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Village Audit Report-1959
ZIMMERMAN MOEN CERTFFIED PUBLIC ACCOUNTANTS MINNEAPOLIS 2. MlNN. FEoeRa� 3-2394 August 17, I9b0 I�"x. Russell Jaries, Villa.�e Glerk V311age of Brooklyz� Cent�r Henrtep3.n C+e►°u.nty, �Qinnes+ota Dea.x Sir: �Ve have examir�ed the balance`�h�eta Qf t`he va:rious funds ef th� ViU.a�+� af Brookl.pn Cexat�:r as of I?ecember 3i, 1959 and the related ataternents of rev�aes, exgertdi�Cixe� a:�rzi surplu.s f�r the year then encled. C�ur examin�tion was rnade in accordance with generally accepted auditing standards and, accordingly, iacluded ;�uch tes4a cyf the accc��n'�i:a� r+eco:rd.� and such other a.udit prtice:du.res as we de±ea�.ed nece�sary in the circvmsta�ces. �cope mf Audit: The audit :cavered all finax�cial transacticxns of the Village includad ia the records �aintained by the Vi�].age Clexk. It did rmt inclu,de an exaxriinatiun af th�e r�cords of the Village Trea.eurer. Inc2uded �.s aa inte��al gart of c�ur e��: �ra� a review of interna,I ca�trols. Because o:f the appare� adequ�:cy and fU.nctic��i.ng nf these controls:, we cli,d nt�t e�iue in detail a11 bills pai.d during the ye�r xcor did we check all rn�n3es callecte�. ��tring the year. .�,,,�'.ub�tantial. te�t ch��cks dieclosed the a.ccounts to be generally ixY �aQd ord�r. Exc�ptian; A partio�z of the funds obtained fox recr�ation�al i�'Poses canaists t�f sma11 char�es for tr�.nsportati.on, regi�tration and supplies to variou.a indiv3dn�.ls. Six��e it was ac�t feasible �o canf�rrn �uch r�ceip�s in�depend�ently�, our �xatninati.�n re].ati�g to such chaxg�:s was limit�d to review o!f the arnounts as recorded. ,Iar our opiz�ian, with the abflve excep#ion, the ba.la,nee �heets aaci the. r`ef.ated statem�r�t� c�f reve�iues, expenditures and surplus present fairly the #inanci.a.'�.. pa�itlan of the various funcis of the Village af Bro�lcly� Cehter on Decea��r 31, I959 auc� the r�stzlt�t t�f their opera�ianB for th� yea.r then enc3.ed, in coaformity with generally accepted pr�.nciples c�f governmenta.l acco��ntirt� aPPlied on a basi� eQ�si�stex�.t with that of the 'paeced�g year. Re spectfully snbmitted, ZL�rIM�R.MAN �DEN Certa.fi�d Pub13c Accfl�t� �Y��� Luther J. oen I 1 i- Vi.11ag�e of Broakly� Center Year 1959 CONTE:NTS Fa�e Ntxm.ber ,�ir�.c�itor'$ Z�epc>xt I Financial &taternents of 1�1u:dit R:�}aarts Gcrmbined Ba�lanee Sh�et A11 Fuads I?ecerrrber 31, Z959 2�hrough 5 Gerier�:1 Fund: Ba1�..nce Sheet, De:cemher 1, 1959 6 a;�d Ax2a.Xy�is o�f �ha�ges in U�ppr4priat�d Surplus, Year Z�}59 8 Sta.tenaent t�f �v�r��a.e�, Yeax 1959 9 aa.nd I0 �Yat�.rn�nt o� Apprapxiations, Eacpenditures and �ncurnbranee�,� Year 1959 11 Stateme�t €�,f Expendit�.rea +Clas�3fa.ed by Functian, U�it, �ha.r�:cter and C?b3�ct, Year 1959 I2 ar�d 13 Speciai Revenu� Fnad�,; �orribi.rxed Balanee Sh�et, I3�cember 3.1, 1959 14 St�teme�t of Reve�ue, Expe�di�:urea and 1t�uaiEi,pa1 �quit�, Year 1959 15 B�na �a: S.a�.ance �et, Decernber 31, Iq�9 I6 ��t�men:�s o� Receipts, Expeaditu:r�s �nd Reserve for Ax�.�hori.�e�T. Expen�;iture�, Xear 1959 17 I?�bt uer�ice F`und�; �omhined Ba.lance �h�et, Dec�mbEr 31, I959 18 Statement of Revenue, Expendituxes ar�d Surplus, �'e�.r 1959 Z9 Special Ass-e�ssment Fu.nds:; CombirYed Balance She�t, Decexnber 3I, Iq59 20 Stat��nt af Con,�truc�ioa Earp��ditures Cor�pared �+ith Apprc�priation�, Year 1959 21 Statement af t?n�a.gpropxiated Surglus (Deficit) In:ter�st Year Iq59 22 and 23 M�a.nicipaX Liq�.or Fund: �3alance Sh�et, December 3I, I959 24 �.nd 25 I�►come and Ezcpen�.e Stat�xn.ent, Year I959 26 Anaiysis of Surplua Changes, Yeax 1959 27 Statenze�t o£ �t.eceipts. and Expendifi.ires af th� �ap3.ta1 F�cpen.ditures Account; Year I959 2$ 7.IMMERMAN Sc MOEN Village of �r4akJ:yn Centex Y�ar 1959 CONTENTS Pa.p�e Nwmh�er Financial. Sta.te�ents of Aurlit Report, Contt d: Pub].3.e Utili.ties F'unds �.drnparative Balar�:ce Sheet, Decernbex 31, 1959 an:d December 3I, 1958 29 �tatement uf Tncame ar�d Earn�d 3uxplus, Year 1g59 3IJ �cheduZe of C4peratin� E�spenses, Year 1959 3'1 a�:d 32 Sta�e.nzent taf Cc:nr�tributed Surp�.us, Year 1959 33 �omparative I�car�� a�d: E�pense Sta:tement, Years Enried Decernher 31, 1959 and Ilecember 31, 1�J58 34 T�orld�ti� Capi#a.l Fi�ndt Statem�n.t of �.ec�igts a�ci Disbursemen.ts, Year Iq59 35 Investr�.ent Trust Fur�dz Balance Sheet, Decernber 31, 1959 36 Ir�v�entory of Investmenx�, December 31, 1959 37 �tatem�ent c�f Earnings, Year I�}59 3$ 5chedule Shflvvi.�g Chan�es in-Participat3.ng F'u.nd II�:lances:, �ear I959 39 .A. Fun:c�s:: �ornbi.ned �axance Shs�t, Decerz�b�*.r 3I, 1959 44 Statement of R.eceipts, Expertdi'xures and Fund Bal.anees Year 195:9 4�. �tate�nent of Ca.sh Re�ceip�� a�rd Cash I?isbur�ernents, Y ear 19 59 42 General Fixed Assetst Analysis vf �hanges, Y��.r I959 43 a�t�. 44 �tatem�n.t e�f General Banded Debt and Interest December 31, 1959 45 5ugple=r�en�ka.ry Inf4rmat3.an; Rec:omrnex�.dations. and Gommer�s 46 a�d 47 Specia.l Asaeasn3:ent Funds,, Sta.xe�ent of I95S I.�evies Cer�ified for Collection in 1959; �ollections. Therenf bp Hennepin �aun�ty, and $al,anc�s Uncollected as of Uec�mber 31, 1959 48 ZIMDdERMAN 8a MO�N �i 3 i �pecia�. C=e�eral Rev+�n�q:e Total �d Ftind� As.sets -And Qthex Z3ebit� Assets 4ther Th�.n F�ts�d Cash 5Z8, �;Q2.19 �►154, 909. $I 21, 2,8'�. 37 +�ash with payi�g a�ent 361, 25I.37 Ca�th res:i 32, �95.1:.0 Z�l�a;, It} �'atal +Ga.sh 97I, ?48. b.6 $I55, l I5. 91 2I., �,87. 37 As�e:s�me�� �ecei�ra.ble: Curren� 31, 44U. 75 I}�1irYquent I2, 075.89 Deferred. 2, 299, 472. �ata1 ��se�����t� R:ecei�a�le $2, 342, 98'q; 4�4 Accc�u�s rec�iv�a.ble az�d. retv:rned cheek� 15, 365, 24 39. 00 Less: A11owa�ce for tancall�ct3ble acct�unt� 359.96 2I?.00 Tatal .Acct�u�ts Recei�ahl� I5, 005. 28 I9. tIti Inveatme�ts $i, I37, OQQ. Q0 Le�ss Un,atnortized di�sccrun.t�'- 1, 652:. 7'2 Tafi.a]. Irr�e��ments $1,135, 347. 2;8 Inve�tted in i�ve�tm.er�t �ru�t �xd $I,1b9, 928.66 3, 22�. 8? Gasrh recei�a�krle frox� Gtyuurity Treasuxer 11, b13. 62 2, 963. 13 7�. �2 T�.xes receiv�.ble 7, 565.85 �i, Ib1.56 5Q7: 02 Accrued r��e�.t�e rec-eivable 21, 275. b9 Ih�.e fr.c�aa t�her f.�.x�da �,OI, 698.2? 2I, 635�. �7 b6. 1� I�t�rc�.a.���e' ����zt�ies b7, 49?. 7b Ir�ve�tar� af m.a.teria.l and supplies 18, 061. Tt? I I, �$7. 55 Frepaid eatpenscs ab:d deposits 2, ?�}5.2T T, 004. �0 Cmrxstru.cti�n in px�o;�!ress 1I0, llt}. 83 �ash �i.th Ca�ty 2"rea�v:rer fur other units ?0, 7? Taz�s rec�i.v��ble for c�t.her �its 41�. �t� T'ot�a.;r A�s:ets #',?ther Than F'ix�d �5, 976, I23, 28 $20I, 6YZ. Y9 2I, 93b. $�i ZIMMERMAN dc MOEN S Villa.�e of Brc�ca�.y� �enter .A].1 �`ta,nc�� S G�?I�BIN�D BA�..�ANe� SHE�T p�c�mb+er 31,i9�9 D+�bt Sg�cial Mun�.ci� �'v.b1i� Investrnent G�neral B�nd Service Ag�essrnent Liquar IIti�.iti�s 'Trust �.��nc�r Fi.xed C�eneral F`unds Funds Funds: Fund Fund Fia�s.d �a.itds Assets Tndebtedn:�sa t Ii, 9'73. 8� 14, 667. l.fi Z83, �96.53 2$, 245. I3 28,198, bI 35, 123. 78 355, b40� 25 5, 611, 12 3I, 8�9, bU 11, 973. 8#� I�, 667. I6 fi3q, fi3�i.?� b5,'�45,.25 28,198.61 35, 123.'T8 31, 440. 75 I 2, Q7 5. 89 2, 299, 472. 8�? i $2, 342, 9$9.�44 258. 4i 15, Q6T. 83 I9b. 54 i:43. 46 6T, 9I I�4, 924. 37 $1, I37, OOfI. d�! I, b52. 72 I,135, 34?. 28 I�4, 23 �I, I25, 636. $.0 4{�, $b4, �1 '�`.3�v75 I, 345, 22 7, 228. 95 897. 2? 8,,�T2 11 �3, 063, 58 79, 946. 95 6'�, 497. 76 �;;'�ST3. 55 1, 483. �5 31 I. 72 1 l. �,1 I.O. 8.3 '�4�.7?' �14. 8� i 11, 973.8{� Y7, �(J3. $8 �4, 1qS, 4s:8,92 $�85, +T�i3. 31 �€�,2.;�:�.11 $1, IB�, 53� 64 4$,5.57 s S -2- ZIMMERMAN dc MOEN Spacial C�e�eral Rever�ue Tota1 Fund Fund.�s Aaset� And U�er I3,ebits A�s�t� Cl�her Than F�..xed 5, 97f�, I23, 28 �24I, b12. 19 21, 436. $b Fixed A:��ets Pub]3.c �.f�tlity p1a.n.t �.n� prc�perty 3, 497, 67�, 80 Less:: A��s�►ance fax depr+�cia�ti;ca� l I2,� 054. 55 Tota1 p�,iblic Utiy.ity` Prc�gerty 3, �85, 62I.25 F'urni�xxe and £ixture� 47, $Ob. 60 L�ess: A11o�ance fax depxecia:tian 6, 819. 53 �`c�t��. �`urn3.ture and �'3.xt�res 40, 987. 07 I.and 2, 236. 85 Buildings and iznpxav�mente 132, 16T. 8q Pa.rk properties 3U8, 995. 93 Ma.chinerp and equigxn:ent 219, 676. 5S �pecial asse�srnen,t projects coanpl:eted I, 742, 342. 88 T�tal Fix�d A��ets 5, 832., Q2�.45 4ther Debits �provemez�ts �uthorized -u�a.:s�ess.ed I, 7Iq, 304. 36 Cu�rrent charges to 196Q taxa#�n 14, 92b. 02 I4, 926, �2 �c�nd�e au�h�rxized uni��ued 1�Q, O(�0. QD Am�unt a!�a�f.ab1� for ret�re�ent of bond:s Fa, 807. 44 A�rzou;nat ta be provici�d fax bond interest �.rnd pri�3.pa1 497, Fa62. 56 I�ue fr�m Liquor Str�re No, 2 20, Q00. Q0 T'otal t3ther D�bits 2, 358, 700. 38 I4, 926. 02 Grand T`atals $I4, 16b, 852. I 1$2Ib, 538. 2I 21, 93�a. 86 1 ZIMMERMAN 3z MOEN V'i.11a.�e rsf $r�kk�.�+°n C��t�r AiX F'uad� Gt�1�IN�} �,A'�.AI�I�E �IEET I)ecember �159 IIebt �p�cial Mun,icipal Public' �nve:sixn�nt C�ea�ral BQ�vd ��erwice �s���srneat Lique►r Utilities Trust A�ency Fix�d �neral Fu.nd s Fund s �"tu�:ds ,Fund Furxd: Fund F�t.nd s �.�c �eta Ind�btedne s s tI, 973. 8Q I7, I43, 88 �4,19'5, 488,q2 �2$5, ?63.3i: 58, �24. II �1, 183, �34. �i4 485, 57 497, b75, �b I 2, �54,. 55 $3, �85, �a2I, 2� 24, 202. Q8 23, 604. 52 I b, 8Y9. 53 Z 7, 382. 55 23, 6Q�4. 52 2, 23 E� 85 132, 16"�: �9' 308, 495,'9:�. 219� 676, 58 I, 742 3�2, $8 ,T'T, 382.55 $3, 385,$2I.25 �2,�#29, 0��.65 �1, 7Iq, 304.3b $i00, 4fl0. d0 6� 8�'�� 49T, 6b2. 5� .2t�, 40f1.4fi� $I44, tit�4�. OQ �1:, 719, 30�« 3� �.2�, 0t�!#�,. Q� �5�4, 4741. �►fl 9��. $b I�'� �i�3. '�sg�-'�a �9�.2$ �23� 3,45. $�'i '.('i3� �43' ;�45.,3b' I� 7$�� 534.b4 4.�5�!S� �2 f12�4. �s5 "�SQ�� 47i) E1Q i� ZIMMERMAN,d� MOEN l,,_, �"�CC�81 �C3�@ra.�. �QY@7111t'. Z'O'�.�. llYlc�. i1�C�;$ 3.,iabilities, 4Jth�r Cxedits Aud S�.xplus Liabil�.ti�s� 4ther Tha� Lor�g Term V�sucher� pay►a.ble 4E'i, 375. 41 ZZ, 3I3. 42 581. 75 Co�.tracts p�yab�.� 34U, 95�. 3p Contr�.cts payabl�e ret�in�d pexcentage b fl63. 44 Deferred `tax re�r�nue 9, 300. U0 9, 30D, 0(� A,ccrued e�.penses ar�:d rna:tur�d coupoa.s P�Y�'� 374, 545.`92 Ct�n�ra.