Audit - 1966
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SALINA FIHEMEN1S RELIEF ASSOCIATION
Salina, Kansas
REPOHT ON EXAMINATION
December 31, 1966
WOODS & DURHAM
Certified Public Accountants
Salina, Kansas
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
OFFICERS
J. E. Travis
President
Vice-President
Edwin Bross
Laverne llrockway
llyrl Glendening
Secretary
Treasurer
REPHESENTATIVES
Richard Purney
James Martin
James Lacy
Hobart McCabe
Lonnie Freeman
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Exhibit "A"
I Exhibit "l3 "
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
/Jlakna
&~in
!ik/ci/
~ /YUJIic ~
60S W, NORTH STREET
P. O. BOX 1324
TELEPHONE - AREA 913, TAYLORS-S494
SAL.INA, KANSAS, 67401
March 10, 1967
Board of Directors
Salina Firemen's Relief Association
Salina, Kansas
Gentlemen:
We have examined the financial records of the Salina Fire-
men's Relief Association, Sal:ina, Kansas, for the year ended
December 31, 1966. Our examination was performed in accord-
ance with the applicable provisions of the Minimum Standard
Audit Program for Municipalitl.es 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 circumstances.
In our opinion, the accompanying exhibits present fairly the
cash position of the Salina Firemen's Helief Association,
Salina, Kansas, at December 31, 1966, and the cash trans-
actions for the year then ended.
/
(L/;cCc <~ty I ~cd/!/t.,la ;J v-/'
Certified Public Accountants
1.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
RECEIPTS, EXPENDITURES AND FUND BALANCE
January 1 to December 31, 1966
Balances - January 1, 1966
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
HeccipLs
Chceldng Account
Savings Accounts
Expenditures
Checking Account
Savings Accounts
Balance - December 31, 1966
Represented lly:
Cash on Deposit - The First National Bank
and Trust Company, Salina, Kansas -
December 31, 1966
Checking Account
Savings Accounts
Exhibit "A"
$ 15,874.90
96,438.97 $112,313.87
$ 10,047. 1~3
3,766.42 14,713.55
$127,027.42
$ 12,835.64
12,835.64
$114,191.78
$ 13,986.39
100,205.39
$114,191. 78
')
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
nECEIPTS, EXPENDITURES AND CASH BALANCE - CHECKING ACCOUWP
January 1 to December 31, 1966
Balance - January 1, 1966
Hece:ipts
Kansas Commissioner of Insurance
nel.mbursement of 15% of l.nsurance
premiums paid by firemen
Insurance premium refunds
$ 9,976.00
732.96
238.17
Total lleginning Balance Plus Heceipts
Expenditures
Insurance premiums
Treasurer's bond
Accident and sickness claims
Pensions to retired firemen
$11,988.71
25.00
101. 93
720.00
llalance - December 31, 1966
Re pres en ted lly:
Cash in The First National Bank and
Trust Company, Salina, Kansas -
December 31, 1966
$13,986.39
Exhibit "ll"
$15,874.90
10,947.13
$26,822.03
12,835.64
$13 ,.986.39
3. I
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
HECEIPTS, EXPENDITURES AND CASH BALANCE - SAVINGS ACCOUNTS
January 1 to December 31, 1966
Balance - January 1, 1966
Receipts
Interest on Savings Accounts
Total Beginnl.ng llalance Plus Receipts
Expenditures
Balance - December 31, 1966
Represented lly:
Cash in The First National Bank and
Trust Company, Salina, Kansas -
December 31, 1966:
Fund =/11
Fund /f2
Fund #-3
Fund //4
Fund /15
Fund #6
Fund #7
Fu nd #8
Fu n d # 9
Fund #10
$ 10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,205.39
$100,205.39
Exhibl.t "c"
$ 96,'438.97
3,766.42
$100,205.39
$100,205.39
4.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
CASH IN BANK
December 31, 1966
Balance per Bank Statement - The First National
Bank and Trust Company, Salina, Kansas,
Checking Account - December 31, 1966
Deduct - Outstanding Checks
Balance per Books - December 31, 1966
Exhibit "D"
$13,986.39
$13,986.39
5.
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SALINA FIREMEN'S RELIEF ASSOCIATION
Salina, Kansas
COMPARISON OF DEPOSITARY SECURITY WITH BALANCES ON DEPOSIT
December 31, 1966
Checking Account - The First National Bank
and Trust Company, Salina, Kansas
Savings Accounts - The First National Bank
and Trust Company, Salina, Kansas
Fund III
Fu nd 112
F'u nd 113
Fu nd 1/4
Fund 115
Fund #6
Fund 1/7
Fu nd #8
Fu n d # 9
Fund 1110
Total on Deposit at December 31, 1966
Deduct - Portion Guaranteed by F.D.I.C.
Balance to be Secured by Other Collateral
Portion Required to be Secured - 70%
Collateral Deposited by Bank
$10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,205.39
Exhibit "E"
$ 13,986.39
100,205.39
$114,191.78
15,000.00
$ 99,191.78
$ 69,434.25
$100,000.00
6.
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SALINA FIREMEN'S HELIEF ASSOCIATION
Salina, Kansas
TREASURER'S FIDELITY llOND
December 31, 1966
Date
Effective
Date of
Expiration
Treasurer, Salina Firemen's
Relief Association
9-10-66
9-10-67
Exhibit "F"
Amount
$10,000.00
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