...=
AGREENENT
1885-5-5:
AGREEMENT made this 18 da: of March, 1957, by and 1401-57 25/
between KIWANIS CLUB OF GREATER MERCED, a corporation, herein called the Club, and City of Merced, a municipal corporation, herein called the City; and
WHEREAS it is the desire of both parties to pronote and enlarge the recreational facilities for children 1n the City of Merced; and
WHEREAS the Club has purchased certain playground equipment; and
WHEREAS the Club desires to operate and maintain such
equipment and retain the proceeds therefrom unt11 such time as the obligation of the Club for the purchase of said equipment Is paid; and
WHEREAS 1D is the desire of both parties that such equip- ment be installed in Applegate Park in the City of Merced, NO: THEREFORE, IT IS MUTUALLY AGREED AS FOLLO:S:
1. That the Club may install such playground equipment as they have heretofore purchased and, with the consent of the city, the equipment they may hercafter acquire at Applegate Park in the area heretofore designated by the parties.
2. The Club shall take out and keep in Illl force during the term of this agreement, at Its oin expense, public lability, Insurance with 11mits of not less than $25,000. Ior injury to one person and $50,000. for injury to more than one person arising out of any one accident and property damage insurance of not less than $20,000. arising out of any one accident in companies satisfactory to the City to protect the City against any liabil- its to the public incident to the use of or rest!ting from any accident occurring in, on or about such ployground equipment.
LAW arricEs
CRISV OLD A MARRETT
.717 Me GlAreT
HT.. 'ID. CALIONNIA
#DOLPH I.81:0
Agreement- poge 2
3. The Club shall retain title and ownership of all of
such playground equipment until the obligations incurred in the purchase, maintenance and operation thereof shall have been fully paid and satisfied.
4. At such time as all of the obligations incurred hereir by Club shall have been fully paid and satisfied, the Club shall assign, transfer and convey to City all of its right, title and Interest in and to said playground equipment.
5. Until such time as the Club's interest in said equip- ment shall be conveyed to the City, the club shall maintain and operate said equipment and shall retain all the proceeds fron the operation thereof.
6. The Club shall have the right to install, maintain and operate such concession stands for the sale of soft drints, candy, sandwiches and sinllar Itens at such playground site for as long as 1t may destre and rotain the proceeds therefrom, PROVIDED HOWEVER that sald right shall terminate and end at such time as such equipment 1s conveyed to the City or removed by the Club as herein providca.
• 7. In the event that the Club may deem 1t economically inadvisable to continue the operation of said equipment prior to its transfer to the City, it shall here the right to remove all or caid equipment and sell the same to pay such obligations :
the Club may have incurred herein. In that regard it 1s expressly understood and agreed that all of said equipment is and shall remain personal property during the term of this agreement.
8. In the event that the City should elect to discontinue the use by the public of such playground equipment, prior to its transfer to the City by the Club, then in that event, the Club may continue to operate and maintain the same at its then
TRISTOLD & BARRETI
§9 17 8 88
Agreement- page 3.
location for at least two ycaro from the date of the receipt of such notice from the City.
9. At all times during the term of this agreement the Club shall keep the arca of operation in a clean condition and in the event said equipment is removed hi the club, it shall renove the same in a proper and worlmanlike manner and leave the park surface in reasonably the same condition as when received, reasonable wear and tear excepted.
shall as soon after the close of each fiscal
10. The Club
of this agreement, as 1s practicable, and au
year during the term
each year, furnish to the City a financial statement
least once
to the operation of such playground equiprent.
with reference
IN WITHESS WHEREOF the parties hereto have caused their hands and seals to be placed this day and year first above written.
