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CITY OF LINO LAKES, MINNESOTA
<br />BALANCE SHEET - GOVERNMENTAL FUNDS
<br />December 31, 2004
<br />G.O. Taxable Area and
<br />Improvement Dedicated Unit
<br />Assets General Bonds 2002B Parks Charge
<br />Cash and investments $ 3,858,234 $ 503,628 $ 287,662 $ 3,323,864
<br />Cash and investments with escrow agent
<br />Accrued interest receivable 90,849
<br />Accounts receivable 112,666 17,719
<br />Due from other governmental units 191,171
<br />Interfund receivable 995,600
<br />Taxes receivable:
<br />Delinquent 78,445
<br />Due from County 70,103
<br />Delinquent tax increment
<br />Special assessments receivable:
<br />Delinquent 31,887 4,798
<br />Deferred 1,423,237 1,060,029
<br />Due from County -
<br />13,453
<br />Prepaid items 142,492 - -
<br />Advances to Other Funds 957,112
<br />Total assets $ 5,539,560 $ 1,958,752 $ 287,662 $ 5,376,975
<br />Liabilities and equity
<br />Liabilities:
<br />Interfund payable $ - $ $ $
<br />Accounts payable 151,942 95,364
<br />Salaries payable 92,291
<br />Retainage payable 10,189
<br />Due to other governmental units 6,417 - -
<br />Advances from Other Funds - 957,112 -
<br />Deferred revenue 78,445 1,455,124 - 1,064,827
<br />Total liabilities 329,095 1,455,124 957,112 1,170,380
<br />Fund Balances:
<br />Reserved
<br />Reserved for Prepaid Items 142,492 -
<br />Reserved for Debt Retirement 503,628
<br />Reserved for Advances to Funds - 957,112
<br />Unreserved:
<br />Designated:
<br />General Fund 5,067,973
<br />Special Revenue Funds -
<br />Capital Projects Funds 3,249,483
<br />Undesignated Reported in:
<br />Special Revenue Funds
<br />Debt Service Funds
<br />Capital Projects Funds (669,450)
<br />Total equity and other credits 5,210,465 503,628 (669,450) 4,206,595
<br />Total liabilities and equity $ 5,539,560 $ 1,958,752 $ 287,662 $ 5,376,975
<br />The accompanying notes are an integral part of these basic financial statements.
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