Audit - 1999
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SALINE COUNTY -CITY BUILDING AUTHORITY
Salina, Kansas
FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT
December 31, 1999
HARRISON & ARNETT, CHARTERED
Certified Public Accountants
Salina, Kansas
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
MEMBERS
(1) Mr. Michael White
(1) Mr. Deane Allen
(1) Mr. Doug Forsberg
(2) Mr. Alan Jilka
(2) Mr. Larry Mathews
(3) Mr. Douglas Smith
(4) Mrs. Jean McArthur
OFFICERS
Mr. Douglas Smith
Mr. Michael White
Ms. Sherri Barragree
Mr. Larry Mathews
Chairman
Vice-Chairman
Secretary
Treasurer
Representative fÌ"om:
(1) Board of County Commissioners
(2) Board of Commissioners of the City of Salina, Kansas
(3) District Court Representative
(4) Member at Large
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
CONTENTS
INDEPENDENT AUDITORS' REPORT
COMP ARA TIVE BALANCE SHEETS
COMP ARA TIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
COMPARATIVE STATEMENTS OF CASH FLOWS (DIRECT METHOD)
and
RECONCILIATION OF OPERATING GAIN TO NET CASH
FLOWS FROM OPERATING ACTIVITIES
NOTES TO FINANCIAL STATEMENTS
Page
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HARRISON & ARNETT
CHARTERED
CERTIFIED PUBLIC ACCOUNTANTS
EUGENE O. HARRISON, C.P.A.
THOMAS G. ARNETT, C.PA
717 ROACH STREET. SAUNA, KANSAS 67401
PHONE: (785) 827-7244
FAX: (785) 827-0048
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INDEPENDENT AUDITORS' REPORT
To the Governing Board
Saline County-City Building Authority
Salina, Kansas
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We have audited the accompanying general purpose financial statements of the Saline County-City
Building Authority, Salina, Kansas, as of December 31,1999, and December 31, 1998, and for the years
then ended as listed in the table of contents. These general purpose financial statements are the
responsibility of the Building Authority's management. Our responsibility is to express an opinion on
these general purpose financial statements based on our audits.
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We conducted our audits in accordance with generally accepted auditing standards and the Kansas
Municipal Audit Guide. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the general purpose financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the general
purpose financial statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall general purpose financial
statement presentation. We believe that our audits provide a reasonable basis for our opinion.
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In our opinion, the general purpose financial statements referred to above present fairly, in all material
respects, the financial position of the Saline County-City Building Authority as of December 31, 1999,
and December 31, 1998, and the results of its operations and changes in its retained earnings for the years
then ended in conformity with generally accepted accounting principles.
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Salina, Kansas
February 18,2000
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MEMBERS OF
DIVISION FOR CPA FIRMS PRIVATE COMPANIES PRACTICE SECTION
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
KANSAS SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
COMP ARA TIVE BALANCE SHEETS
December 31
l2.2.2 .1.22.8.
ASSETS
CURRENT ASSETS
Cash in bank
Account receivable
$ 355,471
900
$ 308,842
Total current assets
356,371
308,842
NET INVESTMENT IN FIXED ASSETS
1,810,454
1.692.325
TOTAL ASSETS
$ 2.166.825
$ 2.001.167
LIABILITIES AND EQUITY
CURRENT LIAB ILITIES
Accounts payable
Accounts payable, fixed assets
Accrued leaves and vacation pay
Current portion long-term lease payable
Total current liabilities
$ 34,827 $ 16,435
20,740
42,361 42,843
34.693 35.597
132,621 94,875
116.048 148.345
248,669 243,220
LONG-TERM LEASE PAYABLE NET
TOTAL LIABILITIES
EQUITY
Retained earnings
1.918,156
1.757.947
TOTAL LIABILITIES AND EQUITY
$ 2,166,825
$ 2,00 1,167
The accompanying notes are an integral part of these financial statements.
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
COMP ARA TIVE STATEMENTS OF REVENUES, EXPENSES AND CHANGES
IN RETAINED EARNINGS
January 1 to December 31
l2.2.2 .1.22.8.
OPERATING REVENUES
Regular appropriations
Maintenance charges
Snack bar commissions
Miscellaneous
$ 642,288
9,757
3,017
13.870
$ 585,963
9,686
3,265
7.833
Total operating revenues
668,932
606.747
OPERATING EXPENSES
Salaries, payroll taxes and benefits
Maintenance & repairs
Utilities
Insurance
Other expenses
281,062 279,505
64,816 57,449
79,878 86,731
19,882 11,766
6.697 6,4 70
452.335 441,921
216,597 164,826
58.424 55,765
158,173 109,061
Total operating expenses
OPERATING INCOME BEFORE DEPRECIATION
DEPRECIATION EXPENSE
NET OPERATING GAIN
NON-OPERATING EXPENSES
Interest net
RETAINED EARNINGS, January 1
2.036 (1.372)
160,209 107,689
1,757.947 1.650.258
$1,918,156 $1,757,947
NET INCOME
RETAINED EARNINGS, December 31
The accompanying notes are an integral part of these financial statements.
