HomeMy WebLinkAboutTreasurer's Annual Report 6/1/1979 to 1/31/1980V 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 19, 1980
TREASURER'S REPORT TO TAXPAYERS
SHOWING RECEIPTS AND
FOR ALL FUNDS
FOR THE PERIOD
June 1, 1979 through January 31, 1980
ALSO
REPORT OF OUTSTANDING
Respectfully submitted,
Gordon H. Wheeler
Village Treasurer
page 1
FOR THE EIGHT 110NTHS
June 1, 1979 through January 31, 1980
CASH POSITION OF ALL FUNDS
ACTIVITY - GENERAL FUND
EIGHT MONTHS
RECEIPTS
BUDGET /
BALANCE
RECEIPTS EXPENDITURES
FUND
5/31/79
BUDGET
8 MOS.
BALANCES
41.8
FUND
239,671.63
1,455.02
Other Receipts
1 31/80
260,475.35
$135,893.92
$ 2 ,0.38
$370,668.76
$192,105.5 *
2.
Sever Sys Oper /Maint 128,679.16
261,961.26
172,173.84
218,466.58*
3.
Sewer Lines Ext (Assess)
12.28
24,754.53
23,192.50
1,574.31
4.
Water Sys Imp (Assess)
76.88
7,307.93
7,375.00
9.81
5.
Water Dist (Benefit Assess)
166.69
51,885.73
45,295.07
6,757.35
6.
Water Use Fund
(313.89)
102,610.18
99,362.75
2,933.54
7.
Fed Rev Sharing Fund
7,742.89
14,012.48
-0-
21,755.37*
8.
Capital Constr (Sewer
Retirement, Overhead)
18.4
105,617.00
39,053.24
Plant Expansion) 24,409.69
369,646.85
367,862.50
26,194.04*
9.
Trust and Agency
5,424.35
40,447.92
42,203.18
3,669.09
10.
Water /Sewer Cap Res (S.A.)
7,190.78
301.74
-0-
7,492.52
11.
Sts Improv Cap Res (S.A.)
6,423.20
272.73
-0-
6,695.93
12.
Fire Dept Equip Fund (S.A.)
2,630.08
104.51
-0-
2,734.59
13.
Tax Stabilization Fnd(S.A.)
22273.40
96.18
-0-
2,369.58
GRAND TOTALS $320, 609 .43'1,300,282.42$1;128,133.60
$492,758.25
* Most of these funds are invested
in C.D.'s
for interest
income
(S.A.) = Savings Accounts
ACTIVITY - GENERAL FUND
EIGHT MONTHS
RECEIPTS
BUDGET /
12 MOS
8 MOS
BUDGET
BUDGET
BUDGET
BALANCE
Property Taxes
41.8
241,126.65
239,671.63
1,455.02
Other Receipts
45.2
260,475.35
187,208.75
73,266.60
Surplus
13.0
75 000.00
135 893.92
2777.30
60,893.92c�
13,827.70
TOTALS
100.0
5T6:602-00
55
EXPENDITURES
General Govt.
19.2
110,957.12
'84,141.79
26,815.33
Police
19.8
114,250.00
79,858.09
34,391.91
Fire Dept.
7.5
43,040.00
26,856.44
16,183.56
Dept. of Public Works
32.1
185,194.88
140,039.20
45,155.68
General (Ins, Wk Comp,
Retirement, Overhead)
18.4
105,617.00
39,053.24
66,563.76
Debt Retirement
3.0
17,543.00
720.00
16,823.00
TOTALS
100.0
576,602.00
370,668.76
205,933.24
* Revised from Original Budget
RECEIPTS
Sewer Rents
Other Receipts
Surplus
TOTAL
page 2
ACTIVITY - SEWER SYSTE4 OPERATION AND MAINTENANCE
EIGHT MONTHS
BUDGET %
75.7
8.2
16.1
100.0
EXPENDITURES
Sewer Lines System
Sewer Plant
General
Debt Retirement
100.0
Revised from Original Budget
12 MOS.
BUDGET
252,288.00
27,500.00
53,690.00
333,478.00
58,500.00
168,253.45
33,641.55
76,083-00
333478-00
8 MOs.
BUDGET
239,449.36
22,511.90
128,679.16
390,640.42
28,582.03
89,405.09
24,329.22
29 857.50
172,— 173.84
CAPITAL FUND - SEWER PLANT EXPANSION
8 MOs
RECEIPTS ACTUAL
Federal Grant 364,010.00
Interest 5 636.85
TOTAL 33 9 85
EXPENDITURES
Payment - Bond Anticipation Note
Accrued Interest on B.A.N.
TOTAL
344,000.00
23 862.50
73
3 73 8
BUDGET
BALANCE
12,838.64
4,988.10
74,989.16cr
57,162.42cr
29,917.97
78,848.36
9,312.33
46 225.50
161,304.16
DEBT POSITION OF VILLAGE OF CAYUGA HEIGHTS
As of January 31, 1980
page 3
NOTES TO BE PAID OFF
Bond Anticipation Notes - Sewer Plant Exp 71,000.00 (N5)
Rev Antic Note - Water Benefit Dist 34,000.00 06)
TOTAL NOTES $105,000.00
1/31/80 GRAND TOTAL $12737,052.00
NOTES:
H1) $9,620 principal will be paid on 4/28/80. (Final Payment).
1l2) $6,000 principal will be paid on 4/30/80.
N3) Principal repayments will be $32,762 annually for 2 more years, then reduced
slightly.
N4) $30,000 principal payment will be made on 4/15/80.
N5) This last B.A.N. will be paid when final Federal and State Grants arc received.
116) $17,000 principal payment will be paid on 5/15/80. Final one on 5/15/81.
AMOUNT
_BY (DATE)
Serial Bonds
- Original Sewate Treatment
Plant
$ 70,000.00
1/1S/88
Serial Bonds
- Sewage Collection Line
System
110,000.00
1/15/88
Serial Bonds
- Water System Improvements
60,000. -0
7/1/89
Installment Bond - Village Hall
9,620.00
4/22/80
(Nl)
Installation
Bond - Fire Hall Expansion
24,000.00
4/30/83
(N2)
Village Share
of Water Commission Bonds
768,432.00
8/15/96
(1l3)
Serial Bonds
- Expansion of Sewer Plant
(20 years)
590,000.00
4/15/9704)
TOTAL BONDS
$1,632,052.00
Bond Anticipation Notes - Sewer Plant Exp 71,000.00 (N5)
Rev Antic Note - Water Benefit Dist 34,000.00 06)
TOTAL NOTES $105,000.00
1/31/80 GRAND TOTAL $12737,052.00
NOTES:
H1) $9,620 principal will be paid on 4/28/80. (Final Payment).
1l2) $6,000 principal will be paid on 4/30/80.
N3) Principal repayments will be $32,762 annually for 2 more years, then reduced
slightly.
N4) $30,000 principal payment will be made on 4/15/80.
N5) This last B.A.N. will be paid when final Federal and State Grants arc received.
116) $17,000 principal payment will be paid on 5/15/80. Final one on 5/15/81.