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Taxes
Transient guest $ 592,715 $ 715,000 $ (122,285) $ 596,573 $ 715,000 $ (118,427)
Use of money and property 1,765 0 1,765 0 0 0
Total revenues 594,480 715,000 (120,520) 596,573 715,000 ( 118,427)
Expenditures
General government
Contractual 370,629 429,000 58,371 357,944 429,000 71,056
Excess of revenues
over expenditures 223,851 286,000 (62,149) 238,629 286,000 (47,371)
Other fmancing sources
(uses)
Operating transfers out (222,086) (286,000) 63,914 (238,629) (286,000) 47,371
Excess of revenues over
expenditures and other uses 1,765 0 1,765 0 0 0
Fund balances,
January 1 0 0 0 0 0 0
Fund balances,
December 31 $ 1,765 $ 0 $ 1,765 $ 0 $ 0 $ 0
69
City of Salina, Kansas
Schedule 6
Pal!e 8
SPECIAL GAS TAX SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
IntergovernrnenUd $ 1,367,135 $ 1,300,000 $ 67,135 $ 1,322,972 $ 1,300,000 $ 22,972
Use of money and property 38,044 0 38,044 0 0 0
Miscellaneous revenues 0 0 0 4,353 0 4,353
Total revenues 1,405,179 1,300,000 105,179 1,327,325 1,300,000 27,325
Expenditures
Public works
Supplies 167,882 153,600 (14,282) 174,713 144,090 (30,623 )
Other services 40,654 39,161 (1,493) 44,488 36,000 (8,488)
CapiUd outlay 1,130,613 1.091,000 (39,613) 1,167,239 1,153,000 (14,239)
Cash reserve 0 300,880 300,880 0 434,623 434,623
Total expenditures 1,339,149 1,584,641 245,492 1,386,440 1,767,713 381,273
Excess (deficiency) of
revenues over (under)
expenditures 66,030 (284,641) 350,671 (59,115) (467,713) 408,598
Other fmancing sources
(uses)
Operating transfers out 0 (5,275) 5,275 0 0 0
Excess (deficiency) of
revenues over (under)
expenditures and other uses 66,030 (289,916) 355,946 (59,115) (467,713) 408,598
Fund balances,
January I 374,891 289,916 84,975 434,006 467.713 (33,707)
Prior year cancelled encumbrances 3,086 0 3,086 0 0 0
Fund balances,
December 31 $ 444,007 $ 0 $ 444,007 $ 374,891 $ 0 $ 374,891
72
City of Salina, Kansas
Schedule 6
Pal!e 7
SPECIAL ALCOHOL SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
Total revenues
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
$ 87,916 $ 87,333 $ 583 $ 84,862 $ 87,333 $ (2,471)
369 0 369 0 0 0
88,285 87,333 952 84,862 87,333 (2,471)
Revenues
lntergovernInen~
Use of money and property
Expenditures
Health and welfare
Contractual
87,916
87,333
(583)
84,862
89,066
4,204
Excess (deficiency) of revenues
over (under) expenditures
369
o
369
o
(1,733)
1,733
Fund balances,
January I
1,733
(1,733)
o
o
o
o
Fund balances,
December 31
$
369 $
o $
369 $
o $
o $
o
71
City of Salina, Kansas
DEBT SERVICE FUND
The debt service fund is used to account for the accumulation of resources and payment of general
obligation bond principal and interest from governmental resources and special assessment bond principal
and interest from special assessment levies when the City is obligated in some manner for the payment.
74
City of Salina, Kansas
Schedule 6
Pal!e 9
BICENTENNIAL CENTER SPECIAL REVENUE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 625,353 $ 698,000 $ (72,647) $ 710,577 $ 674,000 $ 36,577
Use of money and property 21,353 0 21,353 0 0 0
Total revenues 646,706 698,000 (51,294) 710,577 674,000 36,577
Expenditures
Bicentennial Center
Personal services 535,404 582,182 46,778 522,895 543,193 20,298
Supplies 0 53,595 53,595 50,989 50,200 (789)
Contractual 0 8,039 8,039 50 2,000 1,950
Other services and charges 441,729 397,177 (44,552) 341,407 338,300 (3,107)
Capital outlay 76,866 108,500 31,634 71,263 117,200 45,937
Cash reserve 0 234,429 234,429 0 309,980 309,980
Total expenditures 1,053,999 1,383,922 329,923 986,604 1,360,873 374,269
Excess (deficiency) of
revenues over (under)
expenditures (407,293) (685,922) 257,276 (276,027) (686,873) 410,846
Other financing sources
Operating transfers in 322,086 386,000 (63,914) 338,629 386,000 (47,371)
Excess (deficiency) of
revenues and other sources
over (under) expenditures (85,207) (299,922 ) 193,362 62,602 (300,873) 363,475
Fund balances.
January 1 401,635 308,639 92,996 339,033 300,873 38,160
Fund balances,
December 31 $ 316,428 $ 8,717 $ 307,711 $ 401,635 $ 0 $ 401,635
73
City of Salina, Kansas
Schedule 8
DEBT SERVICE FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Revenues
Taxes $ 2,602,086 $ 1,461,418
Special assessments 1,048,863 1,131,852
Use of money and property 86,395 85,360
Miscellaneous 5,593 0
Total revenues 3,742,937 2,678,630
Expenditures
Debt service
Principal 3,443,464 2,135,766
Interest and other charges 598,844 531,272
Total expenditures 4,042,308 2,667,038
Excess (deficiency) of revenues
over (under) expenditures (299,371) 11,592
Other financing sources
Bond proceeds 50,000 0
Excess (deficiency) of revenues and other
sources over (under) expenditures (249,371) 11,592
Fund balances, January 1 1,052,539 1,024,020
Residual equity transfer in 64,591 16,927
Fund balances, December 31 $ 867,759 $ 1,052,539
76
City of Salina, Kansas
Schedule 7
BOND AND INTEREST DEBT SERVICE FUND
COMPARATIVE BALANCE SHEETS
December 31,1997 and 1996
ASSETS 1997 1996
Cash and investments $ 867,759 $ 1,052,539
Cash with fiscal agent 104,790 55,839
Receivables
Taxes 1,138,685 2,289,301
Total assets $ 2, III ,234 $ 3,397,679
LIABILITIES AND FUND BALANCES
Liabilities
Deferred revenue $ 1,138,685 $ 2,289,301
Matured principal and interest payable 104,790 55,839
Total liabilities 1,243,475 2,345,140
Fund balances
Unreserved
Designated for debt service 867,759 1,052,539
Total liabilities and
fund balances $ 2,111,234 $ 3,397,679
75
City of Salina, Kansas
CAPITAL PROJECTS FUND
The capital projects fund is used to account for the acquisition and construction of major capital facilities
other than those financed by proprietary funds and trust funds.
