Audit Report - 1947-1948~~ ~~
~~
,~
TOi3{ OFATLU{TIC BFACH~ FLORIDA
AIDIT REPORT
Beptacber 30~ 1948
Go~tno~ 1'. I3 ~.rrcn
.~-rt: is rEp ~V9_'.: cCC'J ti rlit Yi
GORDON P. BLITCN
CENTIRIEO PUBLIC AOCOUNYANT
M WILOIxp
JICRAONVIILH 2. PLOW-~
~}
t
.~
i
•I~
S01M OF ATLANTIC B&ACi, FIABID-
AUDTT 6~OBT
Septssoer 30, 1946
i TDYN OF ATLARTZC BS\CH, FIAHIDA
• ~ ladex W Heoort amd Statamente
•
I ~~
P •
Introductory
1 - 3
Commmte
• General Fmd -Balance Sheet SLhibit A
- Reaeipta and Dleburesumte SohednL 1-1
- Statement of Revenues - Satimated and Actual Sehsduls A-2
- 3tatemeat of Srpenditurea and Baoumbranoee
Compared Tdth Appropriations 3Meduls 4j
- Ana]yels of Sxpeaditnree and ~aumbranas
~ Yor "CoatiagmoieaL 8chednls A-b
- 9tatemenL of l~tereorke Cparatims 3ahedude A-5
- Schedule of Aaoomta Payable Schedule A-6
- Seawall Fmd - Bslmos set SLbSbit B
- Bsdipte and Dlabursemsnts 9Wsdule B-1
- Seawall Asseesmente Against Abutting Property SahednL B-2
- 3ehedole of Boade Payable ~ BrLedula B-3
S peaial Seawll Saergeaay Fmd - Balance 9beet Sabibit C
- Heceipte and DLsburssm®ts~ Srhed4ls C•1
- Schedule of Aliaqueat
Boswell Smrgsaey
•
. Aaeesemente 8ahednL C-2
• . - Aocomta Payable 3ohadnle 4.3
. Aabr System Pmd -Halmos Sheet Smibit D
Property Fmd - Balance 3rost Smibit E
. ~ -Schedule of Changes is Pibparty Fmd ScheduL S-1
Combined Balance 9ieet Smibit P
OOROOH P. BLITCN-C ER TIIILD PUaLIC ACCOU MiA Ri
GORDON P. BLITCR
CERTIFIED PDBLIC ACCONNTANT
OMWY MnauM
JICHBONVILLB 'L. FLORIDA
October 13, 1948
'Ills 1b.m Oouacil
ibn of Atlantic Beaoh
At]aatic Beach, Florida
CemtLeasns
An eraminatioa has bem wade of the balance sheets of the 1b~n of
Atlantic Beach, Florida as of September 30, 1948 and the stateaente
of revenues, expenditures, and aurplna for the fiscal year then
ended, the system of internal eoatrol and the aaoomting procedures
of the town were reviewed and, without asking a detailed audit of
the transactions, the accounting reoorda and supporting evidence of
the ton were exaafaed or tested by methods aad to the aztaut deeaad
appropriate. $e axaa+iaatim was aade in accordance ~t6 ga~neralty
acgpted audltSng standards applicable in the alrcumetancea and
included all procedures considered necessary.
Sn onr opiaioa, the accompanying statements and related coaamts
present Yair]y the fiaancisl position of the lbin of Atlmtio
Beach, Florida at S epteaber 30, 1948, and the results of its
operations for tke fiscal year is conforrity with genenl;y aeospted
aeeomting priaaiplea applied on a basis consistent dth that of
the Preceding year.
Hespecttul],y aubaitGd,
~otiaa- R 6
CORDON P. ffiTTQI
Grtifisd Public Accomtant
~~ ~ ~ ((t ~" COYYg NT3
i+ f '~ ~M.Cd~N,~
' .' ,' Ati b. w1. 1,.4~ SOOPS OF AUDIT
Q~1(A' p"'I 1 W
• ';f~~. The cash in banks was verified by certificates received direct from the
• ~ ~ -'~, depoeitorlsa. The cash procedure followed is that all Dash received by the tom ie
I~.'depoaited intact is the fmd hank accov¢ts. ifithdrawale are nde by warrants signed
,, by the tom clerk and comteraigned by the preaidmt or vice-preaidmt of the tmn
~'- comcil. The bank handles the warrants as thanks. At the end of earn month the
'~; tom treasurer draws one Bieck covering all warrants honored by tho beak during that
i', period. On September 22, 1943, vhen reviewing the mrrant book currentJ,y in vas, it
i!~ was noted that blank vmrrante Noe. 8601 through 8608 had been adgned Sn advance by
i'~, both the preaide¢t of the tom oomcil and the font clerk; also that warreate Nos.
~i 8609 through 8683 bed been signed in advance by the president of the toss eomcil. /
:, I!, It is reoomamdad that this practice be discontinued and warrants be signed only
~' after having been properly prepared sad approval obtained, Section 17 of the town
~.~ charter reads as followes
iii
i. "The clerk shall draw no warrants except the name have bees
'li authorised by the torn comcil."
I, No record iron fond Sn the minutes of the comell to eubetantiate public works
~! eesdra~l labor die~amenta and numerous small pvrchaoee. QJK.
