Local Officers
Invited To Attend
Six Institute Of
Gov. Schools
L, law enforcement officers
ban : . fivcd invitations to at
l,ii -fries of six schools for all
Uor.!i Carolina law enforcing of
to be in Chapel Hill this
j oy i: e Institute of Oovern
n?.: ?: cooperation with the FBI
ind 'her agencies.
T. r -ubjecta and dates have
b,r; nounced by Albert Coates.
Dir. r of the Institute, as fol
lo? - icntific Crime Detection.
5c;>' "I' 17-113; Police Records
c. September 24-27: Traf
fic L, Enforcement. October
1 u naffic Engineering. Octo
b. 14 General Law Enforce
ni : Gc'. l er 22 - November 2
pr Executives Conference.
Nov. nnT 3-5.
T1 aining is cper. .o repie
.i?!. , of police departments.
iffices and othe- law en
?o'lcm.-nt agencies in the Sta.e.
T ? cost is for rjom ami
b rn addition to the FBI and
I:i ' staff, instructors for t'ie
six iooIs will be drawn from
tli. - ,[c Highway Pa'rol and Di
visioi of Highway Safety, state
Bu: i of Investigation. State
Hi y and Public Works Com
ir: Yale University Bureau
fo: -.reel Traffic Research and
va us city and county law en
rol ng agencies.
D tor Coates has stressed the
pr.i. ? , al nature of the instruc
tion -be given in these schools.
In a?i v.. lion to the lectures and ex
plana'. ?ns. demonstrations in
modem techniques will be given
by experts, and these will be fol
low.': by actual practice on the
par of class members.
W.i. er Anderson. President of
the N. C. Police Chiefs Associa
tion. C. V. Faulkner. 1943-44 Presi
dent 1 the N. C. Sheriffs Associa
tion. John Aimstrong. State High
way Patrol Commanding Officer.
Thomas L. Cre^kmore. SBI Di
m-Mr. and Edward Scheldt.
Special Agent in charge of the
N >rt and South Carolina divis
ion of the F. B. I., who constitute
th?* ! v-titute of Government's Ad
v;. Beard for Training of Law
Enti : ement Officers, are urging
a aw enforcing agencies to be
rep:< seated in as many of these
school a.s possible.
T: ^e statewide sessions will be
followed by district and local
with instruction by Insti
tu ? staff members and officers
; ??: .ng the meetings in Ohapei
Hill.
Mrs. Docia Byers
Dies At Hospital
F ral services for Mis. Docia
Eyt r ti4 wife of Ben H. Byers
o; Hayesville who died at a Mur
p: >pital Saturday morning.
v.? :- ield at two o'clock Sunday
af - nocn at Union Hill church.
Haye.-ville, with the Rev. Sim
Ma: n of Young Harris, Ga.. offi
ce Burial was in tile church
cemetery.
F.< Dealers were: Leonaid
8m. i. Omar Hendrix, Lonnie
M :.. Henry Dailey. Lyle Ch?ek
ana Fred Henson.
?v iving are the husband, three
soi;.-. Stoy. of Presley. Ga.. Wood
row of Murphy. Dee. with the U
S. army in Prance: four daugh
Mrs. Kate Matherson of
E . "a , Mrs. Sue McClure and
Mrs. Ruth Matherson of Hayes
v ? ??? <ind Mrs. Ethel Hogsed of
Warne.
Iv.e funeral home was in charge
o! an increments.
PERSONALS
Mr. and Mrs. John Campbell
and children, Johnnie and Bill,
returned to their home in Nash
vilh Tenn.. the first of the week,
after a visit here with Mrs. Camp
bell's parents. Mr. and Mrs. R.
C. Mattox.
Miss Josephine Heighway at
tended the funeral of her cousin.
L. E. Mundew in Glouster. Ohio,
last week.
Mrs. E. M. Dunning, who has
been the guest of Mrs. G. W.
Candler, returned to her home in
Atlanta. Tuesday.
Mrs. Ralph Harbin of Maryville.
Tenn.. visited her mother. Mrs.
E. Mauney, last week.
Mrs. Jimmy Ward returned
Monday from a visit with her
sister. Mrs. H. C. McBrayer in
Anderson. S. C.
