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2004 "", All Numbers in This Report Have Been Rounded To The Nearest noll>lr ANNUAL FINANCiAL REPORT UPDATE DOCUMENT For The TOWN of Wappinger "", County of Dutchess For the Fiscal Year Ended 12/31/2004 ********************4444444AAAAAAAAAAA44444444444444444444AAA44444AA4A4AA4A4444A4444AAA4A4~~4AA4AAA4A444*************AA4A4~A444A4**** AUTHORIZATION ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL 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. AI! rei)ort~>f,hall be certifietl by the officsf mak::r~1~~~~me 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 Local Government Services and Economic Development Albany, New York 12236 . Page 1 "., All Numbers in This Report Have Been Rounded To The Nearest noll::lr ANNUAL FINANCIAL REPORT UPDATE DOCUMENT For The TOWN of Wappinger "., County of Dutchess For the Fiscal Year Ended 12/31/2004 AAAAAAAAAAAAAAAAAAAAAAAAAAAA*******AAAAAAAAAAlAAAAAAAlAAAAAAAAAAAAAAAA4A~A~~A44A4A4A444A4'A44A444444AA4~~**************************** AUTHORIZATION ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL 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 Local Government Services and Economic Development Albany, New York 12236 ., Page 1 "., TOWN OF Wappinger *** FINANCIAL SECTION *** Financial Information for the following funds and account groups are included in the Annual Financial Report filed by your government for the fiscal year ended 2003 and has been used by the OSC as the basis for preparing this update document for the fiscal year ended 2004: "., (A) GENERAL (B) GENERAL TOWN-OUTSIDE VG (CD) SPECIAL GRANT (DB) HIGHWAY-PART-TOWN (FX) WATER (G) SEWER (H) CAPITAL PROJECTS (K) NON-CURRENT GOV ASSETS (PN) PERMANENT (SL) LIGHTING (SM) MISCELLANEOUS (SS) SEWER (SW) WATER (TA) AGENCY (V) DEBT SERVICE (W) NON-CURRENT GOV LIABILITY All amounts included in this update document for 2003 represent data filed by your government with OSC as reviewed and adjusted where necessary. *** SUPPLEMENTAL SECTION *** The Supplemental Section includes the following sections: 1) Statement of Indebtedness 2) Schedule of Securities for Collateralization 3) Schedule of Time Deposits and Investments 4) Investment Certification 5) Bank Reconciliation 6) Local Government Questionnaire All numbers in this report will be rounded to the nearest dollar. .. Page 2 "., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 .., (A) GENERAL Balance Sheet .ii~I:Ilil.M!M~!:!~!tt:m@!t!!llimmi:I@@MmIi!Jt:t~!~:~@:~!~:~:lj!j~:~:~t:~:~:~:~H@:M:~r:tt:wrimmti@Wl:::::l:~t:~:ti:Ii:itmW!:~l!m!:t!i1~il:1KWI[:!rjimii::rmrtt:MM~~Wt:~:M::::Ml Assets Cash In Time Deposits 413,182 A201 503,353 Petty Cash 800 A210 800 19IOO::q,!~ij:!:):):::):):::::::::::::::)::!)!!!)::::::~!:!:!!:::::::::::::::i!:::::::::::::::::::::::::)::::!:!)!::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::!:!:::::::!::):::::):)::::::::::::::::::::::::~:::!::::::::::::::::::)!::::)!):::::::::::::::::::::!:::::::::::::I::::::::::::::::::::::::::::::::::::::::::::11111::::::::::::::::::):!::::::::::::::::::::::::::::::::::::::::::!::::::::):::::::::::::)::::iii,I):): Investments In Repurchase Agreements 0 A451 0 f,9IOO::m!i~~i,ltI:::i::::::::::::::::::::::::::::::::::::::::::!:~:::::~::::::::::)!:!::::::::::::::::::!:::!:!:::::::::::::):::::::!:::):::::::)::::::!:::::::~::::::::::::::::::::::::::::::::::::~:!::::::::::::::::!::::::::::::::::::::::!:):::::::::::::::):::::::::::::::::!:::::::::::::::::::::):::::::):::::::::::::):):::::)::::::::::::::::~:::p:::::::::!:::::::::::::::::::::::::::::::::::)::::::::::::::::::::::::::::::::::::::::::::::)::::::::t::::!::: Accounts Receivable 38,448 A380 73,858 f,9IOO::.I::,Iii,~.iJ?I~:::::::::::::::::::::::::::::::):::::::::::::::::::::::::::::::::::::::::::::::::::::::i::::::::::::::!:::!::!:::::::::::::::::::!::::::::::::::::::::i:::::!::::::::::::::):::::::::::::::::::::::::::)::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::I~II::::::::::::::::::::::::::::::::::::::::)::::::::::::::::::::::::::::::::::::::::::::::::::::::lWl"i:::: State & Federal, Other 234,108 A410 355,178 f,9IOO::m~,::I~::!,ill:IU~lwl~!i!!:::):::::::):::::::::::::::::):::):::::::::i:::::::::::::::::::::::::::::::::::)::::::::::::::::::::::::::::i::::::::::::::::::::!::t:):):::::::::::::::::::::::::::::::::::):::::::::::::::::::::::::::::::::::::::::,i;',I:::i)!:::::::::::::::)):::::::::::::::::::::::::::::::::::::::::::::::::)::::::::::::::::::I~i,il':::: Due From Other Funds 256,086 A391 145,057 f,9IOO::i9.I:I~~m:.r)!.::)::::::::::::::::::::::::I::::::::::!:::!:::::::::::!:::::::::::::::::::::::::::::::::::::::::::::::::::::i:::::::::::::::::::::::::::::::::::::::::::::::!:::!::!::::::::::::::::::::::::::::::!:::::::::::::::::::::::::::::::::::::::::::!::::::::::::::::::::::,Ilil:i:::::t:::::!::::::::::::::::::::::::::::::i:::::::::::::::::::::::::::::::::::::::::::1i!1,,=I:::: Prepaid Expenses 14,500 A480 25,615 ." ., Page 3 OSC Municipality Code 130386800000 ,. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL Balance Sheet """ " ., Page 4 OSC Municipality Code 130386800000 " TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL Results of Operation I.Wij~.lID._~~!t!f!t~jjj~jjj!jl!@tm~mfMMWMtw~~~tltr@it!~r:@:@:~jl~:~:~:~:~:~rrrmtt1~@m~N:@mttt:~:@:tl:l:~:1:l:~:~t@m~:~:~:~:tt~_llrjtt~~ll;lllmlmfiff~:Hf~r:~r:~:~:~j~la~:~j~r:~:~r:~rl Detail Revenues And Other Sources "'" .. ., Page 5 OSC Municipality Code 130386800000 '" TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL ".. ., rI' Page 6 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL .,., Results of Operation 1t.~IM~il!l_llii::iii~?j~~~jti~:~~fi~II~@ii~i:l:tlt:~:j:j:lMj:jj::l:!t:l~iif~:lj:@:@:t:@:j:j:l:!ijiji!:jl:jrW@mf#Uli~ijm:mj@}mjjjlmt:@:~:~t:jn:::t:li\1:jj_*:t!jjt:jHjttl~Mt~ittHttlt:tm_:ji:tm:~tij:1 Detail Expenditures And Other Uses Central Storeroom, Contr Expend rOTAL Ce.lltt.'$I~f:~rqo.?,!. . Central Data Process & Cap Outlay ", fI' Page 7 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL Results of Operation .. - - Page 8 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL Results of Operation l~iji~_tH~@i!:l~i~!tm!Wmf:{@:llmNmWMmltW:tti:!:i:!:iWl@:!:!:ttllMltitt~:!~!~#:Mt:@~ilrlM1tt:tt:1t:IMll:mt:.':i:M!~!:!@Htl;SleW:i:lt~H:tlttt::mMmW:t!:ll Detail Expenditures And Other Uses Debt Principal, Bond Anticipation Notes 0 A97306 54,000 1911~):limtl~\ij~gl[::::!:!:!:!:!!t~::~~:~::::::~:~::::::::::::::::::::::::::::!:!:::!!:::!::::!::!~!!!!!:!!~::!!!:!!:!!):!!::!!~!:::!:!:~~::~:!:::!!~:!:!~:::~!~~!~:::!::~:::::::I::!:!!i!:!!:!!:~!!!!!!!!~:!::!!!i:~!!:~!:!!!~!:!:!!:~::!~!::~!:!~:!:!::I:::::i:I::::):)::::::::~~!~!~!~!!:!:!!:!!::::!:::,git1~:::::::::::)!::)::t:!:!!:!!!!!:!!:~:::):~:~t:I:::!:i:::::~~::!:m:::::::::::i~~:~!~lI~e~:~ Debt Interest, Serial Bonds 163,102 A971 07 198,680 Debt Interest, Bond Anticipation Notes 0 A97307 6,571 tgI~~~:"IU!lmili:::i:::::::::i~::i::::::::::::~::::i::::~:::::::::::~:~::::::::~::::~:::~~:~:::::::::::i::~:i::::~:::::::::::i:::i:::i:~::::i:~::i~::::i:::~:i:!i::~:::i::::~:~:::i::::::i:::i:::i:i:i:::::::::i:i:::::~:::::::::::::::::::::::::::::::i~::i:::::::::::::~::::::i::ii:::::::::::::~:::ii:::i:::::::~:::::~1~1~~:~::::::::~~:::::~:~i~::::~::::i~:::~~::!~~::::::!::::~:~~:::::::::::i:i~:::!!:::~:::~:i:!:::!H~~l:: - t911@lmill~~rl:~::!!~!!:~::!::::i:i::iiii::::::::!i~ii:~i:i:~~::::::::~:i:~:i~):i:~:~::!:!::i~:~i:i:iI~:~::im:i:i:~i:::::::~:~:::i:i::~::i:i:i:::~~:::I~::)I:i~i:::it~i~i::!::i:i:!::!:i:ii~i!~:!::~i:i:~:!~::!:f::i:i::t~::!:!:~:i:~:~::!!:!::!i!::i~~!i:::::::::~::~~i::~:i~~!:!!:!!::::::!:~ffiMil1":::::::::::::::::~:i:i::i):::::i:::i:):i:i:::::i~:::Ii::::~::~~:~!~~!!ii::::::~:~~!!l,"1~!ei:i Transfers, Other Funds 4,000 A99019 84,000 tmg~~.!ilI::IH~I!~i!:!i::~~!!!ii::!:!:!:~!i:!!!!i~~!:~~~!:~~~~I:~~::!~i::~!~:i:i!::~~i:::~:~::i~!!:i:!!!:::~:I!i:::::~::::!i!i:::::):::::::::::i:::i:::i:::::i:::::i:i::!:::!:::I:::i~:::!::::::::!i::::::::~:~~:::::!:~:~i~::::i:i:::::::::::::::::::::::~:iiii!::~~::i~:i~!:ii::::::::::::::Ilg!:::::::::::::i::::~:i::::::):::::::::::i:::i:i::::::::::::::::::~~::::~~i::~~~::::~!~~~~~:i:I!!I~!I::: t911~):a'r:9Ii~!!~!:i:::::!:iiii::::i::::!i:::::::::::::i~:~:~:::::::~)~:~::::::::::::::::::):::::::::::::::i::::::::::::::::::::::::::::::::!:::!~:::i~i~:::~:!::f:::::I::tI~:~::::::)i::::)::::::i:!:::!:!:!~!:~:!::::~!::!!:i:::::~:~:::~:::::::~::)~~::::~:~):)~~~~i)~~:i~~~~~i::::::::::::::::::::::::::~:~:I~:::::::::!lig!~::):::::):):::::)::I:::)::::::::::::t:::~~:::::::::~):):)~):):)I::::i::::::):::::::::::i::::Il,~!li:i t9f!t::!m,I!):!ltij!f,9.@i:gj:~.r~9m::~~!~!::~:~:!:!:!!!~!!:::::::::):)i::):):):):::::::::::):::::::):):::::):)::!:::::::::!~::!~!::~::~:~:!)!~~!!i:):~~:!:::~:~:~::):)!!:):)i):i:)!):)t:)I:::::::::):):):):):):):):):)::!):!!::::!:::):;ffili",:::::i:::):):::::::::::::::)::::::::::::::::~:::::I::::~:::::::~::::::::)~:::~::)i):fl,'I~I::~ - - Page 9 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL Changes in Fund Equity Jllf!~i5i&r.:':::"':Ii@!iii&itliiliiiiii~!;~~l*!@t@!Miii~!~i~:iit~!~ti!iii:i!ff~!ft!f~:~t!~itf@t!n\~!tliif!@MmMi@if:ffl!fl!llW~!~1~!llilml1@~l1~l!l1Mlm;I~Bi!:!IlIltl!l:~ii_~!i:~!~!i!tl:ill ANALYSIS OF CHANGES IN FUND EQUITY ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 737,639 737,639 3,123,839 3,033,919 827,559 827,559 827,559 3,492,625 3,656,120 664,064 ., ." ." Page 1 0 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL .. Budget Summary ~"""'F'j'i'i''''''''~i-'i':':'i~'''''''''''...........................................,:,.,:"~:,::.:.:.:.,..:...:.......:.:...:.....:...:.:..:.,:,.,::.:.:.:l~....l!t~lo!l'~~'<:...ll.....w~;il~l..~~:'.....,l~...,.....u~:li::~i*:..........IE'.'...,...,l!$ll:W'.i:i~................................:II.:.:.::lI:!.::i:i........O;;;;;:;..~i.i:.:':':'1 ~~~~:~~:~1:1:1:1:j:;:1:1:1f::~:1:1:~:1:1:1f::f:f:~:j:1f:::f:lt:~?;~:1~111111~1:::1:::~ili::::1:::j:1:::1:::::1~1~~1~:l11lE~1:;IH.~~:(}:!:jf::r:M~~1:~:1f:f:~~~~r:ili=r:1:1~~:::j:j:::f~~~:~1:~~:~:;:~~J~IIMf~f::1:1:j:~J~1~~_~1:~11~1 Estimated Revenues And other Sources Est Rev - Real Property Taxes A 1 049B 1,291,802 1 ,291,802 0 Est Rev - Real Property Tax Items A 1 099B 55,000 60,000 5,000 Est Rev - Non Property Tax Items A1199B 180,000 0 -180,000 Est Rev - Departmental Income A 1299B 88,000 61,360 -26,640 Est Rev - Intergovernmental Charges A2399B 0 0 0 Est Rev - Use of Money And Property A2499B 160,000 167,500 7,500 Est Rev - Licenses And Permits A2599B 4,600 4,600 0 Est Rev - Fines And Forfeitures A2649B 132,500 142,500 10,000 Est Rev - Sale of Prop And Comp For Loss A2699B 0 0 0 Est Rev - Miscellaneous Local Sources A2799B 1,000 4,200 3,200 Est Rev - Interfund Revenues A2801 BOO 0 Est Rev - State Aid A3099B 958,800 1,563,100 604,300 Est Rev - Federal Aid A4099B 0 0 0 !:gtMt.'iI~!!:1i~191:~~:::~::::::::::::j:::::~:::::~~~:::::::jj::::~::::~::::~::~~::~~~~:::::::::j::::::~:::::::~:::::::::::::~::~::::::!::::j::::::::::::::::j::::::j::::::::::::::::i.lt'~rl::::::::IIj~:::~j~!:j:::j:::::::~j:!iljilj!:::::::::::~::::::::::::::::::::::::::j:i~~If:t:::::::::::::::~::~~:::j::~j:::~~~::~:~~~::~::~::::j:::::I:: Estimated - Interfund Transfer A5031 BOO 0 Appropriated Reserve A511 BOO 0 Obligations Authorized A530B 0 0 0 Estimated - Proceeds of Obligations A5799B 0 0 0 Appropriated Fund Balance A599B 395,307 432,638 37,331 ." .. Page 11 OSC Municipality Code 130386800000 "" TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (A) GENERAL "" Budget Summary ~';'i'i'I'i"';~'l""':",,",,""""-'".....~......................................................................w........................,.,...................:.:.:.:I~........~l<!o'~;i:l~.....11..........t.ollij~.I..~lf:.........l~...........i'j~:i:f.~!.1.1.I.i.;"".i.;.".~n~E..........."'*.....,.................n........I~!.i.'.................1 ~@~:j~~:!mm!!;!:!:!:!i:!i:!:!:!:!i:!:i:i:!:!:!:!:!:!:~:!:!:!:!:l:!:!:::!:!:!:!:!i:!:;:l:!:I~!H:!:!:!:!:!:!:!:;:!j!jl(:~~~!:!(!:!:!:!:!:S'<<t.I~.!:~:!:!:!:!:!!!:!:::!:!:!~~!~S!li1-idi!jh(!:!;!t!::liI-~!!!!!!!!!!!!!!n!!!!!~~W.~t~!!!;!! Appropriations And Other Uses App - General Government Support A 1999B 1,538,118 1,698,218 -160,100 App - Education A2999B 0 0 0 App - Public Safety A3999B 34,910 35,810 -900 App - Health A4999B 3,000 3,960 -960 App - Transportation A5999B 159,592 155,592 4,000 App - Economic Assistance And Opportunity A6999B 1,225 1,225 0 App - Culture And Recreation A7999B 542,343 540,574 1,769 App - Home And Community Services A8999B 105,514 187,014 -81,500 App - Employee Benefits A9199B 381,700 520,700 -139,000 App - Debt Service A9899B 500,607 500,607 0 19!i~::i@P:r.!jlf.:t:i:::::f::::::::::::::::::::::::::::::::::::::::j:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::[:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::11111::::::::::::::::::::::::[:i:::i:::f:::";lIilij::::::::II:::f:i::iii:i:i::::ltl;li:::::::::::::::::::::::::::::i:::::::i:::::::::::::i::::::::i:j:: Other BUdgetary Purposes A962B 0 0 App - Interfund Transfer A9999B 0 84,000 -84,000 ., " Page 12 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG Balance Sheet .. mi~~:~.fI!mtr~j:!IIt~jImII~jII~jIIrm~Ij:j:j~::jII~j~IIj~jIj!;j~j~Itln!mjI[jI[mm[m;[MM!.@RM::@I~Ijf!:Ijll~@I@j~:ij~ti_II!I:I:j:jm~:i!ig-lm;MjtillI:~I!II!@),gIIIr:jIiil Assets Cash In Time Deposits 8,180 B201 465,083 ]9i~'::!!I:i::::::i::::::::::::::::::::::::::::::::::::::::::::"::::'::::::::::::i::::::::::::::::::::::::::::::::i::::::"!::i::!:::ii:::':i:i:i:::i:::::::::::::::::::~:):::::::::':!:!~~:::i:::::::::::):::::::)):::::)):::))::ii)):i!:::i:::::::~:::::i:::::)i~!:ii~!!!:!::ij:::'::':i::i::i:::)i!::i!!)::i::::!!i:::::ii::i:i::i:ii:::~i)::):iii~)~::!:::i~~I:::::i::i::::::::::::):::::!!:!:::!!:::::::i::::!!:!:::::::::::'::)i:iiii::::!i!::::::!:::I~*.!I~:ii: Investments In Repurchase Agreements 355,762 B451 0 ]9t~':).ii:lil:::::::::::i::i:i!:i::::::::::::::::i:i:i:::::i::::i::::ii:::::iii:::i::::ii::::!::)::i::iiii:::i::::!!i'i:,iiiiiiii:ii!iiiiii::iI::i!i::::::::!ii)::::::!!!ii:!:i!::!:ii::::i::::::::::::::::::::!::i)!!!:::::::::::!!:!:::)!!!!!:::!!::!i::::iiii!)i!::::Iii!i))::!!::!::::i:::::i::i::::iiiii:i::i':":,I~II:':::::::::::::::::::::i:i::::::::iii::::iiii::::ii::::::::::::::iii::::i:::::i:::iiii::::::::::::::ii:ii:::::::::~:::! Accounts Receivable 77,721 B380 83,475 ]9iiMW!~~:II!g!Wiii~l~li!i::::i:::::::::::::::):!:!:!::::::!:::::::::!::::::::::::::::j):::)!:!)!)::!)):)!i):)):::)!j))))):!::::!::!:!:::::::::::::::::!:)!::)!:i!):i:::::::!:::::::::::!):::!:)::)):!i::::::::i:i::i:::::::i!i)i::):)!:!j:::::::::::::j!:::::ii::::ii):)i:ii"!!i::):::)::)))::I~I":::::::::i:i:::::::::::::i:":::::'::!:::i):':,::)!!:!:):):!!::::!:::::!::::,::i)i!::!::::!~tj,::: State & Federal Receivables 378,825 B410 391,619 ]9ii'i:.i)I~):lt~I,~:.):lill#:~ii:!!!::):i:):ii::i:::::!:::::::::::::::::::::)::::::::):::::!!:::!)!!!i':::i::::::::::::!i::::)!!!:))ii!:!::i!:::::'::::::::!)!:)):):!:::!:::::::!::::::::::)i:::::::::::!:::::::::::::::::,!i:))):::::::)::::::)::::::::::,!:,ml:i::i!!!i:!:::::)i!:!:::::::i::::))):!!ij:))!))::)))i:::!:::)::::!::::j:::!:)!:!:::::::::M1~'1"::! Due From Other Funds 265,450 B391 250,444 ]9ii'i!pqii:5rel).~:I.)))))))!))!)!))!!:))!:!!!:!)::::!:!:!i:!::::!:!!i!)i:)!!~:!::~:j:~!!::~:~:::)!i::!iiiiii~i::i:i:iii:::::::::::)::::))~:::):~:::~!:!:::!::!::::::::)))::::::::~!::!ii::::::::::)::::::)!!!!:):::)!:)!i:::::::::!::::::::::::!:)!:::!::!!:)::::::)::::::::::::::::i::!:::IIII:::::)))!:::::!::!:::::::::)):::!):)!)i:::):::):!::!!:::!:):::!::::::::::::)::::::):):wa~.I::: Prepaid Expenses 1 ,999 B480 3,866 ., "" Page 13 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG Balance Sheet .. ." ,. Page 14 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG Results of Operation . Detail Revenues And Other Sources Real Property Taxes 0 B1001 0 !:P!~@liWj.tt.i~]mi~:::i::~:~:~:::::::::~::::::::::~::::::::::::::::::::::::~:~~~:~~~~::::::::::~:~~!imi~:~:i~:m'ii::i:i:i:i:::i:::::::i:!::::~::::i:i:::::::i:::::i::f:::::i::::::::::::::i:ii:i:::i~i::::~::::::::::::::::i:i::~:::~:::::::::~::::::~::~::~:::::::::::::::::::::::::::::ii::::::::::i~i~::i~:~I~~~~::::::::::i:i:i:::i::~::i:i:::::::::::i:::i::~::::i::::i::::i:::::i::::::i:i~~:m::~::::;:ii@:i:::::::iI~::i Sales Tax (from County) 1,077,710 B1120 1,229,176 Franchises 206,145 Bl170 225,728 Iftt.N:Hj!~tU!9l1ft::ti~::ij.::::::::i:::::::::i:i:::i::ii::::i::::::i::::::::::::::~~~:~::::::::::::~:::::~:::~:~:::::~i~~~:~II~~::~~:::~:::::::i:~:::~::::i:::~:::::::::~i:::~:::::::::~::~~i::::if::~::~:::::~::~:::::~::::::::::!i::::::::::::::~::~:::~::::::::::i:::::::'eUmg:::::~:~:~:::~:~:~:~::::::::i::~::i::::::::::::::~i::I~::::i:~~~~:~:~:~~::::::::~:::1~1!!11:: Contributions, Private Agencies-Youth 20,610 B2070 23,425 Zoning Fees 8,530 B2110 10,611 Planning 80ard Fees 95,348 82115 68,167 Refuse & Garbage Charges 28,320 82130 0 !9tit::PmH~iliI~:!@!\1iI:~:::::::::::::i::::i::ii:i::::::::::::::::::::::::~::::::::iii::::::::i::i:::i:::::::::i~~:i~:::::::::::~:::::::::i::~:~:~:~~~:~:Ii::::::~:::::::~~::::::::~ii::::::i:i:::::::::::::::::i::::i:~:::::::~~~~:::::::~~~:i:I:::::i:::ii:i:i:::i:i:i:::::i:::~:ii~:i~!sl.l:::i:::::::::i::::::::i::::::::::::::::;::::::::::::t::::~:::i::::::::::i:i:~~~~:~~::::::::,!m!~::i Interest And Earnings 4,073 82401 4,621 t9!1~::!111:M.f:~rnHm~lijf:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::i:::::::i:::::::::::I:~~::::i::i::::::::::::::::::::::::::::::i::::::::::::::::::::i:i:i::::::::iif::::::i::::::::i::i:::::::::::::::;::::::::::::::::::::::::$.ft~:::::::::::::::i:::::::::::i::::::::::::::::::::::::::i:::!:::iI::::ii:::::::::::::::::::::::;::I::I+,fj1::i Permits, Other 164,821 82590 239,408 TgJ.ijHI~I::m11:1M.:::::::::i::i::::::::::::::::::::::::::::i:::::::i::i::::i::::::I::::::::i:::::~i:::iii:::::::::::::::::::::::::::::::::::::::i:::::::::::::::::::::::::::;::::::::I::::::::::::::i:::::::::::::::::::iii::::i::::::::::::::::::::::::::~~:::::::::i::i:::::::::aUmti:::::::::::::::::::::::::::i::Ii::iiii:::::::::::::::::::::::::::::i:i:::::~:i~::i:::::i::!g!+..:: Sales of Equipment 229 82665 0 Insurance Recoveries 0 82680 2,925 f,9!~Mmma!:f:li.:ilij::1.9m!9i::fl::k.::::::::::::::::::::::::::::::::::::::::::::::i::::::::::::::::::::::i:::::::::::::::::::::::~::::::::::::::::::i::::::::::::::Ii:::::::::::i:~:i::::I::::::~:::::::::::::::i::::::,1::::::::::::::::::i:::::i:::::::::::::::::::::::::::::::i:::i::i::ii::i::::::::::::::::::i~::::::i:i:i:i!g::: Refunds of Prior Year's Expenditures 0 82701 19,133 Unclassified (specify) 9,169 82770 30 19Ifj:lillIllii:liiti:llli:::i::@:::::::::::i:::::::::::::::::::::::::::::::::::::::::::::::i:::::::::::i::::::::::::::::::::i::I:::::::I::::::::::::::::::::::::::::::::::::::::::::i~::::::r:::::::::i:::::I::::::::::::::::::::::::::::::::::::::::::i::::::::j~!HI::::::::::::i:::::::::::::::::::::::i:::::i:::::::::::!::::~:i:~i:::::::i:::i:i::::::::::::::::,l,ij1.I::: St Aid, State Revenue Sharing 119,526 83001 150,000 St Aid, Other Aid (specify) 0 83089 0 St Aid, Other Aid For Public Safety 0 83389 0 St Aid, Youth Programs 7,204 83820 7,459 f,9jIMII:Ii,::::::::::::::::::::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::i::::::::::::::::::::::::::::::::::::::::r:::I::::::::::::I:::::::::::::::::::::~:::rI:::::::::::::r::::::::::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::!II~~I:::~:::::::::::i:::::i:::::i:::::::::::::::ii::::::::::::i:iI::::::I:I::::i::::::::r::::,!t..::: r9r.jij:.,~lir:i:::::::r:~:::::~::::::I:I:::i:::::i:::::ri:i:i:i:::i:i:::::r::::::i:::i:i::::::r::::::::I:ir:i:::i::r:i:i:i:::i:i:i:i:i:::::::::i:i:i:i:i:i:::i:i:i:i:i:::::::::i:::::i:i:::i:i:::::i:::::::::i:i:i:::i:::::i:::::::::::i:i::I:::i:::::i:::i:::i:i:i:i::::::::::::::::::::~:'~J~,~,B:i:i::I:i:::::::::::::::::i:i:i:::::::i:::::::::::i:i:::i:i:i:::i:::i:::i:::::::r~i;gf.~'i~::: 19r.~:~I!,i.::II~j.i~:Ii.':.t:lii.:::::::r:::::::::::::::::::::::::::::::~:::::::r:::::i::::i:::::::::i:::i:::::::::::::i:::::i:i:::::::::::::::i:::::i::::::::::::I:::i::::I:i:::::i::::::::::::::::::::@::~I::~:::i:i:::::::~~i~,W:":::i::::::i:::i:::::::::::::::::::::::::::::~::::::::::::::::~i:~i:::~}::::::::::m~;iI~+.,"::: ., ., Page 15 OSC Municipality Code 130386800000 ." TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG .. Results of Operation ~~lMlili1.il~~ll~ltt~@~~@itMttMlttm~ttHltlt:f:r;:i~~:i:i:~~~l~it*il~~ii:i:it::ii:~~~t~~::i~~~:i:~:ii::j~~~~~::~~~I~~Wijm~:imM~m~:l~mtltt:m~@tt~~~~~~_'f~tiii~ilii~~jimt~ll~,!ili.tWit::m:it::itH~t_lt:l~i::~~~t~l Detail Expenditures And Other Uses Fiscal Agent Fees, Contr Expend rotAl ftj/:ll. ~ent' ~a . ~:::'.;.:::. .... : Law, Contr Expend rotAl taW:. '.:: tIfI . Page 16 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (8) GENERAL TOWN-OUTSIDE VG "'" ", ", Page 17 OSC Municipality Code 130386800000 '" TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG Changes in Fund Equity ANALYSIS OF CHANGES IN FUND EQUITY ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 1,135,418 1,135,418 1,741,685 1,919,881 957,222 957,222 957,222 1,980,683 1,984,561 953,344 '" " (II Page 18 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG Budget Summary ~i=iil!.;.;.,.,j;;j:~~;;j;ljj~""""""""""""''''''''''..........................:.:.:.:.:.:.:.:.:.:.:.:.:.:.:':':':':':':':':':':':':':':':':':':':'l~:':'l':':~....s;:i$;:::::ll:,'x':'~~'l:~"~:':':':'l~:':':~"ti~,""-'!..I.I.:.'l!'y,.,.,.,.'.'