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
COMPARATIVE STATEMENTS OF CASH FLOWS (DIRECT METHOD)
January 1 to December 31
l2.2.2 .1.22.8.
CASH FLOWS FROM OPERATING ACTIVITIES
Cash received ftom operating revenue
Cash paid to or for employees for services
Cash paid to suppliers for goods and services
Net cash provided (used) in operating activities
$ 668,032
(281,544 )
(152,881 )
233,607
$ 606,747
(259,625)
(165,477)
181,645
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Purchase of property and equipment
Interest paid on debt
Principal payment on debt
Net cash provided (used) ftom capital and related
financing activities
(155,813) (92,938)
(8,800) (12,257)
(33,201) (33,562)
(197,814) (138,757)
10,836 10,884
46,629 53,772
308,842 255,070
$ 355,471 $ 308,842
CASH FLOWS FROM INVESTING ACTIVITES
Net interest received
INCREASE (DECREASE) IN CASH
CASH BALANCE - January 1
CASH BALANCE - December 31
RECONCILIATION
OPERATING GAIN
$ 158,173 $ 109,061
58,424 55,765
(900)
18,392 (3,061)
( 482) 19,880
$ 233,607 $ 181,645
ADJUSTMENT RECONCILING OPERATIONS GAIN
Add depreciation expense
CHANGE IN LIABILITIES
Decrease (increase) in accounts receivable
Increase (decrease) in accounts payable
Increase (decrease) in accrued vacations
NET CASH PROVIDED BY OPERATING ACTIVITIES
The accompanying notes are an integral part of these financial statements.
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 1999 and 1998
NOTE 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES
A. ORGANIZATION - The Saline County-City Building authority was formed on March 22,
1965, and the organizing agreement restated in January 16, 1996, under the Interlocal
Cooperation Act of Kansas (K.S.A. 12-2901 to 12-2907). The Building Authority is a joint
venture organized by the three participating municipalities for the purpose of acquiring facilities
to house and accommodate the county, city, the county and city courts, and such other offices as
may be expedient, and to equip, operate, and maintain the facility so acquired.
The Governing Board of the Building Authority is composed of seven members, six of whom are
appointed ftom the governing boards of the participating municipalities in the ratios listed below,
and one of whom is selected at large by the six members.
Name of Agencv
Number of
Members on
Authoritv Board
Saline County
City of Salina
District Court
Member at large
3
2
1
1
Total
7
B. BASIS OF ACCOUNTING - The Authority consists of an enterprise fund. Enterprise funds
are classified as proprietary funds by the GASB and are accounted for using a total economic
resource measurement focus. The enterprise fund is used to account for operations that are
financed and operated in a manner similar to private business enterprises. The intent of the
Board is that the cost of providing services on a continuing basis be recovered through user fees
and rents. The financial statements are prepared on the accrual basis of accounting. Under the
accrual basis, revenues are recognized as earned and expenses as incurred. It is the Authority's
policy to follow all F ASB standards issued after November 30, 1989 for its proprietary activities
unless those new F ASB pronouncements conflict with GASB guidance.
C. CASH AND CASH EQUIVALENTS - For the purpose of the comparative statement of cash
flows, the Authority considers all highly liquid investments (including restricted assets) with
maturities of three months or less when purchased to be cash equivalents.
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D. PROPERTY AND EQUIPMENT - Additions to property and equipment are recorded at
cost. Maintenance and repairs are expensed as incurred. When properties are disposed of, the
related cost and accumulated depreciation are removed ttom the respective accounts and any gain
or loss on disposition is credited or charged to operations.
Assets are depreciated using the straight-line method over the estimated useful lives of the assets
as follows:
Buildings and Improvements
InttastructureItems
Equipment
Years
5-50
10-40
5-25
In accordance with Financial Accounting Standard Board Statement No. 62, interest during
construction periods, when significant, is capitalized and included in the cost of property.
E. INVENTORY - The Authority maintains no significant inventory of office and maintenance
supplies. These items are expensed as purchased and no inventory is recorded in these financial
statements.
F. TAXES - The Authority is exempt ttom payment of federal and state income, property and
certain other taxes.
