The URL can be used to link to this page

Home My WebLink About1996ALL IIt/~BERS I# THIS REPORT HUS! RE RDO#DED TO THE #EARESY DOLLAR. FINAIICIAL REPORT FOR £OtlPONENT UNITS (£urR) OR INDEPENDE~IT SPECIAL PIIRPORF IIIIITS (SPUtR) Special P~Jrpose Unit F~ Southold Park District Nnme of Unit Town of Southold Name of Primary Government (Component) FOR THE FISCAL YEAH ENDED December 31, 1996 STATE OF #EW YORK OFFICE OF Tile SLATE COHPTROLLER DIVISION OF ltUNICIPAL AFFAIRS ALHARY0 HEW YOR~ 12236 In accordance with new reporting requirements pursuant to GASH Statement 16, a separate report must be prepared for each component unit In the reporting entity. Revised 1994 TABLE OF CONTENTS Opera~ ltd Fund Balance Sheet ............................................................................................................... p. 1 Analysts of Changes tn Fund Equft¥ .......................................................................................... p. Z Detail of Revenuee .......................................................................................................... D- 3 Detail of Expenditures ...................................................................................................... p. ~ Cepitat Projects Funds Balance Sheet ............................................................................................................... p. 5 Analyata of Changes tn Fund Equity .......................................................................................... p. 6 Detail of Revenues and Other Sources end Proceeds of Long-Term oblig~tfo~e .................................................. p. 7 Analysis of Capltal Expenditures for Current Year ........................................................................... p. 8 Enterprise Fond Salance Sheet ............................................................................................................... p. 9 State~ont of Revenues, Expenses end changes tn Fur~dEquity .................................................................. p. lO Statement of cash FIo~s ..................................................................................................... p. li TrUSt and Aaencv Funds gelance Sheet - Agency Funds ................................................................................................ p.13 Balance Sheet - Expendable Trust Funds ...................................................................................... p.14 Statement of Revenues, Expenditures and Changes in Fund Equity - Expendable Trust Funds ..................................... p.15 Balance sheet - Non-Expendable Trust Funds .................................................................................. p.16 Statement of Revenues, Expenditurea and Changes in Fund Equity - #on-Expendable Trust Funds ................................. p.l? Statement of Deteral FJxedAeeeta ................................................................................................ p.18 Statement of General Long-Term Debt .............................................................................................. p.19 Notes to Financial State~nents .................................................................................................... DEBT SECT]ON StBtement of Indebtedness ........................................................................................................ p.21 ~48turit¥ SchedUle ................................................................................................................ SUPPLEMENTAL INFORMATION Bank Recoflciifatlon .............................................................................................................. p.26 Certificate of Fiscal Officer .................................................................................................... p.27 December 31 ,1996 ASSETS Investments Taxes Receivable (Net) Other Receivables (Net) State and Federal Aid Receivables From Other F~nds Due From Other Governments Prepaid Expenses Restricted Assets EDP CODE $. 34253 Total Liabilities Special Reserves - _200S -- _205S -- _220S -- _230S -- _245S -- _320S -- _325S 10679 10679 23574 Total Fund Equity 23574 TOTAL ASSETS $. 34253 TOTAL LIABILITIES AND FUND EQUITY 34253 The Notes to the Financial Statements are an integral part of this statement. OPERATING FUND ANALYSIS OF CHANGES IH FUND EQUITY FOR THE FISCAL YEAR ENDED December 31 Fund Equity - Beginning of Fiscal Year* Add: Rever~Jea and Other Sources Deduct: Expenditures and Other Uses Revenues and Other Sources Over (Under) Expenditures and Other Uses Fund Equity - End of Fiscal Year* EDPCODE - _400S - _405S 1996 $ 124850 122701 $ 21425 2149 $ 23574 *Total includes Reserved and Unreserved Fund Batance. Rea[ Property Taxes Rest Property Tax Items #~n-Property Tax Items Departeent.~ Inceme Intergoverr~entsl Charges Uae of #~ey enclPropert¥ Sale of Pr~rty a~ C~atton for Loss Mtsce[le~ L~ai Sources Interf~Rev~es State Aid F~ral Aid TOTAL RE~S Interf~ Tra~fers ProceSs of ~ilgatlons TOTAL RE~S ANO OTHER S~RCES EGP COOE - _5005 - _505S - _510S - _515G _ _520S - _525S - _530S _ _535G - _540S - _565S - _550S _ _555S - _560S 113067 117]1 72 124850 124850 OPERATING FUND DETAIL OF EXPENDITURES AND OTHER USES EDP CODE F~NCTIONALUNIT General Government Support _ _600 Education _ _605 Public Safety _ _610 Health -- _615 Transportation _ _620 Economic Assistance & Opportunity -- _625 Culture and Recreation _ _630 Home and Community Services _ _635 TOTAL oS PERSONAL SERVICES IS $ EQUIPMENT & CAPITAL OUTLAY 2S 21199 22701 CONTRACTUAL EXPENDITURES 4S $. 69595 E~4PLOYEE BENEFITS $ 31907 Employee Benefits Debt Principal Debt Interest i TOTAL EXPENDITURES 122701 122701 Interfund Transfers , TOT~PENDI TURES AND OTHER USES · ASSETS ' Cash Investments Other Recefvebtes {Net) State e~d Federal. Aid Recelwbtes Due From Other Funds Due From Other Governments Inventories Prepaid Expenses Restricted Assets EDP COOE H1005 HI05S Hl15S H1ZO$ H140S LIABILITIES AND FUND EQUITY Accot~t~ rnynb[e Accrued lJabf[itJes Retained Percentages Notes Paysble Other LisbilJties Due to Other Funds Due to Other Governments Deferred Revenues Total Liabilities EDP CODE If2OOg H2055 H210S H215S H220S H2255 H230S Tote! Fund Equity H315S H3205 H3255 TOTAL ASSETS TOTAL LIABILITIES AND FUND EQUITY CAPITAL PROJECTS FUND ANALYSIS OF CHANGES IN FUND EQUITY FOR THE FISCAL YEAR ENDED EDPCOOE Fund Equity - Beginning of Fiscal Year* #400S Add: Revenues and Other Sources Deduct: Expenditures and Other Uses Revenues and Other Sources Over (Under) Expenditures and Other Uses Eund Equity - End of Fiscal Year* N405S *Total tnc{udes Reserved and Unreserved Fund Balance. CAPITAL PROJECTS FUND DEFAIL OF REVENUES ANO OTNER SOURCES Departmental Income Use of Nofley and Property Hlacetlaneous Local. Sources State Aid Federal Aid TOTAL REVENUES Inter fund Transfers Proceeds of Obttgattons TOTAL REVENUES ANT) OTHER SOURCES EDPCOUE