D-19
BOROUGH OF SOMERVILLE
SEWER UTILITY FUND
RESERVE FOR AMORTIZATION
YEAR ENDED DECEMBER 31, 2022
| REF. | |||
|---|---|---|---|
| Balance, December 31, 2021 | D |
$
2,620,727.78
|
|
| Increased by: | |||
| Serial Bonds Paid by Operating Budget | D-22 |
$
60,000.00
|
|
| Transfer from Deferred Reserve for Amortization | D-20 |
208,316.02
|
|
|
268,316.02
|
|||
| Balance, December 31, 2022 | D |
$
2,889,043.80
|
|
D-20
DEFERRED RESERVE FOR AMORTIZATION
YEAR ENDED DECEMBER 31, 2022
| ORD. | BALANCE | TRANSFER TO RESERVE | BALANCE | ||
|---|---|---|---|---|---|
| NO. | IMPROVEMENT DESCRIPTION | DEC. 31, 2021 | FOR AMORTIZATION | DEC. 31, 2022 | |
| Sewer Improvements: | Date | ||||
| 1143 | Various Sewer Improvements |
$
469.83
|
$
469.83
|
||
| 2142 | Various Sewer Improvements |
44,999.72
|
44,999.72
|
||
| 2190 | Various Sewer Improvements |
70,058.00
|
70,058.00
|
||
| 2307 | Sewer Improvements | 06/15/99 |
47,788.47
|
47,788.47
|
|
| 2360 | Sewer Improvements | 06/08/11 |
7,000.00
|
7,000.00
|
|
| 2378 | Various Sewer Improvements | 02/21/12 |
18,000.00
|
$
18,000.00
|
|
| 2501 | Various Sewer Improvements | 05/02/16 |
38,000.00
|
38,000.00
|
|
| 2517 | Various Sewer Improvements | 04/07/17 |
156,000.00
|
156,000.00
|
|
| 2571 | Various Sewer Improvements | 05/20/19 |
19,000.00
|
19,000.00
|
|
| 2613 | Various Sewer Utility Improvements | 04/20/20 |
36,500.00
|
36,500.00
|
|
|
$
437,816.02
|
$
208,316.02
|
$
229,500.00
|
|||
| REF. |