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CITY OF LINO LAKES, MINNESOTA <br />BALANCE SHEET - GOVERNMENTAL FUNDS <br />December 31, 2011 <br />G.O. Improvement <br />Improvement Note <br />Assets General Bonds 2005A 2009A <br />Cash and investments $ 5,337,583 $ 2 $ 491 <br />Cash and investments with escrow agent <br />Accrued interest receivable 70,842 - <br />Accounts receivable 86,822 <br />Due from other governmental units 149,462 <br />Interfund receivable - <br />Taxes receivable: <br />Delinquent 297,117 <br />Due from county 98,305 <br />Special assessments receivable: <br />Delinquent - - <br />Deferred 19,101 5,851,618 4,158,530 <br />Due from county - - <br />Long-term notes receivable - <br />Prepaid items 165,079 <br />Permanently restricted cash and investments - <br />Advances to other funds <br />Total assets $ 6,224,311 $ 5,851,620 $ 4,159,021 <br />Liabilities and Fund Balances <br />Liabilities: <br />Interfund payable <br />Accounts payable <br />Salaries payable <br />Contracts and retainage payable <br />Due to other governmental units <br />Advances from other funds <br />Deferred revenue <br />Total liabilities <br />113,145 <br />183,762 <br />4,820 <br />1,186 <br />316,218 <br />619,131 <br />$ 1,628,615 $ <br />5,851,618 4,158,530 <br />7,480,233 4,158,530 <br />Fund balances: <br />Nonspendable 165,079 - <br />Restricted - 491 <br />Committed - <br />Assigned - <br />Unassigned 5,440,101 (1,628,613) - <br />Total fund balances 5,605,180 (1,628,613) 491 <br />Total liabilities and fund balances $ 6,224,311 $ 5,851,620 $ 4,159,021 <br />The accompanying notes are an integral part of these basic financial statements. <br />24 <br />1 <br />1 <br />I35E 1 <br />Interchange <br />$ 1 <br />1 <br />1 <br />1 <br />1 <br />$ 3,759 <br />3,083 1 <br />6,842 <br />1 <br />(6,842) <br />(6,842) <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />