to: mayor pat humphrey and the clare city commission from: … · 2017-07-15 · $ 26,529.11 $ 2.20...

To: Mayor Pat Humphrey and the Clare City Commission From: Steven J. Kingsbury, MBA, CPFA, MiCPT Treasurer, Finance and Technology Director Date: July 14, 2017 Reference: Treasurer’s Report for July 17, 2017 Account Reconciliation Report: All accounts of the City of Clare are in balance as of June 30, 2017. Cash and Investment Report: Enclosed you will find a summary report of all cash and investment accounts of the City reported by bank of deposit as of June 30, 2017. Cash Summary By Fund Report: Enclosed you will find a summary report by operating fund of all cash and investment balances of the City as of June 30, 2017. Quarterly Investment Report: Enclosed you will find a complete listing of the investments held by the City of Clare as of June 30, 2017 that includes the market values of each security that is pledged as collateral for the investment as required by GASB 72. Revenue and Expenditure Report: Enclosed you will find a Summary Revenue and Expenditure Report (Unaudited) of the City of Clare prepared as of June 30, 2017. Balance Sheet: Enclosed you will find a Comparative Balance Sheet (Unaudited) of the City of Clare prepared as of June 30, 2017. Requests for Proposal - Annual Audit: The City requested and then received several proposals for the completion of required annual external audit from qualified public accounting firms. The proposals were reviewed and evaluated and a recommendation has been given to the City Commission.

Treasurer's Report of 47

Interest Balance Total Total BalanceFinancial Institution/Account Description Rates 6/1/17 Increases Decreases 6/30/17

City of Clare Accounts

Chemical Bank/Consolidated Account 0.100% 381,151.69$ 722,688.51$ 879,107.49$ 224,732.71Chemical Bank/Rural Development Bond & Interest Acct 0.020% 49,892.45 10,500.84 - 60,393.29Chemical Bank/Rural Development RRI Acct 0.020% 43,160.89 9,050.72 - 52,211.61Chemical Bank/USDA Sewer Bond Pmt Reserve Acct 0.020% 2,625.68 1,500.05 - 4,125.73Chemical Bank/USDA Sewer Bond RRI Reserve Acct 0.020% 8,232.49 4,703.14 - 12,935.63Chemical Bank/USDA Water Bond Pmt Reserve Acct 0.020% 4,376.13 2,500.08 - 6,876.21Chemical Bank/USDA Water Bond RRI Reserve Acct 0.020% 7,530.50 4,302.13 - 11,832.63Mercantile/Money Market Account 0.100% 73,866.05 6.07 - 73,872.12Chemical Bank/Current Property Tax Account 0.100% 6,283.66 3,285.32 8,845.49 723.49Petty Cash and Cash on Hand N/A 450.00 - - 450.00Chemical Bank/ACH Receipt Acct 0.020% 1,000.00 - - 1,000.00Chemical Bank/Repurchase Agreements 0.50% to 0.80% 2,000,000.00 25,000.00 225,000.00 1,800,000.00MMCAA - Fiduciary Account for the Railroad Depot N/A 19,121.05 - - 19,121.05Mercantile/Hatton Township Landfill Trust Fund 0.900% 200,727.43 1,005.90 - 201,733.33

Total - City of Clare Accounts 2,798,418.02$ 784,542.76$ 1,112,952.98$ 2,470,007.80$

City of Clare Component Unit Accounts

Chemical Bank DDA Account 0.100% 26,529.11 2.20 - 26,531.31

Total - City of Clare Component Unit Accounts 26,529.11$ 2.20$ -$ 26,531.31$

From 6/01/2017 to 6/30/2017 CASH AND INVESTMENT SUMMARY (UNAUDITED) BY BANK

CITY OF CLARE


Investment TransactionalBALANCE TOTAL TOTAL BALANCE Balances Account Balances

FUND DESCRIPTION 6/1/2017 DEBITS CREDITS 6/30/2017 6/30/2017 6/30/2017

101 General Fund 528,823.67 316,971.86 545,253.25 300,542.28 175,000.00$ 125,542.28$ 150 Cemetery Perpetual Care 276,008.45 500.16 0.00 276,508.61 260,000.00 16,508.61 202 Major Streets 103,967.34 53,833.28 41,468.85 116,331.77 85,000.00 31,331.77 203 Local Streets 3,302.01 26,165.71 23,186.71 6,281.01 - 6,281.01 206 Fire Fund 295,233.71 8,692.95 35,440.58 268,486.08 245,000.00 23,486.08 208 Parks and Recreation 371,612.79 28,484.50 33,031.66 367,065.63 335,000.00 32,065.63 210 Downtown Development Authority (DDA) 26,529.11 2.20 0.00 26,531.31 - 26,531.31 211 Sidewalk Replacement Fund 340.25 0.03 0.00 340.28 - 340.28 243 Brownfield Redevelopment Authority Fund 4,595.53 0.45 0.00 4,595.98 - 4,595.98 265 Drug Law Enforcement Fund 754.59 400.11 0.00 1,154.70 - 1,154.70 287 Police Training 302 Fund 1,991.89 1,253.96 0.00 3,245.85 3,245.85 590 Sewer System Fund 598,378.34 122,486.96 149,680.84 571,184.46 410,000.00 161,184.46 591 Water System Fund 364,877.29 60,101.66 87,030.37 337,948.58 290,000.00 47,948.58 636 Data Processing Fund 25,902.41 2.21 3,302.26 22,602.36 - 22,602.36 641 Mobile Equipment Fund 60,542.86 1,510.81 31,443.74 30,609.93 - 30,609.93 703 Property Tax Fund 6,283.66 3,285.32 8,845.49 723.49 - 723.49 704 Imprest Payroll Fund (44,924.20) 159,846.89 154,269.23 (39,346.54) - (39,346.54) 765 Hattan Township Landfill Trust Fund 200,727.43 1,005.90 0.00 201,733.33 201,733.33 -

TOTAL - ALL FUNDS 2,824,947.13$ 784,544.96$ 1,112,952.98$ 2,496,539.11$ 2,001,733.33$ 494,805.78$

NOTES:

CASH SUMMARY BY FUND FOR THE CITY OF CLARE From 6/01/2017 To 6/30/2017

ALL FUNDS (UNAUDITED) CASH and INVESTMENT ACCOUNTS

Parks and Recreation Fund - balance includes Grant/Donation Funds reserved for the Recreation Complex Well and Irrigation of $5,000.00, the Skate Park of $12,229.08, the Chamber Depot Project of $900.76; South Multi-Purpose Recreation and Youth Sports Complex Bond Proceeds of $319,932.06; and the Depot Restoration Project of $19,121.05.