�cxoxs' p�rfvrxn�.n.ce depe�sit� Y3, 605.98 C�ther degoaits �,xy.d reba.te� 6�, 822. 84 L►ue to ather funda i UI, 69$. 27 1, 342, 34 9, 9'�1. 57 Cc�ra.struction 1,�,a.ns payabl� tc� investaaent trust 575, 00�, �fl Bcrnds p�.�ab1e (ciue v�ithin csa:e �ear 32,3, BUO,.qb Total L�.ab3lities-CJth�r Tha� I.�ng Term $1, 856, 16fi. 72 32, 955. 7� ��Q, 533. 32 Long Ter� Liabilit;ies ��cis payable 3, 4?8, OOQ. Of! �nterest payable in �.ture yeara gex�eral debt I34, 174, U� T`o� Loz�� Ter�n. Lia.bil�.ties 3, 612, 170, 0Q T.c�a1 Lia�li�ies 5, 468, 336. 72 32., 955. �b 10, 533. 32 �ther �ec�its �`u�i.d laa,l:a�:ce� i, 1 fiQ, 312. Q2 R.e+�erv'ae fq:r �x�cumbrances I, 771, 44 i, 758. b9 12. 75 Reserves for ixay��n�ries, �tc. 32, 888. Es5 Z, $b8, 6� 24. 40 Re��rve for a�hvri.�+�d ��e�diture� 9I., 199.72 ITx�expended agprc�gria�iena-ccrrx�trustioxi I 045, Q31. 93 Ez�cumbrance� o�. 1960 buciget 14, 926. OZ I4, 92b. 02 Reserved for band prin�cipal and iaterest 22, 6�7, 5Q 13ue ta I.iquor ;�tore }�m. Y 20, O�Q. p0 Ta�ta►1 �ther Credits 2, 39�, 7fi7. ZS 29�, 553. 3�, 32. 7`5 ZIMMERMAN dv MOEN Villa�e :af Bro�zklyn Gaat�r .A11 Fun�:s C��BTNEI� BALANG� SH�ET December 3�., �959 Debt Special Aaiunicipal Pt�blic Inv��tmerit �rr�ral B�nci Sexvice As.se�sx�ent Liquor Util3.tie�. Tru�t A��ncy Fi�ced C�;neral Fuxrds Funcis Fv.nci� F�nd F �'urtd Ftirxds A�s�ts Ind+�btedness r 8T0. 48 16, t164. 43 6, 545. 73 13, $4I. OQ 305, 597. g8 2Q, 587. 68 928. 64 6, Ob�. Oo 2, 40t1. QU 366, 180. 65 5, 965. 27° 13, 605.9-�3 3, 343. 43 F�i, 479. 41 9, 528. 47 74, 73�4. 37 l, 206. q0 4, 833. 3I IOZ, 21 j 575, 000, 00 278, 5UU, Q0 11, Q00. 00 34, 3U0. 00 $�0, 774. 48 11, 928, $1, �iQ3, 35b. �3 54, 823,, 38 73, 78?. 09 13, 6Q5.9� 142. 21 34, 3Q0, �0 $2 993, oaa U0 $I49, O�D. UO $336, 000. 00 134, 170, Op $2, 993, tiO4. Ot3 UQO. �0 $470, Y70. 40 20, 774, O8 T1, 928.47 $4, 59�, �:56.43 $2Q3, 823. 38 73, 787. Uq 13-, 605.9� 1Q2. 21 $504, 47Q. f�D �ia i�9� 928.66 3$3.36 �p, �04. a0 9I, I99. 7� �i�, 445, t�3I. 93 22, 647. 5D 2Q, 4d0. Q� �)I, I�9� 72 ,$1, 045, 031.93 :�AZ 6�7. 54 169 9 iSE� 383. 3G ,I� 7�IMDriE#tMAN .�k MO�N r �p�cial Ge�eral R��e�t�.e T�ta.l F'u�ad �ta� Liabiiitti..�s, C�tther Creciits A�d Surglu� (Cunt'd� 3v:rp�.u�. C�o��ributed surgl.us 3, 3$.1, I 71. b4 In�re$tmexit in fi�+�� aa�.�ts 2, �429, 024. 65 Un�rpgrckpri,ated surglus {d:eficitj �4�9, 5�I. 82 �I54, 029. U'9 Ix, 3rD. 7�9 �utal 3x�rplu� 6, Z�'9� 73$, lI �I5�, U2g. b9 11, 37q. Garaurd Tc�t�.s $i4, i66, $52. 11 $Z16, 538, 21 2�. �3�, 8�: (See notes to �egarate fund financ3.a.1 ��.t�ent�, The p�rpose o� this. eoxn.bin.�d ba�.a.�.ce ah�e� is :to pres�erit the financial da.ta of separate fu:nd sntiti.�s in summary form. j ZIMMERMAN 8� MOEN Vi11.a.�e of Bro+�rklgn Cen��r .�11 Fuad� C42�+S.BINEI3 �.ALANGE �iEET Decembex �X, I959 Deht Special Munieigal Pnblic Ixzve�trnenY Cz�neral .Bor�d Service A�sess�ent Liquor Utilitle� Tru�t �ge�cY F:ixeci General Funds Funds Fun�ls Fund F�urtd �'xncl Funcis Aa s ets Inrl�bte�.n�e aa $3, 381, 171. €�4 $2, 42'�, 4J24. 6� 5, I75, 41 273, 4U� 92 56, 674. 98 1 i, I�.3. 37� 5, �.�5.4I 273, 404.92 56, 574. 98 �;3, 3q0, t158. 27 $2, 429, 02�. 6� $1 1� 973. 80 I�a lt?3. 8$ �5� 414 7�'3. 2$ �323 I45. 86 $3, 443., 845. 3fi �I� I$3� 534,. fi4t 4$5. 57 �2. 429� Qz4. �5 �5Q4� 47@. �?0 s� r-� ,�.-r.- e+�� e� aF� s i "g ZIMMERMAN da MOEN Y311a�e of Brac►klyn: Cent�r G�rrseeral Fund BALAN£� �iEET I7ecember ``3I, 1959" A55ETS A.ND flT�iE�t. UEBr`I'S As°�ets �.a�h on hane� an,d ix� depv�itai:xiea $154, 909. �1 Guaarazrtee bid d�pos3ts �n han� 2Qb. IO Invested in investrner�.t trust furrd 3, 229. 8? Cash re:c�iQable frarn Cc�unty 'I'reasurex Z, 963. I3 Ace�untz�. receiva,�le 39. 00 s�a A.11�wance far uncoll,eetlble ac countr� 2 Q. 90 19. 4�1 Taxes receivable: R.ea1 estate a.ncl pera�c�m.a1 pr�p�rt� ta��st Levied in z9�$ a.x�a �Q�r�c�.�ie in i.959 $4, 2�4. 94 Pri.or year�� tax lcvies 1, 71b. 37 $5, 981. 31 S�e�ial levies assignable tQ general fund. Y�8.9"5 Sgecial a����smen�ffi for sgeeia]. s�rvic�s IL.30 �i, 162.56 Due fra�n o�her funt�:s 21, 635.17 Ineeate�r� of rr�,at�rial and. suppl.ies: Iv�ateri�.l. and �ngpli�� $7, 736. 0$: 5matY t��Y.� 3, 751. 4T I I, 487. 55 Earne�tmc,xrey elepa�it �n p�aarchase c�f la�d. No�e 1 1,, OQQ.OQ Tfltal A�s�t� $2Q�, 6I2. I9 t�thes L�eb�t� �varrent cha.r,g�� tv 1960 taxation {for �pital c�utlay} 1'�iot� 2 14 926, 02 Tota1 Assets Anr1 E3ther Deb3ts $216, 53$, Z1 LIABILITI�S, R��R.V�� AND SURPLU� Liabilitie� Voucl�.ers payable 22, 3I3. 42 D�.� to tather fund� 1, 342. 34 I3Eferred tax rev+�nue 9, 30�?. Od �t.ental gurchase plan co�nrnitment Nate 3 Tata1 Liabilitie:� 32, ��5. 7b R:;eserves. anrl Othex Credits Reserve fc>r encumbxartcea I95� budget i, 758. fi9 Encuxnhrance� oGf 1960 budget N�e 1 i4, 9�6, p2 Re�erve� for i�ventt�rie�, p�tty ca�h, etc. 12, $6$, 65 Tatal Reservea a.ud 4ther Gred:its 29, 553`. 36 Unappropriated 3urplu� $].54, 029. fl9 Tota:l L�abiLi.�3.e�, Re�erv+�s anc� Surpluffi $2T6, 538, 2l, -6- ZIMMERMAN da MOEN Vi].Xa�e c�f Br�ok].ynr C��ter C�ner�, Fw�d BALANGE �HEET' De:cember 3I, �,959 Na�e 1: The e�rra.�,st rna��y c�egositwa� xnade an a pragcss+�d $3O, t�f?0, OU p�.rchase of r�al ��tate f#r v311a,�+� purpczs.es. Na�te 2: Durix�g the 1att:�r p�rt af I95g th� vill��e �eacumbered, t�rot�,g� ps�,reha�e ccYr�smi#znent�, $I4, 92�i. q2 which ,h�,s been pr�vid�d f�r i.n the agpr�pr�.,a�3t�a t�f th�e 196Q� bud��t. t Nflt� 3 t Authfl=izeci �nemh�rs of the �i1�.a�e c��.ci1 «r� PIo�*�r3:ber IQ, 1�95� #,i.�.a�1 a contract wi..th the ��rc�w�ll 14��n�#�c�urii�:� Ctunpa�� f�ar th� r+ental-gtxrc.�sa.�e� of 24 autama.�ic vo�in;� mach3ne� at a�ost af $3�, 064. l�"Q, Th� con�rac� pr!f>vf�d,+�s that`the 1�ata1 ax�o:unt �ay be pa�.si in. fulT wi��au.t peri�.� �st att� �at,e +�r i.� may be gaid o�rer a pericad c�f £en pears with �nnual grinei.pa� ��e�ts �'$3, �Q6.4� r �ach, due �sn I�axch 1 ra� each �ear a�.d, cc�r�znenc3xn� s�x� 14Sarch ��64. Tf t.�se wil�:g� ch+r�ioB�s tcs r�� rather th�aa purcha.�ae the machira�s, �t� �.ay xe'turn th��es +�n �ritten n�tice by March 1,, 1961. Tl�e ma.chiaes al��r ma� b� rettux�i i� txf the �i�ht �uccaedin� y*ear� with the p�aYm�t crf the x�� �.nxtual3n��a��ent �iue aft�x the. reta�rn af the mac.hi,nres. The c�ntract �r�s�3�1�s furth�r #li�,t intereat at rafe of 4 Y j2°Jo is t� be paid an the u�gaid bal�tee of the ccmtract fr�t�m' �arch l 1g61. `Th� rna�chines we:re r�cei�ed b� the vi].1age i� Iq54. r ZTMM�RMAN dy MO�N V�.l1a�e of Br+�ol�,�a Cent�r Creneral F�r�.d �INAI:�`.�SIS t)F CHANCzES �T LZNt�.T-�1�RL7P�.IAT`EI? SURPLUS Y'ear I �59 A�tual �indget ��er�II�der) Eatirnate Actua.�. Esti�aate �unicigal Equity, Janua.r� I, 1959 �I42, 356. 56 $Y42, 35�. 56 Add: Ret��nv.e �22, 63�. Yt} 3`9.6,,.'585. I� g51. Q5 S T.ata.I Ba1�.nce a.nd Add�tiox�s �464, g9Q. �fi �►5�#�, 9'�1.«�� $'T3, 95I. �5 ,I�edu,ct: Agprogriati�r� e�penx3i#urea $38't1, 64b. 5fi �37�i,'�OT.7� 3:9��. 7� Reserve fcar en��bran�es 1, ?5�. 69 1, 7'S�. �i9} Adci�tia�s 1ao r�s:�rve�� for a�.�eet� �set ��cici+e fc�r partic�7.ar us�s fi, 34?. 7�i �a, 347. T6} r Tran�ffer of �.�c.+�.�t� to g�a,blic �rnglo��es' retire�e�t fun:d �1 t 38. f�I] Adju�ttr�ent' cx:f priar ��ar�' taxea x�ceiva�le 59.7$ 59.78� Tc�ta�. D�d�etio�s. �,�8�, !646. 5b �384, �12. �2 4, Zb�.'4b�' Unapgr�griated �urplus, December 31, 1q59 84, 34�, YO $I5�4, f329. b9, 6�4. 9Q �1ti1`ate� Nt�te; On 4ctaaber 7, I95'9 the �'i1la,�e Gouncil aggroved a rese�l��.ti.o� for the adoptian of th+� I960 laudget. Th� e�timated r�ven�e to finan�e the �=o�os�� i96v t����t ����a�t,�.r�s �n�i,�,.a:�a $�4� 6�8. Qfl fro:rn au�rplus�, i -s- ZIMMERMAN MOEN Vi1].age of Brt�okl� Cerrs,ter Cseneral F�nd STATEM�T C3F R:EVENLIES Y+ear 19�9 G� sud�e�k �ver{U�:er) Estirna�e A;e�l L'�-�#�.a� T axe s Taxes t�a. r��.l �d p�r�oraa]. prapexty* �235, 274. U0 $23�r,, �4�. �8 33, 4$ �tt►rtga�� r��is�r� 1�ces 1�, 5b1, 65 �0, 5b1, 65 Share of Sta.�� ci.�arstte aud liquc�r t.a3ces, 9, pt?f!, OU 9, 655. tl9 655, Q9 Per�a.�.ties ax�d interest an de�inquex�t t�es 2, 3�4.5�_ Z, 31�4,� 54 T+ai�. �a�ea �244, 274. ot� �25�� �88�'tb I�, 7b Lice�se�, F�rmita Ax�c� F3.zs�� Buildix�g perrraita 23, 298. ��i Heatin� pex�3.tis. i�, �t1•$,.TS Prl.umbi�� perrni�s II, 694� 7t1 Elec$r3ca.1 gerrnit� I I, 438. S� 3e�age and w�.ter perrr�it� 1F�, ���5,� Fines �,;��Z�'t'� Certificat�s of okccupa,�cy '�"74, t�t? Da� liee�se a�ci gounr�i f�:e� I,.535. �Q �ates �aft�nex pera�nn3t.s 1, 2�4. QQ He�.ting licen:ses f, t�26. t�Q Plurnbi� ].i.eens e� 9$f3. 0� E1e�tric�.1 licens�s 9�$, 5fI Z+��n� char�e �riid �pec3al �r�nit� 7C�4. Q�i Ces:sgv�1 cleanin� perxr�.3,t�. 573. Op �el�. permits 45�, An Ci�ar�tte 1ic�nses. 377. 00 Bo�cv�.3.�g a11ep licen�es �17. Q4 Cesspc�crl cl�eanin.g a�:+c3. ir��rtaj.lat�� licens�s 316�. Q�} B3.cy-cle 1ie�n�e 25I, 5Q �u�rvic� st�tion.li���s:e 23�. �tl We�.l drill�;ra�' lic��a�es 19q. �1G Ma1x licen�e off ffi�l.e Crarba�e and rubbish hauling licens:�s 6Q.{IQ Bia�r�a licen� e s Y 8. (�D Taxi-cab licens��s, �.Q.4q Tutal Licen�e�., Pexmit� And F3ne� 44, 4Q6. 00 8�,; q��,. 6,2 47, Q�. �i2 C:har�es F'or Currerrt S�r`rice� Recxealaicm, trau�gmrta4�.�n a�. registration 360. 10 3, 4I'T. 25 A�ss:es�m�at �sarchea 2, ZOA. �:4 F1a�i.n� f�es 225, 00 Total Ch.arg,ea F�r Current �ervices 36d, I0 5, 442, 35 5, (�82. 2� 9- ZIMMERMAN dc MOEN Vi�la:�e af :Broo�.y�t Center Gen�ral Fun:d STATF..�+i�TT 4F R�V'ENUES Year 195q Act�.a.1 Budget �4v�r �CJx�er} Est3mat� Act�a:� �stf�:a;t�e Transfers A�t�.nicigal liquc�r �e�czxe �Accaua�ti.a;� �ae���' �oo. c�� 3�4. �s f r�. s�) ��o. Ero �aa. �v� T:oika.l 'Tranaf�rs 9, �UO. U�3 8,. 35�.48 R;.eimhurs�c:rne�tt C3f E�penditure� :Qr� Beha�.f t�f k�th+er s En�qi.neeri�� fe�.� IZ., 000. a4 1?'� 763. ��4 5, 7�3. #�4 Sp�E.ial a�s,e�s�ent� �Equip��ut t3rn+e, etc. YQ,� OOtI.OU II, 3�3I. 86 I,;3�$1. 86 �p�ciaX a;�;s��s�.��t�s 7, tJ4Q.'� 0 Eq,�3.pn�E�t time, la.bor a�d mater3al 3, 364. 2"6 J 3, 36, 2�+ Light anct PQwer '�4�. �38 'T49. �8 Tt�t�. Reix�bur�+��.nt Qf E�g+c��.itti.re� Q�: B�ha1f C?f flthers $?