FINANCE REPORT OCTOBER 2013

Transcription

1 Agenda Item # 12/12/13 Town of Mineral Springs FINANCE REPORT OCTOBER 2013 Prepared for: The Mineral Springs Town Council By: Frederick Becker III Finance Officer December 12, 2013

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3 Cash Flow Report FY2013 YTD 7/1/2013 Through 10/31/ /14/2013 Page 1 7/1/2013- Category Description 10/31/2013 INCOME Franchise Cable TOTAL Franchise Interest Income Other Inc Zoning 1, TOTAL Other Inc 1, Prop Tax 2013 Receipts 2013 Int 0.00 Tax 5, TOTAL Receipts , TOTAL Prop Tax , Prop Tax Prior Years Prop Tax 2001 Receipts 2001 Int 8.32 Tax 1.95 TOTAL Receipts TOTAL Prop Tax Prop Tax 2002 Receipts 2002 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2003 Annexation 2003 Receipts 2003 Int 4.22 Tax 5.25 TOTAL Receipts TOTAL Annexation Receipts 2003 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2004 Receipts 2004 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2005 Receipts 2005 Int Tax TOTAL Receipts

4 Cash Flow Report FY2013 YTD 7/1/2013 Through 10/31/ /14/2013 Page 2 7/1/2013- Category Description 10/31/2013 TOTAL Prop Tax Prop Tax 2006 Receipts 2006 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2007 Receipts 2007 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2008 Receipts 2008 Int Tax TOTAL Receipts Refunds 2008 Int TOTAL Refunds TOTAL Prop Tax Prop Tax 2009 Receipts 2009 Int Tax TOTAL Receipts Refunds 2009 Int TOTAL Refunds TOTAL Prop Tax Prop Tax 2010 Receipts 2010 Int Tax TOTAL Receipts Refunds 2010 Int TOTAL Refunds TOTAL Prop Tax Prop Tax 2011 Receipts 2011 Int Tax TOTAL Receipts Refunds 2011 Int TOTAL Refunds TOTAL Prop Tax Prop Tax 2012 Receipts 2012

5 Cash Flow Report FY2013 YTD 7/1/2013 Through 10/31/ /14/2013 Page 3 7/1/2013- Category Description 10/31/2013 Int Tax TOTAL Receipts TOTAL Prop Tax TOTAL Prop Tax Prior Years 3, Sales Tax Sales & Use Dist 3, TOTAL Sales Tax 3, Veh Tax Coll TOTAL Coll Int Int Int Int Int Int Int Int Tax Tax Tax Tax Tax Tax Tax Tax , TOTAL Veh Tax 1, TOTAL INCOME 16, EXPENSES Uncategorized 0.00 Ads Attorney 1, Community Donation Greenway Maint TOTAL Community 1, Dues 1, Emp Benefits Dental

6 Cash Flow Report FY2013 YTD 7/1/2013 Through 10/31/ /14/2013 Page 4 7/1/2013- Category Description 10/31/2013 Life NCLGERS 3, Vision TOTAL Benefits 3, Bond FICA Med Soc Sec 2, TOTAL FICA 2, Payroll SUI 0.00 Work Comp TOTAL Emp 8, Ins 3, Office Bank Clerk 10, Council 2, Deputy Clerk 2, Finance Officer 9, Maint Materials Service 4, TOTAL Maint 4, Mayor 1, Misc Post Supplies Tel 3, Util TOTAL Office 36, Planning Administration Salaries 8, TOTAL Administration 8, Misc TOTAL Planning 9, Street Lighting Tax Coll Bill Services TOTAL Bill Contract Post Sal TOTAL Tax Coll Training Officials Staff TOTAL Training Travel 1,702.39

7 Cash Flow Report FY2013 YTD 7/1/2013 Through 10/31/ /14/2013 Page 5 7/1/2013- Category Description 10/31/2013 TOTAL EXPENSES 66, TRANSFERS FROM Check Min Spgs 30, FROM MM Sav ParkSterling 20, TO Check Min Spgs -20, TO MM Sav ParkSterling -30, TOTAL TRANSFERS 0.00 OVERALL TOTAL -49,731.34

