HomeMy WebLinkAboutFY 1966 Annual Financial Report - Audit,OFF ICIAL CO P Y
ANNUAL FINANCIAL REPORT
OF THE
CITY OF EULESS, TEXAS
FISCAL YEAR ENDED SEPTEMBER 30, 1966
ARTHUR YOUNG & COMPANY
REPORT
THE MUNICIPAL FINANCE OFFICERS ASSOCIATION
OF THE UNITED STATES AND CANA)A
QCertifie that
THE ANNUAL FINANCIAL REPORT OF
The City of CuLcss, Texas
1-Or the Fiscal year ended. September 30,196+
CONFORMS TO THE PRINCIPLES AND STANDARDS OF
PUBLIC FINANCIAL REPORTING AS PROMULGATED BY THE
unicipat finance fficercs afzociation
AND THE
_Rational Committee on obernmentat accounting
ntWry 13, 1965.
an, Co m ittee an Accounting
A Certificate of Conformance is awarded by the Municipal Finance Officers Association
of the United States and Canada only to the governmental unit whose financial report is
judged to substantially conform to the high standards of financial reporting establ;hed
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
Exhibit B
Exhibit B-1
Exhibit B-2
Exhibit C
Exhibit C-1
Exhibit C-2
Exhibit D
Exhibit D-1
Exhibit D-2
Exhibit E
Exhibit E-1
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
Bond Funds
Balance sheet
Statement of cash receipts and
disbursements
Statement of expenditures compared
with appropriations
Interest and Redemption Fund
Balance sheet
Analysis of changes in reserve for
retirement of general bonded debt
Statement of revenues and expenditures
Water and Sewer Fund
Balance sheet
Statement of income
Statement of operating expenses
Trust and Agency Funds
Balance sheet
Statement of cash receipts and
disbursements
Page
1- 3
4
5
6- 7
8-25
26
27
28
29
30
31
32-.33
34
35
36
36
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
37
38
38
39
40-41
42
43
43
44
45-46
47-48
49
50
51
52
53
54
55-57
City of
uee3J
EULESS, TEXAS
BUTLER 3.5381
201 ECTOR DRIVE 76039
November 15, 1966
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, 1966. This
report conforms to the principles and standards of public financial
reporting as promulgated by the Municipal Finance Officers Associa-
tion 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 subsidi-
ary 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 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. Depreciation on the depreciable property of the
Utility Fund has been 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,
A_Le) 1�
Mrs. Vada Ferris
City Secretary
ARTHUR YOUNG & COMPANY
Honorable W. G. Fuller, Mayor
and City Council
City of Euless
Euless, Texas
Gentlemen:
Scope of Examination
1000 CONTINENTAL NATIONAL BANK BUILDING
FORT WORTH,TEXAS
We have examined the balance sheets of the various funds
of the City of Euless, Texas, as indexed herein, as of September
30, 1966 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 procedures as we considered necessary in the cir-
cumstances.
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, as evidenced by the issuance to the City on
January 13, 1965 by the Municipal Finance Officers Association of
its Certificate of Conformance and the presentation to the City
Secretary in 1964 and 1965 by the Municipal Advisory Council of
Texas of its award for outstanding service in the field of debt
administration. 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.
2
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
recorded on the City's books after September 30, 1965, the custom-
ary billing date and related expenses incurred to that date were
deferred until the current year. These reports include twelve
months of revenue and approximately twelve and one-half months of
expenditures.
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, Increase
1966 1965 (decrease)
Cash and investments $24,316 $39,320 $(15,004)
Encumbrances 512 3,946 3,434
Payroll taxes payable - 6,767 6,767
Net available cash $23,804 $28,607 $ (4,803)
Unappropriated surplus $21,244 $46,698 $(25,454)
Cash
Earned surplus
Water and Sewer Fund
Year ended
September 30, Increase
1966 1965 (decrease)
48,918 53,240 $ 0,322)
$121,494 $(11,400) $110,094,
3
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, 1966 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.
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 14, 1966
4
CITY OF EULESS, TEXAS
GENERAL FUND
BALANCE SHEET
September 30, 1966
ASSETS
Cash:
Regular checking account $23,911
Petty cash funds 405
Due from Bond Funds 11,569
Accounts receivable 51
Taxes receivable 15,463
$51,399
LIABILITIES, RESERVES AND SURPLUS
Due to Bond Funds $14,180
Reserve for encumbrances 512
Reserve for uncollected taxes 15,463
30,155
Unappropriated surplus 21,244
151,399,
EXHIBIT A
CITY OF EULESS, TEXAS
GENERAL FUND
ANALYSIS OF CHANGES IN UNAPPROPRIATED SURPLUS
Year ended September 30, 1966
Balance at beginning of year
Add:
Encumbrances for services and
materials received in prior
