HomeMy WebLinkAboutFY 1967 Financial Statements and Supplementary Information - AuditCITY OF EULESS, TEXAS
FINANCIAL STATEMENTS
AND SUPPLEMENTARY INFORMATION
YEAR ENDED SEPTEMBER 30, 1967
with
REPORT OF CERTIFIED PUBLIC ACCOUNTANTS
CI P' II AL OO�PY
ARTHUR YOUNG & COMPANY
REPORT
THE MUNICIPAL FINANCE OFFICERS ASSOCIATION
OF THE UNITED STATES AND CANADA
Qt ertifiez tijat
THE ANNUAL FINANCIAL REPORT OF
The
e City of Cidess, Txas
For the "Fiscal year adedt Septeiiiber 3o,196 -
CONFORMS TO THE PRINCIPLES AND STANDARDS OF
PUBLIC FINANCIAL REPORTING AS PROMULGATED BY THE
*1unicipat finance 'i:fficer5 Z(555ociation
AND THE
,Rational Committee on irtobernmentai accounting
Presented Jamwxy 13, 1965.
Executive Director
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 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
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 D-3
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 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
Analysis of changes in earned surplus
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
8-16
17
18
19
20
20
21
22-23
24
25
26-28
29
30
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
31
32
32
33
34-35
36
37
37
38
39-40
41-42
43
44
45
46
47
48
49-51
City of
EULESS, TEXAS
BUTLER 3.5381
201 ECTOR DRIVE 76039
October 27, 1967
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, 1967. 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 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 is 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
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, 1967 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.
2
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 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:
Cash and investments
Encumbrances
Net available cash
Unappropriated surplus
Cash
Earned surplus
General Fund
Year ended
September 30, Increase
1967 1966 (decrease)
$ 2,388 $ 24,316 $(21,928)
512 (512)
$ 2,388 $ 23,804 $(21,416)
$ 2,388 $ 21,244 $(18,856)
Water and Sewer Fund
Year ended
September 30, Increase
1967 1966 (decrease)
$ 80,482 $ 48,918 $ 31,564
$176,523 $121,494 $ 55,029
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, 1967 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.
October 27, 1967
CITY OF EULESS, TEXAS
GENERAL FUND
BALANCE SHEET
September 30, 1967
ASSETS
Cash in banks:
Regular checking account
Payroll account
Petty cash and change funds
Taxes receivable
RESERVES AND SURPLUS
Reserve for uncollected taxes
Unappropriated surplus (Exhibit A-1)
4
$1,953
300 $ 2,253
135
21,029
$23,417
$21,029
2,388
$237417
EXHIBIT A
5
CITY OF EULESS, TEXAS
GENERAL FUND
ANALYSIS OF CHANGES IN UNAPPROPRIATED SURPLUS
Year ended September 30, 1967
Excess or
Estimated Actual (deficiency)
Balance at beginning of year $ 21,244 $ 21,244 $
Add:
Encumbrances for services and
materials received in prior
year and unpaid at
September 30, 1966 512 512
Revenues (Exhibit A-2) 366,730 365,325 (1,405)
388,486 387,081 (1,405)
Deduct:
Expenditures (Exhibit A-3) 381,526 384,693 (3,167)
Balance at end of year $ 6,960 $ 2,388 $(4,572)
EXHIBIT A-1
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF REVENUE RECEIPTS - ESTIMATED AND ACTUAL
Year ended September 30, 1967
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
Tarrant County Trash
Disposal
Licenses and permits:
Building permits
Plumbing permits
Electric permits
Heating and air conditioning
permits
Street inspections
Miscellaneous permits
Electric license exams
Fines and fees:
Corporation court fines
Dog pound fees
Estimated Actual
revenue revenue
$177,812
35,000
1,000
$206,488
13,519
1,280
213,812 221,287
7,700
21,000
5,000
600
18
1,500
35,818
3,000
2,700
3,000
6
Excess or
(deficiency)
of actual
compared with
estimated
$ 28,676
(21,481)
280
7,475
7,593 (107)
20,510 (490)
5,210 210
639 39
(18)
397 (1,103)
34,349 (1,469)
3,028 28
3,312 612
3,012 12
800 1,360 560
250 538 288
500 561 61
900 1,359 459
11,150
35,500
550
36,050
13,170 2,020
41,674 6,174
395 (155)
42,069 6,019
EXHIBIT A-2
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF REVENUE RECEIPTS - ESTIMATED AND ACTUAL
Year ended September 30, 1967
(Continued)
Other revenue:
Library receipts
Tarrant County library
contributions
Recreation Department income
Tarrant County fire
