7077-R2_NewGloucester_2019_AnnualReport_Web

STATEMENT A

TOWN OF NEW GLOUCESTER, MAINE STATEMENT OF NET POSITION JUNE 30, 2019

Governmental Activities

ASSETS

Current assets: Cash and cash equivalents

$

5,000,271 3,837,123 12,748 134,705 159,059 9,143,906

Investments

Accounts receivable (net of allowance for uncollectibles): Taxes

Liens Other

Total current assets

Noncurrent assets: Capital assets: Land and other assets not being depreciated

955,673 7,682,239 8,637,912

Buildings and equipment, net of accumulated depreciation

Total noncurrent assets

TOTAL ASSETS

17,781,818

DEFERRED OUTFLOWS OF RESOURCES Deferred outflows related to pensions Deferred outflows related to OPEB TOTAL DEFERRED OUTFLOWS OF RESOURCES

129,933 40,175 170,108

TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES

17,951,926 $

12

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