CITY OF MERCED,
Attest: A Municipal corporation,
A rowel Ey
KIWANIS CLUB OF GREATER MERCED
• Eagle las
Hat
Secretary
LAW orFicTe
GRISWOLO & DARACTI
EL GAFITAN DUILAIMO
1717 M BIneRT
VERCEO. CALIPORNIA
ory 3/18/57
RESOLUTION 110. 2080
AUTHORIZING EXECUTION OF CONTRACT WITH THE KIWANIS CLUB
FOR PLAYLAND AT APPELGATE PARK
::
BE IT RESOLVED by the City Council of the City of Merced aB follows:
1. That the agreement dsted March 18, 1957 between the
Kiwanis Club of Greater Merced, & corporntion, and the City of Merced,:
be, and the same 1s hereby approved and the Mayor and the City Clerk, respectively, for and on behalf of the City of Merced are hereby authorized to execute the same.
Duly and regularly adopted by thr City Council of the City of Merced at Its regular meeting held on the 18th day of March, 1857.
APPROVE:
ATTEST:
Snareel
City Clerk
I, A. H. GROESEL, CIty Cleris of the City of' Merced, do hereby ...
certily that the foregoing is a full, true and correct copy of the original :.
resolution on ille in my office at Merced, California.
City Clerk City of Merced
Dared: Zim.18,1957.
BASO
CREEK
BEAR
WEST STREET
MENNE PARES AVO ROCLRATION
ALLEY APPLEGATE PARK
• FAYARRA STREET MERCED CALIFORNIA
PRIVATÉ PROMERTY
STREET STREET
WEST 2.571 STREEr
Kiwanis of Greater Merced
Kiddie Land
•.." Balance Sheet
September 30, 1990 -
Assets
Current Assets 25,548.25
Checking - County Bank 150.00
Petty cash Fund 13,892.70
Savings - County Bank 150.00
Inventory 1,249.32
Prepaid Insurance
40,990.27
Total CurIent Assets
Fixed Asset.s 9,646.20
Improvements 115,458.31
Machines and Equipment (58,694.32)
Depreciation Allowance
66,410.19
--
Total Fixed Assets
107,400.46
Total Assets
]
Report-Olson, Brammer, Oster & Spinardi
Accountant's Compilation
Unaudited-See
Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
September 30, 1990
Liabilities and Fund Bal.
Current Liabilities
•? $ 1,242.26
Accounts Payable - Trade
Income Tax Withheld 140.00
FICA Taxes Payable 354.53
CUIC Taxes Payable 27.53
¡ales Tax Payabl 174.31
- 2.00
iwanette Wages Payabl
----
Total Current Liabilities 1,940.63
Long Term Llabilities
→ 51,000.00
Notes Payable
Total Long Term Liab. (51,000.00)
Other Liabilities 10, 087.53
Due to General Fund
- --
Total Other Liabilities 10,087.53
Fund Balance
Beginning Fund Balance 32,087.16
Profit (Loss) for Period 12,285.14
Total Fund Balance 44,372.30
: $ 107,400.46
Total Liab. and Fund Balance
• •
jnaudited-See Accountant's Compilation Report-Olson, Branmer, Oster Spinardi Kiwanis of Greater Herced
Kiddie Land
Income Statement
For the period ending September 30, 1990
Current-Period Year-to-Date
Amount
Amount
Sales 2,780.45 $ 6,850.03
Concession Sales $
----.
2,780.45 6,850.03
Total Net Sales
: costurot sales 1,575.28 3,849.94
Purchases
1,575.28 3,849.94
Total Cost of Sales
--
1,205.17 3,000.09
Gross Concession Profit
Other Operating Income 23,452.80
Ride Income 11,034.80
1,000.00 1,000.00
Public Donations 1,525.40
501.47
Interest Income
12,536.27 25,978.20
Total Other Oper. Income
--
13,741.44 28,978.29
Gross Income
Operating Expenses 210.87 -
33.00 Advertising 704.20 1,940.20 -
Accounting 17.50 -
. 00
Bank Charges 800.75-
. 00
Key Club Program 85.94 -
Fuel 85.94
690.23 4,615.04-
Insurance 35.00-
20.00 Interest .00 26.80-
Meals . 00 25.00 -
Office (1.00)-
Over & Short (1.00)
176.99 363.25 -
Repairs & Maintenance 175.08 1,197.32-
Supplies 329.06 -
Taxes - Payroll 311.56
73.79 220.83
Telephone 17.00-
Travel .00
2,118.00 3,809.50-
Wages
-----
4,387.79 13, 693.06
Total Operating Expense
-----
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi Kivanis of Greater Merced
Kiddie Land
Balance Sheet
september 30, 1991
Assets
Curtent Assets
Checking - County Bank $ 26,677.24
Savings - County Bank 14,798.99
Prepaid Insurance 564.14
Total Current Assets 42,040.37
Fixed Assets
Improvements 12,371.46
Machines and Equipment 124,300.31
Depreciation Allowance 158 ,694.32)
Total Fixed Assets 77,977.45
Total Assets $ 120,017.82
======
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
September 30, 1991
Liabilities and Fund Bal.
