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HomeMy WebLinkAboutVillage Audit Report-1954 HANLEY, ZIMMERMAN MOEN ACCOUNTANTS AND AUDITORS 24 SOUTH SIXTH STREET MINNEAPOLIS 2, MINN. ATLANTIC 2394 �S'�'��. ����i �t.ussell J`on�s, �'�II��e C2�e�rk Yi�,�e t�f �t�t�� ���a�e�ix�. �a�t�*, �tiY�ne a�ata. D�r Sir: �e �a�+� ��ra�3.a+� �he a,c�o��.t�s �d reeords +c�f �he �Ti2la:ge �f �r�� C�nte�a �t �ec��a;ber 3I, 1954 aa�t fc�r th+e p�a.r t�e� es�td. �ar ex��a#i� �s tt�ade fm �,�+cQr�.n�e �th �exi�ra�lp ac�+�ptae3 a�e�fti�g stanc'�rds sa�ttd, accarc'Ci�gi�r, in+�l�d �ch tests c� #2�e acr.�+��g re�or�s �d ��l�. t�t�a.er a�uditf�g pr�ced�zre� �a ��e co�sida�rssd me�ce�sxr�r i�a t�e cires�r�at�sece�e., +�th t�e e�ceptia�s st�t�+�+d b�t�w. �ndcr thea tear��t t� c�� ���.g�s�aent, we did �4t c�ba�rve n�r t+e�t the phys�ic� �aeis�e�c� �f is�v�;ats�ries ia #he Alt�ci�aal Liqev�z Sieare, +dis� �s� parfor� a�m�r substau��i�I a�ti�� prc�c�dur+es gx test c,3��ck� r�e�tive tu t�e liq��r arte�r� c;perati+a�s. F'�r the p�aac�a�e• cca�:EE t�i� re�rt, it �a� s�cesssryr t�o c��ne �e �pecia�. a`sse,�sm:en# f�.t�s, !�'�3 �,d 19�3 Tbea #ax sztt�le�e�t �rec�ipt�s theretcr ha.d n�►t ia��a �r�a�rly i,c��tifiasd aad tl�e iaformatioa �;e�esaary fa�r proper �egregati�r� has �c� bees av�ailab�� �,g t� thia +d�te. '�e s�a�eriali;ty of #hc �iqu�r �r#+�r� Lran�,ctic�a�r a.ia.d i�veatarie�, sr�d the c� -H�i��$11�; C3� �1t�f�� �f1iElt��;�l'iL f�Ttt� 2`4C�� pr�cl�de frc� �acpreasi�g ind.epe��� a+ccQ�ta�t' ap�it�n +on the over-all repre�es#- a#i+o►�s �ant�cin+cd i� �he ��taa:t+�c�ts �sbmitt�d in thi r+epo�t. It� tb;� couxse t+f o�r e�ca�natia�a nathin� ca�+� to +�r atttatic� �vhi�e� �►�d is�dicate tha# the a�cct��t� �r� nc�t car�°,��t as staf�ed aad �.1�sa we f�d iar�icatisn �►f ;any v�.��:ati�mt� +�f p��biic �r�etst. l��:a�ectfvl�y aubm3tts�d, H.�NLE".�, ZI�dJtd��t,l�i� �,Et�E� i�� �Y�� I�.�tther J. �eaes +Certified P'v�lic .Ac�e�ata�t ��Cf�?�Ik��.l��'����r A�3 i",+t���[FI?�IT,S �e�c����,zt�c�� :�+evera`t in�i:aacea arare nc��t+�d �rh�re th�n iaLrtrx�.l cvatrQl ��ce�ias f��lsTa�sB i� �he r�cc►�rdi�� ��d �raa�►c�i:�g �'i�Iage b�gine�s �ere g��ttp 3�r� s�ecd of i��►r�ve�ent. '�k�+e fa�altp p��scedures a� ��g�+�s�#ed �eth+�er 3�,�rc�ven��t a�e d�a����ed b�e�v�. 1. �.e�ei��� .dl�t �s�t ��u� lss�v.eci F�r �1 l�+�iet Raee�rttved �t wae► �s�o�e��e�t t�st t��r �u�s�i�a of k�a.a;c,� h�.s r�c�t ia,ev,ed r�,ceipts #�x �I ���ts receiv�d. �'"e�r �►r�r �ccQV�txi�g �+�uat�r�l, rcceipts a��d i�sued £a� a�l �ies r+ccefvc� t�r c�l�cted �F�n �he re�it#a�.�+e �s m�ade �y ��ec�C. T�e in�tial r+eceipt of a�l �na►�r� as the �t��rser��e�t tranafers �f �he$e m�aaie�s fro� �e '�"i2�a�e r��re$emta�#i.ve t� a�aF.�cr �e+�d b�e a�tt+er rert�rd fro� #�h� ti�me xec�ip# �o t�ie uIt#�t�B $a��it i� t�� b�� acetauat. �n� vi��.�e �o�nt� ��Il�g a�th�r�ti+��► �re ��ti� grix��t� st�st�s��te� t��tin�, "�at�ce st1�; p�tym�,��ts �ry c�eck s��d c�a�h it �tt �ronr +awa risk" a�ad a►t Z�a�in8 �t�:�f+�� �ig�� �re �s�e+d: `•�e�e� a re�eipt fa� sll �at�ents". p�oc�dr�re r� �hi� l�ind g�e�y lesseas ��+�u�stic��s �f �4i� �ad c�rren�� �d h��s asse�rc t�e ias�e+� of re+��a��ts. Tt�ep�r�i.trt .�re 1�+�t $ei,a� �ad+� As F�ee�ua�lp As Iiesirab�e I�r�n�ies aur� accvm�slated i� ihe 'Yillsge Q€fices f+�r �hte I+��s of tim� bet�r+�en cs�us�eil m�etings. The ia�frt�eat HANLEY, ZIMMERMAN Ba MOEN P��e T� �t.�C��i+E��3,�1,TTC3��t Ai� �C}�A�"T� �.���,�n+�#+ar��t, :C�'�d d�ra�te� �f �t�h a�c��l�a.tia�s obvi�usl� i�reas�e #he risk arf ���ta�tiat ra►bl��ry a� buat�ary �a�se�t. �t is rc� +�d�,� #;�t� tk� ��i�etsstive Asa#sts�t ��r a��x �ee�nsi�le "V"i�},�.ge� ��pl+�y+ee he ae�►#has�i�e,+� ta ma►ke darg�eits ta t�e a�c�� far �e '�illat��, 1'r�s�r�e: d�� thes �#+er't� �ari�d hetr�rees► n�get��s. Tl�.e dv.plicatQ �sit s�f �id re���s th� pr+����fed ts #h,� 'Tre+a.