|
CITY OF LAKE ELMO, MINNESOTA
<br />COMBINING BALANCE SHEET
<br />NONMAJOR GOVERMENTAL FUNDS
<br />DECEMBER 31, 2024
<br />
<br />
<br />90
<br /> Total Nonmajor
<br />Special Revenue
<br />Funds
<br /> Total Nonmajor
<br />Capital Project
<br />Funds
<br /> Total Nonmajor
<br />Governmental
<br />Funds
<br />ASSETS
<br />Cash, Cash Equivalents, and Investments 39,955$ 8,170,016$ 8,209,971$
<br />Assessments Receivable - 19,809 19,809
<br />Accounts Receivable - 32,110 32,110
<br />Interest Receivable 137 31,235 31,372
<br />TOTAL ASSETS 40,092$ 8,253,170$ 8,293,262$
<br />LIABILITIES
<br />Accounts Payable -$ 78,528$ 78,528$
<br />Construction Contracts Payable - 233,625 233,625
<br />Due to Other Funds - 920,627 920,627
<br />Unearned Revenue - 250,000 250,000
<br />Total Liabilities - 1,482,780 1,482,780
<br />DEFERRED INFLOWS OF RESOURCES
<br />Unavailable Revenue:
<br />Special Assessments - 19,808 19,808
<br />FUND BALANCES
<br />Restricted - 5,387,629 5,387,629
<br />Committed 27,239 - 27,239
<br />Assigned 12,853 2,350,619 2,363,472
<br />Unassigned - (987,666) (987,666)
<br />Total Fund Balances 40,092 6,750,582 6,790,674
<br />TOTAL LIABILITIES, DEFERRED INFLOWS
<br />OF RESOURCES, AND FUND BALANCES 40,092$ 8,253,170$ 8,293,262$
<br />
|