Orange County NC Website
Exhibit G <br />ORANGE COUNTY, NORTH CAROLINA <br />PROPRIETARY FUNDS <br />STATEMENT OF NET ASSETS <br />JUNE 30, 2012 <br />Internal Service Funds <br />Major <br />Nonmajor <br />TotalDentalOPC <br />Solid WasteSportsPlexEfland SewerEnterpriseInsuranceRetiree Health <br />FundFundFundFundsFundFund <br />Assets: <br />Current assets: <br />Cash and cash equivalents14,833,852$ 1,156,912$ 163,201$ 16,153,965$ 201,779$ 510,006$ <br />Accounts receivable, state64,455 - - 64,455 - - <br />Accounts receivable, other214,204 81,569- 295,773 - - <br />Prepaid expenses <br /> 16,790- - 16,790 - - <br /> -3,000,000 - 3,000,000 - - <br />Restricted cash and investments <br /> 1,255,27118,112,511 163,201 19,530,983 201,779 510,006 <br />Total current assets <br />Non-current assets: <br />Non-depreciable assets1,617,824 591,792 57,117 2,266,733 - - <br /> 5,788,1184,591,050 2,541,252 12,920,420 - - <br />Capital assets, net of depreciation <br /> 6,379,9106,208,874 2,598,369 15,187,153 - - <br />Total non-current assets <br /> 7,635,18124,321,385 2,761,570 34,718,136 201,779 510,006 <br />Total assets <br />Liabilities and Net Assets: <br />Liabilities: <br />Current liabilities: <br />Accounts payable475,009 46,33133,366554,706 26,771- <br />Payroll withholdings174,999 17,316- 192,315 - - <br />Accrued liabilities24,687 - - 24,687 - - <br />Accrued interest56,61438,653- 95,267 - - <br />Due to other funds- - 202,983202,983 - - <br />Unearned revenues- 180,806- 180,806 - - <br />Current portion of long-term debt494,384 600,937 - 1,095,321 - - <br /> -217,865 - 217,865 - - <br />Compensated absences, current portion <br /> 884,0431,443,558 236,349 2,563,950 26,771 - <br />Total current liabilities <br />Non-current liabilities: <br />Compensated absences 145,243 - - 145,243 - - <br />Post-closing liability13,741,104 - - 13,741,104 - - <br />OPEB liability1,422,399 - - 1,422,399 - - <br /> 4,814,1474,872,705 - 9,686,852 - - <br />Long-term debt <br /> 4,814,14720,181,451 - 24,995,598 - - <br />Total non-current liabilities <br /> 5,698,19021,625,009 236,349 27,559,548 26,771 - <br />Total liabilities <br />Net Assets: <br />Invested in capital assets, <br /> net of related debt841,785 964,826 2,598,369 4,404,980 - - <br /> 972,1651,854,591 (73,148) 2,753,608 175,008 510,006 <br />Unrestricted <br />$ 1,936,9912,696,376$$2,525,221$7,158,588$ 510,006175,008$ <br />Total net assets <br />The accompanying notes are an integral part of the financial statements. <br /> <br />