9032-R1_ML&P_BuxtonAnnualReport_2023-2024_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE

TABLE 1

BUDGETARY COMPARISON SCHEDULE - BUDGETARY BASIS BUDGET AND ACTUAL - GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2019 TOWN OF BUXTON, MAINE STATEMENT OF NET POSITION JUNE 30, 2024 and 202 3

Variance Positive (Negative)

Actual

Budgeted Amounts

2023

Original

Final

Amounts

2024

(Restated)

Budgetary Fund Balance, July 1 Resources (Inflows): Property taxes Assets: Current Assets Noncurrent Assets - Capital Assets Intergovernmental Charges for services Investment income Miscellaneous revenues Deferred Outflows of Resources: Deferred Outflows Related to OPEB Deferred Outflows Related to Pension Total Deferred Outflows of Resources Amounts Available for Appropriation Excise taxes Total Assets

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

$ 3,533,550

$

-

9,099,335 $

8,655,482 $

11,005,760 11,005,760 1,582,500 1,582,500 8,908,210

10,924,771 1,873,782

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

8,095,336

18,007,545 16,750,818

795,780 532,900 39,500

795,780 532,900 39,500

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

91,697 519,729 611,426

53,323 962,071 1,015,394

2,000

2,000

17,491,990 17,491,990

17,911,158

Charges to Appropriations (Outflows): General government Liabilities: Current Liabilities Public safety Noncurrent Liabilities

1,817,756 1,854,676 2,231,815 2,325,730 992,135

1,752,093 2,180,726

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

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

1,583,937 2,576,072

Health and welfare Total Liabilities Recreation and culture

772,524 127,221

779,857 178,629

752,687 120,715

Education

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

7,423,641 1,080,324

-

Public works Deferred Inflows of Resources: Prepaid Taxes Deferred Revenue - ARPA Deferred Inflows Related to OPEB Deferred Inflows Related to Pension Total Deferred Inflows of Resources County tax Unclassified Debt service: Principal Interest Total Charges to Appropriations Net Position: Net Investment in Capital Assets Restricted: Nonexpendable Budgetary Fund Balance, June 30 Capital outlay

123,015

32,366 184,565 158,838 162,227 537,996

30,510 482,208 72,639 327,582 912,939

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

- -

39,289 503,692

14,405,935 14,703,955

14,200,263

8,237,312

7,169,866

$ 3,086,055 2,788,035 $ 55,100

$ 3,710,895 55,100

$ 922,860

Expendable

- 7,062,120 150,371

$ 7,169,523 144,067

Utilization of assigned fund balance Utilization of unassigned fund balance Unrestricted Total Net Position

$

$ 261,020

- - -

$ (261,020)

15,504,903 $

14,538,556 $

447,495

484,495

(484,495)

$ 447,495

$ 745,515

$

$ (745,515)

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

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

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