HomeMy WebLinkAbout2021 Annual Report Submitted to the NYS ComptrollerAll Numbers in This Report
Have Been Rounded To
The Nearest Dollar
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ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL LAW:
1. ***Every Municipal Corporation *** shall annually make a report of its
financial condition to the Comptroller. Such report shall be made by the
Chief Fiscal Officer of such Municipal Corporation ***
5. All reports shall be certified by the officer making the same and shall
be filed with the Comptroller *** It shall be the duty of the incumbent
officer at the time such reports are required to be filed with the
Comptroller to file such report ***
AUTHORIZATION
ANNUAL FINANCIAL REPORT
For The
TOWN of Ithaca
County of Tompkins
UPDATE DOCUMENT
For the Fiscal Year Ended 12/31/2021
State of NEW YORK
Office of The State Comptroller
Division of Local Government and School Accountability
Albany, New York 12236
Page 1
TOWN OF Ithaca
Financial Information for the following funds and account groups are included in the Annual Financial Report filed by
your government for the fiscal year ended 2020 and has been used by the OSC as the basis for preparing this
update document for the fiscal year ended 2021:
*** FINANCIAL SECTION ***
(A) GENERAL
(B) GENERAL TOWN-OUTSIDE VG
(DA) HIGHWAY-TOWN-WIDE
(DB) HIGHWAY-PART-TOWN
(ES) ENTERPRISE SEWER
(EW) ENTERPRISE WATER
(H) CAPITAL PROJECTS
(K) GENERAL FIXED ASSETS
(SF) FIRE PROTECTION
(SL) LIGHTING
(TC) CUSTODIAL
(V) DEBT SERVICE
(W) GENERAL LONG-TERM DEBT
All amounts included in this update document for 2020 represent data filed by your government with
OSC as reviewed and adjusted where necessary.
*** SUPPLEMENTAL SECTION ***
The Supplemental Section includes the following sections:
1) Statement of Indebtedness
2) Schedule of Time Deposits and Investments
3) Bank Reconciliation
4) Local Government Questionnaire
5) Schedule of Employee and Retiree Benefits
All numbers in this report will be rounded to the nearest dollar.
6) Schedule of Energy Costs and Consumption
Page 2
Code Description 2020 EdpCode 2021
(A) GENERAL
Balance Sheet
Assets
Cash 2,869,488 A200 4,277,773
Cash In Time Deposits 660,000 A201 2,102,648
Petty Cash 700 A210 700
TOTAL Cash 3,530,188 6,381,121
Accounts Receivable 7,612 A380 60,090
Accrued Interest Receivable 7,396 A381 3,037
TOTAL Other Receivables (net) 15,008 63,127
Due From State And Federal Government 188,766 A410 146,434
TOTAL State And Federal Aid Receivables 188,766 146,434
Due From Other Governments 41,275 A440 490,870
TOTAL Due From Other Governments 41,275 490,870
Prepaid Expenses 70,585 A480 147,493
TOTAL Prepaid Expenses 70,585 147,493
Cash Special Reserves 130,148 A230 729,884
Cash In Time Deposits Special Reserves 1,045,000 A231 258,891
TOTAL Restricted Assets 1,175,148 988,775
TOTAL Assets 5,020,970 8,217,820
OSC Municipality Code 500342300000Page 3
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(A) GENERAL
2020 EdpCode 2021Code Description
Balance Sheet
A600Accounts Payable 125,553210
TOTAL Accounts Payable 125,553210
A601Accrued Liabilities 38,270559,699
TOTAL Accrued Liabilities 38,270559,699
A730Guaranty & Bid Deposits 11,18111,169
TOTAL Other Deposits 11,18111,169
A688Other Liabilities 823,536
A719Disability Insurance 194194
A720Group Insurance 6,8847,527
TOTAL Other Liabilities 830,6147,721
A663Due To County For Tax Levy 426,434
TOTAL Due To Other Governments 0426,434
1,005,233 1,005,618TOTAL Liabilities
Deferred Inflows of Resources
A691Deferred Inflow of Resources 2,693
A694Deferred Taxes 102,990157,222
TOTAL Deferred Inflows of Resources 102,990159,915
159,915 102,990TOTAL Deferred Inflows of Resources
Fund Balance
A806Not in Spendable Form 147,49370,585
TOTAL Nonspendable Fund Balance 147,49370,585
A867Reserve for Emp Benefits & Acc Liabilities
A870General Reserve 95,897101,315
A878Capital Reserve 724,763969,047
A899Other Restricted Fund Balance 433,545
TOTAL Restricted Fund Balance 1,254,2051,070,362
A913Committed Fund Balance 158,899159,137
TOTAL Committed Fund Balance 158,899159,137
A914Assigned Appropriated Fund Balance 575,482
A915Assigned Unappropriated Fund Balance 149,808149,719
TOTAL Assigned Fund Balance 725,290149,719
A917Unassigned Fund Balance 4,823,3252,406,020
TOTAL Unassigned Fund Balance 4,823,3252,406,020
3,855,823 7,109,212TOTAL Fund Balance
5,020,971 8,217,820TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 4
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(A) GENERAL
Code Description 2020 EdpCode 2021
Revenues
A1001 4,001,7163,039,877Real Property Taxes
TOTAL Real Property Taxes 3,039,877 4,001,716
A1081 65,12957,642Other Payments In Lieu of Taxes
A1090 7,4907,051Interest & Penalties On Real Prop Taxes
TOTAL Real Property Tax Items 64,693 72,619
A1120 2,346,121
Non Prop Tax Dist By County
TOTAL Non Property Tax Items 0 2,346,121
A1255 4,3704,600Clerk Fees
A1550 425450Public Pound Charges, Dog Control Fees
A1710 7,6172,950Public Works Charges
A2189 21,48621,048Other Home & Community Services Income
TOTAL Departmental Income 29,048 33,898
A2350 101,60595,042Youth Recreation Services, Other Govts
TOTAL Intergovernmental Charges 95,042 101,605
A2401 18,97767,884Interest And Earnings
A2440 139,145125,469Rental, Other (specify)
TOTAL Use of Money And Property 193,353 158,122
A2544 9,5229,371Dog Licenses
TOTAL Licenses And Permits 9,371 9,522
A2610 174,623156,173Fines And Forfeited Bail
TOTAL Fines And Forfeitures 156,173 174,623
A2665 16,312325Sales of Equipment
A2680 17,5411,881Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 2,206 33,853
A2701 5,6071,652Refunds of Prior Year's Expenditures
A2706 52,40441,577Grants From Local Governments
A2750 87,654
AIM Related Payments
A2770 77419,163Unclassified (specify)
TOTAL Miscellaneous Local Sources 62,392 146,439
A2801 377,288621,900Interfund Revenues
TOTAL Interfund Revenues 621,900 377,288
A3005 382,578297,101St Aid, Mortgage Tax
A308960,444St Aid - Other (specify)
TOTAL State Aid 357,545 382,578
A47855,332Fed Aid, Disaster Assistance
TOTAL Federal Aid 5,332 0
TOTAL Revenues 4,636,932 7,838,384
A5031 399,04523,750Interfund Transfers
TOTAL Interfund Transfers 23,750 399,045
TOTAL Other Sources 23,750 399,045
TOTAL Revenues 4,660,682 8,237,429
Page 5 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(A) GENERAL
Code Description 2020 EdpCode 2021
Expenditures
A10101 93,50591,003Legislative Board, Pers Serv
A10104 1,3025,154Legislative Board, Contr Expend
TOTAL Legislative Board 96,157 94,807
A11101 170,046162,412Municipal Court, Pers Serv
A11104 122,189107,351Municipal Court, Contr Expend
TOTAL Municipal Court 269,763 292,235
A12201 85,16482,885Supervisor,pers Serv
A12204 1,7103,624Supervisor,contr Expend
TOTAL Supervisor 86,509 86,874
A13204 18,00013,494Auditor, Contr Expend
TOTAL Auditor 13,494 18,000
A13301 69,18668,861Tax Collection,pers Serv
A13304 7,6968,422Tax Collection,contr Expend
TOTAL Tax Collection 77,283 76,882
A13401 86,985158,246Budget, Pers Serv
A13404 2,289539Budget, Contr Expend
TOTAL Budget 158,785 89,274
A14101 136,286130,247Clerk,pers Serv
A14104 5,6135,269Clerk,contr Expend
TOTAL Clerk 135,516 141,899
A14204 40,39738,661Law, Contr Expend
TOTAL Law 38,661 40,397
A14301 92,35891,547Personnel, Pers Serv
A14304 21,35623,701Personnel, Contr Expend
TOTAL Personnel 115,248 113,714
A14401 332,737316,961Engineer, Pers Serv
A14402 37,4063,550Engineer, Equip & Cap Outlay
A14404 30,00123,916Engineer, Contr Expend
TOTAL Engineer 344,427 400,144
A14604 12,10222,750Records Mgmt, Contr Expend
TOTAL Records Mgmt 22,750 12,102
A16201 21,54423,135Operation of Plant, Pers Serv
A16204 120,28192,363Operation of Plant, Contr Expend
TOTAL Operation of Plant 115,498 141,825
A16504 20,81020,849Central Comm System Contr Expend
