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Home My WebLink About2019 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 12/31/2019 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 2018 and has been used by the OSC as the basis for preparing this update document for the fiscal year ended 2019: (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 2018 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 All numbers in this report will be rounded to the nearest dollar. Page 2 (A) GENERAL Balance Sheet ode:DRS--cri tip on 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 2019 --..... ........ .... . -- 2018 - •- Ej�Code L-----2019 _20191,885,548 1,885,548 A200 999,117 A201 525 A210 525 1,886,073 999,642 22,592 A380 22,871 22,592 22,871 41,375 A480 44,414 41,375 44,414 170,904 A230 249,458 170,904 249,458 2,120,944 1,316,385' Page 3 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (A) GENERAL Balance Sheet ode Description 2018 Accounts Payable 77,398 TOTAL Accounts Payable 77,398 TOTAL Liabilities 77,398 Fund Balance 150,107 Not in Spendable Form 41,375 TOTAL Nonspendable Fund Balance 41,375 General Reserve 38,931 Reserve For Excess Dog Control Revenues 13,695 Reserve For Repairs 118,278 TOTAL Restricted Fund Balance 170,904 Assigned Appropriated Fund Balance 90,000 TOTAL Assigned Fund Balance 90,000 Unassigned Fund Balance 1,741,266 TOTAL Unassigned Fund Balance 1,741,266 TOTAL Fund Balance 2,043,546 ,TOTAL Liabilities, Deferred Inflows And Fund Balance 2,120,944 EdpCode 2019 A600 54,988 54,988 54,988 A806 44,414 44,414 A870 79,135 A872 20,216 A882 150,107 249,458 A914 100,000 �r 100,000 A917 867,525 867,525 1,261,397 1,316,385 Page 4 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (A) GENERAL Results of Operation ode.Descri tion 2018. Edpcoae 2019 Revenues Real Property Taxes 947,768 A1001 1,101,686 TOTAL Real Property Taxes 947,768 1,101,686 Other Payments In Lieu of Taxes 38,533 A1081 32,278 Interest & Penalties On Real Prop Taxes 8,244 A1090 8,015 TOTAL Real Property Tax Items 46,777 40,292 Franchises 39,638 A1170 38,848 TOTAL Non Property Tax Items 39,638 38,848' Clerk Fees 1,482 A1255 1,382 Other General Departmental Income 2,684 A1289 2,809 Public Pound Charges, Dog Control Fees 260 A1550 320 Park And Recreational Charges 323,251 A2001 337,047 Other Home & Community Services Income 5,000 A2189 4,857 TOTAL Departmental Income 332,676 346,415 Youth Recreation Services, Other Govts 18,961 A2350 23,846 r TOTAL Intergovernmental Charges 18,961 23,846 Interest And Earnings 3,885 A2401 6,884 Rental of Real Property 20,000 A2410 4,401 Rental, Other (specify) 15,833 A2440 16,505 Commissions 2,349 A2450 32 TOTAL Use of Money And Property 42,066 27,822 Games of Chance 10 A2530 Bingo Licenses 295 A2540 Dog Licenses 20,069 A2544 33,748 TOTAL Licenses And Permits 20,374 33,748 Fines And Forfeited Bail 50,870 A2610 46,950 Fines & Pen -Dog Cases 1,325 A2611 1,350 TOTAL Fines And Forfeitures 52,195 48,300 Sales of Scrap & Excess Materials 15,665 A2650 16,975 Sales, Other 71 A2655 32 Sales of Real Property 337,500 A2660 73,869 r TOTAL Sale of Property And Compensation For Loss 353,235 90076 Refunds of Prior Year's Expenditures 17,043 A2701 15,040 Gifts And Donations 7,944 A2705 39,025 Unclassified (specify) 4,500 A2770 4,757 TOTAL Miscellaneous Local Sources 29,487 58,822 St Aid, Revenue Sharing 27,085 A3001 27,085 St Aid, Mortgage Tax 539,866 A3005 213,737 St Aid, Youth Programs 888 A3820 888 TOTAL State Aid 567,839 241,710 TOTAL Revenues 2,451,014 2,052,365 Interfund Transfers 28 A5031 TOTAL Interfund Transfers 28 0 TOTAL Other Sources 28 0 TOTAL Detail Revenues And Other Sources 2,451,042 2,052,365 Page 5 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, Equip & Cap Outlay Municipal Court, Contr Expend TOTAL Municipal Court Supervisor,pers Sery Supervisor, contr Expend TOTAL Supervisor Auditor, Contr Expend TOTAL Auditor Fiscal Agents Fees, Contr Expend TOTAL Fiscal Agents Fees Clerk,pers Sery 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, Equip & Cap Outlay Buildings, Contr Expend TOTAL Buildings Central Garage, Contr Expend TOTAL Central Garage Central Print & Mail,contr Expend TOTAL Central Print & Mail Unallocated Insurance, Contr Expend TOTAL Unallocated Insurance Municipal Assn Dues, Contr Expend TOTAL Municipal Assn Dues Pur of Land/right of Way, Contr Expend TOTAL Pur of Landiright of Way Taxes & Assess On Munic Prop, Contr Expend TOTAL Taxes & Assess On Munic Prop TOTAL General Government Support TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 38,964 3,639 42,603 129,216 11,385 140,601 85,710 4,028 89,738 13,000 13,000 2,238 2,238 83,811 13,145 96,956 102,890 102,890 6,150 771 6,921 54,487 54,487 3,313 8,290 15,739 27,342 7,853 70,293 78,145 61,507 61,507 3,936 3,936 44,419 44,419 3,650 3,650 0 775 775 769,207 EdpCode 2019 A10101 38,964 A10104 1,798 40,762 A11101 130,988 A11102 1,185 A11104 8,250 140,422 A12201 87,546 A12204 4,059 91,606 A13204 13,000 13,000 A13804 914 914 A14101 88,543 A14104 12,422 100,964 A14204 104,929 104,929 A14301 5,300 A14304 580 5,880 A14404 35,740 35,740 A16101 3,313 A16102 18,913 A16104 38,384 60,610 A16201 258 A16202 16,150 A16204 81,986 98,394 A16404 2,707 2,707 A16704 2,563 2,563 A19104 49,883 49,883 A19204 4,650 4,650 A19404 207,712 207,712 A19504 1,687 1,687 962,421 Page 6 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (A) GENERAL Results of Operation od_e Description 201$ EdpCode 2019 Expenditures Police, Pers Sery 13,604 A31201 12,555 TOTAL Police 13,604 12,555 Traffic Control, Pers Sery 23,248 A33101 30,120 Traffic Control, Contr Expen 10,702 A33104 13,414 TOTAL Traffic Control 33,950 43,533 Control of Animals, Contr Expend 21,960 A35104 26,821 TOTAL Control of Animals 21,960 26,821 TOTAL Public Safety 69,513 82,910 Street Admin, Pers Sery 93,571 A50101 89,859 Street Admin, Contr Expend 3,264 A50104 2,197 TOTAL Street Admin 96,836 92,056 Garage, Pers Sery 3,970 A51321 7,989 Garage, Contr Expend 35,286 A51324 32,787 TOTAL Garage 39,256 40,776 Street Lighting, Contr Expend 3,424 A51824 3,105 TOTAL Street Lighting 3,424 3,105 TOTAL Transportation 139,516 135,937 Programs For Aging, Contr Expend 9,500 A67724 9,500 TOTAL Programs For Aging 9,500 9,500 TOTAL Economic Assistance And Opportunity 9,500 9,500 Recreation Admini, Pers Sery 182,183 A70201 153,573 Recreation Admini, Equip & Cap Outlay A70202 160 Recreation Admini, Contr Expend 3,002 A70204 3,451 TOTAL Recreation Admin! 