Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
2000
LEGAL NOTICE NOTICE IS HEREBy GIVEN ~that the Amlua]l Finmlctal Re ~ o ~e To~ of Sou~old got ~e F~ ~ b~ess da~ ~d ho~rs Monday Ye~ ~ ~ ~ ~e ~ ~e South01d through Ffiday~ 8 ~ a m ~ 4 00 m To~ ~erk, ' . .... P. , New York, ~d is av~able for public SO--OLD TO~ CLERK ~sp~cfion and ~py~g d~g r~- ~5-1~y3 STATE OF NEW YORK) )SS: COUNTY OF SUFFOLK) / of Mailituck, ,n said t~, l:~ du~y sworn, says that he/sh~ is Pdncipa~ clerk of THE SUFFOLKT~MES, a weekly ne~f~per~ pub- iished at Maliiluck, in the Taw~ of Souiho{d, Cou~iy of Su~olk and State of New Ya~ and that the Notice of which the an~xed is a printed copy, has been regularly pub- iished in said J of Newspaper once each week weeks success/rely, commencing the ~ day 30/04 '01 M0N 12:03 FAX 516 765 6145 SOETKOLD CLERK ~001 *** TX REPORT TRANSMISSION OK TX/RX NO CONNECTION TEL CONNECTION ID ST, TIME USAGE T PGS SENT RESULT 2460 2983287 Suffolk Times 30/04 12:02 00'53 2 OK Towm Hall. 53095 Main Road P.O. Box 1179 Southold. New Yor~; 11971 Fax (681) 765-6145 Telephone (681) 765-1800 OFFICE OF THE TO%UN CLERK TOW'N OF SOUTHOLD FAX TRANSi~TTAL TO: FROi~I: DATE: RE: SUFFOLK TIMES ~ ATTENTION CHRISTINE WEBER BETTY NEVILLE 4/3~)/01 Legal Notice for publication on Thursday~ M~y 3~ 200L 2000 Annual Financial Re~ort Number of pages being fa.xed 2 including cover page If total transmhtal is not received, please call 51 fax 516 765~6145 PLEASE PUBLISH ONCE ON THURSDAY:..1VIAY 3, 2001 AND FORWARD TWO AI~[DA¥]TS OF PUBLICATION TO: Elizabeth Neville, Po Box 1179, Southolcl, NY 11971. ELIIZABET~7. A. N~gV~LLE TOWN CLER~ REGISTRAR OF ~T~ STATISTICS ~R~GE OFFICER RECORDS ~AGEMENT OFFICER FREEDOM OF INFO~TION OFFICE~ Town Hail. 53095 Main Road P.O. Box 1179 Souihaid, New York 11971 Fax (631] 765-6145 Telephone (631) 765-1800 OFFICE OF THE TOWN CLEI~I4 TOWN OF SOUTHOLD FAX TRANSMITTAL TO: FROM: DATE: RE: SUFFOLK TIMES - ATTENTION CHRISTINE WEBER BETTY NEVILLE 4/30/01 Legal Notlce for publication on Thursday~ May 3~ 2001. 2000 Annual Financial Report Number of pages being faxed 2 including cover page If total transmittal is not received, please eau 516 765-1800. fax 516 765-~5145 PLEASE PUBLISH ONCE ON THURSDAY, MAY 3, 2001 AND FORWARD TWO (2) AFFIDAVITS OF PUBLICATION TO: Elizabeth Neville, Po Box ! 179, Southold, NY 11971. 2000 Annual Financial Report. Please acknowied~e receipt of this request by signing below and returning by fax to 765-6145. attention: Betty Neville. Thank you. Received By Date LEGAL NOTICE NOTICE IS HEREBY GIVEN that the Annual tVinancial Report of the Town of Southold for tlie Fiscal Year 2000 is on tile in the Southold Town Clerk's Office, Southold Town Hall, 53095 Main Road, Southold, New York, and is available for public inspection and copying during regular business days and hours Monday through Friday, 8:00 A.M. to 4:00 P.M. Dated: April 26, 2001. ELIZABETH A. NEVILLE SOUTHOLD TOWN CLERK PLEASE PUBLISH ONCE ON MAY 3, 2001, AND FORWARD TWO (2) AFFIDAVITS OF PUBL[CATIDN TO ELIZABETH NEVILLE, SOUTHOLD TOWN CLERK, TOWN HALL, PO BOX 1179, SOLITHOLD, NY 11971. Copies to the follow/rig: The Suffolk Times Town Board Members Town Attorney Town Comptroller Town Clerk's Bulletin Board LEGAL N©TICE NOTICE IS I~EREBY G][VEN that the Annual Financial Report of the Town of Southold for the Fiscal Year 2000 is on file in the Southold Town Clerk's Of Sce, Southold Town Hall, 53095 Main Road, Southold, New York, and is available for pubhc inspection and copying dmfng regular business days and hours Monday tBrough Fr/day, 8:00 A.M. to 4:00 P.M. Dated: April 26, 2001. ELIZABETH A. NEVBLLE SOUTHOLD TOWN CLERK PLEASE PUBLISH ONCE ON MAY 3, 2001, AND FORWARD TWO (2) AFFIDAVITS OF PUBLICATION TO ELIZABETH NEVILLE, SOUTHOLD TOWN CLEP,2%. TOWN HALL, PO BOX 1179. SOUTHOLD. NY 1 i97I Copies to the following: The SuffoLk Times Town Board Members Town Attorr~ey Town Comptroller Town Clerk's Bulletin Board STATE OF NEW YORK ) SS: COUNTY OF SUFFOLK} ELIZABETH A. NEVILLE~ Town Clerk of the Town of Southold. New York being duly sworn, says that on the 3~:~ day of April ,2001, she affixed a notice of which the a~nexed printed notice is a true copy, in a proper and substantial mariner, in a most public place in the Town of Southold. Suffolk County, New York, to wit: Town Clerk's Bulletin Bo=rd, Southo[d Town Hail, 53095 Main_ Road,_Southol_d, New York. 2000 ANNUAL FINANCILA REPORT OF TM TOWN OF SOUTI~IOLD FOR THE ~qSCAL YEAR 2000 FOR PUBLIC INSPECTION. Southold Town Clerk Sworn to before me tkis 30t_l~tay of April , 2001, JOYCE~.W~LKtNS LEGAL NOTICE NOTICE IS HEREBY GIVEN that the Annual F~naneial Repor~ of the Town of Southold for the Fiscal Year 2000 is on file in the Southold Town Clerk's Office, Southold Town Hall, 53095 Main Road, Southold, New York, and is available for public inspection and copying during regular business days and hours Monday through Friday, 8:00 A.M. to 4:00 P.M. Dated: April 26, 200I. ELIZABETH A. NEVILLE SOUTHOLD TOWN CLERK PLEASE PUBLISH ONCE ON MAY 3, 200i, AND FORWARD TWO (2) AFFIDAVITS OF PUBLICATION TO ELIZABETH NEVILLE, SOUTHOLD TOWN CLERK, TOWN HALL, PO BOX 1179, SOUTHOLD, NY 11971. Copies to the following: The Suffolk Times Town Board Mm-nbers Town Attorney Town Comptroller Town Clerk's Bulletin Board STATE OF NEW YORK ) SS: COUNTY OF SUFFOLK) ELIZABETH A. NEVILLE, Town Clerk of the Town of SouthoId, New York being duly sworn, says that on the :10th day of~~r[[ ~ 2001, she affixed a notice of which the annexed printed notice is a true copy, in a proper and substantial manner, in a most public place in the Town of Southold, Suffolk County, New York, to wit: Town Clerk's Bulletin Board, Southold Town Hail, 53095 Main Road, Southold, New york. 2060 ANNUAL FINANCILA REPORT OF THE TOWN OF SOUTHOLD FOR THE FISCAL YEAR 2009 FOR PUBLIC INSPECTI[ON. Eliz~eth A. Nexiille ~ Southold Town Clerk Sworn to before me this 30tbdayofAprig , 2001. Notary Public Ali Numbers in This Report Have Been Rounded To The Nearest Dollar ANNUA_ FINANCIAL REPORT UPDATE DOCUMENT For The TOWN of Southold County of Suffolk For The Fiscal Year Ended AUTHORiZATiON ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL LAW: 1. ***Every Municipal Corporation *** shall annually make a report of its financia condition to the Comptroller, Such repor~ shall be made by the Chief Fiscal Officer of such Municipal Corporation *** 5. All reports shall be certified by the officer making tne same and shall De filed with the Corr ~troller within sixty oays after the close of the fiscal year of such Municipal Corporation *** It shall be the duty of the incumbent officer at the time such reports are required to be filed with me Comptroller to file such report *** State of NEW YORK Office of The State Comptroller Division of Munic pa[ Affairs Albany, New York 12236 Page 1 CERTIFICATION OF FISCAL OFFICER * I, JEAN W. COCHRAN, CERTIF'Y THAT I AM TI4d5 CHIEF FISCAL OFFICER AND THAT THE INFORMATION INCLUDED HEREIN IS TRUE AND CORRECT TO IltE BEST OF MY KNOWLEDGE AND BELIEF. SIGNATURE: TITLE: SUPERVISOR 53095MAINROAD SOUTHOLD, NY 11971-0959 APRIL25,2001 (631}765-4333 OFFICIAL ADDRESS: DATE: TELEPHONE: CERTIFICA~ONPAGE TOWN OF Southold *** FINANCIAL SECTION 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 1999 and has been used by the OSC as the basis for preparing this update document for the fiscal year ended 2000: (A) GENERAL (BI GENERAL TOWN-OUTSIDE VG (CD) SPECIAL GRANT (DA) HIGHWAY-TOWN-WIDE (DB) HIGHWAY-PART-TOWN (H) CAPITAL PROJECTS (K} GENERAL FIXED ASSETS (SF) FIRE PROTECTION (SM) MISCELLANEOUS (SP) PARK (SR) REFUSE AND GARBAGE (SS) SEWER (TA) AGENCY ON) GENERAL LONG-TERM DEBT All amounts included in this update document for 1999 reBresent data filed by your government with OSC as reviewed and aujusted where necessary, *** SUPPLEMENTAL SECTION *** The Supplemental Section includes the following sections: 1 ) Statement of Indebtedness 2) Schedule of Securities for Co~ateralization 3) Schedule of Time Deposits and Investments 4) Investment Certification 5) Bank Reconciliation 6) Local Government Questionnaire All numbers in this report will be rounded to the nearest dollar, Page 2 TOWN OF Southold Annual Update Document For the Fisca Year Ending 2000 (A) GENERAL Balance Sheet Assets Cash 7.190.159 A200 6.891.703 Cash In Time Deposits 3,435,259 A201 3.169.647 ~et[y Cash 250 A210 250 Cash With Fiscal Agent 10.000 A223 10.000 7axes Receivable Current 53.768.224 A250 56.301.351 Accoun;s Receivable 4.134 A380 197.971 State & Federal. Other 85.963 A410 194 Due From Other Funds 39.389 A391 513.097 Due From Other Governments 551.806 A440 154,188 nvenmry 1.071 A445 1.516 Prepaid Expenses 40.210 A480 21.722 TOTAL Prepaid Expenses 40,210 21,722 TOTAL Assets 65.127,465 67,261,640 Page 3 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Balance Sheet Liabilities And Fund Equity Accounts Payable OverpaymenTs & Clearing Account Due To Other Funds TOTAL Due To etna;' Funds Ii)ua To O!her Governments TOTAL Deferred Revenues TOTAL ;.iab~lities TOT.~% Resen/e Fo' ,=ncumbrances nsuranca Rosary.3 TOTAL Speciat Reserves unreserved Fund BaJance Appropriated TOTAL Unreserved Fund Balance - Appropriated Unreserved Fund Balance Unappropriated TOTAL Unreserved Fund Balance -Unappropriated TOTAL Fund Equity TOTAL Liabilities And Fund Equity 323,403 A600 426.723 33 A690 6.281.768 A630 6.156.598 8;28t.786 6,15~,598 45.133.958 A631 46.568 9.734.662 A691 11.010.648 9,734.662 t 1 ,O 10,848 6! ,473,824 64,160,680 A821 78.284 0 78.284 397.367 A863 136.823 397,367 136.823 1,320,000 A910 !.320.000 !;320,000 1,320,000 1.936,274 A911 1.566.454 1.936.274 1,568,454 3.653,641 3,101.569 65,127,465 57.261.640 Page 4 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For tne Fiscal Year Ending 2000 ('A) GENERAL Results of Operation Detail Revenues And Other Sources Reel Proper~ Taxes 9.433.481 A1001 9,720.896 Other Payments n Lieu of Taxes 470 A108' 7.584 Interest & Penalties On Real Prop Taxes 44,786 A1090 42.602 Non Pros Tax Dist By Coun~ 287.344 A1120 494,722 Clerk Fees Police Fees Charges-Programs For The Aging Park And Recreational Charges Ssec~a~ Recreational Facility Charges Other Home & Community Services Income 2.025 A1230 2,035 5.570 A1255 5.298 6.252 A1520 4.722 142,993 A1972 146.281 80.283 A200' 85.570 51,280 A2025 27.985 A2189 33.825 General Services inter Government 62.654 A2210 14.3,510 Programs For Aging. Other Govts 86.129 A23§t 106.171 Misc Revenue Other Govta A2389 3.139 Interest And Earnings 356.657 ,~2401 404.423 Rental of Real Property 96.005 A2410 109.040 Rental Other (specify) 104,464 A2440 64.382 Commissions 8 A2450 186 Bingo Licenses 1.101 A2540 1.241 Dog Licenses 13.501 ,~?.544 10,946 Permits. Other 147.941 A2590 193.633 Fines And Forfeited Bail 90.836 A261( 87.804 Forfeitures of Deposits 470 A2620 395 Sales of Scrap & Excess Materials 13.268 Minor Sa]es. Other 370 Insurance Recoveries 18.914 Refunds of Prior Year's Exsenditures 179 Gifts And Donations 32.583 Unclassified ',specify) 62.896 A2650 45 ~2655 3.910 ~2680 278.786 A2701 120 A2.705 33.763 A2770 52,708 St Aid. Mortgage Tax St Aid. Real Proper~y Tax Administration St Aid - Other tspecify) St Aid. Mental Health St Aid. Youth Programs 939.887 A3005 780.852 35.175 A3040 27~264 57.262 A3089 6.466 8.112 A3490 31.635 A3820 31.635 Page 5 DSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 fA) GENERAL Results of Ooeration Detail Revenues A~d Other Sources St Aid Emergency Disaster Assistance &3960 1.024 Federal Aid - Other 996 A4089 Fed Aid Other Public SafebJ 40.439 &4389 Fed Aid, Programs For Aging 86,405 &4772 89.164 Fed Aid, Emergency Disaster Assistance &4960 7,275 nterfund Transfers 842.681 A5031 1.060.986 Page 6 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Results of Ooeration Deta[~ Expenditures And Other Uses Legislative Board, Pers Serv 88.296 A10101 94.792 Legislative Board. Contr Exdend 118.183 A10104 73.718 Municidal Court. Pers Sen/ 269.884 All 101 270.025 Munidda[ Court. Eou[p & Cap Outlay 512 Al1102 5.916 Municioal Court. Contr Expend 32.737 Al 1104 33.904 Superv~sor, pers Sen/ 142,598 ~.12201 151.556 Supervisor, contr Expend 5.176 A12204 5.369 Dir of Finance Pets Serv Dir of Finance, EauiD & Cap Outlay Dir of Finance. Contr Exdend 142.990 A13101 158.553 6.485 A13102 6.990 10.678 A13104 10,461 Auditor. Contr ExDena 26.500 A13204 16,000 Tax Co]]ect]on.,pers Serv Tax Co]]ec'[ion,equip & Cap Outlay Tax Co]]ection.contr Expend 55,780 A13301 60.148 A13302 2,228 4.336 ~13304 3.356 251.287 A13551 259.296 779 A13552 1.871 18,537 A13554 9.496 Assessment Pers Serv Assessment Equip & Cap Outlay Assessment Contr ExDend Clerk.pets Sen/ 226.732 A14101 238,773 Clerk.equip & Cap Out]ay 764 A14102 725 Clerk.contr Exdend 7,944 A14104 7.134 LaW. Porn Sen/ 117.547 A14201 131.428 Law. Eduid & Cap Outlay 5,099 A14202 1.437 Law. Contr Exdend 38,046 A14204 25.388 Engineer. Pets Serv 48,097 A14401 49.847 Engineer, Equip & Cap Outlay A14402 497 Engineer. Contr Expend 8,032 A14404 10.601 Public Works Admit Pers Serv 41.228 A14901 42.852 Public Works Admin, Contr Expend 286 A14904 429 Buildings. Pers Serv 151.445 A16201 262,449 Buildings, Equip & Cap Outlay 57.496 A16202 56.485 Buildings, Contr Expena 225.438 ~.16204 340,703 Central Garage, Equip & Cap Outlay 41.303 &16402 31.164 Central Garage, Contr Expend 9.821 A16404 10.925 Page 7 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Results of Operation Detail Expertditures And Other Uses Centra Print & Mail Equip & Cap Outlay Central Pdnt & Mail.contr Expen(] 15.068 A16702 15.709 44.282 ~16704 45.646 53,984 A18801 87.755 3.517 A16802 1.444 65.473 A16804 78.169 Central Data Process, Pers Serv Cenba[ Data Process & CaD Outlay Central Data Process. Contr Expend Unallocated insurance, Contr Exoend 276.864 A19104 230.112 Municipal Assn Dues. Contr ExPend TOTAL Munic[pa~ .