Village of New Haven Yearly Treasurer Report

Balances for year ending 3/31/2014

Delivered 4/8/2014 Approved by Board
Bank Name

Type

MSGCU

Savings

2,313,108.80

2,315,727.60

2,315,727.60

2,315,727.60

2,315,727.60

Chase

Savings

30-Nov-12
64,308.79

31-Dec-12
64,341.86

31-Jan-13
64,341.86

28-Feb-13
64,341.86

31-Mar-13
64,372.84

PNC
MSGCU

Savings
Primary Share Account
Total Savings Accounts

$
$
$

29,421.49
526.42
2,407,365.50

$
$
$

29,423.54
526.62
2,410,019.62

$
$
$

29,425.66
526.62
2,410,021.74

$
$
$

29,427.79
526.62
2,410,023.87

$
$
$

29,429.70
526.62
2,410,056.76

Chase
Chase
PNC

Checking- Pooled
Checking-Pooled

DWRF$
$

969,969.18
1,069.43

$
$

1,041,684.12
1,576.60

$
$

818,199.19
1,497.26

$
$

969,575.20
1,497.26

$
$

255,808.72
1,345.97

PNC
PNC
PNC
PNC

Checking - DWRF
Checking- Drug Forfieture
Checking -Ouil Enforcement
Checking - Police Aution

$
$
$
$

228,047.00
13,336.00
7,024.40
611.84

$
$
$
$

228,047.00
11,243.76
5,470.32
611.84

$
$
$
$

228,047.00
13,425.81
5,695.32
611.84

$
$
$
$

228,047.00
13,425.81
6,145.32
611.84

$
$
$
$

228,047.00
13,425.81
8,470.50
611.84

MAR 2014 Notes

PNC notification that Treasurer & Debra Hill, the only signers on PNC Accounts as of August 2013 have been removed. LOCKED OUT of ACCOUNT and unable to verify accounts
secure as past signers not affiliated w/village are on the accounts

JAN 2014 Notes:

Recaptured BOA CD account from previous Treasurer, assets is being moved back onto Treasurer's Report

Total Checking Accounts

1,220,057.85

1,288,633.64

1,067,476.42

1,219,302.43

507,709.84

PNC

Fund-Drug Law Enforcement

25,299.66

27,818.82

27,818.82

27,818.82

27,818.82

PNC
PNC

Headlee Refund Account

Christmas Club
Total Unclassified

$
$
$

1,069.43
205.27
26,574.36

$
$
$

1,069.43
75.27
28,963.52

$
$
$

1,069.43
151.62
29,039.87

$
$
$

1,069.43
151.62
29,039.87

$
$
$

1,069.43
151.62
29,039.87

DEC 2013 Notes:

Still unable to re-capture BOA CD of $514,000 as it is held in a past official's name. BOA is awaiting this person going to bank to sign the account over as well as a letter from council
stating they wish to place, Treasurer Passeno, Clerk Mack and Trustee Podgurski on the account.

NOV 2013 Notes:

PNC
BOA

CD-Perpetual Care Cemetary

CD-General Fund

$
$

1,000.01
514,301.92

$
$

1,000.01
514,301.92

$
$

1,000.01
514,301.92

$
$

1,000.01
514,301.92

$
$

1,000.01
514,301.92

PNC
PNC

CD-Perpetual Care Cemetary- Tessman Bequest

CD-Perpetual Care Cemetary

$
$

1,063.17
5,333.86

$
$

1,063.43
5,335.18

$
$

1,001.01
5,336.53

$
$

1,063.98
5,337.89

$
$

1,064.22
5,339.12

PNC
PNC
PNC
PNC

CD-Perpetual Care Cemetary

CD- Perpetual Care, Tessman Bequest
CD-Perpetual Care Cemetary- Bady Bequest
CD-Sewer
Total CD Assets

