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1994 .. ALL NUMBERS IN THIS REPORT MUST BE ROUNDED TO THE NEAREST DOLLAR RECEIVED FE8 2 8 1995 .. ELAINE SNOWDEN TOWN CLeRK ANNUAL FINANCIAL REPORT UPDATE DOCUMENT . FOR THE TOWN OF WAPPINGER - COUNTY OF DUTCHESS FOR THE FISCAL YEAR ENDED 1994 - ., *************************************************************************** *AUTHORIZATION* ., ARTICLE 3, SECTION 30 OF THE GENERAL MUNICIPAL LAW: 1. *** EVERY MUNICIPAL CORPORATION *** SHALL ANNUALLY MAKE A REPORT OF ITS FINANCIAL CONDITION TO THE COMPTROLLER. SUCH REPORT SHALL BE MADE BY THE CHIEF FISCAL OFFICER OF SUCH MUNICIPAL CORPORATION *** _ 5. ALL REPORTS SHALL BE CERTIFIED BY THE OFFICER MAKING THE SAME AND SHALL BE FILED WITH THE COMPTROLLER WITHIN SIXTY DAYS AFTER THE CLOSE OF THE FISCAL YEAR OF SUCH MUNICIPAL CORPORATION *** IT SHALL BE THE DUTY OF THE INCUMBENT OFFICER AT THE TIME SUCH REPORTS ARE REQUIRED TO BE FILED WITH THE COMPTROLLER TO FILE SUCH REPORT *** ., - STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS ALBANY, NEW YORK 12236 1 .. ~.'~~ :,,~W',"ct Southern Dutchess News 914 297-3723 84 EAST MAIN STREET- WAPPINGERS FALLS NEW YORK - 12590 AFFIDAVIT OF PUBLICATION State of New York, County of Dutchess, Town of Wappinger. Joan Miller ........................................................ of the Town of Wappinger, Dutchess County, New York, being duly sworn, says that he is, and at the several times hereinafter was, the ~5?5?~~!:~p.~~.......... of the SOUTHERN DUTCHESS NEWS, a newspaper printed and published every Wednesday in the Town of Wappinger, Dutchess County, New York, and that the annexed NOTICE was duly published in the said newspaper for ~~~.....weeks successively in each week, commencing on the ...~.~.tb. day of ..Hi'lXf:;h....... 19.9.~. and on the following dates thereafter, namely on PLEASE TAKE NOTICE .. the Town of Wappinger au . Annual Flnenclel Report for the 1884 11M been completed Md ftIed In the of the Town Clerk of the TownofW anthe27lhdllyof~ 11185, end II far public I~ Md c;:opyIng ng nonneJ bull"- hout8 ~ 8:30 A.M. end 4:oo"I>.M., Monday through FrIdey In IlIId Town Clerk'. 0Illce DATED: WeppingIt8 F..... N.Y. . ~ 28, 11195 SIGNED: Beine H. Snowden Town Clerk Town of Wappinger and ending on the ..~~t:h.... day of !1~:r:~h.... 1~.~.. both days inclusive. ..1L~L..... Subscribed an sworn to before me this .....?~.1;..l). day of ....M~9.tt....J.iJ l"~~.-I .......... .I(~lf:k... _.... .~'""- Notary Public My commission expires ................................. RACHEL WlSH..p-' Jln'ARY PUSLlC. ST.4. iE C OUAlIFlfD IN DU;CW:~;; : #/14-485S002 QI UIIIMIsslON EXPIReS MARCH .31. w...I.P . *CERTIFICATION OF FISCAL OFFICER* I, ~~~ ~ ~ , CERTIFY THAT I AM THE CHIEF FISCAL OFFICER AND THAT THE IN~MATION INCLUDED HEREIN IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF. tk~~-L(/} wI~ SIGNATUI~E . . SUPERVISOR TITLE 20 Middlebush Road Wappingers Falls, New York 12590 OFFICIAL ADDRESS .. OFFICIAL ADDRESS .. February 24, 1995 DATE (~) 297-2744 OFFICE TELEPHONE NUMBER .. *INQUIRY* ." IF YOU HAVE ANY QUESTIONS RELATING TO THIS DOCUMENT PLEASE CALL: FILING REQUIREMENTS (518) 474-4014 ., ACCOUNTING REQUIREMENTS (518) 474-6023 *PLEASEMAIL COMPLETED DOCUMENT TO: . STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS BUREAU OF MUNICIPAL RESEARCH AND STATISTICS GOV. ALFRED E. SMITH STATE OFFICE BUILDING (10TH FLOOR) ALBANY, NeW YORK 12236 ATTENTION : JEFFREY MADEJ .., 2 ., . *FINANCIAL SECTION * . FINANCIAL INFORMATION FOR THE FOLLOWING FUNDS AND ACCOUNT GROUPS WAS INCLUDED IN THE ANNUAL FINANCIAL REPORT FILED BY YOUR GOVERNMENT FOR THE FISCAL YEAR ENDED 1993 AND HAS BEEN USED BY THE OSC AS THE BASIS FOR PREPARING THIS UPDATE DOCUMENT FOR YOUR FISCAL YEAR ENDED 1994: (A) GENERAL FUND (B) GENERAL TOWN-OUTSIDE VG (CD) SPECIAL GRANT (DB) HIGHWAY-PART-TOWN (SL) LIGHTING (SS) SEWER (SW) WATER (SM) MISCELLANEOUS (H) CAPITAL PROJECTS (TA) AGENCY (K) GENERAL FIXED ASSETS (W) GENERAL LONG-TERM DEBT r r ALL AMOUNTS INCLUDED IN THIS UPDATE DOCUMENT FOR 1993 REPRESENT THE DATA FILED BY YOUR GOVERNMENT WITH THE OSC AS REVIEWED AND ADJUSTED WHERE NECESSARY. IF ANY FUNDS WERE USED IN 1994 THAT WERE NOT USED IN 1993, PLEASE LIST BELOW. A FORM TO REQUEST ADDITIONAL OR BLANK FUND STATEMENTS IS INCLUDED IN THIS MAILING. . *** SUPPLEMENTAL SECTION *** . THE SUPPLEMENTAL SECTION INCLUDES THE FOLLOWING SECTIONS: . 1) STATEMENT OF INDEBTEDNESS 2) SCHEDULE FOR REPORTING VARIABLE RATE, DISCOUNTED, AND/OR NEGOTIATED BONDS AND NOTES 3) SCHEDULE FOR REPORTING ALL INSTALLMENT PURCHASE CONTRACTS/CERTIFICATES OF PARTICIPATION 4) SCHEDULE OF SECURITIES FOR COLLATERALIZATION 5) SCHEDULE OF TIME DEPOSITS AND INVESTMENTS 6) BANK RECONCILIATION 7) REAL PROPERTY TAX LEVY AND RELATED INFORMATION 8) LOCAL GOVERNMENT QUESTIONAIRE 9) NOTICE OF TORT CLAIMS - ALL NUMBERS IN THIS REPORT MUST BE ROUNDED TO THE NEAREST DOLLAR. . . 3 ~ TOTAL ASSETS , . II' 798,066 969,554 5 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (A) GENERAL FUND . BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 LIABILITIES AND FUND EQUITY .. ACCOUNTS PAYABLE $4,671 A600 $ 26,587 A - A - TOTAL ACCOUNTS PAYABLE 4,671- 26,587 .. TOTAL TOTAL LIABILITIES 4,671 26,587 , RESERVE FOR ENCUMBRANCES 11,289 A821 11 ,950 A - A - TOTAL RESERVE FOR ENCUMBRANCES 11,289 11,950 , UNRESERVED FUND BALANCE UNAPPROPRIATED 782,106 A911 481 ,017 A - A - TOTAL UNRESERVED FUND BALANCE - II UNAPPROPRIATED 782,106 481,017 APPROPRIATED FUND BALANCE .- A 599 450,000 TOTAL TOTAL FUND EQUITY 793,395 942,967 .. TOTAL LIABILITIES AND FUND EQUITY 798,066 969,554 , II' 6 .. TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (A) GENERAL FUND . RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES .. DOG LICENSES $5,054 TOTAL LICENSES AND .. PERMITS 6,122 FINES AND FORFEITED BAIL FINES & PEN-DOG CASES 89,949 2,662 . TOTAL FINES AND FORFEITURES 92,611 INSURANCE RECOVERIES ,- .5ItLe..:; of 134. VIl'herfa 958 . TOTAL SALE OF PROPERTY AND COMPENSATION FOR LOSS 958 . UNCLASSIFIED (SPECIFY) l<epU"i> 6r P~/otL y~5 ~1.,t;>J;HI)/fuJlJ.e, TOTAL MISCELLANEOUS LOCAL SOURCES 1,879 1,879 ST AID, REVENUE SHARING ST AID, MORTGAGE TAX " ST AID - OTHER (SPECIFY) tQ VJL. I 'Z..~ f/tHf -t ~S5aSS. stJ"""llro li,y 186,886 452,238 10,183 TOTAL STATE AID 649,307 BALANCING CODE , TOTAL FEDERAL AID , TOTAL TOTAL REVENUES 1,905,051 8 IP EDP CODE A2544 A_ A_ A2610 A2611 A_ A_ A2680 AXf,S- A_ A2770 ~)61 A_ A3001 A3005 A3089 A.3 00,2 A_ 2 A4888 A_ A_ 2 FOR THE FISCAL YEAR ENDED 1994 $ if, 797 , s- 0.5'1. I "&19a9 3, :<SV , /;2;Z / (.3 / ~. Sso , c.S- C.,llS- , /, ;L.oo / . .;J ") .!J- , d.. t{7fr / ~~.~:; . I 8.89 .:t , S-7o. (,0 g I FOR OSC USE ONLY I. ;{/;2. [f.3 7 I I rtI .. (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES ., TOTAL DETAIL REVENUES AND OTHER SOURCES 1,905,051' .. ., .. .. ... ., .. .. 9 EDP CODE FOR THE FISCAL YEAR ENDED 1994 $ 1,812,837 , TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (A) GENERAL FUND , RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES .. LEGISLATIVE BOARD, PERS SERV LEGISLATIVE BOARD, CONTR EXPEND . TOTAL LEGISLATIVE BOARD MUNICIPAL COURT, PERS SERV MUNICIPAL COURT, CONTR EXPEND TOTAL MUNICIPAL COURT SUPERVISOR,PERS SERV . SUPERVISOR,EQUIP & CAP OUTLAY SUPERVISOR,CONTR EXPEND TOTAL SUPERVISOR COMPTROLLER,PERS SERV COMPTROLLER, CONTR EXPEND . COMPTROLLER. EOUIPMENT TOTAL COMPTROLLER AUDITOR, CONTR EXPEND TOTAL AUDITORS TAX COLLECTION,PERS SERV . TAX COLLECTION,CONTR EXPEND TOTAL TAX COLLECTION ASSESSMENT, PERS SERV TOTAL ASSESSMENT . FISCAL AGENTS FEES, CONTR EXPEND TOTAL FISCAL AGENTS FEES CLERK,PERS SERV CLERK,EQUIP & CAP OUTLAY . - .. $26,775 55 26,830 116,641 5,301 121,942 49,140 12,992 674 62,806 86,287 726 87,013 27,182 27,182 46,001 2,221 48,222 79,874 79,874 1,996 1,996 77,229 617 10 EDP CODE AI0I0.1 $ AI0I0.4 A AI0I0.0 AllI0.l AII10.4 A AIII0.0 A1220.1 A1220.2 A1220.4 A A1220.0 A1315.1 A1315.4 A1315.2 A1315.0 A1320.4 A A1320.0 A1330.1 A1330.4 A A1330.0 A1355.1 A1355.2 A1355.0 A1355.4 A1380.4 A A1380.0 A1410.1 A1410.2 FOR THE FISCAL YEAR ENDED 1994 Ill' TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES Jf CLERK,CONTR EXPEND TOTAL CLERK LAW, CONTR EXPEND Jf TOTAL LAW ENGINEER, CONTR EXPEND , TOTAL ENGINEER ELECTIONS, PERS SERV ELECTIONS, CONTR EXPEND ELECTIONS. EOUIPMENT TOTAL ELECTIONS BUILDINGS, PERS SERV BUILDINGS, EQUIP & CAP OUTLAY BUILDINGS, CONTR EXPEND TOTAL OPERATION OF PLANT CENTRAL STOREROOM, CONTR EXPEND , TOTAL CENTRAL STOREROOM CENTRAL PRINT & MAIL,CONTR EXPEND TOTAL CENTRAL PRINTING AND MAILING CENTRAL DATA PROCESS & CAP , OUTLAY CENTRAL DATA PROCESS, CONTR EXPEND TOTAL CENTRAL DATA PROCESSING , , . $1,573 79,419 47,999' 47,999 20,758 20,758 5,729 12,226 17,955 23,297 126,030 85,775 235,102 11,921 11,921 20,178 20,178 1,163 23,651 24,814 11 EDP CODE A1410.4 $ A A1410.0 A1420.4 A A1420.0 A1440.4 A A1440.0 A1450.1 A1450.4 A 1450.2 A1450.0 A1620.1 A1620.2 A1620.4 A A1620.0 A1660.4 A A1660.0 A1670.4 A A1670.0 A1680.'2 A1680.4 A A1680.0 FOR THE FISCAL YEAR ENDED 1994 6,009 75,896 49,605 49,605 14,394 14,394 5,275 18,753 5,000 29,028 23,612 15,667 94,151 133,430 14,648 14,648 21,955 21,955 3,200 20,718 23,918 ", TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES .. UNALLOCATED INSURANCE, CONTR EXPEND .. TOTAL UNALLOCATED INSURANCE MUNICIPAL ASSN DUES, CONTR EXPEND TOTAL MUNICIPAL ASSN DUES OTHER GEN GOVT SUPPORT, CONTR EXPEND " TOTAL OTHER GENERAL GOVT SUPPORT " TOTAL GENERAL GOVERNMENT SUPPORT " TRAFFIC CONTROL, CONTR EXPEN TOTAL TRAFFIC CONTROL CONTROL OF ANIMALS, PERS SERV CONTROL OF ANIMALS, CONTR II EXPEND TOTAL CONTROL OF DOGS OTHER ANIMAL CONTROL, CONTR EXPEND .. TOTAL OTHER ANIMAL CONTROL II .. EDP CODE FOR THE FISCAL YEAR ENDED 1994 $162,231 A1910.4 $ A 162,231' A1910.0 1,025 A1920.4 A 1,025 A1920.0 11,804 A1989.4 A 11,804 1,089,071 918 918 10,500 11,072 21,572 125 125 12 A1989.0 A A A A A A3310.4 A A3310.0 A3510.1 A3510.4 A A3510.0 A3520.4 A A3520.0 142.172 142 .172 1. 025 1.025 12.225 12.225 973.518 4.957 4.957 10.500 10.318 20.818 TOWN OF WAPPINGER " ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES " " TOTAL PUBLIC SAFETY 22,615 STREET ADMIN, PERS SERV STREET ADMIN, CONTR EXPEND 51,698 362 " TOTAL HIGHWAY AND STREET ADMIN GARAGE, CONTR EXPEND 52,060 18,243 TOTAL GARAGE 18,243 ., ., TOTAL TRANSPORTATION 70,303 VETERANS SERVICE, CONTR EXPEND 325 " TOTAL VETERANS SERVICE OTHER ECO & DEV, CONTR EXPEND 325 1,000 TOTAL OTHER ECONOMIC ASST. 1,000 " " 13 " EDP CODE A A A A A A5010.1 A5010.4 A A5010.0 A5132.4 A A5132.0 A A A A A A6510.4 A A6510.0 A6989.4 A A6989.0 FOR THE FISCAL YEAR ENDED 1994 $ 25 ,775 52,198 231 52,429 27,211 27,211 79,640 600 600 1,000 1,000 ., TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES ., .. TOTAL ECONOMIC ASSISTANCE AND OPPORTUNITY ., RECREATION ADMINI, PERS SERV RECREATION ADMINI, CONTR EXPEND . TOTAL RECREATION ADMINISTRATION PARKS, PERS SERV PARKS, EQUIP & CAP OUTLAY PARKS, CONTR EXPEND .. TOTAL PARKS PLAYGR & REC CENTERS, PERS SERV PLAYGR & REC CENTERS, CONTR EXPEND TOTAL PLAYGROUNDS AND RECREATION CENTERS JOINT REC PROJ, CONTR EXPEND .. TOTAL JOINT RECREATION PROJECTS LIBRARY, CONTR EXPEND .. TOTAL MUSEUM LIBRARY HISTORIAN, PERS SERV .. .. 1,325 25,766 377 26,143 48,491 29,113 46,150 123,754 8,661 15,322 23,983 10,700 10,700 45,000 45,000 250 14 EDP CODE A A A A A A7020.1 A7020.4 A A7020.0 A7110.1 A7110.2 A7110.4 A A7110.0 A7140.1 A7140.4 A A7140.0 A7145.4 A A7145.0 A7410.4 A A7410.0 A7510.1 FOR THE FISCAL YEAR ENDED 1994 $ 1,600 26,146 234 26,380 49,299 21,906 48,544 119,749 9,175 15,231 24,406 10,900 In ,900 45,000 45,000 " TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE DETAIL EXPENDITURES AND OTHER USES .. HISTORIAN, CONTR EXPEND TOTAL HISTORIAN CELEBRATIONS, CONTR EXPEND " TOTAL CELEBRATIONS PROGRAMS FOR AGING, CONTR EXPEND " TOTAL PROGRAMS FOR THE AGING ADULT RECREATION, PERS SERV ADULT RECREATION, EQUIP & CAP OUTLAY ADULT RECREATION, CONTR EXPEND " TOTAL ADULT RECREATION " TOTAL CULTURE AND RECREATION ENVIRONMENTAL CONTROL, CONTR " EXPEND TOTAL ENVIRONMENTAL CONTROL REFUSE & GARBAGE, CONTR EXPEND ., TOTAL REFUSE & GARBAGE " .. $271 A7510.4 $ A 521 A7510.0 9,876" A7550.4 A 9,876 A7550.0 18,134 A7610.4 A 18,134 A7610.0 29,136 A7620.1 520 A7620.2 3,990 A7620.4 A 33,646 A7620.0 A A A A A 291,757 816 A8090.4 A A8090.0 816 10,000 A8160.4 A A8160.0 10,000 15 FOR THE FISCAL YEAR ENDED 1994 25 25 10,000 10,000 19,049 19,049 29,631 5,687 35,318 290,827 730 730 10,000 10,000 . TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES ... COMM BEAUTIFICATION, CONTR EXPEND .. TOTAL COMMUNITY BEAUTIFICATION , TOTAL HOME AND COMMUNITY SERVICES , STATE RETIREMENT SYSTEM SOCIAL SECURITY, EMPLOYER CONT WORKER'S COMPENSATION, EMPL BNFTS LIFE INSURANCE, EMPL BNFTS UNEMPLOYMENT INSURANCE, EMPL BNFTS DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT OTHER EMPLOYEE BENEFITS (SPEC) TOTAL EMPLOYEE BENEFITS , .. DEBT PRINCIPAL, SERIAL BONDS TOTAL DEBT PRINCIPAL DEBT INTEREST, SERIAL BONDS TOTAL DEBT INTEREST TOTAL EXPENDITURES . $860 860 11,676 1,758 42,543 11,500 2,195 3,146 2,164 125,887 9,941 199,134 28,950 28,950 37,422 37,422 1,752,253 16 EDP CODE A8510.4 $ A A8510.0 A A A A A A9010.8 A9030.8 A9040.8 A9045.8 A9050.8 A9055.8 A9060.8 A9089.8 A9710.6 A9710.7 FOR THE FISCAL YEAR ENDED 1994 30 30 10.760 1. 