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ALL NUMBERS IN THIS REPORT Menge check one
MUST BE ROUNDED TO THE /` Coml >ncnt Unit
NEAREST DOLLAR. _Independent
Special Purpose Unit
FINANCIAL REPORT FOR
COMPONENT UNITS (CUFR) OR INDEPENDENT SPECIAI PURPOSE UNITS (SPUFR)
FOR ( , -zLtrt
Nome cfL� �
Unit
Cf #; RECEIVED
Name of PriTnary Government (Component) JAN '
/9x. southoki Town C1¢rk •
FOR THE FISCAL. YEAR ENDED
*******************************************
STATE OF NEW YORK
OFFICE or THE STATE COMPTROLLER
nivisiou or IIIINICIPAL AFFAIRS
ALBANY, NEW YORK 12236
4111
In accordance with new reporting requirements pursuant to GASB Statement 14, aseparate report must be prepared for each component unit in the reporting entity.
Revised 1994
1 I
TABLE OF CONTENTS
Operating Fund
Balance Sheet p. 1
Analysis of Changes in Fund Equity p. 2
Detail of Revenues p. 3
Detail of Expenditures p. 4
Capital Projects Funds
Balance Sheet p. 5
Analysis of Changes in Fund Equity p. 6
•
Detail of Revenues and Other Sources and Proceeds of Long-Term Obligations p. 7
Analysis of Capital Expenditures for Current Year p. 8
Enterprise Fund
Balance Sheet p. 9
Statement of Revenues, Expenses and Changes in Fund Equity p.10
Statement of Cash Flows p.11
Trust and Agency Funds
Balance 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, Expenditures and Changes in Fund Equity - Non-Expendable Trust Funds p.17
Statement of General Fixed Assets p.18
, 7 r
f I
Statement of General Long-Term Debt p.19
Notes to Financial Statements p.20
DEBT SECTION
Statement of Indebtedness p.21
Maturity Schedule p.23
•
SUPPLEMENTAL INFORMATION
Bank Reconciliation p.26
Certificate of Fiscal Officer p.27
•
OPERATING FUND * BALANCE SHEET * AS OF
ASSETS EDP CODE LIABILITIES AND FUND EQUITY EDP CODE
a Cash _100S $ r� �- 6 O Accounts Payable _ _200S $
Investments _105S g C/L 0 Accrued Liabilities 205S
Taxes Receivable (Net) _ _110S Retained Percentages _ _210S
Other Receivables (Net) _ _115S Notes Payable _ _215S
State and Federal Aid _ _120S Other Liabilities _ _220S
Receivables
Due to Other Funds _ _225S
Due From Other Funds 125S
1111
Due to Other Governments _ _230S
Due From Other Governments130S
Deferred Revenues _ _245S
Inventories 135S
Prepaid Expenses _ _140S Total Liabilities
Restricted Assets _ _145S
Fund Balance - Reserved
Encumbrances3155
Special Reserves320S
Unreserved Fund Balance - _ _325S Z
✓
4110
Total Fund Equity Z /f
TOTAL ASSETS $ 0� Z✓3: DV TOTAL LIABILITIES AND FUND EQUITY $ � 7v3)
The Notes to the Financial Statements are an integral part of this statement.
t.
{
t t r
OPERATING FUND
ANALYSIS OF CHANGES IN FUND EQUITY
FOR THE FISCAL YEAR ENDED
EDPCODE
Fund Equity - Beginning of Fiscal Year* _ _400S $ 13,
Add: Revenues and Other Sources $ 30, 00
Deduct: Expenditures and Other Uses , D -(a/P
Revenues and Other Sources Over (Under) �!j9�`c�,.d�0.,1�
Expenditures and Other Uses
Fund Equity - End of Fiscal Year* _ _405S $ 3 oci
*Total includes Reserved and Unreserved Fund Balance.
4110
2.
OPERATING FUND - DETAIL OF REVENUES AND OTHER SOURCES
i
4
EDP CODE
Real Property Taxes _ _500S E c3 , a b0. el()
Real Property Tax Items _ _505S
Non-Property Tax Items _ _510S
Departmental Income _ _515S
Intergovernmental Charges _ 520S
Use of Money and Property _ _525S C) D i
Sale of Property and Compensation for Loss _ _530S
3
Miscellaneous Local Sources _ _535S
Interfund Revenues _ _540S
State Aid _ _545S -
Federal Aid _ _550S
TOTAL REVENUES E cJ D, C2 1, 06
Interfund Transfers _ _555S
4110
Proceeds of Obligations _ _560S
TOTAL REVENUES AND OTHER SOURCES S 00 9o2.1, U��
3.
