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EXHIBIT 2015-036b
VILLAGE OF CAYUGA HEIGHTS
TREASURER’S REPORT
August 11, 2014
1. Bank Balance as of July 31, 2014
Consolidated Checking $1,279,858.06
Consolidated Savings $2,861,652.06
Trust & Agency $ 6,841.89
$4,148,352.01
2. Audit:
a. The NYS Office of the State Comptroller began its audit focusing on the Village’s Financial Condition
and Budget Practices on June 30, 2014 and is ongoing.
b. The Village’s external audit, conducted by CDLM, is scheduled to begin September 30, 2014.
3. Budget:
The Finance Committee met to review FYE2014 Budget Adjustments prior to completion of the year-end
close and completion of the Annual Update Document (AUD).
BE IT RESOLVED THAT: Fiscal yearend Budget Journal entries for FYE2014 consisting of General
Fund (A) entries 210-338, Water Fund (F) entries 042-053, Sewer Fund (G) entries 059-098, and Capital
Fund (H) entries 018-021 are approved for inclusion in the Village of Cayuga Heights Annual Update
Document to be submitted.
4. Bond and BAN Financing:
a. No activity this month
5. Transfers:
a. During the month of July 2014, $129,943.27 was transferred from Consolidated Fund checking to
Trust & Agency for payroll, 75% of the retiree healthcare premium, and payroll processing fees.
b. On July 22nd $1,000,000 in property tax receipts was transferred from Consolidated Fund checking
to Consolidated Fund Savings
6. Revenues & Expenditures - July:
a. Total Deposits and Credits - $609,451.33
b. Total Checks and Debits - $1,456,535.95
7. Current Expenses:
Unaudited Abstract #3 dated August 11, 2014: as distributed.
8. Approval of August Abstract:
BE IT RESOLVED THAT: Abstract #3 for FYE2015 consisting of Trust and Agency vouchers 13 – 21 in
the amount of $16,127.65 and Consolidated Fund vouchers 102 - 183 in the amount of $166,449.31 is
approved and the Treasurer is instructed to make payments thereon.
Respectfully submitted,
Joan M. Mangione
Village Treasurer