HomeMy WebLinkAbout09-30-1984
CoMPREHINS I VA
ANNUAL
FINANCIAL REPORT
YEAR ENDED
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PRELIMINARY
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CITY OF DENTON
COMPREHENSIVE ANNUAL FINANCIAL REPORT
Year Ended September 30, 1984
Prepared by the
CITY OF DENTON
FINANCE DEPARTMENT
CITY COUNCIL
Richard 0. Stewart, Mayor
Mark R. Chew, Mayor Pro-Tem
Joe 0. Alford
Charles Hopkins
Linnie McAdams
James W. Riddlesperger
Ray Stephens
CITY MANAGER
C. Chris Hartung
DIRECTOR OF FINANCE
John F. McCrane
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Or86A1sation chore .......r.r..............................r.................. . d
Certificate of Ca"larmaAc* ter............... I
FINANCIAL UCT1ORt
Combined Financial Statamentl - Ovfrvler (Cenetel Purpose Financial Iceteoentol-
Audltoro, Report 1
Combined balance Shut - All Fund Types and Account Croups S
Combined statement at leoenues. LapeM ituru and Changer in Fund
Salantes - All Coverwental Fund Types and Empendable Treat funds 11
Co.bined statement of Revenues, LaptrAitures and Changes to fund balance -
Budget and Actual - Conical, Special Aevenue. Deft Farrirs and
Capital project Fund Types 0
Corbin" statement of Revenues, tmpeaae and Changes in retained
earnings - All proprietary fund Types and MeumpendAle Trust Funds 11
Combined statement of Revenues. Igponsto and MINIOL in Retained
Earning! - Most and Actual - All Proprietary Fund T a at
Crobined Statement of Change! In Fiodettd Position - Alt Proprietary
fund type and Iloneependable Trust Funds 23
votes to financial statements 25
Co"laing and Individual fund riaanetal MetameatI-
swntl~rr bf Special loveoue funds 1!
Combining salsnca shoot - All special seven" fund 42
Combining steteemnt of levenuesi Impendlturte and Changes
to fund balancto - All special llevenuo funds ..u.................u. fit
Combining stat6vtat of Iws+wes and tmpdnditurel Miss
and Aetval All 11"clol Rtvs6au Funds N
IuNAryy of C/Pltai praittle funds is
Coebtatng Went s sheet - All Capital trojette runde N
Combining statement of Revenues, tepaediteres and Changes Is Fund
Sa)ance! • All tap it al projects Funds $I
Summary of Enterprise funds Sl
Costintng Solance sheet - All~lnterprild funds $4
Combinteg Statement of levtnurs, ltpenus Ana aingea to Retained ,
Earaings - All tnterprl►e ►unas SS
Co"inies Statement of Aevenuea, tepenset and Change in Retained
taroings - Rueter and Actual - All ["toryyrl a Funds sO
Combining Statement of Changes in Via$ncial Position - All
[nterprise funds 62
summAry of internal Service funds 6s
Combining Salance Sheet - All tnlerllal Service Funds 611
Combining statement of Revenues, [spenea and Change in
Retained [erninga - All tntarnai Service Funds . it
Combining Statement of C11nge in Financial Position - All
tnternal Service funds ab
Summary of trust end Agency rune . 11
Comb(aing Silence Sheet - All Trust and Agency funds 72
Combining Ialanto shoot - All Noneapendoble Trust Funds 74
Combining Statement of Revenues, Expense aid Chanlo in
Retained taming. • All Manecpenda►le trust fund... 71
Slatee.ent of Changes In Assetr and Liabilities - Agency fund 71
Supplemental Financial Information (Unaudited).
Su"Arr of veltity system runde. to
Combining Salance shut - Utility system 6l
Combinint statement of Revenue, tepesses and Change
IN lttalned tareings - Utility spates 11
STATISTICAL SIMON:
11LUL
General Covernment tapenditeNa by function Let Ten F(rtal Tears $1
1 Central loveuar by Source tut too Pistil tests I 01
3 Property Tag Lwte and Collections Last do fiscal tests 11
1 Assailed and salivated Attest Volvo of Taaallo property
Loot Teo fiscal Teats 13
1 Property Tat Ratio and Tom Levies - All Overlapptng Covernmento
La1t Its fiscal Tear! tl
1 $postal Aiddawaal Collotttoas Lest too fiscal Tears 111
I sells of Mat Cioeral goad" Debt to Aeeiolad Value and Not
bad" Me Per tootle toot tee Meet Tatra 17
g Cempmtattev of tog 11 0011 Retain 14
I Coo►puufall" of Oirset and Ovsrlafping Debt n 100
to latls of Monist Debt service tostndltmfat far Geoarot
IMdel Me to total 4606061 lepengitorls Let tee Pistol Tests 101
It lNNlot bag COWAjol • Lost tea Filed Testa 401
11 ►ropetty rolls, Coiotrmatisa sad Ion% bpeatto • tut Ten Pistil tones 101
Is ptdett++at f"Oettero ..........................::.40.4..x.... tot
11 sch"mla of tltaraned to !etas „ ...................r.,. a toy
11 k"ilpfik Stallottol a Ulf Ida Most Fears IO1
Is *110011eggeNt Pool 4114101 Oa1d :,..,,....:I 1tl
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Deceubtr 8, 1984
',ART
To the Honorable Mayor, City Manager
and City Council,
City of Denton:
The Compraheneive Annual Financial Report of the City of Denton,
for the fiscal year ended September 300 1984, is submitted herevith. This
report was prepared by the City's finance Department. Responsibility,for
both the accuracy of the presented data and the completeness and fairness
of the presentation, ineludies all disclosures, reate with the City. We
believe the dita, as preseated, is accurate in all material aspects, that it
is presented in a spanner deairned to fairly set forth the financial position
and results of operations of the City as measured by the financial activity
of its various fundai and that all disclosures necessary to enable the reader
to gain the maximum understanding of the City's financial affairs have been
included rJt+t'
~iaua Accounting System and Budgetary Control
Ma; T.
"hA developing and evaluating the City's accounting system,
consideri'tib`lisis given to the adequacy of internal accounting controls.
Internal.f§counting controls are designed to provide reasonable, but not
absolute,'a`sltiknce regarding: (1) the safeguarding of assets against lose
from unauthorized use or disposition{ and (2) the reliability of financial
records for preparing financial statements and maintaining accountability
for assets. The concept of reasonable assurance recognises that: (1) the
cost of a control should not exceed the benefits likely to be derived= and
(2) the evaluation of costs and benefits requires estimates and judgments
by management.
AlV Internal control evaluations occur within the above framework.
We believe that the City's internal accounting controls adequately safeguard
assets and provide teasonable assurance of proper recording of financial
transactions.
Budgetary control is maintained at the activity level by the
encumbrance of estimated purchase amounts prior to the release of purchase
orders to vendors. Purchase orders which result in an overrun of activity
balances are not released until additional appropriations are made available.
Open encumbrances are reported as reservations of fund balance at September 301
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The Reporting Entity and its Serves
This report includes all of the funds and account groupr of the
City. It inclilces all activities controlled by or dependent on the City.
The City provides the full range of municipal services contemplated
by statute or charter. This includei public safety (police and fire), highways
and streets, electric, water and sewer utilities, sanitation, parka and recre-
ation, public improvements, planning and coning, and general administrative
services.
General Governmental Operations
General governmental revenues totaled $17,024,759 in 1984, an increase
of 28,1% over 1983. Property taxes produced 3731 of general revenues compared
to 42.51 last year. Tho amount of revenues from various sources and the
increase over last year are shown in the following tabulations:
Increase
Percent (Decrease)
Revenue Source Amount of Total Eros 1963
Taxes $101405,911 61.11 $1,585,958
Licenses and permits 3030725 1.8 909235
Utility franchise fees 418,680 2.5 50,743
Intergovernmental 748,101 4.4 (5560067)
Fees for services 494,212 2.9 2480404
Fines and forfeitures 616,826 3.6 $59612
Interest revenue 761,557 4.5 324,744
Miscellaneous 3,275,747 19.2 1,932:388
rrr-- ..r.......
Total $17,024,759 100.01 $3,7321017
woman wwoosommom
Assessed valuations of $1,1270586,551 represented an increase of
7.4% over the preceding year.
Current tax collections were 96.51% of the tax levy, an increase of
1,241 from last year. The ratio of total collections (current and delinquent)
to the current tax levy was 99.292, a 1.252 increase from last year. Allocations
of property tax levy by purpose for 1984 and the preceding two fiscal years are
as follows (amounts per $100/assessed value):
Purpose 1984. 1983 1982
0enectl fund $,3499 $.3375 $ .4650
Debt Service Fund .2101 .1725 .3090
rrrrrr rr,6~rr rrrrrrr
Total tax rate $.5600 $,5100 $ .7740
Samoan massed lumamas
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(a 4 ,a e Y d t ( q.?i r f ' Y' l :Y Pr M
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General governmental expenditures totaled $2105200641, an increase
of 21.4% over 1983, Increases in levels of expenditures for major functions
of the City over the preceding year are shown in the following tabulations;
Increase
Percent (Decrease)
Function Amount of Total Er_ om 1983
General government $ 407960132 22.3% $ 5889705
Public safety 5,531,882 2517 5110424
Public works 208000326 13.0 559,949
Parks and recreation 10498,226 7.0 240,500
Capital outlay 4,021,672 18.7 772,173
Debt service 2,392,858 11.1 646029 1
Other 479,545 2,2 479,545
rrr NrN rrr rrrrr rr rrrrrrrr
Total $21,520,641 100,02 $3,798,587
sssseesssss Mason asseness**
The unreserved-undesignated fund balance in the General Fund increased
to $19688,907. In addition, the unreserved-designated fund balance remained at
$518,649.
The fund balance in the Debt Service Fund increased from $34,049 to
$91,265.
Debt Administration
the ratio of general obligation debt to assessed valuation and the
amount of general obligation debt per capita are useful indicators of the
City's debt position to municipal management, citizens and investors. These
data for the City at the end of the 1984 fiscal year were as follows:
Ratio of Debt to
Assessed Value (100% Debt Per
Amount - of Present Market) Capita
General Obligation Debt $150552,750 1.37% $288
The City's bond ratings for general obligation bonds at-September 30,
1984, were A-1 by Moody's Investors' Service and A+ by Standard b Poor's
Corporation.
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Cash Management
Cash temporarily idle during the year was invested in certificates
of deposit ranging from 30 to 365 days to maturity. The average yield on
maturing investments during the year was 10.182, and the amount of interest
earned was $1,633,322. This was $391,123 more than interest on temporary
investments in fiscal year 1983.
Capital Projects Fund
Proceeds of general obligation bond issues are accounted for in
Capital Projects Funds until improvement projects are completed. Completed
projects and uncompleted construction in progress at yearend are capitalized
in the General Fixed Assets Account Croup. During 1984, project expenditures
totaled $31709,170.
General Fixed Assets
The general fixed assets of the City are those fixed assets used in
the performance of general governmental functions and exclude the fixed assets
of Enterprise an:' Internal Service Funds. As of September 30, 1984, the
general fixed assets of the City amounted to $41,506,518. -This mount
represents the original cost of the assets a1d is considerably lees than !heir
present value. Depreciation of ,eneral fixed assets is not recognised in the
City's accounting system.
Electric, Water and Sewer System
The City's electric, water and sewer utility operations resulted in
income more than sufficient to meet debt service requirements. Comparative
data for the past two years are presented in the following tabulations.
1984 1983
Operating Revenues $55,639,035 S41,376,356
Operating income 12,9831255 61056,689
Income Available for Debt Service 150813,402 8,139,681
Annual Debt Service 2,1220524 206130531
Coverage (Income Available for
Debt Service Divided by Average
Annual Debt Service) 7.48 3.11
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G}' t~ .a Sr. i Q 4 1Rti 5~ 4 0. ir
+l rt ~ % `YT_w`T'~ - l.L'Y M.'3 hi. t- .a J rah { T;r i 1 { r r v1P J' ~ ! t ,
1
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Outstanding utility system revenue bonds as of September 30, 19841
totaled $24,220,000. The bond ratings for these revenue bonds as of
September 301 1984, wmre A 1 by-*oody's Investors' Service and A+ by Standard
and Poor 's Corporations
Independent Audit
The City Charter requires an annual audit of the books of account,
financial records* and transactions of all administrative departments of the
City by independent accountants selected by the City Council. This requirement
has been complied with and the auditors' report has been Included in this
report. d
Certificate of Conformance
The Government Finance Officers Association of the United States and
Canada (GFOA) awarded a Certificate of Conformance In Financial Reporting to
the City of Denton. Texass for.tgs comprehensive annual financial report for
the fiscal ysar,epded Septembeja 30, 19830
In order to be svarded'a Certificate of Conformance, a governmental
unit must publish an easily rea4 bla and efficiently organized comprehensive
annual financial report whose coptents conform to program standards. Such
reports must saiiefy both generally accepted accounting principles and applicable
legal reqiiirements,
A Certificate of Conformance is valid for a period of one year only.
We believe our current report continues to conform to Certificate of Conformance
Program requirements, and we are.pubmitting it to GFOA to determine its eligibility
for another certificate.
Acknovledgements
The preparation of this report on a timely basis could not be
accomplished without the efficient and dedicated services of the entire staff
of the Finance Department. We would like to express our appreciation to
all members of the Department who assisted and contributed to its prspr:%stion,
Respectfully submitted,
John IN McGrane,
Director of Finance
ORGANIZATION CHART
CITY OF DENTON
SEPTEMBER 1984
CIYIZENd
CITY mom 'l
CM Al 100KT CITY MANAGER
countiucal
AlWTANr PtNANCE uTIlIT1Ef AUNTANT
CITY MANMIER owlEcrOR oMEcTom CITY MANAGER
EC
M
PrMe We" heed
71= 11
uo"s
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Mi~M Ow: ~rN ~ w
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Certificate
of
Conformance
in Financial
Reporting
Presented to
City of
Denton, Texas
For Its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
September 30, 1983
A Certificaie of Conformance in Financial Reporting is
presented by the Government Finance Officers Association
of the United States and Canada 10 governmental units
and public employe retirement systerni whose comprehensive
annual financial reports KAFR'sl are )udged to substanr~ally
conform to program standards.
• su
esldMl
Executive Director
- 1 IF -If,
h y '11 ~ 7
x:i
it
To the Honorable Mayor,
City Council and City Manager,
City of Denton, Texas:
We have examined the general purpose financial statements of the City
of Denton, Texas, as of and for the year ended September 30, 1984, as listed
in the Table of Contents. 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 circumstances.
In our opinion, the general purpose financial statements referred to
above present fairly the financial position of each of the fund types and
account groups of the City of Denton, Texas, at September 30, 1984, and the
results of operations of such fund typ:s and the changes in financial position
of its proprietary fund types and nonexpendable trust funds for the year then
ended, in conformity with generally accepted accounting principles applied on a
basis consistent with that of the preceding year.
our examination was made for the purpose of forming an opinion on
the general purpose financial statements. The combining individual fund and
account group financial statements and supplemental information listed in the
Table of Contents are presented for purposes of additional analysis and are not
a required part of the general purpose financial statements of the City of
Denton, Texas. Such information hsa been subjected to the auditing procedures
applied in the examination of the financial statements and, in our opinion, is
fairly stated in all material respects in relation to the general purpose
financial statements of each of the fund types and account groups included in
the financial statements taken as a whole.
The information included in the statistical section of this report
has been summarised from the City's records and was not subjected to the
audit procedures that were applied in the examination of the basic financial
statements, Accordingly, we express no opinion on such information.
,
Dallas$ 'texas,
December 3, 1484.
CITY OF DEN low. Tt1UAfi
cOMEM20 RAtA%t'E Q*rT -ALL nl%p TS'p" AND At'Mr T I:M'M
FOR TNt FLWAL SEAR IMMI CIJfLUM M, I114
►iduciary %tale
Governmental ►un4 Types Proorletarv ►ueA tvvea fund Tree Account Groups (P mroobm 0u1t)
.
• •rline r sl C+Kere1
Treat
Spot (at r*bt Capital Special Intermit and ►1.d tetil fiesl leptaier 30, ihptaa;ner Jov
" General 140taae Service -Projects Assessweot tatersrlaa Service eee A64m16 Liabilities 104 lots
cash end investments ! 2,OO5,S t 4 Il1,1" / 1 4,eA1,t11 6 S1I,616 6 4,244,M1 h 411.w 1 ))S,oSa 1 1 - 1 11,001,052 t
1,4R1,01o
Recetva►t a feet of allovaeees
for vacoliectiblesl-
Tatts
Account !)4,2)l - - S)\,231 SS+,4IS
e ,A - 1,41),214 t,211,AA3
etlled Nkility service - - ),61),IASRA
Sp - ),I112,3A4 P,ofw►,)M
6peclal aseessoenu - . 152,16! - - 252,SAf ii,40)
Accrued laterest 1,156 - - 4n1,)50 nOS IN,IMI S13,AA) Ill,loll
Other 302,110 366 - - 1,564,6 t4 fin ),IAft. I-A P,At$,IS4
Dw from other feet bo,S36 1 ))),t2S - - f)S,A41 414,356 125,541 11,615,521
Due from other governments - - - _ 143,R0A
leer.handise (avealorl, at lover - '
of cost or macbft - - - - - 1,1fn,S12 I,Oss,164 2,3S1,aM 242"'nit
Preys(! aspeasas and deposits - - - - - Is,06s - 10,120 - )),253 41,St6
Iestrlcted assets (lwte )1 - - - - - 7, NS, 140 - 1,ilS,riO 2,011,5N
Pined Smootal aft, where "
applicable, of accumulated
depreciation (Mote 2) - - - - M,f14,126 ),500,2A1 - 61,Sa6,S11 - lal,lAI,S16 t+o,Ml,fiP
Mount aveilsDle In Debt
service ►uM
Amount to be provided for - - - lI,1AS !I,)61 36,Mt
retirement of lung-term
Ilabilitles -
11,341,516 11,341,514 12,......
total Aeeete ! 1,114,002 1 IS9,142 1)13,l1S 1 4,4 M,IA2 1 420,AS0 11),511,A21 14,52S,618 6 446,011 1 Al,SM,SIA 1 12,415,111 1166,66),OSA
!w SI,\)5,0(6
N...•..••• *466.0 o.•.•.N •..1N . i........ NN~.b.eef N•M•N1. Ye NeM•N~Na yMN.af,N
The accoepsnTtng notes to fieancial atateoeau are an intetred put of this 1,41ente sheet.
