4072-R2_ML&P_TownOfBuxton_Web

STATEMENT C

TOWN OF BUXTON, MAINE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND TOWN OF BUXTON, MAINE BALANCE SHEET - GOVER MENTAL FUNDS JUNE 30, 2015

STATEMENT E

Total

BALANCES – GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2015 General Fund

Nonmajor Governmental

Funds

Funds

Total

ASSETS Cash and cash equivalents

General

Nonmajor

Governmental

2,763,731 $

212,853 $ 162,430

2,976,584 $

Fund

Funds

Funds

Investments

-

162,430

REVENUES Taxes: Property

Accounts receivable (net of allowance for uncollectibles): Taxes

$ 321,210 163,530 101,783

- -

321,210 163,530 107,597

$

9,525,415 1,434,443 588,205 473,172

- -

$

9,525,415 1,434,443 594,398 473,172 257,016 12,284,444 1,398,784 1,833,592 688,914 189,871 6,326,449 857,400 426,424 $

Liens Other

Excise

5,814

Intergovernmental Charges for services Miscellaneous revenues

6,193

Prepaid expenses Due from other funds

4,465

-

4,465

-

314,719

564,359 945,456 $

879,078

73,461

183,555 189,748

TOTAL ASSETS

3,669,438 $

4,614,894 $

TOTAL REVENUES EXPENDITURES Current:

12,094,696

LIABILITIES

Public safety Accounts payable Accrued payroll Accrued expense Due to other funds TOTAL LIABILITIES

$

113,549

$

- - -

113,549

General government

1,398,784 1,833,592 688,062 6,326,449 857,400 426,424 61,779

- -

5,588

5,588

239

239

Health and welfare Recreation and culture

852

564,359 683,735

314,719 314,719

879,078 998,454

128,092

Education Public works County tax Unclassified Debt service: Principal

- - -

DEFERRED INFLOWS OF RESOURCES Prepaid taxe

24,694 332,069 356,763

- - -

24,694 332,069 356,763

27,979

48,369

76,348

Deferred tax ev nues

TOTAL DEFERRED INFLOWS OF RESOURCES

90,000 51,030 223,424

- - -

90,000 51,030 223,424

Interest

FUND BALANCES Nonspendable

Capital outlay

TOTAL EXPENDITURES

11,984,923

177,313 -

12,162,236

55,100 139,151 185,737 250,749

55,100 139,151 185,737 419,013

EXCESS REVENUES OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES Transfers in TOTAL OTHER FINANCING SOURCES (USES) NET CHANGE IN FUND BALANCES FUND BALANCES - JULY 1, RESTATED TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Transfers (out) TOTAL FUND BALANCES Restricted Committed Assigned Unassigned

- -

109,773

12,435

122,208

168,264 2,460,676 2,628,940

-

2,460,676 3,259,677

19,000 (65,957)

65,957 (19,000) 46,957 59,392 571,345 630,737

84,957 (84,957)

630,737

(46,957)

-

3,669,438 $

945,456 $

4,614,894 $

62,816

122,208

2,566,124 2,628,940

3,137,469 3,259,677

FUND BALANCES - JUNE 30

$

$

$

See accompanying independent auditors’ report and notes to financial statements. See accompanying independent auditors’ report and notes to financial statements.

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