Quarterly Investment Report

Prepared as of

June 30, 2017


NUMBER ISSUED AMOUNT MATURITYINTEREST

RATEMARKETVALUE

6550418211 09/16/16 100,000.00$ 07/11/17 0.50% 105,897.33$ 6550418245 09/16/16 100,000.00 07/25/17 0.50% 105,790.65 6550418203 09/16/16 100,000.00 08/08/17 0.50% 105,790.65 6020220718 09/20/16 100,000.00 08/22/17 0.50% 107,077.95 6020220734 10/18/16 100,000.00 09/05/17 0.50% 107,077.95 6020220742 11/01/16 100,000.00 09/19/17 0.50% 107,077.95 6550404723 11/29/16 100,000.00 10/03/17 0.50% 107,077.95 6550406554 12/13/16 100,000.00 10/17/17 0.50% 105,163.70 6550408618 12/27/16 100,000.00 10/31/17 0.50% 106,067.85 6550411133 01/10/17 100,000.00 11/14/17 0.80% 107,077.95 6550411141 01/24/17 100,000.00 11/28/17 0.80% 107,077.95 6020220171 03/07/17 100,000.00 12/05/17 0.80% 106,746.15 6550447970 03/15/17 100,000.00 12/19/17 0.80% 104,376.83 6550447988 03/15/17 100,000.00 01/02/18 0.80% 104,376.83 6550417940 04/04/17 100,000.00 01/16/18 0.80% 106,067.85 6550417932 04/19/17 100,000.00 01/30/18 0.80% 106,067.85 6550418278 05/02/17 100,000.00 02/13/18 0.80% 105,897.33 6550418237 05/16/17 100,000.00 02/27/18 0.80% 105,897.33

TotalS 1,800,000.00$ 1,910,608.05$

Average = 0.65%

City of ClareSchedule of Investments

As of June 30, 2017

All of the above investments are in the form of short-term (one-year or less) Repurchase Agreements placed through Chemical Bank and are collaterized with United States Government Securities (Treasury Bills, Bonds or Agency Bonds).


Summary

Revenue and Expenditure Report

Prepared as of

June 30, 2017


*NOTE: Available Balance / Pct Budget Used does not reflect amounts encumbered.

REVENUE AND EXPENDITURE REPORT FOR CITY OF CLARE 1/19Page:

07/13/2017 10:57 AMUser: MICHELLEDB: Clare

PERIOD ENDING 06/30/2017% Fiscal Year Completed: 100.00

% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)

ACTIVITY FORMONTH 06/30/17

INCR (DECR)

YTD BALANCE06/30/2017

NORM (ABNORM)2016-17

AMENDED BUDGET

END BALANCE06/30/2016

NORM (ABNORM)DESCRIPTIONACCOUNT

Fund 101 - GENERAL FUND95.63 113,464.54 87,898.42 2,484,123.92 2,597,588.46 2,881,222.48 000.000-GENERAL100.00 0.00 3,400.00 45,000.00 45,000.00 376,596.24 931.000-TRANSFERS IN AND OTHER SOURCES

95.71 113,464.54 91,298.42 2,529,123.92 2,642,588.46 3,257,818.72 TOTAL REVENUES

96.60 1,458.30 5,783.06 41,491.70 42,950.00 35,463.64 101.000-CITY COMMISSION95.54 5,080.29 11,577.11 108,948.54 114,028.83 114,132.49 172.000-CITY MANAGEMENT/ADMINISTRATION96.84 4,835.06 13,164.10 148,186.04 153,021.10 137,020.69 191.000-FISCAL SERVICES92.62 14,582.21 20,432.54 182,885.05 197,467.26 145,235.21 215.000-CLERK52.40 758.50 0.00 835.00 1,593.50 1,809.43 247.000-BOARD OF REVIEW97.30 2,742.22 9,648.49 98,673.74 101,415.96 86,732.45 257.000-ASSESSOR34.96 8,622.02 62.94 4,635.47 13,257.49 6,856.30 262.000-ELECTIONS54.28 42,914.38 3,768.40 50,940.46 93,854.84 48,266.10 265.000-BUILDING AND GROUNDS69.59 13,686.39 4,575.90 31,313.61 45,000.00 62,832.35 266.000-ATTORNEY86.80 11,544.22 7,207.03 75,882.32 87,426.54 68,273.20 276.000-CEMETERY90.30 86,454.88 90,807.86 805,125.33 891,580.21 902,179.25 301.000-POLICE128.84 (1,502.64)3.11 6,712.64 5,210.00 39,726.05 371.000-BUILDING INSPECTION DEPARTMENT96.09 2,380.90 4,469.77 58,551.13 60,932.03 63,837.62 441.000-DEPARTMENT OF PUBLIC WORKS0.28 2,493.07 0.00 6.93 2,500.00 0.00 445.000-DRAINS - PUBLIC BENEFIT

102.59 (1,413.37)4,180.00 55,883.28 54,469.91 199,057.43 448.000-STREET LIGHTING45.32 36,857.45 8,525.23 30,544.12 67,401.57 55,915.57 526.000-LANDFILL CLOSURE98.10 4,088.37 18,229.03 211,410.26 215,498.63 213,328.00 528.000-REFUSE COLLECTION/DISPOSAL78.94 58,494.06 8,430.53 219,309.54 277,803.60 360,058.67 537.000-AIRPORT68.95 11,272.54 0.00 25,027.46 36,300.00 38,777.83 721.000-PLANNING0.00 0.00 0.00 0.00 0.00 61,405.89 728.018-ECONOMIC DEVELOPMENT - CLARE COUNTY

96.46 1,570.26 21,139.85 42,804.62 44,374.88 66,082.65 906.000-DEBT SERVICE96.92 1,001.06 0.00 31,508.69 32,509.75 44,369.97 955.000-NON DEPARTMENTAL100.00 0.00 36,253.96 372,095.29 372,095.29 393,098.82 999.000-TRANSFERS (OUT) AND OTHER USES

89.42 307,920.17 268,258.91 2,602,771.22 2,910,691.39 3,144,459.61 TOTAL EXPENDITURES

27.47 (194,455.63)(176,960.49)(73,647.30)(268,102.93)113,359.11 NET OF REVENUES & EXPENDITURES

89.42 307,920.17 268,258.91 2,602,771.22 2,910,691.39 3,144,459.61 TOTAL EXPENDITURES95.71 113,464.54 91,298.42 2,529,123.92 2,642,588.46 3,257,818.72 TOTAL REVENUES

Fund 101 - GENERAL FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 150 - CEMETERY PERPETUAL CARE131.70 (2,759.77)500.16 11,464.77 8,705.00 11,812.30 000.000-GENERAL

131.70 (2,759.77)500.16 11,464.77 8,705.00 11,812.30 TOTAL REVENUES

0.00 0.00 0.00 0.00 0.00 1,200.00 276.000-CEMETERY100.00 0.00 0.00 5,000.00 5,000.00 2,500.00 999.000-TRANSFERS (OUT) AND OTHER USES

100.00 0.00 0.00 5,000.00 5,000.00 3,700.00 TOTAL EXPENDITURES

174.49 (2,759.77)500.16 6,464.77 3,705.00 8,112.30 NET OF REVENUES & EXPENDITURES

100.00 0.00 0.00 5,000.00 5,000.00 3,700.00 TOTAL EXPENDITURES131.70 (2,759.77)500.16 11,464.77 8,705.00 11,812.30 TOTAL REVENUES

Fund 150 - CEMETERY PERPETUAL CARE:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 202 - MAJOR STREETS49.68 244,771.72 48,769.44 241,685.38 486,457.10 272,996.38 000.000-GENERAL

49.68 244,771.72 48,769.44 241,685.38 486,457.10 272,996.38 TOTAL REVENUES

88.93 548.05 426.14 4,400.94 4,948.99 4,529.37 444.000-SIDEWALKS94.76 2,953.92 3,317.15 53,401.79 56,355.71 53,841.05 446.001-STATE TRUNKLINE MAINTENANCE33.15 221,299.52 6,333.12 109,747.11 331,046.63 183,640.36 449.002-PRESERVATION STREETS87.56 1,654.44 0.00 11,645.56 13,300.00 11,461.46 449.003-WINTER MAINTENANCE91.17 1,455.37 1,190.43 15,023.04 16,478.41 13,777.10 449.004-ADMIN, ENGINEERING & RECORD KEEPING0.00 1,125.00 0.00 0.00 1,125.00 0.00 906.000-DEBT SERVICE