�ea� in ii��. e� ca�h. '3'his grt�ced�ee r��ul.al e1i��►s#+e t3se p�ria�dic t�ammap�a�,tiea a� �ar�;e ���ts c+f �a�r., t� s�ad #rc�; �a�cfl s�e�t��+� ar� �cra�aEl� �i;�ia,s #�e si:�e a� c�s�. ac+�un��lai�� ��a �ue �t"fl]:�,ge �ff�.ces. 3. ��,e�err f�ra�a f� �s+� S�r+� g+�r�f# and �c+ea�e f�r�.s s�il! ia ��e ar+e �►e� ,�r�-��,��red s� ism�sgr�r�r �+�er�. Tlae o# th.+��e �+cf+��#v� for�� r�pare�ea# ��r�c�� fa�3t�t ia� as#�r�l �c�a�ar�l p�4c+��� �r�3ch s�u'�d re�edi+�i i�xr���lfate��►. 3� i� ���fn auggested that ait receip�, �,er�it an� lic,e�ue f�rr�a� ba �re-n��bertd a3nd bc��nd is� bc�a'� f�rm. T�tese '6�c�ks sbout� g�a�rkde f€►r as�. ori�ins� sad ���cb� �rgies, o�e cirb�n cc►p�+' t� retmatt� s�t�Caacl��d i� #�ue �iok. is iam�.pre�s#�t t�utt �t21 �i�� i.� �e s�eo�'�d kept �w.wd�r l�ck �;d k�� �d f� fih� cust�� c�#` a de�ig�ated respc►nsible i�widvsl a�# �rge� �th t�� c�:ty �tf i a s�is�� �i c+e�a and p►err�mdtt l�e�r ia�ks s�ut+� HANLEY, ZIMMEI2MAN MOEN ��t 3"�T+s� ,�.o+C: ��i� ��'1� �s �C�a�a�+�d �►r+���i�t�� +r� �tt +��2�+� �t +�ire� b��ic �p��� ff�� s�� +�+�ds� ��+ef�, 2i+c+e�ss� aa� �ue�r�� �'��e �r�d �+rs�ura �S�r�f ct��i►i�#�d �ka ��x �t t� �d az�e gr�e��� +�+e�s� t� ��e�r� r�E�:a �r�e i�i��ri �ta� �r� ���+�ea. ��s �►t+� �r �r tr��it� ��r. �e �s�c t�� r��p� �e a�+�� ��s��t �'��I� �t 19�� l�t �+s �ra�w+�e�e �a �ra �t�ds, �.d� i��i�at�a�. �S�t��ars, it #�e ��r�+�r;r �a�t �r+� a�+��a►� �r�r��t t�ac �a� a� e��estla�► '�we� c�es�t�► �:�d�+� #�e rt+�r �+e�e �taea�d t1� �ra�act� ��i '��Ea�s �t �MS�Ir d�ta 1�t�eES �t� #�s �m��� �e ���r ��e�fa +ea�t�s �a►a ��3 �s�s :�i +�s���i ��as �1` r�1��e aE �S �ar�rr €�+�i r�+s�t �C+�� #�f�ra of` �re �er�y� �r�rs� �a�ss. riL��,�e ���t �a► ?�i� �rt+�t a� �n� ir�+�r�e �►�e ca� �c+� �e ��r �e� �ari�s. HANLEY, ZIMMERMAN MOEN ���3���►�T�+4�►� At� iti�ra�a� �E� ��w�s �►�+a�+aa�r �ss a�c�+��s �r,� sii �r�s��#�� �s�ad �isr�r. �a �►.e ''�3��� +��c��t ��s ti�s �r ���t� �b►� r�e�e a� �z au �r +cl��ss��r ��re�+� �e� �a�wi i�+�t)�f. '�'�tzs �ear��a�e� w�roi� f�4��� c�F s�noe�a f�r �a�d �d ��t ��t a �r! +@�tlp" i�r�Sta�aua�C �`I#�'� ��ersl �r a�c�+a�aat+�. ��e�at �m�s e��ts� s��e� �si� �r�ra�� i�. ����e� �37, �ssr�e #+�at s�� �s+��: ,�r���a���at �'�d �+1 i�ss ��►�r �e� c��;rr�#i�t. �'"�d e����� �a �t�+�s� ��s��e �+�r�#'i+��sa ��d+��s�aa �h� e���a a;� t�e ��c�e+� �+a�r •�ar+�+�+t �ti��t. ��a�c�� �r+�r�t �is� t� �1�� �t�f► ��u ��I�at+e. �e���#aas �q��st �'�d ��p�a�i�'t re�+rrra� t�t �+�s���k �s a���t f�� t� af ��c� �d ��r+�r! �r�1E�+c�� fa�b��+��ra is�ae�. �k�1 't����e �dr, r�t� t�+� �f �w��ci�at �t.��oat �ce ��u�d, �nt �r�t� �s�� s� ��d �s� r��ar a� �rse�c� �ds. �s ;���r �€+�a�s �b�►se a�ra a�a��er� HANLEY, ZIMMERMAN MOEN �;e 1�'�.ve �.��t3�l�I�I�►A��t�I� C�3►l��'P� !�6t�t!lA��E, �r� �,c+�rua2 h�►�r#o s�ilar c��rcfal e�►t+ergrises c�f t1�e sas�te s�stvre. '�i��e ��ttv%ti�s ar� r��ie�y ��d#�� au8 t;�$ +ay�tem +�f �cc�c��.� �o�lst b� gr�duaIlp �r.n�ed �++aR �e ��cr�l �as�is f+ar bFe#�a �c€ou�f� �d bt�ud�etary' e+�t�e�l li�sc ��h the �r�a�i� ex�r��i�. HANLEY, ZIMMERMAN 8c MOEN �?'i�lag+� af ,��aa1�.� �enter Ii�tI3T� +�2�' �TAT�Il�N''�'� ��S�TTT�1� .�3ece�ber�, �954 ��ibi� t'3�r�� Cambin�� $�ela�cc ���t .�12t ��ds �►�ce�ber �31, i 9�►4 .�cbib�tt �xeacs�:� .A���sis a� ��ge� ia �e�pead�d F'� �alsa�e �C�sr .�d� ,�ecem,�rer 3�, I954 �x�ibit Threc �,e�aeral Fund S�t�m�e�t Qf �.eve�ue and �����i.:���uue �acafpts '�`�a�r �d�ed �?+e�ce�er 31, I q'S4 h .Ea�hi�ft FQ�r G��eral �"�tnd �#ar�te�c�re� e� �i�b�►r�c��n�� �d �.pe�i�c� "�t.a� ��rd �e�+�:�+er 3l, �954 ��ilait �`iv� �arlda� C��t�l �t�ear,�er�� �f R�eipts, 1�3:s�rurse��ut�, l��tse��r€�� �d t}b�igsti+a�s '��ear �sd�d �ec�ber 3I, 195� Eat.�ti�i�t ��e I►d�ni�iga3 Z�iq!�+e�r �`i�ar'e �'u� Ba.