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Home My WebLink About2016 AUDAll Numbers in This Report Have Been Rounded To The Nearest Dollar ANNUAL FINANCIAL REPORT UPDATE DOCUMENT For The TOWN of Lansing County of Tompkins For the Fiscal Year Ended 12/31/2016 AUTHORIZATION ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL LAW: 1. ***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 at the time such reports are required to be filed with the Comptroller to file such report *** State of NEW YORK Office of The State Comptroller Division of Local Government and School Accountability Albany, New York 12236 Page 1 TOWN OF Lansing *** FINANCIAL SECTION *** Financial Information for the following funds and account groups are included in the Annual Financial Report filed by your government for the fiscal year ended 2015 and has been used by the OSC as the basis for preparing this update document for the fiscal year ended 2016: (A) GENERAL (B) GENERAL TOWN -OUTSIDE VG (DA) HIGHWAY -TOWN -WIDE (DB) HIGHWAY -PART -TOWN (H) CAPITAL PROJECTS (K) GENERAL FIXED ASSETS (SD) DRAINAGE (SL) LIGHTING (SS) SEWER (SW) WATER (TA) AGENCY (V) DEBT SERVICE (W) GENERAL LONG-TERM DEBT All amounts included in this update document for 2015 represent data filed by your government with OSC as reviewed and adjusted where necessary. *** SUPPLEMENTAL SECTION *** The Supplemental Section includes the following sections: 1) Statement of Indebtedness 2) Schedule of Time Deposits and Investments 3) Bank Reconciliation 4) Local Government Questionnaire 5) Schedule of Employee and Retiree Benefits 6) Schedule of Energy Costs and Consumption 7) Schedule of Other Post Employment Benefits (OPEB) All numbers in this report will be rounded to the nearest dollar, Page 2 (A) GENERAL Balance Sheet Code Description Assets Cash Cash In Time Deposits Petty Cash TOTAL Cash Accounts Receivable TOTAL Other Receivables (net) Prepaid Expenses TOTAL Prepaid Expenses Cash Special Reserves TOTAL Restricted Assets TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode I 2016 1,702,166 A200 1,755,824 9 A201 9 525 A210 525 1,702,700 1,756,358 26,884 A380 30,760 26,884 30,760 A480 21,636 0 21,636 139,631 A230 111,139 139,631 111,139 1,869,215 1,919,893 Page 3 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (A) GENERAL Balance Sheet 6._" Descrlpion Accounts Payable TOTAL Accounts Payable TOTAL Liabilities Fund Balance Reserve For Excess Dog Control Revenues Reserve For Repairs TOTAL Restricted Fund Balance Assigned Appropriated Fund Balance TOTAL Assigned Fund Balance Unassigned Fund Balance TOTAL Unassigned Fund Balance TOTAL Fund Balance TOTAL Liabilities, Deferred Inflows And Fund Balance 2015 EdpCode 2016 122,192 A600 62,226 122,192 62,226 122,192 62,226 13,585 A872 126,046 A882 139,631 34,000 A914 34,000 1,573,392 A917 1,573,392 1,747,022 1,869,215 35,059 107,319 142,378 3,820 3,820 1,711,469 1,711,469 1,857,667 1,919,893 Page 4 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (A) GENERAL Results of Operation ., U`e Description _ 2015_ 1 EdpCode 2016 Revenues Real Property Taxes 871,823 A1001 1,027,607 TOTAL Real Property Taxes 871,823 1,027,607 Other Payments In Lieu of Taxes 61,642 A1081 75,969 Interest & Penalties On Real Prop Taxes 8,866 A1090 7,741 TOTAL Real Property Tax Items 70,508 83,710 Franchises 36,073 A1170 36,494 TOTAL Non Property Tax Items 36,073 36,494 Clerk Fees 1,511 A1255 1,690 Other General Departmental Income 2,718 A1289 1,760 Public Pound Charges, Dog Control Fees 530 A1550 90 Park And Recreational Charges 346,698 A2001 348,881 Other Home & Community Services Income A2189 18,750 TOTAL Departmental Income 351,457 371,170 General Services, Inter Government 2,579 A2210 1,981 Youth Recreation Services, Other Govts 12,742 A2350 18,265 TOTAL Intergovernmental Charges 15,321 20,246 Interest And Earnings 2,722 A2401 2,849 Rental, Other (specify) 13,547 A2440 15,558 Commissions 1,906 A2450 167 TOTAL Use of Money And Property 18,175 18,574 Games of Chance 10 A2530 10 Bingo Licenses 508 A2540 456 Dog Licenses 23,914 A2544 21,979 Licenses, Other A2545 TOTAL Licenses And Permits 24,432 22,445 Fines And Forfeited Bail 59,034 A2610 52,719 Fines & Pen -Dog Cases 1,890 A2611 1,155 TOTAL Fines And Forfeitures 60,924 53,874 Sales of Scrap & Excess Materials A2650 29,500 Sales, Other 51,511 A2655 53 Insurance Recoveries A2680 TOTAL Sale of Property And Compensation For Loss 51,511 29,553 Refunds of Prior Year's Expenditures 1,866 A2701 25,052 Gifts And Donations 7,912 A2705 15,380 Grants From Local Governments 4,769 A2706 4,056 Unclassified (specify) 5,861 A2770 5,105 TOTAL Miscellaneous Local Sources 20,408 49,594 St Aid, Revenue Sharing 27,085 A3001 27,085 St Aid, Mortgage Tax 270,276 A3005 291,096 St Aid - Other (specify) 200 A3089 St Aid, Youth Programs 888 A3820 888 TOTAL State Aid 298,449 319,069 TOTAL Revenues 1,819,081 2,032,336 Page 5 OSC Municipality Code 500344900000 (A) GENERAL Results of Operation Code Description Other Sources Interfund Transfers TOTAL tnterfund Transfers TOTAL Other Sources TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 6 2015 EdpCode ; 2016 A5031 0 0 0 0 1,819,081 2,032,338 OSC Municipality Code 500344900000 (A) GENERAL Results of Operation (,ode Description Expenditures Legislative Board, Pers Sery Legislative Board, Contr Expend TOTAL Legislative Board Municipal Court, Pers Sery Municipal Court, Contr Expend TOTAL Municipal Court Supervisor,pers Sery Supervisor,equip & Cap Outlay Supervisor,contr Expend TOTAL Supervisor Auditor, Contr Expend TOTAL Auditor Budget, Contr Expend TOTAL Budget Fiscal Agents Fees, Contr Expend TOTAL Fiscal Agents Fees Clerk,pers Sery Cierk,equip & Cap Outlay Clerk,contr Expend TOTAL Clerk Law, Contr Expend TOTAL Law Personnel, Pers Sery Personnel, Contr Expend TOTAL Personnel Engineer, Contr Expend TOTAL Engineer Central Services Admin,pers Sery Central Services Admin,equip & Cap Outlay Central Services Admin,contr Expend TOTAL Central Services Admin Buildings, Pers Sery Buildings, Contr Expend TOTAL Buildings Central Garage, Contr Expend TOTAL Central Garage Central Print & Mail,contr Expend TOTAL Central Print 8, Mail Unallocated Insurance, Contr Expend TOTAL Unallocated Insurance Municipal Assn Dues, Contr Expend TOTAL Municipal Assn Dues Judgements And Claims, Contr Expend TOTAL Judgements And Claims TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 7 2015 EdpCode 2016 38,964 A10101 38,964 607 A10104 357 39,571 39,321 108,733 A11101 114,810 10,883 A11104 10,655 119,616 125,465 128,769 A12201 119,625 A12202 7,852 A12204 8,437 136,621 128,062 16,700 A13204 10,100 16,700 10,100 1,000 A13404 930 1,000 930 1,222 A13804 286 1,222 286 78,605 A14101 81,963 A14102 12,372 A14104 15,128 90,978 97,091 51,351 A14204 69,498 51,351 69,498 8,050 A14301 7,000 828 A14304 268 8,878 7,268 29,735 A14404 23,670 29,735 23,670 3,121 A16101 3,184 990 A16102 10,454 2,060 A16104 18,926 6,171 32,564 25,155 A16201 15,843 59,759 A16204 53,551 84,914 69,395 3,051 A16404 3,280 3,051 3,280 2,753 A16704 2,561 2,753 2,561 40,370 A19104 41,717 40,370 41,717 4,800 A19204 4,650 4,800 4,650 6,847 A19304 6,847 0 OSC Municipality Code 500344900000 (A) GENERAL Results of Operation rode Description _ Expenditures Pur of Land/right of Way, Contr Expend TOTAL Pur of Land/right of Way Taxes & Assess On Munic Prop, Contr Expend TOTAL Taxes & Assess On Munic Prop TOTAL General Government Support Police, Pers Sery Police, Contr Expend TOTAL Police Traffic Control, Pers Sery Traffic Control, Contr Expen TOTAL Traffic Control Control of Animals, Contr Expend TOTAL Control of Animals TOTAL Public Safety Street Admin, Pers Sery Street Admin, Contr Expend TOTAL Street Admin Garage, Pers Sery Garage, Equip & Cap Outlay Garage, Contr Expend TOTAL Garage Street Lighting, Contr Expend TOTAL Street Lighting TOTAL Transportation Programs For Aging, Contr Expend TOTAL Programs For Aging TOTAL Economic Assistance And Opportunity Recreation Admini, Pers Sery Recreation Admini, Contr Expend TOTAL Recreation Admini Parks, Pers Sery Parks, Equip & Cap Outlay Parks, Contr Expend TOTAL Parks Playgr & Rec Centers, Pers Sery Playgr & Rec Centers, Equip & Cap Outlay Playgr & Rec Centers, Contr Expend TOTAL Playgr & Rec Centers Special Rec Facility, Pers Sery Special Rec Facility, Contr Expend TOTAL Special Rec Facility Youth Prog, Pers Sery Youth Frog, Contr Expend TOTAL Youth Prog Joint Youth Frog, Pers Sery TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 EdpCode Page 8 OSC Municipality Code 500344900000 A19404 0 0 930 A19504 775 930 775 645,508 656,631 12,593 A31201 13,721 A31204 12,593 13,721 35,084 A33101 25,759 11,801 A33104 11,915 46,884 37,673 22,620 A35104 21,480 22,620 21,460 82,097 72,875 109,614 A50101 111,578 1,512 A50104 3,505 111,126 115,083 8,576 A51321 5,893 A51322 13,538 33,578 A51324 29,941 42,154 49,372 3,158 A51824 3,300 3,158 3,300 156,438 167,756 9,500 A67724 9,500 9,500 9,500 9,500 9,500 138,246 A70201 150,808 2,866 A70204 3,516 141,111 154,324 