2016 02 Treas Rept Feb

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD   02/01/16–02/29/16
   YEAR TO DATE     04/01/15–02/29/16
RECONCILIATION
Beginning of year $212,662.96
+ Receipts $124,293.05
– Disbursements $78,319.96
= Ending balance $258,636.05
ENDING BALANCES
Water $6,365.35
General $4,686.68
Beach/Park* $6,014.18
   *includes $6000 shoreline fund
Emergency – Water** $231,445.78
   **includes $152766 tank replacement fund
Emergency – General $10,122.51
Emergency – Beach/Park $1.55
       TOTAL $258,636.05
BANK ACCOUNTS
Checking $92,107.84
Savings
CD/savings – emerg water $166,528.21
     TOTAL $258,636.05
UNCOLLECTED $3,418.47
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $102.00 $118,156.50
Interest-Regular funds $0.78 $16.54
Interest-Emergency funds $22.22 $230.01
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 $125.00 $124,293.05
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $559.97 $6,124.24 $10,000.00
Well operator $1,372.27 $16,602.18 $19,500.00
Well maintenance $42.14 $460.16 $3,020.00
Water sample testing $49.75 $2,478.66 $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 $0.00 $95.46 $500.00
Printing $100.15 $120.15 $400.00
Legal fees $96.00 $2,049.41 $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 $881.00 $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 $3,101.28 $78,319.96 $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 $3,101.28 $78,319.96 $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