393 42.373 10.663 2.749 4.340 2.142 138.645 14.710 217.015 28.950 28.950 35.179 35.179 1.663.265 TOWN OF WAPPINGER " ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (A) GENERAL FUND RESULTS OF OPERATIONS FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 DETAIL EXPENDITURES AND OTHER USES " TRANSFERS, CAPITAL PROJECTS FUND $135,739 A9950.9 $ TOTAL TRANSFERS 135,739 .. TOTAL OTHER USES 135,739 TOTAL DETAIL EXPENDITURES AND OTHER USES 1,887,992 1,663,265 .. , , , , , 17 II' TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (A) GENERAL FUND RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY . FUND EQUITY-BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY-END OF YEAR* $776,336 A8021 $793,395 1,905,051 . 1,887,992 793,395 A8029 1.812.837 1. 663.265 942.967 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. . PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS . UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. . . , .. 18 .. TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE ESTIMATED REVENUES AND OTHER SOURCES .. .. EST REV - REAL PROPERTY TAXES EST REV - REAL PROPERTY TAX ITEMS EST REV - DEPARTMENTAL INCOME EST REV - USE OF MONEY AND PROPERTY EST REV - LICENSES AND PERMITS EST REV - FINES AND FORFEITURES EST REV-MISCELLANEOUS LOCAL SOURCES EST REV - STATE AID 37,072 A2799M 649,307 A3099M A_M A_M $1,020,286 AI049M 62,467 AI099M 11,571- A1299M 23,918 A2499M 6,122 A2599M 94,306 A2649M .. .. TOTAL ESTIMATED REVENUES 1,905,049 APPROPRIATED FUND BALANCE ~M _M .. TOTAL ESTIMATED REVENUES AND OTHER SOURCES 1,905,049 .. .. .. 19 .. FOR THE FISCAL YEAR ENDED 1994 $ 987,536 35,000 16,600 20,000 5,100 97,315 1. 500 345,100 1,508,151 358,612 1,866,763 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (A) GENERAL FUND SUMMARY OF FINAL BUDGET AS MODIFIED ., DESCRIPTION APPROPRIATIONS ., .. APP - GENERAL GOVERNMENT SUPPORT APP - PUBLIC SAFETY APP - TRANSPORTATION APP - ECONOMIC ASSISTANCE AND OPPORTUNITY APP - CULTURE AND RECREATION APP - HOME AND COMMUNITY SERVICES APP-EMPLOYEE BENEFITS APP - DEBT SERVICE .. TOTAL ESTIMATED EXPENDITURES .. APP - INTERFUND TRANSFER OTHER BUDGETARY PURPOSES TOTAL ESTIMATED OTHER USES .. TOTAL APPROPRIATIONS -' .. .. .. FOR THE FISCAL YEAR ENDED 1993 EDP CODE $1,089,069 A1999M 22,615 A3999M 70,303- A5999M 1,325 A6999M 291,757 A7999M 11,676 A8999M 199,134 A9199M 66,372 A9899M A - M A - M 1,752,251 135,739 A9999M 17,059 A 962M A - M A - M 152,798 - M - M 1,905,049 20 FOR THE FISCAL YEAR ENDED 1994 $ 1.078.667 32.120 94.498 1.600 310.730 16.250 250,636 64,130 1.848.631 1.848.631 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (B) GENERAL TOWN-OUTSIDE VG BALANCE SHEET DESCRIPTION ASSETS . CASH IN TIME DEPOSITS TOTAL CASH .. INVESTMENTS IN REPURCHASE AGREEMENTS TOTAL INVESTMENTS .. ACCOUNTS RECEIVABLE TOTAL OTHER RECEIVABLES (NET) , DUE FROM OTHER FUNDS TOTAL DUE FROM OTHER FUNDS .. TOTAL ASSETS .. .. .. .. FOR THE FISCAL YEAR ENDED 1993 EDP CODE $868,333 B201 B - B - 868,333- 101,575 B451 B - B - 101,575 204,579 B380 B - B - 204,579 183,000 B391 B - B - 183,000 1,357,487 21 FOR THE FISCAL YEAR ENDED 1994 $ 116.547 54 116.601 81~.~176 811\.,176 198.720 198.720 238.130 238.130 1,367,627 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. (B) GENERAL TOWN-OUTSIDE VG BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY .. ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE . TOTAL TOTAL LIABILITIES .. MISCELLANEOUS RESERVE (SPECIFY) TOTAL SPECIAL RESERVES .. UNRESERVED FUND BALANCE UNAPPROPRIATED .. TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED TOTAL TOTAL FUND EQUITY .. TOTAL LIABILITIES AND FUND EQUITY .. .. .. FOR THE FISCAL YEAR ENDED 1993 EDP CODE $21,362 B600 .B_ B_ 21,362' 21,362 569,116 B889 B - B - 569,116 767,009 B911 B - B - 767,009 1,336,125 1,357,487 22 FOR THE FISCAL YEAR ENDED 1994 $ 11 ,466 11. 466 11. 466 559..08~ 559,083 4,14~614 414.514 382.464 382.464 1,356.161 1,367,627 . TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (B) GENERAL TOWN-OUTSIDE VG RESULTS OF OPERATIONS . DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES "" REAL PROPERTY TAXES .., TOTAL REAL PROPERTY TAXES SALES TAX (FROM COUNTY) FRANCHISES SPEC. TO BID .., TOTAL NON PROPERTY TAX ITEMS .., CONTRIBUTIONS, PRIVATE AGENCIES-YOUTH ZONING FEES PLANNING BOARD FEES REFUSE & GARBAGE CHARGES OTHER HOME & COMMUNITY SERVICES INCOME ZONING BOARD OF APPEALS DRlU NAGE FEE TOTAL DEPARTMENTAL INCOME .., INTEREST AND EARNINGS .. TOTAL USE OF MONEY AND PROPERTY PERMITS, OTHER .., TOTAL LICENSES AND PERMITS REFUNDS OF PRIOR YEAR'S EXPENDITURES .., - $414,480 414,480 593,773 73,694 667,467 10,215 8,580 12,589 49,551 141,116 222,051 25,035 25,035 63,103 63,103 500 23 EDP CODE BI00l B_ B_ Bl120 Bl170 B~ B_ B2070 B2110 B2115 B2130 B2189 132112 B2193 B2401 B_ B_ B2590 B_ B_ B2701 B_ B_ FOR THE FISCAL YEAR ENDED 1994 $ 293,838 293,838 643,578 83,976 800 728,354 35,295 45 ,116 45 ,116 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., TOTAL TOTAL REVENUES 1,392,636 1.182 .855 INTERFUND TRANSFERS 125,000 B5031 B - ., B - TOTAL INTERFUND TRANSFERS 125,000 " (B) GENERAL TOWN-OUTSIDE VG RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR. ENDED 1993 DETAIL REVENUES AND OTHER SOURCES .. TOTAL MISCELLANEOUS LOCAL SOURCES $500 ., TOTAL TOTAL OTHER SOURCES 125,000 ., TOTAL DETAIL REVENUES AND OTHER SOURCES 1,517,636 ., ., ., 24 ... EDP CODE FOR THE FISCAL YEAR ENDED 1994 $ 1.182.855 TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT . FOR THE FISCAL YEAR ENDED 1994 ", (B) GENERAL TOWN-OUTSIDE VG RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES ., FISCAL AGENT FEES, CONTR EXPEND .. TOTAL FISCAL AGENT FEES LAW, CONTR EXPEND TOTAL LAW ENGINEER, CONTR EXPEND TOTAL ENGINEER ., .. TOTAL GENERAL GOVERNMENT SUPPORT ., POLICE, PERS SERV POLICE, CONTR EXPEND POLICE. EOUIPMENT TOTAL POLICE FIRE DEPARTMENT, PERS SERV FIRE DEPARTMENT, CONTR EXPEND .. TOTAL FIRE DEPARTMENT SAFETY INSPECTION, PERS SERV SAFETY INSPECTION, CONTR EXPEND TOTAL SAFETY INSPECTION - .. .. EDP CODE $1,417B1380.4 $ B 1,417- B1380.0 45,960 B1420.4 B 45,960 B1420.0 90,842 B1440.4 B 90,842 B1440.0 138,219 4,063 65,594 69,657 29,765 306 30,071 60,227 700 60,927 25 B B B B B B3120.1 B3120.4 B 3120.2 B3120.0 B3410.1 B3410.4 B B3410.0 B3620.1 B3620.4 B B3620.0 FOR THE FISCAL YEAR ENDED 1994 1. 703 1. 703 30.823 30.823 146.684 146.684 179.210 ~.095 61.902 16.845 82.842 29.851 267 30 .118 59.195 589 59.784 .., 26 ., TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (B) GENERAL TOWN-OUTSIDE VG RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE DETAIL EXPENDITURES AND OTHER USES ., TOTAL YOUTH PROGRAMS CELEBRATIONS, CONTR EXPEND TOTAL CELEBRATIONS - ." TOTAL CULTURE AND RECREATION ZONING, PERS SERV ZONING, CONTR EXPEND ." TOTAL ZONING PLANNING, PERS SERV PLANNING, CONTR EXPEND TOTAL PLANNING ., REFUSE & GARBAGE, PERS SERV REFUSE & GARBAGE, CONTR EXPEND EOUIPMENT TOTAL REFUSE AND GARBAGE DRAINAGE, CONTR EXPEND .. TOTAL DRAINAGE 11/II .. - $90,032 B7310.0 $ 1,440 B7550.4 B 1,440. B7550.0 B B B B B 91,472 63,054 B8010.1 1,741 B8010.4 B 64,795 B8010.0 12,040 B8020.1 32,422 B8020.4 B 44,462 B8020.0 6,333 B8160.1 158,360 B8160.4 88160.2 164,693 B8160.0 2,000 B8540.4 B 2,000 B8540.0 B B B B B 27 FOR THE FISCAL YEAR ENDED 1994 92.793 1.373 1 .373 94..166 63.720 1.319 65.039 12.226 31.194 43.420 6.180 145.406 1.149 152.735 19.034 19.034 TOWN OF WAPPINGER " ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (B) GENERAL TOWN-OUTSIDE VG RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES ,. TOTAL HOME AND COMMUNITY SERVICES $275,950 .. STATE RETIREMENT, EMPL BNFTS 423- SOCIAL SECURITY, EMPL BNFTS 15,104 WORKER'S COMPENSATION, EMPL BNFTS 6,215 LIFE INSURANCE, EMPL BNFTS 593 .I)-~SA~H-I:~ T.v- -I-NSl:I-R-A#GE")- -E-M Pi. llNEl1PLOYMENT INS. -~NF.:r-& DISABILITY INS. EMPL. BENEFITS 743 HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT 28,287 OTHER EMPLOYEE BENEFITS (SPEC) 3,533 TOTAL EMPLOYEE BENEFITS 54,898 ,. . DEBT PRINCIPAL, SERIAL BONDS TOTAL DEBT PRINCIPAL 181,800 181,800 DEBT INTEREST, SERIAL BONDS TOTAL DEBT INTEREST 174,753 174,753 .. TOTAL EXPENDITURES 1,100,040 TRANSFERS, OTHER FUNDS TOTAL TRANSFERS 295,719 295,719 TOTAL OTHER USES 295,719 .. TOTAL DETAIL EXPENDITURES AND OTHER USES 1,395,759 .. .. 28 .. EDP CODE B9010.8 B9030.8 B9040.8 B9045.8 B~050.8 B9055.8 B9060.8 B9089.8 B9710.6 B9710.7 B9901.9 FOR THE FISCAL YEAR ENDED 1994 $ 1..,163 ,.299 TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ", (B) GENERAL TOWN-OUTSIDE VG RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY ., .. FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $1,214,248 B8021 $1,336,605 1,517,636' 1.182.855 **1, 395 , 759 1,336,125 B8029 __t, 163.!.299_ 1.35h1li- * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN .., GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS .., REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. ., EXPENDITURES 1993 DECREASE EXPENSE DRAINAGE ADJ EXPEND 1.214.248 1.517.636 (1.395.279) 1.336.605 ADJ FUND BALANCE (8540.4) $1.395.759 (480) $1. 395 .279* ., .., .. 29 .. TOWN OF WAPPINGER lIP ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (B) GENERAL TOWN-OUTSIDE VG SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE ESTIMATED REVENUES AND OTHER SOURCES .. EST REV - REAL PROPERTY TAXES EST REV - NON PROPERTY TAX ITEMS EST REV - DEPARTMENTAL INCOME .. EST REV - USE OF MONEY AND PROPERTY TOTAL ESTIMATED REVENUES .. ESTIMATED - INTERFUND TRANSFERS .. TOTAL ESTIMATED OTHER SOURCES .. TOTAL ESTIMATED REVENUES AND OTHER SOURCES . . .. .. $414,480 B1049M 667,467 Bl199M 285,654' B1299M 25,035 B2499M B - M B - M 1,392,636 125,000 B5031M B - M B - M 125,000 - M - M 1,517,636 30 FOR THE FISCAL YEAR ENDED 1994 $ 293.838 560,000 94,455 20,000 968,293 - 0 - - 0 - 968,293 TOWN OF WAPPINGER ", ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. .. .. 31 ... .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 till (CD) SPECIAL GRANT BALANCE SHEET DESCRIPTION ASSETS .. STATE & FEDERAL RECEIVABLES ... TOTAL STATE AND FEDERAL AID RECEIVABLES TOTAL ASSETS .. ., .. .. .. ... ... FOR THE FISCAL YEAR ENDED 1993 EDP CODE $50,000 CD 410 CD_ CD_ 50,000 50,000 32 FOR THE FISCAL YEAR ENDED 1994 $ - 0 - - 0 - - 0 - TOWN OF WAPPINGER " ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 f1I1 (CD) SPECIAL GRANT BALANCE SHEET DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE .. LIABILITIES AND FUND EQUITY DUE TO OTHER FUNDS $50,000 CD 630 $ CD_ CD_ . TOTAL DUE TO OTHER FUNDS 50,000 TOTAL .. TOTAL LIABILITIES 50,000 UNRESERVED FUND BALANCE UNAPPROPRIATED 0 CD 911 CD - CD_ . TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED 0 '<III TOTAL TOTAL FUND EQUITY o . TOTAL LIABILITIES AND FUND EQUITY 50,000 . ... 33 .. FOR THE FISCAL YEAR ENDED 1994 - 0 - - 0 - - 0 - - 0 - - 0 - o - - 0 - - 0 - TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. (CD> SPECIAL GRANT RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES .. EDP CODE $68,170 CD2170 CD_ CD_ COMMUNITY DEVELOPMENT INCOME .. TOTAL DEPARTMENTAL INCOME 68,170 TOTAL TOTAL REVENUES 68,170 .. TOTAL DETAIL REVENUES AND OTHER SOURCES 68,170 .. .. .. rtI . 34 .. FOR THE FISCAL YEAR ENDED 1994 $ - 0 - - 0 - - 0 - - 0 - TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ", (CD> SPECIAL GRANT RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE DETAIL EXPENDITURES AND OTHER USES ", PUBLIC WORKS FAC SITE, CONTR EXPEND ., TOTAL PUBLIC WORKS FACILITIES SITE "'" TOTAL HOME AND COMMUNITY SERVICES TOTAL EXPENDITURES ., TOTAL DETAIL EXPENDITURES AND OTHER USES "'" .. ., .. ., $67,922 CD8662.4 $ CD 67,922 CD8662.0 CD CD CD CD CD 67,922 67,922 67,922 35 FOR THE FISCAL YEAR ENDED 1994 - 0 ... ... 