HomeMy WebLinkAboutTreasurer's Annual Report 6/1/1981 to 1/31/1982V 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 16, 1982
TREASURER'S REPORT TO TAXPAYERS
SHOWING RECEIPTS AND EXPENDITURES
FOR ALL FUNDS
FOR PERIOD
June 1, 1981 through January 31, 1982
ALSO
REPORT OF OUTSTANDING INDEBTEDNESS
Respectfully submitted,
Gordon B. Wheeler
Village Treasurer
• �, PAGE 1
FOR THE EIGHT MONTHS
June 1, 1981 through January 31, 1982
CASH POSITION OF ALL FUNDS
FUND
1. General Fund **
2. Sewer Sys. Oper /Maint
3. Sewer Lines Ext.(Assess.)
4. Water Sys. Impr.(Assess.)
5. Water Dist. (Benefit Assess.)
6. Water Use Fund
7. Fed. Rev. Sharing Fund
8. Capital Construction -
(Sewer Plant Expansion)
9. Trust & Agency
10. Dept. Public Works -
Equip. Fund - (S.A.)
11. Fire Dept. Equip.Fund (S.A.)
12. Tax Stabilization Fund (S.A.)
GRAND TOTALS
BALANCE RECEIPTS EXPENDITURES
5131181 8 mos.
$ 142,128.33
99,507.17
1,295.23
2,437.55
- lo,694.49
389227.70
10,907.80
1,114,11
891.35
$ 492,073.63
293,125.73
20,253.45
7,078.73
61,798.18
93,451.31
12,918.57
48,079.69
66,988.25
FUND
BALANCES
1/31/82
$ 442,834.37 $
191,367.59 *
177,479.01
2159153.89 *
219957.50
- 408.82
7,938.00
1,578.28
50,280,68
823.01
128,903.27
2,775.74
10,700.00
13,126.37
49,168.80 25.00
67,687.62 191.98
10,032.85
442.07
-0-
10,474.92
20,749.75
751.22
-0-
21,500.97
2;545.65
112.70
2,658.35
-0-
$ 319,_ 1� 43.00$1,0970
$ 275,534.67
$.959,607.60
$ 456,6o8.93
* Most of these hinds are invested in C.D.'s for interest income
(S.A.) = Savings Accounts
** -N.B. This fund: balance shown here does not include Petty Cash nor Items 10,11,12
ACTIVITY- GENERAL FUND
EIGHT MONTHS
RECEIPTS
BUDGET %
12 MOS.
8 MOS.
BUDGET
23,789.26
166,869.68
BUDGET
BUDGET
BALANCE
Property Taxes
39.4%
$ 278,792.17
$ 275,534.67
$ 3,257.50
Other Receipts
49.0%
3469269.53
216,538.96
129,730.57
Surplus
11.6%
81,997.30
142,128.33
60,131.03 Cr.
TOTALS
100.0%
$ 707,059.00
$ 634,201.96
$ 72,857.04
EXPENDITURES
General Government 18.6%
Police 20.7%
Fire Dept. 7.6%
Dept. of Public Works 30.5%
General (Ins.,i ?rkmn.Comp.,Retire.) 17.7%
Debt Retirement (Fire Dept. Bldg &
Equip.) 4.9%
TOTALS 100.0%
* Revised from Original Budget
$ 131,619.50 $
1469517.00*
53,330.00
215,386.00*
124,936.50
35,270.00
$ 707,059.00
68,187.31 $
63,432.19
94,532.31
51,984.69
29,540.74
23,789.26
166,869.68
48,516.32
54,944.33
69,992.17
28,760.00
$ 442,834.37
6,510.00
$ 264,224.63
.' PAGE 2
ACTIVITY - SEWER SYSTEM OPERATION AND MAINTENANCE
EIGHT MONTHS
12 MOS. 8 MOS. BUDGET
RECEIPTS BUDGET % BUDGET BUDGET BALANCE
Sewer Rents 74.8%
$253,000.000$262,002.12
$ 9,002.12 Cr.
Other Receipts 8.2%
27,600.00
31,123.61
3,523.61 Cr.
