Page 28 - Town of Brighton Annual Report 2023

Equipment Reserve Fund

PSB Savings #......1008

Balance as of January 1, 2023 $67,866.28
REVENUES:
Interest earned in 2023 $25.00
2023 Town Appropriations $50,000.00
Loan funds for dump truck $110,000.00
Repayment of loan to Gen. Acct.# 5213 $16,250.00
Total Revenues for 2023 $176,275.00
EXPENSES
Loan to Gen. Acct# 5213 to cover expenses $(16,250.00)
Funds transferred to Gen. Acct. to cover overage

of grader purchase $(43,750.00)
Total Expenses for 2023 $(60,000.00)
BALANCE AS OF DECEMBER 31, 2023 $184,141.28

Fire Truck Capital Reserve

PSB Savings Acct #......1257
Balance as of January 1, 2023 $60,654.90
Interest earned in 2023 $26.60
Repayment of Loan to Gen. Acct # 5213 $50,000.00
Town Appropriation 2023 $10,000.00

Total Revenues for 2023 $60,026.60
EXPENSES
Loan to Gen. Acct #5213 to cover expenses $(50,000.00)
Total Expenses for 2023 $(50,000.00)
BALANCE AS OF DECEMBER 31, 2023 $70,681.50

Heating System Reserve Account

PSB SAVINGS ACCT#...1067
BALANCE AS OF JANUARY 1, 2023 $15,008.05
REVENUES:

Interest earned in 2023 $12.02
Total Revenues for 2023 $12.02
BALANCE AS OF DECEMBER 31, 2003 $15,020.07

28 Town of Brighton, VT