78
City of Salina, Kansas
Schedule 9
BOND AND INTEREST DEBT SERVICE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Taxes
Property $ 2,350,311 $ 2,289,301 $ 61,010 $ 1,020,694 $ 1,002,081 $ 18,613
Delinquent 32,010 36,651 (4,641) 30,516 39,000 (8,484 )
Motor vehicle 219,765 200,875 18,890 410,208 357,917 52,291
Total taxes 2,602,086 2.526,827 75,259 1,461,418 1,398,998 62,420
Special assessments 1,048,863 963,000 85,863 1,131,852 871,000 260,852
Use of money and property 86,395 59,915 26,480 85,360 0 85,360
Miscellaneous 5,593 0 5,593 0 0 0
Total revenues 3,742,937 3,549,742 193,195 2,678,630 2,269,998 408,632
Expenditures
Debt service
Principal 3,443,464 2.934,128 (509,336) 2,135.766 2,195,766 60,000
Interest 598,127 919,514 321,387 530,574 566,576 36,002
Commission and postage 717 1,000 283 698 1,000 302
Cash reserve 0 403,776 403,776 0 400,000 400,000
Total expenditures 4,042,308 4,258,418 216,110 2,667,038 3,163,342 496,304
Excess (deficiency) of
revenues over (under)
expenditures (299,371) (708,676) 409,305 11,592 (893,344) 904.936
Other financing sources
Bond proceeds 50,000 0 50,000 0 0 0
Excess (deficiency) of revenues
and other sources over (under)
expenditures (249,371) (708,676) 459,305 1l,592 (893,344) 904,936
Fund balances,
January I 1,052,539 633,676 418,863 1,024,020 893,344 130,676
Residual equity transfer in 64,591 75,000 (10,409) 16,927 0 16,927
Fund balances,
December 31 $ 867,759 $ 0 $ 867,759 $ 1,052,539 $ 0 $ 1,052,539
77
City of Salina, Kansas
Schedule 11
CAPITAL PROJECTS FUND
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Revenues
Intergovernmental $ 807 $ 0
Use of money and property 70,113 98,016
Reimbursements 122,550 63,669
Total revenues 193,470 161,685
Expenditures
Capital outlay
Contractual 308,805 81,514
Capital outlay 1,990,923 7,044,562
Debt service
Temporary note payments 4,850,000 520,000
Interest expense 158,456 40,116
Bond issuance costs 22,349 27,731
Total expenditures 7,330,533 7,713,923
Excess (deficiency) of revenues
over (under) expenditures (7,137,063) (7,552,238)
Other financing sources
Bond and temporary note proceeds 10,110,000 6,897,000
Excess (deficiency) of revenues and
other sources over (under) expenditures 2,972,937 (655,238)
Fund balances (deficit), January 1 (294,038) 366,963
Residual equity transfers in 416,899 11,164
Residual equity transfers out (308,825) (16,927)
Fund balances (deficit), December 31 $ 2,786,973 $ (294,038)
80
City of Salina, Kansas
Schedule 10
CAPITAL PROJECTS FUND
COMPARATIVE BALANCE SHEETS
December 31, 1997 and 1996
ASSETS 1997 1996
Cash and investments $ 2,826,977 $ 0
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 5,142 $ 26
Retainage payable 34,862 28,089
Due to funds 0 265,923
Total liabilities 40,004 294,038
Fund balances
Reserved for encumbrances 1,194,259 663,412
Unreserved
Undesignated (deficit) 1,592,714 (957,450)
Total fund balances (deficit) 2,786,973 (294,038)
Total liabilities and fund balances $ 2,826,977 $ 0
79
City of Salina, Kansas
ENTERPRISE FUNDS
COMB~GBALANCESHEET
December 31, 1997
(With comparative totals for December 31, 1996)
Solid Waste
ASSETS Sanitation Disposal
Cash and investments $ 502,939 $ 1,390,335
Receivables
Accounts 80,382 176,757
Interest 0 0
Inventory and prepaid supplies 0 0
Restricted cash and investments 0 0
Fixed assets
Land 18,000 120,000
Land improvement 0 4,701,221
Water plant and equipment 0 0
Sewerage plant and equipment 0 0
Equipment 638,560 269,807
Vehicles 312,103 1,023,657
Buildings 0 350,381
Construction in process 0 0
Accumulated depreciation (707,656) (1,350,980)
Deferred charges 0 20,338
Total assets $ 844,328 $ 6,701,516
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 3,685 $ 113,237
Retainage payable 0 0
Accrued compensated absences 100,391 21,635
Meter deposits payable 0 0
Payable from restricted assets
Accrued interest payable 0 19,445
Revenue bonds payable - current 0 0
General obligation bonds payable - current 0 241,816
Temporary notes payable - current 0 700,000
General obligation bonds payable 0 1,343,642
Revenue bonds payable 0 0
Temporary notes payable 0 0
Landfill closure and postclosure 0 976,002
Deferred revenue 0 0
Total liabilities 104,076 3,415,777
Equity
Contributed capital 5,187 86,440
Retained Earnings
Reserved for encumbrances 0 48,697
Reserved for bond retirement 0 0
Reserved for postclosure care costs 0 92,520
Unreserved . 735,065 3,058,082
Total equity 740,252 3,285,739
Total liabilities and equity $ 844,328 $ 6,701,516
82
City of Salina, Kansas
ENTERPRISE FUNDS
Enterprise funds are used to account for operations that are financed and operated in a manner similar to
private business enterprises, where the intent of the governing body is that the costs of providing goods or
services to the general public on a continuing basis be financed or recovered primarily through user
charges; or where the governing body has decided that periodic determination of net income is appropriate
for accountability purposes.
Sanitation fund - To account for the operations of the City's refuse collection service.
Solid waste fund - To account for the activities of the City's landfill.
Golf course ~und - To account for the operations of the municipal golf course.
Water and sewer fund - To account for the activities of the City's water and sewer operations.
81
City of Salina, Kansas
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Solid Waste
Sanitation Disposal
Operating revenues
Intergovernmental $ 0 $ 30,724
Charges for services 1,229,738 2,401,296
Miscellaneous 572 20,037
Total operating revenues 1,230,310 2,452,057
Operating expenses
Public works 1,318,495 920,286
Recreation 0 0
Depreciation 53,208 365,960
Total operating expenses 1,371,703 1,286,246
Operating income (loss) (141,393) 1,165,811
Nonoperating revenues (expenses)
Use of money and property 33,486 61,254
Bond issuance costs 0 (5,857)
Debt service 0 (117,333)
Loss on disposition of fixed assets 0 (215)
Total nonoperating revenues (expenses) 33,486 (62,151)
Net income (loss) (107,907) 1,103,660
Retained earnings, January 1 842,972 2,792,170
Restatement 0 (696,531)
Residual equity transfer out 0 0
Retained earnings, December 31 $ 735,065 $ 3,199,299
84
Schedule 12
Total
Golf Course Water and
Division Sewer 1996 1996
$ 131,985 $ 10,568,614 $ 12,593,873 $ 14,141,848
0 520,750 777,889 710,485
0 38,443 38,443 61,071
25,801 428,023 453,824 402,707
0 11,601,880 11,601,880 10,667,462
15,000 361,050 514,050 514,050
184,938 0 4,886,159 4,886,159
0 31,895,409 31,895,409 29,710,884
0 36,774,426 36,774,426 36,732,905
691,254 519,934 2,119,555 2,093,451
18,429 0 1,354,189 1,323,801
225,231 0 575,612 575,612
2,735 3,378,881 3,381,616 2,849,177
(857,701) (26,234,255) (29,150,592) (26,597,002)
0 465,513 485,851 531,413
$ 437,672 $ 70,318,668 $ 78,302,184 $ 78,604,023
$ 4,062 $ 196,502 $ 317,486 $ 322,763
0 46,425 46,425 75,040
28,570 312,325 462,921 410,168
0 81,300 81,300 78,656
9,250 347,739 376,434 396,241
0 1,085,000 1,085,000 1,015,000
32,700 0 274,516 248,523
0 0 700,000 695,000
267,156 0 1,610,798 1,625,320
0 32,790,000 32,790,000 33,875,000
0 0 0 700,000
0 0 976,002 460,929
0 0 0 14,367
341,738 34,859,291 38,720,882 39,917,007
1,700 8,385,683 8,479,010 8,469,660
0 1,397,522 1,446,219 2,616,336
0 3,501,554 3,501,554 4,294,494
0 0 92,520 45,000
94,234 22,174,618 26,061,999 23,261,526
95,934 35,459,377 39,581,302 38,687,016
$ 437,672 $ 70,318,668 $ 78,302,184 $ 78,604,023
83
City of Salina, Kansas
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Solid Waste
Sanitation Disposal
Cash flows from operating activities
Cash received from customers and users $ 1,222,203 $ 2,373,577
Cash paid to suppliers and employees (1,171,527) (1,101,108)
Cash paid for quasi-external transactions (132,624) 0
Operating grant receipts 0 30,724
Other operating receipts 572 20,037
Net cash provided by (used in) operating
activities (81,376) .. 1,323,230
Cash flows from capital and related