�9� UtIU. 0�1 $.3��, 25��, i)� 4, 2�9.1�4 Uther Irrtt�r��t vn in�re�tm:e�s. 3, 26�3. b� Forfe,it�e:d caatr�.ctt�r depo.sits: 5�5� (!tT Mi�ce��n+�uu� refuad� 42Y.26 Sale of scrap, dirt, etc. Z.1'9. OT �Ci�cellag+��us xet�enue X4A.42 Caah �hti:rt I(1.5+pj Tota3. f��.�r 4, 598� 9t? 4, �98. 90 Cxxand Tcata�s $322, b�4. I O �39"b-, �$5, I5 T3, �I �al, �5 Z� ZIMMERMAN da MOEN Vi�a��e +�f B�ro►cakly7rt ��ter G+�.�r�l. �''tu�.d STAT`]��:�iT" �7►F .�'P�t4PFR.I�.'TZ�I'+T3, ��FFNI�ITU'�:�5 AN�7 �G�TI�etB�I�I�E� �aax 1'�5� APPra�pria.tit�r�.. �flver Ex�ended� �t?ver Exg��+al�cl� After U�sexpe�,d�d TIn:��genc�ed Revia3.t�ns Expendit�xr�s H��larxc� Encumbranc� APPxogriatic� Genera.l C�v�rx�rne�t �ay���r, ��uncil a.�d Treasur�r 9 ��Q, g� 613. 5(1 2�06. 96 2Q6. 96 Juc�i.:ci.al Ju�tice af F�ace 4tJ. �30 lOt}. 35 fi�. 35� 60. 35} �1ect7:oa� an+d voter�,� regi�tra�icra 6'T8. t�0 l., 736. 2? C 1, 058. 2?} i26, aQ 1, t84, 2'?) Financez �unicipal eler� See Ncxte 48, 092, Oa �46, 9U5. 3Q Z, 186. ?�l I52, 48 A34. 22 Ass�s�t��r 7, 500. (fU 397. 89 IO2. 11 1U2. 1I Accountin� and iT�tern.al auditin,g 12, 5$3. 00 �I, 16b. 34 i, 416. 6b �16. �ab Irniege�tient accr�u�tin� and auditirr� i, 50�. UO i, Sf�Q. U0 Legal 3, b00. p0 4, 301. Qb 1, 301. U6} I, 30I. Ub} Genera�. �o�ermner�t huilcii�� See Nute 3T, 05Q. �0 37, 151.. lq lUl, lq� 17. �0 �,18. 49} T'�tal G�nera�x Goverxr�nent $120, 263, 46 $Ilg, $71. 9� 391. 5b 295, T� 95. 7� Public Sa.fety �nd �cl.fare �'�1ic+� protecl�n 52, 541, 00' 53, �32Es, 66 485. 6Es} 4�5. bE�j Fire prat�ctic�n 15, 562. 00 I3,'T60. fi5 I, 801. 35 1, 2�6. T8 5I4. 57 I Prstt+�ct�ive insgecti.crn 30, 625. 0�? 3.1, 424. Z3. ?99. 23� 16, 815. 38} i Givil c�efense 1, 67Q. OQ I, 789, 20 119. 24� I19. 2(1) Nurs.ix�g �ervice 2, G12U. Utl 2, t�Z3.4:8 6.52 6. 52 A�.� Ca�roi i, a��. oa z, r4�. 7i ....c:; �:��t.7�� x�i. �rzj Tota1 �:iblic Safet� An�i �i�Telfare $103, 4.18. U� �103, 155,'93 262. C?'T 302. 93 I; 0�0. �6} Hi ghway� 62�#. 19 527.19) Ib. 20 I 543 39} E�girre�rurg 32, 02, 00 33, 1, Stre�t See Note b4, 24$. �J0 61, I53, 25 3, Oq4. 75 3, �94. 75 Equipment maintena�arce shc�p ��ee Note 32, 14t�. 00 28, 8?I. 53 3., Zb8 47 135. fl8 3, 133. 39 Street lightin� 14, Q00, 00 I4, pI5. ];I 15. 11 15. 1I} 'Total. Hi�hv�ra� ��.42, 490. 4�?` �I3?, 669. Q$ 4, 82U, 92 I5i. 28 4, �b9. 64 Recr+�atia� Superw'isitra of recr�a�ion 4, 625. �0 4, $t�7. bI I�2. 5�j ?0 I91. 2t) �a.,�.t ��n��� �a�. �oo ���.�o� z4, �3� t Swnrner py.�.}�grounds 4 9�U. dfl 4, 856. i7 $3 �3. �3� Stuzimer �ports 2, 35d, t�U 3, 755. 89 1, 4i18. I, 4a8, ffi�9j I Fat�l and v�i�st�er �parts 2, 30E3. 4� 2, 2�"4. 17 25, 83 25. 8?. T�#a�, Recr+�atian $�4, 475.1Q 16, �i9. 8'� 1,.535. T7j 8. 7t� 544.4'1} Grand '���.1 3�0 b.46 6 3 b U 8 .3 3$ 1 8 �a I $(1 4 a 7 i�.�t'.�" :9 9 2, 9 Nat�c Th� fc�].ow�xtg �are ineXu.+�ed ia ±�acpendit�.ir�� of 1959 v:hi�h �erQ prd'�id�d �r the appr+apri��i� �et far#h Xn. the 1960 buc�get: +C��xieral �v�rnm�i�t: �`i�a:��s �unicipal Clerk 232. �5 S ���aral �#�vernma�t hvildin�s 41 Y, 2b H�.ghvva.y�; i�tr,�e� 2, 4€17`. 42 �qtii�se�t n�aduteaaAC� a�g �27. 55 T�ta�. 3, i'��, 48 I� �I: ZI���l7MAN do MO�N `�yill.a�e �3►f �rc��k1� C.ent�r +�oe�t:ez'a.�. F"und I �'�'A�"El�:�"tT QF� ��FENT)�T�7��S CLAS�IFIEI? BY F"0`N����l+��s, �fiTI'�, �H�.�tACT'�. .�NI� C��33ECT ��ar 1959 Tatia�. Currem� �P�ditures T�tal Gra�d Current Persc�nal Contractual Capital Cap�ital f)utlayr. Tata1 Fxpendituxes Services ��rvices Cam:rnadit�.e�s C)tb.er Q�a.tlay's Buildings Eq�a:i.pm�nt Ge�eral �vernme�t 2�Ia.yc�r, C¢ux�cil �n�l. Tr�a.�surer 9, 613, 50 9, Ei�.3, 50 7, 312, 4b 2, 084. 10 216. 94 Judicial-Ju�tice o� P�a�e i00. 35 iOt�.35 90. 35 I0. b0 Electioa�t and vater�t r'egistration I, 736. 2? 1, 73ft. 27 8I3.39 840. 92 81.9b Finance: �ur�icipal C7,erk-��e Note 46, 9�5. 3f� 3?, QIb, 45 27, 392, T8 5, 028, 40 4, 7"3fi. 58 758. 69 8 988 85 9$�, 85 Assea�cor 397. �9 7, 397. 89 7, 35T.'77 25, 00 Y5, 12 Accoua�irng and internal auditi.ng 1I, 166.34 I I 166, 34. ll�, X54.3.4 12, 00 Independemt �.c�csuntir�g and auditing 1, 5bp. Q(? 1, 5(��. 00 I, 5a0. flU Lega1 4, 3dI. 06 4, 301. fl6 4, 3Q1. U6 Ceneral government building�. See Nttte 37, i5I. 19 9a 989. 93 4,-40I, 8fi 3, E�Q8. 32 1, 20I, 20 �'�8.55 27, Ifa1.2�i 2b, 8b1. 26 �DO. 00 T4�.1 �eneral Crts�rer�ent $II9, 87X.9[� 83, ?"2I,'T9 64, 2�3, 6b 10, 720, 82 b., $94, 05 1, $7�. 26 36, l.5(3. I1 26, $bl. 26 9, 2$$. $5 Public Sa�f,ety And ��elfare Po�ce prc�tectio� 53, 02�i. 6.b 50, 036. 4? 42, 53.2. 9*� b7. 40 4, 678, 27 2, 75?. 86 2, 994. 19 2, 99€�. i9 Fire pxc�tection ].3, 760. 65 9, 835. b7 5, 399. 53 I, 676. 9? 1, 897. 28 8.61. 8q 3, 924. 9� 3, 924. 9$ Protecti�e 3nspection 3I, 424, 23 31, I�3, I7 Z'T, 785. 46 2, 952, 2I 92. 92 272. 5$ 32I. 06 321, 06 Civil defense 1, ?89. 20 1, I32, 64 30n. 04 316, 20 2$9. 92 226,. 48 656. 56 656. 56 I`�ursing �ervice.s 2, OI3.48 2, 013. 48 2, OI3. 48 Anirnal control I, 141. 71 1, I41. 7I 1 I4I, 7J� Tatal Public Safety and Wel- $I(�3,155.93 95, 263. I4 79, Y73. 16 5, OI2. 78 6 958, �9 4, 118. 7, 892. 7'9 7, $92. 7q �are Highways Engineerix�g 33, �i29. I;9 32, 270, �7 �i 29, I75. 2�9 5�J3. 27 1, 583. �i9 g18, 7� I, 358. 22 I, �5$. 22 Street See Note 61� Y:53. 25 55, 3`Tb. 64 32, 3t�3. 0'T 1T, 1��42, I� 6, b�1, 44 5, ??6. 61 5, ??6. 61 �quip;ment Maint, shop-Not� 2$, 87I, 5.3 2'�, 4�a. $8 13, 423. T3 1, T�9, 07 ],1, 877. 58 4t}�, 5� 1, 375. 65 1, 37�. 65 Stre et 1i ghting� 14, t� 15. l I I 4, t1 I, 5. I I, 14, 415. I 1 Tata1 Hi�hways $137, F►b9. Q$ $129, I*�$. bQ �74, 942. �9 1�., 397. 45 3C1 5�3.4#� $'l, 35�. 66 8, 51D. 4� 8, 510. 48 R.ecreatic�u: �upervisic��t af recreai�:aa 4, 8.f1�. 6t 4, 46d. 3, 4I9. 80 544, 53 16-7. 58 32$. 43 347. 27 ��l7. 2? Adu1t prc�raxns 314. Q3 314. d3 2�3�. C3U 1�. �J3 Sua�er pL�►.Ir�oua.rl� 4, �56. I."T 4, 856. 1T `4, b24. �4 831. 8� summer �parts 3, 75$. &q 3, 75$. $9 Z, A95. 28 Y, 6�3. 61 Fall a�d w�ister aports 2, 274.1'j 2, 274.. �7 1, 9�7. Zi� 34�, 91 T+�#�:1 R�creati� Y�i, OIC►. 87 X3, 6�i3; fi0 I1,.'Tb#. 68 544, 53 3, 025. 9E� 32$, 43 �47. 27 347. 27 �xa�d Tc�ta1 y �3TE>�707. 78 ��23, 8:t�'1'. 13 $230�Q7�. 5� 32, 675. 58 �7, 3SL,�84 �►76,16 52, 9OQ, 6.5 26, 861. 26 2b, 039.39 12 zx�n��xxnasrr ao axo��v YiI1a ge of Brac�klyn C ente r C'ser�exa7. Fund STA.TEM�:NT C�F �XPENI�ITURFS GLASSTF'IEB BY F'UNGTI���� UNTI', CH�1R.A�T�t AND �BJECT Ye,a.r 19s9' Note; The �cs�.l�aw'in� ��re i�cluded in r.�gse�rditures whi�h apglied tta �PFr,�priatio�.� s�t fo-rth in the Y9�0 buci�ett Tatal agital �apital t�.it1�,Y Qtxtl.ay f3ui.Idin�a Equi.p�ae��st C�er��ra1 Gv�er�nent Firw�ric�;��a.n.ic3pal C1�rk 23�. �5 232. �5 Gener-al gr�ver�xr�.ent builditngs 4l. Y. 26 $��.1. 26 Hi �h.ways St�eet 2, 4�7. 42 2, 4C�?, 42 Equip�n� mai7atenax�c€ ahc�p 127. 55 127. 55 Tnta:ls �3,178.4� X. 2�i �2, 7�7, z2 13 ZIMM�RMAN d� MOEN Vi11a�e of Broc�-klyn C entsr Specia:l �t��enue Fund� CQ�IN�II BAL.A�JC� �IEET` Dece�ber 31, 19�9 Special Pot�r Paxk B4ard Bo�d �Z..evy Total Fund Ftuid Fuaad Aesets Cash c>ar h�.nd a.n�d. in deposit:�rie�a $21, 287. 37 9��4. 33 3 b95 56' 9, 667.48 Ta.x�� rece.iv�.ble 1958 'ta.ares. payab�� in Ig59 3�2. 08 Ia9.On' 233. Q8 Ta�ccea r�c,�ivable priox years I64.94 bb.23 98.7I I?ue fro� ather fwr�l:� b6 15. bb. I5 Cash with C.��t� Tre�.s�ar�� 7b. 32 Za, ?2 55. �►d Tt��a.l Assets $21, 936. 86 I20, 28 4, Y49. lA 9, �67.48 L�iabi.�.i,ti�:�, R�-s�rves a.�:d Surplua Liabilitie s�: Vouchers PaYala�e 58Y. T5 321.6g 2b�. 06 L�ue t+� oth�r �und�s 9: 57 64.47 2�.'�. Er2 9, �67. �8 Tatal Liabilities.' I0, 533. 32 38b.16 479. 68 9 667, 4$ �.eserves encumbxax��ea I2.75 '�2.'� �t.e�erv�:a P��ty� ca�h 24. 40 20. a0 T7na�prr�pria.ted aurplua 11, 37U. T9 7, 734, I2 3, 636. 67 nd Surplus ;$21, 936. 8EZ 8, 120. 28 4, I49. I� q, bfi7. 48 Tat.�.l Za�.abilities Reserv�s a 1 t -I4- ZIMMERMAN dt MOEN V311�.ge p:f �rot�l�yn Genter �peci�.l R�vernue Fun;ds �T.t�T,F.�ENT tJ�' R�VENUE� E��NI3TTLT�.E.S AND ,I�UNICIPAL E�2UITY Year 1959 Spe�cial PoAr Pa.rk ,�a:rd �md Lev� Tortal F'uad F"t�d Fu�ud. ]�riun3.cfpal Fq.uity, Ja�x�.,a�ry* I,, 1�}59 $I5, �86. �4 396.92 7, 9�9. 72 D�duct: A,1lncatic�n aid,�ustment of prior ye��.' t�e�. 94 4; 9� .�,a�u�t�a ����.pai Eq�ty Jant�.ry 1959' $I5,:3SI. 7Q 7, 39b. 92 7, 9$4, 78 t Add: R:evenw,e Crenexal property t�c, spgcial iE�:�� ��8, 24 �i6. sb �i�, s��. �a R.elief grants 25�a.51 255.51 Dona.tio�s fr�cmi private s,ources 4i�4.3a. 4Q4.3.0 Rents 2., 827. ?5 Z, 827. 75 Conc e s sion� 57. 35 57. 3 5 flther 22b.1? �26: T 7 Total R�venue $22, 647.32 6, 272. 37 ��i6, 3�4.`9�5 I7educt: E�pendi�ure8�. R�1ief ord.�rs 5, 935, Z7 5, 935.17 �a�.ari�s. anci wa�e� �.2, 648. 69 �12., �a4�.`�i9 Travel-c�n.fer�c�a-schools 195. U0 T95,:0� R.epairs, Yria3.ntena�ce ar.�d ui:iliti.ea 2� 9`32. b2 2', 9�2."b2 �upplis:s ar�ci materia�.s 435. 39 #35. 39 e Equ%gmer�t reatal aaz.d �perati�n I, I03."32 I, I03. 32 In:su�ance 444. Oq 4�44, 09 Profes�3anal a,�d cc�r�tsul�ant a�xvic-ee 239.50 239.5Q Dues b7. 94 6T. 94 Capital outla.ys_ furxut�re 658, 52 �5ti. 52 Ca.pital ou�lay� machiner�r I, qI4. 04 I, 914. 04 �agital ov:tlays i�nrrgra�vres�ent�s 51.24 5I.20 ToYa:1 .�cpexrldit�ares �'Lb, b"L5. 4i3 5, q35. l.'7 $LU, b�t7. 3i 11+tux�iciga�. Equity (R��er�res and 3urpl.u�� IIecembex 31, I959, $Y I, 4q3. 54 T34. 12 3, �6,�i�.42 S I5 ZIMDZERMAN da MOEN V'illa�e vf Broakly►sx :Center v k Bond F�.tnd BA.LANCE SH�ET D�cezlaber 3I, 19'59 A�S�'T'3 �ash I r, 973. Bond:� :�.uthor3zed uni�su.ed 100, pDO. QQ 'Trcrtal A�aets. $I T I, 973. 80 t LTAE�,ILITI�S AND RESER.V`E �C)R AUTH��IZ�D ��NI}YfiU�t.ES Vouch�;rs paya.ble $?€�.'4$ Contract� pa.yable 13, 84�.. OQ Contract� paya.ble retained percentagc 6, 063. t�0 'Total Liabi�iti�� �0, 77�, t�8 Res.er�e far au#h.orized �xpencii�urc�s_ 9�, Yq'9.72 To�ta.l Liabilit�es ax3ed Res:erve for A.u�.horized F,�p�r.rdit�.ires ��,11, 973. 80 r.. -16- ZIMMERMAN dz MOEN s Village of Bxo�klpn ��n�er Bo�.ti �tln,ci R�C�IPT'S, ��N`DITUR.ES �4ND RESER.YE Ft��t. A1J'TI-�4RIZ�D ��'`�D�T-URES Y�ar 19 59 Paxk BQads .8eserve fox Authori��.d Eacpend�itur�s, Janu,�,ry I, Y9�9 �2U2, 53.6. 