NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND (CONT'D)
AS AT DECEMBER 31, 2024
Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled
Scroll horizontally to view the Debit and Credit columns and all amounts.
| Title of Account | Debit | Credit |
|---|---|---|
| TOTALS FROM PAGE 3 | 25,849,442.77 | - |
| APPROPRIATION RESERVES | 1,386,368.74 | |
| ENCUMBRANCES PAYABLE | 771,217.76 | |
| CONTRACTS PAYABLE | 220,285.80 | |
| TAX OVERPAYMENTS | 22,114.68 | |
| PREPAID TAXES | 359,776.30 | |
| DUE TO STATE: | ||
| MARRIAGE LICENCE | ||
| DCA TRAINING FEES | ||
| LOCAL SCHOOL TAX PAYABLE | - | |
| REGIONAL SCHOOL TAX PAYABLE | - | |
| REGIONAL H.S.TAX PAYABLE | - | |
| COUNTY TAX PAYABLE | - | |
| DUE COUNTY - ADDED & OMMITTED | - | |
| SPECIAL DISTRICT TAX PAYABLE | - | |
| RESERVE FOR TAX APPEAL | 309,431.15 | |
| DUE TO HUD - TRANSFER FROM SEWER UTILITY | 407,000.00 | |
| DUE TO OTHER TRUST | 215,510.42 | |
| DUE TO ASSESSMENT TRUST FUND | 12,439.62 | |
| DUE TO GENERAL CAPITAL | 97,773.75 | |
| RESERVE FOR: | ||
| MASTER PLAN | 10,000.00 | |
| PROPERTY REVALUATION | 2,200.00 | |
| SALE OF MUNICIPAL ASSETS | 233,579.41 | |
| SALE OF MUNICIPAL ASSETS - SALE OF SEWER UTILITY | 4,722,156.32 | |
| LIBRARY SURPLUS | 14,220.00 | |
| EMERGENCY INSURANCE REIMBURSEMENT | 800.00 | |
| DEBT FROM SEWER UTILITY SALE | 2,891.94 | |
| PAGE TOTAL | 25,849,442.77 | 8,787,765.89 |