100.00 0.00 0.00 90,000.00 90,000.00 36,500.00 999.000-TRANSFERS (OUT) AND OTHER USES

55.38 229,036.30 11,266.84 284,218.44 513,254.74 303,749.34 TOTAL EXPENDITURES

158.72 15,735.42 37,502.60 (42,533.06)(26,797.64)(30,752.96)NET OF REVENUES & EXPENDITURES

55.38 229,036.30 11,266.84 284,218.44 513,254.74 303,749.34 TOTAL EXPENDITURES49.68 244,771.72 48,769.44 241,685.38 486,457.10 272,996.38 TOTAL REVENUES

Fund 202 - MAJOR STREETS:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 203 - LOCAL STS FUND88.75 11,153.64 19,638.95 87,964.62 99,118.26 105,806.90 000.000-GENERAL100.00 0.00 15,000.00 105,000.00 105,000.00 89,000.00 931.000-TRANSFERS IN AND OTHER SOURCES

94.54 11,153.64 34,638.95 192,964.62 204,118.26 194,806.90 TOTAL REVENUES

88.81 553.58 426.17 4,395.41 4,948.99 4,575.13 444.000-SIDEWALKS100.01 (6.95)0.00 115,756.95 115,750.00 2,278.64 449.001-CONSTRUCTION STREETS (INCL. ENG.& ROW)89.92 16,437.42 12,837.11 146,627.04 163,064.46 152,532.76 449.002-PRESERVATION STREETS64.56 3,047.55 0.00 5,552.45 8,600.00 4,989.39 449.003-WINTER MAINTENANCE95.38 654.84 1,190.41 13,523.57 14,178.41 7,572.57 449.004-ADMIN, ENGINEERING & RECORD KEEPING0.00 0.00 0.00 0.00 0.00 587.71 955.000-NON DEPARTMENTAL


90.69 (9,532.80)20,185.26 (92,890.80)(102,423.60)22,270.70 NET OF REVENUES & EXPENDITURES


Fund 203 - LOCAL STS FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 206 - FIRE FUND100.14 (527.66)370.17 376,325.66 375,798.00 735,260.24 000.000-GENERAL100.00 0.00 0.00 94,160.84 94,160.84 97,727.34 931.000-TRANSFERS IN AND OTHER SOURCES

100.11 (527.66)370.17 470,486.50 469,958.84 832,987.58 TOTAL REVENUES

71.69 91,308.10 13,275.77 231,179.56 322,487.66 865,663.69 336.000-FIRE DEPARTMENT100.00 0.00 0.00 82,822.23 82,822.23 0.00 906.000-DEBT SERVICE100.00 0.00 0.00 21,120.33 21,120.33 21,316.33 999.000-TRANSFERS (OUT) AND OTHER USES


310.98 (91,835.76)(12,905.60)135,364.38 43,528.62 (53,992.44)NET OF REVENUES & EXPENDITURES

78.59 91,308.10 13,275.77 335,122.12 426,430.22 886,980.02 TOTAL EXPENDITURES100.11 (527.66)370.17 470,486.50 469,958.84 832,987.58 TOTAL REVENUES

Fund 206 - FIRE FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 208 - PARKS AND RECREATION92.02 11,781.57 7,869.90 135,776.28 147,557.85 414,869.00 000.000-GENERAL100.00 0.00 20,000.00 575,000.00 575,000.00 210,000.00 931.000-TRANSFERS IN AND OTHER SOURCES

98.37 11,781.57 27,869.90 710,776.28 722,557.85 624,869.00 TOTAL REVENUES

50.15 283,364.95 35,657.49 285,029.89 568,394.84 604,054.04 751.001-PARKS94.06 5,115.95 9,050.77 80,963.09 86,079.04 82,174.23 751.002-RECREATION64.64 20,402.98 1,103.98 37,290.25 57,693.23 32,805.25 906.000-DEBT SERVICE105.95 (118.99)150.00 2,118.99 2,000.00 1,041.31 955.000-NON DEPARTMENTAL


3,639.42 (296,983.32)(18,092.34)305,374.06 8,390.74 (95,205.83)NET OF REVENUES & EXPENDITURES


Fund 208 - PARKS AND RECREATION:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 210 - DDA(DOWNTOWN DVLPMT AUTHORITY)98.66 2,275.68 2.20 167,061.12 169,336.80 92,580.78 000.000-GENERAL

98.66 2,275.68 2.20 167,061.12 169,336.80 92,580.78 TOTAL REVENUES

98.64 1,873.88 1,019.20 135,476.04 137,349.92 49,854.31 747.001-DDA - OPERATIONS57.54 856.07 72.96 1,159.93 2,016.00 1,156.79 747.002-DDA - MAINSTREET100.00 0.00 0.00 36,624.75 36,624.75 36,635.50 906.000-DEBT SERVICE


93.17 (454.27)(1,089.96)(6,199.60)(6,653.87)4,934.18 NET OF REVENUES & EXPENDITURES

98.45 2,729.95 1,092.16 173,260.72 175,990.67 87,646.60 TOTAL EXPENDITURES98.66 2,275.68 2.20 167,061.12 169,336.80 92,580.78 TOTAL REVENUES

Fund 210 - DDA(DOWNTOWN DVLPMT AUTHORITY):






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 211 - SIDEWALK REPLACEMENT FUND100.00 (1.46)0.03 1.46 0.00 1.54 000.000-GENERAL

100.00 (1.46)0.03 1.46 0.00 1.54 TOTAL REVENUES

74.77 168.70 0.00 500.00 668.70 1,194.51 444.000-SIDEWALKS0.00 0.00 0.00 0.00 0.00 2.04 955.000-NON DEPARTMENTAL

74.77 168.70 0.00 500.00 668.70 1,196.55 TOTAL EXPENDITURES

74.55 (170.16)0.03 (498.54)(668.70)(1,195.01)NET OF REVENUES & EXPENDITURES

74.77 168.70 0.00 500.00 668.70 1,196.55 TOTAL EXPENDITURES100.00 (1.46)0.03 1.46 0.00 1.54 TOTAL REVENUES

Fund 211 - SIDEWALK REPLACEMENT FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 243 - BROWNFIELD REDEVELOPMENT AUTHORITY FUND116.50 (0.66)0.45 4.66 4.00 3.63 000.000-GENERAL

116.50 (0.66)0.45 4.66 4.00 3.63 TOTAL REVENUES

116.50 (0.66)0.45 4.66 4.00 3.63 NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES116.50 (0.66)0.45 4.66 4.00 3.63 TOTAL REVENUES

Fund 243 - BROWNFIELD REDEVELOPMENT AUTHORITY FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 265 - DRUG LAW ENFORCEMENT FUND57.34 853.20 400.11 1,146.80 2,000.00 2,826.78 000.000-GENERAL

57.34 853.20 400.11 1,146.80 2,000.00 2,826.78 TOTAL REVENUES

0.00 3,322.17 0.00 0.00 3,322.17 3,882.56 301.000-POLICE

0.00 3,322.17 0.00 0.00 3,322.17 3,882.56 TOTAL EXPENDITURES

86.74 (2,468.97)400.11 1,146.80 (1,322.17)(1,055.78)NET OF REVENUES & EXPENDITURES

0.00 3,322.17 0.00 0.00 3,322.17 3,882.56 TOTAL EXPENDITURES57.34 853.20 400.11 1,146.80 2,000.00 2,826.78 TOTAL REVENUES