�rxce �heat �ecem�+c� 31, 3 9�►# �,�tbit �v� �+�i�i� �f��r �tosa F�d �c��e �n� :�acprcn�t� �t�►t�s�eut 'lCe�r �t�d .I,3ece�ber �I. ��.5� �,ibit �i�t ��i¢ip�r,I; bi��wr �tc►re F�ri �lp,�f� �rgl�a C3�a�a� Y�tr 1�1�s4 �3�t 3'�`i�e l►�uni�ip�a2 I.iqt�r St�re F�� �at�ra���� c� 3��Idin�g t�►r��re�ent �'�tad ��e+ce�ber 19� ��hihi� Te� �p�e�� R.ever��� �d� �'►tat.+���t e►f ��cipt� a� Expa�ditur��r and ��u�ed �alaacts '��sr ,�ded ��c�se�bat 3I, �'9�4 �ibft EIe�� ;�i�rd �`mz,d &�s+�ci�� smd Erpe�dit�uuas Y�ar E�,d.�+d 3?e���ar �'��4 HANLEY, ZIMMERMAN 8c MO�N l�a�e Twro' �'i�ar.�� s�f �r+�c►kl�rn ��n#�r ��X t�l�' ��A'TEI��`S 3�l�TT� ��crr��aer �1, �954 �i'�it 2`�e1v� �igecfal Aase�s���� �u�ss+�s +C+�s��e�o� C��t.ed �la�ce �heet D�ce�er 31, �4�4 �rhi�►it �ri�ct�en $p+e�cia� �l:�tse�s��za� �''un�a �on�str�litt� ��let+�d �#aa��s�eucnt �f +�a��h R+�ce4gt� �umd ���itaraf a�� �:d �a���ctt s �t�s�n+�ed A►e�e�esr 31, ��154 �ichi3�it �`�r�r#�+e� ,Sg,��iat .l�,sses��t F�n�s Goas'trs�c�ioa i.a �reacess �m��e �e�t �ecaxr�b��r 31, 1954 .E�ib3t F`if#ee� S�ac� .Asse�sme�t F�d� Ganstrn�� Pra�ess ,�esr�e8t �f C�►sh ;l�,ec�eipt�e a� �gead3.�es� �nd Fi�+d �ces '���r ��d:1�e�e�'E� 3�, 1�►'34 ��it i�ter+�� ��e�a�t t�,f #�e�a.er� Fixed l��set� Yesr �d+ed �ece�ar.ber 3�, ��54 ���i� ��r�+e�a �#.�.��e�t a�f 1�+es�e��1 �d�� �bt a�d� Iater�as# ��,c�be�r �1, �.9�4 i Exhi�# �i11��� -c�f �racr�� �r,�ter �C��Ii�t� 8�.+�i�t'��: �,�'T �►L�, FU�� �leee�bca::32. ��r4 �g�ci�I �t�c�tl �or�ri�g ��#��pa�l �pccial �,�esei�a�cut Ase+�aa�.e�t i�a�r� ��r�i �rc�eral �a.pital I,�ir��as �ewe�ue� �d�e �ds �"iz+e�t ��nd�d T�atal. 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S# 1yEa��►3ari$rp� a�ard eq�pm��t l��, 485. 13 2, 2Q�. a�t 5�, �'�.rr�itu�e aad �i.x�r��s ZZ�,1 4, 3 b�. E�� �f�t �5 �ec�:ai aa�sesa�+cn# grc�jec�s�c�plete� 3�4, 988, 74 3t�4, �!8�. 7# L►a�.d I, �95. 85 1,195. �5 `Pt�r y... �9�►, �54, 41 3, 9►b+�. Q�- 2Q6. �2 7b, 9QZ. 3� �I'�, 354. 44 3�#, 62T. TI 17#, +�2�. �►7 �SZ�, �95. 61 �2Q.178. ?5 �l „_.._..,.��.,�:.�a,. �atAB�II�T�F�i AcEatan��r ���elale 8, 9I i. 8, 9'11. 4Q I �+e to es�tplc�yees 7. �fl 7, @Q Accshsed ta�ees and �easitas�� 2, QbS. �3 I, 4�fl. �7' �?5. 6+6 �ie t+� e�her f�,da 2�, 697`. 8� 3, 9��. 2b Q, 206. �'i �5 2, `�7�b. Sd 5, I�4. 5� ��d. 5z2, 3�a. �a 5�, �o ���6, a��. i�+� ��t, �a�. aa �tsr��t �Ya�ble f�t�Ye peric�+�s-�aaral �a►�ded deb# 3�78. 7fi� 4, 378. 75 ,�4�ccrv��d in�ere�et ��e-Rev+Cas,a Ce�F�te l, �9T. 9� I, �.Q7. 9� L3a'I�,ftie• ���+0, 5�8. 84 449. 53 Z�i�r.9T ��1. �12. Z2 2, 7't6. Si ,��1�, 44@, Q� �►1�6, $Z9, lTi�. 25 �`t31�� ��1LA��� A�3 $t��� �'uad �ls��es b�2, �82. 34 i,'�I�. �r3 �1T. �5#. #4 3B, �r�T. �i �94. f35 $g�; fl9�. b� l�"c�ad de�icit� Z, 77b. 2, ?7d. �bj �argius Z, 373. I'? 2, 3T3. IT �rpl�s .I�e�trieteei 33, �11�.9� 3, 21b.'�t Z�54...4I 4�A. ab 9. �ab. 97 �►�'�i, q�2 3� �#T, 3�#. 44 54, �b27. �74, 32!�, �5. �I ,9 2'�8. T5 Q�i�i t r eYire i i.. x rri r r a,,, �i� i R. HANLEY, ZIMMERMAN Bc MOEN �.bft Twro s Yil�a�� of �s�arkl� Ge�te�r Fi�rl� :��'A�.Y� +C#�' ��lr►1'��� IIxi t3���X��A��A F'�3 I�AZ.�I��� 1l'�:r �nc�ad �?ec�mber 31, 1�}54 �`aae��+� �plu�t, J��ary 1, �9�� 19, 941. 33 �i:�ccipts gs�r ��i`i�� 'Three T�� 1Q�. ?5 T�tal l�t�ce .es� ��fditi�a�r Q�i, t�54. ��e�i��: ��aditur�� a� �►er �.�►i'I�it F"� �t�3. 8I �r�x�� tra��ferre� t� �,tk F'�nd '�3a�.p�d+e� �e�+c� r+�pre�esti� previc►�a�c year' ��e�e�. �cven�t+ea r�c�aipk� �te�g�sted f�r p�rk a� r$crea�i�n u�t� 335. 7# 87, 53q. �5 �ne�ed �d ���e �e�e�ez 31, �4*4 8, �1Q. 53 HANLEY, ZIMMERMAN 8a MOEN Ezl�ibit Thrte �'illak�e �f �r��t�+e �eai+�r +�r���L .F� ST�iT�#.�Ia�` �3I�° �,���E1'7� A�'� 1�fl3I�T �LE'V'�t3� ����`TS �e�r �d� l���e�b�sr �1, 19�4 T�+E�� �`r�sa�ra3 Pr�rt�' rr�at a�d �rs�asal 4b, 4#t�r, �8 ��r� �f sta.�e �t+�u�� 'ta�c�en 4, ��6. �are c�f sxatc cig�r+c�te tse�c�� 4, �9�. 32 ��rts� �tecei�ts 'T:auce� 54, 9b5. T4 .�.i.caa��a�e�€ a�td I�'�arrr�ita C3f� s�I+e arar�l# �i�es�ees 3. 