44,003 A71101 47,629 41,600 A71102 33,525 40,212 A71104 115,882 125,815 197,036 7,043 A71401 11,164 35,532 A71402 11,906 A71404 13,122 54,481 24,286 9,326 A71801 11,125 406 A71804 409 9,732 11,534 23,848 A73101 11,627 158,405 A73104 159,200 182,253 170,827 29,668 A73201 30,022 Page 8 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (A) GENERAL Results of Operation Code Description 2015 EdpCode 2016 Expenditures Joint Youth Prog, Contr Expend 39,390 A73204 42,194 TOTAL Joint Youth Prog 69,058 72,215 Library, Pers Sery 2,183 A74101 1,524 TOTAL Library 2,183 1,524 Historian, Pers Sery 5,159 A75101 5,271 Historian, Contr Expend 246 A75104 646 TOTAL Historian 5,404 5,917 Other Performing Arts, Contr Expend 9,986 A75604 9,012 TOTAL Other Performing Arts 9,986 9,012 Adult Recreation, Pers Sery 3,010 A76201 3,090 Adult Recreation, Contr Expend 7,711 A76204 7,244 TOTAL Adult Recreation 10,721 10,334 TOTAL Culture And Recreation 610,742 657,008 Disp of Real Prop, Contr Expend A86744 7,700 TOTAL Disp of Real Prop 0 7,700 Flood & Erosion Control, Pers Sery 105 A87451 Flood & Erosion Control, Contr Expend 20,000 A87454 TOTAL Flood & Erosion Control 20,105 0 Gen Natural Resources, Contr Expend 315 A87904 2,465 TOTAL Gen Natural Resources 315 2,465 Cemetery, Pers Sery 4,937 A88101 3,507 Cemetery, Contr Expend 227 A88104 23 TOTAL Cemetery 5,164 3,530 TOTAL Home And Community Services 25,584 13,695 State Retirement System 101,009 A90108 90,215 Social Security, Employer Cont 50,008 A90308 49,154 Worker's Compensation, Empl Bnfts 43,863 A90408 44,726 Unemployment Insurance, Empl Bnfts 4,743 A90508 3,645 Hospital & Medical (dental) Ins, Empl Bnft 119,432 A90608 144,990 Other Employee Benefits (spec) 11,695 A90898 11,496 TOTAL Employee Benefits 330,750 344,226 TOTAL Expenditures 1,860,619 1,921,691 Transfers, Other Funds 103,000 A99019 TOTAL Operating Transfers 103,000 0 TOTAL Other Uses 103,000 0 TOTAL Detail Expenditures And Other Uses 1,963,619 1,921,691 Page 9 OSC Municipality Code 500344900000 (A) GENERAL Analysis of Changes in Fund Balance Code Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Prior Period Adj -Decrease In Fund Balance Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 1,894,871 A8021 1,747,022 3,311 A8015 1,891,560 A8022 1,747,022 1,819,081 2,032,336 1,963,619 1,921,691 1,747,022 A8029 1,857,667 Page 10 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (A) GENERAL Budget Summary Code Descriotlon ' `' _ '"� 7 Elf ' 2016EdpCode r 2017 Estimated Revenues Est Rev - Real Property Taxes 1,026,356 A1049N 896,021 Est Rev - Real Property Tax Items 83,113 A1099N 67,243 Est Rev - Non Property Tax Items 40,000 A1199N 32,000 Est Rev - Departmental Income 311,400 Al 299N 337,210 Est Rev - Intergovernmental Charges 26,643 A2399N 20,765 Est Rev - Use of Money And Property 18,740 A2499N 18,740 Est Rev - Licenses And Permits 27,760 A2599N 22,260 Est Rev - Fines And Forfeitures 60,000 A2649N 46,000 Est Rev - Sale of Prop And Comp For Loss 24,100 A2699N 68,050 Est Rev - Miscellaneous Local Sources 11,500 A2799N 18,000 Est Rev - State Aid 227,973 A3099N 227,973 TOTAL Estimated Revenues 1,857,585 1,754,262 Appropriated Fund Balance 34,000 A599N 215,000 TOTAL Estimated Other Sources 34,000 215,000 TOTAL Estimated Revenues And Other Sources 1,891,585 1,969,262 Page 11 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (A) GENERAL Budget Summary :Code Descrlption Appropriations App - General Government Support App - Public Safety App - Transportation App - Economic Assistance And Opportunity App - Culture And Recreation App - Home And Community Services App - Employee Benefits TOTAL Appropriations TOTAL Appropriations And Other Uses 2016 EdpCode T�_ 2017 698,574 A1999N 666,342 76,330 A3999N 73,950 168,427 A5999N 166,288 9,500 A6999N 9,500 559,125 A7999N 653,550 29,000 A8999N 29,500 350,629 A9199N 370,132 1,891,585 1,969,262 1,891,585 1,969,262 Page 12 OSC Municipality Code 500344900000 (B) GENERAL TOWN -OUTSIDE VG Balance Sheet Crede Description _ Assets Cash Petty Cash TOTAL Cash Accounts Receivable TOTAL Other Recelvables (net) Prepaid Expenses TOTAL Prepaid Expenses TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 343,621 8200 386,003 8210 343,621 386,003 25,201 8380 25,218 25,201 25,218 B480 3,993 0 3,993 368,821 415,214 Page 13 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (B) GENERAL TOWN -OUTSIDE VG Balance Sheet ,otm Description Accounts Payable TOTAL Accounts Payable Due To Employees' Retirement System TOTAL Due To Other Governments TOTAL Liabilities Fund Balance Assigned Appropriated Fund Balance Assigned Unappropriated Fund Balance TOTAL Assigned Fund Balance TOTAL Fund Balance TOTAL Liabilities, Deferred Inflows And Fund Balance 2015 LLjpCodc 2016 19,367 B600 19,367 B637 0 19,367 349,454 349,454 349,454 368,821 8914 6915 4,205 4,205 0 4,205 411,009 411,009 411,009 415,214 Page 14 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (B) GENERAL TOWN -OUTSIDE VG Results of Operation :ode Description 2015 3, ]Ed Code f 2016 Revenues Sales Tax (from County) 255,732 81120 250,447 TOTAL Non Property Tax Items 255,732 250,447 Safety Inspection Fees 1,475 B1560 1,500 Zoning Fees 700 82110 1,525 TOTAL Departmental Income 2,175 3,025 Interest And Earnings 349 B2401 429 TOTAL Use of Money And Property 349 429 Building And Alteration Permits 64,759 82555 65,478 Permits, Other 6,290 82590 11,830 TOTAL Licenses And Permits 71,049 77,308 Sales, Other 272 82655 239 TOTAL Sale of Property And Compensation For Loss 272 239 Refunds of Prior Year's Expenditures 0 62701 912 TOTAL Miscellaneous Local Sources 0 912 TOTAL Revenues 329,577 332,360 TOTAL Detail Revenues And Other Sources 329,577 332,360 Page 15 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (B) GENERAL TOWN -OUTSIDE VG Results of Operation Code Description :'- : ti`r. 2015 L EdpCode 2016 Expenditures Safety Inspection, Pers Sery 95,877 836201 96,269 Safety Inspection, Contr Expend B36204 TOIAL Safety Inspection 95,877 96,269 TO'1AL Public $ately 95,877 96,269 Zoning, Contr Expend 20,530 880104 19,923 1'0Y'AL honing 20,530 19,923 Planning, Pers Sery 880201 Planning, Contr Expend 102,065 B80204 106,380 TOl'AL Planning 102,065 106,380 TOlAL)-luirlf Ahd Community Seivicti 111,595 126,302 State Retirement, Empl Bnfts 16,547 B90108 16,156 Social Security, Empl Bnfts 5,840 890308 5,860 Worker's Compensation, Empl Bnfts 8,224 B90408 8,737 Unemployment Insurance, Empl Bnfts 445 B90508 360 Hospital & Medical (dental) Ins, Empl Bnft 15,265 890608 15,750 Other Employee Benefits (spec) 1,366 B90898 1,371 TOTAL Employee Aenvfts 47,687 48,234 TOTAL Expenditures 266,159 270,805 TOT4i DVjq)j Expenditures And Other Uses 266,159 270,805 Page 16 OSC Municipality Code 500344900000 (B) GENERAL TOWN -OUTSIDE VG Analysis of Changes in Fund Balance Code Description Analysis of Changes In Fund Balance Fund Balance - Beginning of Year Prior Period Adj -Increase In Fund Balance Prior Period Adj -Decrease In Fund Balance Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 286,597 88021 349,454 88012 561 B8015 286,036 B8022 349,454 329,577 332,360 266,159 270,805 349,454 B8029 411,011 Page 17 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (B) GENERAL TOWN -OUTSIDE VG Budget Summary Code Description •. _ 2018 EdpCode Estimated Revenues Est Rev - Non Property Tax Items 248,945 B1199N Est Rev - Departmental Income 2,400 81299N Est Rev - Use of Money And Property 280 B2499N Est Rev - Licenses And Permits 43,300 B2599N Est Rev - Sale of Prop And Comp For Loss 125 B2699N TOTAL Estimated Revenues 295,050 Appropriated Fund Balance 0 B599N TOTAL Estimated Other Sources 0 TOTAL Estimated Revenues And Other Sources 295,050 2017 226,176 2,400 350 53,800 125 282,851 0 282,851 Page 18 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (B) GENERAL TOWN -OUTSIDE VG Budget Summary Code Description - 2016 EdpCode j 2017 __1 Appropriations App - Public Safety 99,075 B3999N 98,341 App - Home And Community Services 135,880 B8999N 133,080 App - Employee Benefits 50,600 B9199N 51,430 TOTAL Appropriations 285,555 282,851 Other Budgetary Purposes 9,495 B962N TOTAL Other Uses 9,495 0 TOTAL Appropriations And Other Uses 295,050 282,851 Page 19 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DA) HIGHWAY -TOWN -WIDE Balance Sheet Code Description _ 20 Edt:°`.'