HomeMy WebLinkAboutTreasurer's Twelve Month Report 6/1/1965 through 5/31/1966•
•
5131166 surplus 24__,745.03 17 82 .0 4,974.8_7 101.03 4 1'642.98
98
Net Changes �, 52 -35)+ 12:554-57 + 75. 5 i- bd.74)+ 6;4bb -93
Since $20,000 was transferred from the $41,161.05 surplus of last year to a
stabilization fund, it means that we are $26,488.93 to the good on our operation
for this fiscal year. This is due to $121509.72 in unexpected receipts, and to
$13:979.21 in unexpec4ed funds that were in the budget.
I recommend that $30,000 be transferred to the Tax Stabilization Fund with the
understanding that $10,000 of this is actually reserved for the Sewer Plant needs
this year.
I also recommend that the Board really study the situation within the next 6 months
as to the uses for this money. It certainly can be used to provide for real
property tax stabilization for many years to come, or provide a reduction for a
few years. Or it could-be used to answer the question of village and fire
department meeting space, police department space etc.
If there are any questions, I will be glad to answer them. Thank you.
MEMO
June 6,
1966
TO: F. G. Marcham, Mayor and the
Board of Trustees
Village of Cayuga Heights
FROM: G. B. Wheeler, Treasurer
SUBJECT: 12 Months Report
---------------------------^-------------
Enclosed is a copy of the twelve
months report
for your review.
The surplus funds are again nice
to see, but we need to do
all we can to work
closer to the budget. I believe
our performance this year
is much better
than
last year, as noted below.
1964 -65
Gen. Fund •.
Sewer Pl.
Sewer Lines
Water Lines
TOTALS
Fund
Fund
Fund
5/31/65 Surplus $43,719.38
$5,274.48
$5:099.42
$264.77
$54058.05
Used for 65-66 budget 12 122.00
-
1 000.00
.00
13 1 .00
Net surplus 611165 $37.,597•
5,27
,099. 2
$189-77
1,1 1.05
5131166 surplus 24__,745.03 17 82 .0 4,974.8_7 101.03 4 1'642.98
98
Net Changes �, 52 -35)+ 12:554-57 + 75. 5 i- bd.74)+ 6;4bb -93
Since $20,000 was transferred from the $41,161.05 surplus of last year to a
stabilization fund, it means that we are $26,488.93 to the good on our operation
for this fiscal year. This is due to $121509.72 in unexpected receipts, and to
$13:979.21 in unexpec4ed funds that were in the budget.
I recommend that $30,000 be transferred to the Tax Stabilization Fund with the
understanding that $10,000 of this is actually reserved for the Sewer Plant needs
this year.
I also recommend that the Board really study the situation within the next 6 months
as to the uses for this money. It certainly can be used to provide for real
property tax stabilization for many years to come, or provide a reduction for a
few years. Or it could-be used to answer the question of village and fire
department meeting space, police department space etc.
If there are any questions, I will be glad to answer them. Thank you.
3
0
0
•
VILLAGE OF CAYUGA HEIGHTS
TREASURER'S REPORT
TWELVE MONTHS
June 1, 1965 - May 31, 1966
SCHEDULE 1 & 2 - GENERAL FUND
3 & k - SEWER PLANT FUND
5 - SPECIAL ASSESSMENT FUND -SEWER LINES
6 - SPECIAL ASSES34ENT FUND -
WATER IMPROVEMENTS
7 - CAPITAL FUND
8 - TRUST & AGENCY ACCOUNT
Respectfully submitted,
Gordon B. Wheeler
Village Treasurer
•
TREASURERIS REPORT - May 31, 1966
Schedule 1
GENERAL FUND
June 1, 1965 - May 31, 1966
Page -2-
Return of Temporary Investments 112,892.10
TOM RECEIPTS 345,666.01
Less: EXPENDITURES (Schedule 2) 320,920.98
BANK BALANCE May 31, 1966
u
24,745.03
Budget
RECEIPTS
Budget
Actual
Balance
A -1001
Current Taxes
152,948.00
152,676.22
271.78
1005
Prior Taxes
-0-
-0-
-0-
1401
Penalties on Taxes
500.00
518.46
18.46
or
1590
Licenses
350.00
370.46
20.46
or
1690
Permits
300.00
820.00
520.00
or
1901
Public Charges
350.00
528.00
178.00
or
1902
Public Works -Other Charges
-0-
263-68
263.68
or
1908
Other Sewer Charges
260.00
262.72
2.72
or
1922
Fire Protection -Other Govts.
