The Texas Standard, Volume [39], Number [5], November-December 1965 Page: 12
19 p. : ill. ; 29 cm.View a full description of this periodical.
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AUDIT REPORT
SUBLETTE, RAMSEY, RAMSEY & FEHR
Certified Public Accountants
Perry Brooks Building
Austin, Texas 78701
October 20, 1965
Executive Committee
Teachers State Association of Texas
Austin, Texas
Mesdames and Gentlemen:
We have examined the balance sheet (cash basis) of the Teachers State
Association of Texas, Austin, Texas, as of August 31, 1965, and the related
statements of cash receipts and disbursements for the year then ended. Our
examination was made in accordance with generally accepted auditing stand-
ards, and accordingly included such tests of the accounting records and such
other auditing procedures as we considered necessary in the circumstances.
These statements have been prepared on a cash receipts and disbursements
basis and therefore do not purport to present financial position and results
of operations as they would have appeared had generally accepted accrual
basis accounting principles been applied in their prepai-ation.
In our opinion, the data set forth in the accompanying balance sheet (cash
basis) at August 31, 1965, and the related statement of cash receipts and
disbursements for the year then ended have been fairly summarized on the
basis indicated.
SUBLETTE, RAMSEY, RAMSEY AND FEHR
(signed)
Sublette, Ramsey, Ramsey & Fehr
BALANCE SHEET
TEACHERS STATE ASSOCIATION OF TEXAS-
August 31, 1965
ASSETS
Current Assets
Cash
Petty Cash
American National Bank:
Available Fund $ 1,583.54
Emergency Fund—Savings 10,588.53
Permanent Fund—Savings 465.10
Austin National Bank—Maintenance Fund
City National Bank—Welfare Fund
Austin Savings & Loan Association—
Welfare Fund
Mutual Savings Institution—Welfare Fund
Standard Savings & Loan Association—
Welfare Fund
Fixed Assets At Cost
Land
Building
Building Equipment
Furniture
Office Equipment
Other Assets
Deposit—Braniff Airways
Liabilities and Net Worth
Current Liabilities
Notes Payable
American National Bank
Austin Savings & Loan Association
Net Worth
Surplus—August 31, 1965
Available Fund
Welfare Fund
Permanent Fund
Emergency Fund
-AUSTIN, TEXAS
7.97
12,637.17
701.28
1,322.89
9,787.98
9,732.00
1,749.49 $ 35,938.78
F 6,292.40
20,350.68
1,596.81
2,485.54
8,712.08
39,437.51
425.00
$ 75,801.29
$ 6,500.00
6,000.00
$29,655.30
22,592.36
465.10
10,588.53
$ 12,500.00
63,301.29
$ 75,801.29
NEA Membership
As of November 27, 1965
Sweeny 5
West Columbia 1
A & M Consolidated 11
Bryan 60
Anahuac 19
Galveston 174
La Marque 12
Silsbee 20
Hardin Jefferson 17
Aldine 11
Galena Park 26
Goose Creek 1
Houston 67
Gladewater 7
Kilgore 2
Longview 19
Marshall 41
Greenville 1
Palestine 25
Lufkin 21
Texarkana 63
Hamlin 1
Fort Worth 10
Terrell 1
Dallas 32
Irving 1
Holy 1
Waxahachie 8
Denison 8
Sherman 25
Bier Spring 13
Midland 2
Snyder 2
Lamesa 1
Seguin 1
Kerrville 6
San Antonio 68
Huntsville 5
Hempstead 5
Royal 1
Brenham 1
Beaumont 126
Port Arthur 30
South Park 115
Leon County 3
Oakwood 9
Montgomery 2
Orange 85
Teachers State Association of Texas 1
Huston-Tillotson College 4
Jarvis Christian College 2
Paul Quinn 2
Prairie View A&M 11
St. Phillips 1
Texas College 3
Texas Southern University 4
Floydada 7
Lubbock 1
Victoria 18
Wharton 1
Lamar 6
Edna 1
Calhoun 2
Columbus 3
Eagle Lake 8
Corsicana 86
Calvert 6
Hearne 1
Austin 10
Mexia 26
McLennan County 2
La Vega 1
Waco 178
Cameron 2
Bastrop 1
Temple 66
Marlin 1
Rosebud 3
Hill County 1
Hillsboro 11
Amarillo 64
Childress 7
Pampa 8
(Continued on Page 13)
TEXAS STANDARD
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McDaniel, Vernon. The Texas Standard, Volume [39], Number [5], November-December 1965, periodical, November 1965; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth193827/m1/12/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Prairie View A&M University.