To: Mayor Pat Humphrey and the Clare City Commission From ...cityofclare.org/government/bc/commissionpackets... · $ 54,771.06 $ 7,257.10 $ 84.66 $ 61,943.50 from 11/01/2017 to 11/30/2017

To: Mayor Pat Humphrey and the Clare City Commission From: Steven J. Kingsbury, MBA, CPFA, MiCPT Treasurer, Finance and Technology Director Date: December 15, 2017 Reference: Treasurer’s Report for December 18, 2017 Account Reconciliation Report: All accounts of the City of Clare are in balance as of November 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 November 30, 2017. MEDC ICE Grant Reimbursement Requests: Earlier this week I prepared and submitted two grant reimbursement requests for the ICE grant which total $372,794.73. This amount represents 83% of the total expenses ($449,150.27) that has been incurred to date on the project with the remaining 17% ($76,355.55) being the City's match. Even though the actual construction project started earlier this summer the contractor invoices have only been received and paid within the past few weeks. There will be one more grant reimbursement request that we will submit once the final contractor application for payment has been received, approved and paid. Revenue and Expenditure Report: Enclosed you will find a Summary Revenue and Expenditure Report (Unaudited) of the City of Clare prepared as of November 30, 2017. Balance Sheet: Enclosed you will find a Comparative Balance Sheet (Unaudited) of the City of Clare prepared as of November 30, 2017. FY2016/17 External Audit: The final steps for the FY2016/17 financial audit are currently being taken and anticipated to be completed next week. These include the preparation and submission of the F-65 Report, submittal of the audit report to the State Treasury and Federal Agencies and completion of the Annual Qualifying Statement.

Treasurer's Report Page 1 of 48

Interest Balance Total Total BalanceFinancial Institution/Account Description Rates 11/1/17 Increases Decreases 11/30/17

City of Clare Accounts

Chemical Bank/Consolidated Account 0.100% 581,239.91$ 959,114.20$ 1,256,618.60$ 283,735.51Chemical Bank/Rural Development Bond & Interest Acct 0.020% 60,397.37 0.99 - 60,398.36Chemical Bank/Rural Development RRI Acct 0.020% 52,215.14 0.86 - 52,216.00Chemical Bank/USDA Sewer Bond Pmt Reserve Acct 0.020% 4,126.01 0.07 - 4,126.08Chemical Bank/USDA Sewer Bond RRI Reserve Acct 0.020% 12,936.50 0.21 - 12,936.71Chemical Bank/USDA Water Bond Pmt Reserve Acct 0.020% 6,876.68 0.11 - 6,876.79Chemical Bank/USDA Water Bond RRI Reserve Acct 0.020% 11,833.42 0.19 - 11,833.61Mercantile/Money Market Account 0.200% 73,917.26 12.15 - 73,929.41Chemical Bank/Current Property Tax Account 0.100% 62,867.89 3,130.73 54,971.01 11,027.61Petty 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 0.80% to 1.30% 1,900,000.00 85,000.00 285,000.00 1,700,000.00MMCAA - Fiduciary Account for the Railroad Depot N/A 31,430.61 - - 31,430.61Mercantile/Hatton Township Landfill Trust Fund 0.900% 201,733.33 - - 201,733.33

Total - City of Clare Accounts 3,001,024.12$ 1,047,259.51$ 1,596,589.61$ 2,451,694.02$

City of Clare Component Unit Accounts

Chemical Bank DDA Account 0.100% 54,771.06 7,257.10 84.66 61,943.50

Total - City of Clare Component Unit Accounts 54,771.06$ 7,257.10$ 84.66$ 61,943.50$

From 11/01/2017 to 11/30/2017 CASH AND INVESTMENT SUMMARY (UNAUDITED) BY BANK

CITY OF CLARE


Investment TransactionalBALANCE TOTAL TOTAL BALANCE Balances Account Balances

FUND DESCRIPTION 11/1/2017 DEBITS CREDITS 11/30/2017 11/30/2017 11/30/2017

101 General Fund 964,545.90 360,200.54 443,955.16 880,791.28 585,000.00$ 295,791.28$ 150 Cemetery Perpetual Care 282,094.99 185.78 0.00 282,280.77 260,000.00 22,280.77 202 Major Streets (44,811.19) 21,346.74 293,418.75 (316,883.20) - (316,883.20) 203 Local Streets (29,552.65) 9,456.01 13,944.46 (34,041.10) - (34,041.10) 204 Municipal Street Fund 124,630.88 44,940.97 69,656.68 99,915.17 - 99,915.17 206 Fire Fund 318,030.48 9,085.67 11,625.83 315,490.32 270,000.00 45,490.32 208 Parks and Recreation 180,267.94 288,702.51 386,914.88 82,055.57 - 82,055.57 210 Downtown Development Authority (DDA) 54,771.06 7,257.10 84.66 61,943.50 - 61,943.50 211 Sidewalk Replacement Fund 340.38 0.02 0.00 340.40 - 340.40 243 Brownfield Redevelopment Authority Fund 4,597.22 0.27 0.00 4,597.49 - 4,597.49 265 Drug Law Enforcement Fund 1,440.07 0.09 0.00 1,440.16 - 1,440.16 287 Police Training 302 Fund 3,245.85 0.00 0.00 3,245.85 3,245.85 590 Sewer System Fund 612,801.48 83,219.94 96,452.46 599,568.96 385,000.00 214,568.96 591 Water System Fund 273,022.89 85,663.17 85,126.57 273,559.49 200,000.00 73,559.49 636 Data Processing Fund 26,220.09 5,526.68 3,374.28 28,372.49 - 28,372.49 641 Mobile Equipment Fund 25,994.81 30,435.57 25,183.22 31,247.16 - 31,247.16 703 Property Tax Fund 62,867.89 3,130.73 54,971.01 11,027.61 - 11,027.61 704 Imprest Payroll Fund (6,446.24) 105,364.82 111,966.31 (13,047.73) - (13,047.73) 765 Hatton Township Landfill Trust Fund 201,733.33 0.00 0.00 201,733.33 201,733.33 -

TOTAL - ALL FUNDS 3,055,795.18$ 1,054,516.61$ 1,596,674.27$ 2,513,637.52$ 1,901,733.33$ 611,904.19$

NOTES:

CASH SUMMARY BY FUND FOR THE CITY OF CLARE From 11/01/2017 To 11/30/2017

ALL FUNDS (UNAUDITED) CASH and INVESTMENT ACCOUNTS

Parks and Recreation Fund - balance includes Grant/Donation Funds reserved for the Skate Park of $12,229.08, the Chamber Depot Project of $900.76; and the Depot Restoration Project of $31,430.61.


