CAFR FY1982KODIAK ISLAND BOROUGH
FINANCIAL STATEMENTS
YEAR ENDED JUNE 30, 1982
with
REPORT OF CERTIFIED PUBLIC ACCOUNTANTS
fl
CONTENTS
Exhibit Page
Report of certified public accountants 1
Combined financial statements
Combined balance sheet - all fund types
and account groups 2- 3
Combined statement of revenues, expenditures
and changes in fund balances - all
governmental fund types 4- 5
Combined statement of revenues, expenditures
and changes in fund balances - budget and
actual - general, special revenue and
debt service funds 6- 7
Notes to financial statements
8 -18
Combining and individual fund financial statements
General Fund
Balance sheet
A -1
19
Statement of revenues, expenditures
and changes in fund balance -
budget and actual
A -2.
20 -30
Special Revenue Funds
Combining balance sheet
B -1
31
Combining statement of revenues,
expenditures and changes in fund
balances
B -2
32
Land Sales Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual
B -3
33
Service District Funds:
Fire District Number 1 Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual
B -4
34
CONTENTS
(Continued)
Exhibit Page
Special.Revenue Funds (continued)
Service District Funds (continued):
! Xarluk Fire District Fund:
Statement of revenues, expenditures
and changes in fund balance -
f budget and actual B -5 35
Roads and Utility Improvements
District Number 1 Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual B -6 36
Bell Flats Road Improvements District Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual B -7 37
Intergovernmental Grants and Contracts:
Mental Health Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual B -8 38
Federal Shared Revenues Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual B -9 39
_ Energy Grant Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual B -10 40
Education Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual B -11 41 -42
i
CONTENTS
(Continued)
Exhibit
Page
Debt Service Funds
Combining balance sheet
C -1
43
Combining statement of revenues,
expenditures and changes in
fund balances
C -2
44
Hospital Bond Debt Service Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual
C -3
45
School Bonds Debt Service Fund:
Statement of revenues, expenditures
and changes in fund balance -
budget and actual
C -4
46
Capital Projects Funds
Combining balance sheet
D -1
47
Combining statement of revenues,
expenditures and changes in
fund balances (deficit)
D -2
48
KODIAK ISLAND BOROUGH
COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
June 30, 1982
ASSETS
Cash and investments:
Equity in central treasury
(Note 2A)
Other cash balances
Temporary cash investments
(Note 2B)
Accounts receivable:
Property taxes receivable,
net of allowance for
uncollectibles of $30,000
(Note 8)
Due from Federal government
Due from State of Alaska
Land contracts due within
one year
Other accounts receivable
Other assets:
Inventories (Note 1F)
Land contracts due after
one year
Amount available in debt
service funds
Amount to be provided for
long -term debt
Fixed assets
Construction in progress
Total assets
Continued
Governmental Fund Types
Special Debt
General Revenue Service
$4,787,391 $ 327,700 $180,438
2,024 126,249 -
- 692,801 255,000
1,522,507
- 202,635 -
633,005 999,616 -
- 49,860 -
80,872 88,272 -
- 189,210 -
- 1,952,243 -
$7,025,799 $4,628,586 $435,438
See accompanying notes.
-2-
Account Groups
General General Total
Capital Fixed Assets Long -Term (Memorandum
Projects (Unaudited) Debt Only)
$ 2,313,338 $
277
8,000,000 -
178,631 -
258,831
152,622 -
- 17,081,115
- 11,183,980
$10,903,699 $28,265,095
$ - $ 7,608,867
- 128,550
- 8,947,801
- 1,522,507
- 381,266
- 1,891,452
- 49,860
- 321,766
- 189,210
- 1,952,243
435,438 435,438
14,954,562 14,954,562
- 17,081,115
- 11,183,980
$15,390,000 $66,648,617
t
KODIAK ISLAND BOROUGH
COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
(Continued)
June 30, 1982
LIABILITIES AND
l FUND BALANCES
Amount overdrawn on central
treasury (Note 2A)
Accounts and contracts payable,
including retainage
Accrued liabilities
Deferred revenue
Long -term debt payable (Note 6)
Total liabilities
Fund balances:
Investment in general
fixed assets
Reserved for encumbrances
Unreserved:
Designated for working capital
Designated for debt service
Designated for subsequent
year's expenditures
Undesignated
Total fund balances
Total liabilities
and fund balances
Governmental Fund Types
Special Debt
General Revenue Service
$ - $ 196,422 $ -
36,361 127,974
63,496 970,695 -
1,457,383 2,037,426
1,557,240 3,332,517
44,636
265,375 -
900,000
- -
2,511,500
- -
482,450
206,962 435,438
1,529,973
823,732 -
5,468,559
1,296,069 435,438
$7,025,799 $4,628,586 $435,.438
See accompanying notes.
-3-
Account Groups
General General Total
Capital Fixed Assets Long -Term (Memorandum
Projects (Unaudited) Debt Only)
$ 271,252 $ -
1,627,283
3,913 -
1,750,615
3,653
- 28,265,095
6,009,285 -
$ $ 467,674
1,791,618
1,038,104
- 5,245,424
15.390.000 15.390.000
15,390,000 23,932,820
28,265,095
6,319,296
900,000
2,511,500
1,241,351
7,250,636 28,265,095
$10,903 $28,265,095
2,366,201
2,353,705
42,715,797
$15,390,000 $66,648,617
KODIAK ISLAND BOROUGH
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - ALL GOVERNMENTAL FUND TYPES
For the year ended June 30, 1982
Revenues (Note 1B):
Property taxes
Intergovernmental:
Federal
State of Alaska
Land sales proceeds received
Licenses, permits, fees and
other local revenue
Building rent
Revenue from investments
and property
Total revenues
Other financing sources:
Operating transfers in
Total revenues and
other financing
sources
Continued
Governmental Fund
Types
Special
Debt
General
Revenue
Service
$2,236,368
$ 140,093
$ -
1,387
1,227,832
-
2,701,874
12,028,496
-
-
151,534
-
22,233
445,441
-
110,020
-
-
892,206
264,086
35,208
5,964,088
14,257,482
35,208
691 922 1,134,999
5,964,088 14,949,404 1,170,207
See accompanying notes.
-4-
Total
Capital (Memorandum
Projects Only)
$ - $ 2,376,461
63,895 1,293,114
1,026,187 15,756,557
- 151,534
467,674
- 110,020
1,538,535 2,730,05
2 22,885,395
536,495 2,363,416
3,165,112 25,248,811
KODIAK ISLAND BOROUGH
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - ALL GOVERNMENTAL FUND TYPES
(Continued)
For the year ended June 30, 1982
Expenditures:
Borough assembly
Legal department
Capital improvements
Manager's department
Clerk's department
Finance department
Assessment department
Planning and community
development
Engineering department
Health and sanitation
Data services
Outer continental shelf
Coastal zone management
Buildings and grounds
General administration
Education
Debt service
Total expenditures
-i Other financing uses:
Operating transfers out
Total expenditures
and other
financing uses
Excess (deficiency) of revenues
and other financing sources
over (under) expenditures
and other financing uses
Fund balances, July 1, 1981
Equity transfer
Fund balances, June 30, 1982
Governmental Fund Types
Special Debt
General Revenue Service
$ 29,230 $ - $
91,368 -
- 343,440
104,563 -
126,024 -
125,584
142,591 -
152,368
131,118
710,644
208,451
25,968
125,102
275,157
157,399
229,525
593,444
67,600
12, 663,139
13,667,623
1,915,587
1,915,587
2,635,092
1,258,047 713,817 -
3,893,139 14,381,440 1,915,587
2,070,949
3,407,234
(9,624
$5,468,559
See accompanying notes.
567,964 (745,380)
718,481 1,180,818
9,624
$ 1,296,069
$ 435,438
-5-
Capital
Projects
$ r
r
7,702,336
117,620
r
r
7,819,956
Total
(Memorandum
Only)
$ 29,230
91,368
8,045,776
104
126,024
125,584
142,591
863,432
131,118
778,244
208,451
25,968
125,102
275,1,57
157,399
12,892,664
1.915.587
26,038,258
391,552 2,363,416
8,211,508 28,401,674
(5,046,396) (3,152,863)
12,297,032
$ 7,250,636
17,603,565
$14,450,702
KODIAK ISLAND BOROUGH
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS
For the year ended June 30, 1982
Revenues (Note 1B):
Property taxes
Intergovernmental:
Federal
State
Land sales proceeds received
Licenses, permits, fees and
other local revenue
Building rent
Revenue from investments
and property
Total revenues
Other financing sources:
Operating transfers in
Total revenues and
other financing
sources
Continued
I
General Fund
Variance -
Favorable
Budget Actual (Unfavorable)
$2,217,320 $2,236,368 $ 19,048
2,180 1,387 (793)
1,992,550 2,701,874 709,324
13,700 22,233 8,533
110,040 110,020 (20)
713,210 892,206 178,996
5,049,000 5,964,088 915,088
5,049,000 5,964,088 915,088
See accompanying notes.
