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CITY OF ASHLAND |
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BALANCE SHEET |
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ALL GOVERNMENTAL FUND TYPES |
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FOR THE YEAR ENDED JUNE 30, 2004 |
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Special |
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Capital |
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General |
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Revenue |
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Projects |
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ASSETS |
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Fund |
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Funds |
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Fund |
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Cash |
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591,415 |
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543,914 |
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70,108 |
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Certificate of deposit |
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2,167,546 |
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- |
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- |
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Taxes receivable |
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2,664,756 |
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105,991 |
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- |
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Allowance for uncollectible taxes |
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(268,165) |
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(8,634) |
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- |
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Grants receivable |
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27,872 |
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575,110 |
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- |
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Due from other funds |
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809,965 |
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687,843 |
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- |
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Program receivables |
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- |
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254,777 |
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- |
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Allowance for uncollectible accounts |
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- |
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(27,685) |
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- |
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Other receivables |
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154,446 |
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37,118 |
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101,607 |
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Allowance for uncollectible accounts |
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- |
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(35,383) |
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- |
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Inventories |
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55,996 |
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- |
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- |
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TOTAL ASSETS |
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6,203,831 |
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2,133,051 |
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171,715 |
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LIABILITIES |
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Accounts payable |
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588,872 |
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47,666 |
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24,319 |
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Due to board of education |
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31,921 |
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- |
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- |
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Due to other funds |
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1,104,404 |
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195,757 |
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27,396 |
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Accrued compensated absences |
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107,402 |
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4,524 |
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- |
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Accrued expenses |
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- |
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9,669 |
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- |
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Other accrued liabilities |
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226,738 |
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- |
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- |
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TOTAL LIABILITIES |
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2,059,337 |
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257,616 |
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51,715 |
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FUND BALANCES |
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Reserved for bond retirement |
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2,165,078 |
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- |
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- |
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Reserved for grant programs |
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- |
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1,587,609 |
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- |
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Reserved for inventories |
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55,996 |
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- |
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- |
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Unreserved/Undesignated |
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1,923,420 |
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287,826 |
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120,000 |
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TOTAL FUND BALANCES |
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4,144,494 |
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1,875,435 |
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120,000 |
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TOTAL LIABILITIES AND FUND BALANCES |
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6,203,831 |
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2,133,051 |
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