HomeMy WebLinkAbout2008Component Unit Annual Financial Report
For Mattituck Park District
Assets.
For the fiscal year ended December 31
Operating Fund
Balance Sheet
Cash
Cash in Time
InveStments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due from Capital Fund
Prepaid Expenses
Due From Pdmary Government
,2008
$3,730.42
326,078.62
$59,238.76
$389,047.80
Liabilities & Fund Equity
Accounts Payable
Due to Capital Fund
Due to Other Governments
Deferred Revenues
$9,879.54
72,730.00
$82,609.54
100,000.00
206,438.26
306,438.26
$389,047.80
Total Liabilities
Fund Balance ~ Appropriated ensuing year
Fund Balance - Unreserved
Total Fund Equity
Total Liabilities & Fund Eouitv
Page 1
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
Operatin,q Fund
Analysis of Changes in Fund Equity
Fund Equity - Be.qinnin,q of Fiscal Year
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses
Fund Eauitv - End of Fiscal Year*
513,737.23
455,655.21
$248,356.24
58,082.02
$306,438.26
* Total includes Appropriated and Unreserved Fund Balance
Page 2
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
Operating Fund
Detail of Revenues and Other Sources
Revenues
Real Property Taxes
Real Property Tax Items
Non-property Tax Items
Departmental Income
Use of Money and Property
Sale of Property and Compensation for Loss
Gifts and Donations
Miscellaneous Local Sources
State Aide
Federal Aide
Budget
$481,229.00
9,000.00
15,000.00
5,000.00
$510,229.00
$50,000.00
$560,229.00
Actual
$481,229.00
422.12
10,440.00
11,470.11
800.00
9,376.00
$513,737.23
$513,737.23
Total Revenues
Interfund Transfers
Proceeds of Obligations
Appropriated Fund Balance
Total Revenues and Other Sources
Page 3
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
'Operatin.q Fund
Detail of Expenditures and Other Uses
Expenditures
Personal Services
EquiPment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Budget
$172,665.00
64,525.00
201,520.00
29,222.00
50,000.00
$3,297.OO
$521,229.00
39,000.00
Actual
$163,552.02
40,883.82
138,832.45
25,816.11
50,000.00
3,297.00
$422,381.40
33,273.81
$455,655.21
Total Expenditures
Interfund Transfers
Total Expenditures and Other Uses
$560,229.00
Page 4
Component Unit Annual Financial Report
For Mattituck Park District
Assets
For the fiscal year ended December 31, 2008
Capital Fund
Balance Sheet
Cash
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Operating Fund
Prepaid Expenses
Due From Primary Government
$100,000.00
$100,000.00
$0.00
199,800.00
15,191.10
59,238.76
$274,229.86
Liabilities & Fund Equity
Accounts Payable
Notes Payable
Due to Other Governments
Retainages Payable
Due to Operating Fund
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance - Unreserved
(174,229.86/
Total Fund Equity
Total Liabilities & Fund EauJtv
(174,229.86)
$100,000.00
Page 5
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
Capital Fund
Analysis of Changes in Fund Equity
Fund Equity - Be,qinnin,q of Fiscal Year
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses
Fund Eouitv - End of Fiscal Year*
$133,273.81
313,229.86
5,726.19
(179,956.05)
($174,229.86)
* Total includes Appropriated and Unreserved Fund Balance
Page 6
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
Capital Fund
Detail of Revenues and Other Sources
Revenues
Real Property Taxes
Real Property Tax Items
Non-property Tax Items
Departmental Income
Use of Money and Property
Sale of Property and Compensation for Loss
Miscellaneous Local Sources
State Aide
Federal Aide
Budget
$100,000.00
$100,000.00
$39,000.00
199,800.00
5,726.49
Actual
$100,000.00
$100,000.00
33,273.81
$133,273.81
Total Revenues
Interfund Transfers
Proceeds of Obligations
Appropriated Fund Balance
Total Revenues and Other Sources
$344,526.49
Page 7
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
Capital Fund
Detail of Expenditures and Other Uses
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Budget
$344,526.19
$344,526.19
$344,526.19
Actual
$0.00
313,229.86
$313,229.86
$313,229.86
Total Expenditures
Interfund Transfers
Total Expenditures and Other Uses
Page 8
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2008
General Fixed Assets
Assets
Land
Buildings
Other Improvements
Construction in Progress
Machinery & Equipment
Total Assets
511,340.00
692,162.83
331,419.86
228,655.00
1,763,577.69
1,763,577.69
Investment in General Fixed Assets
Page 9
Name and Location of Bank
Capital One Bank
Capital One Bank
MBIA/Class
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 3~, 2008
Cash, Per Balance Sheet
