|
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />"""
<br />
<br />
<br />
<br />"JlrT~;
<br />!'a~6-TmlRS., OCT. 11,_:
<br />
<br />REPORT OF EXAMINATION
<br />CITY OF SAN MARCOS, TEXAS
<br />FISCAL YEAR:li:NDlNG MARCH 31, 1962
<br />
<br />To the Honorable Mayor and Commissioners
<br />City of San Marcos, Texas ,
<br />Gen"tIE!llll!It:
<br />
<br />In accorda'nce with your request, we h&ve made an examination
<br />of the records and accounts of the City of San Marcos, Texas, for
<br />,the fiscal year ended March 31, 1962, and submit the following
<br />comments relative to such examination.
<br />CASH FUNDS
<br />
<br />.Recorded cash receipts were verified by reference to ,duplica~
<br />receipts, on file issued by the citYJ and were traced to deposits- shown-
<br />on bank statements submitted.
<br />Recorded cash disbursements were verified by examination, of
<br />cancelled checks, properly supported by invoices and voucherst" and
<br />approval recorded in the minutes of the' city council. . ' '.
<br />Cash on hand was verified by count. Cash on deposit was ver{-"'~
<br />fled by reconcilement of the balances shown herein with eertifi-.,
<br />cate received direct from the city's depository.
<br />Statements setting forth by funds the source of the recorded
<br />cash receipts and the nature of the recorded cash disburs~men'l:e
<br />during the year under review follow this letter.
<br />YEAREI';DED
<br />RECORDED CASH RECEIPTS 3..:11-62
<br />Tax Collections._oooo___oooooo.oo_oo_.__._.__._"__..__._n___.$208,874. 78
<br />Water and Sewer Receipts ___"00__00_._...00:..._.'_.-'--___._ 251,585.66
<br />~j~~its_~~.~~i""~""S=:::::~~:~::=::::=~::~~::~=::~~::~: ~,~n:~
<br />Parking Meter CoIlections ._.___.___...____..._....__ 13,612.64
<br />
<br />!i~!ijf}~~i~~!~~~:~~~~~~~~~~~~~~~~; . ~m::fi
<br />
<br />Collections for Lots and Grave Spaces.___.._oo_._..___.__.._ 12,505.1:\0
<br />Transfer from San Marcos Cemetery Organization_____.. 11,6415.00
<br />Other Receipts___.___oo_____.______..,___..._._____oo.oo.____.______._. 48,182.47'
<br />" -----i-
<br />TOTAL. RECEIPT!> ._________....._...00_.._..____...._$702,795.25
<br />
<br />ll.ECORDED CASH DISBURSEMENTS
<br />
<br />~~~~~~A~!i~~~s!:~i~,:~:=::::::::===:::==:=====::-~2~U~:\g
<br />Water and Sewer DepartmenL.___oo____".____...._______. 139,373.46
<br />Water and Sewer Construction _m___m____m______________ 15,326.31
<br />~i~?O~~~~i0a~a;;ap~~~i8.=:::::::::=-====:=~::=--= ig:g~~:~
<br />Retirement Payments "___.___oo""_.___oo._.___.__.___..__.._____~:.. 14,201.71
<br />Refund of Gov't Assistance-Civil Delense.__"""oo___oo_._. 840JJO
<br />Utility Plant Relocation in Progress...____.oo..oo___.._.___._..oo... 30,038.13
<br />Purchase of Investments-Cemetery Fund._.oooo._oo.__.. 36,400.88
<br />Cemetery Maintenance _______._______,______m__.___~__"'-________ 44.50'
<br />Bond Principal and Interest Payments.,______..__..____ 113,426,64
<br />TOTAL DlSBURSEMENTS _._____.___..00$667,919.06
<br />RECEIPTS OVER DlSBURSEMENTS..._"___._.______.___._____$ 34,876.19
<br />CASH BALANCE, BEGINNING ____..._____oo__h_._.___...._..____. 7hQ1l4.93
<br />CASH BALANCE, ENDING__mm..___.__..___"__.__._____,.._.____$I08,801.12
<br />
<br />SUMMARY - CASH BALANCE, ENDING
<br />
<br />~a~~~a~:du'S";,;e;--p;;p;;rtme:nt::::=:::::::=:=::==:=-:-~$ 2~:~~~:~~
<br />Interest and Sinking Funds and Reserve .Fund_.___.____ 40,016.73
<br />
<br />~~!st~{!t~i~~.:::~:~~~~~=;;~~~~~~~ t~U~U
<br />
<br />Utility Relocation Fund .......__._____...._m..._...h..--...___ 17,411.07
<br />Special Account-Manufacturers Hanover Trust Co._____ 3,000.00
<br />Cemetery Maintenance Fund ....___m......___......_...______.oom_.___ 1.304.12
<br />Cemetery Perpetual Care Trust Fuml_..___...c.___________ 5,986,60
<br />
<br />$10$:801.12
<br />
<br />CONCLUSION.
<br />
<br />In our opinion, the city-'s ,recorded cash _ receipts _have:been
<br />properly accounted for and, deposited, arid the recorded cash dis..
<br />bursements have been satisfa'ctorily supported during the year _ re-
<br />viewed in ,this examination.
<br />
<br />We appreciate the courtesies and assistance extel1.ded our r
<br />resentatives' during ,the course of our examinatitm, and shou14
<br />further information relative to this - report be desired. we shall
<br />glad to be of assis.tance~
<br />
<br />Yours very truly,
<br />/si John L. Surber & Company
<br />Certified PublicAecountlmlll
<br />
|