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CITY OF SUNNY ISLES BEACH, FLORIDA <br />STATEMENT OF NET POSITION - <br />PROPRIETARY FUND <br />SEPTEMBER 30, 2023 <br />Noncurrent assets: <br />Stormwater <br />Capital assets not being depreciated <br />Fund <br />Assets: <br />13,747,665 <br />Current assets: <br />14,529,659 <br />Cash and cash equivalents <br />$ 1,475,387 <br />Investments <br />1,128,718 <br />Accounts receivable, net <br />126,822 <br />Interest receivable <br />6,271 <br />Total Current Assets <br />2,737,198 <br />Noncurrent assets: <br />Capital assets not being depreciated <br />781,994 <br />Capital assets, net of accumulated depreciation <br />13,747,665 <br />Total Noncurrent Assets <br />14,529,659 <br />Total Assets <br />17,266,857 <br />Deferred Outflows of Resources: <br />446,904 <br />Deferred outflows related to pensions <br />86,737 <br />Deferred outflows related to OPEB <br />11,146 <br />Total Deferred Outflows of Resources <br />97,883 <br />Liabilities: <br />46,026 <br />Current liabilities: <br />Accounts payable <br />32,273 <br />Accrued liabilities <br />13,114 <br />Compensated absences, current portion <br />2,511 <br />Total Current Liabilities <br />47,898 <br />Noncurrent liabilities: <br />Compensated absences <br />22,603 <br />Total OPEB Liability <br />38,986 <br />Net pension liability <br />337,417 <br />Total Noncurrent Liabilities <br />399,006 <br />Total Liabilities <br />446,904 <br />Deferred Inflows of Resources: <br />Deferred inflows related to pensions <br />13,112 <br />Deferred inflows related to OPEB <br />32,914 <br />Total Deferred Inflows of Resources <br />46,026 <br />Net Position: <br />Net investment in capital assets <br />14,529,659 <br />Unrestricted <br />2,342,151 <br />Total Net Position <br />$ 16,871,810 <br />The accompanying notes to basic financial statements are an integral part of these statements. <br />23 <br />