WEDNESDAY. JUNE 22, ItSt
MEDFORD, MAIL TRIBUNE, MEDFORD, ORE.
B .3
Actual Expenditures
JSS7-8I
STREET DIVISION (Centlnued)
14,434.49
3,742.33
$ 36,490.02
$195,874.38
usi-ti
f 17,242.19
$ 22,076.98
$163,993.53
Budget
1IIM9
$ 64,501.00
$ 80,301.00
$283,226.00
Object Item
ImprovemenU - Other Than Bldg.
Improvement! Bldg.
ToUl Capital Improvement
GRAND TOTAL
67,270.00
..$ 87,270.00
..$286,119.00
FUND ACCOUNTING:
Estimated Balance July 1, 1960
Estimated 1960-61 Receipts:
Stat Highway Department ...
Current Servicei ...........
Transfers ..
$ 14,350.00
$180,155.00
15,050.00
8,764.00
203,969.00
Total Estimated Funds Available 196041
Property Tax Levy ,...,
LIBRARY MAINTENANCE FUND.
LIBRARY DEPARTMENT
$288,319.00
None
$ 4,980.00
514.00
2,000.00
' 9,208.11
7,235.75
2,305.00
1,646.40
1,651.35
. 1,905.00
1,766.03
$ 33,211.64
$ 2,877.47
6,195.20
1,306.27
150.00
$ 10,528.94
$
989.01
9,485.57
$ 10,474.58
$ 94,215.16
$ 8,400.00
4,045.20
2,275.75
10,111.56
9,090.88
2,812.00
1,680.00
1,523.55
586.48
2,094.80
$ 39,620.22
$ 2,642.38
8,766.20
2,481.62
113.05
$ 14,003.25
$ 1,164.89
9,821.28
$ 10,986.17
$ 64,609.64
$ 6,000.00
7,140.00
5,180.00
10,620.00
10,860.00
4,216.00
1,710.00
1,500.00
500.00
2,875.00
$ 50,601.00
$ 2,600.00
27,740.00
1,000.00
150.00
$ 31,490.00
$ 1,350.00
9,540.00
$ 10,890.00
$ 92,981.00
PERSONAL SERVICES:
Head Librarian (1) $ 8,960.00
Senior Librarian (1) .. 8,920.00
Librarian (1) 4.800.00
Principal Clerk (3) 11,520.00
Clerk Typlit II (4) 11,700.00
13,638.00
1,800.00
2,624.00
3,720.00
Clerk Typist I (6) .
custodian (i)
Student Worker
Temporary Employee
Retirement, Ins. & Soc. Sec.
Total Personal Services $ 62,282.00
OPERATION AND MAINTENANCE:
Commodities $ 2,500.00
Contractual Services 30,414.00
Repair and Maintenance - Bldg 800.00
Repair and Malntenanct - Equipment 150.00
Contingency
Total Operation and Maintenance ........$ 33,864.00
CAPITAL IMPROVEMENTS:
Equipment $ 2,577.00
Books Ic Periodicals 10,981.00
Total Capital Improvements $ 13,558.00
GRAND TOTAL .... $109,704.00
FUND ACCOUNTING & PROPERTY TAX LEVY COMPUTATION:
Total Estimated Expenditures $109,704.00
Less: Estimated Balance July 1, 1960 $ 1,001.00
Estimated non-tax revenue 101,521.00 102,522.00
Amount necessary to balance budget - .....
