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Comprehensive Annual Financial Report 12/31/2007
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Comprehensive Annual Financial Report 12/31/2007
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Comprehensive Annual Financial Report
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12/31/2007
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CITY OF LINO LAKES, MINNESOTA <br />COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS <br />December 31, 2007 <br />Capital Projects (continued) <br />Tax Tax <br />Town Town Increment Increment <br />Interim Center Center Financing Financing <br />Construction Project Infrastructure 1 -4 1 -5 <br />Assets <br />Cash and investments $ $ $ $ 37,396 $ 42,074 <br />Cash and investments <br />with escrow agent <br />Accrued interest receivable <br />Accounts receivable <br />Due from other governmental units <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 />Total assets $ $ $ $ 37,396 $ 42,074 <br />Liabilities and Fund Balance <br />Liabilities: <br />Interfund payable <br />Accounts payable <br />Salaries payable <br />Contracts and retainage payable <br />Due to other governments <br />Advances from other funds <br />Deferred revenue <br />Total liabilities <br />$ $ $ $ <br />360 <br />1,822 <br />2,182 <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 37,396 39,892 <br />Undesignated - <br />Total fund balance (deficit) 37,396 39,892 <br />Total liabilities and fund balance $ $ $ $ 37,396 $ 42,074 <br />66 <br />
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