8381-R3_ML&P_Hollis_2021-2022_AnnualReport_Text

TOTAL DEFERRED INFLOWS OF RESOURCES 177,642 - - - 177,642 FUND BALANCES Nonspendable - - - - - Restricted - 6,331,747 9,344 430,835 6,771,926 Committed - - - - - Assigned 1,107,275 - - - 1,107,275 Unassigned 4,611,820 - - (315) 4,611,505 TOTAL FUND BALANCES 5,719,095 6,331,747 9,344 430,520 12,490,706 TOTAL DEFERRED INFLOWS OF RESOURCES 177,642 - - - 177,642 FUND BALANCES Nonspendable - - - - - Restricted - 6,331,747 9,344 430,835 6,771,926 Committed - - - - - Assigned 1,107,275 - - - 1,107,275 Unassigned 4,611,820 - - (315) 4,611,505 TOTAL FUND BALANCES 5,719,095 6,331,747 9,344 430,520 12,490,706

Other Total General Poland Spring Road Paving Governmental Governmental Fund TIF Fund Projects Funds Funds Cash and cash equivalents $ 9,319,882 $ 3,132,988 - $ 52,865 $ $ 12,505,735 Accounts receivable (net of allowance for uncollectibles): Taxes 154,718 - - - 154,718 Liens 35,711 - - - 35,711 Other 47,423 - - - 47,423 Due from other funds 12,733 3,198,759 9,344 390,388 3,611,224 TOTAL ASSETS $ 9,570,467 $ 6,331,747 9,344 $ $ 443,253 $ 16,354,811 LIABILITIES Other Total General Poland Spring Road Paving Governmental Governmental Fund TIF Fund Projects Funds Funds ASSETS Cash and cash equivalents $ 9,319,882 $ 3,132,988 - $ 52,865 $ $ 12,505,735 Accounts receivable (net of allowance for uncollectibles): Taxes 154,718 - - - 154,718 Liens 35,711 - - - 35,711 Other 47,423 - - - 47,423 Due from other funds 12,733 3,198,759 9,344 390,388 3,611,224 TOTAL ASSETS $ 9,570,467 $ 6,331,747 9,344 $ $ 443,253 $ 16,354,811 LIABILITIES Accounts payable 30,096 $ - $ - $ - $ 30,096 $ Accrued expenses 15,865 - - - 15,865 ASSETS Accounts payable 30,096 $ - $ - $ - $ 30,096 $ Accrued expenses 15,865 - - - 15,865 Due to other governments 29,278 - - - 29,278 Due to other funds 3,598,491 - - 12,733 3,611,224 TOTAL LIABILITIES 3,673,730 - - 12,733 3,686,463 Due to other governments 29,278 - - - 29,278 Due to other funds 3,598,491 - - 12,733 3,611,224 TOTAL LIABILITIES 3,673,730 - - 12,733 3,686,463

DEFERRED INFLOWS OF RESOURCES Prepaid taxes 11,698 - - - 11,698 Deferred revenue 56,982 - - - 56,982 Deferred tax revenue 108,962 - - - 108,962 DEFERRED INFLOWS OF RESOURCES Prepaid taxes 11,698 - - - 11,698 Deferred revenue 56,982 - - - 56,982 Deferred tax revenue 108,962 - - - 108,962

STATEMENT C

STATEMENT C

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES $ 9,570,467 $ 6,331,747 9,344 $ $ 443,253 $ 16,354,811 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES $ 9,570,467 $ 6,331,747 9,344 $ $ 443,253 $ 16,354,811

JUNE 30, 2022

JUNE 30, 2022

TOWN OF HOLLIS, MAINE TOWN OF HOLLIS, MAINE

BALANCE SHEET - GOVERNMENTAL FUNDS BALANCE SHEET - GOVERNMENTAL FUNDS

See accompanying independent auditor’s report and notes to financial statements. See accompanying independent auditor’s report and notes to financial statements.

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