�adr 2016 Assets Cash 485,063 DA200 291,579 TOTAL Cash 485,063 291,579 Accounts Receivable 1,789 DA380 2,154 TOTAL Other Receivables (net) 1,789 2,154 Prepaid Expenses DA480 17,900 TOTAL Prepaid Expenses 0 17,900 Cash Special Reserves 5 DA230 5 TOTAL Restricted Assets 5 5 TOTAL Assets and Deferred Outflows of Resources 486,858 311,638 Page 20 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DA) HIGHWAY -TOWN WIDE Balance Sheet C;;, a Description 2015 EdpCode 2016 Accounts Payable 75,268 DA600 57,700 TOTAL Accounts Payable 75,268 57,700 Due To Employees' Retirement System DA637 TOTAL Due To Other Governments 0 0 TOTAL Liabilities 75,268 57,700 Fund Balance Capital Reserve -7 DA878 5 TOTAL Restricted Fund Balance .7 5 Assigned Appropriated Fund Balance 250,000 DA914 Assigned Unappropriated Fund Balance 161,598 DA915 253,933 TOTAL Assigned Fund Balance 411,598 253,933 TOTAL Fund Balance 411,590 253,938 TOTAL Liabilities, Deferred Inflows And Fund Balance 486,858 311,638 Page 21 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DA) HIGHWAY -TOWN -WIDE Results of Operation L de Descriptlon Revenues Real Property Taxes TOTAL Real Property Taxes Other Payments In Lieu of Taxes Interest & Penalties On Real Prop Taxes TOTAL Real Property Tax Items Transportation Services, Other Govts Snow Removal Services -Other Govts TOTAL Intergovernmental Charges Interest And Earnings Rental of Equipment TOTAL Use of Money And Property Sales of Scrap & Excess Materials TOTAL Sale of Property And Compensation For Loss Refunds of Prior Year's Expenditures Unclassified (specify) TOTAL Miscellaneous Local Sources TOTAL Revenues Interfund Transfers TOTAL Interfund Transfers TOTAL Other Sources TOTAL Detail Revenues And Other Sources 2015 EdpCode 2016 858,527 DA1001 806,803 858,527 806,803 60,712 DA1081 57,558 DA1090 57 60,712 57,616 DA2300 95,313 DA2302 100,364 95,313 100,364 896 DA2401 914 95,313 DA2414 100,364 96,208 101,278 39,881 DA2650 18,703 39,881 18,703 DA2701 12,825 10,567 DA2770 8,116 10,567 20,941 1,161,208 1,105,705 203,000 DA5031 203,000 0 203,000 0 1,364,208 1,105,705 Page 22 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DA) HIGHWAY -TOWN -WIDE Results of Operation L-ae Description 2015 EdpCode 2016 Expenditures Judgements And Claims, Contr Expend 6,325 DA19304 TOTAL Judgements And Claims 6,325 0 TOTAL General Government Support 6,325 0 Machinery, Pers Sery 118,802 DA51301 124,423 Machinery, Equip & Cap Outlay 203,026 DA51302 191,886 Machinery, Contr Expend 176,773 DA51304 157,890 TOTAL Machinery 498,602 474,199 Brush And Weeds, Pers Sery 61,555 DA51401 62,830 Brush And Weeds, Contr Expend 15,378 DA51404 15,000 TOTAL Brush And Weeds 76,933 77,830 Snow Removal, Pers Sery 176,851 DA51421 152,101 Snow Removal, Contr Expend 119,510 DA51424 129,802 TOTAL Snow Removal 296,361 281,902 Services Other Govts, Pers Sery 93,369 DA51481 77,070 Services Other Govts, Contr Expend 95,313 DA51484 82,481 TOTAL Services Other Govts 188,682 159,551 TOTAL Transportation 1,060,578 993,483 State Retirement, Empl Bnfts 87,379 DA90108 75,278 Social Security , Empl Bnfts 27,226 DA90308 25,103 Worker's Compensation, Empl Bnfts 20,104 DA90408 21,366 Unemployment Insurance, Empl Bnfts 2,948 DA90508 2,015 Hospital & Medical (dental) Ins, Empl Bnft 133,536 DA90608 140,243 Other Employee Benefits (spec) 6,367 DA90898 5,871 TOTAL Employee Beneflts 277,560 269,875 TOTAL Expenditures 1,344,463 1,263,358 TOTAL Detail Expenditures And Other Uses 1,344,463 1,263,358 Page 23 OSC Municipality Code 500344900000 (DA) HIGHWAY -TOWN -WIDE Analysis of Changes in Fund Balance (;ode Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Prior Period Adj -Decrease In Fund Balance Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 24 OSC Municipality Code 500344900000 EdpCode 2016 393,235 DA8021 411,590 1,390 DA8015 391,845 DA8022 411,590 1,364,208 1,105,705 1,344,463 1,263,358 411,590 DA8029 253,938 Page 24 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DA) HIGHWAY -TOWN -WIDE Budget Summary [:ode Description _ 2016Edyc;ode 2017 Estimated Revenues Est Rev - Real Property Taxes 806,803 DA1049N 998,729 Est Rev - Real Property Tax Items 57,627 DA1099N 66,034 EsT. ReV. - Intergovernmental Charges 100,364 DA2399N 55,000 Est Rev - Use of Money And Property 101,334 DA2499N 56,150 Est Rev - Sale of Prop And Comp For Loss 89,000 DA2699N 30,000 Est Rev - Miscellaneous Local Sources 13,000 DA2799N 13,000 TOTAL Estimated Revenues 1,168,128 1,218,913 Appropriated Fund Balance 250,000 DA599N TOTAL Estimated Other Sources 250,000 0 TOTAL Estimated Revenues And Other Sources 1,418,128 1,218,913 Page 25 OSC Municipality Code 500344900000 (DA) HIGHWAY -TOWN -WIDE Budget Summary Code Description --- Appropriations App - Transportation App - Employee Benefits TOTAL Appropriations TOTAL Appropriations And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2016 EdpCode j 2017 1,127,440 290,688 1,418,128 1,418,128 DA5999N DA9199N 926,813 292,100 1,218,913 1,218,913 Page 26 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DB) HIGHWAY -PART -TOWN Balance Sheet CA=de Description!F 2015 EdpCode ;4 2018 Assets Cash 723,272 DB200 679,503 TOTAL Cash 723,272 679,503 Accounts Receivable 114,803 DB380 114,882 TOTAL Other Receivables (net) 114,803 114,882 Prepaid Expenses DB480 17,198 TOTAL Prepaid Expenses 0 17,198 TOTAL Assets and Deferred Outflows of Resources 838,075 811,583 Page 27 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DB) HIGHWAY -PART -TOWN Balance Sheet o ranti ,on — j 2015 EdpCode 2016 Accounts Payable 72,190 D6600 14,467 TOTAL Accounts Payable 72,190 14,467 Due To Employees' Retirement System DB637 TOTAL Due To Other Governments 0 0 TOTAL Liabilities 72,190 14,467 Fund Balance Assigned Unappropriated Fund Balance 765,885 DB915 797,117 TOTAL Assigned Fund Balance 765,885 797,117 TOTAL Fund Balance 765,885 797,117 TOTAL Liabilities, Deferred Inflows And Fund Balance 838,075 811,583 Page 28 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DB) HIGHWAY -PART -TOWN Results of Operation !jode Descrirtion _ i . 2015 l E_dpC_ ode ', 2016 Revenues Sales Tax (from County) 1,165,001 DB1120 1,147,084 TOTAL Non Property Tax Items 1,165,001 1,147,084 Interest And Earnings 716 DB2401 804 TOTAL Use of Money And Property 716 804 Gifts And Donations DB2705 30,000 Unclassified (specify) 625 DB2770 375 TOTAL Miscellaneous Local Sources 625 30,375 St Aid, Consolidated Highway Aid 229,176 DB3501 245,681 TOTAL State Aid 229,176 245,681 TOTAL Revenues 1,395,518 1,423,943 TOTAL Detail Revenues And Other Sources 1,395,518 1,423,943 Page 29 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DB) HIGHWAY -PART -TOWN Results of Operation ::ode Description =-2015 s Ed[,Code 1 Expenditures 19,922 DB90308 Judgements And Claims, Contr Expend 11,880 DB19304 TOTAL Judgements And Claims 0 DB90508 TOTAL General Government Support 0 DB90608 Maint of Streets, Pers Sery 254,300 DB51101 Maint of Streets, Equip & Cap Outlay OB51102 Maint of Streets, Contr Expend 352,381 DB51104 TOTAL Maint of Streets 606,680 Perm Improve Highway, Pers Sery 76,234 DB51121 Perm Improve Highway, Equip & Cap Outlay DB51122 Perm Improve Highway, Contr Expend 350,000 DB51124 TOTAL Perm Improve Highway 426,234 TOTAL Transportation 1,032,915 State Retirement, Empl Bnfts 72,956 DB90108 Social Security, Empl Bnfts 19,922 DB90308 Worker's Compensation, Empl Bnfts 11,880 DB90408 Unemployment Insurance, Empl Bnfts DB90508 Hospital & Medical (dental) Ins, Empl Bnft 86,524 DB90608 Other Employee Benefits (spec) 4,659 DB90898 TOTAL Employee Benefits 195,941 TOTAL Expenditures 1,228,856 Transfers, Other Funds 100,000 DB99019 TOTAL Operating Transfers 100,000 TOTAL Other Uses 100,000 TOTAL Detail Expenditures And Other Uses 1,328,856 2016 1,000 1,000 1,000 250,898 101,027 375,893 727,818 77,836 25,576 350,000 453,412 1,181,230 69,691 19,757 11,965 268 104,180 4,621 210,482 1,392,712 0 0 1,392,712 Page 30 OSC Municipality Code 500344900000 (DB) HIGHWAY -PART -TOWN Analysis of Changes in Fund Balance Code Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Prior Period Adj -Decrease In Fund Balance Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 700,224 DB8021 765,885 1,001 DB8015 699,223 DB8022 765,885 1,395,518 1,423,943 1,328,856 1,392,712 765,885 DB8029 797,117 Page 31 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DB) HIGHWAY -PART -TOWN Budget Summary Lode Description „. .2016 [ EdpCode 2017 Estimated Revenues Est Rev - Non Property Tax Items Est Rev - Use of Money And Property Est Rev - Miscellaneous Local Sources Est Rev - State Aid TOTAL Estimated Revenues TOTAL Estimated Revenues And Other Sources 1,111,484 DB1199N 1,308,873 800 DB2499N 800 200 DB2799N 200 200,052 DB3099N 200,000 1,312,536 1,509,873 1,312,536 1,509,873 Page 32 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (DB) HIGHWAY -PART -TOWN Budget Summary ;:cele Description C 2016 Ed ode 2017 Appropriations App - Transportation 1,056,674 DB5999N 1,280,873 App - Employee Benefits 217,336 DB9199N 229,000 TOTAL Appropriations 1,274,010 1,509,873 Other Budgetary Purposes 38,526 DB962N TOTAL Other Uses 38,526 0 TOTAL Appropriations And Other Uses 1,312,536 1,509,873 Page 33 OSC Municipality Code 500344900000 (H) CAPITAL PROJECTS Balance Sheet Code Description Assets Cash TOTAL Cash T8T,p- #,s§�tS and Deferred OutfloOJI of R81615rces TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 1,197,248 H2O0 173,841 1,197,248 173,841 00,249 IIIP 41 Page 34 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (H) CAPITAL PROJECTS Balance Sheet iCMe Description 2015 EdpCode 2016 Accounts Payable 4,363 H600 5,602 TOTAL Accounts Payable 4,363 5,602 Bond Anticipation Notes Payable 2,006,500 H626 