Loading...
HomeMy WebLinkAboutFY 1965 Annual Financial Report - AuditANNUAL FINANCIAL REPORT OF THE CITY OF EULESS, TEXAS FISCAL YEAR ENDED SEPTEMBER 30, 1965 ARTHUR YOUNG & COMPANY REPORT THE MUNICIPAL FINANCE OFFICERS ASSOCIATION OF THE UNITED STATES AND CANADA Certifiers tljat THE ANNUAL FINANCIAL REPORT OF The City of Cuiess, Texas For the fiscal year elided Septoiier 30,196+ CONFORMS TO THE PRINCIPLES AND STANDARDS OF PUBLIC FINANCIAL REPORTING AS PROMULGATED BY THE j1unicipat ,Tinance ®fficero Zt000ciation AND THE ,2ationat Committee on Q5obernmentat Ztccounting Presented January 13, 1965. Chairman, Co mince on Accounting Executive Director A Certificate of Conformance is awarded by the Mun'cipal Finance Officers Association of the United States and Canada only to the governmental unit whose financial report is judged to substantially conform to the high standards of financial reporting established by the Association. These standards are contained in publications of the National Com- mittee on Governmental Accounting. Exhibit A Exhibit A-1 Exhibit A-2 Exhibit A-3 CONTENTS Letter of transmittal Report of certified public accountants Financial statements General Fund Balance sheet Analysis of changes in unappropriated surplus Statement of revenue receipts estimated and actual Statement of expenditures and encumbrances compared with appropriations Page 1- 3 4 5 6- 7 8-21 Bond Funds Exhibit B Balance sheet 22 Statement of cash receipts and Exhibit B-1 disbursements 22 Exhibit B-2 Statement of expenditures compared with appropriations 23 Exhibit C Exhibit C-1 Exhibit C-2 Exhibit C-3 Exhibit D Exhibit E Exhibit E-1 Interest and Redemption Fund Balance sheet Analysis of changes in reserve for retirement of general bonded debt Statement of income Statement of cash receipts and disbursements 24 24 25 25 Water and Sewer Fund Balance sheet 26-27 Notes to balance sheet 28 Trust and Agency Fund Balance sheet Statement of cash receipts and disbursements 29 29 Exhibit F Exhibit F-1 Exhibit F-2 Exhibit G Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 Table I Table II Table III Table IV Table V Table VI Table VII Table VIII CONTENTS General Fixed Assets Statement of general fixed assets Statement of changes in general fixed assets by sources Statement of general fixed assets classified by departments General Bonded Debt and Interest Statement of general bonded debt and interest Supplementary information Combined statements for unrelated funds: Combined balance sheet - all funds Summary of cash receipts and disbursements Statement of changes in taxes receivable Statement of taxes receivable - by funds Statement of investments Statement of utility and general bonds payable Statistical data Tax levies and tax collections Tax rates and tax levies Revenues - other than property taxes Expenditures for selected functions Bonds other than water and sewer revenue debt service charges Revenue water and sewer bonds debt service charges Insurance in force Miscellaneous statistical facts Page 30 31 31 32 33-34 35 36 36 37 38-39 40-41 42 43 44 45 46 47 48-49 City of EULESS, TEXAS BUTLER 3-1526 201 W. EULESS BLVD. 76039 November 15, 1965 Honorable W. G. Fuller, Mayor and City Council City of Euless Euless, Texas Gentlemen: Submitted herewith is the annual financial report of the City of Euless for the fiscal year ended September 30, 1965. This report conforms to the principles and standards of public financial reporting as promulgated by the Municipal Finance Officers Association and the National Committee on Governmental Accounting. Included in this report are the comments and opinion of the City's independent auditors, Arthur Young & Company. These financial reports contain balance sheets and subsidiary exhibits and tables reflecting the revenues, expenditures, investments, fixed assets and bonded debt of the various funds of the City. In the General Fund and all other funds except Utility, the City uses a modi- fied cash basis of accounting, wherein revenues are reported primarily on a cash basis and expenditures on an accrual basis. The Utility Fund reports both revenues and expenditures on the accrual basis. Depreciation on the depreciable property of the Utility Fund will be computed upon the expected useful life of the assets. All operating funds of the City function under an annual budget which shows the estimated revenues and authorized expenditures by funds. Respectfully submitted, Mrs. Vada Ferris City Secretary ARTHUR YOUNG & COMPANY CERTIFIED PUBLIC ACCOUNTANTS U. 5. A.,CANADA, MEXICO, SOUTH AMERICA GREAT BRITAIN, CONTINENTAL EUROPE MIDDLE EAST, SOUTH A FRICA,AUSTRALIA Honorable W. G. Fuller, Mayor and City Council City of Euless Euless, Texas Gentlemen: 1000 CONTINENTAL NATIONAL BANK BUILDING FORT WORTH,TEXAS Scope of Examination We have examined the balance sheets of the various funds of the City of Euless, Texas, as of September 30, 1965 and the related statements of revenue, expenditures and surplus for the fiscal year then ended. Our examination was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing pro- cedures as we considered necessary in the circumstances. Summary of Findings of the Audit The accounts and records of the City of Euless are maintained in conformance with the standards recommended by the National Committee on Municipal Accounting of the Municipal Finance Officers Association. All operating funds