5584-R1_NewGloucester_2016-2017_AnnualReport_Web

STATEMENT B (CONTINUED) STATEMENT B (CONTINUED)

STATEMENT B (CONTINUED)

TOWN OF NEW GLOUCESTER, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2017 TOWN OF NEW GLOUCESTER, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2017 TOWN OF NEW GLOUCESTER, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2017

Governmental Activities Governmental Activities

Governmental Activities

Changes in net position: Net (expense) revenue Changes in net position: Net (expense) revenue

Changes in net position: Net (expense) revenue

(8,281,455) (8,281,455)

(8,281,455)

General revenues: Taxes: Property taxes, levied for general purposes General revenues: Taxes: Property taxes, levied for general purposes Excise taxes General revenues: Taxes: Property taxes, levied for general purposes Excise taxes Grants and contributions not restricted to specific programs Grants and contributions not restricted to specific programs Grants and contributions not restricted to specific programs Excise taxes Miscellaneous

6,831,891 1,129,611 572,556 146,898 8,680,956 6,831,891 1,129,611 572,556 146,898 8,680,956

6,831,891 1,129,611 572,556 146,898 8,680,956

Miscellaneous Total general revenues Total general revenues Change in net position Change in net position NET POSITION - JULY 1 NET POSITION - JULY 1 NET POSITION - JUNE 30 NET POSITION - JUNE 30 Miscellaneous Total general revenues Change in net position NET POSITION - JULY 1 NET POSITION - JUNE 30

399,501 399,501

399,501

11,320,635 11,320,635 11,720,136 11,720,136

11,320,635

$

$

11,720,136

$

See accompanying independent auditors' report and notes to financial statements. 13 See accompanying independent auditors' report and notes to financial statements. 13 See accompanying independent auditors' report and notes to financial statements. 13

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