8381-R2_ML&P_Hollis_2021-2022_AnnualReport_Web

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES 2,707,057 (822,713) (10,617) 153,061 2,026,788 TOTAL EXPENDITURES 8,470,232 834,304 10,800 215,671 9,531,007 OTHER FINANCING SOURCES (USES) Transfers in - 1,417,098 - 1,400 1,418,498 Transfers (out) (1,418,498) - - - (1,418,498) TOTAL OTHER FINANCING SOURCES (USES) (1,418,498) 1,417,098 - 1,400 - NET CHANGE IN FUND BALANCES 1,288,559 594,385 (10,617) 154,461 2,026,788 FUND BALANCES - JULY 1 4,430,536 5,737,362 19,961 276,059 10,463,918 FUND BALANCES - JUNE 30 $ 5,719,095 $ 6,331,747 9,344 $ 430,520 $ $ 12,490,706 OTHER FINANCING SOURCES (USES) Transfers in - 1,417,098 - 1,400 1,418,498 Transfers (out) (1,418,498) - - - (1,418,498) TOTAL OTHER FINANCING SOURCES (USES) (1,418,498) 1,417,098 - 1,400 - NET CHANGE IN FUND BALANCES 1,288,559 594,385 (10,617) 154,461 2,026,788 FUND BALANCES - JULY 1 4,430,536 5,737,362 19,961 276,059 10,463,918 FUND BALANCES - JUNE 30 $ 5,719,095 $ 6,331,747 9,344 $ 430,520 $ $ 12,490,706 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES 2,707,057 (822,713) (10,617) 153,061 2,026,788

STATEMENT E

STATEMENT E

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2022 FUND BALANCES - GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2022 Other Total General Poland Spring Road Paving Governmental Governmental Fund TIF Fund Projects Funds Funds Intergovernmental revenues 1,720,615 - - 252,970 1,973,585 Charges for services 719,236 - - 62,876 782,112 Miscellaneous revenues 94,122 11,591 183 52,886 158,782 TOTAL REVENUES 11,177,289 11,591 183 368,732 11,557,795 EXPENDITURES Current: General government 1,135,422 - - - 1,135,422 Emergency services 878,588 - - - 878,588 Public works 577,476 - 10,800 - 588,276 Recreation 289,725 - - - 289,725 Libraries 70,689 - - - 70,689 Public services 280,466 - - - 280,466 Other Total General Poland Spring Road Paving Governmental Governmental Fund TIF Fund Projects Funds Funds REVENUES Taxes: Property taxes $ 7,551,055 - $ - $ - $ $ 7,551,055 Excise taxes 1,092,261 - - - 1,092,261 Intergovernmental revenues 1,720,615 - - 252,970 1,973,585 Charges for services 719,236 - - 62,876 782,112 Miscellaneous revenues 94,122 11,591 183 52,886 158,782 TOTAL REVENUES 11,177,289 11,591 183 368,732 11,557,795 EXPENDITURES Current: General government 1,135,422 - - - 1,135,422 Emergency services 878,588 - - - 878,588 Public works 577,476 - 10,800 - 588,276 Recreation 289,725 - - - 289,725 Libraries 70,689 - - - 70,689 Public services 280,466 - - - 280,466 REVENUES Taxes: Property taxes $ 7,551,055 - $ - $ - $ $ 7,551,055 Excise taxes 1,092,261 - - - 1,092,261 Health and welfare 4,305 - - - 4,305 Education 4,949,030 - - - 4,949,030 County tax 265,136 - - - 265,136 Unclassified 19,395 474,004 - 215,671 709,070 Debt service: Principal - 300,000 - - 300,000 Interest - 60,300 - - 60,300 Health and welfare 4,305 - - - 4,305 Education 4,949,030 - - - 4,949,030 County tax 265,136 - - - 265,136 Unclassified 19,395 474,004 - 215,671 709,070 Debt service: Principal - 300,000 - - 300,000 Interest - 60,300 - - 60,300 TOTAL EXPENDITURES 8,470,232 834,304 10,800 215,671 9,531,007

TOWN OF HOLLIS, MAINE TOWN OF HOLLIS, MAINE

See accompanying independent auditor’s report and notes to financial statements. See accompanying independent auditor’s report and notes to financial statements.

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