Audit - 2000/2001
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT
December 31, 200 I and 2000
HARRISON & ARNETT, CHARTERED
Certified Public Accountants
Salina, Kansas
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
As of December 31, 2001
MEMBERS
(1) Mr. Michael White
(1) Mr. Craig Stephenson
(1) Ms. Sherri Barragree
(2) Mr. Monte Shadwick
(2) Mr. Don Heath
(3) Mr. Douglas Smith
(4) Mrs. Jean McArthur
OFFICERS
Mr. Douglas Smith
Mr. Michael White
Ms. P. J. Holter
Ms. Sherri Barragree
Chairman
Vice-Chairman
Secretary
Treasurer
Representative from:
(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
COMPARATIVE BALANCE SHEETS
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
COMPARATIVE STATEMENTS OF CASH FLOWS (DIRECT METHOD)
and
RECONCILIATION OF OPERATING INCOME TO NET CASH
FLOWS FROM OPERATING ACTIVITIES
NOTES TO FINANCIAL STATEMENTS
Page
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HARRISON & ARNETT
CHARTERED
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CERTIFIED PUBLIC ACCOUNTANTS
EUGENE O. HARRISON, C.P.A.
THOMAS G. ARNETT, C.P.A.
717 ROACH STREET . SALINA, KANSAS 67401
PHONE: (785) 827-7244
FAX: (785) 827-0048
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INDEPENDENT AUDITORS' REPORT
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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, 2001, and December 31, 2000, 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, 2001,
and December 31, 2000, 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
May 20, 2002
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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
ASSETS
December 31
2.QQl 2..QQ.Q
CURRENT ASSETS
Cash in bank
Accounts receivable
$ 582,344
$ 527,475
Total Current Assets
582,344
527,475
NET INVESTMENT IN FIXED ASSETS
2,093,324
1,796,449
TOTAL ASSETS
$ 2,675,668
$2,323,924
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable
Accounts payable, fixed assets
Accrued leaves and vacation pay
Current portion long-term lease payable
$ 46,386 $ 12,719
2,162
47,410 41,403
78,781 36,795
172,577 93,079
197,224 76,005
369,801 169,084
Total Current Liabilities
LONG- TERM LEASE PAY ABLE NET
Total Liabilities
EQUITY
Retained earnings
2,305,867
2,154,840
TOTAL LIABILITIES AND EQUITY
$ 2,675,668
$2,323,924
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 REVENUES, EXPENSES AND CHANGES
IN RETAINED EARNINGS
January 1 to December 31
2001 2000
OPERATING REVENUES
Regular appropriations
Appropriations - equipment
Maintenance charges
Snack bar commissions
Miscellaneous
$ 663,789 $ 722,958
38,279
10,091 9,573
2,843 2,832
2,046 3,826
717,048 739,189
Total Operating Revenues
OPERATING EXPENSES
Salaries, payroll taxes and benefits
Maintenance & repairs
Utilities
Insurance
Other expenses
282,082 287,781
69,818 68,885
96,500 86,152
16,674 752
8,070 6,098
473,144 449,668
243,904 289,521
87,960 64,827
155,944 224,694
Total Operating Expenses
OPERATING INCOME BEFORE DEPRECIATION
DEPRECIA nON EXPENSE
NET OPERATING INCOME
NON-OPERATING INCOME
Interest net
(4,917)
11,990
NET INCOME
151,027
236,684
RET AINED EARNINGS, January 1
2,154,840
1,918,156
RETAINED EARNINGS, December 31
$2,305,867
$ 2, 154,840
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
2001 2000
CASH FLOWS FROM OPERATING ACTIVITIES
Cash received from operating revenue
Cash paid to or for employees for services
Cash paid to suppliers for goods and services
$ 717,048
(276,075)
(159,557)
$ 740,089
(288,739)
(183,995)
Net Cash Provided (Used) in Operating Activities
281,416
267,355
CASH FLOWS FROM CAPITAL AND RELATED
FINANCING ACTIVITIES
Proceeds from financing lease
Purchase of property and equipment
Interest paid on debt
Principal payment on debt
Net Cash Provided (Used) From Capital and Related
Financing Activities
200,000
(384,835) (69,400)
(19,079) (7,879)
(36,795) (37,941)
(240,709) (115,220)
14,162 19,869
54,869 172,004
527,475 355,471
$ 582,344 $ 527,475
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
INCREASE (DECREASE) IN CASH
CASH BALANCE - January 1
CASH BALANCE - December 31
RECONCILIATION
OPERATING INCOME
CHANGE IN LIABILITIES
Decrease (increase) in accounts receivable
Increase (decrease) in accounts payable
Increase (decrease) in accrued vacations
$ 155,944 $ 224,694
87,960 64,827
900
31,505 (22,108)
6,007 (958)
$ 281,416 $ 267,355
ADmSTMENT RECONCILING OPERATING INCOME
Add depreciation expense
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, 2001 and 2000
NOTE 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES
A. ORGANIZA nON - 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 from 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 Agency
