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
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TAX
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I
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NOTES
I NOTES I
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PAYABLE
I PAYABLE I
FUND BALANCEI FUND BALANCE
FUND
---------------------------------------------------------------------------
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620
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910 1 911
EXAMPLE
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1 100,0001
1 1
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----- � ---
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RISK
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---------------
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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)
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