It ie recommended that Section 43 of the tom dsarter whirh states im part that the
i' comcil asbal.l let all contracts for over ¢200.00 to the lowest responsible bidder"
~I be properly observed. pIG
I
• '.' '~i Re inspected the copies of all receipts for fines and forfeitures, license stubs,
!~ water rmt receipts, and teat checked taz receipts. Tha inspection included tracing
!~ ~~ the receipts into the cash ~ournale. All monies received ae shown by receipt hooka
~ have been eatiefactorily accomted for, d/(
;~ TAI HOIJ.S. 'Eae tax irolle were esaminad Yor years 1944-1945, to sad inclndiag 1947-
'~ 191`8, but examination was not made of the taz rolls for delinquent tease for years
~j prior to 1944-1945. A siammry of delinquent taxes of the General Fmd fo]Uowss
3bx Year W Balanp due Seotember 30. 19L8
Frio` to 1944-1945 ` 14,911.14
1944-1945 ( 172.74
1945-1946 19L70
1946-1947 ~ 347.67
1947-1948 / 1. 47.90
Total 671.1 ~
It is reoommended that the tom officials make a thorough analysis of the taz roll
for years prior to 1944-1945 to determine the accuracy of the above amomt oL
14,911.14. It ie further racommsndsd that the property valuations, itsids form a
basis Yor the tax rolls, be analysed with a vises to correcting apparent inoon-
aiatenoea, sad ae a poee le eouroe of additional revenue with s61oh to overooms
existing deficits. /~~,
•
H-CEN TIIIfiO YUBLIC AGGOUN>AN>
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W ~ page
~~~~~j~ C O L Y& N T S (Continued)
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• i~PAYROLLS. jlrfibrds were examined. It ens determined that the Your salaried
~i employees' co~ensation was in agreement with the apeoific ordinances authorising
ithe mlariea. It was further determined that the budget item of $8,000.00 for
public works "antra" labor was exceeded by ~an d that no authorisatim,
'.except that of the budget, wen given for au 4~diturea. It ie recosmended first
; inasmuch as the "extra" labor is approxLmte>`v one-third of the total payroll of the
town, there be eatabliehed a more firm council control. Proper Sob claesificatioa
~• ~ should be made, maximum pay ratan eatabliahed, aj cape Sfic comcil approval
ob~ed. -).~/L (~Rl ,tV-p.(Q OMB/-1
.. ' r. ~B, - I '~ Lam(/~~0' k%~, FIA7A9
'~~; ffi.IIIQUFNTduTAYFS/~"~i~~'i'S anD Lffi7S. Tee amounts shorn ea reserve for deliaqueo
~ taxes, lot nleaniag aseeeammts, and street paving lima represent amomte aot
i expected to be collected during the ensuing Year, The aenmte collected oa aua6
~~ items in the previous year ~~avp bem used as the cis~f rr eetabliehiag the ee
reaerwe. 6/IZ QC~t (7v ~ (~1'11M1 /n -J G
WATa'8 ',ASKS OPEBATI089. On Ootober 78, 1947 the ton entered into a ooaditional
u e agreement with &. G. Adams for the pnrohaee of the water ipatem predouelY
i oned and operated by him. Tee total purchase prloe of j15,000.00 ie to be paid is
inatalLemta of $3,000.00 m December 31 of each year, beginning December 31, 1948.
' the interest Se at four percent, payable annval],y. IIte prodeima of the agreement
_ J provide that the above mentioned paymnte shall be ®ds "from revenues derived by
• ~• the bier from the operatim of the said water ayatea. '!tie buyer does not obligate
' itself to arks the payment out of o^9 fmda, or from aqy other eouroe other then
' from avenue derived from acid rrter system but agrees that it will not divert said
revenue to a~ otber or different purpose mt11 said amual inatallmenta haw bem
• regularly paid when due." Attmtim ie direoted to feet that this provieiaa .
has not bem met during theJyea}' order exaadnatim. !
i ~j~1.C~~~`4p+l/) /! --5B9 WALL FLND Lu/-~~y~
1}~e deficit 7n tJhia fudd is the amo,nt of $7,437.59, as shoe on Sz6lbit 8, appears
to haw been ocoaeioned by interest revenue loot due to pre-paYmmts of installment
by abutting property oners, and also to the premium pa d to ratite vbrrtutsd bonds,
i
An ana),paie of the compliance by the ton with th nd prodeim that 17 percent
of bond principal and interest be paid from ad va ram fazes iadioatee that ninon
the bond issue the amomt of principal ae coaputed by 6asEbaen ez~edad by PPh~'
audit report on the bend issue dated August ?$, 19;.7,
S.mately $z,ooo.oo. Hr. Jamalt aomputatim of the tome share (l7%), was
$14,509.37 and there has bem collected from ad wlmrsm tazea thrbUgb this current
• fieoal year approximately $16,500.00, plus interest.
Since the enabling ordinance Prodding that only 17 percent of the bond principal
and interest be raised by ad valorem taxes apparently has bem exceeded, it Ss
~ recommended that the matter be referred to the ton's legal mnmel Por consider-
atim. Such consl.deratim shoulda ¢ruinrent (deficitgmd ac~cruiag interment
to eliminate the deficit and pay 8
will approximate $10,000.001 th the required time to PaY the horde dean due.
'~ It Se further recommended that the bonds be retired Sn ammts of $1,000.00, if
' i,. ~ ' P ~ni w>d
it a eeable to bondhyldere Sn order to kss infarct costa at a
G OR VON P. 9LITCN-CER TIII!^PUBLIC AOCOV NTANT
Page 3
• ~ PHOP~TY P®
4 Property Find has been eatsbliehed dth thia audit and all Pi~oed propertiea, as
disoloeed by the ieoorde are carried herein. Oar e:aminatim Secluded aoquisitims
for the eLarmt year, totalling X10,649.49, but ee did not make a detailed euraala-
atim of the fined properties acquired prior to October 1, 1947.
It is rewmmmded that an inventory of aodeting properties be made and a record of
purchase end value of all fi~aed pmperties be ioetalled and maintaiasd.
G `
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OOwDOM P. 8LI TON-G[wTI PILD PYaLIC ACOOYMTA MT
~~ 1Ultd OF ATLANTIC BRACN, PIARIfY
. ,i OFNffiiAL FLND.