TOTAL Central Comm System Contr Expend 20,849 20,810
A16604 4,7364,216Central Storeroom Contr Expend
TOTAL Central Storeroom Contr Expend 4,216 4,736
A16704 7,0337,157Central Print & Mail Contr Expend
TOTAL Central Print & Mail Contr Expend 7,157 7,033
A16801 86,72387,459Central Data Process Pers Serv
A16802 16,214
Central Data Process & Cap Outlay
A16804 62,25142,067Central Data Process, Contr Expend
TOTAL Central Data Process 129,526 165,188
Page 6 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(A) GENERAL
Code Description 2020 EdpCode 2021
Expenditures
A19104 40,24544,289Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 44,289 40,245
A19204 1,6502,550Municipal Assn Dues, Contr Expend
TOTAL Municipal Assn Dues 2,550 1,650
A19504 15,27915,594Taxes & Assess On Munic Prop, Contr Expend
TOTAL Taxes & Assess On Munic Prop 15,594 15,279
TOTAL General Government Support 1,698,272 1,763,094
A33101 21,23716,931Traffic Control, Pers Serv
A33104 7,0868,931Traffic Control, Contr Expen
TOTAL Traffic Control 25,862 28,323
A35104 45,33446,370Control of Animals, Contr Expend
TOTAL Control of Animals 46,370 45,334
TOTAL Public Safety 72,232 73,657
A50101 206,983215,526Street Admin, Pers Serv
A50104 10,7563,307Street Admin, Contr Expend
TOTAL Street Admin 218,833 217,739
A51321 116,254115,255Garage, Pers Serv
A51322 5,4762,536Garage, Equip & Cap Outlay
A51324 88,41894,462Garage, Contr Expend
TOTAL Garage 212,253 210,148
A51824 90,97534,034Street Lighting, Contr Expend
TOTAL Street Lighting 34,034 90,975
A5410263,653Sidewalks, Equip & Cap Outlay
TOTAL Sidewalks 63,653 0
TOTAL Transportation 528,773 518,862
A71101 349,752352,958Parks, Pers Serv
A71102 99,73185,759Parks, Equip & Cap Outlay
A71104 146,503219,731Parks, Contr Expend
TOTAL Parks 658,448 595,986
A71804 1,9732,698Special Rec Facility, Contr Expend
TOTAL Special Rec Facility 2,698 1,973
A73204 285,843196,096Joint Youth Prog, Contr Expend
TOTAL Joint Youth Prog 196,096 285,843
A74104 15,00015,000Library, Contr Expend
TOTAL Library 15,000 15,000
A75101 1,0001,000Historian, Pers Serv
TOTAL Historian 1,000 1,000
A75504 4,3392,828Celebrations, Contr Expend
TOTAL Celebrations 2,828 4,339
A79892 78,000152,957Other Culture And Rec, Equip & Cap Outlay
TOTAL Other Culture And Rec 152,957 78,000
TOTAL Culture And Recreation 1,029,027 982,141
A80201 69,48967,489Planning, Pers Serv
Page 7 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(A) GENERAL
Code Description 2020 EdpCode 2021
Expenditures
A80204 11,6751,774Planning, Contr Expend
TOTAL Planning 69,263 81,164
A85401 2,95545,092Drainage, Pers Serv
A85402 6,35019,940Drainage, Equip & Cap Outlay
A85404 14,15019,619Drainage, Contr Expend
TOTAL Drainage 84,651 23,455
A88101 1,200290Cemetery, Pers Serv
A88104 5,0005,000Cemetery, Contr Expend
TOTAL Cemetery 5,290 6,200
A89894 26,00026,000Misc Home & Comm Serv, Contr Expend
TOTAL Misc Home & Comm Serv 26,000 26,000
TOTAL Home And Community Services 185,204 136,819
A90108 272,923235,189State Retirement System
A90308 139,226140,327Social Security, Employer Cont
A90408 30,31232,799Worker's Compensation, Empl Bnfts
A90458 3,5553,582Life Insurance, Empl Bnfts
A905081,954Unemployment Insurance, Empl Bnfts
A90558 2,1322,491Disability Insurance, Empl Bnfts
A90608 528,022446,353Hospital & Medical (dental) Ins, Empl Bnft
A90898 30,06330,813Other Employee Benefits (spec)
TOTAL Employee Benefits 893,508 1,006,233
TOTAL Expenditures 4,407,016 4,480,806
A99019 425,043123,645Transfers, Other Funds
A99509 446,493432,788Transfers, Capital Projects Fund
TOTAL Operating Transfers 556,433 871,536
TOTAL Other Uses 556,433 871,536
TOTAL Expenditures 4,963,449 5,352,342
Page 8 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(A) GENERAL
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 4,158,590 A8021 3,855,823
Prior Period Adj -Increase In Fund Balance A8012 368,302
Restated Fund Balance - Beg of Year 4,158,590 A8022 4,224,125
ADD - REVENUES AND OTHER SOURCES 4,660,682 8,237,429
DEDUCT - EXPENDITURES AND OTHER USES 4,963,449 5,352,342
Fund Balance - End of Year 3,855,823 A8029 7,109,212
Page 9 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(A) GENERAL
Budget Summary
EdpCode 20222021
Estimated Revenues
Est Rev - Real Property Taxes 4,000,000 A1049N 3,500,000
Est Rev - Real Property Tax Items 61,500 A1099N 69,792
Est Rev - Non Property Tax Items 1,750,000 A1199N
Est Rev - Departmental Income 27,750 A1299N 31,050
Est Rev - Intergovernmental Charges 97,098 A2399N 98,845
Est Rev - Use of Money And Property 167,620 A2499N 168,896
Est Rev - Licenses And Permits 10,000 A2599N 10,000
Est Rev - Fines And Forfeitures 225,000 A2649N 225,000
Est Rev - Sale of Prop And Comp For Loss A2699N 99,500
Est Rev - Miscellaneous Local Sources 124,100 A2799N 87,500
Est Rev - Interfund Revenues A2801N 387,605
Est Rev - State Aid 250,000 A3099N 369,000
6,713,068 5,047,188TOTAL Estimated Revenues
Estimated - Interfund Transfer 662,457 A5031N 37,400
Appropriated Fund Balance A599N 575,482
662,457 612,882TOTAL Estimated Other Sources
7,375,525 5,660,070TOTAL Estimated Revenues
OSC Municipality Code 500342300000Page 10
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(A) GENERAL
Budget Summary
EdpCode 20222021
Appropriations
App - General Government Support 2,030,605 A1999N 2,032,659
App - Public Safety 85,384 A3999N 85,884
App - Health 35,500 A4999N 38,000
App - Transportation 610,700 A5999N 772,050
App - Culture And Recreation 1,326,431 A7999N 1,320,440
App - Home And Community Services 468,800 A8999N 298,450
App - Employee Benefits 1,020,000 A9199N 999,600
Unappropriated Revenues 1,415,062 A990N
6,992,482 5,547,083TOTAL Appropriations
App - Interfund Transfer 383,043 A9999N 112,987
383,043 112,987TOTAL Other Uses
7,375,525 5,660,070TOTAL Appropriations
OSC Municipality Code 500342300000Page 11
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(B) GENERAL TOWN-OUTSIDE VG
Balance Sheet
Assets
Cash 1,042,322 B200 1,257,414
Cash In Time Deposits 1,000,000 B201 577,728
TOTAL Cash 2,042,322 1,835,142
Accounts Receivable B380 560
Accrued Interest Receivable 4,672 B381 760
TOTAL Other Receivables (net) 4,672 1,320
Due From State And Federal Government 16,918 B410 2,115
TOTAL State And Federal Aid Receivables 16,918 2,115
Due From Other Governments 175,987 B440
TOTAL Due From Other Governments 175,987 0
Prepaid Expenses 31,527 B480 59,240
TOTAL Prepaid Expenses 31,527 59,240
Cash In Time Deposits Special Reserves 77,000 B231
TOTAL Restricted Assets 77,000 0
TOTAL Assets 2,348,426 1,897,817
OSC Municipality Code 500342300000Page 12
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(B) GENERAL TOWN-OUTSIDE VG
2020 EdpCode 2021Code Description
Balance Sheet
B600Accounts Payable 65,248
TOTAL Accounts Payable 65,2480
B601Accrued Liabilities 28,362225,099
TOTAL Accrued Liabilities 28,362225,099
225,099 93,610TOTAL Liabilities
Fund Balance
B806Not in Spendable Form 59,24031,527
TOTAL Nonspendable Fund Balance 59,24031,527
B867Reserve for Emp Benefits & Acc Liabilities
B899Other Restricted Fund Balance
Additional Description Encumbrance
20,914
TOTAL Restricted Fund Balance 20,9140
B913Committed Fund Balance 77,19977,321
TOTAL Committed Fund Balance 77,19977,321
B914Assigned Appropriated Fund Balance 39,125927,270
B915Assigned Unappropriated Fund Balance 1,607,7291,087,209
TOTAL Assigned Fund Balance 1,646,8542,014,479
2,123,327 1,804,207TOTAL Fund Balance
2,348,426 1,897,817TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 13
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(B) GENERAL TOWN-OUTSIDE VG
Code Description 2020 EdpCode 2021
Revenues
B1120 818,3411,514,237Sales Tax (from County)
B1170 57,95662,053Franchises
TOTAL Non Property Tax Items 1,576,290 876,297
B1289 204,144122,370Other General Departmental Income
