FY1998 Audit Report CityCITY OF BLAIR, NEBRASKA
SEPTEMBER 30, 1998
EDWA RD W. SO-HROEDER
CERTIFIED PUBLIC ACCOUNTANT
1904 SOUTH STREET
BOX 486
BLAIR, NEBRASKA 68008
Honorable Mayor and Members
of the City Council
City of Blair, Nebraska
Gentlemen:
January 18, 1999.
"Independent Auditor's Report"
RESIDENCE:
(402) 468-5263
OFFICE:
(402.) 426-4080
I have audited the accompanying general-purpose financial statements and
the combining, individual fund, and account group statements of the City of
Blair, Nebraska as of and for the years ended September 30, 1997 and 1998, as
listed in the table of contents. These financial statements are the respon-
sibility of the City of Blair's management. My responsibility is to express an
opinion on these financial statements based on my audit.
I conducted my audit in accordance with generally accepted auditing stan-
dards and the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstate-
ment. An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
I believe that my audit provides a reasonable basis for my opinion.
In my opinion, the general-purpose financial statements referred to above
present fairly, in all material respects, the financial position of the City of
Blair, Nebraska as of September 30, 1997 and 1998, and the results of its
operations and the cash flows of its proprietary fund types and nonexpendable
trust funds for the years then ended in conformity with generally accepted
accounting principles. Also, in my opinion, the combining, individual fund,
and account group financial statements referred to above present fairly, in all
material respects, the financial position of each of the individual funds and
account groups of the City of Blair, Nebraska, at September 30, 1997 and Sep-
tember 30, 1998, and the results of operations of such funds and the changes in
cash flow of the individual proprietary funds for the years then ended, in
conformity with generally accepted accounting principles.
In accordance with Government Auditing Standards, I have also issued my
report dated January 18, 1999 on my consideration of the City of Blair's inter-
nal control over financial reporting and my tests of its compliance with cer-
tain provisions of laws, regulations, contracts and grants.
Mayor and Members of
the City Council
January 30, 1999
Page 2
My audit was performed for the purpose of forming an opinion on the gener-
al-purpose financial statements of City of Blair, Nebraska, taken as a whole
and the combining, individual fund, and account group statements. The accompa-
nying supplemental schedules listed in the forgoing table of contents are
presented for the purpose of additional analysis, and are not a required part
of the general-purpose financial statements. Such information has been sub-
jected to the auditing procedures applied in the audit of the general-purpose
financial statements and, in my opinion, is fairly stated, in all material
respects, in relation to the general-purpose financial statements taken as a
whole.
Edward W. Schroeder
Certified Public Accountant
CITY OF BLAIR, NEBRASKA
TABLE OF CONTENTS
INDEPENDENT AUDITORS' REPORT
Page
1-2
COMBINED STATEMENTS:
Combined Balance Sheet - All Fund Types and Account
[3-4
Groups
Combined Statement of Revenue, Expenditures and
Changes in Fund Balance - All Government
Fund Types
5-6
Combined Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget and Actual -
General Fund
7
Combined Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget and
Actual - Debt Service Fund
8
Combined Statement of Revenues, Expenditures and
ry_ Changes in Fund Balance - Budget and
Actual - Special Revenue Fund
9
Combined Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget and
Actual - Capital Improvement Fund
10
Combined Statement of Revenues, Expenses and Changes
in Retained Earnings/Fund Balance - Budget
and Actual - All Proprietary Fund Types and
Similar Trust Funds
11
General Fixed Assets Account Group:
Statement of General Fixed Assets
12
Statement of Changes in General Fixed Assets
13
General Long -Term Debt Account Group:
Statement of General Obligation Bonds Principal
and Interest Requirements by Year of Maturity
14
Statement of Changes in General
r g Long -Term Debt
15
Combined Statement of Cash Flow - All Proprietary
Fund Types and Similar Trust Funds
16
Comparative Combined Balance Sheets - General and
Special Revenue Funds
17
Comparative Combined Balance Sheets - Debt Service
and Capital Improvement Funds
18
Comparative Combined Balance Sheets - Enterprise
and General Insurance Funds
19
Comparative Combined Balance Sheets - General Fixed
Assets and General Long -Term Debt
20
Comparative Combined Statement of Revenues,
Expenditures And Changes in Fund Balances - General
and Special Revenue Funds
21
Comparative Combined Statement of Revenues,
Expenditures And Changes in Fund Balances - Debt
Services and Capital Improvements Funds
22
Comparative Combined Statement of Revenues,
Expenditures And Changes in Retained Earnings/Fund
Balances - Enterprise and Insurance Funds
23
CITY OF BLAIR, NEBRASKA
TABLE OF CONTENTS
NOTES TO FINANCIAL STATEMENTS
Page
24-31
SPECIAL REVENUE FUNDS:
Combining Balance Sheet
32
Combining Schedule of Revenues, Expenditures and
Changes in Fund Balances - Special Revenue Funds
33
Individual Statement of Gross Proceeds Distribution
and Changes in Fund Balance - Budget
and Actual - Special Revenue Funds - Keno Fund
34
Individual Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget
and Actual - Street Fund
35
Individual Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget
and Actual - M.I.R.F Fund
36
Individual Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget
and Actual - Development Fund
37
Individual Statement of Revenues, Expenditures and
Changes in Fund Balance - Budget
and Actual - Revolving Loan Fund
38
ENTERPRISE FUNDS:
Combining Balance Sheet
39-40
Combining Statement of Revenues, Expenses, and
Changes in Retained Earnings
41
Combining Statement of Cash Flow
42-43
Individual Statement of Revenues and Expenses -
Budget and Actual - Water
44-45
Individual Statement of Revenues and Expenses -
Budget and Actual - Sewer
46
SUPPORTING SCHEDULES:
Schedule of General Fund Revenues - Budget
and Actual
47
Schedule of General Fund Expenditures - Budget
and Actual - Administration Department
48
Schedule of General Fund Expenditures - Budget
and Actual - Contingency Allowance
49
Schedule of General Fund Expenditures - Budget
and Actual - Police Department
50
Schedule of General Fund Expenditures - Budget
and Actual - Cemetery
51
Schedule of General Fund Expenditures - Budget
and Actual - Fire Department
52
Schedule of General Fund Expenditures - Budget
and Actual - Park Department
53
Schedule of General Fund Expenditures - Budget
and Actual - Library
54
CITY OF BLAIR, NEBRASKA
TABLE OF CONTENTS
G?
Page
Schedule of
General Fund Expenditures -
Budget
and Actual
- Supervised Recreation
55
Schedule of
General Fund Expenditures -
Budget
and Actual
- Swimming Pool
56
Schedule of
General Fund Expenditures -
Budget
and Actual
- Zoning
57
Schedule of
General Fund Expenditures
- Budget
and Actual
- Landfill
58
Schedule of
General Fund Expenditures
- Budget
r and Actual
- Animal Control
59
Schedule of
General Fund Expenditures
- Budget
and Actual
- Donated Funds
60
Schedule of
Transfers
61
Compliance and Internal Control over
Financial
Reporting
62-63
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CITY OF BLAIR, NEBRASKA
a
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
ALL GOVERNMENT FUND TYPES
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Debt Special
General Service Revenue
Fund Fund Fund
REVENUES:
Taxes
$1,102,865 $1,491,114
$ 18,736
Street revenues
- -
801,433
Keno proceeds
- -
64,935
Licenses and permits
142,993 -
-
Charges for services
94,903 -
-
Interest income
20,654 72,401
59,429
Grants
126,694 -
-
Other revenues
121,101 -
-
Total revenues
1,609,210 1,563,515
944,533
EXPENDITURES:
Administration
349,449
695
Contingency allowance
14,998
-
Police Department
733,712
-
Cemetery
84,307
-
Fire Department
60,623
-
Parks Department
106,057
-
Library
176,847
-
Supervised recreation
32,280
-
Swimming pool
12,114
-
Zoning
84,700
-
Landfill
14,651
-
Animal control
40,594
-
Donated funds
720
-
Keno expense
-
-
M.I.R.F. fund expenses
-
-
Development expense
-
-
Street expense
-
-
Revolving loan
-
-
Debt service:
Bonding costs
-
20,212
Redemption of bonds
-
175,033
Bond interest
-
162,564
Total expenditures
1,711,052
358,504
REVENUES OVER (UNDER)
EXPENDITURES
$ (101,842)
$1,205,011
-continued-
32,866
52,093
873,022
338,520
1,296,501
Capital
Improvement
Fund
367,068
367,068
71,150
71,150
$ (351,968) $ 295,918
See Notes to Financial Statements
(5)
CITY OF BLAIR, NEBRASKA
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
ALL GOVERNMENT FUND TYPES
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
-continued-
Debt Special Capital
General Service Revenue Improvement
Fund Fund Fund Fund
REVENUES OVER (UNDER)
EXPENDITURES
$ (101,842) $1,205,011 $ (351,968) $ 295,918
OTHER FINANCING
SOURCES (USES):
Street district
construction
- - (959,725) -
Bond proceeds
- 1,741,150 - -
Operating
transfers - in
267,950 - 1,336,116 3,500
Operating
transfers - out
(3,500) (1,665,722) (49,627) (439,085)
REVENUES AND OTHER
FINANCING SOURCES
OVER (UNDER)
EXPENDITURES AND
OTHER USES 162,608 1,280,439 (25,204) (139,667)
FUND BALANCE
September 30, 1997 452,762 1,442,664 1,289,169 4,345,232
FUND BALANCE
September 30, 1998 S 615,370 s2,723,lQa 1-,263,965 $4,205.565
See Notes to Financial Statements.
(6)
CITY OF BLAIR, NEBRASKA
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
GENERAL FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
See Notes to Financial Statements.