year and unpaid at
September 30, 1965
Revenues
5
Excess or
Estimated Actual (deficiency)
$ 46,698 $ 46,698 $ -
3,946
301,015
351,659
3,946
311,594
362,238
10,579
10,579
Deduct:
Encumbrances for services and
materials received in
current year and unpaid at
September 30, 1966 - 512 512
Expenditures 359,096 340,482 (18,614)
359,096 340,994 (18,102)
Balance at end of year 1 (7,437) $ 21,244 $ 28,681
EXHIBIT A-1
6
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF REVENUE RECEIPTS - ESTIMATED AND ACTUAL
Year ended September 30, 1966
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 Service Company
Tri-City Cab Company
McCaf f ity Trash Disposal
Municipal Service Company
Licenses and permits:
Building permits
Plumbing permits
Electric permits
Heating and air conditioning
permits
Street inspections
Miscellaneous permits
Fines and fees:
Corporation court fines
Dog pound fees
Estimated
revenue
$176,110
30,800
600
207,510
Actual
revenue
$181,091
36,416
2,230
219,737
Excess or
(deficiency)
of actual
compared with
estimated
$ 4,981
5,616
1,630
12,227
6,000 6,694 694
16,500 18,342 1,842
4,500 4,681 181
500 589 89
15 32 17
1,140 1,353 213
4,354 4,354
28,655 36,045 7,390
4,000 2,545 (1,455)
3,500 2,196 (1,304)
3,100 2,562 (538)
1,000 749 (251)
200 194 (6)
1,500 1,202 (298)
13,300 9,448 (3,852)
23,000 22,834 (166)
800 510 (290)
23,800 23,344 (456)
EXHIBIT A-2
7
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF REVENUE RECEIPTS - ESTIMATED AND ACTUAL
Year ended September 30, 1966
(Continued)
Excess or
(deficiency)
of actual
Estimated Actual compared with
revenue revenue estimated
Other revenue:
Library receipts $ 350 $ 518 $ 168
Tarrant County library
contributions 2,000 2,000
Recreation Department income 4,500 7,486 2,986
Tarrant County fire
association 1,500 1,500
Interest income 20,000 7,375 (12,625)
Rental income 900 1,033 133
Miscellaneous income 500 3,108 2,608
27,750 23,020 (4,730)
GENERAL FUND REVENUES $301/015 $311,594 10,579
EXHIBIT A-2
8
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
Appropriations
Reserve for
encumbrances
at beginning
of year
General Government:
Administrative:
Supervision $ 13,590 $ Clerical 3,780
Extra help 1,000
Longevity 18
Office supplies 1,500 70
Motor fuel
Janitorial supplies 125
Maintenance - furniture and
furnishings 200
Maintenance - machinery and
equipment 250
Communications 1,000
Car allowances 1,800
Special services 250
Advertising 2,000
Travel expense and meetings 3,000
Association dues 350
Electric 250
Water 50
Gas 125
Election expense 250
Capital outlay:
Land 825
Furniture and fixtures 800
Machinery and equipment
Motor vehicles
Signal system
Non -departmental:
Retirement
Property and liability insurance
Group insurance
Tax office
31,163
2,600
3,500
4,000
10,000
70
9
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
Unencumbered
balance
$ 13,590 $ 14,395 $ (805) $ - $ (805)
3,780 3,543 237 237
1,000 1,279 (279) (279)
18 18
1,570 1,398 172 3 169
76 (76) (76)
125 125 125
200 190 10 10
250 283 (33) 18 (51)
1,000 656 344 344
1,800 941 859 859
250 187 63 63
2,000 803 1,197 1,197
3,000 2,952 48 48
350 883 (533) (533)
250 180 70 70
50 56 (6) (6)
125 61 64 64
250 141 109 109
825 1,316 (491) (491)
800 1,092 (292) (292)
843 (843) (843)
2,716 (2,716) (2,716)
836 (836) (836)
31,233 34,845 (3,612) 21 (3,633)
2,600 2,004 596 - 596
3,500 4,467 (967) (967)
4,000 3,825 175 175
10,000 9,381 619 619
EXHIBIT A-3
10
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
General Government: (continued)
Non -departmental: (continued)
Codification $ 2,500
Audit 850
Engineer fee 2,000
Land planner fee
Rents 2,700
Social security 9,000
37,150
Total General Government 68,313
Law Enforcement:
Police Department:
Supervision 8,127
Clerical 5,490
Labor operations 54,595
Extra help 4,340
Longevity 911
Overtime 4,400
Office supplies 700
Wearing apparel 1,199
Motor fuel supplies 4,250
Minor apparatus
Janitorial supplies 45
Other supplies 400
Maintenance - building 100
Maintenance - motor vehicles 2,050
Maintenance - signal system 750
Maintenance - heating and
cooling system 50
Communications 750
Special services 200
Travel expense and meetings 1,000
Association dues 105
Support of persons 300
Animal care 300
Reserve for
encumbrances
at beginning
of year
70
93
5
5
5
11
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
$ 2,500 $ -
850 850
2,000 3,819
2,634
2,700 2,839
9,000 9,000
37,150 38,819
68,383 73,664
$ 2,500 $
(1,819)
(2,634)
(139)
(1,669)
(5,281)
21
Unencumbered
balance
$ 2,500
(1,819)
(2,634)
(139)
(1,669)
(5,302)
8,127 8,127 - - -
5,490 9,041 (3,551) (3,551)
54,595 49,892 4,703 4,703
4,340 3,568 772 772
911 980 (69) (69)
4,400 5,421 (1,021) (1,021)
700 563 137 45 92
1,292 1,117 175 175
4,250 3,307 943 943
5 5
45 39 6 6
400 217 183 75 108
100 198 (98) (98)
2,055 2,844 (789) (789)