financing activities
Purchase and construction of fixed assets (57,525) (8,258)
Proceeds from issuance of debt 0 0
Principal payments - temporary notes 0 (695,000)
Principal payments - general obligation bonds 0 (241,829)
Principal payments - revenue bonds 0 0
Interest paid 0 (127,849)
Contributed capital 0 0
Net cash provided by (used in) capital and
related financing activities (57,525) (1,072,936)
Cash flows from investing activities
Interest received 33,486 66,525
Cash flows from noncapital
financing activities
Transfers to other funds 0 0
Net increase (decrease) in cash and
cash equivalents (105,415) 316,819
Cash and cash equivalents, January 1 608,354 1,073,516
Cash and cash equivalents, December 31 $ 502,939 $ 1,390,335
Cash and investments $ 502,939 $ 1,390,335
Restricted cash and investments 0 0
Total cash and cash equivalents $ 502,939 $ 1,390,335
86
Schedule 13
Total
Golf Course Water and
Division Sewer 1997 1996
$ 0 $ 14,367 $ 45,091 $ 142,695
782,162 10,411,919 14,825,115 14,143,119
0 16,123 36,732 45,186
782,162 10,442,409 14,906,938 14,331,000
0 6,714,541 8,953,322 8,900,247
685,819 0 685,819 646,314
48,358 2,187,889 2,655,415 2,397,355
734,177 8,902,430 12,294,556 11,943,916
47,985 1,539,979 2,612,382 2,387,084
0 1,329,321 1,424,061 1,245,809
0 (39,705) (45,562) (45,562)
(10,530) (2,010,992) (2,138,855) (2,150,710)
(8,922) (1,422) (10,559) (16,551)
(19,452) (722,798) (770,915) (967,014)
28,533 817,181 1,841,467 1,420,070
325,701 26,256,513 30,217,356 28,797,286
0 0 (696,531) 0
(260,000) 0 (260,000) 0
$ 94,234 $ 27,073,694 $ 31,102,292 $ 30,217,356
85
City of Salina, Kansas
ENTERPRiSE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Solid Waste
Disposal
Reconciliation of operating income (loss)
to net cash provided by (used in) operating
activities
Sanitation
Operating income (loss)
$
(141,393) $
1,165,811
Adjustments to reconcile operating income
(loss) to net cash provided by (used in)
operating activities
Depreciation expense
(Increase) decrease in accounts receivable
(Increase) decrease in inventory
Increase (decrease) in accounts payable
Increase (decrease) in retainage 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
Increase (decrease) in deferred revenue
Net cash provided by (used in)
operating activities
53,208 365,960
(7,535) (27,719)
0 0
3,300 1,067
0 0
11,044 (431)
0 0
0 0
0 (181,458)
0 0
$ (81,376) $ 1,323,230
88
Schedule 14
Total
Golf Course Water and
Division Sewer 1997 1996
$ 782,162 $ 10,368,046 $ 14,745,988 $ 14,125,942
(388,678) (6,167,909) (8,829,222) (9,896,435)
(293,092) (597,917) (1,023,633) 0
0 14,367 45,091 142,695
0 16,123 36,732 45,186
100,392 3,632,710 4,974,956 4,417,388
(36,202) (2,816,026) (2,918,011) (3,159,280)
260,000 0 260,000 0
0 0 (695,000) (765,000)
(6,700) 0 (248,529) (248,234)
0 (1,015,000) (1,015,000) (955,000)
(1,805) (2,029,008) (2,158,662) (2,294,849)
0 0 0 570,068
215,293 (5,860,034) (6,775,202) (6,852,295)
0 1,346,678 1,446,689 1,251,508
(260,000) 0 (260,000) 0
55,685 (880,646) (613,557) (1,183,399)
76,300 23,051,140 24,809,310 25,992,709
$ 131,985 $ 22,170,494 $ 24,195,753 $ 24,809,310
$ 131,985 $ 10,568,614 $ 12,593,873 $ 14,141,848
0 11,601,880 11,601,880 10,667,462
$ 131,985 $ 22,170,494 $ 24,195,753 $ 24,809,310
87
cont.
City of Salina, Kansas
Schedule 15
SANITATION ENTERPRiSE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 1,222.203 $ 1,175,000 $ 47,203 $ 1,121.376 $ 1,020,000 $ 101,376
Use of money and property 33,487 25,000 8,487 29,284 25,000 4,284
Miscellaneous 572 999 (427) 2,570 1,000 1,570
Total revenues 1,256,262 1,200,999 55,263 1,153,230 1,046,000 107,230
Expenditures
General government
Administrative expense 132,624 104,520 (28,104 ) 99,475 99,475 0
Public works
pen;onal services 589,202 558,692 (30,510) 538,835 522,510 (16,325)
Supplies 0 147,700 147,700 141,711 134,900 (6,811)
Contractual 0 44,604 44,604 15,264 15,800 536
Other services and charges 585,378 444,110 (141,268) 316,560 238,000 (78,560)
Capital outlay 57,773 66,800 9,027 53,701 45,700 (8,001)
Cash reserve 0 394,473 394,473 0 539,826 539,826
Total expenditures 1,364,977 1,760,899 395,922 1,165,546 1,596,211 430,665
Excess (deficiency) of
revenues over (under)
expenditures (108,715) (559,900) 451,185 (12,316) (550,211) 537,895
Fund balances,
January 1 607,969 559,900 48,069 620,285 550,211 70,074
Fund balances,
December 31 $ 499,254 $ 0 $ 499,254 $ 607.969 $ 0 $ 607,969
90
48,358 2,187,889 2,655,415 2,397,355
0 (32,150) (67,404) (24,781)
1,120 (52,237) (51,117) (57,320)
(4,105) (5,539) (5,277) (63,799)
0 (28,615) (28,615) 75,040
7,034 35,106 52,753 30,087
0 2,644 2,644 (6,763)
0 0 0 (162,516)
0 0 (181,458) (171,366)
0 (14,367) (14,367) 14,367
$ 100,392 $ 3,632,710 $ 4,974,956 $ 4,417,388
Golf Course
Division
$
47,985 $
Schedule 14
Pal!e 2
Total
Water and
Sewer
1997
1996
1,539,979 $
2,612,382 $
2,387,084
89
City of Salina, Kansas
Schedule 15
Pal!e 3
GOLF COURSE DIVISION ENTERPRISE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 782,162 $ 641,668 $ 140,494 $ 654,851 $ 597,400 $ 57,451
Use of money and property 0 5,000 (5,000) 4,677 3,000 1,677
Reimbursements 0 200 (200) 45 200 (155)
Miscellaneous 0 4,000 (4,000) 2,785 2,000 785
Total revenues 782,162 650,868 131,294 662,358 602,600 59,758
Expenditures
General government
Administrative expenses 33,092 30,188 (2,904) 30,581 30,581 0
Recreation
Personal services 298,230 274,006 (24,224) 282,919 270,022 (12,897)
Supplies 0 97,900 97,900 112,100 94,000 (18,100)
Contractual 0 26,904 26,904 26,242 20,500 (5,742)
Other services and charges 342,090 167,900 (174,190) 205,141 137,150 (67,991)
Capital outlay 40,456 50,000 9,544 54,617 71,600 16,983
Debt service
Principal 6,707 21,707 15,000 6,707 6,707 0
Interest 1,798 9,100 7,302 2,100 2,100 0
Cash reserve 0 86,005 86,005 0 87,940 87,940
Total expenditures 722,373 763,710 41,337 720,407 720,600 193
Excess (deficiency) of revenues
over (under) expenditures 59,789 (112,842) 172,631 (58,049) ( 118,000) 59,951
Fund balances,
January 1 68,133 92,842 (24,709) 104,902 100,000 4,902
Fund balances,
December 31 $ 127,922 $ (20,000) $ 147,922 $ 46,853 $ (18,000) $ 64,853
92
City of Salina, Kansas
Schedule 15
Pal!e 2
SOLID WASTE DISPOSAL DIVISION ENTERPRISE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Intergovernmental $ 30,724 $ 0 $ 30,724 $ 31,142 $ 0 $ 31,142
Charges for services 2,490,052 2,509,200 (19,148) 1,884,475 1,845,000 39.475
Use of money and property 60,522 35,000 25,522 37,039 35,000 2,039
Reimbursements 0 0 0 15 0 15
Miscellanaeous 20,037 19,967 70 20,686 10,000 10,686
Total revenues 2,601,335 2,564,167 37,168 1,973,357 1,890,000 83,357
Expenditures
General government
Administrative expenses 110,991 102,394 (8,597) 58,756 103,756 45,000
Public works
Personal services 316,181 349,843 33,662 291,382 326,630 35,248
Supplies 0 160,440 160,440 166,566 154,850 (11,716)
Contractual 0 238,897 238,897 23,315 147,300 123,985
Other services and charges 518,757 393,220 (125,537) 437,856 355.250 (82,606)
Capital outlay 9,343 396,800 387,457 4,813 5,700 887
Debt service
Principal 936,829 956,573 19,744 1,006,527 1,006,525 (2)
Interest 127,821 107,356 (20,465) 197,923 223,854 25,931
Commission and postage 29 0 (29) 27 0 (27)
Cash reserve 0 412,803 412,803 0 542,867 542,867
Total expenditures 2,019,951 3,118,326 1,098,375 2,187,165 2,866,732 679,567
Excess (deficiency) of
revenues over (under)
expenditures 581,384 (554,159) 1,135,543 (213,808) (976,732) 762,924
Other fmancing sources (uses)
Operating transfers out (45,000) 0 (45,000) (45,000) 0 (45,000)
Excess (deficiency) of revenues
over (under) expenditures
and other uses 536,384 (554.159) 1,090,543 (258,808) (976,732) 717,924
Fund balances,
January I 699,216 554,159 145,057 958,024 976,732 (18,708)
Prior year cancelled
encumbrances 1,698 0 1,698 0 0 0
Fund balances,
December 31 $ 1,237,298 $ 0 $ 1,237,298 $ 699,216 $ 0 $ 699,216
91
This page left blank intentionally.
