HomeMy WebLinkAboutAnnual Audited Financial Report-1967 AN N UAL
i
AUDITED FINANCIAL REPORT
I�� of the
CITY MANAGER
of
BROOKLYN CENTER, MINNESOTA
For The Year Ended December 31, 1967
DONALD G. POSS, CITY MANAGER
Prepared by
THE DEPARTMENT OF FINANCE
Paul W. Holmlund, Director
(Member of Municipal Finance Officers
Association of the United SMtes and Canadc)
City of Brooklyn Center
ANNUAL FINANCIAL REPORT
For the Year Ended December 31 1967
TABLE OF CONTENTS
Exhibit
Numbe r
Certificate of Conformance
Listing of City Cafficials
Organization Chart
Location of City Properties
Letter of Transmittal
General Comments
Financial Statements Section
Auditor's Report
Combined Balance Sheet December 31, 1967 1
General Fund Statements
Balance Sheet December 31, 1967 2
Analysis of Changes in Unappropriated Surplus
Year 1967 3
Statement of Revenue E stimated and Actual
Year 1967 4
Statement of Expenditures, Appropriations
And Encuxnbrances Year 1967 5
Statement of Expenditures and Encumbrances
Classified as to Activity, Character and Object
Year 1967 6
City of Brooklyn Center
ANNUAL FINANCIAL REPORT
For the Year Ended December 31, 1967
TABLE OF GONTENTS
Exhibit
Numbe r
Special Revenue Funds Statements
Combined Balance Sheet, December 31, 1967 7
Combined Analysis of Changes in
Unappropriated Surplus Year 1967 g
Combined Statement of Revenue and Expenditures
Year 1967 q
Capital Projects Fund Statements
Combined Balance Sheet December 31 1967 10
Combined Statement of Appropriations
and Expenditures Year 1967 11
Debt Service Funds Statements
Combined Balance Sheet December 31, 1967 12
Combined Statement of Revenue, Expenditures
and 5urplus Year 1967 13
Special Assessment Funds 5tatements
Combined Balance Sheet December 31, 1967 14
Combined Statement of Revenue, Expenditures
and Unappropriated Surplus for Debt Retirement
Year 1967 15
Statement of Construction Expenditures, Compared
to Appropriations and Assessment of Cost s
Year 1967 16
City of Brooklyn Center
ANNUAL FINANCIAL REPORT
For the Year Ended December 31 1967
TABLE OF CONTENTS
�I� Fxhibit
N�imbe r
Special ,Assessme�nt Funds Statements, Cont'd
Statement of Long-Term Debt (Principal Amount)
December 31, 1967 17
Pi�blic Service and Enterprise Funds Statements
Municipal Liquor Fund
I Balance Sheet December 31, 1967 18
Analysi s of Change s in Surplus Year 1967 19
Statement of Income and Expense -Year 1967 20
Statement of Long-Term Debt
I December 31, 1967 21
Public Utilitie s Fund
Balance Sheet December 31, 1967 22
I Statement of Operations and Earned Surplus
Year 1967 23
Water Department Operating Expenses Year 1967 24
Sewer Department Operating Expenses Year 1967 25
Summary 5tatement of Plant and Property and
Provisions for Depreciation
December 31, 1967 26
Statement of Long-Term Debt
Bonds Payable and Contracts Payable
December 31, 1967 27
City of Brooklyn Centex
ANNUAL FINANCIAL REP(JRT
For the Year Ended December 31, 1967
TABLE OF CONTENTS.
Exhibit
Numbe r
'T'rust and Agency Funds Statements
Combined Balance Sheet December 31, 1967 28
Combined Statement of Revenue, Expenditures
and Fund Balances Year 1967 29
Itivestment Trust Fund (A fund to accomodate the investment
of temporary cash surpluses)
Fialance Sheet December 31, 1967 30
Statement of Earnings Year 1967 31
Changes in Partiaipating Fund Balances Year 1967 32
Genc�ral Fixed Assets and General Lon�-Term Debt
S�tmmary Statement of General Fixed Assets
DF:cember 31, 1967 33
Summary Statement of General Long-Term
Debt and Znterest December 31, 1967 34
Schedule of General Long-Term Debt and j
Interest by Maturities December 31, 1967 35
Notes to Financial Statements
Note 1 All Funds
Note 2 Special Assessment Funds
Note 3 Municipal Liquor Fund
Note 4 Municipal Liquor Fund
Note 5 Public Utilitie s Fund
Note 6 Public Utilities Fund
Note Summary Statement of Gene ral Lon�- Te rm Debt and Intere st
Note 8 All Funds
City of Brooklyn Center
ANNUAL FINANCIAL REPORT
For the Year Ended December 31 1967
TABLE OF CONTENTS
Statistical Information Section
Assessed Value and Estimated True Value and
Market Value of All Taxable Property by Budget
Years Schedule I
Tax Rates and Tax Levies
Years 1950 Through 1967 Schedule II
Note s to Tax Rate s and Tax Levie s Schedule III
Tax Levies and Tax Collections
Years 1961 Through 196? Schedule IV
Special Assessment Collections
Years 1961 Through 1967 Schedule V
Revenues Other Than Property Taxes
and Special Assessments
Years 1961 Thr.Qugh 1967 Schedule VI
Expenditures for Selected Functions
Years 1961 Through 1967 Schedule VII
Ratio of Net Bonded Debt to Assessed
Value and Net Bonded Debt Per Capita
Years 1961 Through 1967 Schedule VIII
Statement of Legal Debt Margin
December 31, 1967 Schedule IX
Computation of Direct and Overlapping Debt
December 31, 1967 Schedule X
Ratio of Annual Debt Service Expenditures for
General Bonded Debt to Total General Expenditures
Last Seven Years Schedule XI
Schedule of Revenue Bond Covera e
g
Last 5even Years Schedule XII
Miscellaneous Statistical Facts Sched
ule XIII
THE MUNICIPAL FINANCE OFFICERS ASSOCIATION
OF THE UNITED STATES AND CANADA
�Certifieg t�jat
THE ANNUAL FINANCIAL REPORT OF
1��e Cit of Bro ok� n Cen ter .Minn esota
y y
�or the Year �nded December31,�966
SUBSTANTIALLY CONFORMS 'TO THE PRINCIPLES AND STANDARDS OF
PUBLIC FINANCIAL REPORTING AS PROMULGATED BY THE
�u�tici�aY ,�'ittar�ce �fficerg �g�ociatio�
AND THE
,�atfo�ar �Cot�ntittee or� �o�er�tt�ettta� �ccour�t�t�g
l-
Presented September �9 ,1�j67. Chainnan, Committee on .lccounting
ad�. i��
Executim Dircetor
r r �r r r r �r r
CITY OF BROC`KLYN CENTER, MINNESOTA
CERTIFICATE OF CONFORMANCE
On September 19, 1967, the MUNICIPAI, FINANCE OFFICERS ASSOCIATION OF THE
UNITED STATES AND CANADA certified that the Annual Audited Financial Report
of the City of Brooklyn Center, Minnesota For The Year Ended December 31, 1966
conformed to the principles and standards of public financial reporting as
promulgated by the Municipal Finance Officers Association and the National
Committee on Governmental Accounting.
A Certificate of Conformance is awarded by the Municipal Finance Officers
Association of the United States and Canada only to the governmental unit
whose financial report is judged to conform substantially to the high standards
for financial reporting established by the Association. These standards are
contained in publications of the National Committee on Governmental Accounting.
We believe our present annual report for the year ended December 31, 1967
continues to conform substantially to such standards.
DEPARTMENT OF FINANCE
CITY OF BROOKLYN CENTER
i
City of Brooklyn Center
LISTING OF CIT Y OFFICIALS
For the Year Ended December 31 1967
Elected Officials
Term of Office Term Expires
Mayor Philip Cohen Two years 12-31-67
Councilman Howard Heck Three years 12-31-69
Councilman John Lear Three ears 12-31-67
Y
Y
Councilman 7�heodore Willard Three years 12-31-68
Councilman Gordon Erickson One year 12-31-67
Officials Not Elected t
City Manager ponald G. Poss
City Clerk Allen S, Lindman
City 'Treasurer Paul W. Holmlund
City Attorney Richard 5chieffer
Administrative Assistant Jerry Dulgar
Administrative Assistant Richard Cihoski
Department Heads:
Finance Paul W. Holmlund
Public Works Charles Van Eeckhout
Police Thomas G. O'Hehir
Fire Donald Mason
Protective Inspection Jean R. Murphey
Civil Defense Edwin Coleman
Parks and Recreation Eugene Hagel
Assessment John Nordberg
Liquor 5tores Truman Nelson
Street Superintendent Henry Davis
Public Utilities Superintendent Frank Smith, Jr.
Superintendent of Engineering Glenn Dale Hamilton
�?ealth Officer R. I. Shragg, M. D, j
Fire Marshall Robert Cashman
Sanitarian Robert Hutchison
r
City of Brooklyn Center
LISTING OF CITY OFFICIALS
At May 29, 1968
Elected Officials
Term of Office Term Expires
Mayor Philip Cohen Two years 12-31-69
Councilman Howard Heck Three years 12 _31-69
Councilman John Leary Three years 12-31-70
Councilman Theodore Willard Three years 12-31-68
Councilman Earl Rydberg Two years 12 _31-69
Officials Not Elected
City M.anager ponald G, Poss
City Clerk Allen S, Lindman
City Treasurer Paul W. Holmlund
City Attorney Richard Schieffer
Administrative Assistant Richard Cihoski
Administrative Assistant Jerry Dulgar
Department Heads:
Finance Paul W. Holmlund
Public Works Charles Van Eeckhout
Police Thomas G, O'rIehir
Fire Donald Mason
Protective Inspection Jean R. Murphey
Civil Defense Edwin Coleman
Parks and Recreation Eugene Hagel
Assessment John Nordberg
Liquor Stores Truman Nelson
Street Superintendent Henry Davis
Public Utilities Superintendent Frank Smith, Jr.
Health Officer R. I. Shragg, M. D.
Fire Marshall Robert Cashman
Sanitarian Robert Hutchison
ORGANIZATION CHART CITY OF BROOKLYN CENTER, MINNESOTA
ELECTORS
I Advisory
CITY COUNCIL Human Rights Commission
Advisory MayoY
Park Rec. Commission 4 Councilmen Advisory
Planning Commission
City Attorney I
ICITY MANAGER I Advisory
Cap.Improv.Review Bd. i
Adm.Asst.-Research
Safety Services Adm.Asst.-Planning
i
Capital Improvements
Adm.Asst.-Purchasing
City Clerk
I I I I I I I I i
Park Rec.Dept Finance Dept Police Dept Protective Insp.Dept Vol.Fire Dept Public Works Dept Liquor Stores Civil Def Tax Assmt
Director Dir.&City Treas Chief Chief Inspector Chief Director Manager Director Assessor
I 1
Patrol Division Administrative Div. Detective Div. Engineering Div Street Division Public Util.Div
Lieutenant Lieutenant. Lieutenant City Engineer Superintendent Superintendent
r r►� r ar wr �r r�r �r r� ri r
City of Brooklyn Center
Location of City prop�rties
December 31, 1967
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Park System Key
3 _./,e 1. Willow Lane Park
2 Orchard Lane Park
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t 4. Lakeside Park
5. Brooklane Park
6. Wangstad Park
Citv �e :�.al Fio�e.��ies 7. Northport Park
A, City Hall 8. Happy Hollow
B. Water Tower 9 o Palmer Lake Park
C. Fire station Liquor Store #2 10. Garden City Park
D. Library 11. Proposed Park
E. Liquor Store #3 (located on leased property 12. Lions Club Park
I Brookdale) 13. Grandview Park
F. G. Vacant 14. Evergreen Park
H. Well 15. Bellwe Park
I. Garage 2 wells 1 water tank 16. Marlin Park
J. Liquor Store #1, fire station, garaqe 17. Bryant Park
and Police Department 18. Riverdale Park
19. Freeway Park
CITY
OF
ADMINISTRATIVE OFFICE
OOKLYN
7100 OSSEO ROAD
C 1'JNTl'JR BROOKLYN CENTER MINNESOTA 55429
1\
TELEPHONE 561-5440
I
MINNEAPOLIS
I
May 29, 1968
To the Mayor and Council
City of Brooklyn Center, Minnesota
Gentlemen:
Section 7.12 of the City Charter requires the City Manager
to submit an audited report to the Council covering the entire
financial o
perations of the City for the past year on or before the
last day of June. A summary of that report shall be published in
the official city newspaper on or before july 31 of each year.
The annual audited financial report of the City for the year
ended December 31, 19 67 prepared by the Department of Finance
under my general supervision, is submitted for your consideration.
The summary of the report will be published in the Brooklyn Center
Post on July 25, 1968.
Respectfully submitted,
C� 6
xr�_vC.: c
Donald G. Poss I
City Manager
��a�vn� �2 �r,e �i,��2e
City of Brooklyn Center
Audit Year 1967
GENERAL COMMENTS
Or anization
Brooklyn Center was incorporated as a Village on February 14, 1911,
and became a City of the second class on December 8, 1966 thirty days from.
the ado tion of the Cit Charter b a referendum vote of the eo le.
P Y Y P P
The form of government established by the Charter is the "Council-
Mana�er Plan". The Council exercises the legislative power of the City and
determ.i:nes all matters of policy. The Council is composed of a Mayor and
four Councilmen who are elected at large. Each Councilman serves a term of
three years and the Mayor serves a term of two years. The City Manager is
the head of the Administrative branch of the City government and is responsible
1:o the Council for the proper administration of all affairs relating to the City.
The City Manager is the chief accounting officer of the City and must
provide such information about the finances of the City as the Council may
require.
The offices of City Clerk and City Treasurer are subordinate to and
appoirited by the City Manager. The City Clerk has duties in connection with
the keepin�; af the public records. The City Treasurer has duties in connection
with the receipt, disbursement and custody of public funds.
The City Attorney is appointed by the Gouncil. All other officers and
employees of the City are appointed by the City Manager. Appointment or
removal of department heads are made final upon a majority vote of the Council.
City of Brooklyn Center
Audit Year 1967
GENERAL COMMENTS
Financial Control and the Bud�et
The Cit Charter rants the Cit Council full authorit over the
Y g Y Y
financial affairs of the City.' The Charter requires that all funds of the
City except funds made up of proceeds of bond issues, public service
enter rise funds, and special assessment funds, be bud eted. The Cit
P g v
Manager is charged with the responsibility of preparing the estimates of
the annual budget and the enforcement of the provisions of the budget as
s ecified in the bud et resolution. U on ado tion of the annual bud et
P g P P g
resolution by the Council it becomes the formal budget for City operations,
After the budget resolution is adopted, the Council can increase the budget
only if actual receipts exceed the estimates or from accumulated surplus
in the amount of an unexpended appropriation from the previous fiscal year,
Financial reports, which compare actual performance with the budget
are prepared monthly and presented to the Council so the Council is able to
review the financial status and measure the effectiveness of the budgetary
controls.
Governmental budget procedures are not used in connection with the
liquor stores or public utilities operations, because these operations are t
primarily of commercial nature and employ concepts peculiar to revenue
producing entitites.