Summary

Revenue and Expenditure Report

Prepared as of

November 30, 2017


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

REVENUE AND EXPENDITURE REPORT FOR CITY OF CLARE 1/21Page:

12/12/2017 01:29 PMUser: MICHELLEDB: Clare

PERIOD ENDING 11/30/2017% Fiscal Year Completed: 41.92

% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)

ACTIVITY FORMONTH 11/30/17

INCR (DECR)

YTD BALANCE11/30/2017

NORM (ABNORM)2017-18

AMENDED BUDGET

END BALANCE06/30/2017

NORM (ABNORM)DESCRIPTIONACCOUNT

Fund 101 - GENERAL FUND53.19 1,604,121.06 211,776.68 1,822,531.05 3,426,652.11 2,691,383.83 000.000-GENERAL36.83 28,425.00 3,225.00 16,575.00 45,000.00 45,000.00 931.000-TRANSFERS IN AND OTHER SOURCES

52.97 1,632,546.06 215,001.68 1,839,106.05 3,471,652.11 2,736,383.83 TOTAL REVENUES

65.28 15,190.91 5,233.50 28,559.09 43,750.00 41,491.70 101.000-CITY COMMISSION39.70 67,569.44 9,444.00 44,477.00 112,046.44 112,663.58 172.000-CITY MANAGEMENT/ADMINISTRATION34.34 100,662.83 9,911.78 52,641.11 153,303.94 151,564.58 191.000-FISCAL SERVICES37.73 125,291.77 15,024.79 75,930.12 201,221.89 188,472.90 215.000-CLERK2.92 1,546.97 0.00 46.53 1,593.50 835.00 247.000-BOARD OF REVIEW

37.33 65,201.21 9,824.89 38,831.54 104,032.75 100,438.97 257.000-ASSESSOR27.96 6,173.65 1,595.99 2,396.35 8,570.00 4,260.19 262.000-ELECTIONS44.49 37,946.12 4,290.84 30,409.29 68,355.41 82,815.62 265.000-BUILDING AND GROUNDS38.46 27,695.20 10,047.70 17,304.80 45,000.00 37,510.71 266.000-ATTORNEY72.35 23,191.15 7,928.01 60,680.20 83,871.35 75,768.62 276.000-CEMETERY39.05 550,793.65 64,566.07 352,927.68 903,721.33 825,708.10 301.000-POLICE12.38 219.04 0.00 30.96 250.00 6,763.93 371.000-BUILDING INSPECTION DEPARTMENT44.05 27,174.89 3,661.50 21,391.90 48,566.79 59,614.77 441.000-DEPARTMENT OF PUBLIC WORKS20.97 1,975.78 524.22 524.22 2,500.00 6.93 445.000-DRAINS - PUBLIC BENEFIT50.99 21,183.66 4,617.17 22,041.05 43,224.71 55,908.24 448.000-STREET LIGHTING25.65 41,344.13 11,238.96 14,261.42 55,605.55 35,412.79 526.000-LANDFILL CLOSURE45.45 105,693.98 18,908.24 88,068.65 193,762.63 211,079.90 528.000-REFUSE COLLECTION/DISPOSAL7.40 1,113,662.32 5,419.74 89,010.61 1,202,672.93 283,917.06 537.000-AIRPORT

49.78 17,325.90 60.00 17,174.10 34,500.00 22,863.46 721.000-PLANNING0.00 43,796.74 0.00 0.00 43,796.74 42,804.62 906.000-DEBT SERVICE

208.14 (6,066.16)2,529.75 11,675.91 5,609.75 35,254.82 955.000-NON DEPARTMENTAL90.47 37,557.25 100,000.00 356,387.47 393,944.72 372,095.29 999.000-TRANSFERS (OUT) AND OTHER USES

35.33 2,425,130.43 284,827.15 1,324,770.00 3,749,900.43 2,747,251.78 TOTAL EXPENDITURES

184.85 (792,584.37)(69,825.47)514,336.05 (278,248.32)(10,867.95)NET OF REVENUES & EXPENDITURES

35.33 2,425,130.43 284,827.15 1,324,770.00 3,749,900.43 2,747,251.78 TOTAL EXPENDITURES52.97 1,632,546.06 215,001.68 1,839,106.05 3,471,652.11 2,736,383.83 TOTAL REVENUES

Fund 101 - GENERAL FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 150 - CEMETERY PERPETUAL CARE53.95 4,641.73 185.78 5,438.27 10,080.00 12,198.66 000.000-GENERAL

53.95 4,641.73 185.78 5,438.27 10,080.00 12,198.66 TOTAL REVENUES

100.00 (400.00)0.00 400.00 0.00 0.00 276.000-CEMETERY0.00 5,000.00 0.00 0.00 5,000.00 5,000.00 999.000-TRANSFERS (OUT) AND OTHER USES

8.00 4,600.00 0.00 400.00 5,000.00 5,000.00 TOTAL EXPENDITURES

99.18 41.73 185.78 5,038.27 5,080.00 7,198.66 NET OF REVENUES & EXPENDITURES

8.00 4,600.00 0.00 400.00 5,000.00 5,000.00 TOTAL EXPENDITURES53.95 4,641.73 185.78 5,438.27 10,080.00 12,198.66 TOTAL REVENUES

Fund 150 - CEMETERY PERPETUAL CARE:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 202 - MAJOR STREETS22.36 232,010.88 21,212.18 66,835.90 298,846.78 263,333.71 000.000-GENERAL

22.36 232,010.88 21,212.18 66,835.90 298,846.78 263,333.71 TOTAL REVENUES

44.71 2,924.57 382.38 2,365.14 5,289.71 4,515.10 444.000-SIDEWALKS40.75 34,493.91 2,946.30 23,724.19 58,218.10 53,651.77 446.001-STATE TRUNKLINE MAINTENANCE518.06 (341,425.72)288,054.09 423,095.31 81,669.59 139,160.50 449.002-PRESERVATION STREETS33.78 9,403.91 760.55 4,796.09 14,200.00 11,645.56 449.003-WINTER MAINTENANCE38.39 10,795.39 1,140.87 6,727.03 17,522.42 14,875.12 449.004-ADMIN, ENGINEERING & RECORD KEEPING0.00 1,125.00 0.00 0.00 1,125.00 0.00 906.000-DEBT SERVICE

56.50 43,500.00 0.00 56,500.00 100,000.00 90,000.00 999.000-TRANSFERS (OUT) AND OTHER USES

186.03 (239,182.94)293,284.19 517,207.76 278,024.82 313,848.05 TOTAL EXPENDITURES

2,162.97 471,193.82 (272,072.01)(450,371.86)20,821.96 (50,514.34)NET OF REVENUES & EXPENDITURES

186.03 (239,182.94)293,284.19 517,207.76 278,024.82 313,848.05 TOTAL EXPENDITURES22.36 232,010.88 21,212.18 66,835.90 298,846.78 263,333.71 TOTAL REVENUES

Fund 202 - MAJOR STREETS:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 203 - LOCAL STS FUND27.43 77,940.99 9,388.73 29,461.29 107,402.28 96,470.52 000.000-GENERAL56.50 43,500.00 0.00 56,500.00 100,000.00 105,000.00 931.000-TRANSFERS IN AND OTHER SOURCES