City of Salina, Kansas
Schedule 15
Pal!e 4
WATER AND SEWER ENTERPRISE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 11,370,161 $ 10,696,900 $ 673,261 $ 10,429,592 $ 9,958,000 $ 471,592
Use of money and property 315.613 300,000 15,613 283,723 300,000 (16,277)
Miscellaneous 16,123 50,000 (33,877) 19,085 100,000 (80,915)
Total revenues 11,701,897 11,046,900 654,997 10,732,400 10.358,000 374,400
Expenditures
General government
Administrative expenses 597,917 367,379 (230,538) 500,824 500,824 0
Public works
Personal services 2,596,584 2,536,776 (59,808) 2,422,112 2,452,460 30,348
Supplies 0 1,908.450 1,908,450 1,675,236 1,771,950 96,714
Contractual 0 687,538 687,538 534,507 761,000 226,493
Other services and charges 3,328,381 1,231,400 (2,096.981) 1,260,608 1,208,550 (52,058)
Capital outlay 1,507,058 1,947,300 440,242 3,136,381 1,501,000 (1,635,381)
Debt service
Conunission and postage 781 1,000 219 756 1,000 244
Cash reserves 0 4,791,886 4,791,886 0 5,477,614 5,477,614
Total expenditures 8,030,721 13,471,729 5,441,008 9,530,424 13,674,398 4,143,974
Excess (deficiency) of
revenues over (under)
expenditures 3,671,176 (2,424,829) 6,096,005 1,201,976 (3,316,398) 4,518,374
Other financing sources (uses)
Operating transfers out (2,270,600) (2,476,736) 206,136 (2,520,611 ) (2,481,475) (39,136)
Excess (deficiency) of
revenues over (under)
expenditures and other uses 1,400.576 (4,901.565) 6,302,141 (1,318,635) (5,797,873) 4,479,238
Fund balances,
January 1 3,793,837 5,125,213 (1,331,376) 5,112,472 5,797,873 (685,401)
Prior year cancelled
encumbrances 102,739 0 102,739 0 0 0
Fund balances,
December 31 $ 5,297,152 $ 223,648 $ 5,073,504 $ 3,793,837 $ 0 $ 3,793,837
93
Cash and investments
Receivables
Deposits
Inventory
Fixed assets
Equipment
Vehicles
Buildings
Accumulated depreciation
Total assets
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
December 31, 1997
(With comparative totals for December 31, 1996)
ASSETS
LIABILITIES AND EQUITY
Liabilities
Accounts payable
Accrued compensated absences
Accrued claims payable
Total liabilities
Equity
Contributed capital
Retained earnings (deficit)
Unreserved
Total liabilities and equity
95
Worker's
Risk Compensation
Management Reserve
$ 470,858 $ 1,535,209
0 19,132
0 0
0 0
0 0
0 0
0 0
$ 470,858 $ 1,554,341
$ 4,797 $ 56
0 0
0 42,881
4,797 42,937
0 0
466,061 1,511,404
$ 470,858 $ 1,554,341
City of Salina, Kansas
INTERNAL SERVICE FUNDS
Internal service funds are used to account for the financing of goods or services provided by one agency to
other departments or agencies of the government and to other governmental units on a cost reimbursement
basis.
Risk management fund - To account for the accumulation and allocation of costs associated with risk
management activities and the purchase of various forms of insurance.
Workers' compensation reserve fund - To account for the costs of providing a partially self-insured
workers' compensation plan and for accumulating the necessary reserve amounts.
Health insurance fund - To account for the costs of providing a partially self-insured health insurance and
for accumulating the necessary reserve amounts.
Central garage fund - To account for the accumulation and allocation of costs associated with the City's
centralized vehicle repair shop.
Information services fund - To account for the accumulation and allocation of costs associated with
electronic data processing.
94
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Worker's
Risk Compensation
Management Reserve
Operating revenues
Charges for services $ 86,603 $ 419,601
Reimbursements 73,676 0
Miscellaneous 0 0
Total operating revenues 160,279 419,601
Operating expenses
General government 342,465 117,056
Depreciation 0 0
Total operating expenses 342,465 117,056
Operating income (loss) (182,186) 302,545
Nonoperating revenues (expenses)
Use of money and property 28,954 79,248
Gain (loss) on disposition of fixed assets 0 0
Total nonoperating revenues (expenses) 28,954 79,248
Net income (loss) (153,232) 381,793
Retained earnings, January 1 619,293 1,129,611
Retained earnings (deficit), December 31 $ 466,061 $ 1,511,404
97
Schedule 16
Total
Health Central Information
Insurance Garage Services 1997 1996
$ 440,730 $ 40,744 $ 186,561 $ 2,674,102 $ 2,080,330
0 0 0 19,132 0
0 50,351 0 50,351 53,447
0 125,094 957,448 1,082,542 1,017,405
0 15,911 0 15,911 15,911
0 22,072 0 22,072 22,072
0 (121,712) (593,942) (715,654) (559,180)
$ 440,730 $ 132,460 $ 550,067 $ 3,148,456 $ 2,629,985
$ 23,067 $ 13,811 $ 42,969 $ 84,700 $ 45,228
0 21,989 17,118 39,107 35,528
345,000 0 0 387,881 128,986
368,067 35,800 60,087 511,688 209,742
0 16,611 508,435 525,046 525,046
72,663 80,049 (18,455) 2,111,722 1,895,197
$ 440,730 $ 132,460 $ 550,067 $ 3,148,456 $ 2,629,985
96
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Net cash provided by (used for)
operating activities
Worker's
Risk Compensation
Management Reserve
$ 73,676 $ 0
86,603 400,469
(341,934) (215,564)
(805) (728)
0 0
(182,460) 184,177
Cash flows from operating activities
Cash received from customers
Cash received from quasi-external transactions
Cash paid to suppliers and employees
Cash paid for quasi-external transactions
Other operating receipts
Cash flows from capital and related
financing activities
Purchase of fixed assets
Proceeds from sales of fixed assets
Contributed capital
Net cash provided by (used for) capital and
related financing activities
0 0
0 0
0 0
0 0
28,954 79,248
(153,506) 263,425
624,364 1,271,784
$ 470,858 $ 1,535,209
Cash flows from investing activities
Interest received
Net increase (decrease) in cash and
cash equivalents
Cash and cash equivalents, January 1
Cash and cash equivalents, December 31
99
Schedule 17
Total
Health Central Information
Insurance Garage Services 1997 1996
$ 2,357,382 $ 755,557 $ 565,833 $ 4,184,976 $ 2,058,288
0 9,974 87,750 171,400 245,998
0 0 8,052 8,052 3,595
2,357,382 765,531 661,635 4,364,428 2,307,881
2,309,082 789,530 578,675 4,136,808 1,609,424
0 5,696 150,778 156,474 150,612
2,309,082 795,226 729,453 4,293,282 1,760,036
48,300 (29,695) (67,818) 71,146 547,845
24,363 2,185 10,629 145,379 0
0 0 0 0 (26,587)
24,363 2,185 10,629 145,379 (26,587)
72,663 (27,510) (57,189) 216,525 521,258
0 107,559 38,734 1,895,197 1,373,939
$ 72,663 $ 80,049 $ (18,455) $ 2,111,722 $ 1,895,197
98
City of Salina, Kansas
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Worker's
Risk Compensation
Management Reserve
Reconciliation of operating income (loss)
to net cash provided by (used for)
operating activities
Operating income (loss) $ (182,186) $ 302,545
Adjustments to reconcile operating income
(loss) to net cash provided by (used for)
operating activities
Depreciation expense 0 0
(Increase) decrease in deposits receivable 0 (19,132)
(Increase) decrease in inventory 0 0
Increase (decrease) in accounts payable 1,268 (13,131)
Increase (decrease) in accrued compensated absences (1,542) 0
Increase (decrease) in claims payable 0 (86,105)
Net cash provided by (used for)
operating activities $ (182,460) $ 184,177
101
Schedule 18
Total
Health Central Information
Insurance Garage Services 1997 1996
$ 2,357,382 $ 765,531 $ 245,617 $ 3,442,206 $ 2,343,979
0 0 407,966 895,038 0
(1,941,015) (787,289) (513,495) (3,799,297) (1,661,305)
0 (7,348) (23,588) (32,469) 0
0 0 8,052 8,052 3,595
416,367 (29,106) 124,552 513,530 686,269
0 (1,753) (63,384) (65,137) (87,006)
0 0 0 0 293
0 0 0 0 65,391
0 (1,753) (63,384) (65,137) (21,322)
24,363 2,185 10,629 145,379 0
440,730 (28,674) 71,797 593,772 664,947
0 69,418 114,764 2,080,330 1,415,383
$ 440,730 $ 40,744 $ 186,561 $ 2,674,102 $ 2,080,330
100
cont.
