HomeMy Public PortalAboutTBP 2014-10-01
FRASER BOARD OF TRUSTEES
MINUTES
DATE:
Wednesday, September 17, 2014
MEETING:
Board of Trustees Regular Meeting
PLACE:
Fraser Town Hall Board Room
PRESENT
Board:
Mayor Peggy Smith; Mayor Pro-Tem Philip Naill; Trustees; Eileen
Waldow, Katie Soles, Cody Clayton Taylor, Andy Miller and Jane Mather
Staff:
Town Manager Jeff Durbin; Town Clerk, Lu Berger; Public Works Director
Allen Nordin; Town Planner, Catherine Trotter; Town Attorney Rod
McGowan
Others:
See attached list
Mayor Smith called the meeting to order at 6:03 p.m.
1. Regular Meeting:
Roll Call
2. Approval of Agenda:
Agenda item 6b and 7a are cancelled due to a publication error.
motion
Trustee Soles moved, and Trustee Naill seconded the to approve the Agenda
Motion carried: 7-0.
as amended.
3. Executive Session
For a conference with the Town’s Attorney for the purpose
of receiving legal advice on specific legal questions under C.R.S. Section 24-6-
402(4) (b) and for the purpose of determining positions relative to matters that
may be subject to negotiations, developing strategy for negotiations, and/or
instructing negotiators, under C.R.S. Section 24-6-402(4)(e) regarding a
Subdivision Improvement Agreement and to include TM Durbin, TA McGowan, PW
Nordin and TP Trotter.
motion
Trustee Miller moved, and Trustee Taylor seconded the to enter executive
Motion carried: 7-0.
session.
Enter:
6:04 p.m.
Exit:
7:07 p.m.
motion
Trustee Soles moved, and Trustee Naill seconded the to exit executive session.
Motion carried: 7-0.
Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B).
Page 2 of 3
As the attorney representing the Town of Fraser, I am of the opinion that the entire
Executive Session, which was not recorded, constituted a privileged attorney-client
communication.
Rod McGowan, Town Attorney
4. Consent Agenda:
a) Minutes – September 3, 2014
motion
Trustee Taylor moved, and Trustee Waldow seconded the to approve the
Motion carried: 7-0.
consent agenda.
5. Open Forum:
6. Public Hearings:
a) RV Easement Vacation (and relocation) Lot 56, East Mountain Filing 1,
(Rendezvous) Reception # 2001-002997 – continue to Oct 1, 2014
motion
Trustee Soles moved, and Trustee Taylor seconded the to open the public
hearing regarding RV Easement Vacation (and relocation) Lot 56, East Mountain Filing
Motion carried:
1, (Rendezvous) Reception # 2001-002997 – continue to Oct 1, 2014.
7-0.
motion
Trustee Taylor moved, and Trustee Waldow seconded the to continue the public
hearing regarding RV Easement Vacation (and relocation) Lot 56, East Mountain Filing
Motion carried: 7-0.
1, (Rendezvous) Reception # 2001-002997 to Oct 1, 2014.
CANCELLED
b) Serene Wellness Retail Marijuana License -
7. Discussion and Possible Action Regarding:
a) Resolution 2014-09-02 Approving The Application of Serene Wellness
Fraser LLC, for a Retail Marijuana Center License for the Premises at
255 Mill Avenue, Fraser, Colorado.
motion
Trustee moved, and Trustee seconded the to approve Resolution 2014-09-02
Approving the Application of Serene Wellness Fraser LLC, for a Retail Marijuana Center
Motion carried: -0 -
License for the Premises at 255 Mill Avenue, Fraser, Colorado.
CANCELLED
b) Resolution 2014-09-01 Approving Final Plan – The Willows at Grand Park
(Planning Area 2w.1) Approving Final Plats – The Willows at Grand Park
Filing No. 1, Filing No.2, Filing No. 3 and Filing No. 4
TA McGowan briefed the Board outlining the 4 items the Board requested further
information be provided for them;
Curbs and drainage
Trails and Open Space
Secondary access and SIA language
Page 3 of 3
Maximum building height
Jack Bestall, representing Grand Park, addressed the
Curbs and drainage – Grand Park and Town engineers are working toward a
consensus on the drainage concerns.
Secondary access and SIA language - secondary access will be phased in with
the loop paved after phase 4 is constructed. The Board would like to see the
secondary access bonded and/or completed within 5 years of the start of
construction. GP will build a private access and include it in the SIA for filing 1.
The road base will meet County Road standards.
Trails and Open Space - 3.8 acres of open space, 3.4% of 2W which will be
given to the HOA.
Maximum building height - 55’.
motion
Trustee Taylor moved, and Trustee seconded the to approve Resolution 2014-
09-01 Approving Final Plan – The Willows at Grand Park (Planning Area 2w.1)
Approving Final Plats – The Willows at Grand Park Filing No. 1, Filing No.2, Filing No. 3
Motion carried: 4-3.
and Filing No. 4 with the following conditions.
Miller – nay Smith - yes
Taylor – yes Waldow - nay
Naill - yes Mather – nay
Soles - yes
c) Grand County Transit Task Force Proposal
Trustee Mather, Fraser’s liaison on the task force, outlined the proposal for the Board.
The Trustees directed the Town Manager to draft a letter in support of the proposal.
motion
Trustee Miller moved, and Trustee Taylor seconded the to approve Grand
Motion carried: 7-0.
County Transit Task Force Proposal.
8. Other Business:
Congratulations to town staff for the bus shelter.
motionMotion
Trustee Naill moved, and Trustee Soles seconded the to adjourn.
carried: 7-0.
Meeting adjourned at 8:26 p.m.
Lu Berger, Town Clerk
Catherine Trotter
From:
Gary Cogswell <Gary_Cogswell@symantec.com>
Sent:
Wednesday, September 24, 2014 1:50 PM
To:
Catherine Trotter
Cc:
Gary Cogswell
Subject:
RE: Lot 56/easement vacation
Hi Catherine,
I appreciate your providing the information below. I am in agreement with postponing the hearing etc. until the
October 15th meeting. We should have ample time to compete the pullout and the required easement work by then.
Thankyou
Gary Cogsweil
Mobile: (303) 669-1330
Symantm,
From: Catherine Trotter[mailto:ctrotter@town.fraser.co.us]
Sent: Wednesday, September 24, 2014 11:30 AM
To, Gary Cogswell
Cc: Catherine Trotter
Subject: FW: Lot 56/easement vacation
Hi Gary
As you know, we originally noticed the easement vacation public hearing for September 3, 2014. At that Town
Board meeting, it was continued until September 17, 2014 in order to relocate the emergency turnaround and
draft the necessary legal documents. At the September 17, 2014 continued public hearing, the project was still
incomplete, thus the public hearing was continued until October 1, 2014. As the construction of the emergency
turnaround and legal description of the same is still not complete, we will need to continue the public hearing
until October 15, 2014.
Because the Fraser Town Code imposes a 30 -day deadline from commencement of the original public hearing,
we need written approval from you, as the petitioner, to waive the 30 -day requirement. See Town Attorney
email below. If you are in favor of continuing the public hearing until October 15, 2014 and waiving the 30 -day
requirement, please respond to this email and state that you are in agreement with all this.
The legal documents are attached for your review. We still need the construction of the emergency turnaround
to be finalized and the legal description of the substitute easement. Please contact me if you have any
questions. Thanks.
Catherine E. Trotter, AICP
Town Planner
Town of Fraser
From: Rod McGowan[rnailto:rmcsowan.�c�westoffice.net)
Sent: Wednesday, September 10, 2014 10:48 AM
To: Catherine Trotter
Cc: Jeff Durbin; Lu Berger
Subject: RE: Lot 56/easement vacation
Catherine:
Attached are the draft Ordinance and deeds I have prepared regarding this matter. From our conversation this morning, I
understand that you have not received the legal description for the substitute easements, so the proposal is still
incomplete.
As we discussed, Town Code §17-3-50 imposes a 30-day deadline from commencement of the hearing for the Board to
take action on the petition. Consequently, the Board needs to take action by October 3, or we need written approval from
the petitioners to waive the 30-day requirement.
