7538-R2_ML&P_TownOfBuxton_2019-2020_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE BUDGETARY COMPARISON SCHEDULE – BUDGETARY BASIS STATEMENT E TOWN OF BUXTON, MAINE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BUDGET AND ACTUAL – GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2016

BALANCES - GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2020

Variance Positive (Negative)

Budgeted Amounts

Actual

Original General 2,628,940 $ Fund

Final

Amounts

Other

Total

Governmental Governmental

Budgetary Fund Balance, July 1

2,628,940 $ Funds

2,628,940 $

$

-

Funds

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

36,405 194,797

Excise taxes

11,678,706 $

$

- -

11,678,706 $

Intergovernmental: State revenue sharing Homestead Intergovernm ntal Charges for service Miscellan ous revenues Local road assistance Tree growth General assistance Excise TOTAL REVENUES

284,169 116,420 110,000 1,828,160 ,028,762 614,549 126,126 15,276,303 8,500 2,000 4,611 3,500 18,000 18,000 1,922,492 2,282,995 813,164 123,845 7,754,584 1,104,708 427,283 713,437 67,135 47,390 495,997

924 15,923,344 1,828,160 , 42,937 809,913 163,628

284,169 116,420 110,000

306,044 115,414 109,628

21,875 (1,006)

414,175 195,364 37,502 647,041

(372) (76)

8,500 2,000 4,611

8,424

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

Other

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

Charges for services Investment income Interest fees on taxes Miscellaneous revenues

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

EXPENDITURES Current:

General government

- -

1,922,492 2,282,995 826,753 123,845 7,754,584 1,104,708 427,283 876,726

(159)

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

14,991,426

14,991,426

15,395,314

403,888

13,589

-

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

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

Education Public works County tax Unclassified Debt service: Principal

Public safety

- -

Health and welfare Recreation and culture

713,437 93,559

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

6,609,536 6,609,536 6,609,536 829,336

Education Public works County tax Unclassified Debt service: Principal

-

970,588 1,042,287

238,109

90,000 30,224 479,520

- - -

90,000 30,224 479,520

432,656 69,993

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

-

64,981

Interest

Capital outlay

90,000 23,542 272,083 59,197 15,076,205 200,098 3,710,895

- -

TOTAL EXPENDITURES

842,925

15,919,130

Interest

Capital outlay NET CHANGE IN FUND BALANCES Transfers to other funds Total Charges to Appropriations Budgetary Fund Balance, June 30 Utilization of unassigned fund balance Utilization of assigned fund balance FUND BALANCES - JULY 1 FUND BALANCES - JUNE 30

54,297

(195,884)

4,214

-

12,602,559

12,785,823

12,328,742

457,081

778,475

4,489,370

2,388,867 $

2,205,603 $

3,066,572 $

$ $

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

$

240,073 3,910,993

$

582,591

$

4,493,584

$

$

255,073 168,264 423,337

$

-

-

-

$

240,073

$

$

-

$

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

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