Harnett County, North Carolina
Special Revenue Funds
Combining Balance Sheet
June 30, 2001
With Comparative Totals for the Year Ended June 30, 2000
       
Community
Development
Block Grant Child  Emergency Emergency
Section 8 Special  Revolving Law Development Hurricane Telephone Response
Housing  Districts Loan Enforcement Grants Fran System Planning                      Totals
Fund   Fund   Fund   Fund   Fund   Fund   Fund   Fund   2001   2000
Assets
Cash and investments  $    59,985  $    39,438  $              -    $       1,055  $               -    $          -    $  212,739  $    18,994  $    332,211  $   1,518,708
Taxes receivable, net --- 281,078 --- --- --- --- --- --- 281,078 342,420
Accounts receivable --- 240,227 --- --- --- --- 61,991 --- 302,218 214,094
  Total assets  $    59,985  $  560,743  $              -    $       1,055  $               -    $          -    $  274,730  $    18,994  $    915,507  $   2,075,222
Liabilities and Fund Balances
Liabilities:
Accounts payable - HUD  $          -    $          -    $              -    $            -    $               -    $          -    $          -    $          -    $            -    $       91,012
Accounts payable and accrued        
  liabilities 1,333 236,457 --- 980 --- ---              40 10 238,820 177,512
Unearned revenue 70,825 --- --- --- --- --- --- --- 70,825 47,890
Due to other funds 214,309 --- --- --- --- --- --- --- 214,309 214,309
Deferred revenues --- 325,150 --- --- --- --- --- --- 325,150 342,420
    Total liabilities 286,467 561,607 --- 980 --- --- 40 10 849,104 873,143
Fund balances:
Reserved for encumbrances --- --- --- --- --- --- --- --- --- 43,767
Reserved by State Statute --- 196,155 --- --- --- --- 61,991 --- 258,146 214,094
Unreserved:
  Designated for subsequent year's
     expenditures --- --- --- --- --- --- --- --- --- ---
  Undesignated (deficit) (226,482) (197,019) --- 75 --- --- 212,699 18,984 (191,743) 944,218
     Total fund balances (deficit) (226,482) (864) --- 75 --- --- 274,690 18,984 66,403 1,202,079
Total liabilities and fund balances (deficits)  $    59,985  $  560,743  $                -  $       1,055  $                 -  $            -  $  274,730  $    18,994  $    915,507  $   2,075,222
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