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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 1
<br />December 31, 2016
<br />With Comparative Totals For December 31, 2015
<br />Governmental Business-Type
<br />Activities Activities 2016 2015
<br />Assets:
<br />Cash and investments $20,937,376 $2,355,300 $23,292,676 $12,544,519
<br />Accrued interest 26,021 - 26,021 25,813
<br />Due from other governmental units 1,511,625 176,923 1,688,548 839,752
<br />Internal balances 137,777 (137,777) - -
<br />Accounts receivable - net 41,265 518,473 559,738 593,322
<br />Prepaid items 169,260 31,127 200,387 134,686
<br />Property taxes receivable 213,984 689 214,673 167,578
<br />Special assessments receivable 1,685,223 14,435 1,699,658 1,865,316
<br />Funds held for others 43,765 - 43,765 71,941
<br />Inventories - at cost 3,410 843,100 846,510 848,237
<br />Capital assets - net:
<br />Nondepreciable 5,937,146 2,328,873 8,266,019 7,647,675
<br />Depreciable 29,518,929 12,889,266 42,408,195 40,409,771
<br />Net pension asset 197,073 - 197,073 151,568
<br />Total assets 60,422,854 19,020,409 79,443,263 65,300,178
<br />Deferred outflows of resources:
<br />Related to pensions 9,856,765 - 9,856,765 1,080,208
<br />Liabilities:
<br />Accounts payable 987,821 203,152 1,190,973 890,170
<br />Contracts payable 803,724 75,038 878,762 351,349
<br />Deposits payable 2,000 66,795 68,795 73,555
<br />Due to other governmental units 40,729 71,248 111,977 127,645
<br />Salaries payable 64,884 24,752 89,636 64,688
<br />Accrued interest payable 338,067 9,167 347,234 306,875
<br />Compensated absences payable:
<br />Due within one year 208,086 51,218 259,304 260,081
<br />Due in more than one year 444,852 109,283 554,135 570,398
<br />Bonds and notes payable (net of unamortized
<br />premiums and discounts):
<br />Due within one year 3,449,577 129,508 3,579,085 2,803,718
<br />Due in more than one year 28,845,827 1,002,425 29,848,252 30,460,981
<br />Other post employment benefits:
<br />Due in more than one year 569,716 94,874 664,590 601,108
<br />Net pension liability:
<br />Due in more than one year 14,584,653 - 14,584,653 4,924,972
<br />Total liabilities 50,339,936 1,837,460 52,177,396 41,435,540
<br />Deferred inflows of resources:
<br />Related to pensions 1,720,351 - 1,720,351 760,901
<br />Net position:
<br />Net investments in capital assets 10,024,670 14,011,168 24,035,838 22,747,279
<br />Restricted for:
<br />Debt service 6,282,913 - 6,282,913 6,147,172
<br />Redevelopment activity - - - 12,411
<br />Public safety 25,634 - 25,634 19,283
<br />Unrestricted 1,886,115 3,171,781 5,057,896 (4,742,200)
<br />Total net position $18,219,332 $17,182,949 $35,402,281 $24,183,945
<br />Total
<br />Primary Government
<br />The accompanying notes are an integral part of these financial statements.
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