City of Salina, Kansas
Schedule 19
RISK MANAGEMENT RESERVE INTERNAL SERVICE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 86,603 $ 140,000 $ (53,397) $ 513,337 $ 513,338 $ (I)
Use of money and property 28,954 0 28,954 0 0 0
Reimbursements 73,676 298 73,378 21,923 0 21,923
Total revenues 189,233 140,298 48,935 535,260 513,338 21,922
Expenditures
General government
Personal services 0 0 0 33,409 63,729 30,320
Supplies 0 2,200 2,200 2,507 1,900 (607)
Contractual 0 351,805 351,805 301,429 440,000 138,571
Other services and charges 344,007 3,300 (340,707) 3,441 5,300 1,859
Capital outlay 0 1,500 1,500 1,284 1,500 216
Cash reserve 0 315,047 315,047 0 279,051 279,051
Total expenditures 344,007 673,852 329,845 342,070 791,480 449,410
Excess (deficiency) of
revenues over (under)
expenditures (154,774) (533,554) 378,780 193,190 (278,142) 471,332
Fund balances,
January I 620,835 533,554 87,281 427,645 278,142 149,503
Fund balances,
December 31 $ 466,061 $ 0 $ 466,061 $ 620,835 $ 0 $ 620,835
103
Schedule 18
Pa2e 2
Central
Garage
Information
Services
Total
Health
Insurance
1997
1996
$
48,300 $
(29,695) $
(67,818) $
71,146 $
547,845
0 5,696 150,778 156,474 150,612
0 0 0 (19,132) 39,693
0 3,096 0 3,096 13,373
23,067 (11,249) 39,517 39,472 7,092
0 3,046 2,075 3,579 5,102
345,000 0 0 258,895 (77,448)
$ 416,367 $ (29,106) $ 124,552 $ 513,530 $ 686,269
102
City of Salina, Kansas
Schedule 19
Pa2e 3
CENTRAL GARAGE DIVISION INTERNAL SERVICE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 755,557 $ 800,000 $ (44,443) S 795,374 $ 823,802 $ (28,428)
Use of money and property 2,185 0 2,185 0 0 0
Reimbursements 9,974 2,998 6,976 11,881 0 11,881
Total revenues 767,716 802,998 (35,282) 807,255 823,802 (16,547)
Expenditures
General government
Personal services 199,900 208,741 8,841 193,614 194,945 1,331
Supplies 0 542,490 542,490 553,059 516,350 (36,709)
Contractual 0 3,172 3,172 0 0 0
Other services and charges 577,893 18,345 (559,548) 14,170 20,500 6,330
Administrative expenses 7,348 4,176 (3,172) 7,150 7,150 0
Capital outlay 0 0 0 5,860 6,000 140
Cash reserve 0 115,887 115,887 0 106,996 106,996
Total expenditures 785,141 892,811 107,670 773,853 851,941 78,088
Excess (deficiency) of
revenues over (under)
expenditures (17,425) (89,813) 72,388 33,402 (28,139) 61,541
Fund balances,
January I 44,358 89,813 (45,455) 10,956 28,139 (17,183)
Fund balances,
December 31 $ 26,933 $ 0 $ 26,933 $ 44,358 $ 0 $ 44,358
105
City of Salina, Kansas
Schedule 19
Pa2e 2
WORKMEN'S COMPENSATION RESERVE INTERNAL SERVICE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 1997 and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 419,601 $ 419,602 $ (I) $ 563,270 $ 563,270 $ 0
Use of money and property 79,248 0 79,248 0 0 0
Reimbursements 0 30,476 (30,476) 39,693 0 39,693
Total revenues 498,849 450,078 48,771 602,963 563,270 39,693
Expenditures
General government
Contractual 149,375 273,277 123,902 68,279 424,000 355,721
Cash reserve 0 0 0 0 587,381 587,381
Total expenditures 149,375 273,277 123,902 68,279 1,011,381 943,102
Excess (deficiency) of
revenues over (under)
expenditures 349,474 176,801 172,673 534,684 (448,111) 982,795
Fund balances,
January 1 1,142,704 847,290 295,414 608,020 448, 111 159,909
Prior year canceled
encumbrances 94 0 94 0 0 0
Fund balances,
December 31 $ 1,492,272 $ 1,024,091 $ 468,181 $ 1,142,704 $ 0 $ 1,142,704
104
This page left blank intentionally.