8 Account Balances History Report (Includes unrealized gains) As of 10/31/ /14/2013 Page 1 6/29/2013 6/30/2013 7/31/2013 8/31/2013 9/30/ /31/2013 Account Balance Balance Balance Balance Balance Balance ASSETS Cash and Bank Accounts Check Min Spgs 23, , , , , , Copper Run Escrow 66, , , , , , Estates at Soen Escrow 28, , , , , , MM Sav Min Spgs 10, , , , , , MM Sav ParkSterling 470, , , , , , NCCMT_Cash 1, , , , , , TOTAL Cash and Bank Accounts 600, , , , , , Other Assets State Revenues Receivable , , , TOTAL Other Assets , , , TOTAL ASSETS 600, , , , , , LIABILITIES Other Liabilities Accounts Payable , Escrows 94, , , , , , TOTAL Other Liabilities 94, , , , , , TOTAL LIABILITIES 94, , , , , , OVERALL TOTAL 506, , , , , ,905.55

9 Mineral Springs Monthly Revenue Summary TOWN OF MINERAL SPRINGS REVENUE SUMMARY Source Budget Receivable Rec'd YTD % of Budget July August September October November Property Tax - prior $ 3, $ (66.68) $ 3, % $ $ $ $ 1, Property Tax $ 64, $ 58, $ 5, % $ - $ $ 3, $ 2, Dupl. Property Tax $ - $ - $ - $ - $ - $ - $ - Franchise Taxes: cable $ 2, $ 1, $ % $ - $ $ - $ - Franchise Taxes: utility $ 180, $ 180, $ - 0.0% $ - $ - $ - $ - Fund Balance Approp. $ - $ - $ - $ - $ - $ - $ - Gross Receipts Tax $ - $ - $ - $ - $ - $ - $ - Interest $ 1, $ $ % $ $ $ $ Sales Tax $ 45, $ 42, $ 3, % $ - $ - $ 1, $ 1, Vehicle Taxes $ 4, $ 3, $ 1, % $ - $ $ $ Zoning Fees $ 3, $ 1, $ 1, % $ $ $ $ Other $ - $ - $ - $ - Totals $ 304, $ 287, $ 16, % $ $ 2, $ 6, $ 7, $ - Property Tax - prior Property Tax Dupl. Property Tax Franchise Taxes: cable Franchise Taxes: utility Fund Balance Approp. Gross Receipts Tax Interest Sales Tax Vehicle Taxes Zoning Fees Other December January February March April May June June a/r Totals $ - $ - $ - $ - $ - $ - $ - $ - $ - Prepared by Rick Becker 11/12/2013 Page 1

10 Mineral Springs Budget Comparison TOWN OF MINERAL SPRINGS BUDGET COMPARISON Appropriation dept Budget Unspent Spent YTD % of BudgeJuly August September October November Advertising $ 1, $ 1, $ % $ - $ - $ $ - Attorney $ 9, $ 7, $ 1, % $ $ 1, $ $ Audit $ 4, $ 4, $ - 0.0% $ - $ - $ - $ - Community Projects $ 19, $ 18, $ 1, % $ $ - $ - $ 1, Contingency $ 3, $ 3, $ - 0.0% $ - $ - $ - $ - Dues $ 4, $ 3, $ 1, % $ 1, $ $ - $ - Elections $ 4, $ 4, $ - 0.0% $ - $ - $ - $ - Employee Overhead $ 24, $ 16, $ 8, % $ 2, $ 2, $ 1, $ 1, Fire Department $ 12, $ 12, $ - 0.0% $ - $ - $ - $ - Insurance $ 4, $ $ 3, % $ 3, $ - $ - $ - Newsletter $ 2, $ 2, $ - 0.0% $ - $ - $ - $ - Office $ 113, $ 76, $ 36, % $ 9, $ 8, $ 9, $ 8, Planning & Zoning $ 37, $ 28, $ 9, % $ 2, $ 2, $ 2, $ 2, Street Lighting $ 2, $ 1, $ % $ - $ $ $ Tax Collection $ 3, $ 2, $ % $ $ $ $ Training $ 3, $ 2, $ % $ - $ $ - $ Travel $ 3, $ 1, $ 1, % $ 1, $ - $ $ - Capital Outlay $ 50, $ 50, $ - 0.0% $ - $ - $ - $ - Totals $ 304, $ 237, $ 66, % $ 21, $ 14, $ 15, $ 14, $ - Off Budget: Tax Refunds Interfund Transfers Total Off Budget: $ - $ - $ - $ - $ - $ - Prepared by Rick Becker 11/12/2013 Page 1