00 +Cig�rette li:r�e�n►sea �5�l. 4t1 �Q lice��tes 336. Z�r ��rb�►ge� c��;e�cti�a a�d ,�cav�aage�r p�ers�its �Q B��ting �e�.its b, 5� I �i0 �ewa�e �r�itt 3, 3�. 5A Flvt�m:bfs� per�:#a� 50 �!►�e� �rm��� �2, �9t�. �atis� ga�it� b3t�. t�fl F���ai�g Iic�s�es 'T3a. A#3 '�el�. drf��� a� c+e�s�� g�r�ite �i��a�+es b��. I�es�ing li+�e��res 68�, �10 Hua�a►p li�e�se� Z�O. 4� T�rcab �+ce�sea T+�tal �ece��� 7E�ic+��es �tac� Ferr�c�it� �4, 313. �5 I�`i�e� �'n�rt�.e�: �'e+�►c� fine� 3, 946. �5 ,�e�rice� +��r���t a�i f�ther ��e�i� �+��#i�� £ili�g f at�e Fkr� c��Ir� T5. 0�! �sce�l.�eas�s (asaets�e�a.t �e�arrcht:, w�dd �u�ing, etc. �89. �S T�tal �,e��f�ta &�ar�ri.ce 2?4. �5 �'#a �»��r��v:e �.ecmm�p�� �treeet in�pr� �►44. 54 F�rfeit�are �f b��d 2�3�3. f��! �ns��r�►c+� r,e��d 4�. �I �1�e c�f +e�#rt ��3t. 5►t� �l�c dirc�.rc�ed ��i+�e ��upa�e�t 4�. §t� �e �ps 7�► ��#s�€ $.�cesi�a �+tori Reve�tue i �24. �b �+�#�l �,e����c� a� I�ar� Rev+��e R.e�tig#s -�eneral Fux��d 7a, 95 HANLEY, ZIMMERMAN 8c MOEN Exbibit F'�tsr �t'i�ta�e �f ���l�rn ��ter �ii R1kL Ft2� ST�'T'����"I' Ql� ���R��k�1�'S �i�t ��1��'I'�.� ��ar F,r�dcd �e�en��er 31. 19�4 �s��ral �ver�te�t �a�ror s�►d G�wn+�il �a�ies �:id Z, �i8. 0� �ra►fe�►re3.aaa.� fe����'in�ci�el �t�a3t�istrat�;ve A.s�i�t't�� �4�. �avar�c� 4#�. 63 �i.e�r a.�t erub�rc��i.a�e: ��T. t� 3�9. b3 �ltectit��a ���#3r��► ,�iges acsd c�er&s 3?8. Pri�tin,,�, biz�din� an�. �+���ip#+�s �3. 5A f;»agit�l Qu#ia�ys ele�tic�� b+�oeths as�d ba�ces 3�?. 'ib8. �5 Tr�aurer and ,,�+�seass�r ��azi�s as� �ra�e: 2�4. 5�1 �FPli�s 84. A� �a�k�ra�ct �r. D4 �tt�+�xe�ri pai�d s� vr�r�r�t� 0�. 4, 5�3�. b1 Le�� �r�rice� �'�+es a� eacp�ae�es 1, 72'T. 75 �`t�.tm��+� �er�C �#fices a �r�:e� �ad r�s�e� gai�. 9, I:93. Et#� l�'r�fess%a�a1 servic�s t►B T r�vel �.nd �rutie�ge pat3+�e�.e�►ta �9�!. Tt�e�lac►ne 3i��. �4 Advcr�i�ing s��i ���i:�hiYtg T#�9. b8 �+rinti�ag, ��t�in�, ststic�n��g �:�.d c�ffi.ce a!�sgp�i�s 1, 4b�. 89 ����cc 147. 5t# �a�€t�tl t3e�I��r 1�q�i�a�� �1� 3Z, 471, 45 �'�sti�e +t�' Fe�.c+� �P�li�a �3. bt� Qrdi��e e�f+��esx�+��:t 3'�. f�ti G2. b�# Cit�► ��a11 �rnla:r�ee �t� �g�� �i� 1, �37. �4 L�il,f�+�a ��2, �i ��paira 34. 3 5��.�l.i�e* 4��. F�ei 7��. 3�t Y�as�ras�c� 4. 8�3. 3b �aep►i�al �tla3re Z,a�rl 1, I. 1 t� ��i�� 1, 9''�4. ��.i,p�te� 'S5. 9� l�,1 �I. �4 Fi�aanci,�1 ��e�aents �nd .A�c�it Audi��+r�� fees a�.d ea�e�s+e� �5Cl. P�blit�h�tg �d p�i�tiartg 213. 4Q 1, 463. 4t? �ertal �e�er�l t.,�v�►rn�ue�t $35, 3�3. 48 HANLEY, ZIMMERMAN 8� MOEN Eshibit F"QUr �7'illap�e �f Brc�uk2yn Center C,►�I��R:,dlT, F't11�'�A �TA'TE��fi �I��UR*J►���1+T'�`� �i�Is E�FE2+iDITIIR'.E� Y�ax Ended ]�ec��ber 31,195� �ublic �.fety a�� �rc�ctian �c�ice l�rvt�eti�n S�:�r.�ries a�ad �s�e� �id �44. �Q �°"rafe�ai�aal se�vic�es 1!?. t3t3 Equig�e�at x�nta� �tft3. E�0 ��er�r.�ioa �nd x�a�st�n�ce c�f` +equip►�e�.t 99Z. 6*� $t>azd t�f pri�t��e�s� 28. Aflr ��tPplies 1��. 4E �apital +mnstl�Ys �qui.p��a�� b. 45 341. 92 i Fi�� �'ra�e+�i.o�, �"a�.Ia►xiea �rd ��;es paie� 2, 9b2 4Q i P�r�►fersi+e�al a�+e�rvi�es QQ �.��ge a� tra�vel ��y�a�e�trr 51 3 �`elep�+c�e 23t�. �t,ep�irr 2b4. �1 Eq�igmaa� t�pera��o� aad rer�t 2�I. Snpprl.ie s 97. 4� ��rix.�a�xe e 4�. 11 �#ue� a:�d s�b�crig�tans a� fize sch+�ol I��. �a�pita� C�t3�yn ��ldi�g Z24. �q�,ti��art a� fi�rtur�� I, 2Z8. 4E> 5.'�g6. 45 Civil �efex�se '�'+elepher��-� �+e�i��raph, +�tc. �8. �4 Adverti�iag at°�d p�tb�ishiag 29. b� �up�iies a�nd �rga�i�;i�►g c4it� 315. ?4 Ca►�ita�l ��ays cq�il��tt 513. �Q 94�. �eal� aad Re�re�etia►nal: �rcagram� Sa3.�crie� a�ksd �►a.ges a� at�r�i�� d�ss �A9. 48 �al�ri�� �a►rk� �tneef �ccr�s,atit�a 54f�. t�+� ��Plies 80. 40 C�.$ital £��tiays sig�s} 1�. 59 �42. Ia�pcctian� and Pe�t Ccui�r�i �'1eu�tbi� rnsge�tQre� #ee� 1 35�. @t1 �.le��e t�avei 45b, �fl 13eatimg is�ct�!rs fee� 34Z. 50 ;�tuldi�.g i�sge�t�rg fe�ss 2� I93. �3 c�#c�$r and peruad fee� 3#�l, 65 4, T@3. 