$
$
$
$
$

10,000.00
11,241.45
9,445.68
63,493.00
615,879.09

$
$
$
$
$

10,000.00
11,243.76
9,447.62
63,503.41
615,895.33

$
$
$
$
$

10,000.00
11,246.14
9,449.62
63,514.18
615,849.41

$
$
$
$
$

10,000.00
11,248.53
9,451.63
63,524.97
615,928.93

$
$
$
$
$

10,000.00
11,250.69
9,453.44
63,534.72
615,944.12

Total Village Financial Assets

4,269,876.80

$
$
$
$
$

1,819,141.74
64,384.11
29,341.83
526.81
1,913,394.49

$
$
$
$
$

1,819,835.46
64,395.03
29,433.88
521.81
1,914,186.18

$
$
$
$
$

1,821,034.06
64,404.89
29,435.94
522.01
1,915,396.90

$
$
$
$
$

Checking- Pooled
Checking-Pooled
Checking - DWRF
Checking- Drug Forfieture
Checking -Ouil Enforcement
Checking - Police Aution
Total Checking Accounts

$
$
$
$
$
$
$

556,986.69
1,069.43
228,047.00
14,125.81
9,466.15
8,236.11
817,931.19

$
$
$
$
$
$
$

608,110.71
1,069.43
227,927.00
14,105.81
9,426.15
8,216.11
868,855.21

$
$
$
$
$
$
$

518,723.65
1,069.43
227,927.00
14,105.81
9,822.71
8,216.11
779,864.71

$
$
$
$
$
$

PNC
PNC
PNC

Fund-Drug Law Enforcement

Headlee Refund Account
Christmas Club
Total Unclassified

$
$
$
$

27,818.82
1,069.43
151.62
29,039.87

$
$
$
$

27,818.82
1,069.43
131.62
29,019.87

$
$
$
$

27,818.82
1,069.43
131.62
29,019.87

$
$
$
$

27,818.82
1,069.43
38.62
28,926.87

$
$
$
$

PNC
BOA
PNC
PNC
PNC
PNC
PNC
PNC

CD-Perpetual Care Cemetary

CD-General Fund
CD-Perpetual Care Cemetary- Tessman Bequest
CD-Perpetual Care Cemetary
CD-Perpetual Care Cemetary
CD- Perpetual Care, Tessman Bequest
CD-Perpetual Care Cemetary- Bady Bequest
CD-Sewer
Total CD Assets

$
$
$
$
$
$
$
$
$

1,001.10
514,301.92
1,064.49
5,340.48
10,000.00
11,253.08
9,445.45
63,545.51
615,952.03

$
$
$
$
$
$
$
$
$

1,001.01
514,301.92
1,064.75
5,341.75
10,000.00
11,255.39
9,457.39
63,555.96
615,978.17

$
$
$
$
$
$
$
$
$

1,000.01
514,301.92
1,064.98
5,342.92
10,000.00
11,257.70
9,459.33
63,566.75
615,993.61

$
$
$
$
$
$
$
$

1,000.01
514,301.92
1,065.20
5,344.02
10,000.00
11,259.61
9,460.94
63,577.20

616,008.90

30-Apr-13
MSGCU
Chase
PNC
MSGCU
Chase
Chase
PNC
PNC
PNC
PNC
PNC

Savings
Savings
Savings
Primary Share Account
Total Savings Accounts

4,343,512.11

31-May-13

4,122,387.44

30-Jun-13

4,274,295.10

31-Jul-13

DWRF-

OCT 2013 Notes:

Chase Pooled Account Overview

BB $
Deposits $
Checks Paid
Electonic Withdrawls
Fees/withdrawls
Ending Balance $

