all numbers in this report have been rounded to … › media › 83 › media › 37998.pdfbudget...

48
All Numbers in This Report Have Been Rounded To The Nearest Dollar ************************************************************************************************************************************* ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL LAW: 1. ***Every Municipal Corporation *** shall annually make a report of its financial condition to the Comptroller. Such report shall be made by the Chief Fiscal Officer of such Municipal Corporation *** 5. All reports shall be certified by the officer making the same and shall be filed with the Comptroller *** It shall be the duty of the incumbent officer at the time such reports are required to be filed with the Comptroller to file such report *** AUTHORIZATION ANNUAL FINANCIAL REPORT For The TOWN of Clifton County of St. Lawrence UPDATE DOCUMENT For the Fiscal Year Ended 12/31/2014 State of NEW YORK Office of The State Comptroller Division of Local Government and School Accountability Albany, New York 12236 Page 1

Upload: others

Post on 07-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

All Numbers in This ReportHave Been Rounded To The Nearest Dollar

*************************************************************************************************************************************

ARTICLE 3, SECTION 30 of the GENERAL MUNICPAL LAW:

1. ***Every Municipal Corporation *** shall annually make a report of its financial condition to the Comptroller. Such report shall be made by the Chief Fiscal Officer of such Municipal Corporation ***

5. All reports shall be certified by the officer making the same and shall be filed with the Comptroller *** It shall be the duty of the incumbent officer at the time such reports are required to be filed with the Comptroller to file such report ***

AUTHORIZATION

ANNUAL FINANCIAL REPORT

For The

TOWN of Clifton

County of St. Lawrence

UPDATE DOCUMENT

For the Fiscal Year Ended 12/31/2014

State of NEW YORKOffice of The State Comptroller

Division of Local Government and School AccountabilityAlbany, New York 12236

Page 1

Page 2: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

TOWN OF Clifton

Financial Information for the following funds and account groups are included in the Annual Financial Report filed byyour government for the fiscal year ended 2013 and has been used by the OSC as the basis for preparing this update document for the fiscal year ended 2014:

*** FINANCIAL SECTION ***

(A) GENERAL(DA) HIGHWAY-TOWN-WIDE(H) CAPITAL PROJECTS(K) GENERAL FIXED ASSETS(SS) SEWER(SW) WATER(W) GENERAL LONG-TERM DEBT

All amounts included in this update document for 2013 represent data filed by your government with OSC as reviewed and adjusted where necessary.

All numbers in this report will be rounded to the nearest dollar.

*** SUPPLEMENTAL SECTION ***

The Supplemental Section includes the following sections:

7) Schedule of Other Post Employment Benefits (OPEB)6) Schedule of Energy Costs and Consumption5) Schedule of Employee and Retiree Benefits4) Local Government Questionnaire3) Bank Reconciliation2) Schedule of Time Deposits and Investments1) Statement of Indebtedness

Page 2

Page 3: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(A) GENERAL

Balance Sheet

Assets

Cash 10,410 A200 41,283

Cash In Time Deposits 1 A201 128

Petty Cash 150 A210 150

TOTAL Cash 10,561 41,561Due From Other Funds 144,619 A391 4,500

TOTAL Due From Other Funds 144,619 4,500Due From Other Governments 40,974 A440

TOTAL Due From Other Governments 40,974 0

TOTAL Assets and Deferred Outflows of Resources 196,153 46,062

OSC Municipality Code 400317300000Page 3

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 4: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(A) GENERAL

2013 EdpCode 2014Code Description

Balance Sheet

A600Accounts Payable 145,054

TOTAL Accounts Payable 0145,054A620Tax Anticipation Notes Payable 30,000

TOTAL Notes Payable 030,000A690Overpayments & Clearing Account 12,188

TOTAL Other Liabilities 012,188A630Due To Other Funds

TOTAL Due To Other Funds 00A631Due To Other Governments 8,780

TOTAL Due To Other Governments 08,780

196,021 0TOTAL Liabilities

Fund BalanceA917Unassigned Fund Balance 46,062132

TOTAL Unassigned Fund Balance 46,062132

132 46,062TOTAL Fund Balance

196,153 46,062TOTAL Liabilities, Deferred Inflows And Fund Balance

OSC Municipality Code 400317300000Page 4

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 5: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(A) GENERAL

