Audit Report - 1948-1949
Toam of atlantic BeucL, Florida
September 30, 1949
Goeuos P. 13~.rrm[
GERM'. ~"!~ LiG 4CC6VNT4NT
.laaxw~.rv,u.¢~2. Poou~nn
1bm of At3auttc Bosch, F1or7Ac~
AUDIT BBPOaT
9opteaber 30, 1949
OOFIOCN P. BISICH
Certified Publio Aocountmt
Suite 605 Graham Building
Jackacnville 2, F1orlds
Ootobsr 29, 1949
1b Dte Ygyor and lbxn Counoil
lbxn of Atlantic Heach, Florida
peut]ameat
M exemiastlca hao beau made of the balauee aheote
of the lbtn of Atlmtio Beach, Florida, as of
3eptomber 30. 1949, and the otatements of mvsnuss
and expandlturee for the ymr titan coded, 11is systea
of internal control and the mcomting prooednree oZ
the loin were reslexod cod, tdthout making a dstailsd
audit of the tsaneaelione, the eocotnting reoorda and
the supporting evidenco of the Wut rwre eAtminad or
teetbd by mothoda and to the sxtmt deemed aPPi'oPr~U•
ilte examination ttae made in aocordmce with gensrall,F
accepted auditing stmdarda applicable is the oircum-
atfwoea and included all pmceduree considered
neceeeary.
Iu our oPLtian Lha aoaompagying statmenta and relAted
comaente prseent fairly the financUl poaitim of the
'Mtm of AL]antio Beach, Florida at September 30, 1949,
and the reaulte of its operations for the tlsoal year
than ended >n aaatoimiq x1th generally eoapted aoootntr
~8 princlplea.
ftespectful7,p euholttsd,
/J~-yeti ~~9.~i4-~.,
OGFt00FF P. BLITCI{
~ Certitied Public Aooountmt
Town of Atlantic Beach, Plorlda
ly7pF%1C 'R) Re"PORT
Paee Numbers .
1,2 Comments - Soope of Audit
Statement
N rs
1 Cmeral Pund Relents Sheet
2 Schedule of Delingaeut Tame
3 Statemat of Amount Due Prop Other Fuade
3 Arounts Due Other Funds
y Statement of Caeh Reoeipts end Disbursements
5 Statement of Revmus Aecaipte RstimsUd
end Actual
6 Summary Statement of Appioprlatims,
Evtpmditutea sad Pnoumbrsaces
7 Anelyais of Expmditurse and lhoueb=anees
for "Contingencies"
8 Seaeall Fend Balancs Sheet
9 Receipts and Dlsbursaments
10 Seaeall Aeeeaereats Against AbutLlag
Propsrt,
11 Schedule of Horde Payable
12 Waternorke Fund Halancs Shast
13 Condensed Income and &cpmee Statessnt
]J. State®nt of Caeh Receipts and Disbursesmtt
15 Susmsry Statement of Appropriations,
Sxpmdituras and lacumbionwe
16 Special Seatrall
Smelgmry Puad Relents Shest
17 Recaipta and Oisbersessnte
19 Schedule of Delinquent Sewall P~ergenay
Ae:sesmmts
19 Aocounte Payable
20 Ssltair Pa91ag Pond Balance Sheet
21 Cash Receipts and Dlebureemenb
22 Property Fund Balance Sheet
SCOPE OF AUDIT
CASH, Tire ceah fn banks was verified by cortiffeatoe received direst tree
the depoeltoriee, We inepeoted copses of all receipts for fines and torteir
totes, llaense stubs, eater rent reoeipte, and teatrohecked tax receipts.
'the inspection included tracing the receipts into the each ioumalo. All
monpe received ae shown by receipt boake hee been eatietactorily aoaounted
tor.
