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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 1
<br />December 31, 2017
<br />With Comparative Totals For December 31, 2016
<br />Governmental Business-Type
<br />Activities Activities 2017 2016
<br />Assets:
<br />Cash and investments $16,432,403 $2,559,792 $18,992,195 $23,292,676
<br />Accrued interest 30,964 - 30,964 26,021
<br />Due from other governmental units 753,412 10,476 763,888 1,688,548
<br />Internal balances 193,230 (193,230) - -
<br />Accounts receivable - net 39,311 585,491 624,802 559,738
<br />Loans receivable 41,194 - 41,194 -
<br />Prepaid items 122,147 28,505 150,652 200,387
<br />Property taxes receivable 109,622 373 109,995 214,673
<br />Special assessments receivable 1,788,335 15,675 1,804,010 1,699,658
<br />Funds held for others - - - 43,765
<br />Inventories - at cost 12,843 1,307,378 1,320,221 846,510
<br />Capital assets - net:
<br />Nondepreciable 6,513,515 2,924,999 9,438,514 8,266,019
<br />Depreciable 28,690,350 20,259,165 48,949,515 42,408,195
<br />Net pension asset 286,453 - 286,453 197,073
<br />Total assets 55,013,779 27,498,624 82,512,403 79,443,263
<br />Deferred outflows of resources:
<br />Related to pensions 5,681,820 - 5,681,820 9,856,765
<br />Liabilities:
<br />Accounts payable 1,675,682 286,544 1,962,226 1,190,973
<br />Contracts payable 859,814 30,162 889,976 878,762
<br />Deposits payable 4,042 63,370 67,412 68,795
<br />Due to other governmental units 66,360 113,009 179,369 111,977
<br />Salaries payable 76,296 27,539 103,835 89,636
<br />Accrued interest payable 360,108 8,125 368,233 347,234
<br />Compensated absences payable:
<br />Due within one year 212,435 59,217 271,652 259,304
<br />Due in more than one year 445,906 124,298 570,204 554,135
<br />Bonds and notes payable (net of unamortized
<br />premiums and discounts):
<br />Due within one year 2,895,000 130,000 3,025,000 3,579,085
<br />Due in more than one year 29,068,291 872,424 29,940,715 29,848,252
<br />Other post employment benefits:
<br />Due in more than one year 619,626 102,705 722,331 664,590
<br />Net pension liability:
<br />Due in more than one year 5,735,585 - 5,735,585 14,584,653
<br />Total liabilities 42,019,145 1,817,393 43,836,538 52,177,396
<br />Deferred inflows of resources:
<br />Related to pensions 6,951,071 - 6,951,071 1,720,351
<br />Net position:
<br />Net investments in capital assets 10,274,946 22,151,578 32,426,524 24,035,838
<br />Restricted for:
<br />Debt service 6,537,390 - 6,537,390 6,282,913
<br />Pensions 219,561 - 219,561 197,073
<br />Public safety 23,865 - 23,865 25,634
<br />Unrestricted (5,330,379) 3,529,653 (1,800,726) 4,860,823
<br />Total net position $11,725,383 $25,681,231 $37,406,614 $35,402,281
<br />Total
<br />Primary Government
<br />The accompanying notes are an integral part of these financial statements.
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