~~ BALAPtCg 57i~f AS AT
. jj Seotembar 3D. 1966
A~
Cash in beach Rank (Sehedula A-1)
Delia4u®t Taxes
Leas -Reserve for Delln4uent 'taxes
Uncollected Iot Cleaning Aaseeameata
Less -Reserve Por Lot Cleaning Aeseeammts
Ricolleoted 9trert Paving Liens
Less - Reserve for Street Paving Liens
Total Assets
L7ABILITIE9 AND SURPUIS
• 1
Accomta and Notae Payable;
' Accomta Payable (Schedule A-b)
j Notes Payable -Beach Bank (Schedule 41)
~ Note rayable - Ur. A. F. tarravgy (8diedule A-1)
Inter-Fmd Accomte:
Duo i4ater System Fmd
Lees - Ammt due froa Seawall F~ergmq Fmd
Surplus (Defi_cit)/~"--~-" -
~To 1 Ltab ies 9~u
,i
i
~~,
i
._
i2, 512.85
16,671.15
5.865.79 806.05
~ 91.63
45.82 45.81
1 535.04
5?b.34 10.70
13,375.41
12,463.79
1,000.00
2000.00 15,463.79
13,000.00
143.22 2,856.78
( 4,945.16)
13.375.41
OORDON O, eLITCN-CaNT1I1[O PYILIO ACCOUNTANT
TOiW OF ATLAN'PIC BSAQi~ FIA@Ill- ..-
Gffi7IIGL FUND
RBCP.~TS AND DISBGR$BnENT3 FO@
Fieaal Yrter Hided Ssotember 30. 1918
!~ Caeh is 8ead~kiank at October 1. 1947 = 1,932.55
i
I~ Beceipte:
-. '~ Texee (S~adule A-2) 125,345.30
~ lSamees~ Fines and ForPeitvree, aad other
tavenne iteva (Brhednle A-2) 26,333.98
Back roan - iseach nadc (3id/lbit A) 1,000.00
I~ I,oaa Srom Dt. A. F. Gl~rraiiy (H/hibit A) 2.000.00
9~ta1 tieceinte 54,679.7!6
1bta1 Oaah AvaiLble 156,611.83
budgeted Hmenditurea (schedule M3) / 54,098.98
. ~~ Caeh in Beaoh Book at Bwtember 30. 1946 ~ 2,572.85
.:
pOpDON P. •LiTOM~O[fl TI II[D
j
'~ ,,' .1 / ~ 1CI19N OP ATLANTIC BBRCB, F;i/RID-
. ~ ~; (,~~Y~71""' CBt~AL FUND
'~ smaT>~Ir of usv~luFS _ ffiTI1617SD AND Ac1+leL
~' For Fiacal Year 1~ded Saoteaihar 30. 1918
it Betianted Aatual l-cceas or
~ $evmvea Rsvmuea (Daficienoy)
Taze~g
a~rrmt masse (Kati
Delinquent 'Eases
Pmaltise
Total 79xee - (Sd,sdule A-1)
Other
Llceneea
F1nea and ForPeitnras
Building Permits
Flectrie Frandiiee Th7c
Garbage tbllectiona (Net)
Street Paving Aeaeeameats
Lot Cleaning Aaseeaments
16ter Rents (Sd,edule A-5)
Sewerage Rentals (Neptune Baedi 'Die-in)
Utilities ikz
1[iacellaaeona
Total Other Revmuea - (Srhedula A-1)
(,25,789.87 (24,439.75 (f 750.12)
500.00 649.25 149.25-
200.00 256.30 x'6.30
(25,889.87 (25.345.30 (f 544.57)
~ 7,750.00 r 5,924.25 (f 1,620.75
1,900.00 1,633.00 l 267.003
250.00 350.80 ]D0.80
1,700.00 1,711.31 11.31
5,000.00 4,946.80 ( 53.20
300.00 9.16 ( 290.84
300.00 116.95 { 183.05
8,250.00 6,649.86 ( 1,600.14)
220.00
00
6
5 220.001 .
1
9
5
6
8
.
4,
7
0
0 .
4,
4
3 ~ ,
2
7
j
0.
0
4 277.72 ( >82.~
Total ,`- (56,535.87
~~uO~ ~~~! ~~"
a26,333.98 li 4,312.02)
$51, 679.28 (f 4~5~~)
J 1
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b~ ~~ i/~ ~ ~ J~
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.. BUTCN-
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!' TOWN Op ATL4NT IC BF%CH, FLORIDA
QffiT,~'8AL FUND
~~• STATQ~YIT OF ECPENDITURFS :aD RN CUNBRANCES COHPAXED WITH APPEDPP.lATIDNS
ii Fiscal Year Hided San t ember 30, 1948
Appropri-
ations Unexpended
Bud et flcmenditurea Balance
' Administrative
Supervisors Salary $ 3,630.00 $ 3,630.00 '~
~Clerk~a Salary 1, 98D.00 1,98D.00'
Office Dcpen ae 500.00 756.19 ($ 256.19)
Eas.^ance 1,200.00 1,165.56 34.44
Attorney~a Feee 300.00 290.00 10.00
I~ Audit Feee 250.00 250.00 '
~i Engineer -375.00 375.00
FStra Advertising, etc 50.00 50.00
Town Hall Aepaira and Replacmtenta 200.00 200.00
Total Administrative $ 8,485.00 $ 8,071.75 $ 413.25
Police and Public Safety
Ifarah ~s Salary
Repairs and Replac®e~.s Car & Radio
Traffic Signs
Life Saving and Roping
Aire Protection
Street Lights
~ Gas and 011
Radio Service
Police Judge
~ Eitra Police
New Police Car
~~ Total Police and Public Safety
~~'~ Public Works ~ `
~~~ Driver and Helper Kcd1V([!a.
