2017 06 Treas Rept June

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD    06/01/17–06/30/17
   YEAR TO DATE      04/01/17–06/30./17
RECONCILIATION
Beginning of year $373,159.92
  + Receipts $135,045.14
  – Disbursements $36,945.46
= Ending balance $471,259.60
ENDING BALANCES
  Water $101,624.40
  General $11,141.69
  Beach/Park* $22,304.02
   *includes $6000 shoreline fund
  Emergency – Water** $316,059.23
   **includes $239258 tank replacement fund
  Emergency – General $10,126.74
  Watermain escrow $10,003.52
       TOTAL $471,259.60
BANK ACCOUNTS
  Checking $214,280.91
  Savings
  CD/Save/Escrow emer water $256,978.69
      TOTAL $471,259.60
UNCOLLECTED $17,281.75
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $24,595.75 $124,163.25
Interest-Regular funds $2.96 $4.28
Interest-Emergency funds $25.21 $83.61
West Shoreland $0.00 $0.00
Hook-up/bond  fees $0.00 $0.00
Refunds/Reimburse $10,794.00 $10,794.00
Watermain escrow $0.00 $0.00
  TOTAL $35,417.92 $135,045.14
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $562.12 $1,375.36 $10,000.00
Well operator $1,360.13 $4,108.79 $20,000.00
Well/water maintenance $0.00 $82.56 $1,000.00
Water sample testing $55.00 $1,130.59 $1,850.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $8,750.00 $8,750.00 $12,000.00
Water tank replace $4,901.00 $6,422.00 $0.00
Insurance-property $0.00 $0.00 $1,350.00
Insurance-boiler/machinery $0.00 $0.00 $1,300.00
Supplies/postage/web/misc $0.00 $0.00 $500.00
Printing $0.00 $0.00 $200.00
Legal fees $0.00 $330.00 $2,000.00
Insurance-liability general $0.00 $0.00 $6,050.00
Insurance-officer/director $3,037.00 $3,037.00 $3,100.00
Insurance-fidelity bond $0.00 $0.00 $500.00
Title Ins & Survey $0.00 $0.00 $0.00
SecState/Recorder $0.00 $0.00 $50.00
Audit of books $0.00 $0.00 $0.00
Room/Equip Rental $0.00 $0.00 $80.00
Miller Park & Channel edges $0.00 $0.00 $3,000.00
Block I Beach $572.97 $572.97 $7,700.00
Block II Beach $342.19 $342.19 $5,830.00
Insurance-liability beach/prk $0.00 $0.00 $1,475.00
Refund $10,794.00 $10,794.00 $0.00
Total operating expenses $30,374.41 $36,945.46 $77,985.00
Add to Reserves:
Shoreline Restoration Fund $0.00 $0.00 $0.00
Water Tank Replace Fund $0.00 $0.00 $75,000.00
Grand Total $30,374.41 $36,945.46 $152,985.00
Water tank project – from tank fund $367,000.00