Regular Fire Board Meeting - June 24, 2020

Changes in Current Liabilities:

Balance Balance June 30, 2018 Additions Deletions June 30, 2019

Accounts Payable

$ 9,776 $ 0 $ 2,111 $ 7,665

Payroll Taxes Payable

2,735 4,329

0 0

1,488

1,247 3,758

Wages Payable

571

Compensated Absences

0 0

10,344 24,262

0 0

10,344

IT Service Contract 24,262 Warrant Account Overdraft 230,038 0 15,650 214,388

Totals

$ 246,878 $ 34,606 $ 19,820 $ 261,664

NOTE 13- COMMITMENTS

The District does not use a line of credit in its day to day operation.

NOTE 14 – NON-CURRENT LIABILITIES

In the government-wide financial statements, non-current liabilities and other non-current obligations are reported as liabilities in the applicable governmental activities or business -type activities in the statement of net assets.

Operating Leases

The District does not currently have any operating leases.

Capital Leases

The District does not currently have any capital leases.

Changes in Non-Current Liabilities :

Balance

Balance

6-30-2018

Additions

Deletions

6-30-2019

Debt Service

$ 0

$ 0

$ 0

$ 0

Compensated Absences

11,205

0

11,205

0

Total

$ 11,205

$ 0

$ 11,205

$ 0

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