| ASSETS | REFERENCE | 2014 | 2013 |
|---|---|---|---|
| Cash & Cash Equivalents | C-2 | $ 4,935,299 | $ 3,867,877 |
| Investment in Bond Anticipation Note | A | 902,713 | 1,524,000 |
| State Grants Receivable | C-4, C-5 | - | 1,052,865 |
| 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 | 24,476,000 | 22,492,000 |
| Unfunded | C-9 | 3,971,730 | 7,376,578 |
| Total Assets | $ 34,286,137 | $ 36,694,339 | |
| LIABILITIES, RESERVES & FUND BALANCE | |||
| General Serial Bond | C-10 | $ 24,476,000 | $ 22,492,000 |
| Bond Anticipation Notes | C-17 | 1,891,241 | 5,485,337 |
| Improvement Authorizations: | |||
| Funded | C-11 | 1,984,726 | 1,560,220 |
| Unfunded | C-11 | 3,541,579 | 3,236,671 |
| Reserve for Encumbrances | C-12 | 356,676 | 1,608,852 |
| Capital Improvement Fund | C-13 | 30 | 4,038 |
| Reserve for Debt Service - Open Space Bonds | C-14 | 1,853,771 | 1,853,771 |
| Reserve for Debt Service - Other | C-15 | 171,426 | 57,762 |
| Reserve for Fire Damage - Annex Building | C-16 | 10,589 | 10,589 |
| Reserve for DOT Receivable - Brewers Bridge | C | - | 325,000 |
| Fund Balance | C-1 | 99 | 60,099 |
| Total Liabilities, Reserves & Fund Balance | $ 34,286,137 | $ 36,694,339 |
There were bonds and notes authorized but not issued on December 31, 2014 of $2,080,152 and on December 31, 2013 there was $1,891,241.
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