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Home My WebLink About2025 Supervisor's Financial Report - certified Town of Groton Annual Financial Report For the Fiscal Period 011011202 -12/31/202 ', i '., t�—W,4, a "f Town of Groton Annual Financial Report For the Fiscal Period 0 1 1 i112 25- 1 /31/2025 Authorization Article 3, Section 35 of the General Municipal Law ***Every Municipal Corporation'shall annually make a report of its financial condition to the Comptroller. Such report shall be made by the Chief Fiscal Officer of such Municipal Corporation"* 5. All reports shall be certified by the officer making the same and shall be filed with the Comptroller***it shall be the duty of the incumbent officer atthe time such reports are required to be filed with the Comptroller to file such report Certification Statement 1„ Crystal Young LG500 52 f}(?00B), hereby certify that l am the Chief Financial Officer of the Town of Croton,and that the information provided in the Annual Financial Report of the Town of Groton for the fiscal year ended 12/31/2 25, is true and correct to the best of my knowledge and belief. Table of contents Financial Statements ....... ........ A-General ............. 2 B-General Town-Outside Village ........................ ............. 18 CD-Special Grant ............ .................... ....... ........ ........ .... 27 DA-Highway Town-wide ............ ........ 32 DB-Highway Part-town .-.....-...... ....... ............... ......-...... ....... 42 SF-Special District(s)Fire Protection ..... .................... .................. ...... ........ 50 St.-Special District(s)Lighting ......-....... ......... .......___ 55 TC-Custodial ........- . . ......... ...... 60 K-Schedule of Non-Current Government Assets ........ ................... 65 W-Schedule of Non-Current Government Liabilities ......... ................... 66 Supplemental Schedules ......-....... ...... 67 Statement of Indebtedness ............ .............. ................. ............. 68 Bond Repayment ............ ...... 69 Bank Reconciliation ...... ............. 70 Employee and Retiree Benefits ......-........ 72 Town of Groton Annual Financial Report For the Fiscal Period 01/0112025- 12/31/2025 Financial Statements Financial information for the following funds and accounts groups are included in the Annual Financial Report filed by your government for the fiscal year ended 2025 and has been used by the CSC as the basis for preparing this Annual Financial Report for the fiscal year ended 205: List of fiends being used a A-General • S-General Town-Outside Village • CD-Special Grant • DA-Highway Town-wide • DB-Highway Part-town • >F-Special Districts Fire Protection • SL-Special District(s)Lighting • TC-Custodial • K-Schedule of Mon-Current Government Assets • W-Schedule of pion-Currant Government Liabilities All amounts included in this Annual Financial Report for 2025 represent data filed by your government with OSC a reviewed and adjusted where necessary, 1 SC Municipality Code 500335200000 # - 1l.s• • s . ss `w� is • • s • of :s � • o e e o e • s s • 1 ° 0 .s a ♦ • • ' a s ! 