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Audit - 1990rTTV nV CAT TMA CITY OF SALINA Salina, Kansas FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORTS December 31, 1990 KENNEDY AND COE Certified Public Accountants Salina, Kansas CITY OF SALINA Salina, Kansas CONTENTS Page INDEPENDENT AUDITORS' REPORT ON FINANCIAL STATEMENTS 1 -2 INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL STRUCTURE RELATED MATTERS NOTED IN A FINANCIAL STATEMENT AUDIT CONDUCTED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 3 -4 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 5 INDEPENDENT AUDITORS' REPORT ON SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE 6 INDEPENDENT AUDITORS' REPORT ON THE INTERNAL CONTROL STRUCTURE USED IN ADMINISTERING FEDERAL FINANCIAL ASSISTANCE PROGRAMS 7 -9 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH THE GENERAL REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAMS 10 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH SPECIFIC REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAM TRANSACTIONS 11 SCHEDULE OF INDEPENDENT AUDITORS' FINDINGS AND QUESTIONED COSTS 12 FINANCIAL STATEMENTS Exhibit A SUMMARY STATEMENT OF RECEIPTS, EXPENDITURES, AND BALANCES BY FUNDS AND COMPARISON OF CASH BALANCES WITH ENCUM- BRANCES 13 -14 Exhibit B STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES - BUDGET AND ACTUAL 15 -52 NOTES TO FINANCIAL STATEMENTS 53 -62 Supplemental Information Schedule 1 Composition of Ending Cash Balances 63 Schedule 2 Comparison of Gross Cash Balances with Depository Security 64 Schedule 3 Schedule of Federal Financial Assistance 65 Contents KENNEDY AND COE HOME OFFICE: CERTIFIED PUBLIC ACCOUNTANTS OFFICES IN P.O. BOX 1100 KANSAS SALINA, KANSAS 67402 -1100 NEBRASKA KLAHOMA 913- 825.1561 INDEPENDENT AUDITORS' REPORT ON FINANCIAL STATEMENTS COLORADO To the Mayor and The Board of City Commissioners: We have audited the financial statements of the City of Salina, Kansas, as of and for the year ended December 31, 1990, as listed in the table of contents. Our audit included all funds and account groups except (1) Saline County -City Building Authority, Salina - Saline County Board of Health, and Salina Public Library, which we audit and report on separately. (2) Firemen's Relief Association, Salina Arts Commission, Salina Housing Authority, and the Salina Airport Authority, which are audited by other auditors who issue their separate reports. These financial statements are the responsibility of the City's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards, Government Auditing Standards, issued by the Comptroller General of the United States, the provisions of Office of Management and Budget Circular A -128, "Audits of State and Local Governments," and the Kansas Minimum Standard Audit Program. Those standards and OMB Circular A -128 require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the 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. As discussed in Note 1, the City of Salina, Kansas, prepares its financial statements on a prescribed basis of accounting that demonstrates compliance with the cash basis and budget laws of the State of Kansas, which is a comprehensive basis of accounting other than generally accepted accounting principles. In our opinion, the financial statements referred to above present fairly, in all material respects, the cash and unencumbered cash balances of the City of Salina, Kansas, as of December 31, 1990, and its receipts and expenditures for the year then ended, in accordance with the basis of accounting described in Note 1. Our audit was made for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental information presented on pages 63 to 65 is presented for purposes of additional analysis and is not a required part of the financial statements. This information has been subjected to the auditing procedures applied in the audit of the financial statements mentioned above and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole. -1- MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS This report is intended solely for the information and use of the Mayor, Board of City Commissioners and management of the City of Salina, Kansas, and for filing with the Kansas Department of Administration, Division of Accounts and Reports, the cognizant federal agency, and other applicable federal audit agencies and should not be used for any other purpose. This restriction is not intended to limit the distribution of this report which, upon acceptance by the City of Salina, Kansas, is a matter of public record. Salina, Kansas July 31, 1991 r Certified Public Accountant of and actively engaged on C.P.A. in charge this audit. Respectfully submitted, -2- KENNEDY AND COE HOME OFFICE: CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 1100 SALINA. KANSAS 67402.1100 913- 825 -1561 INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL STRUCTURE RELATED MATTERS NOTED IN A FINANCIAL STATEMENT AUDIT CONDUCTED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Mayor and The Board of City Commissioners: OFFICES IN KANSAS NEBRASKA OKLAHOMA COLORADO We have audited the financial statements of the City of Salina, Kansas, for the year ended December 31, 1990, and have issued our report thereon dated July 31, 1991. 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 financial statements are free of material misstatement. In planning and performing our audit of the financial statements of the City of Salina, Kansas, for the year ended December 31, 1990, we considered its internal control structure in order to determine our auditing procedures for the purpose of expressing our opinion on the 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 the method of accounting described in Note 1 to the financial statements. 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. For the purpose of this report, we have classified the significant internal control structure policies and procedures in the following categories: 1. Receipts 2. Purchases /disbursements 3. Cash and investment balances 4. Financial reporting -3- MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS For all of the control categories listed above, we obtained an understanding of the design of relevant policies and procedures and whether they have been placed in operation, and we assessed control risk. We noted certain matters involving the internal control structure and its operation that we consider to be reportable conditions under standards established by the American Institute of Certified Public Accountants. Reportable conditions involve matters coming to our attention relating to significant deficiencies in the design or operation of the internal control structure that, in our judgment, could adversely affect the entity's ability to record, process, summarize, and report financial data consistent with the assertions of management in the financial statements. 1. Cash balances from the financial records of the City were not timely reconciled with bank balances during a portion of the year 1990. Cash accounts should be reconciled monthly on a timely basis to detect any errors or irregularities. 2. Journal entries were not adequately supported by documentation and /or detailed descriptions. Better documentation and descriptions would improve the operation of the internal control structure. A material weakness is a reportable condition in which the design or operation of one or more of the specific 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 financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions that are also considered to be material weaknesses as defined above. However, we believe none of the reportable conditions described above is a material weakness. We also noted other matters involving the internal control structure and its operation that we have reported to the management of the City of Salina in a separate letter dated July 31, 1991. This report is intended solely for the information and use of the Mayor, Board of City Commissioners and management of the City of Salina, Kansas, the Kansas Department of Administration, Division of Accounts and Reports, the cognizant federal agency, and other applicable federal audit agencies and should not be used for any other purpose. This restriction is not intended to limit the distribution of this report which, upon acceptance by the City of Salina, Kansas, is a matter of public record. Respectfully submitted, Salina, Kansas July 31, 1991 RJE KENNEDY AND COE CERTIFIED PUBLIC ACCOUNTANTS HOME OFFICE: P.O. BOX 1100 SALINA, KANSAS 674021100 913825 -1561 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Mayor and The Board of City Commissioners: OFFICES IN KANSAS NEBRASKA OKLAHOMA COLORADO We have audited the financial statements of the City of Salina, Kansas, as of and for the year ended December 31, 1990, and have issued our report thereon dated July 31, 1991. 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 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, our objective was not to provide an opinion on overall compliance with such provisions. 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 9, that do not result in misstatements in the financial statements. This report is intended solely for the information and use of the Mayor, Board of City Commissioners and management of the City of Salina, Kansas, the Kansas Department of Administration, Division of Accounts and Reports, the cognizant federal agency, and other applicable federal audit agencies and should not be used for any other purpose. This restriction is not intended to limit distribution of this report which, upon acceptance by the City of Salina, Kansas, is a matter of public record. Salina, Kansas July 31, 1991 Respectfully submitted, MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS -5- KENNEDY AND COE HOME OFFICE: CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 1100 SALINA, KANSAS 67402.1100 913- 825 -1561 INDEPENDENT AUDITORS' REPORT ON SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE To the Mayor and The Board of City Commissioners: OFFICES IN KANSAS NEBRASKA OKLAHOMA COLORADO We have audited the financial statements of the City of Salina, Kansas, for the year ended December 31, 1990, and have issued our report thereon dated July 31, 1991. These financial statements are the responsibility of the City's management. Our responsibility is to express an opinion on these financial statements based on our audit. 