Laserfiche WebLink
CITY OF ST. ANTHONY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2013 <br />unfunded actuarial accrued liability is being amortized using the level percentage of projected payroll <br />method over 30 years on an open basis. <br />Note 9 INTERFUND RECEIVABLES/PAYABLES. LOANS AND TRANSFERS <br />Individual fund interfund receivable and payable balances at December 31, 2013 are as follows: <br />Fund Receivable Payable <br />Major Funds: <br />General Fund <br />HRA Directed Projects <br />2012 Street Improvement Project Fund <br />2014 Street Improvement Project Fund <br />Nonmajor Funds: <br />HRA Fund <br />Internal Service Fund <br />Total <br />$504,259 $ <br />- 121,453 <br />41,090 <br />64,508 <br />244,677 <br />32,531 <br />$504,259 $504,259 <br />Interfund payables and receivables are representative of lending/borrowing arrangements to cover deficit cash <br />balances at the end of the fiscal year. <br />Interfund loans: <br />Fund <br />Major funds: <br />Water and Sewer <br />HRA Projects <br />Street Improvement Project <br />Nonmajor funds: <br />Revolving Improvement Fund <br />Total <br />Receivable Payable Purpose <br />$1,026,721 $ - <br />959,326 Provide financing for pay off of Fannie Mae loan <br />5,575 Provide financing for pay off of Fannie Mae loan <br />61,820 Provide financing for Arbors Alley Project <br />$1,026,721 $1,026,721 <br />77 <br />