Current Liabilities 90.74
Accounts Payable - Trade 200.90
Sales Tax Payable ------
291.64
Total Current Liabilities
Long Term Liabilities 51,250.00
Notes Payable
51,250.00
Total Long Term Liab.
Other Liabilities 7,877.18
Due to General Fund ------
----
7,877.18
Total Other Liabilities
Fund Balance 44,372.30
Beginning Fund Balance 16,226.70
Profit (Loss) for Period
60,599.00
Total Fund Balance
$ 120,017.82
Total Liab. and fund Balance ============
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending September 30, 1991
Current-Period Year-to-Date
Amount Amount
Sales 8,433.82
Concession Sales $ 2,889.29
-----.
2,889.29 8,433.82
Total Net Sales -------
------
Cost of Sales 5,644.17
Purchases 1,516.05
1,516.05 5,644.17
Total Cost of Sales
Gross Concession Profit 1,373.24 2,789.65
Other Operating Income 32,922.70
Ride Income 10,697.60
468.74 1, 885.15
Interest Income
- ..
Total Other Oper. Income 11,166.34 34,807.85
_--__-
12,539.58 37,597.50
Gross Income ---
Operating Expenses 182.70
Advertising .00
327.50 1,234.80
Accounting 20.00
Contributions • 00
87.05 255.37
Fuel 3,726.60
Insurance 1, 241.14
5,780.32 5,795.32
Interest 36.60
Legal .00
.00 63.89
Office 43.74
outside Labor .00
1,935.83 2,847.03
Repairs & Maintenance 38.59
Supplies . 00
126.15 382.37
Taxes - Payroll 289.29
Telephone 76.04
• 00 2,989.85
Wages .00 675.00
Wages - Key Club ----
---_- -
Total Operating Expense 9,574.03 18,581.15
-----
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi swans gage hey Merced
Income Statement
For the period ending September 30, 1991
Year-to-Date
Current-Period Amount
Amount
19,016.35
2,965.55
Income From Operations $
------
Other Income $ .00
. 00
Total Other Income _--
$ 19,016.35
2,965.55
Net Income
Gross Concession Profit S 2,789.65
Allocation to Kiwanis $ 1.313.24
$ 16, 226.70
1,592.31 ^ = * . ..
Kiddie Land Income ========= = = =
Brammer, Oster Spinardi
Report-Olson,
Unaudited-See Accountant's Compilation
Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
August 31, 1992
Assets
$ 10,864.73
Current Assets 100.00
Checking - County Bank 15, 383.73
Petty Cash Fund 1,474.64
Savings - County Bank ---- 27,823.10
Prepaid Insurance
Total Current Assets
24,321.26
Fixed Assets 126,069.93
Improvements Machines and Equipment (58,694.32)
Depreciation • Allowance 91,696.87
Total Fixed Assets $ 119,519.97
Total Assets
Compilation Report - Olson, Brammer & Spinardi
Unaudited - See Accountant's
Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
August 31, 1992
Liabilities and Fund Bal.
288.65
Current Liabilities $ 59.68
Accounts Payable - Trade 9.76
FICA Taxes Payable 82.23
CUIC Taxes Payable ....- - - 440.32
----
Sales Tax Payable
Total Current Liabilities
49,250.00
Long Term Liabilities --------- 49,250.00
Notes Payable
Total Long Term Liab.