function under a budget prepared annually. Encumbrance procedures are those specified by standard municipal accounting. In the General Fund and all other funds, except Utility, the City uses a modified cash basis of accounting wherein revenues are reported primarily on a cash basis and expenditures on an accrual basis. The Utility Fund reports both revenues and expenditures on the accrual basis. In accordance with established accounting practices for municipalities no provision has been made for depreciation of physical properties other than properties of the Water and Sewer Fund, which is a self-supporting activity. The City of Euless acquired the physical properties and the operation of the Water and Sewer System from Municipal Service Company of Texas on September 3, 1965. This acquisition included the physical properties and water and sewer franchises which served the City of Euless, the Town of Bedford and some surround- ing areas. The City of Euless issued Water and Sewer Revenue Bonds in the principal amount of $5,800,000 in payment of this purchase. The first revenues from operating the system were 2 recorded on the City's books after September 30, 1965, ary billing date; therefore, no statements of revenue, and surplus have been prepared for the partial month's the Water and Sewer System. the custom - expenditures operation of The City has fully complied with the provisions of the Water and Sewer Revenue Bond indentures. In conformance with these provisions, insurance coverage of the City is contained in a schedule included herein. Funds deposited in depository banks are secured by pledges of U. S. Securities. The significant changes during the year in the principal operating funds may be summarized as follows: General Fund Year ended September 30, 1965 1964 Cash and investments $39,320 Encumbrances 3,946 Payroll taxes payable 6,767 Net available cash Unappropriated surplus Cash Earned surplus $28,025 2,494 4,175 $28,607 $21,356 $46,698 $21,456 Water and Sewer Fund Year ended September 30, 1965 1964 Increase (decrease) $11,295 1,452 2,592 $ 7,251 $25,242 Increase (decrease) $53,240 $ -0- $53,240 ($11,400)•$ -0- ($112400) Opinion In our opinion, the accompanying balance sheets and statements of revenue, expenditures and surplus present fairly the financial position of the various funds of the City of Euless, Texas, at September 30, 1965 and the results of operations for the fiscal year then ended, in conformity with generally accepted governmental accounting principles applied on a basis consistent with that of the preceding year. 3 The accompanying supplementary information has been subjected to the tests and other auditing procedures applied in the examination of the financial statements mentioned above and, in our opinion, is fairly stated in all respects material in relation to the financial statements taken as a whole. November 15, 1965 4 CITY OF EULESS, TEXAS GENERAL FUND BALANCE SHEET September 30, 1965 ASSETS Cash: Regular checking account $13,920 Time deposits 10,000 Certificates of deposit 15,000 Petty cash funds 400 39,320 Due from Water and Sewer Fund 18,000 Accounts receivable 91 Taxes receivable 16,658 LIABILITIES, RESERVES AND SURPLUS Payroll taxes payable Reserve for encumbrances Reserve for uncollected taxes Unappropriated surplus $74,069 $ 6,767 3,946 16,658 27,371 46,698 $74,069 EXHIBIT A 5 CITY OF EULESS, TEXAS GENERAL FUND ANALYSIS OF CHANGES IN UNAPPROPRIATED SURPLUS Year ended September 30, 1965 Excess or Estimated Actual (deficiency) Balance at beginning of year $ 21,456 $ 21,456 $ -0- Add: Expenditures in October 1964 for services and materials received in September 1964 2,494 2,494 Revenues 267,008 288,154 21,146 269,502 290,648 21,146 Deduct: Encumbrances for services and materials received in current year and unpaid at September 80, 1965 3,946 3,946 Expenditures 294,031 279,460 (14,571) 294,031 283,406 (10,625) Add: Expenditures for engineering on Water and Sewer purchase included in above expenditures to be recovered from Water and Sewer Fund (3,073) 28,698 31,771 18,000 18,000 Balance at end of year $ (3,073) $ 46,698 $ 49,771 EXHIBIT A-1 6 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF REVENUE RECEIPTS - ESTIMATED AND ACTUAL Year ended September 30, 1965 Source General property taxes collected: Current taxes Delinquent taxes Penalty and interest Gross receipts taxes: Southwestern Bell Telephone Company Texas Power and Light Company Lone Star Gas Company Texas Electric Company Municipal Service Company Tri-City Cab Company McCaffity Trash Disposal Will Jones Trash Disposal Licenses and permits: Building permits Plumbing permits Electric permits Heating and air conditioning permits Street inspections Miscellaneous permits Fines and fees: Corporation court fines Estimated revenue $180,600 1,881 500 182,981 Actual revenue $149,855 33,360 671 183,886 5,000 5,771 13,500 16,094 4,100 4,307 450 483 4,500 5,435 5 17 600 1,076 72 24 28,227 33,207 6,000 4,262 5,000 3,498 5,000 3,891 2,000 867 600 371 500 1,700 19,100 14,589 20,000 21,208 Excess or (deficiency) of actual compared with estimated $(30,745) 31,479 171 905 771 2,594 207 33 935 12 476 (48) 4,980 (1,738) (1,502) (1,109) (1,133) (229) 1,200 (4,511) 1,208 EXHIBIT A-2 7 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF REVEUNE RECEIPTS - ESTIMATED AND ACTUAL Year ended September 30, 1965 (Continued) Source Other