1998
~-
~ ~Kounded to the Nearest
Dollar
"ethod 2f ~ccountinq (Check One)
Single Entry Cash
Double Entry Modified Accrual
x
.
ANN U A L R E P 0 R T
OF THE
FIR E D 1ST R I C T T REA SUR E R
YEAR ENDED DECEMBER 31 19 98
, -
NAME OF DISTRICT
HUGHSONVILLE
Please check here if the
treasurer's name, address
and/or telephone number is
different from last year.
IN THE
TO\IN OR TO\INS OF
WAPPINGER
COUNTY OF
DUTCHESS
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
N1. ***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***..
***
N5. 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***.N
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 FUND - BALANCE SHEET - AS OF
EDPCODE
ASSETS
Cash
Cash
Time Deposits
Petty Cash
Total Cash
Inves t~i:s
Investment in Securities
Invest~t in Repurchase Ag~ts
Total Investment
Accounts Recaivables
Due from Other FUlCIs
A200
A201
AZlO
A450
A451
A380
A391
state and Federal Receivables
State and Federal, Other A4IO
Total State and Federal Receivables
Due from other Goverrvnents A440
Inventory
Restricted Assets
C.sh, Special Reserves
Cash in Time Deposits, Special Reserves
Investment in Securities,
Special Reserves
Investment in Repurchase Agreements,
Special Reserves
Total Restricted Assets
TOTAL ASSETS
A445
A230
U31
A452
A453
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
LIABILITIES AND FUND E~ITY
Accounts Payable
Accrued Liabilities
Accrued Liabilities
Due to Elllploy_s' Reti....,t System
Total Accured Liabilities
Notes Payable
Tax Anticipation
Revenue Anticipation
Budget
Total Notes Payable
Due to Other F~s
Overpa~ts
Due to Other GoveN"lMf'lts
Deferred Revenues
Total Liabilities
FUND E~ITY
F~ Balance - Reserved
EncutiJrances
Inventory
Repairs
Debt
Total Reserved
F~ Balance - Unreserved
Appropriated-Ensuing Year's Budget
lklappropria ted
Total Unreserved
F~ Eq.Ji ty
TOTAL LIABILITIES AND FUND EQUITY
1
(FOR DOUBLE ENTRY UNITS ~LY)
....
EDPCODE
A600 $
A601 $
A637
A620
A621
A62Z
A630
A690
A631
A691
A8Z1
AM5
A88Z
A884
A910
A911
..
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
GENERAL FUND
RECEIPTS/REVENUES EDPCODE PAYMENTS/EXPENDITURES EDPCODE
Real Property Tax AIOOI $ 329,765 * Judgments and Claims A 1930.4 $
Charges for Fire Protection A2262 $ Personal Services A341O.1 $ 18,180
Interest and Earnings A2401 $ 5,284 Fire Protection Equip/C.ap Outlay A3410.2 $ 66,342
Rentals A2410 $ 400 Fire Protection Contractual A3410.4 $ 98,107
Sale of Equipment A2665 $ State Retirement System A90 I 0.8 $
Insurance Recoveries A2680 $ 9,206 Police and Fire Retire. System A9015.8 $
Refund Expenditures A2701 $ 102 Local P,;'~s;on Funds A9025.8 $ 23.037
--
Other Unclassified Revenue A2770 $ 39 Social Security A9030.8 $ 2,335
bank made acijustment on statement Workers Compensation Insurance A9040.8 $ 14,642
Federal Aid for Civil Defense A4305 $ Life Insurance A9045.8
Transfers A503 1 $ 2,428 Disability Insurance A9055.8 $ 247
Budget Notes Issued A5750 $ Hospital/Medical Insurance A9060.8 $
Tax Anticipation Notes Issued A5760 $ (3) Redemption of Notes A97.6 $
Revenue Ancipation Notes Issued A5770 $ Interest on Notes A97.7 $
Redemption of Bonds A9710.6 $ 30,000
Interest on Bonds A9710.7 $ 2,550
Transfer to Other Funds A9901.9 $ 65,400
Other (Specify) A $
TOTAL RECEIPTS/REVENUES $ 347.225 TOTAL PA YMENTIEXPENDITURES $ 320,839