Fund 265 - DRUG LAW ENFORCEMENT FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 287 - POLICE TRAINING 302 FUND54.53 682.00 0.00 818.00 1,500.00 1,525.90 000.000-GENERAL100.00 0.00 1,253.96 1,253.96 1,253.96 896.99 931.000-TRANSFERS IN AND OTHER SOURCES

75.24 682.00 1,253.96 2,071.96 2,753.96 2,422.89 TOTAL REVENUES

0.00 1,500.00 0.00 0.00 1,500.00 1,249.00 301.000-POLICE

0.00 1,500.00 0.00 0.00 1,500.00 1,249.00 TOTAL EXPENDITURES

165.23 (818.00)1,253.96 2,071.96 1,253.96 1,173.89 NET OF REVENUES & EXPENDITURES

0.00 1,500.00 0.00 0.00 1,500.00 1,249.00 TOTAL EXPENDITURES75.24 682.00 1,253.96 2,071.96 2,753.96 2,422.89 TOTAL REVENUES

Fund 287 - POLICE TRAINING 302 FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 303 - PUBLIC SAFETY BLDG DEBT SERVIC100.00 0.00 0.00 52,800.82 52,800.82 53,290.82 931.000-TRANSFERS IN AND OTHER SOURCES

100.00 0.00 0.00 52,800.82 52,800.82 53,290.82 TOTAL REVENUES

100.00 0.00 0.00 52,800.82 52,800.82 53,290.82 223.000-DEBT SERVICE

100.00 0.00 0.00 52,800.82 52,800.82 53,290.82 TOTAL EXPENDITURES

0.00 0.00 0.00 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES

100.00 0.00 0.00 52,800.82 52,800.82 53,290.82 TOTAL EXPENDITURES100.00 0.00 0.00 52,800.82 52,800.82 53,290.82 TOTAL REVENUES

Fund 303 - PUBLIC SAFETY BLDG DEBT SERVIC:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 590 - SEWER SYSTEM FUND85.51 140,664.30 71,325.57 830,295.44 970,959.74 938,126.78 000.000-GENERAL

85.51 140,664.30 71,325.57 830,295.44 970,959.74 938,126.78 TOTAL REVENUES

81.16 102,190.71 59,482.18 440,144.27 542,334.98 764,758.79 536.001-SEWER TREATMENT AND PUMPING80.04 39,822.56 16,079.33 159,667.18 199,489.74 175,096.48 536.002-SEWER COLLECTION74.24 26,134.40 5,313.68 75,318.24 101,452.64 76,574.18 906.000-DEBT SERVICE100.00 0.00 850.00 10,000.00 10,000.00 0.00 999.000-TRANSFERS (OUT) AND OTHER USES

80.29 168,147.67 81,725.19 685,129.69 853,277.36 1,016,429.45 TOTAL EXPENDITURES

123.35 (27,483.37)(10,399.62)145,165.75 117,682.38 (78,302.67)NET OF REVENUES & EXPENDITURES

80.29 168,147.67 81,725.19 685,129.69 853,277.36 1,016,429.45 TOTAL EXPENDITURES85.51 140,664.30 71,325.57 830,295.44 970,959.74 938,126.78 TOTAL REVENUES

Fund 590 - SEWER SYSTEM FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 591 - WATER SYSTEM FUND59.15 444,811.18 56,767.21 644,029.31 1,088,840.49 1,110,975.18 000.000-GENERAL

59.15 444,811.18 56,767.21 644,029.31 1,088,840.49 1,110,975.18 TOTAL REVENUES

41.02 397,929.43 18,698.44 276,742.78 674,672.21 331,219.89 536.003-TREATMENT, PUMPING AND STORAGE31.81 416,744.52 29,564.42 194,375.83 611,120.35 190,209.41 536.004-WATER DISTRIBUTION59.17 56,783.64 9,364.99 82,289.96 139,073.60 83,765.80 536.005-PRINCIPAL RESPONSIBLE PARTY #176.24 6,797.52 8,872.19 21,814.02 28,611.54 22,161.86 906.000-DEBT SERVICE100.00 0.00 850.00 10,000.00 10,000.00 0.00 999.000-TRANSFERS (OUT) AND OTHER USES

39.99 878,255.11 67,350.04 585,222.59 1,463,477.70 627,356.96 TOTAL EXPENDITURES

15.70 (433,443.93)(10,582.83)58,806.72 (374,637.21)483,618.22 NET OF REVENUES & EXPENDITURES

39.99 878,255.11 67,350.04 585,222.59 1,463,477.70 627,356.96 TOTAL EXPENDITURES59.15 444,811.18 56,767.21 644,029.31 1,088,840.49 1,110,975.18 TOTAL REVENUES

Fund 591 - WATER SYSTEM FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 636 - DATA PROCESSING91.77 5,426.59 2.21 60,483.41 65,910.00 83,924.44 000.000-GENERAL

91.77 5,426.59 2.21 60,483.41 65,910.00 83,924.44 TOTAL REVENUES

71.30 17,319.16 1,274.72 43,030.84 60,350.00 95,699.34 228.000-DATA PROCESSING, INFORMATION TECHNOLOGY100.00 0.00 1,000.00 11,000.00 11,000.00 0.00 999.000-TRANSFERS (OUT) AND OTHER USES


118.61 (11,892.57)(2,272.51)6,452.57 (5,440.00)(11,774.90)NET OF REVENUES & EXPENDITURES

75.73 17,319.16 2,274.72 54,030.84 71,350.00 95,699.34 TOTAL EXPENDITURES91.77 5,426.59 2.21 60,483.41 65,910.00 83,924.44 TOTAL REVENUES

Fund 636 - DATA PROCESSING:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 641 - MOBILE EQUIPMENT82.99 57,852.40 1,428.95 282,191.59 340,043.99 381,145.45 000.000-GENERAL

82.99 57,852.40 1,428.95 282,191.59 340,043.99 381,145.45 TOTAL REVENUES

77.24 84,018.76 18,446.09 285,163.79 369,182.55 372,111.82 441.000-DEPARTMENT OF PUBLIC WORKS100.00 0.00 100.00 1,000.00 1,000.00 0.00 999.000-TRANSFERS (OUT) AND OTHER USES


13.18 (26,166.36)(17,117.14)(3,972.20)(30,138.56)9,033.63 NET OF REVENUES & EXPENDITURES


Fund 641 - MOBILE EQUIPMENT:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 765 - HATTON TOWNSHIP LANDFILL TRUST FUND134.12 (255.90)1,005.90 1,005.90 750.00 721.64 000.000-GENERAL

134.12 (255.90)1,005.90 1,005.90 750.00 721.64 TOTAL REVENUES

0.00 0.00 0.00 0.00 0.00 10,500.00 999.000-TRANSFERS (OUT) AND OTHER USES


134.12 (255.90)1,005.90 1,005.90 750.00 (9,778.36)NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 10,500.00 TOTAL EXPENDITURES134.12 (255.90)1,005.90 1,005.90 750.00 721.64 TOTAL REVENUES

Fund 765 - HATTON TOWNSHIP LANDFILL TRUST FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 902 - GENERAL LONG-TERM DEBT0.00 0.00 0.00 0.00 0.00 794,226.56 000.000-GENERAL


