7998-R1_ML&P_Hollis_2020-2021_AnnualReport_Web

STATEMENT A (CONTINUED)

TOWN OF HOLLIS, MAINE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2021 TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION JUNE 30, 2021 Governmental Activities STATEMENT E TOWN OF HOLLIS, MAINE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2021 STATEMENT E TOWN OF HOLLIS, MAINE STATEMENT OF EVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOV RNMENTAL F NDS FOR THE YEAR ENDED JUNE 30, 2021 LIABILITIES Other Total

STATEMENT E

Current liabilities:

Other

Total

General

Poland Spring Road Paving Governmental

Governmental

Accounts payable Accrued expenses

$

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

General Ge eral Fund Fund

Poland Spring Road Paving Governmental Other Poland Spring Road aving Governmental TIF Fund Projects Funds Projects Funds

Governmental

Total

Fund

TIF Fund

Funds

Governmental

REVENUES Taxes:

Due to other governments

TIF Fund

Projects

Funds

Funds

REVENUES Taxes: Property taxes Excise taxes Intergovernmental revenues Property taxes Excise taxes Property taxes Excise taxes Charges for services Miscellaneous revenues REVENUES Taxes:

Current portion of long-term obligations

$

$ 7,607,591 1,163,557 1,215,774 $

$

- - - -

$

- - - -

$

- - -

$

7,607,591 1,163,557 1,215,774 421,490 194,461 10,602,873 7,607,591 1,163,557 1,215,774 421,490 194,461 10,602,873

Total current liabilities

7,607,591 1,163,557 1,215,774 420,179 111,291 10,518,392 7,607,591 1,163,557 1,215,774 420,179 111, 1 10,5 1,058,333 771,652 811,410 257,670 1,058,333 771,652 811,410 257,670 73,188 73,188 280,061 280,061 2 849 4,72 732 267,102 2,849 4,722,732 267,102 37,508

$

- - - -

$

- - - - $

$

- - -

7,607,591 1,163,557 1,215,774 421,490 194,461 10,602,873 1,058,333 771,652 811,410 257,670 73,188 280,061 4,722,732 267,102 361,031 300,000 66,945 8,972,973 2,849

$

- - - -

$

- - - -

- - -

$

Noncurrent liabilities: Noncurrent portion of long-term obligations: Bond payable 420,179 111,291

Intergovernmental revenues Charges for services Miscellaneous revenues Charges for services Miscellaneous revenues

1,311 63,103 64,414

Intergovernmental revenues

1,311 63,103 64,414 2,100,000 100,074 2,200,074

19,321 19,321

746 746

1,311 63,103 64,414

19,321 19,321

746 746

TOTAL REVENUES

10,518,392

19,321 19,321

746 746

Net OPEB liability

TOTAL REVENUES

TOTAL REV UES

Total noncurrent liabilities

EXPENDITURES Current:

EXPENDITURES Current:

EXPENDITURES Current:

TOTAL LIABILITIES

2,553,725

General government Emergency services

1,058,333 771,652

- - - - - - - - -

- - - - - - - - - - - - -

- - - - - - - - -

1,058,333 771,652 811,410 257,670 73,188 280,061 4,722,732 267,102 361,031 300,000 66,945 8,972,973 2,849

General government Emergency services

- - - - - - - - -

- - - - - - - - - - - - -

- - - - - - - - -

1,058,333 771,652 811,410 257,670 73,1 8 280,061 4,722,732 267,102 361,031 300,000 66,945 8,972,973 2,849

General government Emergency services Public works

- - - - - - - - -

- - - - - - - - - - - - -

- - - - - - - - -

DEFERRED INFLOWS OF RESOURCES Prepaid taxes 811,410

Public works Recreation

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

Public works Recreation

257,670 73,188 280,061

Recreation Libraries

Deferred revenue

Libraries

Deferred inflows related to OPEB

Libraries Public services Health and welfare

Public services

TOTAL DEFERRED INFLOWS OF RESOURCES H alth and welfare

Public services Health and welfare Education

2,849

Education County tax Unclassified Debt service: Principal

4,722,732 267,102

NET POSITION Net investment in capital assets C unty tax Unclassified

Education County tax Unclassified Debt service: Principal Interest

284,990

38,533

38,533 6,0 4,880 4,397,786 18,284,053 - - 7,851,387

37,508

284,990

38,533

Debt service: Principal

Restricted Unrestricted

37,508

284,990 300,000 66,945 651,935 66,945

- -

300,000

- -

300,000 66,945 651,935

- -

TOTAL NET POSITION

- -

- -

Interest

TOTAL EXPENDITURES

8,282,505

651,935

38,533

Interest TOTAL EXPENDITURES

8,282,505

38,533

TOTAL EXPENDITURES 8,282,505 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION EXCESS OF REV NUES OVER (U DER) XPENDITURES 2,235,887 (632,614)

38,533

20,922,170 $ 25,881

746

1,629,900

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES OTHER FINANCING SOURCES (USES) Transfers in Transfers (out) Transfers (out) TOTAL OTHER FINANCING SOURCES (USES) NET CHANGE IN F ND BALANCES OTHER FINANCING SOURCES (USES) Transfers in Transfers (out) OTHER FINANCING SOURCES (USES) Transfers in EXCESS OF REVENUES OVER (UNDER) EXPENDITURES

2,235,887

(632,614)

746

25,881

1,629,900

2,235,887

(632,614)

746

25,881

1,629,900

-

1,485,220

- - -

1,400

1,486,620

- (1,486,620) (1,486,620) (1,486,620) 749,267 (1,486,620) 749,267 3,681,269 4,430,536 3,681,269 -

-

-

1,486,620 (1,486,620) (1,486,620) -

1,485,220

- - -

1,400

TOTAL OTHER FINANCING SOURCES (USES)

1,485,220

1,400

1,485,220 1,485,220 852,606 - -

- - -

1,400

1,486,620 (1,486,620)

(1,486,620) (1,486,620)

-

-

1,485,220

1,400

-

746

27,281

1,629,900

TOTAL OTHER FINANCING SOURCES (USES)

1,400

-

NET CHANGE IN FUND BALANCES

749,267

852,606

746

27,281

1,629,900

NET CHANGE IN FUND BALANCES FUND BALANCES - JULY 1

4,884,756

19,215

248,778

8,834, 18

852,606

746

27,281

1,629,900

FUND BALANCES - JUNE 30

$

$

5,737,362

$

19,961

$

276,059

$

8,834,018 10,463,918

FUND BALANCES - JULY 1

3,681,269

4,884,756

19,215

248,778

FUND BALANCES - JULY 1

4,884,756

19,215

248,778

8,834,018

FUND BALANCES - JUNE 30

$

4,430,536

$

5,737,362

$

19,961

$

276,059

$

10,463,918

FUND BALANCES - JUNE 30

$

4,430,536

$

5,737,362

$

19,961

$

276,059

$

10,463,918

91 See accompanying independent auditors' report and notes to financial statements. 18 See accompanying independent auditors' report and notes to financial statements. 13 See accompanying independent auditors' report and notes to financial statements. 18 See accompanying independent auditors' report and notes to financial statements. 18

Made with FlippingBook - professional solution for displaying marketing and sales documents online