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, 2016

STATEMENT C

Budgeted Amounts TOWN OF BUXTON, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2023

Variance Positive (Negative)

Actual

Original

Final

Amounts

Other

Total

Budgetary Fund Balance, July 1

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

$ 2,628,940

$

-

General

Governmental

Governmental

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

Fund

Funds

Funds

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

36,405 194,797

$ 7,835,847

$

41,847 168,082

$ 7,877,694

Intergovernmental: State revenue sharing

Investments

-

168,082

284,169 116,420 110,000

284,169 116,420 110,000

306,044 115,414 109,628

21,875 (1,006)

Homestead Accounts receivable (net of allowance for uncollectibles): Taxes

313,973 148,306 144,151

- -

313,973 148,306 147,427 871,769

Local road assistance

(372) (76)

Liens Other

Tree growth

8,500 2,000 4,611

8,500 2,000 4,611

8,424

3,276

General assistance

924

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

Other TOTAL ASSETS Due from other funds

7,267

864,502

34,338 591,379 13,032 36,859 17,841 $

$ 8,449,544

$ 1,077,707

$ 9,527,251

Charges for services Investment income Interest fees on taxes Miscellaneous revenues

495,997

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

3,500 18,000 18,000 $ 169,303 95,242

LIABILITIES Accounts payable Accrued expense Due to other funds TOTAL LIABILITIES

- -

169,303 95,242 871,769 1,136,314

(159)

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

14,991,426 14,991,426 864,502

15,395,314

403,888

7,267 7,267

1,129,047

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 DEFERRED INFLOWS OF RESOURCES Prepaid taxes

30,510 253,586 284,096

- - -

30,510 253,586 284,096

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

Deferred tax revenues

TOTAL DEFERRED INFLOWS OF RESOURCES

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

FUND BALANCES Nonspendable

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

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

-

- - -

55,100 626,275 19,234 371,632

55,100 626,275 19,234 1,604,381 5,801,851 8,106,841

64,981

Restricted Committed Assigned

- -

1,232,749 5,803,652 7,036,401

Interest Unassigned (deficit) TOTAL FUND BALANCES Capital outlay

(1,801)

54,297

1,070,440

Transfers to other funds

-

Total Charges to Appropriations TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

12,602,559 12,785,823

12,328,742

457,081

$ 8,449,544

$ 1,077,707

$ 9,527,251

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.

53

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