PATTON TOWNSHIP STATEMENT OF NET ASSETS AT DECEMBER 31, 2023 ASSETS ASSETS Cash and investments $ 15,126,501 Cash and investments $ 15,560,538 Receivables: Receivables: Taxes 239,039 Taxes 2 221,254 Accounts Receivable 291,214 Accounts Receivable 221,355 Due from other Funds 1,891,360 Due from other Funds 1,975,635 Other Current Assets - Other Current Assets Fixed assets, net of accumulated Fixed assets, net of accumulated depreciation 28,414,844 depreciation 31,640,605 Other Debits 6,964,869 Other Debits 5,219,372 Total assets $ 52,927,827 Total assets $ 54,838,759 LIABILITIES - Accrued Liabilities $ 99,064 LIABILITIES All other Current Liabilities 1,227,132 Accrued Liabilities $ 171,031 Due to other Funds 1,891,360 All other Current Liabilities 665,658 Long Term Liabilities 6,073,053 Due to other Funds 1,975,635 Current Portion of Long Term Debt 891,816 Long Term Liabilities 4,397,259 Total liabilities Current Portion of Long Term Debt 822,113 $ 10,182,425 Total liabilities $ 8,031,696 NET ASSETS NET ASSETS Investment in Fixed Assets, net of Investment in Fixed Assets, related debt 28,414,844 net of related debt 31,640,605 Fund Balance -Restricted 14,448,856 Fund Balance 15,166,458 Fund Balance (118,298) Total Net Assets 46,807,063 Total Net Assets 42,745,402 Total liabilities and net assets $ 54,838,759 Total liabilities and Revenues: net assets $ 52,927,827 Taxes $ 9,541,404 Revenues: Licenses and permits 330,441 Taxes $ 8,601,330 Fines 40,673 Licenses and permits 302,036 Intergovernmental 1,701,925 Fines 48,942 Interest, rents and investment gains 2,114,367 Intergovernmental 3,031,366 Charges for service 50,373 Interest, rents and investment gains 2,023,180 Unclassified Operating Revenues 1,078,914 Charges for service 65,087 Other Financing Sources 1,153,420 Unclassified Operating Revenues 501,520 Other Financing Sources 847,400 Total revenues $ 16,011,517 Total revenues $ 15,420,861 Expenditures: Expenditures: General Government $ 1,980,859 General Government $ 1,763,757 Public Safety 4,848,815 Public Safety 4,553,293 Public Works 3,210,134 Public Works 4,470,937 Culture and Recreation 1,698,607 Culture and Recreation 2,174,080 Health and Human Services 48,064 Health and Human Services 215,085 Community Development 33,898 Community Development 19,232 Debt service 1,033,682 Debt service 1,028,528 Employer Paid Benefits & Withholding 429,380 Unclassified Operating Expenditures 1,211,465 Insurance 116,463 Other Financing Uses 681,873 Unclassified Operating Expenditures 1,956,051 Total expenditures $ 16,118,250 Other Financing Uses 1,057,050 Change in net assets $ (697,389) Net assets, beginning of year 43,442,791 Total expenditures $ 16,413,003 Net assets, end of year $ 42,745,402 Change in net assets $ (401,486) Net assets, beginning of year 47,208,549 ************ Net assets, end of year $ 46,807,063