|
CITY OF LINO LAKES, MINNESOTA
<br />Statement 18
<br />AGENCY FUNDS
<br />COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
<br />For The Year Ended December 31, 1990
<br />Balance Balance
<br />January 1, December 31,
<br />1990 Additions Deletions 1990
<br />Contractors deposits:
<br />Assets
<br />Cash and investments $33,993 $97,123 $109,296 $21,820
<br />Due from developers 32,924 48,530 81,454
<br />Total assets $66,917 $145,653 $109,296 $103,274
<br />Liabilities
<br />Accounts payable $5,690 $26,134 $5,690 $26,134
<br />Due to developers 61,227 111,057 95,144 77,140
<br />Total liabilities $66,917 $137,191 $100,834 $103,274
<br />Investment Fund:
<br />Assets
<br />Accrued interest on investments
<br />Liabilities
<br />Cash overdraft
<br />Deferred Compensation:
<br />Assets
<br />Cash with escrow agent
<br />Liabilities
<br />Deferred compensation payable
<br />Totals -All Trust and Agency Funds:
<br />$90,731 $122,321 $90,731 $122,321
<br />$90,731 $122,321 $90,731 $122,321
<br />$119,058 $42,096 $212 $160,942
<br />$119 058 $42,096 $212 $160,942
<br />Assets
<br />Cash and cash equivalents $33,993 $97,123 $109,296 $21,820
<br />Cash with escrow agent 119,058 42,096 212 160,942
<br />Accrued interest on investments 90,731 122,321 90,731 122,321
<br />Due from developers 32,924 48,530 81,454
<br />Total assets $276,706 $310,070 $200,239 $386,537
<br />Liabilities
<br />Cash overdraft $90,731 $122,321 $90,731 $122,321
<br />Accounts payable 5,690 26,134 5,690 26,134
<br />Due to developers 61,227 111,057 95,144 77,140
<br />Deferred compensation payable 119,058 42,096 212 160,942
<br />Total liabilities $276,706 $301,608 $191,777 $386,537
<br />The accompanying notes are an integral part of these financial statements.
<br />
|