(7)
Variance
Favorable
Budget
Actual
(Unfavorable)
REVENUES:
Taxes
$1,040,365
$1,102,865
$ 62,500
Licenses and permits
92,100
142,993
50,893
Charges for services
120,690
94,903
(25,787)
Interest income
11,000
20,654
9,654
Other revenues
481,870
247,795
(234,075)
Total revenues
1,746,025
1,609,210
(136,815)
EXPENDITURES:
Administration
348,843
349,449
(606)
Contingency allowance
25,000
14,998
10,002
Police Department
741,545
733,712
7,833
Cemetery
98,364
84,307
14,057
Fire Department
119,970
60,623
59,347
Parks Department
110,626
106,057
4,569
Library
196,126
176,847
19,279
Supervised recreation
157,720
32,280
125,440
Swimming pool
203,860
12,114
191,746
Zoning
99,817
84,700
15,117
Landfill
57,469
14,651
42,818
Animal control
131,946
40,594
91,352
Donated funds
5,467
720
4,747
Total expenditures
2,296,753
1,711,052
585,701
REVENUES OVER (UNDER)
EXPENDITURES
(550,728)
(101,842)
448,886
OTHER FINANCING SOURCES
(USES):
Operating transfers -
in
258,036
267,950
9,914
Operating transfers -
out
(3,500)
(3,500)
-
REVENUES AND OTHER FINANCING
SOURCES OVER (UNDER) EXPENDITURES
AND OTHER USES
(296,192)
162,608
5�458.800�
FUND BALANCE - SEPT 30,
1997
452,762
452,762
FUND BALANCE - SEPT 30,
1998
$ 156.570
S 615,370
See Notes to Financial Statements.
(7)
CITY OF BLAIR, NEBRASKA
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
DEBT SERVICE FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
REVENUES:
Taxes
Special assessments
Special assessment interest
Developers down payments
Interest income
Other revenues
Total revenues
EXPENDITURES:
Administration
Bonding costs
Redemption of bonds
Bond interest
Total expenditures
REVENUES OVER (UNDER)
EXPENDITURES
OTHER FINANCING SOURCES (USES):
Bond proceeds
Operating transfers - in
Operating transfers - out
REVENUES AND OTHER FINANCING
SOURCES OVER (UNDER) EXPENDITURE:
Budget
$ 43,853
136,801
40,500
298,000
15,000
534,154
2,377
130,000
147,283
279,660
254,494
2,691,000
(2,666,200)
AND OTHER USES 279,294
FUND BALANCE - SEPT 30, 1997 1,442,664
FUND BALANCE - SEPT 30, 1998 $ 1_,72.1,958
Actual
$ 46,586
1,204,256
50,514
189,758
72,401
1,563,515
695
20,212
175,033
162,564
358,504
1,205,011
1,741,150
(1,665,722)
1,280,439
1,442,664
$2,723,103
See Notes to Financial Statements.
(8)
Variance
Favorable
$ 2,733
1,067,455
10,014
(108,242)
57,401
1,682
(20,212)
(45, 033)
(15,281)
(78, 844)
950,517
(949,850)
1,000,478
CITY OF BLAIR, NEBRASKA
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
SPECIAL REVENUE FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
See Notes to Financial Statements.
(9)
Variance
Favorable
Budget
Actual
(Unfavorable)
REVENUES:
Sales Tax and M.I.R.F.
$ 18,300
$ 18,736
$ 436
Keno net proceeds
60,000
64,935
4,935
Street revenues
683,669
801,433
117,764
Grants
585,000
-
(585,000)
Interest income
16,200
59,429
43,229
Total revenues
1,363,169
944,533
(418,636)
EXPENDITURES:
Keno expense
184,729
32,866
151,863
Development expenses
52,041
52,093
(52)
Street expenses
1,270,678
873,022
397,656
MIRF expense
9,465
-
9,465
Revolving expenses
533,085
338,520
194,565
Total expenditures
2,049,998
1,296,501
753,497
REVENUES OVER (UNDER)
EXPENDITURES
(686,829)
(351,968)
334,861
OTHER FINANCING SOURCES (USES):
Street district construction
(2,072,800)
(959,725)
1,113,075
Operating transfers - in
2,292,800
1,336,116
(956,684)
Operating transfers - out
(17,000)
(49,627)
(32,627)
REVENUES AND OTHER FINANCING
SOURCES OVER (UNDER) EXPENDITURES
AND OTHER USES
(483,829)
(25,204)
S 458,625
FUND BALANCE - SEPT 30, 1997
1,289,169
1,289,169
FUND BALANCE - SEPT 30, 1998
805,340
1,243.965
See Notes to Financial Statements.
(9)
CITY OF BLAIR, NEBRASKA
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
CAPITAL IMPROVEMENT FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
FUND BALANCE - SEPT 30, 1998
See Notes to Financial Statements.
(10)
Variance
Favorable
Budget
Actual
(Unfavorable)
REVENUES:
Interest income
$ 482,114
$ 367,068
$(115,046)
EXPENDITURES:
Cemetery mower
2,700
-
2,700
Cemetery paving
4,000
-
4,000
Park equipment
3,500
-
3,500
Heavy equipment
30,000
71,150
(41,150)
Pool painting
7,000
-
7,000
Total expenditures
47,200
71,150
(23,950)
REVENUES OVER (UNDER)
EXPENDITURES
434,914
295,918
(138,996)
OTHER FINANCING SOURCES (USES):
Operating transfers - in
3,500
3,500
-
Operating transfers - out
(481,814)
(439,085)
42,729
REVENUES AND OTHER FINANCING
SOURCES OVER (UNDER)
EXPENDITURES AND OTHER USES
(43,400)
(139,667)
$ 196,267)
FUND BALANCE - SEPT 30, 1997
4,345,232
4,345,232
FUND BALANCE - SEPT 30, 1998
See Notes to Financial Statements.
(10)
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Administration
Police
Cemetery
Fire
Park
Library
Supervised
recreation
Swimming pool
Landfill
Animal control
SPECIAL REVENUE
FUNDS - Street
CAPITALIZED LEASE -
Library
TOTALS
CITY OF BLAIR, NEBRASKA
STATEMENT OF GENERAL FIXED ASSETS
SEPTEMBER 30, 1998
Land Buildings Vehicles Equipment
$ 50,000 $
936,683
$ 10,450
-
-
97,909
115,000
30,378
14,553
-
-
557,012
97,952
428,775
27,951
22,500
116,600
-
-
11,343
-
100,000
237,581
-
15,000
-
-
9,936
13,450
10,000
213,878
285,752
203,404
1 :: 11 077
$ 138,839
69,930
24,866
67,127
286,227
58,075
14,680
164,538
See Notes to Financial Statements.
(12)
2,566
361,985
Total
$1,135,972
167,839
184,797
624,139
840,905
197,175
26,023
502,119
15,000
25,952
871,615
203,404
54.794,940
CITY OF BLAIR, NEBRASKA
STATEMENT OF CHANGES IN GENERAL FIXED ASSETS
FOR THE YEAR ENDED SEPTEMBER 30, 1998
GENERAL FUND:
Administration
Police
Cemetery
Fire
Park
Library
Supervised recreation
Swimming pool
Landfill
Animal control
SPECIAL REVENUE FUNDS -
Street
CAPITALIZED LEASE -
Library
TOTALS
Balance
Balance
September 30
September 30
1997
Additions
Dispositions
1998
$1,127,747
$ 11,871
$ (3,646)
$1,135,972
163,535
19,180
(14,876)
167,839
184,797
-
-
184,797
613,380
101759
-
624,139
828,139
12,766
-
840,905
173,786
23,389
-
197,175
26,023
-
-
26,023
502,119
-
-
502,119
15,000
-
-
15,000
21,702
4,250
-
25,952
818,641
106,443
(53,469)
871,615
203,404 - - 203,404
4.678.273 188,658 (71,991} 4,794,940
See Notes to Financial Statements.
(13)
CITY OF BLAIR, NEBRASKA
STATEMENT OF GENERAL OBLIGATION BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
BY YEAR OF MATURITY
SEPTEMBER 30, 1998
Year Ending
Principal
Interest
September 30,
Requirements
Requirements
Total
1999
$1,551,068
$126,617
$1,677,685
2000
229,340
89,320
318,660
2001
210,000
79,509
289,509
2002
220,000
69,728
289,728
2003
230,000
59,210
289,210
2004
240,000
48,115
288,115
2005
230,000
36,250
266,250
2006
200,000
24,620
224,620
2007
115,000
17,125
132,125
2008
75,000
11,361
86,361
2009
30,000
7,602
37,602
2010
35,000
5,997
40,997
2011
35,000
4,107
39,107
2012
40,000
$3,440.408
2,200
5581,761
42,200
4.022.169
See Notes to Financial Statements.
(14)
CITY OF BLAIR, NEBRASKA
STATEMENT OF CHANGES IN GENERAL LONG-TERM DEBT
FOR THE YEAR ENDED SEPTEMBER 30, 1998
Balance Balance
Interest Sept 30 Sept 30
Dated Description Rate 1997 Additions Deductions 1998
10/15/91 Fire Department
See Notes to Financial Statements.
(15)
bonds
5.00-6.20% $
75,000 $ -
$ 25,000
$ 50,000
2/15/94
Various
purpose
3.00-4.70%
145,000 -
20,000
125,000
11/15/94
Street
sweeper
Loan
5.00%
19,291 -
19,291
-
3/01/95
Various
purpose
5.10-5.95%
220,000 -
20,000
200,000
1/15/96
Various
purpose
5,90-4.8%
715,000 -
65,000
650,000
6/15/97
Various
purpose
4.45-5.50%
700,000 -
-
700,000
10/15/97
BANS
4.3%
- 1,295,000
-
1,295,000
10/24/97
Case Credit
5.7%
- 71,150
25,742
45,408
6/1/98
Various
purpose
4.10-4.85%
- 375,000
-
375,000
TOTAL
1,874,291
$1,741,150
$175,033
$3,440,408
See Notes to Financial Statements.
