2016 03 Treas Rept March

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD   03/01/16–03/31/16
   YEAR TO DATE     04/01/15–03/31/16
RECONCILIATION
Beginning of year $212,662.96
+ Receipts $124,596.79
– Disbursements $81,309.91
= Ending balance $255,949.84
ENDING BALANCES
Water $0.00
General $3,680.83
Beach/Park* $6,014.62
   *includes $6000 shoreline fund
Emergency – Water** $236,129.65
   **includes $164258 tank replacement fund
Emergency – General $10,123.19
Emergency – Beach/Park $1.55
       TOTAL $255,949.84
BANK ACCOUNTS
Checking $89,379.19
Savings
CD/savings – emerg water $166,570.65
     TOTAL $255,949.84
UNCOLLECTED $12.47
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $255.00 $118,411.50
Interest-Regular funds $1.20 $17.74
Interest-Emergency funds $47.54 $277.55
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 $303.74 $124,596.79
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $541.91 $6,666.15 $10,000.00
Well operator $1,350.00 $17,952.18 $19,500.00
Well maintenance $42.14 $502.30 $3,020.00
Water sample testing $49.75 $2,528.41 $1,850.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $0.00 $9,250.00 $17,000.00 *
Water tank replace $0.00 $5,408.00 $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 $53.15 $148.61 $500.00
Printing $0.00 $120.15 $400.00
Legal fees $953.00 $3,002.41 $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 $0.00 $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 $0.00 $63.00 $75.00
Tree trim/remove $0.00 $800.00 $2,500.00 **
Miller Park $0.00 $1,140.00 $630.00
Block I Beach $0.00 $2,508.70 $2,580.00
Block II Beach $0.00 $17,861.00 $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 $2,989.95 $81,309.91 $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 $2,989.95 $81,309.91 $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