Audit - 1993
CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the fiscal year ended December 31, 1993
Prepared by: Robert K. Biles
Department of Finance and Administration
CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the Fiscal Year Ended December 31, 1993
TABLE OF CONTENTS
INTRODUCTORY SECTION
Letter of Transmittal
GFOA Certificate of Conformance
Organizational Chart
List of Principal Officials
FINANCIAL SECTION
INDEPENDENT AUDITORS' REPORT
GENERAL PURPOSE FINANCIAL STATEMENTS:
Combined Balance Sheet-All Fund Types and
Account Groups
Combined Statement of Revenues, Expenditures
and Changes in Fund Balances-All
Governmental Fund Types
Pé~
1-8
9
11
13
15--16
20,.21
23
Combined Statement of Receipts, Expenditures
and Changes in Unencumbered Cash-Budget
and Actual-Budgetary Basis-General Fund,
Special Revenue Funds and Debt Service Funds 24,-25
Combined Statement of Revenues, Expenses and
Changes in Retained Earnings/Fund Balances-
All Proprietary Fund Types and Similar Trust
Funds
Combined Statement of Cash Flows-All Proprietary
Fund Types and Similar Trust Funds
Notes to the Financial Statements
26-27
28
29-53
COMBINING, INDIVIDUAL FUND AND
ACCOUNT GROUP STATEMENTS AND SCHEDULES
GOVERNMENTAL TYPE FUNDS:
General Fund:
Comparative Balance Sheets
Comparative Statement of Revenue, Expenditures
and Changes in Fund Balances
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash -
Budget and Actual - Budgetary Basis
Special Revenue Funds:
Combining Balance Sheet
Combining Statement of Revenue, Expenditures
and Changes in Fund Balances
Schedules of Receipts, Expenditures and
Changes in Unencumbered Cash -
Budgeted Funds
Non-Budgeted Funds
Debt Service Fund:
Comparative Balance Sheets
Comparative Statement of Revenues, Expenditures
and Changes in Fund Balances
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash-
Budgetary Basis
Capital Project Funds:
Combining Balance Sheet
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash -
Budgetary Basis
(Non-Budgeted Funds)
PROPRIET ARY FUNDS:
Enterprise Funds
Combining Balance Sheet
Combining Statement of Revenues, Expenses
and Changes in Retained Earnings
Combining Statement of Cash Flows
Schedules of Receipts, Expenditures
and Changes in Unencumbered Cash -
Budgetary Basis
Budgeted Funds
Non-Budgeted Funds
55
56
58--59
62--64
66--68
69,.77
78--85
87
88
89
91
92
93
95
96
97
98 - 102
103-104
PROPRIETARY FUNDS (continued)
Internal Service Funds:
Combining Balance Sheet
Combining Statement of Revenue, Expenses
and Changes in Retained Earnings
Combining Statement of Cash Flows
Schedules of Receipts. Expenditures,
and Changes in Unencumbered Cash -
Budgeted and Actual - Budgetary Basis
FIDUCIARY FUNDS:
Trust and Agency Funds:
Combining Balance Sheet
Combining Statement of Revenues, Expenses
and Changes in Retained Earnings -
Nonexpendable Trust Funds
Combining Statement of Cash Flows -
Nonexpendable Trust Funds
Combining Statement of Changes in Assets
and Liabilities - Agency Funds
Schedules of Receipts, Expenditures and
Changes in Unencumbered Cash -
Budgetary Basis (Non-Budgeted Funds)
ACCOUNT GROUPS:
General Fixed Assets
Comparative Statements of General Fixed
Assets - By Source
Schedule of General Fixed Assets - By
Function and Activity
Schedule of Changes in General Fixed Assets -
By Function and Activity
STATISTICAL SECTION
General Governmental Expenditures by Function
General Governmental Revenues by Source
General Governmental Tax Revenues by Source
Property Tax Levies and Collections
Assessed and Estimated Actual Value of Property
Property Tax Rates -
Direct and Overlapping Governments
Principal Taxpayers
Special Assessment Billings and Collections
Computation of Legal Debt Margin
Ratio of Net General Obligation Bonded Debt
105
106
107
108-111
113-114
115
116
117-121
122-128
129
130
131
134-135
136-137
138
139
140
141-142
143
144
145
146
STATISTICAL SECTION (continued)
Ratio of Annual Debt Service Expenditures
for General Obligation Bonded Debt
Computation of Direct and Overlapping Bonded Debt
Revenue Bond Coverage - Water and Sewer Fund
Property value, construction and bank deposits
Demographic Statistics
SINGLE AUDIT SECTION
Independent Auditors' Report on Schedule of Federal
Financial Assistance
Schedule of Federal Financial Assistance
Independent Auditors' Report On Internal Control
Structure Based On An Audit of General
Purpose Financial Statements Performed in
Accordance with Government Audi ting Standards
Independent Auditors' Report On Compliance Based On
An Audit Of General Purpose Financial
Statements Performed In Accordance With
Government Auditing Standards
Independent Auditors' Report On The Internal Control
Structure Used in Administering
Federal Financial Assistance Programs
Independent Auditors' Report On Compliance With The
General Requirements Applicable To Federal
Financial Assistance Programs
Independent Auditors' Report On Compliance With
Specific Requirements Applicable to Major
Federal Financial Assistance Programs
Schedule Of Independent Auditors' Findings and
Questioned Costs
147
148
149
150
151
153
154
155-156
157
158-160
161
162-163
164
INTRODUCTORY SECTION
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DEPARTMENT OF FINANCE AND ADMINISTRATION
CITY CLERK
300 West Ash Street. P.O. Box 736
Salina, Kansas 67402~0736
Robert K. Biles, c.P.A., Director. Judy D, Long, City Clerk
Telephone (913) 826.7240. FAX (913) 826.7244
Salina
~
~Tïf
June 15, 1994
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, 1993, is hereby submitted.
Responsibility for both the accuracy of the data and the completeness and
fairness of the presentation, including all disclosures, rests with the
City. To the best of our knowledge and belief, the enclosed data is accurate
in all material respects and is reported in a manner designed to present
fairly the financial position and results of operations of all various funds
and account groups of the City. All disclosures necessary to enable the
reader to gain an understanding of the City's financial activities have been
included.
The Comprehensive Annual Financial Report is presented in three sections:
introductory, financial and statistical. The introductory section includes
this transmittal letter, the City's organizational chart and a list of
principal officials. The financial section includes the genE!ral purpose
financial statements as well as the combined, combining, individual fund and
account group financial statements and schedules, and the independent
auditorts report on the financial statements and schedules. The statistical
section includes selected financial and demographic information, generally
presented on a multi-year basis.
The City is required to undergo an annual single audit in conformity with the
provisions of the Single Audit Act of 1984 and U. S. Office of Management and
Budget Circular A-128, Audits of State and Local Governments.
Information related to this single audit, including the schedule of federal
financial assistance and the independent auditors t reports on the internal
control structure and compliance with applicable laws and re;gulations, is
included in a fourth section.
This report includes all funds and account groups of the City. The City
provides a full range of services including police and fire protection;
construction and maintenance of streets, drainage facilities and other
infrastructure; recreational activities and cultural events; emergency
medical services and convention facilities. In addition to general
government activities, the City also provides water, wastewater, sanitation
and solid waste services; therefore, these activities are included in the
reporting entity.
Economic Condition and Outlook
In 1993, the City experienced a year of solid growth in several areas and
continued to solidify its standing as the regional trade centE~r for north
1
central and north west Kansas. Retail expansion was significant especially
in the South Ninth Street corridor. Sam's Club, a division of Wal-Mart
Stores, Inc. and Sutherland's Lumber opened in mid-year. Over 250 jobs
were created by these two large retail stores. Expansion has continued into
1994 with several popular restaurants opening in the South Ninth Street
corridor with a Target retail store to begin operations by August 1.
The housing industry continues having to strain to meet the demand for new
housing brought on by the positive local economy and the continued
availability of affordable mortgage rates. Over 160 new homes were started
in 1993. This new construction rate is expected to continUE! throughout
1994.
Exide Corporation a leading producer of automotive and marine batteries,
recently announced plans to expand and add approximately 100 manufacturing
jobs. Other key industries such as Tony's Pizza and Phillips Lighting have
continued to expand and modernize their operations.
In 1992 the State of Kansas chose, at an estimated cost of $S, 000,000, to
renovate the former Marymount College campus for service as the training
facility for the Kansas Highway Patrol The state recently announced it would
invest an additional $1,400,000 for further renovations at Marymount to
provide offices for Highway Patrol Troop C.
Renovations also continue at the Kansas State University - Salina campus.
Building additions, road improvements and other campus improvements totaling
$10,000,000 are two-thirds complete. These improvements will allow
KSU - Salina to serve as the base operation for engineering, technology and
avionics education. Enrollment is expected to double to over 800 students.
Major Initiatives
The City continued to make major improvements to Wastewater Treatment Plant
Number 1. The project involved closing a secondary wastewater plant, which
was outmoded, building 10 miles of interceptor sewers and updating Plant
Number 1 to meet EPA standards. Work began in June 1992. The project
costs totalled $23,000,000 with a $5,000,000 EP A grant reducing the local
share to $18,000,000. Fortunately, the project timing allowed the City to
issue revenue bonds for the local share during a period of vEœy favorable
interest rates.
In conjunction with the State of Kansas, the City completed the Schilling and
I-135 interchange project. The improvement added a diamond interchange,
widened Schilling Road and provided traffic signalization at 9th Street and
Schilling Road.
The City continued its efforts to meet federal environmental regulations at
its solid waste landfill. Construction of a new lined cell, road system and
scale system began in late 1993 and were completed before the April 1994
deadline. Surrounding counties have made the decision to close their
landfills and transport to Salina's facility. Estimated capacity at the
City's landfill exceeds 50 years.
2
The City also approved engineering studies which will result in drainage
improvements for prime building locations and an interchange at Magnolia and
I-135. These are both part of the City's Capital Improvement plan for
1994-1998. The plan, totaling $25,473,750, itemized projects currently
proposed through 1998. The plan is updated each year.
Financial Overview
Actions taken in 1992 to improve the City's long-term financial stability
bore fruit in 1993.
General government operation funds increased their fund balanees from the
previous year end. The December 31, 1993 fund balance of $4,584,663
represents a 59% increase from December 31, 1992. Several factors have
contributed to this change. Sales tax collections for 1993 exceeded the
budget by 8% for the year bringing in $551,000 more than expected. Other
revenue sources such as Municipal Court Fines ( +$133,000), franchise taxes
(+$154,000) and special assessments (+$209,000) also exceE!ded budget
projections and accounted for most of the increases in these fund balances.
The City doubled tipping fees in 1993 to provide adequate resources to start
the landfill improvement process. After the initial landfill construction
and equipment purchases were determined, the City again doubled tipping
fees to $16 per ton effective May 1, 1994. The per ton charge remains below
those of other nearby landfills. To date, the city has shown the willingness
to set fees at levels which will cover operating, capital and debt service
costs required to meet subtitle D regulations.
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 E!stimates and
judgment by management.
Single Audit. As a recipient of Federal, State and County financial
assistance, the City also is responsible for insuring that an adequate
internal control structure is in place to ensure compliance with applicable
laws and regulations related to those programs. This intE~rnal control
structure is subject to periodic evaluation by management. As part of the
City's single audit, described earlier; tests are made to determine the
adequacy of the internal control structure, including that portion related to
federal financial assistance programs, as well as to determine that the City
has complied with applicable laws and regulations. The results of the City's
single audit for the year ended December 31, 1993 provided no instances of
material weaknesses in the internal control structures or significant
violation of applicable laws and regulations.
3
Budgetary Controls. In addition, the City maintains budgetary controls.
The objective of these budgetary controls is to ensure complianee with legal
provisions embodied in the annual appropriated budget approved by the City
Commission. Activities of all funds are included in the annual appropriated
budget. The level of budgetary control is maintained at the department level
by the encumbrance of estimated purchase amounts prior to the release of
purchase orders to vendors. Open encumbrances are reported as
reservations of fund balance at December 31, 1993 in the general fund and
the special revenue fund. Various internal compliance procedures are
implemented to insure proper implementation of the budget as well as to
maintain a degree of accountability for both revenues and expenditures.
General Government Functions
Since 1988, the City has been aware that fund balances in our tax supported
funds would likely fall below the desired 10%-15% range in 1993.
An August 1992 City sales tax approved by voters addressed this problem.
Shown below are the December 31 actual budgetary basis fund ba]lances in our
tax supported funds for 1992 and 1993 and the estimated 1994 fund balances.
Fund
General
Employee Benefits
Utility
Special Liability
Bond and Interest
1992
$2,184,753
233,717
99,364
24,563
335,915
$2,878,312
Fund Balance
----------
----------
Operating expenditures
tax supported funds $18,196,071
-----------
-----------
Fund balance as percent of
operating expenditures 15.8%
------
------
1993
$3,357,127
539,590
121,696
26,363
539,887
$4,584,663
Estimated
1994
$4~. 327 ,000
532,000
169,000
29,000
503,000
$5 ~. 560,000
----------
-----------
----------
-----------
$16,693,296
$17 ~.196, 390
-----------
------------
------------
-----------
27.5%
32.3%
------
------
------
------
It should be noted that City payments for the Kansas State University-Salina
renovation in 1992 and 1993 were $2,557,902 and $493,452, respectively.
The following table presents a summary of General Fund, Special Revenue
Funds and Debt Service Fund revenues for the years ended
December 31, 1992 and 1993.
At
Revenue
Taxes
Intergovernmental
Charges for Services
Fines
Interest
Special Assessments
Other
Total Revenues
1993
$15,479,559
2,769,828
3,174,444
574,958
444,853
940,487
827,201
24,211 ,330
-----------
-----------
1993
% of
Total
63.9
11.5
13.1
2.4
1.8
3.9
3.4
100.0
1992
$13,897,325
2,756,614
2,416,921
347,884
363,734
881,231
925,576
$21,589,285
-----------
-----------
1992
% of
Total
64.3
12.8
11.2
1.6
1.7
4.1
4.3
-
100.0
-----
Sales tax revenues showed the most significant change with an increase of
$1,192,600 from 1992. This represents an increase of 19%. This is best
attributed to strong retail sales and a robust housing market. Other
significant increases in tax revenues were franchise taxes ($143,000),
property taxes ($206,000) and transient guest taxes ($50,000).
Revenues from charges for services increased because of increas€,d attendance
at Bicentennial Center events. Although the number of events at the
Bicentennial Center only increased from 509 in 1992 to 519 in 1993,
attendance at the events increased from 369,594 in 1992 to 427,387 in 1993, a
16% increase. Most of this is attributed to the large number of quality
concerts held at the Bicentennial Center in 1993. Total BicentEmnial Center
revenues increased $587,000. Other significant changes in charges for
services included increases for EMS ($73,600) and engineering services
($40,000).
The following table presents a summary of General Fund, Special Revenue
Funds and Debt Service Fund expenditures for the years ended
December 31, 1992 and 1993.
Expenditure
General Government
Public Safety
Public Works
Recreation
Cultural
Community Development
Health & Welfare
Bicentennial Center
Debt Service
Capital Outlay
Other
Total Expenditures
1993
$ 1,426,997
5,834,653
1,386,714
1,600,093
346,677
175,254
173,122
1,968,806
2,902,019
1,558,158
4,547,476
21,919,969
-----------
-----------
1993
% of
Total
6.5
26.6
6.3
7.3
1.6
.8
.8
9.0
13.2
7.1
20.8
100.0
1992
$ 1,463,391
5,381,008
1,422,210
1,567,104
337,911
339,084
138,733
1,415,537
2,768,149
1,530,150
6,337,016
$22,700,293
-----------
-----------
1992
% of
Total
6.4
23.7
6.3
6.9
1.5
1.5
.6
6.2
12.2
6.8
27.9
-
100.0
5
Three major changes affected expenditures for general government activities.
Public safety expenditures increased for three reasons. The City added two
officers to initiate drug education and enforcement grants. The actions
taken with the 1991 salary study continued to have an effect on public safety
personnel compensation. Lastly, the City reorganized the Municipal Court by
adding three employees and renovating the courtroom and offices.
Bicentennial Center expenditures increased in proportion to the increased
attendance for events.
Other expenditures decreased in large part because payments for the joint
KSU - Salina improvement project decreased $2,065,000.
Proprietary Operations
The City has four enterprise operations: Water and Sewer, Golf Course,
Solid Waste and Sanitation. Significant changes occurred in each.
In Water and Sewer, the City placed into service the $23,000,000 worth of
sewer plant and interceptor improvement. Rates for sewer service increased
in July of 1992 and 1993 to pay for the debt service on the $Jl8,200,000 of
bonds issued and for the increased operational costs. Continued wet weather
held water revenues to the 1992 level.
The wet summer weather prevented play at the Golf Course. The large
number of rainouts reduced revenues by over 17% from 1992. Expenses were
closely monitored and reduced in accordance with the revenue loss.
The City began the process of updating the solid waste facility to meet
subtitle D regulations. Rates were doubled in 1993 to provide funds for
start-up costs. On May 1, 1994 rates went to a tonnage rate rather than
volume and were approximately doubled.
Sanitation rates were increased $.50 per month in 1993 to pay for increased
tipping fees at the landfill. A $1.00 per month increase went into effect
May 1, 1994.
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 $750,000 reserve in this fund to provide
adequate reserves should we experience heavy claims. At the end of 1992,
fund equity was $199,313. 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.
6
Debt Administration
The City issued $3,200,000 in revenue bonds as the last phase of the sewer
plant renovation project. Total revenue bonds outstanding at December 31,
1993 was $24,910,000. With the City's policy of issuing revenue bonds for no
more than 20 years, the final maturity for these bonds is October 1, 2013.
On January 1, 1994, the City issued $11 ,390,000 in revenue refunding
bonds. This issue refunded a portion of the 1992 revenue bonds. Present
value savings totalled $198,000 and future debt service was reduced by
$435,000.
The City's policy for General Obligation bonds is to issue them for no more
than 10 years. The City issued $2,485,000 of internal improvement bonds
during 1993. Total bonds outstanding at December 31, 1993 was $12,575,000
with final maturity scheduled for October 1, 2003. One general obligation
bond for $1,175,000 was issued in June 1994. Based upon December 31, 1993
General Obligation bonds outstanding, per capita debt is $297. The City is
well below its maximum debt limit with over $51,000,000 in authority
remaining.
Temporary notes of $1,238,000 outstanding at December 31,
retired through the issuance of general obligation bonds.
1993 will be
Cash Management
In 1992, the State of Kansas granted cities increased investing authority.
The City of Salina has established an investment policy that allows
maturities for up to two years and investments in the Statø of Kansas
Municipal Investment Pool. The City stresses a conservative investment
policy which provides full collateralization of investments. At December 31,
1993, investments were as follows:
Investment
Amount
Percentage
Municipal Investment Pool
U. S. Government
City of Salina
Temporary Notes
Certificates of Deposits
Overnight Repurchase Agreement
$ 7,775,166
12,838,943
31.16
51.45
408,962
2,550,867
1,380,000
1.64
10.22
5.53
Total
$24,953,938
100.00%
-----------
-------
-------
-----------
Independent Audit
Kansas Statutes Annotated 75-1122 requires
account, financial records and transactions
of the City by independent certified public
Commission. This requirement has been
opinion has been included in this report.
an annual audit of the books of
of all administrative departments
accountants selected by the City
compiled with and the auditor's
7
Acknowledgements
The preparation of the Comprehensive Annual Financial Report on a timely
basis was made possible by the dedicated, professional advise and effort of
the Kennedy and Coe auditing team. Penny Allen in the City Clerks office
performed the tedious, but important, word processing task. A special thank
you needs to be given to Brenda Osborn, Accounting Supervisor, who
maintained our fixed assets records. Finally, preparation of this report
would not have been possible without the support of the City Commission.
Sincerely,
- /
~~(
, Dennis'M. ¡Úksing/'r t
City Manager
~:Z~t-/
Robert K. Biles
Director of Finance & Administration
8
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, 1992
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,
~~
President
¡;fh/~
Executive Director
9
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10
Risk Management
Keith RawHngs
Data Processing
City Clerk
Accounting
Utility Accounting
Treasurer
Planning
Permits & Inspection
Co"",,unity Development
CITY
OF
SALINA
March,
1994
CITY COMMISSION
Peter Brungardt, Mayor
Caro 1 Beggs
John Divine
Evelyn Maxwell
Joseph Warner
...........
legal
Greg Bengtson
Municipal Court Judge
Phi 1 Shaffer
Personne 1
Me1 Abbott
Human Relations
Wi 11 Burnett
Streets
Flood Works
Cemetery
TrafH c Contro 1
Centra 1 Garage
Sanitation
landfi 11
Genera 1 Improvements
Engineering
Design
Inspection
Traffic
Water & Sewer UtiHty
Water Treat & Dist.
Sewage Co ll/Treat.
Pretreatment
Operations
Food and Beverage
Bus iness/Ticket Off.
Swi"",,ing Pools
Go 1f Course
Neighborhood Centers
Parks
Recreation
Operations
Criminal Invest.
Patr"l Bureau
Management
Internal Affairs
Drug/Tech. Invest.
Administrative
Recolrds Bureau
Co_Jnications
Service Desk
Training/Co"",,, ReI.
ProplOrty/Evid. lab
Operat ions
EMS
Trainin!!
Prevent';on
11
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12
CITY OF SALINA, KANSAS
LIST OF PRINCIPAL OFFICIALS
CITY COMMISSION
Peter F. Brungardt, Mayor
Carol E. Beggs, Commissioner
John Divine, Commissioner
Evelyn Maxwell, Commissioner
Joseph A. Warner, Commissioner
CITY STAFF
Dennis M. Kissinger, City Manager
Michael Morgan, Assistant City Manager
Robert K. Biles, Director of Finance and Administration
Don Hoff, Director of Engineering and Utilities
Jim Hill, Chief of Police
Tom Girard, Fire Chief
Frank Weinhold, General Services Director
Phil Chamoff, Bicentennial Center Manager
Steve Snyder, Parks and Recreation Director
Roy Dudark, Planning and Community Development Director
Martha Rhea, Director of Arts and Humanities
Will Burnett, Human Relations Director
Mel Abbott, Personnel Director
Keith Rawlings, Risk Manager
Greg Bengtson, City Attorney
13
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14
FINANCIAL SECTION
}(UB(q Jja( ÃIIBUOnuaJu! aäBd S!q.L
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
HOME OFFICE:
p, O. BOX 1100
SALINA, KANSAS 67402-1100
913-825-1561
INDEPENDENT AUDITORS' REPORT
To the Mayor and
The Board of 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, 1993. 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 Housing Authority and Salina Airport
Authority, 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 Housing Authority
and Salina Airport Authority, is based solely on the reports of the other
auditors.
We conducted our audit in accordance with generally accepted auditing
standards, Government Audi ting standards, issued by the Comptroller
General of the United States, the provisions of Office of Management and
Budget Circular A-128 "Audits of State and Local Governments," and the
Kansas Municipal Audit Guide. Those standards and OMB Circular A-128
require that we plan and perform the audit to obtain reasonable assurance
about whether the general purpose financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the general purpose financial
statements. An audit also includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the overall
general purpose financial statement presentation. We believe that our audit
and the reports 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, 1993, and the results of its operations and the cash flows of its
proprietary fund types and nonexpendable trust funds for the year then ended
in conformity with generally accepted accounting principles.
As discussed in Note 1 to the general purpose financial statements, the
reporting entity for the year 1993 has been changed to include the Salina
Housing Authority and Salina Airport Authority as required by Statement No.
14 of the Governmental Accounting Standards Board, "The Financial Reporting
Entity. "
MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
15
Our audit was conducted for the purpose of forming an opinion on the general
purpose financial statements taken as a whole. The combining and individual
fund and account group financial statements, schedules, introductory, and
statistical sections listed in the table of contents to this comprehensive
annual financial report 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. The combining and individual fund and account group
financial statements and schedules have been subjected to the auditing
procedures applied in the audit of the general purpose financial statements
and, in our opinion, are fairly presented, in all material respects, in
relation to the general purpose financial statements taken as a whole. The
information included in the introductory and the statistical sections has not
been subjected to the procedures applied in the audit of the general purpose
financial statements, and accordingly, we express no opinion on such
information.
Salina, Kansas
June 2, 1994
Respectfully submitted,
/"
.1~ ~ ¿::~, L- L C
~.~ C.P.A.
Certified Public Accountant in Charge
of and actively engaged in this audit.
16
GENERAL PURPOSE FINANCIAL STATEMENTS
17
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18
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19
Assets and other debi ts
Assets:
Cash and Investments
Accounts Receivable
Taxes Receivable
Speci a 1 Assessments Recei vab 1 e
Due from Other Funds
Notes Receivable
Inventory and Prepaid Supplies
Restri cted Cash and Investments
Fi xed Assets
Accumulated Depreciation
Financing Leases
Deferred Issuance Costs
Other Debi ts:
Amount to be Provided-Special Assessments
Amount to be Provi ded
Amount Available in Debt Service
Total assets
Liabilities, equity and other credits:
Liabilities:
Accounts Payable
Retainage Payable
Accrued Compensated Absences
Due to Other Funds
Meter Deposits Payable
Deferred Compensation
Benefits Payable
Deferred Revenue
Payable from Restricted Assets:
Salina-KSU Sales tax liability
Accrued Interest Payable
Revenue Bonds Payable - Current
General Obligation Bonds
and Temporary Notes Payable -
Accounts and reta i nage Payable
Temporary Notes Payable
General Obligation Bonds Payable
Revenue Bonds Payable
Total Liabilities
Equity and other credits.'
