HomeMy WebLinkAbout1994 Annual Report Submitted to the NYS ComptrollerALL NUMBERS IN THIS REPORT
MUST BE ROUNDED TO THE
NEAREST DOLLAR
ANNUAL FINANCIAL REPORT
UPDATE DOCUMENT
FOR THE
TOWN OF ITHACA
COUNTY OF TOMPKINS
FOR THE FISCAL YEAR ENDED 1994
*AUTHORIZATION*
ARTICLE 3, SECTION 30 OF THE GENERAL MUNICIPAL 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 WITHIN SIXTY DAYS AFTER THE CLOSE OF THE
FISCAL YEAR OF SUCH MUNICIPAL CORPORATION *** IT SHALL BE THE DUTY OF THE
INCUMBENT OFFICER AT THE TIME SUCH REPORTS ARE REQUIRED TO BE FILED WITH
THE COMPTROLLER TO FILE SUr-'H REPORT ***
STATE OF NEW YORK
OFFICE OF THE STATE COMPTROLLER
DIVISION OF MUNICIPAL AFFAIRS
ALBANY, NEW YORK 12236
1
*CERTIFICATION OF FISCAL OFFICER*
I., John G. Whitcomb , CERTIFY THAT I AM THE CHIEF FISCAL OFFICER
AND THAT THE INFORMATION INCLUDED HEREIN IS TRUE AND CORRECT TO THE BEST OF
MY KNOWLEDGE AND BELIEF.
SIGNATURE
Supervisor
TITLE
Town of Tthaca
OFFICIAL ADDRESS
126 E. Seneca Street
Tthaca, New York 14850
OFFICIAL ADDRESS
(607 ) 273-1721
OFFICE TELEPHONE NUMBER
*INQUIRY*
IF YOU HAVE ANY QUESTIONS RELATING TO THIS DOCUMENT PLEASE CALL:
FILING REQUIREMENTS (518) 474-4014
ACCOUNTING REQUIREMENTS (518) 474-6023
*PLEASE MAIL COMPLETED DOCUMENT TO:
STATE OF NEW YORK
OFFICE OF THE STATE COMPTROLLER
DIVISION OF MUNICIPAL AFFAIRS
BUREAU OF MUNICIPAL RESEARCH AND STATISTICS
GOV. ALFRED E. SMITH STATE OFFICE BUILDING (10TH FLOOR)
ALBANY, NEW YORK 12236
ATTENTION : JEFFREY MADEJ
2
*FINANCIAL SECTION *
FINANCIAL INFORMATION FOR THE FOLLOWING FUNDS AND ACCOUNT GROUPS WAS
INCLUDED IN THE ANNUAL FINANCIAL REPORT FILED BY YOUR GOVERNMENT FOR THE
FISCAL YEAR ENDED 1993 AND HAS BEEN USED BY THE OSC AS THE BASIS FOR
PREPARING THIS UPDATE DOCUMENT FOR YOUR FISCAL YEAR ENDED 1994:
(A) GENERAL FUND
(B) GENERAL TOWN -OUTSIDE VG
(DB) HIGHWAY -PART -TOWN
(FX) WATER
(G) SEWER
(SF) FIRE PROTECTION
CSL) LIGHTING
(V) DEBT SERVICE
(H) CAPITAL PROJECTS
(TA) AGENCY
(K) GENERAL FIXED ASSETS
(W) GENERAL LONG-TERM DEBT
ALL AMOUNTS INCLUDED IN THIS UPDATE DOCUMENT FOR 1993 REPRESENT THE DATA
FILED BY YOUR GOVERNMENT WITH THE OSC AS REVIEWED AND ADJUSTED WHERE
NECESSARY. IF ANY FUNDS WERE USED IN 1994 THAT WERE NOT USED IN 1993,
PLEASE LIST BELOW. A FORM TO REQUEST ADDITIONAL OR BLANK FUND.
STATEMENTS IS INCLUDED IN THIS MAILING.
*** SUPPLEMENTAL SECTION ***
THE SUPPLEMENTAL SECTION INCLUDES THE FOLLOWING SECTIONS:
1) STATEMENT OF INDEBTEDNESS
2) SCHEDULE FOR REPORTING VARIABLE RATE, DISCOUNTED,
AND/OR NEGOTIATED BONDS AND NOTES
3) SCHEDULE FOR REPORTING ALL INSTALLMENT PURCHASE
CONTRACTS/CERTIFICATES OF PARTICIPATION
4) SCHEDULE OF SECURITIES FOR COLLATERALIZATION
5) SCHEDULE OF TIME DEPOSITS AND INVESTMENTS
6) BANK RECONCILIATION
7) REAL PROPERTY TAX LEVY AND RELATED INFORMATION
8) LOCAL GOVERNMENT QUESTIONAIRE
9) NOTICE OF TORT CLAIMS
ALL NUMBERS IN THIS REPORT MUST BE ROUNDED TO THE NEAREST DOLLAR.
3
*** FINANCIAL SECTION ***
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
PETTY CASH
TOTAL CASH
INVESTMENTS IN REPURCHASE
AGREEMENTS
Investments in Special Reserve
TOTAL INVESTMENTS
ACCOUNTS RECEIVABLE
ACCRUED INTEREST RECEIVABLE
TOTAL OTHER RECEIVABLES
(NET)
STATE & FEDERAL OTHER
TOTAL STATE AND FEDERAL
AID RECEIVABLES
DUE FROM OTHER FUNDS
TOTAL DUE FROM OTHER
FUNDS
DUE FROM OTHER GOVERNMENTS
TOTAL DUE FROM OTHER
GOVERNMENTS
TOTAL ASSETS
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
$4,167 A200
531,302 A201
300 A210
A
A
535,769
162,725 A451
A452
A
162,725
668 A380
633 A381
A
A
1,301
3,505 A410
A
A
3,505
275 A391
A
A
275
377,094 A440
A
A
377,094
1,080,669
5
$ 2,581
275,239
300
278,120
300,000
640,144
940,144
989
5,832
6,821
11,037
11,037
0
0
367,107
367,107
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
ACCOUNTS PAYABLE
TOTAL ACCOUNTS PAYABLE
ACCRUED LIABILITIES
Due to Other Funds
TOTAL ACCRUED
LIABILITIES
TOTAL
TOTAL LIABILITIES
RESERVE FOR ENCUMBRANCES
TOTAL RESERVE FOR
ENCUMBRANCES
GENERAL RESERVE
TOTAL SPECIAL RESERVES
UNRESERVED FUND BALANCE
APPROPRIATED
"TOTAL UNRESERVED FUND
BALANCE -
APPROPRIATED
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
6
*18,530 A600
A
A
18,530
1,522 A601
A630
A
1,522
20,052
26,164 A821
A
A
26,164
627,094 A870
A
A
627,094
96,810 A910
A
A
96,810
310,549 A911
A
A
310,549
I
31,319
2,143
1,171,665
1,173,808
1,205,127
52,567
52,567
0
0
145,000
145,000
200,535
200,535
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
FOR THE FISCAL
YEAR ENDED 1993
TOTAL
TOTAL FUND EQUITY 1,060,617
TOTAL LIABILITIES AND
FUND EQUITY 1,080,669
7
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
S
398,102
1,603,229
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
RESULTS OF OPERATIONS
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
DETAIL REVENUES AND OTHER SOURCES
REAL PROPERTY TAXES
TOTAL REAL PROPERTY
TAXES
OTHER PAYMENTS IN LIEU OF
TAXES
INTEREST & PENALTIES ON REAL
PROP TAXES
TOTAL REAL PROPERTY TAX
ITEMS
NON PROP TAX DIST BY COUNTY
TOTAL NON PROPERTY TAX
ITEMS
CLERK FEES
PUBLIC POUND CHARGES, DOG
CONTROL FEES
OTHER HOME & COMMUNITY
SERVICES INCOME
TOTAL DEPARTMENTAL
INCOME
INTEREST AND EARNINGS
TOTAL USE OF MONEY AND
PROPERTY
DOG LICENSES
TOTAL LICENSES AND
PERMITS
$814,097 A1001
A
A
E3
814,097
12,304 A1081
13,535 A1090
A
A
25,839
627,094 A1120
A
A
627,094
2,838 A1255
1,196 A1550
1,292 A2189
A
A
5,326
24,124 A2401
A
A
24,124
51931 A2544
A
A
5,931
FOR THE FISCAL
YEAR ENDED 1994
$826,690
826,690
20,686
11,891
32,577
352,574
352,574
2,507
1,366
140
4,013
27,508
27,508
5,820
5,820
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
RESULTS OF OPERATIONS
E
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL REVENUES AND OTHER
SOURCES
FINES AND FORFEITED BAIL
$24,588
A2610
5 39,630
A
A
TOTAL FINES AND
FORFEITURES
24,588
39,630
SALES OF EQUIPMENT
281
A2665
25
A
A
TOTAL SALE OF PROPERTY
AND COMPENSATION FOR
LOSS
281
25
UNCLASSIFIED (SPECIFY)
8,014
A2770
13,455
Services to Other Gov't.
A2378
23,900
Youth Services - County
A2350
8,557
TOTAL MISCELLANEOUS
LOCAL SOURCES
8,014
45,912
INTERFUND REVENUES
21,720
A2801
A
A
TOTAL INTERFUND
REVENUES
21,720
ST AID, MORTGAGE TAX
252,224
A3005
l9q,S69
ST. AID, RECORDS MGMT.
2,864
A3060
3,874
ST AID, YOUTH PROGRAMS
31118
A3820
13,429
A
A
TOTAL STATE AID
258,206
346,868
TOTAL
TOTAL REVENUES
1,815,220
1,681,617
TOTAL DETAIL REVENUES
AND OTHER SOURCES
1,815,220
1,681,617
E
(A) GENERAL FUND
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994,
DETAIL EXPENDITURES AND OTHER USES
LEGISLATIVE BOARD, PERS SERV
LEGISLATIVE BOARD, CONTR
EXPEND
TOTAL LEGISLATIVE BOARD
MUNICIPAL COURT, PERS SERV
MUNICIPAL COURT, EQUIP & CAP
OUTLAY
MUNICIPAL COURT, CONTR EXPEND
631,500
A1010.1 $33.000
2,075
A1010.4 1,374
TAX COLLECTION,EQUIP & CAP
A
33,575
A1010.0'
37,831
A1110.1 '
3,849
2,412
TOTAL MUNICIPAL COURT 44,092
SUPERVISOR,PERS SERV 15,650
SUPERVISOR,CONTR EXPEND 2,568
Supervisor, Equipment
TOTAL SUPERVISOR 18,218
AUDITOR, CONTR EXPEND 5,791
TOTAL AUDITORS
5,791
TAX COLLECTION,PERS SERV
10,655
TAX COLLECTION,EQUIP & CAP
OUTLAY
169
TAX COLLECTION,CONTR EXPEND
1,674
TOTAL TAX COLLECTION
12,498
BUDGET, PERS SERV
48,045
BUDGET, CONTR EXPEND
1,334
Budget, Equipment
TOTAL BUDGET
49,379
CLERK,PERS SERV
56,148
CLERK,EQUIP & CAP OUTLAY
3,250
CLERK,CONTR EXPEND
1,275
TOTAL CLERK
60,673
LAW, CONTR EXPEND
28,956
10
A1110.2
A1110.4
A
A1110.0
A1220.1
A1220.4
A1220.2 -
A1220.0
A1320.4
A
A1320.0
A1330.1
A1330.2
A1330.4
A
A1330.0
A1340.1
A1340.4
A1340.2
A1340.0
A1410.1
A1410.2
A1410.4
A
A1410.0
A1420.4
A
1,379
210
4,368
15,887
62,851
752
1,449
65,052
54,278
358
2,441
57,077
30,194
(A) GENERAL FUND
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL
YEAR ENDED 1993
DETAIL EXPENDITURES AND OTHER USES
TOTAL LAW
PERSONNEL, -PERS SERV
PERSONNEL,EQUIP & CAP OUTLAY
PERSONNEL, CONTR EXPEND
TOTAL PERSONNEL
ENGINEER, PERS SERV
ENGINEER, EQUIP & CAP OUTLAY
ENGINEER, CONTR EXPEND
TOTAL ENGINEER -
ELECTIONS, PERS SERV
ELECTIONS, CONTR EXPEND
Elections, Equipment
TOTAL ELECTIONS
BUILDINGS, PERS SERV
BUILDINGS, CONTR EXPEND
Buildings, Equipment
TOTAL OPERATION OF PLANT
CENTRAL PRINT & MAIL, EQUIP &
CAP OUTLAY
CENTRALPRINT& MAIL,CONTR
Cents ral print & Mail Pers. Serv.
TOTAL CENTRAL PRINTING AND
MAILING
UNALLOCATED INSURANCE, CONTR
EXPEND
TOTAL UNALLOCATED INSURANCE
MUNICIPAL ASSN DUES, CONTR
EXPEND
TOTAL MUNICIPAL ASSN DUES
Records Management, Pers. Serv.
Records Management, Equip.
Records Management Contr Expend
TOTAL RECORDS MANAGEMENT
11
$28,956
31,586
3,000
1,553
36,139
124,223
10,301
6,786
141,310
7,050
2,175
9,225
11,555
17,246
28,801
24,872
38,328
63,200
73,228
73,228
1,305
1,305
EDP
CODE
A1420.0
A1430.1
A1430.2
A1430.4
A
A1430.0
A1440.1
A1440.2
A1440.4
A
A1440.0
A1450.1
A1450.4
A1450.2
A1450.0
A1620.1
A1620.4
A1620.2
A1620.0
A1670.2
A1670.4
A1670.1
A1670.0
A1910.4
A
A1910.0
A1920.4
A
A1920.0
FOR THE FISCAL
YEAR ENDED 1994
5 30.194
32,027
2,060
41,300
116
87,484
73,973
1,025
A1460.1 4,507
A1460.2 28
A1460.4 3,270
A1460.0 7,805
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR -ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
TOTAL GENERAL GOVERNMENT
SUPPORT
POLICE, PERS SERV
POLICE, CONTR EXPEND
TOTAL POLICE DEPARTMENT
TRAFFIC CONTROL, CONTR EXPEN
TOTAL TRAFFIC CONTROL
CONTROL OF ANIMALS, CONTR
EXPEND
TOTAL CONTROL OF DOGS
TOTAL PUBLIC SAFETY
STREET ADMIN, PERS SERV
STREET ADMIN, EQUIP & CAP
OUTLAY
STREET ADMIN, CONTR EXPEND
TOTAL HIGHWAY AND STREET
ADMIN
12
A
S
A
A
A
A
606,390
709,783
7,706
A3120 . 1
8,100
59
A3120.4
0
A
7,765
A3120 . 0
8,100
199
A3310.4
180
A
199
A3310 . 0
180
15,400
A3510.4
15,940
A
15,400
A3510.0
15,940
A
A
A
A
A
23,364
24,220
49,123
A5010 . 1
47,380
1,876
11103
A5010.2
4,166
A5010.4
2,999
A
54,392
A5010.0
52,255
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
GARAGE, EQUIP & CAP OUTLAY
$4,186
A5132.2
$ 30,797
GARAGE, CONTR EXPEND
23,762
A5132.4
24,533
A
TOTAL GARAGE
27,948
A5132.0
55,330
STREET LIGHTING, CONTR EXPEND
32,649
A5182.4
36,167
A
TOTAL STREET LIGHTING
32,649
A5182.0
36,167
BUS OPERATIONS, CONTR EXPEND
9,217
A5630.4
8,250
A
TOTAL PUBLIC TRANSPORATION
9,217
A5630.0
8,250
A
A
A
A
A
TOTAL TRANSPORTATION
124,206
152,002
PLAYGR & REC CENTERS, CONTR
EXPEND
7,660
A7140.4
8,285
A
TOTAL PLAYGROUNDS AND
RECREATION CENTERS
7,660
A7140.0
8,285
JOINT YOUTH PROG, CONTR
EXPEND
156,695
A7320.4
169,314
A
TOTAL JOINT YOUTH PROGRAM
156,695
A7320.0
169,314
HISTORIAN, CONTR EXPEND
2,861
A7510.4
0
A
TOTAL HISTORIAN
2,861
A7510.0
0
13
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
RESULTS OF OPERATIONS
TOTAL UNSUBSTANTIATED
PRIOR PERIOD
ADJUSTMENTS
2,100
TOTAL EXPENDITURES 1,036,438 1,720,038
14
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER
USES
A
S
A
A
A
A
TOTAL CULTURE AND
RECREATION
167,216
177,599
STATE RETIREMENT SYSTEM
4,525
A9010.8.
7,818
SOCIAL SECURITY, EMPLOYER
CONT
32,052
A9030.8
34,102
WORKER'S COMPENSATION, EMPL
BNFTS
10,368
A9040.8
11,578
DISABILITY INSURANCE, EMPL
. BNFTS
861
A9055.8
1,232
HOSPITAL & MEDICAL (DENTAL)
INS, EMPL BNFT
65,356
A9060.8
74,129
TOTAL EMPLOYEE BENEFITS
113,162
128,859
UNSUBSTANTIATED PRIOR PERIOD
ADJ
2,100
A0000.4
A
TOTAL UNSUBSTANTIATED PRIOR
PERIOD ADJUSTM
2,100
A0000.0
TRANSFER TO CAPITAL PROJ.
