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Home My WebLink AboutTreasurer's Annual Report 2/16/1974h I • • V I L L A G E O F C A Y U G A H E I G H T S A N N U A L M E E T I N G February 26, 1974 TREASURER'S REPORT TO TAXPAYERS SHOWING RECEIPTS AND EXPENDITURES FOR ALL FUNDS FOR THE PERIOD June 1, 1973 through January 31, 1974 ALSO REPORT OF OUTSTANDING Respectfully submitted, Gordon B. Wheeler Village Treasurer FOR THE EIGHT MONTHS June 1, 1973 through January 31, 1974 8 months • CASH POSITION OF ALL FUNDS Budget Actual Balance RECEIPTS 25,500 11,905 Bank Property .Taxes Balance Receipts Expenditures Balance General 5/31/73 8 Months 6-,7'g 8 Months •202,621.60 1431/74 Fund 76'651.12 282,03 387,895 156'066.30 Sewer Disposal & Maintenance 85,137.21 124,279.45 84,428.49 124,988.17* Sewer Lines Extension 406.26 26,550.05 26,987.50 '58.81 Water Improvements 73.24 8,475.64 8,515.00 33.88 Capital Construction (Sewer Plant) 427,642.17 1,121,752.74 1,211,272.80 338,122.11* Trust & Agency 12,080.42 15,904.93 16,598.41 11,386.94* Water & Sewer Capital %4serve(S.A.) 3,716.15 414.47 -0- 4,130.62 Street Improvement (S.A.) 7,621.05 44.24 -0- 7,665.29 Fire Dept. Equipment (S.A.) 32,618.00 1,030.16 2,000.00 31,648.16 Tax Stabilization Fund (S.A.) 1,637.45 42.88 -0- 1,680.34 Sidewalk District -0- 5,704.13 5,724.20 -20.07 Federal Revenue Sharing Fund 16,867.36 28,863.62 5,743.35 23,120.27 *' * Much of these funds are temporarily invested for interest income (S.A.) = Savings Accounts ACTIVITY GENERAL FUND EIGHT MONTHS EXPENDITURES General Government 12 months 8 months Budget Public Safety (Police) Budget Actual Balance RECEIPTS 25,500 11,905 13,595 Property .Taxes 161,814 159,998 1,816 Other Receipts 213,824 122,039 91,785 Surplus 12,257 76 651 64,394 cr TOTALS 387,895 358,688 29,207 EXPENDITURES General Government 49,905 30,806 19,099 Public Safety (Police) 79,640 49,892 29,748 Fire Department 25,500 11,905 13,595 Streets, Sanitation, Snow Removal, Water 133,531.. 83,142 50,389 General 81,914 23,877 58,037 Debt Retirement 17,405 3 000 14,405 TOTALS 387,895 202, 2�2 185,273 ACTIVITY OF SEWER DISPOSAL & MAINTENANCE FUND EXPENDITURES 12 months, 8 months Budget Sewer Lines System Budget Actual Balance RECEIPTS 58,775 27,359 31,416 Sewer Rentals 115,973 115,534' 439 Other Receipts 4,500 8,746 4,246cr Surplus 13 710 85 13 71 427cr TOTALS 13�i183 20� 75,234cr EXPENDITURES Sewer Lines System 36,400 32,896 3,504 • Disposal & Maintenance - Plant 58,775 27,359 31,416 General 31,008 16,173 14,835 Debt Retirement TOTALS 8 000 13 ,183 8 00�0 t34,42tl- -0- 49,755 -2- Bond Anticipation Notes - Fire Hall 62,275 4/30/74 (112) Sidewalk District FOR THE EIGHT MONTHS 11/12/74 Sewer Plant Expansion June 1, 1973 - January 31, 1974 2/25/74 03) ACTIVITIES OF SEWER LINES EXTENSION - ASSESSMENT FUND (will be Equipment Note 12 months 8 months Budget 1,221,920 Budget Actual Balance RECEIPTS N2 - $8,275 will be paid off by 4/30/74 Assessments 25,472 25,205 267. Other Receipts 1,345 1,345 -0- Surplus 81 406 3ncr TOTALS 26,898 26,956 58cr EXPENDITURES Interest 7,898 7,897 1 Debt Retirement 19,000 192'20 -0- TOTALS 26,898 26,897 1 ACTIVITY OF WATER IMPROVEMENTS - ASSESSMENT FUND 12 months 8 months Budget Budget Actual Balance RECEIPTS Current Assessments 8,476 8,476 -0- Surplus 39 73 34cr TOTALS 8,515 3- +r EXPENDITURES Interest 3,515 3,515 -0- Debt Retirement 5,000 5,000 -0- TOTALS 8,515 8,515 -0- DEBT POSITION OF VILLAGE January 31, OF CAYUGA HEIGHTS 197 Amount To Be Paid B.y Serial Bonds - Fire Station 3,000 1/15/75 Serial Bonds - Sewage Treatment Plant 133,000 1/15/86 Serial Bonds - Sewage Collection Lines 224,000 1/15/86 Serial Bonds - Water System Improvements 90,000 7/1/89 Installment Bond - Village Hall 67,340 4/28/80 (111) TOTAL BONDS 517,340 Bond Anticipation Notes - Fire Hall 62,275 4/30/74 (112) Sidewalk District 5,305 11/12/74 Sewer Plant Expansion 625,000 2/25/74 03) (will be Equipment Note 12,000 3/16/74w( #4) GRAND TOTAL 1,221,920 NOTES: By end of May 1974 (Fiscal year end) total reduction in bonds for year will be $$4444,6 -20-. N1 - $9, 26 0 will be paid off by 4/28/74 N2 - $8,275 will be paid off by 4/30/74 N3 - Sewer Plant BAN's will increase to a total of about $1,000,000 by time of plant expansion increase. This debt will be assumed by TCSDNI N4 - $4,000 will be paid off by.3/16/74 -3-