HomeMy WebLinkAbout2007RECEIVED
i ~ Component Unit Annual Financial Report
For Southold Park District
Southold Town Cl~rk
For the fiscal year ended December 31, 2007
Assets
Operating Fund
Balance Sheet
Cash
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total Assets
Liabilities & Fund Equity
Accounts Payable
Notes Payable
Due to Other Governments
Deferred Revenues
86,1~
86,189
86,189
86,189
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance -- Unreserved
Total Fund Equity
Total Liabilities & Fund Eauitv
Page1
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended December 31, 2007
Operatin,q Fund
Analysis of Changes in Fund Equity
Fund Equity - Beginning 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*
356,854
312,237
$ 41,571
44,617
$ 86~188
* Total includes Appropriated and Unreserved Fund Balance
Page 2
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended December 31, 2007
OperatinR 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
R ~ n t-.q rPc~= i u~]
lotal Revenues
Interfund Transfers
Proceeds of Obligations
Total Revenues and Other Sources
Budget
$ ~
$ 315t000
$ 315,O00
Actual
$ 315,~0
3,666
38,188
356,R54
356,854
Page 3
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended December 31, 2007
Operating Fund
Detail of Expenditures and Other Uses
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Utilities
Budget
$ 115,000
43~850
26,150
55,O~
35,000
40,000
$ 315,000
$ 315,000
Total Expenditures
Interfund Transfers
Actual
$ 122,541
52,302
31,167
30,958
32~67
$ 312,237
$ 312,237
Total Expenditures and Other Uses
Contactural Detail:
Notices
Legal and Professional
Miscellaneous
Truck Expense
Totals
150
1 000
10 000
15 000
26 150
603
13,861
9,219
7,484
31,167
Page 4
$OUTHOLD PARK DISTRICT
FOR THE YEAR ENDED DECEMBER 31, 2007
SITE IMPROVEMENTS DETAIL:
Fencing
Handicap ramp
Trees
Plastic recyclable receptacle
Doors, soffit, window
25 Picnic tables
Lighting
Electrical
Tile
Appliances
Total Site Improvements
PERSONAL SERVICES DETAIL:
Salaries
Payroll Taxes
NYS Retirement System
Total Personal Services
$ 20,325 """
1,727
480
828
13,669
10,347 ~
829
2,466
905
726
$ 52,302
$104,593
10,168
7,780
$ 122,541
PROFESSIONAL FEES DETAIL:
Engineering
Surveys
Accounting
Variance
Health Dept engineering fee
$ 7,232
3,817
775
400
1,637
Total Professional Fees $13,861
Assets.
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended 12/31/07
Capital Fund
Balance Sheet
Not Applicable
Cash
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
$
$
$
$
$
$
$
Liabilities & Fund Equity
Accounts Payable
Notes Payable
Due to Other Governments
Deferred Revenues
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance -- Unreserved
Total Fund Equity
Total Liabilities & Fund Eouity
Page 5
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended 12/3]:/07
Capital Fund
Analysis of Changes in Fund Equity
Not applicable
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*
* Total includes Appropriated and Unreserved Fund Balance
Page 6
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended December 31. 2007
Capital Fund
Detail of Revenues and Other Sources~°t app~ioabZe
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 Actual
$ $
Total Revenues
$
$
$
$
Interfund Transfers
Proceeds of Obligations
Total Revenues and Other Sources
Page 7
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended December 31, 2007
Capital Fund
Detail of Expenditures and Other Uses ~ot
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Budget
$
applicable
Actual
Total Expenditures
Interfund Transfers
$
$
Total Expenditures and Other Uses
Page 8
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended 12/31/07
General Fixed Assets
Not applicable
Assets
Land $
Buildings
Machinery & Equipment
Total Assets $
Inoformation not
available
Investment in General Fixed Assets $
Page 9
Name and Location of Bank
North Fork bank
Component Unit Annual Financial Report
For Southold Park District
For the fiscal year ended December 31, 2007
Cash, Per Balance Sheet
.Operating Fund
Less:
Outstanding
Bank Balance Checks
94,453 8,265
Add: Cash on
Hand
Adjusted Bank
Balance
86,188
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
$86,188
Adjusted Bank
Balance
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
Page 10
Certification of Fiscal Officer
Linda Bertan i , certify that I am the fiscal officer of the
.~n.~h,~]a p~.~v District , 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 ended
Signature
PO Box 959
Official Address
ql: PO07
Title
Date
Telephone Number
,qnn~- hnl r't . ~y 1Iq71
Pleas~ort 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