storage tanks or underground storage tanks systems, in order to protect the environment, including drinking water supplies and public health.
Narragansett Bay Commission (NBC) - created for the purposes of acquiring, planning, constructing, extending, improving, operating and maintaining publicly owned wastewater treatment facilities.
Rhode Island Health and Educational Building Corporation (RIHEBC) – created: (1) to assist in providing financing for education facilities for colleges and universities operating in the state; (2) to assist hospitals in the state in the financing of health care facilities; (3) to assist stand-alone, non-profit assisted-living and adult daycare facilities; (4) to assist in financing a broad range of non-profit health care providers; and (5) to assist in financing non-profit secondary schools and child care centers.
Rhode Island Resource Recovery Corporation (RIRRC) created in order to provide and/or coordinate solid waste management services to municipalities and persons within the state. RIRRC has the power to issue negotiable bonds and notes to achieve its corporate purpose.
Rhode Island Higher Education Assistance Authority (RIHEAA) - created by law in 1977 for the dual purpose of guaranteeing loans to students in eligible institutions and administering other programs of post secondary student financial assistance.
148
transportation system if that system has previously filed a petition to discontinue its service and further, if RIPTA determines it is in the public interest to continue such.
Rhode Island Industrial Facilities Corporation (RIIFC) - created to issue revenue bonds, construction loan notes and equipment acquisition notes for the financing of projects which further industrial development in the state.
Rhode Island Clean Water Finance Agency (RICWFA) created for the purpose of providing financial assistance in the form of loans to municipalities, sewer commissions and waste water management districts in the state for the construction or upgrading of water pollution abatement projects.
Rhode Island Industrial-Recreational Building Authority (RIIRBA) created to insure first mortgages and first security agreements granted by financial institutions and the Rhode Island Industrial Facilities Corporation for companies conducting business in the State.
Rhode Island Water Resources Board Corporate (RIWRBC) - created to foster and guide the development of water resources including the establishment of water supply facilities and lease these facilities to cities, towns, districts, and other municipal, quasi-municipal or private corporations engaged in the water supply business in the State.
Rhode Island Public Telecommunications Authority (RIPTCA) – created to operate a non- commercial educational television station in the state.
Rhode Island Children's Crusade for Higher Education (RICCHE) - created for the purpose of fostering the education of economically disadvantaged youth through scholarship awards, summer jobs programs, and mentoring programs for parents and students.
University of Rhode Island (URI), Rhode Island College (RIC) and Community College of Rhode Island (CCRI) – collectively these three institutions are the higher education system of the State.
Central Falls School District (CFSD) – created to provide elementary and secondary education to residents of the City of Central Falls.
For more detailed information, contact the applicable administration office as listed in Note 1(B).
Assets
Current Assets:
Cash and cash equivalents $ 208,256 $ 1,340 $ 6,515 $ 64,558 $ 1,467 $ 15,879
Investments 152,995
Receivables (net) 25,705 68,833 236 11,823 159 18,789
Restricted assets:
Cash and cash equivalents 176,868
Investments 5,309
Due from primary government
Due from other governments 3,221
Inventories
Other assets 8,625 1,121 91 530 1 218
Total current assets 395,581 253,471 6,842 80,132 1,627 34,886
Noncurrent Assets:
Investments 327,680 28,099 29,594
Receivables (net) 1,045,706 643,155 68 5,743
Restricted assets:
Cash and cash equivalents 1,831 166,813 50,027
Investments 4,327 943
Other assets 37,447
Capital assets - nondepreciable 9,387 109,053 332,877
Capital assets - depreciable (net) 17 60,483 242,162 38 218,027
Other assets, net of amortization 23,971 3,519 174 6,403 4 5,059