185,185 157,184 Parks, Pers Sery 63,518 A71101 48,999 Parks, Equip & Cap Outlay 47,842 A71102 54,303 Parks, Contr Expend 52,439 A71104 90,366 TOTAL Parks 163,799 193,668 Playgr & Rec Centers, Pers Sery 26,565 A71401 19,071 Playgr & Rec Centers, Equip & Cap Outlay 6,406 A71402 54,146 Playgr & Rec Centers, Contr Expend 14,113 A71404 13,240 TOTAL Playgr & Rec Centers 47,084 86,458 Special Rec Facility, Pers Sery 12,600 A71801 10,599 Special Rec Facility, Contr Expend 705 A71804 1,549 TOTAL Special Rec Facility 13,305 12,149 Youth Prog, Pers Sery 13,407 A73101 19,851 Youth Prog, Equip & Cap Outlay A73102 1,923 Youth Prog, Contr Expend 132,336 A73104 156,140 TOTAL Youth Prog 145,743 177,913, Joint Youth Prog, Pers Sery 35,459 A73201 37,005 Joint Youth Prog, Contr Expend 45,259 A73204 46,038 TOTAL Joint Youth Prog 80,718 83,043 Library, Pers Sery 3,000 A74101 Library, Contr Expend A74104 3,000 TOTAL Library 3,000 3,000+ Page 7 OSC Municipality Code 500344900000 (A) GENERAL Results of Operation ode Description Expenditures Historian, Pers Sery Historian, Contr Expend TOTAL Historian Other Performing Arts, Contr Expend TOTAL Other Performing Arts Adult Recreation, Pers Sery Adult Recreation, Contr Expend TOTAL Adult Recreation TOTAL Culture And Recreation Flood & Erosion Control, Pers Sery Flood & Erosion Control, Contr Expend TOTAL Flood & Erosion Control Gen Natural Resources, Contr Expend TOTAL Gen Natural Resources Cemetery, Pers Sery Cemetery, Contr Expend TOTAL Cemetery TOTAL Home And Community Services State Retirement System Social Security, Employer Cont Worker's Compensation, Empl Bnfts Unemployment Insurance, Empl Bnfts Hospital & Medical (dental) Ins, Empl Bnft Other Employee Benefits (spec) TOTAL Employee Benefits 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 2019 Page 8 2018 EgC-ode 2019 5,484 A75101 5,594 14 A75104 160 5,498 5,754 5,352 A75604 5,612 5,352 5,612 2,925 A76201 3,227 5,151 A76204 6,563 8,076 9,790 657,760 734,571 215 A87451 9,634 A87454 64,246 215 73,879 78 A87904 10 78 10 3,393 A88101 1,953 A88104 2,019 3,393 3,972 3,685 77,862 63,443 A90108 69,589 50,302 A90308 47,469 40,564 A90408 41,077 1,295 A90508 4,150 169,194 A90608 180,475 11,764 A90898 11,102 336,562 353,861 1,985,742 2,357,062 A99019 477,452 0 0 1,985,742 477,452 477,452 2,834,514 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 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 2019 2018 EdpCode 2019 1,578,246 A8021 2,043,546 1,578,246 A8022 2,043,546 2,451,042 2,052,365 1,985,742 2,834,514 2,043,546 A8029 1,261,416 Page 9 OSC Municipality Code 500344900000 (A) GENERAL Budget Summary ode Description Estimated Revenues Est Rev - Real Property Taxes Est Rev - Real Property Tax Items Est Rev - Non Property Tax Items Est Rev - Departmental Income Est Rev - Intergovernmental Charges Est Rev - Use of Money And Property Est Rev - Licenses And Permits Est Rev - Fines And Forfeitures Est Rev - Sale of Prop And Comp For Loss Est Rev - Miscellaneous Local Sources Est Rev - State Aid TOTAL Estimated Revenues Appropriated Reserve Appropriated Fund Balance TOTAL Estimated Other Sources TOTAL Estimated Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2019 EdpCode 2020 1,101,682 Al 049N 1,145,881 37,848 Al 099N 37,134 30,000 A1199N 30,000 365,720 A1299N 376,720 19,318 A2399N 24,693 18,375 A2499N 34,320 26,460 A2599N 24,000 51,000 A2649N 49,000 37,050 A2699N 40,050 5,000 A2799N 5,000 277,973 A3099N 277,973 1,970,426 2,044,771 A511 N 92,688 90,000 A599N 100,000 90,000 192,688 2,060,426 2,237,459 Page 10 OSC Municipality Code 500344900000 (A) GENERAL Budget Summary 156d—p Description 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 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2019 — E *Code 2020 730,037 A1999N 802,682 83,080 A3999N 72,170 151,079 A5999N 140,111 9,500 A6999N 9,750 657,230 A7999N 784,246 27,500 A8999N 25,500 402,000 A9199N 403,000 2,060,426 2,237,459 2,060,426 2,237,459 Page 11 OSC Municipality Code 500344900000 (B) GENERAL TOWN -OUTSIDE VG Balance Sheet ode Description Assets Cash TOTAL Cash Accounts 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 2019 2018 EdpCode 2019 446,099 B200 370,400 446,099 370,400 43,684 B380 51,843 43,684 51,843 5,834 8480 9,938 5,834 9,938 495,617 432,181 Page 12 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (B) GENERAL TOWN -OUTSIDE VG Balance Sheet Code Description Accounts Payable TOTAL Accounts Payable TOTAL Liabilities Fund Balance Not in Spendable Form TOTAL Nonspendable Fund Balance Assigned Unappropriated Fund Balance `TOTAL Assigned Fund_ Balance TOTAL Fund Balance 'TOTAL Liabilities, Deferred Inflows And Fund Balance 2018 E,dpto, e 2119 14,385 B600 16,166 14,385 16,166 14,385 16,166 5,834 8806 9,938 5,834 9,938 475,399 8915 406,077 475,399 406,077 481,233 416,015 495,617 432,181 Page 13 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (B) GENERAL TOWN -OUTSIDE VG Results of Operation — _ [ode Description 2018 EdpCode 2019 Revenues Sales Tax (from County) 251,141 B1120 283,244 TOTAL Non Property Tax Item 251,141 283,244 Safety Inspection Fees 1,625 B1560 1,600 Zoning Fees 575 B2110 1,150 TOTAL Departmental Income 2,200 2,750 Interest And Earnings 797 B2401 1,533 TOTAL Use of Money And Property 797 1,533 Building And Alteration Permits 145,146 B2555 61,798 Permits, Other 6,059 B2590 7,844 TOTAL Licenses And Permits 151,205 69,643 Sales, Other 21 B2655 67 TOTAL Sale of Property And Compensation For Loss 21 67 TOTAL Revenues 405,363 357,236 TOTAL Detail Revenues And Other Sources 405,363 357,236 Page 14 OSC Municipality Code 500344900000 (B) GENERAL TOWN -OUTSIDE VG Results of Operation ode Description Expenditures Safety Inspection, Pers Sery TOTAL Safety Inspection Demo of Unsafe Buildings, Contr Expend TOTAL Demo of Unsafe Buildings TOTAL Public Safety Zoning, Contr Expend TOTAL Zoning Planning, Pers Sery Planning, Equip & Cap Outlay Planning, Contr Expend TOTAL Planning TOTAL Home And Community Services State Retirement, Empl Bnfts Social Security, Empl Bnfts Worker's Compensation, Empl Bnfts Unemployment Insurance, Empl Bnfts Hospital & Medical (dental) Ins, Empl Bnft Other Employee Benefits (spec) TOTAL Employee Benefits TOTAL Expenditures TOTAL Detail Expenditures And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 E�ode 2019 105,764 B36201 109,598 105,764 109,598 B36504 26,000 26,000 105,764 