HomeMy WebLinkAbout1995ALL NUMBERS IN THIS REPORT
MUST BE ROUNDED TO THE
NEAREST DOLLAR.
FINANCIAL REPORT FOR
COMPONENT UNITS (CUFR) OR INDEPENDENT SPECIAL PURPOSE UNITS (SPUFR)
FOR Southold Park District
Name of Unit
To~m of Southold
ga~e of Primary Government (Component)
Pteaae check one
X Component Unit
'Independent
Speciat Purpose Unit
FOR THE FISCAL YEAR ENDED
December 31, 1995
STATE OF NEW YORK
OFFICE OF THE STATE COMPTROLLER
DIVISION OF MUNICIPAL AFFAIRS
ALBANY, NEW YORK 12236
In accordance ,ith ne, reporting requirements pursuant to GASB Statement 14, a aeoarete reoort must be orepared for each component unit in the reporting entity.
Revised 1994
TABLE OF CONTENTS
Operattn9 Fund
BaLance Sheet ............................................................................................................... p. 1
AnaLysis of Changes In Fund Equlty .......................................................................................... p. 2
Detail of Revenues .......................................................................................................... p, 3
Detail of Expenditures ...................................................................................................... p. 4
Capital pTojects Funds
Balance Sheet ............................................................................................................... p. S
Analysis of Changes in Fund Equity .......................................................................................... p. 6
DetaLi of Revenues and Other ScxJrces and Proceeds of Lo, g-Term Obligations .................................................. p. 7
Analysts of Capital Expenditures for Current Year ........................................................................... p. 8
Enterorlae Fund
gei~rlce Sheet ........................ ~ ...................................................................................... p. 9
Statement of Revenues, Expanses and Changes in Fund Equity .................................................................. p.lO
Statement of Cash Fio~a ..................................................................................................... p. ll
TrLmt and Aeer~crv
Balance Sheet - Agency Funds ................................................................................................ p.15
Balance Sheet - Expendable Trust Funds .......... p.14
Statement of Revenues, Expenditures and Changes In Fund Equity - Expendable Trust Funds ..................................... p. 15
Balance Sheet - No~-Exper~labLe Trust Fund~ ....................................................... ............... ....... ..... p.16
Statement of Revefxles, Exp~-~Iturus and Changes in Fund Equity - Non-Expendable Trust Funds .................................
Statement of General Fixed Assets ................................................................................................ p.18
Statement of 6anerei Lon.-Term Debt .............................................................................................. p.19
~otes to Financial State,lents .................................................................................................... p.~O
DEBT SECTION
Statement of Indebtedness ........................... p.21
Heturtt¥ Schedule ................................................................................................................ p.~.~
SUPPLENENTAL INFORNATION
Bank ReconciLiation .............................................................................................................. p.26
Certificate of Fisca[ Officer .................................................................................................... p.27
OPERATING FUND * BALANCE SHEET * AS OF December 31 1996
ASSETS
Cash
Investments
Taxes Receivable (Net)
Other Receivables (Net)
State and Federal Aid
Receivables
From Other Funds
Due From Other Governments
Inventories
Prepaid Expenses
Restricted Assets
EDP CODE
-- _135S
-- _140S
22655
LIABILITIES AND FUND EQUITY
Accounts Payable
Accrued Liabilities
Retained Percentages
Notes Payable
Other Liabilities
Due to Other Funds
Due to Other Governments
Deferred Revenues
Total Liabilities
Fund Balance - Reserved
Encumbrances
Speclal Reserves
Unreserved Fund Balance -
Total Fund Equity
EDP CODE
_ _200S
_ _205S
_ _210S
_ _220S
_ _230S
_ _320S
-- _325S
$, 1230
1230
21425
21425
TOTA~ ASSETS $ 22655
TOTAL LIABILITIES AND FUND EQUITY
22655
The Notes to the Financial Statements are an integral part of this statement.
OPERATING FUND
ANALYSIS OF CHANGES IN FUND EQUITY
FOR THE FISCAL YEAR ENDED Decembe£ 31 ,1996
Fund Equtt¥- Neofnnino of Fiscal Year*
Add: Revenues and Other Sources
Geduct: Expenditures and Other Uses
Revenues and Uther Sourcos Over (Under}
Expenditures and Other Uses
Fund Equity - End of Fiscal Year*
EDPCORE
_._~OOS
$ 119859
131528
- _~05S
$ 33094
(11669)
21425
*Totat includes Reserved and Unreserved Fund Natance.
