Tate Cash & Fund Balance Report For Posting on Tate Website Financial Report Section

Changes Highlighted
Comments:
1. The "Fund Balances" represent internal distinctions used for planning and are not separate QuickBooks GL accounts
2. Expenses tend to be relatively stable throughout the year, with the exception of the following large amounts paid annually
a. Property Taxes, generally paid in November (2017 budget = $19,328)
b. Insurance, generally paid in March, April, May (GL, D&O, P&C - 2017 budget = $7,846)

Regions Bank Account Balances Fund Balances

Operating Reserve Combined Emergency Capital Dam Designated Undesignated
Date Account Account Balance Fund Reserve Repair Legal Other Reserves Funds
4/30/15 206,772 16,626 223,398 10,000 15,000 25,000 198,398
5/31/15 20,016 215,000 235,016 10,000 15,000 25,000 210,016
6/30/15 21,191 215,024 236,215 10,000 5,000 175,000 20,000 210,000 26,215
7/31/15 24,693 215,062 239,755 10,000 5,000 175,000 20,000 210,000 29,755
8/31/15 29,190 215,098 244,288 10,000 5,000 175,000 20,000 210,000 34,288
9/30/15 35,641 215,132 250,773 10,000 5,000 175,000 20,000 210,000 40,773
10/31/15 34,635 215,170 249,805 10,000 5,000 175,000 20,000 210,000 39,805
11/30/15 32,236 215,185 247,421 10,000 5,000 175,000 20,000 210,000 37,421
12/31/15 33,124 215,194 248,318 10,000 5,000 175,000 20,000 210,000 38,318
1/31/16 31,189 215,203 246,392 10,000 5,000 175,000 20,000 210,000 36,392
2/29/16 69,831 185,212 255,043 10,000 5,000 145,000 20,000 180,000 75,043
3/31/16 22,878 185,220 208,098 10,000 5,000 145,000 20,000 180,000 28,098
4/30/16 17,630 185,228 202,858 10,000 5,000 145,000 20,000 180,000 22,858
5/31/16 25,270 185,235 210,505 10,000 5,000 145,000 20,000 180,000 30,505
6/30/16 20,557 185,243 205,800 10,000 5,000 145,000 20,000 180,000 25,800
7/31/16 19,507 185,251 204,758 10,000 5,000 145,000 20,000 180,000 24,758
8/31/16 30,155 185,259 215,414 10,000 5,000 145,000 20,000 180,000 35,414
9/30/16 32,688 185,267 217,955 10,000 5,000 145,000 20,000 180,000 37,955
10/31/16 29,795 185,274 215,069 10,000 5,000 145,000 20,000 180,000 35,069
11/30/16 39,513 185,281 224,794 10,000 5,000 145,000 20,000 180,000 44,794
12/31/16 13,781 185,289 199,070 10,000 5,000 145,000 20,000 180,000 19,070
1/31/17 13,220 185,298 198,518 10,000 5,000 145,000 20,000 180,000 18,518
2/28/17 16,320 185,305 201,625 10,000 5,000 145,000 20,000 180,000 21,625
3/31/17 8,782 185,313 194,095 10,000 5,000 115,000 20,000 150,000 44,095

File Name: TMC Cash and Fund Balances.xlsx Last Printed: 4/1/17, 8:11 AM
Sheet Name: Trend Page 1 of 1
Tate Fund Balance Transaction Log
Date Action Taken
7/5/15 Board approved the following transfers and fund balances to be presented at the 2015 Annual Meeting:
Transfer $165,000 from Undesignated to Dam Repair fund
Transfer $10,000 from Capital Reserve fund to Dam Repair fund
Transfer $20,000 from Undesignated to Legal fund

11/28/15 Board approved in advance for reasonable funds to be transferred to cover approved dam repair invoices, as
needed, with report provided on disbursement

2/23/16 Authorized $30,000 transfer from Dam repair fund to Operating Account to cover upcoming bills

3/27/17 Authorized $30,000 transfer from Dam repair fund to Operating Account to cover upcoming bills
Actual cash to be transferred & bill paid in April

File Name: TMC Cash and Fund Balances.xlsx Last Printed: 4/1/17, 8:12 AM
Sheet Name: Transfer Log Page 1 of 1
Tate Dam Repair Expense Detail Updated 3/31/17
Std GL Posting Account: Lake/Dam Maintenance
Invoice Total to Date: 138,201.08

Invoice
Date Invoice # Vendor Invoice Amt Comments
3/25/14 Piedmont Geotechnical 1,093.75
5/23/14 Piedmont Geotechnical 1,706.25
5/30/14 Piedmont Geotechnical 90.16
7/8/14 Piedmont Geotechnical 2,705.45
7/25/14 Piedmont Geotechnical 405.00
10/6/14 Piedmont Geotechnical 2,786.25
11/17/15 27577 Piedmont Geotechnical 2,147.50
12/15/15 27622 Piedmont Geotechnical 4,185.13
12/31/15 53190 GeoSurvey Ltd 1,950.00 Topographic survey
1/7/16 3681 Wigington Contractors 340.00 1/3 of invoice to Dam Repair
1/29/16 27874 Piedmont Geotechnical 35,623.80
2/16/16 27929 Piedmont Geotechnical 2,671.25
3/10/16 28059 Piedmont Geotechnical 5,245.00
4/22/16 28317 Piedmont Geotechnical 4,558.75
5/13/16 28448 Piedmont Geotechnical 7,926.00
6/20/16 28576 Piedmont Geotechnical 2,975.00
7/26/16 28766 Piedmont Geotechnical 1,732.19
8/11/16 28873 Piedmont Geotechnical 1,842.42
9/30/16 29083 Piedmont Geotechnical 805.00
10/17/16 29100 Piedmont Geotechnical 1,103.26
11/15/16 16266 Walden Ashworth 7,500.00
11/18/16 29350 Piedmont Geotechnical 280.00
12/21/17 29551 Piedmont Geotechnical 5,901.49
1/18/17 54206 GeoSurvey Ltd 1,850.00
1/27/17 29714 Piedmont Geotechnical 3,913.75
3/9/17 16293 Walden Ashworth 30,875.00 Requires fund transfer - will be paid in April
3/22/17 30014 Piedmont Geotechnical 5,988.68

File Name: Tate Dam Repair Ledger.xlsx Last Printed: 4/1/17, 8:25 AM
Sheet Name: Detail Page 1 of 1