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CITY OF LINO LAKES, MINNESOTA <br />NET ASSETS BY COMPONENT, <br />LAST SIX FISCAL YEARS <br />(accrual basis of accounting) <br />Table 1 <br />Governmental activities <br />Invested in capital assets, net of related debt <br />Restricted <br />Unrestricted <br />Total governmental activities net assets <br />Business -type activities <br />Invested in capital assets, net of related debt <br />Unrestricted <br />Total business -type activities net assets <br />Primary Government <br />Invested in capital assets, net of related debt <br />Restricted <br />Unrestricted <br />Total primary govemment net assets <br />Note: The City began to report accrual in <br />Fiscal Year <br />2003 <br />$ 25,993,905 <br />3,568, 555 <br />15, 668, 226 <br />$ 45,230,686 <br />2004 <br />$ 28,807,262 <br />3,045,052 <br />16,249,541 <br />2005 <br />$ 25,460,528 <br />12,050,484 <br />13,577,071 <br />2006 <br />$ 29,549,174 <br />10,704,508 <br />14,516,466 <br />2007 <br />$ 36,789,153 <br />10, 324,467 <br />6,339,528 <br />2008 <br />$ 28,472,865 <br />9,870,676 <br />10,790,359 <br />y$ 48,101,855 $ 51,088,083 $ 54,770,148 .$ 53,453,148. $ 49 133,900. <br />$ 25,537,383 $ 26,713,498 $ 28,342,832 $ 29,485,942 $ 29,836,775 $ 30,372,670 <br />3,778,936 4,744,875 5,572,338 6,880,547 8,063,983 9,028,778 <br />$ 29,316,319 $ 31,458,373 $ 33,915,170 $ 36,366,489 $ 37,900,758 $ 39,401,448 <br />$ 51,531,288 <br />3,568,555 <br />19,447,162 <br />$ 55,520,760 <br />3,045,052 <br />20,994,416 <br />$ 53,803,360 <br />12,050,484 <br />19,149,409 <br />$ 59,035,116 $ 66,625,928 <br />10, 704, 508 10, 324, 467 <br />21, 397, 013 14, 403, 511 <br />$ 58,845,535 <br />9,870,676 <br />19,819,137 <br />$ 74,547,005 $ 79,560,228 $ 85,003,253 $ 91,136,637 $ 91,353,906 $ 88,535,3.48 <br />ation when it implemented GASB 34 in fiscal year 2003. <br />92 <br />