4072-R2_ML&P_TownOfBuxton_Web

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 Total Assets

5,785,854 9,521,670

5,931,369 9,589,332

Liabilities:

Current Liabilities

292,619 1,299,428 1,592,047

322,343 1,266,763 1,589,106

Long-Term Debt Outstanding

Total Liabilities

Deferred Inflows of Resources:

Prepaid Taxes

24,694 24,694

16,760 16,760

Total Deferred Inflows of Resources

Net Position:

Net Investment in Capital Assets Restricted: Special Revenue fund

4,370,950 27,420 111,731 3,394,828

4,598,919 45,990 111,821 3,226,736

Permanent funds

Unrestricted

Total Net Position

7,904,929 $

7,983,466 $

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