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HomeMy WebLinkAbout1993 Annual Report Submitted to the NYS ComptrollerALL NUMBERS IN THIS REPORT MUST BE ROUNDED TO THE NEAREST DOLLAR F � Tili, A Lp ANNUAL FINANCIAL REPORT UPDATE DOCUMENT FOR THE TOWN OF ITHACA COUNTY OF TOMPKINS FOR THE FISCAL YEAR ENDED 1993 *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, , 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 TITLE OFFICIAL ADDRESS OFFICIAL ADDRESS DATE C ) OFFICE TELEPHONE NUMBER *INQUIRY* IF YOU HAVE ANY QUESTIONS RELATING TO THIS DOCUMENT PLEASE CALL: FILING REQUIREMENTS (518) 474-4014 ACCOUNTING REQUIREMENTS (518) 474-6023 *PLEASE MAIL COMPLETED DOCUMENT TO: STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS BUREAU OF MUNICIPAL RESEARCH AND STATISTICS GOV. ALFRED E. SMITH STATE OFFICE BUILDING (10TH FLOOR) ALBANY, NEW YORK 12236 ATTENTION : JEFFREY MADEJ 2 *FINANCIAL SECTION * FINANCIAL INFORMATION FOR THE FOLLOWING FUNDS AND ACCOUNT GROUPS WAS INCLUDED IN THE ANNUAL FINANCIAL REPORT FILED BY YOUR GOVERNMENT FOR THE FISCAL YEAR ENDED 1992 AND HAS BEEN USED BY THE OSC AS THE BASIS FOR PREPARING THIS UPDATE DOCUMENT FOR YOUR FISCAL YEAR ENDED 1993: (A) GENERAL FUND (B) GENERAL TOWN OUTSIDE VILLAGE FUND (DB) PART TOWN HIGHWAY FUND (FX) WATER FUND (G) SEWER FUND (H) CAPITAL PROJECTS FUND (K) GENERAL FIXED ASSETS GROUP OF ACCOUNTS CSF) SPECIAL DISTRICT(S) - FIRE PROTECTION (SL) SPECIAL DISTRICT(S) - LIGHTING (TA) AGENCY FUND (TE) EXPENDABLE TRUST (V) DEBT SERVICE FUND (W) GENERAL LONG TERM DEBT GROUP OF ACCOUNTS ALL AMOUNTS INCLUDED IN THIS UPDATE DOCUMENT FOR 1992 REPRESENT THE DATA FILED BY YOUR GOVERNMENT WITH THE OSC AS REVIEWED AND ADJUSTED WHERE NECESSARY. IF ANY FUNDS WERE USED IN 1993 THAT WERE NOT USED IN 1992, PLEASE LIST BELOW. A FORM TO REQUEST ADDITIONAL OR BLANK FUND STATEMENTS IS INCLUDED IN THIS MAILING. *** SUPPLEMENTAL SECTION *** THE SUPPLEMENTAL SECTION INCLUDES THE FOLLOWING SECTIONS: 1) STATEMENT OF INDEBTEDNESS 2) SCHEDULE FOR REPORTING VARIABLE RATE, DISCOUNTED, AND/OR NEGOTIATED BONDS AND NOTES 3) SCHEDULE FOR REPORTING ALL INSTALLMENT PURCHASE CONTRACTS/CERTIFICATES OF PARTICIPATION 4) SCHEDULE OF SECURITIES FOR COLLATERALIZATION 5) SCHEDULE OF TIME DEPOSITS AND INVESTMENTS 6) BANK RECONCILIATION 7) REAL PROPERTY TAX LEVY AND RELATED INFORMATION 8) LOCAL GOVERNMENT QUESTIONAIRE 9) NOTICE OF TORT CLAIMS ALL NUMBERS IN THIS REPORT MUST BE ROUNDED TO THE NEAREST DOLLAR. 3 *** FINANCIAL SECTION *** TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS PETTY CASH TOTAL CASH INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS ACCOUNTS RECEIVABLE Interest Receivable TOTAL OTHER RECEIVABLES (NET) STATE & FEDERAL OTHER TOTAL STATE AND FEDERAL AID RECEIVABLES DUE FROM OTHER FUNDS TOTAL DUE FROM OTHER FUNDS DUE FROM OTHER GOVERNMENTS TOTAL DUE FROM OTHER GOVERNMENTS TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 5 $11399 A200 127,263 A201 300 A210 A A 128,962 160,320 A451 A A 160,320 617 A380 A-3.8 A 617 4,200 A410 A A 4,200 0 A391 A A 0 15,519 A440 A A 15,519 309,618 $ 4,167 531,302 300 535,769 162,725 162,725 668 633' 1,301 3,505 3,505 275 275 377,094 377,094 1,080,669 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE ACCRUED LIABILITIES TOTAL ACCRUED LIABILITIES TOTAL TOTAL LIABILITIES RESERVE FOR ENCUMBRANCES Reserved Fund RalnnrP 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 1992 CODE YEAR ENDED 1993 H 523,671 A600 A A 23,671 4,112 A601 A A 4,112 27,783 2,708 A821 A 870 A 2,708 85,881 A910 A A 85,881 193,246 A911 A A 193,246 281,835 5 18,530 18,530 1,522 1,522 ?n,n52 26,164 627,094 653,258 96,810 96,810 310.549 310,549 060,617 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND BALANCE SHEET FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 LIABILITIES AND FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY 309,618 7 EDP FOR THE FISCAL CODE YEAR ENDED 1993 1,080,669 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 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 Shared Services 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 TOTAL INTERGOVERNMENTAL CHARGES INTEREST AND EARNINGS 5769,440 A1001 A A 0 769,440 11,867 A1081 18,945 A1090 A A 30,812 0 A1120 A 1270 A 0 11891 A1255 785 A1550 0 A2189 A A 2,676 4,250 A2350 A A 4,250 16,473 A2401 A A $ 814,097 814,097 12,304 13,535 25,839 627,094 489 627,583 2,838 1,196 1,292 5,326 0 0 24,124 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES TOTAL USE OF MONEY AND PROPERTY DOG LICENSES TOTAL LICENSES AND PERMITS FINES AND FORFEITED BAIL TOTAL FINES AND FORFEITURES SALES OF REAL PROPERTY SALES OF EQUIPMENT INSURANCE RECOVERIES TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS REFUNDS OF PRIOR YEAR'S EXPENDITURES UNCLASSIFIED (SPECIFY) TOTAL MISCELLANEOUS LOCAL SOURCES INTERFUND REVENUES TOTAL INTERFUND REVENUES ST AID, REVENUE SHARING ST AID, MORTGAGE TAX ST. AID, RECORDS MGMT. ST AID - OTHER (SPECIFY) 6 $16,473 5,336 A2544 A A 5,336 40,596 A2610 A A 40,596 0 A2660 198 A2665 4,063 A2680 A A 4,261 238 A2701 1,212 A2770 A A 1,450 47,441 A2801 A A 47,441 0 A3001 251,418 A3005 4,174 A3060 0 A3089 $ 24,124 5,931 5,931 24,588 24,588 281 0- 281 0- 7,525 7,525 21,720 21,720 0- 252,224 2,864 0 TOWN OF ITH•ACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES ST AID, RECREATION FOR ELDERLY $0 A3801 $ 0 ST AID, YOUTH PROGRAMS 4,869 A3820 3, A A TOTAL STATE AID 260,461 258.206 BALANCING CODE 1 A4888 A A TOTAL FEDERAL AID 1 TOTAL TOTAL REVENUES 1,183,197 1.,8],5,220 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,183,197 1x815,?gn 10 (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 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 11 530,000 A1010.1 5 31,500 1,322 A1010.4 2,075 A 31,322 A1010.0 -33,575 37,016 A1110.1 �7rR�l 11390 A1110.2 19809 2,599 A1110.4 -2,412 A 41,005 A1110.0 44,092 27,354 A1220.1 15,650 200 A1220.2 n 943 A1220.4 2,568 A 28,497 A1220.0 18,218 4,000 A1320.4 5?791 A 4,000 A1320.0 5,791 3,469 A1330.1 1n,655 566 A1330.2 16Q 2,481 A1330.4 j_r674 A 6,516 A1330.0 12,49837,999 A1340.1 b8 [rn 5 327 A1340.2 O 634 A1340.4 1,314 A 38,960 A1340.0 49379__ 50,051 A1410.1 5 r)1[;q__ 2,267 A1410.2 g�2 50 5,789 A1410.4 1,275 A 58,107 A1410.0 60.673 40 (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 FOR THE FISCAL YEAR ENDED 1992 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, PERS SERV ELECTIONS, EQUIP & CAP OUTLAY ELECTIONS, CONTR EXPEND TOTAL ELECTIONS 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 UNALLOCATED INSURANCE, CONTR EXPEND TOTAL UNALLOCATED INSURANCE 12 533,215 33,215 30,699 570 3,248 34,517 128,463 6,531 7,104 142,098 7,945 0 4,733 12,678 11,052 178 20,298 31,528 19,803 48,687 EDP FOR THE FISCAL CODE YEAR ENDED 1993 A1420.4 A A1420.0 A1430.1 A1430.2 A1430.4 A A1430.0 A1440.1 A1440.2 A1440.4 A A1440.0 A1450.1 A1450.2 A1450.4 A A1450.0 A1620.1 A1620.2 A1620.4 A A1620.0 A1670.2 A1670.4 A 68,490 A1670.0 70,134 A1910.4 A 70,134 A1910.0 g5 h -41 596 i , n C10- �� 953 36,} ig 124,223 10,301 6,786 141,310 7 nsa 2,175 9,225 11,555 24,872 38,328 63,200 73,228 73,228 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES MUNICIPAL ASSN DUES, CONTR EXPEND 51,376 A1920.4 5 1,305 A TOTAL MUNICIPAL ASSN DUES 1,376 A1920.0 1,305 A A A A A TOTAL GENERAL GOVERNMENT SUPPORT 602,443 606,390 POLICE, PERS SERV 7,800 A3120.1 7,706 POLICE, CONTR EXPEND 80 A3120.4 59 A TOTAL POLICE DEPARTMENT 7,880 A3120.0 7,765 TRAFFIC CONTROL, CONTR EXPEN 207 A3310.4 199 A TOTAL TRAFFIC CONTROL 207 A3310.0 199 CONTROL OF ANIMALS, CONTR EXPEND 14,365 A3510.4 15,400 A TOTAL CONTROL OF DOGS. 14,365 A3510.0 15,400 A A A A A TOTAL PUBLIC SAFETY 22,452 23,364 STREET ADMIN, PERS SERV 46,068 A5010.1 49,123 STREET ADMIN, EQUIP & CAP OUTLAY 2,924 A5010.2 1,103 13 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES STREET ADMIN, CONTR EXPEND $3,194 A5010.4 $ 4,166 A TOTAL HIGHWAY AND STREET ADMIN 52,186 A5010 .0 54,9_ GARAGE, EQUIP & CAP OUTLAY 3,175 A5132.2 4,186 GARAGE, CONTR EXPEND 28,527 A5132.4 23,762 A TOTAL GARAGE 31,702 A5132.0 27,948 STREET LIGHTING, CONTR EXPEND 39,141 A5182.4 32,649 A TOTAL STREET LIGHTING 39,141 A5182.0 32,649 BUS OPERATIONS, CONTR EXPEND 7,600 A5630.4 9,217 A TOTAL PUBLIC TRANSPORATION 7,600 A5630.0 9,217 A A A A A TOTAL TRANSPORTATION 130,629 124,206 PLAYGR & REC CENTERS, CONTR EXPEND 7,739 A7140.4 7,660 A TOTAL PLAYGROUNDS AND RECREATION CENTERS 7,739 A7140.0 7,660 JOINT YOUTH PROG, CONTR EXPEND 178,532 A7320.4 156,695 A TOTAL JOINT YOUTH PROGRAM 178,532 A7320.0 156,695 HISTORIAN, PERS SERV 170 A7510.1 0 HISTORIAN, CONTR EXPEND 5,479 A7510.4 2,861 A TOTAL HISTORIAN 5,649 A7510.06rR 1 14 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 DETAIL EXPENDITURES AND OTHER USES TOTAL CULTURE AND RECREATION 191,920 STATE RETIREMENT SYSTEM 622 SOCIAL SECURITY, EMPLOYER CONT 32,116 WORKER'S COMPENSATION, EMPL BNFTS 2,747 UNEMPLOYMENT INSURANCE, EMPL BNFTS 4,700 DISABILITY INSURANCE, EMPL BNFTS 1,028 HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT 45,528 TOTAL EMPLOYEE BENEFITS 86,741 TOTAL EXPENDITURES 1,034,185 TOTAL DETAIL EXPENDITURES AND OTHER USES 1,034,185 EDP FOR THE FISCAL CODE YEAR ENDED 1993 A S A A A A A901O.8 A903O.8 A9O4O.8 A905O.8 A9O55.8 A9O6O.8 167.216 4.525 32,052 10,368 0 861 65,356 113.162 1,034,3 a� TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY -BEGINNING OF YEAR* 5132,823 A8021 $281,835 ADD - REVENUES AND OTHER .21100) SOURCES 1,183,197 1r815,��n DEDUCT - EXPENDITURES AND OTHER USES 1,034,185 1 ,(L,338 FUND EQUITY -END OF YEAR* 281,835 A8029 1,o6n,ri7 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. The $(2,100.00) adjustment to Fund Balance represents a 1449 receivable n gt=— received. This was St. Aid for Youth money that we haup a11ollprl Tompk}mss County to have. 16 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 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 -MISCELLANEOUS LOCAL SOURCES EST REV - STATE AID Interfund Revenue TOTAL ESTIMATED REVENUES ESTIMATED - INTERFUND TRANSFER APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 5769,440 17,010 0 3,200 6,000 10,000 5,200 33,112 1,000 202,156 1,047,118 EDP CODE A1049M A1099M A1199M A1299M A2399M A2499M A2599M A2649M A2799M A3099M A 2801 M A M 59,180 A5031M 471 A 599M A M A M 59,651 M M 1,106,769 17 FOR THE FISCAL YEAR ENDED 1993 $ 814,097. 32,734 6,250- 10,000 ,2.50- 10,000 5,750 40.000 1.000 181,864 20,000 1,111,695- 0 88,_590 - TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED•1992 CODE YEAR ENDED 1993 APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT 5656,364 A1999M5 X19,494 APP - PUBLIC SAFETY 23,345 A3999M 95 19„O APP - TRANSPORTATION 132,983 A5999M 154 652 APP - CULTURE AND RECREATION 193,582 A7999M 124Si4 APP -EMPLOYEE BENEFITS 100,495 A9199M 118,4h5 A M A M TOTAL ESTIMATED EXPENDITURES 1,106,769 1,200,285 M M TOTAL APPROPRIATIONS 1,106,769 1,200,285 18 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL, EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 OUTSTANDING ENCUMBRANCES GENERAL GOVT. SUPPORT - ENCUMBR. $909 A1998M 5 1,709 PUBLIC SAFETY - ENCUMBR. 0 A3998M TRANSPORTATION - ENCUMBR. 1,799 A5998M Z4,4J4 A M A M TOTAL OUTSTANDING ENCUMBRANCES 2,708 26,163 n 19 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND BALANCE SHEET 20 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ASSETS CASH 514,539 B200 5 10,431 CASH IN TIME DEPOSITS 230,838 B201 229,942 PETTY CASH 200 B210 200 B B TOTAL CASH 245,577 240,573 INVESTMENTS IN REPURCHASE AGREEMENTS 44,589 B451 45,257 B B TOTAL INVESTMENTS 44,589 45,257 ACCOUNTS RECEIVABLE 191 B380 436 B B TOTAL OTHER RECEIVABLES (NET) 191 _436 STATE & FEDERAL RECEIVABLES 0 B410 B 39,436 B TOTAL STATE AND FEDERAL AID RECEIVABLES 0 39,436 DUE FROM OTHER FUNDS 0 B391 1,914 B B TOTAL DUE FROM OTHER FUNDS 0 1,914 Due from other governments B44O 92,858 TOTAL ASSETS 290,357 420,474 20 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 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 21 528,402 B600 B B 28,402 3,774 B 6 0 1 B 630 B 3,774 32,176 2,219 B821 B B 2,219 0 B910 B B 0 255,962 B911 B B 255,962 258,181 $ 12,798 12,798 4,921 39,312 44,233 57,n3i 4,853 3 4,85-4 i 5-4,469 53,469 305,121 305,121 363,443 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 LIABILITIES AND FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY 22 290,357 420,474 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND RESULTS OF OPERATIONS FOR THE FISCAL DESCRIPTION YEAR ,ENDED 1992 DETAIL REVENUES AND OTHER SOURCES SALES TAX (FROM COUNTY) Fj?ANCH ISES Special Assessment TOTAL NON PROPERTY TAX ITEMS ZONING FEES PLANNING BOARD FEES OTHER HOME & COMMUNITY SERVICES INCOME TOTAL DEPARTMENTAL INCOME INTEREST AND EARNINGS TOTAL USE OF MONEY AND PROPERTY SALES OF EQUIPMENT TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS GIFTS AND DONATIONS UNCLASSIFIED (SPECIFY) Refund of Previous Year GEIS Study TOTAL MISCELLANEOUS LOCAL SOURCES ST AID, STATE REVENUE SHARING ST AID, OTHER AID FOR PUBLIC SAFETY EQBA Grant TOTAL STATE AID $1,182,430 21,502 1,203,932 38,840 2,477 30,000 71,317 14,892 14,892 0 0 14,649 44,126 EDP CODE B1120 B1170 B_1030 B B2110 B2115 B2189 B B B2401 B B B2665 B B B2705 B2770 B 2701 B 2771 58,775 61,376 B3001 0 B3389 B 3897 B 61,376 23 FOR THE FISCAL YEAR ENDED 1993 $ 1,285,358 22,241 1,438 1,309,037 37,111 11,071 2,090 50,272 13,334 13,334 0 0 0 1,626 975 30,000 32,601 61.376 39,312 100,688 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES TOTAL TOTAL REVENUES 1,410,292 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,410,292 24 1,505,932 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE 'VILLAGE FUND RESULTS OF OPERATIONS 25 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES LAW, CONTR EXPEND 544,071 B1420.4 $ 47,168 B TOTAL LAW 44,071 B1420.0 47468 CENTRAL PRINT & MAIL, CONTR EXPEND 1,549 B1670.4 1,649 B TOTAL CENTRAL PRINTING & MAIL 1,549 B1670.0 1,649 B B B B B TOTAL