City of Salina, Kansas
Schedule 19
Pa2e 4
INFORMATION SERVICES INTERNAL SERVICE FUND
SCHEDULES OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 19967and 1996
1997 1996
Variance Variance
Favorable Favorable
Actual Budget (Unfavorable) Actual Budget (Unfavorable)
Revenues
Charges for services $ 565,833 $ 627,527 $ (61,694) $ 186,307 $ 380,161 $ (193,854)
Use of money and property 10,629 0 10,629 0 0 0
Reimbursements 87,750 0 87,750 172,500 0 172,500
Miscellaneous 50 4,086 (4,036) 3,595 0 3,595
Total revenues 664,262 631,613 32,649 362,402 380,161 (17,759)
Expenditures
General government
Personal services 305,410 319,357 13,947 224,432 247,097 22,665
Supplies 0 23,500 23,500 26,595 8,000 (18,595)
Contractual 0 19,100 19,100 1,676 19,100 17,424
Other services and charges 95,379 48,800 (46,579) 55,717 42,000 (13,717)
Administrative expenses 23,588 23,588 0 4,020 4,020 0
Capital outlay 215,607 195,000 (20,607) 60,703 53,000 (7,703)
Cash reserve 0 111,265 111,265 0 114,232 114,232
Total expenditures 639,984 740,610 100,626 373,143 487,449 114,306
Excess (deficiency) of
revenues over (under)
expenditures 24,278 (108,997) 133,275 (10,741) (107,288) 96,547
Other financing sources
Sale of assets 8,002 0 8,002 0 0 0
Excess (deficiency) of
revenues and other sources
over (under) expenditures 32,280 (108,997) 141,277 (10,741) (107,288) 96,547
Fund balances,
January 1 111,312 108,997 2,315 122,053 107,288 14,765
Fund balances,
December 31 $ 143,592 $ 0 $ 143,592 $ 111,312 $ 0 $ 111,312
106
City of Salina, Kansas
EXPENDABLE TRUST, NON-EXPENDABLE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
December 31, 1997
(With comparative totals for December 31, 1996)
Expendable
Trust Non-Expendable Trust
War Memorial
Maintenance Citizenship Cemetery Mausoleum Tricentennial
ASSETS Fund Trust Endowment Endowment Commission
Cash and investments $ 38,563 $ 0 $ 0 $ 0 $ 0
Cash and investments -
non-expendable trusts 0 15,194 175,074 21,884 3,415
Receivables
Accounts 0 0 0 0 0
Interest 0 0 0 0 85
Total assets $ 38,563 $ 15,194 $ 175,074 $ 21,884 $ 3,500
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 10 $ 0 $ 0 $ 0 $ 0
Deferred compensation
benefits payable 0 0 0 0 0
Total liabilities 10 0 0 0 0
Fund balances
Unreserved
Undesignated 38,553 15,194 175,074 21,884 3,500
Total liabilities and
fund balances $ 38,563 $ 15,194 $ 175,074 $ 21,884 $ 3,500
108
City of Salina, Kansas
TRUST AND AGENCY FUNDS
Trust funds are used to account for assets held by the government in a trustee capacity. Agency funds are
used to account for assets held by the government as an agent for individuals, private organizations, other
governments and/or other funds.
War memorial maintenance expendable trust fund - To account for monies to be used for maintenance
of the local war memorial.
Citizenship nonexpendable trust fund - To account for donated funds, the interest on which is to be used
to provide "Good Citizen" awards to deserving Salina citizens.
Cemetery endowment nonexpendable trust fund - To account for amounts expended for perpetual care
of the City cemetery. Interest earnings are used for cemetery maintenance.
Mausoleum endowment nonexpendable trust fund - To account for amounts charged for perpetual care
of the City mausoleum. Interest earnings are used for mausoleum maintenance.
Tricentennial Commission nonexpendable trust fund - To account for donations to be used to celebrate
the nation's Tricentennial in the year 2076.
Special assessment escrow agency fund - To account for property owners' prepayment on outstanding
special assessments.
Traffic signal escrow agency fund - To account for assessments on certain businesses to be used for
signalization of intersections benefiting those businesses.
Fire insurance proceeds agency fund - To account for insurance proceeds received for severely damaged
buildings. The insurance proceeds, plus interest, are returned to the property owners when the buildings
are repaired or demolished.
PEGS access agency fund - To account for revenues collected on behalf of the community access
television system for public, educational and governmental programming.
Payroll clearing agency fund - To account for interfund payroll receivables and payables for all City
funds.
Court bond and restitution agency fund - To account for bonds and restitution remitted to the court and
awaiting court orders for distribution.
Police investigation account agency fund - To account for monies held by the police department for use in
investigations .
107
City of Salina, Kansas
EXPENDABLE TRUST, NON-EXPENDABLE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Schedule 20
Pa2e 2
Agency Total
Police Police
Investigation Reward
ASSETS Account Fund 1997 1996
Cash and investments $ 1,741 $ 19,731 $ 514,210 $ 2,573,528
0 0 215,567 196,571
Receivables
Accounts 0 0 48,288 0
Interest 0 0 85 0
Total assets $ 1,741 $ 19,731 $ 778,150 $ 2,770,099
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 1,741 $ 19,731 $ 523,945 $ 471,685
Deferred compensation
benefits payable 0 0 0 2,064,933
Total liabilities 1,741 19,731 523,945 2,536,618
Fund balances
Unreserved
Undesignated 0 0 254,205 233,481
Total liabilities and
fund balances $ 1,741 $ 19,731 $ 778,150 $ 2,770,099
110
Schedule 20
Agency
Special Traffic Fire Court
Assessment Signal Insurance PEGS Payroll Bond and
Escrow Escrow Proceeds Access Clearing Restitution
$ 73,396 $ 5,560 $ 5,887 $ 232 $ 352,043 $ 17,057
0 0 0 0 0 0
0 0 0 0 48,288 0
0 0 0 0 0 0
$ 73,396 $ 5,560 $ 5,887 $ 232 $ 400,331 $ 17,057
$
73,396 $
o
5,560 $
o
5,887 $
o
232 $
o
400,331 $
o
17,057
o
73,396
5,560
5,887
232
400,331
17,057
o
o
o
o
o
o
$
73,396 $
5,560 $
5,887 $
232 $
400,331 $
17,057
109
cont.
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, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Citizenship Cemetery
Trust Endowment
Operating revenues
Charges for services $ 0 $ 7,228
Operating expenses
Other 0 0
Operating income 0 7,228
Nonoperating revenues
Use of money and property 726 9,652
Net income 726 16,880
Fund balances, January 1 14,468 158,194
Fund balances, December 31 $ 15,194 $ 175,074
112
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, 1997 and 1996
1997 1996
2,183 $ 1,433
0 3,219
2,183 4,652
540 314
1,643 4,338
36,910 32,572
38,553 $ 36,910
Revenues
Interest
Miscellaneous
$
Total revenues
Expenditures
Parks and recreation
Excess of revenues over expenditures
Fund balances, January I
Fund balances, December 31
$
III
City of Salina, Kansas
NONEXPENDABLE TRUST FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 1997
(With comparative totals for the fiscal year ended December 31, 1996)
Citizenship Cemetery
Trust Endowment
Cash flows from operating activities
Cash received from customers $ 0 $ 7,228
Cash paid to suppliers 0 0
Net cash provided by
operating activities 0 7,228
Cash flows from investing activities
Interest received 726 9,652
Net increase in cash and
cash equivalents 726 16,880
Cash and cash equivalents, January 1 14,468 158,194
Cash and cash equivalents, December 31 $ 15,194 $ 175,074
Reconciliation of operating income to net cash
provided by operating activities
Operating income $ 0 $ 7,228
114
Schedule 22
Total
Mausoleum Tricentennial
Endowment Commission 1997 1996
$ 0 $ 0 $ 7,228 $ 5,641
0 0 0 1,535
0 0 7,228 4,106
1,232 243 11,853 7,744
1,232 243 19,081 11,850
20,652 3,257 196,571 184,721
$ 21,884 $ 3,500 $ 215,652 $ 196,571
113
City of Salina, Kansas
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1997
Balance
January 1,
1997
Special Assessment Escrow
ASSETS
Cash and investments
$
150,011 $
LIABILITIES
Accounts payable
$
150,011 $
Traffic Signal Escrow
ASSETS
Cash and investments
$
5,247 $
LIABILITIES
Accounts payable
$
5,247 $
Fire Insurance Proceeds
ASSETS
Cash and investments
$
10,131 $
LIABILITIES
Accounts payable
$
10,131 $
Additions
49,011 $
49,011 $
313 $
313 $
5,421 $
5,421 $
116
Deductions
125,626 $
125,626 $
o $
o $
9,665 $
9,665 $
Schedule 24
Balance
December 31,
1997
73,396
73,396
5,560
5,560
5,887
5,887
Schedule 23
Total
Mausoleum Tricentennial
Endowment Commission 1997 1996
$ 0 $ 0 $ 7,228 $ 5,641
0 0 0 (1,535)
0 0 7,228 4,106
1,232 158 11,768 7,973
1,232 158 18,996 12,079
20,652 3,257 196,571 184,492
$ 21,884 $ 3,415 $ 215,567 $ 196,571
$
o $
o $
7,228 $
4,106
115
City of Salina, Kansas
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1997
Schedule 24
Pa2e 3
Balance
January 1,
1997
Deductions
Balance
December 31,
1997
Additions
Police Investigation Account
ASSETS
Cash and investments
$
1,741 $
o $
o $
1,741
LIABILITIES
Accounts payable
$
1,741 $
o $
o $
1,741
Police Reward Fund
ASSETS
Cash and investments
$
11,494 $
8,237 $
o $
19,731
LIABILITIES
Accounts payable
$
11,494 $
8,237 $
o $
19,731
Total - Agency Funds
ASSETS
Cash and investments $ 483,134 $ 18,609,340 $ 18,616,827 $ 475,647
Accounts receivable 0 48,288 0 48,288
Total assets $ 483,134 $ 18,657,628 $ 18,616,827 $ 523,935
LIABILITIES
Accounts payable $ 483,134 $ 18,657,628 $ 18,616,827 $ 523,935
118
City of Salina, Kansas
Schedule 24
Pa2e 2
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 1997
Balance
January 1,
1997
Additions
Deductions
Balance
December 31,
1997
PEGS Access
ASSETS
133,625 $
232
Cash and investments
$
o $
133,857 $
LIABILITIES
Accounts payable
$
o $
133,625 $
232
133,857 $
Payroll Clearing
ASSETS
Cash and investments $ 278,063 $ 18,265,321 $ 18,191,341 $ 352,043
Accounts receivable 0 48,288 0 48,288
Total assets $ 278,063 $ 18,313,609 $ 18,191,341 $ 400,331
LIABILITIES
Accounts payable $ 278,063 $ 18,313,609 $ 18,191,341 $ 400,331
Court Bond and Restitution
ASSETS
Cash and investments
$
26,447 $
147,180 $
156,570 $
17,057
LIABILITIES
Accounts payable
$
26,447 $
147,180 $
156,570 $
17,057
117
This page left blank intentionally.
