Details for MINOTOLA VOL FIRE CO

Minotola Fire CoMpany
Fire District no. 2, Borough of Buena
County of atlantic
Synopsis of 2017 annual Financial Statement audit
Summary or synopsis of audit report for Minotola Fire Company
(Boro of Buena, Fire District no. 2) for the year ended December 31, 2017
as required by nJS 40a:5a-16.
Combined Balance Sheet
assets
Cash, Investments, Deferred Charges and Receivables
$ 404,145
General Fixed Assets
1291,740
Total Assets
$ 1,701,885
liabilities and Fund equity
Accounts Payable
$ 28,355
Notes Payable
250,000
Fund Equity:
Investment in General Fixed Assets
1,047,739
Fund Balance-Restricted
9,218
Fund Balance Unrestricted
366,573
Total Fund Balance
1,423,530
Total liabilities and Fund Equity
$ 1,701,885
Statement of operations and Changes in Fund Balance
Miscellaneous Revenues
$ 4,161
Grants
757,053
District Taxes
273,716
Total Revenues
$ 1,034,930
Operating and Maintenance Expenditures
902,084
Capital Fund Expenditures
94,047
Total Expenditures
996,131
Expenditures Over Revenues(-)
38,799
Net Assets-Beginning
628,540
Plus Fixed Asset Fund balance addition
756,191
Net Assets Balance-Ending
$ 1,423,530
The above summary or synopsis was prepared from the report of the audit of the
Minotola Fire Co., Fire District #2, County of Atlantic for the year ended December
31,2017. This report of audit, submitted by Martini & Martini, CPA is on file at the
Buena Boro Clerks Office and may be Inspected by any interested party.
Printer’s Fee: $35.73
Order No. 0000081868-01
Pub. Date: June 9, 2018

MINOTOLA VOL FIRE CO ATTN: ELMA GARDNER, MINOTOLA, NJ

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