FINANCIAL POSITION
	Total Reserves @ 5/31/05				$854,316
		General		$359,588
		Water		$183,215
		Special Reserves		$249,206
		Other Reserves		$60,145
		Capital		$2,162
	Anticipated Surplus from 2005/06 Budget				$123,294
	Total Anticipated Reserves @ 5/31/06				$977,610
	Total Anticipated Reserves @ 5/31/07				$686,396
	Total Outstanding Debt @ 6/1/06				$5,265,000
	REVENUES
	ACCT #	ACCOUNT NAME			2006/07 BUDGET
	401001	Real Estate Tax			$      1,586,474
	401501	Interest & Penalties on Taxes			$             4,250
	401901	Real Estate Rental Fee			$           31,500
	402001	Building Permit Fee			$           11,000
	402101	Propane Tank & BBQ Inspection Fees			$           13,250
	402401	Water Taxi Fee			$             3,000
	402501	Ferry Franchise			$           61,346
	402601	Cartage Concession Fee			$             3,850
	402701	Utility Tax			$             4,200
	403001	Parking Franchise Fee			$           93,725
	404001	Recreation Fees			$         144,080
	405001	Mooring Fees			$           40,000
	405101	Library Receipts			$             2,000
	405201	Misc. Clerk Fees			$             1,750
	406001	Interest on General Account			$           49,614
	407001	P.O. Rental			$             2,500
	407601	Ferry Tix Handling Fee			$           12,750
	408001	Driving Permits			$           15,500
	416001	Tax Certiori - Parking Lot			$                   -
	409001	Court Fines			$             1,750
	410001	Current Year Unallocated Income			$             1,500
	411001	Per Capita State Aid			$             2,250
	411101	A3089 State Aid			$                888
	412001	Mortgage Tax Return			$           75,000
	413001	Youth Programs			$             1,600
	415101	State/Town Grant			$                   -
	415201	Dr. Rental Fee			$             1,500
	415901	Donations			$             1,000
	416101	Interest Repair Reserve			$             3,730
	416106	Interest Capital Reserve			$           33,823
	418001	Sale of Surplus Equipment			$             4,000
	417003	Water Fees			$         113,300
	417103	Jetting Fee			$                600
	417403	Swim Pool Fees			$                225
	417603	Interest Water Fund			$             3,574
	499809	2006/07 Non Tax Revenue			$         739,056
	411001	2006/07 Tax Receipts			$      1,586,474
	499909	2006/07 Combined Revenue			$      2,325,530
	APPROPRIATIONS
	ACCT #	ACCOUNT NAME			2006/07 BUDGET
			BOARD OF TRUSTEES
	510301	Board Operations			$1,500
	515000	Total Board of Trustees			$1,500
	VILLAGE JUSTICE
	520101	Personnel Service			$2,500
	520301	Justice Operations			$750
	525000	Total Village Justice			$3,250
	AUDITOR
	530301	Auditor			$26,000
	535000	Total Auditor			$26,000
	VILLAGE CLERK
	550101	Personnel Services			$150,775
	550201	Clerk Capital Expense			$5,000
	550301	Clerk Operations			$1,000
	550501	Telephone Clerk			$5,460
	550601	Cartage Clerk			$250
	550701	Legal Notice Clerk			$500
	550801	Postage Clerk			$5,000
	550901	Equipment Repair			$1,000
	551001	Equipment Rental			$3,960
	551101	Stationery Printing Clerk			$6,250
	551201	Payroll Prep.			$5,250