B-2-(a)Town of Berwick Financial Statements - March 31, 2010
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Consolidated Statement of Financial Activities 2010 Budget 2010 Actual 2009 Actual (Restated) Due from general operating fund (note 6) 59,034 68,873 Tangible capital assets (note 5) 6,838,784 6,993,203 $ 7,188,897 $ 7,431,452 Liabilities C...
AI summary The Consolidated Statement of Financial Activities outlines financial details for 2010 and 2009, including assets, liabilities, equity, and grants related to capital purposes. It includes information on long-term debt, grants, and adjustments to historical costs.
Remuneration 2010 2009 Assets Cash $ 22,503 $ - Utility plant in service (note 5) 5,621,130 5,448,679 $ 5,643,633 $ 5,448,679 Liabilities Current Short term borrowings $ - $ 380,000 Accounts payable 22,503 - Due to operating fund 50,000 -...
AI summary The text provides a financial summary comparing 2010 and 2009, detailing assets, liabilities, long-term debt, accumulated depreciation, and equity for the Town of Berwick. It highlights financial data including cash, utility plant in service, short-term and long-term borrowings, and depreciation.
The Town is required to fund its share of the Meadowview Landfill closure and postclosure costs of $333,188, of which $300,872 has been expensed through general operations to March 31, 2010. The balance of $32,316 is being expensed through...
AI summary The Town is responsible for funding its share of the Meadowview Landfill closure and postclosure costs, which amounts to $333,188. Of this, $300,872 has already been expensed through general operations up to March 31, 2010, while the remaining $32,316 is being expensed through the retirement of a debenture.
Town of Berwick Schedule of Capital Debt Charges and Term Debt March 31, 2010 Balance April 1 Due 2009 Issue Redeemed Balance March 31 2010 Interest Interest Rate Berwick and District Volunteer Fire Department 17,254 - Fundraising / Citize...
AI summary The document presents the Town of Berwick's Schedule of Capital Debt Charges and Term Debt as of March 31, 2010. It includes balances, interest rates, and details on debt issuance, redemption, and capital expenditures. The schedule outlines sources of funding, such as depreciation funds, capital contributions, and insurance proceeds, and how they were applied to capital asset acquisitions and debt repayment.