~sn Dues TOTAL General Govern..'.~ent Suppo~ Public Safety Corem Sys. =ers Serv Public Safety Corem Sys, Equip & Cap Outlay Public Safety Corem Sys. Contr ExDend 1.200 A19204 1.200 ~.260 1,208 2~614.424 2.834,ti5! 488,139 A30201 489.372 8,869 A30202 9.861 37,525 A30204 35.777 Police. Pers Serv 3.626.876 A31201 4,119,526 Police. Equip & Cap Outlay 177.821 A31202 "94,840 Police, Contr Expene 198.524 A31204 240.532 Traffic Control. Equip & Cap Outlay A33102 5.689 Traffic Control, Contr Expert 20.825 A33104 15,749 Fire De~)ar~mem. Contr Expena 1.390 A34104 Control of Animals, Contr Expena 126.000 A35104 132.000 Examining Boards. Pets Serv 2.198 A36101 3.935 Examining Boards, Contr Expene 4.763 A36104 4.085 Civil Defense Pers Serv 1.385 A36401 2.046 Civil Defense Equip & Cap Outlay 1.344 A36402 1,098 Civil Defense Contr Expend 2.104 A36404 2.308 TOTAL Civil Defense 4;833 5,4§2 'I:0;¢AL Publix'Safety 4,697,763 5,256,8~ 9 Public Health. Pets Serv 6,960 A40101 9~685 Public Health. Contr Exeend 600 A40104 Narcotic Guid CounciL. Contr Expend 32.988 A42104 32.988 TOTAL Narcctic Guid Counci! 32,988 32.988 TOTAL Heaith 46,848 42.873 StreetAdmin Pets Serv 157.119 A50101 166.695 Street Lighting, Pers Serv Street Lighting, Equip & Cap Outlay Page 8 44.276 &51821 45.402 6.336 A51822 7,055 OSC Municipality Code 470379000000 TOWN OF Southold Annual Uedate Document For the Fiscal Year Ending 2000 (A) GENERAL Results of Ooeration Detai~ Expenditures Arid Other Uses Street Lighting, Contr Expend 85,102 A51824 89.666 Off-Street Parking, Contr Expend 17.659 A56504 31.669 TOTAL Off-Street ~arking !?',659 3! ,669 TOTAL %ranaportation 3!0,492 340,487 Publicity. Cone Exaend 40.000 A64104 40.000 Programs ForAging, Pers Se~v 413.755 A67721 Programs For Aging, Equip & Cap Outlay 4.812 A67722 Programs ForAging, Contr Expend 183,923 A67724 TOTAL Programs For Aging .... 602,490 TOTAL Economic Assistance A[~d'Opportunity 642,490 Recreation Admini Pers aery 98.293 A70201 Recrea6on Admini. Equip & Cap Outlay A70202 Recreation Admini Contr Expena 76.971 A70204 469.575 885 182.497 852.957 692.957 103.501 880 83.269 Parks Pars Serv 76.152 ~.71101 Parks. Equip & Cap Outlay 49.530 A71102 Parks, Contr Expend 42,725 A71104 Special Rec Facility, Pers Serv Special Rec Facility, Contr Expend 52.388 &71801 7,804 &71804 84.737 6.630 Library, Contr Expenc 45.000 &74104 45.000 Historiar., Pars Serv Historian. Equip & Cap Outlay Historian. Conk Expend 11.808 A75101 12.162 &75102 1.770 1,525 &75104 1.074 Historical Proper[y, Pera Serv Historical Property, Contr Expend 570 &75201 2.803 356 &75204 1.313 Celebrations Contr Expend T,~ TAL C~.lebratio~-.s TO~/AL Cult u,,'e And :Recreation Planning, Contr Expend 981 A75504 1.084 981 ~,084 464.103 32~222 &80204 202 Environmental Conko[. Contr Expena 97~774 A80901 111.932 3.310 A80904 3,559 Refuse & Garbage. Contr Expend 3.334 A81604 10.142 Corem Beautiflcatier., Equip & Cap Outlay A85102 3.139 Shade Tree. Pars Serv 219 A85601 585 Page 9 OSC Municipality Cede 470379000000 TOWN OF Southo]d Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Results of Operation Detail Expend[tares And Other Uses Shade Tree, Contr Exoend 12,275 A85604 22.235 Conservation, Pers Serv A87101 17.075 Conservation. Equip & Cap Outlay A87102 3.877 Conservation. Contr Excend A87104 2.159 Fish And Game. Contr Expend 17.600 A87204 18.000 Cemetery, Contr Expend 6 A88104 Misc Home & Comm Serv. Pets Serv Misc Home & Comm Serv. Equip & Cap Outlay Misc Home & Corem Serv. Contr Expend TOTAL Misc Home & Corem Serv TOTAL .Home And Community Sen/ices State Retirement Systerr Police & Firemen Retirement. Empl Bnffs Social Secudb/, Employer Cont Worker's Compensation. Empl Bnffs Unemployment Insurance. Empl Bnfts Disability Insurance. Empl Bnrts Hospital & Medical (dental) Ins, Empl Bnrt Other Employee Benefits (spec) 45.085 A89891 48.329 269 A89892 1,174 A89894 1.682 46,528 50.01~ !81,046 242,922 10.903 A90108 14.434 69.924 A90158 88,080 487,416 A90308 530,930 59.231 A90408 101,070 11,960 A90508 10.731 59.783 A90558 76.665 1,324,105 A90608 1.961.124 A90898 1.250 Debt Principal. Sedal Bonds Debt PrinciDal. Bond Anticipation Notes 545.512 A97106 625.512 206,703 A97306 193.000 Debt Interest. Sedal Bonds 412,585 A97107 427,277 Debt interest. Bond Anticipation Notes 15.978 A97307 17.134 Transfers. Other Funds 835,227 A99019 771.546 Page 10 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Changes in Fund Equity ANALYSIS OF CHANGES iN FUND EQUITY Fund Equity-Beginning of Year Restated Fand Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity-End of Year 3,430,798 A802t 3,853,841 3,430,798 A8022 3,653,641 13,213.037 14,001,405 12.990.193 14.553.485 3,653,641 A8029 3,101,56t Page 11 OSC Municipality Cede 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Budget Summaw Estimated Revenues And Other Sources Est Rev - Real Proper~y Taxes A1049B 9,720.896 Est Rev - Real Propert7 Tax Items A1099B 38.235 Est Rev - Non Proper[y Tax Items A1199B 572.000 Est Rev- Depar~men[a~ income A1299B 267.850 Est Rev- intergovernmental Charges A2399B 68,400 Est Rev - Use of Money And ProperbJ A2499B 497.922 Est Rev - Licenses And Permits A2599B 160.300 Est Rev - Fines And Forfeitures A2649B 115.200 Est Rev - Sale of Prop And Comp For Loss A2699B 5.100 Est Rev-Miscellaneous Local Sources A2799B 264.108 Est Rev - Interfund Revenues A2.801B Est Rev - State Aid A3099B 784.847 Est Rev- Federal Aid A4099B Estimated - Interfund Transfer Appropriated Reserve Estimated - Proceeds of Obligations Appropriated Fund Balance 'f'OTAL Estimated Other Sources 9.720.896 0 10.965.967 38,235 0 44.000 572.000 0 570,000 267.850 0 335.150 236.725 168.325 503.002 5,080 499,738 160.300 0 163.950 115,200 0 115.500 236,181 231.081 37.100 283.785 19.677 303.429 0 785.747 900 771.835 0 TOTAL Estimated R~¥enues And Othbr Sources AS031B 1.085.000 1,085,000 A511B A5799B A599B 1,320.000 1.717.367 2.405,000 2,802,367 14.889.858 t5.722,288 0 1,766.200 0 0 397,367 1.320.000 397,357 3.086;200 822~430 1~,892;869 Page 12 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (A) GENERAL Budget Summary Appropriations And Other Uses App - General Government Sucoor~ A1999B 2.916.718 App - Education A2999B App - Public Safety A3999B 5.334.404 App - Health A4999B 42.800 App - TransDo~lation A5999B 374,900 App - Economic Assistance And Opportunity A6999[~ 697.690 App - Culture And Recreation A7999B 575.000 ADD - Home And Community Services A8999B 196.806 App-Employee Benefits A9199B 2,527,100 App - Debt Service A98999 1.510.200 Other Budgetary Purposes A962B App - Interrund Transfer A9999B 724.240 TOTAL Ot,~er Uses 724,240 TOTAL Appropriations A~d Other Uses . t4,899,858 3,033,264 -116.546 3.252.409 0 5.446.412 -112.008 5.584.354 42.986 -186 43.300 374.900 0 374,050 725 090 -27.400 704.350 357.950 217.050 352.900 331.457 -134,651 310.306 3.065,169 -538.069 3,471,000 1.510.200 0 1,747.300 834.860 834,860 15,722,288 0 -110.620 1,052,900 -~I0.620 1o052,600 -822,~30 t6,892,869 Page 13 OSC Municipality Code 470379000000 TOWN OF Southo[d Annual Update Document For the Fiscal Year Ending 2000 (B) GENERAL TOWN-OUTSIDE VG Balance Sheet Cash Cash in Time Deposits State & Federal Receivables Due From Other Funds Prepaid Expenses TOTAL Prepaid Expm;ses TOTAL Assets 27.248 B200 729 520,702 B201 796.101 8,981 B410 272.483 B391 302.831 851 B480 817 851 817 830.265 1.t00.478 Page 14 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (¢) GENERAL TOWN-OUTS[DE VG Balance Sheet Liabi6ties A~d Fund Equity Accounts Payable 74,383 B600 24.287 Deferred Revenues TOTAL Deferred P, evenues :TOTAL Liabilities Unreserved Fund Balance Appropriated TOTAL Unreserved Fu~d Balance - Appropriated Unrosorved Fund Balance Unappropr[a:ed ~'OTAL ~J~reserved Fund Bstance - Unappropriated :TOTAL Fund EqUity TOTAL LiabiJi[ies And Fund E~uity 244.512 B691 519.963 244,512 519.963 318,895 544,250 200.000 B910 200.000 200,000 200,000 311.371 8911 356.229 311,371 356,229 511~371 556.229 830.266 ~,100,478 Page 15 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (B) GENERAL TOWN-OUTSIDE VG Results of Operation Detail Revenues And Other Sources Real Property Taxes 437.734 BI00' 244.112 Other Payments in Lieu of Taxes 14 31081 201 Interest & Penalties On Real Pros Taxes 137 B1090 108 Franchises 84.900 Bf 170_ 90,350 Other General Departmental raceme 7.455 B1289 7.125 Safety Inspection Fees 282.676 B1560 317,669 Public Health Fees 11.310 B1601 12.257 Zoning Fees 45.405 B2110 45.665 Piannthg Board Fees 37.394 B2115 81.059 Misc Revenue, Other Govts 20.000 B2389 20.000 Interest And Earnings 28.804 32401 34,153 Permits, Other 4.900 32590 4.100 Minor Sales Other 8,502 B2655 9.930 Refunds of Pdor Year's Expena~ures Unclassified (specify) 15 32701 2,290 32770 StAid State Revenue Shadn9 69,190 B3001 72,650 St Aid, Other Aid (specify) 96,859 33089 30.522 Page 16 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document =or the Fiscal Year Ending 2000 (B) GENERAL TOWN-OUTSIDE VG Results of Operation Detail Expenditures And Other Uses Law, Contr Exoend 14,066 B14204 35.733 Unallocated Insurance. Contr Expend TOTAL Una]iocated Insurance TOTAL General GoYernmen~ Suppor~ Safety inspection, Pars Serv Safety inspection, Equip & Cap Outlay Safety inspection, Contr Expend 9.043 B19104 8.029 9,043 8,029 23.~0B 43,76t 297.036 B36201 322,666 1,140 B36202 527 8.665 B36204 9,605 Public Health. Pets Serv 5.477 B40101 5,696 Zoning, Pers Serv 94.440 a80101 98.474 Zoning, Equip & Cap Outlay 81 B80102 Zoning, Contr Expena 6,503 B80104 6.234 Planning, Pets Serv 203.181 B80201 208.015 Planning, Equip & Cap Outlay 9.154 B80202 189 Planning, Contr Exeend 157.249 B80204 60,655 State Retirement. Emel Bnfts 1.775 B90108 2.349 Socia~ Security, Emp] Bnfts 45,942 B90308 48,806 Worker's Compensation, Empl Bnfts 4.703 B90408 8.025 Disability insurance. Err3l Bnfts 7.589 B90558 10.053 Other Employee Benefits (spec) B90898 3.125 Debt PdncinaL Serial Bonds 3,627 B97106 3.627 Debt Interest, Serial Bonds 1.893 B97107 1.676 Transfers. Other Funds 81.522 B99019 91.562 Page 17 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For tl~e Fiscal Year Ending 2000 (B) GENERAL TOWN-OUTSIDE VG Changes in Fund Equity ANALYSIS OF CHA~GES IN FUND EQUITY Faud Equity - Be9inning of Year Restated Fund Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity - End of Year 327,t72 B8921 511,371 327,t72 B8022 511,371 1.137,285 969.901 953.086 925.043 5tl.371 B8029 556,229 Page 18 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 GENERAL TOWN-OUTSIDE VG Buaget Summary Estimated Revenues And Other Sources Est :~ev - Rea[ Property Taxes B 1049B Est Rev - Real Proper~y Tax Items B 1099B Est Rev - Non Property Tax items B1199B Est Rev - Departmental Income 91299B EsT. ReV. - Intergovernmental Charges B2399B Est Rev - Use of Money And Property B2499B Est Rev - Licenses And Permits B2599B =st Rev- Fines And Forfeitures B2649B =st Rev - Sale of Prop And Comp For Loss B2699B Est Rev-Misceflaneous Local Sources B2799B Est Rev-lnterfund Revenues B2801B Est Rev-State Aid B3099B =st Rev - Federal Aid B4099B Estimated - Inter[und Transfers B5031B Appropriated Reserve B51 lB Estimated - Proceeds of Obligations B5799B ApproPriated Fund Balance B599B TOTAL ~stimated Other Sources TOTAL Estimated Revenues And Other Sources 244.112 244.112 0 282,650 100 100 0 100 85,000 85.000 0 90.000 356.150 358,150 2.000 386.700 0 25,000 25.000 0 28,000 4,700 4.700 0 4,500 0 9.000 9,000 0 9.000 0 0 69.190 69.190 0 72.650 0 200.000 200,000 993.262 200.000 200,000 995.252 0 0 0 0 200.000 0 200,000 2:000 1,073,600 Page 19 OSC Municipality Code 470379000000 TOWN OF Southold Annual Up(~a~e Document For the Fiscal Year Ending 2000 (B', GENERAL TOWN-OUTSiDE VG Budget Summary Appropdations A~d Other Uses App - Genera] Government Suppo~ App - Pub[[c Safety App - Health App - TransDortstion App-Economic Assistance And Opportunity ADD - Culture And Recreation App - Home And Community Services App - Employee Benefits App - Debt Service Other Budgetary Purposes App - [nteffund Transfer TOTAL Othe¢ Uses TOTAL Appropriations And Other Uses ~1999B 71.000 55.290 15,710 70.000 ~3999B 359.700 361,700 -2.000 372.500 ~4999B 5.950 5.950 0 6.000 ~5999B 0 ~6999B 0 97999B 0 ~8999B 366.025 380.735 -14.710 367.800 B9199B 81.500 85.624 -4.124 80.300 B9899B 5.327 5.327 0 5.900 B962B B9999B 0 103.750 100,626 3.124 171.100 103.750 160,626 3,124 171,100 993,252 985,252 ~,000 1.073.600 Page 20 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (CD) SPECIAL GRANT Balance Sheet Assets Due From Other Funds Due From Other Governments TOTAL D~e From Other Governments TOTAL Assets 25.000 CD391 35.000 15,084 CD440 15,084 0 40,084 35,000 Page 21 OSC Municipa[ity Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (CD) SPECIAL GRAN"[ Balance Shee[ Liabilities And Fund Equity Accounts Payable TOTAL:Accounts Payable TOTAL Liabilities Unreserved Fund Balance Appropriated TOTAL U~reservod Fund Balance - Appropriated TOTAL Fund Equ!tI/ 20.084 CD600 20,08~ 0 20,084: 0 20.000 C0910 35.000 20,000 35,000 20.000 35,000 40,084 35,300 Page 22 OSC Municipality Code 470379000000 TOWN OF Southolc Annual Upaa[e Document For the Fiscal Year Ending 2000 (CD) SPECIAL GRANT Results of Operation Detail Revenues And Other Sources Fed Aid, Community Development Act 66.199 CD4910 137.785 Interfund Transfers 40.000 CD5031 50,000 Page 23 OSC Municipality Code 470379000000 TOWN OF Southo]d Annual Update Document For the Fiscal Year Ending 2000 (CD) SPECIAL GRANT Results of Ooeration Detail Expenditures And Other Uses Rehab Loans & Grant. Equip & Cap Outlay 5.797 CD86682 43,168 Prov of Public Service Contr Expen 80.402 CD86764 129.617 Page 24 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (CD1 SPECIAL GRANT Changes in Fund Equity ANALYS~S OF CHANGES ~N FUND EQUITY Fund Equ[ty-Beginn[n§ of Year CD8021 29,000 ADD ~ REVENUES AND OTHER SOURCES 106.199 187,785 DEDUCT - EXPENDITURES AND OTHER USES 86.199 172.785 Fund Equity-End of Year 20,000 CD8029 35,000 Page 25 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Balance Sheet Cash In Time Deposits 469,464 DA201 494,893 Accounts Receivable 752 DA380 676 Due From Other Funds TOTAL Due From Other Funds TOTAL Asse~ 998.770 DA391_ 1.057.702 998.770 ~, .057,702 i ,468,986 ! ,553,271 Page 26 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Balance Sheet Liabilities And Fund Equity Accounts Payable 34.116 :)A600 51,126 Due To Other Funds 765 3A630 10,272 Deferred Revenues TOTAL D~ferred Revenues TOTAL Liab~llties Unreserved Fund Balance Appropriated 998.005 .3A691 1.102.970 998.