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CITY OF LINO LAKES, MINNESOTA
<br />BALANCE SHEET
<br />GOVERNMENTAL FUNDS
<br />December 31, 2022
<br />202 333 G.O.
<br />The Rookery Improvement
<br />General Fund Activity Center Note of 2009A
<br />Assets
<br />Cash and investments $10,153,223 $500 $ -
<br />Accrued interest receivable 186,869 - -
<br />Due from other governments 152,075 - -
<br />Accounts receivable - net 32,907 6,629 -
<br />Prepaid items 518,196 50,538 -
<br />Advances to other funds - - -
<br />Taxes receivable:
<br />Due from county 185,927 - -
<br />Delinquent 73,684 - -
<br />Special assessments receivable:
<br />Due from county - - 1,492
<br />Delinquent 217 - 665
<br />Deferred 914 - 1,492,117
<br />Leases receivable 557,564 - -
<br />Interfund loan receivable - - -
<br />Total assets $11,861,576 $57,667 $1,494,274
<br />Liabilities, Deferred Inflows of Resources, and Fund Balances
<br />Liabilities:
<br />Accounts payable $157,356 $94,649 $ -
<br />Salaries payable 382,184 42,300 -
<br />Due to other governments 46,694 13,196 138
<br />Advances from other funds - 89,627 -
<br />Retainage payable - - -
<br />Deposits payable 2,549,399 - -
<br />Unearned revenue 7,048 81,650 -
<br />Interfund loan payable - - -
<br />Total liabilities 3,142,681 321,422 138
<br />Deferred inflows of resources:
<br />Unavailable revenue 74,814 - 1,492,783
<br />Lease related 557,564 - -
<br />Total deferred inflows of resources 632,378 - 1,492,783
<br />Fund balance:
<br />Nonspendable 518,196 50,538 -
<br />Restricted - - -
<br />Committed 58,600 - -
<br />Assigned - - 1,353
<br />Unassigned 7,509,721 (314,293) -
<br />Total fund balance 8,086,517 (263,755)1,353
<br />Total liabilities, deferred inflows of $11,861,576 $57,667 $1,494,274
<br /> resources, and fund balanceThe accompanying notes are an integral part of these financial statements.
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