2YX ROLLS, Tna tax rolls were axateined for the years 1946 and 1947. The
o ark had preperod an aaalveie of delinquent texas Qim for all preoediog
years. This ane1J*eie after being teet.ohecked and found subatantial>,y
correct wsa used as n basic for ad~ustfng the tax receivable aoaouats to ffis
correct balances, It was noted that thane was the largest amount of delin-
quent tease dne for 1946 ttsn Sn at{p recent year, amomting to Deer 10 ¢ of
the total levy. Special effort should ba mde to collect these delintpunoles,
CFIVERAL, Considerable improvement was shown during the past year in the
meaner and form o! record-keeping in the clorkb otfiae, 'D~s accounU sere
maintained in strict accordance with the budget ae adopted,
7n the following paragtephe we autmit specific comments relative W the
various trade.
GEtiERAL PUND
The financial statue of this turd has greatly improved duxdng the past year,
Heglnn7ng the year with a deficit amotaiting to $ 4,945.16, thin !Yard sow has
a enrplus of $11,495.61, oror an increase of $ ]b,440,97.
SEAY7ALL FUND
Reference Se made to our report for the procodfng fLoal yoar end to page 2
of our comraente thoroin with respect to the compliance by the tram with tM
provisions of the Seawall Horde. Ka wish to again point out that ooaplianoe
has apparently not boon trede and again rectxmend that the matter bs retertwd
to the fawn's legal council,
It ie noted that the bonds are now being retired 1n smelter amounts thou
$ 7,000,00 ae previous. Cmeteat eorutlay should ba made of the fund bank
account and retire each i 1,000,00 bond as coon ca possible. (b SsptmWr
30, 1949 there was $ 2,545.56 in the beak acconnL drawing no intoraat.
It Se recommended that consideration be given to the aetabiiahmmt o! •
^deprociation reserve fund" ee a spacial waterworks department fund vAtereby
a percentage of the revenue from this fund be set aside ooneteat7y for repairs
and replaaemsnts to the now existing eyetea>
-2
3AL~IR PA91NG FI@7~
It appears thnt this tbnd rill ba mero],p a trust Shod and has bsrc sat 4P
acaordfngly. fie Sinai aeeeaemants Por the Salffiir paving tad not been
determined ae of September 30, 1949, cad therafoss do not appear an tbs
Balance Sheot of the Sund.
PBOPGfliS FUND
It 10 a~gaia reoDmnendod flat there be made an inventory of eacieting proprtiss
and a record of purchase and value of ell ii>:ed properties be inetal]sd and
maintained.
lben oL At]antic Beach, Florida
(&'NERAL FUND
BAJ,ANCr SNEBT
Ae At SeatoaLer 30. 1949
ASSST3
Cash in Beach Bank = 5s046•`~
Delinquent Taxes (statement 2) 5,015.85
Uncollected Lot Cleening Asessemente (Statement 2) 59.90
Uncollected SLroet Paving Liege ~ x•44
Uncollected garbage Collection Fees 256.25
Ono Lrom Other Fuade (Statement 3) 3.636.92
lbtal Assets 8 L+. 5.86_
LaAg~7•17~5 AND 3U[tPIAS
AocouaW Payable = 711.64
Squipmeat Furcheae Contxeot -Beach Back 2,396.21
Dae other Funds (statement 3) 3 z.zo
lbtal Liabilities t 3,4.05
Surplus 11.495.81
m~rAi Liabilities and Surplus ~ u`'9r
Statsnmt 1
Toan of Aden tic DeECb, Florida
47sNERAL PIND
SCHEIJUIF. OP DELINQUNNT 7A7C(y9
Ae At 3eotembor 30. 1949
Isar Aaeeeaed
1948
1947
1946
1945
1944
1943 end Prior Years
.~
SCHIDUIE OF UHOOLI.ECTZD IAT