B2110 3,8001,500Zoning Fees
B2115 11,1903,515Planning Board Fees
TOTAL Departmental Income 127,385 219,134
B2401 6,19415,961Interest And Earnings
TOTAL Use of Money And Property 15,961 6,194
B2680 932676Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 676 932
B2701579Refunds of Prior Year's Expenditures
B270512,689Gifts And Donations
B275087,654AIM Related Payments
B27704,131Unclassified (specify)
TOTAL Miscellaneous Local Sources 105,053 0
B398916,918St Aid - Other Home And Community Service
TOTAL State Aid 16,918 0
B40893,311Federal Aid - Other
TOTAL Federal Aid 3,311 0
TOTAL Revenues 1,845,594 1,102,557
TOTAL Revenues 1,845,594 1,102,557
Page 14 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(B) GENERAL TOWN-OUTSIDE VG
Code Description 2020 EdpCode 2021
Expenditures
B13204 2,9622,637Auditor, Contr Expend
TOTAL Auditor 2,637 2,962
B14204 99,90089,865Law, Contr Expend
TOTAL Law 89,865 99,900
B16504 21,42819,485Central Comm System, Contr Expend
TOTAL Central Comm System 19,485 21,428
B16704 8,2808,468Central Print & Mail, Contr Expend
TOTAL Central Print & Mail 8,468 8,280
B16802 68,172
Central Data Process & Cap Outlay
B16804 14,58633,666Central Data Process, Contr Expend
TOTAL Central Data Process 33,666 82,758
B1710487,700Administration-Contractual
TOTAL Administration-Contractual 87,700 0
B19104 14,69317,531Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 17,531 14,693
B195041,247Taxes & Assess On Munic Prop, Contr Expend
TOTAL Taxes & Assess On Munic Prop 1,247 0
TOTAL General Government Support 260,599 230,021
B80101 497,167481,422Zoning, Pers Serv
B80104 18,21920,366Zoning, Contr Expend
TOTAL Zoning 501,788 515,386
B80201 388,112373,188Planning, Pers Serv
B80204 65,90458,189Planning, Contr Expend
TOTAL Planning 431,377 454,016
TOTAL Home And Community Services 933,165 969,402
B90108 121,980117,942State Retirement, Empl Bnfts
B90308 64,23162,303Social Security , Empl Bnfts
B90408 16,35618,609Worker's Compensation, Empl Bnfts
B90458 1,5971,755Life Insurance, Empl Bnfts
B9050854Unemployment Insurance, Empl Bnfts
B90558 1,1081,217Disability Insurance, Empl Bnfts
B90608 202,073188,635Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits 390,515 407,345
TOTAL Expenditures 1,584,279 1,606,768
B99019 4,8824,750Transfers, Other Funds
TOTAL Operating Transfers 4,750 4,882
TOTAL Other Uses 4,750 4,882
TOTAL Expenditures 1,589,029 1,611,650
Page 15 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(B) GENERAL TOWN-OUTSIDE VG
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 1,866,762 B8021 2,123,327
Prior Period Adj -Increase In Fund Balance B8012 189,973
Restated Fund Balance - Beg of Year 1,866,762 B8022 2,313,300
ADD - REVENUES AND OTHER SOURCES 1,845,594 1,102,557
DEDUCT - EXPENDITURES AND OTHER USES 1,589,029 1,611,650
Fund Balance - End of Year 2,123,327 B8029 1,804,207
Page 16 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(B) GENERAL TOWN-OUTSIDE VG
Budget Summary
EdpCode 20222021
Estimated Revenues
Est Rev - Non Property Tax Items 812,500 B1199N 1,618,000
Est Rev - Departmental Income 249,000 B1299N 240,352
Est Rev - Use of Money And Property 15,000 B2499N 10,000
Est Rev - Sale of Prop And Comp For Loss B2699N 5,500
1,076,500 1,873,852TOTAL Estimated Revenues
Appropriated Fund Balance 927,270 B599N 39,125
927,270 39,125TOTAL Estimated Other Sources
2,003,770 1,912,977TOTAL Estimated Revenues
OSC Municipality Code 500342300000Page 17
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(B) GENERAL TOWN-OUTSIDE VG
Budget Summary
EdpCode 20222021
Appropriations
App - General Government Support 323,845 B1999N 217,151
App - Home And Community Services 1,157,000 B8999N 1,254,493
App - Employee Benefits 427,800 B9199N 435,100
1,908,645 1,906,744TOTAL Appropriations
App - Interfund Transfer 95,125 B9999N 6,233
95,125 6,233TOTAL Other Uses
2,003,770 1,912,977TOTAL Appropriations
OSC Municipality Code 500342300000Page 18
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(DA) HIGHWAY-TOWN-WIDE
Balance Sheet
Assets
Cash 392,400 DA200 614,298
Cash In Time Deposits 300,000 DA201 300,378
TOTAL Cash 692,400 914,676
Accounts Receivable DA380 234
Accrued Interest Receivable 1,301 DA381 395
TOTAL Other Receivables (net) 1,301 629
Prepaid Expenses 8,631 DA480 12,336
TOTAL Prepaid Expenses 8,631 12,336
TOTAL Assets 702,332 927,641
OSC Municipality Code 500342300000Page 19
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(DA) HIGHWAY-TOWN-WIDE
2020 EdpCode 2021Code Description
Balance Sheet
DA600Accounts Payable 2,414
TOTAL Accounts Payable 2,4140
DA601Accrued Liabilities 12,71418,371
TOTAL Accrued Liabilities 12,71418,371
18,371 15,128TOTAL Liabilities
Deferred Inflows of Resources
DA694Deferred Taxes 19,06831,444
TOTAL Deferred Inflows of Resources 19,06831,444
31,444 19,068TOTAL Deferred Inflows of Resources
Fund Balance
DA806Not in Spendable Form 12,3368,631
TOTAL Nonspendable Fund Balance 12,3368,631
DA899Other Restricted Fund Balance 253,156
TOTAL Restricted Fund Balance 253,1560
DA914Assigned Appropriated Fund Balance 204,178
DA915Assigned Unappropriated Fund Balance 627,953439,708
TOTAL Assigned Fund Balance 627,953643,886
652,517 893,445TOTAL Fund Balance
702,332 927,641TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 20
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(DA) HIGHWAY-TOWN-WIDE
Code Description 2020 EdpCode 2021
Revenues
DA1001 800,000800,000Real Property Taxes
TOTAL Real Property Taxes 800,000 800,000
DA1081 5,7075,547Other Payments In Lieu of Taxes
TOTAL Real Property Tax Items 5,547 5,707
DA2302 18,12020,943Snow Removal Services-Other Govts
TOTAL Intergovernmental Charges 20,943 18,120
DA2401 2,7425,485Interest And Earnings
TOTAL Use of Money And Property 5,485 2,742
DA2665 1,361
Sales of Equipment
DA2680 4,415282Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 282 5,776
TOTAL Revenues 832,257 832,345
TOTAL Revenues 832,257 832,345
Page 21 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(DA) HIGHWAY-TOWN-WIDE
Code Description 2020 EdpCode 2021
Expenditures
DA1710427,124Administration-Contractual
TOTAL Administration-Contractual 27,124 0
DA19104 9,66113,557Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 13,557 9,661
DA19894 1,418
Other General Govt Support, Contract Exp
TOTAL Other General Govt Support 0 1,418
TOTAL General Government Support 40,681 11,079
DA51301 21,994456Machinery, Pers Serv
DA51302 13,800
Machinery, Equip & Cap Outlay
DA51304 10,7446,766Machinery, Contr Expend
TOTAL Machinery 7,222 46,538
DA51421 197,648185,683Snow Removal, Pers Serv
DA51424 227,110262,515Snow Removal, Contr Expend
TOTAL Snow Removal 448,198 424,758
TOTAL Transportation 455,420 471,296
DA90108 28,59932,464State Retirement, Empl Bnfts
DA90308 12,91010,391Social Security , Empl Bnfts
DA90408 6,3027,146Worker's Compensation, Empl Bnfts
DA90458 405523Life Insurance, Empl Bnfts
DA90558 281317Disability Insurance, Empl Bnfts
DA90608 55,66366,047Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits 116,888 104,160
TOTAL Expenditures 612,989 586,535
DA99019 4,8824,750Transfers, Other Funds
TOTAL Operating Transfers 4,750 4,882
TOTAL Other Uses 4,750 4,882
TOTAL Expenditures 617,739 591,417
Page 22 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(DA) HIGHWAY-TOWN-WIDE
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 437,999 DA8021 652,517
Restated Fund Balance - Beg of Year 437,999 DA8022 652,517
ADD - REVENUES AND OTHER SOURCES 832,257 832,345
DEDUCT - EXPENDITURES AND OTHER USES 617,739 591,417
Fund Balance - End of Year 652,517 DA8029 893,445
Page 23 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(DA) HIGHWAY-TOWN-WIDE
Budget Summary
EdpCode 20222021
Estimated Revenues
Est Rev - Real Property Taxes 800,000 DA1049N 648,000