.l!..w......""'lH:i:i~...........w.w.........lE.,.:.':li::i:l........iti;i;j:j..~,......1 1i~1~~~~:~~~:~:lli~:~~:~:lli:~:~:j:j:j:~:~:l:~:~*~:~:~:~:~?:::::~:::~::~:~:::~:::::f.:::::~::::::::::::::::::::::::::::{E:~:~~~m__::r::~:r:~~~ ::~:::::::r:_E:l:~:;:l:1:~~~1l~1;1;ljlj3_:~1~:;:~j~~~u.~~~j:;~:}1:j:j:~EE~~~~~~~~j:~:;:j:t Estimated Revenues And Other Sources Est Rev - Real Property Taxes B 1 049B 0 0 0 Est Rev - Real Property Tax Items B1099B 0 0 0 Est Rev - Non Property Tax Items B1199B 978,600 1,264,600 286,000 Est Rev - Departmental Income B1299B 0 0 0 EsT. ReV. - Intergovernmental Charges B2399B 84,000 92,000 8,000 Est Rev - Use of Money And Property B2499B 4,000 4,000 0 Est Rev - Licenses And Permits B2599B 85,000 168,000 83,000 .. Est Rev - Fines And Forfeitures B2649B 0 0 0 Est Rev - Sale of Prop And Comp For Loss B2699B 0 0 0 Est Rev-Miscellaneous Local Sources B2799B 0 0 0 Est Rev-Interfund Revenues B2801 BOO 0 Est Rev-State Aid B3099B 0 150,000 150,000 Est Rev - Federal Aid B4099B 0 0 0 Tirmtil,.iiliilil:i::i:::::t::::::i::::::::::::::i:::::::::i:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::J:::::::::::::t~*,j"IMt:::J:::::::::::::::::::::::::::::];I!l.lg::::::::::'::::::::::::::::::::::::::::::j~riMf:::::::::::::::::::::::::'::::::::::::::::::':::':::::::::::@: Estimated - Interfund Transfers B5031 BOO 0 Appropriated Reserve B511 BOO 0 Obligations Authorized B530B 0 0 0 Estimated - Proceeds of Obligations B5799B 0 0 0 Appropriated Fund Balance B599B 355,207 367,095 11,888 '" . Page 19 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (B) GENERAL TOWN-OUTSIDE VG Budget Summary ~~f~~~_tt~~m:~~t:@tWIl~:mtttlt~ft:tt@:ltIIIIInttjj_tmtt~Wf.i::_:mlllI~~MiE:~j;QWtlr:tl:@il~~f.8:\11tm:~ts.~~'tlW~~r~1 Appropriations And Other Uses App - General Government Support B1999B 151,500 333,500 -182,000 App - Public Safety B3999B 364,367 480,957 -116,590 App - Health B4999B 0 0 0 App - Transportation B5999B 28,000 26,780 1,220 App-Economic Assistance And Opportunity B6999B 26,000 32,220 -6,220 App - Culture And Recreation B7999B 160,646 165,054 -4,408 App - Home And Community Services B8999B 304,348 450,238 -145,890 .. App - Employee Benefits B9199B 124,498 149,498 -25,000 App - Debt Service B9899B 247,448 247,448 0 lir.iMlijim!~,liIiiiii::ii::i:iii~:~:i:iiIii::i::ii:iiiiIiii::ii::':i:i::i'::iiii:i::::i:i"i:iiii:i::iiiiii::::::{i:::tIiiii:ii:ii::::::':~:~:~:':ii~:'i::::i::::i:::i::i:i:i::::::::~.lit:::::::::::i:::::::tI::::ii:::~:::'1illilliiiiiiiiiiI:iiiiii:iii::iiii:iiiii:ltlili::liii:::::~::{:iiii:ii:iii:ii::i:i:i:'i::ii::ii':~:i~i~~'I:i Other Budgetary Purposes B962B 0 App - Interfund Transfer B9999B 100,000 160,000 -60,000 III " Page 20 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (CD) SPECIAL GRANT Balance Sheet : ::::::::.:i~~t.Ii.ilmr.::~.:.:.:.:~tiit~:~:~:~1l1t~Hm~:~1~1i~:~:~1~:~1~HjH1~:~1~:~:~:M~1l1t%~ij:~:~:~H:~:~1jtttilil@mMH:W~i~i~ijmMilitH:~~j~HMtii:t1W~1~1~1@m1m~ mm@m@IM~lmtI@lt1~lji~fiij1j:~:jlmt1tt~1H_iI1::::~i~m~mI1 Assets Cash In Time Deposits 1,983 CD201 2,004 .. " " Page 21 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (CD) SPECIAL GRANT Balance Sheet .. t..~~~@J@iWjif:::~~~~~~~:~:~~~~~l~~~~~~~~f:~::t@~l~~~~~~~~~~~~M~t:~~:~~~M:m~:Mf::~~::::::~~~~::::~~:~~ftmntli@t~~:~~f@:~:t~:::~~i:~:::::~~~~::~:~~M@:~~Wi;lW::~:::b:~t~:::~~ttl!i:t~fM:H:t~'a~~~t:#~~~l:::~~::~~ll~~~~~{.E~~~~~~~~~W~t::t::::::::::~~~~~~~bf:t::t~:~:~tt:~1 Liabilities And Fund Equity Accounts Payable 0 CD600 0 ]9Ii@Jmw.!iIHrif:lv.mjl:~~~:~~~~~~~~~:~::::::::::~:I:::~:::~::::~:::::~:::~::~:::~:::~~::::::~~:~:~:::::~::::~:::::::::::::::::::::~::~~:~:~;:~~~~:::~~~~~:~:~:~~::~:::::::;I~:::::~::::~:::~::~~~~~::::;::~:~:::::::::f:::::::~:~:::~:~:~:~~::::::::::~:::~~~::~:~:::::~:::::::::::::::::~:::::::::::::~~'~t!m::~:~::;::::~~:::::::::~:::::~~::::::::::~:::::~:~:~~~~~~~:;~::::;::~::t::~::::::::::::f:::~:~~::::~~:~:~:::::::~:::::::~::::g: Due To Other Funds CD630 1,296 Unreserved Fund Balance Unappropriated 687 CD911 . 708 - - Page 22 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (CD) SPECIAL GRANT Results of Operation IMW~_mmmmHttm!ili!l#i:r:!:!:l:!:!:t:limi!t:@tft!Wlff!!:ttl!l:!mjl:!!l:!:!j!:KW~tttWtttmi:!ii:!:l:!:!:t!:Htl!!:!:ili!!!!_tjt!:t@lMt!!!W~t!:m!tt!ttt!l~ljltttl Detail Revenues And Other Sources Community Development Income 0 CD2170 0 T9!~f:j~ii~ilM!!]Meil:::::::::::::::::::!!!::!:!!!:::!:::::!!:!:!!!::!!!:::!:!!!!:!:!:!:::::::i:i!::i!!:::::::::!!!:!!::::!:::::!:::::i:::::::::::::::::i:i:::!:!::::::!:::::!:::!:::::::::::::::::::!:!::!:::!!:::!::!!::!::!!::!!:!!:!!::!!!:!1f::::::i:!:!:::::::::::::!::::!:!::!!:!:!:!!!!!!!!::!!!!::!!:9:!:!::::::!:::::::!!::::::::::!:::::::::::::::::!!:!::::::!:!!:!!::!!!:::::::ii:ii:!:::::::::::!::!:!!:i!:i:!!:::@: Interest And Earnings 81 CD2401 21 rilmBJi:!9f:M~~mMlrnUm~lij,!:!:!:::!i!:!:::::!:!::::!!:::::::::::::::!:::::!::::i:::!!::!!!:::i::::::::!i:::!!:!:::!:i:!!i:!:!:!:!:::::::!::::::!:::!::::::::::::!:::::::!::::::::::::::!::::::!!:::!!:::!:::::i::!!!!::!:!:!:!:!:!:!::::!:::::::i:!:::::::!::::::!:!::::::::::::::::::::::::f'::!fi::::!i::::::::!!!:::i:!::!!::::::!!::!::!::::m::::::!::::::::!:i:::i::i:::::::!:!::::::!:::::i!!i:j~i:i Fed Aid, Community Development Act 45,000 CD491 0 0 !9r~Wf.j!]W:!:!i:ii::!!:::!:::::f::::f:!i!!!!!::::!:!!!::!::!:!!:i:!::i!i::i!:ii!:::::::!:!::!::::!:!:i!:::::!::::!:::!::::!:::::::!!:::!!!:!!!!::!!:!:!:!!!::!!!:!:!!:!:!!:!!!!::!::::::!:!!::::::!:::::!:::!:!!!!!:::!!:::::!::::!:!!!!:!!:!!:!:::::!:!:!::!i:::I:::!i!:::::!:::::::!:!:!::!:::!!:::::::!:!!::i::!::I~Wjj:!:::::::::::::!:!::::!!!:!!::!!::::i::::::!i!:i:::!!!::::::!::::i::::m!:::!:::!:::!!!::!!::::i:::i:::!:!:::!::g,!:: I9r~::i!$~n~~:!!::!:::!::!!!::::!:::::i:!i::i::i::!::::!:!!::i!!:::i!:!::!::!:!::!:::i:::!!:::!:!i:::::!::!:i:::::!:::!::::::!!::!:::::!!!:::!i::::i:I:::!!::::!:::::i:::::!!::::::!i::::i:::::!::!!:t!:::::::::::::i::i:!:::::::::i::::::!ii:!:::::::!:::::::!::ii::::::::::::::i:::::!i!::::!!:t::!:::i::!:::!:::!!::ljli~!:::::::::::::::::i:!::!:!::::i!:::!::!ii:!:::::!!:::::!!!:::::!!:!:!!!::!:!!:::!!:::::::::::i:i:ii:::!::!:!::::::~,:i: .. Interfund Transfers 0 CD5031 0 t9!'4::J.\i.'~9,rnUtrnijl!~~!!!:!:::!!!:::::::::::::i::!::i:::::::i:::::::!:::!:!!:!!!!:!:!:!!!:i!!:!::!:!::!:!!:::!!!::!:!:::!:::!;:::::::::i::::::::i:::::::::i:::i:!:::::i:::!::::::::i:::i:::i!:::::!::i::::::i:::::::::!i::!:::::!:::::::!:!!::::::::!i!:!1!::::::!:!:::!:::!:::::::::::i::::f:i:!!!!!:::::m:::::;I:~f::::::::::::::::::i:!:!:!:!!!:!:!!!!!:::!:!:::!!::!!!!:!:::i::::!!!i::!:::!:::::i:::::::i:ii!:::i:iii:!:!:!:':::!:i@: T9!~@liji.r:~9,~I!:!::!!:i:::i:::!:::::::!i::::::::::!::!!:::!:!:!:!:::::::i:!:i:::!:::::::::::::!:!:::!:::!:::!:!:!!:!!!!!!::!:!::!::::::i::!!:::::::::i::::::::::::::::i!:!:::!:!::::::i;!::::::::i::::::::::::::::!:::i:!:::::i:!:::::::::I::::::::::::::::!:!:i!!:!!::::!::::!:::::::::i::::::::::::::::::::!!!::::!!!!::!::!:::!::::::9::i:::!:i:::::::::::::::::::::::::!:::!:!:!::!!!!:::!!!!i::!i!i!!!::!:::miii::::i!i::::!:::::::::::::::{:!:!:!::~::: I9t~::iiWIHII~!I:IJ~:!.r:i~H.::!::::::::!::::::i:i:::i::::::i!:i:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::!::::::::::!:::::::!!!:::::!::!::::::::::::::::::::::::::::!:::::::!::!!i::!:!:!:!!f:jIB::!!:!::::!!:!::!::t!:::::i:::::::::!:::i:i:!:!::I::!:!!:::!::::!:!!::::::::::i:i!:::!!!i!:!!!:!:!::i!ii:i:!~,!:: .. .. Page 23 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (CD) SPECIAL GRANT Results of Operation t~i;:~m.i:i:tti:iiti:i:i:iW:i:ilti:i:if:Niliiltti:ti:iw:tmt:t::ttilf:i:ttttt:t:tli:i:i:::i:i:i:i:::i:if:i:ili:i:i::::@tt@i:Nttitliiiiiiiiiii;iiiiintttili:iDii:iffli:tIM@iilie~i::it:mit::::::r:tigittMJiiiiirl Detail Expenditures And Other Uses Spec proj For Elderly,equip & Cap Outlay 63,344 CD86702 0 t9Ii~t!PI::mN.::f~fi.,ij~~!,,:::::::::::::::::::::::::::::\:::\\\::::::::::I::':::::::::::":::::':':::':::\:':::::\:\):I):::::::::::::i:::::::::::::t::::::::::)::::\:::\:\:::\:::'\::\I::):::\::\)::::\:\::):::::)\)\\::\iii:::::::\:i\:'):I:'\\::::):::)\\\::\\::::):\:::::\::::::::::':g;Mf:::::'::\'):):::::::::::\\:\i\::)\:::::\:\:::\:::::\::::::::::::::\:\:\:::'::::\::::\:::\::::::::::::':':':::::::::9,::: TRIf:mlill:Affltlp,_'!BI::\:::::::\:::\\::::::::::\:::\::\\::::\\)':':::::::':::::::::\)\\:\\:::::\::::::::::::\:i::::::::::::::\:::::::::::::::::::::::::::\:::::\)::::\:::::::::::::::::::::::::::::::::::,:,:,:@,:::::::::::::::::::::::::::::'::ii::Si!it:::::\:::::::::::::::::::::::::::::\:::::::::::::::::::::::::::::::::::::,:\:\::'I@::::::::::::::':::):::::::::,::) I9IiMlliWijijJJ'::)::::\)::::::@::::::':i::::::\::':\:i:\::::):::::::\:::::::::::::::::::::'\:):::::::::::::::\'\:\,@:::::::::::::::::,:::::,::,::::::::,:\::::::::::::::\:::::\\::::::::@::::::\::::::::I':::::::::I::::I:::::::::::'::::::::::::::::::::::::::::::::::::::::::i::::::::\'::::::::::::;im:::::::i::\::::i:i:ii:iii:::ii\\:\::::::::i::::i::iI::\::::::::\::::::\:::::::::::::::::\:\::)\)::::::::::'::::::::~\ Transfers, Other Funds 0 CD99019 0 .. TRIf:ij::.rt!I:)trj?:!W~,::::::::::::::::::':\::\::::\\\:::::::::::::::::::::::::\:::::::\:::::::::::\::::\:::::::::::\:::':I':::::::\:\:\:::::::I::::::::\:::::::::::::::\:::::::::::::::::::\::::::\::::::\:::::\:::\:::::::::':\:::::::::::::\:::::\:::::::::::::::::::::::\:"::::\::::::::::::::::::::::::::::::::::1::::::::::::::::@@::::::':::::\::"\i:\:':::I:::\:\::\\::::t:::::::::::::::::,:::::::\::::::::,\:::::::\:,::: I9INdll!t!im!::::::::'::::::::::::::::::::::\\:\:\:\:::\:\::\:\\::\::::::\:::::\:\:\:::::::::':::::::\:\:\:::\:::::\:\:\\\:::\::::::::::::::::::::::::::::::\::\:::\:::\::::::::::::::::::::::t:::::::::::::::\:::::::\:\:::\:::::::\:::::::\:@::::::::::::::::::::::::::::::::::::::':':::::::::::::::\::\\:::i:::\:':\:::':':\:':':::::\:I::!::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::\:::::::":::':,'::':::I:\\::::::::::::~::' tBI~::~iI!i,::!e~~lfitl:M~::.t:~m:::::::t'::::::::::::::::\:::::::\\::'\\:\t::::::::t:::::::::\::::i:\I::::\\::::\:\:\:\:::::\\,:::'::::::I:::::::\::::::\::\\:::::\::::::::':\:::\::::::::\:'::',:\::'\::::\:::::::::::::::::::::::\Iill:::'::::\:\'\\::\:\\:i:::\::t::\::\:\:\\i\\\\\\I::\\:\::\::::::::::::::::::::::::\::\'::::,:::::::'::I:::::::~::: ., ., Page 24 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (CD) SPECIAL GRANT Changes in Fund Equity ~iiiii~.l:tili:ilifi:il:tiNii:fit:it:i:i:i:iii:ii::i:@:::iiti@i:iii:iii:i:i@i:i:itm:i:iji:iljilf:Wt:UWijtmWli:l:lWltlMlfiii:i:M!llt\i:t::ijtiii:ij:i_ittm::iiflWtjMl~it:m:ifit:fff_:::f:tttti! ANALYSIS OF CHANGES IN FUND EQUITY ADD-REVENUESANDOTHERSOURCES DEDUCT - EXPENDITURES AND OTHER USES 18,950 18,950 45,081 63,344 687 687 687 21 o 708 .. ., . Page 25 OSC Municipality Code 130386800000 ,. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 .. (DB) HIGHWAY-PART-TOWN Balance Sheet .iJmiMii.iiltfJii:ti~i@llmIIIltiiii@titiiiii@:@:~:gJ:!lIlIJ@t:~:i:~:@:t@IlmJ@:11mmi:ii:~:~:tM:t:~l11~llt@::ilil:~:~:@:~i@lI!til:ti~tii~OO~tt:ttt:ll:tilji_ti:lItttt@t:~_t~:~ti:tit:l Assets Cash OB200 Cash In Time Deposits 106,433 OB201 54,353 t9IM:gi~~:j:j:j:j:j:j::::::::::::::::::::::::::::j:::::::::::::::::::::::::::::::::::::::i:::::::::::::::j:::::::::::::::::::::::::::::::j:j:::::::j:::::::::::::::::::::i::::::::::::::::::::::::::::::::j:j:::::::::::::::i:::::::::::j::::::::::::::::::::::::::::::'::::::::::::':::::::::I:j:::j:j::::::j:j:i:j::j:::::j::::::,::al~ig::i:::::::::::::::::::j::::::::::::::::j:jj::::i:::r:,::::::::j:::::::::::::::::'j::::::Il,lR:: Investments In Repurchase Agreements 0 08451 0 !9IM::m!MJlifl:::::::::::::::::::::':::::::::::::::::::::::::::::::j:::::::::::::::::j::::::::::::::::::::::::::::::::::::::::::::::i::::::jji::::::I:::::::::::::::::::::::j:jj:::t:::::::):j:::::::::j:::::::::::::::::::'::j::)::::::::::::::::j::j:::::::::::::::::::::::::::::::::j:::::::::::::::::::::::::::::::):::::::::::::::::::::::::)I:::::::::::::::':::::::'::::::::::::j:::::::::::::::::::::::::::::::::::I::j:::::::::::::::i::::::::::::::::i:,:::: Accounts Receivable 4,228 DB380 1,197 !9fli:Pm!~::ilm~.f:::(ilt:::::::::::j:::::j:::,::::::::::::'::):)'j:j:)::::'j'::::::::::':::::::i:::::::::):::::::::'::::::::)::::jii):j:::::::::::::::::::::ii::::::::::::::::)::::i::):::::::::::':::::::::::::j:::::::):::i::::::::::::::::::::::::::::::::::'::::::::::::::::):::::::::):::):::jI48::::::::::j:::::::::::::::::::::::::::::::::::::::j:::j:::j,::j:::::::::::::::::j::'j,::j:::::::::::~~1:!?:::: State & Federal Receivables 472 DB410 0 !9IM:j!!!,:I~::I,~i.:IUmm!f~,,,!::::::::j::::)::::::):::::::):::::::j'::':::::jj):::::ii::::::::::::":::i:::i::::::::::::::::::::::::::::::):::):):::::::::::::::::::::):::i:):::j:::):::::::i:i:i:i:::::i:j:::::::::ji:::i:'j'i't::j:::::::::::j:::::::':::::::::):::'U::::j:i:::::::::j:::::::::i::::i::::':i:i:::j:i::::'::':::::::::::':::i:::::)::'::::::::):):j:):i::::::::::,:::::::,::i: Due From Other Funds 0 OB391 118,000 !9IM:i!~!:I~~ijlgri!.::::jt:::::::j:::::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::j:j::::::::::::::i::::::,::::::::i::::::::i):::::::::::j::::::::::j::::::::::j:::i:::j:::::::::::::::::::::::::::::::::::::::::::::j::::::::::::::::::::::::::::::::::::::::::::::::::::::::j:::::::I:::::::::::::::::::::ji:::::::::::::::':j::'::::j:::::::::::j:::jj::j:::::::::::::::j::::::j,:"~!I9:::: Inventory of Materials & Supplies OB445 33,360 !9IM::m",BII:::::::::::::::::::::::i:::::::):::::::::::::j:::::::::j:::::::::::::::::::::j:j::::::::i::::i:::i:::::::::::::::j::::::::::::::.::::)::::j::::::::)::ii:::::)::::::::::::::::::i::::::::):j:::::::::::):::):)ij:::j:i:j:::::::::::):::::::i:::::::i:::::::::i:i:i:::::::::::::):::::::i:i:::::::::i:::i:::):::::::::::::::)::::::::::::::::::,:::::::)::):::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::j::::::::::::::::::::!I~ll::::: Prepaid Expenses 4,275 OB480 19,493 .. .. Page 26 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (DB) HIGHWAY-PART-TOWN Balance Sheet .. l~iflMti1I.ft~~~~~~~~~~~~~~~~~tr~~~t~~~~~~~lt~~~~~~~~~~t~~~l~~@mt#lM}tftltt%t~~:@:~~~:~l:~~:::::::i:i::::Mili~~~~MW#!:~~@&W:~t11MW~::t%lil_~M*n*11@.~~~t~~~m~~~~~~~~~~~~~~t~~~l~'Dtt:~f~~~:~~f~~~~~~1 Liabilities And Fund Equity Accounts Payable 7,795 OB600 109,141 ]Plf~::lIeHn!i:!iM.~:::::~:~~:::~::~:~:::::::::::::::::::::::::::::::~::~~~:~:~:::::.:::::~:::::::::::::::::::::::::::::::::::::::::::::::::::~:::~:~:~:~~~:~~~~~:~:~:~:~::::::~:::~:::::::::::::::::::::::::::::::::::::OJ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::~~:::::::::::::~::~:~:::::::::~:~:::tl,tl:::::::::::::::::~::::::::::::::::::::::~:::::~:::~~::~~:~~::~:~::~~:~:~:~:::::::::::::::::::::::::::::::::,I\:1i1:: Accrued Liabilities 3,202 OB601 10,548 m9II~::llwl::~!iil!'ffl!:::~:::::::::::~~::::::::::~::~~:::::::~:~:~:~~~~::::~~:~:::~::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::I::::~:::::::::::::I::::::::::::::::::::::::::::::::::::~:~::::~~::::::~::~:~~~:~::::~~::::~:::::::::::::::::::::::::::::::::::::::::::::::::::::::~:::::::::::::::::!ij!:::::::::::::::::~:~:::::::::~:~:::::::::~::::::~:::::~:~~~::::~:::::::::~::~::::::::::::::.~:~:::::::~::~::::j9,;M!~ Oue To Other Funds 1,471 OB630 65,244 Unreserved Fund Balance Appropriated 50,000 OB910 0 t9rj;::!~..::fl.::I!iI!::f:l.~i~ip,.:~::~:::::~:::~::~::::~:::::::::::::::::::~:::::::::::::::::::I::::::::::::::::::::~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::~:~:::::::::::::::::::::::::~f:~~I:~:::~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:::~:::::::~:~::~~:~::::::::::::::::::::::::::::::::::t: Unreserved Fund Balance Unappropriated 52,940 OB911 41,470 ]9I@::!rti!W:I::IIUI!iIl::f:::gMm&titN.!~t::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::~:::~:~:~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:~::~~~~~::::::::::::::::::::::::::::::::::::::::::::::::,JjII::::::::::::::::::::::::::::t~:::~:::~:~::~::~~~::~:~~~~:::::~:~:::~::::::::::::::::::::::::::::::::::::11;,19: ., .. Page 27 OSC Municipality Code 130386800000 tII TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (DB) HIGHWAY-PART-TOWN .. Results of Operation ~lm.i~~~R~~~~~~i~~lttilttti~i~iiit~i~i~ittltttttittt:t::::i:::iiiit1:tt1:it@i~i~i:i@::~~~~~lti:i:ttttittttt:::~i:tMtM:::Hiim%lMliH@tiltt~t@::::i:i;::i:imi::~tiij~:i:::mn::tttttla:tt:~titJ Detail Revenues And other Sources Real Property Taxes 1,530,825 DB 1001 1,592,748 r9t.~~]\III.IWt~I::~:~:::~:~:~:~:~:~:::~t:i:i:::::::::::~~::::::::I::i:i:::~:::::::~:~:::::::::::::::::::::::~:~:~;::~::::::::~:~:~::{:~:::i:::::::::::::::::~:::~:~:~:::n~:~::::~:~::!i::::::~:~:::::~:::~i~:::::::::i~::::::~:::~:~:~:::::::~:::::~:::~:i:::::::::::::~:~1~!M~!I::::i:~:::::::i!i:i:::::::::~:::i:i:~::::i::~::::::::i::::i:i::::::i!i::::~:~::::::j:;~~!M::: Transportation Services, Other Govts 5,377 OB2300 2,596 %9iig]il~w.ij_~i(~I.!::::::::~i::~:!:::~i::::::::~::::::::::::::::::!:~:::::!~!:!::::\::i:~::!:!::::::~!::::~:~:~:::::::::::~~r:::::::::::::::!::::::i~:U::::::~:::::~::i::::::::::~:::::::::::::::~::::::::~~:::::::::::::::::::::::::~::::!:::::;::::::::::~:::::!;~t::i::~:::~:~:::~:~:::~:::~:~:~:~:~:::~:~::::;':::~::::ii;~:::~:~i~:::~:::::~:::~:::::::::::~::i:::!'!M::~ Interest And Earnings 9,698 OB2401 8,305 Tqit~i@:~I:i@j:MIi,,:e;MHff..!i::::::~:::~:~:~:~:~:::~:::::::::::::::;;::t::~:::::~:::::::i:~:::~::i::::~:::::~:~:~:~:::~:::::::~:::::!:::i~~:::::::!::::~:::::~:i:::~:~:::::::i:i::i::~:~:~:::::::~:~:~:::i:::::::::::::;::i:!:1::::~~::::j~:::)::::~:~:~:::::::::::::~::::!~g:~:~::::::::::!:::~::~:::::!::~:::::~~::!:::::i:i:::~::::::::::::)::::m:::::~:~:::::::~:::~::i:!l.~~:~: Sales of Equipment 116 0 B2665 0 Insurance Recoveries 578 OB2680 2,695 t9ti~::I@)~:rm.::~i!::!.i!l!e!::f;N;m::!:~:::::::::!:::~:!:jj:j::j::j::j::::::j::~::::::::::!j:i::::j~j~j:j~j~j~j~j~::~::~j:::jjj:::::jj::~::jj~jj~::::jj~:~:~:j:i:j:::~:j:j:~~~jj::::ji:::j:~ji:i:i:::::i~::~jii:::::j~::tll::~::!:j::i:~!::::::~:::jj!i:::::~:~i:::~:::::::::::~:::j::iji:m:!j~:::{:::j!:::ij:jjj::::i:ij:j:ji!l~jj Unclassified (specify) 59,996 OB2770 3,838 t9r.ii:jMJ..~~Ig,i:tlit_I::::j::~:~:::::jjj:~:~:~:::j:::~::j~:::::~:::::~::j::::::j:::~:~::i::~:::~:~:~::i~:~:~::::j~:~:::::i:i:~:~::jjj:j:ijj~~~j~j~j::::~jIf:j~jjjjj:j::::::j:::j:=:=jjj~:::~jjjIt:~::::::~:::::j:j::::i:::::I:I:=:::j::jjjj::jIIJiI::::Iji:::::::ii::ijj:jjj:tjijiiijIi:j:j::::j:jjj:::jijj::::::j:j::=i:::::jjjj::j::::::::::j~I~'M::j St Aid, Consolidated Highway Aid 104,536 OB3501 104,534 t9f.i~~:III:j@i::::::~:::::~:~::::::::::::r~:~:::~:j:::j:::~::::j::~:~::::j::i~::::~jj:~:~:~ijj~j::j:j:~::!::~i::::::~::~::::::~::j:::~::~:j:j~::~:~:~j::::~j~:::~j:~::~:jjj::i~i::~i:::::::j~j~j~j~j~j~:~:~:~::i::::::::~:::::~:~:~:~:::~:~:~::ir::r:tti:iI~:::~:~:~:~:::r~i::::::::~:::::::::~:::::~:::~:::a.I~:i:::~:::~:::~:~:~:~:~:::~:~:~:~:~:~:~:::::~:~:::::~:::~:~:::~:~::::::~~:::~:::::i:~:~:::~::~11$.1;:: r9f.iM,!!!~I:~IjI:::::j::~j:j~:~j~:~j:jj~~:::::::~::::j:j~:I::~j::~:I~::::::~::~:::~j~:~:~j~:~jj:::~:~:~:!:~::::::!~tt:~I::::!~j::jj~j::~::j:j::::::~::!~:!:I~j::~:i!i!!Ij::::::~:::~i~:~:::~:i:::r~:i:i:~:~:~:~:::i:i:~:i:~:iiiii:~:~:~:i:~:~:~::j~:~:::~:~:~:~jI~j~j~:I:::j::~:!::j::::i~::::~~t~1.~!a::~:~j::::~::::j::::::!::!:::j::~::::j~j~j:j~j~j~~::~:::j:j:::~j::::ij:j~I:~:ij~j:j::~1:rnl~fM::: Interfund Transfers 100,000 085031 160,000 rqtMl:mt'ffqM:~I9.ij.::j~:~jij:j:j~jj::Ij::~:j:~:iji:i!::i:i:::~:::~:::~:~:~:::::~:~:~j::~:~:~:~:~:::~:~:~:::::~:::~:iji:::::::i:ri:::~j~:~:ijiI:i:::i:~:i:~:i~it:~:~::::j::::~::::::::::!:i~::!::::::r::::::::::~:::::~t:::::~:ii:::::~:::::~:~::::~:::ri::I:jji:~::jj::::::!:a~m~i::~:it:~jijitji:~:~:ijiji:~:~jiji::ji:i:ijij:j::i:ij~jjjijij~:~jiji:~:~:~:~::jiI:ijij~1Ig~~6:~: t9r.i~!:mi!MIl!OO!i~:jj::::I~:jj:jit:~::::j~:::::~:::::::::~::~:::::::jjj~:::j:i:j:i~:!i:~~::::::::::::::~j~:::::::::::~::ji:~:::I~::ji:Iij::i:ii::i:::::I~:~:i:i:::::~j~j:j~:~::j::~:~t:IiIjIij~j~j~:~:~j::::::::i:::::::itji:::::~j~j~j~j~j~j~j~:~j:::j~::::::::j~j~:~j~j~jij::ij:::::a~~!ljij:j~:~:~j~:::~:~j~:~:::~::j~:~:::~:~tj~:j:::::::jjI~:::~:~:::::::~~::::~:!t::::j~:~11f.~~W!~j: iqf:iI~j!lm::~~lml~I!!:.M~9.Htl!:j:::j:ji~::~:i:~::~i:jjjj!jj::jj:~::jj:::~:j:~jijij::~I:i:jj::~j:j:j::~:~:~:::~:~::::::~:~jj::::::~j~:::~:::::~:jj!!!~i::!:::j:::::!~:~:i::j~::=~:ij:::::j~:~:~:::~:::~::j~i~:~::::~~:~::ii:I~:~j:j~M1.aa~j~:~:~:::~:::~:~:~:~:~:i:::~:~:::::~j~:::~j~:~:~::::j~:~:~::j~j:::ii:::::ij~i:::ji:~::1:iitil.f~1:~j fill .. Page 28 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (DB) HIGHWAY-PART-TOWN ., .. ., Page 29 OSC Municipality Code 130386800000 11I1 TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (DB) HIGHWAY-PART-TOWN Changes in Fund Equity ~iai~~@ij_J.#@~!~!@~l;,#tt!~:::!!!~~!~!~~~~~ttt!@!!!ttt~!Wlmt~lt!t@~:i:i~iI~~~i:itt:t!t!t!tttt:!~tl!:t!t~~~~~:::~l~l~M@tWt!:ntttitt_@im~t1IWlg_i!t:ntltt!t!~t!t:@~!!!!~H ANALYSIS OF CHANGES IN FUND EQUITY Prior Period AdJ.