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Home My WebLink AboutTreasurer's Annual Report 6/1/1974 to 1/31/1975• • V I L L A G E OF C A Y U G A HEIGHTS A N N U A L M E E T I N G February 25, 1975 T=SURuI'S REPORT TO TAXPAYERS SHOWING R347ZIPTS AND EXPENDITURES FOR itLL FUNDS June 1, 1974 through January 31, 1975 ALSO REIR)AT Or OUTSTANDING INDEBTEDNESS Respectfully submitted, Gordon B. Wheeler Village Treasurer FOR THE EIGHT M01 T Ti S June 1 1974 through January 31, 1975 • CASH POSITION OF ALL FUNDS Hank Balance Receipts Expenditures Balance General Fund 5/31/74 77,331.57 8 Months 395,775.70 8 Months 311,379.37 1 31 75 161,727.90* Sewer Disposal & Maintenance 83,702.36 127,241.38 117,560.62 93,383.12* Sewer Lines Extension 267.01 26,477.36 26,280.00 464.37 Water Improvements 33.88 89342.43 8,325.00 51.31 Capital Construction (sewer Plant) 991,206.38 3%854-51 394,944.03 632,116.86* Trust & Agency 11,906.05 17,229.13 172256.26 11,878.92* Water & Sewer Capital Reserve(S.A.) 4,449.73 181.80 135.00 4,456.53 Street Improvement (S.A.) 73769.94 467.71 -0- 8,237.65 Fire Dept. Equipment (S.A.) 42,697.35 1,023.30 39,851.00 3,869.65 Tax Stabilization Fund (S.A.) 1,726.85 46.28 -0- 1,773.73 Sidewalk District -0- 5,565.08 5,564.95 .13 Federal Revenue Sharing Fund 27,332.20 12,489.19 23,060.56 16,760.83* * Much of these Hinds are temporarily invested in C.D.'s for interest income. (S.A.) - Savings Accounts A(',TnrITY r,F,NEPAL FUND EIGP& MONPTiS 12 months 8 months Budget RECEIPTS Budget Actual Balance Property Taxes 179,595 178,829 '76-6 • Other Receipts 256,987 216,946 40,041 Surplus 56 045 127 77 332 22,287 cr TOTALS 94 73,107 19,520 EXPENDITURES General Government (includas $33,235 for 1000867* 72,392 28)475 Houitt property purch) Public Safety (Police) 87,587 59,956 27,631 Fire Department 633151 * 51,130 12,021 Streets, Sanitation, Snow Removal, Water 143,089 * 103,694 393395 General 74,503 21,109 53,394 Debt Retirement 23.430 3,098 20,332 TOTALS 94 2727 311,379 1 11,218 * - As Revised during year ACTIVITY OF SEIER DISPOSAL & MAINTENANCE FUND 12 months 8 months Budget RECEIPTS Budget Actual Balance Sewer Rentals 132,99 039 14959 Other Receipts 7,250 91203 1,953cr Surplus 11,275 83 702 72,427er -5-9-1 W2_1 TOTALS 151,523 210 ZKYENDITURES • Sewer Lines System 68,500 * 580626 93874 Disposal & Maintenance - Plant 51,700 * 33.656 18,044 General 191000 * 12:,956 6,044 Debt Retirement 12_323 12 323 -0- -33-2 TOTALS 151,523 11 9-6-2 * As revised during year -2- `J • FOR THE EIGHT MCLTHS June 1, 197 thi o•a�h Jaimrry 31, 1975 ACTIVITIES OF SEWER Ll*?P!G M!.N -MSION - ASSESSMFWr FUND 1975 12 months 6 months Budget RECEIPTS Budget Actual Balance Assessments 25,093 22 95cr Other Receipts 1,315 1015 -0- Surplus -0- 267 267cr TOTALS 26 +0� 2,7W 336cr EXPENDITURES 7/1/89 Installment Bond - Village Hall 720 rInterest 7,280 7,280 -0- Debt Retirement 19,000 19,000 -0- TOTALS 2t,280 26,280 -0- ACTIVITY OF WATER IMPROVEMENTS - ASSESSMENT FUND 12 months 8 months Budget RECEIPTS Budget Actual Balance Current Assessments 8,325 x,3;2- 17cr Surplus TOTALS �25 � 5icr EXPENDITURES Interest 3,325 33325 -0- Debt Retirement 5,000 5,000 -0- TOTALS 8,325 8,325 -0- D3'BT POSITION OF VILLAGE OF CAYUGA HEIGHTS Bond Anticipation Notes - Fire Hall 54,000 Sewer Plant Expans.: 1,608,000 Equipment Note (dump truck) 81000 Equipment Note (packer truck) 8,000 GRAND TOrAL $2,150.720 NOTES: By end of May 1975 (Fiscal year end) total will be $4',:,20. #1 - $9,6?O will be paid off by 4,/28/75 42 - $8,000 will be paid off by 4/30/75 4/30/74 ( 42) 11/7/76 ( #3) 3/16/76 ( #4) ($542,720 without Sewer Plant BAN's) reductions in bonds for year #3 - Sewer Plant IIAN's total $1,608,000. This debt will be assumed by Tompkins County Sewer 'District #1 eventually. #4 - $4,000 will be paid off by 3/16/75 #5 - Sidewalk District notes are completely paid off. -3- As of January 31, 1975 Amount To be Paid By Serial Bonds - Fire Station -0- 1/15/75 Serial Bonds = Sewage Treatment Plant 125,000 1/15/86 Serial Bonds - Sewage Collection Lines 205,000 1/15/86 Serial Bonds - Water System Improvements 85,000 7/1/89 Installment Bond - Village Hall 720 4/28/80 ( #1) TOTAL BONDS ,5577 µ72,72p Bond Anticipation Notes - Fire Hall 54,000 Sewer Plant Expans.: 1,608,000 Equipment Note (dump truck) 81000 Equipment Note (packer truck) 8,000 GRAND TOrAL $2,150.720 NOTES: By end of May 1975 (Fiscal year end) total will be $4',:,20. #1 - $9,6?O will be paid off by 4,/28/75 42 - $8,000 will be paid off by 4/30/75 4/30/74 ( 42) 11/7/76 ( #3) 3/16/76 ( #4) ($542,720 without Sewer Plant BAN's) reductions in bonds for year #3 - Sewer Plant IIAN's total $1,608,000. This debt will be assumed by Tompkins County Sewer 'District #1 eventually. #4 - $4,000 will be paid off by 3/16/75 #5 - Sidewalk District notes are completely paid off. -3-