7538-R2_ML&P_TownOfBuxton_2019-2020_Web

TABLE 1

TOWN OF BUXTON, MAINE NET POSITION JUNE 30, 2020 AND 2019

2020

2019

Assets: Current Assets

5,020,354 $ 8,129,469 13,149,823

4,989,266 $ 7,340,248 12,329,514

Noncurrent Assets - Capital Assets

Total Assets

Deferred Outflows of Resources: Deferred Outflows Related to OPEB Total Deferred Outflows of Resources

78,210 78,210

18,206 18,206

Liabilities: Current Liabilities Noncurrent Liabilities

549,207 1,887,902 2,437,108

405,532 1,987,485 2,393,017

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

26,782 18,281 45,063

24,948 21,048 45,996

6,124,227 11,343 166,699 4,443,593

5,266,867 40,781 166,227 4,434,832

Permanent Funds

Unrestricted

Total Net Position

10,745,862 $

9,908,707 $

49