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FY2021 ACFR
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FY2021 ACFR
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1/19/2022 2:22:09 PM
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1/19/2022 2:20:03 PM
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1/19/2022
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EXHIBIT 6PAGE 2 OF 2CABARRUS COUNTY, NORTH CAROLINASTATEMENT OF NET POSITIONPROPRIETARY FUNDSJUNE 30, 2021Business‐type GovernmentalActivities ActivitiesLandfill InternalEnterprise ServiceFund FundsLIABILITIES (continued)Noncurrent liabilities: Net pension liability112,361 ‐ Claims payable‐ 1,618,554 Landfill closure | post closure costs3,565,222 ‐ Compensated absences 7,929 ‐ Total OPEB liability164,546 ‐ Total noncurrent liabilities3,850,058 1,618,554 Total liabilities4,027,414 1,938,521 DEFERRED INFLOWS OF RESOURCES Pension deferrals282 ‐ OPEB deferrals42,075 ‐ Total deferred inflows of resources42,357 ‐ NET POSITION Net Investment in capital assets2,129,154 9,888 Unrestricted3,275,892 11,239,160 Total net position5,405,046$ 11,249,048$ The notes to the financial statements are an integral part of this statement.36
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