53 Ueduct: �`acp�n:dit�xre s Park atcrqui�3t3.,�ns s Fr+operti.e� I I t�, 10$. fi4 Band �xpen�es ansi g�.a.nnzng I, �28. IT Tc�tai Exp�aditures Note I1I, 336. 8I S R:eserve far Authaxi�ed E�pe�dit�xre� 91, 199. T2 "ser S Nate: Th�e °tc�tal �xpes�ditures. for park properties in I959 ama�.nted tt� $1�6, 45I.81 ax�.d irr�lud.�d pxogext�es in #he original p�irchas:e which �he park bc��.rd d:id n4t w3.�h to reta.�n. The sa1e� prcAC+eesda af th� unwanted �rap�rti+�s axn,�un�ed ta $5, l i 5. 00 a�d v�►er� agpli�d �.gain�t the cari�ina,l. p�urc�.a.se grice ta arri�e at �he co�t af the retaiaed graperties. t .t -17- 7.IMMERMAN dc MOEN Vi11a�e cc3ff Brov]�.y'n �enter Debt Service �'`unds. C�MBINED BALAN�� SH�ET Deeember 31, 1959 Certi.ficates af Fark Bdard Iaci�btedri�ss itedemg#ian Red�ptian Sta.te Lcaan Tota]. Fuxid �"ux�d F'uxrd A�r� Gaah nn lzand and in depa�ita.ries. $14, 6fi7. 16 $lI, 565. 63 3, iQI,'S3 Taxes receiva�bl+e Xq5$'taxes Pa.yable in: 1959 �61. 53 2$2. 94 4�t1. T7 27. �32 Taxe� receiyable prior years 1'35. �4 111,99 23."T5 In�vested in i�ves.t��nt tru$t fun�d. 194. 2,3 194. 23 Ca�h with Coun�y Tre�surer I, 345. 22 49. ?2 98 I,196 54 Total As�,ets $17, �03.8$ $I2, O�J2.52 3, Tb3.25 1 I� Z.iabi9.ities an,d -Surplu� Liabilitiess: Accrued int�rest 2, 4UA�. Q0 Z, 4d14. 00 Uue to other funds 9, 528.4? 9, 5:28. 47 Tata�: l�ialailiti.es $II, 928.47 $lY, 9Z8, 47 Unapgx;opri�.ted eurplus 5, I75.4I 164. 05 3, ?fi:3. 25 I, 248. I 1 T'ot�:l Li.abilities and �urpl�' $I7, TD3.�&$ $12,.�fl92. 52 3, 763.25 1:2�8. lI J -zg_ ZIMMERMAN MOEN Vi].Ia�e of :Br€�aklyn Cent�r Deb$ S�rvice Funds �'�'ATEIuiENT C?F REVENIIE, EXP�ND�TUR.ES AND SURPL'US Yeax Z959 �extificat�s t�f Park Bskard �i�debt�dm� s a Rede�p�ioa �i.eei�ptio� Sta#e I�o�:n Tata1 Fund Fund F'tit�td. U�a.pprapriated Surplu�, January 1, I'959 4, 751• 64 804.9Q 2,, 63�.2�1 �i 1, 31b. 54 Add� Adju;strnent ta recard d�linquent ta�es unc��lecte.ci as c�f Jax�ua.ry I, Y959 not previously re.corded 61.12 ,:�i 61.12 Deduct; AI.1oca.tit�n. a.d,iustrnex�t of priQr ye�r s' taxe.s 3. 3� 9 3. 39 Adjust��. i7nagprapriated Su�plus Jasr,ua;x�*, 1, 19`5'9 4, 8Q9. 37" 844. 9U 2, 6�6. $1 I, 377. 66 Add. Revenue �ene:ral property tax, special levies :$42, �58. 53 $I5; T�O; �24, SY2.69 I, 5�5.45 k Earnings frcun inv+e�tment trust fu%r::d 19 8, 65 I9 8. 65 Total Reve�u� ��2, 257, I8 �15, 909. 04 $2�, 812. 6`9 ��.,�535. 45 Dedu.ctt Expenditures� D�bt retirem�nt :$21, 800. O4 $20, 500. I, 3Qa. UU Int�rest and s�rvice .cha,r:gea 2Q, 091, I4 �16, 549. �9 3, 1'�b. �5 3b5:. OQ Total E:xpenditures, $4I, 8q1 $16 549 89 $23, 67(s.2� 1� 6(��. OQ Unapprogriated Surplus Decemb 3I,� 5, I75, 41 Ib4. 05 3, 763. 25 1� 248. I1 S S ZIMMIDRMAN da MOEN S Camb3.ne d Total Sto�n S,an�.t�.ry .A11 Funds ��wer �1 �ewer �1 As$ets Cash c�n hand a.nd in ba�k 283 996. 53 8, 759. �5 4, 22I. 7Z Gash on har�d, Hennepin �ur�.ty "Treasurer 7, 228. 95 64.22 Fun�i� on depoai�. w3th Payixx� Agent 355, b40, 25 19; _640. 4�fl 3, 503. �30 Temporar�r i�a.ve�.iz�aents in Inv��tment Fuad 1, 125� 636.80 34, 52�. 61 $,892. QI 'Tez�pvrarp loan� due frr�m other funds. 79, 996 95 �i�sessments rece3.v�a.ble: I958 l�v,f** coXl.ectible in �959 �Principa;l and intere s�} 3 i, 44Q. 75 I-, 445, b7 �3,13 I}eLi.nque�nt (F'rincipal a��� intere�tj I2, 0?5, 89 I, 234, 87 '�S. 27 I��ferr�d a.ssessrne� (Principal +�n1y} 2, 299, 472, 8U I47, 8�42 71 22, 962 93 A�,ae�s.�:�le in f�tuxe �*ear�: Csexrexa]. Village �hare 142, 166. 21 Benefitted prop�xty c�wners Y, 617,138. 15 S Tt��i�: ��s 9I4� 793. 28 �2I3, l I T. 73 3 �a 7�1�. b5 S Liabilitie:� R:eb�.t�s papable 522• 45� CQntracts. gayable 3.05, 597. 98 Depasit�. tPa:rtial asse�c_srnent PaYx�.ent} 2, 824. 98 I�u.e.t�a- othe� funds �49, 734.37 7�.tere�zt accrued, br►:rs�3.s ax�:ci con�tructiox� 7.oans I 0, 54Q, t�.t� �atur�d cc3�u.pon� �.nd bonds avt'preaented tca Papin� Age�r:t 355, 64fl. 25 19, 644� 0(I 3* 5U3. 00 .Bond+� gayable 3, 271, �00. QU Iq2, 040, 40 29, flOQ.Ofl Tota.� L�.a�ailities $4, 59b, 355. 43 $2I1, 6�(� :+��1 32, 503. 4� Apprc�pxia.#an Balax�ce� and Suxplu� S Unexpen.ded appropri�.ti.ca�s (Ueficitj Ca�structic�n I, t��5, 03I. 93 TJnappropr�i.ate.d surpli.�.a �D�:ficitj Inter�st 273, 4f�4. 92 1, �71, 73 7y 21&. b5 To�l. $5, 9I4, 793. 28 �213, I X.I. 73 3�, '�Z1. Q5 ,a,m.,� ZIMMERMAN 8c MOEN Vi11�.�e af Broolc�.y� ��ter Spee3al A��es�+�u# Fu�c�r ���d�IN�D BA�NG�. S�HE�T Llec�rriber 3I, 1�35'9' I I� I953 AB I954.A 1�}5� C I�55 A Iq56 AC 1956 Iq57 AB 195$ A �958 B 1;959 AB 19bU A I �i t 4�.� Et 1 7''E3 QIj 85� I6 4(�I, 42j 22, 202. ?'Cf 59, 87 48 39, Ea58 91 54, 4?6 9b Z7, 599 61 20, 8I3: 33 692, 74 73, 239 Y9 I, I7. 68 8, 53 453. 5� 2, 293.4b 941.56 2, 744,:�3 297. 50 408, 3i 3, 328. 75 4, 315. UQ 2, t?�6. 25 38, 613, 75 84, 947. 25 52, 8O�a. 40 7I, 636. 25 48, 465. 04 26, 330, !�0 I 35. 4Q 6, 844. 38 3. 82 99s 4I0. �H 335, b44. 82 104, 22�.42 4U9, 8I4. 74 14, 747. 58 Il�, 935, 9� 9: 667. 48 30, I3t�. 53 34, IaZ. 51� 6, Q9�, 44 I, 8'?. 41 5�. 22 47. 21 4, 71b. 03 9, 611. ��i I, 4tt4;�21 �a, Q20. b3 7, 62q.57 I, 32'�. I7 430. 64 505. 83 3OQ. 98 37. 50 3, 379. Uq 3, 548. I3 2, 1:2g. I9 862, 0� i 1I, 763. 3I I I, 650, 37 2, 849. 95 22b, 935. 43 542, 8bI, 94 I65, 24�, 29 288, 7�i5. 27 453, b51. 99 162, 346:. 75 262, 592. 86 8, q 16. 2I 93, 25U. 04 505, 438. I5 I, 111, 700. 00 I5� 3I5. 37 24 03I, Ei4 4� 593. 31 �4t)4� 9?$. 12 _$1� 038� 55 54 $4 05, 458 32 $867� �21 9.I �552 391, 25 �4I6� 41I� 50 865. 35 _$I� I84� �39. 19 ;x:.. �r s�- b. 384. 52 14, $6 91, I2 25, 18 I, 26Q. 00 233, 2?'4. 57 71, U63. 4X 2, 820, 98 657. 26 1, 017, 25 34, �02.50 3f�, ?23. �7 283, 234. p9 340, �00. 00 8, Q73. �0 2, 467. Q0 3, 328. ?5 4, 3I5. 2, 056. 25 38; 613. 75 84, 947. 25 52, 8Q5. U0 71, 6.3-6. 25 48, 46�. Of� 26, 330, D� I7� QpQ. �I0 ];7;� Q4Q. OC) Z� 5C�4, E10 349* �G100. tlQ, 870� i�UQ. (�l� `3Q(�I� AQ�1. 44 674, OOQ. OQ +1�9'S� �14Q, t?4 3'T0� �?00„ QO i 20� 32$. T5 2:1� 3t�� OW �'i 4� 5�3'. 42 :�351 51 95�. 9�. �6 �388� Ib7. 50 $?�2� 450. '-�5$3� 4b�. 0i? `,'�3�ft� 3:�Q, OQ $524, 607� 24 3?3� 530. 4I Y2, TIB, 21 12, 4Qb,17 8,.584. 2�� 2Y7, 083. 03 $Ix, 408. 7�3 OL3, 38} 2, 7'16. 64 3ft. �9 53 50I. �iI b9, 85fi. 9T I7, 2�"Q. �32 94� 9�1. 27 3,, 47�.92} Z8, 66.",�.76 b, l�i 5. 08 15, �15. 37 24, 031.. b� �93,,3I �404, 978, I� 1 038 554. 54 4t15, 458..32 $867, 42I 9i �g52, ��i 2� �Ib, 4I1, 5Q $7�7, 8fa5 35 �1, is�, 9�9 19 _20_ ZIMM�I28dAN d� MOEN s S �fiiL'1,�.�e of Br�oahly� Genter �P�ci.al A�aes��.ant Ft�:d�s. �TATF.�++I�;�TT �F GQNSTRL��TICaN �ENDITLTRE� Ct:?2�P`AR.�I? �I'PH .AP"�'Rt'�FFrI�i.3'I�I'� Dee+ember 1959: Tar,.� All I955 .�i I95fa AC �956 B �q57,A�3 1958 A I�58 B 19�-9 AB I960 A F`u�tds Fund Fund Fun:d �'und F`u�d Fuxr.d. Ftxnd F`und Agpxopriatic�ns t(3rig�aal as :on January I, 1:959"j $4, I.3.9, �Yq. Z8 �517: ap4. Ot1 $1, QE35, QOp. 00 $556, 640. bU �?`48, 4�fl. 04 �530, QOQ.Ofl $�I05, 337. 78 $297, 473. 00 Add; Additianal appropriaticins d 1 5 I bZ2 7'Z f# 54I, U29.90 $I, 111, �'Ut�, t�0 urin 9. 9 Tata1.E�,p�t�pria.tit3xs.s,: �5� 7�`s2 5�t�. fi$ �5I7� f�1fl0, �1, b85,,OQ4. 00 $55fi� 6QU. bU "�'i74� 4tT�. (�i) $53�� 040. Q"0 �40�� 33Z. 7$ "$798 5Q2'.90 $I 1I I� 70(}, 00 e I?�du:cfiz Appr+apriation �xpenditures Ilurin,g year 195q 7�#$, ],74. I7 65?. 2fi I, 123. 81 1, 359. $4 53�. �2 12, 175. 56 5I3.96 $423, 5I8. 5Q 3�0,: 291. 22 During pri�r �r�ars 3, 933, 0'90.20 5I4, 7'8.8. 69 I, OTl, I57, �j8 552, 065. t}$. 726, 35t1. 73 5n5, 41$. 2? 4�5, 4�8. ��i 157, 901. �T Tot�xl.Appr4priation E"�ncli,tures $4, 681:, 264. 37 ',�515,�5. 95 f�72, 281. 79 $553, �2�. 92 $72�i, £i$4. 75 �51?,'593. $3 $4I3, 922. Q4 $5$1� 419. 87 3�� 291. 22 ITnexpen.�ecl �alan�� $1, Q?I, 276. 3I I, 554:, 45 12, ?18. 21 3., 175. Q8 21, 515. 25 12, �Ob. I7 8, 5.$�4. 26`� �2I7, 083, 03 8I I, 40$. 78 S Iaesss Transfers of unused i appropria.tiona to debt r�tirement purgasee 26�, 24� 3$ I, 55�. 45 3, I75. 08 2I, 515. 25 Unexpended Apprapri,ati.an� {Defici.t} Dec I, 195�" $I, 045, �3T, q3 -0= 12, 7I8. 21 -0- �r -Q- 12, 446.17 584, 26� $2I7, Q83. U3 811, 408, ?8 e ember 3 v ZIMM�RMAN dL MOIDN f ��-a. Tatal All. 3torrn S�tn ttary �'unds Sezw�r ��1. Sewer �Y Unappxupriat�d .Surplu� �Defi.citj Interest s���� ���9 �9, $4�, 4s �ry 6, �5�. Aa�.gt�:��t$-: Ad3u�trn.ent of del.i.nqu.ent a�se�sme�ts to actual ag per caunty 3, 810. 3�9 Y�) 17. 69�' Tr:ansfcrs �(�ee Nate 1j IJnappropri�:ted �urplus After Adjua�enx $3 65�..$? �1Q• b5j �i: 535.4� i ,Add: Rec�ipts du.rix�� 1959 Exc e s a r e sul.ti�.g fr+am additiox�al a�athorized levies �146, 99�. �8 �za.ppl�menta.ry a�aes.sment� xn�e 4, 15�.6g Int�rest incoz�e an current 1�vy ITi, 65I, 40 U2�i. 3T 1, 3I2.4I Ixaeci�ae an tempar2�.xy ixive�tments 29, Y94. 43 33�� 3'9�.42 U�us$d con;struction app.r:opriatinne traarr�ferred in 26, 244.. 38 `Total. Receipt:s $378, 236. 48 9, 365, 73 Y, 'T08, 83 i Dedxa.ct: F.�penditures c3u�iri� 1959 Reb�tes 1, X43.34 Ir�terest `expense I45, 840. 35 7, 2��?. f1i� Y, t�`b6. 4d Faying ag�st' charges 8'Qfi. 4� 3.8. Zt� 9. T5 C.6�tx�ty rel�. charg�s �736. 30 �55,15 1�.45 Total �xp+�nd.itv:rea �148, 48�r, 43 7, 38�. 3� 1, fl26. 2R3 Ux�appr�pxia.t�d �urplu�. (DEficit� 7�:tereet U+�cer��ber 1�59 $273, 4t34. 92 1, 47 73 21�, 05 ZIMMERMAN B� MOEN Yilla�e of Brooklyn>Cen�sr S��eia1 A��e��xnent E'�n:ds ST"AT�dEN'T QF UNA�'PR�I�'RSATED S�URP.�US �T.�R.EST Ye�r I�59 _X.953 AB I�J54 A I9'54 C Y955 A 1�56 AC I�56 B 1957 �i� 1958 A 19�58 B I959 AB k'`urnd �"und �'u.nd F'urni Fund �`ursd F`und �'"�n,d F�nd Fund 239. 83} 84I, 24 $(2, 232, 95} $�46, 727. 37 $32, 343, 10 t�1'T, 53.Q. 74} 2, 491. 35 �$��5, �37. 67y 7, 329.99) S 17I. 35 I, 555. Q4 2Q9. 02 37.98 I�, 2$q, 55 504. 72 I3U. 56 2, dOd, 00 2, QUO. QC�} 3Q, I�O, 53 3U, 130, 53� II 5, 068.48 2, 3'96. 28 23.93} �4�, '�b5. 35 �33, 632, b5 $13, It3�. 5I $�27 b2j ($la, 937. 6'7'� 7, 329. 99� I S $26, 836. 77 9I, 563.48 $2$, 59b. 33 $22. 2b 3, 33I, 4g 498. 55 62I. 59 174. q�i I5, 3b6. 417 35� 843. 52 �I1, 838, T7 32, 79�. �3 $38, Q43. g7' 2Q, 742, 38 6, x85. �8 I 38. 05 349. 42 3. 8b 3, 025.4t� 9, 251.90 2, 22$. 34 9, 845.97 773. 2$ 1 q38.43 1, 554, 05 3, I75, 08 ZI, 5I5. 