~ERATING FUND - DETAIL OF REVENUES AND OTHER S~RCES
Real Property Taxes
Real Property Tax items
Non-~roperty Tax %tea~
Departmental inc(me
intergovernmental Charges
Uae of Money and Property
SaLe of Property and Compensation for Loss
MisceLLaneous Local Seurces
]nterfund Revenues
State Aid
FederaL Aid
TOTAL REVENUES
Interfund Transfers
Proceeds of ObLigations
TOTAL REVENUES AND OTHER SOURCES
EDP CODE
__500S
- _505S
__510S
__515s
- _520S
__sass
- _530S
__535s
- _5&OS
_ _545S
_ _5505
_..~55s
__56os
107050
12635
174
s 119859
$ 119859
DETAIL OF EXPENDITURES AND OTHER USES
CODE
FUNCTIONAL UNIT
General ~overnment Support -- _600
Education -- _605
Public Safety -- _610
Health -- _615
Transportation _ _620
Economic Assistance & Opportunity -- _62S
Culture and Recreation _ _630
Home and Community Services _ _635
05
131528
42039
60721
LOYE B FI
28768
Employee Benefits
Debt Principal
Debt Interest _ _650.?S
$, 131528
$. 131528
Interfund Transfers
TOTAL EXPENDITURES AND OTHER USES
ASSETS
Cash
Investments
Other Receivables (Net)
State and Federal Aid
Receivables
Due Fr(xn Other Funds
Due Fr(xn Other Goverr~enta
Inventories
Prepaid Expenaec
OeetrlctedAssets
CAPITAL PROJECTS FUNS * BALANCE SHEET * AS OF
EOP CODE
HIOOS
H105S
Hl15S
H120S
H125S
H130S
H155S
HI&OS
H145S
LIABILITIES AND FUND EQUITY
Accounts PayabLe
Accrued Llabtiitlec
Retained Percentages
Notes Payable
Other Liabilities
Due to Other Funds
Due to Other Governments
Deferred Revenues
Total Liabilities
Fund Balance - Reserved
Encunbrancea
Special Reserves
Unreserved Fund Balance -
EDP COOE
H200S
H205S
H210S
H215S
H2205
H225S
H230S
H245S
N315S
H320S
H325S
$
$
Totat Fund Equity
TOTAL ASSETS
TOTAL LIABILITIES AND FUND EQUITY
CAPITAL PROJECTS FUNO
ANALYSIS OF CHANGES IN FUND EQUITY
FOR THE FISCAL YEAR ENDED
Fund Equity - Beginning of Fiscal Year*
EDPCOOE
H400S
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues end Other Sources Over (Under)
Expenditures end Other Uses
Fund Equity - End of Fiscal Year*
H405S
*Toter includes Reserved and Unreserved Fund BaLance.
CAPITAL PROJECTS FUND
DETAIL OF REVENUES AND OTHER SOURCES
Departm~tat Inc~.e
Use of None/and Property
Hisceitarteous Locat Sources
State Aid
FeStal
TOTAL HE~NUEH
Interfund Trar~fera
Proceeds of Obligations
TOTAL REVENUES AND OTHER SOURCES
EDPCOOE
H515S
H525S
f1535S
H545S
H550S
H5556
R560S
$
$
$
CAPITAL PROJECTS FUND
DETAIL OF EXPERDITURES AHD OTRER USES
BY ADNINISTRATIVE UNIT
Educatio~
Pubi|c Safety
Health
Transportation
Economic Assistance and Opportunity
Interfund Transfers
EDPC~OE
H600.2S $
H&05.2S
H610.2S
H615.2S
H620.2S
H625.2S
H630.2S
H635.2S
$
H65S.9S
ASSETS
Cash
Investments
Other Receivables (Net)
State and Federal Aid
Receivables
From Other Funds
Due Fr(x. Other Doverram~ts
Inventories
Prepaid Expenses
Restricted Assets
Flxed Assets (Ret)
ENTERPRISE FUND * BALANCE SHEET * AS OF
EDP COOE
E__IOOS S
E__105S
E__115S
E__120S
E__125S
E~150S
E__1355
E__14OS
E__145S
E~1505
LIABILITIES AND FUND EQUITY
Accounts Payable
Accrued Liabilities
Retained Percentages
Notes Payable
Other Liabilities
Due to Other Funds
Due to Other Governments
Bond and Long Term Liabilities
Deferred Revenues
Total Liabilities
FunclEqutty
Contributed Capital
Retained Earnings
Total Fund Equity
EDP C~OE
E__ZOOS
E__2055
E__210S
E__215S
E__2205
E__225S
E___Z30S
£.__2~0S
E__2~5S
E.__~OOS
E.~IOS
TOTAL ASSETS $
The Notes to the Financial Statements are an integral part of this statement.
