Regular Fire Board Meeting - June 24, 2020

GANADO FIRE DISTRICT STATEMENT OF NET POSITION

JUNE 30, 2019

Exhibit A

Governmental Activities

ASSETS

Cash & Cash Equivalents

$

12,236

Receivables:

Property Taxes

57

Misc

1,482

Prepaid Expenses

889

Total Capital Assets, Net

619,522

Total Assets

634,186

LIABILITIES

Current Liabilities Accounts Payable

7,665 1,247 3,758

Payroll Taxes Payable

Wages Payable

IT Service Contract Payable Warrant Account Overdraft Due in Less than One Year Compensated Absences

24,262 214,388

10,344

Total Liabilities

261,664

NET POSITION

Net Investment in Capital Assets

619,522

Restricted

9,428 (256,428)

Unrestricted (Deficit)

Total Net Position

$

372,522

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

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