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Home My WebLink About1996 (2) ALL"NUMBErs IN TWA REPORT MUST BE ROUNDED TO THE NEAREST DOLLAR. COMPONENT UNIT ANNUAL FINANCIAL REPORT FOR (":.-)GcYc`'-+i`T3-c��ccf �<LzZac (Name of Cop(ponent Unit) Name of imary Goverment) FOR THE FISCAL YEAR ENDED /a/0 ✓' RECEIVED FEB 2 7 1996 STATE OF NEW YORK Town Clerk Southold OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS ALBANY, NEW YORK 12236 • Pursuant to GASB Statement 14, a separate report should be prepared for each component unit in the reporting entity. • Revised 1994 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 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 Cash _ _100S $ 7'9 D U Accounts Payable _ _200S $ Investments _ _105S o Y002,, Q 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 • Due to Other Governments _ _230S • Due From Other Governments _ _130S Deferred Revenues _ _245S Inventories _ _135S Prepaid Expenses _ _140S Total Liabilities Restricted Assets _ _145S Fund Balance - Reserved Encumbrances _ _315S Special Reserves _ _320S Unreserved Fund Balance - _325S c22, /&. G� • Total Fund Equity TOTAL ASSETS $ ( 43 , /7 G U e TOTAL LIABILITIES AND FUND EQUITY $ The Notes to the Financial Statements are an integral part of this statement. 1. OPERATING FUND ANALYSIS OF CHANGES IN FUND EQUITY FOR THE FISCAL YEAR ENDED EDPCODE • Fund Equity - Beginning of Fiscal Year* _ _400S f 63 z c 3, Q G Add: Revenues and Other Sources $ 3/, 9n, U d Deduct: Expenditures and Other Uses 4' 0 7 , & Revenues and Other Sources Over (Under) Expenditures and Other Uses CJ�, Z S2 0°) Fund Equity - End of Fiscal Year* _ _405S f 03 / t . G *Total includes Reserved and Unreserved Fund Balance. • 2. OPERATING FUND - DETAIL OF REVENUES AND OTHER SOURCES EDP CODE Real Property Taxes _ _500S $ O' (7DO CC Real Property Tax Items _ _505S [5 o Non-Property Tax Items _ _510S Departmental Income _ _515S intergovernmental Charges _ 520S Use of Money and Property _ 525S ,1 c// 064111 Sale of Property and Compensation for Loss _ 530S Miscellaneous Local Sources 5355 j,E I 0 d Interfund Revenues _ _540S State Aid _ 545S Federal Aid _ _550S c 'l TOTAL REVENUES $ 31, / g.t, a6) Interfund Transfers _ _555S • Proceeds of Obligations _ _560S TOTAL REVENUES AND OTHER SOURCES $ 3` M. 6C) 3. OPERATING FUND • 1 DETAIL OF EXPENDITURES AND OTHER USES II EQUIPMENT & CONTRACTUAL EDP CODE TOTAL PERSONAL SERVICES CAPITAL OUTLAY EXPENDITURES EMPLOYEE BENEFITS OS iS 2S 4S 8S FUNCTIONAL UNIT General Government Support _ _600 $ $ $ $ $ Education _ _605 Public Safety _ _610 Health _ _615 �1 t �i Transportation _ _620 /f i O 23' 60 lg, 60 ri / 'S-, b i Economic Assistance & Opportunity _ _625 Culture and Recreation _ _630 Home and Community Services _ _635 • Employee Benefits _ _640.8S Debt Principal _ _645.65 Debt Interest _ _650.7S TOTAL EXPENDITURES $ 67s. 66 Interfund Transfers _ _655.9S TOTAL EXPENDITURES AND OTHER USES $ ?if.• P73, Oa S 4. CAPITAL PROJECTS FUND * BALANCE SHEET * AS OF ASSETS EDP CODE LIABILITIES AND FUND EQUITY EDP CODE Cash H100S E Accounts Payable H200S Investments H1055 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 E TOTAL LIABILITIES AND FUND EQUITY S • 5. CAPITAL PROJECTS FUND ANALYSIS OF CHANGES IN FUND EQUITY FOR THE FISCAL YEAR ENDED EDPCOOE Fund Equity - Beginning of Fiscal Year* H400S $ and Revenues Other Sources $ Deduct: Expenditures and Other Uses Revenues and Other Sources Over (Under) Expenditures and Other Uses • Fund Equity - End of Fiscal Year* H405S $ *Total includes Reserved and Unreserved