revenues: Library receipts Tarrant County library contributions Dog pound fees Recreation department income Tarrant County fire association Interest income Miscellaneous income Rental income GENERAL FUND REVENUES Estimated Actual revenue revenue $ 300 2,000 200 4,500 1,500 8,000 200 555 2,000 734 4,524 1,500 24,780 871 300 16,700 35,264 $267,008 $288,154 Excess or (deficiency) of actual compared with estimated 255 534 24 16,780 671 300 18,564 $ 21,146 EXHIBIT A-2 8 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 Appropriations General Government: Administrative: Supervision $ 12,120 Clerical 3,390 Extra help 1,000 Office supplies 750 Janitorial supplies 25 Furniture, fixtures and furnishings 200 Machinery, tools and implements 200 Instruments and apparatus 50 Communications 900 Hire of equipment 1,200 Special services Advertising 1,000 Travel expense and meetings 2,500 Association dues and subscriptions 250 Electric 200 Water 18 Gas 75 Other (elections) 100 Capital outlay: Land purchase Furniture, fixtures and furnishings 800 24,778 Non -departmental: Retirement 6,515 Property and liability insurance 5,000 Group insurance 3,438 Tax office 8,400 Codification 4,500 Audit 600 Engineer and architectural fees 4,000 Rents 2,520 Social security 5,370 40,343 Total General Government 65,121 Reserve for encumbrances at beginning of year 32 37 198 267 468 468 735 9 Encumbrances outstanding Unexpended at close Total Expenditures balance of year $ 12,120 $ 12,579 $ (459) 3,390 3,384 6 1,000 1,067 (67) 782 1,463 (681) 25 25 200 157 43 200 218 (18) 50 7 43 900 761 139 1,200 1,200 273 (273) 1,000 2,327 (1,327) 2,537 2,032 505 250 303 (53) 398 301 97 18 31 (13) 75 85 (10) 100 151 (51) 11,967 (11,967) 800 978 (178) 25,045 39,284 (14,239) 6,515 586 5,929 5,468 3,903 1,565 3,438 3,038 400 8,400 9,518 (1,118) 4,500 4,500 600 600 4,000 18,268 (14,268) 2,520 2,655 (135) 5,370 4,071 1,299 40,811 42,639 (1,828) 65,856 81,923 (16,067) EXHIBIT A-3 70 70 70 Unencumbered balance $ (459) 6 (67) (751) 25 43 (18) 43 139 (273) (1,327) 505 (53) 97 (13) (10) (51) (11,967) (178) (14,309) 5,929 1,565 400 (1,118) 4,500 (14,268) (135) 1,299 (1,828) (16,137) 10 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) Appropriations Law Enforcement: Police Department: Supervision $ 7,740 Clerical 5,905 Labor operations 51,080 Labor maintenance 400 Extra help 3,640 Longevity 666 Overtime 3,240 Office supplies 500 Food supplies 25 Wearing apparel 1,200 Motor fuel supplies 4,400 Minor apparatus 150 Janitorial supplies 50 Educational and recreational supplies 25 Other supplies 100 Buildings 200 Furniture, fixtures and furnishings 40 Machinery, tools and implements 100 Motor vehicles repairs 2,050 Signal systems 825 Heating and cooling systems 50 Communications 700 Special services 200 Travel expenses and meetings 1,000 Association dues and subscriptions 105 Support of persons 300 Animal care 200 Electric 600 Water 55 Gas 125 Instruments and apparatus 800 Motor vehicles 2,350 Capital outlay: Furniture, fixtures and furnishings 150 Signal system 400 Other 100 Reserve for encumbrances at beginning of year 16 223 196 89,471 435 11 Encumbrances outstanding Unexpended at close Total Expenditures balance of year $ 7,740 $ 7,901 $ (161) 5,905 6,173 (268) 51,080 48,702 2,378 400 232 168 3,640 3,889 (249) 666 635 31 3,240 5,021 (1,781) 500 460 40 41 41 1,200 1,133 67 4,623 3,795 828 150 72 78 50 16 34 25 4 21 100 323 (223) 200 73 127 40 21 19 100 100 2,246 2,411 (165) 825 572 253 50 9 41 700 706 (6) 200 353 (153) 1,000 819 181 105 97 8 300 303 (3) 200 279 (79) 600 500 100 55 62 (7) 125 130 (5) 800 904 (104) 2,350 138 2,212 150 150 400 400 100 365 (265) 89,906 86,498 3,408 EXHIBIT A-3 $ 93 5 5 5 2,480 2,588 Unencumbered balance $ (161) (268) 2,378 168 (249) 31 (1,781) 40 41 (26) 828 73 34 21 (223) 127 19 100 (170) 253 41 (6) (153) 181 8 (3) (84) 100 (7) (5) (104) (268) 150 (265) 820 12 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) Appropriations Law Enforcement: (continued) Legal and Corporation Court: Clerical $ 825 Office supplies 800 Judge's salary 1,080 City att9rney's fees 4,800 Travel expense and meetings 200 Association dues and subscriptions 10 Refunds 200 Court costs, jury and witness fees 50 7,965 Total Law Enforcement 97,436 Library: Supervision 3,420 Labor operations 3,000 Extra help 1,040 Longevity Office supplies 765 Building - maintenance 600 Books - maintenance 500 Hire of equipment 50 Association dues and subscriptions 10 Electric 200 Gas 25 Capital outlay: Furniture, fixtures and furnishings 500 Machinery, tools and implements 200 Books 5,000 15,310 Fire Department: Supervision 4,890 Labor operations 10,320 Overtime 480 Office supplies 50 Wearing apparel 600 Motor fuel supplies 1,400 Reserve for encumbrances at beginning of year 50 50 485 25 13 Encumbrances outstanding Unexpended at close Total Expenditures balance of year $ 825 $ 761 $ 64 850 598 252 1,080 1,078 2 4,800 8,568 (3,768) 200 200 10 10 200 446 (246) 50 9 41 8.015 11t460 (3,445) 97,921 97,958 (37) 3,420 3,491 (71) 3,000 3,061 (61) 1,040 979 61 23 (23) 765 375 390 600 450 150 525 189 336 50 90 (40) 10 3 7 200 211 (11) 25 31 (6) 500 275 225 200 143 57 5,000 4,771 229 15,335 14,092 1,243 4,890 4,994 (104) 10,320 10,711 (391) 480 480 50 115 (65) 600 735 (135) 1,565 953 612 20 20 2,608 298 313 401 1,012 8 Unencumbered balance $ 64 232 2 (3,768) 200 10 (246) 41 _ (3,465) (2,645) (71) (61) 