A9991.9
527,575
A
A
A
A
TOTAL UNSUBSTANTIATED
PRIOR PERIOD
ADJUSTMENTS
2,100
TOTAL EXPENDITURES 1,036,438 1,720,038
14
(A) GENERAL FUND
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL
YEAR ENDED 1993
DETAIL EXPENDITURES AND OTHER USES
TOTAL DETAIL EXPENDITURES
AND OTHER USES
$1,036,438
15
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
11,720,038
(A) GENERAL FUND
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY -BEGINNING OF YEAR*
ADD - REVENUES AND OTHER
SOURCES
DEDUCT - EXPENDITURES AND
OTHER USES
FUND EQUITY -END OF YEAR*
$281,835 A8021 $1,060,617
1,815,220 1,681,617
1,036,438 1,720,038
1,060,617 A8029 1,022,196
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
16
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND,
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993
ESTIMATED REVENUES AND OTHER SOURCES
EST REV - REAL PROPERTY TAXES
EST REV - REAL PROPERTY TAX
ITEMS
EST REV - INTERGOVERNMENTAL
CHARGES
EST REV - USE OF MONEY AND
PROPERTY
EST REV - LICENSES AND
PERMITS
EST REV - FINES AND
FORFEITURES
EST REV -MISCELLANEOUS LOCAL
SOURCES
EST REV - INTERFUND REVENUES
EST REV - STATE AID
EST REV = NON -PROPERTY TAX
EST REV - DEPARTMENT INCOME
TOTAL ESTIMATED
REVENUES
APPROPRIATED FUND BALANCE
TOTAL ESTIMATED OTHER
SOURCES
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
5814,097
32,734
6,250
10,000
5,750
40,000
1,000
20,000
181,864
1,111,695
88,590
88,590
1,200,285
17
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
1,866,647
826,870
A1049M
$
34,354
A1099M
17,775
A2399M
15,000
A2499M
5,750
A2599M
A2649M
35,000
A2799M
1,000
A2801M
0
A3099M
229,050
A1199 M
352,575
A 1299 M
4,300
1,521,674
344,973
A 599M
A M
A M
344,973
M
M
1,866,647
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
SUMMARY OF FINAL BUDGET AS MODIFIED
DESCRIPTION
APPROPRIATIONS
APP - GENERAL GOVERNMENT
SUPPORT
APP - PUBLIC SAFETY
APP - TRANSPORTATION
APP - CULTURE AND RECREATION
APP -EMPLOYEE BENEFITS
TOTAL ESTIMATED
EXPENDITURES
TOTAL APPROPRIATIONS
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
5712,424
A1999M
$ 771,020
25,190
A3999M
25,829
159,652
A5999M
211,193
184,554
A7999M
181,208
118,465
A9199M
677,397
A M
A M
1,200,285
1,866,647
M
M
1,200,285
1,866,647
18
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(A) GENERAL FUND
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993
OUTSTANDING ENCUMBRANCES
GENERAL GOVT. SUPPORT
ENCUMBR. $1,709
PUBLIC SAFETY - ENCUMBR. 0
TRANSPORTATION - ENCUMBR. 24,454
TOTAL OUTSTANDING
ENCUMBRANCES 26,163
19
EDP
CODE
A1998M
A3998M
A5998M
A M
A M
FOR THE FISCAL
YEAR ENDED 1994
$ 5,567
52,567
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
PETTY CASH
TOTAL CASH
INVESTMENTS IN REPURCHASE
AGREEMENTS
TOTAL INVESTMENTS
ACCOUNTS RECEIVABLE
TOTAL OTHER RECEIVABLES
(NET)
STATE & FEDERAL RECEIVABLES
TOTAL STATE AND FEDERAL
AID RECEIVABLES
DUE FROM OTHER FUNDS
TOTAL DUE FROM OTHER
FUNDS
DUE FROM OTHER GOVERNMENTS
TOTAL DUE FROM OTHER
GOVERNMENTS
TOTAL ASSETS
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
20
$10,431 B200
229,942 B201
200 B210
B
B
240,573
45,257 B451
B
B
45,257
436 B380
B
B
436
39,436 B410
B
B
39,436
1,914 B391
B
B
1,914
92,858 B440
B
B
92,858
420,474
$ 6,332
207,427
200
213,959
100,000
100,000
629
629
4,337
4,337
112,000
112,000
430,925
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
ACCOUNTS PAYABLE
TOTAL ACCOUNTS PAYABLE
ACCRUED LIABILITIES
TOTAL ACCRUED
LIABILITIES
DUE TO OTHER FUNDS
TOTAL DUE TO OTHER
FUNDS
TOTAL
TOTAL LIABILITIES
RESERVE FOR ENCUMBRANCES
TOTAL RESERVE FOR
ENCUMBRANCES
UNRESERVED FUND BALANCE
APPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
APPROPRIATED
UNRESERVED FUND BALANCE
UNAPPROPRIATED
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
21
512,798
B600
$ 27,906
B
B
12,798
27,906
4,921
B601
5,147
B
B
4,921
5,147
39,312
B630
0
B
B
39,312
0
57,031
33,053
4,853
B821
28,193
B
B
4,853
28,193
53,469
B910
155,788
B
B
53,469
155,788
305,121
B911
213,891
B
B
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL
YEAR ENDED 1993
22
5305,121
363,443
420,474
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
213,891
5
7,872
430,925
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
RESULTS OF OPERATIONS
FOR
THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION YEAR
ENDED 1993
CODE
YEAR ENDED 1994
DETAIL REVENUES AND OTHER SOURCES
SPECIAL ASSESSMENTS
$1,438
B1030
g 1,783
B
B
TOTAL REAL PROPERTY
TAXES
1,438
1,783
SALES TAX (FROM COUNTY)
1,285,358
B1120
1,290,000
FRANCHISES
22,241
B1170
Judd Falls Rd. - Sidewalk
81270
10,000
B
TOTAL NON PROPERTY TAX
ITEMS
1,307,599
1,324,670
ZONING FEES
37,111
B2110
29,427
PLANNING BOARD FEES
11,071
B2115
7473
OTHER HOME & COMMUNITY
SERVICES INCOME
2,090
B2189
B
B
TOTAL DEPARTMENTAL
INCOME
50,272
36,870
10,988
INTEREST AND EARNINGS
13,334
B2401
B
B
TOTAL USE OF MONEY AND
PROPERTY
13,334
10,988
REFUNDS OF PRIOR YEAR'S
EXPENDITURES
975
B2701
UNCLASSIFIED (SPECIFY)Misc.
31,626
B2770
2,725
Gifts & Donations
B
1,325
B
TOTAL MISCELLANEOUS
LOCAL SOURCES
32,601
4,050
ST AID, STATE REVENUE SHARING
61,376
B3001
66,041
ST AID, OTHER AID (SPECIFY) CAC -DEC REIM. 39,312
B3089
598_
B
B
TOTAL STATE AID
100,688
66,639
23
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
RESULTS OF OPERATIONS
FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993
DETAIL REVENUES AND OTHER SOURCES
TOTAL
TOTAL REVENUES
1,505,932
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
5
1,445,000
TOTAL DETAIL REVENUES
AND OTHER SOURCES 1,505,932 1,445,000
24
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
RESULTS OF OPERATIONS
25
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER
USES
LAW, CONTR EXPEND
547,168
B1420.4
5 53,956
B
TOTAL LAW
47,168
B1420.0
53,956
CENTRAL PRINT & MAIL, CONTR
EXPEND
1,642
B1670.4
1,904
B
TOTAL CENTRAL PRINTING & MAIL
1,642
B1670.0
1,904
B
B
B
B
B
TOTAL GENERAL GOVERNMENT
SUPPORT
48,810
TRAFFIC CONTROL, CONTR EXPEN
3,347
B33.10.4
15,213
B
TOTAL TRAFFIC CONTROL
3,347
B3310.0
15,213
B
B
B
B
B
TOTAL PUBLIC SAFETY
3,347
PLAYGR & REC CENTERS, PERS
SERV
66,746
B7140.1
82,789
PLAYGR & REC CENTERS, EQUIP &
CAP OUTLAY
3,714
B7140.2
4,657
PLAYGR & REC CENTERS, CONTR
EXPEND
45,846
B7140.4
37,232
B
TOTAL PLAYGROUNDS AND
RECREATION CENTERS
116,306
B7140.0
124,678
25
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
26
B
$
B
B
B
B
TOTAL CULTURE AND
RECREATION
116,306
ZONING, PERS SERV
94,101
B8010 . 1
87,049
ZONING, EQUIP & CAP OUTLAY
13,292
B8010.2
17,486
ZONING, CONTR EXPEND
4,568
B8010.4
3,109
B
TOTAL ZONING
111,961
B8010.0
107,644
PLANNING, PERS SERV
127,437
B8020.1
124,549
PLANNING, EQUIP & CAP OUTLAY
935
B8020.2
4,819
PLANNING, CONTR EXPEND
36,872
B8020.4
13,229
B
TOTAL PLANNING
165,244
B8020.0
142,597
B
B
B
B
B
TOTAL HOME AND COMMUNITY
SERVICES
277,205
STATE RETIREMENT, EMPL BNFTS*
3,160
B9010.8
2,378
SOCIAL SECURITY , EMPL BNFTS
21,462
B9030.8
26,432
WORKER'S COMPENSATION, EMPL
BNFTS
6,512
B9040.8
8,780
DISABILITY INSURANCE, EMPL
BNFTS
493
B9055.8
12,341
HOSPITAL & MEDICAL (DENTAL)
INS, EMPL BNFT
36,358
B9060.8
49,563
TOTAL EMPLOYEE BENEFITS
67,985
_
94,494
26
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
RESULTS OF OPERATIONS
FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993
DETAIL EXPENDITURES AND OTHER USES
TOTAL EXPENDITURES
TRANSFERS, OTHER FUNDS
TOTAL TRANSFERS
TOTAL OTHER USES
TOTAL DETAIL EXPENDITURES
AND OTHER USES
5513,653
887,017
887,017
887,017
1,400,670
27
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
94n -ARA
B9901.9 870,085
870,085
1,410,571
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR* $258,181 B8021 5363,443
ADD - REVENUES AND OTHER
SOURCES 1,505, 932 1,445,000
DEDUCT - EXPENDITURES AND
OTHER USES 1,400,670 1,410,571
FUND EQUITY - END OF YEAR* 363,443 B8029 39/,872
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGE -S IN'ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
28
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ESTIMATED REVENUES AND OTHER SOURCES
EST REV - NON PROPERTY TAX
ITEMS
$1,307,358
B 1199M
$ 1,323,000
EST REV - DEPARTMENTAL INCOME
41,000
B1299M
36,000
EST REV - USE OF MONEY AND
PROPERTY
10,000
B2499M
10,000
EST REV -MISCELLANEOUS LOCAL
SOURCES
31,000
B2799M
16,808
EST REV -STATE AID
109,461
B3099M
61,800
TOTAL REAL PROPERTY TAXES
-OTHER
B1030 M
1,437
SERVi=s To GOV TS.
B2378 M
4,988
TOTAL ESTIMATED
REVENUES
1,498,819
1,454,033
58,323
APPROPRIATED FUND BALANCE
2,219
B 599M
B M
B M
TOTAL ESTIMATED OTHER
58,323
SOURCES
2,219
M
M
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
1,501,038
1,512,356
29
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
APPROPRIATIONS
APP - GENERAL GOVERNMENT
SUPPORT
$65,642
APP - PUBLIC SAFETY
31500
APP - TRANSPORTATION
4,750
APP - CULTURE AND RECREATION
154,281
APP - HOME AND COMMUNITY
977M
SERVICES
311,062
APP - EMPLOYEE BENEFITS
74,786
TOTAL ESTIMATED
642,271
EXPENDITURES
614,021
APP - INTERFUND TRANSFER
887,017
TOTAL ESTIMATED OTHER
USES
887,017
TOTAL APPROPRIATIONS 1,501,038
30
FOR THE FISCAL
YEAR ENDED 1994
B1999M $ 55,860
B3999M
-9-
B5999M
4,9$$
B7999MZ
B8999M
293,360
B 919 9 M
977M
B M
B M
642,271
870,085
B9999M
B M
B M
M
M
1,512,356
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(B) GENERAL TOWN -OUTSIDE VG
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
OUTSTANDING ENCUMBRANCES
CULTURE AND RECR. - ENCUMBR. $4,670
HOME & COMM. SERV. - ENCUMBR. 184
TOTAL OUTSTANDING
ENCUMBRANCES 4,854
31
B7998M
B8998M
B M
B M
FOR THE FISCAL
YEAR ENDED 1994
S 0
0
0
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
PETTY CASH
INVESTMENT -REPURCHASE AGREEMENT
TOTAL CASH
ACCOUNTS RECEIVABLE
INTEREST RECEIVABLE
TOTAL OTHER RECEIVABLES
(NET)
STATE & FEDERAL RECEIVABLES
TOTAL STATE AND FEDERAL
AID RECEIVABLES
DUE FROM OTHER FUNDS
TOTAL DUE FROM OTHER
FUNDS
INVESTMENTS IN SECURITIES,
SPEC RES
TOTAL RESTRICTED ASSETS
TOTAL ASSETS
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
32
$6,932 DB 200
260,591 DB 201
200 DB 210
DB 451
DB
267,723
0 DB 380
DB 381
DB
0
1,828 DB 410
DB
DB
1,828
39,312 DB 391
DB
DB
39,312
20,216 DB 452
DB
DB
20,216
329,079
FOR THE FISCAL
YEAR ENDED 1994
$ 2,087
200
150,000
0
1,071
1,071
27,408
27,408
578
578
55.197
55.197
393.954
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
BALANCE SHEET
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
LIABILITIES AND FUND EQUITY
ACCOUNTS PAYABLE
TOTAL ACCOUNTS PAYABLE
ACCRUED LIABILITIES
TOTAL ACCRUED
LIABILITIES
TOTAL
TOTAL LIABILITIES
RESERVE FOR ENCUMBRANCES
TOTAL RESERVE FOR
ENCUMBRANCES
RESERVE FOR HIGHWAY CAPITAL
TOTAL SPECIAL RESERVES
UNRESERVED FUND BALANCE
APPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
APPROPRIATED
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
33
$28,521 DB 600
DB
DB
28,521
5,118 DB 601
DB
DB
5,118
33,639
18,112 DB 821
DB
DB
18,112
54,051 DB 879
DB
DB
54,051
80,038 DB 910
DB
DB
80,038
143,239 DB 911
DB
DB
143,239
$ 45,203
45,203
4,851
4,851
50,054
0
0
55,325
55,325
76,355
76,355
212,220
212,220
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
34
295,440
329,079
FOR THE FISCAL
YEAR ENDED 1994
S
393,954
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL REVENUES AND OTHER SOURCES
TRANSPORTATION SERVICES,
OTHER GOVTS
TOTAL INTERGOVERNMENTAL
CHARGES
INTEREST AND EARNINGS
TOTAL USE OF MONEY AND
PROPERTY
SALES OF EQUIPMENT
INSURANCE RECOVERIES
TOTAL SALE OF PROPERTY
AND COMPENSATION FOR
LOSS
UNCLASSIFIED (SPECIFY)
TOTAL MISCELLANEOUS
LOCAL SOURCES
ST AID, CONSOLIDATED HIGHWAY
AID
ST AID EMERGENCY DISASTER
ASSISTANCE
TOTAL STATE AID
TOTAL
TOTAL REVENUES
INTERFUND TRANSFERS
35
$8,566 DB2300
DB
DB
8,566
5,141 DB2401
DB
DB
5,141
8,814 DB2665
135 DB2680
DB
DB
8,949
7,324 DB2770
DB
DB
7,324
42,460 DB3501
6,089 DB3960
DB
DB
48,549
78,529
887,017 DB5031
$ 10,350
10,350
5,613
5,613
8,010
0
8,010
7,629
43,783
0
,783
7 ; 85
870,085
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL REVENUES AND OTHER SOURCES
DB S
DB
TOTAL INTERFUND 870,085
TRANSFERS 887,017
TOTAL
TOTAL OTHER SOURCES 887,017
TOTAL DETAIL REVENUES
AND OTHER SOURCES 965,546 945,470
36
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY=PART-TOWN
RESULTS OF OPERATIONS
DESCRIPTION
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
DETAIL EXPENDITURES AND OTHER USES
FOR THE FISCAL
YEAR ENDED 1994
BALANCING CODE
2
DB1888.4
FOR OSC USE ONLY
DB
S
TOTAL BALANCING CODE
2
DB1888.0
DB
DB
DB
DB
DB
TOTAL GENERAL GOVERNMENT
SUPPORT
2
MAINT OF STREETS, PERS SERV
134,350
DB5110.1
114,013
MAINT OF STREETS, CONTR
EXPEND
37,573
DB5110.4
84,019
DB
198,032
TOTAL MAINTENANCE OF ROADS
171,923
DB5110.0
41,633
IMPROVEMENTS, PERS SERV
24,770
DB5112.1
PERM IMPROVE HIGHWAY, CONTR
EXPEND
179,169
DB5112.4
219,247
DB
TOTAL IMPROVEMENTS
203,939
DB5112.0
260,880
MACHINERY, PERS SERV
22,777
DB5130.1
18,697
MACHINERY, EQUIP & CAP OUTLAY
96,972
DB5130.2
110,730
MACHINERY, CONTR EXPEND
83,974
DB5130.4
57,708
DB
TOTAL MACHINERY
203,723
DB5130.0
187,135
BRUSH AND WEEDS, PERS SERV
23,425
DB5140.1
21,376
BRUSH AND WEEDS, EQUIP & CAP
OUTLAY
2,216
DB5140 .2
2,000
BRUSH AND WEEDS, CONTR EXPEND
6,493
DB5140.4
1,078
DB
TOTAL MISCELLANEOUS
32,134
DB5140.0
24,454
SNOW REMOVAL, PERS SERV
57,808
DB5142.1
58,539
SNOW REMOVAL, CONTR EXPEND
44,895
DB5142.4
50,495
DB
37
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
RESULTS OF OPERATIONS
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
DETAIL EXPENDITURES AND OTHER USES
TOTAL SNOW REMOVAL
TOTAL TRANSPORTATION
STATE RETIREMENT, EMPL BNFTS
SOCIAL SECURITY, EMPL BNFTS
WORKER'S COMPENSATION, EMPL
BNFTS
DISABILITY INSURANCE, EMPL
BNFTS
HOSPITAL & MEDICAL (DENTAL)
INS, EMPL BNFT
TOTAL EMPLOYEE BENEFITS
TOTAL EXPENDITURES
TOTAL DETAIL EXPENDITURES
AND OTHER USES
FOR THE FISCAL
YEAR ENDED 1994
$102,703 DB5142.0 5109,034
DB
DB
DB
DB
DB
38
714,422
4,520 DB9010.8
19,602 DB9030.8
18,761 DB9040.8
459 DB9055.8
53,978 DB9060.8
97,320
811,744
811,744
779,535
7,090
19,054
26,558
596
64,177
117,475
897,010
897,010
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR*
ADD - REVENUES AND OTHER
SOURCES
DEDUCT - EXPENDITURES AND
OTHER USES
FUND EQUITY - END OF YEAR*
$141,638 DB8021
965,546
811,744
295,440 DB8029
5295,440
945,470
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
39
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ESTIMATED REVENUES AND OTHER SOURCES
EST REV - DEPARTMENTAL INCOME
EST REV - USE OF MONEY AND
PROPERTY
EST REV - SALE OF PROP AND
COMP FOR LOSS
EST REV - INTERFUND REVENUES
EST REV - STATE AID
TOTAL ESTIMATED
REVENUES
ESTIMATED - INTERFUND
TRANSFER
APPROPRIATED FUND BALANCE
TOTAL ESTIMATED OTHER
SOURCES
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
$8,096
DB1299M
$ 9,000
6,200
DB2499M
4,700
25,000
DB2699M
10,000
66,103
DB2801M
zu,uuu
38,000
DB3099M
38,000
DB M
DB M
143,399
81,700
847,705
DB5031M
870,085
15,541
DB 599M
119,150
DB M
DB M
863,246
989,235
M
M
1,006,645 1,070,935
40
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
SUMMARY OF FINAL BUDGET AS MODIFIED
DESCRIPTION
APPROPRIATIONS
APP - TRANSPORTATION
APP - EMPLOYEE BENEFITS
TOTAL ESTIMATED
EXPENDITURES
TOTAL APPROPRIATIONS
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
$906,463 DB5999M
100,182 DB9199M
DB M
DB M
1,006,645
1,006,645
41
M
M
FOR THE FISCAL
YEAR ENDED 1994
$ 926,605
144,330
1,070,935
,070,935
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(DB) HIGHWAY -PART -TOWN
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
OUTSTANDING ENCUMBRANCES
TRANSPORTATION - ENCUMBR.
