|
CITY OF ORONO
<br />`R OPERATING FUND
<br />COMi-AXATIVE BALANCE SHEET
<br />As of December 31, 1985 dna 1984
<br />1905 1984
<br />AS' PS
<br />Current Assets:
<br />Cash and investments $ 223,835 $ 159,330
<br />Accounts receivable 154,150 146,444
<br />Delinquent special assessments receivable 10,228 16,901
<br />Accrued interest receivable 6,822 5,050
<br />Due from other funds 2,443 2,443
<br />Due from otr-�r governmental units - MWCC 15,450 14,856
<br />Inventory _ 5,629 _ 5,727
<br />Total Current Assets 418,557 350,751
<br />Other Assets, Less Current Portion:
<br />Due from other funds 14,658 17,101
<br />Due from other governmental units - MWCC 456,856 _ 473,084
<br />Total Other Assets 471,514 490,185
<br />Property, Plant, and Equipment:
<br />Buildings and building improvements 31,014 31,014
<br />Equipment 40,772 17,009
<br />Distribution/collection system 5,545,006 5,545,006
<br />Total Property, Plant, and Equipment 5,G16,792 5,593,029
<br />Less: Accumulated depreciation 1,305,578 1,186,434
<br />Net Property, Plant, and Equipment 4,311,214 4,406,595
<br />Total Assets $5,201,285 $5,247,531
<br />LIABILITIES AND FUND EQUITY
<br />Current Liabilities:
<br />Accounts payable
<br />$ 2,246
<br />$ 6,427
<br />Salaries payable
<br />431
<br />2,224
<br />Due to other funds
<br />63,98H
<br />79,969
<br />Due to other governmental units
<br />448
<br />Deferred gain •- MWCC
<br />9,530
<br />9,530
<br />Total '-rent Liabilities
<br />_
<br />76,195
<br />98,598
<br />Long -Term Liabi' , Less Current Portion:
<br />Deferrer' gain X
<br />188,252
<br />197,783
<br />Total I._...)ilities
<br />264,447
<br />296,381
<br />Fund Equity:
<br />Contributed capital 4,269,037 4,363,444
<br />Retained earnings 667,801 587,706
<br />Total Fund Equity 4,936,838 4,951,150
<br />Tr,tal I.iabi li tieb and Fund Equity $5,201,285 $5,247,531
<br />- 52 -
<br />
|