2018 05 Treas Rept May

WEST SHORE PARK CORPORATION
TREASURER’S REPORT
CURRENT PERIOD    05/01/18–05/31/18
   YEAR TO DATE      04/01/18–05/31/18
RECONCILIATION
Beginning of year $379,062.81
  + Receipts $100,724.29
  – Disbursements $76,965.27
= Ending balance $402,821.83
ENDING BALANCES
  Water* $95,907.00
  *includes tank fund $82493.93
  General $11,979.49
  Beach/Park** $18,085.59
   **includes $6000 shoreline fund
  Emergency – Water*** $266,720.24
   ***includes $190,409.33 tank fund
  Emergency – General $10,129.51
       TOTAL $402,821.83
BANK ACCOUNTS
  Checking $155,224.58
  Savings
  CD/Save emergency water $247,597.25
      TOTAL $402,821.83
UNCOLLECTED
$37,211.56
  Grant will pay in 2018 $6,784 of uncollected
RECEIPTS
THIS PERIOD YTD TOTAL
Residents $38,075.00 $97,808.48
Interest-Regular funds $2.87 $6.48
Interest-Emergency funds $62.51 $137.33
West Shoreland $2,772.00 $2,772.00
Hook-up/bond  fees $0.00 $0.00
Refunds/Reimburse $0.00 $0.00
  TOTAL $40,912.38 $100,724.29
DISBURSEMENTS
THIS PERIOD YTD TOTAL BUDGET
Operating Expenses:
Com Ed $503.04 $1,148.21 $10,000.00
Well operator $1,350.00 $2,700.00 $20,000.00
Well/water maintenance $60.17 $120.27 $1,000.00
Water sample testing $2,060.23 $2,116.48 $1,950.00
Well repair/upgrade $0.00 $0.00 $0.00
Water line repair $3,250.00 $3,250.00 $14,000.00
Water line replace $0.00 $0.00 $0.00
Insurance-property/machinery $0.00 $0.00 $2,300.00
$0.00 $0.00
Supplies/postage/web/misc $97.88 $97.88 $1,000.00
Printing $0.00 $0.00 $200.00
Legal fees $0.00 $136.00 $4,000.00
Insurance-liability general $0.00 $0.00 $550.00
Insurance-officer/director $0.00 $0.00 $550.00
Insurance-fidelity bond $0.00 $0.00 $200.00
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
Misc – General $0.00 $0.00 $1,500.00
Miller Park & Channel edges $0.00 $0.00 $4,000.00
Block I Beach $539.25 $539.25 $5,600.00
Block II Beach $0.00 $0.00 $5,630.00
Insurance-liability beach/prk $0.00 $0.00 $1,525.00
Refund $0.00 $0.00 $0.00
Total operating expenses $7,860.57 $10,108.09 $74,135.00
Add to Reserves:
Shoreline Restoration Fund $0.00 $0.00 $0.00
Water Tank Replace Fund $0.00 $0.00 $75,000.00
Water Tank Project
Payments from tank fund $4,725.38 $66,857.18 $405,700.00
Grand Total 
$12,585.95 $76,965.27