750 480 270 270
50 23 27 27
750 755 (5) (5)
200 142 58 58
1,000 522 478 478
105 95 10 10
300 441 (141) (141)
305 198 107 107
EXHIBIT A-3
12
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
Reserve for
encumbrances
at beginning
of year
Law Enforcement: (continued)
Police Department: (continued)
Electric $ 350 $
Water 55
Gas 125
Awards
Instruments and apparatus 985
Motor vehicles - replacements 3,300 2,480
Books
94 877 2,588
Legal and Corporation Court:
Judge's salary 1,500 -
Clerical 1,830
Office supplies 800 20
City attorney's fee 6,000
Travel expense and meetings 200
Refunds, etc. 550
10,880 20
Total Law Enforcement 105,757 2,608
Fire Department:
Supervision 5,640
Labor operations 14,358
Office supplies 100
Wearing apparel 200
Motor fuel supplies 1,000
Minor apparatus 300
Janitorial supplies 550
Chemical and medical supplies 25
Maintenance - building 200
Maintenance - instruments and
apparatus 500
Maintenance - motor vehicles 1,000
Maintenance - signal system 800
8
62
6
13
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
$ 350 $ 304 $ 46 $
55 52 3
125 82 43
19 (19)
985 1,282 (297)
5,780 5,441 339
57 (57)
97,465 95,212 2,253
1,500 1,550 (50)
1,830 1,830
820 539 281
6,000 6,227 (227)
200 86 114
550 415 135
10,900 10,647 253
108,365 105,859 2,506
5,640 5,640 -
14,358 14,755 (397)
108 130 (22)
200 206 (6)
1,000 1,185 (185)
362 347 15
550 422 128
25 15 10
200 224 (24)
500 27 473
1,006 1,182 (176)
800 457 343
120
120
4
103
32
Unencumbered
balance
$ 46
3
43
(19)
(297)
339
(57)
2,133
(50)
281
(227)
114
135
253
2,386
(397)
(22)
(6)
(185)
11
128
10
(24)
370
(208)
343
EXHIBIT A-3
14
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
Fire Department: (continued)
Communications $ 450
Special services
Travel expense and meetings 200
Association dues 75
Electric 350
Water 75
Gas 100
Utilities - fire station #2
Capital outlay:
Furniture and furnishings 150
Machinery and equipment 100
Instruments and apparatus 150
Motor vehicles 2,000
Signal system 600
Other 200
29,123
Street Department:
Supervision 1,800
Labor operations 14,070
Extra help 1,500
Overtime
Office supplies 50
Wearing apparel
Motor fuel supplies 2,000
Minor apparatus
Chemical 1,489
Mechanical supplies 800
Botanical supplies 500
Maintenance - streets and roadways 6,000
Maintenance - other 600
Maintenance - machinery
Maintenance - motor vehicles 900
Communications 150
Hire of equipment 500
Reserve for
encumbrances
at beginning
of year
$
76
11
50
15
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
Unencumbered
balance
$ 450 $ 436 $ 14 $ - $ 14
25 (25) (25)
200 315 (115) (115)
75 78 (3) (3)
350 298 52 52
75 46 29 29
100 62 38 38
1,062 (1,062) (1,062)
150 156 (6) (6)
100 56 44 44
150 103 47 47
2,000 2,351 (351) (351)
600 60 540 540
200 699 (499) (499)
29,199 _ 30,337 (1,138) 139 (1,277)
1,800 1,200 600 600
14,070 16,596 (2,526) (2,526)
1,500 1,861 (361) (361)
1,223 (1,223) (1,223)
50 30 20 20
178 (178) (178)
2,000 1,064 936 936
44 (44) (44)
1,500 1,516 (16) (16)
800 74 726 726
500 500 500
6,000 6,324 (324) 12 (336)
650 271 379 379
161 (161) (161)
900 2,144 (1,244) 40 (1,284)
150 103 47 47
500 500 500
EXHIBIT A-3
16
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
Reserve for
encumbrances
at beginning
of year
Street Department: (continued)
Special services
Travel expenses
Electric street lights 4,500
Capital outlay:
Machinery
Other vehicles
34,859
Engineering Department:
Supervision 7,650
Clerical 3,210
Labor maintenance 10,650
Office supplies 500
Motor fuel supplies 800
Minor apparatus 500
Machinery and implements 100
Instruments and apparatus 50
Maintenance - motor vehicles 200
Maintenance - signal systems 200
Communications 200
Hire of equipment 1,200
Travel expense 300
Electric
Water
Gas
Other 2,000
Capital outlay:
Furniture and furnishings 500
Signal systems 1,200
29,260
61
17
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
$ - $ 297 $ (297) $
47 (47)
4,500 4,153 347
298 (298)
126 (126)
_34,920 _37,710 (2,790)
7,650 - 7,650
3,210 3,289 (79)
10,650 9,618 1,032
500 390 110
800 139 661
500 45 455
100 10 90
50 50
200 3 197
200 200
200 185 15
1,200 488 712
300 300
30 (30)
10 (10)
32 (32)
2,000 24 1,976
500 22 478
1,200 1,055 145
29,260 15,340 13,920
52
Unencumbered
balance
$ (297)
(47)
347
(298)
(126)
(2,842)
7,650
(79)
1,032
110
661
455
90
50
197
200
15
712
300
(30)
(10)
(32)
1,976
478
145
13,920
EXHIBIT A-3
18
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
Inspection Department:
Supervision $ 6,300
Clerical 3,900
Extra help 550
Longevity 150
Office supplies 428
Motor fuel supplies 400
Janitorial supplies 522
Building maintenance (old City Hall) 2,000
Maintenance - motor vehicles 150
Maintenance - heating and
cooling system 200
Communications 400
Advertising 500
Travel expense and meetings 225
Association dues 25
