|
CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF NET POSITION
<br />PROPRIETARY FUNDS
<br />December 31, 2021
<br />Assets:
<br />Current assets:
<br />Cash and cash equivalents
<br />Due from other governmental units
<br />Accounts receivable - net
<br />Prepaid items
<br />Inventory
<br />Total current assets
<br />Noncurrent assets:
<br />Interfund loan receivable
<br />Capital assets:
<br />Construction in progress
<br />Equipment
<br />Water and sewer systems
<br />Total capital assets
<br />Less: Allowance for depreciation
<br />Net capital assets
<br />Total assets
<br />Deferred outflows of resources related to pensions
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable
<br />Salaries payable
<br />Due to other governments
<br />Other accrued liabilities
<br />Compensated absences payable - current portion
<br />Total current liabilities
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent portion
<br />Other post employment benefits - noncurrent portion
<br />Net pension liability
<br />Total noncurrent liabilities
<br />Total liabilities
<br />Deferred inflows of resources related to pensions
<br />Net position:
<br />Investment in capital assets
<br />Unrestricted
<br />Total net position
<br />Statement 7
<br />Business -Type Activities - Enterprise Funds
<br />601 Water 602 Sewer Total
<br />$6,131,906
<br />$9,739,563
<br />$15,871,469
<br />-
<br />2,236
<br />2,236
<br />175,683
<br />225,168
<br />400,851
<br />14,158
<br />113,399
<br />127,557
<br />18,077
<br />-
<br />18,077
<br />6,339,824
<br />10,080,366
<br />16,420,190
<br />-
<br />559,110
<br />559,110
<br />1,741,448
<br />1,497,757
<br />3,239,205
<br />148,436
<br />521,307
<br />669,743
<br />34,571,736
<br />27,599,155
<br />62,170,891
<br />36,461,620
<br />29,618,219
<br />66,079,839
<br />(11,066,537)
<br />(11,447,286)
<br />(22,513,823)
<br />25,395,083
<br />18,170,933
<br />43,566,016
<br />31,734,907
<br />28,810,409
<br />60,545,316
<br />88,826
<br />89,039
<br />177,865
<br />49,852
<br />63,791
<br />113,643
<br />8,991
<br />8,991
<br />17,982
<br />13,021
<br />1,412
<br />14,433
<br />4,999
<br />680
<br />5,679
<br />23,938
<br />23,938
<br />47,876
<br />100,801
<br />98,812
<br />199,613
<br />1,260
<br />1,260
<br />2,520
<br />23,103
<br />23,103
<br />46,206
<br />121,831
<br />124,181
<br />246,012
<br />146,194
<br />148,544
<br />294,738
<br />246,995
<br />247,356
<br />494,351
<br />118,515
<br />118,697
<br />237,212
<br />25,395,083
<br />18,170,933
<br />43,566,016
<br />6,063,140
<br />10,362,462
<br />16,425,602
<br />$31,458,223
<br />$28,533,395
<br />$59,991,618
<br />The accompanying notes are an integral part of these financial statements.
<br />41
<br />
|