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Annual Financial Report 12/31/1987
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Annual Financial Report 12/31/1987
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Annual Financial Reports
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Annual Financial Report
Date
12/31/1987
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Assets <br />Cash and investments <br />Cash held with bond purchaser <br />Taxes receivable: <br />Delinquent <br />Due from county <br />Special assessments receivable: <br />Delinquent <br />Deferred <br />Special deferred <br />City property <br />Tax forfeit <br />Due from County <br />Total assets <br />CITY OF LINO LAKES, M[NNESOTA <br />DEBT SERVICE FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1987 <br />1985 <br />Certificates Improvement Improvement Improvement <br />of Bonds Bonds Bonds <br />Indebtedness of 1980 of 1981 of 1982 <br />$728 $74,833 $20,677 $352,993 <br />922 60 <br />5,052 12 <br />22,886 <br />18,571 72,508 <br />121,242 <br />34 262 110,728 <br />3,784 <br />$6,702 $74,867 $39,510 $684,213 <br />Liabilities and Fund Balance <br />Liabilities: <br />Cash overdraft <br />Accounts payable <br />Deferred revenue $922 $34 $18,833 $327,424 <br />Total liabilities 922 34 18,833 327,424 <br />Fund Balance: <br />Reserved for debt retirement 5,780 74,833 20,677 356,789 <br />Unreserved: <br />Undesignated <br />Total fund balance 5,780 74,833 20,677 356,789 <br />Total liabilities and fund balance $6,702 $74,867 $39,510 $684,213 <br />The accompanying notes are an integral part of these fmancial statements. <br />
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