A summary of the budget document for the calendar year 1967 follows:
City of Brooklyn Center
Audit Year 1967
GENERAL COMMENT5
Financial Control, Cont'd
Proposed Expenditures (Public 5ervice Enterprises Excluded)
City operations (General Fund) $1, 123, 955
Poor relief 10, 000
Firemen's Relief Association 1, 560
Debt service 86, 052
Public Employees' Retirement Association 42, 758
County park system 3, 653
Total Proposed Expenditures $1, 267, 978
Proposed Source of Financin�
T axation see summary of taxation presented below) 804, 850
Shared taxes (state and federal) 119, 900
Civil Defense reimbursement 10, 600
Sale of certificates 10, 650
Local revenues:
Liquor stores $105, 000
Permits, penalties, licenses and
fines 75, 800
Engineering and clerical fees 70, 000
Se rvice s to public utilitie s fund 12 9 70
Recreation receipts 16, 500
Rent 16, 000
5ervices and other 10, 600 306, 870
General fund surplus 15, 108
Total Proposed Financing $1, 267, 978
i
City of Brooklyn Center
Audit Year 1967
GENERAL COMMENTS
Financial Control, Cont'd
Ad valorem tax levies for the current year 1967 and for the two previous
years (1966 and 1965) are summarized and presented below:
1 67 1966 1965
9
Mill Rate Amount Mill Rate Amount Mill Rate Amount
7�ax Levy
City operations 42. 38 $660, 827 37. 49 $501, 269 32. 55 $425, 034
Park general fund 6. 42 85, 805 8. 94 116, 754
Poor relief 64 10, 000 26 3, 500 1. 00 13, 000
Firemen's Relief
Association 10 1, 560 40 5, 405 1. 00 13, 000
Debt service 5. 52 86, 052 4. 46 59, 714 3. 90 50, 880 t
Public Employees'
Retirement Assn. 2. 74 42, 758 2. 32 31, 000 2. 07 27, 000
County park system 24 3, b53 27 3, 653 34 4, 385
Total Levy 51. 62 $804, 850 51. 62 $690, 346 49. 80 $650, 053
1967 1966 1965
Assessed Valuation
Real estate $14, 290, 018 $12, 148, 363 $11 796 525
Personal property 1, 301, 952 1, 222, 654 1, 256, 760
Total Assessed
Valuation $15, 591, 970 $13, 371, 017 $13, 053, 285
The financial condition of each fund as of December 31. 1967, and the
results of each fund's operations for the year, together with a comparison of
these results to budget estimates, is presented within the financial statements
section of this report.
The City carries surety bonds on the positions of: City Manager, Clerk,
7 reasurer, Assessor, Deputy Assessor, Liquor Store Manager and Assistant
=��Park General Fund included in General Fund for 1967
City of Brooklyn Center
Audit Year 1967
GENERAL COMMENTS
Financial Control, Cont'd
Manager. In addition, the City is covered by an Honesty Blanket Position
bond on all other City employees.
Gene ral Operation s
The City, in addition to the usual activities of general government,
public safety and welfare, highways and recreation, operates three off-sale
liquor stores and a public sewer and water utility. Net revenues roduced in
P
excess of working capital requirements by municipal liquor store operations
have been used towards financing current expense and capital outlay programs
of the Cit General Fund.
Y
The net revenues of the public utility have been retained within the
Public Utilities Fund and employed for sewer and water utility purposes,
Accountin S stem
Y
The accounting for all activities of the City is divided into various
purpose groups or funds as required by statute and/or good accounting practice.
Exce t for minor variances all funds are maintain
p ed on an accrual basis and
in conformity with generally accepted accounting principles applicable to
governmental entities as set forth by the National Committee On Governmental
Ac c ountin p
City of Brooklyn Center
Audit Year 1967
GENERAL COMMENTS
Accounting System, Cont'd
The accounts of the City are classified in conformance with classifi-
cations prescribed by the Public Examiner's office (Classificatiori of Accounts
for Use by Fiscal Officers in Cities and Villages as issued pursuant to Minnesota
Statutes Section 215, 10). T'he accounting system which is used for the Public
Utilities F'und is adopted from a system specifically designed for municipally-
owned utilities by the .American Water Works Association and is permissible
under the Examiner's order establishing account classifications for municipalities.
Accounting and bookkeeping for all City activities are centralized
under the Department of Finance. The responsibility for maintaining and pre-
scribing all financial records, establishing and maintaining internal control,
and preparing financial and budgetary reports are delegated to this department,
i
FINANCIAL
STATEMENTS
SECTION
MOEN PENTTILA
CERTIFIED PUBLIC ACCOUNTANTS
1210 GLENWOOD AVENUE
MINNEAPOLIS, MINNESOTA 85405
DIAL 377•5f80
7 o the City Council
City of Brooklyn Center, Minnesota
Gentlemen:
�We have examined the financial statements of the various funds of the
City of Brooklyn Center as of December 31 1967 and for the calendar year
the��i ended. Our examination was made in accordance with generally accepted
auditing standards, and accordingly included such tests of the accounting
records and such other auditing procedures as we considered necessary in the
circumstance s,
Audit Defined
In accordance with the terms of our engagement, we conducted
a"Limited Gerieral Audit" which is defined as an "examination
which consists of a review of internal control and accounting pro-
cedures and the details of all records (including subsidiary records
and supporting data) as to mathematical accuracy, propriety and
completeness of all transactions, on a test basis. This type of
audit presumes that the auditor is expected to render an opinion
sub'ect to such ualifications as ma seem necessar concernin
J q Y Y) g
all of the transactions and records even though he has not examined
all of them in detail,
Scope of Examination
Our examination covered all financial transactions and funds
of the City as included in the records maintained by the
Department of Finance.
City Council
Brooklyn Center
In our opinion, the accompanying balance sheets and related
statements of revenue, expenditures and surplus {E�ibits 1 through 35),
together with the notes appended thereto, present fairly the financial
position of the various funds of the City of Brooklyn Center on December 31,
19�7, and the results of their operations for the year then ended, in conformity
wit}L generally accepted governmental accounting principles, applied on a
basis consistent with that of the preceding year.
Respectfully submitted,
c t.cc/ i ;.'i
Oiva Penttila
C e rtifie d Public Ac countant
MOEN PENTTILA
Field work completed May 29, 1968.
Re ort signed June 3, 1968.
P
C ombined
Explanation Total
(Note 1}
Assets and Resources
Cash on hand and in depositories 255, 273
Temporary investments 2, 678, 536
Accounts receivable 68, 443
Accrued revenue 81,942
Due from other funds 460, 185
Cash held by County Treasurer's office 65, 298
Monies on deposit with State of Minnesota 197, 206
T'axes receivable 40, 296
Special assessment receivables 3, 994, 763
Cash held by paying agents for debt and interest 584, 230
Inventories and supplies 102, 583
Securities held for investment and securities authorized for gale 1, 852, 863
Prepaid expenses and deferred charges 3, 270
Fixed assets (net of depreciation where applicable) 15, 508, 418
Unasaessed construction 708, 264
Amount available general debt and interest 28, 718
Amount to be provided general debt and interest 771, 749
Totals $27, 402, 037
Liabilitie s
Vouchers and accounts payable 108, 776
Accrued sales tax payable 3 698
Contracts payable 726
Assessments payable 141, 167
Accrued expenses 88,277
Due to other funds 460, 185
Construction and debt redemption loans payable 1, 136, 700
Customer and contractor deposits 148, 040
Bonds and certificates payable 5, 887, 715
Due funds participating in investment trust 2, 070, 286
Interest payable in future years (general debt) 146, 838
Total Liabilities $10, 917, 951
Surplus Re s e rve s and Fund Balance s
Surplus and surplus reserves set aside 1, 743, 881
Contributed surplus 7 695 342
Investment in general fixed assets 6, 585, 352
Unexpended appropriations, authorizations and balances 459, 511
Total Surplus, Reserves and Fund Balances $16, 484, 086
7otals $27, 402, 03?
City of Brooklyn Center Exhibit 1
COMBINED BALANCE SHEET ALL FUNDS AND GROUP5 (CONDENSED FORM)
December 31, 1967
5pecial Capital Debt Special Municipal Public General General Debt
General Revenue Projects 5ervice Assessment Liquor Utilities Agency Investment Fixed Assets and
Fund Fund s Fund s Fund s Fund s Fund Fund Fund s T ru st Fund G roup Inte re st G r oup
(E3rliibit 2) (Exhibit 7) (Exhibit 10) (Exhibit 12) (Exhibit 14) (Exhibit 18) (Exhibit 22) (Exhibit 28) (Exhibit 30) (Exhibit 33) (Exhibit 34)
8, 361 149 86 314 9, 292 51, 883 12, 055 1, 473 171, 660
190, 705 291 21, 232 20 998 1, 250, 440 25, 166 1, 138 949 23, 755
6, 352 4, 470 216 52, 020 5, 385
32,073 30 49,839
22, 122 945 45 436, 126 66 875 6
9, 796 86 2,204 52, 825 387
197, 206
32,205 570 5,269 2,252
3,908,457 86,306
486,,915 14,954 43,433 38,928
699 88, 317 7, 567
1,852,863
2,467 803
11, 176 8, 911, 890 $6, 585, 352
708, 264
28, 718
r 771, 749
$276, 240 8 096 $219, 469 28, 830 $6, 856, 789 $194, 245 $10, 285, 971 33, 288 $2, 074, 362 $6, 585, 352 $839, 395
I
13, 971 737 36, 715 25, 648 23, 974 7, 714 17
3, 698
2, 700 723, 569
410 $140,757
62, 009 4, 630 21, 638
2,882 19 1,978 3 442,995 11,852 418 38
1, 136, 700
143,981 4,059
4,312,915 ?3,000 950,000 551,800
2,070,286
146, 838
17,263 756 1, 978 3 $5 991 334 $121, 528 1, 863, 580 7, 752 $2, 074, 362 $839, 395
258, 977 7, 340 4, 274 b47, 988 72, 717 727, 049 25, 536
7, 695, 342
$6, 585, 352
213,217 28,827 217,467
$258, 977 340 $217, 491 28, 827 865, 455 $?2, 717 8, 422, 391 25, 536 $6, 585, 352 I
$276,240 8 ,096 $21q,469 28,830 $6,856,789 $194,245 $10,285,971 33,288 $2,074,362 $6,585,352 $839,395
(5ee notes to financial statements)
This statement is an integral part of report dated May 29 1968
MOEN PENTTILA
Exhibit 2
City of Brooklyn Center
General Fund
BALANCE 5HEET
December 31 1967
AS5E T S
Assets
Cash on hand and in depositories 8, 361
Temporary investments 190, 705
I, Accounts receivable 6, 352
Due from other funds 22 122
Cash held by County Treasurer's office 9 796
Taxes receivable:
Real estate and personal property taxes:
Levied during 1966, collectible in 1967 19, 100
Prior years' levies 13, 105 32,205
Inventories of supplies:
Materials and supplies 5, 358
Small tools 1, 341 6, 699
Total $276, 240
LIABILITIES, RE5ERVES AND 5URPLUS
Liabilitie s
Vouchers payable 13, 971
Contracts payable 410
Due to other funds 2� 882
Total Liabilities 17,263
5urplus
Reserve for 1967 budget encumbrances 8, 572
Reserve for imprest cash and prepaid or deferred
expenditure s 7� 12 9
Unappropriated surplus (Exhibit 3) 243,276
Total Surplus 258, 97?
Total $276,240
(See notes to financial statements)
Thia statement is an integral part of report dated May 29, 1968.
Exhibit 3
City of Brooklyn Center
General Fund
ANALYSIS OF CHANGES IN UNAPPROPRIATED 5URPLU5
Year-1967
Ar,tual
Budget Over (Under)
Actual E stimate E stimate
Unappropriated Surplus, January 1, 1967 140, 000 140, 000
A.dd;
P.evenue (,Exhibit 5) 1, 202, 048 1, 180, 197 21, 851
Paxk General surplus January 1, 1967 16, 430 16, 3�3 8?
