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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 6
<br />PROPRIETARY FUNDS
<br />December 31, 2015
<br />With Comparatvie Totals For Enterprise Fund For December 31, 2014
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />Assets:2015 2014
<br />Current assets:
<br /> Cash and cash equivalents $427,658 $3,268,990 $ - $3,696,648 $4,125,755 $82,882
<br /> Interfund loan receivable - current portion - 5,620 - 5,620 125,620 -
<br /> Receivables:
<br />Accounts 15,233 525,271 - 540,504 501,365 -
<br /> Due from other governments - 45,835 592,399 638,234 - -
<br /> Prepaid items 11,228 16,761 - 27,989 26,102 -
<br /> Inventories - at cost 845,365 - - 845,365 869,602 -
<br /> Total current assets 1,299,484 3,862,477 592,399 5,754,360 5,648,444 82,882
<br />Noncurrent assets:
<br /> Interfund loan receivable - noncurrent portion - 1,004,286 - 1,004,286 889,906 -
<br /> Capital assets:
<br /> Land - 5,653 2,084,301 2,089,954 5,653 -
<br /> Construction in progress - - 728,464 728,464 172,154 -
<br /> Buildings and structures 1,875,328 2,007,955 - 3,883,283 3,883,283 -
<br /> Furniture, fixtures and equipment 418,325 1,308,368 - 1,726,693 1,455,295 -
<br /> Distribution and collection system - 9,277,595 3,237,464 12,515,059 8,636,295 -
<br /> Software intangibles 26,022 - - 26,022 26,022 -
<br /> Total capital assets 2,319,675 12,599,571 6,050,229 20,969,475 14,178,702 0
<br /> Less: Allowance for depreciation (1,109,626) (6,045,949) (419,302) (7,574,877) (6,771,562) -
<br /> Net capital assets 1,210,049 6,553,622 5,630,927 13,394,598 7,407,140 0
<br />Total noncurrent assets 1,210,049 7,557,908 5,630,927 14,398,884 8,297,046 0
<br /> Total assets 2,509,533 11,420,385 6,223,326 20,153,244 13,945,490 82,882
<br />Deferred outflows of resources:
<br />Related to pensions - - - - - 1,030,862
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 219,739 43,496 65,039 328,274 368,016 -
<br />Contracts payable - - 197,784 197,784 152,642 -
<br />Interfund payable - - 149,874 149,874 - -
<br />Due to other governmental units 62,690 6,048 - 68,738 68,627 -
<br />Salaries payable 8,399 8,957 - 17,356 61,792 -
<br />Accrued interest payable - 10,125 - 10,125 11,083 -
<br />Refundable deposits - 71,555 - 71,555 77,825 -
<br />Compensated absences payable - current portion 18,772 31,976 - 50,748 47,272 209,333
<br />Bonds and notes payable - current portion - 119,508 - 119,508 119,508 -
<br /> Total current liabilities 309,600 291,665 412,697 1,013,962 906,765 209,333
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent portion 41,170 70,129 - 111,299 106,454 459,099
<br />Bonds and notes payable - noncurrent portion - 1,131,932 - 1,131,932 1,251,440 -
<br />Other post employement benefits 44,519 41,746 - 86,265 74,279 -
<br />Net pension liability - - - - - 4,924,972
<br /> Total noncurrent liabilities 85,689 1,243,807 0 1,329,496 1,432,173 5,384,071
<br /> Total liabilities 395,289 1,535,472 412,697 2,343,458 2,338,938 5,593,404
<br />Deferred inflows of resources:
<br />Related to pensions - - - - - 760,901
<br />Total deferred inflows of resources - - - - - 760,901
<br />Net position:
<br /> Net investments in capital assets 1,210,049 5,302,182 5,630,927 12,143,158 6,036,192 -
<br /> Unrestricted 904,195 4,582,731 179,702 5,666,628 5,570,360 (5,240,561)
<br /> Total net position $2,114,244 $9,884,913 $5,810,629 $17,809,786 $11,606,552 ($5,240,561)
<br />Net position reported above $17,809,786
<br />Adjustment to report the cumulative internal balance for the net effect of activity
<br /> between the internal service fund and the enterprise funds over time. (16,943)
<br />Net position of business-type activites (Statement 1) $17,792,843
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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