Investment in General Fixed Assets
Contri buted Capi ta 1
Retained Earnings:
Unreserved
Fund Balances:
Reserved for encumbrances
Reserved for inventory
Unreserved Fund Balance
T ota 1 equi ty and other credi ts
Total liabilities, equity and
other credi ts
Genera 1
$ 3,667,867
318,017
1,499,318
0
26,800
0
84,565
0
0
0
0
0
$ 5,596,567
-----------
-----------
71,674
6,824
0
0
0
0
948,596
Current
1,027,094
265,863
84,565
4,219,045
4,569,473
$ 5,596,567
-----------
_n__--n_-
City of Sa 1 i na
Combi ned Balance Sheet
All Fund Types and Account Groups
December 31, 1993
Governmenta 1 Fund Types
Special Debt
Revenue Servi ce
$ 1.870,246
161,991
3,509,521
0
0
0
0
0
0
0
0
0
0
0
0
$ 5,541,758
___n_--__-
-__----__n
85,315
17,092
0
26,800
0
0
3,073.777
0
0
0
0
0
0
0
0
3,202,984
0
0
0
101,236
0
2,237,538
2,338,774
$ 5,541,758
The notes to the fi nanci a 1 statements are an integral part of thi s statement.
u---------
n--__-----
539,887
0
1,114,674
2,689,316
0
0
0
0
0
0
0
0
0
0
0
$ 4,343,877
___--_n__-
-----------
0
3,803,990
0
0
0
0
0
0
0
0
3,803,990
0
0
0
0
0
539,887
539,887
$ 4,343,877
-----------
_--__nun
Capita 1
Projects
60,992
277 ,685
0
0
0
0
0
0
0
0
0
0
0
0
0
$
338,677
___n__----
__n__nn-
0
0
0
0
0
0
75,977
0
0
0
0
0
0
0
0
0
0
0
75,977
0
0
0
254,343
0
8,357
262,700
338,677
--_n--__--
_n_--n_--
Page 1 of 2
Propri etary Fund Types
Internal
Enterpri se Servi ce
$ 7,809,800
481,097
0
0
31,909
0
367,680
9,624,078
63,135,861
(20,742,171)
0
349,658
0
0
0
$61.057,912
------_u-
__n_--n-
209,513
0
336,940
31,909
85,427
0
0
0
0
0
0
422,781
805,000
0
0
0
0
0
161,870
1,891,669
140,000
1,561,630
24,105,000
29,751,739
0
0
0
5,840,902
0
25,465,271
31,306,173
$61,057,912
_n____---
--u-n__-
$
857,993
13,000
0
0
0
0
0
0
831,227
(441,966)
0
0
0
0
0
0
0
0
$ 1,260,254
----------
___----_n
472,763
0
33,305
0
0
0
0
0
0
0
0
0
0
0
0
0
0
506,068
0
0
754,186
0
0
0
0
0
0
754,186
$ 1,260,254
-----------
__n--__---
20
City of Salina
Combi ned Balance Sheet
All Fund Types and Account Groups Page 2 of 2
December 31, 1993
Fiduciary Account Groups T ota 1 s Total s
Fund Type Primary Primary
Genera 1 General Government Entity
Trust & Fixed long- Tenn (Memorandum Component (Memorandum
Agency Assets Debt Only) Units Only)
Assets and other debi ts:
Assets:
Cash and Investments $ 1,939,917 0 0 $16,746,702 $ 982,164 $17,728,866
Accounts Receivable 197 0 0 1,251,987 86,616 1,338,603
Taxes Receivable 0 0 0 6,123,513 0 6,123,513
Sped a 1 Assessments Recei vab 1 e 0 0 0 2,689,316 0 2,689,316
Due from Other Funds 0 0 0 58,709 0 58,709
Notes Receivable 0 0 0 0 13,954 13,954
Inventory and Prepaid Supplies 0 0 0 452,245 28,898 481,143
Restri cted Cash and Investments 0 0 0 9,624,078 3,464,177 13,088,255
Fi xed Assets 0 20,029,359 0 83,996.447 20,687,042 104,683,489
Accumulated Depreciation - Fi xed Assets 0 0 0 (21,184,137) (5,653,930) (26,838,067)
Fi nand ng leases 0 0 0 0 2.570,416 2,570,416
Deferred I ssuance Costs 0 0 0 349,658 95,684 445,342
Other Debi ts:
Amount to be provi ded-Speci a 1 Assessments 0 0 2,689,316 2,689,316 0 2,689,316
Amount to be provi ded 0 0 9,959,125 9,959,125 0 9,959,125
Amount Available in Debt Service 0 0 539,887 539,887 0 539,887
Tota 1 assets $ 1,940,114 $ 20,029,359 $ 13,188,328 $113,296,846 $22,275,021 $135,571,867
___n___n_- n_--------- _n_--n__-- __n____n_- ___n__--_n ___n__--n-
-___--__n_- n-__n_---- n__nn---- _n_-------- ------------ ___n__n__-
liabilities, equity and other credits:
liabilities:
Accounts Payable 378,936 0 0 1,218,201 267,869 1,486,070
Retainage Payable 0 0 0 99,893 0 99,893
Accrued Compensated Absences 0 0 1,238,828 1,609,073 0 1,609,073
Due to Other funds 0 0 0 58,709 0 58,709
Meter Deposits Payable 0 0 0 85,427 0 85,427
Deferred Compensation
Benefi ts Payable 1,398,862 0 0 1,398,862 45,116 1,443,978
Deferred Revenue 0 0 0 7,826,363 83,755 7,910,118
Payable from Restricted Assets:
Salina-KSU Sales tax liability 0 0 0 0 3,178,681 3,178,681
Accrued Interest Payable 0 0 0 422,781 79,299 502,080
Revenue Bonds Payable - Current 0 0 0 805,000 350,000 1,155,000
General Obligation Bonds
and Temporary Notes
Payable - Current 0 0 0 161,870 0 161,870
Accounts and reta i nage Payable 0 0 0 1,891,669 0 1,891,669
Temporary Notes Payable 0 0 1,028,000 1,168,000 1,727,070 2,895,070
General Obligation Bonds Payable 0 0 10,921,500 12,483,130 0 12,483,130
Revenue Bonds Payable 0 0 0 24,105,000 3,855,000 27,960,000
Total liabilities 1,777,798 0 13,188,328 53,333,978 9,586,790 62,920,768
Equi ty and other credi ts:
Investment in General Fi xed Assets 0 20,029,359 0 20,029,359 0 20,029,359
Contri buted Capital 0 0 0 5,840,902 5,460,850 11,301,752
Retained Earnings:
Unreserved 0 0 0 26,219,457 7,140,736 33,360,193
Fund Balances:
Reservation for encumbrances 0 0 0 621,442 0 621,442
Reserved for inventory 0 0 0 84,565 0 84,565
Unreserved Fund Balance 162,316 0 0 7,167,143 86.645 7.253,788
Total equity and other credits 162,316 20,029,359 0 59,962,868 12,688,231 72,651,099
Total liabilities, equi ty and
other credits $ 1,940,114 $ 20,029,359 $ 13,188,328 $113,296,846 $ 22,275,021 $135,571,867
__n____nn n_____n--- n___n----- _--n_-__n- n____nn_- ____n__nn
_n____n--- n_n_n_n- ____--n__n ------------ ------------ _n---__n_-
The notes to the fi nand a 1 statements are an integral part of thi s statement.
21
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22
Clty of Sai lna
Combined Statement of Revenues, Expenditures and Changes in Fund Balance
All Governmental Fund Types
For the Fiscal Year Ended December 31. 1993
Governmenta 1 Fund Types
Speci a 1 Debt
General Revenue Service
Revenues .'
Taxes
1ntergovernmenta 1
Charges for Servi ce
Fines
Special Assessments
Interest
Reimbursements
Hi scellaneous
$ 9.992.D64
1.D69,D22
1,301,474
574.513
0
441,066
29.959
503.002
Total Revenues
13,911,100
Expenditures:
Current:
Genera 1 Government
Public Safety
Public Works
Recreation
Cultural
Conmunity Development
Health and Welfare
Bicentennial Center
Other
Capital Outlay
Debt Servi ce:
Principal
Interest and fiscal charges
Temporary Note and
Interest Payments
Purchase of Bond Escrow/
Issuance costs
1.425,852
5,666,750
1.132.607
1.600.093
346.677
128.898
78.317
0
700.392
631,062
Total Expenditures
11.710.648
Revenues over (under)
expendi tures
2.200.452
Other Financing Sources (Uses):
Operating Transfers in
Operating Transfers out
Bond and Temporary Note Proceeds
107,643
(635.335)
0
Total Other Financing
Sources (Uses)
(527.692)
Revenues and other financing sources
over (under) expendi tures and
other fi nanci ng uses
Fund Balance. January 1
Residual equity transfers in (out)
1.672.760
2.896,713
0
$ 4.013.378
1.700.806
1,872,970
445
66.637
2.249
26.009
238.481
7.920,975
1.145
167,903
254.107
0
0
46.356
94.805
1,968.806
3.847.084
927.096
0
D
0
0
7.307.302
613.673
325,000
(512.642)
0
087.642)
426.031
1.912,743
0
Fund Balance, December 31
$ 4.569,473 $ 2.338,774
..n.....". un.n..':=
$ 1.474,117
0
0
0
873,850
1.538
0
29.750
2,379,255
0
0
2,165.000
737.019
0
0
2,902,019
(522.764)
715,334
0
0
715,334
192,570
335,915
11,402
539,887
Capital
Projects
0
76,981
0
0
0
13,959
259,796
103,508
454,244
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1.464,594
Total
Primary
Government
(memorandum
Only)
$15,479.559
2.846.809
3.174,444
574,958
940,487
458.812
315,764
874.741
24.665,574
1.426,997
5.834.653
1,386,714
1,600.093
346.677
175,254
173.122
1.968,806
4,547.476
3.022,752
0
0
2.165.000
737,019
Sal ina
Housi ng
Authori ty
--
$ 0
1,019,821
10<,126
0
0
~,,980
0
3~,.152
--
1.16<',079
--
0
0
0
0
0
965,565
0
0
13,167
0
0
51,366
0
--
1,025.098
--
136.981
--
--
--
1:16.981
1,015,663
0
--
.n.n..n:= .n=.....n= .........n. ..0,,0....>==
$ 1.1!i2,644
The notes to financial statements are an integral part of this statement.
0
810,000
0
2,274,594
0.820.350)
0
0
1.648.500
1,648,500
(171,850)
445,952
01,402)
262,700
810,000
0
24,194,563
471,011
1.147,977
0,147,977)
1,648,500
1.648,500
2.119,511
5,591,323
0
$ 7.710,834
Tota 1
Report i ng
Entity
(Memorandum
Only)
$15,479.559
3,866,630
3.276,570
574,958
940,487
463,792
315,764
909,893
25,827.653
1,426.997
5.834.653
1.386.714
1,600.093
346.677
1,140,819
173,122
1.968,806
4.555.643
3,022,752
2,165,000
788.385
0
810,000
0
0
25.219,661
607,992
0
0
0
1,147.977
0,147,977)
1.648,500
0
1.648,500
2,256,492
6,606,986
0
$ 8,863,478
n....o..n=
23
Revenues:
Taxes
1ntergovernmenta 1
Charges for Servi ce
Fines
Special Assessments
Interest
Reimbursements
Miscellaneous
Transfers In
Total Receipts
Expendi tures:
Genera 1 Government
Public Safety
Public Works
Recreation
Cultural
Conrnuni ty Development
Health and Welfare
Debt Servi ce
Other
Capita lOut 1 ay
Bicentennial Center
Transfers Out
Cash Reserve
Total Expenditures
Receipts over (under)
expenditures
Unencumbered Cash, January 1
Unencumbered Cash. December 31
Cltv of Sailna
Combined Statement of Recelpts. Expenditures
and Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
General, Special Revenue and Debt Service Funds
For the Fl sca 1 Year Ended December 31, 1993
Budget
$ 8,928.583
1,101,785
1.107,550
424.000
0
300.000
102.500
17.300
573.559
12,555,277
1,464.968
5,559.797
1,115,670
1,567,388
323,778
126.805
79.504
0
803,390
483,745
0
692,334
2.168,326
14,385,705
0,830,428)
1,830,428
Genera 1 Funds
Actua 1
$ 9,653,426
1.069,542
1,305.674
557,421
0
454,101
29,959
111,939
498,706
13.680.768
1.408.512
5,657,239
1.126.298
1,600,049
346,677
128.999
78.317
0
611,846
823,123
0
727,334
0
12,508,394
1,172,374
2,184,753
cccccccc"cc cccccccccccc
0 $ 3,357,127
Vari ance
Favorable
(Unfavorable)
724,843
(32.243)
198,124
133.421
0
154,101
(72,541)
94.639
(74,853)
1,125,491
56.456
(97.442)
00,628)
(32,661)
(22,899)
(2,194)
1,187
0
191.544
(339,378)
0
(35.000)
2,168,326
1,877 ,311
3,002,802
354,325
$ 3,357,127
Page 1 of 2
Special Revenue Funds
Vari ance
Favorable
Budget Actua 1 (Unfavorable)
$ 3.897,710
1,460,722
600.000
0
75,000
0
0
0
290,000
6,323,432
0
0
252.080
0
0
0
94,805
0
3,251,900
827,500
805,749
1,226,511
986,198
7,444,743
0,121,311)
1,121,311
$ 4.004.000
1,529.268
713,004
445
60,908
0
0
186,130
290.000
6,783,755
0
0
255,449
0
0
0
94.805
0
3.149,378
849.580
838,257
1,210,348
0
6,397,817
385,938
1,144.109
0
$ 1,530,047
106,290
68,546
113,004
445
04.092)
0
0
186,130
0
460,323
0
0
(3,369)
0
0
0
0
0
102,522
(22.080)
(32.508)
16,163
986,198
1,046.926
1,507,249
22,798
cccccccccccc cccccccccccc cccccccccccc ,ccccccuccc
'I 1,530,047
The notes to financial statements are an integral part of this statement.
24
City of Sailne
Comblned Statement of Receipts. Expendltures
and Changes in Unencumbered Cash
Budget and Actua 1 - Budgeta ry Bas is
General, Special Revenue and Debt Service Funds
For the Fiscal Year Ended December 31, 1993
Debt Servi ce Funds
Vari ance
Favorable
Budget Actua 1 (Unfavorab 1 e)
Revenues:
Taxes
1 ntergovernmenta 1
Charges for Servi ce
Fi nes
Special Assessments
Interest
Reimbursements
Miscellaneous
Transfers In
$ 1.455.690 $ 1,474,117 18,427
a a a
a a a
a a a
665,000 873,850 208,850
a 1,538 1.538
D a D
29,75D 29.750 a
715,334 731,922 16,588
2.865,774 3,111,177 245.403
Total Receipts
Expendi tures:
Genera 1 Government
Public Safety
Public Works
Recreation
Cultural
Conmunity Development
Health and Welfare
Debt Service
Other
Capita lOut 1 ay
Bicentennial Center
Transfers Out
Cash Reserve
a a 0
D a a
a a a
a D a
a a a
D a a
a a a
3,001,190 2,907,205 93,985
a a a
a a a
a 0 a
D a a
150,000 a 150,000
3,151.190 2,907.205 243,985
(285,416) 203,972 489,388
285,416 335,915 50,499
a 539,887 539,887
............ ........n.. .un......'
Total Expenditures
Receipts over (under)
expendi tures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
The notes to fi nanci a 1 statements are an integral part of thi s statement.
Page 2 of 2
25
This page intentionally left blank
City of Salina
Combi ned Statement of Revenue, Expenses and Changes in Reta i ned Earn i ngs/ Fund 5a 1 ances
All Proprietary Fund Types and Simi jar Trust Funds
For the Fi sca 1 Year Ended December 31. 1993
Fudiciary T ota 1 s T ota 1 s
Propri etary Fund Types Fund Types Primary Report i ng
Government Sal ina Ent i ty
Internal Nonexpendab 1 e (Memorandum Ai rport (Memorandum
Enterpri se Servi ce Trust Only) Authori ty Only)
--
Operating Revenue:
Charges for Services $ 10,124,523 $ 1.945,171 4,231 $12.073,925 $ 886.583 $12,950,508
Reimbursements 0 7,402 0 7,402 0 7,402
Mi scellaneous 32,700 0 0 32.700 43,744 76,444
--
Total Operating Revenues 10.157,223 1.952,573 4,231 12,114,027 930.327 13,044.354
--
Operating Expenses:
Genera 1 Government 0 1,050.252 0 1,050.252 0 1,050,252
Publ ic Works 5,737.455 0 0 5,737,455 0 5,73).455
Recreation 460.527 0 0 450,527 0 450,527
Other 0 729,849 2,172 732,021 820,330 1,55,:.351
Depreciation 1,172,075 80,528 0 1.252,703 510,254 1,85,:,957
--
Total Operating Expenses 7,370,158 1,860.739 2,172 9,233.059 1,430,584 10,553,553
--
Operat i ng Income (Loss) 2.787,055 91,834 2,059 2.880,958 (500,257) 2,380,701
--
Nonoperati ng Revenues (Expenses):
Interest 320.101 0 5.255 325.357 309,578 53!j,035
Miscellaneous (1984 refunding) 93,854 0 0 93,864 0 93,864
Debt Service (435,890) 0 0 (435,890) (257,017) (703,907)
Loss on Sale of Fixed Asset (2,579) 0 0 (2,579) 0 (;~,579)
--
Total Nonoperating Revenues
(Expenses) (25.504) 0 5,256 (20,348) 42,661 2:!,313
--
Net Income (1oss) 2,751.451 91.834 7,315 2.860,610 (457,596) 2,403,014
Add Depreciation on Assets Aquired
through Federal Contributions 0 0 0 0 355,807 355.807
Increase (decrease) in --
Retained Earnings 2,751.451 91,834 7,315 2,860,510 (101,789) 2.75:1,821
Fund Equity, January 1 25,485,821 562,352 155,001 27,303,174 7,242,525 34,545,599
Change in Contributed Capital, Net 2.058,891 0 0 2,058,891 0 2,05B.891
--
Fund Equity, December 31 $31,305,173 $ 754,186 152,316 $32,222,575 $ 7,140.735 $39,353,411
...........= ....n....== ...nnn.== =.====.n." ..........== ......nn..
The notes to financial statements are an integral part of this statement.
26
City of Salina
Combi ned Statement of Cash Flows
All Proprietary Fund Types and Similar Trust Funds
For the Fiscal Year Ended December 31. 1993
Page 1 of 2
Fudiciary T ota 1s T ota 1s
Proprietary Fund Types Fund Types Primary Reporti ng
Government Salina Ent i ty
1nterna 1 Nonexpendab 1 e (Memorandum Airport (Memorandum
Enterpri se Servi ce Trust Only) Authori ty Only)
Cash Flows from Operatin9 Activities:
Operatin9 income $ 2,787.065 91,834 2,059 $ 2,880,958 (500,257) $2,380,701
Adjustments to reconcile operating income to
net cash provi ded by ope rat i ng act i vi ties:
Depreciation 1.172,075 80.628 0 1.252,703 610,254 1,862,957
Proceeds from sales tax (KSU) 0 0 a a 493.453 493,453
Payments to contractors (KSU) 0 a a a (1,756,536) (1.756,536)
Basis of asset sold a a a a 1.294 1,294
Provision for uncollectible
accounts recei vab 1 e 14,269 a a 14,269 a 14.269
Change in assets and liabilities:
Accounts Recei vab 1 e (33,951) a a (33,951) 8,54.6 (25.405)
Inventory and Prepaid Supplies (58,736) a a (58,736) (5f,3) (59,299)
Customer Meter Deposits 3,305 a a 3,305 a 3.305
Accounts Payable 2.783 324,254 a 327,037 (6,610) 320,427
Accrued 1 i abi 1 i ty for
compensated absences 35,595 (5.913) 0 29,682 a 29,682
Deferred rent a a a a 462 462
Total Adjustments 1,135,340 398,969 0 1,534,309 (649,700) 884,609
Net Cash Provi ded (used) by
Operating Activities 3,922,405 490,803 2,059 4,415,267 (1, 149,9!i7) 3,265,310
Cash Flows from Capital and Related Financing Activities:
Acquisition and construction of
capi tal assets (13,752.793) (196,075) a (13,948,868) (236,001) (14, 184,869)
Principal paid on maturing revenue bonds (670,000) a a (670.000) (265.000) (935,000)
Interest paid on revenue bonds (1,670,137) a 0 (1,670,137) (263,4139) (1,933,626)
Miscellaneous income(1984 refunding) 93,864 0 0 93,864 0 93,864
Bond Proceeds 4.853.500 0 0 4.853,500 650,000 5,503.500
Contri buted Capital 2,103,200 0 0 2,103.200 30.161 2.133.351
Issuance Costs (51.543) 0 0 (51,643) (16,093) (77,735)
Temporary Notes Proceeds 210,000 0 0 210,000 9,978 219,978
Principal from financing leases 0 0 0 0 154,4go 154,480
Interest recei ved on fi nanci ng 1 eases 0 0 0 0 280,898 280.898
Net Cash used for Capital and
Related Financing Activities (8,894,009) (195,075) 0 (9,090,084) 344,934 (8,745,150)
Cash Flows from Investin9 Activities:
Interest on Invested Cash 546,568 0 5,251 551,929 157,147 709,075
Sale of investments 0 0 0 0 1,473,872 1,473,872
Net Cash provi ded in
investing activities 545,658 0 5,251 551,929 1,531,019 2,182,948
Net increase in Cash and Investments (4,424,935) 294,728 7,320 (4,122,888) 825,995 (3,296,892)
Cash and Investments, January 1 21,858,814 563,255 154,799 22,576,878 3,325,2:99 25,902,177
Cash and Investments, December 31 $17,433,878 857.993 152.119 $18,453.990 $ 4.151,2:95 $22,605,285
..===.n..." --...nn... ------------ ...n..n... n."'Un.. ..........""
-------u---
Cash and Investments is comprised of:
Current $ 7.809,800 857.993 152.119 $ 8,829,912 787,118 $ 9,617,030
Restricted 9,624,078 0 0 9,624,078 3,364,177 12,988,255
Total $17.433,878 857,993 162,119 $18,453,990 $ 4.151.,~95 $22,605,285
..........." ........n.. n."="n.".. ............ on..n...... ..n........
27
City of Salina
Comblned Statement of Cash Flows
All Proprletary Fund Types and Similar Trust Funds
For the Fiscal Year Ended December 31, 1993
Page 2 o.r 2
Noncash Capital and Related Financial Activities:
Enterpri se Funds
Accounts Payable and Retainage Payable at December 31, 1993, includes $1.891,669 related to acquisition of fixed assets.
Deferred bond issuance costs were amortized during 1993 as follows:
Capita 1i zed as interest
Charged to debt servi ce expense
7,703
11,5:25
--
Total
19.2,28
-_u_--_u
_u_---- u
Contributions of fixed assets to enterprise funds from other funds of the City totalled $117,812 for the year ended December 31.
1993,
The notes to financial statements are an
integra 1 part of thi s statement.
28
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CITY OF SALINA
Notes to the Financial Statements
December 31, 1993
Note 1.
Summary of Significant Accounting Policies
The financial statements of the City of Salina, Kansas have been prepared in
conformity with generally accepted accounting principles (GAAP) as applied to
government units. The Governmental Accounting Standards Board (GASB) is
the accepted standard-setting body for establishing governmental accounting
and financial reporting principles. The more significant of the government's
accounting policies are described below.
A.
Reporting Entity
The City of Salina, Kansas is a municipal corporation governed by an elected,
five-member commission. These financial statements present the City of
Salina (the primary government) and its component units.
In evaluating how to define the government, for financial reporting purposes,
management has considered all potential component units. The decision to
include a potential component unit in the reporting entity was made by
applying the criteria set forth in GAAP. A component unit which meets any
one of the following three criteria must be included in the financial
reporting entity:
1.
The primary government appoints the voting majority of the board of
potential component unit and
a.
is able to impose its will on the potential component unit
and/or
is in a relationship of financial benefit or burden with
the potential component unit.
b.
2.
The potential component unit is fiscally dependent upon the primary
government.
3.
The financial statements would be misleading if data from the
potential component unit were not included.
Based upon the application of these criteria, the following is a brief review
of each potential component unit addressed in defining the government's
reporting entity.
Included in the reporting entity:
Salina Airport Authority. The Salina Airport Authority (the Airport
Authority) was established by a special state act in 1965. The City of
Salina appoints all the Airport Authority's governing body and is in a
relationship of financial benefit or burden with the Airport Authority. The
Airport Authority may not issue general obligation bonds or levy taxes
without the approval of the City Commission. Airport Authority financial
information included in this report is for the year ended December 31, 1993.
29
Salina Housing Authority. The Salina Housing Authority's (the Housing
Authority) governing board is appointed by the City of Salina. The City of
Salina is in a relationship of financial benefit or burden with the Housing
Authority. The Housing Authority may not execute certain contracts, borrow
money, issue bonds, or acquire or dispose of property without the approval
of the City Commission. Housing Authority financial information included in
this report is for the year ended June 30, 1993.
Complete financial statements of the individual component units
obtained from their respective administrative offices.
can
be
B.
Fund Accounting
The government uses funds and account groups to report on its financial
position and the results of its operations. Fund accounting is designed to
demonstrate legal compliance and to aid financial management by segregating
transactions related to certain government functions or activities.
