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ESCAMBIA COUNTY, FLORIDA
RECONCILIATION OF THE BALANCE SHEET
TO THE STATEMENT OF NET ASSETS
GOVERNMENTAL FUNDS
AS OF SEPTEMBER 30, 2011
Fund balances ‐ total governmental funds
$131,940,865
  Amounts reported for governmental activities in the 
    statement of net assets are different because:
      Capital assets used in governmental activities are not financial 
          resources and therefore are not reported in the governmental funds.
          The cost of the assets is $1,066,604,058 and the accumulated
547,145,949
           depreciation is $519,458,109.
      Long‐term liabilities, including bonds payable are not due and
          payable in the current period and therefore are not reported
          in the governmental funds.
               Governmental bonds, notes and loans payable
($105,050,000)
               Compensated absences
(8,847,938)
               Leases
0
               Unamortized bond issuance costs
1,407,349
               Unamortized original issue bond premium
(726,654)
               Other post‐employment benefits
(6,145,600)
               Pollution remediation obligations
(2,000,000)
(121,362,843)
      Internal service funds are used by management to charge the costs
          of certain activities to individual funds.  The assets and liabilities
          of the internal service fund are reported with governmental activities.
(3,639,560)
      Net assets of governmental activities
$554,084,411
The accompanying notes are an integral part of the 
  financial statements.
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