~05 I,'~02,970 ,032,886 1.184.368 150,765 3A910 180,000 285,335 3A911 208,904 285,335 208.904 436,106 388,904 .468.986 1,553,271 Unreserved Fund Ba[ance Unappropriated TOTAL Unreserved Fund Balance - Unappr.~priated TOTAL Fund Equity TOTAL Lieb;l~tie$ And Fund F_qu[ty Page 27 OSC Municipality Code 470379000000 TOWN OF $outhold Annual Upaam Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Results of OPeration Detail Revenues And Other Sources Real Proper~, Taxes 965,481 DA1001 998.770 Special Asssessment 8.667 DA1030 -765 Other Payments In Lieu of Taxes Interest & PenalUes On Real Pro~ Taxes 56 DA1081 786 306 DA1090 440 n[erest And Earnings 35.912 DA2401 46.877 Sales of Scrap & Excess Materials 2~000 DA2650 nsurance Recoveries DA2680 7.794 Refunds of Pdor YeaCs Expeno~ures 103 DA2701 nter~und Revenues 8.517 DA2801 7.846 St Aid Other Aid (spedfy) St Aid Emergency Disaster Assistance 1,866 DA3089 DA3960 1,590 Fed Aid Emer Disaster Assist DA4960 9.539 Page 28 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Results of Operabon Detag Expenditures And Other Uses Maint of Bridges, Pets Serv Maint of Bridges, Contr Expend DA51201 536 DA51204 603 Machinery, Pers Sen/ Machinery, Equip & Cap Ou0ay Machinery, Contr Expend 301 058 DA51301 308.494 104~777 DA51302 106.535 98.690 ~A51304 113.279 Brush And Weeds =ersServ 75.808 :)A51401 81,941 Brush And Weeds, Equip & Cap Ougay 495 DA51402 5.814 Brush And Weeds~ Contr Expena 24,512 DA51404 30.185 Snow Removal Pets Serv 128.489 ~A51421 157,196 Snow RemoYaL Equip & Cap Outlay 16.539 :)A51422 15,460 Snow Removal, Contr Expena 40.257 ;)A51424 58.316 State Retirement. Empl Bnfts So6ia] Security, Empl Bnfts Worker's Compensation, Emp[ Bnfts Disability insurance, Empl Bnffs Other Employee Benefits (spec) 1.607 ~)A90108 2.127 38.659 DA90308 42,179 12.993 DA90408 22.172 4.444 DA90558 5.384 DA90898 3.125 Debt Principa Serial Bonds Debt PdnciDah Bond Anticioation Notes 1.515 DA97106 1~515 76.000 DA97306 700 Debt Interest Serial Bonds Debt Interest.. Bond Anticipation Notes 791 DA97107 781823 8.355 DA97307 8,422 Transfers. Other Funds 44.420 DA99019 77.806 Page 29 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Changes in Fund A,NALYS~S OF CHANGES IN FUND EQUITY Fund Equity - Beginning of Year Restated Fund Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity. End of Year 391,135 DA8021 436,100 391,135 DA8022 436,100 ,022,908 1.072.878 977.945 1,120.074 436,t00 DA8029 388,904 Page 30 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Budget Summary Estimated Revenues And Other Sources Est Rev - Real Proper~y Taxes DA1049B Est Rev - Real Prope[ty Tax Items DA1099B Est Rev- Non Proper~y Tax Items DA1199B Est Rev- DeDa~lmenta] Income DA1299B EsT. ReV. - intergovernmental Charges DA2399B Est Rev - Use of Money And Property DA2.499B Est Rev - L cerises And Permits DA2599B Est Rev - Fines And Forfeitures DA2649B Est Rev - Sale of Prop And Comp For Loss DA2699B Est Rev - Miscellaneous Local Sources DA2799B Est Rev- Interfund Revenues DA2801B Est Rev - State Aid DA3099B Est Rev - Federal Aid DA4099B 998.005 998,005 0 1.102.970 400 400 0 400 0 0 0 35.000 35.000 0 35,000 0 0 0 1.000 1.000 0 8.000 7.000 7.000 0 0 0 Estimated - Interfund Transfer DA5031B Appropna[ea Reserve DA51 lB Estimated - Proceeds of Obligations DA5799B Appropriated Fund Balance DA599B TOTAL Estimated Other Sobrces TOTAL Estima-'.ed Revenues And Other Sources 0 0 0 150.765 190.290 39.525 180.000 150,765 190,290 39,525 180.8,80 !,t92,170 t.231,695 39,525 1,326,370 Page 31 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DA) HIGHWAY-TOWN-WIDE Budget Summary Appropriations And Other Uses App - Transportabo~ App - Home And Community Services App - Employee Benefits ADB - Debt Service O[her Budgetary Purposes Interfund Transfers TOTAL Other IJse$ TOTAL Appropd.=tions And Other Uses DA5999B 976.250 976.250 DA8999B DA9199B 69,600 81.204 DA9899B 91.320 92.145 DA962B DA9999B 0 1.075.640 0 -11.604 83.800 -825 89,630 0 55.000 82.096 -27.096 77.300 55,000 82,095 -2?,096 77,300 1 ,~92,170 1,231,695 -39,525 1,326,370 Page 32 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DB) HIGHWAY-PART-TOWN Balance Sheet Cash in Time Depos~[s 273,935 DB201 424.827 Accounts Receivable 517 DB380 7.306 State & Federal Receivables DB410 2,163 Due From Other Funds 1.861.696 DB391 1 988,978 TOTAL Due From Other Fu.c, ds *,,86~.8S8 %988,978 TOTAL Assets 2,135,148 2,423,:~74 Page 33 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DB) HIGHWAY-PART-TOWN Balance Sheet Liabilities And Fund Equity Accounts Payable 36.946 DB600 43,769 Due To Other Funds DB630 23 Deferred Revenues 1,861.460 DB6~! 2.062.089 TOTAL Deferred Re~;'enues 1,861,~60 ,~.082 889 rI'OTAL Liabilit;es !,898;406 2:105,881 Unreserved Fund Balance Appropriated 100,000 DB910 130.000 Unreservee Fund Balance UnapproPriated TOTAL Unreserved Fund Ba{a~ce - Lthappropriated T9T.~[: Fund Equity TOTAL Liabilities .A,~,c Fu.-,d Equity 137.741 DB911 187,393 !37,741 167,393 237,741 317.393 2,136,147 2,423,Z74 Page 34 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DB) HIGHWAY-PART-TOWN Results of Operation Detail Revenues And Other Sources Real Proper~y Taxes 1.789.378 DB1001 1 861.460 Other Payments In LIeu of Taxes 80 DB1081 1,518 Interest & Penalties On Real Proc Taxes 562 DB1090 821 Interest And Earnings 46,574 DB2401 66.828 Permits. Other 2.304 DB2~90 6.830 Insurance Recoveries 1.695 DB2680 17.045 [nter~und Revenues 733 DB2801 1.012 St Aid. Other Aid (specify) St Aid. Consolidated Highway Aid StAid Suburban HwylmprovPro St Aid Emergency Disaster Assistance 1.789 DB3089 223.589 DB3501 223.357 9.468 DB3502 DB3960 874 DB4960 8.243 Fed Aid. Emergency Disaster Assistance Page 35 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DB) HIGHWAY-PART-TOWN Results of Operation Detail Expenditures A~d Other Uses Maint of Streets. Pots Serv 965,904 DB51101. 970,254 Maint of Streets, Contr Exsend 554.869 DB51t04 558 361 Perm Improve H~gnway, Equip & Cap Outlay 210.932 DB51122_ 198,387 State Retirement, Emp ~3nfts Social Security, Empl Bnfts Worker's Compensation. EmD[ Bnfts 3isability Insurance. Empl Bnfts 5.842 DB90108 7.734 73,892 DS90308 74.248 33.000 DB90408 56.311 17.774 DB90558 21.987 Debt Princioal, Serial Bonds 5.509 DB97106 5.509 Debt Interest, Serial Bonds 2.876 DB97107 2.545 Transfers, Other Funds 174,407 DB99019 209.999 Page 36 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DB) HIGHWAY-PART-TOWN Changes in Fund Equi[y ANALYS~S OF CHANGES ~N FUND FQ[JITY Fund Equity - Beginning of Year Restated Fund Equity - Beg af Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity - End of Year 206,577 DBS02'~ 237,741 266,577 DB8022 237,741 2.076.172 2,184,987 2.045.005 2.105.335 237,741 D~8029 317.393 Page 37 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (DB) HiGHWAY-PART-TOWN Budget Summary Estimated Revenues And Other Sources Est Rev - Real Property Taxes DB1049B Est Rev - Real Property Tax Items DB1099B Est Rev - Non Property Tax Items DB1199B Est Rev- Departmental Income DB1299B EsT. ReV. - Intergovernmental Charges DB2399B Est Rev - Use of Money And Property DB2499B Est Rev - Licenses And Permits DB2599B Est Rev- Fines And Forfeitures DB2649B Est Rev - Sale of Prop And Comp For Loss DB2699B Est Rev - Mtscel[aneous Loc, a[ Sources DB2799B Est Rev- Interfund Revenues DB2801B Est Rev - State Aid DB3099B Est Rev - Federal Aid DB4099B 1.861.460 1,861,460 600 600 0 2.062.089 0 600 0 0 0 0 60,000 60.000 60.000 250 250 0 0 0 2,000 2,000 0 13.000 0 223.357 223.357 0 Estimated - Interrund Transfer DB5031 B Appropriated DB511B Estimated - Proceeds of Obligations DB5799B Appropriated Fund Balance DB599B TOTAL' Estimated Other Sources TOTAL Estimzted Revenues And Other Sources 0 0 0 100.000 14%048 ~1.048 130.000 100,000 141,848 ~1,048 1~0,~0c 2.624,310 2,288,715 264.405 2,265,689 Page 38 OSC Municipality Code 470379000000 TOWN OF Southold Annual Upaate Document For the Fiscal Year Ending 2000 (DB) HIGHWAY-PART-TOWN Buaget Summary Appropriations And Other Uses App - Transportation ADD - Home And Community Services App- Employee Benefits App - Debt Service DB5999B 1,644.100 1.892.005 -247.905 ',762,089 3B8999B 0 3B9199B 155.900 172.400 -16,500 176,400 3B9898B 8,060 8.060 0 8,900 Other Budgetary Purposes DBg62B 0 Inteffund Transfers 3B9999B 216.250 216.250 0 318,300 TOTAL Other Us~..s 2'18,250 216,250 0 318,300 · OTA~- Appropriations A~.d Other Uses 2,024,310 2.288,715 -264,405 2,265,889 Page 39 OSC Municipality Code 470379000000 (H) CAPITAL PROJECTS Balance Sheet Assets Cash In Time Deposits Accounts Receivable State & Federal Receivables Due From Other Funds Due From Other Governments TOTAL Due Fr~m Other Governmer~s TOTAL Assets TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 2,197,001 H201 26.088 H380 20,000 H410 265.245 H391 186,935 H440 186.935 2,695,269 3.530.965 841,325 76.195 291.853 281.853 4,740,337 Page 40 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For [he Fiscal Year Ending 2000 CAPITAL PROJECTS Balanco Sheet Liabilities And Fund Equity Accounts Payable 169,028 H600 79.674 Bond Anticipation Notes Payable 2.19! 048 H626 2.218,468 Due To Other Funds 7,359 H630 86.810 TOTAL Due TO Other Funds 7.359 86,8!0 TOTAL Liabilities 2,,367,435 2.384,953 Unreserved Fund B~lance Appropriated 577.074 H910 1.814,485 unreserved Fund Balance Unappropriated -249.240 H911 540.899 TOTAL Unreserved Fund Balance - Unappropriated -249,240 64(}.899: TOTAL Fund F_~uity 327,834 2.355,384 TOT.~,L Liabilities An~ Fa~d Eq*~ity 2,69S,289 4.740.337 Page 41 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (H} CAPITAL PROJECTS Results of Ooeration Detail Revenues And Other Sources Misc Revenue. Other Govts 1.039.501 H23_88 2.316 180 Interest And Earnings 84.714 H2401 184,599 Unclassified (specify) 50,248 H277_0 104,830 St Aid Other Home And Corem Serv 24.200 H39_89 842,024 Fed Aid - Cap Projects 30.800 P14097 InteRund Transfers 375,502 H50~1 151.687 Sedal Bonds 1,900,000 H57!0 Bans Redeemed From ApproPriations 600,664 H5731 1.005.214 Page 42 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (H) CAPITAL PROJECTS Results of OoeFation Detail Expenditures A~qd Other Uses General Govt, Equip & Cap Outlay TOTAL Genera[ Gov~ TOTAL Genre-al Government Support, Highway, Capital Projects 2.542.659 H19972 1.719.190 2,542,559 i,71S.190 2.542,659 1,71~,190 251.573 H51972 34.550 Other Eco & Dev. Equip & Cap Outlay 27.275 H6989~ 5.000 ParKs. Equip & Cap Outlay TOTAL Parks TOTAL Culture And Recreation Sanitation Equip & Cay Outlay 35,000 H71102 133.993 35.009 133,993 35.000 133,993 689.330 H87972 618.621 Debt Interest. Seria~ Bonds Debt Interest Bond Anticipation Notes 60~460 H97107 56.269 14,841 H97307 9.309 Page 43 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (H) CAPITAL PROJECTS Changes in Fund Equity ANALYS~S OF CHANGES IN FUND EQUITY Fend Equity - Becnni~g of Year Restated Fund Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fend Equity - End of Year -156,658 H802'~ 327,833 -156,658 H8022 327,833 4,105,629 4,604.483 3,621,138 2.576.933 327,833 H8029 2,355,383 Page 44 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (K) GENERAL FIXED ASSETS Balance Sheet Buildings Machinery & Equipment TOTAL Fixed Assets (net} TOTAL Assets 10.215.396 K101 12.820.438 7.296.473 K102 9.986.277 13,788,009 K104 13.570.223 31.299,878 36,376,938 31,299,878 35,376,938 Page 45 OSC Municipality Code 470379000000 TOWN OF Southold Annual UPdate Document For the Fiscal Year Ending 2000 (KI GENERAL FIXED ASSETS Balance Sheet Liabilities And Fund Equity nvest General Fxd Assets-Bonds And Notes Invest General Fxd Assets-Current App Invest General Fxd Assets-Gifts Invest Gert Fxd Assets-See Assm nvest General Fxd Assets-State Aid nvest General Fxd Assets-Federal Aid Invest General Fxd Assets-Other TOTAL Investments Ih Fixed Assets TOTAL Fund Equity TDTAL Liabilities A~}d Fu~d Equity 13,135.520 15.446,334 4.100 2,691.508 22.416 31,299;S78 31.299,878 31,299,S78 K151 K1~2 K153 K156 K157 K158 17,327,721 15,606,567 8.185 716.442 4,100 2,691,508 22.416 36~376,938 36:376~38 36.376.938 Page 46 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SF) FIRE PROTECTION Balance Sheet Assets Cash In Time Deeos~[s 83,596 SF201 60.398 Due From Other Funds TOTAL Due From Oti-~er Funds TOTAL Assets 251.126 SF391 270,874 251,126 270.874 334,722 331,272 Page 47 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 [SF) FIRE PROTECTION Balance Sheet Liabilities And Fund Equity Acc<3unts Payable 12.296 SF600 12.152 Deferred Revenues 251.126 SF691. 