Laserfiche WebLink
CASH BALANCE - JULY 1, 1948 1969210.36 <br />ADD: RECEIPTS 204018,902.79 <br />2,600,1 13.15 <br />LESS: DISBURSEMENTS 1 <br />CASH BALANCE — JUNE 309 1949 825,081.21 <br />LESS: WATER IMPROVEMENT FUNDS <br />OPERATING CASH BALANCE - JUNE 30, 1949 $ 32.39,016.30 <br />THE TREASURER AND THE SECRETARY SUBMITTED THEIR ANNUAL REPORT OF THE <br />SINKING FUND COMMISSION FOR THE FISCAL YEAR ENDED JUNE 30, 1949. ON MOTION <br />THIS REPORT WAS ORDERED COPIED IN THE MINUTES OF THIS MEETING. <br />JULY 23, 1949 <br />TO THE MEMBERS OF THE COUNCIL <br />CITY OF CHARLOTTESVILLE, VIRGINIA <br />40 GENTLEMEN: <br />WE SUBMIT HEREWITH STATEMEpTS COVERING THE OPERATION <br />AND CONDITION OF THE SINKING UND COMMISSION FOR THE <br />FISCAL YEAR ENDED JUNE 309 1949. <br />THE INTEREST EARNED ON SECURITIES DURING THE FISCAL <br />O PERIOD AMOUNTED TO $199932.50. <br />�n <br />THE SURPLUS IN THE SINKING FUND AT THE END OF THE <br />C4 <br />FISCAL PERIOD AMOUNTED TO $939779.28. WITHIN THE NEXT <br />FEW YEARS THIS SURPLUS WILL ENABLE THE CITY TO DISCONTINUE <br />THEIR APPROPRIATIONS TO THE SINKING FUND, HOWEVER, NO CHANGE <br />S RECOMMENDED AT THIS TIME. <br />RESPECTFULLY SUBMITTED, <br />SINKING FUND COMMISSION <br />RNEaT L. PLUG 1 GuEp j <br />M-,-,.M..F E N C E (,yS- I <br />THE SINKING FUND COMMLSSION <br />GENERAL STATEMENT FOR FISCAL YEAR ENDED, <br />JUNE 300.1949 <br />SINKING FUND AS OF JULY 19 1948 . . . . . . . . . . . . . . .$5639305.59 <br />INCREMENT: <br />INTEREST ON SECURITIES . . . . . . . . . $192932.50 <br />ANNUAL APPROPRIATIONS .. . . . . .. . . . 11 , 631. 07 <br />PROFIT SALE SECURITIES ... 105, Q <br />TOTAL INCREMENT ... . . . . .31,668.57 <br />• LESS: DISBURSEMENTS <br />ACCRUED INTEREST . . . . . . . . . <br />. . . 479.80 <br />BOX RENT, ETC. . . . . . . . . . . <br />TOTAL DISBURSEMENTS . . . . . . . . . <br />. . . 54.24 <br />. . . 534.04 <br />NET INCREMENT FOR FISCAL YEAR <br />0 <br />31m.134.53 <br />$594,440.12 <br />LESS: CITY OF CHARLOTTESVILLE NEW <br />RESERVOIR BONDS DUE 9/1/48 . . . <br />SINKING FUND JUNE 30, 1949 <br />. . . . . . . <br />. . . <br />340000,00 <br />AS OF . . <br />. . . .. . . . <br />. . . <br />560 .12 <br />STATEMENT OF SINKING FUND <br />SECURI IES AT <br />JUNE 3 1�9 499 <br />AMOUNT <br />U. S. GOVERNMENT <br />DESCR <br />BOOK <br />INTEREST <br />1 PT ION COST <br />VALUE <br />MATURITY <br />RATE <br />$10,000.00 <br />U. S. <br />DEFENSE BONDS, SERIES "G" 109000.00 <br />109000.00 <br />8-1-54 <br />22%o <br />109000.00 <br />U. S. <br />DEFENSE BONDS, SERIES "G" 10,000.00 <br />109000.009-1-54 <br />2 <br />179000.00 <br />U. S. <br />DEFENSE BONDS, SERIES "G" 172000.00 <br />17,000.00 <br />10-1-54 <br />211, <br />159000.00 <br />U. S. <br />DEFENSE BONDS, SERIES "G" 159000.00 <br />15,000.00 <br />11-1-54 <br />22� <br />439500.00 <br />U. S. <br />DEFENSE BONDS, SERIES "G" 43,500.00 <br />439500.00 <br />2-1-55 <br />21 <br />