135,598 29,218 B80104 68,398 29,218 68,398 B80201 57,856 926 B80202 690 103,437 B80204 84,022 104,363 142,568 133,581 210,966 17,944 890108 16,273 6,393 B90308 9,928 8,200 890408 8,215 195 B90508 207 24,537 B90608 38,945 1,495 B90898 2,322 58,764 75,890 298,109 422,454 298,109 422,454 Page 15 OSC Municipality Code 500344900000 (B) GENERAL TOWN -OUTSIDE VG 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 2019 - — - — - 2018 EdpCode 2019 373,980 B8021 481,234 373,980 B8022 405,363 357,236 298,109 422,454 481,234 B8029 416,019 Page 16 OSC Municipality Code 500344900000 (B) GENERAL TOWN -OUTSIDE VG Budget Summary ode Despripfion Estimated Revenues Est Rev - Non Property Tax Items Est Rev - Departmental Income Est Rev - Use of Money And Property Est Rev - Licenses And Permits Est Rev - Sale of Prop And Comp For Loss "TOTAL Estimated Revenues TOTAL Estimated Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2419 EdpCode 2020 260,029 B1199N 317,390 2,500 B1299N 2,500 450 B2499N 1,000 64,300 B2599N 66,800 125 B2699N 125 327,404 387,815 327,404 387,815 Page 17 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (B) GENERAL TOWN -OUTSIDE VG Budget Summary ode Des ripion 2019 EdpCode 2020 Appropriations App - General Government Support 30,000 B1999N App - Public Safety 102,324 B3999N 104,365 App - Home And Community Services 132,580 B8999N 188,950 App - Employee Benefits 62,500 B9199N 94,500 TOTAL Appropriations 327,404 387,815 TOTAL Appropriations And Other Uses 327,404 387,815 Page 18 OSC Municipality Code 500344900000 (DA) HIGHWAY -TOWN -WIDE Balance Sheet Vo de Description Assets Cash TOTAL Cash Accounts Receivable TOTAL Other Receivables (net) Prepaid Expenses TOTAL Prepaid Expenses Cash Special Reserves TOTAL Restricted Assets ITOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 - EdpCod2019 283,300 DA200 454,539 283,300 454,539 6,775 DA380 3,610 6,775 3,610 37,331 DA480 30,897 37,331 30,897 15,118 DA230 150,096 15,118 150,096 342,525 639,142 Page 19 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DA) HIGHWAY -TOWN -WIDE Balance Sheet ode Description 2018 EOpCode 2019 Accounts Payable 48,477 DA600 42,952 ;TOTAL Accounts Payable 48,477 42,952 TOTAL Liabilities 48,477 42,952 Fund Balance Not in Spendable Form 37,331 DA806 30,897 'TOTAL Nonspendable Fund Balance 37,331 30,897 Capital Reserve 15,118 DA878 150,096 Other Restricted Fund Balance DA899 TOTAL Restricted Fund Balance 15,118 150,096 Assigned Appropriated Fund Balance DA914 55,000 Assigned Unappropriated Fund Balance 241,598 DA915 360,197 ,TOTAL Assigned Fund Balance 241,598 415,197 TOTAL Fund Balance 294,048 596,190 TOTAL Liabilities, Deferred Inflows And Fund Balance 342,525 639,142 Page 20 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DA) HIGHWAY -TOWN -WIDE Results of Operation Code Description 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 TOTAL Intergovernmental Charges Interest And Earnings Rental of Equipment TOTAL Use of Money And Property Sales of Scrap & Excess Materials Insurance Recoveries TOTAL Sale of Property And Compensation For Loss Unclassified (specify) TOTAL Miscellaneous Local Sources TOTAL Revenues Interfund Transfers TOTAL Interfund Transfers TOTAL Other Sources TOTAL Detail Revenues And Other Sources 2018 EdpCode 2019 1,013,054 DA1001 997,496 1,013,054 997,496 41,222 DA1081 29,270 DA1090 549 41,222 29,819 93,945 DA2300 94,096 93,945 94,096 1,104 DA2401 2,945 93,945 DA2414 94,096 95,050 97,040 1,274 DA2650 3,446 2,756 DA2680 1,197 4,030 4,643 12,842 DA2770 13,707 12,842 13,707 1,260,144 1,236,801 DA5031 477,452 0 477,452 0 477,452 1,260,144 1,714,253 Page 21 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DA) HIGHWAY -TOWN -WIDE Results of Operation ode Description 2018 EdpCode Expenditures Machinery, Pers Sery 118,737 DA51301 Machinery, Equip & Cap Outlay 136,277 DA51302 Machinery, Contr Expend 161,091 DA51304 TOTAL Machinery 416,105 Brush And Weeds, Pers Sery 58,882 DA51401 Brush And Weeds, Contr Expend 14,324 DA51404 TOTAL Brush And Weeds 73,206 Snow Removal, Pers Sery 192,865 DA51421 Snow Removal, Equip & Cap Outlay DA51422 Snow Removal, Contr Expend 156,063 DA51424 TOTAL Snow Removal 348,927 Services Other Govts, Pers Sery 95,175 DA51481 Services Other Govts, Equip & Cap Outlay DA51482 Services Other Govts, Contr Expend 93,971 DA51484 TOTAL Services Other Govts � 189,146 TOTAL Transportation 1,027,384 State Retirement, Empl Bnfts 81,241 DA90108 Social Security, Empl Bnfts 27,778 DA90308 Worker's Compensation, Empl Bnfts 19,000 DA90408 Unemployment Insurance, Empl Bnfts 1,167 DA90508 Hospital & Medical (dental) Ins, Empl Bnft 129,296 DA90608 Other Employee Benefits (spec) 6,497 DA90898 2019 130,059 101,067 219,287 450,413 69,964 15,689 85,653 199,931 12,830 197,161 409,922 104,069 12,830 80,413 197,312 1,143,300 79,219 30,821 20,082 1,483 129,998 7,208 TOTAL Employee Benefits 264,979 268,811 TOTAL Expenditures 1,292,364 1,412,111 TOTAL Detail Expenditures And Other Uses 1,292,364 1,412,111 Page 22 OSC Municipality Code 500344900000 (DA) HIGHWAY -TOWN -WIDE Analysis of Changes in Fund Balance Pode 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 2019 2018 EdpCode 2019 326,271 DA8021 294,051 326,271 DA8022 1,260,144 1,714,253 1,292,364 1,412,111 294,051 DA8029 596,196 Page 23 OSC Municipality Code 500344900000 (DA) HIGHWAY -TOWN -WIDE Budget Summary ode Description Estimated Revenues Est Rev - Real Property Taxes Est Rev - Real Property Tax Items Est Rev - Intergovernmental Charges Est Rev - Use of Money And Property Est Rev - Sale of Prop And Comp For Loss Est Rev - Miscellaneous Local Sources TOTAL Estimated Revenues Appropriated Fund Balance TOTAL Estimated Other Sources TOTAL Estimated Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 I 2019 EdpCode 2020 997,496 DA1049N 1,042,600 27,027 DA1099N 26,544 94,095 DA2399N 97,152 95,100 DA2499N 99,202 17,000 DA2699N 10,000 8,000 DA2799N 8,000 1,238,718 1,283,498 DA599N 55,000 0 55,000 1,238,718 1,338,498 Page 24 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DA) HIGHWAY -TOWN -WIDE Budget Summary bode Description _ 2019 EdpCode Appropriations App - Transportation 901,718 DA5999N App - Employee Benefits 337,000 DA9199N TOTAL Appropriations 1,238,718 TOTAL Appropriations And Other Uses 1,238,718 202.0 1,005,398 333,100 1,338,498 1,338,498 Page 25 OSC Municipality Code 500344900000 (DB) HIGHWAY -PART -TOWN Balance Sheet ode Description Assets 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 2019 2018 EdpCode 2019 772,980 DB200 225,887 772,980 225,887 229,343 DB380 536,894 229,343 536,894 16,611 DB480 16,068 16,611 16,068 DB230 150,090 0 150,090 1,018,933 928,939 Page 26 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DB) HIGHWAY -PART -TOWN Balance Sheet ode Description a Accounts Payable ;TOTAL Accounts Payable TOTAL Liabilities Fund Balance Not in Spendable Form :TOTAL Nonspendable Fund Balance Capital Reserve Other Restricted Fund Balance TOTAL Restricted Fund Balance Assigned Unappropriated Fund Balance TOTAL Assigned Fund Balance TOTAL Fund Balance :TOTAL Liabilities, Deferred Inflows And Fund Balance 2018EdpCode 2019 14,773 DB600 7,245 14,773 7,245. 