Regular Fire Board Meeting - July 10, 2024

GANADO FIRE DISTRICT RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUND TO THE STATEMENT OF NET POSITION

JUNE 30, 2023

Exhibit E

Reconciliation of Governmental Fund Balance to Net Position

(Exhibit A) of governmental activities:

Fund Balance - Total Governmental Fund (Exhibit C)

$

(191,830)

Amounts reported for governmental activities in the statement of net position are different because:

Capital Assets used in governmental activities are not financial resources and, therefore are not reported in the other funds.

Governmental Capital Assets Less: Accumulated Depreciation

3,416,776 (2,974,052)

442,724

period and therefore are not reported in the funds. Non-Current liabilities are not due and payable in the current

(14,257)

Net Position of Governmental Activities (Exhibit A)

$

236,637

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

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