HomeMy WebLinkAboutTB Minutes 2015-03-09 Meeting of the Ithaca Town Board
Monday, March 9, 2015 at 5:30 p.m.
Minutes
Board Members Present: Herb Engman, Supervisor; Bill Goodman, Deputy Town Supervisor;
Pat Leary, Tee-Ann Hunter, Eric Levine, Rich DePaolo, and Rod Howe
Staff Present: Susan Ritter, Director of Planning, Bruce Bates, Director of Code Enforcement;
Mike Solvig, Director of Finance,Judy Drake, Director of Human Resources; Paulette
Terwilliger,Town Clerk; Jim Weber, Highway Superintendent and Susan Brock, Attorney for
the Town
Agenda Item 1 Call to Order and Pledge of Allegiance—5:32 p.m.
Agenda Item 2 Tompkins County Legislature and Ithaca Common Council
Agenda Item 3 Persons to be Heard and Board comments
Agenda Item 4 Discuss and consider setting a public hearing regarding a Local Law
amending the Town of Ithaca Code, Chapter 271 entitled "Zoning: Special Land Use
Districts" to modify the requirements for seasonal camping facilities at the La Tourelle
Resort and referral of the local law to the Town Planning Board for a recommendation
Scott Wiggins gave an overview of the proposal, stating that their first season last year was a
huge success but they found they needed more common areas to gather and this request for a
modification to the PDZ is mostly for those additional covered gathering spaces.
Mr. DePaolo asked what the additions would look like from the other side of the valley but
added that he imagines the Planning Board would look at that. Mr. Wiggins responded that they
will look like wedding tents from afar.
TB Resolution No.2015 -029: Setting a public hearing regarding a Local Law amending
the Town of Ithaca Code, Chapter 271 entitled "Zoning: Special Land Use Districts"to
modify the requirements for seasonal camping facilities at the La Tourelle Resort and
referral of the local law to the Town Planning Board for a recommendation
Whereas, Scott Wiggins and Robert Frisch have submitted an application to the Town of Ithaca
to modify the requirements for the seasonal camping facilities on the La Tourelle Resort
grounds, and presented the details of the project to the Ithaca Town Board on March 9, 2015; and
Whereas, the zoning for the La Tourelle property (1150 Danby Road) is Planned Development
Zone No. 1 (Wiggins; Town of Ithaca Code Section 271-3),which was modified in 2014 to
allow the seasonal camping facilities with certain restrictions; now, therefore, be it
Resolved, that the Town Board of the Town of Ithaca will hold a public hearing at Town Hall,
215 North Tioga Street, Ithaca, New York on the 13`h day of April, 2015 at 5:30 p.m. for the
purpose of considering the proposed "Local Law Amending Chapter 271 of the Town of Ithaca
TB March 9, 2015 Pg 1
Code, Entitled "Zoning: Special Land Use Districts" to Modify the Requirements for the
Seasonal Camping Facilities at the La Tourelle Resort"; and be it further
Resolved, that at such time and place all persons interested in the proposed local law may be
heard concerning the same; and it is further
Resolved, that the Town Clerk of the Town of Ithaca is hereby authorized and directed to publish
a notice of such public hearing in the Ithaca Journal and to post a copy of the same on the
signboard of the Town of Ithaca; and it is further
Resolved, that the Town Board of the Town of Ithaca hereby refers consideration of the proposed
draft"Local Law Amending Chapter 271 of the Town of Ithaca Code, Entitled"Zoning: Special
Land Use Districts" to Modify the Requirements for the Seasonal Camping Facilities at the La
Tourelle Resort" to the Town of Ithaca Planning Board for a recommendation and site plan
review of the modified development proposal.
Moved: Rod Howe Seconded: Tee Ann Hunter
Vote: Ayes—Hunter, Howe, Levine, Leary, DePaolo, Engman and Goodman
Agenda Item 5 Discuss and consider setting a public hearing regarding a Local Law
amending the Town of Ithaca Code to set Complete Streets regulations
Mr. Engman reported that the Public Works Committee looked at the proposed local law and Ms.
Brock just looked at it and has some questions.
Ms. Brock stated that she just started to look at the draft and she asked if it was going to be a law
or a policy and if it was going to be a law and codified, would it be in the Subdivision chapter or
the Streets and Sidewalks chapter or would it be pulled apart and some in each? She went on to
say that our Subdivision chapter has pages of requirements for roads and she hasn't had a chance
to see if there is anything in that chapter that may need to be changed or if this is such a different
focus that it doesn't affect our existing laws at all.
Ms. Brock touched on some of the issues in the draft such as criteria for the "best available"
design standards; thresholds that are not spelt out and who is going to collect, inspect and record
the data and annual report it talks about and the bigger issue is whether or not the town can do
some of the things in the draft because we have a lot of highways by use and she was not sure
about the legality of putting shade trees etc. in the right-of-ways since we don't own the land.
Another issue to think about is the exceptions being determined by the Town Board if this ends
up in the Subdivision section it is usually the Planning Board, especially in conjunction with
subdivision approval.
Ms. Ritter added that in terms of Complete Streets, the Tompkins County Transportation Council
looks at it as when money is coming in to rebuild an existing road, you look at what you can do
to provide for other users of that roadway; it is when we get money from the state. Ms. Brock
TB March 9, 2015 Pg 2
responded that the way this draft is written, it applies to all roadways whether it was being rebuilt
or new and private or public.
Mr. Engman responded that this is a statement of policy by the town board and he wrote it as a
law because that is what other municipalities have done. On the handout he sent there is a list of
other municipalities who have adopted this as a law. He thought this was more an overarching
statement that says that if you are doing anything major to a roadway, you have to at least
consider these other factors, such as pedestrians, bicyclists, public transportation users etc. so
this is a statement of what our expectations are so that we at least think about these things when
we are doing a project instead of just traffic and speed and how fast we can get them from one
place to another. This sets the overall policy and we use our current laws for implementation.