14,773 7,245 16,611 DB806 16,068 16,611 10068 DB878 150,090 DB899 0 150,090 987,549 DB915 7551535 987,549 755,535 1,004,160 921,694 1,018,933 928,939 Page 27 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DB) HIGHWAY -PART -TOWN Results of Operation ode bescription 2018 Ed�Code 2019 Revenues Sales Tax (from County) 1,318,488 DB1120 1,382,895 TOTAL Non Property Tax Items r 1,318,488 1,382,895 Interest And Earnings 1,253 DB2401 2,280 TOTAL Use of Money And Property 1,253 2,280 Unclassified (specify) 600 DB2770 50 TOTAL Miscellaneous Local Sources 600 50 St Aid, Consolidated Highway Aid 283,690 DB3501 283,776 TOTAL State Aid 283,690 283,776 TOTAL Revenues 1,604,031 1,669,001 TOTAL Detail Revenues And Other Sources 1,604,031 1,669,001 Page 28 OSC Municipality Code 500344900000 (DB) HIGHWAY -PART -TOWN Results of Operation Description , Expenditures Maint of Streets, Pers Sery Maint of Streets, Equip & Cap Outlay Maint of Streets, Contr Expend TOTAL Maint of Streets Perm Improve Highway, Pers Sery Perm Improve Highway, Contr Expend TOTAL Perm Improve Highway TOTAL Transportation State Retirement, Empl Bnfts Social Security, Empl Bnfts Worker's Compensation, Empl Bnfts Unemployment Insurance, Empl Bnfts Hospital & Medical (dental) Ins, Empl Bnft Other Employee Benefits (spec) TOTAL Employee Benefits TOTAL Expenditures TOTAL Detail Expenditures And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 EdpCode ! 2019 290,139 DB51101 335,096 DB51102 140,893 342,526 DS51104 373,778 632,666 849,767 95,593 DB51121 87,999 435,234 DB51124 582,743 530,827 670,742 1,163,493 1,520,509 66,470 DB90108 64,815 23,025 DB90308 25,239 14,500 DB90408 13,692 96 DB90508 761 110,000 DB90608 120,548 5,385 DB90898 5,903 219,475 230,959 1,382,968 1,751,467 1,382,968 1,751,467 Page 29 OSC Municipality Code 500344900000 (DB) HIGHWAY -PART -TOWN 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 2019 2018 EdpCode 2019 783,096 DB8021 1,004,160 783,096 DB8022 1,604,031 1,669,001 1,382,968 1,751,467 1,004,160 DB8029 921,697 Page 30 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (DB) HIGHWAY -PART -TOWN Budget Summary ode bescdption 2019 EdpZ%de 202.0 Estimated Revenues Est Rev - Non Property Tax Items 1,251,315 DB1199N 1,281,900 Est Rev - Use of Money And Property 800 D82499N 2,200 Est Rev - Miscellaneous Local Sources 200 DB2799N 200 Est Rev - State Aid 200,000 DB3099N 200,000 TOTAL Estimated Revenues 1,452,315 1,484,300 Appropriated Reserve 100,000 DB511 N TOTAL Estimated Other Sources 100,000 0 TOTAL Estimated Revenues And Other Sources 1,552,315 1,484,300 Page 31 OSC Municipality Code 500344900000 (DB) HIGHWAY -PART -TOWN Budget Summary Pode 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 2019 2019 EdpCode 2020 1,346,815 DB5999N 1,275,000 205,500 DB9199N 209,300 1,552,315 1,484,300 1,552,315 1,484,300 Page 32 OSC Municipality Code 500344900000 (H) CAPITAL PROJECTS Balance Sheet ode Description Assets Cash TOTAL Cash NOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 201$ EdpCcde 2019 275,404 H2O0 28,442 275,404 28,442 275,404 28,442 Page 33 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (H) CAPITAL PROJECTS Balance Sheet ode Description 2018 EdpCode 2019 Accounts Payable 1,591 H600 1,366 ,TOTAL Accounts Payable 1,591 1,366 Bond Anticipation Notes Payable 2,762,498 H626 2,518,498 TOTAL Notes Payable 2,762,498 2,518,498 TOTAL Liabilities 2,764,089 2,519,864 Fund Balance Committed Fund Balance H913 ;TOTAL Committed Fund Balance D 0 Unassigned Fund Balance -2,488,685 H917 -2,491,422 TOTAL Unassigned Fund Balance -2,488,685 -2,491,422 TOTAL Fund Balance -2,488,685 -2,491,422 TOTAL Liabilities, Deferred Inflows And Fund Balance 275,404 28,442 Page 34 OSC Municipality Code 500344900000 (H) CAPITAL PROJECTS Results of Operation ;Code Description Revenues Premium & Accrued Interest On Obligations TOTAL Miscellaneous Local Sources TOTAL Revenues Bond Anticipation Notes Bans Redeemed From Appropriations TOTAL Proceeds of Obligations TOTAL Other Sources TOTAL Detail Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018EdpCode 2019 5,595 H2710 2,818 51595 2,818 51595 2,818 H5730 59,000 H5731 69,000 59,000 69,000 59,000 69,000 64,595 71,818 Page 35 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (H) CAPITAL PROJECTS Results of Operation ode Description Expenditures Water Trans & Distrib, Equip & Cap Outlay TOTAL Water Trans & Distrib Misc Home & Comm Serv, Equip & Cap Outlay TOTAL Misc Home & Comm Sery TOTAL Home And Community Services Debt Principal, Bond Anticipation Notes 2018 EdpCodeNIMPO19 362,287 H83402 73,373 362,287 73,373 4,002 H89892 1,182 4,002 1,182 366,289 74,555 H97306 TOTAL Debt Principal a 0 Debt Interest, Bond Anticipation Notes 5,493 H97307 TOTAL Debt Interest TOTAL Expenditures TOTAL Detail Expenditures And Other Uses 5,493 0 371,782 74,555 371,782 74,555 Page 36 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (H) CAPITAL PROJECTS Analysis of Changes in Fund Balance Code Description _ _ 2018_.EdpCode ��` 2019 Analysis of Changes in Fund Balance Fund Balance - Beginning of Year -1,780,417 H8021 -2,488,684 Prior Period Adj -Decrease In Fund Balance 401,081 H8015 Restated Fund Balance - Beg of Year -2,181,498 H8022 -2,488,684 ADD - REVENUES AND OTHER SOURCES 64,595 71,818 DEDUCT- EXPENDITURES AND OTHER USES 371,782 74,555 Fund Balance - End of Year -2,488,684 H8029 -2,491,421 Page 37 OSC Municipality Code 500344900000 (K) GENERAL FIXED ASSETS Balance Sheet FOGde Description Assets Land Buildings Improvements Other Than Buildings Machinery And Equipment Infrastructure Other Capital Assets i0 -TA - Fixed Assets (net) OTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 '_ 2018 (EdpCode 2019 533,053 1,773,309 261,460 4,168,627 6,856,787 160,745 13,753,980 13,753,980 K101 K102 K103 K104 K106 K107 681,258 1,526,309 261,460 4,502,633 9,177,609 80,188 16,229,457 16,229,457 Page 38 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (K) GENERAL FIXED ASSETS Balance Sheet ode Description., X01$ dPod X18 Liabilities, Deferred Inflows And Fund Balance -- l[ Total Non -Current Govt Assets AL OTinvestments in Non -Current Government Assets y �OTAL Fund.8alance TOTAL I._3_ 13,753,980 K159 16,229,457 13,753,980 - 1$,229 45_7. 