-6-
Special Revenue Funds
Variance
Favorable
Budget Actual (Unfavorable)
$ 138,850
$ 140,093
$ 1,243
1,127,424
1,227,832
100,408
12,233,019
12,028,496
(204,523)
195,390
151,534
(43,856)
269,291
445,441
176,150
54,000
264,086
210,086
14,017,974
14,257,482
239,508
_ 1,380,629
691,922
(688,707
Debt Service Funds
Variance -
Favorable
Budget Actual (Unfavorable)
35,208 35,208
35,208 35,208
1,934,830 1,134,999 (799,831
15,398,603 14,949,404 (449,199 1,934,830 1,170,207 (764,623
KODIAK ISLAND BOROUGH
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS
(Continued)
For the year ended June 30, 1982
Expenditures:
Borough assembly
Legal department
Capital improvements
Manager's department
Clerk's department
Finance department
Assessment department
Planning and community
development
Engineering department
Health and sanitation
Data services
Outer continental shelf
Coastal zone management
Buildings and grounds
General administration
Education
Debt service
Total expenditures
Other financing uses:
Operating transfers out
Total expenditures
and other
financing uses
Excess (deficiency) of
revenues and other
financing sources over
expenditures and other
financing uses
Fund balances, July 1, 1981
Equity transfer
Fund balances, June 30, 1982
3,407,234
(9,624
$5,468,559
See accompanying notes.
General Fund
Variance -
Favorable
Budget Actual (Unfavorable)
$ 44,000
107,000
158,700
156,524
136,190
149,074
$ 29,230
91,368
104,563
126,024
125,584
142,591
$ 14,770
15,632
54,137
30,500
10,606
6,483
171,910
171,794
687,700
230,610
50,000
115,000
566,500
165,803
275,505
3,186,310
152,368
131,118
710,644
208,451
25,968
125,102
275,157
157,399
229,525
2,635,092
1,862,6.90 1,258,047
5,049,000 3,893,139
$ - 2,070,949
19,542
40,676
(22,944)
22,159
24,032
(10,102)
291,343
8,404
45,980
551,218
604,643
1,155,861
$2,070,949
-7-
Special Revenue Funds
Variance -
Favorable
B_ udget Actual (IInfavorable)
679,500 343,440
342,000 593,444
a a
442,741 67,600
a _
13,466,105 12,663,139
14,930,346 13,667,623
336,060
(251,444)
375,141
802,966
1,262,723
713,817 713,817 -
15,644,163 14,381,440 1,262,723
(245,560 567,964 $ 813,524
718,481
9,624
$ 1
Debt Service Funds
Variance -
Favorable
Budget Actual (Unfavorable)
1,934,830 1,915,587 19,243
1,934,830 1,915,587 19,243
1,934,830 1,915,587 19,243
$ - (745,380) $ (745,380
1,180,818
$ 435,438
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
June 30, 1982
1. Significant Accounting Policies
A. Basis of Presentation
The Kodiak Island Borough (Borough) is organized to
perform the municipal duties allowed by Alaska Statutes and as
directed by its residents. The financial results of the recur-
ring activities performed directly by the Borough are accounted
for in the funds of the Borough. As discussed in the following
paragraphs, the Borough delegates and contracts with various
related entities to fulfill certain of its functions.
The Borough has delegated the operating responsi-
bility for public education to the Kodiak Island Borough School
District (School District). In accordance with statutes, the
Borough retains ownership of the educationally related fixed
assets and incurs the debt, if necessary, to fund the acquisi-
tion and construction of the school facilities. The Borough
and the School District maintain separate accounting records
of financial activity. The Borough includes the consolidated
financial statement of the School District as a Special Revenue
Fund in this financial statement.
The Borough conducts a mental health services program
by terms of a contract with the State of Alaska. The operating
activity of this program is subcontracted to the Kodiak Aleutian
Mental Health Center. All operating activity and resultant
financial position of this program is presented in.a Special
Revenue Fund in this financial statement.
The Borough owns the Kodiak Island Borough Hospital
(Hospital) and related furnishings. The Borough has contracted
the Hospital's operating activities to the Lutheran Hospitals
and Homes Society of America. By terms of that agreement, oper-
ating losses sustained (as contractually defined), if any, are
the ultimate responsibility of the Borough. Annual contribu-
tions, as well as direct payment for certain insurance and equip-
ment and plant repairs, are made by the Borough to subsidize
the Hospital's financial operations. These contributions and
direct payments are recorded as expenditures of the Borough's
General Fund. The comprehensive financial position and opera-
ting results of the Hospital are not included in this financial
statement.
-8-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
1. Significant Accounting Policies (Continued)
B. Basis of Accountin
The accounts of the Borough are organized on the
basis of funds, each of Which is considered a separate account-
ing entity. The resources of the Borough are allocated to and
accounted for in individual funds based upon the purposes for
which they are to be spent and the means by which spending
activities are controlled. 'All funds of the Borough are cate-
gorized as "governmental funds" to which the modified accrual
basis of accounting applies.
Pursuant to the modified accrual basis of accounting,
expenditures (including accumulated employee leave with cash
value) are reflected in the year in which the liabilities for
goods and services are incurred, except principal and interest
on long -term debt is recognized when due.
Also, pursuant to this basis of accounting, material
revenues which are both measurable and available are accrued,
other revenues are recorded on the cash basis. Summarized below
are the major sources of revenue and the applicable recognition
policies.
Property taxes
Real and personal property tax revenue is recog-
nized in the fiscal year to which it relates and in which
it becomes collectible.
Intergovernmental revenue
State of Alaska Shared Revenues, State of Alaska
Municipal Assistance, Federal Shared Revenue and various
State education related entitlement programs and State
levied taxes (the proceeds of which are distributed to
local governments) are recorded in the fiscal year to
which they relate, including accrual at year end of final
payments due within approximately two'to three months
after year end.
State of Alaska and Federal governmental cost
reimbursable grants and contracts (including grants for
construction) are recorded to the extent of allowable
expenditures in the period in which the expenditures
were incurred.
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
1.
Significant Accounting Policies (Continued)
B. Basis of Accounting (Continued)
Revenue from investments and property
Amounts earned on investment of available cash
balances and the rental of building facilities are record-
ed in the period to which they relate, including accrual
at -year end of balances due. All year end accruals at
June 30, 1982 are due within approximately two to three
months of year end.
Land sales proceeds and other local revenue
Amounts received pursuant to land sale con-
tracts (long -term in nature) are recorded on the cash basis.
Other local revenues are recorded on a basis consistent
with their nature in relation to measurement and availa-
bility standards.
C. Fixed Assets and Long -Term Liabilities
Annual payments of principal and interest on long-
term obligations are recorded as expenditures in the Debt
Service Funds in the year of payment.
The long -term liabilities owed by the Borough and
fixed assets owned by the Borough are presented in the Long -
Term Debt Group of Accounts and General Fixed Asset Group of
Accounts, respectively. These account groups are not "funds,"
as they reflect only the measurement of financial position
and do not reflect measurement of the results of operations.
Acquisition and construction of fixed assets are
reflected as expenditures in the appropriate fund to which such
transactions relate.
-10-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
1. Significant Accounting Policies (Continued)
D. Budgets
The annual Borough budget is prepared by management
in the spring, preceding the fiscal year to which it relates.
The budget is submitted to the Assembly for review and approval.
Legal enactment of the budget is obtained through passage of a
Borough ordinance.
Amendments to the budget can occur anytime during the
fiscal year through Assembly action. An Assembly resolution is
required as authorization to transfer budgeted amounts between
line items in each fund. Revisions that alter total expendi-
tures of a fund must be authorized by ordinance.
The budgeting basis used by the Borough is consistent
with generally accepted accounting principles. All funds are
budgeted on an annual basis encompassing a fiscal year, except
the budgets of Capital Project Funds generally encompass the
period of project completion which is generally greater than
one year.
E. Encumbrances
Encumbrance accounting, under which purchase orders,
contracts and other commitments for the expenditure of monies
are recorded in order to reserve that portion of the applicable
appropriation, is employed as an extension of formal budgetary
integration in the General Fund, Special Revenue Funds, and
Capital Projects Funds. Encumbrances outstanding at year end
are reported as reservations of fund balances since they do not
constitute expenditures or liabilities.
F. Inventory
Expendable operating supplies of the Borough (except
as discussed in the succeeding paragraph) are recorded on the
purchases method and at June 30, 1982, there was no significant
amount of such items.