assistance
Interest income
Rental income
Miscellaneous income
Reimbursements from water
system funds
Reimbursements from Bond
Funds
Federal Library Grant
GENERAL FUND REVENUES
Estimated
revenue
$ 500
9,000
1,500
4,000
9,900
1,000
20,000
20,000
4,000
69,900
$366,730
$
7
Excess of
(deficiency)
of actual
Actual compared with
revenue estimated
805
2,000
9,155
1,600
5,167
10,405
1,318
20,000
4,000
54,450
$365,325
$ 305
2,000
155
100
1,167
505
318
(20,000)
(15,450)
$ (1,405)
EXHIBIT A-2
8
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
Appropriations Expenditures
Actual
(over)
unde r
General Government:
Administrative:
Supervision $ 8,200 $ 8,200 $ -
Clerical 9,150 11,110 (1,960)
Extra help 1,000 1,180 (180)
Longevity 94 68 26
Merit incentive 180 50 130
Office supplies 1,515 2,075 (560)
Motor fuel 200 253 (53)
Janitorial supplies 100 109 (9)
Maintenance - furniture
and furnishings 200 167 33
Maintenance - machinery and
equipment 728 478 250
Communications 3,000 2,650 350
Car allowances 400 387 13
Special services 250 327 (77)
Advertising 700 1,323 (623)
Travel expense and meetings 2,000 2,505 (505)
Association dues 800 789 11
Electric 2,000 2,000
Water 100 93 7
Gas 300 117 183
Election expense 170 308 (138)
Capital outlay:
Land 321 (321)
Buildings 626 (626)
Furniture and fixtures 1,000 493 507
Machinery and equipment 1,000 99 901
33,087 35,728 (2,641)
Non -departmental:
Retirement 2,700 2,079 621
Property and liability
insurance 6,000 6,116 (116)
Group insurance 4,500 3,806 694
Tax office 10,800 9,078 1,722
EXHIBIT A-3
9
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
General Government: (continued)
Non -departmental: (continued)
Audit
Engineer fee
Land planner fee
Rents
Social security
Total General Government
Law Enforcement:
Police Department:
Supervision
Clerical
Labor
Extra help
Longevity
Overtime
Merit incentive
Office supplies
Wearing apparel
Motor fuel supplies
Education supplies
Janitorial supplies
Other supplies
Maintenance - motor vehicles
Maintenance - signal system
Communications
Special services
Travel expense and meetings
Association dues
Support of persons
Animal care
Appropriations Expenditures
$ 1,000
3,600
2,400
1,720
11,000
43,720
76,807
9,000
13,684
67,320
5,790
1,152
4,000
400
745
1,200
4,000
400
100
100
2,050
1,075
850
171
800
134
300
200
EXHIBIT A-3
$ 850
6,450
11,195
1,433
11,000
52,007
87,735
9,000
13,331
63,608
5,709
1,143
3,560
300
711
1,069
3,698
200
92
95
1,802
601
895
168
711
133
282
146
Actual
(over)
under
$ 150
(2,850)
(8,795)
287
(8,287)
(10,928)
353
3,712
81
9
440
100
34
131
302
200
8
5
248
474
(45)
3
89
1
18
54
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Appropriations Expenditures
10
Actual
(over)
unde r
Law Enforcement: (continued)
Police Department: (continued)
Electric $ 2,000 $ 2,235 $ (235)
Water 125 147 (22)
Gas 160 114 46
Awards 25 19 6
Instruments and apparatus 425 397 28
Motor vehicles - replacements 4,405 4,405
Furniture and fixtures 375 375
Signal systems 295 162 133
121,281 115,108 6,173
Legal and Corporation Court:
Judge's salary 1,500 2,112 (612)
Clerical 3,816 3,816
Office supplies 600 1,149 (549)
City attorney's fees 6,000 6,405 (405)
Travel expense and meetings 200 200
Refunds, etc. 550 705 (155)
Utilities and other 680 659 21
13,346 14,846 (1,500)
Total Law Enforcement 134,627 129,954 4,673
Fire Department:
Supervision 5,820 5,182 638
Labor 14,730 16,235 (1,505)
Merit incentive 205 75 130
Office supplies 100 72 28
Wearing apparel 200 380 (180)
Motor fuel supplies 1,200 1,229 (29)
Minor apparatus 904 1,653 (749)
Janitorial supplies 100 419 (319)
Chemical and medical supplies 25 11 14
Educational supplies 100 4 96
Maintenance - building 400 144 256
Maintenance - instruments and
apparatus 203 271 (68)
Maintenance - motor vehicles 1,000 819 181
Maintenance - signal system 500 479 21
EXHIBIT A-3
11
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Actual
(over)
Appropriations Expenditures under
Fire Department: (continued)
Communications $ 450 $ 322 $ 128
Special services 7 (7)
Travel expense and meetings 300 137 163
Association dues 75 65 10
Electric 550 656 (106)
Water 60 95 (35)
Gas 200 89 111
Utilities - fire station #2 1,500 1,506 (6)
28,622 29,850 (1,228)
Street Department:
Labor 16,600 16,292 308
Office supplies 50 50
Wearing apparel 731 721 10