13,753,'060 18;229;457_ Page 39 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SD) DRAINAGE Balance Sheet PR�e -3escaiption 2018 dpCode 20..19 Assets Cash 38,543 SD200 54,130 JflTAL Cash 38,543 54,130 i TAL Assets and Deferred Outflows of Resources 38,543 54,930 Page 40 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SD) DRAINAGE Balance Sheet de 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 r 2018 - EdpCode J _2019 878 SD600 878 0 878 0 37,665 SD915 54,130 37,665 54,130 37,665 54,130 38,543 54,130 Page 41 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SD) DRAINAGE Results of Operation ode Description 2018 Revenues Special Assessments TOTAL Real Property Taxes - 0 Interest And Earnings 31 TOTAL Use of Money And Property 31 TOTAL Revenues 31 TOTAL Detail Revenues And Other Sources 31 4dpC qe 2019 SD1030 23,117 23,117 SD2401 45 45 23,162 23,162 Page 42 OSC Municipality Code 500344900000 (SD) DRAINAGE Results of Operation ode 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 2019 2018 Ed Code 2019 1,671 SD85404 6,696 1,671 6,696 1,671 6,696 11671 6,696 1,671 6,696 Page 43 OSC Municipality Code 500344900000 (SD) DRAINAGE 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 2019 2018 EdpCode 2019 39,301 SD8021 37,662 39,301 SD8022 37,662 31 23,162 1,671 6,696 37,662 SD8029 54,125 Page 44 OSC Municipality Code 500344900000 (SL) LIGHTING Balance Sheet rode Descripkion Assets Cash TOTAL Cash 'TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 EdpCode 2019 5,259 SL200 5,075 5,259 5,075 5,259 5,075 Page 45 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SL) LIGHTING Balance Sheet ode 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 201_8 EdpCode 2_01_9 1,541 SL600 1,509 1,541 1,509 1,541 1,509 3,719 3,719 3,719 5,259 SL915 3,566 3,566 3,566 5,075 Page 46 OSC Municipality Code 500344900000 (SL) LIGHTING Results of Operation Gode Descri�tion 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 2019 IE:: ---2018 boo -7 a JL 2019 16,800 SL1030 17,500 16,800 17,500 16,800 17,500 16,800 17,500 Page 47 OSC Municipality Code 500344900000 (SL) LIGHTING Results of Operation 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 2019 AM 2018 EdpCode2019 Page 48 17,795 SL51824 17,652 17,795 ---rr 17,652 17,795 17,652 17,795 17,652 17,795 17,652 OSC Municipality Code 500344900000 (SL) LIGHTING 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 2019 Page 49 2018 EdpCode 2019 4,714 SL8021 3,719 4,714 SL8022 3,719 16,800 17,500 17,795 17,652 3,719 SL8029 3,566 OSC Municipality Code 500344900000 (SS) SEWER Balance Sheet ,ode Description Assets Cash TOTAL Cash Sewer Rents Receivable TOTAL Other Receivables (net) Due From Other Funds TOTAL Due From Other Funds Prepaid Expenses TOTAL Prepaid Expenses TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018EdpCode_ 2019 287,859 SS200 302,126 287,859 302,126 686 SS360 2,064 686 2,064 414 SS391 17,302 414 17,302 286 SS480 301 286 301 289,246 321,794 Page 50 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SS) SEWER Balance Sheet ode Description Accounts Payable TOTAL Accounts Payable TOTAL Liabilities Fund Balance Not in Spendable Form TOTAL Nonspendable Fund Balance Assigned Appropriated Fund Balance Assigned Unappropriated Fund Balance 'TOTAL Assigned Fund Balance TOTAL Fund Balance TOTAL Liabilities, Deferred Inflows And Fund Balance 2018 bop—dode 2019 154 SS600 563 154 563 154 563 286 SS806 301 286 301 24,350 SS914 14,457 264,456 SS915 306,472 288,806 320,929 289,092 321,230 289,246 321,794 Page 51 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SS) SEWER Results of Operation Code Description 2018 j _EqpCode 2019 Revenues Special Assessments 25,593 SS1030 25,711 TOTAL Real Property Taxes 25,593 25,711 Sewer Rents 109,142 SS2120 113,417 Interest & Penalties On Sewer Accts 329 SS2128 1,901 TOTAL Departmental Income 109,471 115,318 Interest And Earnings 226 SS2401 243 TOTAL Use of Money And Property 226 •" 243 Permits, Other 9,000 SS2590 14,850 TOTAL Licenses And Permits 9,000 14,850 TOTAL Revenues 144,291 156,122 TOTAL Detail Revenues And Other Sources 144,291 156,122 Page 52 OSC Municipality Code 500344900000 (SS) SEWER Results of Operation ode Description Expenditures Unallocated Insurance, Contr Expend TOTAL Unallocated Insurance Taxes & Assess On Munic Prop, Contr Expend TOTAL Taxes & Assess On Munic Prop TOTAL General Government Support I Sanitary Sewers, Pers Sery Sanitary Sewers, Equip & Cap Outlay Sanitary Sewers, Contr Expend TOTAL Sanitary Sewers Sewage Treat Disp, Contr Expend TOTAL Sewage Treat Disp TOTAL Home And Community Services Social Security, Empl Bnfts Unemployment Insurance, Empl Bnfts Other Employee Benefits (spec) TOTAL Employee Benefits Debt Principal, Bond Anticipation Notes TOTAL Debt Principal Debt Interest, Bond Anticipation Notes TOTAL Debt Interest TOTAL Expenditures TOTAL Detail Expenditures And Other Uses TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 ................ _.....