Comprehensive Annual Financial Report - Harford County Public ...
Comprehensive Annual Financial Report - Harford County Public ...
Comprehensive Annual Financial Report - Harford County Public ...
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<strong>Harford</strong> <strong>County</strong> <strong>Public</strong> Schools<br />
Exhibit 3<br />
BALANCE SHEET<br />
GOVERNMENTAL FUNDS<br />
JUNE 30, 2012<br />
Food<br />
School<br />
Current Services Construction Total<br />
Expense (Special (Capital Governmental<br />
(General) Revenue) Projects) Funds<br />
ASSETS<br />
Cash and cash equivalents $ 6,799,610 $ 4,209,148 $ - $ 11,008,758<br />
Investments 20,126,776 - - 20,126,776<br />
Due from other units of government 2,585,565 271,696 5,248,138 8,105,399<br />
Other receivables 7,533,812 - 44,412 7,578,224<br />
Due from other funds 2,085,752 - 7,207,539 9,293,291<br />
Inventory 403,773 440,737 - 844,510<br />
Total assets $ 39,535,288 $ 4,921,581 $ 12,500,089 $ 56,956,958<br />
LIABILITIES<br />
Accounts payable $ 2,824,695 $ 80,929 $ 2,979,668 $ 5,885,292<br />
Accrued salaries and wages 1,588,625 - - 1,588,625<br />
Payroll taxes payable 420,045 - - 420,045<br />
Due to other funds 7,207,539 2,085,752 - 9,293,291<br />
Unearned revenue 74,418 - 441,151 515,569<br />
Compensated absences payable 1,623,479 - - 1,623,479<br />
Total liabilities 13,738,801 2,166,681 3,420,819 19,326,301<br />
FUND BALANCES<br />
Nonspendable - 236,627 - 236,627<br />
Assigned 12,627,699 2,518,273 13,770,718 28,916,690<br />
Unassigned 13,168,788 - (4,691,448) 8,477,340<br />
Total fund balances 25,796,487 2,754,900 9,079,270 37,630,657<br />
Total liabilities and fund balances $ 39,535,288 $ 4,921,581 $ 12,500,089 $ 56,956,958<br />
The accompanying notes are an integral part of this financial statement.<br />
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