BOROUGH OF SOMERVILLE

ASSETS	REF.	BALANCE DEC. 31, 2022	BALANCE DEC. 31, 2021
Operating Fund:
Cash and Investments - Treasurer	D-5	$3,394,704.75	$2,435,244.16
Interfunds Receivable	D-12	524,095.80	524,095.80
		3,918,800.55	2,959,339.96
Receivables With Full Reserves:
Consumer Accounts Receivable	D-7	157,871.15	324,421.32
Sewer Utility Liens Receivable	D-9	1,850.00	1,850.00
		159,721.15	326,271.32
Total Operating Fund		4,078,521.70	3,285,611.28
Capital Fund:
Cash and Investments - Treasurer	D-5, D-6	684,656.18	940,172.93
Fixed Capital	D-11	3,549,877.57	3,549,877.57
Fixed Capital Authorized and Uncompleted	D-13	4,529,166.23	4,529,166.23
Total Capital Fund		8,763,699.98	9,019,216.73
		$12,842,221.68	$12,304,828.01

LIABILITIES, RESERVES AND FUND BALANCE	REF.	BALANCE DEC. 31, 2022	BALANCE DEC. 31, 2021
Operating Fund:
Liabilities:
Appropriation Reserves	D-4 ,D-10	$854,189.70	$384,517.55
Reserve for Encumbrances	D-4 ,D-10	101,612.19	38,594.10
Rent Overpayments	D-8	12,006.99	25,154.03
Accounts Payable	D-14	3,073.57	3,073.57
Accrued Interest	D-21	4,450.00	4,867.50
		975,332.45	456,206.75
Reserve for Receivables	Reserve	159,721.15	326,271.32
Fund Balance	D-1	2,943,468.10	2,503,133.21
Total Operating Fund		4,078,521.70	3,285,611.28
Capital Fund:
Sewer Bonds Payable	D-22	960,000.00	1,020,000.00
Improvement Authorizations:
Funded	D-15	391,849.89	492,707.72
Unfunded	D-15	3,323,369.95	3,052,572.92
Encumbrances Payable	D-15	188,122.75	713,578.70
Capital Improvement Fund	D-16	267,500.00	167,500.00
Reserve for Down Payment on Improvements	D-17	732.00	732.00
Due to Sewer Operating Fund	D-18	512,516.76	512,516.76
Reserve for Amortization	D-19	2,889,043.80	2,620,727.78
Deferred Reserve for Amortization	D-20	229,500.00	437,816.02
Fund Balance	D-2	1,064.83	1,064.83
Total Capital Fund		8,763,699.98	9,019,216.73
		$12,842,221.68	$12,304,828.01
Bonds and Notes Authorized But Not Issued	D-23	$4,000,500.00	$4,000,500.00