|
CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2011
<br />CHANGE IN LONG-TERM LIABILITIES
<br />Long-term liability activity for the year ended December 31, 2011, was as follows:
<br />Governmental activities:
<br />Bonds payable:
<br />G.O. improvement debt
<br />G.O. street reconstruction bonds
<br />G.O. tax increment bonds
<br />G.O. revenue bonds
<br />G.O. state aid street bonds
<br />G.O. tax abatement bonds
<br />Tax increment revenue bonds
<br />G.O. public facilities lease revenue bonds
<br />Total bonds payable - governmental activities
<br />Issuance premiums (discounts)
<br />Total bonded indebtedness
<br />Fannie Mae loanpayable
<br />Compensated absences
<br />Total govemmental activities
<br />long-term liabilities
<br />Business -type activities:
<br />Revenue bonds
<br />Compensated absences
<br />Total business -type activities
<br />long-term liabilities
<br />Beginning
<br />Ending
<br />Due Within
<br />Balance
<br />Additions
<br />Reductions
<br />Balance
<br />One Year
<br />$13,450,000
<br />$5,165,000
<br />($1,970,000)
<br />$16,645,000
<br />$6,950,000
<br />1,810,000
<br />-
<br />(100,000)
<br />1,710,000
<br />105,000
<br />545,000
<br />-
<br />(175,000)
<br />370,000
<br />180,000
<br />695,000
<br />-
<br />(130,000)
<br />565,000
<br />135,000
<br />315,000
<br />-
<br />(65,000)
<br />250,000
<br />65,000
<br />1,645,000
<br />-
<br />(45,000)
<br />1,600,000
<br />120,000
<br />9,165,000
<br />-
<br />(190,000)
<br />8,975,000
<br />205,000
<br />4,335,000
<br />(225,000)
<br />4,110,000
<br />4,110,000
<br />31,960,000
<br />5,165,000
<br />(2,900,000)
<br />34,225,000
<br />11,870,000
<br />150,896
<br />105,598
<br />(20,464)
<br />236,030
<br />23,711
<br />32,110,896
<br />5,270,598
<br />(2,920,464)
<br />34,461,030
<br />11,893,711
<br />1,250,000
<br />-
<br />(1,250,000)
<br />-
<br />-
<br />691,339
<br />321,879
<br />(310,096)
<br />703,122
<br />235,895
<br />$34,052,235 $5,592,477 ($4,480360) $35,164,152 $12,129,606
<br />$1,825,000 $ - ($185,000) $1,640,000 $95,000
<br />146,140 74,162 (76,880) 143,422 58,295
<br />$1,971,140$74,162 ($261,880) $1,783,422 $153,295
<br />For the governmental activities, compensated absences are generally liquidated by the Internal Service
<br />Severance Fund and loans payable are generally liquidated by the Street Improvement Projects Fund.
<br />All long-term bonded indebtedness outstanding at December 31, 2011 is backed by the full faith and credit
<br />of the City, including improvement and revenue bond issues, except for the Public Facilities Lease
<br />Revenue Bonds of 2003 and the Tax Increment Bonds of 2006B and 2007. Delinquent assessments
<br />receivable at December 31, 2011 totaled $9,000.
<br />L
<br />63
<br />L
<br />
|