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07-26-1999 Council Packet
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07-26-1999 Council Packet
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*W|Hl <br />I <br />I <br />I <br />I <br />r <br />r <br />r <br />I <br />I <br />[ <br />L <br />I <br />1 <br />i <br />I -84- <br />Exhibit F-7 <br />1998 1997 <br />Liabilities and Fund Equity <br />Current liabilities <br />Accounts payable S 48,348 $ 15,344 <br />Salaries and compensated absences payable 1,889 2,063 <br />Accrued interest payable 9,048 10,959 <br />Due to other governments 3,500 39,476 <br />Revenue bonds payable 161,700 123,525 <br />Total current liabilities 224,485 191,367 <br />Long-term liabilities, less current portion <br />Compensated absences payable 8,559 8,365 <br />Due to other governments 35,000 49,000 <br />Revenue bonds payable 366,986 521,275 <br />Note payable 15,000 — <br />Deferred credits - MCES 73,888 83,418 <br />Total long-term liabilities 499,433 662,058 <br />Total liabilities 723,918 853,425 <br />Fund equity <br />Contributed capital 5,202,368 5,303,212 <br />Retained earnings <br />Unreserved 2,273,696 1,967,525 <br />Total fund equity 7,476,064 7,270,737 <br />Total liabilities and fund equity S 8.199.982 S 8.124.162 <br />1
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