Town of Phippsburg 2012 Annual Report

TOWN OF PHIPPSBURG
McLanathan-Phippsburg Fire and Rescue Fund, Inc.
Financial Report for Year Ended December 31, 2012
Fund Balance at Beginning of Year $ 1,099,303.54
Revenue
Interest & Dividends on Investments 27,349.24
Increase in Value of Investments 100,795.64
Contributions and Other Income 1,087.20
Total Revenue 129,232.08
Expenses
Investment Management Fee 9,395.07
Insurance 1,116.00
Tax Service Fee 2,250.00
Income Tax 288.00
Foreign Tax Withheld & Other Expenses 424.60
Distributions and Scholarships 51,300.00
Total Expenses and Distributions 64,773.67
Fund Balance at End of Year $ 1,163,761.95
Roadside Cleanup Day 2012
John Skroski Photos
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