GENERAL GOVERNMENT SUPPORT 45,620 4R,P10 TRAFFIC CONTROL, CONTR EXPEN 3,958 B3310.4 3,347 B TOTAL TRAFFIC CONTROL 3,958 B3310.0 3.347 B B B B B TOTAL PUBLIC SAFETY 31958 1,317 BUS OPERATIONS, CONTR EXPEND 5,760 B5630.4 0 B TOTAL PUBLIC TRANSPORTATION 5,760 B5630.0 0 B B B B B 25 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND RESULTS OF OPERATIONS 26 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES TOTAL TRANSPORTATION $5,760 $ 0 PLAYGR & REC CENTERS, PERS SERV 70,545 B7140.1 66,746 PLAYGR & REC CENTERS, EQUIP & CAP OUTLAY 2,502 B7140.2 3,714 PLAYGR & REC CENTERS, CONTR EXPEND 85,171 B7140.4 45,846 B TOTAL PLAYGROUNDS AND RECREATION CENTERS 158,218 B7140.0 i1h�Q6 _ B B B B B TOTAL CULTURE AND RECREATION 158,218 11fiy305- ZONING, PERS SERV 97,288 B8010.1 94,101 ZONING, EQUIP & CAP OUTLAY 0 B8010.2 13,292 ZONING, CONTR EXPEND 4,547 B8010.4 4,568 B TOTAL ZONING 101,835 B8010.0 111.961 PLANNING, PERS SERV 146,473 B8020.1 127,437 PLANNING, EQUIP & CAP OUTLAY 4,702 B8020.2 935 PLANNING, CONTR EXPEND 96,576 B8020.4 36,872 B TOTAL PLANNING 247,751 B8020.0 165,244 B B B B B 26 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND RESULTS OF OPERATIONS FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 DETAIL EXPENDITURES AND OTHER USES TOTAL HOME AND COMMUNITY SERVICES STATE RETIREMENT, EMPL BNFTS SOCIAL SECURITY , EMPL BNFTS WORKER'S COMPENSATION, EMPL BNFTS. UNEMPLOYMENT INSURANCE, EMPL BNFTS DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL)* INS, EMPL BNFT TOTAL EMPLOYEE BENEFITS TOTAL EXPENDITURES TRANSFERS, OTHER FUNDS TOTAL TRANSFERS TOTAL OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES 5349,586 14,416 23,607 0 974 699 36,446 76,142 639,284 850,000 850,000 850,000 1,489,284 EDP CODE B9010.8 139030.8 B9040.8 B9050.8 B9055.8 B9060.8 B9901.9 FOR THE FISCAL YEAR ENDED 1993 $ 277,205 3,16.0 21,462 6,512 0 493 36,358 67,985 513,653 887,017_ 887,017 887,017 1,400,670 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL EDP YEAR ENDED 1992 CODE ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* 5337,173 B8021 ADD - REVENUES AND OTHER SOURCES 1,410,292 DEDUCT - EXPENDITURES AND OTHER USES 1,489,284 FUND EQUITY - END OF YEAR* 258,181 B8029 FOR THE FISCAL YEAR ENDED 1993 5258,181 1,505,932 1,400,670 363,443 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING- FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 28 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ESTIMATED REVENUES AND OTHER SOURCES EST REV - NON PROPERTY TAX ITEMS 51,367,000 B1199M 5 1,3072358 EST REV - DEPARTMENTAL INCOME 67,200 B1299M 41,000 EST REV - USE OF MONEY AND PROPERTY 10,000 B2499M 10,000 EST REV -MISCELLANEOUS LOCAL SOURCES 51,462 B2799M 31,000 EST REV -STATE AID 45,892 B3099M 109,461 B M B M TOTAL ESTIMATED REVENUES 1,541,554 1,498,819 APPROPRIATED FUND BALANCE 23,356 B 599M 2,219 B M B M TOTAL ESTIMATED OTHER SOURCES 23,356 2,219 M M TOTAL ESTIMATED REVENUES AND OTHER SOURCES 1,564,910 1,501,038 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT $47,000 B1999M 5 65 A49 APP - PUBLIC SAFETY 3,975 B3999M 3;500 APP - TRANSPORTATION 5,760 B5999M APP - CULTURE AND RECREATION 173,789 B7999M 154,281 APP - HOME AND COMMUNITY SERVICES 362,319 B899911 311,062 APP - EMPLOYEE BENEFITS 83,537 B9199M 74,786 B M B M TOTAL ESTIMATED EXPENDITURES 676,380 614,021 APP - INTERFUND TRANSFER 888,530 B9999M 887,017 B M B M TOTAL ESTIMATED OTHER USES 888,530 887.,017 M M TOTAL APPROPRIATIONS 1,564,910 1,501,038 30 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (B) GENERAL TOWN OUTSIDE VILLAGE FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE OUTSTANDING ENCUMBRANCES CULTURE AND RECR. - ENCUMBR. HOME & COMM. SERV. - ENCUMBR. $1,984 235 TOTAL OUTSTANDING ENCUMBRANCES 2,219 31 B7998M B8998M B M B M FOR THE FISCAL YEAR ENDED 1993 $ 4.670 184 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 CDB) PART TOWN HIGHWAY FUND BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS PETTY CASH TOTAL CASH INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS STATE.& FEDERAL RECEIVABLES Arrminta RPrPivahlP RLTF FRom nTHFR FTTNTIS TOTAL STATE AND FEDERAL AID RECEIVABLES DUE FROM OTHER GOVERNMENTS TOTAL DUE FROM OTHER GOVERNMENTS INVESTMENTS IN SECURITIES, SPEC RES TOTAL RESTRICTED ASSETS TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 32 52,057 DB 200 147,213 DB 201 200 DB 210 DB 1,828 DB 149,470' _n 0 DB 451 DB DB 0 0 DB 410 DB 380 DB 3gi_ 0 0 DB 440 DB DB 0 19,628 DB 452 DB DB 19,628 169,098 5 6,932 260,591 200 267,723 0- 0 1,828 _n 41,140 0- 20,216 20.216 0 29,079 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $14,550 DB 600 DB DB TOTAL ACCOUNTS PAYABLE 14,550 ACCRUED LIABILITIES 12,910 DB 601 DB DB TOTAL ACCRUED LIABILITIES 12,910 TOTAL TOTAL LIABILITIES RESERVE FOR ENCUMBRANCES TOTAL RESERVE FOR ENCUMBRANCES RESERVE FOR HIGHWAY CAPITAL TOTAL SPECIAL RESERVES UNRESERVED FUND BALANCE APPROPRIATED TOTAL UNRESERVED FUND BALANCE - APPROPRIATED UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 33 27,460 15,542 DB 821 DB DB 15,542 19,628 DB 879 DB DB 19,628 0 DB 910 DB DB 0 106,468 DB 911 DB DB 106,468 $ 28,521 28,52.1 5,118 5,118 33,639 18,112 18,112 54,051 54,051 80,038 80,038 143,239 143,239 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY TOTAL TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 S 141,638 295,440 r-101 169,098 [Aql [CYT TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES TRANSPORTATION SERVICES, OTHER GOVTS TOTAL INTERGOVERNMENTAL CHARGES INTEREST AND EARNINGS TOTAL USE OF MONEY AND PROPERTY STALES OF EQUIPMENT assurance Recovery TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS UNCLASSIFIED (SPECIFY) TOTAL MISCELLANEOUS LOCAL SOURCES INTERFUND REVENUES TOTAL INTERFUND REVENUES ST AID, CONSOLIDATED HIGHWAY SEMO Aid TOTAL STATE AID TOTAL TOTAL REVENUES 35 $8,986 DB2300 DB DB 8,986 4,958 DB2401 DB DB 4,958 11,250 DB2665 DB 2680 DB 11,250 300 DB2770 DB DB 300 1,841 DB2801 DB DB 1,841 32,454 DB3501 DB3089 DB 32,454 59,789 $ 8,566 8,566 5,141 — 5,141 8,814 135 8,949 7,324 7,324 0 42,460 6,089 48,549 78.529 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES INTERFUND TRANSFERS $850,000 DB5031 $ f3$7 017 DB DB TOTAL INTERFUND TRANSFERS 850,000 RR7__n17 TOTAL TOTAL OTHER SOURCES 850,000 �887,n17 TOTAL DETAIL REVENUES AND OTHER SOURCES 909,789 965.546 36 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES MAINT OF STREETS, PERS SERV $123,258 DB5110.1 $ 134,350 MAINT OF STREETS, EQUIP & CAP OUTLAY 250 DB5110.2 0 MAINT OF STREETS, CONTR EXPEND 88,073 DB5110.4 37,573 DB TOTAL MAINTENANCE OF ROADS 211,581 DB5110.0 171,923 IMPROVEMENTS, PERS SERV 38,688 DB5112.1 24,770 PERM IMPROVE HIGHWAY, EQUIP & CAP OUTLAY 250 DB5112.2 0 PERM IMPROVE HIGHWAY, CONTR EXPEND 235,158 DB5112.4 179669 DB TOTAL IMPROVEMENTS 274,096 DB5112.0 203,939 MACHINERY, PERS SERV 27,129 DB5130.1 22,777 MACHINERY, EQUIP & CAP OUTLAY 99,991 DB5130.2 96,972 MACHINERY, CONTR EXPEND 56,456 DB5130.4 83,974 DB TOTAL MACHINERY 183,576 DB5130.0 203,723 BRUSH AND WEEDS, PERS SERV 21,349 DB5140.1 23,425 BRUSH AND WEEDS, EQUIP & CAP OUTLAY 1,740 DB5140.2 2,216 BRUSH AND WEEDS, CONTR EXPEND 701 DB5140.4 6,493 DB TOTAL MISCELLANEOUS 23,790 DB5140.0 32,134 SNOW REMOVAL, PERS SERV 43,731 DB5142.1 57,908 SNOW REMOVAL, CONTR EXPEND 48,275 DB5142.4 44,895 DB TOTAL SNOW REMOVAL 92,006 DB5142.0 102,703 DB DB DB DB DB TOTAL TRANSPORTATION 785,049 714,499 37 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES STATE RETIREMENT, EMPL BNFTS SOCIAL SECURITY, EMPL BNFTS WORKER'S COMPENSATION, EMPL BNFTS DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNF,T TOTAL EMPLOYEE BENEFITS TOTAL EXPENDITURES TOTAL DETAIL EXPENDITURES AND OTHER USES 38 528,073 DB9010.8 5 4,520 18,888 DB9030.8 19,602 29,004 DB9040.8 18,761 '620 DB9055.8 459 43,743 DB9060.8 53,978 120,328 97,320 905,377 811,742 905,377 811,742 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $137,226 DB8021 909,789 905,377 141,638 DB8029 5141,638 965,546 811,742 295,442 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 39 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAXES EST REV - DEPARTMENTAL INCOME EST REV - USE OF MONEY AND PROPERTY EST REV - SALE OF PROP AND COMP FOR LOSS EST REV - STATE AID Interfund Revenue TOTAL ESTIMATED REVENUES ESTIMATED - INTERFUND TRANSFER APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 40 *0 DB1049M 11,000 DB1299M 6,050 DB2499M 500 DB2699M 38,890 DB3099M DB 2899 M DB M 56,440 888,530 DB5031M 10,760 DB 599M DB M DB M 899,290 955,730 M M FOR THE FISCAL YEAR ENDED 1993 S 0 ,096 6,200 25,000 38,000 66,103 143,399 847.,705 15,541 863,246 1,006,645 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (DB) PART TOWN HIGHWAY FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE APPROPRIATIONS APP - TRANSPORTATION APP - EMPLOYEE BENEFITS TOTAL ESTIMATED EXPENDITURES TOTAL APPROPRIATIONS 5829,235 DB5999M 126,495 DB9199M DB M DB M 41 955,730 M M 955,730 FOR THE FISCAL YEAR ENDED 1993 $ 906,463 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 19.93 (DB) PART TOWN HIGHWAY FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE OUTSTANDING ENCUMBRANCES TRANSPORTATION - ENCUMBR. $15,542 DB5998M DB M DB M FOR THE FISCAL YEAR ENDED 1993 TOTAL OUTSTANDING ENCUMBRANCES 15,542 18.112 42 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS WATER RENTS RECEIVABLE SPECIAL ASSESSMENTS RECEIVABLE ACCOUNTS RECEIVABLE TOTAL OTHER RECEIVABLES (NET) TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 $129,295 FX 200 $ 230,895 167,414 FX 201 226,883 FX FX - 296,709 296,709 457, 778 27,727 FX 451 28,144 FX FX 27,727 28,144 133,821 FX 350 100,311 23,487 FX 370 17,313 14 FX 380 373 FX FX - 157,322 157,322 117,997 481,758 603,919 43 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE ACCRUED LIABILITIES TOTAL ACCRUED LIABILITIES CUSTOMERS DEPOSITS TOTAL OTHER DEPOSITS BOND ANTICIPATION NOTES PAYABLE TOTAL NOTES PAYABLE TOTAL TOTAL LIABILITIES RESERVE FOR ENCUMBRANCES TOTAL RESERVE FOR ENCUMBRANCES UNRESERVED FUND BALANCE APPROPRIATED TOTAL UNRESERVED FUND BALANCE - APPROPRIATED FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 $213,246 FX 600 44 265,115 19,832 FX 821 FX FX 19,832- 0 9,8320 FX 910 FX FX 0 $ 240,656 FX FX 213,246 240,656 0 FX 601 0 FX FX 0 0 FX 615 0 FX FX 0 51,869 FX 626 0 FX FX 51,869 44 265,115 19,832 FX 821 FX FX 19,832- 0 9,8320 FX 910 FX FX 0 $ 240,656 240,656 0 0 0 0 0 0 240,656 12,210 12,210 121,072 121,072 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL EDP YEAR ENDED 1992 CODE $196,811 FX 911 FX FX 45 196,811 216,643 481,758 FOR THE FISCAL YEAR ENDED 1993 $ 229,981 229,981 603,919 qw TOWN OF ITHACA 46 ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES SPECIAL ASSESSMENTS AD VALOREM 5602,813 FX1028 $ 601,416 FX FX TOTAL REAL PROPERTY TAXES 602,813 601,416 METERED WATER SALES 991,638 FX2140 1,172,418 WATER SERVICE CHARGES 2,968 FX2144 INTEREST & PENALTIES ON WATER RENTS 16,466 FX2148 9,349 FX FX TOTAL DEPARTMENTAL INCOME 1,011,072 1,182,708 SERVICE FOR OTHER GOVTS 9,880 FX2378 10,370 FX FX TOTAL INTERGOVERNMENTAL CHARGES 9,880 10,370 INTEREST AND EARNINGS 14,146 FX2401 12,418 FX FX TOTAL USE OF MONEY AND PROPERTY 14,146 .12,418 UNCLASSIFIED (SPECIFY) 339 FX2770 222 FX FX TOTAL MISCELLANEOUS LOCAL SOURCES 339 222 INTERFUND REVENUES 4,013 FX2801 0 FX FX TOTAL INTERFUND REVENUES 4,013 0 46 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND RESULTS OF OPERATIONS 47 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES TOTAL TOTAL REVENUES 1,642,263 1,8 7,13 INTERFUND TRANSFERS 29,359 FX5031 10,290 FX FX TOTAL INTERFUND TRANSFERS 29,359 10,290 SERIAL BONDS 51,869 FX5710 51,868 FX FX TOTAL PROCEEDS OF OBLIGATIONS 51,869 51,868 TOTAL TOTAL OTHER SOURCES 81,228 62,158 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,723,491 1,869,292 47 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND RESULTS OF OPERATIONS 48 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES LAW, CONTR EXPEND $0 FX1420.4 S 0 FX TOTAL LEGAL SERVICES 0 FX1420.0 0 FX FX FX FX FX TOTAL GENERAL GOVERNMENT SUPPORT 0 0 WATER TRANS & DISTRIB, PERS SERV 18,961 FX8340 . 1 18,246 WATER TRANS & DISTRIB, EQUIP & CAP OUTLAY 0 FX8340.2 5,555 WATER TRANS & DISTRIB, CONTR EXPEND 167, 742 FX8340 . 4 150,030 FX TOTAL TRANSMISSION AND DISTRIBUTION 186,703 FX8340.0 173,831 COMMON WATER SUPPLY, CONTR EXPEND 729,451 FX8350.4 753,739 FX TOTAL COMMON WATER SUPPLY 729,451 FX8350.0 753,739 FX FX FX FX FX TOTAL HOME AND COMMUNITY SERVICES 916,154 927,570 STATE RETIREMENT, EMPL BNFTS 22 FX9010.8 20 SOCIAL SECURITY, EMPL BNFTS 1,453 FX9030.8 1,335 48 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES 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 DEBT INTEREST, BOND ANTICIPATION NOTES TOTAL DEBT INTEREST TOTAL EXPENDITURES TRANSFERS, CAPITAL PROJECTS FUND TOTAL TRANSFERS TOTAL OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES $550 FX9040.8 S 29 FX9055.8 0 FX9060.8 2,054 444,539 FX9710.6 444,539 353,305 FX9710.7 0 FX9730.7 353,305 1,716,052 0 FX9950.9 0 0 1,716,052 49 550 22 0 1,927 460,114 460,114 333,060 0 333,060 1,722,671 I 'u 'J 1,722,671 (FX) WATER FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* 5209,204 FX8021 1,723,491 1,716,052 216,643 FX8029 5216,643 1,869,292 1,722,671 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEARCS) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 50 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND SUMMARY OF FINAL BUDGET AS MODIFIED. FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAX ITEMS EST REV - DEPARTMENTAL INCOME EST REV - USE OF MONEY AND PROPERTY Service for Other Government TOTAL ESTIMATED REVENUES ESTIMATED - INTERFUND TRANSFER APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 5600,513 FX1099M 1,074,594 FX1299M 10,000 FX2499M FX 2378 M FX M 1,685,107 40,000 FX5031M 40,162 FX 599M FX M FX M 80,162 1,765,269 51 M M FOR THE FISCAL YEAR ENDED 1993 $ 608,000 1,127,100 10,000 5,000 1,750,100 160,000 19,832 179,832 929,932 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT $0. FX1999M $ 0 APP -HOME AND COMMUNITY SERVICES 1,285,253 FX8999M 1,132,594 APP - EMPLOYEE BENEFITS 2,057 FX9199M APP - DEBT SERVICE 477,959 FX9899M 195,174 FX M FX M TOTAL ESTIMATED EXPENDITURES 1,765,269 1,929,932 APP - INTERFUND TRANSFER 0 FX9999M 0 FX M FX M TOTAL ESTIMATED OTHER USES 0 0 M M TOTAL APPROPRIATIONS 1,765,269 1,929,932 52 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (FX) WATER FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE OUTSTANDING ENCUMBRANCES HOME & COMM SERV.