i. Flora Labor
I' Bas and 011 Y
Repairs and Replacements
New Fquipaegt
: Street Repairs, Culverts, etc
Total Public Works
i; Public Utilities
Attorneys Feee - Sewerage
Fhginsera~ flees - Sewerage
~! Rental - Neptune Beach Sewerage Tie-in
Water FSctenaiona and Repairs and
Replacements
it Advertising
i Total Public Utilities
ii Carried Forward
I~
Hwum- Unencumbered Capital
brancea Palance Outlay
$ 56.73 ($ 314.92) $ 208.20 ii
34.44
10.00
375.00
50.00 '
200.00 i~
$ 58.73 3 354.52 S 208.20
$ 3,3ao.ao $ 3,300.00
500.00 604.35 ($ 104.35) $ 3.05 (ti 107.40)
100.00 50.20 49.80 49.80
300.00 320.19 ( 20.19) ( 20.19)
600.00 589.25 10.75 10.75 ~ 218.65
400.00 83.58 316.42 316.42
750.00 926.47 ( 176.47) 77.00 ( 253.471
360.00 360.00
150.00 100.00 50.00 50.00
750.00 360.00- 390.00 390.00
SOO.OO 500.00 500.00
7.710.00 $ 6.694.04 3 1.015.96 $ 80.05 Z 935.91 $ 218.65
$ 4,100.00 $ 4,438.89 (w 339.89)
8,000.00 10,226.23 (l 2,226.23)
700.00 1,151.05 ( 451.05)
1,000.00 975.78 24.22
2,000.00 2,000.00
1,000.00 703.75 296.25
X16.800.00 $17.495.70 ($ 695.70) '
$ 1,700.00 ' $ 1,700.00
2,625.00 ?" r 2,609.38 15.62
220. C0 22D.00
B,o00.00" 6,449.32 i,55o,68
950.00 ' 34.80 915.2D
:;13,495.00 ~ 9,313.50 ~ 4,181.50
I~ ----_--- -- SCFJ;DIRE A-3_~.e i
a owvoN r. •LITGH-L[w T1,ISC rY[LIe weCOUNrwNT
($ 338.89)
( 2,226.23)
ti 59.73 ( 510.78)
41.12 ( 16.90)
2,000.00
128.28 167.97
v 229.13 ("r 924.83)
v 1,700.00
15.62 S 2,9.38
;) 1,951.56 ( 400.88) 7,417.82
915.20
$ 1,951.56 $ 2,229.94 X10,027.20
•
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TCWN OF ATLANTIC BEACH, FLORIDA
GII~RAI, FUMD
STATr?u~lrT OF ~P2JDITURES AND ENCUI~RAHCES COI~ARID WTfH APPROPRLATIONS
Fiscal Year Ended September 30, 1948
Appropri-
ations Uneapanded
et E~menditures Balance
Brovttht Forward 846,490.00 $41,574.99 8 4,915.01
Other
Debt Retirement (Bank Loans and
R.C. H. S. Corp)
Contingencies (Including Drainage)
ffiergency Seawall Repairs
Total Other
Grand Total
3,000.00 3,029.77 ( 29.77)
8,978.42 3,201.51 5,776.91
X6,292.71 ( 6,292.'1)
311,978.42 312,523.99 (i 545.57)
358,468.42 554,098.98 ~ 4,369.44
/A\ (Sch. A-1)
aowooM ~. •LITCw
e
Encum- Uness;umbered Capital
brancea Balance Outlay
8 2,319.47 $ 2,595.54 810,454.05
( 29.77)
L,4.32 5,632.59 195.44
( 6,292.71)
$ 144.32 (8 689.89) $ 195.44
8 2,463.79 3 1,905.65 i1o,649.49
(Sch. A-b) (Sch. E - 1)
TOWN OF ITIANTIC BFACR, FIARIDA
GENHGL FUND
ANALYSIS OF IIPffi7DITURES AND ffidCU18RANCBS
^FOR CDNTINGINCISS^
A~.Pn1 9.ar Blde.l 9Bnt8wLer 30_ 1968
~'.
~i
'; Repairs W Seawall StePe
~! Health Center - Talephoae Halle
~,i Interest on Notes
~I Building Code Copy
j Tax leeeeaor - J, Alvin itagieter
1lter Cooler
.i Yeale Yor Prisoners ..__ _._----..
Cleaning and Painting Incinerator ~(A'~/'~{„1~ui.DUI-C~-'
I~ y ~
~~ F1rat Aid
~ Hearh &+oeioa Study
~~ e~~i~~
I
~ Dceo
;I Drninage
~~ lbta
Suw~ry~
Srpeadituree i3, 201.51
Fncuabrancss 144.32
rta t j345.e3
i 7.97
61.75
28.35
1.50
100.00
195.44
?A.50
80.00
2.58
125,00
1A.00
2,698.74
13,345.83
V OFlDOH P. DLITGH-GER,IPIEO PVBLIC ACCOUM iI1NT
1UWN OF ATLANTIC BBACR, FLORIDA
CF271REtiAI. FBlID
STATE1f~7T OP WATBRBDRKS OPEENTION3
Fisoai Ywr Faded Saotember 30. 1948
~~
Water BCut-lneB
Ylnimum Rmtale
Raceas Rentals
Total
en~itures and Sacumbrance
oeratiarz Smeases
Sn]aries and 1[iace]]aneoutl Labor
Blueprints and Odegrama
Repairs and ]6intenancs
Printing
Supplies
Slectrioity
1(iacellaneous Freight
Total Ooeratine Eroenaes
coital Outlay
Pipes and Fittings
Thole
ibtera and lbtar Bowse
Water 3yatem Survey ~ Qp/~~
Pvep .Et y~iy9~{,A.CG. ----~•
2ota1 (Sao1ffi1 ontlaz
$ 1,029.00
4,912.00
708.86
i 553.00
168.58
18,05
49.12
190.06
3.03
i 983.06
$ 6,649.86
S 3,586.64
262.63
-. 1,078.92
585.00
.~ 1,904.43 F
i 7.417.82
other
Amount of Water System revenue properly trenefer-
able to 16ter System Puad for retirement of
purrhaee wntract with &. G. Adams g 3,000.00
Total %roendlturea end Bncwebrancea
~ccees of Rmenditure4 and Bnaumbraaoee over Incoate
!i
y1,~A,p.gg i~
51.02) ~.;
LONDON P. BLITCN-C[BTIFIED PU BLIC AGOOUNTANI
TDNN Of ATLANTIC HSACH, FLDHIM
OBNBBAI. PUdD
SCilID70LS ~ ACCOUNTS PAYlA78
Septebsr 30, 1948
. , V®naoS ~.~-
I
B. H. ifOCBrmick & 3one, Lac - 8 ~•~`
City of JaPkeonrille, ffiectric Dopartmmt 78.42
3outhsm Bell Telephone Bad Telsgrapb Compagy 23,56
lilBOn-3mdth Lumber Compamy 26.45
H. B. Ai]lcersoa Compegy 17.42
Worcn~ton Oamaln Peter Compmgy 11.03
36
3
.