(15)
CITY OF BLAIR, NEBRASKA
COMBINED STATEMENT OF CASH FLOW
ALL PROPRIETARY FUND TYPES AND SIMILAR TRUST FUNDS
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
General
Enterprise Insurance
Funds Funds
CASH FLOW FROM OPERATIONS:
Net operating income (loss)
$ 726,871
$ (2,253)
Adjustment to reconcile net
income to net cash from operations:
Depreciation
414,511
-
Decrease (increase) in accounts
receivable -user fees
(28,070)
-
Decrease (increase) in accounts
receivable -other
344
-
Decrease (increase) in inventory
1,846
-
Decrease (increase) in prepaid expenses
21
-
Increase (decrease) in accounts payable
97,817
3,010
Decrease in accrued expenses
7,491
-
Increase (decrease) in deposits payable
(350)
Net cash provided (used) by
operations
1,220,481
757
CASH-FLOW FROM NON -CAPITAL FINANCING:
Transfers - in
740,281
-
Transfers - out
(189,913)
-
Cash flow used by non -capital financing
550,368
-
CASH FLOW FROM CAPITAL AND RELATED FINANCING:
Payment of long-term debt
(350,000)
-
Decrease (increase) in restricted assets
4,988
-
Interest expense
(289,691)
-
Bonding costs & grant fees
-
-
Increase (decrease) in accrued
interest payable
(1,189)
-
Cash from (used in) financing
(635,892)
-
CASH FLOW FROM INVESTING:
Purchase of property
(269,364)
-
Utility district construction
(436,437)
-
Interest income
132,459
1,309
Decrease (increase) in accrued interest
receivable
(9,329)
-
Cash from (used by) investing
(582,671)
1,309
NET INCREASE (DECREASE) IN CASH
552,286
2,066
CASH AND CASH EQUIVALENTS - Beginning of
the period
1,044,371
24,795
CASH AND CASH EQUIVALENTS - End of the period
$1,596,652
26,861
INTEREST PAID
$ 290,880
See Notes to Financial Statements.
(16)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED BALANCE SHEETS
GENERAL AND SPECIAL REVENUE FUNDS
AS OF SEPTEMBER 30, 1997 AND SEPTEMBER 30, 1998
See Notes to Financial Statements.
(17)
SPECIAL
GENERAL
REVENUE
FUNDS
FUNDS
1997
1998
1997
1998
ASSETS
Cash and equivalents
$468,065
$655,444
$ -
$
Receivables:
Billed user fees
-
-
-
Accrued interest
1,639
843
2,330
-
Other
18,401
-
673,579
595,407
Due from County Treasurer
49,450
53,063
18,762
19,393
Restricted assets - cash and
investments - at cost
-
-
836,121
1,214,144
TOTAL ASSETS
$537.555
5709.350
$1_530_,792
1,828,944
LIABILITIES
Accounts payable
$ 52,197
$ 50,722
$ 238,044
$ 561,649
Accrued expenses
19,496
32,058
3,579
3,330
Deposits payable
13,100
11,200
-
-
Revenue bonds payable
-
-
-
-
Total Liabilities
84,793
93,980
241,623
564,979
FUND BALANCES
Fund balance - reserved
-
-
1,289,169
1,263,965
Fund balance - unreserved
452,762
615,370
-
-
Total Fund Balances
452,762
615,370
1,289,169
1,263,965
TOTAL LIABILITIES
AND FUND BALANCES
$537,555
$709.350
1,530,792
1,828,944
See Notes to Financial Statements.
(17)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED BALANCE SHEETS
DEBT SERVICE AND CAPITAL IMPROVEMENT FUNDS
AS OF SEPTEMBER 30, 1997 AND SEPTEMBER 30, 1998
DEBT
SERVICE
FUNDS
1997 1998
ASSETS
Cash and equivalents $ 613,115 $ 922,354
Receivables:
Special assessments 1,073,554 2,012,854
Accrued interest - -
Due from County Treasurer - 2,872
Contract receivable - OPPD 2,859 -
TOTAL ASSETS 51,689,528 $2.938,080
LIABILITIES
Accounts payable
Accrued interest
Registered warrants
Total Liabilities
FUND BALANCES
CAPITAL
IMPROVEMENT
FUNDS
1997 1998
$ 43,337 $ 20,220
185,445 180,230
4,116,450 4,005,115
4,345,232 $4,205,565_
$ - $ 10,481-
3,169 57,947 - -
243,695 146,549 - -
246,864 214,977 - -
Fund balance - reserved 1,442,664 2,723,103
Fund balance - unreserved - -
TOTAL LIABILITIES
AND FUND BALANCES $1,689,528 $2,938,080
4,345,232 4,205,565
4,345.232 $4,205,565
See Notes to Financial Statements.
(18)
See Notes to Financial Statements.
(19)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED BALANCE SHEETS
ENTERPRISE AND GENERAL INSURANCE FUNDS
AS OF SEPTEMBER 30, 1997 AND SEPTEMBER 30,
1998
GENERAL
ENTERPRISE
INSURANCE
FUNDS
FUNDS
1997
1998
1997 1998
ASSETS
Cash and equivalents
$ 1,044,371
$1,596,657 $
- $ -
Receivables:
Billed user fees
440,869
468,939
- -
Accrued interest
25,221
34,550
- -
Other
616
272
- -
Inventory
23,000
21,154
- -
Prepaid expenses
1,696
1,675
- -
Restricted assets - cash and
investments - at cost
819,338
814,350
24,795 26,861
Property - net of accumulated
depreciation, where
applicable
10,161,295
10,016,148
- -
TOTAL ASSETS
$12,516,406,
$12,953,745 S
24,795 $ 26,861
LIABILITIES
Accounts payable
$ 86,457
$ 184,274 $
- $ 3,010
Accrued interest
99,090
97,901
- -
Accrued expenses
16,463
23,954
- -
Deposits payable
2,050
1,700
- -
Revenue bonds payable
5,660',000
5,310,000
- -
Total Liabilities
5,864,060
5,617,829
- 3,010
FUND BALANCES
Contributed capital
4,825,934
4,825,934
- -
Retained earnings -
appropriated
819,338
814,350
- -
Retained earnings -
unappropriated
1,007,074
1,695,632
- -
Fund balance - reserved
-
-
24,795 23,851
Total Fund Balances
6,652,346
7,335,916
24,795 23,851
TOTAL LIABILITIES
AND FUND BALANCES
$12,516,406
$12,953,745 S
24,795 S 26,861
See Notes to Financial Statements.
(19)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED BALANCE SHEETS
GENERAL FIXED.ASSETS AND GENERAL LONG-TERM DEBT
AS OF SEPTEMBER 30, 1997 AND SEPTEMBER 30, 1998
GENERAL GENERAL
FIXED LONG-TERM
ASSETS DEBT
1997 1998 1997 1998
ASSETS
Property - net of accumulated
depreciation, where
applicable
Amount available in Debt
Service for general
long-term debt retirement
Amount to be provided for
retirement of general
long-term debt
TOTAL ASSETS
Bonds payable
Total Liabilities
FUND BALANCES
Investment in general fixed
assets
TOTAL LIABILITIES
AND FUND BALANCES
$4,678,273 $4,794,940 $ - $ -
- - 1,442,664 2,723,103
- 431,627 717,305
$4,678,2734,794.940 1,874,291 $3,440.408
$1,874,291 $3,440,408
- - 1,874,291 3,440,408
4,678,273 4,794,940 - -
$4,678,273 $1,874,231 3,440.408
See Notes to Financial Statements.
(20)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED
STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
GENERAL AND SPECIAL REVENUE FUNDS
FOR THE YEARS ENDED SEPTEMBER 30, 1997 AND 1998
See Notes to Financial Statements
(21)
SPECIAL
GENERAL
REVENUE
FUNDS
FUNDS
1997
1998
1997
1998
REVENUES
Taxes
$1,062,798
$1,102,865 $
18,542 $
18,736
Keno net proceeds
-
-
743,482
64,935
Street revenues
-
-
70,308
801,433
Licenses and permits
119,994
142,993
-
-
Charges for services
139,000
94,903
-
-
Interest income
17,865
20,654
28,134
59,429
Grant
24,610,
126,694
1,005,903
-
Other revenues
72,133
121,101
-
-
Total revenues
1,436,400
1,609,210
1,866,369
944,533
EXPENDITURES
Administration
319,118
349,449
-
-
Contingency allowance
-
14,998
-
-
Police Department
663,936
733,712
-
-
Cemetery
86,336
84,307
-
-
Fire Department
49,436
60,623
-
-
Parks Department
132,813
106,057
-
-
Library
185,470
176,847
-
-
Supervised recreation
26,928
32,280
-
-
Swimming pool
17,032
12,114
-
-
Zoning
73,087
84,700
-
-
Landfill
87,016
14,651
-
-
Animal control
42,932
40,594
-
-
Donated funds
4,576
720
-
-
Keno expenses
-
30,767
32,866
M.I.R.F. fund
-
-
-
-
Development
-
-
34,719
52,093
Street
-
-
1,034,884
873,022
Revolving loan
-
-
506,344
338,520
Total expenditures
1,688,680
1,711,052
1,606,714
1,296,501
REVENUES OVER (UNDER)
EXPENDITURES
(252,280)
(101,842)
259,655
(351,968)
OTHER FINANCING SOURCES (USES):
Street District Construction
-
-
-
(959,725)
Operating transfers - in
268,874
267,950
584,186
1,336,116
Operating transfers - out
(12,902)
(3,500)
(17,000)
(49,627)
REVENUES AND OTHER FINANCIAL
SOURCES OVER (UNDER)
EXPENDITURES AND OTHER USES
3,692
162,608
826,841
(25,204)
FUND BALANCE - BEGINNING
449,070
452,762
462,328
1,289,169
FUND BALANCE - ENDING
S 452,762
S 615,370$1.28
769 $1,263,965
See Notes to Financial Statements
(21)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED
STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES
DEBT SERVICES AND CAPITAL IMPROVEMENTS FUNDS
FOR THE YEARS ENDED SEPTEMBER 30, 1997 AND 1998
REVENUES
Taxes and special assessments
Interest income
Other revenues
Total revenues
EXPENDITURES
Administration
Heavy equipment
Debt service:
Bonding costs
Redemption of bonds
Bond interest
Total expenditures
REVENUES OVER (UNDER)
EXPENDITURES
OTHER FINANCING
SOURCES (USES):
Bond proceeds
Operating transfers - in
Operating transfers - out
REVENUES AND OTHER FINANCIAL
SOURCES OVER (UNDER)
EXPENDITURES AND OTHER USES
FUND BALANCE - BEGINNING
FUND BALANCE - ENDING
DEBT
SERVICE
FUNDS
1997 1998
$ 48,311
$1,301,356
24,506
72,401
240,446
189,758
313,263
1,563,515
459 695
12,600
20,212
138,380
175,033
117,878
162,564
269,317
358,504
43,946 1,205,011
700,000 1,741,150
(265,113)(1,665,722)
478,833 1,280,439
963,831 1,442,664
$1.442,664 52.723.103
CAPITAL
IMPROVEMENT
FUNDS
1997 1998
376,947 367,068
376,947 367,068
71,150
71,150
376,947 295,918
3,500 3,500
(484,515) (439,085)
(104,068) (139,667)
4,449,300 4,345,232
$4,345,232 54,205,565
See Notes to Financial Statements
(22)
CITY OF BLAIR, NEBRASKA
COMPARATIVE COMBINED
STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN RETAINED EARNINGS/FUND BALANCES
ENTERPRISE AND INSURANCE FUNDS
FOR THE YEARS ENDED SEPTEMBER 30, 1997 AND 1998
OPERATING REVENUES:
User fees
Sale of merchandise
Insurance contributions
Other
Total
EXPENSES:
Personal services
Operating expenses
Materials and supplies
Rental expense
Depreciation
Payments of insurance
benefits
Total
OPERATING INCOME (LOSS)
OTHER REVENUE (EXPENSE):
Utility district construction
Interest income
Interest expense
Bonding costs
Operating transfers - in
Operating transfers - out
NET INCOME (LOSS)
RETAINED EARNINGS/FUND BALANCE
Beginning
RETAINED EARNINGS/FUND BALANCE
Ending
ENTERPRISE
INSURANCE
FUNDS
FUNDS
1997
1998
1997
1998
$2,317,429
$2,525,111
$ -
$ -
17,680
12,669
-
-
-
-
70,802
79,117
13,921
13,059
-
-
2,349,030
2,550,839
70,802
79,117
557,285
600,438
-
-
472,144
482,911
-
-
351,570
324,567
-
-
1,439
1,541
-
-
408,909
414,511
-
-
-
-
70,584
81,370
1,791,347
1,823,968
70,584
81,370
557,683
726,871
218
(2,253)
(74,101)
(436,437)
922
-
113,419
132,459
-
1,309
(293,485)
(289,691)
-
-
(350)
-
-
-
260,971
740,281
-
-
(338,000)
(189,913)
-
-
226,137
683,570
1,140
(944)
1,600,275
1,826,412
23,655
24,795
See Notes to Financial Statements
(23)
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Introduction:
The City of Blair (City) complies with Generally Accepted Accounting Prin-
ciples, (GAAP). The City's reporting entity applies relevant Governmental
Accounting Standards Board (GASB) pronouncements. Proprietary funds and simi-
lar component units apply FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) pro-
nouncements and ACCOUNTING PRINCIPLES BOARD (APB) opinions issued on or before
November 30, 1989 unless those pronouncements conflict with or contradict GASB
pronouncements, in which case, GASB prevails.
