Town of Chase 2003 Financial Report
	Of the Town Board of Audit
	For The Year Ending December 31, 2003			-
TAX INCOME
Omitted Property Tax Collected ( Was Not On Tax Roll )			1,436.58
Real Estate & Personal Property Taxes Transferred from Tax Collection Acct to Checking Acct			1,482,137.41
Delinquent Personal Property Taxes Collected ( Funds Stay In Town )			298.02
Lottery Credit on Tax Roll Received			53,808.89
State Tax Credit Received			161,145.10
Real Estate Tax Settlement from Received from Oconto County			53,542.37
Mobile Home Park Fees Collected			5,952.54
Lottery Credit on Mobile Home Park Received			2,172.49
Misc Tax Income			61.98
Transfers In from Tax Collection Acct for Dog License Tax Collected			1,274.25
Forest Crop & Managed Forest Land Aids Received			2,904.26
Dog License Tax Refund			1,029.69
TOTAL TAX INCOME				1,765,763.58
TAX EXPENSES & LEVIES
Property Tax Paid to Pulaski Community Schools			(790,090.14)
Property Tax Paid to Oconto Falls Schools			(7,781.81)
Property Tax Paid to Northeast WI Technical College			(116,542.48)
Property Tax Paid to Oconto County and the State of WI			(427,767.77)
Property Tax Paid to Krakow Sanitary District			(481.92)
Lottery Credit Paid to County and Schools			(51,176.33)
Delinquent Utility Charge Paid to Krakow Sanitary District			(165.82)
Dog License Tax Paid to Oconto County			(1,166.25)
Forest Crop & Managed Forest Land Penalties Paid to County			(280.27)
State Tax Credit Paid to County			(161,145.10)
Refunds of Tax Overpayments to Residents			(21,603.81)
TOTAL TAX EXPENSE				(1,578,201.70)
2003 TOTAL " TAX INCOME " FOR TOWN OF CHASE				187,561.88
CERTIFICATE OF DEPOSIT
CD Purchased at Premier Community Bank 4/29/03 ( 6-Month Term )			(100,000.00)
CD Transferred to Money Market Saving Acct at Maturity on 11/03/03			100,897.40
TOTAL INTEREST EARNED ON CD				897.40
PARK FUND INCOME & EXPENSES
Park Funds Collected thru Checking Acct			30,200.00
Park Fund Salaries & Expenses Paid thru Checking Acct			(527.00)
TOTAL PARK FUNDS				29,673.00
OTHER INCOME
State Shared Revenues			72,344.60
Fire Insurance Rebate ( 2% )			4,131.79
State Transportation Aids			103,915.50
Liquor & Malt Operator Licenses			1,118.81
Highway and Road Services for Residents ( Road Construction - New Roads )			63,675.89
Garbage & Tire Fees Collected at Recycling Center			9,284.96
Interest Earned on Checking Acct			1,255.12
Town Hall Rental Fees Collected ( $50.00 p/day Rental Fee )			1,600.00
Payroll State Withholding Taxes Deducted in 2003 ( Paid in 2004 )			2,652.55
Assessment Search Request Fees Received from Title Companies			325.00
Town Sales Revenue ( Town History Books, Used Culverts, Other )			230.00
Fire Call Fees Collected			2,155.00
Building & Inspection Permit Fees Collected			57,659.78
Building Construction Deposits Collected ( 100% of Deposit Refunded if No Road Damage )			76,005.00
Misc Income			415.62
TOTAL OTHER INCOME				396,769.62
LOCAL GOVERNMENT SALARIES & EXPENSES
Chairman Robert Schaden Gross Salary  ( Includes Salaries for Special Meetings )			(7,910.00)
Supervisor Dennis Kroll Gross Salary  ( Includes Salaries for Special Meetings )			(4,835.00)
Supervisor Steve Gohr Gross Salary ( Includes Salaries for Special Meetings )			(4,285.00)
Chairman & Supervisor Supplies & Expenses			(1,080.95)
Clerk Jeanne Wroblewski Gross Salary ( Includes Salaries for Special Meetings )			(11,345.00)
Clerk Supplies & Expenses			(858.01)