61 (23) 92 150 23 (40) 7 (11) (6) 225 57 (172) 231 (104) (391) 480 (73) (135) 612 EXHIBIT A-3 14 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) Appropriations Fire Department: (continued) Minor apparatus $ 300 Janitorial supplies 50 Chemical, medical, surgical 25 Buildings 100 Inst'uments and apparatus 700 Motor vehicles 1,000 Signal systems 500 Communications 350 Travel expenses and meetings 200 Association dues and subscriptions 75 Electric 200 Water 25 Gas 50 Utilities - fire station #2 Capital outlay: Furniture, fixtures end furnishings 400 Machinery, tools and implements 200 Instruments and apparatus 200 Motor vehicles 2,000 Signal systems 600 Other - hose 1,500 26,215 Engineering Department: Supervision 1,250 Clerical 520 Labor maintenance 1,675 Office supplies 100 Motor fuel 100 Minor apparatus 100 Machinery, tools and implements 20 Instruments and apparatus 10 Communications 50 Hire of equipment 200 Other 50 Capital outlay: Furniture, fixtures and furnishings 200 4,275 Reserve for encumbrances at beginning of year 165 15 Unexpended Total Expenditures balance Encumbrances outstanding at close of year Unencumbered balance $ 300 $ 292 $ 8 $ 62 $ (54) 50 74 (24) (24) 25 6 19 19 100 206 (106) (106) 700 406 294 294 1,000 946 54 6 48 500 467 33 33 350 416 (66) (66) 200 170 30 30 75 70 5 5 200 211 (11) (11) 25 30 (5) (5) 50 50 64 (64) (64) 400 282 118 118 200 161 39 39 200 200 200 2,000 2,000 2,000 600 507 93 93 1,500 1,352 148 148 26,380 23,218 3,162 76 3,086 1,250 - 1,250 - 1,250 520 409 111 111 1,675 500 1,175 1,175 100 100 100 100 100 100 100 100 100 20 20 20 10 10 10 50 50 50 200 75 125 125 50 50 50 200 200 200 4,275 984 3,291 - 3,291 EXHIBIT A-3 16 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) Appropriations Inspection: Supervision $ 6,000 Clerical 3,525 Labor operations 4,650 Extra help 500 Longevity 108 Office supplies 800 Motor fuel supplies 670 Janitorial supplies 525 Buildings 2,460 Motor vehicles 100 Heating and cooling system 200 Communications 400 Advertising 1,100 Travel expense 200 Association dues and subscriptions 10 Electric 200 Water 18 Gas 25 Capital outlay: Furniture, fixtures and furnishings 710 Motor vehicles 1,700 Signal system 610 24,511 Street Department: Supervision 5,400 Labor operation 7,860 Extra help 1,200 Office supplies 50 Motor fuel supplies 1,000 Janitorial supplies 500 Sidewalks, steps, etc. 200 Streets, roads and highways 4,000 Other 500 Reserve for encumbrances at beginning of year $ 896 57 953 68 5 17 Encumbrances outstanding Unexpended at close Total Expenditures balance of year $ 6,896 $ 6,125 $ 771 3,525 3,379 146 4,650 4,650 500 485 15 108 108 800 550 250 727 354 373 525 275 250 2,460 2,008 452 100 59 41 200 200 400 393 7 1,100 289 811 200 158 42 10 11 (1) 200 220 (20) 18 21 (3) 25 30 (5) 710 705 5 1,700 1,700 610 610 25,464 15,170 10,294 5,400 5,513 (113) 7,860 7,857 3 1,200 1,293 (93) 50 1 49 1,000 1,131 (131) 500 300 200 200 57 143 4,068 4,059 9 505 445 60 37 72 109 11 50 Unencumbered balance $ 771 146 4,650 (22) 178 373 250 452 41 200 7 811 42 (1) (20) (3) (5) 5 1,700 610 10,185 (113) 3 (93) 49 (131) 189 143 9 10 EXHIBIT A-3 18 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) Appropriations Street Department: (continued) Motor vehicles $ 1,000 Communications 131 Travel expenses and meetings 300 Electric 3,600 25,741 Recreation Department: Supervision 2,000 Clerical 300 Labor operations 6,760 Labor maintenance 675 Office supplies 300 Motor fuel supplies Minor apparatus Chemical, medical and surgical 25 Educational and recreational supplies 500 Maintenance of equipment Other 100 Communications 150 Hire of equipment 500 Association dues and subscriptions Advertising 100 Travel expense Rents 1,500 Electric 800 Water 1,075 Wearing apparel 14,785 Park Department: Supervision 1,200 Labor maintenance 1,360 Extra help 500 Office supplies 60 Wearing apparel 150 Motor fuel 100 Other 50 Motor vehicles 200 Reserve for encumbrances at beginning of year $ 58 131 19 Encumbrances outstanding Unexpended at close Total Expenditures balance of year $ 1,058 $ 2,074 $(1,016) 131 165 (34) 300 300 3,600 3,610 (10) 25,872 26,505 (633) 61 Unencumbered balance $(1,016) (34) 300 (10) (694) 2,000 2,000 - - - 300 300 300 6,760 6,443 317 317 675 202 473 473 300 136 164 164 41 (41) (41) 11 (11) (11) 25 5 20 20 500 554 (54) (54) 19 (19) (19) 100 56 44 44 150 90 60 60 500 500 10 (10) (10) 100 63 37 37 60 (60) (60) 1,500 655 845 845 800 377 423 423 1,075 1,075 1,075 17 (17) (17) 14,785 11,239 3,546 - 3,546 1,200 1,200 - - - 1,360 719 641 641 500 500 500 60 15 45 45 150 150 150 100 80 20 20 50 7 43 10 33 200 6 194 194 EXHIBIT A-3 20 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) EXHIBIT A-3 CITY OF EULESS, TEXAS GENERAL FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES COMPARED WITH APPROPRIATIONS Year ended September 30, 1965 (Continued) Park Department: (continued) Hire of equipment Water Capital outlay: Furniture, fixtures and furnishings Machinery, tools and implements Motor vehicles Swimming Pool: Supervision Labor operations Office supplies Wearing apparel Janitorial supplies Chemical, medical and Other supplies Filtration plants Machinery, tools and Communications Electric Water surgical implements Appropriations $ 100 25 200 750 1,250 5,945 1,138 7,185 200 1,025 300 300 50 500 1,500 12,198 $291,537 Reserve for encumbrances at beginning of year $ $2,494 21 