Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Audit Report - 1964-1965
-, C ' CITY OF ATLANTIC BEACH, FLORIDA ' AUDIT REPORT DECEMBER 31, 1965 J 1 1 '~ Trwn AND MPS GERTiFlED PUBLIC ACGOUMANTY ' J~aVOnrru.c PtCdG e s CLTY OP ATLANTIC BEACH, FLORIDA AUDIT RRPDAT December Si, 1965 CITY OF ATLANTIC BEACH, PLOR IDA INDEX TO REPORT December 31, 1965 Page Number Certificate Le[ter 1 General Pund 2 - 9 Special Seawall Emergency Pund 10 - 11 Wa[er Accoun[ - Operations 12 - 15 Utility Revenue Bond Pund 16 - 17 Sever Pund 18 - 20 Comments 21 - 23 tY/ON Yla Y[IX- 1 i~ I' Tl~sox nxn Msxx CER TIFIEO VVBl1C ACCOVHT ANTS EEO aEACX BOVLEVA RO JAVUO~n ua 7. Pion v. „ ~~; ~ ~ January 24, 1966 ci iwo.c .^.. To The City Comnission City of Atlantic Beach, Plorida Gentlemen: Ne have examined the balance sheets of the various funds of the CI[y of Atlantic Beachi Flor idai as of December 31, 1965, and the related statements of cash receipts and disburse- ments for the year [hen ended. Our examination was made in accordance with generally accepted auditing stendardsT and included such tests of [he accounting records and such other auditing procedures as we considered necessary in the circwn- stances. In our opinion, the attached sta [emen[aT subject to [he comments on pages 21 through 23, present fairly the financial position of the City of Atlantic BeachE Florida, at December 71E 1965, and [he cash receipts and disbursements for the year then ended, in conformity with generally accepted accounting principles applied on a bae is coneis[ent with prior years. Respectfully submitted, J y aa,.~ •A-Q ht usiJ PeBe 1 CITY OF ATLANTIC BEACH FLORIDA GENERAL FUND BALANCE SHEET Oetem6er 31, 1965 ASSETS Cash on Nand and in Bank - Page 3 Taxes Receivable - Page 4 Paving Assessments Receivable - Page 4 Lot Clearing Liens Receivable -Page 4 Due from Emergency Seava 11 Fund Total Assets LIABILITIES AND PUND BALANCE Accounts Payable Refundable Contractors' Deposits Fund Balance Current Surplus Unrealized Surplus Total Liabilities and Fund Balance Pae2 $ 52347.38 30793.41 2032.25 542.94 2.322.56 $ 88,038.54 $ 329.13 1,100.00 $ 50918.25 35.691.16 86.609.41 $ 88,038.54 CITY OF ATLANTIC BEACH, FLORIDA GENERAL PUND CASH RECEIPTS AND DISBURSEMENTS 1965 Cash Balance at January 1, 1965 $ 2,081.18 Add: Revenue Receipts - Page 5 333,693.97 Total Available $ 335,775.15 Deduct: Expenditures - Page 9 283.427.77 Cash Balance at December 31. 1965 $ 52,347.38 Comoosi[ion of Cash ea lan<e at December 31. 1965 Pirs[ National Beach Sank $ 52,247.38 Change Pund 100.00 Total S i2, 347.38 Pase 3 W D Y[IX - LOf1I1[O [Y[tIG ~e'.YN, W~YN CITY OF ATLANTIC BEACN, FLORIDA GENERAL PUND December 31, 1965 TAXES RECE IVABIE Year Assessed 1965 S 23,826.13 1964 2,522.71 1963 1,677.57 1962 876.34 1961 384.69 1960 202.76 1959 277.00 1958 185.48 1957 96.12 1956 and Prior 668.10 Old Seawall Levy 76.51 Total $ 30,793.41 PAVING ASSESSMENIS RECE IVABIE ~ Yeer Assessed 1961 $ 1,814.75 1955 67.50 1952 150.00 $ 2,032.25 LOT CLEARING LIENS RECEIVABLE Year Assessed 1965 $ 328.34 1963 214.60 Total $ 542.94 Pa e 4 ,....~.,,....,....-.....,,.,w .,,.~,c nccwnrwm~ 1 1 1 CITY OF ATLANTIC BEACH, FLORIDA GENERAL FUND REVENlSE RECEIPTS ESTIMATED AND ACTUAL 1965 Actoun[ Estimated Actual 101 Ad Valorem Taxes - Current Year $ 59,500 .00 $ 58,822. 67 102 Ad Valorem Taxes - Prior Years 28,000 .00 15,673. 67 103 Licenses 14,500 .00 15,567. 25 104 Fines and Forfeitures 13,000 .00 13,955. 00 105 Permits 2,700 .00 4,362. 45 106 Electrical Pranch ise 10,400 .00 4,986 .54 107 Garbage Collection 35,000 .00 33,251 .64 108 Street PavSng Assessments 500 .00 351 .23 110 Pena Lt ies and Interest 600 .00 579 .26 111 Miscellaneous Collections 11,000 .00 18,025 .76 112 Telephone Franchise 1,000 .00 1,253. 58 113 Radio Service - Neptune Beach 3,000 .00 3,000. 