0 ... - 0 - - 0 - - 0 ... TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. CCD) SPECIAL GRANT RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY .. FUND EQUITY-BEGINNING OF YEAR* $-248 CD8021 $0 ADD - REVENUES AND OTHER SOURCES 68,170 - 0 - DEDUCT - EXPENDITURES AND .. OTHER USES 67,922 - 0 - FUND EQUITY-END OF YEAR* 0 CD8029 - 0 - WI * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEARCS) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. .. ., ., .. .. 36 - TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (DB) HIGHWAY-PART-TOWN .. BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 ASSETS . CASH IN TIME DEPOSITS $174,045 DB 201 $ 106 .728 DB - DB - TOTAL CASH 174,045' 106.728 . INVESTMENTS IN REPURCHASE AGREEMENTS 422,014 DB 451 287.120 DB - DB - TOTAL INVESTMENTS 422,014 287.120 , TOTAL ASSETS 596,059 393.848 , , , 37 . TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (DB> HIGHWAY-PART-TOWN BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY " ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE .. TOTAL TOTAL LIABILITIES "" RESERVE FOR ENCUMBRANCES TOTAL RESERVE FOR ENCUMBRANCES "" UNRESERVED FUND BALANCE UNAPPROPRIATED TOTAL UNRESERVED FUND BALANCE - "" UNAPPROPRIATED APPROPRIATED FUND BALANCE TOTAL TOTAL FUND EQUITY "" TOTAL LIABILITIES AND FUND EQUITY "" .. ." FOR THE FISCAL YEAR ENDED 1993 EDP CODE $51,290 DB 600 DB_ DB_ 51,290' 51,290 77,788 DB 821 DB - DB_ 77,788 466,981 DB 911 DB_ DB - 466,981 DB 599 544,769 596,059 38 FOR THE FISCAL YEAR ENDED 1994 $ ?0,:l75 20,375 20.375 6.500 6.500 41. 973 41. 973 325.000 373,473 393,848 TOWN OF WAPPINGER II ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 II (DB) HIGHWAY-PART-TOWN RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE DETAIL REVENUES AND OTHER SOURCES II' REAL PROPERTY TAXES $1,266,523 DBI00l DB_ DB_ .. TOTAL REAL PROPERTY TAXES 1,266,523 TRANSPORTATION SERVICES, OTHER GOVTS 3,731 DB2300 DB_ DB_ ", TOTAL INTERGOVERNMENTAL CHARGES 3,731 INTEREST AND EARNINGS 27,908 DB2401 DB_ DB ", TOTAL USE OF MONEY AND PROPERTY 27,908 INSURANCE RECOVERIES REFUND OF PRIOR YRS. EXPENDITURE OTHER UNCLASSI~IED REV~NUE ", TOTAL S1'rl.-E-8f"--p.R6'P"E'R-rV ~-E~EN5~Fr6~~6R i:.:OSS 3,191 DB2680 DB2701 DB2770 3,191 ST AID, CONSOLIDATED HIGHWAY AID ", ST AID EMERGENCY DISASTER ASSISTANCE 83,839 DB3501 6,463 DB3960 DB_ DB_ TOTAL STATE AID 90,302 ., TOTAL TOTAL REVENUES FOR THE FISCAL YEAR ENDED 1994 $ 1.287.241 1,287.241 4.118 4. 118 43.642 43.642 2.865 98 11.460 14.423 86.708 86.708 1,391,655 1.436.132 INTERFUND TRANSFERS 295,719 DB5031 ., 39 .. ., TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (DB) HIGHWAY-PART-TOWN RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES ., TOTAL INTERFUND TRANSFERS .. TOTAL TOTAL OTHER SOURCES It" TOTAL DETAIL REVENUES AND OTHER SOURCES ,. ., .. .., .., .., 295,719' 295,719 1,687,374 40 EDP CODE DB_ $ DB_ FOR THE FISCAL YEAR ENDED 1994 1.436,132 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (DB) HIGHWAY-PART-TOWN RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES . MAINT OF STREETS, PERS SERV MAINT OF STREETS, CONTR EXPEND .. TOTAL MAINTENANCE OF ROADS PERM IMPROVE HIGHWAY, EQUIP & CAP OUTLAY . TOTAL IMPROVEMENTS MACHINERY, PERS SERV MACHINERY, EQUIP & CAP OUTLAY MACHINERY, CONTR EXPEND TOTAL MACHINERY BRUSH AND WEEDS, PERS SERV BRUSH AND WEEDS, CONTR EXPEND .. TOTAL MISCELLANEOUS SNOW REMOVAL, PERS SERV SNOW REMOVAL, CONTR EXPEND TOTAL SNOW REMOVAL .. ., TOTAL TRANSPORTATION STATE RETIREMENT, EMPl BNFTS SOCIAL SECURITY, EMPl BNFTS WORKER'S COMPENSATION, EMPl .. BNFTS LIFE INSURANCE, EMPL BNFTS ... ... $487,644 320,364 808,008 83,839 83,839 33,346 29,333 64,165 126,844 7,481 10,810 18,291 62,743 199,741 262,484 1,299,466 EDP CODE DB5110.1 DB5110.4 DB DB5110.0 DB5112.2 DB DB5112.0 DB5130.1 DB5130.2 DB5130.4 DB DB5130.0 DB5140.1 DB5140.4 DB DB5140.0 DB5142.1 DB5142.4 DB DB5142.0 DB DB DB DB DB 1,074 DB9010.8 36,127 DB9030.8 68,318 DB9040.8 1,484 DB9045.8 41 FOR THE FISCAL YEAR ENDED 1994 $ 491. 345 350.525 811.870 86.708 86.708 32.804 54.902 61. 044 148.750 10.674 11.720 22.394 53.230 247.155 300.385 TOWN OF WAPPINGER ,. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (DB) HIGHWAY-PART-TOWN RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 DETAIL EXPENDITURES AND OTHER USES ., ..", DISABILITY INSURANCE, EMPL BNFTS HOSPITAL & MEDICAL (DENTAL) INS, EMPL BNFT OTHER EMPLOYEE BENEFITS (SPEC) TOTAL EMPLOYEE BENEFITS TOTAL OTHER USES $693 DB9055.8 $ 684 78,216' DB9060.8 88,479 8,449 DB9089.8 8,564 194,361 212,923 16,700 DB9710.6 18,000 16,700 18,000 7,784 DB9710.7 6,691 7,784 6,691 1,518,311 1,607,721 295,719 DB9950.9 295,719 295,719 1,814,030 1,607,721 DEBT PRINCIPAL, SERIAL BONDS TOTAL DEBT PRINCIPAL .. DEBT INTEREST, SERIAL BONDS TOTAL DEBT INTEREST TOTAL EXPENDITURES .. TRANSFERS, CAPITAL PROJECTS FUND TOTAL TRANSFERS .. TOTAL DETAIL EXPENDITURES AND OTHER USES .. .. .. 42 .. TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (DB) HIGHWAY-PART-TOWN RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY .. .. FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $671,425 DB8021 $ 5,4.5 ,062 1,814,030 544,769 DB8029 1. 436.132 1.607.721 373,473 1,687,374. .. * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. .. ., REOUCE 5130.4 DB $ 1.814.030 293 $ 1.813.737 ADJ EXPENDITURES 1993 EXPENDITURES ., REVENUES ,l\DJ EXPENDITURES 671.425 1.687.374 0,813,737) 545,062 ADJ FUND EQUITY - END OF YEAR FUND EOUITY ., .. 43 .. TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 II' (DB) HIGHWAY-PART-TOWN SUMMARY OF FINAL BUDGET AS MODIFIED ., , ., 44 .. TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 II' (DB) HIGHWAY-PART-TOWN SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE APPROPRIATIONS II' APP - TRANSPORTATION APP - EMPLOYEE BENEFITS APP - DEBT SERVICE .. TOTAL ESTIMATED EXPENDITURES INTERFUND TRANSFERS II' TOTAL ESTIMATED OTHER USES II' TOTAL APPROPRIATIONS , ., . . . $1,299,466 DB5999M 194,361 DB9199M 24,484 DB9899M DB - M DB - M 1,518,311 295,719 DB9999M DB - M DB - M 295,719 M - M 1,814,030 45 FOR THE FISCAL YEAR ENDED 1994 $ 1.505.516 272.392 24.691 1.802.599 1. 802.599 TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SU LIGHTING ., BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 ASSETS " CASH IN TIME DEPOSITS $2,837 SL 201 $ 3.433 SL - SL - TOTAL CASH 2,837' 3.433 ., TOTAL ASSETS 2,837 3.433 ., " , " , " 46 ., TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ( SL) LIGHTING ., BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 LIABILITIES AND FUND EQUITY .. ACCOUNTS PAYABLE $2,069 SL 600 $ 2.086 SL - SL - TOTAL ACCOUNTS PAYABLE 2,069' 2.086 .. TOTAL TOTAL LIABILITIES 2,069 2.086 .. UNRESERVED FUND BALANCE UNAPPROPRIATED 768 SL 911 647 SL - SL TOTAL UNRESERVED FUND BALANCE - .. UNAPPROPRIATED 768 647 APPROPRIATED FUND BALANCE S L M..L 700 TOTAL TOTAL FUND EQUITY 768 1.347 .. TOTAL LIABILITIES AND FUND EQUITY 2,837 3.433 " II .. 47 .. ., .. (SU LIGHTING RESULTS OF OPERATIONS DESCRIPTION TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 FOR THE FISCAL YEAR ENDED 1993 TOTAL TOTAL REVENUES 22,816 .. TOTAL DETAIL REVENUES AND OTHER SOURCES 22,816 , .. .. .. .. 48 EDP CODE FOR THE FISCAL YEAR ENDED 1994 25,293 25,293 310 310 25,603 25,603 , TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 , (Sl) LIGHTING RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES , STREET LIGHTING, CONTR EXPEND TOTAL STREET LIGHTING . , TOTAL TRANSPORTATION TOTAL EXPENDITURES TOTAL DETAIL EXPENDITURES AND OTHER USES , , , , . . $24,627 SL5182.4 $ SL 24,627 SL5182.0 SL SL SL SL SL 24,627 24,627 24,627 49 EDP CODE FOR THE FISCAL YEAR ENDED 1994 25,M4 ?5,O?4 ?5,O?4 ?5,0?4 ?5 ,024 TOWN OF WAPPINGER II' ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (SL) LIGHTING RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY " " FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $2,579 SL8021 $768 22,816" 25.603 25.024 1. 347 24,627 768 SL8029 " * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. " " . . .. 50 .. TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 " (SU LIGHTING SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 , , , ., 51 . EDP CODE FOR THE FISCAL YEAR ENDED 1994 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. (Sl) LIGHTING SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 APPROPRIATIONS . . TOTAL ESTIMATED EXPENDITURES $24,627 SL5999M $ SL - M SL - M 24,627 - M - M 24,627 26.963 APP - TRANSPORTATION 26.963 TOTAL APPROPRIATIONS 26.963 .. .. .. . " . 52 . .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (SS) SEWER BALANCE SHEET DESCRIPTION ASSETS ., CASH IN TIME DEPOSITS TOTAL CASH .", INVESTMENTS IN SECURITIES TOTAL INVESTMENTS ." SEWER RENTS RECEIVABLE TOTAL OTHER RECEIVABLES ( NET) ., TOTAL ASSETS ." ." ." .. ... FOR THE FISCAL YEAR ENDED 1993 EDP CODE $456,385 SS 201 SS - SS - 456,385" 8,946 SS 450 SS - SS - 8,946 297,784 SS 360 SS - SS - 297,784 763,115 53 FOR THE FISCAL YEAR ENDED 1994 $ 54,320 54,320 383,738 383,738 296,001 296,001 734,059 . TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 . (SS) SEWER BALANCE SHEET DESCRIPTION LIABILITIES AND FUND EQUITY . ACCOUNTS PAYABLE TOTAL ACCOUNTS PAYABLE . TOTAL TOTAL LIABILITIES If UNRESERVED FUND BALANCE UNAPPROPRIATED .. TOTAL UNRESERVED FUND BALANCE - UNAPPROPRIATED APPROPRIATED FUND BALANCE TOTAL TOTAL FUND EQUITY If TOTAL LIABILITIES AND FUND EQUITY If .. .. . FOR THE FISCAL YEAR ENDED 1993 EDP CODE $186,385 SS 600 $ SS - SS - 186,385' 630 ~ 186,385 576,730 SS 911 SS - SS - 576,730 55 599 - 576,730 763,115 54 FOR THE FISCAL YEAR ENDED 1994 5,816 5,816 230 ,861 ' 230,861 236,677 93,863 93 ,863 403,519 497,382 734,059 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (SS) SEWER RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE DETAIL REVENUES AND OTHER SOURCES .. REAL PROPERTY TAXES $1,301,698 SS1001 SS - SS - TOTAL REAL PROPERTY ., TAXES 1,301,698 SEWER RENTS 889,459 SS2120 INTEREST & PENALTIES ON SEWER ACCTS 12,235 SS2128 WATER SERVICE CHARGES 1,100 SS2144 filii SS - SS - TOTAL DEPARTMENTAL INCOME 902,794 INTEREST AND EARNINGS 122,290 SS2401 .. SS - SS - TOTAL USE OF MONEY AND PROPERTY 122,290 .. TOTAL TOTAL REVENUES 2,326,782 INTERFUND TRANSFERS 19,000 SS5031 SS_ SS_ .. TOTAL INTERFUND TRANSFERS 19,000 .. TOTAL TOTAL OTHER SOURCES 19,000 .. TOTAL DETAIL REVENUES AND OTHER SOURCES 2,345,782 55 ... FOR THE FISCAL YEAR ENDED 1994 $ 1.074.025 1.074.025 885.902 13.771 50 899.723 163.678 163.678 2.137.426 2.137.426 " TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (SS) SEWER RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES .. JUDGEMENTS AND CLAIMS, CONTR EXPEND TOTAL JUDGMENTS AND CLAIMS .., COUPON FEES .. TOTAL GENERAL GOVERNMENT SUPPORT ." SEWER ADMINISTRATION, PERS SERV SEWER ADMINISTRATION, CONTR EXPEND TOTAL ADMINISTRATION SEWAGE TREAT DISP, CONTR EXPEND ." TOTAL SEWAGE TREATMENT AND DISPOSAL .. TOTAL HOME AND COMMUNITY SERVICES .. SOCIAL SECURITY , EMPL BNFTS OTHER EMPLOYEE BENEFITS (SPEC) TOTAL EMPLOYEE BENEFITS .., .., EDP CODE FOR THE FISCAL YEAR ENDED 1994 $60,000 SS1930.4 $ SS 60,000' SS1930.0 60,000 ss 1380.4_ ss ss SS ss 10,707 SS8110.1 26,933 S58110.4 SS 37,640 SS8110.0 913,305 SS8130.4 SS 913,305 SS8130.0 950,945 56 SS SS SS SS SS 663 SS9030.8 155 SS9089.8 818 6,611 6,611 20,512 11, 138 31,650 912,466 912,466 950,727 679 157 836 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ", (SS) SEWER RESULTS OF OPERATIONS ., FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 DETAIL EXPENDITURES AND OTHER USES DEBT PRINCIPAL, SERIAL BONDS $270,575 SS9710.6 $ 475.425 DEBT PRINCIPAL, BOND ANTICIPATION NOTES 110,000 SS9730.6 150.000 TOTAL DEBT PRINCIPAL 380,575" 625.425 DEBT INTEREST, SERIAL BONDS 477,685 SS9710.7 492.448 DEBT INTEREST, BOND ANTICIPATION NOTES 84,435 SS9730.7 89.604 TOTAL DEBT INTEREST 562,120 582.052 OTHER LONG TERM DEBT 559789.6 60.000 TOTAL EXPENDITURES 1,954,458 2,216,774 TOTAL DETAIL EXPENDITURES AND OTHER USES 1,954,458 2.216.774 ., ., ., ., ., ., ., 57 ., TOWN OF WAPPINGER ,. