Audit - 1972
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
REPORT ON EXAMINATION
December 31, 1972
WOODS & DURHAM
Certified Public Accountants
Salina, Kansas
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Schedule 1
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Schedule 2
Schedule 3
Schedule 4
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
INDEX
Accountant's Report. . . . . . . . . . . . . . . . .
Receipts, Expenditures and Fund Balance. . . .
Investments.....................
Comparison of Depository Security with
Balances on Deposit. . . . . . . . . . . . . . . .
Treasurer's Fidelity Bond.
. . . . . . .
Page
Number
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2
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WOODS
&
DURHAM
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fJialilia
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60~ W. NORTH STREET
P. O. BOX 1324
TELEPHONE - AREA 913, TAYLOR 5-5494
SALINA, KANSAS, 67401
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September 18, 1973
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Board of Directors
Salina Firemen's Relief Association
Salina, Kansas 67401
Gentlemen:
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We have examined the financial records of the Salina Firemen's
Relief Association, Salina, Kansas, for the year ended December
31, 1972. Our examination was performed in accordance with the
applicable provisions of the Minimum Standard Audit Program for
Municipalities of the State of Kansas, and accordingly included
such tests of the accounting records and such other auditing
procedures as we considereù necessary in the circumstances.
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In our opinion, the accompanying schedules present fairly the
cash position of the Salina Firemen's Relief Association, Salina,
Kansas, at December 31, 1972, and the cash transactions for the
year then ended in conformity with accounting practices generally
followed by municipalities applied on a basis consistent with
that of the preceding year. , J~ ' --.I- /ì, , /,
(Jtf // (/ é/i/'1/P",,/
WOODS DURHAM
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¿) ) dijplt/ d ;¿jJ
Lice~Municipa1 pu~;: Accountant
or Certified Public Accountant in
charge of and actively engaged on
this audit
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
RECEIPTS, EXPENDITURES AND FUND BALANCE
January 1, to December 31, 1972
FUND BALANCE, January 1, 1972
RECEIPTS
Kansas Commissioner of Insurance
Insurance premium refunds
Firemen's Benefit Fund
Interest
Benefits received under insurance policies
Other
EXPENDITURES
Medical and other payments to injured
firemen
Life and disability insurance premiums
Blue Cross - Blue Shield
Death benefits
Other
FUND BALANCE, December 31, 1972
Represented by:
Cash on deposit in The First National Bank
& Trust Company, Salina, Kansas, December
31, 1972
Checking account
Savings account
Certificates of deposit
$ 17,357.73
905. 13
687.06
6,570.59
5,150.10
51. 50
201. 87
5,485.50
15,514.20
5,000.00
276.50
$ 12,046.02
18,199.15
100,000.00
$130.245.17
Schedule 1
$126,001.13
30,722.11
156,723.24
26,478.07
$130.245.17
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
INVESTMENTS
December 31, 1972
Certificates of Deposit
The First National Bank & Trust
Company, Salina, Kansas
Serial
Number
Date of
Issue
5215
6118
4- 1- 70
12-15- 70
Rate
5 3/4%
5 3/4%
Schedule 2
Amount
$ 80,000.00
20,000.00
$100.000.00
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
COMPARISON OF DEPOSITORY SECURITY WITH BALANCES ON DEPOSIT
December 31, 1972 Schedule 3
F.D.I.C. coverage
Security pledged by bank
$ 20,000.00
130,000.00
$150.000.00
Total depository security
Cash balance per Schedule 1
$130.245.17
4.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
TREASURER'S FIDELITY BOND
December 31, 1972
Schedule 4
Treasurer, Salina Firemen's
Relief Association
Date Date of
Effective Expiration Amount
9-10- 72 9-10- 73 $10,000.00
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