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HomeMy WebLinkAbout1996 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 1996 *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 SUCH REPORT *** STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS ALBANY, NEW YORK 12236 1 *CERTIFICATION OF FISCAL OFFICER* I, CATHERINE VALENTINO , 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 SUPF.RVT SOR . TITLE ITHACA TOWN HALL 126 EAST SENECA STREET OFFICIAL ADDRESS ITHACA, NY 14850 OFFICIAL.ADDRESS FEBRUARY 1997 DATE ( 607 ) 273-1721 f 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 INCLUDED IN THE ANNUAL FINANCIAL REPORT FILED BY YOUR GOVERNMENT •FISCAL YEAR ENDED 1995 AND HAS BEEN USED BY THE OSC AS THE BASIS PREPARING THIS UPDATE DOCUMENT FOR YOUR FISCAL YEAR ENDED 1996: (A) GENERAL FUND (B) GENERAL TOWN -OUTSIDE VG (CS) RISK RETENTION (DB) HIGHWAY -PART -TOWN (FX) WATER (G) SEWER (SF) FIRE PROTECTION (SL) LIGHTING (V) DEBT SERVICE (H) CAPITAL PROJECTS (TA) AGENCY (K) GENERAL FIXED ASSETS (W) GENERAL LONG-TERM DEBT • � J WAS FOR THE FOR ALL AMOUNTS INCLUDED IN THIS UPDATE DOCUMENT FOR 1995 REPRESENT THE DATA FILED BY YOUR GOVERNMENT WITH THE OSC AS REVIEWED AND ADJUSTED WHERE NECESSARY. IF ANY FUND'S WERE USED IN 1996 THAT WERE NOT USED IN 1995, 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 SCHEDULES: 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) INVESTMENT CERTIFICATION 7) BANK RECONCILIATION 8) REAL PROPERTY TAX LEVY AND.RELATED INFORMATION 9) LOCAL GOVERNMENT QUESTIONNAIRE 10) NOTICE OF TORT CLAIMS 11) ADDITIONAL INFORMATION SCHEDULE IF SCHEDULE 1,2, OR 3 IS NOT APPLICABLE, PLEASE INITIAL IN THE APPROPRIATE COLUMN. ALL OTHER SCHEDULES MUST BE COMPLETED. NOT APPLICABLE 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 1996 (A) GENERAL FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ASSETS CASH $2,047 A200 5 9.371.00 CASH IN TIME DEPOSITS 49,153' A201 106,775.00 PETTY CASH 300 A210 164.00 A A TOTAL CASH 51,500 107,310.00.' INVESTMENTS IN REPURCHASE AGREEMENTS 203,290 A451 0 A A TOTAL INVESTMENTS 203,290 0 ACCOUNTS RECEIVABLE 1,264 A380 .ACCRUED INTEREST RECEIVABLE 596 A381 DUE FROM OTHER FUNDS A391 21,813.00 A TOTAL OTHER RECEIVABLES (NET) 1,860 21,813.00 STATE & FEDERAL OTHER 18,887 A410 13,545.00 A A TOTAL STATE AND FEDERAL AID RECEIVABLES 18,887 13,545.00 DUE FROM OTHER GOVERNMENTS 246,516 A440 361,603.00 A A TOTAL DUE FROM OTHER GOVERNMENTS 246,516 361,603.00 INVESTMENTS IN SECURITIES, SPEC RES 0 A452 0 A A TOTAL RESTRICTED ASSETS 0 0 TOTAL ASSETS 522,053 567,271.00 5 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND 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 k FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 6 $13,788 A600 A A 13,788 0 A601 A A 0 110,000 A630 A A 110,000 123,788 3,204 A821 A A 3,204 163,647 A910 A A 163,647 231,414 A911 A A 0 0 0 '0 0 0 5,074.00 5,074.00 166,851.00 166,851.00 395.346.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND BALANCE SHEET 1 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 5231,414 $ 395,346.00 TOTAL TOTAL FUND EQUITY 398,265 567,271.00 TOTAL LIABILITIES AND FUND EQUITY 522,053 567,271.00 7 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 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 YOUTH RECREATION SERVICES, OTHER GOVTS WATER SERVICES, OTHER GOVTS TOTAL INTERGOVERNMENTAL CHARGES INTEREST AND EARNINGS $858,438 A1001 A A 858,438 91 17,467 A1081 12,764 A1090 A A 30,231 225,000 A1120 A A 225,000 2,044 A1255 11051 A1550 566 A2189 A A 3,661 13,902 A2350 23,900 A2378 A A 37,802 50,379 A2401 5 892.810.00 892,810.00 4,349.00 14,382.00 18,731.00 353,581.00 353,581.00 2,017.00 667.00 370.00 3,054.00 2,979.00 2.979.00 41,689.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS 9 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES A $ A TOTAL USE OF MONEY AND PROPERTY 50,379 41,689.00 DOG LICENSES 8,221 A2544 6.167.00 BINGO LICENSES A 2540 201.00 BUILDING PERMITS & OTHER A 2555 52.00 TOTAL LICENSES AND PERMITS 8,221 6,420.00 FINES AND FORFEITED BAIL 43,564 A2610 33,450.00 A A • TOTAL FINES AND 43,564 33,450.00 FORFEITURES SALES OF EQUIPMENT 379 A2665 INSURANCE RECOVERIES 5,197 A2680 4,672.00 REFUND OF PRIOR YEARS EXPENSE A 2701 5,306.00 A- 9.978.00 TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS 5,576 UNCLASSIFIED (SPECIFY) 1,612 A2770 GIFTS & DONATIONS A 2705 2.775.00 A 4,000.00 TOTAL MISCELLANEOUS 6:775.00 LOCAL SOURCES 1,612 ST AID, MORTGAGE TAX 146,310 A3005 153,602.00_ ST. AID, RECORDS MGMT. 2,686 A3060 ST AID, YOUTH PROGRAMS 6,114 A3820 45,308.00__ A A TOTAL STATE AID 155,110 198,910.00 TOTAL 1.568.377.00 TOTAL REVENUES 1,419,594 9 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS F.OR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES TOTAL DETAIL REVENUES AND OTHER SOURCES • • 1,419,594 10 (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 FOR THE FISCAL YEAR ENDED 1995 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 TOTAL MUNICIPAL COURT SUPERVISOR,PERS SERV SUPERVISOR, EQUIP & CAP OUTLAY SUPERVISOR,CONTR EXPEND TOTAL SUPERVISOR AUDITOR, CONTR EXPEND TOTAL AUDITORS TAX COLLECTION,PERS SERV TAX COLLECTION,EQUIP & CAP OUTLAY TAX COLLECTION,CONTR EXPEND TOTAL TAX COLLECTION BUDGET, PERS SERV BUDGET, EQUIP & CAP OUTLAY BUDGET, CONTR EXPEND TOTAL BUDGET CLERK,PERS SERV CLERK,EQUIP & CAP OUTLAY CLERK,CONTR EXPEND TOTAL CLERK 533,'900 1,717 11 35,617 57,212 1,413 5,767 64,392 16,848 135 1,624 18,607 9,549 9,549 12,387 14,538 71,342 449 2,379 74,170 64,475 666 2,807 67,948 EDP -FOR THE FISCAL CODE YEAR ENDED 1996 A1010.1 $ 34,920.00 A 10 10 .4 1,865.00 A A1010.0 36,785.00 A 1110 . 1 55,407.00 A1110.2 175.00 A1110.4. 8,110.00 A A1110 . 0 63,692.00 A1220.1 17,114.00 A1220 .2 129.00 A1220.4 1,919.00 A A1220.0 19,162.00 A1320.4 11,748.00 A A1320.0 11,748.00 A1330.1 14,518.00 A1330.2 A1330.4 3,371.00 A A1330.0 17,889.00 A1340.1 74,841.00 A1340.2 1,825.00 A1340.4 6,463.00 A A1340.0 83,129.00 A1410 . 1 72,530.00 A1410.2 303.00 A1410.4 1,297.00 A A1410 . 0 74,130.00 (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 FOR THE FISCAL YEAR ENDED 1995 DETAIL EXPENDITURES AND OTHER USES LAW, CONTR EXPEND 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, CONTR EXPEND ELECTIONS EQUIP. & CAP OUTLAY TOTAL ELECTIONS RECORDS MGMT, EQUIP & CAP OUTLAY RECORDS MGMT, CONTR EXPEND TOTAL RECORDS MANAGEMENT BUILDINGS, PERS SERV BUILDINGS, EQUIP & CAP OUTLAY BUILDINGS, CONTR EXPEND TOTAL OPERATION OF PLANT CENTRAL PRINT & MAIL, EQUIP & CAP OUTLAY CENTRAL PRINT & MAIL,CONTR EXPEND TOTAL CENTRAL PRINTING AND MAILING $33,927 12 33,927 51,241 1,155 2,926 55,322 134,003 13,956 10,714 158,673 5,345 5,345 854 5,346 6,200 13,909 397 58,151 72,457 23,453 47,300 EDP FOR THE FISCAL CODE YEAR ENDED 1996 A1420.4 A - A1420.0 A1430.1 A1430.2 A1430.4 A A1430.0 A1440.1 A1440.2 A1440.4 A A1440.0 A1450.4 A 1450.2 A1450.0 A1460.2 A1460.4 A A1460.0 A1620.1 A1620.2 A1620.4 A A1620.0 A1670.2 A1670.4 A 70,753 A1670.0 5 22.044.00 1 11 11 ' 11 11 11 11 11 . 11 11 11 1,495.00 458.00 1,953.00 14,439.00 300.00 15,932.00 30,671.00 5,625.00 31,213.00 36,838.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS TOTAL PUBLIC SAFETY 24,976 35.468.00 13 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION - YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES UNALLOCATED INSURANCE, CONTR EXPEND 560,608 A1910.4 5 67,388.00 A TOTAL UNALLOCATED INSURANCE 60,608 A1910.0 67,388.00 MUNICIPAL ASSN DUES, CONTR EXPEND 1,025 A1920.4 1,119.00 A TOTAL MUNICIPAL ASSN DUES 1,025 A1920.0 1,119.00 A A A A A TOTAL GENERAL GOVERNMENT SUPPORT 749,131 679.459.00 POLICE, PERS SERV 8,342 A3120.1 8.342.00 POLICE, CONTR EXPEND 0 A3120.4 2.00 POT TC E, FQTTTTP _ CAP nTTTT.AY A 3120.2 131.00 TOTAL POLICE DEPARTMENT 8,342 A3120.0 8.475.00 TRAFFIC CONTROL, CONTR EXPEN 216 A3310.4 198.00 A TOTAL TRAFFIC CONTROL 216 A3310.0 198.00 CONTROL OF ANIMALS, CONTR EXPEND 16,418 A3510.4 26.795.00 A TOTAL CONTROL OF DOGS 16,418 A3510.0 26.795.00 A A- A A A TOTAL PUBLIC SAFETY 24,976 35.468.00 13 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS 14 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES STREET ADMIN, PERS SERV 555,644 A5010.1 5_59.,339.00 STREET ADMIN, EQUIP & CAP OUTLAY 7,099 A5010.2 4,553.00 STREET ADMIN, CONTR EXPEND 3,142 A5010.4 5,718.00 A TOTAL HIGHWAY AND STREET ADMIN 65,885 A5010.0 69,610.00 GARAGE, EQUIP & CAP OUTLAY 51,683 A5132.2 4,837.00 GARAGE, CONTR EXPEND 24,520 A5132.4 25,630.00 A TOTAL GARAGE 76,203 A5132.0 30,467.00 STREET LIGHTING, CONTR EXPEND 36,802 A5182.4 33,803.00 A TOTAL STREET LIGHTING 36,802 A5182.,0 33,803.00 BUS OPERATIONS, CONTR EXPEND 8,580 A5630.4 10,022.00 A TOTAL PUBLIC TRANSPORATION 8,580 A5630.0 10,022.00 A A A A A TOTAL TRANSPORTATION 187,470 143,902.00 PLAYGR & REC CENTERS, CONTR EXPEND 9,480 A7140.4 10,440.00 A TOTAL PLAYGROUNDS AND RECREATION CENTERS 9,480 A7140.0 10.440.00 JOINT YOUTH PROG, CONTR EXPEND 208,826 A7320.4 210,900.00 A TOTAL JOINT YOUTH PROGRAM 208,826 A7320.0 210,900.00 14 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES HISTORIAN, CONTR EXPEND TOTAL HISTORIAN HISTORICAL CELEBRATIONS HISTORICAL - EQUIP. & CAP OUTLAY HISTORICAL - CONTR. EXPEND. TOTAL HISTORICAL CELEBRATIONS TOTAL CULTURE AND RECREATION STATE RETIREMENT SYSTEM SOCIAL SECURITY, EMPLOYER CONT WORKER'S COMPENSATION, EMPL BNFTS DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT TOTAL EMPLOYEE BENEFITS INSTALL PUR DEBT, PRINCIPAL TOTAL DEBT PRINCIPAL INSTALL PUR DEBT, INTEREST TOTAL DEBT INTEREST BALANCING CODE - OSC USE ONLY TOTAL BALANCING -CODE • 15 S16 A7510.4 S 0 A 16 A7510.0 0 A 7550.2 10,697.00 A 7550.4 791.00 A A A_7550.0 11,488.00 218,322 12,870 A9010.8 38,681 A9030.8 11,251 A9040.8 1,970 A9055.8 64,672 A9060.8 129,444 232.828.00 20,764.00 40 ,145.00 12,350.00 1,479.00 62,615.00 137.253.00 44 A9785.6 0 44 0 40 A9785.7 0 40 0 4 A1888.4 FOR OSC USE ONLY 4 A1888.0 FOR OSC USE ONLY TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS 16 <, FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES A S A A A A TOTAL 0102 55 4 TOTAL EXPENDITURES 1,309,431 1,229,371.00 TRANSFERS, OTHER FUNDS 110,000 A9901.9 170,000.00 TOTAL TRANSFERS 110,000 TOTAL OTHER USES 110,000 TOTAL DETAIL EXPENDITURES AND OTHER USES 1,419,431 1,399,371.00 16 <, TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY -BEGINNING OF YEAR* PRIOR PERIOD ADJ-INCREASE TO FUND EQUITY PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY RESTATED FUND EQUITY - BEG OF YEAR ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY -END OF YEAR* 5398,102 A8021 $398,265 0 A8012 0 A8015 398,102 A8022 398.265.00 1,419,594 1,568,377.00 1,419,431 1,399;371.00 398,265 A8029 567,271.00 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 17 rI L TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAXES EST REV - REAL PROPERTY TAX ITEMS EST REV - NON PROPERTY TAX ITEMS EST REV - DEPARTMENTAL INCOME EST REV - INTERGOVERNMENTAL CHARGES EST REV - USE OF MONEY AND PROPERTY EST REV - LICENSES AND PERMITS EST REV - FINES AND FORFEITURES •EST REV - SALE OF PROP AND COMP FOR LOSS EST REV -MISCELLANEOUS LOCAL SOURCES EST REV - INTERFUND REVENUES EST REV - STATE AID TOTAL ESTIMATED REVENUES APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES • $858,438 32,500 225,000 4,350 27,735 16,000 5,850 32,000 500 2,000 0 192,824 1,397,197 199,097 199,097 1,596,294 is EDP CODE A1049M A1099M A1199M A1299M A2399M A2499M A2599M A2649M A2699M A2799M A2801M A3099M A M A M A 599M A M A M M M FOR THE FISCAL YEAR ENDED 1996 5 892,810.00 20.125.00 225,000.00 3,750.00 27,725.00 25,000.00 11,897.00 42,000.00 500.00 3,000.00 140,138.00 1,391,945.00 166,851.00 166,851.00 1,558,796.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT $814,002 A1999M $ 797,335.00 APP - PUBLIC SAFETY 26,518 A3999M 36,066.00 APP - TRANSPORTATION 201,258 A5999M 158,878.00 APP - CULTURE AND RECREATION 218,806 A7999M 239,795.00 APP -EMPLOYEE BENEFITS 157,710 A9199M 156,722.00 A M A M TOTAL ESTIMATED EXPENDITURES 1,418,294 1,388,796.00 APP - INTERFUND TRANSFER 178,000 A9999M 170,000.00 A M A M TOTAL ESTIMATED OTHER USES 178,000 170,000.00 M M TOTAL APPROPRIATIONS 1,596,294 1,558,796.00 19 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 OUTSTANDING ENCUMBRANCES GENERAL GOVT. SUPPORT - ENCUMBR. TRANSPORTATION - ENCUMBR. 