Expendable operating supplies of the School District,
consisting primarily of teaching, maintenance and food supplies,
are recorded on the usage basis. These inventories are valued
at the lower of average cost or market, except USDA food inven-
tory (acquired at nominal price) is recorded at replacement
cost.
-11-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
1. Significant Accounting Policies (Continued)
G. Investment Earnings
Earnings from common investments of the central
treasury are credited to the General Fund. Earnings from spe-
cifically identifiable investments are credited to the fund to
which the investment relates.
H.- Retirement Plans
All full -time employees of the Borough and School
District participate in either the Public Employees' Retirement
System (PERS) or the Teachers' Retirement System (TRS). The
Borough and School District accrue pension expense which in-
cludes current costs and amortization of prior service costs.
The policy is to fund pension cost accrued.
I. Total Columns on Combined Financial Statements
Total columns on the Combined Financial Statements
are captioned Memorandum Only to indicate that they are pre-
sented only to facilitate financial analysis. Data in these
columns is not comparable to a consolidation, nor does the data
present financial position, results of operations, or changes
in financial position in conformity with generally accepted
accounting principles, because'interfund eliminations and other
adjustments have not been made in the aggregation of this data.
2. Cash and Temporary Investments
A. Central Treasury
The cash transactions of the Borough's funds are trans-
acted primarily in a single checking account. Cash carried in
this central account, in excess of operating needs, is invested
in temporary certificates of deposit or similar short -term in-
vestments. A summary of central treasury cash balances by
depository at June 30, 1982 is as follows:
-12-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
j (Continued)
( June 30, 1982
2. Cash and Temporary Investments (Continued
A. Central Treasury (Continued)
Bank balance
Repurchase agreements
(11.00% annual return)
Time certificates of deposit
(14.2% average annual return)
Special
Debt
Capital
Revenue
Service
Projects
Total Funds
Fund
Fund
B. Specific Cash Investments
Investments have been made by the Borough and identi-
fied by the specific source of their funding. A summary of
these investments at June 30, 1982 is as follows:
Time certificate of
deposit (13.68%
average annual
return)
{ Time certificate
of deposit
(14.375% annual
return)
Time certificates
of deposit
(14.66% average
annual return)
Totals
$ 692,801 $692,801 $
255,000 -
$ 41,193
1,100,000
6,000,000
$7,141,193
255,000 -
8,000,000 - - 8,000,000
$8,947,801 $692,801 1255,000 $8,000,000
-13-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
3.
4.
Annual Appropriation to the School District
An annual appropriation is made to the School
District in order to provide the School District with total
resources in a fiscal year equal in amount to the expenditures
and encumbrances incurred (excluding the net effect of student
generated financial activity). That portion (an amount of
$649,643 in the year ended June 30, 1982) of the annual budgeted
appropriation in excess of the amount necessary to balance the
School District's total annual resources to its annual expendi-
tures and encumbrances (excluding the net effect of student
generated financial activity) lapses to the Borough at'year end.
In addition to the annual appropriation, the Borough
provides the School District, without charge, general liability
and property insurance and the annual independent audit.
Kodiak Island Borough Hospital Appropriation
By terms of the operating agreement with the Lutheran
Hospitals and Homes Society of America, the Borough is ultimate-
ly responsible for operating losses (as contractually defined),
if any, sustained by the Kodiak Island Borough Hospital.
Shared revenue received by the Borough from the State
of Alaska includes $249,662, required to be passed through to
the Hospital. The Borough recorded this amount as intergovern-
mental revenue and the pass- through as an expenditure of health
and sanitation. The operating results summarized below do not
include the $124,662 of shared revenues distributed to the
Hospital for the period January 1, 1982 through June 30, 1982.
The unaudited financial statements of the Hospital
at June 30, 1982 and for the six months then ended reflect the
following:
Excess of expenses over
revenue, before depreciation $ 94,989
Excess of expenses over
revenue, after depreciation $ 163,403
Fixed assets, net $3,026,650
Total assets $4,133,679
Fund balance (including
Borough equity in fixed
assets) $4,013,039
-14-
KODIAB ISLAND BOROUGH
? NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
5. Retirement Plans
Total pension expense under PERS and TRS, relating to
employees of the Borough and School District for the year ended
June 30, 1982 is as follows:
Borough School District
PERS $114,155 $307,007
TRS - 486,338
$114,155 $793,345
The School District's portion of the actuarially com-
puted value of vested benefits over the total of pension fund
assets for TRS is not available, as all employer contributions
are commingled. As of June 30, 1981, the accrued benefit fund-
ing ratio of TRS was 79.1 %.
The actuarially computed value of the Borough's and
School District's unfunded liability (present value of accrued
benefits over adjusted assets) for PERS was $12,241 and
$405,097, respectively, at June 30, 1981.
Contributions to these plans are a percentage of
eligible gross wages made by both the employer and employee
as follows:
1981 -82 1982 -83
Borough School District Borough School District
PERS PERS TRS PERS P_ ERS TRS
Employee 4.25% 4.25% 7.00% 4.25% 4.25% 7.00%
Employer 12.54 13.78 8.42 12.54 13.78 8.45
Total 16.79% 18.03% 15.42% 16.79% 18.03% 15.45
-15-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
t
6. Long -Term Debt
A. Summary
The following
is a summary of
long -term
debt transac-
tions for the year ended
June 30, 1982:
Bonds
Balance due,
(Principal)
Balance due,
July 1, 1981
Retired
June 30, 1982
[ General Obligation Bonds:
Term Bonds:
1967 Hospital bond,
due 1987 (4.875%
annual interest
rate)
$ 300,000
$ -
$ 300,000
Serial Bonds:
1965 School bond
(annual interest
rates of 3.625%
to 3.875 %), due
in installments
to 1985)
100,000
25,000
75,000
1967 School bond
(annual interest
rates of 5.00% to
5.75 %) due in in-
stallments to 1988
350,000
50,000
300,000
1974 School refunding
bond (annual inter-
est rates of 5.0%
to 5.7 %) due in
installments to
1985
860,000
145,000
715,000
1974 School refunding
bond (annual inter-
est rates of 7.25 %)
due in installments
from 1986 to 1992)
1,900,000
-
1,900,000
1980 School bond
(annual interest
rate of 7.3% to
9.0 %) due in
installments
to 2001
12,100,000
-
12,100,000
Totals
$15,610,000
$220,000
$15,390,000
-16-
E
4
ri
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30 1982
6. Long -Term Debt (Continued)
B. Refunding Bonds
During 1974 and 1975, the Borough defeased existing
bonds by utilizing the proceeds of bonds then issued. The pro -
ceeds from the "refunding bonds" (issued in the amounts of
$4,000,000 and $2,325,000) have been invested in U.S. Govern-
ment securities at an interest rate which will result in a
return of proceeds that, when added to the securities' principal
balances, will be sufficient to meet the interest and principal
requirements of the defeased bonds.
The investments in the securities and the current
obligations of the defeased bonds are not reflected in the
financial statements. A summary of the investments held in
trust and the current obligations of the defeased bonds is
summarized below.
Bond Principal Investments
Outstanding, Held in Trust,
June 30, 1982 June 30, 1982
1972 School bond (5.5% to 6.75 %)
due in installments to 1993 $2,835,000
1974 "A" School bonds (5% to
5.7%) due in installments
to 1990 2,150,00
$4,985,000
* Seattle First National Bank as Trustee
** Central Bank of Denver as Trustee
C. unissued Bonds
$2,918,347 *
2,004,157 **
$4,922,504
The Borough has unissued bonds for future school im-
provements in the amount of $16,900,000 authorized by the 1979
referendum. An issue of $7,400,000 of bonds for junior high
school renovation is planned for the Borough's 1983 fiscal year.
-17-
KODIAK ISLAND BOROUGH
NOTES TO FINANCIAL STATEMENTS
(Continued)
June 30, 1982
6 .
Long -Term Debt (Continued)
D. Scheduled Maturities
The aggregate maturities of-long-term debt, excluding
defeased bonds, to maturity is as follows:
1983
$ 515,000
1984
550,000
1985
610,000
1986
630,000
1987
960,000
1988 - 1992
3,925,000
1993 - 1997
4,030,000
1998 - 2001
4,170,000
$15,390,000
7.
8 .
Contingencies
The contractor for the Main Elementary School con-
struction has asserted a claim for delay damages of approximate-
ly $400,000. It is the opinion of management and legal counsel
that this claim can be settled favorably for the Borough. No
provision for loss has been recorded in these financial state-
ments.
