Comprehensive Annual Financial Report (CAFR) - Johnson City

CITY OF JOHNSON CITY, TENNESSEESTATEMENT OF NET ASSETSPROPRIETARY FUNDSJune 30, 2011Business-Type Activities -Enterprise FundsGovernmentalJohnson City Nonmajor Activities-Water City Solid Johnson City Public Building Proprietary Internaland Sewer Waste Power Board Authority Funds Total. Service FundsNoncurrent Liabilities:Compensated Absences Payable 88,763 18,758 2,067,497 29,835 2,204,853 12,771OPEB Liability 1,633,185 1,633,185Advances from Other Funds 295,000 295,000Notes and Bonds Payable 69,455,835 2,142,010 51,775,000 12,465,000 945,000 136,782,845Plus: Bond Premiums and Discounts (Net) 319,215 52,816 67,637 25,793 465,461Less: Deferred Debt Refunding (632,875) (38,572) (464,814) (36, 107) (1, 172,368)Special Commission Bonds 11,756 11,756Deferred Landfill Postclosure Cost 448,560 448,560Customer Deposits 975 975w Total Non-Current Liabilities 69,230,938 2,624,547 55,543,319 12,320,979 950,484 140,670,267 12,771Total Liabilities 77,955,331 3,567,857 75,791,811 13,957,379 3,779,331 175,051,709 4,501,488NET ASSETS:Invested in Capital Assets, Net ofRelated Debt 82,969,314 3,108,419 122,138,095 2,395,828 8,651,497 219,263,153 175,677Unrestricted 6,677,888 2,156,082 30,088,798 655,477 2,079,477 41,657,722 8,362,919Total Net Assets $ 89,647,202 5,264,501 152,226,893 3,051,305 10,730,974 260,920,875 8,538,596The notes to the financial statements are an integral part of this statement.