6,254.84
Other Liabilities .----
Due to General Fund 6,254.84
Total Other Liabilities
60,599.00
Fund Balance 2,975.81
Beginning Fund Balance Profit (Loss) for Period 63,574.81 Total Fund Balance $ 119,519.97
==============
Total Liab. and Fund Balance
& Spinardi
Unaudited - See Accountant's Compilation Report - Olson, Brammer Kiwanis of Greater Merced
Kiddie Land
Income Statement
1992
For the period ending August 31, Year-to-Date
Current-Period Amount
Amount
$ 3,121.80
1,144.14 • --
Sales $
Concession Sales - -- - - 3,121.80
1,144.14
Total Net Sales ----
1,987.49
541.63
cost of sales --- -
Purchases - - - - 1,987.49
541.63 --------
Total Cost of Sales 1,134.31
-. - -
602.51
Gross Concession Profit
15,539.60
Other Operating Income 5,278.60 1,171.90
Ride Income 151.82
Interest Income ---- 16, 711.50
5,430.42 -----
Total Other Oper. Income 17,845.81
- - -
6,032.93
Gross Income - - -
396.60
Operating Expenses 105.90 1,321.80
Accounting 545.00 132.33
Key Club Program 87.47 2,536.81
Fuel .00 6,005.65
Insurance 5,919.85 (1.10)
.00 2,676.68
Interest
over & short 1,334.28 263.56
Repairs & Maintenance 3.12 14.61
Supplies .00 355.75
Taxes - Payroll 53.14
-_-----
Telephone --- 13, 702.69
8,048.76 -------
Total Operating Expense
- -
Accountant's Compilation Report - Olson, Brammer & Spinardi Unaudited
Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending August 31, 1992
Current-Period Year-to-Date
Amount Amount
----- --------.
Income From Operations $ (2,015.83) $ 4, 143.12
Other Income
Total Other Income - 00 $ . 00
----- ----
$ (2,015.83) $ 4, 143.12
Net Income
Gross Concession Profit
Allocation to Kiwanis 1,167.31 $ 1,167.31
-.-
--------
Kiddie Land Income (3,183.14) $ 2,975.81
============ ====*=======
Unaudited - See Accountant's Compilation Report - Olson, Brammer & Spinardi
AGREEMENT
1858-5-5-1
AGREEMENT made this 18 _ day of March, 1957, by and /40/-57- 25/
between KIWANIS CLUB OF GREATER MERCED, a corporation, herein called the Club, and City of Merced, a municipal corporation, herein called the city; and
WHEREAS it is the desire of both parties to promote and enlarge the recreational facllities for children in the City of Merced; and
WHEREAS the Club has purchased certain playground equipment; and
WHEREAS the Club desires to operate and maintain such
equipment and retain the proceeds therefrom unt11 such time as the obligation of the Club for the purchase of said equipment is paid; and
WHEREAS It is the desire of both parties that such equip- ment be installed in Applegate Park in the City of Merced, NOW THEREFORE, IT IS MUTUALLY AGREED AS FOLLOWS:
1. That the Club may install such playground equipment as they have heretofore purchased and, with the consent of the City, the equipment they may hereafter acquire at Applegate Park in the area heretofore designated by the parties.
2. The Club shall take out and keep in full force during the term of this agreement, at Its own expense, publio liability Insurance with limits of not less than $25,000. for injury to one person and $50,000. for Injury to more than one person arising out of any one accident and property damage insurance of not less than $10,000. arising out of any one accident in companies satisfactory to the City to protect the City against any liabil- Ity to the public incident to the use of or resulting from any accident occurring in, on or about such playground equipment. 1717 M SYREET
MERCED, CALIFORNIA
RANDOLPH 2-8126
Agreement- page 2
3. The Club shall retain title and ownership of all of
such playground equipment until the obligations incurred in the purchase, maintenance and operation thereof shall have been fully paid and satisfied.
4. At such time as all of the obligations incurred herein by Club shall have been fully paid and satisfied, the Club snall assign, transfer and convey to City all of its right, title and interest in and to said playground equipment.
