HomeMy WebLinkAbout2020 Annual Report submitted to NYS ComptrollerAll Numbers in This Report
Have Been Rounded To
The Nearest Dollar
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ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL LAW:
1. ***Every Municipal Corporation *** shall annually make a report of its
financial condition to the Comptroller. Such report shall be made by the
Chief Fiscal Officer of such Municipal Corporation ***
5. All reports shall be certified by the officer making the same and shall
be filed with the Comptroller *** It shall be the duty of the incumbent
officer at the time such reports are required to be filed with the
Comptroller to file such report ***
AUTHORIZATION
ANNUAL FINANCIAL REPORT
For The
TOWN of Ithaca
County of Tompkins
UPDATE DOCUMENT
For the Fiscal Year Ended 12/31/2020
State of NEW YORK
Office of The State Comptroller
Division of Local Government and School Accountability
Albany, New York 12236
Page 1
TOWN OF Ithaca
Financial Information for the following funds and account groups are included in the Annual Financial Report filed by
your government for the fiscal year ended 2019 and has been used by the OSC as the basis for preparing this
update document for the fiscal year ended 2020:
*** FINANCIAL SECTION ***
(A) GENERAL
(B) GENERAL TOWN-OUTSIDE VG
(DA) HIGHWAY-TOWN-WIDE
(DB) HIGHWAY-PART-TOWN
(ES) ENTERPRISE SEWER
(EW) ENTERPRISE WATER
(H) CAPITAL PROJECTS
(K) GENERAL FIXED ASSETS
(SF) FIRE PROTECTION
(SL) LIGHTING
(TA) AGENCY
(TC) CUSTODIAL
(V) DEBT SERVICE
(W) GENERAL LONG-TERM DEBT
All amounts included in this update document for 2019 represent data filed by your government with
OSC as reviewed and adjusted where necessary.
*** SUPPLEMENTAL SECTION ***
The Supplemental Section includes the following sections:
1) Statement of Indebtedness
2) Schedule of Time Deposits and Investments
3) Bank Reconciliation
4) Local Government Questionnaire
5) Schedule of Employee and Retiree Benefits
All numbers in this report will be rounded to the nearest dollar.
6) Schedule of Energy Costs and Consumption
Page 2
Code Description 2019 EdpCode 2020
(A) GENERAL
Balance Sheet
Assets
Cash 2,079,654 A200 2,869,488
Cash In Time Deposits 1,118,705 A201 660,000
Petty Cash 700 A210 700
TOTAL Cash 3,199,059 3,530,188
Accounts Receivable A380 7,612
Accrued Interest Receivable 1,739 A381 7,396
TOTAL Other Receivables (net)1,739 15,008
Due From State And Federal Government 146,434 A410 188,766
TOTAL State And Federal Aid Receivables 146,434 188,766
Due From Other Governments 93,448 A440 41,275
TOTAL Due From Other Governments 93,448 41,275
Prepaid Expenses 101,827 A480 70,585
TOTAL Prepaid Expenses 101,827 70,585
Cash Special Reserve 394,716 A230 130,148
Cash In Time Deposits Special Reserves 777,499 A231 1,045,000
TOTAL Restricted Assets 1,172,215 1,175,148
TOTAL Assets and Deferred Outflows of Resources 4,714,722 5,020,970
OSC Municipality Code 500342300000Page 3
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(A) GENERAL
2019 EdpCode 2020Code Description
Balance Sheet
A600Accounts Payable 210
TOTAL Accounts Payable 2100
A601Accrued Liabilities 559,699478,972
TOTAL Accrued Liabilities 559,699478,972
A730Guaranty & Bid Deposits 11,169
TOTAL Other Deposits 11,1690
A719Disability Insurance 194
A720Group Insurance 7,527
TOTAL Other Liabilities 7,7210
A663Due To County For Tax Levy 426,43458,078
TOTAL Due To Other Governments 426,43458,078
537,050 1,005,233TOTAL Liabilities
Deferred Inflows of Resources
A691Deferred Inflow of Resources 2,6932,602
A694Deferred Taxes 157,22216,480
TOTAL Deferred Inflows of Resources 159,91519,082
19,082 159,915TOTAL Deferred Inflows of Resources
Fund Balance
A806Not in Spendable Form 70,585101,827
TOTAL Nonspendable Fund Balance 70,585101,827
A867Reserve for Emp Benefits & Acc Liabilities 172,977
A870General Reserve 101,315140,780
A878Capital Reserve 969,047858,458
TOTAL Restricted Fund Balance 1,070,3621,172,215
A913Committed Fund Balance 159,137
TOTAL Committed Fund Balance 159,1370
A914Assigned Appropriated Fund Balance 219,417
A915Assigned Unappropriated Fund Balance 149,719150,393
TOTAL Assigned Fund Balance 149,719369,810
A917Unassigned Fund Balance 2,406,0202,514,738
TOTAL Unassigned Fund Balance 2,406,0202,514,738
4,158,590 3,855,823TOTAL Fund Balance
4,714,722 5,020,971TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 4
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(A) GENERAL
Code Description 2019 EdpCode 2020
Revenues
A1001 3,039,8772,978,179Real Property Taxes
TOTAL Real Property Taxes 2,978,179 3,039,877
A1081 57,64257,005Other Payments In Lieu of Taxes
A1090 7,05112,895Interest & Penalties On Real Prop Taxes
TOTAL Real Property Tax Items 69,900 64,693
A1255 4,6003,219Clerk Fees
A1550 450343Public Pound Charges, Dog Control Fees
A1710 2,950Public Works Charges
A2189 21,04820,127Other Home & Community Services Income
TOTAL Departmental Income 23,689 29,048
A2350 95,042106,671Youth Recreation Services, Other Govts
TOTAL Intergovernmental Charges 106,671 95,042
A2401 67,88488,123Interest And Earnings
A2440 125,46975,566Rental, Other (specify)
TOTAL Use of Money And Property 163,689 193,353
A2544 9,3719,841Dog Licenses
TOTAL Licenses And Permits 9,841 9,371
A2610 156,173237,032Fines And Forfeited Bail
TOTAL Fines And Forfeitures 237,032 156,173
A2665 3254,638Sales of Equipment
A2680 1,881446Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 5,084 2,206
A2701 1,6529Refunds of Prior Year's Expenditures
A270590,000Gifts And Donations
A2706 41,57756,104Grants From Local Governments
A275087,654AIM Related Payments
A2770 19,16315,481Unclassified (specify)
TOTAL Miscellaneous Local Sources 249,248 62,392
A2801 621,900Interfund Revenues
TOTAL Interfund Revenues 0 621,900
A3005 297,101400,947St Aid, Mortgage Tax
A3089 60,444146,434St Aid - Other (specify)
TOTAL State Aid 547,381 357,545
A4785 5,332Fed Aid, Disaster Assistance
TOTAL Federal Aid 0 5,332
TOTAL Revenues 4,390,714 4,636,932
A5031 23,750618,475Interfund Transfers
TOTAL Interfund Transfers 618,475 23,750
TOTAL Other Sources 618,475 23,750
TOTAL Detail Revenues And Other Sources 5,009,189 4,660,682
Page 5 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(A) GENERAL
Code Description 2019 EdpCode 2020
Expenditures
A10101 91,00388,350Legislative Board, Pers Serv
A10104 5,1544,906Legislative Board, Contr Expend
TOTAL Legislative Board 93,256 96,157
A11101 162,412162,143Municipal Court, Pers Serv
A11104 107,351183,843Municipal Court, Contr Expend
TOTAL Municipal Court 345,986 269,763
A12201 82,88557,396Supervisor,pers Serv
A12204 3,6244,948Supervisor,contr Expend
TOTAL Supervisor 62,344 86,509
A13204 13,49411,660Auditor, Contr Expend
TOTAL Auditor 11,660 13,494
A13301 68,86165,413Tax Collection,pers Serv
A13304 8,4227,174Tax Collection,contr Expend
TOTAL Tax Collection 72,587 77,283
A13401 158,246104,821Budget, Pers Serv
A13404 539436Budget, Contr Expend
TOTAL Budget 105,257 158,785
A14101 130,247148,327Clerk,pers Serv
A14104 5,2695,908Clerk,contr Expend
TOTAL Clerk 154,235 135,516
A14204 38,66141,160Law, Contr Expend
TOTAL Law 41,160 38,661
A14301 91,54787,234Personnel, Pers Serv
A14304 23,70126,457Personnel, Contr Expend
TOTAL Personnel 113,691 115,248
A14401 316,961226,707Engineer, Pers Serv
A14402 3,55010,491Engineer, Equip & Cap Outlay
A14404 23,91633,357Engineer, Contr Expend
TOTAL Engineer 270,555 344,427
A14604 22,75017,510Records Mgmt, Contr Expend
TOTAL Records Mgmt 17,510 22,750
A16201 23,13539,743Operation of Plant Pers Serv
A16204 92,363111,111Operation of Plant Contr Expend
TOTAL Operation of Plant Contr Expend 150,854 115,498
A16504 20,84924,054Central Comm System Contr Expend
TOTAL Central Comm System Contr Expend 24,054 20,849
A16604 4,2166,413Central Storeroom Contr Expend
TOTAL Central Storeroom Contr Expend 6,413 4,216
A16704 7,1578,495Central Print & Mail Contr Expend
TOTAL Central Print & Mail Contr Expend 8,495 7,157
A16801 87,45979,651Central Data Process Pers Serv