Encumbrances outstanding Unexpended at close Total Expenditures balance of year Unencumbered balance $ 100 $ 101 $ (1) $ - $ (1) 25 25 25 200 200 200 750 750 750 1,250 1,250 1,250 5,945 2,128 3,817 10 3,807 1,138 1,138 - - - 7,185 3,302 3,883 3,883 5 (5) (5) 184 (184) (184) 200 41 159 159 1,025 750 275 275 2 (2) (2) 300 300 300 300 26 274 274 50 76 (26) (26) 500 184 316 316 1,500 535 965 965 12,198 6,243 5,955 - 5,955 $224,031 $279,460 $14,571. $3,946 $10,625 EXHIBIT A-3 22 CITY OF EULESS, TEXAS BOND FUNDS BALANCE SHEET September 30, 1965 Street Improvement and Public Park and Drainage Buildings Recreation ASSETS Total Fund Fund Fund Cash in bank $ 176,139 $135,770 $ 38,883 $ 1,486 Certificates of deposit 763,000 246,000 442,000 75,000 $ 939,139 $381,770 $480,883 $ 76,486 LIABILITIES, RESERVES AND APPROPRIATIONS Appropriations: Unencumbered balance $ 939,139 $381,770 $480,883 $ 76,486 EXHIBIT B STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS Year ended September 30, 1965 Balance at beginning of year Receipts: Proceeds from sale of bonds: Due from prior year 1,000,000 430,000 470,000 100,000 Bonds sold this year 530,000 295,000 160,000 75,000 1,530,000 725,000 630,000 175,000 Disbursements: Capital outlays 590,861 343,230 149,117 98,514 Balance at end of year $ 939,139 $381,770 $480,883 $ 76,486 EXHIBIT B-1 23 CITY OF EULESS, TEXAS BOND FUNDS STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS September 30, 1965 Amount appropriated: From: Bonds sold Total Street Improvement and Public Park and Drainage Buildings Recreation Fund Fund Fund $1,530,000 $725,000 $630,000 $175,000 Less expenditures of this fiscal period 590,861 343,230 149,117 98,514 Unexpended balance $ 939,139 $381,770 $480,883 $ 76,486 EXHIBIT B-2 24 Cash in bank Taxes receivable CITY OF EULESS, TEXAS INTEREST AND REDEMPTION FUND BALANCE SHEET September 30, 1965 ASSETS LIABILITIES AND RESERVES Reserve for uncollected taxes Reserve for retirement of general bonded debt EXHIBIT C ANALYSIS OF CHANGES IN RESERVE FOR RETIREMENT OF GENERAL BONDED DEBT Year ended September 30, 1965 $ 9,347 5,479 $14,826 $ 5,479 9,347 $14,826 Balance at beginning of year $ -0- Add excess of revenues over expenditures (Exhibit C-2) 9,347 Balance at end of year $ 9,347 EXHIBIT C-1 25 CITY OF EULESS, TEXAS INTEREST AND REDEMPTION FUND STATEMENT OF INCOME Year ended September 30, 1965 Revenues: General property taxes and penalty and interest collected Expenditures: Interest on bonds Matured bonds $67,180 $37,833 20,000 57,833 Excess of revenues over expenditures $ 9,347 EXHIBIT C-2 STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS Year ended September 30, 1965 Balance at beginning of year Receipts: General property taxes collected Disbursements: Interest on bonds payable Matured bonds paid $ -0 - 67,180 $37,833 20,000 57,833 Balance at end of year $ 9,347 EXHIBIT C-3 26 CITY OF EULESS, TEXAS WATER AND SEWER FUND BALANCE SHEET September 30, 1965 EXHIBIT D CITY OF EULESS, TEXAS WATER AND SEWER FUND BALANCE SHEET September 30, 1965 ASSETS Current and accrued assets: Cash: Systems Fund Operations and Maintenance Fund Customers' accounts receivable Less provision for bad debts Prepaid expenses (Note 1) Petty cash Total current and accrued assets Meter Deposit Fund: Cash Investments Emergency Fund: Investments Revenue Bonds Interest and Redemption Fund: Cash with fiscal agent for interest requirements Cash with fiscal agent for reserve requirements Capital Improvements Escrow Fund: Investments Utility plant in service: (Note 2) Land Water and Sewer System Equipment Total utility plant in service $ 19,988 33,252 $ 53,240 12,294 371 11,923 5,783 100 1,975 51,000 49,500 1,500 20,970 5,520,030 35,000 71,046 52,975 1,000 51,000 200,000 5,576,000 $5,952,021 27 LIABILITIES, RESERVES AND SURPLUS Current and accrued liabilities: Franchise and property taxes payable (Note 3) Due General Fund for advanced engineering expense Total current and accrued liabilities Customers' meter deposits Revenue bonds payable Reserve for retirement of revenue bonds: For payment of matured coupons and principal For reserve requirements $ 31,446 18,000 49,446 52,975 5,800,000 $ 49,500 1,500 51,000 Reserve for easements, title defects, etc. 10,000 Unappropriated surplus: Beginning balance Transfer to Interest and Redemption Fund for initial principal and interest requirements See accompanying notes. -0 - 11,400 (11,400) $5,952,021 EXHIBIT D 28 CITY OF EULESS, TEXAS WATER AND SEWER FUND NOTES TO BALANCE SHEET September 30, 1965 1. Revenues for water and sewer services rendered in the month of September were billed in October in accordance with usual pro- cedures. Expenses incurred relating to these revenues, such as salaries and wages, supplies, etc., have been deferred to apply against such revenues when accrued. 2. The City acquired the Water and Sewer System by purchase effective September 3, 1965 and took possession on that date. The effec- tive date of transfer of operations for revenue purposes was after the August 1965 meter reading date with certain designated operating expenses paid by the seller through agreed dates in September 1965. Depreciation for the month of September on the physical properties, which would not have exceeded $5,000, has not been accrued. 