Code Description 2013 EdpCode 2014

Revenues

A1001 480,224414,367Real Property Taxes

TOTAL Real Property Taxes 414,367 480,224

A10818,455Other Payments In Lieu of Taxes

A1089 1,959Other Tax ItemsAdditional Description County Surcharge

A1090 4,6718,263Interest & Penalties On Real Prop Taxes

TOTAL Real Property Tax Items 16,718 6,629

A11209,643Non Prop Tax Dist By County

TOTAL Non Property Tax Items 9,643 0

A1255 543722Clerk Fees

A1289 3,8561,689Other General Departmental Income

A1603 80160Vital Statistics Fees

A211510Planning Board Fees

TOTAL Departmental Income 2,581 4,478

A2210General Services, Inter Government

TOTAL Intergovernmental Charges 0 0

A2401 20160Interest And Earnings

A2410 6,0868,791Rental of Real Property

TOTAL Use of Money And Property 8,851 6,287

A2530 1010Games of Chance

A2544 402500Dog Licenses

A2555 483775Building And Alteration Permits

TOTAL Licenses And Permits 1,284 895

A2610 16,93810,336Fines And Forfeited Bail

TOTAL Fines And Forfeitures 10,336 16,938

A26512,843Sales of Refuse For Recycling

A2652 25,769Sales of Forest Products

A2655 48066Sales, Other

TOTAL Sale of Property And Compensation For Loss 2,909 26,250

A2701 15720,794Refunds of Prior Year's Expenditures

A2705 865780Gifts And Donations

TOTAL Miscellaneous Local Sources 21,574 1,022

A3001 15,568St Aid, Revenue Sharing

A3005 8,6943,988St Aid, Mortgage Tax

A3820 418550St Aid, Youth Programs

A391015,568St Aid, Conservation Programs

TOTAL State Aid 20,106 24,680

TOTAL Revenues 508,368 567,403

TOTAL Detail Revenues And Other Sources 508,368 567,403

Page 5 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 6: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(A) GENERAL

Code Description 2013 EdpCode 2014

Expenditures

A10101 10,41510,415Legislative Board, Pers Serv

A10104 60490Legislative Board, Contr Expend

TOTAL Legislative Board 10,505 11,019

A11101 8,4008,400Municipal Court, Pers Serv

A11102 831945Municipal Court, Equip & Cap Outlay

A11104 154147Municipal Court, Contr Expend

TOTAL Municipal Court 9,492 9,385

A12201 46,84043,401Supervisor,pers Serv

A12202 998971Supervisor,equip & Cap Outlay

A12204 1,508576Supervisor,contr Expend

TOTAL Supervisor 44,948 49,346

A13301 3,3143,987Tax Collection,pers Serv

A13302 429319Tax Collection,equip & Cap Outlay

A13304 407544Tax Collection,contr Expend

TOTAL Tax Collection 4,849 4,149

A13401 650620Budget, Pers Serv

TOTAL Budget 620 650

A13551 9,1409,140Assessment, Pers Serv

A13552 50098Assessment, Equip & Cap Outlay

A13554 858792Assessment, Contr Expend

TOTAL Assessment 10,030 10,498

A14101 22,95122,053Clerk,pers Serv

A14102 835307Clerk,equip & Cap Outlay

A14104 2,226666Clerk,contr Expend

TOTAL Clerk 23,025 26,011

A14201 2,6674,200Law, Pers Serv

A14204 3,193450Law, Contr Expend

TOTAL Law 4,650 5,859

A14804 5,0945,186Public Inform & Services, Contr Expend

TOTAL Public Inform & Services 5,186 5,094

A16201 4,8004,800Buildings, Pers Serv

A16202 5,916555Buildings, Equip & Cap Outlay

A16204 13,75012,089Buildings, Contr Expend

TOTAL Buildings 17,444 24,466

A16504 3,7263,373Central Comm System, Contr Expend

TOTAL Central Comm System 3,373 3,726

A16704 8791,509Central Print & Mail,contr Expend

TOTAL Central Print & Mail 1,509 879

A16804 10,4357,668Central Data Process, Contr Expend

TOTAL Central Data Process 7,668 10,435

A19104 24,55722,301Unallocated Insurance, Contr Expend

TOTAL Unallocated Insurance 22,301 24,557

A19204 2,4002,214Municipal Assn Dues, Contr Expend

TOTAL Municipal Assn Dues 2,214 2,400

TOTAL General Government Support 167,815 188,476

Page 6 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 7: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(A) GENERAL