98 �'e�tal �fet�r �n� P"r++�'t��tican �'22, �9I. ?5 HANLEY, ZIMMERMAN &c MOEN �ibi# �'o�r �e Thres �fiil��qe �xf �r�►3��z ��ai�r G��..AL �`U� �'�'�T��T�` 4F' �'►131�$�TA+t��T� �11N3� F��*L��Tt�R�S �e�ar �.ndtd �►�c:ember 31,19�4 Stze�t, �id��►a.Ilc �s�d �e�av+c� �ai�ten�c� �iar3.� s a�d wa�e� $16, J� 3. 47 ��e�ri�zg a�d c+�sES�I��,� services 7b9. �d �qsrlgxa�e�# r��tl R.��ir� 939. 58 ���p�:er►t c�g+�rati�n 1, il�. 0�' Sa�p�Ii�s 75. 59 �x�l �iI 257. �i3 Materi�l.a �sed �+�r c+e�nstr�cti+� 2, �45. 3A Ix�+��rance i5. t?t3 Staeet� a�d �e�er ch�r�es a���esaed 3, 851. 3I Ca�i.�a�: �ya Fqess.igst�e�t 1, Q�A. �1 T'a�a1 �reet, S#d��etk ind �aavtr l�ai���att�e �2T. 6�8�. 58 wrse�s�at• �d �endi:i�.res �n�ra2 Fund �5, 2�l3. 81 Total �i:ab i i HANLEY, ZIMMERMAN 8c MOEN �ibit Fivc V'itl.a�e af �lrca�ktyn �ent+�z �'C?R�S�1'C� C�lP��1� �Ltl'�I'3 Sr�.�t3'�7t�.��i1' C)F .�.�C�F'T'�, �I�i"Cf�'3 '�:�d��iTS, A��4�.C�► /lN� E3BLIt'iA1°�C3�i 'T'egr T�c�ee� fltc,cr�;bex 31,1��� �:���i� �ro� �alle�ctios af aili�g a�sas��eate recei�rable $�2, QE�Z. 4� �`r� �+�t�ral �r�pay�aett� af 1�.� 74�. 42 Fr� 1��4 Fx�� 4�ntezx-,r�ct �c.c►a�j �gs. Tx $i2, 479. 54 �i�buarr+��t�ts Repa�p�ae�►►�. t+emp�rr�zy I+� fr� 1953 8 Fuad 1�, 5�1. 75 �"ac���ts a�f �,ace��e �rer �i.ebur�em��ts 957. �9 RE�'�� ����rA.TIt3�S R+�n+�sces C'a►sh in ba:s�e a�d o� �tad 95�7. 79 �,e fr�� �er� F�sd 137. 34 t3iti;a� a��e�s�+a�?ts receivabie �1 Si Tr�ta.l,�t.e�r€m:xc�s 9, 2Q�b. 97 A�Yi�►ti�ns 1953 1��n��,t of I�a,r� Jar�nv�►s}r l, �954 �iZO, t�4�f. 94 �.e�ss :�.�en�� d�.r��� 1+��# I1, 5Z1. 75 �al��+�e {�i�g �3ec t�r 3 9'S4 ffi, 4T8. �5 �ce t954 G�d r�ce�ipts ers�e�.e�sly depc�sited to i.�+c�rr�c� ba�ilc accc►unt 728. �2 �c�i�l. �3bli�sti�r 9, 9? HANLEY, ZIMMERMAN 8� MOEN ��thibit 3ix �`i�Ia,�:� af �r�ki�a iC�e�at�x �T3�3I��"JlI� �It3�'C�R, ST4� �ALAI�� SI��:� T�ecerr�rer 3�, I954 A�iI�TT.� �urr�at .�.ase�• ira� ba,n�c a�1 c�► �►xtd �i28, t�4�. 9�8 �3n+� f�� #�eger�►1. T'u�d 3, �14. �b �.�e��ii.�s �f �+�r��r.ndise f�� s�►1e 32, 378, 53 �'n�►�xec1 i�►su7r�taa�e �d �.icea7s+�:s 1�9'. �4 T�ta� Cvrr�t�at .�►���et+� �4�4, 3T'�. F'iued Aa��s� +��sL ��eci�.#on 'Yalu� F�n.it�re a�e� fi�.�rca $5, 9��. 4�1 3f�4. 3� 3tb4. db �w�ip��� 4�t�. Cf� 245. 2�5. 44 1��. �r�� �d�. ��r �3rt31C'���!'! #?f �"37[!ed l�si#��ll �t� �i $.�'li��r'f�t�d A��set8 Cat�� ir� b��- seti x�esa�nt +�f �i.,���te �ertic�tt�s �eb�+sdxsz� 5, ��2. A9 Gash ia �a�r -��i�d�ng �pa�vc�ent ��:d 91. �2 3, 9'��l, OI �`+�tal 1�ss+�t�► $T�a, 9t�2, �G I,��'T'I3� .t�►�B3 S�3`R.PL� �urre�� 1Wi;abilitie a �lk.cc�ts ga�a.'ble 8.'41I. 41i ;C�te ta� �ea�r�l �`�n+�i b27. 2� �ithk�+d ia+ca�� t.as snd g�ai�a�s 5?5. ib ,Ac+cru;ed ��ermm�t Pw�;Y�blra R.�ven�+e �ertificat�es 1,1�7. 98 ��rrt�� �b�ft�s �i11, 312. 2I i�� Term Z�3abi1�€Li�� R,eve��uc Ce�rti�i+ca.tes �''��b�.e-Iss�� d�te Ar�g�at E,19�3. �t��est ratc� 7`��Fr ger annu� frc�x� ��t�ts# 2,1953 thra��asgh Aug�,�t 1� 1955 au3e� tlien 4. �5�'► per an�� uni3.I nnaturity, Certific�tte� �,tmre seria�y*. �6, t#tft� �er year 1�$�5 �hrs�� I9�� ar�d $7, fl4Lt e�ch year in I9�iI a�d �9+6�. �II 'bor�de �ub�ect tr� priar rzde�p�aa aft+�r .At�g�st I�S� �r��aaii.saum csf 3'�fn 4�#E�. QO 'T�1 Liabil�iti+�� $�1, 31 i�l �ur�tlu� �.�stricted �u.rpl�.s_atr pe�r texm.s +�f resc��ivaa dir�ctin� the isavw�+�e af Rev��e �ertificgtes $1�,12a. BQ Restri�tod �rp��s-;$�ildin� Ia�ra�ves�ent F�nd Availabl� 91. 9Z�3��h.9j T'�tal �testric#ed �urplus $13, 2ib. 9Z �3ix.r�,atrictec� �urglue� (a,v,a�i�ab�e f�x t��►�af�r) 3?3.1T �'�#,ai ��r�lt�s� �i�c+e��er 3l, lq�s4 7�5, 5�#t�. t�9 2�ta►1 Liabilities aud �aarplus �b, $02. 3Q HANLEY, ZIMM�RMAN.4s MOEN ���it ;Sevcs �illa�e of Sraoklyr� C+�ter ��tT+�T�`AL ��Etf+f'�#�t. STt��� F'�il� I�1`�Ql�� �k�#3 ��F�P�� �°T.l1T�'�t�T �ear �ded T�+ece�a.ber 31� 195►4 Perceat��e A��nt to Saies �at�� 6 �1�8, b6b. ?.Z 00, OE��'i L���: �+�efi �ds }�Id �s►�rar�t�ry �a��x�ir i�#54 3�, $r61.16 �,r+c�s�res 1 7�5. 