A fund is a separate accounting entity with a self-balancing set of
accounts. An account group, on the other hand, is a financial reporting
device designed to provide accountability for certain assets and liabilities
that are not recorded in the funds because they do not directly affect net
expendable available financial resources.
Funds are classified into three categories: governmental, proprietary and
fiduciary. Each category, in turn, is divided into separate "fund types".
Governmental funds are used to account for all or most of a government's
general activities, including the collection and disbursement of earmarked
monies (special revenue funds), the acquisition or construction of general
fixed assets (capital projects funds), and the servicing of general long-term
debt (debt service funds). The general fund is used to account for all
activities of the general government not accounted for in some other fund.
Proprietary funds are used to account for activities similar to those found
in the private sector, where the determination of net income is necessary or
useful to sound financial administration. Goods or services from such
activities can be provided either to outside parties (enterprise funds) or to
other departments or agencies primarily within the government (internal
service funds).
Fiduciary funds are used to account for assets held on behalf of outside
parties, including other governments, or on behalf of other funds within the
government. Each Fiduciary Fund within the City is a non-expendable trust
fund. Due to formal trust agreements, the government is under an obligation
to maintain the trust principal. Agency funds generally are used to account
for assets that the government holds on behalf of others as their agent.
30
c.
Basis of Accounting
The accounting and financial reporting treatment applied to a fund is
determined by its measurement focus. All governmental funds and expendable
trust funds are accounted for using a current financial resources
measurement focus. With this measurement focus, only current assets and
current liabilities generally are included on the balance sheet. Operating
statements of these funds present increases (i. e. , revenues and other
financing sources) and decreases (i. e., expenditures and other financing
uses) in net current assets.
All proprietary funds and nonexpendable trust funds are accounted for on
a flow of economic resources measurement focus. With this measurement
focus, all assets and all liabilities associated with the operation of these
funds are included on the balance sheet. Fund equity (i. e., net total
assets) is segregated into contributed capital and retained earnings
components. Proprietary fund-type operating statements present increases
(e. g., revenues) and decreases (e. g., expenses) in net total assets.
The modified accrual basis of accounting is used by all governmental fund
types and agency funds. Under the modified accrual basis of accounting,
revenues are recognized when susceptible to accrual (i. e., when they become
both 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 be used to pay liabilities of the
current period. Expenditures are recorded when the related fund liability is
incurred. Principal and interest on general long-term debt are recorded as
fund liabilities when due.
Those revenues susceptible to accrual are property taxes, special
assessments, certain fines, interest revenue and charges for services. Local
sales and gas taxes collected and held by the state at year end on behalf of
the government also are recognized as revenue. Permits and licenses are not
susceptible to accrual because generally they are not measurable until
received in cash.
The accrual basis of accounting is utilized by proprietary fund types and
nonexpendable trust funds. Under this method, revenues are recorded
when earned and expenses are recorded at the time liabilities are incurred.
The government 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 government
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 government has a
legal claim to the resources, the liability for deferred revenue is removed
from the combined balance sheet and revenue is recognized.
Budgets
Budgets are adopted on a basis consistent with Kansas State Statutes.
Annual appropriated budgets are adopted for the general, debt service,
internal service, enterprise and certain special revenue funds. All annual
appropriations lapse at fiscal year end. Project-length financial plans are
adopted for all capital projects funds.
D.
31
Encumbrances represent commitments related to unperformed contracts for
goods or services. Encumbrance accounting - under which purchase orders,
contracts and other commitments for the expenditure of resources are
recorded to reserve that portion of the applicable appropriation is
utilized in the governmental funds. Encumbrances outstanding at year end
are reported as reservations of fund balances and do not constitute
expenditures or liabilities because the commitments will be honored during
the subsequent year.
E.
Pooled Cash and Investments
Cash resources of the individual funds are combined to form a pool of cash
and investments which is managed by the City (except for investments in the
Kansas Municipal Investment Pool and deferred compensation investments
purchased through ICMA Retirement Corporation). Cash includes amounts
in demand deposits. Investments of the pooled accounts consist primarily of
certificates of deposit, repurchase agreements, and U. S. government
securities carried at cost, which approximates market. Interest income
earned is allocated among funds based on average monthly cash balances and
in accordance with the adopted budget.
Investments in the Kansas Municipal Investment Pool are carred at cost.
Investments of the Employees' Deferred Compensation Fund are recorded at
market because the employer's liability to each participant is measured by
the participants share of the market value of the plan assets.
For purposes of the statements of cash flows, all cash and investments are
reported as cash since each fund may deposit additional cash at any time and
also may withdraw cash at any time withour prior notice or penalty.
F.
Short-term Interfund ReceivablesjPayables
During the course of operations, numerous transactions occur between
individual funds for goods provided or services rendered. These receivables
and payables are classified as "due from other funds" or "due to other
funds" on the balance sheet.
G.
Inventories
Inventories are valued
first-in/first-out (FIFO)
inventories are recorded
governmental fund-type
balance.
at cost, which approximates market, using the
method. The costs of governmental fund-type
as expenditures when purchased. The balance of
inventories are offset by a reservation of fund
H.
Restricted Assets
Certain proceeds of enterprise fund revenue bonds and general obligation
bonds, as well as certain resources set aside for their repayment, are
32
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. The
"Extension and Bond Retirement" account is used to report n~sources set
aside for operation, main tenance, repair, improvement and debt service
purposes, as specified by certain bond ordinances.
The following is a summary of the account balances at December 31, 1993.
Account
Water and Sewer Principal and Interest
Debt Service Reserve - 1990 Bonds
Debt Service Reserve - 1992 Bonds
Debt Service Reserve - 1993 Bonds
Unexpended Bond Proceeds
Extension and Bond Retirement
Water System Improvements
$
653,025
911,500
1,340,000
265,000
4,543,646
979,758
931,149
$9, 624 , 078
Total
----.-------
----.-------
I.
Fixed Assets
General fixed assets are not capitalized in the funds used to acquire or
construct them. Instead, capital acquisition and construction are reflected
as expenditures in governmental funds, and the related assets are reported
in the general fixed assets account group. All purchased fixed assets are
valued at cost where historical records are available and at an estimated
historical cost where no historical records are available. Donated fixed
assets are valued at their estimated fair market value on the date received.
The costs of normal maintenance and repairs that do not add to the value of
the asset or materially extend asset lives are not capitalized. Improvements
are capitalized and depreciated over the remaining useful lives of the
related fixed assets, as applicable.
Public domain ("infrastructure") general fixed assets consisting of roads,
bridges, curbs and gutters, streets and sidewalks, drainage systems and
lighting systems are not capitalized, as these assets are immovable and of
value only to the government.
Assets in the general fixed assets account group are not depreciated.
Depreciation of buildings, equipment and vehicles in the proprietary fund
types is computed using the straight-line method over the estimated useful
life of each asset.
Interest is capitalized on proprietary fund assets acquired with tax-exempt
debt. The amount of interest to be capitalized is calculated by offsetting
interest expense incurred from the date of the borrowing until completion of
the project with interest earned on invested proceeds over the same period.
33
J.
Compensated Absences
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 standiing.
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 of Financial
Accounting Standards No. 43, Accounting for Compensated Absences, a
liability is recorded for vesting accumulating rights to receive sick pay
benefits.
K.
Long-term Obligations
Long-term debt is recognized as a liability of a governmental fund when
due. For other long-term obligations, only that portion expected to be
financed from expendable available financial resources is reported as a fund
liability of a governmental fund. The remaining portion of such obligations
is reported in the general long-term debt account group. Long-term
liabilities expected to be financed from proprietary fund operations are
accounted for in those funds.
L.
Fund Equity
Contributed capital is recorded in proprietary funds that have received
capital grants or contribu60ns from developers, customers or other funds.
Reserves represent those portions of fund equity not appropriable for
expenditure or legally segregated for a specific future use.
M.
Deferred Issuance Costs
In governmental fund types, issuance costs are recognized in the current
period. Issuance costs for proprietary fund types are deferred and
amortized over the term of the related bonds. Issuance costs are recorded as
deferred charges.
34
N.
Interfund Transactions
Quasi-external transactions (i.e., transactions that would be treated as
revenues or expenses if they involved organizations external to the
governmental unit, such as internal service fund billings to departments) are
accounted for as revenues, expenditures or expenses. Transactions that
constitute reimbursements to a fund for expenditures/expenses initially made
from it that are properly applicable to another fund, are recorded as
expenditures/expenses in the reimbursing fund and as 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.
O.
Memorandum Only - Total Columns
Total columns on the general purpose financial statements are captioned
"memorandum only" to indicate that they are presented only to facilitate
financial analysis. Data in these columns do not present financial position,
results of operations or cash flows in conformity with generally accepted
accounting principles. Neither are such data comparable to a consolidation.
lnterfund eliminations have not been made in the aggregation of this data.
Note 2.
Legal Compliance - Budgets
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:
a.
Preparation of the budget for the succeeding calendar year on or
before August 1st.
b.
Publication in local newspaper of the proposed budget and notice of
public hearing on the budget on or before August 5th.
Public hearing on or before August 15th, but at least ten days
after publication of notice of hearing.
c.
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 budget amendments for the year
ended December 31, 1993.
35
The legal level of budgetary control is at the fund level. Governing Body
action is required to amend a fund's budget. The statutes permit
transferring budgeted amounts between line items within an individual fund
without formally republishing the budget. 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
au thority) lapse at year-end.
A legal operating budget is not required for capital projects funds, trust
and agency funds and the following funds:
Special Revenue Funds - Certain of the special revenue funds are not
budgeted since their revenues are designated for a special purpose or the
fund represents a clearing account. These are Bicentennial Center Event,
HOD Community Development, Community Development Revolving,
Heritage Commission, Fair Housing, Special Law Enforcement, Police Grants
and Traffic Safety Grant.
Water and Sewer Principal and Interest Account and Bond Reserve
Accounts - These funds are not budgeted since receipts and expenditures
are in accordance with requirements of applicable bond issues.
Solid Waste Construction - This fund is not budgeted since receipts and
expenditures are in accordance with requirements of a bond issue.
Special Revenue Funds which must be budgeted are the Employee Benefit,
Utility, Special Liability, Business Improvement District, Tourism and
Convention, Special Parks, Special Alcohol, Special Gas Tax and Bicentennial
Center funds.
36
Combined actual operations (budgetary basis) compared
proprietary fund types for the year 1993 are as follows:
Enterprise Funds
Receipts
Cnarges for services
Interest
Reimbursements
Miscellaneous
Intergovernmen tal
Bond and Temporary
Note Proceeds
Total Receipts
Ex¡:>enditures
Public Works
Recreation
Debt service
Capital outlay
Transfers out
Issuance Costs
Cash reserve
Total Expenditures
Receipts over (under) expenditures
Unencumbered cash, January 1
Unencumbered cash, December 31 $
Internal Service Funds
Receipts
Cnarges for services
Reim5ursements
Transfers in
Miscellaneous
Total Receipts
Expendi tures
General government
Other
Capital outlay
Transfers out
Cash reserve
Total Expenditures
Receipts over (under) expenditures
Unencumbered cash, January 1
Unencumbered cash, December 31
Budget
$10,298,900
252,000
2,000
118,300
35,000
320,000
11 ,026,200
6,199,568
464,262
2,400
1,038,700
3,151,526
0
5 , 725 , 141
16,581,597
(5,555,397)
5,555,397
0
-----------
-----------
Budget
$ 861,020
0
1,085,128
800
1,946,948
872,273
747,330
29,200
9,060
741,607
2,399,470
$
(452,522)
452,522
0
Actual
$10,312,443
465,901
150
69,891
2,103,200
3,208,500
16 , 160, 085
5,513,836
448,352
713
4,079,247
2,741,840
38,291
0
12,822,279
3,337,806
3,746,703
$ 7,084,509
-----------
-----------
Actual
$ 832,336
7,402
1,085,128
27,707
1,952,573
865,507
728,653
195,391
9,060
0
1 , 798 , 611
153,962
513,672
$
667,634
to budget
for
Variance
$:
13 , 543
213,901
áä:~õg~
2,Ò68,200
2,888,500
5 , 133, 885
685,732
15,910
1,687
(3,040,547)
409,686
(38,291)
5 , 725 , 141
3, 759,318
8,893,203
(1,808,694)
$ 7,084,509
-.----------
_._---------
Variance
$:
(28,684)
7,402
0
26,907
5,625
6,766
18,677
( 166, 191 )
0
741,607
600,859
------------ ------------ ------------
------------ ------------ ------------
~;
606,484
61,150
667,634
37
Note 3.
Budgetary Reconciliation
The actual data presented in the Combined Statement of Receip.,ts,
Ex. penditures, and Changes in Unencumbered Cash-Budgetary Basis dIffer
from the data in the Combined Statem.ent of Revenues, Expenditures and
Changes in Fund Balances, which is presented on the GAAP basis. The
folloWIng reconciliations are presented to provide a correlation between the
different bases of reporting.
Revenues (GAAP basis)
Add operating and resIdual
equity transfers
Adjustment for accrued/
deferred revenue
Nonbudgeted funds
Receipts (budgetary basis)
Expenditures (GAAP basis)
Add operating and residual
equity transfers
Adjust for encumbrances
Nonbudgeted fund s
Decrease inventory
Increase in accrued expense
Expenditures (budgetary basis)
General
Fund
$13,911 , 100
107,642
(337,974)
0
$13,680, 768
------------
------------
General
Fund
$11 , 710, 648
635,335
171,429
0
(2, 194 )
(6,824)
$12,508,394
------------
------------
Special
Revenue
Funds
$ 7,920,975
290,000
(70,252)
(1,356,968)
$ 6,783,755
------------
------------
Special
Revenue
Funds
$ 7,307,302
512,642
(47,079)
(1,361,429)
0
(13,619)
$ 6,397,817
------------
------------
Debt
Service
Fund
$ 2,379,255
731,922
0
0
$ 3, 111 , 177
-.-----------
-.-----------
Debt
Service
Fund
$ 2,902,019
5,186
0
0
0
0
$ 2,907,205
-.-----------
-.-----------
38
The actual data Rresented in Note 2 for Proprietary Fund Types differ from
the data in the Combined Statement of Revenues, Expenses and Changes in
Retained Earnings for Proprietary Fund Types. The following reconciliation
is pr~sented to provide a correlation oetween the different bases of
reportIng.
Net income (GAAP basis)
Additions:
Depreciation
Amortization of bond issue costs
Increase in accrued compensation
Increase in meter deposits payable
Increase in other accrued expenses
Bond proceeds
Contributed Capital
(Intergovernmental)
Temporary Note Proceeds
Decrease in encumbrances
Decrease in Interest Receivable
Deductions:
Capital outlay
Capitalized interest-net
Nonbudgeted Fund
Debt service-principal
Increase in encumbrances
Decrease in accrued compensation
Decrease in inventory and
prepaid supplies
Decrease in accrued interest
Payable
Increase in accounts
receivable
Decrease in other accrued
expenses
Enterprise
Funds
Internal
Service
Funds
"$ 2,761,461
,--91,834
1 , 172 , 075
19,030
35,595
3,305
0
3,263,500
2,103,200
210,000
33,227
99,752
80,628
0
0
0
185,358
0
0
0
0
0
(4,409,955)
(948,471)
(68,109)
(670,000)
0
0
(196,075)
0
0
0
(1,870)
(5,913)
0
(58,736)
(182,696)
0
(19,682)
(5,690)
0
0
Receipts over (under) expenditures
(budgetary basis) $ 3,337,806
$
153,962
------------
------------
-----.-------
-----,-------
39
Note 4.
Deposits and Investments
Deposits. At year end, the carrying amount of the government's deposits
was $2,568,847 and the bank balance was $3,079,193. All of the bank balance
was covered by federal depository insurance or by collateral held by the
government's agent in the government's name.
State statutes require that collateral be pledged in an amount equal to or
greater than 100% of the market value of deposits and such collateral be held
in the City's name by (1) a financial institution other than the pledging
financial institution or (2) the Federal Reserve Bank.
Investments.
generally in:
(1) Temporary notes or no-fund warrants issued by the City of Salina,
(2) Time deposits, open accounts or certificates of deposits with
maturities of not more than two years, and
(3) Repurchase agreements.
State Statutes authorize the city to invest cash balances
The following investment options are available if eligible financial
institutions cannot or will not make the investments described in (2) above
available at interest rates equal to or greater than the statutory interest
rate.
(1)
(2)
(3)
In V. S. Treasury Bills or notes with maturities not exceeding two
years,
In the municipal investment pool operated by the State Treasurer, or
With trust departments of commercial banks which have offices
located in Salina.
State statutes allow investment of the proceeds of bonds and temporary notes
in the following in addition to those otherwise permitted by state law:
(1) V. S. Government and agency obligations.
(2) Time deposits with banks and trust companies in Saline County.
(3) FNMA, FHLB and FHLMC obligations.
(4) Collateralized repurchase agreements.
(5) Investment agreements with financial institutions including
broker I dealers whose obligations are rated in one of the three
highest rating categories by either Moody's or Standard & Poors.
(6) Mutual funds whose portfolio consists entirely of obligations of
the V.S. Government, V.S. Government agencies, FNMA, FHLB
and FHLMC.
(7) Certain Kansas municipal bonds.
All assets of the deferred compensation plan (Section 457 Plan) are held and
invested by ICMA Retirement Corporation.
The government's investments can be categorized as either (1) insured or
registered, or securities held by the government or its agent in the
government's name, (2) uninsured and unregistered, with securities held by
the counterparty's trust department or agent in the government's name or
(3) uninsured and unregistered, with securities held by the counterparty
or by its trust department or agent but not in the government's name.
40
The following is a summary of investments by category at DecembE~r 31, 1993.
1
Categories
2
3
Carrying
Amount
Market
Value
U. S. Government Securities
Repurchase Agreements
Temporary notes
$12,838,943
0
408,962
$
0
0
0
$
0
1,380,000
0
$12,838,943
1,380,000
408,962
$12,845,813
1,411,200
408,962
$13,247,905
-
$ 0
$ 1,380,000
14,627,905
14,665,975
-----------
-----------
-----------
-----------
Deferred Compensation Investment
Municipal Investment Pool
1,398,862
7,775,166
1,398,862
7,775,166
Total Investments
$23,801,933
$23,840,003
-----------
-----------
-----------
-----------
Two funds, Police Grants and Traffic Safety Grant, experienced overdraws on
their share of the pooled cash account of $16,733 and $10,067, respectively.
The difference between the carrying amount of the cash pool and the equity
displayed in the balance sheet is summarized below:
Carrying amount - Cash Pool
Less: Fund overdraws
$26,397,580
26,800
Balance sheet equity $26,370,780
-----------
-----------
Note 5. Receivables
Receivables at December 31, 1993 consist of the following:
Trust
Special Debt Capital Internal and
General Revenue Service projects Enterprise Service Agency Total
---
Receivables:
Interest $ 139,990 $ 0 $ 0 0 $ 45,295 $ 0 $197 $ 185,482
Taxes 1,506,174 3,527,756 1,121,304 0 0 0 0 6,155,234
Accounts 269,806 86,383 0 200,279 394,663 0 0 951,131
Loans 0 30,216 0 0 0 0 0 30,216
Special Assessments 0 0 2,723,739 0 0 0 0 2,723,739
Deposit 0 0 0 0 0 13,000 0 13,000
Intergovernmental 956 61,063 0 77 , 406 125,890 0 0 265,315
--
Gross Receivables 1,916,926 3,705,418 3,845,043 277,685 565,848 13,000 197 10,324,117
Less: Allowance for
uncollectibles 99,591 33,906 41,053 0 84,751 0 0 259,301
Net Total Receivables $ 1,817,335 $ 3,671,512 $ 3,803,990 $ 277,685 $481,097 $ 13,000 $197 $10,064,816
---------- ---------- ---------- -------- ------- ----------
---------- ---------- ---------- -------- ------- ----------
Property taxes are levied as of November 1, on property values assessed as of
January 1 of the same year. The tax levy is divided into two billings. The
first billing is mailed on November 1 and the second billing is mailed on May
1. The billings are considered due upon receipt by the taxpayer; however the
actual due date is based on a period ending 50 days after the tax bill
mailing. On these dates (December 20 and June 20), the bill becomes
delinquent and penalties and interest may be assessed by the government.
41
a summary of changes in the general fixed assets account
fiscal year:
Balance
January 1
1993 Additions
Note 6.
Fixed Assets
The following is
group during the
Retirements
Land $ 2,501,353
Land Improvements 174,289
Buildings 9,983,921
Equipment 3,714,195
Vehicles 2,872,157
$
0
0
471,110
193,920
285,245
$
0
0
0
29,500
137,331
166,831
Total
$19,245,915 ~ 950,275
~
----------
----------
----------
-----------
-----------
----------
The following is a
December 31, 1993.
of proprietary
fund-type
summary
Enterprise
Funds
Land
Land Improvements
Water Plant & Equipment
Sewage Plant & Equipment
Other Buildings
Other Vehicles & Equipment
Construction in Progress
$
514,050
237,210
23,722,781
11,704,937
280,322
2,897,204
23,779,357
63,135,861
20,742,171
Less Accumulated Depreciation
Net Fixed Assets
$ 42,393,690
------------
------------
Balance
December 31
1993
$ 2,501,353
174,289
10,455,031
3,878,615
3,020,071
$2~0 , 029 , 359
--.---------
--,---------
fixed
assets
at
Internal
Service
Funds
'$ 0
0
0
0
22, 122
809,105
0
831 ,227
441,966
'$ 389,261
---.---------
--_._--------
The City has entered into contractual commitments totaling $4,103,875 to
complete certain projects included in Construction in Progress at December
31, 1993.
By Fund,
they total:
Solid Waste - Landfill Improvements
Water & Sewer - Interceptor Sewer
Water & Sewer - Sewer Plant Construction
Water & Sewer - Water System Improvements
Total
In proprietary funds,
compute depreciation:
$: 789,026
576,429
1,807,271
931,149
"1:4,103,875
--,---------
-_._--------
the following estimated useful lives are used
to
Utility Plant & Buildings
Equipment and Vehicles
20-50 Years
5-20 Years
42
Note 7.
Capitalization of Interest
Interest costs incurred to bring certain assets in proprietary funds to the
condition and location necessary for their intended use are capitalized as
part of the historical cost of acquiring the assets. Additionally, in
situations involving the acquisition of certain assets financed with the
proceeds of tax-exempt borrowing, any interest earned on related
interest-bearing investments from such proceeds are offset against the
related interest costs in determining either capitalization rates or
limitations on the amount of interest costs to be capitalized.
A summary of interest cost of the proprietary funds by fund for the year
1993 follows:
Water & Sewer
Total interest cost
Capitalized interest cost
$1,506,253
1,069,581
Interest expense
$
436,672
----------
----------
Capitalized interest cost $1,069,581
Related interest earned on unexpended
bond proceeds whose use is limited 121,110
Net Interest Cost Capitalized
$
948,471
----------
----------
Note. 8.
Risk Management
Golf
Solid Waste Course
$ 3,025 $ 218
3,025 0
$ 0 $ 218
-----------
-----------
----------
----------
$
$
0
3,025
0
0
$
$
0
3,025
-----------
----------
----------
-----------
The government 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. During fiscal year 1993, a total of $478,149 was paid in benefits
and administrative costs. An excess coverage insurance policy covers
individual claims in excess of $250,000 ($350,000 for accidents involving
employees classified as policemen or firemen). Incurred but not reported
claims of $293,003 have been accrued as a liability based primarily upon
subsequent payments. Interfund premiums are reported as quasi-external
interfund transactions.
Note 9.
Long-term Debt
General Obligation Bonds. The government issues general obligation bonds to
provide funds for the acquisition and construction of major capital
facilities. General obligation bonds have been issued for general government
activities only. General obligation bonds have been issued to refund only
general obligation bonds.
43
General obligation bonds are direct obligations and pledge the full faith and
credit of the government. These bonds generally are issued as 10 year serial
bonds, except for refunding issues, with approximately equal amounts of
principal maturing each year. General obligation bonds currently outstanding
are as follows:
Purpose
1986 Street and Utilities
1987 Downtown Redevelopment
1988 Internal Improvements
1989 Internal Improvements
1990 Broadway Overpass
1991 Internal Improvements
1991 Street and Utilities
1991 Crawford Street
1992 Crawford Street
1992 Refunding Bonds
1993 Internal Improvements
1993 Internal Improvements
Interest Rate
5.40 - 5.70 %
6.25 - 6.65 %
6.25 - 6.375%
5.90 - 6.20 %
5.75 - 6.15 %
5.25 - 6.25 %
5.4 - 7.40 %
4.05 - 6.50 %
3.75 - 5.90 %
3.50 - 4.90 %
3.40 - 5.00 %
3.50 - 5.50 %
Final Maturity
Date
Dec 1, 1996
Dec 1, 1997
Dec 1, 1998
Dec 1, 1999
Dec 1, 2000
Oct 1, 2001
Oct 1, 2001
Oct 1, 2001
Oct 1, 2002
Apr 1, 1996
Oct 1, 2003
Oct 1, 2003
Amoun t
$ 780,000
2,000,000
490,000
695,000
315,000
1,040,000
1 , 125 , 000
1,425,000
1,120,000
1,100,000
1,800,000
685,000
$12,575,000
----------
----------
for general obligation bonds,
Annual debt service requirements to maturity
including interest of $2,573,862 are as follows:
Fiscal Year Ending
December 31
1994
1995
1996
1997
1998
Thereafter
Revenue Bonds. The government also issues bonds where the government
pledges income derived from the acquired or constructed assets to pay debt
service. Revenue bonds outstanding at December 31, 1993, are as follows:
Final
Maturity Date
Purpose
Water & Sewage System
Series 1990A Refunding
Water & Sewage System
Series 1990B
Water & Sewage System
Series 1992
Water & Sewage Systems
Series 1993
Amoun t
$ 2,919,537
2,835,754
2,442,491
1,909,204
1,310,679
3,731, 197
$15,148,862
-----------
-----------
Interest Rates
Amount
6.1 - 7.0% Oct 1, 2005 $ 4,885,000
7.0 - 7.1% Oct 1, 2008 2,210,000
5.4 - 7.4% Oct 1, 2012 14,615,000
4.5 - 6.5% Oct 1, 2013 3,200,000
~;24, 910, 000
------------
------------
44
Revenue bond debt service requirements to maturity, including $17,127,184 of
interest are as follows:
Fiscal Year Ending
December 31
Amount
Total
$ 2,419,120
2,375,746
2,376,320
2,372,596
2,369,295
30,124,107
$42,037,184
1994
1995
1996
1997
1998
Thereafter
-----------
-----------
The City has established certain reserve accounts pursuant to the bond
ordinances authorizing the issuance of Combined Water and Sewage System
Revenue Bonds, Series 1990 the Combined Water and Sewerage System
Improvement Revenue Bonds, Series 1992, and the Combined Water and
Sewerage System Improvements Revenue Bonds, Series 1993, to provide funds
for the retirement of the bonds and payment of interest thereon and for
making replacements to the system in the event other funds are not
available. The pledge of gross revenues of the Water and Sewer Department
to secure payment of the bonds is subordinate to a similar pledge to secure
payment of certain defeased Water and Sewer revenue bonds.
