|
CITY OF LITTLE CANADA, MINNESOTA
<br />COMBINING BALANCE SHEET
<br />NONMAJOR GOVERNMENTAL FUNDS
<br />December 31, 2020
<br />With Comparative Totals as of December 31, 2019
<br />Special Debt Capital
<br />Revenue Service Project 2020 2019
<br />Assets:
<br /> Cash and investments 560,804$ 82,931$ 4,693,571$ 5,337,306$ 4,807,707$
<br /> Interfund loan receivable - - 1,347 1,347 -
<br /> Accounts receivable - net 223,140 - 742 223,882 234,612
<br /> Delinquent property taxes receivable - - 2,189 2,189 1,764
<br /> Due from county - 135 9,099 9,234 6,253
<br /> Special assessments receivable:
<br /> Deferred - 21,167 - 21,167 26,691
<br /> Delinquent - 581 10,118 10,699 11,532
<br /> Special deferred - - 28,197 28,197 -
<br /> Property held for resale - - 387,155 387,155 316,754
<br /> Total assets 783,944$ 104,814$ 5,132,418$ 6,021,176$ 5,405,313$
<br />Liabilities:
<br /> Accounts payable 42,403$ -$ 474,124$ 516,527$ 123,308$
<br /> Due to other governmental units 26,919 - - 26,919 24,215
<br /> Interfund loan payable - 1,347 22,492 23,839 589,103
<br /> Unearned revenue 4,351 - - 4,351 4,351
<br /> Total liabilities 73,673 1,347 496,616 571,636 740,977
<br />Deferred inflows of resources:
<br /> Unavailable revenue - property taxes - - 2,189 2,189 1,764
<br /> Unavailable revenue - special assessments - 21,748 38,315 60,063 38,223
<br /> Unavailable revenue - other 5,212 - - 5,212 -
<br /> Total deferred inflows of resources 5,212 21,748 40,504 67,464 39,987
<br />Fund balance:
<br /> Restricted for:
<br /> Charitable gambling - - 102,033 102,033 63,147
<br /> Park acquisition - - 877,853 877,853 878,053
<br /> Debt retirement - 82,931 - 82,931 89,434
<br /> Fire equipment - - 253,053 253,053 255,445
<br /> Tax increment purposes - - 1,942,584 1,942,584 1,694,860
<br /> Committed 705,059 - - 705,059 706,819
<br /> Assigned - - 1,436,063 1,436,063 1,525,694
<br /> Unassigned - (1,212) (16,288) (17,500) (589,103)
<br /> Total fund balance 705,059 81,719 4,595,298 5,382,076 4,624,349
<br />Total liabilities, deferred inflows of resources,
<br />and fund balance 783,944$ 104,814$ 5,132,418$ 6,021,176$ 5,405,313$
<br />Totals
<br />Nonmajor
<br />Governmental Funds
<br />92
|