DE:�crease to reserves for assets
set aside for specific use 2, 314 2, 314
Total Balance and Additions $1, 360, ?92 $1, 336 540 24, 252
Ded���;;t:
Eh-penditures (E�iibit 5) $1, 108, 944 $1 196 980 88, 036)
Encumbrances (Exhibit 5) 8, 572 8, 572
Total Deductions $1, 117, 516 $1, 196, 980 79, 464)
Unappropriated Surplus, December 31, 1967 243,276 139, 560 103, 716
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968,
Exhibit 4
City of Brooklyn Center
General Fund
STATEMENT OF REVENUE E5TIMATED AND ACTUAL
Year 1967
Actual
Budget Over (Under)
Actual E stimate E stimate
T axe s
Real estate and personal property taxes $660 881 $660 827 54
Penalties and interest on tax bills 12,29? 5, 000 7,297
Total Taxes $673, 178 $665, 827 7, 351
Licenaes, Permits and Fines
Fines, forfeitures and penalties 20,416
Building permits 18, 766
Electrical permits 10, 292
Heating permits 4, 539
Plumbing permits 5, g72
5ewage and water permits 2, 480
Dog licenses and pound fees 2, 033
Bicycle licenses 648
Heating licenses 760
Food establishment licenses 2, 091
Zoning charges and special permits 718
Food vehicle licenses 912
Certi£icates of occupancy 725
Gas piping licenses 380
Garbage licenses 325
Cigarette licenses 1, 116
Malt licenses 1, 811
5ervice station licenses 722
Well drillers' licenses 120
Bowling alley licenses 22�
Miscellaneous business licenses 353
Miscellaneous licenses and permits
(categories under $100) 122
Total Licenses, Permits and Fines 75,421 $?1, 600 3, 821
Inter�overnmental Revenue
Federal grants 80, 323 82, 000 1, 677)
i
Exhibit 4
City of Brooklyn Center Cont'd
General Fund
STATEMENT OF REVENUE ESTIMATED AND ACTUAL
Year 1967
Actual
Budget Over (Under)
Actual Estimate Estimate
Shared Taxes
State cigarette and liquor taxes 98, 754 96, 600 2, 154
State aid for street maintenance 18, 765 17, 800 965
Mortgage registry tax 20, 730 5, 500 15, 230
Bank excise tax l, 048 1, 048
Mobile home registry tax 260 260
Total Shared Taxes 139, 557 119, 900 19, 657
Char�es for Current Services
Recreation 17, 780 16, 500 1, 280
Assessment searches, photos, platting
fees, etc. and other general
governmental services 1, 621 1, 800 179)
Total Char�es for Current Services 19, 401 18, 300 1, 101
Char�es to Other Funds
Engineering and clerical fees 63, 328 70, 000 6, 672)
Rent and administrative charges:
Public Utilities Fund 10, 032 12, 970 2, 938)
Expense reimbursements Liquor Fund 660 660
Work order charges use of equipment 18, 729 16, 000 2, 729
Total Char�es to Other Funds 92, 749 98, 970 6, 221)
Other
Sale of property 101 101
Interest on temporary investments 5, 705 2, 000 3, 705
Civil defense reimbursements 5, 747 10, 600 4, 853)
Reimbursement from Capital Projects
Funds library drapes 1, 978 1, 000 978
Police towing charges 1, 079 1, 079
Police auction 418 418
Weed destruction 155 155
Miscellaneous 1, 236 5, 000 3, 764)
Total Other 16, 419 18, 600 2, 1$1)
Transfers In
Municipal Liquor Fund 105, 000 105, 000 -0-
Total Revenue $1, 202, 048 $1, 180, 197 21, 851
(5ee notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
1967 Bud�et Anpropriations
Original Amendments During 1967
1967 Budget Increases Decreases
General Government
Mayor and Council 33, 165 900 14, 500
Election voter registration 3, 498
Finance Administrative Office 103, 077
Assessor 17, 74b
Accounting internal
audit 24, 539
Independent audit 5, 500 200
Legal 16, 2 50 5, 000
Charter Commission 1, 500
Capital Improvements Review
Board 1, 000 3, 000
General government buildings 41, 281
Total General Government 247, 556 9, 100 14, 500
Public Safety and Welfare
Police protection 240, 418
Fire protection 35, 311 1, 700
Protective inspection 35, 432 2, 300
Civil defense 23 165
Animal control 5, 000 1, 100
Regulations and inspections 4, 400 400
Nursing service 7, 980
Total Public Safety Welfare$ 351, 706 5, 500
Hi �hways
Engineering 90, 034 3, ?00
Street department maintenance
shop 219,748
Street lighting 36, 900 1, 000
Tota1 Hi�hways 346, 682 4, 700 Q00
Recreation
Supervision of recreation 21, 530
Adult programs 400
Summer playgrounds 14 919
Summer programs 17, 700
Fall and winter sports 12, 725
Total Recreation 74, 274
Park General 178 962
Grand Total $1, 020, 218 198, 262 21, 500
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
City of Brooklyn Center Exhibit 5
General Fund
STATEMENT OF EXPENDITURES, APPROPRIATIONS AND ENCUMBRANCES
Year 1967
Expenditures and En�umbrances (Over Expended)
Final 1967 Dec. 31, 1967 Under Expended
1967 Bud�et Expenditures Encumbrances Appropriations
19, 565 15, 807 1, 801
1, 957
3,498 2,214 1,284
103,077 88,358 286 14,433
17, 746 16, 763 983
24,539 22,994 1,545
5,700 5,698 2
21,250 20, 961 �89
1,500 1,500
4,000 3,696 304
41,281 37,769 791 2,721
242, 156 214, 260 2, 878 25, 018
240, 418 234, 509 1, 004 4, 905
37,011 35 ,066 1,584 361
37,732 37,149 583
23,165 9,256 931 12,978
6, 100 6, 005 95
4,800 4,704 96
7, 980 7, 979 1
357, 206 334, 668 3, 519 19, 019
93, 734 92, 172 10 1, 552
212 748 1 7 051
9 1,916 13,781
37,900 35,208 2,692
344, 382 324, 431 1, 926 18, 025
t 21, 530 21, 820 4 2q4)
7, 400 8, 138 22 760)
14 ,919 14,201 718
17,700 17,460 150 90
12,725 8,401 4,324
74, 274 70, 020 176 4, 078
178, 962 165, 565 73 13, 324
$1, 196, 980 $1, 108, 944 8, 572 79 464
Total
Encumbrances Total
and Current Personal
Expenditures Expense Services
Gene ral Gove rnment
Mayor and Council 17, 608 17, 608 14, 297
Flcrctions voter registration 2, 214 805 785
F'inancc� Administrative Office 88, 644 86 919 54, 291
Assessor 16,763 16,763 15,600
Accounting Internal Audit 22 994 22 994 22, 954
Independent Audit 5, 698 5, 698 5, 698
Le�al 961 20, 961 20, 7].0
Capital Improvements Review
Board 3, 696 3, 696 3, 696
General governnnent buildings 38, 560 33, 888 15, 679
Total General Governxnent 217, 138 $209, 332 $153, ?10
Public Safety and Welfare
Police protection 235, 513 $229, 981 $214, 471
Fire protection 36, 650 22, 589 18 698
Protertive inspection 37, 149 36 699 35, 585
Civil defense 10, 187 7, 118 3, 524
Animal control 6, 005 6, 005 6, 005
Ke�ulations and inspections 4, 704 4, 704 4, 704
1Vizrsing 7� 979 7 979 7, 979
T otal Public Safety and Welfare 338, 187 $315, 075 $290, 966
Fii�hways
En�ineering 92, 182 91, 350 89, 984
5treet departinent maintenance
shap 198,967 182,13g 106,780
Street lighting 35, 208 35, 208
Total Hi�hways 326, 357 $308, 697 $196, ?64
1�ec.reation
Supervision of recreation 21, 824 21, $24 18, 833
Adult pro�rams 8, 160 8, 160 4, 298
Summer playgrounds 14, 201 14, 201 12, 48b
Summer programs 17, 610 17, 610 12, 031
Fall and wintex sports 8, 401 8, 401 7, 662
Total Recreation ?0, 196 70, 196 55, 310
Park General 165, 638 83, 517 65, 816
Grand Total $1, 117, 516 $986 817 $762, 566
(See notes to financial statements)
This statement is an integral part of report dated May 29 1968
City of Brooklyn Center Exhibit 6
General Fund
STATEMENT OF EXPENDITURE5 AND ENCUMBRANCES
CLASSIFIED AS TO ACTIVITY, CHARACTER AND OBJECT
Year 1967
Current Expense Classification Capital Expenditures
Contractual CapitalOutlay Classification
Se rvice s C ommoditie s Othe r Expenditure s Land Equipment
3, 311
20 1,409 1,409
15, 623 7, $77 9, 128 1, 725 1, 725
1, 005 158
40
251
14,850 3 35 4 672 4 2 2 380
9 9
31,729 11,394 12,499 7,806 4,292 3,514
7, 594 6, O11 1, 905 5, 532 5, 532
2,291 987 613 14,061 14,061
995 119 450 450
1, 430 337 1, 827 3, 069 3, 069
12,310 7,335 4,464 23,112 23,112
143 1,223 832 832
i, 584 69, 896 3, 879 I6, 828 lb, 828
35, 208
36,935 71,119 3,879 17,660 17,660
482 2,443 66
3, 862
1, 715
5, 579
739
482 14,338 66
6,076 9,767 1,858 82,121 68,803 13,318
87,532 $113,953 22 ,766 $130 73,095 57,604
Exhibit 7
City of Brooklyn Center
Special Revenue Funds
COMBINED BALANCE SHEET
December 31, 1967
G ruup
Combined Poor Training
T otal Fund Fund
ASSETS
Cash on hand and in depositories 149 86 63
Temporary investments 7, 291 7, 291
Cash held by County Treasurer's
office 86 86
Taxes receivable;
Real estate and personal property:
Levied during 1966, collectible
during 1967 288 288
Pri.or years' levies 282 282
Totals 8, 096 8, 033 63
LIABILITIES, R.ESERVES AND SURPLUS
Liabilitie s
Vouchers payable 737 737
Due to other funds 19 19
Total_ Liabilities 756 756
Surplus
Unappropriated surplus (Exhibit 8) 7, 340 7, 277 63
Totals 8, 096 8, 033 63
(See notes to financial statements)
'I'his statement is an integral part of report dated May 29, 1968.
Exhibit 8
Citv of Brooklyn Center
Special Revenue Funds
COMBINED ANALYSI5 OF CHANGE5 IN UNAPPROPRIATED SURPLUS
Year 1967
G r oup
Combined Poor Training
Total Fund Fund
Unappropriated Surplus,
Tanuary 1, 1967 6, 752 6, 689 63
Add: Revenue (Exhibit 9) 10, 172 10, 172
Deduct: Expenditures and
encumbrances
(Exhibit 9) 9, 581) 9, 581)
Unappropriated Surplus,
December 31, 1967 7, 343 7, 280 63
(5ee notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 9
City of Brooklyn Center
5pecial Revenue Funds"
COMBINED STATEMENT OF REVENUES AND EXPENDITURE5
Year 1967
G r oup
Combined Poor Training
T otal Fund Fund
Revenue
General property tax special
ad valorem levy 9, 979 9, 979
Interest earned on temporary
investments 193 193
Total Revenue $10, 172 $10, 172 -0-
Expenditure s
Subsistence, care and support
payments 5, 283 5, 283
Administrative charge 4, 298 4, 298
T'otal Expenditures 9, 581 9, 581 -0-
Exce s s of Expenditure s Over
Revenue 591 591 -0-
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
r
r
C ombined
Total
ASSETS
Cash in bank g
Due from other funds 945
Temporary inve stments 21, 2 32
Monies on deposit with State of Minnesota 197,206
'I ��ta].s $219, 469
LIABILITIES AND SURPLUS
Due to other funds 1 978
Total. Liabilities 1, 978
Reserve for authorized
expenditures (Exhibit 11) 213,2�7
Unappropriated surplus 4, 274
T otals
$219, 469
(See notes to financial statements)
This statement is an integral part of report dated May 29 1968
Exhibit 10
City of Brooklyn Center
Capital Proj�cts Funds
COMBINED BALANCE SHEET
December 31, 1967
Municipal
Certificates Certificates 5tate Aid
of of for
Library Indebtedness Indebtedness Highway
Bonds #10 #11 Construction
75 il
567 378
4,834 149 16,249
197,206
4,909 716 378 $213,466
1, 978
1, 978
$213, 217
2,931 716 378 249
4, 909 716 378 $213, 466
f
i
Com.bined
T�tal
Reserve for Authorized Expenditures
Federal grants and general obligation
bonds sold during 1966 $250, 000
Certificates of indebtedness
sold during 1966 44, 000
sold during 1967 9, 500
State aid for highways
froxn 1966 and prior years 167, 018
from 1967 125 234
Interest on temporary investments 1, 332
Total. Axnount Appropriated $597, 084
Less: Expenditures for authorized purposes:
Year 1964 12, 779
Year 1965 197, 074
Year 1966 61, 222
Year 1967:
Library construction 1, 978
Fire department equipment 13, 067
City equipment 9, 138
Street construction ?9, 035
Transfer to debt retirement 5, 300
Total E�penditures $379, 593
Reserve for Authorized Expenditures December 31, 1967 $213, 217
Unappropriated Surplus December 31 1967 Z74
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 11
City of Brooklyn Center
Capital Projects Funds
COMBINED STATEMENT OF APPROPRIATIONS AND EXPENDITURE5
Year 1967
Municipal
Certificates Certificates 5tate Aid
of of for
Library Indebtedness Indebtedness Highway
Bonds #10 #11 Construction
$250, 000
44,000
9,500
$167, 018
125,234
92 5 142 16 249
$250, 925 44, 142 9, 516 $Zg2, 501
12, 779
197, 074
30,863 30,359
1, 978
13, 06?
9, 138
?9,035
5, 300
$247,994 43,426 9,138 79,035
-0- -0- -0- $213,217
2,931 716 378 249
I
C ombined
T otal
ASSETS
Gash on hand and in depositories 314
Temporary investments 20 998
Due from other funds 45
Cash held by County Treasurer's office 2, 204
Taxes receivable:
Real estate and personal property:
Levied in 1966 collectible in 1967 4, 001
Priar year levies 1,268
Totals 28, 830
LIABILITIES AND SURPLUS
Due to othe r fund s 3
Reserve for future interest 109
Unappropriated surplus 28, 718
Totals 28, 830
(See notes to financial statements)
This statement is an integral part of report dated May 29 1968
Exhibit 12
City of Brooklyn Center
Debt 5ervice Funds
COMBINED BALANCE 5HEET
December 31 1967
Certificates State Loan
Park Library of (Cash Basis
Bonds Bonds Indebtedness Fund)
158 97 59
16,117 1,649 3,232
24 21
293 138 287 1,486
951 509 82 1.
9 559
860 408
18,403 2,414 4,968 3,045
3
109
18, 403 2, 414 4, 856 3, 045
18,403 2,414 4 968 3 045
C ombine d
Total
Unappropriated Surplus, January 1, 1967 21, 638
Add: Revenue
General property tax levies 87, 635
Interest on temporary investments 1, 249
Total Balance and Additions $110, 522
Deduct: Expenditure s
Principal paid 59, 400
Interest paid 22,280
Service charges (paying agent) $2
Write off tax levy balances 42
Total Expenditure s 81, 804
Unappropriated Surplus, December 31, 1967 28, 718
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 13
City of Brooklyn Center
Debt Service Funds
COMBINED STATEMENT
OF REVENUE, EXPENDITURES AND SURPLUS
Year 1967
Certificates State Loan
Park Library of (Cash Basis
Bonds Bonds Indebtedness F'und)
15,881 1,427 2,876 1,454
32,935 17,617 33,987 3,096
768 149 332
49, 584 19, 193 37, 195 4, 550
Zo,000 io,000 Zs,000 i,400
11, 105 6, 750 4, 320 105
53 29
23 19
31, 181 16, ?79 32, 339 1, 505
18, 403 2, 414 4, 856 3, 045
All Fund s
Combined Bond Fund
Assets Total No. 1
Cash on hand and in de ositories 9, 292 41
P
Temporary investments (Exhibit 30) 1, 250, 440 49 656
Accounts receivable 4, 470
S 436 126
Due f r om othe r fund
2 2 8
5 8 5
s er s office 9
C
ash held b Count Trea ur
Y Y
Assessments receivable:
Future installments (principal) 3 369 123 49, 300
Delinquent assessments (principal interest) 109, 814 1, 070
City General Fund (principal no interest charge) 140, 756
Interest applicable to 1967 on installments due in
1968 4, 628
General City share for future taxation (principal
