Untitled - Town of Windham

FINANCE DEPARTMENTBALANCE SHEET - General Fund as of December 31, 2012ASSETSCash $13,835,698Taxes receivable, net 2,832,665Accounts receivable 125,513Due from other funds 10,375Due from other governments 156,062Restricted cash - performance bonds 321,347Other assets 24,463Total Assets $17,306,123LIABILITIES & FUND BALANCESLiabilitiesAccounts payable and accruals $ 199,356Deposits 321,347Due to other governments 15,896,744Total Liabilities 16,417,447Fund BalancesAssigned fund balance 173,536Unassigned fund balance 715,140Total Fund Balances 888,676Total Liabilities & Fund Balances $17,306,123PERFORMANCE BONDSAs of 12/31/12, the following bonds/escrow accounts are held in custody by the Town Treasurer, either forthe completion of projects approved by the Planning Board or for other town requirements. These funds arecollected and expended through Planning Board and/or Board of Selectmen approval.Project Type BalanceAtlantic Telecom (Cell Tower Removal Bond) Insurance Co Bond $30,000.00Anderson Subdivision Letter of Credit 7,500.00Castle Reach III Letter of Credit 17,670.00Comcast/Adelphia (Cable TV) Insurance Co Bond 75,000.00D & S Builders Cash 100.00Fieldstone Woods (Mountain Home Building) Cash 19,617.82Fieldstone Woods (DHB, Inc) Letter of Credit 17,082.00Jenny's Hill Rd Insurance Co Bond 21,000.00John Brown & Sons/Excavation Cash 490.04Johnny Hill Estates Cash 101,223.12Lakeview Farm Letter of Credit 57,600.00Lewis Builders/Right of Way Insurance Co Bond 5,000.00Londonbridge Rd Trenching/Right of Way Cash 6,003.76McIntosh Hollow Letter of Credit 192,862.00Medicus LLC Letter of Credit 11,567.60Medicus LLC Cash 2,500.00Netherwood Rd Insurance Co Bond 14,600.00Outlook Rd Cash 55,545.43Partridge/Quail (Mitchell Pond) – pending release of 12/27/12 Cash 2,887.32Pawtucket Rd Letter of Credit 22,593.80Pennichuck Water/Right of Way Letter of Credit 10,000.00Porcupine Rd Cash 32,173.482012 ANNUAL REPORTS 70 TOWN OF WINDHAM, NH