USA > Pennsylvania > Franklin County > Chambersburg > Annual report of the burgess and town council of the borough of Chambersburg, Pennsylvania 1941-1947 > Part 28
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1,457.25
Maintenance of Meters
2,106.32
Total Distribution System Expenses
$ 12,863.90
51
penses
Utilization System Expenses
Operating Labor $ 1,147.73
Municipal Street Arc and
Incandescent System Sup- plies and Expenses
860.67
Maintenance of Municipal Stree Arc and Incandes- cent System
3,509.90
Total Utilization System
Expenses
$ 5,518.30
General Expenses
General Administrative
Salaries
$ 16,359.70
Salaries of Meter Readers
2,286.01
General Administrative Supplies
621.64
Other General Administra- tive Expense
449.54
Stable and Garage Labor
907.54
Stable and Garage Suplies and Expense
301.04
Shop and Laboratory Sup- plies and Expense
12.51
Insurance and Pensions
1,230.85
Maintenance of General Equipment
378.09
Depreciation
39,348.21
Total General Expenses
$ 61,895.13
Total Operating Expenses
$ 304,162.04
CONDENSED INCOME, PROFIT AND LOSS STATEMENT ELECTRIC LIGHT DEPARTMENT
1947
Operating Revenues
$ 555,625.12
Operating Expenses
Generating System Operat- ing Expense $ 223,884.71
Distribution System Oper- ating Expenses
12,863.90
Utilization System Operat- ing Expenses
5,518.30
Other General Expenses
42,178.24
General Administrative Ex- penses
19,716.89
Total Operating Expenses
$ 304,162.04
$ 251,463.08
52
Operating Income
Non-Operating
Revenues
(Including
Interest
Re-
ceived)
Non-Operating
Expense
Non-Operating Income
$ 12,689.81
Gross Income
$ 264,152.89
Net Income
264,152.89
Balance of Net Income
264,152.89
ELECTRIC LIGHT DEPARTMENT
ANALYSIS OF FIXED CAPITAL
Account
Balance Jan. 1, 1947
Additions
1947
Balance Dec. 31, 1947
Organization
$ 7,605.25
$ 7,605.25
Generating System, Lands
21,885.80
21,885.80
Generating System, Power Plant Structures
45,677.39
45,677.39
Generating System, Sidings and Trestles
6,067.16
6,067.16
Generating System, Boiler Plant Equipment
124,190.78
$ 707.30
124,898.08
Generating System, Turbo Generators
300,534.50
66.49
300,600.99
Generating System, Other Generating Equipment
49,084.53
49,084.53
Generating System, Other Electrical Equipment
80,995.65
38.00
81,033.65
Equipment
16,645.42
19.50
16,664.92
Generating System, Other
Power Plant Equipment
3,776.32
28.50
3,804.82
Transmission System, Over- head Conductors
44.88
44.88
Distribution System, Struc- tures
14.13
14.13
Distribution System, Poles
and Fixtures
41,860.33
2,842.12
44,702.45
Distribution System, Over- head Conductors
57,802.12
28,893.98
86,696.10
Distribution System, Over-
55,515.96
7,322.76
62,838.72
Distribution System, Trans- former Installations (Overhead)
7,301.06
696.23
7,997.29
Distribution System,
Over-
head Services
23,328.59
1,614.38
24,942.97
Generating System, Coal Storage and Weighing
head Transformers
$ 17,544.33 4,854.52
53
Distribution System, Under- ground Conduits
1,183.69
378.71
1,562.40
Distribution System, Under- ground Conductors Distribution System, Under- ground Transformers
14,120.15
241.63
14,361.78
605.25
605.25
Distribution System, Under- ground Transformer In- stallations
82.93
82.93
Distribution System, Under- ground Services
7.81
7.81
Distribution System, Meters
52,463.81
5,190.59
57,654.40
Distribution System, Meter Installations
9,443.79
1,300.92
10,744.71
Utilization System, Com - mercial Arc System
2.16
2.16
cipal Arc System
18,535.38
651.82
19,187.20
cipal Street Incandescent System
53,260.19
4,761.30
58,021.49
General, Land
600.00
600.00
Genaral, Structure
2,590.00
2,590.00
General, Office Equipment
1,295.12
179.90
1,475.02
General, Store Equipment
184.22
184.22
General, Shop Eqiupment .
