Account # 1-01-001 (Checking Account, First National Bank of Bar Harbor)
|
Beginning Balance 7/1/02 |
$0.00 |
|
|
Account established 4/11/03 |
$5,000.00 |
|
|
Deposits + Interest |
$449,892.83 |
|
|
Warrants 25 & 26 |
|
$246,666.38 |
|
Transfers to Union Trust Acct |
|
$160,000.00 |
|
Returned Checks |
|
$914.29 |
|
Ending Balance 6/30/03 |
$47,312.16 |
|
Returned checks:
R&G Pulver $434.25
S. Lovely $113.04
A. Brown $367.00
(Brown check debited back to taxes receivable, all other checks paid)
Account
# 1-01-02 Union Trust Company Checking Account
|
Beginning Balance |
$55,389.78 |
|
|
Deposits + Interest |
$3,233,169.21 |
|
|
Warrant Payments |
|
$3,223,659.48 |
|
Returned Checks |
|
991.62 |
|
Uncashed Checks |
$81.69 |
|
|
Banking errors |
|
.47 |
|
Ending Balance 6/30/03 |
$63,989.11 |
|
Returned Checks:
A. Page $229.85
A. Keene $249.24
R. Davis $512.53
All checks were paid in full.
Bank Errors:
Bank Transposition .45
Deposit shortage .02
The town switched banks during Fiscal Year 2003, closing investment accounts at Bangor Savings Bank, and establishing investment and checking accounts at First National Bank of Bar Harbor. The Union Trust checking account was closed shortly after the end of the fiscal year.
Combined checking account activity:
|
Beginning Cash Balance |
$55,389.78 |
|
|
Deposits + Interest |
$3,688,062.04 |
|
|
Warrant Payments + Transfers |
|
$3,630,325.86 |
|
Returned Checks |
|
$1,905.91 |
|
Uncashed Checks |
$81.69 |
|
|
Banking Errors |
|
.47 |
|
Ending Balance (combined) |
$111,301.27 |
|