ACFR FY 2022 FINAL BOOK - Flipbook - Page 59
FINANCIAL SECTION
City of Eustis, Florida
City of Eustis, Florida
Statement of Net Position
Proprietary Funds
September 30, 2022
Business-Type
Activities
Water and Sewer
Utility
System Fund
Liabilities
Current Liabilities Payable from Current Assets
Accounts payable
$
1,247,044
259,167
Loan payables - Current
330,000
Revenue bonds payable - Current
21,686
Unamortized bond premium
67,325
Compensated Absences
9,004,125
Unearned Revenue
10,929,347
Total Current Liabilities Payable from Current Assets
Current Liabilities Payable from Restricted Assets
Deposits
478,476
1,741
Accrued Interest payable
480,217
Total Current Liabilities Payable from Restricted Assets
11,409,564
Total Current Liabilities
Long-term Liabilities
State Revolving Loan payable
2,661,665
Revenue bonds payable net of Amortization
5,989,318
Other post Employment benefits
478,589
Compensated Absences
280,715
Net pension Liability
159,411
9,569,698
Total Long-term Liabilities
20,979,262
Total Liabilities
Deferred Inflows of Resources
pension plan Deferrals:
Florida Retirement System
102,641
351,461
OpEb
454,102
Total Deferred Outflows of Resources
Net Position
Net Investment in Capital Assets
35,369,298
3,492,000
Impact Fees
12,304,894
Renewal and Replacement
3,828,992
Unrestricted Net position
Total Net Position
$
54,995,184
The notes to the financial statements are an integral part of this statement�
Annual Comprehensive Financial Report | September 30, 2022
59