|
City of Paris
<br />Balance Sheet - Governmental Funds
<br />September 30, 2011
<br />Debt
<br />General
<br />Service Capital Projects
<br />ASSETS
<br />Cash and Cash Equivalents
<br />$ 6,671,715
<br />$ 2,082,006 $ 1,029,232
<br />Investments
<br />4,093,496
<br />- -
<br />Receivables (Net of
<br />Allowance for
<br />Uncollectibles)
<br />2,161,664
<br />94,813 -
<br />Notes Receivable
<br />4,557
<br />- -
<br />Due from Other Funds
<br />-
<br />620,765 -
<br />Inventories
<br />199,519
<br />- -
<br />Due from Other Governments
<br />188,992
<br />- -
<br />Other
<br />Governmental
<br />Funds
<br />Statement 3
<br />Total
<br />Governmental
<br />Funds
<br />$ 579,634 $ 10,362,587
<br />88,213 4,181,709
<br />55,900 2,312,377
<br />- 4,557
<br />56,204 676,969
<br />- 199,519
<br />326,841 515,833
<br />Total Assets
<br />$ 13,319,943
<br />$ 2,797,584
<br />$ 1,029,232
<br />$ 1,106,792
<br />$ 18,253,551
<br />LIABILITIES AND FUND BALANCES
<br />Liabilities:
<br />Accounts Payable
<br />$ 255,579
<br />$ -
<br />$ 309,117
<br />$ 75,577
<br />$ 640,273
<br />Due to Other Funds
<br />56,204
<br />-
<br />-
<br />-
<br />56,204
<br />Deferred Revenue
<br />652,472
<br />91,312
<br />-
<br />53,340
<br />797,124
<br />Total Liabilities
<br />964,255
<br />91,312
<br />309,117
<br />128,917
<br />1,493,601
<br />Fund Balances:
<br />Nonspendable:
<br />Inventory
<br />199,519
<br />-
<br />-
<br />-
<br />199,519
<br />Permanent Fund Principal
<br />-
<br />-
<br />-
<br />88,520
<br />88,520
<br />Restricted For:
<br />Debt Service
<br />-
<br />2,706,272
<br />720,115
<br />-
<br />3,426,387
<br />Notes
<br />-
<br />-
<br />-
<br />95,900
<br />95,900
<br />Law Enforcement
<br />-
<br />-
<br />-
<br />132,367
<br />132,367
<br />Health
<br />-
<br />-
<br />-
<br />215,389
<br />215,389
<br />Assigned:
<br />Library
<br />-
<br />-
<br />-
<br />123,249
<br />123,249
<br />Community Development
<br />-
<br />-
<br />-
<br />322,450
<br />322,450
<br />Unassigned: General Fund
<br />12,156,169
<br />-
<br />-
<br />-
<br />12,156,169
<br />Total Fund Balances
<br />12,355,688
<br />2,706,272
<br />720,115
<br />977,875
<br />16,759,950
<br />Total Liabilities and
<br />Fund Balances
<br />$ 13,319,943
<br />$ 2,797,584
<br />$ 1,029,232
<br />$ 1,106,792
<br />Amounts 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) 37,145,779
<br />Other long-term assets are not available to pay for current-period expenditures and, therefore,
<br />are deferred or not reflected in the funds. 929,335
<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. (12,763,980)
<br />Net assets of governmental activities $ 42,071,084
<br />The accompanying notes to the financial statements are an integral part of this statement.
<br />16
<br />
|