| CITY OF ASHLAND |
| BALANCE SHEET |
| ALL
GOVERNMENTAL FUND TYPES |
| FOR THE YEAR
ENDED JUNE 30, 2003 |
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Special |
|
Capital |
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|
General |
|
Revenue |
|
Projects |
| ASSETS |
|
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|
Fund |
|
Funds |
|
Fund |
|
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| Cash |
|
|
|
|
260,624 |
|
1,264,488 |
|
374,184 |
| Certificate of
deposit |
|
|
|
1,045,072 |
|
- |
|
- |
| Taxes
receivable |
|
|
|
2,369,061 |
|
99,996 |
|
- |
| Allowance for
uncollectible taxes |
|
|
(275,174) |
|
(9,340) |
|
- |
| Grants
receivable |
|
|
|
27,418 |
|
818,112 |
|
- |
| Due from other
funds |
|
|
|
1,547,203 |
|
632,375 |
|
- |
| Program
receivables |
|
|
|
- |
|
376,726 |
|
- |
| Allowance for
uncollectible accounts |
|
|
- |
|
(74,875) |
|
- |
| Other
receivables |
|
|
|
144,129 |
|
36,901 |
|
- |
| Inventories |
|
|
|
|
49,843 |
|
- |
|
- |
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| TOTAL ASSETS |
|
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|
5,168,176 |
|
3,144,383 |
|
374,184 |
|
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| LIABILITIES |
|
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| Accounts
payable |
|
|
|
743,351 |
|
33,889 |
|
23,144 |
| Due to board
of education |
|
|
27,016 |
|
- |
|
- |
| Due to other
funds |
|
|
|
631,064 |
|
129,027 |
|
115,224 |
| Accrued
compensated absences |
|
|
108,726 |
|
4,733 |
|
- |
| Accrued
expenses |
|
|
|
- |
|
50,201 |
|
- |
| Other accrued
liabilities |
|
|
|
203,110 |
|
- |
|
- |
| Grants payable |
|
|
|
- |
|
71,318 |
|
- |
|
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|
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| TOTAL
LIABILITIES |
|
|
|
1,713,267 |
|
289,168 |
|
138,368 |
|
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| FUND BALANCES |
|
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| Reserved for
bond retirement |
|
|
2,165,078 |
|
449,292 |
|
- |
| Reserved for
grant programs |
|
|
- |
|
2,227,732 |
|
- |
| Reserved for
inventories |
|
|
|
49,843 |
|
- |
|
- |
| Reserved for
encumbrances |
|
|
20,565 |
|
- |
|
- |
| Unreserved/Undesignated |
|
|
1,219,423 |
|
178,191 |
|
235,816 |
|
|
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|
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|
|
| TOTAL FUND
BALANCES |
|
|
|
3,454,909 |
|
2,855,215 |
|
235,816 |
|
|
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| TOTAL
LIABILITIES AND FUND BALANCES |
|
|
5,168,176 |
|
3,144,383 |
|
374,184 |
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