Est Rev - Real Property Tax Items 5,550 DA1099N 5,216
Est Rev - Intergovernmental Charges 18,000 DA2399N 21,889
Est Rev - Use of Money And Property 3,500 DA2499N 2,945
Est Rev - Sale of Prop And Comp For Loss DA2699N 54,541
827,050 732,591TOTAL Estimated Revenues
Appropriated Fund Balance 204,178 DA599N
204,178 0TOTAL Estimated Other Sources
1,031,228 732,591TOTAL Estimated Revenues
OSC Municipality Code 500342300000Page 24
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(DA) HIGHWAY-TOWN-WIDE
Budget Summary
EdpCode 20222021
Appropriations
App - Transportation 875,258 DA5999N 610,458
App - Employee Benefits 123,245 DA9199N 115,900
998,503 726,358TOTAL Appropriations
App - Interfund Transfer 32,725 DA9999N 6,233
32,725 6,233TOTAL Other Uses
1,031,228 732,591TOTAL Appropriations
OSC Municipality Code 500342300000Page 25
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(DB) HIGHWAY-PART-TOWN
Balance Sheet
Assets
Cash 2,789,025 DB200 1,672,158
Cash In Time Deposits 2,000,000 DB201 1,501,892
Petty Cash 200 DB210 200
TOTAL Cash 4,789,225 3,174,250
Accounts Receivable DB380 1,766
Accrued Interest Receivable 10,643 DB381 2,574
TOTAL Other Receivables (net) 10,643 4,340
Due From Other Governments 205,318 DB440
TOTAL Due From Other Governments 205,318 0
Prepaid Expenses 24,124 DB480 53,840
TOTAL Prepaid Expenses 24,124 53,840
Cash Special Reserves 22,802 DB230 25,515
Cash In Time Deposits Special Reserves 453,500 DB231 454,072
TOTAL Restricted Assets 476,302 479,587
TOTAL Assets 5,505,612 3,712,017
OSC Municipality Code 500342300000Page 26
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(DB) HIGHWAY-PART-TOWN
2020 EdpCode 2021Code Description
Balance Sheet
DB600Accounts Payable 22,472
TOTAL Accounts Payable 22,4720
DB601Accrued Liabilities 34,359180,646
TOTAL Accrued Liabilities 34,359180,646
DB730Guaranty & Bid Deposits 4,03060,265
TOTAL Other Deposits 4,03060,265
240,911 60,861TOTAL Liabilities
Deferred Inflows of Resources
DB694Deferred Taxes 25,586
TOTAL Deferred Inflows of Resources 25,5860
0 25,586TOTAL Deferred Inflows of Resources
Fund Balance
DB806Not in Spendable Form 53,84024,124
TOTAL Nonspendable Fund Balance 53,84024,124
DB867Reserve for Emp Benefits & Acc Liabilities
DB878Capital Reserve
DB899Other Restricted Fund Balance
Additional Description Encumbrance
32,569
TOTAL Restricted Fund Balance 32,5690
DB913Committed Fund Balance 633,185631,255
TOTAL Committed Fund Balance 633,185631,255
DB914Assigned Appropriated Fund Balance 1,978,190
DB915Assigned Unappropriated Fund Balance 2,905,9762,631,132
TOTAL Assigned Fund Balance 2,905,9764,609,322
5,264,701 3,625,570TOTAL Fund Balance
5,505,612 3,712,017TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 27
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(DB) HIGHWAY-PART-TOWN
Code Description 2020 EdpCode 2021
Revenues
DB10011,446,000Real Property Taxes
TOTAL Real Property Taxes 1,446,000 0
DB108113,883Other Payments In Lieu of Taxes
TOTAL Real Property Tax Items 13,883 0
DB1120 818,3421,766,610Sales Tax (from County)
TOTAL Non Property Tax Items 1,766,610 818,342
DB2300 12,2352,034Transportation Services, Other Govts
TOTAL Intergovernmental Charges 2,034 12,235
DB2401 15,33139,162Interest And Earnings
TOTAL Use of Money And Property 39,162 15,331
DB2665 40,90984,900Sales of Equipment
DB2680 23,78944,090Insurance Recoveries
DB2690153,000Other Compensation For Loss
TOTAL Sale of Property And Compensation For Loss 281,990 64,698
DB2701198Refunds of Prior Year's Expenditures
DB2770 4,0721,730Unclassified (specify)
TOTAL Miscellaneous Local Sources 1,928 4,072
DB3501 205,544106,139St Aid, Consolidated Highway Aid
TOTAL State Aid 106,139 205,544
TOTAL Revenues 3,657,746 1,120,222
TOTAL Revenues 3,657,746 1,120,222
Page 28 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(DB) HIGHWAY-PART-TOWN
Code Description 2020 EdpCode 2021
Expenditures
DB17104152,318Administration-Contractual
TOTAL Administration-Contractual 152,318 0
DB19104 28,84424,460Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 24,460 28,844
DB19894 49,249
Other General Govt Support, Contract Exp
TOTAL Other General Govt Support 0 49,249
TOTAL General Government Support 176,778 78,093
DB51101 327,233250,160Maint of Streets, Pers Serv
DB51104 129,825112,665Maint of Streets, Contr Expend
TOTAL Maint of Streets 362,825 457,058
DB51121 92,31916,069Perm Improve Highway, Pers Serv
DB51124 708,641275,948Perm Improve Highway, Contr Expend
TOTAL Perm Improve Highway 292,017 800,960
DB51301 121,716138,362Machinery, Pers Serv
DB51302 63,495199,399Machinery, Equip & Cap Outlay
DB51304 83,64450,627Machinery, Contr Expend
TOTAL Machinery 388,388 268,855
DB51401 207,027237,246Brush And Weeds, Pers Serv
DB51404 19,42119,197Brush And Weeds, Contr Expend
TOTAL Brush And Weeds 256,443 226,448
TOTAL Transportation 1,299,673 1,753,321
DB90108 87,82490,410State Retirement, Empl Bnfts
DB90308 64,79566,852Social Security, Empl Bnfts
DB90408 34,04136,063Worker's Compensation, Empl Bnfts
DB90458 1,1291,455Life Insurance, Empl Bnfts
DB90508372Unemployment Insurance, Empl Bnfts
DB90558 7831,009Disability Insurance, Empl Bnfts
DB90608 171,192183,864Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits 380,025 359,764
TOTAL Expenditures 1,856,476 2,191,178
DB99019 708,692307,229Transfers, Other Funds
TOTAL Operating Transfers 307,229 708,692
TOTAL Other Uses 307,229 708,692
TOTAL Expenditures 2,163,705 2,899,870
Page 29 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(DB) HIGHWAY-PART-TOWN
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 3,770,660 DB8021 5,264,701
Prior Period Adj -Increase In Fund Balance DB8012 140,517
Restated Fund Balance - Beg of Year 3,770,660 DB8022 5,405,218
ADD - REVENUES AND OTHER SOURCES 3,657,746 1,120,222
DEDUCT - EXPENDITURES AND OTHER USES 2,163,705 2,899,870
Fund Balance - End of Year 5,264,701 DB8029 3,625,570
Page 30 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(DB) HIGHWAY-PART-TOWN
Budget Summary
EdpCode 20222021
Estimated Revenues
Est Rev - Real Property Taxes 0 DB1049N 869,500
Est Rev - Real Property Tax Items 13,950 DB1099N 11,701
Est Rev - Non Property Tax Items 750,000 DB1199N 1,632,000
Est Rev - Use of Money And Property 30,000 DB2499N 24,169
Est Rev - Sale of Prop And Comp For Loss 100,000 DB2699N 164,000
Est Rev - State Aid 120,000 DB3099N 179,009
1,013,950 2,880,379TOTAL Estimated Revenues
Appropriated Fund Balance 1,978,190 DB599N
1,978,190 0TOTAL Estimated Other Sources
2,992,140 2,880,379TOTAL Estimated Revenues
OSC Municipality Code 500342300000Page 31
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description
(DB) HIGHWAY-PART-TOWN
Budget Summary
EdpCode 20222021
Appropriations
App - Transportation 2,239,025 DB5999N 2,416,054
App - Employee Benefits 409,380 DB9199N 373,520
2,648,405 2,789,574TOTAL Appropriations
App - Interfund Transfer 343,735 DB9999N 90,805
343,735 90,805TOTAL Other Uses
2,992,140 2,880,379TOTAL Appropriations
OSC Municipality Code 500342300000Page 32
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(ES) ENTERPRISE SEWER
Statement of Net Position
Assets
Cash 1,975,352 ES200 1,317,860
Cash In Time Deposits 1,017,500 ES201 1,018,783
TOTAL Cash 2,992,852 2,336,643
Sewer Rents Receivable 557,610 ES360 538,266
Accounts Receivable ES380 187
Accrued Interest Receivable 4,414 ES381 1,340
TOTAL Other Receivables (net) 562,024 539,793
Due From Other Governments 150,148 ES440 122,403
TOTAL Due From Other Governments 150,148 122,403
Prepaid Expenses 657 ES480 10,317
TOTAL Prepaid Expenses 657 10,317
Cash In Time Deposits Special Reserves ES231
Cash, Customers Deposits ES235 36,514
TOTAL Restricted Assets 0 36,514
Machinery And Equipment 374,357 ES104 292,425
Construction Work In Progress 103,329 ES105
Infrastructure 2,586,265 ES106 3,336,256
