2023 Annual Comprehensive Report

-7 Exhibit A-3 Page 1 of 2

BALANCE SHEET Governmental Funds June 30, 2023

DEBT

GENERAL

SERVICE

ASSETS

Cash and Cash Equivalents/Investments

$

103,943,443

$

13,321,414

Receivables: Taxes

3,199,597 4,254,660 30,695,131 1,085,286

Accounts, Notes and Mortgages

Rent Intergovernmental

491,562

Real Estate Foreclosed Interest Receivable - Lease

75,433 27,500

Internal Receivables

Due from Component Unit

1,189,212 1,985,031

Inventories

Miscellaneous

92,965

Assets Held for Resale Lease Receivable Restricted Assets:

9,973,781

Cash and Cash Equivalents/Investments

1,859,682

Receivables:

Intergovernmental Total Assets

$

158,381,721

$

13,812,976

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

3,486,588 548,521 6,741,657 1,019,907 2,860,930

$

Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable

Payroll Accrual

1,628

Internal Payables Miscellaneous Prepaid Privilege License Fees/Permits Unearned Grant Revenues Unearned Revenues Unearned Contributions/Donations Liabilities Payable From Restricted Assets: Accounts Payable Contracts/Retainage Payable Miscellaneous

16,658

316,612

1,859,682 16,850,555

Total Liabilities

1,628

Deferred Inflows of Resources: Deferred Inflows for Grants Unavailable Property Taxes

3,199,597

Notes and Mortgages Receivable Leases Unavailable Housing Code Revenues Prepaid Assessments Total Deferred Inflows of Resources Prepaid Taxes

9,881,755 1,172,719 643,243

14,897,314

Fund Balances:

Non-Spendable: Inventories

1,985,031

Miscellaneous Prepaid Expenditures

92,965 92,025

Leases

Perpetual Maintenance

Total Non-Spendable Fund Balance

2,170,021

Restricted:

Stabilization by State Statute

46,320,025

504,262

Debt Covenants Assets Held for Resale Grantor Requirements - Highway Improvements Total Restricted Fund Balance

46,320,025

504,262

Committed:

For 911 Program For Cemetery Maintenance For Special Tax Districts

For Neighborhood Development For Debt Service/Capital Projects

Total Committed Fund Balance

Assigned: Appropriated for Subsequent Year's Expenditures

6,534,498

For Debt Service

13,307,086

Designated for ARPA-Enabled Projects

14,331,791 20,928,335 41,794,624 36,349,182 126,633,852 158,381,721

For Capital Projects

For Neighborhood Development

Total Assigned Fund Balance

13,307,086

Unassigned

Total Fund Balances

13,811,348 13,812,976

Total Liabilities, Deferred Inflows of Resources and Fund Balances

$

$

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