2020 Comprehensive Annual Financial Report

-7- Exhibit A-3

BALANCE SHEET Governmental Funds June 30, 2020

TOTAL

OTHER

(1)

DEBT

GOVERNMENTAL

GOVERNMENTAL

ASSETS

GENERAL

SERVICE

FUNDS

FUNDS

Cash and Cash Equivalents/Investments

$

52,813,437

$

25,702,448

$

13,075,543

$

91,591,428

Receivables: Taxes

3,675,753 4,235,355

149,253

3,825,006 39,333,862

Accounts, Notes and Mortgages

35,098,507

Assessments

5,435

5,435

Intergovernmental Real Estate Foreclosed

22,700,075

298,616

14,798,536

37,797,227

741,024 35,500 883,661

741,024 35,500 883,661

Internal Receivables

Due from Component Unit

Inventories Miscellaneous

1,236,548 135,859

1,236,548 135,859

Assets Held for Resale

95,180

95,180

Restricted Assets: Cash and Cash Equivalents/Investments

1,564,239

113,008,044

114,572,283

Receivables: Accounts, Notes and Mortgages

325,556

325,556

Total Assets

$

88,021,451

$

26,001,064

$

176,556,054

$

290,578,569

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

3,470,191 405,651 4,217,891 901,410 630,500

$

1,050

$

5,717,040 4,431,173

$

9,188,281 4,836,824 4,219,321 901,410 666,000

Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable

1,430

Internal Payables Miscellaneous

35,500 98,814

98,814 12,191

Prepaid Privilege License Fees Unearned Grant Revenues Unearned Contributions/Donations

12,191

11,578,291

11,578,291

252,696

252,696

Liabilities Payable From Restricted Assets: Accounts Payable

35,496

35,496

Contracts/Retainage Payable

6,023,031

6,023,031 1,564,239 39,376,594 3,825,006 2,288,360 824,438

Miscellaneous

1,564,239 11,454,769

Total Liabilities

1,050

27,920,775

Deferred Inflows of Resources: Property Taxes Receivable

3,675,753

149,253 2,288,360

Notes and Mortgages Receivable Other Accounts Receivable

819,003 25,063

5,435

Prepaid Taxes

25,063 12,982

Prepaid Assessments

12,982

Total Deferred Inflows of Resources

4,519,819

2,456,030

6,975,849

Fund Balances:

Non-Spendable: Inventories

1,236,548 135,859

1,236,548 135,859 2,582,813 3,955,220

Miscellaneous Prepaid Expenditures

Perpetual Maintenance

2,582,813 2,582,813

Total Non-Spendable Fund Balance

1,372,407

Restricted: Stabilization by State Statute

32,262,485

388,666

48,378,641 103,559,010 1,028,686 153,061,517 95,180

81,029,792 103,559,010 1,028,686 185,712,668 95,180

Debt Covenants

Assets Held for Resale

Grantor Requirements - Highway Improvements

Total Restricted Fund Balance

32,262,485

388,666

Committed:

For 911 Program

534,082 283,511 912,437

534,082 283,511 912,437

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

1,977,839 458,046 2,076,469 6,242,384

1,977,839 458,046 2,076,469 6,242,384 15,955,269 16,804,338 9,108,000 41,952,353 6,363,501 244,226,126 290,578,569 84,746

Total Committed Fund Balance

Assigned: Appropriated for Subsequent Year's Expenditures

4,260,650

8,807,010 16,804,338

2,887,609

For Debt Service For Capital Projects

6,485,421

2,622,579

For Neighborhood Development Total Assigned Fund Balance

84,746

10,746,071 27,665,900 72,046,863 88,021,451

25,611,348

5,594,934

Unassigned

(21,302,399) 146,179,249 176,556,054

Total Fund Balances

26,000,014 26,001,064

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.