HomeMy WebLinkAbout2010Component Unit Annual Financial Report
For Mattituck Park District
Assets
For the fiscal year ended December 31, 2010
Operating Fund
Balance Sheet
Cash
Cash in Time
Petty Cash
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due from Capital Fund
Prepaid Expenses
Due From Primary Government
$1,171.74
436,078.02
50.00
$437,299.76
$93,171.59
7,450.00
4,515.35
$105,136.94
106,000.00
226,162.82
332,162.82
$437,299.76
Liabilities & Fund Equity
Accounts Payable
Due to Capital Fund
Due to Other Governments
Deferred Revenues
Retained Percentages
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance -- Unreserved
Total Fund Equity
Total Liabilities & Fund Eouitv
Page 1
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
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 Eauitv - End of Fiscal Year*
497,767.71
564,526.62
$398,921.73
(66,758.91)
$332,162.82
* Total includes Appropriated and Unreserved Fund Balance
Page 2
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
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
Gifts and Donations
Refunds Prior Year Expense
Miscellaneous Local Sources
State Aide
Federal Aide
Budget
$459,952.00
10,750.00
10,000.00
8,500.00
$489,2O2.OO
$175,000.00
$664,202.00
Actual
$459,952.00
60.26
13,982.00
3,130.10
4,400.00
105.35
16,138.00
$497,767.71
$497,767.71
Total Revenues
Interfund Transfers
Proceeds of Obligations
Appropriated Fund Balance
Total Revenues and Other Sources
Page 3
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
Operating Fund
Detail of Expenditures and Other Uses
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Budget
$161,796.00
265,000.00
149,906.00
40,O00.0O
40,000.00
$7,500.00
$664,202.00
$664,202.0O
Actual
$135,662.56
259,260.24
103,721.12
24,994.17
40,000.00
888.53
$564,526.62
$564,526.62
Total Expenditures
Interfund Transfers
Total Expenditures and Other Uses
Page 4
Component Unit Annual Financial Report
For Mattituck Park District
Assets
For the fiscal year ended December 31, 2010
Capital Fund
Balance Sheet
Cash
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Operating Fund
Prepaid Expenses
Due From Primary Government
Total Assets
$0.00
50,000.00
$50,000.00
Liabilities & Fund Equity
Accounts Payable
Notes Payable
Due to Other Governments
Retainages Payable
Due to Operating Fund
Total Liabilities
Fund Balance - Appropriated ensuing year
Fund Balance - Unreserved
(50,000.00)
Total Fund Equity
(5o,ooo.oo)
Total Liabilities & Fund Eouitv
$0.00
Page 5
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
Capital 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 Eouitv - End of Fiscal Year*
* Total includes Appropriated and Unreserved Fund Balance
$40,000.00
0.00
(90,000.00)
40,000.00
($50,000.00)
Page 6
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
Capital 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
Actual
Total Revenues
Interfund Transfers
Proceeds of Obligations
Appropriated Fund Balance
Unappropriated Fund Balance
BANs Redeemed from Appropriations
Total Revenues and Other Sources
$0.00
$o.oo
$0.00
40,000.00
$40,000.00
Page 7
Component Unit Annual Financial Repod
For Mattituck Park District
For the fiscal year ended December 31, 2010
Capital Fund
Detail of Expenditures and Other Uses
Expenditures
Personal Services
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Budget
Actual
Total Expenditures
Interfund Transfers
$0.00
$o.oo
$0.00
$o.oo
Total Expenditures and Other Uses
Page 8
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
General Fixed Assets
Assets
Land
Buildings
Improvements Other Than Buildings
Machinery & Equipment
Construction in Progress
Infrastructure
Total Asset__s
Investment in General Fixed Assets
511,340.00
773,884.12
25,100.00
228,655.00
92,382.00
459,626.86
2,090,987.98
2,090,987.98
Page 9
Name and Location of Bank
Capital One Bank
Capital One Bank
MBIA/Class
Component Unit Annual Financial Report
For Mattituck Park District
For the fiscal year ended December 31, 2010
Cash, Per Balance Sheet
Operating Fund
Bank Balance
$5,353.75
309,367.23
126,710.79
Less:
Outstanding
Checks
4,182.01
Add: Cash on
Hand
Adjusted Bank
Balance
$1,171.74
309,367.23
126,710.79
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
50.00
$437,299.76
Name and Location of Bank
Capital Fund
Less:
Outstanding
Bank Balance Checks
Add: Cash on
Hand
Adjusted Bank
Balance
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
$0.00
Page 10
For the fiscal year ended December 31, 2010
Certification of Fiscal Officer
I, John A. Cushman II, certify that I am the fiscal officer of the Mattituck Park 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 Dec~./~ber,~y09.
P.O Signature
· . Box 1413
Official Address
Mattituck, NY 11952
Treasurer
Title
February 8, 2011
Date
(631) 298-8213
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