.
doe/e Plvmbins aaa Applseaca coga+v
Ogden Bgmipmmt Co~~ 75.00
Under~ucd Corporation 22.50
Pmatsr & Prather Hardmare Conpsny 3.05
1 & A lbtor CBSpagy 103.59
Tcs Terms Compmgy 94.E
9aa 011 Compam,T 42.k5
~ 1
904
13
~
1 ,
-,.=,F.-
.
Stevens 3ovthem Compegq /1
1
. I 1 :e :f z~
~
OOU00/1 P, BUTCH-CIflTIP/HO PUBLIC ACCO UN TAMT
T07tI OF ATLiNTIC BBA~, PJARIDA
3ENAII. FtBiD
BALANCE SHBST AS lT
~ptesber 30. 19LB
Ce.e6 is Beaeb Bank (Schedule B-1)
De3inQnwt Taxes - Tom's 9:are ~ 434.21
Lees: Reosrve Yor DelSnqumt 'Panes 285.11
llaoollected Aeseaemwte - Abetting Property Oemsrs -
(Sehednle H-2)
Delinquent Interest -Assessed bnti uncollected -
(SChedule B-2)
Total Aaeete
i; ~~-S~l~st~
Bonds Payable (SrbeduL B-~)
Surplne (Deiiclt)
J Total Liabilities and 9sxvlna
I
i
II
i
I
I
it
II
i I!
li
b,
~~ ~
~_ ~ _ sL178M B
i 2,847.41
149.10
~, 391.OG
174.84
i13B.. 5~~
;21,000.00
( 7,437.59)
i13,a~ 56
I' OOBDON G. BLITCN-CkflTIF1,ED VUBLIC ACCOUNTANT
TORT Of ATIAtiTIC BBACd, FI08I01
SgAl4Aid FL@ID
88CBIPTB 4ND DIED&71"3
Fieoel Year 13:ded 8eotember 90. 1948
Cash in fmd at besimina of rear ~ 6,633.68
8e e
From butting Property Aeeeeaments:
On Principal (Sohedule B-2) ~ 1,774.60
Interest (8chedule B-2) 455.92
Penalties (Schedule y-2) ,_ •~
Sotai i 2,325.73
From ad velorum Tex Lsvys
1947 - 1948 Very k 2,359.74
Prior Years 109.90
Total 2,469.64
OtAer -Interest on 8avinge icoount 25.00
Tbtel 8eceiuts 4,820.37
Sotal Cash 4vai]abL iu,434.D5
Disbursements
~3ea~lla~a~ereet payments on outstanding ~ ~.~
Purchase oP unmtund fonds dw Oetobsr 1, 1950 -
Including accrued interest and prednm -
January 15, 1948 7,605.89
Beach yank - $xahasBe rbarge on interest oarmeat .75 6586.
Balance in reach yank at September 90,_1948 (]Sxkiibit y) g 2s
GOOLON >. BLITCN-Ck BTIiIEB GUBLIC /.CCO UN TANT
u
~I~
~~
~~
• ~ !~
,:
TOYdt OF ATLANTIC BEACH, FLORIDA - '.
SEAWALL ASSESSMENTS AGAINST pBUY'YING PIi~PERTY
Seutember 30. 1948
Balance Principal Balance 7ntereat Penalty Delinquent Installments
Descrirtion due Collected dve Collected interest Collected No. of - Annual
Owner Lota Block SBpY_30"47 1947-1948 9-30-48 1947-1948 Paid to 1947-1948 Installments Principal 7ntereat installa>Bnta ~.
Anthogy, J. R. Jr 3, 4 52 S 320.14 $ 53.37 ; 266.77 ; 12.82 6-1-48 ; 53.37
~
Bisbee, Frank D. ll, 12 52 320.14 53.37 266.77 12.81 b-1-48 53.37
I
Hull, Florence S. 1, 2 42 634.75 105.81 528.94 25.39 (~1-48 105.81
Clarkson, P. ]4oody 1/2 of 1 20 162.83 162.83 6-1-47 1 a 27.15a 6.51 77.15
DeCottee, Nra. Louisa 1/2 of 1 30 162.83 27.15 135.68 6.51 6-1-48 27,15 ~
Pinkleetein, H. ((Starr) 4 20 320.14 53.37 266.77 12.81 6-1-48 53.37
Pinklesteln, L. (Myeraon) 5 41 195.03 32.29 162.74 I 7.80 6-1-48 32.29
Lake, Nra. Etbel (Williford) 5, 6 32 640.26 106.74 533.52 25.61 b-1-48 106.74
Lockwood, Col. W. G. 7, 8 52 320.14 53.37 266.77 12.81 6-1-48 53.37
HcDuPf, Estate oY (Towers) 1, z, 3 51 471.45 79.59 397.86 19.10 6-1-48 79.59
xeyer, R. R. 1, 2, 3 21 949.46 158.29 791.17 37.98 6-1-48 158.29
Montague, Nary J. (Hagarian) 3 27 320.14 53.37 266.77 12.81 6-1-48 53.37
xulliken, Fred L. 5, 6 52 320.14 320.14 6-1-47 1 53.37 12.81 53.37 ;~,
Neyarson, x. P. 6 41 194.33 32.39 161.94 7.77 6-1-48 32.39 li
Payne, Clifford A. 4 33 320.13 320.13 6-1-47 1 53.37 12.81 53.37 '~
Peck, R. R. (G. Weise) ~ oY 7, '~,I
20+ of 8 33 329.31 329.31 6-1-47 1 54.76 13.17 54.76 it
Pelota, C. E. 6 33 450.09 56.39 393.70 18.00 6-1-46 ; 17.10 2 112.78 29.27 56.39
Pelota, C. E. (R. Rooker) Part 7 33 129.81 21.63 108.18 5.19 b-1-48 21.63 ~%
Register, J. Alvin 3, 4 42 741.07 741.07 6-1-46 2 211.52 55.05 105.76 i
Richardson, R. A. (Rucker) ll 61 160.04 160.04 6-1-47 1 26.69 6.40 26.69
Roberta, T. S. Jr 4 51 157.31 26.22 131.09 6.19 6-1-48 26,22
Ortega Company 2 15 320.14 53.37 266.77 12.81 6-1-48 53.37
~
Stoner, C. R. (MCDerment) 2 27 320.14 53.37 266:77
' 12.81 6-1-48 53.37 ~
~
Beale
Travis
4
15
320.14
53.37
266.7
7
~ 12.81
6-1-48
1.00 I
53.37
,
Tucker, L. x. Jr 6, 7 61 320.14 53.37 266.77 12.81 6-1-48 53.37 !