00 114 Lo[ Clearing 800 .00 1,629 .18 115 S. M. Sever Charges 156 .00 241 .50 l16 Sever Service Charges 34,000 .00 36,619 .61 117 Royal Palms Sever Service Charges It3 2,500 .00 2,766 .80 118 Royal Palms Sever Service Charges ll4 5,000 .00 4,051 .00 i20 Contractor's Deposit (Net) -0- 1,100 .00 121 Transfer from W.O.M. 6 R. Account 24,700 .00 24,700 .00 122 Transfer from Water Revenue Accounc 46,585 .00 _ x_756 .83 Total S 292,941.00 $ 333,693.97 Page 5 1 1 CITY OP ATLANTIC BEACH, PLOR IDA GENERAL FUND APPROPRIATIONS AND EXPENDITURES 1965 Account 201 202 203 204 205 206 207 208 209 210 211 212 213 214 ADMINISTRATION Personnel All Insurance Office Suppliea City Hall Repaizs Audit OASI and Expense Office Utilities Assessor Advertising Commissioners Pund Election Expense City Manager Expense Memberships Radio Repairs Appropriations Expenditures Total - Adminiatra[ion $ 27,220.00 $ 27,210.02 4,041.40 2,686.58 4200.00 3,983.21 1,270. 00 959.10 1,400. 00 1,400.00 6000. 00 5,729.18 830. 00 827.92 2,400. 00 2,400.00 900. 00 796.02 300. 00 257.21 500. 00 445.79 250. 00 131.03 500. 00 478.00 1.250. 00 1.047.00 $ 51,061.40 $ 48,351.06 PUBLIC BAFRTY 301 Personnel $ 69,620.00 $ 69,516.25 302 Uniforms 1,500.00 1,448.10 303 - A Police Suppliea 1,050.00 930.38 303 - B Fire Supplies 425.00 367.59 305 Red Cross Life Saving 100.00 100.00 306 Jail Meals and Supplies 700.00 666.69 307 Utilities 2,050.00 2,000.92 308 Building Maintenance 1,055.00 1,054.18 309 Radio Repe it 280.00 266.41 310 Schools and Training Program 250.00 201.36 311 Numane Society 900.00 900.00 312 School Crossing Guard 200.00 200.00 Total - Public Safely Page 6 ...oa .ao r~u - $ 78, 13C .00 $ 77,653.88 CITY OF ATLANTIC BEACH, FLORIDA GENERAL FUND APPROPRIATIONS AND EXPENDITURES 1965 Account Approoria tions Exsendi [ores TRANSPORTATION 401 Personnel $ 5,400 .00 $ 5,354 .24 402 Gasoline 5,575 .00 5,564 .47 403 011 and Grease 425 .00 421 .33 404 Parts and Tires 6,500 .00 6,371 .63 405 Supplies 1,000 .00 993 .20 406 Shop Tools 400 .00 38L .74 Total - Transoor[s[ion $ 19,300 .00 $ 19,086 .61 SANITATION 501 Personnel $ 13,273 .00 $ L3, 272 .93 502 Garbage Disposal 2,192 .00 2,178 .96 503 Containers 1,650 .00 1,640. 71 504 Supplies 230 .00 226. 82 Total - Sanitation $ 17,345.00 $ 17,319. 42 LABOR 601 Personnel $ 43,405 .00 $ 43,404. 90 PUBLIC WORKS 701 Tools and Supplies $ 1,000 .00 $ 983. 64 702 Utilities 1,350 .00 1,240. 14 704 Beach and Street Ends 3,000 .00 2,894. 91 705 Drainage 800. 00 549. 62 707 S[ree[ Light Bulbs 300. 00 -0- 708 Street Resurfacing 10,000. 00 9,947. 08 710 Engineering Service 1,300. 00 26. 48 711 Street Stgns 1,000. 00 955. 84 712 Building Maintenance 300. 00 285. 97 Total - Public Works $ 19,050. 00 $ 16,883. 68 Pa Re 7 iV WN [NO Y[[I( - C[[T,I,[4 sJ [,.,~ ~~~s,,,v[~„~~ C ZTY OF ATLANTIC BEACH, FLORIDA GENERAL FUND APPROPRIATIONS AND EXPENDITURES 1965 Account SEWER DEPARTMENT 801 Repairs and Replacements 802 Plan[ Maintenance 803 Utilities 804 Chlorine and Chemicals 805 Supplies 806 Tools 826 Transfer to Water Revenue Account Cex[ificate 84 827 Transfer Co Sever Pund Certificate U3 828 Transfer to S. M. Sever Pund Total - Sever Department PARXS AND RECREATION 901 Personnel 902 Recreation Supplies 903 Tools and Supplies 904 Recreation Contributions 905 Park Lighting Total - Parks and Recreation PaKe 8 Appropr ia[ions Expenditures $ 1,500.00 $ 1,462.03 1,200.00 1,158.09 2,800.00 2,492.40 2,750.00 2,739.87 269.00 260.57 150.00 34.44 L, 800.00 1, 620.40 1,150.00 1,106.72 156.00 241.50 $ 11,775.00 $ 11.116.02 $ 7,316.00 $ 7,215.70 1,200.00 644.71 300.00 257.68 800.00 797.56 900.00 667.35 $ 10,516.OD $ 9,563.04 CITY OF ATLANTIC BEACH, FLORIDA GENERAL FUND APPROPRIATIONS AND EXPENDITURES L965 Account Appropriations Expenditures CAPITAL APPROPRIATIONS 1002 Administration $ 4300.00 $ 4,170. 