Audit - 1967
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
REPORT ON EXAMINATION
December 31, 1967
WOODS & DURHAM
Certified Public Accountants
Salina, Kansas
WOODS
&
DURHAM
~ ,r1fJuUic ~
605 W. NORTH STREET
P. O. BOX 1324
fJJ aIina
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SALINA, KANSAS, 67401
TELEPHONE - AREA 913. TAYLOR 5-5494
September 24, 1968
City Clerk
City of Salina
5th and Ash
Salina, Kansas
67401
Dear Sir:
Enclosed is a copy of our Audit Report on the financial
records of the Salina Firemen's Relief Association,
Salina, Kansas, for the year ended December 31, 1967.
Sincerely yours,
WOODS & DURHAM
W. Rex Woods
WRW: lw
Enc.
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J. E. Travis
T. L. Archbold
Laverne Brockway
Byrl Glendening
Rodney Bachofer
SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
OFFICERS
REPRESENTATIVES
President
Vice-President
Secretary
Treasurer
Lawrence Tinkler
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Exhibit A
I Exhibit B
Exhibit C
I Exhibit D
Exhibit E
I Exhibit F
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
INDEX
Page
Number
Accountant's Report. . . . . . . . . . . . . . . . . . .
Receipts, Expenditures and Fund Balance. . . . . .
Receipts, Expenditures and Cash Balance -
Checking Account. . . . . . . . . .
Receipts, Expenditures and Cash Balance -
Savings Accounts. . . . . . . . . . . . . . . .
Cash in Bank. . . . . . . . . . . . . . . .
Comparison of Depositary Security with
Balances on Deposit. . . . . . . . . . . . . . . . . .
Treasurer's Fidelity Bond. . . . . . . . . . . . . . . .
1
2
......
3
4
5
6
7
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WOODS
&
DURHAM
60S W. NORTH STREET
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P. O. BOX 1324
TELEPHONE - AREA 913, TAYLORS-S494
SALINA, KANSAS, 674°'
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September 19, 1968
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Board of Directors
Salina Firemen's Relief Association
Salina, Kansas 6740l
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 3l, 1967. 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 considered necessary in the circum-
stances.
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In our opinion, the accompanying exhibits present fairly the cash position
of the Salina Firemen's Relief Association, Salina, Kansas, at December 3l,
1967, and the cash transactions for the year then ended.
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Respectfully submitted,
WO~ y )~~ 4/H.¿J
~m.¿jJ;;f:7~~/ ~jt-ð 1~
Certified Public Accountant, Licensed
Municipal 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 3l, 1967
Balances - Januarv 1. 1967
Cash on deposit - The First National Bank and
Trust Company, Salina, Kansas - Checking Account
Cash on deposit - The First National Bank and
Trust Company, Salina, Kansas - Savings Accounts
$ 13,986.39
lOO.205.39
Receipts
Checking account
Savings accounts
$ 11,980.43
4.048.29
Expenditures
Checking account
Savings accounts
$ l4,444.l0
Balance - December 3l. 1967
Represented By:
Cash on deposit - The First National Bank
and Trust Company, Salina, Kansas -
December 3l, 1967
Checking account
Savings accounts
$ 11,522.72
l04.253.68
$115.776.40
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Exhibit A
$114,l91.78
l6.028.72
$130,220.50
l4.444.l0
$115.776.40
2.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
RECEIPTS. EXPENDITURES AND CASH BALANCE - CHECKING ACCOUNT
January 1, to December 3l, 1967
Exhibit B
Balance - January l. 1967
$13,986.39
$11,011.44
824.61
144.38 11 .980.43
$25,966.82
$13,273.92
25.00
125.18
720.00
300.00 14.444.10
$11.522.72
Receipts
Kansas Commissioner of Insurance
Reimbursement of 15% of insurance
premiums paid by firemen
Insurance premium refunds
Total Beginning Balance plus Receipts
Expenditures
Insurance premiums
Treasurer's bond
Accident and sickness claims
Pensions to retired firemen
Audit
Balance - December 31. 1967
Represented By:
Cash on deposit in The First National Bank
and Trust Company, Salina, Kansas -
December 31, 1967
$11.522.72
J.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
RECEIPTS. EXPENDITURES AND CASH BALANCE - SAVINGS ACCOUNTS
January 1, to December 31, 1967
Balance - January 1. 1967
Receipts
Interest on savings accounts
Total Beginning Balance plus Receipts
Expenditures
Balance - December 31. 1967
Represented By:
Cash on deposit in The First
and Trust Company, Salina,
December 31, 1967:
Fund 1/= 1
Fund 1/= 2
Fund 1/= 3
Fund 1/= 4
Fund 11= 5
Fund 11= 6
Fund 1/= 7
Fund 1/= 8
Fund 1/= 9
Fund 11=10
National Bank
Kansas -
$ 10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10.617.68
$104.253.68
Exhibit C
$100,205.39
4.048.29
$104,253.68
$104.253.68
L. 0
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
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CASH IN BANK
December 31, 1967
Exhibit D
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Balance per bank statement - The First National Bank
and Trust Company, Salina, Kansas, Checking account -
December 31, 1967
$11,522.72
Deduct - Outstanding checks
Balance per books - December 31. 1967
$11. 522.72
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5.
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Checking account
Trust Company,
Savings accounts
Trust Company,
Fund 11= 1
Fund 11= 2
Fund 11= 3
Fund 11= 4
Fund 11= 5
Fund 11= 6
Fund 11= 7
Fund 1/= 8
Fund 1/= 9
Fund 11=10
SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
COMPARISON OF DEPOSITARY SECURITY WITH BALANCES ON DEPOSIT
December 3l, 1967
- The First National Bank and
Salina, Kansas
- The First National Bank and
Salina, Kansas
$lO,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10,404.00
10.617 .68
Total on Deposit at December 31. 1967
Deduct - Portion guaranteed by F.D.I.C.
Balance to be Secured by Other Collateral
Portion Required to be Secured - 70%
Security Pledged by Bank
Exhibit E
$ 11,522.72
104.253.68
$115,776.40
15.000.00
$100.776.40
$ 70.543.48
$110.000.00
\.. "
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
TREASURER'S FIDELITY BOND
December 31, 1967
Exhibit F
Treasurer, Salina Firemen's
Relief Association
Date Date of
E ffecti ve Expiration Amount
9-10-67 9-10-68 $10,000.00
t,