Operatin,q Fund
Less:
Outstand!ng
Bank Balance Checks
$5,155.42 1,425.00
199,950.28
126,128.34
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
Name and Location of Bank
CaPital Fund
Less:
Outstanding
Bank Balance Checks
Add: Cash on
Hand
Add: Cash on
Hand
Adjusted Bank
Balance
$3,730.42
199,950.28
126,128.34
$329,809.04
Adjusted Bank
Balance
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
$0.00
Page l0
Certification of Fiscal Officer
I, John A. Cushman II, certify that I am the fiscal officer of the Mattituck Park District1
and that this report, to the best of my knowledge, information and belief, is a true and
correct statement of the financial transactions and fiscal condition for the fiscal year
Sign~-ur"~- - Title
· . Box 1413 February 9, 2009
Official Address Date
Mattituck, NY 11952
(631) 298-8213
Telephone Number
Please mail report to:
Town Comptroller
Town of Southold
53095 Route 25
PO Box 1179
Southold, NY 11971-0959
If you have any questions relating to this
report, please call Town Hall:
(631) 765-4333
Page 11
2008 Capital Additions
Mattituck Par~ District
Items conver~ed from Construction in Progress to Completed
as of December 31, 2008
Veteran's Park Bulldinu Capital Protect ~ 111/08
5/21/2001 Pimlice Group 3,049.00
5/9/2002 Warren Sambach 3,300.00
5/8/2004 Bob Grigonis Contracting 6,000.00
5/8/2004 Bob G~gonls Contrachng 4,700.00
5/8/2004 Bob GHgonis Contracting 14,500.00
9/7/2004 Bob Grigonis Contracting 33,500.00
10/18/2004 Bob Grigonis Contracting 68,600.00
11/8/2004 Penny Lumber 708.97
12/5/2004 Bob Grigonis Contracting 10,000.00
12/6/2004 Penny Lumber 411.20
12/8/2004 Bob Grigonis Contracting $57,700.00
3/14/2005 Keyspan Energy 4,410.00
4/1112005 Bob GHgonls Contrac~ng 23,100.00
5/11/2005 Penny Lumber 1,650.00
911/2005 Bond Interest 844.86
9/5/2005 Bob GHgonls Contracting 73,925.00
9/9/2005 Artce Drainage Corg. 5,000.00
10/10/2005 Artco Drainage Co~o. 5,151.00
12/8/2005 Artce Drainage Co~p. 3,100.00
12/8/2005 Corazzini Asphalt Inc. 5,050.00
3/6/2006 Matfituck Sanitation 3,237.30
0/10/2006 Artce Drainage Corp. 4,000.00
3/10/2006 Russell Williamson 2,077.00
7113/2006 Bob Grigonis Contracting 25,680.00
7/13/2006 North Fo~ Mechanical 2,424.34
9/14/2006 John Ehlera Land Surveyor 2,850.00
2/8/2007 Mart( K. Conklin 85.00
3/5/2008 Bob G~gonis Contracting 5,000.00
3/8/2008 Coastline Cesspool 1,500.00
0/14/2007 Michael Mapas 1,275.00
5/21/2007 Bob Gdgonis Contrachng 5,000.00
9/13/2007 North Fod( Mechanical 3,200.00
9113/2007 North Fork Mechanicel 5~240.00
386,268.67
Aldrich Lane Llehts O t1130/~8
8/9/2007 Ward Associates 5,000.00
9113/2007 Ward Associates 3,190.00
0/13/2007 Ward Asssciatee 8,000.00
11/6/2007 Ward Assoc~atee 2,000.00
10/15/2008 Ward Associates ae9 600.00
11/10/2008 Ward Associates #11 4,200.00
12/10/2008 Ward Aseodates #12 1,200.00
12/11/2008 Welsbach #1 144,809.80
12/15/2008 Welsbach #2 159,012.20
12/15/2008 Wickham, Braseler, Gon:lon & (~ 211.28
12/15/2008 Wickham, Bressler, Gordon & (; 3~196.58
331,419.86
Notice Publication
Architect Fee
Fencing, excavation
Footings
Foundation
Floor, cast iron
Framing, roof, sheathing
Windows
Electrical
Windows
Electhcal,plumbing, heat, doom,siding,trim, porch ceiling, painting
Electrical,plumbing, heat, doors,siding,trim, porch ceiling, painting
Plumbing, Insulation, drywall
Carpet
Bond Interest
Plumbing,beating,electric, drywall, doors
Deposit on precast
Septic System
DP~wells, tie into downspouts, spread excess fill
Grade, add RCA base, pave 2" asphalt
Dumspter-Bldg Removal
Building Removal
Bathroom Tile
Guttem, bath, contract
Pump/tank, install tiles
Survey
Test back-flow preventors
1st haJf Final Payment
~bandon Cesspools
Certif'/Sanlta~y System
2nd half Final Payment
Partition
French Doom
* Amhitect Fee
· Arci3itect Fee
· Architect Fee
· Architect Fee
10% of Conatmchon Admin
70% of Construction Admln
Final Const~Jction Admin
Payment Request #1
Payment Request ~
Services on Grant Contract
Servicee on Lighting Contract
Total Construction in Progress
· operating fund expenses
717~688,53
Account
A.200
A.201
A.205
A.391
Mattituck Park District
Balance Sheet
As of 12/31/08
Assets
Account Name
Cash
Cash in Time
Cash in MBINCLASS
Due from Capital Fund
Total Assets
Balance
3,730.42
199,950.28
126,128.34
59,238.76
389,047.80__
Account
A.600
A.690
A.909
Liabilities & Fund Balance
Account Name
Accounts Payable
Deferred Revenues
Total Liabilities
Fund Balance
Balance
9,879.54
72,730.00
82,609.54
306,438.26
Total Liabilities plus Fund Balance 389,047.80