Implementation of a new accounting and reporting standard for risk financ-
ing and related insurance issues is included in this report where applicable.
Comparability with previous years financial reports is not affected. The
accounting and reporting framework and the more significant accounting princi-
ples and practices are discussed in subsequent sections of this note. The
remainder of the notes are organized to provide explanations including required
disclosures of the City's financial activities for the fiscal year ended Sep-
tember 30, 1998.
B. Reporting Entity:
All significant activities and organizations in which the City exercises
oversight responsibility have been included in the City's general purpose
financial statements for the year ended September 30, 1998. The following
criteria regarding manifestation of oversight were considered by the City in
its evaluation of City organizations and activities:
Financial interdependency: The City is responsible for its debts and is
entitled to surpluses. No separate agency receives a financial benefit nor
imposes a financial burden on the City.
Election of the government authority: The locally elected City Council is
exclusively responsible for all public decisions and accountable for the deci-
sions it makes.
N' C. Fund Types and Account Groups:
Governmental fund types: Governmental funds use the current financial
resources measurement focus. Only current assets and current liabilities are
generally included on their balance sheets. Their operating statements present
sources and uses of available resources during a given period.
(24)
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
C. Fund Types and Account Groups: (continued)
Proprietary fund types: Proprietary funds use the economic resources
measurement focus. The accounting objectives are determinations of net income,
financial position and cash flows. All assets and liabilities associated with
a proprietary funds activities are included on its balance sheet. Proprietary
fund equity is segregated into contributed capital and retained earnings.
Fiduciary fund types: (trust and insurance funds), that are used to ac-
count for assets held by the City as an agent for private individuals or organ-
izations or in trust;
Account groups: The account groups are used to account for fixed assets
and long-term liabilities which are not reported in the respective governmental
funds.
D. Basis of Accounting:
All Governmental Funds are accounted for using the modified accrual basis
of accounting. Their revenues are recognized when earned and expenditures are
recognized when incurred except that property taxes are not recorded until
collected as they are not practicably measurable and interest on general obli-
gation bonds is not recorded until coupons mature.
The Proprietary and Fiduciary Funds accounted for using the accrual basis
where revenues are recognized when earned and expenses are recognized when
incurred.
The City does not apply encumbrance accounting in any of its funds.
E. Debt Service Fund:
The Debt Service Fund is used to account for the payment of principal and
interest on general long-term debt. The primary sources of revenue are proper-
ty taxes and special assessments.
F. Inventory:
Inventory is stated at the lower of cost (first -in, first -out) or market
value. The consumption method is used in regard to inventory expenditure
recognition.
-continued-
(25)
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
G. Budgetary Basis:
The City's legally adopted budget is not in conformity with generally
accepted accounting principles. The budget is prepared and adopted using the
cash basis of accounting whereby revenues budgeted are expected to be received
rather than earned and expenditures budgeted are expected to be disbursed
rather than incurred. There are no significant differences between the budget-
ed basis of accounting and the generally accepted basis. The City Council sets
the property tax levy needed to support the coming years budget in August of
each year and submits its budget as required by State Statute.
H. Budgetary Control:
r Each funds appropriated budget is prepared on a detailed line item basis.
Revenues are budgeted by source. Expenditures are budgeted by department.
This constitutes the legal level of control. Expenditures may not exceed
appropriations at this level. All budget revisions at this level are subject
to final review by the City Council. No revisions to the budget were made for
the year ended September 30, 1998.
I. Investments:
For the purposes of the Statement of Cash Flows the City considers all
short-term debt instruments purchases with a maturity of three months or less
to be cash equivalents. Short-term investments are recorded at cost.
J. Fixed Assets:
All fixed assets are recorded at cost or estimated cost if actual cost not
available.
The Proprietary and Fiduciary Fund assets are presently on the respective
balance sheets except for the cost of any underground water and sewer lines
which are not included in the assets. Depreciation of the assets is computed
on the straight-line method over the estimated useful lives of the assets as
follows:
Plant and buildings 25-40 years
Equipment 5-10 years
Assets in all other funds are recorded as expenditures at the time of
purchase with the accumulated cost being presented in the general fixed asset
group of accounts for measurement purposes only. Certain improvements such as
roads, bridges, curbs and gutters, streets and sidewalks, drainage systems, and
lighting systems are not capitalized. No depreciation is provided for assets
in the general fixed asset group of accounts.
(26)
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
K. Compensated Absences:
The City of Blair does not accrue compensated absences because the amount
cannot be reasonably estimated.
L. Deposits and Investments:
Investments consist of Certificates of Deposit or U.S. Government Securi-
ties with current maturities. These investments have no restrictions. The
deposits are entirely Category 1 which means that the investments are insured
or collateralized with securities held by the entity's agent. Investments are
stated at cost which approximates market value. Investments allowed are gener-
ally U.S. Government Securities, FDIC insured deposits and others provided by
State Statute. The City was short in its required pledged collateral at Sep-
tember 30, 1998 in the amount of $279,238.
2. PROPERTY TAX CALENDAR
The City's December 31, 1997 valuation was $228,226,461. The levy for the
City for the year ending September 30, 1998 was .435857 per $100 of value. The
total tax levy was $994,745. Property taxes are due December 31 of each year
and delinquent in halves at May 1 and September 1 of the following year. The
property taxes are collected and remitted to the City by the County.
3. RESTRICTED ASSETS
Restricted assets consist of cash, certificates of deposit, and government
securities. The total Debt Service fund balance is reserved for debt service.
The other assets are restricted as follows:
1998
Special Enterprise Insurance
Revenue Fund Funds Funds
Keno funds $ 158,317 $ - $ -
Street funds 928,348 - -
M.I.R.F. funds 10,613 - -
Development funds 36,831 - -
Revolving loan fund 80,035 - -
Bond and Interest
sinking fund - 814,350 -
Reserve for insurance
claims - - 26,861
Total restricted assets 1.214.144 $ 814.350 26.861
-continued-
(27)
Date Rate
Refunding Bonds 11-1-92 3.2 - 6.3%
Water Revenue Bonds 6-15-96 4.05- 5.4%
Annual Principal Requirements
For Water Bonds
Year Ending September 30,
1999 $ 350,000
2000 360,000
2001 380,000
2002 360,000
2003 410,000
2004-2014 2,470,000
TOTAL IA,33D,000
-continued-
(28)
Insurance
Funds
24,795
S 24.795
Total
$1,790,000
$2,540,000
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL
STATEMENTS
3. RESTRICTED ASSETS (continued)
1997
Special
Enterprise
Revenue Fund
Funds
Keno funds
$121,207
$ -
Street funds
630,945
-
M.I.R.F. funds
9,147
-
Development funds
48,011
-
Revolving loan fund
26,811
-
Bond and Interest
sinking fund
-
819,338
Reserve for insurance
claims
-
-
Total restricted
assets $836,121
819,338
4. LONG-TERM DEBT
Water debt:
Date Rate
Refunding Bonds 11-1-92 3.2 - 6.3%
Water Revenue Bonds 6-15-96 4.05- 5.4%
Annual Principal Requirements
For Water Bonds
Year Ending September 30,
1999 $ 350,000
2000 360,000
2001 380,000
2002 360,000
2003 410,000
2004-2014 2,470,000
TOTAL IA,33D,000
-continued-
(28)
Insurance
Funds
24,795
S 24.795
Total
$1,790,000
$2,540,000
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
4. LONG-TERM DEBT (continued)
The City of Blair secured
ing $20,000 of annual M.I.R.F.