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. (SS) SEWER RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY ., FUND EQUITY-BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY-END OF YEAR* $185,406 SS8021 $576,730 .. 1,954,458 576,730 SS8029 2.137.426 2.216.774 497.382 2,345,782 ., * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. ., ., ., ., .. 58 .. 1'- r~ r r .r-., r,,> F" " .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT ....... ,.... FOR THE FISCAL YEAR ENDED 1994 .. (S'S) SEWER SUMMARY OF FINAL BUDGET AS MODIFIED ., DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 ESTIMATED REVENUES AND OTHER SOURCES .. EST REV - REAL PROPERTY TAXES EST REV - USE OF MONEY AND PROPERTY Departmental Income TOTAL ESTIMATED REVENUES ., APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES ., TOTAL ESTIMATED REVENUES AND OTHER SOURCES fill .. fill 58 A .. .. EDP CODE SS1049M SS2499M SS~M _M SS 599M M M _M _M r:l -, " .. FOR THE FISCAL YEAR ENDED 1994 $ 1,n7Ll,n?"_ 1 Q l QRQ . RR?,?ln l,Q7h,??4 ""0,"45 l)l)n,l)4l) 2.526.769 _ I ..-.. I ....... I r-. ., TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 fill (SS) SEWER SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 fill APPROPRIATIONS .. APP - HOME & COMMUNITY SERVICE EMPLOYEE BENEFITS DEBT SERVICE TOTAL ESTIMATED EXPENDITURES fill TOTAL APPROPRIATIONS ", ", .., fill 58 B .. .. EDP CODE SS8199~ ~S9099M SS"9799M _M _M FOR THE FISCAL YEAR ENDED 1994 $ 1,021,962 -;-~ ;924'- ---r;;-01,883 2,526,~ TOWN OF WAPPINGER .., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SW) WATER BALANCE SHEET ., DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ASSETS ., TOTAL OTHER RECEIVABLES (NET) $37,899 SW 201 $ 48.294 SW - SW - 37,899' 48.294 8,848 SW 450 5.084 SW - SW - 8,848 5,084 135,270 SW 350 151.194 SW 391- 1,683 SW - 135,270 152.877 CASH IN TIME DEPOSITS TOTAL CASH .., INVESTMENTS IN SECURITIES TOTAL INVESTMENTS WATER RENTS RECEIVABLE DUE FROM OTHER FUNDS ., ." TOTAL ASSETS 182,017 206.255 . . ." .., 59 .., .. .. (SW) WATER BALANCE SHEET DESCRIPTION TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 LIABILITIES AND FUND EQUITY - .. .. FOR THE FISCAL YEAR ENDED 1993 EDP CODE $18,238 SW 600 SW - SW - 18,238" SH~ 18,238 163,779 SW 911 SW - SW - 163,779 S\~..22L 163,779 182,017 60 FOR THE FISCAL YEAR ENDED 1994 $ 5.069 5,069 80,653 80,653 85,722 72.918 72 .918 47.615 47.615 120.533 206.255 TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SW) WATER RESULTS OF OPERATIONS . FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 DETAIL REVENUES AND OTHER SOURCES ., REAL PROPERTY TAXES $374,186 SWI00l $ 384.485 SW~ SW - TOTAL REAL PROPERTY TAXES 374,186 384.485 ., METERED WATER SALES 379,716 SW2140 391.863 UNMETERED WATER SALES 54,740 SW2142 84,337 WATER SERVICE CHARGES 375 SW2144 750 INTEREST & PENALTIES ON WATER ., RENTS 6,542 SW2148 7,609 SW - SW - TOTAL DEPARTMENTAL INCOME 441,373 484,559 ., INTEREST AND EARNINGS 4,700 SW2401 13,891 RENTAL OF REAL PROPERTY, OTHER GOVTS 3,000 SW2410 2,750 SW - SW - TOTAL USE OF MONEY AND ., PROPERTY 7,700 16,641 SALES OF EQUIPMENT 1,500 SW2665 1,700 SW - SW - TOTAL SALE OF PROPERTY ., -AND COMPENSATION FOR LOSS 1,500 1,700 TOTAL ." TOTAL REVENUES 824,759 887,385 INTERFUND TRANSFERS 15,000 SW5031 SW - SW_ TOTAL INTERFUND . TRANSFERS 15,000 61 .. TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (SW) WATER RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES .. TOTAL TOTAL OTHER SOURCES 15,000' .. TOTAL DETAIL REVENUES AND OTHER SOURCES 839,759 ., ., ., ., ., .. 62 .. EDP CODE FOR THE FISCAL YEAR ENDED 1994 $ 887,385 .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SW) WATER RESULTS OF OPERATIONS .. DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE .. DETAIL EXPENDITURES AND OTHER USES BALANCING CODE TOTAL BALANCING CODE .. .. TOTAL GENERAL GOVERNMENT SUPPORT .. WATER ADMINISTRATION, PERS SERV WATER ADMINISTRATION, CONTR EXPEND TOTAL ADMINISTRATION SOURCE SUPPLY PWR & PUMP, CONTR EXPEND .. TOTAL SOURCE OF SUPPLY, POWER AND PUMPING WATER TRANS & DISTRIB, CONTR EXPEND .. TOTAL TRANSMISSION AND DISTRIBUTION .. TOTAL HOME AND COMMUNITY SERVICES ., ., FOR THE FISCAL YEAR ENDED 1994 1 SW1888.4 FOR OSC USE ONLY SW $ 1 SW1888.0 SW SW SW SW SW 1 21,119 SW8310.1 17,831 SW8310.4 SW 38,950 SW8310.0 471,943 SW8320.4 SW 471,943 SW8320.0 6,973 SW8340.4 SW 6,973 SW8340.0 SW SW SW SW SW 517,866 63 21,425 33,726 55,151 479,885 479,885 6,973 6,973 542,009 TOWN OF WAPPINGER ." ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SW) WATER RESULTS OF OPERATIONS ., DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ., DETAIL EXPENDITURES AND OTHER USES SOCIAL SECURITY , EMPL BNFTS $1,310 SW9030.8 $ 1. 329 WORKER'S COMPENSATION, EMPL BNFTS 445 SW9040.8 445 OTHER EMPLOYEE BENEFITS (SPEC) 306 SW9089.8 309 TOTAL EMPLOYEE BENEFITS 2,061 2.083 DEBT PRINCIPAL, SERIAL BONDS 189,975 SW9710.6 190.975 DEBT PRINCIPAL, BOND ANTICIPATION NOTES 20,760 SW9730.6 74.238 TOTAL DEBT PRINCIPAL 210,735 265.213 DEBT INTEREST, SERIAL BONDS 137,910 SW9710.7 78.317 DEBT INTEREST, BOND ANTICIPATION NOTES 9,604 SW9730.7 10.009 TOTAL DEBT INTEREST 147,514 88.326 TRANSFER TO OTHER FUNDS SI~990 1.9 33,000 TOTAL EXPENDITURES 878,177 930.631 TOTAL DETAIL EXPENDITURES AND OTHER USES 878,177 930.631 ., .. ., ., ., ., .. 64 .. TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. (SW) WATER RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY .. FUND EQUITY-BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY-END OF YEAR* $202,197 SW8021 $163,779 839,759 887,385 930,631 120,533 .. 878,177 163,779 SW8029 .. * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEAR(S) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. .. .. .. .. .. 65 .. ~ ' t f. . ,. , ." TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ." (sW) WATER SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 ." ESTIMATED REVENUES AND OTHER SOURCES ., EST REV - REAL PROPERTY TAXES EST REV - USE OF MONEY AND PROPERTY Departmental Income Sales of Property TOTAL ESTIMATED REVENUES ., APPROPRIATED FUND BALANCE TOTAL ESTIMATED OTHER SOURCES ., TOTAL ESTIMATED REVENUES AND OTHER SOURCES ., ., ,." .. 65 A .. EDP CODE SW1049M SW24 9 9M SW~M SW2665 M SW 599M _M _M _M _M ..-' FOR THE FISCAL YEAR ENDED 1994 $ 384.48~ 15,860_ 445.01 q 1,000 846,364 nO,505 130.505_ 976,869_ ( . ,. ~. I C "'\ ( , .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT - FOR THE FISCAL YEAR ENDED 1994 (SW) WATER SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 .. APPROPRIATIONS .. APP - HOME & COMMUNITY:~ERVICE FMPIOYFF RFNFFTTS OFRT SFRVTC:F TOTAL ESTIMATED EXPENDITURES TRANSFERS TO OTHER FUNDS .. TOTAL APPROPRIATIONS - - .. - .. 65 B .. EDP CODE SW8399~ Sw.9..Q9.9. M S W9.29.9. M SW999 M _M FOR THE FISCAL YEAR ENDED 1994 $ 571,430-- 2,310 370,129 941r12-9- - 33,000 97.~_ TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SM) MISCELLANEOUS ., BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 ASSETS ., CASH IN TIME DEPOSITS $1,907 SM 201 $ 20,196 SM - SM - TOTAL CASH 1,907- 20,196 .. TOTAL ASSETS 1,907 20,196 .. .. ., .. ., .. 66 .. TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SM) MISCELLANEOUS BALANCE SHEET till DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 LIABILITIES AND FUND EQUITY till UNRESERVED FUND BALANCE UNAPPROPRIATED $1,907 SM 911 $ SM - SM - TOTAL UNRESERVED FUND ., BALANCE - UNAPPROPRIATED 1,907 APPROPRIATED FUND BALANCE SM~ till TOTAL TOTAL FUND EQUITY 1,907 DUE TO OTHER FUNDS SM~ TOTAL LIABILITIES AND ." FUND EQUITY 1,907 ." ." ., .. 67 .. 2.200 2.200 1.604 3,804 16.392 20.196 .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 "" (SM) MISCELLANEOUS RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 . DETAIL REVENUES AND OTHER SOURCES REAL PROPERTY TAXES SPECIAL ASSESSMENTS .. TOTAL REAL PROPERTY TAXES INTEREST AND EARNINGS .. TOTAL USE OF MONEY AND PROPERTY .. TOTAL TOTAL REVENUES TOTAL DETAIL REVENUES AND OTHER SOURCES ., . ." .. .. EDP CODE $222,948 SM1001 40 SM1030 SM_ SM_ 222,988 1,820 SM2401 SM_ SM_ 1,820 224,808 224,808 68 FOR THE FISCAL YEAR ENDED 1994 $ 230,096 38 230,134 1,847 1,847 231,981 231,981 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (SM) MISCELLANEOUS RESULTS OF OPERATIONS .. DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 DETAIL EXPENDITURES AND OTHER USES .. EDP CODE FOR THE FISCAL YEAR ENDED 1994 230,084 AMBULANCE, CONTR EXPEND $224,135 SM4540.4 $ SM 224,135 SM4540.0 ?3n,084 TOTAL AMBULANCE .. TOTAL HEALTH 224,135 .. TOTAL EXPENDITURES 224,135 TOTAL DETAIL EXPENDITURES AND OTHER USES 224,135 .. .. .. .. ... 69 ... SM SM SM SM SM 230.084 230.084 230.084 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 CSM) MISCELLANEOUS RESULTS OF OPERATIONS .. DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY .. .. FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $1,234 SM8021 $1,907 224,135 1,907 SM8029 231. 981 230.084 3.804 224,808. .. * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEARCS) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. .. .. .. . .. 70 .. TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 '" (SM) MISCELLANEOUS SUMMARY OF FINAL BUDGET AS MODIFIED DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ESTIMATED REVENUES AND OTHER SOURCES '" REAL PROPERTY TAXES $222,988 SMI049M $ USE OF MONEY AND PROPERTY 1,820 SM2499M SM - M SM - M ., TOTAL ESTIMATED REVENUES 224,808 APPROPRIATED FUND BALANCE 0 SM 599M SM - M SM - M '" TOTAL ESTIMATED OTHER SOURCES 0 M M TOTAL ESTIMATED '" REVENUES AND OTHER SOURCES 224,808 '" '" '" .. 71 .. 230.096 - 0 - 230.096 1.604 1.604 231. 700 TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT <III FOR THE FISCAL YEAR ENDED 1994 (SMJ MISCELLANEOUS SUMMARY OF FINAL BUDGET AS MODIFIED ., DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE APPROPRIATIONS ., HEALTH TOTAL ESTIMATED EXPENDITURES <III BUDGETARY PROVISION FOR OTHER USES <III TOTAL ESTIMATED OTHER USES TOTAL APPROPRIATIONS WI ., ., ., WI .. $224,135 SM4999M $ SM _M SM _M 224,135 673 SM 962M SM - M SM - M 673 - M _M 224,808 72 FOR THE FISCAL YEAR ENDED 1994 ?31,700 231.700 ?31,700 ", (H) CAPITAL PROJECTS ., BALANCE SHEET DESCRIPTION ASSETS ., CASH IN TIME DEPOSITS TEMPORARY INVESTMENTS TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 FOR THE FISCAL YEAR ENDED 1993 $2,772,892 TOTAL CASH 2,772,892- ., TOTAL ASSETS 2,772,892 . . . " " . . 73 EDP CODE H201 H~ H_ FOR THE FISCAL YEAR ENDED 1994 $ 919,252 2,780,851 3,700,103 3,700,103 TOTAL TOTAL LIABILITIES 4,278,500 4,498,941 ., UNRESERVED FUND BALANCE UNAPPROPRIATED -1,505,608 H911 -798,838 H - H_ TOTAL UNRESERVED FUND ., BALANCE - UNAPPROPRIATED -1,505,608 -798,838 TOWN OF WAPPINGER ., ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (H) CAPITAL PROJECTS _ BALANCE SHEET DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE LIABILITIES AND FUND EQUITY - ACCOUNTS PAYABLE $147,797 H600 H - H TOTAL ACCOUNTS PAYABLE 147,797' .. RETAINED PERCENTAGES, CONT PAY 147,703 H605 H H - TOTAL RETAINED - PERCENTAGES 147,703 BOND ANTICIPATION NOTES PAYABLE 3,800,000 H626 H H - .. TOTAL NOTES PAYABLE 3,800,000 DUE TO OTHER FUNDS 183,000 H630 H - H - TOTAL DUE TO OTHER - FUNDS 183,000 eo TOTAL TOTAL FUND EQUITY -1,505,608 74 .. FOR THE FISCAL YEAR ENDED 1994 $ 218,068 ?18,068 91,868 91,868 3,951,988 3,951,988 237,017 237,017 -798,838 ., (H) CAPITAL PROJECTS ., BALANCE SHEET DESCRIPTION TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 FOR THE FISCAL YEAR ENDED 1993 LIABILITIES AND FUND EQUITY "'" TOTAL LIABILITIES AND FUND EQUITY 2,772,892' "'" "'" "'" "'" "'" "'" "'" .. 75 EDP CODE FOR THE FISCAL YEAR ENDED 1994 $ 1,700,101 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (H) CAPITAL PROJECTS .. RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 DETAIL REVENUES AND OTHER SOURCES .. CAPITAL PROJECTS-OTHER LOCAL GOVTS $41,250 H2397 H_ H_ $ .. TOTAL INTERGOVERNMENTAL CHARGES 41,250 INTEREST AND EARNINGS CONSTRUCTION EARNINGS 109,213 H2401 H 2405 H_ 99.213 72,189 .. TOTAL USE OF MONEY AND PROPERTY 109,213 171 , 402 BALANCING CODE 1 H4888 H H_ FOR OSC USE ONLY .. TOTAL FEDERAL AID 1 TOTAL TOTAL REVENUES 150,464 171,402 .. INTERFUND TRANSFERS 431,458 H5031 33,000 H - H - TOTAL INTERFUND TRANSFERS 431,458 33,000 . SERIAL BONDS 2,894,289 H5710 2.705.409 BANS REDEEMED FROM APPROPRIATIONS 130,760 H5731 25.714 H - H - . TOTAL PROCEEDS OF OBLIGATIONS 3,025,049 2.731.123 ., TOTAL TOTAL OTHER SOURCES 3,456,507 2.764,123 76 .. .. (H) CAPITAL PROJECTS _ RESULTS OF OPERATIONS DESCRIPTION TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 FOR THE FISCAL YEAR ENDED 1993 DETAIL REVENUES AND OTHER SOURCES - TOTAL DETAIL REVENUES AND OTHER SOURCES 3,606,971' - - - - .. .. "" "" 77 EDP CODE FOR THE FISCAL YEAR ENDED 1994 $ 2,935,525 .