There is an avenue for exceptions so this just gets you to the point of deciding what you are
going to do.
Mr. DePaolo said that it seems the regulating of this as a law would be much more cumbersome
than it would as a policy and it is a good idea but as drafted, it does not rise to the level of
specificity needed. He agreed that it should definitely be required that the concept of Complete
Streets be thought about but there must be a way to do that as a policy. Mr. Engman responded
that he drafted it after other municipalities' examples and he thinks policies are often forgotten.
Mr. DePaolo thought it should be referenced in our Code and required to be looked at as a
policy.
Mr. Levine asked if this was going to require sidewalks for all developments and would cost be a
reason not to and Mr. Engman responded that it would make them consider the possibility and
there is an exception for cost but the Town Board would decide that. Mr. DePaolo added that he
assumes there would be criteria involved such as how many people are in the area etc. that would
come into that consideration of an exemption.
Discussion followed and it was decided that the board would start this as a policy to get it active
sooner rather than later and to investigate whether some of Ms. Brock's concerns could be
addressed and put into the law. The Board would like it linked to the Code to give it more
weight. Ms. Brock thought it could be added to the Subdivision chapter and the Board directed
her to work with staff for the best way to get that done and discuss it at the study session to set a
public hearing.
Agenda Item 6 Consider adoption of a Bond Resolution (Subject to Permissive
Referendum) In the Matter of the Proposed 2015 Road Improvement Program, in the
Town of Ithaca, Tompkins County, New York, pursuant to Town Law and the Local
Finance Law.
Mr. Solvig explained that combining the two projects, Honness Lane and Marcy
Court and it is cost effective to combine the two and it allows for flexibility by
combining the two projects so if one comes in lower or higher at bid opening we
could still go ahead as long as they both didn't go over and any remaining funds
could cover other expenses for road projects.
TB March 9, 2015 Pg 3
Ms. Hunter asked if this had been discussed at the committee level and Mr. Howe
stated that it was talked about at Public Works Committee and Mr. Levine stated that
it was discussed at the Budget Committee. Ms. Hunter was concerned about the
flexibility and where any surplus funds would go as well as what oversight the
Board would have on the funds. Mr. Solvig responded that the Board would have to
approve any use of the funds but by putting the projects together we save some
administrative time and money and it gives us needed flexibility.
Ms. Hunter stated that she was not in favor of this and it seems to her that our
projects have been coming in under budget so that concern seems to be moot and
thought we have budgeted money for all road projects in the budget and they are all
funded so if there was extra money it could be allocated from fund balance. She
would like to see any extra money go to debt service. Mr. Solvig responded that we
could still do that, but this offers the flexibility to cover another unforeseen project.
TB Resolution No. 2015-30: BOND RESOLUTION (Subiect to Permissive Referendum) In
the Matter of the Proposed 2015 Road Improvement Program, in the Town of Ithaca,
Tompkins County, New York, pursuant to Town Law and the Local Finance Law.
At a regular meeting of the Town Board of the Town of Ithaca,Tompkins County, New York, held
at Town Hall, in Ithaca, New York, in said Town, on the 9th day of March, 2015, at 5:30 o'clock
P.M.,Prevailing Time.
The meeting was called to order by Herb Engman, and upon roll being called,there were
PRESENT: Supervisor Herb Engman; Councilmen Rich DePaolo, Bill Goodman, Rod Howe,
Tee-Ann Hunter, Patricia Leary, and Eric Levine. Moved by Bill Goodman; seconded by Eric
Levine
A RESOLUTION AUTHORIZING, SUBJECT TO PERMISSIVE
REFERENDUM,THE 2015 ROAD IMPROVEMENT PROGRAM,IN AND
FOR THE TOWN OF ITHACA,TOMPKINS COUNTY,NEW YORK,AT
A MAXIMUM ESTIMATED COST OF$800,000,AND AUTHORIZING
THE ISSUANCE OF$800,000 BONDS OF SAID TOWN TO PAY THE
COST THEREOF.
WHEREAS, all conditions precedent to the financing of the capital project hereinafter described,
including compliance with the provisions of the State Environmental Quality Review Act, have
been performed; and
WHEREAS, the capital project hereinafter described has been determined to be a Type 11 Action
pursuant to the regulations of the New York State Department of Environmental Conservation
promulgated pursuant to the State Environmental Quality Review Act, the implementation of
which as proposed, said regulation provides will not result in a significant adverse environmental
effect; and
TB March 9, 2015 Pg 4
WHEREAS, it is now desired to authorize the financing thereof,
NOW,THEREFORE, BE IT RESOLVED,by the Town Board of the Town of Ithaca,Tompkins
County, New York,as follows:
Section 1. The reconstruction and improvement of roads in and for the Town of
Ithaca,Tompkins County, New York, including pavement replacement,base replacement,
grading, ditching, storm water drainage, landscaping and other right-of-way improvements and
other incidental improvements and expenses in connection therewith, is hereby authorized at a
maximum estimated cost of$800,000.
Section 2. The plan for the financing of the aforesaid maximum estimated cost is by
the issuance of not exceeding$800,000 bonds of said Town, hereby authorized to be issued
therefor pursuant to the provisions of the Local Finance Law.
Section 3. It is hereby determined that the period of probable usefulness of the
aforesaid class of objects or purposes is fifteen years,pursuant to subdivision 20(c)of paragraph
a of Section 11.00 of the Local Finance Law. It is hereby further determined that the maximum
maturity of the serial bonds herein authorized will exceed five years.
