Page 58 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Balance Sheet
Governmental Funds

June 30, 2018 Exhibit 3
Other Total
Debt Service Capital Governmental Governmental
General Fund Fund Projects Fund Funds Funds
Assets
Cash and cash equivalents/investments $ 37,582,844 $ 23,148,507 $ 93,913,257 $ 25,947,920 $ 180,592,528
Receivables
Taxes, net 820,787 125,289 - 677 946,753
Accounts, net 2,580,890 - - 82,246 2,663,136
Leases - 10,250,000 2,304,626 - 12,554,626
Assessments, net 418,714 - 382 - 419,096
Loans 930,361 - - 26,899,163 27,829,524
Total receivables 4,750,752 10,375,289 2,305,008 26,982,086 44,413,135
Due from other governments 13,703,597 1,903,521 296,600 1,921,702 17,825,420
Due from other funds 3,733,108 - - - 3,733,108
Inventories 332,511 - - 626,096 958,607
Prepaid items 51,764 - - - 51,764
Total assets $ 60,154,576 $ 35,427,317 $ 96,514,865 $ 55,477,804 $ 247,574,562
Liabilities
Accounts payable $ 4,993,934 $ 86,803 $ 3,316,819 $ 2,543,462 $ 10,941,018
Accrued payroll 3,713,189 - - 1,907 3,715,096
Loan escrow 2,592 - - 48,420 51,012
Unearned revenue 24,255 1,148 - - 25,403
Total liabilities 8,733,970 87,951 3,316,819 2,593,789 14,732,529
Deferred In ows of Resources
Taxes 820,787 125,289 - 677 946,753
Leases - 10,250,000 2,304,626 - 12,554,626
Assessments 418,714 - 382 - 419,096
Advances from other governments - - - 321,589 321,589
Total deferred in ows of resources 1,239,501 10,375,289 2,305,008 322,266 14,242,064
Fund Balances
Nonspendable
Loans 930,361 - - - 930,361
Inventories 332,511 - - 626,096 958,607
Prepaids 51,764 - - - 51,764
Perpetual care - - - 4,111,545 4,111,545
Restricted
Stabilization by state statute 22,168,518 1,964,641 - - 24,133,159
Debt service - 22,999,436 - - 22,999,436
Capital improvements - - 54,794,529 - 54,794,529
General government - - - 70,660 70,660
Public protection - - - 2,550,858 2,550,858
Transportation - - - 2,707,784 2,707,784
Culture and recreation - - - 733,048 733,048
Community & economic development - - - 12,195,983 12,195,983
Committed
Capital improvements - - 36,098,509 - 36,098,509
Community & economic development - - - 29,933,252 29,933,252
Assigned
Subsequent year’s budget 2,000,000 - - - 2,000,000
Unassigned 24,697,951 - - (367,477) 24,330,474
Total fund balances 50,181,105 24,964,077 90,893,038 52,561,749 218,599,969
Total liabilities, deferred inflows
of resources, and fund balances $ 60,154,576 $ 35,427,317 $ 96,514,865 $ 55,477,804 $ 247,574,562

The accompanying notes are an integral part of the nancial statements.

52 2018 AN NUAL R E P O R T