CITY OF MORGANTOWN

COMBINED BALANCE SHEET - ALL FUND TYPES

June 30, 2004

GOVERNMENTAL FUND TYPE

Special Capital

General Revenue Escrow

ASSETS

Cash $1,124,127.20 $231,476.50 $138,735.78

Taxes Receivable, Net 35,492.86

Other Receivables 144,741.84 262,629.31

Inventory

Prepaid Expenses 102,445.82 9,417.42

Investments 80,872.20 2,208,197.42

TOTAL ASSETS $1,406,807.72 $321,766.12 $2,609,562.51

LIABILITIES

Accounts Payable $116,834.95 $165,151.36 $139,163.57

Accrued Payroll Liabil 225,902.40 70,903.51

Other Current Liabilit 4,917.50 87,829.94 0.00

TOTAL LIABILITIES 347,654.85 323,884.81 139,163.57

FUND EQUITY

Unreserved 1,059,152.87 (9,445.87)

Reserved 7,327.18 2,470,398.94

TOTAL FUND EQUITY 1,059,152.87 (2,118.69)2,470,398.94

TOTAL LIABILITIES &

FUND EQUITY $1,406,807.72 $321,766.12 $2,609,562.51

FIDUCIARY

PROPRIETARY FUND TYPE FUND TYPE TOTAL

Internal Pension (Memorandum

Enterprise Service Trust Only)

ASSETS

Cash $1,084,495.26 $432,645.34 $4,748.92 $3,016,229.00

Taxes Receivable, Net 35,492.86

Other Receivables 29,108.27 22,854.81 459,334.23

Inventory 33,219.32 33,219.32

Prepaid Expenses 111,863.24

Investments 1,731,972.13 42,385,303.3546,406,345.10

TOTAL ASSETS $2,878,794.98 $455,500.15 $42,390,052.2$50,062,483.7

LIABILITIES

Accounts Payable $284,409.07 $568.41 $21,914.23 $728,041.59

Accrued Payroll Liabil 25,242.57 322,048.48

Other Current Liabilit 143,418.16 236,165.60

TOTAL LIABILITIES 453,069.80 568.41 21,914.23 1,286,255.67

FUND EQUITY

Unreserved 1,875,477.14 $2,925,184.14

Reserved 550,248.04 454,931.74 42,368,138.04 45,851,043.94

TOTAL FUND EQUITY 2,425,725.18 454,931.74 42,368,138.04 48,776,228.08

TOTAL LIABILITIES &

FUND EQUITY $2,878,794.98 $455,500.15 $42,390,052.2$50,062,483.7