Section 4. The faith and credit of said Town of Ithaca,Tompkins County, New York,
are hereby irrevocably pledged for the payment of the principal of and interest on such bonds as
the same respectively become due and payable. An annual appropriation shall be made in each
year sufficient to pay the principal of and interest on such bonds becoming due and payable in
such year. There shall annually be levied on all the taxable real property in said Town, a tax
sufficient to pay the principal of and interest on such bonds as the same become due and payable.
Section 5. Subject to the provisions of the Local Finance Law, the power to authorize
the issuance of and to sell bond anticipation notes in anticipation of the issuance and sale of the
bonds herein authorized, including renewals of such notes, is hereby delegated to the Supervisor
of said Town, the chief fiscal officer. Such notes shall be of such terms, form and contents, and
shall be sold in such manner, as may be prescribed by said Supervisor, consistent with the
provisions of the Local Finance Law.
Section 6. All other matters except as provided herein relating to the bonds herein
authorized including the date, denominations,maturities and interest payment dates,within the
limitations prescribed herein and the manner of execution of the same, including the
consolidation with other issues, and also the ability to issue bonds with substantially level or
declining annual debt service, shall be determined by the Supervisor, the chief fiscal officer of
such Town. Such bonds shall contain substantially the recital of validity clause provided for in
Section 52.00 of the Local Finance Law, and shall otherwise be in such form and contain such
recitals, in addition to those required by Section 51.00 of the Local Finance Law, as the
Supervisor shall determine consistent with the provisions of the Local Finance Law.
Section 7. The validity of such bonds and bond anticipation notes may be contested
only if:
TB March 9, 2015 Pg 5
1) Such obligations are authorized for an object or purpose for which said Town is
not authorized to expend money,or
2) The provisions of law which should be complied with at the date of publication of
this resolution are not substantially complied with, and an action, suit or
proceeding contesting such validity is commenced within twenty days after the
date of such publication, or
3) Such obligations are authorized in violation of the provisions of the Constitution.
Section 8. This resolution shall constitute a statement of official intent for purposes
of Treasury Regulations Section 1.150-2. Other than as specified in this resolution, no monies
are, or are reasonably expected to be, reserved, allocated on a long-term basis, or otherwise set
aside with respect to the permanent funding of the object or purpose described herein.
Section 9. Upon this resolution taking effect, the same shall be published in full or
summary form in the official newspaper of said Town for such purpose, together with a notice of
the Town Clerk in substantially the form provided in Section 81.00 of the Local Finance Law.
Section 10. This resolution is adopted subject to permissive referendum.
The question of the adoption of the foregoing resolution was duly put to a vote on roll call,
which resulted as follows: Supervisor Herb Engman; aye, Board Members: Rich DePaolo, aye;
Bill Goodman, aye; Rod Howe, aye; Tee-Ann Hunter, nay; Patricia Leary, aye and Eric Levine
aye. The resolution was thereupon declared duly adopted.
Agenda Item 7 Discuss and consider a refund of delinquent water charges for
Lake View Cemetery provided for by NYS GML 165-a
The board discussed the current state of the cemetery and decided it was appropriate to continue
to help the cemetery in this small amount rather than have it fail and have to take it over. Mr.
Engman noted that they are paying for the mowing this year with funds they have raised and the
Town had to help them last year. Mr. Engman reported that the past caretaker had an offer to
pay something back to avoid jail but he has stated that he can't and has been arrested.
TB Resolution No. 2015 — 031: Refund of Delinquent Water Charees for Lake View
Cemetery, Utility Billing Account No.T1235,Tax Parcel No.16.-2-5
Whereas, as of October 15, 2014 there remained a delinquent balance of $1,311.65 for water
charges and penalties on utility billing account no. T1235 for customer Lake View Cemetery,
605 Lake Shore Drive, Ithaca,NY 14850; and
Whereas, Town Code Chapters 210 and 261 provides for all delinquent accounts for payment of
water and sewer charges to be re-levied on the ensuing year's tax roll; and
TB March 9, 2015 Pg 6
Whereas, all delinquent water charges and penalties as of October 15, 2014 in the amount of
$1,311.65 were removed from the utility billing account and re-levied by Town Board
Resolution No. 2014-183 to the 2015 Town and County Tax Roll on November 10,2014; and
Whereas, the recent financial difficulties of the Lake View Cemetery have resulted in the
Cemetery Board to request financial assistance from the Town, including a refund of the
$1,311.65 amount re-levied to the 2015 Town and County Tax Roll;and
Whereas, General Municipal Law 165-a authorizes a town to provide aid to not-for-profit
cemeteries in their municipality with funds or services to forestall the abandonment of a
cemetery to the town, and
Whereas, taxes have been paid in full for the affected Tax Parcel; now,therefore, be it
Resolved, the Town Board of the Town of Ithaca hereby authorizes a refund of $1,311.65
for water charges to be paid to Lake View Cemetery, with temporary offices at 215 N. Tioga
Street, Ithaca, NY 14850.
Moved: Rod Howe Seconded: Eric Levine
Vote: Ayes—Hunter, Howe, Levine, Leary, DePaolo, Engman and Goodman
Agenda Item 8 Discuss and consider approval of the revised Joint Youth Commission
Agreement
Mr. DePaolo reported that minor changes that have been discussed in the past were incorporated
such as membership requirements and the Town of Caroline was added. Mr. DePaolo noted that
Ms. Brock was involved in the drafting of the changes.
