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Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT FEB 1 4 2014
For the fiscal year ended DECEMBER 31. 2013
Operating Fund -
Balance Sheet
Assets
Cash $24,465
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total Assets $24,465
Liabilities & Fund. Equity
Accounts Payable $0
Notes Payable
Due to Other Governments
Deferred Revenues
Total Liabilities $0
Fund Balance - Appropriated ensuing year $
Fund Balance Unreserved $24,465
Total Fund Equity $24,465
Total Liabilities & Fund Eauity $24,465
Page 1
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2013
Operating Fund
Analysis of Changes in Fund Equity
Fund Equity - Beainning of Fiscal Year $50,003
Add: Revenues and Other Sources $369,912
Deduct: Expenditures and Other Uses -$395,450
Revenues and Other Sources Over (Under)
Expenditures and Other Uses -$25,538
Fund Eauity - End of Fiscal Year* $24,465
* Total includes Appropriated and Unreserved Fund Balance
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Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31. 2013
Operating Fund
Detail of Revenues and Other Sources
Revenues Budget Actual
Real Property Taxes $321,300 $321,300
Real Property Tax Items
Non-property Tax Items
Departmental Income
Use of Money and Property $48,612
Sale of Property and Compensation for Loss
Miscellaneous Local Sources
State Aide
Federal Aide
Total Revenues $321,300 $369,912
Interfund Transfers
Proceeds of Obligations
Total Revenues and Other Sources $321,300 $369,912
USE OF MONEY AND PROPERTY:
RENTAL INCOME $42,985
INTEREST INCOME $69
VIEWER INCOME $157
ADMISSION FEES $5,401
TOTAL $48,612
Page 3
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2013
Operating Fund
Detail of Expenditures and Other Uses
Exoenditures Budget Actual
Personal Services $140,000 $179,180
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
INSURANCE $48,000 $74,369
UTILITIES $40,000 $37,099
MAINTENANCE $46,000 $66,251
OTHER: SEE BELOW $47,300 $38,551
Total Expenditures $321,300 $395,450
Interfund Transfers
Total Expenditures and Other Uses $321,300 $395,450
OTHER:
SITE IMPROVEMENTS $24,050 $20,600
TRUCK EXPENSES $10,000 $7,078
MISCELLANEOUS $10,000 $9,746
LEGAL AND PROFESSIONAL $3,000 $960
NOTICES 250 167
TOTALS $47,300 $38,551
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SOUTHOLD PARKDISTRICT
FOR THE YEAR ENDED DECEMBER 31, 2013
SITE IMPROVEMENTS DETAIL:
PLAYGROUND EQUIPMENT $8,150
PAVING HORTONS POINT 12,450
TOTAL $20,600
PERSONAL SERVICES DETAIL:
SALARIES $ 147,549
PAYROLL TAXES 11,288
QUICKBOOKS PAYROLL SVC 1,679
NYS RETIREMENT SYS 18,664
TOTAL PERSONNEL EXP $ 179,180
PROFESSIONAL FEES DETAIL:
ACCOUNTING $ 960
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31. 2013
Capital Fund
Balance Sheet
Assets NOT APPLICABLE
Cash $
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total~tc $
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 $
otal Liabilities & F and a city $
Page 5
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2013
Capital Fund
Analysis of Changes in Fund Equity
NOT APPLICABLE
Fund Equity - Beginning of Fiscal Year $
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses
Fund Eauity - End 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, 2013
Capital Fund
Detail of Revenues and Other Sources
NOT APPLICABLE
Revenues Budget Actual
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
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 DECEMBER 31. 2013
Capital Fund
Detail of Expenditures and Other Uses
NOT APPLICABLE
Expenditures Budget Actual
Personal Services $ $
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
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_DECEMBER 31, 2013
General Fixed Assets
INFORMATION IS NOT AVAILABLE
Assets
Land $
Buildings
Machinery & Equipment
Tpfal Assets $
Investment in General Fixed Assets $
Page 9
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended-DECEMBER 31, 2013
Cash, Per Balance Sheet
Operating Fund
Less:
Outstanding Add: Cash on Adjusted Bank
Name and Location of Bank Bank Balance Checks Hand Balance
CAPITAL ONE, SOUTHOLD $6,140 2587 $3,553
CAPITAL ONE, SOUTHOLD $20,912 0 0 $20,912
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash $24,465
Capital Fund
Less:
Outstanding Add: Cash on Adjusted Bank
Name and Location of Bank Bank Balance Checks Hand Balance
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash $
Page 10
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended December 31. 2013
Schedule of Employee and Retiree Benefits
1. Please fill in the schedule below using aggregate expenditure amounts from all funds for each account code.
2. Amounts listed should be applicable to your specific District only.
3. Employee counts should reflect the actual number of employees that the District paid benefits for during the year.
4. If you did not have paid employees or did not pay specific benefits for employees, enter zero's in the boxes.
Total # Full Time Employees
Total # Part Time Employees 33
Account Total # of Full Time # of Part Time
Code Description Expenditures Employees Employees # of Retirees
90108 State Retirement System $18,664
90258 Local Pension $0 -
90308 Social Security $11,288 2 33 0
Workers Compensation
90408 Insurance $22,598 2 33 0
90458 Life Insurance $0
90508 Unemployment Insurance $0
90558 Disability Insurance $956 2 33
Hospital and Medical
90608 (Dental) Insurance $26,612 2 0
90708 'Union Welfare Benefits $0
- I -
90898 Other Employee Benefits $0'
Page 11
Certification of Fiscal Officer
I, SANDRA KOLLEN , certify that I am the fiscal officer of the
SOUTHOLD 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 'ear ended DECEMBER 31. 2013.
TREASURER
S nature Title
~ / / Y /
Official Address Date
PO BOX 959
SOUTHOLD, NEW YORK 11971 765-6019
Telephone Number
Please mail report to: If you have any questions relating to this
Town Comptroller report, please call Town Hall:
Town of Southold (631) 765-4333
53095 Route 25
PO Box 1179
Southold, NY 11971-0959
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