G. BUDGET LAW COMPLIANCE - The Saline County-City Building Authority does not have
tax levying powers and is not required to publish a budget. A budget is adopted annually by the
Governing Board for the purpose of determining appropriations required ttom participating
municipalities to cover net operating and maintenance costs of the building. These
appropriations are borne by the participating municipalities.
H. COMPLIANCE WITH KANSAS STATUTES - In management's opinion, there were no
statutory violations.
NOTE 2. DEPOSITS AND INVESTMENTS
At December 31, 1999 and 1998, respectively, the bank balances of the Authority were $360,157
and $318,835. Of the bank balances, $100,000 and $100,000 were covered by FDIC insurance at
December 31, 1999 and 1998, respectively, and the remaining balances were collateralized by
pledged securities held under joint custody agreements with a third-party bank in the Authority's
name. The third-party bank holding the pledged securities is independent of the pledging bank.
Building Authority money on deposit is categorized into one of three risk categories to give an
indication of the level of risk assumed by the Authority at year-end. Category 1 includes deposits
insured or collateralized with securities held by the Building Authority or by its agent in the
Authority's name. Category 2 includes deposits collateralized with securities held by the
pledging financial institution's trust department or agent in the Authority's name. Category 3
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includes deposits that are uncollateralized, including any deposits that are collateralized with
securities held by the pledging financial institution, or by its trust department or agent, but not in
the Authority's name. All deposits of the Authority in excess of FDIC coverage are Risk
Category 2.
Kansas statutes authorize the Building Authority to invest in u.S. Treasury bills and notes,
repurchase agreements, and the State Treasurer's investment pool. The Building Authority had
no such investments during the year ended December 31, 1999 or December 31, 1998.
NOTE 3. DEFINED BENEFIT PENSION PLAN
The non-school municipality participates in the Kansas Public Employees Retirement System
(KPERS), a cost-sharing multiple-employer defined benefit pension plan as provided by K.S.A.
74-4901, et seq. KPERS provides retirement benefits, life insurance, disability income benefits,
and death benefits. Kansas law establishes and amends benefit provisions. KPERS issues a
publicly available financial statements and required supplementary information. That report
may be obtained by writing to: KPERS (400 SW 8th Avenue, Suite 200; Topeka, KS 66603-
3925) or by calling 1-800-228-0366.
K.S.A 74-4919 establishes the KPERS member-employee contribution rate at 4% of covered
salary. The employer collects and remits member-employee contributions according to the
provisions of section 414(h) of the Internal Revenue Code. State law provides that the employer
contribution rate be determined annually based on the results of an annual actuarial valuation.
KPERS is funded on an actuarial reserve basis. State law sets a limitation on annual increases in
the contribution rates for KPERS employers. The employer rate established by statute for
calendar year 1999 is 2.93%. The non-school municipality employer contributions to KPERS
for the years ending December 31, 1999 and 1998 were $6,787 and $6,089, respectively, equal
to the statutory required contributions for each year.
NOTE 4. COMPENSATED ABSENCES
The Building Authority compensates employees for the following types of absences at their
current rate of pay.
a. Vacation: Full-time employees earn ttom 12 to 21 days of vacation pay per year based on
the number of years of continuous service. Vacation pay may accumulate ttom a minimum
of 18 days to a maximum of 24 days depending upon the employee's number of years of
continuous service. Upon termination, an employee is entitled to a lump sum payment for
all accumulated vacation earned.
b. Sick Leave: Full-time employees earn one day of sick leave for each month of full-time
service to be used for illness or death in the family. Accumulation is unlimited. Upon
termination due to retirement, an employee is entitled to a lump sum payment for one-half
of all accumulated sick leave not to exceed 90 days. Upon termination for any other reason
except dismissal for cause, an employee with at least five continuous years of service is
entitled to a lump sum payment for one-half of all accumulated sick leave, not to exceed 30
days.
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c. Personal Leave: One day of personal leave is granted to each full-time employee annually.
There is no accumulation of personal leave beyond the year it is allowed.
NOTE 5. LONG TERM DEBT
The following summarizes the lease obligation included in the long-term account group.
Debt Issue
Date
Issued
Maturity
Date
Original
Amount
Interest
Rate
Equipment Lease Purchase Agreement
9/1/95
9/1/03
$291,629
5.9%
The lease purchase agreement was entered into for the purpose of financing a contract for
services in connection with upgrading the heating and cooling system in the building.