25 736. 60 9T1. �I I83. 82 $20, 767. Z2 $75-, 2b3:, 68 $I7", 24I. 59 �155,fi17. 73 $3€3, ST7. 25 �5I, 277. 14 6, I85, 3S ?59. 4Y T5. 32 269. 01 657.50 63Q, b0 112. 5i? 1,I, OS.2.5� 38, 4�2, 50 �I2,�95D, 40 32, 332. 54 $26, I35.Ot� �15, 161, 85 I5. 75 I7, 00 I2. 54 b-7.7�I" I?7.49 74, 88 15Q, 58 1�6. 6Q 85.99 8. 25 3. b5 4. 60 I22. 25 29�. 05 3�3.4Q 85, ?5 b7. 9f� 33, 55 I-U. 3� f�BI. 5Q b^50. 65 �'i 2�. 6(? �.�,"���f) '��9a 3b '�13, U�.. Z$ �'i3Z, �33�, �34 $26 3'T' U �IS, 7�1. 39' �J, :3(l QI3.3f3� 2, 7I6. 64 �tT. 2� $53, 5:0�. �I $bg $56.9'? 29Q. �Z �94, 9� 71� 27 $(�3, 92 $2� 65.'�b 6,175. tl8 S j 2Z ZIMM��MAN dc MOIDSrI': ,t-,b Villa.g� of BroQk�.yn' C�nte:r 5pecial A��essnaent Fu�nd.s ST.�TEIu[EI�i`'T` LaF UNA.PP�C?P1�IATED SURPZ.II� iNTER�3T` Y'ear �.q5q �T�JT� I: The trat�efer af $2, U0-(d. QU from th.e 1q55 A Futrd xo tlie I954 C Fund �as atxtharized by �khe Caur�cil on Mareh 24, 19'�9 far the purpc►�e uf coxr�c#�g an i7r:�quity betwe�n #he funds vvhi.ch resu'lt�cl b+�cause the: a�sessme� au.d the collsct3.vn of the c�rst$ of certa�ia �a�rGC�t t�3.],ix�� pxa�ect� were tran:�act�� ��:d�x the 1955 A Fund while the authari�stiaa �.nd the financing c�£ the�se s�ne gr��e�s were handl.ed in the �.:954 C�und, T'he tra�.afer c�f $30, I.30.55 frorn the Iq57 A� Ftin�l tca the Iq'S�i B Fu�d. w�a� �e��:s,sax°y�"t�. a�d,,jea.s�� aii i�qu.i.ty whi�ch esi�:�ed. be�een �h� tw� fu�ds and tcx provide a pra�ica�. meana cc�ff r'ecoz�.ing �.e cc�ll.+ecf�tt�u of a�:s�e��ent receipt:s relating ta the projeet�. invalved, The irrequi.t.p'was cs�s�d hy the f�1lo�vin.g ��quence c�f ev+r�ts: .I�.it�al7,y, certain prvjecta were aui�ori$cd, cQns:txuct�d and �s.a��sed to the be�aefi�ted property owriers under :t�s I'�56 S Fu�aci�, but- th�y wexe fin�,nced by the issuance caf boads uiu3er the Iq57 �AB F'un:�d. To coxr� this situati.ox�, the f3x.�,a.nc3.ng cc��ts �grincipal �nd in.t�re�t an: �baad:s p�.ya.b7.�r} were paid tc�: the I957 AB Fund o.ut of the 1�5�i B�''uad. �t,ib�equently, hrswev�r, the c�sts. of th� prc���,cts. a�a:thorir�ed unde:x the 195b B Z�'u.�d alt�:� with i�er-rela.t�d �src��,ects authori.zed uxscier the I957 AB Fund v�ere errfln��;slyr ass�s�.ed u�rri�r the sams l�vy ncumber. Beca.u�e of tlus �rrar, a���sament re�ceip�ts ca.n be 'praperly allocated to the tw� fuads only after a ca�nplete d,e�„i.led aaialysis is made of assess�:e�ts.a�+�cei�cred �,tscl+er the o�e 1$^�r n�ab�r. Tc� obviate the a�eed f+Qr such a11�ca�I.c��„ �h3s transfer is n�ade sca that the a:sse�sx�.�nt receipts un.der the ar�.� levp numhEr can all be credited to the I q57 AB Fuad. -23- ZIMDdERMAN 8c MO�N w Yi.11a�e t�f Br.��1�n �Genter l�uruci a.l Liq`ta.trr Fu�d BA��+fiCE 3H�ET I?ecex�ez 31, Iq59 AS3:�'T� I,.��ABIZ.�ITI�S ANI) STXR.P'I.�US Store Na. 1 �t�r� N�r. 2 4 �t.ore No. 1 �t.�rre No. 2 6445 L�cfiale 625U C3ss�ev �'toad ��rnbi�ed ��#45 Lynda�.e �i25t� Qsseo Roa,d Go�bi��d �ur�c�nt Assets �urrent Liah3lities Cash an hand ax�ci in deposftari�� Acco.unts Pa?rable Cf�peratixzg -�p.erating aec�t i4, �80.4$ $�:3, 8b4. 65 28, Z4�. 13 accannt fi, ?17. 8, U28. 80 I5, ?46. 3$ Cash. in bank -�i.e'�r�nue c�rtatficate Aceaunts pa�a.bl+� C�gital accQUnt 2, 854.15 2, 854. I5 exp��r�d,i �e�a.ccount P 3.18. 05 3x 8. 05 Caah iaa bank C�gita�. expend3ture� Guntract� b1,e Cat ita�. I accauz�.� 29, �34. 85 29, 034. 85 e�pen�ciiitv.r�e� account ZQ, 587, 68 20, 58:7. b8 �ash on deposi.t: with payin� a.g�n� 5, 61 I, I2 5, bI I, 12 IIta.e t� crther ftinds Capita:�. AccQUn�s receivable �Rettuned ch�ck�, e�spenditures account 1, 2�6. 00 I, �06. atl $25$� 41 ]:�si.s a1lc�wance f�r uz�co�.lectibl+� Due t� Liqu�� s��are Nt�. 1 24, 400, 00 2fl, 00�. Oi7 checks of �196, 50� bl, 9I 6!, 91 Accrued ir�exest Payable R.e*�env:e Uue from Liquor s#are Na. 2 2U, �lOd. 00 20, QOR. QO certificates. 354.15` 5, �ll. 12 5, 965. 2? �ierch,andi�e inventcyry (�.t xep�.acexne�t `�ertifica.tes pa.yable ]]ue with�.rs trne cpst 41, �50, 69 2�, 947. 07 �i7, 497. 76 year ��.ee helaw) �i, �40. OtJ" 5, 000. C10 11, UO�. �0 Inveslm.ent in Invest�:exlt Tru�t(«�►.t ct�st} 40� $6$. 01 4Q, 86� D1 Tvta.1 ��rrerr�t Liahilit3.es 14� 071, "�3 6��, 75I. 55 74, 823. 38 Frepaid. ��pen�es 8?2. 74 6i0. 8I 1, 4�3, 55 Tatal Current As;set� $t2�, 522. Q7 '�5, 130.41. $I95; 652. 48 F:%x�d As.sets. Lo�ng Term Liabilities Furrs3.#,uxe, fixtures and equi�n+�nt l I, 236. t�3 I2, 96b. 05 24, 202. U"8 R,even�a:e cer�kificates. payable Leas: Pro:visit�n.for depreeia.titm b, 455.4a 364. I3 6, $I$. 53 Note 1 2U, Q00. 04 $14-0, U00. �0 $1�0, 0�0. 00 Hank Va.rue af Fixed A��et� 4, 7#�0. 63 12, 6�1.92 $�7, 3,82. 55 I�essz Parti.un due withi.n one year 4��e abov�j b, 06fl. �Q' S, OD�. 00 I I, flU4. 04 Tat�.]. Lang� �erm I��.b3.lities I4, 4t��, Ot} $.I 35, f1-tlQ. Ut1 $I49, �300. Ui3 Other A�;s ets Su.r�Ius Constructian aci�t'ances Muni.cipal 3txrplua re�erPed fo� g�.r�i�a7. a:rid builciin� h��ein� Liq;uar �L�erre I�o. intexest Nckte 2 2Ct, �55�. 99 A91. 51 22, 6�47. 5tJ S in grra�es� $I10, I It?.83 $114, 1it�. f33 �ii:rpli�a re�e�red fmr �r�Ci.� capital. Z;q, OGtO, Q� 2�0, (1flD. 00 3urgitts -�ra#�q acc� 674.98 �6, 67�. 9� '�c� �7s 2.�`A.97 2,, 0'9i. 51 99, �2'�. 48 To�.1. A�se�a �i25, �Q2.'�4 $Y9�, 8�3. �.6 $3�3,145, $!s Tc�a1. L�.br.�iti,�s a�l. �tZ:S Ta ��.97, s4� !6 ���3,1�5. �6 r�+ -24- r: s Z2]ldMERMAN dc 112dEN Yi�.].a�e t�f IIarooklyn Genter Munici�al Li4uox Fund BALAN�� SHEET D�eemher 31, 1�59 �iote l z R�venu.e certiffcat�s payable ori .�tare No. 1 bear inter�:st at the rate af 4. 25�Ja g�x ann�am and m�:ture s:e.r�ally, .$6, 44Q. 00 in 1q60 and �7, 400. b0 each y�ax Iq6t ax�d I9b2, part of a to�a.�.'issue of $50, 000.OQ� Re�re�ue certificate:s payable on Stare hIu. 2 bear i�aterest of 4°Jo an 41 cer#ficates xrtaturin� January 1, 196�. 'tc� J�uary I, 19fi5 and 4. 25%a on the remain3.ag 9� certific,ates n��uring J�rtua.ry' T, I qbb tQ Jarsuary I, I972, inclusive, ta�eth+�r wit�. S int�rest c�f 1. 75�/a an a�.l cexti.ficatea :aut�.tanciing to January 1, I962. These: certi.ficatee x�att�r+� �e.erially, $5, OUO.OU each y�ar 1961 through I'qb3, �iI3, t�fl�. flQ ea:ch y� 19�4 thro�ugh I9b�,� $I5, 000. �0 each year 1969 �'cru�h I9�2, a tc�t� i��ue af �14t�, �#fl4. tIQ. Nu� Zt Surplu� res:exved for principal'and interes,t i�: campri�:�d�of: +Dn Sto�e N'Qs 1: Princ.i.pal �et a�ide in r�uenv:e cextt�.ficate caah accaur� Z, 504. nU Prix�ci,pal anci interest rcquire�.e� for one yea�r b, 85�. Ab €�n :.�rtbre FJta. 2: Pxin�ipal a.nd interest requir�a�ent far o� yeax Z3, 297. �t? Tota1 R��erve $22,.fi47. �0 A17. certifi�ates are serve Qn a parity in net revenue�. Go�equea�.p, siys:c� the net reven�e frorn �t�re N� 2 f�r t9'S9 w�s not �ufficie�at to fulfi].]. �;ri�ucipal aa.d int�re�t requ�.remexrt relatin� tca the bond is�ue for ��oxe 1V�s. 2, th� st�,rgY.�.s of �tare N+�, 1 has been restrict�d in an ar�a�nt aufficie�t aat3.sf� the re��rve requirern�nts. 25 u ZIMDdERMAN dy MOEN I Vi11;a:�� +�f �iroc��.rl:yn �Gentex Zutunicipa.l Lic�uar Fund INGQI�tE ANI) ��PENSE 'STAT.EMENT' Yeax I�59 Store Nt�. I Stoxe ATo, 6445 �..yndale 625_p Q�:sea �Load Cr�m:bir�ed Sal�s: $288, 038.94 45, b77: 91" �33�, 716,. 85 Go�t of Merchanc�iae 3c�2ri 22'T, q77. 44 33, 4Y4. 9� 2�i�, �92,. 34 Gx'o�s �a.r�in �Jn ��,l.es 6U, �Qb1. 5'0 I2, e��+3. 4Y, �'�'2, 324. 51 I I3educt: t�peratix�� e�zia�es 1 3alaries axtd �va.g�s I9, a09. 3I 4, ��'9:. �:7 23, 308. 4� �7epreeia#���n 1, 20�.9b. 3�i4. !3 I, 574. 49 In 766. 73 I98. 99 965. T2 Heat 4$9.92 1T3. �8 673. 10 ��PFlies 755. 84 66b. 9b- 1, 422. 80 1�.udi.� 375. DO 375. t�0 iJtilit�.es 25I. 94 1�88.1? 44Q. Y 1 Telephone Z6�, I9 13: 48 373. 6T l��.intenaace a�d rega3ra 76.40 76:.4Q l+�+ti.�cellaa�eous 157. Q4 94. 23 25I.2? Protectl+�n s�r�ic'e 12b. �4, 4Q I8�. Q� Zv[i1�ag,e pay�,eats 194. Z.2 I94, 2Z Laundry IO2.45 15, OQ IIT.45 Lic�nses �astd tax�s 61, 04 I5. 5:{� 76. 5� Prc�visi4n for baci checks Tq6. 5� 19f►. �4 Ca�h �hort 2, O7 19. Q� 2I. 16 Total 4gera#�r:,� �ens:e� 24, �44. 51 6, 2U1. 94 34, 24�a, 51 1 4p�r�.t3.n� ;T�cc,�� 36, oi 6, 8g 6, 06i,1,I $+�2, t�'�8. q_t� Add: 4thsx i�a.�cc�:a a' Int�r+�at an irave�:t�m.er;�ts 1, 034. 96 I, 034. 9b �Ch�ck cashing incame 322, 59 9.3Q 33:I. $9 Tc�ta1 flther :[�c�me 357. 55 9. 30 1, 36C,, 85 I3educt: �Jth�x �pen�e 7n�e�e��t e�p�n.se �rn certificates 998. 59 3, 9b4 87' �63. 4�r �a.�in� a�en�t charges 17'. 50 I4, Q3 �l. 53 Tar�a1 +Qther Exp�n�e 1, O16. 09" 3: 9?$. 4, 994, 99 Ne� �cam�, 36, 358, 35 Z, d'� I. 5I 3:�, 44�. $6 In�ese�#t oa revenuE certificat�� Store No. 2 far the per3.nd April 1, 19.59 thruu�h December 31, I959 am.flunted t� �5, 6i1, 12. Interest received an }�ands. aald af�er th� intere�t date am�unted ta $I, 6.�6. 25, This axnuunt wa� aff�et aga3.�t the tc��J. i�eres.t r e s.ulti.r�g, in a�et int�re t�?t expens e of $3, 9 64. t 26 ZTMMERMAN MOEN e Vil�a.�e of �resol�lyu Center I�[�cipal Liquor Fund ANALYSTS QF SU�.PLUS CF�AI'+TGES y�ar T959 St4re 1'Jo. 1 Stc�re No. 2 fi445 �..q�.dat� 6250 Qsseo- Ro�d Cc�rnb3.ned Surp�us, December 3I, ,195$ 69, 2Z7. I� $�9, 227. 14 A�a. Net iuxcom� for the pear 36, 358.35 2, U91.51 3$,4�9.8� �I05, 585� 45 2, 09I� 5Y $1DT�`, 67�i. 9b Deduct: Tr�a�fer `ta ZTillage �eneral F�nd 8, 35.4. 48 8, 354. 48 Surplus, l�ecexriber ,31, 1q59 9'�, 230.97 2, Q�l.,�al 99. 32�,48 t S S' 27 ZIMDdERbiAN a!� MOEN Vill�.�� af Brc�okl.yn"Centex I�wni.c3.pax. Liq�x+�r Fuml �T`A'T�Iu�N'I' 4F R.�C�ZPTS ANI) E�'�NI)ITUR�.S C7E' THE C.APITAL ��PENDITUR.E� AC�QUNfi Ye�r-r95� .Receipt� Fri�cigal gra�eEda af anunic3.pa,x building re�r+�nue c�rtifica#.�� $140, 4t��?. Ofl Expend.�.t�axee Con�tructi�. -�t,c�'�:rtce s S E�p�n,s,�� �nd i�c�ue 1, 5U$. 90 Gost �:as�d 10, 124. 52 Cast uf b�a.ildi.r�.� ta� L}ercemb+�r 31, I959 96 b83. 63 S Fix� tl�p�r'tme�t ��a.rnitu.r� and fi3ctures 1, 793. 78 �crt� Cr�na�xuction Advanc�s $I1�, l I0, Liquor `store N�. 2, furniture �:d fixturss I2, 96�.. 