Motor fuel supplies 1,300 1,454 (154)
Minor apparatus 116 109 7
Chemical 800 859 (59)
Mechanical supplies 212 163 49
Botanical supplies 100 60 40
Maintenance - streets and
roadways 7,066 5,645 1,421
Maintenance - other 130 105 25
Maintenance - machinery 652 902 (250)
Maintenance - motor vehicles 1,539 620 919
Communications 150 218 (68)
Special services 100 23 77
Travel expenses 100 100
Electric street lights 4,500 4,877 (377)
Water and gas 110 80 30
Capital outlay:
Land 105 105
Machinery 1,000 921 79
Furniture 225 (225)
Other 23 (23)
35,361 33,452 1,909
EXHIBIT A-3
12
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Actual
(over)
Appropriations Expenditures under
Engineering Department:
Supervision $ 3,720 $ 3,720 $ -
Merit incentive 292 165 127
Office supplies 600 385 215
Motor fuel supplies 200 230 (30)
Minor apparatus 100 10 90
Buildings 100 111 (11)
Instruments and apparatus 50 50
Maintenance - motor vehicles 75 29 46
Maintenance - signal systems 25 25
Communications 200 238 (38)
Travel expense 150 150
Electric 800 893 (93)
Water 60 56 4
Gas 150 50 100
6,522 5,912 610
Inspection Department:
Supervision 4,320 4,320 -
Labor 3,600 3,687 (87)
Extra help 325 (325)
Longevity 124 124
Overtime 208 (208)
Office supplies 300 299 1
Motor fuel supplies 400 311 89
Janitorial supplies 2,000 1,802 198
Chemical 421 (421)
Building maintenance 100 766 (666)
Maintenance - motor vehicles 150 115 35
Maintenance - equipment 385 87 298
Communications 425 452 (27)
Advertising 200 98 102
Travel expense and meetings 190 175 15
Association dues 10 6 4
EXHIBIT A-3
13
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Actual
(over)
Appropriations Expenditures under
Inspection Department:
(continued)
Electric $ 700 $ 775 $ (75)
Water 60 60
Gas 150 22 128
Capital outlay - furniture 1,274 (1,274)
13,114 15,327 (2,213)
Library:
Supervision 4,320 4,320 -
Labor 6,467 5,479 988
Extra help 1,500 1,445 55
Longevity 149 149
Merit incentive 125 125
Office supplies 870 819 51
Janitorial supplies 100 10 90
Building maintenance 600 788 (188)
Rebinding books 1,000 1,000
Communications 200 200
Hire of equipment 90 90
Travel expense and meetings 150 159 (9)
Association dues 70 59 11
Electric 350 558 (208)
Water 60 85 (25)
Gas 120 173 (53)
Furniture 27 (27)
Rents 2,700 2,700
Capital outlay:
Books - City funds 2,015 1,754 261
Books - Federal Grant 4,000 2,567 1,433
24,886 21,382 3,504
Recreation Department:
Supervision 2,845 2,840 5
Clerical 900 889 11
Labor 16,487 16,540 (53)
EXHIBIT A-3
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Appropriations Expenditures
14
Actual
(over)
unde r
Recreation Department:
(continued)
Office supplies $ 376 $ 416 $ (40)
Wearing apparel 60 54 6
Motor vehicle supplies 36 (36)
Recreational supplies 1,000 981 19
Maintenance - building 200 350 (150)
Maintenance - machinery and
implements 150 182 (32)
Maintenance - motor vehicles 27 (27)
Maintenance - other 50 33 17
Communications 200 250 (50)
Car allowance 575 555 20
Travel 256 256
Rents 600 534 66
Association dues 50 36 14
Electric 2,350 2,453 (103)
Water 650 706 (56)
Gas 280 277 3
Contributions and awards 200 197 3
Advertising 350 325 25
Capital outlay:
Furniture 354 366 (12)
Motor vehicles 800 800
28,733 29,103 (370)
Park Department:
Supervision 2,635 1,970 665
Labor - maintenance 4,260 4,196 64
Extra help 10,844 10,421 423
Office supplies 50 17 33
Wearing apparel 125 210 (85)
Motor fuel supplies 750 923 (173)
EXHIBIT A-3
15
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Actual
(over)
Appropriations Expenditures under
Park Department: (continued)
Mechanical supplies $ 494 $ 461 $ 33
Chemical and medical supplies 1,072 1,045 27
Other supplies 350 328 22
Land maintenance 100 151 (51)
Building maintenance 100 58 42
Maintenance - motor vehicles 325 322 3
Maintenance - other vehicles 125 56 69
Maintenance - other 393 524 (131)
Communications 125 138 (13)
Hire of equipment 275 280 (5)
General dues 10 10
Electric 200 167 33
Water 1,000 1,145 (145)
Capital outlay:
Buildings 163 163
Heating and cooling system 100 100
23,496 22,685 811
Swimming pool:
Supervision 435 435 -
Labor 5,770 5,894 (124)
Office supplies 125 137 (12)
Wearing apparel 25 20 5
Janitorial supplies 28 50 (22)
Chemical and medical supplies 600 740 (140)
Other supplies 25 28 (3)
Building maintenance 25 25