Fund/Cash (I) Balance At Fund/Cash (1) Balance At
Beginning of Year A8021 $ 50,183 End of Year A8029 $ 76,569
$ 397,408 TOTAL $ 397,408
*Note: Town ofWappingers original ta'l:
check was in the amount of $329.765: later
requesting we return $765: district budget for
Real Property Tax was 5329.000
2
CAPITAL PROJECTS ~D - BALANCE SHEET - AS OF
ASSETS
Cash
Cash
Time DeposHs
Total Cash
Investments
Investment in Securities
Investment in Repurchase . ---';'3men-ts
Total I. _ -estments
Due from other FU"lds
Deposits with other Gove~ts
state and Federal, Receivables
Restricted Assets
Cash, Special Reserves
Cash in Time Depo~its, Special Reserve
Investment in Securities,
Special Reserves
Investment in Repurchase Ag~ts,
Special Reserves
Total Restricted Assets
TOTAL ASSETS
EDPCODE
HZOO
HZOl
H450
H451
H391
H3'J5
H410
HZ30
H231
H452
H453
$
$
$
$
$
$
$
$
$
$
'-
LIABILITIES AND FUlD E~ITY
Accounts Payable
Accrued Liabilities
Accrued Liabilities
Total Accrued Liabilities
Notes Payable
Revenue Anticipation
Bond Anticipation
T~tc: _ces Payab~~
Retained Fercentages, Contracts
Payable
Due to Other F\.n:Is
Due to Other Gove~ts
Other Liabilities
Deferred Revenues
Total Liebilities
FLtlO EUTY
Fund Balance - Reserved
Enc:unarances
Capi tal Resl!r-ve
Total Reserved
Fund Balance - tklreserved
lk8ppropr ia tad
Total tklreserved
FI..nd Eq.Ji ty
TOTAL LIABILITIES AND FUND E~ITY
3
(FOR DOUBLE ENTRY UNITS ONLY)
EOPCODe
H600
H601
H
H621
H62&
H&05
H630
H631
H
H691
H821
H878
H911
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
" .
CAPITAL FUND
RECEIPTS/REVENUES EDPCODE PAYMENTS/EXPENDITURES EDPCODE
Interest and Earnings H2401 $ 1,696 Fire Protection H3410.2 $
Premo And Accrued Int. on Bonds H2710 $ Redemption of BAN's H9730.6 $
Other (Specify) H2770 $ Transfer to Other Fund H9901.9 $
Other (Specify) H~ $ 170,407
Transfer from General Fund H5031 $ First Payment on chasis
Bonds H5710 $
(1) Bond Anticipation Notes H5730 $ 300,000
Capital Notes H5740 $
TOTAL RECEIPTS/REVENUES TOTAL PAYMENTS/EXPENDITURES $ $170,407
Fund/Cash Balance at Beginning Fund/Cash Balance at End
of Year H8021 $ of Year H8029 $ 131,289
**TOT AL $ 301,696 **TOT AL $ 301,696
(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 O(S)
{FOR SINGLE ENTRY UNITS ONLY,
DOUBLE ENTRY UNITS MUST
INCLUDE EACH RESERVE IN
APPROPRIATE FUND}
Do Not Key
BIg. Repair &
Apparatus . Improvements
Type (Purpose) Type (Purpose) Type (Purpose)
of Reserve of Reserve of Reserve
RECEIPTS EDPCODE Iata1
Interest and Earnings R2401 $ 15,296 $ 12,485 $ 2,811 $
Sales of Assets R2660 $ $ $ $
Other (Specify) R2770 $ $ $ $
Transfers R5031 $ 65,400 $ 50,400 $ 15,000 $
TOTAL RECEIPTS $ 80,696 $ 62,885 $ 17,811 $
Balance Beginning of Year R8021 261,261 $ 192,035 $ 69,226 $
**TOTAL RECEIPTS AND BALANCE $ 341,957 $ 254,920 $ 87,037 $
PAYMENTS
Fire Protection R3410.2 $ 0 $ $ $
Transfer to Other Funds R9901.9 $ 2,428 $ $* 2,428 $
Other (Specify)
Payments for Air Cleaning System 42,572 $ $* 42,572 $
TOTAL PAYMENTS $ $45,000 $ 0 $ 45,000 $
Balance at End of Year R8029 $ 254,920 $ 42,037 $
**TOTAL PAYMENTS AND BALANCE
$
296,957
$
42,037 $
**These must be equal.
*$45,000 Anticipated total cost of air cieamng system, $2,428 transferred to General Fund to pay for remaining installation adjustment costs.