Mr. and Mrs Edgar Harshaw.
*ho have been at the Harshaw
farm here for the summer, return
ed last week to their home in
Hichmond, Va.
I
? Continued from page 2)
Vital Statistics 150.00 173.50 23.50
Donations 50.00 256.50 ?3> 206.50
Election Expense 66.19 66.19
Contingent 500.00 893.06 393.06
6,164.00 7,724 90 1.639.81
2 Revenue Charges
Tax Commissions 246 10 246.10
Tax Discounts 75.00 147.46 72.46
Tax Releases and Refunds 200.00 1.866.35 1.666.35
275.00 2.259.91 1.984.91
3. Park.' and Cemeteries
Upkeep and Maintenance 750.00 177.50
4. Division of Streets
Labor and Garbage 4.200.00 4.622.21 422.21
Truck Expense 1.000.00 1.800.21 -4? 800.21
Street Lighting 1.400.00
<S?-e lnter-Dep't'l Budget*
Lighting Supplies and Repairs 400.00
See In;er-Dep*t'l Budget)
Street Maintenance 1.200.00 181.26
8.200.00 6.603.68 1.222.42
5. Division of Police
Chief 1.200.00 1.189.03
Policemen 2 675.00 1.874.08
Supplies 2.625.00 2.651.12 26.12
6.500.00 5.714.23 26.12
6. Division of Fire
Firemen 276.00 301.00 25.00
Convention 42.86 42.86
Hose and Expense 550.00 323.68
826.00
1 1 ? Accrued at Beginning of Year
<2> See Inter-Department a 1 Budget
'3> $250.00 Donated To Chamber of Commerce
<4? A Portion of This Expense Accrued In Prior Year
7. Division of Library
Librarian 420.00 480.00 60.00
Books and Supplies 265.00 296.32 31.32
Insurance 40.00 40.00
Lights and Fuel 125.00 125.00
Maintenance 50.00 50.00
900 00 776.32 91.32 215.00
8. Division of Water
Supt. and Labor 3.200.00 3.039.53 160.47
Analysis , 64.00 48.00 16.00
Supplies and Materials 900.00 1.799.18 899.18
Repairs 200 00 262.46 62.46
Meters Repairs 300.00 300.00
Car Expense 296.90 296.90
Pumping Station
Labor 'See Supt. and Lc,bor> 500.00 500.00
Lights "See Inter-Dcp't'l
Budget' 500.00 500.00
5.664 00 5.446.07 1,258.54 1.476 47
9 Division of Capi al Outlay
Fire Equipment .99 .99
Street Impiovements and
Lighting Equipment 300.00 453.50 153.50
New Meters 301.19 301.19
Water and Sewer
Improvements 800.00 800.00
1,100.00 755.68 455.68 800.00
TOTAL GENERAL, FUND
Appropriation 30.379.00 Under Appropriations 6.999.83
Expended and Accrued 30.125.83 Over Appropriations 6.746.66
Budget and
Operating Surplus $ 253.17 $ 253.17
10. Debt Service
Bond Interest 7.847 69 8.330.10 <1) 482.41
Bond Expense 50.00 8.22 41.78
Bond anci Interest Due
December 1 1931 1 .300.00 < 2> 1.300.00
Sinking Fund Contribution 5.857.41 <3> 5.857.41
13.755.10 9.638.32 1,782.41 5.899.19
( 1 ? Accrued Prior Year ? '2> Accrued in 1931 ? <3> No Contribution
made
Summary: Appropriations 13.755.10
Expended 9.638.32 Under Appropriations $4,116.78
INTER-DEPARTMFNTAL BUDGET:
? Electrical Division)
Budget Realized
CREDITS :
Taxes 2.203.14
Contributions
Clerical 600.00
Insurance 202.42
TOTAL CREDITS $3,005.56
CHARGES:
Electric Service 2.030.25
Materials and Merchandise 396.42
TCTAI. CHARGES $2,426.67
$2,426.37
NET BUDGET AND OPERATING SURPLUS:
SUMMAK\ OF RriH.ET OPERATIONS:
INCOME Budge 44.134.10
Realized 43.764.85
Income Deficit 369.25
EXPENSE- Budee; 44.134.10
Expended and Accrued 39.764.15
Expense Surplus 4.369.95
INTER-DEPARTMENTAL? Income 3,005.56
Expended and Committed 2.426.67
Expense Surplus 578.89
NET BUDGET AND OPERATING SURPLUS: (All Funds' $ 4.579.59
( Including Sinking Fund Contribution not Made)
UNCOLLECTED TAXES:
YEAH
' 1927
1928
1929
