7578-R1_ML&P_Hollis_2019-2020_AnnualReport_Web

SCHEDULE 1

TOWN OF HOLLIS, MAINE BUDGETARY COMPARISON SCHEDULE - BUDGETARY BASIS

STATEMENT B (CONTINUED)

TOWN OF HOLLIS, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2020 BUDGET AND ACTUAL - GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2020 Original Final Budgeted mounts TOWN OF HOLLIS, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2020

STATEMENT B (CONTINUED)

Variance Positive (Negative)

Actual

Amounts

3,672,051 $ Governmental Activities

Budgetary Fund Balance, July 1

3,672,051 $

3,672,051 $

$

-

Resources (Inflows): Taxes: Property taxes

Governmental Activities 7,342,714 970,546

Changes in net position: Net (expense) revenue General revenues: Taxes: Property t xes, levi d for general purposes Grants and contributions not restricted to specific programs Excise taxes Intergovernmental revenues: State revenue sharing Homestead reimbursement BETE reimbursement 128,656 177,562 445,564 22,000 Tree growth Veterans' reimbursement Local road assistance Excise taxes Other Interest income Excise taxes Changes in net position: Net (expens ) revenue 7,339,777 950,000

7,339,777 950,000

2,937 20,546

(7,888,168)

128,656 177,562 445,564 22,000

199,823 176,622 445,606 21,597

71,167

(940)

(7,888,168)

42

(403)

General revenues: Taxes: Property taxes, levied for general purposes Grants and contributions not restricted to specific programs 2,000 52,000 - - - 382,000 45,000 2,000 52,000 - - - 382,000 45,000 80,000 80,000

5,570 54,484 17,395 59,9 0 24,124 337,327 45,368 39,327 970,546 866,613 250,297 9,450 825 13,412,524 1,562,657 7,363,369

3,570 2,484 17,395 59,970 24,124 (44,673) (40,673) 115,914 420,762 104,418 171,766 47,681 15,347 (9,110) 14,074 368

7,363,369 970,546 866,613 250,297 9,450,825

Miscellaneous Amounts Available for Appropriation Total gen ral revenues Interest on taxes/lien costs Charges for services Franchise agreement Miscellaneous revenues Miscellaneous Charges to Appropriations (Outflows): General government Change in net position

13,296,610

13,296,610

Total general revenues

1,083,789 842,132 731,205 296,861 85,574 260,300 20,000 4,501,183 260,204 1,488,340 9,624,559 54,971

1,428,929 845,237 1,270,325 309,461 88,874 260,300 20,000 4,501,183 260,204 1,488,340 10,527,824 54,971

1,008,167 740,8 9 1,098,559 261,780 18,189,757 19,752,414 $ 73,527 269,410

Change in net position NET POSITION - JULY 1, RESTATED Emergency services

1,562,657

Public works Recreation

NET POSITION - JULY 1, RESTATED

18,189,757

Libraries NET POSITION - JU E 30

Public services Health and welfare

19,752,414 $ 5,926

NET POSITION - JUNE 30

Education County tax Unclassified

4,501,183 260,204 1,488,340 9,731,255 23,340

- -

31,631

Transfers to other funds Total Charges to Appropriations

-

796,569

Budgetary Fund Balance, June 30

3,672,051 $

2,768,786 $

3,681,269 $

$

912,483

Utilization of Committed Fund Balance Utilization of Assigned Fund Balance

$

- - -

$

202,595 700,670 903,265

$

- - -

$

(202,595) (700,670) (903,265)

$

$

$

$

93 See accompanying independent auditors' report and notes to financial statements. 14 See accompanying independent auditors' report and notes to financial statements. 14 See accompanying independent auditors' report and notes to financial statements. 50