-EMCUMBR TOTAL OUTSTANDING ENCUMBRANCES 53 $19,832 FX8998M FX M FX M 19,832 FOR THE FISCAL YEAR ENDED 1993 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS SEWER RENTS RECEIVABLE SPECIAL ASSESSMENTS RECEIVABLE ACCOUNTS RECEIVABLE ACCRUED INTEREST RECEIVABLE TOTAL OTHER RECEIVABLES (NET) TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 54 $9,707 G200 25,823 G201 131,956 674,095 5 33,731 G 208,894 G 35,530 506,609 G451 242,625 G 43,428 G 506,609 76,245 G360 12,093 G370 323 G380 43,295 G381 G G 131,956 674,095 5 33,731 208,894 27,743 242,625 43,428 284,216 284,216 27,743 21,116 43,428 1,106 93,393 620,234 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $8,727 G600 $ 2,924 G G TOTAL ACCOUNTS PAYABLE 8,727 9,894 ACCRUED LIABILITIES 0 G601 _ n G G TOTAL ACCRUED LIABILITIES 0 0 TOTAL TOTAL LIABILITIES 8,727 2,924 RESERVE FOR ENCUMBRANCES 10,495 G821 13,370 G G TOTAL RESERVE FOR ENCUMBRANCES 10,495 13,370 UNRESERVED FUND BALANCE APPROPRIATED 239,031 G910 251,503 G G TOTAL UNRESERVED FUND BALANCE - APPROPRIATED 239,031 251,503 UNRESERVED FUND BALANCE UNAPPROPRIATED 415,842 G911 352,437 G G TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 415,842 '352;437 TOTAL TOTAL FUND EQUITY 665,368 617,310 55 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL YEAR ENDED 1992 56 674,095 EDP FOR THE FISCAL CODE YEAR ENDED 1993 620,234 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES SPECIAL ASSESSMENTS 5423,119 G1030 5 527,385 G G TOTAL REAL PROPERTY TAXES 423,119 527,385 SEWER RENTS 682,359 G2120 762,175 SEWER CHARGES 52,171 G2122 65,259 INTEREST & PENALTIES ON SEWER ACCTS 8,153 G2128 10,877 G G TOTAL DEPARTMENTAL INCOME 742,683 838,311 SEWER SERV OTHER GOVTS 3,250 G2374 4,158 G G TOTAL INTERGOVERNMENTAL CHARGES 3,250 4,158 INTEREST AND EARNINGS 33,446 G2401 17,979 G G TOTAL USE OF MONEY AND PROPERTY 33,446 17,979 UNCLASSIFIED (SPECIFY) 4,232 G2770 304 G G TOTAL MISCELLANEOUS LOCAL SOURCES 4,232 304 INTERFUND REVENUES 48,120 G2801 0 G G TOTAL INTERFUND REVENUES 48,120 0 TOTAL 57 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES TOTAL REVENUES $1,254,850 $ 1,388,137 INTERFUND TRANSFERS 41,197 G5O31 10,290 G G TOTAL INTERFUND TRANSFERS 41,197 10,290 TOTAL TOTAL OTHER SOURCES 41,197 10,290 TOTAL DETAIL REVENUES AND OTHER SOURCES 1,296,047 1.398,427 58 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE"FISCAL YEAR ENDED 1993 (G) SEWER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES SEWER ADMINISTRATION, CONTR EXPEND *0 G8110.4 $ 0 G TOTAL SEWER ADMINISTRATION 0 G8110.0 0 SANITARY SEWERS, PERS SERV 13,111 G8120.1 19,165 SANITARY SEWERS, EQUIP & CAP OUTLAY 0 G8120.2 5,720 SANITARY SEWERS, CONTR EXPEND 293,776 G8120.4 170,357 G TOTAL SANITARY SEWERS 306,887 G8120.0 195,242 JOINT SEWER PROJECT, CONTR EXPEND 505,994 G8150.4 508,020 G TOTAL JOINT SEWER PROJECT 505,994 68150.0 508,020 G G G G G TOTAL HOME AND COMMUNITY SERVICES 812,881 703,262 STATE RETIREMENT, EMPL BNFTS 22 G9010.8 20 SOCIAL SECURITY , EMPL BNFTS 1,003 G9030.8 1,398 WORKER'S COMPENSATION, EMPL BNFTS 545 G9040.8 550 DISABILITY INSURANCE, EMPL BNFTS 29 G9055.8 22 TOTAL EMPLOYEE BENEFITS 1,599 11990 DEBT PRINCIPAL, SERIAL BONDS 354,574 G9710.6 379,560 TOTAL DEBT PRINCIPAL 354,574 379,560 DEBT INTEREST, SERIAL BONDS 386,223 G9710.7 361,672 TOTAL DEBT INTEREST 386,223 361,672 59 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR. ENDED 1993 DETAIL EXPENDITURES AND OTHER USES TOTAL EXPENDITURES $1,555,277 $ 1,446,484 TOTAL DETAIL EXPENDITURES AND OTHER USES 1,555,277 1,446,484 60 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* 5924,598 G8021 5665,368 ADD - REVENUES AND OTHER SOURCES 1,296,047 1,398,427 DEDUCT - EXPENDITURES AND OTHER USES 1,555,277 1,446,484 FUND EQUITY - END OF YEAR* 665,368 G8029 617.311 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 61 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAX ITEMS $412,548 G1099M $ 533,130 EST REV - DEPARTMENTAL INCOME 812,515 G1299M 840,900 EST REV - USE OF MONEY AND PROPERTY 44,000 G2499M 31,000 EST REV -MISCELLANEOUS LOCAL SOURCES 43,295 G2799M 0 Service to Other Government G 237FM 3,000_ G M TOTAL ESTIMATED REVENUES 1,312,358 1,408,030 ESTIMATED - INTERFUND TRANSFER 30,000 G5031M 120,000 APPROPRIATED FUND BALANCE 253,536 G 599M 249,526 G M G M TOTAL ESTIMATED OTHER SOURCES 283,536 369,526 M M TOTAL ESTIMATED REVENUES AND OTHER SOURCES 1,595,894 1, 777,556 62 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (G) SEWER FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT $0 G1999M $ 0 APP - HOME AND COMMUNITY SERVICES 853,495 G8999M 1,034,175 APP - EMPLOYEE BENEFITS 1,602 G9199M 2,149 APP - DEBT SERVICE 740,797 G9899M 741,Z32 G M G M TOTAL ESTIMATED EXPENDITURES 1,595,894 1,777,556 M M TOTAL APPROPRIATIONS 1,595,894 1,777,556 63 dw lw w 10 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ELIDED 1993 (G) SEWER FUND SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 OUTSTANDING ENCUMBRANCES HOME & COMM. SERV. - ENCUMBR. TOTAL OUTSTANDING ENCUMBRANCES 64 $10,495 G8998M 5 G M G M 10,495 13,370 - 13,370 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS ACCOUNTS RECEIVABLE TOTAL OTHER RECEIVABLES (NET) TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 65 *33 SF 200 31,823 SF 201 SF SF 31,856 0 SF 451 SF SF 0 0 SF 380 SF SF 0 31,856 S 33 14.560 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY UNRESERVED FUND BALANCE APPROPRIATED TOTAL UNRESERVED FUND BALANCE - APPROPRIATED UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 66 520,592 SF 910 SF SF 20,592 11,264 SF 911 SF SF 11,264 31,856 31,856 $ 0 0 14,593 14,593 . 14,593 14,593 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES REAL PROPERTY TAXES $994,331 SF1001 S 1,169,949 SF Cfi SF TOTAL REAL PROPERTY TAXES 994,331 1,169,949 OTHER PAYMENTS IN LIEU OF TAXES 21,225 SF1081 25,095 SF SF TOTAL REAL PROPERTY TAX ITEMS 21,225 25,095 SALES TAX (FROM COUNTY) 97,000 SF1120 77,000 SF SF TOTAL NON PROPERTY TAX ITEMS 97,000 77,000 INTEREST AND EARNINGS 12,814 SF2401 11,234 SF SF TOTAL USE OF MONEY AND PROPERTY 12,814 11,234 TOTAL TOTAL REVENUES 1,125,370 1,283,278 INTERFUND TRANSFERS 0 SF5031 0 SF SF TOTAL INTERFUND TRANSFERS 0 0 TOTAL TOTAL OTHER SOURCES 0 0 Cfi TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES S TOTAL DETAIL REVENUES AND OTHER SOURCES 1,125,370 1,283,278 68 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION RESULTS OF OPERATIONS FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE DETAIL EXPENDITURES AND OTHER USES FIRE PROTECTION, CONTR EXPEND TOTAL FIRE PROTECTION FOR THE FISCAL YEAR ENDED 1993 $1,146,930 SF3410.4 5 1,300,541 SF 1,146,930 SF3410.0 1,300,541 SF SF SF SF SF TOTAL PUBLIC SAFETY 1,146,930 1,300,541 TOTAL EXPENDITURES 1,146,930 1,300,541 TOTAL DETAIL EXPENDITURES AND OTHER USES 1,146,930 1,300,541 69 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICT(S) - FIRE PROTECTION RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL EDP YEAR ENDED 1992 CODE ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $53,416 SF8021 1,125,370 1,146,930 31,856 SF8029 FOR THE FISCAL YEAR ENDED 1993 531,856 1,283,278 1,300,541 14,593 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEARCS) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 70 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 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 APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 5994,331 SF1049M 16,434 SF1099M 97,000 SF1299M 4,426 SF2499M SF M SF M 1,112,191 40,000 SF 599M SF M SF M 40,000 1,152,191 71 M M FOR THE FISCAL YEAR ENDED 1993 $ 1,169,949 23,000 77,000 10,000 1,279,949 20,592 20,592 1,300,541 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SF) SPECIAL DISTRICTS) - FIRE PROTECTION SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION APPROPRIATIONS APP - GENERAL GOVERNMENT SUPPORT APP - PUBLIC SAFETY TOTAL ESTIMATED EXPENDITURES FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 *0 SF1999M S 0 1,152,191 SF3999M 1,300,541 SF -M SF M 1,152,191 M M TOTAL APPROPRIATIONS 1,152,191 72 1,300,541 1,300,541 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICT(S) - LIGHTING BALANCE SHEET DESCRIPTION ASSETS CASH CASH IN TIME DEPOSITS TOTAL CASH TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 73 $26 SL 200 1,149 SL 201 SL SL 1,175 1,175 $ 47 2,355 2,402 2,402 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICT(S) - LIGHTING BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY UNRESERVED FUND BALANCE APPROPRIATED TOTAL UNRESERVED FUND BALANCE - APPROPRIATED UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY TOTAL LIABILITIES AND FUND EQUITY FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 74 $530 SL 910 SL SL 530 645 SL 911 SL SL 645 1,175 1,175 $ 0 0 2,396 2,396 2,396 2,396 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICTS) - LIGHTING RESULTS OF OPERATIONS 75 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED -1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES REAL PROPERTY TAXES 57,127 SL1001 $ in,6gO SL SL TOTAL REAL PROPERTY TAXES 7,127 10.690 INTEREST AND EARNINGS 182 SL2401 215 SL SL TOTAL USE OF MONEY AND PROPERTY 182 215 TOTAL TOTAL REVENUES 7,309 10,g05 TOTAL DETAIL REVENUES AND OTHER SOURCES 7,309 10,905 75 76 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICTS) - LIGHTING RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES STREET LIGHTING, CONTR EXPEND $7,480 SL5182.4 5 9,684 SL TOTAL STREET LIGHTING 7,480 SL5182.0 9,684 SL SL SL SL SL TOTAL TRANSPORTATION 7,480 9,684 TOTAL EXPENDITURES 7,480 9,684 TOTAL DETAIL EXPENDITURES AND OTHER USES 7,480 9,684 76 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICT(S) LIGHTING RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* $1,346 SL8021 51,175 ADD - REVENUES AND OTHER SOURCES 7,309 10,905 DEDUCT - EXPENDITURES AND OTHER USES 7,480 9,684 FUND EQUITY - END OF YEAR* 1,175 SL8029 2,396 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEARCS) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 77 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICTS) - LIGHTING SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE ESTIMATED REVENUES AND OTHER SOURCES EST REV - REAL PROPERTY TAXES EST REV - USE OF MONEY AND PROPERTY TOTAL ESTIMATED REVENUES APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 78 57,125 SL1049M 235 SL2499M SL M SL M 7,360 480 SL 599M SL M SL M 480 7,840 FOR THE FISCAL YEAR ENDED 1993 $ 10,690 220 10,910 530 530 11,440 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (SL) SPECIAL DISTRICTS) - LIGHTING SUMMARY OF FINAL BUDGET AS MODIFIED FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE APPROPRIATIONS APP - TRANSPORTATION TOTAL ESTIMATED EXPENDITURES TOTAL APPROPRIATIONS 79 57,840 SL5999M SL M SL M 7,840 M M 7,840 FOR THE FISCAL YEAR ENDED 1993 11,440 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (V) DEBT SERVICE FUND BALANCE SHEET DESCRIPTION ASSETS INVESTMENTS IN REPURCHASE AGREEMENTS Cash - Savings 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 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 80 S0 V451 V 202 V 0 46 V380 V V 46 0 V391 V V 0 114,640 V230 V V 114,640 114,686 S 0 154,165 154,165 0 0 0 0 0 0 154,165 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (V) DEBT SERVICE FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 LIABILITIES AND FUND EQUITY FUND BALANCE -RESERVED FOR BONDED DEBT $114,686 V884 5 154,165 V V TOTAL SPECIAL RESERVES 114,686 154,165 TOTAL TOTAL FUND EQUITY 114,686 154,165 TOTAL LIABILITIES AND FUND EQUITY 114,686 154,165 u 81 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (V) DEBT SERVICE FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES INTEREST ,AND EARNINGS $77,532 V2401 5 39,479 V V TOTAL USE OF MONEY AND PROPERTY 77,532 39,479 TOTAL TOTAL REVENUES 77,532 39,479 TOTAL DETAIL REVENUES AND OTHER SOURCES 77,532 39,479 82 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (V) DEBT SERVICE FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES TRANSFERS, OTHER FUNDS TOTAL TRANSFERS TOTAL OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES 83 $70,556 70,556 70,556 70,556 V9901.9 S N 0 N (V) DEBT SERVICE FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEARx- ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* 5107,710 V8021 77,532 70,556 114,686 V8029 $114,686 39,479 0 154.165 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 84 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (H) CAPITAL PROJECTS FUND BALANCE SHEET DESCRIPTION ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 CASH $105 H2O0 5 105 CASH IN TIME DEPOSITS 300,455 H2O1 196,730 H H TOTAL CASH 300,560 196,835 INVESTMENTS IN REPURCHASE AGREEMENTS 1,260,755 H451 279,657 H H TOTAL INVESTMENTS 1,260,755 279,657 ACCOUNTS RECEIVABLE 870 H380 1,089 H H TOTAL OTHER RECEIVABLES (NET) 870 1,089 TOTAL ASSETS 1,562,185 477,581 99 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (H) CAPITAL PROJECTS FUND BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 LIABILITIES AND FUND EQUITY ACCOUNTS PAYABLE $1,919 H600 TOTAL ACCOUNTS PAYABLE RETAINED PERCENTAGES, CONT PAY TOTAL RETAINED PERCENTAGES BOND ANTICIPATION NOTES PAYABLE TOTAL NOTES PAYABLE. DUE TO OTHER FUNDS TOTAL DUE TO OTHER FUNDS TOTAL TOTAL LIABILITIES RESERVE FOR ENCUMBRANCES TOTAL RESERVE