Text · page 18 of 204
Read the whole document on one page (all 204 pages, each with its own heading)
Fund Balance as of 12/31/23 Annual Financial Report General Highway Fire Light Ambulance Garbage Water Nonspendable 22,417 12,609 - - - - - Reserve Accts (see below) 460,013 301,944 - - 227,461 - 368,614 Assigned for specific use 103,441 930,894 207,283 17,721 68,759 135,213 617,625 Unassigned 2,457,066 - - - - - - Total as of 12/31/21 3,042,937 1,245,447 207,283 17,721 296,220 135,213 986,239 2024 Anticipated change in Fund Balance *Estimates as of 8-2024* (320,967) (123,875) (22,920) (7,000) 6,500 17,000 (14,715) Estimated 2024 Ending Fund Balance 2,239,540 807,019 184,363 10,721 75,259 152,213 602,910 2025 Planned use of Fund Balance (489,330) (153,433) (26,773) (3,673) - - (14,684) Estimated 2025 Ending Fund Balance 1,750,210 653,586 157,590 7,048 75,259 152,213 588,226 Calc. Minimum per Town Policy 480,333 322,160 160,967 3,600 36,044 196,607 91,623 (% of budgeted appropriations) (20%) (20%) (15%) (20%) (20%) (20%) (15%) Reserve Accounts as of 12/31/23 Reserve for Debt (per USDA Req) - - - - - - 368,614 Reserve for Ambulance - - - - 227,461 - - Reserve for Equipment - 301,944 - - - - - Reserve for Tri-Seq 7,444 - - - - - - Reserve for Sr. Facility 63,770 - - - - - - Reserve for tax stable 88,170 - - - - - - Reserve for Building & Parks 130,849 - - - - - - Reserve for Recreation 38,628 - - - - - - Reserve for Drainage 131,152 - - - - - - 460,013 301,944 - - 227,461 - 20 368,614