41.45 121,440.99 9,388.73 85,961.29 207,402.28 201,470.52 TOTAL REVENUES

44.99 2,909.73 357.35 2,379.98 5,289.71 4,509.56 444.000-SIDEWALKS40.82 1,450.00 200.00 1,000.00 2,450.00 115,756.95 449.001-CONSTRUCTION STREETS (INCL. ENG.& ROW)43.08 98,387.20 11,853.00 74,476.58 172,863.78 155,142.08 449.002-PRESERVATION STREETS33.45 6,788.55 525.91 3,411.45 10,200.00 5,552.45 449.003-WINTER MAINTENANCE38.04 9,245.31 940.92 5,677.11 14,922.42 8,250.44 449.004-ADMIN, ENGINEERING & RECORD KEEPING100.00 (1,694.38)0.00 1,694.38 0.00 0.00 906.000-DEBT SERVICE

43.09 117,086.41 13,877.18 88,639.50 205,725.91 289,211.48 TOTAL EXPENDITURES

159.76 4,354.58 (4,488.45)(2,678.21)1,676.37 (87,740.96)NET OF REVENUES & EXPENDITURES

43.09 117,086.41 13,877.18 88,639.50 205,725.91 289,211.48 TOTAL EXPENDITURES41.45 121,440.99 9,388.73 85,961.29 207,402.28 201,470.52 TOTAL REVENUES

Fund 203 - LOCAL STS FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 204 - MUNICIPAL STREET FUND92.11 19,786.57 4,940.97 231,048.59 250,835.16 0.00 000.000-GENERAL

92.11 19,786.57 4,940.97 231,048.59 250,835.16 0.00 TOTAL REVENUES

45.70 155,806.47 29,656.68 131,133.42 286,939.89 0.00 449.001-CONSTRUCTION STREETS (INCL. ENG.& ROW)

45.70 155,806.47 29,656.68 131,133.42 286,939.89 0.00 TOTAL EXPENDITURES

276.74 (136,019.90)(24,715.71)99,915.17 (36,104.73)0.00 NET OF REVENUES & EXPENDITURES

45.70 155,806.47 29,656.68 131,133.42 286,939.89 0.00 TOTAL EXPENDITURES92.11 19,786.57 4,940.97 231,048.59 250,835.16 0.00 TOTAL REVENUES

Fund 204 - MUNICIPAL STREET FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 206 - FIRE FUND12.31 187,362.26 799.88 26,313.44 213,675.70 374,635.67 000.000-GENERAL100.00 0.00 0.00 95,583.73 95,583.73 94,160.84 931.000-TRANSFERS IN AND OTHER SOURCES

39.42 187,362.26 799.88 121,897.17 309,259.43 468,796.51 TOTAL REVENUES

31.95 183,765.91 11,625.83 86,268.03 270,033.94 242,039.39 336.000-FIRE DEPARTMENT100.00 0.00 0.00 44,264.23 44,264.23 82,822.23 906.000-DEBT SERVICE82.17 3,371.50 0.00 15,535.83 18,907.33 21,120.33 999.000-TRANSFERS (OUT) AND OTHER USES


100.94 224.85 (10,825.95)(24,170.92)(23,946.07)122,814.56 NET OF REVENUES & EXPENDITURES

43.84 187,137.41 11,625.83 146,068.09 333,205.50 345,981.95 TOTAL EXPENDITURES39.42 187,362.26 799.88 121,897.17 309,259.43 468,796.51 TOTAL REVENUES

Fund 206 - FIRE FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 208 - PARKS AND RECREATION87.46 14,840.57 3,702.51 103,458.75 118,299.32 387,669.86 000.000-GENERAL87.96 32,500.00 100,000.00 237,500.00 270,000.00 575,000.00 931.000-TRANSFERS IN AND OTHER SOURCES

87.81 47,340.57 103,702.51 340,958.75 388,299.32 962,669.86 TOTAL REVENUES

183.95 (215,994.70)192,700.64 473,284.42 257,289.72 542,106.11 751.001-PARKS41.14 53,186.81 8,989.24 37,175.75 90,362.56 83,966.58 751.002-RECREATION168.70 (37,514.34)0.00 92,120.54 54,606.20 37,290.25 906.000-DEBT SERVICE44.34 1,113.21 150.00 886.79 2,000.00 2,118.99 955.000-NON DEPARTMENTAL

149.28 (199,209.02)201,839.88 603,467.50 404,258.48 665,481.93 TOTAL EXPENDITURES

1,644.88 246,549.59 (98,137.37)(262,508.75)(15,959.16)297,187.93 NET OF REVENUES & EXPENDITURES

149.28 (199,209.02)201,839.88 603,467.50 404,258.48 665,481.93 TOTAL EXPENDITURES87.81 47,340.57 103,702.51 340,958.75 388,299.32 962,669.86 TOTAL REVENUES

Fund 208 - PARKS AND RECREATION:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 210 - DDA(DOWNTOWN DVLPMT AUTHORITY)92.91 6,286.81 7,257.10 82,395.26 88,682.07 167,061.12 000.000-GENERAL

92.91 6,286.81 7,257.10 82,395.26 88,682.07 167,061.12 TOTAL REVENUES

30.49 39,965.74 59.71 17,534.26 57,500.00 136,411.78 747.001-DDA - OPERATIONS29.72 878.50 24.95 371.50 1,250.00 1,159.93 747.002-DDA - MAINSTREET86.30 5,007.00 0.00 31,553.00 36,560.00 36,624.75 906.000-DEBT SERVICE

51.89 45,851.24 84.66 49,458.76 95,310.00 174,196.46 TOTAL EXPENDITURES

496.93 (39,564.43)7,172.44 32,936.50 (6,627.93)(7,135.34)NET OF REVENUES & EXPENDITURES

51.89 45,851.24 84.66 49,458.76 95,310.00 174,196.46 TOTAL EXPENDITURES92.91 6,286.81 7,257.10 82,395.26 88,682.07 167,061.12 TOTAL REVENUES

Fund 210 - DDA(DOWNTOWN DVLPMT AUTHORITY):






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 211 - SIDEWALK REPLACEMENT FUND100.00 (0.12)0.02 0.12 0.00 1.46 000.000-GENERAL

100.00 (0.12)0.02 0.12 0.00 1.46 TOTAL REVENUES

0.00 340.20 0.00 0.00 340.20 500.00 444.000-SIDEWALKS

0.00 340.20 0.00 0.00 340.20 500.00 TOTAL EXPENDITURES

0.04 (340.32)0.02 0.12 (340.20)(498.54)NET OF REVENUES & EXPENDITURES

0.00 340.20 0.00 0.00 340.20 500.00 TOTAL EXPENDITURES100.00 (0.12)0.02 0.12 0.00 1.46 TOTAL REVENUES

Fund 211 - SIDEWALK REPLACEMENT FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 243 - BROWNFIELD REDEVELOPMENT AUTHORITY FUND37.75 2.49 0.27 1.51 4.00 4.66 000.000-GENERAL

37.75 2.49 0.27 1.51 4.00 4.66 TOTAL REVENUES

37.75 2.49 0.27 1.51 4.00 4.66 NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES37.75 2.49 0.27 1.51 4.00 4.66 TOTAL REVENUES