CLFliUINO ASSESS1D1113
Ae At September 30. 1949
Aeaeaewenta cede prior W aurrent year
Current Zeer~o eeeaeamente
1bU1
Amountalhpaid at
September 30. 1949
s 3,861.67
328.51
164.33
100.64
79.49
4al.u
~ 5
i ee.63
gg GA1.27
sutemenc ~
Ybsn of Atlantic Beacp, P1orlds
GENERAL FUND
5TA7fSff'NT OF A16JUNT DUE PROP OTHER FRiDS
Aa At September 3D. 1949
Duo Prom
Saltair Paving Puod f 66.00
SeaRall Faergencg Fund 3.570.92
~1 Due Prom Otber Fuads 6 2
A1fODN TS DUE O'flQ'R PUNDS
Aa At Sentomber 30. 1949
Duo YPa teraorka Pmd .20
stateaaat 3
Tosco of Atlantic Baeah, Plorida
OIIi&HAL FUND
S'C~TE2097T OF CASH HBCHL°TS AHD DL4HUBSFJH~7'~
For P1a~1 Year &sded Seotember 30. 1949
Caah Sn Hesah Hank et October 1. 1948 - i 2+512.85
Adds Caah 8.eco„}~ (SLatement 5)
Current Hetionm i 59,319.87
Bavsaae tram Hoduetion of Asaets 1319.93 60.639.@0
ibta). Caeh Available i 63,152.65
Dedaai: Cn~h Diebareamanfe
Budgetnl Ecpendituna (Statsmeat 6) i 49,520.86
Pand Tsneferes
1b :'sawall limrgmay Fned i 3,427.70
To 'tatennrke Fund 2627.80
ib saltair Paving Paod 66,00 6
.50
Bet-`.~ement o1 Prevloue Ymrsa Accoants Payahls ~
3,79
Total Geh D]abnraed~ 58.106.15
Cee~n Beaoh Bads at Seotscbar 30. 1949
3tateaent y
Town o! Atlantic Deach~ Florida
CN±iENAL FUND
SD1'$IQyiT OP RBVk21UE tLSCl;IPT3 PS TIYAT6D AND AC10AL
Por Fieoal Tear Fgded 9eatember 30. 1969
Netimetsd Neveaus Sores or
Novenae Neelised (Detioimey)
Por Zear Por Year Ozer BstLate
Currant Revenue
Property Taxse - 1948 (Net) i 35,340.00 i 33,4•¢ i( 2,275.49)
Peaaltiea 300.00 543.98 243.99
Licenaea ?,~•~ 7,Wi1.50 41.50
Fines and PorPeituras 1,500.00 1,606.00 304.00
Building Peraits 500.00 208.50 ( 291.501
gleotrio Franehiee 'Doc 1850.00 2,034.68 164.68
Cartage Collection (Net) 5,100.00 7,177.51 2,077.51
Lot Claming - Curieat 1400.00 891.02 ( 508.98)
Sewerage - HePtona Hesch Tis-7n 220.00 220.00 -
Btilitiee T.u 6~OOD.00 6234.92 234.92
liieee]lanoom 250.00 76.12 ( 173.86)
Iatereet on Aeseasmenta 41.13_ 41.13
f 59.460.00 59.319.87 ~ ]40,13)
Prom Reduction of Aeeete
DellnquenL 'Lazes ~ 1,000.00 i 1270.33 i 270.33
street Paving Lieae 150,00 46.60 ( 103.40)
Lot Cleaning Llsns - 3.00 9.00
1 1 0 £ 1~ 6
stntsaeat S
1b,m of Atlantic Deach, Florida
GII7ERAL FUND
S1J78WRY STA T3102iT OF APPROPRL4TIONS,
EXPPiiDI113RPS AND 137CUYBRANCFS
For Fiscal Year mdad Seotamber 30. 1949
A ietrat r
upervieor'e Sa]ary
Clerk's SaLry
Fiore Clerk
Insurance
Orrice Expanse
Nay Office Equipment
lbfm Ns11 Repairs
Attorney
Audit
?eZ Aaeessor
Police and Public Safe
Itarehall's Salary
Rep11e and Replacomnte -
Police Car end Radio
3atfic Sigis
Llta Seeing and hoping
Pare Protec tloa
street Lights
Osa end 011
Radio Sereico
Police Judge
hYtra Police
New Car
Nea Radio - Fbliee Car
moumbrmcea
Amount At Close Unmovebered
Aoproprlated Expenditures OP Tear Belenas
i 3,930,00 3 3,930.10 34 .10)
2,400.00 2,450.00 ` 50.00)
1,600.OD 1,976.20 378.20
1,200.OO 1,462.44 i 76.55 340.99
500.00 646.45 41.23 187.68
150,00 204.94 ( 54.94
600.00 545.33 4.% 50.11
350.00 270,00 80.00
500.00 250,00 250.00
i 3,~•~ i 3.750.00
500.00 172.93
175.00 zzb.o3
325.00 360.80
750.00 900.00
b00.00 466.00
950.00 665.36 i 93.06
360.00 360.00
150.00 150.00
480.00 830,00
800.00 1,645
7
.
