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STATEMENT C
TOWN OF BUXTON, MAINE
BALANCE SHEET - GOVERNMENTAL FUNDS
JUNE 30, 2015
See accompanying independent auditors’ report and notes to financial statements.
Total
General Nonmajor Governmental
Fund Funds Funds
ASSETS
Cash and cash equivalents 2,763,731 $ 212,853 $ 2,976,584 $
Investments - 162,430 162,430
Accounts receivable (net of allowance for uncollectibles):
Taxes 321,210 - 321,210
Liens 163,530 - 163,530
Other 101,783 5,814 107,597
Prepaid expenses 4,465 - 4,465
Due from other funds 314,719 564,359 879,078
TOTAL ASSETS 3,669,438 $ 945,456 $ 4,614,894 $
LIABILITIES
Accounts payable 113,549 $ - $ 113,549 $
Accrued payroll 5,588 - 5,588
Accrued expense 239 - 239
Due to other funds 564,359 314,719 879,078
TOTAL LIABILITIES 683,735 314,719 998,454
DEFERRED INFLOWS OF RESOURCES
Prepaid taxes 24,694 - 24,694
Deferred tax revenues 332,069 - 332,069
TOTAL DEFERRED INFLOWS OF RESOURCES 356,763 - 356,763
FUND BALANCES
Nonspendable - 55,100 55,100
Restricted - 139,151 139,151
Committed - 185,737 185,737
Assigned 168,264 250,749 419,013
Unassigned 2,460,676 - 2,460,676
TOTAL FUND BALANCES 2,628,940 630,737 3,259,677
TOTAL LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND FUND BALANCES 3,669,438 $ 945,456 $ 4,614,894 $
STATEMENT C
TOWN OF BUXTON, MAINE
BALANCE SHEET - GOVERN ENTAL FUNDS
JUNE 30, 2015
See accompanying independent auditors’ r rt and notes to financial statements.
Total
General Nonmajor Governmental
Fund Funds Funds
ASSETS
Cash and cash equivalents 2,763,731 $ 212,853 $ 2,976,584 $
Investments - 162,430 162,430
Accounts receivable (net of allowance for uncollectibles):
Taxes 321,210 - 321,210
Liens 163,530 - 163,530
Other 101,783 5,814 107,597
Prepaid expenses 4,465 - 4,465
Due from other funds 314,719 564,359 879,078
TOTAL ASSETS 3,669,438 $ 945,456 $ 4,614,894 $
LIABILITIES
Accounts payable 113,549 $ - $ 113,549 $
Accrued payroll 5,588 - 5,588
Accrued expense 239 - 239
Due to other funds 564,359 314,719 879,078
TOTAL LIABILITIES 683,735 314,719 998,454
DEFERRED INFLOWS OF RESOURCES
Prepaid taxes 24,694 - 24,694
Def rred t revenues 332,069 - 332,069
TOTAL DEFERRED INFLOWS OF RESOURCES 56,763 - 356,763
FUND BALANCES
Nonspendable - 55,100 55,100
Restrict d - 139,151 139,151
Committed - 185,737 185,737
Assigned 168,264 250,749 419,013
Unassigned 2,460,676 - 2,460,676
TOTAL FUND BALANCES 2,628,940 630,737 3,259,677
TOTAL LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND FUND BALANCES 3,669,438 $ 945,456 $ 4,614,894 $