Comprehensive Annual Financial Report FY 2016

-7- Exhibit A-3

BALANCE SHEET Governmental Funds June 30, 2016

TOTAL

OTHER

(1)

DEBT

GOVERNMENTAL

GOVERNMENTAL

GENERAL

SERVICE

FUNDS

FUNDS

ASSETS

Cash and Cash Equivalents/Investments

$

57,018,960

$

10,697,305

$

14,484,537

$

82,200,802

Receivables: Taxes

4,992,001 2,171,987

81,525

5,073,526 25,891,757

Accounts, Notes and Mortgages

23,719,770

Assessments

21,038 1,650

21,038 1,650

Rent

Intergovernmental Real Estate Foreclosed

21,245,856

212,120

4,457,429

25,915,405 640,678 1,502,330 968,875 1,003,078 199,210

640,678 150,910 968,875

Internal Receivables

1,351,420

Due from Component Unit

Inventories

1,003,078 197,660

Miscellaneous

1,550 95,180

Assets Held for Resale

95,180

Restricted Assets: Cash and Cash Equivalents/Investments

1,423,478

15,109,124

16,532,602

Receivables: Accounts, Notes and Mortgages

1,693,685 61,016,908

1,693,685 161,739,816

Total Assets

$

89,813,483

$

10,909,425

$

$

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

2,160,632 516,651 1,663,518 564,876

$

$

145,688 1,370,235

$

2,306,320 1,886,886 1,663,518 564,876 1,502,330

Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable

Internal Payables Miscellaneous

1,502,330

79,066

79,066 18,604 2,100

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

18,604 2,100

2,792,409

2,792,409 319,627

319,627

Liabilities Payable From Restricted Assets: Accounts Payable

1,208,721 5,527,147 1,244,436

1,208,721 5,527,147 1,244,436 1,423,478 20,539,518 5,073,526 872,052 127,823

Contracts/Retainage Payable Unearned Grant Revenues

Miscellaneous

1,423,478 6,669,486

Total Liabilities

13,870,032

Deferred Inflows of Resources: Property Taxes Receivable Other Accounts Receivable

4,992,001 851,014 127,823

81,525 21,038

Prepaid Taxes

Prepaid Assessments

13,402 115,965

13,402

Total Deferred Inflows of Resources

5,970,838

6,086,803

Fund Balances:

Non-Spendable: Inventories

1,003,078 197,660

1,003,078 197,660 2,386,841

Miscellaneous Prepaid Expenditures

Perpetual Maintenance Assets Held for Resale

2,386,841

95,180

95,180

Total Non-Spendable Fund Balance

1,200,738

2,482,021

3,682,759

Restricted: Stabilization by State Statute

28,002,098

214,820

33,158,399 2,754,031 4,806,451

61,375,317 2,754,031 4,806,451

Debt Covenants

Grantor Requirements - Highway Improvements

Culture and Recreation

890,923

890,923

Total Restricted Fund Balance

28,002,098

214,820

41,609,804

69,826,722

Committed:

For 911 Program

11,645

11,645

For Police Separation Allowance

6,365,576

6,365,576 865,792 1,055,049 328,533 171,605 3,032,088 11,830,288 8,056,911 9,962,591 14,426,906 32,446,408 17,327,318 135,113,495 161,739,816

For Special Tax Districts

865,792 1,055,049 328,533 171,605 3,032,088 5,464,712

For Neighborhood Development For Economic Opportunity For Cemetery Maintenance

For Debt Service

Total Committed Fund Balance

6,365,576

Assigned: Appropriated for Subsequent Year's Expenditures

6,654,740

732,014 9,962,591

670,157

For Debt Service For Capital Projects

10,149,567 16,804,307 24,800,440 77,173,159 89,813,483

4,277,339 4,947,496 (7,473,122) 47,030,911 61,016,908

Total Assigned Fund Balance

10,694,605

Unassigned

Total Fund Balances

10,909,425 10,909,425

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.