11 October 2013 Cash Flow Report 10/1/2013 Through 10/31/ /12/2013 Page 1 10/1/2013- Category Description 10/31/2013 INCOME Interest Income Other Inc Zoning TOTAL Other Inc Prop Tax 2013 Receipts 2013 Int 0.00 Tax 2, TOTAL Receipts , TOTAL Prop Tax , Prop Tax Prior Years Prop Tax 2002 Receipts 2002 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2003 Receipts 2003 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2004 Receipts 2004 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2005 Receipts 2005 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2006 Receipts 2006 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2007 Receipts 2007 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2008 Receipts 2008

12 October 2013 Cash Flow Report 10/1/2013 Through 10/31/ /12/2013 Page 2 10/1/2013- Category Description 10/31/2013 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2009 Receipts 2009 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2010 Receipts 2010 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2011 Receipts 2011 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2012 Receipts 2012 Int 1.53 Tax TOTAL Receipts TOTAL Prop Tax TOTAL Prop Tax Prior Years 1, Sales Tax Sales & Use Dist 1, TOTAL Sales Tax 1, Veh Tax Coll TOTAL Coll Int Int Int Int Int Int Int Tax Tax

13 October 2013 Cash Flow Report 10/1/2013 Through 10/31/ /12/2013 Page 3 10/1/2013- Category Description 10/31/2013 Tax Tax Tax Tax Tax TOTAL Veh Tax TOTAL INCOME 7, EXPENSES Uncategorized 0.00 Attorney Community Donation Maint TOTAL Community 1, Emp Benefits Dental Life NCLGERS Vision TOTAL Benefits FICA Med Soc Sec TOTAL FICA Payroll SUI Work Comp 7.00 TOTAL Emp 1, Office Bank Clerk 2, Council Deputy Clerk Finance Officer 2, Maint Materials Service TOTAL Maint Mayor Misc Post Supplies Tel Util TOTAL Office 8, Planning Administration Salaries 2, TOTAL Administration 2,255.00

14 October 2013 Cash Flow Report 10/1/2013 Through 10/31/ /12/2013 Page 4 10/1/2013- Category Description 10/31/2013 TOTAL Planning 2, Street Lighting Tax Coll Bill Services TOTAL Bill Contract Sal TOTAL Tax Coll Training Officials TOTAL Training TOTAL EXPENSES 14, OVERALL TOTAL -7,536.87

15 Register Report 10/1/2013 Through 10/31/ /14/2013 Page 1 Date Num Description Memo Category Amount BALANCE 9/30/ , /2/ Verizon Wireless (FY... Office:Tel /2/ NC Interlocal Risk M...Cust #587 Inv #I Emp:Work Comp /2/ US Postal Service ( (FY2013) Office:Post /3/ Xerox Corporation I/N (FY20... Office:Supplies /3/ Taylor & Sons Mowi... I/N /13 (FY2013) Office:Maint:Service /3/2013 EFT Debit Card (Lowe's) Flagpole lights (FY2013) Office:Maint:Materials /10/ Janet Critz Reimbursement: food f... Office:Misc /10/ UNC School Of Gov... I/N IN41127 Legilative... Training:Officials /10/ Municipal Insurance... Emp:Benefits:Life Emp:Benefits:Dental Emp:Benefits:Vision /11/2013 EFT Union County NCVTS 08/13 (FY2013) Veh Tax:Tax /11/2013 EFT...Union County Prop Tax 2013:Receipts 2013:Tax 2, Prop Tax 2013:Receipts 2013:Int 0.00 Prop Tax Prior Years:Prop Tax 2012:Re Prop Tax Prior Years:Prop Tax 2012:Re Tax Coll:Contract Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: Veh Tax:Tax Veh Tax:Int Veh Tax:Coll: /15/ Waxhaw-Mineral Sp... Contribution (FY2013) Community:Donation /15/ Clark, Griffin & McC... I/N /13 (FY2013) Attorney /15/ **VOID**Duke Power wrong amount (FY2013) /15/ Duke Power (Old Scho...Office:Util /15/ Ken Newell Welcome Signs 07/13... Community:Maint /15/ Union County Public *00 (FY2013) Office:Util /15/ Duke Power (FY2013) Office:Util /15/2013 EFT NC Department of R... 08/13 (FY2013) Sales Tax:Sales & Use Dist 1, /16/2013 EFT American Communit... Service Charge Refun... Office:Bank /16/2013 EFT American Communit... Service Charge Refun... Office:Bank /18/2013 EFT Advantage Payroll T... Credit SUI 08/13 (FY2... Emp:SUI /28/ Duke Power (FY2013) Street Lighting

