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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 6
<br />PROPRIETARY FUNDS
<br />December 31, 2018
<br />With Comparative Totals For Enterprise Funds For December 31, 2017
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal
<br />Service Fund
<br />Assets:2018 2017
<br />Current assets:
<br /> Cash and cash equivalents $469,542 $1,803,675 $97,650 $2,370,867 $2,559,792 $159,244
<br /> Receivables:
<br />Accounts - net 8,140 616,591 - 624,731 601,166 -
<br /> Due from other governmental units - 585 11,432 12,017 10,849 -
<br /> Prepaid items 12,292 16,755 - 29,047 28,505 -
<br /> Inventories - at cost 897,494 312,511 - 1,210,005 1,307,378 -
<br />Total current assets 1,387,468 2,750,117 109,082 4,246,667 4,507,690 159,244
<br />Noncurrent assets:
<br /> Capital assets:
<br /> Land - 5,653 2,084,301 2,089,954 2,089,954 -
<br /> Land improvements - - 1,038,687 1,038,687 - -
<br /> Construction in progress - - - - 835,045 -
<br /> Buildings and structures 1,880,793 6,587,104 - 8,467,897 8,372,645 -
<br /> Furniture, fixtures and equipment 441,685 4,399,989 - 4,841,674 4,547,552 -
<br /> Distribution and collection system - 11,380,084 5,769,887 17,149,971 15,852,681 -
<br /> Software intangibles 26,022 - - 26,022 190,011 -
<br />Total capital assets 2,348,500 22,372,830 8,892,875 33,614,205 31,887,888 0
<br /> Less: Allowance for depreciation (1,314,538) (7,274,881) (977,246) (9,566,665) (8,703,724) -
<br />Net capital assets 1,033,962 15,097,949 7,915,629 24,047,540 23,184,164 0
<br />Total assets 2,421,430 17,848,066 8,024,711 28,294,207 27,691,854 159,244
<br />Deferred outflows of resources:
<br /> Related to OPEB - - - - - 30,066
<br />Related to pensions - - - - - 4,045,879
<br />Total deferred outflows of resources - - - - - 4,075,945
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 86,700 28,503 7,920 123,123 286,544 -
<br />Contracts payable - - - - 30,162 -
<br />Due to other governmental units 65,089 78,773 840 144,702 113,009 -
<br />Salaries payable 18,231 14,634 - 32,865 27,539 -
<br />Accrued interest payable - 7,042 - 7,042 8,125 -
<br />Refundable deposits - 59,905 - 59,905 63,370 -
<br />Compensated absences payable - current portion 21,795 39,807 - 61,602 59,217 214,247
<br />Bonds and notes payable - current portion - 130,000 - 130,000 130,000 -
<br />Total current liabilities 191,815 358,664 8,760 559,239 717,966 214,247
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent portion 45,100 82,372 - 127,472 124,298 443,347
<br />Bonds and notes payable - noncurrent portion - 737,916 - 737,916 872,424 -
<br />Other post employment benefits liability - - - - 102,705 803,931
<br />Net pension liability - - - - - 4,499,785
<br />Total noncurrent liabilities 45,100 820,288 0 865,388 1,099,427 5,747,063
<br />Total liabilities 236,915 1,178,952 8,760 1,424,627 1,817,393 5,961,310
<br />Deferred inflows of resources:
<br />Related to pensions - - - - - 6,203,731
<br />Net position:
<br /> Net investments in capital assets 1,033,962 14,230,033 7,915,629 23,179,624 22,151,578 -
<br /> Unrestricted 1,150,553 2,439,081 100,322 3,689,956 3,722,883 (7,929,852)
<br />Total net position $2,184,515 $16,669,114 $8,015,951 $26,869,580 $25,874,461 ($7,929,852)
<br />Net position reported above $26,869,580 $25,874,461
<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.(206,699) (193,230)
<br />Net position of business-type activities (Statement 1)$26,662,881 $25,681,231
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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