9.
TOTAL LIABILITIES AND FUND EQUITY
Oesrstina Revenues
Charges for Services
Total Operating Revenues
Ooeratlns Exoensea
Persenai Services
contractual Expenses
Emptoyee Benefits
Oeprectstion
Toter Operating Expenses
Operating Income (Loss)
#on-Ooeratina Revenues (Exmenses)
Use of Honey and Property
Sate of Property and Comp. for Loss
Expenses: (Specify)
Net #on-Oper. Revenue (Expense)
Income (Loss) Before
Transfers and Taxes
Operating Transfers in
Operating Transfers Out
Real Property Taxes
Net income (Loss)
Fund Equity - Beginning of Year
Adjustments: (Specify)
Fund Equity - End of Year
ENTERPRISE FUNDS
STATEMENT OF REVENUES, EXPENSES AND CHANGES lB FUNU EGUITY
FOR FISCAL YEAR ENDED ,
EDPCODE TOTAL
E S
E S
S
E .1S
E
E .8S
E___603.&S
$
$
E__525S
E__530S
E S
E S
E S
$
E__555S
E__655.gS
E
$
E.~,.~OOS $
E S
E S
E._~OSS $
10.
· ° STATEHENT OF CASH FLO~/S FOR THE FISCAL YEAR ENDED
INCREASE (DECREASE) IN CASH AND CASH EGUIVALENTS
Cash Flows From O~erating 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
Cash Flows from Non-Capital and Financing Activities:
Real Property Taxes
Operating Grants Received
Transfers To/From Other Funds
PrOceeds of Debt (Non-Capital)
Payment of Debt (Non-Capital)
Interest Expenses (Non-Capital)
Nat Cash Provided/(Used) by Non-Capital Financing Activities
Cash Flows from Capital and Related Financing Activities
Proceeds of Debt (Capital)
Principal Payments Debt (Capital)
Interest Expense (Capital)'
Capital Contributed by Developers
Capital Contributed by Other Funds
Payments to Contractors
Capital Grants Received from Other ~overm~nts
Proceeds from Sale of Assets
Net Cash Provided/(Used) by Capital and Related Financing Activities
11.
EDP Code
E__7114S
E__7122S
E__7123S
E__7124S
E__7129S
E__7132S
E__7135S
E__7137S
E__7138S
STATF~T OF CASH FLOWS FOR THE FISCAL YEAR ENDRD ' '
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (Concluded)
Cash Flows frcm Investing Activities
Purchase of Investments
Sale of Investments
Interest Income
Net Cash Provided/(Used) by Investing Activities
Net Increase (Decrease) in Cash and Cash Equivalents
Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equlvalents at End of Year
RECONCILIATION OF OPERATING INCOME TO NET 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=
EDP CODE
E.__7152S
E~7159S
E__7171S
E__7182S
E__7183S
E__7184S
Total Adjustments
Net Cash Provided/(Used) by Operatln9 Activities
L7185s
E._.7~85S
E__7185S
E__7185S
E.~7188S
E__7189S
12.
AGENCY FUNDS * BALANCE SHEET * AS OF
ASSETS
Cash
Investments
EDPCODE
TAIOOS $
TA1QSS
AGENCY FUND LIABILITIES
Due to Other Funds
Other Agency Funds (Specify)
EDPCODE
TA225S
TOTAL ASSETS
TOTAL AGENCY LIABILITIES
13.
EXPENOASLE TRUST FUND * BALANCE SHEET * AS OF , --
ASSETS
Cash
EDPCOOE
TEIOOS
TEI05S
$
$
EXPENDABLE TRUST
Library Trust
Other Expefldabie Trust (Specify)
EDPC~OE
TE31?S
TE317S
TOTAL ASSETS
TOTAL EXPENDABLE TRUST
14.
