2017 08 Treas Rept

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD    08/01/17–08/31/17
   YEAR TO DATE      04/01/17–08/31/17
RECONCILIATION
Beginning of year $373,159.92
  + Receipts $144,899.87
  – Disbursements $50,348.45
= Ending balance $467,711.34
ENDING BALANCES
  Water $102,680.87
  General $11,344.23
  Beach/Park* $17,395.57
   *includes $6000 shoreline fund
  Emergency – Water** $316,159.07
   **includes $239258 tank replacement fund
  Emergency – General $10,127.25
  Watermain escrow $10,004.35
       TOTAL $467,711.34
BANK ACCOUNTS
  Checking $210,635.43
  Savings
  CD/Save/Escrow emer water $257,075.91
      TOTAL $467,711.34
UNCOLLECTED $7,535.06
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $3,814.75 $133,909.94
Interest-Regular funds $3.44 $11.14
Interest-Emergency funds $78.26 $184.79
West Shoreland $0.00 $0.00
Hook-up/bond  fees $0.00 $0.00
Refunds/Reimburse $0.00 $10,794.00
Watermain escrow $0.00 $0.00
  TOTAL $3,896.45 $144,899.87
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $959.16 $2,819.29 $10,000.00
Well operator $1,600.00 $7,308.79 $20,000.00
Well/water maintenance $43.60 $211.76 $1,000.00
Water sample testing $56.25 $1,241.84 $1,850.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $0.00 $8,750.00 $12,000.00
Water tank replace $0.00 $8,957.00 $0.00
Insurance-property $0.00 $0.00 $1,350.00
Insurance-boiler/machinery $0.00 $0.00 $1,300.00
Supplies/postage/web/misc $50.57 $50.57 $500.00
Printing $418.50 $418.50 $200.00
Legal fees $0.00 $330.00 $2,000.00
Insurance-liability general $0.00 $0.00 $6,050.00
Insurance-officer/director $0.00 $3,037.00 $3,100.00
Insurance-fidelity bond $0.00 $0.00 $500.00
Title Ins & Survey $0.00 $0.00 $0.00
SecState/Recorder $0.00 $0.00 $50.00
Audit of books $0.00 $0.00 $0.00
Room/Equip Rental $0.00 $0.00 $80.00
Miller Park & Channel edges $0.00 $0.00 $3,000.00
Block I Beach $4,000.00 $5,695.42 $7,700.00
Block II Beach $392.09 $734.28 $5,830.00
Insurance-liability beach/prk $0.00 $0.00 $1,475.00
Refund $0.00 $10,794.00 $0.00
Total operating expenses $7,520.17 $50,348.45 $77,985.00
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 $7,520.17 $50,348.45 $152,985.00
Water tank project – from tank fund $367,000.00