5584-R1_NewGloucester_2016-2017_AnnualReport_Web

STATEMENT C STATEMENT C STATEMENT C

STATEMENT STATEMENT C

TOWN OF NEW GLOUCESTER, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2017 TOWN OF NEW GLOUCESTER, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2017 TOWN OF NEW GLOUCESTER, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2017 TOWN OF NEW GLOUCESTER, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2017 TOWN OF NEW GLOUCESTER, MAINE BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2017

Tax Incremental Financing Governmental Other Financing Governmental Financing Governmental District Funds District Tax Incremental Tax Incremental Tax Incremental Financing Governmental Other Tax Incremental Other Funds

Total Total

Total

Total Governmental Governmental Governmental Funds $ 5,924,987 $ 5,924,987 $ 5,924,987 Funds Funds Funds

Financing Governmental Other Other

Governmental Total

General General Fund

General

General

General

Funds Governmental

Fund

Fund

District

Funds

Fund

District

Funds

ASSETS Cash and cash equivalents Accounts receivable (net of allowance for uncollectibles): Taxes Accounts receivable (net of allowance for uncollectibles): Taxes Accounts receivable (net of allowance for uncollectibles): Taxes Liens ASSETS Cash and cash equivalents ASSETS Cash and cash equivalents ASSETS Cash and cash equivalents

Fund

District

Funds

$ 4,125,439 $ 4,125,439

$

$ 325,283 325,283

$ 1,474,265 $ 1,474,265

$ 4,125,439

325,283

$ 1,474,265

$ 5,924,987

$ 4,125,439

$

325,283

$ 1,474,265

$ $ 4,125,439

$

325,283

$ 1,474,265

$ 5,924,987

Accounts receivable (net of allowance for uncollectibles): Taxes

26,413 184,475 51,037 55,892 26,413 184,475 51,037 55,892

- - - - - - - - - - - - - - - - - - - - - -

- - - - -

26,413 184,475 51,037 55,892 117,830 26,413 51,037 55,892 26,413 51,037 55,892 16,924 12,474 117,830 147,228 16,924 12,474 16,924 12,474 16,701 138,849 172,000 16,701 16,701 $

26,413 184,475 51,037 55,892

- - - - -

- - - -

26,413 184,475 51,037 55,892 117,830

26,413 184,475 51,037 55,892 100

- - - - -

- - - -

26,413 184,475 51,037 55,892

- - - - -

- - - -

26,413 184,475 51,037 55,892

184,475 184,475

Liens Other

Liens Other

Liens Other Other

TOTAL ASSETS Due from other funds TOTAL ASSETS Due from other funds TOTAL ASSETS LIABILITIES Accounts payable Accrued expenses Due to other funds TOTAL LIABILITIES LIABILITIES Accounts payable Accrued expenses Due to other funds TOTAL LIABILITIES Due from other governments Due from other governments LIABILITIES Accounts payable Accrued expenses Due to other funds TOTAL LIABILITIES LIABILITIES Accounts payable Accrued expenses Due to other funds TOTAL LIABILITIES

Due from other governments

Due from other governments Due from other funds Due from other funds TOTAL ASSETS

117,730 117,730 $ 1,591,995 $ 1,591,995

$ 6,360,634 $ 6,360,634 $ 6,360,634 117,830 117,830

100

117,730 $ 1,591,995 117,730

100 $ 4,443,356 100 100 $

117,730

$ 6,360,634 117,830

$ 4,443,356 $ 4,443,356

$ 325,283 325,283

325,283

$ 4,443,356

$

325,283

$ 1,591,995

$ $ 4,443,356

$

325,283

$ 1,591,995

$ 6,360,634

$ $

$ 16,924 12,474 117,730 147,128 16,924 12,474 117,730 147,128 16,701 138,849 172,000 16,701 138,849 172,000 327,550 327,550

$

$ - $

- - -

$ - $

$ 16,924 12,474 117,730 147,128 $ $

$

- - - -

$

- - $

16,924 12,474 117,830 147,228

$

16,924 12,474 117,730 147,128

- - - -

$

- -

$

$

16,924 12,474 117,730 147,128

$

16,924 12,474 117,830 147,228

- - -

-

100 100 100

117,830 147,228 117,830 147,228

100 100

100 100

100 100

DEFERRED INFLOWS OF RESOURCES Prepaid taxes Deferred revenues TOTAL DEFERRED INFLOWS OF RESOURCES DEFERRED INFLOWS OF RESOURCES Prepaid taxes Deferred revenues Deferred property tax TOTAL DEFERRED INFLOWS OF RESOURCES DEFERRED INFLOWS OF RESOURCES Prepaid taxes Deferred revenues Deferred property tax TOTAL DEFERRED INFLOWS OF RESOURCES Deferred revenues Deferred property tax TOTAL DEFERRED INFLOWS OF RESOURCES Deferred property tax

DEFERRED INFLOWS OF RESOURCES Prepaid taxes

- - - - - - - -

16,701 138,849 172,000

- - -

- - -

16,701 138,849 172,000

16,701 138,849 172,000

- - -

- - -

16,701 138,849 172,000

- - -

- - -

16,701 138,849 172,000

138,849 172,000 138,849 172,000 327,550 327,550

327,550

-

-

327,550

327,550

-

-

327,550

327,550

-

-

327,550

FUND BALANCES Nonspendable FUND BALANCES Nonspendable Restricted

FUND BALANCES Nonspendable

FUND BALANCES Nonspendable Restricted

- - - -

- -

- - -

-

-

-

- - -

-

- 158,356 1,433,539 - 158,356 158,356 -

- 483,639 1,433,539 525,991 3,442,687 5,885,856 - - 483,639 525,991 483,639 525,991

- - -

-

-

-

325,283 325,283

325,283

158,356 1,433,539

483,639 1,433,539 525,991 3,442,687 5,885,856

Restricted Committed Assigned Unassigned

325,283 -

325,283

158,356 1,433,539

483,639 1,433,539 525,991 3,442,687 5,885,856

Restricted Committed Assigned Unassigned Committed Assigned Unassigned

- - 1,433,539 1,433,539 1,591,895 1,591,895 - -

1,433,539 1,433,539 3,442,687 5,885,856 3,442,687 5,885,856

Committed Assigned Unassigned

- - -

- - -

525,991 3,442,687 3,968,678 525,991 3,442,687 3,968,678

525,991 3,442,687 3,968,678

525,991 3,442,687 3,968,678

- -

525,991 3,442,687 3,968,678

- -

TOTAL FUND BALANCES TOTAL FUND BALANCES

$ 325,283 325,283 325,283 325,283

TOTAL FUND BALANCES

325,283

1,591,895

TOTAL FUND BALANCES

325,283

1,591,895

325,283

1,591,895

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

$ 4,443,356 $ 4,443,356

$

$ 1,591,995 $ 1,591,995

$ 6,360,634 $ 6,360,634 $ 6,360,634

$ 4,443,356

325,283

$ 1,591,995

$ 6,360,634

$ 4,443,356

$

325,283

$ 1,591,995

$ $ 4,443,356

$

325,283

$ 1,591,995

$ 6,360,634

See accompanying independent auditors' report and notes to financial statements. 14 See accompanying independent auditors' report and notes to financial statements. 14 See accompanying independent auditors' report and notes to financial statements. 14 14 See accompanying independent auditors' report and notes to financial statements. 14

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