Filtration plant upkeep 300 590 (290)
Maintenance - furniture and
furnishings 200 200
Maintenance - other 300 142 158
Communications 25 185 (160)
EXHIBIT A-3
16
CITY OF EULESS, TEXAS
GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
Year ended September 30, 1967
(Continued)
Actual
(over)
Appropriations Expenditures under
Swimming pool: (continued)
Hire of equipment $ 250 $ 17 $ 233
Electric 50 220 (170)
Water 450 260 190
Contributions and awards 50 38 12
Concession stand:
Food supplies 401 195 206
Capital outlay - furniture 299 342 (43)
9,358 9,293 65
$381,526 $384,693 $ (3,167)
EXHIBIT A-3
ASSETS
Cash in bank
Assessments receivable
LIABILITIES, RESERVES
AND APPROPRIATIONS
CITY OF EULESS, TEXAS
BOND FUNDS
BALANCE SHEET
September 30, 1967
Improvement
and
Drainage
Total Fund
$32,060 $10,564
63,648 63,648
$95,708 $74,212
Reserve for uncollected
assessments $63,648
Appropriations:
Unencumbered balance 32,060
$95,708
$63,648
10,564
$74212
Public
Buildings
Fund
$19,312
$19,312
19,312
$19,312
17
Park and
Recreation
Fund
$2,184
$2,184
2,184
$2,184
EXHIBIT B
CITY OF EULESS, TEXAS
BOND FUNDS
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
Year ended September 30, 1967
Cash balance at
beginning of year
Receipts:
Paving assessments
Other participation
Transfers from other
funds
Disbursements:
Capital outlay
Transfers to other
funds
Cash balance at
end of year
Total
Street
Improvement
and
Drainage
Fund
$381,321 $180,900
20,436
98,050
25,180
524,987
474,389
18,538
492,927
20,436
33,980
235, 316
214,210
10, 542
224,752
$ 32,060 $ 10,564
18
Public Park and
Buildings Recreation
Fund Fund
$125, 363
64,000
25,180
214,543
195,231
$75,058
70
75,128
64,948
7,996
195,231 72,944
$ 19,312 $ 2,184
EXHIBIT B-1
CITY OF EULESS, TEXAS
BOND FUNDS
STATEMENT OF EXPENDITURES COMPARED WITH APPROPRIATIONS
September 30, 1967
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
Street
Improvement
and
Drainage
Fund
Public
Buildings
Fund
19
Park and
Recreation
Fund
$1,930,000 $ 930,000 $750,000 $250,000
68,360
40,482
15,000
119,152
2,172,994
1,664,545
476,389
68,360
49,082
1,047,442
822,668
214,210
2,140,934 1,036,878
$ 32,060 $ 109564
40,482
15, 000
70,000
70
875,482 250,070
660,939
195,231
180,938
66,948
856,170 247,886
$ 199312 $ 2,184
EXHIBIT B-2
CITY OF EULESS, TEXAS
INTEREST AND REDEMPTION FUND
BALANCE SHEET
September 30, 1967
ASSETS
Cash in bank
Taxes receivable
LIABILITIES AND RESERVES
Reserve for uncollected taxes
Reserve for retirement of general
bonded debt (Exhibit C-1)
EXHIBIT C
ANALYSIS OF CHANGES IN RESERVE
FOR RETIREMENT OF GENERAL BONDED DEBT
Year ended September 30, 1967
Balance at beginning of year
Deduct excess of expenditures
over revenues (Exhibit C-2)
Balance at end of year
20
$11,696
8,590
$20,286
$ 8,590
11,696
$20,286
$17,900
6,204
$11,696
EXHIBIT C-1
CITY OF EULESS, TEXAS
INTEREST AND REDEMPTION FUND
STATEMENT OF REVENUES AND EXPENDITURES
Year ended September 30, 1967
Revenues:
General property taxes and penalty
and interest collected
Expenditures:
Interest on bonds
Matured bonds
$76,149
20,000
21
$89,945
96,149
Excess of expenditures over revenues $ 6,204
EXHIBIT C-2
22
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
BALANCE SHEET
September 30, 1967
EXHIBIT D
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
BALANCE SHEET
September 30, 1967
ASSETS
Current assets - operations:
Cash in banks $ 76,382
Cash investments 4,000,
Change fund 100/ $ 80,482
Customers' accounts receivable 39,312'
Less provision for bad debts 371 38,941
Total current assets - operations 119,423
Emergency Fund:
Cash 1,692,%
Investments 21,802'/ 23,494
Revenue Bonds Interest and Redemption Fund:
Cash with paying agent for interest and
redemption requirements 50,275K
Cash and investments with paying agent
for reserve requirements 38,297/ 88,572
Capital Improvements Escrow Fund:
Cash 3,274
Investments 78,000,, 81,274
Utility plant in service:
Land 20,9704'
Equipment 82,866./'
Water and Sewer System 6,009,204
6,113,040
Less allowance for depreciation 264,189," 5,848,851
$6,161,614
LIABILITIES, RESERVES AND SURPLUS
Customers' meter deposits
Revenue bonds payable
Reserve for emergencies
Reserve for retirement of revenue bonds:
For payment of matured coupons
and principal
For reserve requirements
Reserve for easements, title defects, etc.