97 1003 - A Public Safely - Police 5,500.00 5,328. 75 1003 - B Public Safety - Fire 2,475.25 2348. 09 LOOS Sanitation 4,300.00 4,280. 75 1007 Public Horks 16,373.35 16,365. 69 Total - Capital Appropriations $ 32,948.60 $ 32,494. 25 CAPITAL LMPROVEt~@NTS 1011 S[ree[ Lights $ 4,210.00 $ 4,210. 00 1012 Park L, 000.00 834. 36 1014 Alterations - Public Safety Building 2,500.00 2,490. 55 To[el - Capital Improvements $ 7,710.00 $ 7.534. 91 1050 Et~RCENCY EXPENSE FUND $ 1,700.00 $ -0- Grand Total - All Departments $ 292,941.00 $ 283,427. 77 Page 9 rrwn wnu ~iax - curmm rv~uc wccvcwrwnr~ 1 t 1 1 CITY OF ATLANTIC BEACH, PLORIDA SPECIAL SEAWALL EMERGENCY FUND BALANCE SHEET December 31, 1965 ASSETS Assessments Due From Abutting Property Owners Punda To Be Provided Total Assets LIABILITIES Due General Fund $ 2,053.79 268.77 $ 2,322.56 $ 2,322.56 Note. The only actlvlty affecting th le fund during 1965 coneieted of the collection of our assessment from Ray Willis vh ich vas included in miscellaneous collections Ln [he General Pund. Page 10 COITIfIfD /U /LIC ~LfAIIMAHT/ CITY OF ATLANTIC BEACN, FLORIDA SPECIAL SEAWALL EMERGENCY FUND DELINQUENC SEAWALL EMERGENCY ASSESSMENTS December 31, 1965 Property Owner Elizabeth Payne Lalla J. Pe lo[ Glover Weiss Drewey Stynchomb Esta [e of P. M. Clarkson Anne R. Rodgers R. S. Toners Daugh try Twers Total Sandbagging and Rip-Rapping Tie-Backs To[a L~l) $ 180.80 $ 86.50 $ 267.30 180.60 86.50 267.30 180.80 86.15 266.95 75.85 334.54 410.39 150.85 33.60 184.45 30.80 268.90 299.70 150.85 33.60 184.45 Li0.85 22.40 173.25 $ 1,101.60 $ 952.19 $ 2,053.79 ~1~Does not include accrued interest at 8'/. per annum since June 25, 1948 Page Ll -carmen ~u~uc •emurt~xn 1 1 r CITY OF ATLANTIC BEACH, FLIXIIDA WATER ACCOUNTS - OPERATIONS BALANCE SNEET December 31, 1965 ASSETS Cash in Bank (Page 13) FUND BALANCE Wa[er Revenue Accoun[(1) Water Operations lla intenance and Repair Accountt l) Water Revenue and Replacement Fund To[a1 Pund Balance (1)AVailable for [ranefer to General Fund Pace 12 $ 1,512.53 134.51 9,155.75 $ 10,802.83 $ 10,802.83 ~~ ~~ CITY OF ATLANTIC BEACN, FLORIDA WATER ACCOUNTS - OPERATIONS CASH RECEIPTS AND DISBURSEMElYfS 1965 Cash Balance a[ January 1, 1965 Add: Revenue Receipts (Page 14) Total Cash Available DeducC Budge[ed Expenditures (Page 15) Cash Balance at December 31, 1965 Composition of Cash Balance aC December 31, 1965 Na [er Revenue Account Water Operations, Maintenance and Repair Account Water System Revenue and Replacement Pund Total Paae 13 $ 1,512.53 t34.51 9,155.79 $ 10,802.83 $ 38,905.92 124,849.20 $ 163,755.12 152,952.29 $ 10,802.83 TYgN ANC N[O(- COIIIII W •paLIC ACCOUNTANT/ 1 1 1 CITY OF ATLANTIC BEACH, FLORIDA WATER ACCOUNTS - OPERATIONS REVENUE RECEZPTS ESTIMATED AND ACTUAL 1965 Account 1101 Minimum Water Charges 1102 Excess Water Charges 1103 Cut-In Charges 1104 Service Charges 1105 Cigarette Tax 1106 Utility Tax Tota la Estimated Actual $ 34,500.00 $ 34,094 .17 9,300.00 9,752 .13 3200.00 4964. 52 650.00 641. 00 35,000.00 43,043. 87 33.100.00 32.353. 51 $ 115,750.00 $ 124,849.20 Paze 14 ~iw.. ....~.....-......m.v rv~uc wccwnrwnr~ 1 1 t CITY OF ATI.ANL LC BEACN, FLORIDA WATER ACCOUNTS -OPERATIONS APPROPR ZATIONS AND EXPENDITURES 1965 Account ODerations. Ma in[enance and Repairs 1400 Indirect Casts Transfer [a General Fund 1411 Repairs and Replacements 1412 Tank Maintenance 1413 Utilities 1414 Chemicals 1415 Building Maintenance 1420 Miscellaneous Total - Operations, Maintenance and Repairs Renewal and Replacement 1501 Mains, Meters and Service 1502 Water Reserv for 1503 Bmergency Na[er Plant Total - Renewal and ReDlacemert[ Fund Transfer and Ocher 1221 Revenue Bond Fund - Bond Principal 1222 Revenue Bond Pund - Bond Interest 1242 General Fund 1243 Increase in Fund Balances Total - Fund Transfers and Other Grand Total - ALI Accounts PeRe 15 ADnronriations Expenditures $ 24,700. 