TB Resolution No. 2015 -032: Accepting Amendments to the Intermunicipal Agreement
and Operating Guidelines of the Joint Youth Commission and Authorizing Town
Supervisor to Sign Agreement
Whereas, the Joint Youth Commission (JYC) was created by resolution of the Boards of the
Town of Ithaca and the Villages of Cayuga Heights and Lansing in 1991, and as of 2014 includes
the Town of Caroline; and
Whereas, the JYC members have recommended various changes to the JYC governing document
known as the "Intermunicipal Agreement and Operating Guidelines of the Joint Youth
Commission," including revisions related to the inclusion of the Town of Caroline and to the
authority under which the JYC acts; now, therefore,be it
Resolved, that the Town Board of the Town of Ithaca hereby approves the changes to the JYC
Intermunicipal Agreement as submitted; and be it further
TB March 9, 2015 Pg 7
Resolved, that the Supervisor of the Town of Ithaca is hereby authorized to execute the JYC
Intermunicipal Agreement on behalf of the Town of Ithaca.
Moved: Rich DePaolo Seconded: Bill Goodman
Vote: Ayes–Hunter, Howe, Levine, Leary, DePaolo, Engman and Goodman
Agenda Item 9 Consider appointments—Local Advisory Board of Assessment Review
TB Resolution 2014 - 033: Establishment of Local Assessment Review Board
Resolved that Rich DePaolo and Eric Levine are appointed to the Local Assessment Review
Board as required by Tompkins County Assessment with Rod Howe serving as an alternate.
Moved: Tee Ann Hunter Seconded: Bill Goodman
Vote: Ayes–Hunter, Howe, Levine, Leary, DePaolo, Engman and Goodman
Agenda Item 10 Consider Consent Agenda Items
TB Resolution 2014 - 034: Adopt Consent Agenda
Resolved, that the Town Board of the Town of Ithaca hereby approves and/or adopts the
following Consent Agenda items:
a. Approval of Town Board Meeting Minutes of February 9, 2015
b. Approval of Town of Ithaca Abstract
c. Approval of Bolton Point Abstract
Moved: Tee Ann Hunter Seconded: Eric Levine
Vote: Ayes–Hunter, Howe, Levine, Leary, DePaolo, Engman and Goodman
TB Resolution 2014 - 034a: Approval of Minutes of February 9 and 23, 2015
Whereas, the draft Minutes of the February 9 and 23, 2015 meetings of the Town Board have
been submitted for review and approval, now therefore be it
Resolved,that the Town Board hereby approves the submitted minutes as the final minutes of the
meeting February 9 and 23, 2015 of the Town Board of the Town of Ithaca.
TB Resolution No. 2015 -034b: Town of Ithaca Abstract
Whereas the following numbered vouchers have been presented to the Ithaca Town Board for
approval of payment; and
Whereas the said vouchers have been audited for payment by the said Town Board; now
therefore be it
TB March 9, 2015 Pg 8
Resolved that the governing Town Board hereby authorizes the payment of the said vouchers in
total for the amounts indicated.
VOUCHER NOS. 227 - 277
General Fund Town wide 130,875.28
General Fund Part Town 11,249.07
Highway Fund Part Town 77,179.89
Water Fund 40,196.01
Sewer Fund 20,459.11
Fire Protection Fund 38,360.19
Forest Home Lighting District 173.32
Glenside Lighting District 58.38
Renwick Heights Lighting District 64.02
Eastwood Commons Lighting District 148.50
Clover Lane Lighting District 17.25
Winner's Circle Lighting District 57.49
Burlei h Drive Lighting District 58.59
West Haven Road Lighting District 177.75
Coddin ton Road Lighting District 105.94
TOTAL 319,180.79
TB Resolution No. 2015-034c: Bolton Point Abstract
Whereas, the following numbered vouchers for the Southern Cayuga Lake Intermunicipal Water
Commission have been presented to the governing Town Board for approval of payment; and
Whereas, the said vouchers have been audited for payment by the said Town Board; now,
therefore, be it
Resolved, that the governing Town Board hereby authorizes the payment of the said vouchers.
Voucher Numbers: 58- 110
Check Numbers: 15775-15827
Burdick Hill Tanks Project $ 0
Capital Impr/Repl Project $ 106,623.79
Operating Fund $ 57,948.55
TOTAL $ 164,572.34
Less Prepaid $ 3,238.35
TOTAL $ 161,333.99
TB Resolution No. 2015 -034d: Appointment of Agriculture Committee Chair and Vice-
Chair
TB March 9, 2015 Pg 9
Whereas the Agriculture Committee has recommended Russ Wedemeyer as Chair and Sharon
Tregaskis and Vice-Chair for 2015, now therefore be it
Resolved that the Town Board does hereby appoint Russ Wedemeyer as Chair and Sharon
Tregaskis and Vice-Chair for the Agriculture Committee for a term of January 1, 2015 through
December 31, 2015
Agenda Item 11 Report of Town Officials and Review of Correspondence
Ms. Hunter asked if we could request the flashing speed limit signs be put on Hanshaw Rd when
the new speed limit signs are put up and Mr. Engman said he would put a request in with the
Sheriffs office.
Agenda Item 12 Report of Town and Intermunicipal Committees
a. PWC- Discuss possible parking restrictions for intersections
Mr. Weber reported that he received a complaint about parking on Honness Lane at Wildflower
Drive and the Public Works Committee discussed drafting a law to prohibit parking at
intersections in the Town. Mr. DePaolo asked if he meant every intersection; with or without a
stop sign or signal and Mr. Weber responded yes. Mr. DePaolo then asked if there would be a
sign at each intersection on each side of the road and Mr. Weber responded that there would be
and they would be phased in. Mr. DePaolo thought that would be unsightly and thought making
a law to cover the entire town for one complaint on one intersection might not be the way to
address the problem. Mr. Engman noted that this is just the start of a conversation and asked that
everyone start thinking about it; an option is prohibiting parking on Honness Lane but give we
have prohibited parking on Slaterville Road, the cars have to go somewhere.
Some discussion followed on the proposed length of 50 feet which seemed a lot and Mr.
Goodman thought maybe we should start with just the congested parks of the Town. Mr.
Engman again stated that this was a start and to simply start noticing intersections and think
about it and we will bring it back up in the future.
