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Home My WebLink About2023 Annual Financial ReportTown of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Authorization Article 3, Section 30 of the General Municipal Law ***Every Municipal Corporation*** shall annually make a report of its financial condition to the Comptroller. Such report shall be made by the Chief Fiscal Officer of such Municipal Corporation*** 1. 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*** Certification Statement I, Ruth Groff (LG500344900000B), hereby certify that I am the Chief Financial 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 12/31/2023, is true and correct to the best of my knowledge and belief. Table of contents Financial Statements .....................................................................................................................1 A - General ..................................................................................................................2 B - General Town-Outside Village ..................................................................................................................20 DA - Highway Town-wide ..................................................................................................................30 DB - Highway Part-town ..................................................................................................................41 H - Capital Projects ..................................................................................................................51 SD - Special District(s) Drainage ..................................................................................................................58 SL - Special District(s) Lighting ..................................................................................................................63 SS - Special District(s) Sewer ..................................................................................................................68 SW - Special District(s) Water ..................................................................................................................77 V - Debt Service ..................................................................................................................87 K - Schedule of Non-Current Government Assets ..................................................................................................................94 W - Schedule of Non-Current Government Liabilities ..................................................................................................................95 Supplemental Schedules .....................................................................................................................96 Statement of Indebtedness ..................................................................................................................97 Bond Repayment ..................................................................................................................99 Bank Reconciliation ..................................................................................................................101 Employee and Retiree Benefits ..................................................................................................................104 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Financial Statements Financial information for the following funds and accounts groups are included in the Annual Financial Report filed by your government for the fiscal year ended 2023 and has been used by the OSC as the basis for preparing this Annual Financial Report for the fiscal year ended 2023: List of funds being used • A - General • B - General Town-Outside Village • DA - Highway Town-wide • DB - Highway Part-town • H - Capital Projects • SD - Special District(s) Drainage • SL - Special District(s) Lighting • SS - Special District(s) Sewer • SW - Special District(s) Water • V - Debt Service • K - Schedule of Non-Current Government Assets • W - Schedule of Non-Current Government Liabilities All amounts included in this Annual Financial Report for 2023 represent data filed by your government with OSC as reviewed and adjusted where necessary. 1 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General A - General Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $783,885.92 $1,033,924.32 $955,372.45 210 - Petty Cash $1,100.00 $525.00 $525.00 220 - Cash From Obligations -$0.00 $4,266.41 Total for Cash and Cash Equivalents $784,985.92 $1,034,449.32 $960,163.86 Restricted Cash and Cash Equivalents 230 - Cash Special Reserves $154,365.21 $157,357.54 $158,319.42 Total for Restricted Cash and Cash Equivalents $154,365.21 $157,357.54 $158,319.42 Net Other Receivables 380 - Accounts Receivable $11,452.60 $16,856.81 $26,642.11 Total for Net Other Receivables $11,452.60 $16,856.81 $26,642.11 Due From 391 - Due From Other Funds $9,000.00 $39,500.00 - Total for Due From $9,000.00 $39,500.00 $0.00 Other Assets 480 - Prepaid Expenses $24,905.79 $19,709.62 $23,354.62 Total for Other Assets $24,905.79 $19,709.62 $23,354.62 2 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Total for Assets $984,709.52 $1,267,873.29 $1,168,480.01 Total for Assets and Deferred Outflows $984,709.52 $1,267,873.29 $1,168,480.01 3 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable $48,126.70 $51,728.43 $63,320.65 601 - Accrued Liabilities $11,193.86 $7,619.13 $9,431.93 730 - Guaranty & Bid Deposits -$800.00 $800.00 Total for Payables $59,320.56 $60,147.56 $73,552.58 Due to 630 - Due To Other Funds $43,874.48 -- 631 - Due To Other Governments Due to Tompkins County - Franchise Fees $2,265.21 -- 637 - Due to Employees Retirement System -$2,632.38 $1,944.96 Total for Due to $46,139.69 $2,632.38 $1,944.96 Other Liabilities 688 - Other Liabilities ARPA FUNDS $285,469.58 $507,273.05 - 690 - Overpayments and Clearing Account -($4,337.00)- 720 - Group Insurance -($2,087.70)$1,521.44 Total for Other Liabilities $285,469.58 $500,848.35 $1,521.44 Total for Liabilities $390,929.83 $563,628.29 $77,018.98 Fund Balance 4 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Nonspendable Fund Balance 806 - Not In Spendable Form $24,905.79 $19,709.62 $23,354.62 Total for Nonspendable Fund Balance $24,905.79 $19,709.62 $23,354.62 Restricted Fund Balance 870 - General Reserve $30,355.28 $30,265.74 $30,250.60 872 - Reserve For Excess Dog Control Revenues $17,106.42 $20,483.42 $21,492.42 882 - Reserve For Repairs $106,903.51 $106,608.38 $106,576.40 Total for Restricted Fund Balance $154,365.21 $157,357.54 $158,319.42 Assigned Fund Balance 914 - Assigned Appropriated Fund Balance -$0.00 $200,000.00 Total for Assigned Fund Balance $0.00 $0.00 $200,000.00 Unassigned Fund Balance 917 - Unassigned Fund Balance $414,508.69 $527,177.84 $709,786.98 Total for Unassigned Fund Balance $414,508.69 $527,177.84 $709,786.98 Total for Fund Balance $593,779.69 $704,245.00 $1,091,461.02 Total for Liabilities, Deferred Inflows and Fund Balances $984,709.52 $1,267,873.29 $1,168,480.00 5 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Property Taxes 1001 - Real Property Taxes $1,444,151.09 $1,189,164.67 $1,132,674.05 Total for Property Taxes $1,444,151.09 $1,189,164.67 $1,132,674.05 Property Tax Items 1081 - Other Payments In Lieu of Taxes $7,253.26 $12,822.16 $13,963.67 1090 - Interest and Penalties on Real Prop Taxes $30,015.32 $8,810.76 $8,053.80 Total for Property Tax Items $37,268.58 $21,632.92 $22,017.47 Non-Property Tax Items 1170 - Franchise Tax $24,610.88 $40,150.31 $39,659.86 Total for Non-Property Tax Items $24,610.88 $40,150.31 $39,659.86 Departmental Income 1255 - Clerk Fees $1,614.39 $1,474.71 $1,695.71 1550 - Public Pound Charges Dog Control Fees $420.00 $350.00 $180.00 2001 - Park and Recreational Charges $597,292.69 $483,208.72 $449,530.25 2189 - Other Home and Community Services Income $8,600.00 $0.00 $10,484.78 Total for Departmental Income $607,927.08 $485,033.43 $461,890.74 Intergovernmental Charges 6 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 2350 - Youth Recreation Services Other Governments Tompkins County Youth Cooperative Program $24,135.00 $21,243.00 $23,358.78 Total for Intergovernmental Charges $24,135.00 $21,243.00 $23,358.78 Use of Money and Property 2401 - Interest and Earnings $3,655.77 $1,123.56 $1,570.80 2410 - Rental of Real Property $13,025.00 $11,100.00 $14,150.00 2440 - Rental Other Community Center, Pavilions, Bait Shop Rent $19,500.99 $20,248.64 $19,281.42 2450 - Commissions $49.19 $55.77 $47.37 Total for Use of Money and Property $36,230.95 $32,527.97 $35,049.59 Licenses and Permits 2544 - Dog Licenses $20,293.00 $21,096.00 $23,703.00 Total for Licenses and Permits $20,293.00 $21,096.00 $23,703.00 Fines and Forfeitures 2610 - Fines and Forfeited Bail $30,389.00 $36,759.50 $37,694.00 2611 - Fines and Penalties Dog Cases $575.00 $775.00 $455.00 Total for Fines and Forfeitures $30,964.00 $37,534.50 $38,149.00 Sales of Property and Compensation for Loss 2650 - Sales of Scrap and Excess Materials $21,000.00 $29,228.50 $26,000.00 2655 - Sales Other $39.25 $7.75 $60.75 2660 - Sales of Real Property -$0.00 $500.00 2680 - Insurance Recoveries $3,568.00 $2,054.93 $1,775.33 7 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for Sales of Property and Compensation for Loss $24,607.25 $31,291.18 $28,336.08 Other Revenues 2701 - Refunds of Prior Year Expenditures $2,092.00 $0.00 $7,322.17 2705 - Gifts and Donations $10,361.86 $5,656.09 $7,533.77 2750 - AIM Related Payments -$0.00 $27,085.00 2770 - Unclassified Misc. Reimbursements, Drop In Program Donations $847.76 $3,356.15 $40.51 Total for Other Revenues $13,301.62 $9,012.24 $41,981.45 State Aid 3001 - State Aid Revenue Sharing $27,085.00 $27,085.00 - 3005 - State Aid Mortgage Tax $277,446.70 $359,456.92 $397,074.87 Total for State Aid $304,531.70 $386,541.92 $397,074.87 Federal Aid 4089 - Federal Aid Other $231,759.54 $262,342.22 - Total for Federal Aid $231,759.54 $262,342.22 $0.00 Total for Revenues $2,799,780.69 $2,537,570.36 $2,243,894.89 Other Sources Operating Transfers 5031 - Interfund Transfers $49,811.20 $0.00 $17,740.00 Total for Operating Transfers $49,811.20 $0.00 $17,740.00 8 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for Other Sources $49,811.20 $0.00 $17,740.00 Total for Revenues and Other Sources $2,849,591.89 $2,537,570.36 $2,261,634.89 9 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures General Government Support Legislative Board 10101 - Legislative Board - Personal Services $38,963.60 $38,963.60 $38,964.00 10104 - Legislative Board - Contractual $1,572.42 $278.24 $109.38 Total for Legislative Board $40,536.02 $39,241.84 $39,073.38 Judicial 11101 - Municipal Court - Personal Services $134,269.46 $127,655.65 $111,723.95 11104 - Municipal Court - Contractual $10,495.71 $6,288.04 $6,539.23 Total for Judicial $144,765.17 $133,943.69 $118,263.18 Executive 12201 - Supervisor - Personal Services $159,014.07 $159,424.16 $116,366.87 12204 - Supervisor - Contractual $9,798.10 $14,679.61 $4,153.64 Total for Executive $168,812.17 $174,103.77 $120,520.51 Finance 13204 - Auditor - Contractual $16,000.00 $14,500.00 $13,500.00 13804 - Fiscal Agents Fees - Contractual $2,316.50 $2,779.50 $4,424.00 Total for Finance $18,316.50 $17,279.50 $17,924.00 10 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Municipal Staff 14101 - Clerk - Personal Services $122,023.44 $110,330.12 $101,185.63 14104 - Clerk - Contractual $12,926.37 $12,082.28 $12,005.71 14204 - Law - Contractual $132,256.80 $170,667.00 $120,976.25 14301 - Personnel - Personal Services $1,200.00 $1,200.00 $2,200.00 14304 - Personnel - Contractual $214.90 $334.90 $347.77 14404 - Engineer - Contractual $74,946.00 $82,036.70 $139,837.85 Total for Municipal Staff $343,567.51 $376,651.00 $376,553.21 Shared Services 16101 - Central Services Administration - Personal Services $12,000.00 $10,125.12 $5,000.00 16102 - Central Services Administration - Equipment and Capital Outlay -$0.00 $22,328.00 16104 - Central Services Administration - Contractual $78,152.68 $103,396.99 $37,772.07 16204 - Operation of Plant - Contractual $94,774.37 $78,132.98 $76,317.02 16404 - Central Garage - Contractual $3,223.37 $3,243.13 $3,837.97 16704 - Central Printing and Mailing - Contractual $1,185.31 $636.37 $840.28 Total for Shared Services $189,335.73 $195,534.59 $146,095.34 Special Items 19104 - Unallocated Insurance - Contractual $69,407.44 $64,067.00 $55,156.51 19204 - Municipal Association Dues - Contractual $5,869.50 $4,213.00 $3,650.00 19404 - Purchase of Land/Right of Way - Contractual -$70,843.48 - 19504 - Taxes and Assessments on Municipal Property - Contractual $10,362.74 $8,623.26 $8,381.16 Total for Special Items $85,639.68 $147,746.74 $67,187.67 11 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for General Government Support $990,972.78 $1,084,501.13 $885,617.29 Public Safety Law Enforcement 31201 - Police - Personal Services $15,679.48 $12,488.62 $8,632.18 Total for Law Enforcement $15,679.48 $12,488.62 $8,632.18 Traffic Control 33101 - Traffic Control - Personal Services $36,919.51 $12,225.16 $18,805.08 33104 - Traffic Control - Contractual $15,157.22 $12,989.99 $11,895.49 Total for Traffic Control $52,076.73 $25,215.15 $30,700.57 Animal Control 35104 - Dog Control - Contractual $23,120.00 $21,900.00 $22,100.75 Total for Animal Control $23,120.00 $21,900.00 $22,100.75 Total for Public Safety $90,876.21 $59,603.77 $61,433.50 Transportation Highway 50101 - Highway and Street Administration - Personal Services $141,209.06 $124,319.84 $116,902.40 50104 - Highway and Street Administration - Contractual $2,613.20 $2,288.48 $4,225.21 51102 - Maintenance of Roads - Equipment and Capital Outlay $38,366.14 -- 51302 - Machinery - Equipment and Capital Outlay $43,874.48 -- 51321 - Garage - Personal Services -$0.00 $6,019.10 12 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 51324 - Garage - Contractual $54,518.67 $60,024.95 $59,718.88 51824 - Street Lighting - Contractual $2,433.79 $2,679.34 $3,669.85 Total for Highway $283,015.34 $189,312.61 $190,535.44 Total for Transportation $283,015.34 $189,312.61 $190,535.44 Economic Assistance and Opportunity Economic Opportunity and Development 67724 - Programs for the Aging - Contractual $19,750.00 $9,750.00 $9,750.00 Total for Economic Opportunity and Development $19,750.00 $9,750.00 $9,750.00 Total for Economic Assistance and Opportunity $19,750.00 $9,750.00 $9,750.00 Culture and Recreation C&R - Administration 70201 - Parks and Recreation Administration - Personal Services $202,296.57 $196,702.52 $180,607.49 70204 - Parks and Recreation Administration - Contractual $4,187.67 $4,816.45 $2,735.87 Total for C&R - Administration $206,484.24 $201,518.97 $183,343.36 Recreation 71101 - Parks - Personal Services $89,119.22 $90,929.22 $92,510.20 71102 - Parks - Equipment and Capital Outlay $87,326.00 $44,896.98 $48,900.00 71104 - Parks - Contractual $74,056.78 $101,747.19 $126,935.66 71401 - Playground and Recreation Centers - Personal Services $75,883.06 $64,179.08 $46,303.60 71402 - Playground and Recreation Centers - Equipment and Capital Outlay $47,378.59 $28,393.45 $39,940.68 13 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 71404 - Playground and Recreation Centers - Contractual $15,253.52 $24,816.91 $19,022.61 71801 - Special Recreation Facilities - Personal Services $16,617.64 $17,892.00 $665.00 71804 - Special Recreation Facilities - Contractual $693.87 $567.60 - 73101 - Youth Programs - Personal Services $65,550.16 $40,906.28 $27,129.13 73104 - Youth Programs - Contractual $250,841.32 $191,983.88 $198,743.71 73201 - Joint Youth Programs - Personal Services $29,507.47 $25,276.66 $18,934.16 73204 - Joint Youth Programs - Contractual $50,737.84 $50,689.82 $50,399.61 Total for Recreation $802,965.47 $682,279.07 $669,484.36 Culture 74104 - Library - Contractual $5,000.00 $3,000.00 $3,000.00 75101 - Historian - Personal Services $6,265.00 $4,518.35 $5,849.00 75104 - Historian - Contractual $199.31 $1,760.99 - 75604 - Performing Arts, Other - Contractual $9,049.90 $9,826.22 $7,469.33 76201 - Adult Recreation - Personal Services $3,095.00 $3,055.00 $1,905.00 76204 - Adult Recreation - Contractual $5,554.09 $5,413.50 $22.39 Total for Culture $29,163.30 $27,574.06 $18,245.72 Total for Culture and Recreation $1,038,613.01 $911,372.10 $871,073.44 Home and Community Services Natural Resources 87451 - Flood and Erosion Control - Personal Services $1,490.27 $818.72 $2,009.51 87454 - Flood and Erosion Control - Contractual $22,972.79 $17,816.52 $20,000.00 87904 - General Natural Resources - Contractual $7,140.00 $7,000.00 $7,000.00 14 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for Natural Resources $31,603.06 $25,635.24 $29,009.51 Special Services 88101 - Cemetery - Personal Services $4,115.85 $1,265.06 $945.42 88104 - Cemetery - Contractual $500.00 $495.07 $310.98 Total for Special Services $4,615.85 $1,760.13 $1,256.40 Total for Home and Community Services $36,218.91 $27,395.37 $30,265.91 Employee Benefits Employee Benefits 90108 - State Retirement System - Employee Benefits $87,380.82 $82,483.47 $86,344.48 90308 - Social Security - Employee Benefits $69,033.43 $62,265.46 $53,850.83 90408 - Workers' Compensation - Employee Benefits $37,267.00 $33,421.95 $33,389.10 90508 - Unemployment Insurance - Employee Benefits $7,773.24 $7,191.20 $5,922.49 90608 - Hospital, Medical and Dental Insurance - Employee Benefits $247,986.88 $180,585.02 $156,135.50 90898 - Employee Benefits, Other (Specify) - Employee Benefits Medicare $16,144.92 $14,562.08 $12,594.16 Total for Employee Benefits $465,586.29 $380,509.18 $348,236.56 Total for Employee Benefits $465,586.29 $380,509.18 $348,236.56 Total for Expenditures $2,925,032.54 $2,662,444.16 $2,396,912.14 Other Uses 15 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Results of Operations 12/31/2023 12/31/2022 12/31/2021 Interfund Transfers Interfund Transfers 99509 - Transfers to Capital Projects Fund - Interfund Transfer -$262,342.22 - Total for Interfund Transfers $0.00 $262,342.22 $0.00 Total for Interfund Transfers $0.00 $262,342.22 $0.00 Total for Other Uses $0.00 $262,342.22 $0.00 Total for Expenditures and Other Uses $2,925,032.54 $2,924,786.38 $2,396,912.14 16 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $704,276.98 $1,091,493.00 $1,226,757.17 8015 - Prior Period Adjustment OR Change in Accounting Principle - Decrease in Fund Balance Incorrect reporting of A391 in 2022 $35,000.00 -- 8022 - Restated Fund Balance - Beginning of Year $669,276.98 $1,091,493.00 $1,226,757.17 Add Revenues and Other Sources $2,849,591.89 $2,537,570.36 $2,261,634.89 Deduct Expenditures and Other Uses $2,925,032.54 $2,924,786.38 $2,396,912.14 8029 - Fund Balance - End of Year $593,836.33 $704,276.98 $1,091,493.00 17 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Estimated Revenue 1049 - Est Rev - Property Taxes $1,875,201.72 $1,446,270.00 $1,190,633.00 1099 - Est Rev - Property Tax Items $36,740.87 $19,365.00 $24,150.00 1199 - Est Rev - Non-Property Tax Items $235,000.00 $35,000.00 $35,000.00 1299 - Est Rev - Departmental Income -$473,680.00 $454,670.00 2199 - Est Rev - Departmental Income $535,680.00 -- 2399 - Est Rev - Intergovernmental Charges $28,247.00 $28,247.00 $25,355.00 2499 - Est Rev - Use of Money and Property $34,530.00 $31,685.00 $33,265.00 2599 - Est Rev - Licenses and Permits $30,000.00 $18,000.00 $16,000.00 2649 - Est Rev - Fines and Forfeitures $41,000.00 $41,000.00 $36,000.00 2699 - Est Rev - Sales of Property and Compensation for Loss $26,025.00 $54,025.00 $34,025.00 2799 - Est Rev - Other Revenues $10,000.00 $37,085.00 $12,750.00 2899 - Est Rev - Interfund Revenues $6,300.00 -- 3099 - Est Rev - State Aid $302,085.00 $275,888.00 $275,888.00 Total for Estimated Revenue $3,160,809.59 $2,460,245.00 $2,137,736.00 Estimated Other Sources 511 - Appropriated Reserves and Restricted Fund Balance $15,000.00 $15,000.00 - 599 - Appropriated Fund Balance -$0.00 $200,000.00 Total for Estimated Other Sources $15,000.00 $15,000.00 $200,000.00 Total for Estimated Revenues and Other Sources $3,175,809.59 $2,475,245.00 $2,337,736.00 18 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 A - General Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Estimated Appropriations 1999 - App - General Government Support $1,140,661.76 $881,333.00 $822,723.00 3999 - App - Public Safety $138,396.00 $79,033.00 $75,315.00 4999 - App - Health $15,000.00 -- 5999 - App - Transportation $237,167.00 $215,288.00 $188,362.00 6999 - App - Economic Assistance and Opportunity $14,750.00 $9,750.00 $9,750.00 7999 - App - Culture and Recreation $1,013,498.04 $822,845.00 $829,834.00 8999 - App - Home and Community Services $111,841.00 $38,996.00 $33,752.00 9199 - App - Employee Benefits $454,500.00 $428,000.00 $378,000.00 Total for Estimated Appropriations $3,125,813.80 $2,475,245.00 $2,337,736.00 Estimated Other Uses 990 - App - Unappropriated Revenues $49,995.79 -- Total for Estimated Other Uses $49,995.79 $0.00 $0.00 Total for Estimated Appropriations and Other Uses $3,175,809.59 $2,475,245.00 $2,337,736.00 19 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village B - General Town-Outside Village Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $942,008.33 $724,276.16 $513,230.83 220 - Cash From Obligations -$0.00 $9,878.34 Total for Cash and Cash Equivalents $942,008.33 $724,276.16 $523,109.17 Net Other Receivables 380 - Accounts Receivable $51,318.34 $102,083.60 $68,463.01 Total for Net Other Receivables $51,318.34 $102,083.60 $68,463.01 Other Assets 480 - Prepaid Expenses $7,737.73 $6,649.36 $6,389.11 Total for Other Assets $7,737.73 $6,649.36 $6,389.11 Total for Assets $1,001,064.40 $833,009.12 $597,961.29 Total for Assets and Deferred Outflows $1,001,064.40 $833,009.12 $597,961.29 20 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable $6,026.77 $6,893.38 $8,410.53 601 - Accrued Liabilities $3,518.88 $2,735.40 $2,101.98 730 - Guaranty & Bid Deposits -($14,551.54)$7,648.36 Total for Payables $9,545.65 ($4,922.76)$18,160.87 Due to 630 - Due To Other Funds $1,500.00 $35,000.00 - 637 - Due to Employees Retirement System -$1,003.03 $1,241.04 Total for Due to $1,500.00 $36,003.03 $1,241.04 Other Liabilities 688 - Other Liabilities Park Foundation Grant $33.02 -- 720 - Group Insurance --$988.94 Total for Other Liabilities $33.02 $0.00 $988.94 Total for Liabilities $11,078.67 $31,080.27 $20,390.85 Fund Balance Nonspendable Fund Balance 806 - Not In Spendable Form $7,737.73 $6,649.36 $6,389.11 21 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Total for Nonspendable Fund Balance $7,737.73 $6,649.36 $6,389.11 Assigned Fund Balance 914 - Assigned Appropriated Fund Balance $317,739.84 -- 915 - Assigned Unappropriated Fund Balance $664,508.16 $795,189.49 $571,181.33 Total for Assigned Fund Balance $982,248.00 $795,189.49 $571,181.33 Total for Fund Balance $989,985.73 $801,838.85 $577,570.44 Total for Liabilities, Deferred Inflows and Fund Balances $1,001,064.40 $832,919.12 $597,961.29 22 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Non-Property Tax Items 1120 - Non Property Tax Distribution by County $581,627.26 $547,009.55 $368,952.11 Total for Non-Property Tax Items $581,627.26 $547,009.55 $368,952.11 Departmental Income 1560 - Safety Inspection Fees $3,650.00 $2,250.00 $1,725.00 2110 - Zoning Fees $6,564.00 $1,940.00 $2,720.00 2189 - Other Home and Community Services Income -$58,500.00 - Total for Departmental Income $10,214.00 $62,690.00 $4,445.00 Use of Money and Property 2401 - Interest and Earnings $2,563.24 $451.79 $489.22 Total for Use of Money and Property $2,563.24 $451.79 $489.22 Licenses and Permits 2555 - Building and Alteration Permits $118,670.33 $102,306.17 $94,559.79 2590 - Permits Other $7,750.00 $14,122.60 $14,638.00 Total for Licenses and Permits $126,420.33 $116,428.77 $109,197.79 Sales of Property and Compensation for Loss 2655 - Sales Other -$6.00 - Total for Sales of Property and Compensation for Loss $0.00 $6.00 $0.00 23 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Results of Operations 12/31/2023 12/31/2022 12/31/2021 Other Revenues 2701 - Refunds of Prior Year Expenditures -$3,482.50 $33,294.68 Total for Other Revenues $0.00 $3,482.50 $33,294.68 Total for Revenues $720,824.83 $730,068.61 $516,378.80 Total for Revenues and Other Sources $720,824.83 $730,068.61 $516,378.80 24 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures Public Safety Other Public Safety 36201 - Safety Inspection - Personal Services $169,967.98 $116,032.49 $116,778.28 36204 - Safety Inspection - Contractual $1,416.46 $423.36 - Total for Other Public Safety $171,384.44 $116,455.85 $116,778.28 Total for Public Safety $171,384.44 $116,455.85 $116,778.28 Home and Community Services General Environment 80104 - Zoning - Contractual $36,416.97 $24,623.43 $22,549.90 80201 - Planning and Surveys - Personal Services $105,170.18 $166,209.16 $125,117.98 80204 - Planning and Surveys - Contractual $110,093.61 $69,884.08 $70,648.53 Total for General Environment $251,680.76 $260,716.67 $218,316.41 Total for Home and Community Services $251,680.76 $260,716.67 $218,316.41 Employee Benefits Employee Benefits 90108 - State Retirement System - Employee Benefits $28,617.57 $26,337.21 $25,312.24 90308 - Social Security - Employee Benefits $16,627.47 $16,816.11 $14,325.73 25 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Results of Operations 12/31/2023 12/31/2022 12/31/2021 90408 - Workers' Compensation - Employee Benefits $6,625.24 $6,684.39 $6,677.82 90508 - Unemployment Insurance - Employee Benefits $1,645.98 $1,520.37 $1,476.30 90608 - Hospital, Medical and Dental Insurance - Employee Benefits $52,207.77 $73,336.81 $65,798.72 90898 - Employee Benefits, Other (Specify) - Employee Benefits Medicare $3,888.72 $3,932.79 $3,350.40 Total for Employee Benefits $109,612.75 $128,627.68 $116,941.21 Total for Employee Benefits $109,612.75 $128,627.68 $116,941.21 Total for Expenditures $532,677.95 $505,800.20 $452,035.90 Other Uses Interfund Transfers Interfund Transfers 99019 - Transfers to Other Funds - Interfund Transfer --$17,740.00 Total for Interfund Transfers $0.00 $0.00 $17,740.00 Total for Interfund Transfers $0.00 $0.00 $17,740.00 Total for Other Uses $0.00 $0.00 $17,740.00 Total for Expenditures and Other Uses $532,677.95 $505,800.20 $469,775.90 26 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $801,844.41 $577,576.00 $530,969.13 8022 - Restated Fund Balance - Beginning of Year $801,844.41 $577,576.00 $530,969.13 Add Revenues and Other Sources $720,824.83 $730,068.61 $516,378.80 Deduct Expenditures and Other Uses $532,677.95 $505,800.20 $469,775.90 8029 - Fund Balance - End of Year $989,991.29 $801,844.41 $577,576.00 27 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Estimated Revenue 1199 - Est Rev - Non-Property Tax Items $305,000.00 $495,297.00 $453,743.00 1299 - Est Rev - Departmental Income -$2,745.00 $2,500.00 2199 - Est Rev - Departmental Income $3,800.00 -- 2499 - Est Rev - Use of Money and Property $550.00 $350.00 $500.00 2599 - Est Rev - Licenses and Permits $105,000.00 $86,306.00 $83,800.00 2699 - Est Rev - Sales of Property and Compensation for Loss -$52.00 $50.00 Total for Estimated Revenue $414,350.00 $584,750.00 $540,593.00 Estimated Other Sources 599 - Appropriated Fund Balance $317,739.84 -- Total for Estimated Other Sources $317,739.84 $0.00 $0.00 Total for Estimated Revenues and Other Sources $732,089.84 $584,750.00 $540,593.00 28 