2008
.'1'
All Numbers in This
Report Have Been
Rounded To The Nearest
nnll;:/r
ANNUAL FINANCIAL REPORT
UPDATE DOCUMENT
For The
FIRE DISTRICT of New Hackensack
County of Dutchess
For the Fiscal Year Ended 12/31/2008
~A~lAIllllllA1A*************A1411111~11111111111111111A1111111111111Al111111111Allll11111111111111111111111A'1'~**************
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 and School Accountability
Albany, New York 12236
Page 1
FIRE DISTRICT OF New Hackensack
*** 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 2007 and has been used by the OSC as the basis for preparing this
update document for the fiscal year ended 2008:
(A) GENERAL
(R) Reserve
(T A) AGENCY
All amounts included in this update document for 2007 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 Time Deposits and Investments
3) Bank Reconciliation
4) local Government Questionnaire
5) Schedule of Employee and Retiree Benefits
6) Schedule of Energy Costs and Consumption
All numbers in this report will be rounded to the nearest dollar.
Page 2
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
(A) GENERAL
Balance Sheet
/Code.Desctiption .
Assets
Cash
Cash In Time Deposits
TOTAL Cash
TOTAL Assets
II- 2/Xl'1 ,.... II, EdpCocie41
Page 3
.. 2008
22.944 A200
166,028 A201
188,972
188,972
33,439
147,375
180,814
180,814
OSC Municipality Code 131186806500
(A) GENERAL
Balance Sheet
!Code Description
Liabilities And Fund Equity
AccruecI Liabilities
TOTAL Accrued liabilities
TOTAL liabilities
Unreserved Fund Balance Unappropriated
TOTAL Un~ Fund Balance - Unappropriated
TOTAL Fund Equity
TOTAL Liabilities And Fund Equity'
... .'.-', . -
- -. .----.,'--- ~
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
l ......... too7. I"E<fpCo(fe It . 2008
Page 4
A601
o
o
188,972 A911
1",972
1"-972
188,972
o
o
180,814
180,814
180,81"
180,814
OSC Municipality Code 131186806500
(A) GENERAL
Results of Operation
~ Oe$cription
Detail Revenues And Other Sources
Real Property Taxes
TOTAl Real Property Taxes
Interest And Eamings
Rental of Real Property
TOTAL Use 9f Money And Property
Sales of Equipment
TOTAL Sale of Property And Compensation For Loss
Unclassifted (specify)
TOTAL"'isceIIaneous~ Sources
TOTAl Revenues
TOTAL Detal Revenues And other Sources
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
II 2007 II. EdpCode II .... 200&
996,388 A1001 995.558
996,388 995,558
14,439 A2401 14.654
A241 0
14,439 14,654
A2665 19.000
0 19,000
37,464 A2770 16.414
37M' 16.41"
1,048,291 1,045,626
1,048.291 1,045,626
Page 5
OSC Municipality Code 131186806500
(A) GENERAL
Results of Operation
/Code De$cl iption .
Detail Expenditures And Other Uses
Fire, Pers Serv
Fire, Equip & Cap Outlay
Fire, Contr Expend
TOTAL Fire
TOTAL Public Safety
Police & Firemen Retirement, Empl Bntts
LocaJ Pension Fund, Empl Bntts
Social Security, Employer Cant
Worker's Compensation, Empl Bntts
Life Insurance, Empl Bntts
Hospital & Medical (dental) Ins, Empl Bnft
TOTAL EmpIc)yee .Benefits
TOTAL ExpendiIures
Transfers, Other Funds
TOTAL Operating Transfers
TOTAL Other Uses
TOTAL Detail ~es And Other Uses
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
It 1!X1t' ~ EdpCode . II 200e
135,104 A34101 135,853
66,049 A34102 109,561
339,905 A34104 291.421
541,058 636,834
541,058 536,834
18,216 A90158 18,842
21,362 A90258 22.920
10,325 A90308 10,618
4,416 A90408 67,340
466 A90458 7,107
29,373 A90608 27.812
84,158 154,639
625,216 691,474
355,859 A99019 362.310
355,859 362,310
355,859 362,310
981,075 1,053,783
Page 6
OSC Municipality Code 131186806500
(A) GENERAL
Changes in FUnd Equity
1CcXJe~
ANALYSIS OF CHANGES IN FUND EQUITY
Fund Equity-Beginning of Year
Restated Fund Equity - Beg of Year
ADD - REVENUES AND OTHER SOURCES
DEDUCT - EXPENDITURES AND OTHER USES
Fund Equity-End of Year
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
. II .~'2JXfI< IIEdpbode 1/
Page 7
121,756 A8021
121,756 A8022
1,048,291
981,075
188,972 A8029
2008
188,972
188,972
1,045,626
1,053,783
180,814
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
Budget Summary
jcoc:JeDeScQltion . ..
II
200S.
· 11 EdpCode II
Page 8
2009
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
(R) Reserve
Balance Sheet
~..~.
Assets
Cash In Time Deposits, Spec Res
TOTAL Restricted Assets
TOTAL Assets
"
Page 9
2007. IIEdpCode .11
1.795.612 R231
1,795,612
1,795,612
.2008
2,206,167
2,206,167
2,206,167
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
(R) Reserve
Balance Sheet
~..~.....