3,700.00
4,529.28
829.28
or
1929 Other Charges -Other Govts.
700.00
391.32
308.68
1952
Service Fees
100.00
124.00
24.00
or
1959 -
Zoning Board Fees
20.00
50.00
30.00
or
2301
State Aid per capita
9,500.00
1].2467.20
11967.20
or
2305
State Aid Mortgage Tax
2,500,00
4,667.23
2,167.23
or
2502
Interest on Investments
1,800.00
2,107.90
307.90
or
2601
Refund Tax Sale Adv.
-0-
-0-
-0-
2625
Fines returned by State
3,000.00
3094.00
594.00
or
2675
Sale of Assets
850.00
-0-
850.00
2677
Insurance Recoveries
-0-
77.95
77.95
or
2749
Misc. Receipts
-0-
606.11
606.11
or
2805
Payment from Sewer Fund
6,000.00
6,000.00
-0-
TOTALS
182,878.00
189,054.53
6,176.53
or
Surplus
12,122.00
43,719-38
31,597.38
cr
TOTALS
195,000.00
232,773.91
37,773.91
or
Return of Temporary Investments 112,892.10
TOM RECEIPTS 345,666.01
Less: EXPENDITURES (Schedule 2) 320,920.98
BANK BALANCE May 31, 1966
u
24,745.03
TREASURERIS REPORT - 5131166
Schedule 2
Page -3-
* Items changed from original budget.
GENERAL FUND
June 1, 196 - May -31,
1966
EXPENDITURES
Original
Revised
12 months
12 months
12 months
Budget
ACCOUNT
Budget
Budget
Actual
Balance
A -10 -400 BOARD OF TRUSTEES -Other Exp. 200.00
136.57*
44.10
92.47
A -20 POLICE JUSTICE
-100 Personal Services
750.00
750.00
675.00
75.00
-400 Other Expenses
250.00
450.32*
450.32
-0-
A -30 MAYOR
-100 Personal Services
1,250.00
1,250.00
1,250.00
-0-
-400 Other Expenses
200.00
143.72*
-0-
143.72
A -41 TREASURER
-100 Personal Services
3,700.00
3,700.00
3,700.00
-0-
-400 Other Expenses
150.00
195.00*
193.11
1.89
A -43 mERK
-100 Personal Services
5,460.00
5,460.00
5,460.00
-0-
-110 Secretarial Services
6,255•
6,255.00
5,830.00
425.00
-200 Equipment
600.00
860.00*
857.82
2.18
-400 Other Expenses
21000.00
2,000.00-
1,773.29
226.71
-430 Insurance
-0-
-0-
-0-
-0-
A -54 ATTORNEY
-100 Personal Services
1,200.00
11200.00
10200.00
-0-
• -400 Other Expenses
500.00
750.00*
734.74
15.26
A -58 ENGINEER
-
-100 Personal Services
4,300.00
4,300.00
4,300.00
-0-
-400 Other Expenses
350.00
350.00
326.39
23.61
A -60 -400 ELECTIONS -02SER EXP.
100.00
235.00x•
232.70
2.30
A-64-400 PLANNING -OTHER EXP.
1,000.00
1,000.00_
1,000.00
-0-
A-65-400 ZONING BOARD -OTHER EXP.
