AGENDA ITEM NO. 11A
Sarasota Manatee Airport Authority Balance Sheet August 31, 2021
Assets
Assets
Current Assets
Cash & Investments$38,476,406
Accounts Receivable1,273,292
Grants Receivable330,405
Inventory330,318
Prepaid Insurance394,243
Prepaid Expense & Other Assets167,165
Total Current Assets40,971,830
Non-Current Assets
Customer Facility Funds7,419,317
Passenger Facility Funds2,980,057
Airport Facilities & Equipment329,820,652
Accumulated Depreciation(194,612,605)
Intangible Assets, net162,826
Construction in Progress30,692,907
Total Non-Current Assets176,463,153
Total Assets$217,434,983
Deferred Outflow of Resources - Pension1,494,686
Liabilities and Net Position
Current Unrestricted Liabilities
Accounts Payable616,028
Unearned Income36,899
Accrued Expenses & Other Liabilities1,022,220
Total Unrestricted Liabilities1,675,147
Non-Current Liabilities
Net Pension Liabilities5,809,631
Total Non-Current Liabilities5,809,631
Total Liabilities7,484,778
Net Position
Net Assets189,129,806
Current Profit Account22,315,085
Total Net Position211,444,891