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'1 f1 • a s * •+� ! • '• *+* a °°.: +*�* * Town of Croton Annual Financial Report For the Fiscal Period 01/011 0 - 1 1 1 0 -General Results of Operations ONE= Fines and Forfeitures 2610-dries and Forfeited Sail $25,13100 $15,655,00 $21,412.50 2611 -Fines and Penalties Dog Cases $16C}00 $100..00 $400.00 Total for Fines and Forfeitures $2 ,293.00 $15 755.,00 $20,1'2.54' Sales of Property and Compensation for Loss 265 -Sales Other $1ZOO $4.56 $480.0 2680-Insurance Recoveries $2,447.18 $1,033.80 Total for Sales of Property and Compensation for Loss $2,459.18 $4.50 $1, 138t1 Other Revenues 2761 -Refunds of Prior Year Expenditures $3247 0-AIM Related Payments $8, 00.00 2770-Unclassified $65,310.11 $4 ,551.60 $ 58.9t1 NY E CG -ORES Total for Other Revenues $66,310.11 $44 584.07 $8,256.96 State Aid 3001 -Mate Aid Revenue Sharing $33,878.0 005-Mate Aid Mortgage Tax $62,519A2 $57,180.71 $66,684.29 3089-State Aid Other $2,370.00 $2,370.00 NYS OSC Total for State Aid $98,767.42 $59,650.71 $66,684.29, Federal Aid 4089-Federal Aid father $151,737A8 $97,927.06 7 OSC Municipality Code 500335200000 Town of Groton Annual Financial Report For the Fiscal Period 1/01/20 5- 12/31/2125 A-General Results of Operations I Immommmmmommommmommmommommmmm Total for Fe4eral Ale! $t?:l tl $t 1, ,l $l 7, 2 ",00 . OSC Municipality Code 500335200000 Town of Croton Annual Financial Report For the Fiscal Period 01/01/2025- 12/31/2 25 -General Results of Operations General Government Support' Legislative Board 10101 -Legislative Board-Personal Services $17,75336 $1 ,908.48 $1 i 416.00 10104-Legislative ward-Contractual $1,527.85 Total for Legislative Board $19,281.61 $16,908.48 $16,416.00 Judicial 11101 -Municipal Court-Personal Services $88,828. 4 $8 ,457.30 $81,033.24 11102-Municipal Court-Equipment and Capital Outlay $6,243.88 $4,50t1. 0 $389.96 11104-Municipal Court-Contractual $3,467.78 $5,383.16 $6,753.32 Total for Judicial $98,540.10 $9 ,340.46 $88 1 `6.52 Executive 12201 -Supervisor-Personal Services $42,749.46 $40,713.92 $39 527.8 12202-Supervisor-Equipment and Capital Outlay $140.68 12204-Supervisor-Contractual $53914 $1,001.22 $926.07' Total for Executive $43,429.28 $41,715.14 $40,463.87' Finance 13204-Auditor-Contractual $12,95( 00 $12,400.00 $11 7 0.0 13304-Tax Collection-Contractual $5,205.58 $4,218.70 $3,100-00 C SC Municipality Code 50033 2C10000 Town of Groton Annual Financial Report For the Fiscal Period 01/0112025- 12/31/2025 A-General Results of Operations ONNONNINNNINNINNINNEMNOWMNOW Total for Finance $18,156.58 $16,618.70 $14,850.00 Municipal Staff 14101 -Clerk-Personal Services $63,740.56 $64,442.82 $59,656.30 14102-Clerk-Equipment and Capital Outlay $1,424.56 $1,500.00 $780.74 14104-Clerk-Contractual $1,68165 $2,293.63 $1,469A2 14204-Law-Contractual $50,706.26 $20,206.50 $21,558.50 14301 - Personnel-Personal Services $23,919.51 $21,934A5 $20,684.12 14304-Personnel-Contractual $755.70 $500.00 $101.30 14404-Engineer-Contractual $29,750.28 $8,695.00 - Total for Municipal Staff $171,980.52 $119,572.40 $104,250.38 Shared Services 16201 -Operation of Plant-Personal Services $5,687.68 $5,609.05 $6,162,91 16202-Operation of Plant-Equipment and Capital Outlay $2,36427 $56.95 - 16204-Operation of Plant-Contractual $253,504.06 $88,320.19 $58,53018 16402-Central Garage-Equipment and Capital Outlay $10,744,14 $2,353.37 $1,905.31 16,404-Central Garage-Contractual $19,010.02 $10,491.14 $2,864.91 16704-Central Printing and Mailing-Contractual $3,104.71 $2,597.63 $2,929.64 Total for Shared Services $294,414.88 $109,428.33 $72,392.96 Special Items 19104-Unallocated Insurance-Contractual $85,065.25 $78,016.15 $72,411.23 19204-Municipal Association Dues-Contractual $1,510.00 $2,315.00 $1,230.00 Total for Special Items $86,575.25 $80,331.15 $73,64123 10 OSC Municipality Code 500335200000 Town of Groton Annual Financial Report For the Fiscal period 0 1/0 112 5- 12/31/2025 -General Results of Operations Total for General Governments Support $732,378.22 $476,914X6 $ {i,113tt4 Public Safety Traffic Control 33101 -Traffic Control-Personal Services $3,322,80 $3,181.98 $2,637,32 33104-Traffic Control-Contractual $1 ,269.10 $9,601.84 $8,948.63 Total for Traffic Control $13,591.90 $12,783.82 $11,585.95 Animal Control 35104-Cog Control-Contractual $28,199,00 $26,781.77 $22,600.00 Total for Animal Control $26,199. 0 $26 781.77 $22,600.00 Total for Public Safety $39,790.90 $39 566.59 Transportation Highway 50101 -Highway and Street Administration-Personal Services $79,255.80 $75,481.90 $73,283.86 50102-Highway and Street Administration-Equipment and $988.80 $ 80.00 Capital Outlay 50104-Highway and Street Administration-Contractual $1,018.78 $609.57 $805.00 Total for Highway $8 ,274.58 $77 080.27 $74,868.86 Total for Transportation $80,274.58 $77 080.2 Economic Assistance and Opportunity 11 O C Municipality Coda:;500335200000 Town of Groton Annual Financial Report For the Fiscal Period 1/01/2 }25-12/31/2025 A-General Results of Operations IINERNMENNINEMNIENNINNEMENEUM Social Services Programs 66104-Social Services Administration-Contactual $1,500.00 $1,500.00 $1,500.00 Total for Social Services Programs $1,500.00 $1,500.00 $1,500.00 Economic Opportunity and Development 65104-Veterans Service-Contractual $47.5? 7724-Programs for the Aging-Contractual " $5,30U0 $5,300 01 $6,300.00 Total for Economic Opportunity and Development $5,3Qg OO $5,347.50 $6,300.00 Total for Economic Assistance and Opportunity $6,800.00 $6,847.60 $7,800.06 Culture and Recreation Recreation 73104-Youth Program -Contractual $406.00 $34Z00 $509.0 Total for Recreation $406. 0 $342.00 $509.00 Culture 75101 -Historian-Personal nal Services $1,968.32 $1,874.60 $1,820100 75104-Historian'-Contactual $637.00 $391.9 r $750.0 75504-Celebrations-Contractual $550.08 $610.56 $108.0 Total for Culture $3,155.40 $2,877.12 $2,67&00 Total for Culture and Recreation $3,561.40 $3,219.12 $31 7.00 Home and Community Services 12 OSC Municipality Code 50 33 24000 Town of Groton Annual Financial Report For the Fiscal Period 0110112025- 12/31/2025 General Results of Operations Special Services 88104-Cemetery-Contractual $1,205.36 $772.25 $1,445.11 Total for Special Services $1,205. 