Earned surplus (Exhibit D-1)
$50, 275
38,297
23
$ 63 , 025/
5,800,000
23,494
88,572
10,000''/
176,523
$6,161,614
EXHIBIT D
24
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
ANALYSIS OF CHANGES IN EARNED SURPLUS
Year ended September 30, 1967
Earned surplus at beginning of year $121,494
Add:
Net income (Exhibit D-2)
Deduct:
Appropriations to Reserve Fund
Appropriations to Emergency Fund
Earned surplus at end of year
$17,892
23,494
96,415
217,909
41,386
$176,523
EXHIBIT D-1
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF INCOME
Year ended September 30, 1967
Operating revenues:
Water sales
Sewer sales
Water and sewer tap fees
Miscellaneous operating revenues
Operating expenses excluding depreciation
(Exhibit D-3)
Net operating revenue excluding depreciation
25
$467,286
138,024
13,360
8,985
627,655
195,976
431,679
Non -operating revenue:
Interest income $ 6,786
Sale of right-of-way 3,705
Payments by developers and outsiders
for water and sewer extensions 129,100 139,591
Income available for debt service 571,270
Depreciation 147,147
424,123
Non -operating expenses:
Interest and service charges on
funded debt
Assessments by General Fund
Emergency Fund maintenance expense
297,000
28,400
2,308
327,708
Net income $ 96,415
EXHIBIT D-2
26
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF OPERATING EXPENSES
Year ended September 30, 1967
General and administrative:
Supervision $ 8,771
Clerical 15,019
Labor operations 11,701
Extra help 564
Longevity 62
Overtime 85
Merit increment 240
Office supplies 1,959
Postage 3,323
Laundry and cleaning 227
Maintenance - building 252
Maintenance - machinery and tools 674
Maintenance - signal system 419
Communications 2,027
Special services 1,067
Advertising 87
Travel expense 221
Dues and subscriptions 8
Electricity 229
Gas 102
Freight 12 $ 47,049
Water production:
Supervision 1,800
Labor operation 8,715
Labor maintenance 14,041
Extra help 272
Overtime 1,190
Wearing apparel 400
Motor fuel 1,060
Minor apparatus 704
Laundry 88
Mechanical supplies 72
Standpipes and reservoirs 181
Maintenance - machinery and tools 1,526
Maintenance - instruments and apparatus 164
Maintenance - motor vehicles 251
Maintenance - signal system 198
Special services 264
Electricity 46,392 77,318
EXHIBIT D-3
27
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF OPERATING EXPENSES
Year ended September 30, 1967
(Continued)
Water distribution:
Supervision $ 1,800
Labor operation 2,605
Labor - maintenance 6,579
Extra help 14
Longevity 68
Overtime 1,304
Wearing apparel 577
Motor fuel 1,678
Minor apparatus 900
Chemical 409
Maintenance - building 250
Maintenance - machinery 999
Maintenance - motor vehicles 337
Maintenance - water mains 4,865
Maintenance - water meters 1,352
Maintenance - signal system 525
Service connections 696
Fire hydrants 490
Hire of equipment 156
Special services 279
Travel 189 $ 26,072
Sewer collection and treatment:
Supervision 1,260
Labor - maintenance 8,187
Extra help 712
Overtime 892
Office supplies 4
Wearing apparel 423
Motor fuel 422
Minor apparatus 420
Laundry and cleaning 89
Chemical, medical 1,736
Maintenance - buildings 50
Maintenance - sanitary sewers 2,096
Maintenance - machinery 3,607
Maintenance - motor vehicles 214
Maintenance - sewer mains 1,158
Hire of equipment 33
Sewer treatment charges by other systems 2,555
Electric 3,001
Freight 2 26,861
EXHIBIT D-3
28
CITY OF EULESS, TEXAS
WATER AND SEWER FUND
STATEMENT OF OPERATING EXPENSES
Year ended September 30, 1967
(Continued)
Non -departmental:
Retirement $ 823
Property and liability insurance 4,977
Group insurance 1,812
Legal fees 980
Audit 925
Agent's fees 317
Social security 4,800
Franchise tax 3,219
Bad debts 823 $ 18,676
Total operating expenses $195,976
EXHIBIT D-3
ASSETS
Cash in bank
CITY OF EULESS, TEXAS
TRUST AND AGENCY FUNDS
BALANCE SHEET
September 30, 1967
LIABILITIES, RESERVES
AND FUND BALANCE
29
Social
Security Escrow
Total Fund Fund
$44,938 $18,977 $25,961
Payroll taxes payable $17,389 $17,389 $ -
Reserve for escrow deposits 25,961 25,961
Fund balance 1,588 1,588
$44,938 $18,977 $25,961
EXHIBIT E
CITY OF EULESS, TEXAS
TRUST AND AGENCY FUNDS
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
Year ended September 30, 1967
Balance at beginning of year
Receipts:
For social security, federal income
taxes withheld, employees insurance
premiums and employee United Fund
deductions
Escrow deposits
Disbursements:
Payments for social security, federal
income taxes withheld, insurance
premiums and United Fund
Escrow payments for street, drainage,
water and sewer construction
Balance at end of year
Social
Security
Total Fund
$ 37,114 $ 14,036
88,935 88,935
176,331
302,380 102,971
83,994
173,448
83,994
30
Escrow
Fund
$ 23,078
176,331
199,409
173,448
257,442 83,994 173,448
$ 44,938 $ 18,977 $ 25,961
EXHIBIT E-1
CITY OF EULESS, TEXAS
STATEMENT OF GENERAL FIXED ASSETS
September 30, 1967
General fixed assets:
Buildings
Improvements other than buildings
Machinery and equipment
Investment in general fixed assets:
From general bonds
From current revenues
31
$ 885,366
1,245,788