1930
1931
1932
1933
1 C34
1935
1936
1937
1938
1939
1940
1941
1942
j 1943
lax
Sales Open
Certificate Taxes
621.56
381 48
1087 451.02
17.25 447 94
80.69 482.61
221.19 316.27
138.76 355.92
187.25 402.74
211.14 385.70
263.35 42971
246.12 981.22
338 78 657.10
1.065.81 1,185 54
1 184.38 921 08
1.290.44 814 18
2,328.02 607.28
6.016.10
$ 7,584.05 $15,457.45
CONTRA RESERVES:
lax Sales Ce tificaces $ 7.584.05
Open Taxes $15,457.45
$23,041.50
TAX CHARGE
1943
PROPERTY VALUATION:
POLLS 155
LEVY:
LESS: Adjustments
POLLS
RATE : General .85
Debt Service .85 $1.70
General 50%
Debt Service 50%
I
BONDED INDEBTEDNESS
JULY 1. 1940 MATURITY JULY 1. 1970:
Interest Rate 3% For First Ten Years:
NOTE FUNDING 10.000.00
INTEREST FUNDING - Series * A" and B" 64.589.64
REFUNDING 187.000.00
$261,589.64 $7 847.69
FINANCIAL POSITION ? CAPITAL ACCOUNTS
ASSETS:
STREETS ? Street Improvements 104.463.30
Lighting System 9.145.17
WATER ? Water and Sewer System 131.288.14
Water Shed 5.000.00
Pumping Station 35.763.05 1
EQUIPMENT- -Automotive Streets 1 585.10
Other Street Equipment 197.28
Fire Fighting 7.627.91
Office 1.045.72
PARKS AND PLAYGROUNDS
Cherokee Park Equity "Fairground' 3.892.42
Fort Butler Park 75.00
Pair Ground Improvements 663 84
SUNDRY ? Library Building 9.500.00
Garage 110.67
MINUS: Reservr For Inflation of Property Assets
LIABILITIES:
Bonded Indebtedness ? Exhibit G-IX
CAPITAL SURPLUS :
Excess Of Net Assets Over Liabilities
i
ELECTRIC AL DIVISION ?
ASSETS:
CASH : Imprest Fund
On Deposit ? Exhibit G-II
FINANCIAL POSITION
>00
12.258.84 22.333.84
Reserve
ACCOUNTS RECEIVABLE: Gross Doubtful Net
Customers 4.397.46 315.80 4 081 66
Merchandise md Jobbing 493.68 64 28 429.40
Town of Murphy
Current A C 68.50 68.50
Old A C 1.426.87 1 426.87
Sundry 30.00 30.00
6.036 43
6.416 51
380 08
INVENTORY Peipetual
Merchandise and Supplies
PLANT ACCOUNT
Land and Land RigKs 2.521 00
Building and Structures 3.066.38
Poles. Towers an J Fixtures 24.379.19
Overhead Conductors and Devices 21.374.22
23.073.28
7.522 38
13.306 00
Lir?e Transf< : mr rs
Service Lines to Ccr_sum<Ts
Meiers
Equipment - Office 857.55
Storage and Battery 5.741.29
Transporta.ion 640.00
Stores 38.52
Laboratory 364 41
3.817.73
$32,188 00
7.641.77
67.09 102.951.31
General
Distribution
1.202.70
38,750 00 39.952.70
62.998.61
LESS: Bonded Indebtedness 7-1-43 44 000 00
Minus - Bonds Retired During Year b 500 00 37.500 00
NET EQUITY $25,498.61
$57,686.61
DEFERRED CHARGES
Prepaid Insurance $ 114.78
$57,801.39
LIABILITIES: ? SLRPLl'S:
ACCOUNT? PAYABLE Current
Sundry For Merchandise 3 480.83
OPERATING RESERVES
Customers Deposits 2.361 79
Accrued Interest 657.50
Customers Advances For Construction 191.68
Federal Withholding Tax 59.40 3,270.37
$ 6.751.20
SURPLUS
Surplus Reserves
Capital Contributions 225.00
Consumers Contributions
To Debt Service 24.363 42 24.388 42
Operating Surplus
Ealance 7 1 -43 19.277.94
Applying Operations ? Exhibit E-II
Operating Revenues
For Year 40.075 39
Operating Expenses
For Year 38.891.56
OPERATING PROFIT FOR YEAR 7.183 83 26,461.77 $51,050.19
$57,801.39
OPERATIONS
INCOME
SALE? Residential
Commercial - Small
Commercial - Large
Budget
15.500.00
18.500.0C
8. SCO. 00
Street Highway Lighting 1.400.00
Penalties 500.00
Sund:> and Miscellanous
Amortization 5.600.00
Credit Energy Used By Electrical Div.