Surplus 17.0%
57,468.00
99,507.17
42,039.17 Cr.
TOTALS 100.0%
$338,068.00
$392,632.90
$54,564.90 Cr.
EXPENDITURES
Accounts Payable
Sewer Lines System
Sewer Plant
General
Debt Retirement
TOTALS
0.3% $ 19128.27
13.6% 45,850.00
51.5% 174,000.00
13.3% 45,021.73
21.3% 72.068.00
100.0% 338,o68.00
CAPITAL FUND - SEWER PLANT EXPANSION
RECEIPTS
Federal Grant
Interest
TOTAL
EXPENDITURES
Repay Loan from General Fund
Transfer Remaining money to
Sewer Fund
TOTAL
$ 1,128.27
16,477.04
109,854.04
22,526.66
27,492.50
177,479.01
8 MOS.
ACTUAL
$48,065.00
14.69
$48,079.69
$43,615.00
5,553.80
$49,168.80
This is the construction fund used for the three
major stages in construction and expansion of the
Sewer Plant and Collection System. It 3s now a
dormant fund with a minimum balance of $25.00.
$ -0-
29,372.96
64,145.46
22,495.07
44,575.50
160,588.99
DEBT POSITION OF VILLAGE OF CAYUGA HEIGHTS
As of January 31, 1982
PAGE 3
FOOT NOTES:
(AF $6,000 will be paid on this balance on 4/30/82
(B) $30,000 will be paid on this balance on 4/15/82
(C) There are no outstanding notes or indebtedness other than listed above
(D) Total Debt Retirement payments for this Fiscal Year Total $218,522
(E) Village Tax Margin (Dictated by State Law) is $939,986. That is,
the Constitutional Real Property Tax limit is (this Fiscal Year)
$1,218,586. The Real Property Tax Levy this year is-$280,000, so
the margin available is three times this or $939,986.
(F) Village monies invested as of 1/31/82 include:
Certificates of Deposit = $ 398,222.97
Savings Accounts = 31,975.89
Total = 30,19 .8.8
(G) Village Fixed Assets now total $5,2�90,�393
or $ 6,124,351 including Village share of the Intermunicipal Water System
AMOUNT OF
ORIGINAL
REMAINING
ORIGINAL
DATE OF
INTEREST
COMPLETION
BALANCES
BONDS
ISSUE
RATE
DATE
Statutory Bond - New Fire
Truck $ 80,000 $
100,000
7/2/80
6.o'%
7/2/85
Serial Bonds - Original
Sewage Treatment Pit.
48,000
261,000
7/15/58
3.25%
1/15/86
Serial Bonds - Sewage Collec.
Line System
72,000
465,000
7/15/58
3.25%
1/15/86
Serial Bonds - Water System
Improvements
48,000
150,000
7/15/60
3.0 %
7/15/89
Statutory Bond - Fire Hall
Expansion
12,000 (A)
42,000
4/30/76
6.0 %
4/30/83
Village Share of Water
Comm. Bonds
664,188
833,958
11/15/76
6.7 %
8/15/96
Serial Bonds - Expansion of
Sewer Plant (20 yrs.)
530,000 (B),
6502000
12/15/77
5.5 %
4/15/97
TOTAL BONDS $1,454;188
$2,501958
FOOT NOTES:
(AF $6,000 will be paid on this balance on 4/30/82
(B) $30,000 will be paid on this balance on 4/15/82
(C) There are no outstanding notes or indebtedness other than listed above
(D) Total Debt Retirement payments for this Fiscal Year Total $218,522
(E) Village Tax Margin (Dictated by State Law) is $939,986. That is,
the Constitutional Real Property Tax limit is (this Fiscal Year)
$1,218,586. The Real Property Tax Levy this year is-$280,000, so
the margin available is three times this or $939,986.
(F) Village monies invested as of 1/31/82 include:
Certificates of Deposit = $ 398,222.97
Savings Accounts = 31,975.89
Total = 30,19 .8.8
(G) Village Fixed Assets now total $5,2�90,�393
or $ 6,124,351 including Village share of the Intermunicipal Water System