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CITY OF LINO LAKES, MINNESOTA
<br />BALANCE SHEET
<br />GOVERNMENTAL FUNDS
<br />December 31, 2021
<br />333 G.O. 342 G.O.
<br />Improvement Improvement
<br />General Fund Note of 2009A Bonds of 2016B
<br />Assets
<br />Cash and investments $10,372,802 $ - $ -
<br />Accrued interest receivable 140,768 - -
<br />Due from other governmental units 81,921 - -
<br />Accounts receivable - net 28,630 - -
<br />Prepaid items 356,619 - -
<br />Advances to other funds - - -
<br />Taxes receivable:
<br />Due from county 143,020 - -
<br />Delinquent 74,703 - -
<br />Special assessments receivable:
<br />Due from county - 141 -
<br />Delinquent - - -
<br />Deferred 199 2,178,311 2,994,379
<br />Interfund loan receivable - - -
<br />Total assets $11,198,662 $2,178,452 $2,994,379
<br />Liabilities, Deferred Inflows of Resources, and Fund Balances
<br />Liabilities:
<br />Accounts payable $220,314 $ - $ -
<br />Salaries payable 321,085 - -
<br />Due to other governmental units 37,736 - -
<br />Advances from other funds - - -
<br />Retainage payable 14,033 - -
<br />Deposits payable 2,375,417 - -
<br />Unearned revenue 7,425 - -
<br />Interfund loan payable - - 2,470,082
<br />Total liabilities 2,976,010 0 2,470,082
<br />Deferred inflows of resources:
<br />Unavailable revenue 74,902 2,178,311 2,994,379
<br />Fund balance:
<br />Nonspendable 356,619 - -
<br />Restricted - 141 -
<br />Committed 71,370 - -
<br />Assigned - - -
<br />Unassigned 7,719,761 - (2,470,082)
<br />Total fund balance 8,147,750 141 (2,470,082)
<br />Total liabilities, deferred inflows of $11,198,662 $2,178,452 $2,994,379
<br /> resources, and fund balance
<br />The accompanying notes are an integral part of these financial statements.
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