- Increase In Fund Equity Prior Period Adj - Decrease In Fund Equity 162,948 16,000 DB8012 o DB8015 178,948 1,811.126 1,887,134 102,940 102,940 ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 102,940 1,874,716 1,936,186 41,470 . - ., Page 30 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (OB) HIGHWAY-PART-TOWN Budget Summary tliili:~~liWflt:~f@mI1t~l:ttW11%1:1!:~:~:1:tl:~:~:~:@:@:@f;Mllmf:._11m;1Wml.t_lm~mmlUM.Witi1_fHM~tt:~m._ttm1l1tA'~'lilrmmml Estimated Revenues And other Sources Est Rev - Real Property Taxes OB1049B 1,592,748 1,592,748 0 Est Rev - Real Property Tax Items OB1099B 0 0 0 Est Rev - Non Property Tax Items OB1199B 0 0 0 Est Rev - Oepartmentallncome OB1299B 0 0 0 EsT. ReV. - Intergovernmental Charges OB2399B 1,500 1,500 0 Est Rev - Use of Money And Property OB2499B 10,000 10,000 0 Est Rev - Licenses And Permits OB2599B 0 0 0 _ Est Rev - Fines And Forfeitures OB2649B 0 0 0 Est Rev - Sale of Prop And Comp For Loss OB2699B 0 0 0 Est Rev - Miscellaneous Local Sources OB2799B 0 0 0 Est Rev - Interfund Revenues OB2801 BOO 0 Est Rev - State Aid OB3099B 0 104,534 104,534 Est Rev - Federal Aid OB4099B 0 0 0 19Ii'::I1!Il~jl:M!I~I:::::::t:::::::::r:::::::::::::::1:::::~::::::::::::::::::::~:::::~:::::::~:::~:::::::::::r~~:::t:::::::::::::::::::::::::::::::::::::::::::::::::::::~~~I.r::~~:~::::::::::::::::::::::::~:::a:'I,:'~jj::::::::::::::::::::~::I:::::::~~~:~::::~9:f;.:::1:::I:::::::::::::::::::::::::::::::::::::::::::::::::~:: Estimated - Interfund Transfer OB5031 B 415,000 260,000 -155,000 Appropriated OB511 BOO 0 Obligations Authorized OB530B 0 0 0 Estimated - Proceeds of Obligations OB5799B 0 0 0 Appropriated Fund Balance OB599B 50,000 50,000 0 ., .. Page 31 OSC Municipality Code 130386800000 ,. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 ... (DB) HIGHWAY-PART-TOWN Budget Summary Ii.o>:;j;';jj.......~li:ioli.i.~:.:.:.;.;.:.:.:.:.x.:.:.:.:;.:.:.:.:.:.:.;.:.:.;.:.:.:.:.:.:.;.;.:.:.:.:.:.;.:.;.:.:.:.:':':':';';';':':';';';';':':';';';';'l~:';'''''~''''~#~:;:;:II;;;;:;:;;;'r"""''';;:;m~'I''~!-;-i::l~'!::;:;:":;If.;;:;:;;;:;'!i:i~i'I'j~'j'j'i,::;ilM:'!'!';';Jl:'!';';';';';';.lE...............;;lllit,;;;~.........................;.;.;.;lE.....::iI::i:l..........,i.'."'i.;.!.'M=!';'!';';';'j";';';'1 ~~":;~~:"!;!1;"I!;~f;:::;:;:;;;;;:;;;;;;:;:;;;:;;;;::;;:;::;::::::::::;:::l:::::;;:;;;:ii!':::;::::::;;;;;::::;:::::::::::;::::::;:~::::::;:::_E;;;;;II;.~~~t;_:::::t~I~.;~:mLi::::::;:;::!'oo......:~,*-~ii:iiii:iii~!;i;i;i;l:;i;i;~"m~::i;li:i:m~i:i;i:m~~~i:~:i:iii. Appropriations And Other Uses App - Transportation DB5999B 1,504,250 1,404,984 99,266 App - Home And Community Services DB8999B 0 0 0 App - Employee Benefits DB9199B 342,362 398,162 -55,800 App - Debt Service DB9899B 222,636 215,636 7,000 ]9!i~i:m#i_~II!i))))i::))i:))):::::));:ii:::::i::iiii:::i:i:::::i:):::::):)):)::::::::):::::::::::::::::::::::t::::::::t:)::::::::I:::::::::j::::j)i::::::::::::):::)t)):iii:)ii)))i))ii):I&IBij:::::):):::):)::)))))::):):::::)::::)::j,;~1i;dii:):i:))::I')::)):::i:::))))):)j):)):))j:))~~;g,i):i):::i:)ij:::).))):))::::::))))::i)):iii:))))~: Other Budgetary Purposes DB962B 0 0 Interfund Transfers DB9999B 0 0 .. .. Page 32 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Balance Sheet ~jf~RIItt:tiim:@m1t:I:ltI:::tttt:r:::i:::il1::I:t::::til1t:::1i:ltMM:::t:::@:t:Ml:!:1~~:1t@:::@iiltl:l::til:::fI!iIm::IIIil::alI:::I:m::::In::@~j'j_M::I~:::II::I:::I_m:jt::::::1:1 .. .. - Page 33 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Balance Sheet ~i:iQ~fJiW~i.llif!!!!!:~!!!:!fi!!!H@tm}Htilt!i!!!!ltt!!!!!!!!!!!!t!!!!!!!!t!!!!!!t!!lM!::!!j!!!ji!!~i!j!i!!!!!!!W!\l!ii!!!!!!!!:~!!~!!!!!!!!!il!!!!!!nM:!!!!!!!!m!r!ftt!!i!!!!!!llW@illla!!t!!!~!!!!!!!!!::!!!!!!!ll!!!!!t.~li:i!Ht!:i::t!!!j!!lflbMMf!t=i!i!ttl .. ., .. Page 34 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Results of Operation 1lj1'i~P.fi@_tti@i@i:t:~tti::t::t!:tJ::i:it:i:ttttJtt::!!!m!:it:i@ttitttti:i@i@l:!:!:!:!:i:it:tWWlliti{iiiM:i:i:itIM!@tMt!.mli:i!j~!:i:i:itWtl$)tif!iij:ttll!ttg.jt:!tll:J!:!:t!:lit:li_ttt:ti:tM .. - ., Page 35 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Results of Operation IW~m1iWft.:~:lft:r::t~:::::~:~:~:::t:l:@:@:~f:l:~:@:r:ff:t:~:~:~::ftfm~m~:r:::tt:r::@:~f:r::~:r:::1:::::~tWt:::@ttm::::t:::::::::::l:::~:~:~fMflf:M:::m:m:~:~::ft:r~~:::::r:::::~::fHr:m~ltI.l:l.Wiftnft:~:rr::::.'f:l::rr:f:l .. ., ., Page 36 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (FX) WATER Changes in Fund Equity IBifJimi$.mm.i~it:mtlttm:::~i:::i:::::t:@i:tti:t:::t:::i:::l:1tttlt:1:t:tt:t~i:::::iji:::i:1::::@ttt:tt@tm::::::::::i:::j::::ji:::::i:t:::::t::ittl:ttti~lWt:it:::i::~:~:~::It:ttiHI:t~:il!li_i.:tmit:ittt~t~tt:tj::i~i:n ANALYSIS OF CHANGES IN FUND EQUITY o o o o o ... . . Page 37 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Budget Summary ~fflI!T?',:;:j;ilml~liifiTnTrrr"""""""""""""'"................................................................................lr.~.~.lll:J>l....lr.........~..I:.~':4;.........I[rmrr'*~frmWf~TiTi]r............;;<~:j;................................l[~W"............>i..?'nTI :::~~i,~. : ::. '. .:. .i,i,i,i,f!,~,i;i;i:i;i,~:~,~:~;i:i;~;~:!;!,!;!,!;i;i;!,!,fi,!,!,!,!,!,!,i,!,!,!,;1,!,!,!,!,i,!,!,!,i,!,!,!,!,i,!,i,i,i,!, !'!'~:. .:~~!f:'; !,!,!;i:!,Si<t.I'. :....;,~@!,!, :!,!,!;i'!;!"'!lIIiffl:I:IP.~!~!'!'!;~!;!: ;i;!;!;i:i;i,!;~,,~~!,',;,!,f!;' r':ci~lm~!:~,!;;,: .. . . Page 38 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Balance Sheet ~jJfj,~j.Iit:::::::::::::IIIIIiI::::I:I::::::::IiI:I::i:iIII:::::I::iIIIIIIIIIIIII!I:ltl:~:~:t!:i:II:::::;~:~:~m:::::::l:~:~mtI!I:It:l:~m~m:~~@!III:~:~t:i:ilwJ.I}tIt~:@Wt~!i:J.~t::Htttt:@i!_::II::t:mm:l .. . . Page 39 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (H) CAPITAL PROJECTS Balance Sheet .. .. .. Page 46 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (H) CAPITAL PROJECTS .., Results of Operation IWi~:~_l:l::tt:~tt:@:tlJ::::l::t:::::ttt:::::@r:Mt::m::::j::::tmt~jlj:jtl::::m::::l:ltt:~m:~:::tHtt~:::lj:jitmt:::::::Ml:f:j:t::::mtjNr::ntm:m:::M:::~:::j:tj:jjMlIlttjiiimimitJ!:ttttj:t@jjt:::ttlJ Detail Revenues And Other Sources Interest And Earnings 73,946 H2401 58,420 IQTj@yl]!:M~i::~i@::I.ij~~~::::I:~:::~;:::::;:::j:::::::i::~:~:~;::;:;::::;:;:;i;:::;:;:::::;::;;:::~:~::~~::::::::i:::::::::i;::::~::::~:::;::::::::::::i:::::;::::::::::~:::::::::~::~:::~:i:~:i::::;:::::~::i::~:::::::::::~i::::::i:i:::::i;::;:i::~~::?:i~~:d~l~t:::::::i::::~:::::::;::~~~;~::~~~~::~;j:::::::;::::::::::::i:i::::::::~i~~~:~:::::::::~i:\~j~~~:: Insurance Recoveries 719,784 H2680 277,749 19tIY::lm::I:m!~ijl::lijij::q_nm!~~::f!::m:::@:i:~~~:::::i::::::::':::j:::::~::;::~:~~~~:;:~:i:i;i:~;;:::ij:::::;::i::::::::::j::i:~::::;:::::::~::::::;::~i~::::~:::::::~:::~:;~:;::::::~~::::::~:::;~::::::::l'!~trf~~:i:::i:::::::i:i:i:::::i::j:;::i:!:i:::;:ri: :~:::;::::::::::::~::::t:~!t~!;W:~: Refunds of Prior Year's Expenditures H2701 46,993 Premium & Accrued Interest On Obligations 0 H2710 0 Unclassified (specify) 361,250 H2770 45,000 mr.Ii::M~.~ill:'"!:i!Mlil.(::::~:::i:::::!:::::~:::::~::::~~:~~:~~::~~:::::~:::::!::::::j:::::::::::::~:;::::i:im~::i:::~:::~:::::i:::i:i:i:::i:i:::::i:::~::::::~::::~::::::::::::::::::~::::::~:~~~:i:;:ii::::::i::::~:::::::::j::::::~jjji~::~~~:i::::::!!1i!M:i:::::::::::i:::~::~::~::::::::~:::::::::::::::~:~~::::~i~::~:i::~::i::~::;::;i:(:::::::\::"~J,M:~: ST. Aid Multi-Modal TransP. Program 0 H3505 0 St Aid, Other Home And Comm Serv 81,900 H3989 0 St Aid, Natural Resources Cap proj 0 H3997 0 tq!Ii::!I~f:;I1:::::::::::~:::::i:::i::::::::::~::::ij~:;::;::i~~::;i:i:::::::::::i:::i;;;::::::i:::i::::~::::::::i:::::::i:i:::::i:j:i:i:::i:i:::i:i::::::::::::;:j:;~:::::::::i::::::;i;i;:::;i;i:iji:::::i:i:f::::::::~;:::ji:::::::i::::::::~:;i:~:!:::i~:::::;::i:::i;:::~::i:::~:::J;:i:i:i:i;i:i:::::::::~:::::::::i:j:i::;::I1~'I::::;j:i:::::::::::::::::::::::i:::::::::::::!:::i:;::::::~::i:::i:::::::::i::::)::::::::i::~:~:::::::::::::::::::::j::: Fed Aid, Sewer Cap Proj 0 H4990 0 Fed Aid, Other Home & Community Cap 8,250 H4997 93,900 r#:!f.@fiMf.i'::;Mr::;::::;I};::::;::i:::::::::::::::~~:~/:::;::::~:;:::::::::::::::::::~::::::;ij::~;:::;::::::::::::::::;::~::;::~::::::~:j:ji::::::i:::i::::::::::;:::::::::::::ji~:::;::i:ij::;:~::::::::::::::::@::::::;:::::::::::::::~:::::;::::;:::~::~::~~:::;::::::i:::::::::;::::~:::::::i::::;;::::::::::::::::il.l::t:::::::::::::::::i::::::::::~:::~~::::::::::::::~~::::::::::::::::::::::::~~:::::::::::;::::ji!AA:~~ !9t~MmN!9~M::::::~::::i::::::;;;;::::;i::::;::::;;::;;~;:~:;:;:::::;:;::~;:::;;;::::::::::i~::ri;;~:~:;:;;~:~:;:;~;:;:;::~;:~::::::::::;;::;;:;;;:;:;1::::;:::~;~:i;i:i:i:i::;i:i::;:;:;:;:;i:::;:;~:::;;::t;::i::::~::::::;:::i:::::::::::;;:::::::;:::::::;::::::::;~::::i;::;:i::~::::::::::::;:~:~::~:~:~i:~~lal:::::::;::~:~::::::;:;:;::::::i;:::::::;i;:~::;;~:~:~::~:;::::~::::::::::::::::::;;:~~:::~::~I*,ml:~ Interfund Transfers 42,546 H5031 84,000 !9r.i:W)9.mff.ijl~:f.m9..::::i~:::::::::::~::::::~:::::::::~::::::::::::::::::;:;i::;:;i;:;::;:::;::;:~:;:::::;;;;;:~i;:::~;;;;:~:::::;;~::::~::::;:;::::i;;;:;:;:;i;:;:;:::::::;:::::::j:~;;::~::;::~::::;:::;:::::;::;:::::~~:::::::::::::::':::::;::i::::::~::::::i:::::~:::::::::::::::i:~::::::;:;i::;:~~.::::::i:;::::::;::;;:;;~~I:~:::::~~::::::i:::::::::~;i::;i:::::::;;:::::::j::;:~:::::;:::::::;;!l.~!!::: Serial Bonds 2,254,000 H5710 0 Statutory Installment Bonds 0 H5720 0 Bond Anticipation Notes 0 H5730 0 Bans Redeemed From Appropriations 587,444 H5731 623,250 Tgiti'-:~ml.!::~fllllii:::::::;::~:~:':::::::;::i:i;:::;:;:::;:;::::::::::::::~~~::::~::::::::::::::::::::::::::::::~::::::~:;::::;:::::::::::::::::::::::::::j:::::::::~::~~::~:~~:::::i:;;::::::::::::::i:i:i::::::::::::~:~::::::;:::::::::::ij:::::~::;i::i::::::::::~:::j;'f~~.::::::;:;:i::::::;:;:;::;:::;:::::::;:;::::!:::::JI::Ij;:::j::::::::::::::::::;::::::u~m::j !9:r.IHll!ri!iilii!i!i:I)::::'):I!:::i:i!::::::!:::::::::::::i::::::::::::!:::::::~:::::::::;:~::::::::::::::::i::::::::::::::::~::::::::!::::::::::::::j:::::::;::::::;:::::::::::::::::::::::!j::::::::::::1::::::::::::::::i:::::::::::::::::::::::::i:::::i::1:::::::::::::::::::::::::::::::IIOilmt:::::::::::::::::::::::::::::::::::::::::::::i:::::::::::~::::::::::::::::::~:::::;::::::;,~t.~lD::: r9f:jKpil!f=imiY.l~'i:lii:.r:19ij.::::::::::::::::::::::::::j:::~::::::i:::::::::::::::::::::::::i::::::::::::;i;::::::::::::::::::~:::::::i:::::::;::::::::::::::::m:::::::i:::i:::::i::::::::::~i:::::::::::::i:::::::::::::::::::i:i~~1~11:::::i:i::::m:::::~:i:i::::;::::::::r::::::i:::;:::ij::i:::~::::::'::::::::::::::til!.~~l~::i ., ., Page 47 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (H) CAPITAL PROJECTS .. , 201,641 :: :;: ", :,,' ;:.: ::~'::':. ~:.,:. :' ~ :," . ,', ..: Transfers, Other Funds .. Page 48 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (H) CAPITAL PROJECTS Changes in Fund Equity ~.i~~mlUl1l..Jltilr:~i@!ir:!:!:!:!i!:r:!:!!!:!i!:!:!:!:!:!:!~!!!:t~:!i!:!~!@:!:rm!t:!:t!:tt!:!t:t!:!:!t@lll!!l:~t:r:!:!:tl!!!@:tr:!~!:!:~:!:!:ll:!:r:ltl:trtttt:!:wrtw:r:!:n.li:Mtt:lm!:::!:~J._i!:t!W:!ttit!:!:!:!lat!:li!tm!:H ANALYSIS OF CHANGES IN FUND EQUITY -2,219,026 Prior Period Adj - Decrease In Fund Equity H8015 -3,579,502 2,966 -3,582,468 1 ,229,312 3,388,243 -5,741,399 ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES -2,219,026 4,129,120 5,489,596 -3,579,502 .. .. .. Page 49 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (K) NON-CURRENT GOV ASSETS Balance Sheet 19.ilijJ@~@WM.t:H:::~j:I:I::tt::~j@j~jt:ttIIIIIII:tIIIIl:j:::I::IIjI:::jI:jjIj~m:tjt@II@;:ImfIm%i:I::@::::::ji::t::1:l:::t@::t::m:::tm::m:jf:ftliml:@:~:::~:::@1mw:jte.:jjIQtmm:j:tj~::i:tl::_IMIII@j Assets Land 6,549,550 K101 6,570,227 Buildings 7,421,156 K102 7,421,156 Improvements Other Than Buildings 2,909,956 K103 2,950,241 Machinery & Equipment 3,914,381 K104 4,250,861 .. . . Page 50 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (K) NON-CURRENT GOV ASSETS Balance Sheet ~lQtmrm~p'jj'qwt~~~~~tt:~:~:~t:~~~~~~~~J~i~itt~:~llt@~~:l@:ll:lt:~lt~~~~:~~~~t~~~@:~~~~~t1~:~lt~~~~~~~~iii@~t~~t~:~tt%l:l~~f~ilMt:~~:@~Mi~~~l~~~~~i~~~t;~I:;lNll~~~f~_~~~~~~~~~~~~~~~i~~~i~@illl:~:it."lfUfittttt~~~_i~~~it~~t~~~:~@@:~I Liabilities And Fund Equity Total Non-Current Govt Assets 20,795,043 K159 21,192,485 !9f.~]Jj!/'.:Am.(f9.nli:!i~li~~:~:::~:::::::::::::::::::::::~:::~:::~~:::~:~ii:::~i:~:~::::t:::::t::i:::::::::::~:::j:::i:::::::::~:i:~~t::::::t~ii:::::::::~:::::::::::::::::::::::::::::::j:::::::::j:::::::j:::j:::::::::::~:::~~::~:::::::::::::j:tIj::::'-,;r'l!e::::::::::::::::::~::::::::::::::::::::::::::::::::~::::j::::i~:::~::::~~~::::::::::::::::::::::"~~~~;!~i: - - .. Page 51 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (PN) PERMANENT Balance Sheet aM~.tIIi@:~:~:~1~:~:tIIi@ffm~:(tII!!:!iI:iII:i:i@:((lttr:~:t@IiI!IiIIIIII!@illf:t!tti:i~[:f:trfi@li[tI:i@:!!~f:!:!m~t@tt:~t!tH!$.{;llt@:IIIWI:ljjr-;.~!t:Uft:((!t:~~!m~:~:(:~::~f:~:l Assets Cash I n Time Deposits 85,178 P N201 65,587 f,RttM!!I:::::::::i::':~:::::::::::::::::i::i:::':~!':i::::i:::~:':::::::':::::::::::::::::::::i~::I:~::i::::i,::~:~:::i::::::~i:::::::i::::::::::::::::::::i:::::::::::':'~::'~:~::~~~:::~:::::!i:::i:::::::::::::::::::i:::i::::i:::~~:::::::'~::::::':~::::::::::~i::::::'::':':::::i::::::::::i:::i:::::::::i:::::,:::::::'::::ii'i:::I~~!m::::~::~~:~::~~:::i:i:i:::i::~::::ii:::i:~::i:ii::::::::::::::::::::i:i:iiii~::::::::::~i:~:!I.~!!:~:: Due From Other Funds PN391 1,296 f,RttMIHi::fmm~.r:.~::::::::::i:i::::::::::::::~:i::::::::::::::::::::i::::':::ii::~'~~~~:::~~~~::':~i::::::i::::::iii:::::~:::::::Ii::::i::i:::::i:j:::~::::::~~':~~:~i:~~:::~~:~:~~::::::i:::,::::::i:i:::::::::::::::::~i:i:::::::~ii:~:i::::i::::i~:::::ii:~:I:::::iii:i::i::::::i:i::::::::::::i:::::i~:I:::::::::~:i::::::::::::':::::::::::::~::::::::::::::i:::i::i::::::::::::::::::ii:i:::~::::1~,I:::: ]9ri':~IIIi:::::::::~:::::::::::i:::::ii!::i:i~::!::i::::::::::::~i:::::::::i:::::::::~::i~:i:::':::i::::::::i:::::::::~:~:~":~:~::::::::::::!iii::!::::::::i:::::i:ii:::::~::::'i':i:i~':':i::::::i::iiiI::ii::::i::::::::i:::i:ii::i:::i~!::,!iiIii:::::::::::~:::::::::::::iii:::::::i:::::::::ii:::::i::i::i:::i!::::i:::::::ii::::i:i::I~~~i:Ii:':':~~~"::::::::'::::i::::':::::::':::::!:::::::::::::::::::::,::::::!:i::i::::::::':i!j,fi::: .. .. .. Page 52 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (PN) PERMANENT Balance Sheet ti:iai~~$.ijiV~~~~~~~tfit~~~~~~~~~~~~~~~~~:~tt~t~~~~t~~~~~~~t~~~~~~~~~~~~~~:~~~~~~~~t~~~~~~~~~~~~~~l~~~~ll~~~~~~~~~~~~~~~~~~~~Htt~~~f:~~:ti@~~~~~~t/t~~~ii~ft~~~~/1~i~~~:l:~t~lft~~~~~~:t~t~ld!fttt~~:t~t~~:tfft:~~ttl!~~~~~~{qM.~@:t~lIffffftit'oo:4l~:tt~/tt:1 Liabilities And Fund Equity Unreserved Fund Balance Unappropriated 85,178 PN911 66,883 __II... .. . . Page 53 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (PN) PERMANENT Results of Operation ~Jjlit~_t:~:~:t::t:::fm:t:l:t:f::~t::::~:~lt:::::~:::m:~m:m:m::::~:~m~tti:~tt:~:mt:::f::m::t:::::t:rrrtMt:::tl:i~:~::~:ll:::::ll:M:~@:~:~:~::t:t:~~::t:ltrtrtll.W$.f:r:t::~::mll::I:~:::W1R5:::r:H::t~rtrrl9.Wtft~::t:~:~~~1 Detail Revenues And Other Sources Interest And Earnings 1 ,028 PN2401 770 t9!5.M!ij::9tM~)H~;I]tr.!){::::::::::::::IH:::::::::::::::::::::::::::::::":'::::::::::::":::::::::::::::::::::::::::::::::::::::'::::::::::':::::::::::':::::::::::::::::::::::':::::::::::::::~::':"::::::::::::::::::::::::::::::::::::::::::::::::::::::1~y.1::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::':,::':':':':::::::::::::::::::::::tt#.::: Gifts And Donations 8,610 PN2705 5,313 Unclassified (specify) 25 PN2770 1,587 tqr.IMM~I!M~!9~I:M.I!f_f'I:::~:::::::::::::::::'::"':::::::,:,:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:::::::J':'::":'::::'::::::':':::':::I':':':::::'::::::::J:::~::::::::::::::::'::::::::::::::::::::::::::::::!MI:::::':':::::::::':::::::::':::':':::::::f::::::::::J:::::'::::::::':::':::::::::::::::::::::::::111::' tqr.IM,~i'~9.I:::::::::::::::::::::::::~:::'::':~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::'::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::~~:~:':"'::::'~:::':'::::'::::::::'~::':::~:':':'~::,~:~::::::):::::::~::::::::::::::::::::::::::::::::::::@MH)::::::::::::::::::::::::::::::::::::::::::::::::::::':::':::::::::::::::~::::'::':::':':::':::"::::'!l.lr~::: t9r~~J~m,ll::Bi~~!i:i~~::.r:I~!wl::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::t:::::::':':""':::::::::::::::::::::::::::i~~g::::::::::::::::::::::::::::::::::::::::::::::::::::::::::':::::::::::::::::::::::::::::::::::::::::r.~im:' .. .. .. Page 54 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (PN) PERMANENT Results of Operation ~Wi!!~_rtf!~:!f:!j!f!~:!!~!!!mj!!mj:::!:!!!:!~!l::!~!l!~:m:!j!!:!~!~tftfm!j~fm~j:fjmjtm!m!:!m!:!:!mlftdd:mf!mtfmr!:l!:!!j!t!llm@jt~jtlt!jtt!tj!mjt:!m!:j:!:!:!a~t:!f:jjjtj~j!j~I!:!::~j~!:I~RWim~m:m!t:fm:tj!j_fttj:::!!~~J Detail Expenditures And Other Uses Other Culture And Ree, Cont Expend 3,783 PN79894 22,642 ]9!t.~::9m't:9~!Wm::ln~ttli~:~~~:~::~~Ii~j::~i~:~i::~:~::::~~:~:~:~:::jj:~:::i:~~~::::::~:jjj::i:i::~i::::::~:::::::~~~~:~:~~~i~:~~:i:i:~~:::~~:i~:::~:~::::!:::::~~~::~:::::::::i~~:~I::~!~r:::~:::~::~~::::i::~::::::::::i:i:::::::::::i:~::::::::::~::::::i::::::~:~::::::::::::~::~:::::jil!::i~~:::j~:::::~:~:~i:::~::::::::~:~:~~::~i::~::::i:~i:::~:::::::i::j:::::::::::i:::::i:::i::~::I~!~:~: ]9IfB]~~II::!ij!~~!9f,.::i:i::::::~::i:::::::::::::ij~:::::::i:::~::~:i:::i:::::::i:~:::::i:~:::::::::::::::i~::i~::::::i:i:::irr:::::::::i:::i::::::~::~:::i:~!~~~:i:i:i:i:i~::i:::::::jj~:::::i:i:::::::i:ii:::~::::::::~:~:::::::!~~:::~::::::~:~::::::::~:~i:::::~i::::~:::~:::::~!igl:::::::~::::~:::~i::~:!i:~:~~::~::::~~::r:::::::i::j::~i:i::::i::::::::~:~~:::::::i:i:::::~~g~13::: Mise Home & Comm Serv, Cont Expend 4,325 PN89894 3,323 t9IIM~~gJ100l![I::IR:.~~!@::~:::::::::::::~i:::::::::::::::::::~:~::::::::::~:::jj::::::::::::::::::::~:::::::I:::::::::~:~::::::::::::::::::::::::::~::::::i::::::::::~:::::::~::::::~:::::::::::::::::::::::j:::::::::::~:::::~~:!~~~:::::::::::::i:::::::::::::::::::::::::::::,i.I,:::~::~~:::::~::::~!:~~::i:::::~:::::::::j:j~::::::::i:~:::~::::~:~:::j::::~::::::::~~::::::::~~::~:!II:: IBltMijgmtj:II::~_::!&,ifi:i:i:i:iji:i:i:::i::!::::i:i::r~::i:i:::::::i:::::::::::~:::i::~ir~ir!::::::::::~:ir:::::::i:::::::i:::i~::i:::::::::j::::::::::::::::~::::i:~:i:::::::I::::::::i:::::::~:::i:::::::::i:::::i::~:::::::::~:::::::~:jiM'i::~:::~::!:ijf::i:~::!i:::i:::i:::::i::::::j:::::i::::~:::i:i::::::::::::::::::::::::::::::::i~::!?M:~~ T9IfflM~#ffll~~I!~::::::::i:::i:::::::::::::::::::::j::::::::~::::::::::~~::::::::::::ij:::~:~i:i:::::::::::::::::::f:::~::::::::::::::::::::::::::::::~:::i:::::::::i:::::::::::i:::i:::::::::::::::::::::::i:i:::::::::::::i:i:::i:i:i:i:i::::::::::::::::::::::ji::::::::~::::::::::::::i:i:::::::::::::iji~:::::::::::::::!i~l!jr::::::::::::::::::::::::~::::::j::::::::::~:~::~I~:::::::::~:~::::::::::::f:::::i:::::lffil:i: Transfers, Other Funds 0 PN99019 0 .. filltI::.nml/ttinlt~f:::::~:::::::::::::::~::::~:::i:::::::ij:::::::ji:f:::::::j~::::i::::::::::::::~::::::::::::::::::::i:::t::::j:::~:::::~j:::~:::::::i:::::::::::i:i:::::Ii::::;::::~:i::::t:::i::::::t:::::::::::::::::::i::~:::::::::::~j~~:::::i:i~:::::::::::::::::::::~:::::::::::::::::::::i:::!i:::::i~:~:::i::::::::::::::::~:::::::~:::::::::::::::::::::::::;i:i:i;i::::~i::::::::::::::j::::~:j::~::::::::j:i::j!~:: ]9i~M9I!~::!li::Ji::::!:::~:~:':~:~::j:~~:~~:~::~~:~j:~:~~:~:~:~::::::~:::::::::::::i::::~:::::::::::::::::~:::::::~:j:::~:~:~:::::~~~:::~:~~!:::~~::~~~:~::Ii!::~:~:::::::f:jI:~~::~:~:~:::~i::~:~:::;i~~~i~~~:~:~i~:~:r~:j:~:::~::::~~:::::::::~:~:!i!i~~ri::;:i::::;::::i:::::::::::::ij:::::~::i~:~::!!:r:!!~:i:i:::iji:i:ii:::9:::i:::::i:::::::::::::::::::::::;;::::::::;:::::::;::ji::::~:::;:~:::::~:~::::j:i!~~~r~::::::::::::::::i::::r::i!:i: IBItI~:IMi!!:i".'!!~~m!:Ii!]Hlt:!Ii::::::~:~:::~:::::::::~~:::::~:~::;::::::i:~;ij:::::;~::::i:::::i:::i::~Ii::j:::::::::::::~i:::::i::::::ii:i:::::::::::::::::::::i:i:::::;;;:::::i::::::::~:::~:ii:i:i:i:::::::::::::i:~:::::::::::::::i:::~::::~i!;1~1::~~:jit:::::i;i:::i::;::~::::;i::~::;:::~j::::~~~:i~i::::~::::~::::::~:::;:;:i~~~~~::::i:::::~!i!I:: .. .. Page 55 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (PN) PERMANENT Changes in Fund Equity lQi.!i:!liiilM!~:t:~ttt:~:~:~:@:i:!!:!1!:I!:it:lt~:@tt:l:@:~m@t:~t1~:~:~t:l:~t1t~tt:~~~1~1~m:~:~:~:~:l1~:~:~tt1~~~m1~1~:~ml1~:~:t~lt:~:~:lt:~\1M1l:~11~m1~1~1~:~~~1~:1I:~1~1~1~1~1~~:1~~~:~:~:_:t~:~~~~~:t!:!In:~m~:WJ._~t~:~Htt:t~t1t~~l:t~t:~:~:tl ANALYSIS OF CHANGES IN FUND EQUITY ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 83,623 9,663 8,108 85,178 85,178 7,670 25,965 66,883 ... .. .. Page 56 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SL) LIGHTING Balance Sheet Ii1j]l.fAA#:I_~:~:t:lrt:t:t:@:@Iir::ttt:::~:~:::@::!rllIIIIitt:~t:~t:@::::}:~:::tttgirrltm::~t:{m:Mltr:tttt:;t@!Ii:Iir::r::::rtrIlIIIIIim:_II::t:~:~:~:~:U~:~:~i$t..t:~I~t:@:~:t~::::t~~:::~t:~m~:~1~:tl Assets Cash In Time Deposits 10,208 SL201 9,210 .. .. .. Page 57 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SL) LIGHTING Balance Sheet t.~fd.~_iiM::iijjjm:ii~~~~~~~~!~ii~!!j!j!~j!l!!~~~t!i!!!!!i~~~!ii~il~~iij~~i~!i~:~:~~~:!j!j@Wi!!!t!!i~!!tj!!ti~!!!i!!!!!j!?f:t!?ttt!!ti!!!!!!~t!jN?!!!!!!!!!m!!l!!!J!it!!~:!!jj!!l?i!j!j!:!!jt::ji!!j!~!:!nt!!t!!!!!!!Wi!!!!!'~j!jttt!ti!t!ll!iiit!.lt~i:lit:!tW!!~!!!!!!!!!!!!!!!ttilliWlt!t!t!!!!!?!!ti!1 Liabilities And Fund Equity Accounts Payable 2,010 SL600 2,386 Unreserved Fund Balance Appropriated 1,320 SL910" ..................4,093 [9ti~!:ijiji!llifflid~~"ii::H;i,M~i,IM::::I::::)!:::!:!)!:!:::!)::::):::):::)::)::::):):):::::):::):::::::)::::::I~!~:!::!:!:!!!::!!:!:~:~:!:::::!:i:~:::!:::i:):i::ii::::::::::!::):::)!:::::~::::::!:::::!:):::I::):):i:::::):):):i:))f.J.!I:::):)::)::::::~:::)::::)):::::::)):):)::)))::::!:!!):!:::)::::):!:::!:::):~:):::):::::::::::::i:))!!::I:!~;a1) .. !9r.i~!:I~ij~:iii~i~i(::::::::::):::::::::)::::::::!:::::::::::::::::::::::::)::::::::::::::!::!)!