Total noncurrent assets 1,397,357 646,691 104,369 598,158 42 605,990
Total assets 1,792,938 900,162 111,211 678,290 1,669 640,876
Liabilities
Current liabilities:
Cash overdraft 714
Accounts payable 2,709 1,085 17,288
Due to primary government 2,915
Due to (from) other component units (632)
Due to other governments 435
Deferred revenue 4,550 766
Other liabilities 216,198 4,227 454 7,774 15 2,536
Current portion of long-term debt 184,914 4,350 1,975 23,586 12,737
Total current liabilities 401,112 14,276 5,904 34,728 15 32,561
Noncurrent liabilities:
Due to primary government 12,532
Due to other governments Deferred revenue
Notes payable 781
Loans payable 236,681
Obligations under capital leases 2,615 261
Other liabilities 4,926 24,393 5,779 95
Compensated absences
Bonds payable 1,108,107 789,552 27,844 348,278 114,650
Total noncurrent liabilities 1,113,033 813,945 27,844 369,985 351,687
Total liabilities 1,514,145 828,221 33,748 404,713 15 384,248
Net assets
Invested in capital assets, net of related debt 9,951 17 37,600 134,408 38 186,576 Restricted for:
Debt 168,915 71,200 8,931
Other 96,455 85
Other nonexpendable
Unrestricted 99,927 724 30,932 42,714 1,616 69,967
Total net assets $ 278,793 $ 71,941 $ 77,463 $ 273,577 $ 1,654 $ 256,628
(Continued)
Assets
Current Assets:
Cash and cash equivalents Investments
Receivables (net) Restricted assets:
Cash and cash equivalents Investments
Due from primary government Due from other governments Inventories
Other assets Total current assets Noncurrent Assets:
Investments Receivables (net) Restricted assets:
Cash and cash equivalents Investments
Other assets
Capital assets - nondepreciable Capital assets - depreciable (net) Other assets, net of amortization
Total noncurrent assets Total assets
Liabilities
Current liabilities: Cash overdraft Accounts payable Due to primary government Due to (from) other component units Due to other governments
Deferred revenue Other liabilities
Current portion of long-term debt Total current liabilities Noncurrent liabilities:
Due to primary government Due to other governments Deferred revenue Notes payable Loans payable
Obligations under capital leases Other liabilities
Compensated absences Bonds payable
Total noncurrent liabilities Total liabilities
Net assets
Invested in capital assets, net of related debt Restricted for:
Debt Other
Other nonexpendable Unrestricted
Total net assets
$ 276 $ 1,506 $ 11,454 $ 6,777 $ 634 3,720 9,007 806 775 7,621 33 3,967 6 2,947 3,457 478 2,534 39 2,278 186 158 4,810 14,352 21,158 17,699 640 3,901 4,302 224 573 633 1,840 68,738 8,078 194 2,834 65 61,333 1,086 90,149 30,030 4,367 170,019 5,978 92,983 633 9,177 184,371 27,136 110,682 1,273 302 10,521 594 5,176 3,000 570 265 12 224 131 1,061 4,790 2,435 120 433 17,017 979 9,978 794 441 395 333 1,875 71,863 9,437 279 16,138 89,876 1,115 9,770 433 106,893 2,094 19,748 794 65 77,967 1,280 92,983 1,687 18,533 8,679 (2,176) 5,229 (2,049) 479 $ 8,744 $ 77,478 $ 25,042 $ 90,934 $ 479 (Continued) RIRRC
Assets
Current Assets:
Cash and cash equivalents Investments
Receivables (net) Restricted assets:
Cash and cash equivalents Investments
Due from primary government Due from other governments Inventories
Other assets Total current assets Noncurrent Assets:
Investments Receivables (net) Restricted assets:
Cash and cash equivalents Investments
Other assets
Capital assets - nondepreciable Capital assets - depreciable (net) Other assets, net of amortization
Total noncurrent assets Total assets
Liabilities
Current liabilities: Cash overdraft Accounts payable Due to primary government Due to (from) other component units Due to other governments
Deferred revenue Other liabilities
Current portion of long-term debt Total current liabilities Noncurrent liabilities:
Due to primary government Due to other governments Deferred revenue Notes payable Loans payable
Obligations under capital leases Other liabilities
Compensated absences Bonds payable
Total noncurrent liabilities Total liabilities
Net assets
Invested in capital assets, net of related debt Restricted for:
Debt Other
Other nonexpendable Unrestricted
Total net assets
