BOROUGH OF SOMERVILLE

ASSETS	REF.	BALANCE DEC. 31, 2021	BALANCE DEC. 31, 2020
Operating Fund:
Cash and Investments - Treasurer	D-5	$2,435,244.16	$2,169,674.58
Change Fund			50.00
Interfunds Receivable	D-13	524,095.80	524,095.80
		2,959,339.96	2,693,820.38
Receivables With Full Reserves:
Consumer Accounts Receivable	D-8	324,421.32	316,741.35
Sewer Utility Liens Receivable	D-10	1,850.00	1,850.00
		326,271.32	318,591.35
Total Operating Fund		3,285,611.28	3,012,411.73
Capital Fund:
Cash and Investments - Treasurer	D-5	940,172.93	1,109,248.65
Fixed Capital	D-12	3,549,877.57	3,549,877.57
Fixed Capital - Authorized and
Uncompleted	D-14	4,529,166.23	4,529,166.23
Total Capital Fund		9,019,216.73	9,188,292.45
		$12,304,828.01	$12,200,704.18

LIABILITIES, RESERVES AND FUND BALANCE	REF.	BALANCE DEC. 31, 2021	BALANCE DEC. 31, 2020
Operating Fund:
Liabilities:
Appropriation Reserves	D-4, D-11	$384,517.55	$190,173.12
Reserve for Encumbrances	D-4, D-11	38,594.10	120,048.57
Rent Overpayments	D-9	25,154.03	25,850.47
Accounts Payable	D-15	3,073.57	-
Accrued Interest	D-22	4,867.50	4,867.50
		456,206.75	340,939.66
Reserve for Receivables	Reserve	326,271.32	318,591.35
Fund Balance	D-1	2,503,133.21	2,352,880.72
Total Operating Fund		3,285,611.28	3,012,411.73
Capital Fund:
Sewer Bonds Payable	D-23	1,020,000.00	1,060,000.00
Improvement Authorizations
Funded	D-16	492,707.72	403,860.90
Unfunded	D-16	3,052,572.92	4,037,002.91
Encumbrances Payable	D-16	713,578.70	87,071.25
Capital Improvement Fund	D-17	167,500.00	67,500.00
Reserve for Down Payment on Improvements	D-18	732.00	732.00
Due to Sewer Operating Fund	D-19	512,516.76	512,516.76
Reserve for Amortization	D-20	2,620,727.78	2,580,727.78
Deferred Reserve for Amortization	D-21	437,816.02	372,816.02
Reserve for Payment of Debt Service			65,000.00
Fund Balance	D-2	1,064.83	1,064.83
Total Capital Fund		9,019,216.73	9,188,292.45
		$12,304,828.01	$12,200,704.18