51,007 2,197 A1998M A5998M A M A M $ 4,137.00 937.00 TOTAL OUTSTANDING ENCUMBRANCES 3,204 5,074.00 20 TOWN OF ITHACA 21 ANNUAL.UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 CB) GENERAL TOWN -OUTSIDE VG BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ASSETS CASH $12,592 B200 $ 10,316.00 CASH IN TIME DEPOSITS 236,648 B201 450,861.00 PETTY CASH 200 B210 136.00 B _ B TOTAL CASH 249,440 461,313.00_ STATE & FEDERAL RECEIVABLES 3,700 B410 1,130.00 B B TOTAL STATE AND FEDERAL AID RECEIVABLES 3,700 1,130.00 DUE FROM OTHER GOVERNMENTS 224,039 B440 86,530.00 B B TOTAL DUE FROM OTHER GOVERNMENTS 224,039 86,530.00 BALANCING CODE - OSC USE ONLY 1 B488 FOR OSC USE ONLY B B TOTAL ASSETS 477,180 548,973.00 21 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $18,647 B600 $_ 12.463.00 B B TOTAL ACCOUNTS PAYABLE 18,647 12,463.00 ACCRUED LIABILITIES 0 B601 0 T)TTE TO OTHER FTTNnq B 178,887.00 B TOTAL ACCRUED LIABILITIES 0 0 TOTAL TOTAL LIABILITIES 18,647 191,350.00 RESERVE FOR ENCUMBRANCES 7,245 B821 5.064.00 B B TOTAL RESERVE FOR ENCUMBRANCES 7,245 5,064.00 UNRESERVED FUND BALANCE APPROPRIATED 259,395 B910 266,640.00 B B TOTAL UNRESERVED FUND BALANCE - APPROPRIATED 259,395 266,640.00 UNRESERVED FUND BALANCE UNAPPROPRIATED 191,893 B911 85,919.00 B B TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 191,893 TOTAL TOTAL FUND EQUITY 458,533 357,623.00 22 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 23 477,180 R 548.973.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES )SPECIAL ASSESSMENTS TOTAL REAL PROPERTY TAXES SALES TAX (FROM COUNTY) FRANCHISES TOTAL NON PROPERTY TAX ITEMS OTHER GENERAL DEPARTMENTAL INCOME ZONING FEES PLANNING BOARD FEES TOTAL DEPARTMENTAL INCOME YOUTH RECREATION 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 $1,696 B1030 B B 1,696 1,427,963 B1120 24,000 B1170 B B 1,451,963 24 0 B1289 29,130 B2110 9,434 B2115 B B 38,564 3,497 B2350 B B 3,497 16,407 B2401 B B 16,407 8,321 B2665 1,398 B2680 B B 9,719 $ 1,610.00 1,610.00 1,308,000.00 26,591.00 1,334,591.00 40,160.00 13,756.00 53,916.00 6,914.00 6,914.00 12,225.00 12,225.00 1,610.00 1,610.00 TOWN OF ITHACA 25 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 • (B) GENERAL TOWN -OUTSIDE VG RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES GIFTS AND DONATIONS $0 B2705 $ 10.000.00 UNCLASSIFIED (SPECIFY) 15 B2770 B B TOTAL MISCELLANEOUS LOCAL SOURCES 15 10,000.00 ST AID, STATE REVENUE SHARING 66,041 B3001 66,041.00 ST AID, OTHER AID (SPECIFY) 10,321 B3089 2,055.00 B B TOTAL STATE AID 76,362 68,096.00 • TOTAL TOTAL REVENUES 1,598,223 1,488,962.00 TOTAL DETAIL REVENUES AND .OTHER SOURCES 1,598,223 1,488,962.00 25 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG RESULTS OF OPERATIONS 26 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES LAW, CONTR EXPEND 557,872 B1420.4 S 45,013.00 B TOTAL LAW 57,872 B1420.0 45,013.00 CENTRAL PRINT & MAIL, CONTR EXPEND 4,287 B1670.4 8,728.00 CTRL PRINT & MAIL, EQUIP & CAP OUTLAY B1670.2 17,384.00 TOTAL CENTRAL PRINTING & MAIL 4,287 B1670.0 26,112.00 BLDGS. CONTR EXPEND B1620.4 629.00 B B B TOTAL BLDGS B1620.0 629.00 TOTAL GENERAL GOVERNMENT SUPPORT 62,159 71,754.00 TRAFFIC CONTROL, CONTR EXPEN 0 B3310.4 B TOTAL TRAFFIC CONTROL 0 B3310.0 B B B B B TOTAL PUBLIC SAFETY 0 PLAYGR & REC CENTERS, PERS SERV 88,596 B7140.1 92,ni5_nn PLAYGR & REC CENTERS, EQUIP & CAP OUTLAY 29,019 B7140.2 17,960.00 PLAYGR & REC CENTERS, CONTR EXPEND 30,036 B7140.4 33,770.00 B TOTAL PLAYGROUNDS AND RECREATION CENTERS 147,651 B7140.0 143,745.00 26 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES TOTAL CULTURE AND RECREATION ZONING, PERS SERV ZONING, EQUIP & CAP OUTLAY ZONING, CONTR EXPEND TOTAL ZONING PLANNING, PERS SERV . PLANNING, EQUIP & CAP OUTLAY PLANNING, CONTR EXPEND TOTAL PLANNING TOTAL HOME AND COMMUNITY SERVICES STATE RETIREMENT, EMPL BNFTS SOCIAL SECURITY , EMPL BNFTS WORKER'S COMPENSATION, EMPL BNFTS DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT TOTAL EMPLOYEE BENEFITS • 27 B S B . B B B 147,651 143, 745.00 98,603 B8010.1 94,295.00 102 B8010.2 852.00 3,692 B8010.4 2,385.00 B 102,397 B8010.0 97,532.00 141,439 B8020.1 160,550.00 15,705 B8020.2 8,661.00 13,960 B8020.4 11,466.00 B 171,104 B8020.0 180,677.00 B B B B B 273,501 278,209.00 8,885 B9010.8 12,046.00 24,174 B9030.8 25,891.00 5,685 B9040.8 6,730.00 1,084 B9055.8 734.00 41,423 B9060.8 49,393.00 81,251 94,794.00 27 .TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG RESULTS OF OPERATIONS FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 DETAIL EXPENDITURES AND OTHER USES TOTAL EXPENDITURES TRANSFERS, OTHER FUNDS TOTAL TRANSFERS TOTAL OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES $564,562 973,000 973,000 973,000 1,537,562 28 EDP FOR THE FISCAL CODE YEAR ENDED 1996 $ 588,502.00 B9901.9 1,001,370.00 1,001,370.00 1,001,370.00 1.589.872.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* $397,872 B8021 $458,533 PRIOR PERIOD ADJ-INCREASE TO FUND EQUITY 0 B8012 PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY 0. B8015 RESTATED FUND EQUITY - BEG OF YEAR 397,872 B8022 458.533.00 ADD - REVENUES AND OTHER SOURCES 1,598,223 1.488.962.00 DEDUCT - EXPENDITURES AND OTHER USES 1,537,562 1,589,872.00 FUND EQUITY - END OF YEAR* 458,533 B8029 357,623.00 TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 29 E7 TOWN OF ITHACA 30 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAXES $1,696 B1049M $ 1,610.00 EST REV - NON PROPERTY TAX ITEMS 1,313,000 B1199M 1,308,000.00 EST REV - DEPARTMENTAL INCOME 36,500 B1299M 62,000.00 EST. REV. - INTERGOVERNMENTAL .CHARGES 3,497 B2399M 3,497.00 EST REV - USE OF MONEY AND PROPERTY 10,000 B2499M 12,000.00 EST REV -MISCELLANEOUS LOCAL SOURCES 500 B2799M 10,000.00 EST REV -STATE AID 71,860 B3099M 66,000.00 B M B M TOTAL ESTIMATED REVENUES 1,437,053 1,463,107.00 APPROPRIATED FUND BALANCE 183,981 B 599M 266.640.00 B M B M TOTAL ESTIMATED OTHER SOURCES 183,981 266,640.00 M M TOTAL ESTIMATED REVENUES AND OTHER SOURCES 1,621,034 1,729,747.00 30 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (B) GENERAL TOWN -OUTSIDE VG SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT APP - PUBLIC SAFETY APP - TRANSPORTATION APP - CULTURE AND RECREATION APP - HOME AND COMMUNITY SERVICES APP - EMPLOYEE BENEFITS TOTAL ESTIMATED EXPENDITURES APP - INTERFUND TRANSFER TOTAL ESTIMATED OTHER USES TOTAL APPROPRIATIONS $72,590 B1999M $ 105,012.00 0 B3999M 5,140 B5999M 5,140.00 173,735 B7999M 208,936.00 303,400 B8999M 299,470..00 93,169 B9199M 109,819.00 B M B M 648,034 728:377.00 973,000 B9999M 1,001,370.00 B M B M 973,000 M M 1,621,034 1,729,747.00 31 • • • (CS) RISK RETENTION BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH DUE FROM OTHER FUNDS TOTAL DUE FROM OTHER FUNDS TOTAL ASSETS TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 FOR THE FISCAL EDP YEAR ENDED 1995 CODE 32 S0 CS 200 CS 201 CS 0 10,000 CS 391 CS CS 10,000 10,000 FOR THE FISCAL YEAR ENDED 1996 S 20.259.00 20.259.00 0 0 20.259.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (CS) RISK RETENTION BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE TOTAL TOTAL LIABILITIES RESERVE FOR WORKERS COMP INSURANCE RESERVE TOTAL SPECIAL RESERVES UNAPPROPRIATED FUND BALANCE TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 33 $0 CS 600 $ 0 CS CS 0 0 0 0 3,000 CS 814 0 7,000 CS 863 0 CS CS 10,000 0 0 CS 911 CS CS 0 0 10,000 20,259.00 10,000 20,259.00 r1 U (CS) RISK RETENTION RESULTS OF OPERATIONS TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 r1 34 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES INTERFUND TRANSFERS 510,000 CS5031 5 10,000.00 CS CS TOTAL INTERFUND TRANSFERS 10,000 10,000.00 INTEREST EARNINGS CS 2401 259.00 TOTAL TOTAL OTHER SOURCES 10,000 0 TOTAL DETAIL REVENUES AND OTHER SOURCES 10,000 10,259.00 . r1 34 J • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (CS) RISK RETENTION RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* ADDITIONS DEDUCTIONS RESTATED FUND EQUITY - BEG OF YEAR ADD - REVENUES AND OTHER SOURCES FUND EQUITY - END OF YEAR* $0 CS8021 0 CS8012 0 CS8015 0 CS8022 10,000 10,000 CS8029 $10,000 10,259.00 20,259.00 TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 35 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (CS) RISK RETENTION SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE ESTIMATED REVENUES AND OTHER SOURCES INTERFUND TRANSFERS TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 36 $10,000 CS5031M CS M CS -M 10,000 10,000 M M FOR THE FISCAL YEAR ENDED 1996 10,000.00 10,000.00 TOWN OF ITHACA r1 U 37 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 • (CS) RISK RETENTION SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 APPROPRIATIONS GENERAL GOVT SUPPORT $7,000 CS1999M $ .0 EMPLOYEE BENEFITS 3,000 CS9199M 0 CS M CS M TOTAL ESTIMATED EXPENDITURES 10,000 0 M M TOTAL APPROPRIATIONS 10,000 0 r1 U 37 TOWN OF ITHACA U 38 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 • (DB) HIGHWAY -PART -TOWN BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ASSETS CASH $3,353 DB 200 $ 6.441.00 CASH IN TIME DEPOSITS 541,755 DB 201 490.830.00 PETTY CASH 200 DB 210 200.00 DB DB TOTAL CASH 545,308 497.471.00 ACCRUED INTEREST RECEIVABLE 191 DB 381 DDR FROM OTHER FUNDS DB 178.887.00 STATE AID RECEIVABLE DB 24.065.00 TOTAL OTHER RECEIVABLES (NET) 191 202.952.00 INVESTMENTS IN SECURITIES, SPEC RES . 65, 359 DB DB 452 67.787.00 DB TOTAL RESTRICTED ASSETS 65,359 67.787.00 TOTAL ASSETS 610,858 768, 210.00 U 38 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $16,686 DB 600 S DB TOTAL ACCOUNTS PAYABLE TOTAL TOTAL LIABILITIES RESERVE FOR ENCUMBRANCES TOTAL RESERVE FOR ENCUMBRANCES t 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 TOTAL TOTAL FUND EQUITY DB 16,686 16,686 186,984 DB 821 DB DB 186,984 65,550 DB 879 DB DB 65,550 71,140 DB 910 DB DB 71,140 270,498 DB 911 DB DB 39 270,498 594,172 1 1 0 135,215.00 135,215.00 65,550.00 65,550.00 258,124.00 258,124.00 309,321.00 786,210.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY • • 40 610,858 S TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES OTHER GENERAL DEPARTMENTAL INCOME 560,830 DB1289 5 0 DB DB TOTAL DEPARTMENTAL INCOME 60,830 0 TRANSPORTATION SERVICES, OTHER GOVTS 15,524 DB2300 7,732.00 DB. DB TOTAL INTERGOVERNMENTAL CHARGES 15,524 7,732.00 INTEREST AND EARNINGS 10,175 DB2401 14,162.00 DB DB TOTAL USE OF MONEY AND PROPERTY 10,175 14,162.00 SALES OF EQUIPMENT 8,564 DB2665 33,021.00 INSURANCE RECOVERIES 7,126 DB2680 11,576.00 DB DB TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS 15,690 44,597.00 UNCLASSIFIED (SPECIFY) 960 DB2770 554.00 DB DB TOTAL MISCELLANEOUS LOCAL SOURCES 960 554.00 ST AID, CONSOLIDATED HIGHWAY AID 41,952 DB3501 46,366.00 FEMA AID DB4960 108,944.00 FHWA AID DB4961 30,000.00 TOTAL STATE AID 41,952 185,310.00 BALANCING CODE - OSC USE ONLY 1 DB4888 FOR OSC USE ONLY 41 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN RESULTS OF OPERATIONS 42 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES DB S DB TOTAL 0102 55 1 TOTAL TOTAL REVENUES 145,132 252,356.00 INTERFUND TRANSFERS 973,000 DB5031 1,001,370.00 DB DB TOTAL INTERFUND TRANSFERS 973,000 1,001,370.00 TOTAL TOTAL OTHER SOURCES 973,000 1.001,370.00 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,118,132 1,253,725.00 42 • • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES MAINT OF STREETS, PERS SERV MAINT OF STREETS, CONTR EXPEND TOTAL MAINTENANCE OF ROADS IMPROVEMENTS, PERS SERV PERM IMPROVE HIGHWAY, CONTR EXPEND TOTAL IMPROVEMENTS MACHINERY, PERS SERV MACHINERY, EQUIP & CAP OUTLAY MACHINERY, CONTR EXPEND TOTAL MACHINERY BRUSH AND WEEDS, PERS SERV BRUSH AND WEEDS, EQUIP & CAP OUTLAY BRUSH AND WEEDS, CONTR EXPEND TOTAL MISCELLANEOUS SNOW REMOVAL, PERS SERV SNOW REMOVAL, CONTR EXPEND TOTAL SNOW REMOVAL FEMA AID FEMA - PERSONAL SERVICES FEMA - CONTR EXPEND FHWA AID FHWA - PERSONAL SERVICES FHWA - CONTR EXPEND TOTAL _AID TOTAL TRANSPORTATION STATE RETIREMENT, EMPL BNFTS SOCIAL SECURITY, EMPL,.BNFTS *120,939 DB5110 . 