B
BOROUGH OF SOMERVILLE TRUST FUND COMPARATIVE BALANCE SHEETS REGULATORY BASIS DECEMBER 31, 2022 AND 2021
BALANCE BALANCE LIABILITIES, RESERVES BALANCE BALANCE
ASSETS REF. DEC. 31, 2022 DEC. 31, 2021 AND FUND BALANCE REF. DEC. 31, 2022 DEC. 31, 2021
Assessment Trust Fund: Assessment Trust Fund:
Cash B-1
$ 10,467.52
$ 10,467.52
Due to General Capital Fund B-1
$ 22,875.06
$ 22,875.06
Due from Current Fund B-1
11,329.49
11,269.78
Assessments Receivable B-1
1,078.05
1,137.76
Total Assessment Trust Fund
22,875.06
22,875.06
 Total Assessment Trust Fund
22,875.06
22,875.06
Animal Control Fund: Animal Control Fund:
Cash B-1
32,576.18
28,811.38
 Due to Current Fund B-1
22,430.18
17,948.38
Reserve for Animal Control Fund Expenditures B-1,B-2
10,146.00
10,863.00
Total Animal Control Fund
32,576.18
28,811.38
 Total Animal Control Fund
32,576.18
28,811.38
Trust-Other Fund: Trust-Other Fund:
Cash B-1
6,683,207.31
4,674,238.88
 Interfund Payable B-1
25,533.60
25,533.60
Interfund Receivable B-1
215,510.42
215,510.42
 Reserve for Encumbrances B-1
307,081.60
310,610.74
Accounts Receivable B-1
8,261.00
8,261.00
 Reserve for:
CDBG Receivable B-1
44,385.89
44,385.89
 Miscellaneous Deposits B-1,B-3
4,064,222.15
2,931,543.45
CDBG Espenditures B-1
44,385.89
44,385.89
Unemployment Insurance Fund B-1
113,424.71
100,922.23
Planning/Zoning Escrow B-1
162,330.33
Builders Escrow B-1
193,715.25
135,397.90
Tax Redemption Trust B-1
1,071,500.00
710,300.00
Recreation Commission B-1
151,869.70
135,702.58
Housing Assistance Program B-1
215,578.27
175,121.22
Law Enforcement Trust Fund B-1
40,464.22
68,132.72
Payroll Agency B-1
549,238.12
294,356.06
Credit Card Fee Accounts B-1
12,020.78
10,389.80
Total Trust-Other Fund
6,951,364.62
4,942,396.19
 Total Trust-Other Fund
6,951,364.62
4,942,396.19
$ 7,006,815.86
$ 4,994,082.63
$ 7,006,815.86
$ 4,994,082.63
The accompanying Notes to the Financial Statements are an integral part of this statement.
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