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CITY OF LITTLE CANADA, MINNESOTA
<br />BALANCE SHEET
<br />GOVERNMENTAL FUNDS
<br />DECEMBER 31, 2018
<br />WITH COMPARATIVE TOTALS FOR DECEMBER 31, 2017
<br />
<br />
<br />
<br />See accompanying Notes to Basic Financial Statements.
<br />(27)
<br />
<br /> Water/Sewer
<br />General Canabury Square Rice/LC Road Equipment
<br />Fund Condominiums HIA Development Replacement
<br />(101) (362) (440) (604)
<br />ASSETS
<br />Cash and Investments 1,958,073$ -$ 2,166,397$ 834,857$
<br />Cash and Investments Held by Trustee - - - -
<br />Accrued Interest Receivable 35,567 - - -
<br />Property Taxes Receivable:
<br />Delinquent 64,525 - - -
<br />Due from County 88,987 6,716 - -
<br />Delinquent Tax Increment - - - -
<br />Accounts (Net of Allowance) 11,558 - - -
<br />Special Assessments Receivable - 1,458,471 34,253 61,254
<br />Special Assessments Due from County - 54,102 - -
<br />Due from Other Governmental Units 202,096 - - -
<br />Prepaids 8,769 - - -
<br />Property Held for Resale - - 70,401 -
<br />Advances to Other Funds 718,024 - - 1,592,981
<br />Note Receivable - - - -
<br />Total Assets 3,087,599$ 1,519,289$ 2,271,051$ 2,489,092$
<br />LIABILITIES, DEFERRED INFLOWS OF
<br />RESOURCES, AND FUND BALANCE
<br />LIABILITIES
<br />Accounts and Contracts Payable 56,107$ 3,840$ 398,860$ 13,423$
<br />Accrued Salaries Payable 34,405 - - -
<br />Due to Other Governmental Units 59,095 - - -
<br />Deposits 3,877 - - -
<br />Unearned Revenue 2,470 - - -
<br />Advances from Other Funds - 1,115,486 - -
<br />Total Liabilities 155,954 1,119,326 398,860 13,423
<br />DEFERRED INFLOWS OF RESOURCES
<br />Unavailable Revenue - Taxes and Assessments 64,525 1,458,471 34,253 61,254
<br />Unavailable Revenue - Other 147,949 - - -
<br />Total Deferred Inflows of Resources 212,474 1,458,471 34,253 61,254
<br />FUND BALANCE
<br />Nonspendable 726,793 - - -
<br />Restricted - - 1,837,938 -
<br />Committed - - - -
<br />Assigned - - - 2,414,415
<br />Unassigned 1,992,378 (1,058,508) - -
<br />Total Fund Balance 2,719,171 (1,058,508) 1,837,938 2,414,415
<br />Total Liabilities, Deferred Inflows of
<br /> Resources, and Fund Balance 3,087,599$ 1,519,289$ 2,271,051$ 2,489,092$
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