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 B - General Town-Outside Village Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Estimated Appropriations 1999 - App - General Government Support $50,000.00 -- 3999 - App - Public Safety $207,575.04 $154,743.00 $111,734.00 8999 - App - Home and Community Services $331,314.80 $291,907.00 $295,759.00 9199 - App - Employee Benefits $143,200.00 $138,100.00 $133,100.00 Total for Estimated Appropriations $732,089.84 $584,750.00 $540,593.00 Total for Estimated Appropriations and Other Uses $732,089.84 $584,750.00 $540,593.00 29 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide DA - Highway Town-wide Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $180,480.22 $51,308.15 $178,177.59 220 - Cash From Obligations -$0.00 $1,475.66 Total for Cash and Cash Equivalents $180,480.22 $51,308.15 $179,653.25 Restricted Cash and Cash Equivalents 230 - Cash Special Reserves $150,735.18 $150,319.04 $150,273.93 Total for Restricted Cash and Cash Equivalents $150,735.18 $150,319.04 $150,273.93 Net Other Receivables 380 - Accounts Receivable $4,282.38 $12,355.54 $3,310.48 Total for Net Other Receivables $4,282.38 $12,355.54 $3,310.48 Due From 391 - Due From Other Funds $43,874.48 -- Total for Due From $43,874.48 $0.00 $0.00 Other Assets 480 - Prepaid Expenses $16,566.48 $17,253.86 $25,156.15 Total for Other Assets $16,566.48 $17,253.86 $25,156.15 Total for Assets $395,938.74 $231,236.59 $358,393.81 30 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Total for Assets and Deferred Outflows $395,938.74 $231,236.59 $358,393.81 31 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable $19,194.72 $21,927.68 $46,231.17 601 - Accrued Liabilities $30,352.64 $21,650.98 $14,224.33 Total for Payables $49,547.36 $43,578.66 $60,455.50 Due to 637 - Due to Employees Retirement System -$948.72 $829.05 Total for Due to $0.00 $948.72 $829.05 Other Liabilities 720 - Group Insurance --$646.61 Total for Other Liabilities $0.00 $0.00 $646.61 Total for Liabilities $49,547.36 $44,527.38 $61,931.16 Fund Balance Nonspendable Fund Balance 806 - Not In Spendable Form $16,566.48 $17,253.86 $25,156.15 Total for Nonspendable Fund Balance $16,566.48 $17,253.86 $25,156.15 Restricted Fund Balance 878 - Capital Reserve $150,735.18 $150,319.04 $150,273.93 32 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Total for Restricted Fund Balance $150,735.18 $150,319.04 $150,273.93 Assigned Fund Balance 914 - Assigned Appropriated Fund Balance --$110,000.00 915 - Assigned Unappropriated Fund Balance $179,089.72 $19,136.31 $11,032.57 Total for Assigned Fund Balance $179,089.72 $19,136.31 $121,032.57 Total for Fund Balance $346,391.38 $186,709.21 $296,462.65 Total for Liabilities, Deferred Inflows and Fund Balances $395,938.74 $231,236.59 $358,393.81 33 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Property Taxes 1001 - Real Property Taxes $1,493,992.04 $1,224,232.01 $1,113,486.51 Total for Property Taxes $1,493,992.04 $1,224,232.01 $1,113,486.51 Property Tax Items 1081 - Other Payments In Lieu of Taxes $7,492.13 $13,175.74 $13,709.08 Total for Property Tax Items $7,492.13 $13,175.74 $13,709.08 Intergovernmental Charges 2300 - Transportation Services Other Governments Snow & Ice agreement with Tompkins County $105,321.62 $101,539.29 $84,055.70 Total for Intergovernmental Charges $105,321.62 $101,539.29 $84,055.70 Use of Money and Property 2401 - Interest and Earnings $1,594.28 $384.08 $628.88 2414 - Rental of Equipment $63,192.98 $101,539.28 $84,055.70 Total for Use of Money and Property $64,787.26 $101,923.36 $84,684.58 Sales of Property and Compensation for Loss 2650 - Sales of Scrap and Excess Materials $711.82 $5,367.92 $14,134.14 2680 - Insurance Recoveries -$5,786.02 - Total for Sales of Property and Compensation for Loss $711.82 $11,153.94 $14,134.14 34 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Results of Operations 12/31/2023 12/31/2022 12/31/2021 Other Revenues 2770 - Unclassified Fuel Reimbursements $18,609.42 $24,505.92 $13,553.76 Total for Other Revenues $18,609.42 $24,505.92 $13,553.76 Federal Aid 4989 - Federal Aid Other Home and Community Services $649.77 -- Total for Federal Aid $649.77 $0.00 $0.00 Total for Revenues $1,691,564.06 $1,476,530.26 $1,323,623.77 Total for Revenues and Other Sources $1,691,564.06 $1,476,530.26 $1,323,623.77 35 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures Transportation Highway 51301 - Machinery - Personal Services $91,237.54 $75,089.31 $103,374.10 51302 - Machinery - Equipment and Capital Outlay -$121,893.05 - 51304 - Machinery - Contractual $208,301.29 $204,514.03 $290,178.74 51401 - Brush And Weeds - Personal Services $71,025.37 $58,698.41 $71,699.22 51404 - Brush And Weeds - Contractual $46,251.60 $35,131.93 $53,521.12 51421 - Snow Removal - Personal Services $147,588.52 $256,419.70 $251,873.16 51422 - Snow Removal - Equipment and Capital Outlay $90,331.00 $19,245.54 $19,245.54 51424 - Snow Removal - Contractual $279,372.39 $147,811.46 $193,403.71 51481 - Highway Services for Other Governments - Personal Services Snow & Ice contract with Tompkins County $140,178.08 $118,637.64 $85,199.97 51482 - Highway Services for Other Governments - Equipment and Capital Outlay Snow & Ice contract with Tompkins County $12,830.00 -- 51484 - Highway Services for Other Governments - Contractual Snow & Ice contract with Tompkins County $126,296.44 $235,315.39 $108,055.00 Total for Highway $1,213,412.23 $1,272,756.46 $1,176,550.56 Total for Transportation $1,213,412.23 $1,272,756.46 $1,176,550.56 Employee Benefits 36 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Results of Operations 12/31/2023 12/31/2022 12/31/2021 Employee Benefits 90108 - State Retirement System - Employee Benefits $66,953.31 $76,917.72 $99,058.46 90308 - Social Security - Employee Benefits $26,739.82 $30,672.63 $30,686.44 90408 - Workers' Compensation - Employee Benefits $14,078.64 $16,339.62 $16,323.56 90508 - Unemployment Insurance - Employee Benefits $4,233.10 $6,104.05 $4,946.48 90608 - Hospital, Medical and Dental Insurance - Employee Benefits $200,211.12 $176,319.80 $155,012.36 90898 - Employee Benefits, Other (Specify) - Employee Benefits Medicare $6,253.67 $7,173.42 $7,176.67 Total for Employee Benefits $318,469.66 $313,527.24 $313,203.97 Total for Employee Benefits $318,469.66 $313,527.24 $313,203.97 Total for Expenditures $1,531,881.89 $1,586,283.70 $1,489,754.53 Total for Expenditures and Other Uses $1,531,881.89 $1,586,283.70 $1,489,754.53 37 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $186,714.56 $296,468.00 $462,596.65 8022 - Restated Fund Balance - Beginning of Year $186,714.56 $296,468.00 $462,596.65 Add Revenues and Other Sources $1,691,564.06 $1,476,530.26 $1,323,623.77 Deduct Expenditures and Other Uses $1,531,881.89 $1,586,283.70 $1,489,754.53 8029 - Fund Balance - End of Year $346,396.73 $186,714.56 $296,468.00 38 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Estimated Revenue 1049 - Est Rev - Property Taxes $1,523,871.84 $1,493,992.00 $1,223,945.00 1099 - Est Rev - Property Tax Items $7,102.96 $10,706.00 $16,162.00 1199 - Est Rev - Non-Property Tax Items $75,000.00 -- 2399 - Est Rev - Intergovernmental Charges $78,864.83 $84,257.00 $101,539.00 2499 - Est Rev - Use of Money and Property $80,614.84 $84,802.00 $102,614.00 2699 - Est Rev - Sales of Property and Compensation for Loss $10,000.00 $10,000.00 $10,000.00 2799 - Est Rev - Other Revenues $10,000.00 $8,000.00 $8,000.00 2899 - Est Rev - Interfund Revenues $150,000.00 -- Total for Estimated Revenue $1,935,454.47 $1,691,757.00 $1,462,260.00 Estimated Other Sources 511 - Appropriated Reserves and Restricted Fund Balance $63,160.00 -- 599 - Appropriated Fund Balance --$110,000.00 Total for Estimated Other Sources $63,160.00 $0.00 $110,000.00 Total for Estimated Revenues and Other Sources $1,998,614.47 $1,691,757.00 $1,572,260.00 39 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DA - Highway Town-wide Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Estimated Appropriations 5999 - App - Transportation $1,595,006.57 $1,359,757.00 $1,240,260.00 9199 - App - Employee Benefits $302,000.00 $332,000.00 $332,000.00 Total for Estimated Appropriations $1,897,006.57 $1,691,757.00 $1,572,260.00 Estimated Other Uses 990 - App - Unappropriated Revenues $101,607.90 -- Total for Estimated Other Uses $101,607.90 $0.00 $0.00 Total for Estimated Appropriations and Other Uses $1,998,614.47 $1,691,757.00 $1,572,260.00 40 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town DB - Highway Part-town Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $1,229,020.82 $1,191,595.18 $678,976.48 220 - Cash From Obligations -$0.00 $1,470.13 Total for Cash and Cash Equivalents $1,229,020.82 $1,191,595.18 $680,446.61 Restricted Cash and Cash Equivalents 230 - Cash Special Reserves $150,728.94 $150,312.81 $150,267.75 Total for Restricted Cash and Cash Equivalents $150,728.94 $150,312.81 $150,267.75 Net Other Receivables 380 - Accounts Receivable $243,300.91 $262,500.69 $533,385.46 Total for Net Other Receivables $243,300.91 $262,500.69 $533,385.46 Other Assets 480 - Prepaid Expenses $18,368.86 $14,116.79 $20,582.31 Total for Other