Harnett County, North Carolina
Combined Balance Sheet-All Fund Types and Account Groups        
June 30, 2001 Continued
With Comparative Totals for June 30, 2000
Proprietary Fiduciary Totals
Governmental Fund Types Fund Types   Fund Type   Account Groups                              (Memorandum Only)    
Trust  General General
Special Capital and Fixed Long-Term    June 30,    June 30,
Assets and Other Debits General   Revenue    Project  Enterprise   Agency   Assets   Debt   2001   2000
Assets:
  Cash and investments  $          10,302,689  $           332,211  $          19,539,996  $               9,024,905  $           161,729  $                        -  $                         -  $          39,361,530  $          28,447,649
  Taxes receivable, net 2,689,293 281,078 --- 102,279 --- --- --- 3,072,650 3,304,334
  Accounts receivable,net 6,631,684 302,218 2,125 1,248,784 --- --- --- 8,184,811 6,243,970
  Due from other fund 214,309 --- --- --- --- --- --- 214,309 214,309
  Inventories 23,301 --- --- 171,110 --- --- --- 194,411 197,577
  Fixed assets, net --- --- --- 84,644,551 --- 46,443,973 --- 131,088,524 106,495,998
  Bond issuance costs, net of
accumulated amortization of $104,015 --- --- --- 110,711 --- --- --- 110,711 124,754
 
Other debits:  
  Amount to be Provided for Retirement  
     of General Long-Term Debt --- --- --- --- --- --- 54,487,645 54,487,645 32,788,809
Total assets and other debits  $          19,861,276  $           915,507  $          19,542,121  $             95,302,340  $           161,729  $       46,443,973  $        54,487,645  $        236,714,591  $        177,817,400
 
Harnett County, North Carolina  
Combined Balance Sheet-All Fund Types and Account Groups Concluded
June 30, 2001 Proprietary Fiduciary Totals
With Comparative Totals for June 30, 2000 Governmental Fund Types Fund Types   Fund Type   Account Groups                              (Memorandum Only)    
Trust  General General
Special Capital and Fixed Long-Term    June 30,    June 30,
General   Revenue    Project Enterprise   Agency   Assets   Debt 2001   2000
Liabilities, Equity and Other Credits
Liabilities:
  Accounts payable and accrued liabilities  $               827,628  $           238,820      $            1,613,306  $               1,142,439  $           161,729  $                        -  $                         -  $            3,983,922  $            1,715,617
  Accrued interest payable --- --- ---                      205,604 --- --- --- 205,604 199,796
  Bond anticipation note --- --- ---                   1,194,000 --- --- --- 1,194,000 ---
  Customer deposits --- --- --- 526,828 --- --- --- 526,828 490,332
  Unearned revenue --- 70,825 --- 126,963 --- --- --- 197,788 169,021
  Due to other fund --- 214,309 --- --- --- --- --- 214,309 214,309
  Accrued landfill closure and postclosure care costs --- --- --- 3,648,710 --- --- --- 3,648,710 3,649,561
  Accrued vacation pay --- --- --- 178,073 --- --- 1,025,128 1,203,201 1,063,323
  Long-term debt --- --- --- 35,284,371 --- --- 53,462,517 88,746,888 68,025,524
  Deferred revenues 3,144,925 325,150 --- --- --- --- --- 3,470,075 3,279,229
  Total liabilities 3,972,553 849,104 1,613,306 42,306,988 161,729 --- 54,487,645 103,391,325 78,806,712
Equity and other credits:
  Investment in general fixed assets --- --- --- --- --- 46,443,973 --- 46,443,973 36,102,747
  Contributed capital --- --- --- 28,796,721 --- --- --- 28,796,721 29,373,527
  Retained earnings --- --- --- 24,198,631 --- --- --- 24,198,631 13,637,143
  Fund balances:  
    Reserved for inventories 23,301 --- --- --- --- --- --- 23,301 26,467
    Reserved for encumbrances 2,421 --- --- --- --- --- --- 2,421 64,735
    Reserved by State Statute 6,402,624 258,146 2,125 --- --- --- --- 6,662,895 5,327,797
    Unreserved (Available for Appropriation):      
        Designated for Subsequent Year's Expenditures 3,050,135 --- --- --- --- --- --- 3,050,135 2,614,895
        Undesignated 6,410,242 (191,743)   17,926,690 --- --- --- --- 24,145,189 11,863,377
  Total equity and other credits 15,888,723 66,403 17,928,815 52,995,352 --- 46,443,973 --- 133,323,266 99,010,688
Total liabilities, equity, and other credits  $          19,861,276  $           915,507  $          19,542,121  $             95,302,340  $           161,729  $       46,443,973  $        54,487,645  $        236,714,591  $        177,817,400
The notes to the financial statements are an integral part of this statement.