5. Until such time as the Club's interest in said equip- ment shall be conveyed to the City, the Club shall maintain and operate said equipment and shall retain all the proceeds from the operation thereof.
6. The Club shall have the right to install, maintain and operate such concession stands for the sale of soft drinks, candy, sandwiches and similar Items at such playground site for as long as it may desire and retain the proceeds therefrom, PROVIDED HOWEVER that said right shall terminate and end at such time as such equipment is conveyed to the City or removed by the Club as herein provided.
7. In the event that the Club may deem it economically
Inadvisable to continue the operation of said equipment prior to its transfer to the city, it shall have the right to remove all of said equipment and sell the same to pay such obligations the Club may have incurred herein. In that regard It is expressly understood and agreed that all of said equipment is and shall remain personal property during the term of this agreement.
8. In the event that the City should elect to discontinue the use by the publie of such playground equipment, prior to its transier to the City by the Club, then in that event, the club may continue to operate and maintain the same at its then
GRISMOLD & BARRETT
EL CAPITAN BUILDING
1717 M STREKY
MERCED. CALIFORNIA
RANDOLPH 2-8126
Agreement- page 3.
location for at least two years from the date of the receipt of such notice from the City.
9. At all times during the term of this agreement the Club shall keep the area Of operation in a clean condition and in the event sald equipment is removed by the Club, it shall remove the same in a proper and workmanlike manner and leave the park surface in reasonably the same condition as when received, reasonable wear and tear excepted.
10. The Club shall as soon after the close of each fiscal during the term of this agreement, as is practicable, and at year
least once each year, furnish to the City a financial statement with reference to the operation of such playground equipment.
IN WITNESS WHEREOF the parties hereto have caused their hands and seals to be placed this day and year first above written.
CITY OF MERCED,
Attest:
A Municipal Corporation,
KIWANIS CLUB OF GREATER MERCED,
A corsation, petE Movie
By Robert & Hat
secretar
LAW OFFICER
GRISWOLD & BARRETI
EL CAPITAN BUILDING
1717 M STREET
MERCED, CALIFORNEA
RANDOLPH 2-8185
RESOLUTION NO. 2080
AUTHORIZING EXECUTION OF CONIRACT WITH THE KIWANIS CLUB
FOR PLAYLAND AI APPELGATE PARK
BE IT RESOLVED by the City Council of the City of Merced as follow:
1. Ibat the agreement dated March 18, 1957 between the
Kiwanis Club of Greater Merced, & corporation, and the City of Merced, be, and the same 1s bereby approved and the Mayor and the City Clerk, respectively, for and on behalf of the City of Merced are bereby authorized to execute the same.
Duly and regularly adopted by the City Council of the City of Merced at Its regular meeting held on the 18th day of March, 1$57.
ATTEST:
Eaceel True foun
City Clerk
I, Ao Ho GROESEL, City Clerk of the City of'Merced, do hereby certify that the foregoing is a full, true and correct copy of the original resolution on file in my office at Merced, California.
lity Clerk City of Merce
Dated: Vlar, 18,1957.
siting
CREEK
PETATE
BEAR 41*******
WEST STREET
PARKS AND AMÁRATION
ALLEY APPLEGATE PARK
O MATARMA • STREET MERCED CALIFORNIA
mayers PRVATÉ MROPERTY
STREET прин STREET
WEST 2.5 71 STREET
Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
september 30, 1990
Assets
Current Assets
Checking - County Bank $ 25,548.25
Petty Cash Fund 150.00
Savings - County Bank 13,892.70
" Inventory 150.00
Prepaid Insurance 1,249.32
- --
Total Current Assets 40,990.27
Fixed Assets
Improvements 9,646.20
Machines and Equipment 115,458.31
Depreciation Allowance (58,694.32)
Total Fixed Assets 66,410.19
Total Assets $ 107,400.46
:
]
Unaudited-See Accountant's Compilation Report-Olson, BIammer, Oster & Spinardi Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
September 30, 1990
Liabilities and Fund Bal.
