1998
..
AU. Nlo'lbers In This Report
Must be Rounded to the Nearest
Dollar
x
Method Q! Accountinq (Check One)
Single Entry Cash
Double Entry Modified Accrual
ANN U A L R E P 0 R T
OF THE
RECEIVED
JAN 1 9 1999
SL f:n '1 i\)Vti'S OFFICE
fOWN OF WAPPINGER
FIR E D 1ST R I C T T REA SUR E R
YEAR ENDED DECEMBER 31, 19 ~
NAME OF DISTRICT
Chelsea
IN THE
Please check here if the
treasurer's name, address
and/or telephone number is
different from last year.
TOUN OR TOUNS OF
Fishkill & Wappinger
COUNTY OF
Dutchess
THE DISTRICT IS GOVERNED BY:
(Check One)
Separate Board of
Fi re COll1l1i ss i oners X
or Town Board
AUT HOR I ZA TI ON
Article 3, Section 30, of the General Municipal Law
"1. ***every***fire***district***shall annually make a report of its financial condition to the Comptroller. Such report shall be made by the
***treasurer of each fire***district***."
***
"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***district***."
PLEASE MAIL REPORT TO:
State of New York
Office of the State Comptroller
Division of Municipal Affairs
Bureau of Municipal Research and Statistics
Governor Alfred E. Smith State Office Building
Albany, New York 12236
Revised 1998
GENERAL FUND - BALANCE SHEET - AS OF
EDPCODE
ASSETS
Cash
Cash
Timo Ileposits
Petty Cash
Total Cash
Invest~ts
Investment in Securities
Investment in Repurchase Agreements
Total Investment
ACCOU'lts Receivables
Due from Other Flnds
state arM1 Federal Receivables
State and Federal. Other
Total State and Federal Receivables
Due from other Gove~ts
Inventory
Restricted Assets
Cesh, Special Reserves
Cash in Time Deposits. Special Reserves
Investment in Securities.
~ial Reserves
Investment in Repurchase Agreements.
~ial Reserves
Total Restricted Assets
TOTAL ASSETS
A200
A20I
AZI0
A45D
A45I
A380
A39I
A4I0
A440
A445
A230
A231
A452
A453
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
lIABILITIES AND FUND EQUITY
Accounts Payable
(FOR DOUBLE ENTRY UNITS ONLY) .
EDPCODE
AbOO $
Accrued liabilities
Accrued liabilities
Due to Employees' Retirement
Total Accured liabilities
System
Notes Payable
Tax Anticipation
Revenue Anticipation
Budget
Total Notes Payable
Due to Other FU'lds
Overpayments
Due to Other Governments
Deferred Revenues
Total Liabilities
FUND EQUITY
Flnd Balance - Reserved
Encunbrances
Inventory
Repairs
Debt
Total Reserved
Flnd Balance - lklreserved
Appropriated-Ensuing Year's Budget
Unappropriated
Total lklreserved
FU'ld Equi ty
TOTAL lIABILITIES AND FUND EQUITY
1
A601 $
A637
Ab20
A62I
A6Z2
A630
A690
A631
A69I
A8ZI
A845
A882
A884
A9I0
A911
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
G ENE R A L FUN D
RECEIPTS/REVENUES EDPCODE PAYMENTS/EXPENDITURES EDPCODE
Real Property Taxes AIOOI $ 221,394 Judgments and Claims A1930.4 $ 4,852
Charges for Fire Protection A2262 Personal Services A3410.1 16,200
Interest and Earnings A2401 2,507 Fire Protection Equip/CapOutlay A3410.2 24,655
Rentals A2410 6,108 Fire Protection Contractual A3410.4 45,307
Sale of Equipment A2665 State Retirement System A9010.8
Insurance Recoveries A2680 Police and Fire Retire System A9015.8
Refund of Expenditures A270l 220 Local Pension Funds A9025.8 63,781
Gifts and Donations A2705 Social Security A9030.8 1,239
Other Unclassified Revenue Workers Compensation Insurance A9040.8 16,972
A2770 Life Insurance A9045.8
Federal Aid for Civil Defense A4305 Disability Insurance A9055. 8 833
Transfers A5031 Hospital/Medical Insurance A9060.8
(2)Budget Notes Issued A5750 (3) Redemption of Notes A97 .6
(2)Tax Anticipation Notes Issued A5760 Interest on Notes A97 .7
(2)Revenue Anticipation Notes Redemption of Bonds A9710.6
Issued A5 77 0 Interest on Bonds . A9710.7
Transfer to Other Funds A9901. 9 48,850
Other (Specify) A
TOTAL RECEIPTS/REVENUES $ 230,229 TOTAL PAYMENTS/EXPENDITURES $222, 689
Fund/Cash (1) Balance at Fund/Cash (1) Balance at 56,390
Beginning of Year A8021 48,850 End of Year *A8029
**TOTAL $ 279,079 **TOTAL $279,079
Notes:
(1) Cash balance for single entry units should include cash in checking accounts, time deposits, investments and petty
cash.