EXPENDABLE TRUST FUNDS
STATEHENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY
REVENUES AND OTHER SOURCES
De~rtmentet Inc~
Use of Noney and Pr~erty
Expenditures
Education
PubLic Safety
Hemith
Home and Community Service
Emptoyee Ber~fits
OVER EXPENDIT~ES AND OTHER USES
FUND EQUITY END OF YEAR
EDPC~OE
TE515S
TE52?S
TE535S
TE555S
TE6OO.&S
TE605.4S
TE610.&S
TE615.45
TE620.4S
TE625.4S
TE630.~S
TE635.4S
TE640.8S
TE6~5.6S
TE655,9S
TE&OOS
TE&05S
S
S
$
15.
NON-EXPENDABLE TRUST FUNDS * RALABCE SHEET AS OF
ASSETS
EDPCOOE
NON-EXPENDABLE TRUST
EDPCODE
Cssh
TNIOOS $
Library Trust
Other Non-ExpendsbLe Trust (Specify)
TR317S
TR31?S
TNIOaS $
TOTAL ASSETS
TOTAL NON-EXPENDABLE TRUST
16.
NON-EXPENDABLE TRUST FINDS
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY
Others (Specify)
Total Revenues
d Equity Beginning of Year
Fund Equity End of Year
EDPCODE
TN400S $
TN405S $
17.
GENERAL FIXED ASSETS ACCODNTS * BALANCE SHEET * AS OF
Assets (Net)
EDPCODE
K150S
EDPCODE
Investment in General Fixed Assets K305S
18.
GENERAL LONG-TERN OBLIGATIONS * BALANCE SHEET * AS OF
ASSETS EDpCODE
Amount Avalteble In Debt Service Fund U1555
Amount. to be provided for Long-Term W160S
Obligations
LIAGILITIES
Bond and Lun~ Term LiGbtiitles
EDPCO0~
U240S
TOTAL ANOUNT AVAILABLE AND TO BE
PROVIDED
TOTAL LIABILITIES
(Note: This eccount group ehoutd not ~nciude Long-term Debt of Proprfeter¥ Funds)
NOTES TO FINANCIAL STATEI~NTS
Summary of Significant Accounting
NOTE 1
Basis of Accounting
20.
5TATENENT OF iNDEBTEDNESS
ionth Current Outstanding Do Not inc[udeRenees[s Here Outstanding Final
List Separately by Date of Issue EDPCO0~ end Interest Beginning of Issued During Paid During End of Haturity
Year* Hate Fiscal Year Fiscal Year Fiscal Year FfscaL Year Date
T P 1 3 § ?
Tsx Anticipation Notes: /
/
TotsL Tax Anticipation Notes 2P1861
Revenue Anticipation Notes: /
/
Total Revenue Anticipation Notes 2P1862
Budget Notea: /
/
Total Budget Notes 2P1863
Urban Renewal Notes /
/
Tote[ Urban Renewal Notes 2P1864
EDP COOE
STATE CONP USE
Capital Notes: 2P1865 /
ZP1865 /
Other Debt: (Specify) /
*ON NE~ ISSUES, PLEASE iNSERT NEW iSSUE DATE. ON RENEWAL, PLEASE iNSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DIGITS, II. JANUARY 1994 MOULD BE 01/94.
21.
ST~E~NT OF iNDEBTEDNESS
List Separatsiy by Oate of issue
I I Noflth
EDPCODEand
Year*
T
EDP CODE
STATE CONP USE
Outstanding
Os Not Include Rena~aLa Sere
Issued During I Paid During
Fiscal YearI Fiscal Year
3 5
Rate
P
Beginning of
Fiscal Year
1
OutstandingI Final
End of Haturity
Fiscs~ Year Date
BnndAnticipation Notes:
/
/
/
Total Bond Antictpation Notes 2P1866
**Sans Redeemed From Bofld Proceeds ZP1888
Bonds (List by purpose)
/
/
/
/
total Bonds 2P1867 /
Authority Loans ZP1869
TOTAL OF ALL ZNDEBTEDNESS
PLease note callable features of bond issues and any reserve funds available to pay debt (include also in the Notes to Financial Statements).
