Comprehensive Annual Financial Report - Fiscal Year ended 6/30/2017

COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS June 30, 2017 Special Capital Total Nonmajor Revenue Project Governmental Funds Funds Funds ASSETS Cash and cash equivalents 51,719,848 $ 107,997,304 $ 159,717,152 $ Assessments receivable, net of allowance for uncollectibles of $135,321 - 746,172 746,172 Due from other funds 32,232 972,557 1,004,789 Due from other governmental agencies 8,933,594 2,412,882 11,346,476 Accrued interest receivable 164,952 335,783 500,735 Other receivables and assets 822 - 822 Sales tax receivable 87,371 959,244 1,046,615 Loans receivable, net of allowance for uncollectibles of $6,637,327 60,857,198 - 60,857,198 Assets held for resale - 11,625,378 11,625,378 Cash and cash equivalents/investments - restricted deposits and bond proceeds 12,314,726 101,172,920 113,487,646 Total assets 134,110,743 $ 226,222,240 $ 360,332,983 $ LIABILITIES Accounts payable 978,130 $ 15,215,576 $ 16,193,706 $ Accrued salaries and employee payroll taxes 43,177 170 43,347 Sales tax payable 464 4,329 4,793 Loan servicing escrow 271,992 - 271,992 Other liabilities - 15,909 15,909 Due to other funds 456,504 2,701,712 3,158,216 Reimbursable facility fees - 5,938,926 5,938,926 Escrow and other deposits payable from restricted assets - 2,730,996 2,730,996 Total liabilities 1,750,267 26,607,618 28,357,885 DEFERRED INFLOWS OF RESOURCES Unearned revenue 1,402,201 4,190,274 5,592,475 Assessments receivable - 746,172 746,172 Prepaid assessments - 6,653 6,653 Total deferred inflows of resources 1,402,201 4,943,099 6,345,300 FUND BALANCES Nonspendable: Assets held for resale - 11,625,378 11,625,378 Loans receivable 60,857,198 - 60,857,198 Restricted: Debt service 42,757,974 - 42,757,974 Public safety 298,098 - 298,098 Assigned: Subsequent year's appropriation 9,922,075 123,503,326 133,425,401 City projects - 59,542,819 59,542,819 Community development 12,196,052 - 12,196,052 Disaster recovery 4,926,878 - 4,926,878 Total fund balances 130,958,275 194,671,523 325,629,798 Total liabilities, deferred inflows of resources and fund balances 134,110,743 $ 226,222,240 $ 360,332,983 $ City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 82 __________________________________________________________

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