40.00
40.00
18.04
21.96
A-74 VILLAGE HALL
-200 Equipment
500.00
500.00
-0-
500.00
-400 other Expenses
700.00
700.00
610.50
89.50
-440 Contract Services
750.00
800.00*
800.00
-0-
A -81 FIRE DEPARTMENT
-200 Equipment
1,500.00
1,387.80*
1,387.80
-0-
-400 Other Expenses
2,200.00
2,237.50x•
2,229.44
8.06
-410 Supplies
700.00
1,043.90*
1,043.90
-0-
-420 Utilities
1,500.00
1,816.41*
1,816.41
-0-
-430 Insurance
700.00
797.00*
796.72
.28
-441 Hydrant Rental
5,550.00
5,512.50•
51512.50
-0-
A-82 POLICE DEPARTMENT
-
-100 Salaries
23,235.00
23,235.00
23,096.45
138.55
-101 Crossing Guards
1,800.00
1,800.00
1,642.50
157.50
-110 Police Chief
1,200.00
11200.00
1,200.00
-0-
-200 Equipment
2,400.00
1,663.48*
1,254.90
408.58
-400 other Expenses
1,200.00
1,200.00.
1,131.22
68.78
-410 Supplies
2,600.00
2,773.40x•
2,773.40
-0-
• -420 Utilities
275.00
275.00•
271.40
3.60
-430 Insurance
800.00
575.00x•
572.51
2.49
-440 Contract Services
11200.00
1,216.00*
1,216.00
-0-
A -87 -100 FIRE INSPECTOR- Personal Ser. 150.00
150.00-
125.00
25.00
* Items changed from original budget.
TREASURER'S REPORT 5/31/66
Page
-4-
EXPENDITURES (cont'd)
Original
Revised
12 months
12 months
12 months
Budget
ACCOUNT
Budget-
Budget
Actual
Balance
A -101 STREETS & SANITATION
-100 Salaries
7,160.00
7,315.43*
7,315.43
-0-
-200 Equipment
5,000•00
5,600.00*
5,599:45
459
-400 Other Expenses
850.00
1,85G+Ob*
1,615:14
234.86
-410 Supplies
2,5,��00
3,000.00*
2,923.29
76.71
-430 Insurance
950.00
.942,OO*
940.74
1.26
-440 Contract Services
15,000.00
15,563.12*
15,563.1
-0-
-441 Mowing
200:00
220:ooi
215.78
4.2?
A -103 SNOW REMOVAL
-100 Salaries
20000.00
695.00*
692.61
2.,29
-200 Equipment
5,0O•00
7,900.00*
71895.45
4.55
-400 Other Expenses
300.00
460.00*
456.00
3.20
-410 Supplies
800.00
1,999.37*
1,999.37
-0-
-440 Contract Services
800.00
730.63*
707.00
23.63
A- 104 -440 SHADE TREES- Cont.Serv.
1,500.00
1,500.00
1,1+51.70
48.30
A-105-440 STREET LIGHTS- Cont.Serv.
7,900.00
7,900.00
7,756.86
143.14
A -125 REFUSE COLLECTION
-loo Salaries
15,300.00
15,084.57*
12,=55.52
2,329.05
-200 Equipment
500.00
500.00
179.31
320.69
-400 Other Expenses
600.00
578.41*
450.88
127.53
-410 Supplies
800.00
821.59*
821.59
-0-
-430 Insurance
825.00
852.00*
851.74
.26
-440 Contract -Dump
1,200.00
11200.00.
1,100.00
100.00
A- 127 -400 WATER SYSTEM -Other Exp.
21000.00
2,100.00*
2,062.30
37.70
A-290 GENER�AL
•
-400 Youth Agency
150.00
150.00
150.00
-0-
-400 Insurance
250.00
546•oo*
543.06
2.94
-400 Audit
150.00
150.00.
125.00
25.00
-400 Miscellaneous
-0-
370.00*
370.00
-0-
-555 Spec.Assess.Sewer Lines
1000.00
1,300.00
1,293.00
7.00
-619 Purchase -Sewer Liens
-0-
-0-
-0-
-0-
-622 Refund Taxes
-0-
190.00*
122.50
67.50
-624 Tax Sale Ad
50.00
50.00
-0-
50.00
-628 State Retirement Fund
3,500.00
3,600.00*
3,597.25
2.75
-630 Workmens Compensation
2,500.00
2,500.00
2,489.54
10.46
-632 Bond Coupon Expense
75.00
75.00
55.22
19.78
-633 Social Security
3,000.00
3,000.00
2,243.67
756.33
-636 Hospitalization Plan
1,500.00
11500.00
1,361.40
138.60
-650 Contingency Account
8,662.00
-0 -*
-0-
-0-
-676 Cap.Res.Fund -Sewer
263.00
263.00
262.72
.28
-676 Cap.Res.Fund -Fire Equip.
