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VLAWMO Annual Financial Report 2013
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VLAWMO Annual Financial Report 2013
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9/19/2019 2:34:24 PM
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Finance Dept
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Audit
Finance Number Identifier
VLAWMO Annual Financial Report 2013
Date
12/31/2013
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VADNAIS LAKE AREA WATER MANAGEMENT ORGANIZATION <br />VADNAIS HEIGHTS, MINNESOTA <br />STATEMENT OF NET POSITION <br />DECEMBER 31, 2013 <br />Govenunental <br />Activities <br />ASSETS <br />Cash and temporary investments $ 588,720 <br />Restricted cash 16,893 <br />Receivables <br />Accounts 5,100 <br />Special assessments 477,365 <br />Due from other governments 6,418 <br />Capital assets <br />Depreciable assets, net of accumulated depreciation 126,740 <br />TOTAL ASSETS 1,221,236 <br />LIABILITIES <br />Accounts payable 34,328 <br />Escrow deposits payable 16,893 <br />Due to other governments 18,541 <br />Unearned revenue 489,912 <br />Noncurrent liabilities <br />Due within one year 16,623 <br />Due in more than one year 5,541 <br />TOTAL LIABILITIES 581,838 <br />NET POSITION <br />Net investment in capital assets <br />Unrestricted <br />126,740 <br />512,658 <br />TOTAL NET POSITION $ 639,398 <br />The notes to the financial statements are an integral part of this statement. <br />-24- <br />
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