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CITY OF LINO LAKES, MINNESOTA <br />NET ASSETS BY COMPONENT, <br />— LAST FOUR FISCAL YEARS <br />(accrual basis of accounting) <br />IMMO <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 />— <br />Restricted <br />Unrestricted <br />— Total primary government net assets <br />IMIIM <br />aim <br />Rim <br />MINN <br />Table 1 <br />Fiscal Year <br />2003 <br />2004 <br />$ 25,993,905 $ 28,807,262 <br />3,568,555 3,045,052 <br />15, 668, 226 16, 249, 541 <br />2005 <br />$ 25,460,528 <br />12,050,484 <br />13,577,071 <br />$ 45,230,686 $ 48,101,855 $ 51,088,083 <br />$ 25,537,383 <br />3,778,936 <br />$ 26,713,498 $ 28,342,832 <br />4,744,875 5,572,338 <br />$ 29,316,319 $ 31,458,373 $ 33,915,170 <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 />$ 74,547,005 $ 79,560,228 $ 85,003,253 <br />Note: The City began to report accrual information when it implemented GASB 34 in fiscal year 2003. <br />90 <br />2006 <br />$ 29,549,174 <br />10,704,508 <br />14,516,466 <br />$ 54,770,148 <br />$ 29,485,942 <br />6,880,547 <br />$ 36,366,489 <br />$ 59,035,116 <br />10,704,508 <br />21,397,013 <br />$ 91,136,637 <br />