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VLAWMO Annual Financial Report 2006
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VLAWMO Annual Financial Report 2006
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9/19/2019 2:28:47 PM
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Finance Dept
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Audit
Finance Number Identifier
VLAWMO Annual Financial Report 2006
Date
12/31/2006
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L <br />L <br />i <br />VADNAIS LAKE AREA WATER MANAGEMENT ORGANIZATION <br />STATEMENT OF ACTIVITIES <br />For The Year Ended December 31, 2006 <br />Statement 2 <br />Net (Expense) Revenue and <br />Program Revenues Changes in Net Assets <br />Operating Capital Primary Government <br />Charges For Grants and Grants and Totals <br />Functions/Programs Expenses Services Contributions Contributions 2006 2005 <br />Primary government: <br />Governmental activities: <br />General government $81,950 $81,277 $2,777 $ $2,104 ($245) <br />Programs 3,973 19,034 - 15,061 <br />Projects 109,768 77,089 33,913 1,234 <br />Total governmental activities <br />$195,691 $177,400 $36,690 $0 18,399 (245) <br />General revenues: <br />Unrestricted investment earnings 104 192 <br />Miscellaneous 1,439 5,009 <br />Total general revenues 1,543 5,201 <br />Change in net assets <br />19,942 4,956 <br />Net assets - beginning as previously reported 34,252 147,574 <br />Prior period adjustment - (118,278) <br />Net assets as restated 34,252 29,296 <br />Net assets ending <br />$54,194 $34,252 <br />The accompanying notes are an integral part of these financial statements. <br />11 <br />
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