3,700.00
5,025.28*
51025.28
-0-
-680 Int.Road Imp.Bonds
2,535.00
2035.00-
2,535.00
-0-
-680 Int.Fire Stat.Bonds
975.00
975.00
975.00
-0-
A -300 DEBT REDEMPTION
- 90 Road oad Imp. Bonds
15,000.00
15,000.00
15,000.00
-0-
-690 Fire Station Bonds
3,000.00
3
-0.00
0-
TOTALS
195,x•00
_00
195,000.00
�,�z2
1 ,tlt3 02tl.tZ
b..971.12
Transfer Deposits to Other Funds
To Tax Stabilization Fund 20,000.00
• Purchase of Temporary Investments 112,892.10
TOTAL EXPENDITURES 320,920.98
*Items changed from original budget.
TREASURER'S REPORT 5131166
Page -5-
Schedule 3
SEWER FUND (PLANT)
• dune 1, 1965
- May 31, 1966
Revised
Total
12 months Budget
RECEIPTS
Budget
Actual... Balance
G -1450 Penalties on Rents
150.00
229,78 .79.78 cr
G -1907 Current Rents
53,400.00
58,107.00 4,'(0'(.00 cr
G -1908 Other Charges,Public
100.00
598.31 498.31 or
G -1924 Rents)Other Govts.,Current
8,500.00
8,601.00 101.00 ar
G -1925 Other Chgs. -Other Govts.
-0-
-0- -0-
G -2310 State Aid -Plant M & 0
9,500.00
9)590.48 90.48 or
G -2502 Interest on Investments
350.00
345.84 4.16
G -2680 Compensation for Losses
-0-
-0- -0-
G -2749 Other Revenue
-0-
54.81 54.81 cr
TOTALS
72,000.00
771527.22 5,527.22 cr
Surplus
TOTALS
--
5 274.48 5,27�cr
72,000.00
2�01.'j0 10, 1.70 cr
Return of Temporary Investment
19,654.16
102,455x86
Less Expenditures (Schedule 4)
84 626.87.
;$29.05
BANK BALANCE 5/31/66
17-
Schedule 4
E WER FUND (PLANT)
Original
Revised
12 months
12 months 12 months Budget
EXPENDITURES
Budget
Budget Actual Balance
G -123 SEWER- MAINTENANCE & DISPOSAL
-100 Personal Service
20,370.00
22,370.00• 22,345.65 24.35
-200 Equipment
1,000.00
11000.00• 477.29 522.71
-400 Other Expenses
2,000.00
4,931.47* 4,194.36 737.11
-410 Supplies
4,800.00
8,050.00* 7,878.26 171.74
-420 Utilities
5,000.00
5,178.53x' 5,178.53 -0-
-430 Insurance
1,500.00
1,250.00* 1,243.97 6.03
-440 Contract Services
800.00
545.00* -0- 545.00
G -2_90 GENERAL
560 Pr
�5 0 �ov. for Capital Project
-0-
-0- -0- -0-
-613 Refund of Rentals
300.00
450.00► 450.00 -0-
-628 State Retirement
1,800.00
1,800.00- 1,555.00 245.00
-632 Bond & Coupon Expense
60.00
60.00 54.23 5.77
-633 Social Security
1,000.00
1,000.00 932.86 67.14
-650 Contingency
3,205.00
4,700.00* -0- 4,700.00'
-676 To General Fund
6,000.00
6,000.00. 6,000.00 -0-
-680 Interest on Bonds
6,665.00
6,665.00 6,662.50 2.50
G -300 DEBT REDEMgICN
- 90 Bonds
TOTALS
8,000.00
8,000.00 �8,s �0_00�.00 -0-
2,500.00
72,000.00 f,9�72. 5 7,027.35
Purchase of Investments
19,M.16
TOTAL EXPENDITURES
*Items changed from original budget.