City of Salina, Kansas
GENERAL FIXED ASSETS
119
City of Salina, Kansas
SCHEDULE OF GENERAL FIXED ASSETS -
BY FUNCTION AND ACTIVITY
December 31, 1997
Function and Activity Land Buildings
General government
Manager $ 0 $ 0
Finance 0 0
Personnel 0 0
General services 19,302 101,612
Human relations 0 0
Bicentennial Center 0 5,298,330
Other 1,885,649 660,190
Total general government 1,904,951 6,060,132
Public safety
Police 600 445,363
Municipal court 0 0
Fire 63,302 1,220,623
Inspection 0 0
Total public safety 63,902 1,665,986
Highways and streets
Engineering 0 0
Maintenance 10,470 155,211
Planning 0 0
Total highways and streets 10,470 155,211
Culture and recreation 609,870 2,906,909
Total general fixed assets $ 2,589,193 $ 10,788,238
121
City of Salina, Kansas
Schedule 25
COMPARATIVE SCHEDULE OF GENERAL FIXED ASSETS
BY SOURCE
December 31, 1997 and 1996
1997 1996
General fixed assets
Land $ 2,589,193 $ 2,589,193
Buildings 10,788,238 10,788,238
Improvements other than
buildings 1,068,238 985,482
Machinery and equipment 9,217,377 8,627,812
Total general fixed assets $ 23,663,046 $ 22,990,725
Investment in general
fixed assets by source
General fund $ 22,387,424 $ 21,920,941
Special revenue funds 601,107 395,269
Capital projects funds 656,046 656,046
Donations 18,469 18,469
Total investment in
general fixed assets $ 23,663,046 $ 22,990,725
120
City of Salina, Kansas
SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS -
BY FUNCTION AND ACTIVITY
For the fiscal year ended December 31, 1997
Function and Activity
General Fixed
Assets
January 1,
1997 Additions
$ 81,719 $ 26,164
171,906 15,905
18,751 495
592,991 104,361
19,113 445
7,072,256 61,414
2,595,255 32,269
10,552,021 241,053
General government
Manager
Finance
Personnel
General services
Human relations
Bi-Centennial center
Other
Total general government
Public safety
Police
Municipal court
Fire
Inspection
Total public safety
1,688,755 146,836
38,267 11,380
3,834,809 58,025
44,096 27,936
5,605,927 244,177
Highways and streets
Engineering
Maintenance
Planning
Total general fixed assets
99,263 21,643
1,518,057 125,264
101,971 19,449
1,719,291 166,356
5,113,515 160,665
$ 22,990,725 $ 812,251
Total highways and streets
Culture and recreation
123
Schedule 26
Improvements
Other Than Machinery Total Total
Buildings and Equipment 1997 1996
$ 0 $ 107,883 $ 107,883 $ 81,719
0 187,811 187,811 171,906
0 19,246 19,246 18,751
260,616 315,863 697,393 592,991
0 19,558 19,558 19,113
85,348 1,749,992 7,133,670 7,072,256
0 81,685 2,627,524 2,595,285
345,964 2,482,038 10,793,085 10,552,021
53,820 1,268,342 1,768,125 1,688,755
0 49,141 49,141 38,267
0 2,608,059 3,891,984 3,834,809
0 72,538 72,538 44,096
53,820 3,998,080 5,781,788 5,605,927
0 120,906 120,906 99,263
150,647 1,262,409 1,578,737 1,518,057
0 107,952 107,952 101,971
150,647 1,491,267 1,807,595 1,719,291
517,807 1,245,992 5,280,578 5,113,486
$ 1,068,238 $ 9,217,377 $ 23,663,046 $ 22,990,725
122
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Schedule 27
General Fixed
Assets
Interfund December 31,
Deletions Transfers 1997
$ 0 $ 0 $ 107,883
0 0 187,811
0 0 19,246
359 400 697,393
0 0 19,558
0 0 7,133,670
0 0 2,627,524
359 400 10,793,085
67,466 0 1,768,125
0 (506) 49,141
0 (850) 3,891,984
0 506 72,538
67,466 (850) 5,781,788
0 0 120,906
27,411 (37,173) 1,578,737
13,468 0 107,952
40,879 (37,173) 1,807,595
21,875 28,273 5,280,578
$ 130,579 $ (9,350) $ 23,663,046
124
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Property Tax Levies and Collections Table 4
Last 10 Fiscal Years
Percent of Delinquent Ratio ofT otal
Fiscal CurrentT ax Current Taxes Tax Total Tax Tax Collections
Year Total Tax Levy Collections Collected Collections Collections to Tax Levy
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%
1996 5,534,222 5,411,474 97.8% 107,250 5,518,724 99.7%
1997 5,772,414 5,689,316 98.6% 133,171 5,822,487 100.9%
Percent of Property Taxes Collected
102.0%
98.0%
I 100.0%
960%
94.0%
92.0%
90.0%
88.0%
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
. Percent of Current Taxes Collected - -0- - Ratio of Total Tax Collections to Tax Levy I
128
City of Salina
General Government Tax Revenues by Source (1) Table 3
Last Seven Fiscal Years (2)
Fiscal Transient
Year Property Taxes 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
1996 6,690,485 8,446,809 1,836,694 583,506 17,557,494
1997 - 6,945,943 8,948,067 1,929,622 592,715 18,416,347
Tax Revenues by Source
9,000,000
8,000,000
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
Year
1997
(1) Includes General, special revenue and Debt Service Funds
(2) Prior Year Expenditures are not available on a GAAP basis
127
City of Salina
Principal Taxpayers Table 6
1997 Valuations
1996 Assessed % of Total
Taxpayer Type of Business Valuation Valuation
Western Resources Electric and Gas 7,353,881 2.64%
Schwan's Sales Pizza Manufacturing 6,895,768 2.47%
Southwestern Bell Telephone Utility 5,354,355 1.92%
Warmack, Salina Partnership Retail Shopping Mall 4,891,980 1.75%
Wal-Mart Stores, Inc. Discount Retail Stores 2,350,357 0.84%
Sunset Plaze, Inc Retail Development 2,093,751 0.75%
Omaha Hotellnc Hotel 1,384,633 0.50%
Dayton Hudson Corp Target Store 1,114,513 0.40%
fy1alan Mortgagor, Inc K-Mart Store 870,222 0.31%
Union Pacific Railroad Railroad 802,642 0.29%
Combined Valuation of the Ten Largest Taxpayors 33,112,102
Percent of Total City Assessed Valuation 11.87%
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1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
City of Salina
Special Assesment Billings and Collections
Last Ten Fiscal Years
Special
Assessment
Billings
1,021,973
927,768
647,655
807,452
721,334
694.497
697,015
919,364
1,139,672
985,885
Special Assessment
Collections
922,020
911,365
837,604
656,104
808,886
873,850
793,190
883,807
1,131,852
1,048,863
Table 8
Ratio of Total Special
Assessments Collections to Total
Assessments Levied
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0.98
1.29
0.81
1.12
1.26
1.14
0.96
0.99
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Special Assessment Billings and Collections