$ 53,513 $ 1,556 $ 3,945 $ 417 $ 59 48,988 686 6,613 37,064 4 218 491 1,064 1,898 389 143,899 21 131 950 3 18 285,493 1,560 5,113 1,618 8,143 1,723 584,044 181 821 43 382 3 6,453 40 5,381 3,165 98 71 589,468 563 4,891 7,372 111 874,961 2,123 10,004 8,990 8,254 519 9 253 1,418 654 62 583 69 6,323 6 166 87 1,999 21,830 1,606 761 28,672 68 2,364 1,824 3,417 489 1 1,654 730 212 527,370 11,091 528,100 11,092 2,355 556,772 68 13,456 4,179 3,417 43 563 4,369 40 303,586 (3,744) 389 14,560 1,492 292 442 4,408 $ 318,189 $ 2,055 $ (3,452) $ 4,811 $ 4,837 (Continued)
Assets
Current Assets:
Cash and cash equivalents Investments
Receivables (net) Restricted assets:
Cash and cash equivalents Investments
Due from primary government Due from other governments Inventories
Other assets Total current assets Noncurrent Assets:
Investments Receivables (net) Restricted assets:
Cash and cash equivalents Investments
Other assets
Capital assets - nondepreciable Capital assets - depreciable (net) Other assets, net of amortization
Total noncurrent assets Total assets
Liabilities
Current liabilities: Cash overdraft Accounts payable Due to primary government Due to (from) other component units Due to other governments
Deferred revenue Other liabilities
Current portion of long-term debt Total current liabilities Noncurrent liabilities:
Due to primary government Due to other governments Deferred revenue Notes payable Loans payable
Obligations under capital leases Other liabilities
Compensated absences Bonds payable
Total noncurrent liabilities Total liabilities
Net assets
Invested in capital assets, net of related debt Restricted for:
Debt Other
Other nonexpendable Unrestricted
Total net assets
$ 42,980 $ 17,285 $ 6,599 $ 5,248 $ 450,264 4,120 485 730 228,150 21,014 5,956 2,616 59 206,433 182,102 149,208 3,457 3,699 2,555 1,341 1,709 17,399 68,114 23,726 11,286 7,016 1,243,267 84,835 14,331 1,305 491,468 13,299 4,266 130 2,300,937 23 3,365 1,425 224,690 7,110 58,832 721 714 166,452 60,704 4,600 1,491 530,220 252,596 52,874 47,555 3,631 1,036,937 8,333 2,334 88,542 478,622 82,491 52,620 3,631 4,846,356 546,736 106,217 63,906 10,647 6,089,623 714 25,318 4,281 3,702 2,465 75,640 2,536 9,105 700 11,048 2,213 1,695 21,160 438 3,257 176 3,230 252,868 4,780 3,720 3,864 250 266,928 41,584 13,471 11,973 5,945 627,115 9,447 21,979 3,860 4,301 1,217 1,920 4,576 1,557 148 250 238,636 13,345 97 1,791 104 19,868 11,877 259 43 129,402 16,631 2,556 2,375 1,647 23,700 183,465 11,907 2,900 3,141,302 226,875 30,046 7,257 2,001 3,584,981 268,459 43,517 19,230 7,946 4,212,096 173,105 42,993 43,783 3,165 808,946 554,319 31,300 9,209 5,543 597 158,367 61,356 13,145 74,501 12,516 (2,647) (4,650) (1,061) 281,394 $ 278,277 $ 62,700 $ 44,676 $ 2,701 $ 1,877,527 (Concluded)
Operating revenues:
Charges for services $ 6,590 $ $ 12,085 $ 56,425 $ 2,566 $ 59,026 Interest income on loans 57,800 48,640
Interest on investments 25,806 Net increase (decrease) in fair value of investments (3,448) Other operating income 1,710
Total operating revenues 88,458 48,640 12,085 56,425 2,566 59,026
Operating expenses:
Personal services 10,908 275 1,671 23,797 339 15,681 Supplies, materials, and services 6,398 7,076 2,249 19,367 2,658 12,362 Interest expense 57,558 25,877
Grants, scholarships and contract programs 4,863
Depreciation, depletion and amortization 4,053 259 1,641 15,979 19 6,386 Other operating expenses 5,664 18,969 505 4,075
Total operating expenses 84,581 52,456 6,066 68,081 3,016 34,429 Operating income (loss) 3,877 (3,816) 6,019 (11,656) (450) 24,597
Nonoperating revenues (expenses):
Interest revenue 7,443 360 6,914 78 2,483
Grants 2,667 (74) 21
Payments from primary government 15,256 Gain (loss) on sale of property 13,305 52
Interest expense (1,316) (13,465) (9,836)
Net increase (decrease) in fair value of investments
Other nonoperating revenue (expenses) (9) 9,156 (729) Total nonoperating revenue (expenses) 13,305 10,110 (965) 17,839 78 (8,061) Income (loss) before contributions 17,182 6,294 5,054 6,183 (372) 16,536
Capital contributions 10,913 1,166
Change in net assets 17,182 6,294 5,054 17,096 (372) 17,702 Total net assets - beginning, as restated 261,611 65,647 72,409 256,481 2,026 238,926 Total net assets - ending $ 278,793 $ 71,941 $ 77,463 $ 273,577 $ 1,654 $ 256,628 (Continued)
RIEDC RIUSTRF NBC
RISLA
Operating revenues:
Charges for services Interest income on loans Interest on investments