September 30, 1999. There was
Sewer Bond Anticipation Notes:
Rate
October 15, 1995 4.25%
5. PENSION PLANS
the November 1, 1992 refunding bonds by pledg-
receipts to the payment of the bonds through
no interest capitalized during 1997 or 1998.
DUE AMOUNT
October 15, 1998 133aluM
The city has two pension plans covering substantially all of its em-
ployees. Employees other than policemen are covered by a defined contri-
bution plan. All contributions up to 5% of gross wage in employee contri-
butions and 5% of gross wage in contributions from the City are invested
with an investment manager. The employees must have accumulated six
4
months of service, be at least age 21, and work 40 hours per week to
participate in the plan. Employees are 100% vested in employer contribu-
tions after seven years of service. The plan is a single employer plan
with the City maintaining fiduciary responsibility for it. Contributions
for the periods ended September 31, 1997 and September 30, 1998, were
$80,576 and $77,870 respectively. Contributions are expected to remain
relatively level from year to year. The 1998 covered payroll and total
v payroll were $778,700 and $976,068 respectfully.
The policemen are covered under a defined benefit plan established by
the statutes of the State of Nebraska. Policemen terminating before
retirement age receive payment for their contributions to date of termina-
tion plus interest accrued and the vested portion of the City's contribu-
tions based on the statutes of the State of Nebraska. The City has fi-
duciary responsibility for the plan and it is a single employer plan only.
Contributions of $48,612 for 1997 and $53,438 for 1998, were 12% of gross
wages which compiles with statutory requirements. The City contributed 6
percent of gross wages and the policemen contributed 6 percent. The City
has no material pension benefit obligations as of September 30, 1998. The
City does expect contributions to remain relatively level from year to
year. The contributions are not actuarially determined. All qualifying
police payroll was covered in 1997 and 1998.
During the year ended September 31, 1984, the City transferred police pension
funds to an independent trustee for investment. The trustee will maintain the
fund according to state law. Contributions to the trustee were reported as an
expenditure.
(29)
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
-continued-
6. OTHER ASSET - ELECTRIC PLANT CONTRACT
In April 1984, the City of Blair contracted to sell its electrical
j transmission and distribution generating facilities to the Omaha Public
Power District. The terms of the agreement were as follows:
Omaha Public Power District agreed to buy the City of Blair facilities for
the sum of $5,950,000. The terms of payment shall be $1,000,000 payable at the
date of the contract and the balance of $4,950,000 amortized over thirty years at
nine percent interest per annum, with annual payments of $481,815 commencing in
April 1985. This contract is unsecured.
This contract also provided for the Omaha Public Power District to supply
electrical service directly to the City and its residents. The transfer of elec-
trical services was completed on September 30, 1984.
7. LANDFILL CLOSURE
The City of Blair has closed its landfill operations. All material closing
and monitoring costs were accrued over the remaining life of the landfill. The
Landfill closed October 31, 1993 and any remaining monitoring costs will be paid
from City funds but are not anticipated to be material to the financial statements
8. ACCOUNTS RECEIVABLE - SPECIAL ASSESSMENTS
The City of Blair's special assessments outstanding as of September 30, 1997
and September 30, 1998, are composed of the following:
1997 1998
Special assessment principle $ 963,536 $ 996,575
Special assessments available not levied 110,018 1,016,279
Total Special Assessments Receivable $2,012,851
The delinquent special assessments at September 30, 1998 are 10% of those
outstanding.
9. INSURANCE FUND
The City of Blair self -insures certain dental and eye benefits for its em-
ployees. Funds were contributed from various funds into the insurance fund for
proper allocation. The contributions into the fund for September 31, 1997 and
September 30, 1998, were $ 70,802 and $79,117 respectively. Dental and vision
benefits are limited and do not create significant risk for the City.
10, CONCENTRATION OF CREDIT RISK
All of the receivables of the City of Blair proprietary funds are from the
local Blair area therefore creating a concentration of credit risk. If the Blair
area economy was depressed this could have an adverse effect on the collection of
the outstanding accounts receivable.
(30)
CITY OF BLAIR, NEBRASKA
NOTES TO FINANCIAL STATEMENTS
-continued-
11. DEFICIT FUND BALANCE
The City of Blair sewer fund had a deficit fund balance of $1,049,610 as of
September 30, 1998. The deficit is the result of depreciation in excess of reve-
nues.
12. SUBSEQUENT EVENTS
The City of Blair approved $1,095,000 of Sewer System Revenue Bonds for use
in retirement of $980,000 of Sewer BANS. The bonds were issued October 1, 1998
with principal due through 2018 and interest rates of 4.1 through 5.3%.
The City voters approved a 1% City Sales Tax for street construction and a
fire building effective October 1, 1998 and expiring September 30, 2005.
13. REGISTERED WARRANTS
The City of Blair has $146,549 of outstanding registered warrants at Septem-
ber 30, 1998. The warrants are due currently and bear an average interest rate of
6.25%. The accrued interest at September 30, 1998 was $2,262.
14. YEAR 2000 STATUS
Due to computer programs written with two digit fields for the year the
functions they perform may be inhibited. The City of Blair projects no material
use of resources to manage this contingency. The City is in the validation and
testing stage of the conversion process at September 30, 1998.
(31)
CITY OF BLAIR, NEBRASKA
COMBINING BALANCE SHEET - SPECIAL REVENUE FUNDS
SEPTEMBER 30, 1998
ASSETS
Keno Street M.I.R.F. Development Revolving
Fund Fund Fund Fund Loan Fund Total
CASH AND
EQUIVALENTS $158,317 $928,348 $ 10,613 $ 36,831 $ 8 0, 035 $1,214,144
DUE FROM COUNTY - 19,393 - - - 19,393
REVOLVING LOAN\
KENO RECEIVABLE 5,463 - - - 589,944 ,595,407
ACCRUED INTEREST
RECEIVABLE - - - -
TOTAL $163.780 $947.741 $ 10.613 $ 36.831
LIABILITIES AND FUND BALANCES
STATE TAX PAYABLE $ 3,330 $ - $ - $ -
ACCOUNTS PAYABLE - 234,658 - 36,831
FUND BALANCE 160,450 713,083 10,613 -
TOTAL 5163.780 5947,741 $ 10.613 $ 36,831
(32)
$ - $ -3,330
290,160 561,649
379,819 1,263,965
56691979 1.828.944
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CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF GROSS PROCEEDS DISTRIBUTION
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL,
SPECIAL REVENUE FUNDS - KENO FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Budget Actual
GROSS PROCEEDS - $752,874
PRIZES:
Declared Prizes
Unclaimed Wins
Net Prizes Paid
NET HOLD
ALLOWABLE EXPENSES PAID:
Lottery Operator's Commission
NET KENO PROCEEDS
EXPENSES PAID BY CITY:
State Taxes
Other Expenses
TOTAL EXPENSES PAID
PROCEEDS AVAILABLE FOR
DISTRIBUTION
TRANSFER FROM PRIZE RESERVES
COMMUNITY BETTERMENT
NET AFTER TRANSFERS
Beginning Keno Account
Fund Balance
Interest
KENO ACCOUNT FUND BALANCE
$ 60,000
16,666
2,700
19,366
40,634
(165,363)
(124,729)
122,229
2,500
583,604
(1,068)
582,536
170,338
(105,403)
64,935
15,057
2,500
17,557
47,378
3,891
(19,200)
32,069
122,229
6,152
$160,450
PRIZE RESERVE FUND RECONCILIATION
FOR THE REPORTING PERIOD
e
Beginning fund Balance $26,164
Increase to Fund -
Withdrawals from Fund (3,891)
Ending Fund Balance 122,21a
(34)
Variance
$ 4,935
1,609
200
1,809
6,744
3,891
146,163
156,798
3,652
$160,450
CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL SPECIAL REVENUE FUNDS - STREET FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Var. Favorable
Budget Actual (Unfavorable)
REVENUES:
Highway allocation
$ 365,000
$ 443,028
$ 78,028
Taxes
300,219
308,724
8,505
Incentive payment
3,000
3,000
-
State maintenance agreement
14,550
13,633
(917)
In -Lieu of tax
-
11,861
11,861
Homestead exemption
-
11,544
11,544
State grant
100,000
-
(100,000)
Interest on investments
5,000
28,260
23,260
Other income
900
9,643
8,743
Total revenues
788,669
829,693
41,024
EXPENDITURES:
Salaries
191,562
175,028
16,534
FICA
14,650
13,151
1,499
Retirement
9,140
8,544
596
Employee insurance
37,982
33,370
4,612
Legal
200
-
200
Engineering
3,000
140
2,860
Auditing
1,900
1,895
5
Office expense
540
400
140
Dues
300
90
210
Utilities
5,500
4,097
1,403
Telephone
1,100
983
117
Travel
100
-
100
Training
150
292
(142)
Insurance
12,200
11,887
313
Maintenance
26,100
11,597
14,503
Street lighting
110,000
105,351
4,649
County fees
2,554
4,678
(2,124)
Car expense
