FINANCE REPORT DECEMBER 2013

Transcription

1 Agenda Item # 2/13/14 Town of Mineral Springs FINANCE REPORT DECEMBER 2013 Prepared for: The Mineral Springs Town Council By: Frederick Becker III Finance Officer February 13, 2014

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3 Cash Flow Report FY2013 YTD 7/1/2013 Through 12/31/2013 1/21/2014 Page 1 7/1/2013- Category Description 12/31/2013 INCOME Dup Prop Tax Receipts Refunds TOTAL Dup Prop Tax 0.00 Franchise Cable 1, Util 60, TOTAL Franchise 61, Interest Income Other Inc Zoning 2, TOTAL Other Inc 2, Prop Tax 2013 Receipts 2013 Int 0.44 Tax 34, 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 Refunds 2002 Int TOTAL Refunds 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

4 Cash Flow Report FY2013 YTD 7/1/2013 Through 12/31/2013 1/21/2014 Page 2 7/1/2013- Category Description 12/31/2013 Tax TOTAL Receipts Refunds 2004 Int TOTAL Refunds 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 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

5 Cash Flow Report FY2013 YTD 7/1/2013 Through 12/31/2013 1/21/2014 Page 3 7/1/2013- Category Description 12/31/2013 Prop Tax 2011 Receipts 2011 Int Tax TOTAL Receipts Refunds 2011 Int TOTAL Refunds TOTAL Prop Tax Prop Tax 2012 Receipts 2012 Int Tax TOTAL Receipts TOTAL Prop Tax TOTAL Prop Tax Prior Years 4, Sales Tax Cable TV 5, Natural Gas Excise Refunds State TOTAL Refunds Sales & Use Dist 6, telecommunications 1, TOTAL Sales Tax 13, Veh Tax Coll TOTAL Coll Int Int Int Int Int Int Int Int Tax Tax Tax Tax Tax Tax Tax

6 Cash Flow Report FY2013 YTD 7/1/2013 Through 12/31/2013 1/21/2014 Page 4 7/1/2013- Category Description 12/31/2013 Tax , TOTAL Veh Tax 2, TOTAL INCOME 120, EXPENSES Uncategorized 0.00 Ads Attorney 2, Audit 4, Capital Outlay Beautification TOTAL Capital Outlay Community Donation Greenway Maint 1, Special Events TOTAL Community 1, Dues 4, Elections 2, Emp Benefits Dental Life NCLGERS 5, Vision TOTAL Benefits 5, Bond FICA Med Soc Sec 3, TOTAL FICA 3, Payroll SUI Work Comp TOTAL Emp 11, Ins 3, Newsletter Post Printing TOTAL Newsletter Office Bank Clerk 15, Council 3, Deputy Clerk 3, Equip Finance Officer 14, Maint Materials Service 5,277.25

7 Cash Flow Report FY2013 YTD 7/1/2013 Through 12/31/2013 1/21/2014 Page 5 7/1/2013- Category Description 12/31/2013 TOTAL Maint 5, Mayor 2, Misc Post Supplies 1, Tel 4, Util 1, TOTAL Office 52, Planning Administration Salaries 13, TOTAL Administration 13, Misc TOTAL Planning 13, Street Lighting Tax Coll Bill Services TOTAL Bill Contract Post Sal TOTAL Tax Coll 1, Training Officials Staff TOTAL Training Travel 2, TOTAL EXPENSES 105, TRANSFERS FROM Check Min Spgs 90, FROM MM Sav ParkSterling 20, TO Check Min Spgs -20, TO MM Sav ParkSterling -90, TOTAL TRANSFERS 0.00 OVERALL TOTAL 15,072.26

8 Account Balances History Report (Includes unrealized gains) As of 12/31/2013 1/23/2014 Page 1 6/29/2013 6/30/2013 7/31/2013 8/31/2013 9/30/2013 Account 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, , , , ,442.42

9 Account Balances History Report (Includes unrealized gains) As of 12/31/2013 1/23/2014 Page 2 10/31/ /30/ /31/2013 Balance Balance Balance 18, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,709.15

