General Fund Balance Sheet As of October 31, 2018

Transcription

1 12/01/18 Loutit District Library General Fund Balance Sheet As of October 31, 2018 Oct 31, 18 ASSETS Current Assets Checking/Savings CHEMICAL BANK CHECKING 693, CHEMICAL BANK FSA CHECKING 1, AAC CREDIT UNION SAVINGS 261, FLAGSTAR BANK 207, LAKE TRUST C. U. CD 260, PETTY CASH Total Checking/Savings 1,424, Accounts Receivable 1200 ACCOUNTS RECEIVABLE Total Accounts Receivable Other Current Assets 1499 UNDEPOSITED FUNDS 1, Total Other Current Assets 1, Total Current Assets 1,425, TOTAL ASSETS 1,425, LIABILITIES & FUND BALANCE Liabilities Current Liabilities Accounts Payable ACCOUNTS PAYABLE 48, Total Accounts Payable 48, Other Current Liabilities ACCRUED FLEX UR MEDICAL ACCRUED HEALTH INSURANCE 1, ACCRUED DENTAL INSURANCE ACCRUED VISION INSURANCE ACCRUED GENERAL PENSION ACCRUED UNITED WAY ACCRUED PAYROLL 36, ACCRUED PERSONAL TIME 4, ACCRUED VACATION & SICK 56, Total Other Current Liabilities 99, Total Current Liabilities 147, Total Liabilities 147, Page 1 of 2

2 12/01/18 Loutit District Library General Fund Balance Sheet As of October 31, 2018 Oct 31, 18 Fund Balance FUND BALANCE 889, Change in Fund Balance 387, Total Fund Balance 1,277, TOTAL LIABILITIES & FUND BALANCE 1,425, Page 2 of 2

3 12/01/18 Loutit District Library Revenue/Expense Report Revenue REVENUE GRAND HAVEN TWP-CURR PROP TAX , , % ROBINSON TWP-CURR PROP TAX , , % PORT SHELDON-CURR PROP TAX 305, , , % FERRYSBURG-CURR PROP TAX 167, , , % GH CITY-CURR PROP TAX 499, , , % DELINQUENT PERSONAL PROP. TAX % IFT TAX 3, , % TAX PENALTY & INTEREST , , % PER PROP TX STATE REIMBURSEMENT 63, , , % STATE AID-LIBRARY CO-OP SVC , , % STATE AID-LIBRARY , , % RENTAL CHARGES 4, , , % MISCELLANEOUS INCOME , , % ROOM RENTAL % PENAL FINES 100, , , % FINES&PENALTIES-LIB MATERIALS 10, , , % INTEREST AND DIVIDENDS 1, , , % SALE OF ASSETS % DONATIONS TO LIBRARY , , % GRANTS , , % REFUNDS-REBATES-MISC , , % TRANSFER FROM MAINTENANCE FUND , , % APPRO FM FUND BALANCE , , % Total REVENUE 1,159, ,626, ,467, % Total Revenue 1,159, ,626, ,467, % Gross Revenue 1,159, ,626, ,467, % Page 1 of 3

4 12/01/18 Loutit District Library Revenue/Expense Report Expense ADMINISTRATION & OPERATION SALARIES & WAGES FULL TIME WAGES 210, , , % PART TIME WAGES 94, , , % OVERTIME , , % Total SALARIES & WAGES 305, , , % EMPLOYEE BENEFITS SICK PAY , , % EMPLOYEE ASSISTANCE % LIFE/DISABILITY INSURANCE , , % HEALTH INSURANCE 64, , , % OPTICAL INSUR. & EXPENSES , , % DENTAL INSURANCE 4, , , % WORKERS COMP INSURANCE 2, , , % GEN PENSION DB-EMPLOYER CONT. 24, , , % RETIREMENT EMPLOYER CONTR 3, , , % GEN PENSION DC-EMPLOYER CONT. 2, , , % FICA-EMPLOYER 22, , , % Total EMPLOYEE BENEFITS 126, , , % EXPENDITURES PROFESSIONAL & CONTRACTUAL SVC 22, , , % PROF & CONT-LAKELAND LIB COOP 14, , , % TAX COLLECTION FEES 2, , % EMPLOYMENT-RELATED EXPENSES 1, , , % BUILDINGS & GROUNDS MAINTENANCE 16, , , % UTILITY COSTS 30, , , % CUSTODIAL SERVICE & SUPPLIES 22, , , % LEGAL FEES 1, , % AUDITING & ACCOUNTING SERVICES 6, , % BOOKS-NON FICTION 9, , , % BOOKS FOR YOUTH 4, , , % BOOKS FOR REFERENCE , , % BOOKS-FICTION 10, , , % ELECTRONIC DATABASES 7, , , % ELECTRONIC MATERIALS 27, , , % LIBRARY MATERIAL - GIFTS , , % YOUTH SERVICES EXPENSES , , % BOOKS GRANT EXPENSE , , % ADULT PROGRAMMING 8, , , % MUSIC , , % PERIODICALS & SUBSCRIPTIONS 5, , , % VIDEOS 3, , , % AUDIOBOOKS 4, , , % OPERATING MATERIALS & SUPPLIES 5, , , % Page 2 of 3