1,200
1,147
53
Sand, gravel, and rock
11,500
7,321
4,179
Gas, diesel, and oil
11,000
8,449
2,551
Materials and supplies
4,500
11,247
(6,747)
Rental
5,000
4,595
405
Capital outlay:
Equipment
40,000
35,293
4,707
Street improvements
780,500
433,467
347,033
Total expenditures
1,270,678
873,022
397,656
REVENUES OVER (UNDER)
EXPENDITURES
(482,009)
(43,329)
438,680
OTHER FINANCING SOURCES (USES):
Street district construction
(2,072,800)
(959,725)
1,113,075
Operating transfers -in
2,292,800
1,336,116
(956,684)
Operating transfers -out
-
(33,627)
(33,627)
REVENUES OVER (UNDER)
EXPENDITURES
(262,009)
299,435
S 561.444
FUND BALANCE - Sept 30, 1997
413,648
413,648
FUND BALANCE - Sept 30, 1998
S 151.639
S 713.083
(35)
CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
SPECIAL REVENUE FUNDS - M.I.R.F. FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
Budget Actual (Unfavorable)
REVENUES:
M.I.R.F. revenues
Interest income
Total revenue
EXPENDITURES:
Waterlines
REVENUES OVER (UNDER)
EXPENDITURES BEFORE TRANSFERS
TRANSFER OUT
REVENUES OVER (UNDER)
EXPENDITURES
FUND BALANCE - Sept 30, 1997
FUND BALANCE - Sept 30, 1998
$ 17,200
200
17,400
9,465
7,935
17,000
(9, 065)
9,147
S 82
(36)
$ 17,185
281
17,466
17,466
16,000
1,466
9,147
,S 10,613
$ (15)
81
66
9,465
9,531
1,000
CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
SPECIAL REVENUE FUNDS - DEVELOPMENT FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
Budget Actual (Unfavorable)
REVENUES:
Sales tax
Use tax
Interest income
Total revenue
EXPENDITURES:
State collection fees
Refunds
Hwy 30 improvements
Gateway fees
Total expenditures
REVENUES OVER (UNDER)
EXPENDITURES
FUND BALANCE - Sept 30, 1997
FUND BALANCE - Sept 30, 1998
$ 1,000
100
500
1,600
100
4,000
32,941
15,000
52,041
(50,441)
48,356
S 12.085}
(37)
$ 933
618
2,186
3,737
40
222
36,831
15,000
52,093
(48, 356)
48,356
S
$ (67)
518
1,686
2,137
60
3,778
(3,890)
(52)
CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL
SPECIAL REVENUE FUNDS - REVOLVING LOAN FUND
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
Budget Actual (Unfavorable)
REVENUES:
H.U.D. Block Grants
Interest Income
Total revenue
EXPENDITURES:
Grant administration
Grant distribution
Grant refund
Total expenditures
REVENUES OVER (UNDER)
EXPENDITURES BEFORE
TRANSFERS
TRANSFERS - IN
REVENUES OVER (UNDER)
EXPENDITURES
FUND BALANCE - Sept 30, 1997
FUND BALANCE - Sept 30, 1998
$ 485,000
8,000
493,000
5,000
500,000
28,085
533,085
(40,085)
(40,085)
695,789
S 655,704
(38)
22,550
22,550
_338,520
338,520
(315,970)
(315,970)
695,789
S 379.819
$(485,000)
14,550
(470,450)
5,000
500,000
(310,435)
194,565
(275,885)
CITY OF BLAIR, NEBRASKA
COMBINING BALANCE SHEET - ENTERPRISE FUNDS
SEPTEMBER 30, 1998
ASSETS
(39)
Water
Sewer
Total
CURRENT ASSETS:
Cash $
1,238,338
$ 358,319
$ 1,596,657
Accounts receivable -
user fees
365,960
102,979
468,939
Accounts receivable -
other
272
-
272
Accrued interest
receivable
34,178
372
34,550
Inventory
21,154
-
21,154
Prepaid expenses
911
764
1,675
Total current assets
1,660,813
462,434
2,123,247
RESTRICTED ASSETS:
Bond and interest
sinking fund cash
and investments
814,350
-
814,350
PROPERTY:
Plant in service
11,500,689
4,581,142
16,081,831
Accumulated
depreciation
(3,815,121)
(2,250,562)
(6,065,683)
Property - net
7,685,568
2,330,580
10,016,148
TOTAL ASSETS $10,160,731
S 2.793.014
512.953.745
(39)
CITY OF BLAIR, NEBRASKA
COMBINING BALANCE SHEET - ENTERPRISE FUNDS
SEPTEMBER 30, 1998
LIABILITIES AND FUND BALANCE
Water Sewer Total
CURRENT LIABILITIES:
Current portion of
long-term debt
$ 350,000
$ 980,000
$ 1,330,000
Accounts payable
118,431
65,843
184,274
Accrued interest
78,811
19,090
97,901
Accrued expenses
17,097
6,857
23,954
Total current
liabilities
564,339
1,071,790
1,636,129
DEPOSITS PAYABLE
1,700
-
1,700
LONG-TERM DEBT:
Revenue bonds
payable-
unmatured
4,330,000
980,000
5,310,000
Less current
portion above
(350,000)
(980,000)
(1,330,000)
Long-term
debt -net
3,980,000
-
3,980,000
Total liabilities
4,546,039
1,071,790
5,617,829
FUND BALANCE:
Contributed capital
2,055,100
2,770,834
4,825,934
Retained earnings:
Reserved
814,350
-
814,350
Unreserved
2,745,242
(1,049,610)
1,695,632
Total fund balance
5,614,692
1,721,224
7,335,916
TOTAL LIABILITIES
AND FUND BALANCE
510,160,731
2.793,014
$ 12,253,745
(40)
CITY OF BLAIR, NEBRASKA
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS
ENTERPRISE FUNDS
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(41)
Water
Sewer
Total
OPERATING REVENUES:
User fees
$1,958,933
$ 566,178
$2,525,111
Sale of merchandise
12,669
-
12,669
Other
13,059
-
13,059
Total
1,984,661
566,178
2,550,839
EXPENSES:
Personal services
407,916
192,522
600,438
Operating expenses
362,959
119,952
482,911
Materials and supplies
277,731
46,836
324,567
Rental expense
834
707
1,541
Depreciation
312,771
101,740
414,511
Total
1,362,211
461,757
1,823,968
OPERATING INCOME (LOSS)
622,450
104,421
726,871
OTHER REVENUE (EXPENSE):
Utility district
construction
(143,418)
(293,019)
(436,437)
Interest income
120,423
12,036
132,459
Interest expense
(248,041)
(41,650)
(289,691)
Bonding and grant fees
-
-
-
Operating transfers -in
368,315
371,966
740,281
Operating transfers -out
(189,913)
-
(189,913)
NET INCOME (LOSS)
529,816
153,754
683,570
RETAINED EARNINGS (DEFICIT)
Sept 30, 1997
3,029,776
(1,203,364)
1,826,412
RETAINED EARNINGS (DEFICIT)
Sept 30, 1998
$3,559,592
(1.049,610)
$2,509,98
(41)
CITY OF BLAIR, NEBRASKA
COMBINING STATEMENT OF CASH FLOW
ENTERPRISE FUNDS
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Water Sewer
CASH FLOW FROM OPERATIONS:
Net operating income (loss)
Adjustment to reconcile net
income to net cash from operations:
Depreciation
Decrease (increase) in accounts
receivable - user fees
Decrease (increase) in accounts
receivable - other
Decrease (increase) in inventory
Decrease (increase) in prepaid
expenses
Increase (decrease) in accounts
payable
Increase (decrease) in accrued
expenses
Increase (decrease) in deposits
payable
Net cash provided (used)
by operations
CASH FLOW FROM NON -CAPITAL FINANCING
Transfers -in
Transfers -out
Cash flow from (used by)
non -capital financing
CASH FLOW FROM CAPITAL
AND RELATED FINANCING:
Payment of long-term debt
Decrease (increase) in
restricted assets
Interest expense
Bonding and grant fees
Increase (decrease) in accrued
interest payable
Cash flow from (used in)
financing
-continued-
Total
$ 622,450 $ 104,421 $ 726,871
312,771
101,740
(2,528)
(25,542)
344
-
1,846
-
9
12
76,176
21,641
4,566
2,925
1,015,284 205,197
(42)
368,315
(189,913)
178,402
(350,000)
4,988
(248,041)
371,966
371,966
(41, 650)
414,511
(28,070)
344
1,846
21
97,817
7,491
(350)
1,220,481
740,281
(189,913)
550,368
(350,000)
4,988
(289,691)
(1,189) - (1,189)
(594,242) (41,650) (635,892)
CITY OF BLAIR, NEBRASKA
COMBINING STATEMENT OF CASH FLOW
ENTERPRISE FUNDS
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(continued)
Water Sewer Total
CASH FLOW FROM INVESTING:
Purchase of property
Utility district construction
Interest income
Decrease (increase) in accrued
interest receivable
Cash flow from (used in)
investing
NET INCREASE (DECREASE) IN CASH
CASH AND CASH EQUIVALENTS -
Beginning of the period
CASH AND CASH EQUIVALENTS -
End of the period
INTEREST PAID
$ (198,182)
$ (71,182)
$ (269,364)
(143,418)
(293,019)
(436,437)
120,423
12,036
132,459
(9,402)
73
(9,329)
(230,579)
(352,092)
(582,671)
368,865
183,421
552,286
869,473
174,898
1,044,371
(43)
CITY OF BLAIR, NEBRASKA
(- INDIVIDUAL STATEMENT OF REVENUES AND EXPENSES
BUDGET AND ACTUAL
ENTERPRISE FUND - WATER
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(44)
Variance
Favorable
Budget
Actual
(Unfavorable)
OPERATING REVENUES:
User fees
$1,910,500
$1,958,933
$ 48,433
Sale of merchandise
12,000
12,669
669
Forfeited discounts
10,000
10,570
570
Other
3,228
2,489
(739)
Total revenues
1,935,728
1,984,661
48,933
EXPENSES:
Personal services:
Salaries
323,207
315,196
8,011
FICA
24,300
22,581
1,719
Workman's compensation
6,000
5,214
786
HAL insurance
52,791
49,047
3,744
Retirement (city share)
15,200
13,755
1,445
Unemployment and disability
3,450
2,123
1,327
Total
424,948
407,916
17,032
Operating expenses:
Legal fees
400
-
400
Auditing
2,200
2,494
(294)
Consultants
11,000
21,719
(10,719)
Employee appreciation
450
376
74
Postage
6,000
5,311
689
Printing and publications
500
54
446
Computer programming
1,000
4,591
(3,591)
Schools, travel, and training
2,000
1,091
909
Dues
2,850
1,372
1,478
Utilities
270,000
257,199
12,801
Telephone
2,400
1,972
428
Vehicle insurance
600
720
(120)
Liability insurance
1,800
1,341
459
E_ Buildings and contents insurance
4,200
3,661
539
Employee bonds
200
-
200
Radio maintenance
600
672
(72)
Y Office equipment maintenance
800
348
452
- Motorized equipment maintenance
2,600
8,016
(5,416)
Building maintenance
20,000
32,452
(12,452)
Major maintenance