5
AGENCY F.UNDS * BALANCE SHEET * AS OF
ASSETS EDPCODE AGENCY FUND LIABILITIES EDPCODE
Cash *Service Awards TAI3 $
Cash TAZOO $ Defe~red Compensation TAI7
Time Deposits TAZOI $ state Retirement TAl8
Total Cesh $ Disability Insurance TAl9
G~ Insurance TAZO
Invesu-nts New York stat. Income Tax TAU
Investment in Securi ties TA450 $ Fec'''-,:,':' Income Tax TAZZ
Investment in Repurchase Ag~ts TA451 Income Executions TAZ3
Secu~i ties and Mortgages TA455 Association and Union Dues TAZ4
Accrued Interest on Secu~ities TA455 U.S. Savings Bonds TAZ5
Acquired Social Secu~ity Tax TAZ6
Cash and Secu~ities with Deferred Guaranty and Bid Deposits TA30
Compo Plan Pravide~ TA460 Foreign Fire Insurance TASO
Other Agency Funds I Speci fy )
*Service Award Program Assets TA46 I 217,582 TAS5
TOTAL ASSETS
$ 217.582
TOTAL AGENCY LIABILITIES
Service Award Program is:
Administered by Pen flex
$
*Program achinistMlto~ retained by dist~ict. ......... program is achinistrated by the district the TE fund should be used.
Accot..nting Program Procedures dated Sept~~ 6. 1990.
6
See Service Awards
GENERAL FIXED ASSETS ACCOlJofTS * BALANCE SHEET * AS OF
ASSETS EDPCODE EDPCODE
INVESn1ENT IN GENERAL FIXED ASSETS
Land KIDI $ Bonds ."d Notes KISI $
Buildings KID2 Current Appropriations: KlS2
IlIIprov.-,ts Other than Gi fts KlS3
Buildings KID3
Stat. Aid 1"",<;4
Machinery end Equipn8"lt KID4
Federal Aid K157
Construction Hark in Progress KIDS
K K
K K
-
TOTAL ASSETS $ TOTAL INVESTMENT IN GENERAL FIXED ASSETS $
7
GENERAL LONG-nRH OBLIGATIONS If BALANCE SHEET If AS OF
ASSETS
EDPCODE
Amcu,t Aveilable in Debt Sel"Vice F~
H120
Amcu,b to be provided for Long-Term
ObligaHons H125
TOTAL AHOUNT AVAILABLE AND TO BE PROVIDED
$
$
LIABILITIES EDPCODe
Term Bonds Payable H6Z3 $
Bond Anticipation Notes H6Z6
Capital Notes Payable H6Z7
Bonds Payable H6ze
Due to E""loyees' Retirement System H637
Installment Purchase Debt H685
.Judgea.nts and Claims Payable H686
Compensated Absenses H687
O-ther Long-Term Debt H689 $
TOTAL LIABILITIES
8
$
Do Not Kev
RECONCILIATION
This must be comoleted
Balances by Fund at End of Year: (Include cash in checking accounts, time deposits, investments and pettY cash)
General Fund... ... ... ......... ...... ......... ... ...... ......... ... ...... ............... ......... ...... ...A.............
Capital Fund...... ... ... ...... ... ...... ... ......... ... ...... ... ... ... ... ... ......... .,. ... .,. ... .... ...... ......H...... ..........
Reserve Fund......... ...... ......... ... ... ...... ... ... .,. ... ... ... ... ... ... ... ...... ... .., ... .... .., ... .....R............ ....
Trust and Agency Funds...... ...... ...... ... ... ......... ... .,. ......... ............ ............ ...........T...... ... ... ....
Other Funds... (checking & petty cash)... ...... .., ... ... ...... ...... ...... ......... ... ... ... ... .,. ... ......... ...... ...... .....
Total- All Funds ... ... ...... ...... ... ......... .,. ...... ...... ... ... ... ... ............... ... .....
