7969-R2_ML&P_TownOfBuxton_2020-2021_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE BUDGETARY COMPARISON SCHEDULE – BUDGETARY BASIS STATEMENT C TOWN OF BUXTON, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2021 BUDGET AND ACTUAL – GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2016

Variance Positive (Negative)

Budgeted Amounts

Actual

Other

Total

Original

Final

Amounts Governmental Governmental

General

Fund

Funds

Funds

Budgetary Fund Balance, July 1

2,628,940 $

2,628,940 $

2,628,940 $

$

-

Resources (Inflows): Property taxes ASSETS Cash and cash equivalents

5,541,503 $

$

41,976

5,583,479 $

9,921,289 9,921,289 9,957,694 1,380,000 1,380,000 1,574,797 - 166,600

36,405 194,797

Investments

166,600

Excise taxes

Intergovernmental: State revenue sharing Accounts rec ivable (net of allowance for uncollectibles): Taxes

217,975 208,051 82,951

- -

217,975 208,051 83,774 1,082,416

284,169 116,420 110,000

284,169 116,420 110,000

306,044 115,414 109,628

21,875 (1,006)

Liens Other

Homestead

823

Local road assistance

(372) (76)

Tree growth Due from other funds

8,500 2,000 4,611

8,500 2,000 4,611 1,082,416 1,291,815 $

8,424

-

General assistance

924 7,342,295 $

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

TOTAL ASSETS

6,050,480 $

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 $

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

LIABILITIES Accounts payable Accrued xpe se

91,986 79,374 33,975 393,887 599,222

- - -

91,986 79,374 33,975

(159)

Amounts Available for Appropriation Charges to Appropriations (Outflows): General government Due to other governm nts Due to other funds TOTAL LIABILITIES DEFERRED INFLOWS OF RESOURCES Prepaid taxes Public safety Health and welfare Recreation and culture

14,991,426

14,991,426

15,395,314

403,888

688,529 688,529

1,082,416 1,287,751

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

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

33,281

-

33,281 342,794 376,075

Education Public works County tax Unclassified Debt service: Principal FUND BALANCES Nonspendable Restricted Interest Deferred tax revenues

6,609,536 6,609,536 6,609,536 342,794 -

-

970,588 1,042,287 376,075

238,109

TOTAL DEFERRED INFLOWS OF RESOURCES

-

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

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

-

64,981

- - -

55,100 119,298 15,607 415,329 (2,048) 603,286

55,100 119,298 15,607 1,474,273 4,014,191 5,678,469

- -

Committed Assigned

Capital outlay

54,297

1,058,944 4,016,239 5,075,183

Transfers to other funds Total Charges to Appropriations Unassigned

-

12,602,559

12,785,823

12,328,742

457,081

TOTAL FUND BALANCES

Budgetary Fund Balance, June 30 Utilization of unassigned fund balance Utilization of assigned fund balance TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

2,388,867 $

2,205,603 $

3,066,572 $

$ $

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

$

240,073

$

255,073 168,264 423,337

$

-

6,050,480 $

1,291,815 $

7,342,295 $

-

-

$

240,073

$

$

-

$

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

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

54