Van Schaick, Dr. Harold 1,2,3, 4 62 61p.56 106.74 533.82 ~ 25.62 6-1-48 106.74 lil
Walker, C. H. (G. Muller) 3 41 194.33 32.39 161.94 `'~ 7.77 6-1-48 32.39
Wilcox, o. P. 5 33 332.79 54.46 277.33
6
0
28 ~~ 13.30
x
102 6-1-x,8
6
1
47
ll 1
77
106
61
74 2 55.46
206
Simon F.
Williams 5. 6 20 960.50 320.22 .
4 ,}
.45 -
- . .
5. .59
,
Wilson, Hrs. L. (Cranford) 1, 2, 3 bl 478.45 79.59 398.86 ;E 19.14
7 b-1-48
~
Woodcock, o. P. 5 15 320.14 53.37 266.77 12.81
~ 6-1-48 53.37
Yerkea, J. H. (Estate of
Bolass)
7
36
332.79
332.79
6-1-47
1
55.46 13.31
55.46
Total S12,165.66 $ 1,774.60 ;10,391.06 ~ 45`2 Y 3 95.21 6 701.84 $ 174.84 S 1,937.68
IIII
Sch. B-1 Exhibit B h. B-1 Sch. B-1 ~~!
OOROON P. ILITCN-<ER TIIIEG PYRLIG ACCOY Ni AMT
T01ft OF ATSANTIC SISACi, FLORID
3&AILL FUND
SOdSDULE OF SON09 PAYASIB AS AT
3eotamber 30. 1918
Sonde deteds October 1, 1933
Original Issues 8150,000.00
7ntereat rates 4X Per amua
Interest Payable? Semi-annucl]J each 7eu'
on April 1, and October
1. Held by the Atlao-
tic Hatinoal Bank of
Jaelcmnvillo, Florida
ae detailed babes
lined Date of
Nurbers ~~ PriarlDal
129 thmug6 135 October 1, 1951 ~ 7,000.00
136 October 1, 1952 1,000.00
138 through l43 October 1, 1952 6,000.00
144 thmtsg6 150 October 1, 1953 7.000.00
1~1. i?~,000.00
ae_~
sCH~iRB B-3
pOROON P. BLITLN-GkflTI IIEb PUBLIC ACCOUNTANT
TOWN OF A'FiADT1C BB4CH, PI4tiL1-
SPSCIAL 3F1HAI.L HQdIGFNCI FOND
BAIdNCB 31i+BT AS ~!
September 30. 1913
A53bT3
Cash la Heach Bank (Schedule 0.2)
Aeaeeemmts due frog Abutting property
0@mere (Schedule 0.2)
1 3,205.05
Sandbagging and BdPI+PP~e E 5,985.88
Tie Backe 3.208.65 9.194.53
1bta1 Assets 112,399.56
LTABIISTIF9 AND SUBPIAS
Accomte Payable (Shcedule 0.3)
Due Cenral pmd 9cheduls 0.3
Opntingent Liability - H. B. McCormick &
Sons, Inc.
Surplus (Deficit)
2bta1 Ltabilitiee 4od Surolw
113,]25.45
143.x2
3,731.62
( 4600.71)
99.
OOfl OON F. BLITGN-L@pTIP1@D PUBLIC /1000UNTANT
1UI/N OF AT;ANTIC BFLCN~ F74HID-
gpHCLS, S&NALL HIQNZGBNCY FUKD
HBCHlPTS AND DISBUBSB1~iT9
Piscal Tear Snded 3aptembar 30. 1948
Haco is
Co7leotima m aeseamenta a~inst abuttibg
ProPert7 ownsra:
Smdbagging and 14P~PP~B i3, 520.21y
Tie-baeke 6,373.23
7atereet and Aaaassments 51.57
jotal Beeaiots x,945.04
Maburaeawnt
Payment of X. G. Barber aeoomt Lt fall ~ 5.52
254 Payment of emrgency work 11aDi11ties 4,8.33
104 Payment of emargenay work liabilities 1,924.1h
~1 Diabaraemente (Sdiedule C-3) 6 7 .99
Balauoe in Beams Paok at Seuteuber 30. 194E (Sshibit C) 3 ?A5.0
OORDON P. eLITCH-CL'RTI PIED PUBLIC ACCOUNTANT
TORN OF ATT.ANTIC HEACx, FLORIDAA
9PECIII. 9&IYGLL B1HiC8!7CY FUND
SCH811[fR8 OF Dffi.IHQUII7T S&1V4113. HYBRGHNCS ASSH.43Y69T3
Seotesbar 30. 1913
Prooert_v Omer
LaFayette Realty Co -Copper Eettle
Hetate of Dr. Coaup Holass
Cbarlea Palate (Lot 8, Hlook 36) :-.
