3373-R3_ML&P_TownOfBuxton_Web

TABLE 1

TOWN OF BUXTON, MAINE NET POSITION JUNE 30, 2014 AND 2013

2014

2013

Assets:

3,738,009 $

3,570,191 $

Current and Other Assets

Capital Assets Total Assets

5,931,369 9,669,378

5,998,371 9,568,562

Liabilities:

322,343 1,266,763 1,589,106

339,045 1,316,156 1,655,201

Current Liabilities

Long-Term Debt Outstanding

Total Liabilities

Deferred Inflows of Resources: Prepaid Taxes Total Deferred Inflows of Resources

16,760 16,760

10,112 10,112

Net Position:

Net Investment in Capital Assets Restricted: Special Revenue fund

4,598,919 45,990 111,821 3,306,782

4,610,709 66,194 166,870 3,059,476

Permanent funds

Unrestricted

Total Net Position

8,063,512 $

7,903,249 $

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