Property Taxes
Property taxes are levied on the assessed value of
taxable property as of January 1. Pursuant to Alaska Statutes
Title 29.53.170, the Borough establishes the mill rate on or
before June 15. Tax bills are payable in two installments
on August 15 and October 15. Borough property tax revenues
are recognized in the fiscal year in Which they become
collectible.
At June 30, 1982, the 1982 real and personal property
tax levy of $1,457,383 is reflected as deferred revenue of the
General Fund.
Subsequent Events
Effective July 1, 1982, the Borough will assume
responsibility for operation, maintenance and billing of water
and sewer services for residents of Roads and Utility Improve-
ments Service District Number 1.
-18-
enMRTNTNG AND INDIVIDUAL FUND FINANCIAL STATEMENTS
General Fund
The General Fund is the general operating fund of
the Borough. It is used to account for all financial resources
except those designated or required to be accounted for in
another fund.
w
KODIAK ISLAND BOROUGH
GENERAL FUND
BALANCE SHEET
June 30, 1982
ASSETS
Cash and investments:
Equity in central treasury
Other cash balances
Total cash and investments
Accounts receivable:
Property taxes receivable:
1982 Borough role due
in fiscal year 1983
Delinquent taxes due (net of allowance
for uncollectibles of $30,000):
Due from State of Alaska
Other accounts receivable:
1 Accrued interest
Other accounts receivable, $29,630,
less allowance for doubtful
accounts of $29,147
Total accounts receivable
Total assets
LIABILITIES AND FUND BALANCE
I
Accounts and contracts payable:
Taxes collected in advance
Other
Accrued liabilities
Deferred revenue:
1982 Borough tax role, area wide
1982 Borough tax role, service districts
Total liabilities
Fund balance:
Reserved for encumbrances
Unreserved:
Designated for working capital
Designated for debt service
Designated for subsequent
year's expenditures
Undesignated
Total fund balance
Total liabilities and fund balance
$1,457,383
65,124
80,389
$7,025,799
$ 1,158
35,203 $ 36,361
63,496
1,373,383
84,000 1,457,383
1,557,240
EXHIBIT A -1
$4,787,391
2,024
4,789,415
1,522,507
633,005
483 80,872
2,236,384
44,636
900,000
2,511,500
482,450
1,529,973
5,468,559
$7,025,799
M-C'M
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Property taxes:
General property
Penalty and interest
Payment in lieu of taxes
Budget Actual
$1,844,100
30,000
343,220
2,217,320
$1,865,603
30,425
340,340
2,236,368
Intergovernmental:
Federal government
State:
State Shared Revenue
Hospital equipment grant
Coastal Zone
Management grant
Day care grant
Outer Continental
Shelf grant
Comprehensive
planning grant
Municipal Assistance
Raw Fish tax
Electric Co -Op tax
Motor vehicle tax
Licenses, permits, fees,
and other local revenue:
Buildings and trailers
Subdivision and zoning
fees
Sale of copies
Sale of general fixed
( assets
Miscellaneous
Continued
2,180 1,387
710,980
130,000
731,153
130,000
91,460
132,760
50,000
551,830
240,000
5,200
80.320
1,992,550
7,100
1,400
5,000
200
13,700
-20-
104,990
165,015
25,968
8,000
551,837
828,783
5,386
150.742
2,701,874
14,794
1,264
4,136
973
1,066
22 ,233
EXHIBIT A -2
Variance -
Favorable
(Unfavorable)
$ 21,503
425
(2,880
19,048
(793
20,173
13,530
32,255
(24,032)
8,000
7
588,783
186
70.422
?09,324
7,694
(136)
4,136
(4,027)
866
8,53
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Budget Actual
Building rent:
Other local governments
Other tenants
Revenues from investments
and property:
Election contract
services
Interest income
Lease rentals on
land and building
Computer rental
Miscellaneous
Total revenues
Expenditures:
Borough Assembly:
Mayor travel and per diem
Mayor compensation
Mayor honorariums
and amenities
Assembly travel
and per diem
Assembly compensation
Group insurance
Office supplies
Telephone and telegraph
Insurance and bonding
Office rent
Publications and dues
Furniture and fixtures
Miscellaneous
Continued
$ 101,640
8,400
110,040
1,200
654,220
9,790
48,000
713,210
5,049,000
5,000
1,200
1,006
17,500
8,400
500
1,000
3,880
5,514
44,000
-21-
$ 87,360
22,660
110,020
860,121
10,834
19,427
1.824
892,206
5,964,088
2,562
1,200
390
10,536
8,200
326
70
62
4,139
396
843
506
29,230
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
$ (14,280)
14,260
(20 )
(1,200)
205,901
1,044
(28,573)
1,824
178,996
915,088
2,438
616
6,964
200
(326)
430
938
(259)
5,514
(396)
(843)
( 506 )
14,770
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Legal department:
Borough attorney
Court costs and
litigation allowance
Telephone and telegraph
Advertising and hearings
Travel and per diem
Publications and dues
Miscellaneous
Manager's department:
Borough manager
Secretary
Extra help /overtime
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Termination reserve
Professional development
Office supplies
Telephone and telegraph
Repairs and maintenance
Travel and per diem
Automobile repairs
and maintenance
Professional services
Boards and committees
Miscellaneous
Insurance and bonding
Relocation expenses
Office rent
Printing and publication
Publications and dues
Furniture and fixtures
Continued
Budget Actual
$ 72,800 $ 61,448
27,000
7,200
107,000
5,271
627
20,029
3,567
101
325
91,368
53,000
22,170
1,710
3,410
2,610
9,440
24,000
6,500
1,000
3,000
250
10,000
400
2,500
1,000
1,506
500
6,990
5,514
1,000
1,200
1,000
158,700
-22-
55,731D
21,86V
866
1,442
4,757
2,828
6,051
129
1,481
2,279
124
1,107
192
200
1,233
1,008
281
684
1,337
972
104,563
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
$ 11,352
21,729
(627)
(20,029)
3,633
(101)
.= )
15,632
(2,731)
309
(866)
268
(1,347)
(218 )
3,389
24,000
6,371
(481)
721
126
8,893
208
2,300
(233)
498
219
6,990
5,514
316
(137 )
28
54,137
KODIAK ISLAND BOROUGH
GENERAL FUND
EXHIBIT A -2
(Continued)
STATEMENT OF REVENUES,.EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
u
Clerk's department:
Clerk
Secretary
Extra help /overtime
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Professional development
Office supplies
Telephone and telegraph
Advertising and
public hearings
Travel and per diem
Automobile allowance
Postage
Election, local
Professional services
Insurance and bonding
Office rent
Repairs and maintenance
Relocation expenses
Printing and publication
Publications and dues
Furniture and fixtures
Machinery and equipment
Budget Actual
Variance -
Favorable
(Unfavorable.)
