Here is a summary of the Cash vs Budget and Long Term Debt. This reference is based on the financial statements dated 3-31-16 which can be found on the Town website along with the budget details. Nice to see such complete information with the new accountant. The next regular meeting is this
Monday, April 11 in the North Brookfield Fire House. http://www.brookfieldny.us/calendar.html
| TOWN OF BROOKFIELD - Financial Summary : |
|
|
|
|
|
| 3/31/2016 |
|
EXPENSES |
|
CASH |
| " |
|
2015-2016 |
|
3/31/2016 |
| FUND
ACCOUNTS: |
BUDGET |
|
Checking |
|
|
|
|
|
| General FUND |
|
|
|
$ 305,294 |
| *
Capital Projects |
|
|
$ 16,064 |
| * Misc (Parks) |
|
|
|
$ 9,784 |
| General |
|
$ 317,885 |
|
$ 331,142 |
| Highway |
(*) |
1,006,500 |
|
687,780 |
| Fire |
(**) |
158,813 |
|
- |
| Lighting |
|
14,000 |
|
19,311 |
| TOTAL: |
|
$ 1,497,198 |
|
$1,038,233 |
|
|
EXPENSES |
|
CASH |
|
|
|
|
|
| (*)
- Anticipated AID & INCOME to be Received: |
| CHIPS |
|
$ 200,000 |
|
|
| Hwy
Contracts |
$ 120,000 |
|
|
| PENDING |
|
$ 320,000 |
|
|
| Hwy Cash |
|
$ 687,780 |
|
|
| If Received: |
|
$ 1,007,780 |
|
|
|
|
|
|
|
| (**)
Sent to Fire Departments |
|
|
|
|
|
|
|
| Long
Term DEBT for HIGHWAY EQUIPMENT: |
| Equipment |
Rate |
Principal |
|
Due |
| 2015 IPC |
2% |
$ 75,078 |
|
2022 |
| 2015 IPC |
2.8% |
$ 188,296 |
|
2022 |
| TOTAL DEBT : |
|
$ 263,374 |
|
|
|
|
|
|
|
