HomeMy WebLinkAbout07Treasurer's Report.pdf
EXHIBIT 2017-088a
VILLAGE OF CAYUGA HEIGHTS
CLERK & TREASURER’S REPORT
DECEMBER 19, 2016
1. Administration:
Election legal notices published in the Ithaca Journal. Kendal confirmed as available as a polling place on March
21, 2017.
2. Communication:
The next print newsletter is in the mail.
3. Computer System Administration:
Few problems reported during this month. A Cayuga Heights History web domain address established in order to
remove the Weebly nomenclature from the address name.
4. Reporting and Audit:
Draft versions of the Justice Court and Village Financial Audit Reports should be available soon.
5. Policies and Local Laws:
NYS recommends that each municipality review, modify as necessary, and reapprove its Policies on an annual
basis. For those areas where policies have not been written and enacted, it is advised that they be written and
adopted as soon as possible.
A draft Fund Balance Policy is under review by the Finance Committee.
Required Local Laws on Public Access to Records and Records Management have been drafted.
The Procurement Policy has been amended to add ASPW Wiese as an Individual Responsible for Purchasing.
6. Budget: no modifications required
7. Debt:
The principal payment on a fire station bond was paid via wire transfer on December 14th in the amount of
$70,000. An interest payment of $9,000 was paid via ACH. Following this and the payment made in November
each bond balance is $230,000 with total debt on the firestation of $460,000.
8. Revenues & Expenditures:
November 2016 Bank to Book Reconciliation was conducted by Trustee & Deputy Treasurer Biloski.
Revenue and Expenditure Reports are available for YTD through the first six months of the Fiscal Year Ending May
31, 2017.
9. Current Expenses - Unaudited Abstract #007 dated December 19, 2016 as distributed.
10. Approval of December Abstract –
BE IT RESOLVED THAT: Abstract #007 for FYE2017 consisting of TA vouchers 50 - 59 in the amount of
$16,608.64 and Consolidated Fund vouchers 520 - 601 in the amount of $160,941.38 is approved and the Treasurer
is instructed to make payments thereon.
Respectfully submitted,
Joan M. Mangione