16 Register Report 10/1/2013 Through 10/31/ /14/2013 Page 2 Date Num Description Memo Category Amount 10/28/ Jan-Pro Cleaning Sy...I/N Janitorial 10/...Office:Maint:Service /28/ Windstream (FY2013) Office:Tel /28/ Windstream (FY2013) Office:Tel /28/ Verizon Wireless (FY... Office:Tel /28/ Mosca Design I/N Christmas Li... Community:Maint /29/ LexisNexis I/N Tax Coll:Bill:Services /30/2013 EFT...Advantage Payroll Salary 10/13 Office:Clerk -2, Supplement 10/13 Office:Clerk 0.00 Hours 10/13 Office:Deputy Clerk Salary 10/13 Office:Finance Officer -2, Salary 10/13 Office:Mayor Salary 10/13 Office:Council Salary 10/13 Planning:Administration:Salaries -2, Salary 10/13 Tax Coll:Sal Emp:FICA:Soc Sec Emp:FICA:Med /31/2013 DEP... Deposit Prop Tax Prior Years:Prop Tax 2011:Re Prop Tax Prior Years:Prop Tax 2011:Re Prop Tax Prior Years:Prop Tax 2010:Re Prop Tax Prior Years:Prop Tax 2010:Re Prop Tax Prior Years:Prop Tax 2009:Re Prop Tax Prior Years:Prop Tax 2009:Re Prop Tax Prior Years:Prop Tax 2008:Re Prop Tax Prior Years:Prop Tax 2008:Re Prop Tax Prior Years:Prop Tax 2007:Re Prop Tax Prior Years:Prop Tax 2007:Re Prop Tax Prior Years:Prop Tax 2006:Re Prop Tax Prior Years:Prop Tax 2006:Re Prop Tax Prior Years:Prop Tax 2005:Re Prop Tax Prior Years:Prop Tax 2005:Re Prop Tax Prior Years:Prop Tax 2004:Re Prop Tax Prior Years:Prop Tax 2004:Re Prop Tax Prior Years:Prop Tax 2003:Re Prop Tax Prior Years:Prop Tax 2003:Re Prop Tax Prior Years:Prop Tax 2002:Re Prop Tax Prior Years:Prop Tax 2002:Re /31/2013 DEP Deposit #481a (FY2013) Other Inc:Zoning /31/2013 DEP... Deposit Prop Tax Prior Years:Prop Tax 2011:Re Prop Tax Prior Years:Prop Tax 2011:Re Prop Tax Prior Years:Prop Tax 2010:Re Prop Tax Prior Years:Prop Tax 2010:Re Prop Tax Prior Years:Prop Tax 2009:Re Prop Tax Prior Years:Prop Tax 2009:Re Prop Tax Prior Years:Prop Tax 2008:Re Prop Tax Prior Years:Prop Tax 2008:Re Prop Tax Prior Years:Prop Tax 2007:Re Prop Tax Prior Years:Prop Tax 2007:Re Prop Tax Prior Years:Prop Tax 2006:Re Prop Tax Prior Years:Prop Tax 2006:Re Prop Tax Prior Years:Prop Tax 2005:Re Prop Tax Prior Years:Prop Tax 2005:Re Prop Tax Prior Years:Prop Tax 2004:Re