28,000
13,253
14,747
81
Contingent reserve
6,000
-
6,000
Electronic maintenance
4,000
2,608
1,392
Car expense
900
642
258
Bad accounts
2,700
3,067
(367)
Y
Total
371,200
362,959
8,241
U - continued -
(44)
CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF REVENUES AND EXPENSES
BUDGET AND ACTUAL
ENTERPRISE FUND - WATER
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(45)
Variance
Favorable
- continued -
Budget
Actual
(Unfavorable)
EXPENSES:
Materials and supplies:
Office supplies
$ 2,500
$ 2,661
$ (161)
Janitorial supplies
600
248
352
Shop supplies
2,500
1,988
512
Chemicals
250,000
235,515
14,485
Meters
12,000
8,956
3,044
Water line
60,000
20,149
39,851
Supplies for inventory
1,000
2,692
(1,692)
Gas, oil and diesel
3,000
2,377
623
Uniforms
1,000
734
266
Small tools
1,400
691
709
Payment to OPPD
3,000
391
2,609
Other materials and supplies
3,700
1,329
2,371
Total
340,700
277,731
62,969
Rental expense -
Office equipment
1,000
834
166
Total expenses
1,137,848
1,049,440
88,408
OPERATING INCOME (LOSS) BEFORE
DEPRECIATION
797,880
935,221
137,341
DEPRECIATION
-
312,771
(312,771)
OPERATING INCOME (LOSS)
797,880
622,450
(175,430)
OTHER REVENUES (EXPENSES):
Water district construction
(231,300)
(143,418)
87,882
Interest income
105,000
120,423
15,423
Interest expense
(248,880)
(248,041)
839
Bonding and grant fees
(1,000)
-
1,000
Operating transfers - in
432,078
368,315
(63,763)
Operating transfers - out
(180,000)
(189,913)
(9,913)
NET INCOME (LOSS)
S 673,778
$ 529,816
(143.962)
(45)
CITY OF BLAIR, NEBRASKA
INDIVIDUAL STATEMENT OF REVENUES
AND EXPENSES
BUDGET AND ACTUAL
ENTERPRISE FUND - SEWER
FOR THE TWELVE
MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
Budget
Actual
(Unfavorable)
OPERATING REVENUES:
User fees
$478,287
$ 566,178
$ 87,891
Sale of merchandise
500
-
(500)
Total revenues
478,787
566,178
87,391
EXPENSES:
Personal services:
Salaries
152,835
150,702
2,133
FICA
11,100
11,601
(501)
Workman's compensation
4,000
3,509
491
H.A.L. insurance
21,581
19,058
2,523
Retirement (city share)
6,250
6,633
(383)
Unemployment and disability
1,660
1,019
641
Total
197,426
192,522
4,904
Operating expense:
Legal
200
-
200
Auditing
2,500
2,793
(293)
Consulting/engineering
10,000
8,081
1,919
Employee appreciation
450
105
345
Postage
3,200
3,114
86
Printing and publication
200
4
196
Computer programming
600
-
600
School, travel and training
1,700
1,087
613
Dues
1,000
121
879
Utilities
45,000
41,409
3,591
Telephone
700
643
57
Insurance
7,000
5,717
1,283
Maintenance
20,400
30,323
(9,923)
Car expense
800
366
434
Sewer lines
59,000
26,189
32,811
Total
152,750
119,952
32,798
Materials and supplies
54,450
46,836
7,614
Rental expense
600
707
(107)
Total expenses
405,226
360,017
45,209
OPERATING INCOME (LOSS) BEFORE
DEPRECIATION
73,561
206,161
132,600
DEPRECIATION
-
101,740
(101,740)
OPERATING INCOME (LOSS)
73,561
104,421
30,860
OTHER REVENUE (EXPENSE):
Sewer district construction
(362,100)
(293,019)
69,081
Bond costs
(20,000)
-
20,000
Interest income
6,000
12,036
6,036
Interest expense
(62,475)
(41,650)
20,825
Transfers -in
362,100
371,966
9,866
NET INCOME (LOSS)
S (2.914)
S 153,754
S 156,668
(46)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND REVENUES
BUDGET AND ACTUAL
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
OTHER REVENUES:
State aid -Library
1,440
1,440
Variance
State grants
30,000
3,695
Favorable
Federal grants
Budget
Actual
(Unfavorable)
REVENUES:
321,280
2,110
(319,170)
Taxes:
1,100
11,459
10,359
Property taxes
$ 679,265
$ 683,656
$ 4,391
Motor vehicle taxes
68,500
75,577
7,077
Interest on taxes
4,000
3,572
(428)
Insurance tax
30,100
31,729
1,629
Receipts in lieu of taxes
68,000
34,511
(33,489)
State aid
105,000
99,327
(5,673)
Carline and,vehicle prorate
500
5,144
4,644
Homestead relief
-
30,392
30,392
Franchise tax
85,000
138,957
53,957
Total
1,040,365
1,102,865
62,500
Charges for services:
Business Licenses and Permits
92,100
142,993
50,893
Library
10,600
11,619
1,019
Landfill licenses
650
1,232
582
Cemetery lots
17,000
16,373
(627)
Grave openings
24,000
21,660
(2,340)
Swimming pool fees
28,700
-
(28,700)
Other fees and charges
21,540
23,117
1,577
Sales of fireworks
15,000
16,600
1,600
RV Park
3,200
4,302
1,102
Total
212,790
237,896
25,106
INTEREST INCOME
11,000
20,654
9,654
OTHER REVENUES:
State aid -Library
1,440
1,440
-
State grants
30,000
3,695
(26,305)
Federal grants
81,000
121,559
40,559
Gifts
321,280
2,110
(319,170)
Reimbursements
1,100
11,459
10,359
Sale of assets
15,000
69,807
54,807
County inspector payments
32,000
36,204
4,204
Other miscellaneous revenue
50
1,521
1,471
Total
481,870
247,795
(234,075)
TOTAL REVENUES
(47)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
ADMINISTRATION DEPARTMENT
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(48)
Variance
Favorable
Budget
Actual
(Unfavorable)
PERSONAL SERVICES:
Salaries
$ 77,254
$ 79,879
$ (2,625)
Social Security
6,100
5,738
362
Employee's insurance
67,994
56,708
11,286
Retirement
3,200
2,187
1,013
OPERATING EXPENSES:
Legal
35,800
27,446
8,354
Auditing
1,400
1,397
3
Consulting
12,000
12,557
(557)
Custodial services
4,000
3,669
331
Employee appreciation
750
710
40
Postage
3,000
3,963
(963)
Printing and publications
7,500
7,376
124
Training
4,000
6,248
(2,248)
Dues
6,400
8,505
(2,105)
Election expense
3,200
964
2,236
Programming
2,500
2,556
(56)
City utilities
4,500
4,996
(496)
Telephone
5,000
4,899
101
Travel expense
3,000
2,801
199
Insurance and bonds
4,800
3,864
936
News letter
8,000
2,627•
5,373
Maintenance
26,000
35,873
(9,873)
Tree removal
13,500
34,276
(20,776)
Chamber of Commerce
1,500
1,500
-
Car expense
3,720
3,720
-
County Treasurer's collection
fees
6,725
12,342
(5,617)
Miscellaneous
13,400
-
13,400
SUPPLIES
8,200
10,355
(2,155)
RENTAL EXPENSES -
Office equipment
900
422
478
CAPITAL OUTLAY
Motorized equipment
-
-
-
Office equipment
14,500
11,871
2,629
TOTALS
348.843
349.449
S (606)
(48)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
CONTINGENCY ALLOWANCE
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
Budget Actual (Unfavorable)
CONTINGENT RESERVE: $ $ $
Police car 25,000 14,998 10,002
TOTAL $ 25.000 $ 14,998 S 10,002
(49)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
POLICE DEPARTMENT
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
TOTALS
(50)
Variance
Favorable
Budget
Actual
(Unfavorable)
PERSONAL SERVICES:
Salaries
$474,697
$471,554
$ 3,143
Social security
35,000
34,638
362
Employees' insurance
90,248
83,231
7,017
Retirement
27,600
26,719
881
OPERATING EXPENSES:
Legal
10,000
19,168
(9,168)
Auditing
900
898
2
Employee appreciation
700
541
159
Postage
800
722
78
Printing and publications
1,400
1,651
(251)
Drug task force
6,700
6,721
(21)
Training
2,000
1,711
289
Telephone
4,000
3,012
988
Travel
600
566
34
Dues
400
579
(179)
Insurance
7,000
6,628
372
Maintenance
14,200
14,436
(236)
Medical exams
400
1,160
(760)
Car Expense
1,200
1,200
-
Wellness Program
1,000
975
25
Miscellaneous
1,500
920
580
SUPPLIES:
Supplies
7,100
6,762
338
Gas and oil
10,000
8,999
1,001
Uniforms
10,400
9,420
980
Ammunition and range
1,500
705
795
Safety Equipment/Training
3,200
2,292
908
Supplies - DARE
1,500
1,500
-
Supplies - GREAT
1,500
2,767
(1,267)
Supplies - GRANT
-
1,545
(1,545)
RENTAL EXPENSE
20,000
18,511
1,489
CAPITAL OUTLAY:
Office equipment
1,500
1,306
194
Motor vehicles
-
-
-
Radio/Camera/Video
4,500
2,875
1,625
TOTALS
(50)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
CEMETERY
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
PERSONAL SERVICES:
Salaries
Social security
Employees' insurance
Retirement
OPERATING EXPENSES
Legal
Auditing
Engineering
Employee appreciation
Printing and publications
Training
Travel
Dues
Utilities
Telephone
Insurance
Maintenance
Miscellaneous
SUPPLIES:
Operating supplies
Gas, Oil, Diesel
Uniforms
Small tools
Sand, Gravel, Rock
RENTAL EXPENSE
CAPITAL OUTLAY:
Office equipment
Motorized equipment
TOTALS
(51)
Variance
Favorable
Budget
Actual
(Unfavorable)
$ 54,273
$44,724
$ 9,549
4,025
3,114
911
7,886
7,355
531
1,000
991
9
75
11
64
90
100
(10)
300
150
150
180
24
156
190
118
72
175
95
80
25
13
12
75
70
5
2,500
1,986
514
700
651
49
1,240
1,117
123
5,400
5,596
(196)
950
950
-
2,000
1,904
96
160
132
28
1,570
1,531
39
700
675
25
14,850
13,000
1,850
(51)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
FIRE DEPARTMENT
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(52)
Variance
Favorable
Budget
Actual
(Unfavorable)
OPERATING EXPENSES:
Utilities and telephone
$ 12,000
$ 11,281
$ 719
Insurance
11,300
12,981
(1,681)
Maintenance
12,300
12,979
(679)
Travel
100
-
100
Training
3,500
1,217
2,283
Miscellaneous
350
536
(186)
SUPPLIES:
Gas and oil
2,100
1,150
950
Safety equipment
6,000
9,647
(3,647)
Miscellaneous
1,320
73
1,247
CAPITAL OUTLAY:
Specialized equipment
21,000
10,759
10,241