C1lfford A. Payne
C. P. 9flloaa
Charles Pelota (Lot 6, 81oek 33)
Glnrer IPsise
J. T. C. Craidord
9ollaoe Y. Praeaea
0. P. YcDsraent
Doris H. Yagariaa
Svs Dezter A.aid
Hazel C. Aoottm
Eathryn S. IYrks and Ssthiyn Y. Merchant
P. Y. Clarksm
Relate of Very A. De Cones
Sison F. IIPi ~!A~
Gus Yu1Lr
Yra. T. H. Yuasll
Florence S. Bn11
J. Alv1n Regiatsr
R. S. T oeers
Daughtry Toesra
G~ D. Dillon
Ray 1P1121e
Fred L, Yuulkm
Hattie H. Heff
Hank D. BSabee
R. H. Rucker
Yrs. G. A. Hama
Total
Aaomt
Sandbagging
and
Hloraoolna Tie-Backs _ Total
i 492.48 5 454.5? i 947.05
155.80- 1.80.44 336.24
155.80 173.50 329.30
18o.eo 86.50 267.30
LD5.80 - ~~ 34.96 120.76
]80.80 .86.50 267.30
180.80 86.15 266.95
75.85 334.54 410.39
100.85 194.50 295.35
517.48 517.48
517.48 517.48
517.48 517.48
120.80 358.50 479.30
150.85 67.20 21.8.05
150.85 33.60 184.45
150.85 33.60 184.45
165.80 134.40 300.9A
205.80 44.35 250.15
205.80 40.32 246.12
130.80 268.90 399.70
150.85 33.60 184.45
150.85 22.40 173.25
150.85 22.40 173.25
150.85 22.40 173.25
150.85 67.2<1 218.05
150.85 67.20 ?x8.05
150.65 67.20 ?]8.05
6
205.80 44.82 250.
i5,985.e8 i3'zoe~.65 i9 194.5
30chibit C Srhibit C Hzhlbit C
GOBDON t. BLITON~ClflT1I1[D VUBLIC AGCOU NTA NT
soWrr of aT7aNTlc BEAa, P1Da771A
I' SP&CL1L ~411AIJ. S~CY FUND
•
ACCOONTS PAYABIB
-
September 9 D. 19A8
'~
~ Origfml Amomte
Amomt Paid 6-12-48 Unpaid at
..
, Vendor Due and 7-19-48 9-3D-48 I
ii N1111am Carleton S 600.00 = 210.00 # 390.00 ~~
~ J. G. Chriatoper Co 3,140.04 1,099.01 2,047»03 '
Duval Fhg, and Contracting Co. 619.05 619.05
~' Duval Eng. and Contracting Co. 450.00 157.50 292.50
'~ Plorida Pipe and Supply Co. 712.15 249.26 462.89
i Ceneral Electric ~P7Y Cc+P• 232.25 87..29 150.96
General lfllls, Inc. 66.00 23.70 42.90
I, Graham-Joaea Paper Co~agy 133.06 46.57 86.49
ltarrlll Stevens Drydock and Repair Co
I 7,449.06 2,607.16 4,841.90 ';
~ Yason-Smith I,uobor Co. 283.81 99.33 ]84.48
e. B. licCormicic and Sons, Ina 5,ll5.50 1,790.60 3,37J,.90 '
Southern States Bag Compagy 1,059.00 370.65 688.35
~I W. G. Barber 5.52 5.52 '
~~ Total 9 865. 6739.99 Al :4.
• .- ~
~I 9d:. C-1 SYhibit C I
AIDUNT IWg GQ7EHAL FUND
1bta1 coat of materials and services
furnished Yxvm General Fund of
to:n $ 6,292.61
Lees - Amomta authorized to be
eipeaded 1'roa General
Fmd:
Authorised at meeting of
April 72, 1948 # k,549.49
Authorized at meeting oY
September 20, 1948 1,600.00 6,149.49
Amomt due General Pmd
S: 74~e
Fhhibit C
OOBOON P. BUTCH-CEBTIIIED FUB LIC /1000UHTA MT
• i 101@I OF AYLANTIC BSOQi, F10SID-
WA1ffit SY9'D3Y POlID
• I,, BIIdLT18 ~~BT A3 A2
3eptaabsr 30. l~yl8
I~
• . . ~"'~'~'L
slater System ffights ~15,~•00
Due from Qeneral Fund 3,GpG,GG
lbtal Aaeatn (]$,000.00
~~
LLBILITIBS dND SI~PLlJ3
'f! Purchase Coatsact Payable - &. G. Adam =15,000.00
• I~ Surplus 3,x.00
• I Ybtal L7abllitiea aad 9mplva f7g 000~0p
! a~~
• ..
