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CITY OF LINO LAKES, MINNESOTA
<br />Statement 18
<br />AGENCY FUNDS
<br />COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
<br />For The Year Ended December 31,1987
<br />Balance Balance
<br />January 1, December 31,
<br />1987 Additions Deletions 1987
<br />Contractors deposits:
<br />Assets
<br />Cash and investments $7,454 $3,995 $10,477 $972
<br />Due from developers 5,776 4,385 10,161
<br />Total assets $13,230 $8,380 $10,477 $11,133
<br />Liabilities
<br />Accounts payable $5,840 $2,295 $5,956 $2,179
<br />Due to developers 7,390 1,564 8,954
<br />Total liabilities $13,230 $3,859 $5,956 $11,133
<br />Investment Fund:
<br />Assets
<br />Accrued interest on investments $6,991 $11,684 $6,991 $11,684
<br />Total assets $6,991 $11,684 $6,991 $11,684
<br />Liabilities
<br />Cash overdraft $6,991 $11,684 $6,991 $11,684
<br />Total liabilities $6,991 $11,684 $6,991 $11,684
<br />Deferred Compensation:
<br />Assets
<br />Cash with escrow agent
<br />Liabilities
<br />Deferred compensation payable
<br />Totals -All Trust and Agency Funds:
<br />$41,465 $20,461 $2,506 $59,420
<br />$41,465 $20,461 $2,506 $59,420
<br />Assets
<br />Cash and investments $7,454 $3,995 $10,477 $972
<br />Cash with escrow agent 41,465 20,461 2,506 59,420
<br />Accrued interest on investments 6,991 11,684 6,991 11,684
<br />Due from developers 5,776 4,385 0 10,161
<br />Total assets $61,686 $40,525 $19,974 $82,237
<br />Liabilities
<br />Cash overdraft $6,991 $11,684 $6,991 $11,684
<br />Accounts payable 5,840 2,295 5,956 2,179
<br />Due to developers 7,390 1,564 0 8,954
<br />Deferred compensation payable 41,465 20,461 2,506 59,420
<br />Total liabilities $61,686 $36,004 $15,453 $82,237
<br />The accompanying notes are an integral part of these financial statements.
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