0.00 0.00 0.00 0.00 0.00 (794,226.56)NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 794,226.56 TOTAL EXPENDITURES0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES

Fund 902 - GENERAL LONG-TERM DEBT:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 934 - GASB ACCRUALS0.00 0.00 0.00 0.00 0.00 3,046.00 000.000-GENERAL0.00 0.00 0.00 0.00 0.00 (236.00) 101.000-CITY COMMISSION0.00 0.00 0.00 0.00 0.00 (349.00) 301.000-POLICE0.00 0.00 0.00 0.00 0.00 (761.00) 441.000-DEPARTMENT OF PUBLIC WORKS0.00 0.00 0.00 0.00 0.00 (696.00) 590.000-GASB 34 - SEWER0.00 0.00 0.00 0.00 0.00 (516.00) 591.000-GASB 34 - WATER0.00 0.00 0.00 0.00 0.00 (183.00) 751.001-PARKS

0.00 0.00 0.00 0.00 0.00 305.00 TOTAL REVENUES

0.00 0.00 0.00 0.00 0.00 305.00 NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES0.00 0.00 0.00 0.00 0.00 305.00 TOTAL REVENUES

Fund 934 - GASB ACCRUALS:

68.99 (1,082,986.05)(188,572.02)442,116.07 (640,869.98)(433,473.85)NET OF REVENUES & EXPENDITURES

73.14 2,113,177.42 524,205.65 5,755,477.87 7,868,655.29 8,295,089.66 TOTAL EXPENDITURES - ALL FUNDS85.75 1,030,191.37 335,633.63 6,197,593.94 7,227,785.31 7,861,615.81 TOTAL REVENUES - ALL FUNDS


City of Clare

Comparative Balance Sheet

Prepared as of

June 30, 2017


COMPARATIVE BALANCE SHEET FOR CITY OF CLARE 1/21Page:

07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 101 GENERAL FUND

PERIOD ENDED06/30/2017

PERIOD ENDED06/30/2016DescriptionGL Number

*** Assets ***

50,220.16 87,408.60 CASH101-000.000-001.000350.00 350.00 CASH ON HAND101-000.000-001.002100.00 100.00 PETTY CASH101-000.000-001.003

1,000.00 1,000.00 ACH RECEIPT ACCT101-000.000-001.00973,872.12 73,798.29 CASH - MERCANTILE101-000.000-002.001175,000.00 140,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.101-000.000-003.000

2,190.67 14,870.27 ACCOUNTS RECEIVABLE101-000.000-040.00012,222.42 13,022.57 ACCOUNTS RECEIVABLE - LIBRARY101-000.000-040.27112,025.88 31,689.73 A/R UTILITIES101-000.000-043.000

(350.00)(350.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS101-000.000-043.0010.00 147.54 INTEREST RECEIVABLE101-000.000-056.0000.00 53,043.00 DUE FROM STATE101-000.000-078.0000.00 51,024.21 DUE FROM FEDERAL GOVERNMENT101-000.000-079.000

100.63 100.50 DUE FROM TAX FUND101-000.000-084.7031,610.54 1,610.54 INVENTORY101-000.000-111.0003,545.29 3,545.29 INVENTORY - AIRPORT FUEL101-000.000-111.001

68,315.87 49,994.23 PREPAID EXPENDITURES101-000.000-123.000

400,203.58 521,354.77 Total Assets

*** Liabilities ***

5,306.83 27,124.82 ACCTS PAYABLE101-000.000-202.00028,516.83 20,822.74 DUE TO OTHER GOV. UNITS101-000.000-214.729

721.50 1,174.68 DUE TO STATE OF MICHIGAN101-000.000-228.0000.00 32,926.81 WAGES PAYABLE101-000.000-257.000

240.00 240.00 UNDISTRIBUTED RECEIPTS101-000.000-273.000

34,785.16 82,289.05 Total Liabilities

*** Fund Balance ***

439,065.72 325,706.61 FISCAL FUND BALANCE101-000.000-391.000

439,065.72 325,706.61 Total Fund Balance

439,065.72 325,706.61 Beginning Fund Balance

(73,647.30)113,359.11 Net of Revenues VS Expenditures365,418.42 439,065.72 Ending Fund Balance400,203.58 521,354.77 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 150 CEMETERY PERPETUAL CARE



*** Assets ***

16,508.61 9,769.81 CASH150-000.000-001.000260,000.00 260,000.00 REPURCHASE AGREEMENTS150-000.000-003.000

0.00 274.03 INTEREST RECEIVABLE150-000.000-056.000

276,508.61 270,043.84 Total Assets

*** Liabilities ***

0.00 0.00 Total Liabilities


6,829.07 (1,283.23)FUND BALANCE150-000.000-390.000263,214.77 263,214.77 NONEXPENDABLE FUND BALANCE150-000.000-390.001



6,464.77 8,112.30 Net of Revenues VS Expenditures276,508.61 270,043.84 Ending Fund Balance276,508.61 270,043.84 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 202 MAJOR STREETS



*** Assets ***


0.00 4,000.00 ACCOUNTS RECEIVABLE202-000.000-040.0002,144.15 2,144.15 SPECIAL ASSESSMENTS RECEIVABLE202-000.000-045.000

0.00 89.59 INTEREST RECEIVABLE202-000.000-056.00019,936.16 47,282.72 DUE FROM STATE202-000.000-078.000

0.00 33,750.94 DUE FROM FEDERAL GOVERNMENT202-000.000-079.0006,371.92 4,206.49 PREPAID EXPENSES202-000.000-123.000

144,784.00 189,119.18 Total Assets

*** Liabilities ***

1,169.91 1,097.58 ACCOUNTS PAYABLE202-000.000-202.0000.00 1,874.45 ACCRUED WAGES PAYABLE202-000.000-257.000

2,144.15 2,144.15 DEFERRED REVENUES202-000.000-339.000






(42,533.06)(30,752.96)Net of Revenues VS Expenditures141,469.94 184,003.00 Ending Fund Balance144,784.00 189,119.18 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 203 LOCAL STS FUND



*** Assets ***

6,281.01 14,008.63 CASH203-000.000-001.0000.00 20,000.00 REPURCHASE AGREEMENTS203-000.000-003.000

8,237.13 8,237.13 SPECIAL ASSESSMENTS RECEIVABLE203-000.000-045.0000.00 21.08 INTEREST RECEIVABLE203-000.000-056.000

8,473.24 20,963.20 DUE FROM STATE203-000.000-078.0009,317.09 4,527.65 PREPAID EXPENSES203-000.000-123.000

32,308.47 67,757.69 Total Assets

*** Liabilities ***

584.07 289.86 ACCOUNTS PAYABLE203-000.000-202.00060,000.00 0.00 DUE TO FIRE FUND203-000.000-214.206

0.00 2,852.63 ACCRUED WAGES PAYABLE203-000.000-257.0008,237.13 8,237.13 DEFERRED REVENUES203-000.000-339.000






(92,890.80)22,270.70 Net of Revenues VS Expenditures(36,512.73)56,378.07 Ending Fund Balance32,308.47 67,757.69 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 206 FIRE FUND



*** Assets ***


1,752.66 0.00 ACCOUNTS RECEIVABLE206-000.000-040.000(217.82)0.00 ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS206-000.000-043.001