Annual debt service requirements to maturity for the equipment lease purchase agreement
follow:
Year Principal Due Interest Due
2000 34,693 7,308
2001 40,043 5,776
2002 42,471 3,348
2003 33.534 830
Totals $ 150,741 $ 17,262
Total Due
42,001
45,819
45,819
34.364
$168,003
NOTE 6. GENERAL FIXED ASSET GROUP
The following summarizes the changes in the general fixed asset group of accounts for the
year ended December 31, 1999.
Beginning Ending
Balance Additions Dispositions Balance
Land $ 220,228 $ $ $ 220,228
Building & Improvements 2,649,792 128,927 2,778,719
Equipment 110,673 34,325 (477) 144,521
Parking Lot 61.655 13.301 74.956
Total 3,042,348 176,553 (477) 3,218,424
Accumulated depreciation 0.350.023) (58.424) 477 (1.407.970)
Net Investment in
Fixed Assets $1,692,325 $ 118,129 $ $1,810,454
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'" SBE ~N~TY~LDII"~ /"\u I nu~11 T 02/15/2000 3:01 PM
Book Depreciation Page 1
FYE: 12/31/1999
Date Book Book Book Book - Deprec Book End Book Net
Asset Property Description Acquired Method Period Cost * Deduction Deprec Book Value
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Location: BUILDINGS. LAND AND LOT
Group: BUILDING
115 BUll..DINGS 7/01/67 SIL 60.0 2,371,947.00 39,532.45 1,284,804.63 1,087,142.37
116 WINDOW SUNSCREENS 7/01/87 SIL 10.0 10,064.00 0.00 10,064.00 0.00
117 WINDOW SUNSCREENS 7/01/88 SIL 40.0 13,378.00 334.45 3,846.18 9,531.82
118 ELEVATOR DOOR 7/01/89 SIL 40.0 3,250.00 81.25 853.13 2,396.87
119 RESTROOM AND SHOWER FACILITY 7/01/90 SIL 40.0 2,869.00 71.73 681.44 2,187.56
120 FOUNTAIN RENOV A nON 7/01/88 SIL 40.0 11,197.00 279.93 3,219.20 7,977.80
121 STORM WARNING SYSTEM 7/01/95 SIL 40.0 7,850.00 196.25 883.13 6,966.87
122 STORM WINDOWS 7/01/95 SIL 40.0 16,439.00 410.98 1,849.41 14,589.59
123 BRIDGE SAFETY RAIL 7/01/95 S/L 40.0 3,383.00 84.58 380.61 3,002.39
124 ISOLA nON VAL VE 7/01/95 SIL 40.0 5,887.00 147.18 662.31 5,224.69
125 LIGHTING PROÆCT 7/01196 S/L 40.0 39,883.00 997.08 3,489.78 36,393.22
126 THERMAL AND SAFETY GLASS 7/01/97 srL 40.0 23,845.00 596.13 1,490.32 22,354.68
127 FLUSH VALVES & PLUMBING 7/01/97 SIL 20.0 10,275.00 513.75 1,284.38 8,990.62
128 SNACK BAR REMODELING 7/01/97 SIL 40.0 8,800.20 220.01 550.02 8,250.18
129 DOOR CLOSURES & PANIC BARS 7/01/97 SIL 40.0 3,000.00 75.00 187.50 2,812.50
130 STORAGE BUll..DING 7/01/97 SIL 40.0 2,279.00 56.98 142.45 2,136.55
131 STAIR RAILS 7/01/98 SIL 40.0 936.00 23.40 35.10 900.90
132 THERMAL WINDOWS 7/01/98 SIL 40.0 3,414.64 85.37 128.05 3,286.59
133 STORAGE BUll..DING & REMODELING 7/01/98 SIL 40.0 49,285.00 1,232.13 1,848.19 47,436.81
134 SECURITY -SAFETY-CONTROLS 7/01/98 SIL 20.0 3,282.58 164.13 246.19 3,036.39
135 PUMPS & PIT CONTROLS 7/01/98 SIL 30.0 3,062.00 1O2.Q7 153.10 2,908.90