1 $ 130,303.00 89,419 DB5110.4 87,139.00 DB 210,358 DB5110.0 217,442.00 56,836 DB5112.1 30,190.00 259,011 DB5112.4 203,140.00 DB 315,847 DB5112.0 233,330.00 24,825 DB5130.1 26,518.00 4,353 DB5130.2 209,747.00 55,153 DB5130.4 58,078.00 DB 84,331 DB5130.0 294,343.00 22,975 DB5140 . 1 26,535.00 245 DB5140.2 943 DB5140.4 3,260.00 DB 24,163 DB5140 . 0 29,795.00 47,719 DB5142. 1 49,751.00 61,763 DB5142.4 41,210.00 DB 109,482 DB5142.0 90,961.00 DB 8760.1 27,382.00 DB 8760.4 46,320.00 DB . DB 8761.1 8,104.00 DB 8761.4 11,859.00 93,665.00 744,181 959,536.00 10,350 DB9010.8 13,185.00 20,664 DB9030.8 22,419.00 43 • • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES 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 44 $39,515 DB9040.8 $ 26,263.00 1,000 DB9055.8 3,982.00 52,150 DB9060 .8 54,302.00 123,679 120,151.00 867,860 1,079,687.00 867,860 1,079;687.00 • 0 • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN RESULTS OF OPERATIONS FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* PRIOR PERIOD ADJ.- INCREASE IN FUND EQUITY PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY RESTATED FUND EQUITY - BEG OF YEAR ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $343,900 0 0 EDP FOR THE FISCAL CODE YEAR ENDED 1996 DB8021 $594,172 DB8012 DB8015 343,900 DB8022 1,118,132 867,860 594,172 DB8029 594,172.00 1,253,725.00 1,079,687.00 768,210.00 TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 45 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ESTIMATED REVENUES AND OTHER SOURCES EST REV - DEPARTMENTAL INCOME 560,830 DB1299M 5 0 EST. REV. - INTERGOVERNMENTAL CHARGES 14,324 DB2399M 10.000.00 EST REV - USE OF MONEY AND PROPERTY 3,500 DB2499M 4,000.00 EST REV - SALE OF PROP AND COMP FOR LOSS 0 DB2699M 20,000.00 EST REV - INTERFUND REVENUES 0 DB2801M EST REV - STATE AID 40,000 DB3099M 40,000.00 FEMA AID DB M 95,000.00 FHWA AID DB M 30,000.00 TOTAL ESTIMATED REVENUES 118,654 199,000.00 ESTIMATED - INTERFUND TRANSFER 973,000 DB5031M 1,001,370.00 APPROPRIATED FUND BALANCE 76,355 DB 599M DB M DB M TOTAL ESTIMATED OTHER SOURCES 1,049,355 1,001,370.00 M M TOTAL ESTIMATED REVENUES AND OTHER SOURCES 1,168,009 1,200,370.00 46 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (DB) HIGHWAY -PART -TOWN SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE APPROPRIATIONS APP - TRANSPORTATION APP - EMPLOYEE BENEFITS TOTAL ESTIMATED EXPENDITURES TOTAL APPROPRIATIONS 51,031,206 DB5999M 136,803 DB9199M DB M DB M 1,168,009 1,168,009 47 M M FOR THE FISCAL YEAR ENDED 1996 1,308,867.00 149,627.00 1,458,494.00 1,458,494.00 • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (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 • ACCRUED INTEREST RECEIVABLE DUE,FROM OTHER GOVT'.S TOTAL OTHER RECEIVABLES (NET) ENCUMBRANCES TOTAL ASSETS r� J FOR THE FISCAL EDP YEAR ENDED 1995 CODE $442,313 FX 200 42,780 FX 201 FX FX 485,093 304,936 FX 451 217,980 1,008,009 48 FX 521 FOR THE FISCAL YEAR ENDED 1996 5 586.26 .00 605,209.00 1,191,472.00 205.283.00 FX FX 304,936 186,383 FX 350 30,703 FX 370 894 FX 381 FX FX 217,980 1,008,009 48 FX 521 FOR THE FISCAL YEAR ENDED 1996 5 586.26 .00 605,209.00 1,191,472.00 205.283.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER 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 UNRESERVED FUND BALANCE APPROPRIATED TOTAL UNRESERVED FUND BALANCE - APPROPRIATED UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 49 $70,854 FX 600 FX FX 70,854 0 FX 601 FX 630 FX 0 70,854 151 FX 821 FX FX 151 203,497 FX 910 FX FX 203,497 733,507 FX 911 FX FX 733,507 937,155 $ 245,920.00 245,920.00 401,819.00 401,819.00 80,739.00 80,739.00 223,132.00 223,132.00 804,402.00 804,402.00 1,027,534.00 • ,7 • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER BALANCE SHEET .FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 LIABILITIES AND FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY 1,008,009 50 EDP FOR THE FISCAL CODE YEAR ENDED 1996 1,756,012.00 • (FX) WATER RESULTS OF OPERATIONS TOWN OF ITHACA ANNUAL.UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 51 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES SPECIAL ASSESSMENTS AD VALOREM 5611,479 FX1028 5 604,491.00 FX FX TOTAL REAL PROPERTY TAXES 611,479 604,491.00 METERED WATER SALES 1,426,720 FX2140 1,316,194.00 WATER SERVICE CHARGES 1,922 FX2144 3,622.00 INTEREST & PENALTIES ON WATER RENTS 16,654 FX2148 13,807.00 FX FX TOTAL DEPARTMENTAL INCOME 1,445,296 11333,623.00 • SERVICE FOR OTHER GOVTS 736 FX2378 137,969.00 FX FX TOTAL INTERGOVERNMENTAL CHARGES 736 137,969.00 INTEREST AND EARNINGS 45,421 FX2401 41,494.00 FX FX TOTAL USE OF MONEY AND PROPERTY 45,421 41,494.00 INSURANCE RECOVERIES 1,143 FX2680 1,765.00 REFUND OF PRIOR YEARS EXPEND FX 2701 39,839.00 FX TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS 1,143 41,605.00 UNCLASSIFIED (SPECIFY) 4,629 FX2770 152.00 FX FX TOTAL MISCELLANEOUS LOCAL SOURCES 4,629 152.00 • 51 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES S TOTAL TOTAL REVENUES 2,108,704 2,159,334.00 INTERFUND TRANSFERS 4,177 FX5031 0 FX FX TOTAL INTERFUND TRANSFERS 4,177 0 TOTAL TOTAL OTHER SOURCES 4,177 0 TOTAL DETAIL REVENUES AND OTHER SOURCES 2,112,881 2,159,334.00 52 (FX) WATER RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 FOR THE FISCAL EDP FOR THE FISCAL, YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES 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 WORKERS COMPENSATION, EMPL BNFTS DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT TOTAL EMPLOYEE BENEFITS DEBT PRINCIPAL, SERIAL BONDS TOTAL DEBT PRINCIPAL DEBT INTEREST, SERIAL BONDS TOTAL DEBT INTEREST $25,409 FX8340.1 9,569 FX8340.2 145,362 FX8340.4 FX 180,340 FX8340.0 984,602 FX8350.4 FX 984,602 FX8350.0 1,164,942 53 FX FX FX FX FX 468 FX9010.8 1,857 FX9030.8 4,912 FX9040.8 70 FX9055.8 519 FX9060.8 7,826 467,602 FX9710.6 467,602 287,032 FX9710.7 287,032 $ 28,103.00 1,559.00 354,008.00 383,670.00 1,250,155.00 1,250,155.00 1.633.825.00 1,433.00 2,129.00 6,200.00 61.00 1,221.00 11,044.00 207,525.00 207,525.00 216,561.00 216,561.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER RESULTS OF OPERATIONS FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE DETAIL EXPENDITURES AND OTHER USES TOTAL EXPENDITURES TRANSFERS, OTHER FUNDS TOTAL TRANSFERS TOTAL OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES - F- I L • $1,927,402 107,613 FX9901.9 107,613 107,613 2,035,015 54 FOR THE FISCAL YEAR ENDED 1996 $ 2,068,955.00 0 0 0 2,068,955.00 • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER RESULTS OF OPERATIONS FOR THE FISCAL EDP DESCRIPTION YEAR.ENDED 1995 CODE ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* PRIOR PERIOD ADJ.-INCREASE IN FUND EQUITY PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY RESTATED FUND EQUITY - BEG OF YEAR f ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $859,289 FX8021 0 FX8012 0 FX8015 859,289 FX8022 2,112,881 2,035,015 937,155 FX8029 FOR THE FISCAL YEAR ENDED 1996 5937,155 937.155.00 2,159,334.00 2,068,955.00 1,027,534.00 • * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. C] 55 TOWN OF ITHACA 56 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 • (FX) WATER SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAX ITEMS $602,400 FX1099M 5 592,194.00 EST REV -'DEPARTMENTAL INCOME 1,276,504 FX1299M 1,377,383.00 EST REV -INTERGOVERNMENTAL CHARGES 5,000 FX2399M 10,000.00 EST REV - USE OF MONEY AND PROPERTY 11,000 FX2499M 15,000.00 FX M FX M TOTAL ESTIMATED REVENUES 1,894,904 1,994,577.00 ESTIMATED - INTERFUND TRANSFER 0 FX5031M • APPROPRIATED FUND BALANCE 195,214 FX 599M FX M 0 FX M TOTAL ESTIMATED OTHER SOURCES 195,214 0 M M TOTAL ESTIMATED REVENUES AND OTHER SOURCES 2,090,118 1,994,577.00 56 • 57 FOR THE FISCAL YEAR ENDED 1996 :1 11 1 11 1: 11 2,217,709.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE APPROPRIATIONS APP -HOME AND COMMUNITY SERVICES 51,216,151 FX8999M APP - EMPLOYEE BENEFITS 11,718 FX9199M APP - DEBT SERVICE 754,636 FX9899M FX M FX M TOTAL ESTIMATED EXPENDITURES 1,982,505 APP - INTERFUND TRANSFER 107,613 FX9999M FX M FX M TOTAL ESTIMATED OTHER USES 107,613 M M TOTAL APPROPRIATIONS 2,090,118. • 57 FOR THE FISCAL YEAR ENDED 1996 :1 11 1 11 1: 11 2,217,709.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (FX) WATER SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 OUTSTANDING ENCUMBRANCES HOME & COMM SERV.-EMCUMBR TOTAL OUTSTANDING ENCUMBRANCES r 0 r 1 �J 58 5151 FX8998M 5 80,739.00 FX M FX M 151 80,739.00 • • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (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 ACCRUED INTEREST RECEIVABLE DUE FROM OTHER FUNDS TOTAL OTHER RECEIVABLES (NET) BALANCING CODE - OSC USE ONLY TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 5101,209 G200 371,498 G201 G G 472,707 59 101,646 G451 G G 101,646 51,729 G360 13,744 G370 298 G381 G391 G 65,771 1 G488 G G 640,125 5 14,946.00 473,135.00 488,081.00 401,8.19.00 401,819.00 FOR OSC USE ONLY 889,900.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $978 G600 5 0 G G TOTAL ACCOUNTS PAYABLE 978 0 ACCRUED LTABTT,TTTF.S G 601 7,995.00 TOTAL TOTAL LIABILITIES 978 7,995.00 RESERVE FOR ENCUMBRANCES 419 G821 20,330.00 G G TOTAL RESERVE FOR ENCUMBRANCES 419 20,330.00 UNRESERVED FUND BALANCE APPROPRIATED 0 G910 G G TOTAL UNRESERVED FUND BALANCE - APPROPRIATED 0 UNRESERVED FUND BALANCE UNAPPROPRIATED 638,728 G911 861.575.00 G G TOTAL UNRESERVED FUND BALANCE UNAPPROPRIATED 638,728 861.575.00 TOTAL TOTAL FUND EQUITY 639,147 889.900.00 TOTAL LIABILITIES AND FUND EQUITY 640,125 889,900.00 60 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES SPECIAL ASSESSMENTS 5570,519 G1030 $ 570.835.00 G G TOTAL REAL PROPERTY TAXES 570,519 570,835.00 SEWER RENTS 1,198,504 G2120 1,267,922.00 SEWER CHARGES 0 G2122 INTEREST & PENALTIES ON SEWER ACCTS 7,745 G2128 8,094.00 G G TOTAL DEPARTMENTAL INCOME 1,206,249 1,276,016.00 SEWER SERV OTHER GOVTS 16,555 G2374 12,425.00 G G TOTAL INTERGOVERNMENTAL CHARGES 16,555 12,425.00 INTEREST AND EARNINGS 30,386 G2401 28,020.00 G G TOTAL USE OF MONEY AND PROPERTY 30,386 28,020.00 INSURANCE RECOVERIES 1,143 G2680 179.00 G G TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS 1,143 179.00 UNCLASSIFIED (SPECIFY) 105 G2770 0 G G TOTAL MISCELLANEOUS LOCAL SOURCES 105 0 61 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES S TOTAL TOTAL REVENUES 1,824,957 1,887,475.00 INTERFUND TRANSFERS 89,659 G5031 0 G G TOTAL INTERFUND TRANSFERS 89,659 0 TOTAL TOTAL OTHER SOURCES 89,659 0 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,914,616 1,887,475.00 62 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE . YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES SANITARY SEWERS, PERS SERV 526,096 G8120.1 S 37,420.00 SANITARY SEWERS, EQUIP & CAP OUTLAY 29,927 G8120.2 629.00 SANITARY SEWERS, CONTR EXPEND 475,592 G8120.4 384,579.00 G TOTAL SANITARY SEWERS 531,615 G8120.0 422,628.00 JOINT SEWER PROJECT, CONTR EXPEND 596,415 G8150.4 539,500.00 G TOTAL JOINT SEWER PROJECT 596,415 G8150.0 539,500.00 G G G G G TOTAL HOME AND COMMUNITY SERVICES 1,128,030 962,128.00 STATE RETIREMENT, EMPL BNFTS 468 G9010.8 1,433.00 SOCIAL SECURITY , EMPL BNFTS 1,868 G9030.8 2,765.00 WORKER'S COMPENSATION, EMPL BNFTS 102 G9040.8 7,440.00 DISABILITY INSURANCE, EMPL BNFTS 70 G9055.8 61.00 HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT 519 G9060.8 1,220.00 TOTAL EMPLOYEE BENEFITS 3,027 12,919.00 DEBT PRINCIPAL, SERIAL BONDS 392,570 G9710.6 420,475.00 TOTAL DEBT PRINCIPAL 392,570 420,475.00 DEBT INTEREST, SERIAL BONDS 310,409 G9710.7 269,525.00 TOTAL DEBT INTEREST 310,409 269,525.00 TOTAL EXPENDITURES 1,834,036 1,665,047.00 63 • • • TOWN OF ITHACA . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER RESULTS OF OPERATIONS FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 DETAIL EXPENDITURES AND OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES 51,834,036 64 EDP FOR THE FISCAL CODE YEAR ENDED 1996 $ 1,665,047.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 i' (G) SEWER RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF.CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* PRIOR PERIOD ADJ.- INCREASE IN FUND EQUITY PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY RESTATED FUND EQUITY - BEG OF YEAR ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $558,567 G8021 0 G8012 0 G8015 558,567 G8022 1,914,616 1,834,036 639,147 G8029 5639,147 639,147.00 1,887,475.00 1,665,047.00 861,575.00 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE - REPORTED AS A PRIOR PERIOD ADJUSTMENT. r TOWN OF ITHACA 0 66 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 • (G) SEWER SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAX ITEMS $567,920 G1099M 5 602,950.00 EST REV - DEPARTMENTAL INCOME 1,107,967 G1299M 1,163,000.00 EST REV -INTERGOVERNMENTAL CHARGES 3,000 G2399M 5,000.00 EST REV - USE OF MONEY AND PROPERTY 12,000 G2499M 15,000.00 EST REV -MISCELLANEOUS LOCAL SOURCES 1,000 G2799M 1,000.00 G M G M TOTAL ESTIMATED REVENUES 1,691,887 1,786,950.00 ESTIMATED - INTERFUND TRANSFER 0 G5031M APPROPRIATED FUND BALANCE 235,044 G 599M G M G M TOTAL ESTIMATED OTHER SOURCES 235,044 M M TOTAL ESTIMATED REVENUES AND OTHER SOURCES 1,926,931 1,786,950.00 0 66 r� TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 APPROPRIATIONS APP - HOME AND COMMUNITY SERVICES APP - EMPLOYEE BENEFITS APP - DEBT SERVICE TOTAL ESTIMATED EXPENDITURES OTHER BUDGETARY PURPOSES TOTAL ESTIMATED OTHER USES fo TOTAL APPROPRIATIONS • EDP CODE $1,197,233 G8999M 11,718 G9199M 717,979 G9899M G M G M 1,926,930 1 G 962M G M G M 1 M M 1,926,931 67 I FOR THE FISCAL YEAR ENDED 1996 1 1 •: 11 EM.MAIN111 WMAI 1 11 1,773,949.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (G) SEWER SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 OUTSTANDING ENCUMBRANCES HOME & COMM. SERV. - ENCUMBR. $419 G8998M $ 20,330.00 G M G M TOTAL OUTSTANDING ENCUMBRANCES 419 20.330.00 68 (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 1996 FOR THE FISCAL EDP YEAR ENDED 1995 CODE 69 $33 SF 200 19,715 SF 201 SF SF 19,748 19,748 FOR THE FISCAL YEAR ENDED 1996 5 33.00 16,414.00 16,447.00 16,447.00 L� 70 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SF) FIRE PROTECTION BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $0 SF 600 S SF SF TOTAL ACCOUNTS PAYABLE 0 DUE.TO OTHER FUNDS SF 630 12,082.00 TOTAL TOTAL LIABILITIES 0 12.082.00 UNRESERVED FUND BALANCE UNAPPROPRIATED 19,748 SF 911 4,365.00 SF SF TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 19,748 4,365.00 TOTAL TOTAL FUND EQUITY 19,748 4,365.00 TOTAL LIABILITIES AND FUND EQUITY 19,748 16,447.00 L� 70 C7 71 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SF) FIRE PROTECTION RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES REAL PROPERTY TAXES $1,385,173 SF1001 5 1,520,091.00 SF SF TOTAL REAL PROPERTY TAXES 1,385,173 1,520,091.00 OTHER PAYMENTS IN LIEU OF TAXES 11,758 SF1081 6,625.00 SF SF TOTAL REAL PROPERTY TAX ITEMS 11,758 SALES TAX (FROM COUNTY) 1.00 000 SF1120 75,000.00 • SF SF TOTAL NON PROPERTY TAX ITEMS 100,000 75,000.00 INTEREST AND EARNINGS 26,203 SF2401 6,992.00 SF SF TOTAL USE OF MONEY AND PROPERTY 26,203 6,992.00 TOTAL TOTAL REVENUES 1,523,134 1,608,708.00 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,523,134 1,608,708.00 C7 71 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SF) FIRE PROTECTION RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES FIRE PROTECTION, CONTR EXPEND TOTAL FIRE PROTECTION TOTAL PUBLIC SAFETY TOTAL EXPENDITURES . TOTAL DETAIL EXPENDITURES AND OTHER USES • 51,512, 173 SF3410.4. $ 1,624,091.00 SF 1,512, 173 SF3410 .0 1,624,091.00 SF SF SF SF SF 1,512,173 1,512,173 1,512,173 72 �:Q, 1• 11 1• 11 TOWN OF ITHACA ANNUAL UPDATE -DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SF) FIRE PROTECTION RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY.- BEGINNING OF YEAR* PRIOR PERIOD ADJ.- INCREASE IN FUND EQUITY PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY RESTATED FUND EQUITY - BEG OF YEAR ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $8,787 SF8021 0 SF8012 0 SF8015 8,787 SF8022 1,523,134 1,512,173 19,748 SF8029 $19,748 1,608,708.00 1,624,091.00 4,365.00 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 73 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED 1996 (SF) FIRE PROTECTION SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAXES EST REV - REAL PROPERTY TAX ITEMS EST REV - DEPARTMENTAL INCOME EST REV - USE OF MONEY AND PROPERTY TOTAL ESTIMATED REVENUES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 51,385,173 SF1049M 17,000 SF1099M 100,000 SF1299M 10,000 SF2499M SF M SF M 1,512,173 1,512,173 74 M M FOR THE.FISCAL YEAR ENDED 1996 5 1,520,091.00 6,625.00 75,000.00 6.991.00 1,608,708.00 1,608,708.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SF) FIRE PROTECTION SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE APPROPRIATIONS APP - PUBLIC SAFETY TOTAL ESTIMATED EXPENDITURES TOTAL APPROPRIATIONS $1,512,173 SF3999M SF M SF M 1,512,173 1,512,173 75 M M FOR THE FISCAL YEAR ENDED 1996 (SL) LIGHTING BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH TOTAL ASSETS s TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE 'FISCAL YEAR ENDED 1996 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 76 $41 SL 200 6,862 SL 201 SL SL 6,903 6,903 5,592.00 5,592.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT F THE FISCAL YE EN • OR AR DED 1996 (SL) LIGHTING BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE TOTAL TOTAL LIABILITIES 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 r 1 L_J .FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 77 $596 SL 600 $ (1,148.00) SL SL 596 (1,148-00) 596 (1,148.00) 2,005 SL 910 2,005.00 SL SL 2,005 2,005.00 4,302 SL 911 4,735.00 SL SL 4,302 4,735.00 6,307 6,903 TOWN OF ITHACA r 1 L_J 78 ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED 1996 (SL) LIGHTING RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES REAL PROPERTY TAXES $12,479 SL1001 5 12,218.00 SL SL TOTAL REAL PROPERTY TAXES 12,479 12,218.00 INTEREST AND EARNINGS 862 SL2401 375.00 SL SL TOTAL USE OF MONEY AND PROPERTY 862 375.00 UNCLASSIFIED (SPECIFY) 1,819 SL2770 1.818.00 SL •SL TOTAL MISCELLANEOUS LOCAL SOURCES 1,819 1,818.00 TOTAL TOTAL REVENUES 15,160 14,411.00 TOTAL DETAIL REVENUES AND OTHER SOURCES 15,160 14,411.00 r 1 L_J 78 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED -1996 (SL) LIGHTING RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE - YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES STREET LIGHTING, CONTR EXPEND $14,626 SL5182.4 $ 13,978.00 SL TOTAL STREET LIGHTING 14,626 SL5182.0 11,978.00 SL SL SL SL SL TOTAL TRANSPORTATION 14,626 13,978.00 TOTAL EXPENDITURES 14,626 • TOTAL DETAIL EXPENDITURES AND OTHER USES 14,626 13,978.00 • 79 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SL) LIGHTING RESULTS OF OPERATIONS FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1995 CODE ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* PRIOR PERIOD ADJ - INCREASE IN FUND EQUITY PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY RESTATED FUND EQUITY - BEG OF YEAR ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $5,773 SL8021 0 SL8012 0 SL8015 5,773 SL8022 15,160 14,626 6,307 SL8029 FOR THE FISCAL YEAR ENDED 1996 56,307 14,411.00 13,978.00 6,740.00 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF -A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 80 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SL) LIGHTING SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 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 81 $12,560 SL1049M 955 SL2499M SL M SL M 13,515 1,580 SL 599M SL M SL M 1,580 15,095 M M $ 12.300.00 240.00 12,540.00 2,005.00 2,005.00 14,545.00 • U TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (SL) LIGHTING SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 APPROPRIATIONS APP - TRANSPORTATION TOTAL ESTIMATED EXPENDITURES TOTAL APPROPRIATIONS 82 EDP FOR THE FISCAL CODE YEAR ENDED 1996 *15,095 SL5999M $ 14,545.00 SL M SL M 15,095 15,095 M M 14,545.00 (V) DEBT SERVICE BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH DUE FROM OTHER FUNDS TOTAL DUE FROM OTHER FUNDS TOTAL ASSETS • TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 *0 V200 S 4, 879 V201 5,016.00 V V 83 4,879 0 V391 V 0 4,879 5,016.00 5,016.00 TOWN OF ITHACA 84 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (V) DEBT SERVICE BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $0 V600. $ V V TOTAL ACCOUNTS PAYABLE 0 TOTAL TOTAL LIABILITIES 0 FUND BALANCE -RESERVED FOR BONDED DEBT 4,879 V884 5;016.00 V V • TOTAL SPECIAL RESERVES 4,879 5,016.00 UNRESERVED FUND BALANCE UNAPPROPRIATED 0 V91,1 V V TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 0 TOTAL TOTAL FUND EQUITY 4,879 5,016.00 TOTAL LIABILITIES AND FUND EQUITY 4,879 5,016.00 84 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (V) DEBT SERVICE RESULTS OF OPERATIONS 85 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES INTEREST AND EARNINGS *3,023 V2401 S 137.00 V V TOTAL USE OF MONEY AND PROPERTY 3,023 137.00 TOTAL TOTAL REVENUES 3,023 137.00 INTERFUND TRANSFERS 0 V5031 0 V V TOTAL INTERFUND TRANSFERS 0 0 TOTAL TOTAL OTHER SOURCES 0 0 TOTAL DETAIL REVENUES AND OTHER SOURCES 3,023 137.00 85 r1 (V) DEBT SERVICE RESULTS OF OPERATIONS TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 DETAIL EXPENDITURES AND OTHER USES TRANSFERS, OTHER FUNDS $0 TOTAL TRANSFERS 0 TOTAL OTHER USES 0 TOTAL DETAIL EXPENDITURES AND OTHER USES 0 86 EDP FOR THE FISCAL CODE YEAR ENDED 1996 V9901.9 S 0 0 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT • - FOR THE FISCAL YEAR ENDED 1996 (V) DEBT SERVICE RESULTS OF OPERATIONS FOR THE FISCAL EDP. FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* $1,856 V8021 $4,879 PRIOR PERIOD ADJ.- INCREASE IN FUND EQUITY 0 V8012 PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY 0 V8015 RESTATED FUND EQUITY - BEG OF YEAR 1,856 V8022 ADD - REVENUES AND OTHER SOURCES 3,023 137.00 FUND EQUITY - END OF YEAR* 4,879 V8029 5.016.00 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN • GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. • 87 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED 1996 (H) CAPITAL PROJECTS BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ASSETS CASH TOTAL CASH INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS ACCOUNTS RECEIVABLE • TOTAL OTHER RECEIVABLES (NET) DUE FROM OTHER FUNDS TOTAL DUE FROM OTHER FUNDS CASH SPECIAL RESERVES TOTAL RESTRICTED ASSETS TOTAL ASSETS 51,993 H200 2,417 100,000 H391 H H 100,000 557,757 H230 H H 557,757 1,362,167 H 0 0 0 0 0 0 1,565,633.00 1,565,633.00 1,565.991.00 H H 1,993 700,000 H451 H H 700,000 2,417 H380 H H 2,417 100,000 H391 H H 100,000 557,757 H230 H H 557,757 1,362,167 H 0 0 0 0 0 0 1,565,633.00 1,565,633.00 1,565.991.