3. In connection with the purchase of the Water and Sewer System, the City assumed the obligation for payment of franchise and property taxes of the seller to the cities of Euless and Bedford. The seller paid over to the City in cash an amount equal to such obligations. 29 ASSETS Cash in bank FUND BALANCE Fund balance CITY OF EULESS, TEXAS TRUST AND AGENCY FUNDS BALANCE SHEET September 30, 1965 EXHIBIT E Social Security Escrow Total Fund Fund $6,952 $2,322 $4,630 $6,952 $2,322 $4,630 STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS Year ended September 30, 1965 Balance at beginning of year $5,469 $1,373 $4,096 Receipts: From General Fund 5,356 5,356 Interest 83 83 Escrow 534 534 11,442 6,812 4,630 Disbursements: Returns to General Fund 4,490 4,490 Balance at end of year $6,952 $2,322 $4,630 EXHIBIT E-1 30 CITY OF EULESS, TEXAS STATEMENT OF GENERAL FIXED ASSETS September 30, 1965 General fixed assets: Buildings Improvements other than buildings Machinery and equipment Investments in general fixed assets: From general bonds From current receipts $164,163 416,307 119,728 $700,198 $590,861 109,337 $700,198 EXHIBIT F 31 CITY OF EULESS, TEXAS STATEMENT OF CHANGES IN GENERAL FIXED ASSETS BY SOURCES Year ended September 30, 1965 Balance at beginning of year Add: Expenditures from bond funds Expenditures from current revenues Balance at end of year Total Buildings $ 86,309 $ 15,406 590,861 148,757 23,028 $700,198 $164,163 EXHIBIT F-1 Improvements other than buildings 416,307 $416 ; 307 STATEMENT OF GENERAL FIXED ASSETS CLASSIFIED BY DEPARTMENTS General Government Street Department Police Department Fire Department Park and Recreation Library $ 64,466 343,230 23,439 134,644 120,430 13,989 $7001198 $ 38,819 10,761 92,241 13,680 8,662 Machinery and equipment $ 70,903 25,797 23,028 $119,728 $ - $ 25,647 321,551 21,679 12,678 42,403 94,756 11,994 5,327 $164,163 $416,307 $119,728 EXHIBIT F-2 32 CITY OF EULESS, TEXAS STATEMENT OF GENERAL BONDED DEBT AND INTEREST September 30, 1965 Amount available and to be provided for the payment of general bonds and interest: Bond principal: Amount available in Interest and Redemption Fund (Exhibit C) To be provided in future years Total available and to be provided (Table V) Bond interest: To be provided in future years for bond interest (Table V) Total available and to be provided General bonds and interest payable in future years: General bonds Interest payable in future years Total bonds and interest payable 9,347 1,500,653 1,510,000 1,325,174 $2,835,174 $1,510,000 1,325,174 $2 , 835 ,174 EXHIBIT G SUPPLEMENTARY INFORMATION 33 CITY OF EULESS, TEXAS COMBINED BALANCE SHEET - ALL FUNDS September 30, 1965 TABLE 1 CITY OF EULESS, TEXAS COMBINED BALANCE SHEET - ALL FUNDS September 30, 1965 ASSETS Cash Accounts receivable, net Prepaid expenses Taxes receivable, net Due from other funds Investments Amount available and to be provided for retirement of bonds and interest Deposits with fiscal agent Land Buildings Improvements other than buildings Equipment LIABILITIES Payroll taxes payable Escrow payable Customers' deposits Bond interest payable in future years Bonds payable Due to other funds APPROPRIATIONS, BALANCES, RESERVES AND SURPLUS Appropriations Fund balances Reserves: For encumbrances For uncollected taxes For retirement of general bonded debt For Water and Sewer debt retirement For easements, title defects, etc. Surplus: Invested in property, plant and equipment Earned surplus Unappropriated surplus Total General all funds Fund $ 262,073 12,014 5,783 22,137 18,000 1,040,000 2,835,174 51,000 20,970 164,163 5,936,337 154,728 $10,522,379 $ 6,767 31,446 52,975 1,325,174 7,310,000 18,000 939,139 6,952 3,946 22,137 9,347 51,000 10,000 $14,320 91 16,658 18,000 25,000 $74,069 $ 6,767 3,946 16,658 700,198 (11,400) 46,698 46,698 $10,522,379 $74,069 34 Bond Funds Interest and Redemption Water and Fund Sewer Fund $176,139 $ 9,347 $ 55,315 11,923 5,783 5,479 763,000 252,000 51,000 20,970 5,520,030 35,000 $939,139 $14,826 $5,952,021 $ 939,139 $939,139. 5,479 9,347 31,446 52,975 5,800,000 18,000 51,000 10,000 (11,400) $14,826, $5,952,021 Trust and Agency Fund $6,952 $6,952 $ - 6,952 General Fixed Assets $ - $ 164,163 416,307 119,728 General Bonded Debt and Interest 2,835,174 $7001198 $2,835,174 $ - $ 700,19$ 1,325,174 1,510,000 $6,952 $700,198 $2,835,174 TABLE 1 35 CITY OF EULESS, TEXAS SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS Year ended September 30, 1965 General Fund Bond Funds Interest and Redemption Fund Water and Sewer Fund Trust and Agency Funds Balance 10-1-64 $28,125 5,469 Receipts $ 288,154 1,530,000 67,180 5,872,188 5,973 $331594 $7,763,495 Balance Disbursements 9-30-65 $ 301,959 $ 14,320 1,353,861 176,139 57,833 5,816,873 4,490 9,347 55,315 6,952 71535,016 $2621073 TABLE 2 36 CITY OF EULESS, TEXAS STATEMENT OF CHANGES IN TAXES RECEIVABLE Year ended September 30, 1965 Balance at beginning of year Add: Taxes levied Transfers from current taxes Total additions Total Deduct: Collections Transfers to delinquent taxes Adjustments Total deductions Balance at end of year TABLE 3 Total $ 8,704 258,464 17,026 275,490 284 ,194 243,700 17,026 1,331 262,057 22,137 Current taxes Delinquent taxes $ - $ 8,704 258,464 258,464 17,026 258,464 241,'197 17,026 241 258,464 $ - STATEMENT OF TAXES RECEIVABLE - BY FUNDS Delinquent taxes: 1964 1963 1962 1961 and prior September 30, 1965 Total $ 17,026 2,926 605 1,580 $ 22,137 General $ 12,812 2,202 455 1,189 $ 16,658 17,026 25,730 2,503 1,090 3,593 $22,137 Interest and