|
r-
<br />17
<br />Deduct
<br />Improvement costs $ 321,584 $ 321,584
<br />Interest expense 61,021 $ 61,021
<br />Service charges 447 447
<br />Refinance construction account 12,458 12,458
<br />Decrease in special assessment 15,034 15,034
<br />$ 410,544 $ 321,584 $ 88,960
<br />Fund balance December 31, 1976 S 591.036 80 489) 6 25
<br />STATEMENT OF RECEIPTS AND DISBURSEMENTS
<br />YEAR ENDED DECEMBER 31, 1976
<br />Cash balance (deficit) January 1, 1976 $ 206,240 $( 24,020) $ 230,260
<br />Receipts
<br />CITY OF ST.
<br />ANTHONY, MINNESOTA
<br />State of Minnesota - Construction aid
<br />$ 218,823
<br />$ 218,823
<br />SPECIAL
<br />ASSESSMENT FUND
<br />$ 12,082
<br />Special assessment collections
<br />314,283
<br />STATEMENT OF CHANGES IN FUND BAIANCE
<br />314,283
<br />Interest on investments
<br />48,476
<br />YEAR ENDED
<br />DECEMBER 31, 1976
<br />Refunds
<br />4,794
<br />4,794
<br />Investments maturities, at cost
<br />3,251,100
<br />540,800
<br />2,710,300
<br />$3,849,558
<br />$ 771,003
<br />$3,078,555
<br />Construction
<br />Debt Service
<br />Bond payments
<br />Total
<br />accounts
<br />accounts
<br />Fund balance January
<br />1, 1976
<br />$ 637,658
<br />$ 15,254
<br />622,404
<br />Add
<br />447
<br />Improvement costs
<br />310,128
<br />$ 310,128
<br />State of
<br />Minnesota
<br />- Construction
<br />aid $ 218,823
<br />$ 218,823
<br />L
<br />Interest
<br />on special
<br />assessments
<br />65,842
<br />S 2.102
<br />$ 65,842
<br />Increase
<br />in special
<br />assessments
<br />12,469
<br />12,469
<br />General
<br />property taxes
<br />13,764
<br />13,764
<br />Interest
<br />earned
<br />52,691
<br />6,685
<br />46,006
<br />Refunds
<br />and reimbursements
<br />333
<br />333
<br />$ 363,922
<br />$ 225,841
<br />$ 138,081
<br />Deduct
<br />Improvement costs $ 321,584 $ 321,584
<br />Interest expense 61,021 $ 61,021
<br />Service charges 447 447
<br />Refinance construction account 12,458 12,458
<br />Decrease in special assessment 15,034 15,034
<br />$ 410,544 $ 321,584 $ 88,960
<br />Fund balance December 31, 1976 S 591.036 80 489) 6 25
<br />STATEMENT OF RECEIPTS AND DISBURSEMENTS
<br />YEAR ENDED DECEMBER 31, 1976
<br />Cash balance (deficit) January 1, 1976 $ 206,240 $( 24,020) $ 230,260
<br />Receipts
<br />State of Minnesota - Construction aid
<br />$ 218,823
<br />$ 218,823
<br />General property taxes
<br />12,082
<br />$ 12,082
<br />Special assessment collections
<br />314,283
<br />314,283
<br />Interest on investments
<br />48,476
<br />6,586
<br />41,890
<br />Refunds
<br />4,794
<br />4,794
<br />Investments maturities, at cost
<br />3,251,100
<br />540,800
<br />2,710,300
<br />$3,849,558
<br />$ 771,003
<br />$3,078,555
<br />Disbursements
<br />Bond payments
<br />$ 215,000
<br />$ 215,000
<br />Interest on bonds
<br />61,021
<br />61,021
<br />i_ Service charges
<br />447
<br />447
<br />Improvement costs
<br />310,128
<br />$ 310,128
<br />Investment purchases
<br />3,462,100
<br />450,300
<br />3,011,800
<br />L
<br />$4,048,696
<br />$ 760,428
<br />$3,288,268
<br />Cash balance (deficit) December 31, 1976
<br />S 2.102
<br />S( 13 445)
<br />S 20 547
<br />L_ -
<br />See accompanying notes to financial statements.
<br />w
<br />
|