Page 168 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Combining Statement of Net Position

Internal Service Funds
June 30, 2018

Central Fleet Information Workers'
Assets Warehouse Services Services Compensation
Current Assets
Cash and cash equivalents/investments $ 154,277 $ 544,833 $ 53,592 $ 4,707,340
Accounts receivables, net 105 - - -
Inventories 838,929 447,689 - -

Total current assets 993,311 992,522 53,592 4,707,340
Noncurrent Assets
Capital assets
Land 801,682 - - -
Construction in progress - - 1,696,679 -
Other capital assets, net of accumulated depreciation 180,887 2,459,293 2,481,415 -
Total noncurrent assets 982,569 2,459,293 4,178,094 -

Total assets 1,975,880 3,451,815 4,231,686 4,707,340
Deferred Outflows of Resources
Pension deferrals 36,604 184,268 616,386 32,717
Total deferred outflows of resources 36,604 184,268 616,386 32,717
Liabilities
Current Liabilities
Accounts payable 1,056 337,502 162,599 282
Accrued payroll 7,285 45,638 135,217 8,061
Accrued vacation 9,242 58,015 220,205 4,946
Employee taxes and amounts withheld - - - -
Unearned revenue - - - -
Current maturities
Claims payable - - - 812,959
Contracts payable - 438,048 466,825 -
Total current liabilities 17,583 879,203 984,846 826,248
Noncurrent Liabilities
Accrued vacation 5,416 27,392 118,062 5,059
Net pension liability 46,862 235,952 737,171 31,325
Net OPEB liability 24,320 159,207 440,571 27,096
Claims payable - - - 2,132,306
Contracts payable - 656,208 794,750 -
Total noncurrent liabilities 76,598 1,078,759 2,090,554 2,195,786
Total liabilities 94,181 1,957,962 3,075,400 3,022,034
Deferred Inflows of Resources
Pension deferrals - 16,720 80,271 20,124
OPEB deferrals 8,049 52,694 145,819 8,968
Total deferred inflows of resources 8,049 69,414 226,090 29,092
Net Position
Net investment in capital assets 982,569 1,365,037 2,916,519 -

Unrestricted 927,685 243,670 (1,369,937) 1,688,931
Total net position $ 1,910,254 $ 1,608,707 $ 1,546,582 $ 1,688,931

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