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t <br /> TOWN OF MASHAEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> JUNE 30, 1990 <br /> (3. Assets, Liabilities and Fund Eguity. Continued. . . . . <br /> Designated Fund Balance. gesignated fund balance indicates that a <br /> portior► of fund equity which the town has made tentative plans for, or <br /> other legal restrictions exist, which prevent this equity from being , <br /> classified as undesigr►at ed. The following have beer, classified as <br /> designated for special purposes: <br /> General Fund Special Revenue Trust Funds <br /> Undesignated Fund Balance $ 600, 44-3 <br /> Hotel/Motel Reserve 93, 173 <br /> Ambular►ce Reserve 34, 390 <br /> Municipal Waterway <br /> Improvement Fund 12,771 <br /> Shellfish Reserve 3,000 <br /> Conservation Fees <br /> Cranberry Bog Receipts 34, 373 <br /> St a b i l i z at i ars $ 42,22-0 <br /> $ 600, 449 177,707 $ 42,220 <br /> The amounts designated for specific purposes was approved during the <br /> Spring 1990 annual town meeting. <br /> Undesignated Fund Balance. In carder to prepare the accompanying <br /> financial statements in accordance with generally accepted accounting <br /> principles, certain budgetary surpluses and deficits, which would <br /> otherwise be reflected or, the balance sheet under the Massachusetts <br /> Statutory System, have been included in undesignated fund balances as <br /> follows: <br /> General Special Revenue Trust and <br /> Fund Fund Agency Fund <br /> Undesignated Fund Balance $19 :321, 123 $ 273,073 $ 600, 10'3 <br /> State ar►d County Under <br /> Assessments iNet) { 15, 453) <br /> Appropriation Deficit <br /> Interest can Temporary <br /> Borrowing { 51, 783 r, <br /> Unprovided Abatements <br /> and Exemptions 32' 107) <br /> P { <br /> ---------- L ;. <br /> r ----------- ------ <br /> 4 <br /> 1,2,-1,750 $ 273,073 $ 604109------�--- <br /> 16 <br />