•
TREASURER'S REPORT 5/31/66
Page -6-
Schedule 5
SPECIAL ASSESSMENT FUND - SEWER LINES
June 1,
1965 - May 31, 19
Total
12 months
Budget
RECEIPTS
Budget
Actual
Balance
P -1010 Current Assessments
23,337.00
24,237.71
900.71 or
P -1011 Current Assess. - Village share 1,293.00
1,293.00
-0-
P -2502 Interest on Investment
300.00
267.24
32.76
Surplus
12000.00
5,099.42
4_,099.42 or
TOTALS
251930.00
30:b97-37
,9 7.37 or
Return of Temp. Inv.
7676
TOTALS
,14
54 ,630.13
EXPENDITURES
P-290-GENERAL
-622 Refunds
-0-
-0-
-0-
-632 Bond & Coupon Exp.
60.00
60.00
-0-
-680 Interest on Bonds
11,870.00
li,862.50
7.50
P- 300 -DEBT REDEMPTION
- 90
14,000.00
14, .
o-
Tempo
-980 Temporary Invest.
-0-
14,732-76
14 32.76
��
TOTALS
BANK BALANCE 5/31/66
25,930.00
0 55.2
1'9977
1 725.2 Q
Schedule 6
S
SPECIAL ASSESSAENT FUND - WATER DPROVEMENTS
June 1, 1965
- May 31, 19
Total
12 months
Budget
RECEIPTS
Budget
Actual
Balance
P -1010 Current Assessments
8,795.00
81700.26
94.74
Surplus
_ 75.00
264.77
.77 189 cr
TOTALS
8)r70.00
2969 5.03
95.03 or
EXPENDITURES
P-290-GENERAL
_622
22 Refunds
-0-
-0-
-0-
-680 Interest on Bonds
4,870.00
4,864.00
6.00
P- 300 -DEBT REDEMPTION
= 90 Bonds
TOTALS
�4 C,OO' oo
i570,
�4,o0o.o0
0-
_—T.
t5, 00
p OC6
BANK BALANCE 5/31/66
101.03
COMBINED BALANCES;
General Fund 24,745.03
Sewer Plant Fund 17,829.05
Sewer Lines Fund 4,974.87
• Water Lines Fund 101.0
BALANCE ON HAND 5/31/66 47,649.98
r�
U
0
IN ADDITION, THE VILLAGE HAS THE FOLLOWING MONIES ON BAND:
Tara• a��u� k r -
Tax Stabilization Fund 20,616.22
Capital Reserve Fund- Streets 8,007.41
Capital Reserve Fund -Water and
Sewer Lines 3,895.03
Capital Reserve Fund -Fire Dept.
Equipment 12,911-93
Special Funds Total 45,430.59
Schedule 7
CAPITAL FUND
.Tune 1, 1965 - May 31, 1966
Bank Balance 5/31/66 112215.10
Deposits - (Cornell University) 40,000.00
Total 512215.10
Contractor Fees 465.32
Sheldon Road Tool Shed Improvements 948.66
Legal Fees 70.00
Interest on Bond Anticipation Notes 4,500.00
Repay Bond Anticipation Note #6 000.00
i9-83•
Page -7-
Bank Balance
5/31/66
10,231.12
chedule 8
TRUST & AGENCY ACCOUNT
June 1,
1965 - May 31,
1966
Special
Total
Soc. See.
St.Deposits
Deposits
Bank Balance 5131166
704.63
504.63
200.00
-0-
Deposits
Totals
112 860.89
6,1,60.89
1,000.00
11200.00
5 700.00
13,565.52
6,665.52
5,700.00
Withdrawals
79153.45
6,353.45
800.00
-0-
Bank Balances
5/31/66
6,412.07
312.07
400.00
5,700.00