Code Description 2013 EdpCode 2014

Expenditures

A30101 1,2501,000Public Safety Admin, Pers Serv

TOTAL Public Safety Admin 1,000 1,250

A33102 20264Traffic Control, Equip & Cap Outlay

TOTAL Traffic Control 264 20

A35101 3,1793,815Control of Animals, Pers Serv

A35104 2,0133,529Control of Animals, Contr Expend

TOTAL Control of Animals 7,344 5,192

TOTAL Public Safety 8,607 6,462

A40204 416400Registrar of Vital Stat Contr Expend

TOTAL Registrar of Vital Stat Contr Expend 400 416

A40681 9,9059,239Insect Control, Pers Serv

A40682800Insect Control, Equip&cap Outlay

A40684 3,3951,756Insect Control, Contr Expend

TOTAL Insect Control 11,795 13,299

A45254100,000Joint Hospital, Contr Expend

TOTAL Joint Hospital 100,000 0

A45404 500500Ambulance, Contr Expend

TOTAL Ambulance 500 500

TOTAL Health 112,695 14,215

A50101 49,30048,800Street Admin, Pers Serv

A50104 607615Street Admin, Contr Expend

TOTAL Street Admin 49,415 49,907

A51322 3,675798Garage, Equip & Cap Outlay

A51324 21,57611,991Garage, Contr Expend

TOTAL Garage 12,790 25,251

A51824 27,40926,975Street Lighting, Contr Expend

TOTAL Street Lighting 26,975 27,409

TOTAL Transportation 89,180 102,568

A64104 640602Publicity, Contr Expend

TOTAL Publicity 602 640

A65104 500500Veterans Service, Contr Expend

TOTAL Veterans Service 500 500

A69894 4,6711,500Other Eco & Dev, Contr Expend

TOTAL Other Eco & Dev 1,500 4,671

TOTAL Economic Assistance And Opportunity 2,602 5,811

A71454 7,5007,500Joint Rec Proj, Contr Expend

TOTAL Joint Rec Proj 7,500 7,500

A73101 9,4529,349Youth Prog, Pers Serv

A73102 269581Youth Prog, Equip & Cap Outlay

A73104 1,0401,120Youth Prog, Contr Expend

TOTAL Youth Prog 11,050 10,761

A73204 4184,900Joint Youth Prog, Contr Expend

TOTAL Joint Youth Prog 4,900 418

A74101 26,57720,620Library, Pers Serv

Page 7 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 8: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(A) GENERAL

Code Description 2013 EdpCode 2014

Expenditures

A74102 8,0007,380Library, Equip & Cap Outlay

TOTAL Library 28,000 34,577

A75104 400400Historian, Contr Expend

TOTAL Historian 400 400

TOTAL Culture And Recreation 51,850 53,656

A80204 198162Planning, Contr Expend

TOTAL Planning 162 198

A85102 3851,724Comm Beautification, Equip & Cap Outlay

TOTAL Comm Beautification 1,724 385

A86641 7,2257,025Code Enforcements, Pers Serv

A86642 3155Code Enforcements, Equip & Cap Outlay

A86644 996278Code Enforcements, Contr Expend

TOTAL Code Enforcements 7,358 8,252

TOTAL Home And Community Services 9,244 8,835

A90108 26,79429,809State Retirement System

A90308 14,17113,779Social Security, Employer Cont

A90508 1,6373,211Unemployment Insurance, Empl Bnfts

A90608 34,69424,252Hospital & Medical (dental) Ins, Empl Bnft

TOTAL Employee Benefits 71,050 77,297

A97606 30,000Debt Principal, Tax Anticipation Notes

TOTAL Debt Principal 0 30,000

A97607 161Debt Interest, Tax Anticipation Notes

TOTAL Debt Interest 0 161

TOTAL Expenditures 513,043 487,482

A99019 30,700Transfers, Other FundsAdditional Description transfers (not loans)

TOTAL Operating Transfers 0 30,700

TOTAL Other Uses 0 30,700

TOTAL Detail Expenditures And Other Uses 513,043 518,182

Page 8 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 9: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(A) GENERAL

Code Description 2013 EdpCode 2014

Analysis of Changes in Fund Balance

Analysis of Changes in Fund Balance

Fund Balance - Beginning of Year 81,194 A8021 132

Prior Period Adj -Decrease In Fund Balance 76,387 A8015 3,291

Restated Fund Balance - Beg of Year 4,807 A8022 -3,160

ADD - REVENUES AND OTHER SOURCES 508,368 567,403

DEDUCT - EXPENDITURES AND OTHER USES 513,043 518,182

Fund Balance - End of Year 132 A8029 46,062

Page 9 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 10: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(A) GENERAL

Budget Summary

EdpCode 20152014

Estimated Revenues

Est Rev - Real Property Taxes 480,224 A1049N 515,152

Est Rev - Real Property Tax Items 5,950 A1099N 10,750

Est Rev - Non Property Tax Items A1199N

Est Rev - Departmental Income 700 A1299N 600

Est Rev - Use of Money And Property 11,215 A2499N 11,215

Est Rev - Licenses And Permits 1,110 A2599N 1,010

Est Rev - Fines And Forfeitures 10,000 A2649N 10,000

Est Rev - Sale of Prop And Comp For Loss 50 A2699N 50

Est Rev - Miscellaneous Local Sources 1,150 A2799N 1,150

Est Rev - State Aid 61,430 A3099N 26,118

571,829 576,045TOTAL Estimated Revenues

571,829 576,045TOTAL Estimated Revenues And Other Sources

OSC Municipality Code 400317300000Page 10

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 11: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(A) GENERAL

Budget Summary

EdpCode 20152014

Appropriations

App - General Government Support 246,869 A1999N 293,774

App - Public Safety 13,040 A3999N 15,515

App - Health 62,589 A4999N 12,599

App - Transportation 100,200 A5999N 103,120

App - Economic Assistance And Opportunity 2,800 A6999N 2,800

App - Culture And Recreation 58,026 A7999N 55,302

App - Home And Community Services 9,175 A8999N 9,585

App - Employee Benefits 79,130 A9199N 72,250

571,829 564,945TOTAL AppropriationsApp - Interfund Transfer A9999N 11,100

0 11,100TOTAL Other Uses

571,829 576,045TOTAL Appropriations And Other Uses

OSC Municipality Code 400317300000Page 11

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 12: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(DA) HIGHWAY-TOWN-WIDE

Balance Sheet

Assets

Cash 1 DA200 1,609

Cash In Time Deposits 0 DA201 20

TOTAL Cash 1 1,629Due From State And Federal GovernmentAdditional Description CHIPS and Winter Recovery

