Regular Board Meeting - April 19, 2017

GANADO FIRE DISTRICT BALANCE SHEET - GOVERNMENTAL FUNDS JUNE 30, 2016

Exhibit C

Total Governmental Funds

Debt Service

General

ASSETS

Cash and Cash Equivalents (Note 3)

$

4,048

$

8,225

$

12,273

Receivables:

Property Taxes (Note 6)

214

-

214

Total Assets

$

4,262

$

8,225

$

12,487

LIABILITIES

Accounts Payable

$

6,857 3,183 3,121

$

- - -

$

6,857 3,183 3,121

Payroll Taxes Payable

Wages Payable

Compensated Absences (Note 9) Due in less than one year

6,885

- -

6,885

Warrant Account Overdraft

289,584

289,584

309,630 DRAFT - 104 - 104 -

Total Liabilities

309,630

DEFERRED INFLOW OF RESOURCES

Deferred Property Taxes

104

Total Deferred Property Taxes

104

FUND BALANCES

Restricted

8,225

8,225

Unassigned (Note 11)

(305,472)

(305,472)

Total Fund Balances

(305,472)

8,225

(297,247)

Total Liabilities & Fund Balances

$

4,262

$

8,225

$

12,487

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