Fund 243 - BROWNFIELD REDEVELOPMENT AUTHORITY FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 265 - DRUG LAW ENFORCEMENT FUND14.27 1,714.54 0.09 285.46 2,000.00 1,146.80 000.000-GENERAL

14.27 1,714.54 0.09 285.46 2,000.00 1,146.80 TOTAL REVENUES

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

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

21.59 (1,607.63)0.09 285.46 (1,322.17)1,146.80 NET OF REVENUES & EXPENDITURES

0.00 3,322.17 0.00 0.00 3,322.17 0.00 TOTAL EXPENDITURES14.27 1,714.54 0.09 285.46 2,000.00 1,146.80 TOTAL REVENUES

Fund 265 - DRUG LAW ENFORCEMENT FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 287 - POLICE TRAINING 302 FUND0.00 1,500.00 0.00 0.00 1,500.00 818.00 000.000-GENERAL0.00 0.00 0.00 0.00 0.00 1,253.96 931.000-TRANSFERS IN AND OTHER SOURCES

0.00 1,500.00 0.00 0.00 1,500.00 2,071.96 TOTAL REVENUES

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

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

0.00 0.00 0.00 0.00 0.00 2,071.96 NET OF REVENUES & EXPENDITURES

0.00 1,500.00 0.00 0.00 1,500.00 0.00 TOTAL EXPENDITURES0.00 1,500.00 0.00 0.00 1,500.00 2,071.96 TOTAL REVENUES

Fund 287 - POLICE TRAINING 302 FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 303 - PUBLIC SAFETY BLDG DEBT SERVIC82.17 8,428.75 0.00 38,839.57 47,268.32 52,800.82 931.000-TRANSFERS IN AND OTHER SOURCES

82.17 8,428.75 0.00 38,839.57 47,268.32 52,800.82 TOTAL REVENUES

82.17 8,428.75 0.00 38,839.57 47,268.32 52,800.82 223.000-DEBT SERVICE

82.17 8,428.75 0.00 38,839.57 47,268.32 52,800.82 TOTAL EXPENDITURES

0.00 0.00 0.00 0.00 0.00 0.00 NET OF REVENUES & EXPENDITURES

82.17 8,428.75 0.00 38,839.57 47,268.32 52,800.82 TOTAL EXPENDITURES82.17 8,428.75 0.00 38,839.57 47,268.32 52,800.82 TOTAL REVENUES

Fund 303 - PUBLIC SAFETY BLDG DEBT SERVIC:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 590 - SEWER SYSTEM FUND35.00 593,295.18 78,176.72 319,521.07 912,816.25 904,296.61 000.000-GENERAL

35.00 593,295.18 78,176.72 319,521.07 912,816.25 904,296.61 TOTAL REVENUES

39.69 333,535.36 49,939.12 219,514.20 553,049.56 733,443.04 536.001-SEWER TREATMENT AND PUMPING35.63 138,170.80 13,905.94 76,488.04 214,658.84 165,254.07 536.002-SEWER COLLECTION31.80 68,013.58 29,886.92 31,714.06 99,727.64 74,899.07 906.000-DEBT SERVICE41.50 5,850.00 825.00 4,150.00 10,000.00 10,000.00 999.000-TRANSFERS (OUT) AND OTHER USES


34.89 47,725.44 (16,380.26)(12,345.23)35,380.21 (79,299.57)NET OF REVENUES & EXPENDITURES


Fund 590 - SEWER SYSTEM FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 591 - WATER SYSTEM FUND34.83 521,442.18 55,727.44 278,623.69 800,065.87 726,358.67 000.000-GENERAL0.00 900,000.00 0.00 0.00 900,000.00 0.00 931.000-TRANSFERS IN AND OTHER SOURCES

16.39 1,421,442.18 55,727.44 278,623.69 1,700,065.87 726,358.67 TOTAL REVENUES

9.13 1,215,751.42 23,160.72 122,140.00 1,337,891.42 369,061.53 536.003-TREATMENT, PUMPING AND STORAGE59.42 121,981.81 53,941.53 178,604.07 300,585.88 190,307.16 536.004-WATER DISTRIBUTION25.64 106,614.60 6,372.94 36,768.62 143,383.22 83,708.79 536.005-PRINCIPAL RESPONSIBLE PARTY #13.43 55,257.00 0.00 1,964.54 57,221.54 21,574.23 906.000-DEBT SERVICE

41.50 5,850.00 825.00 4,150.00 10,000.00 10,000.00 999.000-TRANSFERS (OUT) AND OTHER USES

18.58 1,505,454.83 84,300.19 343,627.23 1,849,082.06 674,651.71 TOTAL EXPENDITURES

43.62 (84,012.65)(28,572.75)(65,003.54)(149,016.19)51,706.96 NET OF REVENUES & EXPENDITURES

18.58 1,505,454.83 84,300.19 343,627.23 1,849,082.06 674,651.71 TOTAL EXPENDITURES16.39 1,421,442.18 55,727.44 278,623.69 1,700,065.87 726,358.67 TOTAL REVENUES

Fund 591 - WATER SYSTEM FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 636 - DATA PROCESSING41.93 37,868.74 5,526.68 27,341.26 65,210.00 60,483.41 000.000-GENERAL

41.93 37,868.74 5,526.68 27,341.26 65,210.00 60,483.41 TOTAL REVENUES

28.51 43,644.27 2,474.28 17,405.73 61,050.00 51,077.03 228.000-DATA PROCESSING, INFORMATION TECHNOLOGY41.59 6,425.00 900.00 4,575.00 11,000.00 11,000.00 999.000-TRANSFERS (OUT) AND OTHER USES


78.37 (12,200.53)2,152.40 5,360.53 (6,840.00)(1,593.62)NET OF REVENUES & EXPENDITURES


Fund 636 - DATA PROCESSING:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 641 - MOBILE EQUIPMENT46.11 208,134.05 30,250.99 178,101.08 386,235.13 283,647.13 000.000-GENERAL88.73 14,600.00 0.00 115,000.00 129,600.00 0.00 931.000-TRANSFERS IN AND OTHER SOURCES

56.82 222,734.05 30,250.99 293,101.08 515,835.13 283,647.13 TOTAL REVENUES

60.90 191,304.97 25,027.36 297,960.97 489,265.94 353,616.32 441.000-DEPARTMENT OF PUBLIC WORKS40.00 600.00 75.00 400.00 1,000.00 1,000.00 999.000-TRANSFERS (OUT) AND OTHER USES


20.57 30,829.08 5,148.63 (5,259.89)25,569.19 (70,969.19)NET OF REVENUES & EXPENDITURES


Fund 641 - MOBILE EQUIPMENT:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 765 - HATTON TOWNSHIP LANDFILL TRUST FUND0.00 750.00 0.00 0.00 750.00 1,005.90 000.000-GENERAL

0.00 750.00 0.00 0.00 750.00 1,005.90 TOTAL REVENUES

0.00 750.00 0.00 0.00 750.00 1,005.90 NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES0.00 750.00 0.00 0.00 750.00 1,005.90 TOTAL REVENUES

