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Comprehensive Annual Financial Report 12/31/1998
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Comprehensive Annual Financial Report 12/31/1998
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Comprehensive Annual Financial Report
Date
12/31/1998
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CITY OF LINO LAKES, MINNESOTA <br />CAPITAL PROJECT FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1998 <br />With Comparative Totals For December 31, 1997 <br />Tax Tax <br />Town Civic Town Increment Increment <br />Center Center Center Financing Financing <br />Project Project Infrastructure 1-4 1 -5 <br />Assets <br />Cash and investments $ $ - $318,632 $93,598 $9,269 <br />Cash and investments with escrow agent 4,864,174 - <br />Accrued interest receivable 17,740 <br />Accounts receivable - <br />Due from other governmental units <br />Interfund receivable <br />Taxes receivable: <br />Delinquent - <br />Due from County 498 <br />Delinquent tax increment 227 160 <br />Special assessments receivable: <br />Delinquent <br />Deferred <br />Due from County - <br />Prepaid items - 949 <br />Land held for resale 989,506 - <br />Total assets $989,506 <br />Liabilities and Fund Balance <br />$4,882,863 $318,632 <br />Liabilities: <br />Interfund payable $750,357 $748,555 <br />Accounts payable 135,786 970,906 <br />Contracts payable - 187,672 <br />Due to other governmental units <br />Deferred revenue <br />Total liabilities 886,143 1,907,133 <br />$94,323 $9,429 <br />$ - $ - $ - <br />1,256 699 444 <br />227 160 <br />1,256 926 604 <br />Fund balance (deficit): <br />Reserved for prepaid items - 949 - <br />Reserved for land held for resale 989,506 <br />Unreserved: <br />Designated: <br />Capital improvements 2,974,781 317,376 93,397 8,825 <br />Equipment acquisition <br />Park improvements - <br />Undesignated (886,143) <br />Total fund balance (deficit) 103,363 2,975,730 317,376 93,397 8,825 <br />Total liabilities and fund balance $989,506 $4,882,863 $318,632 <br />86 <br />$94,323 $9,429 <br />
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