5
~ ~~~-
7
-
a
,
l~Z2s`L
Sanity De t. Cat$a street Clean
rust 2, .00
Iabor 5,200,00
Neu 1YVC1s 2,200.00
metalling Body-Neu Truck 350.00
RsFslre and Rep7.acements 350.00
Oas end 011 6$0.00
Seeerage-Naptvn0 Beach 1Ya~Iu
i 2,196,82
5,284.02
2,156.30
101.29
694.38
6ot.o3
3 tetataent b - Continued
36.91
106.02
i( 150.00)
ao~;
150.00)
134,00
171.54
350.00)
196.62
84.02
41.70
24s.71
( 383.29)
58.05)
Tomn of Atlmtac Beaob, Florida
OFNfiRAL FUND
SU]OIANY SDl'p;14NT OF APPNOPNIATIDN3,
E%P@iDITUNFS AND F17CULBNAlGCES
Por Faecal Year I~hded Saotamlxr 30 19L9
Amount
Aom_ooriatsd
3trsets. Parka and Drainage
Drier i 2,000.00
Iabor 5,100.00
Dss eaa oss 45o.oD
$epaire end Replacemante 85000
Dspair Material 3,500.00
Dielnags 3.000.00
Seawall, Street Freda and Stops 1,500.00
Lot Clamigg
~~ j~
Paoiabrmaw
AL Close IInsaombsied
6samiditures 0 Tear Halmos
i 395.50 i 1,60y.50
4~ 1
211i.34 i 71.45 ~~1
T17.60 255.14 ( 182.74)
2,455.09
1264.60 4.10 1,
~.
1,071.73 ~
0 B
~ ~
2 .
j
~S_~45
0 Debt Retireaeat i~3+,.000,00 i 3,~C.CC
Cmtingenciae (Statamont 7) 3....°~ ~ 2 ~_~_~~
°=a~~,+,8_i i 57.9., s~ f 4 °' g ~r3~.L.
