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HomeMy WebLinkAbout2020 Annual Report submitted to NYS ComptrollerAll Numbers in This Report Have Been Rounded To The Nearest Dollar ************************************************************************************************************************************* 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