$ 73,973
$ 131,289
$ 296,957
$ 217.582
$ 2,596
$ 722,397 *
Bank Balances at End of Year:
Name and Location of Bank
Bank Balance
Outstanding Checks
Net Bank Balance
$
2,560
73,973
42,037
131,289
254,920
14,068 $
73,973
42,037 $
131,289
254,920
11,509
$
Bank of New York, Fishkill, NY 12524 (checking)
Bank of New York, Fishkill, NY 12524 (Gen. Fund)
Bank of New York, Fishkill, NY 12524 (Bldg. Repair)
Bank of New York, Fishkill, NY 12524 (Bond Fund)
Bank of New York, Fishkill, NY 12524 (Apparatus)
Totals
$
$
$
Cash on Hand (Date Deposited)............ .......................................... ...... ......... .................. .............
Petty Cash
............................................................................................................................
$
36
Fund
INVESTMENTS HELD AT DECEMBER 31,1998
Description of Investment Purchase Price
Mainstay Mutual Funds for Service Award Program
Administered by Penflex
$ 217,582
TOTAL INVESTMENTS.................. ......... ................................. ................................. ................$
Total Bank Balance, Cash on Hand, Petty Cash and Investments
$
722,397 *
*These total must agree
9
.
DETAILED STATEMENT OF INDEBTEDNESS
Bonds
(Show each issue separately 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
1988 8.5 SJO ,000 5 530 000 SO
1998
$ $ --
TOTAL BONDS 2P1877 XXXX XXX S S
TOTAL BONDS OUTSTANDING AS OF DECEMBER 31 $ 0
Tax Anticipation Notes 2P1861 XXXX XXX $ S $ $
Revenue Anticipation Notes 2P1862 XXXX XXX
Budjtet Notes 2P1863 XXXX XXX
Capital Notes 2P1875 XXXX XXX
Bond Anticipation Notes 2P1876 XXXX XXX u 300,000 0 300.000
TOTAL NOTES XXXX XXX $ $ $ $
Notes
TOTAL NOTES OUTSTANDING AS OF DECEMBER 31' 98 $ 300, 000
TOTAL BONDS AND NOTES
I XXXX
XXX
I $
I $
I $
I $
10
TOWN
EDP
Code
own of Wa
er
Assessed Valuation
of Fire District
Within Town
178 837 231
Tax Rate
per $1,000
of Assessed Valuation
DISTRICT TOTAL
*Should agree with Receipt of Real Property Taxes as shown at top of page 1
1. 84
COMPUTATION OF FULL VALUATIOK OF TAXABLE REAL PROPERTY
**Initially the Town of Wappiner sent a check for 329 765
of $765 at a later date to coincide with our budget. '
Assessed Valuation
of Fire District
Within Town
TOWN
Town of Waooinaer
Total Assessed
Valuation
Total Full Valuation
EDP
Code
9ZFE
S 178 R17 ?~1
$ 2,803970
for dist~ict.
Equalization
Rate
S fl1 7R
.
. ~
Amount of Tax
(Assessed Valuation
Multiplied by Tax Rate
329 060**
*
Requested a return
Full Valuation
(Assessed Valuation
Divided by
Equalization Rate)
52 803 970
$ 2,803,970
EXAMPLE OF CALCULATION OF FULL VALUATION:
Town A
Town B
Town C
Assessed Valuation
Full Valuation
$10,000
5,000
20,000
$35,000
11
25:
40%
100%
=
$40,000
12,500
20,000
=
=
$ 7 2 , 500
..
CE~::FICATE OF FIRE DISTRICT TREASURER
Adrienne Dominello
(Please Print or Type Name)
Fire District and that the following report is a true
of such Fire District for the yea~ ended December 31,
I,
certify that I am the Treasu~r of the
HughsonvilIe
and correct statement of the financial transactions
1998
Signature
c~~~~
Address PO Box 533
Dated
.t:\~~ 4-
~
Hughsonville. NY 12537
, 19 <=i' Ct.
Telephone ( 914 )297-4960
Area
Code
CHAIRMAN OF TIlE BOARD
Name
Robert Padworski
Address PO Box 545 HughsonvilIe, NY 12537
Telephone ( 914) 297-4194
Area
Code
STATE OF NEW YORK
OFFICE OF THE STATE COMPTROLLER
12