Number of
Members on
Authority Board
Saline County
City of Salina
District Court
Member at large
3
2
1
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Total
7
B. BASIS OF ACCOUNTING - The Building Authority consists of an enterprise fund.
Enterprise funds are classified as proprietary funds by the Governmental Accounting Standards
Board (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 Building Authority's policy to follow all Financial
Accounting Standards Board (FASB) standards issued after November 30, 1989 for its
proprietary activities unless those new FASB pronouncements conflict with GASB guidance.
C. CASH AND CASH EQUIVALENTS - For the purpose of the comparative statement of cash
flows, the Building 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 from 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
Infrastructure Items
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 Building 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 Building Authority is exempt from 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 from 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, 2001 and 2000, respectively, the bank balances of the Building Authority were
$583,133 and $539,209. Of the bank balances, $100,000 and $100,000 were covered by FDIC
insurance at December 31, 2001 and 2000, respectively, and the remaining balances were
collateralized by pledged securities held under joint custody agreements with a third-party bank
in the Building 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 Building Authority at year-end. Category 1
includes deposits insured or collateralized with securities held by the Building Authority or by its
agent in the Building Authority's name. Category 2 includes deposits collateralized with
securities held by the pledging financial institution's trust department or agent in the
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Building Authority's name. Category 3 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 Building Authority's name. All deposits of the Building
Authority in excess of FDIC coverage are Risk Category 1.
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 investments during the year ended December 31, 2001 or December 31, 2000.
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
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 2001 is 2.62%. The non-school municipality employer contributions to KPERS
for the years ending December 31, 2001 and 2000 were $5,949 and $6,359, 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 from 12 to 21 days of vacation pay per year based
on the number of years of continuous service. Vacation pay may accumulate 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 obligations included in the long-term account group.
Debt Issue
Date
Issued
Maturity
Date
Original
Amount
Interest
Rate
Equipment Lease Purchase Agreement
Telephone Lease Purchase Agreement
9/1/95
2/7/01
9/1/03
2/7/06
$291,629
200,000
5.9%
4.84%