A168021,292Central Data Process & Cap Outlay
A16804 42,06740,925Central Data Process, Contr Expend
TOTAL Central Data Process 121,868 129,526
Page 6 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(A) GENERAL
Code Description 2019 EdpCode 2020
Expenditures
A19104 44,28937,010Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 37,010 44,289
A19204 2,5501,900Municipal Assn Dues, Contr Expend
TOTAL Municipal Assn Dues 1,900 2,550
A19504 15,59410,941Taxes & Assess On Munic Prop, Contr Expend
TOTAL Taxes & Assess On Munic Prop 10,941 15,594
TOTAL General Government Support 1,649,776 1,698,272
A33101 16,93122,618Traffic Control, Pers Serv
A33104 8,9319,557Traffic Control, Contr Expen
TOTAL Traffic Control 32,175 25,862
A35104 46,37045,334Control of Animals, Contr Expend
TOTAL Control of Animals 45,334 46,370
TOTAL Public Safety 77,509 72,232
A50101 215,526194,469Street Admin, Pers Serv
A50104 3,3076,283Street Admin, Contr Expend
TOTAL Street Admin 200,752 218,833
A51321 115,25577,377Garage, Pers Serv
A51322 2,536Garage, Equip & Cap Outlay
A51324 94,462199,573Garage, Contr Expend
TOTAL Garage 276,950 212,253
A51824 34,03433,785Street Lighting, Contr Expend
TOTAL Street Lighting 33,785 34,034
A54102 63,653Sidewalks, Equip & Cap Outlay
TOTAL Sidewalks 0 63,653
TOTAL Transportation 511,487 528,773
A71101 352,958351,182Parks, Pers Serv
A71102 85,759138,126Parks, Equip & Cap Outlay
A71104 219,731247,186Parks, Contr Expend
TOTAL Parks 736,494 658,448
A71804 2,6981,991Special Rec Facility, Contr Expend
TOTAL Special Rec Facility 1,991 2,698
A73204 196,096268,223Joint Youth Prog, Contr Expend
TOTAL Joint Youth Prog 268,223 196,096
A74104 15,00012,000Library, Contr Expend
TOTAL Library 12,000 15,000
A75101 1,0001,000Historian, Pers Serv
TOTAL Historian 1,000 1,000
A75504 2,8283,850Celebrations, Contr Expend
TOTAL Celebrations 3,850 2,828
A79892 152,957152,553Other Culture And Rec, Equip & Cap Outlay
TOTAL Other Culture And Rec 152,553 152,957
TOTAL Culture And Recreation 1,176,111 1,029,027
A80201 67,48956,888Planning, Pers Serv
Page 7 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(A) GENERAL
Code Description 2019 EdpCode 2020
Expenditures
A80204 1,7742,625Planning, Contr Expend
TOTAL Planning 59,513 69,263
A85401 45,09233,516Drainage, Pers Serv
A85402 19,94034,531Drainage, Equip & Cap Outlay
A85404 19,61913,908Drainage, Contr Expend
TOTAL Drainage 81,955 84,651
A88101 290639Cemetery, Pers Serv
A88104 5,00015,000Cemetery, Contr Expend
TOTAL Cemetery 15,639 5,290
A89894 26,00026,000Misc Home & Comm Serv, Contr Expend
TOTAL Misc Home & Comm Serv 26,000 26,000
TOTAL Home And Community Services 183,107 185,204
A90108 235,189232,043State Retirement System
A90308 140,327128,026Social Security, Employer Cont
A90408 32,79913,847Worker's Compensation, Empl Bnfts
A90458 3,5823,480Life Insurance, Empl Bnfts
A90508 1,954Unemployment Insurance, Empl Bnfts
A90558 2,4911,878Disability Insurance, Empl Bnfts
A90608 446,353554,523Hospital & Medical (dental) Ins, Empl Bnft
A90898 30,81315,056Other Employee Benefits (spec)
TOTAL Employee Benefits 948,853 893,508
TOTAL Expenditures 4,546,843 4,407,016
A99019 123,645126,240Transfers, Other Funds
A99509 432,788100,000Transfers, Capital Projects Fund
TOTAL Operating Transfers 226,240 556,433
TOTAL Other Uses 226,240 556,433
TOTAL Detail Expenditures And Other Uses 4,773,083 4,963,449
Page 8 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(A) GENERAL
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 3,922,484 A8021 4,158,590
Restated Fund Balance - Beg of Year 3,922,484 A8022 4,158,590
ADD - REVENUES AND OTHER SOURCES 5,009,189 4,660,682
DEDUCT - EXPENDITURES AND OTHER USES 4,773,083 4,963,449
Fund Balance - End of Year 4,158,590 A8029 3,855,823
Page 9 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(A) GENERAL
Budget Summary
EdpCode 20212020
Estimated Revenues
Est Rev - Real Property Taxes 3,036,000 A1049N 4,000,000
Est Rev - Real Property Tax Items 59,000 A1099N 61,500
Est Rev - Non Property Tax Items 750,000 A1199N 1,750,000
Est Rev - Departmental Income 22,750 A1299N 27,750
Est Rev - Intergovernmental Charges 105,980 A2399N 97,098
Est Rev - Use of Money And Property 170,800 A2499N 167,620
Est Rev - Licenses And Permits 10,000 A2599N 10,000
Est Rev - Fines And Forfeitures 225,000 A2649N 225,000
Est Rev - Miscellaneous Local Sources 50,000 A2799N 124,100
Est Rev - State Aid 250,000 A3099N 250,000
4,679,530 6,713,068TOTAL Estimated Revenues
Estimated - Interfund Transfer 636,900 A5031N 662,457
Estimated - Proceeds of Obligations 1,400,000 A5799N
Appropriated Fund Balance 219,417 A599N
2,256,317 662,457TOTAL Estimated Other Sources
6,935,847 7,375,525TOTAL Estimated Revenues And Other Sources
OSC Municipality Code 500342300000Page 10
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(A) GENERAL
Budget Summary
EdpCode 20212020
Appropriations
App - General Government Support 2,055,570 A1999N 2,030,605
App - Public Safety 92,234 A3999N 85,384
App - Health 17,000 A4999N 35,500
App - Transportation 2,017,000 A5999N 610,700
App - Culture And Recreation 1,377,448 A7999N 1,326,431
App - Home And Community Services 235,950 A8999N 468,800
App - Employee Benefits 1,014,500 A9199N 1,020,000
Unappropriated Revenues A990N 1,415,062
6,809,702 6,992,482TOTAL Appropriations
App - Interfund Transfer 126,145 A9999N 383,043
126,145 383,043TOTAL Other Uses
6,935,847 7,375,525TOTAL Appropriations And Other Uses
OSC Municipality Code 500342300000Page 11
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(B) GENERAL TOWN-OUTSIDE VG
Balance Sheet
Assets
Cash 1,142,215 B200 1,042,322
Cash In Time Deposits 508,502 B201 1,000,000
TOTAL Cash 1,650,717 2,042,322
Accounts Receivable 20,000 B380
Accrued Interest Receivable 531 B381 4,672
TOTAL Other Receivables (net)20,531 4,672
Due From State And Federal Government 48,605 B410 16,918
TOTAL State And Federal Aid Receivables 48,605 16,918
Due From Other Governments 259,045 B440 175,987
TOTAL Due From Other Governments 259,045 175,987
Prepaid Expenses 47,871 B480 31,527
TOTAL Prepaid Expenses 47,871 31,527
Cash Special Reserve 96 B230
Cash In Time Deposits Special Reserves 70,580 B231 77,000
TOTAL Restricted Assets 70,676 77,000
TOTAL Assets and Deferred Outflows of Resources 2,097,445 2,348,426
OSC Municipality Code 500342300000Page 12
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(B) GENERAL TOWN-OUTSIDE VG
2019 EdpCode 2020Code Description
Balance Sheet
B601Accrued Liabilities 225,099230,683
TOTAL Accrued Liabilities 225,099230,683
230,683 225,099TOTAL Liabilities
Fund Balance
B806Not in Spendable Form 31,52747,871
TOTAL Nonspendable Fund Balance 31,52747,871
B867Reserve for Emp Benefits & Acc Liabilities 70,676
TOTAL Restricted Fund Balance 070,676
B913Committed Fund Balance 77,321
TOTAL Committed Fund Balance 77,3210
B914Assigned Appropriated Fund Balance 927,270250,130
B915Assigned Unappropriated Fund Balance 1,087,2091,498,085
TOTAL Assigned Fund Balance 2,014,4791,748,215
1,866,762 2,123,327TOTAL Fund Balance
2,097,445 2,348,426TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 13
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(B) GENERAL TOWN-OUTSIDE VG
Code Description 2019 EdpCode 2020
Revenues
B1120 1,514,2371,415,256Sales Tax (from County)
B1170 62,05363,825Franchises
TOTAL Non Property Tax Items 1,479,081 1,576,290
B1289 122,370250,218Other General Departmental Income
B2110 1,5001,950Zoning Fees
B2115 3,5158,875Planning Board Fees
TOTAL Departmental Income 261,043 127,385
B2401 15,96118,601Interest And Earnings
TOTAL Use of Money And Property 18,601 15,961
B2680 676Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 0 676
B2701 579Refunds of Prior Year's Expenditures
B2705 12,689Gifts And Donations
B2750 87,654AIM Related Payments
B2770 4,13138,500Unclassified (specify)
TOTAL Miscellaneous Local Sources 38,500 105,053
B3989 16,918St Aid - Other Home And Community Service
TOTAL State Aid 0 16,918
B4089 3,31165,071Federal Aid - Other