Electric 200
Water 30
Gas 35
16,015
Library:
Supervision 4,020
Labor operations 6,225
Extra help 1,400
Longevity 113
Office supplies 550
Educational supplies 100
Building maintenance 600
Rebinding books 700
Communications 200
Hire of equipment 90
Travel expense and meetings 150
Association dues 25
Electric 300
Water 15
Reserve for
encumbrances
at beginning
of year
109
109
298
313
19
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
$ 6,300 $ 6,300 $ -
3,900 3,857 43
550 176 374
150 150
537 380 157
400 396 4
522 206 316
2,000 1,728 272
150 102 48
200 156 44
400 321 79
500 233 267
225 127 98
25 25
200 190 10
30 34 (4)
35 30 5
16,124 14,386 1,738
Unencumbered
balance
$ - $
1
1
43
374
157
4
316
271
48
44
79
267
98
25
10
(4)
5
1 737
4,020 4,020 - - -
6,225 5,476 749 749
1,400 1,380 20 20
113 108 5 5
848 795 53 20 33
100 100 100
600 600 600
1,013 996 17 17
200 200
90 90
150 181 (31) (31)
25 72 (47) (47)
300 214 86 86
15 15
EXHIBIT A-3
20
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
Library: (continued)
Gas
Capital outlay:
Furniture and furnishings
Machinery and implements
Books
(Continued)
Appropriations
20
600
200
5,002
20,310
Recreation Department::
Supervision 2,000
Labor operations 10,600
Office supplies 100
Wearing apparel 60
Motor vehicle supplies 270
Minor apparatus 100
Janitorial supplies 100
Chemical and medical supplies 100
Recreational supplies 400
Botanical supplies 250
Maintenance - machinery and
implements
Maintenance - motor vehicles 500
Maintenance - other 300
Communications 100
Car allowances 500
Special services
Rents 850
Association dues
Electric 1,500
Water 650
Contributions and awards 525
18,905
Reserve for
encumbrances
at beginning
of year
401
1,012
21
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
$ 20 $ 16 $ 4 $
600 31 569
200 200
5.403 5,214 189
21,322 18,808 2,514
2,000 2,120 (120)
10,600 10,600
100 512 (412)
60 91 (31)
270 82 188
100 4 96
100 11 89
100 75 25
400 672 (272)
250 250
10 (10)
500 60 440
300 1 299
100 135 (35)
500 530 (30)
12 (12)
850 574 276
15 (15)
1,500 614 886
650 650
525 328 197
18,905 16,446 2,459
69
89
16
16
Unencumbered
balance
4
569
200
120
2,425
(120)
(428)
(31)
188
96
89
25
(272)
250
(10)
440
299
(35)
(30)
(12)
276
(15)
886
650
197
2,443
EXHIBIT A-3
22
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
Park Department:
Supervision $ 5,400
Labor maintenance 12,340
Office supplies 320
Wearing apparel 400
Motor fuel supplies 500
Janitorial supplies 200
Chemical and medical supplies 600
Other supplies 1,500
Building maintenance 100
Maintenance - motor vehicles 100
Maintenance - other vehicles 90
Maintenance - signal system 200
Communications 200
Hire of equipment 600
Special services
Travel expense 200
Water 500
Capital outlay:
Furniture and furnishings 100
Machinery and implements
Signal system 600
Other
Swimming Pool:
Supervision
Labor operations
Office supplies
Wearing apparel
Janitorial supplies
Chemical and medical supplies
Other supplies
Building maintenance
Filtration plant upkeep
Maintenance - furniture and
furnishings
23,950
1,500
6,600
200
925
100
100
450
329
Reserve for
encumbrances
at beginning
of year
10
10
23
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
$ 5,400 $ 5,399 $ 1 $
12,340 8,827 3,513
320 145 175
400 394 6
500 466 34
200 17 183
600 228 372
1,500 509 991
100 196 (96)
100 995 (895)
100 70 30
200 200
200 100 100
600 628 (28)
14 (14)
200 1 199
500 500
100 136 (36)
62 (62)
600 528 72
10 (10)
23,960 18,725 5,235
1,500 1,710 (210)
6,600 4,741 1,859
37 (37)
61 (61)
200 54 146
925 821 104
100 43 57
100 53 47
450 35 415
72
72
3
Unencumbered
balance
$ 1
3,513
175
6
34
183
372
919
(96)
(895)
30
200
100
(28)
(14)
199
500
(36)
(62)
72
(10)
5 163
(210)
1,859
(37)
(61)
143
104
57
47
415
329 16 313 313
EXHIBIT A-3
24
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES AND ENCUMBRANCES
COMPARED WITH APPROPRIATIONS
Year ended September 30, 1966
(Continued)
Appropriations
Reserve for
encumbrances
at beginning
of year
Swimming Pool: (continued)
Maintenance - machinery and
implements $ 300 $
Communications 100
Hire of equipment
Electric 300
Water 1,500
Contributions and awards 200
Concession stand:
Salaries
Food supplies
12,604
$359.096 $ 3,946,
25
Encumbrances
outstanding
Unexpended at close
Total Expenditures balance of year
Unencumbered
balance
$ 300 $ 17 $ 283 $ - $ 283
100 79 21 21
113 (113) (113)
300 205 95 95
1,500 278 1,222 1,222
200 31 169 169
309 (309) (309)
604 (604) (604)
12,604 9,207 3 397 3 3,394
$363, 042 $340,482 $ 22,560 $ 513 $ 22,047
EXHIBIT A-3
26
ASSETS
Cash in bank
Certificates of
deposit
Assessments receivable
Due from General Fund
LIABILITIES, RESERVES
AND APPROPRIATIONS
Due to General Fund
Reserve for uncollected
assessments
Appropriations:
Unencumbered balance
CITY OF EULESS, TEXAS
BOND FUNDS
BALANCE SHEET