Rod McGowan
Cazier, McGowan & Walker
P.O. Box 500, Granby, CO 80446
Ph (970) 887-3376; Fax (970) 887-9430
rodta'�mcgowan-pc com
CONFIDENTIALITY NOTICE: This electronic mail transmission and the attachments accompanying it may contain confidential information from the law firm
of CAZIER, MCGOWAN & WALKER which is protected by the attomey-client communication privilege or the work product privilege. The information is intended
only for the use of the intended recipient. If you are not the intended recipient, please do not read, copy, or disseminate this electronic mail or the information
contained herein. If you have received this transmission in error, please promptly notify the sender by reply electronic mail, and then destroy all copies of the
transmission.
FRASER BOARD OF TRUSTEES
MINUTES
DATE:
Wednesday, October 1, 2014
MEETING:
Board of Trustees Regular Meeting
PLACE:
Fraser Town Hall Board Room
PRESENT
Board:
Mayor Peggy Smith; Mayor Pro-Tem Philip Naill; Trustees; Eileen
Waldow, Katie Soles, Cody Clayton Taylor, Andy Miller and Jane Mather
Staff:
Town Manager Jeff Durbin; Town Clerk, Lu Berger; Public Works Director
Allen Nordin; Town Attorney Rod McGowan
Others:
See attached list
Mayor Smith called the meeting to order at 6:00 p.m.
1. Regular Meeting:
Roll Call
2. Approval of Agenda:
Minutes were moved to a discussion item from the consent agenda, and staff reports
were moved up before the executive session.
motion
Trustee Soles moved, and Trustee Taylor seconded the to approve the Agenda.
Motion carried: 7-0.
3. Consent Agenda:
a) Minutes – September 17, 2014 – moved to a discussion item
4. Discussion Item:
a) Minutes 2014-09-17 – Trustee Mather expressed her concerns about the
verbiage in the minutes.
motion
Trustee Mather moved, and Trustee Miller seconded the to the change the
minutes as follows:
Remove motion under 7a, Resolution 2014-09-01.
Add name of Trustee that seconded the motion of 7b, Resolution 2014-09-01.
Remove verbiage regarding secondary access and bondage under 7b, Resolution 2014-
Motion carried 7-0.
09-01 and change the percentage to 10%.
5. Public Hearing
Page 2 of 2
a)RV Easement Vacation (and relocation) Lot 56, East Mountain Filing 1,
(Rendezvous) Reception # 2001-002997
motion
Trustee Soles moved, and Trustee Waldow seconded the to open the public
Motion carried: 7-0.
hearing.
motion
Trustee Miller moved, and Trustee Taylor seconded the to continue the public
Motion carried: 7-0.
hearing until October 15, 2014.
6. Executive Session
For a conference with the Town’s Attorney for the purpose
of receiving legal advice on specific legal questions under C.R.S. Section 24-6-
402(4) (b) and for the purpose of determining positions relative to matters that
may be subject to negotiations, developing strategy for negotiations, and/or
instructing negotiators, under C.R.S. Section 24-6-402(4)(e) regarding water and
sewer matters and to include TM Durbin, SC Thorne, TA McGowan and PD Nordin
motion
Trustee Naill moved, and Trustee Soles seconded the to enter executive
Motion carried: 7-0.
session.
Enter:
6:24p.m.
Exit:
8:52p.m.
motion
Trustee Soles moved, and Trustee Naill seconded the to exit executive session.
Motion carried: 7-0.
Attorney’s Opinion Required by C.R.S. 24-6-402(2)(d.5)(II)(B).
As the attorney representing the Town of Fraser, I am of the opinion that the entire
Executive Session, which was not recorded, constituted a privileged attorney-client
communication.
Rod McGowan, Town Attorney
7. Other Business:
motionMotion
Trustee Waldow moved, and Trustee Naill seconded the to adjourn.
carried: 7-0.
Meeting adjourned at 8:55 p.m.
Lu Berger, Town Clerk
TOWN OF FRASER - JOINT FACILITIES
BALANCE SHEET
AUGUST 31, 2014
JOINT FACILITIES FUND
ASSETS
40-10100 CASH ALLOCATED TO OTHER FUNDS 23,900.05
40-10210 JFOC CHECKING -GMB 0318047507 90,671.35
40-10215 GMB MONEY MARKET -O&M RESERVE 31,005.50
40-11550 A/R - WPR 14,467.87
40-11560 A/R - GC#1 23,138.51
40-11570 A/R - TOF 12,804.31
TOTALASSETS
LIABILITIES AND EQUITY
LIABILITIES
40-20920 JFOC O&M RESERVE
TOTAL LIABILITIES
FUND EQUITY
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES - YTD
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
4,008.59
191,979.00
4,008.59
195,987.59
191,979.00
4,008.59
195,987.59
TOWN OF FRASER - JOINT FACILITIES
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
JOINT FACILITIES FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
REVENUE
40-30-100
INTEREST- O&M ACCOUNTS
25.39
219.55
400.00
180.45
54.9
40-30-200
O&M REIMBURSEMENT - WPR
14,467.87
116,289.41
235,827.00
119,537.59
49.3
40-30-210
O&M REIMBURSEMENT -GC#1
23,138.51
185,981.99
376,180.00
190,198.01
49.4
40-30-220
O&M REIMBURSEMENT -TOF
12,804.31
102,918.15
204,002.00
101,083.85
50.5
40-30-900
MISCELLANEOUS REVENUE
.00
3,789.02
2,000.00 (
1,789.02)
189.5
40-30-999
CARRYOVER BALANCE
.00
.00
192,116.00
192,116.00
.0
TOTAL REVENUE
50,436.08
409,198.12
1,010,525.00
601,326.88
40.5
TOTAL FUND REVENUE
50,436.08
409,198.12
1,010,525.00
601,326.88
40.5
TOWN OF FRASER - JOINT FACILITIES
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
JOINT FACILITIES FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
PLANT EXPENDITURES
40-85-110
SALARIES
13,028.85
116,335.08
192,326.00
75,990.92
60.5
40-85-210
HEALTH INSURANCE
2,956.18
23,485.40
50,400.00
26,914.60
46.6
40-85-220
FICA TAX
921.66
8,307.20
14,713.00
6,405.80
56.5
40-85-230
RETIREMENT
521.16
4,463.38
7,693.00
3,229.62
58.0
40-85-250
UNEMPLOYMENT TAX
39.08
349.04
577.00
227.96
60.5
40-85-280
TRAINING PROGRAMS
.00
775.00
3,000.00
2,225.00
25.8
40-85-290
TRAVEL - MEALS AND LODGING
213.85
885.07
2,500.00
1,614.93
35.4
40-85-295
MEALS - LOCAL BUSINESS
42.33
42.33
200.00
157.67
21.2
40-85-310
LEGAL FEES
.00
5,249.50
5,000.00 (
249.50)
105.0
40-85-320
AUDIT FEE
4,074.00
4,074.00
5,000.00
926.00
81.5
40-85-330
ENGINEERING FEES
1,752.00
3,403.17
15,000.00
11,596.83
22.7
40-85-350
SLUDGE REMOVAL
2,805.94
22,450.40
65,000.00
42,549.60
34.5
40-85-370
PROFESSIONAL SERVICES
243.60
1,948.80
20,000.00
18,051.20
9.7
40-85-375
REIMBURSABLE PROF SERVICES
.00
.00
1,000.00
1,000.00
.0
40-85-410
BANK CHARGES
.00
.00
100.00
100.00
.0
40-85-430
INSURANCE - PLANT
.00
24,184.48
35,000.00
10,815.52
69.1
40-85-440
ADVERTISING
.00
22.11
500.00
477.89
4.4
40-85-460