Land
50,000
-
50,000
TOTALS
S11 9; 970
�QQ,623
(52)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
PARK DEPARTMENT
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
(53)
Variance
Favorable
Budget
Actual
(Unfavorable)
PERSONAL SERVICES:
Salaries
$ 56,785
$ 55,432
$ 1,353
Social security
4,280
4,120
160
Employees' insurance
7,196
6,802
394
Retirement
1,000
989
11
OPERATING EXPENSES:
Travel
200
238
(38)
Utilities and telephone
4,700
5,000
(300)
Insurance
1,700
1,498
202
Maintenance
15,600
13,326
2,274
Miscellaneous
785
809
(24)
SUPPLIES:
Gas and oil
2,300-
1,851
449
Small tools
995
951
44
Miscellaneous
2,085
2,275
(190)
CAPITAL OUTLAY:
Motorized equipment
-
-
-
Playground equipment
13,000
12,766
234
TOTALS
110.626
5106.057
5 4,569
(53)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
LIBRARY
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
PERSONAL SERVICES:
Salaries
Social security
Employees' insurance
Retirement
OPERATING EXPENSES:
Auditing
Employee Appreciation
Postage
Dues
Printing and publications
Utilities
Telephone
Travel
Training
Insurance
Maintenance
Custodial services
SUPPLIES:
Supplies
Library materials
CAPITAL OUTLAY:
Office equipment
TOTALS
(54)
Variance
Favorable
Budget
Actual
(Unfavorable)
$ 88,692
$ 82,426
$ 6,266
6,784
6,332
452
11,610
10,812
798
3,856
3,160
696
300
299
1
720
591
129
500
509
(9)
325
460
(135)
250
353
(103)
9,800
8,146
1,654
1,800
1,177
623
200
32
168
200
75
125
1,125
999
126
6,400
5,838
562
2,200
1,950
250
2,660
1,848
812
33,400
36,151
(2,751)
25,304
5196,126
15,689
5176,847
9,615
(54)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
SUPERVISED RECREATION
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
PERSONAL SERVICES:
Salaries
Social security
Employees' insurance
OPERATING EXPENSES:
Auditing
Professional fees
Printing and publications
Utilities
Telephone
Insurance
Maintenance
Recreational support
Golf
SUPPLIES:
Gas and oil
Recreation supplies
CAPITAL OUTLAY:
Motorized equipment
Building
Paving
TOTALS
Variance
Favorable
Budget
Actual
(Unfavorabl
$ 8,270
$ 6,941
$ 1,329
640
356
284
460
403
57
80
100
(20)
150
324
(174)
4,000
4,922
( 922 )
50
-
50
1,370
1,262
108
4,400
4,081
319
6,000
10,500
(4,500)
250
1,160
(910)
300
236
64
1,750
1,995
(245)
120,000 - 120,000
10,000 - 10,000
$157.720 ��;� 5125,440
(55)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
SWIMMING POOL
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
CAPITAL OUTLAY:
Bath house 150,000 - 150,000
TOTALS 5203.860 1.,114 $191,746
(56)
Budget
Actual
(Unfavorable
PERSONAL SERVICES:
Salaries
$ 28,000
$ -
$ 28,000
Social security
2,000
-
2,000
Employees' insurance
110
-
110
OPERATING EXPENSES:
Auditing
200
200
-
Printing and publications
510
-
510
Utilities and telephone
4,750
3,583
1,167
Insurance
850
1,247
(397)
Maintenance
9,000
3,227
5,773
State sales tax
1,200
-
1,200
Miscellaneous
-
-
-
SUPPLIES:
Chemicals
4,000
3,729
271
Miscellaneous
3,240
128
3,112
CAPITAL OUTLAY:
Bath house 150,000 - 150,000
TOTALS 5203.860 1.,114 $191,746
(56)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
ZONING
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
PERSONAL SERVICES:
Salaries
Social security
Employees' insurance
Retirement
OPERATING EXPENSES:
Legal
Auditing
Printing and publications
Travel
Training
Dues
Telephone
Car expense
Maintenance
Miscellaneous
SUPPLIES:
Gas and oil
Supplies
Miscellaneous
CAPITAL OUTLAY - equipment
TOTALS
Variance
Favorable
Budget Actual
$62,495
$56,001
$ 6,494
4,700
4,048
652
11,922
10,634
1,288
3,000
2,173
827
2,500
21
2,479
100
-
100
4,000
2,125
1,875
500
123
377
1,200
1,448
(248)
500
665
(165)
1,700
1,562
138
3,600
3,672
(72)
500
31
469
500
82
418
500
472
28
2,100
817$-
1,643
457
(57)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
LANDFILL
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
Variance
Favorable
(58)
Budget
Actual
(Unfavorabi
PERSONAL SERVICES:
Salaries
$ 1,000
$ 1,787
$ (787)
Social security
80
298
(218)
Employees' insurance
50
-
50
Retirement
-
89
(89)
OPERATING EXPENSES:
Collection center
10,000
9,797
203
Printing and publication
75
252
(177)
Professional consultants
4,050
1,917
2,133
Insurance
-
511
(511)
CAPITAL OUTLAY:
Construction
42,214
-
42,214
TOTALS
S 57,469
S 14,651
42.818
(58)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
ANIMAL CONTROL
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
PERSONAL SERVICES:
Salaries
Social security
Employees' insurance
Retirement
OPERATING EXPENSES:
Legal
Auditing
Printing and publications
Travel
Training
Veterinary expense
Utilities and telephone
Insurance
Maintenance
Miscellaneous
SUPPLIES:
Gas and oil
Supplies
Uniforms
Miscellaneous
CAPITAL OUTLAY -
Building design
TOTALS
(59)
Variance
Favorable
Budget
Actual
(Unfavorable)
$ 28,065
$20,521
$ 7,544
2,150
1,467
683
6,486
5,302
1,184
1,200
414
786
500
-
500
90
100
(10)
400
283
117
250
-
250
150
-
150
3,000
1,359
1,641
3,675
2,527
1,148
385
352
33
2,625
1,306
1,319
170
98
72
1,000
857
143
1,300
904
396
500
854
(354)
80,000
$131,946
4,250
540,594
75,750
911352
(59)
CITY OF BLAIR, NEBRASKA
SCHEDULE OF GENERAL FUND EXPENDITURES
BUDGET AND ACTUAL
DONATED FUNDS
FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 1998
M
Variance
Favorable
Budget
Actual (Unfavorable)
Police - DARE
$ 1,762
$ 720 $ 1,042
Police - GREAT
-
- -
M.O.C.I.C.
2,000
- 2,000
Animal control
1,336
- 1,336
Library
169
- 169
Cemetery
100
- 100
Park
100
- 100
TOTALS
1-5-,467
S 720
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E'DWA RD W. SO IROEDER
CERTIFIED PUBLIC ACCOUNTANT
1904 SOUTH STREET
BOX 486
BLAIR, NEBRASKA 68008
Honorable Mayor and Members
of the City Council
City of Blair, Nebraska
Dear Gentlemen:
RESIDENCE:
(402) 468-5253
OFFICE:
(402) 426-4080
January 18, 1999
"Compliance and Internal Control over financial reporting"
I have audited the financial statements of the City of Blair, Nebraska, as
of and for the years ended September 30, 1997 and 1998, and have issued my report
thereon dated January 18, 1999. I conducted my audit in accordance with general-
ly accepted auditing standards and the standards applicable to financial audits
contained in Government Auditing Standards, issued by the Comptroller General of
the United States.
Compliance
As part of obtaining reasonable assurance about whether City of Blair's finan-
cial statements are free of material misstatement, I performed tests of its com-
pliance with certain provisions of laws, regulations, contracts and grants, noncom-
pliance with which could have a direct and material effect on the determination of
financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of my audit and, accordingly, I do not express such
an opinion. The results of my tests disclosed no instances of noncompliance that
are required to be reported under Government Auditing Standards.
Internal Control Over Financial Reporting
In planning and performing my audit, I considered City of Blair's internal
control over financial reporting in order to determine my auditing procedures for
the purpose of expressing my opinion on the financial statements and not to provide
assurance on the internal control over financial reporting. However, I noted cer-
tain matters involving the internal control over financial reporting and its opera-
tion that I consider to be reportable conditions. Reportable conditions involve
matters coming to my attention relating to significant deficiencies in the design or
operation of the internal control over financial reporting that, in my judgment,
could adversely affect the City of Blair's ability to record, process, summarize and
report financial data consistent with the assertions of management in the financial
statements. The City of Blair does not have adequate separation of duties.
(62)
Honorable Mayor and Members
of the City Council
Page 2
A material weakness is a condition in which the design or operation of one or
more of the internal control components does not reduce to a relatively low level
the risk that misstatements in amounts that would be material in relation to the
financial statements being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions. My
consideration of the internal control over financial reporting would not necessarily
disclose all matters in the internal control that might be reportable conditions
and, accordingly, would not necessarily disclose all reportable conditions that are
also considered to be material weaknesses. However, I believe none of the report-
able conditions described above is a material weakness.
This report is intended for the information of the audit committee, management
and federal awarding agencies and pass-through entities. However, this report is a
matter of public record and its distribution is not limited.
Edward W. Schroeder
Certified Public Accountant
(63)