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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2015
<br />Note 2 DEPOSITS AND INVESTMENTS (CONTINUED)
<br />B. INVESTMENTS (CONTINUED)
<br />Concentration of Credit Risk
<br />The City places no limit on the amount that it may invest in any one issuer. The following is a list of
<br />investments which individually comprise more than 5% of the city's total investments:
<br />Type
<br />Citibank SDA
<br />Note 3 CAPITAL ASSETS
<br />Amount
<br />$ 2,939,195
<br />Capital asset activity for the year ended December 31, 2015 was as follows:
<br />Percentage
<br />8.52%
<br />Beginning
<br />Balance Increases Decreases Transfers
<br />Governmental Activities:
<br />Capital Assets, Not Being Depreciated:
<br />Land $ 3,275,859 $ - $ - $
<br />Construction in Progress 808,093 7,268,375 (808,093)
<br />Total Capital Assets, Not Being Depreciated 4,083,952 7,268,375 (808,093)
<br />Capital Assets, Being Depreciated:
<br />Buildings
<br />Office Equipment and Furniture
<br />Vehicles
<br />Machinery and Shop Equipment
<br />Other Equipment
<br />Infrastructure
<br />Total Capital Assets, Being Depreciated
<br />Accumulated Depreciation for:
<br />Buildings
<br />Office Equipment and Furniture
<br />Vehicles
<br />Machinery and Shop Equipment
<br />Other Equipment
<br />Infrastructure
<br />Total Accumulated Depreciation
<br />Total Capital Assets, Being Depreciated, Net
<br />Governmental Activities Capital Assets, Net
<br />Ending
<br />1111- A
<br />$ 3,275,859
<br />7,268,375
<br />10,544,234
<br />6,765,619
<br />-
<br />6,765,619
<br />1,398,722
<br />108,321
<br />(167,991)
<br />(702,619)
<br />636,433
<br />2,891,461
<br />526,556
<br />(270,155)
<br />(24,966)
<br />3,122,896
<br />960,720
<br />684,076
<br />(91,619)
<br />702,619
<br />2,255,796
<br />952,447
<br />28,384
<br />24,966
<br />1,005,797
<br />78,607,804
<br />1,872,963
<br />-
<br />80,480,767
<br />91,576,773
<br />3,220,300
<br />(529,765)
<br />94,267,308
<br />(3,648,780)
<br />(314,426)
<br />-
<br />-
<br />(3,963,206)
<br />(1,033,723)
<br />(35,760)
<br />139,878
<br />427,135
<br />(502,470)
<br />(1,721,431)
<br />(534,894)
<br />266,735
<br />8,065
<br />(1,981,525)
<br />(624,333)
<br />(143,346)
<br />48,545
<br />(427,135)
<br />(1,146,269)
<br />(784,643)
<br />(19,967)
<br />-
<br />(8,065)
<br />(812,675)
<br />(51,634,831)
<br />(3,542,529)
<br />-(55,177,360)
<br />(59,447,741)
<br />(4,590,922)
<br />455,158
<br />-
<br />(63,583,505)
<br />32,129,032
<br />(1,370,622)
<br />(74,607)
<br />-
<br />30,683,803
<br />$ 36,212,984
<br />$ 5,897,753
<br />$ (882,700) $
<br />-
<br />$ 41,228,037
<br />47
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