WRIGHTSTOWN TOWNSHIP 2015 Draft Fund BUDGET

Transcription

1 Draft Fund Page 1 FUND 4 - SPECIAL RESERVE FUND (Uncommitted In Lieu Funds) Fund Balance Forward 318, , , , , , , , , Interest 2, Stained Glass Contributions 4, Bid & Specs PW Building Development Contributions Sidewalk 37, Sale of Assets , , Receipts TOTAL 363, , , , , , , , , , Brownsburg Road Reconstruction 0 1, Municipal Parking Lot ( Chippewa in ) Land Development Chippewa Farm 0 81,429 19, Admin Expenses in Sale 0 0 9, Septic Design Chippewa Farm 0 3,247 25, Septic Construction Chippewa Farm Septic Planning Chippewa 0 8,496 6, Entrance Road Construction Water Resource Study and Well 0 0 1, Bidding,Construction Admin.& Construction Services 0 0 2, Chippewa Farm Buildings - Other ,238 21, , Other Expenses 6, ,049 15, DPW Parking Lot Paving , Bank Charges Transfer to General Fund, Public Works EXPENDITURE TOTAL 6, , ,123 22, , Closing Balance 356, ,615 93, , , , , , , ,230 This fund is for the uncommited in lieu of fees received by the Township. It can be used for special projects such as the Brownsburg Road reconstruction. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

2 Draft Fund Page 2 FUND 5 - CABLE ACCESS FUND Fund Balance Forward 58,794 97, , , , , , , , Comcast Franchise Fees 47,631 51,887 54,152 55,789 57,592 57,500 44,389 59,398 59, Verizon Franchise Fees 5,094 8,317 9,148 13,177 15,916 16,000 12,858 17,107 17, Interest TOTAL 111, , , , , , , , , , Computer Maintenance, Software & Licenses ,000 11, Web Site Update , , CATV Videographer 5,763 6,202 3,751 4,476 6,098 7,000 2,948 7,000 7, CATV Consultant ,159 5,000 5,378 6,500 5, Equipment Purchase 0 2,399 6,697 4,132 1,788 30,000 9,458 20,000 30, Surge Protector Equipment , CATV Maintenance Webcasting 7,549 6,021 5,610 4,680 4,770 4,680 3,900 4,680 5, Transfer to Special Projects (Salt Shed) , , ,000 EXPENDITURE TOTAL 14,561 15,529 16,861 14,052 46, ,180 22,413 39, , ,500 Closing Balance 97, , , , , , , , , ,721 This fund includes the franchise fees received from Comcast and Verizon. It can be used for video and computer technology expenses as well as legal and professional services to defend franchise requirements. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

3 Draft Fund Page 3 FUND 6- Special Projects Fund Fund Balance Forward 81, ,800 5, , ,460 2, Interest Miscellaneous Income Transfer from General Fund ,000 29, Transfer from Cable Access , , ,000 TOTAL , , , , , , , , Parking Lot Lighting Municipal Bldg , , , Communication - Radio PW/Zoning 0 0 2,281 1, , , Chippewa Fencing Public Works Overhead Doors , Salt Shed , ,000 EXPENDITURE TOTAL 0 0 2,281 5,590 9, ,800 70, , , ,000 Closing Balance , , ,460 1,000 42,350 2,660 2,660 2,660 This Fund is a new Fund in for designated special projects. Funding is from General Fund specifically designated for a particular project. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

4 Draft Fund Page 4 FUND 8 - SEWER OPERATING FUND (Operational Income and Expenses) Fund Balance Forward 30,220 80, , , , , , , , Interest Quarterly Sewer Fees- MR - 985; CC quarterly 50,394 69,617 96, , , , , , ,000 TOTAL 80, , , , , , , , , , Legal Expenses Bank Service Charges Operations Expenses Engineering Expenses Plant Maintenance Expenses Transfer to Sewer Capital EXPENDITURE TOTAL Closing Balance 80, , , , , , , , , ,279 This fund includes fees received for the sewer service. Although the treatment system has not been taken over by the Township yet this fund will cover the operational expenses when we do. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

5 Draft Fund Page 5 FUND 10 - OPEN SPACE BOND FUND (Tax receipts, Loan Payments) Fund Balance Forward 625, , , ,474 1,042,607 1,203,043 1,236,836 1,236,836 1,267, Real Estate Tax (.5 mil) 113, , , ,824 38,730 35,000 34,354 35,000 35, Real Estate Tax Collector Commission 3,496 3,979 3,573 3,675 1,095 1,082 1,062 1,082 1, EIT - Tax (0.15%) 166, , , , , , , , , EIT - Tax Collector Commission 3,216 3,429 3,189 3,322 3,336 2,940 2,659 2,960 2, Interest 1,890 1,397 1,365 5,237 2, ,010 1, Sale of Assets / Donation in , ,500 2,500 0 TOTAL 914,207 1,011,271 1,127,436 1,262,829 1,458,847 1,451,125 1,466,729 1,489,339 1,517,136 1,517, Real Estate Tax Collector Commission 3,496 7,077 3,590 4,721 1,110 1,082 1,062 1,082 1, EIT - Tax Collector Commission 3,328 2,196 2,999 3,184 3,149 2,940 2,677 2,960 2, Loan Payments 217, , , , , , , , , Loan Prepayment , Misc Planning Expenses ,190 3,872 11,615 10,000 10,622 12,000 12,000 EXPENDITURE TOTAL 224, , , , ,010 1,110, , , , ,186 Closing Balance 690, , ,398 1,043,989 1,236, ,967 1,310,589 1,267,161 1,294,950 1,294,950 This fund is dedicated to open space expenses. It is funded with specific tax millage and is used to cover the loan payments for the open space purchases. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

