Fiscal Year 1971 ORVIS M. KEMP
CERTIRED PUBLIC ACCOUNTANT
615A UNITED STREET
KEY WEST, FLORIDA
MONROE COUNTY MEACHAM AIRPORT
KEY WEST, FLORIDA
AUDIT REPORT
SEPTEMBER 30, 1971
0111U0E COUNTY MAtIW4 AIRPORT
BE UEgUT
LEnten fU. N71
ORVIS M. KEMP. C.P.A.
ORVIS M. KEMP
CERTIFIED PUBLIC ACCOUNTANT
AUDITS-SYSTEMS -TAXES
KEY WEST,FLORIDA
April 78. 1972
Nerd of County Cameisaiaean
Nears* County
Key Vest, floride
Gentlemen:
Ye have smamined the Seldom Sheet of the NaenMa Airprt
as of September 10. 1971 and the related Statements of Receipts
and Sapendlturos for the fiscal year then aided. Our examination
as minis in accordance with Omamily accepted auditing pro-
cedures which re considered necessary.
in our opinion, the accaspenyQg Saloum Sheet and State-
ments of Receipts sad Spsadituns fairly pretest the financial
condition of the Neache Airport es of September 10. 1971, and
the results of Its operation* for the fiscal year then aided,
la conformity with ;_-rally accepted accounting principle
applied on a basis aaietent with that of previous yeas.
Respectfully svKitted,
Orris N. Kemp. C.P.A.
MARS COUNTY MIACNAN AIRPORT
KEY WEST. FLOKIOA
SAIANCI SMUT
SI►TEMSIA 30. 1971
"
wsIM
whim Rum
Airport A emus Fund 5 45,569.57
Airport Operation a IMlaterms Food 20,454.53
Airport 0/volepnwt I hoploserst Fund 10,230.07
Airport Intent & finalise Find - " Series 1955" 011,5N.03
Airport latent I Slaking Fled - " Series 1356" 1,445.00
Airport Anent Fund - "Penn 1936" 40.04f.Bf
$ 196.337.90
ry2b AftfTf
Airport Termiesl 0utldiq $ 595.880.91
Airport 0wnnys S7$,114.N
Fire Fighting Apparatus t5.211.00
I.1B7a%L.41
TOTAL Affm • t.Lf.zw.f7
LIABILITIES AN0 SVUM
SIABILITIED
Airport Assn 'sods - "Series 1955" - 3.7% f 171,000.00
Airport Aeventa pods - "Soria 1956" - 4.25% 01,000.00
Intent Aesrud - "Series I9S5" Bends 2.109.00
intent Merged • "Series 190" Bends BLI.ff
$ 242.072.33
- AUDIS FBA SBFM[CIATION
Airport Termini Building $ 194,617.0
Airport Men+Ys 190,346.76
Fire Fighting Apparatus 11.211.00
M2.145.39
EMI 742.601.0
TOTAL LIABILITIES Air SENFLN S I.I1S.2M.I7
ORVIS M. KEMP. C.P.A.
1NN ROE COUNTY stAClnit AIRPORT
flY MOST. FLORIDA
STATEMENT OF RECEIPTS AMO EXPENDITURES
Warn
OMER 1. 19111 TO SEP►tSR ce. 1471
giftfrprt OPerettens
AirlIn Pees end Rentals $ 1%115.3R
Perking Let 1.067.21
Y-Oriw.it teas. 17.011.14
Concessions 11.414.j2
Interest .n $ �.�•S1
Nisl lenews�atu 7.Ns.»ce
Total Receipts $ A.A.4.*
�ratiens
Salaries $ 21.2US.61
IYtcklai Fends - Social Sow►Ity
end Patsies l.lp.7.
Ytt I I ties iO.66S.14
Inures* 10.$2.00
Relates 4,165.54
Mlecell.news 5.1.5.7E
Service - Al rport Casuist 0.000.01
Refired of Performance Sand t.1lC.M
$ 64,592.69
Interest Paid
Series 1955 Reverse Sends $ 7.JSl./.
Series 1951 Revenge Sends Sit
10,142.00
—ib..nari.ads Redeemed
Series 1955 $ 15.101.00
Series 1951 E.SSO.a
San
gralatlikatin $ 09.641.77)
te.DEE.l4
$ET INCASE IN FUNDS FOR TIE FISCAL YEAR l tt_ a at
ORVI6 M. KEMP. C.P.A.
MINIM COUNTY MINO AN AIRPORT
my WEST. FLORIDA
ANALYSIS OF RSCSIF1l AND DISOONSIMIITS
IrAcs AIMFORT aSMORR R NO
OCTOOSR I. 1170 TO S nvw SO. 1171
MIANOO IN FOND OOTOIOR 1. 1120 $ M.104.6$
AISSIM
Mis Trask Monies $ 39.754.04
Intro Distribution 11.110.24
Intent on Time Deposits 1.100.00
Airline Fees end Rentals 19.191.74
Perkins Let Rsesips 1.047.20
W-Drin-it Lens 17.012.24
Cassettes and Losses 22.111.72
Miscellaneous 1i.f6
Satan
$ 159.606.57
MAIM
Transfer to Airport Operation i Nslntsmsnaa Fund $ 70,711.00
Transfer to Interest i Simkins Fend - "Series 1912" 22.212.00
Transfer to Interest and Slaking Fend • "Series 19f6" 11.060.00
11�Jf7.O0
JASANtU IN FOND 11PT11 SLR 10. 1171 S SS.S*S_SY
swat IN RN! NILO Al FOLLOWS
Cash in Noy West Sus Sank $ 25.549.57
Time Deposit at Florida First Notlessl OMuk >e.DeD.Oe
l kSS
ORVIS M. KEMP. C.P.A.