Tax Levy Outside 6 Limitation:
(Allowable 1960-61 Levy $ 8,000.00)
(Less: 1960-61 Dellnq. Ic Disc. . 818.00)
(Estimated 1960-61 Receipts .,....$ 7,182.00)
PARK AND SWIMMING POOL FUNDi
PARK AND RECREATION DEPARTMENT
$ 7,182.00
4,680.00
7,337.10
4,680.00
7,560.00
$ 890.00 $ 540.00 $ 7,080.00
l.UOU.UU
5,040.00
3,960.00
3,960.00
11,685.00
1,290.00
8,194.00
1,350.00
3,600.00
1,200.00
1,620.00
6,224.13 7,602.34
1,568.00
2,674.63
1,151.68
1,043.69
1,353.64
1,207.03
1,758.77
3,084.22
1,164.38
1,184.22
503.65
1,505.04
8.896.00
PCRRONAT, SERVICES:
Park 6c Recreation Director (1) $ 7,680.00
Clerk Steno (23) 2,100.00
Park Maint. Supervisor (1) 5,640.00
Park Utility (1) 4,680.00
Park Gardener (1) .... ..- 4,440.00
Park Laborer (4 at 270-390) 15,240.00
Recreation Supervisor (1) 6,530.00
Recreation Leader (24 mos. PT at 240-350) 7,404.00
Swimming Pool Mgr.. (2 PT at 330410) 2,220.00
Guard Instructor (18 mos. PT at 240-300) 9,580.00
Cashier (6 mos. PT at 220-240) 1,320.00
Pool Attendants (15 mos. PT at 180) .... 2,700.00
TmMrirv Emnlnvee
Retirement, Ins. Ic Soc. Sec 4,217.00
$ 27,829.90 $ 29,582.62 $ 82,999.00
$ 3,114.40 $ 3,481.08 $ 4,208.00
2,381.58 2,993.77 3,770.00
975.00 3,757.36 1,000.00
1,937.35 991.43 2,500.00
$ 8,408.33 $ 11,223.64 $ 11,475.00
$ 919.88 $ 71.05 $ 2,366.00
292.27 500.00
489.16 77,300.00
$ 1,409.04 1 363.32 $ 80,186.00
$ 37,647.27 $ 41,169.58 $144,896.00
Total Personal Services $ 60,791.00
OPERATION AND MAINTENANCE:
Commodities $ 8,387.00
Contractual Services 9,195.00
Renalr and Maintenance - Eautoment .. 254.00
Repair and Maintenance - Grounds 600.00
Total Operation and Maintenance $ 18,436.00
CAPITAL IMPROVEMENTS:
Equipment $ 3,250.00
Improvement - Bldg
Improvement Other than Bldg. ....... 5,150.00
Total Capital Improvements........... $ 8,400.00
GRAND TOTAL $ 96.587.0C
FUND ACCOUNTING PROPERTY TAX LEVY COMPUTATION:
Total Estimated Expenditures - . ..........
Less: Estimated Balance July 1, 1980 $ 3,800.00
Estimated non-tax revenue .- 65,511.00
$ 96,887.00
69.311.00
Amount necessary to balance budget .......... .........
Tax Levy Outside 6 Limitation:
(1959-60 Levy $ .336.00)
(Plus 6 . 1,580.00)
$ 27,278.00
(Allowable 1960-61 Levy
(Less: 1980-61 Dellnq. Disc.
(Estimated 1960-61 Receipts
...$ 27,916.00)
640.00)
..$ 27,276.00
ICWlfiE TREATMENT PLANT MAINTENANCE FVNDi
SEWAGE THBATM.nx gEtawB TREATMENT DIVISION
PERSONAL SERVICES:
Plant Supervisor U)
Operators (4Vi at 300-370) ..
Retirement, Ins. 6c Soc. Sec.
$ 8,160.00 $ 9,160.00 $ ,g.?2?
16 528.63 16,144.30 1B,695.00
i;il7.20 1,263.99 1,661.00
$ 22,805.83 $ 22,568.29 $ 28,036.00
$ 2,246.30 $ 3,039.83 $ S.OOO.OO
6624.57 6,382.86 7,854.00
3!l28.59 2,591.41 5,400.00
$ 11,999.48 $ 12,014.10 $ 16,254.00
$ 3.20 $ 3,067.25 $ 100.00
746.68 486.17
749.88 $ 3,583.42 $ 300.00
$ 35,555.17 $ 38,135.81 $ 42,880.00
$ 6,060.00
... 18,798.00
1,920.00
NANCE:
Plant
. $ 26,778.00
3,300.00
8,460.00
2,000.00
1 Total Personal Servicei
OPERATION AND MAl
Commodities
Contractual Services
Repair and Maintenance
ToUl Operation and Maintenance $ 11,760.00
CAPITAL IMPROVEMENTS:
Eaulmnent $ 1.400.00
Improvements Building
Total Capital Improvements .
