8686-R1_ML&P_BuxtonAnnualReport_2022-2023_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE

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

TOWN OF BUXTON, MAINE COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 Original Final Budgeted Amounts

Variance Positive (Negative)

Actual

Amounts

Special Revenue

Total Nonmajor Governmental $ 3,533,550 $

Budgetary Fund Balance, July 1

$ 3,533,550 3,533,550 $

-

Permanent

Resources (Inflows): Property taxes

Funds

Funds

Funds 10,924,771 1,873,782

11,005,760 11,005,760 1,582,500 1,582,500

(80,989) 291,282 48,957 61,346 81,198 17,374 419,168

ASSETS Cash and cash equivalents Excise taxes Intergovernmental

$

38,921 795,780 532,900 - 3,276 39,500 2,000 863,560

$

2,926 168,082 795,780 532,900

$

41,847 168,082

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

Investments

Accounts receivable (net of allowance for uncollectibles) Charges for services Investment income Miscellaneous revenues Amounts Available for Appropriation

39,500

-

3,276

2,000

Due from other funds TOTAL ASSETS LIABILITIES Due to other funds TOTAL LIABILITIES FUND BALANCES Nonspendable Public safety Health and welfare Education Public works

942

864,502 $ 1,077,707 17,911,158

$ 171,950 17,491,990 17,491,990

$ 905,757

Charges to Appropriations (Outflows): General government

$ 1,817,756 1,854,676 2,231,815 2,325,730

1,752,093 2,180,726

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

$

2,599 2,599 772,524 127,221 514,093 19,234 371,632 418,678 51,407 (1,801) 903,158 90,000 32,441 300,955

4,668 4,668 55,100 112,182 418,678 779,857 178,629

$

7,267 7,267

752,687 120,715

Recreation and culture

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

7,423,641 1,080,324

-

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

123,015

Restricted Committed Assigned

County tax Unclassified

418,678 49,371

-

- - -

58,088

8,717

Unassigned (deficit) TOTAL FUND BALANCES Debt service: Principal

(1,801)

167,282 90,000 32,441 338,876

1,070,440 90,000

- -

Interest

32,441 299,587

TOTAL LIABILITIES AND FUND BALANCES Capital outlay Total Charges to Appropriations

39,289 503,692

$ 905,757

$ 171,950 14,405,935 14,703,955

$ 1,077,707 14,200,263

Budgetary Fund Balance, June 30

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

$ 3,710,895

$ 922,860

Utilization of assigned fund balance Utilization of unassigned fund balance

$

-

$ 261,020

$

- - -

$ (261,020)

447,495

484,495

(484,495)

$ 447,495

$ 745,515

$

$ (745,515)

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

60

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