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1997 All. Numbers In This Report !Yl1 be Rounded to the Nearest Dollar -L t!l1hs!st 2f. Accountinq (Check One) Single Entry Cash Double Entry Modified Accrual ANNUAL REPORT / ,) ", ~\~~.. .~V ~ ~ ~... ,'" ,~ ~ #,0 ~~ ~y.~ C\; ~~O' OF THE FIR E D 1ST R I C T T REA SUR E R YEAR ENDED DECEMBER 31, 19 97 NAME OF DISTRICT Chelsea Fire District IN THE Please check here if the treasurer's name, address and/or telephone number is different from last year. TOWN OR TOUNS OF Fishkill & Wappinger Dutchess COUNTY OF THE DISTRICT IS GOVERNED BY: (Check One) Separate Board of Fire Commissioners x or Town Board AUTHORIZATION Article 3, Section 30, of the General Municipal Law "1. ***every***fire***district***shall annually malee a report of its financial condition to the Comptroller. Such report shall be made by the ***treasurer of each fire***district***.1I *** 115. 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***.1I 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 1996 GENERAL F\NJ - BALANCE SHEET - AS OF EDPCODE ASSETS Cash Cash Ti_ Deposits Petty Cash Total Cash , Invesu.nt.. - .. Inves~* in Securities Inv~t--.t 'in Repurd'lllse Ag~ts Total Invest-1t Accounts'R~ivables Due from Other FU1ds A200 A201 A2l0 ActSO ActSI A380 A391 State and Federal Receivables State and Federal, Other ActiO Total State and Federal Receivables Due fNJlll Other' Gove~ts AltltO , Inventory Restricted Assets Cash, SpeCial Reserves Cash i!, Ti_ Deposits. Special Reserves Invest.ent in Securities, Special Reserves Inves tnlent in Repurd'lllse Agreelll8nts, Special Reserves Total Restricted Assets TOTAL ASSETS A44S A230 A231 ActS2 ActS3 (FOR DOUBLE ENTRY UNITS ONLY) EDPCODE A600 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ lIABILITIES AND FUND EQUITY Accounts Payable Accrued liabilities Accrued liabilities Due to Elllployees' Reti~t Syst8111 Tota~ Accured liabilities Not~ ~ay..ble Tax Anticipation RevenJe Anticipation Budget. Total Notes Payable Due to Other FU1ds OverpaYllB'lts Due to Other Gov.~ts Deferred RevenJes ,Total Liabilities F\NJ EQUI,TY ' FU1d Balance - Reserved E~rances Inventory Repairs I Debt Total Reserved FU1d Balance - lkIreserved Appropriated-Ensuing Year's Budget lkIappropri.ted Total lkIreserved FU1d Equi ty TOTAL LIABILITIES AND FUND EQUITY 1 A601 A637 A821 A845 A882 A884 A910 A911 $ $ $ $ $ $ $ $ $ RECEIPTS/REVENUES Real Property Taxes Charges for Fire Protection Interest and Earnings Rentals Sale of Equipment Insurance Recoveries Refund of Expenditures Gifts and Donations Other Unclassified Revenue Insurance Rebate Federal Aid for Civil Defense Transfers (2)Budget Notes Issued (2)Tax Anticipation Notes Issued (2)Revenue Anticipation Notes Issued PASNY Lieu of Taxes TOTAL RECEIPTS/REVENUES Fund/Cash (1) Balance at Beginning of Year **TOTAL Notes: EDPCODE AIOOl A2262 A240l A2410 A2665 A2680 A2701 A2705 A2770 A4305 A5031 A5750 A5760 A5 77 0 .A1081 GENERAL FUND $ 216,736 --_.' 2 :2'8-6 6.616 5,140 153 92 $ 231,643._ A802l 38,508 $ 269,551 PAYMENTS/EXPENDITURES EDPCODE Judgments and Claims Al930.4 Personal Services A3410.1 Fire Protection Equip/CapOutlay A3410.2 Fire Protection Contractual A34l0.4 State Retirement System A9010.8 Police and Fire Retire System A9015.8 Local Pension Funds A9025.8 Social Security A9030.8 Workers Compensation Insurance A9040.8 Life Insurance A9045.8 Disability Insurance A9055.8 Hospital/Medical Insurance A9060.8 (3) Redemption of Notes A97.6 Interest on Notes A97 .7 Redemption of Bonds A97l0.6 Interest on Bonds A9710.7 Transfer to Other Funds A990l.9 Other (Specify) A TOTAL PAYMENTS/EXPENDITURES $ 4,852 15,000 25,243 50,8 1 65,944 1,1 8 18,292 833 38,508 $220,701 Fund/Cash (1) Balance at End of Year *A8029 48,850 $ ~69 ,551 **TOTAL (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. **These must be equal. *For Double Entry Units A8029 must equal Fund Equity on Page 1. 