BOARD OF HEALTH PUBLICATION SHEET – COTTON COUNTY, OKLAHOMA

PUBLIC NOTICE
(Published in The Walters Herald
October 3, 2024)

BOARD OF HEALTH PUBLICATION SHEET – COTTON COUNTY, OKLAHOMA
FINANCIAL STATEMENT OF THE VARIOUS FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024, AND ESTIMATE OF NEED FOR THE FISCAL YEAR ENDING JUNE 30, 2025, OF THE GOVERNING BOARD OF COTTON COUNTY, OKLAHOMA

EXHIBIT “Z”
STATEMENT OF FINANCIAL CONDITION HEALTH FUND
AS OF JUNE 30, 2024

Detail

ASSETS:
Cash Balance June 30, 2024: $158,342.39
Investments:
TOTAL ASSETS: $158,342.39

LIABILITIES AND RESERVES:
Warrants Outstanding: $1,136.76
Reserve for Interest on Warrants:
Reserves From Schedule 8: $11,805.00
TOTAL LIABILITIES AND RESERVES: $12,941.76

CASH FUND BALANCE (Deficit) June 30, 2024: $145,400.63

ESTIMATED NEEDS FOR FISCAL YEAR ENDING JUNE 30, 2025

GENERAL FUND HEALTH FUND SINKING FUND BALANCE SHEET SINKING FUND
Current Expense: $250,269.22

  1. Cash Balance on Hand June 30, 2024: $
  2. Legal Investments Properly Maturing: $
  3. Judgements Paid to Recover by Tax Levy: $
  4. Total Liquid Assets: $
    Total Required: $250,269.22

FINANCED
Cash Fund Balance: $145,400.63
Estimated Miscellaneous Revenue: $
Total Deductions: $145,400.63
Balance to Raise from Ad Valorem Tax: $104,868.59

ESTIMATED MISCELLANEOUS REVENUE
1000 Charges for Services: $
2000 Local Sources of Revenue: $
3000 State Sources of Revenue: $
4000 Federal Sources of Revenue: $
5000 Miscellaneous Revenue: $
6111 Contributions from Other Funds: $
Total Estimated Revenue: $

Judgements and Interest Levied for/Unpaid: $

  1. f. Judgements and Interest Levied for/Unpaid: $
  2. Total Items a. Through f.: $
  3. Balance of Assets Subject to Accruals: $
    Deduct Accrual Reserve If Assets Sufficient
  4. g. Earned Unmatured Interest: $
  5. h. Accrual on Final Coupons: $
  6. i. Accrued on Unmatured Bonds: $
  7. Total Items g. Through i.: $
  8. Excess of Assets Over Accrual Reserves: $

SINKING FUND REQUIREMENTS FOR 2024-2025

  1. Interest Earnings on Bonds: $
  2. Accrual on Unmatured Bonds: $
  3. Annual Accrual on “Prepaid” Judgements: $
  4. Annual Accrual on “Unpaid” Judgements: $
  5. Interest on Unpaid Judgements: $
  6. Annual Accrual From Exhibit KK: $
    Total Sinking Fund Requirements: $
    Deduct:
  7. Excess of Assets Over Liabilities: $
  8. Surplus Building Fund Cash:
    Balance to Raise By Tax Levy: $

EXHIBIT “Z”
If line 12 is less than line 16 after omitting “h” deduct the following SINKING
each in turn from line 4, “Total Liquid Assets.”
13d. j. Unmatured Coupons Due 4-1-2025: $
14d. k. Unmatured Bonds So Due: $
15d. l. Whatever Remains is for Exhibit KK Line E: $
16d. Deficit as Shown on Sinking Fund Balance Sheet: $
17d. Less Cash Requirements for Current Fiscal Year in Excess of Cash on Hand (From Line 15d Above): $
18d. Remaining Deficit is for Exhibit KK Line F: $

CERTIFICATE – GOVERNING BOARD
STATE OF OKLAHOMA, COUNTY OF COTTON, ss:
Said County, begun at the time provided by law for Counties and pursuant to the provisions of 68 O. S. 1991, the foregoing statement was prepared and is a true and correct condition of the Financial Affairs of said County as reflected by the record of the County Clerk and Treasurer. We further certify that the following estimate for current expenses for the fiscal year beginning July 1, 2024, and ending June 30, 2025, as shown are reasonably necessary for the proper conduct of the affairs of the said Board of Health, that the Estimated Income to be derived from sources other than ad valorem taxation does not exceed the lawfully authorized ration of the revenue derived from the same sources during the preceding fiscal year.

/s/ Elizabeth Crew
Chairman of Board
/s/ Chris Lipscomb
Member
/s/ Joseph Schappert
County Clerk

(SEAL)

Subscribed and sworn to before me this 23rd day of September, 2024.
/s/ Julie Williams
Notary Public

Required to be published in a legally-qualified newspaper in the County.
S.A.&I. Form 2631R97
Entity: Board of County Health, Cotton County



Walters, Oklahoma Weather Forecast

Recent Posts


Want to Subscribe to Walters Herald?

Click here!

Inquire About Online Classified Ads!