Sirtsmant 6 - Comoludad
gem or Attmtic Beseb, Florida
GFRIItAL FUND
ANAT3S15 OF F3PENDI NRFB AND FNCUl4)RANCffi
POH ^CCNlftI0II7Cffi^
For Piacal Isar Fhded September 30. 19L9
Nealth CenUr - 141ephone Bills ; G2.17
Prlsanere Care ~,0p
logal Advertiving 3G<25
Interest }0.67
salary - Nex Rbim Ifsnager 350.00
Mosquito Control - Posgiug ~ 750,00
~Pe 8, 75
Police Unitoxaa lOp, 00
Doss - Florida league of Manioipalitios 35.00
Nex MOtei`CyoLe 56De 50
Ba71 Park 366,40
Motor Grader 2,864,04
Miscellaneous 69_50
ZdYal 6 26
Fapendituree ; 2.849.47
Fncsmbrencea 2.L19.B1
1bta1 S 5
sate.ent 7
lbim of Atlantic Heath, Florida
SEAWALL FUND
BALANCE SNEBT
Aa At Septambsr 3
ASSETS
Cash in Beach Hank -_• i 2,545.58
Delinquent 'D~xea - ibxn'e Share Assessed
483.32
Uncollected Aeseeemnte -Abetting Property Osnera 8 275.49
r
Delinquent Patareat a Assessed but Uncollected 221.59
Fords to ba prodded 6.916.02
1 0,00
LPABII,ITPES
Ronde Payable i Ib,00o.00
Accrued Interest Payable 320.00
7nteraet Payable to Uaturity of Ontetacding Goads X00
1bta1 18 000
Stateosnt 8
lbsm of Atlantic Beach, Florida
3EANALL PU17D
6ECfiIP15 AND DISBUBSIDB~1779
Por Piecal Year thded Seoj~esober 30. 1949
Cash !n Beach Bank at Beaitmin¢ of Yenr
Bac is
Pros Abutting property aseeessmastes
On Principal
Tntenat
Peaaltiea
.~
i 2,847.41
= 2,]15.57
400.14
67.18
~ 2,582.99
Frm Advelorum >ga Levyt
1948 Levy
Prior Years
1btA1
'lbtal Reoeicte
1bta1 Caah Available
DSebnraemente
Pssrchase of Unma tared Eanda dm Ootober 1, 1951
Tatereat Paid on Outatending Bonds
Premium paid an Pssrehaee of ~Gsred Boade
Ceeh in Beach Hank at 3esstetdter 00. 1949
i 3,054.86
136.90
3.189.76
,x.772.25
f 8,620.16
f 5,000,00
871,.68
249.90 6.074.58
9taterat 9
1b,ot of Atlantic Dcach, Florida
SEAYlALL FUND
SFp{yAll, ASSFSSyH27T.: ACA INST ABUTTING PROPBftTI
Seotember 30. 1949
Balance
Unpaid at Delin Lna
Nana of September 30, Appmt of 1b lbta
Over Lots Hloek 1949 N£: Eaeh Princiral
Aathogy 3,4 i2 i 213.40
BSebee 11,12 52 213,40
c
sr 'o z ~
l
kaon ~
t 1 bi.e9 2 i z7.L5 i 54.30 i 15.93
DeCottes to 1 30 108.53
Starr 4 20
Nyaraon 5 41 130.45
Nillltord 5,6 32 426.78
Lockrood 7,8 52 213.40
'Aiwera 1,2,3 51 313.27
Meyer 1,2,3 21 632.88
Nagarian 3 27 213.40
1Nlliken 5,6 52 320.1/4 2 53.37 106.74 31.42
Leyereon 6 41 129.55
Pq~ns 4 33 320.13 2 53.37 106.74 31.42
gelae ~ of 7 33)
20~ of 8 33) 219.79
Pelota 6 33 337.31 2 56.39 ]12.76 33.04
Hooker Part 7 33 86.55
Neglater 3,4 42 423.79
Bucker 11 61 106.66
soberts 4 51 104.87
Ortega Co. 2 15 213.40
YoDerment 2 27 213,40
Tiatie 4 ].5 213.40
1Lcker 6,7 bl 213.40
