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Assets
<br />CITY OF LINO LAKES, MINNESOTA
<br />DEBT SERVICE FUNDS
<br />COMBINING BALANCE SHEET
<br />December 31, 1990
<br />Improvement Improvement Improvement Improvement Improvement
<br />Closed Bonds Bonds Bonds Bonds Bonds of
<br />Bond of 1981 of 1983 of 1984 of 1986 1988
<br />Cash and investments $61,370 $23,891 $14,416 $9,021 $247,333 $638,393
<br />Cash and investments with escrow agent
<br />Taxes receivable:
<br />Delinquent 753
<br />Special assessments receivable:
<br />Delinquent 8,242 111,474
<br />Deferred 4,643 40,473 5,720 62,631 450,674
<br />Special deferred 34,475 9,366
<br />City property 131,752 10,801
<br />Tax forfeit 34 262 121,004
<br />Due from County 11.507
<br />Total assets $62,157 $28,796 $54,889 $14,741 $605,437 $1,232,215
<br />Liabilities and Fund Balance
<br />Liabilities:
<br />Cash overdraft
<br />Deferred revenue $787 $4,905 $40,473 , $5,720 $358,104 $582,315
<br />Total liabilities 787 4,905 40,473 5,720 358,104 582,315
<br />Fund balance (deficit):
<br />Reserved for debt retirement 23,891 14,416 9,021 247,333 649,900
<br />Unreserved:
<br />Undesignated 61,370
<br />Total fund balance (deficit) 61,370 23.891 14,416 9.021 247,333 649,900
<br />Total liabilities and fund balance $62,157 $28,796 $54,889 $14,741 $605,437 51,232,215
<br />The accompanying notes are an integral part of these financial statements.
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