FOR ENCUMBRANCES UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 86 H H 1,919 0 H605 H H 0 0 H626 H H 0 0 H630 H H 0 1,919 847,558 H821 H H 847,558 712,708 H911 H H 712,708 $ 22,836 22,836 27,583 27,583 0 0 0 0 50,419 6,363 6,363 420,799 420,799 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (H) CAPITAL PROJECTS FUND BALANCE SHEET FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 LIABILITIES AND FUND EQUITY TOTAL TOTAL FUND EQUITY 1,560,266 TOTAL LIABILITIES AND FUND EQUITY 1,562,185 87 EDP FOR THE FISCAL CODE YEAR ENDED 1993 477,581 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (H) CAPITAL PROJECTS FUND RESULTS OF OPERATIONS m FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 i DETAIL REVENUES AND OTHER SOURCES INTERFUND TRANSFERS *0 H5031 S 0 H H TOTAL INTERFUND TRANSFERS 0 0 SERIAL BONDS 0 H5710 0 H H TOTAL PROCEEDS OF OBLIGATIONS 0 n TOTAL TOTAL OTHER SOURCES 0 n TOTAL DETAIL REVENUES AND OTHER SOURCES 0 n m TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (H) CAPITAL PROJECTS FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR"THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES SEWER, EQUIP & CAP OUTLAY 5118,788 H8197.2 5 -932,790 WATER CAPITAL PROJECTS, EQUIP & CAP OUTLAY 141,270 H8397.2 579,804 H H H INTERFUND TRANSFER H 9901.9 20,580 H TOTAL HOME AND COMMUNITY SERVICES 260,058 1,133,104 TOTAL EXPENDITURES 260,058 1,133,104 TOTAL DETAIL EXPENDITURES AND OTHER USES 260,058 1,133,104 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (H) CAPITAL PROJECTS FUND RESULTS OF OPERATIONS * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 90 FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY - BEGINNING OF YEAR* $1,820,324 H8021 $1,560,266 DEDUCT - EXPENDITURES AND OTHER USES 260,058 1,133,104 FUND EQUITY - END OF YEAR* 1,560,266 H8029 427,162 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 90 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (TA) AGENCY FUND BALANCE SHEET DESCRIPTION ASSETS CASH TOTAL CASH ACCRUED INTEREST RECEIVABLE TOTAL OTHER RECEIVABLES (NET) CASH, SPECIAL RESERVES TOTAL RESTRICTED ASSETS TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 91 537,372 TA 200 TA TA 37,372 0 TA 381 TA TA 0 12,023 TA 230 TA TA 12,023 49,395 $ 15,951 15,951 0 0 4,297 7 20,248 (TA) AGENCY FUND BALANCE SHEET DESCRIPTION LIABILITIES DUE TO OTHER FUNDS TOTAL DUE TO OTHER FUNDS CONSOLIDATED PAYROLL STATE RETIREMENT GROUP INSURANCE SOCIAL SECURITY TAX GUARANTY & BID DEPOSITS OTHER FUNDS (SPECIFY) TOTAL AGENCY LIABILITIES TOTAL TOTAL LIABILITIES TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 92 SO TA 630 TA TA 0 30 TA 10 -38, TA 18 383 TA 20 4,042 TA 26 40,261 TA 30 4,717 TA 85 TA 19 TA 49,395 49,3_95 $ 2,189 2,189 86 4,693 18,059 20,248 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (TE) EXPENDABLE TRUST BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 LIABILITIES AND FUND EQUITY OTHER EXPENDABLE TRUST (SPEC) $0 TE 93 S 0 TE TE TOTAL TRUST 0 p TOTAL TOTAL FUND EQUITY 0 n TOTAL LIABILITIES AND FUND EQUITY 0 (1 93 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (TE) EXPENDABLE TRUST RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES UNSUBSTANTIATED PRIOR PERIOD ADJ $0 TE0000 S 0 TE TE TOTAL UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS 0 0 TOTAL TOTAL REVENUES 0 0 TOTAL DETAIL REVENUES AND OTHER SOURCES 0 0 WW TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (TE) EXPENDABLE TRUST RESULTS OF OPERATIONS FOR THE FISCAL EDP DESCRIPTION YEAR ENDED 1992 CODE DETAIL EXPENDITURES AND OTHER USES GENERAL GOVERNMENTAL SUPPORT TOTAL GENERAL GOVERNMENT SUPPORT TOTAL EXPENDITURES TOTAL DETAIL EXPENDITURES AND OTHER USES 95 FOR THE FISCAL YEAR ENDED 1993 $9,721 TE1999.4 $ 0 TE TE TE TE TE 9,721 0 9,721 0 9,721 0 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (TE) EXPENDABLE TRUST RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 CODE YEAR ENDED 1993 ANALYSIS OF CHANGES IN FUND EQUITY FUND EQUITY BEGINNING OF YEAR* 59,721 TE8021 DEDUCT - EXPENDITURES AND OTHER USES 9,721 FUND EQUITY END OF YEAR* 0 TE8029 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 96 50 0 0 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. 96 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (K) GENERAL FIXED ASSETS GROUP OF ACCOUNTS BALANCE SHEET DESCRIPTION ASSETS LAND BUILDINGS MACHINERY & EQUIPMENT TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 532,842 K101 5 71,642 389,484 K102 389,484 1,284,808 K104 1,394,866 K K 1,707,134 1,855,992 97 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (K) GENERAL FIXED ASSETS GROUP OF ACCOUNTS BALANCE SHEET FOR THE FISCAL DESCRIPTION YEAR ENDED 1992 INVESTMENT IN GENERAL FIXED ASSETS INVEST GENERAL FXD ASSETS -CURRENT APP 51,182,004 INVEST GENERAL FXD ASSETS -GIFTS 5,700 INVEST GENERAL FXD ASSETS -FEDERAL AID 519,430 TOTAL INVESTMENT IN GENERAL FIXED ASSETS 1,707,134 EDP CODE K152 K153 K157 K FOR THE FISCAL YEAR ENDED 1993 $ 1,292,062 44,500 519,430 1,855,992 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (W) GENERAL LONG TERM DEBT GROUP OF ACCOUNTS BALANCE SHEET DESCRIPTION ASSETS AMT AVAILABLE IN DEBT SERVICE FUND AMTS TO BE PROV FOR LONG-TERM TOTAL ASSETS FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 5114,640 W120 5 114,640 10,462,197 W125 9,642,410 W W 10,576,837 9,75 _050 TOWN OF ITHACA ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1993 (W) GENERAL LONG TERM DEBT GROUP OF ACCOUNTS BALANCE SHEET DESCRIPTION LIABILITIES FOR THE FISCAL EDP FOR THE FISCAL YEAR ENDED 1992 CODE YEAR ENDED 1993 INSTALLMENT PURCHASE DEBT $19,056 W685 $ 11,238 COMPENSATED ABSENCES 72,489 W687 64,353 W W TOTAL OTHER LIABILITIES 91,545 75,591 DUE TO EMPLOYEES' RETIREMENT SYSTEM 89,099 W637 73,07.5 W W TOTAL DUE TO OTHER GOVERNMENTS 89,099 73,075 BONDS PAYABLE 10,396,193 W628 ,608,384W 9,608,38-4- W W TOTAL BOND AND LONG TERM LIABILITIES 10,396,193 9,608,384 TOTAL TOTAL LIABILITIES 10,576,837 9,757_,050 100 *** SUPPLEMENTAL SECTION *** 101 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT TAX ANTICIPATION NOTES I I (LIST SEPARATELY BY DATE OF ISSUE I EDPCODE AMOUNT i I ITAX ANTICIPATION NOTE NO. 1 I I I (MONTH AND YEAR OF ISSUE 1 (CURRENT INTEREST RATE I IOUTSTANDING BEGINNING OF YEAR 2P18611 S I (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18613 S I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18615 5 I IOUTSTANDING END OF FISCAL YEAR 2P18617 S I IFINAL MATURITY DATE I I I ITAX ANTICIPATION NOTE NO. 2 1 I 1 IMONTH AND YEAR OF ISSUE I (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18611 S [ (,ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18613 S [ (PAID DURING FISCAL YEAR [ (DO NOT INCLUDE RENEWALS HERE) 2P18615 S [ (OUTSTANDING END OF FISCAL YEAR 2P18617 S [ [FINAL MATURITY DATE I [ I ITAX ANTICIPATION NOTE NO. 3 1 [ I IMONTH AND YEAR OF ISSUE [ (CURRENT INTEREST RATE [ IOUTSTANDING BEGINNING OF YEAR 2P18611 S I IISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18613 $ I (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18615 $ I IOUTSTANDING END OF FISCAL YEAR 2P18617 S [ (FINAL MATURITY DATE I [ I TOTAL TAX ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR $ ISSUED DURING FISCAL YEAR S PAID DURING FISCAL YEAR $ OUTSTANDING END OF FISCAL YEAR S 102 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT REVENUE ANTICIPATION NOTES I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I (REVENUE ANTICIPATION NOTE NO. 1 (MONTH AND YEAR OF ISSUE NO. 3 ICURRENT INTEREST RATE 1 IOUTSTANDING BEGINNING OF YEAR 2P18621 S (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18623 S IPAID DURING FISCAL YEAR (OUTSTANDING BEGINNING OF YEAR -(DO NOT INCLUDE RENEWALS HERE) 2P18625 $ (OUTSTANDING END OF FISCAL YEAR 2P18627 S IFINAL MATURITY DATE HERE) 2P18623 I IREVENUE ANTICIPATION NOTE NO. 2 (PAID DURING FISCAL YEAR 1 (MONTH AND YEAR OF ISSUE I (DO NOT INCLUDE RENEWALS ICURRENT INTEREST RATE 2P18625 S (OUTSTANDING BEGINNING OF YEAR 2P18621 5 (ISSUED DURING FISCAL YEAR IFINAL MATURITY DATE I I (DO NOT INCLUDE RENEWALS HERE) 2P18623 S IPAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18625 S (OUTSTANDING END OF FISCAL YEAR 2P18627 $ (FINAL MATURITY DATE I (REVENUE ANTICIPATION NOTE NO. 3 1 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18621 $ IISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18623 5 (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18625 S (OUTSTANDING END OF FISCAL YEAR 2P18627 S IFINAL MATURITY DATE I TOTAL REVENUE ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR S ISSUED DURING FISCAL YEAR $ PAID DURING FISCAL YEAR 5 OUTSTANDING END OF FISCAL YEAR $ 103 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BUDGET NOTES i 1 ILIST SEPARATELY BY DATE OF ISSUE I EDPCODE AMOUNT [ I IBUDGET NOTE NO. 1 I 1 [MONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18631 S I (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18633 5 I IPAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18635 S I OUTSTANDING END OF FISCAL YEAR 2P18637 S I (FINAL MATURITY DATE I I i IBUDGET NOTE NO. 2 I I I IMONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE [ (OUTSTANDING BEGINNING OF YEAR 2P18631 S [ (ISSUED DURING FISCAL YEAR [ I (DO NOT INCLUDE RENEWALS HERE) 2P18633 S [ (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18635 s I (OUTSTANDING END OF FISCAL YEAR 2P18637 5 (FINAL MATURITY DATE I [ I IBUDGET NOTE NO. 3 1 [ 1 IMONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18631 S I (ISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18633 $ I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18635 S I IOUTSTANDING.END OF FISCAL YEAR 2PI8637 $ (FINAL MATURITY DATE I I I TOTAL BUDGET NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR 5 ISSUED DURING FISCAL YEAR S PAID DURING FISCAL YEAR $ OUTSTANDING END OF FISCAL YEAR S 104 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT CAPITAL NOTES ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I ICAPITAL NOTE NO. 1 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR S (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 5 (PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) S (OUTSTANDING END OF FISCAL YEAR 2P4 57 S (FINAL MATURITY DATE I (CAPITAL NOTE NO. 2 I (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR S (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S IOUTSTANDING END OF FISCAL YEAR 2P4 57 $ (FINAL MATURITY DATE I (CAPITAL NOTE NO. 3 1 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR S (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) $ IPAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) $ (OUTSTANDING END OF FISCAL YEAR 2P4 57 S IFINAL MATURITY DATE TOTAL CAPITAL NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR 2P18651 ISSUED DURING FISCAL YEAR 2P18653 PAID DURING FISCAL YEAR 2P18655 OUTSTANDING END OF FISCAL YEAR 2P18657 105 STATEMENT OF INDEBTEDNESS WATER, AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES 1 ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I IBOND ANTICIPATION NOTE NO. 1 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR S (ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S IOUTSTANDING END OF FISCAL YEAR 2P4 67 $ (FINAL MATURITY DATE I IBOND ANTICIPATION NOTE NO. 2 1 IMONTH AND YEAR OF ISSUE ICURRENT 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 2P4 67 S IFINAL MATURITY DATE I IBOND ANTICIPATION NOTE NO. 3 1 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR $ [ISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S IPAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S (OUTSTANDING END OF FISCAL YEAR 2P4 67 $ (FINAL MATURITY DATE I 106 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES I ILIST SEPARATELY. BY DATE OF ISSUE EDPCODE AMOUNT I (BOND ANTICIPATION NOTE NO. 4 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR S 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 2P4 67 $ IFINAL MATURITY DATE (BOND ANTICIPATION NOTE NO. 5 1 IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR $ IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) S [PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) $ (OUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND ANTICIPATION NOTE NO. 6 1 2P4 67 S (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) S IOUTSTANDING END OF FISCAL YEAR 2P4 67 $ IFINAL MATURITY DATE I TOTAL BOND ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR 2P18661 S ISSUED DURING FISCAL YEAR 2P18663 S PAID DURING FISCAL YEAR 2P18665 $ OUTSTANDING END OF FISCAL YEAR 2P18667 S BOND ANTICIPATION NOTES REDEEMED FROM BOND PROCEEDS DURING FISCAL YEAR 2P18885 S 107 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT (BOND NO. 1 I. - I East State St. - Water I _ IMONTH AND YEAR OF ISSUE 02/54 i I CURRENT INTEREST RATE 2.60 (OUTSTANDING BEGINNING OF YEAR 2P18671 S 9,60n (ISSUED DURING FISCAL YEAR 2P18673 S n (PAID DURING FISCAL YEAR 2P18675 $ .gnn I IOUTSTANDING END OF FISCAL YEAR 2P18677 $ ,gon FINAL MATURITY DATE I ng /A4 I BOND N0. 2 1976 Water & Sewer Improvement IMONTH AND YEAR OF ISSUE n9�76 I CURRENT INTEREST RATE 6,nn (OUTSTANDING BEGINNING OF YEAR 2P18671 S 4qn,nnn (ISSUED DURING FISCAL YEAR 2P18673 S n IPAID DURING FISCAL YEAR 2P18675 $ gn,nnn I (OUTSTANDING END OF FISCAL YEAR 2P18677 S 4nn nnn IFINAL MATURITY DATE I n-A/n-A I i BOND N0. 3 1986 Public Improvement IMONTH AND YEAR OF ISSUE ns/R6 ICURRENT INTEREST RATE 6.80 1 (OUTSTANDING BEGINNING OF YEAR 2P18671 $ 9,10n"000-1 (ISSUED DURING FISCAL YEAR 2P18673 S n I I PAID DURING FISCAL YEAR 2P18675 $ 150,00.0-1 [OUTSTANDING END OF FISCAL YEAR 2P18677 $ ig5n nnn 1 IFINAL MATURITY DATE I n5/n(, BOND N0. 