TOTAL OUTSTANDING
ENCUMBRANCES
42
$18,112 DB5998M
DB M
DB M
18,112
$ 0
I
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
TOTAL CASH
INVESTMENTS IN REPURCHASE
AGREEMENTS
TOTAL INVESTMENTS
WATER RENTS RECEIVABLE
SPECIAL ASSESSMENTS
RECEIVABLE
ACCOUNTS RECEIVABLE
TOTAL OTHER RECEIVABLES
(NET)
TOTAL ASSETS
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
43
$230,895 FX 200
226,883 FX 201
FX
FX
457,778
28,144 FX 451
117,997
603,919
FOR THE FISCAL
YEAR ENDED 1994
$ 130,716
503,010
200,000
200,000
199,394
21,434
1,171
221,999
•��.'1�[IPL•�
FX
FX
28,144
100,311
FX 350
17,313
FX.370
373
FX 380
FX
FX
117,997
603,919
FOR THE FISCAL
YEAR ENDED 1994
$ 130,716
503,010
200,000
200,000
199,394
21,434
1,171
221,999
•��.'1�[IPL•�
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
ACCOUNTS PAYABLE
TOTAL ACCOUNTS PAYABLE
ACCRUED LIABILITIES
TOTAL
TOTAL LIABILITIES
RESERVE FOR ENCUMBRANCES
TOTAL RESERVE FOR
ENCUMBRANCES
UNRESERVED FUND BALANCE
APPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
APPROPRIATED
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
$240,656 FX 600
FX
FX
240,656
FX601
44
240,656
12,210 FX 821
FX
FX
12,210
121,072 FX. 910
FX
FX
121,072
229,981 FX 911
FX
FX
229,981
363,263
603,919
5 65,650
65,650
70
65,720
1,115
1,115
146,028
146,028
712,146
925,009
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
RESULTS OF OPERATIONS
FOR
THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION YEAR
ENDED 1993
CODE
YEAR ENDED 1994
DETAIL REVENUES AND OTHER SOURCES
SPECIAL ASSESSMENTS AD
VALOREM
$601,416
FX1028
$ 600,042
FX
FX
TOTAL REAL PROPERTY
TAXES
601,416
600,042
METERED WATER SALES
1,172,418
FX2140
1,463,422
WATER SERVICE CHARGES
941
FX2144
INTEREST & PENALTIES ON WATER
RENTS
9,349
FX2148
15,294
FX
FX
TOTAL DEPARTMENTAL
INCOME
1,182,708
1,480,414
SERVICE FOR OTHER GOVTS
10,370
*FX2378
10,334
FX
FX
TOTAL INTERGOVERNMENTAL
CHARGES
10,370
10,334
INTEREST AND EARNINGS
12,418
FX2401
18,857
FX
FX
TOTAL USE OF MONEY AND
PROPERTY
12,418
18,857
UNCLASSIFIED (SPECIFY)
222
FX2770
147
INSURANCE RECOVERY
FX 2680
1,79b
FX
TOTAL MISCELLANEOUS
LOCAL SOURCES
222
1,943
TOTAL
TOTAL REVENUES
1,807,134
2,111,590
INTERFUND TRANSFERS
10,290
FX5031
483,734
45
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
RESULTS OF OPERATIONS
FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993
DETAIL REVENUES AND OTHER SOURCES
TOTAL INTERFUND
TRANSFERS
SERIAL BONDS
TOTAL PROCEEDS OF
OBLIGATIONS
TOTAL
TOTAL OTHER SOURCES
TOTAL DETAIL REVENUES
AND OTHER SOURCES
EDP
CODE
FX
FX
10,290
0 FX5710
FX
FX
0
10,290
1,817,424
46
FOR THE FISCAL
YEAR ENDED 1994
S
0
0
483,734
2,595,324
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
RESULTS OF OPERATIONS
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
DETAIL EXPENDITURES AND OTHER USES
BALANCING CODE
TOTAL BALANCING CODE
TOTAL GENERAL GOVERNMENT
SUPPORT
WATER TRANS & DISTRIB, PERS
SERV
WATER TRANS & DISTRIB, EQUIP
& CAP OUTLAY
WATER TRANS & DISTRIB, CONTR
EXPEND
TOTAL TRANSMISSION AND
DISTRIBUTION
COMMON WATER SUPPLY, CONTR
EXPEND
TOTAL COMMON WATER SUPPLY
TOTAL HOME AND COMMUNITY
SERVICES
STATE RETIREMENT, EMPL BNFTS
SOCIAL SECURITY, EMPL BNFTS
47
FOR THE FISCAL
YEAR ENDED 1994
1 FX1888.4 FOR OSC USE ONLY
FX S
1 FX1888.0
FX
FX
FX
FX
FX
1
18,246
FX8340.1
16,934
5,555
FX8340 .2
17,140
150,030
FX8340.4
180,565
FX
173,831
FX8340.0
214,639
701,871
FX8350.4
913,922
FX
701,871
FX8350.0
913,922
FX
FX
FX
FX
FX
1,128,561
875,702
28
20
FX9010.8
1,335
FX9030.8
1,187
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
WORKERS COMPENSATION, EMPL
BNFTS
DISABILITY INSURANCE, EMPL
BNFTS
TOTAL EMPLOYEE BENEFITS
DEBT PRINCIPAL, SERIAL BONDS
TOTAL DEBT PRINCIPAL
DEBT
TTApINTEREST,
NSERIAL BONDS
INTERFUNDE TRANSFER R E S T
TOTAL EXPENDITURES
5550
FX9040.8
5 0
22
FX9055.8
29
1,927
1,244
460,113
FX9710 . 6
468,114
460,113
468,114
333,061
FX9710 . 7
301,378
333,061
301,378
FX99O1.9
200,000
1,670,804
'
2,099,297
TOTAL DETAIL EXPENDITURES
AND OTHER USES 1,670,804 2,099,297
48
(FX) WATER
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR*
ADD - REVENUES AND OTHER
SOURCES
DEDUCT - EXPENDITURES AND
OTHER USES
FUND EQUITY - END OF YEAR*
$216,643 FX8021 5363,263
1,817,424 2,595,324
1,670,804 2,099,297
363,263 FX8029 '
290
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
49
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
SUMMARY OF FINAL BUDGET AS
MODIFIED
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
ESTIMATED REVENUES AND OTHER
SOURCES
EST REV - REAL PROPERTY TAX
ITEMS
$608,000
FX1099M
$ 605,680
EST REV - DEPARTMENTAL INCOME
1,127,100
FX1299M
1,184,325
EST REV -INTERGOVERNMENTAL
CHARGES
5,000
FX2399M
5,000
EST REV - USE OF MONEY AND
PROPERTY
10,000
FX2499M
10,000
FX M
FX M
TOTAL ESTIMATED
REVENUES
1,750,100
1,805,005
ESTIMATED - INTERFUND
TRANSFER
160,000
FX5031M
483,734
APPROPRIATED FUND BALANCE
19,832
FX 599M
189,219
FX M
FX M
TOTAL ESTIMATED OTHER
SOURCES
179,832
672,953
M
M
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
1,929,932
2,477,958
50
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
SUMMARY OF FINAL BUDGET AS MODIFIED
DESCRIPTION
APPROPRIATIONS
APP -HOME AND COMMUNITY
SERVICES
APP - EMPLOYEE BENEFITS
APP - DEBT SERVICE
TOTAL ESTIMATED
EXPENDITURES
TOTAL APPROPRIATIONS
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
$1,132,594 FX8999M
2,164 FX9199M
795,174 FX9899M
FX M
FX M
1,929,932
1,929,932
51
M
M
FOR THE FISCAL
YEAR ENDED 1994
$1,488,655
2,885
2,477,958
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(FX) WATER
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
OUTSTANDING ENCUMBRANCES
HOME & COMM SERV.-EMCUMBR
TOTAL OUTSTANDING
ENCUMBRANCES
$1,221,005 FX8998M
FX M
FX -M
1,221,005
52
FOR THE FISCAL
YEAR ENDED 1994
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
TOTAL CASH
INVESTMENTS IN REPURCHASE
AGREEMENTS
TOTAL INVESTMENTS
SEWER RENTS RECEIVABLE
SPECIAL ASSESSMENTS
RECEIVABLE
ACCOUNTS RECEIVABLE
ACCRUED INTEREST RECEIVABLE
TOTAL OTHER RECEIVABLES
(NET)
TOTAL ASSETS
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
53
$33,731 G200
208,894 G201
G
G
242,625
284,216 G451
G
G
284,216
27,743
21,116
43,428
1,106
93,393
620,234
G360
G370
G380
G381
G
G
FOR THE FISCAL
YEAR ENDED 1994
5 1,353
497,349
498,702
10,000
10,000
37,323
13,619
0
63
51,005
559,707
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
ACCOUNTS PAYABLE
TOTAL ACCOUNTS PAYABLE
TOTAL
TOTAL LIABILITIES
RESERVE FOR ENCUMBRANCES
TOTAL RESERVE FOR
ENCUMBRANCES
UNRESERVED FUND BALANCE
APPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
APPROPRIATED
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
54
$2,924 G600
G
G
2,924
2,924
13,370 G821
G
G
13,370
251,503 G910
G
G
251,503
352,437 G911
G
G
352,437
617,310
620,234
1,140
20,757
20,757
74,067
74,067
463,743
463,743
558,567
559,707
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL REVENUES AND OTHER SOURCES
SPECIAL ASSESSMENTS
TOTAL REAL PROPERTY
TAXES
SEWER RENTS
SEWER CHARGES -
INTEREST & PENALTIES ON SEWER
ACCTS
TOTAL DEPARTMENTAL
INCOME
SEWER SERV OTHER GOVTS
TOTAL INTERGOVERNMENTAL
CHARGES
INTEREST AND EARNINGS
TOTAL USE OF MONEY AND
PROPERTY
UNCLASSIFIED (SPECIFY)
TOTAL MISCELLANEOUS
LOCAL SOURCES
TOTAL
TOTAL REVENUES
INTERFUND TRANSFERS
5527,385 G1030
G
G
527,385
762,175 G2120
65,259 G2122
10,877 G2128
G
G
838,311
4,158 G2374
G
G
4,158
17,979 G2401
G
G
17,979
304 G2770
G
G
304
1,388,137
10,290 G5031
G
G
55
5
12,262
12,262
17,926
17,926
172
172
63,998
(G) SEWER
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL
YEAR ENDED 1993
DETAIL REVENUES AND OTHER SOURCES
TOTAL INTERFUND
TRANSFERS
TOTAL
TOTAL OTHER SOURCES
$10,290
10,290
TOTAL DETAIL REVENUES
AND OTHER SOURCES 1,398,427
56
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
5 63,998
63,998
1,591,508
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
RESULTS OF OPERATIONS
57
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER
USES
BALANCING CODE
1
G1888.4
FOR OSC USE ONLY
G
$
TOTAL BALANCING CODE
1
G1888.0
G
G
G
G
G
TOTAL GENERAL GOVERNMENT
SUPPORT
1
SANITARY SEWERS, PERS SERV
19,165
G8120.1
17,421
SANITARY SEWERS, EQUIP & CAP
OUTLAY
5,720
G8120.2
5,056
SANITARY SEWERS, CONTR EXPEND
170,357
G8120.4
G
TOTAL SANITARY SEWERS
195,242
G8120.0
JOINT SEWER PROJECT, CONTR
EXPEND
508,020
G8150.4
536,142
G
TOTAL JOINT SEWER PROJECT
508,020
G8150.0
G
G
G
G
G
TOTAL HOME AND COMMUNITY
SERVICES
703,262
926,114
STATE RETIREMENT, EMPL BNFTS
20
G9010.8
28
SOCIAL SECURITY , EMPL BNFTS
1,398
G9030.8
1,248
WORKER'S COMPENSATION, EMPL
BNFTS
550
G9040.8
0
DISABILITY INSURANCE, EMPL
BNFTS
22
G9055.8
29
57
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
RESULTS OF OPERATIONS
58
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER
USES
TOTAL EMPLOYEE BENEFITS
$1,990
$ 1,305
DEBT PRINCIPAL, SERIAL BONDS
379,559
G9710.6
386,560
TOTAL DEBT PRINCIPAL
379,559
386,560
DEBT INTEREST, SERIAL BONDS
361,673
69710.7
336,272
TOTAL DEBT INTEREST
361,673
336,272
TOTAL EXPENDITURES
1,446,485
TOTAL DETAIL EXPENDITURES
AND OTHER USES
1,446,485
1,650.251
58
(G) SEWER
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR*
ADD - REVENUES AND OTHER
SOURCES
DEDUCT - EXPENDITURES AND
OTHER USES
FUND EQUITY - END OF YEAR*
5665,368 G8021
1,398,427
1,446,485
617,310 G8029
FOR THE FISCAL
YEAR ENDED 1994
5617,310
1,591,508
1,650,251
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
59
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
SUMMARY OF FINAL BUDGET AS
MODIFIED
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
ESTIMATED REVENUES AND OTHER
SOURCES
EST REV - REAL PROPERTY TAX
ITEMS
$533,130
G1099M
$_535,000
EST REV - DEPARTMENTAL INCOME
840,900
G1299M
941,500
EST REV -INTERGOVERNMENTAL
CHARGES
3,000
G2399M
3,000
EST REV - USE OF MONEY AND
PROPERTY
31,000
G2499M
30,000
EST. REV - MISCELLARIOUS
G277O M
1,000
G M
TOTAL ESTIMATED
REVENUES
1,408,030
1,510,500
ESTIMATED - INTERFUND
TRANSFER
120,000
G5031M
15,000
APPROPRIATED FUND BALANCE
249,526
G .599M
334,873
G M
G M
TOTAL ESTIMATED OTHER
,
SOURCES
369,526
349,873
M
M
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
1,777,556
1860,373
60
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(G) SEWER
SUMMARY.OF FINAL BUDGET
AS MODIFIED
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
APPROPRIATIONS
APP - GENERAL GOVERNMENT
SUPPORT
$0
G1999M
S
APP - HOME AND COMMUNITY
SERVICES
1,034,175
G8999M
1,135,826
APP - EMPLOYEE BENEFITS
2,149
G9199M
'
APP - DEBT SERVICE
741,232
G9899M
'
G M
G M
TOTAL ESTIMATED
EXPENDITURES
1,777,556
1,860,373
M
M
TOTAL APPROPRIATIONS
1,777,556
'
61
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(6) SEWER
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
OUTSTANDING ENCUMBRANCES
HOME & COMM. SERV. - ENCUMBR.
