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1974 CAFR
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1974 CAFR
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r.. <br />1 CITY OF ST, ANTHONY, MINNESOTA <br />rSPECIAL ASSESSMENT FUND <br />BALANCE <br />Construction Debt Service <br />L_ <br />LSee accompanying notes to financial statements. <br />13 <br />Total <br />accounts—. <br />accounts <br />Fund balance January 1, 1974 <br />Y 408,346 <br />$ 57,479 <br />$ 3500867 <br />Adjustment to indicate cumulative effect <br />on fund balances at January 1, 1974 <br />of deferred taxes receivable, amounts <br />to be provided for debt retirement, <br />and interfund transactions, is order <br />to restate fund in accordance with <br />generally accepted accounting <br />principles <br />I <br />5(557,446) <br />92,548) <br />$(464,898) <br />Fund balance (deficit) January 1, 1974 <br />after adjustment <br />$(149,100 <br />S <br />,( 35,069) <br />$(114,031) <br />Add <br />Interest on special. assessments <br />$ 60,117 <br />$ 60,117 <br />Increase :in sp!cial assessments <br />557,846 <br />557,846 <br />Gencral property taxes <br />25,113 <br />25,7.13 <br />Interest: eerne2 <br />99,996 <br />$ 10,107 <br />89,889 <br />Reduction of prior nears accounts <br />payable <br />71,521 <br />71,521 <br />fi 814,593 <br />$ 81,628 <br />$ 732,905_ <br />Deduct <br />Improvement costs <br />$ 3,631 <br />$ 3,631 <br />Interest expense <br />99,755 <br />10,400 <br />$ 89,355 <br />Service charges <br />691 <br />691 <br />Other <br />19 <br />19 <br />_ 104,096 <br />$ 14,031 <br />_ <br />$ 90,065 <br />Fund balance December 31, 1974 <br />S 561,397 <br />S_32,52g <br />L 528_869 <br />L_ <br />LSee accompanying notes to financial statements. <br />13 <br />
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