TOTAL Fixed Assets (net) 3,063,951 3,628,681
Deferred Outflow of Resources 70,459 ES495 61,923
Deferred Outflows of Resources - Pensions 89,173 ES496 112,643
TOTAL Deferred Outflows of Resources 159,632 174,566
TOTAL Assets 6,929,264 6,848,917
OSC Municipality Code 500342300000Page 33
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(ES) ENTERPRISE SEWER
2020 EdpCode 2021Code Description
Statement of Net Position
ES600Accounts Payable 21,961
TOTAL Accounts Payable 21,9610
ES601Accrued Liabilities 5,39715,030
TOTAL Accrued Liabilities 5,39715,030
ES615Customers' Deposits 36,513
TOTAL Other Deposits 36,5130
ES638Net Pension Liability -Proportionate Share 483119,983
ES683Total OPEB Liability 301,608404,526
ES687Compensated Absences 9,7438,580
TOTAL Other Liabilities 311,834533,089
548,119 375,705TOTAL Liabilities
Deferred Inflows of Resources
ES691Deferred Inflow of Resources 12,18623,593
ES694Deferred Taxes 17,25013,974
ES697Deferred Inflows of Resources - Pensions 141,7712,220
TOTAL Deferred Inflows of Resources 171,20739,787
39,787 171,207TOTAL Deferred Inflows of Resources
Fund Balance
ES920Net Assets-Invsted In Cap Asts, Net Rltd D 3,628,6813,063,951
ES923Net Assets-Restricted For Other Purposes
ES924Net Assets-Unrestricted (deficit) 2,673,3243,277,407
TOTAL Net Position 6,302,0056,341,358
6,341,358 6,302,005TOTAL Fund Balance
6,929,264 6,848,917TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 34
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(ES) ENTERPRISE SEWER
Code Description 2020 EdpCode 2021
Revenues
ES2120 2,876,9652,682,525Sewer Rents
ES2128 23,2263,329Int & Penalties On Sewer Accts
TOTAL Charges For Services Within Locality 2,685,854 2,900,191
ES2655 22,413
Sales, Other
ES2680 2,497225Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 225 24,910
ES2401 9,10926,497Interest And Earnings
TOTAL Use of Money And Property 26,497 9,109
ES27018,000Refunds of Prior Year's Expenditures
ES2705 270,000
Gifts And Donations
TOTAL Other 8,000 270,000
TOTAL Revenues 2,720,576 3,204,210
ES1028 14,7359,761Special Assessments Ad Valorem
ES1030 531,055478,330Special Assessments
TOTAL Real Property Taxes 488,091 545,790
TOTAL Taxes 488,091 545,790
TOTAL Revenues 3,208,667 3,750,000
Page 35 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(ES) ENTERPRISE SEWER
Code Description 2020 EdpCode 2021
Expenses
ES1710119,026Adminstration-Personal Services
TOTAL Adminstration-Personal Services 19,026 0
ES81201 147,808156,231Sanitary Sewers, Pers Serv
TOTAL Sanitary Sewers 156,231 147,808
TOTAL Personal Services 175,257 147,808
ES17104247,034Administration-Contractual
TOTAL Administration-Contractual 247,034 0
ES19894 269,633
Other General Govt Support, Contract Exp
TOTAL Other General Govt Support 0 269,633
ES19944 195,808183,004Depreciation
TOTAL Depreciation 183,004 195,808
ES81204 343,775385,949Sanitary Sewers, Contr Expend
TOTAL Sanitary Sewers 385,949 343,775
ES81304 2,859,7231,643,904Sewage Treatment And Disposal-Contr Expend
TOTAL Sewage Treatment And Disposal-Contr Expend 1,643,904 2,859,723
TOTAL Contractual Expenses 2,459,891 3,668,939
ES1710812,700Administration-Empl Ben
TOTAL Administration-Empl Ben 12,700 0
ES81208 -24,176102,755Sanitary Sewers, Empl Bnfts
TOTAL Sanitary Sewers 102,755 -24,176
TOTAL Employee Benefits 115,455 -24,176
TOTAL Expenses 2,750,603 3,792,571
ES99019 4,8824,750Transfers, Other Funds
TOTAL Transfers 4,750 4,882
TOTAL Other Uses 4,750 4,882
TOTAL Expenses 2,755,353 3,797,453
Page 36 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(ES) ENTERPRISE SEWER
Code Description 2020 EdpCode 2021
Analysis of Changes in Net Position
Analysis of Changes in Net Position
Net Position - Beginning of Year 5,888,044 ES8021 6,341,358
Prior Period Adj -Increase In Net Position ES8012 8,100
Restated Net Position - Beg of Year 5,888,044 ES8022 6,349,458
ADD - REVENUES AND OTHER SOURCES 3,208,667 3,750,000
DEDUCT - EXPENDITURES AND OTHER USES 2,755,353 3,797,453
Net Position - End of Year 6,341,358 ES8029 6,302,005
Page 37 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
Cash Flow
Page 38
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(EW) ENTERPRISE WATER
Statement of Net Position
Assets
Cash 3,073,898 EW200 1,766,247
Cash In Time Deposits 21,000 EW201 822,035
TOTAL Cash 3,094,898 2,588,282
Water Rents Receivable 704,306 EW350 598,209
Accounts Receivable EW380 233
Accrued Interest Receivable 91 EW381 1,082
TOTAL Other Receivables (net) 704,397 599,524
Due From Other Funds 6,501 EW391 6,501
TOTAL Due From Other Funds 6,501 6,501
Due From Other Governments 1,495,485 EW440
TOTAL Due From Other Governments 1,495,485 0
Prepaid Expenses 656 EW480 14,571
TOTAL Prepaid Expenses 656 14,571
Cash Special Reserves EW230
Cash In Time Deposits Special Reserves EW231
TOTAL Restricted Assets 0 0
Machinery And Equipment 379,471 EW104 314,806
Construction Work In Progress 998,854 EW105 465,729
Infrastructure 15,192,478 EW106 16,375,804
TOTAL Fixed Assets (net) 16,570,803 17,156,339
Deferred Outflow of Resources 107,731 EW495 89,134
Deferred Outflows of Resources - Pensions 131,883 EW496 162,192
TOTAL Deferred Outflows of Resources 239,614 251,326
TOTAL Assets 22,112,354 20,616,543
OSC Municipality Code 500342300000Page 39
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(EW) ENTERPRISE WATER
2020 EdpCode 2021Code Description
Statement of Net Position
EW600Accounts Payable 124,193
TOTAL Accounts Payable 124,1930
EW601Accrued Liabilities 269,055271,770
TOTAL Accrued Liabilities 269,055271,770
EW638Net Pension Liability -Proportionate Share 695170,746
EW683Total OPEB Liability 434,280588,572
EW687Compensated Absences 12,05013,202
TOTAL Other Liabilities 447,025772,520
EW628Bonds Payable 9,623,78012,664,505
EW629Bond Interest And Matured Bonds Payable 579,097632,515
TOTAL Bond And Long Term Liabilities 10,202,87713,297,020
14,341,310 11,043,150TOTAL Liabilities
Deferred Inflows of Resources
EW691Deferred Inflow of Resources 17,54736,074
EW694Deferred Taxes 43,11236,418
EW697Deferred Inflows of Resources - Pensions 204,1349,948
TOTAL Deferred Inflows of Resources 264,79382,440
82,440 264,793TOTAL Deferred Inflows of Resources
Fund Balance
EW920Net Assets-Invsted In Cap Asts, Net Rltd D 7,532,5595,377,048
EW923Net Assets-Restricted For Other Purposes
EW924Net Assets-Unrestricted (deficit) 1,776,0412,311,556
TOTAL Net Position 9,308,6007,688,604
7,688,604 9,308,600TOTAL Fund Balance
22,112,354 20,616,543TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 40
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(EW) ENTERPRISE WATER
Code Description 2020 EdpCode 2021
Revenues
EW2140 3,379,4003,182,365Metered Water Sales
EW2144 17,76418,244Water Service Charges
EW2148 39,31838,550Interest & Penalties On Water Rents
TOTAL Charges For Services Within Locality 3,239,159 3,436,482
EW2655 10,580491Sales, Other
EW2680 2,692338Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 829 13,272
EW2401 7,40016,216Interest And Earnings
TOTAL Use of Money And Property 16,216 7,400
EW2705 684,500
Gifts And Donations
EW2770 15
Unclassified (specify)
TOTAL Other 0 684,515
TOTAL Revenues 3,256,204 4,141,669
EW5031167,103Interfund Transfers
TOTAL Interfund Transfers 167,103 0
167,103 0
EW1028 13,3428,559Special Assessments Ad Valorem
EW1030 1,409,7421,329,298Special Assessments
TOTAL Real Property Taxes 1,337,857 1,423,084
TOTAL Taxes 1,337,857 1,423,084
TOTAL Revenues 4,761,164 5,564,753
Page 41 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(EW) ENTERPRISE WATER
Code Description 2020 EdpCode 2021
Expenses
EW83101 44,73532,396Water Administration-Pers Serv
TOTAL Water Administration-Pers Serv 32,396 44,735
EW83401 169,007235,527Transportation And Distribution-Pers Serv
TOTAL Transportation And Distribution-Pers Serv 235,527 169,007