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (H) CAPITAL PROJECTS ., RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE DETAIL EXPENDITURES AND OTHER USES ., ENGINEER, EQUIP & CAP OUTLAY OTHER GEN GOVT SUPPORT, EQUIP & CAP OUTLAY ., ATTORNEY INDEPENDENT AUDITOR ., TOTAL GENERAL GOVERNMENT SUPPORT GARAGE, EQUIP & CAP OUTLAY """ TOTAL TRANSPORTATION """ PUBLICITY, EQUIP & CAP OUTLAY DTSMANTAT,. FORMER WELL STTE 'RTTTT ,DTNr, """ TOTAL ECONOMIC ASSISTANCE AND OPPORTUNITY """ SEWER ADMINISTRATION, EQUIP & CAP OUTLAY ., ., FOR THE FISCAL YEAR ENDED 1994 $470,931 H1440.2 $ 359,213 41,386 H1989.2 H1420.2 H1320.2 H H H 512,317 244,771 H5132.2 H H H H H 244,771 156 H6410.2 H3989.2 H1620.2 H H H 156 5,206 H8110.2 78 40,593 4,442 404,248 145,483 145,483 19.080 362.914 381. 994 21. 848 .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (H) CAPITAL PROJECTS RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 .. DETAIL EXPENDITURES AND OTHER USES .. SANITARY SEWERS, EQUIP & CAP OUTLAY SEWAGE TREAT DISP, EQUIP & CAP OUTLAY WATER ADMINISTRATION, EQUIP & CAP OUTLAY SOURCE SUPPLY PWR & PUMP, EQUP & CAP OUTLA DRAINAGE, EQUIP & CAP OUTLAY .. ., TOTAL HOME AND COMMUNITY SERVICES TOTAL EXPENDITURES TRANSFERS, OTHER FUNDS .. TOTAL TRANSFERS TOTAL OTHER USES TOTAL DETAIL EXPENDITURES AND OTHER USES ., .. .. .. $2,197,822 340,971' 75 53,106 172,203 2,769,383 3,526,627 159,000 159,000 159,000 3,685,627 79 EDP CODE FOR THE FISCAL YEAR ENDED 1994 H8120.2 $ 881.278 H8130.2 195.594 H8310.2 346 H8320.2 784 H8540.2 156.894 H H H H H H9901.9 1. 256.744 2.188.469 21. 735 21. 735 21. 735 2.210.204 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (H) CAPITAL PROJECTS .. RESULTS OF OPERATIONS DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE FOR THE FISCAL YEAR ENDED 1994 ANALYSIS OF CHANGES IN FUND EQUITY .. .. FUND EQUITY - BEGINNING OF YEAR* ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES FUND EQUITY - END OF YEAR* $-1,426,952 H8021 $- 1,524,159 3,606,971' 2,935,525 2,210,204 -798,838 3,685,627 -1,505,608 H8029 * TOTAL INCLUDES RESERVED AND UNRESERVED FUND BALANCE IN .. GOVERNMENTAL FUNDS, OR FUND EQUITY FOR PROPRIETARY FUNDS. PRIOR PERIOD ADJUSTMENTS ARE LIMITED TO ADJUSTMENTS ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS RESULTING FROM CHANGES IN ACCOUNTING PRINCIPLES. CORRECTIONS OF ERRORS MUST BE DETAILED BELOW SO THE PROPER ACCOUNTS IN THE PRIOR YEARCS) AUD CAN BE ADJUSTED. IF THESE ADJUSTMENTS ARE NOT DETAILED THEY WILL BE RECORDED AS .. REVENUES OR EXPENDITURES IN THE CURRENT YEAR AND TREATED AS UNSUBSTANTIATED PRIOR PERIOD ADJUSTMENTS. Adjustment to 605 Retained Percentages - Understated in 1993 .. 1993 147703 18551 Adjustment 166254 Adjusted number . Fund Equity: END OF YEAR -1,505,608 -18,551 Adjustedment -1,524,159 Adjusted Fund Balance .. Per 1993 Audit .. 80 .. TOWN OF WAPPINGER . ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (TA) AGENCY ., BALANCE SHEET DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 EDP CODE ASSETS ., TIME DEPOSITS $378,015 TA 201 T A---2.QQ. TA_ TOTAL CASH 378,015 . TA 391 DUE FROM OTHER FUNDS TOTAL TOTAL ASSETS 378,015 ., TOTAL ASSETS 378,015 ., ., ., ., WI 81 .. FOR THE FISCAL YEAR ENDED 1994 $ 382.965 (8) 382.957 2,475 385,432 385,432 TOWN OF WAPPINGER .. ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (TA) AGENCY .. BALANCE SHEET FOR THE FISCAL EDP FOR THE FISCAL DESCRIPTION YEAR ENDED 1993 CODE YEAR ENDED 1994 LIABILITIES ., GUARANTY & BID DEPOSITS $191,699 TA 30 $ 211.646 OTHER FUNDS (SPECIFY) 186,316 TA 85 171.311 TA - TA - .. TOTAL AGENCY LIABILITIES 378,015 382.957 RETAINAGE TA 32 2,475 TOTAL .. TOTAL LIABILITIES 378,015 385 t 432 TOTAL LIABILITIES AND FUND EQUITY 378,015 385,432 .. .. ., .. .. 82 .. .. TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (K) GENERAL FIXED ASSETS BALANCE SHEET DESCRIPTION ASSETS ., .. LAND BUILDINGS IMPROVEMENTS OTHER THAN BUILDINGS MACHINERY & EQUIPMENT TOTAL FIXED ASSETS (NET) ., TOTAL FIXED ASSETS (NET) .. TOTAL ASSETS .. .. ., ." .. FOR THE FISCAL YEAR ENDED 1993 EDP CODE $5,106,650 KI0l 4,394,164 KI02 2,447,426. K103 1,973,175 KI04 K_ K_ 13,921,415 13,921,415 13,921,415 83 FOR THE FISCAL YEAR ENDED 1994 $ 5.106.650 4.395.313 2.775.072 2.190.207 14.467.242 14.467.242 14.467.242 ., TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 (K) GENERAL FIXED ASSETS BALANCE SHEET .. DESCRIPTION FOR THE FISCAL YEAR ENDED 1993 .. INVESTMENT IN GENERAL FIXED ASSETS INVEST GENERAL FXD ASSETS-OTHER ., TOTAL INVESTMENTS IN FIXED ASSETS TOTAL INVESTMENTS IN FIXED ASSETS .. TOTAL INVESTMENT IN GENERAL FIXED ASSETS .. .. ., .. ., .. $13,921,415 13,921,415 13,921,415 13,921,415 84 EDP CODE K158 K_ K_ FOR THE FISCAL YEAR ENDED 1994 $ 14.467.242 14.467,242 14.467.242 14.467.242 . . ., TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 .. (W) GENERAL LONG-TERM DEBT BALANCE SHEET DESCRIPTION ASSETS ., AMTS TO BE PROV FOR LONG-TERM ., TOTAL PROVISION TO BE MADE IN FUTURE BUDGETS ., TOTAL TOTAL ASSETS TOTAL ASSETS ., ., ., ., .. .. FOR THE FISCAL YEAR ENDED 1993 $14,448,157 14,448,157 14,448,157 14,448,157 85 EDP CODE W125 W_ W_ FOR THE FISCAL YEAR ENDED 1994 $ 23,282,566 23,282,566 23,282,566 23,282,566 . TOWN OF WAPPINGER ANNUAL UPDATE DOCUMENT FOR THE FISCAL YEAR ENDED 1994 ., (W) GENERAL LONG-TERM DEBT BALANCE SHEET DESCRIPTION LIABILITIES ,. JUDGMENTS AND CLAIMS PAYABLE COMPENSATED ABSENCES .. TOTAL OTHER LIABILITIES BONDS PAYABLE .. TOTAL BOND AND LONG TERM LIABILITIES TOTAL TOTAL LIABILITIES II' TOTAL LIABILITIES AND FUND EQUITY .. .. , .. .. FOR THE FISCAL YEAR ENDED 1993 $60,000 458,157 518,157 13,930,000 13,930,000 14,448,157 14,448,157 86 EDP CODE W686 W687 W_ W_ W628 W_ W_ FOR THE FISCAL YEAR ENDED 1994 $ - 0 - 230,780 23,051,786 23,282,566 23,282,566 N/A ., STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT TAX ANTICIPATION NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT ., TAX ANTICIPATION NOTE NO. 1 .. MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18611 $ 2P18613 $ 2P18615 $ OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE '2P18617 $ - TAX ANTICIPATION NOTE NO.2 .. MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18611 $ 2P18613 $ 2P18615 $ .. OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18617 $ TAX ANTICIPATION NOTE NO. 3 .. MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18611 $ 2P18613 $ 2P18615 $ .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18617 $ TOTAL TAX ANTICIPATION NOTES AMOUNT .. OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR $ $ $ $ .. 88 - NjA STATEMENT OF INDEBTEDNESS . WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT REVENUE ANTICIPATION NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT . REVENUE ANTICIPATION NOTE NO. 1 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR 2P1862l $ . ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18623 $ PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18625 $ IOUTSTANDING END OF FISCAL YEAR '2P18627 $ . IFINAL MATURITY DATE I IREVENUE ANTICIPATION NOTE NO. 2 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE . IOUTSTANDING BEGINNING OF YEAR 2P1862l $ IISSUED DURING FISCAL YEAR I (DO NOT INCLUDE RENEWALS HERE) 2P18623 $ /PAID DURING FISCAL YEAR / (DO NOT INCLUDE RENEWALS HERE) 2P18625 $ . OUTSTANDING END OF FISCAL YEAR 2P18627 $ FINAL MATURITY DATE REVENUE ANTICIPATION NOTE NO. 3 MONTH AND YEAR OF ISSUE ., CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR 2P1862l $ ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18623 $ PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18625 $ . /OUTSTANDING END OF FISCAL YEAR 2P18627 $ IFINAL MATURITY DATE / TOTAL REVENUE ANTICIPATION NOTES AMOUNT .. OUTSTANDING BEGINNING OF YEAR $ ISSUED DURING FISCAL YEAR $ PAID DURING FISCAL YEAR $ OUTSTANDING END OF FISCAL YEAR $ . 89 . N/A . STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BUDGET NOTES . LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT BUDGET NOTE NO. 1 . MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR CDO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR CDO NOT INCLUDE RENEWALS HERE) 2P18631 $ 2P18633 $ 2P18635 $ . OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18637 $ BUDGET NOTE NO.2 . MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR CDO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR CDO NOT INCLUDE RENEWALS HERE) 2P18631 $ 2P18633 $ 2P18635 $ . OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18637 $ BUDGET NOTE NO. 3 . MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR CDO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR CDO NOT INCLUDE RENEWALS HERE) 2P18631 $ 2P18633 $ . 2P18635 $ 10UTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I TOTAL BUDGET NOTES 2P18637 $ AMOUNT . OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR $ $ $ $ . 90 . - STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT N/A CAPITAL NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT - CAPITAL NOTE NO. 1 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) . $ $ $ . OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P4 57 $ CAPITAL NOTE NO. 2 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) . $ $ $ . OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P4 57 $ CAPITAL NOTE NO. 3 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) . $ $ . $ 10UTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P4 57 $ , TOTAL CAPITAL NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR 2P18651 2?18653 2P18655 2P18657 . 91 . ,., STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT ., ~OND ANTICIPATION NOTE NO. 1 ., MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR <DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR <DO NOT INCLUDE RENEWALS HERE) 7-15-93 2.50% $ 3.800.000 $ .. OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P4 67 $ 3.800.000 $ - 0 - 1-17-94 BOND ANTICIPATION NOTE NO.2 ., MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR <DO NOT INCLUDE RENEWALS HERE) 1-14-94 2.70% $ - 0 - ., OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P4 67 $ 3.800.000 $ 3.800.000 $ - 0 - 7-15-94 BOND ANTICIPATION NOTE NO. 3 ., MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR <DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR <DO NOT INCLUDE RENEWALS HERE) 7-14-94 3.8% $ . $2...52~ .onn $. - n - ., IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P4 67 $ 2 ~l)?!) JllliL-1 7-'4-q~ I I ., .. 92 .. ", STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT ", BOND ANTICIPATION NOTE NO. 4 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 6-24-94 - 0 - II' $ II' OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P4 67 $4,975,377 $ 4,975,377 $ - 0 - 12-15-94 BOND ANTICIPATION NOTE NO. 5 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) ., $ $ $ ., OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P4 67 $ BOND ANTICIPATION NOTE NO. 6 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) .. $ $ .. $ 10UTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I TOTAL BOND ANTICIPATION NOTES 2P4 67 $ AMOUNT .. .. OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR *** BOND ANTICIPATION NOTES REDEEMED FROM BOND PROCEEDS DURING FISCAL YEAR $4,975,377 State Revolving Fund Short Term loan Term Financing 12/15/94 2P18661 2P18663 2P18665 2P18667 $ 3,800,000 $1.1. 300.377 $1.2.575.377 $ 2.525.000 2P 18885 $ 197.298 paid by State Revolving Fund Long 93 .. .. STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS WATER/SEWER ., I ILIST SEPARATELY BY DATE OF ISSUE I I BOND NO. 1 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE AMOUNT 9171 5.00/0 2P18671 $ :iq,fiOO 2P18673 $ 2P18675 $ fi,fiOO 2P18677 $ :n ,000 q/qq f/I . IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.2 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2/73 5.00/0 2P18671 $ :i0,000 2P18673 $ 2P18675 $ :i,OOO 2P18677 $ ?7,OOO ?/?om II .