$ 41,110 $
41,263
$ (153)
21,100
22,790
(1,690)
500
-
500
570
920
(350)
3,750
3,403
347
3,180
3,456
(276)
7,130
7,195
(65)
2,000
2,267
(267)
6,000
1,347
4,653
2,000
1,129
871
w
N
Continued
6,045
2,500
525
6,500
10,000
2,500
100
5,514
1,000
1,000
7,500
12,500
13.500
156,524
i
-23-
3,239
1,492
525
6,140
5,114
869
138
1,667
552
6,891
53
15,574
126,024
2,806
1,008
360
4,886
1,631
(38)
5,514
(667)
448
609
12,447
(2,07
30,500
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Finance department:
Finance director
Bookkeeper
Cashier
Taxes - ESC
Taxes - FICA
Group
Retirement
Termination reserve
Automobile allowance
Telephone and telegraph
Office rent
Insurance and bonding
Professional development
Professional services
Advertising and hearings
Printing and publication
Repairs and maintenance
Travel and per diem
Office supplies
Publications and dues
Postage
Relocation expenses
Furniture and fixtures
Continued
EXHIBIT A -2
(Continued)
-24-
Variance -
Favorable
Budget
Actual
(Unfavorable)
$ 38,730
$ 41,480
$ (2,750)
25,100
25,304
(204)
20,540
19,938
602
860
1,583
(723)
4,810
4,838
(28)
3,920
2,751
1,169
10,310
10,614
(304)
430
-
430
300
300
-
1,500
1,908
(408)
5,500
-
5,500
6,000
1,350
4,650
2,000
2,837
(837)
2,000
-
2,000
-
776
(776)
1,210
3,635
(2,425)
750
471
279
4,890
2,653
2,237
850
1,290
(440)
1,500
1
(84)
500
189
311
640
635
5
3,850
1,448
2,402
136,190
125,584
10,606
-24-
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
Budget_ Actual
Assessment department:
Appraiser /assessor
Assistant assessor
Assessing clerk
Extra help /overtime
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Termination reserve
Professional development
Publications and dues
Office supplies
Telephone and telegraph
Repairs and maintenance
Advertising and hearings
Travel and per diem
Automobile allowance
Printing and publication
Professional services
Insurance and bonding
Office rent
Postage
Furniture and fixtures
$ 43,090
28,660
20,020
860
4,950
3,920
11,130
5,380
450
1,700
900
400
1,100
2,750
840
10,060
500
150
5,514
4,950
1,750
149,074
$ 42,504
30,601
20,912
448
1,487
5,334
3,530
11,802
797
2,623
633
1,560
1,035
299
824
1,753
840
10,027
825
88
2,810
1.859
142,591
Continued
-25-
$ 586
(1,941)
(892)
(448 )
(627)
(384)
390
(672)
(797)
2,757
(183)
140
(135 )
101
276
997
33
(325)
62
5,514
2,140
(109
6,483
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Budget
Planning and community
development department:
Planning director $
40,200
Zoning assistant
27,636
Secretary
23,260
Extra help /overtime
4,100
Taxes - ESC
860
Taxes - FICA
5,630
Group insurance
3,910
Retirement
11,870
Professional development
2,000
Office supplies
3,500
Telephone and telegraph
1,800
Advertising and hearings
2,900
Travel and per diem
6,000
Automobile allowance
350
Professional services
12,000
Maps
2,000
Printing and publication
2,500
Boards and committees
8,400
Office rent
5,514
Publications and dues
1,100
Relocation expenses
1,500
Repairs and maintenance
500
Furniture and fixtures
2,600
Machinery and equipment
1,780
Actual
41,776
24,612
21,800
1,560
5,000
4,260
10,607
1,849
2,259
1,217
4,125
3,745
720
11,319
1,647
1,197
7,602
927
1,500
316
2,555
1,775
171,910 152,368
Continued
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
$
(1,576)
3,024
1,460
4,100
(700)
630
(350)
1,263
151
1,241
583
(1,225)
2,255
(370)
681
353
1,303
798
5,514
173
184
45
5
19,542
z6r;z
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Engineering department:
Engineer
_Building official
Secretary
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Termination reserve
Professional development
Office supplies
Telephone and telegraph
Advertising and hearings
Travel and per diem
Automobile allowance
Professional services
Office rent
Maps
Survey and blueprint
supplies
Publications and dues
Easement acquisitions
Printing and publication
Repairs and maintenance
Furniture and fixtures
Machinery and equipment
Health and sanitation:
Council on Alcoholism
Sanitation expense
Health Resources Board
Senior citizens
Support of Detoxification
Center
Support of Halfway House
Support of Health Clinic
Hospital support:
Equipment and furnishings
Other costs
Current operating
expenses
Village health services
KANA health services
Day care
Small World, Inc.
Budget Actual
$ 41,530
39,970
21,140
860
5,360
3,920
12,750
8,090
3,000
2,000
2,600
500
1,500
720
5,000
5,514
2,000
2,100
730
150
1,100
1,300
1,960
8.000
171,794
12,160
2,500
1,500
15,000
21,040
26,400
1,200
130,000
12,900
250,000
56,000
16,000
132,760
10,240
$ 28,728
33,291
21,452
1,405
5,233
3,534
12,982
2,286
1,928
2,042
458
35
720
3,547
437
1,550
494
459
625
1,804
8,108
131,118
12,160
15,000
21,040
26,400
1,496
130,000
20,870
249,662
55,924
15,978
150,017
12.097
Continued 687,700 710,644
-27-
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
$ 12,802
6,679
(312)
(545)
127
386
(232)
8,090
714
72
558
42
1,465
1,453
5,514
1,563
550
236
150
641
675
156
(108)
40,676
2,500
1,500
(296)
(7,970)
338
76
22
(17,257)
(1,857
(22,944
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Data services:
Systems analyst /programmer
Data technician
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Termination reserve
Telephone and telegraph
Office rent
Equipment rental
Professional development
Professional services
Printing and publication
Office supplies
Publications and dues
Advertising and hearings
Repairs and maintenance
Equipment lease /purchase
Furniture and fixtures
Machinery and equipment
Outer Continental Shelf:
OCS coordinator
Extra help /overtime
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Telephone and telegraph
Office rent
Professional development
Professional services
Advertising and hearings
Printing and publication
Travel and per diem
Office supplies
Publications and dues
Repairs and maintenance
Continued
Budget Actual
$ 34,873
22,040
570
3,440
2,610
7,210
1,800
1,500
2,757
3,500
5,000
10,000
50
5,000
200
300
11,100
5,160
3,500
110.000
230,610
18,450
2,450
285
1,220
260
2,340
1,600
2,755
470
10,000
550
2,200
5,000
1,320
1,100
$ 27,290
17,045
1,254
2,658
1,303
5,596
1,130
1,240
9,436
4,025
15,679
9
4,511
191
183
11,822
5,727
2,460
96.892
208,451
19,150
299
938
405
2,140
952
32
254
795
727
152
124
50,000 25,968
-28-
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
$ 7,583
4,995
(684)
782
1,307
1,614
670
260
2,757
(5,936)
975
(5,679)
41
489
9
117
(722)
(567)
1,040
13,108
22,159
(700)
2,450
(14)
282
(145 )
200
648
2,755
470
10,000
518
1,946
4,205
593
948
(124
24,032
KODIAK ISLAND BOROUGH
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND
} CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Coastal Zone Management:
CZM coordinator
Secretary
Taxes - ESC
Taxes - FICA
Group insurance
Retirement
Auto allowance
Telephone and telegraph
Office rent
Professional services
Advertising and hearings
Travel and per diem
Office supplies
Printing and publication
Budget Actual
$ 18,663
20,050
570
2,560
770
4,880
1,000
2,757
55,000
800
6,000
750
1,200
$ 19,150
16,699
659
1,937
1,120
4,437
152
1,613
72,293
122
4,924
658
1,338
Buildings and grounds:
Telephone and telegraph
Insurance and bonding
Repairs and maintenance
Janitorial
Snow removal
Utilities
Construction /remodeling
Assembly chambers
renovation
General administration:
Secretary
Contingency
Workmen's compensation
Insurance and bonding
Automobile repairs
and maintenance
Bad debts
Audit and consultants
Capital outlay:
Automotive
Miscellaneous
Contribution to Chamber
of Commerce
115,000
1,000
8,500
55,000
50,000
8,000
78,000
335,000
31,000
566,500
21,189
27,500
15,400
6,060
55,000
29,640
5,500
5,514
165,803
125,102
463
3,374
47,392
56,666
8,000
68,057
72,597
18,608
275,157
600
18,262
17,762
5,685
17,740
58,113
29,843
3,880
5,514
157,399
EXHIBIT A -2
(Continued)
Variance -
Favorable
(Unfavorable)
$ (487)
3,351
(89)
623
(350)
443
(152)
(613)
2,757
(17,293)
678
1,076
92
(138 )
(10,102
537
5,126
7,608
(6,666)
9,943
262,403
12,392
291,343
(600 )
21,189
9,238
(2,362)
375
(17,740)
(3,113)
(203)
1,620
8,404
Continued
-29-
EXHIBIT A -2
Fund balance, July 1, 1981 3,407,234
Equity transfer (9,624
Fund balance, June 30, 1982 $5,468,559
i
-30-
KODIAK ISLAND BOROUGH
(Continued)
GENERAL FUND
STATEMENT OF
REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year
ended June
30, 1982
Variance -
Favorable
Budget
Actual
(Unfavorable)
Education support:
Library
$ 35,000
$ 44,615
$ (9,615)
Community college
17,000
17,000
-
School insurance
160,000
111,708
48,292
f � Village libraries
12,000
12,000
1 Buildings and equipment
51,505
44,202
7,303
275,505
229,525
45,980
Total expenditures
3,186,310
2
551,218
Other financing uses:
Operating transfers out:
Mental Health Center
Special Revenue Fund
15,000
15,000
-
Education Special
Revenue Fund (annual
School District
appropriation)
1,326,565
676,922
649,643
Debt Service Fund
29,630
29,630
1980 School Bond
Improvements Capital
Projects Fund
270,000
315,000
(45,000)
School Projects
Capital Projects Fund
161,495
161,495
-
Hospital Improvements
Capital Projects Fund
60,000
60,000
-
Total other finan-
cing uses
1,862,690
1,258,047
604,643
Total expenditures
and other
financing uses
5,049,000
3,893,139
1,155,861
Excess of revenues and
j other sources over
expenditures and
other uses
$ -
2,070,949
$2,070,949
Fund balance, July 1, 1981 3,407,234
Equity transfer (9,624
Fund balance, June 30, 1982 $5,468,559
i
-30-
Special Revenue Funds
Special Revenue Funds are used to account for the
proceeds of specific revenue sources (other than major capital
projects) that are legally restricted to expenditures for
specific purposes.