~:):!::i::::')):::::::::::::::::::::::):):::i::::!::))::::):::::::::::::::::::!::::::::::::::::)::::):):::::::i:::::::::!:!:::::i:!:!:!:!::):::!!~i:::::)i::::!::::::)):::))))!!:ii:::!::i::!:::::::::)::::::jj::):)::::::::::::::::::::::::::::i::::!;,1Il::::::::::::::!:::::::::::::!:::::::::::::::::::::::::::::::::::::::::::::::::::::)::::::::::::::::::::::::::):)I;I~~) [9t.~Mm~i,m~::II!:f:Hij~;ili~!i::i:i:::!::::::i:::!:::i:::):!I:::::::::::::::)i::::::::::::::i:::!:::!:):))))::i::))):::)))!)!))!:)::)))))::))::::::):::::::::))))::::))!):!:):::::::!::::::::::::::::::::::::::::::::::):!!!::::::::::::::i::::!:i::::!::):)))!:)):)))))):::):):::)::))::)::::)"~~I)::j::):!:::)::::)::!::::::::::!:)::::):::))::)):)!:::::;:!::!))!:):i::~::::::!:::::)~::!:~!:!:::!:!~i::!):::))):::~;~,~: . .. Page 58 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SL) LIGHTING Results of Operation llm.ld*ilf:l_::1t~t1@t:t~:~:~:~t;:t~~f~111~1tt~ttt1tt~1~t1~:~m~:~:~:!t:~:Mtr~tr:~:~:~:~:~t:::f:M:~m@:~rffH:::~rll:~:~:!:t::tf:lM:l:1:~:r~l~~~~:~:~:~:~:~Mll:~:~:~r:l_~1!:~t:r@:~:~:Wr~:~:f@~rtW::~:~:!tt:!t~Q.$~r:t!:t~r::l Detail Revenues And Other Sources Real Property Taxes 24,263 SL 1001 24,250 t9!~~jiAA[~.rti:]I~~::i:i:i::::::~i!::i:i~:i!i:i:::i:!:::i!~::!::::i:i!i::::!t:::~::::::::::i:::~:~:i:i:i!!::::::i::::!:::!::::i:::i:i::::~!::i:::::i:!I!:!i!::i!i!::ti:::::i:~::!::i:i::!!:i!!:i:::i:iI:::::i:::i:::i::::!i!:::i:::i:I!!i:::!:!!i:i~!:~:::::i!::i::!::!!::i!::IJ.I!i!i!!:!!i::!!:i:::i:::i!i:i:i:i!:::!i:!:i::::::~i:!!!:::i:i::!!i:::i:i:!:!:i:i:!!:::::::::!:~I!!#.i Interest And Earnings 245 SL2401 218 r9JMli,I~:m:MiMi::jl::_~i::!!:!::i~:!::i:i:i~i!!:i:i::!:!i!:!!:i!i!i:i!:!!:i!iU!:::::::i:::i:::::i:i:i:::::i::::!::::i:::!!:!!!i:i:::!:i:::::~:i:::::!!i!i:i:i!::i::!iU:::i:i::!::i:i:i!i:i!i!::::i::::::::~::~::::~::i:i::~i~::~:~:i:::i:::!i!::i:i:i:i:i:!!i:::i:i:::i:::i::~!m:::::~::~:~:~~:i~::~::::~:::~:~~::::::::~:~!:~!::!:i:~::i:::i:!!:::!!::::::::::::!:::::::::i~::i:::i:i:::~1!::i r9!~~:il!!fij9,lt:::::U:i~!i:i:i:::i:i:::i:i:i:i:i:i:::i:::::::::::i:i:i:::i:::::::::::i!::::::i:::::::::::i:::i::!i:i~i!!:i:i:::i:::::!~i:!:::i:::i:::i:i!!::::::::!i:i:i:i:::i!::::::~!i:ti:~:i:i:~:::~:::::!:i:i!i:::::::~:i:~:i:::~:i:i:::::::i:i:i:~:i:::::i:::::::::::i:!!i:i:::i:!::::::~:!i:i:i!i!!::!i!i!i:::::::i:Ij!M:i::i:i:::::i::::i:i:i:::::i:::i:i:i:i::::i:i:i:::::::i:i:::::::i:::i:::::::ti::::::i:!EI: !f.tf.@#.i:9.i!!!:~~~I~I:Il~::.r:!i~t~::~::~~::~~:::::~::~i:~~~:~:::::i~i~~~:::m~:~:~:::::~::i~::~::::~::::~~~!i~:~U:::::::::::i:i:i:::::~~i:i:~:i:::i::!i:~:::i:i~i:::i:i:i:i::::::U:i!::::::i:i:::i::!i:t::i:ti::!:::~:~~:::i~::i::!:::f.$.IM!:i:::::::::::::::::::::i:::i:::::::::::::i::::::!::i~i!:!:!:::!::i:i::!:::~:i!t:~::::::!:i:::!l...'M::: .. ., . Page 59 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Balance Sheet t.ii:li::.~MfMt:t:~::~~:~~~tJt:~:~~~tttttrtntfft:~l~~:fff~~lt~~it~:t;~~::~~~~r~~tW:~:~rl~~~:~l~~~~~~f~~~~~:~fm~~t~~~~~~~~~:M:@::I:lt:ll::lt:~~ltffl!~:~~~i~~~:~:~tt:::::::~~.~~~~1::~~@:::t~Mrll:t~~::a~~:~~~~~in::~~~~~~~~~~t~fffi:l~:~~tt~~~tt:t~~:1 ., ., ., Page 40 - TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Results of Operation ti'i1WP.*@ilfi.ii:!ttJ~~J~1J:t1J~!t!@!@!Jtttrrrtrrr!ttrm!:~l1:!~rr!~!!!!1:!:11!~t!~t~t!~1~~~~1:!t!@!~!~~~!~!~t~J:!tJJJttmtltJt!t~tl!~!~!@r!J~t~~~~!J~1@tt!mmJ~~~!~!~!m~t~~!@tt!tlg~1J:1~t1:1~r!~l - . . Page 41 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Results of Operation l$.l@.lf.@Rtjtttt::;j@j:j:j:::ttttt:@ttjt:::tttjr::ttlt:j:m:jw:tjrjt:jt@mtjMl:j~j~j@j~tjf~~jtjt~ljM~;~~~i~j~jrj;ttjt~j~j@jrjjH~~j~j~tJUttj~jHl_j:j@j:ttjt:Ht~j@li'lm~'ttUt:@:t:ttj.ll;m::tl::j~j:J .. ., .. Page 42 ." TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (G) SEWER Changes in Fund Equity ~i.lij:~ji~.:::~::::::::::ttm::::::::@:@:::~:@:t:t:~m~:t:::::m:::::::~::::::::::t:::@iI:itttm::t:t::t:tt:l:t:t~jttt:tt::::t:@i:miI@:tttltt:tt:::::::::t:::!:m::::t~::tl@i:~l;$J:~:tt~tt:umt~~!f@mttjt:t::t_II::ir~:rIm ANALYSIS OF CHANGES IN FUND EQUITY o o o o o ." ., ... Page 43 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Budget Summary ~M1iU.@i_:li~ittt:rm:mtf:tt@il:::~it:Wil::::::t@rw:II]II:t[lmltit.il.iMI:lrmt.fli*-mttU~illi~i_:l:::::l!@f::::fmllSf.$a.ittt@lmM;alii.Wl::_:t~:1 ., ., ., Page 44 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 ., (H) CAPITAL PROJECTS Balance Sheet .MIii:!.t~:@t~t@:t@tt:~::Ift:~:t~:~mt:~:::ttIt::tttIl::!:l:tt:t::t~:~:~:t~f~t~:~t:::::::t:::::t::::~::!@@::ItmItt1t:~tIIf:~!~t!t;!~m~:~:t~:~:~t:~:~:~~~:~:~:~tt:@tm:::@~fililiImIftttMa.~lilM~:~:~:~:~ft:~:~:l Assets Cash In Time Deposits 3,287,676 H201 4,734,510 Cash Fiscal Agent 477,987 H223 470,885 ]i!@'U#'i:~,::::::~:::::::::::::::::::::::::::::::::::::::::~::~:~:~:::::::::::::::::::~:,~:~::::::::::::::::::::~::~::~;:;:::~:~:~:::::~::::::::;::::::::::::::::::::::::::::::::::::::::::::::::::::::::~~::::::~~:::::~:~::::::~::~~::::::;::::::::~::::::::::::~:::::::::::::::::,:::::::::::::::::::::::::::::::::::::::::::::::::::!::::~l,ll~~g~:::::::~:::::~:::~:~::::~:::::~:::::~:::::::::::::::~:::::::::::::::::::::;::::~il!l,11:::: Investments In Securities 0 H450 0 ]illaiti~i,I~M:::::~::~:::~::::::::::::::::~::~~~~::~:~::::::::::::::::::::::::~:~::::::::::::::::~:!::::::::~::::;~::::::::~::::::::~:::::~::::::~:::::::::::::::::::::::::::::~;::~::~~:::~~~~:~~:~:::::~:~:~::::::~~:~~:~:~~:::::::~::~:::::!::::::::::::::::::::::::::::::I::::::::::::::::::::::::::,::::!:::::::::::j::::::!j:j::::::::::j::,::::::::::::j:j::::::;::::::::::::::::::::::::I!::::::::::::::::::::::::::::::::::::::::::::::::oj::::::::!:::: Accounts Receivable H380 160,519 ]i!jI~:.if=::lili,!:.i::(fflij~::::~~::::~::~~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:::::::~:::::::j:;:::::::::::::::::::::::::::::::::::::j:::::::::::::::~::::j:::::j::::::I::::::::~:::::::::~:::::::::~::::~::~j:::~:::::::::::j::::::::::;:::;::~::::::::::~::::::::::::~,::::::::::::::::~::::::::~:::::::::~j:::::::::::~:::::::::~:::::::::::::::::::::::::::::~1!~~"1!:~~~ State & Federal Receivables 717,494 H410 200,940 ]i!jI::Ii!!:!!i~::g,iiN:IUgj!ifi!lf:::::::::::::::::::::::::::::::~:::~:::~::~:~:::::~:::::::::::::::::::::::::::::::::::::::::~:;::j:::~:~::::~:~:~:::~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:::::::::::::::::::::::::~::::::::::111~11::::::::::::::::~::::::::::::::::;::~~:~:::~:::~:::::;:::~::~::::;:~::~:::~:::::::::::::::I~l,tf~:::: Due From Other Funds 4,000 H391 70,000 ]iII::;Hi:efgm:.t:g.:::::::::::::::::::::~::::~::::::::::::::::::::::::::::::::::::::::;~:~~:~:::::::::~::~::~:::::::~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:~:~:::~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::::::~::::~~:::::::::::~:::::i~"g::::::::::::::::::~~:::::::::::::::::::~::::::::::::::::::::::::::::::;::::::::::::::::::::::l~l,~w!::: Due From Other Governments 0 H440 ., . Page 45 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SL) LIGHTING Results of Operation tliiU:1i~.tltltti:i:;:;jitttijrjirj~tjtt~tj:j;j~jjtjjjjjjMjjtjjtttttjt~tttm::~ttrtlttt:tWtjrljlltljilij:;j~~l~:i;miit:ttltt~;~~ilHirtt:t_rtij~:mj~m~ttli"~ittWtt@j~tt.ltm~it~i~:~:tl Detail Expenditures And Other Uses Street Lighting, Contr Expend 24,314 SL51824 25,842 19!~Hi:mrmiMig!~i!:i:::!:::i:~!:!!!i::~~~:~~i~iii~i~i:iiii:~:iii:i:i:i:i:iiii:::::!:!:::if!::i~~::ii~i~~~~i::~i~:i:!:!:!:!!!::!::~iiii~:i:i:~iii~~::@i:ii:::iiii:!:!i!ii:ii::!:i:i:i:::i:i!::!:::::::i:!!!:!:::!!!i!iii!!:::ii:I:i!:!:!i:!i!i!!:::~!:i!!:iii!!:ii:!::i!!:i~:!::ii::::~!i::!::i!~i~!!!:i:!:tf.f.i!ll:~:i:~i!:ii:i:iii~:iiii!i!:!:::!:!!!:!!!!!:::i:iiii!!:iiiiii:i:i:~i~:~:~:!~:::!:i~~~~i:~~~~f:!!~~MI!: t9!lgnt!fijilt!!I!i~:!:iii!i!!!ii~!i:i:i:i:i!i!::!:i:i:i::i:!~:::~::iiii!!ii:!i:iii!::~i:!i!:ii:!!~!::i!:::::!i:~:i::!i:fi:!!i!~::i:!:Ii!ii:}ii:iii!i::~ii~:iii!iiiii!i~!ii!i:i!:::i:!i!i!i:i:ii:ii!iii!i!i:i!:!:::::!iii:!I!iii!i:i:~i:i:i~ii:::i:iii:::i:i:!:!~i~ii!~:::~i!:!:ii~~i:~~!i:~ii::!i!i:::!!ilfl,l1t::!ii!~iii!:i!!i!i::i:i:!iii!!:ii:::i::ii~!~~ii:!:!:iii!:i::::~:i!:::!i!!::~::~~i:~::~~i~~:~:iii!i!f~mi:! T9IM:illl~ijM:iii:iiiii~iiiiii:::~i::::!ii:i:::::!:!i:i::!::::i!!!!:!:::~::!ii::i!:!:i:!:!!::!ii!::!:!:~:i:::i:~:i:::::ii:~::i~::i!!i:!ii:::::i:::ffi:!:::iii:iii!:!:i::i!i:!!!iiiiiiii!!iiiii::i:::i:::i!iii!:::}!i!:!iiiiiii!iiiiii:iiiiii!::i:ii::i~iiiii::iiii::iiiiiiiiiiiiiiiiii::::i:~~::~:ii~i:::::::i!~gil"i!ii!ii:ii~:::!i:::!i:::i:i~:i:ii~i!:i:i:~i!:!i:iii~i!i!iii!:::!i:i!ii:iii~:iii!~!!::!::i~i:ii:~I~~ji:i 19I1i::"iI!i,i!!ffl!ij~i,~Hrnf,il~i~.rH.:::!!i!:i:~:!~iiiii:~iiii::i::i:iiiIi!!:!!~i:iiii~!:~!::~:~j:!~::::ii!::!::~i:~i~:~~~~::::::i::::~:~:i::j:i:j!!t~iii:~ii:::iii~~:!~i!:ii:i::!::~:::!::!~::!j:::::i~~:!:ii!i!!:~~~i~~i:i:i::!ii:!!::!i:::::::ttl!11~~ii:~~~~~~~:~:~~ii::~~~:~i~::i:::!::::::!:~:::!:!!:::::i::!~!:!:i:!:!!~i~ii::::!~i:iiii!::~:~~~il~l1f::~ .. .. .. Page 60 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SL) LIGHTING Changes in Fund Equity ;If.lij~Q.i@.j.jltttMjljf~j1jt@ijijijij@jt1j~tj~jf!jt!j!jlj!j!ttt:@tttj!j!j!j1j~j!jl:~j!m!j!:~j!j!j@j@@jlmtj~j!mm:1:~m!jljWt!M:f!:1Ijt@mj!j!tj!lrW~j~tt:Hml_jH:!j~Wj!j!jlWt:!jla.Ei!jt!mj~tt:flj~la!jf~jt@:tt!1 ANALYSIS OF CHANGES IN FUND EQUITY ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 8,004 8,004 24,508 24,314 8,198 8,198 8,198 24,468 25,842 6,824 .. .. .. Page 61 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SM) MISCELLANEOUS Balance Sheet IJjj::~_I1ji~1j:j:j:j:j:m:jtIm::tj:j@jH:@tj:llIII::IIIIIIIm:IiIi~1mIIjtj:j:::tj:j:j:j:j:j:m::j:tmII~j:j:mim:III1tjHj:m:j:j:jHt:ti~nm:m:m:m:~j~Iali@j::@tj:lm@j:liji~i.mtmj::t:::tjtt,~:::tj:::j:::j:j:t:l Assets Cash In Time Deposits 99,036 SM201 37,828 IRlt~:i!~i::i::::::::i:::iiiii::iiii::iiiii:iiii::::ii:::i:ii:i:i:i:i:i:i':iii::::::i:i:ii::'::::.i':i:i:::::"':ii::::::::::i:i:::::::::::::::ii:::iiiii:i::::::i::iii:ii::::::i::::::i:::'i::i:::::i:::i::::::iii::::::i:i:iiii:I:::::::::::::::::::i:i:i:i:::::'::::':ii:iii:::i:i::iii:Iiiiiii:ii:ii:i:ii::i:ii:i:::ii:::i:::::::::iii:liI":iii:i::ii::i::::::::::i::::::!::::i::!i:!::::!::i!:::i::::!:'iii!iii::,:::::::::::!!::~r.~i!:::! Investments In Securities 0 SM450 0 IRlt~':.iiiiii::i::::~:::::!!:!::'!:!'i:iiii:i:ii!i::ii:!::!i:!!:::::ii:i:::iiii:.iiiii:iiiiiii::i:::i=iii:iiiii:!::::i!!:!:::::ii'::!:::::!i:i:::'iii::!:::ii:i:iiiiiii:i:ii::!::::!::!iii:ii::ii::::::::ii::::::::::::!iiii:i:,::::::::ii!::':::ii:'i:!::::'::'::i::::::i:!:::i:i:i:::::i:::::!:::::ii:::::i:::..:i!i::ii::!ii::::i::i:::i,i:i:::::::ii:i:::i:ii::::::::::::::ii::i:i::::ii:i:::i:i::::iii:ii::::i:::ii:iii::i:::::i:::::!!ii:::~,~ii:: ]gIf,~ii"lili:::i::ii:ii:i:i:::::.ii:::i::::::i::i::i:::::!:i:ii:ii:i:ii::iii=:i::ii::::::iii!:!ii,:i:!::!:ii=i::i::::::iiii:::i:::i:i:::::::ii::::i:::i:!:i::iii::::!!:iii:ii::i::i::i!:::i:!:::,:'iii:::ii:ii!::i:!i:i:::::!:::i:iiii!:[ii:ii::i:iii:::::::::::i::::!:::::!i::::i::i:::!::::::!!:::::::=i:::'::':'i'i::i[i:i::::'!I~!~i:::!::iii::::i::::!:=::::::::i:::I::i,::!ii:::::::,:i.::::::!:!:::::::::!:::iiii:i::!:!~r"iii: .. .. .. Page 62 ose Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SM) MISCELLANEOUS Balance Sheet l.~lmM~_tJi1!11!!~!f~1~~~~l~~~~l~ft!r11~t11~~~1!~~~~~~~~~~~~~~~tfti1~tt~~~~1~~tt~~llttt:~!1~1~~!~!~tt1@ilHl!M~~~$::!t~~l1~~~1~~i!i1!~i%Ht!!!11~11~1!~~11t;~~l~~~1~~~!H~~1:1:~~~~111!!~~t~t~@t~d111!1~~r~~!111~!~~~~~~~~!n~~~~!~~~.IM.~!~~lU!!JJitt!!:t::1~OO~tJi~:~:~!:tt:t:!'1 Liabilities And Fund Equity Accounts Payable 14,583 SM600 96,286 ~-~.., m9II::ijnf!II!I:I~ltli,,,I!::j!iigijt:~ii~,~:!::::::::::::::i'::::::!::::!:::::::::::::'::::j;::::::::;::~::::::::::::::::::::::j:::::::::::::::::::::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::::::~:::;:::;:::::::::!:::::::::::::::i,~~I:::::::':::::":':::i:::::::::::::::;::::::!':I:::::::::':::::::,:::::::::::::::::::::::::I::.:::::!::':::,:::'::::::!: Unreserved Fund Balance Unappropriated , 54,453 SM911 . HHH~5i3',458' 19!i~::!flm~?t':f.il'dM!!fiI:'@~IIWI!g:::::::::::::::!:::::!::::::::::::::::::::::::::::::::::::!::::::::::::::i:i:::::':::::::::::::::::::::::::::::::!:::::r:::::::::::::::::i::::::::::::::::::::::::::::::::::::::::::::::::::::::!!IM:::::::::::::::::::::~:::::::::::::::::::::::!::::::::::::::::::::::::::::::::::::::::::::::::::::':::::ml.il!: ]9r.iMf9.ij,::i9.~'~t:::::::::::::::::::::::!:::::::::::~~::::::~::::::::::::::::::::::::::!:::::::::::::::::::::::::::::::::::::::::::::::::::::::::i::::i:i!::::ij::i':::::::::i:::::::::::i::::::j::::::::::::::::::::::::::::::::::i:::::::::::::::::::j!:!::j::::j:::::::::::i:::::i::::::::::::::::::::::::::::::::::::::::::::::::::::::::il~m:!:::::!::::::::::;:::::::::::::::::::::::::::::::::~::::::::::::::::::::::::::::::::::::::::::::::::::::::iiiill: !9ft.iM~@'~imw!::lrM::j~nj::liij,~:::::::::::::;::~::::::::::::::::::::::::::"::::::'::'::::::::::::::::::::::!:::::::::::::::::::::::!:::::::::::::::::~::::::::!::::::::::~~~!!I:::::::::::;:::!:::::!::::::::::::f::::::::::::::::!:::::::::::::::!!:!!:::::::::::i::::::::!:::::::::::::!!+,'I:~::::::r:::::r:::::::::::::::::::::!:::::!:!:::::::::::::::::::::::!:::::::[::::!::::::!:::::::::::::::~t;!~!: .. .. .. Page 63 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SM) MISCELLANEOUS Results of Operation tlmlf~ilp.Mjit1t1:~1:t:ttt:ttl:::::::~::::::::::::m:::::::mtttttttt11tt1tttt::m:mt11ltt11tflt:lt@::::l1t::t:ttt:tmm::t:Jtt9.~::::::t::@:::@mtlJmRmitt:lt:t=:tt:t~t:ttt:t:l Detail Revenues And Other Sources Real Property Taxes 226,200 SM1001 178,800 r!!#.,i:.!i:~~:]II:::i:::::::::::.:ji::j:ji:::::iji::iji:j'::j'j::i:::=:'::::::::::::::iij:::j:::j:i:!i:::i:i:ii:iiiIi::ii:iji::i::ij:iiiii::i::::::::iri:ij:i:i::i:i::iiii:::::::i:=i::=::'::::::i:i::::::i:::i:i:i::::i:::::i:iii::::::i:i::i::::::j::::i::::i:j:::':::::::j::::!If.~!I::::::::::i:ii::i:::i:::::::::::::i::::ii:i:::i:::::::::::i::::Ii:::::i:i::::::::::i':::drf@OO:ii Other Payments In Lieu ofTaxes 35 SM1081 28 t9!I!i:I!~m'.rt~:!fi::.!:::::::j:::::::j::::::::::::ii:j:::::::::::::iii::i:i:i:::::::i:i:::i":i:::::::::i:::i::::::::::::i:::::::::::i::::::::::i::::::::::::ii:::ii:::::::::::::i:i:::::i::::::::::::::::::::::::::::::::::j:::::I:::::::::::::i:j:::::::::::::::::::::::::::::::j:::::::j::::::j:I::::'::::::::::::::::::::::::::::::::::::j:::I:::::::::::::::::j:j::::::::::::::::::::::::::::j:::::::::::::U::: Interest And Earnings 2,102 SM2401 2,306 tf.tt.iMij~Hi!:MIi~E,Mf_~,i::::::::::::::i::::::::::::::::::::::::::j:::::::::=:'::::i:::::::::i::::::::::::::::::::::::::::':::::::::::::::::::::::::::!::::::::::j::::::::::::::::::::::::::::::::::::::::::::::::}:::::::j:::::::::::::::::::::::=::::::::::::::::::::::!*"~j::::::::::::::::::::::::::::::::::::::::::::::::::j:::::::::::::::::=::::::::::::::::i:::i::j::::::::::i.~9'::: t9II:!iiti~ijl::::::::::!!!!!::::::::::'::::::='::::::::::::::::!:::::::::::::::i:::i:::i::::::::::::::::j:::::j:::::i::i:::i:::i:::::=:::=::::::::::,I:::::::::::::::i::::::::::::::::i:::i::::::::::i::::::':::::::::'::::::::::::::::::::::::::::::::!i::::::::i:':::::::::::::::::::::i::::::::=:::::::::::::::::::::~I;~~==::i:::':::::::::::,::i'::!::ii:::::::::::!:i::i::::i!:::i::ii::iii::'::i:iiiiiii:::::::::i:1!1*,lii · !9f.~Mlli!1!::l!ifl~I:I@@!lrj!gHr~!f,:i::::::ii:::::::::::i:i::i:j::::i::::i!i:::::j:i:i::::::::::j:ji::i:::::j:j::::::::::::::::::::::::::::r:::j:::::j::i::i::::::'j::::}::i:it:i::::i::::i::!:::::j:ji::::j:ii:i:::i:i:i:i:i:i:::iiue!t:i::::j:j::j::::::i::j:::ir::::i:::::::::==::::'::::'::::::::ii:::i:::i:i:i:::::ij:ji:j!1~1Ii: . . Page 64 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SM) MISCELLANEOUS Results of Operation IlIl.'J1M@.llMlti~:t~i~ti~i:i:it~m~H:m~:~tlll:t:llllmmt:t:Mii:::ii~r:~i:i~i:rim:mitmr:mllll!t~ll!::~i~i:it~r:~i:r!~!~!~r:~i~i~!@t~ti~!~:r:rr!~i:i:itJtti~!mitmi~t:~:~i~tm_it~~~m~ll!~tHrtlilWlIl.i:~m~mi:ll:~ll!~i::~:~:~!~m~ttit~rrM Detail Expenditures And Other Uses Judgement And Claims, Contr Expend 16 SM19304 1,175 t9tf.~~@@II!9.[!mH1!!!iI:!:::::i:!:::::!:::::::::::!i::!!,::::::::::r!:::::!:~::::!!::::::::!:!::!:::::!:::!!~::!!:!:::!:!:::!:!:::::~::::!::!::!::!!:!:!:!::!:::::::::::::::!!!:::!::!::!:::::!:~:!!::::::::::::::::::::::!!::::!::::::):::::i::::!:::::::!!::!::::::!:~::!!::::~::::::::!:::::!!::,!!!!:::!!!!::)!:!:::~:::::!::!!::::::::::::::::::::r::!:!:::::!:::::::::::::::!:::::::::!::::!::::1~j,!j:: tBf:~~::a,I::!I!!~NI~t!~_:::!:::::::!::::::::~:!::::::!!::::::::!:!!:::!:!:!::::::::!::::::::::::::!::::::::!::t:::::::tt):::::!::::::::::I:::~!:::::::::!::::::!:::::::::::::!!!::::!::::::t::::::::::::::!!:::::::::!::t:::::::::::::::::::::::r::::1!:):::::::::::::::::~::::::t!::::::::!:!:::::::::::!:!:::::::!::::::::::::::::!!!::!::!!:!!!:::j~~t:f::: Ambulance, Pers Serv SM45401 5,710 Ambulance, Equip & Cap Outlay SM45402 1,470 Ambulance, Contr Expend 185,850 SM45404 315,254 t91~M_@9.I::::::!:::!:!:!:!::::::::!:::!!::::::!::::::!::::!:::~::::::!!:!:!~::!:!!::!:!:::::::::!!!:::::::::::!::!::::::::':!)!!:::::::::::::!:!!:::::!:::::::::!!!:::::!:!!:!:!!~:!:!!::::!!:!!::!!!:::::!!!::~::::r::!':::~:~:::::!!:r:::!::!:::::!:!!:!::::!:!!:::!!::)::::::::::::::::::!::!::::!::::!:::,I1Iil~:!:::::!:::!:::::::::::::::::!:!::!:!::!!!:!::)::::::::::!:::::::!!:)::::::::::t!::::::::;!~~'~I::: ... tBf:~~Ji!I!!N::::::::::::::::::::!:::!::::::::::::::::::::!::::::::::::::::::::::::::::!!::::::::::::::::::::::::::::::::::::::::!:!!:!!!:::!::::::!!:!:!::!::!:::!::::)::!:::!:::::::::::::::::::::)::::~:::r::::!!!::!!:!!!:::!::!::::!:::!::::::::::::::::!::::::::::!::::::::::::::::::!:::!::::::::::::::::::::::::::::::!::::!::::,I;II::::!:::::::!:::!::::::::::::::::::::::::::::::t:::;:::::::~::::::::::::::::::::::::::::~~;"I::: Social Security, Empl Bnfls SM90308 436 t9I~::gRlliiU~ItIl::!:::!!!:!:::!:::::!!!::::::t::::::::::::):::::!!::::::::::::::!!:!:!!:!:!:::)!!::!::)!:::::!:::!:!::t:!:::::!:::!::::::::::::::):!:)::!!:)::!:!:::!:!:!:::!:!:::!:::::::!::t:::::::~:!:!:!:!):::)::::::::::!t::::~!'~:~:~:::~!:)!:::::::::::::::::~:~::::::::::I::::!:::!:::!:::!:::!:::,:!:::::::::!:!:::':::::!::::!:):::):)::!::!::!:::!:!:::!:!:::!:!::):::)!:::::::::!!:)::!:!,:)::!:!:::!:::!::,1!:! t9ili:III~~r:e:::)!:::::::::::r:::::::::::::!:::)~::~:!:!::!:!:::!::!:::):::)!)!!:::::::):::):::::::)::::::::::::::::::~:::!!::!::!:::!!:::::::!:!:!::t)::!:!:!:::::~:::~):::::~:~:::!:~::!::!::)::i!!:!)::!::)::!:!!::::!:::!)!:!:!):)I:):::~:::)::::::~::t::::t)::!::::):::!::::)!::!::!::)::::!)!:~I;I!::::::::::::::::):::::):::::::):::::::::::::::~::!:::::!):::~::::::::~:r!:::::!:::::!!:,::!~f.::: t9I~Jilil!t!Ii'~\~~m!:MI:.t)!Ii:~:::!:~::::::::::::::::::::::::::::::::::::::!::::!:!!::::!:!::::::::!::!::::::::::::::::::::::::::::!i::::::::::::::::!:!:!:::!::):!:::::::::::!:::::::::t::::::::::~!:!!:::::!::!!:::::::::::::!:::::)::~fI;II!:!:!:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::!~Ii,I::: .. .. Page 65 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SM) MISCELLANEOUS Changes in Fund Equity lJ.<l.in'-MI..~ltl!@!~:@!t~t!~!~!~:~t:~:~!~!~!~t!~!t:~!@m~:It!ti!lt!~!~!~!~tt!~!~:~!l:~t:@!t~:t~:l!tlt~:~!~!~:~!@!l!~:~!~m~:@:~:i!mm!tm:~:~:~ttt!~!lmtlnlttltt~~t.HtttttlI@t!I~_jtjWt!~tt:l:~~t~:~:l~:~:~:~tml ANALYSIS OF CHANGES IN FUND EQUITY ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 41,982 41,982 228,337 185,866 84,453 84,453 84,453 181,134 324,045 -58,458 . . . Page 66 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 .. (55) SEWER Balance Sheet BM.WiMWt\@II:I\::~~:I:~\~:I:::t:~:~:~:~:~:~:~m::tm\::ImI::jm::!:\:::!\@t:~tm~mjIIIII:\\~mII!i!\:\::::I!II::Im::\:\tt::~MI:iII:iII::l\\III::::::ImI!I:::::I!\\I@II::~:~\~:t@m~MI:~tl~_:~:~:~m:tt@t't~~m:t~ttt:~:! Assets Cash In Time Deposits 1,643,183 S5201 1,918,078 19!~~::9Iii::'!::::::::::::::::::::::::::::::::::::::::::::::,::::::::::::::::"::::::::::::::::,:::::::::::::::::::::::':::::::':::::::':::::::,::::::::::::::::::::::::~!::::::::::::::::::::::::::::::':::::::::::::'::':::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::'::::::\~~~e*"I::::::::::::::':::::::::::::::::':::::::,::,::::,:::::::::::,:':::::::::::'::~:i"lyt!: Investments In Securities 0 S5450 0 19!~~:'.iil!i::::::::::::::::::::::::::::::::':::::'::::::::::::::::::::::::':'::::::'::::~::::!:::::::::::::::::t::::::,:::::::::::::::::,:::::::':::':::::,:::::':'::::::::::::::::::::::::::,::::::;:::::::::::::::::::::~:':':::::"':"::::::::::::::::':::::::::::::'::::::::::::~:::::::::::~:::::::::::::\::::::':::::::'::::::::':::~::::::::::::::,::::::::::::::::::::::::::::::::!::::::::::::::::::::::::::::::::::::::::::::::::::::::':':::::::~:: Sewer Rents Receivable 410,420 55360 446,565 Accounts Receivable 683 S5380 0 r9tl:Ji.I!r:i!li,y,g~::(m~::::::::::':::::'::::::::I:::::::::::~::::::::::::::\":::!:~':':::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:':::':::::::::::~::::::::::::::::::::::::::::::::~::::::::::::::::::::::::::::::":::~::::::::::':::::::::::::'::':::::::':'~::::'i:~'jdij:::::::::::::::::::::::::::::!::::::::::::,:::::!:::::::::::::::::::::~:::::::::::::::::lfi~l:::: State & Federal Receivables 5,505 55410 0 r9tl]I~,:li:f~~NI:i@::.i!~~,~i:t::::':::::::::::::::::::::::::::::::::::::"'::::':'::::::::::,::::::::::::::::::::::::::::::::::::~:'!:::':::::,':::::::::::::::::::::::::::::::::::::'::::::::::::::::::::::,:::::::::::::::::::::::::::::::::::::::::::!