Treasurer Carolyn Van Donsel ( Jan to April ) & Treasurer Kristin Kolkowski ( April to Dec ) Gross Salaries			(6,750.00)
Treasurer Supplies & Expenses ( Office Equipment & Supplies / Postage / Computer Software / Other )			(3,820.62)
Building Inspector Donna Jensen Wages & Expenses			(46,078.59)
Sub-Contracted Assessor Wages & Expenses for Robert DeMuth			(3,145.20)
Sub-Contracted Election Wages & Expenses			(1,756.92)
Soc Sec & Medicare Taxes ( Town Share Paid )			(7,093.40)
Legal Fees			(3,030.71)
Website Supplies & Expenses ( www.townofchase.org )			(149.50)
Bank Services Charges			(207.06)
Ads & Publications			(711.19)
Dues & Registrations			(3,093.50)
Continued
Town Insurance			(9,413.62)
Town Hall Utilities			(2,799.66)
Town Hall Wages, Supplies & Expenses  ( Maintenance / Cleaning / Grass-Cutting / Snow-Plowing / Other )			(6,863.83)
Local Planning Commission Meetings & Salaries  ( Other LC wages are included with Town Board salaries )			(344.31)
TOTAL LOCAL GOVERNMENT				(125,572.07)
HIGHWAY & COUNTY ROAD EXPENSES
Town Truck Expense			(19,259.29)
Town Employees Wages & Expenses			(8,361.55)
Road Signs & Hardware Expenses			(3,123.58)
Salt & Snow-Plowing Expenses			(24,719.87)
Road Surfacing Expenses ( Sealcoating / Blacktopping  / Patching)			(150,144.18)
Sub-Contracted Road Grass-Cutting Wages			(7,000.00)
Culvert Pipe Expenses			(7,149.34)
Sub-Contracted Road Construction Wages			(67,598.52)
Shouldering & Grading Expense			(14,920.80)
Construction Deposit Refunds ( 100% Refunded if No Damage to Road )			(72,105.00)
TOTAL HIGHWAY & COUNTY ROAD EXPENSES				(374,382.13)
OTHER EXPENSES ( Public Health, Safety, and Services )
Landfill Expenses			(6,315.00)
Recycling Wages / Supplies & Expenses			(4,957.47)
Pulaski Tri-County Fire Department Payment			(23,107.23)
Town of Maple Grove Firehouse Expense			(7,060.00)
Rescue Squad Expense			(12,334.07)
Animal Control Expenses			(1,658.25)
Cemetery Annual Expense			(2,000.00)
Garbage Pick-Up Fees & Expenses			(2,152.01)
TOTAL OTHER EXPENSES				(59,584.03)
TOTAL EXPENSES				(559,538.23)
	2003 BALANCE SHEET
CHECKBOOK BALANCE JANUARY 1, 2003				96,835.48
INCOME
Tax Income Tax			1,765,763.58
Park Funds			30,200.00
Other Income			396,769.62
TOTAL 2003 INCOME				2,192,733.20
TOTAL INCOME				2,289,568.68
EXPENSES
Tax Levies Paid			(1,578,201.70)
Park Fund Expenses			(527.00)
Local Government Expenses			(125,572.07)
Highway & County Road Expenses			(374,382.13)
Other Expenses			(59,584.03)
Funds Invested in 6-Month CD ( Matured CD Deposited into Premier Money Market Savings Acct )			(100,000.00)
TOTAL 2003 EXPENSES				(2,238,266.93)
TOTAL TOWN OF CHASE FUNDS FOR 2003				51,301.75
	END OF YEAR RECONCILING BALANCE
F & M Bank Tax Collection Balance Forward 12/15/02 ( Before Tax Collections )				1,910.34
Total Town of Chase Income				51,301.75
Interest on Tax Collection Acct 12/15/02 - 12/15/03				594.25
Interest on Park Fund Acct 12/31/03				63.27
Interest on Money Market Savings Acct				727.67
Interest on Certificate of Deposit (CD)				897.44
CD Purchased with Premier Community Bank				100,000.00
TOTAL TOWN OF CHASE FUNDS IN 2003				155,494.72
Premier Community Bank Checking Acct				22,286.49
Premier Community Bank Money Market Saving Acct				59,125.11
Premier Community Bank Tax Collection Acct				2,504.59
Premier Community Bank Park Fund Acct				71,578.53
TOTAL TOWN OF CHASE FUNDS ON HAND 12/31/03				155,494.72