Fund 765 - HATTON TOWNSHIP LANDFILL TRUST FUND:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 901 - GENERAL FIXED ASSETS0.00 0.00 0.00 0.00 0.00 26,247.00 000.000-GENERAL0.00 0.00 0.00 0.00 0.00 96,843.00 101.000-CITY COMMISSION0.00 0.00 0.00 0.00 0.00 112,189.00 301.000-POLICE0.00 0.00 0.00 0.00 0.00 51,462.00 441.000-DEPARTMENT OF PUBLIC WORKS0.00 0.00 0.00 0.00 0.00 68,655.00 751.001-PARKS

0.00 0.00 0.00 0.00 0.00 355,396.00 TOTAL EXPENDITURES

0.00 0.00 0.00 0.00 0.00 (355,396.00)NET OF REVENUES & EXPENDITURES

0.00 0.00 0.00 0.00 0.00 355,396.00 TOTAL EXPENDITURES0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES

Fund 901 - GENERAL FIXED ASSETS:






% BDGTUSED

AVAILABLEBALANCE

NORM (ABNORM)


INCR (DECR)



AMENDED BUDGET



Fund 902 - GENERAL LONG-TERM DEBT0.00 0.00 0.00 0.00 0.00 213,036.33 000.000-GENERAL

0.00 0.00 0.00 0.00 0.00 213,036.33 TOTAL EXPENDITURES


0.00 0.00 0.00 0.00 0.00 213,036.33 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 (11,352.00) 000.000-GENERAL0.00 0.00 0.00 0.00 0.00 208.00 101.000-CITY COMMISSION0.00 0.00 0.00 0.00 0.00 327.00 301.000-POLICE0.00 0.00 0.00 0.00 0.00 640.00 441.000-DEPARTMENT OF PUBLIC WORKS0.00 0.00 0.00 0.00 0.00 651.00 590.000-GASB 34 - SEWER0.00 0.00 0.00 0.00 0.00 473.00 591.000-GASB 34 - WATER0.00 0.00 0.00 0.00 0.00 181.00 751.001-PARKS

0.00 0.00 0.00 0.00 0.00 (8,872.00) TOTAL REVENUES


0.00 0.00 0.00 0.00 0.00 0.00 TOTAL EXPENDITURES0.00 0.00 0.00 0.00 0.00 (8,872.00)TOTAL REVENUES

Fund 934 - GASB ACCRUALS:

38.33 (264,658.25)(510,358.34)(164,464.79)(429,123.04)(402,786.41)NET OF REVENUES & EXPENDITURES

44.78 4,803,809.93 1,042,529.38 3,895,819.83 8,699,629.76 7,237,646.04 TOTAL EXPENDITURES - ALL FUNDS45.12 4,539,151.68 532,171.04 3,731,355.04 8,270,506.72 6,834,859.63 TOTAL REVENUES - ALL FUNDS


City of Clare

Comparative Balance Sheet

Prepared as of

November 30, 2017


COMPARATIVE BALANCE SHEET FOR CITY OF CLARE 1/22Page:

12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 101 GENERAL FUND

PERIOD ENDED11/30/2017

PERIOD ENDED11/30/2016DescriptionGL Number

*** Assets ***

220,411.87 89,445.15 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 ACCT101-000.000-001.00973,929.41 73,829.23 CASH - MERCANTILE101-000.000-002.001585,000.00 715,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.101-000.000-003.00014,198.38 16,320.78 ACCOUNTS RECEIVABLE101-000.000-040.00012,888.05 0.00 ACCOUNTS RECEIVABLE - LIBRARY101-000.000-040.27112,922.71 13,481.28 A/R UTILITIES101-000.000-043.000

(50.00)(350.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS101-000.000-043.001103.10 102.08 DUE FROM TAX FUND101-000.000-084.703

2,576.82 1,610.54 INVENTORY101-000.000-111.00018,564.50 3,545.29 INVENTORY - AIRPORT FUEL101-000.000-111.0011,062.38 986.00 PREPAID SALES TAX - AVIATION FUEL101-000.000-123.537

943,057.22 915,420.35 Total Assets

*** Liabilities ***

0.00 73.00 DUE TO COUNTY- TR FEES101-000.000-214.2220.00 292.00 DUE TO COUNTY - SCHOOL TR FEES101-000.000-214.225

233.40 404.55 DUE TO STATE OF MICHIGAN101-000.000-228.000290.00 240.00 UNDISTRIBUTED RECEIPTS101-000.000-273.000

523.40 1,009.55 Total Liabilities

*** Fund Balance ***

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

439,065.72 439,065.72 Total Fund Balance

* Year Not Closed

428,197.77 *16-17 End FB/17-18 Beg FB

439,065.72 439,065.72 Beginning Fund Balance

514,336.05 475,345.08 Net of Revenues VS Expenditures - Current Year942,533.82 914,410.80 Ending Fund Balance943,057.22 915,420.35 Total Liabilities And Fund Balance

(10,867.95)Net of Revenues VS Expenditures - 16-17



12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 150 CEMETERY PERPETUAL CARE



*** Assets ***

22,280.77 16,597.48 CASH150-000.000-001.000260,000.00 260,000.00 REPURCHASE AGREEMENTS150-000.000-003.000

282,280.77 276,597.48 Total Assets

*** Liabilities ***

0.00 0.00 Total Liabilities


(920.93)6,829.07 FUND BALANCE150-000.000-390.000270,964.77 263,214.77 NONEXPENDABLE FUND BALANCE150-000.000-390.001


* Year Not Closed

277,242.50 *16-17 End FB/17-18 Beg FB



7,198.66 Net of Revenues VS Expenditures - 16-17



12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 202 MAJOR STREETS



*** Assets ***

(316,883.20)19,091.62 CASH202-000.000-001.0000.00 90,000.00 REPURCHASE AGREEMENTS202-000.000-003.000

945.65 2,144.15 SPECIAL ASSESSMENTS RECEIVABLE202-000.000-045.000

(315,937.55)111,235.77 Total Assets

*** Liabilities ***

945.65 2,144.15 DEFERRED REVENUES202-000.000-339.000

945.65 2,144.15 Total Liabilities




* Year Not Closed

133,488.66 *16-17 End FB/17-18 Beg FB


(450,371.86)(74,911.38)Net of Revenues VS Expenditures - Current Year(316,883.20)109,091.62 Ending Fund Balance(315,937.55)111,235.77 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 203 LOCAL STS FUND



*** Assets ***

(34,041.10)14,317.28 CASH203-000.000-001.0000.00 20,000.00 REPURCHASE AGREEMENTS203-000.000-003.000

4,064.55 8,237.13 SPECIAL ASSESSMENTS RECEIVABLE203-000.000-045.000

(29,976.55)42,554.41 Total Assets

*** Liabilities ***

4,064.55 8,237.13 DEFERRED REVENUES203-000.000-339.000

4,064.55 8,237.13 Total Liabilities




* Year Not Closed

(31,362.89)*16-17 End FB/17-18 Beg FB


(2,678.21)(22,060.79)Net of Revenues VS Expenditures - Current Year(34,041.10)34,317.28 Ending Fund Balance(29,976.55)42,554.41 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 204 MUNICIPAL STREET FUND



