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To,: Stevie Sarkozy <br />City, Manager <br />From,* Ed Burrell <br />01 <br />Finance D6' <br />a <br />Ne Rosetown Legio-on lslimmilii,� <br />.M <br />The Riosetown Legion is requestingi renewal of its charitable <br />gambling licensie. Below is a financial, summa37Y for the reporting <br />Period of January through September of 1989. <br />Cash Balance on Hand 1/1/89 <br />GrossSales from Raffles, <br />Tia pbloard,s , Pulitiabs If interest $21,04517264,73 <br />0 <br />rile,sis prizes 16703,56lv5O <br />Net proceeds $ 342,165*23 <br />Emniens le- ss <br />City S 1 <br />3,t421,,65 <br />Ga=.Ling tax <br />410*24 <br />Pulltab tax <br />33 519. 40 <br />Fed,,. Excise tax <br />5 16 7, 06 <br />Goods used <br />33,173oO3 <br />Compens, at, ion. <br />28,657-691 <br />utilities <br />13,227*26 <br />EIVEI <br />Ipment, <br />—1x <br />Total Expenses $,1191,11,35,10 <br />1 <br />Lawful donations $1 ' ' # 0 0 6 6. 0 0 <br />Niet Proceleds afteri expenses, and Liaw,ful Donations <br />Carry-over Balance as of 09/30/Z <br />0, 74 r 729 e 14 <br />$ 460,024ol3 <br />$120,753*27 <br />As of this reporting pleriod, the applicant is within the 45/55 <br />"I <br />reL uirement for elx,peinse,s and donati'Lonis In addition, it does <br />4 a <br />appear the applicant, has devoted at least 10% of its donations to <br />benefit, the citizens of' Roseville directly. Copies of their <br />Schiedule C"s are attached. <br />