• Current Liabilities
Accounts Payable - Trade $ 1,242.26
Income Tax Withheld 140.00
• FICA Taxes Payable 354.53
CUIC Taxes Payable 27.53
Sales Iax Payable 174.31
Kiwanette Wages Payable 2.00
---
Total Current Liabilities 1,940.63
Long Term Liabilities
Notes Payable 51,000.00
Total Long Term Liab. (51,000.00)
.. Other Liabilities
Due to General Fund 10,087.53
..%
Total Other Liabilities 10,087.53
Fund Balance
Beginning fund Balance 32,087.16
;
Profit (LOss) foI Period 12,285.14
Total Fund Balance 44,372.30
;
Total Liab. and Fund Balance 107,400,46
Jnaudited-See Accountant's Compilation Report-Olson, Brammer, Oster Spinardi
.:
Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending September 30, 1990
current-Period Year-to-Date
Amount Amount
Sales
Concession Sales 2,780.45 $ 6,850.03
Total Net Sales 2,780.45 6,850.03
• Cost of sales
Purchases 1,575.28 3,849.94
Total Cost of Sales 1,575.28 3,849.94
Gross Concession Profit 1,205.17 3,000.09
Other Operating Income
Ride Income 11,034.80 23,452.80
Public Donations 1,000.00 1,000.00
Interest Income 501.47 1,525.40
Total Other Oper. Income 12,536.27 25,978.20
Gross Income 13,741.44 28,978.29
Operating Expenses
Advertising 33.00 210.87 -
Accounting 704.20 1,940.20 -
-
Bank Charges . 00 17.50-
Key Club Program 00 800.75-
Fuel 85.94 85.94 -
Insurance 690.23 4,615.04-
Interest 20.00 35.00-
Meals • 00 26.80-
Office . 00
25.00-
Over & Short (1.00) (1.00)-
Repairs & Maintenance 176.99 363.25 -
Supplies 175.08 1,197.32-
• • Taxes - Payroll 311.56 329.06-
Telephone 73.79 220.83-
Travel . 00 17.00-
Wages 2,118.00 3,809. 50-
-----
Total Operating Expense 4,387.79 13,693.06
*é.. -
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
September 30, 1991
Assets
Current Assets
Checking - County Bank $ 26,677.24
Savings - County Bank 14,798.99
Prepaid Insurance 564.14
---- --
Total Current Assets
42,040.37
Fixed Assets
Improvements 12,371.46
Machines and Equipment 124,300.31
Depreciation Allowance (58,694.32)
----
Total Fixed Assets 77,977.45
Total Assets $ 120,017.82
==|======
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster Spinardi Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
September 30, 1991
Liabilities and Fund Bal.
Current Liabilities
Accounts Payable - Trade 90.74
Sales Tax Payable 200.90
Total Current Liabilities 291.64
Long Term Liabilities
Notes Payable 51,250.00
Total Long Term Liab. 51,250.00
Other Liabilities
Due to General Fund 7,877.18
Total Other Liabilities 7,877.18
Fund Balance
Beginning Fund Balance 44,372.30
Profit (Loss) for Period 16,226.70
Total Fund Balance 60,599.00
Total Liab. and Fund Balance $ 120,017.82
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending September 30, 1991
Current-Period Year-to-Date
Amount Amount
Sales
Concession Sales $ 8,433.82
$ . 2,989.29
----
-r-A--------
Total Net Sales 2,889.29 8,433.82
Cost of Sales
Purchases 1,516.05 5,644.17
-----
Total Cost of Sales 1,516.05 5,644.17
--
.---
Gross Concession Profit 1,373.24 2,789.65
other Operating Income
Ride Income 10,697.60 32,922.70
Interest Income 468.74 1,885.15
Total Other Oper. Income 11,166.34 34,807.85
Gross Income 12,539.58 37,597.50
operating Expenses
Advertising . 00 182.70
Accounting 327.50 1,234.80
Contributions . 00 20.00
Fuel 87.05 255.37
Insurance 1,241.14 3,726.60
Interest 5,780.32 5,795.32
Legal . 00 36.60
Office . 00 63.89