2,006,500 TOTAL Notes Payable 2,006,500 2,006,500 TOTAL Liabilities 2,010,863 2,012,102 Fund Balance Unassigned Fund Balance -813,616 H917 -1,838,262 TOTAL Unassigned Fund Balance -813,616 -1,838,262 TOTAL Fund Balance -813,616 -1,838,262 TOTAL Liabilities, Deferred Inflows And Fund Balance 1,197,248 173,841 Page 35 OSC Municipality Code 500344900000 (H) CAPITAL PROJECTS Results of Operation lbode Description Revenues Premium & Accrued Interest On Obligations TOTAL Miscellaneous Local Sources TOTAL Revenues Bond Anticipation Notes TOTAL Proceeds of Obligations TOTAL Other Sources TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 36 2015 EdpCode 16,634 H2710 16,634 16,634 H5730 0 0 16,634 2016 17,780 17,780 17,780 0 0 1 T,780 OSC Municipality Code 500344900000 (H) CAPITAL PROJECTS Results of Operation Code Description Expenditures Traffic Viol Bureau, Equip & Cap Outlay TOTAL Traffic Viol Bureau TOTAL General Government Support Water Capital Projects, Equip & Cap Outlay TOTAL Water Capital Projects TOTAL Home And Community Services TOTAL Expenditures Transfers, Other Funds TOTAL Operating Transfers TOTAL Other Uses TOTAL Detail Expenditures And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 F 2015 1 EdpCode -1--2016 H11302 1,042,427 0 1,042,427 0 1,042,427 501,654 H83972 501,654 0 501,654 0 501,654 1,042,427 328,595 H99019 328, 595 0 328,595 0 830,250 1,042,427 Page 37 OSC Municipality Code 500344900000 (H) CAPITAL PROJECTS Analysis of Changes in Fund Balance :ode Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 -813,616 -813,616 16,634 17,780 830,250 1,042,427 -813,616 -1,838,263 Page 38 OSC Municipality Code 500344900000 (K) GENERAL FIXED ASSETS Balance Sheet Code Description Assets Land Buildings Improvements Other Than Buildings Machinery And Equipment Infrastructure Other Capital Assets TOTAL Fixed Assets (net) TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 513,053 K101 517,504 1,432,821 K102 1,432,821 262,160 K103 262,160 3,782,272 K104 3,800,333 6,853,825 K106 6,853,825 39,617 K107 119,558 12,883,748 12,986,201 12,883,748 12,986,201 Page 39 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (K) GENERAL FIXED ASSETS Balance Sheet !� ode Description Liabilities, Deferred Inflows And Fund Balance Total Non -Current Govt Assets TOTAL Investments in Non -Current Government Assets TOTAL Fund Balance TOTAL 2015 EdpCode 2016 12,883,748 K159 12,986,201 12,883,748 12,986,201 12,883,748 12,986,201 12,883,748 12,986,201 Page 40 OSC Municipality Code 500344900000 (SD) DRAINAGE Balance Sheet Code Description Assets Cash TOTAL Cash Due From Other Funds TOTAL Due From Other Funds TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 41 2015 EdpCode 2016 22,681 SD200 18,703 22,681 18,703 SD391 1,379 0 1,379 22,681 20,082 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SD) DRAINAGE Balance Sheet l.'ode Description _ Accounts Payable TOTAL Accounts Payable Due To Other Funds TOTAL Due To Other Funds TOTAL Liabilities Fund Balance Assigned Unappropriated Fund Balance TOTAL Assigned Fund Balance TOTAL Fund Balance TOTAL Liabilities, Deferred Inflows And Fund Balance c 2015 EdpCodo A))`'" SD600 2,230 0 2,230 SD630 1,379 0 1,379 0 3,609 22,681 SD915 16,473 22,681 16,473 22,681 16,473 22,681 20,082 Page 42 OSC Municipality Code 500344900000 (SD) DRAINAGE Results of Operation Code Description Revenues Special Assessments TOTAL Real Property Taxes Interest And Earnings TOTAL Use of Money And Property TOTAL Revenues TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 43 2015 EdpCode ! 2016 SD1030 0 0 10 SD2401 10 10 10 10 10 10 10 OSC Municipality Code 500344900000 (SD) DRAINAGE Results of Operation LCode Description Expenditures Drainage, Contr Expend TOTAL Drainage TOTAL Home And Community Services TOTAL Expenditures TOTAL Detail Expenditures And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 SD85404 6,218 0 6,218 0 6,218 0 6,218 0 6,218 Page 44 OSC Municipality Code 500344900000 (SD) DRAINAGE Analysis of Changes in Fund Balance Code Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 22,669 S138021 22,679 22,669 SD8022 22,679 10 10 6,218 22,679 SD8029 16,470 Page 45 OSC Municipality Code 500344900000 (SL) LIGHTING Balance Sheet ('ode Desmitre6on Assets Cash TOTAL Cash TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 46 2015 EdpCode 2016 6,480 SL200 7,311 6,480 7,311 6,480 7,311 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SL) LIGHTING Balance Sheet Code Description Accounts Payable TOTAL Accounts Payable TOTAL Liabilities Fund Balance Assigned Unappropriated Fund Balance TOTAL Assigned Fund Balance TOTAL Fund Balance TOTAL Liabilities, Deferred Inflows And Fund Balance —� — 12015 Edpr,,ode 2016 T 1,430 SL600 1,524 1,430 1,524 1,430 1,524 5,051 SL915 5,787 5,051 5,787 5,051 5,787 6,480 7,311 Page 47 OSC Municipality Code 500344900000 (SL) LIGHTING Results of Operation �.We Description Revenues Special Assessments TOTAL Real Property Taxes TOTAL Revenues TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 20I''» EdpCode 2016 18,300 SL1030 17,550 18,300 17,550 18,300 17,550 18,300 17,550 Page 48 OSC Municipality Code 500344900000 (SL) LIGHTING Results of Operation f:ode Description Expenditures Street Lighting, Contr Expend TOTAL Street Lighting TOTAL Transportation TOTAL Expenditures TOTAL Detail Expenditures And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 [ EdpCode 2016 16,166 SL51824 16,814 16,166 16,814 16,166 16,814 16,166 16,814 16,166 16,814 Page 49 OSC Municipality Code 500344900000 (SL) LIGHTING Analysis of Changes in Fund Balance Code Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 50 2015 EdpCode 2016 2,916 SL8021 5,051 2,916 SL8022 5,051 18,300 17,550 16,166 16,814 5,051 SL8029 5,787 OSC Municipality Code 500344900000 (SS) SEWER Balance Sheet Code Description Assets Cash TOTAL Cash Sewer Rents Receivable TOTAL Other Receivables (net) Due From Other Funds TOTAL Due From Other Funds TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 221,511 SS200 251,128 221,511 251,128 7,586 SS360 601 7,586 601 7,076 SS391 12,990 7,076 12,990 236,173 264,719 Page 51 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SS) SEWER Balance Sheet rade Description 2015 EdpCodei'%'ii� Accounts Payable 198 SS600 221 TOTAL Accounts Payable 198 221 TOTAL Liabilities 196 221 Fund Balance Assigned Unappropriated Fund Balance 235,976 SS915 264,498 TOTAL Assigned Fund Balance 235,976 264,498 TOTAL Fund Balance 235,976 264,498 TOTAL Liabilities, Deferred Inflows And Fund Balance 236,173 264,719 Page 52 OSC Municipality Code 500344900000 (SS) SEWER Results of Operation Olde Description Revenues Special Assessments TOTAL Real Property Taxes Sewer Rents Interest & Penalties On Sewer Accts TOTAL Departmental Income Interest And Earnings TOTAL Use of Money And Property Permits, Other TOTAL Licenses And Permits TOTAL Revenues TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 Edpcode 2016 22,202 SS1030 23,436 22,202 23,436 76,144 SS2120 77,909 1,906 SS2128 538 78,049 78,447 159 SS2401 199 159 199 18,000 SS2590 21,000 18,000 21,000 118,411 123,083 118,411 123,083 Page 53 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SS) SEWER Results of Operation Pode Description - d `^ � _ r.€2016 � , I016 12,000 Expenditures 4,720 SS97307 6,144 TOTAL Debt Interest Taxes & Assess On Munic Prop, Contr Expend 67 SS19504 2,564 TOTAL Taxes & Assess On Munic Prop 67 68,160 2,564 TOTAL General Government Support 67 2,564 Sanitary Sewers, Pers Sery 6,928 SS81201 12,837 Sanitary Sewers, Contr Expend 5,326 SS81204 7,529 TOTAL Sanitary Sewers 12,255 20,366 Sewage Treat Disp, Contr Expend 38,580 SS81304 52,524 TOTAL Sewage Treat Disp 38,580 52,524 TOTAL Home And Community Services 50,835 72,690 Social Security , Empl Bnfts 419 SS90308 776 Unemployment Insurance, Empl Bnfts 21 SS90508 4 Other Employee Benefits (spec) 98 SS90898 182 TOTAL Employee Benefits Debt Principal, Bond Anticipation Notes 538 962 12,000 SS97306 12,000 TOTAL Debt Principal 12,000 12,000 Debt Interest, Bond Anticipation Notes 4,720 SS97307 6,144 TOTAL Debt Interest 4,720 6,144 TOTAL Expenditures 68,160 94,561 TOTAL Detail Expenditures And Other Uses 68,160 94,561 Page 54 OSC Municipality Code 500344900000 (SS) SEWER Analysis of Changes in Fund Balance Code Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Prior Period Adj -Decrease In Fund Balance Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 186,204 479 185,725 118,411 68,160 235,976 EdpCode 2016 SS8021 235,976 SS8015 0 SS8022 235,976 123,083 94,561 SS8029 264,498 Page 55 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SS) SEWER Budget Summary Code Description T ° 2016 ! EdpCode Estimated Revenues Est Rev - Real Property Taxes 23,500 SS1049N Est Rev - Departmental Income 60,414 SS1299N Est Rev - Use of Money And Property 150 SS2499N Est Rev -Miscellaneous Local Sources 10,000 SS2799N TOTAL Estimated Revenues 94,064 TOTAL Estimated Revenues And Other Sources 94,064 2017 T 25,141 68,975 150 15,000 109,266 109,266 Page 56 OSC Municipality Code 500344900000 (SS) SEWER Budget Summary :ode Description _ Appropriations App - General Government Support App - Home And Community Services App Employee Benefits App - Debt Service TOTAL Appropriations TOTAL Appropriations And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 201:6 1 EdpCade ,[___ 11,536 SS1999N 63,203 SS8999N 1,180 SS9199N 18,145 SS9899N 94,064 94,064 8,763 79,039 1,360 20,104 109,266 109,266 Page 57 OSC Municipality Code 500344900000 (SW) WATER Balance Sheet Code Description Assets Cash Petty Cash TOTAL Cash Water Rents Receivable TOTAL Other Receivables (net) Prepaid Expenses TOTAL Prepaid Expenses TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 Edp(,ode 1 r ! 