only) (Note 2) 253, 719
Installments applicable to tax forfeit property 30, 417 177
Authorization to assess for construction in progress 708,264
Cash held by paying agents for debt and interest 486, 915 20, 625
Totals $6, 856, 789 $120, 958
Liabilitie s
Vouchers and contracts payable 36, 715
Accrued expenses and costs 62, 009
Due to other funds 442 995
Construction loans payable 1, 136, 700
Bonds payable future years (Exhibit 17) 3, 826, 000 75, 000
Bonds and interest not redeemed (monies with
paying agent):
Bonds maturing January 1, 1968 407, 000 19, 000
Interest coupons maturing January 1, 1968 79, 91�5 1, 625
Total Liabilities $5, 991, 334 95, 625
Unappropriated surplus (deficit) for debt retirement
(Exhibit 15) 647, 988 25, 333
Unexpended appropriations for construction
(Exhibit 16) 217, 467
Totals $6, 856, 789 $120, 958
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Cit�q of Brooklyn Center Exhibit 14
Special As ses sment Funds
COMBINED BALANCE 5HEET
Decembex� 31, 1967
1955 A 1956 AC 1956 B 1957 AB 1958 A 1958 B 1959 AB 1960 AB 1961 AB 1963 1965 1966 1968
Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund
173 1,056 605 204 345 358 294 1,4$2 1,034 125 49 3,526
131, 400 143, 320 96 51, 077 118, 306 183, 854 162 766 119, 392 174, 142 90, 427 9, 782 16, 222
4,470
33,328 402,798
8, 723 5, 377 164 3, 834 388 387 24, 118 3, 265 5, 730 410 340
88, 758 161, 199 29, 141 66, 929 177, 9b9 73, 929 209, 561 696, 002 432 356 395, 344 258, 840 729, 795
362 2, 256 497 405 4, 161 777 2, 057 35, 673 43, 466 12, 558 1, 354 5, 178
699 1 137 3, 800 715 3, 775 39, 794 63, 278 3, 965 13, 578 10, 015
59 4, 569
311 1,344 618 126 640 724 103,604 q5,691 29,418 13,141 11,865
11,903 12,483 315 1,776
62, 804 $645, 460
20, 503 29, 590 40, 837 30, 862 23, 930 44, 113 112, 645 74, 008 53, 920 35, 882
$250, 929 $345, 279 30, 957 $163, 542 $336, 832 $283, 960 $422, 953 $1 178, 000 $899, 723 $591, 802 $334, 812 $1, 251, 582 $645, 460
97 36, 618�
62, 009
3,970 37,713 401,312
1, 136, ?00
$136, 000 $205, 000 $275, 000 $210, 000 385, 000 $1, 025, 000 $740, 000 $490, 000 $285, 000
I
18, 000 25, 000 40, 000 25, 000 20, 000 35, 000 90, 000 60, 000 45, 000 30, 000
2, 502 4, 590 838 5, 863 3, 930 9 112 22, 645 14, 008 8, 920 5, 882
$156, 502 $234, 590 40, 838 $305, 863 $233, 930 $433, 082 $1, 137, 645 $814, 008 $543, 920 $320, 882 $1, 236, 519 $437, 930
94, 427 110, 689 30, 957 122, 704 30, 969 50, 030 10, 129) 40, 355 85, 715 47, 882 13, 930 5, 126
9, 93? 207, 530
$250, 929 $345, 279 30, 957 $163, 542 $336, 832 $283 960 $422, 953 $1, 178, 000 $899, 723 $591, 802 $334, 812 $1, 251, 582 $645, 460
MOEN PENTTILA
Combined Bond
Total Fund 1955 A 1956 AC 1956 B
All Funds No, 1 Fund Fund Fund
Unappropriated Surplus (Deficit)
January 1, 1967 $575,428 $23,049 $88,185 $104,054 $29,100
Add: Revenue for 1967
Interest on assessments $202, 047 3, 127 5, 092 9, 454 1, 853
Interest on investments 56, 810 2, 512 6 256 b 511 10
Total Revenue 1967 $258, 85? 5, 639 $11, 348 15 965 1, 863
Deduct: Ex enditures for
P
1967
Interest $1$6, 139 3, 250 5, 005 9, 180
Paying agent charges 1, 631 105 91 150 6
As se s sments written off
(added) 1, 473) 10
Total Expenditures
1967 $186,297 3,355 5,106 �,330 6
Unappropriated Surplus (Deficit)
December 31, 196? $647, 988 $25, 333 $94, 427 $110, 689 $30, 957
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 15
City of Brooklyn Center
Special Assessment Funds
COMBINED STATEMENT OF REVENUE, EXPENDITURES
AND UNAPPROPRIATED SURPLUS FOR DEBT RETIREMENT
Year 1967
1957 AB 1958 A 1958 B 1959 As 1960 AB 1961 AB 1963 1965 1966
Fund Fund Fund Fund Fund Fund Fund Fund Fund
$116, 442 $23, 945 $44, 350 11, 510) $33, 107 $75, ?97 $34, 941 8, 573 5, 395
4,650 $12,207 5,139 14,024 $47,629 $30,480 $27,013 $15,287 $26,092
3, 360 5, 143 8, 460 5, 714 5, 274 7, 664 3, 912 1, 982 12
8,010 $17,350 $13,599 19,738 $52,903 $38,144 $30,925 $17,269 $26,104
1, 675 $11, 725 7, 860 $18, 225 $45, 290 $28, 015 $17, 840 $11, 765 $26, 309
$4 109 59 132 361 213 142 115 64
r 11) 1, 508) 4 2) 2 32
1, 748 $10, 326 7, 919 $18, 357 $45, 655 $28, 226 $17, 984 $11, 912 $26, 373
$122, 704 $30, 969 $50, 030 10, 129) $40, 355 $85, ?15 $47, 882 $13, 930 5, 126
Appropriations (Note 2)
Appropriations
Project Total (�ldded) Final
Number Description Appropriations Cancelled A��ropriation
Projects Glosed durin� 1967
66-1 Street 89, 315. 00 8, 018. 72 81, 296. 28
66-2 Curb and gutter 38, 355. 19 1, 851. Q4 36, 504. 15
66-3 Storm sewer 61, 826.45 12 89 49, 326. 56
66-3A Storm sewer 29, 242. 00 3, 47tS. 62 25, 763. 38
66-7 Street 35, 410. 00 1, 380. 33 34, 029. 67
66-10 Street 48, 672, 00 6, 034. 53 42, 637. 47
66-15 Sanitary sewer 4, 565. 00 1, 698. 89 2. 866. 11
66-16 Water main 4, 998. 00 1, 344. 76 3, 653. 24
66-21 Street 22 450. 00 68 5. 37 21, 764, 63
66-22 Storm sewer 8, 520. 00 3, 640. 22 4, 879, 78
66-27 Street 5, 995. 00 88. 39) 6, 083. 39
b6 Street 12, 112. 00 602. 88) 12 714. 88
66-40 Street curb gutter 20, 871. 00 4, 307. 16 16, 563. 84
66-41 Sanitary sewer 6 646 00 1, 604. 90 5, 041. 10
66-42 Sanitary sewer 9, 078. 00 2, 794. 91 6, 283, 09
66-43 Water main 18, 837. 00 4, 027. 13 14, 809. 87
66-44 Curb and gutter 3, 965. 00 276. 81) 4, 241. 81
66-45 Curb and gutter 3, 748. 00 328. 11 3, 419. 89
66-46 Street 7, 393. 00 1, 586.29) 8, 979.29
66-47 Street 9, 170. 00 3, 688. 69) 12, 858. 69
67-1 Water main 38, 922. 00 6, 119.22 32, 802, 78
67-7 Sanitary sewer 1, 561. 00 164. 18) 1, 725. 18
67-8 Sanitary sewer 10, 168. 00 4 986. 23 5, 181. 77
67-9 Water main 8, 672. 00 671. 97 8, 000. 03
67-17 Water main 4, 595. 00 478. 39) 5, 073. 39
67-21 Sanitary sewer 4, 618. 00 437. 56 4, 180.44
67-22 Wate r main 4, $14. 00 99. 88 4, 714. 12
67-23 Water main 3, 143. 00 816. 09 2, 326. 91
67-24 Water main 1$, 812. 00 4, 198. 89 14, 613. 11
67-26 Water main 74, 378. 00 19,259. 82 55, 118. 18
b7-31 Sanitary sewer 27, 570. 00 9, 682. 71 17, 887. 29
67-32 Water main 14, 881. 00 3, 848. 98 11, 032. 02
67-34 Water main 1, 546. 35 120. 18 1, 426. 17
67-35 Sanitary sewer 1, 589. 25 106. 73 1, 482. 52
Total Projects Assessed 656, 438. 24 97, 157. 21 559, 2$1. 03
Projects in Process (as of 12 /31 /67)
67-2 Street 25, 982. 00 25., 982, 00
6?-3 Water main 36, 822, 00 36, 822. 00
67-4 Sanitary sewer 25, 582. 00 25, 582, 00
Exhibit 16
City of Brooklyn Center
Special Assessment Funds
CONSTRUCTION EXPENDITURES COMPARED TO APPROPRIATIONS AND ASSESSMENT OF COST5
Year 1967
Expenditures (Note 2) Unexpended Costs Assessed Assessed Compared to Cost
(Overexpended) Applied to
Balance During T'otal Appropriations State Aid Property (Under)Over Water Utility
Jan. I 1967 1967 Expenditures For Construction Share Share Total Assessed (Note 2) Cost (Note 2)
79, 149. 80 2, 146. 48 81, 296. 28 77, 401. 77 3, 894. 43 81, 296. 20 08)
33, 562, 50 2, 941. 65 36, 504. 15 23, 534. 30 12, 969. 81 36, 504. 11 04)
47 299 12 2, 027, 44 49, 326. 56 20, 466. 31 28, 858. 89 49, 325. 20 1. 36)
23, 603. 51 2, 159. 87 25, 763. 38 25, 763. 38 25, 763. 38
32, 631. 97 1, 397. 70 34, 029. 67 34 029. 67 34 029. 67
40, 048. 03 2, 589.44 42, 637.47 42, 636. 97 42, 636, 97 50)
2, 866. 11 2, 866. 11 2, 866. 14 2, 866. 14 03
3, 653. 24 3, 653, 24 4, 410. 00 4, 410, 00
756. 76
20, 798. 7I 965. 92 2�, 764. b3 21, 764, 10 21, 764, 10 53)
4, 644. 64 235. 14 4, 879. 78 4, 8�9. 61 4, 879. 61 17)
6, 366. 33 282. 94) 6, 083. 39 6, 055. 39 6, 055. 39 28, 00)
12, 145, 56 569. 32 12, 714. 88 12, 714. 88 12, 714. 88
16, 118. 34 445. 50 16, 563. 84 16, 563. 84 16, 563. 84
4, 825. 66 215. 44 5, 041. IO 5, 041. 08 5, 041. 08 02)
6, 908. 10 625. O1) 6, 283. 09 6, 283. O9 6, 283. 09
13,909.69 900.18 14,809.87 18,602.28 18,602.28 3,792.41
5, 165. 56 923. 75) 4, 241. 81 4, 241. 81 4, 241. 81
3, 370. 74 49. 15 3, 419. 89 3, 419. 89 3, 419. 89
9, 703. 63 724 34) 8, 979. 29 8. 979. 29 8, 979. 29
12, 397. 66 461. 03 12, 858. 69 12, 858. 69 12, 858, 69
32, 802, 78 32, 802. 78 33, 590. 00 33, 590. 00 787, 22
1, 725. 18 1, 725. 18 1, 725. 18 1, 725, 18
5, 181. 77 5, 181. 77 5, 181, 77 5, 181. 77
8, 000. 03 8, 000. 03 13, 786. 30 13, 786. 3Q 5, 786. 27 I
5. 073. 39 5, 073. 39 5, 820, 00 5, 820. 00 746. 61
4, 180. 44 4, 180. 44 4, 033. 26 4, 033. 26 147. 18)
4, 714. 12 4, 714. 12 5, 390, 00 5, 390. 00 675. 88
2,326.91 2,326.g1 1,280.00 1,280.00 1,046.91)
14, 613. 11 14, 613. 11 23, 334. 20 23, 334. 20 8, 721. 09
55, 118. 18 55, 118, 18 59, 498. 50 59, 498. 50 4, 380. 32
17, 887. 29 17, 887. 2� 17, 887. 20 17. 887. 20 09)
11, 032. 02 11, 032. 02 13, 720. 00 13, 720. 00 2, 687. 98
1, 426. 17 1, 426. 17 2, 940. 00 2, 940. 00 1, 513, 83
1, 482 52 1, 482 52 1, 482 54 1, 482 54 02
372 649 55 186, 631. 48 559, 281. 03 -0- 121, 402. 38 466, 502, 19 587, 904. 57 177. 92) 28, 801. 46
27, 074. 79 27, 074. 79 1, 092. 79)
25, 7g1. 91 25, 791. 91 11, 030. 09
23, 910. 31 23, 910. 31 1, 671. 69
MOEIV PENTTILA
Appropriations Note 2)
Appropriations
Project Total (Added) Final
Number Description A�propriations Cancelled Appropriation
Projects in Process as of 12 /31 /67), Cont'd
67-6 Street 3, 740. 00 3, 740. 00
67-10 Street 29, 690. 00 29, 690. 00
67-11 Curb and gutter 9, 971. 00 9. 971. 00
67-12 Street 1, 677. 00 1, 677. 00
67-13 Curb and gutter 1, 708. 00 1, 708. 00
67-14 Street 25, 370. 00 25, 370. 00
67-15 Curb and gutter 6, 876. 00 6, 876. 00
67-16 Sanitary sewer 6, 898. 00 6, 89g. 00
67-18 Street 5, 294. 00 5, 294. 00
67-19 Curb and gutter 30, 883. 25 30, 883. 25
67-25 Street 13, 804. 00 13, 804. 00
6?-27 Sanitary sewer 67, 140. 00 67, 140. 00
67-28 Storm sewer 28, 704. 00 28, 704. 00
67-29 Street 49, 767. 00 49, 767. 00
67-33 Street 12, 458. 00 12, 458. 00
67-36 Water main 54,253.00 54,253.00
67-37 Street 30, 960. 00 30, 960. 00
67-38 Storm sewer 23, 283. 00 23, 283. 00
67-40 Street 10, 392, 00 10, 392, 00
67-41 Storm sewer 6, 035. 00 6, U35. 00
67-43 Street 11, 800. 00 11, 800. 00
67-46 Street 12, 063. 00 12, 063. 00
67-48 5anitary sewer 11, 372. 00 11, 372, 00
67-49 Water main 10, 171. 00 10, 171. 00
67-50 Street 38, 808. 00 38, 808. 00
67-51 Curb and gutter 7, 925. 00 7, 925. 00
67-52 Storm sewer 14, 340. 00 14, 340. 00
68-3 Street 62, 557. 00 62, 557. 00
68-6 Water main 24, 362. 00 24, 362. 00
68-7 Street 22, 033. 00 22, 033. 00
68-10 5treet
68-16 Water main 26, 072. 00 26, 072. 00
68-17 Street 17, 528. 00 17, 528. 00
Total Projects Not
Assessed 766, 320. 25 766, 320.25
Total All Pro'ects 1 422 758. 49 97, 157.21 1, 325, 601.28
Exhibit 16
City of Brooklyn Center Cont'd
Special Assessment Funds
CONSTRUCTION EXPENDITURES COMPARED TO APPROPRIATIONS AND ASSESSMENT OF COSTS
Year 1967
Expenditures (Note 2) Unexpended Costs Assessed A,ssessed Compared to Cost
(Overexpended) Applied to
Balance During 'Iotal Appropriations State Aid Property (Under) Over Water Utility
Jan. 1, 1967 1967 Expenditures For Construction Share Share Total Assessed (Note 2) Cost (Note 2)
3, 388. 58 3, 388. 58 351.42
28, 255. 14 28, 255. 14 1, 434. 86
7, 967. 33 7, 967 33 2 003. 67
2, 259. 34 2, 259. 34 582. 34)
1, 387.27 1, 387.27 320. 73
25, 807. 49 25, 807. 49 437.49)
5, 952. 72 5, 952. 72 923. 28
6, 848. 9� 6, 848. 90 49. 10
4, 348. 40 4, 348. 40 945. 60
28, 179. 75 28, 179. 75 2, 703. 50
13, 049. 02 13, 049. 02 754. 98
65, 309. 75 65, 309. 75 1, 830.25
23, 341, 20 23, 341.20 5, 362. 80
47, 514. 99 47, 514. 99 2, 252. O1
8, 952. 19 8, 952. 19 3, 505. 81
48, 837. 45 48, 837. 45 5, 415. 55
13, 073. 60 13, 073. 60 17, 886. 40
22, 101. O1 22, 101.01 1, 181.9�
2, 965. 44 2, 965. 44 7, 426, 56
6,035.00
3, 442. 50 3, 442. 50 8, 357. 50
4, 003. 91 4, 003, 91 8, 059; 09
14, 068. 13 14, 068. 13 2, 696. 13)
9, 920. 42 9, 920.42 250. 58
56, 702. 33 56, 702. 33 17, 894. 33)
7, 250. 47 7, 250. 47 674. 53
16, 141. O1 16, 141. O1 1, 801.01)
2. 54 2. 54 62, 554.46
24, 362, 00
22 033. 00
1, 005. 18 1, 005. 18 1, 005. 18)
26, 072. 00
17, 528. 00
548, 853, 07 548, 853. 07 217, 467. 18
372, 649. 55 ?35, 484. 55 $1, 108, 134. 10 217, 467. 18
(To Exhibit 14)
(See notes to financial statements) This statement is an integral part of report dated May 29 1968
MOEN PENTTILA
Bond
Redemption
Year of Total Monies to
Fund De s c ription of I s sue I s sue I s sue Payin� Agent
Bond Fund 1 Storm Sewer #1 serial issue 1952 304, 000 240, 000
Sanitary Sewer #1 serial issue 1952 48, 000 38, 000
1953 B serial issue 1953 55, 000 54, 000
1955 A 1955 A serial issue 1955 497, 000 361, 000
1956 AC 1956 C serial issue 1956 550, 000 345, 000
1957 AL 1957 A serialissue 1957 430,000 430,000
1957 B serial issue 1957 350, 000 350, 000
1958 A 1958 A serial issue 1958 530, 000 255, 000
1958 B 1958 B serialissue 1958 390,000 180,000
1959 AB 1959 AB serial issue 1960 630, 000 245, 000
1960 AB 1960 A serial issue 1960 768, 000 328, 000
1960 B serialissue 1961 885,000 300,000
1961 AB 1961 A serial issue 1962 595, 000 175, 000
1961 B serial issue 1963 430, 000 110, 000
1963 Fund 1963 A serial issue 1964 636, 000 146, 000
1965 Fund 1965 A Improvement bonds 1966 345, 000 60, 000
$7, 443, 000 $3, 617, 000
I
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 17
City of Erooklyn Center
Special Assessment Funds
S?ATEMENT OF LONG-TERM DEBT (PRINCIPAL AMOUNT OUTSTANDING)
December 31, 1967
Balance Last
Unpaid Installment
12-31-67 Due on Coupon Rates on Outstandin� Bonds
64, 000 1-1-72 3. 50%
r 10,000 1-1-73 3.20
1, 000 1-1-69 3. 30
136, 000 1-1-76 3, 25
205,000 1-1-77 3.90
1-1-67 4.00
1-1-6? 4,50
275, 000 1-1-79 175 M@ 4. 00%; 75 M@ 3.90°�0; 25 M@ 3. 60�fo
210, 000 1-1- 79 90 M@ 3. 60%; 60 M@ 3. 50%; 60 M@ 3. 20°jo
385, 000 1-1-81 185 M@ 4. 50%; 200 M@ 4.25%
440, 000 1-1-81 90 M@ 4. 50%; 350 M@ 4,20%
585, 000 1-1-81 315 M@ 4.20%; 180 M@ 4. 10%; 90 M@ 4. 00%
420, 000 1-1-82 150 M@ 3. 75%; 120 M@3. ?0%; 120 M@3. 40%; 30 M@3. 00%
320, 000 1-1-84 100 M@ 3. 70%; 120 M@3. 60%; 80 M@3. 30%; 20 M@2. 80%.