Van3cfwick 1,2,3,4 62 427.08 ~
Puller 3 41 161.94 1 32.39 32.39 ]4.25
~~ 5 33 221.87
Nillfame 5,6' 20 640.28 2 106.74 213.54 62.63
Crastord 1,2;3 61 319.27
Noodcock 5 15 213.40
Betate of
Holmes 7 36 ~~ 2 55.46 110,92
82 j
Statwdnt 3A
7b:n of Atletttlc Beach, Florida
SEAWALL PUND
SCBBDU7B OF BONDS PAYABLE
Ae At September 30. 1949
Bondw Qatad:
Original Ieetw:
Iatoreet Balls
Iaterast Piyabla:
Bmd Data of
Nvmbera Neturity
134-135 October 1, 19R
136 October 1, 1952
135-143 October 1, 1952
L,l.-150 October 1, 1953
October 1, 1933
f 150,000.00
4 ~ per Amum
---'=--vary eaab year m
Apr11 let avd October Lt,
Held by the Atlantle National
Beak of Jaakemville, Florida
ae detailed below:
Prlnciml
~ 2,000.00
1,000.00
6,000.00
7.000.00
u ooo.oo
sate.eat u
lbrur oP Atlantic Hsaeh, Ploride
UA2ERiPORKS FtEiD
BALANCE SR6ET
As At Se,P~ember 30. 1949
ASSE
Current Aea
ets
_
Cash in Beach Bads i 1,602.50
Accounts Receivable e dater Rents 278.30
Due Prom General Pmd 372.20
ibtal Current Aeeate i 2,253.E
Fined Assets
Water Distribution Syatom i 29,488.83
Pump and Pump Bougie 2,6ffi.28
Toole and Equipment 262.63
,Motel Fizad Assets 32.433.74
TJ tal Aaaete i~7~
LIABII.ITIfS AND SURPLUS
Current Liabilities
ccounts Payable i 132.99
Accrued Interest Payable e Adams Contract 360.00
Payment on Adams Contr~.ct (Due Within One Year) 3x~•~
Engineering Contract Poyable -Smith & Gillospie 2.500.00
Total Cnrrent Liabilities i 5x992.39
Lan Term ISabilities
dame Contract - Payments due after one year 9.000,00
Total LiabilltLa i 14,992.39
surmiw
Investment in Plater system = 17x933.74
Earned Surplus 1.760.61 19.694.3•.
To,Qal Liabilities and 3urolue 61~ 3~6
9tAksaenE ]2
lbap of Atlantic Beach, Florida
NA'kIt{40NIf5 OBPAR'lYEtiT
CONDENSED INWNB AND SlCPENSE S'D1TgtlF77T
Por F1eaa1 Year Ended Seatember 30, 1949
Operating Income
Petered Sales of i6ter S 7,420.02
Plot Nate Sales of velar - selmir 351.92
Hater Cct-iae 995.00
16oter Chscke 2.00
7bt.1 Operating Income
Lees: Operating Expeneea
Lsbor
Nepaire and Replacements
Electrlc Current
Rental of Pleat
Net Operating Ltcoma
Non-oparat]ng Eapenae - lntereat on Adnma Cmtssict
Net Income for Year
{ 8,368.84
j 1,430.05
320,63
631.63
250.00 2.632.31
i 5,736,53
statensnt 13
lbw of Atleatic Beach, Florida
WA'II~7YOPK9 FUND
S B1 TElD19T OP CASH Br CEIPTS ABD DISBURS9B+H 7S
Por Fiecal Ynar Fndad sepwmhar 30. 1949
Caah Bsceiata
Ifater Rents
Yinimm Chsrgee i 5,140.42
Exceea Charges 2,025.30
Saltair 327.82 { 7,493.54
Cut.ias 595.00
Peter Checks 2.00
TranaSerred lraue Oegatal Pund 4.532.76
Total Receiota
Diaburaements
Capital Budget
operating Budget
