A balance sheet is an accounting tool used to summarize the financial status of a business or other entity. It generally lists assets on one side and liabilities on the other, and both sides are always in balance. Assets and liabilities are divided into short- and long-term obligations including cash accounts such as checking, money market, or government securities. At any given time, assets must equal liabilities plus owners equity. An asset is anything the business owns that has monetary value. Liabilities are the claims of creditors against the assets of the business. A balance sheet is usually prepared each month, quarter of a year, annually, or upon sale of the business, in order to show the overall condition of the company.
Net cash balance means the beginning cash balance plus cash receipts minus cash disbursements. It also refers to the amount of money in an account. It is calculated by adding the initial deposit to all subsequent deposits and then subtracting all disbursements. A positive net cash balance indicates that money is present and available in the account, while a negative one indicates that the account is overdrawn.
A cash balance plan is a type of defined benefit plan. It also includes some elements that are similar to a defined contribution plan. In a cash balance plan, the benefit amount is computed based on a formula using contribution and earning credits, and each participant has a hypothetical account.
The Maricopa Arizona Balance Sheet Support Schedule — Cash Balance is a financial document that provides a comprehensive overview of the cash balances held by the city of Maricopa, Arizona. It outlines the inflows and outflows of cash, giving a clear depiction of the city's financial position. In this support schedule, different types of cash balances may be included, such as: 1. General Fund Cash Balance: This category represents the cash available in the city's general fund, which is used to support various day-to-day operations, including public safety, infrastructure development, and administrative expenses. 2. Special Revenue Fund Cash Balance: This section displays the cash balance held in special revenue funds, which are designated for specific purposes, such as road maintenance, parks, or public transportation. These funds are often derived from dedicated revenue sources like grants or taxes. 3. Enterprise Fund Cash Balance: This category focuses on the cash balance associated with enterprise funds, which are self-supporting entities within the city government. These funds typically arise from services provided to the public, such as water utilities, wastewater treatment, or solid waste management. 4. Capital Projects Fund Cash Balance: Here, the support schedule highlights the cash balance set aside for capital improvement projects. This can include funds allocated for construction, renovation, or acquisition of long-term assets like buildings, roads, or parks. 5. Debt Service Fund Cash Balance: This section outlines the cash balance dedicated to servicing the city's debt obligations. It shows the availability of cash to make principal and interest payments on outstanding loans or bonds. The Maricopa Arizona Balance Sheet Support Schedule — Cash Balance provides an in-depth analysis of the various cash balances maintained by the city. It ensures transparency and accountability by showing the inflow and outflow of cash funds, depicting the city's financial stability and its ability to meet short-term and long-term financial commitments.The Maricopa Arizona Balance Sheet Support Schedule — Cash Balance is a financial document that provides a comprehensive overview of the cash balances held by the city of Maricopa, Arizona. It outlines the inflows and outflows of cash, giving a clear depiction of the city's financial position. In this support schedule, different types of cash balances may be included, such as: 1. General Fund Cash Balance: This category represents the cash available in the city's general fund, which is used to support various day-to-day operations, including public safety, infrastructure development, and administrative expenses. 2. Special Revenue Fund Cash Balance: This section displays the cash balance held in special revenue funds, which are designated for specific purposes, such as road maintenance, parks, or public transportation. These funds are often derived from dedicated revenue sources like grants or taxes. 3. Enterprise Fund Cash Balance: This category focuses on the cash balance associated with enterprise funds, which are self-supporting entities within the city government. These funds typically arise from services provided to the public, such as water utilities, wastewater treatment, or solid waste management. 4. Capital Projects Fund Cash Balance: Here, the support schedule highlights the cash balance set aside for capital improvement projects. This can include funds allocated for construction, renovation, or acquisition of long-term assets like buildings, roads, or parks. 5. Debt Service Fund Cash Balance: This section outlines the cash balance dedicated to servicing the city's debt obligations. It shows the availability of cash to make principal and interest payments on outstanding loans or bonds. The Maricopa Arizona Balance Sheet Support Schedule — Cash Balance provides an in-depth analysis of the various cash balances maintained by the city. It ensures transparency and accountability by showing the inflow and outflow of cash funds, depicting the city's financial stability and its ability to meet short-term and long-term financial commitments.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