2 CAPITAL PROJECTS FUND - BAlANCE SHEET - AS OF ASSETS Cash Cash Ti_ Deposits Totel Cash Invest-lts Invest.ent in Securities Investment in Repurchase Agreements Total Investments Due from Other Fl..nds Deposits with other Governments state and Federal, Receivables Restricted Assets Cash, Special Reserves Cash in Ti_ Depo~Hs, Special Reserve Inve.tMent in Securities, Special Reserves Inv_t.ent in Repurchase Ag,--,ts, Special Reserves Tot.l Restricted Assets TOTAL ASSETS EDPCODE H200 $ H201 H450 $ H451 $ H391 $ H395 $ H410 $ H230 $ H231 H452 H453 $ $ $ LIABILITIES AND FUND EQUITY ACCOU'lts 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..nds Due to Other Governments Other Liabilities Deferred Revenues Total liabilities flH) EQUITY FI..nd Balance - Reserved EIlCUIDMIIlC8s Capi tal Reserve Total Reserved FI..nd Balance - lklreserved lk-eppropr iated Tot.l lklreserved FI..nd Equity TOTAL LIABILITIES AND FUND EQUITY 3 (FOR DOUBLE ENTRY UNITS ONLY) EDPCODE H600 H601 H H6Zl H626 H605 H630 H631 H H691 H8Zl H878 H911 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ CAP I TAL FUN D RECEIPTS/REVENUES EDPCODE PAYMENTS/EXPENDITURES EDPCODE Interest and Earnings H2401 $ Fire Protection H3410.2 $ Premo and Accrued Int. on Bonds H2710 Redemption of BAN's H9730.6 Other (Specify) Transfer to Other Fund H9901.9 H2 77 0 Other (Specify) Transfer From General Fund H5031 H_ Bonds H5710 (l)Bond Anticipation Notes H5730 Capital Notes H5740 TOTAL RECEIPTS/REVENUES $ TOTAL PAYMENTS/EXPENDITURES $ Fund/Cash Balance at Beginning Fund/Cash Balance at End of Year H8021 of Year *H8029 $ **TOTAL $ **TOTAL $ (1) Single Entry Units Only *For Double Entry Units H8029 must equal Fund Equity on Page 3. **These must be equal. 4 RECEIPTS Int.....t end Eemings S.l. of A...ts Othe,. '!peei fy ) T,..nsfers TOTAL RECEIPTS &.1-.. Beginning of y.,. . . HTOTAL RECEIPTS AND BAtANcE PAvtEHrS Fire Proteotion Trensf.rs to Othe,. ,...... Othe,. '!peel fy) Building Addition toTAL PAvtEHrS Bet... .t End of y.,. IMfTOTAL PAvtEHrS AND BAUHCE 1Hflhes. _t be ~l. EDPCODE R2~Ol R2660 R2770 R5031 ReOZl R34l0.2 R990l. 9 R R80Z9 RES E RYE , UNO'S) Total . 9,251 18.s08 . 47,758 139,383 . 187,142 . . 65,455 121,687 . 187,142 Equipment Type (Purpose) of Reserve . 5,514 38,508 . 44,022 68,564 .112,586 . . o 112,586 .112,586 5 (FOR SINGLE ENTRY lIaTS ONLY. DOlBLE ENTRY lIaTS PlJST INCLUDE EACH RESERVE IN APPROPRIATE F\N)) Do Not K.y Building Type (Purpose) of R_.rve . 3,737 o . 3,737 70,819 ~ ' 74,556 . . 65,455 65,455 9,101 . 74,556 Type (Purpose) of Reserve . . $ $ . . AGENcY IilN)S * BALANCE SHEET * AS OF December 31.. 1997 ASSETS C.sh C.sh Ti_ Depos i ts Total Cash II"MISt-lts Invest.ent in Securiti.s Invest..lt in Repurchase Ag~ts Securities and Mortgages Accrued Int....st on Securiti.s Acxp.lired C.sh and Securities with Deferred COlIIp. Plan Provider *Service AMerd Prog,... A...ts TOTAL ASSETS EDPCODE TA200- '. TA20l . . TAitSO . TAitSl TAitSS TAitSS n:_ TAit60 ' TAit6l' '-. 9.187 . 9.187 -.;--.--..- AGENCY flH) UABIUDES *Service ~rds -Deferred ~tion stat. Retire.ent DiAbility Inaurlll1Ce Qr't:q) lnaur.nce . ,'- lN8w York st.t.