PUBLIC NOTICE
(Published in The Walters Herald
October 3, 2024)
EMERGENCY MEDICAL SERVICE 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: $243,765.73
Investments
TOTAL ASSETS: $243,765.73
LIABILITIES AND RESERVES:
Warrants Outstanding: $8,000.00
Reserve for Interest on Warrants
Reserves From Schedule 8: $
TOTAL LIABILITIES AND RESERVES: $8,000.00
CASH FUND BALANCE (Deficit) June 30, 2024: $235,765.73
ESTIMATED NEEDS FOR FISCAL YEAR ENDING JUNE 30, 2025
GENERAL FUND HEALTH FUND SINKING FUND BALANCE SHEET SINKING FUND
Current Expense: $365,661.14
- Cash Balance on Hand June 30, 2024: $
- Legal Investments Properly Maturing: $
- Judgements Paid to Recover by Tax Levy: $
- Total Liquid Assets: $
FINANCED
Cash Fund Balance: $235,765.73
Estimated Miscellaneous Revenue: $8,893.18
Total Deductions: $244,658.91
Balance to Raise from Ad Valorem Tax: $121,002.23
ESTIMATED MISCELLANEOUS REVENUE
- Charges for Services: $
- Local Sources of Revenue: $
- State Sources of Revenue: $35.95
- Federal Sources of Revenue: $102.00
- Miscellaneous Revenue: $8,755.22
- Contributions from Other Funds: $
Total Estimated Revenue: $8,893.18
Judgements and Int. Levied for/Unpaid:
- a. Past-Due Coupons: $
- b. Interest Accrued Thereon: $
- c. Past-Due Bonds: $
- d. Interest Thereon After Last Coupon: $
- e. Fiscal Agency Commissions on Above: $
- f. Judgements and Int. Levied for/Unpaid: $
Total Items a. Through f.: $
Balance of Assets Subject to Accruals: $
Deduct Accrual Reserve If Assets Sufficient: - g. Earned Unmatured Interest: $
- h. Accrual on Final Coupons: $
- i. Accrued on Unmatured Bonds: $
Total Items g. Through i.: $
Excess of Assets Over Accrual Reserves: $
SINKING FUND REQUIREMENTS FOR 2024-2025
- Interest Earnings on Bonds: $
- Accrual on Unmatured Bonds: $
- Annual Accrual on “Prepaid” Judgements: $
- Annual Accrual on “Unpaid” Judgements: $
- Interest on Unpaid Judgements: $
- Annual Accrual From Exhibit KK: $
Total Sinking Fund Requirements: $
Deduct: - Excess of Assets Over Liabilities: $
- 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.”
- j. Unmatured Coupons Due 4-1-2025: $
- k. Unmatured Bonds So Due: $
- l. Whatever Remains is for Exhibit KK Line E: $
- Deficit as Shown on Sinking Fund Balance Sheet: $
- Less Cash Requirements for Current Fiscal Year in Excess of Cash on Hand (From Line 15d Above): $
- Remaining Deficit is for Exhibit KK Line F: $
CERTIFICATE – GOVERNING BOARD
STATE OF OKLAHOMA, COUNTY OF COTTON, ss:
We, the undersigned Emergency Medical Service Board of Cotton County Oklahoma, do hereby certify that a meeting of the Emergency Medical Service Board of the said County, begun at the time provided by law for Counties and pursuant to the provisions of 68 O. S. 3002, the foregoing statement was prepared and is a true and correct condition of the Financial Affairs of said Emergency Medical Board as reflected by the record of the Clerk and Treasure. We further certify that the foregoing 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 Emergency Medical Service Board, that the Estimated Income to be derived from sources other than ad valorem taxation does not exceed the lawfully authorized ratio of the revenue derived from the same sources during the preceding fiscal year.
/s/ Pete Tolluh
Chairman of Board
/s/ Tara Brown
Member
/s/ Julie Hooker-Kyle
Member
Attest /s/ Joseph Schappert
County Clerk
(SEAL)
Subscribed and sworn to before me this 23rd day of September, 2024.
/s/ Deborah S. Connely
Notary Public
Required to be published in a legally-qualified newspaper printed in the County.
S.A.&I. Form 268BR98 Entity: Cotton EMS Board, 17