The lease purchase agreements were entered into for the purpose of financing a contract for
services in connection with upgrading the heating and cooling system, and the telephone system
in the building.
Annual debt service requirements to maturity for the equipment lease purchase agreement
follow:
Year
2002
2003
2004
2005
2006
Totals
Principal Due
$ 78,781
71,602
39,910
41,843
43.869
$ 276,005
Interest Due
$ 13,031
8,755
6,082
4,150
2,124
$ 34,142
Total Due
$ 91,812
80,357
45,992
45,993
45,993
$310,147
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, 2001.
Beginning Ending
Balance Additions Dispositions Balance
Land $ 220,228 $ $ $ 220,228
Building & Improvements 2,810,310 139,293 2,949,603
Equipment 163,752 245,542 409,294
Parking Lot 74,956 74.956
Total 3,269,246 384,835 3,654,081
Accumulated depreciation 0,472,797) (87,960) 0.560.757)
Net Investment in
Fixed Assets $1,796,449 $ (296.875) $ $2,093,324
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7720 SALINE COUNTY CITY BUILDING AUTHORITY 05/16/2002 3:14 PM
Book Asset Detai I 1/01/01 - 12/31/01 Page 1
FYE: 12/31/2001
Date In Book Book Sec Book Sal Book Prior Book Current Book End Book Net Book Book
Asset * Property Description Service Cost 179 Exp c Value Deprec Depreciation Depreciation Book Value Method Period
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Location: BUILDINGS. LAND AND LOT
91 SMOKE DETECTORS 7/01/96 10,516.00 0.00 0.00 4,732.20 1,051.60 5,783.80 4,732.20 S/L 10.0
93 WATER COOLER 7/01/96 3,445.00 0.00 0.00 1,550.25 344.50 1,894.75 1,550.25 S/L 10.0
95 PUMP REPLACEMENT LIFT pur 7/01/96 5,410.00 0.00 0.00 2,434.50 541.00 2,975.50 2,434.50 S/L 10.0
97 TRANSFORMER IN BASEMENT 7/0 1 196 1,945.00 0.00 0.00 875.25 194.50 1,069.75 875.25 S/L 10.0
98 CONCRETE WORK 7/01/96 2,388.00 0.00 0.00 1,074.60 238.80 1,313.40 1,074.60 S/L 10.0
100 TRANSFORMERS 7/01/97 2,125.00 0.00 0.00 743.75 212.50 956.25 1,168.75 S/L \0.0
103 POWER FACTOR CAPACITORS 7/01/97 4,473.49 0.00 0.00 1,565.72 447.35 2,013.07 2,460.42 S/L 10.0
115 BUILDINGS 7/01/67 2,371,947.00 0.00 0.00 1,324,337.08 39,532.45 1,363,869.53 1,008,077.47 S/L 60.0
116 WINDOW SUNSCREENS 7/01/87 10,064.00 0.00 0.00 10,064.00 0.00 10,064.00 0.00 S/L \0.0
117 WINDOW SUNSCREENS 7/01/88 13,378.00 0.00 0.00 4,180.63 334.45 4,515.08 8,862.92 S/L 40.0
118 ELEVATOR DOOR 7/01/89 3,250.00 0.00 0.00 934.38 81.25 1,015.63 2,234.37 SIL 40.0
119 RESTROOM AND SHOWER F AC 7/01/90 2,869.00 0.00 0.00 753.17 71.73 824.90 2,044.10 S/L 40.0
120 FOUNTAIN RENOVATION 7/01/88 11,197.00 0.00 0.00 3,499.13 279.93 3,779.06 7,417.94 S/L 40.0
121 STORM WARNING SYSTEM 7/01/95 7,850.00 0.00 0.00 1,079.38 196.25 1,275.63 6,574.37 S/L 40.0
122 STORM WINDOWS 7/01/95 16,439.00 0.00 0.00 2,260.39 410.98 2,671.37 13,767.63 S/L 40.0
123 BRIDGE SAFETY RAIL 7/01/95 3,383.00 0.00 0.00 465.19 84.58 549.77 2,833.23 S/L 40.0
124 ISOLA nON VALVE 7/01/95 5,887.00 0.00 0.00 809.49 147.18 956.67 4,930.33 S/L 40.0