•p. -10,
CITY OF ml TILKAS
(TWA11Nd el UWT. 9111" - AUL n" ""s A.VD Atmr YT GrAw S wows I'M2M
Pail! "it MESCAL 1'LAN tM*D s1IT1:k11M'.11 !1. IMP
,
Nd,te i an %t at e
C"Ormental turd types Froprlrtaev Fund Trees Fund type Account croups (14naor&*&we nd O
'trust ' Central central
fpeelal Debt Capitol special Internal and FieN too*-Leta September 10, Peaeta►er 10,
LIAIILtTMtt AND FM tQUI" Central Keveaue service trolecta_ Asstatneat t•_ter to ire -J4rvtce Agency Auto Liabilities MA, IM]
4
Llabilttia:
Derieit lositloa Is poolt4
csell ! ! u,111 !141,660 1 11,A1t ! f 1,617,155
Accuuets payable and atctuvd
to peaeH 521,010 17.41) - 212,172 16,016 S,112,6S1 115,311 114,615 - - i,t11,444 6,656,6)5
totatuiMt payable I],(" - - AS,116 11,6)5 • - - - - 1!0,251 134,1141
Liability for accrued
vscetloo ad silk leave
(Mete 11 - - - - - 111,60 2,!10 - - 1,6SS,612 1,10,111 1,t11,U 5
Metit depsits 1,0)5 • - - - )!0,144 - - - 11%,1)1 260,ASS
Mote p41atle - - - - 554,040 • - S50.000 121,101
Payable from cutricted
$$sata (Puts
Aecrwd latetett - - - - 5,234 652,111 - - - - 657,49S La21,551
teveaua bonds payable,
carnal - 1,1 N,AAA - - - 1,11 S,AA% 1.Sa5,D00
Due to other funds 11.650 16,132 - 341,471 - I,iSl,l)S 21,141 11,1)1 - l,111,SJt 11,6aS,Sll
Deterred revenues 206,T45 - - - 206,147 611,166
Leans payable (lute 4) - - - - 611,54141 - - !15,10 166,121 $41,101
oeneta) obligation bonds
payable (lute 11 - - - - - 1S,S52,itA 15,112,110 I6,F12,SAlt
Ieveaw toads p4ya4le (Mute 1) • - - - - !1,341,521 - • 23.341,521 21.111'211
..r... .
-
Total Liabilities )7),546 tS,140 24t,6M 014,115 642,}61 411,441,541 •1,ItA,1 1 ••140,}411 11,4)),)411 55,41),515 412.2]4,")
...M...... ...1 • 1....
the sceuapoylnl flutes to financial at.teoeou are an lotearal part of this %alone# sheet.
• i t- • 12•
Y
Wy 0 INTNTON, TILK"
c'Of'MWD IMAM %W," - All WND tj M Afro ACtYllnrl CUM" KtlreT N(tnl
FUR THIt "WA41'6'A11 FXIWb 9*nthlw.k )k flN
Fiduciary %kill
Oarernmeental puN T1144 proprlrtsry hind Types rw A Type Account Crouse (Mewraa/ew Only1
w.....................
Trost Central Ceaeral
Itwill bbt Cepltsl PPttiA internal and Pi Red tAaR-Terce 4/teeier 30, fe►to"er 10,
LIAMIT191 Apo I "D !mIV Cenersl Ieveaye service projects AeiHn4eRtt rnterptite frreice Agency Assets Mobilities 1406 111I17
poet 9411111
WatyHytN ryltsl-
►1001 etMt ewnitlpiltles
or lover W rant units 1 - ! - f - ! - ! 00 No !1,611,132 6 - f - 6 - 1 11,432,611 f II,t55,541
Id aid of rantttoctlea - - 1,It~l,blb - - 1,702,111 4,166,060
tevestaenl 14 lenetal fixed
assets - 41,So6,511 - 4t,Sn6,Slb 15,141,140
Adtai4N esralage-
kserved for ►uel
retirawet (hole 11 - - - - 6,MI,Sn1 - - - - ♦,AO/,Sni 6.4(%0. 40
wrtstevet
- - - - )o,U 4,A12 111,011 - - - )I,1 N ,11s Tt,116,42/
rund bataates
keervN for debt service - 91,265 11,265 54,041
kW10*4 for emia breeces 408,1t0 2l,SAS - !16,121 214,266 - - - - - 1,611,6)4 651,310
ksetvN (or inventory and
~reptds 25,470
1MtervN for tapital projects - 2,116,526 - - - - - 2,016,516 4,7e1,A)1
Ilareletved-
0sslSAL for tubsswent
fears, *spend Ilutes SIl,641 !0,111 - (16,121 • - - - - 57),161 1)5,431
12Nssl1astN 1,644,101 IAS,111 - - 1,414,115 H),024
. _ r_ . w.. • r wM••N
Total rued Equity 2,616,4!6 •tt7,4V2 511,145 .1,42),441 .ISI,OA) w60,A71,2A1 2,654,621 IAS,214 Al 61(,11; 111,IbA,114 14,ISA,021
Tots! tlanil(tits
and rund twit/ S ),St4,nt17 ! 111,141 1117,115 1 4,464,162 f #10,450 117,511,121 f4,S2i,Al4 S 464,011 6 Al,Sni,SIA ! 11,473,111 f166,AA1,AS4
ea~1,625,ntA
afwu uuie YN.efuN •eleewdo ee0ee4ee0.4 off e~Neee♦ NO.e.a He ■eeeeeeees eeles"Ofis en Nf oYeae &Meaeeleeee eeeeleJeeeee .f~Y~eiNN~
The atcompaeyin4 notes to flaancist statewnts Are M Integral Pitt of tots balance ofet.
•IS- •ll-
omiotti .
'~•M If ITATt 4"T or Itrvraagnt, vpvrwttmn AMl lxANrlls%1.4 nNn RvA 1r -
AU tx*FAV A:NTAI. W." TV1431 AVn p tlrrla3SAl4t TtttST n Nvt
M1M T UC FWAI, W" SM16:I1 ItLTtk*i*..K 31. 14"
Tot 416
(*WttMw 04111)
T14ueiary
Coverntw•ntal /w+1 Types veld type. year led"
Spec 10 Oe6t Capital Special tapenda►1o topteo6er 30, fopte.►ar 10,
t {t~~ lowwo Servier Projects t ta+en Trutt (!M 111)
i
11M1Mbt1t
l*001, (Mote it 1x,1!!,652 1 - S !,111,!71 ! - 1 1 - It0,105,111 1 1.111,9s)
WOWS ani rp~tcalll . : 16;t17S - 301,1!) 211,610
btlitty (fooknoi feet 411,680 - - - - 418.610 1 %on
flat@ 6of 2er2#itoree 611,526 - - - - 616,121 561,111
rote for services 29i.115 115,191 - - - - 494,112 145,101
ltteeest reveeul 111,195 101 - 419,403 31,660 14,111 120,136 431,515
lsterle.aro4N d 210,649 556,106 - 121,5)5 I'W.141
IAasrske premiums - - - - 1,165,111 1,26),13) 710,131
7liseellarwavi 611,111 30,21• - 2,061,301 $41,912 A,SS) 3,210,s91 1,341.361
total Revenues 10,9)7,%0 117,111 !,161,151 2,163,101 561,602 1,21!,111 11,130.000 13,/11,))1
111RO011Utelt
Corroot.
Oenora) Vverrownt 4,w,ISS 64,9)5 - 11,6r0 - - 4,•7,160 1,201,121
PAIIC Safety 5.451,411 1!,611 - - 5,531,882 5,020,49/
rofllt works 2,1SO,S22 35,100 - 16,104 2,100.126 2,240,)1)
forks 4od teereatrna 1,361,563 171,66) - - - - 1.491.226 1,151,126
Otlwt 11,211 1,061,071 1,019,139 61),646
Calltsl notly 321,119 56,601 - 3,109,110 451,121 - 1,%53,211 1,249,619
belt atrvIcGA
rrl6clpal retirement - 1,266,150 - 3,!49,150 1,041,150
Interest end fiscal ckarlor - - 1,171,106 - - 1,124,104 691,111
Total 91t/todiluret X14,1 0 64 1 )11,160 2,)97,151 $44 419.511 68,01 •11 5540512 •11,109,100
11clif of llvtMttl Oval (OMOt1)
til101111t01t1 15,555,903) 191,611 (201,591) 11,140,1401 104,056 211,611 (4,226,117) U,S1s,m)
«
0; 1t4x ►1MAKINC SOUK21 (Opt)c
rreceedo of lateral s61iditine kends - - 4,142,000
Z eallog telNifert is 6,611,990 - 265,115 122,05! - S.1S1,164 S'191,401
totinl 1001e(tr4 out {211,111) (562,621) (700,141) - (1,000,415) (103,485)
total Ottior 1104eeinS
1outm (list$) 4,116'Ist {762,621) 265,117 21,911 - 4,SSi,361 9.2)1,012
t1CtiS Of 1tVtM1S1 Aft Milt SOOICt1
*211(OM011) lifiMOl MtS An
emll 11tt1 1,020,151 (ItS,00)1 51,111 (1,101,522) 104,059 714,496 122 191 1,691,145
MW lA Akill 611PIClt) - October 1 16594,141 111,405 11,041 4,131,161 54,021 (30.511) 6,844,011 2,162.566
.s........
HIND 1AI.AMC11 • Seplerbet 10 0 2,614,496 1...........
111,401 S 91,249 1.1,1!),4/1 1 -158,013 1• I64.U5 4 6,916,101 0 6,664,011
aaaea,au,d u.,,.,. ua ,uuau oa u,O..a.aa uaa.au,a ualNUaa an a•~ru• uaar ar,a
Toe Act"W11 4 solo to fisantiol Steeiestl are at istelrai park e( 1411 tlatesenl.
a5. .16.
aY.'
errr;a olalTON, ttxA~
C014S1M(EM 9TAnMVO (W NEWRIVI.t. 1171PPAI)MIRL9 AND MAM.rt 14 FIND
NAI.ANIY-ti-.IKU.'tT A" ACTVAI. - t:fleERA1..4ECIAL RES1.NUP. WRT tf:RS'K'E AND
CAFItAL INaCW-ft KIM nPIES NM. IC's
n* !1121 FWAL YEAR LM"tE<•Tr WM !1. I11116
40clal Roveai,e (Federal capital Frofetla
costral Fund Revenue $hatlu and Recreation Funda) Oeht Ilervlce (General Freletta POW)
«
Torlsnce- variance- variance- 9arlanee-
ravershle Favorable Favorable Forwabla
l get Actual (unfavorable) lud t+wl (tba(rNrrla)
1t111MRti
Tafai perslss 1 Irt4t~flf I 1,)OI~72S 1 6`k,1)) I 0udeee ! Actual lOafsoeabla) 1 . ;t 42 IM Ac.ad ti9 ( I 0s S9 h+,1 ols lea
Wait At
ud - 1 12 124 000 A I 6
6[eattkA ens _
vs(Rty itfac)14e lea 661,936 611,610: U9,2S41 .
fiMA'pd letfe(trtes $1!,411 616,126 31,3112
root for servitot 341,581 291,415 0 f, 114) 155,428 It7,40) 2,315 - - +
totergtovotmrstal + !?0,461 210,461 S10'r-M 621,1$2 ([41,I it) - - -
laterals revetwa 60,000 191,915 111,195 - !9 N +
lliuellanaaua 47),948 61!,111 (tsl,ItO) - - +
Total Ieveawo In.I15,218 10,133,940 451,722 725,47 1 - SR,68. (145,214) -1,I2S,W 2,1",iS9
» -
C1,reant-
Oeneral tweernmest 4,124,051 4,588,155 235,116 19,610 (11,80)
F„blit safety 5,"1,53/ 5,453,424 224,114
public Otto 2,169,111 2,ISO,$22 119,IAI _
ratio and rtcrestios 1,36),012 1,361,543 ($,540) 106,n2I 119,663 (13,583) - -
Other
Capital outlay 319,6" 321,121 70,495 20,000 tt,0SB 942 316,621 131,17$
Cott service-
Principal retlre"al - I,IAA,050 1,14A,150
tsterest end listal cbartes - - - - - 1.22S,2A6 I,I2s,104 141,160 -
total topendllutes 15,138,011 16,419,641 640,244 126,0Jt 148,721 (22,641) 1,$$0.018 t,N1,as 147,160 4% "0 13d."S 120,265
LRCtSS OF Rdl1Ut6 OvtR «
(UNMR) UptnOltmo (4,962,869) (S,SSS,9n3) 1,406,966 S99,Am 410,941 (16A.411) (415,011) (203,$47) 206,419 U56, "I U 54,1951 120,205
»
VW9 MAKING SMICIS (Meth
Operating transfers to 6,976,369 4,11),990 (1626319) - - . AN,Odf 265,811 (149.lAS) 111,039 In."
Operas[n8 lraesrats out - 1237 7311 (131 23)) (520 ml (562,621) 7 M
Total Other FlaMtint
Iources (Oita) 6,916,369 A,Sli'm (400,112) (}20,Om) (562,6211 1,321 415.000 261,015 (M' 11S) 212,011 ftle.m
MISS Of RtVtxms Apo *MR .
sovilm OVt1 (OROtR)
EIPt"ITIMI 1110 &MO met 11,500 1,02(,)5$ 1.006,854 29,400 (21t,65A) (161.6$8) (111) Sf,116 51,234 (116,441) ".1361 l"j"
791110 mums, October 1 10196,162 1,196,142 - }33,601 211.608 311,1149
+ 154,191 iSA,t9tt
Iepler6ef 10 1 1,609,642 I ,,616,494 11,MM,1% 8 263,008 8 101,950 !?161,0$6) 1 34,013 1 41,147 1 S1,ISA 1129,64?) ! 90,f~i
IItA,liS
wuuua•a ao•u ••aae •auuu•a.uuu,u ••u •••a•• u•u.. •Na•ua ►uuua u•ua•+ e.aaaba e.•..rir a•aeeeN
The 6ctoapas1161 notes to linantlsl stateseats rte an integral Fart of this atateaent.
r X37-
ah o1 W, "OK I"i111!
t"0111NFJ1 MTATFJdFNT t* %FViNt'F"C 6tFF',fACli A1411 CHANUM M It"A110:0 FARNINts -
ALL MWIPRICTARV 11»01 111 PM ANO 6MAF,1tf9.SDAM1 TRtm it'NMt
FOR 1116 FTAt'M• WN F.VM.Is S/J T1JN1tJ13s 4116
Fiduciary Totals
Froptletsty fund types Fund Type (Peworandus 6a1v1
_
Year FmAed
Internal MonesserAdMe
tat.rsrtse Service trust 6164 "Ober 30, 1114 ffptembaf 30, IM
00t1ATING IMPLIES:
1lielttd 640VIce 541,l19,Slt ! L 1+5,lN,11! 115,!76,245
Pater strvied S,106,J0S S,OnA,AD1 f,11),1M
levee service A.1",142 4,2916,161 1,001169
Cbaraef for services I,S16,212 1,515,649 - %i t1,911 1,44,119
Soa6ry 118,095 - A,SSA !216,633 231,165
Total Operating Revenuee 5/,211,026 1,53S,619 S'S m 58,161,0A3 44,rM).164
OKMTINC tN11tsrstlt '
2rrt%smed pouet 11,113,751 - - 11,111,17! 22,511,6140
fuel 1,626,SM S,016 ,W 4,101,110
furcbase of rater l,Ol0,s11 - - 1,010,51t SA1,S51
tatatios and Vegas A,S66,A61 332,391 - 6,1 N ,2AA 4, IN
Materials and supplies 116,311 IS,M6 - 131,407 640,160
malateaance and repairs 1,158,760 19,244 - 1,711.506 1,142,187
bepreaiatlon 2,896,391 920,1666 1,411,6S7 1,100,030
Ifiseellasaous 7A1,44A 216,412 &;.w 1,11+6,416 1,522,561
.
Operatin8 topeeses .64,481,IS0 1,563,8(5 ..41SSA 46,01
......1.... 31,055,401
Operitin! Incubi (Loos) 12.741,616 __-Iiea 2061 '~-(71..OIA) .11,674,5A2
1011MRATIMC N[ytMMS ([2ptNSFl1:
tatareat revenue 112,987 2,260 - 115.261 4062,043
Interest espenee and fiscal ehar8es (1,903,846) - (1,103,4061 (t 111,161)
Contributiom of rotor veMcles to motor pool - 210,1111
tout Xouoptratlnp Nevenues ([apenseo) (190 6591 1 140 - (900,14) 11,!46,0131
Ineums (Loss) Before Opetattnl Teartsfera
and [btawrdinary Item 11,750,637 (25,A56) t11,11t!) II,AAs,16) 4,1156,400
Op[NAtIMC TIANSMS to (MY) 44,606,3211 252,IS) - (4,)51,361) (1,440,6111
r"AA0N/1NART ITCH - Cats On NeNrAins (Note 3) ),IA9,SM
.
Met Incowe (taul 1,146,111 221,611 09,61A) 1,114,{14 ) )106 5 k
RITAIKO [ARMING!/2VM0 NALAKI • October 1 10,Sf6,A68 - 40,!21 1A,416,924 15,160,S1)
ItTA111t/ t"NINCIPIr 0 IAtAMCI leptember 30 lSS,11),)!f ! -211,407 R 1,161 615,911,523 12#,616,926
NYbYYele~ YY lYlNtle !YIN IN IN lYNUH!!! N!N !Nib!
1Aa acewpanylnR aoto$ to flosotial statements bra M InteArai put of thli statewat.
'19- -206-
MUM. tV "ATEMIM OF RMNt7_9. F-%PF- 9FSt AND CRAWLS IN RMINEf) EARNMCM
K%GFT AND AM' Al. - ALL hIN"ICTAll1' W" T1Kx (MM.. Il I
1(M TMF FtWAt SEAR 1.4014 SAYMIOFR 16.19[1
Werprise tdterwat Eerrlte ftbrNntt fytlal fun1)
_ _ u•u.w •..ww-. . w.w
9e-lonee ~utaat/
/4voenhle Fwermhle
$Watt Actual 014fevorahte) ;ud6ot Actual YOafavero►lel
OMPATIOC AC11CEtRSs
ttectele service 140,8%,111, 1 45,221,572 6 4,111,441 !
Vato► setvlge 4,198,41) S,AAR,AOS ,I,0tn,1)2
Seer service ),061,910 6,290,162 1 2)2,262 -
Cllttes for services 1,616,7541 I,S16,212 660310) 62A,412 507.624 (45,646)
sundry 11,000 IIA,nos 301,095
Total Operating Revenues SO 456 )01 57.,2..22,..M. 6,164,544 620,612 56),011 (IS 644)
OFLMtINC CAFttarCE: .._•__w.... .w...