DA410 65,184

TOTAL State And Federal Aid Receivables 0 65,184Due From Other Funds DA391 1,382

TOTAL Due From Other Funds 0 1,382

TOTAL Assets and Deferred Outflows of Resources 1 68,196

OSC Municipality Code 400317300000Page 12

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 13: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(DA) HIGHWAY-TOWN-WIDE

2013 EdpCode 2014Code Description

Balance Sheet

DA600Accounts Payable 14,143109,445

TOTAL Accounts Payable 14,143109,445DA620Tax Anticipation Notes Payable 50,000

TOTAL Notes Payable 50,0000DA630Due To Other Funds

Additional Description Due to General Fund2,000164,180

TOTAL Due To Other Funds 2,000164,180

273,625 66,143TOTAL Liabilities

Fund BalanceDA915Assigned Unappropriated Fund Balance 2,053

TOTAL Assigned Fund Balance 2,0530DA917Unassigned Fund Balance -273,624

TOTAL Unassigned Fund Balance 0-273,624

-273,624 2,053TOTAL Fund Balance

1 68,196TOTAL Liabilities, Deferred Inflows And Fund Balance

OSC Municipality Code 400317300000Page 13

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 14: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(DA) HIGHWAY-TOWN-WIDE

Code Description 2013 EdpCode 2014

Revenues

DA1001 639,894552,510Real Property Taxes

TOTAL Real Property Taxes 552,510 639,894

DA2302 52,97438,838Snow Removal Services-Other Govts

TOTAL Intergovernmental Charges 38,838 52,974

DA2401 2016Interest And Earnings

TOTAL Use of Money And Property 16 20

DA2650 2,014985Sales of Scrap & Excess Materials

DA2665 4,290Sales of Equipment

DA2680 9702,014Insurance Recoveries

TOTAL Sale of Property And Compensation For Loss 2,999 7,274

DA2701364Refunds of Prior Year's Expenditures

TOTAL Miscellaneous Local Sources 364 0

DA350158,386St Aid, Consolidated Highway Aid

TOTAL State Aid 58,386 0

TOTAL Revenues 653,113 700,162

DA5031 21,402Interfund Transfers

TOTAL Interfund Transfers 0 21,402

TOTAL Other Sources 0 21,402

TOTAL Detail Revenues And Other Sources 653,113 721,564

Page 14 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 15: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(DA) HIGHWAY-TOWN-WIDE

Code Description 2013 EdpCode 2014

Expenditures

DA51101 103,58087,631Maint of Streets, Pers Serv

DA51102 21,83920,000Maint of Streets, Equip & Cap Outlay

DA51104 6,22515,192Maint of Streets, Contr Expend

TOTAL Maint of Streets 122,824 131,644

DA51122 2,08476,264Perm Improve Highway, Equip & Cap Outlay

TOTAL Perm Improve Highway 76,264 2,084

DA51302 42,14432,277Machinery, Equip & Cap Outlay

TOTAL Machinery 32,277 42,144

DA514041,250Brush And Weeds, Contr Expend

TOTAL Brush And Weeds 1,250 0

DA51421 170,306187,889Snow Removal, Pers Serv

DA51422 33,71835,618Snow Removal, Equip & Cap Outlay

DA51424 25,41622,069Snow Removal, Contr Expend

TOTAL Snow Removal 245,576 229,441

TOTAL Transportation 478,191 405,312

DA90108 49,08248,185State Retirement, Empl Bnfts

DA90308 20,90820,292Social Security , Empl Bnfts

DA90508 2,3002,204Unemployment Insurance, Empl Bnfts

DA90608 101,784126,363Hospital & Medical (dental) Ins, Empl Bnft

TOTAL Employee Benefits 197,043 174,075

DA97856 41,26855,074Debt Principal, Install PurcH. Debt

TOTAL Debt Principal 55,074 41,268

DA97857 2,05316,140Debt Interest, InstalL. Purch Debt

TOTAL Debt Interest 16,140 2,053

TOTAL Expenditures 746,448 622,708

TOTAL Detail Expenditures And Other Uses 746,448 622,708

Page 15 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 16: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(DA) HIGHWAY-TOWN-WIDE

Code Description 2013 EdpCode 2014

Analysis of Changes in Fund Balance

Analysis of Changes in Fund Balance

Fund Balance - Beginning of Year -98,188 DA8021 -273,625

Prior Period Adj -Increase In Fund Balance DA8012 176,821

Prior Period Adj -Decrease In Fund Balance 82,101 DA8015

Restated Fund Balance - Beg of Year -180,289 DA8022 -96,804

ADD - REVENUES AND OTHER SOURCES 653,113 721,564

DEDUCT - EXPENDITURES AND OTHER USES 746,448 622,708

Fund Balance - End of Year -273,625 DA8029 2,053

Page 16 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 17: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(DA) HIGHWAY-TOWN-WIDE

Budget Summary

EdpCode 20152014

Estimated Revenues

Est Rev - Real Property Taxes 639,894 DA1049N 705,271

EsT. ReV. - Intergovernmental Charges 39,895 DA2399N 39,895

Est Rev - Use of Money And Property 2,000 DA2499N 2,100

Est Rev - Interfund Revenues DA2801N 30,000

Est Rev - State Aid 58,386 DA3099N 58,386

740,175 835,652TOTAL Estimated Revenues

740,175 835,652TOTAL Estimated Revenues And Other Sources

OSC Municipality Code 400317300000Page 17

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 18: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(DA) HIGHWAY-TOWN-WIDE