~'":::::::::~:::::::::::::::::::::::::::::':,::::!:::::::::::::::.!:::::::::::::::::::::,:::::::'::::::::':::i::: Due From Other Funds 38,152 55391 3,100 r9tl::!H!::f~~i~B~I'r:f.::::::::::::::::::::::::::::':'::::::::::::::::::::::::'~:::::::::::::::::::::::::::::::::::::::':'::::::~:!:~':::::::::::::::::~:::!::::~:::::::::~::~:'::~:::::::!::::::::::::::::::::::::::::::::::::::::::::::!:::!:~:::::::::::::::::::::::::::::::::::::::::::'!::B~11:~:::::::::::::::::!:::::::::::::::::::!:::::::::::::::::::::::::::::::::::::~:::::::~:::'::::::'::!i,,,::: [9!~~::.~:::':~~::'~::~~:::::::::::::I:::::::::::"::::::::::::::::::::::;::::::::::::::::::::::::!:;:~:::::::::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::::::::::~:~::'~:~~:::::::::::::::::::::::::::::::::::::::!::::::::::::::::~~:::::::~:::::::::::::::::::~:::~:~~\:~:::::::::::::::::~~~::::::~:~~::::~;Yit.::::::::::::::::;::::::::!::::::::::::::::::::~:::::::::~:~:~::::::':~:::":::::::::3iir.~t!~::: . . Page 67 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (55) 5EWER Balance 5heet ., l@1\tl'-#.p.iift:~H~~~::t:f:t:t~t~~~~~:::r:~tt::t:::~:t:::::~~~~~~~~~~~:~:::~:~:~:~:~:~~r:~~::f::~~~~::t:t@:~~~:~~::~::@:~:i#rM~~f~~!l~~:::M:~tll:RtW::::~~llftt:ft~lt::~::~~~~~t:tf1i!a~:f:~t~~~l~~~~:~~:!:~ll::tMGim~!:~~~~~:m::::tt:t:t:~~~:~;m~~:t:::::::ttt:q Liabilities And Fund Equity Accounts Payable 30,577 55600 17,931 J9!e;g:.g9~~i:I~~.::::::::::::::::::::::::::::::::::::::::::::::::::::::=::::::::::::::;:::::;;::::::;:::::;::;;I:::::::::::::::::::::::,:,::::;::;:;;::;:;:::;:::;:;:::::;::::::::::,::::;:;,:::'::::::,:,:,.,,::::::::::::::!::::::::!::::!:!!:!!::::!::::!Rl"I::::::::::::!!!!::::!:!::!:!:::::::::::!:!:::'""",,':::::,:,:!:!::!:::::11;i1:: bue'fCioih'erF:iinds"""""""'" ' """,' "',"""'," '" "" 20,000 55630 23,100 i9t.~ij:!!H!:ffi9::lij!r!fij!,~::::!:::::!:::!:::!:!:::::::::::::::::::::::::1:::!:::::::::::::::!::::::::::::!:!:!::::::::::::::::!:!:!:::::::::::::!::!:::!!:::::!:!::::::::::!!t::::::::::::!::::::::!::!:!:::::!::::::::::::::::,::::::::!::!:::::::::!::::::::::::::::!I:::::::':::!::::::::!!::!:::::,~~!!t::::!:::::::::!!:::!::!::I::::::::::::::::::t::::::::::::::::,::t:::::::::::::::::!::::!:a;1!~: T9II::!i~!.::::I::!!::!::::!:::::!:!::::::!:!!:::::::::::::::::::!:::::::!:::::::::!::::::::!::::::::::::!!:::!::!:::::::::::!::::::!'::::!::::::::::::::::::::!::::::::::::::::::::::::::::!:::::::!!:::!!::::::::::::::::::::::::::::!:::::::!::::!:::!::::!:::!:!:::::::::::::::::::!::::::::::::::::::::::::!::::::::::::::::::t:::!:'~Irr:!::::::::::::::::::::::::::::::::':::::!::::,:!!::!::::::!!:!:!:::!::::::,::!:!:::!!!::!!!::!::::::::::::!::::i~;~1:: Unreserved Fund Balance Appropriated 117,336 55910 153,801 ____iB ., . Page 68 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (55) 5EWER . Results of Operation itliji::Ifi~.Kt::t:tttftt:~:~:f::::t::::tt:t:tf:t@:::::~:t:t:~:::::::::::::::~::t:::::::::~r:m:M::~::::::tt:::@:@:::@M:tttl:::::::m:::t:t::::::M:::ttt:t:I:U!:::::::::::m::~mtQ~::::::t:::W:MlM:t:UlimmH:~:::n~m~:::::~::::::::m:la::~t:tt:t::l Detail Revenues And Other Sources Real Property Taxes 2,002,942 551001 1,914,939 riI~~::R!@I.g:!il:::::::~:::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::~:::::::::::::::::::::::::::::::::I::::I::::~:::::::::::::::::::~:::::::::::::::::::::r:)::::::::::::::::::::r:::::::::::::::::::::::::':~:::r:::::::::::::::::::::::::::::::::I.~@~m:::::::::::::::::::::~::::::::::::::~::::::::::::::~:::::::::~:::::::::::::::::::::'j:;ijm!I::: 5ewer Rents 1 ,270,846 552120 1,376,924 Interest & Penalties On 5ewer Accts 16,270 552128 17,133 Water Service Charges 500 552144 500 ri!~@iIMiililnM9.Ii:::::::::~::::::::::::::::::::::::::f::::::::::::::::::::::::::::::::::::':::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::I:I::::::::::::::::::::r:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::1Ig~'M(::::::::::::::::::::::::::::::::::::::::::::~:::::::::::::::::::::::::::::::::::::::'j:iB,,:: Interest And Earnings 568,750 552401 528,366 !9!1~::!I::M:M.l:l:rnfl9.l~l::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::::::::::::::::::::::::::I::::::::::::::::::::::::::::::::t::::::::):::::::::::::::::::::::::::::::::::::::::::::::::':::::::::::::::::::::::::::::::::::::::::::::::::'"~tl:::::::::~::::::::::::::::::::::::::::::::::~:::::::::::::::::::::::::::::::::::::::::::::::::I!~~ij::! Refunds of Prior Year's Expenditures 0 552701 0 Premium & Accrued Interest On Obligations 2,481 552710 0 r9r.i€:M~~i.IM~JI!i::.I~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::,::):::::t:Ir::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::::::::::::::::::::::::::::::::I~'''':::::::::::::::::~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::'::::'::::~:::':::':::::':I':::::P,::: 19t.~~lw;~~I::~:::::::::::::::::::::t::::::::::::::::':::::::::::::::::::::::::::::::::::::::::::::::'::::::::::::::::::::::::::::::::r:::::::::::::::):::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::I::::!I~!~~~!g::::::::::::::::::::::::::::::::!t::::::::::::::::::::::::::::::::::::::::::::::::::!i.It.I.~::: Interfund Transfers 234,240 555031 196,715 t9I.;g!J!I<<4.I::I.~fj!.:::t::::::::t::::::::::::::::::::::!!!:)::::!!:::::::::::::::::r:::t::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~::::::::::r:::::::::::::::::::::!:::::::::::::::::::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::illl:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::!:::::::::::::::::::::t:::jJfii,J::: r9IM::tli~::lq~~:!::::::~:::::::::::!!:::::::::::::::!::::::::::::!::!!:::::::::::::::::::::!::::::::::::::::::::::::::::::!::::!!:!:::::::::!:::::::::::::::::::::::::::::!:::::::::::::::::::::::::::!:::::::::::::::::::::::::::::::::::::::::::::::::!:::!!!!:!!::::::!:::::::::!::::!:::!::::::::::::::::::1I1I)::!::::::::!!::::::::::::!:::::::!::::::::::::::::::::::!j:!:!::::!!::::::::::::::::!:::::::jll~t1!::: 19t.~~!!!I"]B!!~im:.:.f!9,ili:::::!:::::!:::::::::::::::!:::::::::::::::!::::::::::::!!:::::::::::::::::::::!:::::::!:!:!:::::::::!:::::::::::!r:::::::::::::::::::::::::::!:::!:!:!!!:!:!:::::!:::::!:::!:!:!:::!:::::::::!::!::I:,ui:,g:::::::::::::!:::!:::::::::::::::):::::::::::::!:::)!):!:::::):::::)::::::::::!::::::::ll.gnf . . Page 69 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (55) SEWER ., - ., Page 70 OSC Municipality Code 130386800000 ." TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (55) SEWER Changes in Fund Equity ~liji:~il.iH~:t:lttt:@ttt:::t::~::t:@:tttiIII:iII:I@@IIiliIIJ:~tt:::t~m(@~::~:::~t:::::::t:t:~::tt:::m~t:::::t~tt:::::~:~::tm:ttt@~::m(::t:ttt:~Q..,t@tttttll((i~_it~::m::::tt~t:t$!$.t~::::::::ttm ANALYSIS OF CHANGES IN FUND EQUITY Prior Period Adj - Decrease In Fund Equity 558015 2,047,366 3,933 2,043,433 4,034,577 3,751,298 2,326,712 1,695,525 ADD - REVENUES AND OTHER SOURCES DEDUCT - EXPENDITURES AND OTHER USES 1,695,625 4,096,029 3,744,188 2,047,366 ." fill ." Page 71 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (88) 8EWER . Budget 8ummary 1iil.~t~Mi1ji.il}t::::~:~t:t::::t~:t~:::t@t:@t:ttm~tm~:~m~:t:t@t:@tm~t:t'l!I~.i.<<i:~:~~!:~:~:K@l.I:~_l:::n:~:::tJj_iUli.:lM!@:~:~:@~@mR_tlttm:~:~5.:~~OO~t:~:1 Estimated Revenues And Other Sources Est Rev - Real Property Taxes 881049B 1,914,939 1,914,939 0 Est Rev - Real Property Tax Items 8810998 0 0 0 Est Rev - Departmental Income 8812998 1,225,860 1,225,860 0 Est Rev-Intergovernmental Charges 8823998 0 0 0 Est Rev - Use of Money And Property 8824998 407,584 407,584 0 Est Rev - 8ale of Prop And Comp For Loss 8826998 0 0 0 Est Rev-Miscellaneous Local 80urces 8827998 0 0 0 Est Rev - Interfund Revenues 8828018 0 0 0 Est Rev - 8tate Aid 8830998 0 0 0 Est Rev - Federal Aid 8840998 0 0 0 jWft~~::I1!.iH!i!:I~I":'j'j:"::~:::::::::::::::::::::::::::::j:::::::j::::::::':::::::~~:::::~'::::::::::::::::::rj:::::::::::::::::::::j:j::I:::'::::::':::~:'::::::~:::::::::::'~!Iel:~:~:~:::~:~:::::~::j:j::::::::::::::::~:jim~i::::::::::::::j::::'j::::(:j:::::::::j:::::::::::::::::::::::::M':::':j"::'::j::'::j:::::::::::::::::::::j:j:::::::::::::!:: Estimated - Interfund Transfer 8850318 125,000 125,000 0 Appropriated Reserve 855118 0 0 0 Obligations Authorized 885308 0 0 0 Estimated Proceeds of Obligations 8857998 0 0 0 Appropriated Fund 8alance 585998 117,336 117,336 0 Tir.~::M!fI~il:.r:ii,.:::::::::::::~:::::::::~::::::::::::::::::::::':::::::::::::::::::::::::::::::'~::':::'~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::ii~AI::::::::::::~:I:::::rr::::::t::::::::,,1;I!::::::~:::::::::::I::'~':::::~'::~:':::::~~:~:~:~::::::::::::::~::::::t:::::':::::(:::,::::::::::::::::::::::::::::::~:: 19r.i~::'Mllllnll!iji!:M~::_t:I~~.::::::::::::::::':::::::::::::::j::::~:~:::::::::::::::::::::::::::::::::::::::::~:::I!I~!~I:::Ij::I:::::::::::::::I::::j:::!lt!!;t~!:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::jl::::::::::::::j::::::::::::::::(::::::::::::::::::::I::!: .'!I ., Page 72 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (55) SEWER Budget Summary ~lil~l~@ll.itttttl!~!@tt!tt~!tt@t!1t~tttti~i@!t~!~!~tt!~!~!~!~!~!~!~l!tlfi~i~MII!:Iml.li:_:m!!!!ilt!~immtit~!n]l~I'lfM_ti~!~!~tnit@iii'$.f~li1~JM Appropriations And Other Uses App - General Government Support S51999B 73,383 73,381 2 App - Home And Community Services S58999B 1,269,795 1,269,797 -2 App-Employee Benefits 559199B 1,306 1,306 0 App - Debt Service S59899B 2,446,235 2,446,235 0 li!A~::;I~_~II~f::::::::::!::::::::::::~:::~:~::::::~!::!!!::::::::::::::::::::::::::::::::::!~:::::::!:!::::::::~::~::~::::~:::::::::::::~::::::::!~::::f:::::::::::::::::::::::~~::::::~:::::::::i.!I~t1!::::::::::::~::::::::::::I~::::::::~~iti;i11f::~~::~::::::::::::::::!:!:::!::~:::::::~:::::::::::::~:::::::::::~:I~:::::::::::::::::::::::::::::::::::::~:: Budgetary Provision For Other Uses S5962B 0 App - Interfund Transfer S59999B 0 .. .." .., Page 73 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SW) WATER Balance Sheet .i::~.:Ijj:::~m:f:t@:t:l~m::~:~:~:~m:rIIj:jiJ:~:~tjt~:~:t@::f~:tt~tm:t:~jmlII1:~:~:~ttmIH::i::@m:~tj@j@~mm~m:MtjHJtj~j~:~:~j~:~tjt~j~mlili:~:~:@ft~@tjt~m~:~:tmItiji_ImIIIII::::jj_jj::It::I:!j:::~1 Assets Cash In Time Deposits 243,017 SW201 184,480 I9Iifi~S"i:ii::i::ii:~i::i:::iI:::::~::::i:i:!:!i::!!::::i:::i:::~:::::iIi::::ii:i:i:::i::i::::::~::::::::i:~~~:::::i::::i::::::::::::i:::::::::i::::~::::::::::::::~~:~:~::::~~~:~i::ii:i~:~~i:~i::::~:::::j::::::::::::::::::::::::i::~:i:~i:::~::::::::::j:::::::::::::::!:::::I::::::::::::::~:::::::::::::i:::::::!::::::!:::::::::!,~m~~:::~~~:~:::::~::i::::!:!::::::::::::i::::i::::::::::::::::::::ii:!iii:::i:i:::!::::MEH::: Investments In Securities 0 SW450 0 Water Rents Receivable 179,233 SW350 190,212 Accounts Receivable 1,071 SW380 0 mtli::!m~f:::li~!!.~::(iI~::!:::!:::::::::::::::::::::::!:~::::~~:::::~:::i:::i:::::i:~:~::::~:~::'~i~:::ii::~ii::::::::::~:::i::~i:i~::::::!::::~:::::~~:i::::ii:ii!:::ij:i::i:::I::::~:::~:~:~:~:~~~::i::~~i::i:::::::~:i:::i:::::::::::i:i:::iii:iiiii:i:ii:i~:~:i:i:::::i:::iii:::i:i:~I~I:i:i:~:i::::~:~:~::::~:i:i::iiiiii::iii:::!i::::!:r:i::~:i:::::i:i:~~i:~:::~1iqi1:~:i:~ .. Due From Other Funds 4,688 SW391 5,219 !itli::iH~:iFf:~m:.r:i.:::::::~:i:::::!:~:::i:::::::::::~~~::~:~::~:::~:::::::::::::i:i::':::::::::~~:::~:::::::j::::::i:i:::ii~i~:i:i:::::::::~::!:::~::~:i::i:ii:iiiii:i:I:i::::::::::::::::::::~:::::::~:~~~:::~:~::i::::ii::~:~:::i:ii::i:::::::::i:~:::::i::!::::::~~i:::~::ii:i:~:::i:,~,g:::iii:::::::i:::::::~:~:~::::::~::i:~:~::~i:~:~:i::~:::::::i::::::~:i::i:i:j:::~:i::::~:::::::::::li1i:~:: Prepaid Expenses SW480 359 .. .. Page 74 OSC Municipality Code 130386800000 . TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SW) WATER Balance Sheet . I@@i(~.-rniitt~~~f~:~~t~~~:~:::~~~~~::~tft~::t~:::~~~~:~~~~~r~~~~~~~~~:~~~t~~~~~~~~~~~tr~~t~~~~:~~tt~:M:~::~::~~~:~~~~:~~t~:~~::~~~~~~~~~:M~~W~~~~t::~~t~~~mt@~~~~li~rl~t#~M::~:t:~iMlmtilittIM~_t~~t~~~~~~@~::~l~ll:~~~:t.~ttH~tt::tt~~tM$ld~~::~~~~~::t:~:~@~t~:~1 Liabilities And Fund Equity Accounts Payable 22,292 SW600 22,499 Due To Other Funds 22,070 SW630 .H.HHH~i3:078 ~II(.*I'II~"II -~.,. . . Page 75 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SW) WATER ., Results of Operation t.MiJ1.~ijl.f:tt:::ft::::mtt~)f:t@ff:ttt::~:::::::~:::~:~ff:t~:::~:~:~:~f:::~:::::~:::::t~t:t@:~::ftt:::t~:::::tt::~:~:~::::::::::::r:::m:::::::::::::::lMfi::t:::::t::::::@:~:H:t:tt::~f6@~:~:~::tt:t~mM:Mgl$Wi:::t:nt::fftt_t@tt:::::~::l Detail Revenues And Other Sources Real Property Taxes 559,875 SW100l 545,964 If:I,-glu[emlmtt@M:::::::::::::::::::::::::::::::::::::::::::::I::::::)::::::)::::':::::::::I::::::::::::::::::::::::r:::::::::::::::::'::::::::::::::::::::::):)::::::::I:):::::::):::::::::::::::::::::::::):::::):::::::::::::::::::n):::::::):::::::::::::::):):::::::)'M"t,::::::::::@:):):)::::::::):::::::::::::::::::::):::r::::::::::::::,)::::::::::::::::011,1): Metered Water Sales 517,787 SW2140 565,586 Unmetered Water Sales 64,101 SW2142 51,322 Water Service Charges 0 SW2144 0 Interest & Penalties On Water Rents 6,893 SW2148 7,189 r9!\I:igdlll!!::~iB:::::::::::::::':::::::::::::::::::::::::,::::::'::::::::::':::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::,:::I:':::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::::!i~t,,::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::,::::::::::::::::::::m~~!l::: Interest And Earnings 11,724 SW2401 11,084 !9rQi:J;I~::I:Mmi~:!i@::@i!~~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::,::::::::::::::::::::::::::::::::::::::::::@:::::':::::::::):::::::::':::::::::::)I::::::::::::::::::::::::::::::::::::::::::::'::::::::):::::::::::::::::::::::::::::::::::::::jj~r!f.:::::::::::::::::::::::::::'::,::,:::::,:::::::::::::::::::::::::::::::::::@:::::::::::'::::::::,jW!~: Sales of Equipment 1 ,950 SW2665 3,200 r9t!M.::9U!i.::I~~::9.~f.i!g~::fl:ii#:i:::I::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~~M:::::::::::::::::,:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~il::: Refunds of Prior Year's Expenditures 2,103 SW2701 0 T9I'-MM&fiill:ilif&Ii:I::::::::::::::::::I:::::::::)::::::::::::::r::::':::::::::::::::::::::::::::I::::r:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::I~jil::::::::r:::::::::::::::::::)::'::::ij::::):::::::::):):::::::::::::::::::):::::::::::::::::::::::):):::::::::::::@: I9I,-g~ij~M::::::::::::::::::::::::::::::::::::::::):::::::::::::::):::::::::::::):)r:::::::::):::::::):::::::):::):::::::::::::):::::):::):::::::::::::::::)::::::::::::::::::::::I::::::::::::::::::::::::::::::::m:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::):::::::)::::::::'~1Hl.ii:j:::::::::::::::::::::::):':::::::::::::::::::::::::):::::):::::):):::::::::::::::::::a;~!l.l~~::: Interfund Transfers 75,621 SW5031 4,926 t9tl!J~lwi@::If"ijli~f::::::::::::::::::::):::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::)::::::::::::::::::::::::::::::::::::::,):::::::::::::::::::::::::)::::::::,::::::::::::::::::::::::::::):::::~::::I:::):r):::::::::::::::::::::::::::::::::::::::::::)::::t'i:!I~::::::::::::::):::)::::::m:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::):):::):111::: !9rM@~I!~::~i~I!:::::::::):):::):::::::):::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::)I:::::):::::::::)::::::::::::::::::::::::::I:::::::):::):::):):::::::::::::::::::::::::::::::)::::I:::::::::::::::::::::::::::::::::::::)I:::::::::::::::)::::::::::::::::::::::::::::::::::::t'mi~::::)I:::::r:')::::::::::::::::::::::::::'::::::::::::::::::::::::::::):::::):::::::::::::):::)%~l.fij::: I9I'-'::Pi!i!::f.D.lIl9!!:B:gr:j.gg.:::::::::::):::::::::):::::):::):::::::::::::):::::):::::):::::::::::):::::::::::::::::)I:::::::::::::::::::::::::::)'):::)::::::'::::::::::::::::):::::::::::::::::::::::':::::::::::::):)::::::::::::~;j,f.~9.I:::::::::::::::):::):::::::::::):::::::::::::::::::::::::::::::::::::::::::):::::::::::,:;~iJ.~il1::) ., ., Page 76 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SW) WATER .. Debt Principal, Serial Bonds Debt Principal, Bond Anticipation Notes 191,350 SW97106 243,000 SW97306 184,807 240,250 .. .. Page 77 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SW) WATER Changes in Fund Equity ~i@.ij~lH4i1i_l~jtf:ftt~j~ffjlfffj@!flljlj~j~j~m~jjjf:j~j~jMttlttf:ttt~ftfjtmj~ttfj@tftt~WJftj~jWW1~j~m1MlmjlNj~jnf:ffj~j~t:tiB$.tlj@jtjlIHjnm_i~:I~lgtt@f:~t_~tt:Ilj@1 ANALYSIS OF CHANGES IN FUND EQUITY ADD-REVENUESANDOTHERSOURCES DEDUCT - EXPENDITURES AND OTHER USES 414,626 414,626 1,240,054 1,271,033 383,647 383,647 383,647 1,189,271 1 ,238,225 334,693 ., ., ., Page 78 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (SW) WATER Budget Summary ~lilif~fiiWiWi~Mit:ti?:l:t~M:t:lMl~:li~t~~i~t:liti:f@ii:f~:l:~:~:~I[i~~_IW~M:~:~ml.I:~_~ll~:~mmI!!~:~IMt:~:f~!lW:~:l~Hi!~._:flMl!:~:tf.'..:~~:~:~:1 Estimated Revenues And Other Sources Est Rev - Real Property Taxes SW1049B 545,964 545,964 0 Est Rev - Real Property Tax Items SW1099B 0 0 0 Est Rev - Departmental Income SW1299B 608,412 615,247 6,835 Est Rev-Intergovernmental Charges SW2399B 0 0 0 Est Rev - Use of Money And Property SW2499B 7,926 7,926 0 Est Rev - Sale of Prop And Comp For Loss SW2699B 300 2,300 2,000 Est Rev-Miscellaneous Local Sources SW2799B 0 0 0 .. Est Rev - Interfund Revenues SW2801 BOO 0 Est Rev - State Aid SW3099B 0 0 0 Est Rev - Federal Aid SW4099B 0 0 0 Tftt~~j!~!.it6itl~I:::::::i:i::::::~i:i::::::i:~i:i:~:::i:::I::::~:::i~::i:i:i::ilI:~:::::~:::~~~I:~~:::::::::::::i:::i:i::::i~:::::i~:::i:i::iii:::::~::::~:~:::::~i~a.I:::::i::i:::~::::::::::::i~i:::::i:ii~:~:1i,!~:!!t::::i~i::::I:i:iI:::::~::::::::::~:~~~~:::::il~M!::I:::~::~i~~~i~iii:i~:~::::::i:i::::i:::::::::~:~:~~i:~:!~i Estimated - Interfund Transfer SW5031 BOO 0 Appropriated Reserve SW511 BOO 0 Obligations Authorized SW530B 0 0 0 Estimated Proceeds of Obligations SW5799B 0 0 0 Appropriated Fund Balance SW599B 86,185 86,185 0 .. .. Page 79 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 .. (SW) WATER Budget Summary lijlfn.m.fjt~jtl:~m~j~jlj~:~j~t:lj~j~j~j~j~j~jlj~fjt~j~jt~~jljtt:j~j~jtlj~tlmj~j~J:ti_lm!@Ml.I\_~Wmj~j~lIj~:_jlj~ml!~j~mm~ml..i$rl::tl!:::~j"~Mt~ifRI::1 Appropriations And Other Uses App - General Government Support SW1999B 63,640 65,136 -1,496 App - Home And Community Services SW8999B 629,668 634,172 -4,504 App-Employee Benefits SW9199B 3,265 5,390 -2,125 App - Debt Service SW9899B 552,214 552,924 -710 ffi9!i.'::\lij.~~!I!:::::::::::::::::::::'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::':::::::::::::::!:::::':":::::::::::::::::}!::::::}:::::j:j::::::::Ia~m~II::::::::::::::::::::::::::::::::::::'::':,;Iti@i:::::::::::::~:':':::::}:::::::::::::::::]iili:::::H...\\\Jf Budgetary Provision For Other Uses SW962B 0 0 App - Interfund Transfer SW9999B 0 0 ." .. Page 80 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (TA) AGENCY Balance Sheet .ii~.IHi:ttttittii@fttt@iIIiiIiiii@:i:itii:iiiiIIIIiiiiliIlIIi@i:tlil:li:i:itit:iWititt@Hti:mM1MW:it:i:iii:i:i@iIiiiiJm:i:m:i:i:i:i:iti:~ttlt:tim:iiiigJj_lil[titttta:it:iiti:ti'i::l Assets Time Deposits 958,857 TA201 897,925 r9if~~i:!j,I:::::::::::ii:::i!:i::::::!:::::::!!:i:i::::::i!!:::i::::iiii:i:::i!:i:i:::::::::\::\\!:\\\::'::iii:ii:::::::::\:!::::::!:::\':::i\:::::i:i::::::::::::::::::\::::!:::::::::::::1::::::ii:i:::::::\:!::::\\\:i:::::\:::!!:::::::::!::i:!::::i:ii::i!!:\i:::i!i:!:!!::::::!:::!::!:::!:::i::i:::i!:!i::!!:!!!!:\!!:!!:!:::!::!!!!::!:::!:::!Im!!ii:::i:i!:!:!:::\\:::::::::i::'!!:::!i::i!::i:i:\'::::::!:::!:!:::::!!::!:!::::::!::::!:::Ir.f,~!::!: 19*i~!ill!l!:::::!:i::::\\iii::i!:::::::!::i!ii::!!i!::::\:::'!:':i:i:i'i!::ii:::::!i':::i::::::::i!:i!:::::::!'::i,:,iii:::::::!:!!:::i:i:::::\::"::::::i::i:i:::::i:\::::::::!:::i:::::\:\:::iI::::::::::i!!:::\:!!:::!!::!::::::::\:::!:::i:!I:::':::ii:::ii:!!\\i::!!::ii!!::::::\:\:::::::\::i:::!i:"'::::iiii:::\:::iii:ii!i:i:ii\\\!'I~!lr!:!!::::ii::!i::::!i:::!::!:\'i!:::'!::::!:!:::!:!:i:::::iiiiii:i:!i:!i::::::::i!i:ii:::i!t~,~,::' .. .. .. Page 81 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (TA) AGENCY Balance Sheet .. t.iutWt._t~t~!!!!i.t!!:!;!:!!!!!:!!!!!:!:!!!!!!!!t:!!:t!!!~!!!!!!!!:!:!!!:!!!!!!;t:!!!tt!!!!!!!!l:;!!::!!!!!!!!~~t:!!~~~~~!t~!;!!!!tt!:~!:!~~!!t!!!!t!~!~t!!#!!@!Mi.:jl~!~!!l~;:i.!!!~;!!!WM~j!!!!!!!Mmt!tWril!:!~~!g!!!!t!;!!!!@@!ll!!!!!!t~ilg_~!!;!tUt!:!:!:!~t!!ttt1l~:r!f!!!!!!!1t!t:!j Liabilities And Fund Equity Due To Other Funds 15,312 TA630 45,854 Group Insurance 4,461 TA20 3,172 Assoc & Union Dues 37 TA24 37 Guaranty & Bid Deposits 515,847 TA30 543,760 Bail Deposits 565 T A35 1 ,325 other Funds (specify) 422,635 TA85 303,777 m!ti'::lj!ll::!~"ii!llii::::!::::!::!::::::::::::::!::::::::,:!!!!:::::l!::!:::!:::'!::!::::!::::::I:::::!:!!:!!:::::::::!!:!::::~l::::::::::::!!::!l!!I:::l:::::'::!:::!:::::!::l:::::::::::::l::::!!::!:::!:!l::::!::!::::::t::::!:::::::t::::::::::!:::::!:::::!:!l::::::!!::!:::!':::!:!':!!:l::!:!:::!l!:I~~!I::!:':!:!::::::::::::::::::::::!::'::!!::!!!:::::::::::!::::!!:::!l!:::::::::::::!:::!:::!:::::::::::::!:::jt!i~J~:! -.-.-- .. .. Page 82 OSC Municipality Code 130386800000 - TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Balance Sheet a~!!__t:!tIt:tt::::::t:!:::t!@it!t:!@ffi!i!t:tI;I!@tll:t!@!I;:fIfiI!!::tt!:::::!:::l:t:::::::::ll:!::t!Mmg::::::::It:::lt@@Mlttiim:i::!:!::t@l:i_tW:!iI:iI:!I!!itlfigg;tUt:t::t::!@iB!:ttt:WW!:j - ., ., Page 83 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 1t~!Him@i1_;;;;t~;;~;~;f:;~~~;:t~t;;~~;~\lt:t;;::~;:;~;:;:;;;:):~:m;;;::~tff:~:;;;t\t:;;;;;;;;;;;;;;;t!@t;:;t:t\:~:::t:;;lH;~l;;l~~~;Htl;;l:t:~;;;;@;\l@;;;:;::;~;;;~:tf;ttnl;M;@~;~;;:tt:i~:;;;;;;;;~~;;;;:l;:t~tl~;:;!