• . r Y
OPERATING FUND
DETAIL OF EXPENDITURES AND OTHER USES
t
I
i EQUIPMENT & CONTRACTUAL
A EDP CODE TOTAL PERSONAL SERVICES CAPITAL OUTLAY EXPENDITURES EMPLOYEE BENEFITS
OS 1S 2S 4S 8S
FUNCTIONAL UNIT
General Government Support _ _600 $ $ $ $ $
Education _ _605
Public Safety _ _610 _
Health615
Transportation _ _620
Economic Assistance & Opportunity _ _625 rub,/ �/Q�
Culture and Recreation _ _630 ci.Cda/Dc7 I it 7 �! I.O°
Home and Community Services _ _635 fir •/!�'lllr _ o,27 ybu.a Lj d j5
i
Be fi s
640.8S
_
II Employee ne t _
Debt Principal _ _645.6S
Oa-
NIPLI 061-
Debt Interest _ _650.7S ,��p SOr O //,abll'i q
yfafe f.00 11Y)M ea rA--
TOTAL EXPENDITURES $ 6 O
)I14
Interfund Transfers _ _655.9S
1110
TOTAL EXPENDITURES AND OTHER USES $ OC _
LIS $61
4.
CAPITAL PROJECTS FUND * BALANCE SHEET * AS nr
r
ASSETS EDP CODE LIABILITIES AND FUND EQUITY EDP CODE
Cash H100S R Accounts Payable H200S
Investments H105S Accrued liabilities H205S
Other Receivables (Net) H115S Retained Percentages H210S
State and Federal Aid Notes Payable H215S
Receivables H120S
Other Liabilities H220S
Due From Other Funds H125S _
Due to Other Funds H225S
Due From Other Governments H130S
Due to Other Governments H230S
Inventories H135S
Deferred Revenues H245S
Prepaid Expenses H140S
Restricted Assets H145S Total Liabilities
Fund Balance - Reserved
Encumbrances H315S
Special Reserves H320S
Unreserved Fund Balance - H325S
Total Fund Equity
TOTAL ASSETS S TOTAL LIABILITIES AND FUND EQUITY
5.
CAPITAL PROJECTS FUND
ANALYSIS OF CHANGES IN FUND EQUITY
FOR THE FISCAL YEAR ENDED
EDPCODE
Fund Equity - Beginning of Fiscal Year* H400S $
Add: Revenues and Other Sources $
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses 1111
Fund Equity - End of Fiscal Year* 11405S $
*Total includes Reserved and Unreserved Fund Balance.
•
6.
. r , f
CAPITAL PROJECTS FUND
DETAIL OF REVENUES AND OTHER SOURCES
EDPCOOE
Departmental Income H51SS
Use of Money and Property H525S
Miscellaneous Local Sources H535S
State Aid H545S
Federal Aid H550S
4111/
TOTAL REVENUES R
Interfund Transfers H555S
Proceeds of Obligations H560S
TOTAL REVENUES AND OTHER SOURCES
•
7.
r r
CAPITAL PROJECTS FUND
DETAIL OF EXPENDITURES AND OTHER USES
BY ADMINISTRATIVE UNIT
EDPCODE
General Government Support H600.2S $
Education H605.25
Public Safety H610.25
Health H615.2S
Transportation H620.2S 1111
Economic Assistance and Opportunity H625.2S
Culture and Recreation H630.2S
Home and Community Services H635.2S
TOTAL EXPENDITURES $
Interfund Transfers H655.9S _
TOTAL EXPENDITURES AND OTHER USES $
19
8.
r , T I
ENTERPRISE FUND * BALANCE SHEET * AS OF ,
ASSETS EDP CODE LIABILITIES AND FUND EQUITY EDP CODE
Cash E100S $__ Accounts Pnynble F 2005 $__
Investments E 105S Accrued Liabilities E 205S
Other Receivables (Net) E 1155 Retained Percentages E210S
State and Federal Aid Notes Payable E_215S
Receivables E 120S
Other Liabilities E_220S
Due From Other Funds E_125S
4111
Due to Other Funds E_225S 1
Due From Other Governments E_130S
Due to Other Governments E_230S
Inventories E 135S
Bond and Long Term Liabilities E_240S
Prepaid Expenses E_140S
Deferred Revenues E_2455
Restricted Assets E145S
Fixed Assets (Net) E__150S Total Liabilities $
Fund Equity
Contributed Capital E_300S
Retained Earnings E_310S
Total Fund Equity $
TOTAL ASSETS $ TOTAL LIABILITIES AND FUND EQUITY $
The Notes to the Financial Statements are an integral part of this statement.