148,152
$2,279,306
$2,141,545
137,761
$2,279,306
EXHIBIT F
CITY OF EULESS, TEXAS
STATEMENT OF CHANGES IN GENERAL FIXED ASSETS
BY SOURCES
Year ended September 30, 1967
Total
Balance at beginning
of year $1, 794, 201
Add:
Expenditures from
bond funds
Expenditures from
current revenues
474,389
10,716
Buildings
$690,135
195,231
Balance at end of year $2,279,306 $885,366
EXHIBIT F-1
Improvements
other than
buildings
$ 966,630
279,158
32
Machinery
and
equipment
$137,436
10,716
$1,245,788 $148,152
STATEMENT OF GENERAL FIXED ASSETS
CLASSIFIED BY DEPARTMENTS
General Government
Street Department
Police Department
Fire Department
Park and Recreation
Departments
Library
Total
$ 272,094
1,033,033
167,740
138,070
484,462
183,907
$2,279,306
Buildings
$235,755
154,525
92,241
233,830
169,015
$885, 366
Improvements
other than
buildings
1,009,656
236, 132
12452788
Machinery
and
equipment
$ 36,339
23, 377
13,215
45,829
14,500
14,892
$148,152
EXHIBIT F-2
CITY OF EULESS, TEXAS
STATEMENT OF GENERAL BONDED DEBT AND INTEREST
September 30, 1967
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
Total available and to be provided (Table V)
Bond interest:
To be provided in future years for
bond interest (Table V)
33
$ 11,696
1,858,304
1,870,000
1,912,236
Total available and to be provided $3,782,236
General bonds and interest payable
in future years:
General bonds
Interest payable in future years
Total bonds and interest payable
$1,870,000
1,912,236
$3,782,236
EXHIBIT G
SUPPLEMENTARY INFORMATION
34
CITY OF EULESS, TEXAS
COMBINED BALANCE SHEET - ALL FUNDS
September 30, 1967
TABLE 1
CITY OF EULESS, TEXAS
COMBINED BALANCE SHEET - ALL FUNDS
September 30, 1967
ASSETS
Cash (Table 2)
Cash with fiscal agents
Temporary investments, including $35,532
with fiscal agents (Table 5)
Accounts receivable, net
Taxes receivable, net (Table 3)
Assessments receivable
Amount available and to be provided for
retirement of bonds and interest
Land
Buildings
Improvements other than buildings
Equipment
LIABILITIES
Payroll taxes payable
Customers' and developers' deposits
Bond interest payable in future years
Bonds payable (Table 6)
Total liabilities
APPROPRIATIONS, BALANCES,
RESERVES AND SURPLUS
Appropriations, unencumbered balance
Fund balances
Reserves:
For uncollected taxes and assessments
For emergencies of Water and Sewer System
For retirement of general bonded debt
For Water and Sewer debt retirement
For easements, title defects, etc.
Total reserves
Surplus:
Investment in general fixed assets
Earned surplus
Unappropriated surplus
Total surplus
*Net of accumulated depreciation.
Total General
all funds Fund
$ 171,842 $ 2,388
53,040
140,022
38,941
29,619
63,648
21,029
3,782,236
20,970
885,366
7,000,119
221,702
$12,407,505 $23,417
$ 17,389 $
88,986
1,912,236
7,670,000
9,688,611
32,060
1,588
93,267 21,029
23,494
11,696
88,572
10,000
227,029 21,029
2,279,306
176,523
2,388
2,458,217
$12,407,505
2,388
2,388
$23,417
Bond
Funds
Interest
and
Redemption
Fund
$32,060 $11,696
8,590
63,648
Water
and Sewer
Fund
$ 81,448
53,040
139,334
38,941
20,970
Trust and
Agency
Funds
$44,250
688
5,754,331*
73,550*
$95,708 $20,286 $6,161,614 $44,938
$ - $
32,060
63,648
General
Fixed
Assets
35
General
Bonded
Debt and
Interest
_
3,782,236
885,366
1,245,788
148,152
$2,279,306 $3,782,236
- $ - $17,389 $
63,025 25,961
8,590
11,696
63,648 20,286
5,800,000
5,863,025
23,494
88,572
10,000
122,066
176,523
43,350
1,588
1,912,236
1,870,000
- 3,782,236
2,279,306
176,523 - 2,279,306
$95,708 $20,286 $6,161,614 $44,938 $2,279,306 13,7822236
TABLE 1
CITY OF EULESS, TEXAS
SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS
Year ended September 30, 1967
General Fund
Bond Funds
Interest and
Redemption Fund
Water and Sewer Fund
Trust and Agency Funds
Balance
10-1-66
$ 24,316
381,321
17,900
72,049
36,453
36
Balance
Receipts Disbursements 9-30-67
$ 365,325
143,666
89,945
638,147
265,266
$ 387,253 $ 2,388
492,927 32,060
96, 149
628,748
257,469
$532,039 $1502,349 $1,862,546
11,696
81,448
44,250
$171,842
TABLE 2
37
CITY OF EULESS, TEXAS
STATEMENT OF CHANGES IN TAXES RECEIVABLE
Year ended September 30, 1967
Current Delinquent
Total taxes taxes
Balance at beginning of year $ 21,475 $ - $21,475
Add:
Taxes levied 320,348 320,348 -
Transfers from current taxes 16,163 16,163
Total 357,986 320,348 37,638
Deduct:
Collections
Transfers to delinquent taxes
Adjustments
Total deductions
Balance at end of year
TABLE 3
309,952 304,185 5,767
16,163 16,163
2,252 2,252
328,367 320,348 8,019
$ 29,619 $ - $29,619
STATEMENT OF TAXES RECEIVABLE - BY FUNDS
September 30, 1967
Delinquent taxes:
General Fund
Interest and Redemption Fund
$21,029
8,590
$29,619
TABLE 4
CITY OF EULESS, TEXAS
STATEMENT OF INVESTMENTS
September 30, 1967
Short-term:
Water and Sewer Fund:
Meter Deposit Fund:
Certificates of deposit -
First National Bank, Euless
First State 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, at cost,
4-1/4% due May 15, 1974
Trust and Agency Funds:
Social Security Fund:
Savings account 4%
First State Bank, Euless
Note: All certificates of deposit
are for 31 days at 3.75%.
