HomeMy WebLinkAbout2015 1? _
MAR 4 2016 3 _:
Component Unit Annual Financial Report s ;
For SOUTHOLD PARK DISTRICT . '' of 3-0.111:7:1;
f, iµi: r � PT.
For the fiscal year ended DECEMBER 31, 2015 RECEIVED
Operating Fund MAR - 7 2016
Balance Sheet
Assets Southold Town Clerk
Cash $135,632
Cash in Time
Investments -
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total Assets, $135,632
Liabilities& Fund Equity
Accounts Payable
Notes Payable
Due to Other Governments
Deferred Revenues
Total Liabilities
Fund Balance-Appropriated ensuing year $
Fund Balance-- Unreserved $135,632
Total Fund Equity $135,632
Total Liabilities& Fund Equity, $135,632
Page 1
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 3t 2015
Operating Fund
Analysis of Changes in Fund Equity
Fund Equity-Beginning of Fiscal Year $81,869
Add: Revenues and Other Sources $374,811
Deduct: Expenditures and Other Uses -$321,048
Revenues and Other Sources Over(Under)
Expenditures and Other Uses $53,763
Fund Equity-End of Fiscal Year* $135,632
*Total includes Appropriated and Unreserved Fund Balance
Page 2
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2015
Operating Fund
Detail of Revenues and Other Sources
Revenues Budget Actual
Real Property Taxes $327,726 $327,726
Real Property Tax Items
Non-property Tax Items
Departmental Income
Use of Money and Property $47,085
Sale of Property and Compensation for Loss
Miscellaneous Local Sources
State Aide
Federal Aide
Total Revenues $327,726 $374,811
Interfund Transfers
Proceeds of Obligations
Total Revenues and Other Sources $327,726 $374,811
USE OF MONEY AND PROPERTY:
RENTAL INCOME $42,505
INTEREST INCOME $14
ADMISSION FEES $4.566
TOTAL $47,085
Page 3
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31. 2015
Operating Fund
Detail of Expenditures and Other Uses
Expenditures Budget Actual
Personal Services $140,000 $122,153
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits $53,189
Debt Principal
Debt Interest
INSURANCE $48,000 $45,737
UTILITIES $40,000 $31,997
MAINTENANCE $52,426 $32,775
OTHER: SEE BELOW $47,300 $35,197
Total Expenditures $327,726 $321,048
Interfund Transfers
Total Expenditures and Other Uses $327,726 $321,048
OTHER:
SITE IMPROVEMENTS $24,050 $13,767
TRUCK EXPENSES $10,000 $6,199
MISCELLANEOUS $10,000 $11,141
LEGAL AND PROFESSIONAL $3,000 $3,930
NOTICES $250 $160
TOTALS $47,300 $35,197
Page 4
S e 17 Pxc7L%oa-p ei
Site Improvements-LED Lighting upgrade$13767
Salaries (personal services) $122,153
Emnployee Benefits
Fica Expense $9,345
Payroll Service477 (`j
Uniforms 130C
Disability insurance 542
Workers Comp 1891-
in order to correct NYS Retirement going forward
2014 NYS Retirement expense(pd 1/15) 19182
2015 NYS Retirement expense(pd 11/15) 21446
Total Employee Benefits $53,189
Page 4 A-
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31. 2015
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 Assets, $
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 $
Total Liabilities & Fund Equity $
Page 5
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended DECEMBER 31. 2014
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 Equity-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, 2015
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, 2015
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, 2015
General Fixed Assets
INFORMATION IS NOT AVAILABLE
Assets
Land $
Buildings
Machinery&Equipment
Total Assets $
Investment in General Fixed Assets $
Page 9
Component Unit Annual Financial Report
For SOUTHOLD PARK DISTRICT
For the fiscal year ended_DECEMBER 31,2015
Cash, Per Balance Sheet
Operating Fund
Less:
Outstanding Add:Cash on Adjusted Bank
Name and Location of Bank Bank Balance Checks Hand Balance
Bridgehampton National Bank $126,701 7492 500 $119,709
Bridgehampton National Bank $15,923 0 $15,923
Add:Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash $135,632
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. 2015
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 3
Total#Part Time Employees 30
Account Total #of Full Time #of Part Time
Code Description Expenditures Employees Employees #of Retirees
90108 State Retirement System $40,628 2 1
90258 Local Pension $0
90308 Social Security $9,345 3 30 0
Workers Compensation
90408 Insurance $1,891 3 30 0
90458 Life Insurance $0
90508 Unemployment Insurance $0
90558 Disability Insurance $542 3 30
Hospital and Medical
90608 (Dental)Insurance $20,376 2 0
90708 Union Welfare Benefits $0
90898 Other Employee Benefits $0
Page 11
•
, e
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 con oo ition for he fiscal year end 'd DE EMBER 31, 2015.
' TREASURER
Signaty a TitleS—774-A-1110-4t-e: ; 417c7
`0
Official Address Date
PO BOX 959
SOUTHOLD, NEW YORK 1`1971 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
Page 12