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Comprehensive Annual Financial Report 12/31/1997
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Comprehensive Annual Financial Report 12/31/1997
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Comprehensive Annual Financial Report
Date
12/31/1997
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CITY OF LINO LAKES, MINNESOTA <br />CAPITAL PROJECT FUNDS <br />COMBINING BALANCE SHEET <br />December 31, 1997 <br />With Comparative Totals For December 31, 1996 <br />Assets <br />Cash and investments <br />Accounts receivable <br />Due from other governmental units <br />Interfund receivable <br />Taxes receivable: <br />Delinquent <br />Due from County <br />Delinquent tax increment <br />Special assessments receivable: <br />Delinquent <br />Deferred <br />Due from County <br />Prepaid items <br />Land held for resale <br />ES� <br />t� l'3 k Surfac <br />MSA I Street Water . <br />Construction Reconstruction Sealcoating Management <br />$7,162 $68,600 $285,035 $1,079,537 <br />82 118 1,091 <br />278,101 115,191 288,931 <br />43 240 617 <br />Total assets $7,162 $346,826 $400,584 $1,370,176 <br />Liabilities and Fund Balance <br />Liabilities: <br />Interfund payable $ - $ $ - $ - <br />Accounts payable 31,780 - 1,891 3,917 <br />Contracts payable - 6,181 - <br />Due to other governmental units - - <br />Deferred revenue 278,183 115,309 290,022 <br />Total liabilities 31,780 278,183 123,381 293,939 <br />Fund balance (deficit): <br />Reserved for prepaid items <br />Reserved for land held for resale <br />Unreserved: <br />Designated: <br />Capital improvements 68,643 277,203 1,076,237 <br />Equipment acquisition <br />Park improvements <br />Undesignated (24,618) <br />Total fund balance (deficit) (24,618) 68,643 277,203 1,076,237 <br />Total liabilities and fund balance $7,162 $346,826 $400,584 $1,370,176 <br />80 <br />
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