136 IRRIGATION WELLS 7/01/98 SIL 40.0 9,009.42 225.24 337.86 8,671.56
137 CONCRETE WORK & REPAIRS 7/01/98 SIL 40.0 16,154.00 403.85 605.78 15,548.22
143 STEAM HUMIDIFŒR 2/28/99 SIL 40.0 9,893.00 206.10 206.10 9,686.90
144 WINDOWS 8/19/99 SIL 40.0 115,000.00 958.33 958.33 114,041.67
145 PARKING LIGHTS 4/30/99 SIL 20.0 2,430.00 81.00 81.00 2.349.00
146 SMOKE DECTECTORS 10/31/99 SIL 10.0 1,604.90 26.75 26.75 1,578.15
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BUILDING 2,7,48,417.74 47,106.12 1,319,014.94 1,429.402.80
Group: EQUIPMENT 7/01/96 SIL 10.0 10,516.00 1,051.60 3,680.60 6,835.40
91 SMOKE DETECTORS
93 WATER COOLER 7/01/96 S/L 10.0 3,445.00 344.50 1,205.75 2.239.25
95 PUMP REPLACEMENT LIFT PUMP 7/01/96 SIt 10.0 5,410.00 541.00 1,893.50 3.516.50
97 TRANSFORMER IN UASEMENT 7/01/96 S/L 10.0 1,945.00 194.50 680.75 1.264.25
98 CONCRETE WORK 7/01/96 SIL 10.0 2,388.00 238.80 835.80 1,552.20
100 TRANSFORMERS 7/01/97 SIL 10.0 2,125.00 212.50 531.25 1.593.75
103 POWER FACTOR CAPACITORS 7/01/97 SIL 10.0 4,473.49 447.35 1,118.37 3,355.12
147 PANIC ALARM 11/30/99 SIL 10.0 22,500.00 187.50 187.50 22,31250
148 AIR INTAKE 11/30/99 SIL 40.0 9,601.00 20.00 20.00 9,581.00
EQUIPMENT 62,403.49 3,237.75 10,15352 52.249.97
Group: LAND 7/01/67 Land 0.0 200,228.00 0.00 1).1)0 200.228.()1)
141 LAND,
142 LOT FOR STORA(ìE I3UILDING 7/01/97 Land 00 20,000.00 001) 1).00 20.01)0 00
RITY
Book Depreciation
FYE: 12/31/1999
Date Book Book Book Book - Deprec Book End Book Net
Asset Property Description Acquired Method Period Cost .: Deduction ~rec Book Value
Location: BUILDINGS, LAND AND LOT I Group: LAND (continued)
LAND 220,228.00 0.00 0.00 220,228.00
Group: PARKING LOT
138 PARKING LOT 12/20/93 SIL 40.0 40,000.00 1,000.00 6,000.00 34,000.00
139 PARKING LOT SEAL 7/01/97 SIL 20.0 10,000.00 500.00 1,250.00 8,750.00
140 PARKING 7/01/97 SIL 40.0 11,655.00 291.38 728.45 10,926.55
155 CONCRETE IMPROVEMENTS 9/15/99 SIL 40.0 13,301.00 110.84 110.84 13,190.16
PARKING LOT 74,956.00 1,902.22 8,089.29 66,866.71
BUILDINGS, LAND AND LOT 3,106,005.23 52,246.09 1,337,257.75 1,768,747.48
Location: FLOOR MACHINES
Group: EQUIPMENT
20 NOBLE 20" 2000 BURNISHER 7/01/95 SIL 10.0 1,593.75 159.38 717.21 876.54
21 CLARKE 15oO BURNISHER 7/01/91 SIt 10.0 1,042.50 104.25 886.13 156.37
22 VICTOR 2000 BURNISHER 7/01/96 SI1.. 10.0 1,499.00 149.90 524.65 974.35
23 HILD 13" FLOOR BUFFER 7/01/87 SIL 10.0 200.00 0.00 200.00 0.00
24 DART 19" FLOOR BUFFER 7/01/87 SIL 10.0 200.00 0.00 200.00 0.00
25 CLARKE 17" FLOOR BUFFER 7/01/87 SIL 10.0 500.00 0.00 500.00 0.00
26 CLARKE 2000 FLOOR BUFFER 7/01/87 SIL 10.0 1,300.00 0.00 1,300.00 0.00
27 CLARKE 2300 FLOOR BUFFER 7/01/87 S;1.. 10.0 1,400.00 0.00 1,400.00 0.00
28 CLARKE 2300 FLOOR BUFFER 7/01/87 S/L 10.0 1,400.00 0.00 1,400.00 0.00
