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A-3 (Continued)

CITY OF MYRTLE BEACH, SOUTH CAROLINA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2010

General

Convention

Fund

Center Fund

Hospitality Fee Fund

LIABILITIES AND FUND BALANCES (continued)

Designated for Ocean Front Improvements

410,202

Undesignated

7,067,216

$

7,965,483 $

(808,736) $

455,920 $

$

13,015,115 $

17,233,767 $

1,498,366 $

$

Fund Balances (Deficit): Reserved for: Long-Term Receivable Inventories Prepaid Assets Advance to Other Fund Narcotics Law Enforcement Library PUD Improvements Tourism Bond Projects Certificates of Participation Tax Increment Revenue Bonds Storm Water Revenue Bonds Debt Service Unreserved, Reported in: General Fund:

Special Revenue Funds: Designated for Capital Replacement Undesignated Capital Projects Fund: Designated for Disaster Recovery Undesignated Total Fund Balances (Deficit)

Total Liabilities and Fund Balances

(812,032)

455,920

$

3,296

$

121,150 12,858

249,437 104,620

$

The accompanying notes are an integral part of the financial statements.

  • -

    18 -

Local Option Tourism Fee Fund

4,883,067

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