TOTAL Federal Aid 65,071 3,311
TOTAL Revenues 1,862,296 1,845,594
TOTAL Detail Revenues And Other Sources 1,862,296 1,845,594
Page 14 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(B) GENERAL TOWN-OUTSIDE VG
Code Description 2019 EdpCode 2020
Expenditures
B13204 2,6372,540Auditor, Contr Expend
TOTAL Auditor 2,540 2,637
B14204 89,86582,013Law, Contr Expend
TOTAL Law 82,013 89,865
B16504 19,48522,115Central Comm System, Contr Expend
TOTAL Central Comm System 22,115 19,485
B16704 8,46810,594Central Print & Mail, Contr Expend
TOTAL Central Print & Mail 10,594 8,468
B16804 33,66629,325Central Data Process, Contr Expend
TOTAL Central Data Process 29,325 33,666
B17104 87,700Administration-Contractual
TOTAL Administration-Contractual 0 87,700
B19104 17,53111,202Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 11,202 17,531
B19504 1,2471,168Taxes & Assess On Munic Prop, Contr Expend
TOTAL Taxes & Assess On Munic Prop 1,168 1,247
TOTAL General Government Support 158,957 260,599
B80101 481,422535,133Zoning, Pers Serv
B8010277,098Zoning, Equip & Cap Outlay
B80104 20,36631,817Zoning, Contr Expend
TOTAL Zoning 644,048 501,788
B80201 373,188373,446Planning, Pers Serv
B80204 58,18998,579Planning, Contr Expend
TOTAL Planning 472,025 431,377
TOTAL Home And Community Services 1,116,073 933,165
B90108 117,942115,302State Retirement, Empl Bnfts
B90308 62,30366,810Social Security , Empl Bnfts
B90408 18,60910,597Worker's Compensation, Empl Bnfts
B90458 1,7551,833Life Insurance, Empl Bnfts
B90508 54Unemployment Insurance, Empl Bnfts
B90558 1,217995Disability Insurance, Empl Bnfts
B90608 188,635149,820Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits 345,357 390,515
TOTAL Expenditures 1,620,387 1,584,279
B99019 4,75087,915Transfers, Other Funds
TOTAL Operating Transfers 87,915 4,750
TOTAL Other Uses 87,915 4,750
TOTAL Detail Expenditures And Other Uses 1,708,302 1,589,029
Page 15 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(B) GENERAL TOWN-OUTSIDE VG
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 1,712,768 B8021 1,866,762
Restated Fund Balance - Beg of Year 1,712,768 B8022 1,866,762
ADD - REVENUES AND OTHER SOURCES 1,862,296 1,845,594
DEDUCT - EXPENDITURES AND OTHER USES 1,708,302 1,589,029
Fund Balance - End of Year 1,866,762 B8029 2,123,327
Page 16 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(B) GENERAL TOWN-OUTSIDE VG
Budget Summary
EdpCode 20212020
Estimated Revenues
Est Rev - Non Property Tax Items 1,265,000 B1199N 812,500
Est Rev - Departmental Income 213,000 B1299N 249,000
Est Rev - Use of Money And Property 20,000 B2499N 15,000
Est Rev - State Aid 87,650 B3099N
1,585,650 1,076,500TOTAL Estimated Revenues
Appropriated Fund Balance 250,130 B599N 927,270
250,130 927,270TOTAL Estimated Other Sources
1,835,780 2,003,770TOTAL Estimated Revenues And Other Sources
OSC Municipality Code 500342300000Page 17
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(B) GENERAL TOWN-OUTSIDE VG
Budget Summary
EdpCode 20212020
Appropriations
App - General Government Support 181,380 B1999N 323,845
App - Home And Community Services 1,127,900 B8999N 1,157,000
App - Employee Benefits 436,300 B9199N 427,800
1,745,580 1,908,645TOTAL Appropriations
App - Interfund Transfer 90,200 B9999N 95,125
90,200 95,125TOTAL Other Uses
1,835,780 2,003,770TOTAL Appropriations And Other Uses
OSC Municipality Code 500342300000Page 18
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(DA) HIGHWAY-TOWN-WIDE
Balance Sheet
Assets
Cash 439,642 DA200 392,400
Cash In Time Deposits DA201 300,000
TOTAL Cash 439,642 692,400
Accrued Interest Receivable DA381 1,301
TOTAL Other Receivables (net)0 1,301
Prepaid Expenses 13,717 DA480 8,631
TOTAL Prepaid Expenses 13,717 8,631
TOTAL Assets and Deferred Outflows of Resources 453,359 702,332
OSC Municipality Code 500342300000Page 19
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(DA) HIGHWAY-TOWN-WIDE
2019 EdpCode 2020Code Description
Balance Sheet
DA601Accrued Liabilities 18,37111,017
TOTAL Accrued Liabilities 18,37111,017
11,017 18,371TOTAL Liabilities
Deferred Inflows of Resources
DA694Deferred Taxes 31,4444,343
TOTAL Deferred Inflows of Resources 31,4444,343
4,343 31,444TOTAL Deferred Inflows of Resources
Fund Balance
DA806Not in Spendable Form 8,63113,717
TOTAL Nonspendable Fund Balance 8,63113,717
DA914Assigned Appropriated Fund Balance 204,178
DA915Assigned Unappropriated Fund Balance 439,708424,282
TOTAL Assigned Fund Balance 643,886424,282
437,999 652,517TOTAL Fund Balance
453,359 702,332TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 20
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(DA) HIGHWAY-TOWN-WIDE
Code Description 2019 EdpCode 2020
Revenues
DA1001 800,000800,000Real Property Taxes
TOTAL Real Property Taxes 800,000 800,000
DA1081 5,5473,046Other Payments In Lieu of Taxes
TOTAL Real Property Tax Items 3,046 5,547
DA2302 20,94320,772Snow Removal Services-Other Govts
TOTAL Intergovernmental Charges 20,772 20,943
DA2401 5,4855,584Interest And Earnings
TOTAL Use of Money And Property 5,584 5,485
DA2680 282Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 0 282
DA27014Refunds of Prior Year's Expenditures
TOTAL Miscellaneous Local Sources 4 0
TOTAL Revenues 829,406 832,257
TOTAL Detail Revenues And Other Sources 829,406 832,257
Page 21 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(DA) HIGHWAY-TOWN-WIDE
Code Description 2019 EdpCode 2020
Expenditures
DA17104 27,124600Administration-Contractual
TOTAL Administration-Contractual 600 27,124
DA19104 13,5579,796Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 9,796 13,557
TOTAL General Government Support 10,396 40,681
DA51301 4567,084Machinery, Pers Serv
DA51304 6,76611,550Machinery, Contr Expend
TOTAL Machinery 18,634 7,222
DA51421 185,683211,897Snow Removal, Pers Serv
DA51424 262,515261,117Snow Removal, Contr Expend
TOTAL Snow Removal 473,014 448,198
TOTAL Transportation 491,648 455,420
DA90108 32,46426,460State Retirement, Empl Bnfts
DA90308 10,39114,257Social Security , Empl Bnfts
DA90408 7,1463,933Worker's Compensation, Empl Bnfts
DA90458 523482Life Insurance, Empl Bnfts
DA90558 317261Disability Insurance, Empl Bnfts
DA90608 66,04759,180Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits 104,573 116,888
TOTAL Expenditures 606,617 612,989
DA99019 4,75027,915Transfers, Other Funds
TOTAL Operating Transfers 27,915 4,750
TOTAL Other Uses 27,915 4,750
TOTAL Detail Expenditures And Other Uses 634,532 617,739
Page 22 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(DA) HIGHWAY-TOWN-WIDE
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 243,125 DA8021 437,999
Restated Fund Balance - Beg of Year 243,125 DA8022 437,999
ADD - REVENUES AND OTHER SOURCES 829,406 832,257
DEDUCT - EXPENDITURES AND OTHER USES 634,532 617,739
Fund Balance - End of Year 437,999 DA8029 652,517
Page 23 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(DA) HIGHWAY-TOWN-WIDE
Budget Summary
EdpCode 20212020
Estimated Revenues
Est Rev - Real Property Taxes 800,000 DA1049N 800,000
Est Rev - Real Property Tax Items 3,000 DA1099N 5,550
Est Rev - Intergovernmental Charges 10,000 DA2399N 18,000
Est Rev - Use of Money And Property 5,000 DA2499N 3,500
818,000 827,050TOTAL Estimated Revenues
Appropriated Fund Balance DA599N 204,178
0 204,178TOTAL Estimated Other Sources
818,000 1,031,228TOTAL Estimated Revenues And Other Sources
OSC Municipality Code 500342300000Page 24
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(DA) HIGHWAY-TOWN-WIDE
Budget Summary
EdpCode 20212020
Appropriations
App - Transportation 627,228 DA5999N 875,258
App - Employee Benefits 146,195 DA9199N 123,245
Unappropriated Revenues 15,477 DA990N
788,900 998,503TOTAL Appropriations
App - Interfund Transfer 29,100 DA9999N 32,725
29,100 32,725TOTAL Other Uses
818,000 1,031,228TOTAL Appropriations And Other Uses
OSC Municipality Code 500342300000Page 25
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(DB) HIGHWAY-PART-TOWN
Balance Sheet
Assets
Cash 2,021,681 DB200 2,789,025
