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CITY OF LINO LAKES, MINNESOTA
<br />DEBT SERVICE FUNDS
<br />COMBINING BALANCE SHEET
<br />December 31, 1993
<br />With Comparative Totals For December 31, 1992
<br />Temporary
<br />Improvement Improvement Improvement
<br />Closed Bonds of Bonds of Bonds of
<br />Bond 1988 1991A 1992A
<br />Assets
<br />Cash and investments $247,503 $878,646 $2,313,148 $647,142
<br />Cash and investments with escrow agent - -
<br />Taxes receivable:
<br />Delinquent 46
<br />Due from County 7 -
<br />Special assessments receivable:
<br />Delinquent 1,283 5,560 2,037 17,583
<br />Deferred 34,424 117,281 704,262 414,573
<br />Special defened
<br />City property 10,510 -
<br />Due from County 446 3,281 4,324 10,247
<br />Total assets $294,219 $1,004,768 $3,023,771 $1,089,545
<br />Liabilities and Fund Balance
<br />Liabilities:
<br />Cash overdraft
<br />Accounts payable $268
<br />Deferred revenue 46,263 $122,841 $706,299 $432,156
<br />Total liabilities 46,531 122,841 706,299 432,156
<br />Fund balance (deficit):
<br />Reserved for debt retirement - 881,927 2,317,472 657,389
<br />Unreserved:
<br />Undesignated 247,688
<br />Total fund balance (deficit) 247,688 881,927 2,317,472 657,389
<br />Total liabilities
<br />and fund balance $294,219 $1,004,768 $3,023,771 $1,089,545
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