10 Mineral Springs Budget Comparison TOWN OF MINERAL SPRINGS BUDGET COMPARISON (Includes amendment ) Appropriation dept Budget Unspent Spent YTD % of BudgeJuly August September October November Advertising $ 1, $ 1, $ % $ - $ - $ $ - $ - Attorney $ 9, $ 7, $ 2, % $ $ 1, $ $ $ Audit $ 4, $ - $ 4, % $ - $ - $ - $ - $ - Community Projects $ 19, $ 17, $ 1, % $ $ - $ - $ 1, $ - Contingency $ 2, $ 2, $ - 0.0% $ - $ - $ - $ - $ - Dues $ 5, $ 1, $ 4, % $ 1, $ $ - $ - $ - Elections $ 4, $ 2, $ 2, % $ - $ - $ - $ - $ - Employee Overhead $ 24, $ 12, $ 11, % $ 2, $ 2, $ 1, $ 1, $ 1, Fire Department $ 12, $ 12, $ - 0.0% $ - $ - $ - $ - $ - Insurance $ 4, $ $ 3, % $ 3, $ - $ - $ - $ - Newsletter $ 2, $ 1, $ % $ - $ - $ - $ - $ Office $ 113, $ 60, $ 52, % $ 9, $ 8, $ 9, $ 8, $ 8, Planning & Zoning $ 37, $ 23, $ 13, % $ 2, $ 2, $ 2, $ 2, $ 2, Street Lighting $ 2, $ 1, $ % $ - $ $ $ $ - Tax Collection $ 3, $ 2, $ 1, % $ $ $ $ $ Training $ 3, $ 2, $ % $ - $ $ - $ $ - Travel $ 3, $ $ 2, % $ 1, $ - $ $ - $ Capital Outlay $ 50, $ 49, $ % $ - $ - $ - $ - $ - Totals $ 304, $ 199, $ 105, % $ 21, $ 14, $ 15, $ 14, $ 13, Off Budget: Tax Refunds Interfund Transfers Total Off Budget: $ - $ - $ - $ - $ - $ - Prepared by Rick Becker 1/21/2014 Page 1

11 Mineral Springs Budget Comparison Appropriation dept December January February March April May June June a/p Advertising $ Attorney $ Audit $ 4, Community Projects $ Contingency $ - Dues $ 3, Elections $ 2, Employee Overhead $ 1, Fire Department $ - Insurance $ - Newsletter $ - Office $ 8, Planning & Zoning $ 2, Street Lighting $ Tax Collection $ Training $ - Travel $ - Capital Outlay $ $ 24, $ - $ - $ - $ - $ - $ - $ - Off Budget: Tax Refunds Interfund Transfers $ - $ - $ - $ - $ - $ - $ - $ - Prepared by Rick Becker 1/21/2014 Page 2

12 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, $ (1,030.50) $ 4, % $ $ $ $ 1, $ Property Tax $ 64, $ 29, $ 34, % $ - $ $ 3, $ 2, $ 10, Dupl. Property Tax $ - $ - $ - $ - $ - $ - $ - $ - Franchise Taxes: cable $ 2, $ $ 1, % $ - $ $ - $ - $ Franchise Taxes: utility $ 180, $ 119, $ 60, % $ - $ - $ - $ - $ - Fund Balance Approp. $ - $ - $ - $ - $ - $ - $ - $ - Gross Receipts Tax $ - $ - $ - $ - $ - $ - $ - $ - Interest $ 1, $ $ % $ $ $ $ $ Sales Tax $ 45, $ 32, $ 13, % $ - $ - $ 1, $ 1, $ 2, Vehicle Taxes $ 4, $ 2, $ 2, % $ - $ $ $ $ Zoning Fees $ 3, $ $ 2, % $ $ $ $ $ Other $ - $ - $ - $ - $ - $ - $ - $ - Totals $ 304, $ 184, $ 120, % $ $ 2, $ 6, $ 7, $ 15, Property Tax - prior $ Property Tax $ 18, Dupl. Property Tax $ - Franchise Taxes: cable $ - Franchise Taxes: utility $ 60, Fund Balance Approp. $ - Gross Receipts Tax $ - Interest $ Sales Tax $ 8, Vehicle Taxes $ Zoning Fees $ Other $ - December January February March April May June June a/r Totals $ 88, $ - $ - $ - $ - $ - $ - $ - $ - Prepared by Rick Becker 1/21/2014 Page 1