Cash In Time Deposits 1,017,005 DB201 2,000,000
Petty Cash 200 DB210 200
TOTAL Cash 3,038,886 4,789,225
Accrued Interest Receivable 1,250 DB381 10,643
TOTAL Other Receivables (net)1,250 10,643
Due From Other Funds DB391
TOTAL Due From Other Funds 0 0
Due From Other Governments 399,360 DB440 205,318
TOTAL Due From Other Governments 399,360 205,318
Prepaid Expenses 58,032 DB480 24,124
TOTAL Prepaid Expenses 58,032 24,124
Cash Special Reserve 105,354 DB230 22,802
Cash In Time Deposits Special Reserves 346,087 DB231 453,500
TOTAL Restricted Assets 451,441 476,302
TOTAL Assets and Deferred Outflows of Resources 3,948,969 5,505,612
OSC Municipality Code 500342300000Page 26
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(DB) HIGHWAY-PART-TOWN
2019 EdpCode 2020Code Description
Balance Sheet
DB601Accrued Liabilities 180,646168,926
TOTAL Accrued Liabilities 180,646168,926
DB730Guaranty & Bid Deposits 60,265
TOTAL Other Deposits 60,2650
168,926 240,911TOTAL Liabilities
Deferred Inflows of Resources
DB694Deferred Taxes 9,383
TOTAL Deferred Inflows of Resources 09,383
9,383 0TOTAL Deferred Inflows of Resources
Fund Balance
DB806Not in Spendable Form 24,12458,032
TOTAL Nonspendable Fund Balance 24,12458,032
DB867Reserve for Emp Benefits & Acc Liabilities 80,792
DB878Capital Reserve 370,649
DB899Other Restricted Fund Balance
TOTAL Restricted Fund Balance 0451,441
DB913Committed Fund Balance 631,255
TOTAL Committed Fund Balance 631,2550
DB914Assigned Appropriated Fund Balance 1,978,190
DB915Assigned Unappropriated Fund Balance 2,631,1323,261,187
TOTAL Assigned Fund Balance 4,609,3223,261,187
3,770,660 5,264,701TOTAL Fund Balance
3,948,969 5,505,612TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 27
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(DB) HIGHWAY-PART-TOWN
Code Description 2019 EdpCode 2020
Revenues
DB1001 1,446,0001,440,000Real Property Taxes
TOTAL Real Property Taxes 1,440,000 1,446,000
DB1081 13,8837,687Other Payments In Lieu of Taxes
TOTAL Real Property Tax Items 7,687 13,883
DB1120 1,766,6102,181,907Sales Tax (from County)
TOTAL Non Property Tax Items 2,181,907 1,766,610
DB2300 2,0341,177Transportation Services, Other Govts
TOTAL Intergovernmental Charges 1,177 2,034
DB2401 39,16248,111Interest And Earnings
TOTAL Use of Money And Property 48,111 39,162
DB2665 84,90087,356Sales of Equipment
DB2680 44,09012,139Insurance Recoveries
DB2690 153,000Other Compensation For Loss
TOTAL Sale of Property And Compensation For Loss 99,495 281,990
DB2701 19856Refunds of Prior Year's Expenditures
DB2770 1,7304,878Unclassified (specify)
TOTAL Miscellaneous Local Sources 4,934 1,928
DB3501 106,139132,683St Aid, Consolidated Highway Aid
TOTAL State Aid 132,683 106,139
TOTAL Revenues 3,915,994 3,657,746
TOTAL Detail Revenues And Other Sources 3,915,994 3,657,746
Page 28 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(DB) HIGHWAY-PART-TOWN
Code Description 2019 EdpCode 2020
Expenditures
DB17104 152,31857,141Administration-Contractual
TOTAL Administration-Contractual 57,141 152,318
DB19104 24,46036,975Unallocated Insurance, Contr Expend
TOTAL Unallocated Insurance 36,975 24,460
TOTAL General Government Support 94,116 176,778
DB51101 250,160346,727Maint of Streets, Pers Serv
DB51104 112,665163,214Maint of Streets, Contr Expend
TOTAL Maint of Streets 509,941 362,825
DB51121 16,06911,686Perm Improve Highway, Pers Serv
DB51124 275,948718,114Perm Improve Highway, Contr Expend
TOTAL Perm Improve Highway 729,800 292,017
DB51301 138,362107,356Machinery, Pers Serv
DB51302 199,399345,315Machinery, Equip & Cap Outlay
DB51304 50,62791,051Machinery, Contr Expend
TOTAL Machinery 543,722 388,388
DB51401 237,246174,406Brush And Weeds, Pers Serv
DB51404 19,19718,331Brush And Weeds, Contr Expend
TOTAL Brush And Weeds 192,737 256,443
TOTAL Transportation 1,976,200 1,299,673
DB90108 90,41088,463State Retirement, Empl Bnfts
DB90308 66,85256,386Social Security, Empl Bnfts
DB90408 36,06332,956Worker's Compensation, Empl Bnfts
DB90458 1,4551,413Life Insurance, Empl Bnfts
DB90508 372Unemployment Insurance, Empl Bnfts
DB90558 1,009765Disability Insurance, Empl Bnfts
DB90608 183,864169,519Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits 349,502 380,025
TOTAL Expenditures 2,419,818 1,856,476
DB99019 307,229395,845Transfers, Other Funds
TOTAL Operating Transfers 395,845 307,229
TOTAL Other Uses 395,845 307,229
TOTAL Detail Expenditures And Other Uses 2,815,663 2,163,705
Page 29 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(DB) HIGHWAY-PART-TOWN
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 2,670,329 DB8021 3,770,660
Restated Fund Balance - Beg of Year 2,670,329 DB8022 3,770,660
ADD - REVENUES AND OTHER SOURCES 3,915,994 3,657,746
DEDUCT - EXPENDITURES AND OTHER USES 2,815,663 2,163,705
Fund Balance - End of Year 3,770,660 DB8029 5,264,701
Page 30 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(DB) HIGHWAY-PART-TOWN
Budget Summary
EdpCode 20212020
Estimated Revenues
Est Rev - Real Property Taxes 1,473,500 DB1049N 0
Est Rev - Real Property Tax Items DB1099N 13,950
Est Rev - Non Property Tax Items 1,300,000 DB1199N 750,000
Est Rev - Use of Money And Property 45,000 DB2499N 30,000
Est Rev - Sale of Prop And Comp For Loss 40,000 DB2699N 100,000
Est Rev - State Aid 120,000 DB3099N 120,000
2,978,500 1,013,950TOTAL Estimated Revenues
Appropriated Fund Balance DB599N 1,978,190
0 1,978,190TOTAL Estimated Other Sources
2,978,500 2,992,140TOTAL Estimated Revenues And Other Sources
OSC Municipality Code 500342300000Page 31
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description
(DB) HIGHWAY-PART-TOWN
Budget Summary
EdpCode 20212020
Appropriations
App - Transportation 1,998,485 DB5999N 2,239,025
App - Employee Benefits 444,680 DB9199N 409,380
Unappropriated Revenues 129,256 DB990N
2,572,421 2,648,405TOTAL Appropriations
App - Interfund Transfer 406,079 DB9999N 343,735
406,079 343,735TOTAL Other Uses
2,978,500 2,992,140TOTAL Appropriations And Other Uses
OSC Municipality Code 500342300000Page 32
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(ES) ENTERPRISE SEWER
Statement of Net Position
Assets
Cash 2,183,701 ES200 1,975,352
Cash In Time Deposits 1,017,005 ES201 1,017,500
TOTAL Cash 3,200,706 2,992,852
Sewer Rents Receivable 515,934 ES360 557,610
Accrued Interest Receivable 944 ES381 4,414
TOTAL Other Receivables (net)516,878 562,024
Due From Other Governments ES440 150,148
TOTAL Due From Other Governments 0 150,148
Prepaid Expenses 6,482 ES480 657
TOTAL Prepaid Expenses 6,482 657
Cash Special Reserve 50 ES230
Cash In Time Deposits Special Reserves 12,205 ES231
TOTAL Restricted Assets 12,255 0
Machinery And Equipment 436,582 ES104 374,357
Construction Work In Progress 98,768 ES105 103,329
Infrastructure 2,485,478 ES106 2,586,265
TOTAL Fixed Assets (net)3,020,828 3,063,951
Deferred Outflow of Resources 24,637 ES495 70,459
Deferred Outflows of Resources - Pensions 28,456 ES496 89,173
TOTAL Deferred Outflows of Resources 53,093 159,632
TOTAL Assets and Deferred Outflows of Resources 6,810,242 6,929,264
OSC Municipality Code 500342300000Page 33
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(ES) ENTERPRISE SEWER
2019 EdpCode 2020Code Description
Statement of Net Position
ES601Accrued Liabilities 15,030504,846
TOTAL Accrued Liabilities 15,030504,846
ES638Net Pension Liability -Proportionate Share 119,98325,230
ES683Total OPEB Liability 404,526321,983
ES687Compensated Absences 8,5808,561
TOTAL Other Liabilities 533,089355,774
ES631Due To Other Governments 8,000
TOTAL Due To Other Governments 08,000
868,620 548,119TOTAL Liabilities
Deferred Inflows of Resources
ES691Deferred Inflow of Resources 23,59341,464
ES694Deferred Taxes 13,9741,779
ES697Deferred Inflows of Resources - Pensions 2,22010,335
TOTAL Deferred Inflows of Resources 39,78753,578
53,578 39,787TOTAL Deferred Inflows of Resources
Fund Balance
ES920Net Assets-Invsted In Cap Asts, Net Rltd D 3,063,9513,020,828
ES923Net Assets-Restricted For Other Purposes 12,255