Purchased power !5.2]0,9)6 27,12),152 (1,093,014)
Fuel 1,255,510 5,626,510 f3, 111 ,0121 -
hechase of water 152,518 1,010,591
Calories and wages 9,)16,161 6,566,A67 149,194 160,010 ))2,191 1),011
Materials and supplies 841,112 116,111 IIS,421 2A.S15 15,046 5,611
tlaiatem mete and repair$ 1,122,)62 1,154,260 IS)5,190) 15,AM 19, UA O,)65)
Deer" latlon 1,7A8,416 2,416,)91 (1,1011915) - 1A,491 (10,6961
Ni a ellaneous 1,052,169 tA2,44A 1,110,111 211,101 240,816 (11.SA1)
..w....«
total operatlnA Lapenses 40,160,504 44,401,15n (6,120,646) 659,112 646,128 (24,414)
._w....... -
Operating lacuse (Lou) 10,09),198 12,141,646 2,Ao.A9A 0,96(t (A),tnn) (92,060)
ROMMAIIMC MUMS (EXPEN993):
interest revenue S90,0n0 912,181 )22,181 -
interest *opense and fiscal tharAea (4,275,966) (1,901,446) t621,AM1
Cont9ilwtl0ne al' tutor ee61e10 1 t0
rotor pool -
Total ltunoperatiop gvenues (Lapenmes) (685,966) (190,059) (3M,811)
Income (ton) Aelore Operattm
Transform AM Latraordinery Item 9,409,412 11,150,017 2,341,00S 8,960
t"7,100) (11,060)
OFIMTIMC TRAA.MS IN (OUT) (6,2)5,6991 (4,604,)22) 1,611,1111 11,160) (1,960)
•.w.....w•. • w-.• i ....1....
i
Pot loco" IWaa1 ).114,1)7 1,146,515 ),152,71! (12,060) (4t,0m)
MAIRLD LAR0INC; - Octoler 1 20,516,01" 28,574,810
...w....... . w.....
HUMP EARNINC; (MICIT) • Septe"e► 10 1316110,141 ; 35,72),%7 0 1,152,162 C C (12.0631) ! (12.1401
auu uaaaa ■.ab ll.ale• 4604616444& amammaaeaaa aaaaafaea Me 6666404a4aa
the actospanptng notes to fine69141 statements /re /n 111te0ral put of this atoteseat.
0T V (w ettnoll, Tow,
CC*4111 Pf►~3ATEMFY9 OF l'ROGIR!t lv nNAN(IAL Paclntw -
ALL "HIPOH:TARTRPMOT113Av11W/NF%PtW►ANtRTItUsTMm
F1111 THE FLStxL 11I.AR vrt9n .
AFM691ts:R 111
A1 Plane Isty Total a
Proprietary fund types fund PTp (memotandum only)
Internal _y Toot ended -
Latessrise Ut*1ee Trust .seedeNer•30 -!114 Seatemier 30, Its)
11011ICtI Of VMINC CAPITAL!
Ortrotlou-
Ott Income (food)
1 r,166,11A 1)1,09! If19,01U { I,f]6,943 1 1,aS0,116
11Ma ao requiring working capital.
Iepreelasioa 1,$% 191 916,6N 1,111,031 l,i10,030
Amettiaallew of lent 118eeuet ww 0000100 11,111 11,191 16,111
Vorklag Capitol Provided 09011
by Operattons 10,016,101 l,161,i►] (]1,0111 )61,111,253 I,ISt,7/1
Proceed, from sale of revenue $0646 1,100,000
Contributions. 1,100,000 26,650,140
federal agencies tSSS,6H) - ISSS,619) 3,46i'm
Other (undo - (165,11711 - (161.611) 111,111
to aid of conotructtoo 6.1)6,111 - - 1,516,111 S)1,)I1
Not than2e to restricted asset, and 11asltitiea
payable Rom restrieted assets 400.111
- - 601,111 1,999,01]
Total Soviets of Working Capitol 1),167,910 (]9,0111 II,t01,)OS 13,161,359
USH a WOUIN6 CAPITAL:
Acquisition of properly, plant and equipment 1 169 600 966.93?
1 196 1
Reduction of lef•tere test 2,060 000 , 13 10,116,11!
2,060,000 ].....,192
Total Uaeo of Vatting capital _ 0.44f.600 . 966.111 • • •10,616,533 •62,666,004
Net locrease (Decrease) in working capital S 1,116,360 6 .11,601 st19,0111 1 f,11D,t16 1 1,002,305
.suns.
tL040111 Of NRt INCRLAIR (KCRRA111) tN WUIINC CAPITAL:
locrease (deereasel to current *tests-
calk and IawN senss / 1,Oil us 1 (10,1)0) ((39,639)
1 I,IIS,016 I 379,130
Aetounts tecolvos)e 6,069,605 111 621 6,010,944
1s$ 019
inventory (101 $911) 164.60a
Other current assets (111:110) 611,021 $1.01] 11,16]
319,619
S6l,ll6
lneroaie (Deerss/t) in Current Assets 1,16%,191 565,102 4)9,011). 1,311,642 1,11],956
u.....L. .uu.u
Itnereuef decrease is current liabilities- . . .
Oefltll position Is pooled to$% tSI,133 35),131 (69,265)
Account piyatle dof other liaiititlea tills 416) (661,000) • • 41,9/6,tit) If90,N31
!plot topolt6 (Sf 1511 Ifs 11{)
Duo to other 1vn4e ' - 526,ldk1
Current 1,016.100 111,303 I!326
1,112,405
portion e1 long-ten fret {,101 19 ~ , ,Itf)
, !61,161
Y.......••• .Y..M
fNcreate (lneeeast3 IN Current Liabilities 21,511 •1930,493) N21,91ti (I,SIO,S69)
Net Inrteist (Decrease) IN Working Capital . I~1,814,380 S IS,401 1)39,0111 1 1,190,110 1 1,603 ]/1
•642.46404 614004•14 ••et.e ar ...«ll. •ld ,
604.4....•
114 se"Sayiol mitts to floinclil sla ddlentiasd an totoleal Pitt`ef this sln/ottcMY
er ys 7 a 7 ~ fa. I k N p~r~ r]'1 rM ri~' a+rG { i ~ a1 by
,q 1
r q r
" CITY OF DENTON, TBXA8
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 309 1"4
( U SUMARY OF SIGNIFICANT ACCOUNTING POLICIES
the City. of Denton (,:'the City") was incorporated September 26,
1866. The City Operates'as e;'4ome.Ruls City, under a Council-Nanager
fors of government and provide's the following services as authorised by
its Charterr. public Aafoty (polite and fir4),'Oublic works,'pakits and
recreati" itlet,tr c,'Mator and'aewer`utilitiess 4anitationj,and'';znecal
administrative services.`
The financial statements of the City include all activities for
which the City exercises oversight responsibility. Oversight responsi-
bility includes the accountability for fiscal matters and financial
interdependency. The following entities which have operations in the City
or are otherwise related to the City's operations, were considered for
inclusion;
- Firemen's Relief and Retirement Fund
- Denton Independent School District
- Denton County
- Texas Nunicipal Power Agency
- Denton County Appraisal District
These entities are not included in the financial statement presentat±on
because they are separate legal entities with separate governing bodies.
I%e accounting policies of the City conform to generally
accepted accounting principles as applicable to governments. The following
is a summary of the more significant policies:
A. Fund Accounting
The `accounts of the.City are maintained on the basil of funds or
groups of accounts, each of which is considered a separate accounting
entity. The operations of each fund are summatigtd by providing a separate
set of seH-balancihg l eteounts which comprise its assets, liabilities,
fund equity, revenues, expensw and expenditures. 'Che followingfunds and
groups of 'atceunts ire tied by thi Cityl
-2S-
rY~iKl J C { _1 t i:j,wr j- S'4FS;S 5 LiTr`,~ .4'~$~,Y'k, 6°t v ` { _ J f C Y i ; L
41,
1
Governmental Fund Types-
General Fund-
The General Fund is the principal fund of the City. All general
tax revenues and other receipts that are not allocated by law or contractual
agreement to some other fund are accounted for in this fund. From the
fund are paid the general operating expenses, the fixed charges and the
capital improvement costs that are not paid through other funds.
Special Revenue Funds-
The Special Revenue Funds are used to account for the proceeds
of specific revenue sources (other than special assessments, expendable
trusts, or major capital projects) that ere legally restricted to expendi-
tures for specified purposes, These funds include the federal revenue
sharing funds, grants from the Department of Housing and Urban Development
(Community Development block Grant) end from the Texas Criminal Justice
Division, the recreation fund and miscellaneous other revenues.
Debt Service Fund-
The Debt Service Fund accounts for the payment of principal
and interest on general long-term debt paid primarily by taxes levied by
the city.
Capital Projects Funds-
The Capital Projects Funds account for the acquisition of
capital facilities being financed from bond proceeds, contributed capital,
or transfers from other funds, other than those recorded in the Special
Assessment Funds, the Proprietary Funds, the Internal Service Funds and
the Trust Funds,
Special Assessment Fund-
The Special Assessment Fund is used to account for the financing
of public improvements or services deemed to benefit the properties
against which special assessments are levied.
Proprietary Fund Types-
Enterprise Funds"
'!he'dnterprisa funds are used to account for operations that are
financed and operated in a spanner similar to private business enterprises
where the intent of the governing body is that the costs (expenses,
including depreciation) of providing goods or services to the general
public on a continuing basis be financed or recovered primarily through
user charger, There tuhda include the Eleetrico eater rid Sower Utility
systate Mllity 90tam)` a11d the sanitation operstionsd
f.."~ii_ et n gym: r d, ;nv Vsfi r4A F a~ rt x :.~v} ,ie. > i:•4K`v 5 6' ~i 't
k i
t Internal Service Funds-
The Internal Service Funds account for the financing of materials
and services provided by one department of the City to other departments
of the City on a cost-reimbursement basis. These funds include the
working capital fund (vehicle maintenances warehouse and machine shop)
and the motor pool operation.
Fiduciary Fund Type
Trust and Agency Funds-
Trust and Agency Funds are used to account for assets held by
the City in a trustee capacity or as an agent for individuals, private
organizations, other goverments, and/or other funds. These include
Expendable Trust Fund (Employee Insurances Nonexpendable Trust Funds
(Denton Arts Council and Plus One Contributions), and Agency Fund ;rdyioll
Fund). Nonexpendable Trutt funds are accounted for in essentially the same
I„ manner is proprietary funds since capital maintenance is critical,
Expendable Trust Funds are accounted for in essentially the same manner as
governmental funds,` Agency Funds are custodial in nature (assets equal
liabilities) and do not involve measurement of results of operations.
General Fixed Assets Group of Accounts-
The General Fixed Assets Group of Accounts represents a summary
of the fixed assets of the City, other than assets of the Proprietary
Funds. Capital outlays in funds other than Proprietary Funds are recorded
as expenditures of those funds at the time of purchase and subsequently
recorded for control purposes in the General Fixed Assets Group of Accounts.
General Long-Term Liabilities Group of Accounts-
The General Long-Term Liabilities Group of Accounts represents a
summary of the long-term liabilities of the City paid principally by taxes
levied by the City. This account group does not include debt accounted
for to the Enterprise Fund.
84, Basis of Accounting
The accrual basis--The measurement focuses for the Enterprise
Funds, Interne service Funds and Nonexpendable Trust funds are income
determination and cost of service, respectively. Accordingly, the accrual
basis, whereby ravenues and expenses are identified in the accounting
period in which they are earned and incurred and net income is determined,
is utilized for theta funds,
Modified accrual basis4-The modified accrual basis is used for
all other unds. tto tat ono in the accrual basis for these funds
inclu re the 'toIlowin i
l
x .6 yob aF ty~ .w n fi~r.M91 3n=+, J,q X ~ ce nws Y:.~~ F # } k F°ar'f N~n 1 tl?.
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I. Revenues are recognized when they become both measurable
and available for use during the year. Those revenues
treated as being susceptible to accrual include taxes,
interest and intergovernmental revenues. Revenue
sources from licensee, fines and forfeitures, service
charges and other miscellaneous revenues are recognized
as the cash is received.
2, Expenditures are recognized when the related fund liability
is incurred, except for interest and principal on general
long,-term debt, which are recorded when due or otherwise
payable.
3._ Encumbrance accounting, under which purchase orders,
edotiacts, and other cosaaiteents for the expenditure
of monies are recorded in order to reserve that portion
of the applicable appropriation, is employed as an
extension of formal budgetary integration. Encumbrances
outstanding at yearend are reported as reservations of
fund balances since they do not constitute expenditures
or liabilities.
C. Eudiets and eo!dgetary Accounting.
The City Council adopts an annual budget which covers the General
Fund, the Special Revenue Funds (Federal Revenue Sharing and Recreation
Funds only), the Debt Service Fund, the Capital Projects Fund (General
Projects Fund only), the Enterprise Funds, and the Internal Service Fund
(Working Capital Fund only). The budgets for the Central, Special Revenue,
Debt Service and Capital Projects Funds are prepared on the modified
accrual basis of accounting, and budgets for the Enterprise and Internal
Service Funds are prepared on the accrual basis of accounting. The City
Hanager is authorized to transfer budgeted amounts vithin departments;
however, any revisions that alter total expenditures of a department must
be approved by the City Council.
D, Investments
In order to facilitate cash management, the operating cash of
certain funds are pooled into a common bank account for the purpose of
increasing income through combindd investment activities. Investments
(carttficatae of deposit, U.S. Treasury Notts and U,S, Covernment and
Aganey securities) are carried at cost (which approximates market value).
:ntofaet eirhid on investments is recorded in the (undo In which the
inveatsients are recorded.
E, Unb{fled keceiyabl a ,
The City accrues amounts for utility services provided in
Sept"bar,,but not billed at Beptembic 30,
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v Y> r i ~ r, I ~j r ,~c ~ vM y r v .ir ,
F. Inventories
inventories are valued at coat or the lower of cost Or market.
Cost is determined using a moving average method.
C. Fixed Assets
The City hai retained the cost records eviporting the construc-
tion or acquisition of fixed asestsl however, detai,ad fixed asset ledgers
have not been maintained. In the opinion of City matagement, all significant
additions and ratireiments have been recorded.
Enterprise and Internal Service Funds-
Fixed assets are recorded it cost, including interest during
the construction period. Contributed property is recorded at fair market
value at the date of cont'ribution,' Depreciation is recorded on each
class of depreciable property ytiliatng the straight-line method over the
estimated useful lives of the assets. "
Estimated useful lived are as follows;
Useful Life
Fixed t (Years)
Enterprise Funds-
Electric System
More assets - Structures 50
- Equipment 5 - 20
Distribution assets - Structures 50
- Equipment 20 - 33
Transmission assets - Equipment 20 - 33
internal combustion assets
- Structures 50
- Equipment 13 - 20
Steam pover assets - Structures 50
r
Equipment 20 - 75
Water and-..Sewer System
Structures 50
xatet and lower shins 20 - 33
Equipment 10 - 20
Furniture and fixtures 10
S~;i t a,.,,rt lob .
Vehiclfd and equipment 10
intereal Sfrvica Fundo•
Vehltl~ end equipebtne - l - 10
1lenewalb 'etrd bettarreets of propetty and equipsent are capitalised,
rhereas nottral tepgire &Ad eiaintonaace'aft charged to expense as theurrad,
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Fi Ti, -P t gc:r'" C , 's" `Yr +r{+ r e n A ~S ! 7 7.
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General Fixed Assets-
General fixed assets are recorded as expenditures in the General,
Special Revenue or Capital Projects funds when acquired, Such assets are
capitalised at cost, including interest during the construction period, in
the General Fixed Assets Group of Accounts. Significant gifts or contri-
buttons of assets are recorded in the General Fixed Assets Croup of
Accounts at the fair market value at the date of acquisition.' public
domain (infrastructure) general fixed assets consisting of streets, curbs,
sidewalks, gutters and drainage systems , Are capitalized along with other
general fixed assets. No depreciation is provided on general fixed
assets.
H. property Tax Revenue
Property taxes attach as an 'enforceable lien on property as of
January 1. Taxed are levied on October 1 and are due and payabte at`that
time. All unpaid taxes levied October l become delinquent February l of
the following year.
The City records revenue from current property taxes 'in the
year in which bills are measurable and available. A reserve is provided
for delinquent taxes not expected to be collected in the future.
At September 30, 1984, the City had a tax margin of $1.94 per
$100 valuation based upon a maximum ad valorem tax of $2,50 per $100
valuation imposed by Texas Constitutional law, Additional revenues up to
$21,875,179 could be raised per year based on the current year's assessed
value of $1,127,586,551 before the limit is reached.
1. Compensated Absences
The City allows employees to accumulate unused vacation up to
forty days. Upon termination, any ar;umuiated vacation time will be
paid to the employees. Generally, sick leave is not paid upon termination
except for fire and policemen. Fire and policemen accumulate unwed sick
leave up to a maximum of 90 days. All other employees are paid only upon
illness while in the employ of the City,
As of September 30, 1984, the liability for accrued vacation
leave is approximately $655,031 and the liability for accrued sick leave
is approximately $1,235,3166 The amounts applicable to the Enterprise
Funds ($22],489) and Internet Service funds ($),210) have been recorded in
those funds, and the amount applicable to other funds ($116351672) has been
recorded in the General Long-Tsrm Liabilities Account Croup, The aslt,unt
expected to be paid from current resources to not eianifteatiea
J, "Memorandum only" Total Columns
Total columns on the combined statements are captioned as
memorandum only to indicate that they ere pra4doted,ohly to•faellitite
anrlyris. Data in i6$16 eolunne do oot°pr666i Hndnote i 06tttoo"i"',
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i
results of operations or changes in financial position in conformity with
generally accepted accounting principles. This presentation does not
compare to a consolidation. Interfund eliminations have not been made in
the aggregation of this date.
(2) FIXED ASSETS
General Fixed Assets-
General fixed assets balances and transactions for the year
ended September 30, 19849 are suomari:ed below:
Wince
7~et anc e
sept#"Or 30, /OpcOmbet 301
1983 Additions Deductions 1964
Land 1 3,7!6,711 1 12,92) 1 1 3,611,634
boildinse 3,617,599 1,646,33! 7,311,951
streets 21,47$,0!6 4,76A4661 26,243,717
NachWtry aed OputpMnt
and oth4f (mpf*-eMhts 3,696,661 211,9f0 1,910,)31
weattuetiob in
yioaress 101411731 116121762 (203651290 206,799
..;4464 MrN• .Yr Y-rr.r ..N 446.40 rrrrM rN r- '
Tuts! ! 35,749,$24 1 1,)22,266 1(2,563,294) 14),5:6,31
4~N41.N~464 4N44~44466 414Y 4w~w 4w 4w •4444
InveetmOnt in COneral
Fis~d AINts- .