292.00
4.00
296.00
General, Garage Equipment
7,181.62
7,181.62
General, Laboratory Equip- ment
1,479.64
121.82
1,601.46
General, Tools and Imple- ments
748.69
748.69
Engineering and Superin-
tendence During Con -
struction
24,025.55
24,025.55
Administrative, Legal and Taxes During Construc- tion
7,605.25
7,605.25
Interest During Construc- tion
23,555.35
23,555.35
Development Cost
45,119.23
45,119.23
Totals
$1,106,711.70
$ 55,059.95
$1,161,771.65
ELECTRIC LIGHT SINKING FUND
Receipts
Balance in Sinking Fund January 1, 1947
$ 26,210.19
Transfer from Electric Light Department 36,532.45
Interest Earned-Time Certificates 349.40
Transfer from Gas Department-Interest on $370,000.00 @ 2%
7,400.00
$ 70,492.04
54
Utilization System, Muni-
Utilization System, Muni-
Expenditures
Transfer to General Borough Account
$ 10,000.00 Balance in Treasurer's Hands December 31, 1947
60,492.04
$ 70,492.04
ELECTRIC LIGHT IMPROVEMENT FUND
Certificates Certificates of Deposit Cash of Deposit Cash
Proceeds from Sale of Water Revenue Bonds, Series of 1947 Divided as follows :
Farmers & Mer- chants Trust Co. of Chambersburg National Bank of Shambersburg .
$342,500.00
350,000.00
The Valley National Bank of Cham- bersburg 200,000.00
Farmers & Mer- chants Trust Co.
$ 7,500.00
Interest on Certifi- cates of Deposits
$ 4,462.50
Vouchers Paid dur- ing 1947
$ 6,761.97
January 1, 1948, Balance : Farmers & Mer - chants Trust Co.
$342,500.00
National Bank of Chambersburg
350,000.00
The Valley Na- tional Bank of Chambersburg . .
200,000.00
Farmers & Mer- chants Trust Co.
5,200.53
$892,500.00
$ 11,962.50
$892,500.00
$ 11,962.50
FREE LIGHTING AND POWER USED IN BOROUGH, 1947
Light
Public Comfort Station $ 271.52
Traffic Signals
738.28
Street Lighting on Square
1,175.61
Parking Lot, W. Washington St. 678.27
Parking Lot, N. Main St. 183.01
55
Police Headquarters and Police Booth on Square
343.77
American Red Cross Room
33.12
Municipal Garage
123.62
Henninger Field
59.77
Electric Light Plant-Storage
Shed
10.19
Electric Light Plant -Fire
Alarm Battery Charger
21.66
Park of The Valiant
33.74
City Hall
777.05
City Hall-Water Heater
39.89
Municipal Market
387.05
Honor Roll-Junior of Commerce
141.26
Gas Department Office-S. Main St., to March 17, 1947
69.05
Gas Plant, Burkhart Ave.
241.42
Disposal Plant
92.73
Disposal Plant, Pump House
54.11
Disposal Plant, Control and Tool House
9.00
Disposal Plant, Final Settling
Pump House
9.00
Friendship Fire Company
205.26
Junior Fire Company
320.75
Good Will Fire Company
235.76
Franklin Fire Company
288.00
Cumberland Valley Fire Co.
115.52
$ 6,658.41
Power
Municipal Garage
$ 60.96
Gas Plant-Burkhart Ave.