sinking $ 4,214 724 150 391 $ 5,479 TABLE 4 37 CITY OF EULESS, TEXAS STATEMENT OF INVESTMENTS September 30, 1965 Short-term: General Fund: Time deposit - First National Bank of Euless First State Bank of Euless Certificates of deposit - First National Bank of Euless Street Improvement and Drainage Bond Fund: Certificates of deposit - First National Bank of Euless Public Buildings Bond Fund: Certificate of deposit - First State Bank of Euless Park and Recreation Bond Fund: Certificate of deposit - First National Bank of Euless Water and Sewer Fund: Meter Deposit Funds: Certificate of deposit - First State Bank of Euless Emergency Fund: Certificate of deposit - First State Bank of Euless Capital Improvements Escrow Fund: Certificate of deposit - First State Bank of Euless $ 5,000 5,000 15,000 $ 25,000 246,000 442,000 75,000 51,000 1,000 200,000 252,000 Total short-term investments $1,040,000 Note: All the above are for 31, 61 or 91 days all pay 3.75% interest. TABLE 5 38 CITY OF EULESS, TEXAS STATEMENT OF UTILITY AND GENERAL BONDS PAYABLE September 30, 1965 TABLE 6 CITY OF EULESS, TEXAS STATEMENT OF UTILITY AND GENERAL BONDS PAYABLE September 30, 1965 Description Street improvement and drainage Public parks Community center Police station and courts building Fire station GENERAL BONDS Date of Rate of interest issue 3.75, 3.60, 3.80 and 3.85% 9-28-64 7- 1-65 3.75, 3.60 and 3.80 9-28-64 7- 1-65 3.75, 3.60, 3.80 and 3.875 9-28-64 3.75, 3.60, 3.80 and 3.875 9-28-64 3.75, 3.60, 3.80 and 3.875 9-28-64 WATER AND SEWER REVENUE BONDS Waterworks and Sewer System Revenue Bonds, Series 1965 4-1/2 and 5-1/2 7-15-65 Waterworks and Sewer System Revenue Bonds, Series 1965A 4-1/2 7-15-65 39 Authorized $2,000,000 460,000 250,000 130,000 90,000 2,930,000 3,600,000 2,200,000 5,800,000 $8,7301000 Bonds Issued $ 430,000 455,000 100,000 75,000 250,000 130,000 90,000 1,530,000 Outstanding $ 870,000 170,000 250,000 130,000 90,000 1,510,000 3,600,000 3,600,000 2,200,000 5,800,000 $7,330,000 2,200,000 5,800,000 $7,310,000 TABLE 6 STATISTICAL DATA 40 CITY OF EULESS, TEXAS TAX LEVIES AND TAX COLLECTIONS TABLE I CITY OF EULESS, TEXAS TAX LEVIES AND TAX COLLECTIONS Collections Fiscal current years Tax roll period Assessed Total tax taxes during dates ending value levy fiscal period 10- 1-58 2-28-59 $ 4,192,060 $ 20,960 $ 16,711 10- 1-59 1-31-60 6,237,950 31,190 24,324 10- 1-60 1-31-61 8,723,570 43,618 33,892 10- 1-61 12-31-61 10,420,300 72,925 51,821 10- 1-62 9-30-63 13,609,560 95,976 94,462 10- 1-63 9-30-64 19,987,160 139,847 134,920 10- 1-64 9-30-65 25,693,730 256,937 241,197 Note: Taxes were first levied in 1958 by the City. Assessed values for the fiscal year ending September 30, 1966 are $30,285,610, and taxes to be levied are $302,856. 41 Per cent of levy Collection Total Ratio of collections on delinquent collections total during rolls during collection fiscal period fiscal period fiscal period to tax levy 79.72% $ -0- $ 16,711 79.72 77.98 1,981 26,305 84.33 77.70 3,668 37,560 86.11 71.04 5,519 57,340 78.61 99.15 6,466 100,928 105,94 96.47 3,120 138,040 98.70 93.87 2,503 243,700 94.85 (Note) TABLE I 42 CITY OF EULESS, TEXAS TAX RATES AND TAX LEVIES TAX RATES Tax roll dates City School County State Total 10- 1-58 $ .50 $ 1.12 $ .89 $ .42 $2.93 10- 1-59 .50 1.36 .77 .42 3.05 10- 1-60 .50 1.36 .79 .42 3.07 10- 1-61 .70 1.36 .82 .42 3.30 10- 1-62 .70 1.36 .82 .42 3.30 10- 1-63 .70 1.36 .82 .42 3.30 10- 1-64 1.00 1.36 .82 .42 3.60 10- 1-65 1.00 1.36 .82 .42 3.60 TAX LEVIES Tax roll Fiscal dates period City School County and State Total 10- 1-58 2-28-59 $ 20,960 $ 46,951 $ 31,189 $ 99,100 10- 1-59 1-30-60 31,190 84,836 46,410 162,436 10- 1-60 1-31-61 43,618 118,640 64,903 227,161 10- 1-61 12-31-61 72,942 141,716 77,527 292,185 10- 1-62 9-30-63 95,267 185,090 101,255 381,612 10- 1-63 9-30-64 139,847 271,825 148,704 560,376 10- 1-64 9-30-65 256,937 349,434 318,601 924,972 TABLE II 43 Fiscal period 2-28-59 1-30-60 1-31-61 12-31-61 9-30-62 9-30-63 9-30-64 9-30-65 CITY OF EULESS, TEXAS REVENUES - OTHER THAN PROPERTY TAXES Taxes (other than property taxes) $ 2,752 2,491 6,562 9,428 12,694 18,629 26,674 33,207 Licenses and permits $ 4,290 4,800 3,788 11,322 14,479 20,275 21,447 14,589 County fire Fines program Library Other $15,580 $ - 15,072 12,911 1,400 13,147 11,673 1,400 12,709 1,500 19,387 1,500 21,208 1,500 2,558 2,555 $ 210 142 595 595 799 1,711 2,086 31,209 TABLE III 44 Fiscal period ended 2-28-59 1-30-60 1-31-61 12-31-61 9-30-62 9-30-63 9-30-64 9-30-65 CITY OF EULESS, TEXAS EXPENDITURES FOR SELECTED FUNCTIONS General government $10,046 13,255 18,187 24,560 30,406 45,797 68,231 81,923 Law Fire Public Parks and enforcement department works recreation Library $13,703 24,918 34,702 43,350 38,075 65,494 76,123 97,958 $ 83 $ 98 523 300 2,037 3,278 3,427 23,218 15,396 31,790 11,272 42,659 19,610 14,092 TABLE IV 45 Year 1965-66 1966-67 1967-68 1968-69 1969-70 1970-71 1971-72 1972-73 1973-74 1974-75 1975-76 1976-77 1977-78 1978-79 1979-80 1980-81 1981-82 1982-83 1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-2000 2000-01 CITY OF EULESS, TEXAS BONDS OTHER THAN WATER AND SEWER REVENUE DEBT SERVICE CHARGES Bonds Principal Interest Total outstanding requirements requirements requirements $1,510,000 1,490,000 1,470,000 1,450,000 1,430,000 1,410,000 1,390,000 1,365,000 1,340,000 1,315,000 1,290,000 1,265,000 1,235,000 1,205,000 1,175,000 1,145,000 1,110,000 