490, 000 1-1-85 75 M@ 3. 60%; 80 M@3. 50°jo; 90 M@3.40%; 245 M@3.20%
285, 000 1�1-86 110 M@ 3. 80%; 175 M@ 3, 70%
$3, 826, 000
r
ASSET5
Current Assets
Cash on hand and in depositories 51, 883
Temporary investments 25 166
Miscellaneous receivables (net) 216
Due from other funds 66
Cash held by paying agent revenue
certificate account (Note 3) 14, 954
Merchandise inventory (valued at cost) 88, 317
Prepaid expenses 2, 467
Total Current Assets $183 069
Fixed Assets
Provision for
Depreciation Book
Cost Amortization Value
Fixture s and Equipment
Lyndale �venue Store $11, 420 $11, 307 113
Osseo Road Store 20, 588 14, 124 6, 464
Brookdale Store 10, 935 6, 336 4, 599
Leasehold Improvements
Brookdale Store (Note 4) 16, 779 16, 779
$59, 722 $48, 546
Total Book Value of Fixed Assets 11, 176
Total Assets 1 4 245 1
9
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 18
City of Brooklyn Center
Municipal Liquor Fund
BALANCE SHEET
December 31, 1967
LIABILITIES AND 5URPLUS
Current Liabilities
Accounts payable 25, 648
Accrued sales tax payable 3 698
Accrued Public Employees' Retirement Association contribution 2, 548
Accrued interest payable on revenue certificates 1, 954
Accrued insurance payable 128
Due to othe r fund s 11, 8 52
Certificates payable portion due within one year (see below) 13, 000
Total Current Liabilities 58� g28
Lon�-Term Liabilities
Revenue certificates payable (Exhibit 21) $73, 000
Less: Portion due within one year (as above) 13, 000 $60, 000
Contract payable (Note 3) 2, 700
62, 700
Total Lon�-Term Liabilities
Total Liabilities $121, 528
Surplus (Exhibit 19)
Restricted per terms of resolution authorizing
the issuance of revenue certificates (Note 3) $15, 550
Undistributed surplus 57, 167
Total Surplus 72 717
Total Liabilities and 5urplus $194,245
Exhibit 19
Citv of BrookTvn Center
Municipal Liquor Fund
ANALY5IS OF CHANGES IN 5URPLUS
Year 1967
Surplus, January l, 1967 53, 881
Add: Net income (Exhibit 20) 123, 836
Balance and Additions $177, 717
Deduct: Transfers to other Funds
General Fund 105, 000
Surplus, December 31, 1967 (To E�.ibit 18) 72, 717
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Sale s
Less: Cost of sales
Gross Mar�in on Sales
Operatin� Expenses Rec�uirin� Funds
Salaries and wages
Rent (Note 4)
Utilities and heat
Insurance
Public Employees' Retirement Fund
Suppli e s
Repairs and maintenance
Auditing
Protection service
Telephone
Laundry
Inventory variance and adjustments
Mileage
Provision for bad checks (net of recoveries)
Taxes and licenses
Miscellaneous
Breakage
Cash (over) and short
Total Operating Expenses Rec�uirin� Funds
Net Operatin� Income Before Depreciation and Amortization
Less: De reciation and amortization of leasehold im rovements
P P
Net Operatin� Income
Add: Interest on temporary investments and miscellaneous income
Deduct: Interest and paying agent charges on revenue certificates
Net Income (E�ibit 19)
(See notes to financial statements)
This statement is an integral part of report dated May 29 1968
Exhit�it 20
City of Brooklyn Center
Municipal Liquor Fund
STATEMENT OF INCOME AND EXPENSE
Year 1967
C ombined 1 #2 3
Total Lyndale Ave. Osseo Road Brookdale
All Stores Store Store 5tore
$979, 559 $242, 272 $442, 237 $295, 050
749,447 187,363 339,509 222,575
$230,112 54,909 $102,728 72,475
67, 820 18, 420 27, 605 21, 795
11,968 11,968
5,383 1,009 2,050 2,324
3, 336 848 1, 419 1, 069
4,044 1,338 1,449 1,257
2,165 633 832 700
2,121 656 1,123 342
1,099 350 370 379
?44 174 240 330
669 224 224 221
644 150 183 311
219 43 117 59
173 58 58 57
103 68 23 12
76 26 25 25
98 33 33 32
1 1
43 36) 55 24
$100,706 23 ,995 35,806 40,905
$129,406 30,914 66,922 31,570
4,096 48 2,017 2,031
$125,310 30 ,866 64,905 29,539
l, 653
3, 127)
$123,836
Interest Revenue Certificates Principal
Certificate Coupon Outstanding Retired Outstanding
Numbers Rate 1-1-67 1967 12-31-67
55-67 4.25 $13,000.00 $13,000.00 -0-
68-80 4. 25 13, 000. 00 13, 000. 00
81-95 4.25 15, 000. 00 15, 000. 00
96-110 4.25 15, 000. 00 15, 000. 00
111-125 4.25 15, 000. 00 15, 000. 00
126-140 4.25 15,000.00 15,000.00
$86, 000. 00 $13, 000. 00 $73, 000. 00
General Provisions of Issue
A. Obligations are payable solely from net operations of the Municipal
Liquor Stores and are in no way a general tax liability of the City.
B, All certificates share on a parity basis in total net revenue of all
store s
C. All certificates which mature after January 1, 1968 are subject to
redemption (call) in inverse numerical order on January 1, 1965
or any interest payment date thereafter upon payment as follows:
1. If redeemed prior to January 1, 1968, at par ($1, 000) plus
accrued interest, plus premium of $30. 00 on each
certificate redeemed.
2. If redeemed on or after January 1, 1968, at par plus accrued
interest.
D, Pursuant to terms of the resolution authorizing and directing issuance
of certificates, certain covenants require a restriction of surplus
available for transfer and the periodic setting aside of funds to
xneet principal and inte re st maturitie s.
(See notes to financial statements)
This statement is an integral part of report dated May 29 1968
Exhibit 2,1
City of Brooklyn Center
Municipal Liquor Fund
STATEMENT OF LONG-TERM DEBT
December 31 1967
Revenue Certificates Interest Coupons
Dates of Outstanding Retired Outstanding
Maturity 1-1-67 1967 12-31-6?
I 1-1-6? 1, 827. 50 1, 827. 50 '0'
7-1-67 1, 551.25 1, 551.25 -0-
1-1-68 1, 551.25 1, 551.25
?-1-68 1,275.00 1,275.00
1-1-69 1, 275, 00 1, 275. 00
7-1-69 956.25 956.25
1-1-70 956.25 956.25
7-1-?0 637.50 637.50
1-1-71 637.50 637.50
7-1-71 318.75 318.75
1-1-72 318.75 318.75
$11, 305. 00 3, 378. 75 7, 926.25
ASSET5 AND OTHER DEBIT5
Plant, Equipment and Construction Funds (Note 6)
Mains lines 8, 258, 578
Structures 400, 509
Equipment 278, 107
Meters 141, 473
Land 18,820
Construction work in progress -(financed through bond issue):
Water mains $598, 331
Freeway crossings 26, 806
Water tank site 4, 943
Total Construction in Progress (Note 5) 630, 080
Construction funds (unexpended bond proceeds):
Investments $455, 189
Cash in checking account 9, 539
Total Construction Funds (Note 5) 464, 728
Total Pla Equi prnent a n d Constr Funds $10, 192, 295
Invested and Special Funds
Investments $548, 760
Deferred assessments receivable 81, 557
Debt retirement funds (Note 5):
Cash with paying agent 43, 433
Cash in account 2, 188
Investments 135, 000
Accrued interest receivable 2,256 182,877
Total Invested and Special Funds 813, 194
Current and Accrued Assets
Cash in account 328
Accounts receivable 51, ?17
Accrued water revenue (pumped but not billed) 29, 817
Materials and supplies 7, 567
Prepayments 803
Due from other funds 875
As se s sments receivable 4, 749
Meter deposits due (transfers) 303
Total Current and Accrued Assets 96, 159
Z otal Assets and Other Debits $11, 101, 648
See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
i
i
Cit y of Brooklyn Center Ex�.iba.t 22
Public Utilitie s Fund
BALANCE SHEET
December 31, 1967
T'OTAL LIABILITIES AND OTI�ER CREDITS
Long-7 erm Debt
Revenue bonds payable see Exhibit 27) (Note 5) 92 5, U00
C��ntracts payable see Exhibit 27) 719,'L 13
Surplus and Reserves Invested in Fixed Assets
From special assessment projects and contractors $7 695 342
Debt redeemed 112, 568
Surplus accumulated for construction 94, 808
Plant and equipment charged to income 127, 429
Depreciation provisions represented as investment
in plant (Note 6) 517, 935
Total Surplus and Reserves Invested
In Fixed Assets 8, 548, 082
T'otal Invested in Plant,' Equipment and Construction Funds $lU, 192, 295
Reserves
Dep.reciation provisions represented as not
invested in plant (Note 6) 297, 742
Debt service reserves (Note 5) 139, 445
Customer meter deposits held 143, 981
Reserve funds held by paying agent for: (Note 5)
Revenue bond principal $2 5, 000
Revenue bond interest coupons 18, 356 43, 356
Total Reserve Balances 624, 524
Current and Accrued Liabilities
Vouchers payable 23, 974
Cantracts and notes payable 4, 356
Accrued payroll taxes (PERA) 3, 282
Due to other funds 418
Total Current and Accrued Liabilities 32, 030
Balance of Retained Earnin�s (see Exhibit 23) 252 799
T otal Liab ilitie s a Othe r C redit s $11, 101, 648
Exhibit 2 3
City of Brooklyn Center
Public Utilities Fund
STATEMENT OF OPERATIONS AND EARNED SURPLUS
Year 1967 e
Water Sewer
Department Department Total
Operatin� Income
Residential sales $151, 212 $113, 147 $264, 359
Commercial sales 47, 243 30, 005 77, 248
Other governmental unit sales 44, 120 44, 120
Service hookup charges 12, 031 12, 031
Penalties 513 5, 001 5, 514
Other (permits, service charges, etc. 1, 155 1, 690 2, 845
Gross Revenue $212, 154 $193, 963 $406, 117
Less Operatin� Revenue Deductions
Operating expense (Exhibits 24 25) 72, 965 83, 283 $156, 248
Depreciation (Exhibit 26) 58, 551 65, 356 123, 907
Total Operating Revenue Deductions $131, 516 $148, 639 $280, 155
Net Operatin� Income 80, 638 45, 324 $125, 962
Add; E�raneous Income
Interest income ori monies invested 31, 216
Deduct: Income Deductions
Interest on long-term debt 62, 263
Redemption of debt 50, 574
Total Income Deductions 112, 837)
1 f T f r to Retained Earnin s 44, 341
Net Income Availab e or rans e
Retained earnings January 1, 1967 208 176
Amounts restored to surplus from debt service reserves 282
Balance of Retained Earnin�s, December 31, 1967 (To Exhibit 22) $252 799
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Source of
5upply
Labor 4,518 a
Electricity 9 929
Purification supplies 6, 477
Materials 4, 309
Rent administration
Equipment operation 415
PERA retirement fund
Insurance
Supplies 709
Postage
Fuel heating 655
Consulting fees
Refunds customer
Printing 45
Fuel equipment
Schools conferences
Equipment rental 118
Small tools 210
Repai rs 72
Oth e r
Sub s c ripti on s
Refunds of penaltie s
Totals 27, 457
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exl�ibit 24
City of Brooklyn Center
Public Utilitie s Fund
WATER DEPARTMENT OPERATING EXPENSES
Year 1967
Classification By Function
Customer Department
ransmission Administration Accounting Total
6, 273 16, 902 6, 705 34, 398
9,929
6, 477
866 109 5,284
5, 016 5, 016
13 1,974 2,402
2,308 2,308
1,357 1,357
35 139 34 917
897 897
655
551 551
531 531
148 309 502
497 497
374 374
233 15 366
146 356
72
50 50
17 17
9 9
7, 420 30, 143 7, 945 72, 965
Disposal
Pumping
Shared cost joint facilities
Minneapolis 41, 717
Crystal 3, 672
Labor 3,763
Rent administration
Electricity 3, 758
Fquipment operation 77
PFRA retirement fund
M.aterials 980
Insurance
Postage
Consulting ,fees
Fuel equipment
Printing
Supplie s 2 6
Repairs stations mains 106
Fuel heating 225
Equipment rental 99
Alarm system 162
Small tools
Refunds
Othe r
Schools conferences
Sub s c riptions
Totals 54, 585
(See notes to financial statements)
his statement is an integral part of report dated May 29, 1968
i
Exhibit 25
City of Brooklyn Center
Public Utilitie s Fund
SEWER DEPARTMENT OPERATING EXPENSE5
Year 1967
Classification by Function
Customer Department
Transmission Administration Accounting Total
41, 717
3, 672
4, 026 8, 622 3, 878 20, 2$9
5,016 5,016
3, 758
1,971 2,048
1,361 1,361
218 1,198
761 761
634 634
551 551
497 4q7
40 254 294
121 98 34 279
173 279
225
103 202
162
146 146
104 104
50 5 55
18 18
17 1?
