Regular Fire Board Meeting - July 10, 2024

GANADO FIRE DISTRICT STATEMENT OF NET POSITION

JUNE 30, 2021

Exhibit A

Governmental Activities

ASSETS

Cash & Cash Equivalents

$

7,794

524,170

Capital Assets, being depreciated, net

531,964

Total Assets

DEFERRED OUTFLOWS OF RESOURCES

368,161

Deferred Outflows Related to Court Ordered Tax Refund

900,125

Total Assets and Outflow of Resources

LIABILITIES

Current Liabilities Accounts Payable

6,685 2,304

Payroll/ Withholding Taxes Payable

Wages Payable

7,368 535,283

Warrant Account Overdraft

Total Liabilities

551,640

NET POSITION

Net Investment in Capital Assets

524,170 (175,685)

Unrestricted (Deficit)

Total Net Position

$

348,485

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

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