PLANT MAINTENANCE AND REPAIR
6,016.09
29,495.38
40,000.00
10,504.62
73.7
40-85-475
GROUNDS MAINTENANCE
.00
.00
2,000.00
2,000.00
.0
40-85-480
EQUIPMENT RENTAL
.00
.00
500.00
500.00
.0
40-85-490
PROFESSIONAL MEMBERSHIPS
.00
90.00
500.00
410.00
18.0
40-85-500
OPERATING SUPPLIES
436.31
3,600.30
20,000.00
16,399.70
18.0
40-85-506
OPERATING SUPPLIES - CHEMICALS
1,144.26
23,720.40
85,000.00
61,279.60
27.9
40-85-510
EQUIPMENT PURCHASE AND REPAIR
.00
8,576.43
20,000.00
11,423.57
42.9
40-85-520
TESTING
5,231.25
24,821.32
55,000.00
30,178.68
45.1
40-85-525
PERMITS
.00
160.30
10,000.00
9,839.70
1.6
40-85-550
POSTAGE
14.68
14.68
.00 (
14.68)
.0
40-85-560
UTILITIES -TELEPHONE
231.54
1,776.44
5,500.00
3,723.56
32.3
40-85-562
UTILITIES - ELECTRICITY
10,174.31
88,784.22
140,000.00
51,215.78
63.4
40-85-565
UTILITIES - NATURAL GAS
73.80
2,686.20
6,000.00
3,313.80
44.8
40-85-567
UTILITIES - PLANT GENERATOR
.00
.00
2,500.00
2,500.00
.0
40-85-569
UTILITIES -TRASH REMOVAL
165.13
1,298.43
3,500.00
2,201.57
37.1
40-85-650
VEHICLE EXPENSES
324.67
4,190.47
6,500.00
2,309.53
64.5
40-85-690
MISCELLANEOUS EXPENSE
.00
.00
1,000.00
1,000.00
.0
TOTAL PLANT EXPENDITURES 50,410.69 405,189.53 816,009.00 410,819.47 49.7
TOTAL FUND EXPENDITURES 50,410.69 405,189.53 816,009.00 410,819.47 49.7
NET REVENUE OVER EXPENDITURES 25.39 4,008.59 194,516.00 190,507.41 2.1
ASSETS
47-10100
CASH - COMBINED FUND
47-10220
COLOTRUST 8006 - CRR
47-10310
CB MONEY MARKET - CRR
47-10410
GMB MONEY MARKET - CRR
47-10521
CDARS - 1014540756 - CRR
47-10522
CDARS - 1014540802 - CRR
47-10523
CDARS - 1014540837 - CRR
47-10525
CDARS - 1015300856 - CRR
47-10526
CDARS - 1015300872 - CRR
TOTALASSETS
LIABILITIES AND EQUITY
LIABILITIES
47-20910 JFOC - CRR FUNDS
TOTAL LIABILITIES
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES - YTD
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
TOWN OF FRASER - JOINT FACILITIES
BALANCE SHEET
AUGUST 31, 2014
JFF - CRR/CIP FUND
23,900.05)
31,890.15
246,401.69
235,575.30
383,502.88
383,502.92
383,451.49
366,419.63
2,393,842.46
2,393,842.46
( 3,280.59)
( 3,280.59)
( 3,280.59)
TOWN OF FRASER - JOINT FACILITIES
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
JFF - CRR/CIP FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
CRR AND CIP FUND REVENUES
47-30-100 INTEREST INCOME - CRR ACCOUNTS
1,182.40
8,995.96
15,000.00
6,004.04
60.0
47-30-990 CRR CARRYOVER BALANCE
.00
.00
2,396,684.00
2,396,684.00
.0
TOTAL CRR AND CIP FUND REVENUES
1,182.40
8,995.96
2,411,684.00
2,402,688.04
.4
TOTAL FUND REVENUE
1,182.40
8,995.96
2,411,684.00
2,402,688.04
.4
TOWN OF FRASER - JOINT FACILITIES
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
JFF - CRR/CIP FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
CAPITAL RPLMNTRESERVE PROJECTS
47-60-370
ENG, LEGAL & OTHER PROF SRVCS
47-60-730
CRR PROJECTS
.0
2.1
TOTAL CAPITAL RPLMNTRESERVE PROJEC
12,276.55
CAPITAL IMPROVEMENT PROJECTS
47-65-730
CIP PROJECTS
TOTAL CAPITAL IMPROVEMENT PROJECTS
CAPITAL PURCHASES
47-69-740
CAPITAL PURCHASES
12,276.55
TOTAL CAPITAL PURCHASES
519,723.45
TOTAL FUND EXPENDITURES
NET REVENUE OVER EXPENDITURES
7,044.00
5,232.55
7,044.00
5,232.55
.00 (
248,000.00
7,044.00)
242,767.45
.0
2.1
12,276.55
12,276.55
248,000.00
235,723.45
5.0
.00 .00 134,000.00 134,000.00 .0
.00 .00 134,000.00 134,000.00 .0
.00
.00
150,000.00
150,000.00
.0
.00
.00
150,000.00
150,000.00
.0
12,276.55
12,276.55
532,000.00
519,723.45
2.3
( 11,094.15) (
3,280.59)
1,879,684.00
1,882,964.59
( .2)
Fraser Building Activity 2014
Total Number of Building Permits
Total for201036
Total for201145
Total for201249
Total for201363
2012 through September32
2013 through September54
2014 through September35
Difference2014/2013(19)
Difference2014/20123
Dollar Valuation
(no hourly fee has valuation $ in 2011 - 14)
Total for2010$135,233
Total for2011$3,743,778
Total for2012$2,190,195
Total for2013$5,508,091
2012 through September$1,279,377
2013 through September$5,498,307
2014 through September$7,501,013
Difference2014/2013$2,002,706
Difference2014/2012$6,221,636
Building Fees
Total for 2010$3,644
Total for 2011$40,277
Total for 2012$27,412
Total for 2013$66,364
2012 through September$15,540
2013 through September$65,407
2014 through September$72,296
Difference2014/2013$6,889
Difference2014/2012$56,756
New Residential Area
2014 through September46,676sq. ft.
New Commercial Area
2014 through September0sq. ft.
New Garage Area
2014 through September10,816sq. ft.
New Deck/Patio Area
2014throughSeptember4,877sq. ft.
The new Holiday Inn Express has opened the doors for guests and will be a nice addition for lodging oppurtunities in Fraser. They
are currently working on finishing touches of the third floor sleeping units and will have all rooms available by the end of the
September. Building permits for new single family dwellings have been issued in the Cozens Meadow subdivision of Grand Park
and in Rendezvous as well this month. This brings the year-to-date number of new dwelling units in Fraser to sixteen. Feel free to
contact the building department with any questions you may have.
Staff Contact: Brian Szczepanski - Building Official\[bszczepanski@wpgov.com\] 970-726-8081
TOWN OF FRASER
COMBINED CASH INVESTMENT
AUGUST 31, 2014
COMBINED CASH ACCOUNTS
01-10200 GENERAL CHECKING #878-000884 139,933.66
01-10220 GENERAL CO -01-0160-8001 8,298,189.65
TOTAL COMBINED CASH 8,438,123.31
01-10100 CASH ALLOCATED TO OTHER FUNDS ( 8,438,123.31)
TOTAL UNALLOCATED CASH .00
CASH ALLOCATION RECONCILIATION
10 ALLOCATION TO GENERAL FUND
2,775,615.10
20 ALLOCATION TO CONSERVATION TRUST FUND
3,808.45
30 ALLOCATION TO CAPITAL EQUIP REPLACEMENT FUND
446,404.76
32 ALLOCATION TO CAPITAL ASSET FUND
815,132.36
40 ALLOCATION TO DEBT SERVICE FUND
513,682.89
50 ALLOCATION TO WATER FUND
1,106,784.77
55 ALLOCATION TO WASTEWATER FUND
2,776,694.98
TOTAL ALLOCATIONS TO OTHER FUNDS 8,438,123.31
ALLOCATION FROM COMBINED CASH FUND - 01-10100 ( 8,438,123.31)
ZERO PROOF IF ALLOCATIONS BALANCE .00
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 1
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
GENERALFUND
ASSETS
10-10100
CASH - COMBINED FUND
2,775,615.10
10-10290
CASH WITH TREASURER
( 1,413.28)
10-11100
PROPERTY TAXES RECEIVABLE
195,916.00
10-11550
ACCTS REC - BILLINGS
50,313.30
10-12000
ALLOWANCE FOR DOUBTFUL ACCTS.