125 LIGHTING PROJECT 7/01/96 39,883.00 0.00 0.00 4,486.86 997.08 5,483.94 34,399.06 S/L 40.0
126 THERMAL AND SAFETY GLAS~ 7/01/97 23,845.00 0.00 0.00 2,086.45 596.13 2,682.58 21,162.42 S/L 40.0
127 FLUSH VALVES & PLUMBING 7/01/97 \0,275.00 0.00 0.00 1,798.13 513.75 2,311.88 7,963.12 S/L 20.0
128 SNACK BAR REMODELING 7/01/97 8,800.20 0.00 0.00 770.03 220.01 990.04 7,8\0.16 S/L 40.0
129 DOOR CLOSURES & PANIC BAl 7/01/97 3,000.00 0.00 0.00 262.50 75.00 337.50 2,662.50 S/L 40.0
130 STORAGE BUILDING 7/01/97 2,279.00 0.00 0.00 199.43 56.98 256.41 2,022.59 S/L 40.0
131 STAIR RAILS 7/01/98 936.00 0.00 0.00 58.50 23.40 81.90 854.10 S/L 40.0
132 THERMAL WINDOWS 7/01/98 3,414.64 0.00 0.00 213.42 85.37 298.79 3,115.85 S/L 40.0
133 STORAGE BUILDING & REMOC 7/01/98 49,285.00 0.00 0.00 3,080.32 1,232.13 4,312.45 44,972.55 S/L 40.0
134 SECURITY -SAFETY -CONTROU 7/01/98 3,282.58 0.00 0.00 410.32 164.13 574.45 2,708.13 S/L 20.0
135 PUMPS & PIT CONTROLS 7/01/98 3,062.00 0.00 0.00 255.17 102.Q7 357.24 2,704.76 S/L 30.0
136 IRRIGATION WELLS 7/01/98 9,009.42 0.00 0.00 563.10 225.24 788.34 8,221.08 S/L 40.0
137 CONCRETE WORK & REPAIRS 7/01/98 16,154.00 0.00 0.00 1,009.63 403.85 1,413.48 14,740.52 S/L 40.0
138 PARKING LOT 12/20/93 40,000.00 0.00 0.00 7,000.00 1,000.00 8,000.00 32,000.00 S/L 40.0
139 PARKING LOT SEAL 7/01/97 10,000.00 0.00 0.00 1,750.00 500.00 2,250.00 7,750.00 S/L 20.0
140 PARKING 7/01/97 11,655.00 0.00 0.00 1,019.83 291.38 1,311.21 ]0,343.79 S/L 40.0
141 LAND 7/01/67 200,228.00 0.00 0.00 0.00 0.00 0.00 200,228.00 Land 0.0
142 LOT FOR STORAGE BUILDING 7/01/97 20,000.00 0.00 0.00 0.00 0.00 0.00 20,000.00 Land 0.0
143 CONCRETE IMPROVEMENTS 9/15/99 13,301.00 0.00 0.00 443.37 332.53 775.90 12,525.10 S/L 40.0
150 STEAM HUMIDIFIER 2/28/99 9,893.00 0.00 0.00 453.43 247.33 700.76 9,192.24 S/L 40.0
151 WINDOWS 8/19/99 115,000.00 0.00 0.00 3,833.33 2,875.00 6,708.33 108,291.67 S/L 40.0
152 PARKING LIGHTS 4/30/99 2,430.00 0.00 0.00 202.50 121.50 324.00 2, \06.00 S/L 20.0
153 SMOKE DECTECTORS 10/31/99 1,604.90 0.00 0.00 187.24 160.49 347.73 1,257.]7 S/L 10.0
154 PANIC ALARM 1 1/30/99 22,500.00 0.00 0.00 2,437.50 2,250.00 4,687.50 17,812.50 S/L 10.0
155 AIR INTAKE 11/30/99 9,601.00 0.00 0.00 260.Q3 240.Q3 500.06 9,100.94 S/L 40.0
156 FRESH AIR SHAFT 1/3 1100 590.05 0.00 0.00 21.64 23.60 45.24 544.81 S/L 25.0
158 HV AC MODIFICATION FRESH J 2/29/00 20,884.00 0.00 0.00 696.13 835.36 1,531.49 19,352.51 S/L 25.0
159 TRANSFORMER 3RD FLOOR 3/3 1/00 1,378.72 0.00 0.00 68.94 91.91 160.85 1,217.87 S/L 15.0
160 AIR INTAKE 4/30/00 594.00 0.00 0.00 15.84 2376 39.60 554.40 S/L 25.0
163 7 WINDOWS 3RD FLOOR 8/3 1100 3,982.00 0.00 0.00 66.37 199.10 265.47 3,716.53 S/L 20.0
165 DOORS & FRAMES IN PIT 12/31/00 2,162.00 0.00 0.00 0.00 61.77 6].77 2,100.23 S/L 35.0
170 CONCRETE 8/31/00 2,000.00 0.00 0.00 22.22 66.67 88.89 1,911 11 S/L 30.0
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7720 SALINE COUNTY CITY BUILDING AUTHORITY 05/16/2002 3:14 PM
Book Asset Detail 1/01/01 - 12/31/01 Page 2
FYE: 12/31/2001