TOTAL OUTSTANDING
ENCUMBRANCES
62
$13,370 G8998M
G M
G M
13,370
FOR THE FISCAL
YEAR ENDED 1994
$1,140
1,140
(SF) FIRE PROTECTION
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
TOTAL CASH
TOTAL ASSETS
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
rJ
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
63
$33 SF 200
14,560 SF 201
SF
SF
14,593
FOR THE FISCAL
YEAR ENDED 1994
g 33
8754
87
14,593 8787
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SF) FIRE PROTECTION
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
64
514,593 SF 911
SF
SF
14,593
14,593
14,593
FOR THE FISCAL
YEAR ENDED 1994
S 8,787
8,787
8,787
8,787
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SF) FIRE PROTECTION
RESULTS OF OPERATIONS
65
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL REVENUES AND OTHER
SOURCES
REAL PROPERTY TAXES
$1,169,949
SF1001
51.255.602
SF
SF
TOTAL REAL PROPERTY
TAXES
1,169,949
1.255.602
OTHER PAYMENTS IN LIEU OF
TAXES
25,095
SF1081
17.354
SF
SF
TOTAL REAL PROPERTY TAX
ITEMS
25,095
17,354
SALES TAX (FROM COUNTY)
77,000
SF1120
93,086
SF
SF
TOTAL NON PROPERTY TAX
ITEMS
77,000
93,086
INTEREST AND EARNINGS
11,234
SF2401
11,840
SF
SF
TOTAL USE OF MONEY AND
PROPERTY
11,234
11,840
TOTAL
TOTAL REVENUES
1,283,278
1-177.RR2
TOTAL DETAIL REVENUES
AND OTHER SOURCES
1,283,278
1,177.RR7
65
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SF) FIRE PROTECTION
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
FIRE PROTECTION, CONTR EXPEND
$1,300,541
SF341O.4
51,383,688
SF
TOTAL FIRE PROTECTION
1,300,541
SF341O.O
1,383,688
SF
SF
SF
SF
SF
TOTAL PUBLIC SAFETY
1,300,541
1,383,688
TOTAL -EXPENDITURES
1,300,541
1,383,688
TOTAL DETAIL EXPENDITURES
AND OTHER USES
1,300,541
1,383,688
66
(SF) FIRE PROTECTION
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR*
ADD - REVENUES AND OTHER
SOURCES
DEDUCT - EXPENDITURES AND
OTHER USES
FUND EQUITY - END OF YEAR*
$31,856 SF8021 $14,593
1,283,278 1,377,882
1,300,541 1,383,688
14,593 SF8029 8,787
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
67
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SF) FIRE PROTECTION
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ESTIMATED REVENUES AND OTHER SOURCES
EST REV - REAL PROPERTY TAXES
51,169,949
SF1049M
$1,255,602
EST REV - REAL PROPERTY TAX
ITEMS
23,000
SF1099M
25,000
EST REV - DEPARTMENTAL INCOME
77,000
SF1299M
93,086
EST REV - USE OF MONEY AND
PROPERTY
10,000
SF2499M
10,000
SF M
SF M
TOTAL ESTIMATED
REVENUES
1,279,949
1,383,688
APPROPRIATED FUND BALANCE
20,592
SF 599M
SF M
SF M
TOTAL ESTIMATED OTHER
SOURCES
20,592
M
M
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
1,300,541
1,383,688
68
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SF) FIRE PROTECTION
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
APPROPRIATIONS
APP - PUBLIC SAFETY
TOTAL ESTIMATED
EXPENDITURES
TOTAL APPROPRIATIONS
81,300,541 SF3999M
SF M
SF M
1,300,541
1,300,541
69
M
M
FOR THE FISCAL
YEAR ENDED 1994
81,383,688
1,383,688
1,383,688
(SL) LIGHTING
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
CASH IN TIME DEPOSITS
TOTAL CASH
TOTAL ASSETS
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
70
*47 SL 200
2,349 SL 201
SL
SL
2,396
2,396
FOR THE FISCAL
YEAR ENDED 1994
41
5,732
5,773
5,773
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SL) LIGHTING
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
UNRESERVED FUND BALANCE
APPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
APPROPRIATED
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
71
S0 SL 910
SL
SL
0
2,396 SL 911
SL
SL
2,396
2,396
2,396
0
5,773
5,773
5,773
5,773
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SL) LIGHTING
RESULTS OF OPERATIONS
72
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL REVENUES AND OTHER
SOURCES
REAL PROPERTY TAXES
$10,690
SL1001
$ 16,200
SL
SL
TOTAL REAL PROPERTY
TAXES
10,690
16,200
INTEREST AND EARNINGS
215
SL2401
442
SL
SL
TOTAL USE OF MONEY AND
PROPERTY
215
442
TOTAL
TOTAL REVENUES
10,905
16,642
TOTAL DETAIL REVENUES
AND OTHER SOURCES
10,905
16,642
72
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SL) LIGHTING
RESULTS OF OPERATIONS
73
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER
USES
STREET LIGHTING, CONTR EXPEND
$9,684
SL5182.4
$13,265
SL
TOTAL STREET LIGHTING
9,684
SL5182.0
13,265
SL
SL
SL
SL
SL
TOTAL TRANSPORTATION
9,684
13,265
TOTAL EXPENDITURES
9,684
13,265
TOTAL DETAIL EXPENDITURES
AND OTHER USES
9,684
13,265
73
(SL) LIGHTING
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL -UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR*
ADD - REVENUES AND OTHER
SOURCES
DEDUCT - EXPENDITURES AND
OTHER USES
FUND EQUITY - END OF YEAR*
$1,175 SL8021
10,905
16,642
9,684 13,265
2,396 SL8029 5,773
$2,396
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
74
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SL) LIGHTING
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993' CODE
ESTIMATED REVENUES AND OTHER SOURCES
EST REV - REAL PROPERTY TAXES
EST REV - USE OF MONEY AND
PROPERTY
TOTAL ESTIMATED
REVENUES
APPROPRIATED FUND BALANCE
TOTAL ESTIMATED OTHER
SOURCES
TOTAL ESTIMATED
REVENUES AND OTHER
SOURCES
75
$10,690 SL1049M
220 SL2499M
SL M
SL M
10,910
530 SL 599M
SL M
SL M
530
M
M
11,440
FOR THE FISCAL
YEAR ENDED 1994
5 14,219
265
14,484
14,484
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(SL) LIGHTING
SUMMARY OF FINAL BUDGET AS MODIFIED
FOR THE FISCAL EDP
DESCRIPTION YEAR ENDED 1993 CODE
APPROPRIATIONS
APP - TRANSPORTATION
TOTAL ESTIMATED
EXPENDITURES
TOTAL APPROPRIATIONS
76
$11,440 SL5999M
SL M
SL M
11,440
11,440
M
M
FOR THE FISCAL
YEAR ENDED 1994
$ 14,484
14,484
14,484
(V) DEBT SERVICE
BALANCE SHEET
DESCRIPTION
ASSETS
CASH IN TIME DEPOSITS
TOTAL CASH
DUE FROM OTHER FUNDS
TOTAL ASSETS
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
77
$154,165 V201
V
V
154,165
V391
154,165
424
1,432
1,856
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(V) DEBT SERVICE
BALANCE SHEET
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
LIABILITIES AND FUND EQUITY
FUND BALANCE -RESERVED FOR
BONDED DEBT $154,165 V884 $1,856
V
V
TOTAL SPECIAL RESERVES 154,165 1.856
TOTAL
TOTAL FUND EQUITY 154,165 t,856
TOTAL LIABILITIES AND
FUND EQUITY 154,165 1.856
78
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(V) DEBT SERVICE
RESULTS OF OPERATIONS
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
DETAIL REVENUES AND OTHER
SOURCES
17,817
INTEREST AND EARNINGS
$39,479
V2401
$
V
V
TOTAL USE OF MONEY AND
PROPERTY
39,479
17,817
INTERFUND REVENUE
V2801
377,606
TOTAL
TOTAL REVENUES
39,479
377,606
TOTAL DETAIL REVENUES
AND OTHER SOURCES
39,479
395,423
79
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(V) DEBT SERVICE
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
TRANSFERS, OTHER FUNDS $0 V9901.9 S 547,732
TOTAL TRANSFERS p 547,732
TOTAL OTHER USES p 547.732
TOTAL DETAIL EXPENDITURES
AND OTHER USES p 547,732
80
(V) DEBT SERVICE
RESULTS OF OPERATIONS
DESCRIPTION
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR* $114,686 V8021 $154,165
ADD - REVENUES AND OTHER 395,423
SOURCES 39,479
DEDUCT EXPENDITURES 54Z.737
FUND EQUITY _ END OF YEAR 154,165 V8029 1,856
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
81
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(H) CAPITAL PROJECTS
BALANCE SHEET
-82
FOR THE FISCAL
EDP
FOR
THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR
ENDED 1994
ASSETS
CASH
$105
H200
$
202
CASH IN TIME DEPOSITS
196,730
H201
131,931
H
H
TOTAL CASH
196,835
132,133
INVESTMENTS IN REPURCHASE
AGREEMENTS
279,657
H451
0
H
H
TOTAL INVESTMENTS
279,657
0
ACCOUNTS RECEIVABLE
1,089
H380
0
)UE FROM OTHER FUNDS
H391
1,171,665
H
TOTAL OTHER RECEIVABLES
(NET)
11089
0
477,581
1,303,798
TOTAL ASSETS
-82
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(H) CAPITAL PROJECTS
BALANCE SHEET
DESCRIPTION
LIABILITIES AND FUND EQUITY
ACCOUNTS PAYABLE
TOTAL ACCOUNTS PAYABLE
RETAINED PERCENTAGES, CONT
PAY
TOTAL RETAINED
PERCENTAGES
DUE TO OTHER FUNDS
TOTAL
TOTAL LIABILITIES
�(EAgRBONWBRANCES
TOTAL RESERVE FOR
ENCUMBRANCES
UNRESERVED FUND BALANCE
UNAPPROPRIATED
TOTAL UNRESERVED FUND
BALANCE -
UNAPPROPRIATED
TOTAL
TOTAL FUND EQUITY
TOTAL LIABILITIES AND
FUND EQUITY
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
83
$22,836
H600
$ 164-1R5
H
H
22,836
164,185
27,583
H605
14,589
H
H
27,583
14,589
H630
1,432
50,419
180,206
6,363
H821
58,373
H870
799,094
H
6,363
857,467
420,799
H911
266,125
H
H
420,799
266,125
427,162
1,123,592
477,581
1,303,798
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(H) CAPITAL PROJECTS
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL REVENUES AND OTHER SOURCES
I
SERIAL BONDS
TOTAL PROCEEDS OF
OBLIGATIONS
INTERFUND TRANSFER
TOTAL
TOTAL OTHER SOURCES
TOTAL DETAIL REVENUES
AND OTHER SOURCES
84
551,869 H5710
H
H
51,869
H5O31
51,869
51,869
5 0
0
200,000
200,000
200,000
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(H) CAPITAL PROJECTS
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
DETAIL EXPENDITURES AND OTHER USES
SEWER, EQUIP & CAP OUTLAY
$532,720
H8197.2
5128,699
WATER CAPITAL PROJECTS, EQUIP
& CAP OUTLAY
631,673
H8397.2
546,537
H
H
H
H
H
TOTAL HOME AND COMMUNITY
SERVICES
1,164,393
675,236
675,236
TOTAL EXPENDITURES
1,164,393
TRANSFERS, OTHER FUNDS
20,580
H9901.9
0
TOTAL TRANSFERS
20,580
0
TOTAL OTHER USES
20,580
0
TOTAL DETAIL EXPENDITURES
AND OTHER USES
1,184,973
675,236
85
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(H) CAPITAL PROJECTS
RESULTS OF OPERATIONS
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ANALYSIS OF CHANGES IN FUND EQUITY
FUND EQUITY - BEGINNING OF
YEAR* $1,560,266 H8021 $427,162
ADD - REVENUES AND OTHER
SOURCES 51,869 200,000
DEDUCT - EXPENDITURES AND
OTHER USES 1,184,973 675,236
FUND EQUITY - END OF YEAR* 427,162 H8029
* TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN
GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS.
PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY
ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING
PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE
PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF
THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS
REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS
UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS.
86
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(TA) AGENCY
BALANCE SHEET
DESCRIPTION
ASSETS
CASH
TOTAL CASH
CASH, SPECIAL RESERVES
TOTAL RESTRICTED ASSETS
TOTAL
TOTAL ASSETS
TOTAL ASSETS
FOR THE FISCAL
YEAR ENDED 1993
87
EDP FOR THE FISCAL
CODE YEAR ENDED 1994
$15,951 TA 200
TA
TA
15,951
4,297 TA 230
TA
TA
4,297
20,248
20,248
$ 15,208
15,208
3,629
3,629
18,837
18,837
(TA) AGENCY
BALANCE SHEET
DESCRIPTION
LIABILITIES
DUE TO OTHER FUNDS
TOTAL DUE TO OTHER
FUNDS
CONSOLIDATED PAYROLL
STATE RETIREMENT
GROUP INSURANCE
SOCIAL SECURITY TAX
GUARANTY & BID DEPOSITS
OTHER FUNDS (SPECIFY)
DISABILITY INSURANCE
NYS INCOME TAX
TOTAL AGENCY
LIABILITIES
STREET OPENING PERMITS
TOTAL
TOTAL LIABILITIES
TOTAL LIABILITIES AND
FUND EQUITY
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
FOR THE FISCAL EDP
YEAR ENDED 1993 CODE
88
$2,189 TA 630
TA
TA
2,189
86 TA 10
4,693 TA 18
-832 TA 20
-5 TA 26
8,779 TA 30
5,338 TA 85
TA 19
TA 21
18,059
20,248
20,248
FOR THE FISCAL
YEAR ENDED 1994
5 4.915
4.915
0
(193)
( 36)
1,890
7,774
494
3
TA 31 .3,990
13,922
18,837
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(K) GENERAL FIXED ASSETS
BALANCE SHEET
FOR THE FISCAL EDP FOR THE FISCAL
DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994
ASSETS
LAND
$71,642
K101
$ 118,642
BUILDINGS
389,484
K102
410,674
MACHINERY & EQUIPMENT
1,394,866
K104
1,662,183
K
K
TOTAL FIXED ASSETS
(NET)
1,855,992
2,191,499
TOTAL FIXED ASSETS
(NET)
1,855,992
2,191,499
TOTAL ASSETS
1,855,992
2,191,499
89
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(K) GENERAL FIXED ASSETS
BALANCE SHEET
90
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
INVESTMENT IN GENERAL FIXED
ASSETS
INVEST GENERAL FXD
ASSETS -CURRENT APP
51,292,062
K152
5 1,627,569
INVEST GENERAL FXD
ASSETS -GIFTS
44,500
K153
44,500
INVEST GENERAL FXD,
ASSETS -FEDERAL AID
519,430
K157
519,430
K
K
TOTAL INVESTMENTS IN
FIXED ASSETS
1,855,992
2,191,499
TOTAL INVESTMENTS IN
FIXED ASSETS
1,855,992
2191,499
TOTAL INVESTMENT IN
GENERAL FIXED ASSETS
1,855,992
2,191,499
90
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(W) GENERAL LONG-TERM DEBT
BALANCE SHEET
DESCRIPTION
ASSETS
FOR THE FISCAL EDP FOR THE FISCAL
YEAR ENDED 1993 CODE YEAR ENDED 1994
AMT AVAILABLE IN DEBT SERVICE
FUND
$114,640
W120
$ 0
W
W
TOTAL AMOUNT AVAILABLE
IN DEBT SERVICE FUND
114,640
0
AMTS TO BE PROV FOR LONG-TERM
9,642,416
W125
8,879,811
W
W
TOTAL PROVISION TO BE
MADE IN FUTURE
BUDGETS
9,642,416
8,879,811
TOTAL
TOTAL ASSETS
9,757,056
8,879,811
TOTAL ASSETS
9,757,056
8,879,811
91
TOWN OF ITHACA
ANNUAL UPDATE DOCUMENT
FOR THE FISCAL YEAR ENDED 1994
(W) GENERAL LONG-TERM DEBT
BALANCE SHEET
92
FOR THE FISCAL
EDP
FOR THE FISCAL
DESCRIPTION
YEAR ENDED 1993
CODE
YEAR ENDED 1994
LIABILITIES
INSTALLMENT PURCHASE DEBT
511,238
W685
5 1,877
COMPENSATED ABSENCES
64,353
W687
58,455
W
W
TOTAL OTHER LIABILITIES
75,591
60,332
DUE TO EMPLOYEES' RETIREMENT
SYSTEM
73,075
W637
65,769
W
W
TOTAL DUE TO OTHER
GOVERNMENTS
73,075
65,769
BONDS PAYABLE
9,608,390
W628
8,753,710
W
W
TOTAL BOND AND LONG
TERM LIABILITIES
9,608,390
8,753,710
TOTAL
TOTAL LIABILITIES
9,757,056
TOTAL LIABILITIES AND
FUND EQUITY
9,757,056
8,879,811
92
*** SUPPLEMENTAL SECTION ***
93
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
TAX ANTICIPATION NOTES
I
I
(LIST SEPARATELY BY DATE OF ISSUE
I
EDPCODE
AMOUNT I
I
ITAX ANTICIPATION NOTE NO. 1
1
1
1
IMONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
2P18611
5 I
(ISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18613
S I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18615
S I
(OUTSTANDING END OF FISCAL YEAR
2P18617
S I
IFINAL MATURITY DATE
I
1
I
ITAX ANTICIPATION NOTE NO. 2
I
1
1
(MONTH AND YEAR OF ISSUE
1
ICURRENT INTEREST RATE
1
IOUTSTANDING BEGINNING OF YEAR
2P18611
$ I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18613
$ I
IPAID DURING FISCAL YEAR
1
i (DO NOT INCLUDE RENEWALS HERE)
2P18615
S I
(OUTSTANDING END OF FISCAL YEAR
2P18617
$ 1
(FINAL MATURITY DATE
I
1
I
ITAX ANTICIPATION NOTE NO. 3
1
1
1
IMONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
2P18611
S I
(ISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18613
S I
IPAID DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18615
S I
(OUTSTANDING END OF FISCAL YEAR
2P18617
S 1
IFINAL MATURITY DATE
I
I
I
TOTAL TAX ANTICIPATION NOTES
AMOUNT
OUTSTANDING BEGINNING OF YEAR
$
ISSUED DURING FISCAL YEAR
S
PAID DURING FISCAL YEAR
g
OUTSTANDING END OF FISCAL YEAR
S
94
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
REVENUE ANTICIPATION NOTES
ILIST SEPARATELY BY DATE OF ISSUE
I
EDPCODE
AMOUNT I
I
(REVENUE ANTICIPATION NOTE NO. 1
I
1
1
(MONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18621
$ 1
(ISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18623
$ I
IPAID DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18625
$ I
IOUTSTANDING END OF FISCAL YEAR
2P18627
$ I
(FINAL MATURITY DATE
I
1
1
IREVENUE ANTICIPATION NOTE NO. 2
I
1
1
IMONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18621
$ I
IISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18623
$ I
(PAID DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18625
$ I
]OUTSTANDING END OF FISCAL YEAR
2P18627
$ 1
(FINAL MATURITY DATE
I
1
I
(REVENUE ANTICIPATION NOTE NO. 3
I
1
1
(MONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
IOUTSTANDING BEGINNING OF YEAR
2P18621
$ I
(ISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18623
$
IPAID DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18625
$ I
IOUTSTANDING END OF FISCAL YEAR
2P18627
$ I
(FINAL MATURITY DATE
I
1
I
TOTAL REVENUE ANTICIPATION NOTES
AMOUNT
OUTSTANDING BEGINNING OF YEAR
$
ISSUED DURING FISCAL YEAR
$
PAID DURING FISCAL YEAR
$
OUTSTANDING END OF FISCAL YEAR
$
95
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BUDGET NOTES
I
ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
I
(BUDGET NOTE NO. 1
(MONTH AND YEAR OF ISSUE
2P18637
I
(CURRENT INTEREST RATE
I
IOUTSTANDING BEGINNING OF YEAR
2P18631
S I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18633
S I
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18635
S I
IOUTSTANDING END OF FISCAL YEAR
2P18637
S I
IFINAL MATURITY DATE
I
I
I
IBUDGET.NOTE NO. 2
I
2P18633
I
I
IMONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
2P18635
I
IOUTSTANDING BEGINNING OF YEAR
2P18631
$ I
IISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18633
S I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18635
S I
(OUTSTANDING END OF FISCAL YEAR
2P18637
5 I
(FINAL MATURITY DATE
I
I
I
IBUDGET NOTE NO. 3
I
I
I
(MONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
I
IOUTSTANDING BEGINNING OF YEAR
2P18631
S I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18633
S I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18635
$ I
IOUTSTANDING END OF FISCAL YEAR
IFINAL MATURITY DATE
I
TOTAL BUDGET NOTES
OUTSTANDING BEGINNING OF YEAR
ISSUED DURING FISCAL YEAR
PAID DURING FISCAL YEAR
OUTSTANDING END OF FISCAL YEAR
96
2P18637 S I
I
I
AMOUNT
S
S
S
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
CAPITAL NOTES
I
ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
I
(CAPITAL NOTE NO. 1
(MONTH AND YEAR OF ISSUE I
ICURRENT INTEREST RATE I
(OUTSTANDING BEGINNING OF YEAR $ I
(ISSUED DURING FISCAL YEAR
I (DO NOT INCLUDE RENEWALS HERE) 5 I
IPAID DURING FISCAL YEAR I
I (DO NOT INCLUDE RENEWALS HERE) S I
IOUTSTANDING END OF FISCAL YEAR
[FINAL MATURITY DATE
I
(CAPITAL NOTE NO. 2
1
2P4 57
(MONTH AND YEAR OF ISSUE
(CURRENT INTEREST RATE
IOUTSTANDING BEGINNING OF YEAR
S
IISSUED DURING FISCAL YEAR
I (DO NOT INCLUDE RENEWALS HERE)
$
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
S I
(OUTSTANDING END OF FISCAL YEAR
2P4 57 S I
(FINAL MATURITY DATE
1
I
I
ICAPITAL NOTE NO. 3
I
I
I
(MONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
$ I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
S I
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
S I
IOUTSTANDING END OF FISCAL YEAR
2P4 57 $ I
(FINAL MATURITY DATE
I
I
�
TOTAL CAPITAL NOTES
OUTSTANDING BEGINNING OF
ISSUED DURING FISCAL YEAR
PAID DURING FISCAL YEAR
OUTSTANDING END OF FISCAL
YEAR 2P18651
2PIS653
2P18655
YEAR 2P18657
97
AMOUNT
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BOND ANTICIPATION NOTES
I
I
ILIST SEPARATELY BY DATE OF ISSUE
I
EDPCODE
AMOUNT I
I
IBOND ANTICIPATION NOTE NO. 1
1
I
I
(MONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
S i
[ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
$ i
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
g [
IOUTSTANDING END OF FISCAL YEAR
2P4 67
S I
IFINAL MATURITY DATE
I
I
I
(BOND ANTICIPATION NOTE NO. 2
1
I
1
(MONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
S I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
$ I
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
$ I
(OUTSTANDING END OF FISCAL YEAR
2P4 67
5 1
1FINAL MATURITY DATE
I
I
I
IBOND ANTICIPATION NOTE NO. 3
I
I
I
IMONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
$ I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
S I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
S I
(OUTSTANDING END OF FISCAL YEAR
2P4 67
S 1
(FINAL MATURITY DATE
I
I
I
98
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BOND ANTICIPATION NOTES
I
I
ILIST SEPARATELY BY DATE OF ISSUE
I
EDPCODE AMOUNT I
I
(BOND ANTICIPATION NOTE NO. 4
1
I
1
(MONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
$ I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
g I
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
g I
(OUTSTANDING END OF FISCAL YEAR.