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 financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the 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 made for the purpose of forming an opinion on the financial statements of the City of Salina, Kansas, taken as a whole. The accompanying schedule of federal financial assistance is presented for purposes of additional analysis and is not a required part of the financial statements. The information in that schedule has been subjected to the auditing procedures applied in the audit of the City's financial statements and, in our opinion, is fairly stated, on the basis of accounting described in Note 1 to the financial statements, in all material respects in relation to the financial statements taken as a whole. Salina, Kansas July 31, 1991 Respectfully submitted, MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS M KENNEDY AND COE HOME OFFICE: CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 1100 SALINA, KANSAS 67402 -1100 913- 825 -1561 INDEPENDENT AUDITORS' REPORT ON THE INTERNAL CONTROL STRUCTURE USED IN ADMINISTERING FEDERAL FINANCIAL ASSISTANCE PROGRAMS To the Mayor and The Board of City Commissioners: OFFICES IN KANSAS NEBRASKA OKLAHOMA COLORADO We have audited the financial statements of the City of Salina, Kansas, for the year ended December 31, 1990, and have issued our report thereon dated July 31, 1991. We conducted our audit in accordance with generally accepted auditing standards; Government Auditing Standards, issued by the Comptroller General of the United States; and Office of Management and Budget (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 financial statements are free of material misstatement. In planning and performing our audit for the year ended December 31, 1990, 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 financial statements and not to provide assurance on the internal control structure. This report addresses our consideration of internal control structure policies and procedures relevant to compliance with requirements applicable to federal financial assistance programs. We have addressed policies and procedures relevant to our audit of the December 31, 1990, financial statements in a separate report dated July 31, 1991. The management of the City of Salina, Kansas, is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. The objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, that transactions are executed in accordance with management's authorization and recorded properly to permit the preparation of financial statements in accordance with the method of accounting described in Note 1 to the financial statements, and that federal financial assistance programs are managed in compliance with applicable laws and regulations. Because of inherent -7- MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBUC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS 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 structure policies and procedures used in administering programs in the following categories: Accounting Controls 1. Receipts 2. Purchases /disbursements 3. Cash and investment balances 4. Financial reporting Administrative Controls 1. General requirements Political activity Civil rights Cash management Federal financial reports Allowable costs Drug -free workplace Administrative requirements 2. Specific requirements Types of services Matching Reporting Special requirements significant internal control federal financial assistance 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, 1990, the City of Salina, Kansas, had no major federal financial assistance programs and expended 88 percent of its total federal financial assistance under the following nonmajor federal financial assistance program: U.S. Department of Housing and Urban Development - Community Development Block Grant /Small Cities Program. 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 have 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 aforementioned nonmajor program. 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. We noted certain matters involving the internal control structure and its operation that we consider to be reportable conditions under standards established by the American Institute of Certified Public Accountants. Reportable conditions involve matters coming to our attention relating to significant deficiencies in the design or operation of the internal control structure that, in our judgment, could adversely affect the City's ability to administer federal financial assistance programs in accordance with applicable laws and regulations. 1. Cash balances from the financial records of the City were not timely reconciled with bank balances during a portion of the year 1990. Cash accounts should be reconciled monthly on a timely basis to detect any errors or irregularities. 2. Journal entries were not adequately supported by documentation and /or detailed descriptions. Better documentation and descriptions would improve the operation of the internal control structure. 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. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be reportable conditions and, accordingly, would not necessarily disclose all reportable conditions that are also considered to be material weaknesses as defined above. However, we believe none of the reportable conditions described above is a material weakness. We also noted other matters involving the internal control structure and its operation that we have reported to the management of the City of Salina, Kansas, in a separate letter dated July 31, 1991. This report is intended solely for the information and use of the Mayor, Board of City Commissioners and management of the City of Salina, Kansas, the Kansas Department of Administration, Division of Accounts and Reports, the cognizant federal agency, and other applicable federal audit agencies and should not be used for any other purpose. This restriction is not intended to limit the distribution of this report which, upon acceptance by the City of Salina, Kansas, is a matter of public record. Salina, Kansas July 31, 1991 Respectfully submitted, M KENNEDY AND COE HOME OFFICE: CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 1100 SALINA. KANSAS 67402.1100 913.825 -1561 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH THE GENERAL REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAMS To the Mayor and The Board of City Commissioners: OFFICES IN KANSAS NEBRASKA OKLAHOMA COLORADO 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 for the year ended December 31, 1990: political activity, civil rights, cash management, federal financial reports, allowable costs, Drug -free Workplace Act and administrative requirements. 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 first 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 immaterial instances of noncompliance with those require- ments, which are described in the accompanying schedule of findings and questioned costs. This report is intended solely for the information and use of the Mayor, Board of City Commissioners and management of the City of Salina, Kansas, the Kansas Department of Administration, Division of Accounts and Reports, the cognizant federal agency, and other applicable federal audit agencies and should not be used for any other purpose. This restriction is not intended to limit the distribution of this report which, upon acceptance by the City of Salina, Kansas, is a matter of public record. Respectfully submitted, Salina, Kansas July 31, 1991 -10- MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS KENNEDY AND COE HOME OFFICE: CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 1100 SALINA, KANSAS 67402 -1100 913- 825 -1561 INDEPENDENT AUDITORS' REPORT ON COMPLIANCE WITH SPECIFIC REQUIREMENTS APPLICABLE TO NONMAJOR FEDERAL FINANCIAL ASSISTANCE PROGRAM TRANSACTIONS To the Mayor and The Board of City Commissioners: OFFICES IN KANSAS NEBRASKA OKLAHOMA COLORADO In connection with our audit of the 1990 financial statements of the City of Salina, Kansas, and with our consideration of the City's internal control structure used to administer federal financial assistance programs, as required by Office of Management and Budget Circular A -128, "Audits of State and Local Governments," we selected certain transactions applicable to certain nonmajor federal financial assistance programs for the year ended December 31, 1990. As required by OMB Circular A -128, we have performed auditing procedures to test compliance with the requirements governing types of services allowed or unallowed that are applicable to those transactions. Our procedures were substantially less in scope than an audit, the objective of which is the expression of an opinion on the City's compliance with these requirements. Accordingly, we do not express such an opinion. With respect to the items tested, the results of those procedures disclosed no material instances of noncompliance with the requirements listed in the preceding paragraph. With respect to items not tested, nothing came to our attention that caused us to believe that the City had not complied, in all material respects, with those requirements. Also, the results of our procedures did not disclose any immaterial instances of noncompliance with those requirements. This report is intended solely for the information and use of the Mayor, Board of City Commissioners and management of the City of Salina, Kansas, the Kansas Department of Administration, Division of Accounts and Reports, the cognizant federal agency, and other applicable federal audit agencies and should not be used for any other purpose. This restriction is not intended to limit the distribution of this report which, upon acceptance by the City of Salina, Kansas, is a matter of public record. Respectfully submitted, Salina, Kansas July 31, 1991 -11- MEMBERS OF: AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND SEC PRACTICE SECTION AND PRIVATE COMPANIES PRACTICE SECTION OF THE AICPA DIVISION FOR CPA FIRMS CITY OF SALINA Salina, Kansas SCHEDULE OF INDEPENDENT AUDITORS' FINDINGS AND QUESTIONED COSTS Year Ended December 31, 1990 Program Finding /Noncompliance Criminal Justice Block Grant Program Finding: Federal funds in excess of the amounts requested were received by the City of Salina. Such excess amount received was $38.86. The final financial status report indicates that the questioned amount of federal funds authorized and received remained unobligated at the end of the program period. No documentation of the disposition of