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Annual Financial Report 12/31/1990
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Annual Financial Report 12/31/1990
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Annual Financial Report
Date
12/31/1990
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CITY OF LINO LAKES, MINNESOTA <br />CAPITAL PROJECT FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1990 <br />Interim MSA SAC 1983 1988A 1988B <br />Construction Construction Revolvine Construction Construction Construction <br />Assets <br />Cash and investments $15,140 $389,904 $49,561 $131,839 $84,729 <br />Cash and investments with escrow agent <br />Accounts receivable <br />Due from other governmental units <br />Taxes receivable: <br />Delinquent <br />Due from County <br />Special assessments receivable: <br />Delinquent <br />Due from County <br />Deferred $10,915 14,911 <br />Special deferred <br />Total assets <br />Liabilities and <br />Fund Balance <br />10 915 =MM. $389,904 $49,561 $131,839 $84,729 <br />Liabilities: <br />Cash overdraft $68,311 <br />Accounts payable 24,628 <br />Contracts payable 68,554 <br />Due to other governmental units 3,438 <br />Deferred revenue 10.915 <br />Total liabilities 175,846 <br />$14.911 <br />$24,404 <br />$71 <br />14,911 $0 24,404 $0 $71 <br />Fund balance (deficit): <br />Unreserved: <br />Designated: <br />Committed contracts <br />Capital improvements 15,140 389,904 25,157 131,839 84,658 <br />Equipment acquisition <br />Park improvements <br />Undesignated (164,931) <br />Total fund balance (deficit) (164,931) 15.140 389,904 25.157 131,839 84.658 <br />Total liabilities and fund balance $10,915 $30,051 $389,904 $49,561 $131,839 $84.729 <br />The accompanying notes are an integral part of these financial statements. <br />
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