9� Av�ila�ble fcsr salt ��5�, ��7.14 Les�. ��aat�►sg, ��ce�+�r 3�,19�+4 3�, 378. 5� �st �f �crd� :rc�l� ��Z,'�4�.6t 8�.4? Cra�a Pr+sf�t 35, ?17. b1 15.9���1► Qperati�� �es.�e+r �►l�rie+� 13, 789• 21 �►cce�:t�,�g fee+� �4�. �iJ �p�re�i�#on 87�. �b I�a,�v�rrs�nce fi91. �S U'�ilitie� b13. 9� fl�pe�rattiss� g�pli� s 62 t!. 49 �e�t 24I 13 'T��sphtt►�e i��. Q� �cpai:rs� and mai�►t�e��e 18. #"s P�s�te�ar� �ervi+ct 162. t#4 �Li�tag� �d tr���i �b, A4 La�t�� b3. �5 �'�c� a� iice�rc■ �ai t�4 ����saified 25 �i 694• 9� 4. �31 �T, fl 4Z�'t �+�r ��►cea� �isca►m�ta carned as�d c�eck carhi�g fc�,� 5, 258. 7'l T� �et �Yatin� �hc�fit �2, 28�. 4? 11. 8��i .L�es; �e�en�e �erttif%ca�e Charges ��t�arest cxp+ex�se t�in� cerf.si.fi�at�� 2, S��►. 4�3 l, �i3 �iet �'ro#it F�r 'l�aar 195r� 9, 3�+�. 4� A. ��"!�i '..,.15....�_'/...... �.1, i HANLEY, ZIMMERMAN MOEN �b�c 't�'�1t��e gf �ro�►1r1� �e�ater l�E�+iI�I�.l� L�f���, $'T' C?� I�"�1� .ATwt'AL'�� 4�� ��.�L'�'S ��I�� "�t�ar 9�4 �ur�►l�t�, L'�ec��r 1��i3 $4A, �l34. 55 �;a��: ��'+�t rap�o-�r�a#;i.�g �rc�fit f�r �car 1��4 {�e� Eachi3�it �e�en►j �9.396. 47 831. @Z ��s�uct: ��+�i�� cos��e, fi�r�rit�e, fi.�c�ere� a�� eq�ip�raent, tr��:�►#�rrc8 the �"reae�a:� �''ill�.�e C?f#i�es ��ee �ibi� I+�ir�e� 44, Z4�. 93 �t�►►rrpla� I�+ecc�e� 3�, ��54 �As pear ��i��i# S+ava�►.) 3, �90 �#9 :r .,:r. HANLEY, ZIMMERMAN 8c MOEN �c3u.bi�t Nin� V�I�a�e mf 3��r�a�clyxl Centcr 2wi��IPAL �.,.IS��TC►1� ��'4RE �'tiP�! �T.A��:�IdT �fF �i"E�I3II� ii�P'.�C3VE�Fr�T Ir`t�,t} �1ece�ber 31., 7��J54 P�acced� af �a�� �►f ��r �t��e �teven�e� �ertific�t+es �i�i�, 414. 1'9 L� a; .A�r�t �rsn�r�erred �re�ra�e �.ceo�ut repzet�ng a�cer��d i�ter�at r�c�iv�+d at c�te s�1� to �e u�ed for ir�ter�e� a�� ps�incipa�. payz�+��rts 414. 19 P"�raceeds .l�v,ai�b�� �"c�r �e�structic�n 7?�rp�ses $S@, �A4. t�A ��s. �emd.itr�zes �ler a�d fi��re� �rchased r�d �ct.ais�ec� fx�. Iit��r str�re 5, 6�3. i�s A+�s�i�a ��rar��+�r�re� tc� t�eaer�I '�'#�.Ia�� t7fficea; �''�s�att�e a� e+��i���t: A�ding �.chin� �2 �a T'�p�writer �3Z. �4� �eslta �t� +cla�:i�rs I, A83. 9A Tt3rt� �'urr�i,�ire at�d �i.�naent b31. �o� c�f re�ruQdtli�:g �1�,�, h+�a�i�� �33:a�� c��staea�cti�a� t�f +r�fieES a�,d v�e�t�l:t �Z, ��9. 53 ,�sset�s Tr�s�e�rred t�a �er�.T '�'illa�e �?ffie+ce 4�. 24E1. 93 '�'c�� ��cperadec3 f�ar ��►a��►cti�ts� 49,'�it�. 08 c� Availa„�a�+� F�r �€�astr�te#�i� ��t� ��ibi� �cj 1�t 13ee+e��ier 3�, 1��4 �3. __x.:_� HANLEY, ZIMMERMAN Bz MOEN �ibit Ter�t '�'i11a�e c�f �r+��2�ra �e�te� �F��L ]R�Y��i`E �'�S �TA'��+t,�� t��` �C�IPT� ��'F..�tAt�t�.�� BAI.��3C� '�'�►t l3ec+�a�i�er �1,195� �tste ��rtifi+�tae of �c►a�tts�c#� Fi�e �cpt, AIII'u�ds F'�ra►r �a� Iade��te��s� ��e�t �te�i�f �ark T�tII Fta� �'u�d F� Fs�td �'�ad tf�ex�ncied �al�c�s �`a�a�ary 1��4�4 $3I., 62�. 3`9 1, 3'�#. 3'� l. ���t. �3 1, 69fi. '4, 84�. �I 335. ?4 �lddt �e�cei'�t�r �e+neaa�� pr��ert� t�r�e� -���ei��l levY 1I, �i�3. 9� 4, fl��. �5 72�. t�2 fa��. b�5� 3, �?'T. �b 1. R.elie�f` gxa�tu �b�� 51�4. ��r 5�#�. �b Is�ouxan�e p��e�iv� t�►� 8��. �5 S�►2, Ta�karest f�uaa��� ��/�9' 1 tt�. 39 ,�lccr��d �exes� �x�� ��l sa3e 3'�3. �i� �93. 5� $2�, �5�. 7�r 5,'�35.1� 3, t�?6�� 32�. �9 �93, �5 9�1.�� 4, 44b.4S ?��c1�ct: �pt��litures I�ebt re�i��mr�est ,�tf�. 0� �i 1, ��Q. AE# 5�, fi��Q. �tereat a� aervi+c� �rgc�t b23. �5 52T. �i3 9�, ?5 j �:eli�f ��d+�rs 3, ��3.'�� 3, �i5�. �3 I �►18> 57�►. i$ 3, ��1. 93 1, 82?. a€� 89�. ?5 �m��e��t� �s�nea� Asea��s R., ��.ti... 44b. 9� 9�� 9I 4 I9�4 $�7, ��4. 44 2, �8�. �4�. 75 �43. 5 77�. �b I�effcit� �?e�e,s��er �l,_ 1��4 Z, 7'�b, f a HANL�Y, ZIMMERMAN Sz MOEN �zhibi# �leve� �i''�II�.�e +c�#' Brs�k�yn C�nt+er .��TI� F'E��► ����IF'"�'3 �'�3 ��:E3�.��i��t'�.�� �e�r F�cted �ie+c�e�rb+e� 3t, 1954 �.ece�� �'rt�ce+cds fr�+� ���ruan�ee a�f �,ea+�rsl �:nn.dcbtednese� �+ert�i�at�a fe�r #h� p�p�ase e>f g�r��s�i� a�r+�et ��na°�r�ct#.