( 20,409.55)
10-12500
FORFETURES DUE TOF FROM CCOERA
( 2,109.42)
10-22210
TOTALASSETS
10-22920
SUBDIVISION IMP SECURITY DEP
LIABILITIES AND EQUITY
DRIVEWAY PERMIT SURETY
10-21000
ACCRUED WAGES
10-21710
FWT/FICA PAYABLE
10-21730
STATE WITHHOLDING PAYABLE
10-21740
UNEMPLOYMENT TAXES PAYABLE
10-21750
RETIREMENT PLAN PAYABLE
10-21755
457 DEFERRED COMP PAYABLE
10-21760
HEALTH INSURANCE PAYABLE
10-21773
DEPENDENT CARE PAYABLE
10-21775
FLEX HEALTH PLAN PAYABLE
10-22210
DEFERRED TAXES
10-22920
SUBDIVISION IMP SECURITY DEP
10-22930
DRIVEWAY PERMIT SURETY
10-22950
RENTAL PROPERTY DEPOSITS HELD
10-22960
COMMUNITY DONATIONS -PROJECTS
TOTAL LIABILITIES
10-27000 RESFUND BAL - SAVINGS
10-27100 RESTRICTED FUND BALANCE
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES -YTD
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
26,555.34
9,642.68
3,826.00
546.16
2,848.00
2,199.60
17,402.38
1,483.22)
2,171.44
195,916.35
17,454.00
21,625.00
750.00
2,997,912.15
299,953.73
750,000.00
221,805.00
1,726,153.42
1,726,153.42
2,697,958.42
1—nnn nc
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 2
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
GENERALFUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
TAXES
10-31-100
GENERAL FUND PROPERTY TAX
2,812.50
188,733.06
195,000.00
6,266.94
96.8
10-31-200
SPECIFIC OWNERSHIP TAX
1,022.23
6,146.43
8,500.00
2,353.57
72.3
10-31-300
MOTOR VEHICLE TAX
391.00
2,494.50
4,200.00
1,705.50
59.4
10-31-400
TOWN SALES TAX
121,906.38
807,996.80
1,650,000.00
842,003.20
49.0
10-31-410
USE TAX - BUILDING MATERIALS
44,681.37
125,400.44
55,000.00 (
70,400.44)
228.0
10-31-420
USE TAX - MOTOR VEHICLE SALES
6,585.62
42,309.22
45,000.00
2,690.78
94.0
10-31-430
STATE CIGARETTE TAX
348.95
2,095.36
5,000.00
2,904.64
41.9
10-31-800
FRANCHISE FEES
8,639.50
30,095.16
49,000.00
18,904.84
61.4
10-34-130
TOTAL TAXES
186,387.55
1,205,270.97
2,011,700.00
806,429.03
59.9
MISCELLANEOUS REVENUE
10-36-100
LICENSES & PERMITS
261.91
2,068.44
3,500.00
1,431.56
59.1
10-32-100
BUSINESS LICENSE FEES
80.00
13,100.00
12,000.00 (
1,100.00)
109.2
10-32-110
REGULATED INDUSTRY FEES/TAXES
1,459.71
11,963.66
22,500.00
10,536.34
53.2
10-36-610
TOTAL LICENSES & PERMITS
1,539.71
25,063.66
34,500.00
9,436.34
72.7
10-36-900
CHARGES FOR SERVICES
160.00
20,569.32
35,000.00
14,430.68
58.8
10-34-100
ANNEXATION FEES
.00
.00
1,000.00
1,000.00
.0
10-34-110
ZONING FEES
.00
2,500.00
1,500.00 (
1,000.00)
166.7
10-34-120
SUBDIVISION FEES
650.00
14,050.00
1,500.00 (
12,550.00)
936.7
10-34-130
MISCELLANEOUS PLANNING FEES
800.00
1,775.00
1,000.00 (
775.00)
177.5
TOTAL CHARGES FOR SERVICES
1,450.00
18,325.00
5,000.00 (
13,325.00)
366.5
MISCELLANEOUS REVENUE
10-36-100
INTEREST EARNINGS
261.91
2,068.44
3,500.00
1,431.56
59.1
10-36-300
RENTAL INCOME
1,300.00
7,835.00
8,000.00
165.00
97.9
10-36-500
SALE OF GENERAL FIXED ASSETS
300.00
300.00
.00 (
300.00)
.0
10-36-610
REIMBURSABLE - PROF SERVICES
6,353.82
145,638.99
50,000.00 (
95,638.99)
291.3
10-36-900
MISCELLANEOUS REVENUE
160.00
20,569.32
35,000.00
14,430.68
58.8
TOTAL MISCELLANEOUS REVENUE
8,375.73
176,411.75
96,500.00 (
79,911.75)
182.8
OTHER SOURCES & TRANSFERS
10-39-999
CARRYOVER BALANCE
.00
2,009,109.67
1,937,333.00 (
71,776.67)
103.7
TOTAL OTHER SOURCES & TRANSFERS
.00
2,009,109.67
1,937,333.00 (
71,776.67)
103.7
TOTAL FUND REVENUE 197,752.99 3,434,181.05 4,085,033.00 650,851.95 84.1
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 3
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
GENERALFUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
Tn\A/KI RnAPr)
10-41-110
SALARIES
.00
7,920.00
26,000.00
18,080.00
30.5
10-41-220
FICA TAX
.00
605.88
1,989.00
1,383.12
30.5
10-41-280
TRAINING PROGRAMS
5,016.79
7,252.93
2,000.00 (
5,252.93)
362.7
10-41-290
TRAVEL, MEALS AND LODGING
1,291.54
3,580.57
5,000.00
1,419.43
71.6
10-41-295
MEALS AND ENTERTAINMENT
1,004.02
3,488.33
8,000.00
4,511.67
43.6
10-41-690
MISCELLANEOUS EXPENSE
.00
825.00
3,000.00
2,175.00
27.5
10-41-860
GRANTS AND AID TO AGENCIES
500.00
1,000.00
.00 (
1,000.00)
.0
10-41-861
INTERGOVERNMENTAL AGREEMENTS
9,000.00
9,000.00
19,000.00
10,000.00
47.4
10-41-862
FRASER/WINTER PARK POLICE DEPT
33,849.00
270,792.00
412,080.00
141,288.00
65.7
10-41-863
STREET LIGHTING AND SIGNALS
1,338.62
9,797.36
14,500.00
4,702.64
67.6
10-41-864
SPECIAL EVENTS
.00
10,000.00
20,000.00
10,000.00
50.0
10-41-867
CHAMBER OF COMMERCE - IGA
10,591.78
26,906.29
54,945.00
28,038.71
49.0
10-41-868
WINTER SHUTTLE - IGA
.00
52,000.00
52,000.00
.00
100.0
10-41-870
BUSINESS DIST STREETSCAPE
90.24
3,216.64
5,000.00
1,783.36
64.3
10-41-871
BUSINESS ENHANCEMENT PROGRAMS
.00
3,200.00
90,000.00
86,800.00
3.6
TOTAL TOWN BOARD 62,681.99 409,585.00 713,514.00 303,929.00 57.4
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 4
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
GENERALFUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
ADMINISTRATION
10-45-110
SALARIES
22,235.61
138,738.59
209,116.00
70,377.41
66.4
10-45-210
HEALTH INSURANCE
5,707.50
25,356.75
36,378.00
11,021.25
69.7
10-45-220
FICA TAX
1,604.19
9,959.15
15,997.00
6,037.85
62.3
10-45-230
RETIREMENT
873.27
5,239.62
8,365.00
3,125.38
62.6
10-45-250
UNEMPLOYMENT TAX
66.69
416.12
627.00
210.88
66.4
10-45-280
TRAINING PROGRAMS
.00
1,796.30
2,500.00
703.70
71.9
10-45-290
TRAVEL, MEALS AND LODGING
684.90
6,559.00
3,000.00 (
3,559.00)
218.6
10-45-295
MEALS AND ENTERTAINMENT
294.91
635.23
3,500.00
2,864.77
18.2
10-45-310
LEGAL FEES
9,067.50
34,614.00
50,000.00
15,386.00
69.2
10-45-320
AUDIT FEES
.00
15,669.00
12,184.00 (
3,485.00)
128.6
10-45-330
ENGINEERING FEES
488.72
786.56
5,000.00
4,213.44
15.7
10-45-360
COMPUTERS -NETWORKS AND SUPPORT
2,012.43
18,029.43
45,000.00
26,970.57
40.1
10-45-370
OTHER PROFESSIONAL SERVICES
.00
48,224.00
105,000.00
56,776.00
45.9
10-45-375
REIMBURSABLE PROF SERVICES
61,993.72
128,243.82
50,000.00 (
78,243.82)
256.5
10-45-380
JANITORIAL SERVICES