From pond issuOs 1 24,933,159 S 5,920,773 1(2,565,194) 526,260,636
From current revenue 305679300 342,323 30909,123
Y.......... ........r. .......46..
260500,459 6,263,296 (20$65,794) 320191,461
From tontributioni 71249,065 210361991
- 9,ae6,0;7
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Total 0 33,;49,;24 sr1,322,2e6 3(1,$65,;94) 1415Z.5 16
44464w6646& "40.446666 444"46666• •466444"44
Additions consist of expenditures from the Capital Projects
Funds (33,632,925), the Central fund ($2850945)1 the Special Revenue Funds
($56,578), Special Assessments Fund ($458)328)1 Construction in Progress
reclassification ($39739,321) and net capitalised interest ($1491185).
Construction in progress is composed of the follovings
FraJeet tepended to
ADMOfietien 1e9toobef-30, 1964 Comitted
Stanley, tAeua tctar ara(nabe 11,1!4,000 1 11,096 11,112,902
cityw(dd 014004th trojeet !00,000 16,137 163,16)
iellrta Id deilesla 101000 9,332 410,460
p4hheM a dfd14414 6690000 149,661 3!9,332
Levy 361 l•o-1f project 2500000 21,664 228,136
YNrrwrr Nru 40444 Yr rrrsw rr
12,3111000 1 201,719 N ,114,201
u4w4w4e 4r444ewre 464044444
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Enterprise add Internal Service Funds-
Fixed assets of these funds are as follows:
September 30
1199844 1983
Utility System-
Land and land rights $ 16842,561 $ !,647,550
Water rights 2501064 250,064
Electric plant and equipment 53,438,441 53,4971163
Water plant and equipment 33,022,890 31,2151599
Sever plant and equipment 14,0671353 12,1.131024
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Less- Allomaac• for depreciation 102,621,309 98,773,433
(38,458,398) (38,474043)
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640162,911 60,2991412
Construction in progress 290,164 982,499
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$ 640453,073 $ 61,281,911
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Sanitation-
Land and land rights $ 4519219 S 370,908
Vehicles and equipment 820445 42,150
Less- Allowance for depreciation (12,013) (5,768)
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$ 5210651 $ 407,290
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Internal Service-
Vehicles and other assets $ 5,9781482 $ 50169,087
Less- Allowance for depreciation (3,634,766) (29714,100)
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9 2,343,686 $ 2,454,987
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(3) LONG-TERM DEBT
General Obligation and Certificate
of Obligation Bonds-
The general obligation and street improvement bonds are serial
bonds collateralized by the full faith and credit of the City, and payable
from property taxes. The bonds mature annually in varying amounts through
2003, and interest is payable semiannually.
Bond transactions for the year ended September 300 1984, are
Summarized as follows:
Bonds outstanding, October 1, 1963 $166817,500
Issues
maturities 19264,150
Bonds outstanding, September 301 1984 $15,552,750
General long-term debt at September 30, 1984, is comprised of
the following issues:.
Moun t
percent or IF (flat Outatandino at
General obligation Interest Issue Final Mount September 306
Debt Rater Data Maturity of Issue 19R4
Street i.prova.ent ).SO to 3.$5 1960 19RS s 600,000 S 15,000
street irprov"Wat 2.15 to 3.20 1961 1981 5001000 60,000
General obligation 1.00 to 3.25 1963 198$ 506,000 601000
General obliRatioa 3.30 to 5.00 1966 1916 1,000,000 120,000
General obligation 4.35 1461 lost 600,000 150,000
Cenerat obligation 4.00 to S.00 1966 1956 1,000,000 2150000
central obligation 4.60 to 6.50 1969 1999 1i2A51060 310,A00
Central obligation 5.10 to 1.00 1910 tool 1,000,060 350,000
Street Ispruvement SAS to 1.15 1914 1991 10800,000 11000,600
General obligation 5.15 to 1.15 1914 1994 !65,000 S60,oo0
Central obliRatioa 4.50 to 6,50 1916 1996 2, Soo 000 1,625,000
General obligation 4.00 to 6,00 1911 1991 3,600,000 1,100,000
Central 41 list Loft 5.15 to 1.00 1919 1000 4,500,000 1,600,000
certificates of
obligation 5.50 1911 1991 1250000 $50000
Certificates of
obligation 6.15 1919 1991 1101000 110,000
Ctrtlfieataa of
ubligatloa t.115 1919 1991 2158000 2150000
Cert4tleatas of
obligation 9,90 to 10.00 1910 1995 150,000 2501000
Not#a payable 10 1960 1915 300,000 62, ISO
central "Hgstion 1.10 to 10.00 19$3 2003 601410000 4,525,000
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125,132,000 IIS,S51,t50
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a wyy ~ J 9 i~ yii f a"(r?^ t~ 1 7 f 4 n Ag$re=ate maturities of the general obligation debt (principal
and interest) for the y-•srs subsequent to September 30, 19840 are as
follows:
Year Principal Interest Total
1985 $ 10272,150 $ 980,157 $ 2,252,907
1986 1,210,000 904,025 2,114,025
1987 1,1500000 833,858 1,9830858
1988 111609000 7639905 1,923,905
1989 10065,000 6959321 1,761,321
Thereafter 91695,000 318259981 13,920,981
05,551,750 $8,004,247 $23,556,947
u~re~iasr'r~ ■.arrsarss srrrr~sssar
Ptoceedo of general obligation debt are recorded in the Capital
Projects i'unde and are restricted to the uses for which they were approved
in the bond elections. The City Charter expreasly prohibits the use of
bond 'proceeds to 'fund operating expenses.
During January 1984, the City issued a certificate of obligation
in the amount of $S50,000 which was used in special street construction.
The certificate of obligation is reported in the Special Assessment Fund
balance sheet.
Aggregate maturities of the certificate of obligation (principal
and interest) for the years subsequent to September 309 198x, are as
follows:
Year Principal Interest Total
1985 $ - $ 66,000 $ 660000
1986 - 44,000 440000
1987 - 44,000 44,000
1988 - 44,000 440000
1989 5500000 22,000 572,000
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$550,000 $220,000 $7706000
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Revenue Bonds
The City issued revenue bonds of $23,280,000 in 1983 to refund
the existing debt of the Serer System and Utility System (Waiter and
Electric System Revenue bonds). The existing debt was legally defessed as
a result of this refunding traosaction, and the City recognised an extra-
ordinary gain of 03,189,308. The revenue bonds are serial obligations
payable annual!y in varying amounts through 2007. Interest rates range
from 46752 to 9.63x.
-34-
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Revenue bond transactions for the year ended September 30, 1984,
are summarized as follows:
bonds outstanding, October 1, 1983 $ 25,280,000
Maturities (20060,000)
Issues 2,800,000
26,020,000
Less- Unamortized bond discount and expense $930478
.......r....
Net bonds outstanding, September 30, 1964 $ 25,4261522
>.rrNrrrrrrrr
Aggregate maturities, including mandatory redemption requirements,
of the revenue bonds (principal and interest) for the years subsequent to
September 30, 1984, are as follows:
Year Principal Interest Total
1985 $ 1,733,000 2,06&,528 S 31803,$28
1986 116801000 119109034 30630,034
1987 1,655,000 1,64'$,381 315001361
1988 11755,000 107321471 3,4870471
1989 118950000 1,615,268 32510,268
Thereafter 17,300,000 111098,690 28,398,690
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$261020,000 $200310,372 $46,330x372
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In addition, the City has the option to retire at pf.r all or a
portion of the bonds prior to maturity on or after December 1, 19931
The revenue bonds are collateralized by the revenue of the
utility system and the various special funds established by the bond
ordinance. The ordinance provides that the revenue of the system is to
be used first to pay operating and maintenance expenses of the system and
second to establish and maintain the revenue Sond funds. Any remaining
revenues may then be used for any lawful purpaee. The ordinance also
contains provisions which, among other items, eastrict the issuance of
additional revenue bonds unless the special funds noted above contain the
required amounts and certain financial ratios are feet. The City is in
compliance with all significant requirements. Below is a summary of the
various restricted asset accounts required by the bond ordinance as of
September 30, 1984:
Interest and Sinking Yund $2,122,524
Reserve Fund 310009000
Emergency Fund 250,000
Extension and tmprove"nt fund 1,8231216
$7,195,740
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Assets in third adeaunts consisted of cash and u.81 government
securities, Related liabilities and retsittiad sae6inge art as followas
-35-
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ti ° !fi Y 7xn ITrt' 'T IYnE S' tL~T a ,1 1 tW4a s "'~v'j fi r
1
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Payable from restricted assets
Accrued interest S 652,239
Revenue bonds payab'1, cttrent 10735,000
Retained earnings rest. for
bond retirement 4,808,501
$7,195,740
UNNOWN"We
Bonds Authorised and Unissued-
As of September 30, 1984, there were $20,000,000 of revenue bonds
authorised but unissued. The proceeds from the sale of the revenue bonds
was recognized on October 25, 1984. There were no general obligation or
revenue bonds which were authorized but unissued.
(4) LEASES PAYAtU-
Leases payable represent the re.aining smounts, payable under
lease purchase agreements for the acquitAtion of vehicles ($5710916),
Xerox equipment (341,643), computer hardware ($155,660)1'and word prbetesiAg
equipment ($69,689). These leases are recorded as capital le a es. The
vehicles and Xerox equipment are recorded in the Internal Service Funds,
and the computer hardware and word processing equipment are recorded in
the General Fixed Assets and General Long-Term Liabilities Account Groups.
Remaining requirements, including interest, under these leases are as
follows:
General
Internal Long-Term
Year Service Liabilities
1985 $333,245 $146,691
1986 1900102 62,842
1987 660941 7,381
Thereafter 29,271 81455
$619,559 $2250369
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(5) HNSION PLANS
The City participates in a pension plan sponsored by the Texas
tlunieip+el Retirement System (TMRS), an agency opersted by the State,of
Texas. The plan is a defined contribution plan covering all full-time
employees except firamen. The plan is funded by contributions` based on a
percentage of compensation paid to employees. Employed `are currently
contributing an amount equal to 52 of gross pay with the City contributing
C01 of gross pay.
The City's policy is to fund pension costs accrued which
include anortitation of prior service costs over 20 years
As of January 1, 19641 the actuarial prasent value of accrued
plan Wadfits was as, follows
-9dw ,
2v
Vested $7,114,734
Nonvested 880,401
$7,995,135
■r7rrr rrr■
The value of plan assets as of January 1, 1984 was $5,684,242
and the actuarial present value of benefits was calculated using a 5%
Interest rate assumption.
Firemen are covered by the Firemen's Relief and Retirement Plan,
a defined contribution plan. The City's policy is to fund pension costs
accrued which include amortization of prior service costa over 30 years.
As of August 31, 1982, the actuarial present value of accrued
plan benefits was as follows;
Vested $1,218,612
Nonvested 75,751
' $1,294,561
■rrryr~ar•
The value of plan assets as of January 1, 1984 was $20220,537 and the
actuarial present value of benefits was calculated using an 8% interest
rate assumption.
Pension expense for the year ended September 30, 19840 was
as follows:
TMRS $ 421,155
Firemen's Plan 101,025
$ 522,180
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(6) COMMITMENTS AND CONTINGENCIES
Agreement with THPA-
In 1976, the City, slon8 with the cities of Bryan. Greenville
and Garland, Texas (the "Cities") entered Into a Powev Sales Contract
with the Texas Municipal Power Agency (TMPA). THPA was created through
concurrent ordinances of the Cities and is governed by a Hoard of
Directors consisting of eight members, two appointed by the governing
body of each citya Under the tardy of the agreement, THPA agtoed to
construct or acquire ale"trie generating Plante to supply energy and
paver to the Cities for a period of not lose than 35 yeersa The Cities
in turn agreed to purchase a11'future power and energy t Ouireeanta
in excess of the amounts generated by their systems from TMPA at prices
Intaided to cover operating costs and retirement of debte to the event
that tevenuas are insuffieieAE to cover all caste Ind retire the
outstanding debt, etch of the Cities his guatantaed a portibn`af the
unpaid debt based, gonstallyI upbfk its pra rata share of the energy
de lversd to corl$ Wears in tha prior opartting years
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i . 4 ] 1 . ° r` s`"r s t F k'S o q : r~Y~~j`L~ ^~`r
/h` ~ki a ~N Y'~. v~ i.::- " y r r, t'L hY.. fk i' W r° ~ .j :
Y.s. , y a-::5 s ;ro
n
As of September 30, 1984, total TMPA debt outstanding was
approximately $1132101700000, and the City's guaranteed percentage is
approximately 20.33%. In the opinion of management, the possibility of a
material payment under this guarantee is remote in that TMPA is generating
operating profits and assets exceed liabilities.
Presently, TMPA operates a 390 megawatt lignite-fueled generating
plant and has an interest in a nuclear-fueled generating plant under
cunatruction. Should THPA be dissolved, each City would be entitled to an
undivided interest in the property.
Flow Memorial Hospital-
The City of Denton and Denton County participate jointly in the
operations of Flow Memorial Hospital. Flow Memorial Hospital is administered
by a seven-meaber board comprised of four members selected by Denton
County and three members selected by the City of Denton. Certain funding
is provided by the County and City.
At September 30, 19840 the City has provided Flow Memorial
Hospital with $125,000 of support for operations, and has budgeted an
additionai $250,000 for fiscal year ending September 30, 1985.
Selected financial statement information of Flow Memorial
Hospital is as follows:
(Unaudited) September 30,
-
1984 1983
OPERATING REVENUES $1311189808 $11,612,300
OPERATING EXPENSES 131650,213 12,9350258
OPERATING INCOME (LOSS) (531,405) (11322,958)
OTHER NONOPERATING SOURCES (USES) 290,518 320,006
TOTAL ASSETS 6,7099952 69849,943
CURRENT MATURITIES OF LONG-TERM DEBT 187,370 1870110
LONS-TERM DEBT 7091056 F85,040
TOTAL LIABILITIES 390530011 31012,565
TOTAL EQUITY (DEFICIT) 30656,941 3,8370378
Agreement with Lone Star Gas Company-
During 1983, the City entered into a natural gas sales contrast
with Lone Stir Gem Compaq which provides for natural gas through 1988
to be ustd ar fual fair the City's electric generating facilitias. The
cantncit' "rc iuires that thi city esa"te its future use AM provider
pedaltits if actuel usage is less than 402 of the estimate. 96 petirltiei
vote ` incutrad'durtng fiscal 19840 and matiagemeitt does not anticipate My,
durint "K sea! i0sis
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8~
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P ~y~" ~i4' M1 i'S'~~, r'i. Yl e'~n^ b' rf'~~.h~`5 7~~~, 1'a A'~ r~~1.a~'a`%t Kr S dQ+'}.. lY'~1 t +q~e ~u, •C,r}aara irw Lx_!1.
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r a t t 4 S , K ' S '
Litigation-
Various claims and lawsuits are pending against the City. In the
opinion of City management and legal counsel, the potential losses, after
insurance coverage, on all claims will not have a material effect on the
City's financial position as of September 30, 1984.
(7) SEGMENT INFORMATION FOR ENTERPRISE FUNDS
Segment information for the year ended September 30, 1984, was
as follows:
Utility Sanitation
System Fund Total
OPERATING REVENUES $35,639,035 $1,583,811 $57j2221846
DEPRECIATION 20890,141 60244 2,896,391
OPERATING INCOME (LOSS) 12,983,255 (2410559) 12,7411696
OPERATING TRANSFERS OUT 4,304,919 1180510 414230429
NET INCOME (LOSS) 1,530,055 (383,540) 751469515
CURRENT CAPITAL CONTRIBUTIONS:
Federal agencies 15,005,140 - 1590056140
In aid of construction 9$02,818 - 9,302,818
PROPERTY, PLANT AND EQUIPMENT:
Additions 711489397 120,606 71269,003
Deletions 20920,102 2,920,102
NET WORKING CAPITAL (DEFICIT) 697029281 I,302,099 6,0041380
BONDS PAYABLE 239626,522 108000000 25,426.522
TOTAL EQUITY (DEFICIT) 600778,942 (7472661) 60,031,281
-39-
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(8) INDIVIDUAL FUND DISCLOSURES:
Individual fund disclosures as of and for the year ended
September 30, 1984, are as follows:
Deficit
Fund
Balancea/ Expenditures/
Retained Expenses
Interfund Interfund Earnings Over Budget
Fund Receivables Payables (if any) (if any)
General Fund $ 439,536 S 13,650 $ - $ -
Special Revenue Funds:
Community Developeent
Block Grant - 90126 23,849
Recreation - - 229643
Criminal Justice 8 99786 497
Debt Service 3330925 - -
Capital Project Funds:
Street Improvements - 292,856 - -
Construction Projects - 48,034 - -
Williams Square - 1,037 - -
Enterprise Funds:
Utility System 7319204 1,498,150 - 30258,611
Sanitation 71663 260,585 747,661 362,543
Internal Service Funds:
Working Capital 267,674 280181 - -
Motor Pool 226,680 - - -
Trust and Agency Funds:
Expendable Trust 139 139 - -
Agency 2259708 70,993 -
Total $2,232,537 $2,232,537
asaaaaaaas arasaasaaa
-404
q h r t ~F t M.- a l.f 1 P Syr t r r A• 1p'ti.u~
r
CITY OF DENTON, TEXAS
SUMMARY OF SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1984
Federal Revenue Sharing - to account for the operations of projects utilizing
Revenue Sharing Entitlements. Such entitlements are issued by the office
of Revenue Sharing and ssy be utilized at the discretion of the City.
Community. Develoof Block Grant (CDBG) - to account for the operations of
projects util king Comun ty Development Block Grant Funds. Such revenues
are 'restricted to expenriture• for specified projects by the Department of
Housing and Urban Development.
Recreation - to account for the revenues and expenditures for the recreation
programs which are self-supporting. All expenditures will be reimbursed
100%. Various business operations, such as concessions and pro shop, will
fall into this account.
Criminal Justice - to account for revenue received from the State of Texas
Criminal Justice Division. Grants are restricted for use for crime
prevention and narcotic enforcement.
