7998-R1_ML&P_Hollis_2020-2021_AnnualReport_Web

STATEMENT A (CONTINUED)

TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION - FIDUCIARY FUNDS JUNE 30, 2021 TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION JUNE 30, 2021 TOWN OF HOLLIS, MAINE STATEMENT OF NET POSITION - FIDUCIARY FUNDS JUNE 30, 2021

STATEMENT G STATEMENT G

Governmental Activities

Total Private Purpose Trusts Total Private Purpose Trusts

LIABILITIES

Current liabilities:

Accounts payable Accrued expenses

$

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

Due to other governments

ASSETS Cash and cash equivalents ASSETS Cash and cash equivalents TOTAL ASSETS LIABILITIES Due to other governments LIABILITIES Due to other governments TOTAL LIABILITIES

Current portion of long-term obligations

$ $

7,110 7,110

Total current liabilities

$ $

7,110 7,110

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

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

$

550 550

Net OPEB liability

$

550 550

Total noncurrent liabilities

TOTAL LIABILITIES NET POSITION Nonspendable

TOTAL LIABILITIES

2,553,725

6,300

NET POSITION Nonspendable DEFERRED INFLOWS OF RESOURCES Prepaid taxes Restricted

260

6,300

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

Restricted TOTAL NET POSITION TOTAL LIABILITIES AND NET POSITION TOTAL NET POSITION TOTAL LIABILITIES AND NET POSITION

260 6,560

Deferred revenue

6,560

Deferred inflows related to OPEB

TOTAL DEFERRED INFLOWS OF RESOURCES

$

7,110

NET POSITION Net investment in capital assets

$

7,110

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 $

93 See accompanying independent auditors' report and notes to financial statements. 20 See accompanying independent auditors' report and notes to financial statements. 13 See accompanying independent auditors' report and notes to financial statements. 20