31.04
Disposal Plant
1,325.20
Disposal Plant, Final
Settling
Pump House
422.62
Disposal Plant. Control Tool House
and
148.34
Municipal Market
81.55
Power for Sirens, Five Fire
315.60
$ 2,385.31
Incandescent Lighting of Streets
25,547.78
Total
$ 41,663.10
In Addition, Credit Account, Labor at Plant, Fire Alarm Batteries, 365 @ $2.00 each . 730.00
Electric Light Liens
Balance to be Collected Janu- ary 1, 1947 $ 33.00
New Liens Entered During 1947 17.65
Balance to be Collected Janu- uary 1, 1948 $ 50.65
50
Houses
Arc Lighting of Streets $ 7,071.60
$ 32,619.38
Ornamental Street Lighting Liens
Balance to be Collected Janu- uary 1, 1947
$ 68.85
Interest Accrued
35.66
Costs Accrued
2.50
$ 107.01
Collected During 1947
$ 68.85
Interest Accrued
35.66
Costs Accrued
2.50
$ 107.01
STATEMENT OF ASSETS AND LIABILITIES OF THE BOROUGH OF CHAMBERSBURG AS OF JANUARY 1, 1948
Assets
Cash in Treasurer's Hands
All Departments :
Water Department
$ 58.59
General Borough Depart-
ment
7,270.73
Electric Light Department
23.20
Gas Department
395.92
$ 7,748.44
Bond Account
$ 34,659.29
Bond Reserve Account
4,643.03
Water Sinking Fund
42,068.29
Electric Light Sinking Fund
60,492.04
Electric Light Improvement Fund
897,700.53
Street Liquid Fuel Tax Ac- count
1,513.74
$1,041,076.92
Total Operating Cash Bal- ance and Sinking Funds
$1,048,825.36
Cash in Collector's Hands Electric Light Consum- ers' Deposit Account
33,880.75
Cash in Collectors' Hands Gas Department, Con - sumers' Deposit Account
Borough
Bond
Tax Duplicate 1945-1946
$ 19.94
$ 59.91
Tax Duplicate 1946-1947
61.97
188.95
Tax Duplicate 1947-1948
178.55
599.57
$ 260.46
$ 828.43 $ 1,088.89
Investments
Borough Fire Fund $50,000 U. S. Savings Bonds, Series "F"
$ 37,000.00
57
1,530.00
Borough Fire Fund, U. S. Treasury Bonds, 214, 1956-1959 18,000.00
Water Department Sinking Fund $40,000.00 U. S. Treasury 21/4, 1959-1962 40,000.00
$ 95,000.00
Unpaid Tax Liens
$ 1,245.23
Unpaid Paving Liens
685.05
Unpaid Sewer Liens
1,439.78
Unpaid Water Liens
1,241.67
Unpaid Electric Light Liens
50.65
Water Department, Current Assets, Less Cash in Treasurer's Account
32,920.78
Light Department, Current
Assets, Less Cash in Treasurer's Account
476,162.74
Gas Department, Current Assets, Less Cash in Treasurer's Account
36,874.96
$ 550,620.86
Value of Borough Property
Electric Light Plant and Distribution System, Re- production Value New, Less Accrued Deprecia- tion
$ 554,804.55
Gas Department, Utility
Plant in Service, Less Accrued Depreciation
357,923.03
Disposal Plant and Main Trunk Sewers
324,650.00
Lateral Sewers
288,183.37
Fire Houses and Apparatus
141,728.00
City Hall, Office Building
55,856.00
Police Headquarters and Equipment
13,220.00
Street Department, Storage House and Equipment .
23,480.00
Municipal Market Building
43,870.00
Fourth Street Properties
3,000.00
Public Comfort Station
5,500.00
W. Washington St. Parking Lot
7,500.00
N. Main St. Parking Lot
25,000.00
Show Field, South Second Street
7,500.00
Henninger Field
16,000.00
North Fourth Street Lot
1,300.00
$1,869,514.95
Total Assets
$3,600,460.81
58
7,500.00
Liabilities
2% Improvement Bonds Is- sued Sept. 1, 1938
$ 145,000.00
Bonds Redeemed and Can- celled since 1940 $ 39,000.00 39,000.00 $ 106,000.00
The above balances are the present actual indebtedness of the Burgess and Town Council of the Borough of Chambersburg created without the authority of the vote of electors thereof. Gas Department, Consumers' Deposit Account $ 1,530.00
Electric Light Consumers' Deposit Account 33,880.75
Total Liabilities 141,410.75
Assets in Excess of Liabilities 3,459,050.06
$3,600,460.81
HERBERT C. KEEFER, EUGENE V. MILLER, JOHN A. BURKHART,
Auditors.
MUNICIPAL AUTHORITY
Increased use of electric energy made it necessary to enlarge the capacity of the Electric Light Plant, and preliminary estimates in- dicated that $900,000.00 would be needed for this purpose. Since this sum could not be borrowed without suitable security, and since Penn- sylvania law does not permit the pledging of electric light facilities as collateral, the Borough's water works properties were chosen to provide security for the bonds to be issued. A corporation known as the Municipal Authority of the Borough of Chambersburg was formed by a group of citizens appointed by the Town Council to accomplish this purpose. The Authority issued bonds in the total amount of $900,- 000.00 for periods up to 30 years, pledging the revenue from the sale of water as security for the bonds. The Borough deeded the water works properties to the Authority in exchange for the $900,000.00 received from the sale of the bonds and has, in return, leased the same prop- erties and will pay back the purchase price with interest over a period of 30 years in the form of an annual rental. The Borough continues to operate the water facilities as before and all fixed capital records are, for convenience, being maintained by the Borough.