2P4 67 S I
(FINAL MATURITY DATE
I
I
1
IBOND ANTICIPATION NOTE NO. 5
I
I
1
IMONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
I
IOUTSTANDING BEGINNING OF YEAR
g I
IISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
$ I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
$ I
IOUTSTANDING END OF FISCAL YEAR
2P4 67 $ I
IFINAL MATURITY DATE
I
1
1
(BOND ANTICIPATION NOTE NO. 6
I
1
�
(MONTH AND YEAR OF ISSUE.
ICURRENT INTEREST RATE
IOUTSTANDING BEGINNING OF YEAR
(ISSUED DURING FISCAL YEAR
I (DO NOT INCLUDE RENEWALS HERE)
IPAID DURING FISCAL YEAR
I (DO NOT INCLUDE RENEWALS HERE)
IOUTSTANDING END OF FISCAL YEAR
IFINAL MATURITY DATE
I
TOTAL BOND ANTICIPATION NOTES
OUTSTANDING BEGINNING OF YEAR
ISSUED DURING FISCAL YEAR
PAID DURING FISCAL YEAR
OUTSTANDING END OF FISCAL YEAR
*** BOND ANTICIPATION NOTES REDEEMED
FROM BOND PROCEEDS DURING FISCAL YEAR
99
2P4 67
2P18661
2P18663
2P18665
2P18667
2P18885
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BONDS
ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
(BOND N0. 1
2P18677
0,800,000 1
05/06 1
I
I EAST STATE STREET WATER
I
I MONTH AND YEAR OF ISSUE
02/54 1
(CURRENT INTEREST RATE
2.60 1
(OUTSTANDING BEGINNING OF YEAR
2P18671
$ 4,500 1
(ISSUED DURING FISCAL YEAR
2P18673
$ 0 I
IPAID DURING FISCAL YEAR
2P18675
$ 4,500 1
(OUTSTANDING END OF FISCAL YEAR
2P18677
0
$
(FINAL MATURITY DATE
2P18677
1
I FINAL MATURITY DATE
I
1
[BOND NO. 2
I
1976 WATER & SEWER IMPROVEMENTS
I
i
IMONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
6.00i
(OUTSTANDING BEGINNING OF YEAR
2P18671
00,000 1
IISSUED DURING FISCAL YEAR
2P18673
$ 0 I
I PAID DURING FISCAL YEAR
2P18675
$ 90,000 1
(OUTSTANDING END OF FISCAL YEAR 2P18677 $310.,000 1
IFINAL MATURITY.DATE 03 03 1
I 1
(BOND N0. 3 1
I 1986 PUBLIC IMPROVEMENTS I
(MONTH AND YEAR OF ISSUE 05/86 1
ICURRENT INTEREST RATE 6.80 1
IOUTSTANDING BEGINNING OF YEAR 2P18671 !-1,950,000 1
IISSUED DURING FISCAL YEAR 2P18673 $ D 1
[PAID DURING FISCAL YEAR 2P18675 $ 150,000 1
IOUTSTANDING END OF FISCAL YEAR
I FINAL MATURITY DATE
I
2P18677
0,800,000 1
05/06 1
I
(BOND N0. 4
1
I 1983 PUBLIC IMPROVEMENTS
I
;'MONTH AND YEAR OF ISSUE
g��,$�
(CURRENT INTEREST RATE
7.10 I
IOUTSTANDING BEGINNING OF YEAR
2P18671
$190,000 I
IISSUED DURING FISCAL YEAR
2P18673
$ 0
I PAID DURING FISCAL YEAR
2P18675
$ 40,000 1
IOUTSTANDING END OF FISCAL YEAR
2P18677
$ 150,000 1
I FINAL MATURITY DATE
I
06/98 I
I
100
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BONDS
I
(LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
I
I B O ND N O. 5 1989 PUBLIC IMPROVEMENT
(MONTH AND YEAR OF ISSUE 03/89 1
ICURRENT INTEREST RATE 7.30 1
IOUTSTANDING BEGINNING OF YEAR 2P18671 S 2,090,000 1
IISSUED DURING FISCAL YEAR 2P18673 S 0 1
(PAID DURING FISCAL YEAR 2P18675 S 125,000 I
IOUTSTANDING END OF FISCAL YEAR 2P18677 $ 1,965,000 1
[FINAL MATURITY DATE 03/08_1
1 I
(BOND NO.6 I
SCLIWC 1
(MONTH AND YEAR OF ISSUE
[CURRENT INTEREST RATE
(OUTSTANDING BEGINNING OF YEAR
IISSUED DURING FISCAL YEAR
(PAID DURING FISCAL YEAR
11/76_1
6.70 I
2P18671 S 718,8421
2PIS673 S 0_1
2P18675 S 239,613 1
(OUTSTANDING END OF FISCAL YEAR
2P18677
$
479,229 1
(FINAL MATURITY DATE
08/96
I
I
BOND NO. 7 SCLIWC ZEBRA MUSSEL PROJECT
IMONTH AND YEAR OF ISSUE
12/91
(CURRENT INTEREST RATE
6.00 I
IOUTSTANDING BEGINNING OF YEAR
2P18671
S
46,682 1
IISSUED DURING FISCAL YEAR
2P18673
S
1 01
(PAID DURING FISCAL YEAR
2P18675
S
5,187 1
IOUTSTANDING END OF FISCAL YEAR
2P18677
$
41,495 1
IFINAL MATURITY DATE
I
I
I
BOND NO. 8
1991 PUBLIC IMPROVEMENTS
(MONTH AND YEAR OF ISSUE
07/91_1
I CURRENT INTEREST RATE
6.625 I
(OUTSTANDING BEGINNING OF YEAR
2P18671
S
4,115,000 1
(ISSUED DURING FISCAL YEAR
2P18673
S
01
(PAID DURING FISCAL YEAR
2P18675
$
190,000 1
(OUTSTANDING END OF FISCAL YEAR
IFINAL MATURITY DATE
100
2P18677
3,925,000 1
07/111
1
STATEMENT OF INDEBTEDNESS
WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BONDS
I
(LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
IBOND NO. 9
I
I
$ 1
2P18673
$ 1
I SCLIWC - ZEBRA MUSSEL PROJECT
$ 1
1
IMONTH AND YEAR OF ISSUE
01/92_1
ICURRENT INTEREST RATE
6.00 1
(OUTSTANDING BEGINNING OF YEAR
2P18671
$
46.683 1
(ISSUED DURING FISCAL YEAR
2P18673
$
0 I
(PAID DURING FISCAL YEAR
2P18675
$
5,186 1
IOUTSTANDING END OF FISCAL YEAR
2P18677
$
41,497 I
IFINAL MATURITY DATE
I
I
I
(BOND NC 10
I SCLIWC - ZEBRA MUSSEL PROJECT
I
(MONTH AND YEAR OF ISSUE
I
01 I
(CURRENT INTEREST RATE
4.50 1
(OUTSTANDING BEGINNING OF YEAR
2P18671
$46,683i
(ISSUED DURING FISCAL YEAR
2P18673
$
0 i
IPAID DURING FISCAL YEAR
2P18675
$
5,1861
IOUTSTANDING END OF FISCAL YEAR 2P18677 $ 41,497 1
IFINAL MATURITY DATE 0 0 1
I I
IBOND NO.
I
(MONTH AND YEAR OF ISSUE
ICURRENT INTEREST RATE
(OUTSTANDING BEGINNING OF YEAR
IISSUED DURING FISCAL YEAR
IPAID DURING FISCAL YEAR
(OUTSTANDING END OF FISCAL YEAR
(FINAL MATURITY DATE
I
TOTAL BONDS
OUTSTANDING BEGINNING OF YEAR
ISSUED DURING FISCAL YEAR
PAID DURING FISCAL YEAR
OUTSTANDING END OF FISCAL YEAR
101
2P18671
I
I
$ 1
2P18673
$ 1
2P18675
$ 1
2P18677
AMOUNT
$ 9,608,390
$ 0
$ 854,672
$ 8,753,718
STATEMENT OF INDEBTEDNESS
INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
CAPITAL NOTES
I
I
(LIST SEPARATELY BY DATE OF ISSUE
I
EDPCODE
AMOUNT [
I
ICAPITAL NOTE NO. 1
I
I
I
(MONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
2P18751
S [
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18753
$ I
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18755
s I
IOUTSTANDING END OF FISCAL YEAR
2P18757
5 I
IFINAL MATURITY DATE
I
I
ICAPITAL NOTE NO. 2
I
i
I
(MONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
(OUTSTANDING BEGINNING OF YEAR
2P18751
S I
(ISSUED DURING FISCAL YEAR
I (DO NOT INCLUDE RENEWALS HERE)
2P18753
$ I
[PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18755
S ]
IOUTSTANDING END OF FISCAL YEAR
2P18757
S I
]FINAL MATURITY DATE
I
I
I
(CAPITAL NOTE NO. 3
I
I
(MONTH AND YEAR OF ISSUE
]
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
2P18751
S ]
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18753
S I
(PAID DURING FISCAL YEAR
]
I (DO NOT INCLUDE RENEWALS HERE)
2P18755
S I
(OUTSTANDING END OF FISCAL YEAR
2P18757
S I
IFINAL MATURITY DATE
I
]
i
TOTAL CAPITAL NOTES
AMOUNT
OUTSTANDING BEGINNING OF YEAR
g
ISSUED DURING FISCAL YEAR
$
PAID DURING FISCAL YEAR
g
OUTSTANDING END OF FISCAL YEAR
g
102
STATEMENT OF INDEBTEDNESS
INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BOND ANTICIPATION NOTES
I
(LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
I
(BOND ANTICIPATION NOTE NO. 1
IMONTH AND YEAR OF ISSUE
2P18767
I
ICURRENT INTEREST RATE
I
IOUTSTANDING BEGINNING OF YEAR
2P18761
S I
IISSUED DURING FISCAL YEAR
I
(DO NOT INCLUDE RENEWALS HERE)
2P18763
S I
IPAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18765
5 I
(OUTSTANDING END OF FISCAL YEAR
2P18767
S I
IFINAL MATURITY DATE
I
I
I
(BOND ANTICIPATION NOTE NO. 2
I
2P18763
I
I
(MONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
2P18765
I
(OUTSTANDING BEGINNING OF YEAR
2P18761
S I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18763
$ I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18765
S I
(OUTSTANDING END OF FISCAL YEAR
2P18767
S I
(FINAL MATURITY DATE
I
I
I
(BOND ANTICIPATION NOTE NO. 3
I
I
I
(MONTH AND YEAR OF ISSUE
I
(CURRENT INTEREST RATE
I
(OUTSTANDING BEGINNING OF YEAR
2P18761
S I
(ISSUED DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18763
S I
(PAID DURING FISCAL YEAR
I
I (DO NOT INCLUDE RENEWALS HERE)
2P18765
S I
(OUTSTANDING END OF FISCAL YEAR
IFINAL MATURITY DATE
I
103
2PIS767
STATEMENT OF INDEBTEDNESS
INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BOND ANTICIPATION NOTES
I
1
ILIST SEPARATELY BY DATE OF ISSUE
I
EDPCODE
AMOUNT 1
I
(BOND ANTICIPATION NOTE NO. 4
1
1
1
(MONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18761
S I
IISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18763
S I
(PAID DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18765
5 I
IOUTSTANDING END OF FISCAL YEAR
2P18767
S 1
IFINAL MATURITY DATE
I
1
1
(BOND ANTICIPATION NOTE NO. 5
I
1
1
IMONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18761
5 I
(ISSUED DURING FISCAL YEAR
1
(DO NOT INCLUDE RENEWALS HERE)
2P18763
$ 1
(PAID DURING FISCAL YEAR
1
1 (DO NOT INCLUDE RENEWALS HERE)
2P18765
S 1
(OUTSTANDING END OF FISCAL YEAR
2P18767
S 1
IFINAL MATURITY DATE
I
1
1
IBOND ANTICIPATION NOTE NO. 6
1
1
1
IMONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
i
(OUTSTANDING BEGINNING OF YEAR
2P18761
S I
IISSUED DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18763
S 1
(PAID DURING FISCAL YEAR
1
I (DO NOT INCLUDE RENEWALS HERE)
2P18765
S 1
(OUTSTANDING END OF FISCAL YEAR
2P18767
$ I
IFINAL MATURITY DATE
I
1
1
TOTAL BOND ANTICIPATION NOTES
AMOUNT
OUTSTANDING BEGINNING OF YEAR
ISSUED DURING FISCAL YEAR
PAID DURING FISCAL YEAR
OUTSTANDING END OF FISCAL YEAR
*** BOND ANTICIPATION NOTES REDEEMED
FROM BOND PROCEEDS DURING FISCAL
YEAR
104
2P18885
STATEMENT OF INDEBTEDNESS
INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BONDS
I
(LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
I
(BOND NO. 1
(MONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18771
$ I
IISSUED DURING FISCAL YEAR
2P18773
S I
(PAID DURING FISCAL YEAR
2P18775
S I
(OUTSTANDING END OF FISCAL YEAR
2P18777
$ I
(FINAL MATURITY DATE
1
1
(BOND NO. 2
1
1
1
(MONTH AND YEAR OF ISSUE
1
(CURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18771
S I
(ISSUED DURING FISCAL YEAR
2P18773
S I
IPAID DURING FISCAL YEAR
2PI8775
S I
(OUTSTANDING END OF FISCAL YEAR
2P18777
5 I
(FINAL MATURITY DATE
I
1
1
(BOND NO. 3
I
1
1
(MONTH AND YEAR OF ISSUE
1
ICURRENT INTEREST RATE
1
(OUTSTANDING BEGINNING OF YEAR
2P18771
$ I
IISSUED DURING FISCAL YEAR
2P18773
S I
(PAID DURING FISCAL YEAR
2P18775
S 1
(OUTSTANDING END OF FISCAL YEAR 2P18777 S I
(FINAL MATURITY DATE 1
I I
(BOND NO. 4 1
1 1
(MONTH AND YEAR OF ISSUE 1
(CURRENT INTEREST RATE 1
IOUTSTANDING BEGINNING OF YEAR 2P18771 S 1
(ISSUED DURING FISCAL YEAR 2P18773 $ I
(PAID DURING FISCAL YEAR 2PI8775 S I
(OUTSTANDING END OF FISCAL YEAR
IFINAL MATURITY DATE
I
105
2P18777 S I
I
I
STATEMENT OF INDEBTEDNESS
INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BONDS
I
(LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT
I
(BOND NO. 5
(MONTH AND YEAR OF ISSUE I
ICURRENT INTEREST RATE I
IOUTSTANDING BEGINNING OF YEAR 2P18771 $ I
IISSUED DURING FISCAL YEAR 2P18773 $ _I
IPAID DURING FISCAL YEAR 2P18775 S I
IOUTSTANDING END OF FISCAL YEAR 2P18777 S
(FINAL MATURITY DATE
IBOND NO. 6
IMONTH AND YEAR OF ISSUE
ICURRENT INTEREST RATE
IOUTSTANDING BEGINNING OF YEAR
2P18771
$ I
IISSUED DURING FISCAL YEAR
2P18773
$ I
IPAID DURING FISCAL YEAR
2P18775
$ I
(OUTSTANDING END OF FISCAL YEAR
2P18777
$ I
IFINAL MATURITY DATE
I
I
I
IBOND NO. 7
I
I
I
(MONTH AND YEAR OF ISSUE
I
ICURRENT INTEREST RATE
I
IOUTSTANDING BEGINNING OF YEAR
2P18771
$ I
IISSUED DURING FISCAL YEAR
2P18773
$ I
IPAID DURING FISCAL YEAR
2P18775
$ I
(OUTSTANDING END OF FISCAL YEAR
2P18777
S I
(FINAL MATURITY DATE
I
I
I
TOTAL BONDS
AMOUNT
OUTSTANDING BEGINNING OF YEAR
$
ISSUED DURING FISCAL YEAR
$
PAID DURING FISCAL YEAR
$
OUTSTANDING END OF FISCAL YEAR
$
106
STATEMENT OF INDEBTEDNESS
INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
STATE OR AUTHORITY LOANS
I
ISTATE OR AUTHORITY LOANS EDPCODE AMOUNT
IMONTH AND YEAR OF ISSUE I
(CURRENT INTEREST RATE I
IOUTSTANDING BEGINNING OF YEAR 2P18791 S I
(ISSUED DURING FISCAL YEAR 2P18793 S I
(PAID DURING FISCAL YEAR 2P18795 S I
[OUTSTANDING END OF FISCAL YEAR 2P18797 $ I
IFINAL MATURITY DATE I
TOTAL OF ALL INDEBTEDNESS
INCLUDES'TOTAL OF ALL BONDS AND NOTES - EXEMPT AND NOT EXEMPT
OUTSTANDING BEGINNING OF YEAR g
ISSUED DURING FISCAL YEAR S
PAID DURING FISCAL YEAR S
OUTSTANDING END OF FISCAL YEAR S
107
OSC DATA ENTRY
DO NOT KEY
INDEBTEDNESS BY PURPOSE
FOR CAPITAL NOTES AND BOND ANTICIPATION NOTES
EXEMPT FROM CONSTITUTIONAL DEBT LIMIT
BREAKDOWN OF OUTSTANDING BALANCE BY PURPOSE I
I I I OTHER (PLEASE SPECIFY)( EXEMPT I DATE OF
I I TAX I FROM DEBTIISSUE OR
SANITARY I I INCREMENT I I I LIMIT (LATEST
SEWER I WATER I FINANCING I I I IRENEWAL
81 I 83 I 20 I I I IMONTH/YR
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I
I i I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I I I I I I
I i I I I I
I I I I I I
I I I I I I
I I i I I I
-- FOR EACH OF THE OUTSTANDING NON -CHARGEABLE BOND ANTICIPATION NOTES AND
CAPITAL NOTES, PLEASE PUT THE OUTSTANDING AMOUNTS UNDER THE APPROPRIATE
COLUMN HEADINGS. THESE AMOUNTS MUST BE IN WHOLE DOLLARS ONLY
108
MATURITY SCHEDULE
USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR
109
JEDPCODE I
PURPOSE OF ISSUE
I I I I I
I I I I I
I I I I I
FOR STATE COMPTROLLERI 2P3CE
USE ONLY
I I I I I
TOTAL PRINCIPAL
I
12P3PR I I I I
DATE OF ISSUE
I I I I I
12P3DT I I I I
INTEREST RATE
I I I I I
12P3PC I I I I
(IN DECIMALS)
I I I I I
MONTH, DAY AND YEAR
I I I I I
12P3DM I I I I
OF FINAL MATURITY
! I I I I
AMOUNT OF PRINCIPAL
I I I I I
12P394 I I I I
REDEEMED IN OR TO BE
I I I I I
REDEEMED IN FISCAL
12P395 I I I I
YEAR ENDING IN
I I I I I
(THE LAST TWO DIGITS
12P396 I I I I
OF THE EDP CODE
CORRESPOND TO THE
12P397 I I I I
FISCAL YEAR ENDED)
12P398 I I I I
I I I I !