September 30, 1966
Total
$ 68,321
313,000
19,692
14,180
$415,193
$ 11,569
19,692
383,932
$415,193
Street
Improvement
an d
Drainage
Fund
$ 60,900
120,000
19,692
$200,592
$ 5,543
19,692
175,357
Public
Buildings
Fund
Park and
Recreation
Fund
$ 2,363 $ 5,058
123,000 70,000
14,180
$1391543
$75, 058
$ 30 $ 5,996
139,513 69,062
$200,592 $139,543 $75,058
EXHIBIT B
27
CITY OF EULESS, TEXAS
BOND FUNDS
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
Year ended September 30, 1966
Balance at beginning
of year
Receipts:
Proceeds from sale
of bonds
Interest on invested
funds
Paving assessments
Sale of right-of-way
Other participation
Disbursements:
Capital outlay
Balance at end of
year
Total
Street
Improvement
an d
Drainage
Fund
$ 939,139 $381,770
400,000 210,000
820
47,924
40,452
15,101
1,443,436
47,924
15,101
654,795
1,062,115 473,895
381,321 $180,900
EXHIBIT B-1
Public
Buildings
Fund
Park and
Recreation
Fund
$480,883 $ 76,486
115,000
820
40,452
637,155
511,792
$125,363
75,000
151,486
76,428
$ 75,058
28
CITY OF EULESS, TEXAS
BOND FUNDS
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
September 30, 1966
Amount appropriated:
From:
Bonds sold
Paving
assessments
Sale of
right-of-way
Interest earned
Other participation
Less expenditures:
Of prior fiscal
periods
Of this period
Unexpended balance
Total
$1,930,000
47,924
40,452
15,000
15,101
2,048,477
590,861
1,073,684
1,664,545
$ 3831932
Street
Improvement
an d
Drainage
Fund
Public
Buildings
Fund
Park and
Recreation
Fund
$935,000 $745,000 $250,000
47,924
15,101
998,025
343,230
479,438
822,668
$175,357
EXHIBIT B-2
$139,513
40,452
15,000
800,452
250,000
149,117 98,514
511,822 82,424
660,939 180,938
$ 69,062
29
CITY OF EULESS, TEXAS
INTEREST AND REDEMPTION FUND
BALANCE SHEET
September 30, 1966
ASSETS
Cash in bank
Taxes receivable
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, 1966
Balance at beginning of year
Add excess of revenues over
expenditures (Exhibit C-2)
Balance at end of year
EXHIBIT C-1
$17,900
6,012
$23,912
$ 6,012
17,900
$231912
$ 9,347
8,553
$17,900
30
CITY OF EULESS, TEXAS
INTEREST AND REDEMPTION FUND
STATEMENT OF REVENUES AND EXPENDITURES
Year ended September 30, 1966
Revenues:
General property taxes and penalty
and interest collected
Interest on investments earned
Expenditures:
Interest on bonds
Matured bonds
$84,512
2,273
86,785
$58,232
20,000 78,232
Excess of revenues over expenditures $ 8,553
EXHIBIT C -2
31
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
BALANCE SHEET
September 30, 1966
EXHIBIT D
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
BALANCE SHEET
September 30, 1966
ASSETS
Current assets:
Cash:
Systems Fund
Operations and Maintenance Fund
Customers' accounts receivable
Less provision for bad debts
Petty cash
Total current assets
$ 47,290
1,628 $ 48,918
34,499
371 34,128
100
83,146
Meter Deposit Fund:
Cash 1,309
Investments 27,000
Loan to operating fund 30,000 58,309
Emergency Fund:
Investments 13,000
Revenue Bonds Interest and Redemption Fund:
Cash with fiscal agent for interest
and redemption requirements 49,688
Cash and investments with fiscal agent
for reserve requirements 20,405 70,093
Capital Improvements Escrow Fund:
Cash 21,822
Investments 100,000 121,822
Utility plant in service:
Land 20,970
Water and Sewer System 5,769,730
Equipment 69,868
5,860,568
Less allowance for depreciation 117,042
Total utility plant in service 5,743,526
$6,0891896
LIABILITIES, RESERVES AND SURPLUS
Current and accrued liabilities:
Loan from Meter Deposit Fund
Customers' meter deposits
Revenue bonds payable
Reserve for retirement of revenue bonds:
For payment of matured coupons
and principal
For reserve requirements
Reserve for easements, title defects, etc.
Earned surplus
$ 49,688
20,405
32
$ 30,000
58,309
5,800,000
70,093
10,000
121,494
$6,089,896
EXHIBIT D
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF INCOME
Year ended September 30, 1966
Operating revenues:
Water sales
Sewer sales
Water and sewer tap fees
Other revenues
Total operating revenues
Operating expenses (Exhibit D-2)
Operating income
Other revenues:
Interest income
Payments by developers and outsiders
for water and sewer extensions
Income before debt service
and depreciation
Other deductions:
Interest and service charges on
funded debt
Contribution to water and sewer
debt service reserve
Contribution to water and sewer
emergency fund
$ 9,066
150,525
306,406
19,500
13,000
33
$445,218
136,195
13,268
12,230
606,911
189,060
417,851
159,591
577,442
Total other deductions 338,906
Income before deduction for depreciation 238,536
Depreciation 117,042
Net income to surplus '121,494
EXHIBIT D-1
34
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF OPERATING EXPENSES
Year ended September 30, 1966
General and administrative:
Salaries and wages $ 21,590