60,000.00 0.00 DUE FROM LOCAL STREETS206-000.000-048.2030.00 237.14 INTEREST RECEIVABLE206-000.000-056.000

1,653.26 1,653.26 INVENTORY206-000.000-111.00022,767.98 3,281.59 PREPAID EXPENSES206-000.000-123.000

354,442.16 233,832.87 Total Assets

*** Liabilities ***

620.16 7,027.92 ACCOUNTS PAYABLE206-000.000-202.0000.00 8,347.33 ACCRUED WAGES PAYABLE206-000.000-257.000

84,818.57 84,818.57 DEFERRED REVENUES206-000.000-339.000






135,364.38 (53,992.44)Net of Revenues VS Expenditures269,003.43 133,639.05 Ending Fund Balance354,442.16 233,832.87 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 208 PARKS AND RECREATION



*** Assets ***

12,944.58 53,975.02 CASH208-000.000-001.00019,121.05 19,121.05 CASH HELD BY MMCAA - DEPOT PROJECT208-000.000-001.800335,000.00 0.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.208-000.000-003.00027,000.00 27,000.00 SPECIAL ASSESSMENTS RECEIVABLE208-000.000-045.0006,748.27 6,269.29 PREPAID EXPENDITURES208-000.000-123.000

400,813.90 106,365.36 Total Assets

*** Liabilities ***

20,368.45 26,219.37 ACCTS PAYABLE208-000.000-202.0000.00 4,949.60 ACCRUED WAGES PAYABLE208-000.000-257.000

875.00 1,000.00 DEPOSITS PAYABLE - PARK RENTALS208-000.000-283.00027,000.00 27,000.00 DEFERRED REVENUES208-000.000-339.000



47,196.39 142,402.22 FUND BALANCE208-000.000-390.000






07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 210 DDA(DOWNTOWN DVLPMT AUTHORITY)



*** Assets ***

26,531.31 41,022.83 CASH210-000.000-001.0002,875.00 0.00 ACCOUNTS RECEIVABLE210-000.000-040.0004,456.98 0.00 PREPAID EXPENDITURES210-000.000-123.000

33,863.29 41,022.83 Total Assets

*** Liabilities ***

3,920.55 4,880.49 ACCTS PAYABLE210-000.000-202.000









07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 211 SIDEWALK REPLACEMENT FUND



*** Assets ***

340.28 838.82 CASH211-000.000-001.000

340.28 838.82 Total Assets

*** Liabilities ***



838.82 2,033.83 FUND BALANCE211-000.000-390.000

838.82 2,033.83 Total Fund Balance

838.82 2,033.83 Beginning Fund Balance

(498.54)(1,195.01)Net of Revenues VS Expenditures340.28 838.82 Ending Fund Balance340.28 838.82 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 243 BROWNFIELD REDEVELOPMENT AUTHORITY FUND



*** Assets ***

4,595.98 4,591.32 CASH243-000.000-001.000

4,595.98 4,591.32 Total Assets

*** Liabilities ***



4,591.32 4,587.69 FUND BALANCE243-000.000-390.000



4.66 3.63 Net of Revenues VS Expenditures4,595.98 4,591.32 Ending Fund Balance4,595.98 4,591.32 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 265 DRUG LAW ENFORCEMENT FUND



*** Assets ***

1,154.70 7.90 CASH265-000.000-001.000

1,154.70 7.90 Total Assets

*** Liabilities ***



7.90 1,063.68 FUND BALANCE265-000.000-390.000

7.90 1,063.68 Total Fund Balance

7.90 1,063.68 Beginning Fund Balance

1,146.80 (1,055.78)Net of Revenues VS Expenditures1,154.70 7.90 Ending Fund Balance1,154.70 7.90 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 287 POLICE TRAINING 302 FUND



*** Assets ***

3,245.85 1,173.89 CASH287-000.000-001.000

3,245.85 1,173.89 Total Assets


1,173.89 0.00 FISCAL FUND BALANCE287-000.000-391.000

1,173.89 0.00 Total Fund Balance

1,173.89 0.00 Beginning Fund Balance

2,071.96 1,173.89 Net of Revenues VS Expenditures3,245.85 1,173.89 Ending Fund Balance3,245.85 1,173.89 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 590 SEWER SYSTEM FUND



*** Assets ***

31,518.20 17,453.75 CASH590-000.000-001.00060,393.29 49,883.27 CASH - 2012 USDA BOND RESERVE ACCT590-000.000-001.01252,211.61 43,152.99 CASH - 2012 USDA BOND RRI ACCT590-000.000-001.0134,125.73 2,625.24 2014 USDA SEWER BOND PMT RESERVE ACCOUNT590-000.000-001.014

12,935.63 8,230.98 2014 USDA SEWER BOND RRI RESERVE ACCOUNT590-000.000-001.015410,000.00 330,000.00 REPURCHASE AGREEMENTS590-000.000-003.000

500.00 500.00 A/R TO TAXES590-000.000-034.00040,386.56 139,670.80 A/R UTILITIES590-000.000-043.000(1,500.00)(1,500.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS590-000.000-043.00112,206.83 12,206.83 SPECIAL ASSESSMENTS RECEIVABLE590-000.000-045.000

0.00 347.80 INTEREST RECEIVABLE590-000.000-056.00045,987.29 45,987.29 INVENTORY590-000.000-111.00014,931.29 8,879.19 PREPAID EXPENSES590-000.000-123.00010,756.50 10,756.50 LAND590-000.000-130.000412,516.37 412,516.37 LAND IMPROVEMENTS590-000.000-132.000

(377,588.39)(377,588.39)ACCUMULATED DEPRECIATION - LAND IMPROVEM590-000.000-133.0004,926,614.44 4,926,614.44 BUILDINGS, ADDITIONS, ETC.590-000.000-136.000

(3,316,452.72)(3,316,452.72)ACCUMULATED DEPRECIATION-BUILDINGS590-000.000-137.0001,853,881.10 1,853,881.10 EQUIPMENT590-000.000-138.000(608,093.57)(608,093.57)ACCUMULATED DEPRECIATION - EQUIPMENT590-000.000-145.000

17,002.77 17,002.77 OFFICE EQUIPMENT AND FURNITURE590-000.000-146.000(17,002.77)(17,002.77)ACCUMULATED DEPR. - OFFICE EQUIPMENT590-000.000-147.000

1,424,188.64 1,424,188.64 SEWER SYSTEM - LAGOONS590-000.000-154.0014,920,742.38 4,920,742.38 SEWER SYSTEM - COLLECTION590-000.000-154.002

(2,766,286.76)(2,766,286.76)ACCUMULATED DEPR. - SEWER SYSTEM590-000.000-155.000

7,163,974.42 7,137,716.13 Total Assets

*** Liabilities ***

3,007.87 36,530.30 ACCTS PAYABLE590-000.000-202.00013,037.10 13,037.10 ACCRUED INT PAYABLE590-000.000-256.000

0.00 6,785.03 WAGES PAYABLE590-000.000-257.00018,500.00 19,100.00 SECURITY DEPOSITS590-000.000-285.000

2,390,953.69 2,434,953.69 2011 USDA RURAL DEVELOPMENT BONDS590-000.000-306.000155,000.00 185,000.00 2012 REFUNDING BONDS - SEWER SYSTEM590-000.000-312.000323,000.00 327,000.00 2014 RURAL DEVELOPMENT BONDING590-000.000-314.000