TOTAL Personal Services 267,923 213,742
EW17104 252,460324,485Administration-Contractual
TOTAL Administration-Contractual 324,485 252,460
EW1910428,233Unallocated Insurance-Contractual
TOTAL Unallocated Insurance-Contractual 28,233 0
EW19894 32,606
Other General Govt Support, Contract Exp
TOTAL Other General Govt Support 0 32,606
EW19944 593,531535,481Depreciation
TOTAL Depreciation 535,481 593,531
EW83104 35,04034,693Water Administration-Contr Expend
TOTAL Water Administration-Contr Expend 34,693 35,040
EW83204 2,368,5262,215,777Source Supply Pwr & Pump Contr Expend
TOTAL Source Supply Pwr & Pump Contr Expend 2,215,777 2,368,526
EW83404 195,536199,294Transportation And Distribution-Contr Expe
TOTAL Transportation And Distribution-Contr Expe 199,294 195,536
TOTAL Contractual Expenses 3,337,963 3,477,699
EW83108 -6,41021,965Water Administration-Empl Bnfts
TOTAL Water Administration-Empl Bnfts 21,965 -6,410
EW83408 -24,113161,077Transportation And Distribution-Empl Bnfts
TOTAL Transportation And Distribution-Empl Bnfts 161,077 -24,113
TOTAL Employee Benefits 183,042 -30,523
EW97107 287,057286,353Debt Interest, Serial Bonds
TOTAL Interest Expense 286,353 287,057
TOTAL Expenses 4,075,281 3,947,975
EW99019 4,8824,750Transfers, Other Funds
TOTAL Transfers 4,750 4,882
TOTAL Other Uses 4,750 4,882
TOTAL Expenses 4,080,031 3,952,857
Page 42 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(EW) ENTERPRISE WATER
Code Description 2020 EdpCode 2021
Analysis of Changes in Net Position
Analysis of Changes in Net Position
Net Position - Beginning of Year 7,007,471 EW8021 7,688,604
Prior Period Adj -Increase In Net Position EW8012 8,100
Restated Net Position - Beg of Year 7,007,471 EW8022 7,696,704
ADD - REVENUES AND OTHER SOURCES 4,761,164 5,564,753
DEDUCT - EXPENDITURES AND OTHER USES 4,080,031 3,952,857
Net Position - End of Year 7,688,604 EW8029 9,308,600
Page 43 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
Cash Flow
Page 44
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(H) CAPITAL PROJECTS
Balance Sheet
Assets
Cash 185,165 H200 8,619
TOTAL Cash 185,165 8,619
Accounts Receivable 165,000 H380 9,355
TOTAL Other Receivables (net) 165,000 9,355
Due From State And Federal Government 175,404 H410 253,184
TOTAL State And Federal Aid Receivables 175,404 253,184
TOTAL Assets 525,569 271,158
OSC Municipality Code 500342300000Page 45
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(H) CAPITAL PROJECTS
2020 EdpCode 2021Code Description
Balance Sheet
H600Accounts Payable 198,627
TOTAL Accounts Payable 198,6270
H601Accrued Liabilities 94,799
TOTAL Accrued Liabilities 094,799
94,799 198,627TOTAL Liabilities
Fund Balance
H913Committed Fund Balance 72,531430,770
TOTAL Committed Fund Balance 72,531430,770
H914Assigned Appropriated Fund Balance
TOTAL Assigned Fund Balance 00
430,770 72,531TOTAL Fund Balance
525,569 271,158TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 46
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(H) CAPITAL PROJECTS
Code Description 2020 EdpCode 2021
Revenues
H2401 2555,673Interest And Earnings
TOTAL Use of Money And Property 5,673 255
H2705165,000Gifts And Donations
H2710164,707Premium & Accrued Interest On Obligations
TOTAL Miscellaneous Local Sources 329,707 0
H4589 256,6941,057,158Fed Aid Other Transportation
TOTAL Federal Aid 1,057,158 256,694
TOTAL Revenues 1,392,538 256,949
H5031 446,493432,788Interfund Transfers
TOTAL Interfund Transfers 432,788 446,493
H57101,260,370Serial Bonds
TOTAL Proceeds of Obligations 1,260,370 0
TOTAL Other Sources 1,693,158 446,493
TOTAL Revenues 3,085,696 703,442
Page 47 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(H) CAPITAL PROJECTS
Code Description 2020 EdpCode 2021
Expenditures
H11302Traffic Viol Bureau, Equip & Cap Outlay
TOTAL Traffic Viol Bureau 0 0
TOTAL General Government Support 0 0
H51322 13,5801,559,807Garage, Equip & Cap Outlay
TOTAL Garage 1,559,807 13,580
H541021,416,427Sidewalks, Equip & Cap Outlay
TOTAL Sidewalks 1,416,427 0
TOTAL Transportation 2,976,234 13,580
H71102 673,46615,748Parks, Equip & Cap Outlay
TOTAL Parks 15,748 673,466
TOTAL Culture And Recreation 15,748 673,466
TOTAL Expenditures 2,991,982 687,046
H99019 374,635537,659Transfers, Other Funds
TOTAL Operating Transfers 537,659 374,635
TOTAL Other Uses 537,659 374,635
TOTAL Expenditures 3,529,641 1,061,681
Page 48 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(H) CAPITAL PROJECTS
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 874,715 H8021 430,770
Restated Fund Balance - Beg of Year 874,715 H8022 430,770
ADD - REVENUES AND OTHER SOURCES 3,085,696 703,442
DEDUCT - EXPENDITURES AND OTHER USES 3,529,641 1,061,681
Fund Balance - End of Year 430,770 H8029 72,531
Page 49 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(K) GENERAL FIXED ASSETS
Balance Sheet
Assets
Land 919,833 K101 997,833
Buildings 4,372,152 K102 4,165,405
Improvements Other Than Buildings 511,992 K103 546,242
Machinery And Equipment 2,064,247 K104 1,915,697
Construction Work In Progress 162,234 K105 855,095
Infrastructure 6,968,846 K106 6,853,532
TOTAL Fixed Assets (net) 14,999,304 15,333,804
TOTAL Assets 14,999,304 15,333,804
OSC Municipality Code 500342300000Page 50
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(K) GENERAL FIXED ASSETS
2020 EdpCode 2021Code Description
Balance Sheet
Liabilities
K159Total Non-Current Govt Assets 15,333,80414,999,304
TOTAL Investments in Non-Current Government Assets 15,333,80414,999,304
14,999,304 15,333,804TOTAL Fund Balance
14,999,304 15,333,804TOTAL
OSC Municipality Code 500342300000Page 51
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(SF) FIRE PROTECTION
Balance Sheet
Assets
Cash 621,325 SF200 1,441,991
Cash In Time Deposits 1,000,000 SF201 600,757
TOTAL Cash 1,621,325 2,042,748
Accounts Receivable 4,337 SF380 791
TOTAL Other Receivables (net) 4,337 791
TOTAL Assets 1,625,662 2,043,539
OSC Municipality Code 500342300000Page 52
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(SF) FIRE PROTECTION
2020 EdpCode 2021Code Description
Balance Sheet
SF600Accounts Payable 254,929
TOTAL Accounts Payable 254,9290
SF601Accrued Liabilities 189,329
TOTAL Accrued Liabilities 0189,329
189,329 254,929TOTAL Liabilities
Deferred Inflows of Resources
SF694Deferred Taxes 103,896138,001
TOTAL Deferred Inflows of Resources 103,896138,001
138,001 103,896TOTAL Deferred Inflows of Resources
Fund Balance
SF915Assigned Unappropriated Fund Balance 1,684,7141,298,332
TOTAL Assigned Fund Balance 1,684,7141,298,332
1,298,332 1,684,714TOTAL Fund Balance
1,625,662 2,043,539TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 53
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(SF) FIRE PROTECTION
Code Description 2020 EdpCode 2021
Revenues
SF1001 3,870,5003,212,131Real Property Taxes
TOTAL Real Property Taxes 3,212,131 3,870,500
SF2401 8,56329,998Interest And Earnings
TOTAL Use of Money And Property 29,998 8,563
SF3089 30,18232,810St Aid, Other Aid (specify)
TOTAL State Aid 32,810 30,182
TOTAL Revenues 3,274,939 3,909,245
TOTAL Revenues 3,274,939 3,909,245
Page 54 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(SF) FIRE PROTECTION
Code Description 2020 EdpCode 2021
Expenditures
SF34104 3,522,8633,784,491Fire Protection, Contr Expend
TOTAL Fire Protection 3,784,491 3,522,863
TOTAL Public Safety 3,784,491 3,522,863
TOTAL Expenditures 3,784,491 3,522,863
TOTAL Expenditures 3,784,491 3,522,863
Page 55 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(SF) FIRE PROTECTION
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 1,807,884 SF8021 1,298,332
Restated Fund Balance - Beg of Year 1,807,884 SF8022 1,298,332
ADD - REVENUES AND OTHER SOURCES 3,274,939 3,909,245
DEDUCT - EXPENDITURES AND OTHER USES 3,784,491 3,522,863
Fund Balance - End of Year 1,298,332 SF8029 1,684,714