9.
f
ENIERPRISE FUNDS
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY
FOR FISCAL YEAR ENDED
EDPCODE TOTAL
Operating Revenues
Charges for Services E S $
E S
Total Operating Revenues $
Operating Expenses
Personal Services E .1S $
Contractual Expenses E .4S
Employee Benefits E .8S
Depreciation E603.4S
1110
Total Operating Expenses $
Operating Income (Loss) $
Non-Operating Revenues (Expenses)
Revenues:
Use of Money and Property E_525S $
Sale of Property and Comp. for Loss E530S
E S
Expenses: (Specify)
E S
E S
Net Non-Oper. Revenue (Expense) $
Income (Loss) Before
Transfers and Taxes $
Operating Transfers In E555S4111
Operating Transfers Out E655.9S
Real Property Taxes E .4S
Net Income (Loss) $
Fund Equity - Beginning of Year E_400S $
Adjustments: (Specify)
E S
E S •
Fund Equity - End of Year E_405S $
10.
{ STATEMENT or CASH FLOWS roti 1IIE rlsrAM YEAR rNnrn
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
Cash Flows From Operating Activities: IDP Code Amount:
Cash Received from Providing Services F7111S $
Cash Payments Contractual Expenses 1_71125
Cash Payments Personal Services & Benefits E_7113S
Other Operating Revenues F__7114s
Net Cash Provided/(Used) by Operating Activities E_7119S $
Cash Flows from Non-Capital and Financing Activities:
Real Property Taxes 11 71215 $ 1111
Operating Grants Received E_7122S
Transfers To/From Other Funds E7123S
Proceeds of Debt (Non-Capital) E7124S
Payment of Debt (Non-Capital) F,_7125S
Interest Expenses (Non-Capital) E_7126S
Net Cash Provided/(Used) by Non-Capital Financing Activities E_7129S $
Cash Flows from Capital and Related Financing Activities
Proceeds of Debt (Capital) E7131S $
Principal Payments Debt (Capital) E_7132S
Interest Expense (Capital) E7133S •
Capital Contributed by Developers 11_7134S
Capital Contributed by Other Funds 11_71355
Payments to Contractors E7136S
Capital Grants Received from Other Governments E_7137S
Proceeds from Sale of Assets E713PS
Net Cash Provided/(Used) by Capital and Related Financing Activities 171395 $
11.
r
STATEMENT OF CASH FLOWS FOR THE FISCAL YEAR ENDED
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (Concluded)
Cash Flows from Investing Activities EDP CODE Amount
Purchase of Investments E 71515 $
Sale of Investments E_7152S
Interest Income E 7153S
Net Cash Provided/(Used) by Investing Activities E_7159S $
Net Increase (Decrease) in Cash and Cash Equivalents E7161S $
Cash and Cash Equivalents at Beginning of Year E_7171S
Cash and Cash Equivalents at End of Year E_7179S 4110
RECONCILIATION OF OPERATING INCOME TO NET CASH
Operating Income (Loss) E7181S $
Adjustments to Reconcile Operating Income to Net Cash Provided/(Used) from Operations:
Depreciation E_7182S $
Increase/Decrease in Assets'Other than Cash & Cash Equivalents E_7183S
Increase/Decrease in Liabilities Other than Cash & Cash Equivalents E_7184S
Other Reconciling Items:
E 7185S
E_7185S .
E 7185S
E7185S
Total Adjustments E_7188S $
Net Cash Provided/(Used) by Operating Activities E7189S $
11
12.
AGENCY I-MDS * BALANCE SNFET * AS of
ASSETS EDPCODE AGENCY f1ND IIABILIITFS EDPCODE
Cash TA100S R Due to Other Funds TA225S
Investments TA105S Other Agency Funds (Specify) TA235S
TOTAL ASSETS E TOTAL AGENCY LIABILITIES
4
1111
13.
