PRINCE WILLIAM COUNTY SERVICE AUTHORITY Statements of Net Position June 30, 2020 and 2019 Assets and Deferred Outflows of Resources Current assets: Cash and cash equivalents (notes 1c and 2) Unrestricted Restricted Investments (notes 1d and 2) Unrestricted Restricted Receivables User and development charges (net of allowance for uncollectibles of $215,283 and $100,000 at June 30, 2020 and 2019, respectively) Unbilled water and sewer service (note 1k) Interest Unrestricted Restricted Other receivables Materials and supplies inventory (note 1e) Prepaid expenses (note 1f) Total current assets Non-current assets: Investments (notes 1d and 2) Unrestricted Property, plant and equipment, net of accumulated depreciation and amortization (notes 1g and 3) Equity in Upper Occoquan Service Authority (notes 1h and 4) Total non-current assets Total assets Deferred outflows of resources: Deferred charges on refunding (note 5) Deferred pension outflows (notes 1n and 9) Deferred OPEB outflows (note 9) Deferred GLI OPEB outflows (notes 1o and 9) Deferred HIC OPEB outflows (notes 1p and 9) Total deferred outflows of resources Total assets and deferred outflows of resources See accompanying notes to financial statements. 8,121,740 6,788,223 1,371,947 51 277,324 5,382,787 1,162,283 254,460,551 7,685,504 5,720,829 1,273,625 31,657 308,385 3,838,295 871,794 336,077,094 2020 $ 68,748,038 21,268,434 141,339,724 – $ 2019 7,928,294 15,284,885 290,221,826 2,912,000 134,553,132 1,055,269,955 53,374,737 1,243,197,824 1,497,658,375 2,091,689 5,476,565 956,163 594,120 100,625 9,219,162 $ 1,506,877,537 38,067,334 1,052,232,442 57,417,346 1,147,717,122 1,483,794,216 2,371,018 3,748,344 312,533 376,520 – 6,808,415 $ 1,490,602,631 32 FINANCIAL SECTION STATEMENT 1 – PAGE 1 OF 2
Prince William County Service Authority | 4 County Complex Court Woodbridge, VA 22192
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