2024 Annual Comprehensive Report

-7 Exhibit A-3 Page 1 of 2

BALANCE SHEET Governmental Funds June 30, 2024

DEBT

ASSETS

GENERAL

SERVICE

Cash and Cash Equivalents/Investments

$

93,688,435

$

28,802,662

Receivables: Taxes

3,612,144 6,522,187

Accounts, Notes and Mortgages Returned Checks Receivable

23,292

Rent Intergovernmental

33,140,996 1,119,531 1,910,476 1,831,357 556,232 72,295

196,860

Real Estate Foreclosed Interest Receivable - Lease

Due from Component Unit

Inventories

Prepaid Assets

Assets Held for Resale Lease Receivable Restricted Assets:

9,542,595

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

1,806,715

$

153,826,255

$

28,999,522

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

5,983,496 897,833 5,977,419 1,014,529

$

1,715

Contracts/Retainage Payable Intergovernmental Payable Customer Deposits Payable

Miscellaneous Prepaid Privilege License Fees/Permits

16,277

Prepaid Assessments Prepaid Taxes

31,034

Unearned Grant Revenues Unearned Revenues Unearned Contributions/Donations

306,151

Liabilities Payable From Restricted Assets: Contracts/Retainage Payable Miscellaneous

1,806,715 16,033,454

Total Liabilities

1,715

Deferred Inflows of Resources: Unavailable Grant Revenue Unavailable Property Taxes

3,612,144

Unavailable Notes and Mortgages Leases Unavailable Housing Code Revenues

9,274,314 1,290,229 14,176,687

Total Deferred Inflows of Resources

Fund Balances:

Non-Spendable: Inventories

1,831,357 579,524 268,281

Miscellaneous Prepaid Expenditures

Leases

Perpetual Maintenance

Total Non-Spendable Fund Balance

2,679,162

Restricted:

Stabilization by State Statute

55,398,792

206,959

Debt Covenants Grantor Requirements - Highway Improvements Total Restricted Fund Balance

55,398,792

206,959

Committed:

For 911 Program For Public Safety

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

8,402,512

For Debt Service

28,790,848

Assigned For ARPA-Enabled Projects

1,257,856 17,907,101 27,567,469 37,970,691 123,616,114 153,826,255

For Capital Projects

For Neighborhood Development

Total Assigned Fund Balance

28,790,848

Unassigned

Total Fund Balances

28,997,807 28,999,522

The notes to the financial statements are an integral part of this statement. Total Liabilities, Deferred Inflows of Resources and Fund Balances

$

$