Adobe Acrobat File:p45.pdf
This document is a text-only version of the original Adobe Acrobat file. Graphics and formatting may be lost in the conversion from pdf to html.
View the Adobe Acrobat version of this file.
City of Muskegon
Discretely Presented Component Units
BALANCE SHEET
December 31, 2003
Local Local Local Total Discretely
Development Development Development Downtown Presented
Finance Finance Finance Development Component
Authority I Authority II Authority III Authority Units
ASSETS
Cash and cash equivalents (note A and B) $ 301
$ 11,176
$ 643,874
$ 270,648
$ 925,999
Property taxes receivable (note A) - 186,941
10,585
510,125
707,651
TOTAL ASSETS $ 301 $ 198,117 $ 654,459 $ 780,773
$ 1,633,650
LIABILITIES AND FUND BALANCES
Liabilities
Due to primary government (note E) $ - $ 177,304
$ - $ - $ 177,304
Deferred revenue (note A) - - 10,585
581,124
591,709
Total liabilities - 177,304
10,585
581,124
769,013
Fund balances
Unreserved 301
20,813
643,874
199,649
864,637
TOTAL LIABILITIES AND FUND BALANCES $ 301 $ 198,117 $ 654,459 $ 780,773
$ 1,633,650
The accompanying notes are an integral part of this statement.