Page 56 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(SL) LIGHTING
Balance Sheet
Assets
Cash 37,872 SL200 45,731
TOTAL Cash 37,872 45,731
TOTAL Assets 37,872 45,731
OSC Municipality Code 500342300000Page 57
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(SL) LIGHTING
2020 EdpCode 2021Code Description
Balance Sheet
SL600Accounts Payable 27,153
TOTAL Accounts Payable 27,1530
SL601Accrued Liabilities 1,338
TOTAL Accrued Liabilities 01,338
1,338 27,153TOTAL Liabilities
Deferred Inflows of Resources
SL694Deferred Taxes 8032,030
TOTAL Deferred Inflows of Resources 8032,030
2,030 803TOTAL Deferred Inflows of Resources
Fund Balance
SL915Assigned Unappropriated Fund Balance 17,77534,504
TOTAL Assigned Fund Balance 17,77534,504
34,504 17,775TOTAL Fund Balance
37,872 45,731TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 58
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(SL) LIGHTING
Code Description 2020 EdpCode 2021
Revenues
SL1001 27,30032,750Real Property Taxes
TOTAL Real Property Taxes 32,750 27,300
SL2401 68194Interest And Earnings
TOTAL Use of Money And Property 194 68
TOTAL Revenues 32,944 27,368
TOTAL Revenues 32,944 27,368
Page 59 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(SL) LIGHTING
Code Description 2020 EdpCode 2021
Expenditures
SL51824 44,09714,059Street Lighting, Contr Expend
TOTAL Street Lighting 14,059 44,097
TOTAL Transportation 14,059 44,097
TOTAL Expenditures 14,059 44,097
TOTAL Expenditures 14,059 44,097
Page 60 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(SL) LIGHTING
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 15,619 SL8021 34,504
Restated Fund Balance - Beg of Year 15,619 SL8022 34,504
ADD - REVENUES AND OTHER SOURCES 32,944 27,368
DEDUCT - EXPENDITURES AND OTHER USES 14,059 44,097
Fund Balance - End of Year 34,504 SL8029 17,775
Page 61 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(TC) CUSTODIAL
Balance Sheet
Assets
Cash 133,922 TC200 138,192
Cash In Time Deposits 76,000 TC201 76,096
TOTAL Cash 209,922 214,288
Accrued Interest Receivable TC381 100
TOTAL Other Receivables (net) 0 100
TOTAL Assets 209,922 214,388
OSC Municipality Code 500342300000Page 62
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(TC) CUSTODIAL
2020 EdpCode 2021Code Description
Balance Sheet
TC735Bail Deposits 3,4053,401
TOTAL Other Deposits 3,4053,401
TC688Other Liabilities (Specify) 40,55138,197
TOTAL Other Liabilities 40,55138,197
41,598 43,956TOTAL Liabilities
Fund Balance
TC923Net Assets-Restricted For Other Purposes 170,432168,324
TOTAL Net Position 170,432168,324
168,324 170,432TOTAL Fund Balance
209,922 214,388TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 63
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(TC) CUSTODIAL
Code Description 2020 EdpCode 2021
Revenues
TC2401 541753Interest And Earnings
TOTAL Use of Money And Property 753 541
TC2705 22,75136,450Gifts And Donations
TC2770 18,66522,096Unclassified (specify)
TOTAL Miscellaneous Local Sources 58,546 41,416
TOTAL Revenues 59,299 41,957
TOTAL Revenues 59,299 41,957
Page 64 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(TC) CUSTODIAL
Code Description 2020 EdpCode 2021
Expenditures
TC19354 20,31222,674Other Custodial Activities Contractual
TOTAL Other Custodial Activities Contractual 22,674 20,312
TOTAL General Government Support 22,674 20,312
TC90898 19,53823,095Other Employee Benefits (spec)
TOTAL Employee Benefits 23,095 19,538
TOTAL Expenditures 45,769 39,850
TOTAL Expenditures 45,769 39,850
Page 65 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(TC) CUSTODIAL
Code Description 2020 EdpCode 2021
Analysis of Changes in Net Position
Analysis of Changes in Net Position
Fund Balance - Beginning of Year TC8021 168,324
Prior Period Adjustments,inc Fund Eqty 154,794 TC8012
Restated Fund Balance - Beg of Year 154,794 TC8022 168,324
ADD - REVENUES AND OTHER SOURCES 59,299 41,957
DEDUCT - EXPENDITURES AND OTHER USES 45,769 39,850
Fund Balance - End of Year 168,324 TC8029 170,431
Page 66 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(V) DEBT SERVICE
Balance Sheet
Assets
Cash 91,589 V200 54,062
Cash In Time Deposits V201
TOTAL Cash 91,589 54,062
Accrued Interest Receivable 1,519 V381 461
TOTAL Other Receivables (net) 1,519 461
Cash Special Reserves 20,755 V230
Cash In Time Deposits Special Reserves 350,000 V231 350,442
TOTAL Restricted Assets 370,755 350,442
TOTAL Assets 463,863 404,965
OSC Municipality Code 500342300000Page 67
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(V) DEBT SERVICE
2020 EdpCode 2021Code Description
Balance Sheet
V600Accounts Payable 35034
TOTAL Accounts Payable 35034
V630Due To Other Funds 6,5016,501
TOTAL Due To Other Funds 6,5016,501
6,535 6,851TOTAL Liabilities
Fund Balance
V884Reserve For Debt 370,555370,555
TOTAL Restricted Fund Balance 370,555370,555
V914Assigned Appropriated Fund Balance 65,076
V915Assigned Unappropriated Fund Balance 27,55921,697
TOTAL Assigned Fund Balance 27,55986,773
457,328 398,114TOTAL Fund Balance
463,863 404,965TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 68
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(V) DEBT SERVICE
Code Description 2020 EdpCode 2021
Revenues
V2401 2,2292,812Interest And Earnings
TOTAL Use of Money And Property 2,812 2,229
TOTAL Revenues 2,812 2,229
V5031 1,128,853796,680Interfund Transfers
TOTAL Interfund Transfers 796,680 1,128,853
TOTAL Other Sources 796,680 1,128,853
TOTAL Revenues 799,492 1,131,082
Page 69 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Results of Operation
(V) DEBT SERVICE
Code Description 2020 EdpCode 2021
Expenditures
V13804 3421,903Fiscal Agents Fees, Contr Expend
TOTAL Fiscal Agents Fees 1,903 342
V19894 709
Other General Govt Support, Contract Exp
TOTAL Other General Govt Support 0 709
TOTAL General Government Support 1,903 1,051
V97106 1,090,025368,000Debt Principal, Serial Bonds
TOTAL Debt Principal 368,000 1,090,025
V97107 99,22065,625Debt Interest, Serial Bonds
TOTAL Debt Interest 65,625 99,220
TOTAL Expenditures 435,528 1,190,296
TOTAL Expenditures 435,528 1,190,296
Page 70 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(V) DEBT SERVICE
Code Description 2020 EdpCode 2021
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 93,365 V8021 457,329
Restated Fund Balance - Beg of Year 93,365 V8022 457,329
ADD - REVENUES AND OTHER SOURCES 799,492 1,131,082
DEDUCT - EXPENDITURES AND OTHER USES 435,528 1,190,296
Fund Balance - End of Year 457,329 V8029 398,115
Page 71 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Code Description 2020 EdpCode 2021
(W) GENERAL LONG-TERM DEBT
Balance Sheet
Assets
Total Non-Current Govt Liabilities 15,280,159 W129 12,810,980
TOTAL Provision To Be Made In Future Budgets 15,280,159 12,810,980
TOTAL Assets 15,280,159 12,810,980
OSC Municipality Code 500342300000Page 72
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
(W) GENERAL LONG-TERM DEBT
2020 EdpCode 2021Code Description
Balance Sheet
W638Net Pension Liability -Proportionate Share 12,4083,263,621
W683Total OPEB Liability 10,374,4588,533,644
W687Compensated Absences 212,883181,649
TOTAL Other Liabilities 10,599,74911,978,914
W628Bonds Payable 2,211,2203,301,245
TOTAL Bond And Long Term Liabilities 2,211,2203,301,245
15,280,159 12,810,969TOTAL Liabilities
15,280,159 12,810,969TOTAL Liabilities
OSC Municipality Code 500342300000Page 73
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2021
Office of the State Comptroller 5/27/2022TOWN OF Ithaca
Statement of Indebtedness
For the Fiscal Year Ending 2021
County of: Tompkins
Municipal Code: 500342300000
First
Year
Debt
Code Description
Cops
Flag
Comp
Flag
Date of
Issue
Date of
Maturity
Int.
Rate Var?
Amt. Orig.
Issued
O/S Beg.
of Year
Paid
Dur. Year
Redeemed
Bond Proc.
Prior Yr.
Adjust.