38
$ 2,000
2,000
21, 802
78,000
35,532
139,334
688
$140,022
TABLE 5
39
CITY OF EULESS, TEXAS
STATEMENT OF UTILITY AND GENERAL BONDS PAYABLE
September 30, 1967
TABLE 6
CITY OF EULESS, TEXAS
STATEMENT OF UTILITY AND GENERAL BONDS PAYABLE
September 30, 1967
GENERAL BONDS
Date of
Description Rate of interest issue
General Obligation:
Streets and Administration,
Police, Civic Center and
Library buildings:
Series 1964
Series 1965
Series 1966
Park Bonds:
Series 1964
Series 1965
Series 1966
3.75, 3.60, 3.80 and 3.85%
3.85 and 3.90
4.65
3.75, 3.60, 3.80 and 3.85
3.90, 3.85 and 5.00
4.65
WATER AND SEWER REVENUE BONDS
Waterworks and Sewer System
Revenue Bonds:
Series 1965
Series 1967
4.50 and 5.50
4.50
9-28-64
7- 1-65
7- 1-66
9-28-64
7- 1-65
7- 1-66
7-15-65
1-15-67
Authorized
Bonds
Issued
40
Outstanding
$2,000,000 $ 900,000 $ 855,000
455,000 455,000
325,000 325,000
460,000 100,000 85,000
75,000 75,000
75,000 75,000
2,460,000 1,930,000 1,870,000
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 $7,730,000 $7,670,000
TABLE 6
STATISTICAL DATA
41
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 2-28-69 $ 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
10 -1-66 9-30-67 41,603,320 320,348 304,185
Note: Taxes were first levied in 1958 by the City.
Assessed values for the fiscal year ending
September 30, 1968 are $45,009,290, and
taxes to be levied on October 1, 1967 are
$382,592.
42
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
94.95 5,767 309,952 96.71
TABLE 1
43
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
10- 1-67 .85 1.45 .82 .42 3.54
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
10- 1-66 9-30-67 320,348 603,248 515,881 1,439,477
TABLE II
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
9-30-67
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
34,349
Licenses
and
permits
$ 4,290
4,800
3,788
11,322
14,479
20,275
21,447
14, 589
9,448
13,170
44
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
42,069 1,600
2,558
2,555
2,518
6,805
$ 210
142
595
595
799
1,711
2,086
31,209
19,002
26,045
TABLE III
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
9-30-67
$10,046
13,255
18,187
24,560
30,406
45,797
68,231
81,923
73,664
87,735
45
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
129,954
$ 83
98
523
300
2,037
3,278
3,427
23,218
30, 337
29,850
15, 396
31,790
42,659
67,436
54,691
11,272
19,610
44,378
61,081
14,092
18,808
21, 382
TABLE IV
CITY OF EULESS, TEXAS
BONDS OTHER THAN WATER AND SEWER REVENUE
DEBT SERVICE CHARGES
Bonds
Fiscal outstanding Principal
1968 $1,870,000 $ 20,000
1969 1,850,000 20,000
1970 1,830,000 20,000
1971 1,810,000 20,000
1972 1,790,000 25,000
1973 1,765,000 25,000
1974 1,740,000 25,000
1975 1,715,000 25,000
1976 1,690,000 25,000
1977 1,665,000 30,000
1978 1,635,000 30,000
1979 1,605,000 30,000
1980 1,575,000 30,000
1981 1,545,000 35,000
1982 1,510,000 35,000
1983 1,475,000 35,000
1984 1,440,000 40,000
1985 1,400,000 45,000
1986 1,355,000 45,000
1987 1,310,000 45,000
1988 1,265,000 50,000
1989 1,215,000 50,000
1990 1,165,000 55,000
1991 1,110,000 55,000
1992 1,055,000 55,000
1993 1,000,000 60,000
1994 940,000 60,000
1995 880,000 60,000
1996 820,000 65,000
1997 755,000 70,000
1998 685,000 70,000
1999 615,000 70,000
2000 545,000 70,000
2001 475,000 75,000
2002 400,000 75,000
2003 325,000 80,000
2004 245,000 80,000
2005 165,000 80,000
2006 85,000 85,000
Requirements
Interest
$ 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
$1,870,000 $1,912,236.25
46
Total
$ 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
7821236.25
TABLE V
47
CITY OF EULESS, TEXAS
REVENUE WATER AND SEWER BONDS
DEBT SERVICE CHARGES
Fiscal Bonds Principal Interest Total
year outstanding requirements requirements requirements
1968 $5,800,000
1969 5,800,000
1970 5,800,000
1971 5,800,000
1972 5,800,000
1973 5,730,000
1974 5,645,000
1975 5,555,000
1976 5,465,000
1977 5,370,000
1978 5,270,000
1979 5,165,000
1980 5,055,000
1981 4,940,000
1982 4,820,000
1983 4,695,000
1984 4,565,000
1985 4,430,000
1986 4,290,000
1987 4,140,000
1988 3,985,000
1989 3,825,000
1990 3,655,000
1991 3,480,000
1992 3,295,000
1993 3,105,000
1994 2,905,000
1995 2,695,000
1996 2,475,000
1997 2,245,000
1998 2,005,000
1999 1,755,000
2000 1,495,000
2001 1,220,000
2002 935,000
2003 635,000
