Audit - 1999/2000
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT
December 31, 2000 and 1999
HARRISON & ARNETT, CHARTERED
Certified Public Accountants
Salina, Kansas
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SALINE COUNTY-CITY BUILDING AUTHORITY
Salina, Kansas
As of December 31, 2000
MEMBERS
(I) Mr. Michael White
(1) Mr. Deane Allen
(1) Mr. Doug Forsberg
(2) Mr. Monte Shadwick
(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 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
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 INCOME TO NET CASH
FLOWS FROM OPERATING ACTIVITIES
NOTES TO FINANCIAL STATEMENTS
Page
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HARRISON & ARNETT
CHARTERED
CERTIFIED PUBLIC ACCOUNTANTS
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EUGENE O. HARRISON, C.P.A.
THOMAS G. ARNETT, C.PA
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, 2000, and December 31, 1999, 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, 2000,
and December 31, 1999, 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 28,2001
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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
2illill l222
CURRENT ASSETS
Cash in bank
Accounts receivable
$ 527,475
$ 355,471
900
Total Current Assets
527,475
356,371
NET INVESTMENT IN FIXED ASSETS
1,796,449
1,810,454
TOTAL ASSETS
$ 2,323,924
$2,166,825
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable
Accounts payable, fixed assets
Accrued leaves and vacation pay
Current portion long-term lease payable
$ 12,719 $ 34,827
2,162 20,740
41,403 42,361
36,795 34,693
93,079 132,621
76,005 116,048
169,084 248,669
Total Current Liabilities
LONG- TERM LEASE PAYABLE NET
Total Liabilities
EQUITY
Retained earnings
2,154,840
1,918,156
TOTAL LIABILITIES AND EQUITY
$ 2,323,924
$2,166,825
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
2000 1999
OPERATING REVENUES
Regular appropriations
Maintenance charges
Snack bar commissions
Miscellaneous
$ 722,958 $ 642,288
9,573 9,757
2,832 3,017
3,826 13,870
739,189 668,932
Total Operating Revenues
OPERATING EXPENSES
Salaries, payroll taxes and benefits
Maintenance & repairs
Utilities
Insurance
Other expenses
287,781 281,062
68,885 64,816
86,152 79,878
752 19,882
6,098 6,697
449,668 452,335
289,521 216,597
64,827 58,424
224,694 158,173
Total Operating Expenses
OPERATING INCOME BEFORE DEPRECIATION
DEPRECIATION EXPENSE
NET OPERATING INCOME
NON-OPERATING INCOME
Interest net
11,990
2,036
NET INCOME
236,684
160,209
RETAINED EARNINGS, January 1
1,918,156
1,757,947
RETAINED EARNINGS, December 31
$2,154,840
$1,918,156
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 CASH FLOWS (DIRECT METHOD)
January 1 to December 31
2000 1999
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
$ 740,089
(288,739)
(183,995)
$ 668,032
(281,544)
(152,881)
Net Cash Provided (Used) in Operating Activities
267,355
233,607
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) From Capital and Related
Financing Activities
(69,400) (155,813)
(7,879) (8,800)
(37,941) (33,201)
(115,220) (197,814)
19,869 10,836
172,004 46,629
355,471 308,842
$ 527,475 $ 355,471
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
INCREASE (DECREASE) IN CASH
CASH BALANCE - January 1
CASH BALANCE - December 31
RECONCILIATION
OPERATING INCOME
$ 224,694 $ 158,173
64,827 58,424
900 (900)
(22,108) 18,392
(958) (482)
$ 267,355 $ 233,607
ADJUSTMENT RECONCILING OPERATING INCOME
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
Salimi, Kansas
NOTES TO FINANCIAL STATEMENTS
December 31, 2000 and 1999
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 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
1
Total
7
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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 (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 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 31,2000 and 1999, respectively, the bank balances of the Building Authority were
$539,209 and $360,157. Of the bank balances, $100,000 and $100,000 were covered by FDIC
insurance at December 31, 2000 and 1999, 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, 2000 or December 31, 1999.
