9031-R3_CC_Hollis_2023-2024_AnnualReport_Web

SCHEDULE 1

TOWN OF HOLLIS, MAINE BUDGETARY COMPARISON SCHEDULE - BUDGETARY BASIS

BUDGET AND ACTUAL - GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2024

Variance Positive (Negative)

Budgeted Amounts

Actual

Original

Final

Amounts

Budgetary Fund Balance, July 1

6,131,146 $

6,131,146 $

6,131,146 $

$

-

Resources (Inflows): Taxes: Property taxes

8,243,109 8,243,109 1,075,000 1,075,000

8,517,706 1,190,448

274,597 115,448

Excise taxes

Intergovernmental revenues: State revenue sharing Homestead reimbursement

512,116 240,000 45,000 675,000 38,500 3,000 53,948

512,116 240,000 45,000 675,000 38,500 3,000 53,948

489,866 239,846 150,388 881,683 45,809 2,822 62,216 11,338 101,975 12,799 886,249 42,701 53,546

(22,250)

(154)

General assistance BETE reimbursement

105,388 206,683

Tree growth

7,309

Veterans' reimbursement Local road assistance

(178)

8,268 11,338 101,975 12,799 372,449 (2,299) (31,454)

Other

- - -

- - -

Interest income

Interest on taxes/lien costs Charges for services Franchise agreement Miscellaneous revenues

513,800 45,000 85,000

513,800 45,000 85,000

Sale of Property

-

-

7,000

7,000

Amounts Available for Appropriation

17,660,619 17,660,619 18,827,538

1,166,919

Charges to Appropriations (Outflows): General government

1,442,486 1,491,646 1,167,183 1,262,192 1,013,000 1,396,338

1,340,547 1,148,668 971,269 353,860 72,217 306,315 108,537 5,673,309 286,819 400,316 1,406,835

151,099 113,524 425,069 26,352

Emergency services

Public works Recreation

361,912 73,950 312,000 77,690 284,919 78,536

380,212 76,191 322,189 106,395 284,919 78,692

Libraries

3,974 15,874 (2,142)

Public services Health and welfare

Education County tax Unclassified

5,673,309 5,673,309

-

(1,900)

(321,624)

Transfers to other funds

1,406,835 1,406,835

-

Total Charges to Appropriations

11,891,820 12,478,918 12,068,692

410,226

Budgetary Fund Balance, June 30

5,768,799 $

5,181,701 $

6,758,846 $

1,577,145 $

Utilization of Assigned Fund Balance Utilization of Unassigned Fund Balance

$

162,347 200,000 362,347

$

749,445 200,000 949,445

$

- - -

$

(749,445) (200,000) (949,445)

$

$

$

$

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

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