(2) Single Entry Units Only.
(3) Only Bond Anticipation Notes and Capital Notes for double entry units.
*For Double Entry Units A8029 must equal Fund Equity on Page 1.
**These must be equal.
2
CAPITAL PROJECTS FUND - BALANCE SHEET - AS OF
ASSETS
Cash
Cash
Time Deposits
Total Cash
Investments
Investment in Securities
Investment in Repurchase Agreements
Total Investments
Due from Other Fl.r1ds
Deposits with other Governments
state and Federal, Receivables
Restricted Assets
Cash, Special Reserves
Cash in Time Depo~its, Special Reserve
Inv.stment in Securities.
Special Reserves
,
Investment in Repurchase Agreements,
Special Reserves
Total Restricted Assets
TOTAL ASSETS
EDPCODE
H200
H201
H450 $
H451
$
H391 $
H395 $
H410 $
H230 $
H231
H452
H453
$
$
$
$
LIABILITIES AND FUND E~ITY
Accounts Payable
Accrued Liabilities
Accrued Liabilities
Total Accrued Liabilities
Notes Payable
Revenue Anticipation
Bond Anticipation
Total Notes Payable
Retained Percentages, Contracts
Payable
Due to Other Fl.r1ds
Due to Other Governments
Other Liabilities
Deferred Revenues
Total Liabilities
FUND EQUITY
Fl.r1d Balance - Reserved
EncurOrances
Capital Reserve
Total Reserved
Fl.r1d Balance - Unreserved
lhappropriated
Total Unreserved
Fl.r1d Equi ty
TOTAL LIABILITIES AND FUND E~ITY
3
(FOR DOlmLE ENTRY UNITS ONLY)
EDPCODE
H600
"601
"
H621
H626
H605
"630
"631
"
"691
H821
H878
H911
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(1) Single Entry Units Only
*For Double Entry Units H8029 must equal Fund Equity on Page 3.
**These must be equal.
4
RES E R V E FUN D( S) (FOR SINGLE ENTRY UNITS ONLY,
DOUBLE ENTRY UNITS MUST INCLUDE
EACH RESERVE IN APPROPRIATE FUND)
Do Not Key
Equipment Building
Type (Purpose) Type (Purpose) Type (Purpose)
RECEIPTS EDPCODE Total of Reserve of Reserve of Reserve
Interest and Earnings R2401 $ 9,732 $ 9,529 $ 203 $
Sale of Assets R2660 38,889 38,889
other (Specify) R2770
Transfers RS031 48,850 48,850
TOTAL RECEIPTS $ 97,471 $ 97,268 $ 203 $
Balance Beginning of Year R8021 121,689 112,588 9 ,101
**TOTAL RECEIPTS AND BALANCE $219,160 $ 209,856 $ 9,304 $
PAYMENTS
Fire Protection R3410.2 $ $ $ $
Transfers to Other Funds R9901.9
Other (Specify)
Apparatus Purchase R 179,896 179,896
TOTAL PAYMENTS J 79,896 $ 179,896 $ 0 $
Balance at End of Year R8029 39,264 29,960 9,304
**TOTAL PAYMENTS AND BALANCE $219,160 $209,856 $ 9,304 $
**These _t b9 equaL
5
AGENCY F.~DS * BALANCE SHEET * AS OF December 31 , 1998
ASSETS EDPCODE AGENCY FUND LIABILITIES EDPCODE
Cash *Service Awards TAl3 $ 6.771
Cash TA200 $ Deferred Compensation TA17
Time Deposits TA20l $ State Re ti NlIIIeI"It TA18
Total Cash $ Disability Insurance TA19
Group Insurance TA20
Investments New York State Income Tax TA21
Investment in Securi ties TA450 $ Federal Income Tax TA22
Investment in Repurchase Agreements TA45l Income Executions TA23
Securi ties and Mortgages TA455 Association and Union Dues TA24
Accrued Intarest on Securities TA455 u.s. Savings Bonds TA25
Acqui r-ed Social Security Tax TA26
Cash and Securities with Daferred Guaranty and Bid Deposits TA30
Compo Plan Provider TA460 Foreign Fire Insurance TASO
6,771 other Agency Funds (Specify)
*Service Award Program Assets TA46l TA85
TOTAL ASSETS
6,771
TOTAL AGENCY LIABILITIES
$ 6,771
$
*Program edninistrator retained by district. Jof1en program is adninistrated by the district the TE fU'ld should be used.
ACCOlnting Program Procedures dated Septenber 6, 1990.
