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2010
All Numbers in This Report
Have Been Rounded To
The Nearest Dollar
ANNUAL FINANCIAL REPORT
UPDATE DOCUMENT
For The
FIRE DISTRICT of New Hackensack
County of Dutchess
For the Fiscal Year Ended 12/31/2010
*************************************************************************************************************************************
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 *** 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 2009 and has been used by the OSC as the basis for preparing this
update document for the fiscal year ended 2010:
(A) GENERAL
(R) Reserve
(TA)AGENCY
All amounts included in this update document for 2009 represent data filed by your government with
OSC as reviewed and adjusted where necessary.
*** ARRA SECTION ***
The American Recovery and Reinvestment Act (ARRA) section of your Annual Financial Report
is designed to report revenues and expenditures of federal stimulus money
for the current fiscal year ended.
*** 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
7) Schedule of Other Post Employment Benefits (OPEB)
All numbers in this report will be rounded to the nearest dollar.
Page 2
(A) GENERAL
Balance Sheet
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
Assets
Cash
Cash In Time Deposits
TOTAL Cash
fOTAL Assets
Page 3
511,823 A200 141,911
A201
511,823 141,911
511,823 141,911
OSC Municipality Code 131186806500
(A) GENERAL
Balance Sheet
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
Liabilities
Accrued Liabilities
TOTAL Accrued Liabilities
TOTAL Uabilities
Reserve For Debt
TOTAL Special Reserves
Unreserved Fund Balance Unappropriated
TOTAL Unreserved Fund Balance - Unappropriated
TOTAL Fund Equity
TOTAL Liabilities And Fund Equity
Page 4
_.~
A601
o
o
277,097 A884
Z17,097
234,726 A911
234,726
511,823
511,823
o
o
o
141,911
141,911
141,911
141,911
OSC Municipality Code 131186806500
(A) GENERAL
Results of Operation
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
Revenues
Real Property Taxes
TOTAL Real Property Taxes
Interest And Earnings
TOTAL Use of Money And Property
Sales of Equipment
TOTAL Sale of Property And Compensation For Loss
Unclassified (specify)
TOtAL Miscellaneous Local Sources
TOTAL Revenues
TOTAL Detail Revenues And Other Sources
Page 5
1,020,672 A1001
1,020,872
3,569 A2401
3,589
4,000 A2665
4,000
96,067 A2770
98,087
1,124,308
1,124,308
969,104
969,104
2,211
2,211
1,175
1,175
24,550
24,550
997,040
997,040
OSC Municipality Code 131186806500
(A) GENERAL
Results of Operation
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
Expenditures
Fire, Pers Serv
Fire, Equip & Cap Outlay
Fire, Contr Expend
TOTAL Fire
TOTAL Public Safety
Police & Firemen Retirement, Empl Bnfts
Local Pension Fund, Empl Bnfts
Social Security, Employer Cont
Worker's Compensation, Empl Bnfts
Life Insurance, Empl Bnfts
Hospital & Medical (dental) Ins, Empl Bnft
TOTAL Employee Benefits
TOTAL Expenditures
Transfers, Other Funds
TOTAL Operating Transfers
TOTAL Other Uses
TOTAL Detail Expenditures And Other Uses
Page 6
109,949 A34101
61,707 A34102
295,531 A34104
487,187
4&7,187
13,360 A90158
20,196 A90258
8,389 A90308
75,937 A90408
7,551 A90458
20,679 A90608
148,112
613,299
180,000 A99019
180,000
180,000
793,299
109,009
331,596
272,745
713,350
713,350
9,044
6,704
64,548
8,250
23,208
111,754
825,104
541,848
541,848
541,848
1,366,952
OSC Municipality Code 131186806500
(A) GENERAL
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 2010
Page 7
~"~'1.1
180,814 A8021 511,823
180,814 A8022 511,823
1,124,308 997,040
793,299 1,366,952
511,823 A8029 141,911
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
Budget Summary
rtrl_"._,<"_,~~---~~
......-l_~.t~.
