Finance Committee - Agenda - 8/17/2022 - P49
CITY OF NASHUA, NEW HAMPSHIRE
PROPRIETARY FUNDS
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION
FOR FISCAL YEAR ENDED JUNE 30, 2021
CITY OF NASHUA, NEW HAMPSHIRE
PROPRIETARY FUNDS
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION
FOR FISCAL YEAR ENDED JUNE 30, 2021
Assets
Current
Cash and short-term investments
Investments
User fees, net of allowance for uncollectibles
Intergovernmental receivable
Due from other funds
Other assets
Total Current Assets
Noncurtent:
Capital assets being depreciated, net
Capital assets not being depreciated
Total Noncurrent Assets
Total Assets
Deferred Outflows of Resources
Related to pensions
Related to OPEB
Total Deferred Qutflows of Resources
CITY OF NASHUA, NEW HAMPSHIRE
GENERAL FUND
STATEMENT OF REVENUES AND OTHER SOURCES, AND EXPENDITURES AND OTHER USES -
BUDGET AND ACTUAL
Revenues
Property taxes
Auto permits
Penalties, interest and other taxes
Charges for services
Intergovernmental
Licenses and permits
Interest earnings
Miscellaneous
Total Revenues
CITY OF NASHUA, NEW HAMPSHIRE
RECONCILIATION OF THE STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES OF
GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 202]
Net changes in fund balances - Total governmental funds $ 10,949.29)
* Govemmental funds report capital outlays as expenditures. However,
in the Statement of Activities the cost of those assets is allocated
over ther estimated useful lives and reported as depreciation expense:
Revenues
Property taxes
Aulo pemnits
Penalties, interest and other taxes
Charges for services
Intergovernmental
Licenses and permits
Investment income
Contributions
Hydroelectnc power generation
Cable TV franchise fees
Rentals and lease income
Miscellaneous
Total Revenues
Expenditures
CITY OF NAS HUA, NEW HAMPSHIRE
RECONCILIATION OF TOTAL GOVERNMENTAL FUND
BALANCES TO NET POSITION OF GOVERNMENTAL
ACTIVITIES IN THE STATEMENT OF NET POSITION
JUNE 30, 2021
Total governmental fund balances $ 123,257,472
* Capital assets used in governmental activities are not financial
resources and, therefore. are not reported in the governmental funds. 362,519,981
* Revenues are reported on the accrual basis of accounting
Assets
Cash and short-term investments
Investments
CITY OF NASHUA, NEW HAMPS HIRE
Receivables, net of allowance for uncollectibles:
Property taxes
Tax deeded property
Departmental and other
Intergovernmmental
Loans
Due from other funds
Other assets
Total Assets
Liabilities
Accounts payable
Salaries payable
Accrued liabilities
Uneamed revenue
Due to other funds
Other liabilities
Total Liabilities
Deferred Inflows of Resources
Unavailable revenues
CITY OF NASHUA, NEW HAMPSHIRE
STATEMENT OF ACTIVITIES
FOR FISCAL YEAR ENDED JUNE 30, 2021
(Except for Pennichuck Corperation Component Unit, which is forthe year ending December 31, 2020)
(continued )
Business-
Govemmental Type Component
Activities Activities Total Units
Change in Net Pesitien
Net (Expenses) Revenue from previous page § (260,537,173) $ = 4,715,122} § (265,252,295) $ = (1,641,898)
General Revenues:
Property taxes 216,376,307 - 216,376,307 -
Auto pennits 16,916,065 - 16,916,065 -
CITY OF NASHUA, NEW HAMPSHIRE
STATEMENT OF ACTIVITIES
FOR FISCAL YEAR ENDED JUNE 30, 2021
(Except for Pennichuck Corporation Component Unit, which is for the year ending December 31, 2020)
CIM OF NASHLA, NEW HAMPSHIRE