Emily Fowler Library - to account for fines, donations, memorials and gifts
to the Library that are restricted to the Public Library.
All Other Grants - to account for miscellaneous special revenue sources which
are required to finance specific activities.
a►1*~
a" OF OWOK TMXAS
cG&W VVG RH. Mfg SA9lt - ALL VMt1A). t1.4 M Y MM
f0! 110- PW 4L U AR L IMA StrtOWN Xs, ttal
Totals
Year rd.d
Merl Oorrwe i r! rally «
• Rreera Develepae'at crielasl fouler All ilther It"t t 30, Xeptee2Mr 1o,
ASSM Sharlig IIaM C"" Rareatien ]rat lee Ll►_ rats trentt )9111 t9R)
taa1, oM iaeestaeatr ! - I - SION.L91 ! 9,2X1 S 5,595 f 15,699 IISA,)A6 1150,1"
Mar r"Oteables
>hX 3,~0R
Due from other fw+da _ - ` -
R
We has other Soeenreots. - - lU,AM
Total Assets S10I,S59 X 9,2X9 S 1,$1$ S )5,699 X119,142 X)04 IM
UAI1L1T111 AND n" RALINCMS
M abilitieas
IRfirit "itice is Pooleil cuh ! - 1 14,3)1 It 1 - ! - I I I4,))1 1 -
Actounts payable and accrued expenses - 392 6,AM - 3,460 2,020 12,A12 1,012
Due to other fonds - 9,126 r_9_2R6 - 10.912 2).9)1
Total Liabilities - 2l,"9 X,AM 9,166 3,1M 2,020 45,140 21.105
fud lsalaeees (Delicit0l.
Ikseteed for aetuebrances - 240 14,04A 156 6,066 1,211 22,465 15,213
I2sresereed•
Wsl4eated for subsequent fears'
eapenditures - (24,nA9) 01,402 loss) (4,259) 12,)9R 90,591 2A1,112
Total fund /alances IDerielu) - 121,X41) IO[,95n (412) 2,122 11,421 113,X02 22X,"5
Total Liabtlities sal fund talanees 6.... I.*. :..11:.59 ...I'm .•9.,99 .)5.699 ....:t.. , 11.,IIm
-42- /1-
CITY OF DENIM TEXAS
(0020(0202: A7Att%W%T np RI%VVIM rirr,%FWR R)-% A." 41141rY.4 1% 117.1w 1t1AMj.gt
41. 111 % 1 -4 F. " VA
a{M TIW 01W AS. 11-M 1\M P,%Pmmm M• H11
. , tot ai a '
/oferel Qevvflopnent... hei1T All . Leaf ►twt►1
lleveaue A)eck Criminal fowler Other. So pteeAer IA. 0epeeeder-311,
shot Ias trant Rerreatica ]rsiira ti9reee era is 14111 l"Y
laterRovernnentai revenues F 6 N,AI) f 39,$10 1 760 6 51,f1A3 t - 6 1,125 A S16,106 6 154,161
Fete for serrlrea - 11},101 37,496 146,ta1 15,469
20terest revenue - 24 19 - - to 201 4,982
Miscellaneous 26,217 1,to1 30,774 40,114
-
total Revenues --41!,013 48,24 6 100,6)1 91,003 26,282
y OAS lA} )1A 007 !IS
Rapendituren
Carrtat-
Genera) goverment - 611,064 - - 4,060 19,111 64.9)$ II,SAS
Public safety 10,456 91,042
Public Vohs 1S.1m )6,546
Parts and recreation - - 129,66) 129,66) A2,35A
Capital Outlay - 11,934 19,0$6 2,401 11,211 - 5R, RN )6,441
.
Total Expenditures - 111,016 144,121 6n,139 21,241 071 3114 160 243!)9
» .
Excess
of R,renoes over
(Under) 2spendilvres 419,01) (14,576) 11,450 11,226 2,991 (13,916) 391,410. 60),114
»
Other Financing Souttea 06011:
Operating transfers out (562,621) - - - - - (562,621) (592,219)
total
Other Financing
Source$ (Uses) (561,621) - - - - - ($62,6211 (562,1191
Raceaa of Revenues and Other
Swtces aver (Under)
G pendltures and other Uses (I41,6nfl) (74,514) 11,450 17,224 2,591 (11,900) (10$,0031 10,915
fund iaiances (Deficits) - October 1 I41,6n6 In,12S on. AM 112,721) (164) 42,437 210,405 267,490
Fund !slants (Deficits) - lept"ber )0 6 - • 1 ftf,0441 f 101,550 5 (1411) S 2,121 $31,621 $ 111,402 1 -111,401
•u uaua nebb• 91e60e491 ~.u.tu wuebe ewN~r eateawaaa 4646410620
OTT OF tKNTON. TEXAS .
(TtgblW: n4niki 1 M lkm- 11_5 AVt I:Sff.%om im - MTX:4'T A%P Atnu, -
411 A141. k11't]t T. II MIi .
RO TO FtWAC %LAM 1.VNfl 6EFrWW IL X. 1%4
redtrat Revenue shorlas Recreation Total
_ . « .
9arl Me- forIofta- Vortwo-
` ►evorahte ravorable Favorable
_ 8udset Aelual' (Parworahle) _ 1u1Rat Actual "(ralsYOrahle3 Paget Actual (0atwotalle)
advesuosi
totergovernneatat reetnuer 1 S10.000 ! 419,01) lflSd,111) ! ! 2,169 1 2,161 ! 570,04 S 621,707 ! (148,218)
Felt tar services - 155,611 752,103 7,125 IS5,676 Ill.") 2,325
tetereat ttvenut - )1 99 - „ 19
Total Bevenals 510,000 4H, oil (750,911) 155.416 160.071 5,19) 725,671 519,606 (165,144)
txpeaditures:
Current-
Far)s and recreation - - - 106,011 129,667 (23,585) 106,071 121,665 (21,565)
Capital outlay - - - fo,rlm 10,058 961 2n,o00 19,050 642
Total tspendklutea - - - 176, 010 160 721 (f2 N4)) 126,014 161 771 (22 h43)
beets of Revenues Over
(Under) Expenditures 570,04 419,011 (150,987) 29,40 11,950 (17,450) SH,tfq 4)0,961 (166,4)71
Other financing Sources (Uses):
Operating ecsnsfers out IS 70,000) (562,621) 2,711 - - !51!1,000) (561,621) 7,319
«
total %.~er financing
Sources (0646) (570,000) (562,611) 1,379 - - - tS70,000) ($61,621) I,ST9 !
tattle of Rere "s over
(Under) txpendktvres
and tuber Uses (14),64) (141,600) 21,400 11,950 (12,45") 29,44) (131,658) f1h1,0w
fund $aloneea - October 1 113,608 143,608 OM 10,(W* 213,608 111,64 -
fund Balances - SW eater 30 ! lIS,608 ! - lfft3,60R) ! t16,4M ! I0k,950 (I11,6SO ! 263,008 ! 101,450 1 (161,058)
MY.a O/Y• YYY YYY.e/• •Y Y.YYtl• •NYN/.,Y HYN.Y.Y/ •.YY.Y.Y //.Y.H/YI Y.YYb YY.• Y/YYYY.YY Y•
4
xir as rs r+r~n rr» rfix rt rT tiert .'rr ~a e~ y~a,$, r7v as .,,r ¢ _ re r xau 3r u_"Lp Kr ,r i
r x u .J; ~ r<t Y'Wr~ m. u rt;l ~r V"yti Psr ~ F ~ 1~.41ye ~At ae J r b 3 Sr a. ra.
J_t S:j 1 .
4
. I.
CITY OF OENTON, TEXAS
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1984
SUMMARY OF CAPITAL PROJECTS FUNDS
Airport Improvement Grant Fund to account for FM Grant in :id for runway
extension and airport development.
General _Prolect_Fund - to account for investing nonrecurring funds in capital
plant expansion or improveaants, extraordinary maintenance projects, facility
construction or other large nonrecurring projects, funded by operating
revenues.
Street 'ls roVement.Fund`+.to account 'for repairs and rehabilitation of city
streets unded by grants and bond proceeds.
Williams Square Fund - to account for paying downtown parking lot to provide
parking in central business district funded by bond proceeds.
Construction Pro'ects Fund - to account for major rehabilitation and construc-
t on of facilities funded by bond funds.
Other - to account for miscellaneous capital revenues and expenditures.
. rae-
e j Max r•• r'
Ct1T Of DEMTOK 1114E
CO4N%I%C 641.4N-It 6Ht'lT - ALL CAHtAt. 19VUft15 t► sts
11* TIt1 ffarAt. 1 f a4 1.~Mb 61:It E6M) 6 x 1Mt
Tot a1 s
Airport Tear ...ed
laprovenent General Street Willi rs construction 4o..................... '.vibes 70, Isµan►et I!',
stun 'Cr~tt pro eels irerovewent ltsoire ►rojectt Ot4r l9M 19E3
,
Cash dal (svestaltito ( '44,402
Ree f 170,911 111,11S.62% / 40,12) 420.1-A 6 8,44% 66,067,912 $4,$07,211
otesbles (ret`af allowance
for arcaltec4ibldaji
Otbat _ 22.610
Accrued interest - y D,S)2 H7 60,161 601.M, 66,100
04M from other farads
Total Assets. 1 44.402 f 170,461 61,711,797 1 40, 120 S "A'Sil 4 9,445 $6,464,161 65,291,509
.Y/..../.• Y.......// /..//\\N /
UAflLIT111 A)0 rtiRO LUASMS
Liabilities:
Deficit position is pouted east, t - f - $ - t - $ - $ - $ - i -
Accounts payable snd accrued expenses • 76,166 116,766 - 112,9)2 09,929
Retata.le payable - 2,117 66,616 - 16,961 - 65,116 22,12a
but to other fusels - - 292,656 1,01) 46,0]4 - )41,921 2)2,0{2
Deferred revenue - - - _ . - 11,700
Total Liabilities - M,4D7 696,760 1,0)) 6),015 - 640,111 162,54+
fund malaneu:
Reserved for eocuottences 76,105 907,616 - . 6,000 946,921 l24,Sli
Reserved for capital projects 46,4D2 $2,45) 1,120,121 79,761 410,621 2,465 2,116,526 6,701,411
Total land Iatrnces 64,602 90,5$6 1,221,171 19,26) 61),622 1,445 ),121,441 1,971,969
Total Ltabliltlsa and
Fund rslincu 1 64,402 t I)0,961 $1,114,191 1 40,120 4 40n,61) S 1,645 $1,164,162 $5,194,509
a.*H\.... •0....../ H\.\../Y• /.//\.\\N
J9- •SM
CITT Of OWOK ftxAS .
C *MKtW. STAMMS1 M ■ A V t1t tlr[.pnt b:" A%il rI14L%t:ft I% 11M1tr Iu, swtA -
ALL rAMTAL Mltl2tl'T9 n %M
tl7R TIK ftw L 9tlg l.VMb 141,101lrt A. I"d
Tot al a
airport • r Year ta6e5
!grovt+omt Ce•sen! Street Williams CenAtrucltea September M. 14ttier 10,
Cunt are icts loprovwat- - S,tuare Projects other 1916 - (151
IeLenea t
- teter~overnreatat f - 9 S t - 3 - f - S - ! 767,765
tatereet revenue 91 629,14 7,037 sl.s27 - 679,w 3 442,597 -
Mi64ellaneoos - - 2,076,692 - 6,609 7,087,101 116,019
-
Total leveauss 91 2,501,119 2,011 57,121 6,609 7,563,106 1,61),931
tspeodltutrat
Corrost.
General government - 19,670 - - - 19,610 36,636
?-Alit works - - 16,706 - - • 16 106 $9,504
Capital 0ullar - 716,625 ),266,015 - 126,791 7,710 ),709,110 2,136,127
-
feneHores - 116,295 3,760,162 124,291 0 1,76),544 7,112.062
Iota) is .
ft
[sass of 8rvenues Over (Under)
Ispeaditores 98 (1)6,795) (771,9019 7,011 (11,170) 6,)99 (1,110,660) l1,t1/,1111
Other financing Sources (Uses):
rroceads of general obligation bonds - - - - 6,162,000
Operating transform In - 212,059 - - - - 217,Os9 171,9)6
eperatimg teamsters out - - 1165,1111 (1,0)8) (17,992) - (200,161) -
Total Other rimaneing
Ioirres (Uses1 772 ,ON 1166,1121 h ,0 NI (12,9971 - 71,911 6,911,9)6
Iaeess of ferrnuea and Other
fouteet Over (Under)
trpenditores and other Uses 98 (66,736) (96s.0161 991 (106,162) 6,399 11,101,522) 3,195,811
fond lalancea - Octcher 1 66,106 IS6,7% 6,166.151 16,290 522,N6 6,066 6,931,969 1,6)6,1N
fond 110 ances - September 30 f 66,607 9 90.$so 1),27),117 5 )9,211 $ 617,622 8 5,445 f), 17 441 S6,91i1,969
.u u.uu e.....or. e......... .....u... .u.a..u♦ .a.u.u. ..ouru.
v
C~ r5 r~,ry♦ Sr,''k r K.r ~ 1:i i~~: ,z~ ~ ~i lri H sy'; idi k~ f ~ws.r 4w it.1# v, yz °t.~ a
r a S . r .a (n ql~q
CITY OF DENTON, TEXAS
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1984
SUMMARY OF ENTERPRISE FUNDS
Utility System - to account for the provision of utility services to the
residents of the City. All activities necessary to provide such services
are accounted for in this Fund, includiag, but not limited to, administration,
operations, maintenance, financing and related debt service.
Sanitation - to account for the provision of sanitation services to the
residents of the City, All activities necessary to provide such services ire
a.counted for in this Fund, including, but not limited to, administration,
operations, maintenance, financing and related debt service.
,
cart OF oWefolt. TV"
C061MWYC WAVE. WI,11-AU. UR/~H~tV. FI'MIR
FM I'M Ittl'4L t f 42 1,%OSDa1.REMKIt A 1q4
tot Mt
fief 0tllitt Septee.er 30,. ~ September 30,
bated anitatloe 1514 IN3
Cash end loeestaueta 9 3,104,152 $1~1lS,S4S 9 4,144,051 1 1,211,111
Aetelvablet feet of elloeaeees for aetellectiNea3-
Aleeuete 1,127,176 9,421,176 4,211,491
lMbllled atitlep smite 7,111,119 41,110 3,412,366 2,960,164
Accrued tatereat 324,24$
0tbrr 126 230,101 49,011
1,1U,S65 11,105 1,44/,614 1,121,213
Due from Deber feada 131,249 1,663 136,461 410,119
wrebahlise ieeeotorp, at lever of coat or
darter 1,111,512
prepaid eapeases lad deposits 12,063 1,216,512 1,401,101
661titted utets 1,195,740 !3,061 II,113
piled soLeta; vie, it at.uevlated depreciation ",451,011 ,I55,14C 1,014,511
521,651 49,514,126 61 P.,1,014,511
total Assets $11,13s,429 $1,164,000 $S3,s15,429 $17,111,6)6
"Y r "Q
CITt OF DIVOK TE1W • • .
ILVIP+OrC 041.4Vt f .101, - All, FNTrIf m n7utl.
Full TM' M Al. 1 FAA l~1mp Ytf1nMM.M .46, M4
toe al a
1.1A01LITIp An rm 100tt11 01111 It 4 pttebtr 30.
Ikytem►er 30,
__Frslem Laitatlon 3f43
LlAILLITItt: 1984
Deficit position in gold ton%
Ateouatt payable and ottrred eapraaee 4 ! 1 - 4 751,151
Ietalaa/e payable S
4,707,673 610,7lt ,111,159 3,144,978
1,14411 fly for accrued rtettien leave 1046,649 99,269
1letet dgoohr 40.840 110,704 277,419 205,705
Mote payable - 310,104 757,Ss3
Payable from restricted States. - - 719,101
Atervd interest 653,7)9
Ierenee bonds Payable, current 1,1)5,000 657,7)9 1,07),531
Due to otter funds 1,494,000 760,StS 1,1)5,000 1,545,000
Deferred rereee 1,151,733 7,177,414
Ittu,ie bonds payable 21,I3,577 7,100,000 1%em .
_ .3)=697:513 71,111,771
Total Liabllltira .)0,974,6047 }.513.6►1
)):4048,5404 )1,)N,711
I'm twityl
CeM ributed tayital.
Pram otter municipalitlem at sovernnental units I5,00Sv140
IN AN of conttructiun 15,005,140 IS,Sb0,5S9
Rtlaind tarninse (dotic(t)• 9.507,618 - 9,302,411 6,166,040
4e0erved for bond reelr~nt 4,408,501
Mnreaerved 11,667,401 - 4,604,501 6.400,310
(141,6611 )0,914,127 74,176,426
Total Pund tgrity (Deffelt) •60,174,943
60,031,301 4t.903.401
Total Lisbflltlea and Fw,d rarity g1,iSS,139 fI,JN.000
479 (43,311,6ri
.N.d.
:t
M.. Oft DMOII. Tnu .
tTrAM144U t1ATFW" (N 2151!0'11 [c1[ate►41 00 C111,104- 4114 RF14144tr LARMMA -
all t"morktv2 float
Fern rRF. 1m#A, Iw f %"b.%Y 14112 w le6a
set al a
Year Ended
Utility
$ralem tanitat Iso Seats her 30,1$54fett -t 30, 1963
OkutlMO ttKMRtt
10erfrlc ses,ire $<5,229,512 ! (tS,11'►,512 115,)16,261
t41t4 lervitt 5,108,105 - 1,601,105 ),161,104
Ierssr OrAte 4,190,161 4,190,141 2,06),761
Chargers for services - 1,176,212 I,S16,212 1,114,0$9
SwWr1 110,4!6 7,599 )II,IM) 255,124
Total Operating Revenues SS,639,015 1,103,111 51,221,84', 62,136,!07
OKIIATINC RAPOSISs
Purch46e4 power 2;,17),717 - 21,121,;1! II,S14,080
fret 5,616,510 - 5,626,5)0 4,412,520
Purchase of Voter 1,010,591 - 1,010,S9i $49,552
Salaries and wages 3,644,101 171,059 6,561,161 ),961,581
Naterisls and supplies 489,140 124,971 716,311 510,612
Kstateasnce and repairs 1,129,014 521,176 l,iS1,160 1,112,660
11e►reclatlea 2,190,141 6,144 2,196,191 2,01S,124
Niscelloreus 441,1721 340,&10 ;42,448 I,)56,41t
Total Operaetng Expenses i2,65S,110 1,111,);0 66. 181,110 16,710,119
Operatteg Income (Loss) 12,183,1SS (141,5S97 12,141,614 6,0)6,)44
MOOMIATINO R[9LNOt1 (L2FLNStl):
foterest revenue 912,161 126 ~1l,181 121,064
Interest espesse and fiscal charges 11,90),6161 (1.903,846) (1 912,761)
Coetei►utloes of vehicles to titer pool - - - ~740,9I5)
Tetal Ilonopttatlnl Ievenaes (tspealts) (9$3 Us) 176 (990,1!11 (1,)24,61!)
