My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2016 CAFR
StAnthony
>
Finance
>
CAFR
>
2016 CAFR
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/13/2017 11:51:45 AM
Creation date
12/13/2017 11:45:56 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
186
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br /> <br />Business-type activities. Business-type activities decreased net position by $609,894. The key <br />factor for the decrease was closing and distribution of assets of the Water Plant Fund. <br /> <br /> <br />Financial Analysis of the City’s Funds <br />As noted earlier, the City of St. Anthony uses fund accounting to ensure and demonstrate <br />compliance with finance-related legal requirements. <br /> <br />Governmental funds. The focus of the City of St. Anthony, Minnesota’s governmental funds is <br />to provide information on near-term inflows, outflows, and balances of spendable resources. <br />Such information is useful in assessing the City of St. Anthony, Minnesota’s financing <br />requirements. <br /> <br />As of the end of the current fiscal year, the City of St. Anthony, Minnesota’s governmental funds <br />reported combined ending fund balances of $20,844,111, an increase of $13,293,951 in <br />comparison with the prior year amounts. <br /> <br />The ending fund balance by GASB 54 designation is as follows: <br /> <br />Nonspendable $172,670 <br />Restricted 6,907,253 <br />Committed 105,503 <br />Assigned 13,148,229 <br />Unassigned 510,456 <br />Total $20,844,111 <br /> <br />20
The URL can be used to link to this page
Your browser does not support the video tag.