Office supplies 3,230
Postage 4,196
Maintenance buildings 696
Miscellaneous, advertising, etc. 709
Communications 1,817
Travel expense 463
Utilities 737 $ 33,438
Water production:
Salaries and wages 9,355
Gasoline and oil 1,176
Supplies 1,064
Maintenance equipment 1,861
Electricity 30,334 43,790
Water distribution:
Salaries and wages 25,739
Gasoline and oil 2,015
Supplies 2,894
Maintenance - machinery 1,641
Maintenance - motor vehicles 1,496
Maintenance - water mains 4,994
Maintenance - meter 3,086
Maintenance - service connections 2,469
Miscellaneous - travel, dues, etc 1,070 45,404
Sewage collection and treatment:
Salaries and wages 19,831
Chemical and other supplies 3,435
Maintenance - buildings 45
Maintenance - sanitary sewers 4,509
Maintenance - machinery 2,084
Maintenance - motor vehicles 1,044
Maintenance - sewer lines 1,312
Miscellaneous 58
Sewage charges - Hurst 2,621
Electricity 4,422 39,361
EXHIBIT D-2
35
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF OPERATING EXPENSES
Year ended September 30, 1966
(Continued)
Non -departmental:
Retirement $ 585
Property and liability insurance 8,049
Group insurance 1,303
Legal and audit 958
Engineers fees 10,680
Interest on loan 700
Social security 1,295
Franchise tax 1,023
Bad debts 2,474 $ 27,067
Total operating expenses $189,060
EXHIBIT D-2
36
ASSETS
CITY OF EULESS, TEXAS
TRUST AND AGENCY FUNDS
BALANCE SHEET
September 30, 1966
Social
Security Escrow
Total Fund Fund
Cash in bank $37.114 $14,036 $23.078
FUND BALANCE
Fund balance $37.114 $14,036 $23,078
EXHIBIT E
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
Year ended September 30, 1966
Balance at beginning of year $ 6,952 $ 2,322 $ 4,630
Receipts:
For social security, federal income
taxes withheld, employees insurance
premiums and employee United Fund
deductions 70,593 70,593
Escrow 18,448 18,448
Disbursements:
Payments for social security, federal
income taxes withheld, insurance
premiums and United Fund
95,993 72,915 23,078
58,879 58,879
Balance at end of year $37.114 $14,036 $23,078
EXHIBIT E-1
37
CITY OF EULESS, TEXAS
STATEMENT OF GENERAL FIXED ASSETS
September 30, 1966
General fixed assets:
Buildings $ 690,135
Improvements other than buildings 966,630
Machinery and equipment 137,436
Investment in general fixed assets:
From general bonds
From current revenues
EXHIBIT F
11,794.201,
$1,667,156
127,045
$1.794.201,
38
CITY OF EULESS, TEXAS
STATEMENT OF CHANGES IN GENERAL FIXED ASSETS
BY SOURCES
Balance at beginning
of year
Add:
Expenditures from
bond funds
Expenditures from
current revenues
Year ended September 30, 1966
Total
Buildings
$ 700,198 $164,163
1,076,295
17,708
525,972
Balance at end of year $1 k794 , 201 $690 , 135
EXHIBIT F-1
Improvements
other than
buildings
$416,307
550,323
$966,630
STATEMENT OF GENERAL FIXED ASSETS
CLASSIFIED BY DEPARTMENTS
General Government
Street Department
Police Department
Fire Department
Park and Recreation
Departments
Library
$ 258,181
817,549
167,008
138,070
375,732
37,661
.4194, 201
Machinery
and
equipment
$119,728
17,708
$137.436
$224,655 $ - $ 33,526
795,446 22,103
154,330 12,678
92,241 45,829
191,819 171,184 12,729
27,090 10,571
690 135 19664630 1137,436
EXHIBIT F-2
39
CITY OF EULESS, TEXAS
STATEMENT OF GENERAL BONDED DEBT AND INTEREST
September 30, 1966
Amount available and to be provided for the
payment of general bonded debt and interest:
Bond principal:
Amount available in Interest and
Redemption Fund (Exhibit C)
To be provided in future years
$ 17,900
1,872,100
Total available and to be provided (Table V) 1,890,000
Bond interest:
To be provided in future years for
bond interest (Table V)
1,988,231
Total available and to be provided $3,878,231
General bonds and interest payable
in future years:
General bonds
Interest payable in future years
$1,890,000
1,988,231
Total bonds and interest payable $3.878.231
EXHIBIT G
SUPPLEMENTARY INFORMATION
40
CITY OF EULESS, TEXAS
COMBINED BALANCE SHEET - ALL FUNDS
September 30, 1966
TABLE 1
CITY OF EULESS, TEXAS
COMBINED BALANCE SHEET - ALL FUNDS
September 30, 1966
ASSETS
Cash (Table 2)
Cash with fiscal agents
Temporary investments, including $31,000
with fiscal agents (Table 5)
Accounts receivable, net
Taxes receivable, net (Table 3)
Assessments receivable
Due from other funds
Amount available and to be provided for
retirement of bonds and interest
Land
Buildings
Improvements other than buildings
Equipment
LIABILITIES
Customers' deposits
Bond interest payable in future years
Bonds payable (Table 6)
Due to other funds
Total liabilities
APPROPRIATIONS, BALANCES,
RESERVES AND SURPLUS
Appropriations, unencumbered balance
Fund balances
Reserves:
For
For
For
For
For
For
encumbrances
uncollected taxes
uncollected assessments
retirement of general bonded debt
Water and Sewer debt retirement
easements, title defects, etc.