12P399 I I I I
I i I I I
12P300 I I I I
I I I I I
12P301 I I I I
12P302 I I I I
I I I I I
12P303 I I I I
I I I I I
12P304 I I I I
i I I I I
12P305 I I I I
I I I I I
12P306 I I I I
I i I I i
12P307 I I I I
I I I I I
12P308 I I I I
I I i I I
12P309 I I I I
I
I I I I
12P310 I I I I
I I I I I
12P311 I I I I
I I I I I
109
MATURITY SCHEDULE
USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR (CONTINUED)
IEDPCODE I I I I
I I I I I
AMOUNT OF PRINCIPAL 12P312 I I I I
REDEEMED IN OR TO BE I I I I I
REDEEMED IN FISCAL 12P313 I I I I
YEAR ENDING IN I I I I I
(THE LAST TWO DIGITS 12P314 I I I I
OF THE EDP CODE I I I I I
CORRESPOND TO THE 12P315 I I I I
FISCAL YEAR ENDED) I I I I I
12P316 I I I I
I I I i I
2P317 I I I I
I I I I I
12P318 I I I I
I I I i I
12P319 I I I I
I I I I I
12P320 I I I I
I I I I I
12P321 I I I
I I I i I
12P322 I I I I
I I I I I
12P323 I I I I
I I I I I
12P324 I I I I
I I I I I
12P325 I I I I
I I I I I
12P326 I I I I
I I I I I
12P327
I i I I I
12P328
I I I I I
12P329 I I I I
I f I I I
12P330 I I I I
I I I I I
12P331 I I I I
I I I I I
i 2P332 I I I I
I I I I I
i 2P333 I I I I
I I I I I
12P334 I I I I
i I i I I
I I I I I
I I I I I
I TOTAL I I I I
I I I I I
110
TOWN OF ITHACA
STATEMENT OF INDEBTEDNESS
SCHEDULE FOR REPORTING VARIABLE RATE,
DISCOUNTED, AND/OR NEGOTIATED BONDS & NOTES
(PLEASE COMPLETE A SEPARATE SCHEDULE FOR EACH DEBT ISSUE)
FISCAL YEAR ENDED 1994 ONLY
CCODE
EDP CODE AMOUNT
-------- ---------
TYPE OF DEBT INSTRUMENT: PLEASE ENTER 1 FOR A
BOND, 2 F.OR A BOND ANTICIPATION NOTE,
OR 3 FOR OTHER NOTES. 6PKOD
AMOUNT OF ISSUE 6PPR
WAS THIS ISSUE SOLD COMPETITIVELY OR THROUGH
NEGOTIATED SALE? PLEASE ENTER 1 IF SOLD
COMPETITIVELY, 2 IF NEGOTIATED SALE. 6PTOS
CREDIT RATING
WHICH ORGANIZATION RATED THE ISSUE?.
DATE OF ISSUE 6PDT
MONTH, DAY AND YEAR OF FINAL MATURITY
6PDM
LOCAL FINANCE LAW SECTION 11 SUBSECTION
AUTHORIZING ISSUANCE
6PPU
PURPOSE OF ISSUE
6PPOI
TYPE OF INTEREST RATE: PLEASE ENTER 1 IF FIXED,
2 IF VARIABLE, 3 IFSOLD AT DISCOUNT.
6PTIR
INTEREST RATE ON DATE OF ISSUE
6PIR
PAR VALUE
6PPV
PREMIUM AND ACCRUED INTEREST
6PAI
AMOUNT OF SALE/TOTAL PROCEEDS
6PSTP
LESS:
COST OF ISSUANCE
ORIGINAL ISSUE DISCOUNT
6POID
UNDERWRITERS DISCOUNT
6PUD
LETTER OF CREDIT
6PLC
LIQUIDITY FACILITY
6PLF
OTHER COSTS OF ISSUANCE
6POCI
TOTAL COSTS OF ISSUANCE
6PTC
NET PROCEEDS AVAILABLE FOR PURPOSE OF ISSUE
6PNP
111
S
TOWN OF ITHACA
SCHEDULE FOR REPORTING ALL INSTALLMENT
PURCHASE CONTRACTS/CERTIFICATES OF PARTICIPATION (COPS)
(COMPLETE A SEPARATE SET OF FORMS FOR EACH TRANSACTION)
FISCAL YEAR ENDED 1994 ONLY
CCODE
PURCHASE CONTRACTS EDPCODE AMOUNT
------------------
------- ---------
PURPOSE IBM SYSTO.1 36 COMPUTER 3PPIO 4,540
(IDENTIFY CAPITAL IMPROVEMENT/PURCHASE)
NAME OF VENDOR IBM PLEASE ENTER 1 IF THE
CONTRACT WAS FINANCED BY VENDOR FINANCING OR ENTER 2 IF
NON -VENDOR THIRD PARTY FINANCING WAS UTILIZED. 3PVEND
COST OF CAPITAL IMPROVEMENT (EXCLUDING FINANCING COST)
DATE OF CONTRACT
DATE OF FIRST PAYMENT ON CONTRACT
DATE OF LAST PAYMENT ON CONTRACT
FINANCING TERMS
---------------
DOWNPAYMENT
3PCCI S
3PDC
3PFP
3PLP
1
03/ 30/90
04/ 07/90
04/ 07/95
3PDP S 0
INTEREST RATE SET FORTH IN INSTALLMENT PURCHASE CONTRACT 3PIPIR 8.15 Y.
TOTAL PRINCIPAL AMOUNT OF INSTALLMENT PURCHASE CONTRACT
(EXCLUDING INTEREST) 3PAIPC S 37,649
AMOUNT OF CURRENT YEAR PRINCIPAL PAYMENT ON CONTRACT 3PCYPP S 9,704
(PLEASE COMPLETE AN AMORTIZATION SCHEDULE ON THE,
FOLLOWING PAGE FOR EACH INSTALLMENT PURCHASE CONTRACT.)
TOTAL AMOUNT OF UNPAID PERIODIC PAYMENTS (EXCLUDING
INTEREST) OUTSTANDING AT THE END OF THE CURRENT YEAR
LENGTH OF THE INSTALLMENT PURCHASE CONTRACT
CERTIFICATES OF PARTICIPATION (COPS)
------------------------------------
WERE COPS ISSUED IN CONNECTION WITH THIS INSTALLMENT
PURCHASE CONTRACT? (PLEASE ENTER 1 IF YES, 2 IF NO.)
IF COPS WERE ISSUED, WERE THEY SOLD AT A
COMPETITIVE OR NEGOTIATED SALE?
(PLEASE ENTER 1 IF COMPETITIVE, 2 IF NEGOTIATED.)
NAME OF ISSUER OF COPS
AMOUNT OF COPS ISSUED
NET INTEREST RATE FOR COPS
WAS THIS AN AGGREGATED OR POOLED ARRANGEMENT? (PLEASE
ENTER 1 IF AGGREGATED, 2 IF POOLED, OR 3 IF NEITHER.)
112
3PUPP S 845
3PLIPC 5 YRS
3PCOPS
3PCOPCN
3PCOPNM
3PCOPPR $
3PCOPIR
3PCOPAP
TOWN OF ITHACA
AMORTIZATION SCHEDULE FOR
INSTALLMENT PURCHASE CONTRACTS
AMOUNT OF PRINCIPAL TO BE REDEEMED IN (THE LAST TWO YEARS OF THE EDP CODE
CORRESPOND TO THE FISCAL YEAR END)
CCODE
CCODE
EDPCODE PRINCIPAL AMOUNT DUE
------- --------------------
EDPCODE PRINCIPAL AMOUNT DUE
------- --------------------
3-94 q,7nq
3P0 9
3P95 844;
3P10
3P96
3P11
3P97
3P12
3P98
3P13
3P99
3P14
3P00
3P15
3P01
3P16
3P02
3P17
3P03
3P18
3PO4
3P19
3P05
3P20
3P06
3P21
3P07
3P22
3P08
3P23
113
SCHEDULE OF SECURITIES FOR COLLATERALIZATION
GENERAL MUNICIPAL LAW SECTION 10 AS AMENDED BY CHAPTER 708 LAWS
LISTS ELEVEN TYPES OF SECURITIES WHICH MAY BE PLEDGED FOR
COLLATERALIZATION. PLEASE PUT A 1 IN THE RESPONSE COLUMN ON THE
NEXT TO TO THE TYPE(S) OF SECURITIES USED BY BANKS AS COLLATERAL
YOUR DEPOSITS.
ELIGIBLE SECURITIES EDPCODE
-------------------
1. OBLIGATIONS ISSUED BY THE UNITED STATES OF 9ZSEC01
AMERICA, AN AGENCY THEREOF OR A UNITED STATES
SPONSORED CORPORATION OR OBLIGATIONS FULLY
INSURED OR GUARANTEED AS TO THE PAYMENT OF
PRINCIPAL AND INTEREST BY THE UNITED STATES OF
AMERICA, AN AGENCY THEREOF OR A UNITED STATES
GOVERNMENT SPONSORED CORPORATION.
2. OBLIGATIONS ISSUED OR FULLY GUARANTEED BY THE 9ZSECO2
INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT, THE INTER -AMERICAN DEVELOPMENT
BANK, THE ASIAN DEVELOPMENT BANK, AND THE
AFRICAN DEVELOPMENT BANK.
3. OBLIGATIONS PARTIALLY INSURED OR GUARANTEED BY 9ZSEC03
ANY AGENCY OF THE UNITED STATES OF AMERICA, AT
A PROPORTION OF THE MARKET VALUE OF THE
OBLIGATION THAT REPRESENTS THE AMOUNT OF THE
INSURANCE OR GUARANTY.
4. OBLIGATIONS ISSUED OR FULLY INSURED OR 9ZSEC04
GUARANTEED BY THIS STATE, OBLIGATIONS BY A
MUNICIPAL CORPORATION, SCHOOL DISTRICT OR
DISTRICT CORPORATION OF THIS STATE OR
OBLIGATIONS OF ANY PUBLIC BENEFIT CORPORATION
WHICH UNDER A SPECIFIC STATE STATUTE MAY BE
ACCEPTED AS SECURITY FOR DEPOSIT OF PUBLIC
MONEYS.
5. OBLIGATIONS ISSUED BY STATES (OTHER THAN THIS 9ZSEC05
STATE) OF THE UNITED STATES RATED IN ONE OF THE
THREE HIGHEST RATING CATEGORIES BY AT LEAST ONE
NATIONALLY RECOGNIZED STATISTICAL RATING
ORGANIZATION.
6. OBLIGATIONS OF PUERTO RICO RATED IN ONE OF 9ZSEC06
THREE HIGHEST RATINGS CATEGORIES BY AT LEAST
ONE NATIONALLY RECOGNIZED STATISTICAL RATING
ORGANIZATION.
114
OF 1992
LINES)
FOR
RESPONSE
1
SCHEDULE OF SECURITIES FOR COLLATERALIZATION
ELIGIBLE SECURITIES EDPCODE
-------------------
7. OBLIGATIONS OF COUNTIES, CITIES, AND OTHER 9ZSEC07
GOVERNMENTAL ENTITIES OF ANOTHER STATE HAVING
THE POWER TO LEVY TAXES THAT ARE BACKED BY THE
FULL FAITH AND CREDIT OF SUCH GOVERNMENTAL
ENTITY AND RATED IN ONE OF THE THREE HIGHEST
RATING CATEGORIES BY AT LEAST ONE NATIONALLY
RECOGNIZED STATISTICAL RATING ORGANIZATION.
8. OBLIGATIONS OF DOMESTIC CORPORATIONS RATED IN 9ZSEC08
ONE OF THE TWO HIGHEST RATING CATEGORIES BY AT
LEAST ONE NATIONALLY RECOGNIZED -STATISTICAL
RATING ORGANIZATION.
9. ANY MORTGAGE RELATED SECURITIES, AS DEFINED IN 9ZSEC09
THE SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED, WHICH MAY BE PURCHASED BY BANKS UNDER
THE LIMITATIONS ESTABLISHED BY FEDERAL BANK
REGULATORY AGENCIES.
10. COMMERCIAL PAPER AND BANKERS' ACCEPTANCES 9ZSEC10
ISSUED BY A BANK (OTHER THAN THE BANK WITH
WHICH THE MONEY IS BEING DEPOSITED OR INVESTED)
RATED IN THE HIGHEST SHORT-TERM CATEGORY BY AT
LEAST ONE NATIONALLY RECOGNIZED STATISTICAL
RATING ORGANIZATION AND HAVING MATURITIES OF
NOT LONGER THAN SIXTY DAYS FROM THE DATE THEY
ARE PLEDGED.
11. ZERO-COUPON OBLIGATIONS OF TEH UNITED STATES 9ZSEC11
GOVERNMENT MARKETED AS "TREASURY STRIPS."
12. LETTERS OF CREDIT 9ZSEC12
13. SURETY BONDS 9ZSEC13
115
RESPONSE
SCHEDULE OF TIME DEPOSITS AND INVESTMENTS
OTHER THAN RESERVE FUNDS EDPCODE
CASH:
ON HAND
DEMAND DEPOSITS
TIME DEPOSITS
TOTAL
COLLATERAL:
- FDIC INSURANCE
- SECURITIES LOCATED:
(1) IN POSSESSION OF MUNICIPALITY
(2) HELD BY THIRD PARTY CUSTODIAL BANK
(3) HELD BY TRADING COUNTER PARTNER
INVESTMENTS:
SECURITIES (450)
*BOOK VALUE (COST)
*MARKET VALUE AT BALANCE SHEET DATE
*SECURITIES LOCATED:
(1) IN POSSESSION OF MUNICIPALITY
(2) HELD BY THIRD PARTY CUSTODIAL BANK
(3) HELD BY TRADING COUNTER PARTNER
REPURCHASE AGREEMENTS (451)
*BOOK VALUE (COST)
*MARKET VALUE AT BALANCE SHEET DATE
*SECURITIES LOCATED:
(1) ,IN POSSESSION OF MUNICIPALITY
(2) HELD BY THIRD PARTY CUSTODIAL BANK
(3) HELD BY TRADING COUNTER PARTNER
116
AMOUNT
9Z2001 700
9Z2021 158,977
9Z2011 1,690,561
1,850,238
9Z2014 100,000
9Z2014A
9Z2014B 1,750,238
9Z2014C
9Z4501
9Z4502 _
9Z4504A
9Z4504B
9Z4504C
9Z4511 760,000
9Z4512
9Z4514A
9Z4514B
9Z4514C
SCHEDULE OF TIME DEPOSITS AND INVESTMENTS
RESERVE FUNDS EDPCODE
CASH (ALL RESERVE FUNDS):
ON HAND
DEMAND DEPOSITS
TIME DEPOSITS
TOTAL
COLLATERAL:
- FDIC INSURANCE
- SECURITIES LOCATED:
(1) IN POSSESSION OF MUNICIPALITY
(2) HELD BY THIRD PARTY CUSTODIAL BANK
(3) HELD BY TRADING COUNTER PARTNER
INVESTMENTS (ALL RESERVE FUNDS)
- SECURITIES (450)
*BOOK VALUE (COST)
*MARKET VALUE AT BALANCE SHEET DATE
*SECURITIES LOCATED:
(1) IN POSSESSION OF MUNICIPALITY
(2) HELD BY THIRD PARTY CUSTODIAL BANK
(3) HELD BY TRADING COUNTER PARTNER
REPURCHASE AGREEMENTS (ALL RESERVE FUNDS) (451)
*BOOK VALUE (COST)
*MARKET VALUE AT BALANCE SHEET DATE
*SECURITIES LOCATED:
(1) POSSESSION OF MUNICIPALITY
(2) HELD BY THIRD PARTY CUSTODIAL BANK
(3) HELD BY TRADING COUNTER PARTNER
117
9Z2301
9Z2311
9Z2321
9Z2324
9Z2324A
9Z2324B
9Z2324C
9Z4521
9Z4522
9Z4524A
9Z4524B
9Z4524C
9Z4531
9Z4532
9Z4534A
9Z4534B
9Z4534C
AMOUNT
THIS FORM MUST BE COMPLETED UNLESS THESE FINANCIAL
STATEMENTS WILL BE AUDITED BY AN INDEPENDENT PUBLIC ACCOUNTANT.
