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 TOWN OF BUXTON, MAINE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND

STATEMENT E

Variance Positive (Negative)

Original BALANCES - GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2023 Final Budgeted Amounts

Actual

Amounts

Budgetary Fund Balance, July 1

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

$ 2,628,940

$

-

Other

Total

Resources (Inflows): Property taxes

9,921,289 9,921,289 9,957,694 1,380,000 1,380,000 1,574,797 Fund Funds Funds Governmental Governmental General

36,405 194,797

Excise taxes

REVENUES Taxes: Property

Intergovernmental: State revenue sharing

284,169 116,420 110,000 2,046,432 2,027,525 887,192 416,742 19,708,216 8,500 2,000 4,611 495,997 $ 14,330,325

284,169 116,420 110,000

306,044 115,414 109,628 $ 14,330,325 2,046,432

21,875 (1,006)

$

- -

Homestead

Excise

Local road assistance

(372) (76)

Tree growth Intergovernmental Charges for services Miscellaneous revenues General assistance Other

8,500 2,000 4,611 278,207 47,894 334,710 8,609

8,424 2,036,134 1,165,399 464,636 20,042,926 924

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

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

TOTAL REVENUES

Charges for services Investment income Interest fees on taxes Miscellaneous revenues

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

3,500 18,000 18,000

EXPENDITURES Current:

(159)

Amounts Available for Appropriation Charges to Appropriations (Outflows): General government General government Public safety Health and welfare Recreation and culture Public safety

14,991,426 14,991,426 2,460,932

15,395,314

403,888

- -

2,460,932 3,039,289 1,034,288 9,151,773 1,296,895 450,937 712,547 89,103

3,039,289

1,514,684 1,552,589 1,458,262 1,779,708 1,792,538 1,805,601 1,030,860 3,428 89,103 -

94,327 (13,063) (4,815) 23,245

Education Public works County tax Unclassified Debt service: Principal

713,437 67,135 9,151,773 1,296,895 450,937

- - -

Health and welfare Recreation and culture

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 59,296 653,251

238,109

432,656 69,993

432,656 90,638

-

90,000 21,714

- - -

90,000 21,714 685,974

64,981

Interest

Capital outlay

90,000 23,542 272,083 59,197 685,974 18,376,773 1,331,443

90,000 23,542 285,844 59,197 (321,969) 656,679

- -

Interest TOTAL EXPENDITURES

19,033,452

Capital outlay

54,297

Transfers to other funds NET CHANGE IN FUND BALANCES Total Charges to Appropriations

1,009,474

-

12,602,559 12,785,823 5,704,958 1,392,409 $ 2,388,867 2,205,603 $ 7,036,401 1,070,440 $ $ 240,073 $ 255,073

12,328,742

457,081

FUND BALANCES - JULY 1

7,097,367

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

$ 3,066,572

$

860,969

FUND BALANCES - JUNE 30

$

$ 8,106,841

$

- - -

$ (255,073)

-

168,264

(168,264)

$ 240,073

$ 423,337

$

$ (423,337)

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

54

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