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Annual Financial Report 12/31/1984
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Annual Financial Report 12/31/1984
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Annual Financial Report
Date
12/31/1984
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MOM <br />Assets <br />CITY OF LINO LAKES, MINNESOTA <br />GENERAL FUND <br />BALANCE SHEET <br />December 31, 1984 <br />Statement 6 <br />December 31, <br />1984 1983 <br />Cash and investments $ 221,694 $ 102,466 <br />Accounts receivable 1,966 2,548 <br />Taxes receivable - delinquent 78,884 72,695 <br />Due from County 10,470 <br />Special assessments - tax forfeit 9,796 <br />Allowances and deferments (78,884) (82,491) <br />41•••• <br />Due from other governmental units 16,545 26,664 <br />Due from other funds -0- 247 <br />Prepaid expenses 21,770 21,084 <br />Total assets <br />Liabilities and Fund Balance <br />$ 272,445 $ 153,009 <br />Liabilities: <br />Accounts payable $ 13,634 $ 7,130 <br />Due to other governments 15,188 4,675 <br />Due to other funds -0- 9,688 <br />Customer deposits 700 400 <br />Total liabilities 29,522 21,893 <br />_ Fund Balance: <br />Unreserved: <br />Designated 116,770 51,084 <br />Undesignated _ 126,153 80,032 <br />Total fund balance 242,923 131,116 <br />Total liabilities and fund balance <br />$ 272,445 $ 153,009 <br />The accompanying notes are an integral part of these financial statements. <br />
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