Fund Balance. • 6. CAPITAL PROJECTS FUND DETAIL OF REVENUES AND OTHER SOURCES EDPCODE Departmental Income H515S Use of Money and Property H525S Miscellaneous Local Sources H535S State Aid H545S Federal Aid H550S 4111 TOTAL REVENUES S Interfund Transfers H555S Proceeds of Obligations H56OS TOTAL REVENUES AND OTHER SOURCES E 7. CAPITAL PROJECTS FUND DETAIL OF EXPENDITURES AND OTHER USES BY ADMINISTRATIVE UNIT EDPCODE General Government Support H600.2S S Education H605.2S Public Safety H610.2S Health H615.2S Transportation H620.2S • 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 S • 8. ENTERPRISE FUND * BALANCE SHEET * AS OF ASSETS EDP CODE LIABILITIES AND FUND EQUITY EDP CODE Cash E100S $ Accounts Payable E_200S $ Investments E 105S Accrued Liabilities E 205S Other Receivables (Net) E_115S Retained Percentages E_210S State and Federal Aid Notes Payable E_215S Receivables E_120S Other Liabilities E_220S Due From Other Funds E_125S Due to Other Funds E_225S Due From Other Governments E 1305 Due to Other Governments E_230S Inventories E 135S Bond and Long Term Liabilities E_240S Prepaid Expenses E_140S Deferred Revenues E_245S Restricted Assets E 1455 Fixed Assets (Net) E_150S Total liabilities E Fund Equity Contributed Capital E_300S Retained Earnings E_310S Total Fund Equity $ TOTAL ASSETS E TOTAL LIABILITIES AND FUND EQUITY $ The Notes to the Financial Statements are an integral part of this statement. 9. ENTERPRISE FUNDS STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY FOR FISCAL YEAR ENDED EDPCOOE TOTAL Operating Revenues Charges for Services E S $ • E S Total Operating Revenues $ Pe 9 Operating Expenses Personal Services E .1S $ Contractual Expenses E .4S Employee Benefits E .8S Depreciation E_603.4S Total Operating Expenses S • 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) S Income (Loss) Before Transfers and Taxes S Operating Transfers In E_555S • Operating Transfers Out E_655.9S Real Property Taxes E .4S Net Income (Loss) $ Fund Equity - Beginning of Year E_400S S Adjustments: (Specify) E S E S Fund Equity - End of Year E405S S 10. STATEMENT OF CASH FLOWS FOR THE FISCAL YEAR ENDED INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS Cash Flows From Operating Activities: EDP Code Amount Cash Received from Providing Services E__7111S $ Cash Payments Contractual Expenses E 7112S Cash Payments Personal Services & Benefits E 7113S Other Operating Revenues E_7114S Net Cash Provided/(Used) by Operating Activities E,7119S $ Cash Flows from Non-Capital and Financing Activities: Real Property Taxes E_7121S $ Operating Grants Received E_7122S • Transfers To/From Other Funds E 7123S Proceeds of Debt (Non-Capital) E_7124S Payment of Debt (Non-Capital) E_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) E_7131S $ Principal Payments Debt (Capital) E_7132S Interest Expense (Capital) E_7133S • Capital Contributed by Developers E_7134S Capital Contributed by Other Funds E_7135S Payments to Contractors E_7136S Capital Grants Received from Other Governments E7137S _ Proceeds from Sale of Assets E7138S Net Cash Provided/(Used) by Capital and Related Financing Activities E_7139S $ 11. 