2015 05 Treas Report May

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD    05/01/15–05/31/15
   YEAR TO DATE      04/01/15–05/31/15
   
RECONCILIATION
   
Beginning of year $212,662.96
  + Receipts $105,450.54
  – Disbursements $11,500.69
= Ending balance $306,612.81
ENDING BALANCES
  Water $72,007.12
  General $14,387.18
  Beach/Park* $22,290.17

*includes $6000 shoreline fund

  Emergency – Water** $187,807.29

 **includes $109,333 tank replacement fund

  Emergency – General $10,119.50
  Emergency – Beach/Park $1.55
       TOTAL $306,612.81
BANK ACCOUNTS
  Checking $140,272.00
  Savings  
  CD/savings – emerg water $166,340.81
      TOTAL $306,612.81
UNCOLLECTED $18,843.00
RECEIPTS    
  THIS PERIOD YTD TOTAL
Residents $45,846.00 $99,538.00
Interest-Regular funds $1.03 $1.03
Interest-Emergency funds $1.00 $21.51
West Shoreland $0.00 $5,890.00
Hook-up/bond  fees $0.00 $0.00
Refunds/Reimburse $0.00 $0.00
Transfer $0.00 $0.00
  TOTAL $45,848.03 $105,450.54
DISBURSEMENTS
  THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $472.53 $1,058.70 $10,000.00
Well operator $1,440.00 $3,274.16 $19,500.00
Well maintenance $41.26 $82.54 $3,020.00
Water sample testing $1,981.16 $2,030.91 $1,850.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $0.00 $0.00 $17,000.00 *
Water tank replace $0.00 $0.00 $16,900.00
Insurance-property $0.00 $0.00 $1,250.00
Insurance-boiler/machinery $0.00 $0.00 $1,150.00
Supplies/postage/website/misc $0.00 $0.00 $500.00
Printing $0.00 $0.00 $400.00
Legal fees $0.00 $67.50 $2,000.00
Insurance-liability general $0.00 $0.00 $6,050.00
Insurance-officer/director $0.00 $0.00 $3,000.00
Insurance-fidelity bond $0.00 $0.00 $500.00
Title Ins & Survey $0.00 $0.00 $0.00
SecState/Recorder $0.00 $0.00 $100.00
Audit of books $0.00 $0.00 $0.00
Room/Equip Rental $0.00 $0.00 $75.00
Tree trim/remove $0.00 $0.00 $2,500.00 **
Miller Park $0.00 $0.00 $630.00
Block I Beach $675.88 $675.88 $2,580.00
Block II Beach $4,311.00 $4,311.00 $16,480.00
Insurance-liability beach/prk $0.00 $0.00 $1,475.00
Refund $0.00 $0.00 $0.00
Total operating expenses $8,921.83 $11,500.69 $106,960.00
Add to Reserves:
Shoreline Restoration Fund $0.00 $0.00 $0.00
Water Tank Replace Fund $0.00 $0.00 $43,433.00
Grand Total  $8,921.83 $11,500.69 $150,393.00
 
* Budget includes $5000 W.S.Dr. valve repair if enough $ carryover 3/31/15, but there was not enough $
** Budget includes $500 repayment to Beach/park emer fund for last year overspending of tree work