BANK RECONCILIATION
INCLUDE ALL CHECKING, SAVINGS AND C.D. ACCOUNTS
BANK ADD: LESS: ADJUSTED
ACCOUNT BANK DEPOSITS OUTSTANDING BANK
NUMBER BALANCE IN TRANSIT CHECKS BALANCE
EDP CODE
TOTAL ADJUSTED BANK BALANCE --------
PETTY CASH
ADJUSTMENTS (SPECIFY)
TOTAL CASH 9ZCASH
TOTAL CASH BALANCE ALL FUNDS 9ZCASHB
* MUST BE EQUAL
118
REAL PROPERTY TAX LEVY AND RELATED INFORMATION
CURRENT YEAR TAX LEVY AND COLLECTIONS
COUNTIES, CITIES, VILLAGES, AND WESTCHESTER COUNTY TOWNS
TAXES ON ROLL $
ADD:RELEVIED TAXES S
ADD:OTHER $
TOTAL TAXES AND OTHER ITEMS ON WARRANT $
DEDUCT:CANCELLATIONS AND ADJUSTMENTS ( )
DEDUCT:OTHER ( )
TOTAL TAXES AND OTHER ITEMS
TO BE COLLECTED $ (B)
DEDUCT TOTAL TAXES AND OTHER ITEMS
ACTUALLY COLLECTED ( )(A)
UNCOLLECTED TAXES AND OTHER ITEMS $
TAX COLLECTION PERFORMANCE (A DIVIDED BY B)
NEAREST HUNDREDTH PERCENT
AMOUNT
ANALYSIS OF UNCOLLECTED TAXES AND OTHER ITEMS - BY YEAR
A300 A320 A330 A
TAXES RE- TAX SALE PROPERTY OTHER
CEIVABLES CERTIFI- ACQUIRED
PENDING CATES FOR TAXES TOTAL
CURRENT YEAR
PRIOR YEARS:
TOTAL
19_ $ $ $ $ $
119
S S S
TOWN OF ITHACA
LOCAL GOVERNMENT QUESTIONNAIRE
EDP
CODE RESPONSE
----- ---------
WILL OR HAVE THE FINANCIAL STATEMENTS FOR YOUR
LOCAL GOVERNMENT BE INDEPENDENTLY AUDITED?
(IF YES ENTER 1, IF NO ENTER 2) 9ZACO 1
2. IF THE ANSWER TO QUESTION 1 ABOVE IS YES,
PLEASE COMPLETE THE FOLLOWING:
NAME OF AUDITING FIRM' Ciaschi, Dietershagen 9ZIAC
Little, & Mickelson
ADDRESS OF AUDITING FIRM
STREET 118 Prospect Street
CITY Ithaca
STATE AND ZIP CODE New York 14850
3. DOES YOUR LOCAL GOVERNMENT PARTICIPATE IN AN
INSURANCE POOL WITH OTHER LOCAL GOVERNMENT?
(IF YES ENTER 1, IF NO ENTER 2) 9ZLY31 2
4. IF THE ANSWER TO QUESTION 3 ABOVE IS YES,
PLEASE COMPLETE THE FOLLOWING:
NAME OF POOL
TYPE OF INSURANCE
120
TOWN OF ITHACA
NOTICE OF TORT CLAIMS
FOR THE FISCAL YEAR ENDED 1994
121
TOTAL
TOTAL
NUMBER OF CLAIMS
AMOUNT
OF CLAIMS
EDPCODE
NUMBER
EDPCODE
AMOUNT
CLAIMS PENDING
-BEGINNING OF YEAR
*CLAIMS OTHER THAN
CODEFENDANT/THIRD PARTY
9ZTR15
2
9ZTR16
1,109
*CLAIMS INVOLVING
CODEFENDANT/THIRD PARTY
9ZTRI0
-0-
9ZTR11
-0-
PLUS:
NOTICES FILED DURING YEAR
*OTHER THAN
CODEFENDANT/THIRD PARTY
9ZTR25
4
9ZTR26
20,390
*INVOLVING CODEFENDANT/
THIRD PARTY DEFENDANT
9ZTR20
1
9ZTR21
Unknown
LESS:
- CLAIMS DISPOSED OF DURING
YEAR PRIOR TO COMMENCEMENT
OF COURT ACTION:
* BY LOCALITY
9ZTR30
3
9ZTR31
-0-
* BY INSURANCE CARRIER
9ZTR40
-0-
9ZTR41
-0-
- CLAIMS DISPOSED OF DURING
YEAR AFTER COMMENCEMENT
OF COURT ACTION:
* BY LOCALITY
9ZTR50
-0-
9ZTR51
-0-
* BY INSURANCE CARRIER
9ZTR60
2
9ZTR61
1,109
* BY JUDGMENT
9ZTR70
-0-
9ZTR71
-0-
- OTHER
9ZTR80
-0-
9ZTR81
-0-
EQUALS:
CLAIMS PENDING
-END OF YEAR
*CLAIMS OTHER THAN
CODEFENDANT/THIRD PARTY
9ZTR95
1
9ZTR96
19,340
*CLAIMS INVOLVING
CODEFENDANT/THIRD PARTY
9ZTR90
1
9ZTR91
Unknown
121
TOWN OF ITHACA
NOTICE OF TORT CLAIMS
FOR THE FISCAL YEAR ENDED 1994
NAME
Joan Lent Noteboom
Town Clerk
TITLE
126 East Seneca St., Ithaca, NY 14850
ADDRESS
( 607 ) 273-1721
PHONE NUMBER
122
AMOUNT PAID
EDPCODE
ON CLAIMS
- CLAIMS DISPOSED OF DURING
YEAR PRIOR TO COMMENCEMENT
OF COURT ACTION:
* BY LOCALITY 9ZTR32
-0-
* BY INSURANCE CARRIER 9ZTR42
-0-
COLUMN (2)
COLUMN (1)
MUNICIPALITY
NUMBER
EQUITABLE
EDPCODE
ON CLAIMS #
EDPCODE
SHARE
- CLAIMS DISPOSED OF DURING
YEAR AFTER COMMENCEMENT
OF COURT ACTION:
* BY LOCALITY 9ZTR54
-0-
9ZTR56
-0-
* BY INSURANCE CARRIER 9ZTR64
2
9ZTR66
1,109
* BY JUDGMENT 9ZTR74
-0-
9ZTR76
-0-
OTHER 9ZTR84
-0-
9ZTR86
-0-
COLUMN (4)
AMOUNT PAID
GREATER THAN
COLUMN (3)
MUNICIPALITY
AMOUNT PAID
EQUITABLE
EDPCODE
ON CLAIMS
EDPCODE
SHARE ##
- CLAIMS DISPOSED OF DURING
YEAR AFTER COMMENCEMENT
OF COURT ACTION:
* BY LOCALITY 9ZTR52
-0-
9ZTR58
-0-
* BY INSURANCE CARRIER 9ZTR62
1,109
9ZTR68
-0-
* BY JUDGMENT 9ZTR72
-0-
9ZTR78
-0-
* OTHER 9ZTR82
-0-
9ZTR88
-0-
# THIS IS THE NUMBER OF CLAIMS (COLUMN
1) DISPOSED
OF DURING THE
YEAR WHERE
THE SETTLEMENT WAS DETERMINED IN ACCORDANCE
WITH THE
RELATIVE
CULPABILITY
OF EACH PARTY PURSUANT TO AN ITEMIZED
DECISION OR JURY
VERDICT
AND WHERE
THE AMOUNT WAS GREATER THAN THE MUNICIPALIT,Y'S
EQUITABLE
SHARE.
THE
MUNICIPALITY'S EQUITABLE SHARE IS TO
BE ENTERED IN
COLUMN 2.
## THIS IS THE AMOUNT PAID BY THE MUNICIPALITY
WHICH
IS GREATER
THAN THE
MUNICIPALITY'S EQUITABLE SHARE IN ACCORDANCE
WITH THE
RELATIVE
CULPABILITY
OF PARTIES PURSUANT TO AN ITEMIZED DECISION
OR JURY
VERDICT.
NOTICE OF TORT CLAIMS REPORT PREPARED
ON 3/8/94
BY
DATE
NAME
Joan Lent Noteboom
Town Clerk
TITLE
126 East Seneca St., Ithaca, NY 14850
ADDRESS
( 607 ) 273-1721
PHONE NUMBER
122
NOTICE OF TORT CLAIMS
FOR THE FISCAL YEAR ENDED 1994
Notes:
No. Total Amt.
Claims pending - beginning of year
"Claims other than co-defendant/Third Party 2 1,109.00'
Total amount differs from claims pending end of year 1993, because
the amount of claim was not known until settlement on 08/22/94.
Claims pending end of year involving co-defendant/third party:
Town of Ithaca named as co-defendant, however, Attorney for the
Town has determined and filed that Town was wrongly named, because
location of accident was State Highway, Town has no jurisdiction.
TOWN OF ITHACA
NOTES TO FINANCIAL STATEMENTS
For the Fiscal Year Ended December 31, 1994
I. SLU*MY OF SIGNIFICAATT ACCOUNMG POLICIES
The financial statements of the Town of Ithaca have been
prepared in conformity with generally accepted accounting
principles (GAAP) as applied to government units. The
Governmental Accounting Standards Board (GASB) is the
accepted standard setting body for establishing governmental
accounting and financial reporting principles. The more significant of
the government's accounting policies are described below.
A. FINANCIAL REPORTING ENTITY
The Town of Ithaca, which was established in 1821, is governed by Town
Law and other general laws of the State of New York and various local
laws. The Town Board is the legislative body responsible for overall
operations, the Town Supervisor serves as Chief Executive Officer and
Chief Fiscal Officer. At the November 1994 elections, by popular vote,
the term of the Town Supervisor was extended to four years.
1. Excluded from the Reporting Entity
Although the following organizations, functions or activities
are related to the Town of Ithaca, they are not included in the Town
of Ithaca reporting entity.
The following are activities undertaken jointly with other
municipalities and are excluded from the financial statements. See
Note III for additional disclosure regarding joint ventures.
Ithaca Area Wastewater Treatment Plant, with the Town of Dryden and
City of Ithaca.
2. The Southern Cavuaa Lake Intermunicipal Water Commission, is jointly
owned by the Towns of Ithaca, Lansing and Dryden, and the Villages
of Lansing and Cayuga Heights. The Town of Ithaca owns the majority
of the Commission and must adopt its budget and any subsequent
amendments. The Southern Cayuga Lake Intermunicipal Water
Commission is considered a component unit of the Town of Ithaca and
has been discreetly presented.
B. BASIS OF PRESENTATION - FUND ACCOUNTING
The accounts of the Town of Ithaca are organized on the basis of funds
or account groups, each of which is considered a separate accounting
entity. The operations of each fund are accounted for within a
separate set of self -balancing accounts that comprise its assets,
liabilities, fund balance/retained earnings, revenues and expenditures -
expenses which are segregated for the purpose of carrying on specific
activities or attaining certain objectives in accordance with special
regulations, restrictions or limitations. The various funds are
summarized by type in the financial statements. (Certain funds of the
Town are utilized to account for resources derived from, and/or
expenditures applicable to an area less than the entire Town.) The
following fund types and account groups are used:
TOWN OF ITHACA
PAGE 2
1. Fund Categories _
a. Governmental Funds
" General Fund - to account for revenues (ie., general tax and
other from State, Federal, and local sources) which are not required
by law or other provision to be accounted for in other funds and
which finance the basic governmental functions provided by
the Town.
" General Fund Town Outside Village - used to record transactions
which are required to be a charge on the area of the Town outside
the Village.
Highway Fund - used to account for revenues and expenditures for
parttown highway purposes.
Special Revenue Funds - utilized to account for revenues
derived from special sources which are required by law or regulation
to be accounted for in separate funds. Special Revenue Funds
include the following:
Fire Protection Fund - used to record transactions involving the
Town Fire Protection District and the contracts for fire protection
with City of Ithaca and Village of Cayuga Heights.
Lighting District Fund - used to record operation and maintenance
transactions. Revenues derived from special district assessments.
Water Fund - established by law to account for revenues derived from
charges for water consumption, and benefitted assessments, and the
application of such revenues toward related operating expenses and
debt retirement.
Sewer Fund - established by law to account for revenues derived from
sewer rents, and benefitted assessments, and used for related
operating expenses and debt retirement.
' Capital Pro ects Fund - used to account for capital improvements
financed from current monies transferred from other funds, Federal
and State grants, and proceeds of obligations.
" Debt Service Fund - used to account for interest earned on
proceeds of borrowings for water and sewer capital projects.
Interest earned is transferred to the debt service fund from the
capital projects fund, and then to the operating funds for payment
of principal and interest.
b. Fiduciary Funds
" Trust and Agency Fund - used to account for funds held in trust
for subsequent distributions, transmittal or release to other
governments, individuals, or to other funds.
TOWN OF ITHACA PAGE 3
C. Account Groups
" General Fixed Assets - used to account for land, buildings,
improvements other than buildings, and equipment utilized for
general government purposes.
General Long -Term Debt Group of Accounts - used to account for
all long-term debt including serial bonds, installment payments,
accrued vacation time, and unbilled retirement.
C. BASIS OF ACCOUNTING FOCUS
Modified Accrual Basis - The Town maintained its records on the
double -entry basis of accounting prescribed by the State
Comptroller, as set forth in the Uniform System of Accounts for
Towns. Town funds are accounted for on the modified accrual basis,
which is summarized as follows:
a. Revenues - recognized when received, except real property taxes
which are recognized when earned. Revenues are also accrued at year-
end.
b. Expenditures - recognized when paid, except at year-end when
expenditures are accrued.
C. The encumbrance method of accounting is used in the Townwide,
Parttown, Highway, Water, Sewer, and Capital Projects funds.
d. Accrual of water and sewer rents is done throughout the year.
Expenditures are accrued at year-end.
e. Account Groups - General fixed assets are recorded at actual or
estimated cost or, in the case of gifts and contributions, at the
fair market value at the time received. No provision for
depreciation is made. General long-term debt liabilities are
recorded at the par value of the principal amount, no liability is
recorded for interest payable to maturity.
f. General Fund received surplus revenues in several areas for 1994.
Mortgage Tax - Surplus of $108,253 or 480 over budget. This is due to
a large number of home owners re -financing their mortgages.
D. PROPERTY TAXES
Real property taxes are levied as of January 1st, and become a lien on
that date. Property owners can elect to pay their taxes using one of
two options.
Taxpayers may elect to pay their bill in two installments equal to
1/2 the total bill, plus a 2.5% processing fee assessed on the total
TOWN OF ITHACA
PAGE 4
amount of the tax bill. If the installment option is selected, the first
payment is due between January 1 and January 15, without penalty, or
between January 16 and January 20, with 1% interest on 1st installment
amount only (election to pay in installments ceases January 20). The
second installment is due on or before July 1, payable to the County
Division of Budget & Finance.
Taxpayers may elect to pay their tax bill in full. Using this method,
taxes are collected during the period January 1, to January 31, at
face value and from February 1, to May 31, with interest added. The
Town Receiver of Taxes collects all real estate taxes for Town and
County purposes.
The Town Receiver distributes the collected tax money to the Town
Supervisor prior to distributing the balance collected to the County
on June 1. The Town thereby is assured of 100% tax collection.
Responsibility for the collection of unpaid taxes rests with the
County. Uncollected tax liens are sold annually by the County.
E. BUDGETARY DATA
1. Budget Policies - The budget policies are as follows:
a. No later than October 5th the budget officer submits a
tentative budget to the Town Board for the fiscal year commencing
the following January 1. The tentative budget includes
proposed expenditures and the proposed means of financing for all
funds.
b. After public hearings are conducted to obtain taxpayer
comments, no later than November 20th, the Town Board adopts the
budget.
c. All modifications of the budget must be approved by the Town
Board. However, the Town Supervisor is authorized to transfer
certain budgeted amounts within departments.
2. Encumbrances
Encumbrance accounting, under which purchase orders, contracts,
and other commitments for the expenditure of monies are recorded
for budgetary control purposes to reserve that portion of the
applicable appropriations, is employed in all funds. Encumbrances
are reported as reservations of fund balances since they do not
constitute expenditures or liabilities. Expenditures for such
commitments are recorded in the period in which the liability is
incurred.
3. Budget Basis of Accounting
The budget is adopted annually on a basis consistent with
generally accepted accounting principles. Appropriations
authorized for the current year are increased by the amount of
encumbrances carried forward from the prior year.
F. PROPERTY, PLANT AND EQUIPMENT - GENERAL
Fixed assets purchased for general governmental purposes are recorded
TOWN OF ITHACA
PAGE 5
as expenditures in the governmental funds and are capitalized at costs
(or at estimated historical costs) in the General Fixed Assets Account
Group. Contributed fixed assets are recorded at fair market
value at the date received.
Fixed assets consisting of certain infrastructure type improvements
other than buildings, including road, bridges, curbs and -gutters,
streets and sidewalks, drainage, water and sewer lines, and lighting
systems have not been capitalized. Such assets normally are
immovable and of value only to the Town. Therefore, the purposes of
stewardship for capital expenditures can be satisfied with recording
these assets.
No depreciation has been provided on general fixed assets nor has
interest on general fixed assets construction in progress been
capitalize.
G. INSURANCE
The Town of Ithaca assumes the liability for most risk including, but
not limited to, property damage and personal injury liability.
Judgments and claims are recorded when it is probable that an asset
has been impaired or a liability has been incurred and the amount
of loss can be reasonably estimated.