� +�q,ufpment gri��3p�.1 a��a�at t�OQ; i.s�t+erest at 3. ��i'�G p�r sEar�.�; �rfng, $2, Q€�A J�a�arp� �''�'.5�6. �i3t� :daa��ua:rg I, �9�? a�d $I, 9t�tf �'a�u�:�p 1, 1'��� ��S, #�1�5. 35 �r.rr�.di�tre s �archsse� +�f �e�a�aa 1�al�imi�c�sr 59Q. !@0 .��d �rri�nti� �d le��� fees pert�ai�i�g� ta iss�aar�ce �f �+ertiffc�tes 31, 8D 'Tza�sf+�� a�f anrpl�s tr� �tr�n�+ctf�� �+qaip�a�E �'�d {,see .l�h��+it �ig��. a� spe�ia� r����+e f�d �ha.rg�d �t#h t�,e gaya�e�a� +e�f pri�cip�l �:d intere�at on ��rti��c�t;es fss�d 393. �i� T�#a�l. �ish���ed 5, #'t15.� 1 HANLLY, ZIMMERMAN 8c MOEN E�hibit �rve2ve �iila�e �ra�o3t1� �e�,ter ��'��I.�L ����1�T �'T3��t�� CC3�±t�s'�'�t3�T`IC3Z� C�3�L��'EI� ��!►I��1��� ��T i I}ecez�er 31,,1g�4 �x� ,�ewer �an#.tarp �,ew►e� ��ber t3se I�u�nb►er #�e 'Pc�al ,���s l �ash crn �d f�r rctire��t +a�f I pri�c�.t and i�t�ex+est ga�m�ts b44. 3# �68. 9b ��4, �1�. 44 Tc� be pr�►�ie��d f+�r gri�a►�3.p�.1� in �e� �ri�d�s ��2, tt0�1. @t� 44, 4Q8. t�� 3ib, 8t#4. �A �e �rom� 19�3 1�, lx`�a� 3, 8�:5. 31 3, 815. 31 T'�tal ;��►a�t� $3E��, $��44. 34 53, +383. 37 $3 ��7. ?1 i�l,'����� F"L�A �A.�.�T��� �.ar n��. fl� +�a�►. u� �ne�r�nd�d b�e�s pa�.n,cipal; and isfi�re�►t b4#. 34 9 37 3$, �i�l. TI Tatal .�'.,ia�biliti+es a;a�ei �"u�� Ba�rt�er $3t�ti, 6�44. 34 53, �83. �7 �3�r4, b��'. 7� i i 4 t 1 $ANLEY, ZIMMERMAN Ba MOEN �xhibit Thirtee� �i�+e sxf $r��l�a Gen.ta� ��'"�G�L �.��S�M�I�T FCfiI�D�-�4'�I�'TR.�3'�`I'�t��' GQ�*IG�T:� �T.t��'�d['.�T` C�F �AS� �L�C�I�'TS .A,1� ���I�IT1�.�:� ,l��+3�3 LT'NI3 B.�►LA�t�� `�'ea.r �d�d I3ec+e�sb+�r 3� I954 ��arm ���ver �i.3�tary �e�►�� �ber {�ne t�i'ux�b�r �+r. "Tc#al Rec�i� Ass����tnt p�.�ents r�eeive�l 5 dwrim� �'�ar �954 �7, t3bA. 29 �9g. 57 53, ?��f1, j �esadi;t�,trer ��c� pri�cipa� $�.bf t�t�+D. tIfl flt�0. 18, Qtl#�, A#� p�.y��nt t�f iat+er�st a�d ��ervic� cha���s �f3, I�S. �0 Y, 432. 3A 1 l, 53T, 74 "�."c�l ��s����eed fs�r �tere�st A�i�si� �b,12§. ��I 3� 4��. �e �9. 55?. 70 t. ��cc+�s• crf �t.e�ei�pt� �3ver E�r�nd- M i�z�• $�.Q, 935, Q9 Z. 85�, f37 Z3, 79'3. 16 i ,�l�ldci: U�:expetl�.C�, Ba�lla.lic+� :��i�nia� +,af �'e�ar ���4 T, ?@9. �g 7,1Z5. 38 �4, 834. 5�5 em.�aer �I 9�e�a�1 �aac:+c �3ec �"8, ��44 ,3# ���!,,,�83. �T, b27 -..7� ...�.�/d HANL�Y, ZIMMERMAN 8c MOEN �hibit Ft>ttrtees 'p`f�3a�� of �l��l�y�t �c�.�er SP���.AL A�t�E�EI�iT �`t3�"tI3�-Cf31�+TST��T�'T��l�f �f FR�F.� �L,l9.�T+C� SH��T �c�smber 32, 1954 I953 .Gi and �:��4 �t F`umd 2954 1454 (�e+� 2�Tc�t� i j F�nd C F'rm�d 3`atal 1�,��TS �`sA1�S4 I.IR �33� �rr?E�i!!8�'�1C�t3kA �,�`1 �!p '�'�'q. .�i g�'�. �r'�r F J s �t��. Q�. �c�8�1 till �Y'lE��-�'.T�.21C�� �:tt4� lri��?��� �7 �3�. d� ��7. ��3 �7d. �iBtS�i �il �►T1���1'7.2t�:�: ?,tIIt'� 123tL'T «'8� �'.e t�'�. Q� �'o �e pravided f�rr pxincip�.l i� f�tturc periards 7`�, t�t3�. Afl 3?, �04. #�C! Z�, 5A8. Q0 131, 544. flQ l �53 B fr�m W+�r3cing �L't11P�. �7�. L�. �7�. I�RS 1953 �rf�t�a 19�3 .�1 �'t�+ld ��5. 40 �2�. �A ;@�:e £r�►m other �Eunds 7��. ?Z '�Z�. 't2 s �6 aa ��s. ��r r...., ����r��s .�r� ��n $.���rc� t� �����a 4��. a� m�� s��.�.�� �g 1�1!�3 A 3, ��5, 3t �15. 31 €t�e� t� 1q5� E'�d ?�y �.954 .A �rac� E3A 82�. t!4 ���s p�tpa'�1+� 7�, tit�9. t#iD $�7 tt�i4. Otl �22, 5�t�d�. 231, 5�#. A8 ���ead�d �I�tace c��a�tr�c- #3:+�� I1, #Q2.'��i I, �5�. 44 l�, 69'�. �t� �8, 4'�T. 54 �cxpem�ded t►ala�ce w P�inci� am+d ���s�cs� 3, 34b, 749 4, 653. t�� t�, 33b. ?9 9, �3i. 5� ��1, ��'9. 9� $�3, �12. 4b �Q�6�. �Q $�7�, 9��.'SZ ..,._...1�..