@\mm~t;:Mtt;tt@tMt~.t;;tttt:tj Balance Sheet .. .. .. Page 84 " TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Results of Operation t~ltlfi@_:l:!:!:!:l:t!:!:lf::::t!l:t!:!:!:!:@:lt!l:!:@:!:@:t!:!f:M!f:llfillt@tff:t::!:!:!:l:l!ti:::fil!li:ll!!:~Wi!lr:mm@!i~M!:!:lmt!:@mU::ff:t::!:!"lft:::mmllll::lt.ii4fiiilltW!i:::m!:!i!ffl.t!:t!ffi!i!l ." .. .. Page 85 .. TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 Results of Operation ~Wd:.@.:t:ttt::tt:t:t:t:t::::::::tt:ttttttt::::r::::::i:::m:tt::::m:::m::t:t:~ftIW:tW:(t::tnWJ~jMfl:::::::::t:@:%::l:t:l:~:@~i;:::::t:t:::.it:::::tltHt:tl'iW~it::::lltttt:::t_::::m:tttJ .. .. .. Page 86 .- TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (V) DEBT SERVICE Changes in Fund Equity ~~ii:Ii$~.tttitt~iiltit:i:i:i:tttt!:!l!i@!litttt!illtltlllli:ttiiiii:ili:!:!:tlltit!f!WMMif!:il!llt!flli:i:i:iii:i@i@llll!@!:::!l!il!_!@iI!ff1!!!~I!!!ifii_iiiiiimit:tl@t!:_it!tit:i@] ANALYSIS OF CHANGES IN FUND EQUITY o o o o o o ., ., ., Page 87 OSC Municipality Code 130386800000 *' TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 (yI/) NON-CURRENT GOV LIABILITY Balance Sheet .i:~~_!i!:!:::I:i:@i!i~i!ttl:@iI!:III:::::I:::I:IImliI::II:::iIII!:Ij::II:j::::~:iImII::I:IIiIIlIIi::I~iI:i:::IiII~!:!i@i@t!!i!i!:!:!n:I:tIII!ili!i!i!i!{II_i!l:!:!i@g:!{!HilIJit.w.siH!:!i:{ti!i!:!:!:!:'B!ti!:!l:!t{j Assets Total Non-Current Govt Liabilities 27,207,179 W129 25,178,666 ]Rlf:;::m#:~.:m~!:!!::.!:!t~.i:I~~ii::::::::::'::::::::::::::::':::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::i:"::::::::i:i:::::::::'::::::::::::::::::::::!!:[:::::::i:!::::::::::::::::::::::::::1t.*.Jit~g!:::::::::::::::::::::::::::::::::::::::::::::::[:!'::::::::!::::::!::!::::!:'::I!i11IJU:: mgI~f:::lili::::::::::i:i::::!:::::::::::::::::::::::::::::::::!:i!::!::!:':::::!i:::!:!:iii:::::::::::ii:::::::i::ii::::i[:::::::::::::::::ii::::::ii:::::::::::::::[:::::!::::!!::!:!:::::::::!!,:::::::::::!::::::::::!:::::::::::::::::::::i:::::::::::::::::::::::::::i:i::!:::!!!!:!::::::::::::::::::::::::::!i!!i:!::::::!:::::Irll~~r=,::::::!:'!::':::!:::::::::::::::::::::::::!::::::::::::!:i::!:::::::::::::::::lli1IMS::: .. .. ., Page 88 OSC Municipality Code 130386800000 ", TOWN OF Wappinger Annual Update Document For the Fiscal Year Ending 2004 0N) NON-CURRENT GOV LIABILITY Balance Sheet t.~f.~~_~I!!lif~::l~~~:~:~:@:~:~:~:~::~~:::::~t~~~:::~~::tMM:::~~l:~~:~:::~~~:~~H:l~~:::~:~~~~~:~~l:~:~:~~:~::~:::::~:r~:::::::::::r~~M:~~t~~:~:~~~~~i~:::::i~~:::m~~i:~~~Mn::l~~~Jtm~~~~~~l~~::~:::~:::~~~~:lI~:t~:~l:::::::H::~~d:@t:~tM:::~~:::l:Mf!ilid~:~~~:~m~lM:~:::::::rt~~~dtr::~:tt~it:1 Liabilities And Fund Equity Landfill Closure & Post Closure 75,000 W684 75,000 Judgments And Claims Payable 80,000 W686 80,000 Compensated Absences 127,623 W687 110,110 _ Ii . .. . Page 89 OSC Municipality Code 130386800000 " TOWN OF Wappinger Financial Comments For the Fiscal Year Ending 2004 (SS) SEWER Adiustment Reason Account Code SS8015 FEMA AID RECEIVED FOR BLACKOUT 2003 LESS THAN ACCRUED AMOUNT OF 5500. LESS ACTUAL AMOUNT RECEIVED 1567.0 (H) CAPITAL PROJECTS Adiustment Reason Account Code H8015 PRIOR PERIOD ADJUSTMENT OTHER SUPPORT COSTS UNDERSTATED " .. ., Page 90 OSC Municipality Code 13038E ., TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Water and Other Purposes Exempt From Constitutional Debt Limit . Bond Anticipation Note No. 2002000002 EDPCODE Amoun Month and Year of Issue 5/2/2002 Purpose of Issue Wate Current Interest Rate 2.000 Outstanding Beginning of Year :>P18661 3,100,000 Issued During the Fiscal Year (do not include renewals here) ~P18663 Paid During the Fiscal Year (do not include renewals here) ~P18665 180,000 Outstanding End of the Fiscal Year ~P18667 2,920,00 Final Maturity Date 4/29/2005 Bond Anticipation Note No. 2000000003 EDPCODE Amoun Month and Year of Issue 12/23/1996 Purpose of Issue ;HWA Y EQUIPMENT Current Interest Rate 1.650C Outstanding Beginning of Year 2P18661 172,000 :Issued During the Fiscal Year (do not include renewals here) 2P18663 0 Paid During the Fiscal Year (do not include renewals here) 2P18665 124,000 putstanding End of the Fiscal Year 2P18667 48,000 Final Maturity Date 8/11/2005 t [Bond Anticipation Note No. 2002000001 EDPCODE Amoun Month and Year of Issue 12/18/2002 Purpose of Issue Wate Current Interest Rate 1.650C Outstanding Beginning of Year 2P18661 185,000 Issued During the Fiscal Year (do not include renewals here) 2P18663 0 Paid During the Fiscal Year (do not include renewals here) 'P18665 25.000 Outstanding End of the Fiscal Year 2P18667 160,000 final Maturity Date 8/11/2005 Bond Anticipation Note No. 2004000005 EDPCODE Amoun Month and Year of Issue 8/11/2004 Purpose of Issue Water :Current Interest Rate 1.6500 Outstanding Beginning of Year 12P18661 ~ssued During the Fiscal Year (do not include renewals here) 2P18663 780,000 Paid During the Fiscal Year (do not include renewals here) 2P18665 Outstanding End of the Fiscal Year 2P18667 780,000 Final Maturity Date 8/11/2009 II .. Page 91 OSC Municipality Code 130386800000 ~ TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 J ; ;'Water and Other Purposes Exempt From Constitutional Debt Limit .. Bond Anticipation Note No. 2004000007 EDPCODE Amoun Month and Year of Issue 4/29/2004 Purpose of Issue Wate Current Interest Rate 2.000 Outstanding Beginning of Year 'P18661 Issued During the Fiscal Year (do not include renewals here) 2P18663 2,800,000 Paid During the Fiscal Year (do not include renewals here) ?P18665 putstanding End of the Fiscal Year 2P18667 2,800,00 Final Maturity Date 4/29/200~ Bond Anticipation Note No. 2002000003 EDPCODE Amoun Month and Year of Issue 2/14/2002 Purpose of Issue Highway Equipmen Current Interest Rate 1.650 putstanding Beginning of Year 'P18661 150,00 Issued During the Fiscal Year (do not include renewals here) 'P18663 0 Paid During the Fiscal Year (do not include renewals here) ~P18665 50,060 Outstanding End of the Fiscal Year ~P18667 100,000 Final Maturity Date 8/11/2005 Bond Anticipation Note No. 2001000002 EDPCODE Amoun Month and Year of Issue 5/3/2001 Purpose of Issue Wate Current Interest Rate 2.000< Outstanding Beginning of Year 2P18661 1,850,OO( Issued During the Fiscal Year , (do not include renewals here) 2P18663 C paid During the Fiscal Year , (do not include renewals here) ~P18665 50,000 'Outstanding End of the Fiscal Year ~P18667 1,800,OOC Final Maturity Date 4/29/2001 .. Page 92 OSC Municipality Code 130386800000 '!II TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Water and Other Purposes Exempt From Constitutional Debt Limit rf Bond Anticipation Note No. 2000000001 EDPCODE Amoun Month and Year of Issue 7/9/199 Purpose of Issue 'VATER AND SEWER Current Interest Rate 1 .3400 Outstanding Beginning of Year 'P18661 120,000 Issued During the Fiscal Year ! (do not include renewals here) 2P18663 C 'Paid During the Fiscal Year (do not include renewals here) 2P18665 120,000 Outstanding End of the Fiscal Year 'P18667 0 Final Maturity Date 3/5/2004 Irotal Bond Anticipation Note Amoun butstanding Beginning of Year 5,577,000 Issued During Fiscal Year 3,580,000 Paid During Fiscal Year 549,000 Outstanding End of Year 8,608,000 :*** Bond Anticipation Notes Redeemed : From Bond Proceeds During Fiscal Year !2P18885 0 "" ... Page 93 OSC Municipality Code 130386800000 " TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Water and Other Purposes Exempt From Constitutional Debt Limit "" Bond No. 2000000010 EDPCODE Amoun Month and Year of Issue 12/1/198 Purpose of Issue WATER Current Interest Rate 7.7500 Outstanding Beginning of Year ~P18671 18,300 Issued During the Fiscal Year (do not include renewals here) 2P18673 Paid During the Fiscal Year (do not include renewals here) 2P18675 9,15 Outstanding End of the Fiscal Year 2P18677 9,15 Final Maturity Date 6/1 /200~ Bond No. 2000000008 EDPCODE Amoun Month and Year of Issue 5/1/1917 ,Purpose of Issue SEWER iCurrent Interest Rate 5.375e Outstanding Beginning of Year ?P18671 98,OOe Issued During the Fiscal Year (do not include renewals here) ?P18673 0 Paid During the Fiscal Year (do not include renewals here) I2p18675 98,OOC Outstanding End of the Fiscal Year I2P18677 C Final Maturity Date 5/1 /200~ Bond No. 2000000012 EDPCODE Amoun Month and Year of Issue 7 /30/199~ iPurpose of Issue WATEF Current Interest Rate 3.700e Outstanding Beginning of Year ~P18671 410,000 Issued During the Fiscal Year (do not include renewals here) 2P18673 e ipaid During the Fiscal Year (do not include renewals here) 2P18675 20,OOe IOutstanding End of the Fiscal Year 2P18677 390,000 Final Maturity Date 10/1/2018 Bond No. 2000000009 EDPCODE Amoun Month and Year of Issue 5/1/1977 Purpose of Issue WATER Current Interest Rate 5.3750 Outstanding Beginning of Year ?P18671 101,000 Issued During the Fiscal Year (do not include renewals here) 2P18673 0 Paid During the Fiscal Year (do not include renewals here) I2P18675 101,000 Outstanding End of the Fiscal Year I2P18677 0 Final Maturity Date 5/1/2004 . .. Page 94 OSC Municipality Code 130386800000 ." TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Water and Other Purposes Exempt From Constitutional Debt Limit ." iBond No. 2003000006 EDPCODE Amoun iMonth and Year of Issue 3/5/200~ !Purpose of Issue Wate Current Interest Rate 4.0700 Outstanding Beginning of Year 2P18671 564,000 Issued During the Fiscal Year I (do not include renewals here) 'P18673 0 ipaid During the Fiscal Year (do not include renewals here) 2P18675 7,257 Outstanding End of the Fiscal Year 'P18677 556,74~ Final Maturity Date 3/1/2023 Bond No. 2001000005 EDPCODE Amoun Month and Year of Issue 10/2/2001 Purpose of Issue Sewer Current Interest Rate 3.722C Outstanding Beginning of Year 2P18671 356,400 Issued During the Fiscal Year I (do not include renewals here) 21=>>18673 0 'Paid During the Fiscal Year (do not include renewals here) 'P18675 47,400 Outstanding End of the Fiscal Year 5P18677 309,000 Final Maturity Date 8/15/2011 !Bond No. 2000000007 EDPCODE Amoun Month and Year of Issue 5/1/197i Purpose of Issue WATER !Current Interest Rate 5.375C lQutstanding Beginning of Year I2P18671 14,00C Issued During the Fiscal Year (do not include renewals here) ~P18673 C Paid During the Fiscal Year (do not include renewals here) ~P18675 14,00C Outstanding End of the Fiscal Year 2P18677 C IFinal Maturity Date 5/1/2004 ~otal Bond Amoun Outstanding Beginning of Year 1,561,700 Issued During Fiscal Year 0 paid During Fiscal Year 296,807 Outstanding End of Year 1,264,893 " q . Page 95 OSC Municipality Code 130386800000 ,., TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 jlndebtedness Not Exempt From Constitutional Debt Limit .,., Bond Anticipation Note No. 2004000006 EDPCODE Amoun Month and Year of Issue 9/29/2004 Purpose of Issue Highway Equipmen Current Interest Rate 1.6500 Outstanding Beginning of Year 2P18761 Issued During the Fiscal Year (do not include renewals here) ?P18763 240,000 Paid During the Fiscal Year (do not include renewals here) ?P18765 Ioutstanding End of the Fiscal Year ?P18767 240,00C Final Maturity Date 8/11/2009 I Bond Anticipation Note No. 2004000004 EDPCODE Amoun Month and Year of Issue 8/11/2004 Purpose of Issue Jint Landfill Reclosure Current Interest Rate 1.6500 putstanding Beginning of Year 2P18761 Issued During the Fiscal Year (do not include renewals here) 2P18763 420,000 Paid During the Fiscal Year (do not include renewals here) ?P18765 lOutstanding End of the Fiscal Year ?P18767 420,00C Final Maturity Date 8/11/2006 Bond Anticipation Note No. 2003000004 EDPCODE Amoun Month and Year of Issue 8/121200~ Purpose of Issue Fuel Storage Tan~ Current Interest Rate 1.650C butstanding Beginning of Year I2p18761 200,000 Issued During the Fiscal Year (do not include renewals here) I2P18763 C Paid During the Fiscal Year (do not include renewals here) 2P18765 20,000 :Outstanding End of the Fiscal Year 2P18767 180,000 Final Maturity Date 8/12/2008 Bond Anticipation Note No. 2003000003 EDPCODE Amoun Month and Year of Issue 8/12/2003 Purpose of Issue Highway Resurfacing /Current Interest Rate 1.6500 !Outstanding Beginnina of Year 2P18761 315,OOC Issued During the Fiscal Year (do not include renewals here) ?P18763 C Paid During the Fiscal Year : (do not include renewals here) 2P18765 16,40C /Outstanding End of the Fiscal Year ?P18767 298,60C Final Maturity Date 8/12/2013 " . Page 96 OSC Municipality Code 130386800000 "" TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Indebtedness Not Exempt From Constitutional Debt Limit fI"" Bond Anticipation Note No. 2003000002 EDPCODE Amoun j Month and Year of Issue 8/12/2003 Purpose of Issue Recycle Centel :Current Interest Rate 1.6500 Outstanding Beginning of Year 2P18761 175,000 Issued During the Fiscal Year (do not include renewals here) 2P18763 0 Paid During the Fiscal Year (do not include renewals here) 2P18765 17,500 'Outstanding End of the Fiscal Year 2P18767 157,500 Final Maturity Date 8/12/200f Bond Anticipation Note No. 2004000002 EDPCODE Amoun Month and Year of Issue 8/11/2004 Purpose of Issue chnology Master Plan Current Interest Rate 1.6500 Outstanding Beginning of Year ~P18761 Issued During the Fiscal Year (do not include renewals here) 2P18763 75,000 Paid During the Fiscal Year (do not include renewals here) 2P18765 Outstanding End of the Fiscal Year I2P18767 75,000 Final Maturity Date 8/11/2009 Bond Anticipation Note No. 2003000005 EDPCODE Amoun iMonth and Year of Issue 12/18/2003 !Purpose of Issue Recreation Equipmen Current Interest Rate 1.6500 Outstanding Beginning of Year 'P18761 200,000 Issued During the Fiscal Year (do not include renewals here) 'P18763 0 Paid During the Fiscal Year (do not include renewals here) 2P18765 40,000 Outstanding End of the Fiscal Year 'P18767 160,000 Final Maturity Date 8/12/200a [Bond Anticipation Note No. 2003000001 EDPCODE Amoun Month and Year of Issue 8/12/2003 Purpose of Issue chnology Master Plan Current Interest Rate . 1.650C Outstanding Beginning of Year 2P18761 175,000 llssued During the Fiscal Year h (do not include renewals here) 2P18763 0 [Paid During the Fiscal Year (do not include renewals here) 2P18765 32,500 Outstanding End of the Fiscal Year 2P18767 142,500 Final Maturity Date 8/12/2008 " ., Page 97 OSC Municipality Code 130386800000 """" TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Indebtedness Not Exempt From Constitutional Debt Limit r'" Bond Anticipation Note No. 2004000003 EDPCODE Amoun Month and Year of Issue 8/11/2004 Purpose of Issue Highway Resurfacing Current Interest Rate 1.6500 Outstanding Beginning of Year 2P18761 Issued During the Fiscal Year (do not include renewals here) I2p18763 315,000 Paid During the Fiscal Year (do not include renewals here) ~P18765 Outstanding End of the Fiscal Year I2p18767 315,000 Final Maturity Date 8/11/2006 rfotal Bond Anticipation Note Amoun Outstanding Beginning of Year 1,065,00C Issued During Fiscal Year 1,050,00C Paid During Fiscal Year 126,40C Outstanding End of Year 1,988,60C "** Bond Anticipation Notes Redeemed From Bond Proceeds During Fiscal Year 2P18885 0 .. . Page 98 OSC Municipality Code 130386800000 "'" TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Indebtedness Not Exempt From Constitutional Debt Limit ~ Bond No. 2003000008 EDPCODE Amoun Month and Year of Issue 3/5/200 Purpose of Issue ~reation Field Lighting Current Interest Rate 4.0700 Outstanding Beginning of Year !2P18771 785,000 Issued During the Fiscal Year (do not include renewals here) 2P18773 Paid During the Fiscal Year (do not include renewals here) 2P18775 10,100 Outstanding End of the Fiscal Year 2P18777 774,90 Final Maturity Date 3/1/2023 Bond No. 2001000008 EDPCODE Amoun Month and Year of Issue 10/2/2001 Purpose of Issue nero Services Building Current Interest Rate 4.0023 putstanding Beginning of Year 2P18771 1,115,000 Issued During the Fiscal Year (do not include renewals here) 'P18773 C Paid During the Fiscal Year (do not include renewals here) 2P18775 85,000 iOutstanding End of the Fiscal Year 2P18777 1,030,000 Final Maturity Date 10/1/2014 Bond No. 2003000007 EDPCODE Amoun Month and Year of Issue 3/5/2003 Purpose of Issue Sewer :Current Interest Rate 4.0700 Outstanding Beginning of Year !2P18771 905,000 Issued During the Fiscal Year (do not include renewals here) !2P18773 C Paid During the Fiscal Year (do not include renewals here) I2P18775 11 ,64~ Outstanding End of the Fiscal Year I2P18777 893,357 Final Maturity Date 3/1/2023 Bond No. 2001000007 EDPCODE Amoun ,Month and Year of Issue 10/2/2001 Purpose of Issue Drainage lCurrent Interest Rate 3.7220 putstanding Beginning of Year 2P18771 995,700 Issued During the Fiscal Year (do not include renewals here) 2P18773 0 :paid During the Fiscal Year (do not include renewals here) 2P18775 124,00C putstanding End of the Fiscal Year 2P18777 871,70C Final Maturity Date 8/15/2011 fII .. Page 99 OSC Municipality Code 130386800000 . TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Indebtedness Not Exempt From Constitutional Debt Limit .. Bond No. 2001000006 EDPCODE Amount Month and Year of Issue 10/2/2001 Purpose of Issue Sewe 'Current Interest Rate 3.722 Outstanding Beginning of Year :>P18771 227,90 Issued During the Fiscal Year (do not include renewals here) I2P18773 0 Paid During the Fiscal Year (do not include renewals here) I2P18775 28,600 Outstanding End of the Fiscal Year I2P18777 199,30C Final Maturity Date 8/15/2011 Bond No. 2000000015 EDPCODE Amoun Month and Year of Issue 5/1/1977 Purpose of Issue DRAINAGE Current Interest Rate 5.3750 Outstanding Beginning of Year 2P18771 12,000 Issued During the Fiscal Year (do not include renewals here) 2P18773 0 Paid During the Fiscal Year (do not include renewals here) 2P18775 12,00C Outstanding End of the Fiscal Year 2P18777 C Final Maturity Date 5/1/2004 Bond No. 2002000004 EDPCODE Amoun Month and Year of Issue 3/14/2002 Purpose of Issue Sewer Current Interest Rate 4.49837 Outstanding Beginning of Year I2P18771 8,896,556 Issued During the Fiscal Year i (do not include renewals here) I2P18773 0 Paid During the Fiscal Year (do not include renewals here) I2P18775 420,000 Outstanding End of the Fiscal Year I2P18777 8,476,55€ Final Maturity Date 4/15/2021 :Sond No. 2000000026 EDPCODE Amoun Month and Year of Issue 9/26/2000 Purpose of Issue LAND & BUILDINGS Current Interest Rate 5.3173 Outstanding Beginning of Year 2P18771 1,895,000 Issued During the Fiscal Year (do not include renewals here) 2P18773 0 Paid During the Fiscal Year (do not include renewals here) 2P18775 70,000 Outstanding End of the Fiscal Year 2P18777 1,825,000 Final Maturity Date 1 0/1/2020 i .. . Page 100 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 Indebtedness Not Exempt From Constitutional Debt Limit . Bond No. 2000000025 EDPCODE Amoun Month and Year of Issue 5/4/2000 Purpose of Issue R. SVCS. BUILDING Current Interest Rate 5.500 Outstanding Beginning of Year 2P18771 64,000 Issued During the Fiscal Year (do not include renewals here) 2P18773 Paid During the Fiscal Year (do not include renewals here) I2P18775 32,00 Outstanding End of the Fiscal Year I2P18777 32,000 Final Maturity Date 5/5/2005 I 'Bond No. 2000000024 EDPCODE Amount Month and Year of Issue 5/1/1995 Purpose of Issue SEWER Current Interest Rate 6.000 Outstanding Beginning of Year 2P18771 1,730,00 Issued During the Fiscal Year (do not include renewals here) 2P18773 0 Paid During the Fiscal Year (do not include renewals here) 2P18775 125,00 putstanding End of the Fiscal Year 2P18777 1,605,000 Final Maturity Date 11/1/2015 Bond No. 2000000023 EDPCODE Amoun Month and Year of Issue 12/1/1994 Purpose of Issue SEWER ~urrent Interest Rate 5.635C Outstanding Beginning of Year 2P18771 5,455,OOC Issued During the Fiscal Year (do not include renewals here) 2P18773 0 Paid During the Fiscal Year (do not include renewals here) ~P18775 405,000 Outstanding End of the Fiscal Year ~P18777 5,050,000 Final Maturity Date 5/1/2015 Bond No. 2000000021 EDPCODE Amoun Month and Year of Issue 11/12/199' Purpose of Issue SEWEF Current Interest Rate 3.0000 Outstanding Beginning of Year I2P18771 3,150,000 Issued During the Fiscal Year (do not include renewals here) I2P18773 0 Paid During the Fiscal Year (do not include renewals here) ~P18775 325,OOC ,Outstanding End of the Fiscal Year I2P18777 2,825,OOC Final Maturity Date 9/1/2014 . . Page 101 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Statement of Indebtedness For the Fiscal Year Ending 2004 I ndebtedness Not Exempt From Constitutional Debt Limit .. Bond No. 2000000017 EDPCODE Amoun Month and Year of Issue 12/1/1985 Purpose of Issue TOWN HAL Current Interest Rate 7.7500 Outstanding Beginning of Year ~P18771 86,850 Issued During the Fiscal Year (do not include renewals here) ~P18773 0 Paid During the Fiscal Year (do not include renewals here) ~P18775 43,425 Outstanding End of the Fiscal Year ~P18777 43,425 Final Maturity Date 6/1/2005 Bond No. 2000000016 EDPCODE Amoun Month and Year of Issue 12/1/1985 Purpose of Issue Sewer Current Interest Rate 7.7500 Outstanding Beginning of Year 2P18771 44,85C Issued During the Fiscal Year (do not include renewals here) 2P18773 C Paid During the Fiscal Year (do not include renewals here) 'P18775 22,42t Outstanding End of the Fiscal Year 2P18777 22,425 Final Maturity Date 6/1/200t Irotal Bond Amoun Outstanding Beginning of Year 25,362,8S6 Issued During Fiscal Year C Paid During Fiscal Year 1,714,19~ Outstanding End of Year 23,648,66~ q ********444444444"****44"""444444444444444444'.'