HomeMy WebLinkAboutTreasurer's Annual Report 6/1/1978 to 1/31/1979V 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 20, 1979
TREASURER'S REPORT TO TAXPAYERS
SHOWING RECEIPTS AND EXPENDITURES
FOR ALL FUNDS
FOR THE PERIOD
June 1, 1978 through January 31, 1979
ALSO
REPORT OF OUTSTANDING INDEBTEDNESS
Respectfully submitted,
Gordon B. Wheeler
Village Treasurer
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FOR THE EIGHT MONTHS
June 1, 1978 through January 31, 1979
CASH POSITION OF ALL FUNDS
page 1
Most of these funds are invested in C.D.'s for interest income
(S.A.) = Savings Account
ACTIVITY - GENERAL FUND
EIGHT MONTHS
12 MOS 8 MOS BUDGET
RECEIPTS BUDGET % BUDGET ACTUAL BALANCE
Property Taxes 42.2
$231,344.15
BALANCE
RECEIPTS
EXPENDITURES
FUND
181,054.67
85,719.33
5/31/78
50,164-85
$7546,263.00
8 MOS
BALANCE
39,630.00
FUND
16,804.67
Dept. of Public Works
35.3
1/31/7q
1.
General Fund
$106,490.81
$411,184.37
$303,690.67
$213,984.51*
2.
Sewer Sys Oper /Maint
63,201.03
315,755.91
154.832.86
224,124.08'
3.
Sewer Lines Ext (Assess)
434.48
23,387.80
23,810.00
12.28
4.
Water Sys Imp (Assess)
2,53
7,564.01
7,565.00
1.54
5.
Water Dist (Benefit Assess)
469.19
51,728.22
51,804.32
393.09
6.
Water Use Fund
- 438.69
122,063.90
81,820.70
39,804.51
T.
P.W. Fed Antirecess Fund
-0-
-0-
-0-
1 -0-
8.
Fed Rev Sharing Fund
12,852.95
14,OB7.94
4,800.00
22,140.89*
9.
Capital Constr (Sewer
Plant Expansion)
82,733.08
1,773.82
60,490.82
24,016.08*
10.
Trust and Agency
6,214.92
23,167.27
24,515.01
4,867.18+
11.
Water /Sewer Cap Res (S.A.)
6,557.56
277.41
-0-
6,834.97
12.
Sts Improv Cap Res (S.A.)
6,079.50
257.19
-0-
6,336.69
13.
Fire Dept Equip Fund (S.A.)
2,501.83
96.03
-0-
2,597.86
14.
Tax Stabilization Fnd (S.A.)
2,151.75
91.03
-0-
2,242.78
GRAND TOTALS
$289,250.94
$971,434.90
$713,329.38
$547,356.46
Most of these funds are invested in C.D.'s for interest income
(S.A.) = Savings Account
ACTIVITY - GENERAL FUND
EIGHT MONTHS
12 MOS 8 MOS BUDGET
RECEIPTS BUDGET % BUDGET ACTUAL BALANCE
Property Taxes 42.2
$231,344.15
$230,129.70
$ 1,214.45
Other Receipts 48.7
266,774.00
181,054.67
85,719.33
Surplus 9.1
TOTALS 100.0
50,164-85
$7546,263.00
106 490.81
$517:675.18
56 325.96cr.
$ 30
EXPENDITURES
General Govt.
15.2
$ 83,321.00*
$ 42,254.64
$ 41,066.36
Police
20.6
112,798.00*
72,883.76
39,914.24
Fire Dept.
7.2
39,630.00
22,825.33
16,804.67
Dept. of Public Works
35.3
193,360.00*
120,380.04
72,979.96
General (Ins, Wk Comp,
Retirement, Overhead)
16.3
89,504.00*
33,073.96
56,430.04
Debt Retirement
5.4
29 1 670.00
12 272.94
-7
17 397.06
TOTALS
100.0
$546,283.00
$303
$277,592.33
* Revised from Original Budget
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page 2
ACTIVITY - SEWER SYSTEM OPERATION AND MAIPTTENAPTCE
EIGHT MONTHS
12 MOS
8 MOs
BUDGET
RECEIPTS
BUDGET %
BUDGET
ACTUAL
BALANCE
Sewer Rents
92.0
$294,336.00
$290,692.45
$ 3,643.55
Other Receipts
7.5
23,921.00
25,063.46
1,142.46 or
Surplus
TOTALS
0.5
100.0
1,500.00
$319.757.00
63 201.03
$3T8,956.94
61 701.03 or
$J:9, or
EXPENDITURES
Sewer Lines System
15.2
$ 48,500.00
$ 13,503.34
$ 34,996.66
Sewer Plant
50.9
162,773.14*
90,816.97
71,956.17
General
9.5
30,393.86*
19,472.55
10,921.31
Debt Retirement
24.4
78,090.00
$319,757.00
31 040.00
$15
X47. 050.000
$1
TOTALS
100.0
,04 924.14
* Revised from Original
Budget
CAPITAL
FUND - SEWER
PLANT EXPANSION
8 MOs
RECEIPTS
ACTUAL
Federal
-0-
State
-0-
Interest Earned
1,773.82
TOTAL
$ 1,773.82
EXPENDITURES
Contractors
18,650.82
Engineers
-0-
Debt Retirement
17,000.00
Interest on Debt
24,840.00
Other
-0-
TOTAL
$76-01490.82
�M
DEBT POSITION OF VILLAGE OF CAYUGA HEIGHTS
As of January 31, 1979
page 3
NOTES:
(N1) $9,620 principal will be paid on 4/28/79.
(N2) y6,000 principal will be paid on 4/30/79.
(#3) State and Federal Funds to cover this note in full are overdue.
(N4) $17,000 principal will be paid in April 1979.
Gordon B. Wheeler
Village Treasurer
0
TO BE PAID OFF
AMOUNT
BY (Notes)
Serial Bonds - Original Sewage Treatment Plant
$ 81,000.00
1/15/88
Serial Bonds - Sewage Collection Line System
129,000.00
1/15/88
Serial Bonds - Water System Improvements
70,000.00
7/1/89
Installment Bond - Village Hall
19,240.00
4/22/80
(N1)
Installment Bond - Fire Hall Expansion
30,000.00
4/30/83
(d2)
Village Share of Water Commission Bonds
768,432.00
8/15/96
Serial Bonds - Expansion of Sewer Plant (20 yrs)
620,000.00
4/15/97
TOTAL BONDS
$1,717,672.00
Bond Anticipation Notes - Sewer Plant Expansion
415,000.00
(N3)
Revenue Anticipation Note - SCLIWC Assessment
51,000.00
(N4)
TOTAL NOTES
$466,000.00
1/31/79 GRAND TOTAL
$2,183,672.00
NOTES:
(N1) $9,620 principal will be paid on 4/28/79.
(N2) y6,000 principal will be paid on 4/30/79.
(#3) State and Federal Funds to cover this note in full are overdue.
(N4) $17,000 principal will be paid in April 1979.
Gordon B. Wheeler
Village Treasurer
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