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 2000 is 2.62%. The non-school municipality employer contributions to KPERS
for the years ending December 31,2000 and 1999 were $6,359 and $6,787, 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 LEA VE - 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 LEA VE - 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
2001 $ 36,796 $ 5,205
2002 42,471 3,348
2003 33.534 830
Totals $ 112,801 $ 9,383
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Total Due
$ 42,001
45,819
34.364
$122,184
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NOTE 6. GENERAL FIXED ASSET GROUP
The following summarizes the changes in the general fixed asset group of accounts for the
year ended December 31,2000.
Beginning Ending
Balance Additions Dispositions Balance
Land $ 220,228 $ $ $ 220,228
Building & Improvements 2,778,719 31,591 2,810,310
Equipment 144,521 19,231 163,752
Parking Lot 74,956 74,956
Total 3,218,424 50,822 3,269,246
Accumulated depreciation (1,407,970) (64,827) (1 A 72, 797)
Net Investment in
Fixed Assets $1,810,454 $(14,005) $ $1,796,449
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7720 SALINE COUNTY CITY BUILDING AUTHORITY 03/03/2001 8:32 AM
Book Asset Detail 1/01/00 - 12/31/00 Page 1
FYE: 12/31/2000
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 3,680.60 1,051.60 4,732.20 5,783.80 S/L 10.0
93 WATER COOLER 7/01/96 3,445.00 0.00 0.00 1,205.75 344.50 1,550.25 1,894.75 S/L 10.0
95 PUMP REPLACEMENT LIFT PU 7/01/96 5,410.00 0.00 0.00 1,893.50 541.00 2,434.50 2,975.50 S/L 10.0
97 TRANSFORMER IN BASEMENT 7/01/96 1,945.00 0.00 0.00 680.75 194.50 875.25 1,069.75 S/L 10.0
98 CONCRETE WORK 7/01/96 2,388.00 0.00 0.00 835.80 238.80 1,074.60 1,313.40 S/L 10.0
100 TRANSFORMERS 7/01/97 2,125.00 0.00 0.00 531.25 212.50 743.75 1,381.25 S/L 10.0
103 POWER FACTOR CAPACITORS 7/01/97 4,473.49 0.00 0.00 1,118.37 447.35 1,565.72 2,907.77 S/L 10.0
115 BUILDJNGS 7/01/67 2,371,947.00 0.00 0.00 1,284,804.63 39,532.45 1,324,337.08 1,047,609.92 S/L 60.0
116 WlNDOW SUNSCREENS 7/01/87 10,064.00 0.00 0.00 10,064.00 0.00 10,064.00 0.00 S/L 10.0
117 WlNDOW SUNSCREENS 7/01/88 13,378.00 0.00 0.00 3,846.18 334.45 4,180.63 9,197.37 S/L 40.0
118 ELEVATOR DOOR 7/01/89 3,250.00 0.00 0.00 853.13 81.25 934.38 2,315.62 S/L 40.0
119 RESTROOM AND SHOWER FAC 7/01/90 2,869.00 0.00 0.00 681.44 71. 73 753.17 2,115.83 S/L 40.0
120 FOUNTAlN RENOVATION 7/01/88 11,197.00 0.00 0.00 3,219.20 279.93 3,499.13 7,697.87 S/L 40.0
121 STORM WARNING SYSTEM 7/01/95 7,850.00 0.00 0.00 883.13 196.25 1,079.38 6,770.62 S/L 40.0
122 STORM WlNDOWS 7/01/95 16,439.00 0.00 0.00 1,849.41 410.98 2,260.39 14,178.61 S/L 40.0
123 BRIDGE SAFETY RAIL 7/01/95 3,383.00 0.00 0.00 380.61 84.58 465.19 2,917.81 S/L 40.0
124 ISOLATION VALVE 7/01/95 5,887.00 0.00 0.00 662.31 147.18 809.49 5,077.51 S/L 40.0
125 LIGHTJNG PROJECT 7/01/96 39,883.00 0.00 0.00 3,489.78 997.08 4,486.86 35,396.14 S/L 40.0
