6422-R1_ML&P_TownOfBuxton_2017-2018_AnnualReport-Web

TABLE 1

TOWN OF BUXTON, MAINE NET POSITION JUNE 30, 2018 AND 2017

2017

2018

(Restated)

Assets: Current Assets Capital Assets Total Assets

4,729,308 $ 6,888,457 11,617,765

4,994,240 $ 5,570,612 10,564,852

Deferred Outflows of Resources Deferred Outflows Related to OPEB

20,605 20,605

- -

Liabilities: Current Liabilities

511,629 1,927,135 2,438,764

635,493 1,162,362 1,797,855

Long-term Debt Outstanding

Total Liabilities

Deferred Inflows of Resources: Prepaid Taxes Deferred Inflows Related to OPEB Total Deferred Inflows of Resources Net Position: Net Investment in Capital Assets Restricted: Special Revenue Funds

35,640 8,698 44,338

29,312

-

29,312

4,765,283 48,439 168,519 4,173,027

4,214,380 49,334 168,448 4,305,523

Permanent Funds

Unrestricted

Total Net Position

9,155,268 $

8,737,685 $

44