Page 8
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
(R) Reserve
Balance Sheet
Assets
Cash In Time Deposits, Spec Res
TOTAL Restricted Assets
TOTAL Assets
Page 9
1,935,245 R231
1,936,245
1,936,245
lD~llt~
2,487,503
2,487,503
2,487,503
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
(R) Reserve
Balance Sheet
Fund Equity
Capital Reserve
Reserve For Repairs
TOTAL Special Reserves
TOTAL Fund Equity
TOTAL liabilities And Fund Equity
Page 10
----I~)ll
1,914,091 R878
21,154 R882
1,935,245
1,935,245
1,935,245
2,466,269
21,234
2,487,503
2,487,503
2,487,503
OSC Municipality Code 131186806500
(R) Reserve
Results of Operation
Revenues
Interest & Earnings
TOTAL Use of Money And Properly
Unclassified (specify)
TOTAL Miscellaneous Local Sources
TOTAL Revenues
Interfund Transfers
TOTAL Interfund Transfers
TOTAL Other Sources
TOTAL Detail Revenues And Other Sources
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
_L____.....~~
Page 11
25,856 R2401 10,410
25,85& 10,410
89,500 R2770
89,500 0
116,356 10,410
180,000 R5031 541,848
180,000 541,848
180,000 541,848
295,356 552,258
OSC Municipality Code 131186806500
(R) Reserve
Results of Operation
Expenditures
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 2010
- 1111,&
Page 12
-~1il1J
566,278 R34102
566,278 0
566,278 0
566,278 0
568,278 0
OSC Municipality Code 131186806500
(R) Reserve
Changes in Fund Equity
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
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
Page 13
......~~1&~~&!1
2,206,167 R8021 1,935,245
2,206,167 R8022 1,935,245
295,356 552,258
566,278
1,935,245 R8029 2,487,503
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
(TA) AGENCY
Balance Sheet
..1 "-.--.----- -.-----.---
Assets
Service Award Program Assets
TOTAL Investments
TOTAL Assets
Page 14
624,029
&24,029
624,029
-IIBIIIIII~!I~
. , '."'J~<;;~l'@:"'-
TA461 662,550
&&2,550
&&2,550
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Annual Update Document
For the Fiscal Year Ending 2010
(TA) AGENCY
Balance Sheet
~ -Ill
TOTAL Agency Liabilities
TOTAL Liabilities
TOTAL Liabilities And Fund Equity
Page 15
~ ~1~1!lf1ll~.
624,029 TA13
624,029
824,029
824,029
662,550
682,550
682,550
682,550
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Statement of Indebtedness
For the Fiscal Year Ending 2010
Page 17
New Hackensack FIRE DISTRICT
Schedule of Time Deposits and Investments
For the Fiscal Year Ending 2010
EDP Code
Amount
CASH:
On Hand
Demand Deposits
Time Deposits
Total
9Z2001
9Z2011
9Z2021
$0.00
-,-........----
$2,629,414.00
---_._.,.~--_._--
$0.00
------ ------
__ __~2,62~414.00
COLLATERAL:
- FDIC Insurance
Collateralized with securities held in
possession of municipality or its agent
Total
9Z2014
$250,000.00
_________'.n_.__
9Z2014A
___ $2,4~~,68?OO
. __ $2,7()8,6~~00
INVESTMENTS:
- Securities (450)
Book Value (cost)
Market Value at Balance Sheet Date
9Z4501
9Z4502
$0.00
---"._~------
$0.00
Collateralized with securities held in
possession of municipality or its agent
9Z4504A
$0.00
- Repurchase Agreements (451)
Book Value (cost)
Market Value at Balance Sheet Date
9Z4511
9Z4512
$0.00
-------------
$0.00
Collateralized with securities held in
possession of municipality or its agent
9Z4514A
$0.00
Page 18
OSC Municipality Code 131186806500
Bank
Account
Number
*****-6153
*****-6161
*****-3391
*****-3383
*****-3375
*****-3367
New Hackensack FIRE DISTRICT
Bank Reconciliation
For the Fiscal Year Ending 2010
Include All Checking, Savings and C.D. Accounts
Bank
Balance
_~~?9,187
_~ $8,O?Q
_$21,234
____~!1,_091,188
$1,37_~,Q81
$131,6_6~
Add:
Deposit
In Transit
~_~ $41
$0
$0
$0
$0
-_._---~
$0
Total Adjusted Bank Balance
Petty Cash
Adjustments
Total Cash
Total Cash Balance All Funds
* Must be equal
Page 19
Less:
Outstanding
Checks
Adjusted
Bank
Balance
_____._ $24,372
$2,625
$0
$0
-_.--~-- -----"
$0
--_._~ ,----~_.----
$0
_._----
9ZCASH
9ZCASHB
~___ $4,f3~~
__ $5,3~5
___ ~21,234
~1,091,18~
_----.11,~Z5,081
____ ___ $131~()6Q
_ __ _~?,!329,41.4
$.00
$.00
--------- ----------
* _ __ ~2,629,414
___u_~2,629!414
*
OSC Municipality Code 131186806500
New Hackensack FIRE DISTRICT
Fire District Questionnaire
For the Fiscal Year Ending 2010
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?
Respollse
Y
"--------
Y
3) Does your district have a written travel policy and is it complied with?
4)
5)
6)
N
Are monthly bank reconciliations performed?