00 $ 24,700. 00 5,500. 00 5,331. 28 9,000. 00 7,094. 11 3,300. 00 3,018. 15 700. 00 619. 76 300. 00 262. 43 600. 00 513. 56 $ 44,100.00 $ 41,539.29 $ 7800.00 $ 5,330.77 1000.00 -0- 500.00 -0- $ 9,300.00 $ 5,330.77 $ 7000.00 $ 7,000.00 6,282.50 6,325.40 46585.00 92~J56.83 2.482.50 -0- $ 62,350.00 $ 106,082.23 $ 115750.00 $ 152,952.29 TYWN AND NaOt-CObilliD NaL10 ACCOYMTAMT~ 1 1 CITY OP ATLANTIC BEACN, PLORIDA UTILITY REVENUE BOND FUND BALANCE SHEET December 31, 1964 ASSETS Cash in Atlantic National Bank - Page 17 Fixed Assets -Water System Water System constructed since May 1958 from proceeds of bond issue -Cost Nev Water Mains, Service and Metera added from Revenue of System - Cost~l~ Total Asse [s $ 28,065.97 $ 230,962.16 106, 916.03~2~ 337,878.19 $ 365,944.16 LIABILITIES AND FUND BALANCB Utility Revenue Bonds Payable $ 183,000. 00 Cart if ica [es of Indebtedness Payab le~2~ S elva Marina Realty Company l12 $ 4,700.00 Interstate Contracting Company04 18.60 4,716.60 Total Liabilities $ 187,718. 60 PUND BALANCE Investment in Water System $ 150,159.59 Restricted 26,065.97 1.78,225. 56 To[a1 Liabilities and Fund Balance $ 365,944. 16 ~1~$ 5,330.97 added during 1965 ~2~no[ Including accrued interest Pa Re 16 TNX MY I~i~!{ ~ Gflfl,I1~4 rV ~LIG IIGGVYI, TIIIVT~ 1 w 1 1 1 1 CITY OP ATLANTIC BEACH, FLORIDA UTILITY REVENUE BOND FUND CASH RECEIPTS AND DISBURSEI~NTS 1965 Cash Balance a[ January 1, 1965 Add; Transfers from Water Revenue Account Interest on Sevinga Total Cash Available Deduct: Bond Principal Paid Interest and Paying Agents Fees Cash Balance at December 31, 1965 Comnos ition of Cash Balance a[ December 31, 1965 A tlars[ic Na [tonal Bank - Checking Account Atlantic National Bank - Savings Accounc Total U1D N[[,[ - Page 17 $ 27,901.05 $ 13,325.40 402.57 13,727.97 $ 41,629.02 $ 7,000.00 6,563.05 _ 13,563.05 $ 28,065.97 $ 18,065.97 10.000.00 $ 28,065.97 1 1 1 CITY OF ATLANTIC BEACH FLORIDA SEWER FUND BALANCR SF~ET December 31. 1965 ASSRTS Cash in Banks - Page 19 Uncollected Sever Assessments Sever Construction Costs Uncollected Selva Marina Tax Fees Less: (wount due Be Lva Marina Realty Co. Total Assets $ 23,019.45 26,597.00 670,302.65 $ 1~ 950.00 648.50 1.301.50 $ 721,220.60 LIAB ILITiES AND PUND BALANCE General Ob Ligat ion Bonds Payable $ 275,000.00 Certificates of Indebtedness Payable~l~ Selva Marina Really Co. !tl $ 20,737.91 Interstate Contracting Company #3 15.389.48 36127.39 Fund Balance Government Czant $ 67,093.29 Special Assessments 330,098.35 Revolving Pund 12.901.57 410,093.21 Total Liabilities and Fund Balance $ 721,220.60 ~1~Does not include accrued interest Page 16 TYNM AMU Ma[K - L[aT111[O In ~LIL ALLUU U~~uf~ 1 1 1 1 CITY OF ATLAHTIC BEACH, FLORIDA SEWER PUND CASH RECEIPTS AND DISBURSEMENTS 1965 Cesh Balance at January 1, 1965 Add Cash Receipts Revenue Receipts - Page 20 Less: Beginning Cash Balance included Total Cash Available Deduct Cash Disbursed $ 31,480.60 $ 39,258.55 31,480.60 7,777.95 $ 39,258.55 Budgeted Expenditures - Page 20 $ 38,758.55 Less: Ending Cash Balance included 23,019.45 $ 15,739.10 Payment [o Se lva Marina Realty Co. 500.00 16,239.10 Cash Balance at December 31, 1965 $ 23,019.45 Composition of Cash Balance a[ December 31, 1965 The Ocean State Bank First National Beach Bank Total Page 19 $ 23,014.04 5.41 $ 23,019.45 - caaranm ~un~c wceeuwrwax~ 1 1 1 CITY OF ATLANTIC BEACH, FLORIDA SEVER FUND STATEMENT OF REVENUE RECEIPTS 1965 Sewer Pund Beginning Cash Balance Collections on Sewer Assessments Interest and Miscellaneous Collections Total Estimated Actual $ 2,480.26 $ 31,480.60 25,000.00 6,075.04 1,150.00 1,702.91 $ 28,630.26 $ 39,258.55 APPROPRIATIONS AND EXPENDITURES Sewer Fund ADPropriations Expenditures Bond Principal $ 5,000.00 $ 5,000.00 Bond Interest 10,765.25 