these unobligated funds has been provided. Recipient Response: The final financial status report reflects the amount of funds expended and the $38.86 as the unobligated balance of funds. The City has been verbally advised that such funds need not be returned to the grantor agency. Questioned Costs $38.86 -12- FINANCIAL STATEMENTS UNENCUMBERED CASH BALANCE DECEMBER 31, 1990 --------------- - -- $4,208,443.23 64,769.37 153,739.94 26,829.41 12,310.84 690.16 0.00 11,078.43 11,079.05 63,380.31 509,473.00 213,748.49 22,321.74 32,232.66 47,245.90 425.70 629.09 1,409.17 344,280.35 32,373.24 (11,688.46) 25,103.17 13,862.00 107,332.51 17,999.17 26,821.95 2,408.39 0.00 ACCOUNTS PAYABLE AND ENCUMBRANCES DECEMBER 31, 1990 --------------- - -- $236,554.18 125.97 57,621.13 0.00 2,401.27 0.00 0.00 0.00 0.00 0.00 72,159.65 31,790.12 0.00 12,085.34 0.00 0.00 0.00 0.00 9.50 7,955.53 3,038.13 0.00 0.00 0.00 0.00 0.00 2,360.12 EXHIBIT A CASH BALANCE DECEMBER 31, 1990 --------------- --- $4,444,997.41 64,895.34 211,361.07 26,829.41 14,712.11 890.16 0.00 11,078.43 11,079.05 63,380.31 581,632.65 245,538.61 22,321.74 44,318.00 47,245.90 425.70 629.09 1,409.:7 344,280.35 32,382.74 (3,732.93) 28,141.30 13,862.00 107,332.51 17,999.17 26,821.95 2,408.39 2,360.12 -13- EXHIBIT A (CONT'D) UNENCUMBERED ACCOUNTS PAYABLE CASH BALANCE AND ENCUMBRANCES CASH BALANCE DECEMBER 31, 1990 ------- ----- - -- - -- DECEMBER 31, 1990 ---- -- -- ---- - - - - -- DECEMBER 31, 1990 --------------- --- $678,857.29 $471.73 $679,329.02 935,293.15 1,338.91 936,632.06 59,805.76 3,241.67 63,047.43 3,982,312.92 794,783.64 4,777,096.56 360,789.44 0.00 360,789.44 1,891,258.20 0.00 1,891,258.20 (652,345.75) 956,378.40 304,032.65 2,637.46 ----- ------- - -- - -- 0.00 -- ----- ---- -- 2,637.46 $13,197,107.28 - - - -- $2,182,315.29 ------------------ $15,379,422.57 -14- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B -15- (OVER) UNDER GENERAL FUND ---- --- ---- --- ------ - --- -- ACTUAL --- ---- BUDGET BUDGET RECEIPTS: ---- -- --- --- ---- --- - ---- -- -- - - -- TAXES: PROPERTY ;1,455,370.50 ;1,424,672.00 ( ;30,698.50) SALES 3,716,291.04 3,434,000.00 (282,291.04) FRANCHISE 1,515,361.20 1,451,000.00 (64,361.20) INTERGOVERNMENTAL 1,105,447.68 1,124,178.00 18,730.32 FEES 488,680.94 482,000.00 (6,680.94) FINES 366,279.40 360,000.00 (6,279.40) PERMITS AND INSPECTION 224,951.58 210,000.00 (14,951.58) INTEREST 952,596.91 600,000.00 (352,596.91) MISCELLANOUS 529,502.78 95,500.00 (434,002.78) TRANSFERS IN 437,284.41 ------- - - -- -- 377,433.00 ---- --- - - - (59,851.41) TOTAL RECEIPTS ;10,791,766.44 ------- - - - --- --- ;9,558,783.00 ----- -- - --- -- - --- --- -- -- -- ( ;1,232,983.44) ------- - -- - -- EXPENDITURES: GENERAL GOVERNMENT: COMMISSION ;525,012.38 ;538,773.00 ;13,760.62 MANAGER 148,532.07 149,456.00 923.93 LEGAL 84,476.96 73,300.00 (11,176.96) FINANCE 301,246.85 273,742.00 (27,504.85) BUILDINGS 221,145.81 225,780.00 4,634.19 HUMAN RELATIONS 98,723.26 ---- --- _. 99,646.00 922,74 TOTAL GENERAL GOVERNMENT -- - - -- ;1,379,137.33 ------ - - - - - -- -- ---- - - -- - -- ;1,360,697.00 ------ - -- -- -- - --- --- - -- - -- ( ;18,440.33) ----- -- - - - - -- PUBLIC SAFETY: POLICE ;1,985,388.63 ;1,945,383.00 ( ;40,005.63) MUNICIPAL COURT 95,426.21 99,560.00 4,133.79 PARKING METERS 30,257.76 44,902.00 14,644.24 FIRE: ADMINISTRATION 270,151.54 294,518.00 24,366.46 EMS 622,819.38 621,378.00 (1,441.38) SUPRESSION 1,430,199.25 1,392,798.00 (37,401.25) PREVENTION 137,985.66 137,832.00 (153.66) PERMITS AND INSPECTION 136,612.20 -- -- ------ - -- 144,859.00 8,246.80 TOTAL PUBLIC SAFETY ;4,708,840.63 --- -- -- - - ---- --- --- --- - --- ;4,681,230.00 -- -- -- -- --- -- -- ---- - - - -- -- ( ;27,610.63) ------- ------ -15- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) (OVER) UNDER GENERAL FUND ----- ---- --- -- ---- -- - - - --- ACTUAL - ---- -- BUDGET BUDGET PUBLIC WORKS: - - -- -- - ------ - - ---- --- ---- - - -- -- ENGINEERING $146,572.72 $167,808.00 $21,235.28 STREET 644,533.58 675,310.00 30,776.42 FLOOD WORKS 71,830.18 70,540.00 (1,290.18) TRAFFIC CONTROL 119,860.65 ------- - - - - -- 123,610.00 3,749.35 TOTAL PUBLIC WORKS $982,797.13 ------- - - - - -- ------- - - - - -- $1,037,268.00 ------- -- - - -- -- ----- - - - - -- $54,470.87 --- ---- - - - - -- RECREATION: PARKS: DOWNTOWN $31,884.59 $37,830.00 $5,945.41 FORESTRY 69,320.19 72,712.00 3,391.81 PARKS 485,440.10 448,104.00 (37,336.10) SWIMMING POOLS 62,000.80 48,650.00 (13,350.80) NEIGHBORHOOD CENTERS 88,030.53 ----- -- - - - - -- 86,978.00 ---- (1,052.53) TOTAL RECREATION $736,676.21 ------- - - - - -- --- - - - - -- $694,274.00 ------- -- - - -- ------- - - - - -- ($42,402.21) --- ---- -- - - -- CULTURAL: ARTS AND HUMANITIES $137,382.99 $135,600.00 ($1,782.99) SMOKY HILL MUSEUM 166,330.82 -- --- 166,456.00 125.18 TOTAL CULTURAL -- --- - -- $303,713.81 ------- - - - - -- ---- --- - - - - -- $302,056.00 ------- - - - - -- ------- - - - - -- ($1,657.81) ------- - - - - -- COMMUNITY DEVELOPMENT: PLANNING $106,827.04 ------- - - - - -- $109,120.00 ---- --- -- - - -- $2,292,96 --- --- -- -- - -- HEALTH AND WELFARE: CEMETERY $74,265.57 ------ - -- - -- $68,990.00 - ----- - - -- -- ($5,275.57) ------ - - - - -- OTHER: CONTINGENCY $756,116.73 ------ - - - - -- $1,600.00 - ----- - - - --- ($754,516.73) ----- - - - - - -- CAPITAL OUTLAY: $746,772.25 -- --- - - - -- -- $716,000.00 --- -- - - - - --- ($30,772.25) -- --- -- -- - -- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT•D) (OVER) UNDER GENERAL FUND ACTUAL BUDGET BUDGET ------------------ -- - - - - -- -- ----- --- - -- ---- --- - - - - -- ------- - - -- -- TRANSFERS OUT: $983,074.00 $1,015,740.00 $32,666.00 ------ - - - - -- ------ - - - - -- -- ---- - - - - -- RESERVES: $0.00 $3,226,019.00 $3,226,019.00 ------ - - - - -- -- ---- - --- -- -- ---- -- - - -- TOTAL EXPENDITURES $10,778,220.70 $13,212,994.00 $2,434,773.30 ------ - - - - -- ------ - - - - -- --- --- - - - - -- RECEIPTS OVER (UNDER) EXPENDITURES $13,545.74 ($3,654,211.00) ($3,667,756.74) UNENCUMBERED CASH BALANCE, JANUARY 1 4,194,897.49 3,654,211.00 (540,686.49) ------- - - - - -- ------- - - - - -- ------- - - -- -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $4,208,443.23 $0.00 ($4,208,443.23) -17- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) UNENCUMBERED CASH BALANCE, JANUARY 1 124,410.00 160,451.00 36,041.00 - ------ - - -- -- ------- - - - --- ------- - -- - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $64,769.37 $0.00 ($64,769.37) -18- (OVER) UNDER EMPLOYEE BENEFITS FUND ------- ------------- - - - - -- ACTUAL --- ---- - - -- BUDGET BUDGET RECEIPTS: -- - -- ---- -- - - -- ------- - - ---- TAXES: PROPERTY $1,688,931.52 $1,670,732.00 ($18,199.52) INTERGOVERNMENTAL 146,567.00 146,567.00 0.00 MISCELLANOUS 366.46 0.00 (366.46) TRANSFERS IN 7,335.00 ------- - -- - -- 40,000.00 ---- --- 32,665.00 TOTAL RECEIPTS $1,843,199.98 ------- - - - - -- -- - --- $1,857,299.00 - ---- -- - --- -- --- --- --- - - -- $14,099.02 ----- -- - - - - -- EXPENDITURES: EARNED LEAVE $7,335.30 $40,000.00 $32,664.70 UNEMPLOYMENT INSURANCE 14,887.76 16,000.00 1,112.24 SOCIAL SECURITY 270,496.68 270,000.00 (496.68) LIFE INSURANCE 38,880.61 0.00 (38,880.61) KP&F RETIREMENT 541,996.41 530,500.00 (11,496.41) KPERS RETIREMENT 72,698.15 84,000.00 11,301.85 HEALTH INSURNACE 745,795.70 746,500.00 704.30 CONTRACTUAL 210,750.00 210,750.00 0.00 RESERVES 0.00 ---- --- - -- - -- 120,000.00 --- ---- 120,000.00 TOTAL EXPENDITURES $1,902,840.61 ------- - - - - -- -- - - -- $2,017,750.00 -- ----- ---- --- -- - --- $114,909.39 RECEIPTS OVER (UNDER) - - - - -- -- ---- - - - - - -- EXPENDITURES ($59,640.63) ($160,451.00) ($100,810.37) UNENCUMBERED CASH BALANCE, JANUARY 1 124,410.00 160,451.00 36,041.00 - ------ - - -- -- ------- - - - --- ------- - -- - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $64,769.37 $0.00 ($64,769.37) -18- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 UTILITY FUND -------------------------- RECEIPTS: TAXES: PROPERTY TRANSFERS IN TOTAL RECEIPTS EXPENDITURES: GAS SERVICE STREET LIGHTING WATER SERVICE LIGHT 6 POWER TRAFFIC CONTROL SIGNALS RESERVES TOTAL EXPENDITURES RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 ACTUAL BUDGET - ------ - - - --- ------ -- - - --- $643,979.55 $633,066.00 15,000.00 ------- - - - - -- 15,000.00 ------- $658,979.55 ----- -- - - - - -- - - - - -- $648,066.00 ------- - -- - -- $46,848.55 $43,000.00 242,551.08 260,000.00 69,363.89 63,000.00 254,167.28 286,000.00 34,367.95 47,000.00 0.00 62,659.00 $647,298.75 $761,659.00 ----- - - - - -- ------ - - - - - -- EXHIBIT B (CONT'D) (OVER) UNDER BUDGET ($10,913.55) 0.00 ($10,913.55) ($3,848.55) 17,448.92 (6,363.89) 31,832.72 12,632.05 62,659.00 $114,360.25 $11,680.80 ($1.13,593.00) ($125,273.80) 142,059.14 113,593.00 (28,466.14) ------- - - - - -- --- ---- - - - - -- ----- -- - -- - -- $153,739.94 $0.00 ($153,739.94) -19- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT`D) (OVER) UNDER SPECIAL LIABILITY FUND ACTUAL BUDGET BUDGET ----------------- - - - - -- ------- - - - --- -- --- -- - - - --- - ------ - - - --- RECEIPTS: TAXES: PROPERTY $261,631.72 $258,288.00 ($3,343.72) --- --- - - - - - -- - ------ - - -- -- ------- -- -- -- TOTAL RECEIPTS $261,631.72 $258,288.00 ($3,343.72) ------- - - - - -- ------- - - - - -- ------- - - - - -- EXPENDITURES: TRANSFERS OUT $244,564.00 $244,564.00 $0.00 RESERVES 0.00 ------- - - - - -- 23,617.00 23,617.00 TOTAL EXPENDITURES $244,564.00 - ------ - - - - -- ------- - -- - -- $268,181.00 ------- -- - - -- ------- - - - - -- $23,617.00 --- ---- - - - - -- RECEIPTS OVER (UNDER) EXPENDITURES $17,067.72 ($9,893.00) ($26,960.72) UNENCUMBERED CASH BALANCE, JANUARY 1 9761.69 ------- - - - - -- 9,893.00 ------- - -- - -- 131.31 ------- - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $26,829.41 $0.00 ($26,829.41) -20- CITY OF SALIVA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) (OVER) UNDER RECREATION FUND ----------- --- - - - - - -- ACTUAL ---- --- BUDGET BUDGET RECEIPTS: -- - - -- -- ----- -- ---- ---- --- --- - -- TAXES: PROPERTY $458,578.60 ;446,435.00 ( ;12,143.60) FEES 240,276.61 231,332.00 (8,944.61) INTEREST 9,916.00 10,000.00 84.00 MISCELLANOUS 24,095.89 ------- - - - --- 7,000.00 ------- (17,095.89) TOTAL RECEIPTS $732,867.10 ------ - - - -- -- - - - - -- $694,767.00 ----- -- -- - - -- ----- -- -- - - -- (=38,100.10) -- ----- - -- - -- EXPENDITURES: PERSONAL SERVICES $350,785.33 $284,514.00 ( ;66,271.33) SUPPLIES 58,991.45 56,000.00 (2,991.45) CONTRACTUAL 68,659.35 122,500.00 53,840.65 OTHER SERVICES AND CHARGES 172,912.60 147,320.00 (25,592.60) CAPITAL OUTLAY 48,321.88 120,000.00 71,678.12 TRANSFERS OUT 75,000.00 0.00 (75,000.00) RESERVES 0.00 ------- - $32,666.00 $32,666.00 TOTAL EXPENDITURES - - --- $774,670.61 ------- - - - - -- ------ -- - -- -- $763,000.00 ---- --- - - - - -- ($11,670.61) RECEIPTS OVER (UNDER) ------ - - - -- -- ------- - - - - -- EXPENDITURES ($41,803.51) ($68,233.00) ($26,429.49) UNENCUMBERED CASH BALANCE, JANUARY 1 54,114.35 68,233.00 14 118.65 UNENCUMBERED CASH BALANCE, DECEMBER 31 $12,310.84 $0.00 ($12,310.84) CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) (OVER) UNDER BUSINESS IMPROVEMENT DISTRICT ACTUAL BUDGET BUDGET --- --------- ------ -- - - - - -- ---- --- - - - - -- ------- --- - -- ---- --- - - - - -- RECEIPTS: SPECIAL ASSESSMENTS $60,760.54 $111,000.00 $50,239.46 ----- -- - - - - -- ------- - - -- -- ------- - - - - -- TOTAL RECEIPTS $60,760.54 $111,000.00 $50,239.46 ------- - - - - -- --- ---- - -- - -- ---- --- - - - - -- EXPENDITURES: CONTRACTUAL TRANSFER OUT TOTAL EXPENDITURES RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 $43,368.47 $94,000.00 17,000.00 ------- - - - - -- 17,000.00 ------- $60,368.47 ------- - - - - -- - -- - -- $111,000.00 ------- - - - - -- $392.07 $0.00 498.09 0.00 ------- - - - - -- - ----- - - - - --- $890.16 $0.00 $50,631.53 0.00 $50,631.53 ($392.07) (498.09) ($890.16) -22 -- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) (OVER) UNDER TOURISM AND CONVENTION FUND ACTUAL BUDGET BUDGET ------ ----- ------ - - - - -- ------- - - -- -- - ------ - - -- -- -- --- -- - - - - -- RECEIPTS: TAXES $257,796.81 $270,000.00 :12,203.19 ------- - - - - -- ------- - - - - -- ------ - - - - - -- TOTAL RECEIPTS $257,796.81 $270,000.00 $12,203.19 ---- --- -- - --- ----- -- - - - --- -- --- -- - - - - -- EXPENDITURES: CONTRACTUAL $257,796.81 $270,000.00 $12,203.19 ------- - - - - -- -- ----- - -- - -- --- ---- - - - - -- TOTAL EXPENDITURES $257,796.81 $270,000.00 $12,203.19 ------- - - - - -- -- ----- - - - - -- ------- - - - - -- RECEIPTS OVER (UNDER) EXPENDITURES $0.00 $0.00 $0.00 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 0.00 0.00 ------- - - - - -- ------- - -- - -- --- ---- - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $0.00 $0.00 $0.00 -23- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) (OVER) UNDER SPECIAL PARKS 6 RECREATION FUND ACTUAL BUDGET BUDGET --- ------------ ----- - - - - -- - ------ - - -- -- - --- -- -- - -- -- ------- -- - - -- RECEIPTS: INTERGOVERNMENTAL $65,404.16 $58,117.00 ( ;7,287.16) ------- - - - --- --- -- -- - -- - -- ---- --- - -- --- TOTAL RECEIPTS $65,404.16 $58,117.00 ( ;7,287.16) ----- -- - - - - -- ----- -- --- - -- ---- --- - - ---- EXPENDITURES: TRANSFERS OUT $69,433.00 $69,433.00 $0.00 ------- - - - - -- ------- - -- - -- ------- - - -- -- TOTAL EXPENDITURES $69,433.00 $69,433.00 $0.00 ------- --- - -- ---- --- - - - - -- --- ---- -- - - -- RECEIPTS (UNDER) EXPENDITURES ($4,028.84) ($11,316.00) ($7,287.16) UNENCUMBERED CASH BALANCE, JANUARY 1 15,107.27 11,316.00 (3,791.27) ------- - - - - -- ---- --- - - - - -- ------- - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $11,078.43 $0.00 ($11,078.43) -24- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) (OVER) UNDER SPECIAL ALCOHOL FUND ACTUAL BUDGET BUDGET --- ----------------- - - - --- -- ----- - - - - -- - ------ -- - --- ------- - - -- -- RECEIPTS: INTERGOVERNMENTAL $65,404.16 $58,117.00 ($7,287.16) ------- - - - - -- --- ---- - - - - -- ------- - - - - -- TOTAL RECEIPTS $65,404.16 $58,117.00 ($7,287.16) ------- - - - - -- ------- - - -- -- ----- -- - -- - -- EXPENDITURES: CONTRACTUAL $69,432.00 $69,432.00 $0.00 ------- -- - --- -- ----- - - - - -- ------- - - - - -- TOTAL EXPENDITURES $69,432.00 $69,432.00 $0.00 ------- - - - - -- ------- - - - - -- - --- --- - -- - -- RECEIPTS (UNDER) EXPENDITURES ($4,027.84) ($11,315.00) ($7,287.16) UNENCUMBERED CASH BALANCE, JANUARY 1 15,106.89 11,315.00 (3,791.89) ---- --- - - - - -- - ---- -- -- - - -- ------- - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $11,079.05 $0.00 ($11,079.05) -25- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 STREET MACHINERY -------------------------- RECEIPTS: EXPENDITURES: CAPITAL OUTLAY RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 EXHIBIT B (CONT'D) (OVER) UNDER ACTUAL BUDGET BUDGET -- ----- - -- - -- ------ --- - - -- -- ----- - -- - -- $0.00 $0.00 $0.00 $0.00 $63,681.00 $63,681.00 ------- - - - - -- --- ---- - - - - -- - --- --- -- - - -- $0.00 ($63,681.00) ($63,681.00) 63,380.31 63,681.00 300.69 ------- - - - - -- ------- - - - - -- ------- - - - - -- $63,380.31 $0.00 ($63,380.31) -26- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) UNENCUMBERED CASH BALANCE, JANUARY 1 218,480.75 112,600.00 (105,880.75) ------- - - - - -- - ---- -- - -- - -- -- ----- - - ---- UNENCUMBERED CASH BALANCE, DECEMBER 31 $509,473.00 $0.00 (2509,473.00) -27- (OVER) UNDER SPECIAL GAS TAX FUND -------------------- - - - - -- ACTUAL ---- BUDGET BUDGET RECEIPTS: --- - - - - -- -- ---- -- - ---- - ------ - --- -- INTERGOVERNMENTAL $1,060,023.90 $1,100,000.00 $39,976.10 MISCELLANOUS 30,564.34 ------- - - - - -- 0.00 (30,564.34) TOTAL RECEIPTS $1,090,588.24 ------- - - - - -- -- ----- -- - - -- $1,100,000.00 --- ---- - - - - -- ------- - - - --- $9,411.76 ---- --- - - - - -- EXPENDITURES: PERSONAL SERVICES $74,722.08 $77,820.00 $3,097.92 SUPPLIES 113,649.61 154,000.00 40,350.39 CAPITAL OUTLAY 611,224.30 705,000.00 93,775.70 RESERVES 0.00 ------- - - - 275,780.00 275,780.00 TOTAL EXPENDITURES - -- $799,595.99 ------- - - - - -- -- ---- - - - - - -- $1,212,600.00 ------- - -- - -- ------- - - - - -- $413,004.01 ------- - -- - -- RECEIPTS OVER (UNDER) EXPENDITURES $290,992.25 ($112,600.00) ($403,592.25) UNENCUMBERED CASH BALANCE, JANUARY 1 218,480.75 112,600.00 (105,880.75) ------- - - - - -- - ---- -- - -- - -- -- ----- - - ---- UNENCUMBERED CASH BALANCE, DECEMBER 31 $509,473.00 $0.00 (2509,473.00) -27- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) • ( 1 .19) ------- - - - - -- ------- - -- - -- - ------ - - - - -- TOTAL RECEIPTS $781,236.52 $657,000.00 ($124,236.52) ------- - - - - -- ------- - - - - -- --- ----- - - - -- EXPENDITURES: (OVER) UNDER BICENTENNIAL CENTER FUND - ---- --------- ------ -- - - -- ACTUAL - ------ -- BUDGET BUDGET RECEIPTS: - - -- ------ - - - - --- ------- ------ FEES $515,771.70 $455,000.00 ($60,771.70) MISCELLANOUS 7,652.63 2,000.00 (5,652.63) TRANSFERS IN 257 812 19 200 000 00 57 8 2 • ( 1 .19) ------- - - - - -- ------- - -- - -- - ------ - - - - -- TOTAL RECEIPTS $781,236.52 $657,000.00 ($124,236.52) ------- - - - - -- ------- - - - - -- --- ----- - - - -- EXPENDITURES: PERSONAL SERVICES $419,679.42 $399,171.00 ($20,508.42) SUPPLIES 39,904.04 47,100.00 7,195.96 CONTRACTUAL 683.79 2,000.00 1,316.21 OTHER SERVICES AND CHARGES 289,252.48 190,200.00 (99,052.48) CAPITAL OUTLAY 22,379.85 12,085.00 (10,294.85) RESERVES 0.00 ------- - - - - -- 200,015.00 ------- 200,015.00 TOTAL EXPENDITURES $771,899.58 ------- - - - - -- - - - --- $850,571.00 ------ - - - - - -- $78,671.42 RECEIPTS OVER (UNDER) ------- - - - - -- - ------ --- - -- EXPENDITURES $9,336.94 ($193,571.00) ($202,907.94) UNENCUMBERED CASH BALANCE, JANUARY 1 204,411.55 193,571.00 (10,840.55) ------- - - - - -- ------- -- - - -- - ------ - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 $213,748.49 $0.00 ($213,748.49) -28- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) BICENTENNIAL CENTER EVENT (NOTE 2) ACTUAL -------- ------- ----- - - - --- --- ----- - -- -- RECEIPTS: FEES $637,935.75 TOTAL RECEIPTS $637,935.75 EXPENDITURES: CONTRACTUAL $577,681.90 TRANSFERS OUT 57,812.19 TOTAL EXPENDITURES $635,494.09 RECEIPTS OVER (UNDER) EXPENDITURES $2,441.66 UNENCUMBERED CASH BALANCE, JANUARY 1 19,880.08 UNENCUMBERED CASH BALANCE, DECEMBER 31 $22,321.74 -29- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) HUD COMMUNITY DEVELOPMENT FUND (NOTE 2) ------------------------- RECIEPTS: INTERGOVERNMENTAL INTEREST MISCELLANOUS TRANSFERS IN ACTUAL $233,726.00 4,776.74 20,204.02 42,897.62 TOTAL RECEIPTS $301,604.38 EXPENDITURES: PERSONAL SERVICES $40,103.23 SUPPLIES 2,087.00 HOUSING GRANTS 181,883.08 HOUSING LOANS 16,071.84 TRANSFERS OUT 82,599.00 TOTAL EXPENDITURES $322,744.15 RECEIPTS OVER (UNDER) EXPENDITURES ($21,139.77) UNENCUMBERED CASH BALANCE, JANUARY 1 53,372.43 UNENCUMBERED CASH BALANCE, DECEMBER 31 $32,232.66 -30- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) COMMUNITY DEVELOPMENT REVOLVING LOAN FUND (NOTE 2) ACTUAL ------------------------ ---- - - - - -- ------- - - - --- RECEIPTS: INTEREST $2,709.00 MISCELLANOUS 4,941.02 TRANSFERS IN 82,599.00 TOTAL RECEIPTS $90,249.02 EXPENDITURES: CONTRACTUAL $105.50 TRANSFERS OUT 42,897.62 TOTAL EXPENDITURES $43,003.12 RECEIPTS OVER (UNDER) EXPENDITURES $47,245.90 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 UNENCUMBERED CASH BALANCE, DECEMBER 31 $47,245.90 -31- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) HERITAGE COMMISSION FUND (NOTE 2) ACTUAL -- ---------- ------- ----- - - - - -- --- -- --- - - - -- RECEIPTS: MISCELLANOUS $425.70 TOTAL RECEIPTS $425.70 EXPENDITURES: $0.00 RECEIPTS OVER (UNDER) EXPENDITURES $425.70 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 UNENCUMBERED CASH BALANCE, DECEMBER 31 $425.70 -32- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) FAIR HOUSING FUND (NOTE 2) ACTUAL ---- ---- ---------------- - - - - -- ------ --- ---- RECEIPTS: INTERS $10,000.00 TOTAL RECEIPTS $10,000.00 EXPENDITURES: SUPPLIES $907.46 CONTRACTUAL 1,489.36 OTHER SERVICES AND CHARGES 6,974.09 TOTAL EXPENDITURES $9,370.91 RECEIPTS OVER EXPENDITURES $629.09 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 UNENCUMBERED CASH BALANCE, DECEMBER 31 $629.09 -33- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) SPECIAL LAW ENFORCEMENT (NOTE 2) ACTUAL ------------------- ----- - - - - -- ------- - - - - -- RECEIPTS: $0.00 EXPENDITURES: $0.00 RECEIPTS OVER (UNDER) EXPENDITURES $0.00 UNENCUMBERED CASH BALANCE, JANUARY 1 1,409.17 UNENCUMBERED CASH BALANCE, DECEMBER 31 $1,409.17 -34- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 BOND AND INTEREST FUND -------------------------- RECEIPTS: TAXES: PROPERTY SPECIAL ASSESSMENTS MISCELLANOUS TRANSFERS IN TOTAL RECEIPTS EXPENDITURES: PRINCIPAL INTEREST OTHER SERVICES AND CHARGES RESERVES TOTAL EXPENDITURES RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 ACTUAL BUDGET ---- --- - - - - -- ------ - - - - - -- $1,135,280.28 $1,111,906.00 837,604.07 872,857.00 38,447.63 35,504.00 565,876.72 558,739.00 $2,577,208.70 $2,579,006.00 -- ----- - - - - -- ------- - - - - -- $1,710,000.00 $1,750,021.00 758,722.31 806,506.00 2,103.08 1,500.00 0.00 139,332.00 $2,470,825.39 $2,697,359.00 ---- --- - - - - -- ------- - - -- -- EXHIBIT B (CONT'D) (OVER) UNDER BUDGET ($23,374.28) 35,252.93 (2,943.63) (7,137.72) $1,797.30 $40,021.00 47,783.69 (603.08) 139,332.00 $226,533.61 $106,383.31 ($118,353.00) ($224,736.31) $237,897.04 $118,353.00 ($119,544.04) ------- --- - -- ----- -- - - - --- -- ----- - - - --- $344,280.35 $0.00 ($344,280.35) -35- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 RISK MANAGEMENT FUND -------------------------- RECEIPTS: MISCELLANOUS TRANSFERS IN TOTAL RECEIPTS EXPENDITURES: PERSONAL SERVICES SUPPLIES CONTRACTUAL OTHER SERVICES AND CHARGES CAPITAL OUTLAY RESERVES TOTAL EXPENDITURES RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 ACTUAL BUDGET ----- -- - - - - -- -- ----- - -- - -- $83,187.96 $0.00 633,411.00 633,411.00 ------- - - - - -- ------- - -- - -- $716,598.96 $633,411.00 ------- - - - - -- ------- - - - - -- $40,489.54 $38,890.00 1,211.63 2,100.00 677,636.56 553,000.00 2,870.86 3,300.00 0.00 500.00 0.00 97,435.00 $722,208.61 $695,225.00 ----- - - - - -- --- ---- - - - - -- ($5,609.65) ($61,814.00) 37,982.89 61,814.00 ------- - - - - -- - -- ---- -- - - -- $32,373.24 $0.00 EXHIBIT B (CONT'D) (OVER) UNDER BUDGET ($83,187.96) 0.00 ( ;83,187.96) ($1,599.54) 888.37 (124,636.56) 429.12 500.00 97,435.00 ($26,983.61) ($56,204.35) 23,831.11 ($32,373.24) -36- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) UNENCUMBERED CASH BALANCE, JANUARY 1 (21,932.87) 0.00 21,932.87 ------- - - - - -- ------- - - - - -- ------ - - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 ($11,688.46) $0.00 $11,688.46 -37- (OVER) UNDER CENTRAL GARAGE FUND --- ----------- ------ - - ACTUAL BUDGET BUDGET - - -- RECEIPTS: ------- - - - - -- ------- - -- - -- ------- - - -- -- MISCELLANOUS $2,471.04 $0.00 ($2,471.04) REIMBURSEMENTS 639,473.90 ------- - - - - -- 711,455.00 ------- 71,981.10 TOTAL RECEIPTS $641,944.94 ----- -- - - - - -- - -- - -- $711,455.00 ------- - - - --- ------- --- - -- $69,510.06 ----- -- - - -- -- EXPENDITURES: PERSONAL SERVICES $162,514.88 $164,555.00 $2,040.12 SUPPLIES 452,190.97 475,800.00 23,609.03 OTHER SERVICES AND CHARGES 8,200.68 11,100.00 2,899.32 CAPITAL OUTLAY 8,794.00 0.00 (8,794.00) TRANSFERS OUT 0.00 ------- - - - 60,000.00 60,000.00 TOTAL EXPENDITURES - -- $631,700.53 ------- - - - - -- ------- - - - - -- $711,455.00 ----- -- - - - - -- ------- --- - -- $79,754.47 ------- - - - - -- RECEIPTS OVER (UNDER) EXPENDITURES $10,244.41 $0.00 ($10,244.41) UNENCUMBERED CASH BALANCE, JANUARY 1 (21,932.87) 0.00 21,932.87 ------- - - - - -- ------- - - - - -- ------ - - - - - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 ($11,688.46) $0.00 $11,688.46 -37- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 DATA PROCESSING FUND -------------------------- RECEIPTS: FEES MISCELLANOUS TRANSFERS IN TOTAL REVENUES EXPENDITURES: PERSONAL SERVICES SUPPLIES CONTRACTUAL OTHER SERVICES AND CHARGES CAPITAL OUTLAY RESERVES TOTAL EXPENDITURES RECEIPTS (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 EXHIBIT B (CONT -D) (OVER) UNDER ACTUAL BUDGET BUDGET - ------ - --- -- --- ---- - - - - -- ------- - - -- -- $1,560.00 $2,000.00 43,363.65 33,200.00 105,826.00 ------- - - - - -- 105,826.00 $150,749.65 ------- - - - - -- ------- -- - - -- $141,026.00 ------- - --- -- $138,878.87 $143,460.00 3,015.75 3,250.00 2,242.50 11500.00 25,494.45 32,400.00 3,080.57 4,000.00 0.00 ------- - - - --- 1,110.00 $172,712.14 ------- - - - - -- ------- - - - - -- $185,720.00 ------- -- - - -- ($21,962.49) ($44,694.00) 47,065.66 44,694.00 ------ - - - - --- ----- -- --- - -- $25,103.17 $0.00 $440.00 (10,163.65) 0.00 ( ;9,723.65) $4,581.13 234.25 (742.50) 6,905.55 919.43 1,110.00 $13,007.86 ($22,731.51) (2,371.66) ($25,103.17) -38- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT -D) CITIZENSHIP TRUST FUND (NOTE 2) ACTUAL - -- ----------------- - - - - -- ------- ------ RECEIPTS: INTEREST $725.40 TOTAL, RECEIPTS $725.40 EXPENDITURES: OTHER SERVICES AND CHARGES $500.00 TOTAL EXPENDITURES $500.00 RECEIPTS OVER EXPENDITURES $225.40 UNENCUMBERED CASH BALANCE, JANUARY 1 13,636.60 UNENCUMBERED CASH BALANCE, DECEMBER 31 $13,862.00 -39- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) CEMETERY ENDOWMENT FUND (NOTE 2) ACTUAL ---------------- ---- - - -- -- ---- --- - - - - -- RECEIPTS: FEES $4,597.47 TOTAL RECEIPTS $4,597.47 EXPENDITURES: OTHER SERVICE AND CHARGES $36.84 TOTAL EXPENDITURES $36.84 RECEIPTS OVER EXPENDITURES $4,560.63 UNENCUMBERED CASH BALANCE, JANUARY 1 102,771.88 UNENCUMBERED CASH BALANCE, DECEMBER 31 $107,332.5. -40- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT•D) MAUSOLEUM ENDOWMENT FUND (NOTE 2) ACTUAL --------- ----------- - - - - -- ----- -- - - - - -- RECEIPTS: FEES $0.00 TOTAL RECEIPTS $0.00 EXPENDITURES: OTHER CONTRACTUAL $0.00 TOTAL EXPENDITURES $0.00 RECEIPTS OVER (UNDER) EXPENDITURES $0.00 UNENCUMBERED CASH BALANCE, JANUARY 1 17,999.17 UNENCUMBERED CASH BALANCE, DECEMBER 31 $17,999.17 -41- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) SPECIAL ASSESSMENT ESCROW FUND (NOTE 2) ACTUAL - ------- ------- -- --- - -- - -- ------- -- -- -- RECEIPTS: SPECIAL ASSESSMENTS $8,316.83 INTEREST 1,052.95 TOTAL RECEIPTS $9,369.78 EXPENDITURES: TRANSFERS OUT $3,000.73 TOTAL EXPENDITURES $3,000.73 RECEIPTS OVER EXPENDITURES $6,369.05 UNENCUMBERED CASH BALANCE, JANUARY 1 20,452.90 UNENCUMBERED CASH BALANCE, DECEMBER 31 $26,821.95 -42- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) TRICENTENNIAL COMMISSION FUND (NOTE 2) ACTUAL ---- -------- ------- - - - - - -- ------- - - - - -- RECEIPTS: MISCELLANEOUS $2,408.39 EXPENDITURES: $0.00 RECEIPTS OVER EXPENDITURES $2,408.39 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 UNENCUMBERED CASH BALANCE, DECEMBER 31 $2,408.39 -43- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) FIRE INSURANCE PROCEEDS FUND (NOTE 2) ACTUAL -------------- ------ -- - - -- ------ -- - ---- RECEIPTS: INTEREST $37.20 MISCELLANEOUS 3,325.30 TOTAL RECEIPTS $3,362.50 EXPENDITURES: OTHER SERVICES AND CHARGES $3,362.50 RECEIPTS OVER (UNDER) EXPENDITURES $0.00 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 UNENCUMBERED CASH BALANCE, DECEMBER 31 $0.00 -44- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) UNENCUMBERED CASH BALANCE, JANUARY 1 567,126.70 _. 513,895.00 (53,231.70) --- ---- - - - - -- ----- -- - - -- -- ---- --- - -- - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 ;678,857.29 ;0.00 (;678,857.29) -45- (OVER) UNDER SANITATION FUND --------------- ----- ACTUAL BUDGET BUDGET - - - - -- RECEIPTS: - -- ---- - - -- -- -- ---- --- - --- - --- --- -- -- -- FEES ;744,883.45 ;708,000.00 ( ;36,883.45) INTEREST 46,610.22 30,000.00 (16,610.22) MISCELLANOUS 1,211.47 1,500.00 288.53 TOTAL RECEIPTS --- --- - - - - - -- ;792,705.14 ------- ---- -- -- ----- --- - -- ;739,500.00 ------ - - - - --- - ------ - -- --- ( ;53,205.14) ------- - - - --- EXPENDITURES: PERSONAL SERVICES ;410,298.37 ;455,500.00 ;45,201.63 SUPPLIES 97,920.43 100,710.00 2,789.57 CONTRACTUAL 26,489.52 12,940.00 (13,549.52) OTHER SERVICES AND CHARGES 39,536.12 63,100.00 23,563.88 CAPITAL OUTLAY 65,230.11 41,200.00 (24,030.11) TRANSFERS OUT 41,500.00 54,500.00 13,000.00 RESERVES 0.00 ------- - - - --- 525,445.00 525,445.00 TOTAL EXPENDITURES ;680,974.55 ------- - - - --- ---- - -- - -- ;1,253,395.00 ----- -- - - - - -- ;572,420.45 RECEIPTS OVER (UNDER) - -- -- ----- --- - -- ------- -- - - -- EXPENDITURES ;111,730.59 ( ;513,895.00) ( ;625,625.59) UNENCUMBERED CASH BALANCE, JANUARY 1 567,126.70 _. 513,895.00 (53,231.70) --- ---- - - - - -- ----- -- - - -- -- ---- --- - -- - -- UNENCUMBERED CASH BALANCE, DECEMBER 31 ;678,857.29 ;0.00 (;678,857.29) -45- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 SOLID WASTE FUND -------------------------- RECEIPTS: FEES INTEREST MISCELLANOUS TOTAL RECEIPTS EXPENDITURES: PERSONAL SERVICES SUPPLIES CONTRACTUAL OTHER SERVICES AND CHARGES CAPITAL OUTLAY TRANSFERS OUT RESERVES TOTAL EXPENDITURES RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 ACTUAL BUDGET ------- - - - - -- ---- --- ---- -- $312,785.00 $330,000.00 65,568.00 50,000.00 4,906.31 ------- - - -- 100.00 -- $383,259.31 ------- - - - - -- ----- -- - - -- -- $380,100.00 ----- -- - -- - -- $123,841.05 $139,200.00 73,655.81 77,220.00 2,000.00 2,500.00 23,517.02 12,350.00 15,781.87 105,600.00 13,800.00 13,800.00 0.00 892,390.00 $252,595.75 $1,243,060.00 ----- - - - - -- ----- - - - - - -- $130,663.56 ($862,960.00) EXHIBIT B (CONT'D) (OVER) UNDER BUDGET $17,215.00 (15,568.00) (4,806.31) ($3,159.31) $15,358.95 3,564.19 500.00 (11,167.02) 89,818.13 0.00 892,390.00 $990,464.25 ($993,623.56) 604,629.59 862,960.00 58,330.41 --- ---- - - -- -- ----- -- - - ---- - ---- -- - - - - -- $935,293.15 $0.00 ($935,293.15) -46- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 GOLF COURSE FUND ACTUAL - ------ ------------- - - - - -- --- - - - - -- RECEIPTS: TAXES: EXHIBIT B (CONT'D) (OVER) UNDER BUDGET BUDGET -- ----- -- - - -- -- ---- --- - - - - -- SALES $8,615.41 $0.00 FEES 433,890.06 425,000.00 INTEREST 0.00 4,000.00 MISCELLANOUS 4 533.79 0 00 TOTAL RECEIPTS EXPENDITURES: PERSONAL SERVICES SUPPLIES CONTRACTUAL OTHER SERVICES AND CHARGES CAPITAL OUTLAY TRANSFERS OUT RESERVES TOTAL EXPENDITURES RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 -- , $447,039.26 $429,000.00 ------- - - - - -- - ------ - - - - -- $215,621.46 $210,040.00 80,993.45 89,500.00 10,815.78 0.00 78,881.28 79,000.00 52,845.00 41,220.00 0.00 15,200.00 0.00 9,040.00 $439,156.97 $444,000.00 ----- - - - - -- ------- --- - -- $7,882.29 ($15,000.00) 51,923.47 15,000.00 ----- -- - - - - -- ------- - -- - -- $59,805.76 $0.00 ($8,615.41) (8,890.06) 4,000.00 (4,533.79) ($18,039.26) ($5,581.46) 8,506.55 (10,815.78) 118.72 (11,625.00) 15,200.00 9,040.00 $4,843.03 ($22,882.29) (36,923.47) ($59,805.76) -47- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 WATER AND SEWER FUND -------------------------- RECEIPTS: FEES INTEREST MISCELLANOUS BOND PROCEEDS TRANSFERS IN TOTAL RECEIPTS EXPENDITURES: ADMINISTRATION CUSTOMER ACCOUNTING DISTRIBUTION PUMPING SUPPLY SERVICE DEBT SERVICE COLLECTION AND TREATMENT PRETREATMENT CAPITAL OUTLAY TRANSFERS OUT REFUNDING ESCROW ACCOUNT BOND ISSUE COSTS RESERVES TOTAL EXPENDITURES RECEIPTS OVER EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 ACTUAL BUDGET -- ----- --- --- --- ---- -- - - -- $6,254,005.25 $6,506,140.00 195,751.80 300,000.00 126,278.50 12,000.00 7,865,000.00 0.00 1,236,307.63 13,000.00 $15,677,343.18 $6,831,140.00 ------- - - - - -- ---- --- --- --- $718,585.68 $722,724.00 333,436.10 328,668.00 781,881.90 503,680.00 231,825.48 207,294.00 919,601.02 1,089,162.00 173,941.58 216,478.00 159,337.25 150,388.00 842,316.58 948,505.00 737,418.43 794,463.00 67,753.53 29,219.00 1,082,870.57 400,000.00 497,826.00 276,326.00 6,816,190.60 0.00 233,590.50 0.00 0.00 4,338,176.00 $13,596,575.22 $10,005,083.00 ------ - - - - - -- ------ - - - - --- $2,080,767.96 ($3,173,943.00) 1,901,544.96 3,173,943.00 ------- - ----- - ------ -- - - -- $3,982,312.92 $0.00 _ ........... = EXHIBIT B (CONT'D) (OVER) UNDER BUDGET $252,134.75 104,248.20 (114,278.50) (7,865,000.00) (1,223,307.63) ($8,846,203.18) $4,138.32 (4,768.10) (278,201.90) (24,531.48) 169,560.98 42,536.42 (8,949.25) 106,188.42 57,044.57 (38,534.53) (682,870.57) (221,500.00) (6,816,190.60) (233,590.50) 4,338,176.00 ($3,591,492.22) ($5,254,710.96) 1,272,398.04 ($3,982,312.92) -48- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) WATER AND SEWER PRINCIPAL AND INTEREST ACCOUNT (NOTE 2) -------------------- ACTUAL - - - --- RECEIPTS: ---- --- - - - - -- INTEREST $20,316.21 ACCRUED INTEREST ON BONDS ISSUED 26,555.75 TRANSFERS IN 842,316.58 TOTAL RECEIPTS $889,188.54 EXPENDITURES: PRINCIPAL INTEREST TRANSFERS OUT TOTAL EXPENDITURES RECEIPTS (UNDER) EXPENDITURES $275,000.00 267,987.50 508,410.55 $1,051,398.05 ($162,209.51) UNENCUMBERED CASH BALANCE, JANUARY 1 522,998.95 UNENCUMBERED CASH BALANCE, DECEMBER 31 $360,789.44 -49- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 WATER AND SEWER BOND RESERVES FUND (NOTE 2 ) -------------------------- RECEIPTS: INTEREST TRANSFERS IN TOTAL RECEIPTS EXPENDITURES: TRANSFERS OUT RECEIPTS OVER (UNDER) EXPENDITURES UNENCUMBERED CASH BALANCE, JANUARY 1 UNENCUMBERED CASH BALANCE, DECEMBER 31 COMPRISED OF: EXTENSION AND BOND RETIREMENT RESERVE 1990 BOND RESERVE DEPRECIATION AND EMERGENCY REPLACEMENT ACTUAL $15,928.07 221,500.00 $237,428.07 725,631.08 ($488,203.01) 2,379,461.21 $1,891,258.20 $979,758.20 786,500.00 125,000.00 $1,891,258.20 EXHIBIT B (CONT'D) -50- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL, YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) CONSTRUCTION FUND (NOTE 2) - ---- ---- ---- ---- ACTUAL --- - --- -- RECEIPTS: ---- -- -- ----- INTERS $46,639.24 MISCELLANEOUS 126,309.68 ACCRUED INTEREST ON 459,523.79 BONDS ISSUED 10,338.21 PROCEEDS FROM BONDS AND $2,587,672.08 TEMPORARY NOTES 2,045,000.00 TOTAL RECEIPTS $2,228,287.13 EXPENDITURES: SUPPLIES $4,000.00 CONTRACTUAL 205,552.40 OTHER SERVICES AND CHARGES 4,256.01 CAPITAL OUTLAY 1,907,885.48 DEBT SERVICE 459,523.79 TRANSFERS OUT 6,454.40 TOTAL EXPENDITURES $2,587,672.08 RECEIPTS (UNDER) EXPENDITURES ($359,384.95) UNENCUMBERED CASH BALANCE, JANUARY 1 (292,960.80) UNENCUMBERED CASH BALANCE, DECEMBER 31 ($652,345.75) -51- CITY OF SALINA STATEMENT OF RECEIPTS, EXPENDITURES, AND CHANGES IN UNENCUMBERED CASH BALANCES -- BUDGET AND ACTUAL YEAR ENDED DECEMBER 31, 1990 EXHIBIT B (CONT'D) COMMUNITY THEATRE FUND (NOTE 2) ACTUAL ----- -------- --- -- -- - - ---- - ----- - - - - - -- RECEIPTS: INTEREST $13,166.10 MISCELLANEOUS 318,661.50 TRANSFERS IN $120,000.00 TOTAL RECEIPTS $451,827.60 EXPENDITURES: CAPITAL OUTLAY $449,190.14 TOTAL EXPENDITURES $449,190.14 RECEIPTS OVER EXPENDITURES $2,637.46 UNENCUMBERED CASH BALANCE, JANUARY 1 0.00 UNENCUMBERED CASH BALANCE, DECEMBER 31 $2,637.46 THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS. -52- CITY OF SALINA Salina, Kansas NOTES TO FINANCIAL STATEMENTS December 31, 1990 1. Summary of Significant Accounting Policies a. Reporting Entity The accompanying financial statements include all funds and account groups ex- cept Saline County -City Building Authority, Salina - Saline County Board of Health, Salina Public Library, Firemen's Relief Association, Salina Arts Commission, Salina Housing Authority, and Salina Airport Authority. Separate financial statements are prepared for each of these entities. b. Basis of Statement Presentation The City maintains its accounting records in accordance with the principles of fund accounting in order to ensure observance of limitations and restrictions placed on the use of resources available. This is the procedure by which re- sources are classified for accounting and reporting into funds established ac- cording to their nature and purposes. The City of Salina maintains its accounting records for all funds on the cash basis, except that expenditures incurred but not paid and purchase commitments at December 31 are recorded as expenditures at that date. This method serves to develop information relative to compliance with the budget, cash basis, and other statutes applicable to municipalities within the State of Kansas. The method is not, however, in accordance with generally accepted accounting principles for municipalities. Generally accepted accounting principles require: a. Revenues of governmental funds to be recorded on the modified accrual basis whereby receivables are recorded for amounts available and measurable, and deferred revenues are recorded for amounts measurable but not available. The City does not record receivables and deferred revenues. b. Expenditures to be recorded generally on the accrual basis. The City records purchase commitments as expenditures at year -end, and any loss from loss contingencies and expense for compensated absences are recorded when such amounts are payable. c. The General Fixed Assets and the General Long -Term Debt Account Groups to be maintained. The City does not maintain these account groups. d. Transfers between funds to be recorded as reductions to fund balance of the fund making the transfers and as additions to fund balance of the fund receiving the transfer. The City records such transfers as expenditures of the fund making the transfer and as receipts of the fund receiving the transfer. -53- e. The annual financial statements to include a combined balance sheet for all fund types and account groups; a combined statement of revenues, expenditures, and changes in fund balance for all governmental fund types and expendable trust funds; a combined statement of revenues, expenses, and changes in retained earnings, and a combined statement of cash flows for all proprietary fund types; and a combined statement of revenues, expenditures, and changes in fund balance and combined comparison with budget for all govern- mental fund types. These required financial statements are not included in this report. The City has, by charter ordinance, elected to exempt itself from the Kansas statutory requirement to maintain fixed asset records, and has requested the Director of Accounts and Reports to waive the requirements of K.S.A. 75 -1120a as related to the preparation of financial statements in conformity with generally accepted accounting principles. 2. Budgetary Information Kansas statutes require that an annual operating budget be legally adopted for the general fund, special revenue funds (unless specifically exempted by sta- tute), 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. C. Public hearing on or before August 15th, but at least ten days after publication of notice of hearing. d. Adoption of the final budget on or before August 25th. The statutes allow for the governing body to increase the originally adopted budget for previously unbudgeted increases in revenue other than ad valorem property taxes. To do this, a notice of public hearing to amend the budget must be published in the local newspaper. At least ten days after publication the hearing may be held and the governing body may amend the budget at that time. The following amendment to the original budget was approved by the governing body: Recreation Fund expenditures of $763,000.00. The statutes permit transferring budgeted amounts between line items within an individual fund. However, such statutes prohibit expenditures in excess of the total amount of the adopted budget of expenditures of individual funds. Budget comparison statements are presented for each fund showing actual receipts and expenditures compared to legally budgeted receipts and expenditures. All legal annual operating budgets are prepared using the method of accounting described in Note 1. Receipts are recognized when cash is received. Expen- ditures include disbursements, accounts payable, and encumbrances. Encumbrances are commitments by the municipality for future payments and are supported by a document evidencing the commitment, such as a purchase order or contract. All unencumbered appropriations (legal budget expenditure authority) lapse at year- end. WME A legal operating budget is not required for 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. Internal Service Funds - These funds are intra - governmental funds whose expenditures are reimbursable by other funds. Trust and Agency Funds - The individual trust and agency funds are not subject to the budget law since the assets do not belong to the City of Salina. 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. Capital Projects Fund - The capital projects funds are not budgeted since provision for payment of expenditure is from the issuance of bonds, temporary notes, and special assessments and charges. Bicentennial Center Event Fund - This fund is used as a clearing account for special events when the City acts as the promoter's agent. The City's rental fees from such events are transferred from the fund to the Bicentennial Center Fund. 3. Cash Kansas municipalities, such as the City of Salina, are authorized by Kansas statutes to invest funds in: (1) Temporary notes or no -fund warrants issued by the investing governmental unit, (2) Time deposit, open accounts or certificates of deposit, (3) Time certificates of deposit, (4) Repurchase agreements, and (5) United States Treasury bills or notes with maturities not exceeding six months. Deposits or investments with qualifying financial institutions are to be secured by a bond or by the pledge of certain types of securities specified by statute. Cash and investments of the City of Salina deposited with financial institutions were 100% insured or collateralized by securities provided by such depository financial institutions at December 31, 1990. Cash and investments were comprised of the following as of December 31, 1990. Petty cash funds $ 4,940.00 Cash in checking and temporarily invested in repurchase agreements 2,809,232.50 Cash in NOW accounts 43,117.03 Certificates of deposit 2,012,408.39 Treasury securities, at cost (Market value, $10,703,344.25) 10.509.724.65 Total $15,379,422.57 -55- 4. Long -Term Obligations a. Changes in Long -Term Debt The following is a summary of bond transactions of the City for the year ended December 31, 1990: Outstanding bonds at January 1, 1990 New bonds issued: 1990 Internal improvement 1990 Water and Sewage revenue Bonds retired Outstanding Bonds at December 31, 1990 General Obligation Revenue Total $11,295,000.00 $6,720,000.00 $18,015,000.00 455,000.00 455,000.00 7,865,000.00 7,865,000.00 1,710,000.00) (6,720,000.00) (8,430,000.00) $10,040,000.00 $7,865,000.00 $17,905,000.00 Outstanding bonds at December 31, 1990, are comprised of the following individual issues: General Obligation Bonds: $8,115,000 General Obligation Refunding Bonds, Series 1985, due in semi - annual installments of $160,000 to $305,000 through April 1, 1996, interest at 8.00% to 9.00 %. $ 2,715,000.00 $1,983,000 General Obligation Internal Improvement Bonds, Series 1986, due in annual installments of $210,000 to $270,000 through December 1, 1996, interest at 5.2% to 5.7 %. 