13 December Cash Flow 12/1/2013 Through 12/31/2013 1/21/2014 Page 1 12/1/2013- Category Description 12/31/2013 INCOME Franchise Util 60, TOTAL Franchise 60, Interest Income Other Inc Zoning TOTAL Other Inc Prop Tax 2013 Receipts 2013 Int 0.00 Tax 18, TOTAL Receipts , TOTAL Prop Tax , Prop Tax Prior Years Prop Tax 2003 Receipts 2003 Int Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2004 Receipts 2004 Int 9.42 Tax 0.00 TOTAL Receipts TOTAL Prop Tax Prop Tax 2005 Receipts 2005 Int 7.47 Tax TOTAL Receipts TOTAL Prop Tax Prop Tax 2006 Receipts 2006 Int 0.00 Tax 0.00 TOTAL Receipts TOTAL Prop Tax Prop Tax 2007 Receipts 2007 Int Tax 8.14 TOTAL Receipts TOTAL Prop Tax Prop Tax 2008 Receipts 2008 Int Tax TOTAL Receipts

14 1/21/2014 Page 2 12/1/2013- Category Description 12/31/2013 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 3.10 Tax 8.42 TOTAL Receipts TOTAL Prop Tax TOTAL Prop Tax Prior Years Sales Tax Cable TV 5, Natural Gas Excise Sales & Use Dist 1, telecommunications 1, TOTAL Sales Tax 8, Veh Tax Coll TOTAL Coll Int Int Int Int Tax Tax Tax Tax TOTAL Veh Tax TOTAL INCOME 88, EXPENSES December Cash Flow 12/1/2013 Through 12/31/2013

15 December Cash Flow 12/1/2013 Through 12/31/2013 1/21/2014 Page 3 12/1/2013- Category Description 12/31/2013 Uncategorized 0.00 Ads Attorney Audit 4, Capital Outlay Beautification TOTAL Capital Outlay Community Maint Special Events TOTAL Community Dues 3, Elections 2, Emp Benefits Dental Life NCLGERS Vision TOTAL Benefits FICA Med Soc Sec TOTAL FICA Payroll SUI TOTAL Emp 1, Office Bank Clerk 2, Council Deputy Clerk Equip Finance Officer 2, Maint Service TOTAL Maint Mayor 0.00 Post Supplies Tel Util TOTAL Office 8, Planning Administration Salaries 2, TOTAL Administration 2, TOTAL Planning 2, Street Lighting Tax Coll Contract

16 December Cash Flow 12/1/2013 Through 12/31/2013 1/21/2014 Page 4 12/1/2013- Category Description 12/31/2013 Sal TOTAL Tax Coll TOTAL EXPENSES 24, TRANSFERS FROM Check Min Spgs 60, TO MM Sav ParkSterling -60, TOTAL TRANSFERS 0.00 OVERALL TOTAL 63,426.48

