June 30, 2006
(With Accountants' Report Thereon)
Devens Enterprise Commission
| Statement of Net Assets Proprietary Funds June 30, 2006 | |
| Assets | Enterprise |
| Current: | |
| Cash | $309,905 |
| Accounts Receivable | 15,766 |
| Prepaid Insurance | 2,148 |
| Noncurrent: | |
| Fixed Assets (Net of Accumulated Depreciation) | 5,197 |
| Total Assets | 333,016 |
| Liabilities | |
| Current: | |
| Accounts Payable | 1,000 |
| Payroll Payable | 5,285 |
| Noncurrent: | |
| Compensated Absences | 7,595 |
| Total Liabilities | 13,880 |
| Net Assets | |
| Invested in Capital Assets, Net of Related Debt | 5,197 |
| Unrestricted | 313,939 |
| Total Net Assets | $319,136 |