7548-R1_NewGloucester_2019-2020_AnnualReport_Web

MONTHLY ACTIVITY REPORT

June 2020 2020 Fiscal Year

Member Communities Auburn • Bowdoin • Buckfield • Lovell • Minot • Monmouth • New Gloucester • Poland Raymond • Sumner • Sweden • Wales

Cash 70,370 394,228 Accounts Payable - Operations (148,743) 55,647 Investments/Escrow 323 4,445,392 Surplus Reserve Member Payable 0 0 Accounts Receivable Net (14,735) 320,253 Interest Receivable 1,579 70,003 Accrued Expenses 168,625 442,913 Purchase Power Receivable (2,209) 32,995 Inventory - Spare Parts (471) 447,732 Prepaid Expenses (13,253) 19,587

PROPERTY, PLANT & EQUIPMENT NON-CURRENT LIABILITIES Land 0 2,705,534 Deferred Inflows - OPEB 0 27,594 Property, Plant & Equipment 0 38,689,356 OPEB Liability 0 162,808 Machinery & Equipment 0 692,944

TOTAL CURRENT ASSETS 41,603 5,730,189 TOTAL CURRENT LIABILITIES 19,882 498,560 LONG-TERM ASSETS 0 0

Furniture & Fixtures 0 48,335 TOTAL NON-CURRENT LIABILITIES 0 190,402 TOTAL P, P & E 0 42,136,168 TOTAL LIABILITIES: 19,882 688,962 Less Accumulated Depreciation (21,431) (38,142,290) FUND EQUITY: TOTAL NET P, P & E (21,431) 3,993,878 Contributed Capital 0 44,234,519 Retained Earnings 0 (34,735,064) OTHER ASSETS: Current Year Earnings 290 (445,468)

Deferred Outflows - OPEB 0 18,882 TOTAL FUND EQUITY 290 9,053,988

TOTAL ASSETS: 20,172 9,742,949 TOTAL LIABILITIES & EQUITY 20,172 9,742,949 Page 4

DESCRIPTION CHANGE CURRENT DESCRIPTION CHANGE CURRENT ASSETS: LIABILITIES:

CURRENT ASSETS: CURRENT LIABILITIES:

TABLE 4

June 30, 2020

Balance Sheet

TOTAL OTHER ASSETS 0 18,882

Maine Waste to Energy

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