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CITY OF LITTLE CANADA, MINNESOTA <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />DECEMBER 31, 2018 <br /> <br /> <br /> <br />(48) <br /> <br />NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) <br />V. Comparative Totals <br />The basic financial statements, required supplementary information and combining and <br />individual fund nonmajor financial statements and schedules, include certain prior-year <br />summarized comparative information in total but not at the level of detail required for a <br />presentation in conformity with GAAP. Accordingly, such information should be read in <br />conjunction with the City’s financial statements. <br /> <br /> <br />NOTE 2 DEPOSITS AND INVESTMENTS <br />A. Components of Cash and Investments <br />Cash and investments at year-end consisted of the following: <br /> <br />Investments 14,955,335$ <br />Deposits 240,952 <br />Cash on Hand 600 <br />Total 15,196,887$ <br />Cash and investments are presented in the financial statements as follows: <br /> <br />Cash and Investments 15,150,370$ <br />Cash and Investments - Held by Trustee 1,263 <br />Cash and Investments - Agency Funds 45,254 <br />Total Cash and Investments 15,196,887$ <br />