.
tocarr ftessl kfere Opp rating Transfers
and tateaetdleary [her 11,911,570 (240,1)1) II,ISO,IIf 4,111,7)2
OFL24{T1N0 TRomis (out! 11,413,111) (141,1011 (1,604,121) {,989,)631
RITRAORIt6ART [TIM - We on 6elundial - ),119,501
M4 caters (Leaf) 1,S)O,OSS 00),5401 1,116,11! 1,921,611
Ituton tAMINS (OtflCit) - Octow r 1 21,940,979 (164,121) 21,111,101 24,646,971
11"A[I1LI1 LARIIIh.I ILflICITI - September 30 $16,470,984 11 4141,6611 115,121,121 126,511,106
•u•u•u •.u•e.aN ~laN aU •N i~•.r er a•
r11• r55•
Cr"*Fomi Mail
"101gW1+11 ST6 -WNT or IIEVMT.A. ERIWO A.vO CHAMltt IM an AIMM EAMIYtot:.9 -
KO M T AND AMAL - Aft 1:4 TILAOR et 111Vkt
11M TW FISCAL I VAN LmLd 64►TS7~MEM J•, 1161
Utility System Sanitati'm..
.
Torrance 9atiMte - total
ravorame favorable
Walt Actual (yoldvorabte) wool Act wt Onfovorab10 IuAset Actual tatlowe
OELBATiMC RIVtM 9:
1lectrle Service l40,116,In 1 45,2t0.S32 $ 4,31),441 1 - 1 140,096,121 !47,129,512 8 4,1)1,641
Water servlee 4,111,113 7,108,807 1.010.1)t - 4,7",U3 5,"If 405 1,010,112
lower Service' ),067,150 6,210,182 1.121,21} - - 3,067:956 4,2400,162 (,602,212
Charges for Services - 1,676.150 I,S16,112 (too.$ M) 1,6)6,150 1 7}4,211 (100,131)
IuoAry 1),000 J;0,Ht 297.116 6,000 1,5" ).119 17,600 311,015 J41,"7
.
Total 0perattaA Meveoues 18,115,552 55,639,0)7 6,461,68) 1,680,150 1,501,6)1 MOM 50,456,102 $7,121,146 6.166,1"
_
OpEtATtMC linings,
PvccbNe power 25,1)0.911 2),121,472 11,01},u 41 - - - 25,210,1)4 11,11),752 (1,492,114)
12.)11,012)
pall ),255,511 7,6}6,510 (2,)11.01}) - - - 3,257,71s 5.62A,S34
fvrcbast of rater 1S2,5C8 1,010,541 (150,08)) - - - 851,501 1,010,591 (151,08))
setoff** sod rages 4.6)1,160 )."a,"$ 195,052 676.401 772.059 (45,65A) 1,)16.241 1,566,867 749.394
Materials sod avppUes 611,95t 689,310 128.611 221,1)5 226,911 ().m) 641,1)2 114,11t 125,621
Matatenente and repairs 1,048,162 1,229,034 UA0.612) )14.000 $29,226 055,230 1122,)62 1.)78,260 (535,600)
liepwistion 1,182,)20 2,190,141 (1,101,412) 6,096 6,244 11101 1,168,416 1,096,191 (1,201,915)
Miscellaneous 1,116,111 441,511 1,295,209 115,992 340,010 024,11A8) 1,852,160 102,648 1020.)21
.
Total Operating expenses 19,161,250 42,45S.1AO (1,491.530) 1.106,254 1021,11) (629.116) 10,360.504 64.481,130 (4,110,6461
.w..u • . u.M. . u. • ....u.... ..n• •
Operating Income (loss) 1,61 1102 11,9A3,15S ),)11.151 ,164.N6 (t1 I's 39) (414,077) •10,011,491 47,14 1616 2,641,198
(g0EM5[11: .
110MMEMTIMO 40IMOf1
letereat revenue 590,000 !12,161 )22,161 - 826 126 $",00. 912,111 321.981
Interest expense anA fiscal charges (1,275,168) (1,103,846) (621.AM) - - - (I,7110h67 11,10),4+61 a2t.MAP)
total Munopetating 4erenues
(txpenaes) (685,166) (991,665) (105,111) - 626 124 (645,066) (190.159) (304,095)
toefte (lass) Meters
Operating Transfers 11,927,116 11,191,570 1,066,2)4 4.7A ,H6 (240,111) (125,121) 9,401,911 1 1150.41/ 1,341,007
OftAATIMC T4AIS►EAS (ttvf) (3.100,422) (4,461.51)) 1,138.901 (415.211) (141,10)1 212,410 (4,217,699) (4,604,122) 1,611,311
No. lnrose (Loca) 3,124,921 /,710,051 4,405,111 69,111 (103,S40) (432,+591 3,114,133 1,146,515 1,952,382
MAIMED EA4MIMCS WiCtO - October 1 28,460.920 21.440,920 - (164,121) (344,111) - 26,576,101 21,516,800 -
September 10 $32,063•14) 1 16,470 164 ! 4.605,141 6 094,"21 0 (741.661) 0 (152:7511 131,710,161 1)7,123,3.3 1 3,4S1,302
N,HNON bHIYe~YNk YNNYN Yex NaHbYb Y,YY,YYYY Y~ YY,Y.Y,,.Y YOYN •YYYe eHeN MYN •N H1NaN
81-
-40-
~y~ ~y ~y,~~{~ yyy~ ♦ . . r .ran ry r ....r , ~ a:,. , .~e,
t11a111WNt: M611Aq:Art cti tNANtlt Rs MAVl1A3, IctVTKXa -
AM I.SnAPMME ►1?WRC
FM to )tH'At %VAM ►4tfn trl[►ANfM M. ntw
Tot al s
Tear toded
Ssslem Sanitation Seateeber 30, 1994 Uiptomber M. 191)
SOORCts or WORAIMO CAPITAL?
Operations-
Wt- Income (toss) ! 1,1!0,406 ! 063,546) 1 1,146,1166 1 1,129,6t1
Items mot requiring working capital-
Depretialioa 1,490,141 6,216 2,!96,191 1,015,126
Amortleatloa of bond discount An/ eapeoee II,ISI - 71,211 16,311
Yotfins Capital Provided by Operations 10,651,606 (111,296) 10 014.$04 6,011,912
Proceeds from ssle of revenue lands 1,000,000. .1,600,000 2,600,00026,650,)60
Contributions- -
Federal agencies IsSS,6191 - (555,619) ),661,)19
In aid o1 construction 4,$36,111 - 6,536,116 526,112
Met change to restricted assets and liabilities
payable from restricted asset 606,121 - 601,111 1,155,013
Total Sources of Working Capital 1!,941,164 1.62).106 -11-26)-966 •6).026-9
. !1
USLS Or WHIM CAPITAL-.
Acquisition of property, plant and equipment 1,269,001 120,605 1,169,601 9,516,916
Reduction of long-ten debt 2,060,000 2,060,000 12,111,192
Total uses of Working Capitol 9,1!9,001 120,605 9,659,601 61,166,116
Met Increase (Decrease) to Working Capital 1 6,$12,181 11,10!,099 1 1,116,110 5 1,110,191
ff 999999 off •f 99999 ee. •9999\ftf ff fNm NfNf•
9LLWJtT6 Or Mitt IIIC USt (tKC9tASt) 10 WOMXIM6 CAPITAL:
increase (detresse) IN rsrreat assets-
Cash and Investmeats 1 119,160 11,1)5,!65 t I,~SS,51s 1 651,101
Accounts tecelvable 6,0so.00S 19,600 6 069,605 1,1%9,161
Inventory (101,$95) 1101,195) 0314)
Ocher cs•rent assets (1)9,101) 1,16) (111,391) 566,961
6,612,569 1,16),121 1,115,191 2,566,605
(Increase) decrease In tsrrent liabilities-
Deficit pesitioo to pooled cash 253,IS2 2S3,152 t69,165)
Acrowat payable and other liabilities 911),1251 (401,401) 11,115,6261 2!1,10!
meter deposits 65),1511 - 65),1$11 911,941)
bide to other rands 1,006,611 2,611 1,016,100 12,400,2161
current portion of long-ten debt (190,000) 279.60 19,101 941,941
W
(110,1lb 136,011 24,16) ~(1,2u,1.o1
_
No t lacrosse (DecreasN to Warblog Capital 1 6,512,911 $16101,009 1 1,616,110 1~1,210,i9S
NHfmN HfamlN fHiN a4fMHf ti aNf MfMaa
3 f 5 i J Y , q` L
c 7 1 q. , G w xJ s a
:Y~' '`l F~ 1 ~5 a s; 4 ~Y n' y a c 'q k,n CITY OF DENTON. TEXAS
FOR THE FISCAL YEAR gNDING SEpTEMDER 30 1984
SUMNAAY OF INTE SERVICE FUNDS
Working Caeitsl Fug - to account for the financing of goods and services
provided by the Municipal Garage, warehouses and Machine Shop to other City
departments. Such costs are billed to the other departments at standard
labor charges and coat of parts plus 10%, Actual colts include depreciation
on the building, improvements, machinery and equipment used to provide the
service.
Motor Pool fund - to account for the purchase of City vehicles not budgeted in
other funds. These vehicle,* are then ,leased to other City departments.
Monthly charges are equAl to the vehicle cost leas salvage value divided by
expected life of vehicle.
CM4W1%T% 6414%41.58*41 All. 7A11MU1.91141r1 it Apt -
Tot it s
Vorlin/ Septrad,et lo, Septeaker 7tl,
AM capitol llueor 'set 1964 1163
C(s►. Mid Ir.eatae.4~ 1 - $ 4)1,100. s 411'"0 $ 512,630
Ilecslya►1ee - fig M
DA from a16er fasd's 261,614 226,610 491,354 2!,219
Irrehonllse inestory, at Imfer cost or eorlet' 1,05/,164 - 1,0$1,149 492,110
Prepaid 4e1r016e6 sad deposit! Y 41
2,6$1,213
Tlaed bawls" att'et •ccuoulsted depteeistlae 164,191 2,7)1.165 2,100,212
TOtA Asst. fLt9o,735 $),t1u,113 $4.529,616 63,911,454
•uaHbu
..0..4..6. 9.06.0..41 144..10100
LIASSUMS AND r M EQUITY
61411LITIM
6eficit position to p001e1 cash 51,000,660 f $!,000,660 1 5)0,409
Aeeasnts payalte sad accrued espenlrt I1S,151 - 215,1SI 121,911
Lessee p►le 41,643 572,916 619,559 440,174
Lla►Ilkpf for accrued vtcation leavt 1,210 - 2,210 7.116
Out to ether funk 21,161 - 21,111 166,666
oefrrred rerenoes - - 31,S62
total LlAi16th. 1,lf7,023 Si fig I,1}0,919 !,320,614
tQ013Ts
FM
Cuattiwuted Capitol-
From other nualeipiltiea or Iovermweatel units 210,122 2,131,630 2,411,531 2,512,960
Retained esraia6s !deficit) (12,0601 711,157 221,097
Total hod t9sity 197.662 •1,456,967 2,654,629 •2,592,960
Total Lis/illtirs and Turd t4uity 51,490,1!$ !7,01•,113 $4,$2$,616 $7,917,454
ll 6..0.44• ,1140 6.004 .40..649 a• bu41Mu
-63• -46'
n
t
qTY Of 06MTON. TIRM .
vrM.MI\IM: 3Titr kom m No %6.\i m RAM:~Q a A\b tit Nt:15 M Rl t A1V A LARq\1S '
411 M''TIJl\ V 142%k i, rl \I l\
6tMt tM . im u. MIN >.\tMll ~1.M11?NlR K low
Totals
.
Teat Cnded
Mortla6 ...................................w.
Capital Motor Peal September 50, 1164 septeotee 30, 1167
MRATIIIC RCT[MLTSI
C%Sr6el for $#twicea 6 563,076 f 117,111 fl US,N1 it,U2,9n
.
Total operating b:emws 56),071 9Y1,611 t,S35,491 1,187,111
OpOILMOC 9MOSCS:
salaries and wages !)2,317 112,39) ))5,617
katerials esd supplies (5,016 - IS,096 19,136
Italatrasere, and repairs 11,244 11,244 10,13
I•prerlatIat 34,411 802,{N 920,666 694,306
Mlsrelianeoma 24Q614 )5,511 36,412 716.149
Total Operating eapense6 646,128 911,667 1,563.015 +,775,112
170,1161 (47,5611
Operating income U.etsl 761,100) 54.984
MOINVULATIRC RL4CMUCS (C1irCMSCSI:
interest revenue 1,760 2,760 31,171
Trana(ers 1A (out) (1,160) 261,911 252,153 1516,641)
Total Monoperating Revenuer (tspenaesi 3,160) 264,17] 255,713 l4N ,s70)
llet Income (Lets) (17,0603 1)1,151 221,011 (511,431)
RCTAIMCO CARM111CS - October t 577,631
RCTAIMC/ CARMtMCS (OCfltlT) September 30 1 (97,060) f 3H,IS1 f 211,017 f -
•6 f - -6 t-
- arr for DMOK VIEW
COaI rNw, FTArutl'.V? t4 mox.Ct t% t7vAVt1U. Prv lmm -
ALL M irmAt. walks n %1K
►M TM 61%' 41. 1 U0 6%1* 0 ~112r MM6M 3a• Its6
Tot ala
year traded
Working Motor
t009tti Of tpM[INC tAptfALr Capital pool Sweatier 30, 1914 9epttmbet 30, 1991
-
0perotiees
Mel lncart Ue611 1 {92,060) ! 319,151 6 221,011 ! (S1 ),Ill)
dews not reilutr(ag working capital-
Deplecfatloa 34,491 M2,IN 920,466 694,106
Mor1.(ag Capital. provided 094) lp operations (57,5631 1,101,126 I,141,161 116,111
coatt(luttoas-
Otbet lands - ,(165,671) 116S,4fl1 321,713
Total 3oarces of Workln$ Capitol {13,5971 t,01S,191 962,373 436,518
OSt6 01' WMAINO CAMAL:
1c4tsisttion of property, plant omit etmlpeent 46,561 920,366 966,921 !119,1111
Total goof of Working Capital 46,551 920,766 966,121 (119,119}
-
Net increase (Decrease) IN worklat Copilot ! (100,111) { 115,532 ! 13,400 1 (211,.00)
111,1![111! OF NIT (NCMGlt (oCtUM) I4 1001140 CAIITAL-
Increase (decrease) to current aastts-
Cook and investments f - 6 110,130) 1 (10,110) ! 1137,460}
Accounts receivable 919 911 (1,104)
Inventory 164,614 - 164,688 }6,99)
Otker current assets 244,141 226,680 411,021 1,126
09, is 156,668 $63,90' (154,441)
(ineresfel decrease In current liabilities-
Accounts payable and ot%ot liabilities (621,464) (61,176) (661,600) 91,947
Due to otber Funds 118,105 - 118,305 (125,126)
;
{SM 151) (41 776) (550,495) 126,1517
Net Increase (Decrease) in Working Capital 1 (100,124) 1 115,532 i 15,406 / (211,300)
•«.......Y "*.....es •buu...• 0.800
-69. •y0-
wf
CITY OF DENTON, TEW S
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1484
SUWARY OF TRUST AND AGENCY FUNDS
MENDABLE TRUST FUND
Employee Insurance - to account for accumulation of resources for the payment
of employee insurance claims and insurance policies.
NONEXPENDABLE TRUST FUNDS
Denton Arts Council to account for funds appropriated for rehabilitation of
the Denton Arts complex.
Plus One Contributions - to account for the collection of citizen contributions
to a private organization to aid financially distressed utility customers.
AGENCY FUND
Payroll - to account for the collection and payment of the City's payroll and
associated liabilities.
_Ila
CITY Of HNTOK "A"
COMONSI: lnl.4%(I.toil; - AII. MIT Am MJM V ll%tA
I C* TN6. MAL 1 TAR l ADI O %jPl 11.4 M 104
Trust punda AR.`x! Iund Totals
YteperAMO "paftulI 6epteeibtr
30, 190a 6eplembee 10.A411T4 If6f
t4R~ mw le,tealerhts ! 119,464 I 441 6 R 114,ISn ! 40,111
Due frae other funds 111 ?15,1011 115,M1 5,4111,391
Trspsid erpeoses and deposits 9,591 611 - 10,1;0 17,641
T0441 Aaelte ! 219,104 6 t, loj i f15,fOb 6 466,011 6S,S06,AOf
LIAIMMI./ I" WIND LOUITT
Deficit positioa In pooled ca'n 6 1,015 I - t 91,11) f 11,051 ! M1.6%
Accounts ►ayebte 51,11) - S1,NR 110,615 161,110
Due to other funds 09 - )0,99) 11,111 6,106,505
Total Liabilities SS,091 - 175,TC0 100,;;9 5,696,469
Iund balances - undeallnated 164,115 I,10I - 145,116 9,540
Total Liabilities and pond Equity ! 1)9,106 ! 1,101 ! 115,700 ! 466,011 65,506,109
1
' _ - ~~.WitW.Q:Yt•i 4.. Leys~v, f. S.: f
cnv or DINTOK TIX"
( MM"IN 1 II41.AW F.. KHM - All W ltir.XPt-SVAfLi. TXi'CT It IN
IYM M. FWAL 1?:A11 Y.V1t1p ii.►tla1~FR W IMP
Tot N a
a
Toot tnfrf-
••e - r 30. Selteeber )0,
AIMS Orman Contilbytloot ~l t1 A4 1131
cilia "a Inrestmems ! - 1 432 ! 411 : t0,12i
Prelate eAleases Arid feposits - b)t $21 -
Total Assets ! - I t,10) ! 1,10) q 10,131
UA111,11 L3 ARA rM t0olTT
Iund bafAncea tfetie111 - undrrsl3ned 1 - ! I.101 1 1,10) S 40,121
total Liabilities and rune taaitl 1 - 3 1,10) i 1,101 1 40,121
a
-iM •11-
3 ~r
t:m Of OfNT4)el, TE11A6
tT1R %Iw. 9TATTINr,4T OF RtVFSwm t%PitCfi A%D (-Hk%f; _C IV RITkl%fb
RARViW;%_ AI.L.*ME "AW TRIMS1 itnUR
V ><!M`• f4rlf'AI. ST.Alk FlaTtill)1:f JI&U 26. 1661
Tot ai 1
Trtr W"
Wotan Arer flat oaf ` Srptnle'r 10, teftembot
_Count II COatri►aNoar IIN 1913
OnIATINC Intwits.
