Annual Reports Town of Francestown, New Hampshire 1963

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These were as follows: Increase in Net Debt: Long Term Notes Issued $12,000 00 Cash Surplus Used to Reduce Tax Rate 4,357 53 Capital Reserve Fund (Caskie Bridge) Returned through error to General Fund in 1962 1,000 00 Excess Debit — Tax Collector 2 00 $17,359 53 37 Decrease in Net Debt Long Term Notes Paid $ 1,000 00 Net Budget Surplus 1,932 78 $ 2,932 78 Net Increase $14,426 75 Comparative Statements of Appropriations and Expendi- tures — Estimated and Actual Revenues: (Exhibits A-3 & A-4) Com...parative statements of appropriations and expenditures, estimated and actual revenues for the fiscal year ended December 31, 1963, are presented in Exhibits A-3 and A-4. As indicated by the budget summary (Exhibit A-4), a net unexpended balance of appropriations of $1,371.43, plus a revenue surplus of $ 5 6 1 . 3 5 , resulted in a net budget surplus of $1,932.78.
Summary Statement of Receipts and Expenditures: (Exhibit B-1) A summary statement of receipts and expenditures for the fiscal year ended December 31, 1963, made up in accordance with the uniform classification of accounts, is included in Exhibit B-1.


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