HomeMy WebLinkAbout2008RECEP~q~D
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
Southold Town C~?~he fiscal year ended
Assets
DECEMBER 31,
Operating Fund
Balance Sheet
Cash
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
2008
$ 123,1~Q,
Total Assets
$ 123,180
$
3,122
$ 3,122
$
Liabilities & Fund Equity
Accounts Payable
Notes Payable
Due to Other Governments
Deferred Revenues
Payroll Taxes Payable
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance -- Unreserved
120,058
Total Fund Equity
$ 120,058
$ 123,180
Total Liabilities & Fund Eouitv
Page1
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2008
Operating 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 Eeuitv - End of Fiscal Year*
359,625
325,755
$ 86,188
$ 120,058
* Total includes Appropriated and Unreserved Fund Balance
Page 2
Component Unit Annual Financial Report
Fo.r SOUTHOLD PARK DISTRICT
DECEMBER 31, 2008
For the fiscal year ended
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
Miscellaneous Local Sources
State Aide
Federal Aide
Budget
$ 315,000
Actual
44,625
$ 359,625
$ 359,625
Total Revenues
$ 315,000
$315,000
Interrund Transfers
Proceeds of Obligations
Total Revenues and Other Sources
Use of Money and Property:
Rents received
Interest income
Donation
Miscellaneous and admissions
Total
36,363
2,006
2,500
3,756
44,625
Page 3
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended December 31,2008
Operating Fund
Detail of Expenditures and Other Uses
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Maintenance
(Equipment Put)
n~h~ fsee below)
TotalExpenditums
Budget
$ 123,700
55,000
35,000
35,000
66,300
$ 315,000
$ 315,Q00
Interfund Transfers
Actual
$126 ¢ 563
d0,202
24,349
61,125
73,516
$ 325,755
$ 325,755
Total Expenditures and Other Uses
Other:
Site improvements
Truck expense
Miscellaneous
Legal and professional
Notices
Totals
47,150
9,000
9,000
1,000
150
66,300
44,754
7,666
6,910
13,959
227
73,516
Page 4
SOUTHOLD PARK DISTRICT
FOR THE YEAR ENDED DECEMBER 31, 2008
SITE IMPROVEMENTS DETAIL:
Fencing
Doors and Building
Grills and Tables
Environment system and wiring
Rug
Total Site Improvements
$19,950
9,920
8,055
6,222
6O7
$ 44,754
PERSONAL SERVICES DETAIL:
Salaries
Payroll Taxes
NYS Retirement System
$109,520
8,378
8.665
Total Personal Services
$126,563
PROFESSIONAL FEES DETAIL:
Engineering
Surveys
Accounting
$10,765
2,419
775
Total Professional Fees $13,959
Assets
Component Unit Annual Financial Report
SOUTHOLD P~RE2 DISTRICT
For
DECEMBER 31, 2008
For the fiscal year ended
Capital Fund
Balance Sheet
N/A
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
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance -- Unreserved
Total Fund Equity
Total Liabilities & Fund Eouitv
Page 5
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2008
Capital Fund
Analysis of Changes in Fund Equity
N/A
Fund Equity - Beqinning of Fiscal Year
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses
Fund Eduitv - F:nd 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, 2008
Capital Fund
Detail of Revenues and Other Sources
N/A
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 DRCRMR~,~ 31,
Capital Fund
Detail of Expenditures and Other Uses
2008
N/A
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Budget
$
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 F~I~M~.R~
General Fixed Assets
pno8
Assets
Land $
Buildings
Machinery & Equipment
Total Assets $
Investment in General Fixed Assem $
Information not
available
Page 9
Name and Location of Bank
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2008
Cash, Per Balance Sheet
.Operating Fund
Less:
Outstanding
Bank Balance Checks
151 , 431 . 25 28251 . 48
Add: Cash on
Hand
0
Adjusted Bank
Balance
123,179.77
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
Name and Location of Bank
Capital Fund
Less:
Outstanding
Bank Balance Checks
N/A
Add: Cash on
Hand
.,$ 123,180
Adjusted Bank
Balance
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
Page 10
Certification of Fiscal Officer
Linda Bertani , certify that I am the fiscal officer of the
Southold Park Di strict , 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 D~em~er ~!.. 2008
Signature Title
PO Box 959
Official Address
Southold, NY 11971
/-Lo
Date
b 31 -'/6F
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