CITY OF REVERE, MASSACHUSETTS
Combined Balance Sheet - All Fund Types and Account Group
June 30, 1998
(in thousands)
																Account
						Governmental fund types						Fiduciary fund types				Group
												Trust				General		Total
								Special		Capital		and		Pension		Long-term		(memorandum
Assets						General		Revenue		Projects		Agency		Trust		Obligations		only)
Cash and investments (notes 5 and 9)					$	4,707		1,386		2,478		4,484		50,340		—		63,395
Receivables:
	Property taxes					595		—		—		—		—		—		595
	Tax title and possessions					3,955		—		—		—		—		—		3,955
	Motor vehicle excise					955		—		—		—		—		—		955
	Intergovernmental					1,072		802		—		—		—		—		1,874
	Water and sewer					593		—		—		—		196		—		789
	Departmental and other					80		11		—		—		18		—		109
			Total receivables			7,250		813		—		—		214		—		8,277
Other assets						—		441		—		—		—		—		441
Amounts to be provided for the retirement of general long-term obligations						—		—		—		—		—		20,168		20,168
			Total assets		$	11,957		2,640		2,478		4,484		50,554		20,168		92,281
Liabilities and Fund Equity
Warrants and accounts payable					$	1,457		179		53		—		1		—		1,690
Payroll payable						543		—		—		—		—		—		543
Accrued liabilities:
	Tax abatements					913		—		—		—		—		—		913
	Judgments and claims (notes 7 and 10)					—		—		—		—		—		2,829		2,829
	Compensated absences (note 7)					—		—		—		—		—		2,344		2,344
	Guarantee deposits					19		—		—		104		—		—		123
Bonds and notes payable (note 7)						—		—		—		—		—		14,995		14,995
Deferred compensation liability (note 9)						—		—		—		4,294		—		—		4,294
Deferred revenue						7,250		157		—		—		—		—		7,407
			Total liabilities			10,182		336		53		4,398		1		20,168		35,138
Fund equity (deficit):
	Reserved for:
		Trust purposes				—		—		—		86		—		—		86
		Encumbrances and continuing appropriations				2,385		720		—		—		—		—		3,105
		Employees’ retirement benefits				—		—		—		—		50,553		—		50,553
	Unreserved:
		Undesignated				(610)		1,584		2,425		—		—		—		3,399
			Total fund equity			1,775		2,304		2,425		86		50,553		—		57,143
Contingencies (notes 10 and 12)
			Total liabilities and fund equity		$	11,957		2,640		2,478		4,484		50,554		20,168		92,281
See accompanying notes to general purpose financial statements.