Net increase (decrease) in fair value of investments Other operating income
Total operating revenues
Operating expenses:
Personal services
Supplies, materials, and services Interest expense
Grants, scholarships and contract programs Depreciation, depletion and amortization Other operating expenses
Total operating expenses Operating income (loss)
Nonoperating revenues (expenses):
Interest revenue Grants
Payments from primary government Gain (loss) on sale of property Interest expense
Net increase (decrease) in fair value of investments
Other nonoperating revenue (expenses) Total nonoperating revenue (expenses) Income (loss) before contributions Capital contributions
Change in net assets Total net assets - beginning, as restated Total net assets - ending
$ 1,839 $ 65,261 $ 14,496 $ 30,117 $ 120 177 2,858 810 6 2,016 68,119 15,306 30,117 126 306 13,211 2,963 12,923 1,461 19,288 5,522 66,720 33 1,495 14,236 33 14,322 231 10,066 17,832 118 1,800 66,148 23,070 89,709 33 216 1,971 (7,764) (59,592) 93 276 2,758 765 278 19 13,793 7,729 34,841 312 (8) (1,023) (3) (3,700) (7,514) 3,106 (3,424) (5,467) 8,494 52,007 19 (3,208) (3,496) 730 (7,585) 112 13,174 (3,208) (3,496) 730 5,589 112 11,952 80,974 24,312 85,345 367 $ 8,744 $ 77,478 $ 25,042 $ 90,934 $ 479 (Continued) RIIFC RIPTA RIHEAA RIRRC RIHEBC
Operating revenues:
Charges for services Interest income on loans Interest on investments
Net increase (decrease) in fair value of investments Other operating income
Total operating revenues
Operating expenses:
Personal services
Supplies, materials, and services Interest expense
Grants, scholarships and contract programs Depreciation, depletion and amortization Other operating expenses
Total operating expenses Operating income (loss)
Nonoperating revenues (expenses):
Interest revenue Grants
Payments from primary government Gain (loss) on sale of property Interest expense
Net increase (decrease) in fair value of investments
Other nonoperating revenue (expenses) Total nonoperating revenue (expenses) Income (loss) before contributions Capital contributions
Change in net assets Total net assets - beginning, as restated Total net assets - ending
$ 3,190 $ 218 $ 1,258 $ 540 $ 23,771 216 2,478 180 1,567 4,944 29,439 398 1,258 2,107 5,160 456 2,423 2,737 2,790 81 36 1,214 686 23,377 12 4,376 320 57 107 676 26 55 26,943 138 143 4,313 7,892 2,496 260 1,115 (2,206) (2,732) 142 263 93 23,931 (2,408) 3,222 1,409 (86) (550) (125) 1,006 76 23,931 56 (2,695) 4,196 1,485 26,427 316 (1,580) 1,990 (1,247) 26,427 316 (1,580) 1,990 (1,247) 291,762 1,739 (1,872) 2,821 6,084 $ 318,189 $ 2,055 $ (3,452) $ 4,811 $ 4,837 (Continued) RICCHE RIPTCA RIWRBC RICWFA RIIRBA
Operating revenues:
Charges for services Interest income on loans Interest on investments
Net increase (decrease) in fair value of investments Other operating income
Total operating revenues
Operating expenses:
Personal services
Supplies, materials, and services Interest expense
Grants, scholarships and contract programs Depreciation, depletion and amortization Other operating expenses
Total operating expenses Operating income (loss)
Nonoperating revenues (expenses):
Interest revenue Grants
Payments from primary government Gain (loss) on sale of property Interest expense
Net increase (decrease) in fair value of investments
Other nonoperating revenue (expenses) Total nonoperating revenue (expenses) Income (loss) before contributions Capital contributions
Change in net assets Total net assets - beginning, as restated Total net assets - ending
$ 177,483 $ 48,330 $ 31,869 $ 1,569 $ 512,982 130,388 26,022 (3,448) 84,371 14,379 13,151 9,240 135,694 261,854 62,709 45,020 10,809 801,638 232,871 81,755 67,854 49,557 519,727 101,773 21,748 16,264 1,551 289,277 28 106,852 14,951 4,713 7,034 51,668 16,443 4,026 2,517 269 77,430 111 47,329 366,038 112,242 93,780 51,405 1,092,283 (104,184) (49,533) (48,760) (40,596) (290,645) 22 21,894 5,763 466 44,159 82,378 44,069 45,445 41,241 275,590 13,661 (4,318) (873) (253) (31,848) 3,251 1,500 420 5,171 22,886 419 172 24,869 104,197 50,878 46,078 41,435 353,496 13 1,345 (2,682) 839 62,851 21,747 4,067 2,575 53,642 21,760 5,412 (107) 839 116,493 256,517 57,288 44,783 1,862 1,761,034 $ 278,277 $ 62,700 $ 44,676 $ 2,701 $ 1,877,527 (Concluded)
RIC CCRI CFSD Totals