|
City of Paris _ Statement 3
<br />Balance Sheet -Governmental Funds
<br />September 30, 2007
<br /> Other Total
<br /> Debt Capital Governmental Governmental
<br /> General Service Projects Funds Funds
<br />ASSETS
<br />Cash and Cash Equivalents $ 5,689,259 $ 730,869 $ 684,789 $ 638,818 $ 7,743,735
<br />Investments 4,413,383 - 131,738 4,545,121
<br />Receivables (Net of
<br />Allowance for
<br />Uncollectibles) 2,069,266 64,324 - 44,557 2,178,147
<br />Notes Receivable 43,951 43,951
<br />Due from Other Funds 15,527 15,527
<br />Inventories 202,440 - - - 202,440
<br />Due from Other
<br />Governments 69,858 - 15,404 217,630 302,892
<br />
<br />Total Assets $ 12,459,733 $ 795,193 $ 700,193 $ 1,076,694 $ 15,031,813
<br />
<br />LIABILITIES AND FUND BALANCES
<br />Liabilities:
<br />Accounts Payable $ 67,562 $ - $ 40,430 $ 12,175 $ 120,167
<br />Due to Other Funds - - - 15,527 15,527
<br />Deferred Revenue 608,595 58,324 - - 666,919
<br />Total Liabilities 676,157 58,324 40,430 27,702 802,613
<br />
<br />Fund Balances:
<br />Reserved for:
<br />Construction - - 659,763 - 659,763
<br />Debt Service - 736,869 - - 736,869
<br />Notes - - - 43,951 43,951
<br />Inventories 202,440 - - - 202,440
<br />Unreserved, Reported in:
<br />General Fund 11,581,136 - - - 11,581,136
<br />Special Revenue Funds - - - 924,573 924,573
<br />Permanent Funds - - - 80,468 80,468
<br />Total Fund Balances 11,783,576 736,869 659,763 1,048,992 14,229,200
<br />
<br />Total Liabilities and
<br />Fund Balances $ 12,459,733 $ 795,193 $ 700,193 $ 1,076,694
<br />Amount reported for governmental activities in the statement of net assets are different because:
<br />Capital assets used in governmental activities are not financial resources and, therefore,
<br />are not reported in the funds. (Net of Accumulated Depreciation) 40,619,381
<br />Other long-term assets are not available to pay for current-period expenditures and, therefore,
<br />are deferred in the funds. 666,919
<br />Long-term liabilities, including bonds payable, are not-due and payable in the current period and,
<br />therefore, are not reported in the funds. (13,518,482)
<br />Net assets of governmental activities $ 41,997,018
<br />The accompanying notes to the financial statements are an integral part of this statement.
<br />15
<br />
|