10,739.10 Sewer Construction 1,150.00 -0- Ending Cash Balance 11,695.01 23,019.45 Total $ 28,630.26 $ 38,756.55 Page 20 nwn wnu w~u - c~wrv,w rv~uc wccevgrwxrw t 1 C O M M E N T S GENERAL FUND General Fixed Assets - The City has not established formal property records and general fixed assets are not reflected in this repoT[. Operations - Revenue receipts and appropriation expenditures for the years 1965 and 1964 are summarized be Lov on the cash basis: Revenue Received Ad Valorem Taxes Licenses Fines and Forfeitures Garbage Collection Charges Sever Service Charges Transfer from Water Revenue Account Transfers from Other Funds Other Receipts Taal Increase 1965 1964 (Decrease) $ 74,496 .34 $ 69,159.04 $ 5,337 .30 15,567 .25 14,643.20 924 .05 13,955 .00 10,262.00 3,693 .00 33,251 .64 32,205.79 1,045 .85 43,678 .91 36,298.83 7,380 .08 92,756 .63 26,000.00 66,756 .83 24,700 .00 22,700.00 2,000 .00 35.28$ .00 31,540.98 3,747 .02 $ 333,693 .97 $ 242,809.84 $ 90,884.13 Expenditures Administration Public Safety Transpora[ion Sanitation Labor Pub Lic Works Sever Department Parks and Recreation Capital Expenditures -Equipment Capital Expenditures - Improvements Emergency Expense Fund Total $ 48,351.06 $ 53,470.43 $ (5,119.37) 77,653.88 72, 61b. 29 5,037 .59 19,086.61 18,796. 36 288 .23 17,319.42 14,374. 98 2,944 .44 43,404.90 44,010. 71 (605 .81) 16,863.68 22,320. 04 (5,436 .36) 11,116.02 12,031. 98 (915 .96) 9,583.04 5,646. 56 3,936 .48 32,494.25 17,784. 51 14,709 .74 7,534.91 6,506. 72 1,028 .19 -0- 11,141. 85 (11,141.85) $ 283,427.77 S 278,702. 45 $ 4,725 .32 Page 21 TYWN AND N{{N - CgT1I1{D ~Y{LIC ACfAUNTUIT/ Hurricane Disaster Aid - During 1965 the City received $ 45332.00 in disaster aid. Of this amount $ 28349.31 was credited to cash expenditures necessitated by the Disaster end the remaining $ 16,982.69 was included in miscellaneous collections. WATER UTILITY FUNDS Fixed Asse [s - No reserve for depreciation on fixed assets of the water utility funds is shorn as the City hoe no[ established depreciation data. The transfer from the Water Revenue Account [o [he Water System Renewal and Replacement Fund is based on a percentage of gross water revenues, and is not a depreciation expense amount based on established depreciation data. Investments - In accordance with our prior recommendations a portion of the cash balance required to be main [a fined En the Utility Revenue Bond SSnking Fund vas transferred to a bank savings account, resulting in addlt tonal income to the Ci[y. It is recomiended that similar investment of other funds temporarily idle during the year be considered since banks in [he local area have advertised policies of peyinK daily interest. Page 22 TY/ON AMG M[tl[ - CCITIIIfO tUaLIC ACCOUMTAMa OPERATIONS: A cash basis suamary of Nater Utility operations for 1965 and 1964 is presented be Low: Increase 1965 1964 (Decrease) Opera[inR Income: Water Charges $ 43,846.30 $ 42,398. 30 $ 1,448.00 Cut-Ins and Service Charges _ 5,605.52 4,087. 35 1,518.17 Total $ 49.451.82 $ 46,485. 65 $ 2,966.17 Opera[inR Expenses: Indirect - to General Fund $ 24,700.00 $ 22,700. 00 S 2,000.00 Direct 16,839.29 8,565. 49 8,273.80 Total $ 41,539.29 S 31,265. 49 $ 10,273.80 Net ODeratinR Income $ 7,912.53 $ 15,220.16 $ (7,307.63) Ocher Income: Cigarette Tax $ 43,043.87 $ 33,685. 78 $ 9,368.09 Utility Tax 32,353.51 32,350. 60 2.91 Total $ 75,397.38 $ 66,036. 38 $ 9.361.00 Other Expense• Bond Interest and Other Charges $ 6,325.40 $ 6,791.95 $ (466.55) Ne[ Lncome $ 76,984.51 $ 74,464 .59 $ 2,519.92 Page 23 ~vbM ~M~ Y[O[ - C0TII1[O ~II~LIC ~EEOaMTU111 \, ~. BEST IMAGE POSSIBLE ~~..~, _J iyrhy THE CITY OF ATLANTIC BFACN /~~a ~LV •t.j'i 1, w _r !!« ..~~y</ Jam. /r,( ~/ J 7( Jd '~•: 2 ~~i~~~ d.t-q•~C l .. - ~ I L'' 6 ] I jaw :_ /Uc. .-,u ~lc- /9Cr ' "Ll/~~~ ,~. /, i ./.,..,,,.. / SC~.