6
See Service Awards
GENERAL FIXED ASSETS ACCOUNTS * BALANCE SHEET * AS OF
ASSETS EDPCODE EDPCODE
INVESTMENT IN GENERAL FIXED ASSETS
land OKlO I $ Bonds end Notes Kl51 $
Buildings KI02 Current Appropriations Kl52
Improvements Other than Gifts Kl53
Buildings KI03
state Aid KISt>
Machinery and Equipment KI04
Federal Aid KIS7
Construction Hark in Progress KIDS
K K
K K
TOTAL ASSETS $ TOTAL INVESTMENT IN GENERAL FIXED ASSETS $
7
GENERAL LONG-TERH OBLIGATIONS * BALANCE SHEET * AS OF
ASSETS
Amol.nt Available in Debt Service FU'ld
EDPCODE
H120
Amolnts to be provided for Long-Term
Obligations H12S
TOTAL AHOUNT AVAILABLE AND TO BE PROVIDED
$
$
LIABILITIES EDPCOOE
Term Bonds Payable H623 $
Bond Anticipation Notes H626
Capital Notes Payable H627
Bonds Payable H628
Due to Employees' Retirement System H637
Installment Purchase Debt H685
Judgements and Claims Payable H686
Compensated Absenses H687
Other Long-Term Debt H689 $
TOTAL LIABILITIES
8
$
Do Not Key
RECONCILIATION
This nust be COlI1l1eted.
Balances by FUld at End of Y_r: IInclude cash in checking aCCOUlts, time deposits. investments and petty cash J
General FUld . . . . . .. . " . . . . . . . . .. . . . . . . . . . .. . . . . . . . . . .. . . . . . " .. . . . . . . . . . . . . . . . . . . . . . . . . . . .A. . . . . $
Capi tal FUld . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H. . . . . $
Reserve FUld . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R. . . . . $
Trust .nd Agency F~s ............................................................... ..... T..... $
other FUlds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
56,390
39,264
o
o
Total - All F~s
"....""""""""""""""""""""""""""""""""""""""""""""""""""""..,,""" "
$ 95,654
*
Bank Balances at End of Year:
Name and Location of Bank
Bank Balance
Outstanding Checks
Net Bank Balance
Bank New York, Beacon,~~
$ 29,960
$
o
$ 29,960
Premier Nat'l, Fishkill, NY
65,694
o
65,694.
$
o
$ 95,654
TOTALS
$ 95,654
Cash on Hand (Da te Depos i ted ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
o
Petty Cash
" " " " " " ~ " " " " " " " " " " " " " " " " " " " " . " " " " " " " " " " " . " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " " "
$
o
F~
INVESTMENTS HELD AT DECEteER 31, 19 98
Description of Investment
Purchase Price
$
TOTAL INVESTMENTS.................................................................................... $
o
Total Bank Balances. Cash on Hand. Petty Cesh and Invest..lts
$ 95, 654
*
*These totals must agree
9
DETAILED STATEMENT OF INDEBTEDNESS
Year Outstanding Issued Redeemed Outstanding
Bonds of Intex:est Beginning During During End
(Show each issue separately by) Issue Rate of Year Year Year of Year
1 3 5 7
EDP
Code
TOTAL BONDS 2P1877 Ixxxx XXX I : I : I : I :
TOTAL BONDS OUTSTANDING AS OF DECEMBER 31 $
Tax Anticipation Notes 2P1861 XXXX XXX S ' s $ s
Revenue Anticipation Notes 2P1862 XXXX XXX
Bud2et Notes 2P1863 XXXX XXX
Canital Notes 2P1875 XXXX XXX
Bond Anticioation Notes 2P1876 XXXX XXX
TOTAL NOTES XXXX XXX S S S S
Notes
TOTAL NOTES OUTSTANDING AS OF DECEMBER 31 $
I XXXX
XXX
I $
I $
TOTAL BONDS AND NOTES
$
$
10
Assessed Valuation Tax Rate Amount of Tax
EDP of Fire District per $1,000 (Assessed Valuation
TOWN Code Within Town of Assessed Valuation Multiplied by Tax Rate)
Fishkill 1,30
1.7
DISTRICT TOTAL *
*Should agree with Receipt of Real Property Taxes as shown at top of page 1
COMPUTATION OF FULL VALUATION OF TAXABLE REAL PROPERTY
TOWN
Assessed Valuation
of Fire District
Within Town
Equalization
Rate
Full Valuation
(Assessed Valuation
Divided by
Equalization Rate)
Total Assessed
Valuation
$150,217,005
Total Full Valuation
EDP
Code
9ZFE
$
175,125,852
EXAMPLE OF CALCULATION OF FULL VALUATION:
Town A
Town B
Town C
Assessed Valuation
$10,000
5,000
20,000
$35,000
25%
40%
100%
=
$40,000
12,500
20,000
=
=
Full Valuation
$72,500
11
CERTIFICATE OF FIRE DISTRICT TREASURER
I,
certify that I am the Treasurer of the
Che lsea
John G. Todd
(Please Print or Type Name)
Fire District and that the following report is a true and correct statement of the financial transactions
of such Fire District for the year ended December 31, 1998
Signature
!J-
Address
128, Chelsea, NY 12512
Dated January 12
, 19 22-.
Telephone (914)
Area
Code
831-6244
CHAIRMAN OF THE BOARD
Name Julio Carreras
Address P.O. Box 143, Chelsea, NY 12512
Telephone (914) 831-3202
Area
Code
STATE OF NEW YORK
OFFICE OF THE STATE COMPTROLLER
12