282.467 %OYAL Deferred Reve.~t~es 25t.126 282.457 TOTAL Liabilities 263.422 294,619 Unreserved Fund Balance Appropnated 35,000 SF910 18,000 Unreserved Fund Balance Unaporoedated 36,300 SF911 18,654 TOTAL Unreserved Fund Balance. U~appr~priated 36.300 t8.654 TOTAL Fund Equity 71.300 36,654 ~'OTAL Lic. bilit~es A~d Fund Equity 334.722 331,272 Page 48 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SF) FIRE PROTECTION Results of Operation Detail Revenues And Other Sources Real Property Taxes 277,060 SF1001 251.126 Interest & Penalties On Rea Prop Taxes 87 SF1090 111 nterest And Earnings 7.682 SF2401 5.510 Refunds of Prior Year's Exsenditures 6,777 SP2701 Page 49 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SF) FIRE PROTECTION Results of Operation Detail Expenditures And Other Uses Fire Protection, Contr Expena 279,086 SF341~0__4 291.393 Page 50 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SF) FIRE PROTECTION Changes in Fund Equity ANALYSIS OF CHANGES IN FUND EQUITY Fund Equity - Beginning of Year Restated Fund Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity - End of Year 68,779 SF802t 71,300 68,779 SF8022 71.300 291.606 256.746 279.086 291.393 71,30(} SF8029 36,654 Page 51 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SM) MISCELLANEOUS Balance Sheet Cash Cash In Time Deposits Petty Cash Accounts Receivable Due From Other Funds TOTAL Due From Ott-.er Funds TOTAL .Assets 23,020 SM200 5.192 568.890 SM201 186,804 1.450 SM210 1.450 297 8M380 134 407,146 8M391 431,902 407,148 431,902 1,000,803 625/,,81 Page 52 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SM) MISCELLANEOUS Ba[ance Sheet Liabilities Arid Fund Equity Accounts Payable 40,378 SM600 85.925 Deferred Revenues 360.000 8M691 365.000 TOT.~L aerO;red Revenues 360,000 365.000 TOTAL Liabilities 400.378 450,925 unreserve(] Fund Balance Appropcated 125.525 SM910 128,150 Unreserved Fund Balance unappropriated TOTAL Unreserved F'und Balance ~ Unappropriated TOTAL Fu~ld Equity TOTAL Liabilities A~d Fund Equity 474.90' SM911 46,407 474,90'I 46,4.07 600.426 174.557 ! .003,804 625,48'J Page 53 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SM) MISCELLANEOUS Results of Ooeration Detail Revenues And Other Sources Real Property Taxes Interest & Penalties On Real Prop Taxes Other Genera[ Departmental Income Misc Revenue Other Govts nterest And Earnings Insurance Recoveries Refunds of Prior Year's Expenditures 300.000 SM10(~I 360,000 78 SM1090 137 1.140.342 SM1289 1,356,312 17,528 SM2389 17,528 32,203 SM2401 20.923 SM2§80 1.498 15 SM2701_ Federal Aid - Other SM4089 640.000 Page 54 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SM) MISCELLANEOUS Results of Operation Detail Expenditures A~d Other Uses Other Gen Govt SupporL Contr Exoend 70.190 SM19894 80.519 nsect Control Pers Serv 17,380 SM40681 31.570 Insect Control. Contr Expend 34.646 SM40684 20.539 insect Control EmDI Bnfts S_Lvl40688 4.504 Other TransportaLion. Pets Serv Other Transnor~ation, Ewuip & Cap Outlay Other Transportation, Contr Expend Other Transpor[at~on, Empl Bnfts TOTAL Other Transpo.~ation TOTAL Transportation Misc Home & Corem Serv Contr Expena TOTAL Misc Home & Corem Serv TCTAL Home And Commd,~it~ Services Debt Principah Seria Bonds 755.281 S~M56801 788.353 315.235 SM56802 1 449.085 144.573 SM56804 212.702 149,645 SM56808 177.315 1,364,734 2.627.455 '~.364.734 2,627,455 18,106 SM89894 15.046 18,I05 15,046 '18,'~ 06 !5,046 26.836 SM97106 26.836 Debt Interest. Serial Bonds 18.157 SM97107 15.796 Page 55 nSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SM) MISCELLANEOUS Changes in Fund Equity ANALYS~S OF CHANGES IN FUND EQUITY Fund Equity - Begin[~ing of Year Res[ated Fund Equity- Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity - End of Year 660,308 SM8021 600,425 660,308 S1~8022 600,425 .490,166 2.396,398 ,550,049 2,822,267 600,425 .S1~8029 174,556 Page 56 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 ISP1 PARK Balance Sheet Cash Cash In Time Deposns Accounts Receivable Due From Other Funds Prepaid Expense TOTAL Prepai(~ Expenses TOTAL Assets 78,766 SP200 13.531 34,685 SP201 193~660 8 SP380 1.854 569.110 SP391 554,000 SP480 16 8 !8 682,269 7§3.081 Page 57 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (sP) PARK Balance Sheet Liabilities And Fund Equity Accounts Payable 15.144 SP600 9,382 Other Liabilities SP688 7,535 Due To Other Governments 2,349 8P63' 971 TOTAL Liabilities Unr~servea Fund Balance Appropriated 569,110 SP691 577.710 569,110 577.7!~ 586,603 595.598 15.000 SP910 57.390 Unreserved Fund Balance Unappropriated TOTAL Uoreae~ed FuNd Balance - Unappropriated TOTAL Fu~d Equity 80.966 SP911 110.073 80,986 110.073 85.966 167,~63 682.569 783,681 Page 58 OSC Municipality Code 470379000000 (SP) PARK Resu]ts of Operation Detai~ Revenues A~d Other Seurces Rea[ Property Taxes nterest & Penalties On Rea] Prod Taxes Misc Revenue. Other Govts interest And Earnings Sales of Scrap & Excess Materials Unclassified (spec[R) TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 529,511 SPlO01_ 569.110 112 SPl090 125 7,701 sP2389 6,413 28.923 sP2401 33,964 sP2680 2.842 9,597 sP2770 7.825 Page 59 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 :SP) PARK Results of Operation Detai~ Expenditures And Other Uses ~arks Pers Serv 209,565 SP71101 235.938 Parks. Equip & Cap Out~ay 119.435 SP71102 95.151 ~arks. Contr Expend 195,640 SP71104 200.724 Parks. Empl Bnfts 15,269 SP71108 16.969 Page 60 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SP) PARK Changes in Fund Equity ANALYSIS OF CHANGES IN FUND EQUITY Fund Equity - Beginning of Year Restated Fund Equity- Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity - End of Year 60,03t SP8021 95,966 60,031 SP8022 95.966 575.844 620.279 539.909 548.782 95,966 $P8829 t67,463 Page 61 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SR) REFUSE AND GARBAGE Balance Sheet Assets Cash 501,016 SR200 287,495 Cash n Time Deposits 641.115 SR20_1 768,380 Petty Cash SR210 230 Accounts Receivable 11,717 SR380 79.241 Due From Other Funds 1.697,431 SR39_1 1.602.463 Due From Other Governments 47.514 SR440 4,5.613 Prepa 3 Expenses 7.959 SR48_0 7,809 TOTAL Prepaid Exp.~ses 7,959 7,889 TOTAL AsseSs 2,906.85-TM 2,79'~,231 Page 62 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SR] REFUSE AND GARBAGE Balance Sheet Liabilities And Fund Equity Accounts Payable 155.923 SR600 228.997 Due To Other Funds 24.400 SR630 19.227 ~eferred Revenues 1.591.129 8R691 1.493.384 TOTAL Deferred Reve~ues 1.59~,,129 ~,493.384 TOTAL Li&biiJties 1,771,452 '~,741.608 Unreserved Fund Balance Appropriated 240.000 SR910 350.000 Unreserved Fund Balance Unappropriated 895.400 SR911 699,623 TOTAL Ur~reserved Fur~d E~alance - Unappropriated 395,408 ~98.823 ~OTAL Fu.~d Equity 1 ;135.480 1,049.823 TOTAL LiebJ;ities And Fu~,d Eouity 2.906.852 2,781.231 Page 63 OSC Municipality Code 470379000000 TOWN OF Southold Annual Upaa[e Document For the Fiscal Year Ending 2000 (SR) REFUSE AND GARBAGE Results of O~)eration Deta[~ P, evenues A~d Other Sources Real Property Taxes Other Payments In Lieu of Taxes nterest & Penalties On Real ProF Taxes Sales Tax (from County) Refuse & Garbage Charges Misc Revenue Other Govts interest And Earnings Permits. Other 1.460.213 SR1001 1.591 336 42 SR1081 21 457 SR1090 494 55,674 SRl120 45.613 1.147,234 SR2130 1.377,506 SR2389 3.505 68.822 SR2401 95.987 123.305 SR2590 128.505 Insurance Recovedes Refunds of Pdor Year's Expenditures S~te Aid Emergency Disaster :edera[ Aid - Other Sales of Scrap & Excess Materials 105,327 SR2650 112,084 23,660 SR2680 4,240 8,740 SR2701 8,830 SR3960 1,220 SR4089 7,322 Page 64 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SR} REFUSE AND GARBAGE Results of O~)eration Detail Expenditures And Other Uses Refuse & Garbage, Pers Serv Refuse & Garbage, Equip & Cap Outlay Refuse & Garbage. Contr Expen(] TOTAL Refuse & Garbage TOTAL Horse Arid Comrsunity Servicee State Retirersen[. Erspl Bnf[s Social Security, Erspl Bnffs Worker's Compensabon. Emol Bnfts Disability Insurance. ErsDI Bnf[s 752,596 SR81601 735.005 27.750 SR81602 388.557 1.430.250 SR81604 1,411.270 2,210,598 2,534~832 2,210,596 2,53~,,832 1,947 SR90108 2.578 57.574 SR90306 56,228 5,028 SR9040_8 8.579 11.215 SR90558 13.253 Debt Principa Bond Anticipation Notes 317.960 SR97306 733.392 Debt Interest, Bond Anticipation Notes 14.314 8R97307 9.680 Transfers OtherFunds 113.999 SR99019 103.898 Page 65 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SR) REFUSE AND GARBAGE Changes in Fund Equity ANALYS3S OF CHANGES ~N FUND EQUITY Fund Equity - Beginn[r~g of Year Prier Period Adj - Decrease In Fund Equity Restated Fund Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES Fund Equity - End of Year 889,031 ~R8021 %13{1,400 14.470 SR8015 874,564 SR8922 1,135,400 2.993.474 3.376.663 2.732.633 3,462.439 1,135,400 SR8029 t,049,624 Page 66 OSC Municipality Code 470379000000 TOWN OF Southold Annual Upoa~e Document For the Fiscal Year Ending 2000 (ss) SEWER Balance Sheet Cash S[~ecial Assessment Receivable Acceun[s Receivable Due From Other Funds TO'f AL Due From Other Fur~ds TOTAL Assets 8.180 SS200 1,185 290,743 SS201 241,267 88370 819 S8380 16,643 11.272 S8391 21.064 1~,27~ 21,064 31~,~5 280,779 Page 67 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SS) SEWER Balance Sheet LiabiIities And Fund Equity Accounts Payable 9.211 SS600 Deferred Revenues SS691 TOTAL Deferred Re lertues TOTAL Liabi:itie~ 9,21 Unreserved Fund Balance Appropriated 95.760 SS910 Unreserved Fund Balance Unappropriated 205.223 SS91 TOTAL Unreserved Fund Balance - Unappropriated 205,223 TOTAL Fund Equity 308,983 TOTAL L~,sbiii.-'.!es And Fund Equity 31~.194 24.330 13,450 13,450 37,780 79.000 163.999 163,99S: 242,999 280,779 Page 68 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SS/SEWER Results of Operation Detail Revenues A~'~d Other Sources Other Payments In Lieu of Taxes Interest & Penalties On SPec Assessmen[s Sewer Charges 12 SS1081 6 SS109t 1 99.582 SS2122 120.386 Sewer Serv Other Govts 28,800 SS2374 28.800 nterest And Earnings t 5,320 SS2401 15.437 insurance Recoveries SS268~ 1,440 Page 69 OSC Municipality Code 470379000000 TOWN OF Southold Annual Upca[e Document For the Fiscal Year Ending 2000 (SS) SEWER Results of Opera[ion Detail ~xpenditures And Other Uses Sewage Treat Disp, Pets Serv 65.387 SS81301 68.582 Sewage Treat Disp, Contr Expend 121.772 SS81304 135.307 TOTAL S., a e r;e.t'Di'S 2 .88s TOTAL Home A~d Community Services 187,1'3~ 203.888 State Retirement, Emp] Bnffs 243 SS90108 322 Social Secud[y. EmDI Bnfts 5.002 SS90308 5.246 Worker's Compensation, EmDI Bnfts 1,161 SS90408 1.981 Disability insurance. Emo[ Bnfts 1,270 SS90558 1.552 Debt Principal. Sedal Bonds 2,000 SS97106 2.000 Debt Interest. Serial Bonds 1.350 SS97107 1.250 Transfers. Other Funds 8.608 SS99019 7,812 Pag6 70 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SS) SEWER Changes in Fund Equity ANALYSIS OF CHANG~:S IN FUND EQUITY Fund Equ[ty-;Beginrfing of Year Restated Fur~d Equity - Beg of Year ADD - REVENUES AND OTHER SOURCES DEDUCT ~ EXPENDITURES AND OTHER USES Fur~d Equity-Er~d of Year 364,084 SS802t 390,983 384,064 SS8022 300,983 143.714 166.068 206,793 224.053 309,983 SS8929 242,999 Page 71 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (SS) SEWER Budget Summary Est Rev- Real Property Taxes SS1049B Est Rev - Real Property Tax Items SS1099B Est Rev - Deoartmental Income SS1299B Est Rewlntergovemmental Charges SS2399B Est Rev - Use of Mone~ And Property SS2499B Est Rev - Sale of Prop And Comp For Loss SS2699~3 Est RewMiscellaneous Local Sources SS2799B Est Rev - Interfund Revenues SS2801B Est Rev - State Aid SS3099B Est Rev - Federal Aid SS4099B Estimated - Interfund Transfer SS5031B Appropriated Reserve SS51 lB Estimated Proceeds of Obhgations SS5799B Appropriated Fund Balance SS599B TOTAL Estimated Other Sources TOTAL Estimated Revenues A~'~d Other S~urces 107,700 28.800 15,000 95,760 952C~ 247,260 107 700 28,800 15,000 97,760 97,760 249,260 13,450 107,700 28,800 15,000 0 0 0 2,000 79,000 2,500 79,000 2~00 243,950 Page 72 OSC Municipality Code 470379000000 TOWN OF Southo[d Annual Update Document For the Fiscal Year Ending 2000 fSS) SEWER Budget Summary Appropriations And Other Uses App - Genera[ Government Support App - Home And Communit~ Services App-Empioyee Benefits App - Debt Service Budgetar~ Provision For Other Uses ADD - Inter[und Transfer TOTAl- Othe,~ Uses TOTAL Appro~3r[atiors And Other Uses SS1999B 5,000 6.000 -1,000 SS8999B 216.800 217.800 -1.000 211,450 SS9199B 9.710 10,210 -500 10,95( SS9899B 3.250 3,250 0 3.150 SS962B SS9999B 0 12.500 12,000 500 18,400 12.500 ~2,000 5~0 18,400 247.250 249,260 -2.0go 243,9~ Page 73 OSC Municipality Code 470379000000 TOWN OF $outhold Annual Upoa~e Document For the Fiscal Year Ending 2000 CIA) AGENCY Balance Sheet Assets Cash 150,826 TA200 6@4,725 Time DeDos~zs 119.741 TA201 129.518 Due From Other Funds 1,389 TA391 23 Other Assets 32.731 TA489 71.612 TOTAL Other 32.73t 7'; ,612 :TOTAL Assets 304,687 895.87~ Page 74 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 (TA) AGENCY Balance Sheet Liabilities And Fund Equity Due To Other Funds Group insurance Social Security Tax Guaranty & Bid Deposits TOTAL Agency Liabilities TOTAL Liabilitiee TOTAL Liabilities And Fund Equ;ty 85.763 TA630 581,196 113 T~0 276 TA26 23 218.812 TA~0 314,384 218,925 314.683 304,688 895.879 304,688 895,879 Page 75 OSC Municipality Code 470379000000 TOWN OF Southold Annua Update Document For the Fiscal Year Ending 2000 (w) GENERAL LONG-TERM DEBT Balance Sheet As~ots Amts To Be Prov For Long-Term 13,992,735 W125 13,494,887 ~OTAL Provision To Be [¢[ade in Future Budgets 13,992,735 13,494,887 TOTAL Asse ~'s 13,992,735 13;494,887 Page 76 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document For the Fiscal Year Ending 2000 {w) GENERAL LONG-TERM DEBT Balance Sheet Liabilities And Fund Equity auagments And Claims Payable 2,000,000 W686 2,000,000 Compensatea Absences 2.242,735 W687 2.474.887 Due To Other GovernmenTs 130.000 W631 65.000 Bonds Payable TOTAL Bond And Lo.