5646-R4_ML&P_TownOfBuxton_2016-2017_AnnualReport_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE BUDGETARY COMPARISON SCHEDULE – BUDGETARY BASIS STATEMENT E TOWN OF BUXTON, MAINE STATEMENT OF REVENU S, EXPENDITURES A D CHANGES IN FUND BUDGET AND ACTUAL – GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2016 BALANCES – GOVE NMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2017

Variance Positive (Negative)

Budgeted Amounts

Actual Amounts Total

Original

Final

General

2,628,940 $ Funds Nonmajor

Governmental

2,628,940 $ Fund

2,628,940 $ Funds

Budgetary Fund Balance, July 1

$

-

Resources (Inflows): Property taxes

REVENUES Taxes: Property

9,921,289 9,921,289 9,957,694 1,380,000 1,380,000 1,574,797

36,405 194,797

Excise taxes

10,061,622 $

$

- -

10,061,622 $

Intergovernmental: State revenue sharing Excise Intergovernmental Charges for services Miscellaneous revenues Homestead Local road assistance Tree growth TOTAL REVENUES General assistance Charges for services Investment income Interest fees on taxes Miscellaneous revenues General government Public safety EXPENDITURES Current: Other

284,169 116,420 110,000 1,671,396 589,990 446,637 169,856 12,939,5 1 8,500 2,000 4,611 3,500 18,000 18,000 1,446,440 1,669,606 702,538 14,991,426 495,997

306,044 115,414 109,628 8,424 214,173 13,227,910 924 1,671,396 590,647 690,072

284,169 116,420 110,000 243,435 44,317 288,4 9 8,500 2,000 4,611 495,997 657

21,875 (1,006)

(372) (76)

(1,076) 29,727 95,382 9,532 18,859

34,338 591,379 13,032 36,859 17,841

3,500 18,000 18,000

- -

1,446,440 1,669,606 704,960

(159)

Amounts Available for Appropriation Charges to Appropriations (Outflows): General government Health and welfare Recreation and culture Education

14,991,426 2,422

15,395,314

403,888

59,734

-

59,734

1,514,684 1,552,589 1,458,262 1,779,708 1,792,538 1,805,601 6,788,634 - 6,788,634

94,327 (13,063) (4,815) 23,245

Public safety Health and welfare Recreation and culture County tax Unclassified Public works

713,437 67,135 1,015,263 449,815 39,464

- -

1,015,263 449,815 262,335

713,437 93,559 222,871 432,656 90,638 90,000 23,542 285,844 59,197 225,293 63,116 - - -

718,252 70,314 804,178 432,656 25,657

Education Public works County tax Unclassified Debt service: Principal

6,609,536 6,609,536 6,609,536

-

Debt service: Principal

970,588 1,042,287

238,109

432,656 69,993 90,000 44 100 218,411

90,000 44,100 218,411

-

Interest

64,981

Capital outlay

90,000 23,542 272,083 59,197 12,524, 5 415,496 12,602,559 2,388,867 $ 415,496

90,000 23,542 231,547 59,197 12,749,298 478,612

- -

TOTAL EXPENDITURES

Interest

Capital outlay EXCESS REVENUES OVER (UNDER) EXPENDITURES Transfers to other funds Total Charges to Appropriations NET CHANGE IN FUND BALANCES Budgetary Fund Balance, June 30 Utilization of unassigned fund balance Utilization of assigned fund balance FUND BALANCES - JULY 1

54,297

-

12,785,823 2,205,603 $ 63,116

12,328,742

457,081

478,612

3,066,572 $

$ $

860,969 (255,073) (168,264) (423,337)

$

240,073 3,066,572 240,073 3,482,068 -

$

255,073 168,264 423,337 785,344 848,460

$

- - -

3,851,916

$

$

$

$

FUND BALANCES - JUNE 30

$

$

$

4,330,528

See accompanying independent auditors’ report and notes to financial statements. See accompanying independent auditors’ report and notes to financial statements.

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