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (H) CAPITAL PROJECTS BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE '51,635 H600 5 0 H H TOTAL ACCOUNTS PAYABLE 1,635 0 RETAINED PERCENTAGES, CONT PAY 0 H605 H H ' TOTAL RETAINED PERCENTAGES 0 BOND ANTICIPATION NOTES PAYABLE 215,000 H626 0 H H TOTAL NOTES PAYABLE, 215,000 0 DUE TO OTHER FUNDS 0 H630 H H TOTAL DUE TO OTHER FUNDS 0 TOTAL TOTAL LIABILITIES 216,635 0 RESERVE FOR ENCUMBRANCES 0 H821 H H TOTAL RESERVE FOR ENCUMBRANCES 0 CAPITAL RESERVE 1,312, 105 H878 1,565,991.00 H H TOTAL SPECIAL RESERVES 1,312,105 1,565,991.00 UNRESERVED FUND BALANCE UNAPPROPRIATED -166,573 H911 0 89 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (H) CAPITAL PROJECTS BALANCE SHEET FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 LIABILITIES AND FUND EQUITY TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY L.J -166,573 1,145,532 1,362,167 90 EDP FOR THE FISCAL CODE YEAR ENDED 1996 H S H 0 1,565,991.00 1,565,991.00 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (H) CAPITAL PROJECTS RESULTS OF OPERATIONS 91 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL REVENUES AND OTHER SOURCES INTEREST AND EARNINGS $40,440 H2401 $ 0 H H TOTAL USE OF MONEY AND PROPERTY 40,440 0 TOTAL TOTAL REVENUES 40,440 0 INTERFUND TRANSFERS 207,613 H5031 0 H H TOTAL INTERFUND TRANSFERS 207,613 0 SERIAL BONDS 0 H5710 H H TOTAL PROCEEDS OF OBLIGATIONS 0 TOTAL TOTAL OTHER SOURCES 207,613 0 TOTAL DETAIL REVENUES AND OTHER SOURCES 248,053 0 91 • (H) CAPITAL PROJECTS RESULTS OF OPERATIONS TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 • 92 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 DETAIL EXPENDITURES AND OTHER USES SEWER, EQUIP & CAP OUTLAY $69,021 H8197.2 5 0 WATER CAPITAL PROJECTS, EQUIP & CAP OUTLAY 63,256 H8397.2 0 H H H H H TOTAL HOME AND COMMUNITY SERVICES 132,277 0 TOTAL EXPENDITURES 132,277 0 • TRANSFERS, OTHER FUNDS 93,836 H9901.9 0 TOTAL TRANSFERS 93,836 0 TOTAL OTHER USES 93,836 0 TOTAL DETAIL EXPENDITURES AND OTHER USES 226,113 0 • 92 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (H) CAPITAL PROJECTS RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* $1,123,592 H8021 $1,145,532 PRIOR PERIOD ADJ.- INCREASE IN FUND EQUITY 0 H8012 PRIOR PERIOD ADJ - DECREASE IN FUND EQUITY 0 H8015 RESTATED FUND EQUITY - BEG OF YEAR 1,123,592 H8022 420,459.00 ADD - REVENUES AND OTHER SOURCES 248,053 0 DEDUCT - EXPENDITURES AND OTHER USES 226,113 0 FUND EQUITY - END OF YEAR* 1,145,532 H8029 1.565.991.00 TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR RETAINED EARNINGS OR FUND EQUITY FOR PROPRIETARY FUNDS. ADJUSTMENTS TO BEGINNING FUND EQUITY RESULTING FROM A CORRECTION OF A PRIOR YEAR'S ACCOUNTING ERROR SHOULD BE REPORTED AS A PRIOR PERIOD ADJUSTMENT. 93 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (TA) AGENCY BALANCE SHEET DESCRIPTION ASSETS CASH TOTAL CASH DEFERRED COMP PLAN ASSETS TOTAL INVESTMENTS CASH, SPECIAL RESERVES TOTAL RESTRICTED ASSETS OTHER ASSETS COLLATERAL ';FCURTTTFS TOTAL OTHER TOTAL ASSETS FOR THE FISCAL YEAR ENDED 1995 EDP FOR THE FISCAL CODE YEAR ENDED 1996 019,108 TA 200 S 47,682.00 TA TA 19,108 47,682.00 18,227 TA 460 0 TA TA 18,227 0 2,584 TA 230 29584.00 TA TA 2,584 2,584.00 722 TA 489 n TA 455 5,680,320.00 TA 722 5,680,320.00 40,641 5.730,587.00 94 0 Is TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (TA) AGENCY BALANCE SHEET DESCRIPTION LIABILITIES DUE TO OTHER FUNDS TOTAL DUE TO OTHER FUNDS NYS RETIREMENT CONSOLIDATED PAYROLL DEFERRED COMPENSATION DISABILITY INSURANCE GROUP INSURANCE NYS INCOME TAX SOCIAL SECURITY TAX GUARANTY & BID DEPOSITS OTHER FUNDS (SPECIFY) DEPOSIT OF SECURITIES ESCROW PLANNING & OTHER REVIEW FEES TOTAL AGENCY LIABILITIES TOTAL TOTAL LIABILITIES FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 95 SO TA 630 TA TA 0 TA 18 -396 TA 10 18,227 TA 17 0 TA 19 5,473 TA 20 0 TA 21 5 TA 26 855 TA 30 16,477 TA 85 TA TA 40,641 40,641 $ 9,731.00 9,731.00 12,812.00 607.00 2,114.00 1,856.00 12.00 855.00 5.680,320.00 21.789.00 TOWN OF ITHACA • 96 ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED 1996 (K) GENERAL FIXED ASSETS BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ASSETS LAND $118,849 K101 $ 118.849.00 BUILDINGS 410,674 K102 410.674.00 MACHINERY & EQUIPMENT 1,675,942 K104 1.675,942.00 TMPR OTPER THAN BLDG, K i m _ 258,467.00 K TOTAL ASSETS 2,205,465 2.463,932.00 • 96 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (K) GENERAL FIXED ASSETS BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 INVESTMENT IN GENERAL FIXED ASSETS INVEST GENERAL FXD ASSETS -CURRENT APP $1,641,535 K152 5 1,900,002.00 INVEST GENERAL FXD ASSETS -GIFTS 44,500 K153 44,500.00 INVEST GENERAL FXD ASSETS -FEDERAL AID 519,430 K157 519,430.00 K K TOTAL INVESTMENT IN GENERAL FIXED ASSETS 2,205,465 2,463,932.00 97 k TOWN OF ITHACA ANNUAL UPDATE DOCUMENT • FOR THE FISCAL YEAR ENDED 1996 (W) GENERAL LONG-TERM DEBT BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1995 CODE YEAR ENDED 1996 ASSETS - AMT AVAILABLE IN DEBT SERVICE FUND 54,879 W120 5 AMTS TO BE PROV FOR LONG-TERM 7,988,661 W125 7.143.289.00 W W TOTAL ASSETS 7,993,540 7,143,289.00 F_ i LJ 98 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1996 (W) GENERAL LONG-TERM DEBT BALANCE SHEET DESCRIPTION LIABILITIES INSTALLMENT PURCHASE DEBT COMPENSATED ABSENCES TOTAL OTHER LIABILITIES DUE TO EMPLOYEES' RETIREMENT SYSTEM TOTAL DUE TO OTHER GOVERNMENTS BONDS PAYABLE TOTAL BOND AND LONG TERM LIABILITIES TOTAL TOTAL LIABILITIES FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1995 CODE YEAR ENDED 1996 $0 W685 $ 45,813 W687 37,723.00 W W 45,813 37,723.00 54,181 W637 67,041.00 W W 54,181 67,041.00 7,893,546 W628 7,038,525.00 W W 7,893,546 7,038,525.00 7,993,540 7,143,289.00 99 *** SUPPLEMENTAL SECTION *** 100 STATEMENT OF INDEBTEDNESS 101 WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT ., TAX ANTICIPATION NOTES • I I ILIST SEPARATELY BY DATE OF ISSUE I EDPCODE AMOUNT I I ITAX ANTICIPATION NOTE NO. 1 [ I IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I IOUTSTANDING BEGINNING OF YEAR 2P18611 $ I IISSUED DURING FISCAL YEAR 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 [FINAL MATURITY DATE I I i ITAX ANTICIPATION NOTE NO. 2 I I (MONTH AND YEAR OF ISSUE I (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18611 $ I IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18613 5 I [PAID DURING FISCAL YEAR [ (DO NOT INCLUDE RENEWALS HERE) 2P18615 S I (OUTSTANDING END OF FISCAL YEAR 2P18617 S IFINAL MATURITY DATE I ITAX ANTICIPATION NOTE NO. 3 I I I IMONTH AND YEAR OF ISSUE I [CURRENT INTEREST RATE I [OUTSTANDING BEGINNING OF YEAR 2P18611 S I IISSUED DURING FISCAL YEAR I 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 (FINAL MATURITY DATE I I TOTAL TAX ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR $ 0 ISSUED DURING FISCAL YEAR $ 0 PAID DURING FISCAL YEAR $ 0 OUTSTANDING END OF FISCAL YEAR $ 0 101 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT REVENUE ANTICIPATION NOTES (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I IREVENUE ANTICIPATION NOTE NO. 1 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18621 S (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18623 S [PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18625 $ (OUTSTANDING END OF FISCAL YEAR 2P18627 $ I IFINAL MATURITY DATE I I IREVENUE ANTICIPATION NOTE NO. 2 I I I IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18621 $ I (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18623 S I IPAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18625 $ I (OUTSTANDING END.OF FISCAL YEAR 2P18627 $ ]FINAL MATURITY DATE I I I IREVENUE ANTICIPATION NOTE NO. 3 I I I IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR. 2P18621 $ I (ISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18623 S I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18625 $ I (OUTSTANDING END OF FISCAL YEAR 2P18627 $ I (FINAL MATURITY DATE I I TOTAL REVENUE ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR $ 0 ISSUED DURING FISCAL YEAR $ 0 PAID DURING FISCAL YEAR $ 0 OUTSTANDING END OF FISCAL YEAR $ 0 102 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BUDGET NOTES I (LIST SEPARATELY BY DATE OF ISSUE I (BUDGET NOTE NO. 1 I (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING 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 (BUDGET NOTE NO. 2 1 IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) �(PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I IBUDGET NOTE NO. 3 1 • EDPCODE AMOUNT 2P18631 S 2P18633 2P18635 2P18637 2PIS631 2P18633 2P18635 2P18637 S IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18631 $ (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18633 S (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18635 $ IOUTSTANDING END OF FISCAL YEAR 2P18637 $ IFINAL MATURITY.DATE TOTAL BUDGET NOTES OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR 103 AMOUNT $ 0 5 0 5 0 S 0 1 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT 0 CAPITAL NOTES ILIST SEPARATELY BY.DATE OF ISSUE (CAPITAL NOTE NO. 1 1 IMONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) IPAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) [OUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I ICAPITAL NOTE NO. 2 . I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING 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 (FINAL MATURITY DATE I ICAPITAL NOTE NO. 3 1 -- (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) IPAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I TOTAL CAPITAL NOTES OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR • 104 EDPCODE AMOUNT S S 2P4 57 $ S S 2P4 57 5 2P4 57 S AMOUNT 2P18651 0 2P18653 0 2P18655 0 2P18657 0 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES I I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I I I BOND ANTICIPATION NOTE NO. 1 WEST HAVEN SEWER (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I 2P4 67 $ 01 02/96 I I (BOND ANTICIPATION NOTE NO. 2 I I I (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) S I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) $ I (OUTSTANDING END OF FISCAL YEAR 2P4 .67 S I (FINAL MATURITY DATE I I I (BOND ANTICIPATION NOTE N.O. 3 I (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) IOUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I 105 2P4 67 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT • BOND ANTICIPATION NOTES (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I (BOND ANTICIPATION NOTE NO. 4 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE [OUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) IPAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I (BOND ANTICIPATION NOTE NO. 5 1 [MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) IPAID DURING FISCAL YEAR •I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I 2P4 67 2P4 67 (BOND ANTICIPATION NOTE NO. 6 [ I I (MONTH AND YEAR OF ISSUE I (CURRENT INTEREST RATE I IOUTSTANDING BEGINNING OF YEAR. $ I (ISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) $ I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) S I IOUTSTANDING END OF FISCAL YEAR 2P4 67 S IFINAL MATURITY DATE 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 106 2P18661 S 0 2P18663 $ 0 2P18665 S 0 2P18667 $ 0 0 2P18885 5 0 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT (BOND NO. 1 I 1 1976 WATER AND SEWER IMPROVEMENTS I IMONTH AND YEAR OF ISSUE 09/76 I (CURRENT INTEREST RATE 6,00 I IOUTSTANDING BEGINNING OF YEAR 2P18671 $ 220,000.001 (ISSUED DURING FISCAL YEAR 2P18673 5 0 1 I PAID DURING FISCAL YEAR 2P18675 5_ 70,000.001 [ OUTSTANDING END OF FISCAL YEAR 2P18677 $ 150,000.001 IFINAL MATURITY DATE 1 03/03 1 I [BOND NO. 2 1 1 1986 PUBLIC IMPROVEMENTS 1 (MONTH AND YEAR OF ISSUE 05/86 [ [CURRENT INTEREST RATE 6.80 I IOUTSTANDING BEGINNING OF YEAR 2P18671 $1,650,000.001 (ISSUED DURING FISCAL YEAR 2P18673 5 0 1 (PAID DURING FISCAL YEAR 2P18675 5 150,000.001 • IOUTSTANDING END OF FISCAL YEAR 2P18677 $1,500,000.001 IFINAL MATURITY DATE I 05/06 I [BOND NO. 3 1 1 1983 PUBLIC IMPROVEMENT: I IMONTH AND YEAR OF ISSUE 05/83 I ICURRENT INTEREST RATE 7.10 I IOUTSTANDING BEGINNING OF YEAR 2P18671 S 110.000.001 IISSUED DURING FISCAL YEAR 2P18673 5 0 1 I PAID DURING FISCAL YEAR 2P18675 $ 40.000.001 IOUTSTANDING END OF FISCAL YEAR 2P18677 $ 70.000.001 (FINAL MATURITY DATE 1 06/98 1 [ (BOND NO. 4 1 1 1989 PUBLIC IMPROVEMENT. (MONTH AND YEAR OF ISSUE 03/89 I ICURRENT INTEREST RATE 7.30 I (OUTSTANDING BEGINNING OF YEAR 2P18671 51;840,000.001 (ISSUED DURING FISCAL YEAR 2P18673. $ 0 1 I -PAID DURING FISCAL YEAR 2P18675 $ 125.000.001 [OUTSTANDING END OF FISCAL YEAR 2P18677 51.715.000.001 IFINAL MATURITY DATE 03/08 1 r 1 L J 107 STATEMENT OF INDEBTEDNESS • WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT BOND N0.8. SCLIWC ZEBRA MUSSELL