The amounts required to be maintained in the reserve accounts established by
the bond ordinance authorizing issuance of the 1990, 1992 and 1993 bonds
have been provided and the total revenues of the water and sewerage system
appear sufficient to meet the requirements of the ordinance.
Temporary Notes. Kansas Statutes permit the issuance of temporary notes to
finance certain capital improvement projects which will be refinanced with
general obligation bonds. Temporary notes outstanding at
December 31, 1993, are payable as follows:
Date Issued
Interest Rate Due Date Amount
3.60% Dec 31, 1994 211 ,000
3.50% Dec 31, 1994 197,000
3.10% Dec 31, 1994 620,000
3.24% Aug 01, 1994 70,000
3.24% Aug 01, 1995 70,000
3.24% Aug 01, 1996 70,000
$1 , 238 , 000
----------
----------
September 1, 1992
May 1, 1993
August 1, 1993
August 1, 1993
August 1, 1993
August 1, 1993
45
Change in Long-Term Debt. The following is a summary of long-term debt
transactions for the year ended December 31, 1993.
General Long-term Debt Account Group
proprietary
Fund Types
General
Obligation
Bonds
Temporary
Notes
Accrued
Compensation
Totals
outstanding, January 1
$12,255,000
$1,021,000
$ 1,125,549
$14,401,549
$22,380,000
New Debt Issued or Acquired
1993 Internal Improvements
1993 Water & Sewer
1993 Solid Waste, Golf Course
and Traffic Contral
685,000
685,000
3,200,000
Temporary Notes
Net Change in Accrued
Compensation
817,000
146,500
817,000
1,653,500
210,000
146,500
113,279
113,279
Debt Retired
(2,165,000)
(810,000)
(2,975,000)
(670,000)
outstanding,
December 31
$10,921,500
$1,028,000
$1,238,828
$13,188,328
$26,773,500
-----------
-----------
----------
----------
---------
---------
---------,--
---------,--
-----------
-----------
In prior years, the City defeased certain general obligation and revenue
bonds by placing the proceeds of new bonds and cash and certain investments
in irrevocable trusts to provide for all future debt service payments on the
old bonds. Accordingly, the trust department assets and the liability for the
defeased bonds are not included in these financial statements. On
December 31, 1993, a total of $1,055,000 of general obligation and $10,621,000
of revenue bonds are considered defeased.
Interfund Assets/Liabilities
Due From/To Other Funds:
Note 10.
Receivable Fund
Payable Fund
Amount
Water and Sewer
General
General
Sanitation
Police Grants
Traffic Safety Grant
$31,909
16,733
10,067
Receivable/Payable from component unit:
The City of Salina's capital project funds include an accounts receivable of
$200,279 from the Salina Airport Authority for improvements at Schilling and
1-135. The Salina Airport Authority has included an accounts payable for the
same amount.
46
Note 11.
Fund Equity
A. The following reservations of fund balances and retained earnings are
used by the City.
Reserved for Encumbrances Segregates a portion of fund balance for
expenditures upon vendor performance.
Reserved for Inventories Identifies that the
represent expendable available financial resources.
B. Residual equity transfer. During 1993, the City transferred unexpended
cash balances from The Construction Fund to the Bond & Interest Fund,
resulting in a residual equity transfer of $11,402.
related
assets
do
not
Note 12.
Segment Information--Enterprise Funds
The government 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, 1993
is presented below.
operating Revenues
Depreciation Expense
Operating Income (loss)
Net Income (loss)
Current Capital Contributions
Property, Plant
and Equipment Additions 47,977
Net working capital 540,444
Total Assets 838,305
Bonds Payable 0
Total Equity $ 733,201
Note 13. Contributed Capital
solid Golf Water &
sanitation Waste Course Sewer Total
$ 876,228 $ 710,586 $ 492,728 $ 8,077,681 $10,157,223
37,801 69,774 49,568 1,014,932 1,172,075
(22,101) 114,112 (17,467) 2,712,521 2,787,065
(4,746) 134,271 (15,661) 2,647,597 2,761,461
0 53,000 0 2,005,891 2,058,891
1,301,651
610,198
3,755,643
1,800,000
$1,452,474
19,347
53,093
452,424
63,500
$ 364,468
12,770,686
6,455,282
56,011,540
24,910,000
$28,756,030
14,139,661
7,659,017
61,057,912
26,773,500
$31,306,173
During the year, contributed capital changed by the following amounts:
Source
Water & Sewer
Solid Waste
Total
Net Change
$2,005,891
-$2,005,891
$ 53,000
-$ 53,000
$2,058,891
-$2,058,891
Additions
-----------
-----------
-----------
-----------
-----------
-----------
Note 14.
Contingent Liabilities
Amounts received or receivable from grantor agencies are subject to audit and
adjustment by grantor agencies, principally the federal government. Any
disallowed claims, including amounts already collected, may constitute a
liability of the applicable funds. The amount, if any, of expenditures which
may be disallowed by the grantor cannot be determined at this time although
the government expects such amounts, if any, to be immaterial.
47
Note 15. Subsequent Event
The City issued $11,390,000 of Combined Water and Sewerage System Revenue
Refunding Bonds, series 1994, dated January 1, 1994 to refund $11,045,000 of
the series 1992 Combined Water and Sewerage System Revenue Bonds. The
Series 1994 bonds are "Crossover Bonds" and thus the series 199'2 bonds are
not considered to be defeased. The series 1994 bonds effective interest rate
was 5.135% and they mature September 1, 2001 through September 1, 2012.
The Governmental Accounting Standards Board has issued Statement No. 18,
Accounting for Municipal Solid Waste Landfill Closure and Postclousure Care
Costs, which will be effective for the City of Salina in calendar year 1994.
The cumulative effect of the adoption of this statement, which will be reported
as a reduction in the fund equity of the Solid Waste Enterprise Fund, has not
been determined.
Note 16.
Defined Benefit Pension Plan
Substantially all employees of the City of Salina participate in the Kansas
Public Employees Retirement System ("System"), a sharing mulHple-employer
public employee retirement system. A group of employees participate in the
Kansas Police and Firemen System (KP&F), a separate program administered by
the System.
Following is a summary of covered payroll and contributions to the System for
the year ended December 31, 1993.
Contributions
General Employees
Police and Firemen
Covered
Payroll
$5,598,676
4,452,571
Employer
Employee
Total
$681,460
$246,333
293,846
$540,179
$3:>3,205
8138,434
$106,872
574,588
$10,051,247
$1, 2U ,639
----------
----------
----------
-----------
----------
----------
----------
-----------
The total payroll for the City of Salina was $11,191,596 for the year ended
December 31,1993.
Substantially all employees of the City of Salina are eligible tiQ participate
in the System after one year of employment. Employees who retir'8 at or after
age 65 or age 62 with ten years service credit or at any age when years of
service plus age equal 85 "points" are entitled to a retirement benefit,
payable monthly for life, equal to 1 percent of their final avera~~e salary for
each year of "prior" service and 1.75 percent for each year of "participating"
service. Final average salary is the employee's average salary OVEœ the higher
of four years of credited service including add-ons such as accrued sick leave
and vacation leave or a three year average without add-ons. For those hired
July 1, 1993 or later, final average salary is a three year average with no
add - ons . Benefits fully vest on reaching ten years of service. Vested
employees may retire at age 55 and receive reduced retirement benefits. The
system also provides death and disability benefits. Benefits are established
by the State statute.
48
Covered employees are required by State statute to contribute four percent of
their salary to the plan. The employer is required by the SamE! statute to
contribute the remaining amounts necessary to pay benefits when due. The
contribution requirement for the year ended December 31,1993 was $353,205,
which consisted of $106,872 from the employer and $246,333 from thE! employees;
these contributions represented 1.9 percent and four percent of covered payroll
respectively.
The contribution rate (seven percent for employees) and retirement benefits for
participants in KP&F are different from those described abOVE! for other
participants in the System. Normal retirement for KP&F participants is at age
50 with 25 years of service, age 55 with 20 years, and age 60 with 15 years.
Reduced benefits are available at age 50 with 20 years of service.
The "pension benefit obligation" is a standardized disclosure measure of the
present value of pension benefits, adjusted for the effects of projected salary
increases and step-rate benefits, estimated to be payable in the future as a
result of employee service to date. The measure, which is the actuarial
present value of credited projected benefits, is intended to help users assess
the System's funding status on a going-concern basis, assess progress made in
accumulating sufficient assets to pay benefits when due, and make comparisons
among PERS and employers. The System does not make separate measurements
of assets and pension benefits obligation for individual employers. The
pension benefit obligation at June 30, 1993 for the System as a whole,
determined through an actuarial valuation performed as of that date, was $5.28
billion. The System's net assets available for benefits on that date (valued
at market) were estimated to be $4.96 billion, leaving an unfunded pension
obligation estimated at $320 million. The contribution of the eity for the
period covered by this report represents less than one perc4:mt of total
contributions required of all participating entities.
Note 17.
Deferred Compensation Plan
The City offers its employees a deferred compensation 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. At
December 31, 1993, 69 current or former employees were participating in the
plan.
All amounts of compensation deferred under the plan, all property and rights
purchased with those amounts, and all income attributable to those amounts,
property, or rights are (until paid or made available to the employee or other
beneficiary) solely the property and rights of the City (without being
restricted to the provisions of benefits under the plan), subject only to the
claims of the City's general creditors. Participants' rights under the plan
are equal to those of general creditors of the City in an amount equal to the
fair market value of the deferred account for each participant.
The City believes it is unlikely that it will use the assets to satisfy the
claims of general creditors in the future.
49
Note 18.
Construction Fund Projects
The Construction Fund is used to account for the purchase or construction of
capital facilities, equipment and public improvements.
Construction fund projects cumulative expenditures through December 31, 1993
are compared to project authorizations as follows:
Project Name
Crawford Street Phase II
Sidewalk Improvements (89-791)
Schilling Road Interchange Project
from 1-135 to South Ninth Street
Sidewalk Improvements (90-808)
Crawford Street Phase III
Ninth and Cloud Intersection
North Street Bridge
Huesner Sidewalk
1991 Sidewalks
Ninth and Belmont Intersection
KSU Boundary Roads
Prescott Improvements
Wallerius
Holmquist/ Austin
1991 Utility Improvements
Memorial Hall Renovation
Traffic Signals
Golf Course Building
Austin/Mayfair
Tasker /Laurie
Landfill Improvements
Pheasant Ridge Addition
Country Oak Addition
Georgetown Addition
Brown and Brown Addition
Country Club Addition
Golden Eagle Addition
Project
Au thoriza tion
Cumulative
Expenditures
$ 1,820,000
92,717
1,150,000
88,915
2,940,000
54,742
103,140
9,482
94,041
235,000
427,512
125,000
45,690
295,050
150,649
235,001
165,000
67,000
260,000
715,000
1,700,000
380,000
120,000
211 ,948
59,644
272,721
310,063
$ 1,730,673
72,514
934,464
79,528
959,623
57,963
100,278
10,696
37,305
199,742
492,943
88,302
33,080
2:25,372
146,931
235,688
146,010
63,629
214,084
654,860
0
0
0
0
0
0
0
A summary of the fund's
December 31, 1993 follows:
unencumbered
cash
balance
(deficit)
at
Cash balance resulting from:
Capital projects in process
Special Assessment projects
Total
$(200,709)
(40,180)
$(240,889)
----------
----------
General Funds are being used to temporarily finance the deficit cash balance as
of December 31, 1993 in accordance with K.S.A. 10-1l16(a)(2).
50
Note 19.
Compliance with Kansas Statutes
A summary of statutory compliance matters related to 1993 follows:
A.
Expenditures of the data processing funds exceeded budgeted expenditures
by $30,758 for the year ended December 31, 1993, which appears to be a
violation of the Kansas budget law (K. S. A. 79-2935)
B.
The cumulative expenditures of the following construction fund projects
exceeded the related project authorization during 1993 (See Note 18)
Ninth and Cloud Intersection
Heusner Sidewalk
KSU Boundary Roads
Memorial Hall Renovation
C.
The deficit cash balances of the Police Grant and Traffic Safety Grant
funds are reimbursable from grants received through the State of Kansas.
Accordingly, such deficit fund balances are not a violation of the cash
basis law.
D.
According to the Kansas Attorney General's opinion 94-14 dated February
7, 1994, the repurchase agreements at December 31, 1993, appear to be in
violation of Kansas Statutes (K.S.A. 12-1675), in that the securities
purchased were held in joint custody rather than held solely by the City.
Subsequent to December 31, 1993, all repurchase agreements were
terminated and monies were transferred to a secured money market deposit
account.
There were no other statutory violations noted.
Note 20.
Endowment Funds
Included in fund balance of the trust and agency
endowment funds principal.
funds is $123,749 of
Note 21.
Additional Financial Reporting Entity Disclosures
A.
Implementation of GASB Statement No. 14. Due to the implementation of
GASB Statement No. 14, financial information of the Salina Airport
Authority and the Salina Housing Authority are included in the 1993
financial statements as part of the financial reporting entity for the
first time. The effect of this change in reporting entity was to increase
the fund balance of the total reporting entity as of the beginning of the
reporting period by $8,258,188. The effect of the change for the 1993
reporting period for governmental funds was to increase the excess of
revenues and other financing sources over expenditures and other
financing uses by $136,981; the effect of the change for the 1993
reporting period for proprietary fund types was to decrease net income by
$457,596.
51
B.
Component Units
The combining balance sheet for the City's component units, the Salina Airport
Authority and the Salina Housing Authority, is presented below:
Salina
Airport
Authority
Assets and other debits:
Assets:
Cash and investments
Accounts Receivable
Inventory and Prepaid
Notes Receivable
Restricted Cash
and Investments
Fixed Assets
Accumulated Depreciation -
Fixed Assets
Financing Leases
Deferred Issuance Costs
$ 832,234*
1,024
Supplies 23,186
13,954
3,464,177*
18,004,131
(5,653,930)
2,570,416
95,684
Total Assets
19,350,876
------------
------------
Liabilities, equity and other credits:
Liabilities:
Accounts Payable
Deferred Compensation
Benefits Payable
Deferred Revenue
Payable from Restricted Assets:
Salina - KSU sales tax
liability 3,178,681
Accrued Interest Payable 79,299
Revenue Bonds Payable -
Current
Temporary Notes Payable
Revenue Bonds Payable
Total Liabilities
224,287
45,116
82,906
350,000
0
3,855,000
7,815,289
Equity and other credits:
Contributed Capital
Retained Earnings:
Unreserved
Fund Balances:
Unreserved Fund
4,394,851
7,140,736
Balance
0
Total Equity and
other credits
11,535,587
Total liabilities, equity and
other credits $19,350,876
------------
------------
* Includes investments of $145,116.
Salina
Housing
Authority
Total
$ 149,930 $ 982,164
85,592 86,616
5,712 28,898
0 13 ,954
0 3,464,177
2 , 682 , 911 20,687,042
0 (5,653,930)
0 2,570,416
0 95,684
2,924,145 22,275,021
------------ ------------
------------ ------------
43,582 267,869
0 45,116
849 83,755
0 3,178,681
0 79,299
0 350,000
1,727,070 1,727,070
0 3,855,000
1,771 ,501 9,586,790
1 , 065 , 999 5,460,850
0 7,140,736
86,645 86,645
1 , 152,644 12,688,231
$ 2,924, 145 $22,275,021
------------ ------------
------------ ------------
52
C.
D.
1)
There are no significant differences in authorized investment types
between the primary government and its discretely presented
component units. The deposits of the component units were entirely
covered by federal depository insurance or collateral held by the
pledging financial institutions in the component units' name at
December 31, 1993. Investments of component units were not
significant at December 31, 1993.
Long Term Debt
2)
a.
Salina Airport Authority. Kansas statue provide that the bonds
and other obligations and liabilities of the Authority are not
debts or liabilities of the City.
Salina Housing Authority. Notes payable are to HUD and the
Federal Finance Bank and all principal and interest payments on
such notes are to be made by HUD under subsidy
arrangements.
b.
3)
4)
Both component units are exempt from the Kansas budget laws.
There were no interfund transactions between the primary government
and the Salina Housing Authority during their respl~ctive fiscal
years.
Employees of the component units participate in the Kansas Public
Employees Retirement System, which is discussed in Note 16. All
contribution requirements were met by the component units and their
employees.
Joint Ventures. The City of Salina also participates with other local
primary governments in two joint ventures. The Salina-Saline County
Board of Health was organized by the City of Salina and Saline County to
promote public health. The Salina County-City Building Authority was
organized by Salina County, the City of Salina and Salina Unified School
District #305 to acquire, operate and maintain facilities for the
administrative offices of the three primary governments. The primary
governments each have an ongoing financial responsibility for the joint
ventures. Separate financial statements are available from the governing
board of each joint venture.
5)
The following summarizes the total fund equity and the City's contribution
to the operations of each of the joint ventures.
Total Fund Balance, December 31, 1993
Year 1993
Total Revenues
Revenues from City of Salina
Building
Board of Health Authority
$ 656,753 $ 152,669
$2,070,753 $ 489,330
$ 274,000 $ 130,941
Related Organization. The Mayor of the City of Salina appoints the
governing board of the Salina Public Library, but the primary government
has no financial accountability for the Library, which has its own tax
levying authority.
53
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54
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.
This page intentionally left blank
City of Sal1na
Comparative Balance Sheets
Genera 1 Fund
December 31, 1993 and 1992
Liabilities and Fund
Liabilities:
Accounts Payable
Retainage Payable
Deferred Revenue
Ba lances
TOTALS
1993 1992
13.667.867 $2.305.604
318.017 331.138
1.499.318 925.238
84.565 86.759
26.800 13.320
5.596.567 3.662.059
=====n=== ==========
71.674 39.735
6.824 0
948.596 725.611
1,027.094 765.346
265.863 94.434
84.565 86.759
4.219.045 2.715.520
4,569,473 2,896,713
$5.596.567 $3.662.059
---------- ==========
--n--_---
Assets
Cash and Investments
Accounts Recei vab 1 e
Taxes Receivable
Prepaid Supplies
1nterfund Receivable
Total assets
Total Liabilities
Fund Balances.'
Reserved for encumbrances
Reserved for inventory
Unreserved fund balance
Total fund balances
Total liabilities and fund balances
55
Revenue:
Taxes
1ntergovernmenta 1
Charges for Servi ces
Fines
Interest
Rei mbursement s
Hi scellaneous
Total Revenues
Expendi tures:
Genera 1 Government
Public Safety
Public Works
Recreation
Cultural
Conmunity Development
Health and Welfare
Capi ta lOut lay
Other
Tota 1 Expenditures
Revenue over (under) expendi tures
Other Financing Sources (Uses):
Operati ng Transfers in
Operating Transfers out
Total Other Financing Sources (Uses)
Revenues and other fi nanci ng
sources over (under) expendi tures
and other financing uses
Fund Balances, January 1
Residual Equity Transfer
Fund Balances, December 31
City of 5al1na
Comparat; ve Statement of Revenues, Expend; tures
and Changes in Fund Ba 1 ances
Genera 1 Fund
Year Ended December 31, 1993 and 1992
TOTA.S
1993 1992
$ 9.992.064 $ ~,292.838
1.069.022 1.025.270
1.301.474 1.165.595
574.513 347.549
441,066 356.590
29.959 34,414
503.002 828,465
13,911.100 13,050.721
1.425.852 1.455.631
5.666.750 5,360.090
1.132.607 1.189.647
1.600.093 1.567.104
346.677 337.911
128.898 123.204
78.317 75.230
631.062 697.049
700.392 2.784.058
11,710.648 13.589.924
2,200,452 (539.203)
107.643 110,055
(535,335) (622.950)
(527,692) (512.885)
1.572.760 0.052.088)
2.896.713 3.946.752
0 2.049
$ 4.569.473 $ 2.896.713
n..n....:: ."n........
56
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57
city of Salina
General Fund
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Page 1 of 2
Total Receipts
Budget Actual Va:riance
$ 807,583 $ 831,564 $ 23,981
6,590,000 7,141,477 551,477
1,531,000 1,680,385 149,385
1,101,785 1,069,542 (32,243)
1,107,550 1,305,674 198,124
424,000 557,421 133,421
300,000 454,101 154,101
102,500 29,959 (72,541)
17,300 111,939 94,639
573,559 498,706 (74,853)
12,555,277 13,680,768 1,125,491
Receipts:
Taxes - Property
Taxes - Sales
Taxes - Franchise
Intergovernmental
charges for Services
Fines
Interest
Reimbursements
Miscellaneous
Transfers in
Expenditures:
City Commission
City Manager
Legal
Finance
Personnel
Buildings
Human Relations
Police
Municipal Court
Parking Meters
Fire
Permits and Inspection
Engineering
Streets
Flood Works
Traffic Control
Parks
Swimming Pools
Neighborhood Centers
Recreation
Arts and Humanities
Smoky Hill Museum
Planning
Heritage Commission
Cemetery
contingency
Capital Outlay
Transfers out
Cash Reserve
Total expenditures
500,300 477,330 22,970
183,708 184,644 (936)
85,800 69,048 16,752
287,242 278,981 8,261
87,241 83,843 3,398
218,300 210,871 7,429
102,377 103,795 (1,418)
2,495,376 2,466,941 28,435
178,686 172,741 5,945
34,916 33,351 1,565
2,707,168 2,819,569 (112,401)
143,651 164,637 (20,986)
171,818 173,659 (1,841)
716,274 740,087 (23,813)
89,130 83,917 5,213
138,448 128,635 9,813
643,128 642,900 228
64,800 58,000 6,800
61,884 69,588 (7,704)
797,576 829,561 (31,985)
155,932 161,139 (5,207)
167,846 185,538 (17,692)
117,555 119,476 (1,921)
9,250 9,523 (273)
79,504 78,317 1,187
803,390 611,846 191,544
483,745 823,123 (339,378)
692,334 727,334 (35,000)
2,168,326 0 2,168,326
14,385,705 12,508,394 1,1377,311
58
city of Salina
General Fund
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Page 2 of 2
Budget
Actual Variance
1,172,374 3,002,802
2,184,753 354,325
Receipts over
(under) expenditures
(1,830,428)
Unencumbered Cash, January 1
1,830,428
Unencumbered Cash,
December 31
$
0
$ 3,357,127
$ 3,357,127
-----------
-----------
----------
----------
----------
----------
59
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SPECIAL REVENUE FUNDS,
Special revenue funds are used to account for specific revenues that are legally
restricted to expenditure for particular purposes.
Employee Benefit:
This fund is used to account for the costs of various benefits provided to
governmental employees.
Utility:
This fund is used to account for the electric, gas, water and telephone costs
of the City's operations except for those utility costs which are directly
chargeable to Enterprise and Internal service funds.
Special Liability:
This fund is used to provide
insurance costs for employees.
for
liability
and
workE!r's
compensation
Business Improvement District:
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 Bus:iness Improvement
District.
Tourism and Convention:
This fund is used to account for transient guest tax ,[,"evenues
specifically restricted to promotion and tourism activities.
and
are
Special Parks:
This fund is used to account for liquor tax revenues which must be used for
park maintenance and improvements.
Special Alcohol:
This fund is used to account for liquor tax revenues which must be used for
programs which address prevention, education or intervent~ion in drug and
alcohol abuse.
special Gas:
This fund is used 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:
This fund
center.
is used to
account
for the
activities
at
the
city's
convention
Bicentennial Center Event:
This fund is used to account for the revenues and expenses associated with
special events (concerts, shows, etc.) which occur at 1:he Bicentennial
Center.
HOD community Development:
This fund is used to account for grants received from the state which must be
used for housing or economic development purposes.
Heritage Commission:
This fund is used to account for
heritage preservation activities.
revenues
and
expenses
associated
with
Fair Housing:
This fund is used to account for grants received from the fl3deral government
which must be used to monitor and mediate fair housing complaints.
