3373-R3_ML&P_TownOfBuxton_Web

Town Treasurer’s Report (July 1, 2013 - June 30, 2014)

Greetings from the Treasurer; In this year’s town report I’ve included a couple of charts; a 5-YEAR tax assessment table and the chart below showing the various operating expenses as a percent to total operating costs. The town’s revenues in 2014 are comparable and actually better than in 2013 even with the reduction in our State Revenue Sharing. Our expenses were up 5%primarily as a result of an increase in public safety expenses, paying 20% of the county’s 6-month transitional budget and some additional capital expenditures. These included the purchase of the new ambulance for rescue, a tanker/pumper for fire, and a new pick-up truck for public works. Our fund balance remains strong at $2,646,172, an increase of $255,826 from 2013. The complete post-audit report for the fiscal year ending June 30, 2014, is on file at the municipal office. As always, please feel free to contact me or stop in if you should have any questions.

Respectfully submitted,

Charisse A. Keach Town Treasurer

GENERAL FUND EXPENDITURES - 2014

Debt Service, 1.2%

Community Services .2%

Capital Outlay, 2.4%

County Tax 3.8%

Public Works 7.3%

General Government 11.6%

Public Safety, 14.7%

Health &Welfare, 5.8%

Education, 52.3%

Recreation & Culture, 0.6%

General Government includes town office administration, voter registration, and code enforcement. Public Safety represents our police, dispatch, fire, rescue, and other public safety. Recreation and Culture includes our parks, libraries, and cemeteries. Community Services represents non-profit agency funding.

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