7998-R1_ML&P_Hollis_2020-2021_AnnualReport_Web

STATEMENT A (CONTINUED) STATEMENT A (CONTINUED)

TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION JUNE 30, 2021 TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION JUNE 30, 2021

Governmental Activities Governmental Activities

LIABILITIES LIABILITIES

Current liabilities: Current liabilities: Accounts payable Accrued expenses Accounts payable ccrued expenses Due to other governments

$ $

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

Due to other governments Current portion of long-term obligations Current portion of long-term obligations Total current liabilities Noncurrent liabilities: Noncurrent portion of long-term obligations: Bond payable Noncurrent liabilities: Noncurrent portion of long-term obligations: Bond payable Net OPEB liability Total current liabilities

2,100,000 100,074 2,200,074 2,100,000 100,074 2,200,074 2,553,725 2,553,725

Net OPEB liability Total noncurrent liabilities Total noncurrent liabilities TOTAL LIABILITIES

TOTAL LIABILITIES

DEFERRED INFLOWS OF RESOURCES Prepaid taxes DEFERRED INFLOWS OF RESOURCES Prepaid taxes Deferred revenue eferred inflows related to OPEB TOTAL DEFERRED INFLOWS OF RESOURCES Deferred revenue Deferred inflows related to OPEB TOTAL DEFERRED INFLOWS OF RESOURCES

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

NET POSITION Net investment in capital assets NET POSITION Net investment in capital assets Restricted

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

Restricted Unrestricted Unrestricted TOTAL NET POSITION TOTAL NET POSITION

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION

20,922,170 $ 20,922,170 $

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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