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Exhibit A-3
BALANCE SHEET
Governmental Funds
June 30, 2016
OTHER
TOTAL
(1)
DEBT
GOVERNMENTAL
GOVERNMENTAL
GENERAL
SERVICE
FUNDS
FUNDS
Cash and Cash Equivalents/Investments
57,018,960
$
10,697,305
$
14,484,537
$
82,200,802
$
Receivables:
Taxes
4,992,001
81,525
5,073,526
Accounts, Notes and Mortgages
2,171,987
23,719,770
25,891,757
Assessments
21,038
21,038
Rent
1,650
1,650
Intergovernmental
21,245,856
212,120
4,457,429
25,915,405
Real Estate Foreclosed
640,678
640,678
Internal Receivables
150,910
1,351,420
1,502,330
Due from Component Unit
968,875
968,875
Inventories
1,003,078
1,003,078
Miscellaneous
197,660
1,550
199,210
Assets Held for Resale
95,180
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
1,693,685
Total Assets
89,813,483
$
10,909,425
$
61,016,908
$
161,739,816
$
Liabilities:
Accounts Payable
2,160,632
$
$
145,688
$
2,306,320
$
Contracts/Retainage Payable
516,651
1,370,235
1,886,886
Intergovernmental Payable
1,663,518
1,663,518
Customer Deposits Payable
564,876
564,876
Internal Payables
1,502,330
1,502,330
Miscellaneous
79,066
79,066
Prepaid Privilege License Fees
18,604
18,604
Prepaid Business Permit Fees
2,100
2,100
Unearned Grant Revenues
2,792,409
2,792,409
Unearned Contributions/Donations
319,627
319,627
Liabilities Payable From Restricted Assets:
Accounts Payable
1,208,721
1,208,721
Contracts/Retainage Payable
5,527,147
5,527,147
Unearned Grant Revenues
1,244,436
1,244,436
Miscellaneous
1,423,478
1,423,478
Total Liabilities
6,669,486
13,870,032
20,539,518
Deferred Inflows of Resources:
Property Taxes Receivable
4,992,001
81,525
5,073,526
Other Accounts Receivable
851,014
21,038
872,052
Prepaid Taxes
127,823
127,823
Prepaid Assessments
13,402
13,402
Total Deferred Inflows of Resources
5,970,838
115,965
6,086,803
Fund Balances:
Non-Spendable:
Inventories
1,003,078
1,003,078
Miscellaneous Prepaid Expenditures
197,660
197,660
Perpetual Maintenance
2,386,841
2,386,841
Assets Held for Resale
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
61,375,317
Debt Covenants
2,754,031
2,754,031
Grantor Requirements - Highway Improvements
4,806,451
4,806,451
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
For Special Tax Districts
865,792
865,792
For Neighborhood Development
1,055,049
1,055,049
For Economic Opportunity
328,533
328,533
For Cemetery Maintenance
171,605
171,605
For Debt Service
3,032,088
3,032,088
Total Committed Fund Balance
6,365,576
5,464,712
11,830,288
Assigned:
Appropriated for Subsequent Year's Expenditures
6,654,740
732,014
670,157
8,056,911
For Debt Service
9,962,591
9,962,591
For Capital Projects
10,149,567
4,277,339
14,426,906
Total Assigned Fund Balance
16,804,307
10,694,605
4,947,496
32,446,408
Unassigned
24,800,440
(7,473,122)
17,327,318
Total Fund Balances
77,173,159
10,909,425
47,030,911
135,113,495
Total Liabilities, Deferred Inflows of Resources and Fund Balances
89,813,483
$
10,909,425
$
61,016,908
$
161,739,816
$
(1) After internal receivables and payables have been eliminated.
ASSETS
LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND FUND BALANCES
The notes to the financial statements are an integral part of this statement.