7077-R2_NewGloucester_2019_AnnualReport_Web

STATEMENT A (CONTINUED)

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

STATEMENT A (CONTINUED)

Governmental Activities

LIABILITIES Current liabilities:

Accounts payable Accrued expenses LIABILITIES Current liabilities: Total current liabilities

$

268,944 11,652 189,240 469,836 Governmental Activities

Current portion of long-term obligations

Noncurrent liabilities: Noncurrent portion of long-term obligations: Bond payable Accounts payable Accrued expenses Current portion of long-term obligations Accrued compensated absences Total current liabilities Net pension liability Net OPEB liability Noncurrent liabilities: Noncurrent portion of long-term obligations: Bond payable Total noncurrent liabilities DEFERRED INFLOWS OF RESOURCES Prepaid taxes Deferred inflows related to pensions Deferred inflows related to OPEB TOTAL DEFERRED INFLOWS OF RESOURCES Net OPEB liability Total noncurrent liabilities TOTAL LIABILITIES DEFERRED INFLOWS OF RESOURCES Prepaid taxes NET POSITION Net investment in capital assets Restricted: Special revenue funds Deferred inflows related to OPEB Accrued compensated absences Net pension liability Deferred inflows related to pensions TOTAL LIABILITIES

$

268,944 11,652 189,240 469,836

4,230,000 80,550 306,617 156,912 4,774,079

4,230,000 80,550 306,617 156,912 4,774,079

5,243,915

15,810 127,530 12,701 156,041

5,243,915

15,810 127,530 12,701 156,041

4,222,912 786,148 7,541,284 12,551,970 1,626

Capital projects funds TOTAL DEFERRED INFLOWS OF RESOURCES

Unrestricted

NET POSITION Net investment in capital assets

TOTAL NET POSITION

4,222,912 786,148 7,541,284 12,551,970 1,626

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION Restricted: Special revenue funds Capital projects funds

17,951,926 $

Unrestricted

TOTAL NET POSITION

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION

17,951,926 $

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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