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TOWN OF BOSTON, NEW YORK Statement of Revenues, Expenditures, and Changes in Fund Balances—Governmental Funds Year Ended December 31, 2024 Total Highway— Fire Garbage and Capital Nonmajor Governmental General Town Wide Protection Water Refuse Projects Funds Funds REVENUES Real property taxes and tax items $ 168,136 $ 864,103 $ 809,049 $ 473,401 $ 943,773 $ - $ 113,267 $ 3,371,729 Non-property tax items 1,090,738 275,000 150,000 - - - 90,000 1,605,738 Departmental income 17,528 - - - 3,400 - - 20,928 Use of money and property 204,080 70,426 210,131 54,584 23,065 36,199 96,839 695,324 Licenses and permits 59,397 - - - - - - 59,397 Fines and forfeitures 181,766 - - - - - - 181,766 Sale of property and compensation for loss 7,909 685 - - - - - 8,594 Miscellaneous 13,399 1,571 - - - - 14,970 Interfund revenues - 76,493 - - - - - 76,493 State aid 220,684 171,166 - - - 46,747 - 438,597 Federal aid 181,151 - - - - - - 181,151 Total revenues 2,144,788 1,459,444 1,169,180 527,985 970,238 82,946 300,106 6,654,687 EXPENDITURES Current: General government support 969,196 - - - - 252,048 - 1,221,244 Public Safety 117,720 - 689,240 - - - - 806,960 Health - - - - - - 107,397 107,397 Transportation 165,802 1,097,116 - - - - 153,662 1,416,580 Economic assistance and opportunity 46,855 - - - - - - 46,855 Culture and recreation 361,274 - - - - 23,659 - 384,933 Home and community services 198,191 - - 70,427 904,710 294,552 - 1,467,880 Employee benefits 271,580 198,510 433,188 - - - 52,431 955,709 Debt service: Principal 49,367 - - 126,752 - - 13,926 190,045 Interest and other fiscal charges 20,532 - - 155,208 - 16,820 495 193,055 Total expenditures 2,200,517 1,295,626 1,122,428 352,387 904,710 587,079 327,911 6,790,658 Excess (deficiency) of revenues over expenditures (55,729) 163,818 46,752 175,598 65,528 (504,133) (27,805) (135,971) OTHER FINANCING SOURCES (USES) Transfers in - - 134,624 2,706 - 223,729 - 361,059 Transfers out (331,563) - - (26,790) - (2,706) - (361,059) Total other financing sources (uses) (331,563) - 134,624 (24,084) - 221,023 - - Net change in fund balances (deficit) (387,292) 163,818 181,376 151,514 65,528 (283,110) (27,805) (135,971) Fund balances (deficit)—beginning 2,939,496 1,245,447 2,598,039 986,238 135,214 (836,206) 962,669 8,030,897 Fund balances (deficit)—ending $ 2,552,204 $ 1,409,265 $ 2,779,415 $ 1,137,752 $ 200,742 $ (1,119,316) $ 934,864 $ 7,894,926 The notes to the financial statements are an integral part of this statement. - 14 -