2,903,498.66 3,022,406.12 Total Liabilities


4,011,434.23 4,089,736.90 NET ASSETS590-000.000-391.00049,875.00 49,875.00 BOND RESERVE - 2011 RURAL DEV BOND PMT590-000.000-391.00243,145.53 43,145.53 BOND RESERVE - 2011 RURAL DEV - RRI590-000.000-391.0032,625.00 2,625.00 BOND RESERVE - 2015 RURAL DEV BOND PMT590-000.000-391.0048,230.25 8,230.25 BOND RESERVE - 2015 RURAL DEV RRI590-000.000-391.005

4,115,310.01 4,193,612.68 Total Fund Balance

4,115,310.01 4,193,612.68 Beginning Fund Balance

145,165.75 (78,302.67)Net of Revenues VS Expenditures4,260,475.76 4,115,310.01 Ending Fund Balance7,163,974.42 7,137,716.13 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 591 WATER SYSTEM FUND



*** Assets ***

29,239.74 30,308.41 CASH591-000.000-001.0006,876.21 4,375.36 2014 USDA WATER BOND PMT RESERVE ACCOUNT591-000.000-001.016

11,832.63 7,529.11 2014 USDA WATER BOND RRI RESERVE ACCOUNT591-000.000-001.017290,000.00 200,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.591-000.000-003.000

0.00 25,914.64 ACCOUNTS RECEIVABLE591-000.000-040.00025,415.28 101,521.05 A/R UTILITIES591-000.000-043.000

(850.00)(850.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS591-000.000-043.001707.26 707.26 SPECIAL ASSESSMENTS RECEIVABLE591-000.000-045.000

0.00 210.79 INTEREST RECEIVABLE591-000.000-056.0006,485.65 6,485.65 INVENTORY591-000.000-111.0008,107.58 13,090.26 PREPAID EXPENSES591-000.000-123.000

42,632.25 42,632.25 LAND591-000.000-130.000454,584.99 454,584.99 BUILDING, ADDITIONS AND IMPROVEMENTS591-000.000-136.000

(395,590.21)(395,590.21)ACCUMULATED DEPRECIATION-BUILDINGS591-000.000-137.00017,852.84 17,852.84 EQUIPMENT591-000.000-138.000(17,695.44)(17,695.44)ACCUMULATED DEPR. - EQUIPMENT591-000.000-145.000807,012.53 807,012.53 WATER SYSTEM - WELLS591-000.000-152.001143,787.93 143,787.93 WATER SYSTEM - PUMPING591-000.000-152.003973,376.91 973,376.91 WATER SYSTEM - STANDPIPES591-000.000-152.004

1,396,675.25 1,396,675.25 WATER SYSTEM - MAINS591-000.000-152.0051,982,326.70 1,982,326.70 WATER SYSTEM - TRANSMISSION591-000.000-152.007

(1,659,581.54)(1,659,581.54)ACCUMULATED DEPR. WATER SYSTEM591-000.000-153.000

4,123,196.56 4,134,674.74 Total Assets

*** Liabilities ***

3,322.61 35,008.23 ACCTS PAYABLE591-000.000-202.0003,597.71 3,597.71 ACCRUED INT PAYABLE591-000.000-256.000

0.00 6,594.46 WAGES PAYABLE591-000.000-257.000(4.82)0.00 DUE TO WATER CUSTOMERS591-000.000-276.000

165,000.00 190,000.00 2012 REFUNDING BONDS - WATER SYSTEM591-000.000-312.000539,000.00 546,000.00 2014 RURAL DEVELOPMENT BONDING591-000.000-314.000



3,341,570.84 2,857,952.62 NET ASSETS591-000.000-391.0004,375.00 4,375.00 BOND RESERVE - 2015 RURAL DEV BOND PMT591-000.000-391.0047,528.50 7,528.50 BOND RESERVE - 2015 RURAL DEV RRI591-000.000-391.005



58,806.72 483,618.22 Net of Revenues VS Expenditures3,412,281.06 3,353,474.34 Ending Fund Balance4,123,196.56 4,134,674.74 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 636 DATA PROCESSING



*** Assets ***

22,602.36 7,490.29 CASH636-000.000-001.0000.00 10,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.636-000.000-003.0000.00 10.54 INTEREST RECEIVABLE636-000.000-056.000

1,269.78 0.00 PREPAID EXPENSES636-000.000-123.000385,830.41 385,830.41 OFFICE EQUIPMENT AND FURNITURE636-000.000-146.000

(349,674.65)(349,674.65)ACCUMULATED DEPR. - OFFICE EQUIPMENT636-000.000-147.000

60,027.90 53,656.59 Total Assets

*** Liabilities ***

242.24 323.50 ACCOUNTS PAYABLE636-000.000-202.000



53,333.09 65,107.99 NET ASSETS636-000.000-391.000






07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 641 MOBILE EQUIPMENT



*** Assets ***

30,609.93 12,286.96 CASH641-000.000-001.0000.00 30,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.641-000.000-003.000

926.70 2,567.87 A/R UTILITIES641-000.000-043.000(50.00)(50.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS641-000.000-043.001

0.00 31.62 INTEREST RECEIVABLE641-000.000-056.0003,295.15 5,919.81 INVENTORY - STREET ROAD SALT641-000.000-109.000

418.30 418.30 INVENTORY - STREET COLD PATCH641-000.000-109.00127,771.10 27,771.10 INVENTORY641-000.000-111.00013,193.65 4,691.05 PREPAID EXPENSES641-000.000-123.00085,000.00 85,000.00 LAND641-000.000-130.000667,283.12 667,283.12 BUILDING, ADDITIONS AND IMPROVEMENTS641-000.000-136.000

(453,580.12)(453,580.12)ACCUMULATED DEPRECIATION-BUILDINGS641-000.000-137.000563,091.14 563,091.14 EQUIPMENT641-000.000-138.00016,787.52 16,787.52 OTHER EQUIPMENT641-000.000-139.000

(574,473.17)(574,473.17)ACCUMULATED DEPR. - EQUIPMENT641-000.000-145.0001,108,231.39 1,108,231.39 VEHICLES - DPW641-000.000-148.000

161,167.47 161,167.47 VEHICLES - POLICE641-000.000-148.001(958,051.91)(958,051.91)ACCUMULATED DEPRECIATION - VEHICLES641-000.000-149.000

691,620.27 699,092.15 Total Assets

*** Liabilities ***

786.15 1,969.37 ACCTS PAYABLE641-000.000-202.0000.00 2,316.46 ACCRUED WAGES PAYABLE641-000.000-257.000

786.15 4,285.83 Total Liabilities


694,806.32 685,772.69 NET ASSETS641-000.000-391.000






07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 703 PROPERTY TAX FUND



*** Assets ***

723.49 100.50 CASH703-000.000-001.000

723.49 100.50 Total Assets

*** Liabilities ***

100.63 100.50 DUE TO GENERAL FUND703-000.000-214.101622.86 0.00 UNDISTRIBUTED TAX COLLECTIONS703-000.000-274.000



0.00 0.00 Total Fund Balance

0.00 0.00 Beginning Fund Balance

0.00 0.00 Net of Revenues VS Expenditures0.00 0.00 Ending Fund Balance

723.49 100.50 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 704 IMPREST PAYROLL FUND



*** Assets ***

(39,346.54)37,102.85 CASH704-000.000-001.000

(39,346.54)37,102.85 Total Assets

*** Liabilities ***

6,129.96 6,022.77 DUE TO STATE OF MICHIGAN704-000.000-228.000236.21 0.00 DUE TO FEDERAL GOV'T704-000.000-229.000(62.90)476.84 AFLAC PAYABLE704-000.000-231.001