4 1983 Public Improvement IMONTH AND YEAR OF ISSUE n5/ft4 (CURRENT INTEREST RATE 710-1 (OUTSTANDING BEGINNING OF YEAR 2P18671 $ 930,000 (ISSUED DURING FISCAL YEAR 2P18673 S n IPAID DURING FISCAL YEAR 2P18675 S 4n_nnn (OUTSTANDING END OF FISCAL YEAR 2P18677 $ 190,000 [ (FINAL MATURITY DATE I nti/gR I 108 STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I ' (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT 1 BOND NO. 5 1989 Public Improvement I I I IMONTH AND YEAR OF ISSUE 1 [CURRENT INTEREST RATE 7.30 1 IOUTSTANDING BEGINNING OF YEAR 2P18671 $ 2,215,000 [ (ISSUED DURING FISCAL YEAR 2P18673. S 0 [ PAID DURING FISCAL YEAR 2P18675 $ 125,000 1 IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18677 $ 2,090,000 03/08 1 BOND NO. 6 SCLIWC (MONTH AND YEAR OF ISSUE 11/76 1 ICURRENT INTEREST RATE 6.70 1 IOUTSTANDING BEGINNING OF YEAR 2P18671 $ 958,455 1 (ISSUED DURING FISCAL YEAR 2P18673 S 0 I 1 PAID DURING FISCAL YEAR 2P18675 $ 239,613 1 (OUTSTANDING END OF FISCAL YEAR 2P18677 S 718,842 1 IFINAL MATURITY DATE 08/96 1 1 1 (BOND N0. 7 1 I SCLIWC: Zebra Mussel Project I IMONTH AND YEAR OF ISSUE 12/91 1 (CURRENT INTEREST RATE 6.00 1 (OUTSTANDING BEGINNING OF YEAR 2P18671 S 51,869 1 (ISSUED DURING FISCAL YEAR 2P18673 S 0 I IPAID DURING FISCAL YEAR 2P18675 S 5,187 1 IOUTSTANDING END OF FISCAL YEAR [FINAL MATURITY DATE I [BOND NO. 1 8 1991 Public Improvement IMONTH 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 108 A 2P18677 $ 46,682 1 06/00 1 - 07/91 I 6.625 I 2P18671 S 4,290,000 I 2P18673 $ 0 I 2P18675 $ 175,000 I 2P18677 S 4,115,000 1 07/11 J I STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT BOND N0. 9 SCLIWC - Zebra Mussel Project (MONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE 6.001 (OUTSTANDING BEGINNING OF YEAR 2P18671 $ 51,869 1 (ISSUED DURING FISCAL YEAR 2P18673 S 01 (PAID DURING FISCAL YEAR 2P18675 S 5, 1 (OUTSTANDING END OF FISCAL YEAR 2P18677 $ 46,683( (FINAL MATURITY DATE 06/00 I i BOND NO. 10 SCLIWC — Zebra Mussel Project IMONTH AND YEAR OF ISSUE 01/93 ICURRENT INTEREST RATE 4.501 (OUTSTANDING BEGINNING OF YEAR 2P18671 $ 01. (ISSUED DURING FISCAL YEAR 2P18673 $ 51,8691 (PAID DURING FISCAL YEAR 2P18675 $ 5,1861 (OUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18677 $ 46,683 1 06 00 1 _I IBOND NO. I I I (MONTH AND YEAR OF ISSUE I ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR 2P18671 S I (ISSUED DURING FISCAL YEAR 2P18673 S I (PAID DURING FISCAL YEAR 2P18675 $ )OUTSTANDING END OF FISCAL YEAR 2P18677 $ I IFINAL MATURITY DATE I I I TOTAL BONDS AMOUNT OUTSTANDING BEGINNING OF YEAR $ 10,396,193 ISSUED DURING FISCAL YEAR $ 51,869 PAID DURING FISCAL YEAR $ 839,672 OUTSTANDING END OF FISCAL YEAR $ 9,608,390 109 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT CAPITAL NOTES I ILIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I ICAPITAL NOTE NO. 1 IMONTH AND YEAR OF ISSUE [ I I ICURRENT INTEREST RATE [ ICURRENT INTEREST RATE I (OUTSTANDING BEGINNING OF YEAR IOUTSTANDING BEGINNING OF YEAR 2P18751 $ I IISSUED DURING FISCAL YEAR [ I (DO NOT INCLUDE RENEWALS HERE) 2P18753 $ I (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18755 I [ (DO NOT INCLUDE RENEWALS HERE) 2P18755 S I (OUTSTANDING END OF FISCAL YEAR 2P18757 $ I IFINAL MATURITY DATE I OUTSTANDING BEGINNING OF YEAR I I ICAPITAL NOTE NO. 2 I $ I - I (MONTH AND YEAR OF ISSUE g OUTSTANDING END OF FISCAL YEAR I [CURRENT INTEREST RATE I [OUTSTANDING BEGINNING OF YEAR 2P18751 $ I (ISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18753 $ I (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18755 $ I (OUTSTANDING END OF FISCAL YEAR 2P18757 $ [ (FINAL MATURITY DATE I I I ICAPITAL NOTE NO. 3 I [ I IMONTH AND YEAR OF ISSUE [ ICURRENT INTEREST RATE I IOUTSTANDING BEGINNING OF YEAR 2P18751 $ I (ISSUED DURING FISCAL YEAR [ I (DO NOT INCLUDE RENEWALS HERE) 2P18753 $ [ (PAID DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18755 $ (OUTSTANDING END OF FISCAL YEAR 2P18757 S [ IFINAL MATURITY DATE I I TOTAL CAPITAL NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR $ ISSUED DURING FISCAL YEAR $ PAID DURING FISCAL YEAR g OUTSTANDING END OF FISCAL YEAR $ 110 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I (BOND ANTICIPATION NOTE NO. 1 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18761 S IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18763 $ IPAID 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. 2 i (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18761 S (ISSUED DURING FISCAL YEAR (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 IBOND ANTICIPATION NOTE NO. 3 (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18761 $ [ISSUED 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 I 111 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I IBOND ANTICIPATION NOTE NO. 4 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18761 S (ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18763 S (PAID DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18765 $ (OUTSTANDING END OF FISCAL YEAR 2P18767 S IFINAL MATURITY DATE I IBOND ANTICIPATION NOTE NO. 5 1 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18761 S IISSUED 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 S (FINAL MATURITY DATE I � (BOND ANTICIPATION NOTE NO. 6 I I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18761 S IISSUED DURING FISCAL YEAR I I (DO NOT INCLUDE RENEWALS HERE) 2P18763 S I (PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18765 S I IOUTSTANDING END OF FISCAL YEAR 2P18767 $ IFINAL MATURITY DATE I I I TOTAL BOND ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR $ ISSUED DURING FISCAL YEAR S PAID DURING FISCAL YEAR $ OUTSTANDING END OF FISCAL YEAR $ { BOND ANTICIPATION NOTES REDEEMED FROM BOND PROCEEDS DURING FISCAL YEAR 2P18885 S 112 STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I (LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT IBOND NO. 1 [MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18771 S (ISSUED DURING FISCAL YEAR 2P18773 S IPAID DURING FISCAL YEAR 2P18775 S IOUTSTANDING END OF FISCAL YEAR 2P18777 S (FINAL MATURITY DATE I (BOND NO. 2 1 IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18771 S (ISSUED DURING FISCAL YEAR 2P18773 $ (PAID DURING FISCAL YEAR 2P18775 S (OUTSTANDING END OF FISCAL YEAR 2P18777 S IFINAL MATURITY.DATE I (BOND NO. 3 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18771 $ (ISSUED DURING FISCAL YEAR 2P18773 S IPAID DURING FISCAL YEAR 2P18775 S [OUTSTANDING END OF FISCAL YEAR [FINAL MATURITY DATE . 2P18777 S IBOND NO. 4 1 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18771 $ (ISSUED DURING FISCAL YEAR 2P18773 $ (PAID DURING FISCAL YEAR 2P18775 $ IOUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I 113 2P18777 $ STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS I ILI.ST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT I (BOND NO. 5' 1 (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18771 S (ISSUED DURING FISCAL YEAR 2P18773 S (PAID DURING FISCAL YEAR 2P18775 5. (OUTSTANDING END OF FISCAL YEAR 2P18777 S IFINAL MATURITY DATE I (BOND NO. 6 1 (MONTH AND YEAR OF ISSUE ICURP.ENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR 2P18771 $ (ISSUED DURING FISCAL YEAR 2P18773 S (PAID DURING FISCAL YEAR 2P18775 S (OUTSTANDING END OF FISCAL YEAR 2P18777 $ (FINAL MATURITY DATE I - (BOND NO. 7 I (MONTH AND YEAR OF ISSUE (CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR 2P18771 S (ISSUED DURING FISCAL YEAR 2P18773 S (PAID DURING FISCAL YEAR 2P18775 $ (OUTSTANDING END OF FISCAL YEAR 2P18777 $ IFINAL MATURITY DATE I TOTAL BONDS OUTSTANDING BEGINNING OF YEAR $ ISSUED DURING FISCAL YEAR S PAID DURING FISCAL YEAR $ OUTSTANDING END OF FISCAL YEAR S 114 AMOUNT STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT STATE OR AUTHORITY LOANS (STATE OR AUTHORITY LOANS I (MONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE (OUTSTANDING BEGINNING OF YEAR (ISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR (OUTSTANDING END OF FISCAL YEAR (FINAL MATURITY DATE I EDPCODE AMOUNT 2P18791 S 2P18793 S 2P18795 $ 2P18797 S TOTAL OF ALL INDEBTEDNESS INCLUDES TOTAL OF ALL BONDS AND NOTES - EXEMPT AND NOT EXEMPT OUTSTANDING BEGINNING OF YEAR $ ISSUED DURING FISCAL YEAR S PAID DURING FISCAL YEAR S OUTSTANDING END OF FISCAL YEAR S 115 SANITARY SEWER 81 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 WATER 83 I OTHER (PLEASE SPECIFY)! EXEMPT I DATE OF TAX I FROM DEBTIISSUE OR INCREMENT I I I LIMIT ILATEST FINANCING I I I (RENEWAL 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 1 I I 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 -- 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 116 MATURITY SCHEDULE USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR IEDPCODE I I I I I PURPOSE OF ISSUE I I I I SCLIWC-ZEBRA I I kTRSF.T. I FOR STATE COMPTROLLER) 2P3CE Ppn mrT I I 1 USE ONLY I I I I I TOTAL PRINCIPAL 12P3PR I I I I I I I I 51,869 I I DATE OF ISSUE I 2P3DT I I I I 01/93 I I I INTEREST RATE 12P3PC I I I (IN DECIMALS) I I I I i I 4.50 I I MONTH, DAY AND YEAR 12P3DM I I I OF FINAL MATURITY I I I I I I 06/01/00 I I AMOUNT OF PRINCIPAL 12P393 1 I I REDEEMED IN OR TO BE I I 5,186 I I REDEEMED IN FISCAL 12P394 I I I YEAR ENDING IN I I 5,187 I I (THE LAST TWO DIGITS 1 2P395 I I I OF THE EDP CODE I I 6,224 I I CORRESPOND TO THE 12P396 I I I FISCAL YEAR ENDED) I I 6,224 I I 12P397 I I I I I 6,743 I I 12P398 I I I I I 6,743 I I 12P399 I I I I I 7,780 I I 12P300 I I I I I 7,780 I I i 2P301 I I I 12P302 I I I I I I I 12P303 I I I I I I I 1'2P304 i I I I I I 12P305 I I I I 12P306 I I I I I I I 1 2P307 i l I I I I I 2P308 I I I 2P309 I I i 2P310 I I I I I I f I 117 MATURITY SCHEDULE USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR (CONTINUED) 118 IEDPCODE I I I I I I I AMOUNT OF PRINCIPAL I I 12P311 I I I I REDEEMED IN OR TO BE I I I I I REDEEMED IN FISCAL 12P312 I I I I YEAR ENDING IN I I I I I (THE LAST TWO DIGITS 12P313 I I I I OF THE EDP CODE I I I I I CORRESPOND TO THE. 12P314 I I I I FISCAL YEAR ENDED) I I I I I 12P315 I I i I i 12P316 I I I I I i 2P317 I I I I I I I I I 12P318 i I I I I 12P319 I I I I i I I I I 12P320 I I I I I I I I I 12P321 I I I I I 12P322 I I I I I 12P323 I I I I I I I I I 12P324 I I I I I I I I I 12P325 I I I I I I I I I 12P326 I I I I I I I I 12P327 I I I I I I I I I 2P328 I I I I I 12P329 I I I I I I I I I 12P330 I I I I 1 I I I I 12P331 I I I I I I I I I 2P332 I i I I I 2P333 I I I I I I I I I I i I I I I I TOTAL I I I I I I I I I 118 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 1992 ONLY CCODE EDP CODE AMOUNT -------- --------- TYPE OF DEBT INSTRUMENT: PLEASE ENTER 1 FOR A BOND, 2 FOR A BOND ANTICIPATION NOTE, OR 3 FOR OTHER NOTES. 6PKOD AMOUNT OF ISSUE 6PPR S WAS THIS ISSUE SOLD COMPETITIVELY OR JHROUGH NEGOTIATED SALE? PLEASE ENTER 1 IF SOLD COMPETITIVELY, 2 IF NEGOTIATED SALE. 6PTOS CREDIT RATING WHICH ORGANIZATION RATED THE ISSUE? DATE OF ISSUE 6PDT MONTH, DAY AND YEAR OF FINAL MATURITY 6PDM LOCAL FINANCE LAW SECTION 11 SUBSECTION AUTHORIZING ISSUANCE 6PPU PURPOSE OF ISSUE 6PPOI TYPE OF INTEREST RATE: PLEASE ENTER 1 IF FIXED, 2 IF VARIABLE, 3 IF SOLD AT DISCOUNT. 6PTIR INTEREST RATE ON DATE OF ISSUE 6PIR PAR VALUE 6PPV $ PREMIUM AND ACCRUED INTEREST 6PAI S AMOUNT OF SALE/TOTAL PROCEEDS 6PSTP S LESS: COST OF ISSUANCE ORIGINAL ISSUE DISCOUNT 6POID S UNDERWRITERS DISCOUNT 6PUD $ LETTER OF CREDIT 6PLC S LIQUIDITY FACILITY 6PLF S OTHER COSTS OF ISSUANCE 6POCI S TOTAL COSTS OF ISSUANCE 6PTC $ NET PROCEEDS AVAILABLE FOR PURPOSE OF ISSUE 6PNP S 119 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 1993 ONLY CCODE PURCHASE CONTRACTS EDPCODE AMOUNT ------------------ ------- --------- PURPOSE IBM System 36 C:omput-pr 3PPIO 40,540 (IDENTIFY CAPITAL IMPROVEMENT/PURCHASE) NAME OF VENDOR TRM PLEASE ENTER 1 IF THE CONTRACT WAS FINANCED BY VENDOR FINANCING OR ENTER 2 IF NON -VENDOR THIRD PARTY FINANCING WAS UTILIZED. 3PVEND COST OF CAPITAL IMPROVEMENT (EXCLUDING FINANCING COST) DATE OF CONTRACT DATE OF FIRST PAYMENT ON CONTRACT DATE OF LAST PAYMENT ON CONTRACT FINANCING TERMS --------------- DOWNPAYMENT 3PCCI S SPDC 3PFP 3PLP 1 03/30/90 04/07/90 04/07/ 95 3PDP 5 0 INTEREST RATE SET FORTH IN INSTALLMENT PURCHASE CONTRACT 3PIPIR 8.15 % TOTAL PRINCIPAL AMOUNT OF INSTALLMENT PURCHASE CONTRACT (EXCLUDING INTEREST) 3PAIPC $ 37.,649 AMOUNT OF CURRENT YEAR PRINCIPAL PAYMENT ON CONTRACT 3PCYPP S 8,952 (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 Ie\uG11l���il��Iil����Y11��7 NET INTEREST RATE FOR COPS WAS THIS AN AGGREGATED OR POOLED ARRANGEMENT? (PLEASE ENTER 1 IF AGGREGATED, 2 IF POOLED, OR 3 IF NEITHER.) 120 3PUPP S 10,554 3PLIPC 5 YRS 3PCOPS 3PCOPCN 3PCOPNM 3PCOPPR $ 3PCOPIR 3PCOPAP TOWN OF ITAACA 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 EDPCODE 3P93 3P94 3P95 3P96 3P97 3P98 3P99 3P00 3P01 3P02 3P03 3PO4 3P05 3P06 3P07 PRINCIPAL AMOUNT DUE -------------------- 8,952 9,709 845 121• CCODE EDPCODE PRINCIPAL AMOUNT DUE 3P08 3P09 3P10 3P11 3P12 3P13 3P14 3P15 3P16 3P17 3P18 3P19 3P20 3P21 3P22 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 LINE(S) NEXT TO 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 1 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. 