R( aii/ed
16.791 62
18.782.16
8,365.69
1.412.36
416.19
109.00
198.37
Over
1.291.62
282.16
12 36
109.00
198.37
Under
134 31
5.600.00
$50,100.00 $46.075 39 $1,893.51 $5,918.12
REVENUE DEFICIT $4,024.61
EXPENSES:
Power Purchased
System Operations
System Maintenance
Meter Reading Accounting Collecting
Worthless Accounts
Office Salaries
General Expense
Injuries and Damages
Stores Expense
Depreciation - Distribution
General
Taxes
Bonds
Bond Interest
Items Applicable To Prior Years
Extraordinary Losses
Operation and Maintenance 7.000.00
Payroll 6.000.00
Accounting and Collecting 1.500.00
Capital Outlay
As Budgeted 2.000.00
Added By Auditor To Balance
The Budget 3o35 00 5.535.00
Budget
18.000.00
800 00
2.230 00
6.500.00
2.535.00
Expended
17,454.25
1.628.57
2.489.78
2.022.35
156.00
1,200.00
1.323.73
210.13
15.05
3.353.66
169 44
2.203.14
Charged
2.427.50
487 .45
? 4.725.41
Against o s Bonds
$50,100.00 $38,891.56
NET OPERATING GAIN FOR THE YEAR: $7,183.83
MEMO: Budget Expcr. iture
Surplus 11.208 44
Minus - Income Deficit 4.024.61 $7,183 83
Plant Obsolesenct
BONDED INDEBTEDNESS
Accruing
ELECTRIC LIGHT BONDS 6": 1944 - 1943
AUGUST 1. 1919 MATURITY $1,000.00 Through 194!'
Balance 7-1-43 7.000.00
Accrued During Yea: 1.000 00
Reti?'cd During Year 1.000.00
Balance 6-30-44 6.000.00 1.000.00
NOVEMBER 1. 1919 MATURITY $1.000 00 Through 194;)
Balance 7-1-43 7.000.00
Accrued During Year 1.000.00
Retired During Year 1.000.00
Balance 6-30-44 6.000.00 1.000.00
JANUARY 15. 1920 MATURITY SI. 000. 00 Through 1948
$2,000.00 1949 and 1950
Balance 7-1-43 10.000.00
Accrued During Year 2.000 00
Retired During Year 2.000.00
Balance 6-30-44 8 000.00 1.000.00
JUNE 1 1920 MAT! i ITY $1,000.00 Through 1950
Balance 7-1-43 7.000.00
Accrued During Yea: 1.000.00
Retired During Year 1.000.00
Balance 6-30-44 6.000 00 1.000.00
AUGUST 1. 1920 MATURITY $1 000 00 Through 1950
Balance 7-1-43 8 000 00
Accrued During Year 1.000 00
Retired During Year 1.000.00
Balance 6-30-44 7.000.00 1.000.00
DECEMBER 1. 1920 MATURITY $500.00 Through 1950
Balance 7-1-43 5.000.00
Accrued During Year 500.00
Reti.ed During Year 500.00 4.500 00 500.00
$37,500.00 *5.500.00
4