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Audit Report 12/31/1980
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Audit Report 12/31/1980
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12/4/2013 12:45:39 PM
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Audit Report 12/31/1980
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12/31/1980
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CITY OF LINO LAKES <br />SPECIAL ASSESSMENT FUNDS <br />COMBINING BALANCE SHEET <br />As of December 31, 1980 and 1979 <br />ASSETS <br />Cash and temporary investments <br />Special assessments receivable: <br />Delinquent <br />Deferred <br />Accrued interest receivable <br />Unamortized bond discount <br />Amount to be provided for debt service <br />Total Assets <br />LIABILITIES AND FUND BALANCE <br />Liabilities: <br />Accounts payable <br />Contracts payable <br />Accrued interest payable <br />Bonds payable (Note 4) <br />Total Liabilities <br />Fund balance: <br />Reserved for improvements <br />Unreserved: <br />Designated for construction <br />Designated for debt service <br />Total Fund Balance <br />Improvement Improvement <br />Bond of 1974 Bond of 1977 <br />$108,830 $ 21,249 <br />27,938 1,077 <br />29,849 <br />746 129 <br />$137,514 $ 52,304 <br />$ 35,000 <br />35,000 <br />102,514 <br />102,514 <br />Total Liabilities and Fund Balance $137,514 <br />- 29 - <br />$ 44,240 <br />44,240 <br />8,064 <br />8,064 <br />$ 52,304 <br />1980 <br />Improvement <br />Bond of 1979 <br />$ 158,655 <br />906,865 <br />4,058 <br />5,914 <br />$1,075,492 <br />$ 2,307 <br />35,387 <br />935,000 <br />972,694 <br />40,435 <br />62,363 <br />102,798 <br />$1,075,492 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />
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