1,075,000 1,040,000 1,000,000 955,000 910,000 865,000 815,000 765,000 710,000 655,000 600,000 540,000 480,000 420,000 355,000 285,000 215,000 145,000 75,000 $ 20,000 $ 57,595 $ 77,595 20,000 56,845 76,845 20,000 56,095 76,095 20,000 55,345 75,345 20,000 54,595 74,595 20,000 53,845 73,845 25,000 53,095 78,095 25,000 52,157 77,157 25,000 51,220 76,220 25,000 50,283 75,283 25,000 49,345 74,345 30,000 48,407 78,407 30,000 47,283 77,283 30,000 46,158 76,158 30,000 45,078 75,078 35,000 43,997 78,997 35,000 42,738 77,738 35,000 41,478 76,478 40,000 40,148 80,148 45,000 38,627 83,627 45,000 36,913 81,913 45,000 35,197 80,197 50,000 33,483 83,483 50,000 31,577 81,577 55,000 29,673 84,673 55,000 27,540 82,540 55,000 25,407 80,407 60,000 23,275 83,275 60,000 20,949 80,949 60,000 18,623 78,623 65,000 16,313 81,313 70,000 13,810 83,810 70,000 11,115 81,115 70,000 8,385 78,385 70,000 5,655 75,655 75,000 2,925 77,925 $1,510,000 $1,325,174 $2,835`174 TABLE V 46 CITY OF EULESS, TEXAS REVENUE WATER AND SEWER BONDS DEBT SERVICE CHARGES Bonds Principal Interest Total Year outstanding requirements requirements requirements 1966 $5,800,000 $ - $ 297,000 $ 297,000 1967 5,800,000 297,000 297,000 1968 5,800,000 297,000 297,000 1969 5,800,000 261,000 261,000 1970 5,800,000 261,000 261,000 1971 5,800,000 261,000 261,000 1972 5,800,000 261,000 261,000 1973 5,730,000 70,000 261,000 331,000 1974 5,645,000 85,000 257,850 342,850 1975 5,555,000 90,000 254,025 344,025 1976 5,465,000 90,000 249,975 339,975 1977 5,370,000 95,000 245,925 340,925 1978 5,270,000 100,000 241,650 341,650 1979 5,165,000 105,000 237,150 342,150 1980 5,055,000 110,000 232,425 342,425 1981 4,940,000 115,000 227,475 342,475 1982 4,820,000 120,000 222,300 342,300 1983 4,695,000 125,000 216,900 341,900 1984 4,565,000 130,000 211,275 341,275 1985 4,430,000 135,000 205,425 340,425 1986 4,290,000 140,000 199,350 339,350 1987 4,140,000 150,000 193,050 343,050 1988 3,985,000 155,000 186,300 341,300 1989 3,825,000 160,000 179,`325 339,325 1990 3,655,000 170,000 172,125 342,125 1991 3,480,000 175,000 164,475 339,475 1992 3,295,000 185,000 156,600 341,600 1993 3,105,000 190,000 148,275 338,275 1994 2,905,000 200,000 139,725 339,725 1995 2,695,000 210,000 130,725 340,725 1996 2,475,000 220,000 121,275 341,275 1997 2,245,000 230,000 111,375 341,375 1998 2,005,000 240,000 101,025 341,025 1999 1,755,000 250,000 90,225 340,225 2000 1,495,000 260,000 78,975 338,975 2001 1,220,000 275,000 67,275 342,275 2002 935,000 285,000 54,900 339,900 2003 635,000 300,000 42,075 342,075 2004 325,000 310,000 28,575 338,575 2005 325,000 14,625 339,625 $5,800,000 $7,378,650 $13 �178)650 TABLE VI 47 CITY OF EULESS, TEXAS INSURANCE IN FORCE September 30, 1965 Fire and extended coverage: Scheduled Water and Sewer property Fire station #2 Vehicle liability - all vehicles: Bodily injury Property damage Amount of Expires Insurers insurance 9- 3-70 9-14-66 1 $ 576,800 1 72,000 2 2 10/20,000 5,000 Vehicle - fire and theft, extended coverage and $100 deductible collision 9-14-66 2 ACV Amusement liability 6- 9-66 3 50/100,000 Manufacturers' and contractors' liability - Water and Sewer operation: 9- 3-66 Bodily injury 5 100/300,000 Property damage 5 100,000 Vandalism and malicious mischief: 9- 3-70 Scheduled Water and Sewer property 1 576,800 Public Employees Blanket Bond: 2- 6-66 Specific employees 4 7,500 All other employees 4 2,500 Accident: 8-25-66 Volunteer fire department 2 1,000 Insurers: 1. International Insurance Co. of New York, New York 2. Aetna Insurance Company 3. Interstate Fire and Casualty Co. 4. Trinity Insurance Co. 5. United States Fire Insurance Co. This statement is intended only as a descriptive summary; no expression of opinion as to the adequacy of the coverage is intended. TABLE VII 48 CITY OF EULESS, TEXAS MISCELLANEOUS STATISTICAL FACTS Date of incorporation September 23, 1950 Date of adoption of Charter July 21, 1962 Form of government: Home rule Mayor - elected at large Five councilmen City manager Area 15.8 square miles Building permits: Permits issued - year ended September 30, 1965 Estimated cost 261 permits $3,566,835 Fire protection: Number of stations 2 Number of employees 4 full time (30 volunteer) (Second station built by Euless, manned by Fort Worth) Police protection: Number of stations 1 Number of employees 14 full time (4 part time) Education: Number of school campuses 6 Number of teachers 159 Number of students 3,752 Average daily attendance: Elementary school 2,063 Junior high school 1,673 Street lights 172 - 189 watt Incandescent 17 -295 watt Incandescent 47 -450 watt Mercury vapor TABLE VIII 49 CITY OF EULESS, TEXAS MISCELLANEOUS STATISTICAL FACTS (Continued) Municipal water plant: Number of consumers (9-30-65): Bedford 1,758 Euless 4,046 5,804 Average daily consumption 206 million gallons per day Plant capacity 4,800 per minute Miles of water mains: Bedford 34.82 miles Euless 60.71 miles 95.53 miles Number of fire hydrants: Bedford 110 Euless 206 316 Miles of sewer mains: Bedford 31.29 miles Euless 61.48 miles 92.77 miles Employees: Administration 3 Inspection 2 Police department 14 (4 part time) Fire department 4 Park department 3 Engineering department 2 Street department 3 Library 3 Water 14 Population: 1950 census 300 1960 census 4,236 1964 census (estimated) 14,000 1965 census (estimated) 14,500 Streets and alleys: (no alleys) Streets: Paved 29.3 miles TABLE VIII li