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Comprehensive Annual Financial Report 12/31/2009
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Comprehensive Annual Financial Report 12/31/2009
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Comprehensive Annual Financial Report
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12/31/2009
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CITY OF LINO LAKES, MINNESOTA <br />COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS <br />December 31, 2009 <br />Assets <br />Cash and investments <br />Cash and investments <br />with escrow agent <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 />Long -term notes receivable <br />Prepaid items <br />Capital Projects (continued) <br />Tax Tax Tax Tax <br />Increment Increment Increment Increment <br />Financing Financing Financing Financing Dedicated <br />1 -5 1 -9 1 -10 1 -11 Parks <br />$ 51,401 $ 352,110 $ 85,118 $ - $ 104,784 <br />82,083 <br />3,500 <br />Total assets $ 51,401 $ 352,110 $ 85,118 $ 82,083 $ 108,284 <br />Liabilities and Fund Balance <br />Liabilities: <br />Interfund payable $ - $ - $ - $ 763,728 $ <br />Accounts payable 417 200 451 2,918 <br />Salaries payable - - - <br />Contracts and retainage payable <br />Advances from other funds - - - - 736,772 <br />Deferred revenue - - - 82,083 <br />Total liabilities 417 200 451 848,729 736,772 <br />Fund balance (deficit): <br />Reserved for prepaid items - - - - <br />Reserved for debt retirement - - - <br />Reserved for environmental improvement - - - - <br />Reserved for long -term notes receivable - - - <br />Unreserved: <br />Designated: <br />Recreation programs - - - - - <br />Capital improvements 50,984 351,910 84,667 <br />Undesignated - - - (766,646) (628,488) <br />Total fund balance (deficit) 50,984 351,910 84,667 (766,646) (628,488) <br />Total liabilities and fund balance $ 51,401 $ 352,110 $ 85,118 $ 82,083 $ 108,284 <br />71 <br />
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