Date In Book Book Sec Book Sal Book Prior Book Current Book End Book Net Book Book
Asset . Property Description Service Cost 179 Exp c Value Deprec Depreciation Depreciation Book Value Method Period
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Location: BUILDINGS. LAND AND LOT (continued)
171 RESTROOM REMODEL 6/30101 44,167.38 O.OOc 0.00 0.00 1,472.25 1 ,4 72.25 42,695.13 S/L 15.0
173 ELEVATORS 6/30101 53,148.00 O.OOc 0.00 0.00 2,657.40 2,657.40 50,490.60 S/L \0.0
174 CONCRETE REPLACEMENT & I 6/30/01 31,567.00 O.OOc 0.00 0.00 1,578.35 1,578.35 29,988.65 S/L 10.0
175 BUILDING IMPROVEMENTS 6/30101 10,410.67 O.OOc 0.00 0.00 347.02 347.02 10,063.65 S/L 15.0
BUILDINGS, LAND AND LOT 3,276,889.05 O.OOc 0.00 1,395,03\.34 64,239.64 1,459,270.98 1,817,618.07
Location: FLOOR MACHINES
20 NOBLE 20" 2000 BURNISHER 7/01/95 1,593.75 0.00 0.00 876.59 159.38 1,035.97 557.78 S/L 10.0
21 CLARKE 1500 BURNISHER 7/01/91 1,042.50 0.00 0.00 990.38 52.12 1,042.50 0.00 S/L 10.0
22 VICTOR 2000 BURNISHER 7/01/96 1,499.00 0.00 0.00 674.55 149.90 824.45 674.55 S/L 10.0
23 HILD 13" FLOOR BUFFER 7/01/87 200.00 0.00 0.00 200.00 0.00 200.00 0.00 S/L \0.0
24 DART 19" FLOOR BUFFER 7/01/87 200.00 0.00 0.00 200.00 0.00 200.00 0.00 S/L 10.0
25 CLARKE 17" FLOOR BUFFER 7/01/87 500.00 0.00 0.00 500.00 0.00 500.00 0.00 S/L \0.0
26 CLARKE 2000 FLOOR BUFFER 7/01/87 1,300.00 0.00 0.00 1,300.00 0.00 1,300.00 0.00 S/L 10.0
27 CLARKE 2300 FLOOR BUFFER 7/01/87 1,400.00 0.00 0.00 1,400.00 0.00 1,400.00 0.00 S/L \0.0
28 CLARKE 2300 FLOOR BUFFER 7/01/87 1,400.00 0.00 0.00 1,400.00 0.00 1,400.00 0.00 S/L \0.0
\08 NOBLE SS2001 SPEED SCRUB 11/15/98 3,300.00 0.00 0.00 715.00 330.00 1,045.00 2,255.00 S/L \0.0
166 ALTO CLARK WET V AC 313 1/00 709.85 0.00 0.00 76.06 \0 \.41 177.47 532.38 S/L 7.0
FLOOR MACHINES 13,145.10 O.OOc 0.00 8,332.58 792.81 9,125.39 4,019.71
Location: LADDERS
4 LADDER-FOLDING/SCAFFOLD 7/01/87 120.00 0.00 0.00 120.00 0.00 120.00 0.00 S/L \0.0
5 LADDER-WERNER FIBERGLAS: 7/01/87 240.00 0.00 0.00 240.00 0.00 240.00 0.00 S/L \0.0
6 LADDER-WERNER FIBERGLAS: 7/01/87 68.00 0.00 0.00 68.00 0.00 68.00 0.00 S/L \0.0
7 LADDER-LOUISVILLE FIBERGL 7/01/87 110.00 0.00 0.00 110.00 0.00 1\0.00 0.00 SIL \0.0
8 (2)LADDER-LOUISVILLE FIBER 7/01/87 156.00 0.00 0.00 156.00 0.00 156.00 0.00 S/L \0.0
9 LADDER-LOUISVILLE FIBERGL 7/01/87 68.00 0.00 0.00 68.00 0.00 68.00 0.00 S/L 10.0
10 (3)LADDER-ALUM1NUM STEP 6 7/01/87 135.00 0.00 0.00 135.00 0.00 135.00 0.00 S/L 10.0
11 LADDER-ALUMINUM STEP 8' 7/01/87 65.00 0.00 0.00 65.00 0.00 65.00 0.00 S/L \0.0
12 (2)LADDER-ALUMINUM STEP 2 7/01/87 20.00 0.00 0.00 20.00 0.00 20.00 0.00 S/L 10.0
13 (2)LADDER-ALUMINUM EXTEI' 7/01/87 140.00 0.00 0.00 140.00 0.00 140.00 0.00 S/L 10.0
LADDERS 1,122.00 O.OOc 0.00 1,122.00 0.00 1,122.00 0.00
Location: LAWN EQUIPMENT
43 HUSKIE 25 GAL SPRA YER 7/01/96 150.00 0.00 0.00 67.50 15.00 82.50 67.50 S/L \0.0
44 TANAKA EDGER TLE 550 7/01/87 429.00 0.00 0.00 429.00 0.00 429.00 0.00 S/L \0.0