ES924Net Assets-Unrestricted (deficit)3,277,4072,854,961
TOTAL Net Position 6,341,3585,888,044
5,888,044 6,341,358TOTAL Fund Balance
6,810,242 6,929,264TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 34
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(ES) ENTERPRISE SEWER
Code Description 2019 EdpCode 2020
Revenues
ES2120 2,682,5252,493,535Sewer Rents
ES2128 3,32919,556Int & Penalties On Sewer Accts
TOTAL Charges For Services Within Locality 2,513,091 2,685,854
ES266568Minor Sales
ES2680 225Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 68 225
ES2401 26,49737,070Interest And Earnings
TOTAL Use of Money And Property 37,070 26,497
ES2701 8,0008,006Refunds of Prior Year's Expenditures
TOTAL Other 8,006 8,000
TOTAL Revenues 2,558,235 2,720,576
ES1028 9,7619,923Special Assessments Ad Valorem
ES1030 478,330358,045Special Assessments
TOTAL Real Property Taxes 367,968 488,091
TOTAL Taxes 367,968 488,091
TOTAL Operating Revenue 2,926,203 3,208,667
Page 35 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(ES) ENTERPRISE SEWER
Code Description 2019 EdpCode 2020
Expenses
ES17101 19,02627,068Adminstration-Personal Services
TOTAL Adminstration-Personal Services 27,068 19,026
ES81201 156,231158,405Sanitary Sewers, Pers Serv
TOTAL Sanitary Sewers 158,405 156,231
TOTAL Personal Services 185,473 175,257
ES17104 247,03463,726Administration-Contractual
TOTAL Administration-Contractual 63,726 247,034
ES19944 183,004167,127Depreciation
TOTAL Depreciation 167,127 183,004
ES81204 385,949328,818Sanitary Sewers, Contr Expend
TOTAL Sanitary Sewers 328,818 385,949
ES81304 1,643,9041,431,105Sewage Treatment And Disposal-Contr Expend
TOTAL Sewage Treatment And Disposal-Contr Expend 1,431,105 1,643,904
TOTAL Contractual Expenses 1,990,776 2,459,891
ES17108 12,70014,421Administration-Empl Ben
TOTAL Administration-Empl Ben 14,421 12,700
ES81208 102,75581,714Sanitary Sewers, Empl Bnfts
TOTAL Sanitary Sewers 81,714 102,755
TOTAL Employee Benefits 96,135 115,455
TOTAL Expenses 2,272,384 2,750,603
ES99019 4,750184,615Transfers, Other Funds
TOTAL Transfers 184,615 4,750
TOTAL Other Uses 184,615 4,750
TOTAL Operating Expenses 2,456,999 2,755,353
Page 36 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(ES) ENTERPRISE SEWER
Code Description 2019 EdpCode 2020
Analysis of Changes in Net Position
Analysis of Changes in Net Position
Net Position - Beginning of Year 5,418,841 ES8021 5,888,044
Prior Period Adj -Decrease In Net Position 1 ES8015
Restated Net Position - Beg of Year 5,418,840 ES8022 5,888,044
ADD - REVENUES AND OTHER SOURCES 2,926,203 3,208,667
DEDUCT - EXPENDITURES AND OTHER USES 2,456,999 2,755,353
Net Position - End of Year 5,888,044 ES8029 6,341,358
Page 37 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
Cash Flow
Page 38
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(EW) ENTERPRISE WATER
Statement of Net Position
Assets
Cash 1,507,336 EW200 3,073,898
Cash In Time Deposits EW201 21,000
TOTAL Cash 1,507,336 3,094,898
Water Rents Receivable 781,621 EW350 704,306
Accrued Interest Receivable 22 EW381 91
TOTAL Other Receivables (net)781,643 704,397
Due From Other Funds EW391 6,501
TOTAL Due From Other Funds 0 6,501
Due From Other Governments 1,596,187 EW440 1,495,485
TOTAL Due From Other Governments 1,596,187 1,495,485
Prepaid Expenses 8,556 EW480 656
TOTAL Prepaid Expenses 8,556 656
Cash Special Reserve 48 EW230
Cash In Time Deposits Special Reserves 24,205 EW231
TOTAL Restricted Assets 24,253 0
Machinery And Equipment 385,006 EW104 379,471
Construction Work In Progress 1,308,893 EW105 998,854
Infrastructure 14,154,867 EW106 15,192,478
TOTAL Fixed Assets (net)15,848,766 16,570,803
Deferred Outflow of Resources 19,104 EW495 107,731
Deferred Outflows of Resources - Pensions 50,832 EW496 131,883
TOTAL Deferred Outflows of Resources 69,936 239,614
TOTAL Assets and Deferred Outflows of Resources 19,836,677 22,112,354
OSC Municipality Code 500342300000Page 39
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(EW) ENTERPRISE WATER
2019 EdpCode 2020Code Description
Statement of Net Position
EW601Accrued Liabilities 271,770388,243
TOTAL Accrued Liabilities 271,770388,243
EW638Net Pension Liability -Proportionate Share 170,74644,263
EW683Total OPEB Liability 588,572462,363
EW687Compensated Absences 13,20212,619
TOTAL Other Liabilities 772,520519,245
EW628Bonds Payable 12,664,50511,724,450
EW629Bond Interest And Matured Bonds Payable 632,515139,472
TOTAL Bond And Long Term Liabilities 13,297,02011,863,922
12,771,410 14,341,310TOTAL Liabilities
Deferred Inflows of Resources
EW691Deferred Inflow of Resources 36,07432,117
EW694Deferred Taxes 36,4184,899
EW697Deferred Inflows of Resources - Pensions 9,94820,780
TOTAL Deferred Inflows of Resources 82,44057,796
57,796 82,440TOTAL Deferred Inflows of Resources
Fund Balance
EW920Net Assets-Invsted In Cap Asts, Net Rltd D 5,377,0485,695,766
EW923Net Assets-Restricted For Other Purposes 24,253
EW924Net Assets-Unrestricted (deficit)2,311,5561,287,452
TOTAL Net Position 7,688,6047,007,471
7,007,471 7,688,604TOTAL Fund Balance
19,836,677 22,112,354TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 40
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(EW) ENTERPRISE WATER
Code Description 2019 EdpCode 2020
Revenues
EW2140 3,182,3653,407,478Metered Water Sales
EW2144 18,24416,207Water Service Charges
EW2148 38,55033,849Interest & Penalties On Water Rents
TOTAL Charges For Services Within Locality 3,457,534 3,239,159
EW2655 49169Sales, Other
EW2680 3381,277Insurance Recoveries
TOTAL Sale of Property And Compensation For Loss 1,346 829
EW2401 16,21625,729Interest And Earnings
TOTAL Use of Money And Property 25,729 16,216
EW27014Refunds of Prior Year's Expenditures
EW2770425Unclassified (specify)
TOTAL Other 429 0
TOTAL Revenues 3,485,038 3,256,204
EW5031 167,103209,146Interfund Transfers
TOTAL Interfund Transfers 209,146 167,103
209,146 167,103
EW1028 8,5598,756Special Assessments Ad Valorem
EW1030 1,329,2981,244,072Special Assessments
TOTAL Real Property Taxes 1,252,828 1,337,857
TOTAL Taxes 1,252,828 1,337,857
TOTAL Operating Revenue 4,947,012 4,761,164
Page 41 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(EW) ENTERPRISE WATER
Code Description 2019 EdpCode 2020
Expenses
EW83101 32,39648,807Water Administration-Pers Serv
TOTAL Water Administration-Pers Serv 48,807 32,396
EW83401 235,527232,652Transportation And Distribution-Pers Serv
TOTAL Transportation And Distribution-Pers Serv 232,652 235,527
TOTAL Personal Services 281,459 267,923
EW17104 324,48583,748Administration-Contractual
TOTAL Administration-Contractual 83,748 324,485
EW19104 28,233Unallocated Insurance-Contractual
TOTAL Unallocated Insurance-Contractual 0 28,233
EW19944 535,481453,696Depreciation
TOTAL Depreciation 453,696 535,481
EW83104 34,69333,724Water Administration-Contr Expend
TOTAL Water Administration-Contr Expend 33,724 34,693
EW83204 2,215,7772,333,743Source Supply Pwr & Pump Contr Expend
TOTAL Source Supply Pwr & Pump Contr Expend 2,333,743 2,215,777
EW83404 199,294216,877Transportation And Distribution-Contr Expe
TOTAL Transportation And Distribution-Contr Expe 216,877 199,294
TOTAL Contractual Expenses 3,121,788 3,337,963
EW83108 21,96526,240Water Administration-Empl Bnfts
TOTAL Water Administration-Empl Bnfts 26,240 21,965
EW83408 161,077128,115Transportation And Distribution-Empl Bnfts
TOTAL Transportation And Distribution-Empl Bnfts 128,115 161,077
TOTAL Employee Benefits 154,355 183,042
EW97107 286,353291,333Debt Interest, Serial Bonds
TOTAL Interest Expense 291,333 286,353
TOTAL Expenses 3,848,935 4,075,281
EW99019 4,750216,815Transfers, Other Funds
TOTAL Transfers 216,815 4,750
TOTAL Other Uses 216,815 4,750
TOTAL Operating Expenses 4,065,750 4,080,031
Page 42 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(EW) ENTERPRISE WATER
Code Description 2019 EdpCode 2020
Analysis of Changes in Net Position
Analysis of Changes in Net Position
Net Position - Beginning of Year 6,260,798 EW8021 7,007,471
