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TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> JUNE 30, 1990 <br /> N. Subsequent Events <br /> Subsequent to June 30, 1990, The Town of Mashpee issued the following <br /> Bmd Anticipation Notes as Long-term debt: x, <br /> Police St at i or, Addition $1,46-0,000 <br /> School Roof Repair 560,000 ;F <br /> Land Acquisition 100,000 ka <br /> ---------- <br /> $2,090,000 <br /> NOTE 5. - 1991 BUDGET <br /> i <br /> The Town has authorized a fiscal year 1991 operating and capital <br /> budget totaling $18, 736, 186, which will be financed from the follow- <br /> ing sources: <br /> Taxation/Revenues $16,537,708 <br /> Free Cash Designated for Specific Purposes 639,080 <br /> Stabilization Fund 92 220 <br /> Hotel/Motel Receipts 93, 173 <br /> Cranberry Bog Receipts 34, 373 <br /> Ambulance Receipts 34, 330 <br /> Municipal Waterways Improvement Fund 12,771 <br /> Proceeds Sale of Fire Truck 225,000 <br /> County Dog Fund Receipts 10,871 <br /> Borrowings 1,056,600 <br /> Total $18, 736, 186 <br /> NOTE G. - UNEMPLOYMENT COMPENSATION <br /> The Towr, is on the reimbursable method of paying unemployment compen- <br /> sation. Under the reimbursable method, the Massachusetts Employment <br /> Security Division sends a monthly list to the community that has <br /> received the benefits. The community then reimburses the Mas- 7�• <br /> sachusetts Employment Security Division for these claims against the <br /> Town. � <br /> NOTE 7. - VACATION AND SICK PAY , <br /> :T <br /> As of June 30, 1990, the accumulated cost of vested vacation and sick <br /> leave benefits for town employees had root been, determined. <br /> 22 <br />