1,450,000.00 $5,000,000 General Obligation Internal Improvement Bonds, Series 1987, due in annual installments of $500,000 through December 1, 1997, interest at 6.10% to 6.65 %. 3,500,000.00 $1,115,000 General Obligation Internal Improvement Bonds, Series 1988, due in annual installments of $90,000 to $125,000 through December 1, 1998, interest at 6.15% to 6.375 %. 865,000.00 $1,175,000 General Obligation Internal Improvement Bonds, Series 1989, due in annual installments of $115,000 to $120,000 through December 1, 1999, interest at 5.800% to 7.875 %. 1,055,000.00 $455,000 General Obligation Internal Improvement Bonds, Series 1990, due in annual installments of $45,000 to $50,000 through December 1, 2000, interest at 5.80% to 7.75 %. 455,000.00 Total $10,040,000.00 -56- Revenue Bonds: $7,865,000 Combined Water and Sewage System Revenue Bonds, Series 1990, due in annual installments of $220,000 to $700,000 through October 1, 2008, interest at 6.0% to 7.1 %. $ 7,865,000.00 The annual requirements to amortize all bonds outstanding as of December 31, 1990, are as follows: Payable in Year Ended General December 31, Obligation Revenue Total Principal 1991 $ 1,630,000.00 $ 220,000.00 $ 1,850,000.00 1992 1,530,000.00 265,000.00 1,795,000.00 1993 1,560,000.00 285,000.00 1,845,000.00 1994 1,475,000.00 300,000.00 1,775,000.00 1995 1,440,000.00 320,000.00 1,760,000.00 Thereafter 2,405,000.00 6,475,000.00 8,880,000.00 Total Principal 10,040,000.00 7,865,000.00 17,905.000.00 Interest 1991 668,305.00 663,893.75 1,332,198.75 1992 557,008.75 517,915.00 1,074,923.75 1993 453,502.50 501,750.00 955,252.50 1994 347,910.50 484,080.00 831,990.50 1995 246,966.00 465,180.00 712,146.00 Thereafter 269,948.50 3,485,265.00 3,755,213.50 Total Interest 2,543,641.25 6,118,083.75 8,661,725.00 Total Principal and Interest $12,583,641.25 $13,983,083.75 $26,566,725.00 The City's share and property owners share of the principal and interest of the general obligation bonds outstanding are $7,405,062.47 and $5,178,578.78, respectively. b. Revenue Bonds The City has established certain reserve accounts pursuant to the bond or- dinance authorizing the issuance of Combined Water and Sewage System Revenue Bonds, Series 1990, 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 gross revenues of the Water and Sewer Department are pledged to secure payment of the bonds; however, the pledge is subordinate to a similar pledge to secure payment of certain defeased bonds. -57- 5 The amounts required to be maintained in the reserve accounts established by the bond ordinance authorizing issuance of the 1990 bonds have been provided and the total revenues of the water and sewerage system appear sufficient to meet the requirements of the ordinance. C. Advance Refunding On July 19, 1990, the City issued $7,865,000.00 of Combined Water and Sewage System Revenue Bonds, Series 1990, and designated $5,655,000 of such bonds as- Combined Water and Sewage System Revenue Refunding Bonds, Series 1990 -A. The net proceeds from the Series 1990 -A Bonds of $5,487,409.50 (after payment of issuance costs of $167,590.50) plus $1,327,462.14 of cash from certain bond reserve accounts were used to purchase U.S. government securities. These securities plus $1,318.96 cash were deposited in irrevocable escrow trusts on July 19, 1990, with an escrow trustee to provide for all future debt service payments on the following then outstanding revenue bonds. Combined Water and Sewage System Refunding Revenue Bonds, Series of 1984 $1,005,000.00 Combined Water and Sewage System Revenue Bonds, Series of 1987 2,505,000.00 Combined Water and Sewage System Revenue Bonds, Series 1988 2,935,000.00 Total Bonds Advance Refunded $6,445,000.00 As a result, the above bonds are considered to be defeased and the liability for these bonds has been removed from the financial statements. The City advance refunded the Series 1984, 1987 and 1988 bonds to reduce its total debt service payments by approximately $100,000 over the remaining term of the bonds and to obtain an economic gain (difference between the present values of the debt service payments on the old and new debt) of approximately $120,000. d. Prior -Year Defeasance of Debt In the current and 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 accounts assets and the liability for the defeased bonds are not included in the City's financial statements. On December 31, 1990, a total of $3,245,000.00 of general obli- gation and $13,097,000.00 of revenue bonds are considered defeased. Temporary Notes The following is a summary of temporary note transactions of the City for the year ended December 31, 1990: Outstanding debt at January 1, 1990 $1,835,000.00 Temporary notes issued 1,590,000.00 Temporary notes paid (395,000.00) Outstanding Debt at December 31, 1990 $3,030,000.00 -58- Outstanding debt at December 31, 1990, is comprised of the following: Total 6. Construction Fund Projects $3,030,000.00 The Construction Fund is used to account for the purchase or construction of capital facilities, equipment, and public improvements. A summary of the fund's unencumbered cash balance (deficit) at December 31, 1990, follows: Cash balance resulting from Capital projects in process ($596,999.30) Special assessments projects (55,346.45) Total ($652,345.75) General funds are being used to temporarily finance the deficit cash balance as of December 31, 1990, in accordance with K.S.A. 10- 1116(a)(2). Construction fund projects cumulative expenditures through December 31, 1990, are compared to project authorizations as follows: Project Project Name Authorization Downtown Redevelopment Interest Broadway Overpass 455,000.00 Street Improvements at Crawford Date Issued Rate Due Date Second Street Drainage Improvements Amount November 1, 1989 6.6% December 31, 1991 $ 480,000.00 November 1, 1989 6.8% December 31, 1991 960,000.00 May 1, 1990 6.6% December 31, 1991 270,000.00 May 1, 1990 6.4% December 31, 1991 720,000.00 October 1, 1990 6.4% December 31, 1992 600,000.00 Total 6. Construction Fund Projects $3,030,000.00 The Construction Fund is used to account for the purchase or construction of capital facilities, equipment, and public improvements. A summary of the fund's unencumbered cash balance (deficit) at December 31, 1990, follows: Cash balance resulting from Capital projects in process ($596,999.30) Special assessments projects (55,346.45) Total ($652,345.75) General funds are being used to temporarily finance the deficit cash balance as of December 31, 1990, in accordance with K.S.A. 10- 1116(a)(2). Construction fund projects cumulative expenditures through December 31, 1990, are compared to project authorizations as follows: Project Project Name Authorization Downtown Redevelopment $6,500,000.00 Broadway Overpass 455,000.00 Street Improvements at Crawford Street and Ninth Street Intersection 836,000.00 Second Street Drainage Improvements 565,000.00 Widening of Crawford Street between Ohio Street and I -135 1,400,000.00 Water and Sanitary Sewer Extensions and Street Improvements (Country Club Estates) 1,525,504.50 Sidewalk Improvements (Project 89 -791) 92,717.42 Schilling Road Interchange Project from I -135 to South Ninth Street 818,000.00 Sidewalk Improvements (Project 90 -808) 88,915.00 Cumulative Expenditures $5,203,762.42 449,240.56 688,444.41 501,103.30 1,109,679.50 1,225,558.56 64,833.00 141,694.24 64,147.50 The City issued a temporary note in the amount of $660,458.00 on February 4, 1991, and $1,300,000.00 principal amount of general obligation internal im- provement bonds on March 5, 1991, to finance the costs of certain of the above projects. -59- 7. Defined Benefit Pension Plan Substantially all full -time employees of the City of Salina participate in the Kansas Public Employees Retirement System (the System), a multiple - 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, 1990. Substantially all general employees of the City of Salina are eligible to par- ticipate in the System after one year of employment. Employees who retire at or after age 65 are entitled to a retirement benefit, payable monthly for life, equal to 1 percent of their final average salary for each year of "prior" service and 1.25 to 1.5 percent for each year of "participating" service depending upon the number of years of service. Final average salary is the employee's average salary over the highest four years of credited service. Benefits fully vest on reaching 10 years of service. Vested employees may retire at age 55 to 65 with 10 years of credited service and receive reduced retirement benefits. The system also provides death and disability benefits. Benefits are established by State statute. Covered general employees are required by State statute to contribute 4% of their salary to the plan; in addition, there are various options available to covered employees, where the employees may make additional contributions. The employer is required by the same statute to contribute the remaining amounts necessary to pay benefits when due. The employer's contribution was 2.6% of covered payroll for 1990. The retirement benefits for participants in KP &F are different from those de- scribed above for other participants in the System. Normal retirement for KP &F participants is at age 55. They can retire at age 50 with 20 years of service, but with reduced benefits. The contribution rate was 3% to 7% for employees and 15% for the employer for 1990. 