9304-R4_NewGloucester_2024-2025_AnnualReport_Web

ANNUAL REPORT NEW GLOUCESTER CEMETERY ASSOCIATION Period beginning 7/1/24 ending 6/30/2025 RECEIPTS AND DISBURSEMENTS

RECEIPTS

$ 43,863.25

Opening Graves

$ 16,000.00 $ 7,140.00 $ 34,000.00 $ 18,800.10 $ 2,500.00

Sale of Cemetery Graves

Town of New Gloucester Appropriation Annual Care

Interest Earned Flag Holder Funds Miscellaneous Income

$

108.00

Donation

$ 1,450.00

Prepaid Burials

$

200.00

Matured Perpetual Care Certificates of Deposits

$ 88,360.00 $ 168,558.10

TOTAL REVENUE

* Liability - Cemetery Expansion Project Funds Less- Payments for Boundary Surveys for 3 cemeteries $ (3,940.00)

$ 126,160.00

DISBURSEMENTS

$ 294,718.10 294,718.10 $

Wages

Cemetery Maintenance

$ 23,985.25 $ 6,350.00

Accounting

Payroll Taxes

$ 2,680.95

Insurance

Workers' Compensation General Liability/Property/ Equipment

$ 2,819.00 $ 1,614.00 $ 1,500.00

Automobile Insurance

Directors and Officers Liability Policy

$

865.00

Office Supplies, Postage, Compute, Telephone and Meeting Expenses

$ 2,706.51

Shop and Maintenance Supplies, Safety Equipment and Supplies

$ 1,345.84

Cemetery Grounds Maintenance - Gas/Diesel/Equipment Hire/Mileage

$ 4,166.97

Vehicle and Equipment Repair and Maintenance Expenses

$ 1,755.89

Equipment Updated

$ 2,240.74

Other Expense - Veteran Flags, Geraniums and Miscellaneous

$ 1,456.41

Perpetual Care Funds - Transferred Perpetual Care Certificate of Deposits

$ 89,337.00 $ 142,823.56

TOTAL DISBURSEMENTS

* Asset - 2025 Utility Trailer Purchased to replace the 1975 Trailer

$ 6,635.11 $ 149,458.67 149,458.67 $

PAYROLL TAX LIABILITIES

TOTAL 189,122.68 $

$ (1,054.60)

2024 Accrued payroll taxes - Paid 7/5/2023 2025 Accrued payroll taxes - Paid 7/7/2025

$ 1,708.82 ENDING BALANCE 189,776.90 $

CEMETERY EXPANSION FUNDS 126,160.00 $ CEMETERY ASSOCIATION FUNDS 63,616.90 $ $ 189,776.90

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