2015 07 Treas Rept July

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD    07/01/15–07/31/15
   YEAR TO DATE      04/01/15–07/31/15
   
RECONCILIATION
   
Beginning of year $212,662.96
  + Receipts $117,185.91
  – Disbursements $33,475.27
= Ending balance $296,373.60
ENDING BALANCES
  Water $30,446.67
  General $11,751.55
  Beach/Park* $12,768.73
*includes $6000 shoreline fund
  Emergency – Water** $231,284.93
   **includes $152766 tank replacement fund
  Emergency – General $10,120.17
  Emergency – Beach/Park $1.55
       TOTAL $296,373.60
BANK ACCOUNTS
  Checking $129,991.09
  Savings  
  CD/savings – emerg water $166,382.51
      TOTAL $296,373.60
UNCOLLECTED $9,235.00
RECEIPTS    
  THIS PERIOD YTD TOTAL
Residents $1,757.00 $111,223.00
Interest-Regular funds $2.23 $6.09
Interest-Emergency funds $24.50 $66.82
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 $1,783.73 $117,185.91
DISBURSEMENTS
  THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $528.73 $2,012.15 $10,000.00
Well operator $1,440.00 $6,172.84 $19,500.00
Well maintenance $42.43 $166.21 $3,020.00
Water sample testing $49.75 $2,130.41 $1,850.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $3,200.00 $3,200.00 $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 $95.46 $500.00
Printing $0.00 $0.00 $400.00
Legal fees $0.00 $495.50 $2,000.00
Insurance-liability general $0.00 $0.00 $6,050.00
Insurance-officer/director $0.00 $2,983.00 $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 $8.12 $1,308.70 $2,580.00
Block II Beach $7,000.00 $14,911.00 $16,480.00
Insurance-liability beach/prk $0.00 $0.00 $1,475.00
Refund $0.00 $0.00 $0.00
Total operating expenses $12,269.03 $33,475.27 $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  $12,269.03 $33,475.27 $150,393.00
 
* Budget includes $5000 W. Sh. Dr. valve repair if enough $ carry over 3/31/15, but there was not enough $
** Budget includes $500 repayment to Beach/park emer fund for last year overspending of tree work