Annual Reports of the Town of Sharon, New Hampshire 1964
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Analysis of Change in Financial Condition: (Exhibit A-2) An analysis of the change in financial condition of the Town during the year is made in Exhibit A-2, with the factors which caused the change indicated therein. These were as follows: Decrease in Surplus (Increase in Net Debt) Long Term Notes Issued $7,500 00 Net Budget Deficit 187 78 Decrease in Accounts Receivable 18 50 $7,706 28 Increase in Surplus (Decrease in Net Debt) Long Term Note Paid 1,600 00 Change in Financial Condition $6,106... 28 22 Comparative Statements of Appropriations and Expendi- tures — Estimated and Actual Revenue: (Exhibits A-3 & A-4) Comparative statements of appropriations and ex- penditures, estimated and actual revenues for the fiscal year ended December 31, 1964, are presented in Exhibits A-3 and A-4. As indicated by the budget summary (Ex- hibit A-4), a revenue deficit of $876.86, less a net unex- pended balance of appropriations of $689.08, resulted in a net budget deficit of $187.78. Summary Statement of Receipts and Expenditures: (Ex- hibit B-1) A summary statement of receipts and expenditures for the fiscal year ended December 31, 1964, made up in accordance with the uniform classification of accounts, is included in Exhibit B-1.
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