Statement of Financial Position
Madison State Hospital
Statement of Financial Position
Period Ending June 30, 2005
| Current Assets | |||
|---|---|---|---|
| Accounts Receivable | 81,957,060.86 | ||
| Less: Allowance for Uncollectible Accounts |
72,844,427.73 | 9,112,633.13 | |
| Prepaid Expenses: | |||
| Postage | 0.00 | ||
| Subscriptions | 0.00 | 0.00 | |
| Inventories: | |||
| Drugs | 159,600.00 | ||
| Food | 14,297.29 | 173,897.29 | |
| Allotments Unencumbered: | |||
| General Fund | 0.00 | ||
| Bonus | 0.00 | ||
| Preventative Maintenance | 1,383,729.27 | ||
| Federal Grants | 84,468.27 | ||
| Special Projects | 161,007.04 | ||
| Donations | 0.00 | 1,629,204.58 | |
| Allotments Encumbered: | |||
| General Fund | 92,533.98 | ||
| Bonus | 0.00 | ||
| Preventative Maintenance | 139,859.57 | ||
| Federal Grants | 0.00 | ||
| Special Projects | 0.00 | ||
| Investments | 0.00 | 232,393.55 | |
| 11,148,128.55 | |||
| Total Current Assets | |||
| Property, Plant and Equipment | |||
| Land Improvements | 560,479.95 | ||
| Land Investments | 91,613.00 | ||
| Building Improvements | 13,677,891.17 | ||
| Building Investments | 14,160,590.28 | ||
| Fixed Equipment | 5,089,870.65 | ||
| Major Moveable Equipment | 4,753,560.74 | ||
| Const in Progress | 2,219,661.60 | 40,553,667.39 | |
| Less Accumulated Depreciation | 22,212,916.67 | ||
| Total Property, Plant, and Equipment | 18,340,750.72 | ||
| 509,726.58 | |||
| Total Assets | 29,488,879.27 | ||
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable: | |||
| General Fund | 0.00 | ||
| Preventative Maintenance | 0.00 | 0.00 | |
| Accrued Expenses: | |||
| Wages | 749,064.22 | ||
| Vacation Pay | 823,819.80 | 1,572,884.02 | |
| Deferred Revenue: | |||
| General Fund | 85,086.08 | ||
| Bonus | 0.00 | ||
| Preventive Maintenance | 1,650,550.82 | ||
| Federal Grants | 94,227.15 | ||
| Special Projects | 161,007.04 | ||
| Donations | 0.00 | 1,990,871.09 | |
| Total Current Liabilities | 3,563,755.11 | ||
| Other Liabilities: | |||
| State/DMHA Indirect Cost Clearing | 659,876.00 | ||
| Revenue Due State Treasurer | 9,112,633.13 | 9,772.509.13 | |
| Total Other Liabilities | 9,772,509.13 | ||
| Total Liabilities | 13,336,264.24 | ||
| Fund Balance: | |||
| General Fund | (1,369,763.52 | ||
| Preventative Maintenance | 0.00 | ||
| Investment in Plant | 19,613,357.59 | 18,243,594.07 | |
| Change in Net Assets Current Year | (2,090,979.04) | ||
| Ending Fund Balance | 16,152,615.03 | ||
| Total Liabilities and Fund Balance | 29,488,879.27 |
