6422-R1_ML&P_TownOfBuxton_2017-2018_AnnualReport-Web

Town Treasurer's Report (July 1, 2017 - June 30, 2018)

Town Treasurer’s Report (July 1, 2017 - June 30, 2018)

Greetings from the Treasurer; In this year’s town report I have included the following information as a general overview of the town’s standing for fiscal year ending June 30, 2018. A general fund expenditures chart showing the various operating expenses as a percent to total operating costs, a 5-Year tax assessment table, a list of revenues, a list of deposit accounts as well as a listing of all outstanding lien receivables for 2017-2018. An overview of this information shows that our expenses have increased 5.90% and our revenues have increased 5.39% over those in fiscal year 2016-2017. Our fund balance remains strong at $3,533,550, with an increase of $51,482 over the year ending balance of June 30, 2017. As always, the complete post-audit report for the last municipal year ending June 30, 2018, is available for review at the municipal office. Please fee free to contact me or stop in if you should have any questions. Respectfully, Greetings from the Treasurer; In this year's town report I have included the following information as a general overview of the town's standing for fiscal year ending June 30, 2018. A general fund expenditures chart showing the various operating expenses as a percent to total operating costs, a 5-Year tax assessment table, a list of revenues, a list of deposit accounts as well as a listing of all outstanding lien receivables for 2017- 2018. An overview of this information shows that our expenses have increased 5.90% and our revenues have increased 5.39% over those in fiscal year 2016-2017. Our fund balance re ains strong at $3,533,550, with an increase of $51,482 over the year ending balance of June 30, 2017. As always, the complete post-audit report for the last municipal year ending June 30, 2018, is available for review at the municipal office. Please fee free to contact me or stop in if you should have any questions. Respectfully,

Kimberly A. Beam, Town Treasurer

Kimberly A. Beam, Town Treasurer

GENERAL FUND EXPENDITURES - 2018

Capital Outlay, 2.4%

Debt Service Interest, 0.3%

Unclassified, 1.8%

Pubic Works, 5.6% County Tax, 3.4%

Education, 52.0%

Recreation & Culture, 0.5%

Health & Welfare, 5.7%

Public Safety, 15.4%

General Government, 13.1%

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. General Government includes town office administration, voter registration, and code enforcement. Public Safety represents o r i , i , r sc e, and other public safety. Recreation and Culture incl des our parks, libraries, and cemeteries. Community Servic s represents non-pro it agency funding.

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