2021 Annual Comprehensive Financial Report

-7- Exhibit A-3

BALANCE SHEET Governmental Funds June 30, 2021

TOTAL

OTHER

(1)

DEBT

GOVERNMENTAL

GOVERNMENTAL

ASSETS

GENERAL

SERVICE

FUNDS

FUNDS

Cash and Cash Equivalents/Investments

$

66,289,195

$

13,922,674

$

47,032,208

$

127,244,077

Receivables: Taxes

3,140,564 3,944,612

133,105

3,273,669 37,352,957

Accounts, Notes and Mortgages

33,408,345

Assessments

3,939

3,939

Intergovernmental Real Estate Foreclosed

27,810,885

327,017

11,563,519

39,701,421

888,027 433,000

888,027 433,000

Internal Receivables

Due from Component Unit

1,784,037 1,404,512

1,784,037 1,404,512

Inventories

Miscellaneous

86,681

86,681 95,180

Assets Held for Resale

95,180

Restricted Assets:

Cash and Cash Equivalents/Investments Receivables: Accounts, Notes and Mortgages Total Assets

1,775,434

81,098,115

82,873,549

$

107,556,947

$

14,249,691

$

173,334,411

$

295,141,049

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

$

4,768,877 8,408,177

$

$

3,181,785 340,330 4,523,220 814,783

7,950,662 8,748,507 4,523,882 814,783 415,000

Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable

662

Internal Payables Miscellaneous

415,000 96,918

96,918 15,962

Prepaid Privilege License Fees/Permits

15,962

Unearned Grant Revenues

36,207,219

36,207,219

Unearned Contributions/Donations Liabilities Payable From Restricted Assets: Accounts Payable

357,637

357,637

72,632

72,632

Contracts/Retainage Payable

4,021,511

4,021,511 1,775,435 65,000,148 3,132,241 3,273,669 1,637,828 899,551 104,889

Miscellaneous Total Liabilities

1,775,435 11,009,152

53,990,996

Deferred Inflows of Resources: Deferred Inflows for Grants

3,132,241 133,105 1,637,828

Property Taxes Receivable Notes and Mortgages Receivable Other Accounts Receivable

3,140,564

895,612 104,889

3,939

Prepaid Taxes

Prepaid Assessments

26,210

26,210

Total Deferred Inflows of Resources

4,141,065

4,933,323

9,074,388

Fund Balances:

Non-Spendable: Inventories

1,404,512

1,404,512

Miscellaneous Prepaid Expenditures

86,681

86,681

2,613,495 2,613,495

Perpetual Maintenance

2,613,495 4,104,688

Total Non-Spendable Fund Balance

1,491,193

Restricted:

Stabilization by State Statute

39,374,256

330,067

43,969,194 72,262,386

83,673,517 72,262,386

Debt Covenants

Assets Held for Resale

95,180

95,180

Grantor Requirements - Highway Improvements

2,240,075 118,566,835

2,240,075 158,271,158

Total Restricted Fund Balance

39,374,256

330,067

Committed:

For 911 Program

427,611 337,050

427,611 337,050

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

1,011,563 1,911,545 1,201,736 2,539,913 7,429,418

1,011,563 1,911,545 1,201,736 2,539,913 7,429,418 15,616,771 5,976,583 17,884,340 40,313,273 10,947,976 221,066,513 295,141,049 835,579

Total Committed Fund Balance

Assigned: Appropriated for Subsequent Year's Expenditures

6,080,874

7,943,041 5,976,583

1,592,856

For Debt Service For Capital Projects

15,827,450

2,056,890 835,579 4,485,325

For Neighborhood Development

Total Assigned Fund Balance

21,908,324 29,632,957 92,406,730 107,556,947

13,919,624

Unassigned

(18,684,981) 114,410,092 173,334,411

Total Fund Balances

14,249,691 14,249,691

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.