Y
What is your district's statutory spending limitation margin (amount) for the next fiscal
Does your district have a Length of Service Award Program
(LOSAP) for volunteer firefighters?
$2,069,105
If so, how are the LOSAP funds invested?
Marketable Securities
Annuities
Life Insurance
N
Y
N
Other (describe)
7) Has your Fire District adopted an investment policy as required by General Municipal
Law, Section 39?
Y
Page 20
I
[
1_. oun.i
Code
901 O~
9015~
9025~
9030~
9040~
[.- 9045€
~ 90508
L-.__. _
L 905513
1__ 90608
9oioa
New Hackensack FIRE DISTRICT
Employee and Retiree Benefits
For the Fiscal Year Ending 2010
Total Full Time Employees:
Total Part Time Employees:
Description
State Retirement System
Police and Fire Retirement
Local Pension Fund
Social Security
Worker's Compensation
Insurance
Life Insurance
Unemployment Insurance
Disability Insurance
Hospital and Medical
(Dental) Insurance
Union Welfare Benefits
90858 Supplemental Benefit Payment to
Disabled Fire Fighters
91890 Other Employee Benefits
I
--Yotail--
T-
Computed TotaiF'rom Financial -
~ection (comparative purposes only)
I
1
:2
Total
Expenditures
(All Funds)
$O.OC
$9,044.2C
$O.OC
$6,704.0f
$64,548.2~
$8,250.0S
$O.OC
$23,208.0.c1
$O.OC
$O.OC
$O.OC
# of Full
Time
Employees
# of Part
Time
Employees
---
# of Retirees
~~----J
:.
6C
,
$111.7".~1
_ $111,754'1
--.-J
Page 21
OSC Municipality 131186806500
Energy Type
p~solille--
pie~el~~~ .
f~el <?il . ___~.
~a!~rai Gas __
~Ie~~=~
~~al_~ .
New Hackensack FIRE DISTRICT
Energy Costs and Consumption
For the Fiscal Year Ending 2010
Total
Expenditures
Total Volume
Units Of
Measure
Alternative
Units Of
Measure
-__-. ...... $7.~~~=-- -. 3ill[~"~~s-=:C---~~~--
~~__!4.~6~==[-=------1.!~c==-~-~[~_~_~n_=
- ~7.62~ n_~ __ 2.84lL ga~lons~l -[[_.__~
--=--..$8.~~=-=~~_6,87~L~bic-ieet r---=---=__
..... $i8.9~_=1.38.091[= kil()\Y~ttS] .._...-~
~~_=~==[!O~S __J~~ ._~-=-_I
[-=-
Jr---
Page 22
OSC Municipality 131186806500
FIRE DISTRICT DEMOGRAPHICS
~~~~~L~_~
~17 Myers Corners Rd
Street Address or PO Box
1(845) 297-3897
Fire District Telephone Number
I
1NY112590
State Zip
fwappinger Falls
City
1(845) 297-2122
Fire District Fax Number
I
Official Email Address Website
Physical Address: (If Different From Postal Address)
I I
Street Address
City
II
State Zip
BOARD DEMOGRAPHICS
CHIEF FISCAL OFFICER
IFrank P Borquist
Name
~2 Wildwood DR
Street Address or PO Box
~845) 297-4539
Telephone Number
jt!>orquist@yahoo.com
Email Address
lseclTrea
Title
jwapPinger Falls
City
I( ) -
Fax Number
1 00/00/0000
Term End Date
1NY112590
State Zip
CHAIRMAN OF THE BOARD
IRoderick Macleod
Name
~2 Fenmore Dr
Street Address or PO Box
~845)297 -1866
Telephone Number
/chairman
Title
~apPinger Falls
City
~ ) -
Fax Number
112/3112013
Term End Date
1NY112590
State Zip
Email Address
I, IFrank p Borquist hereby certify that I am the Chief Fiscal Officer of the
INew Hackensack Fire District , and that the information provided in the annual
financial report of the INew Hackensack Fire District , for the fiscal year ended
112/31/2010 , is true and correct to the best of my knowledge and belief. By entering the personal
identification number assigned by the Office of the State Comptroller to me as the Chief Fiscal Officer
of the lNew Hackensack Fire District , and adopted by me as my signature for
use in conjunction with the filing of the lNew Hackensack Fire District 's annual
financial report, I am evidencing my express intent to authenticate my certification of the
INew Hackensack Fire District 's annual financial report report for the fiscal year
ended 112/31/201 0 and filed by means of electronic data transmission.
Name of Report Preparer
if different than Chief Fiscal Officer
r*-*
Personal Identification Number
of Chief Fiscal Officer
02/27/2011
Date