Page 121 - Microsoft Word - Annual Report 2016

year necessitated security sales that resulted in $100K+ in realized gains.
course of the fiscal year. FY16 net investment income was within $300 of

Market value, book value and interest rates did not move materially over
Approximately $1.4 million (37% of account) net withdrawal during fiscal

FY 15 which had benefited from large realized gain declaration.
Funds used for construction of Boxford Common athletic fields.

Town of Boxford Changes In Cash and Earnings FY 2015-2016 Fiscal Year Ended 6/30/16 Earnings Cash Balance 24,585 $ 7,638,880 $ 146,292 $ 2,524,061 $ 15,596 $ 981,774 $ 29,426 $ 1,120,707 $ 17 $ 31,304 $ 215,916 $ 12,296,726 $ --Year-end G/F Cash balance increased $1.9 million due to receipt of $684K unbudgeted revenue, $642K unspe

Fiscal Year Ended 6/30/15 Earnings Cash Balance 14,902 $ 5,726,647 $ 73,278 $ 3,801,095 $ 20,314 $ 1,005,982 $ 30,287 $ 828,168 $ - $ 36,629 $ 138,781 $ 11,398,521 $ Analysis of significant changes in cash balance and earnings: Aaron Wood School rehabilitation and receipt of $260K in delayed Chapter 90 reimbursement from the Commonwealth.

Community Preservation Fund Community Pres Fund 6-30-15 Community Pres Fund 6-30-16

General Fund Trust Funds OPEB Trust Fund Performance Bonds Totals Trust Funds 6-30-15 Trust Funds 6-30-16