CITY OF REVERE, MASSACHUSETTS

Combined Balance Sheet - All Fund Types and Account Group

June 30, 1994

        Governmental Fund Types Fiduciary Fund Types Account
Group		  
Assets   General Special
Revenue		 Capital
Projects		 Trust
and
Agency		 Pension
Trust		 General
Long-term
Obligations		 Total
(Memorandum
only)
Cash and investments (note 5) $ 2,668,792 173,627 -     144,172 32,124,541 -     35,111,132
Receivables:                
  Property taxes   927,809 -     -     -    -     -     927,809
  Tax title and possessions   8,926,532 -     -     -    -     -     8,926,532
  Motor vehicle excise   1,147,958 -     -     -    -     -     1,147,958
  Intergovernmental   -     120,748 -     -    -     -     120,748
  Departmental and water and sewer   2,779,439 -     -     -    -     -     2,779,439
  Other   -     23,251 -     -    238,692 -     261,943
    Total receivables   13,781,738 143,999 -     -    238,692 -     14,164,429
Due from other funds (note 9)   -     1,329,214 707,548 -    356,246 -     2,393,008
Other assets   -     492,623 -     -    -     -     492,623
Amounts to be provided for the retirement of general long-term obligations   -     -     -     -    -     10,296,591 10,296,591
    Total assets $ 16,450,530 2,139,463 707,548 144,172 32,719,479 10,296,591 62,457,783
Liabilities and Fund Equity (Deficit)                
Warrants and accounts payable $ 189,227 123,281 380,790 -    26 -     693,324
Payroll withholdings payables   539,363 -     -     -    -     -     539,363
Accrued liabilities:                
  Tax abatements   866,228 -     -     -    -     -     866,228
  Judgments and claims (notes 7 and 11)   -     -     -     -    -     840,000 840,000
  Compensated absences   -     -     -     -    -     1,675,345 1,675,345
  Guarantee deposits   -     -     -     127,829 -     -     127,829
Due to other funds (note 9)   2,036,762 -     -     -    -     356,246 2,393,008
General long-term bonds and notes payable (note 7)   -     134,004 -     -    -     7,425,000 7,559,004
Deferred revenue   13,707,622 -     -     -    -     -     13,707,622
  Total liabilities   17,339,202 257,285 380,790 127,829 26 10,296,591 28,401,723
Fund equity (deficit):                
  Reserved for:                
    Encumbrances and continuing appropriations   2,066,618 1,882,178 1,437,678 16,343 -     -     5,402,817
    Employees' retirement benefits   -     -     -     -    32,719,453 -     32,719,453
  Unreserved:                  
    Undesignated   (2,955,290) -     (1,110,920) -    -     -     (4,066,210)
    Total fund equity (deficit) (note 8)   (888,672) 1,882,178 326,758 16,343 32,719,453 -     34,056,060
Contingencies (note 11)                
    Total liabilities and fund equity $ 16,450,530 2,139,463 707,548 144,172 32,719,479 10,296,591 62,457,783