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Financial Highlights for FY 2010
The following chart is an overview of the Commission’s financial position, preceding a discussion of the agency’s financial highlights for FY 2010.
| 2010 | 2009 | |
|---|---|---|
| Condensed Balance Sheet Data | ||
| Fund Balance with Treasury | $44,321,898 | $43,961,950 |
| Accounts Receivable | 4,836 | 18,207 |
| Prepayments | 641,957 | 558,081 |
| Other (Custodial) | 2,319,934 | 1,703,220 |
| General Property, Plant and Equipment | 31,507,154 | 10,346,721 |
| TOTAL ASSETS | $78,795,779 | $56,588,179 |
| FECA Liabilities | $(256,801) | $(207,532) |
| Accounts Payable | (7,650,033) | (4,081,180) |
| Payroll, Benefits and Annual Leave | (14,460,136) | (11,529,246) |
| Custodial Liabilities | (2,319,934) | (1,703,220) |
| Depost Fund Liabilities | (22,226) | (142,279) |
| Deferred Lease Liabilities | (12,174,352) | (3,226,161) |
| Other | (7,226) | (7,513) |
| Total Liabilities | (36,890,708) | (20,897,131) |
| Cumulative Results of Operations | (11,455,579) | (491,751) |
| Unexpended Appropriations | (30,449,492) | (35,199,297) |
| Total Net Position | (41,905,071) | (35,691,048) |
| TOTAL LIABILITIES AND NET POSITION | $(78,795,779) | $(56,588,179) |
| Condensed Statements of Net Cost | ||
| Total Cost | $169,540,776 | $131,435,739 |
| Net Revenue | (71,839) | (101,965) |
| TOTAL NET COST OF OPERATIONS | $169,468,937 | $131,333,774 |
| Net Cost by Strategic Goal | ||
| Goal One - Economic Vitality | $54,230,060 | $40,713,470 |
| Goal Two - Market User and Public | 38,977,856 | 30,206,768 |
| Goal Three - Industry | 42,367,234 | 30,206,768 |
| Goal Four - Organizational Excellance | 33,893,787 | 30,206,768 |
| $169,468,937 | $131,333,774 |