2019 ANNUAL REPORT MUNICIPALITY OF TWIN BROOKS, SD 57269 STATEMENT OF FUND CASH BALANCES ALL FUNDS FOR THE YEAR END DECEMBER 2019
2019 ANNUAL REPORT
MUNICIPALITY OF TWIN BROOKS, SD 57269
STATEMENT OF FUND CASH BALANCES
ALL FUNDS FOR THE YEAR END DECEMBER 2019
General Fund Total
Cash Assets
Cash in Checking Accounts $11,485.40 $11,485.40
Change and Petty Cash
Savings Certificate $21,424.69 $21,424.69
Interest
101 FUND CASH BALANCE $32,910.09 $32,910.09
Municipal Funds are deposited or invested with the following depositories:
Wells Fargo
402 S. Main St.
Milbank, SD 57252 $32,910.09
Receipts (Source):
311 Property Taxes $9,570.36 $9,570.36
335.1 Bank Franchise Tax
335.3 Liquor Tax Reversion $2,250.00 $2,250.00
335.4 Motor Vehicle License (5%) $2,132.48 $2,132.48
335.6 Fire Insurance Premium
Reversion
338.2 County Highway and Bridge $12,478.28 $12,478.28
Reserve Tax (25%)
341-349 Charges for goods and service $893.68 $893.68
361 Investment Earnings $68.45 $68.45
362 Rentals
363-369 Other Revenues (Water Load Surcharge) $4,728.14 $4,728.14
Enterprise Funds
Total Receipts $32,121.39 $32,121.39
Disbursements (function)
411-419 General Government (414) $21,192.54 $21,192.54
431 Highways and Streets (includes snow
removal, street lights, culverts, drainage and tiling) $28,506.17 $28,506.17
432 Sanitation (includes garbage and
rubble sites)
491 Miscellaneous (Water DENR Loan) $3,371.36 $3,371.36
Total Disbursements $53,070.07 $53,070.07
Sub of Receipts, Disbursements and Transfers ($20,948.68) ($20,948.68)
Fund Cash Balance, January 1, 2019 $53,858.77 $53,858.77
Fund Cash Balance, December 31, 2019 $32,910.09 $32,910.09
