2019 Comprehensive Annual Financial Report (CAFR)

-7- Exhibit A-3

BALANCE SHEET Governmental Funds June 30, 2019

TOTAL

OTHER

(1)

DEBT

GOVERNMENTAL

GOVERNMENTAL

ASSETS

GENERAL

SERVICE

FUNDS

FUNDS

Cash and Cash Equivalents/Investments

$

48,810,690

$

28,348,475

$

19,983,667

$

97,142,832

Receivables: Taxes

3,859,534 2,967,515

116,654

3,976,188 29,987,659 29,195,020 736,384 673,850 1,147,643 1,194,881 479,095 6,013

Accounts, Notes and Mortgages

27,020,144

Assessments

6,013

Intergovernmental Real Estate Foreclosed

24,282,341

287,895

4,624,784

736,384

Internal Receivables

673,850

Due from Component Unit

1,147,643 1,194,881 394,095

Inventories Miscellaneous

85,000 95,180

Assets Held for Resale

95,180

Restricted Assets: Cash and Cash Equivalents/Investments

1,455,326

98,146,914

99,602,240

Receivables: Accounts, Notes and Mortgages

448,964

448,964

Total Assets

$

84,848,409

$

28,636,370

$

151,201,170

$

264,685,949

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

2,713,133 214,280 3,804,549 773,523

$

$

421,887 2,439,892

$

3,135,020 2,654,172 3,806,302 773,523 673,850

Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable

1,753

Internal Payables Miscellaneous

673,850 98,413

98,413 15,846

Prepaid Privilege License Fees Prepaid Business Permit Fees Unearned Grant Revenues Unearned Contributions/Donations

15,846

850

850

3,975,171 296,741

3,975,171

296,741

Liabilities Payable From Restricted Assets: Accounts Payable

202,603 4,740,057

202,603 4,740,057 1,455,326 21,827,874

Contracts/Retainage Payable

Miscellaneous

1,455,326 9,274,248

Total Liabilities

12,553,626

Deferred Inflows of Resources: Property Taxes Receivable

3,859,534

116,654 14,480

3,976,188

Notes and Mortgages Receivable Other Accounts Receivable

14,480 828,166 27,403 17,282

822,153 27,403

6,013

Prepaid Taxes

Prepaid Assessments

17,282 154,429

Total Deferred Inflows of Resources

4,709,090

4,863,519

Fund Balances:

Non-Spendable: Inventories

1,194,881 394,095

1,194,881 394,095 2,527,236 4,116,212

Miscellaneous Prepaid Expenditures

Perpetual Maintenance

2,527,236 2,527,236

Total Non-Spendable Fund Balance

1,588,976

Restricted: Stabilization by State Statute

32,000,861

294,495

33,167,663 88,628,038 2,362,152 124,253,033 95,180

65,463,019 88,628,038 2,362,152 156,548,389 95,180

Debt Covenants

Assets Held for Resale

Grantor Requirements - Highway Improvements

Total Restricted Fund Balance

32,000,861

294,495

Committed:

For 911 Program

226,820 198,473 918,681

226,820 198,473 918,681

For Cemetery Maintenance For Special Tax Districts For Neighborhood Development For Economic Opportunity For Debt Service/Capital Projects

1,639,015 422,290 8,604,834 12,010,113

1,639,015 422,290 8,604,834 12,010,113 9,061,601 25,097,927 7,965,015 42,162,727 23,157,115 237,994,556 264,685,949 38,184

Total Committed Fund Balance

Assigned: Appropriated for Subsequent Year's Expenditures

4,853,059

3,243,948 25,097,927

964,594

For Debt Service For Capital Projects

4,970,310

2,994,705

For Neighborhood Development Total Assigned Fund Balance

38,184

9,823,369 27,451,865 70,865,071 84,848,409

28,341,875

3,997,483 (4,294,750) 138,493,115 151,201,170

Unassigned

Total Fund Balances

28,636,370 28,636,370

Total Liabilities, Deferred Inflows of Resources and Fund Balances (1) After internal receivables and payables have been eliminated.

$

$

$

$

The notes to the financial statements are an integral part of this statement.