17 Register Report 12/1/2013 Through 12/31/2013 1/21/2014 Page 1 Date Num Description Memo Category Amount 12/2/ Windstream (FY2013)Office:Tel /2/ Windstream (FY2013)Office:Tel /2/ Duke Power (FY20... Street Lighting /2/ NC Division Of E... Acct # Emp:SUI /2/ Heritage Propane gal. (... Office:Util /2/ Verizon Wireless Office:Tel /3/2013 EFT Point And Pay Permit (FY2013) Other Inc:Zoning /4/2013 EFT Debit Card (Lowe's) Photocells - snowfl... Community:Maint /9/2013 EFT...Union County Veh Tax:Tax Veh Tax:Coll Veh Tax:Coll /10/ Jan-Pro Cleaning...I/N Janitorial...Office:Maint:Service /10/ Xerox Corporation I/N (FY... Office:Supplies /10/ Taylor & Sons Mo... I/N /13 (FY... Office:Maint:Service /10/ Union County Ch... Membership dues I... Dues /10/ The Enquirer-Jour (FY2013) Ads /10/ Forms & Supply, I... I/N Ink... Office:Supplies /10/ Clark, Griffin & M... I/N /13 (FY... Attorney /10/ Municipal Insuran... Emp:Benefits:Life Emp:Benefits:Dental Emp:Benefits:Vision /10/ Robert M Burns,... Audit FY (... Audit -4, /10/ Sign Pro Christmas light inst... Community:Maint /11/2013EFT Debit Card (Office... Misc supplies, tape... Office:Supplies /11/2013EFT Debit Card (Post... Change Service: 5... Office:Post /13/2013DE... Deposit Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax /13/2013DEP Deposit #484a (FY2013) Other Inc:Zoning /16/2013EFT...Union County Prop Tax 2013:Receipts 2013:Tax 18, Prop Tax 2013:Receipts 2013:Int 0.00 Prop Tax Prior Years:Prop Tax Prop Tax Prior Years:Prop Tax Tax Coll:Contract Veh Tax:Tax Veh Tax:Int

18 Register Report 12/1/2013 Through 12/31/2013 1/21/2014 Page 2 Date Num Description Memo Category Amount 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: /16/2013EFT...NC Department of... Franchise:Util 60, Sales Tax:Cable TV 5, Sales Tax:telecommunications 1, Sales Tax:Natural Gas Excise /16/2013EFT NC Department of...10/13 (FY2013) Sales Tax:Sales & Use Dist 1, /16/2013EFT Debit Card (Harris...Coffee, muffins for... Community:Special Events /17/2013EFT Debit Card (Kang... Donuts for CWTM (...Community:Special Events /17/ Union County Ch... Membership dues:... Dues /17/ Mosca Design I/N Christma...Capital Outlay:Beautification /17/ Union County Pu *00 (FY2013) Office:Util /17/ NC League Of Mu Dues I/N I000...Dues -3, /17/ Union County Bo... Municipal Election... Elections -2, /17/ Duke Power (FY20... Street Lighting /17/ Duke Power (FY20... Office:Util /17/ Duke Power (Old... Office:Util /17/ Forms & Supply, I... I/N Coff... Office:Equip /17/ Windstream (FY2013)Office:Tel /17/ Windstream (FY2013)Office:Tel /17/ **VOID** misprint (FY2013) /17/2013TXFR Transfer Money transfer (FY2013) [MM Sav ParkSterling] -60, /30/2013EFT Debit Card (Post... Postage: plat (FY2... Office:Post /31/2013EFT...Advantage Payroll Salary 12/13 Office:Clerk -2, Supplement 12/13 Office:Clerk 0.00 Hours 12/13 Office:Deputy Clerk Salary 12/13 Office:Finance Officer -2, Salary 12/13 Office:Mayor 0.00 Salary 12/13 Office:Council Salary 12/13 Planning:Administration:Salaries -2, Salary 12/13 Tax Coll:Sal Emp:FICA:Soc Sec Emp:FICA:Med /31/2013EFT Advantage Payrol... 12/13 (FY2013) Emp:Payroll /31/2013EFT...NC State Treasurer 11/13 LGERS cont... Office:Clerk /13 LGERS cont... Office:Finance Officer /13 LGERS cont... Planning:Administration:Salaries /13 employer co... Emp:Benefits:NCLGERS /31/2013EFT Yadkin Bank Service Charge 12/...Office:Bank TOTAL 12/1/ /31/2013 3, TOTAL INFLOWS 88, TOTAL OUTFLOWS -84,883.88

19 Register Report 12/1/2013 Through 12/31/2013 1/21/2014 Page 3 Date Num Description Memo Category Amount NET TOTAL 3,283.37

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21 December 2013 Revenue Details Inter-bank Transfers