Budget Summary

EdpCode 20152014

Appropriations

App - Transportation 557,679 DA5999N 589,977

App - Employee Benefits 182,596 DA9199N 194,920

App - Debt Service DA9899N 50,755

740,275 835,652TOTAL Appropriations

740,275 835,652TOTAL Appropriations And Other Uses

OSC Municipality Code 400317300000Page 18

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 19: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(H) CAPITAL PROJECTS

Balance Sheet

Assets

Cash H200 182,416

Cash With Fiscal Agent 11,437 H223

TOTAL Cash 11,437 182,416Due From State And Federal GovernmentAdditional Description Due from Rural Development

27,880 H410 647,000

TOTAL State And Federal Aid Receivables 27,880 647,000Due From Other Funds H391

TOTAL Due From Other Funds 0 0Due From Other GovernmentsAdditional Description Due from DEC

173,697 H440 608,877

TOTAL Due From Other Governments 173,697 608,877

TOTAL Assets and Deferred Outflows of Resources 213,014 1,438,294

OSC Municipality Code 400317300000Page 19

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 20: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(H) CAPITAL PROJECTS

2013 EdpCode 2014Code Description

Balance Sheet

H600Accounts Payable 78,483

TOTAL Accounts Payable 078,483H626Bond Anticipation Notes Payable 710,000345,557

TOTAL Notes Payable 710,000345,557H630Due To Other Funds 13,094

TOTAL Due To Other Funds 013,094

437,134 710,000TOTAL Liabilities

Fund BalanceH914Assigned Appropriated Fund Balance

H915Assigned Unappropriated Fund Balance

TOTAL Assigned Fund Balance 00H917Unassigned Fund Balance -224,210

TOTAL Unassigned Fund Balance 0-224,210

-224,210 0TOTAL Fund Balance

212,924 710,000TOTAL Liabilities, Deferred Inflows And Fund Balance

OSC Municipality Code 400317300000Page 20

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 21: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(H) CAPITAL PROJECTS

Code Description 2013 EdpCode 2014

Revenues

H2397Capital Projects-Other Local Govts

TOTAL Intergovernmental Charges 0 0

H3097 25,83715,241St Aid-Capital Projects

TOTAL State Aid 15,241 25,837

H4097 1,091,048Fed Aid - Cap Projects

TOTAL Federal Aid 0 1,091,048

TOTAL Revenues 15,241 1,116,885

H5730 710,000Bond Anticipation Notes

H5731Bans Redeemed From Appropriations

TOTAL Proceeds of Obligations 0 710,000

TOTAL Other Sources 0 710,000

TOTAL Detail Revenues And Other Sources 15,241 1,826,885

Page 21 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 22: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(H) CAPITAL PROJECTS

Code Description 2013 EdpCode 2014

Expenditures

H14402168,019Engineer, Equip & Cap Outlay

TOTAL Engineer 168,019 0

TOTAL General Government Support 168,019 0

H8110278,891Sewer Administration, Equip & Cap Outlay

TOTAL Sewer Administration 78,891 0

TOTAL Home And Community Services 78,891 0

H97306Debt Principal, Bond Anticipation Notes

TOTAL Debt Principal 0 0

H973073,888Debt Interest, Bond Anticipation Notes

TOTAL Debt Interest 3,888 0

TOTAL Expenditures 250,798 0

TOTAL Detail Expenditures And Other Uses 250,798 0

Page 22 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 23: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(H) CAPITAL PROJECTS

Code Description 2013 EdpCode 2014

Analysis of Changes in Fund Balance

Analysis of Changes in Fund Balance

Fund Balance - Beginning of Year 41,593 H8021 -224,210

Prior Period Adj -Decrease In Fund Balance 30,246 H8015

Restated Fund Balance - Beg of Year 11,347 H8022 -224,210

ADD - REVENUES AND OTHER SOURCES 15,241 1,826,885

DEDUCT - EXPENDITURES AND OTHER USES 250,798

Fund Balance - End of Year -224,210 H8029 1,602,675

Page 23 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 24: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(K) GENERAL FIXED ASSETS

Balance Sheet

Assets

Land 131,198 K101

Buildings 1,599,500 K102

Improvements Other Than Buildings 2,270,940 K103

Machinery And Equipment 838,696 K104

Infrastructure 714,785 K106

Other Capital Assets 5,082,750 K107

Accum Deprec, Buildings -1,560,665 K112

Accum Depr, Imp Other Than Bld -1,589,992 K113

Accum Depr, Machinery & Equip -804,801 K114

Accum Deprec, Infrastructure -714,785 K116

Accum Deprec, Other Capital Assets -851,375 K117

TOTAL Fixed Assets (net) 5,116,252 0

TOTAL Assets and Deferred Outflows of Resources 5,116,252 0

OSC Municipality Code 400317300000Page 24

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 25: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(K) GENERAL FIXED ASSETS

2013 EdpCode 2014Code Description

Balance Sheet

Liabilities, Deferred Inflows And Fund BalanceK159Total Non-Current Govt Assets 5,116,252