ins COUNTY NMCINN AIRPORT
KIT MIST. MAIM
AMLTfhS W tuttlPTI AIS1 Oihleffllga
OPEMTIOM ANO MINTEN$NCI PIfl
OCTORU I. 1970 TO fp11NRf 10. 1171
'MANGE IN fall MOON 1. IWO $ 14.322.22
MUM
Treaters frs Airport Re s Pus Wts,h
$ 16,M7.22
MESIIIMItt
fshries aad Mass $ 26,125.61
Trawl end Auto Allsuaae 072.33
IMtflhs0 Fade • Soslol sanity end females 2.H3.78
Inaurcaw sod Seeds 10.1t2.00
Cesemlattems 144.06
Malt ROOM
*files Supplies mod Expenses 412.111
Oaslles. lariats, ots. 1$6.60
Nalnteassa - OulIdle, 2,262.9$
Neletsassse - Equipment 1,561.16
Meleteaenee - Omit 3h1.24
lemmas 314.69
Utilities 10.663.11
Other Supplies 110.30
Ssnisa -Airport Csaultaut 6.000.00
Cemtrssad Writes 3$0.00
Purdao sf E*uipeat 320.60
Peplos Meats fees 237.30
Refold of Perfernaae Sands 1.12s.M
i4.s12.h
MMNCE IN PM SIf 1Nlfl 10. 1171 11•1141142141
ORVIS M. KEMP. C.P.A.
MONROE COUNTY MEADOW AIRPORT
REY WEST. FLORIDA
ANALYSIS OF RECEIPTS AND DISBURSEMENTS
pIYELOPM[NT AND REPLACEMENT FUND
SCTOUR 1. 1970 TO SE►TEMEER 30. 1971
SALANCE IN FUND OCTOBER 1.1970
$ 9444.54
RECEIPTS
Interest on Thee Deposits $ 275.00
Refunds Prior Years 19.41
294.43
$ 10,238.97
DISOURSEMENTS
SALANCE IN FWD SEPTUM* 30. 1971 S t0_1!I=
SALANCE IN FUNNY HELD AS FOLLOWS
Cash In Rey West State Sank $ 5,250.97
Tian Deposit, Key West Stets Bank 5.000,00
ORVIS M. KEMP. O.P.A.
NOME COUNTY IO?ACNY. AIMOST
KEY NEST. FLORIN
ANALYSIS OF RECEIPT! AND DISBURSEMENTS
INTIItsi me SINNING AEI! - wits Ills"
WORM 1. 1170 TO UPTIISUR TO. 1171
BAIINICI IN FUND OCTOOER I. tin $ 7$.ilt.SO
Tnnofer from Airport Remus Fend $ T2.252.00
Waren on Investments 4.114.51
fI.M0.3T
i 112.132./5
-Intsroot-Rai so Not $ 7.252.00
Ro4gclen of Sonde BaataMing lS.000.00
ft.l3l.M
MLANCE IN NON SEFTMNO[R TO. 1171 !
SSW
MIMICS IN ItL1 AS f0iIa
Cosh $ 7,173.70
O.S. Treasury 11110 7f_MaB,lS
Deena
Y.S. TREASURY BILLS
S75.000.00 Owe II/mo/71 S n_iK_!s
ORVIS M. KEMP. C.P.A.
AM COUNTY MCORP AIRPORT
pity MOST. FLORIDA
Alan l a llegpT, As NOrrlrr t
INTUOfTJlrt NOUNS RAW - tin IMP
flu I. 1170 TO UPTONR 10. 1171
MANCE IN MO OCT00NN I. IMO $ 1.415.00
Trnunhr fret Airport Rovaaoo Penal fi.ea.le
$ 12.05.00
Sn
Interest Feld an lands $ 1.100.00
Redemption of Bonds Outstanding 0.000.00
-LLAMA
IAMANCE IN fONO SIPTNNINS 10. 1071
ORVIS M. KEMP. C.P.A.
,ini E COUNTY MOM AIRPORT
AST WEST. FLORIDA
ANALYSIS OF RECEIPTS AM OISPIMpINT$
RUM MINOS RESERVE PINS - "MISS 11J%"
MCTONIS 1. 11T0 TO SIPTEINER A. 1111
OALANCS IN IMO OCTOPI* 1. 111p $ 37,S73•71
Interest en Invsstesets SAR.AS
IALANCE IN ONO UPTOWN* 10. 113t S a_at
IMAM IN PIMA N ILO AS POLLMM
Cash $ 03S.SS
Securities SLIM
I NSA
140.0PP.P0 W.S. Treasury /Ills
Ow 11/10/71 Cost • 97.SYS S t1ja_es
ORVIS M. KEMP. C.P.A.
NNROO COUNTY MEACHAM AIRPORT
KIT VEST. FLORIDA
wNnrED DnT
;IPTENDIR 30. 11171
AIRPORT wan ROINIS . HOERIES 41SOM
Stain Mn
JAM 1. 1972
1973 a 20.000.00
1974
E7.000.r
1973 11,000.09
IWO
29.000.00
1977 30.000.00
f1.Or.r
TOTAL 0 19, 0i
AIRPORT OOVI*II ONO, . SRAM 1490M
INTEREST Mn 441S1
1OITUOITY Mn
A"' I. 197E $ /,000.eo
1
9.000.00
I.S.O.
199 K 19,11011.110
1977 10.900.00
197$ 11,000.00
ORVIS M. KEMP. O.P.A.
_..v_ .. -__W__
di
A n
gas 989
46
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