STATEMENT OF NET POSITION JUNE 30, 2015
Governmental
Activities
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ASSETS AND DEFERRED OUTFLOWS OF RESOURCES
Assets:
Cash and cash equivalents $ 4,093,687
Investments 1,419
Taxes receivable, net of allowance for uncollectible taxes 228,342
Deposit with Retirement Board 20,672
Food service receivable 183,261
Other receivables 469,699
Prepaid Workers’ Compensation 60,532
Prepaid Expenses 79,253
Due from other governments:
PEIA allocation receivable 453,962
Reimbursements receivable 562,040
Capital Assets:
Land 1,322,173
Buildings and improvements 40,963,007
Furniture and equipment 4,191,719
Vehicles 6,086,147
Construction in process
Less accumulated depreciation (19,415,946)
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Total capital assets, net of depreciation 33,147,100
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Total assets 39,454,745
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Deferred outflows of resources: –
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Total deferred outflows of resources –
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Total assets and deferred outflows of resources $ 39,454,745
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LIABILITIES, DEFERRED OUTFLOWS OF RESOURCES, AND NET POSITION
Liabilities:
Salaries payable and related payroll liabilities $ 3,034,482
PEIA premiums payable 463,923
Accounts payable 612,436
Other post employment benefit payable 1,142,314
Accrued Food Service Collections 3,204
Long-term obligations:
Due within one year:
Bonds, capital leases, and contracts 154,794
Accrued interest 3,919
Due beyond one year:
Bonds, capital leases, and contracts 312,610
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Total liabilities $ 5,727,682
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Deferred inflows of resources: –
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Total deferred inflows of resources –
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Total liabilities and deferred inflows of resources $ 5,727,682
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Net Position:
Net Investment in Capital Assets $ 32,679,696
Restricted for:
Debt service 1,391
Special projects 529,264
Capital projects –
Unrestricted 516,712
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Total net position $ 33,727,063
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The notes to the financial statments are an integral part of this statement, however, to conserve space, they are not included in the publication but are available for review at the board office.