—...._._........... ... -- 2018 — - — EdpCode 2019 2,675 SS19104 2,756 2,675 2,756 59 SS19504 55 59 55 2,734 2,811 7,531 SS81201 10,878 SS81202 10,000 16,497 SS81204 8,074 24,028 28,953 69,981 SS81304 70,569 69,981 70,569 94,009 99,522 452 SS90308 632 SS90508 6 106 SS90898 148 558 785 14,000 SS97306 14,000 14,000 14,000 6,666 SS97307 6,866 61666 6,866 117,967 123,984 117,967 123,984 Page 53 OSC Municipality Code 500344900000 (SS) SEWER Analysis of Changes in Fund Balance ode Descriviion 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 2019 2018 EdpCode 2019 262,770 SS8021 289,094 262,770 SS8022 289,094 144,291 156,122 117,967 123,984 289,094 SS8029 321,235 Page 54 OSC Municipality Code 500344900000 (SS) SEWER Budget Summary 159de Description_ Estimated Revenues Est Rev - Real Property Taxes Est Rev - Departmental Income Est Rev - Use of Money And Property Est Rev - Miscellaneous Local Sources TOTAL Estimated Revenues Appropriated Fund Balance TOTAL Estimated Other Sources TOTAL Estimated Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2019 dp—Co de 2,020 25,711 SS1049N 30,425 105,350 SS1299N 109,350 200 SS2499N 250 3,000 SS2799N 6,000 134,261 146,025 24,350 SS599N 14,457 24,350 14,457 158,611 160,482 Page 55 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SS) SEWER Budget Summary _ Code Description 2019 Appropriations App - General Government Support App - Home And Community Services App - Employee Benefits App - Debt Service EdpCode 2020 2,600 SS1999N 133,864 SS8999N 20,866 SS9199N 1,281 SS9899N TOTAL Appropriations 158,611 TOTAL Appropriations And Other Uses 158,611 2,600 130,500 1,675 25,707 160,482 160,482 Page 56 OSC Municipality Code 500344900000 (SW) WATER Balance Sheet ode_ 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 2019 2018 EdpCode 2019 1,639,476 SW200 1,598,375 75 SW210 75 1,639,551 1,598,450 24,351 SW350 28,065 24,351 28,065 1,795 SW480 2,013 1,795 2,013 1,665,697 1,628,528 Page 57 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SW) WATER Balance Sheet Pode Description_2018 Accounts Payable 3,588 SW600 5,896 TOTAL Accounts Payable 3,588 5,896 Due To Other Funds 414 SW630 17,302 TOTAL Due To Other Funds 414 17,302 TOTAL Liabilities 4,002 23,198 Fund Balance Not in Spendable Form 'TOTAL Nonspendable Fund Balance Other Restricted Fund Balance TOTAL Restricted Fund Balance Assigned Unappropriated Fund Balance TOTAL Assigned Fund Balance TOTAL Fund Balance 'TOTAL Liabilities, Deferred Inflows And Fund Balance 1,795 SW806 1,795 SW899 0 1,659,900 SW915 1,659,900 1,661,695 1,665,697 2,013 2,013 230,753 t`. 230,753 1,372,565 1,372,565 1,605,330 1,628,528 Page 58 OSC Municipality Code 500344900000 (SW) WATER Results of Operation Code Description 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 Refunds of Prior Year's Expenditures Premium & Accrued Interest On Obligations Unclassified (specify) 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 2019 2018 1 EdpCode�i= 2019 500,406 SW1030 538,512 500,406 538,512 726,784 SW2140 759,124 19,258 SW2144 4,608 9,708 SW2148 10,575 755,750 774,307 3,431 SW2401 7,398 3,431 7,398 565 SW2701 14,494 SW2710 10,602 800 SW2770 15,859 10,602 1,275,445 1,330,819 SW5730 0 p 0 0 1,275,445 1,330,819 Page 59 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (SW) WATER Results of Operation ode Description 2018 EdpCode 2019 Expenditures Unallocated Insurance, Contr Expend 23,118 SW19104 23,000 TOTAL Unallocated Insurance WM ie,_ 23,118 23,000 i A 7trs'�e iF TOTAL General Government Support �.1""1:w .ir m4'w s�� ., 23,118 23,000 Water Administration, Pers Sery 23,048 SW83101 25,781 Water Administration, Contr Expend 20,715 SW83104 15,972 TOTAL Water Administration 43,763 41,753 Source Supply Pwr & Pump, Contr Expend 654,958 SW83204 667,272 TOTAL Source Supply Pwr & Pump 654,958 667,272 Water Trans & Distrib, Pers Senn 19,553 SW83401 86,026 Water Trans & Distrib, Equip & Cap Outlay 57,586 SW83402 106,452 Water Trans & Distrib, Contr Expend 71,667 SW83404 203,472 TOTAL Water Trans & Distrib 148,806 395,950 TOTAL Home And Community Services 847,527 1,104,975 State Retirement, Empl Bnfts 1,723 SW90108 2,051 Social Security, Empl Bnfts 2,475 SW90308 6,535 Worker's Compensation, Empl Bnfts 8,200 SW90408 8,215 Unemployment Insurance, Empl Bnfts 23 SW90508 519 Hospital & Medical (dental) Ins, Empl Bnft 10,832 SW90608 11,077 Other Employee Benefits (spec) 579 SW90898 1,528 TOTAL Employee Benefits 23,832 29,926 Debt Principal, Serial Bonds 85,087 SW97106 85,789 Debt Principal, Bond Anticipation Notes 45,000 SW97306 55,000 TOTAL Debt Principal 130,087 140,789 Debt Interest, Serial Bonds 18,827 SW97107 15,788 Debt Interest, Bond Anticipation Notes 45,559 SW97307 72,706 TOTAL Debt Interest 64,386 88,494 TOTAL Expenditures 1,088,950 1,387,183 TOTAL Detail Expenditures And Other Uses 1,088,950 1,387,183 Page 60 OSC Municipality Code 500344900000 (SW) WATER Analysis of Changes in Fund Balance Pode 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 2019 2018 E=dpCode 2019 1,475,204 SW8021 1,661,699 1,475,204 SW8022 1,275,445 1,330,819 1,088,950 1,387,183 1,661,699 SW8029 1,605,339 Page 61 OSC Municipality Code 500344900000 (SW) WATER Budget Summary ode Description Estimated Revenues Est Rev - Real Property Taxes Est Rev - Departmental Income Est Rev - Use of Money And Property TOTAL Estimated Revenues Appropriated Fund Balance TOTAL Estimated Other Sources TOTAL Estimated Revenues And Other Sources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2019 E4code 2020 538,512 SW1049N 551,066 768,200 SW1299N 777,000 2,100 SW2499N 6,000 1,308,812 1,334,066 SW599N 230,733 0 230,733 1,308,812 1,564,799 Page 62 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 2019 2619 EdpCode 2020 25,771 SW1999N 25,500 1,022,256 SW8999N 1,282,820 31,499 SW9199N 43,400 229,286 SW9899N 213,079 1,308,812 1,564,799 1,308,812 1,564,799 Page 63 OSC Municipality Code 500344900000 (TA) AGENCY Balance Sheet ode Descd c -.on Assets Cash TOTAL Cash TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 EdpCode 2019 138,937 TA200 153,459 138,937 153,459 138,937 153,459 Page 64 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (TA) AGENCY Balance Sheet ode Description Consolidated Payroll Deferred Compensation State Retirement Group Insurance Nys Income Tax Federal Income Tax Income Executions Social Security Tax Guaranty & Bid Deposits Other Funds (specify) Additional Description Employee Banking,Medicare,Security Deps NOTAL Agency Liabilities TOTAL Liabilities ,TOTAL Liabilities, Deferred Inflows And Fund Balance 2.018 E,dCode _— 2,888 TA10 3,191 TA17 499 TA18 45,573 TA20 3,056 TA21 7,548 TA22 TA23 8,411 TA26 20,387 TA30 47,382 TA85 138,937 138,937 138,937 2019 2,235 3,346 1,250 50,790 3,579 8,785 9,636 17,914 55,925 153,459 153,459 153,459 Page 65 OSC Municipality Code 500344900000 (V) DEBT SERVICE Balance Sheet ode Description Assets Cash TOTAL Cash TOTAL Assets and Deferred Outflows of Resources TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 Page 66 2018 EdpCode,; - 01i V200 OSC Municipality Code 500344900000 Balance Sheet Code Description TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 2018 EdpCode Page 67 2019 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 Results of Operation _._ _ ........... ode Descrition2018 EdpCode 1 2019 Page 68 (V) DEBT SERVICE