2004 325,000
2005
70,000
85,000
90,000
90,000
95,000
100,000
105,000
110,000
115,000
120,000
125,000
130,000
135,000
140,000
150,000
155, 000
160,000
170,000
175,000
185, 000
190,000
200,000
210,000
220,000
230,000
240,000
250,000
260,000
275,000
285,000
300,000
310,000
325,000
$5,800,000
$ 297,000
261,000
261,000
261,000
261,000
261,000
257,850
254,025
249,975
245,925
241,650
237,150
232,425
227,475
222,300
216,900
211,275
205, 425
199, 350
193,050
186,300
179, 325
172,125
164,475
156,600
148,275
139,725
130,725
121,275
111,375
101,025
90,225
78,975
67,275
54,900
42,075
28, 575
14,625
$ 297,000
261,000
261,000
261,000
261,000
331,000
342,850
344,025
339,975
340,925
341,650
342,150
342,425
342,475
342,300
341,900
341,275
340,425
339,350
343,050
341, 300
339, 325
342,125
339,475
341,600
338,275
339,725
340,725
341,275
341, 37 5
341,025
340,225
338,975
342,275
339,900
342,075
338, 575
339,625
$6,784,650 $12,584,650
TABLE VI
48
CITY OF EULESS, TEXAS
INSURANCE IN FORCE
September 30, 1967
Amount of
Expires Insurers insurance
Fire and extended coverage;
80% coinsurance:
Scheduled Water and Sewer property 9 -3-70 1 $ 576,800
City offices and community center 9-28-69 1 449,170
Fire station #1 9-10-68 2 10,000
Fire station #2 9 -3-70 1 72,000
Library books and furnishings 9-22-68 1 15,000
Water meter storage 11-29-68 1 20,000
Vandalism and malicious mischief:
Scheduled Water and Sewer property 9-30-70 1 576,800
City offices and community center 9-28-69 1 449,170
Comprehensive glass breakage:
City offices and community center 9-28-68 5 Scheduled
Vehicle liability - all vehicles:
Bodily injury 9-14-68 2 10/20,000
Property damage 5,000
Amusement liability 6 -9-68 3 50/100,000
Manufacturers' and contractors'
liability - Water and Sewer
operation:
Bodily injury 9 -3-68 4 100/300,000
Property damage 100,000
Vehicle - fire and theft, extended
coverage and $100 deductible
collision 9-14-68 2 ACV
Public Employees Blanket Bond:
Specific employees 2 -8-68 4 7,500
All other employees 2,500
Accident:
Volunteer fire department 8-25-68 2 1,000
Insurers:
1. International Insurance Co. of New York, New York
2. Aetna Insurance Company
3. Interstate Fire and Casulaty 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
49
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, 1967 254 permits
Estimated cost $8,588,538
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
Number of employees
1
18 full time
Education:
Number of school campuses 8
Number of teachers 211
Number of students 4,974
Average daily attendance:
Elementary school 2,819
Secondary school 2,035
Library volumes:
City owned 11,350
State owned 500
County owned 3,500
15,350
TABLE VIII
CITY OF EULESS, TEXAS
MISCELLANEOUS STATISTICAL FACTS
(Continued)
Street lights
Parks:
Number
Total acres
Employees:
Legislative, Executive,
Administrative and Finance
Legal and Corporation Court
Library
Police department
Animal Control
Fire department
School Crossing Guards
Inspection
Street and Drainage
Civic Center
Recreation, Park and Pool
Community Building
Water
Population:
1950
1960
1964
1965
1966
1967
census
census
census
census
census
census
(estimated)
(estimated)
(estimated)
(estimated)
Streets and alleys: (no alleys)
Streets:
Paved (including county roads)
Unpaved
State highway
50
177 - 189 watt Incandescent
35 - 295 watt Incandescent
46 - 450 watt Mercury vapor
5 - 400 watt Mercury vapor
3
45.14
3
1 part time
1
3
1 part time
18
1
4
7
2
7
3
4
28 part time
1
3 part time
16
300
4,236
14,000
14,500
15,000
16,500
55 miles
2,5 miles
10.4 miles
TABLE VIII
51
CITY OF EULESS, TEXAS
MISCELLANEOUS STATISTICAL FACTS
(Continued)
Municipal water plant:
Number of consumers (9-30-67)
Bedford
Euless
Maximum daily consumption
Average daily consumption
Plant capacity
2,046
4,531
6,577
5.9 million gallons per day
2.5 million gallons per day
6 million gallons per day
Miles of water mains:
Bedford 35 miles
Euless 65 miles
100 miles
Number of fire hydrants:
Bedford 110
Euless 206
316
Miles of sewer mains:
Bedford 31 miles
Euless 61 miles
Water and Sewer Revenue Bonds -
Series 1965 and Series 1967 -
Coverage :
Water and Sewer Revenue Funds
income available for debt
service
92 miles
$571,270
Average annual debt service
requirements $331,175
Coverage 1.72 times
TABLE VIII