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CITY OF LINO LAKES, MINNESOTA
<br />Statement 16
<br />AGENCY FUNDS
<br />COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
<br />For The Year Ended December 31, 1988
<br />Balance Balance
<br />January 1, December 31,
<br />1988 Additions Deletions 1988
<br />Contractors deposits:
<br />Assets
<br />Cash and investments $972 $13,569 $10,992 $3,549
<br />Due from developers 10,161 6,372 16,533
<br />Total assets $11,133 $19,941 $10,992 $20,082
<br />Liabilities
<br />Accounts payable $2,179 $482 $2,179 $482
<br />Due to developers 8,954 18,772 8,126 19,600
<br />Total liabilities $11,133 $19,254 $10,305 $20,082
<br />Investment Fund:
<br />Assets
<br />Accrued interest on investments
<br />Total assets
<br />Liabilities
<br />Cash overdraft
<br />Total liabilities
<br />Deferred Compensation:
<br />Assets
<br />Cash with escrow agent
<br />Liabilities
<br />Deferred compensation payable
<br />Totals -All Trust and Agency Funds:
<br />$11,684 $14,732 $11,684 $14,732
<br />$11,684 $14,732 $11,684 $14,732
<br />$11,684 $14,732 $11,684 $14,732
<br />$11,684 $14,732 $11,684 $14,732
<br />$59,420 $28,392 $1,638 $86,174
<br />$59,420 $28,392 $1,638 $86,174
<br />Assets
<br />Cash and investments $972 $13,569 $10,992 $3,549
<br />Cash with escrow agent 59,420 28,392 1,638 86,174
<br />Accrued interest on investments 11,684 14,732 11,684 14,732
<br />Due from developers 10,161 6,372 0 16,533
<br />Total assets $82,237 $63,065 $24,314 $120,988
<br />Liabilities
<br />Cash overdraft $11,684 $14,732 $11,684 $14,732
<br />Accounts payable 2,179 482 2,179 482
<br />Due to developers 8,954 18,772 8,126 19,600
<br />Deferred compensation payable 59,420 28,392 1,638 86,174
<br />Total liabilities $82,237 $62,378 $23,627 $120,988
<br />The accompanying notes are an integral part of these fmancial statements.
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