Results of Operation �C,ode Description Other Uses 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 2019 Page 69 2018 Uppode 2019 28 V99019 28 28 28 OSC Municipality Code 500344900000 (V) DEBT SERVICE 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 DEDUCT -EXPENDITURES AND OTHER USES Fund Balance - End of Year TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 Page 70 2018 EdpCode 2019 28 V8021 28 V8022 28 28 V8029 28 28 28 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (W) GENERAL LONG-TERM DEBT Balance Sheet Depti—n 2018 - — -- - Assets — �--- Total Non -Current Govt Liabilities 805,405 W129 941,041 TOTAL Provision To Be Made In Future Budgets 805,405 941,041 rTOTAL Assets and Deferred Outflows of Resources 805,405 941,041 Page 71 OSC Municipality Code 500344900000 TOWN OF Lansing Annual Update Document For the Fiscal Year Ending 2019 (W) GENERAL LONG-TERM DEBT Balance Sheet ode Description 2018 Bond Anticipation Notes Payable TOTAL Notes Payable 0 Net Pension Liability -Proportionate Share 175,399 TOTAL Other Liabilities , , ,.� 175,399 Bonds Payable 630,006 'TOTAL Bond And Long Term Liabilities 630,006 TOTAL Liabilities 805,405 TOTAL Liabilities 805,405 EdpCode W626 W638 W628 2019 0 396,824 396,824 544,217 544,217 941,041 941,041 Page 72 OSC Municipality Code 500344900000 Office of the State Comptroller TOWN OF Lansing Statement of Indebtedness For the Fiscal Year Ending 2019 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 012, Ext #2 Y 08/15/2002 03/15/2021 4.107o 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 2.0017. $0 EFC $0 $1,700,000 $312,081 $14,000 Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $2,006,500 2011 BAN N Warren Rd Sewer (W) 08/12/2011 09/10/2020 2.00% 2015 BAN N BONE PLAIN WTR TANK 09/15/2015 09/10/2020 1.75% $0 $145,000 $71,000 $4,000 $0 2018 BAN N Drake Rd CWD #4 05/29/2018 09/10/2020 3.00% $244,000 2008 BAN N Drake Rd Water (W) 06/18/2008 06/05/2020 2.35% Y Total for TypelExempt Status - Sums Issued Amts only made in AFR Year $0 $0 AFR Year Total for All Debt Types - Sums Issued Amts only made in AFR Year Page 73 3/10/2020 Amt. Orig. O/S Beg. Paid Redeemed Prior Yr. Accreted Issued of Year Dur. Year Bond Proc. Adjust. Interest $72,935 $12,000 $4,000 $0 $0 $155,158 $30,000 $10,000 $0 $0 $601,152 $108,000 $36,000 $0 $0 $747,060 $480,006 $35,789 $0 $0 $0 $630,006 $85,789 $0 $0 $0 $1,700,000 $312,081 $14,000 $0 $0 $2,006,500 $1,739,417 $41,000 $0 $0 $640,000 $640,000 $185,000 30 $0 $145,000 $71,000 $4,000 $0 $0 $0 $2,762,498 $244,000 $0 $0 $0 $0 $3,392,504 $329,789 $0 $0 $0 O/S End of Year $8,000 $20,000 $72,000 $444,217 $544,217 $298,081 $1,698,417 $455,000 $67,000 $2,518,498 $3,062,715 TOWN OF Lansing Schedule of Time Deposits and Investments For the Fiscal Year Ending 2019 CASH: On Hand Demand Deposits Time Deposits Total COLLATERAL: - FDIC Insurance Collateralized with securities held in possession of municipality or its agent Total 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 EDP Code Amount 9Z2001 $600.00 9Z2011 $4,741,795.59 9Z2021 $4,742,395.59 9Z2014 9Z2014A $5,969,335.82 $5,969,335.82 9Z4501 9Z4502 9Z4504A 9Z4511 9Z4512 9Z4514A Page 74 OSC Municipality Code 500344900000 Bank Account Number *****-3007 *****-3007 *****-7383 *****-3530 *****-3007 ------Juu i *****-3007 *****-5645 --1 1 ua *****-1189 89 *****-3007 *****-9202 *****-3355 TOWN OF Lansing Bank Reconciliation For the Fiscal Year Ending 2019 Include All Checking, Savings and C.D. Accounts Bank Balance $14,531 $1,377,999 $150,107 $44,076 $15,027 $20,033 $60,310 $620,115 $54,130 $6,418 $302,231 $22,361 $1,576,420 Add: Less: Deposit Outstanding In Transit Checks $0 $2,796 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 _............... roc $0 .�Gi3,44L $t) $300,187 $0 Total Adjusted Bank Balance Petty Cash Adjustments Total Cash Total Cash Balance All Funds * Must be equal Adjusted Bank Balance $11,735 $1,377,999 $150,107 zou $44,076 $0 $15,027 $0 $20,033 $0 $60,310 $0 $620,115. $0 $54,130 $1,343 $5,075 _ $105 $302,126 $405 $21,955 $0 $1,576,420 $4,967 $153,459 $0 $28,442 $0 $300,187 $4,741,196 $600.00 $.00 9ZCASH * $4,741,796 9ZCASHB * $4,741,796 Page 75 OSC Municipality Code 500344900000 TOWN OF Lansing Local Government Questionnaire For the Fiscal Year Ending 2019 Page 76 Response 1) Does your municipality have a written procurement policy? Yes 2) Have the financial statements for your municipality been independently audited? No If not, are you planning on having an audit conducted? Yes 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 No year? g) Has your Local Government adopted an investment policy as required by Yes General Municipal Law, Section 39? Page 76 TOWN OF Lansing Employee and Retiree Benefits For the Fiscal Year Ending 2019 Total Full Time Employees: 2,, Total Part Time Employees: 90 Account Description Total i # of Full # of Part # of Retirees Code Expenditures Time Time (All Funds) Employees Employees 90108 State Retirement System $231,946.50 2: 16 901 Police and Fire Retirement 90258 Local Pension Fund 90309 Social Security $120,624.06 9040 Worker's Compensation $91,281.31 Insurance 904513. Life Insurance 9050 Unemployment Insurance $7,125. 90558 Disability Insurance 9060 Hospital and Medical $481,043.1.,. (Dental) Insurance 9070 Union Welfare Benefits 90858 Supplemental Benefit Payment to; Disabled Fire Fighters 91891, Other Employee Benefits $28,210. . _ _... Total $960,231.35 Computed Total From Financial $960,231.35 Section (comparative purposes only) 29 2C- Page 77 OSC Municipality 500344900000 90 I i TOWN OF Lansing Energy Costs and Consumption For the Fiscal Year Ending 2019 Energy Type Total Total Volume Units Of Alternative Expenditures Measure Units Of Measure Gasoline gallons Diesel Fuel gallons Fuel Oil gallons ..... --- ---- Natural as cubic feet -_ t - lectricity kilowatt-hours oal tons T� Propane gallons Page 78 CERTIFICATION OF CHIEF FISCAL OFFICER I, Edward LaVigne , hereby certify that I am the Chief Fiscal Officer of the Town of Lansing and that the information provided in the annual financial report of the Town of Lansing for the fiscal year ended 12/31/2019 , 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 12/31/2019 and filed by means of electronic data transmission. Charmagne Rumgay Name of Report Preparer if different than Chief Fiscal Officer (607) 533-8896 Telephone Number 03/10/2020 Date of Certification Edward