My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
AG 2007 05 21
CabarrusCountyDocuments
>
Public Meetings
>
Agendas
>
BOC
>
2007
>
AG 2007 05 21
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/3/2008 3:42:21 PM
Creation date
11/27/2017 11:30:33 AM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
5/21/2007
Board
Board of Commissioners
Meeting Type
Regular
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
330
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
PIEDMONT AREA MENTAL HEALTH, <br />DEVELOPMENTAL DISABILITIES AND SUBSTANCE ABUSE AUTHORITY <br />NOTES TO FINANCIAL STATEMENTS <br />JUNE 30, 2006 <br />NOTE 2 DETAIL NOTES ON ALL FUNDS (CONTINUED) <br />A. Assets (continued) <br />t. Deposits (continued) <br />At June 30, 2005, the Authority's deposits had a carrying amount of $3,290,046 and a bank <br />balance of $3,798,902. Of the bank balance, $100,000 was covered by federal depository <br />insurance; $3,698,902 in interest bearing deposits were covered by collateral held under <br />the Pooling Method. <br />At June 30, 2006, the Authority had cash on had of $850. <br />2. Investments <br />At June 30, 2006, the Authority's investments of $32,654,051 consisted solely of deposits <br />in the NC Capital Management Trust Cash Portfolio, an SEC-registered (2a-7) money <br />market mutual fund. <br />Interest Rate Risk: The Center has no policy on interest rate risk. <br />Credit Risk: The Center's investment in the NC Capital Management Trust Cash Portfolio <br />carried a credit rating of AAAm by Standard & Poor's as of June 30, 2006. <br />Custodial Credit Risk: The Center has no policy on custodial credit risk. <br />The Authority's investments in the North Carolina Capital Management Trust are exempt <br />from risk categorization because the Authority does not own any identifiable securities in <br />these mutual funds. <br />3. Receivables <br />Receivables at the government-wide level at June 30, 2006, were as follows: <br />Governmental Activities <br />Fees Governments <br />Total <br />General $ 7,960,768 $ 84,226 $ 8,044,994 <br />Total Receivables 7,960,768 84,226 8,044,994 <br />Less Allowance for Doubtful Accounts <br />and Contractual Adjustments (2,795,685) - (2,795,685) <br />Total-Governmental Activities $ 5,165,083 $ 84,226 $ 5,249,309 <br />The Authority's accounts receivable are presented net of the allowance for uncollectible <br />accounts and contractual adjustments of $2,795,685. <br />(22) <br />G~~~ <br />
The URL can be used to link to this page
Your browser does not support the video tag.