8355-R5_ML&P_BuxtonAnnualReport_2021-2022_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE

BUDGETARY COMPARISON SCHEDULE - BUDGETARY BASIS BUDGET AND ACTUAL - GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2019

Variance Positive (Negative)

Actual

Budgeted Amounts

Original

Final

Amounts

Budgetary Fund Balance, July 1

$ 3,533,550 3,533,550 $

$ 3,533,550

$

-

Resources (Inflows): Property taxes

11,005,760 11,005,760 1,582,500 1,582,500

10,924,771 1,873,782

(80,989) 291,282 48,957 61,346 81,198 17,374 419,168

Excise taxes

Intergovernmental Charges for services Investment income Miscellaneous revenues

795,780 532,900 39,500

795,780 532,900 39,500

844,737 594,246 120,698 19,374

2,000

2,000

Amounts Available for Appropriation

17,491,990 17,491,990

17,911,158

Charges to Appropriations (Outflows): General government

1,817,756 1,854,676 2,231,815 2,325,730

1,752,093 2,180,726

102,583 145,004 27,170 57,914

Public safety

Health and welfare

772,524 127,221

779,857 178,629

752,687 120,715

Recreation and culture

Education

7,423,641 7,423,641 1,139,497 1,203,339

7,423,641 1,080,324

-

Public works County tax Unclassified Debt service: Principal

123,015

418,678 51,407

418,678 58,088

418,678 49,371

-

8,717

90,000 32,441 300,955

90,000 32,441 338,876

90,000 32,441 299,587

- -

Interest

Capital outlay

39,289 503,692

Total Charges to Appropriations

14,405,935 14,703,955

14,200,263

Budgetary Fund Balance, June 30

$ 3,086,055 2,788,035 $

$ 3,710,895

$ 922,860

Utilization of assigned fund balance Utilization of unassigned fund balance

$

-

$ 261,020

$

- - -

$ (261,020)

447,495

484,495

(484,495)

$ 447,495

$ 745,515

$

$ (745,515)

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

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