1988
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1997
1m Special Assessment Billings m Special Assessment Collections I
1. Includes prepayments and delinquent collections.
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City of Salina
Ratio of Net General Obligation Bonded Debt Table 10
To Assessed Value and Net General Obligation
Bonded Debt Per Capita
Less Debt Ratio of Net Net Bonded
Fiscal Population Assessed Value Gross Bonded Service Fund Net Bonded Bonded Debt to Debt Per
Year (1) (2) Debt (3) (4) Debt Assessed Value Capita
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.Q2
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 (1)" 44,129 246,863,568 8,465,000 1,024,020 7,440,980 3.01 168.62
1996 (1) 44,841 258,044,091 10,211,899 1,052,539 9,159,360 3.55 204.26
1997 45,000 280,589,963 10,184,658 867,759 9,316,899 3.32 207.04
Per Capita General Obligation Debt
250.00
50.00
---
200.00
150.00
100.00
0.00
1988
1989
1990
1991
1992
1993
1994
1995(1)
1996 (1)
1997
1. Population estimates are based on the 1980 and 1990 Census, except 1995 through 1997 are staff estimates based on the
7/01/94 Census Bureau estimate.
2. From Table 5.
3. Outstanding Debt amounts reflect portion of the outstanding debt for which general taxes will be required. This excludes
revenue bonds, GO obligations for which other revenue has been pledged, and obligations for which special assessments will be
levied.
4. Amount available for repayment of General Obligation Bonds.
134
City of Salina
Computation of Legal Debt Margin
December 31, 1997
Table 9
Assessed Valuation (1)
280,589,963
Legal Debt Margin:
Debt limit: 30% of Assessed Valuation (2)
Debt Applicable to limitation:
Total Bonded Debt
Less: Revenue Bonds
Fund Balance Designated
for Debt Service
Total Debt Applicable to limitation
84,176,989
56,008,469
33,875,000
867,759
21,265,710
Legal Debt Margin
62,911,279
1. Assessed valuation for the purposes of calculating the debt limitation includes the valuation attributable to
Motor Vehicles.
133
City of Salina
Ratio of Annual Debt Service Expenditures Table 11
For General Obligation Bonded Debt (1)
ToT otal General General Govemmental Expenditures
Last ten Fiscal Years
Total General Ratio of Debt Service to
Govemmental General Govemmental
Fiscal Year Principal Interest (2) Total Debt Service Expenditiures (3) Expenditures (3)
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 1,530,037 386,943 1,916,980 26,228,037 7.31%
1996 1,229,378 305,808 1,535,186 27,541,282 5.57%
1997 2,549,984 443,461 2,993,445 30,036,763 9.97%
Ratio of General Debt Service to General Government Expenditures
10.00%
1.00%
9.00%
8.00%
7.00%
6.00%
5.00%
4.00%
3.00%
2.00%
0.00%
1991
1992
1993
1994
1995
1996
1997
(1) Excludes special assessment debt with govemment 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.
135
City of Salina
Computation of Direct and Overlapping Bonded Debt
General Obligation Bonds
December 31, 1997
Table 12
Net General
Obligation Percentage Amount
Bonded Debt Applicable to City Applicable to the
Jurrisdiction Outstanding of Salina City of Salina
Direct
City of Salina 9,159,360 100% 9,159,360
Overlapping:
Salina Airport Authority (1) 4,725,000 100% 4,725,000
Saline County 1,545,000 73% 1,133,770
USD 305 (2) 2,935,000 92% 2,698,146
Total 18,364,360 17,716,276
1. Salina airport Authority Debt is as of February 1, 1998.
2. USD 305 Debt is as of June 30, 1997
Overlapping Debt, City of Salina
USD 305 (2)
15%
Saline County
6%
City of Salina
52%
Salina Airport
Authority (1)
27%
136
City of Salina
Revenue Bond Coverage
Water and Sewer Fund
Last Ten Rscal Years
Table 13
Debt Service Requirements
Net Revenue
Fiscal Operatina Operating Available for Debt
Year Revenues ( 1 ) Expenses(2) Service Principal Interest Total Coverage
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
1996 10,506,646 7,147,082 3,359,564 955,000 1,527,953 2,482,953 1.35
1997 10,442,409 6,714,541 3,727,868 1,015,000 1,483,493 2,498,493 1.49
3.75 ::;:;:;:::;:::;:;:;:::;:;:;:::;:;:;:::;:::::::::::;:::;:::::::;:;:::".....
3.50
3.25
3.00
2.75
2.50
2.25
2.00
1.75
1.50
1.25
1.00
0.75
0.50
0.25
0.00
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
(1) Excludes interest income
(2) Excludes Depreciation
137
Fiscal Year
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
850
750
City of Salina
Property Value and Construction
Last Ten Fiscal Years
Total Property Value
(Thousands)
1,160,412
1,037,898
1,026,845
1,075,575
1,105,026
1,175,494
1,314,831
1,482,502
1,551,794
1,716,987
Permits Issued
457
490
497
562
598
628
694
759
832
725
Estimated Value of
Permits Issued
15,426,410
18,851,000
36,469,096
22,665,785
25,283,947
36,411,632
38,667,261
34,156,955
55,369,816
41,528,712
Number and Value of Building Permits Issued
61,000,000
51,000,000
650 41,000,000
J!!
'E
~ iD
E a...
iD -
0
a... CD
'0 550 31,000,000 -ii
iD >
.0 "U
E CD
=> 1U
z E
:;;
450 21,000,000 w
350
250
1988 1989 1990 1991
I ~ Permits Issued -+- Estimated Value of Permits Issued I
1992 1993 1994 1995 1996 1997
138
11,000,000
1,000,000
Table 14
SPECIAL REPORTS SECTION
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234 South Main
P.O. Box 1020
Ottawa, Kansas 66067
(785) 242-3170
~ Agl~L~g~~E~~r!n;,HARTERED
W. Keith Gaeddert
Lucille L. Hinderliter
Raymond E. Meyer, Jr.
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON
COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING
BASED ON AN AUDIT OF GENERAL PURPOSE FINANCIAL STATEMENTS
PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Honorable Mayor and City Council
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, 1997, and have issued our report thereon dated June 19, 1998.
We conducted our audit in accordance with generally accepted auditing standards and Government
Auditing Standards, issued by the Comptroller General of the United States.
Compliance
As part of obtaining reasonable assurance about whether the City's general purpose financial
statements are free of material misstatement, we performed tests of its compliance with certain
provisions of laws, regulations, contracts and grants, noncompliance with which could have a
direct and material effect on the determination of financial statements amounts. However,
providing an opinion on compliance with those provisions was not an objective of our audit and,
accordingly, we do not express such an opinion. The results of our tests disclosed no instances of
noncompliance that are required to reported under Government Auditing Standards.
Internal Control Over Financial Reportinf!.
In planning and performing our audit, we considered the City's internal control over financial
reporting in order to determine our auditing procedures for the purpose of expressing our opinion
on the general purpose financial statements and not to provide assurance on the internal control
over financial reporting. Our consideration of the internal control over fmancial reporting would
not necessarily disclose all matters in the internal control over financial reporting that might be
material weaknesses. A material weakness is a condition in which the design or operation of one or
more of the internal control components does not reduce to a relatively low level the risk that
misstatements in amounts that would be material in relation to the 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. We noted no matters involving the internal control over
financial reporting and its operations that we consider to be material weaknesses.
This report is intended for the information of the City Council, management, and the Kansas
Department of Administration, Division of Accounts and Reports. However, this report is a matter
of public record and its distribution is not limited.
Ilr w sLJ ~ C;J.,t;:J
June 19, 1998
140
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