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4. DETAILED NOTES ON ALL FUNDS (Continued)
<br />Receivables as of year -end for the City's individual major funds and nonmaj or funds in the
<br />aggregate, including the applicable allowances for uncollectible accounts, are as follows:
<br />Net total receivables $ 2,649,421 $ 485,937 $ 36,080 $ 143,840 $ 6,025,038 $ 3,525,901 $ 4,945,511 $ 17,811,728
<br />Governmental funds report deferred revenue in connection with receivables for revenue that is
<br />not considered to be available to liquidate liabilities of the current period. Governmental funds
<br />also defer revenue recognition in connection with resources that have been received, but not yet
<br />earned. At the end of the current fiscal year, the various components of deferred revenue and
<br />unearned revenue reported in the governmental funds were as follows:
<br />Delinquent property taxes receivable (General Fund) $ 647,812
<br />Activity Center (General Fund) 31,422
<br />Other (General Fund) -
<br />Delinquent property taxes receivable (Debt Service) 143,840
<br />Hotel occupancy -
<br />Grant drawdowns (Nonmaj or governmental) -
<br />Total Deferred /Unearned Revenue for
<br />Governmental Funds $ 823,074
<br />(continued)
<br />38
<br />61,862
<br />32
<br />A A
<br />$ 61,894
<br />Hotel
<br />Capital
<br />Debt
<br />Water/
<br />Nonmajor
<br />General
<br />Occupancy
<br />Projects
<br />Service
<br />Electric
<br />Wastewater
<br />Funds
<br />Total
<br />Receivables:
<br />Taxes $
<br />699,999
<br />$ -
<br />$ - $
<br />177,220 $
<br />-
<br />$ -
<br />$ - $
<br />877,219
<br />Accounts
<br />2,001,608
<br />489,708
<br />36,080
<br />-
<br />7,120,435
<br />3,808,915
<br />3,903,520
<br />17,360,266
<br />Due from governments
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />962,275
<br />962,275
<br />Other
<br />-
<br />-
<br />-
<br />-
<br />4,312
<br />-
<br />4,312
<br />Loans
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />162,236
<br />162,236
<br />Gross receivables
<br />2,701,607
<br />489,708
<br />36,080
<br />177,220
<br />7,124,747
<br />3,808,915
<br />5,028,031
<br />19,366,308
<br />Less: allowance for
<br />uncollectibles (
<br />52,186)
<br />( 3,771)
<br />- (
<br />33,380) (
<br />1,099,709)
<br />( 283,014)
<br />( 82,520) (
<br />1,554,580)
<br />Net total receivables $ 2,649,421 $ 485,937 $ 36,080 $ 143,840 $ 6,025,038 $ 3,525,901 $ 4,945,511 $ 17,811,728
<br />Governmental funds report deferred revenue in connection with receivables for revenue that is
<br />not considered to be available to liquidate liabilities of the current period. Governmental funds
<br />also defer revenue recognition in connection with resources that have been received, but not yet
<br />earned. At the end of the current fiscal year, the various components of deferred revenue and
<br />unearned revenue reported in the governmental funds were as follows:
<br />Delinquent property taxes receivable (General Fund) $ 647,812
<br />Activity Center (General Fund) 31,422
<br />Other (General Fund) -
<br />Delinquent property taxes receivable (Debt Service) 143,840
<br />Hotel occupancy -
<br />Grant drawdowns (Nonmaj or governmental) -
<br />Total Deferred /Unearned Revenue for
<br />Governmental Funds $ 823,074
<br />(continued)
<br />38
<br />61,862
<br />32
<br />A A
<br />$ 61,894
<br />
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