CITY OF COTTONWOOD Statement of Net Position As of December 31, 2015 Primary Government Business-Type Primary Governmental Interest Receivable ASSETS Cash and cash equivalents Investments Inventory Receivables (net) Taxes receivable Due from Other Governments Other assets Activities Activities Government 8,161,351 4,025,000 12,186,351 3,312,992 5,871,042 9,184,034 33,126 71,042 104,168 2,872,611 2,872,611 693,392 26,573 719,965 1,328,448 292,775 1,621,223 23,747 23,747 Investment in permanent endowment 3,875,600 3,875,600 Capital Assets (net of Accumulated Depreciation) 25,070,818 42,142,915 67,213,733 TOTAL ASSETS 45,372,085 52,429,347 97,801,432 LIABILITIES Accounts payable Accrued wages and benefits Accrued Interest payable Landfill post closure care costs liability Bonds payable TOTAL LIABILITIES NET POSITION Net Investment in Capital Assets Restricted Unrestricted TOTAL NET POSITION $ 2,320,134 493,849 2,813,983 419,756 473,168 892,924 167,000 167,000 2,600,000 562,480 3,162,480 19,317,074 18,858,187 38,175,261 24,823,964 20,387,684 45,211,648 5,753,744 23,284,728 29,038,472 4,447,614 4,447,614 10,346,763 8,756,935 19,103,698 $ 20,548,121 32,041,663 52,589,784 CITY OF COTTONWOOD Statement of Activities For the year ended December 31, 2015 Primary Government Net (Expense) Revenue and Change in Net Position Functions/Programs Governmental Activities: General Government Judicial Administration Public Safety Public Works Health and Welfare Education Parks and Recreation Community Development Depreciation Expense Charges for Governmental Expenses Services Activities Business-Type Activities Total 3,074,532 4,400,325 1,156,497 (1,918,035) (1,918,035) 44,018 (4,356,307) (4,356,307) 6,328,125 275,492 (6,052,633) (6,052,633) 4,753,945 (4,753,945) (4,753,945) 4,418,294 (4,418,294) (4,418,294) 3,887,834 (3,887,834) (3,887,834) 3,155,325 604,359 (2,550,966) (2,550,966) 1,793,013 51,611 (1,741,402) (1,741,402) 3,100,000 (3,100,000) (3,100,000) Interest on Long-term Debt 1,106,318 (1,106,318) (1,106,318) Total Governmental Activities 36,017,711 2,131,977 (33,885,734) (33,885,734) Business Type Activities Water Solid Waste Parking Total Business-type Activities Total Primary Government 4,041,987 5,385,233 1,343,246 1,556,633 1,851,433 294,800 481,869 461,107 (20,762) 6,080,489 7,697,773 1,617,284 1,343,246 294,800 (20,762) 1,617,284 42,098,200 9,829,750 (33,885,734) 1,617,284 (32,268,450) General Revenues Property Taxes 24,583,914 Other local Taxes 11,403,125 Miscellaneous 1,302,422 24,583,914 11,403,125 1,302,422 Transfers (526,755) Total General Revenues 36,762,706 526,755 526,755 37,289,461 Change in Net Position Net Position, Beginning Net Position, Ending 2,876,972 2,144,039 5,021,011 17,671,149 29,897,624 47,568,773 20,548,121 32,041,663 52,589,784