2016 12 Treas Rept Dec

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD    12/01/16–12/31/16
   YEAR TO DATE      04/01/16–12/31/16
RECONCILIATION
Beginning of year $255,949.84
  + Receipts $172,443.76
  – Disbursements $51,073.49
= Ending balance $377,320.11
ENDING BALANCES
  Water $27,128.02
  General $4,072.53
  Beach/Park* $10,142.88
   *includes $6000 shoreline fund
  Emergency – Water** $315,848.85
   **includes $239258 tank replacement fund
  Emergency – General $10,125.24
  Emergency – Beach/Park $1.55
  Watermain escrow $10,001.04
       TOTAL $377,320.11
BANK ACCOUNTS
  Checking $125,543.51
  Savings
  CD/Save/Escrow emer water $251,776.60
      TOTAL $377,320.11
UNCOLLECTED $2,856.50
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $700.00 $153,844.70
Interest-Regular funds $1.36 $18.31
Interest-Emergency funds $60.85 $224.12
West Shoreland $0.00 $2,356.00
Hook-up/bond  fees $0.00 $6,000.00
Refunds/Reimburse $0.00 $0.00
Watermain escrow $0.00 $10,000.63
  TOTAL $762.21 $172,443.76
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $674.46 $5,517.00 $10,000.00
Well operator $1,438.00 $14,216.87 $20,000.00
Well/water maintenance $85.58 $561.26 $1,504.00
Water sample testing $55.00 $912.25 $1,850.00
Well repair/upgrade $0.00 $4,800.00 $0.00
Water line repair $2,800.00 $6,650.00 $24,500.00
Water tank replace $0.00 $0.00 $0.00
Insurance-property $0.00 $1,314.00 $1,350.00
Insurance-boiler/machinery $0.00 $1,209.00 $1,100.00
Supplies/postage/web/misc $0.00 $51.80 $500.00
Printing $0.00 $0.00 $400.00
Legal fees $0.00 $994.73 $2,000.00
Insurance-liability general $0.00 $6,037.00 $6,050.00
Insurance-officer/director $0.00 $3,012.00 $3,000.00
Insurance-fidelity bond $0.00 $464.00 $500.00
Title Ins & Survey $0.00 $0.00 $0.00
SecState/Recorder $0.00 $10.00 $100.00
Audit of books $0.00 $0.00 $0.00
Room/Equip Rental $63.00 $63.00 $75.00
Miller Park & Channel edges $435.00 $806.85 $1,430.00
Block I Beach $450.00 $1,867.18 $3,460.00
Block II Beach $900.00 $1,138.55 $3,325.00
Insurance-liability beach/prk $0.00 $1,448.00 $1,475.00
Refund $0.00 $0.00 $0.00
Total operating expenses $6,901.04 $51,073.49 $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 $6,901.04 $51,073.49 $157,619.00