| Total
Governmental Fund Balance |
$8,593,974 |
| Amounts
Reported for Governmental Activities in the Statement of Net Assets
differs from. the amount reported on the Balance Sheet for the Governmental
Funds because: Capital assets used in governmental activities are not
financial resources and, therefore, are not reported in the funds. These
assets consist of: |
| Land
and improvements |
$615,093 |
|
| Buildings |
6,732,343 |
|
| Construction
in progress |
69,658 |
|
| Machinery,
equipment and other |
3,068,574 |
|
| Vehicles |
2,619,399 |
|
| Infrastructure |
1,168,061 |
|
| Recreational
upgrades |
316,020 |
|
| Accumulated
depreciation |
(2,568,271) |
|
| Total
capital assets |
|
12,020,877 |
Some
of the County's revenues will be collected after year-end, but are not
available soon enough to pay for the current period's expenditures. and
therefore are deferred in the funds.
|
| Property
Taxes |
277,271 |
|
| Grant |
10,000 |
|
| Total
Deferred Revenue |
|
287,271 |
Some
Liabilities are not due and payable in the current period and therefore
are not reported in the funds. Those liabilities consist of:
|
| Capital
Leases |
(1,319,051) |
|
| Compensated
Absences |
(287,905) |
|
| Total
Capital Leases and Compensated Absences |
|
(1,606,956) |
| Net
Assets of Governmental Activities |
$19,295,166 |
|
|
|
|
|
|
|