TOTAL Investments in Non-Current Government Assets 05,116,252

5,116,252 0TOTAL Fund Balance

5,116,252 0TOTAL

OSC Municipality Code 400317300000Page 25

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 26: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(SS) SEWER

Balance Sheet

Assets

Cash SS200 6,002

TOTAL Cash 0 6,002Sewer Rents Receivable SS360 960

TOTAL Other Receivables (net) 0 960

TOTAL Assets and Deferred Outflows of Resources 0 6,962

OSC Municipality Code 400317300000Page 26

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 27: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(SS) SEWER

2013 EdpCode 2014Code Description

Balance Sheet

SS600Accounts Payable 5

TOTAL Accounts Payable 50

0 5TOTAL Liabilities

Fund BalanceSS915Assigned Unappropriated Fund Balance 6,957

TOTAL Assigned Fund Balance 6,9570

0 6,957TOTAL Fund Balance

0 6,962TOTAL Liabilities, Deferred Inflows And Fund Balance

OSC Municipality Code 400317300000Page 27

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 28: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(SS) SEWER

Code Description 2013 EdpCode 2014

Revenues

SS1001 6,402Real Property Taxes

TOTAL Real Property Taxes 0 6,402

SS2120 7,680Sewer Rents

TOTAL Departmental Income 0 7,680

TOTAL Revenues 0 14,082

TOTAL Detail Revenues And Other Sources 0 14,082

Page 28 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 29: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(SS) SEWER

Code Description 2013 EdpCode 2014

Expenditures

SS81101 163Sewer Administration, Pers Serv

SS81104 312Sewer Administration, Contr Expend

TOTAL Sewer Administration 0 475

SS81201 116Sanitary Sewers, Pers Serv

SS81204 1,678Sanitary Sewers, Contr Expend

TOTAL Sanitary Sewers 0 1,794

SS81301 39Sewage Treat Disp, Pers Serv

SS81304Sewage Treat Disp, Contr Expend

TOTAL Sewage Treat Disp 0 39

TOTAL Home And Community Services 0 2,308

SS90108 1,400State Retirement, Empl Bnfts

SS90308 14Social Security , Empl Bnfts

TOTAL Employee Benefits 0 1,414

SS97306 2,403Debt Principal, Bond Anticipation Notes

TOTAL Debt Principal 0 2,403

SS97307 1,000Debt Interest, Bond Anticipation Notes

TOTAL Debt Interest 0 1,000

TOTAL Expenditures 0 7,125

TOTAL Detail Expenditures And Other Uses 0 7,125

Page 29 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 30: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(SS) SEWER

Code Description 2013 EdpCode 2014

Analysis of Changes in Fund Balance

Analysis of Changes in Fund Balance

Fund Balance - Beginning of Year SS8021

Restated Fund Balance - Beg of Year SS8022

ADD - REVENUES AND OTHER SOURCES 14,082

DEDUCT - EXPENDITURES AND OTHER USES 7,125

Fund Balance - End of Year SS8029 6,957

Page 30 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 31: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(SS) SEWER

Budget Summary

EdpCode 20152014

Estimated Revenues

Est Rev - Departmental Income SS1299N 73,170

0 73,170TOTAL Estimated Revenues

0 73,170TOTAL Estimated Revenues And Other Sources

OSC Municipality Code 400317300000Page 31

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 32: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(SS) SEWER

Budget Summary

EdpCode 20152014

Appropriations

App - General Government Support SS1999N 1,700

App - Home And Community Services SS8999N 54,728

App-Employee Benefits SS9199N 422

App - Debt Service SS9899N 13,320

0 70,170TOTAL AppropriationsApp - Interfund Transfer SS9999N 3,000

0 3,000TOTAL Other Uses

0 73,170TOTAL Appropriations And Other Uses

OSC Municipality Code 400317300000Page 32

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 33: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(SW) WATER

Balance Sheet

Assets

Cash -2,064 SW200 3,564

TOTAL Cash -2,064 3,564Water Rents Receivable 15,659 SW350 31,555

TOTAL Other Receivables (net) 15,659 31,555Due From Other Funds 37,852 SW391

TOTAL Due From Other Funds 37,852 0Cash Special ReservesAdditional Description Not an actual reserve

27 SW230 46,235

TOTAL Restricted Assets 27 46,235

TOTAL Assets and Deferred Outflows of Resources 51,475 81,354

OSC Municipality Code 400317300000Page 33

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 34: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(SW) WATER

2013 EdpCode 2014Code Description

Balance Sheet

SW600Accounts Payable 8,098

TOTAL Accounts Payable 08,098SW630Due To Other Funds 3,8835,197

TOTAL Due To Other Funds 3,8835,197

13,296 3,883TOTAL Liabilities

Fund BalanceSW882Reserve For Repairs

Additional Description NOT AN ACTUAL RESERVE (money set aside)46,23527

TOTAL Restricted Fund Balance 46,23527SW914Assigned Appropriated Fund Balance 3,883

SW915Assigned Unappropriated Fund Balance 27,35438,152

TOTAL Assigned Fund Balance 31,23638,152

38,179 77,471TOTAL Fund Balance

51,475 81,354TOTAL Liabilities, Deferred Inflows And Fund Balance

OSC Municipality Code 400317300000Page 34

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 35: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(SW) WATER