~i~ Tax Federal Incc.e T.x Incc.e Executions ! Association and '""'ton Dues U.s. Savings Bands -~, ~ . bial Sacuri ty '-T.x Gl8renty and aid o.posit. - :- . io'i-ailJ' Fire In.ur.nce' Other Agency F___ .Specify) ... F" I - , TOTAL AGENCY LIABIlIDES EDPCODE TAU TAl7 TAle TAl9 TA20 TAU TAU TAU TA2it TA2S TA26 TAlO TASO TA85 - '.~ ~9 ,-U37 . 9.187 tfProg.... aa.iniatrator ret.ined by district. ...... prog,... b adlinictratad -bY the district the n fU'1d 8hculd be used. See Sarvice ..rds Acccu'lting prog,... Procecb-ea dated s.pt.....r 6. 1990. .. > ,1,1.. 6 GENERAL FIXED ASSETS ACCOUfTS * BAlANCE SHEET * AS OF ASSETS EDPCODE EDPCODe INVESTMENT IN GENERAL FIXED ASSETS lend KlOl $ Bonds end Notes KlSl $ Buildings KlO2 CUrrent Appropri.tions KlS2 I~rov~ts Other th8n Gi Us KlS3 Buildings KlO3 st.t. Aid KlS6 ttachinery 8nd Equi~t Kl04 Fed8rel Aid KlS7 Construction Hork in Progress KIOS K K K K TOTAL ASSETS $ TOTAL INYEST11ENT IN GENERAL FIXED ASSETS $ 7 GENERAL LONG-TERH OBLIGATIONS * BALANCE SHEET * AS OF ASSETS AIIou1t AV8ileble in o.bt Service FU1d EDPCODE M120 AInolrIts to be provided for Long-TeMll Obligations MUS TOTAL AtIOlJfT AVAILABLE AND TO BE PROVIDED $ $ LIABILITIES EDPCODE TeMl Bonds Payable H6Z3 $ Bond Anticipation Notes H6Z6 Capi t.l Notes Payable H6Z7 Bonds Payable H6Z8 Due to EMployees' Retirement System H637 InstallMent Purchase Debt H685 ,Judgr mts and Claims Payable H686 Compensated Absenses H687 Dther Long-Term Debt H689 $ TOTAL LIABILITIES 8 $ Do Not Key RECONCILIATION This _t be cc.pleted. B8lences by Fl6ld at End of y_,.:Unclude cash in dl8Cking 8CCOUlts, ti... deposits, invest...nts and petty cash) ...,..1 Fl6ld Cllpi tal Fl6ld R_erve Fl6ld Trust end Agency Fl6lds . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . othe,. Fl6lds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tot.l - All Funds Bank Bal8nces .t End of y_,.: Name and Location of Bank Bank Balance outstanding Checks Bank of New York, Beacon, NY $ 11.2,586 $ o 1st Hud. Valley, Fishkill, NY 57,951 o o $ 170,537 $ TOTALS Cash on Hend (Date Deposited) Petty Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fl6ld INYESTttENTS HELD AT DECEtBER 31, 1.f)7 Description of Invest.ent .... .A..... .....H..... .... .R..... .....T..... $ 48.850 $ 0 $121.687 o o $ $ $170.537 - Net Bank Balance $112f-586 57.951 $170,537 $ $ Purchase Price $ o TOTAL INYESTHENTS.................................................................................... $ Total ~ Babnces, Cash on Hand, Petty Cash and Inves~ts -These totals _ t agree 9 $170.537 - DETAILED STATEMENT OF INDEBTEDNESS Bonds (Show each issue separat~ly by) Year of Issue Interest Rate Outstanding Beginning of Year 1 Issued During Year 3 Redeemed During Year 5 Outstanding End of Year 7 EDP Code TOTAL BONDS I xxxx I 2P1877 xxx I ; I : I : I: TOTAL BONDS OUTSTANDING AS OF DECEMBER 31 $ Tax Anticioation Notes_ 2P186l XXXX XXX S . . S S S Revenue Anticioation Notes 2P1862 xxxx XXX '. Bud~et Notes 2P1863 XXXX XXX Canital Notes 2P1875 XXXX XXX Bond Anticination 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 $ I $ 10 TOWN EDP Code Assessed Valuation of Fire District Within Town Tax Rate per $1,000 of Assessed Valuation of Real Property Taxes as shown at top of page 1 COMPUTATION OF FULL VALUATION OF TAXABLE REAL PROPERTY TOWN Total Assessed Valuation Total Full Valuation EDP Code 9ZFE Assessed Valuation of Fire District Within Town Equalization Rate Amount of Tax (Assessed Valuation Multiplied by Tax Rate) * 99. 70. 2 Full Valuation (Assessed Valuation Divided by Equalization Rate) $ 173.993.392 $ 149. 