PROJECT I MONTH AND YEAR OF ISSUE 01/92 I (CURRENT INTEREST RATE 6.00 I (OUTSTANDING BEGINNING OF YEAR 2P18671 S_ 31,361.001 (ISSUED DURING FISCAL YEAR 2P18673 $ 0 1 IPAID DURING FISCAL YEAR 2P18675 S_ 5.186.001 IOUTSTANDING END OF FISCAL YEAR 2P18677 S 26,175.001 IFINAL MATURITY DATE 1 06/00 I I BOND NO. 9 SCLIWC ZEBRA MUSSELL PROJECT I I MONTH AND YEAR OF ISSUE 01/93 I (CURRENT INTEREST RATE .4.5 % I )OUTSTANDING BEGINNING OF YEAR 2P18671 S 3.1,361.001 (ISSUED DURING FISCAL YEAR 2P18673 S 0 1 (PAID DURING FISCAL YEAR 2P18675 S 5,186.001 (OUTSTANDING END OF FISCAL YEAR 2P18677 S 26,175.001 [FINAL MATURITY DATE 1 06/00 1 I (BOND NO. 1 I IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18671 S I (ISSUED DURING FISCAL YEAR 2P18673 S I IPAID DURING FISCAL YEAR 2P18675 S (OUTSTANDING END OF FISCAL YEAR 2P18677 $ I IFINAL MATURITY DATE I 1 1 IBOND NO. I 1 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18671 S I (ISSUED DURING FISCAL YEAR 2P18673 S I IPAID DURING FISCAL YEAR 2P18675 S I (OUTSTANDING END OF FISCAL YEAR 2P18677 S IFINAL MATURITY DATE 107A STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT • 108 BONDS • I I (LIST SEPARATELY BY DATE OF ISSUE I EDPCODE AMOUNT I I IBOND NO. 5 I I SCLIWC 1 IMONTH AND YEAR OF ISSUE 11/76 I (CURRENT INTEREST RATE 6.70 I OUTSTANDING BEGINNING OF YEAR 2P18671 5 239,616.00 I IISSUED DURING FISCAL YEAR 2PIS673 $ 0 I IPAID DURING FISCAL YEAR 2P18675 5 239.616.00 I (OUTSTANDING END OF FISCAL YEAR 2P18677 5 0 I (FINAL MATURITY DATE 08/96 I (BOND NO. 6. i I SCLIWC ZEBRA MUSSELL PROJECT i (MONTH AND YEAR OF ISSUE 12191 I (CURRENT INTEREST RATE 6.00 I [OUTSTANDING BEGINNING OF YEAR 2P18671 $ 31,361.001 (ISSUED DURING FISCAL YEAR 2P18673 5 0 1 I PAID DURING FISCAL YEAR 2P18675 5 '5,186.001 (OUTSTANDING END OF FISCAL YEAR 2P18677 5 26,175.001 IFINAL MATURITY DATE 06/00 1 1 I IBOND NO. 7 I 1 1991 PUBLIC IMPROVEMENTS I IMONTH AND YEAR OF ISSUE 07/91 1 I CURRENT INTEREST RATE 6.625 I (OUTSTANDING BEGINNING OF YEAR 2P18671 $3,725,000.001 (ISSUED DURING FISCAL YEAR 2P18673 $ 0 1 I PAID DURING FISCAL YEAR 2P18675 $ 200.000.001 (OUTSTANDING END OF FISCAL YEAR 2P18677 $3,525,000.001 IFINAL MATURITY DATE I 07/11 1 I TOTAL BONDS AMOUNT OUTSTANDING BEGINNING OF YEAR $7,893,546.00 ISSUED DURING FISCAL YEAR $ 0 PAID DURING FISCAL YEAR 5 855.021.00 OUTSTANDING END OF FISCAL YEAR 57.038.525.00 • 108 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT CAPITAL NOTES . I I ILIST SEPARATELY BY DATE OF ISSUE I EDPCODE AMOUNT [ I (CAPITAL NOTE NO. 1 I IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I IOUTSTANDING BEGINNING OF YEAR 2P18751 S I IISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18753 S I IPAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18755 S I IOUTSTANDING END OF FISCAL YEAR 2P18757 S I (FINAL MATURITY DATE [CAPITAL NOTE NO. 2 I IMONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18751 S I (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18753 S I (PAID DURING FISCAL YEAR I �[ (DO NOT INCLUDE RENEWALS HERE) 2PIS755 $ I (OUTSTANDING END OF FISCAL YEAR 2P18757 S I (FINAL MATURITY DATE I I (CAPITAL NOTE NO..3 I I I ,IMONTH AND YEAR OF ISSUE I (CURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18751 S I (ISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18753- S I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18755 S I (OUTSTANDING END OF FISCAL YEAR 2P18757 S I IFINAL MATURITY DATE I I I TOTAL CAPITAL NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR S 0 ISSUED DURING FISCAL YEAR $ 0 PAID DURING FISCAL YEAR S 0 OUTSTANDING END OF FISCAL YEAR S 0 0 109 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES I ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT (BOND ANTICIPATION NOTE NO. 1 IMONTH AND YEAR OF ISSUE [CURRENT INTEREST RATE IOUTSTANDING.BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) [PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I (BOND ANTICIPATION NOTE NO. 2 1 IMONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE [OUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR �I (DO NOT INCLUDE RENEWALS HERE) (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I IBOND ANTICIPATION NOTE NO. 3 I 2P18761 2P18763 2P18765 2P18767 s 2P18761 $ 2P18763 S 2P18765 $ 2P18767 S [MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18761 IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18763 (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18765 [OUTSTANDING END OF FISCAL YEAR 2P18767 .IFINAL MATURITY DATE llo STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I IBOND ANTICIPATION NOTE NO. 4 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18761 5 (ISSUED DURING FISCAL YEAR - I (DO NOT INCLUDE RENEWALS HERE) 2P18763 S (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18765 S [OUTSTANDING END OF FISCAL YEAR 2P18767 $ IFINAL MATURITY DATE I (BOND ANTICIPATION NOTE NO. 5 I [MONTH AND YEAR OF ISSUE [CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18761 $ IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18763 $ [PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18765 $ (OUTSTANDING END OF FISCAL YEAR 2P18767 $ (FINAL MATURITY DATE 11 (BOND ANTICIPATION NOTE NO. 6 1 [MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18761 S [ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18763 S IPAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18765 S [OUTSTANDING END OF FISCAL YEAR 2P18767 S 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 111 2P18885 S AMOUNT STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT • BONDS I (LIST SEPARATELY BY DATE OF ISSUE (BOND NO. 1 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR IOUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE IBOND NO. 2 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR • IOUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I (BOND NO. 3 I (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR (PAID DURING FISCAL YEAR d (OUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO. 4 [MONTH AND YEAR OF ISSUE [CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR (PAID DURING FISCAL YEAR IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE • 112 EDPCODE 2P18771 2P18773 2P18775 2P18777 AMOUNT 2P18771 S 2P18773 S 2P18775. S 2P18777 S 2818771 S 2P18773 S 2P18775 S 2P18777 S 2P18771 S 2P18773 S 2P18775 S 2P18777 $ STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT IBOND NO. 5 (MONTH AND YEAR OF ISSUE [ ICURRENT INTEREST RATE [ IOUTSTANDING BEGINNING OF YEAR 2P18771 S (ISSUED DURING FISCAL YEAR 2P18773 S [ [PAID DURING FISCAL YEAR 2P18775 S [ (OUTSTANDING END OF FISCAL YEAR 2P18777 S I (FINAL MATURITY DATE [ (BOND NO. 6 I I [MONTH AND YEAR OF ISSUE [ ICURRENT INTEREST RATE [ (OUTSTANDING BEGINNING OF YEAR 2P18771 S I (ISSUED DURING FISCAL YEAR 2P18773 S I IPAID DURING FISCAL YEAR 2P18775 S [ IOUTSTANDING END OF FISCAL.YEAR 2P18777 S [ IFINAL MATURITY DATE [ (BOND NO. 7 [ [MONTH AND YEAR OF ISSUE [ (CURRENT INTEREST RATE [ [OUTSTANDING BEGINNING OF YEAR 2P18771 S I (ISSUED DURING FISCAL YEAR 2P18773 S I' (PAID DURING FISCAL YEAR 2P18775 S I (OUTSTANDING END OF FISCAL YEAR 2P18777 S [ IFINAL MATURITY DATE [ TOTAL BONDS AMOUNT OUTSTANDING BEGINNING OF YEAR S 0 ISSUED DURING FISCAL YEAR S 0 PAID DURING FISCAL YEAR S 0 OUTSTANDING END OF FISCAL YEAR S 0 113 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT STATE OR AUTHORITY LOANS (STATE OR AUTHORITY LOANS EDPCODE AMOUNT IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18791 $ I IISSUED DURING FISCAL YEAR 2P18793 $ I IPAID DURING FISCAL YEAR 2P18795 S I (OUTSTANDING END OF FISCAL YEAR 2P18797 $ I IFINAL MATURITY DATE I I i TOTAL OF ALL INDEBTEDNESS INCLUDES TOTAL OF ALL BONDS AND NOTES - EXEMPT AND NOT EXEMPT OUTSTANDING BEGINNING OF YEAR S ISSUED DURING FISCAL YEAR S PAID DURING FISCAL YEAR S OUTSTANDING END OF FISCAL YEAR S 114 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 OTHER (PLEASE SPECIFY)( EXEMPT I DATE OF I I TAX I I (FROM DEBTIISSUE OR SANITARY I I INCREMENT I I I LIMIT ILATEST SEWER I WATER I FINANCING I I I (RENEWAL 81 I 83 I 20 I I I (MONTH/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 f I I I I I i I I I I I i I I I I I I I I 1 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 115 MATURITY SCHEDULE USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR • IEDPCODE I I I I I I I I I PURPOSE OF ISSUE I I I I I i I I I I FOR STATE COMPTROLLERI 2P3CE I I I USE ONLY I I I I I I I I I TOTAL PRINCIPAL 12P3PR I I I I I I I I I DATE OF ISSUE 12P3DT I I I I I I I I I INTEREST RATE 12P3PC I I I I (IN DECIMALS) I I I I I I I I f I MONTH, DAY AND YEAR 12P3DM OF FINAL MATURITY I I I I I I I I I i AMOUNT OF PRINCIPAL i 2P396 I I I I REDEEMED IN OR TO BE I I I I I REDEEMED IN FISCAL 12P397 I I I I YEAR ENDING IN (THE LAST TWO DIGITS, 2P398 I I I I OF THE EDP CODE I I I I I CORRESPOND TO THE 12P399 I I I I • FISCAL YEAR ENDED) I I I I I 12P300 I I I I I I I I I 12P301 I I I I I 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 2P305 I I I I I 12P306 I I I I 12P307 I I I I i I I I I 12P308 I I I I 12P309 I I I I I I I I I I 2P310 I I I I I II I I 12P311 I I I I I I I I I 12P312 I I I I • I i I I I 12P313 I I I I I 116 MATURITY SCHEDULE USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR (CONTINUED) AMOUNT OF PRINCIPAL REDEEMED IN OR TO BE REDEEMED IN FISCAL YEAR ENDING IN (THE LAST TWO DIGITS OF THE EDP CODE CORRESPOND TO THE FISCAL YEAR ENDED) IEDPCODE I I I I I 12P314 I I I I I 12P315 I I I I I 12P316 I I I I I 12P317 I I I i I 12P318 I I I I I 12P319 I I I I I 12P320 I I I I I 12P321 I I I I I 12P322 I I I I I 12P323 I I I I 2P324 I I I I I 1.2P325 I I I I 12P326 I I I I 12P327 I I I I I 12P328 I I I I I 2P329 I I I I i 12P330 I i I I I 12P331 I I I I i 12P332 I I I I I 12P333 I I I I I 12P334 I I I I I 12P335 I I I I I 12P336 I I TOTAL 117 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 1996 ONLY TYPE OF DEBT INSTRUMENT: PLEASE ENTER 1 FOR A BOND, 2 FOR A BOND ANTICIPATION NOTE, OR 3 FOR OTHER NOTES. AMOUNT OF ISSUE WAS THIS ISSUE SOLD COMPETITIVELY OR THROUGH NEGOTIATED SALE? PLEASE ENTER 1 IF SOLD COMPETITIVELY, 2 IF NEGOTIATED SALE. CREDIT RATING WHICH ORGANIZATION RATED THE ISSUE? DATE OF ISSUE MONTH, DAY AND YEAR OF FINAL MATURITY LOCAL FINANCE LAW SECTION 11 SUBSECTION AUTHORIZING ISSUANCE PURPOSE OF ISSUE TYPE OF INTEREST RATE: PLEASE ENTER 1 IF FIXED, 2 IF VARIABLE, 3 IF SOLD AT DISCOUNT. INTEREST RATE ON DATE OF ISSUE PAR VALUE PREMIUM AND ACCRUED INTEREST AMOUNT OF SALE/TOTAL PROCEEDS LESS: COST OF ISSUANCE ORIGINAL ISSUE DISCOUNT UNDERWRITERS DISCOUNT LETTER OF CREDIT LIQUIDITY FACILITY OTHER COSTS OF ISSUANCE TOTAL COSTS OF ISSUANCE NET PROCEEDS AVAILABLE FOR PURPOSE OF ISSUE 118 , CCODE EDP CODE AMOUNT ----------------- 6PKOD 6PPR S 6PTOS 6PDT 6PDM 6PPU 6PPOI 6PTIR 6PIR 6PPV S 6PAI S 6PSTP S 6POID $ 6PUD S 6PLC S 6PLF S 6POCI 5 6PTC S 6PNP 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 1996 ONLY (CODE PURCHASE CONTRACTS EDPCODE AMOUNT PURPOSE 3PPI0 (IDENTIFY CAPITAL IMPROVEMENT/PURCHASE) NAME OF VENDOR 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) 3PCCI $ DATE OF CONTRACT SPDC DATE OF FIRST PAYMENT ON CONTRACT 3PFP _/_/, DATE OF LAST PAYMENT ON CONTRACT 3PLP FINANCING TERMS --------------- DOWNPAYMENT 3PDP S' INTEREST RATE SET FORTH IN INSTALLMENT PURCHASE CONTRACT 3PIPIR TOTAL PRINCIPAL AMOUNT OF INSTALLMENT PURCHASE CONTRACT (EXCLUDING INTEREST) 3PAIPC S AMOUNT OF CURRENT YEAR PRINCIPAL PAYMENT ON CONTRACT 3PCYPP S (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 Is NET INTEREST RATE FOR COPS WAS THIS AN AGGREGATED OR POOLED ARRANGEMENT? (PLEASE ENTER 1 IF AGGREGATED, 2 IF POOLED, OR 3 IF NEITHER.) 