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Town/Village of Woodstock
Treasurer's Report
2008 |
During the past year interest rates have fluctuated. Our interest income for the year ending June 30, 2008 was $20,415 below the budgeted amount of $70,000. Interest income for the year 2009-2010 is projected at $125,000.
Interest income for the years 2001 to and including 2008 is as follows:
| YEAR |
BUDGET |
ACTUAL |
VARIANCE |
| 2001 |
$75,000 |
$100,495 |
$ 25,495 |
| 2002 |
$75,000 |
$ 53,097 |
($21,903) |
| 2003 |
$40,000 |
$ 48,139 |
$ 8,139 |
| 2004 |
$40,000 |
$ 39,240 |
($ 760) |
| 2005 |
$42,000 |
$ 55,308 |
$ 13,309 |
| 2006 |
$42,000 |
$105,742 |
$ 63,742 |
| 2007 |
$90,000 |
$125,474 |
$ 35,474 |
| 2008 |
$70,000 |
$ 49,585 |
($20,415) |
The report on the Endowment Trust Fund is reported in the Independent Auditor's Report.
Respectfully submitted,
Ann Marie Boyd
Treasurer
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