45 TANAKA HEDGE TRIMMER TH 710 I 187 250.00 0.00 0.00 250.00 0.00 250.00 0.00 S/L \0.0
46 HOMELITE 360 CHAINSA W 7/01/87 300.00 0.00 0.00 300.00 0.00 300.00 0.00 S/L 10.0
47 HOMELITE XL CHA1NSA W 7/01/87 140.00 0.00 0.00 140.00 0.00 140.00 0.00 S/L 10.0
51 MTD CHIPPERISHREDDER 5HP 7/01/87 399.00 0.00 0.00 399.00 0.00 399.00 0.00 SIL \0.0
52 STIHL WEEDWHIP FS74 7/01/87 240.00 0.00 0.00 240.00 0.00 240.00 0.00 S/L 10.0
53 FRONTMOUNT CTL AERATOR 7/01/87 945.00 0.00 0.00 945.00 0.00 945.00 0.00 S/L 10.0
54 LA WNBOY 21" MOWER 7/01/87 280.00 0.00 0.00 280.00 0.00 280.00 0.00 S/L 10.0
56 SPREADER BROADCAST EART 7/01/87 155.00 0.00 0.00 155.00 0.00 155.00 0.00 S/L 10.0
- - - - - - - - - - - - - - - - - - -
7720 SALINE COUNTY CITY BUILDING AUTHORITY 05/16/2002 3:14 PM
Book Asset Detail 1/01/01 - 12/31/01 Page 3
FYE: 12/31/2001
Date In Book Book Sec Book Sal Book Prior Book Current Book End Book Net Book Book
Asset . Property Description Service Cost 1 79 Exp c Value Deprec Depreciation Depreciation Book Value Method Period
--
Location: LAWN EQUIPMENT (continued)
57 AGRI-FAB BROADCAST SPREA 7/01/96 150.00 0.00 0.00 67.50 15.00 82.50 67.50 S/L 10.0
58 ROYBI 410 R TILLER 9101/96 90.00 0.00 0.00 39.00 9.00 48.00 42.00 S/L ]0.0
59 YARD CART TOWNICOUNTRY 7/0J/87 50.00 0.00 0.00 50.00 0.00 50.00 0.00 S/L 10.0
60 JOHN DEERE 932 FRONTMOWE 4/1 5/94 17,470.00 0.00 0.00 17,470.00 0.00 17,470.00 0.00 S/L 10.0
6] TORO S-200 SNOWBLOWER 7/01/87 230.00 0.00 0.00 230.00 0.00 230.00 0.00 S/L 10.0
62 TORO SNOWBLOWER CCR2000 7/0J/87 559.95 0.00 0.00 559.95 0.00 559.95 0.00 S/L ]0.0
63 GILSON SNOWBLOWER ST422 7/01/87 450.00 0.00 0.00 450.00 0.00 450.00 0.00 S/L 10.0
64 1988 CHEVY S-10 TRUCK AND ~ 7/0J/88 12,0]7.00 0.00 0.00 ]2,017.00 0.00 12,0]7.00 0.00 S/L 10.0
99 TWO ENGINES 7/0]/97 18,646.00 0.00 0.00 6,526.10 1,864.60 8,390.70 10,255.30 S/L 10.0
106 STlHL BG-75 BLOWER 7/15198 ]52.95 0.00 0.00 38.25 15.30 53.55 99.40 S/L 10.0
114 STIHL CHAINSA W 9/29197 220.00 0.00 0.00 66.00 22.00 88.00 132.00 S/L 10.0
144 TRAILER 2/28/99 379.99 0.00 0.00 69.67 38.00 107.67 272.32 S/L 10.0
145 LA WNBOY MOWER 12/30199 409.00 0.00 0.00 8 \.80 8 \.80 163.60 245.40 S/L 5.0
146 STlHL BLOWER 12/30199 169.00 0.00 0.00 33.80 33.80 67.60 10 \.40 S/L 5.0
LAWN EQUIPMENT 54,281.89 O.OOc 0.00 40,904.57 2,094.50 42,999.07 11,282.82
Location: OFFICE
14 PANSONIC ANSWERING MACH 7/01/87 153.00 0.00 0.00 153.00 0.00 153.00 0.00 S/L 10.0
15 ADDLER-ROY AL ADDING MAC 7/0]/87 40.00 0.00 0.00 40.00 0.00 40.00 0.00 S/L 10.0
16 COMPUTER DESK 7/0J/87 85.00 0.00 0.00 85.00 0.00 85.00 0.00 S/L 10.0
17 IBM 486 COMPUTER, MONITOR 7/0J/87 3,023.00 0.00 0.00 3,023.00 0.00 3,023.00 0.00 S/L ]0.0
18 EPSON LX300 PRINTER 7/01/87 200.00 0.00 0.00 200.00 0.00 200.00 0.00 S/L 10.0
101 PAYROLL AND ACCOUNTING ~ 7/0J/97 2,715.27 0.00 0.00 950.35 271.53 1,22 \.88 1,493.39 S/L 10.0
147 HP 722 C PRINTER 2/28/99 279.99 0.00 0.00 ]02.67 56.00 158.67 121.32 S/L 5.0
OFFICE 6,496.26 O.OOc 0.00 4,554.02 327.53 4,881.55 1,614.7]
Location: SECURITY SYSTEM
