2009 Annual Report.pdf - Town of Milton

TOWN OF: MILTON ENTERPRISE FUNDS
COMBINED BALANCE SHEET AS OF JUNE 30, 2009
ASSETS
SEWER SEWER TOTAL WATER WATER TOTAL TOTAL
OPERATIONS CAP PROJ SEWER OPERATIONS CAP PROJ WATER CAP PROJ CAP PROJ CAP PROJ TOTALS
CASH AND SHORT TERM INVESTMENTS 653,023.00 0.00 653,023.00 1,127,820.00 0.00 1,127,820.00 0.00 0.00 0.00 1,780,843.00
SPECIAL ASSESSMENTS RECEIVABLE 611,883.00 0.00 611,883.00 28,902.00 0.00 28,902.00 0.00 0.00 0.00 640,785.00
DEPARTMENTAL RECEIVABLES 0.00 0.00 0.00 58,593.00 0.00 58,593.00 0.00 0.00 0.00 58,593.00
USER CHARGES RECEIVABLE 1,392,837.00 0.00 1,392,837.00 714,386.00 0.00 714,386.00 0.00 0.00 0.00 2,107,223.00
UTILITY LIENS ADDED TO TAXES 61,265.00 0.00 61,265.00 42,722.00 0.00 42,722.00 0.00 0.00 0.00 103,987.00
AMOUNT PROVIDED FOR BONDS PAYABLE 1,371,199.00 0.00 1,371,199.00 3,922,816.00 0.00 3,922,816.00 0.00 0.00 0.00 5,294,015.00
CONSTRUCTION IN PROGRESS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL ASSETS 4,090,207.00 0.00 4,090,207.00 5,895,239.00 0.00 5,895,239.00 0.00 0.00 0.00 9,985,446.00
LIABILITIES
ACCOUNTS PAYABLE 2,070.00 0.00 2,070.00 16,642.00 0.00 16,642.00 0.00 0.00 0.00 18,712.00
ACCRUED EXPENSES 8,585.00 0.00 8,585.00 53,793.00 0.00 53,793.00 0.00 0.00 0.00 62,378.00
INTERFUND PAYABLES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BONDS PAYABLE 1,371,199.00 0.00 1,371,199.00 3,922,816.00 0.00 3,922,816.00 0.00 0.00 0.00 5,294,015.00
DEFERRED REVENUES 2,065,985.00 0.00 2,065,985.00 844,603.00 0.00 844,603.00 0.00 0.00 0.00 2,910,588.00
NOTES PAYABLE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
OTHER LIABILITIES 0.00 0.00 0.00 1,051.00 0.00 1,051.00 0.00 0.00 0.00 1,051.00
TOTAL LIABILITIES 3,447,839.00 0.00 3,447,839.00 4,838,905.00 0.00 4,838,905.00 0.00 0.00 0.00 8,286,744.00
FUND EQUITY
RESERVE FOR ENCUMBRANCES 103,915.00 0.00 103,915.00 815,031.00 0.00 815,031.00 0.00 0.00 0.00 918,946.00
RESERVE FOR EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
RESERVE FOR PETTY CASH 0.00 0.00 0.00 50.00 0.00 50.00 0.00 0.00 0.00 50.00
RESERVE FOR DEPOSITS 538,453.00 0.00 538,453.00 241,253.00 0.00 241,253.00 0.00 0.00 0.00 779,706.00
UNRESERVED FUND BALANCE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0.00 0.00
TOTAL FUND EQUITY 642,368.00 0.00 642,368.00 1,056,334.00 0.00 1,056,334.00 0.00 0.00 0.00 1,698,702.00
TOTAL LIABILITIES AND FUND EQUITY 4,090,207.00 0.00 4,090,207.00 5,895,239.00 0.00 5,895,239.00 0.00 0.00 0.00 9,985,446.00
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