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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 1995
<br />Note 3 FIXED ASSETS
<br />A summary of changes in general fixed assets is as follows:
<br />Land and improvements
<br />Buildings and structures
<br />Equipment and furniture
<br />Machinery and vehicles
<br />Other improvements
<br />Totals
<br />%IN or
<br />Balance Balance
<br />1/1/95 Additions Deletions 12/31/95
<br />$629,600 $20,000 $ $649,600
<br />1,498,100 41,400 1,539,500
<br />798,546 53,599 14,520 837,625
<br />601,232 177,122 14,700 763,654
<br />150,813 23,500 - 174,313
<br />$3,678,291 $315,621 $29,220 $3,964,692
<br />A summary of Proprietary Fund fixed assets at December 31, 1995 is as follows:
<br />Buildings and structures
<br />Machinery and equipment
<br />Water and sewer lines
<br />Acquisition costs - gas utility
<br />Total
<br />Less: Accumulated depreciation
<br />Net Fixed Assets
<br />•
<br />Sewer
<br />$ -
<br />41,176
<br />9,140,730
<br />Gas
<br />Water Utility
<br />$48,690 $
<br />47,605
<br />6,759,351
<br />2,375
<br />2,375
<br />9,181,906 6,855,646
<br />(873,947) (644,917)
<br />$8,307,959 $6,210,729 $2,375 $14,521,063
<br />Total
<br />$48,690
<br />88,781
<br />15,900,081
<br />2,375
<br />16,039,927
<br />(1,518,864)
<br />37
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