05 Parti�.1 payment on mercha.ndise in�'entory 1 t70b. t�4 133, 07b. $8 T��,a1 Expettditure� LTne�end�ct Balaxc.ce �A.vailab�.e £ar cvmpletior� af cons:tructiag with. �h� ba�.a�ce to be agpl3.ed bn cost flf initi..al �cnerch�adise inventory csriginally;pa3ci for bY the sapsrating accot�ntj b, gZ3. 12 -28- ZIMMERMAN di MOEN Vf11a.�e �f BrQ�ak�y� Gentear �ca.bl:ic L�t�i.�i.es Fun.d CC�MPAFtA.'�YE BALANCE 3H�T D�c,�.mber '11, �959 axYd I?ecem�er �I, I958 I Iric��ase T�ucrease I Decsmher 3I, Dece�bex 31, or D�cember 3�:, Dec�mber 3I, ar 1959 I958 f L7ecrea�e l;'959 I95$ Decrea�e ASS�T3 LIAB,ILITIES Al�iD StTRPLU5 P7.an�t and �roperty G`urrsnt-L3.a:biliti�s �a�er F?epa.rtrnent $1:, 443, 099. 54 $:I, I98, 304.94 �24$, 794. bt� Accounts p�:ya:ble 6, 545. 73 5, 746. 49 ?99. 24 Sewer IIepartrr�e�t 2, p54, 576. Z6 I� 931, 194. 32 I23, 381. 94 C�ntracta pay�.ble 92$. b4 928, b4 Tota1 �a:st gf P1ant and Presperty $3, 49�, 675. $Q �3, I29, 499. 26 $368, 1'�6. 54 Due tc� a#her fuzsds 4, $33. 3I q, I5. 83 4, 2$2. 52} Les�s: Provicied depreciation.:- 1I2, 054. 55 64, 75I.2.2 47, 3EJ3. 33 �usto��r deposits 6:I, 479.4Z 34, 432. 69 27, 04b. '�2 Tatal $ouk Ya.7�zxe Plant and Praperty $3, 385, 621. 25 $3, 064, 748. t14 �32.0, 87�, 21 Tatal �urrent Liabilities 73, 787`. 09 4��, �1 24, 492. Current A.�ets Surplus t Cash an har�.d and in depositoxies 28, I98.. 61 19, 393.78 8, 844, 83 Cantributed surplus $3, 3$I, I71. 64 $3, 0$6, 753, �S2 $294, 418. U2 Accnurrta recei.vable Cu�tarners 14, 6X6. 29 17, 548. 52 2., 93:2.2.3} Earned �urplus tl7sficit} Accaunts receivable Qther 308, p8 1, 1d9.47 801.39} 'i�ate� I3ep�.rtment 10, 78b.9U 5, 2�4. 6'T� 16, 027. 5'7 IIue from other f�xAds 3. �'S 2, I55. 53 t 2, 151. 7�) Earn�d surplus {Ileficit Accrv.ed xevenua receivable Sewer D�a.rtment 21 900, �7} Z:2, 573. 89} C�73. 62 Unbilled sa1�s ZIZ. I1 745.92 7, 466, T.'9 Inventar3es of stbre_a 6, 573, 55 I, 97Y, 00 4, b02. 55 Prepaid expens:e�s 31 I, 72 561. 81 250, 09) 'fiatal Current Assets 58, 224.1 I$ 43, 48�i. 03 14, 738. Q8 Tokal 8urplus $3, 370, 058. 27 $3, Q58, 939. �6 $31I, 119. 21 o �.�a 234. p7 $335, 61I. 29 Tata1. Asaeta 3, 443� 5, 36 3, IQ8 2�4. �77 335, b11.�2 9 Ttrtal L3.abill'ties 2�n�d Surglvas $3 44 845 36 �'i3� XO$ t 1 1 1 _2y_ ZIDdME.12bIA1�T da h�0ffiN .a. t Vi11a.�+e of Brook�:yn �er�ter �'1ublic'LTtilities F'und t STAT'E�riENT t�F IlVC{).1�[E AND F.�IRNEII SLTRFI.ITS Year 1959' �ater ���w�x Departmeat D�par#m� Tc3ta1 i Custamer billin,�s 63, 9$9. Ob 4S, 3"I5, 44 $IQ9, 344, 5Q Sev�er permita I Y, 525. 4L� I I, 525. 01J �ustomer pena.lties L, 521. �0 I, 521, Q0 Service ehar�e�c and other 319� 47 03 379. 50 S Groaa �}pera�g Revenu� 64, 3fi8. 53 58, 361.47 �$I22, 730. �Q I.�es�: +Qperating revenu.e deductions Uger�:f3ng �xgen�e:s 27� 9778, 79 $�0, 7�fi. 6h 725. �48 .�lepre�ist3an o9q�/+�+� 2fl, 362, T7 �q�b 26, 94�.16 47, 3C1�. 33 Tota1 C)per�a.tin,� Revenue I�eductians 48, 340.96 57, 687. �5 :�1Ob, Q2$. 81 In.c ome N o7g�''� 16, 027, 57 673. 62 .�1!6,, 7 �9 Earned �urplus_ (Deficit} January I, 1959 .5, 240, 67} 22, 573. �9� Ear�ed Surp].azs �,�f�ci,t} Decer�nb.er 31, 1959 I 0, 7$6. 9a 2I, 9Q�1. 27} f t` 1 i j I S ZIMMERMAN MOEN 30 i r�►IS?Pe �-v�{'� 1/o3.vo D t Villa�;e uf �r�ouklpn `Genter Pub13.c Util�itie E'�:nd 6GH�DUL.� .�1F OPEItATI�T�'r E�FENSES Year 1959 �ater Departz�.ent Source cef Suppl� P`c►w�r 3, 0 33. 4 �.�,abox 2, 697. 04 11�aterials 4'T'�. 9 3 �u.pplies �Z�. �7 Heat I8. 62 Itirlai.n�en.ance of equ.ipm�nt 59. �tl S Eq�i�e�rt hi r e' 45. b g f)th�r 16,.35 6,q�i8,.44 '�ra.uBmi�siois 03���` ,L�abc�r 3, �32. 87 Materl.ar.�.s T, �42. 32 �quigrrr.ex�t hire 320, g2 Ta�re� 2t�t.47 �u.pplies X43. Q`5 1�Qw�r I26. $8 lt�ainte�tanc e af +equipm e�nt 3�. 7 2 fi, �(34. 13 I Admi�ai �#x �.�i:an o yG Sa�.�:ries and wages 9, 464, 61 In�aura�c e 8� 2, 7$ Fquigment hire 741.T� Supglie� 43$. 02 �a#er r+�;funds 416.5�+ Gansu:Itin� fees 222, 50 �.es an�. eub�cxigti.r��is 70.4Q Fr�vi�ian for txn:collectible acCaunts' 22. 2'9 �o�ference� ax�d �choml� 16.85 Pa�tage and printi�� �.3. 28 S Maintem��ce ckf �quip�nent X2. S5 I�ater3al.s 5. I2, 316. �1� Cu�torn�r Accc�untin�; a�.d C�Ilection .oLo/�M s�.�ari:e$ �d wa��� 1, Tg4. 51 Sup�lies 627. 41 1 �'osta:�e I8b.93 ,Dt; Printin� 44. 48 Operation and maiaten�ce of equiprnent 4I. g7 2, 6$9. 30 'T��JP�ra� F.,3rgens�s Water Uep�.r_#nent $27,97$.7g r� t t _�Y`_ ZIMMERMAN 8c MOEN r 7 Z vci,p Village of Brouklyn Center Fub).ic Ut3:L�.ties Fvx�d SCHE�U� C3F` CJPERATING EXPLN�ES Year I959 Seqver I?�partaz�ent Disposal Sourc� R;ez�t Ci�ty�'c�f Minnea.palis �16, 83-4.5$ 1Zeiat Vil�a�e af Cxysta.]. I, 45Z. �Q �1�, Z,�b. 58 PXarrYgi�zg Labar I, tJHO. Po�crer fi�q. Adateriars 44f�. 2I S Ec�u3.prn�n� h3re 136.90 Electricity rn�t�xin� 15, 48 2, 3Zfi.9b• Transntia�icrxa: L:a.bo:r $�I. 94 Power 232, 'T9 Equipment l�.ire 231. 5'8 �tatearials I03. 42 .�eiaintena.nce of equip�ent 93.22 3, 5�4. 55 Admini�traticm aal�.r�.�s aad wa�es 3, 56.8.y4 �quip�ent .h.ire 74�k 32 Sx�st�ra�rce 388. 75 Cc�xrsulti�g f€�� I87.5fJ Refund of ehax�es I"�"t�.�IQ �evver charges writtez�. aff lfi�;.9�`: F'rt�rvi.sian fox un.collectible acec�.nts 121, 1'� Su}�g3.i�s. �8.�'9� Re�unci of pe�a�ties Z$. t�t? +ather �.Q. 6Q 5, 439.94 �u�tc�mer Ac�cc►u�ctin� a.nd �c�lleci„,io� Sa1ar��� �nd wages 79�. II Po�tage I86,'�3 i 7. 62 Y i46�. bb Supp].�i:es 16 T�t�:l.��ratin���peri�:es ��w�r Departrnent 3_� .T4�►. Et9 ,Z�ag '32- ZIMM�RMAN 8c MO�N Vi].].a�e of Brcxok].yn Center �*u:b]3c L�tili�ies F`un.d ST:P,TF.�ENT C'�F C4NTRIBUTED SURPLIIS" Decemher 3:I, 1959 B�:lance Additi.c��al Balance December 3Z, C-on�ribution� I3ecemhsr 31, 1 q58 Duriag I959 I q`59 �Tatex �egaxt�nent Plant and Property ��tribu�ed by: Special aasesssnent grn�ects 97a, 163. 0? 5q 42T. 74 �I, b29, 5qq, �1 Contractt�rs an.d land develagers 192, 145. 41 l I4, 2�i4. ?q 3t�6, 350, 20 To�:1 V�''ater T�egartrnent $.1, 1.62, 3t3�.4$ 1?3, 632. 53 $1, 33.5,94I. 0� Sewer Departxrient' �].ant anci �rog�rty �ontri.buted b�*: Speci.ai �.ssessme� pxajects $1, 672, 537.99 37, OIT. 8� $1, 749, 555. $5 Caatract�rs ax�d Yan:d devel�per� 25I, 9Q7. I5 8,�, 7b?: 63 3.35�, 6'T�4. 78 'Tcrta�. �wer Deparl�xient $1, 924, 44�. 14 12�, 7��� �45, 23t). 63 Tota]. C�srr�ribv:�*. d G.o �t of Piant -axtd Propert Cx edited. t� C;:on.tribut�cl Sur lus. p �3, o�b, ��s. ba �'�a �9.�, �z�. oa �3, 3sr,l�tr. 64 t t t t t S 33 ZIMMERMAN dc MOEN a Y3.11a:�e vf Br�Qkl�rr. Cent;�r P�a.blie Utili�ie� �nd C�3�FARAT'IYE It�TCC�A�E A�I� �`�P"EN� �T�,TE�+�S.ENT �'�ter I3ep�.r�.ient Ax�d. �ew�er Degartment Yea:r Errded Ye�.r .�+�.e-d Decex��ber 31, 'I'l�e�ember 3I, Xncrea.�e 1959 I95� (�ecx�a.�re� �ater Deparlar�es� C��t�:�� $b3, gsq, ob ��x, oY�, 3s g7a. b� Serviee charge� and othex 37$. 9:7 �2, 84� 2&6. �►3 C�roser flp�e.rat�n� R.��ve�ue �64, 368. 53� �31� �:II. ZZ �,33, 257, 31 Less. (?gera#3.�� expensea �ouree of suppl� 6, 468. 44 53�. Q'� 6, ��43. �7 Tran�mi,&sion 6, Q04.13 2Z2. 35 l 7'8�. "�8 Adxil3.�i�trati�n and eu�tc�mer accaunting I5, 04:6, 22 f.3, 56�, 54 X, 437'. b8 To�l �3g�rati�� E�p�s�ea $2'�, 978, T9 32�4�.. 9� �3 Qperatin� B:�venue Before Deductian i �f ���Sr�ciat�ton E�en�e �36, �$9. ?4 $�.2, T�2.�b :�?�.3, �►4�'�. I?educt: Depreciatio� expe�.r�e 20, 362, I7 11, 154.+�!� 9, 2U?. 51 Net irrcc�sne -�at�x Uepart�e�at $lb, 027. 5q I,, 627. 6Q $�4, 39'9. 9T n S�wer Dcpartrn �nt Cus.toxnex bi1],�.n,�s $45, 315. 44 $27, 89t�. 35 $XT, 425. t�9 Cu��cimer p�n,alti.ea I, 521. UQ 761, U1 �59. 9'� Sew�:r p�rmii�� I l,, 525: 00 9, 4��i. 1, 575. 40 G��h�r ixie�e Q3 1�►.9'1 16. 8�� Gro�.a �tp�ra.ti:�� Rev�nue �58", 3b1.4'T $�S, �i18.2'� �1'9, 74�. 2p L�es: �perat3.n� eap�rx�es. Traxisr�r.is�ivu a�d di�po�a1 $2i, 831. �3 $I4, 820.57 7, Q10, 5G Power,, puxnp�n� and r�reterin� 2, 328�. 9ft �99.42 f, �29. 54 Adm:i�i�tr�ti�n aad eu�to�ner accc�unting fi, 5$6. b0 (��6. 51�0. Q�i) `I'atal G'�perat�n� E�pense�: $3t3 746. b� $�2, �t�6. �i5 '8, 3.40. 04 flperatin� Rewea�a.e E3efor� D�due�ion C9f Degr�cia#o�x Ezgense $27, 614. 78 �If�, 211. 62 $X1, 4t�3. 16 13educts D�preciation expe�se 26, 94i.16 Zl., 3t�4. $1 �3�. 3� Net Tiic+c�me (L��a} Sewex :�g�x#xnen# b73. (a2 flg3.19) 5, 7�ib. 8� ZIMMERMAN dc MOEN yil.],a�+� o� Brooklyn C�:te r �orlein� Ca�ri.tal F�s�td �'TATE;IviEN�,' E�F FtE��T5.AND I3ISBtI�SE.I�iE1�iTS Yea:r 1959 �ash on Hand �Tanua.rp �g59 64 a �aa.: R���.�t,�: Frc+sx� iYxv�s�i.nent trust fund 38..57 'T�tta�. B�;�inn�xr� .Balanc� aad R.eceipts 4b. 2I Ded�ts IIi�:b�rieex��n�s z Ta-I�53 B (�pecial a�s.e��nent� ftu�d "46. 21 Cash Q�: H�.d I�ec.ernber 3i, 1959 1�'ar� 1'�at�: j Th3a fuxxd. was cl��:ed av.t pr�.or tv the �d �f 1959. r s w �t ZIMMERMAN dv MO�N 35 s v��.r�.g� s��»�a.� G.��� �.Y����� �rx��t �a: ��rc� s�:��c t r������r i��� �.ss��s t Ca sh in �az�.k 3 5, 23, 7�3 A�crued ircterest reeeivabl+� 13, Ob�.58 Investme�;: Unai.nno�tized Purch.a�.�.e Cu�t s Face V�.1u�e I�scourtts. I3aei�a Urtited �tate� �o�ver�rnen'k �ecuritie� 275, �t�Q. 6t} �6. 65 $2'T4, �2�.'.�. 5: r Villag� of Bro�klyn ��x%ter s �ecuritie� 2,47, Q�4. 40 I 57b, U7 2#43, 42�.'�'3 Cc+�struc#ian Ic�ans. on spe�i.al atssess�eut pro��cts 5"T5, 4f?t�. tJ4 5�5, 0�3d. QC! �atala �1, I37, (�Q(�, OQ; 6:52.'T2 l, X35, 3�T,�2a .n t To�.l Asset�+ �.$�*°��4. ��4 7�IABLLIT�.ES AND PA.�tTICTPATIN£x FLTI"�l'I� BAI.;ANG.E.� Liabilities Gantract g�rfarm�.rxce �epos3.ts rna:d� by eon#ractcsrs: I�, fi{T3_.9� Particip�ati�� fu�td ba].�.uce�: Special asae�sznent �uxxds �1.,125, b�+6,. $0 1��n3.cip�1 13.q�c�.ar fu.nd 41�, 8�4. 01 General �und 3, Z29. 87 P'ark bc>�a.d rec�exngt3oz�: fuud 194.23 Public �a:til,i�i.es. ft��d 3. 7�S Xfi9, �2a. 66 S Tota.� Z.3,�biliti�s And Parti+cipat3.ug� Fus�.ci �alance� �1, 183, �.�4.64 t Nc�t+�: Th� �nw+��tme�t Tru�t Fux�:d �rva� establis-hed duxixi,� 195�i tt� pro�de far the inves.trnent of tempara�y surpluses o� ca�h vvith th� ob�ec�i:v� �f reaYiziug a s �rnaximur�ri retura� an in�e�tm�nts. 'T'he funcl i� m�.intai�ed an� an accrual z�:�th� of a�countin�, Net incvm.e of the fia.xy.d i� dietributed anaually to each c�f �h+e garticiga:tiag funds c>� .�he basis �f average y�early �ri.veslrnent maintained e.atch funcl, The effect3.�� r�:te af retura c�n a.v'era�e investrrsex�tt hp participa�.