4,641 19,252 4,805 83,283
Assets
Balance Balance
1-1-67 Additions 12-31-67
Water Department
Mains and lines $2, 619, 505 165, 923 $2, 785, 428
Structures 395, 175 5, 334 400, 509
Consumer meters in use 128, 478 12 995 141, 473
Equipment 265, 758 2, 319 268, 077
Total Water Department $3, 408, 916 186, 571 $3, 595, 487
Sewer De artment
A
Mains and lines $5, 437, 369 35, 781 $5, 473, 150
Equipment 10, 030 10, 030
Total Sewer Department $5, 447 399 35, 781 $5, 483, 180
ter and Sewer De artments 8 856 315 222 352 078 667
Total Wa p $9,
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
I,
Exhibit 2 6
City of Brooklyn Center
Public Utilities Fund
SUMMARY STATEMENT OF PLANT AND PROPERTY
AND PROVISION FOR DEPRECIATION
December 31 1967
Provision for Depreciation
Balance Balance Depreciable
1-1-6? Additions Ded'ns 12-31-67 Life (Years)
152, 301 26, 195 178, 496 100
77,746 13,171 90,917 30
32,566 6,424 38,990 20
52, 854 12, 761 65, 615 5, 10, 20 25
315, 467 58, 551 374, 018
369,436 64,756 434,192 100, 45, 50
6, 866 600 7, 466 10
376, 302 65, 356 441, 658
691, 769 123, 907 815, 676
I
I
I
I
I
Revenue Bonds Payable
Principal Interest Year
Certificate Interest Outstanding Coupons Out- of
Numbers Rate 12-31-67 standin� 12-31-67 Maturity
11-15 3. 75% 25, 000. 00 36, 243. 75 1968
16-20 3. 75 25, 000. 00 35, 306.25 1969
21-25 3. 75 25, 000. 00 34, 368. 75 1970
26-31 3. 75 30, 000. 00 33, 337. 50 1971
32-37 3. 75 30, 000. 00 32, 212. 50 1972
38-43 3. 75 30, 000. 00 31, 087. 50 1973
44-49 3. 75 30, 000, 00 29, 962. 50 1974
50-55 3, 75 30, 000. 00 28, 837. 50 1975
56-61 3, 90 30, 000. 00 27, 690. 00 1976
62-68 3. 90 35, 000. 00 26, 422. 50 1977
69-75 3. 90 35, 000. 00 25, 057. 50 1978
76-82 3. 90 35, 000. 00 23, 692. 50 1979
83-89 3. 90 35, 000. 00 22, 327, 50 1980
90-96 3. 90 35, 000. 00 20, 962. 50 1981
97-104 3. 90 40, 000. 00 19, 500. 00 1982
105-112 3. 90 40, 000. 00 17, 940. 00 1983
113-120 3. 90 40, 000. 00 16, 380. 00 1984
121-128 3, g0 40, 000. 00 14, 820. 00 1985
129-137 3. 90 45, 000. 00 13, 162. 50 1986
138-146 3. 90 45, 000. 00 11, 407. 50 1987
147-155 3. 90 45, 000. 00 9, 652. 50 1988
156- lb4 3 90 45, 000. 00 7, 897. 50 1989
165-173 3. 90 45, 000. 00 6, 142 50 1990
174-182 3, 90 45, 000. 00 4, 387 50 1991
183-191 3. 90 45, 000. 00 2, 632, 50 1992
192-200 3. 90 45, 000. 00 877. 50 1993
1994
1995
$950,000.00 $532,308.?5
(See Exhibit 22)
t
Exhibit 2 7
City of Brooklyn Center
Public Utilities Fund
STATEMENT OF LONG-TERM DEBT
(BONDS PAYABLE CONTRACTS PAYABLE)
December 31 1967
Contract Payable Sanitary Sewer Facilities (Installments Payable Quarterly)
Principal Inte re st
Installment Interest Outstanding Included in
Numbe r Rate 12 31- 6 7 In stallment
t 10-13 3 1/2°jo on balance 15, 671. 74 24 968 26
14-17 3 1/2% on balance 16, 227, 49 24, 412, 51
18-21 3 1/2% on balance 16, 802, 95 23, 837. 05
22-25 3 1/2% on balance 17, 398. 82 23, 241, 18
2b-29 3 1/2% on balance 18, 015. 82 22, 624. 18
30-33 3 1/2°jo on balance 18, 654. 69 21, 985. 31
34-37 3 1/2% on balance 19, 316.24 21, 323. 76
38-41 3 1/2% on balance 20, 001.23 20, 638. 77
42-45 3 1/2% on balance 20, 710. 50 19, 929. 50
46-49 3 1/2°jo on balance 21, 444. 95 19, 195. 05
50-53 3 1/2°jo on balance 22, 205, 43 18, 434. 57
54-57 3 1/2% on balance 22, 992. 87 17, 647. 13
58-61 3 1/2% on balance 23, 808.25 16, 831. ?5
62-65 3 1/2% on balance 24, 652. 55 15, 987. 45
66-69 3 1/2% on balance 25, 526. 77 15, 113.23
70- 73 3 1/2% on balance 2 b, 432 00 14, 208. 00
74- 77 3 1/2% on balance 2 7, 369. 34 13, 2 70. 66
78-81 3 1/2°jo on balance 28, 339. 91 12, 300. 09
82-85 3 1/2% on balance 29, 344. 90 11, 295. 10
86-89 3 1/2% on balance 30, 3$5. 53 10, 254. 47
90-93 3 1/2°jo on balance 31, 463, 07 9, 176. 93
94-97 3 1/2% on balance 32, 578, 81 8, 061. 19
98-101 3 1/2% on balance 33, 734. 13 6, 905. 87
102-105 3 1/2% on balance 34, 930.41 5, 709. 59
106-109 3 1/2% on balance 36, 169. 11 4,470, 89
110-113 3 1/2% on balance 37, 451, 74 3, 188.26
114-117 3 l/2°jo on balance 38, 779, 86 1, 8b0. 14
118-120 3 1/2°jo on balance 28, 803, 92 495. 26
$719, 213. 03 $407, 366. 15
(5ee Exhibit 22)
General provisions of issue:
A. Obligations are payable solely from net operations of
the Public Utilities and are in no way a general tax
liability of the City.
B. All bonds which mature on January 1, 1982 or thereafter
are subject to redemption (call) on January 1, 1974, or
any interest payment date thereafter in inverse numerical
order, at par and accrued interest and premium as follows:
1, If redeemed prior to January l, 1977, premium of
3
2. If redeemed January 1, 1977, or thereafter prior to
January 1, 1981, premium of 1-1/2%.
3. If redeemed January 1, 1981, or thereafter, no
premium.
C, The resolution authorizing and directing the issuance of
these bonds contains certain covenants and restrictions
enacted for the general pur l�ose of protecting the bondholders.
Paragraph 8 of the resolution provides for the segregation
of assets and the restriction of surpluses for debt retirement
purposes and defines the manner in which the activities of
the Public Utilities Fund will be accounted for. Note 5 of
"Notes to Financial Statements" refers to various accounting
requirements in more detail and should be referred to.
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968,
Exhibit 2 7
Cont'd
City of Brooklyn Center
Public Utilities Fund
STATEMENT OF LONG-TERM DEBT
(BONDS PAYABLE CONTRACTS PAYABLE)
December 31, 1967
General provisions of contract:
A. On November 10 1966 the City entered into an agreement
with the City of Minneapolis relating to the use and joint
ownership of sewer facilities. Under the terms of this
contract the City of Brooklyn Center has acquired an equity
in existing facilities at a total cost of $884, 210.
B. The contract is payable in quarterly installments of $10, 160
which includes interest at 3 1/2% per annum.
i
i
A.SSETS
Cash on hand and in de ositories t
P
Temporary investments
Accrued revenue
Due from other funds
PERA contributions due from enterprise funds
Cash with County Treasurer's office
Taxes receivable:
Levied in 1966, collectible in 1967
Prior years' tax levies
Total Assets
LIABILITIES AND FUND BALANCES
Accounts payable
Due to other funds
Fund balances (See Exhibit 29)
Total Liabilities and Fund Balances
(See notes to financial statements)
This statement is an integral part of report dated May 29 1968
i
Exliikazt
City of Brooklyn Center
Trust and A�ency Funds
COMBINED BALANCE SHEET
December 31, 1967
A�ent For In T ru st�
Fix•e Public
Department Employee s Pc�.la.ce
Combined Relief Retirement Pen �ion
7 otal As sociation As sociation Fiind
473
182
23, 755 5, 693 1$, 062
30 30
6 6
5, 385 5, 385
387 21 366
1, 284 45 1, 239
968 282 686
$33,288 348 $13,557 $19,383
7, 714 7, 714
38 38
25, 536 310 5, 843 $19, 383
$33, 288 348 $I3, 557 $19, 383
Fund Balance January 1, 1967
Add: Revenue
Real estate and personal property taxes
Insurance premium rebate
PERA contributions from enterprise funds:
Liquor stores
Public Utility Fund
Employee contributions
Earnings on temporary investments
Balance and Additions
Deduct: Expenditures
Payments to principal of agency
Write off tax levy balances
Fund Balance December 31, 1967
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhibit 29
City of Brooklyn Center
Trust and A�ency Funds
COMBINED STATEMENT
OF REVENUE, EXPENDITURES AND FUND BALANCES
Year 1967
Fire Public
Department Employees Police
C ombined Relief Retirement Pen s ion
Total Association Association Fund
$12,013 370 $11,643 -0-
44, 437 1, 559 42, 878
6,988 6,988
4, 044 4, 044
3, 669 3, 669
19,291 19,29�
786 694 92
$91,228 8,917 $62,928 $19 ,383
57, 950) 8, 596) 49, 354)
i 28) 11) 17)
$33,25Q 310 $13,557 $19,383
Exhibit 30
City of Srooklyn Center
Investment Trust Fund
BALANCE SHEET
December 31 1967
ASSETS
Cash in depositories 171, 660
Accrued interest receivable 49, 839
Investm.ents:
Face Premium or Cost
Value (Discount) Basis
U. S. government securities 490, 000 69 490 069
Erooklyn Center securities 66 000 94 66 094
Certificates of deposit 160, 000 160, 000
Conatruction loan to 1966
Fund 1, 136, 700 1, 136, 700
Total Investments $1, 852, 700 163 1, 852, 863
Total Assets $2, 074, 362
LIABILITIES
Due contractors (Performance deposits) 4, 059
Un.claimed cash (Law enforcement activities) 17
Dtze participating funds:
Special Assessment Funds $.1, 250, 440
General Fund 190, 705
Poor Fund 7, 291
C e rtificate of Indebtedne s s Fund 3, 2 32
Public Employees Retirement Association Fund 5, 6q4
Park Board Redemption Fund 16, 117
Liquor F'und 25 166
Public Utilities Fund 548, 760
State Aid Construction Fund 16, 249
Bond Fund 4, 983
Bond Redemption Library 1 649
Total Due to Participatin� Funds (See Exhibit 32) 2, 070, 286
Total Liabilities $2, 074, 362
(5ee notes to fina�cial statements)
This statement is an integral part of report dated May 29, 1968.
i
Exhi.bit 3l.
City of Brooklyn Center
Investment Trust Fund
STATEMENT OF EARNINGS
Year 1967
Interest Income
tJnited State government securities $39, 461
Construction loans 30, 738
Certificates of deposit 12, 149
Brooklyn Center securities 3, 422
Total Interest Income $85, 770
Expenses
Bank service charge 5
Audit 498
Net Income Distributed to Participating Funds $85, 267
E� lanation
P
'T'he Investment T'rust Fund was established during 1956 to provide a uniform
and consistent means for investing temporary surpluses of cash. Net income of
the fund is distributed annually to each of the participating funds on the basis of
the average yearly investment maintained by each fund. The net income and the
effecti.ve rate of return on average investment by participating funds is shown
below by years.
Rate of Net
Year Return Income
1967 4.48% 85,267
1966 4.66 80,884
1965 3.80 61,913
1964 3.64 48,367
1963 3 18 45, 056
1962 3. 17 61, 129
1961 3.05 55 ,939
1960 3.62 57,908
1959 3.27 33,494
1958 2. 62 14, 835
1957 3.12 9,938
1956 2.77 1,832
7'otal Distributed Earnings Since Inception of the Fund $556, 562
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968.
Exhrb�� 32
City of Brooklyn Center
Inve stment T ru st Fund
CHANGES IN PARTICIPATING FUND BALANCES
Year 1967
Balance Net Fund Income of Balance
January 1, Additions 1967 December 31,
1967 (Withdrawals) Distributed 1967
Special Assessment Funds
Bond Fund No. 1 53, 244 6, 100) 2, 512 49, 656
1955 A 138, 544 13, 400) 6, 255 131 399
1956 AC 138, 610 1, 800) 6, 510 143, 320
1956 B 50 36 10 96
1957 AB 70, 017 22, 300) 3, 360 51, 077
1958 A 108, 162 5, 000 5, 144 118, 306
1958 B 186, 494 11, 100) 8, 460 183, 854
1959 AB 103, 752 53, 300 5, 714 162, 766
1960 AB 73, 418 40, 700 5, 274 119, 392
1961 AB 146, 879 19, 599 7, 665 174, 143
1963 A 72,115 14,400 3, 90 ,427
1965 A 50, 740 42, 940) 1, 982 9 ?82
1966 A 10 16,200 12 16,222
Total Special Assessment Funds $1, 142, 035 51, 595 56, 810 $1, 250, 440
General Fund 125, 261 59, 739 5, 705 1 0 705
9,
Poor Fund 7, 815 700) 176 7, 291
Certificate of Indebtedness Fund 2, 049 851 332 3,232
Public Em lo ees' Retirement
P Y
Association Fund 2, 276 2, 724 694 5, 694
Park Board Redemption Fund 14, 310 1 000 808 16 1
,1
Liquor Fund 36, 971 12, 471) 666 25,.166
Public Utilities Fund 406, 449 123, 000 19, 310 548, 760
State Aid Construction Fund -0- 16, 000 249 16, 249
Bond Fund 20, 115 15, 500) 368 4, 983
Bond Redemption Library 1, 407 93 149 1, 649
Total All Funds $1, 75 8, 688 $226, 331 85, 267 $2, 070, 286
__R.�.
(See notes to financial statements)
This statement is an integral part of report dated May 29, 1968,
Inve stments
Land and land improvements
Building Osseo Road and 63rd Avenue
Building 65th and Lyndale
Building Municipal Hall
Building Library
Building s Othe r
Park properties (includes buildings)
Northport
G randview
Willow Lane
B e llvue
Garden City
Happy Hollow
Kylawn
Evergreen
Orchard
South C reek
Wangstad
Palmer Lake Terrace
B rooklane
Lions Club Park
Undistributed costs
Equipment
Street and highway
Fire protection
Recreation
Civil defense
Police
Courts
General equipment
Furniture and fixtures
Storm sewer and street projects
Totals
Source of Investment
General indebtedness
I Ad valorem levies e
Liquor store revenues and certificates
Contributions received
Special assessment projects (storm sewers and streets)
Owners, contractors and City share
Hennepin County
Totals
(See notes to financial statements)
This statement ia an integral part of report dated May 29, 1968.
City of Brooklyn Center Exhibit 3�
SUMMARY 5TATEMENT OF GENERAL FIXED ASSET5
December 31 1967
January 1, Year 1967 Balance
196? Acquisitions Disposals Dec. 31, 1967
47, 982 7, 297 55, 279
101, 614 101, 614
85, 034 85, 034
57, 052 57, 052
246, 016 1, 978 247, 994
38,293 38,293
I 124, 82? 120 124, 947
91, 937 91, 937
77,224 77,224
77, 542 77, 542
39,299 39,299
34, 167 34, 167
67,012 1,312 68,324
60, 724 1, 695 62, 419
21, 069 155 21, 224
5, 655 5, 655
361 361
86,252 86,252
2,093 570 2,663
13, 742 13, 742
50, 520 77, 823 128, 343
230, 477 17, 661 248, 138
107, 670 14, 061 121, 731
31, 589 31, 589
18, 397 3, 070 21, 467
26, 537 8, 381 7, 289 27, 62g
127 127
80,295 23,871 104
46,448 4,720 875 50,293
4, 195, 154 368, 224 4, 563, 378
$6, 065, 109 $530, 938 8, 164 $6, 587, 883
827, 806 24, 190 851, 996
669, 172 135 993 8, 164 797, 001
304, 571 304, 571
68,406 68,406
4,017,974 370,755 4,388,729
177, 180 177, 180
$6, 065, 109 $530, 938 8, 164 $6, 587, 883
Exhibit 34
City of Brooklyn Center
SUMMARY STATEMENT
OF GENERAL LONG-TERM DEBT AND INTEREST
December 31 1967
Amount Available And to be Provided
Amount available in debt service funds (See Exhibit 12):
Park bond redemption fund 18, 403
I..ibrary bonds 2, 414
Certificate of indebtedness redemption fund 4, 856
5tate loan fund 3, 045
On deposit with paying agents 38, 928
Total Amount Available 67, 646
Amount to be pravided in future periods:
For interest $137, 910
For principal 633, 839
Total Amount to be Provided 77I, 749
Total Amount .Available And to be Provided $839, 395
General Debt And Interest to be Paid in Future Periods (Exhibit 35)
General debt (principal portion):
Park acquisition bonds $275, 000
Library bonds 180, 000
Certificates of indebtedness 94, 000
State loan certificates 2, 800
Assessments on City properties (Note 7) 140, 75?
Total General Debt (Principal Portion) $692:55?
Interest payable in future periods:
Bonds and certificates 146, 838
Total General Debt And Interest to be Paid in Future Periods $839, 395
(See notes to finaneial statements)
This statement is an integral part of report dated May 29, 1968.
