8686-R1_ML&P_BuxtonAnnualReport_2022-2023_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE

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

TABLE 1

Original TOWN OF BUXTON, MAINE NET POSITION JUNE 30, 2023 and 2022 Table 1 Town of Buxton, Maine Net Position June 30,

Variance Positive (Negative)

Actual

Budgeted Amounts

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 Assets: Current Assets

795,780 532,900 39,500

795,780 532,900 39,500

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

2023

2022

2,000 $ 8,655,482 8,095,336

$ 8,351,574 8,318,696

2,000

Amounts Available for Appropriation Noncurrent Assets - Capital Assets

17,491,990 17,491,990

17,911,158

Total Assets

16,750,818 16,670,270

Charges to Appropriations (Outflows): General government Deferred Outflows of Resources: Deferred Outflows Related to OPEB Deferred Outflows Related to Pension Total Deferred Outflows of Resources Public safety Health and welfare Recreation and culture

1,817,756 1,854,676 2,231,815 2,325,730 53,323

1,752,093 2,180,726

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

65,451

962,071 1,015,394

1,102,136 1,167,587

772,524 127,221

779,857 178,629

752,687 120,715

Education Public works Liabilities: Current Liabilities Noncurrent Liabilities County tax Unclassified Debt service: Principal Total Liabilities

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

7,423,641 1,080,324

-

123,015

549,182 1,765,535 2,314,717

1,309,488 1,203,227 2,512,715

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 Deferred Inflows of Resources: Prepaid Taxes Deferred Inflows Related to OPEB Deferred Inflows Related to Pension Total Deferred Inflows of Resources Net Position: Net Investment in Capital Assets Restricted: Nonexpendable Budgetary Fund Balance, June 30 Utilization of assigned fund balance Utilization of unassigned fund balance Capital outlay Total Charges to Appropriations

30,510 72,639 327,582 430,731

28,406

39,289 503,692

14,200,263 54,852

14,405,935 14,703,955

1,056,220 1,139,478

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

$ 3,710,895

$ 922,860

$

-

$ 261,020

$

- - -

$ (261,020)

7,169,866 55,100 626,275 7,169,523

$ 55,100 881,816 6,211,382 7,037,366

447,495

484,495

(484,495)

$ 447,495

$ 745,515

$ (745,515)

Expendable

Unrestricted

Total Net Position

$ 15,020,764 14,185,664 $

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

51

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