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, 2016

Variance Positive (Negative)

Budgeted Amounts

Actual

Original

Final

Amounts

Budgetary Fund Balance, July 1

$ 2,628,940 2,628,940 $

$ 2,628,940

$

-

Resources (Inflows): Property taxes

9,921,289 9,921,289 9,957,694 1,380,000 1,380,000 1,574,797

36,405 194,797

Excise taxes

Intergovernmental: State revenue sharing

284,169 116,420 110,000

284,169 116,420 110,000

306,044 115,414 109,628

21,875 (1,006)

Homestead

Local road assistance

(372) (76)

Tree growth

8,500 2,000 4,611

8,500 2,000 4,611

8,424

General assistance

924

(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

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

(159)

Amounts Available for Appropriation Charges to Appropriations (Outflows): General government

14,991,426 14,991,426

15,395,314

403,888

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

Public safety

Health and welfare Recreation and culture

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

Education Public works County tax Unclassified Debt service: Principal

6,609,536 6,609,536 6,609,536

-

970,588 1,042,287

238,109

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

- -

Interest

Capital outlay

54,297

Transfers to other funds

-

Total Charges to Appropriations

12,602,559 12,785,823

12,328,742

457,081

Budgetary Fund Balance, June 30 Utilization of unassigned fund balance Utilization of assigned fund balance

$ 2,388,867 2,205,603 $

$ 3,066,572

$

860,969

$ 240,073

$ 255,073

$

- - -

$ (255,073)

-

168,264

(168,264)

$ 240,073

$ 423,337

$

$ (423,337)

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

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