Page 30 - Town of Brighton 2024 Annual Report

Downtown Engineering Reserve Account

CNB Savings Acct. #.....8418
Balance as of January 1, 2024 $11,909.57
Interest earned in 2024 $5.97
2024 Town Appropriations $5,000.00

TOTAL REVENUES $5,005.97
BALANCE AS OF DECEMBER 31, 2024 $16,915.54

Equipment Reserve Fund

PSB Savings #......1008
Balance as of January 1, 2024 $184,141.28

REVENUES:
Interest earned in 2024 $56.37
2024 Town Appropriations $50,000.00
Total Revenues for 2024 $50,056.37

EXPENSES:
Transfer funds to Gen. Acct#...5213 for dump truck purchase $(180,000.00)
Total Expenses for 2024 $(180,000.00)

BALANCE AS OF DECEMBER 31, 2024 $54,197.65

Fire Department Equipment Fund

PSB Savings Acct #......0459
Balance as of January 1, 2023 $6,020.40
Interest earned in 2023 $4.84

TOTAL REVENUES $4.84
Balance as of December 31, 2023 $6,025.24

Fire Truck Capital Reserve

PSB Savings Acct #......1257
Balance as of January 1, 2024 $70,681.50
REVENUES
Interest earned in 2024 $22.52
Repayment of Loan to Gen. Acct # 5213 $65,000.00

Town Appropriation 2024 $10,000.00
Total Revenues for 2024 $75,022.52

EXPENSES
Loan to Gen. Acct #5213 to cover expenses $(65,000.00)

Total Expenses for 2024 $(65,000.00)

BALANCE AS OF DECEMBER 31, 2024 $80,704.02
30 Town of Brighton, VT