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CITY OF LINO LAKES, MINNESOTA
<br />COMBINING BALANCE SHEET Statement 19
<br />NONMAJOR GOVERNMENTAL FUNDS
<br />December 31, 2024
<br />Permanent
<br />Fund Total
<br />Environment & Nonmajor
<br />Special Debt Capital Stewardship Governmental
<br />Revenue Service Project Fund Funds
<br /> Assets
<br />Cash and investments $1,243,303 $3,778,075 $8,491,971 $144,924 $13,658,273
<br />Advances to other funds - - 202,000 - 202,000
<br />Taxes receivable:
<br />Due from county - - 167,953 - 167,953
<br />Special assessments receivable:
<br />Due from county - 1,460 601 - 2,061
<br />Delinquent - 688 306 - 994
<br />Deferred - 318,991 158,333 - 477,324
<br />Leases receivable - - 1,165,913 - 1,165,913
<br />Interfund loan receivable - - 738,060 - 738,060
<br /> Total assets $1,243,303 $4,099,214 $10,925,137 $144,924 $16,412,578
<br /> Liabilities, Deferred Inflows of Resources, and Fund Balance
<br />Liabilities:
<br />Accounts payable $12,445 $ - $439,782 $2,000 $454,227
<br />Advances from other funds - - 202,000 - 202,000
<br />Retainage payable - - 17,389 - 17,389
<br />Unearned revenue - - 2,500 - 2,500
<br />Interfund loan payable - - 1,297,170 - 1,297,170
<br /> Total liabilities 12,445 - 1,958,841 2,000 1,973,286
<br />Deferred inflows of resources:
<br />Unavailable revenue - 319,679 158,639 - 478,318
<br />Lease related - - 1,165,913 - 1,165,913
<br /> Total deferred inflows of resources - 319,679 1,324,552 - 1,644,231
<br />Fund balance:
<br />Nonspendable - - - 100,000 100,000
<br />Restricted 930,435 3,779,535 1,688,464 42,924 6,441,358
<br />Committed 300,423 - - - 300,423
<br />Assigned - - 7,567,121 - 7,567,121
<br />Unassigned - - (1,613,841) - (1,613,841)
<br /> Total fund balance 1,230,858 3,779,535 7,641,744 142,924 12,795,061
<br /> Total liabilities, deferred inflows
<br /> of resources, and fund balance $1,243,303 $4,099,214 $10,925,137 $144,924 $16,412,578
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