I SECURITY SYSTEM 7/01/94 14,421.00 0.00 0.00 9,373.65 1,442.10 10,815.75 3,605.25 S/L 10.0
2 DIGITAL MULTI PLEXER 7/0 J/96 2,119.00 0.00 000 953.55 211.90 1,165.45 953.55 S/L 10.0
3 MONITOR, RECORDER AND CA 7/0 J/96 9,180.23 0.00 0.00 4,131.09 918.02 5,049.11 4,131.12 S/L 10.0
110 (4)TOSHlBA CAMERAS & LENS 5/18/98 2,470.00 0.00 0.00 638.08 247.00 885.08 1,584.92 S/L 10.0
148 (2) MOTOROLA RADIOS 2/28/99 198.00 0.00 0.00 72.60 39.60 112.20 85.80 S/L 5.0
149 RADIO PROGRAMMER 12/3 J/99 787.00 0.00 0.00 157.40 157.40 314.80 472.20 S/L 5.0
157 ALARM SECURITY EQUIP MEN' 1/3 J/OO 787.00 0.00 0.00 72.14 78.70 150.84 636.16 S/L 10.0
161 SECURITY TLVCR MONITER 5/31/00 2,916.10 0.00 0.00 243.01 416.59 659.60 2,256.50 S/L 7.0
167 SANYO CAMERA 1110 1/00 2,681.00 0.00 0.00 63.83 383.00 446.83 2,234.17 S/L 7.0
169 TOSHIBA MONITER 12/29100 799.00 0.00 0.00 0.00 114.14 114.14 684.86 S/L 7.0
176 SECURITY EQUIPMENT 6/3010 I 3,863.29 O.OOc 0.00 0.00 386.33 386.33 3,476.96 S/L 5.0
SECURITY SYSTEM 40,221.62 O.OOc 0.00 15,705.35 4,394.78 20,100.13 20,121.49
Location: SHOP TOOLS
65 GRACO POWER PAINT ROLLER 7/01/87 450.00 0.00 0.00 450.00 0.00 450.00 0.00 S/L 10.0
66 FLOOR JACK 2 1/4 TON 7/0 1/87 109.50 0.00 0.00 109.50 0.00 109.50 0.00 S/L 10.0
67 (2) MAKITA CORDLESS DRILL: 7/01/96 313.96 0.00 0.00 141.30 31.40 172.70 14126 S/L 10.0
-------------------
7720 SALINE COUNTY CITY BUILDING AUTHORITY 05/16/2002 3:14 PM
Book Asset Detail 1/01/01 -12/31/01 Page 4
FYE: 12/31/2001
Date In Book Book Sec Book Sal Book Prior Book Current Book End Book Net Book Book
Asset * Property Description Service Cost 179 Exp c Value Deprec Depreciation Depreciation Book Value Method Period
-- -
Location: SHOP TOOLS (continued)
68 MAKITA RECIPO SAW 7/01/87 120.00 0.00 0.00 120.00 0.00 120.00 0.00 S/L 10.0
69 MAKITA DISC SANDER 7/01/87 119.65 0.00 0.00 119.65 0.00 119.65 0.00 S/L 10.0
70 MIL WUAKEE HAMMER DRILL 7/0 1/87 145.50 0.00 0.00 145.50 0.00 145.50 0.00 S/L 10.0
71 MIL WUAKEE 1/2" DRILL 7/01/87 137.37 0.00 0.00 137.37 0.00 137.37 0.00 S/L 10.0
72 MIL WUAKEE SANDER 7/01/87 134.00 0.00 0.00 134.00 0.00 134.00 0.00 S/L 10.0
73 SKIL PRESSURE WASHER 7/01/87 495.70 0.00 0.00 495.70 0.00 495.70 0.00 S/L 10.0
74 SKIL JIG SA W/SCROLL 7/01/87 44.00 0.00 0.00 44.00 0.00 44.00 0.00 S/L 10.0
75 SKIL 3" BELT SANDER 7/01/87 80.00 0.00 0.00 80.00 0.00 80.00 0.00 S/L 10.0
76 SKIL CIRCULAR SAW 7/01/87 50.00 0.00 0.00 50.00 0.00 50.00 0.00 SIL 10.0
77 (2)WISSOTA STONE GRINDER 7/01/87 250.00 0.00 0.00 250.00 0.00 250.00 0.00 S/L 10.0
78 DYRACRAFT DRILL PRESS BET' 7/01/87 75.00 0.00 0.00 75.00 0.00 75.00 0.00 S/L 10.0
79 DELTA DRILL PRESS FLOOR 7/01/87 325.00 0.00 0.00 325.00 0.00 325.00 0.00 S/L 10.0
80 WARD AIR COMPRESSOR 7/01/87 225.00 0.00 0.00 225.00 0.00 225.00 0.00 S/L 10.0
81 BLACK AND DECKER RADIAL 7/01/87 400.00 0.00 0.00 400.00 0.00 400.00 0.00 S/L 10.0
82 BRAINBRIDGE BANDSA W 7/01/87 75.00 0.00 0.00 75.00 0.00 75.00 0.00 S/L 10.0
83 SEARS T ABLESA W 10" 7/01/96 350.00 0.00 0.00 157.50 35.00 192.50 157.50 S/L 10.0