$ fi�a�s is �hown belovt� �a:r the year� 1956 thrau�h I939. 1.9�9 3. 2&`�°Jo 19� 8 2. 69�a I957 3. 12"�0 ig56 2.77�1� 3b ZIMMERMAN do MOEN Vi11a�e of Brv€:k].pz� Ce�er S T�.�e�i�.��.t Trust Fund :�NY�TT"C)RY "t�F I�YE�T`I�tENT3 De�ce�nber 3.1,1959 Identifiea.tic�n Znterest �taturity Interea.t Fa ce IIna�;t�rtized Co�t �es.cripti�n: Number�' Rate U�t�s U:u+e I}ates Ya�„u.e D3scouar� B�t�ais t Custa�di.an Nc�rthw�r�tern I�tatiorLal Ba.�.k cxf Minrre�pcslis LTni�ed i5t�tes �ov�rnn�.ent Se�uxiti�s: Tre�.sur�* �3.11 3�3�547 NQ�e 1-'�-b,0 Nox�e IQ�; �?00. U4 7b. 65 99� g23, 35 t Indebtedx�e;�s -�ri�s A I9617 �6�7 3.75�Ja 2-15-b0 Zf 15 5, dOQ, p(1 5, 0�}b, 00 6�38 J39 3. 75% 2-I5-bGl 2/I5 20, Ofl4. fJ0 2�, 4Q4. QO �'r°ea.s:ury r�otes Series C 1960 3$8?C9I 4, 75%a $-I5-60 2/I5-8/I5 50, Qt1(1. QO 54, 0!011. Ut� I�d�htednes.s -�eries� G I96Q 9'�7 4. 75°fc I I-I5-64 �a jI5 I1 /I5 I�O, 000. OQ 10d, 000, 04 Tei:a]. Un3ted S"�atea �c�vernr�te�t Securities 275, OOp. U0 7'6, 65 274, 923, 35 Vi11a�e of Braoklyn Cent�:r �ecurities: Cextificates of ir�debtednes� �4 {General oblig�L 7C8 3. OQ�Je 1 1-E�I 1/1 '-'fijl 8, U4�. �1Q 8, fJ�a, p0 q/3t� 3. 40%u 1-1-b2 I/i 7/I 11, OQO. DQ I I, 0(��. �4 C�rtificates af indebtedn�ss �5 (G�neral obligatic�a}' 8/12 3..75% 1- I-61 I jl 7�I 5 OQO. d0 5, �t�0. OQ I3/17 �.75�o I- 1-:62 1/1 7�I 5, QQ�.4� 5, C1Q0, OU I8/22 3.75�0 1- I-63 1/1 7lI 5, 400. QU 5, 000. qQ Gertifi��tes of in�,ebtedness �6 �Ger�eral abligation} 10/19 3. QO�o 1- 1-6� X/1 7/1 IU, Ubfl. t3p I0, 00�. OU Za/�2 3. ooq z- i-6� i/z 7/z ooa, o� i3, oo�. oa S 7mprov!�xn,ent band I955 A(Special a�aeasment�} I79-1rI83 3. 25°/'o I- 1-bb 1/1 5, OQ�. UU 5, O�.U, 40 Improvena;a�at�o�t,r�- I956 B(S�pecial as�:essments,-defexrec�j 2 f 2I 4. OQ% Indefinite 1 jl 7 j`l 200, 000. 00 200, ODU, t?0 Itnpravetnent bo�d 195? A�Specia�. aase�sments) 33I /3�Q 4, I0°fa I- 1-72 I/1 -?/I 1 000. OU 562. 58 9, 437. 42 S 356/37Q 4, T0% 1- 1-74 1/I Tjl 15, Q40. t}0" I �313, 49 13, 986. 51 Tota1 �i11a�e of Brot�klyn Center Securitie� 287, OOO. C}0 1, 576. 07 285, 423. 93 T�tals af �ecurities He�d By �ustc��:ian 562, t10U. QU 1, 652. 72 560, 347. 28 Gonstruction Loans T'o Special �saessment Prajects Cons,truetian project 19�9 AB; I.,�an .dated I-1-59 3�.49Y.2% See �te See nvte �75, 000. �4 I75, E?00. OQ 5-1-59 3.$91�% See no#e 5ee xrote �U, 000. p4 5Q, Q00, 00 1 7-I�-5�1 3:, 491296 nute See �t+oter 5�, DQD�.�'A 5�, fl00. U� �onstructit�s �rt�,��c� �96D A: w y Le�an _aat�a 9-ZQ-59 3.4�9�2�i �ee aat�� 1�c ��e. �t�tl, o#�Q. pGl i�o, oQO. oQ 9-24-59 3. 49I2°��,. note �ee n;ote I Qt1, p0`Q. Qa lOfl, 004. 0� S I 1- I2"-59 4� X2�o �e� n�e ��e not� OQ, �pQO. 4`0 i Q�O, fJAA. �30 T�t�1s of ��x�tructioa LFc�a�a. 5T5, U01�. ilq 575 Q@0. 40 T�t�.e of Ixive�irm�x�ta �1,13�, �UQ. Q0 �i�-2. '�2 $Y, �35, 347, 2�. Nc�te; The fin.aacin� af these new proje.cta through band issu�s ia ,s che d�.ted td take p�ac e i� I 9 b0, T he: lnans wi.11 b e r epai:d Qut of the pr�ceerds of th��:�e �c� i�s.�s, i t -�.�7 ZIMMFiRMAN da MOEN Villa.�e of Brooklyn Center Txs:vesfixnent �ruat Fund STATEI�SEIVT t?F �AKN�NGS Year 1959 Tncome �nt�r� st: Un3t�d S�a.tee gov�rrtme�.t securi4:t�s $I2, 6�4, 24 Vi.].la.ge af Braoklyn Center securiti.es lI, �34, 7? Sp+ecia.l a�s.essm:ent �ans�tructian loana 10, 5�40.40 Tota1 Intersst Tn,come �34, 229'.41 s Expens e s Gusta�dian chaxg�� an, inve�lx�ents for $afekeeping 485. bb Audit 250.40 t To#a1 Expenaes 735.� f�6 Net Income Distributed To Farticipati.ng �'un:d Aceounxs tTo Page39� �i33, �93. 75 -3$- ZIMM�RMAN dc MOEN Village of Brookly*x9. Genter Xnvestment Txu�t Fund SCHEDULE SH��ING CHANGES IIv PAFtTIGII'ATING FUND BALANC�S Ye�.r 1959 S Net of Fund Balance Additia�s Tnc�zne .Ba.lan�ce January 1, an�. Di�trib�ated Deeember� 3I, I959 {�'ithdrawals} In �959 1959 :Special l�as:esssne� Funda Stvr.r�n Sev�+�r �kY. 36i, 103.77 Z, 91&. 52�' I, 339.36 34, 524. bY Sa�nftarp Sewer �#1 12, .6d5. 8I 4, 110. 22� 39b.42 8, $92. U1 S 1953 1�B 19�. ?8 2'OI. 43} 38. 05 35, 40 1954 A 13 578, 35 7, 083. 39} 349.42 6, $44. 38 s 1�54 C 2.96 3, t3'Q} 3. 8b 3. 8_2 19�"� 51, 864. 61 44,124. �7 3, p�5.4Q 99, 4I0. 48 Iq'�fi A� I�5, 65$.9Q ?8�, b9�. OZ 9� 25I, 9Q 335, 6►#�4.82 I956 B 2I, 5I T. 2� 80, 483. 8ti 2, 2�8, 34 I04, 223. 42 1957 .A,.B �24, 342.43 275, 626. 34 9, �45.9'7 ��9, 814.74 1958 .A 11, b75, 27 2, 2�99. �3 773. 2$ �4, 74T. 58 Y 958 B �$6�. �3' I U.q, 8I n. 59 Y, 938. 43 I11, g35. 94 3'otals $417, 729'. i�8 $678;, T17. 2q ��9, Z9a,43 $1, 125, b36.80 S �u�icigal LiquQr Fund 29: $29. Q5 I0, Ot?p. 00 T, 034. 96 864, al Gener�.l Fun:d 2, 495. 95 2, 5R29. 73� 3 2�i3. fi5 3, 229. �T i Pa:rk B�ad R.�derrigtion Fund 332. 30 336. 72} 1'98. b5 Iq4. 23 Fu.blic uti.li.ties F„n�i 56 63} �.75 Working Capital Fund 38, 57 3�. 57} Q- Q- Tota2a AIl Ft�.nd� $450,�425, 5I $fi8'��8I I, 64 33, 691, 5I Tot.�.l Par�icipating Fund. Bal.a nee� $Y, 1�i9 �4 �c a IrTs�te: �t is the pt�licy of the Village that contract performance depo;sits macl:e b:p contractor� be ir�rested in :the Ia�r�stment Trust Fux�d, 'The inv�s.trnerst income on the�e depa:sit� is distributed to t1�:e Village G�rtsx�.� F�a.n:d. 'The Gen�ral �"uzrd earniEtg� in. the �.rnount of $3, 263. 65 �.s �hawn. above i� co�priaed a£ th� f�lawingt Inve��m.eat af t�m.p�rary interim cas.h surplu�es 2, ?39. 20 Earnin��s a�. cantractar depoaits 524, 4� 3, 263. 65 The in��e distxibuted in I959 includes the residue af 1958 earnings �ornbizieci v�ri.th the I959 eaxnings as follQws: Residue Qf undistributed I958 earning;�s 19T.76 I959' �arnin�s 33, 493. 75 T otal I?i �txibuti�o-n in I 9 b 9 3 3, 6�31, 5 I —...:r� r� 39 ZIMMERMAN Sv MOEN Vi�].a�e of Brooklyn Center A�ez�.cy F`u.nds G4MBINED BAL.AN'GE SHEET D�cembex 31, 195g I �gerrstt for Agex�rt �pr S F3re Dspart. Ft��ilie �.plc�yees Total R.eLief A<ssoc. R�tir�m+� Aa_sac. A.s�ets Taxes receiva.ble far a�her units, i I958 ta.�ea collectibYe in I959 348.46 175.10 13�.36 Taxes. receivable �x other units, pri.or years ID6.34 91.51 14.8� Cash aa� hand �ri.th Ca�n.ty Trea,aurer S to be callected for ath�r unit�. ZA, 77 42, 34 28.4,3 Tata1 1�ssets 4- 57 308.95 17f� 62 Liabilities and Fund Balances Liabiliti, e s; Due ta qther fta.nda 102. 2I I 02, 21 S Fund balance� 383:.36 3Q8.95 74.41 Total Lia and Fund Ba.�ances 485, 57 308, q5 I?fi, 62 ,.-�—..-,-T R �am n.i.� ..e.�.... �ws+� 40 ZIMMERMAN dc MOEN Vi.�.la�e of �3r:ooklyn C+enter S A�enc� Fuxa�ds ST�TEMENT �E' gt.ECEIFTS, �'P"ENU�TUR�S AND FTJND BALANCES Yea:r lg5q Agent fvr .A,gent �or Fire D�pt. Puhlic E�p'lc�ye�a' Total Relief �lss�c, Reti��nezrt As�oc. Fund Ba�arace, 7a�v.ary 1959 �4b, 947. i4 $46, q08. 53 3�. (t1 i r��a,�t: 'Trau�sfer c�f a1�. asset� af the Fire I3�pa.r�cn+��:t Re2ief As�ac�ciatian on the btraks to the assaciatian $46, 9478. 53 $46, 908.53 -�1- .Add: Ta:�cea .receiv�ble af the Fire I�epartment R.eli.ef Ass#e3.alion ux�call�+ci�ed as of Jant�ary 1, 1959 326, 35 326. 35 -Q- Fund Bal�nces, Janua.r� 1, 1959 As Adju:sted 364. 96 326. 35 fil Add: Receipt� Tasce� levied far t�ther unit�, 1958 taxes due in 1959 $T 7, 417. 89 9, �6Q. 53 7, 357.3fi I3educt: Exgenditur�s Tax e�rltections paid tc> c:fher units $1Fi, �99. 49 9, 6?"�, 93 7, 321. 56 74, �1 Fund Balance,: J,�ec�ber 31� _I959 383.3fi 308 Fux�d k►a�nce inciuded in g�neral fund equity b�lance as af S Sa.nu�.rg I, :1959, -41- ZIMMEI2MAN dc MOEN Va.11a.�e flf Brouklyn;Cea�er S ,Agenc� Funds STATE,�NT 4F CA�H REGEIPTS AND CASH DISBURSEIVIENTS Year 1959' A�ent for Ag��rn.t fc� Fire D�part. Pub13c F.�np�:ay�ie�' Total �elief Aee.oc. Rztire�ent Astatrc;, Ca�h Receipts Tax c�3.}.ectio�: 1958 `taxes due in T959 $16, 655. 25 9 454 6? 7, 2.i�0. 58 Eox pric>r years 3I7.82 223.26 94.56 Tran�fe:r in from �eneral fund 26.42 2(�.42 '�ota1 Cash Receipts ;$16 999.49 9,:677 93 7, 321, 5� Cash Disbur��menta Aayment to �ther units $�b, 999. 9, bT7. 93 7, 32T. rs6 42 ZIMMERMAN da MOEN Yi11a�e t�f Br4oklyn Genter GEN.�RAL FI�EI? ASSETS FtIND �C��.r 1959 Januax�* I, �t'ear Yq59 I��ecember 31, I959 Additiorss Ded�ctiaus l q5Q Investments Lana 2, 236. s� 2, 2 8'� �uild.ingss 65th �:d L.y�ndar+� buikl:iag 82, 696. 8U 82, +�96. 8�1 Tool �hed anci gara.�e 20, 393, d7 I04. 93 20, 49�4. Qfl �V'�,xmir�g hc►u�e s 2, Zl b. 7b 2, 216. '�b �,duuicipa.l hall 26, 76Q. 33 2b, 7�.Q.33 P�:rk �roperties:�irr.�clud�s buildings� Narthpart pa.rk 94, 972, 08 7, 92.1, 40 5, OQO.OU 97, 893. 48 �i1).aw �ne park 30, 58'T'. 2I I9, 947. �0 50, 534.21 Gar�en City* park 2b, 913, �A 6, 600. 56, 33, 5I4. Ib Rice park 15, �81. 98- 15, Q95.2t� I15, t�� 3Q, 2b.2. 18 Pop�.a:r Laxx� pa.rk 15, I23 96 9, b68 35 24, ?92« 31 Sov.t3�:ea�t par1E 8, I7F3, 80 33, 530. 52 4I, ?'Oq. �Z I?o�.y p�.rk 3, 423. 12 2, 462. 91 5, 88:6. Q3 Triangle pa.rk 610.97 IQC�. OU TI�.9? South Cr�ek park 139. 45 5, 364, 55 5, 54�. 4(! Northea�t park 37�. 00 14, 58-�. 35 �4, 62Y. 35 IIxs.di�.fxibuted band a�rd plan�sir�� expend�.tures 2, 339. T5 I, 22$, I7 3, 567. 92 I�iia:chi.nery �nd equipment: Stre�t-equipane�t 131, 897. 8� 8, QQ6. 55 139, 904.44 �'ire prvt�cti.an equiprnent �5, 745. 5� 4,$31.26 �Q:53�. Civi1 Defenae ec�u.i�rr:e�at 9, 78"2. 42 856. 5b 6.38. 5-8 Recreatia�^�, park equi�rnent 7, 865. 78 2, 19. 83 I4, T$5. $1 1'olice' equipm�nt 4, $2Q. 9T 2 9g�1. T9 7, 8I I.16 Fuxni.ture, fixtures anri offi+ce equip�n�nt Y3, i91. 39 1.0, 413.13 23, b44.52 �pecial a�s�e��smerrt-Storxr� aswer and e�treet gru:�7ect� camgl$t�d 427, 68.0, 15 1, 314 662 ?3 1, 742, 342. 88 TotaX $94b, 095. I3 $1, 4�$, Q44.52 5, TI5. Q0 $2 429 Q2�, b5 Svurec o# Irrv��'txaent Gen�r�al ind�btedae s a abligations $33Ei, 856. 65 I16, 45T. 81 5, ITS. DfI 450, I93. �6 Gexi�ral revenue I11, 769. ?3 54, I06, 22 165, $75. 95 Pub�.ic con�ribut3nns 4, 43I. 44 604. 30 5, t135. 7� Hennepin County 2a, tJOti. 04 2U, tlLl�. 00 �ontractor� and praperty d�velogers 105,194. 8C1 1t75, I94, 8A �pecial ass.e:�sment pra;jectss Yilla �hare 24, 324, 31 24, 3.24. 3I �?wners sha:r� 403, 355. 84 1, 18'9, 467. 93 1, 5�12, $23. ?7 biquor stttre revenue cer�ific�tes 61, 618, 01 61, 618. dl Sgeeial revenue levies I, ?39. I5 2, 2I9.46 3, 95$. bl Total $946, fl95. 