~g Term Liabilities TOTAL U~bi!i~,ies TOTAL Lia;~iiities An :~ Fund Equity 9.620.000 W628 8.955.000 9.620,088 ~.955.088 ! 3,992,735 13,494,887 ! 3.992,735 ~ 3,494,887 Page 77 OSC Municipality Code 470379000000 TOWN OF Southold Annual Update Document --or the Fiscal Year Ending 2000 End of Section Page 78 TOWN OF Southold Statement of Indeotedness For the Fiscal Year Ending 2000 Indebtedness Not Exempt From Constitutional Debt Limit ~nticipabon Note No. 2000000013 ~f Issue Purpose of Issue =DPCODE t pogue Landfill Closure bFCurrent Interest Rate .000C utstanding Beginning of Year sued During the Fiscal Year ~do not include renewals here) paid During ~ne Fiscal Year (do not include renewals here) Dutstanding End of the Fiscal Year =inal Maturity Date Bond Anticipation Note No. 2000000012 Vlonth and Year of Issue ~umose oflssue 3urrent interest Rate Dutstanding Beginning of Year ssued During the Fiscal Year ]o not include renewals here) ~aid During me Fiscal Year (do not include renewals here) Dutstanding End of the Fiscal Year =inal Maturity Date 3ond Anticipation Note No. 2000000009 Vlonth and Year of Issue ~uroose oflssue Durrent interest Rate 3utstanding Beginning of Year ssued During the Fiscal Year (do not include renewals here~ ~aid During the Fiscal Year (do not include renewals here) :)utstanding End of the Fiscal Year 2P18761 ~18763 2P18765 2P18767 EDPCODE ~18761 2P18763 2P18765 ZP18767 EDPCODE ZP18761 ZP18763 ZP18765 ~P18767 Amoun' 6/25/199~ 936,04~ 209,09( Amount~ 9/15/2OO£ Variou.~ 4.390C 888,50C 888,50C 9/14/2001 Amounl 5/14/199.c Variou.~ 3.4206 670,00C =inal Maturity Date 3ond Anticipation Note No, 2000000011 EDPCODE! Amounl vlonth and Year of issue ~ 5/12/2006 ~urpose of issue Various .';urrent interest Rate 4.4906 :)utstanding Beginning of Year ssued During the Fisca[ Year (do not include renewals here~ ~aid During the Fiscal Year ldo not include renewals here) :)utstanding End of the Fiscal Year :inal Maturity Date ZP18761 zPi8763 ZP18765 ~P18767 5/12/200t 826,00C 826,000 5/11/2001 Page79 OSC MunicipalityCode470379000000 TOWN OF Southold Statement of Indebtedness For the Fiscal Year Ending 2000 Indebtedness Not Exempt From Constitutional Debt Limit ]ond Anticipation Note No. 2000000010 t4onth and Year of Issue :urpose oflssue 3urrent Interest Rate =DPCODE~'L Amoun' 9/17/199.c Variou.. 3.740C 3utstanding Beginning of Year -~P18761 585,00(: ssued During the Fiscal Year (do not include renewals here) -~P18763 ~aid Durin.g the Fiscal Year (do not include renewals here) ?P18765 ZP18767 :~utstand[ng End of the Fiscal Year :inal Maturity Date 9/15/2000 Fotal Bond Anticipation Note Amounl Dutstanding Beginning of Year 2,191,048 ~P18885~ ~ssued During Fiscal Year ~aid During Fiscal Year O[Outstandin~ End of Year ~** Bond Anticipation Notes Redeemed From Bond Proceeds During Fiscal Year 1,923,596 1,896,175 2,218,468 Page 80 OSC Municipality Code 470379000000 TOWN OF Southoid Statement of indebtedness For the Fiscal Year Ending 2000 Indebtedness Not Exempt From Constitutiona~ Debt Limit Bond No. 2000000002 EDPCODEJ[ Amount~ Month and Year of Issue ][ 2/15/1991= Purpose of issue Vadou~s Current interest Rate Outstanding Beginning of Year Issued During the Fiscal Year (do not include renewals here) Paid During the Fiscal Year (do_not include ~renewals he_re) O~standing End of the Fiscal Year 2P18771 2P18773 2P18775 6.3750 1,1~ 2P18777 final Maturity Date ~ond No. 2000000007 EDPCODE Amoun Month and Yearoflssue 5/1/199 2/15/2011 Purpose of[ssue Current Interest Rate n Space Preservatior 4.700( Outstanding Beginning of Year 2P18771 1,900,00( ssued During the Fiscal Year (do not include renewals here) Paid During the Fiscal Year (do not include renewals here) 2P18773 2P18775 2P18777 Dutstanding End of the Fiscal Year 80,00( 1,820,00( _Final Maturity Date 5/1/201 .( ~ond No. 2000000001_ EDPCODE Amour ~ and Year =of Issue 10/1/198z Purpose of Issue Variou., /Current interest Rate ~Outstanding Beginning of Year 9.100( 2P18771 760,00( 2P18773 2P18775 ssued During [he Fiscal Year (do not include renewals here) paid During the Fiscal Year (do not include renewals here) O~=utstand~ng ~End of the ~ar LFina] Maturity Date purpose of Issue_ ~rest Rate ,Outstanding ~g ~f Year 110,00( 2P18777 650.00( 4/1/200~ EDPCODE Amour 6/1/199 ral Land Preservatior 4.850 2P18771 1,920,00( ssued During [he Fiscal Year (do not include renewals here) ~aid During the Fiscal Year (do not include renewals here) 2P18773 2P18775 Dutstanding End of the Fiscal Year ;~P18777 ;inai Maturity Date 1,840,000~ 5/18/2018~ Page 81 OSC Municipality Code 470379000000 TOWN OF Southold Statement of Indebtedness For the Fiscal Year Ending 2000 Indebtedness Not Exempt From Constitutional Debt Limit Bond No. 2000000005 Month and Yearoflssue P[Purpose oflssue ICurrentlnterest Rate IEDPCODE Amoun' 11/1/199'~ ral Land Preservatior 5,100( :~utstanding Beginning of Year :~P18771 1,520,00( ssued During the Fiscal Year (do not include renewals here) 2P18773 :aid During the Fiscal Year (do not include renewals here) ~_P18775 80.00( Outstanding End of the Fiscal Year 2P18777 1,440,00( Final Maturity Date 11/1/201 .; Outstanding Beg'nning of Year Amoun~ 0/1/19931 ~ond No. 2000000004 EDPCODE Month and Year of Issue Purpose of Issue Pension SystemI Current Interest Rate 2P18771 6.000~ 380,00~ ldo not include renewals here) IPaid During the Fiscal Year I (do not include renewals here) Outstanding End of the Fiscal Year inal Maturity Date ~ssuea Duringthe Fiscal Year 2P18773 2P18775 50,00( 2P18777 330,00( 10/1/200.~ ~014 EDPCODE Amoun Month and Year of Issue 2/15/199( Purpose of Issue FI Landfill Closure, 3.9000 2P18771 240.000 IOutstanding Beginning of Year I~ssued During the Fiscal Year (do not include renewals here) IPaid During the Fiscal Year 2P18773 2P18775 2P18777 (do not include renewals here) ~of-'~'~ee F~sscal Year [final Maturity Date 15,000 225.000 12/15/2014 Page82 OSC Municipality Code470379000000 TOWN OF $outhold Statement of ~ndebtedness For the Fiscal Year Ending 2000 Indebtedness Not Exempt From Constitutional Debt Limii Bond No. 2000000003 Month and Year of Issue Purpose of issue EDPCODE Amoun 4/15/199." Variou., Current Interest Rate Outstanding Beginning of Year I[Issued During the Fiscal Year I (do not include renewals here) !Paid During the Fiscal Year 5.000( ~P18771 1,725,00( [2P18773 (do not include renewals here) 125,000 2P18775 2P18777 1,600,000 Outstanding End of the Fiscal Year Final Maturity Date 2/15/2012 Total Bond Amount Outstanding Beginning of Year 9,620,000 Issued During Fiscal Year 0 665,000 Paid During Fiscal Year Outstanding End of Year 8,955,000 Total of Ali indebtedness Includes Total of Bonds and Notes - Exempt and Not Exempt Total Bond Amount Outstandinc_ Beginning of Year I 11.811.048I Issued During Fiscal Year I 1,923,596 Paid During Fiscal Year Outstanding End of Year 2,561,175 11,173,4681 Page 83 OSC Municipality Code 470379000000 TOWN OF Southold Statement of Indebtedness For the Fiscal Year Ending 2000 __End of Section Page 84 TOWN OF $outhold Scr~edule of Securities for Collateralization For the Fiscal Year Ending 2000 General Municipal Law, Section 10 as amended by chapter 708 Laws of 1992 lists the types of securities which may be pledged for collateralization. Please click in the response box next to the type(s) of securities used by banks as collateral for your deposits. Yes 1. Yes 3. Yes 4. Obligations issued by the United States of America. an agency thereof or a United States sponsored corporation or obligations fully insured or guaran~eea as to the payment of principal and interest by the United States of America, an agency thereof or a United States government sponsored corporation. Obligations issued or fully guaranteed by me International Bank for Reconstruction and Development, the inter-American Developmem Bank, [he Asian Development Bank and the African Deve[opmen~ Obligations partially insured or fully guaranteed by any agency of the United States of America, at a proportion of the market value of the obligation that represents the amount of the insurance or Obligations issued or fully insured or guaranteed by this state, obligations by a municipal corporation, school district or district corDoration of this state or obligations of any public benefit corporation which unaer a specific state statute may De accepted as security for deposit of public moneys, Obligations ~ssuea by states (other [nan this state) of the United States rated in one of the three highest rating categories by at least one nationally recognized statistical rating organization. Obligations of Puerto Rico ra[ea ~n one of three highest rating categories by at least one nationally recognized statistical rating organization. 9. 10. 11. 12. 13. Obligations of counties, cities, and other governmental entities of another state having the power to Ievy taxes that are backed by the fuji faith and credit of such governmental entity anc rated in one of ~ne three highest rating categories by at least one nationally recognized statistical rating organization. Obligations of domestic corporations rated in one of the two highest rating categories by at least one nationally recognized statistical rating organization, Any mortgage related securities, as defined in the Securities Exchange Act of 1934. as amended, which may be purchased by banks under the limitations established by federal bank regulatory agencies. Commercia paper and bankers' acceptances issued by a bank (other than the bank with which the money is being deposited or investedl rated in the highest short-term category by at least one nationally recognized statistical rating organization and having maturities of not longer than sixty (~ays from the date they are pledged. Zero-coupon obligations of the United States g(~vernment marketed as "Treasury Strips". Letters of Credit. Surety bonas. Page 85 OSC Municipality Code 470379000000 TOWN OF Southold Schedule of Time Deposits and Investments For the Fiscal Year Ending 2000 OTHER THAN RESERVE FUNDS CASH: On Hand Demand Deposits Time DePosits Total COLLATERAL: - FDIC Insurance - Securities Located: (1) In Possession of Municipality (2) Held By Third Party Custodial Bank (3) Held By Trading Counter Partner INVESTMENTS: - Securities (450) Book Value (cost) Market Value at Balance Sheet Date - Securities Located: (1) [n Posession of Municipality (2) Held by Third Party Custodial Bank (3) Held by Trading Counter Partner - Repurchase Agreements (451) Book Value (cost) Market Value at Balance Sheet Date - Securities Located: (1) in Possession of Municipality (2) Held by Th[rd Party Custodial Bank (3) Held by Trading Counter Partner EDP Code Amount 9Z2001 $1,930.00 9Z2011 $0.00 9Z2021 $18,343,020.00 $18,344,950.00 9Z2014 $1,100,000.00 9Z2014A 9Z2014B $29,911,408.00 9Z2014C 9Z4501 9Z4502 9Z4504A 9Z4504B 9Z4504C 9Z4511 9Z4512 9Z4514A 9Z4514B 9Z4514C Page 86 OSC Municipality Code 470379000000 TOWN OF Southold Schedule of Time Deposits and Investments For the Fiscal Year Ending 2000 RESERVE FUNDS CASH (Al Reserve Funds): On Hand Demand Deeosits Time Deposits Total COLLATERAL: - FDIC Insurance - Securities Located: (1) in Possession of Municipality (2) Held By Third Party Custodial Bank (3) Held By Trading Counter Partner INVESTMENTS: - Securities (450) Book Value (cost) Market Value at Balance Sheet Date - Securities Located: (1) In Posession of Municipality (2) Held by Third Party Custodial Bank (3) Held by Trading Counter Partner Repurchase Agreements (Ail Reserve Funds) (451) Book Value (cost) Market Value at Balance Sheet Date - Securities Located: (1) In Possession of Municipality (2) Held by Third Panty Custodial Bank (3) Held by Trading Counter Partner EDP Code Amount 9Z2301 9Z2311 9Z2321 $0.00 9Z2324 9Z2324A 9Z2324B 9Z2324C 9Z4521 9Z4522 9Z4524A 9Z4524B 9Z4524C 9Z4531 9Z4532 9Z4534A 9Z4534B 9Z4534C Page 87 OSC Municipality Code 470379000000 TOWN OF Southold Investment Certification For the Fiscal Year Ending 2000 DEFINITIONS: Repurchase Agreement - A generic term for an agreement in which a government entity (buyer-lender) transfers cash to a broker-dealer or financial institution (seller-eorrower); the broker-dealer or financial institution transfers securities to the entity and promises to repay the cash plus interest in exchange for the same securities or for different securities. Reverse Repurchase Agreement - An agreement in which a broker-dealer or financial institution (buyer-lender) transfers cash to a government entity (seller-borrower); the entity transfers securities to the broker-dealer of financial institution and promises ro repay the cash plus interest in exchange for the same securities or different securities RESPONSE 1) Has your Local Government adopted an investment policy as Yes required by General Municipal Law, Section 39? 