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23 NC Sales & Use Distribution October 2013 Collections Summary December 11, 2013 ARTICLE 39 ARTICLE 40 ARTICLE 42 ARTICLE 43 ARTICLE 44 ARTICLE 45 ARTICLE 46 CITY HH TOTAL UNION (Ad Valorem) $ 1,211, $ 832, $ 645, $ - $ $ - $ - $ (191,396.22) $ 2,499, FAIRVIEW $ $ $ $ - $ 0.38 $ - $ - $ $ 1, HEMBY BRIDGE $ - $ - $ - $ - $ - $ - $ - $ - $ - INDIAN TRAIL $ 47, $ 32, $ 25, $ - $ $ - $ - $ 32, $ 138, LAKE PARK $ 4, $ 3, $ 2, $ - $ 2.79 $ - $ - $ 3, $ 13, MARSHVILLE $ 5, $ 3, $ 2, $ - $ 3.33 $ - $ - $ 3, $ 15, MARVIN $ 4, $ 2, $ 2, $ - $ 2.43 $ - $ - $ 2, $ 11, MINERAL SPRINGS $ $ $ $ - $ 0.33 $ - $ - $ $ 1, MINT HILL * $ $ $ $ - $ 0.03 $ - $ - $ $ MONROE $ 146, $ 100, $ 77, $ - $ $ - $ - $ 98, $ 423, STALLINGS * $ 26, $ 17, $ 13, $ - $ $ - $ - $ 17, $ 75, UNIONVILLE $ $ $ $ - $ 0.47 $ - $ - $ $ 2, WAXHAW $ 35, $ 24, $ 18, $ - $ $ - $ - $ 23, $ 101, WEDDINGTON * $ 7, $ 5, $ 4, $ - $ 4.76 $ - $ - $ 5, $ 22, WESLEY CHAPEL $ 1, $ $ $ - $ 0.72 $ - $ - $ $ 3, WINGATE $ 3, $ 2, $ 2, $ - $ 2.34 $ - $ - $ 2, $ 11,225.87

24 MINERAL SPRINGS Jurisdiction # 990 Vendor: Invoice#: NCVTS Description: NCVTS COLLECTIONS - OCTOBER Invoice Date: 10/1/2013 Due Date: 10/31/2013 $ Collections 2.41 Deposit Interest Allocation (7.47) Cr/Dr Card Allocation Acct# $

25 County of Union, Monroe, NC Check Number: Invoice Date Invoice Number Description Invoice Amount 10/01/ NCVTS OCT 2013 NCVTS COLLECTIONS $ Vendor No. Vendor Name Check No. Check Date Check Amount TOWN OF MINERAL SPRINGS /09/ County of Union 500 North Main Street Monroe, North Carolina Vendor Number Check Date Check Number /09/ "This disbursement has been approved as required by the Local Government Budget and Fiscal Control Act." $ Pay To The Order Of Two Hundred Ninety Dollars and 56 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

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28 Gas, Power, Telecommunications, and Video Programming Distribution Distribution Date For Quarter Ending September 30, 2013 Deposit Date December 16, 2013 December 16, 2013 Sales Tax on Sales Tax Excise Tax On Franchise Tax on Telecommunication On Video Total Local Government Piped Natural Gas Electric Power Services Programming Distribution County of Union $ - $ - $ - $ 128, $ 128, Town of Fairview $ $ 28, $ 9, $ 2, $ 39, Town of Hemby Bridge $ $ 11, $ 4, $ 3, $ 19, Town of Indian Trail $ 21, $ 266, $ 25, $ 73, $ 386, Town of Lake Park $ $ 21, $ $ 5, $ 27, Town of Marshville $ - $ 35, $ 6, $ 3, $ 44, Town of Marvin $ $ 45, $ 16, $ 16, $ 78, Town of Mineral Springs $ $ 60, $ 1, $ 5, $ 66, City of Monroe $ 1, $ 520, $ 96, $ 55, $ 673, Town of Stallings $ 3, $ 131, $ 2, $ 42, $ 179, Town of Unionville $ - $ 44, $ 16, $ 6, $ 68, Town of Waxhaw $ 2, $ 87, $ 18, $ 40, $ 148, Town of Weddington $ 1, $ 86, $ 2, $ 23, $ 112, Village of Wesley Chapel $ 1, $ 59, $ 2, $ 23, $ 86, Town of Wingate $ - $ 22, $ 4, $ 5, $ 32, Page 1 of 1

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