| ASSETS | REFERENCE | 2013 | 2012 |
|---|---|---|---|
| Cash & Cash Equivalents | C-2 | $ 3,867,877 | $ 5,121,576 |
| Investment in Bond Anticipation Note | A | 1,524,000 | 1,905,000 |
| State Grants Receivable | C-4, C-5 | 1,052,865 | 1,639,111 |
| Due From Current Fund | C-6 | 380,624 | |
| MUA Shared Services Agreement Receivable | C-7 | 395 | 395 |
| Deferred Charges to Future Taxation: | |||
| Funded | C-8 | 22,492,000 | 25,877,000 |
| Unfunded | C-9 | 7,376,578 | 5,485,337 |
| Total Assets | $ 36,694,339 | $ 40,028,419 | |
| LIABILITIES, RESERVES & FUND BALANCE | |||
| General Serial Bond | C-10 | $ 22,492,000 | $ 25,877,000 |
| Bond Anticipation Notes | C-17 | 5,485,337 | 5,485,337 |
| Improvement Authorizations: | |||
| Funded | C-11 | 1,560,220 | 1,875,743 |
| Unfunded | C-11 | 3,236,671 | 3,641,119 |
| Reserve for Encumbrances | C-12 | 1,608,852 | 818,812 |
| Capital Improvement Fund | C-13 | 4,038 | 53,577 |
| Reserve for Debt Service - Open Space Bonds | C-14 | 1,853,771 | 1,853,771 |
| Reserve for Debt Service - Other | C-15 | 57,762 | 27,372 |
| Reserve for Fire Damage - Annex Building | C-16 | 10,589 | 10,589 |
| Reserve for DOT Receivable - Brewers Bridge | 325,000 | 325,000 | |
| Fund Balance | C-1 | 60,099 | 60,099 |
| Total Liabilities, Reserves & Fund Balance | $ 36,694,339 | $ 40,028,419 |
There were bonds and notes authorized but not issued on December 31, 2013 of $1,891,241. (Exhibit C-18)
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