108 NOBLE SS2001 SPEED SCRUB 11/15/98 SIL 10.0 3,300.00 330.00 385.00 2,915.00
EQUIPMENT 12,435.25 743.53 7,512.99 4,922.26
FLOOR MACHINES 12,435.25 743.53 7,512.99 4,922.26
. ~----
Location: LADDERS
Group: EQUIPMENT
4 LADDER-FOLDING/SCAFFOLD 12' 7/01/87 S/L 10.0 120.00 0.00 120.00 0.00
5 LADDER-WERNER FIBERGLASS STEP 12' 7/01/87 S'L 10.0 240.00 0.00 240.00 0.00
6 LADDER-WERNER FIBERGLASS STEP 4' 7/01/87 S;L 10.0 68.00 0.00 68.00 0.00
7 LADDER-LOUISVILLE FIBERGLASS STEP 7/01/87 SIL 10.0 110.00 0.00 11000 0.00
8 (2)LADDER-LOUlSVILLE FIBERGLASS STE 7/01/87 SIL 100 156.00 0.00 156.00 0.00
9 LADDER-LOUlSVILLE FIBERGLASS STEP 7/01/87 SIL 100 68.00 0.00 68.00 0.00
1O (3)LADDER-ALUMINUM STEP 6' 7/01/87 SIL 10.0 135:00 0.00 135.00 0.00
II LADDER-ALUMINUM STEP 8' 7/01/87 SIL 100 65.00 0.00 65.00 0.00
12 (2)LADDER-ALUMINUM STEP 2' 7/01/87 SIL 100 20.00 0.00 20.00 0.00
13 (2)LADDER-ALUMINUM EXTENTION 7/01/87 S/t 10.0 140.00 0.00 140.00 0.00
EQUIPMENT 1,122.00 000 1,12200 000
LADDERS 1,122.00 0.00 1,12200 0.00
02/15/20[
3:01 PM
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772 SALINE COUNTY CITY BUILDING AUTHORITY 02/15/2000 3:01 PM
Book Depreciation Page 3
FYE: 12/31/1999
Date Book Book Book Book - Deprec Book End Book Net
Asset Property Description Acquired Method Period Cost . Deduction Deprec Book Value
-
Lucation: LAWN EQUIPMENT
Group: EQUIPMENT 7/01/96 S/L 10.0 150.00 15.00 52.50
43 HUSKIE 25 GAL SPRAYER 97.50
44 TANAKA EDGER TLE 550 7/01/87 S/L 10.0 429.00 0.00 429.00 0.00
45 TANAKA HEDGE TRIMMER THT 200 7/01/87 S/L 10.0 250.00 0.00 250.00 0.00
46 HOMELITE 360 CHAINSA W 7/01/87 S/L 10.0 300.00 0.00 300.00 0.00
47 HOMELITE XL CHAINSAW 7/01/87 S/L 10.0 140.00 0.00 140.00 0.00
51 MTD CHIPPER/SHREDDER 5HP 7/01/87 S/L 10.0 399.00 0.00 399.00 0.00
52 STIHL WEEDWIDP FS74 7/01/87 S/L 10.0 240.00 0.00 240.00 0.00
53 FRONTMOUNT CTL AERATOR 7/01/87 S/L 10.0 945.00 0.00 945.00 0.00
54 LAWNBOY 21" MOWER 7/01/87 S/L 10.0 280.00 0.00 280.00 0.00
56 SPREADER BROADCAST EARTHWA Y 7/01/87 S/L 10.0 155.00 0.00 155.00 0.00
57 AGRI-FAB BROADCAST SPREADER 100 7/01/96 S/L 10.0 150.00 15.00 52.50 97.50
58 ROYBI41OR TILLER 9/01/96 S/L 10.0 90.00 9.00 30.00 60.00
59 YARD CART TOWN/COUNTRY 7/01/87 S/L 10.0 50.00 0.00 50.00 0.00
60 JOHN DEERE 932 FRONTMOWER AND AC 4/15/94 S/L 10.0 17,470.00 0.00 17,470.00 0.00
61 TORO S-200 SNOWBLOWER 7/01/87 S/L 10.0 230.00 0.00 230.00 0.00
62 TORO SNOWBLOWER CCR2000 7/01/87 S/L 10.0 559.95 0.00 559.95 0.00
63 GILSON SNOWBLOWER ST422 7/01/87 S/L 10.0 450.00 0.00 450.00 0.00
64 1988 CHEVY SolO TRUCK AND SNOWBLA 7/01/88 S/L 10.0 12,017.00 0.00 12,017.00 0.00
99 TWO ENGINES 7/01/97 S/L 10.0 18,646.00 1,864.60 4,661.50 13,984.50
106 STIHL BG-75 BLOWER 7/15/98 S/L 10.0 152.95 15.30 22.95 130.00