~r /.:,,::~ G::.. ,.. h HCY J /y , Y- / ( ~) 7R..< /1,,,,. a LLB -(yc:- i~~~/ r - /yC3 }J~ r / - l9Ga y(yt /9~y 13~= C~ llccawl~l ~.7.~%~ ~SfS2/ BEST IMAGE POSSIBLE ., ; , ,.;; O. ~„ il..~ .`„ ' /./n/%v N" 1 /., Y r'~~./., cif/..r ;J .. e~f-.. ,i.. r~,.[~//. •~ ~ 9~i ~c ~~.~ C. -., 1.-rf /t ~ \9 oq ,P.. ,., ~,~. ~.... `. ~1.~,_ r tr, ~.. ~ ~~. ,'~~, ~ ale i3 1 `~ +_ /. /I l - ,~+ . L ( i /M M1't /+X f .Y.. [ y /~ ` De Nei Ptt°AP 4~ ,.l.~,,! .~. r' G. ,sti ,~. . % - , 1JJ/~ . / ~ . ~ s yl~. y , ,?i,9 daJj'~7 . ..,.,-, ~ r { ~ ' i..~ I?vJl - 174J y~(.! / /- .: 1b in 7> /you... lr- a. <..._, /o~.:;_, 6' BEST IMAGE POSSIBLE ~:+a ~~.,1 ~..~ .t/~/F /4.. ..i / ,`~ / ,.;,<<, f- r, ,~ '~ ~. .. ,. r~ /. .~ a . t. G „ t...~ .,c., ~ h% ,z~„ ~... ,~,~~. g;o 3 i~~6.. , . .. ~, ~... , !. ~ .... :, , %t ,. ~ ., J./`...C Fl~.i .-./ /zP6e ~ ~ ' /~-~6 a BEST IMAGE POSSIBLE ,.,; tad, .~,,,._. .~-../ ~..d i z~~~~ ' Oi ~~:. .., ,~'.:.L.,.~ / ,f r, 1 r .,. :~ ~._ _..i ,~ ~._ r ~. cry . y 4 i j ~. ,,_ ~; Gc, .. , .. 3 T .. . 7e ti , ... ~. G.... .. ~. .r.. c.a ( t 1•/7~/~V BEST IMAGE POSSIBLE ,,u t ( DTI At.-rn ~. ~ 1 L' d r I W 6. _ 11. Ste.... , %..,,.i ~. "` ~j w r. G~....~,~ s-~4~a,~:._~r,,.~ P.~.~kk, fa-- Y v ~r ,. ~ ~ ~.a.., _. :7 r r~~ ~ = 6 V Ct~4ct. 61 iJcsc.w/ Os¢a.ru w.<~./* ~ .,'w J~ ,~ , Atti;uat 13, 1964 ;/con e: tteot:, c, r, n. 3250 Dccoh ?otil.ovard Jaet::.onvillo, t?].orida Gcntlenon: ne gor ye;tr rec;uo:at to tho City Clern_, I 3aave re'vio~aec? t::o i~~uranoo coveraE;e on ttx~ ..atcr rlant, 3rdudi.t~ t~c~er, gang !:o,.;s.o attd contcnto, ~iiad Pi.ntl ttwt ttao oover~o ap,;earn to Uc ;ule _~to baoed on t:ic a;;o oY tt;c; iT,FIttT'cCI it :na. Very truly yOtu s, Johx! R. Priiaton, City ttanat,er J S':Uo ••s ~'~~~ ~,, , ~~ . ~~ Cti~~c.~-~ 7 ~,~(`~ ~ , ~c a-,. ~~ ~-, ~Q ~~ ~-~ °~` °~~~-~-~ ~~ , ~' G~ '" ~+ ~~P,~ y ~. _ __ ~~ ~ U ~~ r ~- C~ AVER~F AND WILSON, INC. 9a,,.,a~~, .,Aad 1~2.aP ~rar. Tyson & Meek, C.P.A, 32[0 Beach °lvd. ~acksomill e, Fla. OwtleamT ]i3 FIRST AVENUE NORTH, lACK50NVILEE 6EA01, nO0.1DA POST OFFICE 60X 178 Pharo: CHmy 9-566] We here bcm advised b7 the City Nanagar of the City of AlLntdo Bpeh that yeu TPSshad ne t9 rR'lte a latter stating COVeI'ag8 m the rater systa~. we Lave a soheduls of p7opertdes oaosd b7 tha city and w rsra farsiaMd this by the eitp to iFinan apiast Lha haaards of fire am 1lghtnioQP sxtendsd coveragsR vendaldeaand aalioiaFS rischisf. ~g the itss schsdaled ara SL® (%2 -Rorer and ester tack, 469-11th St. rim a valor of i25Ro001 and Slav p3 - Pmp hoaaeR IF69 11th St, rl th a valve of the bnlld.ng of lr2~500 and cmlavte in the ssomt of =5000. Ihesa tro itsu sear to be the may Step that vex incl oiled Sr the enhadnle pertadFFiog to the inter rgstee. There an oevaral lift etatime included but we presvae that these are fa refereFxe to fhe esurr eyatFr. `rvsting this is the ddorrtlon dpired and U rs can be of asy fFather help kindly advise. Ioors very trD1yR YHBthp CCI .lehn B. PrinWa City Xgr. Atl. Bch. ~~-i ~~1>ps IR,'. :.. /_~• ..~ ~~`~ Y'Li E" ~~~ 196 ~~~ ` lY~~ F[OV Baw[N B U y-V [ PNII~. NucCiO N T"NI" W ~[[~"N B[xN[OR[ < J"cN[Oxvit[[ TAIIAHASSEE J"°" [`[ cwn[Ni[w CNUfi[ J. B[N[wCNlf Mi[NI WILI[RO P[[et[[ WIww000 ~~.~~.[ @r~wr~ ~..~., ~i8 -b~s. Adele 8. image City Clerk City of Atleatic Beach Atiaatic Heath, Flosids Dear Mra. 6raget this x111 actaorledge ritb tbaate your City Amin Yor the year ending Decsber 31, 1985. Very truly yrnas, HOfUHD 2II~T A8'gIBPAff CWG'IIiCLT~ rimnciu Aauyst a:hta 7 r, ,. I~~ ~° ~'~ Ij~ "'l ~ J ~ _U ~' T J.1 r ~'=. [S.O~ 67.4 2 7 9.9 J 1 4 1 6 0 1 1 2 1 329.13+ ~.. ~i -!- ~-~ f ' ~ . ~ ~ J ~'~~L'G~ f (/ V// l c~F,~tlac, (~lit~C~-_~ ~.twtF {,,~e , o~J~ Do U, r.., =~ --- ~ ~.~ - -- -- - L---= ~ --- - ~ ~- ~.,,. ~:; ion -- god CITY of,ATLANTIC BEACH, FLA. J ~c¢u~Er,~ ~up1- ~,~~ ~~P ,r< p aea~deJ u n , ~ c.