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 and assess progress made in .I Covered Contributions Payroll Employer Employee Total General employees $4,647,939.92 $120,970.87 $199,913.94 $ 320,884.81 Police and firemen 3,635,640.11 541,996.41 237,165.59 779,162.00 Totals $8,283,580.03 $662,967.28 $437,079.53 $1,100,046.81 The total payroll for the City of Salina was $9,229,213.05 for the year ended December 31, 1990. Substantially all general employees of the City of Salina are eligible to par- ticipate in the System after one year of employment. Employees who retire at or after age 65 are entitled to a retirement benefit, payable monthly for life, equal to 1 percent of their final average salary for each year of "prior" service and 1.25 to 1.5 percent for each year of "participating" service depending upon the number of years of service. Final average salary is the employee's average salary over the highest four years of credited service. Benefits fully vest on reaching 10 years of service. Vested employees may retire at age 55 to 65 with 10 years of credited service and receive reduced retirement benefits. The system also provides death and disability benefits. Benefits are established by State statute. Covered general employees are required by State statute to contribute 4% of their salary to the plan; in addition, there are various options available to covered employees, where the employees may make additional contributions. The employer is required by the same statute to contribute the remaining amounts necessary to pay benefits when due. The employer's contribution was 2.6% of covered payroll for 1990. The retirement benefits for participants in KP &F are different from those de- scribed above for other participants in the System. Normal retirement for KP &F participants is at age 55. They can retire at age 50 with 20 years of service, but with reduced benefits. The contribution rate was 3% to 7% for employees and 15% for the employer for 1990. 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 and assess progress made in .I E accumulating sufficient assets to pay benefits when due. The System does not make separate measurements of assets and pension benefit obligation for individual employers. The pension benefit obligation at January 1, 1990, for the System as a whole, determined through an actuarial valuation performed as of that date, was $3.384 billion. The System's net assets available for benefits on that date were estimated to be $3.458 billion, leaving no unfunded pension benefit obligation. The net assets available for benefits exceeded the pension benefit obligation by $74 million. Other information related to the system can be found in the System's 1990 com- prehensive annual financial report. Compensated Leave All employees of the City, except temporary and part -time employees, may ac- cumulate 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 ac- cumulated. Employees with more than five years of service with the City are paid for one -third of their accumulated sick leave at their current wage scale, upon termination of employment in good standing. All regular employees with at least one year of service are entitled to paid vacation time. Such leave is granted each year of employment and unused leave may accumulate to a maximum of one year's accumulation of vacation leave. Employees are paid for all accumulated vacation leave at their current wage scale upon termination of employment. As of December 31, 1990, the estimated amount of liability for the vested portion of unused sick leave and accumulated vacation leave is $756,734.87 and $449,352.27, respectively. Substantially all the liability is not payable from currently available unencumbered cash and, accordingly, has not been recorded in the accompanying financial statements. Compliance with Kansas Statutes a. A summary of statutory violations related to 1990 follows. (1) Quarterly financial statements of the City were not published on a timely basis for the quarters ended March 31 and June 30, 1990, which appears to be a violation of K.S.A. 12 -1608. Such financial statements were published October 19, 1990. (2) Expenditures of the Recreation fund exceeded budgeted expenditures for the year ended December 31, 1990, by $11,670.61, which appears to be a violation of the Kansas budget law (K.S.A. 79- 2935). (3) The assets pledged by First Bank and Trust Co. to secure cash deposits of the City were not sufficient to meet the requirements of K.S.A. 9 -1402 for the period March 29 to April 1, 1990. -61- b. Financing of Deficit Cash Balance Expenditures of the Central Garage are reimbursable by other funds. Accrued revenues of the fund exceed the unencumbered cash deficit at December 31, 1990; accordingly, such deficit is not a violation of the Kansas cash basis law. C. Kansas Budget Law Expenditures of the Risk Management Fund exceed the budget presented. Such budget is prepared and presented for management purposes and is not a legal operating budget; in addition, fund receipts include $83,187.96 of unbudgeted reimbursements of expenditures. Accordingly, the excess expenditures of the Risk Management Fund is not in violation of the Kansas budget law (K.S.A. 79 -2935) for the year 1990. A portion of the expenditures of the Water and Sewer Fund, for the transfer to an irrevocable refunding escrow trust account and payment of certain bond issuance costs in the total amount of $5,655,000.00, were funded by the is- suance of Combined Water and Sewage System Refunding Revenue Bonds, Series 1990 -A. Accordingly, expenditures of the Water and Sewer Department are not in violation of the Kansas budget law (K.S.A. 79 -2935) for the year 1990. 10. Fund Transfers Certain transfers out to Risk Management Fund are included in various functional line items within the following funds. Employee Benefits $210,750.00 Sanitation 25,210.00 Solid Waste 6,860.00 Golf Course 2,500.00 Water and Sewer 111,527.00 $356,847.00 11. Contingencies Certain claims have been filed against the City alleging violation of the plain- tiffs' civil rights by the City's police department and alleging negligence in the clean -up effort of a chemical spill into the City's sanitary sewer system. All claims are in the process of discovery. The ultimate resolution of these pending claims cannot be presently determined. -62- Supplemental Information CITY OF SALINA COMPOSITION OF ENDING CASH BALANCES DECEMBER 31, 1990 SCHEDULE 1 CASH IN CASH IN CERTIFICATES CASH IN DEPOSITORIES CHECKING NOW ACCOUNTS OF DEPOSIT TOTAL, --- --- -- - -- - -- -- ----- - - - - -- ----- -- --- - -- - --- --- - - -- -- -- --- -- -- ---- NATIONAL BANK OF AMERICA SALINA, KANSAS $10,000.00 $0.00 $2,000,000.00 $2,010,000.00 FIRST NATIONAL BANK AND TRUST SALINA, KANSAS 2,799,232.50 (1) FIRST BANK AND TRUST CO. SALINA, KANSAS 0.00 TOTAL CASH IN DEPOSITORIES $2,809,232.50 U. S. TREASURY SECURITIES PETTY CASH FUNDS TOTAL 5,789.44 12,408.39 2,817,430.33 37,327.59 0.00 37,327.59 $43,117.03 $2,012,408.39 $4,864,757.92 (1) INCLUDES REPURCHASE AGREEMENT BALANCE OF $3,595,000.00. 10,509,724.65 4,940.00 $15,379,422.57 -63- CITY OF SALINA COMPARISON OF GROSS CASH BALANCES WITH DEPOSITORY SECURITY DECEMBER 31, 1990 SCHEDULE 2 -64- FIRST NATIONAL NATIONAL BANK BANK AND FIRST BANK GROSS CASH BALANCES -------------------- - - - - -- OF AMERICA TRUST AND TRUST CO. DEMAND DEPOSITS ------- - - - - -- ----- -- - - - - -- - ------ - - ---- CASH IN CHECKING $3,890.45 --- ---- - - - - -- $142,854.67 --- ---- -- - --- $0.00 - --- --- - --- -- TIME DEPOSITS CASH IN NOW ACCOUNT $0.00 $4,076.63 $37,327.59 CERTIFICATES OF DEPOSIT 2,000,000.00 ------- - - -- -- 12,408.39 ---- --- - -- - -- 0.00 -- ---- - - - - - -- TOTAL TIME DEPOSITS $2,000,000.00 ------- - - - - -- $16,485.02 ------- - - ---- $37,327.59 ---- --- ---- -- TOTALS $2,003,890.45 ------- - -- - -- $159,339.69 ------ - -- - --- $37,327.59 ------- --- - -- LESS FDIC COVERAGE; DEMAND DEOPSITS $3,890.45 $100,000.00 $0.00 TIME DEPOSITS 100,000.00 ------- - - -- 16,485.02 37,327.59 TOTAL FDIC COVERAGE -- $103,890.45 ------- -- - - -- ------- - - - - -- $116,485.02 ------- - - - - -- ------- -- - - -- $37,327.59 ------ - - - - --- BALANCES SECURABLE BY COLLATERAL $1,900,000.00 $42,654.67 $0.00 SECURITY PROVIDED BY DEPOSITORIES 2,104,251.00 ------- - - - - -- 7,642,850.00 ----- -- - -- - -- 514,218.00 ----- -- - -- - -- DEPOSITS AT RISK $0.00 $0.00 $0.00 -64- CITY OF SALINA SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE DECEMBER 31, 1990 SCHEDULE 3 UNENCUMBERED UNENCUMBERED FEDERAL GRANTOR/ FEDERAL CASH BALANCE CASH BALANCE PASS THROUGH GRANTOR/ CFDA JANUARY 1, DECEMBER 31, PROGRAM TITLE NUMBER 1990 RECEIPTS EXPENDITURES 1990 ----- ---- --- -- ----- ---- - -- --- - -- - -- - --- --- - - ---- ---- ---- -- - -- --- --- - -- - --- ------ - - - - - -- U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT: EMERGENCY SHELTER GRANTS PROGRAM (PASSED THROUGH DEPARTMENT OF SOCIAL AND REHABILITATION SERVICES) 14.231 --- $0.00 ---- - -- - -- $2,820.00 - ------ - -- --- $3,373.00 - -- ----- - -- -- --- ($553.00) ---- ------ COMMUNITY DEVELOPMENT BLOCK --- - -- - -- - ----- $264,458.77 --- -- -- $76.09 GRANT /SMALL CITIES PROGRAM (PASSED THROUGH KANSAS DEPARTMENT OF COMMERCE) 14.219 HOUSING, GRANT NO. 88 -HR -027 $0.00 $31,726.00 $31,726.00 $0.00 HOUSING, GRANT NO. 89 -HR -099 ----- 0.00 ----- --- 202,000.00 -- --- -- --- - -- 202,000.00 0.00 -- ---- $0.00 --- - - -- $233,726.00 -- ---- - - - - --- -- ----- -- - --- ---- $233,726.00 ----- -- - - -- -- -- ---- - ---- $0.00 ----- -- - - -- COOPERATIVE AGREEMENT FOR FAIR ASSISTANCE PROGRAM - CONTRACT NO. FF207K897008 (DIRECT ASSISTANCE) $0.00 $27,950.00 $27,320.91 $629.09 -- ---- ---- - -- --- --- -- - - - -- ---- --- - -- - -- -- ---- --- - - -- TOTAL U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT $0.00 $264,496.00 $264,419.91 $76.09 - ------ -- - - -- -- ---- - - - - --- --- ---- -- - --- ----- -- - - ---- U. S. DEPARTMENT OF JUSTICE BUREAU OF JUSTICE ASSISTANCE/ CRIMINAL JUSTICE BLOCK GRANT PROGRAM (PASSED THROUGH KANSAS BUREAU OF INVESTIGATION) 16.573 TOTAL FEDERAL FINANCIAL ASSISTANCE ($2,335.14) --- ---- - - -- -- $2,374.00 - ------ - -- - -- $38.86 - --- $0.00 ($2,335.14) $266,870.00 --- - -- - -- - ----- $264,458.77 --- -- -- $76.09 THE ABOVE INFORMATION DOES NOT INCLUDE $275,000.00 SALES PROCEEDS OF REVEL'S PROPERTY WHICH WAS COLLATERAL FOR A LOAN MADE UNDER U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT BLACK GRANT/ SMALL CITIES PROGRAM - REVELS, GRANT NO. 86 -BF -181. SUCH SALES PROCEEDS WERE APPLIED TD SATISFY THE PRIOR MORTGAGE ON THE PROPERTY, AND TO PAY REAL ESTATE AND PERSONAL PROPERTY TAXES AND OTHER EXPENSES OF THE SALE. -65-