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CITY OF ST. ANTHONY, MINNESOTA <br />NET POSITION BY COMPONENT <br />Last Ten Fiscal Years <br />(Accrual Basis of Accounting) <br />2008 2009 2010 <br />Governmental activities: <br />Net invested in capital assets $13,372,903 $12,367,934 $14,098,233 <br />Restricted for: <br /> Debt service 2,327,517 6,782,289 4,372,871 <br /> Redevelopment activity - - - <br /> Pensions - - - <br /> Public safety 63,701 60,985 34,320 <br />Unrestricted 90,615 (3,478,013) (1,339,821) <br />Total governmental <br />activities net position $15,854,736 $15,733,195 $17,165,603 <br />Business-type activities: <br />Net invested in capital assets $4,745,674 $5,017,685 $4,915,905 <br />Restricted for: <br /> Debt service 120,000 120,000 120,000 <br />Unrestricted 1,042,856 730,653 615,994 <br />Total business-type <br />activities net position $5,908,530 $5,868,338 $5,651,899 <br />Primary government: <br />Net invested in capital assets $18,118,577 $17,385,619 $19,014,138 <br />Restricted for: <br />Debt service 2,447,517 6,902,289 4,492,871 <br />Redevelopment activity - - - <br /> Pensions - - - <br />Public safety 63,701 60,985 34,320 <br />Unrestricted 1,133,471 (2,747,360) (723,827) <br />Total primary government <br />net position $21,763,266 $21,601,533 $22,817,502 <br />Note: GASB 65 was implemented in 2013. Net position was restated for 2012 to reflect the expensing of bond issuance <br />costs in the year of issuance. <br />Net position for years prior to 2012 was not restated. <br />Note: GASB 68 was implemented in 2015. Net position was restated for 2014 to reflect the reporting of net pension liability <br /> and pension related deferred outflows of resources. Net position for years prior to 2014 was not restated. <br />Note: The City closed the Stormwater Improvement Capital Project Fund during 2015 and transferred the majority <br /> of the net position to the Stormwater Utility Fund. <br />Fiscal Year <br />146