Agenda Item 13 Consider Adjournment
Meeting was adjourned upon motion and a second at 6:25 p.m.
Paulette Terwilliger,Town Clerk
TB March 9, 2015 Pg 10
TOWN OF ITHACA
FINANCIAL REPORTS
FOR THE MONTH ENDED
FEBRUARY 28, 2015
REPORTS:
BALANCE SHEET
REVENUE & EXPENSE SUMMARY
and CASH & CASH EQUIVALENTS
DETAILED CASH LISTING
FOR FIDUCIARY FUNDS
^ SUMMARY OF BANK COLLATERAL
TOWN OF ITHACA
BALANCE SHEET
FOR THE MONTH ENDED FEBRUARY 28, 2015
GENERAL GENERAL HIGHWAY
WATER
FUND
SEWER
FUND
CAPITAL
DESCRIPTION TOWNWIDE PART-TOWN PART-TOWN PROJECTS
FUND FUND FUND FUNDS
ASSETS
UNRESERVED CASH:
CASH
INVESTMENTS
PETTY CASH
$ 4,999,746 $ 623,681 $ 1,761,947 $ 1,886,614 $ 1,930,815 $ 964,223
700 - 200
TOTAL - UNRESERVED CASH $5,000,446 $623,681 $1,762,147 $1,886,614 $1,930,815 $964,223
RESERVED CASH:
PARKS & OPEN SPACE PLAN $735,657 $$$.$$
GENERAL PURPOSE BENEFIT 180,412 63,556 99,889 14,222 8,004
HIGHWAY EQUIPMENT .212,135
PRESERVE MAINTENANCE 40,041
LAND STEWARDSHIP 10,004 .
INVESTMENTS .
FIDUCIARY FUNDS ---
TOTAL - RESERVED CASH $966,114 $63,556 $312,024 $14,222 $8,004 $
OTHER ASSETS:
xfld^CCOUNTS RECEIVABLE $-$$$$$
'ATER & SEWER RECEIVABLES -26,319 22,070
DUE FROM OTHER FUNDS .
STATE & FEDERAL AID RECEIVABLE .
DUE FROM OTHER GOVTS 20,731 24,737 .
PREPAID EXPENSES 83,715 28,242 31,011 7,569 3,596
TAXES RECEIVABLE - CURRENT ---.
TOTAL - OTHER ASSETS $104,445 $28,242 $31,011 $58,624 $25,666 $
TOTAL ASSETS $6.071.005 $715.479 $2.105.182 $1.959.461 $1.964.486 $964.223
LIABILITIES and FUND BALANCE
ACCOUNTS PAYABLE $130,875 $11,249 $$40,196 $20,459 $
ACCRUED LIABILITIES 47,077 52,608 122,400 83 48,033
DUE TO OTHER FUNDS ..
RETAINAGE ...9,820 37,316
DEFERRED REVENUE
-----
RESERVED FUND BALANCE 966,114 63,556 312,024 14,222 8,004
UNRESERVED FUND BALANCE 4,926,939 588,066 1,670,758 1,904,960 1,878,169 926,907
1 TOTAL LIABILITIES & FUND BALANCE $6.071.005 $715.479 $2.105.182 $1.959.461 $1.964.486 $964.223
ESTIMATED FUND BALANCE
FUND BALANCE - 01/01/2015 $3,117,429 $833,740 $1,709,669 $2,091,325 $2,184,797 $935,818
Add: REVENUE 3,392,198 30,893 1,006,373 783,862 205,456 121
Less: EXPENSE 616,574 213,011 733,260 956,004 504,080 6,032
' ND BALANCE - 02/28/2015 $5.893.052 $651.621 $1.982j782 $1,919,183 $1,886.173 $929.907 1
Page 1 of4
TOWN OF ITHACA
BALANCE SHEET
FOR THE MONTH ENDED FEBRUARY 28, 2015
DESCRIPTION
RISK
RETENTION
FUND
FIRE
PROTECTION
FUND
LIGHTING
DISTRICT
FUNDS
DEBT
SERVICE
FUND
TRUST &
AGENCY
FUND
INLET
VALLEY
CEMETERY
ASSETS
UNRESERVED CASH:
CASH
INVESTMENTS
PETTY CASH
$ 166,701 $ 4,618,676 $ 17,987 $ 1,379,419 $$
TOTAL - UNRESERVED CASH
RESERVED CASH:
PARKS & OPEN SPACE PLAN
GENERAL PURPOSE BENEFIT
HIGHWAY EQUIPMENT
PRESERVE MAINTENANCE
LAND STEWARDSHIP
FUNDS FOR BOND REFUNDING
FIDUCIARY FUNDS
TOTAL - RESERVED CASH
$ 166,701 $ 4,618,676 $17,987 $ 1,379,419 $
$ - $
919,536
OTHER ASSETS:
,4«^ccounts receivable
CUSTOMER RECEIVABLE
DUE FROM OTHER FUNDS
STATE & FEDERAL AID RECEIVABLE
DUE FROM OTHER GOVTS
PREPAID EXPENSES
TAXES RECEIVABLE - CURRENT
TOTAL - OTHER ASSETS $$
116.082
$ 919,536 $ 116,082 $
$$$$
9.077
9,077
ITOTAL ASSETS $ 166.701 $ 4.618.676 $ 17.987 $ 2.298.955 $ 116.082 S 9.077
LIABILITIES and FUND BALANCE
ACCOUNTS PAYABLE
ACCRUED LIABILITIES
DUE TO OTHER FUNDS
RETAINAGE
DEFERRED REVENUE
RESERVED FUND BALANCE
UNRESERVED FUND BALANCE
38,360 $
166,701 4,580,316 17,987
919,536
1,379,419
116,082
9,077
ITOTAL LIABILITIES & FUND BALANCE $ 166.701 $ 4.618.676 $ 17.987 $ 2.298.955 $ 116.082 $ 9.077