126 THERMAL AND SAFETY GLASS 7/01/97 23,845.00 0.00 0.00 1,490.32 596.13 2,086.45 21,758.55 S/L 40.0
127 FLUSH VALVES & PLUMBJNG 7/01/97 10,275.00 0.00 0.00 1,284.38 513.75 1,798.13 8,476.87 S/L 20.0
128 SNACK BAR REMODELJNG 7/01/97 8,800.20 0.00 0.00 550.02 220.01 770.03 8,030.17 S/L 40.0
129 DOOR CLOSURES & PANIC BA 7/01/97 3,000.00 0.00 0.00 187.50 75.00 262.50 2,737.50 S/L 40.0
130 STORAGE BUILDJNG 7/0 l/97 2,279.00 0.00 0.00 142.45 56.98 199.43 2,079.57 S/L 40.0
131 STAIR RAILS 7/01/98 936.00 0.00 0.00 35.10 23.40 58.50 877.50 S/L 40.0
132 THERMAL WlNDOWS 7/01/98 3,414.64 0.00 0.00 128.05 85.37 213.42 3,201.22 S/L 40.0
133 STORAGE BUILDJNG & REMOD 7/0 l/98 49,285.00 0.00 0.00 1,848.19 1,232.13 3,080.32 46,204.68 S/L 40.0
134 SECURITY-SAFETY-CONTROLS 7/01/98 3,282.58 0.00 0.00 246.19 164.13 410.32 2,872.26 S/L 20.0
135 PUMPS & PIT CONTROLS 7/01/98 3,062.00 0.00 0.00 153.10 102.07 255.17 2,806.83 S/L 30.0
136 IRRIGATION WELLS 7/01/98 9,009.42 0.00 0.00 337.86 225.24 563.10 8,446.32 S/L 40.0
137 CONCRETE WORK & REPAIRS 7/01/98 16,154.00 0.00 0.00 605.78 403.85 1,009.63 15,144.37 S/L 40.0
138 PARKJNG LOT 12/20/93 40,000.00 0.00 0.00 6,000.00 1,000.00 7,000.00 33,000.00 S/L 40.0
139 PARKJNG LOT SEAL 7/0 l/97 10,000.00 0.00 0.00 1,250.00 500.00 1,750.00 8,250.00 S/L 20.0
140 PARKJNG 7/01/97 11,655.00 0.00 0.00 728.45 291.38 1,019.83 10,635.17 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 BUILDJNG 7/01/97 20,000.00 0.00 0.00 0.00 0.00 0.00 20,000.00 Land 0.0
143 CONCRETE ThJPROVEMENTS 9/15/99 13,301.00 0.00 0.00 110.84 332.53 443.37 12,857.63 S/L 40.0
ISO STEAM HUMIDIFIER 2/28/99 9,893.00 0.00 0.00 206.10 247.33 453.43 9,439.57 S/L 40.0
151 WlNDOWS 8/19/99 115,000.00 0.00 0.00 958.33 2,875.00 3,833.33 111,166.67 S/L 40.0
152 PARKJNG LIGHTS 4/30/99 2,430.00 0.00 0.00 81.00 121.50 202.50 2,227.50 S/L 20.0
153 SMOKE DECTECTORS 1O/3l/99 1,604.90 0.00 0.00 26.75 160.49 187.24 1,417.66 S/L 10.0
154 PANIC ALARM 11/30/99 22,500.00 0.00 0.00 187.50 2,250.00 2,437.50 20,062.50 S/L 10.0
155 AIR JNTAKE 1l/30/99 9,601.00 0.00 0.00 20.00 240.03 260.03 9,340.97 S/L 40.0
156 FRESH AIR SHAFT l/31/00 590.05 O.OOc .0.00 0.00 21.64 21.64 568.41 S/L 25.0
158 HV AC MODIFICATION FRESH A 2/29/00 20,884.00 O.OOc 0.00 0.00 696.13 696.13 20,187.87 S/L 25.0
159 TRANSFORMER3RDFLOOR 3/31/00 1,378.72 O.OOc 0.00 0.00 68.94 68.94 1,309.78 S/L 15.0
160 AIR JNTAKE 4/30/00 594.00 O.OOc 0.00 0.00 15.84 15.84 578.16 S/L 25.0
163 7 WINDOWS 3RD FLOOR 8/3 1/00 3,982.00 O.OOc 0.00 0.00 66.37 66.37 3,915.63 S/L 20.0
165 DOORS & FRAMES IN PIT 12/31100 2,162.00 O.OOc 0.00 0.00 0.00 0.00 2,162.00 S/L 35.0
170 CONCRETE 8/31/00 2,000.00 O.OOc 0.00 0.00 22.22 22.22 1,977. 78 S/L 30.0
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7720 SALINE COUNTY CITY BUILDING AUTHORITY 03/03/2001 8:32 AM
Book Asset Detail 1/01/00 - 12/31/00 Page 2
FYE: 12/31/2000
