Western Coventry Fire District
Treasurer Report
August 31, 2008
             
    2008/2009   2008/2009   2007/2008
REVENUES: Budget   Actual   Actual
             
Fire Taxes   460,000.00   7,243.31   15,915.03
State Auto Tax Re-imbursement 27,500.00   13,680.71   13,680.71
Interest Income 10,000.00   7,587.25   9,667.13
Smoke Detector Inspections 1,000.00   480.00   990.00
Blueprint Inspections 500.00   500.00   300.00
Misc.   0.00   28.00   12.00
Grants       0.00   2,000.00
Surplus Applied 9,938.00   0.00   0.00
             
TOTAL REVENUES $508,938.00   $29,519.27   $42,564.87
             
    2008/2009   2008/2009   2007/2008
EXPENSES: Budget   Actual   Actual
             
Compensation and Payroll Taxes 267,756.00   127,669.14   116,009.66
Training and Admin 19,235.00   8,985.19   3,909.35
Insurance   33,080.00   23,439.00   23,475.00
Legal and Professional 21,250.00   11,344.67   17,195.84
Truck and Equipment Maintenance 25,835.00   19,024.12   9,915.14
Building and Facility Maintenance 18,200.00   6,808.47   5,894.41
Rescue Supplies 6,065.00   3,145.66   2,561.19
Office Supplies 6,707.00   2,532.77   2,569.56
Gear and Equipment 16,810.00   975.37   276.94
Telephone   3,000.00   1,310.88   1,291.33
Miscellaneous 1,000.00   273.57   439.97
             
TOTAL OPERATING EXPENSES $418,938.00   $205,508.84   $183,538.39
             
New Station Funding From Budget $90,000.00   $0.00   $5,500.00
             
Total Budget $508,938.00   $205,508.84   $90,499.39
             
Rescue Recovery Fund Beginning Balance $177,271.72       $152,768.53
Rescue Recovery Revenues 41,526.31       33,945.13
Rescue Recovery Expenditures:          
   CO Monitor 4,261.46        
   ATV   11,800.00       10,444.00
Rescue Recovery Fund Ending Balance $202,736.57       $176,269.66
             
Capital Reserve Beginning Balance $459,291.08       $353,741.08
RTE 102 Station Expenses From Reserve 107,078.51        
Capital Reserve Ending Balance $352,212.57       $353,741.08
             
Cash & Taxes Receivable          
Centreville Bank Accounts $55,647.18       $30,982.74
Fidelity MMK   $462,991.93       $461,864.95
Taxes Receivable $65,147.38       $83,391.81
             
Accounts Payable and Debt          
Loans   $0.00       $0.00
Wages & Accounts Payable $13,491.22       $26,062.16
Firemen Fund $2,178.43       $1,248.97
             
General Fund Balance $13,167.70       $18,917.63
             
Respectfully Submitted,    
             
Glenn Underwood