~s~-7[r%i l~i~cc.cl,~..l ia-~-rD.C Irv c2 O ia~s _ aa~E~ .,,R~e 8za~sso n cum '~ ~~ 7cree,~ Kam, i~~~~br ~, D _ _,__ .. lama a.l, . a P c a,ra a .. O v _! ~BxvS ~ ~ ~ ~~~ ~ ~ ~/~ ~ ~~ n/ rJ dal: r~ 1^'~P I.O~,~[CEG(,~~ _~~ I S I flIL / oa/ I Y181a ---_ .._ ~R. U ~R63 ¢p~~j~T~/~dlN/.GLEE! .. Q~~Q _ ~ 424897 _ ao ~GUe,Ea.c a, l P .~.~ EE6j . a~ 123-i~b~ /; n. \ C2Utl1%C ,, ~xlL4.~ 3zq 13 Gt,i t"' 3~ 13 ~.o ~ee2cnQ C{,I P alp /z~~l~e~ _: O~J ~W ~ /~hCt, ~ - - O cLuce~i.QcC~uur,lw~ ~164z¢8 3ab4288 I I~ 7 ~ ( 1629 S) ~4xq`F, ~/'cv -Pf.r.~.(y~9 v ~ n -~ ~ ~ ~ ~ ~ ~ i _ p ~ I~4S~) _ ~ a / __ ~ ° ~A n 7 3~-~sa kz.LG)~~~~ ~ ' T 3i1~3 3~fs ~3 i ~. ~ ,L . I 1 ~ ~ I 1 `~ i ~ 1 I + ~ 1642 SS ~ ~ - ' q!Pss~ ~ So (1ax4, ,pta.,o ~aeccrvzYct ~r Y Gb~P `~ Y'~~'#~I!o! ... , .. . y _ ~ /66 .zs~yt °~z-s¢c~-v w I I 1~4aQw-~z83k~~:97 ` '- ~ I X298,97 ~ ~' ~ i ~ ~ . _. i.. ! ~ 1 ~ _. I . i __ . ~ I 4 1 ~ II " Qa v'. _ V I' r ;Q. e8 y E i ,o: .~~ .- •..~ _ __ 6. ;_--~ _ l.._~ 1d - --_ ___ ~ ~.. Ct.~`-y ~ Q~4~~t,1tie. I~eacQi,~aLr.L~iL q S~zu,~,o> ~~ lirc.2d t.(.ccw -~.) Rece.,u~a.~-ec. _ __ (z'L(•L 1~ ..ivv CcuceLn QePlu~ka~~~a A~-~. Pc'J _ ~2Cl.J IZ'~~cy~ /A6f sY ial~.n~b~ ' _ ! w.~of IgbN 16LG533 /531380 236153 aSa~.'11'/ Iq!°3 a4 zbo7 7979(0 _. -: /b~B ~~ Ib79;'. ~.,- ... R ~ - ---.__.- ~----- ~ _- 1%z l°66 a9 6 Yo 8964z 87b3µ _ IGbI 53zu{- 18951 _ 34i~3 38µfoc~'/ _ ___ - ---__--_ICi~...._ ___. oZ°3t03 _ __--. 4a3S _._. ...ib ~~g _ __... d02'I~/_-_- - Iq Sg _ 34S~fo 8191 26331 d9`lo0 _ _. _ I'kS8 ao4yq .xa~S 1763w - _ ._.. 18548 _ - _ 195 _ 1lxQo __ _ ai-Z~f - --~ - 849(0 - -- -- -. gciL _ '. / _. , _ ~ -.. _. ~- q5' ~~ 7 69S8s a~18 GC?1o G6i ~O . ¢~lroiaL(f 7651 7651 _ - •lb Sl ~-- - _._. az3S81~o (f6'1367 G68µ43 6R69ag _ _ _ 7.(.t.~P GQ P.*.(cP Ctn. (d-P-Q ~G/ _. _ auk .Q*.22.P~ ,CU ~r ~CJ~,h~ ~ t9~~ r-- /duel, . __ _--- _- __ _ _._ _ _ - :- _- _ ~ 1 _ igax SF.,.t ~ Q~w~~u,PJ II 2a(,~ II Y,aS~.,<w p I ~ ~ i ~ ~~ ' ~-- --- ~,---- - sn !' ~, .,: 'U+'.R + . ~ -- - -- b ' 1 , 1 2 14~t9b I i~_f_I I } I I I I I , I I I I I~~ i I ~ I i`~I Il l i~ i~ ~0. m( Z x>•,ri~ f '~I Q481o ~ I, ~ yIL1D ~9 i (_ ~II I~~ i '~ ~ - ! -I l I f 1 ~ I ~-- ,_ I ,-~' -~1~ i j ~ ~ I ~ 1 _ 11 ~ ~ u !. ~ III L111 I~ 1 .-i ~ - I~- ~-~ ' f' I~_s_3a4.w..,.~__ I G ; Z i~,~'-wy~ i'I!I I _ II i ! ! i ' O, i ,r .l , l v~+zg ; I r C ~siasi ~ ~ ~o~Zoza, I I l ~I ~ ~ I J I .. ;~j ~_ I : /~ c. A.. ~-~.tiJw.. TR/~N --___' i - I x'13{BLL~~ 193fd 4f ~. i I'i ~~~ ~ I '` o• _.~; I .:. ~- .. _ ,: r.~q ~Qo aiQ. tt.i 'G.~, l'n vjk Qw-A/ , ~~~.V SI~~ 134 SI 'I ~ ~~'~ ., , ~ _ _ ~ - ~, ! I I i I I I I N _ - ' I ~, , I ~ ~ i o -~ ~ ~ I ~ ~ I -h ~ G~'I~,.w,W~t-z ' , _ ~ O am e~.ua~aF~x ~iu,~ /6aPstu~J , e~ '~ ~ c~ee dhlsuue+~cuc~t- .eu~~~.! a..J ecUtau,,,{~ Y-rs~•acK«., ~ _ --- - - ~ I I ~ --~ ~ t I~~I i Cr;, ~ I ilii rlr -- I ~ !i -~- I ~. r ~ i--; ~ - I ~ ''~. I i ~ I i I I I '! ~ I ! ; l i I - -- - rl - w I II I~ 1 , l i .~ ,. ~ .i I Iji 1 ~ I _ ~ 1 ~ 1 ~ I I _I - ~ i - _ ~ , I - I ! d I i I I ! ! ~ , , I , i ! ~ ~ _ -~ i III I- ! i ~ t ll!! I .. I I ~ f I ~ ~ i I i t ,I ~I .I.! Ili' I II ' ~I i ! - _ - -- _ .. __: ~ __ _ ~1- ~ i ,, .li _I!. w ~f ~- I i s, .~ ~ i ,o, F ~; .~ ~ -• ._ ItiAXo~.~v gap.~Ai /aP.oA..AFJ - i2 a~ vs ~~) - . /}i~clti . .w 'c.~ , ;5330'1 N u.~ 1 1w .. i ~ ~-t~ J.~. tn .. ~'fa n -~.I J- 1.G.. St' Qn .t ~'ri. n l~ . '. __ - _ - _ I ' ~ y ~ /~ ~~ Q ~ ~ ! ~ ~ ~ ^ ~ ' / ~ ~ ~ l v~!~.•4. V.~S~A~V .'. VJ^^T ~ AMY N :. W 0.lA}! ~ ~ ~ _. _' ~_ - ,y ~L l ~ I i I S:'3~ .OI W M10~ O.~v-'t NWT A+w/ 1 E. -I 1 _ -; - _ - - i i i, - ~ I _:. :_ ~ _ , ~o~,.'Gn 4..i - -` . - ~._ hs.-ol.. ; Qi.. ...J..P"ts 33 bo .. - . _.. _ _ - _. _ - . . _._. __ Q d~u...i-_ ~on,_OVtvalm~.r.~.e.~--t~ ~..~:t..w1~- ~ __ . __ , _ „ i i _ - - ___ _- ~,.. t M.. SaJ~:v.th~ W~-ou..-'t- _~ C.~w'."L ~.. °~ Cw.,f<~ ~ __.. __-.