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Page Six <br />November 30, 1987 <br />Mr. Bennett <br /> <br /> TOTAL <br /> <br />Wastewater System Plant <br /> General construction <br /> costs $69,829 x-12.5% x 16,66% = $ 1,454 <br /> Overhead(l) 13,703 x 16.66% = 2,284 <br /> <br />Irish Buffalo Interceptor <br /> Overhead(l&2) 500 x 100,00% = 500 <br /> <br />Other Interceptors <br /> General construction <br /> costs(2) 11,524 x 12.5% = 1,141 <br /> Engineering & design(l&2) 1,056 x 100,00% = 1,056 <br /> Land and easements(l&2) 7,795 x 100.00% = 7,795 <br /> <br /> $14,530 <br /> <br /> (1) Not grant eligible therefore total cost <br /> shared by local participants <br /> <br /> (2) County to pay entire local share <br /> <br />As indicated in the preceding analysis, the detailed cumulative <br />schedule used as a basis for the final allocation among local <br />participants was correct with regard to the difference you <br />noted for 1985. Based on the work we have performed, we have <br />found the detailed schedule to be accurate while there were <br />classification errors on the income statements, primarily due <br />to using straight local participants percentages on the income <br />statement without regard for items which were not grant <br />eligible resulting in understating local participants shares. <br />Identifying the source of differences in earlier years would <br />require a significant amount of time to search through old <br />records. We hope you will accept the 6/30/85 detailed <br />cumulative schedule as representing accurate allocations ~f <br />participant costs. All Fund general ledgers and cash <br />receipts/disbursements records are available should you desire <br />to review them. <br /> <br /> <br />