Outside Labor • 00 43.74
Repairs & Maintenance 1,935.83 2,847.03
Supplies .00 38.59
Taxes - Payroll 126.15 382.37
Telephone 76.04 289.29
wages .00 2,989.85
Wages - Key Club . 00 675.00
----
Total Operating Expense 9,574.03 18,581.15
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi •
Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending September 30, 1991
Current-Period Year-to-Date
Amount Amount
Income From Operations $ 2,965.55 19,016.35
Other Income
Total Other Income • 00 $ .00
_----
Net Income 2,965.55 19,016.35
Gross Concession Profit
Allocation to Kiwanis 1,373.24 2,789.65
------
Kiddie Land Income 1,592.31 $ 16, 226.70
Unaudited-See Accountant's Compilation Report-Olson, Brammer, Oster & Spinardi Kiwanis of Greater Merced
• Kiddie Land
Balance Sheet
August 31, 1992
Assets
Current Assets
Checking - County Bank $ 10,864.73
Petty Cash Fund 100.00
Savings - County Bank 15,383.73
Prepaid Insurance 1,474.64
•-----
Total Current Assets 27,823.10
Fixed Assets
Improvements 24,321.26
Machines and Equipment 126,069.93
Depreciation Allowance (58,694. 32)
Total Fixed Assets 91,696.87
Total Assets $ 119,519.97
=========
Unaudited - See Accountant's Compilation Report - Olson, Brammer & Spinardi Kiwanis of Greater Merced
Kiddie Land
Balance Sheet
August 31, 1992
Liabilities and Fund Bal.
Current Liabilities
Accounts Payable - Trade $ 288.65
ICA Taxes Payable 59.68
UIC Taxes Payable 9.76
Sales Tax Payable 82.23
- - -
Total Current Liabilities 440.32
Long Term Liabilities
Notes Payable 49,250.00
Total Long Term Liab. 49,250.00
Other Liabilities
Due to General Fund 6,254.84
Total Other Liabilities 6,254.84
Fund Balance
Beginning Fund Balance 60,599.00
Profit (Loss) for Period 2,975.81
Total Fund Balance 63,574.81
Total Liab. and Fund Balance $ 119,519.97
Unaudited - See Accountant's Compilation Report - Olson, Brammer & Spinardi Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending August 31, 1992
Current-Period Year-to-Date
Amount Amount
Sales
Concession Sales 1,144.14 $ 3, 121.80
- - - - ---- .. ~
Total Net Sales 1,144.14 3,121.80
---- ----- --------
Cost of Sales
Purchases 541.63 1,987.49
- - - - -----
Total Cost of Sales 541.63 1,987.49
Gross Concession Profit 602.51 1,134.31
Other Operating Income
Ride Income 5,278.60 15,539.60
Interest Income 151.82 1,171.90
Total Other Oper. Income 5,430.42 16, 711.50
---
Gross Income 6,032.93 17,845.81
---- ----
Operating Expenses
Accounting 105.90 396.60
Key Club Program 545.00 1,321.80
Fuel 87.47 132.33
Insurance .00 2,536.81
Interest 5,919.85 6,005.65
Over & Short . 00 (1.10)
Repairs & Maintenance 1,334.28 2,676.68
Supplies 3.12 263.56
Taxes - Payroll - 00 14.61
Telephone 53.14 355.75
-----
Total Operating Expense 8,048.76 13, 702.69
*---
Unaudited - See Accountant's Compilation Report - Olson, Brammer & Spinardi Kiwanis of Greater Merced
Kiddie Land
Income Statement
For the period ending August 31, 1992
Current-Period Year-to-Date
Amount Amount
---- -----------
Income From Operations $ (2,015.83) $ 4,143.12
Other Income
Total Other Income $ • 00 $ . 00
Net Income $ (2,015.83) $ 4, 143.12
Gross Concession Profit
Allocation to Kiwanis 1,167.31 $ 1,167.31
-..-
Kiddie Land Income (3,183.14) $ 2,975.81
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Unaudited - See Accountant's Compilation Report - Olson, Brammer & Spinardi