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Audit Report 12/31/1977
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Audit Report 12/31/1977
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Audit Report 12/31/1977
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12/31/1977
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CITY OF LINO LAKES <br />SUMMARY OF BALANCE SHEETS - ALL FUNDS <br />As of December 31, 1977 <br />ASSETS <br />Combined Total. <br />(For Memorandum General <br />Purposes Only) Fund <br />Clerk's balance $ 232,975 <br />Taxes receivable: <br />Delinquent 19,428 <br />Special assessments receivable: <br />Delinquent 81,570 <br />Deferred principal levies 111,552 <br />Accounts receivable 7,600 <br />Due from other funds 1,500 <br />Due from other governmental units 8,997 <br />Prepaid expenses 9,013 <br />Amount available in debt service funds 19,994 <br />Amount to be provided from ad valorem levies 30,006 <br />Property, plant and equipment, net 701,084 <br />Total Assets $1,223,719 <br />LIABILITIES AND FUND BALANCE <br />Liabilities: <br />Accounts payable <br />Customer deposits <br />Contracts payable <br />Due to other funds <br />Bonds payable <br />Total Liabilities <br />$ 7,609 <br />1,295 <br />3,270 <br />1,500 <br />253,200 <br />266,874 <br />64,469 <br />17,286 <br />7,371 <br />1,500 <br />9,013 <br />99,639 <br />7,399 <br />1 <br />1 <br />1 <br />1 <br />1,295 ' <br />8,694 <br />Investment in general fixed assets 701,084 <br />Fund balance 255,761 90,945 <br />Total Liabilities and Fund Balance $1.223,719 $ . 99,639 <br />-25- <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />
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