T O W N O F M IL T O N

TOWN OF MILTONALL FUNDSCOMBINED BALANCE SHEET AS OF JUNE 30, 2011ASSETS#001 #101-#299 #300-#399 #600-#700 #801-#890 #910GENERAL SPECIAL CAPITAL ENTERPRISE TRUSTS AND LONG-TERM TOTALSFUND REVENUE PROJECTS FUNDS AGENCY ACCOUNT GROUP ALL FUNDSCASH AND SHORT TERM INVESTMENTS 5,291,640 4,863,401 3,564,879 4,333,568 9,580,681 0 27,634,169DEPARTMENTAL RECEIVABLES 0 149,174 0 79,230 0 0 228,404INTERFUND RECEIVABLES 0 0 0 0 0 0 0DEFERRED PROPERTY TAX RECEIVABLE 140,166 0 0 0 0 0 140,166EXCISE TAX RECEIVABLE 556,651 0 0 0 0 0 556,651PERSONAL PROPERTY TAX RECEIVABLE 16,205 0 0 0 0 0 16,205REAL ESTATE TAX RECEIVABLE 1,557,390 0 0 0 0 0 1,557,390SPECIAL ASSESSMENTS RECEIVABLE 0 0 0 390,626 0 0 390,626TAX LIENS 1,335,275 0 0 0 0 0 1,335,275USER CHARGES RECEIVABLE 0 0 0 1,656,669 0 0 1,656,669UTILITY LIENS ADDED TO TAXES 0 0 0 205,045 0 0 205,045AMOUNT PROVIDED FOR BONDS 0 0 0 4,696,597 0 34,215,440 38,912,037DUE FROM FEDERAL GOVERNMENT 76,290 0 0 0 0 0 76,290OTHER ASSETS 0 0 0 0 0 0 0TAX FORECLOSURES 10,806 0 0 0 0 0 10,806TOTAL ASSETS 8,984,423 5,012,575 3,564,879 11,361,735 9,580,681 34,215,440 72,719,733LIABILITIESACCOUNTS PAYABLE 767,522 79,984 0 145,119 0 0 992,625PAYROLL PAYABLE 329,035 64,752 0 12,441 0 0 406,228INTERFUND PAYABLES 0 0 0 0 0 0 0BONDS PAYABLE 0 0 0 4,696,597 0 34,215,440 38,912,037DEFERRED REVENUES - FY 2012 REAL ESTATE TAXES 248,587 0 0 0 0 0 248,587DEFERRED REVENUES 2,583,144 149,174 0 2,331,569 0 0 5,063,887NOTES PAYABLE 0 1,600,000 1,150,000 0 0 0 2,750,000OTHER LIABILITIES 320,389 0 494 1,051 645,000 0 966,934PROVISIONS FOR ABATEMENTS AND EXEMPTIONS 1,109,639 0 0 0 0 0 1,109,639WITHHOLDINGS PAYABLE 56,668 0 0 0 0 0 56,668TOTAL LIABILITIES 5,414,984 1,893,910 1,150,494 7,186,777 645,000 34,215,440 50,506,605FUND EQUITYRESERVE FOR ENCUMBRANCES-CURRENT YR 976,162 0 0 2,323,783 0 0 3,299,945RESERVE FOR EXPENDITURES 0 0 0 0 0 0 0RESERVE FOR SPECIAL PURPOSES (FREE CASH) 0 0 0 50 0 0 50RESERVE FOR OVERLAY SURPLUS 0 0 0 0 0 0 0RESERVE FOR DEPOSITS & PETTY CASH 17,716 300 0 804,960 0 0 822,976RESERVE FOR SUBS YR BUDGET 622,468 0 0 0 0 0 622,468RESERVE FOR DEBT SERVICE 0 0 0 0 0 0 0RESERVED FOR SNOW & ICE DEFICITS 0 0 0 0 0 0 0UNRESERVED FUND BALANCE 1,953,093 3,118,365 2,414,385 1,046,165 8,935,681 0 17,467,689.TOTAL FUND EQUITY 3,569,439 3,118,665 2,414,385 4,174,958 8,935,681 0 22,213,128TOTAL LIABILITIES AND FUND EQUITY 8,984,423 5,012,575 3,564,879 11,361,735 9,580,681 34,215,440 72,719,733174