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City of Little Canada, Minnesota
<br />Nonmajor Governmental Funds
<br />Combining Balance Sheet
<br />December 31, 2024
<br />Special Debt Capital
<br />Revenue Service Projects Total
<br />Assets
<br />Cash and investments 629,806$ 451,802$ 4,267,535$ 5,349,143$
<br />Receivables
<br />Accrued interest - - 20,000 20,000
<br />Accounts 249,137 - 3,124 252,261
<br />Taxes - - 2,373 2,373
<br />Special assessments - 209,759 37,325 247,084
<br />Notes - - 1,000,000 1,000,000
<br />Due from other governments 32,459 - - 32,459
<br />Due from other funds - - 22,979 22,979
<br />Assets held for resale - - 561,457 561,457
<br />
<br />Total Assets 911,402$ 661,561$ 5,914,793$ 7,487,756$
<br />Liabilities
<br />Accounts payable 52,293$ -$ 1,575$ 53,868$
<br />Due to other governments 35,687 - 1,939 37,626
<br />Due to other funds 44,439 - 264,454 308,893
<br />Unearned revenue 4,387 - - 4,387
<br />Total Liabilities 136,806 - 267,968 404,774
<br />Deferred Inflows of Resources
<br />Unavailable revenue - taxes - - 2,373 2,373
<br />Unavailable revenue - special assessments - 209,759 37,325 247,084
<br />Total Deferred Inflows of Resources - 209,759 39,698 249,457
<br />Fund Balances
<br />Restricted 75,020 451,802 2,887,903 3,414,725
<br />Committed 699,576 - - 699,576
<br />Assigned - - 2,919,629 2,919,629
<br />Unassigned - - (200,405) (200,405)
<br />Total Fund Balances 774,596 451,802 5,607,127 6,833,525
<br />Total Liabilities, Deferred Inflows
<br />of Resources and Fund Balances 911,402$ 661,561$ 5,914,793$ 7,487,756$
<br />94
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