D r a f t f o r d i s c u s s i o n o n l y 4 CANADIAN SCHOOL BOARDS ASSOCIATIONS L'ASSOCIATION CANADIENNE DES COMMISSIONS/CONSEILS SCOLAIRES BALANCE SHEET AS AT MARCH 31, 2019 2019 2018 $ $ ASSETS Current Cash 100,887 332,674 Term deposit (Note 3) 202,473 20,000 Accounts receivable (Note 4) 5,325 4,504 Prepaid expenses 2,250 2,723 310,935 359,901 Capital assets (Note 5) 2,726 5,204 313,661 365,105 LIABILITIES Current Accounts payable and accrued liabilities 10,011 71,510 Deferred revenues 33,075 126,000 43,086 197,510 NET ASSETS Invested in capital assets 2,726 5,204 Unrestricted 267,849 162,391 270,575 167,595 313,661 365,105 On behalf of the Board,, Director Date Director Date