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.3 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF 'YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 3/74 2P18671 $ 355.000 2P18673 $ 5.80% 2P18675 $ 35.500 2P18677 $ 319.500 3/2003 II' ., IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.4 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR , 2P18671 2P18673 2P18675 5/77 5. 375~s $ 2.313.000 $ $ 210.000 $ 2.103.000 5/2004 IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18677 . 94 . "" STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS "" I ILIST SEPARATELY BY DATE OF ISSUE I IBOND NO.5 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE AMOUNT ." ., IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.6 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18677 5/78 6.10% $ 174,250 $ $ 34,850 $ 139,400 5/98 2P18671 2P18673 2P18675 ., IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.7 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18677 12/85 7.750% $ 341,600 $ $ 21,050 $ 320,550 12/2005 ., 2P18671 2P18673 2P18675 IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18677 5/87 6.30% $ 229,800 $ $ 27,000 $ 202,800 5/2002 2P18671 2P18673 2P18675 ., "" TOTAL BONDS AMOUNT OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR $ $ $ $ ." ., 95 .. .. STATEMENT OF INDEBTEDNESS WATER AND OTHER PURPOSES EXEMPT FROM CONSTITUTIONAL DEBT lIMIT BONDS .. I ILIST SEPARATELY BY DATE OF ISSUE I I BOND NO. 8 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE ., 2P18671 2P18673 2P18675 IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I . I BOND NO. 9 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR · IPAID DURING FISCAL YEAR 2P18677 2P18671 2P18673 2P18675 11/92 3.0% $6,010,000 $ $ 250,000 $ 5,760,000 12/2012 IOUTSTANDING END OF FISCAL YEAR IFINAl MATURITY DATE I I BOND NO. 10 . I IMONTH AND YEAR OF ISSUE /CURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18677 12/94 5.635% .. 2P18671 2P18673 2P18675 $ $ 8,519,786 $ IOUTSTANDING END OF FISCAL YEAR IFINAl MATURITY DATE I 2P18677 $8,519,786 12/2004 TOTAL BONDS AMOUNT , OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR $10,693,650 $ 8,519,786 $ 666,400 $18,5~.7 ,036 , , 95 A II' . STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT CAPITAL NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT . CAPITAL NOTE NO. 1 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) . 2P18751 $ 2P18753 $ 2P18755 $ . OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18757 $ CAPITAL NOTE NO. 2 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) . 2P18751 $ 2P18753 $ 2P18755 $ . OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18757 $ CAPITAL NOTE NO. 3 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) . 2P18751 $ 2P18753 $ . 2P18755 $ 10UTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I TOTAL CAPITAL NOTES 2P18757 $ AMOUNT , OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAIn DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR $ $ $ $ . 96 , , , - STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES . LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT BOND ANTICIPATION NOTE NO. 1 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) ", 2P18761 $ 2P18763 $ .. 2P18765 $ OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18767 $ BOND ANTICIPATION NOTE NO.2 II' MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18761 $ 2P18763 $ II' 2P18765 $ OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18767 $ BOND ANTICIPATION NOTE NO. 3 . MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18761 $ .. 2P18763 $ 2P18765 $ IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18767 $ .. . 97 . .. STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BOND ANTICIPATION NOTES LIST SEPARATELY BY DATE OF ISSUE EDPCODE AMOUNT .. BOND ANTICIPATION NOTE NO. 4 .. MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) 2P18761 $ 2P18763 $ 2P18765 $ .. OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18767 $ BOND ANTICIPATION NOTE NO. 5 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) .. 2P18761 $ 2P18763 $ 2P18765 $ .. OUTSTANDING END OF FISCAL YEAR FINAL MATURITY DATE 2P18767 $ BOND ANTICIPATION NOTE NO. 6 MONTH AND YEAR OF ISSUE CURRENT INTEREST RATE OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) PAID DURING FISCAL YEAR (DO NOT INCLUDE RENEWALS HERE) .. 2P18761 $ 2P18763 $ ., 2P18765 $ 10UTSTANDING END OF FISCAL YEAR IFINAl MATURITY DATE I 2P18767 $ " TOTAL BOND ANTICIPATION NOTES AMOUNT OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR *** BOND ANTICIPATION NOTES REDEEMED . FROM BOND PROCEEDS DURING FISCAL YEAR $ $ $ $ 2P18885 $ 98 . .. STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS ." I ILIST SEPARATELY BY DATE OF ISSUE I I BOND NO. 1 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE AMOUNT 2P18771 2P18773 2P18775 9/71 5.0% $ 260,400 $ $ 43,400 $ 217,000 3/99 ." .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.2 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18777 2P18771 2P18773 2P18775 3/74 5.80% $ 145,000 $ $ 14,500 $ 130,500 3/2003 .. ." IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.3 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18777 ." 2P18771 2P18773 2P18775 5/77 5.375% $ 162,000 $ $ 15,000 $ 147,000 5/2004 .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.4 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18777 .. 2P18771 2P18773 2P18775 5/78 6.10% $ 75,750 $ $ 15,150 IO~TSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18777 $ 60,600 5/98 . 99 - .. STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS .. I ILIST SEPARATELY BY DATE OF ISSUE I IBOND NO.5 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE AMOUNT 12/85 7.750% 2P18771 $ 468,400 2P18773 $ 2P18775 $ 28,950 2P18777 $ 439,450 6/2005 .. .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.6 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 5/87 6.30% 2P18771 $ 115,200 2P18773 $ 2P18775 $ 18,000 2P18777 $ 97,200 5/2002 .. .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO.7 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR fill 2P18771 2P18773 2P18775 8/91 6.50% $ 2,009,600 $ $ 96,600 $ 1,913,000 8/2011 IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18777 ., TOTAL BONDS AMOUNT OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR $ $ $ $ .. ., 100 . .. STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT BONDS .. I ILIST SEPARATELY BY DATE OF ISSUE I I BOND NO. 8 I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST'RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE AMOUNT ]0/94 6.0% .. 2P18771 2P18773 2P18775 $ $1.500.000 $ .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO. I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18777 $1. 500 ,000 .. 2P18771 2P18773 2P18775 $ $ $ .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I IBOND NO. I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR 2P18777 $ .. 2P18771 2P18773 2P18775 $ $ $ IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18777 $ .. TOTAL BONDS OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR OUTSTANDING END OF FISCAL YEAR AMOUNT $3,236,350 $1,500,000 $ 231,600 $4,!l04,/!lO .. .. 100 A .. .. STATEMENT OF INDEBTEDNESS INDEBTEDNESS NOT EXEMPT FROM CONSTITUTIONAL DEBT LIMIT STATE OR AUTHORITY LOANS .. ., I ISTATE OR AUTHORITY LOANS I IMONTH AND YEAR OF ISSUE ICURRENT INTEREST RATE IOUTSTANDING BEGINNING OF YEAR IISSUED DURING FISCAL YEAR IPAID DURING FISCAL YEAR EDPCODE AMOUNT 2P18791 2P18793 2P18795 $ $ $ .. IOUTSTANDING END OF FISCAL YEAR IFINAL MATURITY DATE I 2P18797 $ .. ************************************************************************** ************************************************************************** .. TOTAL OF ALL INDEBTEDNESS INCLUDES TOTAL OF ALL BONDS AND NOTES - EXEMPT AND NOT EXEMPT OUTSTANDING BEGINNING OF YEAR ISSUED DURING FISCAL YEAR PAID DURING FISCAL YEAR . OUTSTANDING END OF FISCAL YEAR $ 13.930.000 $ 10.019.786 $ 898.000 $ 23.051.786 ., .. .. 101 .. .. INDEBTEDNESS BY PURPOSE OSC DATA ENTRY DO NOT KEY FOR CAPITAL NOTES AND BOND ANTICIPATION NOTES EXEMPT FROM CONSTITUTIONAL DEBT LIMIT .. BREAKDOWN OF OUTSTANDING BALANCE BY PURPOSE .. SANITARY SEWER 81 2,165,214 .. .. ., ., WATER 83 359.786 TAX INCREMENT FINANCING 20 OTHER (PLEASE SPECIFY> I EXEMPT FROM DEBT LIMIT 2.525.000 DATE OF ISSUE OR LATEST RENEWAL MONTH/YR 7/94 ., FOR EACH OF THE OUTSTANDING NON-CHARGEABLE BOND ANTICIPATION NOTES AND CAPITAL NOTES, PLEASE PUT THE OUTSTANDING AMOUNTS UNDER THE APPROPRIATE COLUMN HEADINGS. THESE AMOUNTS MUST BE IN WHOLE DOLLARS ONLY ., .. .. 102 ., MATURITY SCHEDULE USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR ., PURPOSE OF ISSUE EDPCODE FOR STATE COMPTROLLER 2P3CE USE ONLY ., TOTAL PRINCIPAL 2P3PR DATE OF ISSUE INTEREST RATE <IN DECIMALS) ., MONTH, DAY AND YEAR OF FINAL MATURITY - AMOUNT OF PRINCIPAL REDEEMED IN OR TO BE REDEEMED IN FISCAL YEAR ENDING IN (THE LAST TWO DIGITS OF THE EDP CODE CORRESPOND TO THE FISCAL YEAR ENDED) - - - - .. .. 2P3DT 2P3PC 2P3DM 2P394 2P395 2P396 2P397 2P398 2P399 2P300 2P301 2P302 2P303 2P304 2P305 2P306 2P307 2P308 2P309 2P310 2P311 Construct Building 1. 500.000 10/1/94 .006 10/1/2014 4.0 , ooa 45.0rJ;) 45.000 50.000 50.000 55.000 60.000 60.000 65.000 70.000 75.000 75.000 80.000 85.000 90.000 100.000 105.000 103 Sewer 8.519.786 12/15/94 . .005635 5/15/2014 294.786 315.000 350.000 355.000 360.000 370.000 380.000 390.000 400.000 410.000 420.000 435.000 450.000 460.000 475.000 495.000 510.000 .. MATURITY SCHEDULE USE ONLY FOR BONDS ISSUED DURING THE FISCAL YEAR (CONTINUED) .. ." AMOUNT OF PRINCIPAL REDEEMED IN OR TO BE REDEEMED IN FISCAL YEAR ENDING IN (THE LAST TWO DIGITS OF THE EDP CODE CORRESPOND TO THE FISCAL YEAR ENDED) .. ., ., ." ., ." .. .. 2P312 110.000 530.000 2P313 115.000 550.000 2P314 125.000 570.000 2P315 2P316 2P317 2P318 2P319 2P320 2P321 2P322 2P323 2P324 2P325 2P326 2P327 2P328 2P329 2P330 2P331 2P332 2P333 2P334 EDPCODE TOTAL 104 NjA - TOWN OF WAPPINGER STATEMENT OF INDEBTEDNESS SCHEDULE FOR REPORTING VARIABLE RATE, DISCOUNTED, AND/OR NEGOTIATED BONDS & NOTES (PLEASE COMPLETE A SEPARATE SCHEDULE FOR EACH DEBT ISSUE) FISCAL YEAR ENDED 1994 ONLY .. CCODE EDP CODE AMOUNT .. TYPE OF DEBT INSTRUMENT: PLEASE ENTER 1 FOR A BOND, 2 FOR A BOND ANTICIPATION NOTE, OR 3 FOR OTHER NOTES. 6PKOD AMOUNT OF ISSUE 6PPR $ .. WAS THIS ISSUE SOLD COMPETITIVELY OR THROUGH NEGOTIATED SALE? PLEASE ENTER 1 IF SOLD COMPETITIVELY, 2 IF NEGOTIATED SALE. 6PTOS CREDIT RATING .. WHICH ORGANIZATION RATED THE ISSUE? PURPOSE OF ISSUE 6PDT _/_/- 6PDM _/_/- 6PPU 6PPOI 6PTIR 6PIR Y. 6PPV $ 6PAI $ 6PSTP $ 6POID $ 6PUD $ 6PLC $ 6PLF $ 6POCI $ 6PTC $ 6PNP $ DATE OF ISSUE MONTH, DAY AND YEAR OF FINAL MATURITY .. LOCAL FINANCE LAW SECTION 11 SUBSECTION AUTHORIZING ISSUANCE - TYPE OF INTEREST RATE: PLEASE ENTER 1 IF FIXED, 2 IF VARIABLE, 3 IF SOLD AT DISCOUNT. INTEREST RATE ON DATE OF ISSUE PAR VALUE .. PREMIUM AND ACCRUED INTEREST AMOUNT OF SALE/TOTAL PROCEEDS LESS: COST OF ISSUANCE .. ORIGINAL ISSUE DISCOUNT UNDERWRITERS DISCOUNT LETTER OF CREDIT LIQUIDITY FACILITY OTHER COSTS OF ISSUANCE TOTAL COSTS OF ISSUANCE .. NET PROCEEDS AVAILABLE FOR PURPOSE OF ISSUE 105 .. . . NjA "" TOWN OF WAPPINGER SCHEDULE FOR REPORTING ALL INSTALLMENT PURCHASE CONTRACTS/CERTIFICATES OF PARTICIPATION (COPS) (COMPLETE A SEPARATE SET OF FORMS FOR EACH TRANSACTION) FISCAL YEAR ENDED 1994 ONLY ., PURCHASE CONTRACTS CCODE EDPCODE AMOUNT PURPOSE (IDENTIFY CAPITAL IMPROVEMENT/PURCHASE) 3PPIO .. NAME OF VENDOR PLEASE ENTER 1 IF THE CONTRACT WAS FINANCED BY VENDOR FINANCING OR ENTER 2 IF NON-VENDOR THIRD PARTY FINANCING WAS UTILIZED. 3PVEND COST OF CAPITAL IMPROVEMENT (EXCLUDING FINANCING COST) 3PCCI $ DATE OF CONTRACT 3PDC _/_/- ., DATE OF FIRST PAYMENT ON CONTRACT 3PFP _/ _/- DATE OF LAST PAYMENT ON CONTRACT 3PLP _/ _/- FINANCING TERMS "" DOWNPAYMENT 3PDP $ INTEREST RATE SET FORTH IN INSTALLMENT PURCHASE CONTRACT 3PIPIR % III TOTAL PRINCIPAL AMOUNT OF INSTALLMENT PURCHASE CONTRACT (EXCLUDING INTEREST) 3PAIPC $ AMOUNT OF CURRENT YEAR PRINCIPAL PAYMENT ON CONTRACT 3PCYPP $ (PLEASE COMPLETE AN AMORTIZATION SCHEDULE ON THE FOLLOWING PAGE FOR EACH INSTALLMENT PURCHASE CONTRACT.) ", TOTAL AMOUNT OF UNPAID PERIODIC PAYMENTS (EXCLUDING INTEREST) OUTSTANDING AT THE END OF THE CURRENT YEAR 3PUPP $ LENGTH OF THE INSTALLMENT PURCHASE CONTRACT 3PLIPC YRS CERTIFICATES OF PARTICIPATION (COPS) ", ------------------------------------ WERE COPS ISSUED IN CONNECTION WITH THIS INSTALLMENT PURCHASE CONTRACT? (PLEASE ENTER 1 IF YES, 2 IF NO.) 3PCOPS IF COPS WERE ISSUED, WERE THEY SOLD AT A COMPETITIVE OR NEGOTIATED SALE? (PLEASE ENTER 1 IF COMPETITIVE, 2 IF NEGOTIATED.) 