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TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> Year Ended June 30, 1984 <br /> service (payment of principal and interest) is funded through the general <br /> fund. <br /> I ' <br /> i <br /> i <br /> Appropriated Fund Balance - The appropriated portion of fund balances <br /> consists, principally, of the balance of appropriations for capital <br /> expenditures and longer term projects which are continued until completion <br /> of the authorized project. <br /> Note 2. General Fund Balances <br /> i <br /> General fund balances, in the accompanying financial statements, <br /> consist of the following components: <br /> Balances at June 30 <br /> 1984 1983 <br /> Encumbered $ 25,547 $ 23,652 <br /> Appropriated 109,487 134,839 <br /> Reserved for designated purposes: I <br /> Overlay surplus 193 ,064 126,020 <br /> Unreserved: <br /> Surplus revenue 1 ,190,872 870,336 <br /> Offset receipt deficit ( 555) <br /> State and county assessments - net ( 311 ) 6,395 i <br /> Legal overdraft - snow and ice ( 13 ,000) <br /> 1 ,177,006 876,731 <br /> General fund balances $ 1 ,505,104 $1 ,161 ,242 <br /> Note 3. Budgeted Expenditures for the 1985 Fiscal Year - Expenditures <br /> budgeted by Town Meeting action for fiscal 1985 totaled $6,090,857 at June <br /> 30, 1984. <br /> 00 <br /> Of this amount, $175,404 was appropriated from surplus revenue, <br /> $159,718 from revenue sharing funds, $94,076 from borrowings and $64,766 <br /> from other available funds. These appropriations will be recorded in fiscal <br /> 1985. <br /> Remaining budgeted expenditures of $5,596,893 are to be raised by the <br /> fiscal 1985 tax levy, estimated receipts, and by available funds to the <br /> ix <br /> 6 <br />