A-10

BOROUGH OF SOMERVILLE

CURRENT FUND

VARIOUS ACCOUNTS PAYABLE & RESERVES
YEAR ENDED DECEMBER 31, 2021
BALANCE
DEC. 31, 2020
CASH
RECEIPTS
CASH
DISBURSEMENTS
BUDGET
APPROPRIATION
TRANSFER
FROM
APPROP
RESERVES
BALANCE
DEC. 31, 2021
Accounts Payable:
Vendor Accounts Payable
$1,632.10
$46,329.30
$47,961.40
Due to County - PILOTs
$43,390.15
$43,390.15
-
Subtotal
1,632.10
43,390.15
43,390.15
-
46,329.30
47,961.40
Reserve for:
Master Plan
$10,000.00
$10,000.00
Property Revaluation
2,200.00
2,200.00
Sale of Municipal Assets
24,299.45
24,299.45
Tax Appeals
53,287.06
$75,000.00
128,287.06
Library Surplus
14,220.00
14,220.00
Emergency Insurance Reimbursement
25,200.00
25,200.00
Subtotal
104,006.51
25,200.00
-
75,000.00
-
204,206.51
Total
$105,638.61
$68,590.15
$43,390.15
$75,000.00
$46,329.30
$252,167.91
Ref. A A-4 A-4 A-3 A-14 A