Law Enforcement:
This fund is used to account for revenues received from the sale of forfeited
assets acquired during drug enforcement activities. ExpensE~s are restricted
to capital items to be used for further drug enforcement activities.
police Grants:
This fund is used to account for revenues received from grants which
restricted to special police activities such as D.A.R.E.
are
Traffic Safety Grant:
This fund is used to account for revenues received
specifically restricted to traffic enforcement.
from grants which
are
This page intcntionaHy left blank
61
CIty of Salina
COIIiIininq Balance Sheet
Special Revenue funds
December 31. 1993
(With campuat1ve totals for December 31. 1992)
Page 1 of 3
BUSINESS rOORISM
EMPLOYEE SPECIAL IMPROVEMENT ANO SPECIAL SPECIAL SPECIAL
BENEFIT UTILITY LIABILITY DISTRICT CooVENT [00 PARKS ALC(H L GAS
Assets
Cash and Investments 539.891 180.156 26.364 171 41.173 0 3.838 596.071
Accounts Receivable 0 a 0 18.065 a a a a
Taxes Receivable 1.985.219 170,5215 307.143 a 132.548 a a 314.085
rota I assets 2.525.110 950.682 333.507 18.836 173.721 0 3.838 910.156
.u....... ""u...... "a....... ~ a....... a........ "a....... "a....... a........
Liabilities and fund Balances
Li abi Ii ties:
Accounts Payable 301 58. 460 0 0 0 0 a 4.333
Reta naqe Payable 0 0 0 0 0 0 a 15,346
Defern!d Revenue 1.985.219 170.5215 307.143 10.889 0 0 a 0
Interfund Payable 0 a 0 a 0 0 a a
Total Liabilities 1.985.520 828.9815 307.143 10.889 0 0 a 10.1579
Fund Balances:
Reserved for encumbrances 0 a 0 0 0 a a 63.624
Unreserved fund balance 539.590 121.696 26,364 7.947 173.721 0 3.838 835.853
Total fund balances 539.590 121.696 26.364 7.947 173.721 0 3.838 899.477
Tota I liabilities and
fund balances S 2.525.110 950.682 333.507 18.836 173,721 0 3,838 910.1515
n........ ~......... "u....... "a....... "n....... a........ ",........ =.........
62
Cltv of Sallna
Combi ni n9 Ba 1 once Sheet
Special Revenue Funds
December 31. 1993
(With comparative totals for December 31. 1992)
Page 2 of 3
BI-
BI- CENTENNIAL HUO
CENTENNIAL CENTER Ca+tJNITY HERITAGE FAIR LAW POLICE
CENTER EVENT DEVELOPMENT CCM-1ISS1ON HOOS1NG ENFORCEMENT GRANTS
--
Assets
Cash and Investments 315.521 43.219 90.212 1.914 21.988 9.128 0
Accounts Recei vab 1 e 52.647 0 30.216 0 0 0 38.216
Taxes Receivable 0 0 0 0 0 0 0
--
Total Assets 368.168 43.219 120.428 1.914 21,988 9,128 38.216
uu__un nn____h :::::n::= _nn_n_- n:::n::= _nn__u- __--U_n-
-_____un _nnn_n nn_n_n Uu__U_- _U_--__n
Liabilities and Fund Balances
Liabilities:
Accounts Payable 9,406 0 35 0 0 0 0
Retainage Payable 10.746 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0
1nterfund Payable 0 0 0 0 0 0 16.733
--
Total Liabilities 20.152 0 35 0 0 0 16.733
--
Fund Balances:
Reserved for encumbrances 37.612 0 0 0 0 0 0
Unreserved fund balance 310.404 43.219 120,393 1.914 21.988 9.128 21.483
--
Total fund balances 348.016 43,219 120.393 1.914 21.988 9.128 21,483
--
Total liabilities and
fund balances 368,168 43.219 120.428 1.914 21.988 9.128 38.216
::::::::== nn____n n___un- hhh___n nnn:::= ____nun _u__nn-
nnnnh _n_nu_- _n_h_hn nn____h n-_____--
63
CityofSallna
Combining BaJance Sheet
Speci a 1 Revenue Funds
December 31. 1993
(With comparative totals for December 31, 1992)
Page 3 of 3
Total Assets
TRAFFIC TOTALS
SAFETY
GRANT 1993 1992
0 $1,870,246 11,451.894
22,847 161.991 152,236
D 3.509,521 3,563,564
22,847 5.541,758 5,167,694
-_nnn_- ----__un ---U____n
--_nn--- U__--un ,----------
Assets
Cash and Investments
Accounts Receivable
Taxes Receivable
Liabilities and Fund
liabilities:
Accounts Payable
Retainage Payable
Deferred Revenue
Interfund Payable
Ba lances
Total Liabilities
12,780 85,315 74,676
D 17,092 3,472
0 3.073,777 3,163,483
10.067 26,800 13,320
22,847 3,202,984 3.254,951
Fund Balances:
Reserved for encumbrances
Unreserved fund ba lance
Total fund balances
0 101.236 148.315
0 2,237,538 1,764.428
0 2.338.774 1,912,743
$ 22,847 $5.541.758 $5.167,694
-_nu___- UUn_n- ==========
-n_u___- -_-_nu_-
Total liabilities and fund balances
64
This page intentionally left blank
65
City of Salina
Combi ni ng Statement of Revenue, Expenditures
and Changes in Fund Balances
Special Revenue Funds
Year Ended December 31, 1993
(With comparative totals for December 31, 1992)
Page 1 of 3
BUSINESS TOURISM
EMPLOYEE SPECIAL IMPROVEMENT AND SPECIAL SPECIAL SPECIAL
BENEFIT UTI UTY UAB1 LITY DISTRICT CONVENTION PARKS ALCOHOL GAS
Revenues
Taxes $ 2,386,976 749,425 376,427 0 $ 500,550 0 0 $ 0
1ntergovernmenta 1 175,000 0 0 0 0 74,462 74,462 1,221,742
Charges for Servi ces 0 0 0 0 0 0 0 0
Fines 0 0 0 445 0 0 0 0
Speci a 1 Assessments 0 0 0 66,637 0 0 0 0
Interest 0 0 0 0 0 0 0 0
Reimbursements 5,995 0 0 0 0 0 0 0
Miscellaneous 174,135 0 0 0 0 0 0 5,000
Total Revenues 2,742,106 749,425 376,427 67,082 500,550 74,462 74,462 1,226,742
Expenditures:
General Government 0 0 0 0 0 0 0 0
Public Works 0 0 0 0 0 0 0 254,107
Public Safety 0 0 0 0 0 0 0 0
Corrmunity Development 0 0 0 0 0 0 0 0
Health and Welfare 0 0 0 0 0 0 94,805 0
Bicentennial Center 0 0 0 0 0 0 0 0
Capital Outlay 6,909 0 0 0 0 0 0 699,761
Other 2,429,324 727,093 374,626 46,041 270,000 0 0 0
Total Expenditures 2,436,233 727,093 374,626 46,041 270,000 0 94,805 953,868
Revenues over (under)
expendi tures 305,873 22,332 1,801 21,041 230,550 74,462 (20,343) 272,874
Other Financing Sources (Uses).'
Operating Transfers in 0 0 0 0 0 0 0 0
Operati ng Transfers Out 0 0 0 (I7 ,000) (I80,OOO) (90,642) 0 (225,000)
Total Other Financing
Sources (Uses) 0 0 0 (I7 ,000) (I80,OOO) (90,642) 0 (225,000)
Revenues and other fi nanci ng
sources over (under) expenditures
and other financing uses 305,873 22,332 1,801 4,041 50.550 (I6,180) (20,343) 47,874
Fund Balances, January 1 233,717 99,364 24,563 3,906 123,171 16,180 24,181 851,603
Residual Equity Transfer 0 0 0 0 0 0 0 0
Fund Balances, December 31 539,590 121,696 26,364 7,947 173,721 $ 0 3,838 $ 899,477
------------ ------__nn -----_-___n ------------ -------_n_- ---------_n ------------ ------------
------------ ------------ -_n_n____- u_--------- ------------ -_u--n__-- ----____nn -u-n_-----
66
City of Salina
Combining Statement of Revenues, Expenditures
and Changes in Fund Balances
Speci a 1 Revenue Funds
Year Ended December 31, 1993
(With comparative totals for December 31, 1992) Page 2 of 3
BI-
BI- CENTENNIAL HUD SPECIAL
CENTENNIAL CENTER CCM-1UNITY HERITAGE FAIR lAW POLICE
CENTER EVENT DEVELOPMENT CCM-11SSION HOUSING ENFORCEMENT GRANTS
Revenues:
Taxes 0 a $ a $ a $ a $ a $ a
Intergovernmenta 1 a 0 20,221 0 0 a 112,072
Charges for Servi ces 751,751 1,121,219 0 a a a a
Fines a a a a 0 0 a
Speci a 1 Assessments a a a a a 0 a
Interest a a 2,249 a a a a
Reimbursements 1,000 0 13,372 a 0 a 5,642
Mi sce 11 aneous a a 49,122 1,488 1,600 7.136 a
Total Revenues 752,751 1,121,219 84,964 1,488 1,600 7,136 117,714
Expenditures.'
Genera 1 Government a a a a 1,145 a a
Public Works 0 a a a 0 a a
Public Safety a a a a a 65 158,064
Coomunity Development 0 0 46,356 a 0 a a
Health and Welfare 0 0 a a a 0 a
Bicentennial Center 838,256 1,130,550 a 0 a a a
Capital Outlay 204,951 a a a a 2,402 a
Other a a 0 0 a 0 a
Total Expenditures 1,043,207 1,130,550 46,356 a 1,145 2,467 158,064
Revenues over (under)
expendi tures (290,456) (9,331) 38,608 1,488 455 4,669 (40,350)
Other Fi nanci n9 Sources (Uses).'
Operating Transfers in 290,000 a 0 a a a 35,000
Operating Transfers Out a a a a a a a
Total Other Financing
Sources (Uses) 290,000 a a a a a 35,000
Revenues and other financing
sources over (under) expenditures
and other fi nanci ng uses (456) (9,331) 38,608 1,488 455 4,669 (5,350)
Fund Balances, January 1 348,472 52,550 81,785 426 21,533 4,459 26,833
Residual Equity Transfer a a 0 a a a a
Fund Balances, December 31 348,016 43,219 $ 120,393 $ 1,914 $ 21,988 9,128 $ 21,483
_n___n__n n__--n___- ---_-n____- __n_nn__- ______n___- __n__n___- nn_____n-
_n__n___h n__Uhn_- nn___-__n h--_nnn- _nnnn_n ___n_n___- n__n_____-
67
City of Sahna
Comb; ni ng Statement of Revenues. Expend i tures
and Changes in Fund Ba ¡ ances
Special Revenue Funds
Year Ended December 31, 1993
(With comparative totals for December 31, 1992)
Page 3 of 3
TRAFFIC
SAFETY
GRANT
TOTALS
1993
1992
--
Revenues:
Taxes
1 ntergovernmenta 1
Charges for Services
Fines
Special Assessments
Interest
Reimbursements
Miscellaneous
Total Revenues
0 $ 4,013,378 $ 3,394,136
22,847 1,700.806 l,n1,344
0 1.872,970 1.2~ll.326
0 445 335
0 66,637 72,344
0 2,249 2,380
0 26,009 1,053
0 238,481 26,194
--
22,847 7,920,975 6,479.112
--
Expendi tures:
Genera 1 Government
Publ ic Works
Public Safety
Comnuni ty Development
Health and Welfare
Bicentennial Center
Capita lOut 1 ay
Other
T ota 1 Expenditures
0 1.145 7,760
0 254,107 232,563
9,774 167,903 20,918
0 46,356 215,880
0 94,805 63,503
0 1.968,806 1,415,537
13,073 927,096 833,101
0 3,847,084 3,55:2,958
--
22.847 7,307,302 6,34:2,220
--
Revenues over (under)
expendi tures
0 613,673 136,892
--
0 325,000 27:1,231
0 (512,642) (496,296)
--
0 (187,642) (22~),065)
--
0 426,031 (8H,173)
0 1,912,743 2,Oo;~,965
0 0 (,~,049)
--
0 $ 2,338,774 1,91,~,743
..u........ ....n.....= nnn.......
Other Financin9 Sources (Uses):
Operating Transfers in
Operating Transfers Out
Total Other Financing
Sources (Uses)
Revenues and other financing
sources over (under) expenditures
and other fi nanci ng uses
Fund Balances, January 1
Residual Equity Transfer
Fund Balances, December 31
68
City of Salina
Employee Benefit
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Taxes - Property
Intergovernmental
Miscellaneous
Total receipts
Expenditures:
Earned Leave
Unemployment
Social Security
Life Insurance
Kansas Police and
Fire Retirement
Kansas Public Employees
Retirement
Health Insurance
Transfers Out
Capital Outlay
Cash Reserves
Total Expenditures
Receipts over
(under) Expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget
Actual
$ 2,339,781 $ 2,386,976
175,000 175,000
0 180,130
2,514,781 2,742,106
40,000 38,854
27,900 25,896
345,300 337,406
44,000 45,540
541,000 564,387
78,900 64,762
1,118,800 1,029,399
323,080 323,080
0 6,909
220,000 0
2,738,980 2,436,233
(224,199) 305,873
224,199 233,717
$
$
0
539,590
----------
----------
----------
----------
Variance
$ 47,195
0
180,130
~~27, 325
1,146
2,004
7,894
(1,540)
(23,387)
14,138
89,401
0
(6,909)
2:20,000
3:02,747
5,30,072
9,518
$
539,590
---'-------
---,-------
69
City of Salina
utility
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Total receipts
Budget Actual Vélr iance
$ 735,821 $ 749,425 $ 13,604
735,821 749,425 13,604
55,000 78,678 (23,678)
250,000 274,948 (24,948)
95,000 62,169 32,831
290,000 271,784 18,216
38,000 39,514 (1,514)
100,000 0 100,000
828,000 727,093 100,907
(92,179) 22,332 114,511
92,179 99,364 7,185
$ 0 $ 121,696 $ 121,696
---------- ---------- ---.-------
---------- ---------- ---.-------
Receipts:
Taxes - Property
Expenditures:
Gas Service
street Lighting
Water Service
Light and Power
Traffic Control
Cash Reserves
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
70
Receipts:
Taxes - Property
Total receipts
Expenditures:
Transfers Out
Cash Reserves
City of Salina
Special Liability
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Total expenditures
Receipts over
(under)expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
$
Budget Actual
372,108 $ 376,426
372,108 376,426
374,626 374,626
20,000 0
394,626 374,626
(22,518) 1,800
22,518 24,563
$ 0 $ 26,363
---------- ----------
---------- ----------
Variance
$ 4,318
4,318
0
20,000
20,000
24,318
2,045
$ 26,363
-----------
-----------
71
City of Salina
Business Improvement Dist.
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Fines
Special Assessments
Total receipts
Expenditures:
Contractual
Transfers Out
Cash reserves
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget Actual
$ 0 $ 445
75,000 60,908
75,000 61,353
58,000 46,041
17,000 17,000
863 0
75,863 63,041
(863) (1,688)
863 2,459
$ 0 $ 771
---------- ----------
---------- ----------
Variance
$ 445
(14,092)
(13,647)
11,959
0
863
12,822
(825)
1,596
$
771
-----------
-----------
72
City of Salina
Tourism and Convention
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Budget Actual
Receipts:
Taxes - Transient Guest $ 450,000 $ 491,173
Total receipts 450,000 491,173
Expenditures:
Contractual 270,000 270,000
Transfers out 180,000 180,000
Total expenditures 450,000 450,000
Receipts over
(under) expenditures 0 41,173
Unencumbered Cash, January 1 0 0
Unencumbered Cash,
December 31 $ 0 $ 41,173
---------- ----------
---------- ----------
Variance
$
41,173
41,173
0
0
0
41,173
0
$
41,173
---.-------
---.-------
73
City of Salina
Special Parks
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Budget Actual Variance
Receipts:
Intergovernmental $ 92,861 $ 74,462 $ (18,399)
Total receipts 92,861 74,462 ~18,399)
Expenditures:
Transfers Out 106,805 90,642 16,163
Total Expenditures 106,1:105 90,642 16,163
Receipts over
(under) expenditures ( 13,944) (16,180) (2,236)
Unencumbered Cash, January 1 13,944 16,180 2,236
Unencumbered Cash,
December 31 $ 0 $ 0 $ 0
---------- ---------- ---.-------
---------- ---------- ---.-------
74
City of Salina
Special Alcohol
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Budget Actual Variance
Receipts:
Intergovernmental $ 92,S61 $ 74,462 $ {IS,399)
Total receipts 92,S61 74,462 {IS, 399)
Expenditures:
Contractual 94,S05 94,805 0
Cash Reserve 20,000 0 20,000
Total expenditures 114,B05 94,B05 20,000
Receipts over
(under) expenditures (21,944) (20,343) 1,601
Unencumbered Cash, January 1 21,944 24,181 2,237
Unencumbered Cash,
December 31 $ 0 $ 3,838 $ 3,838
---------- ---------- -----------
---------- ---------- -----------
75
city of Salina
Special Gas Tax
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Intergovernmental
Miscellaneous
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
Other Services
Capital Outlay
Transfers Out
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget Actual
$ 1,100,000 $ 1,205,344
0 5,000
1,100,000 1,210,344
109,480 105,552
114,100 137,657
0 12,105
28,500 135
717,500 610,854
225,000 225,000
269,635 0
1,464,215 1,091,303
(364,215) 119,041
364,215 409,073
$ 0 $ 528,114
----------- -----------
----------- -----------
Variance
$
105,344
5,000
~.10,344
3,928
(23,557)
(12,105)
28,365
106,646
0
269,635
---::172, 912
483,256
44,858
$
~i28, 114
------------
---_._------
76
City of Salina
Bicentennial Center
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
charges for Services
Miscellaneous
Transfers In
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
Other Services and Charges
Capital Outlay
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget
Actual
$
$
713,004
1,000
290,000
600,000
0
290,000
890,000
1,004,004
466,549
50,200
2,000
287,000
110,000
355,700
459,521
38,234
317
340,185
231,817
0
1,271,449
1,070,074
(381,449)
381,449
(66,070)
334,572
$
$
0
268,502
----------
----------
----------
----------
Variance
$
113,004
1,000
0
--=L14, 004
7,028
11,966
1,683
(53,185)
(121,817)
355,700
~!Ol,375
315,379
(46,877)
$
268,502
-----------
-----------
77
City of Salina
Bicentennial Center Event
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Charges for Services
Total receipts
Expenditures:
Supplies
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
1,121,219
-r-,121, 219
1,130,551
-r-,130, 551
(9,332)
52,551
$
43,219
-----------
-----------
78
City of Salina
HUD Community Development
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Intergovernmental
Interest
Miscellaneous
Transfers in
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
88,000
929
58,455
19,399
166,783
11,640
31
34,459
46,130
120,653
(64,593)
r- 56,060
------------
------------
79
City of Salina
Community Development Revolving
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Interest
Miscellaneous
Total receipts
Expenditures:
Contractual
capital Outlay
Transfers Out
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
1,319
2,721
4,040
24
200
19,399
19,623
{15, 583)
49,701
$
34,118
------------
------------
80
City of Salina
Heritage Commission
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Miscellaneous
Total Receipts
Expenditures:
Total expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
1,488
1,488
0
426
$
1,914
------------
------------
81
City of Salina
Fair Housing
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Miscellaneous
Total receipts
Expenditures:
Contractual
Supplies
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
1,600
1,600
1,125
21
1,146
454
21,533
r- 21,987
------------
------------
82
City of Salina
Special Law Enforcement
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Miscellaneous
Total receipts
Expenditures:
Other Services
Capital Outlay
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
$
7,136
7,136
65
2,402
2,467
4,669
4,459
$ 9,128
------------
------------
83
Receipts:
Intergovernmental
Miscellaneous
Transfers in
Total receipts
Expenditures:
Personal Services
Supplies
Other services
City of Salina
Police Grants
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis,
For the year ended December 31, 1993
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
93,293
5,642
35,000
-133,935
120,677
16,076
21,312
----::L58, 065
(24,130)
7,397
$
(16,733)
------------
------------
84
Expenditures:
Supplies
Contractual
Capital outlay
City of Salina
Traffic Safety Grant
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31,1993
Total expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
2,379
7,395
13,073
22,847
0
r-l,22,847)
------------
------------
85
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86
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.
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CityofSallna
Comparat i ve Ba J once Sheets
Debt Servi ee Fund
December 31. 1993 and 1992
TOTALS
1993
1992
Assets:
Cash and Investments
Taxes Receivable
Special Assessments Receivable
Tota 1 assets
539.887 335.915
1.114.674 1.295.455
2.689.316 3.114.046
4.343.877 4.745.416
.........;;; ;;==nn==..
Liabilities and Fund Balances
liabilities.'
Deferred Revenue
3.803.990
4.409.501
Total Liabilities
3.803.990
'1.409.501
Fund Balances:
Unreserved fund balance
539.887
335.915
Total fund balances
--
539.887
335.915
--
Tota 1 1 i abil it i es and fund balances
$ 4.343.877
$ I~. 745.416
n..=.....;=
n_nn__n_-
--_nn_n_h
87
Revenue:
Taxes
Special Assessments
Interest
Mi sce 11 aneous
Total Revenues
Expendi tures:
Debt Servi ce:
Principal
Interest and fi sca I charges
Total Expenditures
Revenue over (under) expendi tures
Other Fi nanci ng Sources (Uses):
Operating Transfers in
Bond Proceeds
Purchase of Bond Escrow/Issuance Costs
Total Other Financing Sources (Uses)
Revenues and other financing
sources over (under) expendi tures
and other fi nanci ng uses
Fund Balances. January 1
Residual Equity Transfers in
Fund Balances, December 31
City of Sallna
Comparat ì ve Statement of Revenues. Expendi tures
and Changes in Fund Ba 1 ances
Debt Servi ce Fund
Years Ended December 31. 1993 and 1992
TOTAL~;
1993 1992
$ 1,474,117 $ 1,210.351
873.850 808.887
1.538 4.764
29.750 35.450
2,379.255 <'.059.452
2.165,000 1,992,000
737,019 776,149
2,902,019 2.768,149
(522,764) (708,697)
715.334 737,950
0 1,660.000
0 0,657.590)
715.334 740.360
192,570 31,663
335,915 304,252
11,402 0
539,887 335,915
............ ............
88
City of Salina
Bond and Interest Fund
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Taxes
Special Assessments
Accrued Interest on
Miscellaneous
Transfers in
Bonds
Total receipts
Expenditures:
Principal
Interest
Commission and
Other Services
Transfers out
Cash Reserve
Postage
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget Actual V,:¡r iance
$ 1,455,690 $ 1,474,117 $ 18,427
665,000 873,850 :208,850
0 1,538 1,538
29,750 29,750 0
715,334 731,922 16,588
2,865,774 3,111,177 -245,403
2,220,000 2,165,000 55,000
779,690 734,688 45,002
1,500 826 674
0 1,506 (1,506)
0 5,185 (5,185)
150,000 0 JL50,000
3,151,190 2,907,205 ---;;!43, 985
(285,416) 203,972 489,388
285,416 335,915 50,499
$ 0 $ 539,887 $ !;,39, 887
----------- ---------- ---'-------
----------- ---------- ---'-------
89
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90
CAPITAL PROJECT FUNDS
Capital projects funds, are used to account for the acquisition and construction
of major capital facilities other than those financed by proprietary funds and
trust funds.
Construction Fund:
This fund is used to account for the construction of subdivision improvements
and projects identified within the city's five year capital budget. Grants,
bonds, temporary notes and property owner payments comprise the majority
of revenues.
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City of Sai lna
Combining Baiance Sheet
Capital Project Funds
December 31. 1993
(With comparative totals for December 31. 1992)
TOTALS
CONSTRUCTION
1993
1992
Assets:
Cash and I nves trnents
Accounts Recei vab 1 e
Tota 1 assets
60,992 60.992 469.612
277.685 277.685 42.258
338,677 338,677 511.870
_nnn__n- n===.====== n_n_-n__-
hnnu__n n___n__u-
liabilities and Fund Balances
liabilities:
Accounts Payable
Retainage Payable
Total liabilities
0 0 18,380
75,977 75,977 47.538
75.977 75,977 65.918
254,343 254.343 415.164
8.357 8.357 30.788
262.700 262.700 445.952
338.677 338.677 511.870
n-nUnn- ============ ==,,=====.===
_hn_n_h-
Fund Balances.'
Reserved for encumbrances
Unreserved fund balance
Total fund balances
Total liabilities and fund balances
91
Clty of Saìlna
Combining Statement of Revenues, Expenditures
and Changes in Fund Ba 1 ances
Capital Project Funds
Year Ended December 31. 1993
(Wi th comparative tota 1 s for December 31, 1992)
Total Revenues
TOTALS
CONSTRUCTION 1993 1992
76.981 76,981 167,843
13,959 13,959 13.279
259.796 259,796 53,878
103.508 103,508 831,285
454.244 454,244 1,066.285
Revenues:
1 ntergovernmenta 1
Interest
Reimbursements
Miscellaneous
Expendi tures:
Capital Outlay
Temporary Note and Interest payments
Total Expendi tures
1,464,594 1.464,594 2.502,753
810,000 810.000 497.000
2,274,594 2,274.594 2.999.753
0,820.350) 0,820,350) 0,927,468)
1,648,500 1,648,500 2,151,000
1,648,500 1,648,500 2.151.000
(171,850) 071,850) 217.532
445,952 445.952 228.420
01,402) 01,402) 0
262.700 262.700 445.952
u=-..-..=== .=_=n.=..== ==....==.===
Revenues over (under) expendi tures
Other Fi nanci ng Sources (Uses):
Bond and Temporary Note Proceeds
Total other financing sources (uses)
Revenues and other fi nanc; ng sources
over (under) expenditures and other fi nanci ng uses
Fund Balances, January 1
Residual Equity Transfers in (out)
Fund Balances, December 31
92
Receipts:
Intergovernmental
Interest
Reimbursements
Other Financing
Transfers in
Total receipts
Expenditures:
Capital Outlay
Temporary Notes
Transfers out
City of Salina
Construction
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Total expenditures
Receipts over (under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$
41,833
13,959
163,026
1,648,500
5,185
.,.-,872,503
1,:275,333
:310,000
16,588
2;101,921
(229,418)
(11,472)
$
(240,890)
------------
------------
93
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94
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 government's council 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 government's council has decided that periodic
determination of net income is appropriate for accountability purposes.