H525S H535S NS~SS N550S H555S H560S · · CAPITAL PROJECTS FUND DETAIL OF EXPENDITURES AND OTHER USES BY ADMINISTRATIVE UNIT General Goverr~ent Support Education public Safety HeaLth Tr~ortation Econemlc Assfstanee and Opportunity Culture and Recreation Home and Comm~ity Servfces TOTAL EXPEMOITURES Interfund Transfers TOTAL EXPENDITURES AND OTHER USES ~DPCODE H600.2S $ H605.2S N610.2S H615.2S H620.2S H625.25 H630.2S H635.2S $ H655.gs ENTERPRISE FUND * BALANCE SHEET * AS OF ASSETS EDP CODE Cash E__IOD~ Investments Other RecetYebles (Net) E__1155 State 8nd Federal Aid Receivables OW From other Funds E__1255 ~Fra. Other GeYermt~nte E__1305 Inventories E__135S Prepaid Expenses E__I~OS !estrlcted Assets FlxeclAesets (Net) E__15OS Other Liabilities Due to Other Funds Bond and Long Term Liabilities Tots! Liabilities Fund Eq~tty Contributed Capital Retained Earnings TotaI Fund Equity EDP CODE E__200S E__2055 E__210S E__215S E__2255 E__230S E__2~OS E__2~SB E__3OOS E~IOS TOTAL ASSETS $ The Notes to the Flnancle! Statements ere an Integral pert of this statee~nt. 9. TOTAL EIABILITIES ANT) FUND EOUITY STATEHENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY FOR FISCAL YEAR ENDED Ooeratlng Revenues Chsrges for Services Total Operating Revenues Operating Exmenses Pers~al ServLces Contractual Expenses EmpLoyee Benefits Oepreciation Operating Expenses Operating Inceme (Less) Non-O~eratJng Revenues (Exoenses) Revenues: Use of Honey end Property Sale of Property and Coep. for Loss Expenses: (Specify) Net #on-Oper. Revenue (Expense) Incee~ (Loss) Before Transfers and Taxes Iterating Transfers In Operating Transfers Out Real Property Taxes Net income (Loss) Fund Equity - Beginning of Year Adjustments: (Specify) Fund Equity - End of Year EDPCODE TOTAL E S E S $ E .lS $ E .&S E .8S E__603.4S $ $ E__525S E__530S E S E S E S $ $ E__555S E__655.9S $ E__400S E $ E S E__/~OSS $ 10. STATEBEN1 OF CASH FLO~S FOR TIlE FISCAL YEAS ENDED INCREASE (OECSEASE) IN CASH AND CASH EOUIVALEHTS Cash Flows From Operating Activities= Cash Received from providing Services Cash Payments Contractual Expenses Cash Payments Personal Services & Benefits Other Operating Revenues Net Cash Provided/(Used) by Operating Activities EDP Code Cash Flows from Non-Capital and Financing Activities: Real Property Taxes ~{~erating Grants Received Transfers To/From Other Funds Proceeds of Debt (Non-Capital) payment of Debt (Non-Capital} Interest Rxpenses (Non-Capital) Net Cash Provided/(Used) by Non-Capital Financing Activities E__7123S E__7124S R__7126S E__7129S $ $. cash Flows from Capital and Related Financing Activities Proceeds of Debt (Capital) Principal Payments Debt (Cspital) Onterest Expense (Capital) Capital Contributed by Developers Capital Contributed by Other Funds Payments to Contractors Capital Grants Received from Other Governments Proceeds from Sale of Assets Net Cash Provided/(Used) by Capital and Related Financing Activities E__7132S E__7133S E__7134S R__7137S E__7138S E__7139S 11. STATEMENT OF CASll FLOWS FOR TNE FISCAL YEAN ENDED INCREASE (DECREASE) IN CASH AND CASN EQUIVALENTS (Concluded) !Cash Flows from Investing Activities Purchase of Investments Sale of Investments Interest Income Net Cash Provided/(Used) by Investing Activities Net Increase (Decrease) in Cash and Cash Eq~ivalents Cash and Gash Equivalents at Beginning of Year Cash Equivalents at End of Year RECONCILIATION OF OPERATING INCOME TO ~ET CASH Operating Income (Loss) Adjustments to