Gen�ral Debt Princinal Portion
Payment Certificates State
Due Total Park Library of Loan Assessments
Durin� Principal Bonds Bonds Indebtedness Certificates General
1968 71, 901 20, 000 10, 000 28, 000 1, 400 3, 326
1969 63, 505 20, 000 10, 000 19, 600 1, 400 3, 330
1970 66, 100 20, 000 10, 000 19, 600 7, 325
1971 66, 465 20, 000 10, 000 18, 800 7, 326
1972 59, 519 20, 000 10, 000 8, 000 7, 326
1973 46, 674 20, 000 10, 000 7, 326
1974 40, 000 20, 000 10, 000 7, 326
1975 47, ?83 20, 000 10, 000 7, 323
1976 44,875 20,000 10 000 3 520
1977 30,125 20,000 10,000 25
1978 30, 107 20, 000 10, 000 25
1979 30, 107 20, 000 10 000 25
1980 30, 081 20, 000 10, 000 25
1981 25, 065 15, 000 10, 000 25
1982 10, 065 10, 000 25
1983 10, 065 10, 000 25
1984 10,040 10,000
1985 10, 040 10, 000
1986 40
Totals $692, 55? $275, 000 $180, 000 94, 000 2, 800 54, 3
(See notes to financial statementa)
This statement is an integral part of report dated May 29, 1968.
City of Brooklyn Center Exhibit 35
SCHEDULE OF
GENERAL LONG-TERM DEBT AND INTEREST BY MATURITIES
December 31, 1967
Inte re st Payable
Certificates 5tate
Payable Total Park Library of Loan
Parks Interest Bonds Bonds Indebtedness Certificates
9, 175 20, 327 10, 730 6, 565 2, 962 70
9, 175 18, 556 9, 974 6, 195 2, 352 35
9, 175 16, 578 9, 194 5, 825 1, 559
10, 339 14, 636 8, 396 5, 455 785
14,193 12,844 7,599 5,085 160
9, 348 11, 511 6, 796 4, 715
2, 674 10, 334 5 989 4, 345
10, 460 9, 150 5, 175 3, 975
11, 355 960 4, 355 3, 605
100 6, 765 3, 535 3,230
82 5,565 2,715 2,850
82 4,365 1,895 2,470
56 3, 165 1, 075 2, 090
40 2, 042 332 1, 710
40 1,330 1,330
40 950 �50
40 570 570
40 190 190
40
86, 454 $146, 838 77, 760 61, 155 7, 818 105
City of Brooklyn Center
NOTES TO FINANCIAL 5TATEMENTS
Year 1967
Note 1: The "Combined Balance Sheet All Funds and Groups
(Condensed Form) Exhibit 1" is presented as an information
statement only. The reader is cautioned that the figures as
shown under the "Combined Total" column are a combining of
unlike purpose groups (funds) and cannot be construed as indica-
tive of the over-all financial position of the City. The financial
position and the results of operations of each fund should be
ascertained by reference to the individual exhibits as submitted
for that fund within this report.
Note 2: Special Assessment Funds
These funds are used to account for the construction and
financing of public improvements such as streets, curbs, storm
sewers, sanitary sewers and the water system. The accounting
is arranged so that the related activities of project construction,
financing of construction and the assessment of costs to property
owners are recorded within the same fund entity and budgetary
accounts are employed to provide a means of control over ex-
penditures incurred for construction.
During 1967 appropriations and related appropriation
expenditures for certain projects which were not complete were
transferred from the 1966 Fund to the 1968 Fund. The financin�
for these projects (issuance of bonds) is arranged through the
1968 Fund and the transfer was necessary so that all the activities
of construction, financing and assessment are related together
within the same accounting entity.
Costs are assessed to property owners by the special
assessments division,under the supervision of the engineering and
public works department, after total project expenditures are
verified with the finance department.
The nominal differences on street and sewer projects between
assessed and actual costs which are caused when costs are spread
over many properties are guaranteed by the City. ($177. 92 for the
Year 1967 See Exhibit 16.
Cit of Brookl Center
Y Yn
NOTES TO FINANCIAL 5TATEMENTS
Year 1967
Nc>tr� 2� 5pecial Assessment Funds
((;�>�,i.'r�) Water service is assessed to all properties at a uniforna
ra1 ThiS x•ate is based on engineering cost studies and det.e T'1I11C1f;CI
by dividin� t.he estimated total cost of a complete system (inclu�i.i�o�%
trunk mains, lateral mains, wells and elevated storage tanks) by
t.hc� estimated ultimate residential lots or equivalents to be servc��l
hy the utility,
Since the inception of the water system costs inci�rred for
rri�lins, wells and tanks have been partially financed by speci.al
assessment funds to L extent of $3, 127, 868. The cost of projects
not immediately assessable (deferred until residential lots or
equivalents are connected to the system) and project costs involving
general assets (tanks and wells) not resulting in hook ups to the
system havF bee�.n �iza.ranteed by the City within the S�a�•��i�x1 assess-
xnent fund originally financing such a project. The exc��:ss of
a5sessments (detc:rmined by applying uniform rate c�i' :�'>���0, 00 ��Fr
residential lot or equivalent) over the cost of the lateral main u�hi<.�h
occasioned the assessment and hook up to service has been transf�rred
to reduce the amount of cost original.ly guaranteed by the Gity. 'L'he
Decernber 31, 1967 balance of this Gity guarantee is $253� 719 (5e�e
Fxhibit 14) and the net amount transferred to reduce this guarantee
diAring 19F�7 totalled $28, 801.46 (5ee Exhibit 16). A review c�f p<�;asible
future haok�ps indicates that sufficient potential exists to cc�ver the�
City guarantee of $253� 719 and at present there is no intent�Un ��r
apparent need to provide for taxation or the assignment of �itil.il y
revenue to meet this obligation.
Note 3: Municipal Liquor Fund
The resolution authorizing the issuance of revenue certit.icates
�I cantains restrictive covenants which were enacted for the benefit
and protection of certificate holders.
Paragraph 5c provides that at least quarterly the fo1l.oWin� ye��.r's
principal and interest requirements be segregated and set asidc� in.
c:,ash for.the benefit of certificate holders. As of December 31 ,]�3E,7,
cash in the amount of $14, 954 (representing $14, 572 for interest and
principal falling due on January 1, 1968, and $382 for matured interest
coupons of prior periods) is on hand with the paying agent.
City of Brooklyn Center
NOTES TO FINANCIAL STATEMENTS
Year 1967
Note 3: Municipal Liquor Fund
(Cont'd) Paragraph 5d requires a restriction on the availability of
surplus for transfer which is equal to the next ensuing year's
principal and interest requirements. As of December 31 1967
restricted surplus totalled $15, 550. ($13, 000 principal due
January 1, 1969 and interest for the year 1968 in the amount of $2, 550).
Note 4: Municipal Liquor Fund
The Lyndale Avenue store (Store #1) and the Osseo road
store (Store #2) are located on City owned properties. Store #3
is located in the Brookdale Shopping Center and the premises
are occupied pursuant to terms of a lease which expires January 31,
1972. The rental for the store and warehouse facilities is fixed
at $875 per month. The rental for parking and mall facilities is
based upon a proportionate share of the maintenance and upkeep
expenditures made by the landlord and is adjustable yearly.
Note 5: Public Utilities Fund
Public Utilitie s revenue bonds we re i s sued during 1963 fo r
the purpose of financing an addition to the water works system.
These bonds, together with related interest and service charges
are payable solely from the Public Utilities Fund and are not
considexed a general obligation of the City. The resolution authorizing
and directing the issuance of these bonds defines the method of
accounting for the utilities fund and imposes certain covenants and
restrictions which serve the purpose of protecting creditors' interests.
As required by Paragraph l0e of the issuing resolution, an
analysis of each account balance appears below:
Construction Account
Proceeds of bond sales 1 000, 000
Earnings provided by temporary
investment of construction monies 94, 808
Construction expenditures paid 630, 080)
Account Balance (See Exhibit 22) 464, 728
t
City of Brooklyn Center
NOTES TO FINANCIAL STATEMENTS
Year 1967
Not c� 5: Pizblic Utilitie s Fund
((:;<�nt'd) Revenue Bond Account
Cash on hand with paying agent to
meet rriatured coupons and principal and
coupons maturing 1-1- 68 43 ,�E:3 3
Accumulated amounts set aside to
meet 1968 requirements for
interest and principal
Cash in bank 2, 188
Investments and accrued interest 62,256 64,449
Account Balance 1U7, 87'l
Reserve Account
Face value of government securities 75, 000
A summary which reconciles restricted assets wi(.h
r��stricted surplus and also compares restricted surpli�s
with restriction requirements as set forth by the resolution
authorizing the sale of revenue bonds is pre sented below:
Revenue
Construction Bond Re�serve
Account Account 11c:.count
11.sssts restricted 12-31-67 {see above) $464, 728 $108, 87 '15, 000
I,ess:
1. Liabilities payable from
restricted funds 43, 356)
2. Monie s de rived f rom
borrowing (bond issues) 369 920)
Restri�ted Assets for Debt Service
12-31 94, 808 65, 521 75, OOQ
Required per Resolution 94, 808 64, 445 �i '7S, OU(.1
City of Brooklyn Center
NOTES TO FINANCIAL STATEMENTS
Year 1967
Note 6: Public Utilities Fund
The accounting system employed by the Public Utilities Fund
is adapted from a system specifically designed for municipally-
owned utilities by the American Water Works Association. The
investment in plant and equipment is of primary importance to
utility operations and because this is so, the accounting method in
use emphasizes a source and application of monies concept in
accounting for plant and equipment costs. Accordingly, fixed assets
are shown at total cost on the left hand side of the balance sheet
and depreciation provisions are shown on the right. Annual
depreciation charges to income (which are non-cash expenses) have
the effect of conserving monies or other current type assets within r
the entity because they reduce the balance of retained earnings
available for purposes of rate reduction or transfer. A portion of the
monies so conserved (or reserves accumulated) has been reinvested
in plant facilities and accordingly these "depreciation provisions" are
segregated as to the portion of reserves which have been reinvested
in plant ($517, 935) and those amounts held in reserve ($297, 742). This
presentatian of assets at gross cost and the reflection of accumulated
depreciation as a reserve on the right hand side of the balance sheet
is peculiar to utility accounting and at odds with normal commercial
concepts which usually reflect accumulated depreciation as a reduction
against the asset cost so as to show the net remaining cost of plant
and equipment not yet amortized to expense.
Because the investment in plant and equipment is of such
paramount importance, the balance sheet presentation used, with
an informative emphasis on source and application of monies for
plant investment, is considered the most appropriate. However, if
the presentation employed usual commercial concepts, the Total
Plant, Equipment anct Construction Funds ($10, 192,295) would be
reflected net of depreciation provisions at a total of $9, 376, 618.
Note 7: Summary Statement of General Lon�-Term Debt and Interest
Special assessments which relate to improvements benefiting
City-owned properties total $140, 757 as of December 31, 1967.
The payment for these improvements (with no interest charge) has
been scheduled over a period extending through 1976. These assess-
ments are obligations of the general fund and payment is planned under
normal budget procedures, whereby the needed monies will be appro-
priated during the years as each installment becomes due.
City of Brooklyn Center
I NOTES TO FINANCIAL STATEMENT5
Year 1967
Note 8: Richard Schieffer, the City Attorney, has advised us that as
of May 29, 1968, there were no contingent liabilities or pending
lawsuits in which the City was involved which would be material
to the financial representations contained on the financial statements.
Also, the City has filed suit which requests a review and reversal
of an order by the State Tax Commissioner cancelling the taxes on
certain properties sold by the University of Minnesota to a commercial
concern. If the Commissioner's order is sustained there will be a
resultant loss of revenue to the City of $13, 954 for the Year 1967
The matter is currently in litigation and pending a decision. The
firm of attorneys handling this issue for the City was contacted and
it appears presently that there is no basis for reducing revenue
accruals by the amount as proposed by the Commissioner's order.
I �i
i
STATISTICAL
INFORMATION
SECTION
i
i
195$
Population 17, 154 (E) r
Real Property
Assessed Value:
Homestead 3, 427 698
Excess and Non-Homestead 1, 504, 890
Total Assessed Value 4, 932, 588
Estimated Value:
Full and True $17, 473, 017
Market $52, 948, 536
Personal Pronerty
Assessed Value 723, 544
Estimated Value:
Full and True 3, 478, O60
Market:
Household 2,287,200
Commercial and Other 5, 225, 346
Total Marke t 7, 512, 546
Total Real and Personal Pronerty
Assessed Value 5 656 132
Estimated Full and True Value $20, 951, 077
Estimated Market Value $60, 461, 082
Ratio of Total Assessed Value to Total
Full and True Value 2b997 :1
Market Value .09355:1
Pe r C apita V aluation s
Assessed Value 329.73
Full and T rue V alue 1, 221. 3 5
Market Value 3, 524. 61
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School District
Year #286 #279 #281 #11
Collectible City (Earle Brown) (Osseo) (Robbinsdale)(Anoka) County
I 1) 2 (3) (4)
Tax Rates Mills Per $1.00 of Assessed ValuF
1950 21.50 86.88 83.78 76.80 72.38 28.52
1951 30.60 102.50 77.60 79.00 68.50 25.33
1952 46.85 127.00 103.70 87.80 81.80 31.01
1953 34.20 88.80 61.00 70.00 50.00 29.89
1954 40.30 163.80 76.70 75.40 87.56 29.66
1955 43.40 172.40 111.70 81.80 81.84 29.57
1956 42, 70 175. 50 120. 80 95.40 85. 80 33. 70
1957 44.00 106.60 119.90 108.64 96.55 31.87
1958 46.47 126.91 119.51 108.64 90.15 38.13
1959 52. 05 130. 94 146. 66 115. 18 104. 95 39, 32
1960 51.00 167.56 157.64 120.10 114.70 40.14
1961 48.26 189.64 163.00 139.20 123.53 41.46
1962 48.54 211.59 179.99 158.69 134.00 45.40
1963 50.12 219.00 184.62 154.72 131.09 47.23
1964 50.68 225.60 189.62 150.08 134.85 52.51
1965 49.80 215.26 1g�.50 154.72 144.77 59.69
1q66 51.62 227.22 199.98 155.00 153.23 55.66
1967 51.62 227.90 203.00 158.76 160.00 53.30
Tax Levies on Property Within Brooklyn Center
Year
Collectible #286 #279 #281 #11
1950 32, 374 6, 212 11, 763 3, 348
1951 42,121 6,491 13,696 3,291
1952 63, 785 9, 603 17, 463 4, 613
1 53 81 574 10 410 25 352 5 557
9
1954 176,165 14,335 31,718 11,203
1955 226, 198 27,256 39,251 12, 538
1956 290 O11 36 956 68, 649 15, 171
2 2 3 6 24 5
195? 3 666 76 91 170 9 47
9
1958 303,466 134,960 202,292 24,29g
1959 327,63g 237,021 228,907 30,387
1960 427, 311 465, 174 248, 382 42,'L 11
1961 497,907 665,299 320,697 43 ,880
1962 551, 349 771, 611 367, 691 59, 153
1963 587,665 830,918 524,099 76,198
1964 622, 578 883, 842 526, 189 100, 102
1965 668,961 976,585 614,756 140,923
1966 728, 353 1, 003, 287 623, 412 171, 926
1967 836, 669 1, 142, 570 790, 174 210, 428
(1)=Formerly #118 (2)=Formerly #28 (3)=Formerly #24 (4)=Formerly #29, #22�
#43 I
I
i
City of Brooklyn Center Schedule IT
TAX RATES AND TAX LEVIES
Years 1950 Throu�h 1967
Total City, 5chool, County and State N. H. S,
State Dist. #286 Dist. #279 Dist. #281 Dist. #11
N. H. S. H. S. (Earle Brown) (Osseo) (Robbinsdale) (Anoka)
8.69 4.11 145.59 142.49 135.51 131.09
8.52 4.12 166.95 142.05 143.45 132.95
7.72 4.93 212.58 189.28 173.38 167.38
6.84 4.58 159.73 131.93 140.93 120.93
9.54 5.28 243.30 156.20 154.90 167.06
9.15 3.93 254.52 193.82 163.92 163.96
9.15 3.98 261.05 206.35 180.95 171.35
9. 15 3. 81 Iql. 62 204, 92 193. 66 181. 57
12. 62 6. O1 224. 13 216. 73 205. 86 187, 37
12.42 5.90 234.73 250.45 218.97 208.74
14.32 8.10 273.02 263.10 225.56 220.16
13.85 6.84 293.21 266.57 242.77 227.10
15, 51 6, 39 321. 04 289.44 268. 14 243. 45
16.85 8.31 333.20 298.82 268.92 245.29
17.14 8.22 345.93 309.95 270.41 255.18
16. 14 6. 84 340. 89 321. 13 280. 35 270, 40
18.42 18.32 352.92 325.68 280.70 278.93
17. 24 17. 14 349. 89 324. 99 280. ?5 281 99
Total Total City, Schools, County
Schaols County City State and State
53 697 25 421 13,893 3 ,993 97 ,004
65, 599 26, 059 21, 909 4, 281 117, 848
95, 464 38, 802 39, 829 5, 073 179, 168
122, 893 66, 412 53, 678 8, 433 2 51, 416
233, 421 82 946 74, 169 12, 7b5 403, 301
305,243 104,114 95,808 12,651 517,816
410, 787 136, 728 122, 573 16, 578 686, 666
511, 521 214, 395 207, 532 27, 859 961, 307
665, 016 309, 786 262, 840 48, 723 1, 286, 365
823, 954 252, 434 333, 000 54, 601 1, 463, 989
1, 183, 078 479, 907 404, 905 84, 515 2, 152, 405
1, 527, 783 451, 594 452, 289 91, 090 2, 522, 756
1,749,804 440,294 470,746 98,108 2,758,952
2,018,880 528,874 561,236 139,015 3,248,005
2, 132, 711 615, 335 593, 890 147, 785 3, 489, 721
2,401,225 779,230 650,137 153,954 3,984,546
2, 526, 978 744, 231 690, 212 245, 668 4, 207, 089
2, 979, 841 828, 401 804,.858 268, 168 4, 881, 268
Schedule tII
City of Brooklyn Center
NOTES TO TAX RATES AND TAX LEVIES
Years 1950 Throu�h 1967
Tax Limitation by Statute:
$54.00 per capita exclusive of taxes levied for local improvemer�ts
(as amended)
Det�t Service not included in above limitation
Taxes Due Date:
First Monday in January
Taxes Delinquent Date:
Personal Property March 1- amounts over $10.00 first half March l,
s e c ond half July 1
Real Estate first half May 31, second half October 31
No discount allowed
Penalties for Delinquency:
Personal Property 8%
Real Estate June 3 July 4%, August 5%, September 6 October 7%,
November and December 8%, after first Monday in January 10%
Tax sale date second Monday in May
Taxes are collected by the County Treasurer of Hennepin County
Tax collections are distributed in the proportion of the City levy to all levies
Collections Percentage Collections
of Current of Levy of Prior
Total Year's Taxes Collected Year's Taxes
Year Tax During Fiscal During Fiscal During Fiscal
Collected Levy Period Period Period
1961 $443, 753 $439, 672 99. �8 3� 879
1962 463, 483 457, O10 98. 60 3, 848
1963 555, 178 545, 75? 98. 30 4, 712
1964 587 636 573 684 97. b2 8, 082
1965 643, 014 624, 056 97. 05 8, 186
1966 683, 060 674, 192 98. 70 13, 069
1967 799, 792 776, 663 97. 11 7, 710
Note: The City's taxes are the only ones included in this table.
