Regular Board Meeting - April 19, 2017

GANADO FIRE DISTRICT STATEMENT OF NET POSITION

JUNE 30, 2016

Exhibit A

Governmental Activities

ASSETS

Cash & Cash Equivalents (Note 3)

$

12,273

Receivables:

Property Taxes (Note 6)

214

Total Capital Assets, Net (Note 7)

780,361

Total Assets

792,848

LIABILITIES

Accounts Payable

6,857 3,183 3,121

Payroll Taxes Payable

Wages Payable

Compensated Absences (Note 9)

Due in less than one year

6,885 289,584

Warrant Account Overdraft

Total Liabilities

309,630

DEFERRED INFLOW OF RESOURCES

NET POSITION DRAFT

Deferred Property Taxes

104

Total Deferred Property Taxes

104

Invested in Capital Assets, Net of related Debt

780,361 (297,247)

Unrestricted (Note 11)

Total Net Position

$

483,114

-The Notes to the Financial Statements are an Integral Part of This Statement-