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)
BUILDINGS, LAND AND LOT 3,137,596.00 O.OOc 0.00 1,337,257.75 57,773.59 1,395,031.34 1,742,564.66
Location: FLOOR MACHINES
20 NOBLE 20" 2000 BURNISHER 7/01/95 1,593.75 0.00 0.00 717.21 159.38 876.59 717.16 S/L 10.0
21 CLARKE 1500 BURNISHER 7/01/91 1,042.50 0.00 0.00 886.13 104.25 990.38 52.12 S/L 10.0
22 VICTOR 2000 BURNISHER 7/01/96 1,499.00 0.00 0.00 524.65 149.90 674.55 824.45 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 10.0
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 10.0
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 10.0
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 10.0
108 NOBLE SS2001 SPEED SCRUB 11/15/98 3,300.00 0.00 0.00 385.00 330.00 715.00 2,585.00 S/L 10.0
166 ALTO CLARK WET V AC 3/31/00 709.85 O.OOc 0.00 0.00 76.06 76.06 633.79 S/L 7.0
FLOOR MACHINES 13,145.10 O.OOc 0.00 7,512.99 819.59 8,332.58 4,812.52
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 10.0
5 LADDER-WERNER FIBERGLAS 7/01/87 240.00 0.00 0.00 240.00 0.00 240.00 0.00 S/L 10.0
6 LADDER-WERNER FIBERGLAS 7/01/87 68.00 0.00 0.00 68.00 0.00 68.00 0.00 S/L 10.0
7 LADDER-LOUISVILLE FIBERGL 7/01/87 110.00 0.00 0.00 110.00 0.00 110.00 0.00 S/L 10.0
8 (2)LADDER-LOUISVILLE FIBER 7/01/87 156.00 0.00 0.00 156.00 0.00 156.00 0.00 S/L 10.0
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-ALUMINUM 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 10.0
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 EXTEN 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 SPRAYER 7/01/96 150.00 0.00 0.00 52.50 15.00 67.50 82.50 S/L 10.0
44 TANAKA EDGER TLE 550 7/01/87 429.00 0.00 0.00 429.00 0.00 429.00 0.00 S/L 10.0
45 TANAKA HEDGE TRIMMER TH 7/01/87 250.00 0.00 0.00 250.00 0.00 250.00 0.00 S/L 10.0
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 CHAINSA W 7/01/87 140.00 0.00 0.00 140.00 0.00 140.00 0.00 S/L 10.0
51 MTDCHlPPE~SHREDDER5HP 7/01/87 399.00 0.00 0.00 399.00 0.00 399.00 0.00 S/L 10.0
52 STIHL WEEDWHJP FS74 7/01/87 240.00 0.00 0.00 240.00 0.00 240.00 0.00 S/L 10.0
53 FRONTMOUNTCTLAERATOR 7/01/87 945.00 0.00 0.00 945.00 0.00 945.00 0.00 S/L 10.0
54 LAWNBOY 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 EAR T 7/01/87 155.00 0.00 0.00 155.00 0.00 155.00 0.00 S/L 10.0
57 AGRl-FAB BROADCAST SPREA 7/01/96 150.00 0.00 0.00 52.50 15.00 67.50 82.50 S/L 10.0
58 ROYB1410 R TILLER 9/01/96 90.00 0.00 0.00 30.00 9.00 39.00 51.00 S/L 10.0
59 YARD CAR T TOWN/COUNTRY 7/01/87 50.00 0.00 0.00 50.00 0.00 50.00 0.00 S/L 10.0
60 JOHN DEERE 932 FRONTMOWE 4/15/94 17,470.00 0.00 0.00 17,470.00 0.00 17,470.00 0.00 S/L 10.0
-------------------
7720 SALINE COUNTY CITY BUILDING AUTHORITY 03/03/2001 8:32 AM
Book Asset Detail 1/01/00 - 12/31/00 Page 3
FYE: 12/31/2000
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: LAWN EQUIPMENT (continued)
