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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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8/2/2019 4:15:30 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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VADNAIS LAKE AREA WATER MANAGEMENT ORGANIZATION <br />RECONCILIATION OF THE STATEMENT OF REVENUES, <br />EXPENDITURES, AND CHANGES IN FUND BALANCES OF <br />GOVERNMENTAL FUND - GENERAL FUND <br />For The Year Ended December 31, 2006 <br />Statement 5 <br />Amounts reported for governmental activities in the <br />statement of activities (Statement 2) are different because: <br />Net changes in fund balances - total governmental fiords (Statement 4) <br />2006 2005 <br />$19,703 $8,013 <br />Some expenses reported in the statement of activities do not require the use of <br />current financial resources and, therefore, are not reported as expenditures in <br />governmental funds: <br />Compensated absences 239 (3,057) <br />Change in net assets of governmental activities (Statement 2) $19,942 $4,956 <br />The accompanying notes are an integral part of these financial statements. <br />14 <br />
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