1,444,015 SW200 1,537,192 75 SW210 75 1,444,090 1,537,267 30,671 SW350 43,592 30,671 43,592 SW480 379 0 379 1,474,762 1,581,238 Page 58 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SW) WATER Balance Sheet Cotte Description 2015_ —r EdpCode 2016 Accounts Payable 10,367 SW600 12,586 TOTAL Accounts Payable 10,367 12,586 Due To Other Funds 7,076 SW630 12,990 TOTAL Due To Other Funds 7,076 12,990 Due To Employees' Retirement System SW637 TOTAL Due To Other Governments 0 0 TOTAL Liabilities 17,443 25,576 Fund Balance Assigned Unappropriated Fund Balance 1,457,319 SW915 1,555,662 TOTAL Assigned Fund Balance 1,457,319 1,555,662 TOTAL Fund Balance 1,457,319 1,555,662 TOTAL Liabilities, Deferred Inflows And Fund Balance 11474,762 1,581,238 Page 59 OSC Municipality Code 500344900000 (SW) WATER Results of Operation Code msrriptlon Revenues Special Assessments TOTAL Real Property Taxes Metered Water Sales Water Service Charges Interest & Penalties On Water Rents TOTAL Departmental Income Interest And Earnings TOTAL Use of Money And Property Gifts And Donations Unclassified (specify) TOTAL Miscellaneous Local Sources TOTAL Revenues Interfund Transfers TOTAL Interfund Transfers Bond Anticipation Notes TOTAL Proceeds of Obligations TOTAL Other Sources TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdoCodo 585,381 SW1030 481,976 585,381 461,976 757,277 SW2140 826,042 6,654 SW2144 5,706 14,487 SW2148 12,583 778,418 844,331 1,555 SW2401 2,132 1,555 2,132 SW2705 20,000 1,050 SW2770 400 1,050 20,400 1,366,404 1,348,838 328,595 SW5031 328,595 0 SW5730 0 0 328,595 0 1,694,999 1,348,838 Page 60 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (SW) WATER Results of Operation #'cede Description 2015 EdpCode 2016 Expenditures Fiscal Agents Fees, Contr Expend SW13804 1,817 TOTAL Fiscal Agents Fees 0 1,817 Unallocated Insurance, Contr Expend 20,000 SW19104 21,000 TOTAL Unallocated Insurance 20,000 21,000 Judgements And Claims, Contr Expend SW19304 2,500 TOTAL Judgements And Claims 0 2,500 Pur of Land/right of Way, Equip&cap Outlay SW19402 TOTAL Pur of Land/right of Way 0 0 Taxes & Assess On Munic Prop, Contr Expend 113 SW19504 TOTAL Taxes & Assess On Munic Prop 113 0 TOTAL General Government Support 20,113 25,317 Water Administration, Pers Sery 22,923 SW83101 19,243 Water Administration, Contr Expend 23,300 SW83104 58,613 TOTAL Water Administration 46,223 77,855 Source Supply Pwr & Pump, Contr Expend 670,691 SW83204 731,920 TOTAL Source Supply Pwr & Pump 670,691 731,920 Water Trans & Distrib, Pers Sery 28,977 SW83401 47,197 Water Trans & Distrib, Equip & Cap Outlay SW83402 68,884 Water Trans & Distrib, Contr Expend 73,398 SW83404 132,254 TOTAL Water Trans & Distrib 102,375 248,335 TOTAL Home And Community Services 819,289 1,058,110 State Retirement, Empl Bnfts 1,192 SW90108 1,583 Social Security, Empl Bnfts 3,096 SW90308 3,912 Worker's Compensation, Empl Bnfts 7,311 SW90408 8,167 Unemployment Insurance, Empl Bnfts 152 SW90508 172 Hospital & Medical (dental) Ins, Empl Bnft 9,914 SW90608 8,466 Other Employee Benefits (spec) 724 SW90898 915 TOTAL Employee Benefits 22,390 23,215 Debt Principal, Serial Bonds 198,064 SW97106 78,725 Debt Principal, Bond Anticipation Notes 4,000 SW97306 4,000 TOTAL Debt Principal 202,064 82,725 Debt Interest, Serial Bonds 30,218 SW97107 24,579 Debt Interest, Bond Anticipation Notes 1,648 SW97307 36,547 TOTAL Debt Interest 31,867 61,127 TOTAL Expenditures 1,095,723 1,250,495 Transfers, Other Funds SW99019 TOTAL Operating Transfers 0 0 TOTAL Other Uses 0 0 TOTAL Detail Expenditures And Other Uses 1,095,723 1,250,495 Page 61 OSC Municipality Code 500344900000 (SW) WATER Analysis of Changes in Fund Balance irode Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Prior Period Adj -Decrease In Fund Balance Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode F 2016 858,879 SW8021 1,457,319 837 SW8015 858,042 SW8022 1,457,319 1,694,999 1,348,838 1,095,723 1,250,495 1,457,319 SW8029 1,555,882 Page 62 OSC Municipality Code 500344900000 (SW) WATER Budget Summary ode Descrir)tlon Estimated Revenues Est Rev - Real Property Taxes Est Rev - Departmental Income Est Rev - Use of Money And Property TOTAL Estimated Revenues TOTAL Estimated Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2016 EdpCode 481,859 SW1049N 737,500 SW1299N 1,600 SW2499N 1,220,959 1,220,959 2017 492,596 779,200 1,600 1,273,396 1,273,396 Page 63 OSC Municipality Code 500344900000 (SW) WATER Budget Summary Code Description Appropriations App - General Government Support App - Home And Community Services App -Employee Benefits App - Debt Service TOTAL Appropriations TOTAL Appropriations And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2016 EdpCode 2017 103,500 SW1999N 72,293 948,087 SW8999N 981,088 25,520 SW9199N 27,350 143,852 SW9899N 192,665 1,220,959 1,273,396 1,220,959 1,273,396 Page 64 OSC Municipality Code 500344900000 (TA) AGENCY Balance Sheet Code Description Assets Cash TOTAL Cash TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 65 2015 EdpCode 2016 76,287 TA200 13,028 76,287 13,028 76,287 13,028 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (TA) AGENCY Balance Sheet Code Description — State Retirement Group Insurance Assoc & Union Dues Social Security Tax Guaranty & Bid Deposits Deposit of Securities By Bank TOTAL Agency Liabilities TOTAL Liabilities TOTAL Liabilities, Deferred Inflows And Fund Balance 2015 EdpCode TA18 30,888 TA20 -3 TA24 2 TA26 6,668 TA30 38,732 TA32 76,287 76,287 76,287 2016 2,077 10,951 13,028 13,028 13,028 Page 66 OSC Municipality Code 500344900000 (V) DEBT SERVICE Balance Sheet ,Gude Description Assets Cash TOTAL Cash TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 67 2015 EdpCode 2016 28 V200 28 28 28 28 28 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 (V) DEBT SERVICE Balance Sheet ;ode Desviptlon 2015 EdpCode 2018 Fund Balance Assigned Appropriated Fund Balance 28 V914 28 TOTAL Assigned Fund Balance 28 28 TOTAL Fund Balance 28 28 TOTAL Liabilities, Deferred Inflows And Fund Balance 28 28 Page 68 OSC Municipality Code 500344900000 (V) DEBT SERVICE Results of Operation Code Description Revenues Interest And Earnings TOTAL Use of Money And Property TOTAL Revenues TOTAL Detall Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 69 2015 ' EdpCode ', 2016 V2401 0 0 0 0 0 0 OSC Municipality Code 500344900000 Results of Operation TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 70 (V) DEBT SERVICE Analysis of Changes in Fund Balance Code Description Analysis of Changes in Fund Balance Fund Balance - Beginning of Year Restated Fund Balance - Beg of Year ADD - REVENUES AND OTHER SOURCES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 Page 71 2015 - EdpCode 2016 28 V8021 28 28 V8022 28 28 V8029 28 OSC Municipality Code 500344900000 (W) GENERAL LONG-TERM DEBT Balance Sheet Code Description Assets Total Non -Current Govt Liabilities TOTAL Provision To Be Made In Future Budgets TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 2016 1,508,818 W129 1,414,093 1,508,818 1,414,093 1,508,818 1,414,093 Page 72 OSC Municipality Code 500344900000 (W) GENERAL LONG-TERM DEBT Balance Sheet Gide Descrtation Bond Anticipation Notes Payable TOTAL Notes Payable Net Pension Liability -Proportionate Share TOTAL Other Liabilities Bonds Payable TOTAL Bond And Long Term Liabilities TOTAL Liabilities TOTAL Liabilities TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2016 2015 EdpCode 435,081 W626 435,081 195,520 W638 195,520 878,217 W628 878,217 1,508,818 1,508,818 2016 419,081 419,081 195,520 195,520 799,492 799,492 1,414,093 1,414,093 Page 73 OSC Municipality Code 500344900000 uff ice of the btate L omptrouer '11)WIN UN' Lansing Statement of Indebtedness For the Fiscal Year Ending 2016 County of: Tompkins O/S Beg. Paid Redeemed Prior Yr. Municipal Code: 500344900000 Issued of Year Dur. Year Bond Proc. First Debt Cops Comp Date of Date of Int. $4,000 Year Code Description Flag Flag Issue Maturity Rate Var? 2002 BOND E Water #2, Ext #3 Y 08/15/2002 03/15/2021 4.107. Y 2002 BOND E Water #12, Ext #2 Y 08/15/2002 03/15/2021 4.10% Y 2002 BOND E Water #19 Y 08/15/2002 03/15/2021 4.10% Y 2010 BOND E Lansing Sta Water- 12/09/2010 08/09/2030 2.00% $0 EFC $0 $1,700,000 $352,081 $12,000 Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $2,006,500 $2,006,500 2011 BAN N Warren Rd Sewer 08/12/2011 08/12/2013 2.00% $145,000 2015 BAN N BONE PLAIN WIR TANK 09/15/2015 09/14/2016 1.75% PROJECT $2,441,581 $16,000 $0 $0 2008 BAN N Drake Rd 06/18/2008 06/18/2029 2.20% Y Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year AFR Year Total for All Debt Types - Sums Issued Amts only made in AFR Year Page 74 2/22/2017 Amt. Odg. O/S Beg. Paid Redeemed Prior Yr. Accreted Issued of Year Dur. Year Bond Proc. Adjust. Interest $72,935 $24,000 $4,000 $0 $0 $155,158 $58,000 $9,000 $0 $0 $601,152 $213,000 $32,000 $0 $0 $747,060 $583,217 $33,725 $0 $0 $0 $878,217 $78,725 $0 $0 $0 $1,700,000 $352,081 $12,000 $0 50 $2,006,500 $2,006,500 $0 $0 $0 $145,000 $83,000 $4,000 $0 $0 $0 $2,441,581 $16,000 $0 $0 $0 $0 $3,319,798 $94,725 $0 $0 $0 OIS End of Ycnr $20,000 $49,000 $181,000 $549,492 $799,492 $340,081 $2,006,500 $79,000 $2,425,581 $3,225,073 TOWN OF Lansing Schedule of Time Deposits and Investments For the Fiscal Year Ending 2016 EDP Code Amount _ CASH: On Hand 9Z2001 _ $850.00 Demand Deposits 9Z2011 $, aa!E� C) -->a 14 Time Deposits 9Z2021 _ $9.02 Total �aa5, $' Ake COLLATERAL: - FDIC Insurance 9Z2014 $0.00 Collateralized with securities held in possession of municipality or its agent 9Z2014A $6,260,410.00 Total $6,260,410.00 INVESTMENTS: - Securities (450) Book Value (cost) Market Value at Balance Sheet Date Collateralized with securities held in possession of municipality or its agent - Repurchase Agreements (451) Book Value (cost) Market Value at Balance Sheet Date Collateralized with securities held in possession of municipality or its agent 9Z4501 9Z4502 9Z4504A 9Z4511 9Z4512 9Z4514A Page 75 OSC Municipality Code 500344900000 Bank Account Number *****-3007 *****-3007 *****-7383 *****-3007 *****-3007 *****-3007 *****-3007 *****-3355 *****-1189 *****-1189 *****-3007 *****-9202 *****-1189 *****-5645 *****-8718 *****-6249 *****-3007 TOWN OF Lansing Bank Reconciliation For the Fiscal Year Ending 2016 Include All Checking, Savings and C.D. Accounts Add: Less: Adjusted Bank Deposit Outstanding Bank Balance In Transit Checks Balance $22,386 $0 $0 $22,386 $2,119,450 — $0 — $0 $2,119,450 $107,319 $0 _ _ $0 —_—$107,319 _ $2,339 $0 --- $0 _ — $2,339 $1,481 $0 --$0 _ $1,481 $313,895 — $0 ------—___--- $0 _-- $313,895 $657,187 $0 -----$0 _ $657,187 _ $5 ^_— $0 -------.$0 $5 ---$70,703 —_— $0 -- -----$0 - - - $70,703 $1,466,489 _ _ — $0 $0 _ $1,466,489 $14,116 _ _— $8 _ $1,346 _ $12,778 $173,840 $0 — $0 $173,840 $251,128 _— $0 $0 _ $251,128 $18,703 _ _$0 —_—_ $0 $18,703 $7,311 $0 -- $0 _ _ ._$7,311 $28 —_ — --$0 -- $0 - - $28 $33,308 _—$2 _ $33,310 $0 Total Adjusted Bank Balance $5,225,041 Petty Cash — $850.00 Adjustments $.00 Total Cash 9ZCASH * —_ $5,225,891 Total Cash Balance All Funds 9ZCASHB $5,225,892 * Must be equal Page 76 OSC Municipality Code 500344900000 TOWN OF Lansing Local Government Questionnaire For the Fiscal Year Ending 2016 Response 1) Does your municipality have a written procurement policy? Yes 2) Have the financial statements for your municipality been independently audited? Yes If not, are you planning on having an audit conducted? 3) Does your local government participate in an insurance pool with other local Yes governments? 4) Does your local government participate in an investment pool with other local No governments? 5) Does your municipality have a Length of Service Award Program (LOSAP) No for volunteer firefighters? 6) Does your municipality have a Capital Plan? No 7) Has your municipality prepared and documented a risk assessment plan? No If yes, has your municipality used the results to design the system of internal controls? 8) Have you had a change in chief executive or chief fiscal officer during the last Yes year? -- 9) Has your Local Government adopted an investment policy as required by Yes General Municipal Law, Section 39? Page 77 Computed Total From Financial Section (comparative purposes only) TOWN OF Lansing Employee and Retiree Benefits For the Fiscal Year Ending 2016 27 7 Total # of Full # of Part Expenditures Time Time (All Funds) Employees Employees $252,922.17 27 $104,562.9 Total Full Time Employees: $94,960.5 Total Part Time Employees: Account ) Description Code 2T 90101 State Retirement System 9015 Police and Fire Retirement 9025 Local Pension Fund 90303 Social Security 90403 Worker's Compensation Insurance 9045 Life Insurance 9050 Unemployment Insurance 9055 i Disability Insurance 9060 Hospital and Medical (Dental) Insurance 9070 Union Welfare Benefits 9085 Supplemental Benefit Payment to Disabled Fire Fighters 9189 Other Employee Benefits Total Computed Total From Financial Section (comparative purposes only) TOWN OF Lansing Employee and Retiree Benefits For the Fiscal Year Ending 2016 27 7 Total # of Full # of Part Expenditures Time Time (All Funds) Employees Employees $252,922.17 27 $104,562.9 27� I $94,960.5 27 $6,465.7 25 $413,629.011 2T $24,454.21 2� $896,994.61 $896,994.61 Page 78 OSC Municipality 500344900000 # of Retirees 1i Energy Type Gasoline Diesel Fuel Fuel Oil Natural Gas Electricity Coal Propane TOWN OF Lansing Energy Costs and Consumption For the Fiscal Year Ending 2016 Total Total Volume Expenditures Page 79 Units Of Alternative Measure Units Of Measure gallons gallons gallons cubic feet kilowatt-hours tons gallons TOWN OF Lansing Schedule of Other Post Employment Benefits (OPER) For the Fiscal Year Ending 2016 Annual OPEB Cost and Net OPEB Obligation 1. Type of Other Post Employment Benefits Plan 2. Annual Required Contribution(ARC) 3. Interest on Net OPEB Obligation 4. Adjustment to Annual Required Contribution 5. Annual OPEB Expense 6. Less: Actual Contribution Made 7. Increase in Net OPEB Obligation 8. Net OPEB Obligation - beginning of year 9. Net OPEB Obligation - end of year 10. Total Other Post Employment Benefits as reported in Accounts 683 in Financial Section, Current Fiscal Year 11. Percentage of Annual OPEB Cost Contributed (Actual Contribution Made/Annual OPEB Cost) Funded Status and Funding Process 12. Actuarial Accrued Liability(AAL) 13. Less: Actuarial Value of Plan Assets 14. Unfunded Actuarial Accrued Liability(UAAL) 15. Funded Ratio(Actuarial Value of Plan Assets/AAL) 16. Annual Covered Payroll (of active employees covered by the plan) 17. UAAL as Percentage of Annual Covered Payroll Other OPEB Information 18. Date of most recent actuarial valuation 19. Actuarial method used 20. Assumed rate of return on investments discount rate 21. Amortization period of UAAL(in years) .00% Page 80 OSC Municipality 500344900000 TOWN OF Lansing Financial Comments For the Fiscal Year Ending 2016 (SS) SEWER Adjustment Reason Account Code SS8015 Prior year was off by 12 cents Page 81 OSC Municipality Code 50C ��p912p19 V,oetevlGe p p0 oW a{ Lan `59 �9 from 1� X16 00 RedeeMs l COd'e N5�3 p0 F,at o� P�;P, o a � � r ��,� exPe�d,t,►�es Pppco12, $ prin3p 6) ppO.Op Seep VJaf,en R Pad S tGQde g7 S16, WA d $4,V3') Rd Pal n g /306 al ayments �,af,o�s 2 puke B� ptied pP�op #fGm ppCN(Di� Redeem ON FORds Of kwo ome, Eu�dS= paid Ov Page 1 of 1 F`5Ga; wv 2016 at'`ty Code 513 p39pOpp0 OSC TOWN OF LANSING Notes to the Financial Statements For the Fiscal Year Ended December 31, 2016 1. Summary of significant Accounting Policies The financial statements of the Town of Lansing have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to government units. The Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. The more significant of the government's accounting policies are described below. A. Financial Revortine Entity The Town of Lansing has a population of 11,033 according to the 2010 federal census. The incorporated Village of Lansing is located wholly within the Town. The Town is governed by Town Law and other general laws of the State of New York. The Town's legislative body is the Town Board consisting of a Supervisor and four Councilmen. The Supervisor, as Chief Fiscal Officer, is responsible for receiving, disbursing and having custody of all Town monies, and keeping all books of account. The Town Clerk, as Chief Recording Officer, is custodian of all Town papers and records. The financial reporting entity includes organizations, functions, and activities over which elected officials exercise oversight responsibility. Oversight responsibility is determined on the basis of financial interdependency, selection of governing authority, designation of management, ability to significantly influence operations and accountability for fiscal matters. The Town provides the following principal services; transportation (streets and highways), culture -recreation, planning and zoning, public improvements and general administration. Street lighting in the community of Ludlowville is provided for and funded by means of a special ad -valorem tax on real property within the lighting district. The Warren Road Business Park Lighting District #2 and Lakewatch Lighting District #3 is provided for and funded by a per unit assessment. The Southern Cayuga Lake Inter -municipal Water Commission administers and oversees the operation of the Consolidated Water District and all extensions. The furnishing of fire protection in the area of the Town outside the Village is not a Town function. Instead, it is the responsibility of the Fire Commissioners who constitute the governing board of the Lansing Fire District whose boundaries encompass the entire Town including the Village. Fire Commissioners are elected by the qualified voters living within the district. Fire district operations, including the financing thereof through real property taxation are carried out under the direction of the Fire Commissioners. The Town, therefore, has no oversight or managerial responsibility over the function. Although the functions and activities of the Town of Lansing Housing Authority are related to the Town, they are not included in the Town's reporting entity for the following reasons: 1) the Town cannot significantly influence the authority's operation; 2) the Town has no budgetary authority; 3) the authority controls surpluses and deficits; 4) the Town has no responsibility for the authority's debt, 5) the authority's Board of Commissioners control fiscal management. B. Basis of Presentation — Fund Accounting The accounts of the Town are organized on the basis of funds and account groups, each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of self -balancing accounts that comprise its assets, liabilities, equity, revenues, and expenditures. Government resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. 1. Fund Categories a. Governmental Funds — Governmental funds are those through which most governmental functions of the Town are financed. The acquisition, use and balances of the Town's expendable financial resources and the related liabilities are accounted for through governmental funds. The measurement focus is upon determination of changes in financial position, rather than upon the net income determination. General Fund the principal operating fund and includes all operations not required to be recorded in other funds. The Town utilized both the General Fund Townwide and General Fund Outside Village funds. Snecial Revenue Funds — used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes. The following Special Revenue funds are utilized: Highway Fund Townwide Highway Fund Outside Village Lighting District Fund Sewer District Fund Water District Fund Capital Proiects Fund — used to account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by the enterprise, or internal service funds). Debt Service Fund — used to account for current payments of principal and interest on general obligation long- term debt (and for financial resources accumulated in a reserve for payment of future principal and interest on long-term indebtedness). b. Fiduciary Funds — used to account for special activities or services provided by one department to other departments or to other governments on a cost -reimbursement basis. Included are the following; Trust & Aaencv - used to account for money (and/or property) received and held in the capacity of trustee, custodian, or agent. These include expendable trusts, non -expendable trusts and agency funds. 2. Account Groups Account groups are used to establish accounting control and accountability for general capital assets and general long-term debt. The two account groups are not "funds". They are concerned with measurement of financial position and not results of operations. The General Capital Assets Account Grout) — used to account for land, buildings, improvements other than buildings, and equipment utilized for general government purposes, except those accounted for in proprietary funds. The General Lona -Term Debt Account Grout) — used to account for all long-term debt except that accounted for in proprietary funds. These liabilities include serial bonds, bond anticipation notes, and capital leases. C. Basis of Accountina/Measurement Focus Basis of accounting refers to when revenues and expenditures/expenses and the related assets and liabilities are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus. Measurement focus is the determination of what is measured, i.e. expenditures or expenses. Modified Accrual Basis — All Governmental Funds and Expendable Trust Funds are accounted for using the modified accrual basis of accounting. Under this basis of accounting, revenues are recorded when measurable and available. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Material revenues that are accrued include real property taxes, state and federal aid, sales tax and certain user charges. If expenditures are the prime factor for determining eligibility, revenues from federal and state grants are accrued when the expenditure is made. Expenditures are recorded when incurred except that: 1) Expenditures for prepaid expenses and inventory -type items are recognized at the time of purchase. 2) Principal and interest on indebtedness are not recognized as an expenditure until due. 3) Compensated absences, such as vacation and sick leave, which vests or accumulates, are charged as an expenditure when paid. Account Groups — General capital assets are recorded at actual or estimated cost or, in the case of gifts and contributions, at the fair market value at the time received. No provision for depreciation is made. General long-term debt liabilities are recorded at the par value of the principal amount: No liability is recorded for interest payable to maturity D. Property Taxes County real property taxes are levied annually no later than December 311 and become a lien on January 1. Taxes are collected during the period January I" to March 3151. Taxes for county purposes (apportioned to the area of the county outside of the City of Ithaca) are levied together with taxes for the Town and special district purposes as a single bill. The towns and special districts receive the full amount of their levies annually out of the first amounts collected on the combined bills. The county assumes enforcement responsibility for all taxes levied in the towns (and for unpaid county taxes in the city). E. Sales Tax Tompkins County, under the general authority of Article 29 of the Tax Law, imposes a 4% sales tax within its boundaries. The tax is administered and collected by the State Tax Commission in the same manner as that relating to the State imposed 4 % sales and compensating use tax. They are paid by the State to the County and the City, respectively. F. Budgetary Data 1. Budget Policies — The budget policies are as follows: a. No later than September 30, the Town Supervisor, as budget officer, submits a tentative budget to the Town Clerk for the fiscal year commencing the following date. The tentative budget includes proposed expenditures and the proposed means of financing for all funds. b. The tentative budget is submitted by the Town Clerk to the Town Board by October 51' for their approval, it then becomes the preliminary budget. A public hearing must be conducted to obtain taxpayer comments on or before the Thursday immediately following General Election Day. The preliminary budget as submitted or amended must be adopted by November 201. c. All modifications of the budget must be approved by the Town Board, and may amend the budget as necessary during the year. Unexpended appropriations lapse at the end of the fiscal year. 2. Encumbrances Encumbrance accounting, under which purchase orders, contracts and other commitments for the expenditure of monies are recorded for budgetary control purposes to reserve that portion of the applicable appropriations. Encumbrances are reported as reservations of fund balances since they do not constitute expenditures or liabilities. Expenditures for such commitments are recorded in the period in which the liability is incurred. G. Investments Investments are stated at cost, which approximate market value. A. Property. Plant and EauiDment — General Capital assets purchased for general governmental purposes are recorded as expenditures in the governmental funds and are capitalized at costs (or estimated historical costs for assets purchased prior to May 15, 1978) in the General Capital Assets Account Group. Contributed capital assets are recorded at fair market value at the date received. Depreciation on general capital assets, which is recorded in the Town's government -wide financial statements, has not been provided in the annual update document, nor has interest on general capital assets construction in progress been capitalized. I. Insurance The Town assumes the liability for most risk including, but not limited to, property damage and personal injury liability. Judgements and claims are recorded when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimated. J. Comnensatory Absences Employees accrue vacation leave based primarily on the number of years employed up to a maximum rate of 20 days per year, but may carry-over a maximum of only five workdays. Employees accrue