6 $772.25 $1,445.11 Total for Flame and Community Services $1,205.36 $772.25'. Employee Benefits Employee Benefits 90108-State Retirement Systems-Employee Benefits $22,850.00 $16 71100 $11,86115 i 90308-Social Security-Employee Benefits $2 ,136,57 $22,428.30 $21,779.23 90408-Workers'Compensation- Employee Benefits $9,599.99 $10 400.00 $11,15 I.0 90608-Hospital Medical and Dental Insurance-Employee $105,715.01 $89,738.72 $79, 44.42 Benefits Total for Employee Benefits $161,201.58 $139,280.02' $124,534.90 Total for Employee Benefits $161,201,58 $139,280.02 loom Interfund Transfers lnterfund Transfers 99019-Transfers to Other Funds-Intorfund Transfer $97,927.06 ; Total for lnterfund Transfers $0.00 $0.00 $97,927.06 13 CSC Municipality Code 500335 0000 3! Yawn of Groton Annual Financial Report For the Fiscal Period 01 011202 - 121 1/202 A_Genera! Results of Operations Total for Interfund'Tratisfers $0.00 14 OSC Municipality Cade 500335200000 Town of Groton Annual Financial Report For the Fiscal Period 01/0112 25- 12/31/2025 Aa m General Changes in Fund Balance 8021 -Fund Balance-Beginning of Year $525,153.88 $436,274.28 $464, 91.69 8 315-Prior Period Adjustment OR Change in Accounting $15 911.75 Principle Decrease in Fund Balance 8022-Restated Fund Balance-Beginning of Year $525,153.88 $426,36153 $464,891.69 Add Revenues and Other Sources $82 ,842. 3 $848,47}.76 $725,412.42 Deduct Expenditures and Other lases $1,025,212.04 $743,679.41 $754,129.83 8029-Fund Balance-End of Year $329,784.57 $525,153,8€ $436,274.28 15 CSC Municipality Cade 50033520000 f # Y # � °µ"## # �" •i � � � ° t*• e t.a � � � mm � �;, � .V r��,� £ t � ;; i r3,kf` ;s a� ,�+ '`t �?�;�)S�+ �J�{� ��t� .�1�� t; a. °Y, t?s<,. �x, s 4�„raft,' '�. g .. .. � �. *, iplr {y iyi gyy lily yE � � •• a is •i *• • :. e' � i e# w a • !1 e a m a a �4 C f w • •,� t + • � � ��'„ r au 1 i' r. .` ,4 5 9 ,, i t ldr 4 S �, t � � L .;'2 C 1 �1; { Y- 1 Ott :$ t£. 1, s� e a r r ".t a ��`,�� s't�� € t, t� �Y�„<� � �`�r z%ht �� >, xt�}�t�;x1,?.i;��ar�,.�S`u�.'fY,`r ,`s..uY.,,«,X�,� # Jx �5 f� W t t�„„ S Sa i� c t ,c5 «• � • it • �ri `�• !! e �• ,� } .. �, •s t1 •. it , ; •a.. i# a. � � ,. t r�� a r; `3 ;�t" 4 t u ` �`�' t },y,r, 5, s w � �s e a � o � x x;�,;��' '"�s1 ,�flti z7 `x � � � •. •�"" R. 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Town of Groton Annual Financial Report For the Fiscal Period 01 01/2025- 12/31/2025 General Town-Outside Village Results of Operations Total for Licenses and Permits 26 ,665.9 5 21,41 . , 5 4 � Other Revenues 2750-AIM Related Payments 25, 78.00 Total for Other Revenues $0.00 so.0 21 OSC Municipality Code 500335 00000 t • t- .t- •t t 1" "ts; f;��es.. 3,,� 1,..- ';h.',�`;," '�v 7 ,st }f$�4,+.rrs• s�., .s t.4'�t�}�' �e;,i °t'�"k. '7§ s.�. Y'.:.z�wi �{4 s{y., x , t t t t t t R t t t ,.i r r: • it r a t s. t t: .e r •: ° r t t s t wit. 94 Town of Groton Annual Financial Report For the Fiscal Period 01101/2025- 12/31/2025 B-General Town-Outside Village Changes in Fund Balance IMMMENNNNNWMENINNINEWMEEMM 8021 -Fund Balance-Beginning of Year $269,341.26 $294,8%81 $254,866.29 8015-Prior Period Adjustment OR Change in Accounting $6,664.50 $2.06 Principle-Decrease in Fund Balance 8022-Restated Fund Balance-Beginning of Year $269,341.26 $288,18631 $254,86423 Add Revenues and Other Sources $544,570.56 $299,037.05 $360,229.07 Deduct Expenditures and Other Uses $332,937.62 $317,88210 $320,242.49 8029-Fund Balance-End of Year $480,974.20 $269,341,26 $294,850.81 24 OSC Municipality Code 500335200000