114 STIHLCHAINSAW 9/29/97 S/L 10.0 220.00 22.00 44.00 176.00
149 TRAILER 2/28/99 S/L 10.0 379.99 31.67 31.67 348.32
150 LA WNBOY MOWER 12/30/99 S/L 5.0 409.00 0.00 0.00 409.00
151 StTIHL BLOWER 12/30/99 S/L 5.0 169.00 0.00 0.00 169.00
EQUIPMENT 54,281.89 1,972.57 38,810.07 15,471.82
LAWN EQUIPMENT 54,281.89 1,972.57 38,810.07 15,471.82
Lucation: OFFICE I
Group: EQUIPMENT 7/01/87 S/L 10.0 153.00
14 PANSONIC ANSWERING MACHINE 0.00 153.00 0.00
15 ADDLER-ROY AL ADDING MACHINE 7/01/87 S/L 10.0 40.00 0.00 40.00 0.00
16 COMPUTER DESK 7/01/87 S/L 10.0 85.00 0.00 85.00 0.00
17 IBM 486 COMPUTER, MONITOR AND BAT 7/01/87 S/L 10.0 3,023.00 0.00 3,023.00 0.00
18 EPSON LX300 PRINTER 7/01/87 S/L 10.0 200.00 0.00 200.00 0.00
10 I PAYROLL AND ACCOUNTING SYSTEM 7/01/97 S/L 10.0 2,715.27 27\.53 678.82 2,036.45
152 HP 722 C PRINTER 2/28/99 S/L 5.0 279.99 46.67 46.67 233.32
EQUIPMENT 6,496.26 318.20 4,226.49 2,269.77
OFFICE 6,496.26 318.20 4,226.49 2,269.77
Lucation: SECURITY CAMERA
Group: EQUIPMENT 7/01/94 S/L 10.0 14,421.00 1,442.10 7,93\.55 6,489.45
I SECURITY SYSTEM
:2 DIGITAL MUL II PLEXER 7/01/96 Sf I. 10.0 2,119.00 211.90 741.65 1,377.35
BUILDING AUTHORITY
Book Depreciation
FYE: 12/31/1999
Date Book Book Book Book - Deprec Book End Book Net
Asset Property Description Acquired Method Period Cost * Deduction Deprec Book Value
-
Location: SECURITY CAMERA I Group: EQUIPMENT (continued)
3 MONITOR, RECORDER AND CAMERAS 7/01/96 S/L 10.0 9,180.23 918.02 3,213.07 5,967.16
110 (4)TOSillBA CAMERAS & LENS 5/18/98 S/L 10.0 2,470.00 247.00 391.08 2,078.92
153 2 MOTOROLA REDIOS 2/28/99 S/L 5.0 198.00 33.00 33.00 165.00
154 RADIO PROGRAMER 12/31/99 S/L 5.0 787.00 0.00 0.00 787.00
EQUIPMENT 29,175.23 2,852.02 12,310.35 16,864.88
SECURITY CAMERA 29,175.23 2,852.02 12,3JO.35 16,864.88
Location: SHOP TOOLS
Group: EQUIPMENT
65 GRACO POWER PAINT ROLLER 7/01/87 S/L 10.0 450.00 0.00 450.00 0.00
66 FLOOR JACK 2 1/4 TON 7/01/87 S/L 10.0 109.50 0.00 JO9.50 0.00
67 (2) MAKITA CORDLESS DRILL SETS 7/01/96 S/L 10.0 313.96 31.40 JO9.90 204.06
68 MAKITA RECIPO SAW 7/01/87 S/L 10.0 120.00 0.00 120.00 0.00
69 MAKITA DISC SANDER 7/01/87 S/L 10.0 ))9.65 0.00 )) 9 .65 0.00
70 MILWUAKEE HAMMER DRILL 7/0J/87 S/L 10.0 145.50 0.00 145.50 0.00
71 MILWUAKEE J/2" DRILL 7/0J/87 S/L 10.0 137.37 0.00 137.37 0.00
72 MILWUAKEE SANDER 7/0J/87 S/L 10.0 134.00 0.00 134.00 0.00
73 SKIL PRESSURE WASHER 7/0J/87 S/L 10.0 495.70 0.00 495.70 0.00
74 SKIL llG SAW/SCROLL 7/0J/87 S/L 10.0 44.00 0.00 44.00 0.00
75 SKIL 3" BELT SANDER 7/0J/87 S/L 10.0 80.00 0.00 80.00 0.00
76 SKIL CIRCULAR SAW 7/0J/87 S/L JO.O 50.00 0.00 50.00 0.00
77 (2)WISSOTA STONE GRINDER 7/0J/87 S/L JO.O 250.00 0.00 250.00 0.00
78 DYRACRAFf DRILL PRESS BENCH 7/0J/87 S/L 10.0 75.00 0.00 75.00 0.00