28,537.03 30,377.89 MERS PAYABLE704-000.000-231.002(75,033.80)0.00 BLUE CROSS PAYABLE704-000.000-231.003

45.50 (591.00)TEAMSTERS PAYABLE704-000.000-231.005801.46 816.35 DEFERRED COMP PAYABLE - MERS 457704-000.000-231.015

(39,346.54)37,102.85 Total Liabilities

0.00 0.00 Beginning Fund Balance

0.00 0.00 Net of Revenues VS Expenditures0.00 0.00 Ending Fund Balance

(39,346.54)37,102.85 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 765 HATTON TOWNSHIP LANDFILL TRUST FUND



*** Assets ***

201,733.33 200,727.43 CERTIFICATES OF DEPOSIT765-000.000-003.000

201,733.33 200,727.43 Total Assets

*** Liabilities ***



200,727.43 210,505.79 FUND BALANCE765-000.000-390.000






07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 901 GENERAL FIXED ASSETS



*** Assets ***

3,333,874.88 3,333,874.88 LAND - GFA, GENERAL FUND901-000.000-130.1015,675.00 5,675.00 LAND - GFA, FIRE DEPARTMENT901-000.000-130.206

936,849.24 936,849.24 LAND - GFA, PARKS & RECREATION901-000.000-130.208108,126.20 108,126.20 LAND - DDA901-000.000-130.210962,045.02 962,045.02 LAND IMPROVEMENTS - GFA, GENERAL FUND901-000.000-132.101870,699.05 870,699.05 ROAD IMPROVEMENTS - MAJOR STREETS901-000.000-132.202550,763.68 550,763.68 ROAD IMPROVEMENTS - LOCAL STREETS901-000.000-132.203

1,257,577.27 1,257,577.27 LAND IMPROVEMENTS - GFA, PARKS AND REC.901-000.000-132.208456,071.51 456,071.51 LAND IMPROVEMENTS - DDA901-000.000-132.21090,804.62 90,804.62 SIDEWALK IMPROVEMENTS901-000.000-132.21194,016.27 94,016.27 LAND IMPROV - LDFA901-000.000-132.214

(457,904.09)(457,904.09)ACCUMULATED DEPRECIATION - LAND IMPROVEM901-000.000-133.000(215,544.17)(215,544.17)ACCUM DEPR - LAND IMPROV - DDA901-000.000-133.210(28,494.37)(28,494.37)ACCUM DEPR - LAND IMPROV - LDFA901-000.000-133.214

1,753,228.03 1,753,228.03 BUILDINGS, ETC. - GFA, GENERAL FUND901-000.000-136.101461,759.56 461,759.56 BUILDINGS, ETC. - GFA, FIRE DEPARTMENT901-000.000-136.206360,896.42 360,896.42 BUILDINGS, ETC. - PARKS & RECREATION901-000.000-136.208

(1,108,167.30)(1,108,167.30)ACCUMULATED DEPRECIATION-BUILDINGS901-000.000-137.000353,502.59 353,502.59 EQUIPMENT - GFA, GENERAL FUND901-000.000-138.101622,814.64 622,814.64 EQUIPMENT - GFA, FIRE DEPARTMENT901-000.000-138.206130,822.77 130,822.77 EQUIPMENT - GFA, PARKS & RECREATION901-000.000-138.208138,200.00 138,200.00 EQUIPMENT - DDA901-000.000-138.210

(684,964.46)(684,964.46)ACCUMULATED DEPRECIATION-EQUIPMENT901-000.000-138.500(138,200.00)(138,200.00)ACCUM DEPR - EQUIP (DDA)901-000.000-139.210

1,269.00 1,269.00 OFFICE EQUIPMENT - GFA, FIRE DEPARTMENT901-000.000-146.206(1,269.00)(1,269.00)ACCUMULATED DEPR. - OFFICE EQUIPMENT901-000.000-147.000

1,691,812.02 1,691,812.02 VEHICLES - FIRE DEPARTMENT901-000.000-148.206(829,408.71)(829,408.71)ACCUMULATED DEPRECIATION - VEHICLES901-000.000-149.000

1,198,920.21 1,198,920.21 CONSTRUCTION IN PROGRESS901-000.000-158.000

11,915,775.88 11,915,775.88 Total Assets

*** Liabilities ***



4,384,525.32 4,384,525.32 INVESTMENT IN LAND901-000.000-130.3994,386,324.39 4,386,324.39 INVESTMENT IN LAND IMPROVEMENTS901-000.000-132.3991,860,347.32 1,860,347.32 INVESTMENT IN BUILDINGS, ETC.901-000.000-136.399

422,175.54 422,175.54 INVESTMENT IN EQUIPMENT901-000.000-138.399862,403.31 862,403.31 INVESTMENT IN VEHICLES901-000.000-148.399


0.00 1,198,499.75 Fund Balance Adjustments


0.00 0.00 Net of Revenues VS Expenditures

11,915,775.88 11,915,775.88 Ending Fund Balance11,915,775.88 11,915,775.88 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 902 GENERAL LONG-TERM DEBT



*** Assets ***

1,513,000.00 1,513,000.00 AMOUNT TO BE PROVIDED - LTD902-000.000-186.000

1,513,000.00 1,513,000.00 Total Assets

*** Liabilities ***

26,072.69 26,072.69 ACCRUED INT PAYABLE902-000.000-256.0002,023.92 2,023.92 ACCRUED INT PAYABLE902-000.000-256.210

65,303.49 65,303.49 MMCAA INSTALLMENT LOAN902-000.000-304.000278,000.00 278,000.00 2006 DDA BOND902-000.000-306.001585,000.00 585,000.00 2012 REFUNDING BONDS -PUBLIC SAFETY BLDG902-000.000-312.000123,285.00 123,285.00 SOCCER COMPLEX LOAN PAYABLE902-000.000-313.000545,000.00 545,000.00 NORTH INFRASTRUCTURE DEBT902-000.000-315.000525,000.00 525,000.00 2015 HP E-ONE 78' AERIAL902-000.000-318.000130,596.24 130,596.24 2016 LED STREET/SIDEWALK LIGHT FIXTURES902-000.000-319.000

2,280,281.34 2,280,281.34 Total Liabilities


(767,281.34)26,945.22 FISCAL FUND BALANCE902-000.000-391.000

(767,281.34)26,945.22 Total Fund Balance

(767,281.34)26,945.22 Beginning Fund Balance

0.00 (794,226.56)Net of Revenues VS Expenditures(767,281.34)(767,281.34)Ending Fund Balance

1,513,000.00 1,513,000.00 Total Liabilities And Fund Balance



07/13/2017 10:59 AMUser: MICHELLEDB: Clare Fund 934 GASB ACCRUALS



*** Assets ***

235,488.00 235,488.00 DUE FROM GOVT ACTIVITIES934-000.000-084.000

235,488.00 235,488.00 Total Assets

*** Liabilities ***

235,488.00 235,488.00 DUE TO BUS TYPE ACTIVITIES934-000.000-214.000(37,381.00)(37,381.00)DEFERRED REVENUES934-000.000-339.000



(179,556.00)(179,556.00)FUND BALANCE934-000.000-390.000216,937.00 216,632.00 FISCAL FUND BALANCE934-000.000-391.000



0.00 305.00 Net of Revenues VS Expenditures37,381.00 37,381.00 Ending Fund Balance235,488.00 235,488.00 Total Liabilities And Fund Balance


to: mayor pat humphrey and the clare city commission from: … · 2017-07-15 · $ 26,529.11 $ 2.20...

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