6 Draft Fund Page 6 FUND 20 - PARK AND OPEN SPACE (Loan Proceeds, Acquisition Costs) Fund Balance Forward 285, , , , , , , , Interest 1, County Grant , Loan Proceeds ,500, ,500,000 Prior Year Adjustment TOTAL 286, , , , ,726 1,500, , ,827 2,138,265 2,138, Open Space Acquisition & Misc. Charges 0 1, ,500, ,138, Bank Service Charges EXPENDITURE TOTAL 567 1, ,500, ,138,265 2,138,265 Closing Balance 286, , , , , , , This fund includes the loan proceeds related to open space acquisition loans as well as the associated acquisition costs. This is a dedicated fund for open space. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

7 Draft Fund Page 7 FUND 25 - PARK AND OPEN SPACE RESERVE (Quarry Contributions) Fund Balance Forward 892, ,080 1,057,400 1,138,252 1,223,855 1,307,779 1,308,312 1,308,312 1,393, Interest 5, ,603 4,458 5, ,500 7, Hansen Base Contribution 0 160,000 80,000 80,000 80,000 80, ,000 80, Hansen Overage Contribution Eureka Overage Contribution Prior Year Adjustment TOTAL 897,080 1,057,400 1,138,252 1,223,855 1,308,313 1,393,159 1,308,334 1,393,812 1,481,351 1,481, Bank Charges EXPENDITURE TOTAL Closing Balance 897,080 1,057,400 1,138,252 1,223,855 1,308,313 1,393,159 1,308,334 1,393,812 1,481,351 1,481,351 This fund can be used for and open space expenses. It is funded with fees paid by Hanson Quarry. Overage contributions are also included in the fund for Hanson and Eureka. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

8 Draft Fund Page 8 FUND 30 - HIGHWAY CAPITAL RESERVE (Road Projects) Fund Balance Forward 90,954 70, Real Estate Tax (2 Mills) , Tax Collector Commission , Interest Loan Proceeds ( Road Projects) ,000 TOTAL 91,014 70, , Tax Collector Commission , Road Projects , Loan Payment , Dump Truck Lease (Moved to Liquid Fuels) 14, Pick up Lease (Moved to Liquid Fuels ) 5,920 2, Transfer to Liquid Fuels 0 68, EXPENDITURE TOTAL 20,085 70, ,128 0 Closing Balance 70, ,301 0 This fund is used for major equipment purchases for the Highway Department. We have two trucks for the Highway department budgeted for, a pick-up with a utility body and a dump truck. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

9 Draft Fund Page 9 FUND 35 - HIGHWAY STATE AID FUND (Liquid Fuels Proceeds, Paving Projects) Fund Balance Forward 20,969 91, , , , , , ,793 44, Interest Liquid Fuels Revenue 74,960 78,177 81,692 80,355 86,573 80,000 95,346 95, , Transfer from General Fund 0 29, , Transfer from Highway Capital Reserve Fund 0 68, TOTAL 95, , , , , , , , , , Dump Truck Interest 0 5,422 4, Dump Truck Principal 0 22,518 23, Pick Up Interest 0 1,633 1, Pick Up Principal 0 6,483 6, Current Year Highway Project , , , , Brownsburg Rd. Repaving ($250,000) 4, Road Salt 0 23,279 4, Bank Service Charges EXPENDITURE TOTAL 4,562 59,335 40, , , , , Closing Balance 91, , , , ,794 32,519 65,046 44, , ,213 This is the Liquid Fuels fund. This is a dedicated fund and can only be used for specific highway maintenance projects allowed by the State. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

10 Draft Fund Page 10 FUND 38 - SEWER CAPITAL FUND (Capital contribution/expenses) Fund Balance Forward 213, , , , , , , , , Interest 1, ,106 1,250 1,580 1,091 1,586 2, Orleans Capital Contribution 100, Transfer from Sewer Operating TOTAL 314, , , , , , , , , ,428 Expense Capital Expenses Bank Fees EXPENDITURE TOTAL Closing Balance 314, , , , , , , , , ,428 This fund includes Capitol contributions from developers. The funds will be used to cover expenses related to capitol costs associate with sewer service. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

11 Draft Fund Page 11 FUND 41 - SHADE TREE FUND (Contributions for Trees from Developers, etc.) Fund Balance Forward 10,604 10,611 33,402 33,402 33,587 33,699 33,708 33,708 33, Developer Contributions 0 22, Interest TOTAL 10,611 33,402 33,427 33,562 33,708 33,852 33,709 33,863 34,058 34,058 Project Transfer to EXPENDITURE TOTAL Closing Balance 10,611 33,402 33,427 33,562 33,708 33,852 33,709 33,863 34,058 34,058 This fund includes contributions from developers relating to tree plantings. The fund is used to cover expenses for shade tree plantings and maintenance. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

