2016 05 Treas Rept May

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD   05/01/16–05/31/16
   YEAR TO DATE     04/01/16–05/31/16
RECONCILIATION
Beginning of year $255,949.84
+ Receipts $118,408.67
– Disbursements $8,452.68
= Ending balance $365,905.83
ENDING BALANCES
Water $98,126.53
General $8,368.99
Beach/Park* $13,133.61
   *includes $6000 shoreline fund
Emergency – Water** $236,151.65
   **includes $164258 tank replacement fund
Emergency – General $10,123.50
Emergency – Beach/Park $1.55
       TOTAL $365,905.83
BANK ACCOUNTS
Checking $199,315.33
Savings
CD/savings – emerg water $166,590.50
     TOTAL $365,905.83
UNCOLLECTED $40,193.97
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $45,484.50 $116,029.50
Interest-Regular funds $0.86 $0.86
Interest-Emergency funds $22.31 $22.31
West Shoreland $2,356.00 $2,356.00
Hook-up/bond fees $0.00 $0.00
Refunds/Reimburse $0.00 $0.00
Transfer $0.00 $0.00
TOTAL $47,863.67 $118,408.67
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $624.32 $1,065.47 $10,000.00
Well operator $1,350.00 $2,700.00 $20,000.00
Well maintenance $42.12 $84.23 $1,504.00
Water sample testing $488.00 $537.75 $1,850.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $0.00 $0.00 $24,500.00
Water tank replace $0.00 $0.00 $0.00
Insurance-property $0.00 $0.00 $1,350.00
Insurance-boiler/machinery $0.00 $0.00 $1,100.00
Supplies/postage/website/misc $10.00 $10.00 $500.00
Printing $0.00 $0.00 $400.00
Legal fees $320.00 $448.00 $2,000.00
Insurance-liability general $0.00 $0.00 $6,050.00
Insurance-officer/director $3,012.00 $3,012.00 $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
Miller Park $11.85 $11.85 $1,430.00
Block I Beach $583.38 $583.38 $3,460.00
Block II Beach $0.00 $0.00 $3,325.00
Insurance-liability beach/prk $0.00 $0.00 $1,475.00
Refund $0.00 $0.00 $0.00
Total operating expenses $6,441.67 $8,452.68 $82,619.00
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 $6,441.67 $8,452.68 $157,619.00