HomeMy WebLinkAboutTreasurer's Report 10/18/2004October 18, 2004
Village of languga RogI2ts
MARCHAM HALL
836 HANSHAW ROAD
ITHACA, N.Y. 14850
TREASURER'S REPORT
Telephone
607. 257.1238
Office Hours
9 A.M. - 4 P.M.
1. Abstract has been distributed for this meeting. Financial reports for September have been
distributed electronically. A limited number of copies are available at the meeting.
2. Bonding. The bonds for the ladder truck were issued on September 28. With the trade -in,
and down payments from the Village and Town, the final amount financed was $270,000,
which will be repaid over a five year period. The bonds were sold to Tompkins Trust
Company, and have an interest rate of 2.8 %.
3. Annual Audit. Field work for the annual audit begins tomorrow. The auditors Will expand
their inquiries this year, including questions to the Board of Trustees and Village employees.
These questions are to enhance the ability of auditors to identify fraud.
4. Transfers. RESOLUTION REQI
RESOLVED to approve the tr
From:
4No transfers required this month.
5.
dated 10118/2004 as
Amount
Approval of Abstracts. RESOLUTION REQUIRED
.RESOLVED to approve, the Abstractof Audited:.Vouchers.Dated ;10/_18/2004 in the amount :•
$ 874, 328: 81;' artd 'lilstiuctthatttie,Treasuier mdke payment0hereon
ectfully submitted,
Je rey Silber
Treasurer
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