ESTIMATED FUND BALANCE
FUND BALANCE - 01/01/2015
Add: REVENUE
Less: EXPENSE
$ 141,875 $ 1,038,139 $
25,019 3,580,537
193 38,360
5,565 $ 1,427,187 $
13,201 988,648
1,640 116,880
9,076
1
ND BALANCE - 02/28/2015 $ 166.701 $ 4.580.316 $ 17.126 $ 2.298.9SS 9 - $9.077 I
Page 2 of 4
)TOWN.1HACA)BALANCE SHEET for CAPITAL PROJECTSFOR THE MONTH ENDED FEBRUARY 28, 20152ACTiyE£CApiT^MPR0aECTS?,DESCRIPTIONFUND H4Hanshaw RoadWalkwayFUND HSPine Tree RoadWalkway/BridgeFUND HSGateway Trail(Grant Funding)FUND HI 4Forest Home DrUpstrnt BridgeFUND HISWhitetall DriveImprovementsFUND H21Sand Bank RdImprovementsFUND H22Winners CircleImprovementsFUND H23CliristopherCriWater TankFUND H24Coddlngton RdWater MainFUND H25SapsuckerWater TankFUND H26Honness LaneImprovementsFUND H27Mercy CourtImprovementsTOTALCAPITALPROJECTSASSETSUNRESERVED CASH:CASHINVESTRAENTSTOTAL - UNRESERVED CASHOTHER ASSETS:ACCOUNTS RECEIVABLECUSTOMER RECEIVABLEDUE FROM OTHER FUNDSSTATEn^EDERAL RECEIVABLEDUE FROM OTHER GOVTSPREPAID EXPENSESBAN LOANSTOTAL • OTHER ASSETS100,538 $100,538$35,101 $ 61,352 $ 93,056 $ 10,157 $ 359,677 $ 40,736 $ 111,878 $ 151,729 $- $ 35,101 $ 61,352 $ 93,056 $ 10,157 $ 359,677 $$ - $ - $ - $ - $ . $40,736 $ 111,878 $ 151,729 $$ - $ - $ITOTAL assets"- $- $964,223- $ 964,223S$ 100.538 $ 35.101 $ 61.352 $ 93.056 $ 10.157 S 359.677 $ 40.736 $ 111.878 $ 151.729 $$ 964.223LIABILITIES & FUND BALANCEACCOUNTS PAYABLEACCRUED LIABILIITESDUE TO OTHER FUNDSRETAINAGEBAN PAYABLERESERVED FUND BALANCEUNRESERVED FUND BALANCE100,53835,10161,35293,056- $10,000157359,67740,736111,878- $27,316124,413ITOTAL LIAB 8i FUND BALANCE$ 100,538 $ 35.101 $ 61.352 $ 93.056 $ 10.157 S 359.677 $ 40.736 $ 111.878 $ 151,729 S37,316926,907$ 984,223ESTIMATED FUND BALANCEFUND BALANCE • 01/01/2015Add: REVENUEless: EXPENSE$ 100,526 $1235,098 $464,344 $ 93,045 $8 11155 $ 359,632 $1 4540,731 $5I FUND BALANCE - 02/28/20iF117,895 $156,032124,394 $19- $- $• $ 935,8181216,032$ 100,538 $ 35,101 $ 64,352 $ 93.056 $157 $ 359,677 $ 40,736 $ 111,878 $ 124,413 $• $- $- $929,907Page 3 of 4
)TOWNJ.ITHACA)BALANCE SHEET for LIGHT DISTRICTSFOR THE MONTH ENDED FEBRUARY 28, 2015DESCRIPTIONFUND SL-IForestHomeFUND SL-2GlensideFUND SL-3RenwickHeightsFUND SL-4EastwoodCommonsFUND SL-SClover LaneFUND SL^Winner'sCircleFUND SL-7BurlelghDriveFUND SL^WesthavenRoadFUND SL-SCoddingtonRoadTOTALLIGHTDISTRICTSASSETSUNRESERVED CASH:CASHINVESTMENTSTOTAL - UNRESERVED CASHOTHER ASSETS:ACCOUNTS RECEIVABLECUSTOMER RECEIVABLEDUE FROM OTHER FUNDSSTATE & FEDERAL AID RECEIVABLEPREPAID EXPENSESTAXES RECEIVABLE - CURRENTTOTAL - OTHER ASSETS3.989 $ 1,809 $ 1,914 $ 2,954 $ 427 $ 1,152 $ 1,153 $ 3.396 $ 1.994 $ 17,987^ A ^ . - . _ • • •$3,989$1,009$1,914$2,954$427$1,152$1,153$3,396$1,994 $17,987$-$-$$-$-$-$-$$- $$4.0004,000$650650S9509501.9001 onn200inn*7008002,5001.50013.200LIABIUTIES and FUND BALANCEACCOUNTS PAYABLEACCRUED LIABILIITESDUE TO OTHER FUNDSDEFERRED REVENUERESERVED FUND BALANCEUNRESERVED FUND BALANCE173 $58 $64 $149 $17 $57 $59 $178 $106 $ESTIMATED FUND BALANCEFUND BALANCE • 01/01/2015Add: REVENUELess: EXPENSE{FUND BALANCE - 02/28/2015143 $4,0003283^815"404 $1,043 $1,1606509501,900104143254951 $1.850 $ ~2.8068617,8152,8004,7061,7941,8955,7183,38830,326TOTAL LIABILITIES & FUND BALANCE7.9891.6592.8644.8541.8521.9535.8963.49431.187241 $473 $403 $1,092 $607 $5,5652007008002,5001,50013,20131791083742201,640410 $1.094 S ~1.095 S ~3.218 $ ~1.888 $ "17.126Page 4 of 4
