Statements of Net Position (continued) June 30, 2020 and 2019 Liabilities, Deferred Inflows of Resources and Net Position Current liabilities: Accounts payable and accrued expenses Virginia Resources Authority (VRA) loans payable (notes 6 and 7) Customer deposits Bonds payable (notes 1j, 5 and 7) Retainage payable Accrued interest payable Bonds payable (note 5) VRA loans payable (note 6) Compensated absences (notes 1i and 8) Unearned revenue Total current liabilities Long-term liabilities: VRA loans payable (net of current portion of $6,509,966 and $6,332,379 at June 30, 2020 and 2019, respectively) (notes 6 and 7) Bonds payable (net of current portion of $3,215,000 and $3,105,000 at June 30, 2020 and 2019, respectively) (notes 1j, 5 and 7) Compensated absences (notes 1i and 8) Net pension liability (notes 8 and 9) Other postemployment benefits liability (notes 8 and 9) GLI other postemployment benefits liability (notes 8 and 9) HIC other postemployment benefits liability (notes 8 and 9) Total long-term liabilities Total liabilities Deferred inflows of resources: Deferred pension plan inflows (notes 1n and 9) Deferred OPEB inflows (note 9) Deferred GLI OPEB inflows (notes 1o and 9) Deferred HIC OPEB inflows (notes 1p and 9) Total deferred inflows of resources Total liabilities and deferred inflows of resources Net position: Net investment in capital assets Restricted for: Debt service Other purposes Customer Deposits Customer Rebate Credits Other nonmajor purposes Unrestricted Total net position Total liabilities, deferred inflows of resources and net position 949,098,154 15,638,880 2,864,213 2,732,827 32,564 382,025,829 1,352,392,467 $ 1,506,877,537 936,479,234 15,379,033 2,799,005 50,504 47,404,853 51,133,671 4,511,067 2,043,180 14,470,342 2,162,474 262,294 121,987,881 153,264,422 851,195 211,955 137,676 19,822 1,220,648 154,485,070 53,914,819 54,772,028 4,753,076 631,514 13,448,690 1,951,000 – 129,471,127 159,942,487 1,100,078 263,652 180,000 – 1,543,730 161,486,217 $ 2020 12,936,837 6,509,966 6,387,173 3,215,000 70,501 899,166 454,872 773,911 29,115 31,276,541 $ 2019 14,328,186 6,332,379 3,744,603 3,105,000 1,029,613 954,827 510,160 442,559 24,033 30,471,360 – 374,408,638 1,329,116,414 $ 1,490,602,631 STATEMENT 1 – PAGE 2 OF 2 FINANCIAL SECTION 33
Prince William County Service Authority | 4 County Complex Court Woodbridge, VA 22192
.png?v=1724343087134)
