COG Comprehensive Annual Financial Report
-7- Exhibit A-3
BALANCE SHEET Governmental Funds June 30, 2018
TOTAL
OTHER
(1)
DEBT
GOVERNMENTAL
GOVERNMENTAL
ASSETS
GENERAL
SERVICE
FUNDS
FUNDS
Cash and Cash Equivalents/Investments
$
50,457,352
$
22,992,943
$
18,189,682
$
91,639,977
Receivables: Taxes
4,045,083 2,310,108
80,939
4,126,022 27,332,715
Accounts, Notes and Mortgages
25,022,607
Assessments
10,667
10,667
Rent
1,375
1,375
Intergovernmental
22,305,277
187,879
5,489,911
27,983,067
Real Estate Foreclosed
709,014
709,014
Internal Receivables
1,029,075
1,029,075
Due from Component Unit
592,688
592,688
Inventories
1,023,548
1,023,548
Miscellaneous
194,171
194,171 95,180
Assets Held for Resale
95,180
Restricted Assets:
Cash and Cash Equivalents/Investments Receivables: Accounts, Notes and Mortgages
1,513,540
28,832,827
30,346,367
790,076
790,076
Total Assets
$
83,150,781
$
23,180,822
$
79,542,339
$
185,873,942
LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES
Liabilities:
Accounts Payable
$
2,749,717
$
$
81,794 821,500
$
2,831,511 1,235,297 3,594,081
Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable
413,797
3,591,351
2,730
801,511
801,511
Internal Payables Miscellaneous
1,029,075
1,029,075
209,487
209,487 17,026
Prepaid Privilege License Fees Prepaid Business Permit Fees Unearned Grant Revenues Unearned Contributions/Donations
17,026
1,600
1,600
5,581,406
5,581,406
293,589
293,589
Liabilities Payable From Restricted Assets: Accounts Payable
1,034,361 2,115,957
1,034,361 2,115,957 1,513,540 20,258,441
Contracts/Retainage Payable
Miscellaneous Total Liabilities
1,513,540 9,382,131
10,876,310
Deferred Inflows of Resources: Property Taxes Receivable
4,045,083
80,938 32,180 10,667
4,126,021
Notes and Mortgages Receivable
32,180 899,781 134,583 17,282
Other Accounts Receivable
889,114 134,583
Prepaid Taxes
Prepaid Assessments
17,282 141,067
Total Deferred Inflows of Resources
5,068,780
5,209,847
Fund Balances:
Non-Spendable: Inventories
1,023,548
1,023,548
Miscellaneous Prepaid Expenditures
194,171
194,171
Perpetual Maintenance Assets Held for Resale
2,482,011
2,482,011
95,180
95,180
Total Non-Spendable Fund Balance
1,217,719
2,577,191
3,794,910
Restricted:
Stabilization by State Statute
28,775,095
191,879
33,321,507 22,688,461 2,246,049 58,256,017
62,288,481 22,688,461 2,246,049 87,222,991
Debt Covenants
Grantor Requirements - Highway Improvements
Total Restricted Fund Balance
28,775,095
191,879
Committed:
For 911 Program
289,259 884,948
289,259 884,948
For Special Tax Districts
For Neighborhood Development For Economic Opportunity For Cemetery Maintenance For Debt Service/Capital Projects
2,001,229
2,001,229
549,368 200,146
549,368 200,146
6,341,162 10,266,112
6,341,162 10,266,112
Total Committed Fund Balance
Assigned: Appropriated for Subsequent Year's Expenditures
6,237,281
45,045
804,695
7,087,021 22,943,898 9,363,388 39,394,307 19,727,334 160,405,654 185,873,942
For Debt Service For Capital Projects
22,943,898
6,211,244 12,448,525 26,258,531 68,699,870 83,150,781
3,152,144 3,956,839 (6,531,197) 68,524,962 79,542,339
Total Assigned Fund Balance
22,988,943
Unassigned
Total Fund Balances
23,180,822 23,180,822
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.
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