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Comprehensive Annual Financial Report 12/31/2008
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Comprehensive Annual Financial Report 12/31/2008
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Comprehensive Annual Financial Report
Date
12/31/2008
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CITY OF LINO LAKES, MINNESOTA <br />COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS <br />December 31, 2008 <br />Capital Projects (continued) <br />Tax Tax Tax Tax Tax <br />Increment Increment Increment Increment Increment <br />Financing Financing Financing Financing Financing <br />1 -4 1 -5 1 -9 1 -10 1 -11 <br />Assets <br />Cash and investments $ $ 64,359 $ 297,449 $ 214,702 $ <br />Cash and investments <br />with escrow agent <br />Accounts receivable <br />Due from other governmental units <br />Taxes receivable: <br />Delinquent - <br />Due from county 1,128 28,341 <br />Delinquent tax increment 41,463 66,169 <br />Special assessments receivable: <br />Delinquent <br />Deferred <br />Due from county <br />Long -term notes receivable <br />Prepaid items <br />Total assets <br />Liabilities and Fund Balance <br />$ $ 64,359 $ 340,040 $ 214,702 $ 94,510 <br />Liabilities: <br />Interfund payable $ $ $ $ - $ 934,526 <br />Accounts payable 18,129 69,768 69,922 1,378 <br />Salaries payable - - <br />Advances from other funds - <br />Deferred revenue 41,463 66,169 <br />Total liabilities 18,129 111,231 69,922 1,002,073 <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 46,230 228,809 144,780 <br />Undesignated - - - (907,563) <br />Total fund balance (deficit) 46,230 228,809 144,780 (907,563) <br />Total liabilities and fund balance $ $ 64,359 $ 340,040 $ 214,702 $ 94,510 <br />71 <br />
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