•�. �t�t�d 1��3 A aAd I953 ��d fear �tr���sat p�r�ses 2�ave l�een c�rnb�x�►ed b►e+�a.uae �af ix�cozre+ct a11c�c�Lie�sts a��co�ipt� l��wreea th� tav� fww�de� �kuzi�� I954. Thess inc�►rrect a�l.cc�catfa��:s aros� from the fact #�.t th� �s�i�e�ti+c�n� awf asse�sm�e�• a�� i�t�reest �ere �at grc�pe���r all4cated ta �c c�rr�c� fs�d va �e r�acc�:ds vt t�e ta�c caliec�i�� ��th�rities. l9�hes the c�►r�ect ir�f'armatia� i,� ��ec�fved �rc��m. the �o�ty .A�ditc�r� offi.ce, the t�a fa�d� are be grrtperip s�g��g�te�, HANLEY, ZIMMERMAN 8� MOEN �`achfbft �`if�ee� �a '�"i�3�a�e 0f �xe�vkl� Ccnter S�'�'�,�Il�i� T F'��-�fll�fiR��"FIt3I+i II�` PR�J�� �TAT��I+�� @F` �G�I�`� hI�iI3 �XI�"��IT�� .A�3 �''[�i� :��S.LA�iC� Year �ed t�ec�aher 3�,1�'S4 I9#3 s�d I�S� 29�� i4�4 F�nd .1� �"`�nd C T�ata� �.���ei.�r Prcrc�s�ds c�f aal�� ��7, �4. �3 �2�, 5?Q. 3i �4, ?a5.14 �lss�s�am�at p��e�ts rec�ived d�i�g �.9°�4 $�tl, T4�. ?'b 4, 498.19 I, �b6. 48 26 51t�, �3 T�i�al l�ece�pC� �►20, 745. �b $4� 653. 42 ��3, $3b. 79 �6, 235. �e�di�re� l�'�r cr�ustru��r� $1�, �9'T. 4t! �35,14fl. 56 6, �fl4. $A f��, 942. T6 Pay�en# c►f princ£�al i� 3, ttA4. ��i 13, 00Q. Ir�te�es� �►d s+tr�rice c�rg$s �,117. T� 5 l.17. 72 T�ts,� ���liit;res �3T, �1�. i2 $�5, 140. 5b �04. �A ?9, t1f�Q. 48 .�c��,� o€ �.e��ipts Qv�r �sdits�r+e�s 6, 5 i 2. 46 7, 43I 9�3 $�3, 544. 45 E��ess: �f �er�di�res Q�►�r �t.�eei��r �#.6, 3b�. 3b� �b, 36�. 36j TJrr�e�a►e�ded �als�ar►ce '1'�e�i�nis� �3f �'+ear 1 �6 31., 18, 9b U'n��ed �la�ce, �...:....w..�w �e���er 3�, 2'9�'�!4 �1#� 't4� �r#� f�, S�IZ. 4b �I7 Q3.3. Q�� �J'n:�e�ud:�cl �t��+� st Il�cerr�b+sr 31, 1'�54 Is Se��ed l4�� �'�11��; Uuax�nded i�tla.�a��e co�s�r�a�cti�a �11 �#32. 9p 1, 859. �4 $15, b95. �Q 28, 9�►7. 54 iln�ex�s�ed ba�c:e P'�ri�ci�.l a�d intsr�s# 3, 346. T4 4, ��i3. �2 1, 3��. F� 3�6. SI �4,'T49. b4 b, 4�r �1T, ��ii. 9� �4�4 d5 �iec ��te i, �ih�t ��rwrt�e�. HANLEY, ZIMMERMAN MOEN €�c�il�it aiacteen '�'i3la�e Qf �r�sklym Ce�.��r �TAT�NT �F #��3��.A.T,� �`I��Et .A�B:T1� I3�ce�ra.b�r 31, 1Q�4 $aIAE1G� �i�BCE J�u�ry I, �cc�er �1, 19�4 Additit�rnt �erductieu�� I��4 Ir��r�est�ez�t �c� �vsi.�di�gs �€v�nici�eel ha� 1 b, �34. 7? �44, �43. #3 '��8, '�f3 ��a►o1 s��d 14 �331.1� Fi�e prt�tec�i+�� �qzaip�z�x� 1�. 9�9�. 55 i, 453, 2� 3, 443, 88 Clffice e��uips��� �d fi�rnit�rc 8�3. ?3 �QS. 3� �i 1�4. 4A 2, ��I.'Q5 �tarc+�t �a►i.ntensn�e equip�ae�tt 33,13�. 3� 5, �i 4�, 81�. �S Ptalic� eu�ui�a►c��rt �,13�. A4 6. 4� Z,144. 45 Air said �ra�ti�$ e+�t�ig�sat 1, 3�'�. 23 523. 80 1, 8b�. 23 �treet �i�€ng p�o�ect 1933 24, 9$�. t�I 99b. �1 r $�rm se�+�r prc��ect cc�rsp3e�'�e� 323, 328. 30 323, ��t. 3i� �t�ry �r��ver pr��ec# �1 c�.glet�d 4b, b�4. 43 4�, dr64. 43 �.�scxc��ti�a.1 eq�ipa�e�t 13. "�E� 13. 5a ��a. a� ��z. x�2�, �i sc�r�ce of Znve.#�e�� tar��.�ral b�z�ds a�� cer�ifics�tea S�a�te Icra� f�l 1��, 5�b. 46 ��:4, 5�6. 4b Certificate� in- de�bt��n.es:s l� 3, 5��. tlt� 4, �9A. 4� �8, 175►. �S 3..�q�aor stc+re sr�ven�+� �ertifi+��:tes 4� 9� 44, "4f1. �3 E'ies�t�s�a.l sevcsttsse 32, 7�8. t�7 536. 4i t3Q 3�,1b4. 4� Prt�p�aty Q�nvn�are� �t�a:re c�f ��se��e�er�t i�prava�nt ��stae 37A. 6b4, 43 �?4, f��4. 4� ��C�.��i�l98 �1 C Q� SS�e�a��C�t f�xgrr,mC3�att caa►�t�r �frcum �e�+�r��.t reve�ue} 24, 3�4. 3� Z4, ��4. 3i �4b�, ��:8. 2? $54, 3b7. 34 120. A#! ��►��3, �45, �►1 HANLEY, ZIMMERMAN 8z MOEN Exhi�it �teve�t�ea 'Vfilage �f �r�a�3.yn �eater t. �'.�'AT�+#,�T 4F t"`a�At�ItAL �1'��� ��4T a �tT�E'Et�T �?acesr�ber 3 I 954 .���unt Avail�.b�r� a�ci tta 'be :Pre�vidad fa�r the Fayx�e�t c�f �'reaersl Bosd� a�d I��ere�r�: �d �'°zinci� as� �te�es� Azz�vnt avai3�sable i�. sp�cia� reve�ue f�sds a. �t�s Isan fox�$ 1, Z48. 7$ �r,ar�e#r�ac�ion eq,uipa��t f�d ?3cfi�it 77$+. �6) 'Te� be �r�rided i�a fu�re period� far pri��ip�.t 26, 3�8.11 Te� b�a pr�vit��d i� f�ttuse p�ie�s ft�r i�terest 4, 3?�. 75 Tca�1 Av�itah�e a.�d #o b� Pr4vi.de� �29, 78. 75 t���r� ��ds a�d ���ras# �'�tyabla #s F�ture P'erioda: �en+�rai Ind��rt��eas �t+e �f l�+[in�e�ata �.c� ����,u $I9. St3t�. 0@ b. ��a�tructit� �+��ip�e�t �e�tifi�at�s 5, i}t�fl. �0 T��I �e�aera�i ,�d,a �tyab�t s'�4, 8�1#�. t�A Tn#e�e�t �ay�ble in F�lure Pcrf��r 4, 37�. 75 r�ods �19. 178. '7� 'I'e�t�. P�,��rl�e �t�e Fe HANLEY, ZIMMERMAN 8c MOEN