Reconcile Operating Income to Net Cash Provided/(Used) from Operations: Depreciation Increase/Decrease in Assets'Other than Cash & cash Equivalents Increase/Decrease in Liabilities other than Cash & Cash Equivalents Other Reconciling Items: Total Adjustments Net Cash Provided/(Used) by Operating Activities EDP CODE E__7152S E__7153S E__7159S E__7179S E__7182S E__7184S E__7185S E__7185S H__7185S E__7188S E__7189S Amount 12. ASSETS Cash Investments AGENCY rUBDS * gALANCE SIIEET * RS OF EDPCOOE TAIOOS $ TAI05S AGENCY FUNO LIAfllLITIES Due to Other Funds Other Agency Fund~ (Specify) TA225S TA235S TOTAL ASSETS TOTAL AGENCY LIABILITIES 13. · ' EXPENDABLE TRUST FUND * BALANCE SHEET * AS OF ASSETS Cash EDPCODE TEIOOS TEI05S EXPENDABLE TRUST Library Trust Other Expendable Trust (Specify) EDPCODE TE]I~S TE]17S TOTAL ASSETS TOTAL EXPENDABLE TRUST 14. EXPENDABLE TRUST FUNDS · * · ' ° STATEHENT OF REVENUESw EXPENSES AND CHANGES IH FUND EOUITY REVENUES AND UTHER SOURCES Revenues DepertmanteL Income Use of #oney end Property Hiscetianeous Local Sources Total Rever~es lnterfund Transfers TOTAL REVENUES AND OTHER SOURCES EXPENDITURES AND OTHER USES Expenditures General Governmente! Support Education public Sefety Reelth Transportation Eonncmtc Assistance end Opportunity culture end Recreetion Home end Ccemunlty SerYtce Employee Benefits Debt Service Totel Expenditures lnterfund Trensfere TUTAL EXPENDITURES AND OTHER USES FUND EQUITY BE;IRNI#; OF YEAR EXCESS (DEFICIENCY) EXCESS OF REVENUE AND OTHER SOURCES OVER EXPENDITURES AND UTHER USES EDPCOOE TE515S S TE52rS TE535S S TE555S S TE600.4S S TE605.4S TE610.4S TE615.4S TE620.65 TE625.~S TE630.&S TE635.&S TE660.8S TE665.6S $ 1E655.9S $ TE&OOS $ $ TE~05S S TUNg EQUITY ENO OF YEAR · ' . ' ° NON-EXPENDABLE TRUST FUNDS ~ BALANCE SHEET * AS OF ASSETS Cash EDPCOOE T#IOOS NON-EXPEnDABLE TRUST Library Trust Other Non-Expendabte Trust (Specify) EDPCOOE TN$17S TN$17S TNIO5S $ TOTAL ASSETS TOTAL NON-EXPENDABLE TRUST 16. · · STATEMENT OF REVENUES, EXPENSES ~ C~ANGEE IN FUND EQUITY EDPCODE Others (Specify) TN535S $ Fund Equity Beginning of Year Equity End of Year 17. GENERAL FIXED ASSETS ACCOUNTS * BALANCE SHEET * AS OF ~ssets (Net) EDPCODE K1SOS $. EDPCODE Investment in General Fixed Assets K305S 18. ASSETS EDPCOOE LIABILITIES EDPCODE Amount Available In Debt Service Fu~d U155S /~ounte to be provided for Long-Term U160S ~btlgetlo~s Bond end Long T~rm Lfobt{itfes TOTAL AHOLINT AVAILABLE AND TO BE PROVIDED TOTAL LIABILITIES (Note: This account group should not tnciude Long-term Debt of Proprietary Funds) 19. · ° NOTES TO FINANCIAL STATEHENTS Sun~mry of Significant Accosting Policies NOTE 1 Basis of AccotJflting STATEHENT OF INDEDTEDNESS Honth Current Outstanding Do Hot Include Renewals Here Out~tanding Final List Separately by Date of Issue EDPCOOE and Interest Beginning of Issued During Paid During End of Haturlty Year* Rate Fiscal Year Fiscal Year Fiscal Year Fiscal Year Date T P I 3 5 ? Tax Anticipation Notes: / / Total Tax Anticipation Notes 2P1861 Revenue Anticipation Rotes: / / Total Revenue Antlcipatfnn Notes 2P1862 Budget Notes: / / Total gudget Notea 2P186~ Urban Renewal Notes / / Total Urban Ronewat Notes 2P1866 EDP COOE STATE COMP USE Capital Notea: 2P1865 / 2P1865 / Other Oebt: (Spactfy) / iON NEV ISSUES, PLEASE INSERT NEW ISSUE DATE. O# RENEWAL, PLEASE INSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DIGITS, IE. JANUARY 1994 UOULD BE 01/94. 