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VLAWMO Annual Financial Report 2018
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VLAWMO Annual Financial Report 2018
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9/19/2019 2:35:15 PM
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Finance Dept
Finance Category
Audit
Finance Number Identifier
VLAWMO Annual Financial Report 2018
Date
12/31/2018
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VADNAIS LAKE AREA WATER MANAGEMENT ORGANIZATION <br />STATEMENT OF ACTIVITIES <br />YEAR ENDED DECEMBER 31, 2018 <br />Program Revenues <br />Net Revenue <br />(Expense) and <br />Changes in <br />Net Position <br />Charges Operating Capital <br />for Grants and Grants and Govemmental <br />Functions/Programs Expenses Services Contributions Contributions Activities <br />GOVERNMENTAL ACTIVITIES <br />General and Administrative $ 446,811 $ 756,604 $ 173,839 $ $ 483,632 <br />Programs 26,241 - (26,241) <br />Projects 201,640 2,760 (198,880) <br />Total $ 674,692 $ 756,604 $ 176,599 $ 258,511 <br />GENERAL REVENUES <br />Unrestricted Investment Eamings 7,565 <br />CHANGE IN NET POSITION 266,076 <br />Net Position - January 1 544,046 <br />NET POSITION - DECEMBER 31 $ 810,122 <br />See accompanying Notes to Financial Statements. <br />(14) <br />
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