GRAND TOTAL
FUND ACCOUNTING: ,...
Estimated Balance July 1, I960 iv-""-
Estimated 1960-61 Receipts: Sewer Service Charge
ToUl Estimated Funds Available 1960-61 ......
Property Tax Levy
..$ 3,400.00
..$ 43,918.60
..$ 8,814.00
.. 35,424.00
. $ 43,938.00
None
AIRPORT BOND CONSTRUCTION FUND
S7 147 48 1 51.423.26 4,845.00 Construction
FUND ACCOUNTING:
Balance July 1, 1960 ...
Property Tax Levy .
None
None
AIRPORT RECONSTRUCTION FUND
S 2.672.95 $ 6,067.91 $ 4,645.00 Construction
''"'"jD ACCOUNTING:
. Balance July 1, I960 .-. -
Estimated 1960-61 Receipt ..................
$ 10,226.00
.$ 6,866.00
3,360.00
Total Estimated Funds Available ........
Property Tax Levy ...................... ..........
ARTERIAL STREET BOND CONSTRUCTION FUND
1 10.366.20 $429,900.00 Construction
...$ 10,226.00
. none
S "jjfrtML LEVY COMPUTATION:
Total Esumaieo txpenanurc ...
Less: Estimated Balance July 1, 1960
Estimated non-tax revenue
Bond Sale ...i............
$147,187.00
500.00
. 120,000.00
$408,517.00
488,817.00
267,687.00
$140,130.00
..$141,600.00)
.. 2,770.00)
77.71
Amount necessary to belane budget
(Authorised Levy
Outside 6 Limitation
(Less: 1980-61 Dellnq. k Dlse.
(Estimated 196041 Tax Receipt! ..... $140,136.00)
CAMP WHITE SEWER BOND CONSTRUCTION FUND
si jb 449 Asl Pemmtrttftiesn
' " Transfer Sewsge Trestment Res. Fund $ 41,447.00
FUND ACCOUNTING:
Estimated Balance July 1, MM -
EstimateS 116041 ReceipU .,.o..
ToUl Estimated Funds Available 1160-11
Property Tax Levy
. $ 49,447.00
$ 41,447.00
mm sees) vlOnV
SANITARY SEWER CONSTRUCTION FUND
Aetual Expenditures
11IM1 lltt-tl
Budget
1111-10
$ 22,341.79 $ 37,662.00
Object Item
Construction
Budget
1110-11
. $ 20,385.00
FUND ACCOUNTING Jc PROPERTY TAX LEVY COMPUTATION:
ToUl Estimated Expenditures
Less: Estimated Balance July 1, 1960 . -
$ 20,385.00
1,748.00
Stock Market Replacing Other
Sectors as Inflation Engine'
Amount necessary to balance budget $ 18,637.00
(Authorlted Levy Outside 6 LlmiUtlon $ 19,000.00)
(Less: 1960-61 Dellnq. Ic Disc. ..- 363.00)
(Estimated 1860-61 Tax ReceipU $ 16,637.00)
STORM SEWER BOND CONSTRUCTION FUND
16,148.11 $ 25,131.00 $102,470.00 Construction $111,156.00
FUND ACCOUNTING Ic PROPERTY TAX LEVY COMPUTATION:
Total Estimated Expenditures $111,156.00
Less: Estimsted Balance July 1, 1960 . . 64,563.00
Amount necessary to balance budget $ 46,593.00
(Authorized Levy Outside 6 LlmiUtlon $ 47,500.00)
(Less: 1960-61 Dellnq. 6c Disc 907.00)
(Estimated 1960-81 Tax ReceipU $ 46,893.00)
TRUNK SEWER BOND CONSTRUCTION FUND
1.13 Transfer General Fund
FUND ACCOUNTING:
Balance July 1, 1980 None
Property Tax Levy .... None
SEWAGE TREATMENT RESERVE FUND
Construction $ 90,084.00
FUND ACCOUNTING:
Balance July 1, 1960 . .