122 SCHEDULE OF SECURITIES FOR COLLATERALIZATION ELIGIBLE SECURITIES ------------------- EDPCODE RESPONSE 7. OBLIGATIONS OF COUNTIES, CITIES, AND OTHER 9ZSECO7 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 9ZSECO8 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 9ZSEC1O 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 123 9ZSEC12 9ZSEC13 SCHEDULE OF TIME DEPOSITS AND INVESTMENTS OTHER THAN RESERVE FUNDS EDPCODE AMOUNT CASH: ON HAND 9Z2001 700 DEMAND DEPOSITS 9Z2021 .302,291 TIME DEPOSITS 922011 1,825,42T- , ,TOTAL TOTAL 2,128,414 COLLATERAL: - FDIC INSURANCE 9Z2014 100,000 - SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY 9Z2014A (2) HELD BY THIRD PARTY CUSTODIAL BANK 9Z2014B 2,028,414 (3) HELD BY TRADING COUNTER PARTNER 9Z2014C INVESTMENTS: - SECURITIES (450) *BOOK VALUE (COST) 9Z4501 *MARKET VALUE AT BALANCE SHEET DATE 9Z4502 *SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY 9Z4504A (2) HELD BY THIRD PARTY CUSTODIAL BANK 9Z4504B (3) HELD BY TRADING COUNTER PARTNER 9Z4504C - REPURCHASE AGREEMENTS (451) *BOOK VALUE (COST) 9Z4511 800,000 *MARKET VALUE AT BALANCE SHEET DATE 9Z4512 *SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY 9Z4514A (2) HELD BY THIRD PARTY CUSTODIAL BANK 9Z4514B (3) HELD BY TRADING COUNTER PARTNER 9Z4514C 124 SCHEDULE OF TIME DEPOSITS AND INVESTMENTS RESERVE FUNDS CASH (ALL RESERVE FUNDS): ON HAND DEMAND DEPOSITS TIME DEPOSITS TOTAL COLLATERAL: - FDIC INSURANCE - SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER INVESTMENTS CALL RESERVE FUNDS) - SECURITIES (450) *BOOK VALUE (COST) *MARKET VALUE AT BALANCE SHEET DATE *SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER - REPURCHASE AGREEMENTS CALL RESERVE FUNDS) (451) *BOOK VALUE (COST) *MARKET VALUE AT BALANCE SHEET DATE *SECURITIES LOCATED: (1) POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER 125 EDPCODE AMOUNT 9Z2301 9Z2311 9Z2321 20.216 9Z2324 20,216 9Z2324A 9Z2324B 20,216 9Z2324C 9Z4521 9Z4522 9Z4524A 9Z4524B 9Z4524C 9Z4531 9Z4532 9Z4534A 9Z4534B 9Z4534C THIS FORM MUST BE COMPLETED UNLESS THESE FINANCIAL STATEMENTS WILL BE AUDITED BY AN INDEPENDENT PUBLIC ACCOUNTANT. BANK RECONCILIATION INCLUDE ALL CHECKING, SAVINGS AND C.D. ACCOUNTS BANK ADD: LESS: ADJUSTED ACCOUNT BANK DEPOSITS OUTSTANDING BANK NUMBER BALANCE IN TRANSIT CHECKS BALANCE TOTAL ADJUSTED BANK BALANCE PETTY CASH ADJUSTMENTS (SPECIFY) TOTAL CASH TOTAL.CASH BALANCE ALL FUNDS * MUST BE EQUAL EDP CODE 9ZCASH 9ZCASHB 126 REAL PROPERTY TAX LEVY.AND RELATED INFORMATION CURRENT YEAR TAX LEVY AND COLLECTIONS COUNTIES, CITIES, VILLAGES, AND WESTCHESTER COUNTY TOWNS TAXES ON ROLL $ ADD:RELEVIED TAXES $ ADD:OTHER S TOTAL TAXES AND OTHER ITEMS ON WARRANT S DEDUCT:CANCELLATIONS AND ADJUSTMENTS C DEDUCT:OTHER TOTAL TAXES AND OTHER ITEMS TO BE COLLECTED S DEDUCT TOTAL TAXES AND OTHER ITEMS ACTUALLY COLLECTED UNCOLLECTED TAXES AND OTHER ITEMS 5 TAX COLLECTION PERFORMANCE (A DIVIDED BY B) NEAREST HUNDREDTH PERCENT (B) 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 CURRENT YEAR 19 S 5 5 S PRIOR YEARS: TOTAL 127 S_ S �$ AMOUNT TOTAL TOWN OF ITHACA LOCAL GOVERNMENT QUESTIONNAIRE EDP CODE RESPONSE ----- --------- WILL OR HAVE THE FINANCIAL STATEMENTS FOR YOUR LOCAL GOVERNMENT BE INDEPENDENTLY AUDITED? (IF YES ENTER 1, IF NO ENTER 2) 9ZAC0 1 2. IF THE ANSWER TO QUESTION 1 ABOVE IS YES, PLEASE COMPLETE THE FOLLOWING: NAME OF AUDITING FIRM C:insrhi, Dieters Hagen 9ZIAC Little, and Mickelson ADDRESS OF AUDITING FIRM STREET Terrare Bill CITY Ithaca, STATE AND ZIP CODE New York 14850 3. DOES YOUR LOCAL GOVERNMENT PARTICIPATE IN AN INSURANCE POOL WITH OTHER LOCAL GOVERNMENT? CIF 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 128 TOWN OF ITHACA NOTICE OF TORT CLAIMS FOR THE FISCAL YEAR ENDED 1993 TOTAL TOTAL NUMBER OF CLAIMS AMOUNT OF CLAIMS EDPCODE NUMBER EDPCODE AMOUNT CLAIMS PENDING -BEGINNING OF YEAR *CLAIMS OTHER THAN CODEFENDANT/THIRD PARTY 9ZTR15 * 3 9ZTR16 *CLAIMS INVOLVING CODEFENDANT/THIRD PARTY 9ZTR10 -0- 9ZTR11 PLUS: NOTICES FILED DURING YEAR *OTHER THAN 4 CODEFENDANT/THIRD PARTY 9ZTR25 9ZTR26 *INVOLVING CODEFENDANT/ THIRD PARTY DEFENDANT 9ZTR20 9ZTR21 LESS: - CLAIMS DISPOSED OF DURING YEAR PRIOR TO COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR30 1 9ZTR31 * BY INSURANCE CARRIER 9ZTR40 1 9ZTR41 - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR50 1 9ZTR51 * BY INSURANCE CARRIER 9ZTR60 1 9ZTR61 * BY JUDGMENT 9ZTR70 9ZTR71 - OTHER 9ZTR80 9ZTR81 EQUALS: CLAIMS PENDING -END OF YEAR *CLAIMS OTHER THAN CODEFENDANT/THIRD PARTY 9ZTR95 2 9ZTR96 *CLAIMS INVOLVING CODEFENDANT/THIRD PARTY 9ZTR90 9ZTR91 129 * $178,585 -0- . 61,979 16,383 355 45,000 176,615 TOWN OF ITHACA NOTICE OF TORT CLAIMS FOR THE FISCAL YEAR ENDED 1993 AMOUNT PAID EDPCODE ON CLAIMS - CLAIMS DISPOSED OF DURING YEAR PRIOR TO COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR32 * BY INSURANCE CARRIER 9ZTR42 EDPCODE - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR54 • BY INSURANCE CARRIER 9ZTR64 * BY JUDGMENT 9ZTR74 * OTHER 9ZTR84 EDPCODE - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR52 * BY INSURANCE CARRIER 9ZTR62 • BY JUDGMENT 9ZTR72 ,*.OTHER 9ZTR82 16,383 355 GULUMN (1J NUMBER ON CLAIMS # EDPCODE 1 COLUMN (3) AMOUNT PAID ON CLAIMS 1 1 -0- -0- 9ZTR56 9ZTR66 9ZTR76 9ZTR86 EDPCODE 9ZTR58 9ZTR68 9ZTR78 9ZTR88 COLUMN (2) MUNICIPALITY EQUITABLE SHARE 45,000 176,615 -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: NOTICE OF .TORT CLAIMS REPORT PREPARED ON cr NAME loan Lent Noteboom Town Clerk TITLE March 8, 1994 BY DATE 126 East Seneca Street, Ithaca, New York 14850 ADDRESS ( 607 ) 130 273-1721 PHONE NUMBER NOTES TO FINANCIAL STATEMENTS NOTICE OF TORT CLAIMS FOR THE FISCAL YEAR'ENDED 1993 Page 129: Claims Pending Beginning of Year differs from the claims ending on the 1992 report because a claim was determined to be settled previous to the end of 1992, but the claim was actually settled on February 2, 1993 with notification after this report was submitted with the financial report. Claims Pending Beginning 1993: Name/Description 10/5/88 7/28/92 12/12/92 Notices Filed During Year: Name/Description 7/1/93 3/21/93 8/20/93 10/11/93 No. Amount 1 $176,615.00 1 ,616.00 1 355.00 No. Amount 1 $ 45,000.00 1 596.00 1 16,383.00 1 Undetermined Claims Disposed of During Year Prior to Commencement of Court Action: By Locality: Name/Description No. Amount 8/20/93 1 $ 16,383.00 By Insurance Carrier: 12/12/92 1 $ 355.00 Claims Disposed of During Year After Commencement of Court Action: By Locality: Name/Description No. Amount 7/1/93 1 $ 45,000.00 10/5/88 1 176,615.00 Notes: Tort Claims Page 2. Claims Pending End of Year: Name/Description 3/21/93 10/11/93 No. Amount 1 $ 596.00 1 Undetermined TOWN OF ITHACA NOTES TO FINANCIAL STATEMENTS For the Fiscal Year Ended December 31, 1992 I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements of the Town of Ithaca have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to government units. The Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. The more significant of the government's accounting policies are described below. A. FINANCIAL REPORTING ENTITY The Town of Ithaca, which was established in 1821, is governed by Town Law and other general laws of the State of New York and various local laws. The Town Board is the legislative body responsible for overall operations, the Town Supervisor serves as Chief Executive Officer and Chief Fiscal Officer. 1. Excluded from the Reporting Entity Although the following organizations, functions or activities are related to the Town of Ithaca, they are not included in the Town of Ithaca reporting entity. The following are activities undertaken jointly with other municipalities and are excluded from the financial statements. See Note V for additional disclosure regarding joint ventures. Southern Cayuga Lake Intermunicipal Water Commission, with the Towns of Lansing, and Dryden; and the Villages of Lansing, and Cayuga Heights. Ithaca Area Wastewater Treatment Plant, with the Town of Dryden and City 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 acccounted for within a separate set of self -balancing accounts that comprise its assets, liabilities, fund balance/retained earnings, revenues and expenditures - expenses which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. The various funds are summarized by type in the financial statements. (Certain funds of the Town are utilized to account for resources derived from, and/or expenditures applicable to an area less than the entire Town.) The following fund types and account groups are used: TOWN OF ITHACA PAGE 2 1. Fund Cateqories a. Governmental Funds * General Fund - to account for revenues (ie., general tax and other from State, Federal, and local sources) which are not required by law or other provision to be accounted for in other funds and which finance the basic governmental functions provided by the Town. * General Fund Town Outside Village - used to record transactions which are required to be a charge on the area of the Town outside the Village. * Highway Fund - used to account for revenues and expenditures for parttown highway purposes. * Special Revenue Funds - utilized to account for revenues derived from special sources which are required by law or regulation to be accounted for in separate funds. Special Revenue Funds include the following: Fire Protection Fund - used to record transactions involving the Town Fire Protection District and the contracts for fire protection with City of Ithaca and Village of Cayuga Heights. Lighting District Fund - used to record operation and maintenance transactions. Revenues derived from special district assessments. Water Fund - established by law to account for revenues derived from charges for water consumption, and benefitted assessments, and the application of such revenues toward related operating expenses and debt retirement. Sewer Fund - established by law to account for revenues derived from sewer rents, and benefitted assessments, and used for related operating expenses and debt retirement. * Capital Proiects Fund - used to account for capital improvements financed from current monies transferred from other funds, Federal and State grants, and proceeds of obligations. * Debt Service Fund - used to account for interest earned on proceeds of borrowings for water and sewer capital projects. Interest earned is transferred to the debt service fund from the capital projects fund, and then to the operating funds for payment of principal and interest. b. Fiduciary Funds * Trust and Agency Fund - used to account for funds held in trust for subsequent distributions, transmittal or release to other governments, individuals, or to other funds. TOWN OF ITHACA PAGE 3 C. Account Groups * General Fixed Assets - used to account for land, buildings, improvements other than buildings, and equipment utilized for general government purposes. * General Lona -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 maintained its records on the double -entry basis of accounting prescribed by the State Comptroller, as set forth in the Uniform System of Accounts for Towns. Town funds are accounted for on the modified accrual basis, which is summarized as follows: a. Revenues - recognized when received, except real property taxes which are recognized when earned. Revenues are also accrued at year- end. b. Expenditures - recognized when paid, except at year-end when expenditures are accrued. C. The encumbrance method of accounting is used in the Townwide, Parttown, Highway, Water, Sewer, and Capital Projects funds. d. Accrual of water and sewer rents is done throughout the year. Expenditures are accrued at year-end. e. Account Groups - General fixed assets are recorded at actual or estimated cost or, in the case of gifts and contributions, at the fair market value at the time received. No provision for depreciation is made. General long-term debt liabilities are recorded at the par value of the principal amount, no liability is recorded for interest payable to maturity. Also included in General long-term debt is the principal amount of the amortized "catch-up" retirement payment from fiscal years 1988 and 1989, which is reduced annually for 1990 and the fourteen succeeding years by the amortized amount payable on December 15 of that year. The dollar value of earned unused employee vacation time from the previous year is also recorded in GLTDAG as a liability. f. General Fund received surplus revenues in several areas for 1993. Mortgage Tax - Surplus of $77,224 or 440 over budget. This is due to a large number of home owners re -financing their mortgages. Non - Property Tax - Surplus of $627,094 or 100% over budget.. In 1993 the Town of Ithaca began accruing the fourth quarter sales tax. This was a one- time "windfall" revenue. These surplus funds were placed in reserve. Interest & earnings - surplus of $14,124 or 140% due to interest earned on other surplus revenues. TOWN OF ITHACA D. PROPERTY TAXES PAGE 4 Real property taxes are levied as of January 1st, and become a lien on that date. Property owners can elect to pay their taxes using one of two options. Taxpayers may elect to pay their bill in two installments equal to 1/2 the total bill, plus a 2.5% processing fee. If the installment option is selected, the first payment is due between January 1 and January 15, without penalty, or between January 16 and January 20, with 1% interest on 1st installment amount only (election to pay in installments ceases January 20). The second installment is due on or before July 1, payable to the County Division of Budget & Finance. Taxpayers may elect to pay their tax bill in full. Using this method, taxes are collected during the period January 1, to January 31, at face value and from February 1, to May 31, with interest added. The Town Receiver of Taxes collects all real estate taxes for Town and County purposes. The Town Receiver distributes the collected tax money to the Town Supervisor prior to distributing the balance collected to the County on June 1. The Town thereby is assured of 100% tax collection. Responsibility for the collection of unpaid taxes rests with the County. Uncollected tax liens are sold annually by the County. E. BUDGETARY`DATA 1. Budget Policies - The budget policies are as follows: a. No later than October 5th the budget officer submits a tentative budget to the Town Board for the fiscal year commencing the following January 1. The tentative budget includes proposed expenditures and the proposed means of financing for all funds. b. After public hearings are conducted to obtain taxpayer comments, no later than November 20th, the Town Board adopts the budget. c. All modifications of the budget must be approved by the Town Board. However, the Town Supervisor is authorized to transfer certain budgeted amounts within departments. 