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CITY OF LINO LAKES <br />SPECIAL ASSESSMENT FUNDS <br />COMBINING BALANCE SHEET <br />As of December 31, 1978 <br />Improvement Improvement <br />ASSETS Bond of 1974 Bond of 1977 Total <br />Cash and temporary investments $136,919 $ 21,282 $158,201 <br />Special assessments receivable: <br />Delinquent 60,415 559 60,974 <br />Deferred principal levies 10,638 40,930 51,568 <br />Total Assets $207.972 $ 62.771 $270,743 <br />LIABILITIES AND FUND BALANCE <br />Liabilities: <br />Bonds payable (Note 4) <br />Fund balance - unappropriated <br />Total Liabilities and Fund Balance <br />$105,000 <br />102,972. <br />$207.972 <br />$ 56,880 <br />5,891 <br />$ 62.771 <br />$161,880 <br />108,863 <br />$270.743 <br />The accompanying Notes to Financial Statements are an integral part of this statement. <br />- 10 - <br />