Prior Period Adj -Decrease In Net Position 134,589 EW8015
Restated Net Position - Beg of Year 6,126,209 EW8022 7,007,471
ADD - REVENUES AND OTHER SOURCES 4,947,012 4,761,164
DEDUCT - EXPENDITURES AND OTHER USES 4,065,750 4,080,031
Net Position - End of Year 7,007,471 EW8029 7,688,604
Page 43 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(EW) ENTERPRISE WATER
Cash Flow
Cash Rec'd From Providing Svcs 3,293,786 EW7111
Cash Payments Contr Exp -2,579,120 EW7112
Cash Payments Pers Svcs & Bnfts -414,017 EW7113
TOTAL Cash Flows From Operating Activities 300,649 0
Real Property Taxes 1,252,828 EW7121
Operating Grants Rec'd -9,801 EW7122
Transfers To/from Other Funds -7,669 EW7123
TOTAL Cash Flows From Non-Capital And Financing Activities 1,235,358 0
Principal Payments Debt (capital)-930,000 EW7132
Interest Expense (capital)-302,246 EW7133
Payments To Contractors -1,642,583 EW7136
TOTAL Cash Flows From Capital And Related Financing Activities -2,874,829 0
Interest Income 25,725 EW7153
TOTAL Cash Flows From Investing Activities 25,725 0
Net Inc(dec) In Cash&cash Equiv -1,313,097 EW7161
Cash&cash Equiv Beg of Year 2,844,686 EW7171
1,531,589 0
Operating Income (loss)-97,709 EW7181
Depreciation 453,696 EW7182
Inc/dec In Assets-Other Than Cash -132,231 EW7183
Inc/dec In Liabilities Other Than Cash 87,806 EW7184
Other Reconciling Items -10,913 EW7185
TOTAL Reconciliation of Operating Income To Cash 300,649 0
OSC Municipality Code 500342300000Page 44
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(H) CAPITAL PROJECTS
Balance Sheet
Assets
Cash 462,595 H200 185,165
Cash In Time Deposits 366,122 H201
TOTAL Cash 828,717 185,165
Accounts Receivable H380 165,000
Accrued Interest Receivable 336 H381
TOTAL Other Receivables (net)336 165,000
Due From State And Federal Government 57,869 H410 175,404
TOTAL State And Federal Aid Receivables 57,869 175,404
TOTAL Assets and Deferred Outflows of Resources 886,922 525,569
OSC Municipality Code 500342300000Page 45
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(H) CAPITAL PROJECTS
2019 EdpCode 2020Code Description
Balance Sheet
H601Accrued Liabilities 94,79912,207
TOTAL Accrued Liabilities 94,79912,207
12,207 94,799TOTAL Liabilities
Fund Balance
H913Committed Fund Balance 430,770874,715
TOTAL Committed Fund Balance 430,770874,715
H914Assigned Appropriated Fund Balance
TOTAL Assigned Fund Balance 00
874,715 430,770TOTAL Fund Balance
886,922 525,569TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 46
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(H) CAPITAL PROJECTS
Code Description 2019 EdpCode 2020
Revenues
H2401 5,67312,226Interest And Earnings
TOTAL Use of Money And Property 12,226 5,673
H2705 165,000Gifts And Donations
H2710 164,707Premium & Accrued Interest On Obligations
TOTAL Miscellaneous Local Sources 0 329,707
H4589 1,057,15863,396Fed Aid Other Transportation
TOTAL Federal Aid 63,396 1,057,158
TOTAL Revenues 75,622 1,392,538
H5031 432,788100,000Interfund Transfers
TOTAL Interfund Transfers 100,000 432,788
H5710 1,260,370Serial Bonds
TOTAL Proceeds of Obligations 0 1,260,370
TOTAL Other Sources 100,000 1,693,158
TOTAL Detail Revenues And Other Sources 175,622 3,085,696
Page 47 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(H) CAPITAL PROJECTS
Code Description 2019 EdpCode 2020
Expenditures
H11302Traffic Viol Bureau, Equip & Cap Outlay
TOTAL Traffic Viol Bureau 0 0
TOTAL General Government Support 0 0
H51322 1,559,807Garage, Equip & Cap Outlay
TOTAL Garage 0 1,559,807
H54102 1,416,42761,566Sidewalks, Equip & Cap Outlay
TOTAL Sidewalks 61,566 1,416,427
TOTAL Transportation 61,566 2,976,234
H71102 15,74817,679Parks, Equip & Cap Outlay
TOTAL Parks 17,679 15,748
TOTAL Culture And Recreation 17,679 15,748
TOTAL Expenditures 79,245 2,991,982
H99019 537,659221,539Transfers, Other Funds
TOTAL Operating Transfers 221,539 537,659
TOTAL Other Uses 221,539 537,659
TOTAL Detail Expenditures And Other Uses 300,784 3,529,641
Page 48 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(H) CAPITAL PROJECTS
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 999,877 H8021 874,715
Restated Fund Balance - Beg of Year 999,877 H8022 874,715
ADD - REVENUES AND OTHER SOURCES 175,622 3,085,696
DEDUCT - EXPENDITURES AND OTHER USES 300,784 3,529,641
Fund Balance - End of Year 874,715 H8029 430,770
Page 49 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(K) GENERAL FIXED ASSETS
Balance Sheet
Assets
Land 749,233 K101 919,833
Buildings 2,818,956 K102 4,372,152
Improvements Other Than Buildings 554,106 K103 511,992
Machinery And Equipment 2,363,421 K104 2,064,247
Construction Work In Progress 696,734 K105 162,234
Infrastructure 5,337,814 K106 6,968,846
TOTAL Fixed Assets (net)12,520,264 14,999,304
TOTAL Assets and Deferred Outflows of Resources 12,520,264 14,999,304
OSC Municipality Code 500342300000Page 50
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(K) GENERAL FIXED ASSETS
2019 EdpCode 2020Code Description
Balance Sheet
Liabilities, Deferred Inflows And Fund Balance
K159Total Non-Current Govt Assets 14,999,30412,520,264
TOTAL Investments in Non-Current Government Assets 14,999,30412,520,264
12,520,264 14,999,304TOTAL Fund Balance
12,520,264 14,999,304TOTAL
OSC Municipality Code 500342300000Page 51
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(SF) FIRE PROTECTION
Balance Sheet
Assets
Cash 592,348 SF200 621,325
Cash In Time Deposits 1,525,507 SF201 1,000,000
TOTAL Cash 2,117,855 1,621,325
Accounts Receivable 1,399 SF380 4,337
TOTAL Other Receivables (net)1,399 4,337
Prepaid Expenses SF480
TOTAL Prepaid Expenses 0 0
TOTAL Assets and Deferred Outflows of Resources 2,119,254 1,625,662
OSC Municipality Code 500342300000Page 52
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(SF) FIRE PROTECTION
2019 EdpCode 2020Code Description
Balance Sheet
SF601Accrued Liabilities 189,329291,711
TOTAL Accrued Liabilities 189,329291,711
291,711 189,329TOTAL Liabilities
Deferred Inflows of Resources
SF694Deferred Taxes 138,00119,659
TOTAL Deferred Inflows of Resources 138,00119,659
19,659 138,001TOTAL Deferred Inflows of Resources
Fund Balance
SF914Assigned Appropriated Fund Balance 219,000
SF915Assigned Unappropriated Fund Balance 1,298,3321,588,884
TOTAL Assigned Fund Balance 1,298,3321,807,884
1,807,884 1,298,332TOTAL Fund Balance
2,119,254 1,625,662TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 53
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(SF) FIRE PROTECTION
Code Description 2019 EdpCode 2020
Revenues
SF1001 3,212,1313,150,000Real Property Taxes
TOTAL Real Property Taxes 3,150,000 3,212,131
SF2401 29,99854,020Interest And Earnings
TOTAL Use of Money And Property 54,020 29,998
SF3089 32,81032,658St Aid, Other Aid (specify)
TOTAL State Aid 32,658 32,810
TOTAL Revenues 3,236,678 3,274,939
TOTAL Detail Revenues And Other Sources 3,236,678 3,274,939
Page 54 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(SF) FIRE PROTECTION
Code Description 2019 EdpCode 2020
Expenditures
SF34104 3,784,4913,439,145Fire Protection, Contr Expend
TOTAL Fire Protection 3,439,145 3,784,491
TOTAL Public Safety 3,439,145 3,784,491
TOTAL Expenditures 3,439,145 3,784,491
TOTAL Detail Expenditures And Other Uses 3,439,145 3,784,491
Page 55 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(SF) FIRE PROTECTION
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 2,010,351 SF8021 1,807,884
Restated Fund Balance - Beg of Year 2,010,351 SF8022 1,807,884
ADD - REVENUES AND OTHER SOURCES 3,236,678 3,274,939
DEDUCT - EXPENDITURES AND OTHER USES 3,439,145 3,784,491
Fund Balance - End of Year 1,807,884 SF8029 1,298,332
Page 56 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(SL) LIGHTING
Balance Sheet
Assets
Cash 16,060 SL200 37,872
TOTAL Cash 16,060 37,872
TOTAL Assets and Deferred Outflows of Resources 16,060 37,872
OSC Municipality Code 500342300000Page 57
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(SL) LIGHTING
2019 EdpCode 2020Code Description
Balance Sheet
