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Annual Financial Report 12/31/1988
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Annual Financial Report 12/31/1988
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Annual Financial Report
Date
12/31/1988
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CITY OF LINO LAKES, MINNESOTA <br />CAPITAL PROJECT FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1988 <br />Statement 10 <br />Page 1 of 3 <br />Parks Capital Community Baldwin I ake <br />and Improvement Development Mobile Reiling <br />Playgrounds Projects Block Grant Home Court Road <br />Assets <br />Cash and investments $151,499 $60,059 $42,431 <br />Accounts receivable 5,060 <br />Taxes receivable: <br />Delinquent 183 <br />Due from County <br />Special assessments receivable: <br />Delinquent <br />Deferred <br />Special Deferred <br />Due from other governmental units $11,612 <br />Total assets <br />Liabilities and <br />Fund Balance <br />$156,559 $60,242 $11,612 $42,431 $0 <br />Liabilities: <br />Cash overdraft $5,513 $1,628 <br />Accounts payable $45 8,340 <br />Contracts payable 1,206 <br />Due to other governmental units $24,403 <br />Deferred revenue 5,060 $183 <br />Total liabilities 5,105 183 13,853 24,403 2,834 <br />Fund balance (deficit): <br />Unreserved: <br />Designated: <br />Committed contracts <br />Capital improvements 18,028 <br />Equipment acquisition 60,059 <br />Park improvements 151,454 <br />Undesignated (2,241) (2,834) <br />Total fund balance 151,454 60,059 (2,241) 18,028 (2,834) <br />Total liabilities and fund balance $156,559 $60,242 $11,612 $42,431 $0 <br />The accompanying notes are an integral part of these financial statements. <br />
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