EXPENDABLE TRUST FUND * BALANCE SHEET * AS OF
ASSETS EDPCODE EXPENDABLE TRUST EDPCODE
Cash TE100S S Library Trust TE317S $
Other Expendable Trust (Specify)
Investments TE105S S TE317S
TOTAL ASSETS S TOTAL EXPENDABLE TRUST E
•
4110
14.
EXPENDAHLE TRUST FUNDS
STATEMENT OF REVENUES, EXPENSES AND MIMES IN FUND EQUITY
REVENUES AND OTHER SOURCES EDPCODE
Revenues
Departmental Income TE515S A _
Use of Money and Property TE527S
Miscellaneous Local Sources TE535S
Total Revenues
Interfund Transfers TE555S
TOTAL REVENUES AND OTHER SOURCES
EXPENDITURES AND OTHER USES .
Expenditures
General Governmental Support TE600.45
Education TE605.4S
Public Safety TE610.45
Health TE615.4S
Transportation TE620.4S
Economic Assistance and Opportunity TE625.4S
Culture and Recreation TE630.45
Home and Community Service TE635.4S
Employee Benefits TE640.8S
Debt Service TE645.6S
Total Expenditures11
Interfund Transfers TE655.9S
TOTAL EXPENDITURES AND OTHER USES
FUND EQUITY BEGINNING OF YEAR TE400S
EXCESS (DEFICIENCY) EXCESS OF REVENUE AND OTHER SOURCES
OVER EXPENDITURES AND OTHER USES
FUND EQUITY END OF YEAR TE405S
15.
•
NON-EXPENDABLE TRUST FUNDS * BALANCE SHEET *
AS OF
ASSETS EDPCODE NON-EXPENDABLE TRUST EDPCODE
Cash TNIOOS $ Library Trust TN317S S
Other Non Expendable Trust (Specify) TN317S
Investments TN105S S
TOTAL ASSETS $ TOTAL NON-EXPENDABLE TRUST $
•
16.
• NON-FXPENDAPTE TRftST FUNnE
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY
EDPCODE
Revenues
Others (Specify) TN535S $
Total Revenues $
Fund Equity Beginning of Year 111400S $ •
Fund Equity End of Year TN405S $
17.
GENERAL FIXED ASSETS ACCOUNTS * BALANCE SHEET * AS OF
EDPCODE EDPCODE
Assets (Net) K150S $ Investment in General Fixed Assets K305S $
4111
•
18.
GENERAL LONG-TERM OBLIGATIONS * BALANCE SHEET * AS OF
DE
ASSETS EDPCODE LIABILITIES EDPCO__
Amount Available in Debt Service Fund W1555 E Bond and Tong Term liabilities u740s
Amounts to be provided for Long-Term W160S
Obligations
41/1
TOTAL AMOUNT AVAILABLE AND TO BE
PROVIDED E TOTAL LIABILITIES S
(Note: This account group should not include Long-term Debt of Proprietary Funds)
•
19.
NOTES TO FINANCIAL STATEMENTS
Summary of Significant Accounting Policies
NOTE 1
Basis of Accounting
•
•
20.
' • , STATEMENT OF INDEBTEDNESS
Month Current Outstanding Do Not Include Renewals Here Outstanding Finnt
List Separately by Date of Issue EDPCODE and Interest Beginning of Issued During Paid During End of Maturity
Year* Rate Fiscal Year Fiscal Year Fiscal Year Fiscal Year Date
T P 1 3 5 7
Tax Anticipation Notes: /
/
Total Tax Anticipation Notes 2P1861
Revenue Anticipation Notes: /
•
Total Revenue Anticipation Notes 2P1862
Budget Notes: /
Total Budget Notes 2P1863
Urban Renewal Notes /
/
Total Urban Renewal Notes 2P1864
EDP CODE
•
STATE COMP USE
Capital Notes: 2P1865 /
2P1865 /
Other Debt: (Specify) /
*ON NEW ISSUES, PLEASE INSERT NEW ISSUE DATE. ON RENEWAL, PLEASE INSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DIGITS, IE. JANUARY 1994 WOULD BE 01/94.
21.