SL601Accrued Liabilities 1,338256
TOTAL Accrued Liabilities 1,338256
256 1,338TOTAL Liabilities
Deferred Inflows of Resources
SL694Deferred Taxes 2,030185
TOTAL Deferred Inflows of Resources 2,030185
185 2,030TOTAL Deferred Inflows of Resources
Fund Balance
SL915Assigned Unappropriated Fund Balance 34,50415,619
TOTAL Assigned Fund Balance 34,50415,619
15,619 34,504TOTAL Fund Balance
16,060 37,872TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 58
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(SL) LIGHTING
Code Description 2019 EdpCode 2020
Revenues
SL1001 32,75018,000Real Property Taxes
TOTAL Real Property Taxes 18,000 32,750
SL2401 19473Interest And Earnings
TOTAL Use of Money And Property 73 194
TOTAL Revenues 18,073 32,944
TOTAL Detail Revenues And Other Sources 18,073 32,944
Page 59 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(SL) LIGHTING
Code Description 2019 EdpCode 2020
Expenditures
SL51824 14,05916,942Street Lighting, Contr Expend
TOTAL Street Lighting 16,942 14,059
TOTAL Transportation 16,942 14,059
TOTAL Expenditures 16,942 14,059
TOTAL Detail Expenditures And Other Uses 16,942 14,059
Page 60 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(SL) LIGHTING
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 14,488 SL8021 15,619
Restated Fund Balance - Beg of Year 14,488 SL8022 15,619
ADD - REVENUES AND OTHER SOURCES 18,073 32,944
DEDUCT - EXPENDITURES AND OTHER USES 16,942 14,059
Fund Balance - End of Year 15,619 SL8029 34,504
Page 61 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(TA) AGENCY
Balance Sheet
Assets
Cash 240,385 TA200
Cash In Time Deposits
Additional Description 76
30,510 TA201
TOTAL Cash 270,895 0
TOTAL Assets and Deferred Outflows of Resources 270,895 0
OSC Municipality Code 500342300000Page 62
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(TA) AGENCY
2019 EdpCode 2020Code Description
Balance Sheet
TA30Guaranty & Bid Deposits 1,655
TA35Bail Deposits 3,402
TA85Other Funds (specify)265,838
TOTAL Agency Liabilities 0270,895
270,895 0TOTAL Liabilities
270,895 0TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 63
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(TC) CUSTODIAL
Balance Sheet
Assets
Cash TC200 133,922
Cash In Time Deposits TC201 76,000
TOTAL Cash 0 209,922
TOTAL Assets and Deferred Outflows of Resources 0 209,922
OSC Municipality Code 500342300000Page 64
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(TC) CUSTODIAL
2019 EdpCode 2020Code Description
Balance Sheet
TC735Bail Deposits 3,401
TOTAL Other Deposits 3,4010
TC688Other Liabilities (Specify)38,197
TOTAL Other Liabilities 38,1970
0 41,598TOTAL Liabilities
Fund Balance
TC923Net Assets-Restricted For Other Purposes 168,324
TOTAL Net Position 168,3240
0 168,324TOTAL Fund Balance
0 209,922TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 65
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(TC) CUSTODIAL
Code Description 2019 EdpCode 2020
Revenues
TC2401 753Interest And Earnings
TOTAL Use of Money And Property 0 753
TC2705 36,450Gifts And Donations
TC2770 22,096Unclassified (specify)
Additional Description FSA
TOTAL Miscellaneous Local Sources 0 58,546
TOTAL Revenues 0 59,299
TOTAL Detail Revenues And Other Sources 0 59,299
Page 66 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(TC) CUSTODIAL
Code Description 2019 EdpCode 2020
Expenditures
TC19354 22,674Other Custodial Activities Contractual
TOTAL Other Custodial Activities Contractual 0 22,674
TOTAL General Government Support 0 22,674
TC90898 23,095Other Employee Benefits (spec)
Additional Description FSA
TOTAL Employee Benefits 0 23,095
TOTAL Expenditures 0 45,769
TOTAL Detail Expenditures And Other Uses 0 45,769
Page 67 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(TC) CUSTODIAL
Code Description 2019 EdpCode 2020
Analysis of Changes in Net Position
Analysis of Changes in Net Position
Fund Balance - Beginning of Year TC8021
Prior Period Adjustments,inc Fund Eqty TC8012 154,794
Restated Fund Balance - Beg of Year TC8022 154,794
ADD - REVENUES AND OTHER SOURCES 59,299
DEDUCT - EXPENDITURES AND OTHER USES 45,769
Fund Balance - End of Year TC8029 168,324
Page 68 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(V) DEBT SERVICE
Balance Sheet
Assets
Cash 93,364 V200 91,589
TOTAL Cash 93,364 91,589
Accrued Interest Receivable V381 1,519
TOTAL Other Receivables (net)0 1,519
Cash Special Reserve V230 20,755
Cash In Time Deposits Special Reserves V231 350,000
TOTAL Restricted Assets 0 370,755
TOTAL Assets and Deferred Outflows of Resources 93,364 463,863
OSC Municipality Code 500342300000Page 69
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(V) DEBT SERVICE
2019 EdpCode 2020Code Description
Balance Sheet
V600Accounts Payable 34
TOTAL Accounts Payable 340
V630Due To Other Funds 6,501
TOTAL Due To Other Funds 6,5010
0 6,535TOTAL Liabilities
Fund Balance
V884Reserve For Debt 370,555
TOTAL Restricted Fund Balance 370,5550
V914Assigned Appropriated Fund Balance 65,07624,893
V915Assigned Unappropriated Fund Balance 21,69768,471
TOTAL Assigned Fund Balance 86,77393,364
93,364 457,328TOTAL Fund Balance
93,364 463,863TOTAL Liabilities, Deferred Inflows And Fund Balance
OSC Municipality Code 500342300000Page 70
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(V) DEBT SERVICE
Code Description 2019 EdpCode 2020
Revenues
V2401 2,81211,257Interest And Earnings
TOTAL Use of Money And Property 11,257 2,812
TOTAL Revenues 11,257 2,812
V5031 796,680433,263Interfund Transfers
TOTAL Interfund Transfers 433,263 796,680
TOTAL Other Sources 433,263 796,680
TOTAL Detail Revenues And Other Sources 444,520 799,492
Page 71 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Results of Operation
(V) DEBT SERVICE
Code Description 2019 EdpCode 2020
Expenditures
V13804 1,9033,452Fiscal Agents Fees, Contr Expend
TOTAL Fiscal Agents Fees 3,452 1,903
TOTAL General Government Support 3,452 1,903
V97106 368,000372,000Debt Principal, Serial Bonds
TOTAL Debt Principal 372,000 368,000
V97107 65,62573,870Debt Interest, Serial Bonds
TOTAL Debt Interest 73,870 65,625
TOTAL Expenditures 449,322 435,528
TOTAL Detail Expenditures And Other Uses 449,322 435,528
Page 72 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(V) DEBT SERVICE
Code Description 2019 EdpCode 2020
Analysis of Changes in Fund Balance
Analysis of Changes in Fund Balance
Fund Balance - Beginning of Year 98,167 V8021 93,365
Restated Fund Balance - Beg of Year 98,167 V8022 93,365
ADD - REVENUES AND OTHER SOURCES 444,520 799,492
DEDUCT - EXPENDITURES AND OTHER USES 449,322 435,528
Fund Balance - End of Year 93,365 V8029 457,329
Page 73 OSC Municipality Code 500342300000
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Code Description 2019 EdpCode 2020
(W) GENERAL LONG-TERM DEBT
Balance Sheet
Assets
Total Non-Current Govt Liabilities 10,202,147 W129 15,280,159
TOTAL Provision To Be Made In Future Budgets 10,202,147 15,280,159
TOTAL Assets and Deferred Outflows of Resources 10,202,147 15,280,159
OSC Municipality Code 500342300000Page 74
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
(W) GENERAL LONG-TERM DEBT
2019 EdpCode 2020Code Description
Balance Sheet
W638Net Pension Liability -Proportionate Share 3,263,621837,218
W683Total OPEB Liability 8,533,6446,785,958
W687Compensated Absences 181,649161,971
TOTAL Other Liabilities 11,978,9147,785,147
W628Bonds Payable 3,301,2452,417,000
TOTAL Bond And Long Term Liabilities 3,301,2452,417,000
10,202,147 15,280,159TOTAL Liabilities
10,202,147 15,280,159TOTAL Liabilities
OSC Municipality Code 500342300000Page 75
TOWN OF Ithaca
Annual Update Document
For the Fiscal Year Ending 2020
Office of the State Comptroller 7/1/2021TOWN OF Ithaca
Statement of Indebtedness
For the Fiscal Year Ending 2020
County of: Tompkins
Municipal Code: 500342300000
First
Year
Debt
Code Description
Cops
Flag
Comp
Flag
Date of
Issue
Date of
Maturity
Int.
Rate Var?
Amt. Orig.
Issued
O/S Beg.
of Year
Paid
Dur. Year
Redeemed
Bond Proc.
Prior Yr.
Adjust.