Donut 1006 6 - S 1,119 S 6,119 1
taterat loco" Ii it
2,690
Total Operating RreeAare 19 6,149 1,531 3,190
OntATINC tI MSt9t
tonlrl6ttan6 10,210 7,316 67,556 -
Total Operating tlpeaaes /0,210 1,)16 61 556
Opera la1 loco" (Lou) (10,1211 1,101 439,011) ),590
RITA1Nt1 "401PICS - October 1 60,121 - 10,121 36,2)1
RITAINtO tAR010GS teptetber I S - S 1,101 6 1,10) 1 40,121
.16. -11-
s
a2r o~ t>.t9Tae. TL1U►6
xMT1L61kt 112 [ N►W:1_S tr 4M~T7i AMr UAMLttN:1. 4G2At'T n"
"a 1111 "'At. 1140 LM*B wr, N wit A. toast
P41 once Am I once
Pas14r I. 19111 Affltlano LMJurlion@ !eltwet 10 19N
rATi1PU r u>fo
Man
Due Ira other funds
lS,41R,Ib ! 1,211,044 ! 6,LfL,1M 1 77 S,10A
Tate! Assets
(5,41!1,11! 1 1,112,044 1 6,424, 1" 1••775,TM
L1A1iLlTl[f
Defir U roslefon la roofed rash
! 197,965 119,096,111 119,292,1f9 t 97,212
Aceouets payable
141,1 f0 t3,S21,1110 11,275,522 ST 62!
Dw to other funds
.1.7...251 ......74 M,9q
total Liabilities 15,41!, 311 ly 0
- i
!)7,.35,915 ,S2a1 f 27 S,20A
1!
n 4n?~ tli'~~'`t' J^ 1 f; r,, J' eel ~~"•F IS ~4 4~'. i K eh " dA M n s
,wy, y tlY ~ f f '1 Y ~ R '.l 'Sy ~ f~ y { F~ ~ Y T ~ V'11.1
v{ d ~ h,4'y 4 F a ~
r ^.K . r ls- 3 r ~ i r Oo-'+ rrkr ~'t~, S~ t= Ywt^ ti
inI N ♦'~h t f H rya 4. Y, < r i~q 4 ~yy ~~yi y 45 Yviiw
CITY OF DENTON, TEXAS
SUMMARY OF UTILITY SYSTEM FUNDS
FOR THE FISCAL YEAR ENDING SEPTEMBER 30. 1984
~r.~e{,trE f~--t e~tuu~
itaY Seat - to account for the provision of atijity services to the
residents of the City. All activities necessary to provide such services
are accounted for in this Fund including, but not limited to, administra-
tion, operations, maintenance, financing and related debt service.
Water and'SeWer.Fund - to account for the provision of water and sever
derv cea to the' residents of the' City. All 'activities necessary to
provide such seirvices are accounting for in this Fund including, but
not limited to, administration, operations, maintenance, financing and
related debt service and billing and collection.
-so-
on of !atom, rt of
CMtllk LUAMCtt IRLST (1771A00IM) - ntLl?T 9T1TEt1
M TO 9lfCAL TEAR IMO barn 1/6R 10. 1996
Totals for Otlliey Systom
Ilertrle Yater End fepte"#t 30, seyta.►ee 30,
fs[fi system sever 51stem 1961 1313
Cash OW I}restmats l 2,665,101 1 667,665 1 3,101I,SS2 / 2,106,112
Ieee2v94lea feet of altsusorea for uncattectl6tu5-
Arreueta 9,121,216 - 9,621,176 4,111,66
0nwIled mtll{ty setvice 2,516,701 911,619 3,SN,136 1,41,156
Accrued Interest T6,S61 56,111 129,262 II,OS7
Other 1,279,91) S87,S96 1,967,569 1,711,016
Do from ether (on" 171,199 9, SOS 1)1,201 169,110
Iteecht"Ise inventory, it lover of cost or
market 2,291,912 - 1,!99,912 1,106,507
2fe►Iid erpemses and depo.lee 11,11% 361 1),06) 11,1)1
sertrlcted assets S,706,1)) 1,197,601 7,Iv5,110 7,011,971
TWO aunts; met of accunutated dvptecietlon l1,T9S,Q69 ..,656,026 66,15),Q1S N ,211,911
Total Assets 61,)71,1)6 3)9,3/1,693 691,fS5,179 311,71S,7k7
.61. .1l.
• t
MY Or DEIROA, TUAS
tOMSIRIAO &M AKE Mitt (UIIAUDITtp) - UTILITY STSTEM
10R TNS FISCAL mo w q sentmetit )0. 1916
Tntsls for Otllitt yvateo
Rleclrlc toter and 8ostembeeIn,4atealat1n,
UAMIttss AM 9UR0 10111TY system Fewer Fyelem _ 1986 I9A1
11AI1Lttlts:
befltiL Position it "led 466 s - 6 1 - 1 -
AtCounts payable and accrued eepensea ),9)1,620 )81,)07 4,p01,All 1,pIt,M):
Rttatnate payable - - 94,lA9
Liability tot aecroed varacioa leave I11,06t 69,608 IA6,6N 164 156
!later deposits 110,1( - 114"106 211,%51
Payable from esetrltted assets-
k trued Interest )91,)11A 159,411 652,1)9 t,011,131
Revtout Fonds payable, current 1,111,150 601,150 1,11%,1(+ 1,141,000
Due to other funds III,&" 1,16%,668 1,498,150 !,%(,491
,
Deferred reunw - - 1%,nm
Revenue bood6 payable I7,%s 7,1)1 S.IN.791 21,891,551 21,121,11t
total liabilities 19,585,116 11,191,1N Sn,9/6,A8I )1.SIf,pN
rURD EQUITYI
Ooattibuledcapital-
from other municipalities or Rovetmentat units 1),060 16,191,00n 15,00%,144 I7,560,SSq
It aid of coaatraclios 617,316 A,61S,491 9,10I,01A 6,166,041
Retalaed earoinpa-
Reserved foe bond tetlre+ent 6,118,111 510,1119 4,6PA,S11 4,4110,100
Unteserved 21,40p,6M1 1,1)5,0A) 11,661,4113 14,%40,%N
Total Fund Equity 11,1A5,94A 21,401,944 60,110.942 69,161,510
- •
Total Liabilities and Fond Equity SSp,)11,176 119,1( ,691 f91,155,029 "I'lA5,261
117- 14-
' 1
CltT OF D6WM, Tt11AS
COM6ININC ItAr[MINT OF O V11MAS, CX?90$t6 AND CNM S 10 RITAIN[D LARMIIICf (UMUDITIDI -
UTtLiTT 11SUM
m In FISCAL 9w INKO 11/18688 30, 19u
Tceala for Otifily limits
Toot KrA04
tlectrie valet sod
Svelte Lever feates pljlea►er 30, IoM Sepleaitet 30, loll
OftUTINO 1I9lIIOlI t
(leelrle tettica 165,229,312' t - '45,311,577 !33,576,165
valor aetvice - 5,108,605 S,S08,60S 3,261,306
frier service - 6,290,162 6,290,162 1,063,169
$WWII 262,1% 67,702 310,696 249,036
total Overall%$ 9eveeues 4S,Y72,366 10,166,661 $5,639,035 61,316,336
GPt9ATt11C I2PtNf[ft
htrtNOW pover 26,266,580 671,112 21,113,152 21,516,010
Net 3,620,155 6,315 5,626,530 4.412,520
Purchase of voter - 1,010,!91 1,010,591 S6l,Sft
6alarles and vases 2,213,992 1,620,616 3,644,608 1,331,617
Materials and w pplies 261,063 268,257 619,360 395,262
Malatesaact and repairs 422,660 f06,IS& 7,229,036 930,136
Depreciatleft 1,723,106 1,166,16) 2,690,161 1,082,911
Miltellsneeus 361,611 62,901 441,576 1,031,26
Tot at Operstins [spenspa 36S9,Orl 5,196,109 62,6`15,780 35,319,661
Operatin8 Into" (Lego) 8,611,245 4,369,969 12,963,255 6,0`16,6111
NOW RAI NG R[VtNUts WHOSE$):
Interest revenue 63,189 268,972 912,161 629,066
tnler►at eapenge and fiscal chsrpe. (I,HI,891) (111,961) (1,903,866) (I 912,1611
Cuntrilutieas of vehicles to rector pool - - - 121/■tM
tet*% Nosoperstins Ravenoes (tapeo el) (568,110) (662,915) (991,615) (1,300,866)
.
Income, iefere Operatins fransfego wed
tatrserdinary tees 1,06 ,SBS 1,926,915 111991,570 4,ISS,14S
OMRAfINC TtMSTtp{ (OUT) (2,006,211) (2,ASS,104) (4,66,5251 13,IS2,f m
UMOIDINA11 IM - Coin On Refuel! Inc - - 3,119,301
_
Net Ineew 6,051,1'6 1,671,661 2,5)QO35 4,092,500
8884!6[8 1ARNIM • OcloWr 1 16,017,238 2,151,691 28,960,929 14,148,61t
RtTAIN[8 9AIMINCS - 6epteowt 30 631, 63,612 !•6,31 S,3f1 136,476,9M 128,940,919
a S. . p.
df~ t~"^k ,.,y, .fnW lttp .f i ;1 rl"',' l.fLP:. eS a.,t; E: ~ .A r•• ~ j; w"b;F ~ F . i };.{~y1 ti'~t^ F1J},.iT. q
^t
Y 41 ♦ n, p n C 0 y ~ ry ~ ,a t ! i i •w "d r ai' 1 p r.~ M .f Y 7 ; 1! eA 1` t
f,~,,i a y h tlF'.e i r~v'4 ?t7 ~ r e- ~ i~' ~ xi. r.7rip ,ir t'y7 h. N 1 , ah.,,G l~ ixi t .•r r
i
:'~1•
~y~V ~yV•r T4'bla
it 1 [ , 1 ax"
f
GENERAL GON'ERNMI M EXM.NUfTURES
DY FNVMON (1)
LAST TEN FISCAL YEARS (2)
Fiscal General Public Public
Year Government Safety Works
1975 $104390620 810650,942 8 610,422
1976 118778550 119900990 146,375
1977 2,527,177 21147s257 793,084
1978 2,6191613 21658,588 1,048,611
1919 2,8820471 21936,146 11013,586
1980 2,8810977 3,610,?86 954,921
1981 30992,254 40173,188 1,017,134
1982 41348,188 4,8050245 112089589
1983 4,170,991 5,020,458 2,180,879
1984 4,794013 2 50531,882 201859622
(1) Includes General, Special Revenue, and Debt Service Funds
(2) 1975 Special Revenue Expenditures not available
(3) 1975-1982 Capital outlay also included in Departmental Totals
X81-
s r, r'1 r it I~ Ji lc r~ 141 r rY re ` ryf y..r c '+1^~'Y V,,, n+.v y y rrM1 ~
4 f6 1'T, ~r 4 -~~Mw ~'i`r 93. n i l 'C~ t ss l.tv~~~'f rs sF ~ .4 r' Ct i rs k u f r'. i i M ! i a
r e , r .y.1 "'t
Parke and capital Debt
Recreation Other Outlay (3) Service Total
$ 331,185 = 178,657 $106,953 $ 856,568 $ 5,061,394
463,460 332,308 119,851 9770613 6,3811,496
4949747 34 2, l3l 216, 211 i, 065, lO2 71369o498
666,342 586,873 3309550 114381207 9,0189245
760.328 635,704 232,697 1,401,250 9,6490655
795,601 1,102,998 586,540 1,745,016 12,354,705
936,673 1,085,118 378,642 1,9591547 13,223,974
1,137,937 1,210,497 256,346 1,884,273 1495949749
1,257,726 - 513,377 1,746,561 14,889,992
114989226 - 4369800 21392,854 17,4390520 '
.88-
tr ~Iw i J f... r4',r i m k5y4e , } ~t a i c~ M., ~JV rWj
`Table 2
' • CITY OF 09NT6N0 Tam
CENTRAL REVENUES AY SOURCE 11)
LAST TEN FISCAL YEARS {2)
Utility Inter-
Fiscal Licenses Franchise Governmental
Year, Taxes Permits Fees Revenue
1975 =2,894,163 $ 259873 9 77,119 $ 81,575
1976 3,270,939 32,509 101024 7822503
1977 3,6699146 43,645 136,931 11220,201
1978 40812,081 75,855 150,243 1,581,310
1979 5,360,427 104,281 181,114 11477,079
1980 6049,491 96,226 196,429 10791,185
1981 69992,999 82,494 232,990 1,2581829
1982 76895,579 96,943 330,694 985,405
1983 8,819,953 213,490 367,937 1,0361903
1984 10,4051911 303,725 418,680 748,101
(1) Includes General, Special Revenue, and Debt Service Funds
(2) 1975 Special Revenue Funds not 4vailable
-a9•
b C b w v L a .?y a }~~>Y I N D ~Y "f t ~ i'~a~ C'. + ~ ~
y#' b ' d Nr A zk r t"~ 'k a s N nCi J ! ! e J f r } r t~; t H
FeeI Fines
for and Interest miscellaneous
Services Forfeitures Revenue Revenue Total
39,342 =197,677 15,510 $ 84,693 $ 3,415,952
55,554 239,700 42,187 174,949 496999865
71,336 3029842 516271 1639450 51658,822
105,421 325,247 40,351 242,653 11333,161
154,689 245,444 48,535 334,641 7,906,210
163,616 224,853 151,948 298,531 8,972,879
207,385 247,140 165,635 216,508 9,403,980
186,716 397,510 153,435 365,067 10,4119349
245,808 561,214 1100189 469,270 11,824,764
494,212 616,826 267,680 642,454 13,8971589
.906
yN T) r ,,vY 6 f
ti t LF F'4 . J s a Y 'w t 1 X M
5t, +r C 7. nrM1 i N.u 9r z k. l'. ^ y 4..~ ' " 4« F,
e~v `t
r r' 1 L t! r• yi A i x m1 fix' i' ~ kar S ~ t°i r r~, . k r\ q.
7~ ~ 1.~ R„ ~'h'a 'r a a frig itt i'~~ ~t 7 4~ Y` x ri ~ .t ~ r~ •q y n Y Ir
'Tabli~3'
,r
dTY C~ DENrON, TtXl4Q
MtC+tLRTY TAX LEVIES AND C1dLLEC;n6NS
LAST TEN FOCAL YEARS
Total Current Percent Delinquent
Fiscal Tax Tax of Levy Tax
Year Levy Collection• Collection Collections
1975 =11906,698 =16813,816 95.122 $ 478913
1976 2,113,561 2,002,428 94.74 59,090
1977 294306423 21302,758 94.74 72,978
1978 3,364,606 3,130,697 93.04 43,978
1979 3,5821433 3,369,564 94.05 822999
1980 31780,389 3041,461 93.67 113,939
1981 4,359,541 4,062,04 93617 107,472
1982 4,930,971 4,746,613 96.26 137,078
1983 5,376,210 5,122,101 95.27 148,747
1984 51995,965 (1) 5,786,881 96.51 166,763
(1) Denton County Appraisal District
•91•
r n i 4 A s r ' wyy ti 1 w t g w y r N'~ r Y
'+4~ ,+A p s ! ~+y For i"
t
r
.r
Total Outstanding
Collections Delinquent
Total as a Percent Outstanding Texas as a
Tax of Current Delinquent Petnent of
Collections Levy Taxes Current Le
X1,861,729 97.642 $ 301,427 15.812
21061,518 97.54 3360675 15.93
2,375,736 97.74 3670063 15.10
3,1740675 94.35 497,345 14.78
31452,563 96.37 427,221 11,93
3,655,400 96.69 504,633 1335
4,1690515 95.64 5850785 13643
4,883.691 99.04 723,596; 14x67
5,270,848 98.04 1,065,234 19.81
5,953,644 99.29 1,2690189 21.17
•92-
Yl 1 s, r yr s w ive k n 1rr m
e
+ A~ Y * t~ f i ' F y t' xt ( 9 5 rill{ s 1 Yr( kk M ~'4 1 i +A + xio '4r d~itC u + 4lw « 4Ii a 9,1 R p L
4r^..x t i " + y S~°Y
, Or
' ~ Table 4
GTY OF MTom$ TIt)IA8
ASSE.OW AND ESTIMATED ACTUAL VALUE OF
TA)CAIiLE PROPERTY
LAST TEN FISCAL YEARS
Real Property Personal Property
Estimated Estimated
Fiscal Assessed Acru:l Assessed Actual
Year Value Value Value Value
1975 1 890883,677 $14998061128 $ 22,275,049 $ 37,125,081
1976 95,735,078 159,558,463 28,592,085 47,653,415
1977 989863,846 164,773,076 37,616,779 62,794,631
1978 213s135,760 355,226,266 58,203,469 97,005,781
1979. 221,300,472 368,834,120 67,602, 230 112,670,383
1980 229,022,620 381,704,366 75,921,060 176,5358100
1981 246,205,748 410,342,080 91,743,693 152s906,154
1982 450,732,259 450,732,259 212,7041829 212,704,829
1983 831,397,479 831,3971479 218,549,070 218,549,070
1984 (1) 893,631,668 89316319668 226,2520045 226,252,045
1.1) Denton County Appraisal District
•93-
i m ...IQ Y'1G dYf.. ro~ a One ' ~y +,a iota Vii,. k~.a 4.,4"i~~ a
Y,K
spy + ~
r r r . >
ztl
Total Ratio of
Estiwted Total Assessed to
Aasesied Actual Total Estimated
Value Value Actual
= 112,158,726 = 186,931,209 40%
124,327,163 207,211,938 40
136,S40,625 227,567,707 40
271,339,229 452,232,047 60
288a902,702 481004,503 60
304,943,680 508,239,466 60
337,948,941 563,248,235 60
663,437,088 663,437,088 100
11049,946,549 1,049,946,549 100
1,127,S86,551 1,127,586,551 100
.qa.
q. -0Y 4~ 1 y q , t~ i4} •w~b~"F-f. y.a xryl~~,~.
pp f ¢M
II.