*** Assets ***

99,915.17 0.00 CASH204-000.000-001.000

99,915.17 0.00 Total Assets

*** Liabilities ***



0.00 0.00 Total Fund Balance

* Year Not Closed

0.00 *16-17 End FB/17-18 Beg FB

0.00 0.00 Beginning Fund Balance

99,915.17 0.00 Net of Revenues VS Expenditures - Current Year99,915.17 0.00 Ending Fund Balance99,915.17 0.00 Total Liabilities And Fund Balance

0.00 Net of Revenues VS Expenditures - 16-17



12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 206 FIRE FUND



*** Assets ***

45,490.32 10,328.72 CASH206-000.000-001.000270,000.00 180,000.00 REPURCHASE AGREEMENTS206-000.000-003.000

1,077.00 2,285.25 ACCOUNTS RECEIVABLE206-000.000-040.0001,380.64 1,653.26 INVENTORY206-000.000-111.000

317,947.96 194,267.23 Total Assets

*** Liabilities ***

85,665.27 84,818.57 DEFERRED REVENUES206-000.000-339.000





* Year Not Closed

256,453.61 *16-17 End FB/17-18 Beg FB


(24,170.92)(24,190.39)Net of Revenues VS Expenditures - Current Year232,282.69 109,448.66 Ending Fund Balance317,947.96 194,267.23 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 208 PARKS AND RECREATION



*** Assets ***

50,624.96 23,282.96 CASH208-000.000-001.00031,430.61 19,121.05 CASH HELD BY MMCAA - DEPOT PROJECT208-000.000-001.800

0.00 345,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.208-000.000-003.000(80.00)0.00 ACCOUNTS RECEIVABLE208-000.000-040.000

23,500.00 27,000.00 SPECIAL ASSESSMENTS RECEIVABLE208-000.000-045.000

105,475.57 414,404.01 Total Assets

*** Liabilities ***

100.00 150.00 DEPOSITS PAYABLE - PARK RENTALS208-000.000-283.00023,500.00 27,000.00 DEFERRED REVENUES208-000.000-339.000



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


* Year Not Closed

344,384.32 *16-17 End FB/17-18 Beg FB


(262,508.75)340,057.62 Net of Revenues VS Expenditures - Current Year81,875.57 387,254.01 Ending Fund Balance105,475.57 414,404.01 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 210 DDA(DOWNTOWN DVLPMT AUTHORITY)



*** Assets ***

61,943.50 61,892.00 CASH210-000.000-001.000

61,943.50 61,892.00 Total Assets

*** Liabilities ***





* Year Not Closed

29,007.00 *16-17 End FB/17-18 Beg FB






12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 211 SIDEWALK REPLACEMENT FUND



*** Assets ***

340.40 339.00 CASH211-000.000-001.000

340.40 339.00 Total Assets

*** Liabilities ***



838.82 838.82 FUND BALANCE211-000.000-390.000


* Year Not Closed

340.28 *16-17 End FB/17-18 Beg FB


0.12 (499.82)Net of Revenues VS Expenditures - Current Year340.40 339.00 Ending Fund Balance340.40 339.00 Total Liabilities And Fund Balance

(498.54)Net of Revenues VS Expenditures - 16-17



12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 243 BROWNFIELD REDEVELOPMENT AUTHORITY FUND



*** Assets ***

4,597.49 4,593.28 CASH243-000.000-001.000

4,597.49 4,593.28 Total Assets

*** Liabilities ***



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


* Year Not Closed

4,595.98 *16-17 End FB/17-18 Beg FB


1.51 1.96 Net of Revenues VS Expenditures - Current Year4,597.49 4,593.28 Ending Fund Balance4,597.49 4,593.28 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 265 DRUG LAW ENFORCEMENT FUND



*** Assets ***

1,440.16 754.21 CASH265-000.000-001.000

1,440.16 754.21 Total Assets

*** Liabilities ***



7.90 7.90 FUND BALANCE265-000.000-390.000


* Year Not Closed

1,154.70 *16-17 End FB/17-18 Beg FB


285.46 746.31 Net of Revenues VS Expenditures - Current Year1,440.16 754.21 Ending Fund Balance1,440.16 754.21 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 287 POLICE TRAINING 302 FUND



*** Assets ***

3,245.85 1,991.89 CASH287-000.000-001.000

3,245.85 1,991.89 Total Assets




* Year Not Closed

3,245.85 *16-17 End FB/17-18 Beg FB






12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 590 SEWER SYSTEM FUND



*** Assets ***

84,891.81 50,230.79 CASH590-000.000-001.00060,398.36 49,887.46 CASH - 2012 USDA BOND RESERVE ACCT590-000.000-001.01252,216.00 43,156.60 CASH - 2012 USDA BOND RRI ACCT590-000.000-001.0134,126.08 2,625.44 2014 USDA SEWER BOND PMT RESERVE ACCOUNT590-000.000-001.014

12,936.71 8,231.66 2014 USDA SEWER BOND RRI RESERVE ACCOUNT590-000.000-001.015385,000.00 360,000.00 REPURCHASE AGREEMENTS590-000.000-003.000

500.00 500.00 A/R TO TAXES590-000.000-034.00046,190.36 41,909.45 A/R UTILITIES590-000.000-043.000

(200.00)(1,500.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS590-000.000-043.0017,847.44 12,206.83 SPECIAL ASSESSMENTS RECEIVABLE590-000.000-045.000

44,333.83 45,987.29 INVENTORY590-000.000-111.00010,756.50 10,756.50 LAND590-000.000-130.000412,516.37 412,516.37 LAND IMPROVEMENTS590-000.000-132.000

(379,334.66)(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

(3,428,157.73)(3,316,452.72)ACCUMULATED DEPRECIATION-BUILDINGS590-000.000-137.0001,866,881.10 1,853,881.10 EQUIPMENT590-000.000-138.000(664,087.06)(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 - LAGOONS590-000.000-154.0014,945,192.38 4,920,742.38 SEWER SYSTEM - COLLECTION590-000.000-154.002

(2,919,413.19)(2,766,286.76)ACCUMULATED DEPR. - SEWER SYSTEM590-000.000-155.000

6,893,397.38 7,093,513.51 Total Assets

*** Liabilities ***

(39.45)0.00 ACCTS PAYABLE590-000.000-202.00012,617.93 13,037.10 ACCRUED INT PAYABLE590-000.000-256.000

302.15 0.00 DUE TO SEWER CUSTOMERS590-000.000-276.00017,897.85 17,750.00 SECURITY DEPOSITS590-000.000-285.000

2,390,953.69 2,434,953.69 2011 USDA RURAL DEVELOPMENT BONDS590-000.000-306.000125,000.00 155,000.00 2012 REFUNDING BONDS - SEWER SYSTEM590-000.000-312.000323,000.00 327,000.00 2014 RURAL DEVELOPMENT BONDING590-000.000-314.000