2. Encumbrances Encumbrance accounting, under which purchase orders, contracts, and other commitments for the expenditure of monies are recorded for budgetary control purposes to reserve that portion of the applicable appropriations, is employed in all funds. Encumbrances are reported as reservations of fund balances since they do not constitute expenditures or liabilities. Expenditures for such commitments are recorded in the period in which the liability is incurred. TOWN OF ITHACA 3. Budget Basis of Accounting PAGE 5 The budget is adopted annually on a basis consistent with generally accepted accounting principles. Appropriations authorized for the current year are increased by the amount of encumbrances carried forward from the prior year. F. PROPERTY, PLANT AND EQUIPMENT - GENERAL Fixed assets purchased for general governmental purposes are recorded as expenditures in the governmental funds and are capitalized at costs (or at estimated historical costs) in the General Fixed Assets Account Group. Contributed fixed assets are recorded at fair market value at the date received. Fixed assets consisting of certain infrastructure type improvements other than buildings, including road, bridges, curbs and gutters, streets and sidewalks, drainage, water and sewer lines, and lighting systems have not been capitalized. Such assets normally are immovable and of value only to the Town. Therefore, the purposes of stewardship for capital expenditures can be satisfied with recording these assets. No depreciation has been provided on general fixed assets nor has interest on general fixed assets construction in progress been capitalize. G. INSURANCE The Town of Ithaca assumes the liability for most risk including, but not limited to, property damage and personal injury liability. Judgments and claims are recorded when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimated. Unemployment Insurance - as of January 1, 1978, Town employees were covered by unemployment insurance. The Town has chosen to discharge its liability to the New York State Unemployment Insurance Fund by means of the benefit reimbursement method. This is a dollar -for - dollar reimbursement to the Unemployment Insurance Fund for the benefits paid to former employees and charged to the Town's account. The Town is exempt from federal unemployment insurance tax. E. VACATION The Town of Ithaca employees are granted vacation in varying amounts. In the event of termination an employee is entitled to payment for accumulated vacation at various rates, subject to certain maximum limitations. The value of unused employee vacation balances at year-end has been recorded in the general long-term debt account group. TOWN OF ITHACA PAGE 6 Payment of vacation recorded in the general long-term debt account group is dependent upon many factors, therefore timing of future payments is not readily determinable. However, management -believes that sufficient resources will be made available for the payments of vacation when such payment becomes due. F. POST-RETIREMENT BENEFITS In addition to providing pension benefits, the Town of Ithaca provides health coverage for retired employees and dependent survivors. Substantially all of the Town's employees may become eligible for these benefits if they reach normal retirement age while working for the Town. Health care benefits are provided through an insurance company. The Town recognizes the cost of providing benefits by recording its share of insurance premiums as an expenditure in the year paid. During 1993 $8,906.76 was paid from the General Townwide Fund on behalf of 4 retirees and $2,165.16 was paid from the General Outside Village Fund on behalf of 1 retiree and $15,699.12 was paid from the Highway Fund on behalf of 8 retirees. II. DETAIL NOTES ON ALL FUNDS AND ACCOUNT GROUPS A. ASSETS 1. Cash and Investments The Town of Ithaca investment policies are governed by State statutes. In addition, the Town of Ithaca has its own written investment policy. Town monies must be deposited in FDIC -insured commercial banks or trust companies located within the state. The Town Supervisor is authorized to use demand accounts and certificates of deposit. Permissible investments include obligations of the U.S. Treasury and U.S. agencies, repurchase agreements, and obligations of New York State or its localities. Collateral is required for demand deposits and certificates of deposit at 105 percent of all deposits not covered by federal deposit insurance. Obligations that may be pledged as collateral are obligations of the United States and its agencies and obligations of the state and its municipalities and school districts. Deposits and investments at year-end were entirely covered by federal depository insurance or by collateral held by the Town's custodial bank in the Town's name. They consisted of: Deposits. All deposits including certificates of deposit are carried at cost or cost plus accrued interest. TOWN OF ITHACA ACCOUNT NAME General Town Wide-ck General Outside Village-ck Highway- ck Water & Sewer-ck Lighting-ck Fire Protection-ck Capital Projects-ck Trust & Agency-ck General -Super 7-sav PAGE 7 12/31/93 ACCT. # BANK SECURITY BALANCE 01-201-002604 $ 4,167 F 01-101-056567 10,431 F 02-201-002604 6,932 F 04-201-002604 264,626 F & C 05-101-056567 41 F 02-101-056567 33 F 10-201-056567 105 F 05-201-002604 15,951 F 12-201-002604 1,845,637 F & C F = FDIC INSURED C = COLLATERAL HELD BY TOWN'S CUSTODIAL BANK Investments. Investments are stated at par value and market value and are held by the Town's third party custodial bank. GOVERNMENT BONDS $1,000,000 Federal Home Loan Banks rate 4.540, maturity 6/21/96, market value 1,000,000. $1,000,000 US Treasury Notes, rate 7.625%, maturity 05/31/96, market value $1,073,750. MUNICIPAL BONDS $225,000 Alfred Almond N.Y. Central School Dist., rate 6.05%, maturity 6/15/2000, market value $249,658. $240,000 Hamburg, N.Y. Central School Dist., rate 6.10%, maturity 5/15/02, market value $270,088.80. $250,000 Pine Bush N.Y. Central School Dist., rate 5.95%, maturity 6/15/99, market value $274,318. $225,000 Red Creek N.Y. Central School Dist., rate 5.875%, maturity 6/15/99, market value $246,064. $275,000, Brunswick N.Y. Central School Dist., rate 5.875%, maturity 06/15/99, market value $300,745 $475,000 Camden N.Y. Central School Dist., rate 5.875% maturity 06/15/01, market value $525,464 $300,000 Camden N.Y. Central School Dist., 5.875%, maturity 06/15/02, market value 333,192 $200,000 Ithaca Town N.Y. Public Improvement Bond, rate 6.625% maturity 07/15/97, market value 218,886 $200,000 Ithaca Town N.Y. Public Improvement Bond, rate 6.625% maturity 07/15/98 market value 222,466 TOWN OF ITHACA PAGE 8 Repurchase Agreement: With Tompkins County Trust Company, rate 2.90% for 60 days, $800,000 par value in the following denominations: 800,000 U.S.T. Notes, due 05/31/96, rate 7.625%; 2. Chances in General Fixed Assets: Type Balance Additions Deletions Balance 12/31/92 12/31/93 K101 Land 32,842 38,800 -0- 71,642 K102 Build 389,484 -0- -0- 389,484 K104 Equip 1,284,807 142,507 32,449 1,394,865 TOTALS 1,707,133 181,307 32,449 1,855,991 B. LIABILITIES 1. Pension Plans The Town of Ithaca participates in the New York State and Local Employees' Retirement System. This is a cost sharing multiple public employer retirement system. Obligations of employees to contribute and benefits to employees are governed by the New York State Retirement and Social Security Law (NYSRSSL). The System offers a wide range of plans and benefits which are related to years of service, final average salary, vesting of retirement benefits, death and disability benefits and optional methods of benefit payments. All benefits generally vest after ten years of credited service. The NYSRSSL provides that all participants in the system are jointly and severally liable for any actuarial unfunded amounts. Such amounts are collected through annual billings to all participating employers. Generally, all employees, except certain part-time and temporary employees, participate in the System. The System is noncontributory for employees who joined the Employees' Retirement System prior to July 27, 1976. All others contribute 30 of their gross salary. Employee contributions are deducted by employers from employees' paychecks and are sent to the Employees's Retirement System. All Town of Ithaca employees are eligible for membership in the System. All employees employed in a full-time, regular position and who commenced employment after June 30, 1976 are mandatory members. Payments due the System through 1988: The System billed all participating employers by May 31 each year. Billings were based on salaries paid during the System's fiscal year which ended on March 31 of the previous calendar year, and in accordance with funding requirements determined by the System's actuary. Employers were required to remit payment in full by June 30. Since 1989, and future years, the System's billings have been based on Chapter 62 of the Laws of 1989 of the State of New York. TOWN OF ITHACA PAGE 9 This legislation required participating employers to make payments on a current basis, while amortizing existing unpaid amounts relating to the System's fiscal years ending March 31, 1988 and 1989 (which otherwise wereto have been paid on June 30, 1989 and 1990, respectively) over a 17 - year period, with an 8.75% interest factor added. The payment covering the System's fiscal year ending March 31, 1990 and the first amortization installment were paid December 15, 1989, keeping December 15th as the payment date for amounts due for each succeeding year's liability and portion of the amortized amount. Any under or over payment of the projected estimate paid for the System's fiscal year ending March 31, 1990 will be included in the succeeding December 15 payment. The actuarial cost method used by the System to determine the annual contributions from employees through March 31, 1990 was the aggregate cost method. Under this method the excess of the actuarial liabilities over the actuarial assets was funded by employees as a level percentage of salary over the current members' future working lifetimes. Effective April 1, 1990, the State legislature amended the Retirement and Social Security Law by enacting Chapter 210 Laws of 1990 which mandated a change to a different actuarial funding method for the System. The Systems changed from the aggregate cost funding method to a modified projected unit credit funding method. This new method utilized a rolling amortization period for differences between actuarial assets and actuarial accrue liabilities, of which approximately 17% of such differences were recognized each year in determining the funding amount. As a result of the legislated changes for the year ended March 31, 1991, EARS employer contributions were generally lower than would have been the case under the aggregate cost funding method. However, over the long-term, employer contributions are expected to be higher under the modified projected unit credit funding method than under the aggregate cost method. Further, the legislation allows the reduction of non -State annual payments for prior year employer contributions being amortized over 17 years by any yearly surplus (estimated funding credits) resulting from the rolling amortization. At .March 31, 1991, the System established a reserve for funding credits of $190 million, reducing employer contributions receivable based upon an actuarially determined estimate of 1992 employer contributions that were not received under the modified projected unit credit funding method. The prior year contributions consist of non -State employer contributions receivable for the fiscal years ended March 31, 1989 and 1988 and the State's contribution receivable for the fiscal years ended March 31, 1986 and 1985. Pursuant to Chapter 178 of the Laws of 1991 the State Legislature authorized local governments to make available a retirement incentive program with an estimated total cost of $47,336.80 for 2 Town of Ithaca employees. The cost of the program is billed and paid over five years beginning December 15, 1992 and includes interest at 8.75%. This liability is accounted for in General Long -Term Debt. TOWN OF ITHACA PAGE 10 The total pension liability for services rendered by covered employees of the Town of Ithaca during the current fiscal year includes the employers' share of GTLI plus payment for the tier changes of 2 employees amounting to $12,245. An amount of $24,168, was paid by employees as a current contribution. Payments representing 1.41% and 2.78%, respectively, of the covered salaries paid. The total unpaid liability at the end of the fiscal year was $57,136 and is reported in the General Long -Term Debt Account Group. The Pension Benefit Obligation (PBO) of credited projected benefits is a standardized disclosure measure of the actuarial present value of pension benefits, adjusted for the effects of projected salary increases estimated to be payable in the future as a result of employees' service to date. The retirement system does not make separate measurements for individual employers. The PBO of credited projected benefits at March 31, 1991 for the Employee's Retirement System determined through an actuarial valuation performed as of that date is $40.08 billion. The net assets available to pay benefits at that date is $42.91 billion. The Town's employer contribution requirement was less than 10 of total contributions required of all employers participating in this system. Historical trend information showing the progress in accumulating sufficient assets to pay benefits when due is presented in the Annual Financial Report of the System. Additional detailed information concerning the system may also be found in the Report. 