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TOWN OF BOSTON, NEW YORK Balance Sheet—Governmental Funds December 31, 2024 Total Highway— Fire Garbage and Capital Nonmajor Governmental General Town Wide Protection Water Refuse Projects Funds Funds ASSETS Cash and cash equivalents $ 1,975,359 $ 1,138,469 $ 177,606 $ 759,865 $ 355,813 $ - $ 107,533 $ 4,514,645 Restricted cash and cash equivalents 488,835 317,538 - 387,651 - 2,645,500 139,076 3,978,600 Restricted investments - - 2,601,939 - - - 691,188 3,293,127 Receivables 28,900 - - - - - - 28,900 Taxes recievable 1,500 1,500 Intergovernmental receivables 37,038 77,312 - - 211 - - 114,561 Lease receivable 710,959 710,959 Prepaid items 35,242 15,042 - - - - - 50,284 Total assets $ 3,277,833 $ 1,548,361 $ 2,779,545 $ 1,147,516 $ 356,024 $ 2,645,500 $ 937,797 $ 12,692,576 LIABILITIES Accounts payable $ 132,082 $ 117,611 $ 130 $ 9,764 $ 155,282 6,816 $ 2,933 $ 424,618 Accrued liabilities 26,793 21,485 - - - - - 48,278 Bond anticipation notes payable - - - - - 3,758,000 - 3,758,000 Unearned revenue 5,064 - - - - - - 5,064 Total liabilities 163,939 139,096 130 9,764 155,282 3,764,816 2,933 4,235,960 DEFERRED INFLOWS OF RESOURCES Deferred inflows—leases receivable 560,190 - - - - - - 560,190 Deferred inflows—taxes receivable 1,500 - - - - - - 1,500 Total deferred inflows of resources 561,690 - - - - - - 561,690 FUND BALANCES (DEFICIT) Nonspendable 35,242 15,042 - - - - - 50,284 Restricted 483,771 317,538 2,601,939 387,651 - - 830,264 4,621,163 Assigned 527,375 1,076,685 177,476 750,101 200,742 - 104,600 2,836,979 Unassigned 1,505,816 - - - - (1,119,316) - 386,500 Total fund balances (deficit) 2,552,204 1,409,265 2,779,415 1,137,752 200,742 (1,119,316) 934,864 7,894,926 Total liabilities and fund balances (deficit) $ 3,277,833 $ 1,548,361 $ 2,779,545 $ 1,147,516 $ 356,024 $ 2,645,500 $ 937,797 $ 12,692,576 The notes to the financial statements are an integral part of this statement. - 12 -