Accreted
Interest
O/S End
of Year
E 08/01/2028 2.00% Y $0 $0
$3,450,000 $1,555,000 $1,555,00008/01/2013Public Improvement
Bond - 2013BOND2013 $0
E 05/15/2024 2.00% Y $0 $0
$910,000 $380,000 $100,00012/30/20142004-B Refunding
Bond, 2014-ABOND2014 $280,000
E 10/15/2030 2.00% Y $0 $0
$2,950,000 $2,075,000 $185,00011/13/2015Public Improvement
BondBOND2015 $1,890,000
E 12/01/2033 2.99% $0 $0
$4,150,000 $3,700,000 $235,00012/06/2018YWater Main
ImprovementsBOND2018 $3,465,000
E 08/15/2035 5.00% Y $0 $0
$3,340,000 $3,340,000 $170,00009/03/2020Various capital
projectsBOND2020 $3,170,000
E 12/15/2029 2.00% Y $0 $0
$3,000,000 $1,895,000 $200,00012/30/2014Public Improvement
Bond 2014-BBOND2014 $1,695,000
E 08/15/2031 5.00% Y $0 $0
$1,550,000 $1,550,000 $215,00009/03/2020Refunding of 2009 and
2011BOND2020 $1,335,000
AFR Year Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $14,495,000 $2,660,000 $0 $0$0 $11,835,000$0
AFR Year Total for All Debt Types - Sums Issued Amts only made in AFR Year $0$0$2,660,000$14,495,000$0 $11,835,000$0
Page 74
TOWN OF Ithaca
Schedule of Time Deposits and Investments
For the Fiscal Year Ending 2021
EDP Code Amount
CASH:
On Hand 9Z2001 $700.00
Demand Deposits 9Z2011 $15,621,736.00
Time Deposits 9Z2021 $8,063,753.00
Total $23,686,189.00
COLLATERAL:
- FDIC Insurance 9Z2014 $553,600.00
9Z2014A $27,953,141.00
INVESTMENTS:
- Securities (450)
Book Value (cost) 9Z4501
Market Value at Balance Sheet Date 9Z4502
9Z4504A
- Repurchase Agreements (451)
Book Value (cost) 9Z4511
Market Value at Balance Sheet Date 9Z4512
9Z4514A
$28,506,741.00
Collateralized with securities held in
possession of municipality or its agent
Collateralized with securities held in
possession of municipality or its agent
Collateralized with securities held in
possession of municipality or its agent
Total
Page 75 OSC Municipality Code 500342300000
Bank
Account
Number
Bank
Balance
Add:
Deposit
In Transit
Less:
Outstanding
Checks
Adjusted
Bank
Balance
*****-4708 $312,715 $0 $0 $312,715
*****-8038 $2,247,885 $0 $2,247,885 $0
*****-2604 $27 $0 $0 $27
*****-2604 $424 $913 $0 $1,336
*****-3988 $1 $0 $0 $1
*****-3996 $1 $0 $0 $1
*****-1129 $1 $0 $0 $1
*****-2244 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $83 $12,570 $0 $12,653
*****-2604 $539 $0 $0 $539
*****-2604 $1 $0 $0 $1
*****-2604 $2,670 $220 $0 $2,891
*****-2604 $1,475 $0 $0 $1,475
*****-2604 $2 $0 $0 $2
*****-2604 $2 $0 $0 $2
*****-2604 $1,038 $0 $0 $1,038
*****-2604 $1 $0 $0 $1
*****-2604 $12,859 $0 $0 $12,859
*****-4503 $8,010,088 $0 $0 $8,010,088
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $10,237 $0 $1,292 $8,946
*****-2604 $2,824 $0 $0 $2,824
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1,001 $0 $0 $1,001
*****-2604 $55 $0 $0 $55
OSC Municipality Code 500342300000Page 76
TOWN OF Ithaca
Bank Reconciliation
For the Fiscal Year Ending 2021
Include All Checking, Savings and C.D. Accounts
Bank
Account
Number
Bank
Balance
Add:
Deposit
In Transit
Less:
Outstanding
Checks
Adjusted
Bank
Balance
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-3.60 $12,991,371 $0 $0 $12,991,371
*****-8438 $36,514 $0 $0 $36,514
*****-5130 $53,665 $0 $0 $53,665
Total Adjusted Bank Balance
Petty Cash
Adjustments
Total Cash 9ZCASH *
Total Cash Balance All Funds 9ZCASHB *
* Must be equal
$21,450,015
$700.00
$163.62
$21,450,879
$21,450,880
OSC Municipality Code 500342300000Page 77
TOWN OF Ithaca
Bank Reconciliation
For the Fiscal Year Ending 2021
Include All Checking, Savings and C.D. Accounts
TOWN OF Ithaca
Local Government Questionnaire
For the Fiscal Year Ending 2021
Response
Yes
Yes
No
Does your municipality have a written procurement policy?
Have the financial statements for your municipality been independently audited?
If not, are you planning on having an audit conducted?
Does your local government participate in an insurance pool with other local
governments?
If yes, has your municipality used the results to design the system of internal
controls?
Yes
1)
2)
3)
4)
5)
6)
7)
9)
8)
Has your municipality prepared and documented a risk assessment plan?Yes
Does your municipality have a Capital Plan?Yes
Does your municipality have a Length of Service Award Program (LOSAP)
for volunteer firefighters?
No
Does your local government participate in an investment pool with other local
governments?
No
Have you had a change in chief executive or chief fiscal officer during the last
year?
Has your Local Government adopted an investment policy as required by
General Municipal Law, Section 39?
No
Yes
Page 78
TOWN OF Ithaca
Employee and Retiree Benefits
For the Fiscal Year Ending 2021
# of Retirees# of Full
Time
Employees
# of Part
Time
Employees
Total
Expenditures
(All Funds)
Account
Code
Description
357$539,644.0090108State Retirement System
90158 Police and Fire Retirement
90258 Local Pension Fund
57 27$307,945.0090308Social Security
57 27$100,095.0090408Worker's Compensation
Insurance
56$7,621.0090458Life Insurance
90508 Unemployment Insurance
56$4,952.0090558Disability Insurance
18512$1,089,537.0090608Hospital and Medical
(Dental) Insurance
90708 Union Welfare Benefits
90858 Supplemental Benefit Payment to
Disabled Fire Fighters
91890 Other Employee Benefits $-207,453.00
27
57Total Full Time Employees:
Total Part Time Employees:
Total
Computed Total From Financial
Section (comparative purposes only)
$1,842,341.00
$1,842,341.00
Page 79 OSC Municipality 500342300000
TOWN OF Ithaca
Energy Costs and Consumption
For the Fiscal Year Ending 2021
Units Of
Measure
Total VolumeTotal
Expenditures
Energy Type Alternative
Units Of
Measure
gallons22,882$55,146Gasoline
gallons22,899$55,905Diesel Fuel
gallons1,249$2,865Fuel Oil
cubic feet18,433$14,281Natural Gas
kilowatt-hours1,292,762$165,103Electricity
tonsCoal
gallonsPropane
Page 80 OSC Municipality 500342300000
CERTIFICATION OF CHIEF FISCAL OFFICER
and filed by means of electronic data transmission.
Donna Shaw Rod Howe
Name of Report Preparer if different
than Chief Fiscal Officer
Name
(607) 273-1721 Town Supervisor
Telephone Number Title
215 N. Tioga Street
Official Address
04/21/2022 (607) 273-1721
Date of Certification Official Telephone Number
, hereby certify that I am the Chief Fiscal Officer ofRod Howe
By entering the personal identification number assigned by the Office of the State Comptroller to me as
Town of Ithaca , and that the information provided in the annual
I,
the
the Chief Fiscal Officer of the
annual financial report, I am evidencing my express intent to authenticate my certification of the
my signature for use in conjunction with the filing of the 'sTown of Ithaca
Town of Ithaca , and adopted by me as
and correct to the best of my knowledge and belief., is TRUE
financial report of the Town of Ithaca , for the fiscal year ended 12/31/2021
Town of Ithaca's annual financial report for the fiscal year ended 12/31/2021
Page 81 OSC Municipality Code 500342300000
TOWN OF Ithaca
Financial Comments
For the Fiscal Year Ending 2021
(A) GENERAL
Adjustment Reason
Retiree Health liability removed from balance sheetAccount Code A8012
(B) GENERAL TOWN-OUTSIDE VG
Adjustment Reason
removed liability for retiree health paymentsAccount Code B8012
(DA) HIGHWAY-TOWN-WIDE
Account Code Comment
To move from 17104 to new account codeAccount Code DA17104
To move from 17104 to new account codeAccount Code DA19894
(DB) HIGHWAY-PART-TOWN
Account Code Comment
To move from 17104 to new account codeAccount Code DB17104
To move from 17104 to new account codeAccount Code DB19894
Adjustment Reason
Retiree Health liability removed from balance sheetAccount Code DB8012
(SL) LIGHTING
Adjustment Reason
prior period audit adjAccount Code SL8012
(V) DEBT SERVICE
Adjustment Reason
to adjust to prior year auditAccount Code V8015
(ES) ENTERPRISE SEWER
Account Code Comment
To move from 1710X to new account codeAccount Code ES19894
To move from 1710X to new account codeAccount Code ES17108
To move from 1710X to new account codeAccount Code ES17104
To move from 17104 to new account codeAccount Code ES17101
Adjustment Reason
2020 audit adj - revenueAccount Code ES8012
(EW) ENTERPRISE WATER
Account Code Comment
To move from 17104 to new account codeAccount Code EW19894
To move from 17104 to new account codeAccount Code EW19104
Adjustment Reason
2020 audit adjustment - revenueAccount Code EW8012
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