OOHOON P. BLITCH~C6e T1I1 [OTUBLIC AOCO
TOW7 OR ATLANTIC .38ACH, FI4RIII-
PROPERTY FUND
BALAtiCB SHSBT AS AT
September 30. 1948
FIYED PROPERTffi
Pub11c WDrka p ~
Eaoinerator SXA~i".tt
Street Lighting ~cteneion~
Street Squipment
_ I Street Paving
Fire Protection - Ecteneione and Hydrants
sea,sll
II Total Public Works
II IItili
3eweragei
Heptme Beady Tie-in
~ Sewerage ffigineering Survey
I Wstor Syetemt
Line ~cteneicn•
Yetera and lbter Bo~cee
,' Bugineering Survey
. ~ ~ ( P~4
Tools
Utility Rights - Seltair
Total Utilities
i Parke
Torn Nall
Office Equipment
Autos, Trucks and Equipment
~~. Total (7aneral
i 3,769.05
1;703.36
200.00
12,488.07
1,711.34
175,z6z.35
$ 1,494.12
8.509.36 10,003.50
i 3,586.84
1,078.92
585.00
1,904.43
262.63
4.500.00 11.917.82
~ Total Fined Properties - 9rhedule E-1)
LLBII.TTI&4 AND 4NF3T{oE7Y
Deterred Liability ~ Federal Yorke Agency en Sewsrago
Engineering Survey - Repayable if apd when project
copetructed
1 II Investment in Pined Properties
• Total Llabilitiae and Iaveetmaat
$ 1,000.00
2,360.00
497.20
7.633.57
i 5,~•~
n2.666.26
i195,~34.17
u,9u.32
~r1y1t, 551~0~.'7/7
YiifiiiiiC
$228.566.26
OORDOM P. BLITGN-GIRTIi IID CUBLIC AOCOUNTA NT
,..
•. ,
YO,IN OF ATLANTIC BEACH, FLORIDA
PROP3iTY FUND
SCFQiDUL3 OF CHANGES 4: PIDPERTY FUND
During Fiscal Year Snded September 30. 1948
Public Works Utilities General Total
Book balances at October 1, 1947 $ 8,296.59 3 5>994.12 Sll,107.13 S 25,397.84
Additions for acquisitions made in I~~
prior years:
1. Restr~ratian oY H.P.A. Street
paving project to full I
coat. Previously carried Y, i
' at towns share exclu- '
eive of grant ~ ll,356.58 ~ ~-' ~` iI
I 2. Transfer of Seawall coat -.
~~
I from Seawall fund and l
set up at fl.ll cost ~ i
including that part -. ...
borne by asaesamenta 175,262.35
~
3. To set up coat of sewer- I
age engineering survey
I
previously shown in
sewerage fund ~•~ I
! Total Additions for prior year
618
186
93 ~•~ 192,518.93
5
'
acqulaitiona .
, ,
'., Adjusted book balances at October
'. 1, 1947
8194,915.52
511,894.12 Sll,107.13 3217,916.77
Additions fmm zurrent year~a
appropriations:
Fire Protection - Pire
Hydrants 3 218.65
Sewerage -Engineering Survey
$2,609.38 i
' Haterworke Pipe and Fittings 3,586.84
262.63 i
Waterworks -Toole
Watennrka - Meters and Meter
078.92
1 I
Boxes
Haterworks -Engineering Survey ,
585.00 I
'Aaterworka -Pump 1,904.43
Office Equipment -Mimeograph v 143.21
Machine 65.00
!
Office Equipment -Safe 195.44
Office Equipment -Water Cooler
~~, Total Additions -Current Year 218.65 10,027.20 403.64 10,649.49 !
i
Book Balances at SepteGb er 30, 1948 $195,734.17 821,921.32 Sll, 510.77 $228,566.26
~i
oow oow v, surety-cewn n~o •u~u< wcc ouwr~wr ~
,/
,.
•. •
TOWN OF ATLANTIC BEACH, PLORIIIA
.ALL FUNDS
COFD731.`ID BAIANCE SYEEf
As at September 30, 1948
General Seawall
Fund Fund
Total Exhibit A) (Exhibit B)
Assets - Other than Filed
Cash $ 8,565.31 $ 2,51285 $ 2,847.41
Delinquent Taxes (Less Reserves) 955.15 806.05 149.10
Uncollected Lot Cleaning
Resells®ts (Lase Reserve) 45.81 45.81
Uncollected Street Paving Liens -
(Lesa Reserve) 10.70 10.70
Uncollected Aeaesamenta 3 Abutting
Property Ormera 10,391.06 10,391.06
Uncollected Assessed Interest 174.84 174.84
Spacial Assessments due from
Abutting Property O,mera 9,194.53
Water S,~ates Rights 15,~•~
Due from General Fund 3,000.00
Due from Special Seawall Duergency Feud 143.22 143.22
Total Assets other than_Fiaed
Pixed Aeaete
Public Works
Utilities
General
Total Fixed Asaeta
Grand Total
3 47.480.62 5 3,518.53 $ 13,562.41
$195,134.17
21,921.32
ll,S1U.77
X8,566.26
5276,046.88 $ 3,518.63 a 13,562.41
Liabilities
III Accounts Payable
Note Payable - Beach Bank
- Dr. A. P. Carraway
Bonds Payable
jj Purchase Contract Payable - E. G. Adams
jl Contingent Liability - D. B. HcCormick
& Soma, Inc
Deferred Liability - Fed. Works Agency
~~ Due Water System Fund
~~ Due General Fucd
Total Liabilitiee
'~ Investment in Pixed Properties
Surplus (Deficit)
IIi Grand Total
L --- _- - -
ooaoow ~. su
$ 15,589.24 $ 2,463.79
1,000.00 1,000.00
2,000.00 2,000.00
21,000.00 ~ 21,000.00
15,~•~
3,731.62
5,900.00
3,000.00 3,000.00
143.22
$ 67,364.08 $ 8,453.79 $21,000.00
222,666.26
( 13,983.46) ( 4,945.16)( 7,437.59
$276,046.88 =3,518.63 y13,562.41
,~~o
Special
Seawall Water
emergency System Property
Fund Fund Fund
Exhibit C (Exhibit D) (Exhibit E)
$ 3,205.05
9,194.53
$ 15,000.00
3,0~•~
$ 12,399.58 $ 18,000.00
$195,134.17
21,921.32
11,510.77
~228.56b.26
12,399.58 $ 18,000.00 $228, Sbb.26
$ 13,125.45
$ 15,~•~
3,731.62
~ 5,900.00
143.22
a 17,000.29 r 15,x•00 3 5,900.00
222,666.26
( 4,600.71) 3•~•~
$ 72,399.58 ~~•~ $228,566.26