2,869,732.17 2,947,740.79 Total Liabilities


3,985,681.23 4,011,434.23 NET ASSETS590-000.000-391.00060,375.00 49,875.00 BOND RESERVE - 2011 RURAL DEV BOND PMT590-000.000-391.00252,195.53 43,145.53 BOND RESERVE - 2011 RURAL DEV - RRI590-000.000-391.0034,125.00 2,625.00 BOND RESERVE - 2015 RURAL DEV BOND PMT590-000.000-391.004

12,933.25 8,230.25 BOND RESERVE - 2015 RURAL DEV RRI590-000.000-391.005

4,115,310.01 4,115,310.01 Total Fund Balance

* Year Not Closed

4,036,010.44 *16-17 End FB/17-18 Beg FB

4,115,310.01 4,115,310.01 Beginning Fund Balance

(12,345.23)30,462.71 Net of Revenues VS Expenditures - Current Year4,023,665.21 4,145,772.72 Ending Fund Balance6,893,397.38 7,093,513.51 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 591 WATER SYSTEM FUND



*** Assets ***

54,849.09 48,414.13 CASH591-000.000-001.0006,876.79 4,375.71 2014 USDA WATER BOND PMT RESERVE ACCOUNT591-000.000-001.016

11,833.61 7,529.74 2014 USDA WATER BOND RRI RESERVE ACCOUNT591-000.000-001.017200,000.00 230,000.00 CERTIFICATES OF DEPOSIT/ REPURCHASE AGR.591-000.000-003.000

141.50 19,510.87 ACCOUNTS RECEIVABLE591-000.000-040.00029,137.98 23,162.34 A/R UTILITIES591-000.000-043.000

(100.00)(850.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS591-000.000-043.001353.68 707.26 SPECIAL ASSESSMENTS RECEIVABLE591-000.000-045.000

5,813.15 6,485.65 INVENTORY591-000.000-111.00042,632.25 42,632.25 LAND591-000.000-130.000454,584.99 454,584.99 BUILDING, ADDITIONS AND IMPROVEMENTS591-000.000-136.000

(398,085.49)(395,590.21)ACCUMULATED DEPRECIATION-BUILDINGS591-000.000-137.00017,852.84 17,852.84 EQUIPMENT591-000.000-138.000(17,852.84)(17,695.44)ACCUMULATED DEPR. - EQUIPMENT591-000.000-145.000819,068.03 807,012.53 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

1,404,675.25 1,396,675.25 WATER SYSTEM - MAINS591-000.000-152.0052,049,326.70 1,982,326.70 WATER SYSTEM - TRANSMISSION591-000.000-152.007

(1,778,236.69)(1,659,581.54)ACCUMULATED DEPR. WATER SYSTEM591-000.000-153.0002,500.00 0.00 CONSTRUCTION IN PROGRESS591-000.000-158.000

4,022,535.68 4,084,717.91 Total Assets

*** Liabilities ***

3,357.92 3,597.71 ACCRUED INT PAYABLE591-000.000-256.000140,000.00 165,000.00 2012 REFUNDING BONDS - WATER SYSTEM591-000.000-312.000539,000.00 546,000.00 2014 RURAL DEVELOPMENT BONDING591-000.000-314.000



3,334,768.84 3,341,570.84 NET ASSETS591-000.000-391.0006,875.00 4,375.00 BOND RESERVE - 2015 RURAL DEV BOND PMT591-000.000-391.004

11,830.50 7,528.50 BOND RESERVE - 2015 RURAL DEV RRI591-000.000-391.005


* Year Not Closed

3,405,181.30 *16-17 End FB/17-18 Beg FB


(65,003.54)16,645.86 Net of Revenues VS Expenditures - Current Year3,340,177.76 3,370,120.20 Ending Fund Balance4,022,535.68 4,084,717.91 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 636 DATA PROCESSING



*** Assets ***

28,372.49 16,356.82 CASH636-000.000-001.000385,830.41 385,830.41 OFFICE EQUIPMENT AND FURNITURE636-000.000-146.000

(357,102.90)(349,674.65)ACCUMULATED DEPR. - OFFICE EQUIPMENT636-000.000-147.000

57,100.00 52,512.58 Total Assets

*** Liabilities ***



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


* Year Not Closed

51,739.47 *16-17 End FB/17-18 Beg FB


5,360.53 (820.51)Net of Revenues VS Expenditures - Current Year57,100.00 52,512.58 Ending Fund Balance57,100.00 52,512.58 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 641 MOBILE EQUIPMENT



*** Assets ***

31,247.16 27,380.42 CASH641-000.000-001.000850.96 979.14 A/R UTILITIES641-000.000-043.000(50.00)(50.00)ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS641-000.000-043.001

7,752.76 5,919.81 INVENTORY - STREET ROAD SALT641-000.000-109.0001,425.78 418.30 INVENTORY - STREET COLD PATCH641-000.000-109.001

30,727.24 27,771.10 INVENTORY641-000.000-111.00085,000.00 85,000.00 LAND641-000.000-130.000667,283.12 667,283.12 BUILDING, ADDITIONS AND IMPROVEMENTS641-000.000-136.000

(475,972.08)(453,580.12)ACCUMULATED DEPRECIATION-BUILDINGS641-000.000-137.000578,551.64 563,091.14 EQUIPMENT641-000.000-138.00016,787.52 16,787.52 OTHER EQUIPMENT641-000.000-139.000

(576,622.01)(574,473.17)ACCUMULATED DEPR. - EQUIPMENT641-000.000-145.0001,089,882.39 1,108,231.39 VEHICLES - DPW641-000.000-148.000

161,167.47 161,167.47 VEHICLES - POLICE641-000.000-148.001(999,395.65)(958,051.91)ACCUMULATED DEPRECIATION - VEHICLES641-000.000-149.000

618,636.30 677,874.21 Total Assets

*** Liabilities ***

59.06 0.00 ACCTS PAYABLE641-000.000-202.000



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


* Year Not Closed

623,837.13 *16-17 End FB/17-18 Beg FB


(5,259.89)(16,932.11)Net of Revenues VS Expenditures - Current Year618,577.24 677,874.21 Ending Fund Balance618,636.30 677,874.21 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 703 PROPERTY TAX FUND



*** Assets ***

11,027.61 19,629.03 CASH703-000.000-001.000(2,672,707.91)198,055.35 TAXES RECEIVABLE - SUMMER703-000.000-018.000

(2,661,680.30)217,684.38 Total Assets

*** Liabilities ***

(1,346,046.98)125,716.70 DUE TO GENERAL FUND703-000.000-214.101(936.67)(0.35)DUE TO MAJOR STREET FUND703-000.000-214.202

(1,806.61)2,131.38 DUE TO LOCAL STREET FUND703-000.000-214.203(230,847.26)0.00 DUE TO MUNICIPAL STREETS703-000.000-214.204(80,065.48)6,135.78 DUE TO PARKS FUND703-000.000-214.208(3,536.27)203.27 DUE TO SEWER FUND703-000.000-214.590

