5584-R1_NewGloucester_2017AnnualReport_Web

STATEMENT B (CONTINUED) STATEMENT B (CONTI UED)

STATEMENT B (CONTINUED)

TOWN OF NEW GLOUCESTER, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2017 TOWN OF NEW GLOUCEST R, M INE STATEMENT OF ACTIVI IES FOR THE YEAR ENDED JUNE 30, 2 17 TOWN OF NEW GLOUCESTER, MAINE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2017

Governmental Activities Governme tal Activiti s

Governmental Activities

Changes in net position: Net (expense) revenue Changes in net positi n: Net ( xp s ) revenue

Changes in net position: Net (expense) revenue

(8,281,455) (8,281,455)

(8,281,455)

General revenues: Taxes: Property taxes, levied for general purposes General revenues: Taxes: Property taxes, levied for general purposes Excise taxes General revenu s: Taxes: Property taxes, l vied for general purposes Excise taxes Grant and contributions not restricted to specific programs Grants and contributions not restricted to specific programs Grants and contributions not restricted to specific programs Excise taxes Miscell eous

6,831,891 1,129,611 572,556 146,898 8,680,956 6,831, 9 1,129,611 572, 56 146,898 8,680,956

6,831,891 1,129,611 572,556 146,898 8,680,956

Miscellaneous Total general revenu s Total general revenues Change in net positi n Change in net position NET POSITION - JULY 1 NET POSITION - JULY 1 NET POSITION - JUNE 30 NET POSITION - JUNE 30 Miscellaneous Total general revenues Change in net position NET POSITION - JULY 1 NET POSITION - JUNE 30

399,501 399,501

399,501

11,320,635 11,320,635 11,720,136 11,720,136

11,320,635

$

$

11,720,136

$

See accompanying independent auditors' report and notes to financial statements. 13 See accompanying independent auditors' report and notes to financial statements. 13 See accompanying i depend t auditors' report and notes to financi l st tements. 13

50

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