` STATEMENT OF INDEBTEDNESS
Month Current Outstanding Do Not Include Renewals Here Outstanding Final
List Separately by Date of Issue EDPCODE and Interest Beginning of Issued During Paid During End of Maturity
Year* Rate Fiscal Year Fiscal Year Fiscal Year Fiscal Year Date
T P 1 3 5 7
EDP CODE
STATE COMP USE
Bond Anticipation Notes:
Total Bond Anticipation Notes 2P1866
**
**Bans Redeemed From Bond Proceeds 2P1888
Bonds (List by purpose)
Total Bonds 2P1867 / S
Authority Loans 2P1869
TOTAL OF ALL INDEBTEDNESS
Please note callable features of bond issues and any reserve funds available to pay debt (include also in the Notes to Financial Statements).
*ON NEW ISSUES, PLEASE INSERT NEW ISSUE DATE. ON RENEWAL, PLEASE INSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DIGITS, IE. JANUARY 1994 WOULD BE 01/94.
22.
* MAIURIIY SCHEDULE
BONDS ISSUED DURING THE YEAR
EDPCODE
PURPOSE OF ISSUE
For State Comptroller Use Only 2P3CE
TOTAL PRINCIPAL 2P3PR
DATE OF ISSUE* 2P3DT
INTEREST RATE (In Decimals) 2P3PC
MONTH, DAY end YEAR
OF FINAL MATURITY 2P30M
Amount of Principal Redeemed 2P394
in or to be Redeemed in
fiscal Year Ending in
2P395
(PLEASE INSERT YEARS 2P396
LAST TWO DIGITS ONLY)
2P397
2P398
2P399
2P300 •
2P301
Continue on Reverse Side
2P302
2P303
2P304
*PLEASE INSERT SIX DIGITS, FOR EXAMPLE, JANUARY 1, 1994, SHOULD BE SHOWN AS 01/01/94.
NOTE: If two or more purposes are combined in a consolidated issue, show the maturity schedule for each purpose.
23.
MATURITY SCHEDULE
BONDS ISSUED DURING THE YEAR
EDP CODE
Amount of Principal Redeemed 2P305
in or to be Redeemed in
Fiscal Year Ending in
2P306
2P307
PLEASE INSERT YEARS
LAST TWO DIGITS ONLY 2P308
2P309
2P310 •
2P311
2P312
2P313
2P314
2P315
2P316
2P317 •
2P318
2P319
2P320
24.
MATURITY scHrflLr
BONDS ISSUED DURING THE YEAR
EDP CODE
Amount of Principal Redeemed 2P321
in or to be Redeemed in
Fiscal Year Ending in
2P322
PLEASE INSERT YEARS
LAST TWO DIGITS ONLY 2P323
2P324
2P325
2P326 S
2P327
2P328
2P329
2P330
2P331
2P332
2P333
2P334
2P335
2P336
Total
25.
BANK RECONCILIATION
CASH BY FUNDS, PER BALANCE SHEETS
Include Petty Cash
TOTAL CASH
Operating Fund $
Enterprise Fund
Capital Fund
Trust and Agency Funds
Debt Service Funds
TOTAL ALL FUNDS •
$
BANK BALANCES
Identify Bank Balances with Funds by Listing the Applicable Code Letters
Fund Less Adjusted
Name and Location of Bank Code Bank Balance Outstanding Checks Add Cash On Hand Bank Balance
/,3O,r.(040--/ zC 73.02 3 027 $
,�• ��r�u. 13a,,./t'
/441 ,c11,02
4
Add: Petty Cash Funds
Adjustments
(Specify)
TOTAL ADJUSTED BANK BALANCE AND PETTY CASH $ i';233 i 3 *
*These amounts must agree.
NOTE: Bank certification forms are not required to be filed with this report. However, the Office of the State Comptroller may confirm bank balances
directly with the bank.
26.
4 ` brut
CERTIFICATE OF FISCAL OFFICER
I, /4400-1-iso'h11 11e.-3,An•OStc�p, certify that I am the fiscal officer of the
Lyle a Print
al-.e,.. "A31674,44 d , 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 d/?(", :3/ , 19 3C .
../(44.114,">1 A !✓f/M,4ii i -�//l sa!✓1a
Signature Title
2 -3,54044,2,4 �1 9J')--//,(3 /9.97 -
Official Address Date
•
Office Telephone No.,c/L-3.23--;
PLEASE MAIL REPORT TO: IF YOU HAVE QUESTIONS RELATING TO THIS
REPORT, PLEASE CALL ALBANY:
(518) 474-4014
State of New York
Office of the State Comptroller
Bureau of Municipal Research & Statistics
Alfred E. Smith State Office Building
Albany, New York 12236
411
27.