Sanitation:
This
fund
is
used
to
account
for
the
operations
of the
City's
refuse
serVIce.
Solid Waste:
This fund is used to account for the activities of the City's landfill.
Golf Course:
This fund
course.
is
used
to account
for
the operations
of the municipal
golf
Water & Sewer:
This fund is used to account for the activities of the City's water and sewer
operations.
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City of Salina
Combi ni ng Ba ì ance Sheet
Enterpri se Funds
December 31. 1993
(Wi th comparative totals for December
31. 1992)
WATER TOTALS
SOLID GOLF AND
SANITATION WASTE COORSE SEWER 1993 1992
Assets.'
Cash and Investments 645.548 637.218 77,331 $ 6,449.703 $ 7.809.800 $ 8.390.427
Accounts Receivable 0 2.909 0 478,188 481.097 717,505
Due From Other Funds 0 0 0 31,909 31.909 37,943
Inventory and Prepaid Supplies 0 0 22.161 345,519 367,680 308,944
Restricted Cash and Investments 0 1,230,905 58,922 8.334,251 9.624,078 13.468.387
Fi xed Assets 894,379 2.198,001 1,035,227 59.008,254 63,135,861 47,205,580
Accumulated Depreciation (701,622) (336,544) (741,217) (18.962,788) (20,742.171) (19.690.238)
Deferred Issuance Costs 0 23,154 0 326.504 349,658 307,243
Total assets 838,305 3.755,643 452,424 56,011,540 61,057.912 50,745,791
==========.. nnnn__u =====n..=== ======08==== .====.=====. _nn___nu
-_u_uuu- _n__n_nu
Liabilities and Fund equity
Liabilities:
Accounts Payable 97 12,895 3,210 193,311 209.513 207,931
Accrued Compensated Absences 73.098 17,034 21.028 225,780 336.940 301.345
Due to Other Funds 31.909 0 0 0 31,909 37,943
Meter Deposits Payable 0 0 0 85,427 85,427 82,122
Payable from Restricted Assets:
Accrued Interest Payable 0 8.281 218 414,282 422,781 597.196
General Obli9ation Bonds Payable - Current 0 158,340 3,530 0 161,870 0
Revenue Bonds Payable - Current 0 0 0 805,000 805,000 670,000
Accounts and Retainage Payable 0 464,959 0 1,426,710 1,891,669 653,433
General Obli9ation Bonds Payable 0 1,501,660 59,970 0 1,561,630 0
Revenue Bonds Payable 0 0 0 24,105,000 24,105,000 21.710,000
Temporary Notes Payble 0 140.000 0 0 140,000 0
Total liabilities 105,104 2.303,169 87,956 27,255.510 29.751,739 24,259,970
Fund Equity:
Contri buted Capital 0 53,000 0 5,787,902 5,840 902 3,782,011
Retained Earnings:
Reserved 0 0 0 0 0 0
Unreserved 733,201 1.399,474 364,468 22,968.128 25.465.271 22.703.810
Total fund equity 733,201 1.452.474 364.468 28,756.030 31,306,173 26,485,821
Total liabilities and fund equity 838,305 $ 3.755,643 452,424 $56,011,540 :161,057,912 $50,745,791
..........== .n======... .n.......== ..........== ,u.......n. ...==n..===
95
Citv of Sallna
Combining Statement of Revenues. Expenses and
Changes in Retalned Earnings
Enterprl se Funds
Year Ended December 31. 1993
(Wi th comparative tot a 1 s for December 31, 1992)
WATER TOTALS
SOLID GOLF AND
SANITATION WASTE COJRSE SEWER 1993 1992
Operating Revenues:
Charges for Servi ces 875,183 7D7 .997 489.573 $ 8,D51.77D $ 10,124,523 $ 8,7D5.535
Mi scellaneous I,D45 2.589 3,155 25.911 32,7DO 118,859
Total Operating Revenues 876,228 710.586 492.728 8.077 .681 10.157.223 8.824,394
Operating Expenses:
Publ ic Works 86D,528 526.700 0 4,35D.228 5,737,456 5,485.074
Recreation D 0 460.627 0 460,627 539.902
Depreciation 37,801 69,774 49.568 1.014.932 1.172,075 1,214.151
Total Operating Expenses 898,329 596,474 510,195 5,365.160 7,37D.158 7,239,127
Operating Income (loss) (22.101) 114,112 (I7 ,467) 2,712,521 2.787.065 1.585,267
Nonoperating Revenues (Expenses):
Interest 20,034 20,159 2,024 277,884 320.101 351.802
Miscellaneous (1984 refunding) D 0 0 93,864 93.864 93,864
Debt Service 0 0 (218) (436,672) (436,890) (473,177)
Loss on sale of fixed asset (2,679) 0 0 0 (2.679) 0
Total Nonoperatin9 Revenues (Expenses) 17,355 20,159 1,806 (64,924) (25,604) (27,511)
Net income (loss) (4,746) 134.271 (15.661) 2,647,597 2,761,461 1.557,756
Fund Equi ty, January 1 737,947 1.265,2D3 380.129 24,102,542 26,485,821 22.420,544
Change in Contri buted Capi ta 1, net 0 53,DOO 0 2,O05.891 2,058,891 2,507,521
Fund Equity, December 31 733,201 $ 1,452,474 364,468 $28,756.030 $31,306,173 $26,485.821
un..nn== ...========= =...n....== =======n=== nnnn-=== un=.======
96
City of Sa 1 i na
Combi ni ng Statement of Cash Flows
Enterpri se Funds
Year Ended December 31, 1993
(With comparative totals for December 31, 1992)
Cash Flows from Operating Activities:
Operating income (loss)
Adjustments to reconcile operating income to
net cash provided by operating activities
Depreciation
Provision for uncollectible accounts receivable
Change in assets and 1 i abil it i es.'
Accounts receivable
Inventory and Prepaid Supplies
Customer Meter Deposits
Accounts Payable
Accrued 1 i abi 1 i ty for compensated absences
Total Adjustments
Net Cash Provided by Operating Activities
Cash Flows from Capital and Related Financing Activities.'
Acquisition and construction of capital assets
Principal paid on maturing revenue bonds
Interest pai d on revenue bonds
Miscellaneous income (1984 refunding)
Bond Proceeds
Contributed Capital
I ssuance Costs
Temporary Note Proceeds
Net Cash Used for Capital and Related
Financing Activities
Cash Flows from Investing Activities:
Interest on Invested Cash
Net Increase in Cash and Investments
Cash and Investments, January 1
Cash and Investments, December 31
Cash and Investments is compri sed of:
Current
Restri cted
Total
SANITATION
(22,lD1)
37,801
0
0
0
0
(6,225)
13,179
44,755
22,654
(47,977)
0
0
0
0
0
0
0
(47,977)
20,034
(5,289)
650,837
645,548
--___n_U_-
_u_-_u----
645,548
0
$
645,548
___un--__-
--_uu___n
SOLID
WASTE
$
114,112
69,774
0
(2,909)
0
0
9,695
3,696
80,256
194,368
(914,783)
0
0
0
1,590,000
23,500
(23.352)
210,000
885,365
25,613
1,105,346
762,777
1,868,123
unn__UU
--u__un_-
637,218
1,230,905
$ 1,868,123
u_u_u__n
-_uu--__n
GOLF
COURSE
(17,467)
49,568
0
0
6,578
0
586
1,648
58, 380
40,913
(19,347)
0
0
0
63,500
0
0
0
44,153
2,024
87,090
49,163
136,253
un_--_UU
---uu___n
77,331
58,922
136,253
___nuu_n
-_u_--__n-
WATER
AND
SEWER
$ 2,712,521
1,014,932
14,269
(31,042)
(65,314)
3,305
(1,273)
17,072
951,949
3,664,470
(12,770,686)
(670,000)
(1,670,137)
93,864
3,200,000
2,079,700
(38,291)
0
(9,775,550)
498,997
(5,612,083)
20,396,037
14,783,954
_nn_UUU
--uu_n_n
6,449,703
8,334,251
$ 14,783,954
uuuu---
_u______n
1993
$ 2,787,065
1,172,075
14,269
(33,951)
(58,736)
3,305
2,783
35,595
1,135,340
3,922,405
(13,752,793)
(670,000)
(1,670,137)
93,864
4,853,500
2,103,200
(61.643)
210,000
(8,894,009)
546,668
(4,424,936)
21,858,814
17,433,878
--_u__uu-
un--__nn
7,809,800
9,624,078
$ 17,433,878
uu_u_-_u
uu--___n-
TOTALS
1992
$ 1,585,267
1,214,151
1,895
144,393
74,456
5,112
115,187
32,731
1,587,925
3,173.192
(7,450,546)
(265,000)
(483,362)
93,864
15,000.000
2,034,400
(108,210)
0
8,821,146
412,847
12,407,185
9,451,629
21,858,814
_n__uu_n
_uunnn-
8,390,427
13,468,387
$ 21,858,814
u_n_uu--
uu--_nn-
97
City of Salina
Sanitation
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Charges for Services
Interest
Miscellaneous
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
other Services and Charges
Capital Outlay
Transfers Out
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget
Actual
$
$
869,149
20,034
1,045
890,228
798,000
25,000
1,300
824,300
489,600
122,250
15,600
119,000
49,600
94,646
559,002
502,534
125,910
14,776
112,039
45,077
94,646
0
1,449,698
894,982
(625,398)
(4,754)
625,398
650,104
$
$
645,350
0
-----------
-----------
-----------
-----------
Variance
$
71,149
(4,966)
(255)
65,928
(12,934)
(3,660)
824
6,961
4,523
0
559,002
---S54, 71b
620,644
24,706
$
645,350
-----------
-----------
98
City of Salina
Solid Waste
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Intergovernmental
charges for Services
Interest
Miscellaneous
Other Financing Sources
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
Other Services and Charges
Capital Outlay
Transfers Out
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget Actual
$ 35,000 $ 23,500
690,000 705,088
25,000 19,908
15,000 2,589
320,000 210,000
1,085,000 961,085
196,400 173,656
97,300 134,914
139,500 202,149
166,080 140,100
326,000 328,354
44,624 44,624
773,098 0
1,743,002 1,023,797
(658,002) (62,712)
658,002 652,818
$ 0 $ 590,106
----------- -----------
----------- -----------
variance
$ (11,500)
15,088
(5,092)
(12,411)
(110,000)
~23,915)
22,744
(37,614)
(62,649)
25,980
(2,354)
0
773,098
~19,205
595,290
(5,184)
$
590,106
-----------
-----------
99
City of Salina
Solid Waste Construction
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31,1993
Receipts:
Interest
Other Financing sources
Total Receipts
Expenditures:
Contractual
Debt Service
Capital Outlay
Total Expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$ 5,705
1,5,90,000
--r;-5,95, 705
96,311
23,352
1,421,030
--r;-540, b93
55,012
0
r-55,O12
----,-------
----,-------
100
City of Salina
Golf Course
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Charges for Services
Interest
Reimbursements
Miscellaneous
Other Financing Sources
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
Other Services and Charges
Capital Outlay
Transfers Out
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget
Actual
$
$
489,573
2,024
150
3,005
63,500
558,252
543,900
2,000
2,000
2,000
0
549,900
236,712
86,100
17,500
123,950
40,000
45,797
69,462
619,521
235,313
85,045
17,602
110,392
78,097
4,050
0
530,499
(69,621)
27,753
46,539
69,621
$
$
74,292
0
-----------
-----------
----------
----------
Variance
$
(54,327)
24
(1,850)
1,005
63,500
8,352
1,399
1,055
(102)
13,558
(38,097)
41,747
69,462
89,022
97,374
(23,082)
$
74,292
-----------
-----------
101
City of Salina
Water and Sewer
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Water Charges
Sewer Charges
Intergovernmental
Interest
Miscellaneous
Bond Proceeds
Total receipts
Expenditures:
Water Administration
Water Customer Accounting
Water Distribution
Water Softening
Cross Connection
Sewer Collection
Debt Service
Issuance Costs
Capital Outlay
Transfers out
Cash Reserve
Total expenditures
Budget Actual Variance
$ 5,065,000 $ 4,694,765 $ (370,235)
3,202,000 3,553,868 351,868
0 2,079,700 2,079,700
200,000 423,935 223,935
100,000 63,252 (36,748)
0 2,935,000 2,935,000
8,5ó7,000 13,750,520 '"""5';18 3 , 5 2 0
443,959
707,758
928,344
1,692,575
0
1,081,202
2,400
0
623,100
2,966,459
4,323,579
12,7ó9,37ó
Receipts over
(under) expenditures (4,202,376)
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
4,202,376
$
-----------
-----------
398,004
663,057
645,557
1,480,406
29,040
891,694
713
38,291
3,627,719
2,598,520
0
10,373,001
3,377,519
2,397,242
0
$ 5,774,761
-----------
-----------
45,955
44,701
282,787
212,169
(29,040)
189,508
1,687
(38,291)
(3,004,619)
367,939
4,323,579
~9ó,375
7,579,895
(1,805,134)
$ 5,774,761
-----------
-----------
102
city of Salina
Water and Sewer P & I
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Interest
Transfers In
Total expenditures
Receipts over
(under) expenditures
$ 88,441
2,067,471
2,155,912
670,000
1,681,528
1,275
2,352,803
(196,891)
849,916
$ 653,025
-----------
-----------
Total receipts
Expenditures:
Principal
Interest
Commission on Bonds
Unencumbered Cash, January 1
Unencumbered Cash, December 31
103
city of Salina
Water and Sewer Bond Reserves
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Other Financing Sources
Total receipts
Unencumbered Cash, January 1
Unencumbered Cash, December 31
Comprised of:
Extension and Bond Retirement Reserve
1990 Bond Reserve
1992 Bond reserve
Depreciation and Emergency Replacement
1993 Bond Reserve
Total
$
265,000
265,000
3,,231,258
---:r" 496, 258
------------
------------
979,758
786,500
1,,340,000
125,000
265,000
$ 3,,496,258
------------
------------
104
INTERNAL SERVICE FUN])S
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:
This fund is used 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:
This fund is used to account for the costs of providing a partially
self-insured workers compensation plan and for accumulating the needed
reserve amounts,
Central Garage:
This fund is used to account for the accumulation and allocation of costs
associated with the City's centralized vehicle repair shop,
Data Processing:
This fund is used to account for the accumulation and allocation of costs
associated with electronic data processing.
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City of Sallna
Combi ni ng Ba 1 ance Sheet
Internal Servlce Funds
December 31, 1993
(With comparative totals for December 31, 1992)
I-«JRKERS TOTALS
RISK C(Jo1P. CENTRAL DATA
MANAGEMENT RESERVE GARAGE PROCESSING 1993 1992
Assets:
Cash and Investments 167.661 479,315 39,358 $ 171,659 $ 857,993 $ 563,265
Accounts Recei vab 1 e 0 13,000 0 0 13,000 13,000
Fixed Assets 0 0 161,923 669,304 831.227 640,102
Accumulated Depreciation 0 0 (136,143) (305.823) (441,966) (366,288)
Total assets 167,661 492,315 65,138 535,140 1,260.254 850,079
======.===== ============ ========.=== ============ ============ _UU___Un
_uu_u_---
Liabilities and Fund equity
Liabilities.'
Accounts Payable 42 293,002 22,304 157,415 472,763 148,509
Accrued Compensated Absences 8,187 0 15,964 9,154 33,305 39,218
Total liabilities 8,229 293,002 38,268 166.569 506,068 187.727
Fund Equity:
Retained Earnings:
Unreserved 159,432 199,313 26,870 368.571 754,186 662,352
Total fund equi ty 159,432 199,313 26,870 368,571 754,186 662,352
Total liabilities and fund equi ty 167,661 492,315 65,138 535,140 Þ 1,260,254 850,079
============ uuuuuu ======...=== ============ ======..==== uuuuun
__UUUUn u_uuu_--
105
Clty of Sallna
COOlblning Statement of Revenues, Expenses and
Changes in Reta i ned Earni ngs
Internal Service Funds
Year Ended December 31, 1993
(With cOOlparative totals for December 31, 1992)
\\QRKERS TOTALS
RISK ca.¡P. CENTRAL DATA
MANAGEMENT RESERVE GARAGE PROCESSING 1993 1992
Operat i n9 Revenues.'
Charges for Servi ces 516,763 442.923 740,698 244,787 $ 1,945,171 $ 1,590,031
Reimbursements 0 0 7,402 0 7,402 437
Mi scellaneous 0 0 0 0 0 290
Total Operatin9 Revenues 516,763 442,923 748,100 244,787 1.952,573 1.590,758
Operating Expenses.'
Genera I Government 378,403 478,149 0 193,710 1.050.262 781,023
Other 0 0 729,849 0 729,849 651.794
Depreciation 0 0 4,784 75.844 80,628 77 ,576
Total Operating Expenses 378,403 478,149 734,633 269.554 1,860,739 1,510,393
Operating Income (Loss) 138,360 (35,226) 13,467 (24,767) 91,834 80,365
Net income 138,360 (35,226) 13,467 (24,767) 91.834 80,365
Fund Equi ty, January 1 21,072 234,539 13,403 393.338 662,352 581.987
Fund Equi ty, December 31 159,432 199,313 26,870 368,571 754.186 662,352
_nn___nn _nn__nn- n_-_U__n- nnnnn_- ::::::u:::= ::::::..::==
__nnn__n n_nn____- nn_nn_n _n_n_nn-
106
City of Salina
Combining Statement of Cash Flows
Internal Service Funds
Year Ended December 31. 1993
(With comparative totals for December 31, 1992)
WORKERS TOTALS
RISK Ca.1P, CENTRAL DATA
MANAGEMENT RESERVE GARAGE PROCESSING 1993 1992
Cash Flows from Operating Activities:
Operating income (Loss) 138,360 (35,226) 13,467 (24,767) 91,834 80,365
Adjustments to reconcile operating income to
net cash provided by operating activities:
Depreciation 0 0 4,784 75.844 80,628 77 ,576
Change in assets and liabilities:
Accounts Payable 8 183,070 (15,196) 156,372 324,254 41,884
Accrued 1 i abi 1 i ty for compensated absences 84 0 (2,706) (3,291) (5.913) (4,082)
Total adjustments 92 183,070 (13,118) 228,925 398,969 115,378
Net Cash Provided by Operating Activities 138,452 147,844 349 204,158 490,803 195,743
Cash Flows from Capi tal and Related Financing Activities:
Acquisition and construction of capital assets 0 0 (841) (195,234) (196,075) (2,795)
Net Increase (Decrease) in Cash and Investments 138,452 147,844 (492) 8,924 294,728 192,948
Cash and Investments, January 1 29,209 331,471 39,850 162,735 563,265 370,317
Cash and Investments, December 31 167,661 479,315 39,358 171,659 $ 857,993 563,265
___nn_n_- n__n-___n nn___hh- nnnn__n ____n__n_- __-__nn__-
hnn_nh- _nn____n- nn_h___n nn_-h__n n__n_____- nn_nn_n
Cash and Investments is Compromi sed of:
Current 167,661 479,315 39,358 171,659 $ 857,993 $ 563,265
Restri cted 0 0 0 0 0 0
Total 167,661 479,315 39,358 171,659 $ 857,993 563,265
h_n__nn- nn____hh n____n__n __n_n____- n__n_n_n nn______n
h__n_____- nnn__h_- nn-nh_n _n___n__u n_n__n_n n__hnnn
107
City of Salina
Risk Management
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Budget Actual Variance
Receipts:
Miscellaneous $ 0 $ 26,819 $ 26,819
Transfers in 489,944 489,944 0
Total receipts 489,944 516,763 26,819
Expenditures:
Personal Services 54,390 53,375 1,015
Supplies 2,000 2,620 (620)
Contractual 341,100 318,986 22,114
Other Services and Charges 3,700 3,338 362
Cash Reserve 88,754 0 88,754
Total expenditures 489,944 378,319 -111,625
Receipts over
(under) expenditures 0 138,444 JL38,444
Unencumbered Cash, January 1 0 29,175 29,175
Unencumbered Cash,
December 31 $ 0 $ 167,619 $ 167,619
---------- ---------- -----------
---------- ---------- -----------
108
City of Salina
Worker's Compensation Reserve
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Budget Actual
Receipts:
Transfers in $ 442,923 $ 442,923
Total receipts 442,923 442,923
Expenditures:
Contractual 262,000 292,791
Cash Reserve 509,173 0
Total expenditures 771,173 ;¿9;¿,191
Receipts over
(under) expenditures (328,250) 150,132
Unencumbered Cash, January 1 328,250 321,744
Unencumbered Cash,
December 31 $ 0 $ 471,876
----------- -----------
----------- -----------
Variance
$ 0
0
(30,791)
'509,173
.nS,3S;¿
478,382
(6,506)
$ 471,876
---.--------
---.--------
109
City of Salina
Central Garage
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Receipts:
Charges for Services
Reimbursements
Total receipts
Expenditures:
Personal Services
Supplies
other Services and Charges
Capital Outlay
Transfers Out
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
Budget Actual Variance
$ 776,920 $ 740,698 $ (36,222)
0 7,402 7,402
776,920 748,100 (28,820)
182,780 181,306 1,474
551,600 518,074 33,526
12,950 29,273 {16,323)
500 157 343
6,500 6,500 0
22,590 0 22,590
776,920 735,310 41,610
0 12,790 12,790
0 1,205 1,205
$ 0 $ 13,995 $ 13,995
----------- ----------- ------------
----------- ----------- ------------
110
City of Salina
Data Processing
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budget and Actual - Budgetary Basis
For the year ended December 31, 1993
Budget Actual Va.r iance
84,100 $ 91,638 $ 7,538
800 888 88
152,261 152,261 0
237,161 244,787 7,626
165,733 154,164 11,569
4,750 10,933 (6,183)
3,600 4,368 (768)
35,000 24,932 10,068
28,700 195,234 (166,534)
2,560 2,560 0
121,090 0 121,090
361,433 392,191 <[30,7!>~)
(124,272) (147,404) 1[23,132)
124,272 161,548 37,276
Receipts:
Charges for Services
Miscellaneous
Transfers in
$
Total receipts
Expenditures:
Personal Services
Supplies
Contractual
Other Services and Charges
Capital Outlay
Transfers Out
Cash Reserve
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash,
December 31
$
0
$
14,144
$
14,144
-----------
-----------
-----------
-----------
------------
------------
111
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112
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.
Citizenship Trust Fund:
This fund is used to account for a donation which restricts the use of the
interest earned on the donation to provide "Good Citizen" awards to
deserving Salina citizens.
Cemetery Endowment Fund:
This fund is used to account for amounts charged for perpetual care of the
City cemetery. Interest earned my be used to maintain the cemetery.
Mausoleum Endowment Fund:
This fund is used to account for amounts charged for perpetual care of the
City mausoleum. Interest earned may be used to maintain the mausoleum.
Tricentennial Commission Fund:
This fund is used to account for donations to be used to celebrate the
nation's Tricentennial in the year 2076.
Special Assessment Escrow Fund:
This fund is used to account for property owners' prepayment on outstanding
special assessments.
Fire Insurance Proceeds Fund:
This fund is used to account for insurance proceeds received by the City on
severely damaged buildings. The insurance proceeds, plus interest, is
returned to the property owner when the building is repaired or demolished,
PEG Access Fund:
This fund is used to account for revenues collected on behalf of the
community access television system for public, educational and governmental
programming,
Payroll Clearing:
This fund is used to account for interfund payroll receivables and payables
for all City funds,
Employees' Deferred Compensation Fund:
This fund is used to account for assets held for employees in accordance with
the provisions of Internal Revenue Code Section 457.