2) The following ~nvestments are Dermitted by your investment policy. * Obligations of the UNITED STATES Yes * Obligations of the U.S. Government Agencies, guaranteed by Yes [he UNITED STATES Government - Obligations of the STATE of NEW YORK Yes ' Obligations of other NEW YORK STATE Local Governments Yes ' Other 3) Do you engage in reverse repurchase agreements? No 4~ Are Repurchase Agreements authorized by your investment Yes policy? Name: Title: Phone Number: John Cushman Town Comptroller (631) 765-4333 Page 88 SC Municipality Code 470379000000 TOWN OF Southold investments For the Fiscal Year Ending 2000 End of Section Page 89 TOWN OF Southold Local Government Questionnaire For the Fiscal Year Ending 2000 1) Does your municipality nave a written orocurement policy? 2) Have the financial statements for your municipality been independently audited? if not, are you planning on having an audit conducted? 3) Does your local government participate in an insurance oool with other local goverr 'nents? 4) Does your local government participate in an investment oool with other local governments? 5) Does your mumcipality have a Length of Service Award Program (LOSAP) for volunteer firefighters? 6) Does your municipality have a Capital Plan? 7) Has your municipality prepared and documented a risk assessment plan? 8) If yes, has your municipality used the results to design the system of internal controls? Have you had a change in chief executive or chief fiscal officer during the last year? 9) Does your municipality have access to the internet? Does your mumcipality have an official E-mail address? If yes, what is it? Does the chief fiscal officer have a separate E-mail address? If yes, what is it? Do you have a web site? If yes. what is the official address of the web site for your municipality? Response Yes Yes No Yes No No Yes No Yes No Yes accounting@southold.org Yes www.northfork.net/southolo/ Page 90 OSC Municipality Code 470379000000 Town of Southo~d Notes To The Financial Statements December 31,2000 A. Summary of Si.qnificant Accountin,q Policies The financial statements of the Town of Southo[d have been prepared in conformity with generally accepted accounting principles (GAAP) as applied re government units. The Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing governmental accounbng and financial -eporting principles. The more significant of the government's accounting policies are described below. 1. Financial Reportin,q Entity The Town of $outhold, which was established in 1640, is governed by its Charter. [he Loca Municipal Law and other general laws of the State of New York and various. [oca aws. The Town Board is me legislative body responsible for overall operations. [he Superwsor serves as Chief Executive Officer and as Chief Fiscal Officer. Basic services provided included ~ublic Safety, Health. Transportation. Economic Assistance and Opportunity, Culture and Recreation, and Home and Community Services. All governmental activities and functions performed for the Town are its direct responsibility. No omer governmental organizations have been included or excluded from [he reporting entity. The financial reporting entity consists of (a) the primary government which is the Town of Southold. (b) organizations for which the pr[maW government is financially accountable and (c) other organizations for which the nature and significance of their relationship with [he primary government are such that exclusion would cause the reporting entity's ~inancial statements to be misleading or incomplete as set forth in GASB Statement 14 The decision to include a potential component unit in the Town's reporting entity is based on several criteria set forth in GASB 14 including lega standing, fiscal Dependency, and rinanc[al accountability. Based on the application of these criteria, the following is a brief review of certain entities considered in determining the Town of Southold's reporting entity. Certain special districts of the Town of Southold provide sanitation, ferry, and Dark services to residents and businesses within the districts. These special districts are organized under New York State Town law and have separately elected boards, Long- [erm debt backed by the full faith and credit of the Town and other financial matters result in a fiscal interdependency with the Town. Accordingly, these special districts have been determined to be comoonent units of the Town of Southold and are presented discretely m a separate column n the combined financial statements to emphasize that they are legally separate from the pnmary government. These districts include the following: The Fishers island Ferry District, established in 1947 Orient Mosquito District, established in 1916 Fishers is]and Garbage ano Refuse District, established in 1952 Cutchogue-New Suffolk Park District, established in 1953 Orient-East Marion Park District. established in 1969 Southold Park District, established in 1907 Mattituck Park District, established in 1941 Town of Southo~d Notes To The Financial Statements December 31. 2000 A. Summar~ of Si,qnificant Acceuntin,q Policies (continued) 1. Financial Reportin,q Entity (continued) Complete financial statements of tnese component units can be obtained from their respective administrative offices: Orient Mosquito District Fishers Island Garbage Main Road & Refuse District Orient. NY 11957 Fishers Island, NY 06390 Cutchogue-New Suffolk Park District P.O. Box 311 Cutchogue, NY 11935 Southo]d Park District P.O. Box 959 Southold, NY 11971 Orient-East Marion Park District Route 25 Orient. NY 11957 Mattituck Park District P.O. Box 1413 Mattituck, NY 11952 Fishers Island Ferry District Main Street Southold, NY 11971 2, Fund Acceuntinq The Town of Southold uses funds and account groups to repor~ on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial management Dy segregating transactions -elated to certain government functions or activities. A fund is a separate accounting entity with a self-balancing set of accounts. An account group, on the other hand, is a financial reporting device designed to provide accountability for certain assets and liabilities that are not recorded in the funds because they do not directly affect net expendable available financial resources. The Town records its transactions in the fund types and account groups described below. Fund Catecmries Governmental Funds Governmental funds are those through which most governmental functions are financed. The acquisition use and balance of expendable financia resources and the related liabilities are accounted for through governmental funds. The measurement focus of the governmental funds is upon determination of financial position and changes in financial position. The following are the Town's governmental fund types. Town of SouthoM Notes To The Financial Statements December 31,2000 A. Summary of Si.qnificant Accounting Policies (continued) 2. Fund Acceuntin,q (continued) Fund Categories (continued) General Fund - the principal operating fund which includes all operations not required to be recorded in other funds. Special Revenue Funds - used [o account for the proceeds of specific revenue sources that are legally restricted to expenditures for specific purposes The following Special Revenue Funds are utilized: Hiqhway Funds - To maintain and operate highways, General Fund Part Town - To ;rovide genera~ services outside the Village of Greenport. Special Grant Fund - Segregate and account for 3rejects funded by Community Development revenue. Special District Funds - To provide special services to areas that encompass less than the whole town. Capital Proiects Fund - used to account for financial resources tc be used for the acquisition or construction of major capital facilities (other than those financec by special assessment funds and trust funds). Fiduciary Funds - used to account for assets held by the local government in a trustee or custodial capacity: Trust and A.qenc¥ Funds - used to account for money received and held in the capacity of trustee custodian or agent. These include expendable trusts, non- expendable trusts, and agency funds, Account Groups Account Groups are used to establish accounting control and accountability for general fixed assets and general long-term debt. The two account groups are not "funds". They are concerned with measurement of financial position and not results of operations. The General Fixed Assets Account Group - used to account for and, buildings, improvements other than buildings, and equipment utilized for general government purposes, except those accounted for in proprietary funds. The General Lonq-Term Debt Account Group - used to account for all long-term debt except that accounted for in proprietary and special assessment funds. Town of SouthoM Notes To The Financial Statements December 31, 2000 A, Summary of Si,qnificant Accounfin,q Policies (continued') 3. Basis of Accounfinq/Measurement Focus Basis of accounting refers to when revenues and expenditures and the related assets and liabilities are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus. Measurement focus is me determination of what is measured, i.e. expenditures or expenses. Modified Accrual Basis - All governmental Funds ant Expendable Trust Funds are accounted for using the modified accrual basis of accounting. Under this basis of accounting, revenues are recorded when measurable and available Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Matedal revenues [hat are accrued include real property taxes, state and federal aid sales tax and certain user charges, f exoenditures are the prime factor for determining eligibility, revenues from federal and state grants are accrued when the expenditure is made. Expenditures are recorded when incurred except that: Expenditures for prepaid expenses and inventory-type items are recognized at the time of purchase. Principal and interest on indebtedness are not recognized as an expenditure until due. Compensated absences, such as vacations and sick leave, which vests or accumulates, are charged as an expenditure when paid (See Note I (J)). Account Groups - Genera[ fixed assets are recorded at actual or estimated cost or. in the case of gifts and contributions, at the fair market value at the time received. No provision for depreciation is made. General long-term debt liabilities are recorded at the par value of the principal amount. No liability is recorded for interest payable at maturity. Encumbrance accounting, under which purchase orders, contracts and other commitments for the expenditure of monies are recorded for budgetary control purposes to reserve [hat portion of the applicable appropriations ~s employed in all funds. Encumbrances are reported as reservations of fund balances since they do not constitute expenditures or liabilities. Expenditures for such commitments are recorded in the period n which the liability is incurred. Town of SouthoM Notes To The Financial Statements December 31, 2000 A. Summary of Significant Accounting Policies (continued) 5. Assets, Liabilities and Fund Equity Receivables Receivables include amounts due from Federal, State. and other governments and individuals for services provided by the Town. Receivables are recorded and revenues as earned or as specific program expenditures are incurred. ~nventenf - Materie~s and Supplies inventory in the General Fund is valued at cost. using weighted average cost method. Inventory in these funds is accounted for under the consumption method. Propert% P~ant and Equipment - Genera~ Fixed assets purchased for general governmental purposes are recorded as expenditures in the governmental funds and are capitalized at costs (or estimated historical costs for assets purchased prior to 1976} in the General Fixed Assets Account Group. Contributed fixed assets are recorded at fair market value at the date received. Fixed assets consisting of certain infrastructure type improvements other than buildings, including roads, bridges, curbs and gutters, streets and sidewalks, drainage and lighting systems, have not been capitalized. Such assets normally are immovable and of value only to the Town. Therefore. the purposes of stewardship for capital expenditures can be satisfied without recording these assets. No depreciation has been erovided on general fixed assets nor has interest on general fixed assets construction in progress been capitalized. Deferred Revenue Deferred revenues are those where asset recognition criteria have beer met, but which revenue recognition criteria have not been met. Such amounts have been deemed to be "measurable" but not "available" pursuant to