Estimated 1960-61 ReceipU $ 90,084.00
ToUl Estimated Funds Available $ 90.084.00
Property Tax Levy None
LIBRARY BOND CONSTRUCTION FUND
39.59 Transfer General Fund ........
FUND ACCOUNTING:
Balance July 1, 1960 None
Property Tax Levy .. None
PARK AND SWIMMING POOL BOND CONSTRUCTION FUND
290.30 Construction
FUND ACCOUNTING:
Balance July 1, 1960 None
Property Tax Levy . None
RECREATION FUND
$ 2,150.86 Development of Recreation
500.00 Transfer Park 6c Swimming Pool Fund
FUND ACCOUNTING:
Balance July 1, 1960 None
Property Tax Levy ...... None
JACKSON STREET SWIMMING POOL AND PARK RESERVE FUND
Transfer General Fund $ 1,000.00
FUND ACCOUNTING:
Balance July 1, 1960 $ 1,000.00
Property Tax Levy ..... . ................ None
PARK AND RECREATION IMPROVEMENT FUND
Construction $150,500.00
FUND ACCOUNTING:
Balance July 1, 1960 $ 500.00
Sale of Property 150,000.00
$ 1,271.83
Total Estimated Funds Available . ............... ................
Property Tax Levy
FIRE DEPARTMENT BOND CONSTRUCTION FUND
Construction .....
...$150,500.00
... None
FUND ACCOUNTING:
Balance July 1, 1960 . None
Property Tax Levy Nona
76,000.00
17,621.55
GENERAL BOND SINKING FUND
93,000.00 $105,000.00 Bonds Redeemed $ 95,000.00
20,531.25 21,673.00 Interest 18,609.00
$ 93,621.69 $113,531.25 $126,673.00
TOTALS 1110.609.00
runu aucjuuntinu & PROPERTY tax levy computation:
ToUl Estimated Expenditures
Less: Estimated Balance July 1, 1960
Estimated ReceipU - Dellnqs. Prior Yrs
BY ELMER C. WALZER
UPI Financial Editor
New York-(UPD -While the
economists argue over growth
of the economy and what the
annual
8,116.00
9,898.00
$110,609.00
18,014.00
Sub Total
Add: 1960-61 Delinquencies 6c DlscounU
Total 1960-61 Levy not subject to 6 LlmiUtlon ,
$ 92,595.00
$ 10,736.00
$ 60,261.30
21,794.92
$ 61,247.08
37,400.00
$103,331.00
WATER BOND SINKING FUND
$ 67,260.00 Bonds Redeemed $ 72,250.00
37,400.00 Transfer Water Constr. Fund 37,000.00
$ 82,016.22 $ 98,657.06 $104,660.00 TOTALS $109,280.00
FUND ACCOUNTING It PROPERTY TAX LEVY COMPUTATION:
Total Estimated Expenditures
Less: Estimated Balance July 1, 1960 .. $ 4,518.00
Estimated ReceipU - Dellnqs. Prior Yrs. . 4,000.00
Transfers 81,150.00
$109,250.00
69,668.00
Sub ToUl
Add: 1960-61 Delinquencies & DlscounU
$ 39,882.00
4,506.00
$ 44,088.00
20,000.00
6,660.00
ToUl 1960-61 Levy not subject to 6 LlmiUtlon
CAMP WHITE SEWER BOND SINKING FUND
$ 20,000.00 $ 20,000.00 Bonds Redeemed $ 20,000.00
pe r-
cenUge ought
to be, Wall
Street haa its
own growth
department.