620.00
5,068.49
15,000.00
9,931.51
33.8
10-45-385
TREASURER'S FEES
56.25
3,774.62
5,850.00
2,075.38
64.5
10-45-395
RECORDING FEES
.00
.00
1,000.00
1,000.00
.0
10-45-410
BANK CHARGES
38.48
500.14
800.00
299.86
62.5
10-45-420
ELECTIONS
.00
569.12
5,000.00
4,430.88
11.4
10-45-430
INSURANCE - ALL DEPARTMENTS
.00
16,897.49
50,000.00
33,102.51
33.8
10-45-440
ADVERTISING
.00
251.47
2,500.00
2,248.53
10.1
10-45-490
PROFESSIONAL MEMBERSHIPS
.00
5,678.12
7,000.00
1,321.88
81.1
10-45-500
OPERATING SUPPLIES
788.22
6,736.32
12,000.00
5,263.68
56.1
10-45-510
EQUIPMENT PURCHASE AND REPAIR
.00
6,975.00
15,000.00
8,025.00
46.5
10-45-550
POSTAGE
.00
542.60
1,500.00
957.40
36.2
10-45-560
UTILITIES -TELEPHONE
528.49
3,938.49
6,060.00
2,121.51
65.0
10-45-561
UTILITIES - NATURAL GAS
337.87
2,824.04
5,700.00
2,875.96
49.5
10-45-562
UTILITIES - ELECTRICITY
353.37
3,078.75
6,700.00
3,621.25
46.0
10-45-569
UTILITIES - TRASH REMOVAL
100.00
813.69
1,500.00
686.31
54.3
10-45-670
PROP MGMT - 117 EISENHOWER DR
729.37
6,898.82
12,000.00
5,101.18
57.5
10-45-671
PROP MGMT - 105 FRASER AVE
36.40
147.33
500.00
352.67
29.5
10-45-673
PROP MGMT - 153 FRASER AVE
14,348.35
17,911.85
23,000.00
5,088.15
77.9
10-45-674
PROP MGMT - 200 EISENHOWER DR
.00
52.00
500.00
448.00
10.4
10-45-676
PROP MGMT - 400 DOC SUSIE AVE
99.33
458.67
2,500.00
2,041.33
18.4
10-45-690
MISCELLANEOUS EXPENSE
.00
1,000.00
7,500.00
6,500.00
13.3
10-45-810
LEASE/PURCHASE - PRINCIPAL
9,742.48
19,251.98
19,252.00
.02
100.0
10-45-820
LEASE/PURCHASE - INTEREST
9,444.40
19,121.78
19,122.00
.22
100.0
TOTAL ADMINISTRATION 142,252.45 556,758.34 766,651.00 209,892.66 72.6
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 5
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
GENERALFUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
PUBLIC WORKS
10-60-110
SALARIES
43,549.93
251,507.85
372,252.00
120,744.15
67.6
10-60-210
HEALTH INSURANCE
12,399.48
52,608.74
80,054.00
27,445.26
65.7
10-60-220
FICA TAX
3,106.46
17,871.11
28,477.00
10,605.89
62.8
10-60-230
RETIREMENT
1,511.81
8,862.42
14,890.00
6,027.58
59.5
10-60-250
UNEMPLOYMENTTAX
130.65
754.45
1,117.00
362.55
67.5
10-60-280
TRAINING PROGRAMS
.00
990.00
1,000.00
10.00
99.0
10-60-290
TRAVEL, MEALS AND LODGING
65.12
158.98
1,000.00
841.02
15.9
10-60-295
MEALS AND ENTERTAINMENT
203.90
551.62
500.00 (
51.62)
110.3
10-60-330
ENGINEERING FEES
1,800.00
12,357.63
60,000.00
47,642.37
20.6
10-60-360
COMPUTER NETWORK SUPPORT
.00
.00
1,500.00
1,500.00
.0
10-60-370
OTHER PROFESSIONAL SERVICES
.00
1,662.31
2,500.00
837.69
66.5
10-60-475
CONTRACT SNOW REMOVAL
.00
440.00
.00 (
440.00)
.0
10-60-480
EQUIPMENT RENTAL
370.00
370.00
2,500.00
2,130.00
14.8
10-60-490
PROFESSIONAL MEMBERSHIPS
.00
500.00
250.00 (
250.00)
200.0
10-60-500
OPERATING SUPPLIES
6,807.82
46,054.88
70,000.00
23,945.12
65.8
10-60-506
PLANTS/PLANTER SUPPLIES
1,278.68
6,580.21
10,000.00
3,419.79
65.8
10-60-510
EQUIPMENT PURCHASE AND REPAIR
4,397.49
17,071.97
30,000.00
12,928.03
56.9
10-60-560
UTILITIES - TELEPHONE
136.34
784.01
2,700.00
1,915.99
29.0
10-60-561
UTILITIES - NATURAL GAS
144.33
3,491.06
6,000.00
2,508.94
58.2
10-60-562
UTILITIES - ELECTRICITY
114.68
1,129.16
2,500.00
1,370.84
45.2
10-60-569
UTILITIES - TRASH REMOVAL
113.31
898.60
2,100.00
1,201.40
42.8
10-60-670
PROP MGMT - 125 FRASER AVE
281.08
2,091.18
2,500.00
408.82
83.7
10-60-673
PROP MGMT - FRASER RIVER TRAIL
194.44
1,606.98
5,000.00
3,393.02
32.1
10-60-674
PROP MGMT - HWY 40 PEDESTRIAN
.00
130.83
5,000.00
4,869.17
2.6
10-60-676
PROP MGMT - OLD SCHLHOUSE PK
273.07
1,081.31
500.00 (
581.31)
216.3
10-60-679
PROP MGMT - SCHOOL BUS GARAGE
226.51
2,837.84
6,500.00
3,662.16
43.7
10-60-681
PROP MGMT - COZENS RANCH PARK
8,057.75
12,022.73
105,000.00
92,977.27
11.5
10-60-682
PROP MGMT - AMTRAK STATION
.00
8.99
.00 (
8.99)
.0
10-60-684
PROP MGMT - FRODO
.00
.00
10,000.00
10,000.00
.0
10-60-685
MOUNTAIN MAN PARK
.00
.00
500.00
500.00
.0
10-60-686
GORANSON STATION
654.22
2,879.77
15,000.00
12,120.23
19.2
10-60-690
MISCELLANEOUS EXPENSE
.00
195.00
1,200.00
1,005.00
16.3
10-60-725
STREET IMPROVEMENTS
941.68
31,733.34
75,000.00
43,266.66
42.3
TOTAL PUBLIC WORKS
86,758.75
479,232.97
915,540.00
436,307.03
52.3
120 ZEREX AVENUE
10-65-370
OTHER PROFESSIONAL SERVICES
.00
.00
10,000.00
10,000.00
.0
10-65-380
JANITORIAL SERVICES
450.00
3,121.09
5,500.00
2,378.91
56.8
10-65-560
UTILITIES - TELEPHONE
51.55
407.19
500.00
92.81
81.4
10-65-561
UTILITIES - NATURAL GAS
82.55
792.41
1,500.00
707.59
52.8
10-65-562
UTILITIES - ELECTRICITY
70.21
552.37
1,000.00
447.63
55.2
10-65-670
PROP MGMT - 120 ZEREX
20.40
187.01
8,000.00
7,812.99
2.3
TOTAL 120 ZEREX AVENUE 674.71 5,060.07 26,500.00 21,439.93 19.1
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 6
TRANSFERS
10-90-940 TRANSFER TO DEBT SERVICE FUND
TOTALTRANSFERS
10-95-110
SALARIES
10-95-210
HEALTH INSURANCE
10-95-220
FICA TAX
10-95-230
RETIREMENT
10-95-250
UNEMPLOYMENT TAX
111011/_10;16107_1 W-1wA011
TOTAL FUND EXPENDITURES
NET REVENUE OVER EXPENDITURES
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
GENERALFUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
.00 247,373.00 247,373.00 .00 100.0
.00 247,373.00 247,373.00 .00 100.0
6,288.06
6,288.06
.00 (
6,288.06)
.0
3,015.99
3,015.99
.00 (
3,015.99)
.0
423.94
423.94
.00 (
423.94)
.0
251.52
251.52
.00 (
251.52)
.0
38.74
38.74
.00 (
38.74)
.0
10,018.25
10,018.25
.00 (
10,018.25)
.0
302,386.15
1,708,027.63
2,669,578.00
961,550.37
64.0
( 104,633.16)
1,726,153.42
1,415,455.00 (
310,698.42)
122.0
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 7
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
CONSERVATION TRUST FUND
ASSETS
20-10100 CASH -COMBINED FUND
TOTALASSETS
LIABILITIES AND EQUITY
FUND EQUITY
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES -YTD 3,808.45
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
3,808.45
3,808.45
3,808.45
3,808.45
3,808.45