LaVigne Name Town Supervisor Title 29 Auburn Rd. Lansing, NY 14882 Official Address 16071 533-8896 Official Telephone Number Page 79 Municipality Code 500344900000 TOWN OF Lansing Financial Comments For the Fiscal Year Ending 2019 Page 80 Town of Lansing 03/10/2020 Financial Edit BANS Paid Statement of. Indebtedness = BANS Total BANS Paid from Listing Principal Financial Section Statement of Indebtedness BAN principal payments All Funds (Code 9730.6) Difference Additional Principal paid on BAN, from Original BAN proceeds. $244,000.00 $69,000.00 $175,000.00 Fiscal Year 2019 Page 1 of 1 OSC Municipality Code 500344900000 Thank you, 500344900000 from the TOWN of LANSING, for your Submission to the Local Government and School Accountability Data Exchange System on 03/23/2020 12:33:29 PM. Please note that this page is not proof that you have submitted the correct file, only that you have successfully attached a file to the EFSDex website. If you wish to confirm that you have transmitted the correct report you can contact OSC's Data Management Unit at 1-866-321-8503 option 4. All submissions are subject to verification by OSC. Home You may save or print this page for your records. TOWN OF LANSING Notes to the Financial Statements For the Fiscal Year Ended December 31, 2019 I. Summary of sieuificant Accountin,, 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 Reaortin,-, 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 Councilpersons. 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 Lighting District #1 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. Special 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 Canital 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 & Aizency - 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 Group — 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 Group_ — 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 AccountingJMeasurement 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 2 D. Property Taxes County real property taxes are levied annually no later than December 31St and become a lien on January 111 . Taxes are collected during the period January 11 to March 31 St. 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). 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. Budeetary 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 5' 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. H. Prouerty. Plant and Eauiument — 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 165 days. Upon retirement, the dollar value of accumulated sick time (based upon the employee's rate of pay at the date H. 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 Emolovment 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. All Town employees may be eligible for these health insurance benefits if hired before January 1, 2015 (having been granted a bona -fide retirement benefit from NYSERS) and the employee has the required years of continuous full-time service with the Town in accordance with the employee handbook. 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 11 retirees is separable from the cost of providing benefits for the 24 active employees. Stewardship, Compliance. Accountability A. Deficit Fund Balances There were no deficit fund balances at the end of 2019. Detail Notes on All Funds and Account Grow) s 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. 2. Changes in Capital Assets A summary of changes in general capital assets follows: F, Balance Balance Type 12/31/18 Additions Deletions 12/31/19 K101 Land $ 533,053 $205,000 $ 56,795 $ 681,258 K102 Buildings $1,773,309 $ 58,000 $ 305,000 $ 1,526,309 K103 Improvements $ 261,460 $ 261,460 K104 Machinery/EquiR $4,168,626 $ 593,587 $ 259,580 $ 4,502,633 K106 Infi-astructure $6,856,787 $ 2,320,822 $ 9,177,609 K107 Other Capital Assets $ 160,745 + $ 80.557 80.188 TOTAL $13,753,980 $3,177,409 $701,932 $16,229,457 F, B. Liabilities 1. Pension Plans Plan Descrivtion 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 2017 235,506 2018 230,250 2019 232,512 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 12/31/18 Additions BANS $2,762,498 $ Reductions $ 244,000 Outstanding 12/31/19 $ 2,518,498 On June 17, 2008, a $145,000 BAN was borrowed to pay for a Water District #2 that was created on Drake Road, in The Town of Lansing. The 11th installment of $4,000.00 was paid on June 9, 2019. On August 12, 2011, a $668,199 BAN was refinanced to pay for a Sewer District that was created on Warren Road, in the Town of Lansing. $14,000 was paid on August 7, 2019. On September 15, 2015, a $2,006,500 BAN was borrowed to pay for Bone Plain Water Tank Project in The Town of Lansing. The second installment $41,000 was paid toward principal on September 11, 2019. On May 29, 2018, a $640,000 BAN was borrowed to pay for Water District #4 on Drake Road, in the Town of Lansing. A principal payment of $10,000 was paid from the Water account and $175,000 was paid from the Original BAN on September 11, 2019. 3. Lona Term Debt a. On December 31, 2019 the total outstanding indebtedness of the Town Aggregated $3,062,715. Of this amount, $91,265,740 is subject to the constitutional debt limit and represents 3.4 % 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 bome 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 Outstanding 12/31/18 Additions Reductions 12/31/19 Serial Bonds $ 150,000 +0 - 50,000 $100,000 State Loan $ 480.006 +0 - 35.789 $444,217 $ 630,006 + - 85,789 $ 544,217 d. Maturitv Schedule - See Supplemental Section of Annual Update Document. C. Fund Eauitr 1. Reserves The Capital projects fund equity includes capital reserve funds established for the following purposes: Purpose Balance 12/31/2019 The Highway Fund (DA) equity includes capital reserve funds established for the following purposes: Highway Equipment $300,186.88 The General Fund (A) equity includes capital reserve funds established for the following purposes: Purpose Balance 12/31/2019 Excess Dog Control Revenues $ 20,216.42 Non -Recurring Repairs $ 150,026.52 Reserve for Park & Rec Equip $ 15,026.52 Technology $ 20,032.68 Parkland & Trailways $ 44,075.73 2. Prior Period Adiustments to Fund Balance V fund cash balance was transferred in 2018, fund balance should be 0. Financial Edit listing: I was told last year, this is an acceptable edit. We paid $175,000 principal towards the Drake Rd CWD#4 BAN, from the original BAN. C