TOWN OF ITHACA
REVENUE and EXPENSE SUMMARY
FOR THE MONTH ENDED FEBRUARY 28, 2015
DESCRIPTION
REVENUE
BUDGETED REVENUE
ACTUALS ACCRUED
REVENUE OVER (UNDER)
% OF BUDGET EARNED
GENERAL GENERAL HIGHWAY
TOWNWIDE PART-TOWN PART-TOWN
FUND FUND FUND
WATER
FUND
SEWER
FUND
CAPITAL
PROJECTS
FUNDS
$ 4,590,245 $ 1,394,050 $ 3,391,500 $ 6,409,658
3,392,198 30,893 1,006,373 783,862
$ (1,198.047) $ (1.363.157) $ (2.385,127) $ (5.625.796)
2,453,582 $
205,456
(2.248.126) $"
73.9%29.7%12.2%
EXPENSE
BUDGETED EXPENSE
ACTUAL & ACCRUED
EXPENSE OVER fUNDER)~
% OF BUDGET EXPENDED
$ 5,190,058 $ 1,601,305
616,574 213,011
$ (4.573.484) $ (1.388.294)
11.9% 13.3%
3,716,211 $ 6,320,463 $ 2,795,520 $
733,260 956,004 504,080 $
(2.982.951) $ (5.364.459) $ (2.291.440) $
19.7%15.1%18.0%
ESTIMATED FUND BALANCE
FUND BALANCE-01/01/2015 $ 3,117,429 $ 833,740 $ 1,709,669 $ 2,091,325 $ 2,184,797 $ 935,818
Actual & Accrued
Add: REVENUE
Less; EXPENSE
IFUND BALANCE - 02/28/2015
3,392,198
616,574
$ 5,893,052 $
30,893 1,006,373
213,011 733,260
651,621 $ 1,982,782
783,862 205,456 $
956,004 504,080 $
1.919.183 $ 1,886,173. :
CASH and
CASH EQUIVALENTS
UNRESERVED CASH
CASH (CHECKING/SAVINGS)
CASH-SJC OPERATING
INVESTMENTS
PETTY CASH
TOTAL - UNRESERVED CASH
RESERVED CASH
PARKS & OPEN SPACE PLAN
GENERAL PURPOSE BENEFIT
HIGHWAY EQUIPMENT
PRESERVE MAINTENANCE
LAND STEWARDSHIP
INVESTMENTS
FIDUCIARY FUNDS
^TOTAL - RESERVED CASH
.OTAL CASH-02/28/2015 : .
$ 4,999,746 $
700
$ 5,000,446 $
735,657 $
180,412
40,041
10,004
623,681 $ 1,761,947 $ 1,886,614 $ 1,625,471 $
305,345
$ 966,114 $ 63,556 $ 312,024 $ 14,222 $ 8,004 $
964,223
623,681 $ 1,762,147 $ 1,886,614 $ 1,930,815 $ 964,223
n $ - $ - $ - $
63,556 99,889 14,222 8,004
212,135
5.966.560 687,237
TOWN OF ITHACA
REVENUE and EXPENSE SUMMARY
FOR THE MONTH ENDED FEBRUARY 28, 2015
DESCRIPTION
REVENUE
BUDGETED REVENUE
ACTUAL & ACCRUED
IREVENUE OVER fUNDER^
% OF BUDGET EARNED
RISK FIRE LIGHTING
RETENTION PROTECTION DISTRICT
FUND . FUND FUNDS
DEBT TRUST & INLET
SERVICE AGENCY VALLEY
fund fund CEMETERY
25,000 $ 3,605,000 $
25,019 3,580,537
9 $ (24,463) $
13.200 $ 988,984 $
13.201 988,648
_ 1 $
100.1%99.3%100.0%100.0%
EXPENSE
BUDGETED EXPENSE
ACTUAL & ACCRUED
'EXPENSE OVER mNDER-
% OF BUDGET EXPENDED
$ 15,500 $ 3,405,000 $ 14,120 $ 1,236,400 $
2^3 38,360 1,640 116,880
12.480) $ (1.119.520) S
1-2% 1.1% 11.6% 9.5%
[UiSl!2l]
$ 1,500
^ ESTIMATED FUND BALANCF
FUND BALANCE - 01/01/2015
Actual & Accrued
Add: REVENUE
Less: EXPENSE
*FUND BALANCE - 02/28/2015
141,875 $ 1,038,139 $
25,019 3,580,537
193 38,360
166,701 $ 4.580.316 $
5,565 $ 1,427,187 $
13,201 988,648
1,640 116,880
17.126 $ 2.298.955 $
$ 9,076
: 9.077
CASH and
CASH EQUIVALENTS
UNRESERVED CASH
CASH (CHECKING/SAVINGS)
CASH - SJC OPERATING
INVESTMENTS
PETTY CASH
TOTAL. UNRESERVED CASH
RESERVED CASH
PARKS & OPEN SPACE PLAN
GENERAL PURPOSE BENEFIT
HIGHWAY EQUIPMENT
PRESERVE MAINTENANCE
LAND STEWARDSHIP
FUNDS FOR BOND REFUNDING
FIDUCIARY FUNDS
TOTAL n RESERVED CASH
^
'OTAL CASH - 02/28/2015
166,701 $ 4,618,676 $ 17,987 $ 1,379,419 $
166,701 $ 4,618,676 $ 17,987 $ 1,379,419 $
919,536
116.082
$ 919,538 $ 116,082 $
$ 166.701 $ 4.618.676 $ 17.987 $ 2.298.955 $ 116.082 S
