2015 12 Treas Rept Dec

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD   12/01/15–12/31/15
   YEAR TO DATE     04/01/15–12/31/15
RECONCILIATION
Beginning of year $212,662.96
+ Receipts $124,015.75
– Disbursements $66,474.92
= Ending balance $270,203.79
ENDING BALANCES
Water $15,742.79
General $4,882.48
Beach/Park* $8,054.66
   *includes $6000 shoreline fund
Emergency – Water** $231,400.46
   **includes $152766 tank replacement fund
Emergency – General $10,121.85
Emergency – Beach/Park $1.55
       TOTAL $270,203.79
BANK ACCOUNTS
Checking $103,716.63
Savings
CD/savings – emerg water $166,487.16
     TOTAL $270,203.79
UNCOLLECTED $3,647.97
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $1,289.00 $117,927.00
Interest-Regular funds $1.42 $14.72
Interest-Emergency funds $23.76 $184.03
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 $1,314.18 $124,015.75
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $529.15 $4,822.47 $10,000.00
Well operator $1,651.54 $13,887.91 $19,500.00
Well maintenance $41.92 $375.81 $3,020.00
Water sample testing $49.75 $2,379.16 $1,850.00
Well repair/upgrade ($550.00) $0.00 $0.00
Water line repair $550.00 $9,250.00 $17,000.00 *
Water tank replace $0.00 $0.00 $16,900.00
Insurance-property $0.00 $1,336.00 $1,250.00
Insurance-boiler/machinery $0.00 $1,076.00 $1,150.00
Supplies/postage/website/misc $0.00 $95.46 $500.00
Printing $20.00 $20.00 $400.00
Legal fees $324.00 $1,953.41 $2,000.00
Insurance-liability general $0.00 $6,037.00 $6,050.00
Insurance-officer/director $0.00 $2,983.00 $3,000.00
Insurance-fidelity bond $464.00 $464.00 $500.00
Title Ins & Survey $0.00 $0.00 $0.00
SecState/Recorder $0.00 $15.00 $100.00
Audit of books $0.00 $0.00 $0.00
Room/Equip Rental $63.00 $63.00 $75.00
Tree trim/remove $0.00 $0.00 $2,500.00 **
Miller Park $0.00 $915.00 $630.00
Block I Beach $0.00 $2,373.70 $2,580.00
Block II Beach $0.00 $16,980.00 $16,480.00
Insurance-liability beach/prk $0.00 $1,448.00 $1,475.00
Refund $0.00 $0.00 $0.00
Total operating expenses $3,143.36 $66,474.92 $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 $3,143.36 $66,474.92 $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