Debt Service
Total Diebureemanta
Balance ist Beech Bank at Sa~tombar 30. 1949
i 4,898.33
2,522.47
9.600.00
i 12,623.30
11.020,80
i 1.602.50
StstaosnE 14
lban of Atlaatia Bsach, Florida
NA?9iVi0RN3 ISPARTIQTI T
9100NHY S'D11F70Z7T OP APPROPgL1TI0H8,
IDCPEHDINIiES AND IHCOYBHANCBS
For FU¢al Sear BnMd Ssatssbar 30. 19A9
Bnoasbtanew
Asc:mt At C1.op Oaesassharsd
Aosroor7abd F~tamdlturp Ot 2aar Ba]asse
Cs
1 t
H~ j 1j904.43 i 1,923.25 i( 18.82)
P®p Station 1,000.00 759.56 240./,y
Hen Pipe, Yeters, eto. 1,000,00 1, 7g8.%
Pngiaeerfag Pees i 4.A~Of„100~ -b,. e33
00 2 00
Orate tfn
Hmt i 250.00 i( 250.00)
Lbor-Rrt TJms Yafntenmce i 720,00 710.00
Lsbor 900.00 '(110.05 189.95
Bepaire end Heplacetsnte 2 2: .SZ2.47 170.63
Bleatrl¢ Current 00.00 0. 0
Debt Service:
Paynsnt an Purchase ContmcLi 3,000.00 i 3,000.00
Interest on Purchase Cmirac _ 3t 6W,W X00 0.00 ~~~_ ._Wj
Or¢ad 1bta1 ~ i 10.%4.43 f 11.Q20.80 f 2.992.39 i( 3.938.76)
8tsts~snt 15
1bw~ of Atlantla I3eaob, Plorida
9PF.CIAL SI;AWILL &yL+ROFX(.T POND
BAIAIJCE SHBST
As At Seg4eabsr 30. 1949
63SE8
Cash in Desah Hank i 60,43
AaeeaamenLe Due tmm AbuLtiag Property O,nars:
Sand-bagging and Nip-rapping i 3,595.E
rie Naeks 2.707.40 6,302.62
Fuade to be Prodded 920.77
IbLsl Aeeate ia<,~i52eg
ISADILIT7F5
Acoo~mte Payable i 3 713.b0
Due General Puad 3!570.42
b~al l.iabilitins f 7_~Aa_e~
Btatlssat lb
9ben of Atlantic Beach, Plorlda
SPECIAL SfANAI.L H187tDAlCI F1470
BHCSIP~ AND DISBURSl9lQ718
Por Fiscal Year Fndsd Becteabsr 30. 1949
Cash Sa Beach Beck at Oatobsr 1. 1948
8eeelota
Collaations m Aasearoepte aga]aet abetting
PrcPn'4Y osnero~
3andtaggiug and riy-roppiag i 2,390.66
lye-tacks 501.25
7ntareet m Aeasseamp
1bta1 2, .43
'Cranefero tram Oeosial Puad - 3.427.20
1bta1 Receinb
,}btar7, Cash Available
Meboroemate
Peymenta on ec»rgancy work liahalitiee
Court costa - collection snits
Balance in Beach Bede at Sentembsr 30. 1949
i 3,205.05
i 9,999.68
i 9,412.05
127.20 9.539.25
9tatesMnt 17
7bui of Atleatlo Beaoh, Flax'Sda
SPHCIAL S1iAflAL1 BfIMIDt41CY PIbD
3CHFADIB OP IF.Lp1QW4!? SBAIIALL Sla'>ZOPI~CY ASS&9SfD0i78
Santed~er 30. 1949
rtv Oise
LsPeyette seslty Co. -Copper Kettle
Seffite of Dr, Champ Ho]mee
Clittord A. Psyas
Charles Pelota (LoL 6, Blk 33)
Olover as]es
d. ?. 0. Cranford
Sollsae Y. Freessn
0. P, 2[cDsrmeat
Havel C. aoottea
P. Y. Clarlceoa
Baffiffi of Ifary A. DeOottae
Siooa F. ailliame
Due Yvller
Floreaee 3, Bull
J. Alvin Begieter
B. S. ibwers
Danghtrp Diners
Oq D, Dillon
say Millis
Pled L. u.it+~~
P1+ank D. Hiebee
a. N. &u6laer
sad
~R'-i'soeina IIe-Haob m41
i 342.48 i 454.4!
