7538-R2_ML&P_TownOfBuxton_2019-2020_Web

SCHEDULE 1

TOWN OF BUXTON, MAINE

SCHEDULE 1

BUDGETARY COMPARISON SCHEDULE - BUDGETARY BASIS BUDGET AND ACTUAL - GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2019

TOWN OF BUXTON, MAINE BUDGETARY COMPARISON SCHEDULE - BUDGETARY BASIS

BUDGET AND ACTUAL - GENERAL FUND FOR THE YEAR ENDED JUNE 30, 2020

Variance Positive (Negative)

Actual

Budgeted Amounts

Original

Final

Amounts

$ (Negative) Variance Positive

Budgeted Amounts

Actual

Budgetary Fund Balance, July 1

3,533,550 $

3,533,550 $

3,533,550 $

-

Original

Final

Amounts

Resources (Inflows): Property taxes Budgetary Fund Balance, July 1

3,710,895 $

3,710,895 $

3,710,895 $

10,924,771 1,873,782 $

(80,989) 291,282 - 48,957 61,346 81,198 17,374 419,168

11,005,760 1,582,500

11,005,760 1,582,500

Resources (Inflows): Property taxes

Excise taxes

11,672,161 1,682,500

11,672,161 1,682,500

11,678,706 1,828,160 1,028,762

6,545

Intergovernmental Charges for services Investment income Miscellaneous revenues

795,780 532,900 39,500

795,780 532,900 39,500

844,737 594,246 120,698 19,374

Excise taxes

145,660 70,758 76,149 20,851 38,775 358,738 162,274 265,574 12,277 59,151

Intergovernmental Charges for services Investment income Miscellaneous revenues

958,004 538,400 64,500

958,004 538,400 64,500

614,549 85,351 40,775

2,000

2,000

Amounts Available for Appropriation

17,491,990

17,491,990

17,911,158

2,000

2,000

Amounts Avail bl for Ap ropriation

18,628,460

18,628,460

18,987,198

Charges to Appropriations (Outflows): General government

1,817,756 2,231,815

1,854,676 2,325,730

1,752,093 2,180,726

102,583 145,004 27,170 57,914

Public safety Charges to Appropriations (Outflows): General government Health and welfare

2,017,346 2,462,158 810,036 124,905 7,754,584 1,213,507 427,283

2,084,766 2,548,569 825,441 182,996 7,754,584 1,317,331 427,283

1,922,492 2,282,995 813,164 123,845 7,754,584 1,104,708 427,283

772,524 127,221

779,857 178,629

752,687 120,715

Public safety

Recreation and culture

Education Public works Recreation and culture Health and welfare

7,423,641 1,139,497

7,423,641 1,203,339

7,423,641 1,080,324

-

123,015

Education Public works County tax Unclassified Debt service: Principal

-

County tax Unclassified Debt service: Principal

418,678 51,407

418,678 58,088

418,678 49,371

-

212,623

8,717

-

48,731

52,988

47,390

5,598

90,000 32,441 300,955

90,000 32,441 338,876

90,000 32,441 299,587

- -

Interest

90,000 30,224 475,211

90,000 30,224 513,455

90,000 30,224 479,520

-

Capital outlay

39,289 503,692 -

Interest

Total Charges to Appropriations

14,405,935

14,703,955

14,200,263

Capital outlay

33,935 751,432

Total Charges to Appropriations

15,453,985

15,827,637

15,076,205

Budgetary Fund Balance, June 30

3,086,055 $

2,788,035 $

3,710,895 $

$

922,860

Budgetary Fund Balance, June 30

3,174,475 $

2,800,822 $

3,910,993 $

1,110,171 $

Utilization of assigned fund balance Utilization of unassigned fund balance

$

-

$

261,020 484,495 745,515 $

$

- - -

(261,020) $

Utilization of unassigned fund balance

$

536,420

447,495 447,495 $

910,072

-

(910,072) $

(484,495)

$

$

$

(745,515) $

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

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