3PCOPCN . NAME OF ISSUER OF COPS 3PCOPNM AMOUNT OF COPS ISSUED 3PCOPPR $ . NET INTEREST RATE FOR COPS 3PCOPIR % WAS THIS AN AGGREGATED OR POOLED ARRANGEMENT? (PLEASE ENTER 1 IF AGGREGATED, 2 IF POOLED, OR 3 IF NEITHER.) 106 3PCOPAP .. N/A "" TOWN OF WAPPINGER AMORTIZATION SCHEDULE FOR INSTALLMENT PURCHASE CONTRACTS AMOUNT OF PRINCIPAL TO BE REDEEMED IN (THE LAST TWO YEARS OF THE EDP CODE CORRESPOND TO THE FISCAL YEAR END) ., ., CCODE CCODE EDPCODE PRINCiPAL AMOUNT DUE EDPCODE PRINCIPAL AMOUNT DUE ------- -------------------- ------- -------------------- ,. 3P94 3P09 3P95 3PIO 3P96 3Pll "" 3P97 3P12 3P98 3P13 3P99 3P14 ", 3POO 3P15 3POl 3P16 3P02 3P17 ", 3P03 3P18 3P04 3P19 3P05 3P20 ", 3P06 3P21 3P07 3P22 3P08 3P23 ., ., 107 .. SCHEDULE OF SECURITIES FOR COLLATERALIZATION ,., GENERAL MUNICIPAL LAW SECTION 10 AS AMENDED BY CHAPTER 708 LAWS OF 1992 LISTS ELEVEN TYPES OF SECURITIES WHICH MAY BE PLEDGED FOR COLLATERALIZATION. PLEASE PUT A 1 IN THE RESPONSE COLUMN ON THE LINE(S) NEXT TO TO THE TYPE(S) OF SECURITIES USED BY BANKS AS COLLATERAL FOR YOUR DEPOSITS. ., ELIGIBLE SECURITIES EDPCODE ., 1. OBLIGATIONS ISSUED BY THE UNITED STATES OF 9ZSECOl AMERICA, AN AGENCY THEREOF OR A UNITED STATES SPONSORED CORPORATION OR OBLIGATIONS FULLY INSURED OR GUARANTEED AS TO THE PAYMENT OF PRINCIPAL AND INTEREST BY THE UNITED STATES OF AMERICA, AN AGENCY THEREOF OR A UNITED STATES GOVERNMENT SPONSORED CORPORATION. .. .. 2. OBLIGATIONS ISSUED OR FULLY GUARANTEED BY THE 9ZSEC02 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT, THE INTER-AMERICAN DEVELOPMENT BANK, THE ASIAN DEVELOPMENT BANK, AND THE AFRICAN DEVELOPMENT BANK. ., 3. OBLIGATIONS PARTIALLY INSURED OR GUARANTEED BY 9ZSEC03 ANY AGENCY OF THE UNITED STATES OF AMERICA, AT A PROPORTION OF THE MARKET VALUE OF THE OBLIGATION THAT REPRESENTS THE AMOUNT OF THE INSURANCE OR GUARANTY. ., 4. OBLIGATIONS ISSUED OR FULLY INSURED OR GUARANTEED BY THIS STATE, OBLIGATIONS BY A MUNICIPAL CORPORATION, SCHOOL DISTRICT OR DISTRICT CORPORATION .OF THIS STATE OR OBLIGATIONS OF ANY PUBLIC BENEFIT CORPORATION WHICH UNDER A SPECIFIC STATE STATUTE MAY BE ACCEPTED AS SECURITY FOR DEPOSIT OF PUBLIC MONEYS. 9ZSEC04 ." 5. OBLIGATIONS ISSUED BY STATES (OTHER THAN THIS 9ZSEC05 STATE) OF THE UNITED STATES RATED IN ONE OF THE THREE HIGHEST RATING CATEGORIES BY AT LEAST ONE NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION. ., 6. OBLIGATIONS OF PUERTO RICO RATED IN ONE OF 9ZSEC06 THREE HIGHEST RATINGS CATEGORIES BY AT LEAST ONE NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION. ., 108 .. RESPONSE 1 1 . , SCHEDULE OF SECURITIES FOR COLLATERALIZATION ., ELIGIBLE SECURITIES EDPCODE ., 7. OBLIGATIONS OF COUNTIES, CITIES, AND OTHER 9ZSEC07 GOVERNMENTAL ENTITIES OF ANOTHER STATE HAVING THE POWER TO LEVY TAXES THAT ARE BACKED BY THE FULL FAITH AND CREDIT OF SUCH GOVERNMENTAL ENTITY AND RATED IN ONE OF THE THREE HIGHEST RATING CATEGORIES BY AT LEAST ONE NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION. .. 8. OBLIGATIONS OF DOMESTIC CORPORATIONS RATED IN 9ZSEC08 ONE OF THE TWO HIGHEST RATING CATEGORIES BY AT LEAST ONE NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION. .. .. 9. ANY MORTGAGE RELATED SECURITIES, AS DEFINED IN 9ZSEC09 THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, WHICH MAY BE PURCHASED BY BANKS UNDER THE LIMITATIONS ESTABLISHED BY FEDERAL BANK REGULATORY AGENCIES. .. 10. COMMERCIAL PAPER AND BANKERS' ACCEPTANCES 9ZSECI0 ISSUED BY A BANK (OTHER THAN THE BANK WITH WHICH THE MONEY IS BEING DEPOSITED OR INVESTED) RATED IN THE HIGHEST SHORT-TERM CATEGORY BY AT LEAST ONE NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATION AND HAVING MATURITIES OF NOT LONGER THAN SIXTY DAYS FROM THE DATE THEY ARE PLEDGED. .. 11. ZERO-COUPON OBLIGATIONS OF TEH UNITED STATES 9ZSECll GOVERNMENT MARKETED AS "TREASURY STRIPS." 12. LETTERS OF CREDIT 9ZSEC12 13. SURETY BONDS 9ZSEC13 ., .. .. 109 .. RESPONSE SCHEDULE OF TIME DEPOSITS AND INVESTMENTS ., OTHER THAN RESERVE FUNDS CASH: .. ON HAND DEMAND DEPOSITS TIME DEPOSITS TOTAL ., COLLATERAL: - FDIC INSURANCE SECURITIES LOCATED: .. (1) IN POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER ., INVESTMENTS: - SECURITIES (450) *BOOK VALUE (COST) ., *MARKET VALUE AT BALANCE SHEET DATE *SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY ., (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER - REPURCHASE AGREEMENTS (451) ., *BOOK VALUE (COST) *MARKET VALUE AT BALANCE SHEET DATE *SECURITIES LOCATED: ., (1) IN POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER .. 110 .. EDPCODE 9Z2001 9Z2021 9Z2011 9Z2014 9Z2014A 9Z2014B 9Z2014C 9Z4501 9Z4502 9Z4504A 9Z4504B 9Z4504C 9Z4511 9Z4512 9Z4514A 9Z4514B 9Z4514C AMOUNT 1,251 1,680,382 1,681,633 100,000 2,622,562 4.857.481 4.962.157 7.751,333 SCHEDULE OF TIME DEPOSITS AND INVESTMENTS ", RESERVE FUNDS CASH (ALL RESERVE FUNDS): .. ON HAND DEMAND DEPOSITS TIME DEPOSITS TOTAL ., COLLATERAL: - FDIC INSURANCE - SECURITIES LOCATED: .. (1) IN POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER .. INVESTMENTS (ALL RESERVE FUNDS) - SECURITIES (450) *BOOK VALUE (COST) .. *MARKET VALUE AT BALANCE SHEET DATE *SECURITIES LOCATED: (1) IN POSSESSION OF MUNICIPALITY .. (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER - REPURCHASE AGREEMENTS (ALL RESERVE FUNDS) (451) ., *BOOK VALUE (COST) *MARKET VALUE AT BALANCE SHEET DATE *SECURITIES LOCATED: .. (1) POSSESSION OF MUNICIPALITY (2) HELD BY THIRD PARTY CUSTODIAL BANK (3) HELD BY TRADING COUNTER PARTNER .. III .. EDPCODE 9Z2301 9Z2311 9Z2321 9Z2324 9Z2324A 9Z2324B 9Z2324C 9Z4521 9Z4522 9Z4524A 9Z4524B 9Z4524C 9Z4531 9Z4532 9Z4534A 9Z4534B 9Z4534C N/A AMOUNT ."1 n THIS FORM MUST BE COMPLETED UNLESS THESE FINANCIAL . STATEMENTS WILL BE AUDITED BY AN INDEPENDENT PUBLIC ACCOUNTANT. BANK RECONCILIATION INCLUDE ALL CHECKING, SAVINGS AND C.D. ACCOUNTS ." BANK ACCOUNT NUMBER ." ." ." ." ." BANK BALANCE TOTAL ADJUSTED BANK BALANCE PETTY CASH .. ADJUSTMENTS (SPECIFY) TOTAL CASH .. ADD: DEPOSITS IN TRANSIT TOTAL CASH BALANCE ALL FUNDS .. * MUST BE EQUAL .. 112 LESS: OUTSTANDING CHECKS EDP CODE 9ZCASH 9ZCASHB ADJUSTED BANK BALANCE * * ANALYSIS OF UNCOLLECTED TAXES AND OTHER ITEMS - BY YEAR .. A300 A320 A330 A_ TAXES RE- TAX SALE PROPERTY OTHER CEIVABLES CERTIFI- ACQUIRED PENDING CATES FOR TAXES TOTAL CURRENT YEAR 19 - $ $ $ $ $ .. PRIOR YEARS: $ $ $ $ $ TOTAL $ $ $ $ $ ., REAL PROPERTY TAX LEVY AND RELATED INFORMATION CURRENT YEAR TAX LEVY AND COLLECTIONS .. COUNTIES, CITIES, VILLAGES, AND WESTCHESTER COUNTY TOWNS TAXES ON ROLL ADD:RELEVIED TAXES $ $ 5.676.600 110 .167 28 5.786.795 .. ADD:OTHER E.D.P. BREAKAGE $ TOTAL TAXES AND ~THER ITEMS ON WARRANT $ DEDUCT:CANCELLATIONS AND ADJUSTMENTS ( DEDUCT:OTHER ( ) ) "" TOTAL TAXES AND OTHER ITEMS TO BE COLLECTED $ 5.786.795 (B) DEDUCT TOTAL TAXES AND OTHER ITEMS ACTUALLY COLLECTED ( ) (A) ., - 0 - $ UNCOLLECTED TAXES AND OTHER ITEMS .. TAX COLLECTION PERFORMANCE (A DIVIDED BY B) NEAREST HUNDREDTH PERCENT ., .. 113 "" AMOUNT 100 .~ TOWN OF WAPPINGER .. LOCAL GOVERNMENT QUESTIONNAIRE ., ,. 1. WILL OR HAVE THE FINANCIAL STATEMENTS FOR YOUR LOCAL GOVERNMENT BE INDEPENDENTLY AUDITED? (IF YES ENTER 1, IF NO ENTER 2) ., 2. IF THE ANSWER TO QUESTION 1 ABOVE IS YES, PLEASE COMPLETE THE FOLLOWING: EDP CODE RESPONSE 9ZACO NAME OF AUDITING FIRM SEDORE, O'SULLIVAN, LETTERIO 9ZIAC AND BARSCHI ., ADDRESS OF AUDITING FIRM STREET 62 East Main Street CITY Wappi ngers Falls ., STATE AND ZIP CODE New York 12590 ., 3. DOES YOUR LOCAL GOVERNMENT PARTICIPATE IN AN INSURANCE POOL WITH OTHER LOCAL GOVERNMENT? (IF YES ENTER 1, IF NO ENTER 2) 4. IF THE ANSWER TO QUESTION 3 ABOVE IS YES, PLEASE COMPLETE THE FOLLOWING: ., 9ZLY31 NAME OF POOL RISK MANAGEMENT -- DUTCHESS COUNTY WORKERS COMPENSATION TYPE OF INSURANCE ., ., 114 ., 1 1 . TOWN OF WAPPINGER NOTICE OF TORT CLAIMS FOR THE FISCAL YEAR ENDED 1994 TOTAL TOTAL " NUMBER OF CLAIMS AMOUNT OF CLAIMS EDPCODE NUMBER EDPCODE AMOUNT CLAIMS PENDING -BEGINNING OF YEAR fill *CLAIMS OTHER THAN CODEFENDANT/THIRD PARTY 9ZTR15 2 9ZTR16 Not ~tqteq *CLAIMS INVOLVING $ I \ CODEFENDANT/THIRD PARTY 9ZTRI0 2 9ZTRll 2,000,000. PLUS: .. NOTICES FILED DURING YEAR *OTHER THAN 9 29,571 CODEFENDANT/THIRD PARTY 9ZTR25 9ZTR26 *INVOLVING CODEFENDANT/ 2 4,250,000 * THIRD PARTY DEFENDANT 9ZTR20 9ZTR21 Old al~se~ ciaim involvigg co~ 1 155,000,000 .. LESS: e en an ~ re-:opene - CLAIMS DISPOSED OF DURING YEAR PRIOR TO COMMENCEMENT OF COURT ACTION: 0 0 * BY LOCALITY 9ZTR30 9ZTR31 * BY INSURANCE CARRIER 9ZTR40 6 9ZTR41 26,177 .. - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: * BY LOCALITY 9ZTR50 0 9ZTR51 0 * BY INSURANCE CARRIER 9ZTR60 3 9ZTR61 2,309 * BY JUDGMENT 9ZTR70 0 9ZTR71 0 .. - OTHER 9ZTR80 0 9ZTR81 0 EQUALS: CLAIMS PENDING -END OF YEAR *ClAIMS OTHER THAN 4 26,085 .. CODEFENDANT/THIRD PARTY 9ZTR95 9ZTR96 *CLAIMS INVOLVING 3 CODEFENDANT/THIRD PARTY 9ZTR90 9ZTR91 261,000,000 .. .. 115 .. , TOWN OF WAPPINGER NOTICE OF TORT CLAIMS FOR THE FISCAL YEAR ENDED 1994 AMOUNT PAID " EDPCODE ON CLAIMS - CLAIMS DISPOSED OF DURING YEAR PRIOR TO COMMENCEMENT OF COURT ACTION: '* BY LOCALITY 9ZTR32 0 ", '* BY INSURANCE CARRIER 9ZTR42 $2,016 COLUMN (2) COLUMN (1) MUNICIPALITY NUMBER EQUITABLE EDPCODE ON CLAIMS :II: EDPCODE SHARE CLAIMS DISPOSED OF DURING ., YEAR AFTER COMMENCEMENT OF COURT ACTION: 0 '* BY LOCALITY 9ZTR54 9ZTR56 '* BY INSURANCE CARRIER 9ZTR64 3 9ZTR66 '* BY JUDGMENT 9ZTR74 0 9ZTR76 '* OTHER 9ZTR84 0 9ZTR86 ., COLUMN (4) AMOUNT PAID GREATER THAN COLUMN (3) MUNICIPALITY AMOUNT PAID EQUITABLE ., EDPCODE ON CLAIMS EDPCODE SHARE :11::11: - CLAIMS DISPOSED OF DURING YEAR AFTER COMMENCEMENT OF COURT ACTION: '* BY LOCALITY 9ZTR52 0 9ZTR58 .", '* BY INSURANCE CARRIER 9ZTR62 30,000 9ZTR68 '* BY JUDGMENT 9ZTR72 0 9ZTR78 '* OTHER 9ZTR82 0 9ZTR88 :II: THIS IS THE NUMBER OF CLAIMS (COLUMN 1) DISPOSED OF DURING THE YEAR WHERE THE SETTLEMENT WAS DETERMINED IN ACCORDANCE WITH THE RELATIVE CULPABILITY ., OF EACH PARTY PURSUANT TO AN ITEMIZED DECISION OR JURY VERDICT AND WHERE THE AMOUNT WAS GREATER THAN THE MUNICIPALITY'S EQUITABLE SHARE. THE MUNICIPALITY'S EQUITABLE SHARE IS TO BE ENTERED IN COLUMN 2. ## THIS IS THE AMOUNT PAID BY THE MUNICIPALITY WHICH IS GREATER THAN THE MUNICIPALITY'S EQUITABLE SHARE IN ACCORDANCE WITH THE RELATIVE CULPABILITY ., OF PARTIES PURSUANT TO AN ITEMIZED DECISION OR JURY VERDICT. ., NOTICE OF TORT CLAIMS REPORT PREPARED ON January 5, 1995By C2 '. \ ~ a-- DATE .~ ~) (~ POB 799 - Wappingers Falls, NY C . N.*ME. ADDRESS onnle lJ I:.rrlCO CLAIMS SUPERVISOR TITLE 12590 911 ) 297.3701 ( PHONE NUMBER 116 ., TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 1994 Summary of Accountin~ Policies The Town of Wappinger, New York ("the Town") was incorporated in May 20, 1875, under the provisions of the State of New York. The Town operates under a Town Board form of government, consisting of a Supervisor and four Councilmen/woman. The Supervisor serves as the Chief Executive Officer and as the Chief Fiscal Officer of the Town. " The Town provides the following services: highway maintenance, water, sewer, planning, zoning, bUilding and safety inspection, lighting, and culture and recreation. The financial statements of the Town have been prepared in conformity with generally accepted accounting principles (GAAP), as applied to government units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. 