2.Short-Term Debt Liabilities for bond anticipation notes (BAN'S) are generally accounted for in the capital projects fund. Principal payments on BAN'S must be made annually. State law requires that BAN'S issued for capital purposes be converted to long-term obligations within five years after the original issue date. However, BAN's issued for assessable improvement projects may be renewed for periods equivalent to the maximum life of the permanent financing, provided that stipulated annual reductions of principal are made. As of 12/31/93 the Town of Ithaca had no short-term debt. 3.Long-Term Debt a. On December 31, 1993 the total outstanding indebtedness of the Town of Ithaca aggregated $9,608,384. Of this amount, $-0- was subject to the Town's constitutional debt limit and represented 0% of its debt limit. TOWN OF ITHACA PAGE 11 b. Serial Bonds - The Town of Ithaca borrows money in order to acquire land, equipment or construct buildings and improvements. This enables the cost of these capital assets to be borne by the present and future taxpayers receiving the benefit of the capital assets. These long-term liabilities which are full faith and credit debt of the Town are recorded in the General Long -Term Debt Account Group. The provision to be made in future budgets for capital indebtedness represents the amount exclusive of interest, authorized to be collected in future years from taxpayers and others for liquidation of the long-term liabilities. C. Other Long -Term Debt - In addition to the above long-term debt the Town of Ithaca had the following noncurrent liabilities: * Due to Employee's Retirement System: Represents the concurrent portion of the liability to the state retirement system. * Installment Purchase Debt: Represents the remaining installments due on the purchase of equipment. * Compensated Absences: Represents the value of earned and unused portion of the liability for compensated absences. d. Summary Lona -Term Debt - The following is a summary of long-term liabilities outstanding at December 31, 1992 by fund type and account group: General Long -Term Liability Debt Account Group Serial Bonds $9,608,384 Installment Purchase 11,238 Unbilled Retirement 73,075 Compensated Absences 64,353 TOTAL GLTDAG $9,757,050 TOWN OF ITHACA PAGE 12 e. The following is summary of changes in long-term liabilities for the period ended December 31, 1993: f. Long -Term Debt Maturity Schedule - The following is a statement of serial bonds with corresponding maturity schedules. Payable from Original Original Interest Date of Outstg Issue Date Amount Rate (%) Final Balance Maturity WATER FUND E. State St. 1976 Water Impr. 1983 Publ Impr-W 1984 Water Impr. 1989 Publ Impr-W. 1991 Publ Impr-W. SEWER FUND 1976 Sewer Impr. 1983 Publ Impr-S. Joint Sewer 1984 Sewer Impr. 1989 Publ Impr-S. 1991 Publ Impr-S. TOTAL 02/01/54 Balance 12/31/93 Increases Decreases Balance 12/31/93 Water & Sewer 234,000 6.00% 03/01/03 67,500 Serial Bonds $10,396,191 0 787,807 9,608,384 Unbilled 550,000 6.80% 05/15/06 375,000 Retirement 89,100 15,939 31,963 73,076 Installment 2,337,000 6.625% 07/26/11 2,153,000 Purchases 21,481 0 10,243 11,238 Compensated 429,828 7.10% 06/01/98 135,660 Absences 72,488 28,912 37,048 64,352 TOTAL LONG 180,000 6.80% 05/15/06 126,000 TERM DEBT $10,579,260 44,851 867,061 9,757,050 f. Long -Term Debt Maturity Schedule - The following is a statement of serial bonds with corresponding maturity schedules. Payable from Original Original Interest Date of Outstg Issue Date Amount Rate (%) Final Balance Maturity WATER FUND E. State St. 1976 Water Impr. 1983 Publ Impr-W 1984 Water Impr. 1989 Publ Impr-W. 1991 Publ Impr-W. SEWER FUND 1976 Sewer Impr. 1983 Publ Impr-S. Joint Sewer 1984 Sewer Impr. 1989 Publ Impr-S. 1991 Publ Impr-S. TOTAL 02/01/54 150,000 2.600 02/01/94 4,500 09/01/76 234,000 6.00% 03/01/03 67,500 05/01/83 172,172 7.10% 06/01/98 54,340 05/15/86 550,000 6.80% 05/15/06 375,000 03/01/89 1,246,000 7.300 03/01/08 1,000,160 07/26/91 2,337,000 6.625% 07/26/11 2,153,000 09/01/76 1,733,000 6.00% 03/01/03 332,500 05/01/83 429,828 7.10% 06/01/98 135,660 05/15/86 2,100,000 6.80% 05/15/06 1,449,000 05/15/86 180,000 6.80% 05/15/06 126,000 03/01/89 1,334,000 7.30% 03/01/08 1,089,840 07/26/91 2,128,000 6.625% 07/26/11 1,962,000 $ 8,749,500 * Excludes SCLIWC Bond debt outstanding of $858,890 which is paid from water benefit assessments and water rents which the Town remits to SCLIWC. TOWN OF ITHACA g. The following table summarizes the Town of Ithaca's future debt service requirements as of December 31, 1993. Serial Bonds Year ending date: Principal Interest 1994 839,114 629,717 1995 844,114 563,451 1996 824,114 517,183 1997-2001 2,695,000 1,937,268 2002-2006 2,715,000 1,033,859 2007-2011 1,550,000 270,338 C. INTERFUND RECEIVABLES AND PAYABLES Interfund receivables and payables at 12/31/93 were as follows. Receivable Payable General Townwide 275 General Outside Village 1,914 Trust and Agency 2,189 Totals 2,189 2,189 D. FUND EQUITY PAGE 13 1. Reserves The Highway fund equity includes reserve funds established for highway machinery. The balance at the end of 1993 was $54,051 This reserve fund was established by the Board resolution on November 9, 1984, and any unexpended appropriation for machinery at year end is to be transferred to the reserve fund. The reserve fund was increased by $587.80 interest earned and $33,835 unexpended machinery appropriations for 1993. 2. Fund Equity The General Townwide Fund equity includes reserve funds established for buildings. This reserve fund was established by Board resolution on September 13, 1993 and will be funded from surplus funds. The balance at the end of 1993 was 627,094 which consisted of 250,000 surplus funds transferred per Town Board resolution of 12/30/93 and 377,094 in surplus county sales tax. E. LEASE COMMITMENTS AND LEASED ASSETS The Town of Ithaca leases computer and fax equipment under installment purchase lease agreements. Total expenditures on such leases for the fiscal year ended December 31, 1993, were approximately $10,018 plus interest. All installment purchase agreements contain "Non -appropriation" clauses, so there is no future non -cancelable lease commitment. TOWN OF ITHACA PAGE 14 III. 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, along with the Towns of Lansing and Dryden, and the Villages of Lansing and Cayuga Heights. The Supervisor of the Town of Ithaca serves as Treasurer for the Water Commission; however, the Commission operates as a separate entity and submits a joint activity annual report under separate cover. The joint activity serial bonds shown on the Statement of Indebtedness, p. 112, is the Town of Ithaca's portion of the joint indebtedness of the Water Commission and is in actuality a contingent liability. 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 also a participant in the joint sewer activity known as the Ithaca Area Wastewater Treatment Plant. The other participants are the Town of Dryden and the City of Ithaca. The City of Ithaca has custody of the joint activity money. Construction of the treatment plant began in the Spring of 1984. It is expected that 12-1/20 of the cost will be borne by the participants, the balance being federally and state aided. Capital cost allocated to the Town of Ithaca will be 41.5740 of the total. BARNEY. GROSSMAN. ROTH & DUBOW ATTORNEYS AT LAW (c(aFly 315 NORTH TIOGA STREET _ JOHN C. BARNEY PETER G. GROSSMAN NELSON E. ROTH DAVID A. DUBOW RANDALL B. MARCUS HUGH C. KENT I MARY K. FLECK Ciaschi, Dieters -Hagen,. Little and Mickelson Terrace Hill Ithaca, New York 14850 Dear Sirs and Ladies: P.O. BOX 6556 ITHACA, NEW YORK 14851-6556 (607) 273-6841 May 5, 1993 Re: Town of Ithaca FACSIMILE (607) 272-8806 (NOT FOR SERVICE OF PAPERS) In response to the request of Mrs. Shirley Raffensperger, Town Supervisor of the Town of Ithaca, we wish to advise you as follows: 1. We are representing the Town of Ithaca in several litigated matters. The matters include the following: (a) Village of Cayuga' Heights. The Town is the plaintiff in an action against the Village of Cayuga Heights seeking to enforce a contract to provide sewer processing for sewage from the northeast section of the Town. The Town is prosecuting this action vigorously. If the Town wins it will mean that the Village of Cayuga Heights will have to process all sewage from any new construction in the former northeast sewer district in the Town of Ithaca. If the Town loses we do not anticipate that there will be any monetary impact on the Town itself although it will have an impact on the ability of people to obtain sewage treatment for any new construction in the portion of the Town served by the Cayuga Heights Sewage Treatment Plant. We have entered into serious settlement negotiations whereby a certain number of sewer units will be available to the Town. We are optimistic that those. settlement negotiations will be concluded within the next couple of weeks. (b) Prudence matter. The Town Board of Zoning Appeals is a defendant in an action brought by Frank Prudence pursuant to CPLR Article 78 claiming the Board improperly denied a requested interpretation of the Zoning Ordinance. The matter is being defended vigorously by the Town. Even if the Town were to lose, however, there does not appear to be any significant monetary impact. The result, if there was a loss, would be to permit certain activities N May 5, 1993 Page 2 in Mr. Prudence's buildings that the Town believes the Zoning Ordinance does not permit. (c) Baldassare matter. The Town Planning Board is a defendant in an action brought by Mr. Baldassare claiming the Planning Board improperly refused to favorably recommend the granting of a special approval by the Board of Zoning Appeals for the institution of a chicken carry -out facility on Elmira Road. Again, this matter is being contested vigorously by the Town. Again, it is not anticipated that the results of this case will have any significant monetary impact on the Town, win or lose. (d) Zoning enforcement matters. In addition to the items mentioned above the Town is either involved in or contemplating becoming involved in actions against several property owners in the Town for violations of either the Zoning Ordinance, the Unsafe Buildings Law, or the Town's junk ordinance. None of these cases would appear to create monetary liabilities on the part of the Town other than for the cost of pursuing them. (e) Personal injury actions. Claims have been made against the Town for personal injuries in one or two cases. In each instance, however, the claim appears to be covered by insurance for the Town and it is not anticipated that there will be any monetary loss to the Town. 2. We confirm Mrs. Raffensperger's understanding regarding disclosure pursuant to the Statements of Financial Accounting Standards No. 5. 3. As of December 31, 1992 the fees and disbursements that were due our law firm were $21,485.25. This amount was billed to the Town in January of 1993 and paid by the Town. If there is any further information that you need please do not hesitate to get in touch with me. Yours very truly, JCB:bc xc: Honorable Shirley Raffensperger / Ms. Sally Alario BARNEY. GROSSMAN, ROTH & DUBOW Ciaschi, Dieters -Hagen; Little & Mickelson Terrace Hill Ithaca, New York 14850 FACSIMILE_ (607) 272.8806 (NOT FOR SERVICE OF PAPERS) Re: Southern Cayuga Lake Intermunicipal Water Commission Dear Sirs and Ladies: This letter is forwarded to you at the request of Mrs. Shirley Raffensperger, Treasurer of the Southern Cayuga Lake Intermunicipal Water Commission. We are aware of two matters in litigation, one which relates to a claim for water damage in the Village of Lansing and the other relates to a claim for personal injuries of a party falling into a water control pit. In each instance the claim is being handled by attorneys for the Commission's insurance carrier. We do not anticipate any liability to the Commission resulting from either claim. Aside from the two claims mentioned above, we are not aware of any other claim, judgment, or contract which may be in dispute. As of December 31, 1992, the fees and disbursements that were due our law firm were $464.00. This amount was billed to Southern Cayuga Lake Intermunicipal Water Commission in January of 1993 and paid by the Commission. If there is anything further that you need please don't hesitate to let us know. Very truly yours, JCB:bc cc: Honorable Shirley Raffensperger Mr. Kevin Kauffman ATTORNEYS AT LAW 315 NORTH TIOGA STREET P.O. BOX 6556 JOHN C. BARNEY ITHACA. NEW YORK 14851-6556 PETER G. GROSSMAN NELHON E Rona (607) 273-6841 D AVID A. Dueow RANDALL B. MARCUS May S, 1993 HUGH C. KENT MARY K. FLECK Ciaschi, Dieters -Hagen; Little & Mickelson Terrace Hill Ithaca, New York 14850 FACSIMILE_ (607) 272.8806 (NOT FOR SERVICE OF PAPERS) Re: Southern Cayuga Lake Intermunicipal Water Commission Dear Sirs and Ladies: This letter is forwarded to you at the request of Mrs. Shirley Raffensperger, Treasurer of the Southern Cayuga Lake Intermunicipal Water Commission. We are aware of two matters in litigation, one which relates to a claim for water damage in the Village of Lansing and the other relates to a claim for personal injuries of a party falling into a water control pit. In each instance the claim is being handled by attorneys for the Commission's insurance carrier. We do not anticipate any liability to the Commission resulting from either claim. Aside from the two claims mentioned above, we are not aware of any other claim, judgment, or contract which may be in dispute. As of December 31, 1992, the fees and disbursements that were due our law firm were $464.00. This amount was billed to Southern Cayuga Lake Intermunicipal Water Commission in January of 1993 and paid by the Commission. If there is anything further that you need please don't hesitate to let us know. Very truly yours, JCB:bc cc: Honorable Shirley Raffensperger Mr. Kevin Kauffman