21. .' , · - STATEMENT OF INDEBTEDNESS List SeparateLy by Date of Issue IEDPCOO~E Month and Tear* Current Interest Hate P Outstanding [ Do Not InoI~ Renewals Here Beginning of Issued During Paid During Fiscal Year Fiscal Year Fiscal Tear 1 3 5 Outstanding I End of Fisca~ Tear Final #aturity Date EDP COOE STATE COMP USE Bofld Anticipation Notes: / / / ~i~BondAnticfpotion Notes 2P1866 **Bans Redeemed Frem Borx:l Proceeds 2P1888 Bonds (List by purpose) / / / / rOBonds 2P1867 / Authority Loans 2P1869 TOTAL OF ALL INOEBTEDNESS PLease note callable features of bond issues and any reserve funds available to pay debt (incLude also in the Notes to Financial Statea~nts). *ON NEg ISSUES, PLEASE INSERT NEU ISSUE DATE. ON RENEWAL, PLEASE INSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DIGITS, IE. JANUARY 1994gOULD DE 01/94. 22. HATURt IY SCIIEDULE EDPCOOE PURPOSE OF ISSUE For SteLe ComptrolLer Use Only 2P3CE TOTAL PRINCIPAL 2P3PR DATE OF ISSUE~ 2P3DT / / / / / / / / / / INTEREST RATE (In Oectmals) ;)P3PC HONTH, DAY end YEAR IRAL HATUR 1TY 2P3DM / / / / / / / / / / Amount of Principal Redeemed 2P39& in or to be Redeemed in fiscal Year Ending tn 2P395 (PLEASE INSERT YEARS 2P396 LAST TUG DIGITS ONLY) 2P397 2P398 2P399 2P300 2P301 continue on Reverse Side 2P302 2P303 *PLEASE INSERT SIX DIGITS, FOR EXAMPLE, JANUARY T, l~&, SHOULD SE SHCRal AS 01/01/96. NOTEt If two or more purposes are combined In e consolidated issue, show the maturity schedule for each purpose. 23. · · MATURITY SCHEDULE BONDS ISSUED DURING THE YEAR EDP COOE Amour of Principal Redeemed 2P305 in or to be Redeemed in Fiscal Year Ending in 2P306 2P307 PLEABE IRSERT YEARS LAST TkO DIGITS OBLY 2P308 2P309 2P310 2P311 2P312 2P313 2P314 2P315 2P316 2P317 2P318 2P319 2P320 26. HAIURITY SCIIEDULE · ' ~ "' ' ~ BONDS ISSUED DURING THE YEAR EDP Ib~o~qt of Prlnc~pat Redeemed 2P321 in or to be Redemed In Fiscal Year Endl~ In 2P322 ~LEASE INS~T YEA~ LAST TUODIGI?~ ONLY 2P324 2P325 2P326 2P327 2P328 2P329 2P330 2P331 2P332 2P333 2Pll& 2P335 2P336 Tota! 25. · · "' ~ BANK RECONCILIATION CASH BY FUNDS, PER BALANCE SHEETS Include Petty Cash Operating Fund Enterprise Fund Capita[ Fund Trust and Agency Funds Debt Service Funds TOTAL CASH 34253 Name and Location of Bank North Fork Bank North Fork Bank North Fork Bank TOTAL ALL FUNDS $ 34253 * BANK BALANCES Identify Bank Batances with Funds by Listing the Applicable Code Letters Fund Less Code Bank Balance Outstanding Checks O 5462 1019 0 10988 0 18822 Add Cash O~ Hand Adjusted Bank Balance B 4443 10988 ;8822 Add: Petty Cash Funds Adjustments (Specify) TOTAL ADJUSTED BANK BALANCE AND PETTY CASH 34253 *These amounts must agree. NOTE: Bank certification forms are not required to be fi[ed ~ith this report. directly with the bank. IIo~ever, the Office of the State Comptroller may confirm bank balances 26. I, Cheryl S. Crane , certify that I am the flscat offtcer of the pi. ease Print Southold Park District , and that this report, to the best of my know{edge, Information and belief, is a true and correct statement of the flnnnctai trnn~actto~s nnd fiscal condition for the fiscal year ended December 3.[ 19 96 P.O. Box 959 Official Address Southold, New York 11971 Secretary/Treasurer Title Date office Telephone go.~ PLEASE HAIL REPORT TO: State of New York office of the State Comptrotter Nureau of Huntctpa! Research & Statistics Alfred E. Smith State Office Building Atbany, New York 12236 IF YOU RAVE QUESTIONS RELATING TO THIS REPORTw PLEASE CALL ALBANY: (518) 474-4014 27.