So called
growth stocks
have domi
nated trading
for a long
nsaarWasser time to the
detriment of the blue chips.
Everybody wants glamour,
say the market men.
As Business Week in iu
current issue points out, this
is a group of markeU. It notes
that we have had a bear mar
ket in the old sUndbys and
a bull market in other sec
tions, and quotes an analyst
who says:
"If you picked the right
stocks, you could have done
better than in the bull mar
ket, but If you picked the
wrong ones, you could have
lost your shirt."
From time to time, the ex
perts 'have said the market
was in a period of deflation.
'Engine of Inflation
A. Wildred May, executive
director of the Commercial
and Financial Chronicle,
holds that the stock market
Is fast replacing other sec
tors in the economy as "the
country's engine of inflation."
In this process, says MAy,
growth-itls has joined blue
chlpltis and spllttomanla as
an excuse for driving many
stock prices to levels "far be
yond jutification on value
tests.
"This insatiable quest for
growth in securities is in line
with its current fashlonable-
ness throughout the econ
omy."
He holds that growth stocks
have already discounted their
future and adds that even If
we make the assumption that
the dividends on these issues
will continue their rate of in
crease enjoyed over the past
decade, "the holders must
now wait another ten years
before they get a net return
equal to that from treasury
bonds."
May aims a barb at the mu
tual funds snd classifies them
among what he calls "mark-
keters." Too often, he says,
"they are represented to pros
pective buyers as guarantors
of annual caplUl gains.
Complete Shift
"And the stressing of mar
ket profits pervades the lit
erature, as for example In
their charU of past perform
ances, as they are used by
track addicU to dope the
horses.
Actually the record shows
that to pick the fund winners
is just as difficult, there be
ing a complete shift In the
year-to-year relative caplUl
gains performance records of
the Individual funds."
Business Week lists among
the growth stocks the elec
tronics, office equipments,
some utilities, leisure stocks,
and publishing. Last Week
Wall Street inserted the vend
ing machine group into the
list.
Speaking of electronics,
Business Week notes that
brokers warn that while some
of these companies will un
doubtedly grow at a very fast
rate, others will fall by the
wayside.
Entranced With Growth
"But," says the publication,
Investors appear to be en
tranced with the growth con
cept just as they were earlier
drawn to the cult of common
stocks."
As a result of the demand
for growth Issues, says Busi
ness Week, price-earnings ra
tios range up to 100 times
1960 earnings prospects for
6.050.0O
8,500.00 Interest 5,000.00
$ 26,650.00 $ 26,050.00 $ 28,500.00 TOTALS $ 25,000.00
runu Auuouniiwii:
Estimated Balance July 1, 1960 $124,718.00
Estimated 1960-61 ReceipU: Sewer Service Charge 26,111.00
ToUl Estimated Funds Available 1960-61
Property Tax Levy
..$182,820.00
,. None
5,000.00
800.00
SEWAGE DISPOSAL BOND SINKING FUND
5,000.00 $ 5,000.00 Bonds Redeemed
300.00 100.00 Interest
Transfer Sewsge Treatment Res. Fund $ 40,637.00
$ 8,800.00 $ 8,300.00 $ 8,100.00
FUND ACCOUNTING:
Estimated Balance July 1, 1980
Total Estimated Funds Available 1960-61 $ 40,637.00
Property Tax Levy None
TOTALS $ 40,637.00
$ 40,637.00
Afrnnrt A
Airport B 63,000.00
Airport t oi,uvv.vw
Armory Construction 28,000.00
Arterial StreeU 00.000.00
Fire Department u.uuu.uu
Jackson Street Bridge 8,000.00
Park Improvement A iu.ouu.uu
Park Improvement B 17,500.00
SaniUry Sewer 28,000.00
Sewage Plant Enlargement A . 2,000.00
Storm Sewer - 78,000.00
Storm Sewer A 42,000.00
Storm Sewer B ,uuu.uu
CONSOLIDATED BOND FUND
110.00 Transfer General Fund ,
FUND ACCOUNTING:
Estimated Balance July 1, 1960 ............. ..................