5 12/01/18 Loutit District Library Revenue/Expense Report COLLECTION MAINT SUPPLIES 3, , , % MEMBERSHIPS & DUES 4, , , % PRINTING & PROMOTIONS 4, , , % TELEPHONE , , % CABLE INTERNET , % POSTAGE 4, , , % TRANSPORTATION & LODGING 1, , , % PROFESSIONAL DEVELOPMENT , , % PROPERTY/LIABILITY INSURANCE 12, , % EQUIPMENT MAINTENANCE 13, , , % MISCELLANEOUS Uncollectable A/R MISCELLANEOUS - Other 1, , , % Total MISCELLANEOUS 2, , , % FEES - BANK AND CREDIT CARD , % CASH OVER & SHORT % PROPERTY TAX ADJUSTMENTS 1, , % FINES - TRANSFER OUT , % TRANSFER TO SPRING LAKE LIB 9, , % TRANSFER TO ZEELAND LIBRARY , , % TRANS. TO DEBT SERVICE FUND 35, , , % EQUIPMENT 14, , % CAPITAL IMPROVEMENTS 24, , , % Total EXPENDITURES 339, ,360, ,020, % Total ADMINISTRATION & OPERATION 771, ,626, ,855, % Total Expense 771, ,626, ,855, % Change in Fund Balance 387, , % Page 3 of 3

6 12/01/18 Loutit District Library Maintenance Fund Balance Sheet As of October 31, 2018 Oct 31, 18 ASSETS Current Assets Checking/Savings MACATAWA BANK CD 254, LAKE MICHIGAN CREDIT UNION 94, /3 MAINTENANCE FUND SECURITIES 795, /3 MAINT. FND MONEY MARKET 97, Total Checking/Savings 1,241, Total Current Assets 1,241, TOTAL ASSETS 1,241, LIABILITIES & FUND BALANCE Fund Balance Opening Fund Balance 1,238, UNREALIZED GAIN/LOSS INVESTMENT -6, Change in Fund Balance 8, Total Fund Balance 1,241, TOTAL LIABILITIES & FUND BALANCE 1,241,210.90

7 12/01/18 Loutit District Library Maintenance Fund Revenue & Expense Report Revenue MISCELLANEOUS INCOME , , % INTEREST INCOME 8, , % TRANSFER FROM GENERAL FUND % APPROPRIATED FROM FUND BALANCE , , % Total Revenue 8, , , % Expense MISCELLANEOUS % TRANSFER TO GENERAL FUND , , % Total Expense , , % Net Ordinary Revenue 8, , % Other Revnue/Expense Other Revenue REALIZED GAIN/LOSS INVESTEMENTS Total Other Revenue Net Other Revenue Change in Fund Balance 8, , %

8 12/01/18 LOUTIT DIST LIBRARY DEBT SERVICE A Balance Sheet As of October 31, 2018 Oct 31, 18 ASSETS Current Assets Checking/Savings CHEMICAL BANK DEBT SERV A 13, Total Checking/Savings 13, Total Current Assets 13, TOTAL ASSETS 13, LIABILITIES & FUND BALANCE Fund Balance Opening Fund Balance 37, Change in Fund Balance -24, Total Equity 13, TOTAL LIABILITIES & FUND BALANCE 13,057.50

9 12/01/18 LOUTIT DIST LIBRARY DEBT SERVICE A Revenue & Expense Report Revenue GRAND HAVEN TWP PROP TAX , , % ROBINSON TWP PROP TAX , , % PT SHELDON TWP PROP TAX , , % FERRYSBURG PROP TAX , , % GRAND HAVEN CITY PROP TAX , , % DELINQUENT PERS PROPERTY TAX % IFT TAX % TAX PENALTY % INTEREST INCOME % Total Revenue , , % Expense BOND PRINCIPAL , , % BOND INTEREST 24, , , % Total Expense 24, , , % Change in Fund Balance -24, , , %

10 12/01/18 LOUTIT DISTRICT LIBRARY DEBT SERVICE B Balance Sheet As of October 31, 2018 Oct 31, 18 ASSETS Current Assets Checking/Savings CHEMICAL BANK DEBT SERVICE B Total Checking/Savings Total Current Assets TOTAL ASSETS LIABILITIES & FUND BALANCE Fund Balance Opening Fund Balance Change in Fund Balance 1.19 Total Fund Balance TOTAL LIABILITIES & FUND BALANCE 49.67

11 12/01/18 LOUTIT DISTRICT LIBRARY DEBT SERVICE B Revenue & Expense Report Revenue INTEREST INCOME % TRANSFER FROM GENERAL FUND 35, , , % Total Revenue 35, , , % Expense BOND PRINCIPAL , , % BOND INTEREST 35, , , % Total Expense 35, , , % Change in Fund Balance , , %