61 TOROS~OOSNOWBLOWER 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 7/01/87 559.95 0.00 0.00 559.95 0.00 559.95 0.00 S/L 10.0
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-lO TRUCK AND 7/01/88 12,017.00 0.00 0.00 12,017.00 0.00 12,017.00 0.00 S/L 10.0
99 TWO ENGINES 7/01/97 18,646.00 0.00 0.00 4,661.50 1,864.60 6,526.10 12,119.90 S/L 10.0
106 STlliL BG-75 BLOWER 7/15/98 152.95 0.00 0.00 22.95 15.30 38.25 114.70 S/L 10.0
114 STlliL CHAINSA W 9/29/97 220.00 0.00 0.00 44.00 22.00 66.00 154.00 S/L 10.0
144 TRAILER 2/28/99 379.99 0.00 0.00 31.67 38.00 69.67 310.32 S/L 10.0
145 LAWNBOY MOWER 12/30/99 409.00 0.00 0.00 0.00 81.80 81.80 327.20 S/L 5.0
146 STlliL BLOWER 12/30/99 169.00 0.00 0.00 0.00 33.80 33.80 135.20 S/L 5.0
LAWN EQUIPMENT 54,281.89 O.OOc 0.00 38,810.07 2,094.50 40,904.57 13,377.32
Location: OFFICE
14 PANSONIC ANSWERING MACI-ll 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 7/01/87 40.00 0.00 0.00 40.00 0.00 40.00 0.00 S/L 10.0
16 COMPUTER DESK 7/01/87 85.00 0.00 0.00 85.00 0.00 85.00 0.00 S/L 10.0
17 IBM 486 COMPUTER, MONITOR 7/01/87 3,023.00 0.00 0.00 3,023.00 0.00 3,023.00 0.00 S/L 10.0
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 S 7/01/97 2,715.27 0.00 0.00 678.82 271.53 950.35 1,764.92 S/L 10.0
147 HP 722 C PRINTER 2/28/99 279.99 0.00 0.00 46.67 56.00 102.67 177.32 S/L 5.0
OFFICE 6,496.26 O.OOc 0.00 4,226.49 327.53 4,554.02 1,942.24
Location: SECURITY SYSTEM
1 SECURlTY SYSTEM 7/01/94 14,421.00 0.00 0.00 7,931.55 1,442.10 9,373.65 5,047.35 S/L 10.0
2 DIGITAL MULTI PLEXER 7/01/96 2,119.00 0.00 0.00 741.65 211. 90 953.55 1,165.45 S/L 10.0
3 MONITOR, RECORDER AND CA 7/01/96 9,180.23 0.00 0.00 3,213.07 918.02 4,131.09 5,049.14 S/L 10.0
110 (4)TOSI-llBA CAMERAS & LENS 5/18/98 2,470.00 0.00 0.00 391.08 247.00 638.08 1,831.92 S/L 10.0
148 (2) MOTOROLA RADIOS 2/28/99 198.00 0.00 0.00 33.00 39.60 72.60 125.40 S/L 5.0
149 RADIO PROGRAMMER 12/31/99 787.00 0.00 0.00 0.00 157.40 157.40 629.60 S/L 5.0
157 ALARMSECURlTYEQUIPMEN 1/31/00 787.00 O.OOc 0.00 0.00 72.14 72.14 714.86 S/L 10.0
161 SECURlTY TL VCR MONITER 5/31/00 2,916.10 O.OOc 0.00 0.00 243.01 243.01 2,673.09 S/L 7.0
167 SANYO CAMERA 11/01/00 2,681.00 O.OOc 0.00 0.00 63.83 63.83 2,617.17 S/L 7.0
169 TOSI-llBA MONITER 12/29/00 799.00 O.OOc 0.00 0.00 0.00 0.00 799.00 S/L 7.0
SECURITY SYSTEM 36,358.33 O.OOc 0.00 12,310.35 3,395.00 15,705.35 20,652.98
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 7/01/87 109.50 0.00 0.00 109.50 0.00 109.50 0.00 S/L 10.0
67 (2) MAKlTA CORDLESS DRILL S 7/01/96 313.96 0.00 0.00 109.90 31.40 141.30 172.66 S/L 10.0
68 MAKlTA RECIPO SAW 7/01/87 120.00 0.00 0.00 120.00 0.00 120.00 0.00 S/L 10.0
69 MAKlTA 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 7/01/87 145.50 0.00 0.00 145.50 0.00 145.50 0.00 S/L 10.0
71 MILWUAKEE 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 0.00 134.00 000 S/L 10.0
- - - - - - - - - - - - - - -
7720 SALINE COUNTY CITY BUILDING AUTHORITY 03/03/2001 8:32 AM
