Property tax receivables at June 30, 2021 consist of the following:
Allowance
Gross for Doubtful Net
Amount Accounts Amount
Levy of 2020 $ 17,045,310 $ - $ 17,045,310
Tax Liens 7,076,507 (2,735,935) 4,340,572
Subtotal property taxes 24,121,817 (2,735,935) 21,385,882
Tax deeded property 331,942 - 331,942
Total $ 24,453,759 $ (2,735,935) $ 21,717,824
User Fee Receivables
Receivables for user charges at June 30, 2021 consist of the following:
Allowance
Gross for Doubtful Net
Amount Accounts Amount
Wastewater user charges $ 4,302,228 $ (191,875) $ 4,110,353
Solid waste user charges 326,164 - 326,164
Total $ 4,628,392 $ (191,875) $ 4,436,517
Intergovernmental Receivables
This balance represents reimbursements requested from Federal, State, and Local agencies for
expenditures incurred in fiscal 2021,
Interfund Receivables/Payables and Transfers In/Out
Although self-balancing funds are maintained, most transactions flow through the general
fund. In order to obtain accountability for each fund, interfund receivable and payable
accounts must be utilized. All remaining balances resulted from the time lag between the
dates that (1) interfund goods and services are provided or reimbursable expenditures
occur, (2) transactions are recorded in the accounting system, and (3) payments between
funds are made.
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