|
1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF NET ASSETS - PROPRIETARY FUNDS
<br />December 31, 2010
<br />Statement 7
<br />Assets
<br />Current assets:
<br />Cash and cash equivalents
<br />Accounts receivable
<br />Due from other governmental units
<br />Interfund receivable
<br />Special assessments receivable
<br />Due from county - special assessments
<br />Prepaid items
<br />Total current assets
<br />Non - current assets:
<br />Special assessments, long term
<br />Inventory
<br />Unamortized bond issue costs
<br />Capital assets being depreciated:
<br />Buildings
<br />Equipment
<br />Water and sewer systems
<br />Total capital assets
<br />Less: allowance for depreciation
<br />Net capital assets
<br />Total noncurrent assets
<br />Total assets
<br />Liabilities
<br />Current liabilities:
<br />Accounts payable
<br />Salaries payable
<br />Deferred Revenue
<br />Accrued interest payable
<br />Bonds payable - current portion
<br />Compensated absences payable - current portion
<br />Total current liabilities
<br />Non - current liabilities:
<br />Bonds payable - long term
<br />Compensated absences payable - long term
<br />Total noncurrent liabilities
<br />Total liabilities
<br />Net assets
<br />Invested in capital assets, net of related debt
<br />Unrestricted
<br />Total net assets
<br />The accompanying notes are an integral part of these basic financial statements.
<br />30
<br />Water
<br />$ 3,555,128
<br />168,343
<br />7,798
<br />2,081
<br />9,421
<br />3,742,771
<br />Sewer
<br />$ 6,237,600
<br />215,674
<br />1,590
<br />559,111
<br />2,081
<br />11,567
<br />7,027,623
<br />Total
<br />2010
<br />$ 9,792,728
<br />384,017
<br />1,590
<br />559,111
<br />7,798
<br />4,162
<br />20,988
<br />10,770,394
<br />28,448 - 28,448
<br />27,576 - 27,576
<br />4,468 - 4,468
<br />48,690 48,690
<br />122,811 341,392 464,203
<br />19,784,263 21,258,093 41,042,356
<br />19,955,764 21,599,485 41,555,249
<br />(5,176,301) (5,936,313) (11,112,614)
<br />14,779,463 15,663,172 30,442,635
<br />14,839,955 15,663,172 30,503,127
<br />18,582,726 22,690,795 41,273,521
<br />27,488
<br />5,680
<br />208
<br />11,941
<br />390,000
<br />14,316
<br />449,633
<br />404,174
<br />6,236
<br />410,410
<br />860,043
<br />10,156
<br />5,683
<br />14,316
<br />30,155
<br />6,236
<br />6,236
<br />36,391
<br />37,644
<br />11,363
<br />208
<br />11,941
<br />390,000
<br />28,632
<br />479,788
<br />404,174
<br />12,472
<br />416,646
<br />896,434
<br />13,985,289 15,663,172 29,648,461
<br />3,737,394 6,991,232 10,728,626
<br />$ 17,722,683 $ 22,654,404 $ 40,377,087
<br />
|