3,376,317.58

3,428,039.43

3,340,275.09

31-Aug-13

30-Sep-13

31-Oct-13

1,822,578.98
64,438.01
29,441.03
522.01
1,916,980.03

$
1,823,274.00
$
64,446.29
Transfer to MSGCU
$
91,512.70
$
1,979,232.99

$
$
$
$
$
$

1084108.92
1,069.43
227,927.00
14,105.81
9,822.71
8,216.11
1,345,249.98

27,818.82
1,069.43
38.62
28,926.87

$
$
$
$

27,818.82
1,069.43
38.62
28,926.87

$
$
$
$
$
$
$

1,000.01
Unavailable
1,065.65
5,436.29
10,000.00
11,263.44
9,464.15
63,598.45

$
$
$
$
$
$

1,000.01
Unavailable
1,065.47
5,345.36
10,000.00
11,261.96
9,462.91
63,587.80

101,723.50

101,827.99

3,044,016.21

31-May-13
570,854.62 $
348,621.18 $
(278,482.28)
(32,396.56)
(486.25)

30-Jun-13
608,110.71 $
178,748.02
(244,763.83)
(23,229.39)
(141.86)

31-Jul-13
518,723.65 $
258879.11
(313,408.46)
(17,581.39)
(249.40)

31-Aug-13
446,363.51 $
391096.44
(67,254.06)
(34,039.44)
(229.78)

570,854.62

608,110.71

518,723.65

446,363.51

735,936.67

30-Apr-13

31-May-13

30-Jun-13

On October 11, 2013 - PNC Corporate will close all checking and savings accounts. These checks will be deposited into the MSGCU Account to payback the reserves taken in April
2013 to balance the Chase pool account. The BOA $500K CD will be resecured as reserve/replacement for the closed PNC accounts. When PNC Checks arrive at the Village office,
they need to be held for Treasurer to deposit into proper account.

$
$
$
$
$

30-Apr-13
255,808.72 $
560,235.23 $
(209,505.70)
(35,316.35)
(367.28)
$

PNC Legal department closed our accounts, I suggest in light of our potential litigation that the CDs be closed and opened at a new bank at maturity.

OCT 2013 Notes:

3,562,750.59

1,821,203.08 $
1,821,899.68
64,427.09 $
64,427.09
29,439.33 $
29,439.33
522.01 $
522.01
1,915,591.51 $
1,916,288.11
Restricted Balance New Account
429691.55
735936.67
1,069.43 $
1,069.43
227,927.00 $
227,927.00
14,105.81 $
14,105.81
9,822.71 $
9,822.71
8,216.11 $
8,216.11
690,832.61 $
997,077.73

3,251,359.89

Corrections in LT gray from MGSCU. Payroll checks from the school district were deposited in error to our account. In October this was determined to be a bank error that has
affected July, August, Sept and October. Attached is the details on separate page.

OCT 2013 Notes:

Checks Held in Escrow

Total Village Financial Assets

In order to open the new DWRF account we need a resolution from the village stating the purpose and the people who should have access to the account and whether or not it
should be interest bearing. We have a new person named Yvonne as our contact at the bank. She returns from vacation on 11/13/13

31-Jul-13

3,392,984.87

1,084,108.92

31-Aug-13

1,823,274.00
64,453.78

$
$

91,512.70
1,979,240.48

827884.72
Transfer to MSGCU
Transfer to MSGCU
Transfer to MSGCU
Transfer to MSGCU
$
827,884.72
Transfer to MSGCU
Transfer to MSGCU
Transfer to MSGCU
$

$
$
$
$
$
$

1,000.01
Unavailable
1,065.87
5,347.39
10,001.65
11,265.29
9,465.71
63,609.26

$
$

30-Sep-13

1,825,967.26
64,461.76

$
$

1,826,663.58
64,461.76

$
$

1,826,663.58
64,461.76

$
$
$
965749.77 $

91,529.21
1,980,628.53
227,928.78
787,896.70

$
$
$
$

91,534.21
1,981,332.06
227,938.39
838,214.23

$
$
$
$

91,534.21
1,981,963.23
227,947.07
668,938.96

$
$
$
$

91,568.07
1,982,693.41
227,497.07
191,493.10

$
$
$
$

91,568.07
1,982,693.41
227,497.07
191,493.10

$1,066,152.62

896,886.03

418,990.17

418,990.17

Transfer to Chase Account

965,749.77

101,770.87

227,927.00

31-Oct-13

YEAR END

$
$

227,927.00

827,884.72

31-Mar-14

1,825,338.54
64,459.31

101,755.18

31-Oct-13
1,084,108.92 $
41184.73
(255,950.08)
(41,185.73)
(273.12)

