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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 />Apollo ; ' , Town `2' Civic VI Town A3-zi Drive Center Center Center <br />Construction Project Project Infrastructure <br />$38,646 $ $ $619,199 <br />299,616 <br />2,857 <br />2,318 <br />989,506 <br />24,985 <br />Total assets $338,262 $994,681 $0 $644,184 <br />Liabilities and Fund Balance <br />Liabilities: <br />Interfund payable $ - $539,168 $143,878 $ - <br />Accounts payable 926 55,616 <br />Contracts payable - 13,854 <br />Due to other governmental units 5,104 <br />Deferred revenue <br />Total liabilities 926 599,888 143,878 13,854 <br />Fund balance (deficit): <br />Reserved for prepaid items 2,318 <br />Reserved for land held for resale 989,506 <br />Unreserved: <br />Designated: <br />Capital improvements 337,336 630,330 <br />Equipment acquisition - - <br />Park improvements <br />Undesignated (597,031) (143,878) <br />Total fund balance (deficit) 337,336 394,793 (143,878) 630,330 <br />Total liabilities and fund balance $338,262 $994,681 $0 $644,184 <br />82 <br />
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