The Municipal Authority was organized as of January 1, 1947 by the following citizens who were appointed by Town Council for terms ending on the first day of the successive years shown:
Dwight M. Edwards, Chairman 1952
J. Merle Kauffman, Secretary 1950
Thomas S. Gamble 1951
D. G. Wingerd 1949
Ray C. Hays 1948
59
THE MUNICIPAL AUTHORITY OF THE BOROUGH OF CHAMBERSBURG
STATEMENT AS OF DECEMBER 31, 1947 Receipts
Sale of Bonds
$900,000.00
Accrued Interest on Bonds
2,172.24
Rental from Borough of Chambersburg
38,000.00
$940,172.24
Expenditures
Purchase of Water System from Borough of Chambersburg
$900,000.00
Interest on Bonds
8,500.00
Transferred to Reserve Sinking Fund
20,000.00
Balance in Hands of Trustee
11,672.24
$940,172.24
Assets
Water System (Cost)
$900,000.00
Reserve Sinking Fund
20,000.00
Balance in Hands of Trustee
11,672.24
$931,672.24
Liabilities
Authority Bonds Outstanding
$900,000.00
Assets in Excess of Liabilities
31,672.24
$931,672.24
HERBERT C. KEEFER, EUGENE V. MILLER, JOHN A. BURKHART,
Auditors.
60
GOVERNMENTAL TAXES PAID BY CITIZENS OF CHAMBERSBURG
Stated in Mills
For Public School Purposes 21 Mills
For State, County and Institutional Purposes 7 Mills
For Borough Bond Purposes 3 Mills
For General Borough Purposes L Mill
Total Mill Rate
32 Mills
WHERE A TAX DOLLAR GOES
1
2
3 4
(1) Public Schools Receive 65.625 cents out of each tax dollar - 21.875 cents out of each tax dollar
(2) State and County Receives ..
(3) Borough Bond Purpose Re- ceives
9.375 cents out of each tax dollar
(4) General Borough Purpose Re- ceives
3,125 cents out of each tax dollar
Borough Purposes-Taxes 1 Mill Collected, 1947 $8,,283.00 Borough Purposes-Tax Collected, 1947 per Capita 8,283.00
16,500 = . 502
1
VALUE OF SERVICES RECEIVED FOR $1.00 OF BOROUGH TAXES COLLECTED 1947
Taxes Collected for Borough Purposes
Borough Administration Police Services
Public Health Services
$ 62,273.45 divided by $8,283.00=$ 7,518 $ 46,564.74 divided by $8,283.00=$ 5.621 $ 4,558.82 divided by $8,283.00=$ .550 $ 73,719.61 divided by $8,283.00=$ 8.900 $ 45,808.35 divided by $8,283.00=$ 5.530 .
Fire Protection Services Street Department Services Street Lighting, Miscellan- eous Services $ 33,794.99 divided by $8,283.00=$ 4.080 $ 50,190.96 divided by $8,283.00=$ 6.059 $ 1,702.18 divided by $8,283.00=$ .205
Sanitary Sewerage Services Comfort Station Services Playground and Recreation Center Services
Total
$ 12,849.07 divided by $8,283.00=$ 1.551
$331,462.17 divided by $8,283.00=$40.01
61
VALUE OF SERVICES RECEIVED PER CAPITA
Estimated Population 16,500
Borough Administration
Police Services
$ 62,273.45 divided by 16,500=$ 3.774 $ 46,564.74 divided by 16,500=$ 2.822
Public Health Services
Fire Protection Services
Street Department Services
$ 4,558.82 divided by 16,500=$ .276 $ 73,719.61 divided by 16,500=$ 4.467 $ 45,808.35 divided by 16,500=$ 2.776
Street Lighting, Miscellaneous Services
Sanitary Sewerage Services
Comfort Station Services
Parks, Playground and Recrea- tion Center Services
$ 12,849.07 divided by 16,500=$ .778
Total
$ 33,794.99 divided by 16,500=$ 2.047 $ 50,190.96 divided by 16,500=$ 3.041 $ 1,702.18 divided by 16,500=$ .102
$331,462.17 divided by 16,500=$20.088
Note: The citizens of Chambersburg receive in these services $331,462.17 of value for which taxes were collected for Borough Purposes in the amount of $8,283.00. If you did not operate your Utilities at a handsome profit, the whole cost of these services would have to be paid for by taxes, which would mean an increase in taxes of 40.01 times what they were in 1947.
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