84 STANLEY ROUTER 7/01/87 75.00 0.00 0.00 75.00 0.00 75.00 0.00 S/L 10.0
85 SEXAUER ELECTRIC SNAKE 7/01/87 150.00 0.00 0.00 150.00 0.00 150.00 0.00 S/L 10.0
86 VIKING BATTERY CHARGER 7/01/87 25.00 0.00 0.00 25.00 0.00 2500 0.00 S/L 10.0
87 CPS LEAK SEEKER 7/01/87 178.66 0.00 0.00 178.66 0.00 178.66 0.00 S/L 10.0
89 MULTI-SYSTEM BREAKER FINI 7/01/87 150.49 0.00 0.00 150.49 0.00 150.49 0.00 S/L /0.0
104 LOAD HANDLER LH200M 2/15198 99.99 0.00 0.00 29.17 10.00 39.17 60.82 S/L 10.0
107 DAREX DRILL DOCTOR 9/15/98 150.00 0.00 0.00 35.00 15.00 50.00 100.00 S/L /0.0
109 DEVILBLlSS COMPRESSOR 6.51 11115198 339.99 0.00 0.00 73.67 34.00 107.67 232.32 SIL 10.0
168 REDDY KEROSENE HEATER 12/14/00 287.00 0.00 0.00 2.39 28.70 31.09 255.91 SIL 10.0
177 EQUIPMENT 6/30101 4,141.87 O.OOc 0.00 0.00 207.09 207.09 3,934.78 S/L 10.0
SHOP TOOLS 9,497.68 O.OOc 0.00 4,253.90 361.19 4,615.09 4,882.59
Location: TELEPHONE SYSTEM
164 TELEPHONE CONSULTANT 10/31100 11,051.51 0.00 0.00 122.79 736.77 859.56 10,191.95 S/L 15.0
172 PHONE SYSTEM 6/30101 237,537.28 O.OOc 0.00 0.00 14,846.08 14,846.08 222,691.20 S/L 8.0
TELEPHONE SYSTEM 248,588.79 O.OOc 0.00 122.79 15,582.85 15,705.64 232,883.15
Location: VACUUMS
32 VACUUM-WINDSOR VERSAMA 7/01/87 460.00 0.00 0.00 460.00 0.00 460.00 0.00 S/L 10.0
33 VACUUM-HOOVER 7/01/87 200.00 0.00 0.00 200.00 0.00 200.00 0.00 S/L 10.0
34 VACUUM-HOOVER 7/01/87 229.00 0.00 0.00 229.00 0.00 229.00 0.00 S/L 10.0
35 V ACUUM-HOOVER PORT ABLE 7/0 1/87 165.00 0.00 0.00 165.00 0.00 165.00 0.00 S/L 10.0
36 VACUUM-HOOVER PORTABLE 7/01/87 165.00 0.00 0.00 165.00 0.00 165.00 0.00 S/L 10.0
37 V ACUUM-HOOVER BACKPACK 12/18/96 264.50 0.00 0.00 105.80 26.45 132.25 132.25 S/L 10.0
38 VACUUM-CLARKE WET/DR Y 710 1/87 375.00 0.00 0.00 375.00 0.00 375.00 0.00 S/L 10.0
39 V ACUUM-NA TIONAL SUPERSE 7/01/87 350.00 0.00 0.00 350.00 0.00 350.00 0.00 S/L 10.0
40 V ACUUM-N.S.S. WET/DRY 7/01/87 232.23 0.00 0.00 232.23 0.00 232.23 0.00 S/L 10.0
41 VACUUM-MINUTEMAN MPV-I, 7/01/95 335.75 0.00 0.00 184.69 33.58 218.27 117.48 S/L 10.0
105 MINUTEMAN MPV 14" V ACUUI 6/15/98 361.40 0.00 0.00 93.36 36.14 129.50 231.90 S/L 10.0
III HOOVER BACK-PACK V ACUU~ 1/15/97 264.50 0.00 000 79.35 26.45 105.80 158.70 S/L 10.0
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7720 SALINE COUNTY CITY BUILDING AUTHORITY 05/16/2002 3:14 PM
Book Asset Detail 1/01/01 - 12/31/01 Page 5
FYE: 12/31/2001
Date In Book Book Sec Book Sal Book Prior Book Current Book End Book Net Book Book
Asset * Property Description Service Cost 179 Exp c Value Deprec Depreciation Depreciation Book Value Method Period
-- -
Location: VACUUMS (continued)
112 MINUTEMAN VACUUM 11\ 5/97 361.40 0.00 0.00 108.42 36.14 144.56 216.84 S/L 10.0
113 C.R. LAWRANCE VACUUM 4/15/97 75.00 0.00 0.00 22.50 7.50 30.00 45.00 S/L 10.0
VACUUMS 3,838.78 O.OOc 0.00 2,770.35 166.26 2,936.61 902.17
Grand Total 3,654,081.17 O.OOc 0.00 1,472,796.90 87,959.56 1,560,756.46 2,093,324.71
__n______ _____ - -----------------