Code Description 2013 EdpCode 2014

Revenues

SW2142 56,73552,674Unmetered Water Sales

TOTAL Departmental Income 52,674 56,735

SW2401 7Interest And Earnings

TOTAL Use of Money And Property 0 7

TOTAL Revenues 52,674 56,741

TOTAL Detail Revenues And Other Sources 52,674 56,741

Page 35 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 36: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Results of Operation

(SW) WATER

Code Description 2013 EdpCode 2014

Expenditures

SW83101 3,52021,922Water Administration, Pers Serv

SW83102 48478Water Administration, Equip & Cap Outlay

SW83104 2,0631,729Water Administration, Contr Expend

TOTAL Water Administration 24,129 5,631

SW83201 9,195Source Supply Pwr & Pump, Pers Serv

SW83204 25,38526,916Source Supply Pwr & Pump, Contr Expend

TOTAL Source Supply Pwr & Pump 26,916 34,581

SW83304 6,5348,936Water Purification, Contr Expend

TOTAL Water Purification 8,936 6,534

SW83404 6,6334,530Water Trans & Distrib, Contr Expend

TOTAL Water Trans & Distrib 4,530 6,633

TOTAL Home And Community Services 64,511 53,379

SW90108 4,4104,010State Retirement, Empl Bnfts

SW90308 5991,640Social Security , Empl Bnfts

TOTAL Employee Benefits 5,650 5,009

SW97957Interfund Loans

TOTAL Debt Interest 0 0

TOTAL Expenditures 70,162 58,387

TOTAL Detail Expenditures And Other Uses 70,162 58,387

Page 36 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 37: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(SW) WATER

Code Description 2013 EdpCode 2014

Analysis of Changes in Fund Balance

Analysis of Changes in Fund Balance

Fund Balance - Beginning of Year 35,649 SW8021 38,179

Prior Period Adj -Increase In Fund Balance 20,017 SW8012 40,938

Restated Fund Balance - Beg of Year 55,666 SW8022 79,117

ADD - REVENUES AND OTHER SOURCES 52,674 56,741

DEDUCT - EXPENDITURES AND OTHER USES 70,162 58,387

Fund Balance - End of Year 38,179 SW8029 77,474

Page 37 OSC Municipality Code 400317300000

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 38: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(SW) WATER

Budget Summary

EdpCode 20152014

Estimated Revenues

Est Rev - Departmental Income 77,525 SW1299N 77,525

77,525 77,525TOTAL Estimated Revenues

77,525 77,525TOTAL Estimated Revenues And Other Sources

OSC Municipality Code 400317300000Page 38

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 39: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description

(SW) WATER

Budget Summary

EdpCode 20152014

Appropriations

App - General Government Support 5,650 SW1999N 4,000

App - Home And Community Services 71,925 SW8999N 73,575

77,575 77,575TOTAL Appropriations

77,575 77,575TOTAL Appropriations And Other Uses

OSC Municipality Code 400317300000Page 39

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 40: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Code Description 2013 EdpCode 2014

(W) GENERAL LONG-TERM DEBT

Balance Sheet

Assets

Total Non-Current Govt Liabilities 49,810 W129

TOTAL Provision To Be Made In Future Budgets 49,810 0

TOTAL Assets and Deferred Outflows of Resources 49,810 0

OSC Municipality Code 400317300000Page 40

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 41: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

(W) GENERAL LONG-TERM DEBT

2013 EdpCode 2014Code Description

Balance Sheet

W626Bond Anticipation Notes Payable

TOTAL Notes Payable 00W685Installment Purchase Debt 49,809W689Other Long Term Debt

TOTAL Other Liabilities 049,809

49,809 0TOTAL Liabilities

49,809 0TOTAL Liabilities

OSC Municipality Code 400317300000Page 41

TOWN OF CliftonAnnual Update Document

For the Fiscal Year Ending 2014

Page 42: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

Office of the State Comptroller 6/10/2015TOWN OF CliftonStatement of Indebtedness

For the Fiscal Year Ending 2014

County of: St. Lawrence

Municipal Code: 400317300000

FirstYear

DebtCode

Description

CopsFlag

CompFlag

Date ofIssue

Date ofMaturity

Int.Rate

Var?

Amt. Orig.Issued

O/S Beg.of Year

PaidDur. Year

RedeemedBond Proc.

Prior Yr.Adjust.

