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Annual Financial Report 12/31/1987
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Annual Financial Report 12/31/1987
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5/19/2014 11:28:28 AM
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Annual Financial Report
Date
12/31/1987
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CITY OF LINO LAKES, MINNESOTA <br />CAPITAL PROJECT FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1987 <br />Parks Capital Community Interim <br />and Improvement Development Construction Lakes <br />Playgrounds Projects Block Grant Fund Addition #7 <br />Assets <br />Cash and investments $113,258 $97,951 <br />Cash held with bond purchaser <br />Accounts receivable 8,826 <br />Taxes receivable: <br />Delinquent 332 <br />Due from County 67 <br />Special assessments receivable: <br />Deferred <br />Due from other governmental units <br />Total assets <br />Liabilities and <br />Fund Balance <br />$5,846 <br />$122,084 $98,350 $5,846 $0 $0 <br />Liabilities: <br />Cash overdraft $2,070 $17,288 <br />Accounts payable $154 3,659 <br />Contracts payable <br />Due to other governmental units <br />Deferred revenue 5,060 $332 <br />Total liabilities 5,214 332 5,729 $0 17,288 <br />Fund balance (deficit): <br />Unreserved: <br />Designated: <br />Committed contracts <br />Capital improvements 117 <br />Equipment acquisition 98,018 <br />Park improvements 116,870 <br />Undesignated (17,288) <br />Total fund balance 116,870 98,018 117 0 (17,288) <br />Total liabilities and fund balance $122,084 $98,350 $5,846 $0 $0 <br />The accompanying notes are an integral part of these fmancial statements. <br />
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