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#03 - Audit Presentation
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#03 - Audit Presentation
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8/15/2025 10:18:59 AM
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CITY OF LAKE ELMO, MINNESOTA <br />BALANCE SHEET (Continued) <br />GOVERNMENTAL FUNDS <br />DECEMBER 31, 2024 <br /> <br /> <br />See accompanying notes. 29 <br /> General Fund <br /> Debt Service <br />Fund <br /> 2024 Street & <br />Utility <br />Improvement <br />Fund <br /> Hudson Blvd Imp- <br />Seg A-InwdHdrx <br />Fund <br /> Total Nonmajor <br />Governmental <br />Funds <br /> Total <br />Governmental <br />Funds <br />Capital Project Funds <br /> <br />FUND BALANCES <br />Restricted -$ 5,678,193$ 368,438$ 1,219,181$ 5,387,629$ 12,653,441$ <br />Committed - - - - 27,239 27,239 <br />Assigned - - - - 2,363,472 2,363,472 <br />Unassigned 10,324,572 - - - (987,666) 9,336,906 <br />Total Fund Balances 10,324,572 5,678,193 368,438 1,219,181 6,790,674 24,381,058 <br />TOTAL LIABILITIES, DEFERRED <br />INFLOWS OF RESOURCES, <br />AND FUND BALANCES 14,829,484$ 9,439,299$ 473,165$ 2,078,488$ 8,293,262$ 35,113,698$ <br />
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