Borough of Somerville - Parking Utility Fund - Comparative Balance Sheets

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 89 Page 90 Page 91 Page 92 Page 93 Page 94 Page 95 Page 96 Page 97 Page 98 Page 99 Page 100

ASSETS	REF.	BALANCE DEC. 31, 2021		BALANCE DEC. 31, 2020			LIABILITIES, RESERVES AND FUND BALANCE	REF.	BALANCE DEC. 31, 2021		BALANCE DEC. 31, 2020
Operating Fund:							Operating Fund:
Cash and Investments - Treasurer	E-4	$	1,144,393.53	$	939,849.38		Liabilities:
			1,144,393.53		939,849.38		Appropriation Reserves	E-3,E-6	$	152,195.78	$	88,251.30
							Reserve for Encumbrances	E-3,E-6		104,373.58		80,750.28
							Accounts Payable	E-7		80,400.00		30,000.00
										336,969.36		199,001.58
							Fund Balance	E-1		807,424.17		740,847.80
Total Operating Fund			1,144,393.53		939,849.38		Total Operating Fund			1,144,393.53		939,849.38

Capital Fund:							Capital Fund:
Cash and Investments - Treasurer	E-4, E-5		174,525.00		174,525.00		Improvement Authorizations
Fixed Capital - Authorized and							Funded	E-9		174,525.00		174,525.00
Uncompleted	E-8		175,000.00		175,000.00		Deferred Reserve for Amortization	E-10		175,000.00		175,000.00
Total Capital Fund			349,525.00		349,525.00		Total Capital Fund			349,525.00		349,525.00
		$	1,493,918.53	$	1,289,374.38				$	1,493,918.53	$	1,289,374.38

ASSETS

	REF.	BALANCE DEC. 31, 2021	BALANCE DEC. 31, 2020
Operating Fund:
Cash and Investments - Treasurer	E-4	$ 1,144,393.53	$ 939,849.38
Total Operating Fund		1,144,393.53	939,849.38
Capital Fund:
Cash and Investments - Treasurer	E-4, E-5	174,525.00	174,525.00
Fixed Capital - Authorized and
Uncompleted	E-8	175,000.00	175,000.00
Total Capital Fund		349,525.00	349,525.00
		$ 1,493,918.53	$ 1,289,374.38

LIABILITIES, RESERVES
AND FUND BALANCE

	REF.	BALANCE DEC. 31, 2021	BALANCE DEC. 31, 2020
Operating Fund:
Liabilities:
Appropriation Reserves	E-3,E-6	$ 152,195.78	$ 88,251.30
Reserve for Encumbrances	E-3,E-6	104,373.58	80,750.28
Accounts Payable	E-7	80,400.00	30,000.00
		336,969.36	199,001.58
Fund Balance	E-1	807,424.17	740,847.80
Total Operating Fund		1,144,393.53	939,849.38
Capital Fund:
Improvement Authorizations
Funded	E-9	174,525.00	174,525.00
Deferred Reserve for Amortization	E-10	175,000.00	175,000.00
Total Capital Fund		349,525.00	349,525.00
		$ 1,493,918.53	$ 1,289,374.38

There were no Bonds and Notes Authorized but not issued at December 31, 2021 or 2020.