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 8
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
CONSERVATION TRUST FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
20-30-100 CONS TRUST (LOTTERY) PROCEEDS
.00
2,911.25
6,100.00
3,188.75
47.7
20-30-800 INTEREST EARNINGS
.36
4.02
10.00
5.98
40.2
20-30-999 CARRYOVER BALANCE
.00
893.18
402.00 (
491.18)
222.2
TOTAL REVENUE
.36
3,808.45
6,512.00
2,703.55
58.5
TOTAL FUND REVENUE .36 3,808.45 6,512.00 2,703.55 58.5
NET REVENUE OVER EXPENDITURES .36 3,808.45 6,512.00 2,703.55 58.5
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 9
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
CAPITAL EQUIP REPLACEMENT FUND
ASSETS
30-10100 CASH -COMBINED FUND
TOTALASSETS
LIABILITIES AND EQUITY
FUND EQUITY
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES -YTD 446,404.76
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
446,404.76
446,404.76
446,404.76
446,404.76
446,404.76
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 10
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
CAPITAL EQUIP REPLACEMENT FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
REVENUE
30-30-100
HWY USE TAX PROCEEDS
4,108.61
25,894.49
44,594.00
18,699.51
58.1
30-30-800
INTEREST EARNINGS
49.14
377.45
300.00 (
77.45)
125.8
30-30-920
TRANSFER FROM UTILITY FUNDS
.00
20,000.00
20,000.00
.00
100.0
30-30-999
CARRYOVER BALANCE
.00
470,585.69
470,019.00 (
566.69)
100.1
TOTAL REVENUE
4,157.75
516,857.63
534,913.00
18,055.37
96.6
TOTAL FUND REVENUE
4,157.75
516,857.63
534,913.00
18,055.37
96.6
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 11
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
CAPITAL EQUIP REPLACEMENT FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 12
EXPENDITURES
30-40-750
REGULAR FLEET PURCHASE
25,035.00
25,035.00
.00 (
25,035.00)
.0
30-40-755
HEAVY EQUIPMENT PURCHASE
.00
.00
50,000.00
50,000.00
.0
30-40-810
LEASE/PURCHASE - PRINCIPAL
40,938.26
40,938.26
40,938.00 (
.26)
100.0
30-40-820
LEASE/PURCHASE - INTEREST
4,479.61
4,479.61
4,480.00
.39
100.0
TOTAL EXPENDITURES
70,452.87
70,452.87
95,418.00
24,965.13
73.8
TOTAL FUND EXPENDITURES
70,452.87
70,452.87
95,418.00
24,965.13
73.8
NET REVENUE OVER EXPENDITURES
( 66,295.12)
446,404.76
439,495.00 (
6,909.76)
101.6
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 12
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
CAPITAL ASSET FUND
ASSETS
32-10100 CASH -COMBINED FUND
TOTALASSETS
LIABILITIES AND EQUITY
FUND EQUITY
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES -YTD 815,132.36
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
815,132.36
815,132.36
815,132.36
815,132.36
815,132.36
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 13
CAPITAL ASSET REVENUE
32-30-100 RESERVED FOR FUTURE USE
32-30-800 INTEREST EARNINGS
32-30-999 CARRYOVER FUND BALANCE
TOTAL CAPITAL ASSET REVENUE
TOTAL FUND REVENUE
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
CAPITAL ASSET FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
.00
728,120.00
2,250,000.00
1,521,880.00 32.4
80.19
226.70
5.00 (
221.70) 4534.0
.00
6,217.99
.00 (
6,217.99) .0
80.19
734,564.69
2,250,005.00
1,515,440.31 32.7
80.19 734,564.69 2,250,005.00 1,515,440.31 32.7
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 14
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
CAPITAL ASSET FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
CAPITAL ASSET EXPENDITURES
32-40-810 CAPITAL PROJ- STREETS EXISTING
32-40-815 CAPITAL PROJ -STREETS NEW
32-40-910 TRANSFER TO CAF RES -STREETS
TOTAL CAPITAL ASSET EXPENDITURES
TOTAL FUND EXPENDITURES
NET REVENUE OVER EXPENDITURES
10,826.45
6,217.99
.00 (
6,217.99)
.0
10,880.00
10,880.00
2,250,000.00
2,239,120.00
.5
.00 (
97,665.66)
.00
97,665.66
.0
21,706.45 (
80,567.67)
2,250,000.00
2,330,567.67
( 3.6)
21,706.45 (
80,567.67)
2,250,000.00
2,330,567.67
( 3.6)
( 21,626.26)
815,132.36
5.00 (
815,127.36)
16302
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:42PM PAGE: 15
ASSETS
40-10100 CASH -COMBINED FUND
40-10290 CASH WITH TREASURER
40-11100 PROPERTY TAXES RECEIVABLE
TOTALASSETS
LIABILITIES AND EQUITY
40-22210 DEFERRED PROPERTY TAXES
TOTAL LIABILITIES
FUND EQUITY
40-27000 RESFUND BAL-1 YEARS PAYMENT
40-27100 RESTRICTED FUND BALANCE
UNAPPROPRIATED FUND BALANCE:
REVENUE OVER EXPENDITURES -YTD
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
DEBT SERVICE FUND
513,682.89
( 577.26)
80,000.00
80,000.00
300,000.00
116,732.14
96,373.49
96,373.49
513,105.63
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 16
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
DEBT SERVICE FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
REVENUE
40-30-100
PROPERTYTAX
1,148.71
77,084.09
80,000.00
2,915.91
96.4
40-30-200
SPECIFIC OWNERSHIP TAX
417.50
2,474.64
3,000.00
525.36
82.5
40-30-800
INTEREST EARNINGS
49.08
395.96
250.00 (
145.96)
158.4
40-30-910
TRANSFER IN FROM GENERAL FUND
.00
247,373.00
247,373.00
.00
100.0
TOTAL REVENUE
1,615.29
327,327.69
330,623.00
3,295.31
99.0
TOTAL FUND REVENUE
1,615.29
327,327.69
330,623.00
3,295.31
99.0
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 17
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
DEBT SERVICE FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
40-40-385
TREASURER'S FEES GO BOND
22.97
1,541.70
2,000.00
458.30
77.1
40-40-810
BOND PRINCIPAL - 02 S&U ISSUE
.00
25,000.00
25,000.00
.00
100.0
40-40-811
BOND PRINCIPAL - 98 GO ISSUE
.00
.00
40,000.00
40,000.00
.0
40-40-812
BOND PRINCIPAL - 98 S&U ISSUE
.00
170,000.00
170,000.00
.00
100.0
40-40-820
BOND INTEREST - 02 S&U ISSUE
.00
3,850.00
7,013.00
3,163.00
54.9
40-40-821
BOND INTEREST - 98 GO ISSUE
.00
4,837.50
9,676.00
4,838.50
50.0
40-40-822
BOND INTEREST - 98 S&U ISSUE
.00
24,975.00
45,360.00
20,385.00
55.1
40-40-850
BOND AGENT FEES
.00
750.00
2,500.00
1,750.00
30.0
40-40-910
TRANSFER TO DSF RESERVES
.00
.00
29,074.00
29,074.00
.0
TOTAL EXPENDITURES
