2010 Town Report - Town of Ludlow

TOWN TREASURER
The Town Treasurer is pleased to report that over five million dollars of General Fund monies remain invested in
term investments with good interest yields. This is over and above the investments, which occur during tax payment
receipts. This excellent cash flow remains possible due to the cooperation of both Assessors and Tax Collector’s
offices. The Treasurer has collected as of December 31, 2010 the total of $194,000.00 on Tax Titles.
TOWN OF LUDLOW TREASURER GENERAL FUND AS OF DECEMBER 31, 2010
WERE AS FOLLOWS:
Bank Account Balance
TDBankNorth Master 331,942.64
Sewer 7,535.92
Golf Course 521,568.67
Golf Course Merchant 95,732.49
Money Market 409,577.39
Cafeteria 521,817.10
Citizens Master 4,059,201.39
Guaranty Deposits 1,106,404.58
BWM County Jail 73,118.66
Water/Cops 235,974.98
M.M.D.T. Money Market 102,344.76
Berkshire Bank Money Market 2,029,862.54
Unibank Money Market 402,506.73
________________
$ 9,897,587.85
Payroll Distribution
Gross Payroll 31,055,697.20
Fica 385,587.33
Federal Withholding 2,741,124.79
State Withholding 1,374,817.95
Retirement 2,718,590.88
United Fund 3,111.00
Annuities 435,726.66
Health Insurance 1,140,924.10
Life Insurance 54,099.49
Credit Union & Banks 21,075,696.96
Union Dues 265,243.77
Deferred Compensation 626,702.22
Dental 124,463.33
Aflac 9,883.86
Other Withholdings 99,724.86
TRUST FUNDS AS OF DECEMBER 31, 2010
All trust funds are invested and receiving maximum interest:
Citizens Stabilization Fund $ 861,537.10
Bartholomew(Comm. Financial) 1,287,760.35
Paine Webber Cemetery 103,646.85
Morgan Stanley-Cemetery 1,017,726.84
______________
$ 3,270,671.14
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