The Borough maintains individual Special Revenue
Funds for the following legally established Service District
areas:
Fire District Number 1
Karluk Fire District
Roads and Utility Improvements District Number 1
Bell Flats Road District
The Borough maintains individual Special Revenue
Funds for the following intergovernmental grants and contracts:
Mental Health
Day Care (closed -in fiscal year 1982)
Federal Shared Revenues
J Energy Grant
R The Borough also maintains an individual Special
Revenue Fund for the Borough Land Sales. The financial activity
of the Kodiak Island Borough School District is consolidated for
presentation as a Special Revenue Fund (Education Fund) in these
f inanciaL statements.
I
KODIAK ISLAND BOROUGH
ALL SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
June 30, 1982
Fire, Road and Utility
Improvement Districts' Funds:
Roads and
Fire, Fire, Utilities,
Land Sales Number 1 Karluk Number 1
ASSETS
Cash and investments:
Equity in central treasury
$
46,525
$77,660 $ 83 $57,547
Other cash balances
3,460
- - -
Temporary cash investments
650,000
- - -
Receivables:
Due from Federal government
-
- - -
Due from State of Alaska
-
- - -
Land contracts due within
one year
49,860
- - -
Other accounts receivable
(less allowance for
doubtful accounts)
12,293
- - -
Other assets:
Inventory of school related
materials and supplies
-
- - -
Land contracts due after
one year
1,952,243
- - -
Total assets
$2,714,381
$77,660 $ 83 $57,547
LIABILITIES AND
FUND jALANC23
Amount overdrawn on central
treasury
$
-
$ -
Accounts and contracts
payable, including
retainage
31,269
- - -
Accrued liabilities
-
- - -
Deferred revenue
2,022,103
- - -
Total liabilities
2,053,372
- - -
Fund balances:
Reserved for encumbrances
171,703
- - -
Unreserved:
Designated for subse-
quent year's operations
-
- 83 57,547
Undesignated
489,306
77,660 - -
Total fund balances
661,009
77,660 83 57,547
Total liabilities
and fund balances
$2,7
$77,660 $ 83 $57,547
-31-
EXHIBIT B -1
Federal and State Grants
Programs' Funds:
Road, Federal
Bell Mental Shared Energy
Flats Health Revenues Grant
Education Total
$47,922 $ - $ 97,963 $ - $ - $ 327,700
- 87,401 - - 35,388 126,249
42,801 - - 692,801
- 37,636 16 148,601 202,635
- 20,558 - 102,174 876,884 999,616
49,860
63,686 - - 12,293 88,272
189,210 189,210
- - - - 1,952,243
$47,922 $214,446 $135 $118,572 11,262,376 $4,628,586
$111,292 $ 85,130 $ 196,422
4,218 - 7,280 85,207 127,974
15,680 - 955,015 970,695
- - - 15,323 2,037,426
- 19 - 118,572 1,140,675 3,332,517
3,643
47,922 - 101,410
- 194,548 34,189 (3,643
47,922 194,548 135,599
$47,922 $214,446 $135,599 $118,572
90,029 265,375
- . 206,962
31,672 823,732
121,701 1,296,069
$1,262,376 $4,628,586
XODIAK ISLAND
BOROUGH
j ALL SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
June 30,
1982
Fire, Road and Utility
i
Improvement Districts' Funds:
Roads and
Road.
Land
Fire, Fire,
Utilities,
Bell
Sales
Number 1 garluk
Number 1
Flat:
Revenues:
- Property taxes
$ -
$112,369 $ -
$ -
$ 27,7:
Intergovernmental:
Federal
-
- -
-
State
187,500
18,560 -
18,734
33,1(.
1 Land sale proceeds
kj received
151,534
- -
-
Licenses, ,permits, fees,
and other local revenue 20
- -
-
Revenue from investments
and property
255,383
- -
-
Total revenues
594,437
130,929 -
18,734
60,9:
Other financing sources:
Operating transfers in
-
- -
-
__ Total revenues and
other financing
-� sources
594,437
130,929 -
18
60,9:
Expenditures:
Capital improvements:
f General improvements
131,851
- -
-
Service district
maintenance
-
93,000 1,250
26,408
90,9;
Planning and community
development
29,173
- -
-
Health and sanitation
-
- -
-
Education
-
- -
-
Total expenditures
161,024
93,000 1,250
26,408
90,9
Other financing uses:
Operating transfers out
-
- -
-
Total expenditures
and other financing
a uses
161,024
93,000 1,250
26,408
90,9:
Excess (deficiency) of
revenues and other
sources over expendi-
tures and other uses
433,413
37,929 (1,250)
(7,674)
(30,0
Fund balances (deficit),
July 1, 1981
227,596
39,731 1,333
65,221
77,9
Equity transfer
-
- -
-
Fund balances,
June 30, 1982
$661,009
$ 77,660 $ 83
$57,547
$ 47,9
-32-
EXHIBIT B -2
Federal and State Grants
Proarams' Funds:
Federal
Mental Shared Energy
Health Day Care Revenues Grant
- - 140 24
266,689 - - 148
137,479 -
8,703
412,871
140,475 173,617
15,000 - - -
427,871 140,475 173,617
370,654 - 20,000 173,617
- - 67,600 -
- - 19,000 -
370,654 - 106,600 173,617
370,654 - 106,600 173,617
57,217 - 33,875
Education
Total
$ -
$ 140,093
1,062,411
1,227,832
11,355,152
12,028,496
-
151,534
307,942
445,441
264
12,725,505 14,257,482
676,922 691,922
13,402,427 14,949,404
131,851
211,589
593,444
- 67,600
12,644 139 12,663,139
12,644,139 13,667,623
713,817 713,817
13 14,381,440
44,471 567,964
137,331 (9,624) 101,724 - 77,230 718
- 9,624 - - - 9,624
>194 $ - $135,599 $ - $ 121,701 $ 1,296,069
KODIAR ISLAND BOROUGH
LAND SALES FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
EXHIBIT B -3
-33-
Variance -
Favorable
Budget
Actual
(Unfavorable)
Revenues:
Intergovernmental:
I State grant
$190,110
$187,500
$ (2,610)
Land sales proceeds received
195,390
151,534
(43,856)
Licenses, permits, fees,
and other local revenue:
Recording fees
-
- 20
20
Revenues from investments
and property:
Interest income
52,000
217,228
165,228
Gravel sales
-
38,155
38,155
Total revenues
437,500
594,437
156,937
Expenditures:
Capital improvements:
General improvements:
Survey and appraisal
225,000
46,115
178,885
Improvements
162,500
82,933
79,567
Support costs
2,803
(2,803
387,500
131,851
255,649
Planning and community
development:
Land management
50,000
29,173
20,827
Total expenditures
437,500
161,024
276,476
Excess of revenues over
expenditures
S
$ -
433,413
$433,413
Fund balance, July 1, 1981
227,596
Fund balance, June 30, 1982
$661,009
-33-
KODIAK ISLAND BOROUGH
FIRE NUMBER 1 (SERVICE DISTRICT) FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Property taxes
Intergovernmental:
State Shared Revenue
Total revenues
Expenditures:
Capital improvements:
Service District maintenance:
Contracted services
Fire hydrant rental
Total expenditures
Excess of revenues
over expenditures
Fund
balance,
July
1,
1981
Fund
balance,
June
30,
1982
EXHIBIT B -4
Variance -
Favorable
Budget Actual (Unfavorable)
$93,000 $112,369 $19,369
18,560 18,560
93,000 130,929 37,929
85,800 93,000 (7,200)
7,200 - 7,200
93,000 93,000 -
$ - 37,929 $37,929
39,731
$ 77,660
-34-
KODIAK ISLAND
KARLUK FIRE (SERVICE
STATEMENT OF REVENUES,
CHANGES IN FUND BALANCE
For the year ended
Expenditures:
Capital improvements:
Service District maintenance:
Equipment repairs and
maintenance
Total expenditures
Excess (deficiency)
of revenues over
expenditures
Fund balance, July 1, 1981
Fund balance, June 30, 1982
EXHIBIT B -5
BOROUGH
DISTRICT) FUND
EXPENDITURES AND
- BUDGET AND ACTUAL
Tune 30, 1982
Variance -
Favorable
Budget Actual (Unfavorable)
$ 1,250 $ 1,250 $ -
1,250 1,250 -
$(1 ,2 5 0) (1,250) $
1,333
$ 83
-35-
1 EXHIBIT B -6
KODIAK ISLAND BOROUGH
ROADS AND UTILITY IMPROVEMENTS NUMBER 1 (SERVICE DISTRICT) FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Intergovernmental:
State Shared Revenue
Total revenues
Expenditures:
Capital improvements:
Service District maintenance:
Contracted services
Advertising and
public hearings
Total expenditures
Excess (deficiency)
of revenues over
expenditures
Fund balance, July 1, 1981
Fund balance, June 30, 1982
Budget Actual
$ 9,000
9,000
$18,734
18,734
74,000
74,000
$(65 ,000)
26,346
62
26,408
(7,674)
65,221
$57,547
Variance -
Favorable
(Unfavorable)
$ 9,734
9,734
47,654
(62
47,592
$ 57,326
-36-
EXHIBIT B -7
KODIAK ISLAND BOROUGH
BELL FLATS ROAD IMPROVEMENTS (SERVICE DISTRICT) FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
"37-
Variance -
Favorable
Budget
Actual
(Unfavorable)
Revenues:
Property taxes
$ 45,850
$ 27,724
$(18,126)
Intergovernmental:
State Shared Revenue
-
33,190
33,190
Total revenues
45,850
60,914
15,064
Expenditures:
Capital improvements:
Service District maintenance:
Contracted services
123,750
90,895
32,855
Advertising and
public hearings
-
36
(36
Total expenditures
123,750
90,931
32,819
Excess (deficiency)
of revenues over
t expenditures
$(77,90
(30,017)
$ 47,883
Fund balance, July 1, 1981
77,939
i Fund balance, June 30, 1982
$ 47,922
"37-
KODIAK ISLAND BOROUGH
MENTAL HEALTH FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
EXHIBIT B -8
-38-
Variance -
Favorable
Budget
Actual
(Unfavorable)
Revenues:
Intergovernmental:
State grant
$258,700
$266,689
$ 7,989
Licenses, permits, fees
and other local revenue:
User fees, organizations
69,137
80,675
11,538
User fees, individuals
30,304
56,804
26,500
358,141
404,168
46,027
Revenues from investments
and property:
Interest income
2,000
8,703
6,703
Total revenues
360,141
412,871
52,730
Other financing sources:
Operating transfers in
15,000
15
-
Total revenues and other
financing sources
375,141
427,871
52,730
Expenditures:
Health and sanitation:
Mental health program:
i
Personnel
304,243
289,049
15,194
Travel
15,000
11,863
3,137
Facility
18,700
19,587
(887)
' Supplies
8,360
9
(733)
Equipment
4,790
4,119
671
Other
24,048
36,943
(12
Total expenditures
375,141
370,654
4,487
Excess of revenues and other
sources over expenditures
$ -
57,217
$ 57,21?
