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151
<br />W
<br />LANDFILL FUND COMPARISON OF BALANCE SHEET FY1999 AND
<br />STATEMENT OF NET ASSETS FY2011
<br />LIABILITIES
<br />Current liabilities
<br />Accounts payable
<br />1999*
<br />2011
<br />Accrued liabilities
<br />Town
<br />County
<br />ASSETS
<br />-
<br />147,355
<br />Current assets
<br />-
<br />87,314
<br />Cash and cash equivalents /investments
<br />$ 4,446,721
<br />$ 12,941,892
<br />Accounts receivable, state
<br />-
<br />67,486
<br />Accounts receivable, other
<br />-
<br />422,157
<br />Other
<br />120,379
<br />-
<br />Total current assets
<br />4,567,100
<br />13,431,535
<br />Noncurrent assets:
<br />2,372,362
<br />115966,601
<br />Land, land improvements & Bldgs
<br />4,560,435
<br />-
<br />Equipment
<br />3,808,086
<br />-
<br />Construction in Progress
<br />1,281,256
<br />-
<br />Non- depreciable Assets
<br />2,687,198
<br />1,617,824
<br />Capital assets net of depreciation
<br />-
<br />4,806,084
<br />Accumulated Depreciation
<br />(4,255,354)
<br />-
<br />Total noncurrent assets
<br />5,394,423
<br />6,423,908
<br />Total assets
<br />9,961,523
<br />19,855,443
<br />LIABILITIES
<br />Current liabilities
<br />Accounts payable
<br />250,706
<br />432,282
<br />Accrued liabilities
<br />64,130
<br />24,247
<br />Employee taxes and related withholdings
<br />-
<br />147,355
<br />Accrued interest
<br />-
<br />87,314
<br />Current portion of long -term debt
<br />-
<br />549,784
<br />Compensated absences, current portion
<br />-
<br />1495773
<br />Total current liabilities
<br />314,836
<br />15390,755
<br />Noncurrent liabilities
<br />Compensated absences
<br />-
<br />99,850
<br />Post Closing Liability
<br />2,372,362
<br />115966,601
<br />OPEB Liability
<br />-
<br />1,197,787
<br />Long -term Debt
<br />-
<br />2,345,003
<br />Total noncurrent liabilities
<br />2,372,362
<br />15,609,241
<br />Total liabilities
<br />2,687,198
<br />16,9995996
<br />NET ASSETS
<br />Invested in capital assets - 3,529,121
<br />Unrestricted - (673,674)
<br />Contributed Capital 279,850 -
<br />Retained Earnings 6,994,475 -
<br />Total net assets $ 6,994,475 $ 3,529,121
<br />* The format for reporting enterprise fund balance sheet information changed to a net assets
<br />presentation in 2003, therefore asset and liability categories may not be equivalent. The above
<br />information is provided to show proportional changes over -time and may not represent strict
<br />apple to apple comparisons.
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