~,9~iA . .xl' ~ r'' Y s rt ~jp id 1 ~ ~ r :k~l 11 . y ~i e ' ♦ Pil~3'J i,k cF Sr•~ 4 Y~.'t. u ~%A .yF w., Y ~ U C
tif..
~ Tt.M1 [ .~Y l n'; 1 I n AM 1 Y ~ V ~ ~4.,.Y ~ ♦I~i ^ F til
; `l~ab'li 55
.
CITY 0~ 004TONO T"",
PROPERTY TAX RATES AND TAX LEVIES
ALL OVERLAPPING GOVERNNMNTS
LAST TEN FISCAL YEARS
TAX RATES (E'er $100 of assessed valuation)
Fiscal School
Year AU- District count state Total
1975 1.70 2.05 .9500 .17 4.87
1970 1.70 2.00 .9500 .12 4.77
1977 1.70 2.00 .9500 .12 4677
1978 1178 1157 16700 .10 4.12
1979 1.24 1.57 66700 .10 3.58
1980 1.24 1.68 .6700 .00 3.59
1981 1.29 1125 .7700 .00 3.31
1982 0.774 1.22 .2370 100 2.23
1983 0.510 0.73 .1665 100 1.41
1984 0.560 0.81 .2120 100 1.58
The tax rate decreased in fiacal year 1982 pursuant to an increase in
assessed valuation from 60% to 100% of estimated actual value of all
taxable property.
TAX LEVIES
Fiscal School
Year city District County State Total
1975 '#1,906,698 841045,856 $1,976,024 $249,627 8 811781205
1976 20113,561 4,413,466 2,138,563 270,134 80935,724
1977 2,4301423 5,109,467 2,472,859 369,083 10,381,832
1978 31364,606 5,387,253 2,8449058 424,486 12,020,403
1979 395x2,433 5,994,871 3,441,592 516,655 131555,551
1980 3,780,389 70497,667 39985,872 -0- 151264,128
1981 4,359,541 8,373,633 5,463,606 -0- 18,146,800
1987 4*9300971 8,736,514 6,8461688 4- 20,5141113
1983 5,376,210 81847,258 90012,148 0.0- 231236,216
1964 519951965 909360)68 901170685 -00 23,0300418
-95-
a J, ~ rrr51. u~'I r S 1. E ~y~ d y r v ,,-t{{. ° ,r, ~rP 5 'r. 5 41 a } h ? 1~4 ~ 1 'si ' ~ti • s
a ~ y :.w i" ~ t*tx' M ^!r ielr i~ rb,x F t r a": n: GL 1a xc4ti~A{ 4 ~1 t~'! i
{ k ! P i F1 t ~P { ~ , S Y a 11 n an
t3 T
i
CITY OF WNT* Tom
SPECIALASSESSMENT COLLECTIONS '
LAST TEN FISCAL YEARS
Total
Outstanding
Current Current Ratio of Current and
Fiscal Assessments Assessment$ Collections to Delinquent
lean Due Collected Amount Due Assessment*
1975 $ - $ - - 2 =134,636
1976 .92,993 930945 48.7 2221104
1977 195,115 1049445 53.5 271,285
1978 - - - 216,504
1979 - _ _ 179,$34
1480 157,347
1981 - - - 145,389
1982 - - - 1379899
1983 - - - 137,399
1984 549,992 301,005 55.8 375,249
96-
a $ +h.G, ~°iZr w ~ ~ if ~ r tit v i `r a ar Yid q S `}~f nS~' ! ~ " +ryKY ~'t £a ~1~
1 5 N";
a w't i r r o 4 '~,i yt ~x s+p vt 4~ ik v + a r ~ i ~ I Jq 5 ~ f d~~{;v ~ An ~a
Table i.
RATIO OF NET GENERAL BONDED DEBT
TO ASSESSED VALUE AND NET BONDED DEBT PER CAPITA
LAST TEN F15CAL YEARS
Assessed Grose
Fiscal Value Bonded
Year Population (in thousands) Debt
1975 43,700 $ 102,223 $ 861650000
1976 460800 112.151 7,695,000
1977 47,900 124,327 9,585,000
1978 51,500 136,541 12,024,000
1979 53,900 2719339 11,533,934
1980 48,063 288,903 15,2150101
1981 49,800 3040944 15,364,488
1982 51,350 663,437 (1) 14,247,000
1983 52,000 1,049,94 160817,500
1984 53,600 (2) 1,127,587 15,552,750
(1) Assessed value increased due to an increase in assessed valuation
from 60% to 100% of estimated actual value of taxable property
(2) North Texas Council of Governments
i
Ark y1'"4rT;' Yx s'Z'#i'9d'hS`r`"a t a) fr~r n v + 8 3y y,J,. 6r-
a r ~ 4 e~l,~i4. } V k`~e ~ it A ti: r r~9 [n G t i~°~,4 h/ k +P a ]kk ~ ~ 5 Nd Y
p s. i e r' a 4 [ I :1 'r L f3'"~` S i )w F "~t y P{ f'
r
t`
Less Ratio c~ Net Net
Debt Net Bonded Debt Bonded
Service Bonded To Assessed Debt per
_ Funds DDeeb_t~ Value capita
:103,482 $ 8,061,518 80472 $185
1180410 7,576,590 7.41 173
280,438 9,304,562 8.30 199
167,517 11,856,483 9.54 248
4,868 1L,529,066 8,44 224
18062 15,197,039 5,60 282
23,030 15041,458 5.31 319
30,831 14,216,169 2.14 285
34,049 16,783,451 1159 323
91,263 154461,485 1.37 288
.98r
r t i + rids x,t ' p i= ~y9 & :1 " wr s ~y `t~. '~r `b T e7lb
7; e' r L 7~ a r > ,A o'K4v v rr a t h ~ Y~. tr ~trt~a .~iti c, t Cdr' a~ , » r~` <><a,'~ +e . t
i r w f ~ -.,C~. x!44; < dto ar F n T ' r' ~~al~'tiry 1 ~4
F r 'f ~ y r~vp a :r
or
crrv OR CWWTOWS Tt3Ut!
COMPUTATION 0'r LEGAL btBir MARGIN
SEPTEMEER A 144
Net Assessed Value s1,12,586,SS1
Plus Exempt Property Total % 755s935
Total Assessed Value :111880421486
Debt limit - No debt limit is mandated
by law but the City does recognize
six percent is an economic limitation $ 711300,549
Amount of debt applicable to debt limit
Total general obligation bonded debt $14,710,000
Certificates of obligation 7800000
Other debt 62,750 15,552,750
Lease. Mount in debt service fund available for
payment of principal 91s265
Total Amount of Debt Applicable
to Debt Limit L5s644,015
Legal Debt Margin $ 55j839s064
•99.
r
q veyM'f5 ,1., N^fiS~k: +Y b R4 + i,.o. Y drrti E w" iKl ( W l i• 4 y' f a 4~;.
bb p~ ~ r t 's r r .r G~ r. y _ ~ -0 J i r~' s- wW y 4 yy Y ) ~-i
'v W , W G r,. a.
" K• A b o 0
~u 1'afi le 9
CITY OF DENTON, TEXAS
C0MPU'E'AT10N OF DIRECT AND OYSRLAPPLk DEBT
SEPTEMBER 3011"4
Percentage Amount
Net Debt Applicable to the Applicable to
Jurisdiction OutstAndial City of Denton (1) City of Denton
City of Denton =15,5529750 100.01 s15,55Y,750
Denton
Independent
School
District 22,720,000 9011 20x470,720
Denton County 908359000 26.2 2,576,770
=38,600,240
(1) The "Percentage Applicable to the City of Denton" is based on the
relative assessed values within the City of Denton,
•100•
vy w T, e •4.°; c y~.4 fug eo' Yr r. .
r.
Table 10
CITY OF DENTON, TEXAS
RATIO OF ANNUAL DEBT SERVICE EXPENDIT'LIM FOR
GENERAL BONDED DEBT TO TOTAL. GENERAL EXPENDITURES (1)
LAST TEN FISCAL YEARS (2)
Ratio of
Total Debt Service
Fiscal Debt Total Expenditures
Year PrfnciLsl Interest Service Expenditures (percent)
1975 4709000 3850986 8558986 5,067,394 16.89%
1976 610;000 367,208 977,208 6,388,496 15.30
1977 561,000 503,411 L,Ob4,411 7,369,498 14.44
1978 658,342 5991088 1,257j430 9,018,245 13.94
1979 818,833 $63,226 113820059 9,649,855 14.32
1980 845,613 898,092 1,743,705 12,3541705 14.11
1981 L,1170488 159,235 10876;723 131223,974 14.19
1982 1,123,750 759,236 1,882,986 141594,749 12.90
1983 1,047,750 b98,811 1,746,561 14,8699992 11.72
1984 1,2641750 11128,108 2,392,858 17,439,520 13.72
(1) Includes General, Special Revenue and Debt Service
(2) 1975 Special Revenue Amounts not available
•101-
,r MV ~r 'I t. , Nb ,,+n + , yea s u N3 ,'a 1{ f '+s* r ' :::4 R - . to .t~ o ? a 'j n r r ~ 1 ^~s'
r
Tabli 11
' CITY OF DENTON, TEXAS
REVENUE BOND DEBT SERVICE COVERAGE
LAST TEN FISCAL YEARS
Direct Net Revenue
Fiscal Operating Operating Available for
Year Revenue Expenses Debt Service
Utility System 1975 $11,650,148 S 71602,996 $49047,152
1976 159993,722 11,032,146 4,961,576
1977 20,515,761 14,377,220 6,138,541
1978 22,512,120 15,571,996 6,940,124
1979 22,875,745 15,866,971 7,008,774
1980 2527160209 20,634,620 4,918,411
1981 3006670378 25,084,412 5,582,966
1982 37,568,915 30,729,685 69839,230
1983 41,376,356 33,236,669 8,1390687
1984 55, 639, 035 42,655,780 12,983t 255
-102•
i
4 r r~ ~ a G.: .,y.. r " c y..,,.f~.-.M ~F : _ 3'~t Rc m err,.,. r• i" i". a 1 ¢ p',r r i i,~ ,..,.cY .4 ,,i ~ Ji 'v-.?'.:
,
_ Debt Servica Requirements
Principal Interest Total Cove m*
=1,2019000 =11251,555 =2,452,555 1.65
19275,000 1,215,035 2s490,035 1.99
1, 35 2, 000 1,156, 840 2,508m848 2.45
1, 399, 000 1,123,069 2, 522, 069 2.75
1,033,417 ls561,258 2,594,615 2.70
1 j 239, 3 24 193569575 2s 795, 899 1.76
1,314,503 Is531s7S5 2,846,258 1196
It 2989459 1, 54 2,153 2s 840s 612 2.41
1,540,000 19073,531 21613,531 3.11
2,060,000 2,336,712 4,3960712 2.95
-103•
dx } { n .W..~f jai ,+i 6 [Y 5 r E F Tr_ k„ 1°,t Y~1
' 1 1 h i~. A Y,'.
CITY OF DENTON, TEXAS
PROPERTY VALUE, CONSTRUCTION AND SANK DEPOSITS
LAST TEN FISCAL YEARS
Commercial Construction (1)
Property
Fiscal Value Number
Year (in thousands) of unite Value
1975 = 186,931 107 f310,704,1SS
1976 207,212 146 4,4 24,669
1977 227,567 178 6,1191557
1978 452, 232 127 131702,533
1979 481,505 166 42,573,707
1980 508,239 290 18,429,869
1981 563,248 202 27, 573,7S9
1982 663,437 210 11,846,452
1983 1,049,946 221 74,777,113
1984 1,127,587 291 81,264,078
(1) City of Denton Community Services Department Estimate
(2) City of Denton Chamber of Commerce Estimate
•104•
t
7 S Y Sr
r x Sw 4 r =t1 AIY'lit + 1 f
i3 .i awn *+,Rti Te_ $`1" V .y rvq x ,t !N ;V.S 1Y" 11 71
t rXt.+ 4 t} n t
Residential Construction (1) sank (2)
Humber
of Deposits.
Unite V_ aloe _ (in thousands)
337 = 7,594,979 :140,748
402 7,7171665 167,806
344 6,308,049 175,006
574 180621,741 198,905
1105 28,982,739 207,085
460 17,024,635 228,813
342 12, 963, 987 254, 567
683 269214,973 289,979
233 26,386,660 368,005
564 49,273,898 385,000
•105-
cif r ~ .y ~a °'r 1y.;~ win:1 ,ti w MBA X i i.•1 n ~'?"M1T SrN~e.a anp' ~-r N F c~6z re T
i
Table 13
t CITY OF DENTON, TEXAS
PRINCIPAL TAXPAYERS
SEPTE.IISER 30. 19U
Percentage
1984 of total
(1) Assessed Assessed
Name of Taxpayer _Kind of Property Valuation Valuation
General Telephone Co.
of the Southwest Telephone Utility $ 330793,891 3.00%
Peterbiit Motors Co. Truck Manufacturer 22,091,623 1.96
Victor Equipment Welding Equipment
Company 14l$36,242 1.29
Paccar Inc. Parent Company of
Peterbilt Motors 11,852,227 1105
Denton Mall Co. Shopping Center 1005210507 .93
Andrew Corp. Electronic Equipment
Manufacturer 10,224,512 .91
First State Bank Bank 9,190,426 .82
lot Denton Nat'l Bank Bank 7,218,019 .64
Westgate Hospital 6
Medical Center Hospital 4,700,676 .42
Moore Business Forms Business Form Mfg. 4,598,936 .41
a =128728,0.59 i1.43x
(1) Denton County Appraisal District
•106•
rf:`
d rL E f r r_ r i v r" r ua ro Y i r i X x _a e k t+ 1 ,4 e~. v.~ y~ ]r S`ri i ry.r y ~ w4 e n r$
i
n u, fa ~ f Y .~r ~4ri j,c v Yr 5 '.S ! e~.
r
Table' 14
+ r;
y CITY Of DEWON, TIM"
INSURANCE IN FORCE
SMEMBER 30.1964
Expiration
Insurance Company Premium Policy No. Date
The City of Denton is self-insured for the first $50,000 of any loss to
maximum of $3251000 combined losses# Losses above $30,000 per occurance or
$325,000 total are covered by various insurance companies including:
Lloyds of London $33,000 09-30-84
Protective National 17,500 09-30-84
Century Indemnity 313108 09-30-84
Fireman's Fund 70500 09-30-84
Appalacian Insurance 200000 09-30.84
Cartwright - Boston 53,101 b9 9001 01-01-86
Hartford Insurance Co. 491 46511232469 01-15-8S
Atlantic Insurance Co. 30 903888 12-31-84
-107•
A. d fir- 1' s v .n i ~1,r !
1, l r n
,`i` I 1s
M .i.
Amount Or
Coverall+-, _ _ Limit
Ambulance - professional liability 32U60OU3000
Auto Liability
General Liability at Airport
Police Professional Liability
Public Officials Liability - Airport
Public Officials Liability - Utilities
Public Officials - Others
Public Liability - General
Comprehensive glass policy - Library Total loss
Comprehensive glass policy - City Hall
Workers Compensation Statutory Limits
Faithful performance bond--Tax Assessor $10,000
utility accounts receivable - $2,130,000
destruction of records
Fire and extended coverage on utility systems, :50,500,000
buildings and contents, and newly acquired
buildings and their contents
Faithful performance bond; City Mt nager $100,000
Director of Finance $1000000
Assistant City Manager $1000000
Each Employee $2,500
Each cashier $1,500
Robbery inside premises 350,000
Robbery outside premises $1,500
General boiler and machinery $10,0000000
Croup Accident, sickness and life coverage
on Police Reserve
Diesel fuel Bond $36000
•l0e•
l~? y~ f° 5} f c §rs jS~Y .~'i 11N! s 7 At ..Yn1 A %
F l +u r
.t i #r
Table 15
r CITY OF DSl1TON. Time
DEMOGRAPHIC STATISTICS
LAST TEN FISCAL YEARS
Per
Fiscal Capita Median
Year Population Income (4) Age (1)
1975 43s70d 5,536 24.1
1976 46.803 6,272 24.3
1977 47,900 7,064 24.5
1978 518500 71008 240
1979 53,963 7,247 24.8
1980 48,063 7,300 (1) 24.9
1981 49,800 7,390 (1) 25.1
1982 5ls350 7,500 (1) 25.3
1983 52,000 11800 (1) 25.5
1984 53,600 (5) 8,040 (1) 25.8
(1) Planning and Community Development Department's Estimate
(2) Denton Independent School District
(3) Taxes Employment Commission
(4) Other Sources Include Census and Commerce Dept.
(5) North Texas Council of Coverneknts
-109-
a
d «t aJ YH141+°6PML
4 r r w ~ ~ R'd'nb~ Z'. ~n '~w n 1 ~.e r ii~ .n r %~J k Y~9 A c rr i •,r,,1 E:'
1
Education
Level In
Years of School Unemployment
Schooling (1) Enrollment (2) Rate (3) _
14.2 81199 6.1
14.5 81170 5.4
14.7 7,960 4.4
14.8 80000 3.8
1510 81035 3.4
15.3 8s241 3.4
1565 8,200 4.3
15.8 8,365 5.8
1518 8,481 618
1518 8,914 3.6
X110•
.
iS`~s,RP5 ~ ;b x.in?+~r 'a.~r fi'+: L' .y, ~ H a ~ a,w..t. s J ey4.a r .ys
t tC ~
Table 16,
CITY Of DENTOM, TExA$'
MISCELLANEOUS STATISTICAL DATA
SEPTEMBER 30, 1961
Form of Government Council-Manager
Area 42.2 square miles
Date of Incorporation September 26, 1866
Miles of Streets 220 miles
Number of Street Lights 3,887
Fire Protection:
Number of station 4
Number of firemen and officers 97
(exclusive of volunteer firemso)
Police Protection-,
Number of stations 1
Number of policemen and officers 75
t
Municipal Electric Department:
Number of consumers 25,200
Electric production 615,911,600 KITH/year
Average Daily consumption 11687,400 KNH
Miles of electric line 307 miles
Municipal Water Depertma„m:
Number of consumers 150500
Average daily production 10,387,000 gallons
Average Daily Consumption 8,828,000 gallons
miles of water main 300 miles
Sewers:
Sanitary sewers 275 miles
Storm sewers (1)
Building Permits Issued 1,271
Recreation and Culture:
Number of parks 13 with 600 acres
Number of libraries 1
Number of volumes 93,000 (approx.)
Employeass
Exempt lie
Non-exeapt 582
TOTAL 700
(1) Not Available
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