AMERICAN FALLS RESERVOIR DISTRICT - Ad from 2024-01-16

AMERICAN FALLS RESERVOIR DISTRICT
Statements of Net Position
October 31, 2023 and 2022

Assets
2023
2022
Current Assets
Cash and Cash Equivalents
$
41 $
16,477
Investments
1,681,281
776,733
Interest Receivable
7,665
Prepaid Expenses
1,930
1,688
O&M Assessment Receivable
20,201
23,440
Due from Other Governments
358,234
Total Current Assets
2,069,353
818,337
Property and Equipment
Equipment
9,865
32,849
Buildings & Improvements
53,386
138,364
Land & Water Storage Rights
5,503,269
5,386,784
Less: Accumulated Depreciation
(41,638)
(132,214)
Construction in Progress
34,060
Total Property and Equipment
5,558,941
5,425,784
Deferred Outflows of Resources
Pension Obligations
44,433
59,306
Total Deferred outflows of Resources
44,433
59,306
Total Assets and Deferred Outflows of Resources
$
7,672,727 $
6,303,427
Liabilities and Net Position
Current Liabilities
Accounts Payable
$
9,147 $
3,920
Accrued Expenses
5,740
4,060
Total Current Liabilities
14,887
7,980
Noncurrent Liabilities
Net Pension (Asset) Liability
109,561
108,907
Total Noncurrent Liabilities
109,561
108,907
Total Liabilities
124,448
116,887
Deferred Inflows of Resources
Employer pension assumption
486
Total Deferred Inflows of Resources
486
Net Position
Net Investment in Capital Assets
5,558,941
5,425,784
Unrestricted
1,989,338
760,270
Total Net Position
7,548,280
6,186,054
Total Liabilities, Deferred Inflows, and Net Position
$
7,672,727 $
6,303,427
We Certify that the above is a true statement of the financial position of the American Falls Reservoir District as of
October 31, 2023, to the best of our knowledge and belief.
Debbie Falconburg, Secretary