STATEMENT OF ANNUAL FINANCIAL OPERATING INFORMATION FOR THE FISCAL YEAR ENDED DECEMBER 31, 2017 TOWN OF PATTERSON PUTNAM COUNTY, NEW YORK DATED: JUNE 20, 2018 TOWN OF PATTERSON PUTNAM COUNTY, NEW YORK Town Hall P.O. Box 470 Patterson, New York 12563 Telephone: 845/878-6500 Fax: 845/878-6343 TOWN BOARD Richard Williams, Sr., Supervisor Charles Cook, Deputy Supervisor Mary Smith, Councilwoman Shawn Rogan, Councilman Peter Dandreano, Councilman ------------------------ Antoinette Kopeck, Town Clerk Hogan & Rossi, Town Attorneys Patricia Brooks, Town Comptroller * * * Prepared with the Assistance of MUNICIPAL ADVISOR MUNISTAT SERVICES, INC. Municipal Finance Advisory Service 12 Roosevelt Avenue Port Jefferson Station, N.Y. 11776 (631) 331-8888 E-mail:
[email protected] Website: http://www.munistat.com STATEMENT OF ANNUAL FINANCIAL AND OPERATING INFORMATION TOWN OF PATTERSON PUTNAM COUNTY, NEW YORK The material set forth herein, including the cover page, has been prepared by the Town of Patterson, Putnam County, New York (the "Town", the "County", and the "State", respectively) in connection with its obligation to prepare and submit such material in accordance with its Continuing Disclosure Undertaking and the Official Statements having been prepared in connection with the sale and issuance of the following outstanding bond issues. $1,900,000 Public Improvement (Serial) Bonds, 2010 $1,540,000 Public Improvement Refunding (Serial) Bonds, 2013 THE TOWN There follows in this Statement a brief description of the Town, together with certain information concerning its economy and governmental organization, its indebtedness, current major revenue sources and expenditures and general and specific funds. General Information Originally known as Fredrickburg, the Town was established in 1791.