1. The Reporting Entity , The Town, for financial purposes, includes all of the funds and account groups relevant to the operations of the Town of Wappinger, New York. The financial statements include organizations, functions and activities that are controlled by or dependent upon the Town. Control or dependence is determined on the basis of budget adoption, taxing authority, funding and appointment of the respective governing board. , 2. Fund Accounting ", The accounts of the Town are organized on the basis of funds or account groups, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self-balancing accounts, which are comprised of each fund's assets, liabilities, fund equity, revenues and expenditures. Government resources are allocated to and for individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. The various funds are grouped, in the financial statements in this report, into four generic fund types and two broad fund categories, as follows: " " ... .. - 2 - .. GOVERNMENTAL FUND TYPES General Fund .. The General Fund is the general operating fund of the Town. It is used to account for all financial resources except those required to be accounted for in another fund. Special Revenue Fund II' Special Revenue Fund is used to account for the proceeds of specific revenue sources (other than special assessments, expandable trust or major capital projects) that are legally restricted to expenditures for specified purposes. Capital Projects Fund II' This fund is used to account for financial resources to be used for the acquisition and construction of major capital facilities. FIDUCIARY FUND TYPES Trust and Agency Fund ", ., Trust and Agency Fund is used to account for assets held by the Town in a trustee capacity, or as an agent for individuals, other governments, and/or other funds. Agency funds are custodial in nature (assets equal liabilities), and do not involve measurement of results of operations. 3. Property, Plant and Equipment, and Long-Term Liabilities .. The accounting and reporting treatment applied to property, plant and equipment and long-term liabilities associated with a fund are determined by its measurement focus. All governmental fund types are accounted for on a spending "financial flow" measurement focus. This means that only current assets and current liabilities are generally included on their balance sheets. Their reported fund balance (net current assets) is considered a measure of "available spendable resources." Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they are said to present a summary of sources and uses of "available spendable resources" during a period. .. .. Property, plant and equipment used in governmental fund type operations are accounted for in the General Fixed ., .. - 3 - .. Assets Account Group, rather than in governmental funds. No depreciation has been provided on such property, plant and equipment. .. All property, plant and equipment are valued at historical cost or estimated historical cost if actual historical cost is not available. donated property, plant and equipment are valued at their estimated fair value on the date donated. .. The Town has adopted the accounting policy of not capitalizing "infrastructure" general fixed assets (roads, bridges, curbs and gutters, streets and sidewalks, drainage system, lighting systems and similar assets) that are immovable and of value only to the Town. .. Long-term liabilities expected to be financed from governmental fund types are accounted for in the General Long-Term Debt Account Group, not in the governmental funds. .. The two account groups are not "funds." They are concerned only with the measurement of financial position. They are not involved with the measurement of the results of operations. .. Special reporting treatments are also applied to governmental fund prepaid expenses to indicate that they do not represent "available spendable resources", even though they are a component of net current assets. Such amounts are offset by fund balance reserve accounts. ., Because of their spending measurement focus, expenditure recognition for governmental fund types is limited to exclude amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities. They are instead reported as liabilities in the General Long-Term Debt Account Group. 4. Basis of Accounting ., Basis of accounting refers to when revenues and expenditures are recognized in the accounts, and reported in the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. .. All governmental and expendable trust funds are accounted .. " - 4 - " for using the "modified accrual basis" of accounting. Their revenues are recognized when they become measurable and available as net current assets. All major revenues are susceptible to accrual. Ii' Expenditures are generally recognized under the "modified accrual basis" of accounting when the related fund liability is incurred. Exceptions to this general rule include: (1) accumulated unpaid vacation, sick pay, and other employee amounts which are not accrued; and (2) principal and interest on general long-term debt which is recognized when due. Ii' 5. Budgets " The Town employs a formal budgetary accounting system as a management tool. During the year, a budget was adopted and modified by the Town Board for the General Fund and Special Revenue Fund. However, for the Special Grant Fund, which is part of the Special Revenue Fund, and the Capital Projects Fund, no budgetary controls were established or adopted. Unused appropriations of the annually budgeted funds lapse at the end of the year. " 6. Cash and Investments Ii' Cash includes amounts in demand deposits as well as short- term investments. State statutes govern the investment policies of the Town. Special time deposits and certificates of deposit not covered by Federal Deposit Insurance, must be collateralized by the banking institutions with investments governed under state statutes. The cash and investments of the Town at December 31, 1993 are as follows: GENERAL FUND SPECIAL REVENUE FUND CAPITAL PROJECTS FUND TRUST & AGENCY FUND TOTAL Ii' non-interest bearing acct 1 ,259 (7.66) 1 ,251 .. interest bearing acct 254,186 123,978 91 9 , 253 382,965 1,680,382 US Gov't securities 1,687,808 388,823 2,780,851 4,857,482 " TOTAL 1,943,253 512,8013,700,104 382,957 6,539,115 " If - 5 - 7. Accumulated Compensated Absences WI It is the Town's policy to permit employees of the Highway Department to accumulate a limited amount of earned but unused vacation and sick leave, which will be paid to employees upon separation from the Town's service. Other Town employees accumulate unused compensated absences. However, such earned, but unused compensated absences, must be used during this period of employment with the Town. No payment will be made upon separation from the Town's service. .. .. In gove rnment and f i duc i ary funds, the .cost of vacat i on and sick leave is recognized when payments are made to employees. A long-term liability of $230,780 of accrued vacation and sick leave at December 31, 1994, has been recorded in the General Long-Term Debt Account Group of Account s, represent i ng t he "Town" commitment to fund such costs from future operations. .. 8. Pension Plans .. The Town employees are covered by the New York State Employees' Retirement System. Membership is mandatory for certain employees and optional for others. In accordance with the Retirement and Social Security Law, a participating employer cannot withhold membership in the Retirement System from any employee who desires to join. .. All general employees employed in a full-time position who commenced employment after July 26, 1976 are mandatory members. A full-time position is one in which the employment is on a 12-month per year basis with a working week of not less than 30 hours and the appointment is not temporary or limited to a temporary period of less than one year. "" Generally, all employees appointed to either a competitive class position or a non-competitive class position before July 27, 1976 are also mandatory members. Annual deficiency contributions for all employers account for less than 1/2 % of the total contributions made to the Systems. 9. Property Taxes ., .. The Town submits an approved budget to the Dutchess County Commissioner of Finance by December 5th of the previous year. The Town collects the taxes on behalf of the Town and County through August 31st. The Town's portion of the taxes is recognized and transferred prior to the County's portion. Therefore, the Town receives its entire tax, leaving the "" .. - 6 - unpaids to the County Commissioner of Finance. " 10. Long-Term Obligations " Long-Term Debt is recognized as a liability of a governmental fund when due, or when resources have been accumulated in the debt service fund for payment early in the following year. For other long-term obligations, only that portion expected to be financed from expendable available financial resources is reported as a fund liability of a governmental fund. The remaining portion of such obligations is reported in the.General Long-Term Debt Account Group. .. 11. Reserves of Fund Equity .. The Town records indicate that a portion of the fund equity is legally segregated for a specific future use. The following details the description and amounts of the reserves used by the Town: BALANCE AT DECEMBER 31, 1993 General Fund - B ., Designated for Inspection Fee Designated for Downstream Drainage $ 330,000 229.083 TOTAL $ 559,083 ., ., ., ., ., II' - 7 - 12. Allowance for Uncollectible Accounts . Allowance for Uncollectible Accounts are not reflected in the Special Revenue Fund. Past due accounts after one year are placed on the county tax rolls for collection, and reimbursed to the Town as they are put on the tax rolls by the County. ., Interfund Receivables and Pavables The following is a summary of amounts due from and due to other funds as of December 31, 1994. .. DUE TO General Fund $ 560,765 Cap ita 1 Projects Fund 2,475 Special Revenue Fund Water Fund 1,683 Sewer Fund Trust & Agency Fund TOTAL $ 564,923 DUE FROM $ $ 564,923 General Fixed Assets Account Groue .. ., The following is a summary of changes in the General Fixed Assets Account Group for the year ended December 31, 1994. Balance December 31, 1993 has been adjusted according to audit of Fixed Assets. Improvements other than buildings has been increased by $316,440. Central Wappinger Water Facility was not recorded. ., BALANCE BALANCE DECEMBER 31 DECEMBER 31 1993 ADDITIONS (DELETIONS) 1994 Land $5,106,650 0 0 5,106,650 Buildings 4,394,164 1,149 4,395,313 Improvement Other than Buildings 2,763,866 11 ,206 2,775,072 Machinery and Equipment 1.973.175 264.217 47 . 185 2.190.207 TOTAL $14.237.855 $ 276.572 $ 47 . 185 $14.467.242 ., .. ., ., - 8 - BOND ANTICIPATION NOTES PAYABLE .. Bond Anticipation Notes Payable are renewed annually and are not to exceed five renewals, except for water and sewer improvements which may be renewed for the life of the improvement not to exceed twenty years. ." The Bond Anticipation Notes outstanding as of December 31, 1994 are as follows: AMOUNT OUTSTANDING ORIGINAL AT .. ISSUE INTEREST AMOUNT OF DECEMBER 31 PURPOSE DATE RATE ISSUE 1994 Water 07-14-94 3.8% $ 359,786 $ 359,786 Sewer 07-14-94 3.8% $2,165,214 $2,165,214 . TOTAL $2.525.000 $2.525.000 NOTE: . June 24, 1994 the Town entered into a Short Term Interest free Loan Agreement with State Revolving Fund, New York State Environmental Facilities Corporation. This was paid off by Long Term borrowing with State Revolving Fund on 12/15/94. .. ." . .. , " " - 10 - SERIAL BONDS PAYABLE (Cont'd) The annual requirements to amortize bonded debt, as of December 31, 1994, are as follows: ., YEAR ENDING DECEMBER 31 PRINCIPAL INTEREST TOTAL 1995 $ 1,217,786 $ 1 ,352,.743 $ 2,570,529 1996 1,253,000 1,289,343 2,542,343 ., 1997 1,303,000 1,221,622 2,524,622 1998 1 ,343,000 1,150,103 2,493,103 1999 1,308,000 1,076,764 2,384,764 Thereafter 16.627.000 7.491 .884 24.118.884 $ 23,051.786 $13,582.459 $36,634,245 ., NOTE: In 1993, the Town has shown all of the $6,060,000 of the borrowing for the Tri-Municipal Sewer Project in the Long Term Debt Account. The monthly draw downs are reflected in the _ Capital Fund. October 6, 1994 the Town closed on a $1,500,000 Public Improvement (serial) Bond at 6 % interest with Fleet Securities Inc. These moneys are being used to construct an Emergency Services Building to house the New York State Police and Sloper _ Willen Ambulance. On December 12, 1994 the Town borrowed $8,519,786 for the expansion of the Tri-Municipal-Municipal Sewer Plant from State Revolving Fund. This expansion is necessary to allow the Town of Wappinger to use the facility. The total borrowed is shown - in Long Term Debt Account. Monthly drawdowns are reflected in the Capital Fund. OPERATING LEASES The Town is committed under various leases for office equipment - and communication equipment. These leases are considered for accounting purposes to be operating leases. Lease expenditures for the year ended December 31, 1994, amounted to $25,460. There are no future minimum lease payments due to the expiration of all leases at the end of the year. - -