|
CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF NET POSITION - PROPRIETARY FUNDS
<br />December 31, 2013
<br />Statement 7
<br />Assets
<br />Current assets:
<br />Cash and cash equivalents
<br />Accounts receivable
<br />Due from other governmental units
<br />Interfund receivable
<br />Due from county - special assessments
<br />Prepaid items
<br />Total current assets
<br />Non-current assets:
<br />Inventory
<br />Capital assets being depreciated:
<br />Buildings
<br />Equipment
<br />Water and sewer systems
<br />Total capital assets
<br />Less: allowance for depreciation
<br />Net capital assets
<br />Total noncurrent assets
<br />Total assets
<br />Liabilities
<br />Current liabilities:
<br />Accounts payable
<br />Salaries payable
<br />Other accrued liabilities
<br />Compensated absences payable - current portion
<br />Total current liabilities
<br />Non-current liabilities:
<br />Compensated absences payable - long term
<br />Total liabilities
<br />Net position
<br />Investment in capital assets
<br />Unrestricted
<br />Total net position
<br />Water
<br />$ 4,791,243
<br />207,315
<br />1,312
<br />6,877
<br />5,006,747
<br />14,684
<br />48,690
<br />155,276
<br />20,088,392
<br />20,292,358
<br />(6,431,915)
<br />Sewer
<br />$ 7,286,546
<br />207,771
<br />1,643
<br />559,110
<br />1,312
<br />14,519
<br />8,070,901
<br />390,235
<br />21,406,972
<br />21,797,207
<br />(7,234,366)
<br />13,860,443 14,562, 841
<br />13,875,127 14,562,841
<br />18,881,874 22,633,742
<br />14,064
<br />7,359
<br />297
<br />17,412
<br />39,132
<br />9,679
<br />48,811
<br />9,887
<br />7,361
<br />17,412
<br />34,660
<br />9,679
<br />44,339
<br />Total
<br />2013
<br />$ 12,077,789
<br />415,086
<br />1,643
<br />559,110
<br />2,624
<br />21,396
<br />13,077,648
<br />14,684
<br />48,690
<br />545,511
<br />41,495,364
<br />42,089,565
<br />(13,666,281)
<br />28,423,284
<br />28,437,968
<br />41,515,616
<br />23,951
<br />14,720
<br />297
<br />34,824
<br />73,792
<br />19,358
<br />93,150
<br />13,860,443 14,562, 841 28,423,284
<br />4,972,620 8,026,562 12,999,182
<br />$ 18,833,063 $ 22,589,403 $ 41,422,466
<br />The accompanying notes are an integral part of these basic financial statements.
<br />31
<br />
|