Fund balance, July 1, 1981
i
137,331
Fund balance, June 30, 1982
$194,548
-38-
KODIAK ISLAND BOROUGH
FEDERAL SHARED REVENUES FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Intergovernmental:
Federal Shared Revenue
entitlement payments
Total revenues
Expenditures:
Planning and community
development:
Women's Resource Center
contribution
Health and sanitation:
Council on Alcoholism
contribution
Residential Treatment
Program contribution
Small World Center
contribution
Senior Citizen Support
contribution
Education:
Kodiak Community College
contribution
Village Libraries
E contribution
Total expenditures
Excess (deficiency)
of revenues over
expenditures
Fund balance, July 1, 1981
Fund balance, June 30, 1982
EXHIBIT B -9
Variance -
Favorable
Budget Actual (Unfavorable)
$ 5,190
5,190
$140
140,475
$135,285
135,285
20,000
12,600
10,000
30,000
15.000
67,600
13,000
6,000
19,000
106,600
$(101,410
-39-
20,000
12,600
10,000
30,000
15.000
67,600
13,000
6,000
19,000
106,600
33,875
101,724
$135,599
$135,285
KODIAK ISLAND BOROUGH
ENERGY GRANT FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Intergovernmental:
Federal Coastal Energy
Impact Program grant
State of Alaska, Department
of Commerce and Economic
Development grant
Total revenues
Expenditures:
Planning and community
development:
Preventative maintenance
computer program
Facility energy management
control
Facility design analysis
Maintenance and operations
manual
Fuel delivery
Work force study
Incentive program
Wind turbine
Energy conservation
analysis
Solid waste disposal
facility design
Outer Continental Shelf
impact analysis
Total expenditures
Excess of revenues
over expenditures
Fund balance, July 1, 1981
Fund balance, June 30, 1982
Budget Actual
EXHIBIT B -10
Variance -
Favorable
(Unfavorable)
$ 62,000 $ 24,946 $(37,054)
210,000 148,671 - ( - 61 , 329 . )
272,000 173,617 (98
30,200
10,622
19,578
50,805
38
12,385
66,700
77
(10,694)
110
106
4
16,200
6,231
9,969
39,000
13,289
25,711
4,200
85
4,115
2,785
2,694
91
-
(170)
170
25,000
24,946
54
37,000
-
37,000
272,000
173,617
98,383
$ -
-
$ -
-40-
KODIAK ISLAND BOROUGH
EDUCATION FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Intergovernmental:
Federal
State
Licenses, permits, fees
and other local revenue:
Food sales
Pupil activities
Other local revenue
Total revenues
Other financing sources:
Operating transfers in:
General Fund
Total revenues and
other financing
sources
Continued
EXHIBIT B -11
1,365,629 676,922 (688,707
14,160,922 13,402,427
-41-
(758,495
Variance -
Favorable
Budget
Actual
(Unfavorable)
$ 1,060,234
$ 1,062,411
$ 2,177
11,565,209
11,355,152
(210,057
12,625,443
12,417,563
(207,880
116,145
84,973
(31,172)
6,000
189,537
183,537
47,705
33
(14,273
169,850
307,942
138,092
12,795,293
12,725,505
(69,788)
1,365,629 676,922 (688,707
14,160,922 13,402,427
-41-
(758,495
EXHIBIT B -11
KODIAK ISLAND BOROUGH (Continued)
EDUCATION FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
(Continued)
For the year ended June 30, 1982
Expenditures:
Education:
Regular instruction
Vocational instruction
Correspondence
Special education
Bilingual /bicultural
Other special programs
Support services - pupil:
Attendance
Guidance
Health services
Child study team
Boarding home
Other
Support services -
instruction
General support services
Food services
Operation and maintenance
Pupil transportation
Community services
Non - programmed charges
Pupil activities
Total expenditures
Other financing uses:
Operating transfers out:
School Bonds Debt
Service Fund
Total expenditures
and other
financing uses
Excess of revenues and
other sources over
expenditures and
' other uses
Fund balance, July 1, 1981
Fund balance, June 30, 1982
Variance -
Favorable
Budget Actual (Unfavorable)
$ 4,453,623
791,944
153,799
851,402
146,130
357,619
$ 4,413,330
749,416
138,863
823,302
136,071
342,393
$ 40,293
42,528
14,936
28,100
10,059
15,226
21,383
202,142
83,480
110,794
57,547
107,627
687,041
1,661,596
270,033
2,772,996
318,569
48,724
62,976
287.680
13,447,105
21,083
198,455
77,518
116,998
49,177
101,283
586,941
1,606,517
219,132
2,324,243
290,701
49,979
1,041
397.696
12,644,139
713,817 713,817
14,160,922 13,357,956
-42-
44,471
77,230
$
121
300
3,687
5,962
(6,204)
8,370
6,344
100,100
55,079
50,901
448,753
27,868
(1,255)
61,935
(110,016
802,966
802,966
$ 44,471
Debt Service Funds
Debt Service Funds are used to account for the accumu-
lation of resources for, and the payment of, general long -term
debt principal, interest and related costs.