119 3PLIPC YRS 3PCOPS 3PCOPCN 3PCOPNM 3PCOPPR $ 3PCOPIR 01soil;rAt 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 ------- -------------------- 3-96 3P1.1 3P97 3P12 3P98 3P13 3P99 3P14 3P00 3P15 • 3P01 3P16 3P02 3P17 3P03 3P18 3PO4 3P19 3P05 3P20 3P06 3P21 3P07 3P22 3P08 3P23 3P09 3P24 3P10 3P25 r- 0 • 120 SCHEDULE OF SECURITIES FOR COLLATERALIZATION GENERAL MUNICIPAL LAW SECTION 10 AS AMENDED BY CHAPTER 708 LAWS OF 1992 LISTS ELEVEN TYPES OF SECURITIES WHICH MAY BE PLEDGED FOR COLLATERALIZATION. PLEASE PUT A 1 IN THE RESPONSE COLUMN ON THE LJNE(S) NEXT TO THE TYPE(S) OF SECURITIES USED BY BANKS AS COLLATERAL FOR YOUR DEPOSITS. ELIGIBLE SECURITIES ------------------- EDPCODE RESPONSE 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 1 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. 121 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 13. SURETY BONDS 122 9ZSEC12 9ZSEC13 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 123 AMOUNT 9Z2001 _ -500.00' 9Z2021 677,146.00 9Z2011 2,222,499.00 2,900,145.00 9Z2014 100,000.00 9Z2014A 9Z2014B 3,374, 111.00 9Z2014C 9Z4501 9Z4502 9Z4504A 9Z4504B 9Z4504C 9Z4511 9Z4512 9Z4514A 9Z4514B 9Z4514C 124 SCHEDULE OF TIME DEPOSITS AND INVESTMENTS RESERVE FUNDS EDPCODE AMOUNT • CASH (ALL RESERVE FUNDS): ON HAND 9Z2301 0 DEMAND DEPOSITS 9Z2311 0 TIME DEPOSITS 9Z2321 1,565,991.00 TOTAL 1,565,991.00 COLLATERAL: - FDIC INSURANCE 9Z2324 - SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY 9Z2324A (2) HELD BY THIRD PARTY CUSTODIAL BANK 9Z2324B 2.306,209.00 (3) HELD BY TRADING COUNTER PARTNER 9Z2324C INVESTMENTS (ALL RESERVE FUNDS) - SECURITIES (450) • *BOOK VALUE (COST) 9Z4521 *MARKET VALUE AT BALANCE SHEET DATE 9Z4522 *SECURITIES.LOCATED: (1) IN POSSESSION OF MUNICIPALITY 9Z4524A (2) HELD BY THIRD PARTY CUSTODIAL BANK 9Z4524B (3) HELD BY TRADING COUNTER PARTNER 9Z4524C - REPURCHASE AGREEMENTS (ALL RESERVE FUNDS) (451) *BOOK VALUE (COST) 9Z4531 *MARKET VALUE AT BALANCE.SHEET DATE 9Z4532 *SECURITIES LOCATED: (1) POSSESSION OF MUNICIPALITY 9Z4534A (2) HELD BY THIRD PARTY CUSTODIAL BANK 9Z4534B (3) HELD BY TRADING COUNTER PARTNER 9Z4534C • 124 TOWN OF ITHACA INVESTMENT CERTIFICATION DEFINITIONS REPURCHASE AGREEMENT - A GENERIC TERM FOR AN AGREEMENT IN WHICH A GOVERNMENT ENTITY (BUYER -LENDER) TRANSFERS CASH TO A BROKER-DEALER OR FINANCIAL INSTITUTION (SELLER -BORROWER); THE BROKER-DEALER OR FINANCIAL INSTITUTION TRANSFERS SECURITIES TO THE ENTITY AND PROMISES TO REPAY THE CASH PLUS INTEREST IN EXCHANGE FOR THE SAME SECURITIES OR FOR DIFFERENT SECURITIES. REVERSE REPURCHASE AGREEMENT - AN AGREEMENT IN WHICH A BROKER-DEALER OR FINANCIAL INSTITUTION (BUYER -LENDER) TRANSFERS CASH TO A GOVERNMENT ENTITY (SELLER -BORROWER); THE ENTITY TRANSFERS SECURITIES TO THE BROKER-DEALER OR FINANCIAL INSTITUTION AND PROMISES TO REPAY THE CASH PLUS INTEREST IN EXCHANGE FOR THE SAME SECURITIES OR DIFFERENT SECURITIES. INSTRUCTIONS ------------ PLEASE PUT 1 IN THE RESPONSE COLUMN NEXT TO THE APPROPRIATE ANSWERS IN QUESTIONS 1, 2, AND 3 FOR THE INVESTMENT CERTIFICATION SCHEDULE. * OTHERS (SPECIFY) 125 9ZINV5 EDPCODE AMOUNT 1) HAS YOUR LOCAL GOVERNMENT ADOPTED AN INVESTMENT POLICY AS REQUIRED BY GENERAL MUNICIPAL LAW, SECTION 39? YES 9ZPOLY 1 NO 9ZPOLN 2) IF THE ANSWER TO NUMBER 1 IS YES, PLEASE INDICATE WHICH OF THE FOLLOWING INVESTMENTS ARE PERMITTED. BY YOUR INVESTMENT POLICY. * OBLIGATIONS OF THE UNITED STATES 9ZINV1 * OBLIGATIONS OF U.S. GOVERNMENT AGENCIES, GUARANTEED BY THE UNITED STATES GOVERNMENT. 9ZINV2 1 * OBLIGATIONS OF THE STATE OF NEW YORK 9ZINV3 1 * OBLIGATIONS OF OTHER NEW YORK STATE LOCAL GOVERNMENTS 9ZINV4 * OTHERS (SPECIFY) 125 9ZINV5 TOWN OF ITHACA INVESTMENT CERTIFICATION 3) ARE REPURCHASE AGREEMENTS AUTHORIZED BY YOUR INVESTMENT POLICY? 4) DO YOU ENGAGE IN REVERSE REPURCHASE, AGREEMENTS? YES 9ZREPOY NO 9ZREPON YES 9ZRVREY NO 9ZRVREN SIGNATURE TITLE PHONE NUMBER 126 CATHERINE A. VALENTINO TOWN SUPERVISOR 607) 273-1721 1 THIS FORM MUST BE COMPLETED UNLESS THESE FINANCIAL 127 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 127 • REAL PROPERTY TAX LEVY AND RELATED INFORMATION FOR FISCAL YEAR REPORTED COUNTIES, CITIES, VILLAGES, AND WESTCHESTER COUNTY TOWNS TAXES ON ROLL $ 3.604,395.00 ADD: RELEVIED TAXES $ 44,447.00 ADD:OTHER $ TOTAL TAXES AND OTHER ITEMS ON WARRANT $ 3,648,842.00 DEDUCT:CANCELLATIONS AND ADJUSTMENTS C 0 ) DEDUCT:OTHER ( 0 ) TOTAL TAXES AND•OTHER ITEMS TO BE COLLECTED $ 3,648,842.00 (B) DEDUCT TOTAL TAXES AND OTHER ITEMS ACTUALLY COLLECTED ( )(A) UNCOLLECTED TAXES AND OTHER ITEMS $ 0 • TAX COLLECTION PERFORMANCE (A DIVIDED BY B) AMOUNT NEAREST HUNDREDTH PERCENT -10.00 U 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 1996 $ 0 $ 0 $ 0 $ 0 $ 0 PRIOR YEARS: $ 0 $ 0 $ 0 $ 0 $ 0 TOTAL $ 0 $ 0 $ 0 $ 0 $ 0 128 • • TOWN OF ITHACA LOCAL GOVERNMENT QUESTIONNAIRE EDP CODE RESPONSE ----- --------- 1. 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: CIASHI, DIETERSHAGEN, NAME OF AUDITING FIRM TITTLE, & MICHELSON 9ZIAC ADDRESS OF AUDITING FIRM STREET TERRACE HILL CITY ITHACA STATE AND ZIP CODE NEW YORK 14850 1 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 129 TOWN OF ITHACA NOTICE OF TORT CLAIMS 130 FOR THE FISCAL YEAR ENDED 1996 • 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 $19,440 *CLAIMS INVOLVING CODEFENDANT/THIRD PARTY 9ZTR10 -0- 9ZTR11 -0- .PLUS: NOTICES FILED DURING YEAR *OTHERS THAN CODEFENDANT/THIRD PARTY 9ZTR25 5 9ZTR26 $11,291 *INVOLVING CODEFENDANT/ THIRD PARTY DEFENDANT 9ZTR20 -0- 9ZTR21 -0- LESS: - CLAIMS DISPOSED OF DURING YEAR PRIOR TO COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR30 1 9ZTR31 $ 117 • * BY INSURANCE CARRIER 9ZTR40 5 9ZTR41 $29,440 - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR50 -0- 9ZTR51 -0- * BY INSURANCE CARRIER 9ZTR60 -0- 9ZTR61 -0- * 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 $ 1,174 *CLAIMS INVOLVING CODEFENDANT/THIRD PARTY 9ZTR90 -0- 9ZTR91 -0- 130 TOWN OF ITHACA COLUMN (2) MUNICIPALITY EQUITABLE ` SHARE -0- -0- -0- -0- COLUMN (4) AMOUNT PAID GREATER THAN MUNICIPALITY EQUITABLE SHARE ## -0- -0- -0- -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 MUNICIPALITY'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. NOTIE OF TORT CLAIMS REPORT PREPARED ON 2/24/97 BY DATE Joan Lent Noteboom • NAME Town Clerk TITLE 126 East Seneca St., Ithaca, NY 14850 ADDRESS (. 607 ) 273-1721 PHONE NUMBER 131 NOTICE OF TORT CLAIMS FOR THE FISCAL YEAR ENDED 1996 AMOUNT PAID EDPCODE ON CLAIMS - CLAIMS DISPOSED OF DURING YEAR PRIOR TO COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR32 $ 117 * BY INSURANCE CARRIER 9ZTR42 $29,440 COLUMN (1) NUMBER EDPCODE OF CLAIMS # EDPCODE - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR54 -0- 9ZTR56 * BY INSURANCE CARRIER 9ZTR64 -0- 9ZTR66 * BY JUDGMENT 9ZTR74 -0- 9ZTR76 * OTHER 9ZTR84 -0- 9ZTR86 COLUMN (3) AMOUNT PAID EDPCODE ON CLAIMS EDPCODE - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR52 -0- 9ZTR58 * BY INSURANCE CARRIER 9ZTR62 -0- 9ZTR68 * BY JUDGMENT 9ZTR72 -0- 9ZTR78 * OTHER 9ZTR82 -0- 9ZTR88 COLUMN (2) MUNICIPALITY EQUITABLE ` SHARE -0- -0- -0- -0- COLUMN (4) AMOUNT PAID GREATER THAN MUNICIPALITY EQUITABLE SHARE ## -0- -0- -0- -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 MUNICIPALITY'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. NOTIE OF TORT CLAIMS REPORT PREPARED ON 2/24/97 BY DATE Joan Lent Noteboom • NAME Town Clerk TITLE 126 East Seneca St., Ithaca, NY 14850 ADDRESS (. 607 ) 273-1721 PHONE NUMBER 131 TOWN OF ITHACA COUNTY OF TOMPKINS ADDITIONAL INFORMATION SCHEDULE IN ORDER TO ASSIST THIS DEPARTMENT IN FULFILLING OUR AUDITING AND OVERSIGHT RESPONSIBILITIES, PLEASE COMPLETE THE FOLLOWING SCHEDULE LISTING EACH FUND SEPARATELY. THANK YOU FOR YOUR COOPERATION. I I I BOND I TAX I I I REVENUE I I I I ANTIC. I ANTIC. I ANTIC. I I I NOTES I NOTES I NOTES I APPROPRIATEDIUNAPPROPRIATED (.PAYABLE I PAYABLE I PAYABLE I FUND BALANCEI FUND BALANCE FUND --------------------------------------------------------------------------- I 626 I 620 I 621 I 910 1 911 EXAMPLE I I I I I GENERAL 1 100,0001 1 1 50,0001 100,000 --------------------------------------------------------------------------- GENERAL PART-JDWN----- I ----- 0 --- I --- __0---- I ----- 0-------- 2661640,00 -- ______851919_00 31QUWA'------------------------ I. 0 I -----------0-------- I I I 25- ---00 ------------ -36_00 8. WATER _____-_--_______-___-_____- � 0 0 ___ 22 0 ,--_--__1_ SEWER -------------I----------------------- 0 I -0I I ---------------- i ---8806411450752.000 0I 0 CAPITAL PROJECT ----- � --- -----0---- I -----0-------------- ---- ----------9--- TRUST &_ AGENCY - ----- � --- -----0---- I -----0---- I --------9---- ----------00 --- RISK RETENTION----------- I I 0 ---------0----------0------------- I I I 9-----------zQ12-59 Q0 - DEBT SERVICE -------------------- ---- I -----0-------------- -----------.510-161QQ GENERAL------- --------------------------------------------------------------------------- --------------------------------------------------------------------------- --------------------------------------------------------------------------- --------------------------------------------------------------------------- ----- � --- I I I I i I I I I I -----0---- I -----0--------- - I I I I I I I I I I 661$5--_Q------321.3_46LU 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 1 132 1 TOWN OF ITHACA ARCHWE COPY NOTES TO FINANCIAL STATEMENTS For the Fiscal Year Ended December 31, 1996 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. 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. Ithaca Area Wastewater Treatment Plant. with the Town of Dryden and the City of Ithaca. Southern Cayuga 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 Joint Venture with the Town of Ithaca. 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, 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 1. Fund Categories a. Governmental Funds PAGE 2 General Fund - to account for revenues (i.e., general tax and other from State, Federal, and local resources) 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 of Cayuga Heights. * Highway Fund - used to account for revenues and expenditures for part town 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 Districts 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 Projects 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 borrowing 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. fr Risk Retention Fund - established to allow the Town of Ithaca to partially self -insure for Workers Compensation and Insurance Reserve. TOWN OF ITHACA PAGE 3 b. Fiduciary Funds * Trust and Agency Fund - used to account for funds held in trust for subsequent distribution, transmittal or release to other governments, individuals, or to other funds. C. Account Groups * General Fixed Assets - used to account for land, buildings, improvements other than building, 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/MEASUREMENT FOCUS Modified Accrual Basis - The Town maintains its record 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: aa. Revenues - recognized when received, except real property taxes which are recognized when earned. Revenues are also accrued at year-end. Water and Sewer rents are accrued quarterly. b. Expenditures - recognized when paid, except at year-end when expenditures are accrued. The encumbrance method of accounting is used in the Townwide, Part -Town, Highway, Water, Sewer, and Capital Projects funds. C. 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. 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 ''/z the total bill, plus a 2.5 % processing fee assessed on the total amount of the tax bill. If the installment • option is selected, the first payment is due between January 1 and January 31, without penalty with 1 % interest on the first installment amount only (election to pay in installments ceases January 31). The second installment is due on or before July 1, payable to the County Division of Budget & Finance. TOWN OF ITHACA PAGE 4 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 st. 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 - 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 b the Town Board. 