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CITY OF ST. ANTHONY SCHEDULE 22
<br />LIQUOR FUND
<br />BALANCE SHEET
<br />DECEMBER 31, 1983 AND 1982
<br />ASSETS 1983 1982
<br />Current Assets
<br />Cash and Short -Term Investments $ 169,271 $ 420,926
<br />Petty Cash and Change Funds 103,275 88,175
<br />Accrued Interest Receivable 5,847
<br />Inventory of Merchandise, at Lower of Cost or Market 572,880 345,519
<br />Prepaid Insurance 6,230 6,583
<br />Total Current Assets 851,656 867,050
<br />Property, Plant and Equipment - At Cost
<br />Land and Improvements 11,152 11,152
<br />Building and Structures 489,721 475,461
<br />Furniture, Fixtures and Equipment 343,269 268,600
<br />844,142 755,213
<br />Less Accumulated Depreciation 432,887 393,681
<br />Total Property, Plant and Equipment 411,255 361,532
<br />Other Asset
<br />Restricted Cash and Short -Term Investments -
<br />Severance 9,260 9,260
<br />Totals $1,272,171 $1,237,842
<br />LIABILITIES AND FUND EQUITY
<br />Current Liabilities
<br />Accounts Payable
<br />$ 87,421
<br />$ 68,805
<br />Accrued Payroll and Related Taxes
<br />9,116
<br />8,571
<br />Accrued Sales Tax
<br />36,453
<br />17,412
<br />Due to General Fund
<br />48,125
<br />Total Current Liabilities
<br />181,115
<br />94,788
<br />Fund Equity
<br />Retained Earnings
<br />Reserved for Severance Payments
<br />9,260
<br />9,260
<br />Unreserved
<br />1,081,796
<br />1,133,794
<br />Total Fund Equity
<br />1,091,056
<br />1,143,054
<br />Totals
<br />$1,272,171
<br />$1,237,842
<br />-38-
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