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42 / 171

$

171,760 11,525,405 $

5,195,903 $

$

15,819,883 $

7,055,306 $

A-7 (Continued)

CITY OF MYRTLE BEACH, SOUTH CAROLINA STATEMENT OF NET ASSETS PROPRIETARY FUNDS June 30, 2010

Enterprise Funds

Baseball Stadium Fund

1,430 $

5,194,473

LIABILITIES (continued)

Noncurrent Liabilities: Compensated Absences Unreported Insurance Claims Net OPEB Obligation Capital Lease Obligations Revenue Bonds (Net) Certificates of Participation (Net) Unearned Revenue Total Noncurrent Liabilities

Total Liabilities

Water and Sewer Fund

$

77,365 $

11,276,280

$

97,440,558 $

6,334,130 $

1,832 14,102,403

210,000 525,002 (1,025,324)

$

111,544,793 $

6,043,808 $

NET ASSETS

Invested in Capital Assets, Net of Related Debt Restricted for:

Renewal and Replacement Debt Service Unrestricted

Total Net Assets

Adjustment to Reflect the Consolidation of Internal Service Fund Activities Related to Enterprise Funds

Net Assets of Business-Type Activities

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

  • -

    28 -

Municipal Golf Course Fund

22,858

22,858

1,007,661

15,877,771

(839,355)

15,038,416

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