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1969-1987-FISCAL AUDITS
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1969-1987-FISCAL AUDITS
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i <br /> TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> Year Ended June 30, 1983 <br /> i ' <br /> Appropriated Fund Balance - The appropriated portion of fund balances <br /> consists, principally, of the balance of appropriations for capital expendi- <br /> tures and longer term projects which are continued until completion of the <br /> authorized project. <br /> Note 2. General Fund Balances <br /> General fund balances in the accompanying financial statements consist <br /> of the following components: <br /> Balances at June 30 �! <br /> 1983 -198? <br /> Encumbered $ 23,652 $ 32,885 <br /> Appropriated 134,839 341 ,707 � <br /> Reserved for special purposes: <br /> Overlay surplus 126,020 102,222 <br /> Unreserved: <br /> Surplus revenue 870,336 745,074 <br /> Overlay deficits ( 941 ) j <br /> State and county assessments - net 6,395 ( 3,452) <br /> Other ( 500) i <br /> 876,731 740, 181 <br /> $ <br /> General fund balances $ 1 , 161 ,242 1 ,216,995 i <br /> I <br /> Note 3 Budgeted Expenditures for the 1984 Fiscal Year Expenditures <br /> budgeted by Town Meeting action for fiscal 1984 totaled $5,430,546 at June j <br /> 30, 1983. <br /> Of this amount, $152,629 was appropriated from revenue sharing funds, <br /> $81 ,872 from borrowings and $113,868 from other available funds. These <br /> amounts will be included in appropriated fund balances in fiscal 1984. u <br /> Remaining budgeted expenditures of $5,082, 177 are to be raised by the <br /> fiscal 1984 tax levy, estimated and offset receipts, and by available funds <br /> to the extent approved by subsequent Town Meeting Action. f <br /> w <br /> 6 �� <br />
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