GAAP. Long-Term OblLqations Long-term debt is recognized as a liability of a governmental fund when due. For other ~ong-term obligations, only that portion expected to be financed from expendable available financial resources is reported as a fund liability of a governmental fund. The remaining portion of such obligations is reported in the General Long-Term Debt Account Group. Town of SouthoM Notes. To The Financial Statements December 31,2000 A. Summa~ of Si,qnificant Acceuntin.q Policies (continued) 5. Assets, Liabilities and Fund Equity (continued) Fund Equity - Reservations and Desi,qnatiens Portions of fund equity are segregated for future use and therefore not available for future appropriation or expenditure. Amounts reserved for encumbrances, inventory, insurance claims, represent portions of fund equity which are required to be segregated in accordance with State law or GAAP. Designations of fund balances n governmental funds indicate the utilization of these resources in the subsequent year's budget or tentative plans for future use, 6. Revenue and Expenditures Property Taxes Real property taxes for [ne ensuing year are levied annually and become a lien on December 1. Taxes are collected during tne period December 1 to May 31. with the first half due January 10 and tne seconc half due May 31 Tax 2ayments made during the period December 1 to December 31 are recognized as revenue in the subsequent year, Taxes for county purposes (apportioned to the area of the county inside the Town of Southold) are levied together with taxes for town and special district purposes as a single bill. The towns and special districts receive the full amount of their levies annually out of me first amounts collected on the combined bills. The county assumes enforcement responsibility for all taxes levied in the towns (and for unpaid county taxes in the Town). Unpaid village taxes and school district taxes are [urnea over to the county for enforcement. Any such taxes remaining unpaid at year-end are relieved as county Taxes in the subsequent year. Interfund Transactions Interfund Revenues Interfund revenues are quasi-external transactions in the operating funds that represent amounts charged for services or facilities provided by that operating funds. The amounts paid by the fund receiving the benefit of the service or facilities are reflected as an expenditure of that fund. Operatin.q Transfers Operating transfers represent payments to the Risk Retention Fund and Capital Projects Fund from other funds for their appropriate share of the risk retention and capital projects, Town of Southo[d Notes To The Financial Statements December 31. 2000 A. Summa~/of Si.qnificant Accountin.q Policies (continued) The Town assumes the liability for most risk including, but not limited to, properb' damage and personal injury liability. Judgments and claims are recorded when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimatec Compensated Absences Vested or accumulated vacation or sick leave of governmental funds that is expected to be liquidated with expendable available financial resources is reported as an expenditure and a fund liability of the respective fund that wi]] pay it. Amounts of vested or accumulated vacation or sick leave of governmental funds that are not expected to be liquidated with expendable available financial resources are reported in the General Long- Term Debt Account Group. No exdenditure is reported for these amounts. In accordance with [ne provisions of Statement No. 16 of the Governmental Accounting Standards Board. Accounting for Com3ensated Absences, no lability is recorded for non-vesting accumulating rights to receive sick pay benefits. Total Columns on the General Purpose Financial Statements Total columns on the general-purpose financial statements are captioned "Memorandum Only" to indicate ti~at they are presented only to facilitate financial analysis. Data in these columns do not present financial position, results of operations or changes in financial position in conformity with generally accepted accounting pnnciples, nor [s such data comdarable to a consolidation. Interfund elimination's have not been made in the aggregation of the data. B. Stewardship~ Compliance, Accountability Bud,~ata~f Data 1. Budget Basis of Accountin.q Budgets are adopted annually on a Basis consistent with generally accepted accounting principles, Appropriations authorized for the current year are increased by the amount of encumbrances carried forward from the prior year. Budgetary controls for special revenue funds are established in accordance with the applicable grant agreement, which may cover a period other than the Town's fiscal year. Appropriate budgetary adjustments have been made to reflect ~nese grant agreements during the Town's fiscal year. Town of Southo~d Notes To The Financial Statements December 31, 2000 Stewardship, Compliance, Accountability (continued) Budgetary Data (continued) 2. Budpet Policies - The budget policies are as follows: a. No later than October 1, the Supervisor submits a tentative budge[ to the Town Board for the r~scal year commencing the following fisca year. The tentative budget includes the proposed means of financing for all funds. b. After public '~earings are conducted to obtain [axpayer comments, no later than November 20, the Town Board adopts the budget. c The Town Board must approve all modifications of the budge[. However, the Supervisor is authorized to transfer certain budgeted amounts within departments. 3. A~ateria~ Violations of Finance Re~ated Activities There are no mateda] violations of finance-related provisions. 4. Fund Balances 1. Certain funds of the Town apply to areas less than the entire Town. The fund eouity at December 31,2000 is allocated as follows: $3.101.56I General Fund [Town wide) Special Revenue Funds General Fund Part Town 556,229 Highway Fund -- Town wide 388,904 Highway Fund -- Part Town 317,393 Special Grant 35,000 Specia District Funds East-West Fire Protection 36,654 Southold Wastewater Disposal 192,110 Fishers Island Sewer 50.889 Solid Waste Management 836,666 Discretely Presented Component Units Fishers Island Refuse & Garbage 212,957 Fishers Island Ferry 164,321 Cutchogue-New Suffolk Park 70,679 Southold Park 56,043 Orient-East Marion Park 8.241 Mattituck Park 32.500 Orient Mosquito 10,235 Total $6.070.382 Town of Southo~d Notes To The Financial Statements December 31,2000 B. Stewardship~ Com¢iance, Accountability (continued) Budgetary Data (continued} 4. Fund Balances (continued) Deficit Fund Balances The capital projec[s fund wad a deficit fund balance at December 31, 2000. The deficit will be eliminated as short-term debt is redeemed or converted to permanent financing. Reserves The capital projects fund equity includes caeital reserve funds established for the following purpose: Purpose Agricultural Land Develooment Rights Preservation of Open Spaces Community Preservation Fund Mattituck Creek Drainage Mitigation Seaview Trails of the North Fork Scenic Byways Police Dept. Computer System Park Land Acquisition Garbage Truck Acquisition Cutchogue Landfill Capping & Closure Highway Sweeper Highway Payloader Landfill Payloader Landfill Payloader Landfill Trailer & Dump Truck Computer Equipment Upgrade Computer Network Salt Storage Building Rich Park improvement Downs Farm Preserve Improvement Highway Drain Cleaner Waterways Improvement Landfill Equipment & Scale House Total Balance End of Year $337.500 1,161,835 2,771,573 680 4,665 1,650 (98,247) (122,000) (35,000) (622,698) (100,000) (65,000) (36,000) (191,780) (112,283) (95,262) (187,318) (84,074) (16,107) (14,019) (60,000) (16,731 ) (66,000) $2_355.384 Town of SouthoM Notes To The Financial Statements December 31, 2000 c. Detail Notes on a~ Funds and Account Groups 1. Assets Cash and Investments Cash consists of [unds deposited in demand accounts, time oeposit accounts anc certificates of deposit with maturities of less than three months. State statutes govern Town investment policies. In addition the Town has its own written investment policy. Town monies are dedosited in FDIC insured commercial banks or trust companies located within the state. The Supervisor is authorized [o use demand accounts and certificates of deposits. Permissible investments include obligations of the U.S. Treasury and U.S. Agencies. repurchase agreements, obligations of New York State or its localities, and investments made by the Cooperative Liquid Asset Security Systerr (CLASS). CLASS is a cooperative investment plan consisting of U.S. Treasury obligations and repurchase agreements relating to treasury obligations. The written investment policy requires mai repurchase agreements be purchased from banks located within the State and that underlying securities must be obligations of the federal government. Underlying securities must have a market value of at least 102 percent of the cost of the repurchase agreement. Collateral is required for demand deposits and certificates of deposit at 102 percent of all deoosits not covered by federal deposit insurance. Obligations that may be pledged as collateral are obligations of the United States and its agencies and obligations of the State and its mumcipalities and school districts. Deposits - All deposits, including certificates of deposits, are carried at cost plus accrued interest. Deposits at year-end were entirely covered by federal depositoW insurance or dy collateral held dy the Town's custodial banks in the Town's name. At December 3!, 2000, the cash in banks was $17,901,020 and collateral held against casn in banks was $29,911,408 consisting of FDiC insurance and/or securities held in the name of the Town of Southold. Restricted Cash Restricted Cash consists of assessments collected by the Receiver of Taxes not yet remitted to the appropriate governmental entity. Town of Southo~d Notes To The Financial Statements December 31,2000 C. Detai~ Notes on ail Funds and Account Groups (continued) 2. Fixed Assets A summary of changes within the General Fixed Assets Account Group for the Town of Southo[d for the year ended December 31,2000 is as follows: Balance Balance 1/1/00 Additions Deletions 12/31/00 Primary Government: Land $10.173.679 $2.283.973 $12,457,652 Buildings & ImprovemenTs 2.505.354 86.656 2,592,010 Machinery&Equipment 10,110,479 949,447 384,486 10,675,440 Total $22.769.512 $3.320.076 $384.486 ~25.725.102 Balance Balance 1/1/00 Additions Deletions 12/31/00 Component Units: Land $ 41.717 321,069 $362,786 Buildings & Improvements 4.791.119 2,603,148 7.394.267 Machinery & Equipment 3,677,530 782,747 2,894,783 Total $8.510.366 $2.924.217 $782:747 $10.651.836 3. ~nterfund Receivables and Payables Inteffund receivables and payables for the pnmary government at December 31 were as fellows: Fund General Fund Whole Town General Fund Part Town Highway Fund Whole Town Highway Fund Part Town Special Grant East-West Fire Protection District Solid Waste Management District Wastewater Disposal District Fishers Island Sewer District Capital Projects Trust & Agency Total Inte/fund Interfund Interfund Receivables Payables $ 513,094 $ 4,700,850 302,831 0 1,057,702 10,272 1,988,978 23 35,000 0 270,874 0 1,132,617 19,227 14,760 0 6,304 0 76,195 86.810 23 581,196 $5,398,378 $5.398.378 2000 Town of Southoid Notes To The Financial Statements December 31. 2000 C. geta[~ Notes on al~ Funds and Account Groups (continued) 4. Due To/From Primary Government and Component Units Amount Amount Receivable Pavable Component Units: Fishers island Refuse & Garbage District $ 469,846 Fishers Island Ferry District 383,954 Orient Mosquito District 47,948 Cutchogue-New Suffolk Park District 88,944 Southold Park District 206.896 Orient-East Marion Park District 20,330 Mattituck Park District 237,830 Primary Government General Fund Totals $1,455,748 $1.455.748 $1.455.748 5. Indebtedness Short,Term Debt Liabilities for bond anticioatior no[es (BAN's) are generally accounted for in the capital projects funds. The no[es or renewal thereof may not extend more than two years beyond the odgina date of issue unless a portion is redeemed within two years and within each 12 month period thereafter. State law rec Jires that BAN's issued for capital purposes be converted to long-Term obligations within five years after the original issue date. However, BAN's issued for assessable improvement projects may be renewed for periods equivalent to the maximum life of the permanent financing, provided that stipulated annual reductions of ~rlncipa[ are made. To Be Redeemed 2001 Interest Budget Description Amount Rate Appropriations Bonds Various Purposes $ 826,000 4.49% $ 245,000 $ 581,000 Various Pun~oses 888,500 4.39% 269.500 619,000 Landfill Closure 503,968 .00% 300,000 203,968 Total $ 2~218,468 $814.500 $1.403.968 Lon,q-Term Debt a. At December 31, 2000 the total outstanding indebtedness of the Town, excluding the above obligations aggregated $8,955,000. Of this amount, $8,955,000 was subject [o the constitutional debt limit and represented approximately 2.98% of its debt limit. Town of Southo[d Notes To The Financial Statements December 31, 2000 Detail Notes on a~l Funds and Account Groups (continued) 5. Indebtedness (continued) Lan,q-Term Debt (continued) b. Serial Bonds - The Town borrows money in order to acquire land or equipment or construct buildings and improvements. This enables the cost of these capital assets to be borne by me present and future taxpayers receiving the benefit of the capital assets. These long-term liabilities, which are fuji faith and credit debt of the ace government, are recorded in the General Long-Term Debt Account Group. The provision to ee made in future budgets for caoital indebtedness represents the amount exclusive of interest, authorized to be collected in future years from taxpayers and others for liquidation of the long-term liabilities. c. Other Long-Term Debt - In addition to the above long-term debt, [he local government had the following non-current liabilities: Due to New York State Department of Environmental Conservatior (NYSDEC) - Represents the non-currenl portion of the liability due under the settlement in which all charges of oaerational violations a': the Cutchogue landfill were dropped. Compensated Absences - Represents the value of earned and unused oortion of the liability for compensated absences. d. Summary Long-Term Debt - The fo[lowing s a summary of long-term liabilities outstanding at December 31,2000 by fund type and account group: Liability Serial Bonds $ 8,792,882 Due to NYSDEC 65,000 Judgments and Claims 2,000,000 Compensated Absences 2,474,887 Total Long-Term Debt Account Group General Long Term Debt Account Group Discretely Presented Component Unit Total $ 162118 8,955,000 65,000 2,000,000 2,474,887 $13.332.769 $162,118 $13.494.887 e. The following ,s a summary of changes in the long-term liabilities for the period ended December 31. 