(670.51)110.28 DUE TO WATER FUND703-000.000-214.591(18.01)784.38 DUE TO MOBILE EQUIPMENT703-000.000-214.641

(74,938.83)3,364.36 DUE TO COMPONENT UNIT - DDA703-000.000-215.001(736,695.79)53,731.53 DUE TO CLARE COUNTY703-000.000-222.001(107,879.92)9,087.39 DUE TO ISABELLA COUNTY703-000.000-222.002(76,455.75)5,620.41 DUE TO LIBRARY - PMDL703-000.000-223.000(1,898.16)0.00 DUE TO STATE OF MICHIGAN703-000.000-228.000

115.94 10,799.25 UNDISTRIBUTED TAX COLLECTIONS703-000.000-274.000

(2,661,680.30)217,684.38 Total Liabilities



* Year Not Closed

0.00 *16-17 End FB/17-18 Beg FB


0.00 0.00 Net of Revenues VS Expenditures - Current Year0.00 0.00 Ending Fund Balance

(2,661,680.30)217,684.38 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 704 IMPREST PAYROLL FUND



*** Assets ***

(13,047.73)(15,358.85)CASH704-000.000-001.000(71.50)0.00 ACCOUNTS RECEIVABLE704-000.000-040.000

(13,119.23)(15,358.85)Total Assets

*** Liabilities ***

5,030.81 4,850.22 DUE TO STATE OF MICHIGAN704-000.000-228.0000.00 (362.85)DUE TO FEDERAL GOV'T704-000.000-229.000

123.09 46.62 AFLAC PAYABLE704-000.000-231.00125,716.53 24,799.74 MERS PAYABLE704-000.000-231.002(44,086.60)(44,704.04)BLUE CROSS PAYABLE704-000.000-231.003

(708.50)(790.00)TEAMSTERS PAYABLE704-000.000-231.005805.44 801.46 DEFERRED COMP PAYABLE - MERS 457704-000.000-231.015

(13,119.23)(15,358.85)Total Liabilities

* Year Not Closed

0.00 *16-17 End FB/17-18 Beg FB


0.00 0.00 Net of Revenues VS Expenditures - Current Year0.00 0.00 Ending Fund Balance

(13,119.23)(15,358.85)Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: 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 ***



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


* Year Not Closed

201,733.33 *16-17 End FB/17-18 Beg FB






12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 901 GENERAL FIXED ASSETS



*** Assets ***

3,340,874.88 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

990,849.24 936,849.24 LAND - GFA, PARKS & RECREATION901-000.000-130.208108,126.20 108,126.20 LAND - DDA901-000.000-130.210

1,392,984.82 962,045.02 LAND IMPROVEMENTS - GFA, GENERAL FUND901-000.000-132.101870,699.05 870,699.05 ROAD IMPROVEMENTS - MAJOR STREETS901-000.000-132.202664,269.14 550,763.68 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

(594,306.77)(457,904.09)ACCUMULATED DEPRECIATION - LAND IMPROVEM901-000.000-133.000(237,643.94)(215,544.17)ACCUM DEPR - LAND IMPROV - DDA901-000.000-133.210(32,641.01)(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

(1,175,620.57)(1,108,167.30)ACCUMULATED DEPRECIATION-BUILDINGS901-000.000-137.000360,780.99 353,502.59 EQUIPMENT - GFA, GENERAL FUND901-000.000-138.101661,955.89 622,814.64 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

(740,641.62)(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

1,259,664.47 1,691,812.02 VEHICLES - FIRE DEPARTMENT901-000.000-148.206(477,271.31)(829,408.71)ACCUMULATED DEPRECIATION - VEHICLES901-000.000-149.000

1,166,197.97 1,198,920.21 CONSTRUCTION IN PROGRESS901-000.000-158.000

12,169,128.88 11,915,775.88 Total Assets

*** Liabilities ***



4,445,525.32 4,384,525.32 INVESTMENT IN LAND901-000.000-130.3994,782,239.39 4,386,324.39 INVESTMENT IN LAND IMPROVEMENTS901-000.000-132.3991,976,156.98 1,860,347.32 INVESTMENT IN BUILDINGS, ETC.901-000.000-136.399

468,595.03 422,175.54 INVESTMENT IN EQUIPMENT901-000.000-138.399852,008.16 862,403.31 INVESTMENT IN VEHICLES901-000.000-148.399


* Year Not Closed

12,169,128.88 *16-17 End FB/17-18 Beg FB608,749.00 Fund Balance Adjustments - 16-17

0.00 608,749.00 Fund Balance Adjustments


0.00 0.00 Net of Revenues VS Expenditures - Current Year

12,169,128.88 12,524,524.88 Ending Fund Balance12,169,128.88 11,915,775.88 Total Liabilities And Fund Balance




12/12/2017 01:26 PMUser: 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 ***

29,103.81 26,072.69 ACCRUED INT PAYABLE902-000.000-256.0001,851.00 2,023.92 ACCRUED INT PAYABLE902-000.000-256.210

54,470.89 65,303.49 MMCAA INSTALLMENT LOAN902-000.000-304.000253,000.00 278,000.00 2006 DDA BOND902-000.000-306.001550,000.00 585,000.00 2012 REFUNDING BONDS -PUBLIC SAFETY BLDG902-000.000-312.000107,043.88 123,285.00 SOCCER COMPLEX LOAN PAYABLE902-000.000-313.000534,000.00 545,000.00 NORTH INFRASTRUCTURE DEBT902-000.000-315.000496,958.26 525,000.00 2015 HP E-ONE 78' AERIAL902-000.000-318.000121,889.83 130,596.24 2016 LED STREET/SIDEWALK LIGHT FIXTURES902-000.000-319.000345,000.00 0.00 2016 SOUTH REC COMPLEX902-000.000-320.000

2,493,317.67 2,280,281.34 Total Liabilities


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

(767,281.34)(767,281.34)Total Fund Balance

* Year Not Closed

(980,317.67)*16-17 End FB/17-18 Beg FB

(767,281.34)(767,281.34)Beginning Fund Balance

0.00 0.00 Net of Revenues VS Expenditures - Current Year(980,317.67)(767,281.34)Ending Fund Balance

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




12/12/2017 01:26 PMUser: MICHELLEDB: Clare Fund 934 GASB ACCRUALS



*** Assets ***

236,612.00 235,488.00 DUE FROM GOVT ACTIVITIES934-000.000-084.000

236,612.00 235,488.00 Total Assets

*** Liabilities ***

236,612.00 235,488.00 DUE TO BUS TYPE ACTIVITIES934-000.000-214.000(28,509.00)(37,381.00)DEFERRED REVENUES934-000.000-339.000



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


* Year Not Closed

28,509.00 *16-17 End FB/17-18 Beg FB





Documents

To: Mayor Pat Humphrey and the Clare City Commission From ...cityofclare.org/government/bc/commissionpackets... · $ 54,771.06 $ 7,257.10 $ 84.66 $ 61,943.50 from 11/01/2017 to 11/30/2017