79 DELTA DRILL PRESS FLOOR 7/0J/87 S/L 10.0 325.00 0.00 325.00 0.00
80 WARD AIR COMPRESSOR 7/0J/87 S/L 10.0 225.00 0.00 225.00 0.00
8 I BLACK AND DECKER RADIAL ARM SAW 7/0J/87 S/L 10.0 400.00 0.00 400.00 0.00
82 BRAINBRIDGE BANDSA W 7/0J/87 S/L . JO.O 75.00 0.00 75.00 0.00
83 SEARS TABLESAW 10" 7/01/96 S/L 10.0 I 350.00 35.00 122.50 227.50
84 STANLEY ROUTER 7/0J/87 S/L 10.0 75.00 0.00 75.00 0.00
85 SEXAUER ELECTRIC SNAKE 7/0J/87 S/L JO.O 150.00 0.00 150.00 0.00
86 VIKING BATTERY CHARGER 7/0J/87 S/L 10.0 25.00 0.00 25.00 0.00
87 CPS LEAK SEEKER 7/0J/87 S/L 10.0 178.66 0.00 178.66 0.00
89 MULTI-SYSTEM BREAKER FINDER TRAN 7/01/87 S/L 10.0 150.49 0.00 150.49 0.00
104 LOAD HANDLER LH200M 2/15/98 S/L 10.0 99.99 JO.OO 19.17 80.82
107 DAREX DRILL DOCTOR 9/15/98 S/L 10.0 150.00 15.00 20.00 130.00
109 DEVILBLISS COMPRESSOR 6.5HP 1 J/I 5/98 S/L 10.0 339.99 34.00 39.67 300.32
EQUIPMENT 5,068.8 I 125.40 4,126.1 I 942.70
SHOP TOOLS 5,068.81 125.40 4,126.)) 942.70
Location: VACUUMS
Group: EQUIPMENT 7/0J/87
30 VACUUM-WINDSOR VERSAMATIC S/L 10.0 477.00 . 0.00 477.00 0.00
32 VACUUM-WINDSOR VERSAMAllC 7/01/87 S/L 10.0 460.00 0.00 460.00 0.00
33 V ACUlJM-HOOVER 7/01/87 S11~ 100 200.00 0.00 20000 O.DO
02/15/2000 3:01 PM
Page 4
772 SALINE COUNTY CITY BUILDING AUTHORITY
Book Depreciation
02/15/2000 3:01 PM
Page 5
FYE: 12/31/1999
Date Book Book Book Book - Deprec Book End Book Net
Asset Property Description Acquired Method Period Cost * Deduction Deprec Book Value
-
Location: VACUUMS I Group: EQUIPMENT (continued)
34 VACUUM-HOOVER 7/01/87 SIL 10.0 229.00 0.00 229.00 0.00
35 VACUUM-HOOVER PORTABLE 7/01187 SIL 10.0 165.00 0.00 165.00 0.00
36 VACUUM-HOOVER PORTABLE 7/01/87 SIL 10.0 165.00 0.00 165.00 0.00
37 VACUUM-HOOVER BACKPACK C2075-O70 12/18/96 SIL 10.0 264.50 26.45 79.35 185.15
38 VACUUM-CLARKE WETIDRY 7/01/87 SIL 10.0 375.00 0.00 375.00 0.00
39 VACUUM-NATIONAL SUPERSER WETIDR 7/01187 SIL 10.0 350.00 0.00 350.00 0.00
40 VACUUM-N.S.S. WETIDRY 7/01187 SIL 10.0 232.23 0.00 232.23 0.00
41 VACUUM-MINUTEMAN MPV-14" 7/01195 SIL 10.0 335.75 33.58 151.11 184.64
105 MINUTEMAN MPV 14" VACUUM 6/15/98 SIL 10.0 361.40 36.14 57.22 304.18
III HOOVER BACK-PACK VACUUM 1/15/97 SIL 10.0 264.50 26.45 52.90 211.60
112 MINUTEMAN VACUUM 1115/97 SIL 10.0 361.40 36.14 72.28 289.12
113 C.R. LAWRANCE VACUUM 4/15/97 SIL 10.0 75.00 7.50 15.00 60.00
EQUIPMENT 4,315.78 166.26 3,081.09 1,234.69
* Less: Dispositions 477.00 0.00 477.00 0.00
Net EQUIPMENT 3,838.78 166.26 2,604.09 1,234.69
VACUUMS 4,315.78 166.26 3,081.09 1,234.69
* Less: Dispositions 477.00 0.00 477.00 0.00
Net VACUUMS 3,838.78 166.26 2,604.09 1,234.69
Grand Total 3,218,900.45 58,424.07 1,408,446.85 1,810,453.60
Less: Dispositions 477.00 0.00 477.00 0.00
Net Grand Total 3,218,423.45 58,424.07 lA()7,969.85 1,810,453.60