TOWN c >flTHACAREVENUE and EXPENSE SUMMARY for CAPITAL PROJECTSFOR THE MONTH ENDED FEBRUARY 28, 2015DESCRIPTIONACnVE CAPITAL PROJECTSFUND H4FUND H5FUND H8FUND H14FUND H1BFUND H211 FUND H22 11 FUNDH23 11 FUNDH24 1FUN0H2S !1 FUND H26 1[ FUNDH27nshaw RoadWalkwayPine Tree RoadWalkway/BrldqeGateway Trail(Grant Fundlna)Forest Home DrUpstrm BtidqeWliiietall DriveImprovements ;Sand Bank RdImprovementsSajWapsucker HonnessLane Marcy Courtter.Tank Improvements ImprovementBUDGETED REVENUEACTUAL & ACCRUEDEVENUE^OVER'IUNDER% OF BUDGET EARNEDBUDGETED EXPENSEACTUAL & ACCRUEDEXPENSE OVER (UNDER% OF BUDGET EXPENDED• $ • $0.0% 0.0% 0.0% 0.0% 0.0% 0.0%-$ -$ •$ -$ -$ -$ -$6,032 - . - - 6.1$ • $ 6.032 $ . $ . S0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%ESTIMATED FUND BALANCEFUND BALANCE-01/01/2015 $ 100,526 $ 35,096 S 64,344 $ 93,045 $Actual & AccruedAdd: REVENUE 12 4 8 11Less: EXPENSE ....100.538155 $ 359,632 $ 40,731 $ 117,895 S 124,394 $1 45 5 15 196,032124.413$ 935,8181216,032929,907CASH andCASH EQUIVALENTSCASH (CHECKING/SAVINGS) $ 100,538 $ 35,101 $ 61,352 $ 93,056 $ 10,157 S 359,677 $ 40,736 $ 111,878 $ 151,729 $INVESTMENTS .......- $ - S 964,223100,538 $ 35,101 $ 61,352 S 93,056 S 10.167
TOWN O. 'ITHACAREVENUE and EXPENSE SUMMARY for LIGHT DISTRICTSFOR THE MONTH ENDED FEBRUARY 28, 2015DescriptionREVENUEBUDGETED REVENUEACTUAL & ACCRUEDIREVENUEOVERfUNDER>% OF BUDGET EARNEDFUND SL-1 FUND SL-2 FUND SL-3 FUND SL-4 FUND SL-5 I FUND SL-6 I FUNDSL-7 I FUND SL«8 I FUNDSL-9 I TOTALForest Glenslde Renwick Eastwood Clover Lane Winner's Burleigh Westhaven Coddlngton LIGHT—ySine 1 J Heights | Commons Circle Drive Road Road nisTRicx$ 4,000 $ 650 $ 950 $ 1,900 $ 200 $ 700 $ 800 $ 2,500"*'000 ^50 950 1,900 200 700 800 2,500100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%1,500 $ 13,2001,500 13,2011EXPENSEBUDGETED EXPENSEACTUAL & ACCRUED% OF BUDGET EXPENDED3,500 $328750 $1041,100 $1432,200 $254270 $31800 $79900 $108ESTIMATED FUND BALANCEFUND BALANCE - 01/01/2015Actual & AccruedAdd: REVENUELess: EXPENSEI FUND BALANCE - 02/2872015143 $404 $ 1,043 $ 1,160 $241 $473 $403 $ 1,092 $CASH andCASH EQUIVALENTSCASH (CHECKING/SAVINGS) $ 3.989 $ 1.009 $ 1,914 $ 2.954 $ 427 $ 1,152 $ 1.153 $ 3.398 $ 1 994 $ 17 987INVESTMENTSITOTAL CASH - 02/28/20153,989 $ 1,009 S 1.914
TOWN OF ITHACA
DETAILED CASH LISTING - FIDUCIARY FUNDS
FOR THE MONTH ENDED FEBRUARY 28, 2015
DESCRIPTION
TRUST & AGENCY FUND
TA200C DISBURSEMENTS CHECKING
TA200P PAYROLL CHECKING
TA202 ON-LINE COLLECTIONS
TA205 NEXTEL SITE LEASE DEPOSIT
TA206 ITHACA TOWERS OPTION ESCROW
TA207 WIRELESS ONE
TA209 EMPLOYEE FLEXIBLE SPENDING
TA21D STORMWATER COALITION
TA211 VERIZON WIRELESS ESCROW
TA212 CAYUGA LAKE WATERSHED INTERMUNICIPAL ORG
TOTAL CASH: TRUST & AGENCY FUND
AMOUNT
8,458.77
9.59
4,503.13
11,847.32
4,594.80
11,303.28
54,778.77
271.39
20,315.44
$ 116,082.47
INLET VALLEY CEMETERY FUND
TE202 INLET VALLEY CEMETERY - EXPENDABLE TRUST
TOTAL CASH; FIDUCIARY FUNDS
$ 9,076.94
$ 125,159.41
TOWN OF ITHACA
SUMMARY OF BANK COLLATERAL
FOR THE MONTH ENDED FEBRUARY 28, 2015
TOMPKINS TRUST COMPANY-
CASH & CASH EQUIVALENTS $ 20,759 327
INVESTMENTS
TOTAL CASH ON DEPOSIT
LESS: FDIC INSURANCE
LESS: FMV OF COLLATERAL ON DEPOSIT @ 2/28/2015
U.S. GOVERNMENT AGENCY OBLIGATIONS
OVER (UNDER) C0LLATERALI2ED
$20,759,327
$250,000
$26,752,320
$6,242,993
CASH ASSETS COLLATERALIZED @ FMV 2/28/2015 1 Z0%
Collateral is held by the Bank of New York, pledged for the Town of Ithaca, New York, for
all deposits and/or repurchase agreements of Tompkins Trust Company.
NOTE:
For deposits in excess of FDIC coverage. General Municipal Law, section 10 requires that
the excess amounts are to be secured by eligible collateral.