Assets $18,368.86 $14,116.79 $20,582.31 Total for Assets $1,641,419.53 $1,618,525.47 $1,384,682.13 Total for Assets and Deferred Outflows $1,641,419.53 $1,618,525.47 $1,384,682.13 41 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable $279.30 $40,088.46 $10,568.67 601 - Accrued Liabilities --$12,836.47 Total for Payables $279.30 $40,088.46 $23,405.14 Due to 637 - Due to Employees Retirement System -$948.72 $823.52 Total for Due to $0.00 $948.72 $823.52 Other Liabilities 720 - Group Insurance --$646.61 Total for Other Liabilities $0.00 $0.00 $646.61 Total for Liabilities $279.30 $41,037.18 $24,875.27 Fund Balance Nonspendable Fund Balance 806 - Not In Spendable Form $18,368.86 $14,116.79 $20,582.31 Total for Nonspendable Fund Balance $18,368.86 $14,116.79 $20,582.31 Restricted Fund Balance 878 - Capital Reserve $150,728.94 $150,312.81 $150,267.75 42 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Total for Restricted Fund Balance $150,728.94 $150,312.81 $150,267.75 Assigned Fund Balance 914 - Assigned Appropriated Fund Balance $250,124.78 $369,351.00 $333,829.00 915 - Assigned Unappropriated Fund Balance $1,221,917.65 $1,043,707.69 $855,127.80 Total for Assigned Fund Balance $1,472,042.43 $1,413,058.69 $1,188,956.80 Total for Fund Balance $1,641,140.23 $1,577,488.29 $1,359,806.86 Total for Liabilities, Deferred Inflows and Fund Balances $1,641,419.53 $1,618,525.47 $1,384,682.13 43 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Non-Property Tax Items 1120 - Non Property Tax Distribution by County $1,423,984.00 $1,406,595.93 $1,475,808.45 Total for Non-Property Tax Items $1,423,984.00 $1,406,595.93 $1,475,808.45 Use of Money and Property 2401 - Interest and Earnings $3,026.23 $704.27 $784.51 Total for Use of Money and Property $3,026.23 $704.27 $784.51 Other Revenues 2770 - Unclassified Culvert & Road Work Permits $15,603.08 $543.00 $100.00 Total for Other Revenues $15,603.08 $543.00 $100.00 State Aid 3501 - State Aid Consolidated Highway Aid $521,019.76 $561,858.85 $304,125.99 Total for State Aid $521,019.76 $561,858.85 $304,125.99 Federal Aid 4089 - Federal Aid Other $299.00 -- Total for Federal Aid $299.00 $0.00 $0.00 Total for Revenues $1,963,932.07 $1,969,702.05 $1,780,818.95 44 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for Revenues and Other Sources $1,963,932.07 $1,969,702.05 $1,780,818.95 45 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures Transportation Highway 51101 - Maintenance of Roads - Personal Services $392,607.22 $419,740.35 $465,618.56 51102 - Maintenance of Roads - Equipment and Capital Outlay $142,826.29 $50,202.68 $45,741.75 51104 - Maintenance of Roads - Contractual $464,745.43 $388,263.20 $309,887.11 51121 - Permanent Improvements Highway - Personal Services $114,855.78 $142,190.53 $23,688.16 51124 - Permanent Improvements Highway - Contractual $505,876.90 $503,210.50 $321,114.33 Total for Highway $1,620,911.62 $1,503,607.26 $1,166,049.91 Total for Transportation $1,620,911.62 $1,503,607.26 $1,166,049.91 Employee Benefits Employee Benefits 90108 - State Retirement System - Employee Benefits $69,223.37 $62,932.69 $81,047.83 90308 - Social Security - Employee Benefits $30,140.93 $33,239.58 $29,202.51 90408 - Workers' Compensation - Employee Benefits $9,937.87 $11,140.65 $11,129.70 90508 - Unemployment Insurance - Employee Benefits $641.57 $313.46 $285.04 90608 - Hospital, Medical and Dental Insurance - Employee Benefits $162,375.68 $133,013.21 $103,341.54 90898 - Employee Benefits, Other (Specify) - Employee Benefits Medicare $7,049.09 $7,773.77 $6,829.62 Total for Employee Benefits $279,368.51 $248,413.36 $231,836.24 46 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for Employee Benefits $279,368.51 $248,413.36 $231,836.24 Total for Expenditures $1,900,280.13 $1,752,020.62 $1,397,886.15 Total for Expenditures and Other Uses $1,900,280.13 $1,752,020.62 $1,397,886.15 47 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $1,577,491.43 $1,359,810.00 $976,874.06 8022 - Restated Fund Balance - Beginning of Year $1,577,491.43 $1,359,810.00 $976,874.06 Add Revenues and Other Sources $1,963,932.07 $1,969,702.05 $1,780,818.95 Deduct Expenditures and Other Uses $1,900,280.13 $1,752,020.62 $1,397,886.15 8029 - Fund Balance - End of Year $1,641,143.37 $1,577,491.43 $1,359,810.00 48 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Estimated Revenue 1199 - Est Rev - Non-Property Tax Items $1,200,000.00 $1,226,703.00 $1,186,257.00 2199 - Est Rev - Departmental Income $162,500.00 -- 2499 - Est Rev - Use of Money and Property $1,650.00 $800.00 $550.00 2799 - Est Rev - Other Revenues $200.00 -- 3099 - Est Rev - State Aid $440,000.00 $200,000.00 $200,000.00 Total for Estimated Revenue $1,804,350.00 $1,427,503.00 $1,386,807.00 Estimated Other Sources 511 - Appropriated Reserves and Restricted Fund Balance $97,500.00 $0.00 $0.00 599 - Appropriated Fund Balance $250,124.78 $369,351.00 $333,829.00 Total for Estimated Other Sources $347,624.78 $369,351.00 $333,829.00 Total for Estimated Revenues and Other Sources $2,151,974.78 $1,796,854.00 $1,720,636.00 49 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 DB - Highway Part-town Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Estimated Appropriations 5999 - App - Transportation $1,875,474.78 $1,537,454.00 $1,455,936.00 9199 - App - Employee Benefits $276,500.00 $259,400.00 $264,700.00 Total for Estimated Appropriations $2,151,974.78 $1,796,854.00 $1,720,636.00 Total for Estimated Appropriations and Other Uses $2,151,974.78 $1,796,854.00 $1,720,636.00 50 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects H - Capital Projects Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash -$67,189.49 $429,372.47 Total for Cash and Cash Equivalents $0.00 $67,189.49 $429,372.47 Total for Assets $0.00 $67,189.49 $429,372.47 Total for Assets and Deferred Outflows $0.00 $67,189.49 $429,372.47 51 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable --$2,207.50 Total for Payables $0.00 $0.00 $2,207.50 Total for Liabilities $0.00 $0.00 $2,207.50 Fund Balance Assigned Fund Balance 915 - Assigned Unappropriated Fund Balance -$67,189.49 $427,164.97 Total for Assigned Fund Balance $0.00 $67,189.49 $427,164.97 Total for Fund Balance $0.00 $67,189.49 $427,164.97 Total for Liabilities, Deferred Inflows and Fund Balances $0.00 $67,189.49 $429,372.47 52 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Federal Aid 4097 - Federal Aid Capital Projects -$0.00 $409,639.80 Total for Federal Aid $0.00 $0.00 $409,639.80 Total for Revenues $0.00 $0.00 $409,639.80 Other Sources Operating Transfers 5031 - Interfund Transfers -$262,342.22 - Total for Operating Transfers $0.00 $262,342.22 $0.00 Total for Other Sources $0.00 $262,342.22 $0.00 Total for Revenues and Other Sources $0.00 $262,342.22 $409,639.80 53 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures General Government Support Judicial 11302 - Traffic Violations Bureau - Equipment and Capital Outlay --$0.00 Total for Judicial $0.00 $0.00 $0.00 Special Items 19892 - General Government Support, Other - Equipment and Capital Outlay -$59,030.00 - Total for Special Items $0.00 $59,030.00 $0.00 Total for General Government Support $0.00 $59,030.00 $0.00 Transportation Highway 51102 - Maintenance of Roads - Equipment and Capital Outlay -$175,200.67 - Total for Highway $0.00 $175,200.67 $0.00 Total for Transportation $0.00 $175,200.67 $0.00 Culture and Recreation Recreation 54 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects Results of Operations 12/31/2023 12/31/2022 12/31/2021 71102 - Parks - Equipment and Capital Outlay -$27,976.55 - Total for Recreation $0.00 $27,976.55 $0.00 Total for Culture and Recreation $0.00 $27,976.55 $0.00 Home and Community Services Water 83402 - Water Transportation and Distribution - Equipment and Capital Outlay -$135.00 $106,354.74 Total for Water $0.00 $135.00 $106,354.74 Total for Home and Community Services $0.00 $135.00 $106,354.74 Debt Service Debt Service 97107 - Serial Bonds - Debt Interest --$2,397.70 Total for Debt Service $0.00 $0.00 $2,397.70 Total for Debt Service $0.00 $0.00 $2,397.70 Total for Expenditures $0.00 $262,342.22 $108,752.44 Other Uses Interfund Transfers Interfund Transfers 55 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects Results of Operations 12/31/2023 12/31/2022 12/31/2021 99019 - Transfers to Other Funds - Interfund Transfer TRANSFERRED TO SW FUND TO PAY DEBT, A FUND FOR CORRECT REPORTING $67,201.37 -- Total for Interfund Transfers $67,201.37 $0.00 $0.00 Total for Interfund Transfers $67,201.37 $0.00 $0.00 Total for Other Uses $67,201.37 $0.00 $0.00 Total for Expenditures and Other Uses $67,201.37 $262,342.22 $108,752.44 56 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 H - Capital Projects Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $67,201.37 $427,176.37 $126,289.01 8015 - Prior Period Adjustment OR Change in Accounting Principle - Decrease in Fund Balance -$359,975.00 - 8022 - Restated Fund Balance - Beginning of Year $67,201.37 $67,201.37 $126,289.01 Add Revenues and Other Sources $0.00 $262,342.22 $409,639.80 Deduct Expenditures and Other Uses $67,201.37 $262,342.22 $108,752.44 8029 - Fund