The Borough has the following individual Debt Service
Funds:
Hospital Term Bond
School Bonds
KODIAK ISLAND BOROUGH
ALL DEBT SERVICE FUNDS
COMBINING BALANCE SHEET
June 30, 1982
ASSETS
Cash and investments:
EXHIBIT C -1
Hospital
Bond Debt School Bonds
Service Debt Service
Fund Fund
$180,438
255,000
$435,438
Equity in central treasury $ 20,163 $160,275
Temporary cash investments 255,000 -
Total assets $275,163 $160,275
FUND BALANCE
Fund balance:
Designated for subsequent
year's expenditures
$275,163 $160,275 $435,438
-43-
KODIAK ISLAND BOROUGH
ALL DEBT SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
For the year ended June 30, 1982
Hospital
Bond Debt
Service
Fund
Revenues:
Revenues from investments
and property:
Interest income $ 35,208
Total revenues 35,208
Other financing sources:
Operating transfers in:
Education Fund -
General Fund 29,630
1980 School Bond Improvements
F Capital Projects Fund -
t ! Total other financing
sources 29,630
Total revenues and other
financing sources 64,838
Expenditures:
Debt service:
Principal -
Interest 14,625
Fiscal agent fees 50
Total expenditures 14,675
Excess (deficiency) of revenues
and other financing sources
over expenditures 50,163
Fund balances, July 1, 1981 225,000
Fund balances, June 30, 1982 $275,163
School Bonds
Debt Service
Fund
713,817
391,552
1,105,369
1,105,369
220,000
1,679,854
1,058
1,900,912
(795,543)
955,818
$ 160,275
EXHIBIT C -2
Total
$ 35,208
35,208
713,817
29,630
391,552
1,134,999
1,170,207
220,000
1,694,479
1,108
1,915,587
(745,380)
1,180,818
$ 435,438
-44-
KODIAK ISLAND BOROUGH
HOSPITAL BOND DEBT SERVICE FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
Revenues:
Revenues from investments
and property:
Interest income
Other financing sources:
Operating transfers in:
General Fund
Total revenues and other
financing sources
Expenditures:
Debt service:
Principal
Interest
Fiscal agent fees
Total expenditures
Excess of revenues and other
financing sources over
expenditures
Fund
balance,
July
1,
1981
Fund
balance,
June
30,
1982
EXHIBIT C -3
Variance -
Favorable
Budget Actual (Unfavorable)
$ - $ 35,208 $ 35,208
29,630 29,630 -
29,630 64,838 35,208
15,000 -
14,.630 14
50
29,630 14,675
15,000
5
(50 )
14,955
$ - 50,163
225,000
$275,163
$ 50,163
-45-
KODIAK ISLAND BOROUGH
SCHOOL BONDS DEBT SERVICE FUND
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
For the year ended June 30, 1982
n
Other financing sources:
Operating transfers in:
Education Fund
1980 School Bond
Improvements
Capital Projects
Fund
Total other
financing
sources
Variance -
Favorable
Budget Actual (Unfavorable)
$ 612,450 $ 713,817 $ 101,367
1,292,750 391,552 (901,198
EXHIBIT C -4
1,905,200 1,105,369 (799,831
Expenditures:
Principal 220,000 220,000 -
Interest 1,679,860 1,679,854 6
} Fiscal agent fees 5, 340 _ 1,05 4,282
Total expenditures 1,905,200 1,900,912 4,288
Excess (deficiency) of
revenues and other
financing sources
over expenditures
Fund balance, July 1, 1981
Fund balance, June 30, 1982
(795,543)
$(795,543
-46-
955,818
$ 160,275
a
Capital Projects Funds
1
f
Capital Projects Funds are used to account for finan-
cial resources to be used for the acquisition or construction
of major capital facilities.
Funds:
The Borough has the following Capital Projects
A. Related to school facility improvements:
School projects
1980 School bond improvements
Ouzinkie School electrification
B. Related to other (non - school) improvements:
Parks and local service roads and trails
Hospital improvements
Utility improvements - Service District 1
Sawmill /Lakeview Road
Roads and parking lot
Public safety buildings and equipment
7
In addition, the financial resources of various com-
pleted projects of prior years are maintained in a single Capital
Project Fund (Other Projects) pending ultimate disposition of
the remaining balances.
KODIAK ISLAND BOROUGH
ALL CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
June 30, 1982
Parks and
Local
Service
Roads School
and Trails Projects
ASSETS
Cash and investments:
Equity in central
treasury $ -
Other cash balances -
Temporary cash
investments -
Receivables:
Due from Federal
government -
Due from State
of Alaska 47,114
Other accounts
receivable:
Interest accrued -
Total assets $47,114
LIABILITIES AND
FUND BALANCES
Amount overdrawn on
central treasury $11,016
Accounts and contracts
payable, including
retainage:
Trade accounts
Contracts
Retainages
Accrued liabilities
Deferred revenue
Total liabilities
Fund balances (deficits):
Reserved for
encumbrances 25
Designated for subsequent
year's expenditures 35,508
Total fund balances
(deficit) 35,533
Total liabilities
and fund balances $47,114
-47-
1980
Ouzinkie
School Bond
School
Improve-
Electri-
ments
fication
$ 548,453 $ 304,093 $
- 277
1,000,000 7,000,000 -
47,640 -
3,742 148,880
$ 1,599,835 $7,453,250 $
$ 2,168
2,176 -
708,584 -
518,232 -
3,348 -
1,232,340 2,168
1,988,535 3,364,118 5,207
(1,110,587 2,856,792 7( ,375
877,948 6,220,910 (2,168
$ 1,599,835 $7,453,250 $ -
188,592
565 -
- 533,295
11,581 721,887
EXHIBIT D -1
Public
Utility Safety
Hospital Improvements Sawmill/ Roads and Buildings
Improve- (Service Lakeview Parking and Other
ments District #1) Road Lot Equipment Projects Total
3
$ 593,982 $116,200 $346,496 $188,152 $215,962 $ 2,313,33
- - - - - 27
8,000,00
178,631
104,350
9,727
- 178,63
50,000 258,83
$282,981
- - - - - 152,62
$ 603,709 $116,200 $346,496 $188,152 $265,962 $10,903,69
$258,068 $
6,906 138,083
8,300
- 455,642
273,274 593,725
19,020
621,034
(9,313
(611,050
9,707
9,984
$282,981
$ 603,709
271,25
- -
-
-
2,17
- -
-
50,000
1,092,16
- -
-
6,410
532,94
- -
-
-
3,91
116,200 346,496
188,152
110,830
1,750,61
116,200 346,496
188,152
167,240
3,653,06
- 3,496
6,000
1,850
6,009,28
- _ (3
(6,000
96,872
1,241,35
- -
-
98,722
7,250,63
$116,200 $346,496
$188,152
$265
$10,903,69
KODIAK ISLAND BOROUGH
ALL CAPITAL PROJECTS FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES (DEFICIT)
For the year ended June 30, 1982
Parks and
-48-
Local
1980
Ouzinkie
Service
School Bond
School
Roads
School
Improve-
Electri-
and Trails
Projects
ments
fication
Revenues:
Intergovernmental:
Federal
$ -
$ -
$ -
$ -
State
97,015
423,543
-
10,034
Revenues from invest-
ments and property
-
27,659
1,510,876
-
Total revenues
97,015
451,202
1,510,876
10,034
Other financing sources:
operating transfers in
-
161,495
315,000
-
Total revenues and
other financing
sources
97,015
612,697
1,825,876
10,034
Expenditures:
Capital improvements:
Construction and design:
School facilities
-
385,481
6,707,134
-
Other facilities
-
-
-
12,202
Other
-
-
-
-
Planning and community
development
104,508
-
-
-
Total expenditures
104,508
385
6,707,134
12,202
Other financing uses:
Operating transfers out
-
-
391,552
-
Total expenditures
and other
financing uses
104,508
385,481
7,098,686
12,202
Excess (deficiency) of
revenues and other
sources over expendi-
tures and other uses
(7,493)
227,216
(5,272,810)
(2,168)
Fund balances,
July 1, 1981
43,026
650,732
11,493,720
-
Fund balances (deficit),
June 30, 1982
$ 35,533
$877,948
$ 6,220,910
$(2,168
-48-
EXHIBIT D -2
- - - - - - 7,092,615
165,991 258,118 - - - 110,669 546,980
57,972 - - - - 4,769 62,741
- - - 1,504 11,849 (241 117,620
223,963 258,118 - 1,504 11,849 115,197 7,819,956
- - - - - - 391,552
223,963 258,118 - 3 .,504 11,849 115,197 8,211,508
7,183
1,435 -
- - 241
Public
2,524
8,549 -
- - 98,481
Utility
$ 9,707
Safety
$ - $ - $ 98,722
$ 7,250,636
Hospital
Improvements Sawmill/
Roads and
Buildings
Improve-
(Service Lakeview
Parking
and
Other
ments
District #1) Road
Lot
Equipment
Projects
Total
$ 63,895
$ - $ -
$ -
$ -
$ -
$ 63,895
107,251
259,553 -
1,504
11,849
115,438
1,026,187
-
- -
-
-
-
1,538,535
171,146
259,553 -
1,504
11,849
115,438
2,628,617
60,000
- -
-
-
-
536,495
231,146
259,553 -
1,504
11,849
115,438
3,165,112
- - - - - - 7,092,615
165,991 258,118 - - - 110,669 546,980
57,972 - - - - 4,769 62,741
- - - 1,504 11,849 (241 117,620
223,963 258,118 - 1,504 11,849 115,197 7,819,956
- - - - - - 391,552
223,963 258,118 - 3 .,504 11,849 115,197 8,211,508
7,183
1,435 -
- - 241
(5,046,396
2,524
8,549 -
- - 98,481
12,297,032
$ 9,707
$ 9,984 $ -
$ - $ - $ 98,722
$ 7,250,636
I