Unemployment Insurance - as of January 1, 1978, Town employees were
covered by unemployment insurance. The Town has chosen to discharge
Its liability to the New York State Unemployment Insurance Fund by
means of the benefit reimbursement method. This is a dollar -for -
dollar reimbursement to the Unemployment Insurance Fund for the
benefits paid to former employees and charged to the Town's account.
The Town is exempt from federal unemployment insurance tax.
E. VACATION
The Town of Ithaca employees are granted vacation in varying amounts.
In the event of termination an employee is entitled to payment for
accumulated vacation at various rates, subject to certain maximum
limitations.
The value of unused employee vacation balances at year-end has been
recorded in the general long-term debt account group.
Payment of vacation recorded in the general long-term debt account
group is dependent upon many factors, therefore timing of future
payments is not readily determinable. However, management believes
that sufficient resources will be made available for the payments of
vacation when such payment becomes due.
F. POST-RETIREMENT BENEFITS
In addition to providing pension benefits, the Town of Ithaca provides
health coverage for retired employees and dependent survivors.
Substantially all of the Town's employees may become eligible for these
benefits if they reach normal retirement age while working for the Town.
Health care benefits are provided through an insurance company. The Town
recognizes the cost of providing benefits by recording its share of
insurance premiums as an expenditure in the year paid. During 1994
TOWN OF ITHACA
PAGE 6
$1,564.20 was paid from the General Townwide Fund on behalf of 4
retirees and $1,979.53 was paid from the General Outside Village Fund on
behalf of 1 retiree and $6,338.58 was paid from the Highway Fund on
behalf of 3 retirees.
II. DETAIL NOTES ON ALL FUNDS AND ACCOUNT GROUPS
A. ASSETS
1. Cash and Investments
The Town of Ithaca investment policies are governed by State
statutes. In addition, the Town of Ithaca has its own written
investment policy. Town monies must be deposited in FDIC -insured
commercial banks or trust companies located within the state.
The Town Supervisor is authorized to use demand accounts and
certificates of deposit. Permissible investments include
obligations of the U.S. Treasury and U.S. agencies, repurchase
agreements, and obligations of New York State or its localities.
Collateral is required for demand deposits and certificates of
deposit at 105 percent of all deposits not covered by federal
deposit insurance. Obligations that may be pledged as collateral
are obligations of the United States and its agencies and
obligations of the state and its municipalities and school
districts.
Deposits and investments at year-end were entirely covered by
federal depository insurance or by collateral held by the Town's
custodial bank in the Town's name. They consisted of:
Deposits. All deposits including certificates of deposit are
carried at cost or cost plus accrued interest.
ACCOUNT NAME
General Town Wide-ck
General Outside Village-ck
Highway- ck
Water & Sewer-ck
Lighting-ck
Fire Protection-ck
Capital Projects-ck
Trust & Agency-ck
General -Super 7-sav
12/31/94
ACCT. #
BANK
SECURITY
BALANCE
01-201-002604
$ 2,581
F
01-101-056567
6,332
F
02-201-002604
2,087
F
04-201-002604
132,069
F & C
05-101-056567
41
F
02-101-056567
33
F
10-201-056567
202
F
05-201-002604
15,208
F
12-201-002604
1,690,984
F & C
F = FDIC INSURED
C = COLLATERAL HELD BY TOWN'S CUSTODIAL BANK
Investments. Investments are stated at par value and market value
and are held by the Town's third party custodial bank.
MLOM 2LRI§12:• •
$1,000,000 Federal Home Loan Banks rate 4.540, maturity
6/21/96, market value 1,000,000.
TOWN OF ITHACA
PAGE 7
$700,000 Federal National Mortgage Assn., rate 5.120, maturity
1/22/99, market value $700,000.
$1,100,000 Student Loan Marketing Assn., rate 4.650, maturity
12/2/96, market value $1,100,000.
MUNICIPAL BONDS _
$225,000 Alfred Almond N.Y. Central School Dist., rate 6.050,
maturity 6/15/2000, market value $231,293.
$240,000 Hamburg, N.Y. Central School Dist., rate 6.100, maturity
5/15/02, market value $246,420.
$250,000 Pine Bush N.Y. Central School Dist., rate 5.950,
maturity 6/15/99, market value $255,375.
$225,000 Red Creek N.Y. Central School Dist., rate 5.875%,
maturity 6/15/99, market value $229,176.
$275,000, Brunswick N.Y. Central School Dist., rate 5.875%,
maturity 06/15/99, market value $280,104
$475,000 Camden N.Y. Central School Dist., rate 5.875%
maturity 06/15/01, market value $483,265
$300,000 Camden N.Y. Central School Dist., 5.8750, maturity
06/15/02, market value $304,050
$200,000 Ithaca Town N.Y. Public Improvement Bond, rate
6.625% maturity 07/15/97, market value $205,978
$200,000 Ithaca Town N.Y. Public Improvement Bond, rate
6.625% maturity 07/15/98 market value $207,468
Repurchase Agreement: With Tompkins County Trust Company, rate
5.10% for 92 days, $760,000 par value in the following denominations:
$760,000 FHLB due 6/21/96, rate 4.54%. Rate 5.00% for 226 days,
$660,919.21 par value in the following denominations $660,919.21 FNMA
due 1/22/99, rate 5.12%.
2. Chancres in General Fixed Assets:
Type
Balance
Additions
Deletions
Balance
12/31/93
12/31/94
K101 Land-
71,642
47,000
-0-
118,642
K102 Build
389,484
21,190
-0-
410,674
K104 Equip
1,394,865
284,262
16,945
1,662,183
TOTALS
1,855,991
352,452
16,945
2,191,499
B. LIABILITIES
1. Pension Plans
The Town of Ithaca participates in the New York State and
Local Employees' Retirement System. This is a cost sharing multiple
TOWN OF ITHACA
PAGE 8
public employer retirement system. Obligations of employees to
contribute and benefits to employees are governed by the New York
State Retirement and Social Security Law (NYSRSSL). The System
offers a wide range of plans and benefits which are related to years
of service, final average salary, vesting of retirement benefits,
death and disability benefits and optional methods of benefit
payments. All benefits generally vest after ten years of credited
service.
The NYSRSSL provides that all participants in the system are jointly
and severally liable for any actuarial unfunded amounts. Such
amounts are collected through annual billings to all participating
employers. Generally, all employees, except certain part-time and temporary
employees, participate in the System. The System is noncontributory
for employees who joined the Employees' Retirement System prior to
July 27, 1976. All others contribute 30 of their gross salary.
Employee contributions are deducted by employers from employees'
paychecks and are sent to the Employees's Retirement System.
All Town of Ithaca employees are eligible for membership in the System. All
employees employed in a full-time, regular position and who commenced
employment after June 30, 1976 are mandatory members. The total payroll for
all employees of the Town of Ithaca for fiscal year 1994 was $1,590,966.88 of
which $905,886.02 was attributable to employees covered by the Employees'
Retirement system.
Payments due the System through 1988: The System billed all participating
employers by May 31 each year. Billings were based on salaries paid
during the System's fiscal year which ended on March 31 of the previous
calendar year, and in accordance with funding requirements determined by
the System's actuary. Employers were required to remit payment in full by
June 30.
Since 1989, and future years, the System's billings have been based on Chapter
62 of the Laws of 1989 of the State of New York. This legislation required
participating employers to make payments on a current basis, while amortizing
existing unpaid amounts relating to the System's fiscal years ending March 31,
1988 and 1989 (which otherwise were to have been paid on June 30, 1989 and
1990, respectively) over a 17 -year period, with an 8.75% interest factor
added. The payment covering the System's fiscal year ending March 31, 1990
and the first amortization installment were paid December 15, 1989, keeping
December 15th as the payment date for amounts due for each succeeding year's
liability and portion of the amortized amount. Any under or over payment of
the projected estimate paid for the System's fiscal year ending March 31, 1990
will be included in the succeeding December 15 payment.
For fiscal year ending March 31, 1995, the System abandoned the PUC actuarial
cost method and returned to the aggregate cost funding method of calculating
employer contributions after the Court of Appeals ruled the enactment of the
1990 PUC method unconstitutional. Contribution rates for the current fiscal
year have been capped at zero; therefore the December 15, 1994 payment
consisted only of GTLI, a minimum amortization payment, incentive and other
miscellaneous payments. An amount of $24,705 was paid by employees as a
current contribution.
The actuarial cost method used by the System to determine the annual
contributions from employees through March 31, 1990 was the aggregate
cost method. Under this method the excess of the actuarial liabilities
over the actuarial assets was funded by employees as a level percentage of
TOWN OF ITHACA PAGE 9
salary over the current members' future working lifetimes.
Effective April 1, 1990, the State legislature amended the Retirement and
Social Security Law by enacting Chapter 210 Laws of 1990 which mandated a
change to a different actuarial funding method for the System. The Systems
changed from the aggregate cost funding method to a modified projected unit
credit funding method. This new method utilized a rolling amortization
period for differences between actuarial assets and actuarial accrued
liabilities, of which approximately 170 of such differences were recognized
each year in determining the funding amount. As a result of the legislated
changes for the year ended March 31, 1991, EARS employer contributions were
generally lower than would have been the case under the aggregate cost
funding method. However, over the long-term, employer contributions are
expected to be higher under the modified projected unit credit funding
method than under the aggregate cost method.
Further, the legislation allows the reduction of non -State annual payments
for prior year employer contributions being amortized over 17 years by any
yearly surplus (estimated funding credits) resulting from the rolling
amortization. At March 31, 1991, the System established a reserve for
funding credits of $190 million, reducing employer contributions
receivable based upon an actuarially determined estimate of 1992 employer
contributions that were not received under the modified projected unit credit
funding method.
The prior year contributions consist of non -State employer contributions
receivable for the fiscal years ended March 31, 1989 and 1988 and the State's
contribution receivable for the fiscal years ended March 31, 1986 and 1985.
The cost of the program is billed and paid over five years beginning
December 15, 1992 and includes interest at 8.750. This liability is
accounted for in General Long -Term Debt.
The total unpaid liability at the end of the fiscal year was $50,310
and is reported in the General Long -Term Debt Account Group.
The Pension Benefit Obligation (PBO) of credited projected benefits is
a standardized disclosure measure of the actuarial present value of
pension benefits, adjusted for the effects of projected salary increases
estimated to be payable in the future as a result of employees' service to
date. The retirement system does not make separate measurements for
individual employers.
The PBO of credited projected benefits at March 31, 1991 for the
Employee's Retirement System determined through an actuarial valuation
performed as of that date is $40.08 billion. The net assets available
to pay benefits at that date is $42.91 billion. The Town's employer
contribution requirement was less than 1% of total contributions
required of all employers participating in this system.
Historical trend information showing the progress in accumulating sufficient
assets to pay benefits when due is presented in the Annual Financial Report
of the System. Additional detailed information concerning the system may also
be found in the Report.
2.Short-Term Debt
Liabilities for bond anticipation notes (BAN'S) are generally accounted
for in the capital projects fund. Principal payments on BAN's must be
TOWN OF ITHACA
made annually.
PAGE 10
State law requires that BAN's issued for capital purposes be converted
to long-term obligations within five years after the original issue
date. However, BAN's issued for assessable improvement projects may be
renewed for periods equivalent to the maximum life of the permanent
financing, provided that stipulated annual reductions of principal
are made. As of 12/31/94 the Town of Ithaca had no short-term debt.
3.Long-Term Debt
a. On December 31, 1994 the total outstanding indebtedness of the
Town of Ithaca aggregated $8,753,710. Of this amount,
$-0- was subject to the Town's constitutional debt limit
and represented 0% of its debt limit.
b. Serial Bonds - The Town of Ithaca borrows money in order to
acquire land, equipment or construct buildings and improvements. This
enables the cost of these capital assets to be borne by the present and future
taxpayers receiving the benefit of the capital assets. These long-term
liabilities which are full faith and credit debt of the Town are recorded
in the General Long -Term Debt Account Group. The provision to be made
in future budgets for capital indebtedness represents the amount
exclusive of interest, authorized to be collected in future
years from taxpayers and others for liquidation of the long-term
liabilities.
c. Other Lona -Term Debt - In addition to the above long-term debt the
Town of Ithaca had the following noncurrent liabilities:
* Due to Employee's Retirement System: Represents the concurrent
portion of the liability to the state retirement system.
Installment Purchase Debt: Represents the remaining
installments due on the purchase of equipment.
* Compensated Absences: Represents the value of earned and
unused portion of the liability for compensated absences.
d. Summary Long -Term Debt - The following is a summary of long-term
liabilities outstanding at December 31, 1994 by fund type and
account group:
General Long -Term
Liability Debt Account Group
Serial Bonds $8,753,710
Installment Purchase 1,877
Unbilled Retirement 65,769
Compensated Absences 60,332
TOTAL GLTDAG $8,879,811
TOWN OF ITHACA
PAGE 11
e. The following is summary of changes in long-term liabilities
for the period ended December 31, 1994:
f. Long -Term Debt Maturity Schedule - The following is a statement
of serial bonds with corresponding maturity schedules.
Payable from Original Original Interest Date of Outstg
Issue Date Amount Rate (%) Final Balance
Maturity
WATER FUND
E. State St.
1976 Water Impr.
1983 Publ Impr-W
1984 Water Impr.
1989 Publ Impr-W.
1991 Publ Impr-W.
SEWER FUND
1976 Sewer Impr.
1983 Publ Impr-S.
Joint Sewer
1984 Sewer Impr.
1989 Publ Impr-S.
1991 Publ Impr-S.
02/01/54 150,000
09/01/76 234,000
05/01/83 172,172
05/15/86 550,000
03/01/89 1,246,000
07/26/91 2,337,000
09/01/76 1,733,000
05/01/83 429,828
05/15/86 2,100,000
05/15/86 180,000
03/01/89 1,334,000
07/26/91 2,128,000
2.600
6.000
7.100
6.800
7.300
6.625%
6.00%
7.100
6.80%
6.80%
7.30%
6.625%
02/01/94
03/01/03
06/01/98
05/15/06
03/01/08
07/26/11
03/01/03
06/01/98
05/15/06
05/15/06
03/01/08
07/26/11
0
59,500
42,900
350,000
936,160
2,053,000
250,500
107,100
1,333,000
117,000
1,028,840
1,872,000
$ 8,150,000
* Excludes SCLIWC Bond debt outstanding of $603,718 which is paid
Balance
Increases
Decreases
Balance
12/31/93
12%31/94
Water & Sewer
Serial Bonds
9,608,384
0
854,674
8,753,710
Unbilled
Retirement
73,076
0
7,306
65,769
Installment
Purchases
11,238
0
9,361
1,877
Compensated
Absences
64,352
32,896
38,794
58,455
LONG
UTOTAL
ERM DEBT
$9,757,050
32,896
910,135
8,879.811
f. Long -Term Debt Maturity Schedule - The following is a statement
of serial bonds with corresponding maturity schedules.
Payable from Original Original Interest Date of Outstg
Issue Date Amount Rate (%) Final Balance
Maturity
WATER FUND
E. State St.
1976 Water Impr.
1983 Publ Impr-W
1984 Water Impr.
1989 Publ Impr-W.
1991 Publ Impr-W.
SEWER FUND
1976 Sewer Impr.
1983 Publ Impr-S.
Joint Sewer
1984 Sewer Impr.
1989 Publ Impr-S.
1991 Publ Impr-S.
02/01/54 150,000
09/01/76 234,000
05/01/83 172,172
05/15/86 550,000
03/01/89 1,246,000
07/26/91 2,337,000
09/01/76 1,733,000
05/01/83 429,828
05/15/86 2,100,000
05/15/86 180,000
03/01/89 1,334,000
07/26/91 2,128,000
2.600
6.000
7.100
6.800
7.300
6.625%
6.00%
7.100
6.80%
6.80%
7.30%
6.625%
02/01/94
03/01/03
06/01/98
05/15/06
03/01/08
07/26/11
03/01/03
06/01/98
05/15/06
05/15/06
03/01/08
07/26/11
0
59,500
42,900
350,000
936,160
2,053,000
250,500
107,100
1,333,000
117,000
1,028,840
1,872,000
$ 8,150,000
* Excludes SCLIWC Bond debt outstanding of $603,718 which is paid
TOWN OF ITHACA
PAGE 12
from water benefit assessments and water rents which the Town remits
to SCLIWC.
g. The following table summarizes the Town of Ithaca's future
debt service requirements as of December 31, 1994.
Serial Bonds
Year ending date:
Principal
Interest
1995
844,114
563,451
1996
824,114
517,183
1997-2001
2,695,000
1,937,268
2002-2006
2,715,000
1,033,859
2007-2011
1,550,000
270,338
C. INTERFUND RECEIVABLES AND PAYABLES
Interfund receivables and payables at 12/31/94 were as follows.
Receivable Payable
General Townwide 1,171,665
General Outside Village 4,337
Highway 578
Debt Service 1,432
Capital Projects 1,171,665 1,432
Trust & Agency 4,915
Totals 1,178,012 1,178,012
D. FUND EQUITY
1. Fund Balance
The Highway fund equity includes reserve funds established for
highway machinery. The balance at the end of 1994 was $55,325
This reserve fund was established by the Board resolution on November
9, 1984, and any unexpended appropriation for machinery at year end
is to be transferred to the reserve fund. The reserve fund was
increased by $1,274 interest earned.
2. Reserves
The Capital Projects fund equity includes capital reserve funds established 9/13/93 for
buildings. The balance at the end of 1994 was 799,094.
E. LEASE COMMITMENTS AND LEAS ASSETS
The Town of Ithaca leases computer and fax equipment under
installment purchase lease agreements. Total expenditures on such
leases for the fiscal year ended December 31, 1994, were
approximately $9,361 plus interest. All installment purchase
agreements contain "Non -appropriation" clauses, so there is no future
non -cancelable lease commitment.
TOWN OF ITHACA
III. JOINT VENTURES
PAGE 13
The following are activities undertaken jointly with other
municipalities. These activities are excluded from the financial
statements of all participating municipalities. Separate financial
statements are issued for such joint ventures.
The Town of Ithaca is a participant in the joint sewer activity
known as the Ithaca Area Wastewater Treatment Plant. The other
participants are the Town of Dryden and the City of Ithaca. The City
of Ithaca has custody of the joint activity money. Construction of
the treatment plant began in the Spring of 1984.
It is expected that 12-1/20 of the cost will be borne by the
participants, the balance being federally and state aided.
Capital cost allocated to the Town of Ithaca will be 41.5740
of the total.