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45

TABLE 1

TOWN OF BUXTON, MAINE

NET POSITION

JUNE 30, 2014 AND 2013

2014

2013

Assets:

Current and Other Assets

3,738,009

$

3,570,191

$

Capital Assets

5,931,369

5,998,371

Total Assets

9,669,378

9,568,562

Liabilities:

Current Liabilities

322,343

339,045

Long-Term Debt Outstanding

1,266,763

1,316,156

Total Liabilities

1,589,106

1,655,201

Deferred Inflows of Resources:

Prepaid Taxes

16,760

10,112

Total Deferred Inflows of Resources

16,760

10,112

Net Position:

Net Investment in Capital Assets

4,598,919

4,610,709

Restricted: Special Revenue fund

45,990

66,194

Permanent funds

111,821

166,870

Unrestricted

3,306,782

3,059,476

Total Net Position

8,063,512

$

7,903,249

$