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 E7151S $ Sale of Investments E_7152S Interest Income E 71535 Net Cash Provided/(Used) by Investing Activities E_7159S $ Net Increase (Decrease) in Cash and Cash Equivalents E_7161S $ Cash and Cash Equivalents at Beginning of Year E7171S Cash and Cash Equivalents at End of Year E_7179S 11/0 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 E7183S Increase/Decrease in Liabilities Other than Cash & Cash Equivalents E7184S Other Reconciling Items: E 7185S E 7185S E 7185S • E 7185S Total Adjustments E_7188S $ Net Cash Provided/(Used) by Operating Activities E_7189S $ 12. AGENCY FUNDS * BALANCE SHEET * AS OF ASSETS EDPCODE AGENCY FUND LIABILITIES EDPCODE Cash TA100S E Due to Other Funds TA225S Investments TA105S Other Agency Funds (Specify) TA235S TOTAL ASSETS E TOTAL AGENCY LIABILITIES $ . 13. EXPENDABLE TRUST FUND * BALANCE SHEET * AS OF ASSETS EDPCODE EXPENDABLE TRUST EDPCODE Cash TE100S $ Library Trust TE317S $ Other Expendable Trust (Specify) Investments TE105S $ TE317S TOTAL ASSETS $ TOTAL EXPENDABLE TRUST $ • 14. EXPENDABLE TRUST FUNDS STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY REVENUES AND OTHER SOURCES EDPCODE Revenues Departmental Income TE515S 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 TE600.4S E . Education TE605.4S Public Safety TE610.4S Health TE615.4S Transportation TE620.4S Economic Assistance and Opportunity TE625.4S Culture and Recreation TE630.4S Home and Community Service TE635.4S Employee Benefits TE640.8S Debt Service TE645.6S Total Expenditures Interfund Transfers TE655.9S • TOTAL EXPENDITURES AND OTHER USES FUND EQUITY BEGINNING OF YEAR TE400S E 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 EDPCOOE Cash TN100S S Library Trust TN317S $ Other Non-Expendable Trust (Specify) TN317S Investments TN105S S . TOTAL ASSETS $ TOTAL NON-EXPENDABLE TRUST $ 4111 16. • NON-EXPF.NDATTLE TWIST FINDS STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY EDPCODE Revenues Others (Specify) TN535S $ Total Revenues $ Fund Equity Beginning of Year TN400S $ • 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 $ • 18. • GENERAL LONG-TERM OBLIGATIONS * BALANCE SHEET * AS OF ASSETS EDPCODE LIABILITIES EDPCODE Amount Available in Debt Service Fund W155S E Bond and Long Term Liabilities W240S Amounts to be provided for Long-Term W160S Obligations i TOTAL AMOUNT AVAILABLE AND TO BE PROVIDED $ TOTAL LIABILITIES $ (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 4111 • 20. SIATFMFNT OF INDFBTFDNFSS 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 Tax Anticipation Notes: / Total Tax Anticipation Notes 2P1861 Revenue Anticipation Notes: / / 411, 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 MOULD 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: / / / I Total Bond Anticipation Notes 2P1866 ** **Bans Redeemed From Bond Proceeds 2P1888 Bonds (List by purpose) / / / / Total Bonds 2P1867 / . 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. MATURITY 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 and YEAR OF FINAL MATURITY 2P3DM 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 SCHEDULE PONDS 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 • 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 S 23,/Q4,cad Enterprise Fund Capital Fund Trust and Agency Funds Debt Service Funds TOTAL ALL FUNDS S d � �/`, o' * BANK BALANCES 4111 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 AinJ3SO4-4V 01/bgeZ 6Z-) s 06 v c ,;2), oa,oc/ a� b.2, dG Add: Petty Cash Funds Adjustments (Specify) TOTAL ADJUSTED BANK BALANCE AND PETTY CASH S c23 I9b,G1 c/ *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. CERTIFICATE OF FISCAL OFFICER I Q9,14Sv 7)/ge,11)2 - Com' certifythat � I am the fiscal officer of the G ,r .p�e /i'nt 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 AR/CF,/ , 19 93 . Signature Title Official Address Date �r �f /�9"sT Office Telephone No. 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 27.