Page 14 - 2017-MVU-AnnualReport

Statement of
Net Position
Proprietary Funds
JUNE 30, 2017

ASSETS Enterprise Fund Electric
FINANCIALS Prepaid costs $24,534,893
Current Assets
$12,751,464
Pooled cash and investments
$4,119,866
Receivables : Accounts
$923,785
Inventories
$390,589
Due from other governments
$15,000
Restricted
$6,334,189
Cash with fiscal agent
Total Current Assets
Noncurrent Assets
$49,293,140
Capital Assets (net of accumulated depreciation)
Total Noncurrent Assets
$73,828,033
Total Assets
Deferred Outflows of Resources $49,293,140
Resources related to pensions $568,812
Utility Network $2,423,742
Total Deferred Outflows of Resources $2,992,554

Total Assets and Deferred $ 76,820,587
Outflows of Resources

LIABILITIES
Current Liabilities Enterprise Fund Electric
Accounts payable $5,614,205
Accrued interest $249,734
Unearned revenue $18,858
Deposits payable $860,718
Compensated absences $181,559
Self-insurance payable
Bonds, notes, and loans payable $1,158,000
Total Current Liabilities $8,083,074
Noncurrent liabilities
Compensated absences $121,039
Self-insurance payable
Bonds, notes, and loans payable $36,181,939
Net pension liability $1,714,399
Net OPEB liability $244,374
Total Noncurrent Liabilities $38,261,751
Total Liabilities $46,344,825
Deferred Inflows of Resources
Pensions $159,418
OPEB $24,864
Total Deferred Inflows of Resources $184,282
Net Position
Net investment in capital assets $20,512,511
Restricted for public purpose programs $4,806,157
Unrestricted $4,972,812
Total Net Position $30,291,480

Total Assets and Deferred Inflows of $ 76,820,587
Resources and Net Position