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HomeMy WebLinkAboutVillage of Cayuga Heights - Info Needed.pdfVILLAGE OF CAYUGA HEIGHTS Taxable Assessed Values Fiscal Years Ending May 31: 2008 2009 2010 2011 2012 Assessed Valuation $ $ $ $ $ New York State Equalization Rate 85.00% 100.00% 100.00% 100.00% 100.00% Full Valuation $ $ $ $ $ Tax Rate Per $1,000 (Assessed) of the Village: Fiscal Years Ending 2008 2009 2010 2011 2012 May 31: General $ $ $ $ $ Any others as applicable: Ten Largest Taxpayers – Most recent Assessment Roll of the Village: Estimated Full or Name Type Assessed Valuation 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Litigation The Village is subject to a number of lawsuits in the ordinary conduct of its affairs. The Village does not believe, however, that such suits, individually or in the aggregate, are likely to have a material adverse effect on the financial condition of the Village. There is no action, suit, proceedings or investigation, at law or in equity, before or by any court, public board or body pending or, to the best knowledge of the Village, threatened against or affecting the Village to restrain or enjoin the issuance, sale or delivery of the Bonds or the levy and collection of taxes or assessments to pay same, or in any way contesting or affecting the validity of the Bonds or any proceedings or authority of the Village taken with respect to the authorization, issuance or sale of the Bonds or contesting the corporate existence or boundaries of the Village. Please advise if otherwise: Details of Outstanding Indebtedness The following table sets forth the indebtedness of the Village evidenced by bonds and notes as of July 14, 2012. Purpose: Maturity: (MM/DD/YY) Amount Bonds: Water $ 0 Sewer 0 General 2012-2030 2,163,211 State Loans 0 Bond Anticipation Notes: Water Lines ? $ ? Fire Truck ? ? Total Indebtedness $ 163,100 Please update or correct above section as needed: Other Post-Employment Benefits: The Village has had the GASB 45 Actuarial Valuation completed by _______________. As of May 31, 2012, the report shows the total actuarial accrued liability (AAL) at $________________, all of which was unfunded. The Village is on a pay-as-you-go basis with respect to their liability. The Village’s total Net OPEB Obligation as of May 31, 2012 was $_______________. Additional information can be obtained by contacting the Village. Or, the Village has hired an actuary and expects to be in compliance with GASB 45 on or after _______________ Or, the Village does not have any Other Post-Employment Benefit Liability.