Balance - End of Year $0.00 $67,201.37 $427,176.37 57 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SD - Special District(s) Drainage SD - Special District(s) Drainage Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $120,332.15 $99,621.41 $72,763.21 Total for Cash and Cash Equivalents $120,332.15 $99,621.41 $72,763.21 Total for Assets $120,332.15 $99,621.41 $72,763.21 Total for Assets and Deferred Outflows $120,332.15 $99,621.41 $72,763.21 58 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SD - Special District(s) Drainage Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable --$75.99 Total for Payables $0.00 $0.00 $75.99 Total for Liabilities $0.00 $0.00 $75.99 Fund Balance Assigned Fund Balance 915 - Assigned Unappropriated Fund Balance $120,332.15 $99,621.41 $72,687.22 Total for Assigned Fund Balance $120,332.15 $99,621.41 $72,687.22 Total for Fund Balance $120,332.15 $99,621.41 $72,687.22 Total for Liabilities, Deferred Inflows and Fund Balances $120,332.15 $99,621.41 $72,763.21 59 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SD - Special District(s) Drainage Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Property Taxes 1030 - Special Assessments $26,905.00 $26,905.00 $26,905.00 Total for Property Taxes $26,905.00 $26,905.00 $26,905.00 Use of Money and Property 2401 - Interest and Earnings $310.26 $29.19 $31.71 Total for Use of Money and Property $310.26 $29.19 $31.71 Total for Revenues $27,215.26 $26,934.19 $26,936.71 Total for Revenues and Other Sources $27,215.26 $26,934.19 $26,936.71 60 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SD - Special District(s) Drainage Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures Home and Community Services Community Environment 85401 - Drainage - Personal Services --$943.57 85404 - Drainage - Contractual $6,504.52 -$4,062.74 Total for Community Environment $6,504.52 $0.00 $5,006.31 Total for Home and Community Services $6,504.52 $0.00 $5,006.31 Employee Benefits Employee Benefits 90308 - Social Security - Employee Benefits --$54.82 90898 - Employee Benefits, Other (Specify) - Employee Benefits --$12.84 Total for Employee Benefits $0.00 $0.00 $67.66 Total for Employee Benefits $0.00 $0.00 $67.66 Total for Expenditures $6,504.52 $0.00 $5,073.97 Total for Expenditures and Other Uses $6,504.52 $0.00 $5,073.97 61 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SD - Special District(s) Drainage Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $99,623.19 $72,689.00 $50,824.48 8022 - Restated Fund Balance - Beginning of Year $99,623.19 $72,689.00 $50,824.48 Add Revenues and Other Sources $27,215.26 $26,934.19 $26,936.71 Deduct Expenditures and Other Uses $6,504.52 $0.00 $5,073.97 8029 - Fund Balance - End of Year $120,333.93 $99,623.19 $72,689.00 62 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SL - Special District(s) Lighting SL - Special District(s) Lighting Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $15,147.86 $10,516.72 $7,342.04 Total for Cash and Cash Equivalents $15,147.86 $10,516.72 $7,342.04 Total for Assets $15,147.86 $10,516.72 $7,342.04 Total for Assets and Deferred Outflows $15,147.86 $10,516.72 $7,342.04 63 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SL - Special District(s) Lighting Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Due to 630 - Due To Other Funds $9,000.00 $4,500.00 - Total for Due to $9,000.00 $4,500.00 $0.00 Total for Liabilities $9,000.00 $4,500.00 $0.00 Fund Balance Assigned Fund Balance 915 - Assigned Unappropriated Fund Balance $6,147.86 $6,016.72 $7,342.04 Total for Assigned Fund Balance $6,147.86 $6,016.72 $7,342.04 Total for Fund Balance $6,147.86 $6,016.72 $7,342.04 Total for Liabilities, Deferred Inflows and Fund Balances $15,147.86 $10,516.72 $7,342.04 64 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SL - Special District(s) Lighting Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Property Taxes 1030 - Special Assessments $16,000.00 $16,500.00 $16,500.00 Total for Property Taxes $16,000.00 $16,500.00 $16,500.00 Use of Money and Property 2401 - Interest and Earnings $1.81 -- Total for Use of Money and Property $1.81 $0.00 $0.00 Total for Revenues $16,001.81 $16,500.00 $16,500.00 Total for Revenues and Other Sources $16,001.81 $16,500.00 $16,500.00 65 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SL - Special District(s) Lighting Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures Transportation Highway 51824 - Street Lighting - Contractual $15,870.67 $17,825.32 $18,302.02 Total for Highway $15,870.67 $17,825.32 $18,302.02 Total for Transportation $15,870.67 $17,825.32 $18,302.02 Total for Expenditures $15,870.67 $17,825.32 $18,302.02 Total for Expenditures and Other Uses $15,870.67 $17,825.32 $18,302.02 66 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SL - Special District(s) Lighting Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $6,017.00 $7,342.04 $9,144.06 8022 - Restated Fund Balance - Beginning of Year $6,017.00 $7,342.04 $9,144.06 Add Revenues and Other Sources $16,001.81 $16,500.00 $16,500.00 Deduct Expenditures and Other Uses $15,870.67 $17,825.32 $18,302.02 8029 - Fund Balance - End of Year $6,148.14 $6,017.00 $7,342.04 67 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer SS - Special District(s) Sewer Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $441,050.48 $414,803.29 $402,808.21 Total for Cash and Cash Equivalents $441,050.48 $414,803.29 $402,808.21 Net Other Receivables 360 - Sewer Rents Receivable $712.88 $1,198.31 $262.28 Total for Net Other Receivables $712.88 $1,198.31 $262.28 Due From 391 - Due From Other Funds $2,270.10 -$2,915.02 Total for Due From $2,270.10 $0.00 $2,915.02 Total for Assets $444,033.46 $416,001.60 $405,985.51 Total for Assets and Deferred Outflows $444,033.46 $416,001.60 $405,985.51 68 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable $10,150.00 $634.00 $5,038.00 Total for Payables $10,150.00 $634.00 $5,038.00 Total for Liabilities $10,150.00 $634.00 $5,038.00 Fund Balance Assigned Fund Balance 914 - Assigned Appropriated Fund Balance $5,999.67 $97,804.25 $6,121.00 915 - Assigned Unappropriated Fund Balance $427,883.79 $317,563.35 $394,826.51 Total for Assigned Fund Balance $433,883.46 $415,367.60 $400,947.51 Total for Fund Balance $433,883.46 $415,367.60 $400,947.51 Total for Liabilities, Deferred Inflows and Fund Balances $444,033.46 $416,001.60 $405,985.51 69 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Property Taxes 1030 - Special Assessments $28,762.51 $28,331.25 $27,381.63 Total for Property Taxes $28,762.51 $28,331.25 $27,381.63 Departmental Income 2120 - Sewer Rents $183,361.10 $176,253.41 $154,023.07 2128 - Interest and Penalties on Sewer Accounts $430.85 $485.03 $493.74 Total for Departmental Income $183,791.95 $176,738.44 $154,516.81 Use of Money and Property 2401 - Interest and Earnings $1,148.35 $127.25 $172.17 Total for Use of Money and Property $1,148.35 $127.25 $172.17 Licenses and Permits 2590 - Permits Other $13,500.00 $10,500.00 $12,000.00 Total for Licenses and Permits $13,500.00 $10,500.00 $12,000.00 Total for Revenues $227,202.81 $215,696.94 $194,070.61 Other Sources Operating Transfers 5031 - Interfund Transfers $1,399.86 -- 70 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Results of Operations 12/31/2023 12/31/2022 12/31/2021 Total for Operating Transfers $1,399.86 $0.00 $0.00 Total for Other Sources $1,399.86 $0.00 $0.00 Total for Revenues and Other Sources $228,602.67 $215,696.94 $194,070.61 71 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures General Government Support Special Items 19104 - Unallocated Insurance - Contractual $2,700.00 $2,700.00 $2,700.00 Total for Special Items $2,700.00 $2,700.00 $2,700.00 Total for General Government Support $2,700.00 $2,700.00 $2,700.00 Home and Community Services Sewage 81201 - Sanitary Sewers - Personal Services $9,687.45 $11,676.80 $10,084.67 81202 - Sanitary Sewers - Equipment and Capital Outlay $27,814.82 -- 81204 - Sanitary Sewers - Contractual $19,784.58 $51,495.49 $22,664.00 81304 - Sewage Treatment and Disposal - Contractual $125,266.15 $111,230.95 $99,736.89 Total for Sewage $182,553.00 $174,403.24 $132,485.56 Total for Home and Community Services $182,553.00 $174,403.24 $132,485.56 Employee Benefits Employee Benefits 90308 - Social Security - Employee Benefits $578.40 $694.89 $603.74 90508 - Unemployment Insurance - Employee Benefits $3.97 -- 72 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Results of Operations 12/31/2023 12/31/2022 12/31/2021 90898 - Employee Benefits, Other (Specify) - Employee Benefits Medicare $135.18 $162.46 $141.24 Total for Employee Benefits $717.55 $857.35 $744.98 Total for Employee Benefits $717.55 $857.35 $744.98 Debt Service Debt Service 97106 - Serial Bonds - Debt Principal $21,000.00 $20,000.00 $19,081.00 97107 - Serial Bonds - Debt Interest $3,116.26 $3,316.26 $3,419.38 Total for Debt Service $24,116.26 $23,316.26 $22,500.38 Total for Debt Service $24,116.26 $23,316.26 $22,500.38 Total for Expenditures $210,086.81 $201,276.85 $158,430.92 Total for Expenditures and Other Uses $210,086.81 $201,276.85 $158,430.92 73 