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CITY OF ORONO
<br />WATER OPERATING FUND
<br />COMPARATIVE BALANCE SHEET
<br />As of December 31, 1985 and 1984
<br />1985 1984
<br />ASSETS
<br />Current Assets:
<br />Cash and investments $ 24,359 $ 13,416
<br />Accounts receivable 1,761
<br />Accrued interest receivable 262 165
<br />Due from other funds 1,046
<br />' Inventory 7,374 7,432
<br />Total Current Assets :4,802 21,C13
<br />Property, Plant, and Equipment:
<br />Land and land improvements 25,132 25,132
<br />Buildings and building imprc ements 77,6y4 77,694
<br />Equipment 32,415 29,920
<br />Distribution/collection system 1,559,248 1,559,248
<br />Total Property, Plant, and Equipment 1,694,489 1,691,994
<br />Less: Accumulated depreciation 457,082 420,012
<br />Net Property, Plant, and Equipment 1,237,407 1,271,982
<br />Total Assets $1,272,209 $1,292,995
<br />LIABILITIES AND FUND EQUITY
<br />Current Liabilities:
<br />Accounts payable $ 3,599 $ 2,358
<br />Salaries payable 392 1,655
<br />• Due to other funds 2,443 3,489
<br />Due to other governmental units 7,496 7,854
<br />Total Current Liabilities 3,930 15,356
<br />Long -Term Liabilities, Less Current Portion:
<br />Due to other funds
<br />Total Liabilities
<br />Fund Equity:
<br />Contributed capital
<br />Retained earnings
<br />Total Fund Equity
<br />Total Liabilities and Fund Equity
<br />14,658 17,101
<br />28,588 32,457
<br />1,195,442
<br />1,229,682
<br />48,179
<br />30,856
<br />_
<br />1,243,621
<br />1,260,538
<br />$1,272,209
<br />$1,292,995
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