Property Tax Levy
None
None
34,811.50
13,807.82
186.86
$ 40,000.00
10,145.81
357.43
21,717.43
IMPROVEMENT BOND FUND
$ 50,117.00 Bonds Redeemed $ 81,000.00
interest ............................
Bond Sal Expense ....
Transfer Spec. Assmt Fund
11,199.00
40U.U0
1,618.00
790.00
$ 41,994.18 1 72,220.67
1 61.766.00
FUND ACCOUNTING:
Estimated Balance July 1, 1960 .....
Estimated 1960-61 ReceipU:
Special Assessment Principal .,
Special Assessment Interest
TOTALS . . . $ 61,365.00
$192,758.00
88,000.00
9,000.00
. $256,758.00
None
$271,790.56
10,957.21
38,554.33
ToUl Estimated Funds Available 1160-61
Property Tax Levy
SPECIAL ASSESSMENT FUNDS
$188,341.83 $140,000.00 WarranU Paid $638,000.00
10,040.30 1,500.00 Interest 9,000.00
18.824.16 65,458.00 Transfer General Fund 86,868.00
a. 483.48 Transfer Water Fund
4,000.00 Transfer SUU Tax Street Fund 4,664.00
$341,178.19 1204,671.77 1110,998.00 TOTALS
FUND ACCOUNTING:
Estimated Balance July 1, 1960 .......
Estimated 1960-61 ReceipU:
Bond sale
Special AssessmenU
$735,432.00
$ 81,091.00
..$600,000.00
. 60.000.00
Interest 2,000.00
ToUl Estimated Funds Available 1960-61 ...
SUMMARY OF PROPERTY TAX LEVIES
Foe Fiscal Year 1960-11
862,000.00
General Fund ??MI5 92
Fire Maintenance Fund 111.699 00
Park and Swimming Pool Fund 27,916.00
Library Fund $,000.00
General Bond Sinking Fund 103,331.00
Water Bond Slaking Fund 44.OU.00
Arterial Street Fund
Sanitary Sewer Fund
Storm Sewer Fund ....
ToUl City General
Property Tax Levy
$743,011.00
143.600.00
19,000.00
47,500.00
..$171,110.00
some of the most fUmorousj
electronic Issues.
"This wide spread Is ua
usual," says the magaiine,
"and has never before lasU4
for so long. But there 1 as)
yet no sign that the demantf
for growth is over." ;
From time to time, it la
noted, the market is good
the old favorites. A week ago,
the Dow-Jones industrial av
erage had a record weekly
rise.
According to market an
alysU, quoted by Business
Week, "the good growth Is
sues should continue in favor,
but investors won't go on buy?
lng the untested ones Indefinitely."
-
" - a a . . - . , . m
PEN PALS MEET Miss Lily Llmbaugh and Giuseppe)
Robertao Trampus of Italy, pen pals for the past 12 yean,
meet in Memphis, Term. He even sent her a Upe recording
of his voice. Now they're together after Trampus flew tor
Memphis but Miss Llmbaugh, a speech therapist, says It
a little too early" to talk of romance. (UPI Telephoto)
Quotes From the News
BY UNITED PRESS INTERNATIONAL
Brussels Israeli Premier David Ben-Gurlon. sUtlng hli
nosition that accused mass-murderer Adolf T.lchminn hid
been persuaded by Israeli volunteers to leeve his hiding;
place in Argentina and accompany them to Israel: - -
"We do not care to Investigate how he was persuacee."
