Comprehensive Annual Financial Report - Cobb County

Cobb County, Georgia
Nonmajor Business-Type Enterprise Funds
Combining Balance Sheet
September 30, 2007
Mable House
Cobblestone Public
Barnes
Golf Course Transit System Amphitheatre
Fund
Fund
Fund
Totals
Liabilities and Fund Equity
Liabilities:
Current liabilities (payable from current assets):
Accounts payable $ 74,382 $ 1,508,576 $ - $ 1,582,958
Accrued payroll - 6,433 - 6,433
Due to other funds - 100,000 - 100,000
Due to other governments and agencies 11,399 - - 11,399
Accrued interest payable 42,589 - - 42,589
Deferred revenues 31,673 - - 31,673
Current portion of revenue bonds 430,000 - - 430,000
Current portion of compensated absences - 11,541 - 11,541
Current portion of capital lease payable 37,026 - - 37,026
Total current liabilities $ 627,069 $ 1,626,550 $ - $ 2,253,619
Long-term liabilities:
Revenue bonds (net of current portion,
bond discount, and loss on refunding) $ 2,787,014 $ - $ - $ 2,787,014
Advances from other funds 1,200,000 - - 1,200,000
Capital lease payable (net of current portion) 71,743 - - 71,743
Total long-term liabilities $ 4,058,757 $ - $ - $ 4,058,757
Total liabilities $ 4,685,826 $ 1,626,550 $ - $ 6,312,376
Net Assets:
Invested in capital assets, net of related debt $ 3,234,105 $ 40,557,288 $ - $ 43,791,393
Unrestricted (725,462) 1,994,897 - 1,269,435
Total net assets $ 2,508,643 $ 42,552,185 $ - $ 45,060,828
Continued from preceding page.
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