2016 01 Treas Rept Jan

                         WEST SHORE PARK CORPORATION
                                       TREASURER’S REPORT
                                     CURR PERIOD   01/01/16–01/31/16
                                     YEAR TO DATE 04/01/15–01/31/16
RECONCILIATION
1 Beginning of year $212,662.96
2 plus Receipts $124,168.05
3 minus Disbursements $75,218.68
4 equals Ending balance $261,612.33 ◄
ENDING BALANCES
5 Water $8,287.11
6 General $4,882.67
7 Beach/Park (Note #2) $6,894.93
8 Emergency – Water (Note #1) $231,423.88
9 Emergency – General $10,122.19
10 Emergency – Beach/Park $1.55
       TOTAL $261,612.33 ◄
Notes:
11 #1 Includes Tank replacement fund $152,766
12 #2 Includes Seawall repair $6,000
BANK ACCOUNTS
13 Checking $95,103.96
14 Savings
15 CD/Savings – emergency water $166,508.37
16      TOTAL $261,612.33 ◄
17 UNCOLLECTED $3,520.47 Proposed   Dues
4/1/2016
Comm well $875
RECEIPTS This Year- To- water $783
Period Date general $54
18 Residents $127.50 $118,054.50 beach/park   $38
19 Interest-Regular $1.04 $15.76
20 Interest-Emergency $23.76 $207.79 Own well $92
21 West Shoreland $0.00 $5,890.00    general $54
22 Hook-up/bond fees $0.00 $0.00    beach/park $38
23 Refunds/Reimburse $0.00 $0.00
24 Transfer $0.00 $0.00 W Shoreland $38
25 TOTAL $152.30 $124,168.05
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DISBURSEMENTS This Year- To- Current Proposed
Period Date Budget 2016
Operating Expenses: Budget
             water 40 Com Ed $741.80 $5,564.27 $10,000.00 $10,000.00 40
41 Well operator $1,342.00 $15,229.91 $19,500.00 $20,000.00 41
42 Well maintenance $42.21 $418.02 $3,020.00 $1,504.00 42
43 Water sample testing $49.75 $2,428.91 $1,850.00 $1,850.00 43
44 Well repair/upgrade $0.00 $0.00 $0.00 $0.00 44
45 Water line repair $0.00 $9,250.00 $17,000.00 $24,500.00 45
46 Water tank replace – design/bid** $5,408.00 $5,408.00 $16,900.00 $0.00 46
47 Insurance-property $0.00 $1,336.00 $1,250.00 $1,350.00 47
48 Insurance-boiler/machinery $0.00 $1,076.00 $1,150.00 $1,100.00 48
               general 49 Supplies/postage/website/misc $0.00 $95.46 $500.00 $500.00 49
50 Printing $0.00 $20.00 $400.00 $400.00 50
51 Legal fees $0.00 $1,953.41 $2,000.00 $2,000.00 51
52 Insurance-liability general $0.00 $6,037.00 $6,050.00 $6,050.00 52
53 Insurance-officer/director $0.00 $2,983.00 $3,000.00 $3,000.00 53
54 Insurance-fidelity bond $0.00 $464.00 $500.00 $500.00 54
55 Title Ins & Survey $0.00 $0.00 $0.00 $0.00 55
56 SecState/Recorder $0.00 $15.00 $100.00 $100.00 56
57 Audit of books $0.00 $0.00 $0.00 $0.00 57
58 Room/Equip Rental $0.00 $63.00 $75.00 $75.00 58
beach/park 59 Tree trim/remove $800.00 $800.00 $2,500.00 $0.00 59
60 Miller Park $225.00 $1,140.00 $630.00 $1,430.00 60
61 Block I Beach $135.00 $2,508.70 $2,580.00 $3,460.00 61
62 Block II Beach $0.00 $16,980.00 $16,480.00 $3,325.00 62
63 Insurance-liability beach/prk $0.00 $1,448.00 $1,475.00 $1,475.00 63
64   Total operating expenses $8,743.76 $75,218.68 $106,960.00 $82,619.00 64
funds 65 Add to reserves: 65
66 Shoreline Restoration Fund $0.00 $0.00 $0.00 $0.00 66
67 Water Tank Replace Fund ** $0.00 $0.00 $43,433.00 $75,000.00 67
68 FINAL TOTAL $8,743.76 $75,218.68 $150,393.00 $157,619.00 68
** Line 67 plus line 46 of Current Budget equals annual planned tank replace funding of $60333
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