Newspapers / The Kings Mountain Herald … / Nov. 7, 1968, edition 1 / Page 4
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f J • , , s - ‘ ■■■■nni ■■ lifei lay, NovemEer 7, 1^68 KINGS MOUNTAIN HERALD. KINGS MOUNTAIN. N. C. Pa IN ACCORDANCE WITH GENERAL STATUE 160 -410.7, THE FOLLOWING SCHEDULES ARE HEREBY PUBUSHED, X I. H. McDaniel, IR., city Treasurer ft CTTY OF KINGS MOUNTAIN, KINGS MOUNTUN. NOBTH CJUIOUNA BALANCE SHEET, ALL FUNDS lUNE 30,19a SCHEDULE A ASSETS Currant Operating Funds: Cash: On deposit 513,^1.52 Petty fund Securities: Kings Mountain Savings and L.oan Association . Home Savings and Loan Association Accounts receivable: L^bor, material and equipment rental Street assessments 9,857.21 Due from Clerk of Recorders Court Refundable N. C. sales tax Water ; Electricity Gas Less: Reserve for loss ( Taxes receivable: Uncollected items Land sales 1,316.61 Less: Reserve for loss ( 8,141.35) Due from Water Bond Fund Total Current Operating Fund Assets $14,001.52 Cemetery Perpetual Care Fund: Cash on deposit Refundable N. C. sales tax Less: Reserve for loss Securities: Kings Mountain Savings and Loan Association Home Savings and Loan Association Total Cemetery Perpetual Care Fund Assets .. Capitol Assets — Estimoted Volue (Schedule 1) .... Genual Bonded Debt Fund: Amount to be provided for payment of bonds in future ycass Bond Funds: Cash on deposit LIABILITIES Cutrent Operating Funds: Vouchers payable Customers’ deposits — water and lights Customers’ deposits — gas Totol Current Operoting Fund Liabilities General Bonded Debt Fund: i Bonds payable (Schedule 2) Bond Funds: Due to Capital Outlay Fund Reserve for Encumbrances, Fund Balance and Investment in Capital Assets: (Exhibit “B”) Reserve for encumbrances Invested in capital assets Unavailable fund balance (Note 2) Available|und balance Total Reserve for Encumbrances. Fund Balance and Investment in Capital Assets Total Liabilities. Reserve for Encumbrances. Fimd Cemetery General Sewer Water Outond vautiw Cuitnl Debt Perpetual Bonded Bond Bond Fund fund Oullar Service BecMotiea Core 1 Capital Debt Fund Fund . $13,801.52 $166,481.43 $51,525.74 $31,850.06 $20,006.59 $49,446.75 $4,146,518.98 $1,370,000.00 $815,882.34 $17,367.90 . 200.00 600.00 20,000.00 1,500.00 . . 22,500.00 1,500.00 354.92 . 9,857.21 . 1,267.45 106.17 . 1,534.89 1,896.28 2,528.56 377.63 15,542,01 48,797.36 50,266.69 377.63 .( 13,014.47) ( 114,608.51) ( 2,528.56) ( 377.63)) 6,824.74 8,467.49 4,938.09 1,276.75 . 1,316.61 2,746.89 1,079.33 284.48 . ( 8,141.35) (11 .214.38) ( 6,017.42) ( 1,561.23) 25,000.00 $14,001.52. $209,581.43 $79,525.74 $31,850.06 $20,006.59 $10,446.75 31.26 ( 31.26) 20,5(X).00 18,500.00 .$49,446.75 .$4,146,518.98 $1,370,000.00 $14,001.52 $209,581.43 $79,525.74 * $31,850.06 $20,006.59 $49,446.75 $4,146,518.98 $1,370,000.00 $815,882.34 .$815,882.34 $17,367.90 $17,367.90 General fund DtiliUes Fund Capitol Outlay Debt Service Recreation Cemetery Perpetual Cate Capital General Bonded Debt ■*ewer Bond Fund Water Bond Fund $ 140.83 $ 140.83 $ 16,909,78 38,179.00 15,000.00 $ 70,088.78 i . $1,370,000.00 $25,000.00 $13;860.69 $139,492.65 $ 3,000.00 $76,525.74 $31,850.06 $20,006.59 ,$49,446.75 $4,146,518.98 $815,882.34 ($ 7,632.10) $13,860.69 $139,492.65 $76,525.74 $31350.06 $20,006.59 $49,446.75 $4,146,518.98 $1,370,ofio.oo $815,882.34 ($ 7,632.10) $14,001.52 $209,581.43 $79,525.74 $31,850.06 $20,006.59 $49,446.75 $■4,146,518.98 $815,882.34 $17,367.90 SCHEDULE B STATEMENT OF REVENUES BY FUNDS: GENERAL FUND UTILITIES FUND CAPITAL OUTLAY FUND DEBT SERVICE FUND CEMETERY PERPETUAL CARE FUND RECREATION FUND SEWER BOND FUND TOTAL REVENUE STATEMENT OF DISBURSEMENTS: ADMINISTRATIVE DEPARTMENT STREET DEPARTMENT SANITATION DEPARTMENT POLICE DEPARTMENT FIRE DEPARTMENT CEMETERY DEPARTMENT GENERAL EXPENSE UTILITIES FUND CAPITAL EXPENDITURES DEBT SERVICE FUND CEMETERY PERPETUAL CARE RECREATION FUND SEWER BOND ACCOUNT WATER BOND ACCOUNT TOTAL DISBURSEMENTS $ 139,412.47 1,088,020.00 130,625.16 58,455.69 4,938.69 33,707.09 1,000,870.84 2,456,029.94 44,402.68 95,609.19 42,020.74 92,623.32 27,656.61 13,738.27 113,307.03 680,341.00 165,809.91 39,218.63 1,052.01 22,525.29 Bonded Indebtedness June 30,1968 SCHEDULE C V Balance Designation Date Rate Maturin 6-30-68 Recreation facilities 5-1-54 2'/i% $10,000.0{) 5-y68 I Recreation facilities 5-1-54 10,000.00 5-1-69 to 1974 $ ’’55,000 (K) Recreation facilities 5-1-54 2% 5,000.00 dl-lb \5,0()0.0(1 Water and sewer 5-1-54 2Vj % 10,000.00 A-1-68 ) Water and sewer 5-1-54 2!/.% 20,000.001 (5-1-69 to 1974 12a000.(K) Water and sewer 5-1-54 2% 20,000.0(/ 5-1-75 to 1984 190,000.00 Sanitary sewer 4-1-68 40,000.if» 4-1-69 to 1977 360,(KKJ.00 Sanitary sewer 4-1-68 40,(X)OiO 4-1-78 to 1982 200,000.00 Sanitary sewer 4-1-68 4%% 40,o(yoo 4-1-83 to 1992 400,000.00 Sanitary sewer 4-1-68 3% 40,(wm 4-1-93 40,000.00 $1,370,000.00 SCHEDUKD STA’TEMENT OF ASSESSED VA] LEVIES. AND UNCOLLECTED TA] 1966-67. AND 1965-66: I J FATIONS. TAX RATES. TA :S FOR FISCAL YEARS 1967-68. 184,988.50 1967-68 $26,098,938.00 f85 .$221,840.97 $10,530.11 7,632.10 1966-67 23,116,466.00 ASS 196,489.96 4,180.43 1,530,935.28 ,^^-66 21,490,612.00 / 0.85 182,670.21 3,269.07
The Kings Mountain Herald (Kings Mountain, N.C.)
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Nov. 7, 1968, edition 1
4
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