2000: Bonds and Due to Compensated Notes NYSDEC Absences Payable at beginning of Fiscal Year $ 9,620,000 $130,000 $ 2,242,735 .Additions Deletions 665,000 65,000 Payable at end of Fiscal Year $ 8,955,000 $ 65.000 $ 2.474.887 Additions aha deletions to compensated absences are shown net since it Is ~mpracticable to determine these amounts separately. Town of Southold Notes To The Financial Statements December 31 2000 Detail Notes on ail Funds and Account Groups (continued) 5. Indebtedness (continued) Lon,q-Term Debt (continued) f. The following table summarizes the Town's future debt service requirements for Serial Bonds as of December 31 2000: Year EndinR Principal Interest 2001 $ 695.000 $ 470.493 2002 645,000 430,118 2003 665.000 391,019 2004 675,000 351,053 2005 700.000 309.748 2006-2010 2,660,000 '.095.610 2011-2015 2,095,000 445.551 2016-2019 820,000 70,505 Totals $ 8.955,000 $ 3.564.097 The following table summarizes the Town's future payment requirements for the stipulation of settlement with the NYS Dept. of Environmental Conservation as of December 31,2000 Year Ending Amount 2001 $ 65,000 Tota] $ 65.000 6. Retirement System Plan Description The Town participates in the New York Employee's Retirement System, the New York State Policemen's and Firemen's Retirement System and [he Public Em~31oyee's Group Life insurance Plan (Systems). These are cost-sharing multiple-employer retirement systems. The Systems provide retirement benefit as well as death and disability benefits. The New York State Retirement ana Social Security Law (NYSRSSLJ govern obligations of employers to contribute and benefits to employees. As set forth in the NYSRSSL, the Comptroller of the State of New York (Comptroller) serves as sole trustee and administrative head 3f the SysTems. ]-he Comptroller shall adopt and 'nay amend rules and regulations for me administration and [ransactions of the business of the Systems and for the custody and control of their funds. The Systems ssue a publicly available financial report that includes financial statements ana required supplementary information. That report may be obtained by writing [ne New York State and Local Retirement System Gov. Alfred E. Smith State Office Building, Albany, N. Y, 12244 Fundin.q Policy The SysTems are noncontributory except for employees who joined the New York State and Local Employees' Retirement System after July 27 1976 who contribute 3% of their salary, Under the authority of the NYSRSSL. the Comptroller shall certify annually the rates expressed as proportions of payroll of members, which shall be used in computing the contributions required to De made by employers to the pension accumulation fund Town of Southo~d Notes To The Financial Statements December 31,2000 c. Detaii Notes on e[~ Funds and Account Groups (continued) 6. Retirement System (continued Fundinq Policy (continued) The Town of Southold is required ro contribute at an actuarialiy determined rate. The required contributions for the current year and two preceding years were as follows: ERS PFRS 2000 $ 32.226 $ 86,149 1999 $ 24.343 $ 67,993 1998 $ 71,505 $ 68.060 The Town's contributions made tothe Systems were equalto 100% ofthe contributions required ~reach year. Since 1989, the Systems' billings have been based on Chapter 62 of the Laws of 1989 of [he State of New York. This legislation requires participating employers to make payments on a current basis, while amortizing existing unpaid amounts relating to the Systems' fiscal years ending March 31, 1988 and 1989 (which otherwise were to have been paid on June 30, 1989 and 1990, respectively) over a 17-year period, with an 8.75% interest factor added. Local governments were given the option to prepay this liability. The Town elected to make [ne full payment on December 15. 1993. by issuing serial bonds [o replace this debt. Pursuant to Chapter 12 of the Laws of 1995 and Chapter 30 of the Laws of 1996 [ne State Legislature authorized local governments to make available a retirement incentive program with total costs of $32.300 plus interest, of which $8.445 was charged to exDenditures/exoense n the governmental funds in the current fiscal year. The cost of [he programs are billed and paid over five years and began December 15, 1996 for Chapter 12 and December 15. 1997 for Chapter 30. Furthermore. another incentive was made available pursuant to Chapter 47 of the Laws of 1998 with a total estimated cost of $9,880 plus interest, and will be billed and paid over five years beginmng December 15. 1999. 7. Post Retirement Benefits in addition to providing pension benefits, the Town 3rovides health insurance coverage and survivor benefits for retired employees and their survivors. Substantially, all Town employees may become eligible for these benefits if they reach normal retirement age while working for the Town. Health care benefits and survivors' benefits are provided through either an insurance company or a self-funded plan whose premiums are based on the benefits paid during the year. The Town recognizes the cost of providing benefits Dy recording its share of insurance premiums or the actual benefits paid from the Genera Fund as expenditure in the year paid. During the year, $1,961.124 was ~aid on behalf of 76 retirees and 201 active employees and is recorded as expenditures in the Genera[ Fund. The cost of providing benefits for retirees ~s not separable from the cost of providing benefits for active employees. Town of $outhe[d Notes To The Financia~ Statements DecemSer 31 2000 Detail Notes on al~ Funds and Account Groups (continued) 8. Compensatory Absences Town employees are granted vacation and sick leave and earn compensatory absences in varying amounts. In the event of Termination or upon retirement, an employee [s entitled to payment for accumulated vacation and sick leave and unused compensatory absences at various rates subject to certain maximum limitations. Estimated vacation anc sick leave an(; governmental fund type employees have obligations account group compensatory absences accumulated by been recorded ir the genera~ long-term Vested vacation and sick leave are recorded as a long-term liability in the general long- term debt account group if payable from future financial resources, or as a fund liability and expenditures if payable from current resources. 9. Deferred Compensation Plan [n October 1997, the Governmental Accounting Standards Board issued Statement No. 32 Accounting and Financia Repor~in9 for Internal Revenue Service Code Section 457 Deferred Comoensation Plans. This statement established accounting aha financial reporbng standards for internal Revenue Service Code Section 457 deferred compensation plans for state and local governments. On October 1, 1998. the Town of Southold Deferred Compensation Committee created a Trust and Custody agreement making Nationwide Trust Company F,S.B. and FMB Trust Company N.A. the Trustees and Custodians of ~ne Town of Southold Deferred Compensation Plan. Consequently, Statement No. 32 became effective for the Town's Deferred Compensation Plan as of October 1, 1998. Since the Town is no longer the trustee of tne plan, the plan no longer meets the criteria for inclusion in the Town's financial statements. Therefore, effective October 1, 1998. the market value of the plan assets are no longer displayed in the financial statements. D. Commitments and Continqencies There is a matter under discussion with the United States Coast Guard regarding [ne reconstruction of the Brushes Creek Bridge. The Town believes it is at least reasonably possible that there will be $1,000,000 of potential forced capital out]ay tc reconstruct the bridge. This amount has been provided for in the General Long-Term debt account group. The Town is self-insured for medical insurance only. The amount of claims outstanding at December 31. 2000 is $87 112 and is reserved against fund balance in the General Fund. Town of Southoid Notes To The Financial Statements December 31. 2000 D. Commitments and Centin,qencies (continued) I. Landfil~ C~osure and Post c~osure Care Costs The Towr ceased accepting waste at it's Cutchogue landfill as of October 8, 1993. The Town entered into a stipulation of settlement with the New York State Department of Environmental Conservation in October of 1994 in which ali charges of operational violations at tne Cutchogue landfill were dropped. Under the stipulation, the Town agreec [o close and place a final cover over the landfill and to pay a civil oenalty of $650,000 over seven years, in addition to placement of the final cover on the landfill, state and federal regulations presently require the Town to perform certain maintenance and monitoring Functions at the site for up to thirty years. Actual costs associated with tne placement of the final cover are estimated at $7,800,000 Financing for closure activities will be provided through a grant from the New York State Department of Environmental Conservation up to the maximum of $2,000,000 with the balance provided with a State subsidized loan through the New York State Environmental Facilities Corporation. Costs associated with post closure care will be covered by charges to future landfill users and future tax revenue 2. Liti,qation The State of New York has commenced a lawsuit against the Town for unlawful discharge of gasoline and petroleum products at the Town's Highway department on Peconic Lane. As of the date of this report, the likelihood of an unfavorable outcome is uncertain, but is at least reasonably possible that cleanup costs and interest could total up to $1,000,000. Any amounts reserved on all lawsuits have been recorded in the General Long-Term debt account group and in the oulnion of the Town's management and legal counsel, all other claims are expected to be resolved with no further anticipated reserves considered necessary. 3. Lease Commitments and Leased Assets The Town leases property and equipment under operating leases. Total rental expenditures on such leases for the fiscal year ended December 31, 2000 were approximately $63,438. Future obligations over the primary terms of the Town's leases as of December 31,2000 are as follows: 2001 $ 58.226 2002 30,119 2003 23,030 2004 16,470 2005 & thereafter 19,899 Total $147,744 Town of Southold Notes To The Financial Statements December 31,2000 E. Condensed Financial Statements for the Discretely Presented Component Units The following represents condensed financial statements for me discretely presented component units as of and for the year ended December 312000: Condensed Balance Sheet Assets and Other Debits Liabilities Amounts to be Due From Property Provided for Other Bends and Current Primary Building & Long-Term Currenz Long-Term Assets Government Equipment Debt Liabilities LiabiJities Fishers Island Ferry Distdct $565.246 $383,954 $9,092,567 $162.118 $400,925 $162.118 Fishers Isiand Garbage District 764.872 469,846 984,966 551.915 Cutchogue-New Suffolk Park Dis[. 163.429 88.944 478,869 92.750 Southold Park District 271.794 206,896 215.751 Orient-East Marion Park Distdct 36.243 20,330 28.002 Mattituck Park District 291.596 237.830 95,434 259.096 Odent Mosquito District 60,235 47,948 50,000 $2.153.415 $1.455.748 ~10651838 $162118 $1598439 $162118 Condensed Statement of Revenues, Expenditures and Changes in Fund Balances Excess (Deficiency) Expenditures of Revenues Capital Debf and Revenues Current Out]ay Service Expenditures Fishers Island Ferry District $ 2.340~754 $1,273,938 =ishers island Garbage District 528.385 379.985 Cutchogue-New Suffolk Park Dis[. 94.885 54.960 Southold Park District 240.527 154,576 Orient-East Marion Park District 22.530 4,339 Mattituck Park Distric~ 262.337 239.756 Odent Mosquito District 55,644 56,613 $ 3.545.06~2 _~ 2184167 $1,449,085 $ 42.632 $ -:424,901) 377.442 (229,042) 17.235 22,690 42.080 43.871 18.238 (47) 17,598 4,983 (969)