HomeMy WebLinkAbout1996ALL 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.