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ESCAMBIA COUNTY, FLORIDA
STATEMENT OF NET ASSETS
AS OF SEPTEMBER 30, 2011
Primary Government
Component Units
Governmental
Business‐type
Total
Activities
Activities
Primary Government
Total
ASSETS
Cash and cash equivalents
$17,073,923
$291,060
$17,364,983
$2,864,556
Equity in pooled cash and investments
148,557,356
16,946,218
165,503,574
0
Receivables (net of allowance for uncollectibles)
3,573,496
5,821,700
9,395,196
464,025
Internal balances
3,907,143
(3,907,143)
0
0
Due from other governmental units
12,778,252
0
12,778,252
62,055
Inventory
1,462,675
248,206
1,710,881
0
Other current assets
1,088,446
80,773
1,169,219
191,906
Restricted assets
35,739
12,849,766
12,885,505
4,638,389
Other assets
2,209,836
0
2,209,836
0
Capital assets:
    Land and construction in progress non‐depreciable
56,367,161
5,679,881
62,047,042
0
    Depreciable (net)
491,818,766
44,190,337
536,009,103
14,490,219
        Total assets 
738,872,793
82,200,798
821,073,591
22,711,150
LIABILITIES
Vouchers payable
9,465,166
1,204,698
10,669,864
185,216
Contracts payable
1,605,509
297,437
1,902,946
0
Salaries and benefits payable
6,196,748
347,023
6,543,771
41,375
Due to other governmental units
7,107,553
1,967
7,109,520
125,859
Other current liabilities
10,293,749
490,823
10,784,572
864,509
Payable from restricted assets
35,739
359,448
395,187
0
Non‐current liabilities:
  Due within one year:
     Notes, bonds, and loans payable
3,605,000
0
3,605,000
0
     Compensated absences
5,187,163
516,369
5,703,532
0
     Landfill closure and postclosure care payable
0
396,423
396,423
0
     Claims liabilities
2,859,611
0
2,859,611
0
  Due in more than one year:
     Compensated absences
23,863,853
945,652
24,809,505
238,766
     Bonds payable (net of premium/discount)
100,764,305
100,764,305
0
     Unearned revenues
0
0
0
646,327
     Capital leases
0
0
0
28,267
     Pollution remediation obligation
2,000,000
0
2,000,000
0
     Landfill closure and postclosure care payable
0
12,857,130
12,857,130
0
     Other post‐employment benefits
6,194,760
713,778
6,908,538
119,272
     Claims liabilities
5,609,226
0
5,609,226
0
      Total liabilities
184,788,382
18,130,748
202,919,130
2,249,591
NET ASSETS
Invested in capital assets (net of related debt)
458,331,022
49,870,218
508,201,240
14,432,508
Restricted
85,670,414
0
85,670,414
2,452,956
Unrestricted 
10,082,973
14,199,832
24,282,805
3,576,095
        Total net assets
$554,084,411
$64,070,050
$618,154,461
$20,461,559
The accompanying notes are an integral part of the 
  financial statements.
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