*ON NEU ISSUES, PLEASE INSERT NEU ISSUE DATE. ON RENEWAL, PLEASE INSERT LATEST RENEWAL DATE. PLEASE INSERT & DIGZTS, IE. JANUARY 19~4 WOULD BE 01/94.
22.
HATURITY SCHEDULE
NOND$ ISSUED DURING THE YEAR
EDPCOOE
PURPOSE OF ISSUE
For State ComptroLler Use Only 2PICE
TOTAL PRINCIPAL 2P]PR
DATE OF ISSUE* 2P]DT / / / / / / / / / /
INTEREST RATE (In DecimaLs) 2P]PC
TH, DAY arx] YEAR
FINAL MATURITY 2P3D# / / / / / / / / / /
Amount of Principal Redeemed 2P39~
tn or to beRedeemed in
fiscal Year Ending in
2P395
(PLEASE INSERT YEARS EP396
LAST TgO DISITS ONLY)
2P397
~P398
2P399
2P300
ZP301
Continue on Reverse Side
2P~02
2P30&
*PLEASE INSERT SiX DIGITS, FOR EXN4PLE, JANUARY 1, 199&, SHOULD SE SNO~N AS 01/01/9&.
NOTE: If tNo or more purposes are combined in e consolidated issue, sho~ the maturity schedule for each purpose.
25.
HATURZ TY SCHECULE
BOI~)S ZGSUED DURING THE YEAR
EDP C~)E
I~uount of PrincilMt Redeemed 2P305
fn or to beRedeemed iff
Fiscal Year Ending in
2P306
2P307
PLEASE LH~ERT YEARS
LAST T~ODIGLTSOHLY 2P308
2P$09
ZP310
2P311
~P31~
2P313
2P31~
2P315
2P316
?;'317 ,~,
~P318
2P319
2P320
MATURITY SCHEDULE
BONDS ISSUED DURIRG THE YEAR
EDP COOE
Rmount of Principal Redeemed 2P321
in or to be Redeemed tn
FJscat, Year Ending in
2P322
PLEASE INSERT YEARS
LAST TNO DIGITS ONLY 2P323
2P32~
2P325
2P326
2P327
2P328
2P329
2P330
2P331
2P332
2P333
2P33~,
2P335
2P336
Total
25.
SANK RECONCILiATiON
CASN BY FUNDS, PER BALANCE SHEETS
IncLude Petty Cash
Operating Fund
Enterprise Fund
Capital Fund
Trust and Agency Funds
Debt Service Funds
TOTAL CASH
$ 22655
TOTAL ALL FUNDS $ 22655 *
Name and Location of Bank
North Fork Bank
North Fork Bank
North Fork Bank
SANK BALANCES
Identify Bank BaLances with Funds by Listing the ARoLicabie Code Letters
Fund Less
Code Bank BaLance Outstanding Checks
0 1081 112
0 3337
0 18349
Add Cash on Hand
Adjusted
Bank BaLance
$ 969
3337
18349
Add: Petty Cash Funds
Adjustments
(Specify)
TOTAL ADJUSTED BANK BALANCE AND PETTY CASH
S 22655 .
*These amounts must agree.
NOTE: Bank certification forms are not required to be filed with this report. However, the Office of the state Con~ptroHer may confirm bank balances
directly ~tth the bank.
26.
· ' ' ' CERTIFICATE OF FISCAL OFFICER
I, CherT! S. Crane , certify that I am the fisca[ officer of the
P[ee§e Print
Southold Park Distrzct , and that this report, to the best of rfc/ knowtedge,
information and betief, is e true end correct etate~nent of the finoncfa[ treneactions end
fiscal condition for the ftscei year onded December 3 1, 1~ 96
~ Signature
P.O. Box 959
Official Address
Southold, New York ! 1971
Secretary/ Treasurer
Tit{e
/ /Date
office TeLephone No.
PLEASE HAIL REPORT TO:
State of New York
Office of the State Co~trotLer
Bureau of Hunlctpe[ Research & Statistics
Alfred E. Smith State Office Building
Atbony, New York 127.36
IF YOU HAVE QUESTIONS RELATING TO THIS
REPONT~ PLEASE CALL ALBANY:
(518) 474-4014
27,