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Annual Financial Report 12/31/1989
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Annual Financial Report 12/31/1989
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Annual Financial Report
Date
12/31/1989
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CITY OF LINO LAKES, MINNESOTA <br />GENERAL FUND <br />BALANCE SHEET <br />December 31, 1989 <br />Assets <br />Statement 6 <br />December 31. <br />1989 1988 <br />Cash and investments $987,427 $858,505 <br />Accounts receivable 10,815 4,433 <br />Due from other governmental units 21,073 5,353 <br />Taxes receivable: <br />Delinquent 44,346 37,996 <br />Due from county 22,713 26,156 <br />Assessments receivable: <br />Delinquent 125 125 <br />Prepaid expenses 53.290 56.626 <br />Total assets $1,139,789 $989,194 <br />Liabilities and Fund Balance <br />Liabilities: <br />Accounts payable $39,334 $82,573 <br />Salaries payable 4,221 2,824 <br />Customer deposits 11,999 11,198 <br />Due to other govenrunentai units 9,711 10,016 <br />Deferred revenue 44.471 38.121 <br />Total liabilities 109.736 144,732 <br />Fund Balance: <br />Unreserved: <br />Designated <br />Undesignated <br />Total fund balance <br />Total liabilities and fund balance <br />53,290 96,626 <br />976.763 747.836 <br />1.030.053 _ 844.462 <br />$1,139,789 $989,194 <br />The accompanying notes are an integral part of these financial statements. <br />
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