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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 6
<br />PROPRIETARY FUNDS
<br />December 31, 2017
<br />With Comparative Totals For Enterprise Funds For December 31, 2016
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal
<br />Service Fund
<br />Assets:2017 2016
<br />Current assets:
<br /> Cash and cash equivalents $479,505 $1,915,415 $164,872 $2,559,792 $2,355,300 $105,953
<br /> Receivables:
<br />Accounts 5,098 596,068 - 601,166 532,908 -
<br /> Due from other governmental units 167 652 10,030 10,849 177,612 -
<br /> Prepaid items 12,790 15,715 - 28,505 31,127 -
<br /> Inventories - at cost 847,289 460,089 - 1,307,378 843,100 -
<br />Total current assets 1,344,849 2,987,939 174,902 4,507,690 3,940,047 105,953
<br />Noncurrent assets:
<br /> Capital assets:
<br /> Land - 5,653 2,084,301 2,089,954 2,089,954 -
<br /> Construction in progress - - 835,045 835,045 238,919 -
<br /> Buildings and structures 1,880,793 6,491,852 - 8,372,645 3,883,283 -
<br /> Furniture, fixtures and equipment 423,625 4,123,927 - 4,547,552 1,799,396 -
<br /> Distribution and collection system - 10,363,156 5,489,525 15,852,681 15,254,093 -
<br /> Software intangibles 26,022 163,989 - 190,011 26,022 -
<br />Total capital assets 2,330,440 21,148,577 8,408,871 31,887,888 23,291,667 0
<br /> Less: Allowance for depreciation (1,245,756) (6,696,731) (761,237) (8,703,724) (8,073,528) -
<br />Net capital assets 1,084,684 14,451,846 7,647,634 23,184,164 15,218,139 0
<br />Total assets 2,429,533 17,439,785 7,822,536 27,691,854 19,158,186 105,953
<br />Deferred outflows of resources:
<br />Related to pensions - - - - - 5,679,357
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 128,075 144,191 14,278 286,544 203,152 -
<br />Contracts payable - - 30,162 30,162 75,038 -
<br />Due to other governmental units 68,287 44,574 148 113,009 71,248 -
<br />Salaries payable 15,301 12,238 - 27,539 24,752 -
<br />Accrued interest payable - 8,125 - 8,125 9,167 -
<br />Refundable deposits - 63,370 - 63,370 66,795 -
<br />Compensated absences payable - current portion 21,776 37,441 - 59,217 51,218 212,435
<br />Bonds and notes payable - current portion - 130,000 - 130,000 129,508 -
<br />Total current liabilities 233,439 439,939 44,588 717,966 630,878 212,435
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent portion 45,710 78,588 - 124,298 109,283 445,906
<br />Bonds and notes payable - noncurrent portion - 872,424 - 872,424 1,002,425 -
<br />Other post employment benefits 52,738 49,967 - 102,705 94,874 -
<br />Net pension liability - - - - - 5,735,585
<br />Total noncurrent liabilities 98,448 1,000,979 0 1,099,427 1,206,582 6,181,491
<br />Total liabilities 331,887 1,440,918 44,588 1,817,393 1,837,460 6,393,926
<br />Deferred inflows of resources:
<br />Related to pensions - - - - - 6,881,716
<br />Net position:
<br /> Net investments in capital assets 1,084,684 13,449,422 7,617,472 22,151,578 14,011,168 -
<br /> Unrestricted 1,012,962 2,549,445 160,476 3,722,883 3,309,558 (7,490,332)
<br />Total net position $2,097,646 $15,998,867 $7,777,948 $25,874,461 $17,320,726 ($7,490,332)
<br />Net position reported above $25,874,461 $17,320,726
<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. (193,230) (137,777)
<br />Net position of business-type activities (Statement 1) $25,681,231 $17,182,949
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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