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TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> JUNE 301, 19901 <br /> H. Subsequent Events <br /> Subsequent to June 301, 1990, The Town of Mashpee issued the following k <br /> Frond Anticipation Notes as Long-term debt: <br /> Police Station Addition $1,430,000 <br /> School Roof Repair 560,000 <br /> Land Acquisition 100,000 <br /> ---------- fr <br /> $21 09o,000 <br /> NOTE 5. - 1991 BUDGET <br /> The Town has authorized a fiscal year 1991 operating and capital ` <br /> budget totaling $18,73611661 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 g3, 173 <br /> Cranberry Bog Receipts 34, 373 <br /> Ambulance Receipts 34, 390 <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, 18S <br /> NOTE S. - 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- <br /> sachusetts Employment Security Division for these claims against the <br /> Town. Frn, <br /> Y <br /> MOTE 7. - VACATION AND SICK RAY ;< <br /> / Y <br /> As of June 30, 1190, the accumulated cost of vested vacation and sick <br /> leave benefits for town employees had not been determined. <br /> 22 <br />