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36
<br />CITY OF ST, ANTHONY, MINNESOTA
<br />STATEMENT OF CASH INVESTMENTS AND SECURITY FOR DEPOSITS
<br />DECEMBER 31, 1977
<br />Cash Investments
<br />Cash
<br />St. Anthony National Bank
<br />General Fund checking account $176,844
<br />Liquor Fund checking account ( 4,106)
<br />Savings account $ 152,127
<br />Certificate of deposit 1,250,000
<br />Total cash 2 7 p .127
<br />Face amount
<br />of securities
<br />pledged
<br />as collateral
<br />Additianal coverage of $40,000 for demand deposits and $100,000 for time deposits is
<br />provided at each depository by the Federal Deposit Insurance Corporation.
<br />Minnesota law stipulates that the amount of deposits cannot exceed the F.D.I.C.
<br />insurance plus ninety percent of the market value of securities pledged as collateral
<br />by the bank. On December 31, 1977, the bank deposits at St. Anthony National Bank
<br />were in excess of this requirement.
<br />Cash balance
<br />Cash balance
<br />January 1,
<br />December 31,
<br />1977
<br />Receipts
<br />Disbursements
<br />1977
<br />Fund
<br />General Fund
<br />$( 43,660)
<br />$1,207,360
<br />$1,062,933
<br />$ 100,767
<br />Special revenue funds
<br />Community Development Fund
<br />6,830
<br />( 6,830)
<br />State -aid Fund
<br />17,500
<br />23,948
<br />38,809
<br />2,639
<br />CETA Fund
<br />3,838
<br />( 3,838)
<br />Home Improvement Grant Fund
<br />2,921
<br />11,151
<br />13,881
<br />191
<br />Revenue Sharing Fund
<br />22,615
<br />161,260
<br />185,032
<br />( 1,157)
<br />Special Fire Department Fund
<br />9,482
<br />17,269
<br />18,500
<br />8,251
<br />Special Police Department Fund
<br />19,420
<br />37,024
<br />58,959
<br />( 2,515)
<br />Capital project funds
<br />Capital Improvement Fund
<br />1,876
<br />7,298
<br />4,050
<br />5,124
<br />Special Assessment Fund
<br />Construction accounts
<br />( 13,445)
<br />139,424
<br />126,262
<br />( 283)
<br />Debt service accounts
<br />20,547
<br />2,044,962
<br />2,010,584
<br />54,925
<br />Municipal Liquor Fund
<br />3,336
<br />2,460,293
<br />2,467,735
<br />( 4,106)
<br />Public Utility funds
<br />Operating Funds
<br />Water
<br />15,468
<br />743,882
<br />753,957
<br />5,393
<br />Sewer
<br />15,475
<br />322,463
<br />334,617
<br />3,321
<br />Water Construction Fund
<br />56,665
<br />50,199
<br />95,000
<br />11,864
<br />General Debt Service Fund
<br />( 984)
<br />11,131
<br />11,155
<br />( 1,008)
<br />Total
<br />2 216
<br />$7.237.664
<br />57.192,142
<br />$ 172.738
<br />
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