See accompanying notes to financial statements. VILLAGE OF GRAFTON Ozaukee County, Wisconsin Balance Sheet - Governmental Funds As of December 31, 2016 Debt General Service Assets Cash and investments $ 6,524,972 $ 572,322 Receivables Taxes 2,214,716 107,762 Delinquent personal property taxes 6,286 - Accounts 185,131 - Special assessments - - Loans - - Advances to other governmental funds - 3,399 Prepaid items 96,652 - Total Assets $ 9,027,757 $ 683,483 Liabilities, Deferred Inflows of Resources, and Fund Balances Liabilities Accounts payable and accrued liabilities $ 474,346 $ - Deposits 122,318 - Due to other governments - - Advances from other governmental funds - - Total Liabilities 596,664 - Deferred Inflows of Resources Unearned revenue 5,127,968 258,915 Unavailable revenue - - Total Deferred Inflows of Resources 5,127,968 258,915 Fund Balances (Deficit) Nonspendable 102,938 - Restricted - 424,568 Committed - - Assigned 1,144,008 - Unassigned (deficit) 2,056,179 - Total Fund Balances (Deficit) 3,303,125 424,568 Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 9,027,757 $ 683,483 30