HomeMy WebLinkAboutAnnual Report of the Treasurer 6/1/1975 to 1/31/1976n
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February 24, 1976
TREASURER'S REPORT TO TAXPAYERS
SHOWING RECEIPTS AND EXPENDITURES
FOR ALL FUNDS
FOR THE PERIOD
June 1, 1975 through January 31, 1976
ALSO
REPORT OF OUTSTANDING INDEBTEDNESS
Respectfully submitted,
Gordon B. Wheeler
Village Treasurer
. 4IN
CJ
FOR THE EIGHT MONTHS
June I, 1975 through January 31, 1976
CASH POSITION OF ALL FUNDS
BALANCE
5/31/75
RECEIPTS EXPENDITURES
8 MONTHS 8 MONTHS
General Fund $
58,741.28
$355,035.96
Sewer Disposal 8 Maintenance
86,355.04
158,691.37
Sewer Lines Extension
464.37
25,639.48
Water Improvements
51.31
8,075.24
Capital Constr (Sewer Plant)
778,225.79
28,031.87
Trust and Agency
9,061.78
18,332.79
Water /Sewer Capital Reserve(S.A.)
4,858.20
197.57
Street improvement (S.A.)
8,350.11
353.25
Fire Dept. Equipment (S.A.)
21,446.81
543.68
Tax Stabilization Fund (S.A.)
1,824.48
51.01
Federal Revenue Sharing Fund
16,876.73
12,257.80
* Most of these funds are
EXPENDITURES
temporarily invested in C.D.'s
for interest
income.
(S.A.) - Savings Accounts
(25.1)
$ 62,600 *
ACTIVITY GENERAL
FUND
• Disposal 8 Maint (Plant)
EIGHT MONTHS
• RECEIPTS (BUDGET
%)
12 MONTHS
BUDGET
Property Taxes
(42.1)
$ 201,478
Other Receipts
(51.1)
244,471
Surplus
( 6.8)
32.834
TOTALS
(100.0)
478,783
EXPENDITURES
106,619
* As revised during year
General Government
(12.8)
$ 61,123 *
Public Safety (Police)
(18.6)
89,079 *
Fire Deptartment
(17.2)
82,266*
Streets,Sanitatlon,Snow Remov,
Water
(27.0)
129,327
General (1ns,Wk Comp,Retire,
(18.3)
F.D. Equip
Fnd
87,415
Debt Retirement
( 6.1)
29,573
*- Revised during year TOTALS
(100.0)
$ 478,783
$288,689.63
106,619.28
25,662.50
8,135.00
58,189.16
18,446.05
-0-
-0-
20,066.00
-0-
19,194.77
BANK
BALANCE
1/31/76
$125,087.61
138,427.13
441.35
- 8.45
748.068.50
8,948.52
5,055.77
8,703.36
1,924.49
1,875.49
9,939.76
*
*
*
*
*
8 MONTHS BUDGET
ACTUAL BALANCE
$ 201,280 $ 198
153.756 90,715
58,741 25.907 cr
413,777 65,006
$ 34,503
61,036
69,382
96,447
26,145
1,177
$ 288,690
ACTIVITY OF
SEWER DISPOSAL
$ MAINTENANCE
FUND
12 MONTHS
8 MONTHS
RECEIPTS
(BUDGET )
BUDGET
ACTUAL
Sewer Reni•als
(66.9)
$ 166,994
$
148,444
Other Receipts
( 7.3)
18,250
10,247
Surplus
(25.8)
64,507
86.355
TOTALS
(100.0)
$ 249.751
$
245,046
EXPENDITURES
Sewer Lines System
(25.1)
$ 62,600 *
$
30,456
• Disposal 8 Maint (Plant)
(50.2)
125,450 *
43,703
General (as above Contingency) (15.8)
39,550
13,917
Debt Retirement
( 8_9)
22,151
18,543
TOTALS
(100.0)
$ 249,751
$
106,619
* As revised during year
$ 26,620
28,043
12,884
32,880
61,270
28,396
$ 190,093
BUDGET
BALANCE
$ 18,550
8,003
21.848 cr
$ 4,705
$ 32,144
81,747
25,633
3.608
$ 143,132
#I) - $9,620 will be paid off by 4/28/76
#2) - $6,000 will be paid off by 4/30/76
#3) - Sewer Plant BAN's have been reduced by $55,500 since our annual report
on February 25, 1975. Balance will be assumed by Tompkins County Sewer
District #1 eventually
#4) - Note will be paid off by II/7/76
#5) - Note will be paid off by 3/16/76
#6) - 3 -year Note on New Fire Truck - $10,666.68 will be paid off by 8/18/7,
FOR THE EIGHT
MONTHS
June I, 1975 through
January 31,
1976
ACTIVITIES OF SEWER LINES EXTENSION - ASSESSMENT
FUND
12 MONTHS
8 MONTHS
BUDGET
RECEIPTS
BUDGET
ACTUAL
BALANCE
Assessments
$ 24,365
$
24,365 $
-0-
Other Receipts
1,275
1,275
-0-
Surplus
23
464
441 cr
TOTALS
$ 25,663
$
26,104 $
441 cr
EXPENDITURES
Interest
$ 6,663
$
6,663 $
-0-
Debt Retirement
19,000
19,000
-0-
TOTALS
$ 25,663
$
25,663 $
-0-
ACTIVITY OF WATER IMPROVEMENTS - ASSESSMENT
FUND
12 MONTHS
8 MONTHS
BUDGET
RECEIPTS
BUDGET
ACTUAL
BALANCE
Current Assessments
$ 8,099
$
8,075 $
24
Surplus
36
51
15 cr
TOTALS
$ 8,135
$
8,126
$
9
EXPENDITURES
Interest
$ 3,135
$
3,I35 $
-0-
Debt Retirement
5,000
5,000
-0-
TOTALS
$ 8,135
$
8,135 $
-0-
DEBT POSITION OF VILLAGE
OF CAYUGA HEIGHTS
As of January 31, 1976
AMOUNT
TO BE PAID BY
Serial Bonds - Sewage Treatment Plant
$ 114,000
1/15/86
Serial Bonds - Sewage Collection Lines
186,000
1/15/86
Serial Bonds - Water System Improvements
80,000
7/1/89
Installment Bond - Village Hail
48,100
4/22/80
( #1)
$ 428,100
Bond Anticipation Notes - Fire Hall
$ 48,000
4/30/76
( #2)
Bond Anticipation Notes - Sewer Pint Expan
1,552,500
( 0)
Equipment Note (dump truck)
4,000
II/7/76
( #4)
Equipment Note (packer truck)
4,000
3/16/76
( #5)
Equipment Note (fire truck)
32,000
8/18/78
( #6)
GRAND TOTAL
$2,068,600
($516,100
without Sewer
Plant BAN's)
NOTES:
#I) - $9,620 will be paid off by 4/28/76
#2) - $6,000 will be paid off by 4/30/76
#3) - Sewer Plant BAN's have been reduced by $55,500 since our annual report
on February 25, 1975. Balance will be assumed by Tompkins County Sewer
District #1 eventually
#4) - Note will be paid off by II/7/76
#5) - Note will be paid off by 3/16/76
#6) - 3 -year Note on New Fire Truck - $10,666.68 will be paid off by 8/18/7,