22.97
230,954.20
330,623.00
99,668.80
69.9
TOTAL FUND EXPENDITURES
22.97
230,954.20
330,623.00
99,668.80
69.9
NET REVENUE OVER EXPENDITURES
1,592.32
96,373.49
.00 (
96,373.49)
.0
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 18
ASSETS
50-10100 CASH - COMBINED FUND
50-10290 CASH W/TREASURER - COLLECTIONS
50-11500 A/R CUSTOMER SERVICE CHARGES
50-16100 LAND
50-16200 BUILDINGS
50-16203 WELLS SYSTEM
50-16212 WATER DISTRIBUTION/STORAGE
50-16213 WELLS
50-16400 EQUIPMENT
50-16500 WATER RIGHTS
50-17900 ACCUMULATED DEPRECIATION
50-17901 ACCUMULATED DEPR - BLDGS& IMPR
50-17902 ACCUMULATED DEPR - SYSTEM&IMPR
TOTALASSETS
LIABILITIES AND EQUITY
LIABILITIES
50-20775
DUE TO RENDEZVOUS - TAPS
50-20776
DUE TO GRAND PARK - TAPS
50-21100
ACCRUED PTO AND BENEFITS
50-22910
ROAD CUT SURITY FEES
TOTAL LIABILITIES
FUND EQUITY
50-27000 RESFUND BAL - O & M
UNAPPROPRIATED FUND BALANCE:
50-29800 RETAINED EARNINGS
REVENUE OVER EXPENDITURES -YTD
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
WATER FUND
1,106, 784.77
722.83
5,573.53
100,000.00
2,928,912.49
768,371.74
9,845,211.82
1,076,740.43
353,994.02
19,775.86
( 3,542,825.67)
( 72,684.00)
1 inn ❑nn nm
23,100.00
30,800.00
4,114.74
17,360.00
75,374.74
460,000.00
11,176,957.39
577,705.69
11,754,663.08
12,214,663.08
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 19
FEES & TAXES
50-31-200 FRASER FIRMING REVENUE
TOTAL FEES & TAXES
LICENSES & PERMITS
50-32-100 EXCAVATION PERMIT FEES
TOTAL LICENSES & PERMITS
CHARGES FOR SERVICES
50-34-100
CUSTOMER SERVICE CHARGES
50-34-150
PENALTIES & INTEREST
50-34-200
PLANT INVESTMENT FEES
50-34-300
WATER METER SALES
1,491.23)
TOTAL CHARGES FOR SERVICES
.00
MISCELLANEOUS REVENUE
50-36-100
INTEREST EARNINGS
50-36-900
MISCELLANEOUS REVENUE
12,981.35
TOTAL MISCELLANEOUS REVENUE
12,481.35)
OTHER SOURCES & TRANSFERS
4,989.06
50-39-999 CARRYOVER BALANCE
TOTAL OTHER SOURCES & TRANSFERS
TOTAL FUND REVENUE
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
WATER FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
.00 25,202.76 50,000.00 24,797.24 50.4
.00 25,202.76 50,000.00 24,797.24 50.4
.00 275.00 200.00 ( 75.00) 137.5
.00 275.00 200.00 ( 75.00) 137.5
.00
357,208.52
722,080.00
364,871.48
49.5
( 342.29)
2,491.23
1,000.00 (
1,491.23)
249.1
.00
.00
8,000.00
8,000.00
.0
5,331.35
12,981.35
500.00 (
12,481.35)
2596.3
4,989.06
372,681.10
731,580.00
358,898.90
50.9
104.54
125.00
725.43
4,006.00
1,000.00
2,500.00 (
274.57
1,506.00)
72.5
160.2
229.54
4,731.43
3,500.00 (
1,231.43)
135.2
.00
573,820.00
438,348.00 (
135,472.00)
130.9
.00
573,820.00
438,348.00 (
135,472.00)
130.9
5,218.60
976,710.29
1,223,628.00
246,917.71
79.8
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 20
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
WATER FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
EXPENDITURES
50-40-110
SALARIES
17,217.81
96,499.47
173,250.00
76,750.53
55.7
50-40-210
HEALTH INSURANCE
3,965.20
15,919.05
33,600.00
17,680.95
47.4
50-40-220
FICA TAX
1,260.26
7,030.79
13,254.00
6,223.21
53.1
50-40-230
RETIREMENT
475.57
2,866.61
6,930.00
4,063.39
41.4
50-40-250
UNEMPLOYMENT TAX
51.74
286.64
520.00
233.36
55.1
50-40-280
TRAINING PROGRAMS
.00
110.00
3,000.00
2,890.00
3.7
50-40-290
TRAVEL, MEALS AND LODGING
.00
20.00
3,000.00
2,980.00
.7
50-40-295
MEALS AND ENTERTAINMENT
.00
87.17
2,000.00
1,912.83
4.4
50-40-310
LEGAL FEES
1,075.00
27,634.40
85,000.00
57,365.60
32.5
50-40-330
ENGINEERING FEES
610.25
10,592.50
60,000.00
49,407.50
17.7
50-40-360
COMPUTERS -NETWORKS AND SUPPORT
200.00
3,362.67
10,000.00
6,637.33
33.6
50-40-370
OTHER PROFESSIONAL SERVICES
57.38
22,058.09
5,000.00 (
17,058.09)
441.2
50-40-430
INSURANCE
.00
14,584.16
25,000.00
10,415.84
58.3
50-40-440
ADVERTISING
.00
46.31
500.00
453.69
9.3
50-40-460
SYSTEM REPAIR AND MAINT - PROD
507.68
6,994.38
70,000.00
63,005.62
10.0
50-40-465
SYSTEM REPAIR AND MAINT - DIST
238.56
6,571.53
45,000.00
38,428.47
14.6
50-40-490
PROFESSIONAL MEMBERSHIPS
90.00
1,905.00
8,000.00
6,095.00
23.8
50-40-500
OPERATING SUPPLIES -PRODUCTION
90.38
8,765.37
25,000.00
16,234.63
35.1
50-40-505
OPERATING SUPPLIES-DISTRIB
9,273.60
13,611.87
25,000.00
11,388.13
54.5
50-40-510
EQUIPMENT PURCHASE AND REPAIR
109.96
1,508.18
12,000.00
10,491.82
12.6
50-40-520
TESTING
1,450.00
2,000.20
5,000.00
2,999.80
40.0
50-40-550
POSTAGE & BILLING SUPPLIES
.00
886.75
3,500.00
2,613.25
25.3
50-40-560
UTILITIES -TELEPHONE
258.99
1,868.37
3,500.00
1,631.63
53.4
50-40-562
UTILITIES - ELECTRICITY
2,755.86
19,590.24
50,000.00
30,409.76
39.2
50-40-670
PROP MGMT - FRASER WTP
43.23
43.23
5,000.00
4,956.77
.9
50-40-680
PROP MGMT - MARYVALE WTP
43.23
43.23
5,000.00
4,956.77
.9
50-40-690
MISCELLANEOUS EXPENSE
.00
64.99
2,000.00
1,935.01
3.3
50-40-715
WATER RIGHTS - DIVERSION & DEV
5,881.47
6,791.40
35,000.00
28,208.60
19.4
50-40-730
CAPITAL PROJECTS
.00
17,262.00
160,000.00
142,738.00
10.8
50-40-760
FRASER FIRMING - CAPPROJ
.00
.00
50,000.00
50,000.00
.0
50-40-930
TRANSFER TO CERF
.00
10,000.00
10,000.00
.00
100.0
50-40-970
TRANSFER TO O&M RESERVES
.00
100,000.00
100,000.00
.00
100.0
TOTAL EXPENDITURES
45,656.17
399,004.60
1,035,054.00
636,049.40
38.6
TOTAL FUND EXPENDITURES
45,656.17
399,004.60
1,035,054.00
636,049.40
38.6
NET REVENUE OVER EXPENDITURES ( 40,437.57) 577,705.69 188,574.00 ( 389,131.69) 306.4
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 21
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
WASTEWATER FUND
10,411,720.88
861,321.23
7 7R1 An an
2,776,694.98
621.33
11,260.60
815,582.23
45,739.00
144,320.40
3,305,761.56
8,056.39
10,816,277.19
279,069.00
37,385.17
( 801,376.42)
( 45,347.52)
( 3,296,176.72)
/ '3C. 7d7 Ra\
C. 7A1 7a
1d nse 5270, nl
14,061,619.30
6,743.29
:cr.��i:aerc
1d nrl Alaln
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 22
ASSETS
55-10100
CASH - COMBINED FUND
55-10290
CASH W/TREASURER - COLLECTIONS
55-11500
A/R CUSTOMER SERVICE CHARGES
55-15950
CAP REPL RES HELD W/JFOC
