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Nil <br />Reconciliation • the • Funds Balance Sheet <br />to the Government -Wide Statement • Net Position <br />June 30, 2020 <br />Total fund balances - total governmental funds $ 431736)797 <br />Amounts reported for governmental activities in the Government -Wide Statement of Net <br />Position were different because: <br />In governmental funds, only current assets were reported. In the statement of net <br />position, all assets are reported, including capital assets and accumulated <br />depreciation. <br />Nondepreciable capital assets $ 51,643,299 <br />Depreciable capital assets, net 39,545,543 91,188,842 <br />Investment in joint venture has not been included as a financial resource in the <br />governmental funds. 42,652,824 <br />Long-term liabilities are not due and payable in the current period. Therefore, they are <br />not reported in the governmental funds balance sheet. <br />Claims payable (822,904) <br />Compensated absences (1,483,450) <br />Net OPEB liability/(asset) 114,299 <br />Net pension liability (14,793,439) (16,985,494) <br />Certain actuarially determined gains and losses, and current year payments to the net <br />pension liability are deferred and are not reported on the governmental funds balance <br />s heet. <br />Deferred outflows of resources - pension/OPEB <br />Deferred inflows of resources - pension/OPEB <br />Net position of governmental activities <br />2,124, 744 <br />(3,729,496) (1,604,752) <br />$ 158)9881217 <br />The accompanying notes are an integral part of these financial statements. <br />20 <br />