Book Asset Detail 1/01/00 - 12/31/00 Page 4
FYE: 12/31/2000
Date In Book Book See Book Sal Book Prior Book Current Book End Book Net Book Book
Asset . Property Description Service Cost 179 Exp c Value Depree Depreciation Depreciation Book Value Method Period
--
Location: SHOP TOOLS (continued)
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 flG SAW/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 S/L 10.0
77 (2)W1SS0TA STONE GRlNDER 7/01/87 250.00 0.00 0.00 250.00 0.00 250.00 0.00 S/L 10.0
78 DYRACRAFTDroLLPRESSBEN 7/01/87 75.00 0.00 0.00 75.00 0.00 75.00 0.00 S/L 10.0
79 DELTA DroLL 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 BRAlNBRIDGE 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 TABLESAW 10" 7/01/96 350.00 0.00 0.00 122.50 35.00 157.50 192.50 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 25.00 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 FIN 7/01/87 150.49 0.00 0.00 150.49 0.00 150.49 0.00 S/L 10.0
104 LOAD HANDLER LH200M 2/15/98 99.99 0.00 0.00 19.17 10.00 29.17 70.82 S/L 10.0
107 DAREX DroLL DOCTOR 9/15/98 150.00 0.00 0.00 20.00 15.00 35.00 115.00 S/L 10.0
109 DEVILBLISS COMPRESSOR 6.5 11/15/98 339.99 0.00 0.00 39.67 34.00 73.67 266.32 S/L 10.0
168 REDDY KEROSENE HEATER 12/14/00 287.00 O.OOc 0.00 0.00 2.39 2.39 284.61 S/L 10.0
SHOP TOOLS 5,355.81 O.OOc 0.00 4,126.11 127.79 4,253.90 1,101.91
Location: TELEPHONE SYSTEM
164 TELEPHONE CONSULTANT 10/31/00 11,051.51 O.OOc 0.00 0.00 122.79 122.79 10,928.72 S/L 15.0
TELEPHONE SYSTEM 11,051.51 O.OOc 0.00 0.00 122.79 122.79 10,928.72
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 VACUUM-HOOVER PORTABLE 7/01/87 165.00 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 VACUUM-HOOVER BACKPACK 12/18/96 264.50 0.00 0.00 79.35 26.45 105.80 158.70 S/L 10.0
38 VACUUM-CLARKE WET/DR Y 7/01/87 375.00 0.00 0.00 375.00 0.00 375.00 0.00 S/L 10.0
39 VACUUM-NATIONAL SUPERSE 7/01/87 350.00 0.00 0.00 350.00 0.00 350.00 0.00 S/L 10.0
40 VACUUM-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-l 7/01/95 335.75 0.00 0.00 151.11 33.58 184.69 151.06 S/L 10.0
105 MINUTEMAN MPV 14" VACUO 6/15/98 361.40 0.00 0.00 57.22 36.14 93.36 268.04 S/L 10.0
111 HOOVER BACK-PACK VACUO 1/15/97 264.50 0.00 0.00 52.90 26.45 79.35 185.15 S/L 10.0
112 MINUTEMAN VACUUM 1/15/97 361.40 0.00 0.00 72.28 36.14 108.42 252.98 S/L 10.0
113 C.R. LAWRANCE VACUUM 4/15/97 75.00 0.00 0.00 15.00 7.50 22.50 52.50 S/L 10.0
VACUUMS 3,838.78 O.OOc 0.00 2,604.09 166.26 2,770.35 1,068.43
---------------
7720 SALINE COUNTY CITY BUILDING AUTHORITY
Book Asset Detail 1/01/00 - 12/31/00
FYE: 12/31/2000
- - --
03/03/2001 8:32 AM
Page 5
Asset *
Property Description
Date In
Service
Book
Cost
Book See BookS~
179 Exp c Value
Book Prior Book Current Book End Book Net Book Book
Depree Depreciation Depreciation Book Value Method Period
Grand Total 3,269,245.68
O.OOc
0.00 1,407,969.85
64,827.05 1,472,796.90 1,796,448.78