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This page intentionally left blank
City of Salina
Combining Balance Sheet
Trust and Agency Funds
December 31, 1993
(With comparative totals for December 31, 1992)
Page 1 of 2
TRI- SPECIAL FIRE
CITIZENSHIP CEMETERY MAUSOLEUM CENTENNIAL ASSESSMENT INSURANCE PEG PAYROLL
TRUST ENDOI-Ifo1ENT ENDOI-Ifo1ENT CCH-11SSION ESCRCM PROCEEDS ACCESS CLEARING
Assets:
Cash and Investments 13,790 $ 126,861 18,601 2,867 $ 340,013 15,613 0 $ 23,310
Accounts Recei vab 1 e 147 0 0 50 0 0 0 0
Total assets 13,937 126,861 18,601 2,917 340,013 15,613 0 23,310
n_nn__n- _n_nn__n _-__nnn_- _nnnn__- _nnn__n- nnn__n_- --____n___- ---n____n-
----_n__n- -n_nnnn -___n_nn- -_nn_n__- __nn___n- nn____nn _____n_nn nn_--_nn
Liabilities and Fund Balances
Liabilities:
Accounts Payable 0 0 0 0 340,013 15,613 0 23,310
Deferred Compensati on
Benefits Payable 0 0 0 0 0 0 0 0
Total Liabilities 0 0 0 0 340,013 15,613 0 23,310
Fund Balances:
Unreserved fund balance 13,937 126,861 18,601 2,917 0 0 0 0
Total fund balances 13,937 126,861 18,601 2,917 0 0 0 0
Total liabilities and
fund balances 13,937 126,861 18,601 2,917 340,013 15,613 0 23,310
__n___n__- nnn____-- ___n__--_n _n__--__n- _-_n__nn- --_nn____- n__nn__-- __n__-_n_-
__n____n-- nn_n___n --_-n_nn- nnnnnn _nnn_n_- ___nnn_n __n__n___- nn____nn
113
~
City of Salina
Combining Balance Sheet
Trust and Agency Funds
December 31, 1993
(With comparative totals for December 31, 1992)
Page 2 of 2
EMPLOYEES'
DEFERRED
CQ'o1PENSATION
FUND
TOTALS
1993
1992
Assets:
Cash and Investments
Accounts Recei vab 1 e
T ota 1 assets
$ 1,398,862 $ 1.939,917 $ 1,752,266
0 197 202
1,398,862 1,940,114 1,752,468
uuuun_- uuuuu-- uu_n____-
u__u_----- ---_u------ u_nn_----
Liabilities and Fund Balances
Liabilities.'
Accounts Payable
Deferred Compensation
Benefits Payable
Total Liabilities
0 378,936 379,107
1,398,862 1,398,862 1,218,360
1,398,862 1,777,798 1,597,467
0 162,316 155,001
0 162,316 155,001
$ 1,398,862 $ 1,940,114 $ 1,752,468
--_uuu_u --_----___n ----_u___n
-----_uu_- --_----u_n --_--_uun
Fund Balances:
Unreserved fund balance
Total fund balances
Total liabilities and
fund balances
114
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City of Salina
Combining Statement of Revenues, Expenses and
Changes in Fund Balances
Nonexpendable Trust Funds
Year Ended December 31, 1993
(With comparative totals for December 31, 1992)
TR1- TOTALS
CITIZENSHIP CEMETERY MAUSOLEUM CENTENNIAL
TRUST ENDo..t-1ENT ENDo..t-1ENT CCMo1ISSION 1993 1992
Operating Revenues:
Charges for Servi ces 0 4,231 0 0 4,231 2,298
Total Operating Revenues 0 4,231 0 0 4,231 2,298
Operating Expendi tures:
Other 500 37 1,635 0 2,172 5,087
Total Operating Expenditures 500 37 1,635 0 2,172 5,087
Operating Income (loss) (500) 4,194 0,635) 0 2,059 (2,789)
Nonoperati ng Revenues.'
Interest 728 3,822 596 110 5,256 5,761
Total Nonoperating Revenues 728 3,822 596 110 5,256 5,761
Net income (loss) 228 8,016 0,039) 110 7,315 2,972
Fund Balances, January 1 13,709 118,845 19,640 2,807 155,001 152,029
Fund Balances, December 31 $ 13,937 126,861 18,601 2,917 162,316 155,001
----__n_-n ------------ ------------ ------------ ------------ ------------
____nnn_- -___------n ___n_n___- ------------ ____n------ _--_--nun
115
City of Salina
Combi ni ng Statement of Cash Flows
Nonexpendab 1 e Trust Funds
Year Ended December 31, 1993
(With comparative totals for December 31, 1992)
TR1- TOTALS
CITIZENSHIP CEMETERY MAUSOLEUM CENTENNIAL
TRUST ENDa.-JMENT ENDa.-JMENT CCMo1ISSlON 1993 1992
Cash Flows from Operating Activities.'
Operating income $ (500) $ 4,194 0,635) $ a 2,059 (2,789)
Adjustments to reconcile operating income to
net cash provided by operating activities
Change in assets and liabilities: a a a a a a
Net Cash Provided by Operating activities (500) 4,194 0,635) a 2,059 (2,789)
Cash Flows from Investing Activities:
Interest on invested cash 725 3,822 596 118 5,261 5,783
Net Increase in Cash and Investments 225 8,016 0,039) 118 7,320 2,994
Cash and Investments, January 1 13,565 118,845 19,640 2,749 154,799 151,805
Cash and Investments, December 31 $ 13,790 126,861 18,601 $ 2,867 162,119 154,799
UU__-_nu uu_uuu- -UU--n-u n_uuu_u _nnn__u- __nn_u_n
UU__n___- ___nuu_n ___un_un ---____un- _u_n___u- _n_nnn_-
Cash and Investments is Compri sed of:
Current 13,790 126,861 18,601 2,867 $ 162,119 $ 154,799
Restricted a a a a a a
Total $ 13,790 $ 126,861 18,601 2,867 162,119 154,799
__n_-_n__- unu_n__- -_nun_n- n_u--_n-- _u_nnnn _n__-__nn
U__nnnn _nuu__--- _--__nnn- nun_u_u n__n___u- -_u_-------
116
Clty of Salina
Speci a 1 Assessment Escrow Agency Fund
Statement of Changes in Assets and liabilities
Year Ended December 31, 1993
Total Assets
Ba 1 ance Ba 1 ance
January 1, 1993 Additions Deletions December 31.1993
$ 223,084 $ 181,114 64,185 $ 340.013
223,084 181.114 64,185 340,013
====80====== =======.=== uu.uu== ==-=-=-=-==
223,084 181,114 64,185 340.013
$ 223.084 $ 181,114 64,185 $ 340,013
---U----_h -_n--__--- u========= -_n__n_--
------------ -__--_n--- -----------
Assets:
Cash and Investments
Liabilities.'
Accounts Payable
Total Liabilities
117
City of Salina
Fi re Insurance Proceeds Agency Fund
Statement of Changes in Assets and L i abil i ties
Year Ended December 31, 1993
Total Assets
Ba 1 ance Ba lance
January I, 1993 Additions Deletions DecE!II1ber 31.1993
$ 4,339 $ 12.337 1.063 15.613
4.339 12,337 1,063 15,613
============ _n_n__n- ====n_..== ===-=======
__nnnn-
4,339 12.337 1,063 15,613
$ 4,339 12,337 1,063 15.613
-=========== _-____nn- n=_======= ======n===
nnn_-_n
Assets:
Cash and Investments
Liabilities:
Accounts Payable
Total Liabilities
118
Clty of Salina
PEG Access Agency Fund
Statement of Changes in Assets and l i abi 1 it i es
Year Ended December 31. 1993
Assets:
Cash and Investments
Ba 1 ance Ba lance
January 1. 1993 Additions Deletions December 31.1993
0 $ 101.559 101.559 0
0 101.559 101.559 0
====....==== =========== .........== =n......==
0 101.559 101.559 0
0 101.559 101.559 0
========.=== =======n== .n....n== n=====u==
Total Assets
liabilities.'
Accounts Payable
Total Liabilities
119
Clty of Salina
Payrol1 Clearing Agency Fund
Statement of Changes in Assets and li abi 1i ties
Year Ended December 31. 1993
Assets .'
Cash and Investments
Ba lance Ba lance
January 1. 1993 Additions Deletions December 31.1993
151.685 $15.164.448 $15.292.823 23.310
151.685 15. ]64.448 15.292.823 23.310
-.........:: nnn__n- n..on...: 0..=-=-...:
-_un_Un
]51,685 ]5. ]64,448 ]5.292.823 23.3]0
]5].685 $ ]5.164.448 $15,292.823 23.3]0
..=-.....:.: =-:..on.:: ..n....:== .=n.n_.==
Tota I Assets
liabilities.'
Accounts Payable
Total liabilities
120
City of Salina
Employees' Deferred Compensation Agency Fund
Statement of Changes in Assets and L i abi 1 i ties
Year Ended December 31, 1993
Total Assets
Ba lance Ba 1 ance
January 1. 1993 Additions Deletions December 31.1993
$ 1,218,360 224.916 44,414 $ 1.398.862
1.218,360 224,916 44,414 1,398,862
============ =========== n..======= ===========
Assets:
Cash and Investments
Liabilities:
Deferred Compensation
Benefits Payable
1.218.360 224,916 44,414 1,398,862
$ 1,218,360 224,916 44,414 $ 1,398,862
===-=-...=== ====.=..=== n.=n....= n.=..n...
Total Liabilities
121
City of Salina
Citizenship Trust
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Interest
Total receipts
Expenditures:
Other Services and Charges
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$ 725
725
500
500
225
13,564
$ 13,789
-----------
-----------
122
City of Salina
Cemetery Endowment
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
charges for Services
Interest
Total receipts
$ 4,231
3,821
8,052
37
37
8,015
118,846
$ 126,861
-----------
-----------
Expenditures:
Other services and charges
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
123
city of Salina
Mausoleum Endowment
Schedule of Receipts, Expenditures and
changes in Unencumbered Cash
Budgetary Basis
For the year ended December 31, 1993
Receipts:
Interest
Total receipts
Expenditures:
Contractual
Total expenditures
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
$ 596
596
1,635
1,635
(1,039)
19,640
$ 18,601
-----------
-----------
124
city of Salina
Tricentennial Commission
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
For the year ended December 31, 1993
Receipts:
Interest
Total receipts
Unencumbered Cash, January 1
$ 118
lIB
2,749
$ 2,867
-----------
-----------
Unencumbered Cash, December 31
125
City of Salina
special Assessment Escrow
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
For the year ended December 31, 1993
Receipts:
Special Assessments
Interest
Total expenditures
$ 172,765
8,349
181,114
61,129
3,056
b4,185
116,929
223,084
$ 340,013
-----------
-----------
Total receipts
Expenditures:
Other services and charges
Transfers out
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
126
City of Salina
Fire Insurance Proceeds
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
For the year ended December 31, 1993
Receipts:
Interest
Miscellaneous
Total receipts
Expenditures:
Other services and charges
Total expenditures
Receipts over
(under) expenditures
unencumbered Cash, January 1
Unencumbered Cash, December 31
$ 288
12,049
12,337
1,063
1,063
11,274
4,339
$ 15,613
-----------
-----------
127
City of Salina
PEG Access
Schedule of Receipts, Expenditures and
Changes in Unencumbered Cash
For the year ended December 31, 1993
Receipts:
Taxes - Franchise
Total expenditures
$ 101,569
101,569
101,569
101,569
0
0
$ 0
-----------
-----------
Total receipts
Expenditures:
Contractual
Receipts over
(under) expenditures
Unencumbered Cash, January 1
Unencumbered Cash, December 31
128
GENERAL FIXED ASSETS
General fixed assets are those fixed assets which have been a.cquired for
general governmental purposes or are not required to be cap,italized in other
I'unds. Ässets purchaseð are recorded at cost in the General Fixed Assets
Group of Accounts. Public domain ("Infrastructure") general fixed assets
consIsting of certain improvements other than buildIngs, including roads"
bridges, curbs and gutters, streets and sidewalks, drainage systems, ano
lig"hfing systems, are not capitalized because such assets are muno"able and of
vãlue only to the City. No depreciation has been provided on general fixed
assets.
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City of Salina
Comparative Schedules of General Fixed Assets
By Source
December 31, 1992 and 1993
General fixed assets:
Land
Buildings
Improvements other than buildings
Machinery and Equipment
Construction in Progress
Total general fixed assets
Investment in general fixed assets by source:
General fund
Special revenue funds
Capital projects funds
Donations
Total investment in general
fixed assets
1992
$ 2,501,353
9,983,921
174,289
6,586,352
0
$19,245,915
------------
------------
19,245,915
0
0
0
$19,245,915
------------
------------
1993
$ 2,501,353
10,455,031
174,289
6,898,686
0
$20,029,359
------------
------------
19,474,250
274,791
280,318
0
$20,029,359
------------
------------
129
Clty of Saìlna
Schedule of General Fi xed Assets - By ,unetlan and Activity
December 31, 1993
1mprovements
Other Than Machi nery and
Function and Activity Land Buildings Buildings Equipment Total
Genera 1 government:
Manager a a a 75.305 75,305
Finance a a a 127,998 127,998
Personnel a a a 8,152 8,152
Genera 1 Servi ces 19.302 92,303 94,864 213,746 420.215
Human Relations 0 a a 12,040 12.040
Bi -Centenni a 1 Center 0 5,298,330 0 1,462.404 6,760,734
Other 1,797.809 660,190 0 0 2,457,999
Total general
government 1,817.111 6,050,823 94,864 1,899.645 9,862,443
Public Safety.'
Police 600 445,363 a 862,789 1.308.752
Municipal Court a 0 a 22.608 22,608
Fire 63,302 1.220,623 a 2.080.788 3,364,713
Inspection a 0 a 9,212 9.212
Total public safety 63,902 1,665,986 a 2,975,397 4,705,285
Highways and streets:
Engi neeri ng 0 0 0 34,710 34,710
Maintenance 10,470 135,211 0 1,059.815 1,205,496
Planning 0 0 0 52.922 52.922
Total highways
and streets 10,470 135.211 0 1,147,447 1,293,128
Culture and recreation 609.870 2,603.011 79,425 876.197 4,168,503
Total general fi xed assets $ 2.501,353 $10.455.031 174,289 $ 6.898,686 $20,029,359
============ _unnn__- nnnnn-- ============= _Unn__n-
nnnn_-_- _nnnnu- nnnnnn
130
Clty of Sa1ina
Schedule of Changes in General Fixed Assets - By funct1on and ActlVity
December 31, 1993
Genera I Fi xed Genera 1 Fixed
Assets Other Assets
Funct ions and Act i vi ty January 1, 1993 Additions Deducti ons Changes December 31, 1993
Genera 1 government:
Manager 69.474 5,831 D $ 0 75,305
Fi nance 121,743 5.255 0 0 127,998
Personne 1 1,700 5,452 0 0 8,152
Genera 1 Servi ces 410,951 3.591 (30,955) 35,528 420,215
Human Relations 12,040 0 0 0 12.040
Bi -Centenni a 1 Center 5,523,882 141,473 (4,521) 0 5,750,734
Other 2,457.999 0 0 0 2,457.999
Total general
government 9.597.789 153.702 (35,575) 35,528 9.862.443
Public Safety:
Police 1.181,154 138.890 (11,292) 0 1.308.752
Muni ci pa 1 Court 19.035 3.572 0 0 22,508
Fire 3,324,853 112,127 (72,277) 0 3,354.713
Inspection 7,572 1.540 0 0 9.212
Total public safety 4.532,725 255,129 (83.559) 0 4,705,285
Highways and streets:
Engi neeri ng 34.710 0 0 0 34.710
Maintenance 1,130,592 147.445 (14,185) (58,455) 1.205,495
Pl anni ng 51.448 1,474 0 0 52.922
Total highways
and streets 1,216,850 148,919 (14,185) (58.455) 1,293,128
Culture and recreation 3.798,551 373.952 (4,000) 0 4,158,503
Total general fixed assets $19,245,915 942.702 (137,331) (21.927) $20,029.359
__-nn_n_- nn__nnn n__nu__n n__n_n- n_nnn_u
n__n__nh nn__nnn --nn_hU- n_n__n- nn_nn__-
131
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132
STATISTICAL SECTION
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133
Fiscal
year
1991
1992
1993
(1)
(2)
City of Salina
General Governmental éxpenditures by Functions (1)
Last Three Fi sea 1 Years (2)
GENERAL PUBLIC PUBLIC
GOVE~ENT SAFETY IoORKS RECREATION
$ 1,487,342 $ 4,930.155 $ 1,227,758 $ 1,477.226
1,463,391 5,381,008 1,422.210 1.567,104
1.426.997 5.834,653 1,386,714 1,600,093
Includes general, special revenue and debt service funds,
Prior year expenditures are not available on a GAAP basis,
CUL TURAL
CC»MJNlTY
OEVELOPMENT
327,241
337,911
346,677
369.179
339,084
175,254
Page 1 of 2
134
Fiscal
year
1991
1992
1993
(1)
(2)
HEALTH
AND
WELFARE
146,515
138.733
173,122
Clty of Salina
General Governmental Ependitures by Functions (1)
Last Three Fi sea 1 Years (2)
DEBT
SERVICE
$ 2,299,444
2,768.149
2.902.019
Includes general, special revenue and debt service funds,
Prior year expenditures are not available on a GAAP basis,
CAPITAL
OUTLAY
$ 1,415,043
1,530,150
1,558,158
BICENTENNIAL
CENTER
$ 1,555,892
1,415,537
1.968.805
OTHER
$ 5,362,182
5,337,015
4,547.475
Page 2 of 2
Table I
TOTAL
$21,708,077
22,700.293
21,919.959
135
Fi scal
year
City of Sa-Ilna
Genera 1 Governmenta ¡ Revenues by Source (1)
Last Three Fl sea I Years (2)
Page I of 2
1991
1992
1993
CHARGES
INTER- FOR SPECIAL
TAXES GOVERtfoIENT AL SERVICES FINES ASSESSMENTS
$13,019,231 $ 2,623.225 $ 2,682,505 395,447 726,245
13.897,325 2,756,614 2,416,921 347.884 881,231
15,479,559 2.769,828 3,174,444 574.958 940,487
(1)
(2)
I nc 1 udes genera 1, spec; a 1 revenue and debt serVl ee funds.
Prior year expenditures are not available on a GAAP basis,
136
Clty of Sallna
Genera 1 Governmenta 1 Revenues by Source (1)
Last Three Fi sca 1 Years (2)
Fi sca 1
year INTEREST RE 1MBURSEMENTS MISCELLANEOUS TOTAL
1991 554,636 672,264 455,285 $21,128,838
1992 363,734 35,467 890,109 21,589.285
1993 444,853 55,968 771,233 24,211,330
(1) Includes general, special revenue and debt service funds,
(2) Prior year revenues are not available on a GAAP basis,
Page 2 of 2
Table 2
137
Fi scal
year
City of Salina
Genera 1 Governmental Tax Revenues by Source (1)
Last Three Fi sca 1 Years (2)
Table 3
1991
1992
1993
TRANSIENT
PROPERTY SALES FRANCHISE GUEST
TAX TAX TAX TAX TOTAL
$ 5,296,226 $ 5,916,537 $ 1,509,053 297,415 $13,019,231
5,607,496 6,287,513 1,537,171 465,145 13,897,325
5,818,511 7,480,113 1,680,385 500,550 15,479,559
(1)
(2)
Includes general, special revenue and debt service funds.
Prior year expenditures are not available on a GAAP basis,
138
City of Salina Table 4
Property Tax Levies and Collections
Last Ten Fi sca 1 Years
RATIO OF
PERCENT OF TOTAL TAX
TOTAL CURRENT CURRENT DELINQUENT TOTAL COLLECTIONS
Fiscal TAX TAX TAXES TAX TAX TO TOTAL
year LEVY COLLECTIONS COLLECTED COLLECTIONS COLLECTIONS TAX LEVY
1984 3,785,082 3,712,676 98,1 140,437 3,853,113 101.8
1985 3,906,988 3,814,564 97.6 56,209 3,870,773 99.1
1986 3,951,529 3,906.226 98.9 86,049 3,992,275 101,0
1987 4,116,562 4,005,867 97.3 95,461 4,101,328 99.6
1988 4,163,314 4,086,792 98,2 65,960 4,152,752 99.7
1989 4,269,464 4,110,719 96,3 101,102 4,211,821 98.6
1990 4,693,317 4,394,623 93.6 104,504 4,499,127 95.9
1991 4,502,345 4,317 ,229 95.9 5,744 4,322,973 96.0
1992 4,783,117 4,491,134 93.9 83,939 4,575,073 95.7
1993 4,882,255 4,696,707 96,2 194,448 4,891,155 100.2
139
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City of Salina
Assessed and Estimated Actua 1 Ya 1 ue of Property
Last Ten Fiscal Years
Table 5
(1)
ASSESSED YALUE
ESTIMATED
Fi scal REAL PERSOOAL STATE foVTOR ACTUAL TOTAL
year ESTATE PROPERTY ASSESSED VEHICLE TOTAL VALUE
1984 $67,090,240 $30.311,500 $10,045.929 $28.193,177 $135,640,846 $1,112,431.401
1985 68,486.970 30,248,415 9.942,497 26.201.223 134,879,105 1.105,009.955
1986 69,906,890 31,405,020 10,544,260 27,447.177 139,303,347 1.105.157,648
1987 72,066,960 31,552,430 10,884.189 28.786,730 143,290,309 1.147,347,527
1988 71,441,070 35,215,115 10,765,830 30,847,364 148,269,379 1,160,411,705
1989 131.092.252 13,941.911 11,333,129 32,959.186 189,326,478 1,037,898,270
1990 125,389,311 13,454.685 11,094.235 35,096,634 185,034,865 1,026,844,668
1991 134,834,179 14,314.162 11,208.262 34.515,855 194,872,458 1,075,575,019
1992 135,267.866 16.751,713 11,545,541 35,803,591 199.368,711 1,105,026,368
1993 129,632.717 22.447,713 12,849.722 37,569,816 202,499,968 1,175,493,628
RATIO OF TOTAL
ASSESSED VALUE TO
ESTIMATED
ACTUAL VALUE
(2)
12.19%
12.21
12.60
12,49
12.78
18,24
18.02
18,12
18,04
17.23
(1) All municipalities in Kansas underwent a complete reappraisal and reclassification of real and personal property as a r'esult of legislative action,
effective January I, 1989, This legislation reappraised property closer to its estimated market value and caused cert/lin types of property to be
reclassified, reduced or eliminated from ad valorem taxation.
(2) On November 3, 1992, voters in the State of Kansas approved a proposition to amend the Kansas Constitution regarding p,"Operty classification and
assessment rates. Thi s amendment estab 1 i shed three new property sub-c 1 assifi cati ons with decreased assessment ratios.
140
City of Salina
Property Tax Rates
Direct and Overlapping Governments
Last Ten Fi sea 1 Years
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
Page 1 of 2
CITY OF SALINA SALINE COUNTY
Operating Debt Servi ce Total City Operating Debt Servi ee Total County
Millage Mi 11 age Mill age Mi 11 age Mi 11 age Mi 11 age
27,95D 8.410 36.360 17.565 .591 18.156
29.750 6.610 36.360 17,917 .239 18.156
28.620 7.740 36.360 20,466 .534 21.000
29.345 7.015 36.360 21.000 21.000
29.513 6.847 36.360 21.000 21.000
35,007 1. 353 36.360 23.460 23.460
22,643 7.372 30.015 19.074 19.074
26,357 3.671 30.028 20.122 20,122
22.764 7.064 29.828 20.464 20.464
22,114 7,735 29,849 21.718 21.718
Fiscal
year
141
City of Salina
Property Tax Rates
Di rect and Overl appi ng Governments
Last Ten Fiscal Years
Page 2 of 2
Table 6
U,S.D. 305
Fiscal Operating Debt Servi ce Total usa 305
year Mi 11 age Mi 11 age Mi 11 age Other Total
1984 58,860 2.460 61.320 7,805 123.641
1985 70,736 2,214 72,950 5,674 133.140
1986 77 ,607 2,441 80,048 5,777 143.185
1987 79,779 2,094 81,873 5,790 145.023
1988 84,023 4.756 88,779 6,487 152.626
1989 90,097 5,542 95,639 6.653 162.112
1990 72,065 4,427 76.492 5.599 131,180
1991 76.378 3,094 79.472 5.818 135,440
1992 80.343 3.029 83.372 6.074 139,738
1993 40.301 3.581 43.882 6,557 102,006
142
Taxpayer
Schwan's Sales
KPL Gas Servi ce
Southwestern Bell
Wannack, Salina
Partnershi p
()n¡¡ha Hotel, Inc.
Sunset Plaza, Inc.
Wal-Mart Stores, Inc.
Intervest Salina Ltd.
Partnershi p
Kangross Partners and
Co., Ltd,
Union Pacific Railroad
City of Sa 1 i na
Principal Taxpayers
January I, 1993
Type of Busi ness
1993
Assessed
Valuation
Pi zza Manufacture
Gas & Electric Utility
Tel ephone Uti 1 ity
$ 5,746,482
5,558,466
4,994,636
Retail Shopping Mall
Motel
Retail Developments
Di scount Reta i 1 Stores
4,453,984
1,676,875
1,467,267
1,227,123
Grocery Store
836,681
K-Mart
Railroad
777 ,510
585,056
$27,324,080
n_____nn
_--___n---
(1) Total assessed value for 1993 was $202,499,968,
Percentage of
Total Assessed
Valuation(1)
u_n_---------
n_--unn--U
Table 7
2.84
2.74
2,47
2,20
,83
.72
.61
.41
,38
,29
13.49
143
Fiscal
year
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
(1)
Includes prepayments and delinquent collections.
