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Major capital asset events during the current fiscal year included the following:
<br />• The annual street reconstruction and infrastructure improvement project was added.
<br />Land
<br />Land improvement
<br />Buildings and structures
<br />Furniture and fixtures
<br />Infrastructure/streets
<br />Stonn sewers
<br />Stonu water
<br />Less accumulated depreciation
<br />Construction in progress
<br />Total
<br />City of St. Anthony, Minnesota's Capital Assets
<br />(net of depreciation)
<br />Governmental Activities
<br />Business -Type
<br />Activities
<br />Totals
<br />5,375,000
<br />2009
<br />2008
<br />2009
<br />2008
<br />2009
<br />2008
<br />$3,378,842
<br />$3,378,842
<br />$5,653
<br />$5,653
<br />$3,384,495
<br />$3,384,495
<br />10,199
<br />-
<br />-
<br />-
<br />10,199
<br />-
<br />9,403,047
<br />9,403,047
<br />3,883,283
<br />3,883283
<br />13,286,330
<br />13,286,330
<br />2,962,254
<br />2,906,840
<br />1,429,469
<br />589,977
<br />4,391,723
<br />3,496,817
<br />20,808,158
<br />20,679,541
<br />6,797,402
<br />6,522,693
<br />27,605,560
<br />27,202,234
<br />428,469
<br />401,913
<br />-
<br />-
<br />428,469
<br />401,913
<br />1,468,902
<br />-
<br />-
<br />-
<br />1,468,902
<br />-
<br />(9,330,593)
<br />(8,030,704)
<br />(5,098,122)
<br />(4,796,125)
<br />(14,428,715)
<br />(12,826,829)
<br />7,391,361
<br />4242,189
<br />705,193
<br />7,391,361
<br />4,947,382
<br />$36,520,639
<br />$32981,668
<br />$7,017,685
<br />$6,910,674
<br />$4 53538,324
<br />$39,892,342
<br />Additional information on the City of St. Anthony, Minnesota's capital assets can be found in
<br />Note 4.
<br />Long-term debt. At the end of the current fiscal year, the City of St. Anthony, Minnesota had
<br />total debt outstanding of $38,884,539. Of this amount, $23,985,000 comprises debt backed by
<br />the full faith and credit of the City, $10,055,000 is backed by tax increments, $2,000,000 is
<br />backed by revenues sources from the City of St. Anthony, Minnesota's enterprise funds and
<br />$2,050,000 is G.O. improvement debt for which the City is liable in the event of default by the
<br />developer of Silver Lake Village. The remainder of the City of St. Anthony, Minnesota's debt
<br />represents the liability for compensated absences.
<br />General obligation bonds
<br />General obligation:
<br />Fannie Mae loan payable
<br />G.O. revenue bonds
<br />Revenue bonds
<br />Compensated absences
<br />Im
<br />City of St. Anthony, Minnesota's Outstanding Debt
<br />General Obligation and Revenue Bonds
<br />Govermnental Activities 13usiness=Type Activities Totals
<br />2009 2008 2009 2008 2009 2008
<br />$19,320,000 $14,745,000
<br />$19,320,000 $14,745,000
<br />2,050,000
<br />2,500,000 -
<br />- 2,050,000
<br />2,500,000
<br />5,375,000
<br />5,700,000 1,815,000
<br />1,895,000 7,190,000
<br />7,595,000
<br />9,345,000
<br />9,505,000 185,000
<br />270,000 9,530,000
<br />9,775,000
<br />660,675
<br />609,318 133,864
<br />115,404 794,539
<br />724,722
<br />$36,750,675 $33,059,318 $2,133,864 $2,280,404 $38,884,539 $35,341,730
<br />22
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