ACFR FY 2023 Final - Flipbook - Page 63
FINANCIAL SECTION
City of Eustis, Florida
City of Eustis, Florida
Statement of Net Position
Proprietary Funds
September 30, 2023
Business-Type
Activities
Water and Sewer
Utility
System Fund
Liabilities
Current Liabilities Payable from Current Assets
Accounts payable
$
SbITA
2,024,313
27,740
State Revolving Loans payable - Current
262,733
Revenue bonds payable - Current
340,000
Compensated Absences
80,082
Unearned Revenue
5,250,340
Total Current Liabilities Payable from Current Assets
7,985,208
Current Liabilities Payable from Restricted Assets
Customer Deposits
471,746
Accrued Interest payable
1,588
Total Current Liabilities Payable from Restricted Assets
473,334
Total Current Liabilities
8,458,542
Long-term Liabilities
SbITA
28,522
State Revolving Loan payable
2,398,932
Revenue bonds payable Net of Amortization
5,649,318
Other Post Employment Beneots
605,421
Compensated Absences
332,113
Net pension Liability
184,835
Total Long-term Liabilities
9,199,141
Total Liabilities
17,657,683
Deferred Inflows of Resources
pension plan Deferrals:
Florida Retirement System
63,788
OpEb
285,601
Total Deferred Outflows of Resources
349,389
Net Position
Net Investment in Capital Assets
42,595,573
Impact Fees
2,492,489
Renewal and Replacement
14,849,761
Unrestricted Net position
3,976,952
Total Net Position
$
63,914,775
The Notes to the Financial Statements are an integral part of this statementÿ
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Annual Comprehensive Financial Report | September 30, 2023
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