Washington Rep. Clarence Cannon (D-Mo.), replying to.
budget director Maurice Stans' charge that congressional
DemocraU were playing fast and loose with the administra
tion budget surplus:
"We come to expect statements like this Just before elee
ilon campaigns." ;
Bucharest, Romania Soviet Premier Khrushchev, ex
pressing Interest in the American presidential campaigns:
"Our sute, our people, are . . . interested In the elestie)
of such a president and the formation of sueh govern!
as would remedy the mistake mad by th present goverae
ment of the United States." ; f
Hollywood Movie actress Shirley MacLaine, sUtlng why
she is a Democrat: ' -' i
"I'm a Democrat mostly because the party believe is)
the same things I believ in."
Special Evangelistic Service
Evtry Evening 7:30 p.m.
June 20-Junt 24
The Salvation Army
4th and lartlett St.
Special Music ft Speakers! You Are Welcome!
STATEMENT OF INDEBTEDNESS
CITY OF MEDFORD. OREGON
July L 1110
$ 40,000.00
Storm Sewer C
Trunk Sewer
la.ooo.otf
80.000.tW
I00.000.ftf
Camp White Sewage Disposal .
Water system enlargement
Kenwood Water District
Grandvlew Water Dlst. No. 1 ...
Grandvlew Water Dlst. No. 1 ...
Improvement Bonds
(Including Water)
TmnMmnt Rnndi rTncludlnC
Water as of April 1, 1960) 558,121.4f.
..1,411,000.1
... JS.OOO.O
... 74,000.C
.. 33,009 64
... 110,411. it
TOTAL
. $4,24l,40.r
BUDGET MEDFORD WATER COMMISSION
WATER FUND
1 July, 1160 to 30 June. 1911
Actual
1117-1151
Aetual
ltSt-1151
RECEIPTS:
Water Revenue
Service Connections and
Work for Customers
Equipment RenUl ......
Connection Fees
Water District Operation
Sale of Forest ProducU
Rents
Interest
Miscellaneous
Total Receipts ....
..1401,497.82 $409,009.80
798.82 8,272.68
934.19 1,081.58
.. 2,400.00 8,640.00
8,200.96 5,690.78
.. 1,305.00 4,065.33
240.00 240.00
., 6,300.73 8,237.57
268.80 1,803.89
Estimated
Total
1189-1910
1429,611.11
. Estimate
Budget.-.
111M1
$441,20 Of
6,085.11
1,070.15
6,908.00
6,549.48
1,800.00
240.00
3,166.10
(499.40)
H.tso.ii
$,$.
m
1,900.1?
Estimated Cash on Hand 30 June 1960
TOTAL
EXPENDITURES:
Operating Expenses
Franchise Taxes
Interest on Bonds
CaplUl Expenditures
$418,943.72 $438,991.63 $454,569.90
$136,458.12 $149,466.06 , $172,666.17
4,341.04 4,529.40 5,182.39
58,733.00 55,237.95 53,880.00
199.473.70 303,179.87 188,059.59
Increase In Inventory of Supplies (63,918.17) 22,551.63 ."'
Transfer to Water Bond Sinking Fund 8,000.00 22,000.00
Transfer to Water System
Construction Fund 20,000.00
Total Expenditures : $355,089.69 $539,964.91 $445,775.22
ESTIMATED BALANCE 30 June, 1961
BUDGET MEDFORD WATER COMMISSION
WATER SYSTEM CONSTRUCTION FUND
1 July. 1110 to 30 Juno, 1111
RECEIPTS: , .
Transfer from water runa u,uuu.uu
Interest : . 3.025.8
Sale of Material 1100
Total ReceipU $ 23,036.65 $ 1,129.09 $ 9,356.91
Estimated Cash on Hand 10 June, 1980 -
TOTAL ....... . .... -
EXPENDITURES:
ToUl Expenditure --.
1,125.09 8,156.1$
$461,00.10 f
.ill3.141.0f
. $610,711.05 1
81.117.ff
121,170.tf
, 24,110
99,0tX.6V
1998,413.11
..$ S4.114.li
1104,100.0
..illl,lt4.7
$237,24.t
ESTIMATED BALANCE 30 June, 1911 ,
.$117,144.71
. 0