17 Register Report 10/1/2013 Through 10/31/ /14/2013 Page 3 Date Num Description Memo Category Amount Prop Tax Prior Years:Prop Tax 2004:Re Prop Tax Prior Years:Prop Tax 2003:Re Prop Tax Prior Years:Prop Tax 2003:Re Prop Tax Prior Years:Prop Tax 2002:Re Prop Tax Prior Years:Prop Tax 2002:Re /31/2013 EFT Advantage Payroll F... 10/13 (FY2013) Emp:Payroll /31/2013 EFT...NC State Treasurer 9/13 LGERS contributionoffice:clerk /13 LGERS contributionoffice:finance Officer /13 LGERS contributionplanning:administration:salaries /13 employer contribu... Emp:Benefits:NCLGERS /31/2013 EFT American Communit... Service Charge 10/13 (...Office:Bank TOTAL 10/1/ /31/2013-7, BALANCE 10/31/ , TOTAL INFLOWS 7, TOTAL OUTFLOWS -14, NET TOTAL -7,672.51

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19 October 2013 Revenue Details

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21 NC Sales and Use Distribution August 2013 Collections Summary October 10, 2013 ARTICLE 39 ARTICLE 40 ARTICLE 42 ARTICLE 43 ARTICLE 44 ARTICLE 45 ARTICLE 46 CITY HH TOTAL UNION (Ad Valorem) $ 1,166, $ 847, $ 620, $ - $ (53.37) $ - $ - $ (200,966.92) $ 2,433, FAIRVIEW $ $ $ $ - $ (0.03) $ - $ - $ $ 1, HEMBY BRIDGE $ - $ - $ - $ - $ - $ - $ - $ - $ - INDIAN TRAIL $ 46, $ 33, $ 24, $ - $ (2.11) $ - $ - $ 33, $ 137, LAKE PARK $ 4, $ 3, $ 2, $ - $ (0.20) $ - $ - $ 3, $ 13, MARSHVILLE $ 5, $ 3, $ 2, $ - $ (0.24) $ - $ - $ 3, $ 15, MARVIN $ 3, $ 2, $ 2, $ - $ (0.18) $ - $ - $ 2, $ 11, MINERAL SPRINGS $ $ $ $ - $ (0.04) $ - $ - $ $ 1, MINT HILL * $ $ $ $ - $ - $ - $ - $ $ MONROE $ 140, $ 102, $ 74, $ - $ (6.44) $ - $ - $ 103, $ 421, STALLINGS * $ 25, $ 18, $ 13, $ - $ (1.15) $ - $ - $ 18, $ 75, UNIONVILLE $ $ $ $ - $ (0.03) $ - $ - $ $ 2, WAXHAW $ 33, $ 24, $ 17, $ - $ (1.54) $ - $ - $ 24, $ 100, WEDDINGTON * $ 7, $ 5, $ 4, $ - $ (0.35) $ - $ - $ 5, $ 22, WESLEY CHAPEL $ 1, $ $ $ - $ (0.05) $ - $ - $ $ 3, WINGATE $ 3, $ 2, $ 1, $ - $ (0.17) $ - $ - $ 2, $ 11,176.43

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24 County of Union, Monroe, NC Check Number: Invoice Date Invoice Number Description Invoice Amount 10/09/ AUG 2013 MOTOR VEH TAX/ NCVTS $75.11 Vendor No. Vendor Name Check No. Check Date Check Amount TOWN OF MINERAL SPRINGS /11/ County of Union 500 North Main Street Monroe, North Carolina Vendor Number Check Date Check Number /11/ "This disbursement has been approved as required by the Local Government Budget and Fiscal Control Act." $75.11 Pay To The Order Of Seventy Five Dollars and 11 cents ****** TOWN OF MINERAL SPRINGS E. ANDREWS-HINSON, TAX COLLECT PO BOX 600 MINERAL SPRINGS NC EFT COPY NON-NEGOTIABLE AP County of Union 500 North Main Street Monroe, North Carolina ADDRESS SERVICE REQUESTED TOWN OF MINERAL SPRINGS E. ANDREWS-HINSON, TAX COLLECT PO BOX 600 MINERAL SPRINGS NC 28108