Acton-Boxborough Regional School District Governmental Funds
Balance Sheet June 30, 2024
Governmental funds – balance sheet
Douglas/Gates
Nonmajor
Total
School
Governmental
Governmental
General
Construction
Funds
Funds
ASSETS Cash and cash equivalents…………………………… $ 5,293,429 $ 1,237,776$ 5,926,115 $ 12,457,320 Receivables, net of uncollectibles: Departmental and other…………………………… - - 36,143 36,143 Intergovernmental………………………………… 1,348,289 1,014,000 1,040,624 3,402,913 Other assets…………………………………………… 12,697 - - 12,697 TOTAL ASSETS………………………………………$ 6,654,415 $ 2,251,776$ 7,002,882 $ 15,909,073
LIABILITIES Warrants payable……………………………………$ 429,220 $
- $
136,596$
565,816 182,006 805,599 819,420 5,000,000
Accrued payroll…………………………………… Other liabilities……………………………………… Unearned revenue…................................................. Notes payable………………………………………
166,617 796,061
- - -
15,389 9,538 819,420
- -
5,000,000
-
TOTAL LIABILITIES…………………………………
1,391,898
5,000,000
980,943
7,372,841
FUND BALANCES Restricted…………………………………………… Assigned…………………………………………… Unassigned…………………………………………
664,734 2,475,065 2,122,718
- -
6,021,939
6,686,673 2,475,065 (625,506)
- -
(2,748,224)
TOTAL FUND BALANCES…………………………
5,262,517
(2,748,224)
6,021,939
8,536,232
TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCES……………$ 6,654,415 $ 2,251,776$ 7,002,882 $ 15,909,073
See notes to basic financial statements. 19
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