13 �I, �88, q44.52 5, lls. QQ $Z, 429 424.65 r -,-,...s -+-�-�-�-t-r-r-�-�w� 43 ZIMMERMAN dz MOEN Vi11a.:�e +�f �ro�klyn =Center G�ERAL F`I�TI ASSETS FUND Year 1959 1�T�te S I�eductic�n$ a:s reflected abctve repre.�ent the ca�h proceeda received s�n ths: s�.�.e of portian�. a# sur.pl�.a paxk propertf:es. The praceed� ;nf �al�� have b��n cxedit�d ta the paxk bond fux�d and appropri�,ted' for a.dditianal park acqui�a.�sn�. t t 44- ZIMM�RMAN da MOEN Villags af Bro.oklyn Cente:r STAT��i.ENT 4F �ENERAI.� BQNDED DEBT AND INTER�3Z` D�cemb�r 31,195�I Aanaun� Available :And T`o Be Provided Amaunt avai�i.able in debt ��rvice funds: Park Bond R.ede�ption �und 1, 79�i. 48 Ce�etificates Qf Indebt�dnes� Redempti.on Fuxid 3, 763. Z5 State Z,oan Fund T, 2��. 1� Total Amauiat Available b, $07.44 Amount ta be prov3ded in fututre y�arrs: For interest $134, I?Q.00 For principal 363, 492. 5fi �9T, fi.62, �6 able And T'o Be Frovi.ded $5Q4, 4TQ.-4U Ta�a.l.Axnoux�t Ava:i1 a Gane:r�.l Bond� A.xsd Interest T'o He P`aid In Futuxe Feriods General indebtednes.s: Park acquis:itic�n bonds $300, OU4. Qt� Certificates of ind�btec�mess 5�7, 400. 00 State loan 13, 3bQ. 4Q Tat�.l General Indebtedne$�s �37U, 34(�. QO Interes.t' pa�able in future pe:riads I3.4, I7Q. 00 Tatal Genera�. Bunds: And in.texest To &e �aid In Future Periads �.504, 4?�, 0� ZIMMERMAl�i dz MO1CN '�J i Yi1la:ge of &rot�klyn G�rtter 3Jec�mm.ber 3I, I95g R.�GC3�LMENDA.TIf)NS AND �CfMMEN'T'S 1. Ch�.xtge in cla�.�ifica#ian af certain funde; Is� 1q�8 the Park Bc►�d R�demptian Furrd, t�.e Gertificate of �ndebtedae�s Fuad, attd the �t�ate Loan Fund were tr�ated as �p�ci�. r�venue funde b�cause the r+�eeipt� of thes� func�.s wer� derived fxpm �pecial tax l:eviea. �n I959, a n��r classifica#�c��t term:�d de�t eerv3ce funcis �a.s been �et up �:nd ths three a,bave =nentian�d funxis are ��a�v included ixi t,hi.s clas�i�'.catiQn, I}eht s�r'�r3.ce fwads are established to �.cceunt fc�r the revenue pr�flr�rided fc�,r t.he pa�rneut t�f ].�ng terrn debt ax�d int��e�t which ar� n-at obli�at t>f �pecia�. a.s�es.smerr.t furids �r public �'ervice ent�rpr3.s:� fua:d�, Th� Fi�e Departrn�nt Re]3ef Fun�d wa.s shcswn as .a �pecia.l re�en�ue feut.d in the 1q58 repart a�rd t.�.e bcac�lc� ax�d reeorcls of the fund were maintained bp the V�1]a�e �t�r the Bracrklyx� Center Fire D�partsnexxt Relief Associati+ou. In I95'9 a1i uf �he as�e�� caf,lect�d by t�.e V�11a�e for the As��ciatia$ were turne.d over to th� l�s�a�i.attiba aa�� the remaining unco].�:ected items� xepxe$exLted hy de2i�qu��.t ta�es r�ceivabl� a�+t�rl cash :an haari. with tb,e Gaunty '�"reasurear are �.cct��a.nted faz in an a�ency fund nam�t� 'tl�gent fox Fire Llepartra�,ent R.e1i±�f Associatia�". In Y�58 ccs'�3.ecti�ns fc�-r �.x�d payrnerritts t+� the P�.blic Ernpl�y��s� Retir�e� Asa�ciatiQr� vwere ha�dled a� Creneral Fuz3d transactic�n�. In Y959, reven�.e co�.lected a�d to be. �zcal:l�cted lay the Vi1?�age frrr t.�.e .A��rrciati.on is. xecarded in art a�ertc�r fuad titled "Ag+eat far Public �nn�cpltryees' .Retirement A�saciatit�a". 2. P��r.a'�.ties arr:d int�res.t an d.elinquent taxes; In 1959 �.s ��.i, a.s im pr�cecl3.rng y�ars, prQeeeds r�pres�nting penalties. and interest for late paytnen��: af tax�*s have a11 b�en recorded as revenue af the C�neral Fund even thcxngh a p�.rt of the rev�nue psog�rly helc�n�ed to other funds :au.d t� t�,ther un%ts. This treatament ha� prevailed becauae suffi.cient inft�rm�tion fox prop�r a11�Qe�:ti€�n i�ex�tifyirrg the: interes.t aa��I penal#i:es callected wiY.h the part�cular y�ea.r's levy to which the� applq has not b�en availabl;�. We understand tha,t co�rrective ateps are being taken in b+a#h the +Coun�y a�tci Village offices s� that grop�er alloca.�ki.�r�s can be made in the ft�tur�, 3. Sewe�r �.nd �.ter d�partrnent bi133ai�a: Cust��ers: of �he Brc�aklyn Cen�ter �ewer �.nd �Vater D�gartni�nx are diwi�ed inta district� fcrr billin� p�rp�ses; c�r�:e distriet is b.iT�ed as c�f th� c�.e�e af ane manth a�d quarterly th�reafter, a aecoaad diatxict is bil�.ed as of the clos� c�f the next rnanth and q�rt�rlp th.�reafter, anel a:o on. It has bee� the practi.c:e c>f the department alsa ttx split'its billirrg� b��sen cus�rimers when ther� is a cha.zjge in customers usi�ag a. particular water �e��r durin:g the biflin� perio:d, This practice vf �plitti�g bills betv�reen custo�ners h:as s�v�ra.�. oh�ectibns, a.as �47.�:0 W� 4�J ZIMM�RMAN MOEN Villa�s r�f Bres�klyn Cen�e:r D�:eerr�r�tb�r 3I, Y 959 1 R�C�J�v. DAT�C?NS ANI1 �OM1�NT� 3. Sewer �nd w���ex departrnent bi3.],in�s, conttd; �I} �7uct�1lectible accaunx�; 1�'h�n a fc�rrner cuetox�:er discontix�ue:� use c�f the servi.ces duxif�g the period and mc�ves av:t af the ViU.a�e vt�[�h4ut Pa3'�� fox sueh serv3.e�s, the ineicl.ene� of u�callec�3.ble acco�t� ri�e or the costs a�f co�].�ctitrn ri�e aut o;f grc��rtian.tv the aize of the a:c cc�unt. (2� .�,dd�.tiroa�:1 b�olckeepix�.g a�x�d ha.aci�.in� cc►ats: .Sp].3.t billir�g� c�.us� a ri�e ia bookkeeg�n� a�ri haadlin:g c+�s�t; r vvith+a�t �:n attendant riae i�n revexiu�s, (3:) Dist�.rt�.on� in �tatis:tics rela.tin� t� wa�er ca�xs�ptio�; axid as�r�� bi�led by di�trictss The ba�klc�ep3.n� rnachizie i� a.d,justed �cr recc�rd to�al� on1� �e di,�trict at a t3:xne the district being biy.led. 1�Ph� i�gl�# b3.flia�ns far ather c'�,�txict� are: al�r.4 being b31led, the ��tistica �t� "a�, of tlze di��ri.cts are being di�torted. �n accorda�.ce with �ur reccxixa.rn�datic�n, the splft-bi�.iA� practice has �aqw b�en dis+cc�ntinx���i. and re q�a..rterl.y billings are b�3.n� xnadc in a1X cases. Z�a i:�prc�ve the bi11i� prttcedure furfi.Ia.er, �e �ug�est t'�a.t all pre��nt a.nd rtew cua��rs b� �t3fied that when there i:s. a ch�.�ge in occupancy* with regard t� a particul�.r m�ter, a,11 charges. during a quarter will ha�*e to be ad�usted between the former aad rrew o.cct�.pax�t and'�.e depaxlrnent w�.11 send the full quaxterl� bi3ling to the aew n�ccu�►aaat. 4. Subsid3.ar� r�cc►rd� uf fixed assets:: The subaidi.ary recoxc�s now rnaix�.ta.ineci fQr fixec�: asse�� are �f�.l n�t adecj�a.ate �o aecaunt fvr furniture, fixtures and equip�ent 14catec3. throu�ho� the Vi11a�e. As greviously x��c��srnen�iecl, a,n i�diaidual subsidi:ary c'axd for each fi:ge�t ass�t �sh,�u�d be ��t np an which agprapriate identifi:cation, locati4n, ca�st aad �th�r per�e�t dat�: i.s reeord�d. I�er�aver, �he tota� of a1�. .�uch c:arda s$ould be kept ixe ba:la�ce with. ths f3,xed asaet ean�trol accc��rsta nnw rec�arded in the yiTla�� �ene:xa2 ledg�rs a.nd at lea�t anGe a year, an actua� �hpsical inventcax�}* �f fur�siture, fixture� a��id eq�.�ipmer�t sho.uld be taker� a.�:d cca�n€�.p�.red with the iaubsidiary recctir�.s, f e -47- ZIMM�RMAN dc MOEN V�l�.�.�e t�� I�rr�k1� �e�+�r �p�cial ,���e�s.�en.� �"u�d�a STAT`�'`.�'..I�T T95$ 7�VI� CE:�.�`�FT�I� �'C�� ��L.L�CT��I�T I�T 195�s C4I.+L��fi`I�I+�S TH�.�F BY �i�'1�TI`��P�N CaC��3I�'T`y �+!'I� BALAN�:ExS 'CTI��Cf3LLL"`��''� A� 't'�F I3�C�I+�:�R. �I, I959' I.�'uy' Bt>n,�i �et c�f .L.evi.es Tota�. Balar�ce c�f I.a�vies De�crip#i�t� N�xuher Acco�t Far Ca].lection" Payments I�ecern.her 3I,1959 Sa�itar� S��ter �1 572 �'ranitary* Sewer #1 3, 124. I6 3, t�6I. (}3 fi3, 13 Stcxrm Sewer �1 1bC31 Ste�rm i�w�sr �I I9, $92. 63 �8, 446.96 I, 045. 67 S�irr� Sewer 1.791 1953 AB I., �95, 9(� I, Q7�. �Z 25. 29 �a.r�.itaxy. Se�er 1T94 1953 AB 657. 1�, b42. 17 14, 94 Sanitar� Sewer I795 1953 A� 9$1. g5 g34. 77 47. 18 3torm S�wer I�04 1q54 C 74n. �9 bq3. 47.27, Sanitary~ Sewer I$U5 19"5� A 1, 398. 58 1, 34f�. 36 58. 22 Sa�;itary �vcre� 191,2 1955 A 9�,6. Q4 916.. 04 -0`-� B�.acktap Y�16 1'954 C 189. �S'� I$9. Ea7 -�1- 3ewer Znterceptcxr I91II 1955 A 26, 835. �2 22, 33f�. 3� 4, 499.62 Street I�pravenzant i920 I955 A I, 45f�. 2I I, 319. 79 130, 42 Sanit�r� Sewer 192I I955 A 2, 57I, 79 Z, 485. 80 85, 99 Axe�. 7.�terceptcsr Tq39 I956 AC: 29, 232. 84 25, 805, 8� 3, 42b. 9'9 ,��i�n1 u�`eWe2' 19�� Y�56 AC {)$2,. $4 Ei� I?45. 92 33b. 9z �torm S�w�r 1941 I956 AC 2i, T$4.12 17, 482, 63 4, 34i. 4� �ewer Z,ateral ].q42 lq5b A� 19 fl24, bI" I7, 733. 49 1, 291.12 Street 4�Iing �9�3 1956 A� 476.. 68 453. 23 23, 45 I �ater Improven�ent I944 1956 B I9 537. 85 I8, 33�, 64 1, I99. 2I �e�v�r Go�ecti�ns 1��4 �.95b AC 4�4. 2d. 444, 20 -0- Stoxm Sevaex 2fl23 1956 AC 822. 2�i 822, 26 -f3- Street Irn.gro�vemen:t 2a24 I956 AC 2, b$4. 5I 2, 498. 36 186. I5 M T�Vater ItnprQV�erneat 2iJ28 I95? AB I4, 853. 23 I3, 5�fi. Tl 1, 336. 52 Stoxm Sewer 2029 I95? AB 22, 428. 2Q 2Q, 734. 99 I, �93, 2I Sewer Z�.teral 2�30 I957 AB �5, ?87.. 32 14, 194. 8I 5.�1. 51 Sew�r Conne�tia�n 2431 I95�i AC l. b93.46 1, 048. 1i 45-. 35 Street Impravement 20�2 I957 A$ 2, 58.I. OI 2, 5�0. 56 44.45 Oiliag 2033 1957 AB 834. 13 �I4.33 19. 80 Lift Stati�u 2454 1957 AB Z, Z�� 1!9 1, 946. 25 34$. 54 S#orn3 S�wer 2055 195b AC 38. 15 38, 15 -q- FY'ater Tmpro:v�naent 212q Iq'S7 AB 4, 168.4Q 4, I68, 4� �p- P'ublic U�tlity �'atter 2:130 I956 B 2,, b7�4, 87 2, 4C�9: 2U5. (10 �anitary La.��ral 213I 195'� AB Z, tJ5T. 58 2, t1S7. 5.� -0� 3ewer ��nr�ectivas ZI32 1 q56 A� 496,. Q0 49b. tT� -0 Reconcilem�� of Payment� St�rm �ewer 2I33 I�j58. A 58,� Y'�0. 54 5I, I I3. 83 7, t�56, 71 �at�r 3mpraverri�nt �X34 �g58 H lI 6�44.17 i I, 3�fl. 22 �43.95 Tata1 papm�a received �ar�iitar3r La�er�l. 2�35 1958 .A. 5R„ 23,6, f�5t 4, 6b3. Z.3- 8�i Y �9�'� �307, 049.. 29 1 R.en�i.#��d tc� Y31�t St�sarm �v�r 213�i I958 B- 234. �4 Z54. �4 x �s�ti.tarp L�.teral 2]��7` 3�S$ 'B 2?.,, 67I. �i.3 2I, 6$�t. 4X g��. Z2 1959 3t?1, 39�. 47 1�'ater Imgrc�vement "13�3 1959 I, 3.47. 55 I, 347. 55 -�Q- �.n�.ta.rg �.,a�exal Z�:I3� X��5� .�1�3 fi7"5.99' 2+61, �2 41#.'� �t�uitted bo Yiltage in ,��ae:t Impxc�v'e�a.eat `ZI7'� �9�9 �i.8 -5.�1.1� 525.27 I5. 1�60(Nc�vem.ber and �evPex I.�t�ra1 ZI?g 1�56 A� b0.48 60, ��1 Q� UL'C�1I3�R COI�.l4C�t�IIB 5s 6� B�.a.ck T�IYPfiirY� 21�t�. ,1'��3 $�3 �1;.9X 4�.91 -p.. .a I� Ta�a1s �33�, 4q�. 04 �3q'7, �49. 29 31, 44Q. 7'5 �t. ZIMMER�AN da MO�N