TOWN OF CHASE FINANCIAL REPORT

OF THE TOWN BOARD OF AUDIT

YEAR ENDING 12/31/02

2002 INCOME

TAX ROLL INCOME & TAX INCOME ( 2001 Taxes )

Real Estate & Personal Property Taxes Collected Locally

1,367,210.91

Interest Earned on Taxes Collected

354.15

Dog License Fees Received

1,228.04

Lottery Credit on Tax Roll Received

52,041.35

Lottery Credit on Mobile Home Park Received

2,057.81

Delinquent Personal Property Taxes

169.74

State Tax Credit Received

154,126.37

Real Estate Settlement from County ( 8/02 )

45,982.08

Mobile Home Park Fees Collected

5,710.15

Forest Crop & MFL Aids Received

189.12

County Refund of Dog Taxes

973.36

TOTAL INCOME

1,630,043.08

TAX ROLL EXPENSE & LEVIES PAID

Property Tax to Pulaski Community Schools

(743,227.78)

Property Tax to Oconto Falls Schools

(6,798.63)

Property Tax to Northeast WI Technical College

(107,238.75)

Property Tax to Oconto County & State

(394,204.00)

Property Tax to Krakow Sanitary District

(422.04)

Lottery Credit to County & Schools

(49,731.63)

Dog tax paid to Oconto County

(1,151.50)

Forest Crop/MFL to County

(37.83)

State tax credit to county

(154,124.55)

Mobile home park fees to Pulaski Schools

(2,879.54)

Refunds of Tax Overpayments to Residents

(2,491.46)

Misc. ( illegal tax, back tax )

(885.35)

TOTAL TAX EXPENSE

(1,463,193.06)

TAX INCOME FOR TOWN OF CHASE

166,850.02

PARK FEES

Park Fees Collected

18,195.26

Park Expense

(5,886.76)

TOTAL PARK INCOME

12,308.50

CD to Checking: Premier 10/02

50,585.06

CD to Checking: Pulaski-Chase Coop 12/02

30,779.34

TOTAL CD'S INCOME ( INCLUDING INTEREST )

81,364.40

CD Purchased with Premier 4/02

(50,000.00)

CD Purchased with Pulaski-Chase Coop 4/02

(30,000.00)

TOTAL CD EXPENSE

(80,000.00)

EARNED INTEREST INCOME ON CD'S

1,364.40

OTHER INCOME

State Shared Revenues

71,628.32

Fire Insurance Rebate

3,345.86

State Transportation Aids

97,771.05

Liquor & Operator Licenses

1,064.50

Highway Services for Residents

20,840.00

Garbage & Tire Fees Collected at Recycling Center

8,356.06

Interest earned on checkbook

1,457.56

Fees Collected for Fire Department Use

840.00

Misc. ( refunds, Chase books, hall rentals )

2,117.94

Building Inspection Permits & Fees Received

33,185.68

Building Construction Deposits

55,000.00

Income From Standing Timber

2,000.00

TOTAL OTHER INCOME

297,606.97

OTHER EXPENSES 2002 / PUBLIC HEALTH, SAFETY & SERVICE

Pulaski Tri-County Fire Department

(25,210.36)

Town of Maple Grove--Firehouse Payment

(7,060.00)

Rescue Squad

(11,946.86)

Animal Control Wages & Expense

(1,647.02)

Cemetery Expense

(2,000.00)

Recycling Wages

(3,762.00)

Garbage Pickup Fees & Expenses

(4,172.46)

Landfill Well Testing & Expense

(6,394.69)

TOTAL OTHER EXPENSES

(62,193.39)

LOCAL GOVERNMENT

Chairman Robert Schaden Salary

(6,000.00)

Supervisor Dennis Kroll Salary

(3,200.00)

Supervisor Steve Gohr Salary

(3,200.00)

Chairman & Supervisors Expenses

(1,472.55)

Clerk Jeanne Wroblewski Salary

(10,000.00)

Clerk Expenses & Supplies

(1,200.36)

Treasurer Carolyn Van Donsel Salary

(6,000.00)

Treasurer Expenses & Supplies ( stamps, programs )

(2,456.82)

Assessor Expenses & Supplies

(783.49)

Assessor John Pearson Wages

(4,860.33)

Election Wages

(1,355.75)

Election Expenses & Supplies ( ballots, etc )

(592.99)

Local Planning Commission Salaries & Expenses

(2,171.80)

Building Inspector Donna Jensen Wages & Expenses

(27,426.00)

Social Security & Medicare Tax Expense

(5,235.76)

Ads & Publications

(668.81)

Dues & Registrations

(2,604.75)

Town Hall Cleaning, Snowplowing, & Hall Grass cutting

(1,967.50)

Town Hall Utilities

(2,849.10)

Insurance

(9,481.20)

Town Hall Supplies & Expense

(4,177.97)

TOTAL LOCAL GOVERNMENT

(97,705.18)

HIGHWAY EXPENSES

Salt & Snowplowing

(19,358.99)

Seal coating, Blacktopping, Patching Materials

(195,698.22)

Shouldering, Grading, Gravel, Ditching, Culverts

(19,878.81)

Misc Road Expense ( employee )

(790.06)

Town Truck Expenses

(621.06)

Road Signs

(1,117.18)

Grass cutting Contract & Labor

(7,000.00)

Misc Road Wages

(7,244.76)

Brush cutting Expense

(3,131.50)

Construction Deposits Returned

(46,380.00)

TOTAL HIGHWAY EXPENSES

(301,220.58)

TOTAL OTHER EXPENSES

(461,119.15)

BALANCE SHEET

CHECKBOOK BALANCE FORWARD JANUARY 1, 2002

80,178.89

Tax Toll Income

1,630,043.08

Park Fees Collected

18,195.26

CD's Transferred into Checking

81,364.40

Other Income

297,606.97

TOTAL

2,027,209.71

TOTAL INCOME

2,107,388.60

EXPENSES

Tax Levies Paid

(1,463,193.06)

Park Expense

(5,886.76)

CD's Purchased

(80,000.00)

Other Expenses

(461,119.15)

TOTAL ALL EXPENSES

(2,010,198.97)

TOTAL CHECKING ACCT FUNDS ON HAND 12-31-03

97,189.63

MONEY MARKET ACCOUNT

INTEREST ON TAXES COLLECTED AND LEFT IN ACCOUNT

(354.15)

CHECKBOOK BALANCE DECEMBER 31, 2002

96,835.48

MONEY MARKET

Money Market Balance Forward 12/15/01

1,556.19

Interest Earned on Money Market in 2002

354.15

MONEY MARKET BALANCE 12-15-02

1,910.34

ACCOUNTS RECEIVABLE END OF 2002

Omitted 2000 & 1999 Taxes Owed

3,498.83

Blacktopping for Resident

8,330.10

Blacktopping for Resident ( Paid 1/31/02 )

26,235.79

Unpaid Fire Calls ( Billed in 2002 )

730.00

Total Funds Owed Town of Chase End of 2002

38,794.72

TOTAL ACCOUNTS PAYABLE END OF 2002

0.00

Prepared By: Carolyn Van Donsel / Treasurer