AccretedInterest

O/S End

of Year

E 05/15/2014 5.39% $0 $0$171,978 $49,809 $005/15/2009NLease PurchaseIPC2009 $0

AFR Year Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $49,809 $0 $0 $0$0 $0$0

E 03/03/2014 2.19% $0 $0$30,000 $30,000 $012/05/2013for end of year payrollTAN2013 $0

AFR Year Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $30,000 $0 $0 $0$0 $0$0

N 03/20/2017 2.19% $0 $0$150,000 $110,000 $003/21/2012Newton Falls Wastewater Grant

BAN2013 $0

N 09/26/2016 2.19% $0 $0$235,557 $235,557 $009/26/2013Sewer EFCBAN2013 $0

AFR Year Total for Type/Exempt Status - Sums Issued Amts only made in AFR Year $345,557 $0 $0 $0$0 $0$0

AFR Year Total for All Debt Types - Sums Issued Amts only made in AFR Year $0$0$0$425,366$0 $0$0

Page 42

Page 43: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

TOWN OF CliftonSchedule of Time Deposits and Investments

For the Fiscal Year Ending 2014

EDP Code Amount

CASH:

On Hand 9Z2001 $150.00

Demand Deposits 9Z2011 $148.05

Time Deposits 9Z2021 $280,967.54

Total $281,265.59

COLLATERAL:

- FDIC Insurance 9Z2014 $250,000.00

9Z2014A $819,755.49

INVESTMENTS:

- Securities (450)

Book Value (cost) 9Z4501

Market Value at Balance Sheet Date 9Z4502

9Z4504A

- Repurchase Agreements (451)

Book Value (cost) 9Z4511

Market Value at Balance Sheet Date 9Z4512

9Z4514A

$1,069,755.49

Collateralized with securities held in possession of municipality or its agent

Collateralized with securities held in possession of municipality or its agent

Collateralized with securities held in possession of municipality or its agent

Total

Page 43 OSC Municipality Code 400317300000

Page 44: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

BankAccountNumber

BankBalance

Add:Deposit

In Transit

Less:Outstanding

Checks

AdjustedBank

Balance

*****-1483 $1,665 $0 $56 $1,609

*****-0027 $90 $0 $0 $90

*****-0213 $12,157 $1,342 $1,536 $11,963

*****-0884 $3,474 $0 $0 $3,474

*****-0914 $2,988 $0 $2,979 $9

*****-0665 $2,407 $0 $0 $2,407

*****-4579 $4,940 $1,200 $6,140 $0

*****-6780 $602,307 $0 $419,890 $182,416

*****-4362 $6,002 $0 $0 $6,002

*****-1947 $20 $0 $0 $20

*****-1955 $128 $0 $0 $128

*****-1457 $9,975 $0 $0 $9,975

*****-8423 $46,235 $0 $0 $46,235

*****-6822 $16,938 $0 $0 $16,938

Total Adjusted Bank Balance

Petty Cash

Adjustments

Total Cash 9ZCASH *

Total Cash Balance All Funds 9ZCASHB *

* Must be equal

$281,266

$150.00

$.00

$281,416

$281,408

OSC Municipality Code 400317300000Page 44

TOWN OF CliftonBank Reconciliation

For the Fiscal Year Ending 2014

Include All Checking, Savings and C.D. Accounts

Page 45: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

TOWN OF CliftonEmployee and Retiree BenefitsFor the Fiscal Year Ending 2014

# of Retirees# of FullTime

Employees

# of PartTime

Employees

TotalExpenditures

(All Funds)

AccountCode

Description

90108 State Retirement System

90158 Police and Fire Retirement

90258 Local Pension Fund

90308 Social Security

90408 Worker's Compensation Insurance

90458 Life Insurance

90508 Unemployment Insurance

90558 Disability Insurance

90608 Hospital and Medical(Dental) Insurance

90708 Union Welfare Benefits

90858 Supplemental Benefit Payment toDisabled Fire Fighters

91890 Other Employee Benefits

8Total Full Time Employees:

Total Part Time Employees:

Total

Computed Total From FinancialSection (comparative purposes only)

$0.00

$257,794.74

Page 45 OSC Municipality 400317300000

Page 46: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

TOWN OF CliftonEnergy Costs and ConsumptionFor the Fiscal Year Ending 2014

Units Of Measure

Total VolumeTotal Expenditures

Energy Type AlternativeUnits OfMeasure

gallons1,183$3,584Gasoline

gallons16,049$51,973Diesel Fuel

gallons4,543$14,961Fuel Oil

cubic feet2,609$6,202Natural Gas propane-Gallons

kilowatt-hours236,401$53,686Electricity

tonsCoal

Page 46 OSC Municipality 400317300000

Page 47: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

TOWN OF CliftonSchedule of Other Post Employment Benefits (OPEB)

For the Fiscal Year Ending 2014

Page 47

Page 48: All Numbers in This Report Have Been Rounded To … › media › 83 › media › 37998.pdfBudget Summary 2014 EdpCode 2015 Estimated Revenues Est Rev - Real Property Taxes 480,224

TOWN OF CliftonFinancial Comments

For the Fiscal Year Ending 2014

(A) GENERAL

Adjustment Reasonadjustment from 2014 - to correct accounting errors between 2013 and the end of 2014 witherroneous accounting of due to/due froms and interfund transfers. Laird Petrie and Mark Bono hadperformed an audit in the beginning of 2014 were made aware of these issues. This should be thefinal correction for these accounting errors.

Account Code A8015

(DA) HIGHWAY-TOWN-WIDE

Adjustment ReasonGeneral had cleared a loan due from Hwy so Hwy no longer owes the General Fund any monies,thus increasing their fund balance.

Account Code DA8012

.Account Code DA8015

(SW) WATER

Adjustment ReasonRepayment to the Repair Fund by the General Fund was not correctly figured into the previousyear's figures.

Account Code SW8012

Page 48 OSC Municipality Code 400317300000