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Comprehensive Annual Financial Report 12/31/1996
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Comprehensive Annual Financial Report 12/31/1996
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Audit Report 12/31/1996
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CITY OF LINO LAKES, MINNESOTA <br />CAPITAL PROJECT FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1996 <br />With Comparative Totals For December 31, 1995 <br />Tax <br />Apollo Apollo Town Increment <br />1997 Business Drive Center Financing <br />Construction Park Construction Project 1 -1 <br />Assets <br />Cash and investments $ $191,557 $53,745 $ $346,392 <br />Accounts receivable - - - <br />Due from other governmental units 64,245 <br />Interfund receivable - <br />Taxes receivable: <br />Delinquent <br />Due from County 3,131 <br />Delinquent tax increment 1 <br />Special assessments receivable: <br />Delinquent <br />Deferred 8,038 <br />City property - <br />Due from County <br />Total assets $0 $199,595 $117,990 SO $349,524 <br />Liabilities and Fund Balance <br />Liabilities: <br />Interfund payable $117,014 $ - $ - $17,789 $ - <br />Accounts payable 5,839 840 18,747 57 <br />Contracts payable - - <br />Due to other governmental units 1,567 <br />Deferred revenue 8,038 1 <br />Total liabilities 122,853 8,038 840 36,536 1,625 <br />Fund balance (deficit): <br />Unreserved: <br />Designated: <br />Committed contracts <br />76 <br />Capital improvements 191,557 117,150 347,899 <br />Equipment acquisition <br />Park improvements <br />Undesignated (122,853) (36,536) <br />Total fund balance (deficit) (122,853) 191,557 117,150 (36,536) 347,899 <br />Total liabilities and fund balance $0 $199,595 $117,990 $0 $349,524 <br />
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