Schedule IV
City of Brooklyn Center
TAX LEVIES AND TAX COLLECTIONS
Years 1961 Throu�h 1967
Ratio of
Ac cumulate d
Ratio Delinquent
of Total Accumulated Taxes to
Total Collections Delinquent Current Year
Collections to Tax Levy Taxes Tax Levy
$443, 551 9995 1 8, 033 01810: 1
460, 858 9943:1 10, 042 02167:1
550, 469 9915: 1 14, 446 02602: 1
581,766 .9900:1 19,926 .03391:1
632, 242 9832: 1 28, 985 04508:1
687, 261 1. 0062:1 23 619 03458: 1
784, 373 9807: 1 38, 737 04843: 1
Current Special
Assessments Amount Ratio of
Installments Becoming Collected Current
Fiscal Due During Currently During Collections to
Period the Fiscal Period the Fiscal Period Amount Due
1961 383,274 353,380 .9220:1
1962 418, ?06 383, 202 9152:1
1963 460,329 418,657 .9095
1964 449,253 383,848 .8544:1
1965 444, 993 393, 593 8845: 1
1966 429,759 394,942 .9190:1
1967 490,397 458,324 .9346:1
Schedule V
City of Brooklyn Center
5PECIAL AS5ESSMENT COLLECTIONS
Years 1 61 Th o h 1 6
9 r u� 7
Total Current and
Delinquent Percentage Balance
Assessments Uncollected Collected Uncollected
At Year End Throu�h 12 /31 /67 As of 12 /31 /67
45, 796 99. 1810% 3, 136
51, 692 97 5410 10, 295
73,472 96.0680 18,097
119, 525 93. 1010 30, 993
136,775 92.1810 34,793
135, 667 91. 8980 34, 817
128,705 93.4590 32,073
With State Department of Lands 18, 892
i
Penaltie s and
Interest Licenses Fines
Fiscal From and and
Period Property Taxes Permits Forfeitures
1961 3,266 59,904 20,426
1962 3,178 38,809 27,974
1963 4, 647 32, 308 24, 813 r
1964 3,168 31,026 24,215
1965 6, 489 48, 757 22, 724
1966 8, 973 50, 489 22, 126
1967 12,297 55,005 20,416
i
i
Schedule VI
City of Brooklyn Center
REVENUES OTHER THAN PROPERTY TAXES
AND SPECIAL AS5E5SMENTS
Years 196Z Through 1967
Revenue from Charges for Revenue in ]�xcess
Use of Current of ExpenditureG
Shared Money and Services and other Public i�iquor
Taxe s P rope rty Revenue Utilitie s Sto re s
85, 623 12, 327 89, 880 21, 706 70, 652
q2,197 16,084 71,438 5,861 �?.,101
102,689 28,451 88,573 50,460 89,058
101. 578 20, 671 217, 644 83, 793 99 565
122.,588 29,954 129,819 55,024 106,541
1 5f,, 53b 24, 540 249, 364 109, 256 ].14, 227
2�2,615 40,025 118,511 125,962 125,310
i
i
i
Schedule VII
City of Brooklyn Center
EXPENDITURES FOR SELECTED FUNCTIONS
Years 1961 Throu�h 196?
Public Pa rk s
Fiscal General Safety and and
Period Government Welfare Hi�hways Recreation
1961 $150,912 $153,189 $200,075 $103,082
1962 152,644 188,179 231,871 111,144
1963 173, 736 194, 900 229, 569 125, 352
1964 169,019 230,102 2g3,301 175,049
1965 194,888 258,719 291,306 167,042
1966 218,335 290,232 306,616 310,219
1967 217,138 338,187 326,357 235,834
i
Gross
Fiscal Estimated Assessed Bonded
Period Po ulation Value Debt
p
1961 25 ,843 9,371,923 5,354,200
1962 26, a5a 9, 698, 114 5, 2].7, 400
1963 28, 203 11, 197, 840 5, 396, 100
1964 29, 024 11, 718, 430 5, 607, 800
1g65 30 108 13 054 621 5 188 500
19bb 31, 500 13, 371, 017 5, 263,?.��
1967 33, 000 15, 591, 970 4, 784, 8U(.�
Schedule VIII
City of Brooklyn Center
RATIO OF NET BONDED DEBT TO ASSE5SED VALUE
AND NET BONDED DEBT PER CAPITA
Years 1961 Throu�h 1967
Less; Amount Ratio of Net Bonded Debt to Net Bonded
in Debt Net Bonded Assessed Debt Per
Se rvic e Fund s Debt V alue s C apita
1, 979, 808 3, 374, 392 3600: 1 130. 57
2, 097,219 3, 120, 181 3217:1 116. 17
920, 472 4, 475, 628 3996:1 158. 69
1, 031, 779 4, 576, 021 3904: I 157. 66
1, 591 659 3, 596, 841 2755:1 119. 46
1, 499, 096 3, 764, 104 2815:1 119. 49
1, ?73, 834 3, 010 966 1931:1 91.24
Schedu�e IX
Cit y of Brooklyn Center
STATEMENT OF LEGAL DEBT MARGIN
December 31, 196?
Assessed value $15, 5y1, 970
Debt limit 20% of assessed value 3, 118, 394
T'otal bonded debt 5 807 800
Deductions:
1. Debt Service Funds
(General Obligation) 27, 187
2. Special Assesament Bonds 4, 233, 000
3. Liquor store revenue
certificates 73, 000
4. Utility revenue bonds 950, 000 5, 283, 187
Total Debt Applicable to Debt Limit 524, 613
Legal Debt Mar�in, December 31, 1967 2, 593, ?81
Schedule X
City of Brooklyn Center
COMPUTATION OF DIRECT AND OVERLAPPING DEBT
December 31, 1967
City of Brooklyn Center
Share
Net Debt
Governmental Unit Outstanding (1) Per Cent(2) Amount
City of Brooklyn Center 3, 010, 966 100. 00% 3, 010, 966
Hennepin County 8, 000, 000 2.26 180, 800
Hennepin County Park District 7, 200, 000 4. 92 354, 240
I. S. D. No. 281 25, 397, 943 10. 65 2, ?04, 881
I. S. D. No. 11 26, 830, 000 5. 22 1, 400, 526
I. S. D. No. 279 15, 318, 351 36. 75 5, 629, 494
I. S. D. No. 286 3, 134, 000 100. 00 3, 134, 000
Total Direct and Overlappin� Debt (Net of Sinkin� Funds) $16, 414, 907
I
(1) Gross outstanding general bonded debt less amounts in debt service funds
(2) Ratio of assessed valuation of property subject to taxation in overlapping
unit to value of property subject to taxation in the City of Brooklyn
Center
Year Principal Inte re st
1961 45,300 18,025
1962 39 300 16 403
1963 33,000 14,800
1964 33,300 13,855
1965 33 300 14 77
,9
1966 50,800 24,213
1967 59,400 22,280
Schedule XI
City of Brooklyn Center
RATIO OF ANNUAL DEBT 5ERVICE EXPENDITURES FOR GENERAL
BONDED DEBT TO TOTAL GENERAL EXPENDITURES
Last Seven Years
Total Total Ratio of Deb
t
Debt General Service to General
Service Expenditures Expenditures
63, 325 728, 149 8. 70%
55 703 2 2
710, 1 7. 84
47, 800 772, 978 6. 18
47, 155 882, 557 5. 34
2
48, 77 942, 720 5. 12
75, 013 1, 335, 428 5. 62
82, 680 1, 185, 075 6, g9
Net
Gross 1) Revenue
Year Revenue Expenses Available
1961 $128 ,428 52,873 75,555
1962 161, 592 71, 841 89, 751
1 63 490, 524 242, 525 247 999
9
1964 638,094 239,356 398,738
1965 586, 979 291, 643 295, 336
1 66 753 82 26 371 484 458
9 9 9,
1967 669, �98 282, 528 386, 570
r
(1) Excludes depreciation and interest on bonds
5chedule XII
City of Brooklyn Center
SCHEDULE OF REVENUE BOND COVERAGE
Last 5even Years
i Ratio of Net
Debt Service Revenue to
Principal Interest Total Debt Service
r 12, 000 8, 749 20, 749 3. 6 to 1
5, 000 5, 448 10, 448 8. 6 to 1
13 000 2 2 2 7 2 to 1
1, 57 34, 57
13, 000 43, 316 56, 316 7. 1 to 1
i 38, 000 42, 796 80, 796 3. 7 to 1
38, 000 41, 305 79, 305 6. 1 to 1
i
38, 000 39, 816 77, 816 5, to 1
I
i�
,I
5chedule XIII
City of Brooklyn Center
MISCELLANEOUS 5TATISTICAL FACTS
December 31, 196?
Date of Incorporation February 14, 1911
Date of Adoption of City Charter November 8, 1966
Effective Decembsr 8, 1966
Form of Government Council Mana er
g
Fiscal Year Begins January 1
Area of City 8 1/2 square miles
Miles of Streets:
City 95.07
C ounty and State 12 8 5
Federal 5.08
Miles of 5torm Sewers 31
Number of Street Lights 700
Building Permits:
Number of Permits Issued:
1967 493
1966 430
19b5 465
1950 1964 inclusive 9, 452
Estixnated Cost:
1967 7,922,813
1966 7,261,065
1965 12,046,272
1950 1964 inclusive 94, 362, 208
I Fire Pxotection:
Number of Stations 2
Number of Volunteer Firemen 40
Police Protection:
Number of Stations 1
Number of Employees 30
Vehicle Patrol Units 6
Schec�u le XIII
Cont'd
City of Brooklyn Center
MISCELLANEOUS 5TATISTICAL FACT5
December 31, 1967
Parks and Recreation:
150 acres developed for regular use. 218 additional acres of City-
owned land designated for parks and playgrounds to be developed.
Full-time employees 12
Part-time employees 40 (seasonal)
5upervised playgrounds 13
Park shelters 13
Ice skating rinks 13
Hockey rinks 4
Softball diamond s 18
Baseball diamonds 4
Wading pools 2
Tennis courts 4
Basketball courts 4
Annual attendance (1967) at all organized activities (registered) 12 969
Education:
Public Schools:
School Districts within Brooklyn Center (4)
No. 11 No. 286 No. 281 No. 279
(Anoka) (Earle Brown) (Robbinsdale) (Osseo)
Total school buildings 24 2 25 13
School buildings within
Brooklyn Center 0 2 2 3
Total students
registered 22, 779 2, 398 24, 880 10, 389
Students from Brooklyn
Center registered 1,000 2, 398 2, 119 5, 099
Total square miles in
school district 172 2.8 32 66
Square miles within
Brool�lyn Center 1.2 2.8 2.0 2. 5
1967 assessed
valuation 31, 400, 000 3, 772, 738 51, 737, 945 15, 550, 000
Parochial Schools (1)
Schedule XIII
C ont' d
City of Brooklyn Center
MISCELLANEOUS STATISTICAL FACTS
December 31, 1967
Municipal Water Plant:
Number of connections 4, 258
Average daily consumption 1, 650, 380 gallons
Peak daily consumption 5 626 OQO gallons
Plant capacity daily 10, 137, 600 gallons
Miles of water mains 76. 5911
Number of fire hydrants 584
Number of wells 6
Number of elevated reservoirs 2
Storage capacity 1, 500, 000 gallons
Water rate per thousand gallons 35�
Municipal Sewer Plant:
Number of connections 6, 999
Miles of sanitary sewer 88.58
Average daily disposal 2, 362, 740 gallons
Daily disposal capacity 7, 416, 000 gallons
Number of lift stations 8
Residential rate $3.75 per quarter
Municipal Liquor Stores (Off Sale):
Number of owned stores 2
Number of leased stores 1
1967 sales $979, 559
City Employees:
As of December 31, 196?
Permanent or regular 99
Temporary or part-time 85
Total 184
Elections:
Registered voters last state election- 13, O10
Number of votes cast last state election 9, 384
Percentage of registered voters voting 72. 1%
Population:
1940 1, 870
1950 4,284
1960 24,356
1965 (special census) 30, 108
1967 (estimated) 33, 000
Estimated residential saturation point 44, 000