4072-R2_ML&P_TownOfBuxton

SCHEDULE 1

TOWN OF BUXTON, MAINE BUDGETARY COMPARISON SCHEDULE – BUDGETARY BASIS STATEMENT E TOWN OF BUXTON, MAINE STATEMENT OF REVENUES, EXPENDI RES AND CH NGES IN FUND BUDGET AND ACTUAL – GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2016 BALANCES – GOV RNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2016

Variance Positive (Negative)

Budgeted Amounts

Actual

Total

Original General

Final

Amounts

Nonmajor

Governmental

2,628,940 $ Fund

2,628,940 $ Funds

Funds

Budgetary Fund Balance, July 1

2,628,940 $

$

-

Resources (Inflows): Property taxes

REVENUES Taxes: Property

9,921,289 9,921,289 9,957,694 1,380,000 1,380,000 1,574,797 9,957,694 - $ $

36,405 194,797

Excise taxes

$

8,424 924 13,032,418 9,957,694 1,574,797 593,992 791,230 114,705

Intergovernmental: State revenue sharing Homestead Intergovernmental Charges for services Miscellaneous revenues Tree growth TOTAL REVENUES EXPENDITURES Current: General assistance Other General government Local road assistance Charges for services Investment income Interest fees on taxes Miscellaneous revenues Public safety Excise

284,169 116,420 110,000 1,574,797 574,772 591,379 67,732 12,766,374 8,500 2,000 4,611 3,500 18,000 18,000 1,458,262 1,805,601 718,252 14,991,426 70,314 6,609,536 495,997

-

284,169 116,420 110,000

306,044 115,414 109,628

21,875 (1,006)

8,500 2,000 4,611 266,044 19,220 199,851 46,973

(372) (76)

(1,076) 29,727 95,382 9,532 18,859

34,338 591,379 13,032 36,859 17,841

495,997 3,500 18,000 18,000

- - - -

1,458,262 1,805,601 720,788 6,609,536 804,178 432,656 193,755 70,314

(159)

Amounts Available for Appropriation Charges to Appropriations (Outflows): General government Health and welfare Recreation and culture Education Public works

2,536

14,991,426

15,395,314

403,888

1,514,684 1,552,589 1,458,262 1,779,708 1,792,538 1,805,601 804,178 -

94,327 (13,063) (4,815) 23,245

Public safety

County tax Unclassified Debt service: Principal

432,656 25,657

-

Health and welfare Recreation and culture

713,437 67,135

713,437 93,559

718,252 70,314 804,178 432,656 25,657 90,000 23,542 231,547 59,197

168,098

Education Public works County tax Unclassified Debt service: Principal

6,609,536 6,609,536 6,609,536

-

970,588 1,042,287 90,000

- - -

90,000 23,542 231,547

238,109

Interest

3, 42

432,656 69,993 90,000 23,542 272,083 59,197

432,656 90,638 90,000 23,542 285,844 59,197

-

Capital outlay

231,547

64,981

TOTAL EXPENDITURES

12,269,545

170,634

12,440,179

- -

Interest EXCESS REVENUES OVER (UNDER) EXPENDITURES Capital outlay Transfers to other funds OTHER FINANCING SOURCES Transfers in Total Charges to Appropriations Budgetary Fund Balance, June 30 Utilization of unassigned fund balance Utilization of assigned fund balance TOTAL OTHER FINANCING SOURCES (USES) NET CHANGE IN FUND BALANCES Transfers (out)

496,829

95,410

592,239

54,297

-

12,602,559

12,785,823

12,328,742

457,081

-

59,197

59,197 (59,197)

(59,197)

-

2,388,867 $

2,205,603 $

3,066,572 $

$ $

860,969 (255,073) (168,264) (423,337)

- (59,197) 437,632

59,197 154,607 630,737 785,344

-

$

240,073

$

255,073 168,264 423,337

$

- - -

592,239

$

240,073

$

$

$

FUND BALANCES - JULY 1 FUND BALANCES - JUNE 30

2,628,940 3,066,572

3,259,677 3,851,916

$

$

$

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

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