9364-R2_Harrison_2025_AnnualReport

Accounts receivable (net of allowance for uncollectibles): Taxes 298,690 - - - 298,690 Liens 41,929 - - - 41,929 Other 7,202 - - - 7,202 Due from other governments 29,556 - - - 29,556 Tax acquired property 65,035 - - - 65,035 Inventory 320 - - - 320 Due from other funds 17,350 1,731,693 - 364,163 2,113,206 Accounts receivable (net of allowance for uncollectibles): Taxes 298,690 - - - 298,690 Liens 41,929 - - - 41,929 Other 7,202 - - - 7,202 Due from other governments 29,556 - - - 29,556 Tax acquired property 65,035 - - - 65,035 Inventory 320 - - - 320 Due from other funds 17,350 1,731,693 - 364,163 2,113,206

DEFERRED INFLOWS OF RESOURCES Prepaid taxes 693 - - - 693 Deferred revenue - - - 200,710 200,710 Deferred property tax 115,165 - - - 115,165 TOTAL DEFERRED INFLOWS OF RESOURCES 115,858 - - 200,710 316,568 FUND BALANCES Nonspendable 65,355 - 370,000 139,589 574,944 Restricted - - 381,462 381,839 763,301 Committed - 4,145,405 - 32,678 4,178,083 Assigned 25,000 - - 118,376 143,376 Unassigned (deficit) 3,869,777 - - (5,515) 3,864,262 DEFERRED INFLOWS OF RESOURCES Prepaid taxes 693 - - - 693 Deferred revenue - - - 200,710 200,710 Deferred property tax 115,165 - - - 115,165 TOTAL DEFERRED INFLOWS OF RESOURCES 115,858 - - 200,710 316,568 FUND BALANCES Nonspendable 65,355 - 370,000 139,589 574,944 Restricted - - 381,462 381,839 763,301 Committed - 4,145,405 - 32,678 4,178,083 Assigned 25,000 - - 118,376 143,376 Unassigned (deficit) 3,869,777 - - (5,515) 3,864,262

TOTAL ASSETS $ 6,258,777 $ 4,145,405 $ 751,462 $ 885,027 12,040,671 $ LIABILITIES Accounts payable $ 11,474 - $ - $ - $ $ 11,474 Accrued expenses 34,653 - - - 34,653 TOTAL ASSETS $ 6,258,777 $ 4,145,405 $ 751,462 $ 885,027 12,040,671 $ LIABILITIES Accounts payable $ 11,474 - $ - $ - $ $ 11,474 Accrued expenses 34,653 - - - 34,653

Due to other governments 40,804 - - - 40,804 Due to other funds 2,095,856 - - 17,350 2,113,206 TOTAL LIABILITIES 2,182,787 - - 17,350 2,200,137 Due to other governments 40,804 - - - 40,804 Due to other funds 2,095,856 - - 17,350 2,113,206 TOTAL LIABILITIES 2,182,787 - - 17,350 2,200,137

Combined Murray Other Total Combined Murray Other Total

General Capital Trust Governmental Governmental Fund Fund Fund Funds Funds General Capital Trust Governmental Governmental Fund Fund Fund Funds Funds

ASSETS Cash and cash equivalents $ 5,798,695 $ 2,413,712 $ 17,054 7,462 $ $ 8,236,923 Investments - - 734,408 513,402 1,247,810 ASSETS Cash and cash equivalents $ 5,798,695 $ 2,413,712 $ 17,054 7,462 $ $ 8,236,923 Investments - - 734,408 513,402 1,247,810

TOTAL FUND BALANCES 3,960,132 4,145,405 751,462 666,967 9,523,966 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES $ 6,258,777 $ 4,145,405 $ 751,462 $ 885,027 12,040,671 $ TOTAL FUND BALANCES 3,960,132 4,145,405 751,462 666,967 9,523,966 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES $ 6,258,777 $ 4,145,405 $ 751,462 $ 885,027 12,040,671 $

STATEMENT C STATEMENT C

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

JUNE 30, 2023 JUNE 30, 2023

TOWN OF HARRISON, MAINE TOWN OF HARRISON, MAINE

BALANCE SHEET - GOVERNMENTAL FUNDS BALANCE SHEET - GOVERNMENTAL FUNDS

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