731 .912 EXAMPLE OF CALCULATION OF FULL VALUATION: Town A Town B Town C Assessed Valuation Full Valuation $10,000 5,000 20,000 $35,000 25% 40% 100% 11 = = = $40,000 12,500 20,000 $72.500. Clai_ Pending.- Begi..rning of Year Involving COcIef8l'ldant/Third Party Defendant Other ClailllS' -, ", Notices Filed DUring the Year Involving Codefendant/Third Party Defendant Other ClailtS Less: ClailllS disposed of ciJring the year Prior to CCII_.cBlLBnt of court action: - 8y Loceli ty - 8y Insurance Carrier ClailllS disposed of ciJring the year after C;OIo_ ~_ It of court action: - 8y Loceli ty - 8y Insurance Carrier - 8y .Judgn.nt - Other I Equals: ; CI.i_ Pending - End of Year Involving Codefendant/Third Party Defendant Other ClailllS NOTICES OF TORT CLAIttS FOR THE FISCAL YEAR ENDING 19 TOTAL tUBER OF CLAIttS TOTAL AttOlMT OF CLAIttS EDP CODE tueER EDP CODE AI10tMT 9ZTRI0 'ZTRll 9ZTRlS 9ZTR16 9ZTR20 9ZTR21 9ZTR2S 9ZTRZ6 e: 9ZTR30 rJ. 9ZTR40 ZTR41 9ZTRSO 9ZTRSl 9ZTR60 9ZTR61 9ZTR70 9ZTR7l 9ZTR80 9ZTR81 "":'c 9ZTR90 9ZTR91 9ZTR9S 9ZTR96 AUTHORIZATION TOTAL AI10tMT PAID ON CLUttS EDP CODE AtIOUfT 1 Z 3 4 Article 4, Section SO-f of the General HLnicipal Law "3.a. Each officer charged with the duty of ..king and keeping the record of claillls shall llI8ke an annual report thereof, in s..-ry to the governing board of such -..nicipal corporation or of such authority or conIission and shall file a copy thereof in the office of the state CCIIIlptroller within 'sixty' days ,after the close of the fiscal year of such lIII.nicipal corporation or of such authority or COIIlIIIission. A .....icipal corporation, authority or comnission required by section thirty of the general .unicipal law to file an annual report of its financial condition with the state COIIlptroller shall file the report required by this Sl.Dsection wi th such financial report." 9ZTR3Z S 9ZTR42 6 9ZTRSZ 7 9ZTR6Z 8 9ZTR7Z 9 9ZTR8Z 10 11 12 Note: It is not necessary to furnish any additional inforlllation or. details on the above cia illS or notices of claiMS. If there _re not notices of Tort Claillls filed or disposed of, please state "NONE" end return this report with the Arrual Financial Report. 12 1 2 3 4 5 6 7 8 9 10 EDPCODE 9ZTR54 9ZTR64 9ZTR74 9ZTR84 (1) MKER OF CLAItts EDPCOOE 9ZTR56 9ZTR66 9ZTR76 9ZTR86 NOTICES OF TORT CLUtts FOR THE FISCAL YEAR Et<<JING 19 (2 ) tb'licipali ty' s E~i table Sha,... \1 6 0~ EDPCODE (3) AJ1ClUrr PAID GREATER THAN E~TA8LE SHARE 9ZTR58 9ZTR68 9ZTR78 9ZTR88 11* Identi fy the rutber (colu.t 1) of cbills disposed of ckJring the year where the setU~t was detennined in accordance wi th the relative culpabili ty of _ch party pursuant to an i t_ized decision or jury verdict and where the IlIlOU"It paid by the lIU'1icipali ty was greater than the -..,icipality's equitable share. Enter the lIUlicipality's equitable share (colu.t 2J and the excess alllOU'lt paid (colunn 3). 12 Report prepared By: ,. r ..... Titl. 13 Address Phone ~r Date CERTIFICATE OF FIRE DISTRICT TREASURER John G. Todd (Please Print or Type Name) Fire District and that the following report is a true and correct of such Fire District for the year ended December 31, 1997 . I, certify that I am the Treasurer of the Chelsea statement of the financial transactions Signature -~ Address 128, Chelsea, NY 12512 Dated January 15 , 19 98 . Telephone (914) Area Code 831-6244 CHAIRMAN OF TIlE BOARD Name Julio Carreras Address P~O'.':aOx :'143,"-.Ghe~seai.NY. 12512 Telephone (914) 831-3202 Area Code STATE OF NEW YORK OFFICE OF TIlE STATE COMPTROLLER 14