-_ ~' " ~ (~I~ - _ -.__.Q3~-~'. Q-1•Ai l4MM.!?~d-...- Q..-t ~..,.~-E-o.~iJ Con.-.-# 3 ___. _ .. . ~n.ww/ pJW..' Un..-F. ghJt.-1. - - 33iSiv ~ ~ ~ ~~ owl - e'._: 4~w+.st 4w.~. .. _-: _ . _ i , . _ _ . ~. -- -- - - - -- --- - - - / - J.~ ~rJ RaD~.i~,p..- ~rs~l Or.J .R~.u.r9 ~ tE'tLn ~Altt.~.P _ _13s4b(oS ... J ('~~~~~ ~~__ ~ 440 ywil~, 'jti~ I'F'-a Ra.-ticicfiu!- -3~ /~,~,Pauc. ~ : a~9o~as' .. _ _- _ ~, _ _ ~.. =_ ,- d - -- tt -- Wa'U-`~~'"°'"~n' I;° Yu `._ hi .-.-__ ~j_-- "" ~lu+te-N' ~ o' _ p . __ 2„ ~_ a_III~~ D sJr U- u l~ s~~~ei' ~ ~i I Y L ~ ~y,uG_O.p~,=}Jo,c~,._gaiya,G I&O-o21~3_ Iti~G,'f 4S~ I _ ~ ~ X33 G0 I ~ 13563oS, I ~ ~1+I~ ~ r f I;/i- f ~' IpJII ~ ' L 11 _ ~ $a+,i,+~z QcnuM.f__ __ 1 ~°"'a~O~- _- 7_. ~ I ~;~ 3360 ~ ~-~ _ i :~~q ~ ` P S._ .w.en,.. w jw) ~ _ V' '~. ~j 96'vf I I f ' 7 + i -}I- a.,-- ~" DSS--~ I I l3~s ii`~__ ~ li ~ ~ ~ ! i I I~ ~ ~ !- p i ~ } k i _. < I~~ gat, G- l :_Su,.k,...i ~w u :bu,3ouuo) ~.~ I ~ Qs jl9-~i°vwo; ~ I ~ jl ~ i : ; ~ .. -~ i. i ?~ I I iill I ~i r I~~ i I ~lii;- _ - _ 'I III i 4wA.0..a.~'i,--Wok...S s Bo...i.9swi 23°9va-Ib I _ ,, ~ ~ -- --- I .. i , ; i i i I ,, -.~NUd.~.uY...~Wo1;..Sya-UawAaw;....,~ .iOSSSSzb L:, ~0; 53s°~~!. I ~ ~ i 1 1 ' ~:Il II ~ : ~ I,i ~ ~µuu~J,~ 1~sL ~pH~y P/w'a/JR)J <~Qo~O0°0O> I. I ~ ~ i i cy 100000 ~ I ~'1 : ~ I1, Qy.{. c}.Q.dil.G.A~a../ SNQ..ts;~ d'v (u9aooo~ ~ ~ ~ I , / i i~ ~: .ill i Ilr' -°_-_ ° Q_..#~.tY.~i. ~arn.a ~33V3'ii~ r ~ I ©:f' 33aSr/I ~ LLI ~ ~~ ! ~ ly! I ~ "' ' , 1 4 I I. :f- IIj- !~,.~B.e,-p,,,+.o.r,:Wa~G.<_i f ~'j~ I i~'I( ~_~f' ,I~ _L-iI(` I~I_I I~{ 4'j ' >i'v.- 011....>-tta.., a...+ IN./ ~ i I: I - I f ~ !! I i; ~ i i i }_' i ..~ I~ !. : Ii,,, I:i 1 ~:i-;~:9avfr/0(s 3.ix~a~. a~. Px.A.v_ ~ A~.1au,~„ -. ~re,lSO3~~© :1 r.4A7-, ; I I I !.O1 533e'n ~ GSe'S ~oS __ __~-l7 ~ I~ ~ I: ~ ~ ~ I~ 1~ ~~ ; I I' j Ras~K~a~ ~teud l}JdPnuc,~ ' ~ I I ; j I , ~ ' ~ ; I .d 116vG1~ awo, ~~ ~ ~ ; ; - t _ I ''I'CI ;ICI ~ ~~~ I ~}, ~ ~ ~i __,, ~ I ~-~,I I I t _ - - _ - -_-_1~~1~ f ~~ ~ I I - ~_~ - ~ _-, _ I _~!' L e, ~ ~,ee ~ I_ i 1 ,moo .~ ~. 6 Igo r _~ ~~ -- ~-; - I ~ - - ~ { ~~~ { (-~-- ~Il2eee~w &-aYt_~E~/1.__i--- ~ r ,_ igia;jiq._-- ,~_ - -' - - I '~ - I,~ _N- _ ~~~~~ !hsn isirnre~nl Pztxw~. - 1 9 4i s I i ~~ ~o ll u~EQ~'-j`!~ ~£taee~a~ip±~Jl r bt a 2. SSS7w ,I, ~=- _ I lI I~ ~I ~~ I _. . _~kfe~~Y_C~~ S'ly, o}P/4~ ~ I r7.ifooo t i li I I '~ !i ~i _ I~ ~ I~ nn~ --- C~ -~a ~~Nv/..avsU /{c1'P,Y.e~ l~ ~ ' '1 ~14~8fo) ~~. III 'jl ~D P., 's C~a.G,Pc _ ~aaooooo~ . i I ' I'i ~ ii (.y/!1~ ~J ~*t~lit!.FJ.~,. ~GL~ t-~ Sin '~ Cao98A4>Q '., D ~ I oq ~a,ic(rL~ d13 , `R~-ie~,ua~ ~ C~o3y?f~>©', y, U y~~~ _ I 1,_i-' I~' /_V~sC4l.~.@f? ----~I ~ I iii-t Iy~K~~7i--' I ~y~z~j~ ._ f i ~' I i i I i .~ 1 2 ~A I ~ ,~~l;~la~It ___ O l~ ~ " as2r ~ Zy~ I ',cccQroQ~ . Ztr2up~~Qt.~~ -- --i ~ ~ l -___ _ ___- r ~f ~~ _k i _Ik~1- k! ~=i I_ _ N ~f rDt~~~ 21 ~ rz N/.I-mil ._t - - ~ q 1r ill ,, C~ , IIj.~ _1 rt~ ~6ao _ ~ ~ l ~o;7Soy~) 12LiA~oo`~ I ~.~.. I :.~ ~' ~!~ ~ ~~ ~~~ I i~ll~ ~I _~ EIIII_I'~ } I~ I ~~I II II!~t 'i~ I iii I~ '-~ ~ =-- I 'i_ ~ I i, _ b ~ ~ 30~00~ lQ ~fo 00 ~_ ~ ~~ ~ _ _ .(~ - -"' i ~ I. n U~ ~ ~ ~ ~ i ~ Q Soooo ~ 648So~ Sce .~~g ~ , b ~~ ~/ z ,, ~( -~ ' ;.~ j I I ~ S'uoooe C~'1~00000 1 h n I _ / ~ W ~-_ - m Flo! ~ iI I' ~ r '~ ~0,7399~ - i ~~ ~ 903 ~ ~IS3844B~; _ ~ -n I I '~~ I IIUG30 ~ ~403/11~ '' ii 1 i .i - D }, [~ Szin,s3 Q ~o9iN.~o 4~oo93a~> '~. ~ II 11-. ~I ~ - Ij- ~!j! ' ~Illlii i i 'Ij I 4 ~i~ i'~ij ~f ~Ij-i ,~~ I .Jr~~ I: 1 ~ ~ , ~ I h I I- I~ 1-- I~II~i ~ li~~{il Iii-~- ~' :-~l ~ I i'II:I~ _ icri -4J.h ~S rvc2r®+) an ja~'~ ~ r-I~-~ ,~ ' ~-- . 1 ~ I ~ I i l~ iii ~i I I i~ I i i i~ it ' I I~ 'I ~i~73~4~1 '1 I f' ~I J~ I ,.L hi l I _ IIi__ ~i, ea3 ~~ -115 1389:U4 ~ - I i I i- ~- ~ -~ ~- - ~ ~ ~ ~ i -~ I !+ ~ I 'i ~i-~!-Cft~i ~ ~ ~_~~ ~-~~~~-~i~ ~ ~~~i~~ -~ tiil~.i-t 4 -:.1 i i I _ ~~~ f .~ s ,a. ~~