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TABLE 1
TOWN OF BUXTON, MAINE
NET POSITION
JUNE 30, 2015 AND 2014
2014
2015
(Restated)
Assets:
Current and Other Assets
3,735,816
$
3,657,963
$
Capital Assets
5,785,854
5,931,369
Total Assets
9,521,670
9,589,332
Liabilities:
Current Liabilities
292,619
322,343
Long-Term Debt Outstanding
1,299,428
1,266,763
Total Liabilities
1,592,047
1,589,106
Deferred Inflows of Resources:
Prepaid Taxes
24,694
16,760
Total Deferred Inflows of Resources
24,694
16,760
Net Position:
Net Investment in Capital Assets
4,370,950
4,598,919
Restricted: Special Revenue fund
27,420
45,990
Permanent funds
111,731
111,821
Unrestricted
3,394,828
3,226,736
Total Net Position
7,904,929
$
7,983,466
$