Total reserves
Surplus:
Invested in property, plant and equipment
Earned surplus
Unappropriated surplus
Total surplus
Total
all funds
$ 206,808
52,093
483,992
34,179
21,475
19,692
55,749
General
Fund
$24,316
51
15,463
11,569
3,878,231
20,970
690,135
6,623,976
202,646
$12,289,946 $51,399
$ 58,309 $ -
1,988,231
7,690,000
55,749 14,180
9,792,289 14,180
383,932
37,114
512 512
21,475 15,463
19,692
17,900
70,093
10,000
139,672 15,975
1,794,201
121,494
21,244
1,936,939
$12,289,946
21,244
21,244
$51,399
41
Interest
and
Bond Redemption
Funds Fund
$ 68,321 $17,900
313,000
6,012
19,692
14,180
$415,193 $23,912
$ - $
11,569
11,569
383,932
19,692
19,692
Sewer Fund
$ 72,149
52,093
158,000
34,128
30,000
20,970
Trust and
Agency
Funds
$24,122
12,992
5,657,346
65,210
$6,0892896 $372114
- $ 58,309
6,012
17,900
23,912
5,800,000
30,000
5,888,309
70,093
10,000
80,093
121,494
121,494
37,114
General
Fixed
Assets
$ -
690,135
966,630
137,436
1/794,201
General
Bonded
Debt and
Interest
3,878,231
$32878,231
- $
1,988,231
1,890,000
- 1,794,201
- 1,794,201
3,878,231
14152193 $232912 $6,089,896 $372114 $1,794,201 $32878,231
TABLE 1
42
CITY OF EULESS, TEXAS
SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS
Year ended September 30, 1966
General Fund
Bond Funds
Interest and
Redemption Fund
Water and Sewer Fund
Trust and Agency Funds
Balance
10-1-65
$ 14,320
176,139
9,347
55,315
6,952
$262, 073
Receipts
$ 519,466
954,297
86,785
874,068
89,041
,523,657
Balance
Disbursements 9-30-66
$ 509,470 $ 24,316
1,062,115 68,321
78,232
857,234
71,871
17,900
72,149
24,122
$2,578,922 206,808
TABLE 2
43
CITY OF EULESS, TEXAS
STATEMENT OF CHANGES IN TAXES RECEIVABLE
Year ended September 30, 1966
Current Delinquent
Total taxes taxes
Balance at beginning of year $ 22,137 $ - $22,137
Add:
Taxes levied 302,856 302,856
Transfers from current taxes 37,253 37,253
Total additions 340,109 302,856 37,253
Total 362,246 302,856 59,390
Deduct:
Collections 302,019 265,603 36,416
Transfers to delinquent taxes 37,253 37,253
Adjustments 1,499 1,499
Total deductions 340,771 302,856 37,915
Balance at end of year $ 21,475, $ - $21,475
TABLE 3
STATEMENT OF TAXES RECEIVABLE - BY FUNDS
September 30, 1966
Delinquent taxes:
General Fund
Interest and Redemption Fund
$15,463
6 012
$21,475
TABLE 4
44
CITY OF EULESS, TEXAS
STATEMENT OF INVESTMENTS
September 30, 1966
Short-term:
Street Improvement and Drainage Fund:
Certificates of deposit -
First National Bank, Euless
Public Building Bond Fund:
Certificates of deposit -
First National Bank, Euless
Park and Recreation Bond Fund:
Certificates of deposit -
First State Bank, Euless
Water and Sewer Fund:
Meter Deposit Fund:
Certificates of deposit -
First National Bank, Euless
Emergency Fund:
Savings account 4%
First State Bank, Euless
Capital Improvements Escrow Fund:
Certificates of deposit -
First State Bank, Euless
Revenue Bond Reserve Fund:
U.S.A. Treasury Bonds
4-1/4% due May 15, 1974
Trust and Agency Funds:
Escrow Fund:
Certificate of deposit -
First National Bank, Euless
Social Security Fund:
Savings account 4%
First State Bank, Euless
Note: All certificates of deposit
are for 31 days at 4-1/2%.
TABLE 5
$ 27,000
13,000
100,000
18,000
12,331
$120,000
123,000
70,000
158,000
661 12,992
$483,992
45
CITY OF EULESS, TEXAS
STATEMENT OF UTILITY AND GENERAL BONDS PAYABLE
September 30, 1966
TABLE 6
CITY OF EULESS, TEXAS
STATEMENT OF UTILITY AND GENERAL BONDS PAYABLE
September 30, 1966
GENERAL BONDS
Date of
Description Rate of interest issue
General Obligation:
Streets and Administration,
Police, Civic Center and
Library buildings:
Series 1964 3.75, 3.60, 3.80 and 3.85% 9-28-64
Series 1965 3.85 and 3.90 7- 1-65
Series 1966 4.65 7- 1-66
Park Bonds:
Series 1964 3.75, 3.60, 3.80 and 3.85 9-28-64
Series 1965 3.90, 3.85 and 5.00 7- 1-65
Series 1966 4.65 7- 1-66
WATER AND SEWER REVENUE BONDS
Waterworks and Sewer System
Revenue Bonds:
Series 1965
Series 1965a
4.50 and 5.50
4.50
7-15-65
7-15-65
46
Bonds
Authorized Issued Outstanding
$2,000,000 $ 900,000 $ 870,000
455,000 455,000
325,000 325,000
460,000 100,000 90,000
75,000 75,000
75,000 75,000
2,460,000 1,930,000 1,890,000
3,600,000 3,600,000 3,600,000
_2,200,000 _2,200,000 2,200,000
5,800,000 5,800,000 5,800,000
$8,260 000 lima,ma $7,690,000
TABLE 6
STATISTICAL DATA
47
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
10- 1-65 9-30-66 30,285,610 302,856 300,609
Note: Taxes were first levied in 1958 by the City.
Assessed values for the fiscal year ending
September 30, 1967 are $41,603,320, and
taxes to be levied are $320,348.