..'444444AAAAAAA""""""""""""""""""""""'"AAAAAAA"A"'******* ***4444444444.4444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444444 .. Total of All Indebtedness Includes Total of Bonds and Notes - Exempt and Not Exempt Irotal Bond Amoun !Outstanding Beginning of Year 33,566,5S€ :Issued During Fiscal Year 4,630,OOC !Paid During Fiscal Year 2,686,400 [Outstanding End of Year 35,510,1S€ ., Page 102 OSC Municipality Code 130386800000 ." TOWN OF Wappinger Schedule of Securities for Collateralization For the Fiscal Year Ending 2004 General Municipal Law, Section 10 as amended by chapter 708 Laws of 1992 lists the types of securities which may be pledged for collateralization. Please click in the response box next to the type(s) of securities used by banks as collateral for your deposits. Yes 1. Obligations issued by the United States of 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 2. Obligations issued or fully guaranteed by the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank and the African Development .' Yes 3. Obligations partially insured or fully guaranteed by 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 Yes 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. Yes 5. Obligations issued by states (other than this 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 three highest rating categories by at least one nationally recognized statistical rating organization. 7. Obligations of counties, cities, and other 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 one of the two highest rating categories by at least one nationally recognized statistical rating organization. ., 9. Any mortgage related securities, as defined in 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 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 the United States government marketed as "Treasury Strips". 12. Letters of Credit. 13. Surety bonds. . Page 104 OSC Municipality Code 130386800000 .. TOWN OF Wappinger Schedule of Time Deposits and Investments For the Fiscal Year Ending 2004 EDP Code Amount CASH: On Hand 9Z2001 $800.00 Demand Deposits 9Z2011 $0.00 Time Deposits 9Z2021 $8,872,411.00 Total $8,873,211.00 COLLATERAL: - FDIC Insurance 9Z2014 $500,000.00 Collateralized with securities held in .. possession of municipality or its agent 9Z2014A $10,477,455.00 Total $10,977,455.00 INVESTMENTS: - Securities (450) Book Value (cost) 9Z4501 Market Value at Balance Sheet Date 9Z4502 Collateralized with securities held in 9Z4504A possession of municipality or its agent - Repurchase Agreements (451) Book Value (cost) Market Value at Balance Sheet Date 9Z4511 9Z4512 Collateralized with securities held in possession of municipality or its agent 9Z4514A .. . Page 105 OSC Municipality Code 130386800000 ., TOWN OF Wappinger Investment Certification For the Fiscal Year Ending 2004 DEFINITIONS: Repurchase Agreement - A generic term for an agreement in which a government entity (buyer-lender) transfers cash to a broker-dealer or financial institution (seller-borrower); the broker-dealer or financial institution transfers securities to the entity and promises to repay the cash plus interest in exchange for the same securities or for different securities. Reverse Repurchase Agreement - An agreement in which a broker-dealer or financial institution (buyer-lender) transfers cash to a government entity (seller-borrower); the entity transfers securities to the broker-dealer of financial institution and promises ro repay the cash plus interest in exchange for the same securities or different securities. . 1) Has your Local Government adopted an investment policy as required by General Municipal Law, Section 39? 2) The following investments are permitted by your investment policy. * Obligations of the UNITED STATES * Obligations of the U.S. Government Agencies, guaranteed by the UNITED STATES Government * Obligations of the STATE of NEW YORK * Obligations of other NEW YORK STATE Local Governments * Other Do you engage in reverse repurchase agreements? RESPONSE Yes Yes Yes Yes Yes 3) 4) Are Repurchase Agreements authorized by your investment policy? No Yes Name: Title: Phone Number: JOSEPH RUGGIERO SUPERVISOR (845) 297-2744 .. . Page 106 )SC Municipality Code 130386800000 .. TOWN OF Wappinger Bank Reconciliation For the Fiscal Year Ending 2004 Include All Checking, Savings and C.D. Accounts Bank Add: Less: Adjusted Account Bank Deposit Outstanding Bank Number Balance In Transit Checks Balance 076-1000000 $1,313,787 $0 $0 $1,313,787 .. 398-1172261 $1,635,679 $0 $0 $1,635,679 573-880018 $359,110 $0 $0 $359,110 591-9000424 $21,523 $0 $21,523 $0 591-9900107 $476,160 $273 $11,477 $464,956 591-9900115 $127,412 $0 $24,451 $102,961 591-9900123 $50,762 $0 $370 $50,392 591-9900131 $6,187 $0 $0 $6,187 591-9900140 $97,462 $0 $0 $97,462 591-9900158 $411,692 $0 $0 $411,692 591-9900166 $380,944 $6,282 $2,250 $384,976 591-9900212 $2,595,371 $1,931 $6,434 $2,590,868 591-9913497 $7,073 $0 $0 $7,073 591-9916526 $4,968 $0 $0 $4,968 592-0043252 $2,937 $0 $0 $2,937 592-0056155 $85,826 $5,030 $141 $90,715 592-0056252 $491,817 $0 $10,703 $481,114 592-0057853 /, i $6,042 $0 $28 $6,014 .. 938-1189732 $244 $0 $0 $244 938-1190290 $10,009 $0 $0 $10,009 945-8913857 $850,204 $0 $0 $850,204 945-8914630 $22 $0 $0 $22 945-9022976 $671 $0 $0 $671 947-5696399 $101,322 $0 $100,952 $370 CASH-NYSEFC $465,885 $0 $0 $465,885 .. Page 107 OSC Municipality Code 130386800000 .. Bank Account Number CASH- TMSC .. . .. TOWN OF Wappinger Bank Reconciliation For the Fiscal Year Ending 2004 Include All Checking, Savings and C.D. Accounts Bank Balance Add: Deposit In Transit $5,000 Total Adjusted Bank Balance Eetty Cash Adjustments Total Cash Total Cash Balance All Funds * Must be equal Page 108 Less: Outstanding Checks $0 9ZCASH 9ZCASHB $5,000 $9,343,296 $800.00 $.00 $9,344,096 $9,344,096 Adjusted Bank Balance $0 * * OSC Municipality Code 130386800000 . TOWN OF Wappinger Local Government Questionnaire For the Fiscal Year Ending 2004 Response 1) Does your municipality have a written procurement policy? Yes 2) Have the financial statements for your municipality been independently audited? Yes If not, are you planning on having an audit conducted? 3) Does your local government participate in an insurance pool with other local No governments? 4) Does your local government participate in an investment pool with other No local governments? 5) Does your municipality have a Length of Service Award Program (LOSAP) No . for volunteer firefighters? 6) Does your municipality have a Capital Plan? No 7) Has your municipality prepared and documented a risk assessment plan? No If yes, has your municipality used the results to design the system of internal controls? 8) Have you had a change in chief executive or chief fiscal officer during the last year? 9) Does your municipality have access to the internet? Does your municipality have an official E-mail address? If yes, what is it? Does the chief fiscal officer have a separate E-mail address? If yes, what is it? Do you have a web site? If yes, what is the official address of the web site for your municipality? No Yes No Yes jruggiero@townofwappinger.us Yes http://www.townofwappinger.us . . Page 1 09 OSC Municipality Code 130386800000 . CERTIFICATION OF CHIEF FISCAL OFFICER I, JOSEPH RUGGIERO the TOWN of WAPPINGER , hereby certify that I am the Chief Fiscal Officer of , and that the information provided in the annual financial report of the TOWN of WAPPINGER , is TRUE and correct to the best of my knowledge and belief. By entering the personal indentification number assigned by the Office of the State Comptroller to me as , for the fiscal year ended 12/31/2004 the Chief Fiscal Officer of theTOWN of WAPPINGER , and adopted by me as . my signature for use in conjunction with the filing of the TOWN of WAPPINGER's annual financial report, I am evidencing my express intent to authenticate my certification of the TOWN of WAPPINGER's annual financial report for the fiscal year ended 12/31/2004 and filed by means of electronic data transmission. GERALD A. TERWILLIGER Name of Report Preparer if different than Chief Fiscal Officer JOSEPH RUGGIERO Name (845) 297-2744 Telephone Number COMPTROLLER Title 20 MIDDLEBUSH RD., WAPPINGEI Official Address 04/30/2005 Date of Certification (845) 297-0060 Official Telephone Number ., Page 110 Municipality Code 130386800000 . . TOWN OF Wappinger Supplemental Section Comments For the Fiscal Year Ending 2004 . ., ., Page 111 .. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31. 2004 NOTE A - Summary of Accountine Policies The Town of Wappinger, New York ("the Town") was incorporated on 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/women. 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, some of which are as follows: 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 compri sed 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 fund types and two account groups, as follows: GOVERNMENTAL FUND TYPES The accounting and reporting treatment applied to assets and 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." -1- - .. TOWN OF W APINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 Summary of Accounting Policies (Continued) 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. 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 Special Revenue Fund is used to account for the proceeds of specific revenue sources (other than special assessments, expendable trust or major capital projects) that are legally restricted to expenditures for specified purposes. Capital Projects Fund This fund is used to account for financial resources to be used for the acquisition and construction of major capital facilities. FIDUCIARY FUND TYPE 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. These include Expendable Trust and Agency Funds. Expendable Trusts are accounted for in essentially the same manner as governmental funds. Agency funds are custodial in nature (assets equal liabilities), and do not involve measurement of results of operations. ACCOUNT GROUPS Account groups are used to establish accounting control and accountability for General Fixed Assets and General Long-Term Debt. 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. -2- .. . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 Summary of Accounting Policies (Continued) General Fixed Assets Account Group Property, plant and equipment used in governmental fund type operations are accounted for in the General Fixed 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. Interest costs incurred during construction have not been capitalized, however. The Town has adopted the accounting policy of not capitalizing "infrastructure" general fixed assets (roads, bridges, curbs and gutter, streets and sidewalks, drainage system, lighting systems and similar assets) that are immovable and of value only to the Town. General Long-Term Debt Account Group 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. They are recorded at the par value of the principal amount. No liability is recorded for interest payable to maturity. . 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. 3. 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 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. -3- . . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENT (CONT'D.) DECEMBER 31. 2004 Summary of Accounting Policies (Continued) 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; (2) principal and interest on general long-term debt which is recognized when due; and (3) expenditures for inventory-type items which are recognized at the time of purchase. Expenditures for judgments and settled claims are also recognized when the related liability is incurred, that is when the judgment has been rendered or settlement has . been reached. Unsettled claims and contingencies are recognized only if it is probable that an asset has been impaired or a liability has been incurred and the amount of the impairment or liability can be reasonable estimated. 4. 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 Capital Projects Fund, budgets are established at the project level and continue until the project is completed. Unused appropriations of the annually budgeted funds lapse at the end of of the year. 5. Encumbrances Encumbrance accounting, under which purchase orders, contracts and other commitments for the expenditure of monies are recorded for budgetary control purposes to reserve that portion of the applicable appropriations, is employed as a control in preventing over expenditure of established appropriations. Open encumbrances are reported as reservations of fund balance since they do not constitute expenditures or liabilities and will be honored through budget ., appropriations in the subsequent year. 6. Cash and Investments Cash includes amounts in demand and time deposits, as well as, short-term investments. State statutes and the Town's own written investment policy govern the investment policies of the Town. Short-term investments consist of investments in repurchase agreements. The repurchase agreements involve purchases by a broker of portfolio securities concurrently with an agreement by the broker to sell the same securities at a later date at a fixed price. Generally, the effect of such a transaction is -4- .. . TOWN OF WAPPINGER, NEW YORK NOTES TO FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 Summary of Accounting Policies (Continued) that the Town can invest its excess cash balances at competitive interest rates. Market value of the repurchase agreements approximates cost plus accrued interest. The cash and investments of the Town at December 31, 2004 are as follows: Special Capital Trust & General Revenue Projects Agency Fund Fund Fund Fund Total Non-Interest . Bearing Accounts $800 $ -0- $ -0- $ -0- $800 Interest Bearing Accounts 968,436 2,205,953 5,205,386 963,512 9,343,287 Repurchase Agreements -0- -0- -0- -0- -0- TOTAL $969 236 $2 205 953 $5205.386 $963512 $9 344 087 All of the Town's deposits were covered by Federal Deposit Insurance or collateralized with securities held by a third party custodian in the Town's name. 7. Accumulated Compensated Absences 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 their period of employment with the Town. No payment will be made upon separation from the Town's service. .. In governmental and fiduciary funds, the cost of vacation and sick leave is recognized when payments are made to employees. A long-term liability of $110,110 of accrued vacation and sick leave at December 31, 2004, has been recorded in the General Long- Term Debt Account Group of Accounts, representing the Town's commitment to fund such costs from future operations. -5- .. .. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31.2004 Summary of Accounting Policies (Continued) 8. Pension Plans Plan Description .. The Town of Wappinger participates in the New York State and Local Employees' Retirement System (ERS), and the Public Employees' Group Life Insurance Plan (Systems). These are cost-sharing multiple-employer retirement systems. The Systems provide retirement benefits as well as death and disability benefits. Obligations of employers and employees to contribute and benefits to employees are governed by the New York State Retirement and Social Security Law (NYSRSSL). As set forth in the NYSRSSL, the Comptroller of the State of New York (Comptroller) serves as sole trustee and administrative head of the Systems. The Comptroller shall adopt and may amend rules and regulations for the administration and transaction of the business of the Systems and for the custody and control of their funds. The Systems issue a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to the New York State and Local Retirement Systems, Gov. Alfred E. Smith State Office Building, Albany, New York 12244. Funding Policy The Systems are noncontributory except for employees who joined the New York State and Local Employees' Retirement System after July 27,1976 who contribute 3% of their salary. Under the authority of the NYSRSSL, the Comptroller shall certify annually the rates expressed as proportions of payroll of members, which shall be used in computing the contributions required to be made by employers to the pension accumulation fund. The Town of Wappinger is required to contribute at an actuarially determined rate. The required contributions for the current year and two preceding years were: ., 2004 2003 2002 ERS $280.000 $115.996 $21.258 The Town's contributions made to the Systems were in excess of 100 percent of the contributions required for each year. The Town has not recorded a deferred asset for the excess contributions made since the additional funds have been applied to the pension credits described below. -6- .. .. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 Summary of Accounting Policies (Continued) Since 1989, the System's billings have been based on Chapter 62 of the Laws of 1989 of the State of New York. This legislation requires participating employers to make payments on a current basis, while amortizing existing unpaid amounts relating to the System's fiscal years ending March 31, 1988 and 1989 (which otherwise were to have been paid on June 30, 1989 and 1990, respectively) over a 17-years period, with an 8.75% interest factor added. Local governments were given the option to prepay this liability. The Town of Wappinger paid this liability in full in 1989. .. However, during the 1990 Legislative session Chapter 210 was enacted which required a change in funding method. This change was subsequently ruled unconstitutional but Chapter 210 also required that any credits created by the initial change be applied to the Chapter 62 billing change liability. Although the Town had paid its liability as noted above, an amortization balance was created, which was offset by the prepaid amortization credit. The Town, therefore, did not record any net liability. In 1998, the Town elected to apply the accrued pension credits against the amortization balance. 9. Deferred Compensation Plan Employees of the Town of Wappinger may participate in a deferred compensation plan adopted under the provisions ofInternal Revenue Code Section 457 (Deferred Compensation Plans with Respect to Service for State and Local Governments). The deferred compensation plan is available to all employees of the Town. Under the plan, employees may elect to defer a portion of their salaries and avoid paying taxes on the deferred portion until the withdrawal date. The deferred compensation amount is not available for withdrawal by employees until termination, retirement, death, or unforeseeable emergency. .. The deferred compensation plan is administered by an unrelated financial institution. Under the terms of an IRC Section 457 deferred compensation plan, all deferred compensation and income attributable to the investment of the deferred compensation amounts held by the financial institution, until paid or made available to the employees or beneficiaries, are the property of the Town subject only to the claims of the Town's general creditors of the Town, and each participant's rights are equal to his or her share of the fair market value of the plan assets. The Town believes that it is unlikely that plan assets will be needed to satisfy claims of general creditors that might arise. -7- .. . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 Summary of Accounting Policies (Continued) 10. Post Employment Benefits In addition to providing pension benefits, the Town provides health insurance coverage and survivor benefits for retired employees and their survivors. Substantially all of the Town employees may become eligible for these benefits if they reach normal retirement age while working for the Town. Health care benefits and survivors benefits are provided through an insurance company whose premiums are based on the benefits paid during the year. The Town recognizes the cost of providing benefits by recording its share of insurance premiums as an expenditure in the year paid. .. For the year of 2004, $46,721.00 was paid on behalf of twelve retirees and recorded as expenditures in the General and Special Revenue Funds. 11. Property Taxes The Town submits an approved budget to the Dutchess County Commissioner of Finance by December Slli of the previous year. The County then establishes the warrant for the year which is due and payable on or about January 1 of each year. The Town collects the taxes on behalf of the Town and County without penalty through February 28th and with penalties and interest 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 unpaid to the County Commissioner of Finance. 12. 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. 13. Insurance The Town of Wappinger assumes the liability for most risk including, but not limited to, property damage and personal injury liability. Such risks are covered by the purchase of commercial insurance. Judgments and claims are recorded when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimated. Workers compensation coverage is provided through a retrospective policy, wherein premiums are recorded based on the ultimate cost of the experience to date of workers in similar occupations. -8- .. . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31.2004 Summary of Accounting Policies (Continued) 14. Reserves of Fund Equity The Town records indicate that portions of the fund equity are segregated for a specific future use. The following details the description and amounts of the reserves used by the Town: BALANCE AT DECEMBER 31.2004 A. General Fund ., Miscellaneous: Reserved for Inspection Fees Reserved for Escrow Total Miscellaneous Reserves 330,000 72.900 402,900 TOTAL $ 402.900 15. Allowance for Uncollectible Accounts An Allowance for Uncollectible Accounts is 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. NOTE B - Interfund Receivables and Pavables The following is a summary of amounts due form and due to other funds as of December 31, 2004: DUE TO DUE FROM . General Fund General Fund - Part Town Capital Projects Fund Water Fund Sewer Fund Trust and Agency Highway $85,433 70773 278,338 23078 23,100 45,854 65,244 $145,057 250,444 70,000 5,219 3,100 118.000 TOTAL $591.820 $591.820 -9- - .. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 NOTE C - General Fixed Assets Account GrouD The following is a summary of changes and adjustments in the General Fixed Assets Account Group, for the year ended December 31, 2004: BALANCE- BALANCE- January 1, DECEMBER 31, 2004 ADDITIONS (DELETIONS) 2004 Land $6,549,550 $20677 $-0- $6,570,227 Buildings 7,421,156 $-0- -0- 7,421,156 .. Improvement Other Than Buildings 2,909,956 40,285 -0- 2,950,241 Machinery & Equip 3.914.381 336.480 -0- 4.250.861 TOTAL $20 795.043 $397.442 $ -0- $21.192.485 NOTE D - Bond AnticiDation Notes Pavable 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 31,2004 are as follows: PURPOSE ORIGINAL MATURITY INTEREST ORIGINAL AMOUNT ISSUE DATE DATE AMOUNT OF OUTSTANDING AT DATE ISSUE DECEMBER 31. 2004 Sewer 07/11/96 03/05/04 1.34% 403,000 -0- Landfill 07/09/98 03/05/04 1.34% 580.000 -0- SUBTOTAL 983,000 -0- Highway Equipment 12/21/99 08/12/04 .95% 363,000 -0- Highway Equipment 12/21/00 08/11/05 1.65% 239,991 48,000 Highway Equipment 12/14/02 08/11/05 1.65% 250,000 100,000 .. Water 12/18/02 08/11/05 1.65% 205,000 160,000 Highway/Rec. Equip. 12/18/03 08/11/05 1.65% 200,000 160,000 Technology Masterplan 08/12/03 08/11/05 1.65% 175,000 142,500 Technology Masterplan 08/11/04 08/11/05 1.65% 75,000 75,000 Recycle Center 08/12/03 08/11/05 1.65% 175,000 157,500 Greystone Fuel Tank 08/12/03 08/11/05 1.65% 200,000 180,000 Highway Rd. Resurf. 08/12/03 08/11/05 1.65% 315,000 298,600 Highway Rd. Resurf. 08/11/04 08/11/05 1.65% 315,000 315,000 Wappinger Park Water 04/18/04 08/11/05 1.65% 780,000 780,000 Pok./Wapp. It. Land 04/08/04 08/11/05 1.65% 420.000 420.000 3.712.991 2.836.600 -10- .. . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31.2004 NOTE D - Bond Anticipation Note Payable (Continued) Original Amount of Issue Purpose Original Issue Date Interest Rate Maturity Date Water Highway Equipment Total 5/03/01 9/29/04 4/29/05 8/11/05 2.00% 1.65% $ 8,050,000 240,000 $12.985.991 NOTE E - Long-Term Debt . 1. Serial Bonds Amount Outstanding at 12/31/04 $ 7,520,000 240.000 $10.596.600 The Town borrows money in order to acquire or construct buildings and public improvements. This enables the cost of these capital assets to be borne by the present and future taxpayers receiving the benefit of the capital assets. These long-term liabilities, which are full faith and credit debt of the Town, are recorded in the General Long-Term Debt Account Group. The provision to be made in future budgets for capital indebtedness represents the amount, exclusive of interest, authorized to be collected in future years from taxpayers and others for liquidation of long-term liabilities. The Serial Bonds Payable, as of December 31,2004 are as follows: PURPOSE ISSUE DATE MATURITY DATE INTEREST RATE ORIGINAL AMOUNT OF ISSUE Water Sewer Drainage 2,630,000 3,005,000 400.000 6.035.000 148,070 362,000 700.000 1.210.070 05/01/77 05/01/04 5.375% Water Sewer Town Hall . 12/01/85 06/01/05 7.75% -11- . AMOUNT OUTSTANDING AT DECEMBER 31. 2004 o o Q Q 9,150 22,425 43.425 75.000 . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER3!.2004 PURPOSE ISSUE MATURITY INTEREST ORGINAL AMOUNT DATE DATE RATE AMOUNT OF OUTSTANDING AT ISSUE DECEMBER 31. 2004 * Sewer Tri-Municipal 11/12/92 09/15/12 3% - 6.65% 6.060.000 2.825.000 ** Sewer Tri-Municipal 12/15/94 05/15/15 Variable 8.519.786 5.050.000 Sewer Tri-Municipal 06/01/95 11/15/15 3.70% - 5.55% 2.610.054 1.605.000 Water - Fleetwood 07/30/98 10/15/18 4.8094% 510.000 390.000 Emergency Services Bldg. 05/04/00 05/04/05 5.50% 160.000 32.000 . Purchase of Greystone 09/26/00 10/01/20 5.3173 2.085.000 1.825.000 Property Refunding Serial Bond Water 452,732 309,000 Sewer 288,876 199,300 Drainage 1.253.392 871.700 10/02/01 08/15/11 3.772% $1.995.000 1.380.000 Refunding Serial Bond Emergency Services Bldg. 10/02/01 10/11/14 4.0023% 1.275.000 1.030.000 Sewer 03/14/02 03/01/22 4.498% 9.836.556 8.476.556 Water 564,000 556,743 Sewer 905,000 893,357 RecreationIPark Lighting 785.000 774.900 03/05/03 03/04/23 4.07% 2.254.000 2.225.000 TOTAL $44.488.966 $24.913.556 *In September of 2002, New York State Environmental Facilities Corporation did a partial refinancing of the Revolving Fund Revenue Bonds, series 1992B by issuing Revolving Funds Revenue Bonds, Series 20021 The issuance of the new Bond will provide net present value savings to the Town of Wappinger in the amount of . $213,764. **In November of 2002, New York State Environmental Facilities Corporation refinanced Revolving Fund Revenue Bonds Series 1994D by issuing Revolving Fund Revenue Bonds Series 2002L. The issuance of the new bonds will provide savings to the Town of Wappinger in the amount of $569,986. -12- . . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 The annual requirements to amortize bonded debt, as of December 31,2004, are as follows: YEAR ENDING PRINCIPAL INTEREST TOTAL DECEMBER 31. 2005 $1,848,556 $1,135,264 $2,983,820 2006 1,790,000 1,063,158 2,853,158 2007 1,830,000 990,784 2,820,784 2008 1,875,000 912,304 2,787,304 2009 1,920,000 828,508 2,748,508 . Thereafter 15,650,000 3,911,939 19,561,939 $24913.556 $8.841.957 $37.022.240 NOTE E - Long Term Debt (continued) 2. Changes The changes in the Town's indebtedness during the year ended December 31,2004 are summarized as follows: BALANCE ADDITIONS (REDUCTIONS BALANCE Januarv 1.2003 December 31. 2004 Serial Bonds $ 26,924,556 $ -0- $ (2,011,000) $ 24,913,556 Landfill Closure and Post- Closure Costs- Note J 75,000 -0- -0- 75,000 Judgments and Claims 80,000 -0- -0- 80,000 Compensated Absences Note A.8 127,623 -0- (17.513) 110,110 Total $ 27 207.179 $ -0- $ (2.028.513) $ 27.207.179 _NOTE F - 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 31,2004 amounted to $39,649. At December 31,2004, the approximate annual operating lease commitments, subject to appropriation of funds, were as follows: -13- - . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31.2004 YEAR ENDING DECEMBER 31. 2005 2006 2007 2008 2009 2010 TOTAL MINIMUM LEASE PAYMENTS OPERATING LEASES $41,899 $34,918 $21,591 $19,206 $15,360 $3.840 $139814 .. NOTE G - Deficit Fund Balances Certain Capital Projects had deficits of fund equity at the end of the year which are listed below. These deficits arose through the funding of expenditures by issuing bond anticipation notes. As the notes are paid, revenue will be recognized and the deficits will be eliminated. Recycle Center DCAirport Landfill CWW 99 2-R Emergency Central Wapp Water#1 Highway Equipment -2004 Highway Equipment-2000 Drainage TriMunicipal Phase 3B Highway Equipment -2001 Oakwood Water Improvement Fleetwood Water II Highway Blacktop/Drainage Highway/Rec. Equipment -2003 Wappinger Park Water Technology Master Plan Greystone Fuel Tanks (73,020) (406,483) (4,580,046) (465) (232,013) (47,722) (95,635) (123,222) (96,914) (141,670) (15,519) (487,339) (156,241) (358,725) (177,669) (149,520) NOTE I - Commitments and Contios!ent Liabilities ., 1. The Town is a defendant in various lawsuits and tax certiorari cases. The outcome of these cases and lawsuits, as determined by the Town Attorney, should not result in material unfavorable settlements. Any return of property taxes made as a result of the settlement of a tax certiorari case is funded by an increase in the property taxes collected in the year subsequent to payment. A provision has been made in the Long- term Debit Account Group for $80,000. 2. The Town has received amounts from grantor agencies, principally the Department of Housing and Urban Development. Any allowed claims, including amounts already collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures which may be disallowed by the grantor agency cannot be determined at this time. -14- .. .. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 NOTE I - Commitments and Contineent Liabilities (continued) 3.Tri-MuniciDal Sewer EXDansion A consent judgment was executed between the Town and the New York State Department of Environmental Conservation dated April 18, 1998 regarding alleged environmental violations. Due to numerous technical difficulties, the Town of Wappinger was unable to meet the threshold dates contained in the consent judgment, and an amended consent judgment was re-negotiated and approved by both parties. ., This amended consent judgment required the Town to construct a sewer line to the Tri-Municipal Sewer Treatment Plant plus a one million gallon expansion of said plant. The Town, however, does not own the plant nor does it have voting rights on the Commission's governing board. The plant is owned and operated by the Tri-Municipal Sewer Commission, made up of representatives of the Town of Poughkeepsie and the Village ofWappingers Falls. Construction is on-going; however, as a result of additional difficulties between the Tri-Municipal Sewer Commission and the Department of Environmental Conservation. Funding for the project has been provided by two authorizations for a total project cost of $19,630,054. Through December 31, 2004, $17,189,840 in bonds have been issued through the Environmental Facility Corporation and $2,060,414 in Bond Anticipation Notes have been issued, which has been paid through tax levy. Total project costs incurred through December 31,2004, amounted to $18,139,969. Under the terms of the agreements with the Environmental Facility Corporation, serial bond proceeds are required to be deposited into a Construction Fund Account, be invested in US Treasury securities until drawn upon, and be subject to regulatory approvals before being drawn upon. The unspent balance in the Construction Fund Account amounted to $119,040 as of December 31, 2004, and is classified as a Restricted Asset to be used for debt service. '" 4. Tri-Municipal Sewer Plant Expansion - Phase IlIA In May 1996, the Town entered into a contract with the Tri-Municipal Sewer Commission with regard to the further expansion of the Commission's sewage treatment facility, from 2.4 million gallon per day capacity to 3.4 million gallon per day capacity. The commission will hire consultants to prepare a map, plan and report which will include environmental studies, permit applications and estimates of project costs. The funding for the map, plan and report and other related costs has been provided through bond resolution totaling $575,000, of which $145,000.00 has been paid through tax levy. On April 1999, the Town Board through bond resolution, authorized $9,970,000 to cover construction and related costs of the project, bringing the total authorized bonding for the project to $10,400,000. The Town Board, on April 23, 2001, adopted a bond resolution to increase the estimated cost of the improvements for Phase IlIA in the amount of $500,000 raising the authorized bonding for the project to $10,900,000. -15- .. . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 On March 14, 2002, Long-term Financing for the project was issued through the New York State Environmental Facilities Corporation in the amount of$9,836,556. In addition, the Town of Wappinger renewed a bond anticipation note in the amount of $955,444 to cover costs not eligible for bonding on the project through New York State Environmental Facilities Corporation. In 2003, $905,000 was issued in serial bonds and $50,444 levied by taxes to satisfy the Bond Anticipation Note. Through December 31,2004, total project costs incurred amounted to $10,436,987. 5. Central Wappinger Water Improvement Area 99-2R .. In February 2001, the Town Board adopted a Bond Resolution authorizing the issuance of$8,590,000 in serial bonds to pay the costs of the water improvement. On March 2,2001, the Town Board issued $2,000,000 in bond anticipation notes to pay part of the costs of aforesaid project. In 2002, a principal paydown of$100,000 was made on the original bond anticipation note $2,000,000 with an additional borrowing of $3, 150,000, bringing the outstanding note balance to $5,150,000. A principal paydown in the amount of $200,000 was made during 2003 bringing the outstanding balance as of December 31,2003 to $4,950,000. In 2004, a principal paydown of $230,000 was made on the outstanding note of $4,950,000 with an additional borrowing of $2,800,000 bringing the outstanding balance as of December 31, 2004 to $7,520,000. The Town is planning to apply for long-term financing for the project through the New York State Environmental Facilities Corporation. The costs incurred on the project amounted to $6,072,302, as of December 31,2004. 6. Town Recreation Center On September 10, 2001 the Town Board adopted a bond resolution authorizing the issuance of $2,496,000 to pay for the construction of the Town Recreation Center. The Town Board as of December 31,2004, is in the process of rescinding the bond resolution. .. 7. Oakwood Knolls Improvement On June 10, 2002, the Town Board adopted a Bond Resolution authorizing the issuance of $205,000 to pay for the improvements to the district. As of December 31,2004, the cost incurred on the project amounted to $153,361. 8. Robinson Lane Recreation Area Sports Lighting On November 12, 2002, the Town Board authorized the issuance of $785,000.00 serial bonds for the purchase and installation of sports lighting at the Robinson Lane Recreation Area. On March 5,2003, the Town of Wappinger issued $2,254,000 Public Improvement (Serial) Bonds, that included $785,000.00 for this project. -16- .. .. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31.2004 Expenditures have been made on this project as of December 31,2004, in the amount of$759,862. 9. Greystone-Carnwath Mansion Project In the year 2000, the Town of Wappinger purchased the Greystone Estate Property. The Town has hired J. Kenneth Fraser and Associates to plan uses for the property and to seek grants to fund the project. As of December 31,2003, various grants have been applied for in the amount of$845,000. However, no funding has been received as of December 31,2004. . 10. Technology Master Plan On May 12, 2003 the Town Board authorized the issuance of $550,000 serial bonds to pay the cost of acquisition and installation of computer hardware and software, and furnishings to implement the technology master plan of the Town. The Town has issued a Bond Anticipation Notes in the amount of $175,000.00 to start the implementation of this plan. In 2004 an additional bond anticipation note was issued in the amount of$75,000 with a principal amount made on the original issued in 2003 in the amount of $37,500. As of December 31,2004, the Town has incurred costs on the project in the amount of$210,962. 11. Recycle Center On May 12,2003, the Town Board authorized the issuance of$175,000 serial bonds for the construction and equipping of the Recycle Center Project. The Town has issued a Bond Anticipation Notes in the amount of$175,000 for the project in 2003. A principal paydown was made in 2004 in the amount of$17,500.00, leaving an outstanding balance of $157,500 as of December 31,2004. The Town has expended $167,179 on the project as of December 31, 2004 with the project being completed. . The Town has received a grant from the New York State Department of Environmental Control in the amount of$81,900. 12. Paving, Repaving, and Resurfacing of Town Roads The Town Board on May 27,2003 authorized the issuance of$3,300,000 serial bonds to pay part of the cost of paving, repaving, or resurfacing various Town roads, including curbing, sidewalks, and drainage where determined to be appropriate. The Town issued Bond Anticipation Notes amounting to $315,000 on August 12,2003 for the purpose of paving, repaving, or resurfacing roads in the Town. In 2004 a principal paydown was made in the amount of$16,400. In addition the Town issued an additional Bond Anticipation Note in the amount of$312,500. -17- ., . TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31. 2004 As of December 31,2004, $493,863 has been expended. 13. Carnwath Estate/Carnwath Mansion The Town Board authorized on June 23, 2003 the issuance of $200,000 Serial Bonds to pay the cost of removal and replacement of the underground fuel tanks at the Carnwath Estate. ., Bond Anticipation Notes were issued on August 12, 2003 to pay for the project. A principal paydown was in the amount of $20,000 in 2004. As of December 31,2004, $150,937 has been expended on the project. 14. Wappinger Park Water District The Town Board authorized on November 10,2003, the issuance of $780,000 serial bonds to pay the cost of improvements and extension of the Wappinger Park Water District. The Town applied for a Community Development Grant to cover part of the cost ofthe project. The Town was awarded a Grant in the amount of$102,150. The Grant funds were received by the Town in October 2004. The funds will be used to reduce the Bond Anticipation Notes issued on April 8, 2004 in the amount of $780,000. As of December 31, 2004, $493,653 has been expended on the project. NOTE J - Municioal Landfills 1. Castle Point Landfill ., The Town has voluntarily entered into a Consent Order with the New York State Department of Environmental Conservation to close, cap and monitor the landfill at Castle Point. The Town estimates the cost of closing and capping the landfill to be $550,000, which has been recorded in the Long Term Debt Account Group (see Note E). The costs of monitoring, which could be required for up to thirty years after closure, have not been estimated since an agreement with the Department of Conservation has not yet been reached as to the nature and extent or required monitoring. The costs of both closure and postclosure monitoring are ordinarily recognized over the expected useful life of the landfill. However, since the landfill has stopped accepting refuse, all costs are being recognized as the terms of closure and postclosure requirements are determined. The actual costs may be higher due to inflation, changes in technology or subsequent changes in regulations. The Town solicited and awarded contracts in 1998 for the closure of the landfill. A total of$563,931 has been expended on the project as of December 31,2004. -18- ., ,. TOWN OF WAPPINGER, NEW YORK NOTES TO THE FINANCIAL STATEMENTS (CONT'D.) DECEMBER 31, 2004 2. pou2hkeensie-Wannin2ers-LaGran2e Joint Landfill The Town has shared in the monitoring costs of a closed landfill, the Poughkeepsie- Wappinger-LaGrange Joint Landfill. This joint activity included the City and Town of Poughkeepsie, the Village ofWappingers Falls and the Town of LaGrange, as well as the Town of Wappinger. All costs associated with monitoring are recognized as incurred. No assessment of the extent and cost offuture monitoring costs has been made. Any such costs will be shared equally among the five municipalities. The Town's share of monitoring costs for the year ended December 31,2004 amounted to $2,055. Financial statements are available from the Joint Landfill's Board. .. On January 26, 2004, the Town Board authorized the issuance of$850,368. Serial Bonds to pay the Town's share of the cost of the closure and remedial measures to be undertaken at the so called Poughkeepsie- Wappinger Joint Landfill, in accordance with an Order on Consent dated November 3,2003 in and for said Town, received from the NYS Department of Environmental Control, to include incidental drainage and other incidental improvements and expenses. On April 8, 2004 the Town issued Bond Anticipation Notes in the amount of $420,000 to cover current costs involved As of December 31,2004, $371,861.64 has been expended 0 the project. NOTE K - WAPPINGER AMBULANCE DISTRICT DEFICIT The Town had contracted with Alamo Ambulance Service, Inc. on July 10, 2003 to provide ambulance service for the District. The Town Board on September 13,2004 terminated its contract with Alamo Ambulance Service, Inc. due to response time issues. Transcare Hudson Valley, Inc. was hired on an interim basis to provide ambulance service to the District. The monthly contract cost of the Alamo Ambulance. Service, Inc. was $14,583.33 per month and the interim monthly cost with Transcare Hudson Valley, Inc. is $32,916.66. .. The increase cost resulted in the District ending the year with a deficit of$58,458. The Town Board in the 2005 Budget for the Ambulance District raised taxes to cover the 2004 deficit. -19- ..