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $415,373.09 $400,953.00 $365,312.53 8022 - Restated Fund Balance - Beginning of Year $415,373.09 $400,953.00 $365,312.53 Add Revenues and Other Sources $228,602.67 $215,696.94 $194,070.61 Deduct Expenditures and Other Uses $210,086.81 $201,276.85 $158,430.92 8029 - Fund Balance - End of Year $433,888.95 $415,373.09 $400,953.00 74 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Estimated Revenue 1049 - Est Rev - Property Taxes $29,162.25 $28,763.00 $28,060.00 1299 - Est Rev - Departmental Income -$169,200.00 $140,150.00 2199 - Est Rev - Departmental Income $233,250.00 -- 2499 - Est Rev - Use of Money and Property $450.00 $120.00 $150.00 2599 - Est Rev - Licenses and Permits $7,500.00 -- 2799 - Est Rev - Other Revenues -$6,500.00 $5,000.00 Total for Estimated Revenue $270,362.25 $204,583.00 $173,360.00 Estimated Other Sources 599 - Appropriated Fund Balance $5,999.67 $97,804.00 $6,121.00 Total for Estimated Other Sources $5,999.67 $97,804.00 $6,121.00 Total for Estimated Revenues and Other Sources $276,361.92 $302,387.00 $179,481.00 75 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SS - Special District(s) Sewer Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Estimated Appropriations 1999 - App - General Government Support $15,050.00 $15,094.00 $16,076.00 8999 - App - Home and Community Services $229,600.66 $261,372.00 $138,389.00 9199 - App - Employee Benefits $7,805.00 $1,805.00 $1,700.00 9899 - App - Debt Service $23,906.26 $24,116.00 $23,316.00 Total for Estimated Appropriations $276,361.92 $302,387.00 $179,481.00 Total for Estimated Appropriations and Other Uses $276,361.92 $302,387.00 $179,481.00 76 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water SW - Special District(s) Water Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Assets Cash and Cash Equivalents 200 - Cash $1,486,221.04 $1,474,963.27 $1,165,334.72 210 - Petty Cash $75.00 $75.00 $75.00 Total for Cash and Cash Equivalents $1,486,296.04 $1,475,038.27 $1,165,409.72 Net Other Receivables 350 - Water Rents Receivable $39,845.25 $41,881.25 $44,369.72 Total for Net Other Receivables $39,845.25 $41,881.25 $44,369.72 Other Assets 480 - Prepaid Expenses $940.11 $599.62 $682.56 Total for Other Assets $940.11 $599.62 $682.56 Total for Assets $1,527,081.40 $1,517,519.14 $1,210,462.00 Total for Assets and Deferred Outflows $1,527,081.40 $1,517,519.14 $1,210,462.00 77 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Liabilities Payables 600 - Accounts Payable $8,163.36 $1,691.20 $7,089.49 601 - Accrued Liabilities $986.85 $2,725.97 $577.17 Total for Payables $9,150.21 $4,417.17 $7,666.66 Due to 630 - Due To Other Funds $770.10 -$2,915.02 Total for Due to $770.10 $0.00 $2,915.02 Total for Liabilities $9,920.31 $4,417.17 $10,581.68 Fund Balance Nonspendable Fund Balance 806 - Not In Spendable Form $940.11 $599.62 $682.56 Total for Nonspendable Fund Balance $940.11 $599.62 $682.56 Assigned Fund Balance 914 - Assigned Appropriated Fund Balance $98,978.57 $77,148.57 $121,187.52 915 - Assigned Unappropriated Fund Balance $1,417,242.41 $1,435,353.78 $1,078,010.24 Total for Assigned Fund Balance $1,516,220.98 $1,512,502.35 $1,199,197.76 Total for Fund Balance $1,517,161.09 $1,513,101.97 $1,199,880.32 78 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Total for Liabilities, Deferred Inflows and Fund Balances $1,527,081.40 $1,517,519.14 $1,210,462.00 79 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Revenues Property Taxes 1030 - Special Assessments $584,996.70 $572,439.60 $556,680.97 Total for Property Taxes $584,996.70 $572,439.60 $556,680.97 Departmental Income 2140 - Metered Water Sales $969,362.33 $958,809.83 $870,599.08 2144 - Water Service Charges $6,665.67 $7,446.00 $5,734.00 2148 - Interest and Penalties on Water Rents $11,025.97 $13,881.27 $8,971.40 Total for Departmental Income $987,053.97 $980,137.10 $885,304.48 Use of Money and Property 2401 - Interest and Earnings $4,542.77 $1,244.42 $1,290.52 Total for Use of Money and Property $4,542.77 $1,244.42 $1,290.52 Other Revenues 2701 - Refunds of Prior Year Expenditures $90.23 -- Total for Other Revenues $90.23 $0.00 $0.00 Total for Revenues $1,576,683.67 $1,553,821.12 $1,443,275.97 Other Sources Operating Transfers 80 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Results of Operations 12/31/2023 12/31/2022 12/31/2021 5050 - Interfund Transfer for Debt Services $15,990.31 -- Total for Operating Transfers $15,990.31 $0.00 $0.00 Total for Other Sources $15,990.31 $0.00 $0.00 Total for Revenues and Other Sources $1,592,673.98 $1,553,821.12 $1,443,275.97 81 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Expenditures General Government Support Special Items 19104 - Unallocated Insurance - Contractual $26,000.00 $26,000.00 $24,700.00 Total for Special Items $26,000.00 $26,000.00 $24,700.00 Total for General Government Support $26,000.00 $26,000.00 $24,700.00 Home and Community Services Water 83101 - Water Administration - Personal Services $50,034.07 $44,572.88 $38,402.04 83104 - Water Administration - Contractual $26,539.00 $14,484.12 $20,635.52 83204 - Water Source of Supply, Power and Pumping - Contractual $830,538.37 $830,907.99 $760,129.65 83401 - Water Transportation and Distribution - Personal Services $79,625.11 $35,578.31 $40,217.45 83402 - Water Transportation and Distribution - Equipment and Capital Outlay $189,987.35 $26,496.22 $30,524.22 83404 - Water Transportation and Distribution - Contractual $151,862.74 $57,359.43 $157,894.21 Total for Water $1,328,586.64 $1,009,398.95 $1,047,803.09 Total for Home and Community Services $1,328,586.64 $1,009,398.95 $1,047,803.09 Employee Benefits 82 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Results of Operations 12/31/2023 12/31/2022 12/31/2021 Employee Benefits 90108 - State Retirement System - Employee Benefits $3,419.94 $2,481.41 $2,625.01 90308 - Social Security - Employee Benefits $7,629.14 $4,664.54 $4,555.47 90408 - Workers' Compensation - Employee Benefits $6,625.24 $6,684.39 $6,677.82 90508 - Unemployment Insurance - Employee Benefits $372.28 $471.55 $452.19 90608 - Hospital, Medical and Dental Insurance - Employee Benefits $39,155.83 $12,871.95 $12,212.07 90898 - Employee Benefits, Other (Specify) - Employee Benefits Medicare $1,784.25 $1,090.90 $1,065.40 Total for Employee Benefits $58,986.68 $28,264.74 $27,587.96 Total for Employee Benefits $58,986.68 $28,264.74 $27,587.96 Debt Service Debt Service 97106 - Serial Bonds - Debt Principal $132,739.00 $132,980.00 $182,235.00 97107 - Serial Bonds - Debt Interest $42,246.18 $43,955.78 $43,565.39 97306 - Bond Anticipation Notes - Debt Principal --$0.00 Total for Debt Service $174,985.18 $176,935.78 $225,800.39 Total for Debt Service $174,985.18 $176,935.78 $225,800.39 Total for Expenditures $1,588,558.50 $1,240,599.47 $1,325,891.44 Total for Expenditures and Other Uses $1,588,558.50 $1,240,599.47 $1,325,891.44 83 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $1,513,112.00 $1,199,885.50 $1,082,500.97 8022 - Restated Fund Balance - Beginning of Year $1,513,112.00 $1,199,885.50 $1,082,500.97 Add Revenues and Other Sources $1,592,673.98 $1,553,821.12 $1,443,275.97 Deduct Expenditures and Other Uses $1,588,558.50 $1,240,599.47 $1,325,891.44 8029 - Fund Balance - End of Year $1,517,227.48 $1,513,112.00 $1,199,885.50 84 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Estimated Revenue 1049 - Est Rev - Property Taxes $586,945.16 $586,995.00 $573,197.00 1299 - Est Rev - Departmental Income -$901,800.00 $834,300.00 2199 - Est Rev - Departmental Income $1,116,950.00 -- 2499 - Est Rev - Use of Money and Property $5,000.00 $1,000.00 $1,500.00 Total for Estimated Revenue $1,708,895.16 $1,489,795.00 $1,408,997.00 Estimated Other Sources 599 - Appropriated Fund Balance $98,978.57 $77,149.00 $121,188.00 Total for Estimated Other Sources $98,978.57 $77,149.00 $121,188.00 Total for Estimated Revenues and Other Sources $1,807,873.73 $1,566,944.00 $1,530,185.00 85 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 SW - Special District(s) Water Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Estimated Appropriations 1999 - App - General Government Support $56,000.00 $28,500.00 $28,500.00 8999 - App - Home and Community Services $1,502,328.29 $1,318,958.00 $1,280,879.00 9199 - App - Employee Benefits $75,500.00 $44,500.00 $44,500.00 9899 - App - Debt Service $174,045.44 $174,985.00 $176,306.00 Total for Estimated Appropriations $1,807,873.73 $1,566,943.00 $1,530,185.00 Total for Estimated Appropriations and Other Uses $1,807,873.73 $1,566,943.00 $1,530,185.00 86 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service V - Debt Service Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Assets and Deferred Outflows Total for Assets and Deferred Outflows $0.00 $0.00 $0.00 87 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service Balance Sheet 12/31/2023 12/31/2022 12/31/2021 Liabilities, Deferred Inflows and Fund Balances Total for Liabilities, Deferred Inflows and Fund Balances $0.00 $0.00 $0.00 88 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service Results of Operations 12/31/2023 12/31/2022 12/31/2021 Revenues and Other Sources