City of Salina
Special Assessment Billings and Collections
last Ten Fiscal Years
Special Assessment
Billings
Special Assessment
Collections (1)
731,090.20
843,085,97
767,807,20
1,067,396,70
1,021,973.04
927,767.70
647,655.40
807,451.57
721,333,83
694,497.21
730,908
696,159
775,477
768,509
922,020
911,365
837,604
656,104
808,886
873,850
Table 8
Ratio of
Total Special
Assessments
Collections to
Tot,¡ 1 Assessments
levi ed
99.98
82.57
101.00
72.00
90.22
98.23
129.33
81.26
112.14
125.82
144
City of Salina
Computation of Legal Debt Margin
December 31, 1993
Table 9
Assessed Valuation
$202,499,968
------------
u_---_u_--
Lega 1 Debt Margi n:
Debt limitation - 3()9-; of total
Assessed Val uat ion
Debt applicable to limitation:
Total bonded debt
Less: Revenue bonds
Special Assessment bonds
Amount Available for
repayment of general
obligation bonds
60,749,990
$37,485,000
24,910,000
3,096,209
539,887
Total debt applicable to limitation
8,938,904
Lega 1 Debt Margi n
$51,811,086
-_u_------
--------_u
145
City of Sa 1 i na Table 10
Ratio of Net General Obligation Bonded Oebt
To Assessed Value and Net General Obligation
Bonded Oebt Per Capi ta
Ratio of Net
Gross Less Oebt Net Bonded Oebt Net Bonded
Fiscal Assessed Bonded Servi ce Bonded To Assessed Debt Per
Year Population(1) Value(2)* Debt(3) Fund(4) Debt Value Capi ta
1984 41,843 135,541 2,525,295 455,395 2,059,900 1.53 49,47
1985 41,843 134,879 4,901,450 355,245 4,535,215 3.35 108,39
1986 41,843 139,303 4,131,854 358,428 3,773,425 2.71 90.18
1987 41,843 143,290 7,059,345 304,244 5,755,101 4.72 151.58
1988 41,843 148,259 5,502,985 351,958 5,151,028 4.15 147.00
1989 41,843 189.325 5,323,473 237,897 5,085,575 3.21 145.44
1990 42,303 185,035 5,801.542 344,280 5,457,352 2.95 129.01
1991 42,303 194,872 8,004,443 304,252 7,700,191 3.95 182,02
1992 42,303 199,359 8,795,854 333,505 8,452,359 4,24 200,04
1993 42,303 202,450 9,478,791 539,887 8,938,904 4.42 211.31
* Amounts expressed in Thousands
(1) Per 1980 and 1990 census
(2) From Table 5
(3) Amount does not include special assessment bonds and revenue bonds
(4) Amount available for repayment of General Obligation bonds
146
City of Sa 1 i na
Rat i a of Annual Debt Servi ce Expenditures
For General Obligation Bonded Debt(1)
To Total General Governmental Expenditures
Last Ten Fiscal Years
Total
Fi scal Debt
Year Principal Interest (2) Servi ce
1984 854.896 343.157 1.198,053
1985 736.843 372.886 1.109,729
1986 842.580 332.785 1.175.365
1987 770,134 302,401 1.072.535
1988 991.258 488,387 1,479.645
1989 972.202 442.575 1,414.777
1990 967.434 431.955 1,399.389
1991 949.898 398.197 1,348.095
1992 1.037.112 541.560 1,578.672
1993 1.556.156 497.961 2,054.117
Total General
Governmenta 1
Expendi tures (3)
Ratio of Debt
Service to General
Governmenta 1
Expendi tures (3)
21.708.077
22.700.293
21.919,969
(1)
(2)
(3)
Excludes special assessment debt with government conmitment.
Excludes bond issuance and other costs.
Includes general, special revenue and debt service funds, GAAP basis information not available prior to 1991.
Table 11
6,21
6,95
9,37
147
City of Sa 1 i na
Computation of Direct and Overlapping Bonded Debt
General Obligation Bonds
December 31, 1993
Jurisdiction
Net General
Obligation
Bonded Debt
Outstandi ng
Percentage
Applicable
To
City of Sa 1 i na
Di rect:
City of Salina
$ 8,938,904
100.00%
Overlapping:
Sa 1 i na Ai rport Authori ty
USD 305
3,125,000
4,862,551
100,00
91.10
Total
$16,926,455
-----------
-----------
Amount
Applicable
To
~:ity of Salina
$ 8,938,904
3,125,000
4,429,784
$16,493,688
-----_u_---
------------
Table 12
148
City of Salina
Revenue Bond Coverage
Water and Sewer Fund
Last Ten Fi sea 1 Years
Net Revenue Debt Servi ce Requi rements
Fi scal Gross Operating Available for
Year Revenues (1) Expenses (2) Debt Servi ce Principal Interest Total
1984 3,593,678 2,831,615 762,063 1,000 256,326 257,326
1985 3,579,950 2,958,751 621,199 490,000 207,306 697,306
1986 3,699,736 3,187,223 512,513 310,000 181,843 491,843
1987 4,094,841 3,211.266 883,575 210,000 208,459 418,459
1988 5,488,165 3,420,799 2,067,366 300,000 352,119 652,119
1989 6,300,264 3,759,534 2,540,730 390,000 542,751 932,751
1990 6,158,140 4,002,486 2,155,654 275,000 519,009 794,009
1991 6,774,391 4,270,897 2,503,494 220,000 542,944 762,944
1992 7,131,392 4,371,446 2,759,946 265,000 517,915 782,915
1993 8,171,545 4,350,228 3,821,317 670,000 1,681,527 2,351,527
(1) Excludes interest income
(2) Excludes depreciation
Table 13
Coverage
2.96
.88
1.04
2,11
3.17
2.72
2.71
3.28
3.53
1.63
149
City of Salina
Property Value, Construction and Bank Deposits
Last Ten Fi sca 1 Years
Total Bank
Fi scal Property Permi ts Estimated Deposits (1)
Year Va 1 ue* Issued Valuation (Thousands)
1984 1,112,431 415 14,835,717 336,344
1985 l,105,OlD 370 20,687,418 340,604
1986 1,105,157 441 34,679,250 352,155
1987 1,147,348 470 17,391,757 360,908
1988 1,160,412 457 15,426,410 346,971
1989 1,037,898 490 18,851,000 372,626
1990 1,026,845 497 36,469,096 443,020
1991 1,075,575 562 22,665,785 484,783
1992 l,lD5,026 598 25,283,947 500,297
1993 1,175,494 628 36,411,632 N/A
Table 14
*Amounts expressed i n thousands,
(1) Kansas Statistical Abstract
150
Fiscal
Year
1986
1987
1988
1989
1990
1991
1992
1993
Data Sources:
(1) 1980 and 1990 Census
(2) U.S. Bureau of Economic Analysis
(3) Sales and Marketing Management
(4) U.S.O. 305
(5) Kansas Department of Human Resources
Population
41,843
41,843
41,843
41,843
42,303
42,303
42,303
42,303
City of Salina
Demographic Statistics
Last Ei ght Fi sca 1 Years
Per
Capi ta
Income
14,515
15,166
16,398
17,509
19,002
N/A
N/A
N/A
Table 15
Medi an Schoo 1 Unemp 1 oyment
Age Enrollment Rate
31.8 7.024 6.5
32,0 7,008 5.8
32,2 7,054 5,4
32.6 7,115 4.4
33.1 7,333 4.1
N/A 7,489 4.2
N/A 7,687 3.8
N/A 7,661 4,6
151
SINGLE AUDIT SECTION
This page intentionally left blank
152
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
HOME OFFICE:
P. O. BOX 1100
SALINA, KANSAS 67402-1100
913-825-1561
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
INDEPENDENT AUDITORS' REPORT ON SCHEDULE
OF FEDERAL FINANCIAL ASSISTANCE
To the Mayor and
The Board of City Commissioners
City of Salina, Kansas:
We have audited the general purpose financial statements of the City of
Salina, Kansas, for the year ended December 31, 1993, and have issued our
report thereon dated June 2, 1994, which expressed reliance on reports of
other auditors. 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 conducted our audit in accordance with generally accepted auditing
standards, Government Audi ting Standards, issued by the Comptroller
General of the United States, and the provisions of Office of Management and
Budget Circular A-128 "Audits of State and Local Governments." Those
standards and OMB Circular A -128 require that we plan and perform the
audit to obtain reasonable assurance about whether the general purpose
financial statements are free of material misstatement, An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures
in the general purpose financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation. We believe that our audit provides a reasonable basis for our
opinion.
Our audit was conducted for the purpose of forming an opinion on the
general purpose financial statements of the City of Salina, Kansas, taken as
a whole, The accompanying Schedule of Federal Financial Assistance, which
does not include Federal Financial Assistance received by the Salina Housing
Authority and Salina Airport Authority, is presented for purposes of
additional analysis and is not a required part of the general purpose
financial statements. The information in that schedule has been subjected to
the auditing procedures applied in the audit of the general purpose financial
statements and, in our opinion, is fairly presented in all material respects
in relation to the general purpose financial statements taken as a whole.
Salina, Kansas
June 2, 1994
Respectfully submitted,
~ ",..L a.v-
L?- c:-
MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
153
CITY OF SALINA
SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE
For the Year Ended December 31, 1993
Federa 1
Federa 1 Grantor/Pass-through CFDA January 1. Revenue December 31.
Grantor Program Title Number 1993 Recogni zed Expendi tures 1993
MAJOR PRŒRAM
Environmental Protection Agency
Constructi on Grant for Wastewater
Treatment Works (direct assistance)
Project No.C20 1231 01 66.418 $ 0 $ 1,917.489 $ 1.917,489 $ 0
OTHER FEDERAL ASSISTANCE
U.S,Department of Housing and Urban Development
Conmunity Development 810ck Grant/
Sma 11 Ci ties Program (passed through
Kansas Department of Conmerce)
Housi ng Grant No. 91-HR-080 14,219 0 20,221 20,221 0
Emergency Shelter Grants (passed through
the Kansas Department of Soci a 1 and
Rehabilitation Services) 14,231 0 15,541 15.541 0
Fair Housin9 Assistance (direct assistance)
Contract No, FF207K917008 0 26,250 26.250 0
0 62.012 62,012 0
U.S,Department of Conmerce
Economic Development Administration
Grant for Public Works and Development
Facil iti es (di rect assi stance)
Project No. 05-01-02531 11. 300 0 77 .406 77 .406 0
U.S.Department of Justice
Drug Control and System Improvement -
Fonnu 1 a Grant (Passed Through
Kansas Department of Admi ni strat ion) 16,579
Grant No. 93-61 0 15,228 15.228 0
Grant No. 93-63 0 23,576 23.576 0
Grant No. 94-65 0 17,945 17.945 0
Grant No. 94-67 0 36.729 36,729 0
0 93,478 93,478 0
U.S,Department of Transportation
National Highway Traffic Safety
Grant (passed through Kansas
Department of Transportati on) 20.600
Grant No. AL 93-20-06-04 0 8.518 8.518 0
Grant No, AL 94/96-94-01-07 0 22,656 22.656 0
0 31.174 31.174 0
Federa 1 Emergency Management Agency
State and Local Programs and Support
Di saster Assi stance (passed throu9h
Kansas Adj utant General Emergency
Preparedness) 83.516 0 35,218 35.218 0
TOTAL OTHER FEDERAL ASSISTANCE 0 299.288 299.288 0
TOTALS $ 0 $ 2,216,777 $2,216.777 $ 0
---------- ----------
---------- ----------
This schedule does not include any federal financial assistance received by the Salina Housing Authority and Salina Airpol"t Authority. which are considered
to be di screte component uni ts of the City of Sa 1 i na. The federal fi nanci a 1 assi stance of the Sa 1 i na Housi ng Authori ty and Sa 1 i na Ai rport Authorl~
has been audi ted and reported by other audi tors. 4
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
HOME OFFICE:
P.O. BOX 1100
SALINA, KANSAS 67402-1100
913-825-1561
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL
STRUCTURE BASED ON AN AUDIT OF GENERAL PURPOSE
FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS
To the Mayor and
The Board of City Commissioners
City of Salina, Kansas:
We have audited the general purpose financial statements of the City of
Salina, Kansas, as of and for the year ended December 31, 1993, and have
issued our report thereon dated June 2, 1994, which expressed reliance on
reports of other auditors,
We conducted our audit in accordance with generally accepted auditing
standards, Government Auditing Standards, issued by the Comptroller
General of the United States, and the provisions of Office of Management and
Budget Circular A-128 "Audits of State and Local Governments." Those
standards and OMB Circular A-128 require that we plan and perform the
audit to obtain reasonable assurance about whether the general purpose
financial statements are free of material misstatement.
In planning and performing our audit of the primary government portion of
the general purpose financial statements for the year ended December 31
1993, we considered the City's internal control structure in order to
determine our auditing procedures for the purpose of expressing our opinion
on the City's general purpose financial statements and not to provide
assurance on the internal control structure.
The management of the City of Salina, Kansas, is responsible for establishing
and maintaining an internal control structure, In fulfilling this
responsibility, estimates and judgments by management are required to assess
the expected benefits and related costs of internal control structure
policies and procedures. The objectives of an internal control structure are
to provide management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or disposition, and
that transactions are executed in accordance with management's authorization
and recorded properly to permit the preparation of financial statements in
accordance with generally accepted accounting principles. Because of
inherent limitations in any internal control structure, errors or
irregularities may nevertheless occur and not be detected. Also, projection
of any evaluation of the structure to future periods is subject to the risk
that procedures may become inadequate because of changes in conditions or
that the effectiveness of the design and operation of policies and procedures
may deteriorate.
MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
155
For the pu rpose of this
internal control structure
categories:
report,
policies
we have classified the significant
and procedures in the following
Accounting Controls
1. Cash and investment balances
2. Revenue / receipts
3. Purchases / disbursements
4. External financial reporting
For all of the internal control structure categories listed above, we
obtained an understanding of the design of relevant policies and procedures
and determined whether they have been placed in operation, and we assessed
control risk,
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a reportable condition in which
the design or operation of one or more of the internal control structure
elements does not reduce to a relatively low level the risk that errors or
irregularities in amounts that would be material in relation to the general
purpose financial statements being audited may occur and not be detected
within a timely period by employees in the normal course of performing their
assigned functions. We noted no matters involving the internal control
structure and its operation that we consider to be material weaknesses as
defined above.
This report is intended for the information of the Mayor, Board of City
Commissioners and management of the City of Salina, Kansas; however, this
report is a matter of public record and its distribution is not limited,
Salina, Kansas
June 2, 1994
Respectfully submitted,
/~ --é ¿;'<-/,
L-L-c;,
156
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
HOME OFFICE:
P. O. BOX 1100
SALINA, KANSAS 67402.1100
913-825-1561
INDEPENDENT AUDITORS' REPORT ON COMPLIANCE
BASED ON AN AUDIT OF GENERAL PURPOSE FINANCIAL
ST A TEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS
To the Mayor and
The Board of City Commissioners
City of Salina, Kansas:
We have audited the general purpose financial statements of the City of
Salina, Kansas, as of and for the year ended December 31, 1993, and have
issued our report thereon dated June 2, 1994, which expressed reliance on
reports of other auditors.
We conducted our audit in accordance with generally accepted auditing
standards, Government Auditing Standards, issued by the Comptroller
General of the United States, and the provisions of Office of Management and
Budget Circular A -128 "Audits of State and Local Governments." Those
standards and OMB Circular A-128 require that we plan and perform the
audit to obtain reasonable assurance about whether the general purpose
financial statements are free of material misstatement,
Compliance with laws, regulations, contracts, and grants applicable to the
City of Salina, Kansas, is the responsibility of the City's management. As
part of obtaining reasonable assurance about whether the financial statements
are free of material misstatement, we performed tests of the City's
compliance with certain provisions of laws, regulations, contracts, and
grants. However, the objective of our audit of the financial statements was
not to provide an opinion on overall compliance with such provisions.
Accordingly, we do not express such an opinion.
The results of our tests indicate that, with respect to the items tested, the
City of Salina, Kansas, complied, in all material respects, with the
provisions referred to in the preceding paragraph. With respect to items not
tested, nothing came to our attention that caused us to believe that the City
of Salina, Kansas, had not complied, in all material respects, with those
provisions.
We noted certain instances of noncompliance, as described in Note 19, that do
not result in misstatements in the financial statements.
This report is intended for the information of the Mayor, Board of City
Commissioners and management of the City of Salina, Kansas. However, this
report is a matter of public record and its distribution is not limited,
Salina, Kansas
June 2, 1994
Respectfully submitted,
, /
"1~ ~ ¿~ L-L-G
, ./
/
MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
157
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
HOME OFFICE:
P. O. BOX 1100
SALINA, KANSAS 67402-1100
913-825-1561
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
INDEPENDENT AUDITORS' REPORT ON THE INTERNAL
CONTROL STRUCTURE USED IN ADMINISTERING
FEDERAL FINANCIAL ASSISTANCE PROGRAMS
To the Mayor and
The Board of City Commissioners
City of Salina, Kansas:
We have audited the general purpose financial statements of the City of
Salina, Kansas for the year ended December 31, 1993, and have issued our
report thereon dated June 2, 1994, which expressed reliance on the reports
of other auditors. We have also audited the compliance of the City with
requirements applicable to its major federal financial assistance programs,
as identified in the accompanying schedule of Federal Financial Assistance,
and have issued our report thereon dated June 2, 1994.
We conducted our audits in accordance with generally accepted auditing
standards, Government Auditing Standards, issued by the Comptroller
General of the United States; and the Office of Management and Budget
(OMB) Circular A-128, "Audits of State and Local Governments." Those
standards and OMB Circular A-128 require that we plan and perform the
audit to obtain reasonable assurance about whether the general purpose
financial statements are free of material misstatement and whether the City
complied with laws and regulations, noncompliance with which would be
material to a major federal financial assistance program.
In planning and performing our audits for the year ended December 31, 1993,
we considered the internal control structure of the City in order to
determine our auditing procedures for the purpose of expressing our opinions
on the general purpose financial statements and on the compliance of the City
with requirements applicable to major programs and to report on the internal
control structure in accordance with OMB Circular A -128. This report
addresses our consideration of internal control structure policies and
procedures relevant to compliance with requirements applicable to federal
financial assistance programs, which are identified in the accompanying
Schedule of Federal Financial Assistance, We have addressed internal control
structure policies and procedures relevant to our audit of the general
purpose financial statements in a separate report dated June 2, 1994.
The management of the City is responsible for establishing and maintaining an
internal control structure. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and
related costs of internal control structure policies and procedures. The
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are safeguarded against
loss from unauthorized use or disposition, that transactions are executed in
accordance with management's authorization and recorded properly to permit
the preparation of general purpose financial statements in accordance with
generally accepted accounting principles, and that federal financial
assistance programs are managed in compliance with applicable laws and
MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
158
regulations. Because of inherent limitations in any internal control
structure, errors, irregularities, or instances of noncompliance may
nevertheless occur and not be detected. Also, projection of any evaluation
of the structure to future periods is subject to the risk that procedures may
become inadequate because of changes in conditions or that the effectiveness
of the design and operation of policies and procedures may deteriorate.
For the purpose of this report, we have classified the signifieant internal
control structure policies and procedures used in administering federal
financial assistance programs in the following categories:
Accounting Controls
1. Cash and investment balances
2. Revenue / receipts
3. Purchases / disbursements
4. External financial reporting
Controls
1.
Used in Administering Compliance
General Controls
a. Political activity
b. Davis-Bacon Act
c. Civil rights
d. Cash management
e. Federal financial reports
f. Allowable costs
g. Drug-free Workplace Act
with Laws and Regulations
2,
Specific Controls
a. Types of costs allowed or unallowed
b. Matching
c. Special tests and provisions
For all of the internal control structure categories listed above, we
obtained an understanding of the design of relevant policies and procedures
and determined whether they have been placed in operation, and we assessed
control risk.
During the year ended December 31, 1993, the City expended 86% of its total
federal financial assistance under major federal financial assistance
programs.
We performed tests of controls, as required by OMB Circular A -128, to
evaluate the effectiveness of the design and operation of internal control
structure policies and procedures that we considered relevant to preventing
or detecting material noncompliance with specific requirements, general
requirements, and requirements governing claims for advances and
reimbursements and amounts claimed or used for matching that are applicable
to the City's major federal financial assistance program, which is
identified in the accompanying Schedule of Federal Financial Assistance.
Our procedures were less in scope than would be necessary to render an
opinion on these internal control structure policies and procedures.
Accordingly, we do not express such an opinion.
159
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institut<:~ of Certified
Public Accountants. A material weakness is a reportable condition in which
the design or operation of one or more of the internal control structure
elements does not reduce to a relatively low level the risk that
noncompliance with laws and regulations that would be material to a federal
financial assistance program may occur and not be detected within a timely
period by employees in the normal course of performing their assigned
functions, We noted no matters involving the internal control structure and
its operation that we consider to be material weaknesses as defined above.
This report is intended for the information of the Mayor, Board of City
Commissioners and management of the City of Salina, Kansas; however, this
report is a matter of public record and its distribution is not limited.
Respectfully submitted,
Salina, Kansas
June 2, 1994
/~~a~/?-LC.
160
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
HOME OFFICE:
P. O. BOX 1100
SALINA, KANSAS 67402-1100
913-825-1561
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH
THE GENERAL REQUIREMENTS APPLICABLE TO
FEDERAL FINANCIAL ASSISTANCE PROGRAMS
To the Mayor and
The Board of City Commissioners
City of Salina, Kansas:
We have audited the general purpose financial statements of the City of
Salina, Kansas, as of and for the year ended December 31, 1993, and have
issued our report thereon dated June 2, 1994, which expressed reliance on
reports of other auditors,
We have applied procedures to test the compliance of the City of Salina,
Kansas, with the following requirements applicable to each of its federal
financial assistance programs, which are identified in the schedule of
Federal Financial Assistance, for the year ended December 31, 1993:
political activity, Davis-Bacon Act, civil rights, cash management, federal
financial reports, allowable costs, and Drug-Free Workplace Act. We did not
apply procedures to the federal programs of the Salina Housing Authority and
Salina Airport Authority which were audited and reported by other auditors.
Our procedures were limited to the applicable procedures described in the
Office of Management and Budget's "Compliance Supplement for Single Audits
of State and Local Governments," Our procedures were substantially less in
scope than an audit, the objective of which is the expression of an opinion
on the City's compliance with the requirements listed in the preceding
paragraph. Accordingly, we do not express such an opinion.
With respect to the items tested, the results of those procedures disclosed
no material instances of noncompliance with the requirements listed in the
second paragraph of this report. With respect to items not tested, nothing
came to our attention that caused us to believe that the City of Salina,
Kansas, had not complied, in all material respects, with those requirements.
However, the results of our procedures disclosed an immaterial instance of
noncompliance with those requirements, which is described in the
accompanying schedule of findings and questioned costs.
This report is intended for the information of the Mayor, Board of City
Commissioners and management of the City of Salina, Kansas. However, this
report is a matter of public record and its distribution is not limited.
Salina, Kansas
June 2, 1994
Respectfully submitted,
.+L¿~~/'/L-LG
MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
161
KENNEDY AND CaE, LLC
CERTIFIED PUBLIC ACCOUNTANTS
HOME OFFICE:
P. O. BOX 1100
SALINA, KANSAS 67402-1100
913-825-1561
OFFICES IN
KANSAS
NEBRASKA
OKLAHOMA
COLORADO
INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH
SPECIFIC REQUIREMENTS APPLICABLE TO MAJOR
FEDERAL FINANCIAL ASSISTANCE PROGRAMS
To the Mayor and
The Board of City Commissioners
City of Salina, Kansas:
We have audited the financial statements of the City of Salina, Kansas, as of
and for the year ended December 31, 1993, and have issued our report
thereon dated June 2, 1994, which expressed reliance on reports of other
auditors,
We have also audited the City's compliance with the requirements governing
types of costs allowed or unallowed; matching; special tests and provisions
and claims for advances and reimbursements that are applicable to its major
federal financial assistance program, which is identified in the accompanying
Schedule of Federal Financial Assistance, for the year ended December 31,
1993, except that we did not audit the federal programs of the Salina Housing
Authority and Salina Airport Authority which were audited and reported by
other auditors. The management of the City is responsible for the City's
compliance with those requirements. Our responsibility is to express an
opinion on compliance with those requirements based on our audit"
We conducted our audit of compliance with these requirements in accordance
with generally accepted auditing standards, Government Auditing
Standards, issued by the Comptroller General of the United States; and
the Office of Management and Budget (OMB) Circular A-128, "Audits and
State and Local Governments." Those standards and OMB Circular A-128
require that we plan and perform the audit to obtain reasonable assurance
about whether material noncompliance with the requirements referred to above
occurred. An audit includes examining, on a test basis, evidence about the
City's compliance with those requirements. We believe that our audit
provides a reasonable basis for our opinion.
The results of our audit procedures did not disclose any immaterial instances
of noncompliance with the requirements referred to above,
In our opinion, the City of Salina, Kansas complied, in all material
respects, with the requirements governing types of costs allowed or
unallowed; matching; special tests and provisions; and claims for advances
and reimbursements that are applicable to its major federal financial
assistance program, which is identified in the schedule of Fedf~ral Financial
Assistance, for the year ended December 31, 1993.
MEMBERS OF: AMERICAN INsmUTE OF CERTIFIED PUBLIC ACCOUNTANTS
SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE
SECTION OF THE AICPA DIVISION FOR CPA FIRMS
162
This report is intended for the information of the Mayor, Board of City
Commissioners and management of the City of Salina, Kansas. However, this
report is a matter of public record and its distribution is not limited.
Salina, Kansas
June 2, 1994
Respectfully submitted,
A~ ~ {~ L-LC
/ -'
163
city of Salina
Salina, Kansas
Schedule of Findings and Questioned Costs
Program
Findings/Noncompliance
Question Costs
National Traffic Safety Grant
There was $12,780 that was expended
in December 1993, but was not included in
the December 1993 reimbursement request
filed with the State of Kansas. The expenses
were included in the January 1994
reimbursement request.
Agency's response: The amount of expenditures
for the December 1993 reimbursement request did
not include the expenditures on December 31, 1993.
This was a timing difference that was corrected
in the January 1994 reimbursement request.
This schedule does not include any findings or questioned costs of the Salina Housing
Authority and Salina Airport Authority, which are considered to be discrete component units
of the City of Salina. The federal financial assistance of the Salina Housing Authori1:y
and Salina Airport Authority has been audited and reported by other auditors.
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