Liabilities And Fund Equity
Capital Reserve
Reserve For Repairs
TOTAL Special Reserves
TOTALFQOd Equity
TOTAL Liabilities And Fund Equity
II .. ... ..2007.. . EdpCodeIl
Page 10
1,774.971 R878
20,641 R882
1.795,612
1,795,612
1.795.612
.20081
2,185,238
20,929
2,206,167
2,206,167
2,206,167
OSC Municipality Code 131186806500
(R) Reserve
Results of Operation
~~
Detail Revenues And Other Sources
Interest & Earnings
TOTAL Use of Money And Property
TOTAL Revenues
Interfund Transfers
TOTALInterfund Transfers
TOTAL Other SOurces
TOTAL Detail Revenues And Other Sources
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
JI2OO7 .1/ ..E<JpCode.11 .2008, .,
Page 11
69,181 R2401 48.245
69,181 48.245
69,181 48,245
355,860 R5031 362.310
355.860 362,310
356,860 362,310
-425,841 410,555
OSC Municipality Code 131186806500
(R) Reserve
Results of Operation
~odeOescription ~ .
Detail Expenditures And Other Uses
Fire, Equipment Outlay
TOTAl. Fire
TOTAl. Public Safety
TOTAL Expenditures
TOTAL Detail Expenditures And Other Uses
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
II
Page 12
2007 ...... II.. E:~o(1e II
87.919 R34102
87,919
17,919
87,91t
87,919
2008
o
o
o
o
OSC Municipality Code 131186806500
(R) Reserve
Changes in Fund Equity
~.~_..
ANALYSIS OF CHANGES IN FUND EQUITY
Fund Equity - Beginning of Year
Restated Fund Equity - Beg of Year
ADD - REVENUES AND OTHER SOURCES
DEDUCT - EXPENDITURES AND OTHER USES
Fund Equity - End of Year
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
n 2007
Page 13
1I~1/
2008
1
1,458,490 R8021 1,795,612
1,458,490 R8022 1,795,612
425.041 410.555
87.919
1,795,612 R8029 2,206,167
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
(TA) AGENCY
Balance Sheet
Pode.1lesCriPtion
Assets
Service Award Program Assets
TOTAL Investments
TOTAL Assets
It
Page 14
'iJJt:rT
II EdpCodel/
564.234 TA461
564,234
564,234
2008
605,129
605,129
605,129
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2008
(TA) AGENCY
Balance Sheet
~~.~
Liabilities And Fund Equity
Service Awards
TOTAL Agen-:y liabilities
TOTAL Liabilities
TOTAL UabiHties And Fund Equity
Page 15
1JX1l H EdpCC'Jde .11
564,234 TA 13
564,234
564.234
564,234
2008
605,129
&05,129
605.129
605,129
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Financial Comments
For the Fiscal Year Ending 2008
Page 16
New Hackensack FIRE DISTRICT
Statement of Indebtedness
For the Fiscal Year Ending 2008
PaQe 17
New Hackensack FIRE DISTRICT
Fire District Questionnaire
For the Fiscal Year Ending 2008
1) Has your district adopted a written procurement prolicy and is it complied with?
2) Has your district contracted to have an independent audit of its financial statements'!
If not, has the Board of Fire Commissioners performed an internal audit of the
Treasurer's records and reports?
3) Does your district have a written travel policy and is it complied with?
4) Are monthly bank reconciliations performed?
5) What is your district's statutory spending limitation margin (amount) for the next fisc;
6) Does your district have a Length of Service Award Program
(LOSAP) for volunteer firefighters?
If so, how are the LOSAP funds invested?
Marketable Securities
Annuities
Life Insurance
Other (describe)
7) Has your Fire District adopted an investment policy as required by General Municipal
Law, Section 39?
Page 20
Response
Y
Y
N
Y
$2,534,380
y
Y
New Hackensack FIRE DISTRICT
Employee and Retiree Benefits
For the Fiscal Year Ending 2008
r 1'-- I
I Total Full Time Employees:
Total Part Time Employees: ~
Account DeSCription Total # of Full # of Part # of Retirees
Code Expenditures TII11e TII11e
(All Funds) Employees Employees
9010C State Retirement System $0.0(
9015C Police and Fire Retirement $18,842.0(
90258 local Pension Fund $22.92O.OC
90308 Social Security $10,618.OC
90408 $4,925.OC -
Worker's Compensation
Insurance
~ life Insurance $7,107.0(
905QC Unemployment Insurance $0.00
905& Disability Insurance
9060C Hospital and Medical $27,812.3€
(Dental) Insurance
-
9070C Union Welfare Benefits
9085C Supplemental Benefit Payment to
Disabled Fire Fighters
91890 Other Employee Benefits
Total $92,224.3ti
Computed Total From Financial $154,639.4~
Section (comparative purposes only)
Page 21
OSC Municipality 131186806500
.
CERTIFICA TION OF CHIEF FISCAL OFFICER
I, Frank P Borquist
the
financial report of the
, hereby certify that I am the Chief Fiscal Officer of
, and that the information provided in the annual
, for the fiscal year ended 12/31/2008
, 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
the Chief Fiscal Officer of the
my signature for use in conjunction with the filing of the
annual financial report, I am evidencing my express intent to authenticate my certification of the
annual financial report for the fiscal year ended 12/31/2008
, and adopted by me as
's
and filed by means of electronic data transmission,
Name of Report Preparer if
different than Chief Fiscal Officer
Frank P Bar'Quist
Name
( ) -
Telephone Number
SeclTreas
Title
217 Myers Corners Rd
Official Address
04/21/2009
Date of Certification
(845) 297-3897
Official Telephone Number
Page 23
Municipality Code 131186806500