50 / 104
48
STATEMENT E
TOWN OF BUXTON, MAINE
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES – GOVERNMENTAL FUNDS
FOR THE YEAR ENDED JUNE 30, 2015
See accompanying independent auditors’ report and notes to financial statements.
Total
General
Nonmajor
Governmental
Fund
Funds
Funds
REVENUES
Taxes:
Property
9,525,415
$
-
$
9,525,415
$
Excise
1,434,443
-
1,434,443
Intergovernmental
588,205
6,193
594,398
Charges for services
473,172
-
473,172
Miscellaneous revenues
73,461
183,555
257,016
TOTAL REVENUES
12,094,696
189,748
12,284,444
EXPENDITURES
Current:
General government
1,398,784
-
1,398,784
Public safety
1,833,592
-
1,833,592
Health and welfare
688,062
852
688,914
Recreation and culture
61,779
128,092
189,871
Education
6,326,449
-
6,326,449
Public works
857,400
-
857,400
County tax
426,424
-
426,424
Unclassified
27,979
48,369
76,348
Debt service:
Principal
90,000
-
90,000
Interest
51,030
-
51,030
Capital outlay
223,424
-
223,424
TOTAL EXPENDITURES
11,984,923
177,313
12,162,236
EXCESS REVENUES OVER (UNDER)
EXPENDITURES
109,773
12,435
122,208
OTHER FINANCING SOURCES
Transfers in
19,000
65,957
84,957
Transfers (out)
(65,957)
(19,000)
(84,957)
TOTAL OTHER FINANCING SOURCES
(USES)
(46,957)
46,957
-
NET CHANGE IN FUND BALANCES
62,816
59,392
122,208
FUND BALANCES - JULY 1, RESTATED
2,566,124
571,345
3,137,469
FUND BALANCES - JUNE 30
2,628,940
$
630,737
$
3,259,677
$
STATEMENT C
TOWN OF BUXTON, MAINE
BALANCE SHEET - GOVER MENTAL FUNDS
JUNE 30, 2015
See accompanying independent auditors’ report and notes to financial statements.
Total
General
Nonmajor Governmental
Fund
Funds
Funds
ASSETS
Cash and cash equivalents
2,763,731
$
212,853
$
2,976,584
$
Investments
-
162,430
162,430
Accounts receivable (net of allowance for uncollectibles):
Taxes
321,210
-
321,210
Liens
163,530
-
163,530
Other
101,783
5,814
107,597
Prepaid expenses
4,465
-
4,465
Due from other funds
314,719
564,359
879,078
TOTAL ASSETS
3,669,438
$
945,456
$
4,614,894
$
LIABILITIES
Accounts payable
113,549
$
-
$
113,549
$
Accrued payroll
5,588
-
5,588
Accrued expense
239
-
239
Due to other funds
564,359
314,719
879,078
TOTAL LIABILITIES
683,735
314,719
998,454
DEFERRED INFLOWS OF RESOURCES
Prepaid taxe
24,694
-
24,694
Deferred tax ev nues
332,069
-
332,069
TOTAL DEFERRED INFLOWS OF RESOURCES
356,763
-
356,763
FUND BALANCES
Nonspendable
-
55,100
55,100
Restricted
-
139,151
139,151
Committed
-
185,737
185,737
Assigned
168,264
250,749
419,013
Unassigned
2,460,676
-
2,460,676
TOTAL FUND BALANCES
2,628,940
630,737
3,259,677
TOTAL LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND FUND BALANCES
3,669,438
$
945,456
$
4,614,894
$