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Audit Report 12/31/1981
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Audit Report 12/31/1981
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4/4/2014 1:22:49 PM
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Annual Financial Reports
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Audit Report 12/31/1981
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12/31/1981
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CITY OF LINO LAKES <br />STATEMENT OF CHANGES IN FINANCIAL POSITION <br />PROPRIETARY FUND TYPES <br />Year Ended December 31, 1981 <br />Sources of Working Capital: <br />Contributed equity from other funds <br />Total Sources of Working Capital <br />Uses of Working Capital: <br />Operating loss <br />Less items not affecting working capital - <br />Depreciation <br />Working Capital Applied to Operations <br />Additions to property and equipment <br />Total Uses of Working Capital <br />Decrease in Working Capital <br />Changes in Components of Working Capital: <br />Increase (decrease) in current assets - <br />Cash and temporary investments <br />Accounts receivable <br />Accrued interest <br />Due to other governmental units <br />Prepaid expense <br />Inventory <br />(Increase) decrease in current liabilities - <br />Accounts payable <br />Customer deposits <br />Decrease in Working Capital <br />See Notes to Financial Statements. <br />Water and Sewer <br />(Enterprise) Fund <br />1981 1980 <br />$ 24,171 <br />24,171 <br />24,552 $ 16,570 <br />(19,509) (11,105) <br />5,043 5,465 <br />24,535 <br />29,578 5,465 <br />$ (5,407) $ (5,465) <br />$ (2,157) $ (2,970) <br />964 (2,079) <br />(51) <br />(7,356) <br />1,247 <br />1,746 <br />375 (416) <br />(175) <br />$ (5,407) $ (5,465) <br />
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