7998-R1_ML&P_Hollis_2020-2021_AnnualReport_Web

STATEMENT A (CONTINUED)

TOWN OF HOLLIS, MAINE SCHEDULE OF CONTRIBUTIONS - OPEB LAST 10 FISCAL YEARS* TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION JUNE 30, 2021 TOWN OF HOLLIS, MAINE SCHEDULE OF CONTRIBUTIONS - OPEB LAST 10 FIS AL YEARS*

SCHEDULE 4 SCHEDULE 4

Governmental Activities

2021

2020

2019 2019

2018

LIABILITIES

2021

2020

2018

MMEHT:

Current liabilities:

MMEHT:

Accounts payable Accrued expenses

$

$ 11,208 14,768 300,000 353,651 $ $ $ 27,675

Employer contributions Benefit payments

$

312

$

4,03

$

3,875 (3,875) 3 ( ,

4,538 (4,538)

Employer contributions Benefit payments

$

312

$

4,030 (4,030)

$

4,538 (4,538)

Du to other governments

(312)

(4,03 )

)

(312)

Current portion of long-term obligations

Contribution deficiency (excess) Total current liabilities

$

-

$

-

$

-

-

Contribution deficiency (excess)

$

-

$

-

$

-

-

Covered payroll

$

565,161

$

420,508

$

420,508 420,508

420,508 $ 420,508 $

Covered payroll

$

565,161

$

420,508

$

Noncurrent liabilities: Noncurrent portion of long-term obligations: Bond payable

Contributions as a percentage of covered payroll

0.00%

0.00%

0.00% 0.00%

0.00%

2,100,000 100,074 2,200,074

Contributions as a percentage of covered payroll

0.00%

0.00%

0.00%

Net OPEB liability

Total noncurrent liabilities

* The amounts presented for each fiscal year are for those years for which information is available. * The amounts presented for each fiscal year are for those years for which information is available. TOTAL LIABILITIES

2,553,725

DEFERRED INFLOWS OF RESOURCES Prepaid taxes

8,831 51,584 23,977 84,392

Deferred revenue

Deferred inflows related to OPEB

TOTAL DEFERRED INFLOWS OF RESOURCES

NET POSITION Net investment in capital assets

7,851,387 6,034,880 4,397,786 18,284,053

Restricted Unrestricted

TOTAL NET POSITION

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION

20,922,170 $

See accompanying independent auditors' report and notes to financial statements. 54

See accompanying independent auditors' report and notes to financial statements. 13 See accompanying independent auditors' report and notes to financial statements. 54

127