12 Draft Fund Page 12 FUND 42 - PARK & RECREATION FUND (Summer Program) Fund Balance Forward 23,155 11,674 10,940 10,783 10,350 11,836 10,828 10,828 11, Interest Park & Recreation Programs Summer Recreation Program 1,880 1,740 1, ,180 2,000 2,640 2,640 2, Harvest Festival ,600 1, ,000 TOTAL 25,590 13,417 13,245 11,386 14,132 15,338 14,369 14,370 15,054 15,054 Bank Charges Park & Recreation Programs Summer Program Expenses 1,750 2,477 1,589 1,435 1,887 2,000 1,817 1,818 2, Leased Land/Boat Ramp Harvest Festivals ,417 1, ,000 1, Veterans Memorial ,200 1, Transfer to Parks & Rec Reserve 11, EXPENDITURE TOTAL 13,915 2,477 2,459 1,435 3,304 3,500 1,817 4,018 4,200 4,200 Closing Balance 11,675 10,940 10,785 9,950 10,827 11,838 12,552 10,352 10,854 10,854 This fund covers the expenses for Parks and Recreation programs such as the Childrens Summer Program and the Harvest Festival. It is funded through the program fees and the Harvest Fesival proceeds. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

13 Draft Fund Page 13 FUND 43 - BUILDING CAPITAL SINKING FUND (Tax Receipts, Loan Payments) Fund Balance Forward 51,875 41,891 42,111 43,973 49,959 57,320 57,277 57,277 64, Real Estate Tax (0..53 mil) 33,898 35,045 34,860 35,677 36,371 35,620 35,583 36,140 35, Real Estate Tax Collector Commission 1,784 1,844 1,835 1,878 1,888 1,875 1,843 1,885 1, Interest Sale of Assets TOTAL 87,636 78,827 78,848 81,564 88,254 94,848 94,726 95, , , Real Estate Tax Collector Commission 0 3,632 1,830 1,878 1,913 1,875 1,843 1,885 1, Bank Charges Loan Payments 45,745 33,043 33,044 29,727 29,064 29,064 24,200 29,063 29, Loan Prepayment Transfer to General Fund 2, EXPENDITURE TOTAL 48,406 36,716 34,874 31,605 30,977 30,939 26,043 30,948 30,954 30,954 Closing Balance 39,230 42,111 43,974 49,959 57,277 63,909 68,683 64,396 71,274 71,274 This fund includes the Tax revenue received for the building loan payments. The sale of assets such as buildings on Chippewa Farm is also included. Property improvements and possible building loan repayments can also come out of this fund. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

14 Draft Fund Page 14 FUND 44 - PARK & RECREATION RESERVE (Developer In Lieu Contributions) Fund Balance Forward 181, , , , , , , , ,256 Receipts Payment in Lieu 0 0 6, Interest , , Transfer from P & R 11, TOTAL 192, , , , , , , , , , EXPENDITURE TOTAL Closing Balance 192, , , , , , , , , ,491 This fund includes developers in lieu of contributions. It can be used for general Parks and Recreation expenses. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM

15 Draft Fund Page 15 FUND 50 - EMERGENCY SERVICES FUND (Tax Receipts Fire & EMS, Foreign Fire, Disbursements) Fund Balance Forward 4,257 4,316 1,549 1,552 1,552 1,552 1,552 1, Fire Tax Revenues (0.75 mils) 50,155 50,882 51,021 52,556 53,729 53,055 52,489 53,000 53, EMS Tax Revenues (0.5 mils) 31,765 32,226 32,529 33,314 34,005 33,600 33,219 34,000 33, EMS Tax Collector Commission 1,671 1,696 1,712 1,723 1,790 1,770 1,748 1,790 1, Fire Tax Collector Commission Foreign Fire Tax Revenues 47,233 72,988 41,454 47,038 44,721 44, ,700 44,700 TOTAL 135, , , , , ,677 89, , , ,365 Bank Service Charge EMS Tax Collector Commission 0 3,370 1,710 1,752 1,790 1,770 1,748 1,790 1, Lingohocken Fire Company 50,155 51,551 51,361 52,556 53,729 53,055 52,789 53,000 53, Lingohocken Fire Company Relief Association 47,233 72,988 41,454 47,038 44,721 44, ,721 44, Central Bucks Emergency Medical Services 31,765 32,650 32,529 33,285 34,005 33,600 33,219 34,000 33,860 EXPENDITURE TOTAL 129, , , , , ,125 87, , , ,813 Closing Balance 5,928 1,549 1,552 1, ,552 1,252 1,531 1,552 1,552 This fund includes tax funds as well as state aid received for the Fire Company Relief Association. These are dedicated funds and must be used for specific purposes. Budget Other Funds - 6 (with Notes).xlsx 11/18/ - 9:25 AM