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| Business-Type Activity | Governmental Activities | |
|---|---|---|
| Adams County | Internal Service | |
| IDA | Fund | |
| ASSETS | ||
| Current Assets: | ||
| Cash and Cash Equivalents | $ 82,064 | $ 281,254 |
| Accounts Receivable | 16,210 | 211,967 |
| Notes Receivable | 1,481 | - |
| Other Assets | 4,011 | - |
| Total current assets | 103,766 | 493,221 |
| Capital Assets: | ||
| Capital Assets Being Depreciated, Net | 21,171 | - |
| Total Capital Assets | 21,171 | - |
| Noncurrent Assets: | ||
| Land Held for Resale | 320,306 | - |
| Total noncurrent assets | 320,306 | - |
| Total assets | 445,243 | 493,221 |
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts Payable | 10,759 | 1,245,626 |
| Lease Liability | 16,503 | - |
| Due to Other Funds | - | 99,802 |
| Total current liabilities | 27,262 | 1,345,428 |
| Noncurrent liabilities: | ||
| Due to Related Party - Long Term | 773,365 | - |
| Lease liability | 20,345 | - |
| Total noncurrent liabilities | 793,710 | - |
| Total liabilities | 820,972 | 1,345,428 |
| Net Position | ||
| Unrestricted | (360,052) | (852,207) |
| Net Investment in Capital Asset | (15,677) | - |
| Total Net Position/(Deficit) | $ (375,729) | $ (852,207) |