Total for Revenues and Other Sources $0.00 $0.00 $0.00 89 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service Results of Operations 12/31/2023 12/31/2022 12/31/2021 Expenditures and Other Uses Total for Expenditures and Other Uses $0.00 $0.00 $0.00 90 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service Changes in Fund Balance 12/31/2023 12/31/2022 12/31/2021 Analysis of Changes in Fund Balance 8021 - Fund Balance - Beginning of Year $0.00 $28.03 $28.03 8015 - Prior Period Adjustment OR Change in Accounting Principle - Decrease in Fund Balance -$28.03 - 8022 - Restated Fund Balance - Beginning of Year $0.00 $0.00 - Add Revenues and Other Sources $0.00 $0.00 $0.00 Deduct Expenditures and Other Uses $0.00 $0.00 $0.00 8029 - Fund Balance - End of Year $0.00 $0.00 $28.03 91 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Revenues and Other Sources Total for Estimated Revenues and Other Sources $0.00 $0.00 $0.00 92 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 V - Debt Service Adopted Budget Summary 12/31/2024 12/31/2023 12/31/2022 Estimated Appropriations and Other Uses Total for Estimated Appropriations and Other Uses $0.00 $0.00 $0.00 93 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 K - Schedule of Non-Current Government Assets K - Schedule of Non-Current Government Assets Schedule of Non-Current Government Assets 12/31/2023 12/31/2022 12/31/2021 Non-Current Assets Non-Depreciable Capital Assets 101 - Land $681,258.00 $681,258.00 $681,258.00 Total for Non-Depreciable Capital Assets $681,258.00 $681,258.00 $681,258.00 Depreciable Capital Assets 102 - Buildings $1,597,152.00 $1,597,152.00 $1,526,309.00 103 - Improvements Other Than Buildings $261,460.00 $261,460.00 $261,460.00 104 - Machinery and Equipment $6,782,272.48 $6,193,173.00 $5,661,484.00 106 - Infrastructure $9,177,609.00 $9,177,609.00 $9,177,609.00 107 - Other Capital Assets $80,188.00 $80,188.00 $80,188.00 Total for Depreciable Capital Assets $17,898,681.48 $17,309,582.00 $16,707,050.00 Other Non-Current Assets 108 - Net Pension Asset Proportionate Share $1,552,109.00 $510,823.00 - Total for Other Non-Current Assets $1,552,109.00 $510,823.00 $0.00 Total for Non-Current Assets $20,132,048.48 $18,501,663.00 $17,388,308.00 94 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 W - Schedule of Non-Current Government Liabilities W - Schedule of Non-Current Government Liabilities Schedule of Non-Current Government Liabilities 12/31/2023 12/31/2022 12/31/2021 Long-Term Obligations Debt Obligations 628 - Bonds Payable $2,593,758.00 $2,747,497.00 $2,900,477.00 Total for Debt Obligations $2,593,758.00 $2,747,497.00 $2,900,477.00 Other Long-Term Obligations 638 - Net Pension Liability Proportionate Share -$0.00 $6,114.00 Total for Other Long-Term Obligations $0.00 $0.00 $6,114.00 Total for Long-Term Obligations $2,593,758.00 $2,747,497.00 $2,906,591.00 95 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Supplemental Schedules The Supplemental Schedules includes the following schedules: • Statement of Indebtedness • Bond Repayment • Bank Reconciliation • Employee and Retiree Benefits 96 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Statement of Indebtedness Debt Summary Debt Type Beginning Balance Debt Issued Principal Paid Paid From debt Proceeds Accreted Interest Prior Year Adjustment Ending Balance Bond $0.00 $0.00 $153,739.00 $0.00 $0.00 $2,747,497.00 $2,593,758.00 Total $0.00 $0.00 $153,739.00 $0.00 $0.00 $2,747,497.00 $2,593,758.00 97 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Statement of Indebtedness Debt Records Debt Type/ Purpose Lender Name Issue Date Maturity Date Beginning Balance Debt Issued Principal Paid Paid From Debt Proceeds Prior Year Adjustment Accreted Interest Ending Balance Bond Bone Plain Rd 9/10/20 9/10/40 $0.00 $0.00 $70,000.00 $0.00 $1,497,000.00 $0.00 $1,427,000.00 Bond 2020 Drake Rd CWD #4 9/10/20 9/10/48 $0.00 $0.00 $13,000.00 $0.00 $417,000.00 $0.00 $404,000.00 Bond Lansing Sta Water - EFC EFC 12/9/10 8/9/30 $0.00 $0.00 $38,739.00 $0.00 $332,497.00 $0.00 $293,758.00 Bond 2020 Warren Rd Sewer 9/10/20 9/10/33 $0.00 $0.00 $21,000.00 $0.00 $240,000.00 $0.00 $219,000.00 Bond 2020 Drake Rd CWD #2 9/10/20 9/10/33 $0.00 $0.00 $5,000.00 $0.00 $53,000.00 $0.00 $48,000.00 Bond 2020 Peruville Rd CWD #5 9/10/20 9/10/48 $0.00 $0.00 $6,000.00 $0.00 $208,000.00 $0.00 $202,000.00 98 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Bond Repayment Fiscal Year Ending Bond Principal Due Bond Interest Due Total Due Remaining Principal Balance 2024 $155,000.00 $97,568.00 $252,568.00 $2,438,758.00 2025 $160,000.00 $41,613.00 $201,613.00 $2,278,758.00 2026 $160,000.00 $39,612.00 $199,612.00 $2,118,758.00 2027 $165,000.00 $37,613.00 $202,613.00 $1,953,758.00 2028 $170,000.00 $35,362.00 $205,362.00 $1,783,758.00 2029 $170,000.00 $32,900.00 $202,900.00 $1,613,758.00 2030 $175,000.00 $30,438.00 $205,438.00 $1,438,758.00 2031 $130,000.00 $27,912.00 $157,912.00 $1,308,758.00 2032 $135,000.00 $25,963.00 $160,963.00 $1,173,758.00 2033 $135,000.00 $23,600.00 $158,600.00 $1,038,758.00 2034 $110,000.00 $20,900.00 $130,900.00 $928,758.00 2035 $115,000.00 $18,700.00 $133,700.00 $813,758.00 2036 $115,000.00 $16,400.00 $131,400.00 $698,758.00 99 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Fiscal Year Ending Bond Principal Due Bond Interest Due Total Due Remaining Principal Balance 2037 $120,000.00 $14,100.00 $134,100.00 $578,758.00 2038 $120,000.00 $11,700.00 $131,700.00 $458,758.00 2039 $120,000.00 $9,300.00 $129,300.00 $338,758.00 2040 $125,000.00 $6,900.00 $131,900.00 $213,758.00 2041 $25,000.00 $4,400.00 $29,400.00 $188,758.00 2042 $25,000.00 $3,900.00 $28,900.00 $163,758.00 2043 $25,000.00 $3,400.00 $28,400.00 $138,758.00 2044 $25,000.00 $2,900.00 $27,900.00 $113,758.00 2045 $30,000.00 $2,400.00 $32,400.00 $83,758.00 2046 $30,000.00 $2,400.00 $32,400.00 $53,758.00 2047 $30,000.00 $1,200.00 $31,200.00 $23,758.00 2048 $23,758.00 $30,000.00 $53,758.00 $0.00 Total $2,593,758.00 $541,181.00 $3,134,939.00 $2,593,758.00 Total Bond Ending Balance for Statement of Indebtedness. 100 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Bank Reconciliation Accounts Account No.Account Type Associated Fund(s)Bank Balance Deposits In Transit Outstanding Checks Adjustments Total 710 Checking SW $211,046.51 $3.00 $0.00 $0.00 $211,049.51 608 Checking SD $9,641.45 $3.00 $0.00 $0.00 $9,644.45 911 Savings SD $110,687.70 $0.00 $0.00 $0.00 $110,687.70 907 Savings A, B $1,269,728.18 $0.00 $0.00 $0.00 $1,269,728.18 908 Savings DA, DB $984,564.53 $0.00 $0.00 $0.00 $984,564.53 913 Savings A $106,903.51 $0.00 $0.00 $0.00 $106,903.51 716 Checking SS $9,998.16 $3.00 $0.00 $0.00 $10,001.16 910 Savings SS $412,738.46 $0.00 $0.00 $0.00 $412,738.46 1189 Checking SS $19,868.99 $0.00 ($1,558.13)$0.00 $18,310.86 916 Savings A $15,115.80 $0.00 $0.00 $0.00 $15,115.80 912 Savings A $380,084.60 $0.00 $0.00 $0.00 $380,084.60 3704 Checking A, B $35,358.68 $57,829.21 $0.00 $0.00 $93,187.89 101 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Accounts Account No.Account Type Associated Fund(s)Bank Balance Deposits In Transit Outstanding Checks Adjustments Total 707 Checking DA, DB $454,664.82 $3.00 ($29,731.31)$0.00 $424,936.51 917 Savings DA, DB $301,464.12 $0.00 $0.00 $0.00 $301,464.12 718 Checking SL $15,144.86 $3.00 $0.00 $0.00 $15,147.86 915 Savings A $15,104.76 $0.00 $0.00 $0.00 $15,104.76 914 Savings A $134.72 $0.00 $0.00 $0.00 $134.72 189 Checking SW $7,895.74 $7,020.85 $0.00 $0.00 $14,916.59 909 Savings SW $1,260,254.94 $0.00 $0.00 $0.00 $1,260,254.94 Total $5,620,400.53 $64,865.06 ($31,289.44)$0.00 $5,653,976.15 $5,653,976.15Total Cash From Financials 102 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Bank Reconciliation Investments and Collateralization of InvestmentsCollateralization of Cash FDIC Insurance Market Value as of Fiscal Year End Date Collateralized with Securities held in possession of the municipality or its agent or otherwise secured Collateralized with Securities held in possession of the municipality or its agent or otherwise secured Total Bank Balance Investments From Financials Total of FDIC Insurance and Collateralized with securities held in possession of the municipality or its agent or otherwise secured $5,620,400.53 $250,000.00 $5,459,935.90 $5,709,935.90 $0.00 $0.00 $0.00 103 OSC Municipality Code 500344900000 Town of Lansing Annual Financial Report For the Fiscal Period 01/01/2023 - 12/31/2023 Employee and Retiree Benefits Full Time Employees Part Time Employees Volunteers with Paid Benefits Retirees with Paid Benefits 33 20 0 13 Total Number Benefit Amount Full Time Part Time Volunteer Retiree State Retirement System $255,595.01 32 8 Police Retirement Fire Retirement Local Pension Fund Social Security $150,749.19 33 19 Worker's Compensation $74,533.99 33 19 Life Insurance Unemployment Insurance $14,670.14 31 14 Disability Insurance Hospital, Medical and Dental Insurance $701,937.28 27 13 Union Welfare Benefits Supplemental Benefit Payments to Disabled Firefighters Employee Benefits,Other $35,255.83 33 19 Total Employee Benefits Paid $1,232,741.44 Number Receving Benefits 104 OSC Municipality Code 500344900000