sick leave at the rate of one sick day per month by regular full-time employees, up to a maximum of 120 days. Upon retirement, the dollar value of accumulated sick time (based upon the employee's rate of pay at the date of retirement) will be applied toward the cost of the retired employee's portion of the health insurance premium up to age 65. No payment for accumulated sick time will be made for a non -retirement termination. K. Post Emplovment Benefits In addition to providing pension benefits, the Town provides health insurance coverage and survivor benefits for those retired employees and their survivors who retired prior to December 31, 2006. As of January 1, 2007, in the event the retiree predeceases the dependents, the dependents may continue health insurance coverage provided they pay the full cost of the premium. Substantially all the Town's employees may become eligible for these health insurance benefits if (having been granted a bona -fide retirement benefit from NYSERS) the employee has the required years of continuous full-time service with the Town in accordance with the number of years required. Employees hired prior to 5-15-2006 — 10 years Employees hired between 5-15-2006 and 12-21-2014 - 20 years Employees hired after 1-1-2015 - not eligible Health care benefits are provided through The Greater Tompkins County Municipal Health Insurance Consortium whose premiums are based on the benefits paid during the year. The Town recognizes the cost of providing benefits by recording its share of insurance premiums as an expenditure in the year paid. The expenditure is recorded in the General, Highway, & Water Funds. The cost of providing benefits for the 10 retirees is separable from the cost of providing benefits for the 27 active employees. II. Stewardship. Compliance. Accountabilitv A. Deficit Fund Balances There were no deficit fund balances at the end of 2016. III. Detail Notes on All Funds and Account Groups A. Assets 1. Cash and Investments The Town investment policies are governed by state statutes. In addition, the Town has its own written investment policy. Town monies must be deposited in FDIC insured commercial banks or trust companies located within the state. The Town Supervisor, as Chief Fiscal Officer, is authorized to use demand accounts and certificates of deposit. Permissible investments include obligations of the U.S. Treasury and U.S. agencies, repurchase agreements, and obligations of New York State or its localities. Collateral is required for demand deposits and certificates of deposit at 105% of all deposits not covered by federal deposit insurance. Obligations that may be pledged as collateral are obligations of the United States and its agencies and obligations of the State and its municipalities and school districts. Deposits at year-end were entirely covered by federal depository insurance held by the Town's custodial bank in the Town's name. All deposits including certificates of deposit are carried at cost plus accrued interest. 4 2. Changes in Capital Assets A summary of changes in general capital assets follows: Balance Balance Type 12/31/15 Additions Deletions 12/31/16 K101 Land $ 513,053 + 4,451 $ 517,504 K102 Buildings $1,432,821 $ 1,432,821 K103 Improvements $ 262,160 $ 262,160 K104 Machinery/Equip $3,782,272 +435,955 -417,894 $ 3,800,333 K106 Infrastructure $6,853,825 $ 6,853,825 K107 Other Capital Assets $ 39.617 + 80.557 - 616 $ 119.558 TOTAL $12,883,748 +520,963 -418,510 $12,986,201 4 B. Liabilities 1. Pension Plans Plan Descrintion The Town of Lansing participates in the New York State and Local Employees' Retirement System (ERS). This is a cost-sharing multiple -employer retirement system. The System provides retirement benefits as well as death and disability benefits. Obligations of employers and employees to contribute and benefits to employees are governed by the New York State Retirement and Social Security Law (NYSRRSSL). As set forth in the NYSRSSL, the Comptroller of the State of New York (Comptroller) serves as sole trustee and administrative head of the Systems. The Comptroller shall adopt and may amend rules and regulations for the custody and control of their funds. The Systems issue a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to the New York State and Local Retirement Systems, Gov. Alfred E. Smith State Office Building, Albany, NY 12244. Funding Policv The Systems are noncontributory except for employees who joined the New York State and Local Employees' Retirement System after July 27, 1976 who contribute 3% of their salary. Under the authority of the NYSRSSL, the Comptroller shall certify annually the rates expressed as proportions of payroll members, which shall be used in computing the contributions required to be made by employers to the pension accumulation fund. The Town of Lansing is required to contribute at an actuarially determined rate. The required contributions for the current year and two preceding years were: ERS 2014 314,129 2015 310,120 2016 244,424 The Town's contributions made to the Systems were equal to 100 percent of the contributions required for each year. 2. Short Term Debt Summary of Short Term Debt Outstanding Outstanding 12/31/15 Additions Reductions 12/31/16 BANS $2,441,581 $ $ 16,000 $ 2,425,581 On June 17, 2008, a $145,000 BAN was borrowed to pay for a Water District that was created on Drake Road, in The Town of Lansing. The 8th installment of $4,000.00 was paid on the principal on June 12, 2016. On August 12, 2012, a $668,199 BAN was refinanced to pay for a Sewer District that was created on Warren Road, in the Town of Lansing. $12,000 was paid on the principal on August 7, 2016. On September 15, 2015, a $2,006,500 BAN was borrowed to pay for Bone Plain Water Tank Project in The Town of Lansing. No principal payments were made in 2016. 3. L&ng Term Debt a. On December 31, 2015 the total outstanding indebtedness of the Town Aggregated $3,225,073. Of this amount, $83,031,167 is subject to the constitutional debt limit and represents 3.9 % of the Town's debt limit. b. Serial Bonds — The Town borrows money in order to acquire land or equipment or construct buildings and improvements. This enables the cost of these capital assets to be borne by the present and future taxpayers receiving the benefit of the capital assets. These long-term liabilities, which are full faith and credit debt of the local government, are recorded in the General Long Term Debt Account Group. c. Summary of Long Term Debt Outstanding 12/31/15 Additions Serial Bonds $ 295,000 +0 State Loan . 5�+ 83,217 +0 _ $ 878,217 + Outstanding Reductions 12/31/16 -45,000 $250,000 - 33,725 $549,492 - 78,725 $799,492 d. Maturitv Schedule - See Supplemental Section of Annual Update Document. C. Fund Eauity 1. Reserves The Capital projects fund equity includes capital reserve funds established for the following purposes: Pumose Balance 12/31/2016 The Highway Fund (DA) equity includes capital reserve funds established for the following purposes: Highway Equipment $ 5.13 The General Fund (A) equity includes capital reserve funds established for the following purposes: Puruose Balance 12/31/2016 Excess Dog Control Revenues $ 35,058.81 Non -Recurring Repairs $ 107,319.11 Reserve for Park & Rec Equip $ 2,338.92 Technology $ 1,481.09 2. Prior Period Adiustments to Fund Balance SS Fund 2016 Fund Balance was reduced by $.12 (Due to Prior year entries corrected in 2016) Adjustments were made in the OSC changes in fund equity page in previous year adjustments. V. Contingencies 1. The Town of Lansing was awarded a grant from New York State Department of Agriculture and Markets (NYSDAM) for the Farmland Protection Implementation Grant Program to prepare a Farmland protection plan. The awarded amount is $25,000. There has been a lot of progress on this project. We have received the final distribution from this grant in 2016. 2 I, (Edward J LaVigne hereby certify that I am the Chief Fiscal Officer of the Town of BLansing and that the information provided in the annual financial report of the Mown of jLansing for the fiscal year ended ;12/31/2016 is true and correct to the best of my knowledge and belief. By entering the personal identification number assigned by the Office of the State Comptroller to me as the Chief Fiscal Officer of the "Town _ of Lansing and adopted by me as my signature for use in conjunction with the filing of the Town of Lansing s annual financial report, I am evidencing my express intent to authenticate my certification of the ,Town of !Lansing s annual financial report for the fiscal year ended [12/31/2016 and filed by means of electronic data transmission. iSusan Munson*****'** T jEdward J LaVigne Name of Report Preparer Personal Identification Number Name if different than Chief Fiscal Officer of Chief Fiscal Officer 1(607) 533-8893 ITOwn Supervisor Telephone Number Title J(607) 533-8896— Office 33-8896Office Telephone Numbe 129 Auburn Road, Lansing, NY 1488, Official Address -7 u r Date