55-15955
O&M RESERVE HELD W/JFOC
55-16100
LAND
55-16200
SEWER TREATMENT PLANT
55-16210
METER BUILDING & IMPROVEMENTS
55-16220
SEWER COLLECTION SYSTEM
55-16250
CONSOLIDATED COLLECTION SYSTEM
55-16400
EQUIPMENT
55-17900
ACCUMULATED DEPRECIATION
55-17905
ACCUM DEPR - PLANT/JFOC
55-17910
ACCUM DEPR - SEWER COLLECT-FSD
55-17915
ACCUM DEPR-EQUIPMENT
TOTALASSETS
LIABILITIES AND EQUITY
LIABILITIES
55-21100
ACCRUED PTO AND BENEFITS
TOTAL LIABILITIES
FUND EQUITY
UNAPPROPRIATED FUND BALANCE:
55-29800
RETAINED EARNINGS
55-29820
RETAINED EARNINGS - RESTRICTED
REVENUE OVER EXPENDITURES -YTD
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
WASTEWATER FUND
10,411,720.88
861,321.23
7 7R1 An an
2,776,694.98
621.33
11,260.60
815,582.23
45,739.00
144,320.40
3,305,761.56
8,056.39
10,816,277.19
279,069.00
37,385.17
( 801,376.42)
( 45,347.52)
( 3,296,176.72)
/ '3C. 7d7 Ra\
C. 7A1 7a
1d nse 5270, nl
14,061,619.30
6,743.29
:cr.��i:aerc
1d nrl Alaln
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 22
LICENSES & PERMITS
55-32-100 EXCAVATION PERMIT FEES
TOTAL LICENSES & PERMITS
CHARGES FOR SERVICES
55-34-100
CUSTOMER SERVICE CHARGES
55-34-150
PENALTIES & INTEREST
55-34-200
PLANT INVESTMENT FEES
325.00
TOTAL CHARGES FOR SERVICES
325.00)
MISCELLANEOUS REVENUE
55-36-100
INTEREST EARNINGS
55-36-500
JFF MANAGEMENT FEE
TOTAL MISCELLANEOUS REVENUE
338,414.10
OTHER SOURCES & TRANSFERS
340,641.90
55-39-999 CARRYOVER BALANCE
TOTAL OTHER SOURCES & TRANSFERS
TOTAL FUND REVENUE
TOWN OF FRASER
REVENUES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
WASTEWATER FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEARNED PCNT
( 275.00)
325.00
.00 (
325.00)
.0
( 275.00)
325.00
.00 (
325.00)
.0
.00
338,414.10
679,056.00
340,641.90
49.8
( 741.88)
1,773.87
1,000.00 (
773.87)
177.4
37,500.00
105,000.00
7,500.00 (
97,500.00)
1400.0
36,758.12
445,187.97
687,556.00
242,368.03
64.8
269.70
.00
2,040.23
14,500.00
2,500.00
29,000.00
459.77
14,500.00
81.6
50.0
269.70
16,540.23
31,500.00
14,959.77
52.5
.00
2,699,802.00
2,624,986.00 (
74,816.00)
102.9
.00
2,699,802.00
2,624,986.00 (
74,816.00)
102.9
36,752.82
3,161,855.20
3,344,042.00
182,186.80
94.6
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 23
TOWN OF FRASER
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 8 MONTHS ENDING AUGUST 31, 2014
WASTEWATER FUND
PERIOD ACTUAL YTD ACTUAL BUDGET UNEXPENDED PCNT
55-40-110
SALARIES
21,670.76
124,127.17
178,500.00
54,372.83
69.5
55-40-210
HEALTH INSURANCE
4,826.33
19,576.05
28,560.00
8,983.95
68.5
55-40-220
FICA TAX
1,597.78
9,136.49
13,655.00
4,518.51
66.9
55-40-230
RETIREMENT
662.43
3,971.74
7,140.00
3,168.26
55.6
55-40-250
UNEMPLOYMENT TAX
64.94
368.62
536.00
167.38
68.8
55-40-280
TRAINING PROGRAMS
.00
.00
2,000.00
2,000.00
.0
55-40-290
TRAVEL, MEALS AND LODGING
.00
.00
2,000.00
2,000.00
.0
55-40-295
MEALS AND ENTERTAINMENT
.00
81.67
1,000.00
918.33
8.2
55-40-310
LEGAL FEES
.00
22,814.40
5,000.00 (
17,814.40)
456.3
55-40-330
ENGINEERING FEES
.00
2,702.75
10,000.00
7,297.25
27.0
55-40-360
COMPUTERS -NETWORKS AND SUPPORT
200.00
1,792.33
6,000.00
4,207.67
29.9
55-40-370
OTHER PROFESSIONAL SERVICES
57.37
20,947.89
10,000.00 (
10,947.89)
209.5
55-40-410
BANK CHARGES
.00
.00
100.00
100.00
.0
55-40-430
INSURANCE
.00
5,860.12
6,000.00
139.88
97.7
55-40-440
ADVERTISING
.00
.00
500.00
500.00
.0
55-40-460
SYSTEM REPAIR AND MAINT-COLLEC
45,000.00
48,079.79
160,000.00
111,920.21
30.1
55-40-490
PROFESSIONAL MEMBERSHIPS
.00
1,185.00
6,000.00
4,815.00
19.8
55-40-500
OPERATING SUPPLIES -COLLECTIONS
421.14
482.77
5,000.00
4,517.23
9.7
55-40-510
EQUIPMENT PURCHASE AND REPAIR
.00
502.00
2,500.00
1,998.00
20.1
55-40-520
TESTING
.00
.00
1,000.00
1,000.00
.0
55-40-550
POSTAGE & BILLING SUPPLIES
.00
857.00
2,500.00
1,643.00
34.3
55-40-560
UTILITIES - TELEPHONE
42.40
169.69
500.00
330.31
33.9
55-40-650
WW TREATMENT CHARGES/JFOC
18,473.68
90,113.82
204,002.00
113,888.18
44.2
55-40-690
MISCELLANEOUS EXPENSE
.00
65.00
3,000.00
2,935.00
2.2
55-40-730
CAPITAL PROJECTS
.00
.00
60,000.00
60,000.00
.0
55-40-740
CAPITAL PURCHASES
.00
17,187.00
.00 (
17,187.00)
.0
55-40-930
TRANSFER TO CERF
.00
10,000.00
10,000.00
.00
100.0
TOTAL EXPENDITURES
93,016.83
380,021.30
725,493.00
345,471.70
52.4
TOTAL FUND EXPENDITURES
93,016.83
380,021.30
725,493.00
345,471.70
52.4
NET REVENUE OVER EXPENDITURES
( 56,264.01)
2,781,833.90
2,618,549.00 (
163,284.90)
106.2
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 24
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
GENERAL FIXED ASSETS
ASSETS
91-16100
LAND
730,630.35
91-16200
ADMINISTRATION BUILDING
208,379.39
91-16203
MAINTENANCE BUILDING
57,722.51
91-16208
HOUSE - 400 DOC SUSIE AVE
54,839.27
91-16209
VISITOR CENTER
183,895.00
91-16211
BUSBARN & 105 FRASER AVE HOUSE
100,000.00
91-16250
CHURCH
267,000.00
91-16306
PARKS
367,800.08
91-16311
STREET IMPROVEMENTS
3,439,840.00
91-16312
HIGHWAY 40 PATH
8,872.00
91-16490
EQUIPMENT - OTHER
872,015.00
91-16500
OFFICE EQUIPMENT
57,261.75
91-17900
ACCUMULATED DEPRECIATION
( 2,260,048.61)
TOTALASSETS
LIABILITIES AND EQUITY
FUND EQUITY
UNAPPROPRIATED FUND BALANCE:
91-29800 INVESTMENT IN FIXED ASSETS 4,088,206.74
BALANCE - CURRENT DATE
TOTAL FUND EQUITY
TOTAL LIABILITIES AND EQUITY
4,088,206.74
4,088,206.74
4,088,206.74
4,088,206.74
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 25
ASSETS
95-18100 AMOUNT TO BE PROVIDED
TOTALASSETS
LIABILITIES AND EQUITY
LIABILITIES
TOWN OF FRASER
BALANCE SHEET
AUGUST 31, 2014
GENERAL LONG-TERM DEBT
3,131,161.31
95-25050 2002 SERIAL BONDS 360,000.00
95-25060 1998 REVENUE REFUNDING BONDS 2,035,000.00
95-25070 1998 GENERAL OBLIGATION BONDS 475,000.00
95-25200 ACCRUED COMPENSATED ABSENCES 15,677.17
95-25500 CAPITAL LEASES KOMATSU LOADER 245,484.14
TOTAL LIABILITIES
TOTAL LIABILITIES AND EQUITY
3,131,161.31
3,131,161.31
3,131,161.31
FOR ADMINISTRATION USE ONLY 67 % OF THE FISCAL YEAR HAS ELAPSED 09/16/2014 12:43PM PAGE: 26