28-Feb-14

$
$

$
$
$
$
$
$

31-Jan-14

1,824,642.73
64,456.59

1,000.01
Unavailable
1,066.10
5,348.53
10,001.65
11,267.20
9,467.32
63,620.06

3,136,799.89

31-Dec-13
$
$

Escrow Unable to Deposit Due to Bank Rules

30-Sep-13
735,936.67 $
1074596.23
(692,740.45)
(32,849.59)
(833.94)

30-Nov-13
$
$

3,274,688.12

$1,015,825.48

$
$
$
$
$
$

1,000.01
Unavailable
1,066.10
5,348.53
10,001.65
11,267.20
9,467.32
63,620.06

$
$
$
$
$
$

1,000.01
514824
1,066.10
5,348.53
10,001.65
11,267.20
9,467.32
63,620.06

101,770.87

3,098,224.88

Unavailable

1,000.01

514,824.00

$
$
$
$
$
$

1,066.10
5,348.53
10,001.65
11,267.20
9,467.32
63,620.06

616,594.87

616,594.87

514,916.12

514,916.12

3,664,079.55

3,495,444.13

2,916,599.70

2,916,599.70

514,916.12

Unavailable
Unavailable
Unavailable
Unavailable
Unavailable
Unavailable

Unavailable
$
Unavailable
Unavailable
Unavailable
Unavailable
Unavailable
Unavailable

514,916.12

30-Nov-13
827,884.72 $
307267.08
(143,446.52)
(25,229.74)
(725.77)

31-Dec-13
965,749.77 $
303108.55
(449,509.82)
(30,698.03)
(753.77)

31-Jan-14
787,896.70 $
131916.26
(48,275.37)
(14,803.72)
(18,519.64)

28-Feb-14
838,214.23 $
155190.58
(310,192.48)
(13,805.99)
(467.48)

31-Mar-14
668,938.86
386796.32 $
(846,771.20)
(14,506.45)
(2,964.43)

4,137,639.73
(3,860,300.25)
(315,642.38)
(26,012.72)

(4,201,955.35)

965,749.77

787,896.70

838,214.23

668,938.86

191,493.10

30-Nov-13

31-Dec-13

31-Jan-14

28-Feb-14

31-Mar-14

YEAR END

YEAR END

Cash Receipting $

60,786.90

351,887.58

174,752.84

253,691.11

392,565.05

1,024,716.09

41,360.17

307,823.42

302,417.73

128,322.94

157,210.36

427,671.27

3,623,205.46

Accounts Payable $
Payroll & Cost $
Total Costs $

268,584.74
68,397.50
336,982.24

$
$
$

234,543.11
75,397.83
309,940.94

$
$
$

218,722.24
64,006.43
282,728.67

$
$
$

232,042.09
45,467.07
277,509.16

$
$
$

283,285.98
48,145.86
331,431.84

$
$
$

409,730.33
73,577.74
483,308.07

$
$
$

235,437.13
79,807.26
315,244.39

$
$
$

184,058.14
45,284.32
229,342.46

$
$
$

347,772.37
64,821.73
412,594.10

$
$
$

135,317.01
42,875.71
178,192.72

$
$
$

426,996.28
37,613.73
464,610.01

$
$
$

615,001.95
40,926.81
655,928.76

$
$
$

3,591,491.37
686,321.99
4,277,813.36

Receipting -Payables, Payroll & Costs

($276,195.34)

$41,946.64

($107,975.83)

($23,818.05)

$61,133.21

$541,408.02

($273,884.22)

$78,480.96

($110,176.37)

($49,869.78)

($307,399.65)

($228,257.49)
Total Cash Burn:

($654,607.90)
$

(654,607.90)