48
Per cent
of levy Collection Total Ratio of
collections on delinquent collections total
rolls rolls during collection
fiscal period fiscal period fiscal period to tax levy
79.72% $ -0- $ 16,711 79.72 (Note)
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
99.25 1,410 302,019 99.72
TABLE 1
49
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
10- 1-66 .77 1.45 .82 .42 3.46
TAX LEVIES
County
Tax roll Fiscal and
dates period City School 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
10- 1-65 9-30-66 302,856 411,884 375,541 1,090,281
TABLE II
50
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
9-30-66
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
36,045
Licenses
an d
permits
$ 4,290
4,800
3,788
11,322
14,479
20,275
21,447
14,589
9,448
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
23,344 1,500
TABLE III
$
$
$ 210
142
595
595
799
1,711
2,558 2,086
2,555 31,209
2,518 19,002
51
CITY OF EULESS, TEXAS
EXPENDITURES FOR SELECTED FUNCTIONS
Fiscal
period General
ended government
2-28-59
1-30-60
1-31-61
12-31-61
9-30-62
9-30-63
9-30-64
9-30-65
9-30-66
$10,046
13,255
18,187
24,560
30,406
45,797
68,231
81,923
73,664
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
105,859
$ 83
98
523
300
2,037
3,278
3,427
23,218
30,337
TABLE IV
15,396
31,790
42,659
67,436
11,272
19,610 14,092
44,378 18,808
52
CITY OF EULESS, TEXAS
BONDS OTHER THAN WATER AND SEWER REVENUE
DEBT SERVICE CHARGES
Bonds
Fiscal Outstanding Principal
1967 $1,890,000
1968 1,870,000
1969 1,850,000
1970 1,830,000
1971 1,810,000
1972 1,790,000
1973 1,765,000
1974 1,740,000
1975 1,715,000
1976 1,690,000
1977 1,665,000
1978 1,635,000
1979 1,605,000
1980 1,575,000
1981 1,545,000
1982 1,510,000
1983 1,475,000
1984 1,440,000
1985 1,400,000
1986 1,355,000
1987 1,310,000
1988 1,265,000
1989 1,215,000
1990 1,165,000
1991 1,110,000
1992 1,005,000
1993 1,000,000
1994 940,000
1995 880,000
1996 820,000
1997 755,000
1998 685,000
1999 615,000
2000 545,000
2001 475,000
2002 400,000
2003 325,000
2004 245,000
2005 165,000
2006 85,000
$ 20,000
20,000
20,000
20,000
20,000
25,000
25,000
25,000
25,000
25,000
30,000
30,000
30,000
30,000
35,000
35,000
35,000
40,000
45,000
45,000
45,000
50,000
50,000
55,000
55,000
55,000
60,000
60,000
60,000
65,000
70,000
70,000
70,000
70,000
75,000
75,000
80,000
80,000
80,000
85,000
$1,890,000
TABLE V
REQUIREMENTS
Interest
$ 75,995.00
75,245.00
74,495.00
73,745.00
72,995.00
72,245.00
71,307.50
70,370.00
69,432.50
68,495.00
67,557.50
66,432.50
65,307.50
64,227.50
63,147.50
61,887.50
60,627.50
59,297.50
57,777.50
56,007.50
54,237.50
52,467.50
50,507.50
48,547.50
46,360.00
44,172.50
41,985.00
39,603.75
37,222.50
34,912.50
32,410.00
29,715.00
26,985.00
24,255.00
21,525.00
18,600.00
15,112.50
11,392.50
7,672.50
3,952.50
Total
$ 95,995.00
95,245.00
94,495.00
93,745.00
92,995.00
97,245.00
96,307.50
95,370.00
94,432.50
93,495.00
97,557.50
96,432.50
95,307.50
94,227.50
98,147.50
96,887.50
95,627.50
99,297.50
102,777.50
101,007.50
99,237.50
102,467.50
100,507.50
103,547.50
101,360.00
99,172.50
101,985.00
99,603.75
97,222.50
99,912.50
102,410.00
99,715.00
96,985.00
94,255.00
96,525.00
93,600.00
95,112.50
91,392.50
87,672.50
88,952.50
$1,988,231.25 $3,878,231.25
53
CITY OF EULESS, TEXAS
REVENUE WATER AND SEWER BONDS
DEBT SERVICE CHARGES
Fiscal Bonds Principal Interest Total
year outstanding requirements requirements requirements
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 $7,081,650 $12,881,650
TABLE VI
54
CITY OF EULESS, TEXAS
INSURANCE IN FORCE
September 30, 1966
Amount of
Expires Insurers insurance
Fire and extended coverage:
Scheduled Water and Sewer property 9- 3-70 1 $ 576,800
Fire station #2 9- 3-70 1 72,000
Comprehensive Glass -
City offices, jail and
community center 9-28-67 5 Scheduled
Library books and furnishings 9-22-67 1 15,000
Vehicle liability - all vehicles:
Bodily injury 2 10/20,000
Property damage 2 5,000
Vehicle - fire and theft, extended
coverage and $100 deductible
collision 9-14-67 2 ACV
Amusement liability 6- 9-67 3 50/100,000
Manufacturers' and contractors'
liability - Water and Sewer
operation: 9- 3-67
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- 6-67
Specific employees 4 7,500
All other employees 4 2,500
Accident: 8-25-67
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
55
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 (Council - Manager)
Mayor - elected at large
Five councilmen
Area 15.8 square miles
Building permits:
Permits issued -
year ended September 30, 1966 147 permits
Estimated cost $2,286,881
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 17 full time
(6 part time)
Education:
Number of school campuses 8
Number of teachers 193
Number of students 4,418
Average daily attendance:
Elementary school 2,602
Secondary school 1,597
Library volumes:
City owned 8,827
State owned 500
County owned 5,673
15,000
TABLE VIII
56
Street lights
Parks:
Number
Total acres
CITY OF EULESS, TEXAS
MISCELLANEOUS STATISTICAL FACTS
(Continued)
172 - 189 watt Incandescent
35 - 295 watt Incandescent
46 - 450 watt Mercury vapor
3
45.14
Employees:
Administration 5
( 1 part time)
Inspection department 3
Police department 17
( 6 part time)
Fire department 4
Park department 2
( 8 part time)
Engineering department 1
Street department 5
Library 3
( 1 part time)
Water 15
Recreation department 1
(24 part time)
Swimming pool ( 8 part time)
Population:
1950 census 300
1960 census 4,236
1964 census (estimated) 14,000
1965 census (estimated) 14,500
1966 census (estimated) 15,000
Streets and alleys: (no alleys)
Streets:
Paved (including county roads) 55 miles
Unpaved 2.5 miles
State highway 10.4 miles
TABLE VIII
57
CITY OF EULESS, TEXAS
MISCELLANEOUS STATISTICAL FACTS
(Continued)
Municipal water plant:
Number of consumers (9-30-66):
Bedford
Euless
Maximum daily consumption
Average daily consumption
Plant capacity
1,921
4,331
6,252
4.8 million gallons per day
2.3 million gallons per day
6 million gallons per day
Miles of water mains:
Bedford 35 miles
Euless 61 miles
96 miles
Number of fire hydrants:
Bedford 110
Euless 206
316
Miles of sewer mains:
Bedford 31 miles
Euless 61 miles
92 miles
TABLE VIII