Accreted
Interest
O/S End
of Year
E 09/01/2031 2.96%$0 $0$2,650,000 $1,520,000 $1,520,00009/01/2011YPublic Improvement
Bond - 2011
BOND2011 $0
E 08/01/2028 2.00%Y $0 $0$3,450,000 $1,865,000 $310,00008/01/2013Public Improvement
Bond - 2013
BOND2013 $1,555,000
E 05/15/2024 2.00%Y $0 $0$910,000 $480,000 $100,00012/30/20142004-B Refunding
Bond, 2014-A
BOND2014 $380,000
E 10/15/2030 2.00%Y $0 $0$2,950,000 $2,255,000 $180,00011/13/2015Public Improvement
Bond
BOND2015 $2,075,000
E 12/01/2033 2.99%$0 $0$4,150,000 $3,930,000 $230,00012/06/2018YWater Main
Improvements
BOND2018 $3,700,000
E 08/15/2035 5.00%Y $0$3,340,000 $0 $009/03/2020Various capital
projects
BOND2020 $3,340,000
E 10/01/2024 0.032%$0 $0$1,125,000 $430,000 $430,00010/01/2009Pub Imp (Serial) BondBOND2009 $0
E 12/15/2029 2.00%Y $0 $0$3,000,000 $2,090,000 $195,00012/30/2014Public Improvement
Bond 2014-B
BOND2014 $1,895,000
E 08/15/2031 5.00%Y $0$1,550,000 $009/03/2020Refunding of 2009 and
2011
BOND2020 $1,550,000
AFR Year Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $12,570,000 $2,965,000 $0 $0$4,890,000 $14,495,000$0
AFR Year Total for All Debt Types - Sums Issued Amts only made in AFR Year $0$0$2,965,000$12,570,000$4,890,000 $14,495,000$0
Page 76
For Bonds Issued During The Fiscal Year Ended 2020
TOWN OF Ithaca
Maturity Schedule
For the Fiscal Year Ending 2020
text EDPCODE
For State Comptroller Use Only
Total Principal 2P3PR 3,340,000
Date of Issue 2P3DT 9/3/2020
Interest Rate 2P3PC 5.00000
2P3DM 8/15/2035Final Maturity Date
Amount of Principal Redeemed in or to be Redeemed in Fiscal Year ending in (The Last Two
Digits of the EDP Code Correspond to the Fiscal Year Ended)
Purpose of Issue
Indebtedness No.
text
2020000001
Various capital projects
2P3CE
2P321 170,000
2P322 170,000
2P323 180,000
2P324 190,000
2P325 195,000
2P326 205,000
2P327 215,000
2P328 230,000
2P329 240,000
2P330 245,000
2P331 250,000
2P332 255,000
2P333 260,000
2P334 265,000
2P335 270,000
Page 77 OSC Municipality 500342300000
For Bonds Issued During The Fiscal Year Ended 2020
TOWN OF Ithaca
Maturity Schedule
For the Fiscal Year Ending 2020
text EDPCODE
For State Comptroller Use Only
Total Principal 2P3PR 1,550,000
Date of Issue 2P3DT 9/3/2020
Interest Rate 2P3PC 5.00000
2P3DM 8/15/2031Final Maturity Date
Amount of Principal Redeemed in or to be Redeemed in Fiscal Year ending in (The Last Two
Digits of the EDP Code Correspond to the Fiscal Year Ended)
Purpose of Issue
Indebtedness No.
text
2020000002
Refunding of 2009 and 2011
2P3CE
2P321 215,000
2P322 165,000
2P323 180,000
2P324 185,000
2P325 100,000
2P326 105,000
2P327 110,000
2P328 115,000
2P329 120,000
2P330 125,000
2P331 130,000
Page 78 OSC Municipality 500342300000
TOWN OF Ithaca
Schedule of Time Deposits and Investments
For the Fiscal Year Ending 2020
EDP Code Amount
CASH:
On Hand 9Z2001 $700.00
Demand Deposits 9Z2011 $13,955,657.00
Time Deposits 9Z2021 $8,000,000.00
Total $21,956,357.00
COLLATERAL:
- FDIC Insurance 9Z2014 $500,000.00
9Z2014A $23,736,537.00
INVESTMENTS:
- Securities (450)
Book Value (cost)9Z4501
Market Value at Balance Sheet Date 9Z4502
9Z4504A
- Repurchase Agreements (451)
Book Value (cost)9Z4511
Market Value at Balance Sheet Date 9Z4512
9Z4514A
$24,236,537.00
Collateralized with securities held in
possession of municipality or its agent
Collateralized with securities held in
possession of municipality or its agent
Collateralized with securities held in
possession of municipality or its agent
Total
Page 79 OSC Municipality Code 500342300000
Bank
Account
Number
Bank
Balance
Add:
Deposit
In Transit
Less:
Outstanding
Checks
Adjusted
Bank
Balance
*****-2604 $936 $0 $0 $936
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $369 $0 $0 $369
*****-2604 $390 $0 $0 $390
*****-2604 $510 $0 $0 $510
*****-2604 $1 $0 $0 $1
*****-2604 $8,375 $0 $0 $8,375
*****-2604 $5,348 $0 $0 $5,348
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $3,876 $0 $0 $3,876
*****-2604 $1 $0 $0 $1
*****-4708 $805,524 $0 $0 $805,524
*****-2360 $12,534,370 $0 $0 $12,534,370
*****-8038 $561,999 $0 $561,999 $0
*****-2604 $17,181 $0 $7,595 $9,586
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-1129 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-2604 $1 $0 $0 $1
*****-3988 $1 $0 $0 $1
*****-3996 $1 $0 $0 $1
OSC Municipality Code 500342300000Page 80
TOWN OF Ithaca
Bank Reconciliation
For the Fiscal Year Ending 2020
Include All Checking, Savings and C.D. Accounts
Bank
Account
Number
Bank
Balance
Add:
Deposit
In Transit
Less:
Outstanding
Checks
Adjusted
Bank
Balance
*****-2604 $13,732 $0 $0 $13,732
*****-2604 $3,028 $0 $0 $3,028
*****-2244 $1 $0 $0 $1
*****-9904 $8,000,000 $0 $0 $8,000,000
Total Adjusted Bank Balance
Petty Cash
Adjustments
Total Cash 9ZCASH *
Total Cash Balance All Funds 9ZCASHB *
* Must be equal
$21,386,064
$900.00
$.00
$21,386,964
$21,386,963
OSC Municipality Code 500342300000Page 81
TOWN OF Ithaca
Bank Reconciliation
For the Fiscal Year Ending 2020
Include All Checking, Savings and C.D. Accounts
TOWN OF Ithaca
Local Government Questionnaire
For the Fiscal Year Ending 2020
Response
Yes
No
Yes
No
Does your municipality have a written procurement policy?
Have the financial statements for your municipality been independently audited?
If not, are you planning on having an audit conducted?
Does your local government participate in an insurance pool with other local
governments?
If yes, has your municipality used the results to design the system of internal
controls?
Yes
1)
2)
3)
4)
5)
6)
7)
9)
8)
Has your municipality prepared and documented a risk assessment plan?Yes
Does your municipality have a Capital Plan?Yes
Does your municipality have a Length of Service Award Program (LOSAP)
for volunteer firefighters?
No
Does your local government participate in an investment pool with other local
governments?
No
Have you had a change in chief executive or chief fiscal officer during the last
year?
Has your Local Government adopted an investment policy as required by
General Municipal Law, Section 39?
No
Yes
Page 82
TOWN OF Ithaca
Employee and Retiree Benefits
For the Fiscal Year Ending 2020
# of Retirees# of Full
Time
Employees
# of Part
Time
Employees
Total
Expenditures
(All Funds)
Account
Code
Description
2156$581,024.0090108State Retirement System
90158 Police and Fire Retirement
90258 Local Pension Fund
56 26$307,371.0090308Social Security
56 26$109,655.0090408Worker's Compensation
Insurance
56$8,149.0090458Life Insurance
$2,845.0090508Unemployment Insurance
56$5,295.0090558Disability Insurance
21481$1,034,280.0090608Hospital and Medical
(Dental) Insurance
90708 Union Welfare Benefits
90858 Supplemental Benefit Payment to
Disabled Fire Fighters
91890 Other Employee Benefits $53,909.00
56Total Full Time Employees:
Total Part Time Employees:
Total
Computed Total From Financial
Section (comparative purposes only)
$2,102,528.00
$2,102,528.00
Page 83 OSC Municipality 500342300000
TOWN OF Ithaca
Energy Costs and Consumption
For the Fiscal Year Ending 2020
Units Of
Measure
Total VolumeTotal
Expenditures
Energy Type Alternative
Units Of
Measure
gallons19,764$33,264Gasoline
gallons15,682$28,031Diesel Fuel
gallonsFuel Oil
cubic feet14,125$14,492Natural Gas
kilowatt-hours907,406$161,514Electricity
tonsCoal
gallonsPropane
Page 84 OSC Municipality 500342300000
CERTIFICATION OF CHIEF FISCAL OFFICER
and filed by means of electronic data transmission.
Donna Shaw Rod Howe
Name of Report Preparer if different
than Chief Fiscal Officer
Name
(607) 273-1721 Supervisor
Telephone Number Title
215 N. Tioga Street
Official Address
07/01/2021 (607) 273-1721
Date of Certification Official Telephone Number
, hereby certify that I am the Chief Fiscal Officer ofRod Howe
By entering the personal identification number assigned by the Office of the State Comptroller to me as
Town of Ithaca , and that the information provided in the annual
I,
the
the Chief Fiscal Officer of the
annual financial report, I am evidencing my express intent to authenticate my certification of the
my signature for use in conjunction with the filing of the 'sTown of Ithaca
Town of Ithaca , and adopted by me as
and correct to the best of my knowledge and belief., is TRUE
financial report of the Town of Ithaca , for the fiscal year ended 12/31/2020
Town of Ithaca's annual financial report for the fiscal year ended 12/31/2020
Page 85 OSC Municipality Code 500342300000
TOWN OF Ithaca
Financial Comments
For the Fiscal Year Ending 2020
(TC) CUSTODIAL
Adjustment Reason
Move balance from TA FundAccount Code TC8012
Page 86 OSC Municipality Code 500342300000