155.80 180.44
1.80.80 86.50
180.80 86.50
180.80 86.15
75.85 334.54
100.85 194,50
357.48
120.80 358.50
150.85 33.E
150,85 33.60
1b5.80 134.40
205.80 44.35
175.65
30.80 268.90
150.85 33.60
150.85 22.40
150.85 22.40
150.85 22.40
150,85 67.20
150.85
130.36. 67.20
f 3.595.22 6 2.707.40 ~ 6.302.62
sut...aL le
1b,n oP At]antic Beach, Plorids
SPECIAL S}i11lAIL EIQIi6F27CY PUBD
ACCOUB~ PA7GBLB
3eatsaber 30. 1949
Vendor
11113iAm Carletm
d. 6. CrietnpMr Co.
Duval Bnglneering and Contnoting Co.
Worlds Pipe end Supp],y Co.
General 87sotria Supp]y Corp,
General Y171e, 7aa.
Otekam~ioaes Poper Cwq~acty
Verrill Sbevms Drydock cud Bepair Co.
Yason-Smith Lueber Co.
B. B. YcCorniak & Sons, Inca
Southern Statae Bag CompatSy
K. 0. Barber
tbw7e
Bopid at
O~
~~l ~969r ~~
~
0wd
Aaom
t 1
_ ~6oo.aD s 172.00
3,740.04 566.13
1,069.03 199.33
712,13 139.60
232.25 43.35
66.00 72.32
133.06 24.7E
7,449.06 1,390.30
2b3.81 52.98
5.115.30 954.49
1,059.00 197.68
F 7~)ti~F7C~L']
8pte~at 19
Tom of Atlautio Beach, Florida
SAL'b1IR PA-INO FUND
BATANCB SB88T
As At Soptsmber 30. 19L9
A3SE7S
Cash 7a Bsach Beplc
Sbtal Assets
rueul2ras
IIpxaittnd Cc71eet7gns
oa. Oenerat Fina
ibtsl Liabilities
i 349.30
~.oo
stau.ent 20
Tom of Atlantic Beach, Plorida
3AL'D1IR PA7DiG FIND
CABN RECSIP IS AND DISBUBSHG2178
For Fiscal Year Fhded September 30. 1949
Cash Received
Pram preliminary assesemsnte
From General Pund
~a
Caeh Disbursed
Armco Drainage asd iktal Products, lno.
Plorida lymea-Unim
Jacksonville Journal
~~
Cash in Beach Dank at Saotember 30. 1949
i 567.00
66.00
i 633.OD
~ 1¢,~
72.00
~~ 1~~1~~7qq~~.7~~0
meesslHari~:~
9tatsrmt 21
1b~m of At]antio Eeach, Florida
PRDPIDi$ PVND
BALANCE SkiEBT
Ae At September 30. 19L9
FIXED PROYLRTIEi
Publ Ao ke
oineretor i 3,769.05
street Lighting IDcti}micne 1,703.36
sweet Equipment 200.00
Street Paving 72,488.07
Pine Protection - Extenaians and t{ydnants 1,711.3k
Seawall 175.262.35
'Duel fLbl.ic ~torka
UtillLies (Other than iYaterr»rkm)
Sewerage
Neptwe Beach Tie-in i 1,494.72
Sewerage Pnginearing Survey 8.509.38
Total IIti11t1ea (Other than ttaterworke)
Ge~ora~l~
9~rks
S 1,000.00
Tom hall 2,380.00
Oltice Equipment 702.La
Autos, Trucks end Equipment 7.769.38
1bta1 General
lb tel P7aed Properties
LLIBILIRIli9 AND IN7EST1@JT
Deferred LLbi111y - Padetel Aorks Agency m Sewerage
Boginsering Survey - Ropapable it and when project
Ss constructed i 5.900.00
Investment in Pixed Properties 211.089.19
Total. Liabllitias and Inveatcmat
i 195,13k.17
10,009.50
11.851.52
=i®
Statement 22