9 pp Y 2. Encumbrances Encumbrances accounting, under which purchase orders, contracts, and other commitments for the expenditure of monies are recorded for budgetary control purposed to reserve that portion of the applicable appropriations, is employed in all operating 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. • TOWN OF ITHACA PAGE 5 F. PROPERTY PLANT AND EQUIPMENT - GENERAL Fixed assets purchased for general governmental purposes are recorded 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 without recording these assets. Depreciation is not provided on general fixed assets. Interest on general fixed assets construction in progress is not capitalized. 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 and likely that an asset of loss can be reasonably estimated. A Risk Retention Fund has been established for payment of small damage claims and to small Worker's Compensation claims. Unemployment Insurance - effective January 1, 1978, Town employees are 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 benefit paid to former employees and charged to the Town's account. The Town is exempt from federal unemployment insurance tax. H. COMPENSATORY ABSENCES Employees accrue vacation leave based on the number of years employed up to a maximum of 20 days a year, but may accumulate no more than a maximum of 30 days. Upon separation from service, employees are paid for unused vacation time. Employees accrue sick leave at the rate of one day per month and may accumulate such credits up to a total of 960 hours. Employees who retire may use this sick leave to pay for post employment health insurance benefits. Vested vacation and sick leave is recorded in governmental funds as a long-term • liability in the general long-term debt account group (GLTDAG) if payable from future financial resources, or as a fund liability and expenditures, if payable from current resources. The liability for compensated absences decreased by $8,090 during the year to $37,723 and is reported in the GLTDAG. TOWN OF ITHACA PAGE 6 I. POST EMPLOYMENT BENEFITS In addition to providing pension benefits, the Town of Ithaca makes available, at the insured's expense, health insurance coverage and survivor benefits for retired employees and their survivors. Substantially all of the Town of Ithaca's employees may become eligible for these benefits if they reach normal retirement age while. working for the Town of Ithaca. Health care benefits and survivors benefits are provided through an insurance company whose premiums are based on the benefits paid during the year. The Town of Ithaca recognizes the cost of providing benefits by recording its share of insurance premiums as an expenditure in the year paid. J. 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, certificates of deposit and repurchase agreements. 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: ACCOUNT NAME ACCT. # BANK BALANCE SECURITY General Townwide -ck 01-201-002604 $ 9,371 F & C General Outside Vlg-ck 01-101-056567 10,316 F & C Risk Retention 11-201-002604 10,000 F & C Highway-ck 02-201-002604 6,441 F & C Water-ck 04-201-002604 586,263 F & C Sewer-ck 09-201-002604 14,946 F & C Lighting-ck 05-101-056567 (1,148) F & C Fire Frotectlon-ck 02-101-055567 33 F & C Capital Projects (H878) 10-201-056567 1,565,633 F & C Trust & Agency-ck 05-201-002604 49,776 F & C General Super 7-sav 12-201-002604 2,262,633 F & C F = FDIC INSURED C = COLLATERAL HELD BY TOWN'S CUSTODIAL BANK TOWN OF ITHACA PAGE 7 Deposits. All deposits including certificates of deposits are carried at cost or cost plus accrued interest. Investments. Investments are stated at par value and market value and are held by the Town's third party custodial bank. 2. Changes in General Fixed Assets: Type Balance Additions Deletions Balance 12/31/95 12/31/96 K101 Land $ 118,849- 0 0 $ 118,849 K102 Bldg 410,674 0 0 410,674 K104 Equip 1,723,845 291,488 33,021 1,934,409 TOTALS $2,253,369 291,488 33,021 $2,464,932 K. LIABILITIES Pension Plans Plan Description • The Town of Ithaca participates in the New York State and Local Employees' Retirement System (ERS). This is a cost-sharing multiple -employer retirement system. The System provides -retirement benefits as well as death and disability benefits. Obligations of employers and employees to contribute and benefits to employees are governed by the New York State Retirement and Social Security Laws (NYSRSSL). As set forth in the NYSRSSL, the Comptroller of the State of New York (Comptroller) serves as sole trustee and administrative head for the System. The Comptroller shall adopt and may amend rules and regulations for the administration and transaction of the business of the System and for the custody and control of their funds. The System issues a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to the New York State and Local Retirement Systems, Gov. Alfred E. Smith State Office Building, Albany, NY 12244. Funding Policy The System is noncontributory except for employees who joined the New York State and Local Employees' Retirement System after July 27, 1976 who contribute 3% of their salary. Under authority of the NYSRSSL, the Comptroller shall certify annually the rates expressed as proportions of payroll of members, • which shall be used in computing the contributions required to be made by employers to the pension accumulation fund. I TOWN OF ITHACA PAGE 8 The Town of Ithaca is required to contribute at an actuarially determined rate. The required contributions for the current year and two preceding years were: ERS 1996 $66,648 1995 $51,748 1994 $24,496 The Town's contributions made to the System were equal to 100 percent of the contributions required for each year. Since 1989, the System's billings have been based on Chapter 62 of the Laws of 1989 of the State of New York. This legislation requires 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. Local governments were given the option to prepay this liability. The total unpaid liability at the end of the fiscal year was $67,041. This amount is reported in the General Long -Term Debt Account Group. Pursuant to Chapter 178 of the Laws of 1991 and Chapter 12 of the Laws of 1995, the State Legislature authorized local governments to make available retirement incentive programs with estimated total costs of $10,578 of which $10,578 was charged,to expenditures/expenses of the Governmental Funds in the current fiscal year. The cost of the programs will be billed and paid over five years beginning December 15, 1992 for Chapter 178 and December 15, 1996 for Chapter 12 and will include interest at 8.75 %. 2. Long -Term Debt a. At 12131/96 the total outstanding indebtedness of the Town of Ithaca aggregated $7,038,525. Of this amount, zero dollars were subject to the Town's constitutional debt limit and represented zero % 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. is • • TOWN OF ITHACA PAGE 9 C. Other Long -Term Debt - In addition to the above long-term debt the Town of Ithaca had the following noncurrent liabilities: * Due to Employees' Retirement System: Represents the noncurrent portion of the liability to state retirement system. * Compensated Absences: Represents the 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, 1996, by fund type and account group: Liability GLTDAG Serial Bonds $7,038,525 Unbilled Retirement 67,041 Compensated Absences 37.723 TOTAL GLTDAG $ 7,143,289 Summary of changes in long-term liabilities for the period ended December 31, 1996: SERIAL INSTALLMENT DUE COMP STAT BONDS PURCHASES E.R.S. ABSENCES INSTALMT BAL 1/1/96 $7,787,724 0 54,181 45,813 105,812 ADDITIONS 0 DELETIONS 827,724 BAL 12/31/96 $6,960,000 0 12,860 0 0 0 8,090 0 67,041 37,723 LONG-TERM DEBT MATURITY SCHEDULE 0 27,287 78,525 TOTAL $7,993,530 12,860 863,101 $7,143,289 DESCRIPTION ORIGINAL ORIGINAL INTEREST MATURITY BALANCE ISSUE AMOUNT RATE 12/31/96 WATER FUND 1976 WATER IMPROVEMENTS 09/01/76 234,000 6.0% 03/01/03 18,000 1983 PUBLIC IMPROVE - WATER 05/01/83 172,172 7.1 % 06/01/98 20,300 1984 WATER IMPROVEMENT 05/15/86 550,000 6.8% 05/15/06 -300,000 1989 PUBLIC IMPROVEMENTS 03101/89 1,246,000 7.3% 03/01/08 840,350 1991 PUBLIC IMPROVEMENTS 07/26/91 2,337,000 6.625% 07/26/11 1,833,000 SCLIWC 12/15/76 3,786,160 6.7% 08/15/96 0 SEWER FUND 1976 SEWER IMPROVEMENT 1983 PUBLIC IMPROVE SEWER, JOINT SEWER 1984 SEWER IMPROVEMENT 1989 PUBLIC IMPROVE SEWER 1991 PUBLIC IMPROVEMENTS 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 TOTAL LONG TERM DEBT 6.0% 03/01/03 132,000 7.1 % 06/01/98 49,700 6.8% 05/15/06 1,110,000 6.8% 05/15/06 90,000 7.3% 03/01/08 874,650 6.625% 07/26/11 1.692.000 $ 7.038,525 • • TOWN OF ITHACA PAGE 10 Excluded in the above schedule is SCLIWC Bond debt outstanding of $239,616 which .is paid from water benefit assessments and water rents which the Town remits to SCLIWC. This issue was paid off August 15, 1996. e. The following table summarizes the Town of Ithaca's future debt service requirements as of December 31, 1996. Year Ended Principal Interest 1997 $ 605,229 /$ 466,452 1998-2002 2,901,911 1,764,063 2003-2007 2,590,000 852,548 2008-2011 1,150,000 171,100 L. INTERFUND RECEIVABLES AND PAYABLES AT DECEMBER 31,1996: FUND TYPE General General Part -Town Highway Water Sewer Capital Projects Trust & Agency Risk Retention Debt Service Fire Protection Street Lights Fixed Assets Long Term Debt TOTALS INTERFUND RECEIVABLES INTERFUND PAYABLES $ 21,812.81 $ 0.00 0.00 78,887.32 178,887.32 0.00 0.00 401,8188.73 401,818.73 0.00 0.00 0.00 0.00 9,731.21 0.00 0.00 0.00 0.00 0.00 12,081.60 0.00 0.00 0.00 0.00 0.00 0.00 $ 602.518.86 $ 602.518.86 INTERFUND TRANSFERS AND RECEIPTS AT DECEMBER 31, 1996: FUND TYPE INTERFUND TRANSFERS INTERFUND RECEIPTS General- To Cap. Res. $ 160,000.00 $ 0.00 General -To Risk Ret. 10,000.00 0.00 General Part -Town 1,001,370.00 0.00 Highway 0.00 1,001,370.00 Water 0.00 0.00 Sewer 0.00 0.00 Capital Projects 0.00 0.00 Cap. Res. Bal. (H878) 0.00 160,000.00 Risk Retention 0.00 10,000.00 Debt Service 0.00 0.00 Fire Protection 0.00 0.00 Street Lights 0.00 0.00 TOTALS $ 1.171,370.00 $ 1.171,370.00 TOWN OF ITHACA PAGE 11 M. FUND EQUITY 1. Reserves - The Capital Projects fund equity includes capital reserve funds established 09113/93 for buildings. The balance at the end of 1996 was $1,565,991. An adjustment of $420,459 was recorded to fund balance to properly classify prior year funds as reserved monies. N. DEFERRED COMPENSATION PLAN Employees of the Town of Ithaca may voluntarily elect to participate in the New York State Deferred Compensation Plan. Administrative services for this plan are performed by the Copeland Companies. This deferred compensation plan was created in accordance with Internal Revenue Code 457 (b). The plan permits an employee to contribute from 1 % to 25 % of his or her annual compensation (but not more than $7,500 per year) subject to IRC 457 (b). Effective January 1, 1997, under the terms plan agreement, these deferred monies are deposited into a general trust in the name of the employee. These funds remain the sole and exclusive property of the contributing employee. As of December 31, 1996, the market value of the assets of the plan totaled $35,269. O. JOINT VENTURES 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 Southern Cayuga Lake Intermunicipal Water Commission (SCLIWC), along with the Towns of Lansing, Dryden, and the Villages of Lansing and Cayuga Heights. The Supervisor of the Town of Ithaca serves as Treasurer for the Water Commission. The Commission submits an annual report under separate cover. The joint activity serial bonds shown on the Statement of Indebtedness, pages 107A-108, is the Town of Ithaca's portion of the joint indebtedness of SCLIWC. The Water Commission pays the principal and interest payments on these bonds from water sale revenues and benefit assessment proceeds received from each participating municipality. 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 is custodian of the joint activity money. (C:ILETTE P. S. ALS F I PI STATE.96) PRINTGD 2.1=7 9Y DY,