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CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2009
<br />CHANGE IN LONG -TERM LIABILITIES
<br />Long -term liability activity for the year ended December 31, 2009, 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 />Fannie Mae loan payable
<br />Compensated absences
<br />Total governments] 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 />$11,105,000
<br />$3,965,000
<br />($760,000)
<br />$14,310,000
<br />$2,235,000
<br />1,910,000
<br />-
<br />-
<br />1,910,000
<br />100,000
<br />870,000
<br />-
<br />(160,000)
<br />710,000
<br />165,000
<br />945,000
<br />825,000
<br />(945,000)
<br />825,000
<br />130,000
<br />460,000
<br />385,000
<br />(460,000)
<br />385,000
<br />70,000
<br />400,000
<br />1,645,000
<br />(40,000)
<br />2,005,000
<br />360,000
<br />9,505,000
<br />-
<br />(160,000)
<br />9,345,000
<br />180,000
<br />4,755,000
<br />(205,000)
<br />4,550,000
<br />215,000
<br />29,950,000
<br />6,820,000
<br />(2,730,000)
<br />34,040,000
<br />3,455,000
<br />2,500,000
<br />-
<br />(450,000)
<br />2,050,000
<br />2,050,000
<br />609,318
<br />323,111
<br />(271,754)
<br />660,675
<br />198,137
<br />$33,059,318 $7,143,111 ($3,451,754) $36,750,675 $5,703,137
<br />$2,165,000 $ - ($165,000) $2,000,000 $175,000
<br />115,404 76,578 (58,118) 1335864 40,146
<br />$2,280,404 $76,578 ($223,118) $2,133,864 $215,146
<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, 2009 is backed by the full faith and credit
<br />of the City, including improvement and revenue bond issues, except for the 1997 Liquor Revenue Bonds,
<br />the Public Facilities Lease Revenue Bonds of 2003, and the Tax Increment Bonds of 2006B and 2007.
<br />Delinquent assessments receivable at December 31, 2009 totaled $34,414.
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